NORTH WALSHAM GYMNASTICS CLUB
Gymnastics coaching from pre school to adults in a purpose built facility. A fun, safe and friendly environment offering training from 1 hour to 16 hours per week recreational and competitive gymnastics.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a deficit of £10,656 for the year ended 31 December 2025, resulting in a decrease in total unrestricted reserves to £116,041. The trustees maintain a reserves policy target of approximately six months of unrestricted expenditure. Per the going concern statement, the trustees believe resources are adequate to continue operations with no material uncertainties identified.
What the accounts disclose
“It is the policy of the charity to maintain unrestricted funds which are the free reserves of the charity, at a level which equates to approximately six months unrestricted expenditure.” — page 5
Property (HM Land Registry)
Trustees
- MICHAEL BROOKSchair
- DONNA YARHAM
- Neal Hayes-Bradley
- PATRICA JOHNSON
- THERESA FREEMEN
- Tina Casburn
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £258k | £269k |
| 31/12/2024 | £261k | £248k |
| 31/12/2023 | £238k | £220k |
| 31/12/2022 | £202k | £205k |
| 31/12/2021 | £167k | £158k |
Common questions
Is NORTH WALSHAM GYMNASTICS CLUB financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a deficit of £10,656 for the year ended 31 December 2025, resulting in a decrease in total unrestricted reserves to £116,041. The trustees maintain a reserves policy target of approximately six months of unrestricted expenditure. Per the going concern statement, the trustees believe resources are adequate to continue operations with no material uncertainties identified. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Sport England | 23/01/2026 | £15k | Bounce Through the Floor |
| Sport England | 08/06/2016 | £51k | Dream, Believe, Achieve |