Company Number: 3412274
GYMNASTICS IN IPSWICH
ICS Ify
PIPERS VALE
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 DECEMBER 2023
Charity Number: 1064714

## **GYMNASTICS IN IPSWICH** 

## **FINANCIAL STATEMENTS** 

## **FOR THE YEAR ENDED 31 DECEMBER 2023** 

|**CONTENTS**|**PAGE**|
|---|---|
|Reference & Administrative Information|1|
|Directors' & Trustees' Report|2-6|
|Independent Examiner's Report to the Trustees of Gymnastics In Ipswich|7|
|Statement of Financial Activities|8|
|Balance Sheet|9|
|Statement of Cash Flows|10|
|Notes to the Financial Statements|11 -19|
|**The following pages do not form part of the**||
|**Statutory Financial Statements**||
|Detailed Income and Expenditure Account|20 -21|



_l 



GYMNASTICS IN IPSWICH
REFERENCE & ADMINISTRATIVE INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023
THE BOARD OF DIRECTORS
& TRUSTEES:
Mr. B.
Bartlett
Mr. M.J.J. Doyle
Mr. J
Garnham
Mr. C.R.
Hackett
Mr. V.D.
Stagg
Mrs E.
Woollard
Trustee and Director
Trustee, Director and Company Secretary
Trustee and Director
Trustee and Finance Director {Resigned June 20231
Trustee and Director (Appointed January 20241
Trustee, Director and Chairperson
COMPANY SECRETARY:
Mr. M.J.J. Doyle
KEY MANAGEMENT PERSONNEL:
ADMINISTRATION I FINANCE
MANAGER:
Mfs. L. J. Stopher
FACILITIES MANAGER
Mr. S Kemp
COMPANY NUMBER:
3412274
CHARITY NUMBER..
1064714
REGISTERED OFFICE:
7 Braziers Wood Road
Ipswich
Suffolk
IP3 OSP
BANK:
Lloyds Bank plc
Cornhill
Ipswich
IP11AQ
INDEPENDENT EXAMINER:
Helen Rumsey
Ensors A￿oUntantS LLP
Connexions
159 Prir7ces Street
Ipswich
IPI lQJ

GYMNASTICS IN IPSWICH
DIRECTORS, & TRUSTEES, REPORT
FOR THE YEAR ENDED 31 DECEMBER 2023
The Directors and Trustees present their Report and Financial Sialements for the year ending 31 sl December 2023.
The information on Page 1 forms part of Ihis Report.
Obje¢tiv•s of the Charlty, Prlnclpal A¢tlvitios and Organisation of Its work
The Charity is consliluled as a Company Limited by Guarantee and is therefo￿ governed by a Memorandum and Articles of
Association.
The Charity's objectives and principal activities continue to be that of providing facilities, equipment and expert coaching for
the benefit of the community of Ipswich and the surrounding area lo teach gymnastics, physical education and development
of social welfare in order to enable participants lo reach their full potential.
Wtten reviewing these elms and obj8Ctives, the Trustees confirm that they have referred lo the guidance contained in the
Charity Commission's general guidance on public benefit.
The charity's Board of Directors meets on a bi-monthly basis to manage its affairs. The d2y-tO-day management of the
facilrty is overseen by the Finance and Administration Manager and the Facilitie5 Manager. Our coaching management and
coordination arrangements are provided by four Heads of Department each of whom specialise in one of the charity's four
major gymnastic activity arenas. The Head5 of Department are responsible for inclusive participation - along with gymnast
and staff development- in their respective area of expertise and lttey are all employed on a full-lime basis
Developments, Activities and Achl•vom•nts during the past 12 months
2023 started positively after Ihe effects of Covid in the previou$ 2 years. We continL*e to struggle with attracting coaches on
lo our workforce. especially within Ihe Recreational department. In turn. this mean5 we have had to keep the maximum
number of attendees capped according lo the staffing level., therefore, we remain operating a151ightly reduced numbers
compared to pre covid levels. We linked in with Apprenticeship Suffolk in 2023 to try and 'grow our own. staff in a bid to
improve the position for subsequent years, despite attending a number of school events it has been unsuc￿$$fUl lo date.
The Trustees decided our approach would be, to continue lo minimise expenditure to essential spends only, replacing only
worn out or dangerous equipment. The 'wish list" of apparatus is on hold until 2024. We continue looking for ways to lift
revenue lo fill any 'dead space"
We re￿iVed news in late January that Ipswich Borough Council's bid to the Government's 'Levelling up, fund had been
unsuccessful, a very disappointing outcome for all involved. A considerable amount of work had been put into Ihe project
plans In a short timescale, to meet the application deadline. Following the rejechon of the project, we gave the Council time
lo consider their approach to the redevelopment of the Gainsborough site. Once the local elections had taken place in May,
we wrote to the Chief Executive of Ipswich 8orough Council. Her response said that whilst IBC remains committed lo
redeveloping the site, without a government grant to support this and with inflation levels remaining high, this would be a
challenging project to deliver. Therefore, no specific timescale could be given, she ests'mated that rt would be at least 3 years
before the project would b8 re-tabled.
The Board had previously put on hold any site development and improvement plans. whilst wailing for the 'Levelling Up. bid
result. This included a replacement heating system and refurbishment of roof and guttering. The Board are aware that we
need to review the structure and fabric of the building, in light ol these decisions. In November work began on a building
audit to look at what is required to be actioned in the near, mid-temi and longer-temi plans. We will develop a building report
which will continue into 2024.
British Gymnastics reCoMmen￿d their coach education programs with gusto, to help clear the backlog of requests having
built up after almost 2 years with no courses. A number of coaching staff completed their qualifications at levels 1, 2 and 3
throughout the year. We also gained a knrther Level 5 coach working at high perfomiance level.
In January we renewed 2 Competition Hire contracts, with the Suffolk County and the East Region Gymnastic Associations,
both contracts will run for a 5 year period ending in December 2027.
We are very pleased and proud to announce that the club was shortlisted and awarded 'Club of the Year, al the Suffolk
Sports Awards in November.

