| Trllstees | |
|---|---|
| VRBartlett | |
| GJDennis | |
| SFidgett (resigned 7.3.23) | |
| THDMoore | |
| CWright (appointed 20.9.22) | |
| BCummings (appointed |
7.3.23) |
| KGLaing (appointed 7.3.23) | |
| SJHough (resigned 4.1.23) | |
| CLoughlin (resigned 18.10.21) |
|
| AJWelsh (resigned 10.9.22) | |
| Auditors | |
| Harris Lacey and Swain | |
| Chartered Accountants |
and Statutory Auditors |
| Suite I | |
| The Riverside Building | |
| Hessle | |
| East Yorkshire | |
| HU13 ODZ | |
| Solicitors | |
| Brain Chase | |
| Coles | |
| Wote Street | |
| Basingstoke | |
| Club Manager | |
| Jon Fuller (Resigned effective April 2022) | |
| Carl Dunne (Appointed | effective April 2022) |
| Administration Manager |
|
| Karen Rawson |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| fund | funds | funds | funds | |||
| Notes | ||||||
| INCOME AND ENDOWMENTS FROM | ||||||
| Donations and legacies |
2 | 36,249 | 93,356 | 129,605 | 345,$52 | |
| Charitable activities |
||||||
| Provision ofgymnastic | facilities | 766,132 | 766,132 | 508,464 | ||
| Other trading activities |
3 | $1,826 | 81,826 | 36,071 | ||
| Investment income |
4 | 24 | 24 | 8 | ||
| Total | 8$4,231 | 93,356 | 977,587 | 890,395 | ||
| EXPENDITURE ON | ||||||
| Raising funds | 6 | 33,812 | (4,525) | 29,287 | 10,393 | |
| Charitable activities |
7 | |||||
| Provision ofgymnastic | facilities | 1,032,256 | 3,571 | 1,035,827 | 914,650 | |
| Other | 45,264 | |||||
| Total | 1,066,068 | (954) | 1,065,114 | 970,307 | ||
| NET INCOME/(EXPENDITURE) | (1$1,837) | 94,310 | (87,527) | (79,912) | ||
| RECONCILIATION | OFFUNDS | |||||
| Total funds brought forward |
(84,394) | 105,360 | 20,966 | 100,878 | ||
| TOTAL FUNDS CARRIED FORWARD | (266,231) | 199,670 | (66,561) | 20,966 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| fund | funds | funds | funds | ||
| Notes | 6 | f. | |||
| FIXEDASSETS | |||||
| Tangible assets | 13 | 18,142 | 290,122 | 308,264 | 407,574 |
| CURRENT ASSETS | |||||
| Stocks | 14 | 3,713 | 3,713 | 2,110 | |
| Debtors | 15 | 1,993 | 1,993 | 8,687 | |
| Cash at bank and in hand | 256,747 | (90,453) | 166,294 | 315,838 | |
| 262,453 | (90,453) | 172,000 | 326,635 | ||
| CREDITORS | |||||
| Amounts falling due within one year |
16 | (114,101) | 1 | (114,100) | (141,260) |
| NET CURRENT ASSETS | 148,352 | (90,452) | 57,900 | 185,375 | |
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | 166,494 | 199,670 | 366,164 | 592,949 | |
| CREDITORS | |||||
| Amounts falling due after more than one year |
17 | (157,629) | (157,629) | (203,531) | |
| PROVISIONS FORLIABILITIES | 19 | (47,500) | (47,500) | (47,500) | |
| ACCRUALS AND DEFERRED INCOME | 20 | (227,596) | (227,596) | (320,952) | |
| NET ASSETS | (266,231) | 199,670 | (66,561) | 20,966 | |
| FUNDS | 21 | ||||
| Unrestricted funds |
(266,231) | (84,394) | |||
| Restricted funds | 199,670 | 105,360 | |||
| TOTALFUNDS | (66,561) | 20,966 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| Notes | ||||||
| Cash flows from operating | activities | |||||
| Cash generated &om operations |
(96,096) | 236,893 | ||||
| Interest paid | (3,495) | |||||
| Net cash (used in)/provided | by operating | activities | (99,591) | 236,893 | ||
| Cash flows from investing | activities | |||||
| Purchase oftangible fixed |
assets | (29,475) | (65,480) | |||
| Saleoftangible fixed assets | 3,500 | |||||
| Interest received | 24 | |||||
| Net cash used in investing | activities | (25,951) | (65,472) | |||
| Cash flows from financing | activities | |||||
