YMCA Plymouth Ltd
Financial health, per its FY2023 accounts
The accounts state that the charity achieved a net income of £763,979 for the year ended 31 March 2023, driven by significant legacy income of £921,915. Per the trustees' report, unrestricted reserves were in surplus of £168,589, although the charity acknowledges a need for continued bank overdraft support to maintain liquidity. The trustees confirm the going concern basis is appropriate with no material uncertainties identified.
What the accounts disclose
Funders the charity credits
- Sport England
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Vic Hibbertchair
- ANNETTE MARIE STONE
- Arash Dinari
- David Tytherleigh
- Dean Anthony Bennett
- GRAEME CHARLES CATLING
- HELEN MARY HART
- Jeremy Robert Sleet
- John Barton Coates
- Rev Lawrence Braschi
- William John Bale
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £2.0m | £2.0m |
| 31/03/2024 | £1.6m | £1.7m |
| 31/03/2023 | £2.5m | £1.7m |
| 31/03/2022 | £1.6m | £1.6m |
| 31/03/2021 | £1.4m | £1.3m |
Common questions
Is YMCA Plymouth Ltd financially healthy?
The accounts state that the charity achieved a net income of £763,979 for the year ended 31 March 2023, driven by significant legacy income of £921,915. Per the trustees' report, unrestricted reserves were in surplus of £168,589, although the charity acknowledges a need for continued bank overdraft support to maintain liquidity. The trustees confirm the going concern basis is appropriate with no material uncertainties identified. Its FY2023 accounts were audited by Westcotts (SW) LLP.