Real Tennis
Charitable Status
Fundamental Requirements
- Advancement of amateur sport
- Demonstrable public benefit
- Open to all, including appropriate annual subscription
- Not for profit – any surplus to repay debt or for reinvestment in the entity’s facilities
Costs and Benefits
- One-time legal expenses involved in converting to charitable status
- Ongoing filing requirements with Charity Commission
- Annual gift aid receivable on UK tax-paying members’ subscriptions (subject to restrictions on benefits) and donations
Type of charity structure
- Charitable Incorporated Organisation (CIO)
- Charitable Company
- Unincorporated Association
- Trust
Examples
Company limited by guarantee with charitable status
- T&RA
- Jesmond Dene RTC
- Petworth House TC
- The Hyde
Exempt charity status
Unincorporated association, registered as a club with the university
- Cambridge University RTC