| Loan repayments in year |
(24,002) | |||||
| Net cash (used in)/provided | by financing | activities | (24,002) | |||
| Change in cash and cash | equivalents | in | ||||
| the reporting period | (149,544) | 171,421 | ||||
| Cash and cash equivalents | at the | |||||
| beginning ofthe reporting | period | 315,838 | 144,417 | |||
| Cash and cash equivalents | at the end | of | ||||
| the reporting period |
166,294 | 315,838 |
| 2022 | 2021 | |||||||
|---|---|---|---|---|---|---|---|---|
| Net expenditure | for the | reporting | period (asper the Statement of | |||||
| Financial Activities) | (87,527) | (79,912) | ||||||
| Adjustments | for: | |||||||
| Depreciation | charges | 128,785 | 125,346 | |||||
| Profit on disposal | offixed assets | (3,500) | ||||||
| Interest received | (24) | (8) | ||||||
| Interest paid | 3,495 | |||||||
| Purchase of | fixed | assets | 65,480 | |||||
| (Increase)/decrease | in stocks | (1,603) | 1,906 | |||||
| Decrease/(increase) | in debtors | 6,694 | (3,690) | |||||
| (Decrease)/increase | in creditors | (142,416) | 127,771 | |||||
| Net cash (used in)/provided | by operations | (96,096) | 236,893 | |||||
| ANALYSIS | OFCHANGES | IN NET FUNDS/(DEBT) | ||||||
| At | 1.9.21 | Cash flow | At 31.8.22 | |||||
| 6 | ||||||||
| Net cash | ||||||||
| Cash at bank | and in hand | 315,838 | (149,544) | 166,294 | ||||
| 315,838 | (149,544) | 166,294 | ||||||
| Debt | ||||||||
| Debts falling | due within | 1 year | (24,050) | (21,900) | (45,950) | |||
| Debts falling | due after 1 | year | (203,531) | 45,902 | (157,629) | |||
| (227,581) | 24,002 | (203,579) | ||||||
| Total | 88,257 | (125,542) | (37,285) |
| DONATIONS AND LE | GACIES | ||
|---|---|---|---|
| 2022 | 2021f | ||
| Grants | 127,356 | 166,105 | |
| Job Retention Scheme | 2,249 | 179,747 | |
| 129,605 | 345,852 | ||
| Grants received, included | in the above, are as follows: | ||
| 2022 | 2021 | ||
| ALC Grant | 93,356 | 82,542 | |
| BAGA Grant | 13,478 | ||
| BkD Council Grant | 28,000 | 28,000 | |
| Other Grants | 6,000 | 42,085 | |
| 127,356 | 166,105 |
| OTHER TRADING ACTI | VITIES | ||||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| Sponsorships | 1,719 | 10,481 | |||
| Shop income | 9,430 | 3,690 | |||
| Cafe income | 2,635 | 101 | |||
| Fundraising events |
18,049 | 4,896 | |||
| Birthday parties |
11,223 | ||||
| Room and coach hire | 4,020 | 16,227 | |||
| Other income | 966 | 676 | |||
| Holiday club | 33,784 | ||||
| 81,826 | 36,071 | ||||
| 4. | INVESTMENT INCOME | ||||
| 2022 | 2021 | ||||
| Interest receivable - trading | 24 | 8 | |||
| 5. | INCOME FROM CHARITABLE ACTIVITIES | ||||
| 2022 | 2021 | ||||
| f, | |||||
| Gymnastic feestt |
|||||
| subscription | Provision ofgymnastic | facilities | 742,838 | 506,178 | |
| Gymnastic competitions |
Provision ofgymnastic | facilities | 23,294 | 2,286 | |
| 766,132 | 508,464 | ||||
| RAISING FUNDS | |||||
| Other trading activities | |||||
| 2022 | 2021 | ||||
| Purchases | 14,293 | 8,379 | |||
| Bad debts | 1,700 | ||||
| Other costs | 4,621 | 525 | |||
| Events costs | 4,904 | 1,194 | |||
| Holiday club costs |
274 | 295 | |||
| Interest payable and similar |
charges | 3,495 | |||
| 29,287 | 10,393 |
| Support | ||||||
|---|---|---|---|---|---|---|
| Direct | costs (see | |||||
| Costs | note 8) | Totals | ||||
| Provision ofgymnastic | facilities | 893,453 | 142,374 | 1,035,827 | ||
| 8. | SUPPORT COSTS | |||||
| Governance | ||||||
| Management | Finance | costs | Totals | |||
| 6 | f, | |||||
