ADWICK PARK COMMUNITY AND SPORTS ACADEMIES CIO
To promote community participation in Adwick-Le-Street and the surrounding area by providing sports facilties.
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted funds of £785,038, which exceeds its stated reserves policy target of three to six months' expenditure. The charity reported a net income increase of £120,200 for the year, driven by incoming resources from charitable activities, while incurring governance costs of £8,878.
What the accounts disclose
“unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure.” — page 4
Property (HM Land Registry)
Trustees
- Michael Burke
- Paul Bishop
- Richard Simmons
- julie hicks
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £129k | £9k |
| 31/03/2024 | £161k | £2k |
| 31/03/2023 | £458k | £4k |
| 31/03/2022 | £0 | £6k |
| 31/03/2021 | £61k | £4k |
Common questions
Is ADWICK PARK COMMUNITY AND SPORTS ACADEMIES CIO financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds unrestricted funds of £785,038, which exceeds its stated reserves policy target of three to six months' expenditure. The charity reported a net income increase of £120,200 for the year, driven by incoming resources from charitable activities, while incurring governance costs of £8,878. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| UK government | 01/04/2023 | £111k | Community Ownership Fund |
| UK government | 01/04/2021 | £125k | Community Ownership Fund |