EXETER GYMNASTICS CLUB
Gymnastics and related activities
Financial health, per its FY2025 accounts
The accounts state that total funds increased from £510,829 to £511,401, resulting in a net incoming resource of £572 for the year. The charity holds unrestricted reserves of £511,401, which the trustees note are held to cover any deficit against a policy that income should cover charitable activity costs. The independent examiner confirmed that no material matters came to attention regarding the accounting records or their accuracy.
What the accounts disclose
“The policy of the charity is that income should cover charitable activities costs. The unrestricted reserves are held to cover any deficit.”
Trustees
- TIMOTHY JOHNSchair
- Alan Cleave
- Heidi Davey
- MERIEL FRY
- Marie Evans
- Martin Balman
- Michael Richardson
- RICHARD FRANKS
- Seb Martens
- Yvonne Budd
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £46k | £46k |
| 31/08/2024 | £39k | £36k |
| 31/08/2023 | £44k | £28k |
| 31/08/2022 | £41k | £28k |
| 31/08/2021 | £45k | £46k |
Common questions
Is EXETER GYMNASTICS CLUB financially healthy?
Per its FY2025 accounts: The accounts state that total funds increased from £510,829 to £511,401, resulting in a net incoming resource of £572 for the year. The charity holds unrestricted reserves of £511,401, which the trustees note are held to cover any deficit against a policy that income should cover charitable activity costs. The independent examiner confirmed that no material matters came to attention regarding the accounting records or their accuracy. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 30/03/2006 | £5k | Purchase a new base floor area |
| The National Lottery Community Fund | 07/10/2004 | £5k | equipment |