Aspire Sports and Cultural Trust
Analysis
Aspire Sports and Cultural Trust is a registered charity in England and Wales, based in Tunbridge Wells. It was registered in September 2008, 18 years ago. Its declared purposes cover arts/culture/heritage/science and amateur sport, which this site groups under arts, culture, heritage and science. Legally it is a charitable company (Companies House number 06644292). It says it provides buildings/facilities/open space and provides services.
In the financial year ending March 2022, Aspire Sports and Cultural Trust reported income of £2.1m and spending of £2.5m, spending 118% of what it took in. Across the 2 years on record, from March 2021 to March 2022, income grew from £1.2m to £2.1m (+78%), an average of +78% a year. The sharpest change came in the year to March 2022, when income rose by 78%. Over the whole period it spent 122% of the income it received.
Among 17,634 England and Wales charities whose main cause is arts, culture, heritage and science and that reported income, Aspire Sports and Cultural Trust sits at the 97th percentile: it is larger than about 97% of them. Against every charity in England and Wales with reported income it ranks in the 96th percentile. Charities of a similar size with the same main cause include Nottingham Contemporary (£2.1m), CLWB Ifor Bach (£2.1m) and The Contemporary Art Society (£2.1m).
In its latest detailed accounts, income came from charitable activities 88% and trading 8.5%. Charitable activities took 100% of spending and raising funds 0.3%. It employed 50 people.
Data notes from the register: The register marks this charity as insolvent.
Income and spending
Where the income comes from
- Charitable activities 88%
- Trading 8.5%
- Other 3.9%
In the charity's own words
To provide or assist in the provision of facilities and services for recreational, sporting or other leisure pursuits in the interests of social welfare. To develop and support education, culture, arts, heritage and history and other related services, promoting community participation in healthy recreation. To promote the benefits of active lifestyle and physical activity targetting young people.
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Nottingham Contemporary | Nottingham | £2.1m |
| CLWB Ifor Bach | Cardiff | £2.1m |
| The Contemporary Art Society | London | £2.1m |
| Burnham Beeches and Stoke Common | London | £2.1m |