NORTH DEVON DISPLAY GYMNASTICS CLUB
TO ADVANCE THE PHYSICAL EDUCATION AND DEVELOPMENT OF CHILDREN BY THE PROVISION OF GYMNASIUM FACILITIES AND INSTRUCTION IN GYMNASTICS.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £81,788, which equates to 8 months of unrestricted expenditure, exceeding the trustees' policy target of 6 months. The charity reported a net income increase to £12,918 and total net assets of £85,511, with the trustees confirming the club is in a strong and healthy position.
What the accounts disclose
“To address the Club's long-term liabilities and responsibilities, the Trustees set up a contingency bank account with the aim of accumulating enough funds to cover 6 months of outgoings in reserve.” — page 6
“Claire Fowler, Jayne Poole, Vickie White and Michelle Gordon who are employees of the Club are also trustees of the Club. The salary they receive relates entirely to their employment duties. They receive no payment in respect of their positions as Trustee.” — page 4
Register events
- Received assets from another charity (10/08/2015)
Trustees
- CLAIRE FOWLER
- Charlotte Wonnacott
- Heather Lofthouse
- Jayne Poole
- Kate Lott
- Michelle Atkinson
- Victoria White
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £129k | £116k |
| 31/03/2024 | £114k | £122k |
| 31/03/2023 | £118k | £99k |
| 31/03/2022 | £102k | £88k |
| 31/03/2021 | £113k | £88k |
Common questions
Is NORTH DEVON DISPLAY GYMNASTICS CLUB financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £81,788, which equates to 8 months of unrestricted expenditure, exceeding the trustees' policy target of 6 months. The charity reported a net income increase to £12,918 and total net assets of £85,511, with the trustees confirming the club is in a strong and healthy position. Its FY2025 accounts were independently examined.
Who funds NORTH DEVON DISPLAY GYMNASTICS CLUB?
Funders whose own accounts filings name NORTH DEVON DISPLAY GYMNASTICS CLUB as a grant recipient include THE BRIDGE TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE BRIDGE TRUST | FY2022 | £6k | |
| THE BRIDGE TRUST | FY2024 | £5k | |
| THE BRIDGE TRUST | FY2023 | £3k | Local sports clubs, facilities and organisations |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Sport England | 03/06/2020 | £9k | COVID-19 CEF |
| The National Lottery Community Fund | 23/08/2018 | £9k | ONWARDS & UPWARDS I.T. WORKING IN, WITH, FOR THE COMMUNITY |