GILLINGHAM YOUTH FOUNDATION
Gillingham Youth Foundation enables the continued function of the Youth & Community buildings to provide a regular place for local youth and community groups, clubs and other charitable organisations to meet on a regular basis, without prejudice or discrimination on the grounds of gender, race, colour, ethnic or national origin, sexuality, disability, religious or political belief.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net loss of £3,901.95 for the year, resulting in a decrease in its closing bank balance to £13,416.59. The trustees note that unexpected major repairs and maintenance costs impacted potential profit, though hire income remained steady. The charity's reserves policy targets three months of unrestricted expenditure, calculated at £8,134.32, which is below the current closing balance.
What the accounts disclose
“Sales: hire of rooms Sales Type A 4000 27,230.25”
“Based on total expenditure £32,537.20 divided by 12 months = £2,711.44 x 3 months = £8,134.32” — page 2
Property (HM Land Registry)
Trustees
- David Walshchair
- Alan Waistell
- BELINDA RIDOUT
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £29k | £33k |
| 31/08/2024 | £27k | £30k |
| 31/08/2023 | £34k | £31k |
| 31/08/2022 | £33k | £29k |
| 31/08/2021 | £24k | £23k |
Common questions
Is GILLINGHAM YOUTH FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net loss of £3,901.95 for the year, resulting in a decrease in its closing bank balance to £13,416.59. The trustees note that unexpected major repairs and maintenance costs impacted potential profit, though hire income remained steady. The charity's reserves policy targets three months of unrestricted expenditure, calculated at £8,134.32, which is below the current closing balance. Its FY2025 accounts were independently examined.