## **BECCLES ROYALES GYMNASTICS CLUB** **Report of the Trustees and Unaudited Financial Statements For The Year Ended 30 April 2023** Charity Registration Number: 1064196 BECCLES ROYALES GYMNASTICS CLUB Report of the Trustees and Unaudited Financial Statements Charity Registration Number: 1064196 ## **Contents** |Administrative Information|1| |---|---| |Report of the Trustees|2| |Independent Examiner's Report|3| |Statement of Financial Activities|4| |Balance Sheet|5| |Notes to the Financial Statements|6 - 10| |Detailed Statement of Financial Activities|11 - 12| BECCLES ROYALES GYMNASTICS CLUB Report of the Trustees and Unaudited Financial Statements Charity Registration Number: 1064196 ## **ADMINISTRATIVE INFORMATION** |**Trustees**|S A Clarke - Chairperson| |---|---| ||L C Luckett| ||W R Saunders| ||B James (appointed 28 October 2023)| |**Charity number**|1064196| |**Address**|Ellough Industrial Estate| ||Ellough| ||Beccles| ||Suffolk| ||NR34 7TD| |**Independent Examiner**|William Tombs FCA| ||Harwood Business Services Limited| ||Woodstock| ||Felton| ||Morpeth| ||Northumberland| ||NE65 9HP| 1 BECCLES ROYALES GYMNASTICS CLUB Report of the Trustees and Unaudited Financial Statements Charity Registration Number: 1064196 ## **Report of the Trustees** The trustees present the annual report and financial statements for the year ended 30 April 2023. The trustees have adopted the provisions of 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). ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity. Approved by order of the board of trustees on …………………………………………. and signed on its behalf by: …………………………………….. S A Clarke Chairperson 2 BECCLES ROYALES GYMNASTICS CLUB Report of the Trustees and Unaudited Financial Statements Charity Registration Number: 1064196 ## **Independent examiner’s report to the trustees of Beccles Royales Gymnastics Club** I report to the charity trustees on my examination of the accounts of Beccles Royales Gymnastics Club (the Trust) for the year ended 30 April 2023. ## **Responsibilities and basis of report** As the trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’). I report in respect of my examination of the Charity’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent examiner’s statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1). Accounting records were not kept in respect of the Charity as required by section 130 of the Act; or 2). The accounts do not accord with those records; or 3). The accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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. 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 to enable a proper understanding of the accounts to be reached. William Tombs FCA Harwood Business Services Limited Woodstock Felton Morpeth Northumberland NE65 9HP Date: 19 January 2024 3 BECCLES ROYALES GYMNASTICS CLUB Report of the Trustees and Unaudited Financial Statements Charity Registration Number: 1064196 ## **Statement of Financial Activities** _**for the year ended 30 April 2023**_ |_Note_
**INCOME AND ENDOWMENTS**
**FROM:**
Donations and legacies
Other trading activities
Investment income
2
3
**Total Income**
**EXPENDITURE ON:**
Raising funds
Charitable activities



**Total Expenditure**
**NET INCOME/(EXPENDITURE)**
**RECONCILIATION OF FUNDS**
**Total funds brought forward**

**TOTAL FUNDS CARRIED**
**FORWARD**|**2023**
2022
**£**
£
**78,982**
**2,480**
**17,509**
88,675
2,311
13,231
**98,971**
**42,258**
**61,241**
104,217
28,363
50,162
**103,499**
78,525
**(4,528)**
25,692
**75,068**
49,376
**70,540**
75,068| |---|---| The annexed notes form part of these financial statements. 4 BECCLES ROYALES GYMNASTICS CLUB Report of the Trustees and Unaudited Financial Statements Charity Registration Number: 1064196 ## **Balance Sheet** _**at 30 April 2023**_ |_Note_
**FIXED ASSETS**
Tangible assets
_6_

**CURRENT ASSETS**
Debtors
_7_
Cash at bank and in hand
**CREDITORS:**amounts falling due within
one year
_8_
**NET CURRENT ASSETS**
**TOTAL**
**ASSETS**
**LESS**
**CURRENT**
**LIABILITIES**
**NET ASSETS**
**FUNDS**
Unrestricted funds
_9_
**TOTAL FUNDS**|
**£**
**15,766**
**_______**
**4,476**
**51,318**
**55,794**
**(1,020)**|**2023**
2022
**£**
£
£
18,382
_______
**15,766**
18,382
4,288
52,638

