CIRCADIAN TRUST

Charity number: 1111467
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

Provision of sport, recreational and leisure facilities. Promotion and protection of good health.

Income and expenditure

Data for financial year ending 31 March 2024

Total income:
£12,953,185

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Donations and legacies £0
Charitable activities £11.89m
Other trading activities £955.60k
Investments £108.73k
Other £0

Total expenditure:
£12,500,187

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Raising funds £0
Charitable activities £11.93m
Other £571.22k

£0 investments gains (losses)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

Text alternative for this canvas graphic is in the data table below.
Raising funds and other expenditure £571.22k
Charitable expenditure £11.93m
Retained for future use £453.00k

People

211 Employee(s)

18 Trustee(s)

15 Volunteer(s)

Employees with total benefits over £60,000

Number of employees
£60k to £70k 2
£90k to £100k 1

Fundraising

No information available

Trading

One or more trustees are also directors of the subsidiaries

Trustee payments

One or more trustees receive payments or benefits from the charity.

What, who, how, where

What the charity does:
  • Amateur Sport
Who the charity helps:
  • The General Public/mankind
How the charity helps:
  • Provides Buildings/facilities/open Space
  • Provides Services
Where the charity operates:
  • South Gloucestershire

Governance

Registration history:
  • 27 September 2005: Standard registration
Organisation type:
Charitable company
Other names:
  • SOUTH GLOUCESTERSHIRE LEISURE (Previous name)
Company number:
05384234 Open in new window
Gift aid:
Not recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Bullying and harassment policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Investing charity funds policy and procedures
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Serious incident reporting policy and procedures
  • Social media policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
  • Volunteer management
Land and property:
This charity owns and/or leases land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

18 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Mark Crutchley Trustee 04 September 2025
None on record
Susan Anne Covello Trustee 04 September 2025
None on record
Laurence Anthony Shah Trustee 04 September 2025
None on record
Franklin Owusu-Antwi Trustee 04 September 2025
None on record
Alexander Joseph Nicholas George Doyle Trustee 31 May 2024
None on record
Lawrence Wortman Trustee 09 November 2023
None on record
Julie Kay Lambden Trustee 08 November 2023
None on record
Robert John Seaman Trustee 19 September 2023
None on record
Amy Jane Coppock Trustee 19 September 2023
None on record
Simon David Johnson Trustee 10 August 2023
None on record
James Iles Trustee 11 November 2021
None on record
Andrew Parks Trustee 11 November 2021
None on record
Christopher Clarke Trustee 11 November 2021
None on record
Nalin Parmar Trustee 07 September 2021
None on record
Stacey Mead Trustee 07 September 2021
None on record
Abdulhamid Junior Sheikh Trustee 18 February 2020
None on record
Peter Tuodolo Trustee 07 February 2017
None on record
Neil McKen Trustee 07 February 2017
None on record

Financial history

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Financial period end date

Income / Expenditure 31/03/2020 31/03/2021 31/03/2022 31/03/2023 31/03/2024
Total gross income £12.86m £5.74m £10.15m £12.00m £12.95m
Total expenditure £12.66m £8.15m £10.44m £11.94m £12.50m
Income from government contracts £9.60k £5.92k N/A N/A N/A
Income from government grants £6.30k £121.07k £294.91k N/A N/A
Income - Donations and legacies £0 £3.40m £298.44k £0 £0
Income - Other trading activities £1.46m £141.12k £840.18k £1.14m £955.60k
Income - Charitable activities £11.40m £2.20m £9.01m £10.84m £11.89m
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £9.30k £190 £16 £13.32k £108.73k
Income - Other £0 £0 £0 £0 £0
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £12.07m £8.06m £10.44m £11.94m £11.93m
Expenditure - Raising funds £0 £0 £0 £0 £0
Expenditure - Governance £144.60k £138.00k £161.00k £169.00k £17.00k
Expenditure - Grants institution £0 £0 £0 £0 £0
Expenditure - Investment management £0 £0 £0 £0 £0
Expenditure - Other £590.87k £87.77k £0 £0 £571.22k

