RECREATION GROUND
Sport recreation
Objects
A RECREATION GROUND, FOR THE BENEFIT OF THE INHABITANTS OF THE PARISH OF LALEHAM.
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £44,762, while total net assets were £425,939, comprising significant restricted funds of £381,177. The trustees maintain a policy of keeping a balance of not less than £9,000 in the bank account to ensure liquidity, and the charity reports no debt. The financial position is described as having improved and consolidated throughout the year.
What the accounts disclose
“intends to maintain a balance of not less than £9,000 in the bank account.”
Policies the charity declares
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Paying staff
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Volunteer management
Trustees
- COLIN STUART SQUIRE
- David O'Malley
- Geoffrey Want
- Matthew Calvert
- Mavis Duncan
- Richard Stokes
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £102k | £93k |
| 31/12/2024 | £92k | £83k |
| 31/12/2023 | £93k | £83k |
| 31/12/2022 | £109k | £109k |
| 31/12/2021 | £75k | £74k |
Common questions
Is RECREATION GROUND financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves stood at £44,762, while total net assets were £425,939, comprising significant restricted funds of £381,177. The trustees maintain a policy of keeping a balance of not less than £9,000 in the bank account to ensure liquidity, and the charity reports no debt. The financial position is described as having improved and consolidated throughout the year. Its FY2024 accounts were independently examined.