56,926
(240)

**54,774**
56,686
**70,540**
75,068
**70,540**
75,068
**70,540**
75,068
**70,540**
75,068|**2023**
2022
**£**
£
£
18,382
_______
**15,766**
18,382
4,288
52,638

56,926
(240)

**54,774**
56,686
**70,540**
75,068
**70,540**
75,068
**70,540**
75,068
**70,540**
75,068| |---|---|---|---| ||||75,068| ||||75,068| ||||75,068| ||||75,068| The financial statements were approved by the Board of Trustees and authorised for issue on ……………………………. and were signed on its behalf by: ## **S A Clarke** ## _Trustee_ The annexed notes form part of these financial statements. 5 BECCLES ROYALES GYMNASTICS CLUB Report of the Trustees and Unaudited Financial Statements Charity Registration Number: 1064196 ## **Notes** ## _**(forming part of the financial statements)**_ ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) ‘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)’, Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. ## **Income** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received, and the amount can be measured reliably. ## **Expenditure** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, 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 accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings, they have been allocated to activities on a basis consistent with the use of resources. ## **Tangible fixed assets** Depreciation is provided at the following annual rates to write off each asset over its estimated useful life: Plant and machinery – 10% straight line basis Fixtures and fittings - 20% straight line basis Computer equipment – 33% straight line basis ## **Taxation** The charity is exempt from tax on its charitable activities. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ## **Hire purchase and leasing commitments** Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight-line basis over the period of the lease. ## **2. OTHER TRADING ACTIVITIES** |Fundraising events|**2023**
**£**
**2,480**
|2022
£
2,311| |---|---|---| BECCLES ROYALES GYMNASTICS CLUB Report of the Trustees and Unaudited Financial Statements Charity Registration Number: 1064196 ## **Notes** _(continued)_ ## **3. INVESTMENT INCOME** |Rents received
Other fixed asset investment – franked investment income

|**2023**
**£**
**17,509**
**-**

**17,509**
|2022
£
13,226
5| |---|---|---| |||13,231| ## **4. TRUSTEES’ REMUNERATION AND BENEFITS** There were no trustees’ remuneration or other benefits for the year ended 30 April 2023 nor for the year ended 30 April 2022. ## **Trustees’ expenses** There were no trustees’ expenses paid for the year ended 30 April 2023 nor for the year ended 30 April 2022. ## **5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES** ||Unrestricted| |---|---| ||Fund| ||£| |**INCOME AND ENDOWMENTS FROM**|| |Donations and legacies|88,675| |Other trading activities|2,311| |Other fixed asset investment – franked investment income
|13,231| ||104,217| |**EXPENDITURE ON**|| |Raising funds|28,363| |**Charitable activities**|| |Delivering services to members
|50,162| ||78,525| |**NET INCOME**
|25,692| |**RECONCILIATION OF FUNDS**|| |**Total funds brought forward**|49,376| |**TOTAL FUNDS CARRIED FORWARD**|**75,068**| 7 BECCLES ROYALES GYMNASTICS CLUB Report of the Trustees and Unaudited Financial Statements Charity Registration Number: 1064196 ## **Notes** _(continued)_ ## **6. TANGIBLE FIXED ASSETS** |**Plant and**
**machinery**
**Fixtures**
**and fittings**
**Computer**
**equipment**
**£**
**£**
**£**
**_COST_**
At 1 May 2022
15,591
8,030
124
Additions
Disposals
582
-
-
-
-
-


At 30 April 2023
16,173
8,030
124


**_DEPRECIATION_**
At 1 May 2022
5,002
270
91
Charge for year
Disposals
1,559
-
1,606
-
33
-


At 30 April 2023
6,561
1,876
124


**_Net book value_**
**At 30 April 2023**
**9,612**
**6,154**
**-**


At 30 April 2022
10,589
7,760
33|**Total**
**£**
23,745
582
-
24,327
5,363
3,198
-
8,561
**15,766**
18,382| |---|---| ## **7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR** |Prepayments|**2023**
**£**
**4,476**

**4,476**
|2022
£
4,288
4,288| |---|---|---| ## **8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR** |Trade creditors
Other creditors|**2023**
**£**
**-**
**1,020**

