SAPPHIRE SCHOOL OF GYMNASTICS LTD
Gymnastics sessions.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £617,834, which the Trustees consider sufficient to meet their policy aim of maintaining six months of running costs. The charity reported a net surplus for the year, with total income of £848,962 against expenditure of £847,079, resulting in a positive cash flow from operating activities of £120,530.
What the accounts disclose
“Gymnastics club 783,984”
“It is the Trustees' aim to maintain free reserves at: 1. Six months running costs allowing for fluctuations in income and ongoing equipment purchase and repair. 2. A reserve for the costs of purchasing and converting new premises.”
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/08/2025)
Trustees
- Hannah Louise Morrison-Smythchair
- Elizabeth Kincaid
- Lynda Driver
- Ross Hudson-O'toole
- Ruth Frances Gungadoo
- Yvette Gungadoo
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £849k | £847k |
| 31/08/2024 | £779k | £667k |
| 31/08/2023 | £662k | £729k |
| 31/08/2022 | £725k | £610k |
| 31/08/2021 | £667k | £558k |
Common questions
Is SAPPHIRE SCHOOL OF GYMNASTICS LTD financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £617,834, which the Trustees consider sufficient to meet their policy aim of maintaining six months of running costs. The charity reported a net surplus for the year, with total income of £848,962 against expenditure of £847,079, resulting in a positive cash flow from operating activities of £120,530. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Sport England | 15/05/2020 | £10k | COVID-19 CEF |
| Sport England | 10/12/2013 | £10k | Sapphire New Site |