| Provision ofgymnastic | facilities | 115,687 | 21,167 | 5,520 | 142,374 | |
| 9. | NET INCOME/(EXPENDITURE) | |||||
| Net income/(expenditure) | is stated afier charging/(crediting): | |||||
| 2022 | 2021 | |||||
| Auditors' remuneration |
5,520 | 3,360 | ||||
| Depreciation - owned assets | 128,785 | 125,346 | ||||
| Surplus on disposal offixed assets | (3,500) |
| STAFF COSTS | |||||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| Wages and salaries | 612,400 | 561,551 | |||
| Social security costs | 42,169 | 30,662 | |||
| Other pension costs | 14,514 | 12,437 | |||
| 669,083 | 604,650 | ||||
| The average monthly | number ofemployees | during the year was as follows: | |||
| 2022 | 2021 | ||||
| Average number ofstafF |
43 | 66 | |||
| No employees received emoluments | in excess of660,000. |
| Unrestricted | Restricted | Total | ||
|---|---|---|---|---|
| fund | funds | funds | ||
| INCOME AND ENDOWMENTS FROM | ||||
| Donations and legacies |
249,831 | 96,021 | 345,852 | |
| Charitable activities |
||||
| Provision ofgymnastic | facilities | 508,464 | 508,464 | |
| Other trading activities | 36,071 | 36,071 | ||
| Investment income |
8 | 8 | ||
| Total | 794,374 | 96,021 | 890,395 | |
| EXPENDITURE ON | ||||
| Raising funds | 10,393 | 10,393 | ||
| Charitable activities |
||||
| Provision ofgymnastic | facilities | 912,141 | 2,509 | 914,650 |
| Other | 45,264 | 45,264 | ||
| Total | 967,798 | 2,509 | 970,307 | |
| NET INCOME/(EXPENDITURE) | (173,424) | 93,512 | (79,912) | |
| RECONCILIATION | OFFUNDS | |||
| Total funds brought forward |
89,029 | 11,849 | 100,878 | |
| TOTAL FUNDS CARRIED FORWARD | (84,395) | 105,361 | 20,966 |
| TANGIBLE FIXEDASSETS | |||
|---|---|---|---|
| Long | Improvements | Plant and | |
| leasehold | to property | machinery | |
| 8 | |||
| COST | |||
| At 1 September 2021 | 1,631,814 | 151,871 | 296,684 |
| Additions | 5,851 | 16,693 | |
| At 31August 2022 | 1,631,$14 | 157,722 | 313,377 |
| DEPRECIATION | |||
| At 1 September 2021 | 1,316,472 | 120,345 | 235,977 |
| Charge for year | 81,590 | 15,773 | 29,112 |
| At 31August 2022 | 1,398,062 | 136,118 | 265,089 |
| NKT BOOKVALUE | |||
| At 31August 2022 | 233,752 | 21,604 | 48,28$ |
| At 31August 2021 | 315,342 | 31,526 | 60,707 |
| Fixtures | |||
| slid | Computer | ||
| fittings | equipment | Totals | |
| COST | |||
| At 1 September 2021 | 23,311 | 21,317 | 2,124,997 |
| Additions | 6,931 | 29,475 | |
| At 31 August 2022 | 23,311 | 28,248 | 2,154,472 |
| DEPRECIATION | |||
| At 1 September 2021 | 23,311 | 21,318 | 1,717,423 |
| Charge for year | 2,310 | 128,785 | |
| At 31August 2022 | 23,311 | 23,628 | 1,846,208 |
| NET BOOK VALUE | |||
| At 31August 2022 | 4,620 | 308,264 | |
| At 31 August 2021 | (I) | 407,574 |
| 14. | STOCKS | ||
|---|---|---|---|
| 2022 | 2021 | ||
| Stocks | 3,713 | 2,110 | |
| 15. | DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
| 2022 | 2021 | ||
| Trade debtors | 795 | 120 | |
| Other debtors | 663 | 3,067 | |
| Prepayments | 535 | 5,500 | |
| 1,993 | 8,687 | ||
| 16. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
| 2022 | 2021 | ||
| Other loans (see note 18) | 45,950 | 24,050 | |
| Trade creditors | 11,598 | 92,240 | |
| Social security and other taxes | 9,579 | 10,633 | |
| Other creditors | 7,403 | 4,772 | |
| Accrued expenses | 39,570 | 9,565 | |
| 114,100 | 141,260 | ||
| 17. | CREDITORS: AMOUNTS FALLING DUE AFTERMORE THAN ONE YEAR | ||
| 2022 | 2021 | ||
| 6 | |||
| Other loans (see note 18) | 157,629 | 203,531 | |
| 18. | LOANS | ||
| An analysis ofthe maturity ofloans is given below: | |||
