WATERSIDE GYMNASTICS 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.
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.”
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
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 |
|---|---|---|
| BLUESPARK FOUNDATION | 1 | — |
| THE ANTON JURGENS CHARITABLE TRUST | 1 | £6k |
| SKIPTON BUILDING SOCIETY CHARITABLE FOUNDATION | 1 | £2k |
| The Belstead Ganzoni Charitable Settlement | 1 | £2k |
Charities like this
- NORTH WALSHAM GYMNASTICS CLUB
- Sherwood Oaks Gymnastics Academy
- EASTON GYMNASTICS CLUB
- NEWPORT ACROBATIC GYMNASTIC CLUB
- HEATHROW SCHOOL OF GYMNASTICS & DANCE LTD
- WAVENEY GYMNASTICS CLUB
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 |
| NORTH WALSHAM GYMNASTICS CLUB | £258k | — | 0 | unclear | — | no doubt |
| Sherwood Oaks Gymnastics Academy | £245k | — | 0 | unclear | — | no doubt |
| EASTON GYMNASTICS CLUB | £387k | — | 0 | unclear | — | no doubt |
| NEWPORT ACROBATIC GYMNASTIC CLUB | £162k | — | 0 | unclear | — | no doubt |
| HEATHROW SCHOOL OF GYMNASTICS & DANCE LTD | £1.6m | up to £65,000 | 0 | unclear | — | no doubt |