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|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||
##
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##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||||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)|
##
##