SOUTH ESSEX GYMNASTICS CLUB LIMITED
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net expenditure of £78,482 for the year, resulting in a decrease in total funds from £575,571 to £497,089. The trustees confirm that the charity has adequate resources to continue as a going concern for the foreseeable future. The charity operates a defined contribution pension scheme and holds unrestricted reserves of £497,089.
What the accounts disclose
Structured financials (annual return, FY ending 31/05/2025)
Register events
- Received assets from another charity (18/03/2011)
Trustees
- ROY SHORTchair
- Clive Leigh Hugh Fabb
- David Thomas Oliver Mott
- JULIE ANN HICKTON
- Jeffrey Peter Davis
- STEPHEN SMITH
- SUE HIBBITT
- Verity Jayne Adams
- Vincent Jee Ping Ip
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/05/2025 | £2.0m | £2.0m |
| 31/05/2024 | £1.9m | £1.9m |
| 31/05/2023 | £1.7m | £1.7m |
| 31/05/2022 | £1.5m | £1.6m |
| 31/05/2021 | £1.1m | £1.4m |
Common questions
Is SOUTH ESSEX GYMNASTICS CLUB LIMITED financially healthy?
The accounts state that the charity reported a net expenditure of £78,482 for the year, resulting in a decrease in total funds from £575,571 to £497,089. The trustees confirm that the charity has adequate resources to continue as a going concern for the foreseeable future. The charity operates a defined contribution pension scheme and holds unrestricted reserves of £497,089. Its FY2023 accounts were audited by Michael Letch & Partners LLP.