CompADy 2585823 IEBglAnd and Wales) Re2tstered Charity 1002258 HARROW SCHOOL OF GYMNASTICS (A Company Umlted by GTfflaraDtee) REPORT OF ThE DtREcfoRS AND FINANCIAL STATEMENTS YEAR TO 31 MARCH 2023
HARROW scHL OF GYMNASTICS (A Compolly Umlte41 by GuJrnDtre) YEAR TO 31 MARCH 2023 PAGE COMPANY TrJFORMAllON io BALANCE SHEET 12 STATEMEFif OF CASH FLOWS 13 NOTES TO THE AccouNrs 1419 Paue 2
HARROW SCHOOL OF GYMNAsfJcs (A Compw Limited by G•arAD¢ee) COMPANY INFORMATION I lJlteEknOttdlldl¥ tlthE whoMr¥od forany prtofthtTrluttddYEr) RoA¢VlllllAw(Apykntedtl Febrnry2Q2 116 Cbrl¥t¢èur¢b Avtnut FeHdtyCopp ,. Hod CoA¢b ,' N#tw k¢ .' UDltsd ThutBaak | i R•p¢wker Strett ', Lolldokn EaY9AW PO Box741 | E(2P2QR , ethwlxldB¢& | SBN W•lk i L4lterLEi6fE Pag¢ 3
HARROW SCHiX)L OFGYMNAsfics (A CompAny Llwited by GuarAnlee) YL4R TO 31 MARCH 2023 DUr01<REPORT The Dlrortors present thelr reportand the flnandal statements for theyear ended 31 March 2023. I SThUCTURE. GOVERNANCEAND MANAGEMEiir Harn Sthool of Gymnasd¢s was founded In 1979 but moved to Its £llent slte In 1991. Hamiw Sthool of GnastCS Is a re8tstered charftyand Is also a company Ilmlted byguardnte& The members ofHarrow School of Gymnast1 are the nnasts or. In the case of a gymnast under the age of IB years. a paTenL The Dlrectors of Harrow Sthool of Gymnasttcs are also th• charlty trustses. They are volunt¢er members who are elerted at the Annual G¥neral Meetlngby members present atthe meetln& One-thlrd ofthe Dlrector5 are requlred to rettre each yearand may offer themselves for redecdon. As well as admlnlstradve tasks the Dlrertors are responslble for the strateC dIrertlo malor dedslons of th¢ school and the generatIon and condnuous revlew of sthool polldes. They also work closely wEth the General Managerand coaches to generate and monltorthe sthool development plaTL Theyalsohave overall responslblllty for Human Resources wtthln the sch¢)ol. However. operdt5onal and day-to48y management Is delegat¢d to the General Manager. Dlrectors can be members ofthe 8ym orparents oflunlor memberswho take part In elther Ceneral Gymnasucs or Competltlve Gymnastlcs. Non-members may also be appolnted as Assodate Dlrectors. but they would not have anyvodn8 rIghts. All dlrertors #re requlred to sl8n the Dlrertors. Code of Condurtand a Declarntton of Interest& The representatlve on th¢ Board of DIrectO f0rHea1and Welfare ts currently Lynsay Shaw. Harn)wSchool ofGymnasdcs Is 8ffillat¢d wlth Brltlsh Gymnastlcs. the governlng body for th• sporrofgsrynnasdcs In the Unft¢d Klngdom. 2 OBIEcfivESANDAcrMWFS The obJertlve set out In the Memorandum ofAssodatlon ts the provfislon ofgymna5tlccoachlngand kdlltle& The mlsslon of Harrow School of GnnascS Is to provfde 'Gymnastlcs of the hl8hest standard for all. wlthln Its geographic area ofoper4tlons. IA.the knndon Borough of Harrow and surroundlng areas Harrow School ofGymnasttcs provldes gnas£S coachlng In two broad cate8Ortes: Recreattonal gymnastlcs (atso known as General Gymna5tl¢s orGymn4Stlcs forAlI): typlcally.ln dasses of one hour ptrweek for all ages from toddlers to adult& Competldve &vmnastlcs: two separatr squads Imen 5 Arttsttcand Women's Artlstlc} for age 5 up to early ZO'S. trdlnlng for up to 20 hours perweek 3 ACHIEVEMENTS AND PERFORMANCE Harrow School of Gymnastlcs contlnues to be well-used by the ¢ommunlty. The Dlr¢rtors ¢ontlnue worklng towards a 501udon wlth Harrow Councu whlch wlll InLT8asethe1rPaCltytO meet the intteaslngdernan
