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YMCA NEWARK AND SHERWOOD

Registered charity 1177774 · accounts filings on the Charity Commission register

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Latest income
£1.1m
Latest spending
£2.0m
Registered
2018
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net expenditure of £897,351 for the year ended 31 March 2025, resulting in unrestricted reserves moving from a deficit of £1,491,317 to a larger deficit of £2,385,258. The trustees note that the parent company, YMCA Robin Hood Group, has provided support and a guarantee to ensure the charity can meet its commitments for at least 12 months from the balance sheet date.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy
“The reserves at the year end stand at a deficit of £2,385,258 (2024 - £1,491,317) for unrestricted funds” — page 11
Per its FY2025 accounts as filed with the Charity Commission.
Payments to trustees: Mr T Cauthorn received remuneration of £95,416 (basic salary £78,276, employer's NI £9,540, pension costs £7,600).
“Mr T Cauthorn (Trustee) was remunerated, under the terms of an employment contract, for his role as an executive member of the leadership team at YMCA Newark and Sherwood for the following amounts. No other trustees were remunerated for their roles.” — page 21
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Rent charged by YMCA Robin Hood Group for facility use.
“During the year, RHG has charged YMCA Newark and Sherwood a rental for this facility which totalled £504,375 (2024: £206,250). RHG provided the charity with intercompany cash of £22,800 (2024 - £145,000). RHG also charged the charity for the provision of support services, which totalled £124,992 (2024 - £93,332) and paid for expenses on behalf of the charity of £6,438 (2024 - £272,716). At the year-end, a balance of £2,860,168 (2024 - £1,574,367) was owed to YMCA Robin Hood Group.” — page 24
“At the year-end a balance of £9,797 (2024 - £9,797) was owed by The Zone Youth Project to YMCA Newark & Sherwood, a related charity through common management.” — page 24
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Debt owed by The Zone Youth Project.
“During the year, RHG has charged YMCA Newark and Sherwood a rental for this facility which totalled £504,375 (2024: £206,250). RHG provided the charity with intercompany cash of £22,800 (2024 - £145,000). RHG also charged the charity for the provision of support services, which totalled £124,992 (2024 - £93,332) and paid for expenses on behalf of the charity of £6,438 (2024 - £272,716). At the year-end, a balance of £2,860,168 (2024 - £1,574,367) was owed to YMCA Robin Hood Group.” — page 24
“At the year-end a balance of £9,797 (2024 - £9,797) was owed by The Zone Youth Project to YMCA Newark & Sherwood, a related charity through common management.” — page 24
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Charges for utilities/facility management and services from Malty Cross Ltd.
“During the year, RHG has charged YMCA Newark and Sherwood a rental for this facility which totalled £504,375 (2024: £206,250). RHG provided the charity with intercompany cash of £22,800 (2024 - £145,000). RHG also charged the charity for the provision of support services, which totalled £124,992 (2024 - £93,332) and paid for expenses on behalf of the charity of £6,438 (2024 - £272,716). At the year-end, a balance of £2,860,168 (2024 - £1,574,367) was owed to YMCA Robin Hood Group.” — page 24
“At the year-end a balance of £9,797 (2024 - £9,797) was owed by The Zone Youth Project to YMCA Newark & Sherwood, a related charity through common management.” — page 24
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by UHY Hacker Young. Discloses 2 of 6 completeness components.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£1.1m
Total spending
£2.0m
Reserves (reported)
£0
Employees
61

Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England

Income and spending

Financial year endIncomeSpending
31/03/2025£1.1m£2.0m
31/03/2024£920k£1.6m
31/03/2023£354k£679k
31/03/2022£203k£413k
31/03/2021£105k£297k

Common questions

Is YMCA NEWARK AND SHERWOOD financially healthy?

The accounts state that the charity reported a net expenditure of £897,351 for the year ended 31 March 2025, resulting in unrestricted reserves moving from a deficit of £1,491,317 to a larger deficit of £2,385,258. The trustees note that the parent company, YMCA Robin Hood Group, has provided support and a guarantee to ensure the charity can meet its commitments for at least 12 months from the balance sheet date. Its FY2025 accounts were audited by UHY Hacker Young.