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|Registered|Company|Company|No||||
|---|---|---|---|---|---|---|
|Registered|Charity No||||1002258||
|Directors|ftncluding||those who|served for any part ofthe Financial Year)|||
|Chair|||||Lynsay Shaw||
||||||Niget Clarke (resigned|l9/02/2022)|
|Tl'easurer|||||Weldon Ramirez||
|Other|||||Nisba Pujara (appointed|l9/02/2022)|
||||||Karsten Shaw||
|Principal Address and Registered ONce|||||186Christchurch
Avenue||
||||||Harrow||
||||||Middlesex
HA3 5BD||
|Key Personnel||and Professional||Advisers|||
|General Manager|||||Felicity Copp||
|Health, Safety||&Welfare ONcers|||Lynsay Shaw||
|Head Coach|||||Olivia Curran||
|Bankers|||||NatWest Bank Plc||
||||||80Shenley Road||
||||||Borebamwood||
||||||Hertfordshire
WD6 lDZ||
||||||United Trust Bank||
||||||1Ropemaker
Street||
||||||London EC2Y9AW||
||||||Hampshire
Trust Bank||
||||||PO Box74003||
||||||London EC2P 2QR||
||||||Cambridge
&Counties|Bank|
||||||Cbamwood
Court||
||||||5BNew Walk||
||||||Leicester LEl 6TE||
||||Citrus HR|||
|---|---|---|---|---|---|
|Human|Resources||ISECharles Street|||
||||Bath|||
||||BAI IHX|||
|Independent||Examiner|Stephen Meredith FCA|DChA||
||||Alllotts LLP|||
||||Chartered
Accountants|Imperial|House|
||||8Kean Street|||
||||London|||
||||%'C2B4AS|||
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||||Year to|Year to|Year to|Year to|Year to|Year to|Year to|
|---|---|---|---|---|---|---|---|---|---|
||||February|March|March|March|March|March|March|
||||2016|2017|2018|2019|2020|2021|2022|
|Recreational:||||||||||
|Playgym
(age||under 5years)|51|49|48|50|48|21|52|
|Pre-school|(ages 3 —5years)||191|201|202|170|157|0|127|
|Gymnastics|for Ail (ages 5 —15)||1,064|1,016|998|1,031|1,101|721|1,002|
|Adult
m|||49|48|32|35|32|24|46|
|Competitive
(including||Floor &Vault):||||||||
|Men's Artistic|||27|44|47|31|23|18|21|
|Women's
Artistic|||50|55|37|42|44|29|69|
|Total|||1,432|1,413|1,364|1,359|1,405|813|1,317|
##
|November|National|Development|Plan|l Individual|Silver —All Round||
|---|---|---|---|---|---|---|
||finals -|Elite||I Individual|Gold —All Round||
|||||Team Silver|||
|November|National|Development|Plan|2 Individual|Bronze —All Round||
||finals -|Club|||||
|||||Team Gold|||
|||||Team Silver|||
|September|London|Regional Qualifiers||6Individual|Gold medals —All|Round|
|||||5 Individual|Silver medals —All|Round|
|||||3 Individual|Bronze medals —All Round||
|||||In addition,|21 Gold Apparatus|medals were won,|
|||||13G mnasts|ualified to re resent London||
|September|Classic Challenge|Regional|Regional|2 Individual||Gold —All Round||||
|---|---|---|---|---|---|---|---|---|---|
||Qualifiers|||4 Individual||Silver —All Round||||
|||||I Individual||Bronze —All Round||||
|||||2 gymnasts||qualified
to represent|London|||
|October|Notts Open|||I Gold —All Round- Level 4||||||
|October|Regional Qualifiers|- Elite||I gymnast|passed compulsory
grade 3|||||
|December|Women' s' Artistic|British||One gymnast||competed
and finished top ten on||||
||Championships|||bars, the only piece she competed|||in.|||
|February|Pre-Grades
Competition||at|I Individual||Gold- All Round —Compulsory|||3|
||Amber Valley Gymnastics|||I Individual||Bronze —All Round|—Compulsory||3|
|||||1 Individual||Silver —All Round —National||4||
|||||I Individual||Gold —All Round-|Regional|I||
|March|2022 British Junior|||Our gymnast||finished
11~All Round and||qualified||
||Championships|||for two event finals (Vault &Bars)||||||
|March|Grades —Club|||4 Individual||Silver —All Round||||
|||||2 Individual||Bronze —All Round||||
|March|Grades —Elite|||I Individual||Silver —All Round||||
|||||I Individual||Bronze —All Round||||
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|HARROW SCHOOL OF GYMN
YEARTO31STMARCH 2022
Statement ofFinancial|HARROW SCHOOL OF GYMN
YEARTO31STMARCH 2022
Statement ofFinancial|ASTICS (A Co
Activities|mpany
Limited by|Guarantee)|||
|---|---|---|---|---|---|---|
|(Including
Income and Expenditure||Account)||||Unrestricted|
||||Notes|Unrestricted|Total Funds
Year ended|Funds Year
ended|
||||||31/03/22||
|||||||31/03/21|
|Income from:|||||||
|Donations||||||13|
|Charitable
activities||||707,386|707,386|89,967|
|Other incoming
resources||||49,450|49,450|4,948|
|Government
