Capital Appeal 2026-2029
Avon Tyrrell
Experiential Learning & Sports Centre
A transformative new facility for young people, combining experiential learning with state-of-the-art sports provision in the heart of the New Forest.
£4.27M
Total Project Value
£2.17M
Capital Appeal Target
£2.0M
Mortgage Facility
Apr 2029
Project Completion
Explore Dashboard
Executive Summary
Project status as at 1 April 2026
Overall Status
AMBER
AMBER
Schedule
GREEN
GREEN
Budget
GREEN
GREEN
Risk
AMBER
AMBER
Resources
AMBER
AMBER
Capital Appeal Lead role vacant — recruitment in progress
£4.27M
Total Project Income Target
3-year cumulative across all streams
£393.7K
Secured to Date (Pre-Apr 26)
9.2% of target
14
Active Risks
1 High • 8 Medium • 5 Low
Apr 2029
Target Completion
8 key milestones tracked
Funding Sources Breakdown
Annual Budget Phasing (£)
Key Milestones
- FRACo Sign off RIBA Stage 3 & 4 Costs19 May 2026
- Board Loan Sign Off12 Nov 2026
- Achieve £1M Appeal31 May 2027
- Site Possession03 May 2027
- Weather Tight05 Nov 2027
- Contract Completion14 Feb 2028
- Withheld Payments Paid12 Feb 2029
- Project End06 Apr 2029
Top Risks — click for details
A3 - Economic Downturn / Funding Climate Shift
Residual Score: 16
HIGH
Residual Score: 16
A1 - Funding Shortfall
Residual Score: 6
MEDIUM
Residual Score: 6
B1 - Cost Inflation / Budget Overrun
Residual Score: 4
MEDIUM
Residual Score: 4
B7 - Extreme Weather Impact
Residual Score: 6
MEDIUM
Residual Score: 6
D1 - Revenue Underperformance
Residual Score: 4
MEDIUM
Residual Score: 4
Fundraising Pipeline — click any stream for details
Trusts & Foundations
£850K
Target — £750K in FY26/27
Corporate Partnerships
£250K
Target — £250K in FY26/27
Nigel Mansell Events
£424K
£24.2K secured pre-April
Supercar Driver Events
£180K
4 events planned FY26/27
Zach's Garage
£100K
2 events — Jul + Oct 2026
Restricted Fund Drawdown
£370K
£352K available (Nigel fund)
Budget Overview
Three-year capital appeal financial plan 2026–2029
£4.27M
Total Income (3-Year)
Click for breakdown
£4.48M
Total Expenditure (3-Year)
Click for breakdown
£3.39M
Build Costs (FY27/28)
Click for breakdown
£2.0M
Mortgage Facility
Click for breakdown
FY 2026/27
FY 2027/28
FY 2028/29
3-Year Summary
Income — FY 2026/27
| Source | Pre-Apr 2026 | FY 26/27 | Cumulative |
|---|---|---|---|
| Trusts & Foundations | — | £750,000 | £750,000 |
| Corporate Partnerships | — | £250,000 | £250,000 |
| Supercar Driver Events | — | £180,000 | £180,000 |
| Zach's Garage Fundraiser | — | £100,000 | £100,000 |
| Nigel Mansell Income | £24,200 | £400,000 | £424,200 |
| Income for Fundraising Costs | — | £100,000 | £100,000 |
| Restricted Fund Drawdown | £369,500 | — | £369,500 |
| Total Income | £393,700 | £1,780,000 | £2,173,700 |
Expenditure — FY 2026/27
| Category | Pre-Apr 2026 | FY 26/27 | Cumulative |
|---|---|---|---|
| Staff Travel | £130 | £6,000 | £6,130 |
| Consultants | — | £15,000 | £15,000 |
| Capital Appeal Events | — | £16,000 | £16,000 |
| Event Catering | — | £10,000 | £10,000 |
| Supercar Driver Events | — | £45,000 | £45,000 |
