TORBAY TIGERS BASKETBALL CLUB
The promotion of community participation in healthy recreation for the public benefit in Torbay and the surrounding areas by providing facilities to play basketball.
Financial health, per its FY2025 accounts
The accounts state that the charity held unrestricted reserves of £32,991 at year-end, which the trustees considered below their target of 3–6 months of core operating costs. The trustees identified uncertainty regarding the future of the contracted Basketball Development Officer role, noting it as a significant area of spend that may impact the financial position next year.
What the accounts disclose
“Membership and training fees: £51,991” — page 4
“At year-end, the club had a balance of £32,991 in the bank. The trustees considered this to be below target, given future spending commitment in the pipeline.” — page 5
“There remains some uncertainty around the position of the contracted Basketball Development Officer and whether the role will be in existence next year. As one of the clubs biggest areas of spend this will likely have an impact on our financial position next year.” — page 5
Trustees
- Norman Edward Waldronchair
- Barry John Bayley
- Kieron Palmer
- Lee Pottinger
- Richard Edwin Morrison
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £102k | £69k |
Common questions
Is TORBAY TIGERS BASKETBALL CLUB financially healthy?
Per its FY2025 accounts: The accounts state that the charity held unrestricted reserves of £32,991 at year-end, which the trustees considered below their target of 3–6 months of core operating costs. The trustees identified uncertainty regarding the future of the contracted Basketball Development Officer role, noting it as a significant area of spend that may impact the financial position next year. Its FY2025 accounts were independently examined.