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 31/03/2020 31/03/2021 31/03/2022 31/03/2023 31/03/2024
Own use assets £2.60m £2.06m £1.79m £1.70m £1.80m
Long-term investments £0 £0 £0 £0 £0
Other assets £3.45m £2.24m £2.81m £3.67m £4.32m
Defined benefit pension scheme asset or liability -£6.21m -£7.51m -£6.24m -£489.00k £0
Total liabilities £1.93m £2.41m £2.72m £3.17m £3.48m

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 March 2024 12 December 2024 On time
Accounts and TAR 31 March 2024 12 December 2024 On time Download Open in new window
Annual return 31 March 2023 11 January 2024 On time
Accounts and TAR 31 March 2023 11 January 2024 On time Download Open in new window
Annual return 31 March 2022 04 January 2023 On time
Accounts and TAR 31 March 2022 04 January 2023 On time Download Open in new window
Annual return 31 March 2021 31 January 2022 On time
Accounts and TAR 31 March 2021 31 January 2022 On time Download Open in new window
Annual return 31 March 2020 25 January 2021 On time
Accounts and TAR 31 March 2020 25 January 2021 On time Download Open in new window
Submit annual return Open in new window

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

MEMORANDUM AND ARTICLES INCORPORATED 07/03/2005 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 19/09/2005 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 22/11/2005 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 17/09/2013

Charitable objects

TO UNDERTAKE AND PROMOTE FOR THE BENEFIT OF THE GENERAL PUBLIC AND IN PARTICULAR BUT WITHOUT LIMITATION THE PEOPLE WHO LIVE WORK OR STUDY IN OR VISIT SOUTH GLOUCESTERSHIRE AND ITS ENVIRONS: 1. THE PROVISION OF FACILITIES FOR SPORT, RECREATION OR OTHER PHYSICAL ACTIVITY OR OTHER LEISURE TIME OCCUPATION OF INDIVIDUALS WHO HAVE NEED OF SUCH FACILITIES AND SERVICES BY REASON OF THEIR YOUTH, AGE, INFIRMITY OR DISABLEMENT, FINANCIAL HARDSHIP OR SOCIAL AND ECONOMIC CIRCUMSTANCES OR FOR THE PUBLIC AT LARGE IN THE INTERESTS OF SOCIAL WELFARE AND WITH THE OBJECT OF IMPROVING THEIR CONDITION OF LIFE AND TO ADVANCE THEIR EDUCATION IN LEISURE AND HEALTH ACTIVITIES; 2. THE PROMOTION AND PROTECTION OF GOOD HEALTH THROUGH COMMUNITY PARTICIPATION IN HEALTHY RECREATION; 3. THE MAINTENANCE, IMPROVEMENT OR PROVISION OF PUBLIC AMENITIES AND THE PROVISION OF SCHEMES TO ASSIST AND ENCOURAGE THE USE OF SUCH AMENITIES BY MEMBERS OF THE PUBLIC; 4. THE ADVANCEMENT OF EDUCATION AND TRAINING IN LEISURE AND SPORT RELATED SUBJECTS; 5. SUCH OTHER CHARITABLE PURPOSES FOR THE BENEFIT OF THE COMMUNITY CONSISTENT WITH THE OBJECTS ABOVE AS THE TRUSTEES SHALL DETERMINE.

Area of benefit

The area the charity can operate in, as set out in its governing document.

SOUTH GLOUCESTERSHIRE AND ITS ENVIRONS

Contact information

Address:
Circadian Trust Head Office c/o
Bradley Stoke Leisure Centre
Fiddlers Wood Lane
Bradley Stoke
Bristol
BS32 9BS
Phone:
01454 279927
Email:
headoffice@circadiantrust.org
Website:

www.circadiantrust.org Open in new window