LINDUM SPORTS ASSOCIATION LIMITED
Provision of sporting activities for all members of the public in and around the area of Lincoln
Objects
TO PROVIDE OR ASSIST IN PROVIDING FACILITIES FOR RECREATION OR OTHER LEISURE-TIME OCCUPATION IN OR IN CONNECTION WITH THE CITY OF LINCOLN. THE ACTIVITIES TO BE UNDERTAKEN SHALL BE SUCH AS WILL FURTHER THE SOCIAL WELFARE OF THE COMMUNITIES LIVING IN THE CITY OF LINCOLN AND ELSEWHERE IN THE COUNTY OF LINCOLN BY IMPROVING THE CONDITIONS OF LIFE FOR THOSE COMMUNITIES.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a small surplus of £1,104 for the year ended 31 March 2025, with total funds increasing to £945,730. The trustees confirm the charity is a going concern with adequate resources to continue operations. The organization operates on a sound financial footing, maintaining unrestricted reserves of £650,793 against a stated policy target of £30,000.
What the accounts disclose
“The further aim of the Board is to build up a fund of £30,000 being about six months costs (less sinking funds and dedicated funds) as a reserve.” — page 6
“A Trustee made a loan to the charitable company of £30,000. During the previous years £10,000 was repaid leaving a balance of £20,000. The loan is unsecured and carries interest at 3% per annum which has been waived by the Trustee as a donation to the charity.” — page 23
Policies the charity declares
- 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
- Investment
- Paying staff
- 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
- Volunteer management
Property (HM Land Registry)
Trustees
- Edward Wells-Colechair
- Anthony Frank Perrin
- Anthony John Martin Maltby
- Benjamin Melvyn Smith
- Charles Phillip Hoskins
- Daniel Edward Taylor
- Jeremy Philip Newlove
- Julia Marshall
- RICHARD JOHN BAMFORD
- Tom Eves
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £285k | £283k |
| 31/03/2024 | £318k | £289k |
| 31/03/2023 | £242k | £248k |
| 31/03/2022 | £222k | £220k |
| 31/03/2021 | £146k | £150k |
Common questions
Is LINDUM SPORTS ASSOCIATION LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a small surplus of £1,104 for the year ended 31 March 2025, with total funds increasing to £945,730. The trustees confirm the charity is a going concern with adequate resources to continue operations. The organization operates on a sound financial footing, maintaining unrestricted reserves of £650,793 against a stated policy target of £30,000. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Sport England | 25/04/2019 | £38k | New roof for indoor activity area |
| Sport England | 31/05/2013 | £236k | New AGP |