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YMCA Dulverton Group

Registered charity 1076434 · accounts filings on the Charity Commission register · also known as BRIDGWATER YMCA, BRIDGWATER YOUNG MEN'S CHRISTIAN ASSOCIATION

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Latest income
£14.2m
Latest spending
£12.3m
Registered
1999
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity posted a surplus of £1,254,610 for the year ended 31 March 2025, resulting in net assets of £955,868 compared to net liabilities in the prior year. The trustees confirm that the organization has returned to covenant compliance with its lender and forecasts continued financial improvement, indicating a stable going concern status.

What the accounts disclose

Highest-paid employee band: £100,001 - £110,000 — below the median for charities its size (£125k)
“The highest paid member of key management personnel received £102,062 (2024: £90,531) remuneration (excluding pension contributions).” — page 36
Per its FY2025 accounts as filed with the Charity Commission.
Employees paid over £60,000: 3
“One employee received remuneration in the £100,000 to £110,000 band (2024: nil). No employees received remuneration in the £90,000 to £100,000 band (2024: one). Two other employees received remuneration over £60,000 (2024: One).” — page 37
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: £500,000 (held: £949k)
“The Association’s reserves policy states that it aims to ensure that it retains £500,000 of unrestricted reserves, with the board informed if this drops below £180,000. Reserves at the year-end were £949,182.” — page 12
Per its FY2025 accounts as filed with the Charity Commission.
Pension scheme deficit: £9.1m
“The valuation prepared as at 1 May 2023 showed that the YMCA Pension Plan had a deficit of £9.1 million.” — page 44
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: YMCASC Trading Limited
“Included within other investments is a 100% holding in the ordinary share capital of YMCASC Trading Limited (10952366), a company incorporated in England and Wales.” — page 40
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Corrigan Accountants Limited. Discloses 6 of 6 completeness components.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£14.2m
Total spending
£12.3m
Reserves (reported)
£956k
Employees
199

Reported reserves equal ~0.9 months of spending — in the bottom quarter for charities its size (median 4.6 months; benchmarks).

Trustees

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

Operates in: Bath And North East Somerset · Devon · North Somerset · Somerset

Income and spending

Financial year endIncomeSpending
31/03/2025£14.2m£12.3m
31/03/2024£11.4m£11.3m
31/03/2023£10.5m£11.0m
31/03/2022£10.5m£10.9m
31/03/2021£9.8m£9.8m

Common questions

Is YMCA Dulverton Group financially healthy?

The accounts state that the charity posted a surplus of £1,254,610 for the year ended 31 March 2025, resulting in net assets of £955,868 compared to net liabilities in the prior year. The trustees confirm that the organization has returned to covenant compliance with its lender and forecasts continued financial improvement, indicating a stable going concern status. Its FY2025 accounts were audited by Corrigan Accountants Limited.

What does the highest-paid employee of YMCA Dulverton Group earn?

Per its FY2025 accounts, the highest-paid employee was in the £100,001 - £110,000 band, and 3 employees earned over £60,000.

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The National Lottery Heritage Fund01/03/2006£25k"Making Waves"