SOUTHWARK COMMUNITY SPORTS TRUST
Provision of Sporting Facilities for community sports clubs.
Financial health, per its FY2025 accounts
The accounts state that the charity's financial position is very sound, with total unrestricted funds increasing to £403,281 and a net income of £63,030 for the year. The trustees report a strong balance sheet, noting that charitable activity revenues grew slightly to £184,472 while total expenditure rose to £195,681. The charity maintains substantial cash reserves and has explicitly confirmed there are no uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
“This leaves a balance of £51,324 as free reserves, after removing fixed assets.” — page 8
“The charity has a subsidary by control which is Southwark Community Sports Ground Ltd. The charity owed the company £33,985 (2024: £33,985) at the year end. The company has agreed to pay any profits up to the charity and in this year that amounted to £40,406.” — page 21
“The charity has a subsidary by control which is Southwark Community Sports Ground Ltd.” — page 21
Trustees
- John Smithchair
- Jon Thornton
- Prasanna Abeyrathna Nawalagamaralalaga
- Sean Keaton
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £259k | £196k |
| 31/03/2024 | £219k | £180k |
| 31/03/2023 | £178k | £151k |
Common questions
Is SOUTHWARK COMMUNITY SPORTS TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity's financial position is very sound, with total unrestricted funds increasing to £403,281 and a net income of £63,030 for the year. The trustees report a strong balance sheet, noting that charitable activity revenues grew slightly to £184,472 while total expenditure rose to £195,681. The charity maintains substantial cash reserves and has explicitly confirmed there are no uncertainties regarding its ability to continue as a going concern. Its FY2025 accounts were independently examined.
Who funds SOUTHWARK COMMUNITY SPORTS TRUST?
Funders whose own accounts filings name SOUTHWARK COMMUNITY SPORTS TRUST as a grant recipient include THE SURREY CRICKET BOARD.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE SURREY CRICKET BOARD | FY2022 | £10k | To help fund a standalone non-turf pitch project. |
| THE SURREY CRICKET BOARD | FY2023 | £9k |