Wye Gymnastics and Galaxy Cheerleading

Analysis

Wye Gymnastics and Galaxy Cheerleading is a registered charity in England and Wales, based in Portskewett. It was registered in March 2018, 8 years ago. Its declared purposes cover education/training, amateur sport, economic/community development/employment and recreation, which this site groups under amateur sport and recreation. Legally it is a charitable incorporated organisation (CIO). It says it provides buildings/facilities/open space, provides services and provides advocacy/advice/information.

In the financial year ending March 2025, Wye Gymnastics and Galaxy Cheerleading reported income of £535k and spending of £534k, spending 100% of its income. Across the 5 years on record, from March 2021 to March 2025, income grew from £217k to £535k (+146%), an average of +25% a year. The sharpest change came in the year to March 2024, when income rose by 42%. Over the whole period it spent 97% of the income it received.

Among 12,174 England and Wales charities whose main cause is amateur sport and recreation and that reported income, Wye Gymnastics and Galaxy Cheerleading sits at the 97th percentile: it is larger than about 97% of them. Against every charity in England and Wales with reported income it ranks in the 90th percentile. Charities of a similar size with the same main cause include Portsmouth School of Gymnastics (£534k), Newham Riding School and Association Limited (£538k) and Grenville House Outdoor Education Centre (£534k).

In its latest detailed accounts, income came from charitable activities 70%, trading 16% and donations and legacies 9.0%. Charitable activities took 0.0% of spending and raising funds 100%. Reserves of £67k would cover about 2 months of spending at that rate. It employed 33 people.