2021-08-31-accounts - Waterside Gymnastics Club

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Objecti	v	es and	Ac	tiv	iti	es
						SORP reference
Summary		ofthe purposes			of	Para 1.17	The charity's objective and principal
the charity as set out			in	its			activity is that of providing facilities,
governing		document					equipment and expert coaching for the
							benefit of the community ofThe New
							Forest and surrounding areas to
							teach mnastics.
Summary activities		ofthe main in relation to those				Para 1.17and 1.19	Waterside Gym Club not only provides a place to learn gymnastics but also a
purposes		for the public					safe arena where children are taught the
benefit,	in particular,		the				benefits offriendship, teamwork,
activities,		projects or					support, discipline and respect. All
services	identified in		the				gymnasts are taught within an
accounts.							environment where skills such as
							determination, resilience, adaptability,
							and managing both winning losing are
							encouraged and nurtured in order to aid
							their personal development.
							WGC provides gymnastic facilities and
							opportunities 7days a week for all
							children. Minis (3-8years) and
							recreational gymnastics (8-18years)
							available for all abilities. Artistic,
							TeamGym and Advanced gymnastic
							squads available for selected gymnasts
							who are interested in gymnastics at a
							corn etitive level.
Statement		confirming				Para 1.18	The trustees have had regard to the
whether	the trustees		have				guidance issued by the Charity
had regard to the guidance							Commission on public benefit
issued by the Charity
Commission on public
benefit
Additional		information		(optional)
You ma	choose to include				further statements		where relevant about:
						SORP reference
Policy on		grant making
						Para 1.38
						Para 1.38

Policy on	social investment	social investment	social investment
including	program		related
investment
				Para 1.38
Contribution		made	by
volunteers
Other

Achieve	men	ts	and Per	formance
				SQRp
				reference
					Support, friendship and guidance begins
					the moment you walk through the door at
					Waterside Gymnastics Club.
Summary ofthe main achievements ofthe charity,				Para 1.20	Children are taught not only physical skills ofstrength, balance and
identifying	the	difference the			coordination but also how to cope in
charity's	work	has made to			differing physical and social
the circumstances			of its		environments. They are taught and given
beneficiaries and			any wider		the strength to work both autonomously
benefits to society as a					and also as part ofa team, Adaptability
whole.					and Managing both winning and losing
					are encouraged.
					Squads work hard to develop their
					gymnasts to a level where they can
					compete in both regional and national
					levels.
					Covid changed operations for Waterside
					drastically this year. It's necessary rules and
					regulations meant we needed to adapt quickly
					and accordingly. While physical training could
					obviously not continue, we instantly changed to
					online lessons for squad gymnasts and later
					introduced outside lessons as rules relaxed
					slightly. We also had to reduce class sizes and cut
					sessions to limit numbers and mixing of
					disciplines/children.
					During the year because ofCovid no
					Artistic grades were gained, but the
					squad continued to work hard for the
					2021 grades.
					Teamgym and AGS gymnasts worked hard
					despite the disruption ofCovid, and took part in
					two virtual competitions during lockdown.
					Routines were filmed at home with all gymnasts
					having to fulfil certain individual criteria and
					several medals were won in the process.

Achievements	Para 1.41
objectives set
		During the	year we set up various
		fundraising	like Amazon Smile &easy
Performance offundraising activities against objectives	Para 1.41	fundraising.
set
Investment performance	Para 1.41
against objectives
Other

Financ	ial Review	ial Review	ial Review	ial Review	ial Review
Review	ofthe charity's						Para 1.21	These figures include K4,527 in respect
financial	position at				the end			offees received in advance for the
ofthe	eriod							Autumn term 2021.
Statement		explaining			the		Para 1.22	The reserves in the bank are kept to
policy for holding reserves								purchase any large equipment that may
stating	why	they are			held			be required. For example a new floor is
								around R25k, an air track is around
								R10K,Tumble Track R15Kfoam for the
								pits is K20K. We have lots ofnew
								equipment to purchase &repair this
								year. Due to being closed a lot during
								this year, very few purchases were
								made.
Amount	of	reserves			held		Para 1.22	We try to keep 840,000 in the bank to
								cover the above costs. Reserves at the
								ear end were R64832
Reasons for			holding		zero		Para 1.22	NA
reserves
Details	offund materially					in	Para 1.24	NA
deficit
Explanation			ofany				Para 1.23	Covid has been a struggle during this
uncertainties			about the					year, but we adapted to online lessons
charity continuing				as a going				for squads, until we could open the
concern								doors again, even ifonly briefly. We
								finally opened in October 20, but had to
								close again in November 20,we then
								managed to open in December till
								January 21 when we then closed again
								until April 2021,when we did reopen, we
								had to reduce class time due to trying to
								limit crossover of Gym classes to try to
								reduce risks ofGovid.
								The club is run by people in their spare time so
								reading, understanding and acting on covid
								information as it constantly changed was very
								laborious and time consuming but managed
								due to a dedicated team who were determined
								to be ready to operate and open our doors
								again to the children as soon as feasibly
								possible.
								But we feel in good position moving
								forward.

