Waveney Gymnastics Club

Analysis

Waveney Gymnastics Club is a registered charity in England and Wales, based in Lowestoft. It was registered in January 2006, 20 years ago. Its declared purposes cover education/training and amateur sport, which this site groups under amateur sport and recreation. Legally it is a charitable company (Companies House number 05588094). It says it provides human resources and provides buildings/facilities/open space.

In the financial year ending December 2025, Waveney Gymnastics Club reported income of £771k and spending of £712k, spending 92% of its income. Across the 5 years on record, from December 2021 to December 2025, income grew from £487k to £771k (+58%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 23%. Over the whole period it spent 99% of the income it received.

Among 12,174 England and Wales charities whose main cause is amateur sport and recreation and that reported income, Waveney Gymnastics Club sits at the 98th percentile: it is larger than about 98% of them. Against every charity in England and Wales with reported income it ranks in the 92nd percentile. Charities of a similar size with the same main cause include Sports Partnership Herefordshire and Worcestershire (£768k), Great Driffield AFC (£771k) and Erewash Valley Gymnastics Club Ltd (£767k).

In its latest detailed accounts, income came from charitable activities 83%, donations and legacies 12% and trading 5.2%. Charitable activities took 96% of spending and raising funds 3.6%. Reserves of £104k would cover about 2 months of spending at that rate. It employed 36 people.