MILTON KEYNES GYMNASTIC LIMITED
Provision of Gymnastic Facilities
Objects
TO PROVIDE IN THE INTERESTS OF SOCIAL WELFARE FACILITIES FOR RECREATION TO MEMBERS OF THE PUBLIC AT LARGE WITH THE OBJECT OF IMPROVING THE CONDITIONS OF LIFE FOR THE PERSONS FOR WHOM THE FACILITIES ARE PRIMARILY INTENDED.
Financial health, per its FY2025 accounts
The accounts state that the charity faces a challenging financial environment with increasing costs for rent, energy, and staff, while the new building project remains on hold. Despite these pressures, unrestricted reserves increased to £555,202, and the charity continues to subsidize vulnerable children and elite gymnastics, though trustees warn that future support may need to be cut back or fees raised significantly.
What the accounts disclose
“The Charity continues to face some tough times over the next few years and because the building has almost reached capacity the scope for further growth is limited. It is probable that the support for poorer children and special needs etc will need to be cut back, and large rises in fees will have to be passed on to parents to meet the increasing expenditure.” — page 5
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity 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
- Investing charity funds 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
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- GARRY WINDERchair
- DEBORAH WINDER BA
- Julie Ann Doyle
- Mark Johnston
- Michael French
- Paula Marie Davies
- Sean Francis McDermott
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £878k | £866k |
| 31/03/2024 | £811k | £800k |
| 31/03/2023 | £733k | £725k |
| 31/03/2022 | £577k | £574k |
| 31/03/2021 | £439k | £434k |
Common questions
Is MILTON KEYNES GYMNASTIC LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity faces a challenging financial environment with increasing costs for rent, energy, and staff, while the new building project remains on hold. Despite these pressures, unrestricted reserves increased to £555,202, and the charity continues to subsidize vulnerable children and elite gymnastics, though trustees warn that future support may need to be cut back or fees raised significantly. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| PETER HARRISON FOUNDATION | 1 | £25k |
| BOOST CHARITABLE TRUST | 1 | £5k |
| THE HISCOX FOUNDATION | 1 | £1k |
Charities like this
- YORK CITY GYMNASTICS FOUNDATION
- PLYMOUTH SWALLOWS SCHOOL OF GYMNASTICS
- CITY OF NEWCASTLE GYMNASTICS ACADEMY LIMITED
- Sherwood Oaks Gymnastics Academy
- BRITISH GYMNASTICS FOUNDATION
- WEALD GYMNASTICS CENTRE
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| MILTON KEYNES GYMNASTIC LIMITED | £878k | — | 0 | unclear | — | noted |
| YORK CITY GYMNASTICS FOUNDATION | £608k | — | 0 | unclear | 0.0% | no doubt |
| PLYMOUTH SWALLOWS SCHOOL OF GYMNASTICS | £385k | — | 0 | unclear | — | no doubt |
| CITY OF NEWCASTLE GYMNASTICS ACADEMY LIMITED | £999k | — | 0 | unclear | — | no doubt |
| Sherwood Oaks Gymnastics Academy | £245k | — | 0 | unclear | — | no doubt |
| BRITISH GYMNASTICS FOUNDATION | £366k | — | — | unclear | — | no doubt |