2023-07-31-accounts

Contents			Pages
Company	Information
Report of	the trustees		2to 5
Report of	the auditors		6to 9
Statement	of Financial	Activity	10
Balance Sheet
Statement	ofCash Flows		12
Notes to the Financial		Statements	13to 22

						2023		2022
					Unrestricted	Restricted	Total	Total
					funds	funds
				Notes		E
Income and endowments		from:
Donations and legacies				2	7,890	13,305	21,195	42,338
Investments				3	995		995	2,579
Charitable activities				4	874,568		874,568	729,152
Other					275		275	763
Total income					883,728	13,305	897,033	774,832
Expenditure on:
Charitable activities				5	864,739	36,732	901,471	852,071
Bursaries granted	to gymnasts		and coaches	5		300	300	90
Interest payable				5	275		275	663
Total expenditure					865,014	37,032	902,046	852,824
Net income I(expenditure)					18,714	(23,727)	(5,013)	(77,992)
Transfers between	funds				9,278	(9,278)
Net movement in	funds				27,992	(33,005)	(5,013)	(77,992)
Fund balances brought forward				13	176,473	1,067,628	1,244,101	1,322,093
Fund balances carried forward				13	204,465	1,034,623	1,239,088	1,244, 101

			2023		2022
		Note	F
Fixed assets
Tangible fixed assets				1,105,088		1,134,172
Current assets
Debtors		9	13,484		22,451
Cash at bank and	in hand		169,440		136,659
			182,924		159,110
Creditors:
Amounts falling due within one year		10	(48,924)		47,920
Net current assets				134,000		111,190
Total assets less current liabilities				1,239,088		1,245,362
Creditors:
Amounts falling due after more than one year		11				(1,261)
Net assets				1,239,088		1,244, 101
Income funds
Unrestricted funds		13		204,465		176,473
Restricted funds		13		1,034,623		1,067,628
				1,239,088		1,244,101

				2023		2022
			Note	f		f
Cash flow from operating		activities
Deficit for the year				(5,013)		(77,992)
Adjustments for:
Interest received			3	(995)		(79)
Depreciation oftangible	fixed assets		5	42,279		44,646
Profit on disposal offixed		assets				(4,700)
Movements in working capital:
Decrease 1(increase) in	debtors			8,967		(13,545)
Decrease I (increase) in	creditors			(257)		8,299
					44,981		(43,371)
Cash flows from investing		activities
Receipts from sale oftangible fixed assets
Purchase oftangible fixed	assets			(13,194)		(46,727)
Proceeds from sales oftangible fixed assets				(1)		4,700
Interest received			3	995		79
					(12,200)		(41,948)
Net increase in cash and	cash equivalents				32,781		(85,319)
Cash and cash equivalents		at beginning	of year		136,659		221,978
Cash and cash equivalents		at end of	year		169,440		136,659
Cash and cash equivalents		consists	of:
Cash at bank and in hand					169,440		136,659

2023		Unrestricted	Restricted	Total
		funds	funds
		6	6	6
Donations		6,340		6,340
Grants		1,550	13,305	14,855
		7,890	13,305	21,195
Grant income breakdown
Institutional		1,550	13,305	14,855
2022		Unrestricted	Restricted	Total
		funds	funds
			E
Donations		5,364		5,364
Grants		2,490	34,484	36,974
		7,854	34,484	42,338
Grant income breakdown
Institutional			31,484	31,484
National	Government	2,490	3,000	5,490
		2,490	34,484	36,974

Income from investment	s
		2023	2022
(All Unrestricted)		Total	Total
		E	F
Rental income			2,500
Interest receivable		995	79
		995	2,579
Income from charitable	activities
		2023	2022
(All Unrestricted)		Total	Total
Gym Fees Private Hire and Parties		785,440 35,722	649,745 31,265
Other sales		53,406	48,142
		874,568	729,152

