2025-05-31-accounts

Company Registration Number - 06910549

The Charity Registration Number is :- 1131920

Chelmsford Gymnastics Club Limited

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Report and Accounts
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31-May-25
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Accountancy Services

CHARTERED CERTIFIED ACCOUNTANT, FCCA, PMAAT Suite 9, Hadleigh Business Centre. 351 London Road, Hadleigh. Essex $87 2BT Tel Fax. [phone] Mob. [phone] Email. info@taces co.uk TACCS Accountancy Limited Company Registiation Number. 67144490)

Chelmsford Gymnastics Club Limited

Report and accounts for the year ended 31 May 2025

Contents

Page

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||||||||| |---|---|---|---|---|---|---|---| |Trustees‘|Annual|Report|1-5| |Independent|Examiner's|Report|6-8| |Funds|Statements;-| |Statement|of|Financial|Activities|9| |Statement|of|Financial|Activities|-|Prior Year|statement|10| |Movement|in|funds|11| |Balance|sheet|12| |Cash|flow|statement|13| |Notes|to|the|accounts|14-20|

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Chelmsford Gymnastics Club Limited

Company Registration Number - 06910549

Trustees’ Annual Report for the year ended 31 May 2025

The Trustees present their Report and Accounts for the year ended 31 May 2025, which also comprises the Directors’ Report required by the Companies Act 2006.

Reference and administrative details

The legal name of the charity is - Chelmsford Gymnastics Club Limited.

The charity is registered in England and Wales with 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

The charity is constituted as a company limited by guarantee, registered under the Companies Act. The governing document of the charity is the Memorandum and Articles of Association establishing the company under company legislation.

By operation of law, all trustees and directors under the Companies Act 2006 and all directors are trustees under Charities legislation and have responsibilities , as such, under both company and charity legislation.

The trustees are all individuals.

The principal operating address, telephone number, email and web addresses of the charity are:-

Unit 13 Tattersall Way Chelmsford Essex, CM1 3UB

Telephone - 01245 290990 Email - [e-mail]

The registered office of the charity for Companies Act purpose is:-

9 The Heythrop Chelmsford Essex, CM2 6BX

The Trustees in office on the date of the report was approved were:-

Julie Belemore

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Katarzyna Szawlis Samantha Pammen

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Chelmsford Gymnastics Club Limited

Company Registration Number - 06910549

Trustees’ Annual Report for the year ended 31 May 2025

The following persons served as Trustees during the year ended 31 May 2025:-

The trustees who served asa trustee in the reporting period, and, if applicable, their dates of appointment or resignation during the year were:-

Name Appointed Resigned/Retired Julie Belemore Katarzyna Szawlis Samantha Pammen

Objects and Activities of the charity

The purpose of the charity as set out in its governing document.

The charity's objective and principal activity is that of providing facilities, equipment and expert coaching for the benefit of the community of Chelmsford and surrounding areas to teach gymnastics, physical education and development of social welfare to enable participants to reach their full potential.

The trustees confirm that they have referred to the Charity Commission's guidance on Public Benefit when reviewing the charity's aims and objectives and in planning future activities.

The main achievements and performance of the charity during the year

The club is operating from Unit 13, 17-19 Tattersall Way, Chelmsford, CM1 3UB.

The club is an inclusive club offering a variety of disciplines within the gymnastic 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 competitive success in a wide range of county and regional competitions. The club is pleased to have been invited to host two East Regional Secondary and Primary School's competitions leading to national finals for each age group category for this year and the following year.

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Chelmsford Gymnastics Club Limited

Company Registration Number - 06910549

Trustees’ Annual Report for the year ended 31 May 2025

Structure, governance and management of the charity

Chelmsford Gymnastics Club Limited is a registered charity and company limited by guarantee governed by a memorandum and articles of association.

The trustees meet regularly to manage the affairs 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 Articles. Any induction process for a new trustee comprises an initial meeting with the trustees including a briefing on the d Governing Deed and the Charity Commission’s Guidance “The Essential Trustee: What you Need To Know".

Financial review

The charity's financial position at the end of the year ended 31 May 2025

Income has increased to £565,859 compared to the previous financial year of £432,219. The financial statements show a surplus in the year ended 31 May 2025 of £85,069 (2024 - £27,969)

The Trustees have taken steps in the current year to increase the operating surplus, including increasing the number of sessions held and ensuring any available places in classes are offered to those on the waiting list.

Future plans

The club is still striving to improve the abilities of all our gymnasts whether they are recreational or competitive. Our coaches are continuing their CPD with BG qualifications. We continue our update and refurbishment of equipment and also keeping the building in good shape. The club is looking for a satellite club that focusses specifically on the British Gymnastics Rise programme. This is an award scheme that BG set up recently.

