2021-12-31-accounts - Portsmouth School Of Gymnastics

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

`StatementofFinancialPosition`
`31December2021`
		`31.12.21`	`31.12.20`
		`Unrestricted`	`Total`
		`fund`	`funds`
	`Notes`	`£`	`£`
`CURRENTASSETS`
`Cashatbankandinhand`		`103,591`	`69,518`
`CREDITORS`
`Amountsfallingduewithinoneyear`	`7`	`(5,368)`	`(7,789)`
`NETCURRENTASSETS`		`98,223`	`61,729`
`TOTALASSETSLESSCURRENT`
`LIABILITIES`		`98,223`	`61,729`
`NETASSETS`		`98,223`	`61,729`
`FUNDS`	`8`
`Unrestrictedfunds`		`98,223`	`61,729`
`TOTALFUNDS`		`98,223`	`61,729`

`STAFFCOSTS`
	`31.12.21`	`31.12.20`
	`£`	`£`
`Wagesandsalaries`	`94,695`	`69,749`
	`94,695`	`69,749`
`Theaveragemonthlynumberofemployeesduringtheyearwasasfollows:`
	`31.12.21`	`31.12.20`
`Coachingandadmin`	`5`	`5`

`7.`	`CREDITORS:AMOUNTSFALLINGDUEWITHINONEYEAR`	`CREDITORS:AMOUNTSFALLINGDUEWITHINONEYEAR`
			`31.12.21`	`31.12.20`
			`£`	`£`
	`Socialsecurityandothertaxes`			`337`
	`Othercreditors`		`4,668`	`6,752`
	`Accruedexpenses`		`700`	`700`
			`5,368`	`7.789`
`8.`	`MOVEMENTINFUNDS`
			`Net`
			`movement`	`At`
		`At1.1.21`	`infunds`	`31.12.21`
		`£`	`£`	`£`
	`Unrestrictedfunds`
	`Generalfund`	`61,729`	`36,494`	`98,223`
	`TOTALFUNDS`	`61,729`	`36,494`	`98,223`
	`Netmovementinfunds,includedintheaboveareasfollows:`
		`Incoming`	`Resources`	`Movement`
		`resources`	`expended`	`infunds`
		`£`	`£`	`£`
	`Unrestrictedfunds`
	`Generalfund`	`235,573`	`(199.079)`	`36,494`
	`TOTALFUNDS`	`235,573`	`(199,079)`	`36,494`
	`Comparativesformovementinfunds`
			`Net`
			`movement`	`At`
		`At1.1.20`	`infunds`	`31.12.20`
		`£`	`£`	`£`
	`Unrestrictedfunds`
	`Generalfund`	`28,543`	`33,186`	`61,729`
	`TOTALFUNDS`	`28,543`	`33,186`	`61,729`

	`incoming`		`Resources`	`Movement`
	`resources`		`expended`	`infunds`
	`£`		`£`	`£`
`Unrestrictedfunds`
`Generalfund`	`216,621`	`(183,435)`		`33,186`
`TOTALFUNDS`	`216,621`		`(183,435)`	`33,186`
`Acurrentyear12monthsandprioryear12monthscombinedposition`			`isasfollows:`
			`Net`
			`movement`	`At`
	`At1.1.20`		`infunds`	`31.12.21`
	`£`		`£`	`£`
`Unrestrictedfunds`
`Generalfund`	`28,543`		`69,680`	`98,223`
`TOTALFUNDS`	`28,543`		`69,680`	`98,223`

`DetailedStatementofFinancialActivities`
`fortheYearEnded31December2021`
	`31.12.21`	`31.12.20`
	`£`	`£`
`INCOMEANDENDOWMENTS`
`Donationsandlegacies`
`Donations`	`10,001`	`12,000`
`Charitableactivities`
`Fees`	`181,651`	`147,965`
`NationalLotterygrant`		`3,658`
	`181,651`	`151,623`
`Otherincome`
`Bankinterestreceived`	`8`	`95`
`Covid-19Grants`	`43,913`	`52.903`
	`43,921`	`52,998`
`Totalincomingresources`	`235,573`	`216,621`
`EXPENDITURE`
`Charitableactivities`
`Wages` `Hireofplantandmachinery`	`94,695`	`69,749` `144`
`Cleaningandrepairs`	`5,656`	`4,861`
`Coachexpenses` `Competitions`	`19,874` `1,454`	`17,831` `260`
`Consumables`	`(576)`	`4,980`
`Gymequipment` `FirstAid`	`3,411` `140`	`16,927`
`BGFeesandcourses`	`12,067`	`2,053`
`Campsandtravel`	`2,136`	`3,383`
`Clubkit`	`10,325`	`7,191`
	`149,182`	`127,379`
`Supportcosts`
`Management`
`Rent`	`13,405`	`10,968`
`Carriedforward`	`13,405`	`10,968`

`DetailedStatementofFinancialActivities` `fortheYearEnded31December2021`
	`31.12.21`	`31.12.20`
	`£`	`£`
`Management`
`Broughtforward` `Ratesandwater`	`13,405` `791`	`10,968` `576`
`Insurance`	`2,206`	`2,940`
`Lightandheat`	`4,122`	`1,916`
`Telephone`	`2,675`	`2,425`
`Postageandstationery` `Advertising`	`1,285` `662`	`1,822` `108`
`Sundries`	`5,020`	`3,368`
`Subscriptions`	`894`	`788`
`Motorexpenses`	`2,659`	`1,978`
`Leaseholdimprovements`		`7,756`
`Computerexpenses` `Courses`	`2,171` `545`	`3,222` `741`
`FirstAid/ HealthandSafety`	`822`	`6.479`
	`37,257`	`45,087`
`Finance`
`Bankcharges`	`93`	`83`
`Governancecoste`
`Accountancyandlegalfees`	`12,547`	`10,886`
`Totalresourcesexpended`	`199,079`	`183,435`
`Netincome`	`36,494`	`33,186`