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MILTON KEYNES GYMNASTIC LIMITED

Registered charity 1080223 · accounts filings on the Charity Commission register · also known as MILTON KEYNES GYMNASTICS

Provision of Gymnastic Facilities

Causes: Education/training · Disability · Amateur Sport · Economic/community Development/employment · website · Get email alerts

Latest income
£878k
Latest spending
£866k
Registered
2000
Accounts read
FY2025

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.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Going concern: noted by the trustees or auditor
“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
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Public profiles (found on the charity’s own website): facebook · instagram

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

Total income
£878k
Total spending
£866k
Cost of raising funds
£440k
Reserves (reported)
£555k
Employees
13

Reported reserves equal ~7.7 months of spending — above the median for charities its size (median 5.2 months; benchmarks).

Trustees · trustee networks

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

Operates in: Bedford · Buckinghamshire · Central Bedfordshire · Milton Keynes · Northamptonshire

Income and spending

Financial year endIncomeSpending
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

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
PETER HARRISON FOUNDATION1£25k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with YORK CITY GYMNASTICS FOUNDATION.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
MILTON KEYNES GYMNASTIC LIMITED£878k—0unclear—noted
YORK CITY GYMNASTICS FOUNDATION FY2024£608k—0unclear—no doubt
PLYMOUTH SWALLOWS SCHOOL OF GYMNASTICS FY2025£385k—0unclear—no doubt
CITY OF NEWCASTLE GYMNASTICS ACADEMY LIMITED FY2025£999k—0unclear—no doubt
BRITISH GYMNASTICS FOUNDATION FY2024£366k—2below108.3%noted
MANCHESTER ACADEMY OF COMMUNITY GYMNASTICS LTD FY2024£1.0m—0unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.