West Wight Sports and Community Centre Trust Ltd
Financial health, per its FY2025 accounts
The accounts state that the charity generated a modest operating surplus with total income of £1,259,612 against total expenditure of £1,155,796. The trustees report that reserves have improved to cover approximately six months of operating costs, though they aim to increase this to nine months. The auditors confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“Reserves held at the year end have improved and are back up to a level where they cover approximately six months operating costs for the centre. The trustees feel it is prudent to aim to increase reserves to cover approximately nine months operating expenditure.” — page 5
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Alan Dowie
- Ann Freeman
- Chloe Searl
- DAVID HANCOCK
- HAMISH WILSON
- Lesley McMahon-Hathway
- Richard Barton-Wood
- Robert George Ryan
- Robert Sandford
- Sarah Jane Galvin
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.3m | £1.2m |
| 31/03/2024 | £1.3m | £1.1m |
| 31/03/2023 | £960k | £974k |
| 31/03/2022 | £974k | £859k |
| 31/03/2021 | £793k | £740k |
Common questions
Is West Wight Sports and Community Centre Trust Ltd financially healthy?
The accounts state that the charity generated a modest operating surplus with total income of £1,259,612 against total expenditure of £1,155,796. The trustees report that reserves have improved to cover approximately six months of operating costs, though they aim to increase this to nine months. The auditors confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by MC Audit Limited.