THE NATIONAL SMALL-BORE RIFLE ASSOCIATION
Financial health, per its FY2024 accounts
The accounts state that the Group made a loss of £12,764 for the year, with unrestricted net liabilities amounting to £1,106,808. The Trustees report that the charity relies on funding from loan and bondholders, noting that securing a new lease and further funding from Sport England has secured short to medium term funding. The accounts are prepared on a going concern basis, though the Trustees acknowledge the need to reduce financial indebtedness.
What the accounts disclose
“The net liabilities in the general fund amounted to £1,106,808.” — page 9
“The charity continues to rely on funding from loan and bondholders. The Trustees have considered this in light of the going concern basis and see the continuation of this funding as an important factor.” — page 20
“The total donations to the Assocation from Trustees in the year ended 31st December 2024 was £210 (2023: £1,187).” — page 29
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Michael John Arnsteinchair
- JOHN ORAM LLOYD
- Janet Michelle Howden
- Matthew John Guille
- Michael John Chapman
- Peter John Le Marinel
- Robert James Dowling
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.7m | £1.7m |
| 31/12/2023 | £1.7m | £1.8m |
| 31/12/2022 | £2.6m | £3.3m |
| 31/12/2021 | £2.0m | £2.1m |
| 31/12/2020 | £1.9m | £1.9m |
Common questions
Is THE NATIONAL SMALL-BORE RIFLE ASSOCIATION financially healthy?
The accounts state that the Group made a loss of £12,764 for the year, with unrestricted net liabilities amounting to £1,106,808. The Trustees report that the charity relies on funding from loan and bondholders, noting that securing a new lease and further funding from Sport England has secured short to medium term funding. The accounts are prepared on a going concern basis, though the Trustees acknowledge the need to reduce financial indebtedness. Its FY2024 accounts were audited by Rouse Audit LLP.