FOAKES FOR RECREATION GROUND
Provisional of recreational facilities. Upkeep and conservation of open spaces for the benefit of the local community
Objects
A RECREATION GROUND
Financial health, per its FY2025 accounts
The accounts state that the charity's reserves are critically low at £8,221.59, which the examiner notes would be unsustainable without continued financial support from the Town Council. The charity relies on the Town Council to meet a significant annual deficit, indicating a dependency on external funding for future operations.
What the accounts disclose
“The Reserves balance at the year-end 31 March 2025 amounted to £8,221.59 and reflected the increase of £29.89 from the balance of £8,191.70 at the end of the 2023/24 year of account).” — page 5
“Without the Town Council meeting the deficit each year the future of the Charity would clearly be unsustainable bearing in mind the current level of reserves retained. Without the Town Council’s financial support there would not be sufficient reserves and contingency sums being maintained to meet the future spending demands or possibly any unforeseen items of expense that may occur.”
“The accounting Deficit of £155,055.37 in the year 2024/25 has been met by the Town Council as a contribution (financial assistance) to the Charity Trust.” — page 5
“At the time of this Report, the Accounts and the TAR for the previous year ended 31 March 2024 have yet to be submitted to the Commission (and are overdue by 349 days).” — page 4
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Paying staff
- Risk management
- Serious incident reporting policy and procedures
- Social media policy and procedures
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £190k | £190k |
| 31/03/2024 | £127k | £127k |
| 31/03/2023 | £121k | £121k |
| 31/03/2022 | £83k | £83k |
| 31/03/2021 | £96k | £96k |
Common questions
Is FOAKES FOR RECREATION GROUND financially healthy?
Per its FY2025 accounts: The accounts state that the charity's reserves are critically low at £8,221.59, which the examiner notes would be unsustainable without continued financial support from the Town Council. The charity relies on the Town Council to meet a significant annual deficit, indicating a dependency on external funding for future operations. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE HUDSON FOUNDATION | 1 | £1k |
Charities like this
- FOLKESTONE PARKS AND PLEASURE GROUNDS CHARITY
- THE BUCKDEN RECREATION GROUND AND VILLAGE HALL TRUST
- WILLIAM WALTER HINDE FOR OPEN SPACE
- ASHBOURNE RECREATION GROUND SPORTS AND COMMUNITY PARTNERSHIP
- KING GEORGE'S FIELD
- BEECH VILLAGE HALL AND RECREATION GROUND
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| FOAKES FOR RECREATION GROUND | £190k | — | 0 | below | — | noted |
| FOLKESTONE PARKS AND PLEASURE GROUNDS CHARITY | £1.3m | — | 0 | unclear | — | no doubt |
| THE BUCKDEN RECREATION GROUND AND VILLAGE HALL TRUST | £257k | — | 0 | unclear | — | no doubt |
| WILLIAM WALTER HINDE FOR OPEN SPACE | £154k | — | 0 | below | — | no doubt |
| ASHBOURNE RECREATION GROUND SPORTS AND COMMUNITY PARTNERSHIP | £449k | — | 0 | unclear | — | no doubt |
| KING GEORGE'S FIELD | £288k | Under £50,000 | 0 | unclear | — | no doubt |