SOUTHWATER GHYLL CIO
The provision of facilities for recreation and sport in Southwater. The indoor facilities can accommodate a range of sports and recreational activities. The outdoor area's include a MUGA and football pitch.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves held are £42,000, with an additional £2,250 held for specific improvements, against a policy agreed in February 2023 to be regularly reviewed. The charity reported a net surplus of £49,931 for the year, increasing cash funds from £66,953 to £116,884. The independent examiner confirmed that no material matters came to their attention that would cause concern regarding the accounts or accounting records.
What the accounts disclose
“Trading Income 430,824” — page 5
Trustees
- Graham Watkinschair
- ANDY JOHN NEW
- Derek Moore
- GEOFFREY MAURICE COLE
- Michael Alan Neale BSc
- Sheldon Kissoon
- Wayne Ward
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £229k | £179k |
| 31/03/2024 | £237k | £247k |
| 31/03/2023 | £228k | £216k |
| 31/03/2022 | £203k | £161k |
| 31/03/2021 | £115k | £43k |
Common questions
Is SOUTHWATER GHYLL CIO financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves held are £42,000, with an additional £2,250 held for specific improvements, against a policy agreed in February 2023 to be regularly reviewed. The charity reported a net surplus of £49,931 for the year, increasing cash funds from £66,953 to £116,884. The independent examiner confirmed that no material matters came to their attention that would cause concern regarding the accounts or accounting records. Its FY2025 accounts were independently examined.