| 2022 | 2021 | ||
| 6 | |||
| Amounts falling due within one year on demand: |
|||
| Other loans | 45,950 | 24,050 | |
| Amounts falling due between two and five years: |
|||
| Other loans - 2-5 years | 157,629 | 203,531 |
| 2022 | 2021 | |||||||
|---|---|---|---|---|---|---|---|---|
| Provisions | 47,500 | 47,500 | ||||||
| 20. | ACCRUALS | AND DEFERRED INCOME | ||||||
| 2022 | 2021 | |||||||
| Deferred government |
grants | 227,596 | 320,952 | |||||
| 21. | MOVEMENT | IN FUNDS | ||||||
| Net | ||||||||
| movement | ||||||||
| At 1.9.21 | in funds | At 31.8.22 | ||||||
| Unrestricted | funds | |||||||
| General fund | (84,394) | (181,837) | (266,231) | |||||
| Restricted funds | ||||||||
| Building fund | 25,625 | (1,853) | 23,772 | |||||
| Leasehold fund |
82,542 | 93,356 | 175,898 | |||||
| Equipment replacement |
(2,859) | 2,859 | ||||||
| Sport England | 52 | (52) | ||||||
| 105,360 | 94,310 | 199,670 | ||||||
| TOTAL FUNDS | 20,966 | (87,527) | (66,561) | |||||
| Net movement | in funds, included | in the above are as follows: | ||||||
| Incoming | Resources | Movement | ||||||
| resources | expended | in funds | ||||||
| Unrestricted | funds | |||||||
| General fund | 8$4,231 | (1,066,06$) | (181,$37) | |||||
| Restricted funds | ||||||||
| Building fund | (1,853) | (1,853) | ||||||
| Leasehold fund |
93,356 | 93,356 | ||||||
| Equipment replacement |
2,859 | 2,859 | ||||||
| Sport England | (52) | (52) | ||||||
| 93,356 | 954 | 94,310 | ||||||
| TOTAL FUNDS | 977,587 | (1,065,114) | (87,527) |
| Comparatives | for moveme | nt in funds |
|||
|---|---|---|---|---|---|
| Net | |||||
| movement | |||||
| At 1.9.20 | in funds | At31.8.21 | |||
| Unrestricted | funds | ||||
| General fund | 89,029 | (173,423) | (84,394) | ||
| Restricted funds | |||||
| Building fund | 13,136 | 12,489 | 25,625 | ||
| Leasehold fund |
82,542 | 82,542 | |||
| Equipment replacement |
(1,606) | (1,253) | (2,859) | ||
| Sport England | 319 | (267) | 52 | ||
| 11,849 | 93,511 | 105,360 | |||
| TOTALFUNDS | 100,878 | (79,912) | 20,966 | ||
| Comparative | net movement | in funds, included | in the above are as follows: | ||
| Incoming | Resources | Movement | |||
| resources | expended | in funds | |||
| Unrestricted | funds | ||||
| General fund |
794,374 | (967,797) | (173,423) | ||
| Restricted funds | |||||
| Building fund |
13,478 | (989) | 12,489 | ||
| Leasehold fund |
82,542 | 82,542 | |||
| Equipment replacement |
I | (1,254) | (1,253) | ||
| Sport England | (267) | (267) | |||
| 96,021 | (2,510) | 93,511 | |||
| TOTAL FUNDS | 890,395 | (970,307) | (79,912) |
| Net | ||||
|---|---|---|---|---|
| movement | ||||
| At 1.9.20 | in funds | At 31.8.22 | ||
| Unrestricted | funds | |||
| General fund | 89,029 | (355,260) | (266,231) | |
| Restricted funds | ||||
| Building fund |
13,136 | 10,636 | 23,772 | |
| Leasehold fund |
175,898 | 175,89$ | ||
| Equipment replacement |
(1,606) | 1,606 | ||
| Sport England | 319 | (319) | ||
| 11,849 | 187,821 | 199,670 | ||
| TOTAL FUNDS | 100,87$ | (167,439) | (66,561) |
| Incotning | Resources | Movement | ||
|---|---|---|---|---|
| resources | expended | in funds | ||
| Unrestricted | funds | |||
| General fund | 1,678,605 | (2,033,865) | (355,260) | |
| Restricted funds | ||||
| Building fund | 13,47$ | (2,842) | 10,636 | |
| Leasehold fund |
175,898 | 175,898 | ||
| Equipment replacement |
1 | 1,605 | 1,606 | |
| Sport England | (319) | (319) | ||
| 189,377 | (1,556) | 187,$21 | ||
| TOTALFUNDS | 1,867,9$2 | (2,035,421) | (167,439) |