SOMERTON RECREATION GROUND TRUST
The provision and maintenance of a recreation ground for the benefit of the inhabitants of the town of Somerton without distinction of political, religious or other opinions, with the object of improving the condition of life of the said inhabitants.
Financial health, per its FY2025 accounts
The accounts state that the trust reported a net profit of £20,699 for the year ended 31 March 2025, an increase from £8,502 in the prior year. Total income rose to £54,130 from £38,077, while total expenses increased to £33,152 from £29,575. The trust holds net assets of £663,035, with unrestricted reserves represented by the capital account balance.
What the accounts disclose
Funders the charity credits
- Somerton Town Council
Property (HM Land Registry)
Trustees
- Cliff Stephen Bassett
- David Neil Osmond
- Jason Richard Burton-Tuttiett
- Justin Stanford Tripp
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £54k | £33k |
| 31/03/2024 | £38k | £31k |
| 31/03/2023 | £51k | £38k |
| 31/03/2022 | £41k | £26k |
| 31/03/2021 | £17k | £33k |
Common questions
Is SOMERTON RECREATION GROUND TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the trust reported a net profit of £20,699 for the year ended 31 March 2025, an increase from £8,502 in the prior year. Total income rose to £54,130 from £38,077, while total expenses increased to £33,152 from £29,575. The trust holds net assets of £663,035, with unrestricted reserves represented by the capital account balance.