WORCESTER YMCA
Financial health, per its FY2025 accounts
The accounts state that the charity achieved a surplus of £103,575 for the year, resulting in total unrestricted reserves of £1,545,782. Per the trustees' report, adjusted free reserves of £1,069,416 exceed the stated policy target of £254,359 (two months of expenditure). The auditors confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The policy is to aim to maintain funds in reserves at least sufficient to fund 2 months total Group expenditure, being £254,359”
“The balance owing from the controlling party at 31 March 2025 was £747,962 (2024: £135,218). Transactions between the entities during the year have not been disclosed in accordance with section 33 of FRS 102.” — page 37
“The balance owing to the charity at 31 March 2025 was £439,197 (2024: £313,893). Transactions between the entities during the year have not been disclosed in accordance with section 33 of FRS 102.” — page 37
“The balance owing from the controlling party at 31 March 2025 was £747,962 (2024: £135,218). Transactions between the entities during the year have not been disclosed in accordance with section 33 of FRS 102.” — page 37
“The balance owing to the charity at 31 March 2025 was £439,197 (2024: £313,893). Transactions between the entities during the year have not been disclosed in accordance with section 33 of FRS 102.” — page 37
“The balance owing from the controlling party at 31 March 2025 was £747,962 (2024: £135,218). Transactions between the entities during the year have not been disclosed in accordance with section 33 of FRS 102.” — page 37
“The balance owing to the charity at 31 March 2025 was £439,197 (2024: £313,893). Transactions between the entities during the year have not been disclosed in accordance with section 33 of FRS 102.” — page 37
“At 31 March 2024, the pension deficit for the Charity and the group was £18,773 (2024: £27,622) as shown on the balance sheet.” — page 7
“The Charity has two wholly owned subsidiary undertakings Little Treasures Limited and First Class Nursery (Kidderminster) Limited, which both operate nurseries” — page 3
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- LINDSAY SARTORIchair
- Harvinder Khatkar
- Melanie Braden
- Philip Norman Smiglarski
- Rev Gail Rogers
- Rev Michael Sermon
- Robert John Pearce
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.6m | £1.5m |
| 31/03/2024 | £1.3m | £1.5m |
| 31/03/2023 | £1.1m | £1.3m |
| 31/03/2022 | £950k | £1.2m |
| 31/03/2021 | £1.2m | £1.2m |
Common questions
Is WORCESTER YMCA financially healthy?
The accounts state that the charity achieved a surplus of £103,575 for the year, resulting in total unrestricted reserves of £1,545,782. Per the trustees' report, adjusted free reserves of £1,069,416 exceed the stated policy target of £254,359 (two months of expenditure). The auditors confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by Godfrey Wilson Limited.