WATTON SPORTS AND RECREATIONAL CENTRE
To provide Sports, Leisure and Social Interaction facilities for the people of Watton and surrounding areas.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £21,342 for the year ended 31 March 2025, resulting in net current liabilities within unrestricted funds of £68,562. The trustees consider the year-end position satisfactory and intend to rebuild reserves to meet future maintenance costs, noting a target reserves figure of £300,000.
What the accounts disclose
“The Charity has a target reserves figure of £300,000 as a sink fund” — page 5
“In November 2023 the Charity's trustees accepted an interest free loan from P McCarthy, a trustee of the Charity, of £10,000. The outstanding balance as at 31 March 2025 was £10,000.” — page 18
Trustees
- Philip Bernard Kiblerchair
- Christian Hayward
- Grace Luxton
- Graham Dudley Watson
- Jemma Jackson
- Sandra Dingle
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £132k | £153k |
| 31/03/2024 | £128k | £152k |
| 31/03/2023 | £270k | £229k |
| 31/03/2022 | £103k | £108k |
| 31/03/2021 | £143k | £85k |
Common questions
Is WATTON SPORTS AND RECREATIONAL CENTRE financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net deficit of £21,342 for the year ended 31 March 2025, resulting in net current liabilities within unrestricted funds of £68,562. The trustees consider the year-end position satisfactory and intend to rebuild reserves to meet future maintenance costs, noting a target reserves figure of £300,000. Its FY2025 accounts were independently examined.
Charities like this
- WOTTON COMMUNITY SPORTS FOUNDATION
- West Wight Sports and Community Centre Trust Ltd
- NUNEATON & BEDWORTH LEISURE TRUST
- WOLVERTON LEISURE TRUST
- BARTON ACORN YOUTH, COMMUNITY AND SPORTS CENTRE
- WOTTON ARTS PROJECT
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| WATTON SPORTS AND RECREATIONAL CENTRE | £132k | — | 0 | unclear | — | no doubt |
| WOTTON COMMUNITY SPORTS FOUNDATION | £229k | — | 0 | unclear | — | noted |
| West Wight Sports and Community Centre Trust Ltd | £1.3m | — | 0 | below | — | no doubt |
| NUNEATON & BEDWORTH LEISURE TRUST | £2.7m | — | 0 | above | — | no doubt |
| WOLVERTON LEISURE TRUST | £2.1m | — | 0 | above | — | no doubt |
| BARTON ACORN YOUTH, COMMUNITY AND SPORTS CENTRE | £161k | — | 0 | unclear | — | no doubt |