YMCA THAMES GATEWAY

• ◆

  Audit opinion: Qualified

  Latest auditor's report carried a non-clean opinion.

• ◆

  7 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

1. YMCA THAMES GATEWAY 2015-07-20 → present
2. ROMFORD YMCA 2007-02-13 → 2015-07-20

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

Consolidated group

Auditor

HW Fisher Audit

Audit opinion

Qualified

Going concern

Affirmed

“On the basis of this assessment, the Trustees have a reasonable expectation that the Group and Parent have adequate resources to continue in operational existence for the foreseeable future and to meet its liabilities as they fall due and thus consider it appropriate to continue to adopt the going concern basis in preparing the financial statements.”

Group structure

1. YMCA THAMES GATEWAY · parent
   1. West Kent YMCA Trading Limited
   2. The Bridge Trust Corporation
   3. West Kent YMCA Academy Trust Ltd
   4. YMCA West Kent
   5. YMCA Thames Gateway Youth Ltd

Significant events

• “Closure of our main youth hub in Greenwich following the discovery of Reinforced Aerated Autoclaved Concrete (RAAC).”
• “A prior year adjustment has been made in the accounts to capture obligations under the lease associated with rectifying the problem and the impairment of the value of the fixed asset.”
• “Working with the Royal Borough of Greenwich to come to agreement on payment plan for historic gas recharges at our leased housing provisions at Defiance Walk and Sarah Turnbull House. The liability (£285k) has been fully recognised in the accounts.”
• “In January 2026, the Charity secured planning consent and approval for a Greater London Authority (GLA) grant to deliver a new replacement hostel at its Romford site.”
• “In early April 2026 the Regulator of Social Housing (RSH) placed the Charity under a gradings review, following a review process that had started in late 2025 and triggered by the late filing of the 22/23 accounts.”
• “The Trustees have established a new youth-focused subsidiary to support the organisation's charitable youth work. YMCA Thames Gateway Youth Ltd will enable access to grant funding that is currently unavailable due to turnover ceilings.”
• “The Group completed the sale and transfer of its childcare provision, Temple Hill Nursery, as a going concern for £11k.”
• “A number of property sales have been completed with a combined net book value of £1.2m, generating approximately £1.4m.”
• “To further support working capital, the Group secured an additional £750k revolving credit facility (RCF) from The Charity Bank. Of this, £250k had been repaid by 31 March 2026, with the remaining £500k due for repayment by 30 June 2026.”

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

Filings

20

last 12 months

Capital events

0

last 24 months

Officers appointed

8

last 12 months

Officers resigned

7

last 12 months

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