WALTON COMMUNITY CENTRE AND RECREATION GROUND
The charity aim is to work with the community to provide, grounds and facilities for recreation and sports activities, encompassing all age groups.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net outgoing resource of £21,662 for the year ended 31 March 2025, primarily due to extensive toilet refurbishments. Despite this deficit, the trustees confirm adequate reserves exist to continue operations for the foreseeable future, with unrestricted funds totaling £328,973. The charity faces risks related to the continued success of its connected trading company, Walton Club Limited, which provides significant funding.
What the accounts disclose
“It is the policy of the trustees to maintain unrestricted funds which are the free reserves of the charity, at a level to provide sufficient funds to cover anticipated administration and support costs for a period of 12 months.” — page 5
“the connected trading company, Walton Club Limited, pays an annual Occupational Licence Fee to the charity in addition to gift-aiding its taxable profits to the Charity for charitable usage.”
Trustees
- NEIL ROBINSONchair
- ANTHONY DUDLEY
- DARRAN MCGUIRE
- JOHN ROBINSON
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £30k | £52k |
| 31/03/2024 | £43k | £22k |
| 31/03/2023 | £42k | £35k |
| 31/03/2022 | £42k | £18k |
| 31/03/2021 | £36k | £14k |
Common questions
Is WALTON COMMUNITY CENTRE AND RECREATION GROUND financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net outgoing resource of £21,662 for the year ended 31 March 2025, primarily due to extensive toilet refurbishments. Despite this deficit, the trustees confirm adequate reserves exist to continue operations for the foreseeable future, with unrestricted funds totaling £328,973. The charity faces risks related to the continued success of its connected trading company, Walton Club Limited, which provides significant funding. Its FY2025 accounts were independently examined.