Expenditure on chari	tabl	e a	ctivities
2023					Unrestricted			Restricted			Total
										F	6
General m activities
Activities undertaken	directly					583,255					583,255
Support costs: Other operating costs						143,653			5,800		149,453
Staff costs							80,166				80,166
Consultancy fees
Depreciation							11,347		30,932		42,279
Profit on disposal	offixed		assets
Bursaries granted to gymnasts			and coaches						300		300
S~rt
Auditors fees							3,600				3,600
Accountancy and	payroll						10,508				10,508
Independent examination			fees				1,250				1,250
Consultancy fees							600				600
Bank charges							2,465				2,465
Interest payable							275				275
Other costs							27,895				27,895
						865,014			37,032		902,046
Costs directly attributable		to a	specific	project have been	analysed	to that project as an exact amount.
The remaining costs which are not specific are considered					allocated		costs of	charitable		activities	and
have been apportioned	to	the	relevant	activity based on a	considered		proportion		ofcosts relating		to that
activity.
2022					Unrestricted				Restricted		Total
							6			6	E
General m activities
Activities undertaken	directly					574,023					574,023
Support costs:
Other operating costs						106,225				800	107,025
Staff costs							84,832		3,000		87,832
Consultancy fees							4,522				4,522
Depreciation							15,691		28,955		44,646
Profit on disposal	offixed		assets				(4,700)				(4,700)
Bursaries granted to gymnasts			and coaches				90				90
~Srt t
Accountancy and	payroll						10,499				10,499
Independent examination			fees				1,720				1,720
Consultancy fees
Bank charges							1,988				1,988
Interest payable Other costs							663 24,516				663 24,516
						820,069			32,755		852,824

Employee emoluments	Employee emoluments	2023	2022
		Total f.	Total f
Wages and salaries Other benefits		589,412 1,947	597,553 1,283
Social security costs Defined contribution	pension costs	41,323 14,698	41,431 14,025
		647,380	654,292
Number ofemployees
Coaching staff Administration staff		35 4	34 4
		39	38

Tangible fixed assets
	Leasehold Property f	Equipment f	Total
Cost
At 31 July 2022 Additions Disposals	1,299,397	373,211 13,194 ~8,69))	1,672,608 13,194 ~8,691)
At 31 July 2023	1,299,397	377,714	1,677,111
Depreciation At 31 July 2022	207,868	330,568	538,436
Charge for the year Dispcsals	25,998	16,281 ~(8,692	42,279 ~8,692)
At 31 July 2023	233,866	338,157	572,023
Net book value
At 31 July 2023	1,065,531	39,557	1,105,088
At 30July 2022	1,091,529	42,643	1,134,172

Debtors
		2023	2022
		Total f	Total
Trade debtors		8,910	12,726
Other debtors			417
Prepayments	and accrued income	4,574	9,308
		13,484	22,451

				2023	2022
				Total E	Total f
Trade Creditors				11,306	6,551
Loan from	Huntingdon	District Council		1,261	7,563
Taxes and social security costs				1,240	878
Other creditors - Defined contribution			pension costs	3,333	2,747
Accruals				6,243	4,864
Deferred	Income			25,541	25,317
				48,924	47,920

Funds contin	ued.	.	.
2022				At 1 Aug		Incoming	Outgoing		At 31Jul
					2021	resources	resources	Transfers f	2022 f
Unrestricted	funds
General					256 194	740,345	~820,069)		176,473
Restricted funds
Building costs				1,061,640			(26,006)		1,035,634
Sharpington Hall Floor						26,587	(2,949)		23,638
Young Coaches Training Equipment					4,009 250	4,097			8,106 250
Apprenticeship Grants Donation for travel						3,000 5011	(3,000) ~600)
				1,065,899		34,484	(32,755)		1,067,628
				1,322,093		774,832	~852,824)		1,244, 101
The funds are	constituted			as follows:
								2022
							Unrestrictedf	Restrictedf	Total
Tangible fixed	assets						74,900	1,059,272	1,134,172
Debtors							22,451		22,451
Cash at bank	and	in	hand				128,303	8,356	136,659
Creditors: Amounts Creditors: Amounts			falling falling	due within due after	one year one year		(47,920) ~),261)		(47,920) ~)1.26)
							176,473	1,067,628	1,244,101

Operating leases
At 31 July, the charity had total future	minimum	lease payments	under non-cancellable operating	leases
as set out below:
			2023	2022
			Total f	Total f
Not more than one year Later than one and not more than five	years		1,300 1,517	1,300 2,817

Statement	o	ffinan	cial a	ctivities -fund compar	atives
						2022
					Unrestricted	Restricted	Total
					funds	funds
						f
Income and		endowments		from:
Donations	and legacies				7,854	34,484	42,338
Investments					2,579		2,579
Charitable	activities				729,152		729,152
Other					763		763
					740,348	34,484	774,832
Expenditure		on:
Expenditure	on charitable			activities:
Charitable		activities			819,406	32,755	852,161
Interest	payable				663	-	663
					820,069	32,755	852,824
Net (expenditure)			Iincome		(79,721(	1,729	~(77,992