HOMER HILL RECREATION GROUND TRUST
land only
Financial health, per its FY2025 accounts
The accounts state that the charity's total expenditure of £80,221 was fully covered by incoming resources of £80,221, resulting in a balanced year with no net movement in funds. The charity holds no free or unrestricted reserves, relying on council contributions to break even if lettings income is insufficient. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“It has also received income from Council support of £76,645.”
“The Charity does not hold reserves. If income received from lettings or other income relating to the premises is not sufficient to meet the costs of providing the service, the Council will make the required contribution to break even in the year.” — page 1
Trustees
- DUDLEY MBC
- Dudley Metropolitan Borough Council
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £80k | £80k |
| 31/03/2024 | £101k | £101k |
| 31/03/2023 | £94k | £94k |
| 31/03/2022 | £90k | £90k |
| 31/03/2021 | £88k | £88k |
Common questions
Is HOMER HILL RECREATION GROUND TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity's total expenditure of £80,221 was fully covered by incoming resources of £80,221, resulting in a balanced year with no net movement in funds. The charity holds no free or unrestricted reserves, relying on council contributions to break even if lettings income is insufficient. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.