FAVERSHAM COMMUNITY GYMNASTIC AND ACTIVITY CENTRE
To assist in the provision of facilities to encourage physical and recreational activity for the benefit of the general public.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £20,752 for the year ended 31 March 2025, an improvement from the previous year's deficit of £98,464. Total unrestricted reserves stood at £1,373,336, with £734,763 held in liquid form. The trustees confirmed the charity has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“Charitable activities 442,438”
“The trustees policy relating to the reserves continue to be that they can be used to fund the replacement of the building when it reaches the end of its useful life.” — page 4
Property (HM Land Registry)
Register events
- Received assets from another charity (03/06/2011)
Trustees
- Amanda Catherine Brown
- Beverley Elizabeth Swift
- Elizabeth Rae Prince
- Stephanie Clare Wolfe
- Suzanne Margaret Church
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £478k | £510k |
| 31/03/2024 | £439k | £495k |
| 31/03/2023 | £393k | £526k |
| 31/03/2022 | £272k | £509k |
| 31/03/2021 | £176k | £373k |
Common questions
Is FAVERSHAM COMMUNITY GYMNASTIC AND ACTIVITY CENTRE financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net deficit of £20,752 for the year ended 31 March 2025, an improvement from the previous year's deficit of £98,464. Total unrestricted reserves stood at £1,373,336, with £734,763 held in liquid form. The trustees confirmed the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2025 accounts were independently examined.