Company Registration Number- 06910549
The Charity Registration Number is :_ 1131920
Chelmsford Gymnastics Club Limited
Report and Accounts
31-May-24
THOMPSON
Accountancy Services
CIIARITRIJ)cl.￿TF 11 I) I(IIII"NT4%1. W.C-('4.f. ¥.l.l.T

Chelmsford Gymnastlcs Club Llmfted
Rèport and accounts for the year ended 31 May 2024
Contents
Page
Trustees. Annual Report
Independont Examinevs Roport
Funds Statements..
Statemenl of Financbal Activities
Statement of Financial Activities - Prior Year statement
Movement in funds
10
11
Balance sheet
Cash flow statement
Not•s to the accounts
12
13
14-20

Chelmsford Gymnastics Club Limited
Company Registration Number- 06910549
Trustees, Annual Report for the year ended 31 May 2024
The Trustees present their Report and Accounts for the year ended 31 May 2024, which also comprises the
Directors. Report required by the Companies Act 2006.
Reference and administrative details
The legal name of the charity is :. Chelmsford GYn￿asticS Club Limited.
The charity is registered in England and Wales vlith the Charity Commission in England & Wales (CCEW) with
charity number 1131920.
The charity does not operate in any overseas jurisdictions.
Legal Structure of the charity
Th8 charily is constituted as a company limited by guarantee, registered urKler Ihe Companies Act. The
goveming documenl of the tharity is the Memorandum and Articles of Association estsblishing the company
und8r company le9islalion.
By operation of law. all trustees and directors under the Companies Acl 201% and all directors are trustees
under Charities legislation and have resp￿sibIlI￿eS . as such. under trt)Ih company and d￿rity legislation.
The trustees a￿ all individuals.
The principal operatlng address. telephone number, email and web addresses of the charlty are:.
Unit 13 Tattersall Way
Chelmsford
Essex. CM1 3UB
Telephone- 01245 290990
Email - admin@chdmsfordgymnasticsdub.org
The registered office of the charÉty fc* Companies Act pu￿Se 15:.
9 The Heythrop
Chelmsford
Essex, CM2 6BX
Tho Trustees In offlce on th8 date of the report was approved were:.
Julie Belemofe
Katarzyna Szawlis
Samantha Pammen

Chelmsford Gymnastics Club Limited
Company Registration Number- c￿910549
Trustees. Annual Report for the year ended 31 May 2024
The followlng porsons served as Trustses durlng tho yoar ended 31 May 2024:.
The trustees ￿ served as a truslee in the re￿rtIng period. and. if applicable. their dates of apFrf)inlment or
resignation during the year were:_
Name
Julie Belemore
Katarzyna Szawlis
Samantha Pammen
Appointed
Resigned/Retired
Objects and Activities of the charity
The purpose of the charity as set out in its governing documenL
The charity's obJ'ectiV8 and principal activity is that of providing facilities. equipment and expert coaching for
the benefit of Ihe community of Chelmsford and surrounding areas to leach gymnastics. physical education
and development ol social v￿lfare lo enable partiripants lo reach their full rK)tenlial.
The trustees confirn that they have referred to the Charity Commissi￿'S guidance on Public B8nafit wh8n
rewewing the tharitys aims arKI obieGkn"ves and in planning future adivitie$.
The main achiovements and performance of the charity during the yèar
The club is operats'ng from Unit 13, 17-19 Tattersall Way. Chelmsford. CM1 3UB.
The clvb is an inclusive club offering a variety of disciplines wtihin the g￿naStIC umbrella i.e. men and
women's artistic. people with disabilities. general gym. adult. youth and pre-school.
The gymnasts have once again been extremely successful in achieving competits've SUC￿$5 in a wide range of
county and regional competitions. The club is pleased to have been invited to ￿st Iwo East Re9ional
Secondary and Primary School's competitions leading to national finals for each age group
category for this year and the following year.