HARROW SCHOOL OFGYMNASIICS (A CIMnp#tty lknltrd by Gwamtee) Year to Mwth 2017 Year to YÈarto March 2019 Yearto March 2020 Yeaf to Marth 2021 Year to Marth Year to March 2023 20 Reryeatlonal: Pl•y Aym l•0• under 5 years) Pr001 lages 3-5 years) Gymnastics forAII la8es 5- 151 Adult Competltlve Ilndudiw Floor & Vault): Men's Artistic Wom•n'$ Artlstlc 21 52 127 L002 201 L016 202 170 L031 35 157 LIOI 32 721 24 L139 32 47 37 31 42 21 69 21 42 Total L359 813 L317 1.436 In addluon to r•8ularymnastks tralnln84nd da$th•re were: 1. 136 Partles ofup to40 thl1drn (85 In 2021122) 52 Trsln and Hay sesslons (41 In 2021122) In ddldon to the abov•_ Thr•• Brftlsh Gymnastlu wthlngcourn wyre host Four of th• dub's coaches raln•d a G•nernl Gymnasycs Iml I coathlng quallficatlo Three ofth• club's coaches gaIn a Gen•rnl Gymnasllcs Iml 2 CYbAthln8qualfftodo The club h•ld th• r¢8Eonal tralnlng sesslon for Londo 3.1 HHLIGIrlsIN GyMNAsncsFOkAu (FORMERLYKNOWN AsGENEftALGYMIIAsncs) 2022123 352 &vmnuts compted at th• aub Champlonshlp$1238 In 2021120221 Gymnasts orth• Year Nlkhll Dlxltand Sl•nM H•nson-Palsl•y. aub c04¢h of the ywar was Cat Uttle. 3.2 HIGHUGirrs IN COMpEfiTIVE GypANLrn 2022/23 Aprll 2 Indfvidual Sljver mtdals 25 tDdividt4] Gold meda15 18 Indiviibjal Silver medats 14 lttdivi¢bJat Br(m medals Pgus Vak Cup I Indivi Silver JDed 2 IDdividual Silv¢rmedals to P6
HARROW SCEOOL OF GYMNASTI(3 IA CompDy lamtted by Gurnntee) Nadona] Fltlals In additioo I boy earned a space in the reward camp at LI]lesbl Aprll Elhe Gr8des Regionats I IDdlvldua) Sllvcrmeilal September I I Indlvidual Gold medals 12 Inthvidual Silver medals 10 tndlvidual Bronze medats Cl&8slc Cha]len8e October Amber Valley Open and Notts 7 individual Gold medals 6 Indlvldual Silvermedals November Level 3 N8donal FIDals Decembet I Indlvldual Sllverm¢dRi tro Cup I IDdlvldual Sllvermed&l Brltlsh Champlonsblps I tndlvldual Bron medal ID addltlon to the above resujty ODC of the club's boys ts kn the GB Top Squad and one of the ¢Mb's 8trts ts OD the GB JuDlorSquad Another one ofthe club's 8lrb attrnded the PaD Games kn BrazJL 4 PUBUC BENEFrr The trnsteesconflrm thatthtyh1 rnforred to th• Charltycommlsslon's gtnèr#l guldance on publlcb•n•fltwhen revlewlng thg charltys alms and obffiertlv¢s and In plannlng future artlvldes. Dlscounted ratss ar• offer•d to Indlvlduals where famlll¢s ar• In hardshl Tho club provldes free ymnasdc stsslon$ to Spedal Needs Schools In th• Harrowarea and dl8countsd 8ymnastlc sesslons at 50% to Spodal N¢•ds Schools In the Hlllln8don/Brnntar•g. Durlng th• year... The Club hosted three H8m)w school competldons. There re 18 Kymna5tlc sesslons provlded free of charye to Spedal Need5 School& The elub also proVId ludg•s frne of charye for th¢ Hamm Quollflers. for th• knndon rnlnl-88m schools compeUdorL Free gym s•s$lons ar•aisodonat¢d to local sthools as prlzes In thelr f•t
HARROW SCHOOL OF GYMNAfflCS (A CompAtsy Llmlted by GTrle?) The flnanclal results for the yearts 31 March 2023 are setouton pages 9 to 17. Fundln81s from M¢MrS via fees wlth a Small amount of addlttonal fvndrdlslng to supportspedflc areas ofour work All fundlng goes toward5 the Provlslon of tralnlngand tralnlng-related facllldes and tqulpmenL Unrestrfrted Income was £803.046 compared wlth É817J15 In 2021122. whll* related expendlture was £654,865 compared £543,904 In 2021122. There was an Qxcess of Income ovèr endItUre of £148,181 compared wlth E273hll In 2021122. whlch has been added to unre$Cted reserve& There Is no re5tr1cted reseNe balance at theend of th¢ year. TheDlr¥crors canyoutanannual r¥vlewof Hamwischool ofGymnast1frne reserves pollcylnthe118htofknown rlsks and future plans. Free reserves are those funds which are not commltted to speclflc proJerts or Invested In flxed assets. The Dlroctors have establlshed a pollcy that Harrow School of Gymnasttcs should have a mlnlmum free reseThve of sfx months budgeted expend1. whlch ts approxlmately £250.000. Thls WUI enable Harrow School of Gymnastlcs to meet Its obledIves If It faces a loss of Income or unexpected Increases In unfvnded costs The total free reserves at 31 Marrh 2023 were £1.089.66 ACHvEmE1YS OFTHE BOARDOF DIRECTORS IN 2022123 The GnMark accredltatlon was malntaln¢d from Brftlsh Gymnasdcs Th• dlre¢wr& contlnue to revlewof the governance of the cluband Implementlmprovements. PoR[Ls FOR 2023124 The overrfdlng prlorIty of the Dlrectors condnues to be to ensure the smooth runnlng of the gymnastlcs school and to ensure the welfare, care and securlty of members and staff. In add1t10 Dlr¢rtors wlll conttnue to determlne strategy of the sym and contInue to develop the offerlng of the schooL ¢nsurfng personal dev•lopm•ntofcoaches and Work towards hlgh satlsfartlon of member5 and &vmnasts. Harrow School of Gynin8stlcs wlll embark on generddng a greater presence of the club through brandingand otherpubllc relatlons actlvlde& Ham)w School of Gymnasdcs wlll conttnue bulldlng relatlonshlps the local communlty Indudln8 sdiools and other sportlng oryantsatlons to ensure that It benefits not lust its members but the whole mmunlry In Hamiwand the surroundIng aroa Harrow Stho(A ofGymnartl¢s wlll host all HaThw prtmaryand hlgh school competttlons. Ham>wSthool of Gymnastlcs wlll be hostIng BritIsh GymDastlcs coa¢hlngcourse& Harrowschools ofGymnastlcs wlll be •nd•avorfng to host Men's Arttstlc RegIOn competltlons. Page 8
HARROW sCHL OFGYP•ThAsfi(5 IA Compuy by G•rntte) The dlrertors are responslble for preparlDgtheAnaDdal statementsln accordancewlth applicable iawand Unlted Klngdom G¢nerallyAccept¢d Accoundn8 Practt Company iawrequlred the dtrector5 ID prepare finand ststemonts foreach Ilnandal year.whlth glve a tn and falrvlew ofthesrate ofaffalrs ofthe charftablecompanyasatthe balance sheet dateand oflts Incomlng resources and appllcatlonofresources.Indudlnglncome and expendtbwe. for the 1]nanYear. In preparlng those finandal statements. the d1recr0ryJa reqUId to: sdertsuitsble accouDtln8 polldes and thenapply them conskntly: make Judgements and ¢stSm¥tes thatare reasonable and prnd¢nt state whether appllcable accounllng thndards and statements of recommended prnctlce Iwe been followed. sublect to anydepartsires dlsdosed and explalned In the flnandal statements: and prepare the ftnandal statements on the 8oln8concernbasts unless Itls InappropTlat¢ tt• presume thatthe tharltable company will mntlnue ID operadorL Thedlrectorsare rnsponslble formalntalnln8 propera¢countln8recordswhlth dlsdose.wlth reasonable8ccurary at any tlme. the flnanclai posldon of the ¢harftable company. and enable them to ensure that the flnanclai statements complywlth the Comwies Art 200& The directors are also r*Sponb]e for safeguardlng the assets of the charftable company and hence for reasonable steps for the proventton and detectton of fraud and other IWarttle& Lynsayshaw
I reportto the charfty1nOll my &Tamlnadon ofthe accounts of Harrowsthool ofGymnastlcs for
the yearended 31 March 2023. whlch comprlse the StstementofFlnandal Artlvltte5 Indudlng Income
