LYDNEY RECREATION TRUST
The provision and maintenance of playing fields, and other recreational premises providing public benefit through healthful and enjoyable recreational activities.
Objects
PROVISION AND MAINTENANCE OF PLAYING FIELDS AND OTHER RECREATIONAL PREMISES FOR THE HEALTHFUL RECREATION OF THE PUBLIC.
Financial health, per its FY2025 accounts
The accounts state that unrestricted funds totalled £399,179 at the year end, an increase from £329,346 the previous year. The trustees report that the charity has adequate reserves to finance its activities for the immediate future and that no funds are in deficit. The charity generated a net income surplus of £69,833 during the year.
What the accounts disclose
“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level sufficient to ensure that, in the event of a significant drop in funding, the charity's current activities can be continued while consideration is given to ways in which additional funds may be raised.” — page 4
“Income for the year ended 31 March 2025 includes £77,296 (2024-£46,269) grant income from Lydney Town Council.” — page 15
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £173k | £103k |
| 31/03/2024 | £129k | £122k |
| 31/03/2023 | £84k | £102k |
| 31/03/2022 | £46k | £60k |
| 31/03/2021 | £51k | £57k |
Common questions
Is LYDNEY RECREATION TRUST financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted funds totalled £399,179 at the year end, an increase from £329,346 the previous year. The trustees report that the charity has adequate reserves to finance its activities for the immediate future and that no funds are in deficit. The charity generated a net income surplus of £69,833 during the year. Its FY2025 accounts were independently examined.