Charity registration number 1063653
Company registration number 3394000 (England and Wales)
SPORTAC 76 LIMITED
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
SPORTAC 76 LIMITED
LEGAL AND ADMINISTRATIVE INFORMATION
| Trustees | Diane Lesley Flint | |
|---|---|---|
| Osborn Nicola Jane | (Appointed 1 August 2025) | |
| Uttley Alexander David | (Appointed 1 August 2025) | |
| Charity number | 1063653 | |
| Company number | 3394000 | |
| Principal address | 13 Blacksmith Close | |
| SUNBURY-ON-THAMES | ||
| Middlesex | ||
| TW166BF | ||
| Registered office | 1 Park Road | |
| Hampton Wick | ||
| Kingston Upon Thames | ||
| Surrey | ||
| England | ||
| KT1 4AS | ||
| Independent examiner | David Howard | |
| 1 Park Road | ||
| Hampton Wick | ||
| Kingston Upon Thames | ||
| KT1 4AS |
SPORTAC 76 LIMITED
CONTENTS
| Page | |
|---|---|
| Trustees' report | 1 - 2 |
| Independent examiner's report | 3 |
| Statement of financial activities | 4 |
| Balance sheet | 5 - 6 |
| Notes to the financial statements | 7 - 13 |
SPORTAC 76 LIMITED
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT)
FOR THE YEAR ENDED 31 AUGUST 2025
The trustees present their annual report and financial statements for the year ended 31 August 2025.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to 14 of the financial statements and comply with, the Companies Act 2006 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019).
Objectives and activities
The charity's principal objects are to provide facilities for physical recreation, in particular acrobatic gymnastics, for the benefit of the inhabitants of Feltham and the surrounding area.
Public benefit
The principal activity of the company is the provision of facilities for acrobatic gymnastics and organised participation in various competitions and displays.
The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.
Achievements and performance
The teaching of Acrobatic Gymnastics to young people of Feltham Middlesex and the surrounding areas. The club has around 55 young people who train between one and three times per week and enter local competitions and festivals.
Financial review
During the period the charity had income resources of £36,586 and a total expenditure of £49,596 resulting in net deficit of £13,010 (2024 (£15,799)).
The charity's activities do not expose it to significant financial risks. Reserves are maintained at a level which the trustees consider sufficient to maintain the charity's activities for the foreseeable future. The charity does not use complex or derivative financial instruments.
Credit risk
The charity’s principal financial assets are bank balances held with UK retail banks. The credit risk on these funds is considered negligible because of protection afforded by the Financial Services Compensation Scheme.
Structure, governance and management
The company is a company limited by guarantee, incorporated in England, and a registered charity, and is governed by its Memorandum and Articles of Association.
Any new appointments are at the recommendation of the board.
Induction and training of trustees
In the view of the board, all new trustees are given sufficient training and have enough knowledge of their particular areas of responsibility to understand the nature of the charity and comply with the charity's objectives and policies. Trustees are required to be aware of both their legal and professional responsibilities under charity and company law.
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{ | SPORTAC 76 LIMITED FOR THE YEAR ENDED 31 AUGUST 2025 | TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
The company is managed by its trustees as a body. All trustees are actively involved in the company's i activities. Trustees are reimbursed for out-of-pocket expenses and kit costs, but no trustee receives any 4 ae : P P | remuneration from the charity, i Anthony Ball (Resigned 1 August 2025) ; JodieDiane LesleyLouise FlintHarding (Resigned 1 August 2025) | Tania lousie Noble (Resigned 1 August 2025) i Osborn Nicola Jane (Appointed 1 August 2025) | Uttley Alexander David (Appointed 1 August 2025) Statement of trustees’ responsibilities { Thefor trustees,preparing whothe are also thTrustees’ R e directorsport and theof Sportacfinancial 76statements Limited forin theaccordance purpose ofwithcompanyapplicablelaw, arelaw responsand Un i tedble | Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). | Company Law requires the trustees to prepare financial statements for each financial year which give a true ' and fair view of the state of affairs of the charity and of the incoming resources and application of resources, | including the income and expenditure, of the charitable company for that year. In preparing these financial statements, the trustees are required to:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charities SORP;
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make judgements and estimates that are reasonable and prudent; and
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees' report was approved by the Board of Trustees.
