WATERSIDE GYMNASTICS CLUB
Provide Gymnastics training to young people through to adults
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.
What the accounts disclose
“We updated our fee structure in January 2025 due to rising costs.”
“We try to keep £40,000 in the bank to cover the above costs.”
“This is a constant concern as we want to ensure the club can continue.”
Trustees
- Beth Bliss
- Kristie Read
- Lucinda Turner
- Makele Briant
- Marti Hayward
- Michelle Caulton
- Paul Markides
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE ANTON JURGENS CHARITABLE TRUST | 1 | £6k |
| SKIPTON BUILDING SOCIETY CHARITABLE FOUNDATION | 1 | £2k |
| The Belstead Ganzoni Charitable Settlement | 1 | £2k |
Charities like this
- HEATHROW SCHOOL OF GYMNASTICS & DANCE LTD
- WAVENEY GYMNASTICS CLUB
- SWALLOWS OF HELSTON GYMNASTICS CLUB
- WILTSHIRE SCHOOL OF GYMNASTICS
- PINEWOOD GYMNASTICS CLUB LIMITED
- SWINDON SCHOOL OF GYMNASTICS
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| WATERSIDE GYMNASTICS CLUB | £185k | — | 0 | above | — | noted |
| HEATHROW SCHOOL OF GYMNASTICS & DANCE LTD | £1.6m | £50,001 - £60,000 | 0 | above | — | no doubt |
| WAVENEY GYMNASTICS CLUB | £706k | — | 0 | unclear | — | noted |
| SWALLOWS OF HELSTON GYMNASTICS CLUB | £196k | — | 0 | above | — | no doubt |
| WILTSHIRE SCHOOL OF GYMNASTICS | £794k | — | — | unclear | — | no doubt |
| PINEWOOD GYMNASTICS CLUB LIMITED | £1.1m | — | 0 | above | — | no doubt |