BOYS AND GIRLS CLUBS OF SOUTH YORKSHIRE
Financial health, per its FY2024 accounts
The accounts state that the charity achieved a break-even result with a net increase in unrestricted funds of £1,000, bringing total unrestricted reserves to £41,968. However, the trustees report a significant reduction in grant and donation funding, noting that the current financial situation is difficult and that staff numbers and costs are expected to be reduced. While the charity can meet commitments for the current year, there are concerns about the future sustainability of support services if funding does not improve.
What the accounts disclose
“It is the aim of the Directors to maintain unrestricted funds equivalent to at least 50% of the annual expenditure in unrestricted activities” — page 6
Register events
- Received assets from another charity (09/09/2024)
Trustees
- BARRIE COTTINGHAM
- Robert Dyson
- SEAN PATRICK MAHON
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 28/02/2025 | £111k | £118k |
| 29/02/2024 | £157k | £156k |
| 28/02/2023 | £83k | £133k |
| 28/02/2022 | £134k | £155k |
| 28/02/2021 | £184k | £155k |
Common questions
Is BOYS AND GIRLS CLUBS OF SOUTH YORKSHIRE financially healthy?
The accounts state that the charity achieved a break-even result with a net increase in unrestricted funds of £1,000, bringing total unrestricted reserves to £41,968. However, the trustees report a significant reduction in grant and donation funding, noting that the current financial situation is difficult and that staff numbers and costs are expected to be reduced. While the charity can meet commitments for the current year, there are concerns about the future sustainability of support services if funding does not improve. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| UTILITA GIVING | 1 | £10k |
| CEO SLEEPOUT | 1 | £5k |
| MILLS AND REEVE CHARITABLE TRUST | 1 | £2k |
| Moto Foundation | 1 | £150 |
| THE TRIANGLE TRUST 1949 FUND | 1 | £0 |