COVENTRY SPORTS FOUNDATION

Registered charity 700409 · accounts filings on the Charity Commission register · also known as CENTRE AT7 TRUST LIMITED, COVENTRY AND WARWICKSHIRE AWARD TRUST SPORTS CENTRE LIMITED

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Latest income
£12.2m
Latest spending
£11.2m
Registered
1988
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity reported a net income of £114,869 for the year ended 31 March 2023, driven by a surplus on activities of £271,225 offset by a loss on the revaluation of investments. The charity holds unrestricted reserves of £2,355,223, which the trustees note is below their target of approximately £3.0 million (9 months' payroll), but considers sufficient to meet objectives and continue as a going concern.

What the accounts disclose

Accounts audited by Dafferns LLP. Discloses 3 of 6 completeness components.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£12.3m
Total spending
£11.2m
Cost of raising funds
£16k
Reserves (reported)
£3.0m
Employees
526

Reported reserves equal ~3.2 months of spending — below the median for charities its size (median 4.6 months; benchmarks).

Trustees

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

Operates in: Coventry City · Warwickshire

Income and spending

Financial year endIncomeSpending
31/03/2025£12.2m£11.2m
31/03/2024£11.3m£10.7m
31/03/2023£10.1m£9.8m
31/03/2022£8.5m£7.9m
31/03/2021£5.1m£5.2m

Common questions

Is COVENTRY SPORTS FOUNDATION financially healthy?

The accounts state that the charity reported a net income of £114,869 for the year ended 31 March 2023, driven by a surplus on activities of £271,225 offset by a loss on the revaluation of investments. The charity holds unrestricted reserves of £2,355,223, which the trustees note is below their target of approximately £3.0 million (9 months' payroll), but considers sufficient to meet objectives and continue as a going concern. Its FY2023 accounts were audited by Dafferns LLP.