Chelmsford G￿nnastiC5 Club Limited
Company Registration Number- 06910549
Trustses. Annual Report for the year ended 31 May 2024
Structure, governance and management of the charlty
Chelmsford Gymnastics Club Limited is a registered charity and company limited by guarantee sK)vemed by
a memcAandum and artides of aSK￿Lation.
The trustees meet regularly to manage the affair5 of the charity. The charity is run on a day to day basis by
Mrs J Belemore, as head coach, and is managed by the trustees.
The trustees may appoint new trustees pursuant to the Artiths. Any induction pr￿S for a new trustee
comprises an inilial meeting with the twslees includirg a briefing on the d Goveming Deed and the Charity
Commission's Guidance Tr Essential Trustee.. What YCMJ Need To Know".
Financial review
The charity s financial posltion at the end of the year ended 31 Alay 2024
Incoffle has d8cr8ased to £416.614 ccxnpared to the prevK)us financial year of £434,463.
The flnancial statements show a sury)lus in Ihe year endgd 31 May 2024 of £27,968 {2023- £42,001)
The Truslees have taken steps in the currenl year to increase Ihe operating surFlus, including inueasing
Ihe nurnber of sessions held and ensuring any available places in dasses are offered lo those on the waiting
Future plans
The dub is still striving to improve the abilities of all gymnasts whether they are recreational or competitive.
Our coaches are continuing their CPD BG qualifications. We continue our U￿jale and refurbishment of
equipment and also keeping the building in gcth shape. The club is Iijokillg for a satellite club that focusses
specifically on the 8rillsh Gymnastics Rise programme. This is an award scheme that BG set up recently.
The directors and tnjstees are satisfied with the progress of the dub during ihe year and have every
confidence for fLrture progress.
Policy on roserves
The Trustees will be reviewing the resefves wlicy following the appoinlmenl of new board members. Past
surpluses have been invested in equipment and facilrties for the benefrt of dub members.
At 31 May 2024 fFee reserves held by the charity were in surplus by £27,968. The Trustees are confident that
the club will be able to rebuild reserves over the next few yeals.

Chelmsford Gymnastlcs Club Llmlted
Company Registration Number- 06910549
Trustees, Annual Report for th• y￿r ended 31 May 2024
Going concern
The trustees consider that there are no matsrial uncertainties about the charitys ability to continue as a
goins concem nor any s￿nIfICant areas of uncertainty that affect the Ca￿ng value of assets held by the
harlty.
The charty's trustees are responsible for the preparation of the accounts in accordance with the
temis of the Companies Act 2006. the Charities Act 2011 and the CharFties IA¢¢ounts and
Reportsl Regulations 2008. Notrh'ithstanding the explicit requirement in the extant statutory
regulations.the Charities (Accounts and Reports) Regulations 2008. to prepare the financial
statements in accordance with the SORP 2005. in view of the fa¢t that the SORP 2005 has been
withdrabvn, the Trustees detemiined to interpret this responsibility as requiring them to follow
current best practice and prepare the accounts according to the FRS 102 SORP (Statement of
Recommended Practice for Accounb'ng and Reporting by Charrtj'esl 2015. las amended by the
Bulletin issued in October 2018 and applicable to all accounting peric)ds beginning on or after 1st
January 2019). (The SORPI. .
In particular. the Companies Act 2006 and chanty law require the Board of Trustees to prepare
financial statements for each financial year which give a true and fair view of the state of affairs of
the charity as at the end of the financial year and of the surplus or deficit of the chanty. In
preparing those financial statements the Board is required to :_
- to prepare the accounts in accordance wth Unrted Kingdom Generally Accepted
Accounting Practice (United Kingdom Accounting Standards and applicable law).
- select suitable accounting policies and apply them consistently:
- make judgements and estimates that are reasonable and prudenl:
- prepare the financial statements on the going concem basis unless it is inappropriate
to presume that the Charity iNill continue in business"
stste whether applicable accounting standards and statements of
recommended practice have been follo'Ned. subject to any material
departures disclosed and explained in the financial ststemenls".

Chelmsford Gymnastlcs Club Llmlted
Company Registration Numt*r- I￿10549
Trustees. Annual Report for the year ended 31 May 2024
The law requires that the trustees must not approve the accounts unless they are satisfied that
they give a true and fair view of the state of affairs of the charity and of the surplus or deficit of the
charity for the year.
The Trustees are also responsible for maintaining adequate accounting records which disclose
with reasonable accuracy at any time the financial position of the charity arml which are sufficient
to show and explain the chanty's transactsons and enable them to ensure that the financial
statements comply wilh the Companies Act 2006 and comply with regulations made under the
Charities Act. 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 are also responsible for contents of the Tntstees. report. artd the statutory r8sponsibiltty of
the Independent Examiner in rdation to the Tw$te￿. report is limrted to examinirvJ the rewt and ensuring
that . ¢)n the face of the rewL there are no materlal incori￿leS th tho figwes dlsclosed In Iho ffnancial
statements.
Mothod of preparation of accounts- Small crmnpany provisions
The financial statemerrts are set out on pages 9 to 20.
The finan¢ial slaiements have b￿ Fyepared Irry)le￿￿ftti￿j the FRS 1(Y2 SORP (StsteThMt of R￿0￿¥nended
Practi￿ for AccountiThJ and Rep￿ng by Charilies) 2015. (as amended by the Bulletin issues in October 2018
and applicable to all acLounting wiods WinnirKJ on or after 1 st January 2019). (The SORP), and in
accordance with the Financial Rewting Standar(1102. These financial slatements have been wepared in
acwrdance with the provisions in Part 15 of the C(Mnpanies Act 20C6, apt4icable to companies subject to the
small company Tegime.
This report was approv￿ by the boanj of trustees on 5 Febnjary 2025.
Mrs J A Belemore
Trustee