GYMNASTICS IN IPSWICH
DIRECTORS, & TRUSTEES, REPORT (Cont'd)
FOR THE YEAR ENDED 31 DECEMBER 2023
Recreational and Pre-school Classes
Classes continue to be at capacity. according io the number of staff we have available to coach. Despite advertising for
qualified staff and the reintroduction of our in-house mentoring scheme, we continue to struggle to attract qualified staff, to
help us return to the pre Covid levels we once had.
The Head of Pre-school went on maternity leave at the beginning of the year and came back on a phased return at the end
of the year. The waiting lists remain high with approx. 700 children currently wailing lo stsrt with the club.
Elite I Performance Gymnastics
2023 proved to be another very good year for our Elite Boys and Girls, at the beginning of the year we had an article in the
Local Evening Star and BBC Look East cameras came to the cenlre to do a feature on our international gymnasts Halle
Hilton, Emily & Abigail Roper. Ellie Comforth and Dan Leighlon-scott. We had gymnasts taking part in the English, Welsh
and Irish championships during March. A club record number of 12 club gymnasts competed al the British Championship.
Adam Steele and Halle Hilton competed for Ireland at the European Championships in Turkey and al World cup events in
Doha and Azerbaijan. They both qualified for the Paris World cup in September where Adam made Pommel Finals and
Halle made floor final. They both competed again for Ireland in World Championships in Anbmerp in October.
In September Charlie Harvey-Lloyd and Dan Leighton-scotl both competed for England in Norway. Charlie finished a very
credible 2n¢ All Around with 2 gold apparatus medals and Dan finishing 3fd with I gold and 1 bronze apparatus medal.
Emily Roper was selected for 2023 GB Senior Development squad,. where she was invited to represent GB intemationally,
in Germany in September. She also transferred from England squad to Wales, in recognition of her Welsh heritage, joining
her sister Abigail in the Welsh Squad. Amalie Turner was selected for the England squad and competed for them al the
Rush moor Rosebowl Team competition with Becky Hambling asked to be the England team coach. Both Emily and Abigail
Roper competed for Wales in the Leverkusen CLIP in October, Emily winning the All-around and Abby winning the vault as
part of the team which came second.
Again, Pipers Vale girls and boys performed well winning lols of medals at county and regional level, as well as winning a
haul of medals at invitational and friendly competitions, like the Notts and Milton Keynes Open events. At the British Teams
Under 16's Championships, our boys team ranked in 6th place.
Two of our gymnasts received sports bursaries, through the Suffolk Sports Aid Foundation in September, this has gone a
long way in helping them fund their high-level sporting journey.
We had 3 girls from across our elite section retire this year after successful gymnastics careers.
Casual Classes & Parties
All the casual activities retumed lo normal operational procedures this year, with slightly lower maximum numbers in the
winter months than pre-covid, a decision we made to help minimise the disruption of the Coughs and colds season.
Our daylime play sessions have continued to be popular, with numbers steady throughout the year. Parties continue to be
very popular with the 4 slots available being fully booked most weekends of the year.
Competition Usage
The Centre hosted a full year of competitions during 2023 with 25 competitions consisting of 6 County, 13 Regional and 6 in-
house competitions. We continued to keep some of the procedures implemented during covid restrictions in place as they
enable a smoother and rnore manageable changeover between rounds. The introduction of sum up for card payments at the
front desk and for the tuck shop has certainly contributed to a smoother more efficient system. The sale of refreshments via
the tuck shop returned this year and was moved to the Dance studio reception area which is a much bigger area and has
helped generate increased sales. with the return of the 2 volunteers who run it in conjunction with the official's lunches.
Administration and 'Front of House"
The team continue to deal with questions from customers and provide a welcome point of contact for our members. The
fronl desk remains a very busy area of the gym with a wide range of knowledge throughout the team. We welcomed a new
Wednesday receptionist in July, and she has settled into the role.
Future Development
The two projects listed pre-covid are still in consideration as mentioned above. The increasing waiting list shows no sign of
reducing and if we had additional space, we Gould attract full-time staff members which would be a more viable option than
trying lo employ part-time staff. This is an area we picked up towards the end of the year as the additional space and
replacement of the healing system are still required. Further work into this will continue into 2024, as we need to address the
items previously identified and agree an action plan for their improvemenvreplacement.

GYMNASTICS IN IPSWICH
DIRECTORS, & TRUSTEES, REPORT (Cont'd)
FOR THE YEAR ENDED 31 DECEMBER 2023
Special Announcements
Sadly, in May 2023 Cliff Hackett our Financial Director passed away. Cliff was an integral part of the Team. His keen eye for
detail along with his qLJick and witty humour will be very much missed. Cliff always brought calm and reasoned thinking lo
the boardroom and valued the people in the organisation.
In January 2023 Mr Vince Stagg was approached to join the trustees with a view to observing and then to give consideration
of becoming a fully-fledged member of the team. Vince agreed and given his previous employment as a coach at the club,
and having stayed in touch as his granddaughter is now a gymnast, Vince was becoming a regular visitor again, so made for
a good choice of candidate.
Transactions and Financial Position
The Statement of Financial Aclivib'es (Page 8) shows tolal income for the year as £905,971 {2022.' £819,328). Expenditure
during the period amounted to £941,73612022'. £901,226) - resulting in nel expenditure of £35,76512022.' nel expenditure
of £81,898). However, this deficit includes depreciation on the leasehold premises and equipmenl and losses on disposals
of equipment totaling £61,87212022'. £64,568). The Charity's operating surplus - before the prcyvisions for these costs was
£26,107 {2022= £17,3301-
Fundraising
In normal times, the Charity is in the fortunate position of being able to internally generate its own funds through the
provision of gymnastics classes, competitions, camps, room hire and the sales of clothing, food and drink. Therefore, the
Charity is not reliant on grants, donations or other forms of voluntary income from third parties. The charity does not have a
formal policy or programme for how to attract grants, donations or other sorts of voluntary assistance. The Charity has not
used any third parties to raise funds on ils behalf and has not received any complaints regarding fundraising.
Reserves Policy and Going Concern
The Trustees review the Charity's reserves at all regular Trustees, meetings. In line with the recommendations of the Charity
Commissioners and Companies House, the level of contingency funds held in reserve is sel taking into account parameters
such as staff numbers, monthly expenditure, notice periods, existing commitments and fulure outlook. These
recommendations suggest that the Charity should hold a reserve eoualing to six months of normal trading requirement.
The charity's operating costs for 2023 tolalled £941 ,736 which indicates that, at this time, a balance of £470,868 is needed
to be held in reseNes. The Charity's free reserves (see page 9) were £515,838 at the year-end. which is £44,970 more than
the prescribed level. It is on this basis the trustees believe that il is appropriate to prepare the financial statements on a
going concern basis.
Risk Management
At their regular Board meetings, the Trustees actively review the major risks faced by the Charity. The Charity's risk
management policies are subject to regular, close scrutiny as part of the Charity's performance rroniloring arrangements.
The principal risks identified by the Trustees and the control procedures used lo mitigate against these risks are-
Failure lo maintain income levels for the Centre A robust system is in place to monitor monthly income and
expenditLJre and the resultant investment opportunities to protect reserves in line with FSCS. The higher rale of
inflation, continued higher utility costs and the unrest in Eastern Europe continue lo have an effect upon the
disposable incomes of our customers, which may, in turn. result in a reduction in demand for gymnastics in tandem
with increased operalional costs in maintaining the cenlre.
Failure of part I whole of the building to be able lo operate the business - Carry out a full annual condition survey of
the building and equipment and have a regular maintenance plan. With the unsuccessful 'levelling up, bid we have
started work on this area which will carry fonvard into 2024.
Loss of the reputation of the Centre - Systems are in place lo ensure any unforeseen event has a plan to deal with
minimising this risk. Heallh and Safety audit carried out by an extemal professional.
Breach of safeguarding procedures - The Club mirrors the NGB {Brilish Gymnastics) policies and procedures. All
relevant staff have DBS checks. Protection and safeguarding policies are reviewed regularly and staff retrained
every 3 years on a rolling programme, unless there is a need to cary out individual training more frequently The
Charity also has 4 Welfare Officers.

