BASINGSTOKE GYMNASTICS CLUB
Financial health, per its FY2023 accounts
The accounts state that the charity ended the year with a net surplus of £69,363, resulting in total funds of £2,802, a significant improvement from the prior year's deficit of £66,561. Per the trustees' report, the charity's reserves policy targets 3 months' average operating costs, but the current reserves of £2,802 do not meet this policy target. The auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.
What the accounts disclose
Structured financials (annual return, FY ending 31/08/2025)
Trustees
- Gregg Dennischair
- Benjamin Cummings
- Charlotte Barsby
- Jonathan Stuart Hunt
- Karen Jakes
- Sharon Anne Johnston
- Thomas Moore
- Vincent Bartlett
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £1.6m | £1.4m |
| 31/08/2024 | £1.4m | £1.3m |
| 31/08/2023 | £1.2m | £1.2m |
| 31/08/2022 | £978k | £1.1m |
| 31/08/2021 | £890k | £970k |
Common questions
Is BASINGSTOKE GYMNASTICS CLUB financially healthy?
The accounts state that the charity ended the year with a net surplus of £69,363, resulting in total funds of £2,802, a significant improvement from the prior year's deficit of £66,561. Per the trustees' report, the charity's reserves policy targets 3 months' average operating costs, but the current reserves of £2,802 do not meet this policy target. The auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2023 accounts were audited by Harris Lacey and Swain.