Ch•lmsford Gymnasilcs Club Llmlt•d
ReptNt of the Ind8pendeni Examiner ￿ the TTUSt8rf of the ch8Tiiabl• company on the accounts
lor the yeai ended 31 May 2014
I r8wrt to the Trustees on my examination of the financial slatemenls of ihe charilabfe company on pages 12 to 20
foT the yeaf ended 31 May 2024 which ha¥e been pxepared in accordance ¥￿h the Charrties Act 2011 Ilhe Acll and
th the Financial Reporting Standard 102 leffective 1 st January 2016) as modthed by FRS 102 SORP Istalement
of Recommended Praclice for Accounting and ReF(Jrting by Charrtiesl 2015 las amended ty the Bulletin issued in
October 2018 and aPFAica￿e to all acccunting pertods ￿ginning on or aftef 1st January 2019) ffhe SORPI
putdished ty the Charity Comrnission in England & Wales ICCEW). and undeT the hisloncal corNention and
the accounting pOI￿leS set out on pago 19.
Respective responsibililies of the Tfuslee5 and the Independeni Examinei and the basis of the feport
As d8scribed on pa￿ 9. you th• charrtable company's TfUSi•èS. who ale also the Dir8Ctors of tha Company for tho
rposes of Company law are reSWnsi￿e for the weparaiion of the financial st*ements in accordance wtth the
Companies Act 2006 the Chanties Aci 2011 and all other aFWicat4e law and wrth Unrted lQngdom Generally
AcceFt8d Accounting Practice. arWicatAe lo smaller entrties. and for L*ing satisfied th* the financial statements
give a true and fair M8W
The Trustees consider that Ihg audit requirement of Section 144111 of the Charltigs A¢t 2011 (the Act) does not
a￿. and that there is no requirement in the memorandum and articles of the charity for the conduction of an audit.
and that the accounts do not require an audit In accordance vAth Part16 of the Companies Act 2006 and that no
members hawe r8quastèd an audit pursuant to Section 476 ofih8 Companiès Act 2006 As
consewence. thè Trustees elected that the financial statéments be sut4ect to IndeFend8rrt examination.
Having %￿Sfied mysdf Ihat the finanual slalements are not requ￿1 ID be audrted uThYeT any w prnvis￿n, or
othemse. and are dyble for indet*ndent examinaTron, rt B my resp¢￿￿t￿lIty to:_
a} examine Ihe financ￿1 statem&ts of Ihe chanty urmkr sect￿ 145 of the Act..
bl folk)w the ap￿icab￿ F*ocedures in Ihe DireCtK￿5 ￿ven by the Chanty Ccrfnmission undef sectKn 14515llbl of
the ACL
Basls ot Ind•pènd•nt ExaMln•es Stat•m*nt seop• rf worf( undertak•n
Since the chwrtable eompaWs gross ffic￿￿e exceeded £250.(KIO. the thafnab* CoMpan￿S ewftiner must be
member ot a body bsted In secliM 145 ￿ the Acl. I t(￿firM that l am quak1￿ to undertake Ihe exarninats)n
because l am an authon.sed member of Chartefed Certrf*l Accwntant W￿"th is one of the listed bodies.
l Teport in respect of my e￿lMin￿¥￿ d the chantys finanaal statements carned out under s145 of Ihe Act. In
Carr￿Trg out TTTY examina1x￿, I have folknhrd all the ap[dI￿b￿ Dwects"ons gr¥en by the Chanty Commtssth under
secknon 14515Mbl of the Act settsThJ out the d￿l￿S of an indepeThJent examiner In relatvi to the coThJucbrKJ of an
independeni examinatsn An Independent exJninalm Incknles a rev*w of the accoLfft"ng recfxds kept by the
charrtable company and of the ac¢ounts"r¥J systems emFdoyed by the charrtable c(xnpany and a companson of the
finanual statements presented those recowds. It also I￿l￿e$ consthral￿n of any unusual rtems of disdosures
in the finanaal statements. aKI see￿r￿j explanatsons fr(xn you, as Trusiees, cr￿CeM11￿j such matter5. The pUr[￿Se
ol the examinatK)n LS to estabtish as far as FK)syble that there have been Thj txeaches ol chafty legislatson and that.
on a test bags ol evKlence relevant to ihe anx)unts atKI dtsclosures m*le. the financial stsitements cwly the
SORP.

