Charity Accounts Intelreading the accounts so you don’t have to

CITY OF WORCESTER GYMNASTICS

Registered charity 1188095 · accounts filings on the Charity Commission register

To foster and promote the community participation in healthy recreation for the benefit of the inhabitants of Worcestershire and its adjacent counties by the provision of facilities and coaching of gymnastics or other leisure time occupations of individuals.

Causes: Amateur Sport · website · Get email alerts

Latest income
£397k
Latest spending
£366k
Registered
2020
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity achieved a surplus of £30,372 for the year ended 31 December 2024, reversing a deficit from the previous year. Per the trustees' report, unrestricted reserves increased to £121,949, which the trustees consider sufficient to support operating costs and continue as a going concern.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: Sufficient reserves are held in the fund to support the charity's operating costs and enable it to fulfil its objectives. (held: £122k)
“Only a general fund is held. Sufficient reserves are held in the fund to support the charity's operating costs and enable it to fulfil its objectives.” — page 5
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Trustees · trustee networks

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

Operates in: Herefordshire · Warwickshire · Worcestershire

Income and spending

Financial year endIncomeSpending
31/12/2024£397k£366k
31/12/2023£347k£376k
31/12/2022£314k£339k
31/12/2021£231k£227k
31/12/2020£0£0

Common questions

Is CITY OF WORCESTER GYMNASTICS financially healthy?

Per its FY2024 accounts: The accounts state that the charity achieved a surplus of £30,372 for the year ended 31 December 2024, reversing a deficit from the previous year. Per the trustees' report, unrestricted reserves increased to £121,949, which the trustees consider sufficient to support operating costs and continue as a going concern. Its FY2024 accounts were independently examined.