LOUGHBOROUGH ACROBATIC GYMNASTICS CLUB
To promote community participation in healthy recreation and to advance the education of children and young people, including their physical education.
Financial health, per its FY2024 accounts
The accounts state that the charity generated a net income surplus of £19,960 for the year ended 31 December 2024, resulting in unrestricted reserves of £59,648. The trustees report that the club is at full capacity and financially stabilising, despite facing increased lease and utility costs.
What the accounts disclose
“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure.” — page 5
Trustees
- KATHRYN DENISE FORDchair
- Dr EMMA LOUISE ROSAMOND
- Gemma Skubala
- SUSAN ZETA BENNETT
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £267k | £247k |
| 31/12/2023 | £259k | £244k |
| 31/12/2022 | £206k | £224k |
| 31/12/2021 | £190k | £189k |
| 31/12/2020 | £190k | £184k |
Common questions
Is LOUGHBOROUGH ACROBATIC GYMNASTICS CLUB financially healthy?
Per its FY2024 accounts: The accounts state that the charity generated a net income surplus of £19,960 for the year ended 31 December 2024, resulting in unrestricted reserves of £59,648. The trustees report that the club is at full capacity and financially stabilising, despite facing increased lease and utility costs. Its FY2024 accounts were independently examined.