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FITZ PARK

Registered charity 520327 · accounts filings on the Charity Commission register · also known as FITZ RECREATION GROUND

The Trust was formed in 1882 covering 28 acres of park land in central Keswick, Cumbria adjoining the river Greta. A new scheme was drawn in 1995 and management of the Parks is now the responsibility of Keswick Town Council as sole trustee.

Causes: Amateur Sport · Environment/conservation/heritage · Recreation · website · Get email alerts

Latest income
£403k
Latest spending
£272k
Registered
1964
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net incoming resource of £209,626 for the year ended 31 March 2025, resulting in total net assets of £830,821. Per the trustees' report, unrestricted revenue reserves are £10,336, which is below the stated policy target of approximately £55,000, though the trustees note this is mitigated by a grant from Keswick Town Council covering running cost deficits. The charity holds significant fixed assets valued at £676,802 and maintains designated funds for future development and sinking purposes.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy (held: £10k; policy: three months of the previous year's running costs)
“The Trust has unrestricted revenue reserves of £10,336. Ideally the level of reserves would represent 3 months of the previous year's running costs which is in the region of £55,000.” — page 6
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Keswick Town Council is the sole Trustee and provides a grant/recharges costs.
“Keswick Town Council was conveyed the Park on trust for the people of Keswick. It is therefore a given that once democratically elected as a Town Councillor, the duty of Trustee forms part of that role.” — page 4
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Public fundraising profile: JustGiving — Fitz Park Trust (matched by registered charity number).

Public profiles (found on the charity’s own website): facebook

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Cumbria

Income and spending

Financial year endIncomeSpending
31/03/2025£403k£272k
31/03/2024£279k£316k
31/03/2023£258k£215k
31/03/2022£231k£207k
31/03/2021£187k£178k

Common questions

Is FITZ PARK financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a net incoming resource of £209,626 for the year ended 31 March 2025, resulting in total net assets of £830,821. Per the trustees' report, unrestricted revenue reserves are £10,336, which is below the stated policy target of approximately £55,000, though the trustees note this is mitigated by a grant from Keswick Town Council covering running cost deficits. The charity holds significant fixed assets valued at £676,802 and maintains designated funds for future development and sinking purposes. Its FY2025 accounts were independently examined.

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The National Lottery Community Fund29/06/2026£19kI Can Play Here
The National Lottery Heritage Fund12/01/2006£50k"Wivell Bridge Reinstatement"