GYMNASTICS IN IPSWICH
DIRECTORS, & TRUSTEES, REPORT (Cont'd)
FOR THE YEAR ENDED 31 DECEMBER 2023
Fraud The Charity regularly reviews sts IT security and follows server recommendations. It has a robust firewall
and anti-virus solkjtion. Third party professionals are employed to help with changing legislation and actions are
taken accordingly.
Investment Policy
All funds are initially held in a commercial current account with Lloyds Bank plc. Whenever any of these funds become
available for investment - on a short term basis they are transferred lo one of five investment I deposit accounts to secure
the best rate of return available in accordance with Trustees, instructions and approvals. This investment policy and ils
application are regularly subject to ￿VIeW by the Trustees.
Staff Remuneration Policy
In framing its, staff remuneration policy, the Trustees have adopted an appfoach which takes account of the Charity's need
to be competitive and economical whilst safeguarding the staffs enlillement to a 'fair day's pay for a fair day's wort,.
The Charity utilises a pay rate structure which relates to both coaching and administrative staff and recognises the pay
differentials required for application lo all staff by virtue of age, slalus, qualifications. experience and the span of individual
responsibilities. Our minimum pay rates comply with the Government's advice re the recommended National Living Wage
whilst our highest pay rates are regularly re-assessed and validated by comparison with our gymnastic and sporting
competitors throughout East Anglia. To this end, the Charity conducts an annual pay review which takes account of
increases in the 'cost of living,, Changes in our compeb"tors' pay rates and the need to reward our staff for performance over
and above the Charity's expectation5.
Trustees and Directors
The Trustees and Directors of the Company throughoul the year unless otherwise stated are as shown on Page 1. (Nobody
has any beneficial interest in the Company.)
Appointmont of Dlrectors and Trusteos
When a vacancy occurs for a co-opted Trustee, the remaining Trustees seek to appoint an individual with skills and
experience which they feel will be of benefit lo the Charity All prospeclive Trustees are given a copy of the document "Roles
and Responsibilities of 8 Tnjstee" and have the opportunity to 'sit-in' at a regular Board of Oireclors, meeting. There is no
forrnal induction and training programme but individual Trustees attend seminars and other functions to update themselves.

GYMNASTICS IN IPSWICH
DIRECTORS, & TRUSTEES, REPORT (Cont'd)
FOR THE YEAR ENDED 31 DECEMBER 2023
TRUSTEES. RESPONSIBILITIES
The Charity's Trustees {all of whom are also Directors of Gymnastics In Ipswich for the purposes of company law) are
responsible for preparing a Trustees, annkjal report and financial statements in accordance with applicable law and United
Kingdom Accounting Standards Iunited Kingdom Generally Accepted Accounting Practice).
Company law requires the Charity's Truslees to prepare financial statements for each year which give a true and fair view of
the state of affairs of the Charitable Company and of the incoming resources and application of resources. including the
income and expenditure, of the Charitable Company for that period. In preparing the financial Statements, the Trustees are
required lo..
Select suitable accounting policies and then apply them consistently",
Observe the methods and principles in the Charities SORP..
Make judgements and estimates that are reasonable and prudent.,
stste whether applicable UK accounting standards have been followed, subject to any material departurès disclosed
and explained in the financial statements., and
Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity wll
continue in opeialion.
The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy al any ts'me the
financial position of the Charity and to enable them to ensure that the financial slalements comply with the Companies Act
2006. They are also responsible for safeguarding the assets of the Charity and hence taking reasonable steps for the
prevention and detection of fraud and other irregularities.
The Trustees are responsible for the maintenance and integrity of the corporate and financial information included on the
Charitable Company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial
statements may differ from legislation in other jurisdictions.
The Trustees. Report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2008
relating lo small companies.
Signed on behalf ol the Company..
Mrs. E. Woollard
Trustee, Director and Chairperson
Approved by the Board of Directo
on...
¥qknST

GYMNASTICS IN IPSWICH
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF GYMNASTICS IN IPSWICH
FOR THE YEAR ENDED 31 DECEMBER 2023
I report lo the trustees on my examination of the accounts of Gymnastics in Ipswich (the Charity) for the year ended 31
December 2023.
Responsibilities and basis of report
As the trustees of the Charity {and also ils directors for the purposes of company lawl you are responsible for the
preparation of the accounts in accordance with the requirements of the Companies Act 20061'the 2006 Act,) and the
Charities Act 2011 {'Ihe 2011 Act'l
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 accounts carried out
under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by
the Charity Commission under section 14515) Ibl of the 2011 Act.
Independent examlner's ststement
The charity's gross income exceeded £250,000 and l am qualified to undertake the examination by being a qualified
rnember of The Institute of Chartered Accountants in England and Wales IICAEW).
I have Cofnpleted my examination. I confirm that no material matters have come to my attention in connection with the
examination giving me cause to b6liev8 that in any material respect
accounting records were not kept in respect of the Charty as required by section 130 of the Act,. or
the accounts do not accord with those records., or
Ihe accounls do not comply with the applicable requirements Con￿ming the form and conlenl of accounts set out
in the Charities (Accounts and Reports) Regulations 2008 olher than any requirement that the accounts give a 'truè
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 examinalion to which attention should be
drawn in this report in order lo enable a proper understanding of the accounts lo be reached.
Mrs. H. Rumsoy FCA
Ensors Accountants LLP
Connexion5
159 Princes st￿et
Ipswich
IP1 1QJ
Date

