BLACKBURN YMCA
Financial health, per its FY2025 accounts
The accounts state that the charity reported a group surplus for the year of £861,977, with unrestricted funds increasing to £6,133,264. The trustees confirmed that reserves are sufficient to cover unexpected expenditure and that the charity can continue as a going concern for the foreseeable future. However, the group statement of comprehensive income shows a total comprehensive income deficit of £6,025,312, primarily driven by a loss on the revaluation of housing properties.
What the accounts disclose
“One member of staff with a annual salary for the year of £62,520” — page 29
“One member of staff earned more than £60,000 in the year: One member of staff with a annual salary for the year of £62,520”
“The reserve policy of the Association is that unrestricted funds, which have not been designated for a specific use, should be maintained at a level equivalent to three month's operational costs.” — page 9
“During the year the Charity received income totalling £670,287 (2024: £683,096) from other YMCAs who occupy property owned by Blackburn YMCA. The board of trustees of Blackburn YMCA includes a member from each of the tenant YMCAs.” — page 36
“The valuation as at 1 May 2023 showed that the YMCA Pension Plan had a deficit of 9.1 million.” — page 33
“The consolidated accounts include the trading activities, assets and liabilities of the parent and subsidiary company, Bolton YMCA, in accordance with the Charities Housing SORP.” — page 22
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Aaron James Flemonschair
- Brian Richard Cooke
- Graham Richard Sebastian Oatridge
- Janine Browne
- Lorraine Prentice
- Mark David Pattinson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £8.3m | £1.5m |
| 31/03/2024 | £912k | £598k |
| 31/03/2023 | £888k | £599k |
| 31/03/2022 | £1.2m | £415k |
| 31/03/2021 | £3.5m | £358k |
Common questions
Is BLACKBURN YMCA financially healthy?
The accounts state that the charity reported a group surplus for the year of £861,977, with unrestricted funds increasing to £6,133,264. The trustees confirmed that reserves are sufficient to cover unexpected expenditure and that the charity can continue as a going concern for the foreseeable future. However, the group statement of comprehensive income shows a total comprehensive income deficit of £6,025,312, primarily driven by a loss on the revaluation of housing properties. Its FY2025 accounts were audited by Champion Accountants LLP.
What does the highest-paid employee of BLACKBURN YMCA earn?
Per its FY2025 accounts, the highest-paid employee was in the £60,001 - £70,000 band, and 1 employees earned over £60,000.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 17/02/2006 | £25k | "Blackburn Heritage 1896-2006 and the YMCA" |