Sherwood Oaks Gymnastics Academy
The provision of gymnastics facilities to members of the public, in particular children and young people
Financial health, per its FY2024 accounts
The accounts state that total income increased to £245,077 and unrestricted reserves rose to £30,911, resulting in a net benefit for the year. The trustees report that reserves are currently below their stated policy target of £12,000–£20,000 due to recent costs but are forecast to increase over the next 12 months. The charity confirms there are no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
Property (HM Land Registry)
Trustees
- ZOE McDonaldchair
- EMMA BAKER FCCA
- KERRIE ANN STEVENSON
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £245k | £217k |
| 31/12/2023 | £217k | £209k |
| 31/12/2022 | £196k | £196k |
| 31/12/2021 | £116k | £125k |
| 31/12/2020 | £76k | £128k |
Common questions
Is Sherwood Oaks Gymnastics Academy financially healthy?
Per its FY2024 accounts: The accounts state that total income increased to £245,077 and unrestricted reserves rose to £30,911, resulting in a net benefit for the year. The trustees report that reserves are currently below their stated policy target of £12,000–£20,000 due to recent costs but are forecast to increase over the next 12 months. The charity confirms there are no material uncertainties regarding its ability to continue as a going concern. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Sport England | 09/02/2016 | £5k | Shirebrook Gymnastics Development Project |