Chelmsford GyThnastlcs Club Llmlted
The procedures undertaken th) not tm4ryde al Ihe evx1ence Ihat would be {eq￿red in an and InformatK
supplied by Ihe Trustees In the course ol Ihe examinatKJn Is not subjeded to audrt tests or enquines and ¢￿e$ not
cover all the matters Ihal an a￿*tOr would t￿Sthr in arriving at an (ybnw. The planFNrwJ and ccry*Jd of an audit
goes bewnd the limited assurance thal an iThlepeThJent examu)a1￿n can provide
cc￿SeqUe￿ty. I do nol exwess ￿ aiKIrt r¥¥iThon the view gNen by the ￿ana* slatements. and in pa￿"cUlar, I
express O￿niC￿ as to fftiher the finarKial siatements gNe a faf v*w of the affairs of the chanty. and
my report is lthed lo Ihe mattets set oul in the slalement betr￿.
I planned and perfOrn￿ my examinab"fM) so as to ￿1Sfy nY￿ell Ihat the objectsves of the independenl examinats)n
are achievwj and before fiDaliyrrfJ the reFQrt l obtsined wntten assurances frcffi the Trustees of all material mattws
Inde￿ndent Examlnerfs Stat•m•nt. Report and Oplnlon
Subiect to the limitalKffis the SCOFt of my work as deladed thove, l trw¥e completed my examination". and can
confirm thaL-
The accounts ol th"Is tharrtable company are not require(I lo be audrted ￿der Pat 16 of the CThI¢)￿*s Act 2006:
The gross Income of Ihe company year erthd 31 May 2024 appears to ex￿ed the sum specif*d in
Sectvjn 14S(31 of the Ad. nanW £250￿0. and that l am qualified lo act as IrNJependeni Examiner in ac£ordance
h thai secb¢)n by ¥irtue (I my being a qualif*d memter of Chwtered ce￿.fied Atcounrant.,
This is a report in resped of an eXamir￿￿.0n carried out under 145 of ihe Acl and in accordance with Direct￿nS
given by ihe Chanty Com￿s*)n under seth(ffi 145(51(bl of the Act %thich may be applicable:
and that no maErial rnaners have c(Jne to my allenl¥3n in c￿r￿ct￿l wlh the examinat￿ giving me cause to
Iieve Ihat In any rI￿terial res￿¢t..-
accounting recNds were not kept in respecl of the chanty as req￿red by seth¢￿ 386 of the C(4npanies Act
2006 and SectK)n 130 of The Chanibes Act 2011"
the finanoal statements M)t acc(wd with those reccffds", or
the finanoal statements do not comply w7th the apphcable fequirements concerning the forn and conient of
accounts set oul m section 396 of the Companies Ad 21x16 other than any requifement that the accounts we a
'true and fairf vw. which is not a matter c0fi￿dered as part of an indettndent e￿minaTi(￿.
have not been prepared in accordan￿ with the meth(Kls and princI￿e$ set cAJt in the FRS 102 SORP
(Statement of Recomn*rKled Practice for Accounb"ng and Rep(M1tng by Chanbesl 2015, las amended by the
8ulletsn issued In October 2018 arvj applicable lo all ￿cOun￿r￿j Fermyjs beginnK¥J on Ix after 1 si January
20191, lThe SORP).

