SPORTS PARTNERSHIP HEREFORDSHIRE AND WORCESTERSHIRE
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net expenditure of £10,631 for the year, with total reserves decreasing slightly from £976,939 to £966,308. The trustees confirm that the charity has sufficient reserves to continue operating and identified no material uncertainties regarding its ability to continue as a going concern. However, the charity remains heavily dependent on Sport England, which accounted for 75% of total income.
What the accounts disclose
“The level of this reserve is set at £250,000 (2023 - £250,000), based on approx. 6 month's budgeted expenditure (excluding some activities funded by fund providers other than Sport England).” — page 6
“The spouse of one of the trustees was paid a total of £854 (2023 - £1,200) in regards to photography services.” — page 31
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Alan Gilmour
- Andrew Bradley
- Carole Cumino
- DENISE JOAN STRUTT
- Dr SUSAN MARGARET SCRIVEN
- Laura Margaret Fish
- Peter Edward Sugg
- Sarah Mackay
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £768k | £819k |
| 31/03/2024 | £895k | £906k |
| 31/03/2023 | £932k | £976k |
| 31/03/2022 | £1.2m | £1.0m |
| 31/03/2021 | £735k | £767k |
Common questions
Is SPORTS PARTNERSHIP HEREFORDSHIRE AND WORCESTERSHIRE financially healthy?
The accounts state that the charity reported a net expenditure of £10,631 for the year, with total reserves decreasing slightly from £976,939 to £966,308. The trustees confirm that the charity has sufficient reserves to continue operating and identified no material uncertainties regarding its ability to continue as a going concern. However, the charity remains heavily dependent on Sport England, which accounted for 75% of total income. Its FY2024 accounts were audited by Richards Sandy Audit Services Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE SPORTS COUNCIL TRUST COMPANY | 1 | £47k |