WYE GYMNASTICS AND GALAXY CHEERLEADING
The promotion of community participation in healthy recreation, in particular by the provision of facilities to participate in gymnastics, cheerleading and gymnastics-related activities for people in South East Wales. Particularly, but not exclusively, for children and young people.
Objects
THE PROMOTION OF COMMUNITY PARTICIPATION IN HEALTHY RECREATION IN PARTICULAR BY THE PROVISION OF FACILITIES TO PARTICIPATE IN GYMNASTICS, CHEERLEADING AND GYMNASTICS RELATED ACTIVITIES FOR PEOPLE IN MONMOUTHSHIRE AND NEWPORT PARTICULARLY BUT NOT EXCLUSIVELY FOR CHILDREN AND YOUNG PEOPLE
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net income of £807 for the year ended 31 March 2025, a significant decrease from the previous year's £51,223. Total funds carried forward stood at £84,356, with unrestricted reserves of £66,856, while the charity aims to hold reserves sufficient to maintain its work for twelve months. The organization operates a defined contribution pension scheme and has no subsidiaries.
What the accounts disclose
“To this end it aims to hold sufficient reserves to maintain its work for twelve months.”
“Trustees' salaries (33,000)”
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Karen Adamschair
- Deborah Holder
- EMMA JANE DENT
- Elaine Choules
- John Sinha
- Karen Johnson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £535k | £534k |
| 31/03/2024 | £439k | £388k |
| 31/03/2023 | £310k | £295k |
| 31/03/2022 | £232k | £236k |
| 31/03/2021 | £217k | £223k |
Common questions
Is WYE GYMNASTICS AND GALAXY CHEERLEADING financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net income of £807 for the year ended 31 March 2025, a significant decrease from the previous year's £51,223. Total funds carried forward stood at £84,356, with unrestricted reserves of £66,856, while the charity aims to hold reserves sufficient to maintain its work for twelve months. The organization operates a defined contribution pension scheme and has no subsidiaries. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| Evelyn Partners Charitable Trust | 1 | £700 |
Charities like this
- CITY OF WORCESTER GYMNASTICS
- WCA
- EREWASH VALLEY GYMNASTICS CLUB LTD
- THE WIRE GYMNASTICS CLUB
- WEYBOURNE GYMNASTICS CLUB
- WIDNES GYMNASTICS ACADEMY
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| WYE GYMNASTICS AND GALAXY CHEERLEADING | £535k | — | 0 | unclear | — | no doubt |
| CITY OF WORCESTER GYMNASTICS | £452k | — | — | unclear | — | no doubt |
| WCA | £499k | — | 0 | unclear | — | no doubt |
| EREWASH VALLEY GYMNASTICS CLUB LTD | £767k | — | 0 | below | — | no doubt |
| THE WIRE GYMNASTICS CLUB | £606k | — | 0 | unclear | — | no doubt |
| WEYBOURNE GYMNASTICS CLUB | £397k | — | 0 | unclear | — | no doubt |