SOUTH DURHAM GYMNASTICS
Promotion of community participation in healthy recreation for the benefit of the local community. Achieved through the provision of facilities for participating in gymnastics and gymnastic related activities.The activities of the charity, which is accredited to British Gymnastics, include training and coaching for members and the organisation of club and gymnastic competitions.
Financial health, per its FY2025 accounts
The accounts state that the charity generated £700,879 in income and incurred £533,753 in expenditure, resulting in a net surplus of £167,126. Unrestricted reserves increased to £225,555, with free reserves standing at £194,909, which the trustees consider satisfactory against their policy target of three to six months of running costs. The charity maintains a positive cash position of £151,770 and has no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
“Trustees aim to hold between three and six months of running costs as free reserves.” — page 6
Property (HM Land Registry)
Structured financials (annual return, FY ending 30/06/2025)
Trustees
- PAUL ANDERSONchair
- GORDON MCDONALD
- MARION AVRIL GATES
- TRACY MCKEOWN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £701k | £534k |
| 30/06/2024 | £505k | £484k |
| 30/06/2023 | £601k | £569k |
| 30/06/2022 | £537k | £649k |
| 30/06/2021 | £395k | £411k |
Common questions
Is SOUTH DURHAM GYMNASTICS financially healthy?
Per its FY2025 accounts: The accounts state that the charity generated £700,879 in income and incurred £533,753 in expenditure, resulting in a net surplus of £167,126. Unrestricted reserves increased to £225,555, with free reserves standing at £194,909, which the trustees consider satisfactory against their policy target of three to six months of running costs. The charity maintains a positive cash position of £151,770 and has no material uncertainties regarding its ability to continue as a going concern. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Sport England | 20/01/2026 | £6k | CF - Fill the Pit Fundraiser |
| Sport England | 13/01/2022 | £0 | COVID19 - Active Together (Crowdfunding) |
| Sport England | 03/06/2020 | £10k | COVID-19 CEF |