SIDNEY WALTER CENTRE
Provision of youth gym club for young people 13-18 years of age. Supporting lonely, elderly and vulnerable groups of the community by providing a social meeting place with activities.Encouraging better fitness levels and sustaining specialist gym classes for the above groups.
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted reserves of £77,820, which the trustees confirm are sufficient to cover running costs for six months and beyond. The charity reported a net surplus of £11,638 for the year, with total incoming resources of £74,245 against total resources expended of £62,607.
What the accounts disclose
“As the accounts show we have the funds to cover running costs for 6 months and beyond, which is an important requirement.” — page 5
Trustees
- DAVE ARSENEAULTchair
- Joan Oxley
- PHIL MARCHANT
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £75k | £63k |
| 31/03/2024 | £77k | £62k |
| 31/03/2023 | £62k | £53k |
| 31/03/2022 | £40k | £38k |
| 31/03/2021 | £54k | £52k |
Common questions
Is SIDNEY WALTER CENTRE financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds unrestricted reserves of £77,820, which the trustees confirm are sufficient to cover running costs for six months and beyond. The charity reported a net surplus of £11,638 for the year, with total incoming resources of £74,245 against total resources expended of £62,607. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 10/11/2021 | £10k | "Past Present Exchange (PPE)" |
| The National Lottery Heritage Fund | 05/02/2020 | £10k | "Worthing Village Voices" |
| The National Lottery Heritage Fund | 17/01/2014 | £10k | "The Boys that went to War - Sussex Road School and the First World War" |
| The National Lottery Heritage Fund | 09/02/2010 | £50k | "Worthing Village Heritage Project" |