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|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|
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|||||||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|
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||||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|
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|||||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|
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|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|
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|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|
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|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|
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|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|
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|Tangible fixed assets||||
|---|---|---|---|
||Leasehold
Property
f|**E**quipment
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|
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|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|
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|||||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|
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|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|
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|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|
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|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|