Charity Accounts Intelreading the accounts so you don’t have to

BAY LEISURE LIMITED

Registered charity 1190403 · accounts filings on the Charity Commission register

Affordable health and fitness facility provider

Causes: Recreation · website · Get email alerts

Latest income
£95k
Latest spending
£664k
Registered
2020
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity ceased all trading operations in the prior year and is currently in a transitional wind-down period with no formal dissolution plan. Despite recording a net deficit of £568,667, the charity holds unrestricted reserves of £2,782,145 and a cash balance of £2,833,197, which the trustees confirm provides adequate resources to continue for the foreseeable future.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Charitable activities (98% of income)
“Charitable activities 5 a - 4,539,525 4,539,525” — page 13
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Simply Leisure Limited is a 100% subsidiary of Bay Leisure Limited and as such, the group has taken advantage of the exemption under FRS 102 from disclosing transactions with other wholly owned group companies.
“Simply Leisure Limited is a 100% subsidiary of Bay Leisure Limited and as such, the group has taken advantage of the exemption under FRS 102 from disclosing transactions with other wholly owned group companies.” — page 37
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Simply Leisure Ltd
“Simply Leisure Ltd 100 Ordinary £1 shares 100”
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Xeinadin Audit Limited. Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 31/03/2024)

Total income
£4.6m
Total spending
£3.2m
Reserves (reported)
£3.4m
Employees
60

Per its annual return, largest income source: Charitable activities (99% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income.

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/03/2025£95k£664k
31/03/2024£4.6m£3.2m
31/03/2023£4.6m£5.8m
31/03/2022£4.1m£4.4m
31/03/2021£3.7m£3.2m

Common questions

Is BAY LEISURE LIMITED financially healthy?

Per its FY2025 accounts: The accounts state that the charity ceased all trading operations in the prior year and is currently in a transitional wind-down period with no formal dissolution plan. Despite recording a net deficit of £568,667, the charity holds unrestricted reserves of £2,782,145 and a cash balance of £2,833,197, which the trustees confirm provides adequate resources to continue for the foreseeable future. Its FY2025 accounts were audited by Xeinadin Audit Limited.