SOUTH MANCHESTER GYMNASTICS CENTRE
THE CENTRE IS LOCATED IN SOUTH MANCHESTER AND ITS AIM IS TO PROVIDE FACILITIES AND OPPORTUNITIES FOR SAFE PARTICIPATION IN GYMNASTIC ACTIVITIES FOR A VARIETY OF GROUPS.
Financial health, per its FY2025 accounts
The accounts state that the charity incurred a net expenditure of £52,671 for the year, resulting in a decrease in unrestricted funds from £242,680 to £190,009. The trustees maintain that unrestricted reserves are held at a level equivalent to between three and six months of expenditure, a policy they consider maintained throughout the year. The independent examiner confirmed that no matters came to their attention giving cause to believe the financial statements were materially misstated.
What the accounts disclose
“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure.” — page 5
“Mark and Katie Langley are employed by the Charity and related to Susan Langley, a Trustee of the Charity. Both have been employed by the Charity for over 10 years and prior to Susan Langley being appointed as a Trustee. Their rate of pay is not influenced by Susan Lanley’s role as a Trustee.” — page 20
Property (HM Land Registry)
Trustees
- JOHN VINCENT PARKER
- Joan Lesley Ward
- John McCoubrey
- Lucy Worsley
- Susan Ruth Langley
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £340k | £392k |
| 31/08/2024 | £323k | £354k |
| 31/08/2023 | £320k | £341k |
| 31/08/2022 | £277k | £270k |
| 31/08/2021 | £276k | £220k |
Common questions
Is SOUTH MANCHESTER GYMNASTICS CENTRE financially healthy?
Per its FY2025 accounts: The accounts state that the charity incurred a net expenditure of £52,671 for the year, resulting in a decrease in unrestricted funds from £242,680 to £190,009. The trustees maintain that unrestricted reserves are held at a level equivalent to between three and six months of expenditure, a policy they consider maintained throughout the year. The independent examiner confirmed that no matters came to their attention giving cause to believe the financial statements were materially misstated. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| PARKLAKE CHARITY TRUST | 1 | £2k |
Charities like this
- MANCHESTER ACADEMY OF COMMUNITY GYMNASTICS LTD
- SOUTH ESSEX GYMNASTICS CLUB LIMITED
- SOUTH MANCHESTER SPORTS CLUB LIMITED
- CITY OF NEWCASTLE GYMNASTICS ACADEMY LIMITED
- GREATER MANCHESTER COMMUNITY BASKETBALL AND SPORTS ASSOCIATION LIMITED
- YORK CITY GYMNASTICS FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| SOUTH MANCHESTER GYMNASTICS CENTRE | £340k | — | 0 | above | — | no doubt |
| MANCHESTER ACADEMY OF COMMUNITY GYMNASTICS LTD | £1.0m | — | 0 | unclear | — | no doubt |
| SOUTH ESSEX GYMNASTICS CLUB LIMITED | £2.0m | — | — | above | — | no doubt |
| SOUTH MANCHESTER SPORTS CLUB LIMITED | £113k | — | 0 | within | — | no doubt |
| CITY OF NEWCASTLE GYMNASTICS ACADEMY LIMITED | £999k | — | 0 | unclear | — | no doubt |
| GREATER MANCHESTER COMMUNITY BASKETBALL AND SPORTS ASSOCIATION LIMITED | £316k | — | 0 | above | — | no doubt |