GYMNASTICS IN IPSWICH
STATEMENT OF FINANCIAL ACTIVITIES
(INCLUDING INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31 DECEMBER 2023
Notes
Unrestrlcted
Funds
Deslgnated
Funds
R#strl¢¢gd
Fund$
Total
2023
Total
2022
INCOME FROM:
Donations, Grants and Legacies
Charitable Activities
Trading Aclivities
Other Income
Investment Incorne
4.001
778.729
113.070
5,050
5.121
4,001
778,729
113,070
6.050
5,121
5,740
717,387
92.903
3,045
253
TOTAL INCOME
905,971
90S,971
819.328
EXPENDITURE ON:
Raising Funds
Charitable Activities
137,7691
1842.0951
137.7691
1903.9671
138,2381
1862,9881
161.8721
TOTAL EXPENDITURE
1879,8641
161,872
1941,7361
1901,2261
NETINCOME / EXPENDITURE
26,107
161,8721
135,7651
181,8981
Exiraordinary items
Transfers be￿een Funds
12
19
106,721
112.7961
12,796
NETMQVEMENT IN FUNDS
13
13,311
149,0761
135,7651
24,823
RECOP4CILIATION OF FUNDS:
Total Funds Brought Forward
502.527
1.296,999
4,154
1,803.680
1,778.857
TOTAL FUNDS CARRIED FORWARD
516.83B
1.247.922
4,154
1,767.915
1,803,680
All of the abovo r•sults ar• d•riv•fl from ¢ontlnulng actlvltles.
The Company has no r•cognls•d Galn$ or Losses other than the results lor the year as shown abow.
The Notes on pagos 1110 19 form part of th• Fin•n¢l41 Statements.

GYMNASTICS IN IPSWICH
BALANCE SHEET
AS AT 31 DECEMBER 2023
Note8
2023
2022
FIXED ASSETS
Tangible assets
14
1,247,922
1.296,999
CURRENT ASSErs
Stocks
Debtors
Cash ai bank and in hand
15
16
6,129
9.903
555.726
671.758
6,972
3,025
560,148
570,145
CURRENT LIA81LITIES
Creditors." Amounts fallino due within one yt8r
17
181.7661
IS3,464
NET CURRENT ASSETS
519.992
506,681
NET ASSETS
1,767,914
1.803,680
THE FUNDS OF THE CHARITY..
Unrestrtcted
De6lgThated
R8strlct8d
616.838
1.247,922
4.154
502,527
1,298.999
4.154
19
20
1.767.914
1,803.880
For the year ended 31 December 2023. the company entitled to audil exempt*on under section 477 of the Companies Act 2006
laiing to small companies.
No members have ￿QuIred the ¢ornpany to obtsin an audit of Its accounts lor the year In question in accordance %*ith 58clion
476 of the Companies Act 2008
The Twstee5 aCkn￿edge their re$￿SIbIlrtIes for comptying ￿1h the reqU1￿MentS ofthe Companie$ Act 2006 wth ￿SPect to
accounting records and the preparation of financial statements.
These fi'nanc￿1 statemen15 have been prepared in accordan￿ the provtsions applicabk to eomp8nies subj'ect io the Sn￿1
CoMpan￿s, regime.
Approveil by the BoarQolglfe¢lo
dTru
estsn
. and Slgned on th?Ir behalf by-
Mrs.
Trustee, Dire¢tor and Chalrperson
Mrn. L. J. Stopber
Admlnlstratlon l Flnanc• Managèr
Cornpany No. 3412274
The Notss on page$ 11 to 19 form part of the Flnanclal Si8tementS.

GYMNASTICS IN IPSWICH
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 DECEMBER 2023
Notes
2023
2022
Cash Provlded by Operating Activities
25
3.253
86.198
Cash Flows from Investing Activities:
Interest Income
5,121
253
Purchases of Tangible Fixed Assets
(12,796)
113,863)
Cash Used In Investlng Actlvltles
{7,675)
(13,610)
Increasel{Docrease) in Cash and Cash Equivalents in the year
14,422)
72,588
Cash and Cash Equlvalents at the beginning of the year
560,148
487,560
Totsl Cash and Cash Equlvalents at the end of the year
555,726
560,148
10

