HAMPSHIRE AND ISLE OF WIGHT TENNIS
Financial health, per its FY2024 accounts
The accounts state that the charity ended the year with a surplus of £44,838, bringing total unrestricted funds to £247,476. The trustees report that the charity maintains a formal reserves policy targeting a maximum of two years' full operating costs, and the current unrestricted reserves significantly exceed this prudent target. Per the independent examiner's report, no material matters were identified that would cast doubt on the accuracy of the accounts or the charity's compliance with statutory requirements.
What the accounts disclose
“a policy of holding a maximum of two years’ full operating costs has been adopted”
Trustees
- Lois Melanie Nashchair
- Jane Audrey Dow
- Jane Hackford
- Joanne Dallas
- Joe Roxburgh
- Kam Mak
- Mathew Johnstone
- Michael Isaacs
- Richard Marston
- Robin Thompson
- Roger Castle
- Stuart Lamb
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £218k | £266k |
| 31/12/2024 | £275k | £231k |
Common questions
Is HAMPSHIRE AND ISLE OF WIGHT TENNIS financially healthy?
The accounts state that the charity ended the year with a surplus of £44,838, bringing total unrestricted funds to £247,476. The trustees report that the charity maintains a formal reserves policy targeting a maximum of two years' full operating costs, and the current unrestricted reserves significantly exceed this prudent target. Per the independent examiner's report, no material matters were identified that would cast doubt on the accuracy of the accounts or the charity's compliance with statutory requirements. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE ROGER DE HAAN CHARITABLE TRUST | 1 | £534k |
| GLC CHARITABLE TRUST | 1 | £10k |