Chelmsford Gymnastics Club Limited
I have no concerns and have come across no 0￿1 matters In Con￿¢￿on wtlh the examination io which altention
shfyjld be drawn in Ihis report in Ofdef to enable a Pfrwef Luxlerstandw of Ihe financkil staterrents lo be reached.
Signed:.
Thompson - Independent Examiner
Chartered Certified AccrMJntant
SuFte 9, Hadleigh Business Centre
351 London Road
Hadleigh
Essex. SS7 2BT
This r8POrt was signed on 5 February 2025.

helmsf
na
ti
Clu
Limited-
tement of Financial Activities for th
ar ended 31 Ma
2024
SL￿rnent of Flnancial Activities
Includin
the Income and Ex
enditure Account for the
2024
Total
Funds
2023
Total
Funds
Unreslricted
Funds
Restricted
Funds
INCOME ON:
Noto9
Donations, grants and legacies
Charitable actNilies
Other trading activities
Investment Income
422,470
9,415
334
422,470
9.415
334
407,878
8,596
140
Total income
432.219
432.219
416.614
EXPENDITURE ON:
Charitable activities
445,792
460
446,252
392.699
Total expenditure
Net income for the year
10
445,792
460
446,252
392,699
13,573
460
14.033
23.
Funds brought forward
42.461
(460)
42,001
18,086
Transfers
Funds carrfed forward
28,888
(920)
27,968
42,001
A separate Statement of Totsl Recognised Gains and LOS￿ is not required as this staterTrnt includes all recognised
gains and losses.
All activities derive from continuing operations.
The notes on pages 14 to 20 fomi an integral part of these Financial Statements.

Chelmsford G
ub Limited - Statemenl of Fi
an
l Activities for the
ed31Ma
20
nast'cs Club L.
or
art
nds as re
h 4.2 of th• SO
Prlor Year
Unrestricted
Funds
Prlor Year
Restricted
Funds
Prlor Year
Total
Funds
INCOME ON".
Donations afKI legaoes
Chantable activities
Other trading acttvities
Investment Income
407.878
8.596
140
407,878
8,596
140
Total Income
416,614
416.614
EXPENDITURE ON:
Charitable activities
392.239
460
392,699
Total expenditure
Net income for the year
.375
46
23,915
Funds brought fonvard
18,086
18,086
Funds carried forward
42.461
(460)
42,001
A separate Statement of Total ReccMJnised Gains Losses is r￿l required as this stslement indudes all
recognised gains and losses.
All activities derive from (x)ntinuing Operati￿S.
-1

Chelmsford G
nastics Club Limited - Statement of Financial Activities for the
ear ended 31 Ma
2024
Movem
ntln
nue and ca
Ital fund f r the
ear ended
1Ma
2024
2024
Total
Fund5
2023
Total
Funds
Unrestricted
Funds
Restricted
Funds
Accumulated funds brought forward
42.461
(460)
42.001
18,086
Recognised gains and bsses before transfers
(13.573)
(460)
(14.033)
23,915
Transfers
Closing r•vonue funds
28,888
(920
27,968
42,001
2024
Total
Funds
2023
Total
Funds
Summary of funds
UnrestriGted
Funds
Re$triGted
Funds
Revenue accumulated funds
(920)
27.968
42,001
The notes on pages 14 to 20 lorm an integra part of these FIn￿CIal Statements.
-11-

CSCI
Uml
Balance Sheet
2024
2023
Fixed assets
Tangible fixed assets
16
15.683
20,130
Current assets
Stocks
Debtors
Cash at bank and in hand
17
18
3.000
S647
31.609
40,256
3.911
50.096
57.CK17
Creditors: amoun
wlthin one
ar
fallin
15.671
12.932
Net
urrent
24585
44,Q75
Llabilities arisin
after 1
(12.300)
(22.204}
Total net deficitlassets of the cha
27.968
42.001
The tolal nel assets of the Charity are funded by the funds of the charity. as folkhvs:.
Restricted Fund5
Unrestricted Funds
Total Funds
1920)
28,888
27,968
(460)
42,461
42,001
21
The directors are satisfied that the company 15 entitled to exemption from the requirement to ￿taIn an audit
under secb'on 477 of the Companies Act 2¢￿.
The members have r￿t req￿￿ed the (xynpany to obtain an audit in acc(xd8n¢e with Sec11￿ 476 of the ACL
The directors ackno%￿￿l9e their res￿￿1￿lI￿"eS for comsAwng with the r8quirements of the Companies Act 2006
ith respect to acc(wnting recrKts aTrJ the prepar*iM of acclwrrts.
The charity is subject to Indepe￿Ient EX￿nIna11£￿ urKler charity kgislati(m. arKI the rerxxi of the IndepEndent
Examiner is on page 8.
The financial statements have prepa￿1 in accordance with the spe(aal proviswis relating to companies
subject to the small wnpanies regime within Part 15 of Companies Act 2(M)6
Approved on behalf of Ihe trustees on 5 February 2025.
Trustee
J Belernore
The notes on pages 14 to 20 fomi an int￿1 m of those FI1￿c￿ Slatemants.
-12-

