East Herts Leisure Trust Failure

East Hertfordshire’s Leisure Services contract with Enfield Leisure Centres Ltd (Aspire Trust) had a major financial crisis in the first year of operation. Despite the Enfield Trust bid being based on an 8% increase in leisure income and a 10% cut in staffing costs, they were awarded the contract. This report shows that the attempt to save £975,000 the Council is now faced with additional estimated costs of £903,560 over five years based on the 2005/06 budget. The parent trust, Enfield Leisure Trust, went into liquidation in September 2006 and East Herts were forced to transfer leisure services to Stevenage Leisure Trust (Commissioned by East Hertfordshire UNISON, 2006).