2022-08-31-accounts - Waterside Gymnastics Club

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bjectives and Acti	es
	SORP reference
Summary ofthe purposes of the charity as set out in its governing document	Para 1.17	The charity's objective and principal activity is that of providing facilities, equipment and expert coaching for the
		benefit ofthe community ofThe New
		Forest and surrounding areas to
		teach mnastics.
Summary ofthe main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts.	Para 1.17and 1.19	Waterside Gym Club not only provides a place to learn gymnastics but also a safe arena where children are taught the benefits offriendship, teamwork, support, discipline and respect. All gymnasts are taught within an 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 7 days 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 whether the trustees have had regard to the guidance	Para 1.18	The trustees have had regard to the guidance issued by the Charity 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

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

Achieve	formance
	SORP reference
		Support, friendship and guidance
		begins the moment you walk through
Summary ofthe main achievements ofthe charity,	Para 1.20	the door at Waterside Gymnastics Club. Children are taught not only physical skills ofstrength, balance and
identifying the difference the charity's work has made to the circumstances of its beneficiaries and any wider		coordination but also how to cope in differing physical and social environments. They are taught and given the strength to work both
benefits to society as a whole.		autonomously and also as part ofa team.
		Squads work hard to develop their
		gymnasts to a level where they can
		compete in local, national, and even
		international levels.
		We continued to adapt this year with
		COVID requirements to ensure the
		safety to coaches and gymnasts alike.
		During the year TG AGS &Artistic took
		part in various competitions and grades
		TeamGym junior boys qualified,
		competed and came third in the British
		Finals in April 2022. It is the first time
		WGC have had ajunior boys team
		compete at the Finals.
		This year because of Covid we were not
		able to carry out our annual gala, we are
		now busy preparing the 2023 Gala. The
		theme is Mystical, mythical, magic.
		Waterside gym club also realise the
		importance ofcoach involvement and
		development and pay for all necessary
		training courses. During the year we
		have ut thou h 9x Level 1 coaches in

both Team Gym and Artistic. We also
have a further 4booked on for this year.
As expected however, we lose a high
proportion ofour junior coaches each
year to university and this year has
been no exception. While many ofthem
do often return to coach in the holidays,
it does increase the staffing levels
pressure during term time. We are
therefore currently encouraging and
nurturing new juniors into the role of
coaching to help build our support base. We are also actively looking to
recruit new parents tojoin our bank of
parent helpers and possible future
coaching staff as coaching numbers is
something that the club is struggling
with currently. This is a countrywide
problem at the moment, within both
voluntary and paid coaching positions
and so WGC is currently working hard
to encourage members to offer as much
oras little time as they can in order to
ensure the club's survival.
All coaches are also required to
complete regular safeguarding courses
in order to ensure not only the physical
safety ofthe children involved but also
their personal and mental well-being.

Achievements	Para 1.41
objectives set
		We set	up various fundraising		like
		Amazon		Smile &easy fundraising,
Performance offundraising activities against objectives	Para 1.41	during covid but do need to keep reminding people to use them.
set
Investment performance	Para 1.41
against objectives
Other

inanc	ial Review	ial Review	ial Review	ial Review	ial Review
Review	ofthe charity's						Para 1.21	These figures include f14,610 in respect
financial	position			at	the end			offees received in advance for the
ofthe	eriod							Autumn term 2022.
Statement		explaining			the		Para 1.22	The reserves in the bank are kept for
policy for holding				reserves				purchasing any large equipment that
stating	why	they		are	held			may be required. For example, a new
								floor is around 825k, an air track is
								around R10K, Tumble Track R15Kfoam
								for the pits is R20K. All these are
								starting to get old and will need
								replacing soon.
								We have lots of new equipment
								purchases made at the yearwnd but not
								paid for until the new year.
								We also need to have lots of repairs to
								the gym which is being booked in now.
Amount	of	reserves			held		Para 1.22	We try to keep f40,000 in the bank to
								cover the above costs. Reserves at the
								ear end were f82,462
Reasons for			holding		zero		Para 1.22	NA
reserves
Details	offund materially					in	Para 1.24	NA
deficit
Explanation			of any				Para 1.23	Due to changes in lifestyle and family
uncertainties			about		the			working patterns, WGC are struggling	to
charity	continuing			as a going				enlist coaches at the moment. While it	is
concern								mildly noticeable within the junior level,
								it is very problematic from an
								adult/parent level. WGC rely heavily on a
								strong, voluntary, parental helper basis
								who, often go on to excel and undertake
								more responsibilities by completing
								coaching exams. With less and less
								adults able to give up time to the club,
								we in turn have less and less coaches
								coming through the system. WGC also
								recognise that the majority ofsessions
								rely on a handful of high-level coaches
								who have worked for the club for a long
								time, with several looking to possibly
								step down in the near future. This is a
								serious concern for Waterside as, at
								present, we do not necessarily have the
								coaching levels for new people to step
								up to take over the running ofthe
								sessions. Therefore, the club is
								currently advertising for new members
								and encouraging and supporting coach
								development and empowerment.

