THE NEW CROFT FOUNDATION
To promote community participation in healthy recreation by providing or assisting in the provisionof facilities for the playing of association football and other sports capable of improving health. To promote and protect good physical and mental health by providing or assisting in the provision of sports and other activities designed to alleviate health issues or promote healthier lifestyle
Financial health, per its FY2025 accounts
The accounts state that the charity ended the year with a net asset position of £8,373, comprising a restricted fund surplus of £20,268 and an unrestricted deficit of £11,895. The trustees report that free reserves are below their stated policy target of three months' expenditure (£50-£60k) due to increased delivery costs and reduced income, but they remain confident in the charity's ability to continue as a going concern through a recovery plan.
What the accounts disclose
“At the balance sheet date, The New Croft Foundations Free reserves were negative £11,895 which is below target level.” — page 6
“A grant of £500 was received from Haverhill Youth Activities Trust of which Tom Harrison is a Trustee.” — page 16
Trustees
- Tom Broughton Harrisonchair
- Cathrine Marian Merch-Chammon
- Graham Paul Jones
- Holly Anne Mayhew
- Kayleigh Steed
- Lois Balfour
- Nicholas Keeble
- Peter Anil Betts
- Simon Iron
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £300k | £345k |
| 31/07/2024 | £400k | £346k |
Common questions
Is THE NEW CROFT FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity ended the year with a net asset position of £8,373, comprising a restricted fund surplus of £20,268 and an unrestricted deficit of £11,895. The trustees report that free reserves are below their stated policy target of three months' expenditure (£50-£60k) due to increased delivery costs and reduced income, but they remain confident in the charity's ability to continue as a going concern through a recovery plan. Its FY2025 accounts were independently examined.