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Dee:
Diane Lesley Flint
Trustee
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SPORTAC 76 LIMITED
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF SPORTAC 76 LIMITED
I report to the trustees on my examination of the financial statements of Sportac 76 Limited (the charity) for the year ended 31 August 2025.
Responsibilities and basis of report
As the trustees of the charity (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (the 2006 Act).
Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act). In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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1 accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or
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2 the financial statements do not accord with those records; or
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3 the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
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4 the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.
David Howard
1 Park Road Hampton Wick Kingston Upon Thames KT1 4AS
05-11-2025 Dated: .........................
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SPORTAC 76 LIMITED
STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 AUGUST 2025
| Unrestricted | Restricted | Total | Total | ||
|---|---|---|---|---|---|
| funds | funds | ||||
| 2025 | 2025 | 2025 | 2024 | ||
| Notes | £ | £ | £ | £ | |
| Income from: | |||||
| Donations and legacies | 2 | - | 900 | 900 | 900 |
| Charitable activities | 3 | 35,686 | - | 35,686 | 13,982 |
| Total income | 35,686 | 900 | 36,586 | 14,882 | |
| Expenditure on: | |||||
| Charitable activities | 4 | 48,696 | 900 | 49,596 | 30,681 |
| Net expenditure for the year/ | |||||
| Net movement in funds | (13,010) | - | (13,010) | (15,799) | |
| Fund balances at 1 September 2024 | 27,729 | - | 27,729 | 43,528 | |
| Fund balances at 31 August 2025 | 14,719 | - | 14,719 | 27,729 |
The statement of financial activities includes all gains and losses recognised in the year.
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.
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SPORTAC 76 LIMITED
BALANCE SHEET
AS AT 31 AUGUST 2025
| Notes Fixed assets Tangible assets 9 Current assets Debtors 10 Cash at bank and in hand Creditors: amounts falling due within one year 11 Net current assets Total assets less current liabilities Income funds Unrestricted funds |
2025 £ 624 14,503 15,127 (1,938) |
£ 1,530 13,189 14,719 14,719 14,719 |
2024 £ 625 27,459 28,084 (1,140) |
£ 785 26,944 |
|---|---|---|---|---|
| 27,729 | ||||
| 27,729 | ||||
| 27,729 |
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SPORTAC 76 LIMITED
BALANCE SHEET (CONTINUED)
AS AT 31 AUGUST2025
The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 August 2025.
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The trustees acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the Trustees on ... 2... 4S. o2>
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Diane Lesley Flint
Trustee
Company registration number 3394000
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FOR THE YEAR ENDED 31 AUGUST 2025
SPORTAC 76 LIMITED
NOTES TO THE FINANCIAL STATEMENTS
1 Accounting policies
Charity information
Sportac 76 Limited is a private company limited by guarantee incorporated in England and Wales. The registered office is 1 Park Road, Hampton Wick, Kingston Upon Thames, Surrey, KT1 4AS, England.
1.1 Accounting convention
The financial statements have been prepared in accordance with the charity's governing document, the Companies Act 2006, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019). The charity is a Public Benefit Entity as defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention.The principal accounting policies adopted are set out below.
1.2 Going concern
At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.
1.4 Income
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
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SPORTAC 76 LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
1 Accounting policies
(Continued)
Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
1.5 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.
Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.
1.6 Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Plant and equipment
20% Straight Line Method
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.
1.7 Impairment of fixed assets
At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).