GYMNASTICS IN IPSWICH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
ACCOUNTING POLICIES
BASIS OF PREPARATION OF FINANCIAL STATEMENTS
The financial statements have been prepared in accordance with the Charity's governing document, the
Charities Act 2011 and Accounting and Reporting by Charities.. Statement of Recommended practi￿ applicable
to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK
and Republic of Ireland {FRS 1021 and the Companies Act 2006.
Gymnastics In Ipswich meets the definition of a public benefit entity under FRS 102. Assets and liabilsties are
initially recognised al historical cost or transaction value unless otheNise stated in the relevant accounting
policy note{sl
The financial slalements are prepared in sterling, which is the functional Curren￿ of the Charity. Monetary
amounts in these financial statements are rounded to the nearest pound. The Trustees are satisfied that the
Charity will continue to meet ils liabilities as they fall due, therefore. Ihe Tfuslees continue to adopt the going
concern basis of accounting in preparing the financial statèments.
BASIS
F FUND ACCOUNTING
General Funds are unrestricted funds which are available for use al the discretion of the Trustees in furtherance
of the general objectives of the Charity and which have not been designated for, or restricted to. other purposes.
Designated Funds are funds that have been set aside by the Trustees for a particular purpose.
Restricted Funds are funds which are to be used in accordance with specific restrictions imposed by donors or
which have been raised by the Charity for particular purposes. The costs of raising and administering such
ftjnds are charged against the specific fund. The aim and use ol each restricted fund is sel out in the Notes to
the Financial Stslements.
TANGIBLE FIXED ASSETS F
R USE BY THE CHARITY AND DEPRECIATION
Tangible fixed assets for use by the Charity are stated at cost less depreciation.
Depreciation is provided at rates calculated to write off the cost of fixed assets less their estimated residual
value. over their estimated useful lives, on the following bases.,
Pemianenl Centre - over the remaining lease tem
Fixtvres, Fittings and Equipment- 15 % reducing balance.
The gain or loss arising upon disposal of an asset is delemined as the difference b&￿een the sale prO￿ed$
and the carryin9 va5ue of the asset and is recognised in nel income I (expenditure) for the year.
At each reporting date, the Charity reviews the carrying amounts of ils tangible assets to detemiine 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 tc determine the extent of the impairment loss (if any).
Where it is not possible lo estimate the recoverable amount of an individual a55et, the Charity estimates the
recoverable amount of the cash-generaling unit to which the asset belon9S.
INCOME
Income is recognised when the Chartty has entitlement to the funds, any perfomance conditions attached to the
itemlsl of income have been met, it is probable that the income will be ￿e￿ived and the amount can be
measured reliably. Income from government and other grants, whether 'capital' grants or 'revenue' grants. Is
recognised when the Charity has entitlement to the funds, any performance conditions attached to the grants
have been met, it is probable that the income will be re￿1Ved and the amount can be measured reliably and is
not deferred.
Activity fees are charged principally lo casual users and also to members as and when facilities are used.
Voluntary income and donations are accounted for as and when received by the Charity. Income from fund
raising activities is shown gross with associated costs inGluded as fund raising expenditure. The income is
accounted for by the Charity as and when received.
11

GYMNASTICS IN IPSWICH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
ACCOUNTIN
LICIES
Cont'd
INTEREST RECEIVABLE
Interest on fvnds held on deposit is included when receivable and the amount can be measured reliably by the
Charity., this is normally upon notification of the interest paid or payable by the Bank.
EXPENDITURE AND IRRECOVERABLE VAT
Expenditure is recognised once there is a lega1 or constructive obligation to make a payment to a thiTd paty, it is
probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure
is classified under the following activity headings.
Cosls of raising funds comprise tuck shop, clothing purchases and other fvndraising costs, induding their
associated support costs.
Expenditure on charitsble activities includes the costs of acbvities undertaken to further the pufposes of the
Charity and their associated support costs.
Other expenditure represents those rtems not falling into any other heading.
Irrecoverablè VAT is charged as a cost againsl the activity for which the expenditure was incurred.
All costs are allocated behveen the expenditure categories of the SOFA on a basis designed to reflect the use of
the resource. Costs relating lo a particular activity are allocated difectly., others are apportioned on an
appropriate basis.
STOCKS
Stocks are valued at the lower of cost and net realisable value.
CASH AT BANK AND IN HAND
Cash at bank and in hand are basic financial assets and include cash in hand, deposits held at call with banks,
other short-lerm liquid investments with maturitie5 of three months or less and bank overdrafts. Bank overdrafts
are shown within borrowings in current liabilities.
TAMTION
Gymnastics in Ipswich is exempt from corporation tax on charitable activities.
TRU
TEE
'REM
NERATION
No remuneration was paid to any member of the Board of Directors.
OPERATING LEASES
Rentals payable under operating leases are charged against income on a straighl-line basis over the lease lerm.
PENSIONS
The Charity operates a defined contribution pension scheme for all qualifying employees. Contribub'ons are
charged in the accounts as they become payable in accordan￿ with the rules of the scheme.
12

GYMNASTICS IN IPSWICH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
ACCOUNTING POLICIES
Cont'd
M. EMPLOYEE BENEFITS
The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are
required to be recognised as part of the cost of stock of fixed assets.
The cost of any unused holiday entitlement is recognised in the period in which the employee's services are
received.
N. FINAN
IAL INSTRUMENTS
The Charity has elected lo apply the provisions of Section 11 'Basic Financial Instrumenls, and Section 12
'Other Financial Instruments Issues, of FRS 102 to all of its financial instruments. Financial instruments are
recognised in the Charity's balan￿ sheet when the Charity becomes party lo the conlraclual provisions of the
instrument. Financial assets and liabilities are offset, with the nel amounts presenled in the financial statements,
when there is a legally enforceable right to set off the recognisable amounts and there is an intention to settle on
a net basis or lo realise the asset and settle the liability simurtaneously.
8asic financial assets
Basic financial assels, which include debtors and cash and bank balances. are initially measured at transaction
price including transaction costs and afe subsequently carTied at amortised cost using Ihe effective interest
method unless the arrangement constitutes a financing transaction, where the tTansaclion is measured al the
present value of the fvture receipts discounted at a market rate ol intere51. Financial assets classified as
receivable within one year are not amortised.
Basic finanGi81 liabiliti&s
Basic financi21 liabilities, including creditors and bank loans, are initially recognised at transaction pri￿ unles5
the arrangement constitutes a financing transaction, where Ihe debt instrument is measured at Ihe present value
of the future payments discounted at a market rale of interest. Financial liabilities classthed as payable within
one year are nol amortised.
Debt instruments are subsequently carried at amortised cost, using thè effective interest rate method.
Trade cr8ditors are obligations to pay for goods or seNices that have been acquired in the ordinary course of
operations from suppli8rs. Amounts payable are classified as current liabilities If payment is due wilhin one year
or less. If not, they are presented as non-current liabilities. Trade creditors are recogni5ed initially at transaction
price and subsequently measured at amortised cost using the effective interest rate method.
CRITICAL ESTIMATES AND JUDGEMENT
In the application of the Charity's accounting policies, the Trustees are required to make judgements, estimales
and assumptions about the carrying amount ol assets and liabilitie5 that are not readily apparent from other
Sour￿$. The estimates and associated assumptions are based on historical and other factors that are
considered to be relevanl.
The estimates and underlying assumptions are ieviewed on an on-going basis. Revisions to accounting
estimates are recognised in the pefiod in which the estimate is revised where the revision affects only that
period or in the period of the revision and future periods wher6 the revision affects both CLJrrent and future
periods.
13