grants|received|||17,134|17,134|133,284|
|Grant income||||40,928|40,928||
|Investments||||2,406|2,406|6,380|
|Total Income||||817,315|817,315|234,592|
|Expenditure
on:|||||||
|Raising funds||||43,476|43,476|3,903|
|Charitable
Activities||||500,428|500,428|777,019|
|Total expenditure||||543,904|543,904|780,922|
|Net Income before|Transfers|||273,411|273,411|(546,330)|
|Transfer Between Funds|||||||
|Net movement
in Funds||||273,4I I|273,41I|(346,3303|
|Reconciliation
ofFunds|||||||
|Total funds brought|forward at I April 2021|||839,400|839,400|1,385,730|
|Total funds carried forward at 31 March 2022||||1,112,811|1,112,811|839,400|
##
|AS AT 31M
Balance|ARCH
Sheet|20|22||||||
|---|---|---|---|---|---|---|---|---|
|||||Notes||2022||2021|
|||||||E|||
|Fixed Assets|||||||||
|Tangible Assets||||||213,514||266,811|
|Current Assets|||||||||
|Stock|||||6,596||7,062||
|Debtors|||||83,561||29,403||
|Cash at bank|k in hand||||899,704||583,075||
||||||989,861||619,540||
|Current
Liabilities|||||||||
|Creditors: Amounts||falling due within one year|||90,564||46,951||
|Net Current|Assets|||||899,297||572,589|
|Total Net Assets||||||1,112,811||839,400|
|Funds|||||||||
|Unrestricted|-Invested||in Fixed Assets|||213,514||266,811|
|Unrestricted|- Free Reserves|||||899,297||572,589|
|Total Funds||||||I, 1 12,81 1||839,400|
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|Statem|ent ofCa|sh flows||||||||
|---|---|---|---|---|---|---|---|---|---|
||||||||2022||2021|
||||||Notes|||||
|Cash flows from operating
activities||||||||||
|Cash generated
from/(absorbed
by) operations|||||||318,356||(542,274)|
|Nct cash|inflow/(outflow)|from operating|activities||||318,356||(542274)|
|Investing|activities|||||||||
|Payments|to acquire fixed assets|||||(4,133)||(263,115)||
|Interest received||||||2,406||6380||
|Net cash|used in investing|activities|||||(1,727)||(256,735)|
|Net cash|(used in)/generated
from financing|||activities|||316,629||(799,009)|
|Net (decrease)/increase
in||cash and cash|equivalents||||316,629||(799,009)|
|Cash and|cash equivalents|at beginning ofyear|||||583,075||1,382,0&4|
|Cash and|cash equivalents|at end ofyear|||||$99,704||583,075|
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|1.10|Employee
benefits|||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
||The costofany unused
holiday entitlement
is recognised
in the period in which the employee's||services|||||||||
||arc received.|||||||||||
||Termination
benefits are recognised
immediately
as an expense when the charity is demonstrably||committed||to terminate|||the||||
||employmcnt
ofan employee or to provide termination
benefits.|||||||||||
||Rctireiueut
benefits|||||||||||
||Payments
to defined contribution
retirement
benelit schemes are charged as an expense as they||fell due.|||||||||
||Funds|||||||||||
||The operating
reserves src unrestricted
fimds which arc available
for use at the discretion|ofthe|Trustees|in|furtherance|||ofthe general||||
||objects ofthe charity and which have not been designated
for other purposes.|||||||||||
||Taxation|||||||||||
||No provision
for taxation arises on the income ofthe Charitable
Company
duc to its charitable||stutus,|||||||||
||Government
grants|||||||||||
||Government
grants received are recognised at the fair value ofthe asset received or receivable when there|||is reasonable||||assurance|||that the|
||grant conditions
will be met and the grants will be received. Government
grants relating|to revenue expcnditurc||||are recognised||||in|income|
||on asystematic
basis over the periods
m which the entity recognises the related costs for|which|the grant|is|intended||to compensate.|||||
||During thc year ending 3I March 2022 the Charitable
Company
received
KI7,134(202I|- f133,285) in respect||||ofthe|Coronavirus||||Job|
||Retention Scheme.|||||||||||
||Critical accounting
estimates snd judgements|||||||||||
||In the application ofthe charity's
accounting
policies, the Council ofManagement
are required||to make|||||||||
||judgements,
estimates
and assumptions
about the carrying amount ofassets and liabilities|that arc not||||||||||
||readily apparent
from other sources. The estimates
and associated
assumptions
sre based|on historical||||||||||
||experience and other factors that are considered
to be relevant.