Chelmsford
nastics C
ub Llmited
For tho year ended 31 May 2024
STATEMENT OF CASH FLOWS AND CONSOLIDATED STATEMENT OF CASH FLOWS
2024
2023
Notes
Cash flows from operatlng actlvltles
(17.571)
17,958
Cash flows from investing activities
Purchase of property. plant and equipment
16
1916)
(17.483)
Net ¢ash provided byl(used Inl investing activitios
(916)
{17.483)
Change In cash and cash equlvalents In the reportlng perlod
Cash and cash equivalents at the beginning of the reporting period
Cash and cash oquivalents at the end of the reporting period
18.487
50,096
31.609
475
49,621
50,096
NOTES TO THE CASH FLOW STATEMENT
2024
2023
Reconciliation of Net Income to Net Cash Flow from Operating Activiti08
Net income for the repo￿ng pen￿j
Depreciation charges
Ilncrease) in debtors
(Decrease) in creditors
(14.033)
5.363
{1,736)
(7,165)
23,915
3,272
12
18
19
(9,229)
Net cash provided byl (used inl opernting activlties
17.571
17.958
Analysls of Cash and Cash Equlvalents
2024
2023
Cash at bank and in hand
31,609
50.096
31.609
50,096
The notes on pages 14 to 20 form an integral part of these Financial Statements.

Chelmsford G
mnastics
Imlted
Notes to the accounts for the
31Ma
2024
1 Accountlng pollcl•8
Pollcl•s rnlatlng to the woductlon of th• •ccounts.
Basls of pr•par*lon and accountlno ¢onv•mion
The accoults have been prepared the accruals ba5LS. uThJer ￿ htsloncal cosl ccMVenti(￿. arKI in aCc￿￿an￿ wrth the
Financd Rep￿IThJ Slandard 102. leffethve 1st Ja)U￿ 20161 axl 'FRS 102 SORP Istsiement of Recommended
Practice Accountry aThJ RepN)rnThJ by charrt￿l 2015. la5 arne￿Ied by the B￿￿tsn Iss￿1 In Octo￿[ ￿18 and
applKth)le lo all acc￿ntsng Fenckn on or aftef Isl J&¥Jary 20191. (T￿ SORPI. by the Chanty
commiss$￿ ￿ ErKJkw*J & Wales ICCEWI . effectsbE January ￿76. . aTrY m acC(￿dar￿e all arOl￿able law In the
cha￿S iunsdKtson of reg￿trai￿￿. except that Ihe chwty has wepared the fin*)cial stalements m acc(￿danCe wrth the
FRS 102 SORP ISt&emenl of RecommeThJed Prth for Accowitirg a￿j ReFrtm by CNintsesl 2015. las amervjed by
the BU1￿1￿ is$￿ fft October 2018 and Wcable to all ￿¢cAJnty Fencrfjs beg.nnry after Isl janu￿ 20191, ITF
SORPI. In Prefer￿Ce lo the prevKws SORP. the SORP 2C05. v&h¢h has L*en w#hJravm. ncMthst•KIKo ￿ fact that
Ihe extanl statulory regUla1K￿S, the Chant*s lAcc￿nts aThJ Re￿rts1 2(X)8 refer ext￿￿1￿ to the SORP 2(hJS.
has been to ￿c{￿d wlh currerf besi
Preparation of accounts on a going concern basls
The trustees consider there are no material Ltncertainties about ts Chanvs ability to continue as a
going concem. The review of our financial posits'on, reserves levels and future plans gives Trustees
confidence the charity remains a going concem for the foreseeable fvture.
(i) Incomo recognltlon
Income comwses donations, including under Gift Aid. grants. legacies, fees received from
memberships. and inveslment and rental income from endowad funds.
All income is recognised once the charitable company has entitlement to the resources, it is certain
that the resources WIH be received and the monetary value of income can be measured with sufficient
reliability.
(li) Expenditure
l expenditure is included on the staternent of financial actrwties on an accnjals basis and is
rec(yJnised when there is a legal or constructive obl￿atIon to pay for expenditure. All costs have
alIc￿led befvfftn the expendilufe categories of the Statement of Financial Activities on a basis
designed to reflect the use of the resource.
Support costs relate to expenditu￿ to support the charitable acttvities of the charity which cannot be
di￿llY attributed to charitable acbvilies.
Governance costs indude those costs associated with meeting the constitutional and ststutory
r8quir8m8nts and Ihose linked with the strategic management of the chanty.
The charity is not registered for VAT and accordingly expenditure is shown gross of irrecoverable VAT.
(iii) Fixed assets
Fixed assets are initialy recorded at cost
Depreciation has been provided at the followiNJ rales in ¢xder to write off the assets to their anlicipated
residual value over their estimated useful INes.
Equipment
Fixtures and fittings
20% straight line
20% strawht line
-14-

