WATERSIDE GYMNASTICS CLUB

Registered charity 1058407 · accounts filings on the Charity Commission register · also known as WATERSIDE GYM CLUB

Provide Gymnastics training to young people through to adults

Objects

TO ADVANCE THE EDUCATION OF YOUNG PERSONS UP TO THE AGE OF 18 BY ORGANISING OR PROVIDING OR ASSISTING IN THE ORGANISATION AND PROVISION OF A FACILITY WHICH WILL ENABLE SUCH PERSONS TO UNDERTAKE GYMNASTICS TO STANDARDS SET BY THE BRITISH AMATEUR GYMNASTICS ASSOCIATION (B.A.G.A.) OR ITS SUCCESSOR AND TO ASSIST IN ENSURING THAT DUE ATTENTION IS GIVEN TO THE PHYSICAL EDUCATION, DEVELOPMENT AND OCCUPATION OF THEIR MINDS WITH A VIEW TO FURTHERING THESE OBJECTS.

Area of benefit: NOT DEFINED

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Amateur Sport · website · Get email alerts

Latest income
£185k
Latest spending
£163k
Registered
1996
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that unrestricted reserves stood at £70,548, which exceeds the trustees' stated target of £40,000 held for equipment replacement and repairs. However, the trustees report a 'constant concern' regarding the club's ability to continue due to difficulties in recruiting qualified coaches and a lack of progression for new staff to take over sessions.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: none
“We updated our fee structure in January 2025 due to rising costs.”
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: £40,000 (held: £71k)
“We try to keep £40,000 in the bank to cover the above costs.”
Per its FY2025 accounts as filed with the Charity Commission.
Going concern: noted by the trustees or auditor
“This is a constant concern as we want to ensure the club can continue.”
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Trustees · trustee networks

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

Operates in: Hampshire · Southampton City

Income and spending

Financial year endIncomeSpending
31/08/2025£185k£163k
31/08/2024£124k£150k
31/08/2023£138k£147k
31/08/2022£145k£127k
31/08/2021£82k£74k

Common questions

Is WATERSIDE GYMNASTICS CLUB financially healthy?

Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £70,548, which exceeds the trustees' stated target of £40,000 held for equipment replacement and repairs. However, the trustees report a 'constant concern' regarding the club's ability to continue due to difficulties in recruiting qualified coaches and a lack of progression for new staff to take over sessions. Its FY2025 accounts were independently examined.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with NORTH WALSHAM GYMNASTICS CLUB.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
WATERSIDE GYMNASTICS CLUB£185k—0above—noted
NORTH WALSHAM GYMNASTICS CLUB FY2025£258k—0unclear—no doubt
Sherwood Oaks Gymnastics Academy FY2024£245k—0unclear—no doubt
EASTON GYMNASTICS CLUB FY2025£387k—0unclear—no doubt
NEWPORT ACROBATIC GYMNASTIC CLUB FY2025£162k—0unclear—no doubt
HEATHROW SCHOOL OF GYMNASTICS & DANCE LTD FY2025£1.6mup to £65,0000unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.