Inverness Gymnastics Club
Latest income
£322k
Latest spending
£296k
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that unrestricted reserves increased to £102,432, exceeding the targeted £30,000 build-up mentioned in the financial review. The charity reported a net income of £20,642 for the year, with total resources expended of £301,813 against total income of £322,455. The independent examiner confirmed that accounting records were kept and accounts prepared in accordance with regulations, with no material issues coming to their attention.
What the accounts disclose
Highest-paid employee band: £15,001 - £20,000
“John Humphries £16,667 (2024 £15,151), Kathryn Talbot-Heigh £4,860 (2024 £5,220).”
Per FY2025 accounts as filed with OSCR.
Related-party transaction: Payment for coaching services to Louise Humphries.
“Payments of £16,239.79 (2024 £6,326) were made to Louise Humphries for coaching throughout the year. These payments relate solely to coaching hours and are in line with all other coaches within the organisation” — page 11
Per FY2025 accounts as filed with OSCR.