The charity's principal	The charity's principal
sources offunds	(including	Para 1.47
any fundraising)
Investment policy ob'ectives includin	and an	Para 1.46

social investment	social investment	policy
adopted
A description	of	the principal
risks facing	the charity
			Para 1.46
Other

Description ofcharity's
trusts:
Type of governing document	Para 1.25
How is the charity	Para 1.25	Unincorporated	Association
constituted?
Trustee selection methods	Para 1.25
including details ofany
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees

trustees
Additional	information			(optional)
You ma	choose to include further statements				where relevant about:
Policies	and		procedures
adopted	for	the induction
and training		oftrustees		Para 1.51
The charity's			organisational
structure	and		any wider
network	with		which the
charity works				Para 1.51
Relationship			with any related
parties
				Para 1.51
Other

Chari	name			Waterside G mnastics	Waterside G mnastics
Other name the chari			uses
Re istered chari		number		1058407
Charity's	principal	address		The Gymnasium,	Noadswood	school
				North Road
				Dibden Purlieu
				SO45 4ZF

Funds held as custodian trustees on behalf ofothers	Funds held as custodian trustees on behalf ofothers
Description ofthe assets
held in this capacity
Name and objects ofthe
charity on whose behalf	the
assets are held and how	this
falls within the custodian
charity's objects
Details ofarrangements	for
safe custody and
segregation ofsuch assets
from the charity's own
assets

Names and a	ddresses ofadvise	rs (Optional	information)
Type of	Name	Address
adviser
independent	Warner Wilde	4 Marigold	drive, Bisley. GU24 9SF
examiner
Name ofchief executive or names ofsenior			staff members	(Optional	information)

O CHARITy gpiyig5gp FOR ENGLAND AND WALE	O CHARITy gpiyig5gp FOR ENGLAND AND WALE	waterside GYmnastics Club Receipts and payments	waterside GYmnastics Club Receipts and payments	waterside GYmnastics Club Receipts and payments	waterside GYmnastics Club Receipts and payments	waterside GYmnastics Club Receipts and payments	waterside GYmnastics Club Receipts and payments	waterside GYmnastics Club Receipts and payments	1058407 accounts			CC&ea
			Forthe period from				01/09/2020 To		31/08/2021
x
~ ~	~	~	~ ~
			Unrestricted funds			Restricted funds		funds	Totalfunds			Last year
			to the	nearest f		to the	nearest 6	to the nearest 6	tothe	nearest	6	to the nearest 6
A1 Recei ts
Subscriptions, fess and insurance					67538					87538		47,748
Special events and compsitions					722							6,123
Clothing and merchandise sales					1,050					1	050	822
Sundry and Other receipts					1,396					1,308		2,787
Donations					4,590							259
Grant					5,380
Sub total (Gross income	for AR)				81,604					81,604		67,740
A2 Asset and investment sales,
(see table).
Sub total
Total receipts					81,894			-	-	81,604		57,749
A3 Pa ments
Consumables and sundries					2,675					2,676		1,307
Special events and competitions					1,055					1,056		1,882
Courses and entry fess					2,192					2,192		854
Adultcoachss					26,670					26,670		12,486
Equipment purchases and repairs					1,722					1,722		320
Clothing and merchandise purchases					628						828	1,259
Young coaches					18,920					18,020		12,088
Accountancy fees					720							1,026
Rent					8,524					8,624		0,483
General travel expenses
General insurance												1,466
Telephone and stationery					805							3,183
Training and 1st Aid Equipmsnt
Adult Volunteer Expenses					2,875
Computer and Wsbsite Expenses					2,011					2,011
Sub total					99,337					esg37		48,587
A4 Asset and investment
purchases, (see table)
G E ui ment					5,160							3,407
Sub total					6,180					5,160		3,407
roar perm ents~w,es										74~		50,084
Net ofreceiptsf(payments)					7,288							7,
A5 Transfers between funds
A6 Cash funds last year end					57,544							49,879
Cash funds this year	end				64,83							67,

~	s	~	~			~	~	~ ~		~	~	~		~ ~	~ ~
									Unrestricted			Restricted				Endowment
	Categories		Details						funds				funds			funds
									to nearest		5	to	nearest		5	to nearest 0
B1Cash	funds		Barclays	Community				Account		54,832
							Total cash funds			64,832
			(agree		balances		with receipts srxt payments
								account&s))
									Unrestricted			Restricted				Endowment
									funds				futtd8			funds
			Details						to nearest		0	to	nssrss't		5	to nearest 0
B2Other	monetary assets		Debtors
			Details						Fund to which asset helen s			Cost ioptionsl)				Current value 0 tionsl
B3Investment		assets
			Details						Fund to which asset boron			C	t i	0	I)	Current value o const
B4Assets retained for the			Mats -3	x4x2M, 1			x2x2M		Unrestricted						3,130	t,arg
charity's	own	use	Foam Learning			beams x2			Unrestricted						358		tye
			vault cover						Unrestricted						310		233
			Various equipment						Unrestricted						3,853	2,800
			Cylinder	kii					Unrestricted								252
			Tumbi Trek		iim				Unrestricted
									Fund to	which		Amount dus				When dus
			Details						Iisbili	relates			o tionsl			o eonsl
B5Liabilities			Income relating			io inter pereds									4,527
			Independent		Examiners fees										742
Signed by one or tvte trustees on behalf of all the trustees						Signature					Print	Name				Date of a roval
											Della Dovvnes
										Rachel O' Neill						Q IS z&