LUTTERWORTH ATHLETIC FOOTBALL CLUB
The Promotion of community participation in healthy recreation for the inhabitants of Lutterworth, to promote both mental and physical well being by the provision of facilities for playing football.
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net deficit of £100,903 for the year ended 31 July 2023, resulting in a decrease in accumulated unrestricted funds from £108,432 to £7,529. The trustees note that it has not been their policy to accumulate significant unrestricted funds, aiming instead to distribute and invest monies for the benefit of members and facility enhancement. The independent examiner confirmed that no matters came to their attention requiring further disclosure regarding the accounts.
What the accounts disclose
“It has not been the policy of the Charity to accumulate significant unrestricted funds, as it is the aim of the Charity to distribute & invest monies for the benefit of the members and to enhance and improve the facility. However, the Trustees are very aware of the need to retain a certain amount of money to meet the needs of urgent repairs or re-development of any area to maintain a reserve for working capital requirements.” — page 5
Charity Commission inquiry
“The Commission’s concerns first arose after the charity was identified as repeatedly non-compliant with its filing duties.”
“The charity entered the regulator’s double defaulter class inquiry in 2024 after failing to submit accounts for 2022 and 2023.”
“The regulator has escalated its engagement by launching a standalone statutory inquiry into the charity after bank analysis identified a number of additional concerns.”
Structured financials (annual return, FY ending 31/07/2023)
Trustees
- MICHAEL ENGLISHchair
- DANIEL CHECHLACZ
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | — | — |
| 31/07/2024 | — | — |
| 31/07/2023 | £1.3m | £1.4m |
| 31/07/2022 | £151k | £135k |
| 31/07/2021 | £96k | £47k |
Common questions
Is LUTTERWORTH ATHLETIC FOOTBALL CLUB financially healthy?
Per its FY2023 accounts: The accounts state that the charity reported a net deficit of £100,903 for the year ended 31 July 2023, resulting in a decrease in accumulated unrestricted funds from £108,432 to £7,529. The trustees note that it has not been their policy to accumulate significant unrestricted funds, aiming instead to distribute and invest monies for the benefit of members and facility enhancement. The independent examiner confirmed that no matters came to their attention requiring further disclosure regarding the accounts. Its FY2023 accounts were independently examined.
Who funds LUTTERWORTH ATHLETIC FOOTBALL CLUB?
Funders whose own accounts filings name LUTTERWORTH ATHLETIC FOOTBALL CLUB as a grant recipient include THE DERBYSHIRE ENVIRONMENTAL TRUST LIMITED.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE DERBYSHIRE ENVIRONMENTAL TRUST LIMITED | FY2024 | £42k | Clubhouse extension |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE ROGER DE HAAN CHARITABLE TRUST | 1 | £1.1m |
| THE JD FOUNDATION | 1 | £561k |
| BOLTON COMMUNITY AND VOLUNTARY SERVICES | 1 | £275k |
| BOLTON TOGETHER | 1 | £248k |
| JOHN SWIRE 1989 CHARITABLE TRUST | 1 | £30k |
| The Connolly Foundation (UK) Limited | 1 | £20k |
| BEDFORDSHIRE AND LUTON COMMUNITY FOUNDATION | 1 | £15k |
| CRH CHARITABLE TRUST | 1 | £15k |
Charities like this
- THE FOOTBALL LEAGUE (COMMUNITY) LIMITED
- PETERBOROUGH FOOTBALL AND SPORTS DEVELOPMENT FOUNDATION
- THE NEW CROFT FOUNDATION
- BOLTON WANDERERS COMMUNITY TRUST
- MILTON KEYNES DONS FOOTBALL CLUB SPORTS & EDUCATION TRUST
- The Sports Trust
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| LUTTERWORTH ATHLETIC FOOTBALL CLUB | £1.3m | — | 0 | unclear | — | no doubt |
| THE FOOTBALL LEAGUE (COMMUNITY) LIMITED | £15.7m | — | — | unclear | — | no doubt |
| PETERBOROUGH FOOTBALL AND SPORTS DEVELOPMENT FOUNDATION | £172k | — | 0 | below | — | no doubt |
| THE NEW CROFT FOUNDATION | £300k | — | 0 | below | — | no doubt |
| BOLTON WANDERERS COMMUNITY TRUST | £1.5m | — | 0 | below | 6.1% | no doubt |
| MILTON KEYNES DONS FOOTBALL CLUB SPORTS & EDUCATION TRUST | £3.9m | — | 0 | below | — | no doubt |