PENDENNIS LEISURE CIO
Provide, operate, maintain and develop leisure facilities and other amenities that support community health, fitness and wellbeing. Promote active leisure and sport and provide training, coaching, mentoring and other personal support services.Identify and work to resolve barriers and potential barriers to participation in community health, fitness, sport and wellbeing activities.
Financial health, per its FY2025 accounts
The accounts state that the charity held unrestricted reserves of £17,242 and restricted reserves of £1,250 at the end of the financial year, resulting in total net assets of £18,492. The trustees report that the charity is in a good financial position with a bank balance of £39,700 and sufficient funds to remain cashflow positive for the next year. However, the document notes that due to high operating and utility costs, donations and grants are required to maintain financial viability.
What the accounts disclose
“The charity successfully operates a cafe and exercise classes which make a financial contribution towards the running costs of the centre. Due to the high operating and utility costs of running such a large and inefficient building some donations and grants are required to maintain financial viability.” — page 5
“The charity holds zero reserves and manages the financial risk by forecasting cash flow over the next 6 months and ensuring sufficient funds are available.” — page 5
Property (HM Land Registry)
Trustees
- Matthew Thomsonchair
- Christopher Charles Owen
- Christopher Lee
- Gemma Adams
- Keren Louise Cooksey
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £101k | £103k |
| 31/03/2024 | £146k | £126k |
Common questions
Is PENDENNIS LEISURE CIO financially healthy?
Per its FY2025 accounts: The accounts state that the charity held unrestricted reserves of £17,242 and restricted reserves of £1,250 at the end of the financial year, resulting in total net assets of £18,492. The trustees report that the charity is in a good financial position with a bank balance of £39,700 and sufficient funds to remain cashflow positive for the next year. However, the document notes that due to high operating and utility costs, donations and grants are required to maintain financial viability.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Sport England | 17/11/2022 | £0 | Places and Spaces (Crowdfunding) |