Chelmsford G
mnastics Club Limited
oun
for the
ar ended 31 M 2024
(iv) Stocks and work in progress
Stock is shown at the lower of cost and net realisable value.
(v) Debtors
Debtors are measured at their recoverable amounts at the balance sheet date.
(vl) Financial instruments including cash and bank balances
Cash held by the charity is induded at the amount actually held and counted at the year end. Bank
balances, whether in credit or overdrawn. are shown at the amounts properly reconciled to the bank
statements.
(vii) Fund aeeounting
Unrestricted funds are available for use at the ¢Yiscretion of the trustees in furtheran￿ of the general
objectives of the charity.
Restricted funds are subjected to restrictions on their expenditure by the donor or through the terms
of an apFeal or as implied by law.
2 Llablllty to taxation
The Trustees consider Ihat Ihe chalty satsfEs the tests sel (xjt m Parwph I Schedule 6 of the Finance Act ￿10 for
UK Corp￿alk)n lax purp￿$. Acc￿lIrth. Charrty ts pcknlki*y exemFrt frc￿n taxatK)n In resFtcl of Income or taprtal
gains received wthin catew5 covered by chapler 3 pwt 11 of Ihe Corw*K•n Ta¥ Act 2010 or SeclM)n 256 (rf the
(rf Chargeat4e G•ns Act 1992. to ￿ extenl Ihat s￿h IrtLYne LY gams are exclusNdy on the S￿cIf￿
charrtatle d4.ects of the charity aFxI for no other pur￿￿ Value Athjed Tax ts recoverth try the charty, aTrJ
the￿ef￿e IncI￿Jed relevant costs In Statement of Fin&it1￿ A￿Vrt￿S
3 Winding up or dissolution of tho charity
If upon wtnding up or dissolutson of the chanty there remains any assets, after the satsfaction of all debts
and liabilities, the assets represented by the accumulated fund shall be transferred to 50fne other charitable
body having similar objects to the charity.
4 Slgnificance of financlal instruments to the charitys position
There are s￿nIficant implications of the financial instruments to the ¢hariils financial position or
perfonnan¢e.
5 Net surplus before tax in the financial year
2024
2023
The net surplus befo￿ lax in the financial is stated after charging:_
Operating leases
Depreciation of owned assets
Pension costs
61.191
5,363
6,261
61.191
3,272
6.331
Number of twstees to ¥yhom benefits accrued urmder money purthase
pension schemes

Chelmsford G
mnastics Cl b
thea
unts for th
ear end
6 Donations, grants and legacies
Unrestricted Restrlcted Total Fund8 Total Funds
Funds
Funds
2024
2023
Job relenlion scheme
Government grant from local aulhority
Gift-aid
Donakn'ons
7 Income from charitable activities
Unrestricted RestrScted Total Funds Total Funds
Funds
Funds
2024
2023
G￿n membership
422.470
422,470
422,470
422,470
407,878
407,878
8 Other trading income
Unrestricted Restricted Tolal Funds Total Funds
Funds
Funds
2024
2023
Gym hire
Onlin8 sale of kit
Activrties to raise funds for the charity
7.764
1,651
9,415
7,764
1,651
9,415
8,403
193
8,596
9 Investmont income
Unrnstricted Restricted
Funds
Funds
Total Funds Total Fund5
2024
2023
Short tem) deposits
334
334
334
334
140
140
-1F*

