NATIONAL COUNCIL OF YOUNG MEN'S CHRISTIAN ASSOCIATIONS (INCORPORATED)
Financial health, per its FY2025 accounts
The accounts report an operating deficit of £0.6m and a net deficit of £0.56m for the year, driven by a challenging retail environment and increased staffing costs. Despite this, the charity maintains unrestricted free reserves of £7.0m, which aligns with its stated policy target of £5.0m to £7.0m, and holds total assets of £11.3m against liabilities of £10.0m.
What the accounts disclose
“The Chief Executive earned £145k pa plus pension contributions of £26k for the year” — page 52
“The Board aim to hold sufficient free reserves to provide financial stability when considering the key areas of risk and have set a target level of £5.0m to £7.0m”
“The YMCA Pension Plan operates from the offices of YMCA England & Wales which received payments of £29,990 inc VAT (2024: £28,710 inc VAT) for staff time and support services provided.” — page 85
“The valuation prepared as at 1 May 2023 for the YMCA Pension Plan as a whole showed that it had a deficit of £9.1 million.” — page 82
Year-over-year changes
- Top pay band moved from £160,001 - £170,000 (FY2024) to £140,001 - £150,000 (FY2025).
Leadership, per the charity’s website
- Denise Hatton — Chief Executive Officer
- Roy O’Shaughnessy — Chair
Funders the charity credits
- Cadent
- Charity Bank
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (23/03/2011)
Trustees
- Roy Langley O'Shaughnessychair
- Alan Ross Hendry
- Alex Elizabeth Taylor
- Christopher John Stern
- Gillian Helen Sewell
- Jonathan Robert Rowe
- PETER CHARLES EDWARD CALDERBANK
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £23.0m | £23.6m |
| 31/03/2024 | £22.8m | £22.7m |
| 31/03/2023 | £21.7m | £20.7m |
| 31/03/2022 | £17.6m | £17.1m |
| 31/03/2021 | £14.4m | £14.6m |
Common questions
Is NATIONAL COUNCIL OF YOUNG MEN'S CHRISTIAN ASSOCIATIONS (INCORPORATED) financially healthy?
The accounts report an operating deficit of £0.6m and a net deficit of £0.56m for the year, driven by a challenging retail environment and increased staffing costs. Despite this, the charity maintains unrestricted free reserves of £7.0m, which aligns with its stated policy target of £5.0m to £7.0m, and holds total assets of £11.3m against liabilities of £10.0m. Its FY2025 accounts were audited by Crowe U.K. LLP.
What does the highest-paid employee of NATIONAL COUNCIL OF YOUNG MEN'S CHRISTIAN ASSOCIATIONS (INCORPORATED) earn?
Per its FY2025 accounts, the highest-paid employee was in the £140,001 - £150,000 band.
Who funds NATIONAL COUNCIL OF YOUNG MEN'S CHRISTIAN ASSOCIATIONS (INCORPORATED)?
Funders whose own accounts filings name NATIONAL COUNCIL OF YOUNG MEN'S CHRISTIAN ASSOCIATIONS (INCORPORATED) as a grant recipient include THE FINBOROUGH FOUNDATION, THE CHILDHOOD TRUST, LANGDALE TRUST.
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE FINBOROUGH FOUNDATION | FY2023 | £5k |
| THE CHILDHOOD TRUST | FY2024 | £5k |
| THE FINBOROUGH FOUNDATION | FY2022 | £5k |
| LANGDALE TRUST | FY2022 | £5k |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 06/02/2019 | £87k | "YMCA: Celebrating 175 years" |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE WESTMINSTER FOUNDATION | 1 | £284k |
| IMPETUS - THE PRIVATE EQUITY FOUNDATION | 1 | £248k |
| THE YOUTH ENDOWMENT FUND CHARITABLE TRUST | 1 | £248k |
| GARFIELD WESTON FOUNDATION | 1 | £200k |
| THE DANSON FOUNDATION | 1 | £100k |
| THE HARGREAVES FOUNDATION | 1 | £58k |
| THE PILGRIM TRUST | 1 | £50k |
| The Rathbones Group Foundation | 1 | £41k |