GYMNASTICS IN IPSWICH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Unrestrictèd
Fund$
Dèsignatèd
Fund$
Re$trict*d
Funds
Total
2023
Total
2022
2. DONATIONS. GRANTS AND LEGACIES
Donauon5
Grants
3,751
250
3,7S1
250
1,024
4,716
4,001
4,001
5.740
Comp8ralive Total
3.240
2,500
5,740
3. CHARITABLE ACTIVITIES
Club Classes
CIL*b Fees
Room Hire
Affiliatlon and Cornpelition Fees
Other
305,975
382.168
66.877
22,185
2,524
305,975
382,168
65.877
22,185
2,624
282.085
348.204
59,082
25,820
2,196
778,729
778.729
717,387
Comparative Total
717,387
717.387
4. TRADING ACTIVITIES
Tuck Shop and Vending Sales
100 Club
Xmas Pudding l Egg Hunt
Qui22es. Raffles end Draws
Summer Camp
Christmas Show
Re¢re81ion81 Competitions
Sales of Clothing
Other Fund Raising
28.412
1.077
28,412
1,077
880
1B.606
1,204
1,282
301
28,255
5,456
25,265
9,459
3,075
24,851
7,104
38,977
S,386
6,383
24.851
7,104
38,977
5.386
6.383
113,070
113,070
92,903
CompaTalive Total
92,903
92.903
S. OTHER INCOME
Miscellaneous Income
5.050
5,050
3,045
5.050
5.060
3,045
Comparative Tot81
3.045
3,045
6. INVESTMENT INCOME
Bank Interest
5,121
5,121
253
5,121
5.121
253
Comparalsve Total
253
253
14

GYMNASTICS IN IPSWICH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Unrestricted
Funds
Designated
Funds
Restricted
Funds
Totsl
2023
Totsl
2022
7. ANALYSIS OF EXPENDITURE ON RAISING FUNDS
Tud( Shop and
Vending Purchases
100 Club
Xma$ Pudding l Egg Htjnt
Summer Camp
Chri51rnas Shi)w
Clothing Purchases
Othei Fund Raising Expenses
117,6391
17631
15931
14,1391
12901
18,5941
15,7511
{17,6391
17631
15931
14,1391
12901
18.5941
15.7S11
113.9481
16181
15161
18,3731
11441
18,5021
16,137
137.7691
137,7691
138,2381
Comparats"ve Total
38,238
38,238
B. ANALYSIS OF EXPENDITURE ON CHARITA8LE ACTIVITIES
GYMNASTICS
Staff Costs
Affiliation Fees
Competition Fees & Expenses
Gymnasiurn Chalk & Tape
Other
Governance Costs (see Note 101
Support Costs Isee Note 111
1654.9991
14.0181
115.0421
11.7711
124,1231
111.6621
1130.4801
1654,9991
14,0181
11S,0421
11,7711
124,1231
111.6621
1192,3521
(634.8121
12,6581
118,8771
12,0061
116,2331
128.4701
(159,9321
161,8721
1842,0951
161,8721
{903.9671
862,9881
ComparatlV8 Tot81
798.420
862 988
9. STAFF COSTS
Stall Costs are detailed as follows.
2023
2022
Contractual Pay Costs
S818rie5 & Wages
Employer's National Insurance
Employerfs Pènsion Contributions
12,4701
1604,6181
136,9361
10,9741
13,1641
{586.0451
136,1591
19.4441
1654,9981
634,812
Number ol Employaes earning £60.000 p.a. or more
Ttte Avèrage Number of Employees during the year was
63.25
53.92
15

GYMNASTICS IN IPSWICH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Unrestricted
Funds
D*signated
Funds
Restricted
Funds
Totsl
2023
Totsl
2022
10. GOVERNANCE COSTS
Examination Fees
Acctsunlants, Fee5
Other Profession81 Fees
Bank Charges
13,9001
15.4791
13,9001
15.4791
12.9401
15.5051
118.1611
1,8641
12,283
2,283
111.6621
111.6621
128.4701
Comparative Total
28,470
No remuneration was paid to any m&mbBr of the Board of Directors.12022.' £Nill
No expenses were re-imbursed lo 8ny rnernber of the Board of Directors.12022.' £Nill
During 2023, the key managemènt persgnnel of the Charity comprised the Trustees. the Administration l Finance Manager
and the F8cilrties bAanag¢r.
A5 a ￿SuIt, the total employee benefit$ of the key rnanagement personnel ol the Charity were £81.881 12022.. £78,746).
11. SUPPORT COSTS
Premises Costs
Administrative Expenses
Depreciation
Loss on Disposal of Tangible Fixed As5els
Other Expenses
177,102)
132,6521
177.1021
132,6521
161,3091
15631
20,726
157,1781
120,5431
162,2431
12,3251
17,643
161,3091
15631
20,726
1130.480
61,872
192,352
159,932
Comparative Total
95 364
64 568
159 932
12. EXTKAORDINARY ITEMS
Ouring the prior year, the Charity received £106,721, an insurance payrnent under its business interruption policy in relation lo the
disruption c8usecJ by the COVID-19 pandemic for 2020. This wa5 a second payout lor lockdown 214 weeks) and lockdown 313 monthsl.
The payment was deemed an extraordinary item as the outcome of the insurance was unexpected, paid out almost 2 years in
arrear5, via an appeals pr￿$$ The appeal was lod9ed by Flaxmans P8rtners, involving the Financial Ombusmsn This gross amount
was subject to 8 eommision ftre to Flaxman totslling £12,807, giving a net income of £93.914
13. NET MOVEMENTS IN FUNDS FOR THE YEAR
The net movement in lunds for the year ended 31 December. 2023 is stated after charging..
2023
2022
Operating Lea585- Equipment
Net Loss on Disposals ol Tan9￿ble Fixed Assets
Depreciation of Tangible Fixèd As5eis for use by the Charity
Examiner's Fees
AcLountants' Fees
Other Professional Fees
13,9971
15631
161,3091
13,9001
15,4791
12,2151
12,3251
162,2431
12.9401
15.5051
118,1611
16