The directors and trustees are satisfied with the progress of the club during the year and have every confidence for future progress.

Policy on reserves

The Trustees will be reviewing the reserves policy following the appointment of new board members. Past surpluses have been invested in equipment and facilities for the benefit of club members. At 31 May 2025 free reserves held by the charity were in surplus by £85,069. The Trustees are confident that the club will be able to rebuild reserves over the next few years.

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Chelmsford Gymnastics Club Limited

Company Registration Number - 06910549

Trustees’ Annual Report for the year ended 31 May 2025

Going concern

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by the charity.

The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Companies Act 2006, the Charities Act 2011 and the Charities (Accounts and Reports) Regulations 2008. Notwithstanding 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 fact that the SORP 2005 has been withdrawn, the Trustees determined 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 Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), .

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In particular, the Companies Act 2006 and charity 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 charity. In preparing those financial statements the Board is required to :-

• to prepare the accounts in accordance with United 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 prudent:

• prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business;

• state whether applicable accounting standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements:

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Chelmsford Gymnastics Club Limited

Company Registration Number - 06910549

Trustees’ Annual Report for the year ended 31 May 2025

| The la 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 vith reasonable accuracy at any time the financial position of the charity and which are sufficient to sho. and explain the charity's transactions and enable them to ensure that the financial statements comply with 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 aiso responsible for the contents of the Trustees’ report. and the statutory responsibility of the Independent Examiner in relation to the Trustees’ report is limited to examining the report and ensuring that . on the face of the report. there are no material inconsistencies «ith the figures disciosed in the financial statements.

Method of preparation of accounts - Small company provisions

The financial statements are set out on pages 9 to 20.

The financial statements have been prepared implementing the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issues in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019). (The SORP), and in accordance with the Financial Reporting Standard 102. These financial statements have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006, applicable to companies subject to the small company regime.

This report was approved by the board of trustees on 14 October 2025.

Mrs J A Belemore Trustee

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Chelmsford Gymnastics Club Limited

Report of the Independent Examiner to the Trustees of the charitable company on the accounts for the year ended 31 May 2025

| report to the Trustees on my examination of the financial statements of the charitable company on pages 12 to 20 for the year ended 31 May 2025 which have been prepared in accordance with the Charities Act 2011 (the Act) and with the Financial Reporting Standard 102. (effective 1st January 2016) as modified by FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015. (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019). (The SORP). published by the Charity Commission in England & Wales (CCEW). and under the historical convention and the accounting policies set out on page 19.

Respective responsibilities of the Trustees and the Independent Examiner and the basis of the report

As described on page 9. you, the charitable company’s Trustees. who are also the Directors of the Company for the purposes of Company law. are responsible for the preparation of the financial statements in accordance with the Companies Act 2006. the Charities Act 2011 and all other applicable law and with United Kingdom Generally Accepted Accounting Practice. applicable to smaller entities. and for being satisfied that the financial statements give a true and fair view.

The Trustees consider that the audit requirement of Section 144{1) of the Charities Act 2011 (the Act) does not apply, 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 with Part16 of the Companies Act 2006 and that no members have requested an audit pursuant to Section 476 of the Companies Act 2006. As a consequence, the Trustees have elected that the financial statements be subject to independent examination.

Having satisfied myself that the financial statements are not required to be audited under any legal provision, or otherwise, and are eligible for independent examination, it is my responsibility to:-

a) examine the financial statements of the charity under Section 145 of the Act;

b) follow the applicable procedures in the Directions given by the Charity Commission under section 145(5)(b) of the Act.

Basis of Independent Examiner's Statement and scope of work undertaken

Since the charitable company’s gross income exceeded £250,000, the charitable company's examiner must be a member of a body listed in section 145 of the Act. | confirm that | am qualified to undertake the examination because | am an authorised member of Chartered Certified Accountant, which is one of the listed bodies.

| report in respect of my examination of the charity's financial statements carried out under $145 of the Act. In carrying out my examination, | have followed all the applicable Directions given by the Chanty Commission under section 145(5}(b) of the Act setting out the duties of an independent examiner in relation to the conducting of an independent examination. An independent examination includes a review of the accounting records kept by the charitable company and of the accounting systems employed by the charitable company and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeking explanations from you, as Trustees, concerning such matters. The purpose of the examination is to establish as far as possible that there have been no breaches of charity legislation and that, on a test basis of evidence relevant to the amounts and disclosures made, the financial statements comply with the SORP.