Actual results may ditTer|from these||||||||||
||estimates.|||||||||||
||Thc estimates
and underlying
assumptions
are reviewed
on an ongoing basis. Revisions to accounting|||||||||||
||estimates
are recognised
in the period in which the estimate
is revised where the revision|affects only that||||||||||
||period, or in thc period ofthe revision
and future periods where the revision affects both|current|and future|||||||||
||periods.|||||||||||
||Critical judgements|||||||||||
||Tangible fixed assets|||||||||||
||Tangible fixed assets are recorded at cost less accumulated
depreciation
snd impairment
losses. Judgement
whether
there are indicators ofimpairment
ofthe company's
property,
plant and equipment.
Factors taken
such a decision include the economic viability
snd expected future linsncial
performance ofthe assets.|||is required
to determine
into consideration
in reaching||||||||
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|Expenditure|||||||||
|---|---|---|---|---|---|---|---|---|
|||||Staff Costs|Depreciation|Other|Total Year
ended|Total
Year
ended|
||||||||31/03/22||
|||||||||31103/21|
|||||||||f|
|Raising funds|||||||||
|Fundraising
Trading|- Costs ofGoods Sold|||||43,476|43,476|3,903|
|Charitable
Activities|||||||||
|Costs ofGymnastic|Coaching||||||||
|Service running
costs||||294,233|41,851|13,492|349,576|292,248|
|Premises costs||||6,956|15,579|40,296|62,831|430,609|
|Support costs||||64,495||20,136|84,631|51,042|
|Governance
Costs||||||3,390|3,390|3,120|
|||||365,684|57,430|77,314|500,428|777,019|
|Total Expenditure||||365,684|57,430|120,790|543,904|780,922|
|Other Costs|||||||||
|Governance
Costs include:|||||||||
|Independent
Examiner's||Remuneration|||||3,390|3,120|
|Employees|||||||||
||||||||2022|2021|
|Employment
Costs|||||||||
|Wages &Salaries|||||||341,560|293,167|
|Socia!Security Costs|||||||16,328|12,115|
|Other pension costs|||||||7.796|4,719|
||||||||363,664|3 10,001|
|The average number|of|persons employed|by||||||
|the Charitable
Company||during the year|was:||||Number|Number|
|Trustees|||||||||
|Coaches (mainly part-time)||||||||38|
|Administration|||||||||
||||||||46|43|
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|Tangible Fixed Assets|||||
|---|---|---|---|---|
||Leasehold||Fixtures,||
||Land &|Gymnasium|Fittings &|Total|
||Buildings|Equipment|Other|3]/03/22|
||||Equipment||
|Cost|||||
|As at
1 April 2021|155,444|280,207|120,697|556,348|
|Additions||3,317|816|4,133|
|As at 31 March 2022|155,444|283,524|121,513|560,481|
|Depreciation|||||
|As at 1 April 2021|155,443|103,160|30,934|289,537|
|Charged
in year||41,851|15,579|57,430|
|As at 31 March 2022|155,443|145,011|46,513|346,967|
|Net BookValue|||||
|As at 31 March 2021||177,047|89,763|266,811|
|As at 31 March 2022||138,513|75,000|213,514|
|Debtors|||||
||||2022|2021|
|All due within one year|||||
|Trade debtors|||78,545|5,311|
|Other debtors|||0|18,543|
|Prepayments|||5,016|5,549|
||||83,561|29,403|
|Creditors|||||
||||2022|2021|
|All due within one year|||||
|Fees received
in advance|||73,224|31,540|
|Trade and Other Creditors|||10,802|12,318|
|Taxes &Social Security Cost|||6,538|3,093|
||||90,564|46,951|
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|those ofthe charity in an independently
|those ofthe charity in an independently
|administered|fund.|||
|---|---|---|---|---|---|
|The charge to the Statement ofFinancial||Activities|in respect ofdefined contribution|schemes was K7,796(2021 - X4,719).||
|Cash generated
from opcratlons||||||
|||||2022|2021|
|Surplus/(deficit)
for the year||||273,411|(546,330)|
|Adjns/ments for:||||||
|Investments
income||||(2,406)|(6,380)|
|Depreciation oftangible
fixed assets||||57,430|33,006|
|Movements
/n ivor/dng
copi/o/3
~(increase)
in stock||||466|1,925|
|Decrease/(increase)
in trade and other debtors||||(54,158)|(20,545)|
|(Decrease)fincrcasc
m trade and other creditors||||43,613|(3,950)|
|Cash generated
from/(absorbed|by) operations|||318,356|~4242, 274|
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