GYMNASTICS IN IPSWICH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
14. TANGIBLE FIXED ASSETS
LEASEHOLD
PROPERTY
FIXTURES
FITTINGS &
UIPMENT
TOTALS
COST
Al 1st January 2023
Additions
Disposals
Al 31st December 2023
1.89B,S02
344.742
12,796
2.243.244
12.796
2,444
2.253,596
1.898,S02
355,094
DEPRECIAT1014
At Isl January 2023
Depreciation Charge
Depreciatlon on Disposals
At 31st December 2023
1699,4901
14S,86SI
{246,7SSI
116.4441
1.681
{260,3181
1946,2451
161.3091
1,881
1.005,6731
1745,3551
NET BOOK VALUE
At 3151 Oecember 2023
1,153,147
94,776
1.247,922
Al 31 st December 2022
1.199,012
97,987
1.296,999
2023
2022
16. STOCKS
Stocks for re-sale
6.129
8,972
16, DEBTORS
Trade debtors
Pre-payments
7,498
2.405
430
2,595
9,903
3.025
17. CREDITORS
Amounts fallino due within one year..
Trade Creditors
Accruals and Deferrèd Income
Soaal Sgcurity and other Taxes
12731
139,4001
112,0931
16,6301
147,2261
9,608
151,7661
63,464
Deferred Income
Balance al 31 Decernber 2022
Amounts released to income earned Irom charftable actimties
Amounts deferred in the year
138.2111
38,211
35.5001
138,2081
38,208
138.211
Balan￿ al 31 Oecember 2023
135,5001
138.2111
Deferred Income relate5 to receipts in respect of 2024 bookings and courses recerved in advance.
18. MEMBERS. GUARANTEES
The Company is limited by guarantee and does not have share capital. Every member of the Company undertakes to
contnbute to the assets of the Company if il is wound up during the time that he OT she is a member, or wilhin one year
Ihereafter, for payment of the debts and liabilities of the Company contracted before the lime al which he or she ceases
lo be a member and of Ihe costs of winding up and for adjustments ol t*)e rights of the contributors among themselves
such amount as rnay be required not exceeding £1.
17

GYMNASTICS IN IPSWICH
NOTES TO THE FINANCIAL STATEMENTS
FOR TrIE YEAR ENCIED 31 DECEMBER 2023
19. DESIG14ATED FVNI
Forthe year end•d 31 Decgmber 2023
Movement In R¢$ouTC•S
Incomg
Transf+r5
from I Itol
Unreslrfcted
Fvnd$
Balanre
31 December
2023
1 January
2023
Leasehold Prop8rty
FJXIU￿s. FIMin9s Equipmènl
1,199,012
97,987
14S.8651
116,0071
1.153,147
94.776
12,796
1,296.999
12.796
1,247.922
Egth ol the above prowsion5 represent ¢ommilmeM5 8ppro¥ed by the Trusiees foF which Ihe lunQ5 required have been Sel •yde by th8 Cttarity Irom ils
O¥m ttrsource$ In each case. Ihe Tr8n5fers ￿ and from Unresirf¢ied Funds serve to finance th8 nett15urplusl Ideficil resuthng from ihe ￿rren1 ￿1¢8
income and e*pendilure
For tho ￿ar ended 31 Dpcomber 2022
8alan¢e
1 January
2022
Mov•m•nt in Rèsources
Income
Expenditure
Tr8nsfr
from I Itol
ilnr•striEted
Funds
Balan¢•
31 Dwc•mber
2022
LeaseholdPtDperty
FL¥l￿￿S. Fitlings 8ndE¢￿￿ment
Cornna Relum ProJ8cl
1,2dlS,646
102,058
146,6341
117,9341
1.199.012
97.987
13.863
(2.5DOI
1.347,704
2.500
164.5681
11,363
1.2￿.995
20. RESTRICTEP FUPIPS
For the y•ai endèd 31 Dè¢èmber 2023
B•lanc•
1 Jinuary
2023
Mov¢moni In R*sourc•s
Income
Expefidllut•
Translers
from
Vnreslricted
Funds
Balan¢
31 D•cemb?r
2023
Intemaknnal Events
4.154
4.154
4,154
4,1fj4
The above prl6¢t has been approved by th2 TtU5tee5 forimplemenlalion, subjedto its costs beiDQ aoieed and fin8nced- in whole tsr in part-
by Gr¥nls and Dolltttions from exiemal sour¢e5.
The "Intem8t￿n8IE￿ents. Fund was inil18ted in conjunrtion with a nurnber of DonLY6 to enable the CharfV$ oymns*s and co8ths 10 P8itithpaie in
irtemational e￿nIS and cornpetstions 85 P8rt of Iheir'Elrtè' coactting an¢t development Tht balance Bs al 3151 December 2023 repres8nis the Value of
tuntt5 remaining lo conlinue PFoje¢i. year￿TrY8•1, in 8ccord8n¢& W￿th the Donors. Yéishes.
FoTthe year ended 31 P•¢emb•r2022
Balan¢•
l January
2022
Mtsvomtnt In Resources
Income
Expèndlturo
Trnn8f•rs
from
UnTr8twiciod
Funds
31 Decembfrr
2022
IntematK)nal Ev¢nl$
4,154
4,154
18

GYMNASTICS IN IPSWICH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
21. AFIALYS15 OF NET ASSETS BETthEEN FUNDS
Foithe ye•r¢nd¢d 21 Decèmbor202J
Vnreslrfded
Deslgnatèd
Restrfcte
Total
Tangible Fixed ASS*8
Currtni AS$gt9
Cu￿ent Liabilititrs
1.247,922
1.247.922
571.168
61.766
567,604
161.7KI
4,164
616,B3B
1,247,922
4154
1,767,914
Forth* 31 9ec¢mber ￿23
Unre5trfcted
Deslgnated
R￿lICIta
Total
Tan9ib1e FixedA5se15
Cutyeni ASSSts
CU￿￿nI LIabi*t￿5
1.295.999
1,29S.999
570,145
183,4641
565.991
163.4YI
4,154
502.527
1.296.999
4,lY
1.803,680
22. COMMITMENTS
Al 31$1 DeGèmber 2023. tho chatitywas commiitBd ID rnakirgthe IdlwAng pBymfyntS L￿a￿T nrJn-¢on¢èllatA8 operniii91088ts"
202a
2022
Withln cne year
WILhin twu ID fiY&y*a
691
2.215
1.107
691
3.322
Al 31st Decernber 2ll23 th8 ChaFty hDd Capi￿ commrtmpnls to bB mat fft 2024 CO$lino £Nil 12023 £Nd}
23. PENSIONS
The Chanty operales 4 thfined contrtbulion pension schemefor Bll q￿1￿yIn9 omrAtyy80$ Thtr 1$s•t8 Df Sti*The Brn hBld 5eparale1ylfom those of
cth¥nty in8n indspenoeniiy 8dminisiwed fund In 20Z3, thtr charge lo profil or105s ￿ r4speGtDI thèdefined conlribjbon sthemfrv￿s £10,97412022". £9,444)
24. ftEL4TÈD PARTY fRANsACT￿N$
Imme¢i81* family metnb8rs of L siopner IFinan¢g 8 AOmini$iratson Manager) J knham ITnJ51eelwwe employed tyy the ChBrity dunng the curwi
and pnor yèar Thè rèmurtèr8bon to ihese mdividu81$ was on Iho samo b8SiS8S tor olhereffl￿oyee5 arhy loialed £81.161 12022 £e8.5781, none of
thwas OJ15t£ndin9 aierther yeor ènd
24. RE¢ON¢ILIATION OF NET IIOVEMENT IN FUNDS TO NÈT CASH FLOWFROII OPERATING ACTIVITIES
Total
2023
Toi81
2022
N• Movem•ni m Fund$
Add back Doweuatson c￿rge
Add b8¢k L055 on Dlswsal LrfTangibl& FiKed A55815
D￿￿et Interest Income shovm in 1rNe￿ing ActNthEs
D￿085￿/ Ilncrea5p) In Siorks
Ilnue25el l Decrèase In Debt¢rs
In¢re880 I IOBcreasDI In Credilors
135.7661
61.309
S63
24.823
62,243
2,325
17.0481
16,8781
14.9531
3,253
86,198
19

