THE SPORTS COUNCIL TRUST COMPANY
Financial health, per its FY2025 accounts
The accounts state that the Charity reported a net expenditure of £1.0 million for the year, driven by a significant decrease in gifted assets compared to the previous year. The financial position is supported by the parent body, ESC, which funds operational deficits and provides assets, resulting in total unrestricted reserves of £2.6 million. The Trustees confirm that the Charity has adequate resources to continue as a going concern for at least the next 12 months.
What the accounts disclose
“We aim to maintain a level of unrestricted reserves equating to at least three months of expenditure.” — page 19
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Abu Nasir
- Geoff Wilson
- Lucy Scott
- Robert Hamblin
- Robert Wadsworth
- Robin Black
- Ross Gissane
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £3.4m | £4.4m |
| 31/03/2024 | £5.9m | £5.7m |
| 31/03/2023 | £2.9m | £4.6m |
| 31/03/2022 | £2.8m | £4.7m |
| 31/03/2021 | £2.8m | £4.5m |
Common questions
Is THE SPORTS COUNCIL TRUST COMPANY financially healthy?
The accounts state that the Charity reported a net expenditure of £1.0 million for the year, driven by a significant decrease in gifted assets compared to the previous year. The financial position is supported by the parent body, ESC, which funds operational deficits and provides assets, resulting in total unrestricted reserves of £2.6 million. The Trustees confirm that the Charity has adequate resources to continue as a going concern for at least the next 12 months. Its FY2025 accounts were audited by The Comptroller and Auditor General.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE ROGER DE HAAN CHARITABLE TRUST | 1 | £534k |
| THE CHARLES LEWIS FOUNDATION | 1 | £108k |
| THE FRANK JACKSON FOUNDATION | 1 | £90k |
| REARDON SMITH NAUTICAL TRUST | 1 | £81k |
| THE SIR JOHN RITBLAT FAMILY FOUNDATION | 1 | £50k |
| SIR ROBERT GEFFERY'S ALMSHOUSE TRUST | 1 | £24k |
| THE SYLVIA AND COLIN SHEPHERD CHARITABLE TRUST | 1 | £20k |
| THE CLARE MILNE TRUST | 1 | £10k |