and ExpendItu. the Balance SheeL&atement ofcash flows and the relat¢d These finandal
Stat¢ments have been prepared underthe aca>untlJ)8polldes set outtherel
Thetrllsts (whgare also thedirertopJofthecompanyfortheputPLU50f mJnpa]rylaw)yoMar¢ responslble forthe
prgparation ofth• finarKial statements th acc0tdatt with the requirem•nts ofthe Companles Act 2006 Cthe 2006
Havln8 saiisfied rny5elf that the ao)Junts rfthe dnIable¢opallYarp not required ty be audited underPart 16 tsf
th0 2006 art and are allTrIe for intyndent exam1oai I report in r•W of njy WAamlnatlon ofyour charitys
acffjunts as arried out underSe¢tkn 145 of chatill Art 2011 (the'2011 In carryin8 Out my •xaminadon I
havefolknved the DlredioDs8ivBD bythe Cknitycowisth ulldersectiOD 145(5)(b) ofthe 2011 ACL
Sln¢¢ the ¢ompatys 8rnss in(•m• exceeded £250.tX)O yow examiner must be a member ora body listd In sertio
145ofthe2011A¢LI rnnfjrnth•tl qUalifiedundertake theexamiMdotsb¢¢au5• Iama memberofthe Ins¢ltr
I have completsd nrAtiO I CODfinn that nutters ha como tsi w aitonllon Connection wlth the
l) r?rdst rtotkeptin rweLtofthe
IIARROW SCHOOL OFGYMP41Cs{A Cornpw ijmtted by C•arM•) YEAR TO 31ST MARCH 20L• Statement of Financial Aetivrties Totsl Funds Year ended 31103122 Dre5tricted) 31103123 Clwitsble acliviues 747A79 747.879 707J86 49.450 17.133 VA13.046 803.(46 817JlS 41109 611756 4LI(VJ 43.476 51X).428 611756 654.865 654.865 543y 14&181 273.411 14&181 148.181 273.411 Totsi briw f(ntyTd at i A1 2 1.111811 1260992 1260.992 839.400
AS AT 31 MARCH 20LI Balance Sheet 2022 Tawble Assets 171J29 213.514 Stock 6280 93261 1.093.716 1,193257 $96 83561 899.704 989.861 C4sh at ttk & iti hatrj Current Ll•blllties 103J94 90564 1,089,663 899297 Total Aswts 1260,W2 1.112,811 171J29 1.089.663 I292 213.514 8992 1,111811 Totsl Page 12
BARROW SCHOOLOF GYMNASTICS (A CompJDyLkDlttd byCu•r4D*t) ststement of Caslfflows li 205182 318J56 Net¢wsb llllowlloutllow) froo ow•tlo8 aedvltlt4 205.882 31&356 {16J14) {4.133) 141)6 (11.870) {i.n7) 194.012 31(629 194.012 316,629 899.704 5%3,073 Cub e41¥alldIell of year 1093,716
YEAR To31 MAR(M 201) firA l JuKy2019I The<b#tiy i%&Pdblic byFRS 101 IJ CbtiritsNe
YEAR1D31 MARCZ 2
Lll 31 Mu¢b2023 th¢awti•trkCur•w rtwir441 a022.£17.1331 in rwofthr c1ftYj0b
4RROW SCHOOLOF CIWNASTICSIA CompDy LINlledlry Gwrmtre) YEAR TO 31ST MARCH 21Tr23 NOTES TO THEACCOU14TS{¢oDttMe Totsl Yt*r T•tsl sthircojts D¢pTheioll•tt 31)Z 41109 42.109 41476 CknrttrtbleAthilies 371068 11.734 81.817 43.012 15.687 23.333 39.1(WJ 21.696 438.413 66J30 103J13 349576 61831 84.631 3.390 5(4428 465.619 51699 88.438 612.756 465,619 58.699 130J47 654.865 J43. Employ 436,852 21.960 6.807 463.619 341.J 1&328 365,084 Coth (MÈDIY pm41e) 39 41 witb &TnLStce f4r to fthl12022. £nil). No teimbunewt of W%JEmodeto the ttu51tes12022. £Nill. Ntroth¢rmDwncrniiofk w&8 mode th TDJstees dlltttigth¢ 12022-£NfiI.
NiyfESTO THE ACCOUf4f6 Totsl 311(J3n3 As at l Awll 2. as fes*d Additio 155.444 279.635 IA133 1858) 294910 121513 381 556.592 16.514 (858) 57U48 As at 31 M#¢h2023 155.444 121.894 As #t i Awil 2022. as resthted 155.443 141.122 43.012 {858) 183376 46.513 15M7 343.078 S899 (858) 400.919 As * 31 Much 2023 155.443 612(Kl r4¢t Bookvthe As at31 Mwrh 2022 As at 31 Mah 2023 138J13 75.iYXI 59.694 213.514 171J29 .719 5542 93261 7&545 5,016 83.561 11782 I4,10 5.912 103.594 73224 IOA02 6,538 90J64
3110 1260.992 I.992 TLtsI FuTrds 148,181 Trth131MYII J71J29 171329 1.191257 (1035941 171J19 1.193357 (1035941 1260992 101.7 li 144185 271411 37.430 316 {54.158) I315 I530 318J56