**1,020**
|2022
£
-
240
240| |---|---|---| 8 BECCLES ROYALES GYMNASTICS CLUB Report of the Trustees and Unaudited Financial Statements Charity Registration Number: 1064196 ## **Notes** _(continued)_ ## **9. MOVEMENTS IN FUNDS** |**9. MOVEMENTS IN FUNDS**|||| |---|---|---|---| ||At 1 May|Net|At 30 April| ||2022|movement|2023| ||£|£|£| |**Unrestricted funds**|||| |General fund|75,068|(4,528)|70,540| |**TOTAL FUNDS**|**75,068**|**(4,528)**|**70,540**| |Net movement in funds, included in the above are as follows:|||| ||Incoming|Resources|Movement| ||resources|expended|in funds| ||£|£|£| |**Unrestricted funds**|||| |General fund|98,971|(103,499)|(4,528)| |**TOTAL FUNDS**|**98,971**|**(103,499)**|**(4,528)**| |**Comparatives for movement in funds**|||| ||At 1 May|Net|At 30 April| ||2021|movement|2022| ||£|£|£| |**Unrestricted funds**|||| |General fund|49,376|25,692|75,068| |**TOTAL FUNDS**|**49,376**|**25,692**|**75,068**| ||Incoming|Resources|Movement| ||resources|expended|in funds| ||£|£|£| |**Unrestricted funds**|||| |General fund|104,217|(78,525)|25,692| |**TOTAL FUNDS**|**104,217**|**(78,525)**|**25,692**| 9 BECCLES ROYALES GYMNASTICS CLUB Report of the Trustees and Unaudited Financial Statements Charity Registration Number: 1064196 ## **Notes** _(continued)_ ## **10. RELATED PARTY DISCLOSURES** There were no related party transactions for the year ended 30 April 2023. 10 BECCLES ROYALES GYMNASTICS CLUB Report of the Trustees and Unaudited Financial Statements Charity Registration Number: 1064196 ## **Detailed Statement of Income** |**For the year ended 30 April 2023**
**2023**
**£**
**INCOME AND ENDOWMENTS**
**Donations and legacies**
Gifts
Grants
Subscriptions
Training fees
Gym memberships
Regional affiliations
Clothing
Competition entries
Tuck shop
**50**
**-**
**-**
**66,368**
**4,067**
**2,370**
**1,302**
**1,632**
**3,193**
Sundry income
**-**

**78,982**
**Other trading activities**
Fundraising events
**2,480**
**Investment income**
Rents received
Other fixed asset investments – franked
investment income
**17,509**
**-**

**17,509**
**Total incoming resources**
**98,971**|2022
£
1
35,223
1,756
43,638
3,595
-
1,474
1,340
1,219
429| |---|---| ||88,675
2,311
13,226
5| ||13,231| ||104,217| 11 BECCLES ROYALES GYMNASTICS CLUB Report of the Trustees and Unaudited Financial Statements Charity Registration Number: 1064196 ## **Detailed Statement of Expenditure For the year ended 30 April 2023** |**Raising donations and legacies**
Wages
Insurance
Light and heat
Telephone
Sundries
**Other trading activities**
Licensing
**Charitable activities**
Postage and stationery
Gym club registration
Gym club membership gymnasts
Gym club membership officials
Gym club membership coaches
Coaching fees
Clothing
Competitions
Course fees
Mileage and travel
Tuck shop purchases
Refunds
Cleaning
**Support costs**
**Management**
Rent
Rates and water
Light and heat
Depreciation

**Finance**
Insurance
Bank charges
Sundries

**Information technology**
Repairs and renewals

**Governance costs**
Accountancy and legal fees


**Total resources expended**|

||**2023**
2022
**£**
**£**
£
£
**40,174**
**1,017**
**-**
**127**
**663**
26,959
1,106
(19)
20
88

**41,981**
28,154
**277**
209

**277**
209
**90**
**335**
**3,617**
**-**
**251**
**616**
**603**
**644**
**757**
**-**
**1,406**
**579**
**779**
151
2,604
1,339
3
166
(705)
1,334
903
384
1,732
821
-
260

**9,677**
8,992
**34,751**
35,028
**219**
237
**1,925**
1,920
**3,198**
**-**


**40,093**
37,185
**816**
-
**806**
-
**3,412**
1,969


**5,034**
1,969
**4,462**467


**4,462**
467
**1,975**
1,549


**1,975**
1,549
**103,499**
78,525| |---|---|---|---| |||



|| ||||**34,751**
**219**
**1,925**
**3,198**
| |||


|**816**
**806**
**3,412**
| |||
|**4,462**
| ||
|
|**1,975**
| ||||| 12