| Zach's Garage Events | — | £40,000 | £40,000 |
| Design & Marketing | — | £9,000 | £9,000 |
| Finance Arrangement Fees | — | £30,000 | £30,000 |
| Legal & Professional | £1,800 | £15,000 | £16,800 |
| Build De-Risk | £12,800 | — | £12,800 |
| Professional Fees (Design Team) | — | £139,830 | £139,830 |
| Salaries (Capital Appeal Lead) | — | £48,753 | £48,753 |
| Total Expenditure | £14,730 | £374,583 | £389,313 |
Quarterly Cost Phasing — FY 2026/27
Income — FY 2027/28
| Source | Brought Forward | FY 27/28 | Cumulative |
|---|---|---|---|
| Trusts & Foundations | £750,000 | £100,000 | £850,000 |
| Corporate Partnerships | £250,000 | — | £250,000 |
| Mortgage (£2M) | — | £2,000,000 | £2,000,000 |
| Total Income | £2,173,700 | £2,100,000 | £4,273,700 |
Expenditure — FY 2027/28
| Category | FY 27/28 | Cumulative |
|---|---|---|
| Build Costs | £3,391,541 | £3,391,541 |
| 10% Retention Held | (£339,154) | (£339,154) |
| Irrecoverable VAT | £610,477 | £610,477 |
| Staff Travel | £1,500 | £7,630 |
| Salaries (Appeal Lead — 3 months) | £16,251 | £65,004 |
| Total Expenditure | £3,680,615 | £3,894,475 |
Quarterly Cost Phasing — FY 2027/28
FY 2028/29 — Post-Build Completion & Retention Release
| Category | FY 28/29 | Cumulative |
|---|---|---|
| 10% Retention Repayment | £339,154 | £339,154 |
| Irrecoverable VAT | £67,831 | £678,308 |
| Total Expenditure | £406,985 | £4,301,460 |
| Net Position (Cumulative) | £3,397,215 | |
3-Year Income & Expenditure Summary
Risk Register
14 active risks across 4 strategic categories — click any risk for details
0
Very High Risk
1
High Risk
8
Medium Risk
5
Low Risk
Risk Heat Map (Residual)
Likelihood
5
10
15
20
25
4
8
12
16
20
3
6
9
12
15
2
4
6
8
10
1
2
3
4
5
1
2
3
4
5
Impact →
Project Milestones & Timeline
Key delivery dates for the Avon Tyrrell Capital Appeal
Project Timeline
May 2026
FRACo Sign off RIBA Stage 3 & 4 Costs
19 May 2026 — Critical design approval gate
19 May 2026 — Critical design approval gate
Nov 2026
Board Loan Sign Off
12 Nov 2026 — £2M mortgage facility approval
12 Nov 2026 — £2M mortgage facility approval
May 2027
Achieve £1M Capital Appeal
31 May 2027 — Critical fundraising milestone
31 May 2027 — Critical fundraising milestone
May 2027
Site Possession
03 May 2027 — Construction begins
03 May 2027 — Construction begins
Nov 2027
Weather Tight
05 Nov 2027 — Building envelope complete
05 Nov 2027 — Building envelope complete
Feb 2028
Contract Completion
14 Feb 2028 — Build contract fulfilled
14 Feb 2028 — Build contract fulfilled
Feb 2029
Withheld Payments Paid
12 Feb 2029 — 10% retention released
12 Feb 2029 — 10% retention released
Apr 2029
Project End
06 Apr 2029 — Full project closure
06 Apr 2029 — Full project closure
Professional Design Team (FY 2026/27)
£47,500
Architect
£29,850
M&E Design Engineer
£23,785
Structural Engineering
£17,645
Project Management
£10,100
Drainage Engineer
£4,500
Principal Designer (Building Regs)
£4,500
Principal Designer (CDM)
£5,950
Fire, Building Control, SBEM, Ecology, Surveys