Additional information (optional) You ma choose to include further statements	Additional information (optional) You ma choose to include further statements	Additional information (optional) You ma choose to include further statements	where relevant about:
The charity's principal
sources offunds (including		Para 1.47
any fundraising)
Investment policy and
objectives including any		Para 1.46
social investment policy
adopted
A description ofthe principal		Para 1.46
risks facing the charity
Other

Description of charity's
trusts:
Type ofgoverning document		Para 1.25	Constitution
How is the charity		Para 1.25	Unincorporated			Association
constituted?
Trustee selection methods		Para 1.25	All trustees are known to the club and				are
including details ofany constitutional provisions election to post or name	e.g. of		elected by the AGM process, an invitation extended to all members. Any members wishing to apply for a Trustee position must
any person or body entitled			submit	an application form and statement
to appoint one or more			of suitability		for the role, this must be
trustees			signed	by two		existing members ofthe
			club, You are then voted on at the AGM
			held earl .
Additional information	(optional)
You ma choose to include further statements			where relevant			about:
Policies and procedures
adopted for the induction		Para 1.51
and training oftrustees
The charity's organisational
structure and any wider		Para 1.51
network with which the
charity works
Relationship with any related		Para 1.51
parties
Other

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

ame	s ofthe charity tr	ustees who manage	the charity
	Trustee name Della Downes	Office (ifany) Chair	Dates acted ifnot for whole ear	Name to a	ofperson (or body) entitled oint trustee if an
	Rachel O' Neill	Treasurer
	Barbara Mogg	Secretary
5
6
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													~	~ ~
B1Cash funds				Barclays	Community				Account			Unrestricted funds to nearest f	Restricted funds to nearest 6		Endowment funds to nearest 6
												82,462
								Total		cash	funds	82,462
				(agree		balances		with receipts and payments
											account(s))
												Unrestricted	Restricted		Endowment
82 Other monetary		assets		Details Debtors								funds to nearest 6 1,178	funds to nearest 6		funds to nearest 6
83 Investment	assets			Details								Fund to which asset belon s	Cost (optional)		Current value o tional
84Assets retained charity's own use		for the		Details Mats - 3x 4x2M, 1 x 2x2M Foam Learning beams x 2								Fund to which asset belon s Unrestricted Unrestricted	3,139 358 Cost (optional)		785 89 Current value o tional
				Vault cover								Unrestricted		310	155
				Various equipment Cylinder kit								Unrestricted Unrestricted		3,853 336	1,927 168
				Tumbi Trak	lim							Unrestricted		669	335
				Rockin gym and coaching block 2 xForster bars and Ttrainer 3xAsymmetric bars and foam ramp 4x Bozo balls								Unrestncted Unrestricted Unrestricted Unrestricted		972 1,133 2,092 300	729 850 1,569 225
				MD Trampett	landing		mat					Unrestricted		5,417	4,063
85 Liabilities				Details Income relating		to later		periods				Fund to which liabili relates	Amount due o tional 14,610		When due o tional
				Independent	examiner
														798
Signed by one or two trustees			on
behalf of all the trustees						Signature						Print Name			Date of
															a proval
												Della Downes			q/I/z. g
												Rachel O' Neill			@III~
CCXX R2 accounts (SS)
															30/11/2022