Charity Accounts Intelreading the accounts so you don’t have to

YMCA GEORGE WILLIAMS COMPANY

Registered charity 1044624 · accounts filings on the Charity Commission register · also known as Y M C A GEORGE WILLIAMS COLLEGE · also registered in Scotland as SC042186 (OSCR)

Get email alerts for this charity

Latest income
£1.0m
Latest spending
£1.4m
Registered
1995
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity operated at a deficit of £389,291 for the year ended 31 March 2023, a result of investments in operating systems and the post-merger integration with the Centre for Youth Impact. The trustees expect a further deficit in the following year but believe the investment is justified to build a sustainable operating model. Free reserves amounted to £912,000, which the trustees consider sufficient to cover more than seven months of operational costs.

What the accounts disclose

Reserves policy: three months of continued operational costs (held: £912k)
“YMCA George Williams College continues to aim to operate a policy of maintaining reserves at a level to cover three months of continued operational costs.” — page 7
Per its FY2023 accounts as filed with the Charity Commission.

Accounts audited by Ward Goodman Audit Services Ltd. Discloses 5 of 6 completeness components.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£1.0m
Total spending
£1.4m
Cost of raising funds
£128
Reserves (reported)
£144k
Employees
15

Reported reserves equal ~1.3 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Register events

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/03/2025£1.0m£1.4m
31/03/2024£1.5m£1.9m
31/03/2023£1.1m£1.5m
31/03/2022£32k£72k
31/07/2021£249k£496k

Common questions

Is YMCA GEORGE WILLIAMS COMPANY financially healthy?

The accounts state that the charity operated at a deficit of £389,291 for the year ended 31 March 2023, a result of investments in operating systems and the post-merger integration with the Centre for Youth Impact. The trustees expect a further deficit in the following year but believe the investment is justified to build a sustainable operating model. Free reserves amounted to £912,000, which the trustees consider sufficient to cover more than seven months of operational costs. Its FY2023 accounts were audited by Ward Goodman Audit Services Ltd.