LUNE VALLEY COMMUNITY SOCIETY LTD
The charity manages and administers the activities of Lune Valley Community Swimming Pool based in Hornby Lancashire
Financial health, per its FY2024 accounts
The accounts state that the charity reported an overall deficit of £19,516 for the year ended 31 December 2024, compared to a surplus in the prior year. Despite this deficit, the unrestricted reserves stood at £23,303, which exceeds the trustees' stated policy target of £12,000 (representing six months of running costs). The trustees confirm the charity is in a stable position to continue its activities.
What the accounts disclose
“The Reserves Policy for the Charity was reviewed in 2021 to retain reserves of 6 months running costs. This year these have risen and so retained reserves should be £12,000” — page 8
Property (HM Land Registry)
Trustees
- Joanne mugfordchair
- David Waugh
- Julie Thornhill
- Michael Bray
- Paul Kenyon
- Philip Mugford
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £330k | £350k |
| 31/12/2023 | £184k | £182k |
| 31/12/2022 | £155k | £151k |
| 31/12/2021 | £122k | £111k |
| 31/12/2020 | £110k | £83k |
Common questions
Is LUNE VALLEY COMMUNITY SOCIETY LTD financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported an overall deficit of £19,516 for the year ended 31 December 2024, compared to a surplus in the prior year. Despite this deficit, the unrestricted reserves stood at £23,303, which exceeds the trustees' stated policy target of £12,000 (representing six months of running costs). The trustees confirm the charity is in a stable position to continue its activities. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 25/09/2020 | £30k | Lune Valley Swimming Pool |