Folkestone Sports Centre Trust Limited

Analysis

Folkestone Sports Centre Trust Limited is a registered charity in England and Wales, based in Kent. It was registered in May 1973, 53 years ago. Its declared purposes cover amateur sport, which this site groups under amateur sport and recreation. Legally it is a charitable company (Companies House number 01092545). It says it provides human resources and provides buildings/facilities/open space.

In the financial year ending September 2022, Folkestone Sports Centre Trust Limited reported income of £904k and spending of £1.0m, spending 114% of what it took in. Across the 2 years on record, from March 2022 to September 2022, income fell from £1.5m to £904k (-41%), an average of -41% a year. The sharpest change came in the year to September 2022, when income dropped by 41%. Over the whole period it spent 121% of the income it received.

Among 12,174 England and Wales charities whose main cause is amateur sport and recreation and that reported income, Folkestone Sports Centre Trust Limited sits at the 98th percentile: it is larger than about 98% of them. Against every charity in England and Wales with reported income it ranks in the 93rd percentile. Charities of a similar size with the same main cause include Melton Learning Hub (£898k), London Youth Games Foundation (£904k) and The Access to Sports Project (£896k).

In its latest detailed accounts, income came from charitable activities 63%, donations and legacies 25% and trading 11%. Charitable activities took 88% of spending and raising funds 12%. Reserves of £740k would cover about 9 months of spending at that rate. It employed 108 people.

Data notes from the register: The register marks this charity as being in administration.