HUNTINGDON GYMNASTICS CLUB LIMITED

Registered charity 1124674 · accounts filings on the Charity Commission register

Get email alerts for this charity

Latest income
£1.0m
Latest spending
£1.1m
Registered
2008
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net expenditure of £68,845 for the year, resulting in a decrease in total unrestricted funds from £297,427 to £251,484. Per the trustees' report, unrestricted reserves are currently £4,516 below the stated policy target of £256,000, though this deficit is not considered significant. The trustees and auditors confirm the charity remains a going concern despite challenging conditions involving increased overheads.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy
As a result of experience during successive lockdowns, the Trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the Charity’s current activities whilst consideration is given to a way in which additional funds may be raised. The required 'Free Reserves' are therefore in the region of £256,000, which means we are currently £4,516 in deficit of this requirement which is not considered to be significant.
Per its FY2025 accounts as filed with the Charity Commission.
Going concern: noted by the trustees or auditor
The Trustees are of the opinion that the Charity will continue to be a going concern. It has been a very challenging time for the Charity which has worked to support and retain the coaching and administrative teams whilst servicing increases in overheads. — page 7
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by TC Group. Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 31/07/2025)

Total income
£1.0m
Total spending
£1.1m
Reserves (reported)
£251k
Employees
43

Reported reserves equal ~2.8 months of spending — below the median for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Cambridgeshire

Income and spending

Financial year endIncomeSpending
31/07/2025£1.0m£1.1m
31/07/2024£961k£900k
31/07/2023£897k£902k
31/07/2022£775k£853k
31/07/2021£472k£578k

Common questions

Is HUNTINGDON GYMNASTICS CLUB LIMITED financially healthy?

The accounts state that the charity reported a net expenditure of £68,845 for the year, resulting in a decrease in total unrestricted funds from £297,427 to £251,484. Per the trustees' report, unrestricted reserves are currently £4,516 below the stated policy target of £256,000, though this deficit is not considered significant. The trustees and auditors confirm the charity remains a going concern despite challenging conditions involving increased overheads. Its FY2025 accounts were audited by TC Group.