Chel
mnastics Cl
imited
o the accounts f
ear ended 31 M 2024
10 Costs of charitable activilles
Un￿Stricted Restrfcted Tolal Funds Total Funds
Funds
Funds
2024
2023
Staff costs
Training
Self employed coaches
Subscriptions
Competition costs
Premise5 costs
General office costs
Other purchases
Governance costs (note 11)
Support costs (note 12)
284.101
268
18,120
1.847
2.625
103,710
7,930
15,123
7.118
4,950
445.792
284.101
268
18,120
1,847
2,625
103,710
7.930
15.123
7,118
5,410
446.252
261,321
9,493
599
1,441
77,336
2,411
29,856
460
460
3.298
392.699
11 Govemance costs
Unrestricted Restricted Total Funds Total Funds
Funds
Funds
2024
2023
AccoLJnts preparation and payroll senrfi
Fees payable to Independent Examiner
Legal and professional fees
4,606
4.606
2.512
7,118
4,606
4,606
2,512
7.118
4.432
4,432
2.512
12 Support costs
Unrostrlcted Rostrictgd Total Funds Total Funds
Funds
Funds
2024
2023
Depreciation
4.903
4,903
460
460
5,363
5.363
3.272
3.272
13 Stsff costs and emoluments
Salary costs
2024
2023
Wages and salaries
Social security cosls
Pension contributions
260,950
16,890
6.261
284.101
239,668
15,322
6,331
261,321
-17-

sford G
mnastics
imited
t the acco
ear end
31 M 2024
14 Staff costs and ernoluments (continued)
Particulars of employees:
The average number of paid staff employEd during the year was as follows:.
2024
2023
19
15
No employee received remuneralion of more £60,000 during the yEar (2023 - Nil}.
Totsl trustee and key management personnel reMunerat￿n beneffts totalled £33.811 (2023 - £36,543).
15 Trustee's remuneration
During the year J Belemore. a trustee of the charty. re¢eived remuneration of £31.768 (2023 - £33,913) for
provFding seThices as Head Coach to the gymnastics dub. Pension contributions of £6.261 (2023 - £6,331)
were also made by Ihe charty. No rernuneratj￿ was parable lo any other trustees during the year.
16 Tanglblo Ilxed assets
Flxtures &
Fittings
Equipment
Total
Cost
At l June 2023
Additions
At 31 May 2024
90.300
916
91,216
34,PA9
124.949
916
125,865
34,649
Depreciation
At 1 June 2023
Charge for the year
At 31 May 2024
70,170
5,363
75.533
34,649
104,819
5,363
110,182
34.649
Net book value
At 31 May 2024
At 31 May 2023
15,683
20,130
15.683
20,130
17 Stoeks
2024
2023
Stocks
3.CK)O
3,000
3,000
3,000
18 Debtors
2024
2023
Prepayments and accrued in¢wie
5,647
5,647
3,911
3,911
-18-

ordG
mnastics Club Limited
he
19 Credltors: amounts falllng due whhln one year
2024
2023
Bank k)ans
Other creditors
Accruals and deferred income
Taxat￿ and social security
10.000
3,096
1,840
733
15,669
10,000
86
1,840
1,004
12,930
20 Creditors: amounts falllng due wilhin more than one year
2024
2023
Bank bans
12.300
12.300
22,204
22,204
21 Unrostricted Income Funds
Balance at
0110612023 Income
8alan¢e at
Transfers 3110512024
Expenditure
General unrestrided funds
42,461
432.219
445.792
28,888
22 Restrlcted Income Funds
Balance at
0110612023 I￿om•
Balance at
Transfers 3110512024
Expenditure
23 Analysis of net assets (betwe•n restricted and unrestricted funds)
Current year
Tangible
fixed assets
Other net 3110512024
assets
Total
Restricted funds
Unrestricted funds
{920)
28,888
{920)
28,888
Total funds
27.968
27,968
Prior year
Tangible
flxed assets
Other net 3110512023
assets
Total
Restricted funds
Unrestricted funds
(460)
42,461
1460}
42.461
Total funds
42,001
42.001
-1

Chelmsford G
mnastic
imitod
to the accounts for the
1Ma
2024
24 Company Ilmlted by guarantee
The company is a company limited by guarantee. T1￿ members of the charity are the trustees. In the event
of the company being wound up. the liability in respect ofthe guarantee is limtted to £10 per member of the
charity.
25 Related party transactions
During the year. J Belemore, a trustee of the chanty was reIMt￿rSed £4,245 (2023 . £1.892) in relatk)n to
charitable expendiiure that she had paid personalty.
There w8r8 no other transaction %*ryth related parties in the year. except wlh regard to trustees, remuneration
which are fully disclosed in note 15.
26 OpeTh1ting leases
Total future minimum lease payments under a non-cancellable opèrating lease for rent are as follows:
2024
2023
Not laler than one year
Later than one year and r￿1 later than fple Jears
Later than five years
61,045
208,277
57.600
225,600
269.322
283,200
Current18ase ends Aprll 2027
-2