1.8 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
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SPORTAC 76 LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
2 Income from donations and legacies
| Restricted | Restricted | ||
|---|---|---|---|
| funds | funds | ||
| 2025 | 2024 | ||
| £ | £ | ||
| Donations and gifts | 900 | 900 | |
| 3 | Charitable activities | ||
| 2025 | 2024 | ||
| £ | £ | ||
| Acrobatic gymnastics | 35,686 | 13,982 | |
| 4 | Charitable activities | ||
| 2025 | 2024 | ||
| £ | £ | ||
| Kit and equipment | 2,647 | 2,969 | |
| Subscriptions and entry fees | 3,156 | 2,218 | |
| 5,803 | 5,187 | ||
| Share of support costs (see note 5) | 41,639 | 24,174 | |
| Share of governance costs (see note 5) | 2,154 | 1,320 | |
| 49,596 | 30,681 | ||
| Analysis by fund | |||
| Unrestricted funds | 48,696 | 29,781 | |
| Restricted funds | 900 | 900 | |
| 49,596 | 30,681 |
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SPORTAC 76 LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
5 Support costs
| Support costs Governance costs £ £ Depreciation 1,017 - Rent 7,500 - Rates 1,496 - Light, heat and power 6,233 - Insurance 1,291 - Repairs and maintenance 23,985 - Communications and IT - - Other office expenses 117 - Accountancy fees - 2,154 41,639 2,154 Analysed between Charitable activities 41,639 2,154 |
2025 £ 1,017 7,500 1,496 6,233 1,291 23,985 - 117 2,154 43,793 43,793 |
2024 £ 665 7,500 889 13,651 1,158 99 32 180 1,320 |
|---|---|---|
| 25,494 | ||
| 25,494 |
Governance costs includes payments to the auditors of £1,938 (2024- £1,140) for independent examination fees.
6 Trustees
None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.
7 Employees
The average monthly number of employees during the year was:
| 2025 | 2024 | |
|---|---|---|
| Number | Number | |
| Total | - | - |
There were no employees whose annual remuneration was more than £60,000.
8 Taxation
The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.
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SPORTAC 76 LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
| 9 Tangible fixed assets Cost At 1 September 2024 Additions At 31 August 2025 Depreciation and impairment At 1 September 2024 Depreciation charged in the year At 31 August 2025 Carrying amount At 31 August 2025 At 31 August 2024 10 Debtors Amounts falling due within one year: Prepayments and accrued income 11 Creditors: amounts falling due within one year Accruals and deferred income |
Plant and equipment £ 3,405 1,762 5,167 2,620 1,017 3,637 1,530 785 2025 2024 £ £ 624 625 2025 2024 £ £ 1,938 1,140 |
Plant and equipment £ 3,405 1,762 5,167 2,620 1,017 3,637 1,530 785 2025 2024 £ £ 624 625 2025 2024 £ £ 1,938 1,140 |
|---|---|---|
| 5,167 | ||
| 2,620 1,017 |
||
| 3,637 | ||
| 1,530 | ||
| 785 | ||
| 2024 £ 625 |
||
| 2024 £ 1,140 |
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SPORTAC 76 LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
12 Restricted funds
The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.
| At 1 | Incoming | Resources | At 31 August | |
|---|---|---|---|---|
| September | resources | expended | 2025 | |
| 2024 | ||||
| £ | £ | £ | £ | |
| Jack Petchey award scheme | - | 900 | (900) | - |
| Previous year: | At 1 | Incoming | Resources | At 31 August |
| September | resources | expended | 2024 | |
| 2023 | ||||
| £ | £ | £ | £ | |
| Jack Petchey award scheme | - | 900 | (900) | - |
The above restricted fund was in relation to the award grant received from the Jack Petchey award scheme. The fund has been applied in accordance with the terms set out in the scheme.
13 Unrestricted funds
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.
| At 1 | Incoming | Resources | At 31 August | |
|---|---|---|---|---|
| September | resources | expended | 2025 | |
| 2024 | ||||
| £ | £ | £ | £ | |
| General funds | 27,729 | 35,686 | (48,696) | 14,719 |
| Previous year: | At 1 | Incoming | Resources | At 31 August |
| September | resources | expended | 2024 | |
| 2023 | ||||
| £ | £ | £ | £ | |
| General funds | 43,528 | 13,982 | (29,781) | 27,729 |
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SPORTAC 76 LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
14 Analysis of net assets between funds
| Analysis of net assets between funds | ||
|---|---|---|
| Unrestricte d funds Restricted funds 2025 2025 £ £ Fund balances at 31 August 2025 are represented by: Tangible assets 1,530 - Current assets/(liabilities) 13,189 - 14,719 - |
Total 2025 £ 1,530 13,189 14,719 |
Total 2024 £ 785 26,944 |
| 27,729 |
15 Related party transactions
During the course of the year, the charity received amounts totalling £Nil (2024- £400) by Movement 17Academy Ltd, a limited company in which a Trustee of the charity holds a significant shareholding. These transactions were conducted at arm's length and on normal commercial terms. The payments were in relation to gym hire.
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