GYMNASTICS IN IPSWICH
INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2023
INCOME
Un¥estrictèd
D•slonated
R95tr1Gted
Total
2023
Tolal
2022
INCOME FROM..
DONATIONS. GRANTS AND LEGACIES
Donations
GraN5
3,751
250
3,7$1
250
1,024
4.716
CP¢ARITA8LE ACTIVITIES
Pre-scheol CL8sses
Recreational CLqs$&6
Qasual Classes
Cujb Fees
Room Hire
Affihaiion Fees
C(Mmpetrfii)n Fee$
cha￿ & T•pe
107,818
172,238
25,922
362,168
66,877
2,285
19,901
2,524
107,816
172,238
25,922
382.188
65.877
2.285
19,901
2,624
70.151
171.065
40,869
348.204
59,082
951
24,869
2.196
TRADING ACTIVITIES
Tuck Shop ond Vendin9 S•ks
100 Club
Xmas Pudding l E99 Hunt
Quizzes. R8ff*s and Draws
Summer Camp
ChristrTk45 Show
R¥reational Cornpetrtion5
Sa*s of Ch)Ihing
Other Fund Raising
28.412
1,077
28,412
1.077
1e.6Th5
1.204
1.282
301
28.255
S,456
25,265
9.459
3,07S
24,861
7,104
3B,977
5,3B6
6,383
24,851
7,104
3B,977
6.386
6.383
OTHER INCOME
Miscellaneous
5.050
5,050
3,045
INVESTMENT INCOME
Bank & Puikling So¢iEty Inlere5t
5,121
6,121
253
TOTAL INCOME
905.971
905,971
819,328
Cthmpafaiive Total
816.828
2.500
819.328
20

GYMNASTICS IN IPSWICH
INCOME AND EXPENDITURE ACCOUNT
FOR THEYEAR ENDED 31 DECEMBER 2023
EXPENDITURE
Unrestri¢te
Deslgnatsd
Restrl¢t•d
Total
2023
Toial
2022
EXPENDITURÈ ON=
RAISING FUNDS
Tuck Shop #nij Vending Purchases
100 Ctub
Xma5 Pudding l Egg Huni
Summer Camp
Christrnas Show
c￿thIng Purthoses
Other Fund Raising Expenses
117,6391
17631
15931
14,93BI
129DI
18,5941
15,7511
117,6391
17631
16931
14,1381
12901
18,5941
1S,T511
113,9481
18,3741
11441
18.5011
CHARITABLE ACTIVITIE$
CDnlractual Poy Costs
SaWie5 & W8ges (incl Em￿0ye¢S N.1 8NJ Pen$ion Cont5 1
Administralion l Finance Manager
Administraiion & Reteplion
FÈcililies Manager
Leisure
Cleanin9
Coaching siall
Party Bo)knn99
SthDoL
Affiliation Fee5
cornpetiti￿ Fees & Expenses
Gyrnnasium Chalk
Insurance re Clients & Compe1rt￿n5
Equiwienl Purth8ses
Equipment Maintenance
Mlnl-Bus- Running Co$1$
2,4701
12,4701
13.0041
172,9B71
134,4711
135,5461
129,1981
113,8181
1447,9131
17,3771
111,5191
14,0111
11S.O421
11,7711
114,0101
16,1991
12,5351
11,3791
172,9871
134.4711
133,Sd61
129.19BI
113.5181
1447.9131
17.3771
111,5191
14,0181
116.0421
11.7711
114.0101
16.1591
12,5351
11.3791
171.2361
137.8731
132,6391
124.7431
110.3521
1432.8341
117.3921
14.7411
12.6581
118.8771
12.OD61
113,3761
1247)
11.3721
11.2381
GoveRWINCE COSTS
Examination Fees
Acwuntants, Fees
ath8r ProfÈ&sional F¢e5
Bank Charge5
IJ,80ts1
15,4791
13.9001
16A791
12.9401
15.5051
12.2831
12,2831
11,8641
SUPPORT COSTS
Premises Costs,
Te￿phOnes, Healing & Ligmting
Fumiture & Fittings
Ckoning
Repairs & RenewaFs
Administrative Expen$Ès,
CD&he$' and Staff Expenses
Adverti¥lng, Postage and Stationery
B￿k Card M8chin8 Chargé$
Depr￿latIon
Loss on Disposal Df Fixe¢ Asset5
Ot￿r Expenses.,
Course Fees
M15C8Ill￿8o￿s Expen$Ès
137.7741
137.7741
124,4561
11,0231
lJ2.0531
119.6471
112,9041
126.4241
112.9041
126.4241
121.0471
13.6721
13,0461
121.0471
13.5721
13.0481
161.3091
111,0231
16,7611
12.7561
162.2431
12,3251
161.3091
15631
14.9871
12D.7261
14,?B71
120,7281
17,8801
19,7631
TOTAL EXPENDITURE
879.884
1941,7361
I￿1.226)
Cornp8ralive Total
1836,8581
164,5681
1901.2261
21