CHELTENHAM YMCA

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Hazlewoods LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors are satisfied that it is appropriate for the accounts to be prepared on a going concern basis.”

Significant events

• “The UK economy experienced a modest recovery in the first half of 2024, with GDP growth rates of 0.7% in Q1 and 0.5% in Q2. However, growth slowed significantly in the latter half of the year, with only a 0.1% increase in Q3.”
• “For 2025, the economy is forecasted to grow by around 2%, but inflation remains a concern, projected to stay above the Bank of England's 2% target.”
• “Utilities, also, create a significant additional financial pressure, with the System Average Price (SAP) of gas increasing by 47% over the rolling 12-month period corresponding to this report, and that of electricity increasing by 119%.”
• “The UK government has introduced significant stressors by way of its fiscal policies in their attempt to address economic challenges, including a £40 billion tax burden increase in the October 2024 Budget – due to be realised from April 2025.”
• “The government has also made a significant financial pledge of an additional £2 billion for social and affordable housing in 2025/26 – to deliver 1.5 million homes in the current parliament.”
• “regulation has increased in 2024/25 for the Sector, with additional entities such as the Housing Ombudsman being issued greater powers, an enhanced set of regulatory standards, and there being a requirement for housing sector practitioners to achieve minimum qualification standards for key personnel.”
• “Gloucestershire has been identified as one of the areas that will be subject to a restructure of local government into a single unitary authority. However, the means by which this may be achieved is not yet clear. The very earliest this could be achieved would be May 2026.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

10

last 12 months

Capital events

0

last 24 months

Officers appointed

4

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +21.1%

  £3,712,650 → £4,496,132

• Cash

  +7.5%

  £638,124 → £686,003

• Net assets

  +220.9%

  £1,871,194 → £6,004,668

• Employees

  +8.5%

  94 → 102

• Operating profit

  +132.5%

  -£136,618 → £44,362

• Profit before tax

  +2,398.1%

  £10,906 → £272,443

• Wages

  +19.6%

  £1,849,809 → £2,211,616

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers