DIAMOND SPORTS SOCIETY LIMITED

Registered charity 1199988 · accounts filings on the Charity Commission register

The provision of indoor baseball and softball practice facilities for the general public.

Causes: Amateur Sport · Get email alerts

Latest income
£397k
Latest spending
£589k
Registered
2022
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity holds unrestricted reserves of negative £340,188, indicating a significant deficit in net assets. The trustees report that the organization is operating at a net surplus but notes that this is greatly reduced due to ongoing payments of property lease arrears and initial funding liabilities. Per the trustees' report, the charity expects to clear arrears by the end of calendar year 2026 and become debt free thereafter.

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

What the accounts disclose

Reserves position: below the charity's own stated reserves policy (held: £-340k)
Unrestricted Funds (340,188)
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 3 of 6 completeness components.

Trustees · trustee networks

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

Operates in: Barnet

Income and spending

Financial year endIncomeSpending
31/07/2025£397k£589k
31/07/2024£190k£323k
31/07/2023£5k£8k

Common questions

Is DIAMOND SPORTS SOCIETY LIMITED financially healthy?

Per its FY2025 accounts: The accounts state that the charity holds unrestricted reserves of negative £340,188, indicating a significant deficit in net assets. The trustees report that the organization is operating at a net surplus but notes that this is greatly reduced due to ongoing payments of property lease arrears and initial funding liabilities. Per the trustees' report, the charity expects to clear arrears by the end of calendar year 2026 and become debt free thereafter. Its FY2025 accounts were independently examined.