WORCESTERSHIRE YMCA LIMITED
Registered charity 516872 · accounts filings on the Charity Commission register · also known as REDDITCH Y M C A, REDDITCH YOUNG MEN'S CHRISTIAN ASSOCIATION LIMITED
Working from our own accommodation units, community centres, schools and prison, we provide a preschool nursery, management of children's centres, play workers in prison, schools work, youth work including the support of young people towards independent living, 'move on' accommodation and support for vulnerable adults.
Causes: General Charitable Purposes · Education/training · The Advancement Of Health Or Saving Of Lives · The Prevention Or Relief Of Poverty · Accommodation/housing · Religious Activities · website · Get email alerts
Financial health, per its FY2025 accounts
The accounts state that the group reported an operating deficit of £292,419 for the year ended 31 March 2025, resulting in a decrease in total reserves to £2,954,660. The trustees and auditors confirm that the group is a going concern with no material uncertainties, despite a pension scheme deficit of £93,194 and a breach of financial covenants on one bank loan.
Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.
What the accounts disclose
Reserves position: below the charity's own stated reserves policy (held: £3.0m; policy: two months of total Group expenditure, equating to £808,865)
“This adjusted figure means our free reserves do not meet our policy target of £808,865, resulting in a shortfall of £440,663.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Parent charity Worcester YMCA
“The balance owing to the Worcester YMCA at 31 March 2025 was £747,962 (2024: £163,796). Transactions between the entities during the year have not been disclosed in accordance with section 33 of FRS 102.” — page 47
“The balance owing to the First Class Nursery (Kidderminster) Limited at 31 March 2025 was £536,105 (2024: to the charity £57,306). Transactions between the entities during the year have not been disclosed in accordance with section 33 of FRS 102.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Subsidiary First Class Nursery (Kidderminster) Limited
“The balance owing to the Worcester YMCA at 31 March 2025 was £747,962 (2024: £163,796). Transactions between the entities during the year have not been disclosed in accordance with section 33 of FRS 102.” — page 47
“The balance owing to the First Class Nursery (Kidderminster) Limited at 31 March 2025 was £536,105 (2024: to the charity £57,306). Transactions between the entities during the year have not been disclosed in accordance with section 33 of FRS 102.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Subsidiary Little Treasures Limited
“The balance owing to the Worcester YMCA at 31 March 2025 was £747,962 (2024: £163,796). Transactions between the entities during the year have not been disclosed in accordance with section 33 of FRS 102.” — page 47
“The balance owing to the First Class Nursery (Kidderminster) Limited at 31 March 2025 was £536,105 (2024: to the charity £57,306). Transactions between the entities during the year have not been disclosed in accordance with section 33 of FRS 102.”
Per its FY2025 accounts as filed with the Charity Commission.
Pension scheme deficit: £93k
“As of 31 March 2025, the pension deficit for the Association was £74,421 (2024: £109,499), and for the Group, it was £93,194 (2024: £137,121), as shown on the balance sheet.” — page 8
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: First Class Nursery (Kidderminster) Limited, Little Treasures Limited
“Worcester YMCA, which is not regulated by the Regulator of Social Housing (RSH), is the parent charity for two wholly-owned trading subsidiaries: First Class Nursery (Kidderminster) Limited and Little Treasures Limited.” — page 4
Per its FY2025 accounts as filed with the Charity Commission.
Accounts audited by Godfrey Wilson Limited. Discloses 4 of 6 completeness components.
Year-over-year changes
- Reserves position vs the charity's own policy moved from "above" (FY2024) to "below" (FY2025).
Comparing this charity’s FY2024 and FY2025 accounts as analysed by this site.
Property (HM Land Registry)
1 registered title in England and Wales held by the charity’s company or corporate body (1 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.
Public profiles (found on the charity’s own website): facebook · instagram
Structured financials (annual return, FY ending 31/03/2025)
Cost of raising funds
£1.3m
Reported reserves equal ~0.9 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).
Per its annual return, largest income source: Charitable activities (59% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.
Per its annual return, cost of raising funds: 28.9% of total income — in the top quarter for charities its size (median 5.2%) (benchmarks).
Trustee list from the Charity Commission register (current, not historical).
Operates in: Worcestershire
Income and spending
Common questions
Is WORCESTERSHIRE YMCA LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the group reported an operating deficit of £292,419 for the year ended 31 March 2025, resulting in a decrease in total reserves to £2,954,660. The trustees and auditors confirm that the group is a going concern with no material uncertainties, despite a pension scheme deficit of £93,194 and a breach of financial covenants on one bank loan. Its FY2025 accounts were audited by Godfrey Wilson Limited.
Who funds WORCESTERSHIRE YMCA LIMITED?
Funders whose own accounts filings name WORCESTERSHIRE YMCA LIMITED as a grant recipient include THE EDWARD CADBURY CHARITABLE TRUST.
Known funders
Grants to this charity found in funders’ own accounts filings.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
Funders of similar charities
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Side by side with its peers
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