STEVENS PARK AND RECREATION GROUND
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £162,781 at the end of the financial year, supported by total net assets of £948,196. The charity reports no material uncertainties regarding its ability to continue as a going concern. However, the trustees note a significant future commitment to contribute up to £90,000 towards the restoration of collapsed walls, funded by prudential borrowing.
What the accounts disclose
“The Trustees agreed a policy setting out the level of reserves needed to meet the objectives of the Charity. This policy was to maintain the “real” spending power of the bequest i.e. the permanent funds, as a fundamental part of the investment strategy.”
Trustees
- DUDLEY M B C
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £247k | £234k |
| 31/03/2024 | £283k | £271k |
| 31/03/2023 | £262k | £259k |
| 31/03/2022 | £268k | £241k |
| 31/03/2021 | £271k | £265k |
Common questions
Is STEVENS PARK AND RECREATION GROUND financially healthy?
The accounts state that unrestricted reserves stood at £162,781 at the end of the financial year, supported by total net assets of £948,196. The charity reports no material uncertainties regarding its ability to continue as a going concern. However, the trustees note a significant future commitment to contribute up to £90,000 towards the restoration of collapsed walls, funded by prudential borrowing. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| RONTADES LIMITED | 1 | £300k |