FLIC-FLAC GYMNASTICS CLUB
Gymnastics for children and young people
Financial health, per its FY2025 accounts
The accounts state that the charity incurred a net expenditure deficit for the year, with total income of £351,299 against expenditure of £394,754. However, the trustees report that the club holds sufficient reserves and cash funds to maintain its activities and projects a surplus for the next period. The independent examiner noted improvements in bookkeeping but highlighted that accounting records were not fully kept and accounts did not fully accord with those records.
What the accounts disclose
Trustees
- Angela Bibby
- Gemma Sutton
- Phillip Crabtree
- Sanam Gaskell
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £351k | £395k |
| 31/03/2024 | £260k | £240k |
| 31/03/2023 | £190k | £179k |
| 31/03/2022 | £144k | £130k |
| 31/03/2021 | £106k | £97k |
Common questions
Is FLIC-FLAC GYMNASTICS CLUB financially healthy?
Per its FY2025 accounts: The accounts state that the charity incurred a net expenditure deficit for the year, with total income of £351,299 against expenditure of £394,754. However, the trustees report that the club holds sufficient reserves and cash funds to maintain its activities and projects a surplus for the next period. The independent examiner noted improvements in bookkeeping but highlighted that accounting records were not fully kept and accounts did not fully accord with those records. Its FY2025 accounts were independently examined.