OVERTON RECREATION CENTRE
Registered charity 301912 · accounts filings on the Charity Commission register · also known as OVERTON RECREATION GROUND
Providers of facilities for sport and recreation in Overton and Ashe.ORC manages the grounds and buildings that are used by clubs and organizations.
Causes: General Charitable Purposes · Accommodation/housing · Amateur Sport · website · Get email alerts
Financial health, per its FY2024 accounts
The accounts state that unrestricted funds increased by £24,874 to a year-end cash balance of £24,037, while restricted funds remained stable at £75,000. The charity reports a healthy bank balance that allowed it to address unplanned maintenance, such as the Bridge Street Pavilion roof, without raising prices. The trustees note that the organization has an obligation to maintain a ring-fenced fund of £75,000 for stability and financial security.
Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.
What the accounts disclose
Reserves policy: £75,000 (held: £24k)
“as a charity we have an obligation to set aside a fund of money which is ring fenced - £75,000 – for stability and financial security.”
Per its FY2024 accounts as filed with the Charity Commission.
Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.
- Graham Devereuxchair
- DENNIS ALBERT ROWLES
- Peter Baker
- Steve Williams
Trustee list from the Charity Commission register (current, not historical).
Operates in: Hampshire
Income and spending
Common questions
Is OVERTON RECREATION CENTRE financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted funds increased by £24,874 to a year-end cash balance of £24,037, while restricted funds remained stable at £75,000. The charity reports a healthy bank balance that allowed it to address unplanned maintenance, such as the Bridge Street Pavilion roof, without raising prices. The trustees note that the organization has an obligation to maintain a ring-fenced fund of £75,000 for stability and financial security. Its FY2024 accounts were independently examined.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
Funders of similar charities
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Charities like this
Semantically similar by activities and financial character, from our analysed corpus. Compare with LONG ASHTON COMMUNITY ASSOCIATION.
Side by side with its peers
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