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Chelmsford Gymnastics Club Limited

The procedures undertaken do not provide all the evidence that would be required in an audit, and information supplied by the Trustees in the course of the examination is not subjected to audit tests or enquines and does not cover all the matters that an auditor would consider in arriving at an opinion. The planning and conduct of an audit goes beyond the limited assurance that an independent examination can provide

Consequently, | do not express an audit opinion on the view given by the financial statements. and in particular, | express no opinion as to whether the financial statements give a true and fair view of the affairs of the charity, and my report is limited to the matters set out in the statement below.

| planned and performed my examination so as to satisfy myself that the objectives of the independent examination are achieved and before finalising the report | obtained written assurances from the Trustees of all material matters.

Independent Examiner's Statement, Report and Opinion Subject to the limitations upon the scope of my work as detailed above, | have completed my examination: and can confirm that:-

The accounts of this charitable company are not required to be audited under Part 16 of the Companies Act 2006;

The gross income of the charitable company in the year ended 31 May 2025 appears to exceed the sum specified in Section 145(3) of the Act, namely £250000, and that | am qualified to act as Independent Examiner in accordance with that section by virtue of my being a qualified member of Chartered Certified Accountant;

This is a report in respect of an examination carried out under 145 of the Act and in accordance with Directions given by the Charity Commission under section 145(5)(b) of the Act which may be applicable;

and that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:-

accounting records were not kept in respect of the charity as required by Section 386 of the Companies Act 2006 and Section 130 of The Charities Act 2011;

the financial statements do not accord with those records; or

the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in section 396 of the Companies Act 2006 other than any requirement that the accounts give a ‘true and fair’ view, which is not a matter considered as part of an independent examination;

have not been prepared in accordance with the methods and principles set out in the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP).

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Chelmsford Gymnastics Club Limited

| have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.

Signed:-

hempso

Paul Thompson - Independent Examiner

Chartered Certified Accountant

Suite 9, Hadleigh Business Centre 351 London Road Hadleigh Essex, SS7 2BT

This report was signed on 14 October 2025.

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Chelmsford Gymnastics Club Limited - Statement of Financial Activities for the year ended 31 May 2025

Statement of Financial Activities (including the Income and Ex enditure Account for the ear ended 31 May 2025, as required by the Companies Act 2006

				2025	2024
	Unrestricted Funds		Restricted Funds	Total Funds	Total Funds
INCOMEON:	Notes	£	£	£	£
Donations, grants and legacies Charitable activities	6 7	60 553,351	- »	60 553,351	- 422,470
Othertrading activities Investment Income	8 9	11,810 639	- -	11,810 639	9,415 334
Total income		565,860	-	565,860	432,219
EXPENDITURE ON:
Charitable activities		508,300	460	508,760	446,252
Total expenditure	10	508,300	460	508,760	446,252
Net income forthe year		57,560	(460)	57,100	(14,033)
Funds broughtforward		28,889	(920)	27,969	42,001
Transfers		-	-	-	0
Fundscarriedforward		86,449	(1,380)	85,069	27,968

A separate Statement of Total Recognised Gains and Losses is not required as this statement includes all recognised gains and losses.

All activities derive from continuing operations.

The notes on pages 14 to 20 form an integral part of these Financial Statements.

Gs

Gymnastics Club Limited - Statement of Financial Activities for the year ended 31 May 2025

Chelmsford

Chelmsford GymnasticsClub Limited -Analysis of	Chelmsford GymnasticsClub Limited -Analysis of	prior	year	total funds, as required
by	paragraph 4.2 of the	SORP
	PriorYear PriorYear			PriorYear
	Unrestricted Restricted			Total
	Funds	Funds		Funds
INCOMEON:	&	£		of
Donations and legacies	0	-		0
Charitable activities	422,470	-		422,470
Other trading activities	9,415	-		9,415
Investment Income	334	-		334
Total income	432,219	-		432,219
EXPENDITURE ON:
Charitable activities	445,792	460		446,252
Total expenditure	445,792	460.00		446,252
Net income fortheyear	(13,573)	(460.00)		(14,033)
Funds brought forward	42,001			42,001
Fundscarriedforward	28,428	(460)		27,968

A separate Statement of Total Recognised Gains and Losses is not required as this statement includes all recognised gains and losses.

All activities derive from continuing operations.

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Chelmsford Gymnastics Club Limited - Statement of Financial Activities for the year ended 31 May 2025

Movement in revenue and capital funds for the year ended 31 May 2025

			2025	2024
	Unrestricted Funds	Restricted Funds	Total Funds	Total Funds
	£	£	£
Accumulatedfundsbroughtforward	28,889	(920)	27,969	42,001
Recognised gains and losses beforetransfers	57,560	(460)	57,100	(14,033)
Transfers
Closing revenuefunds	86,449	(1,380)	85,069	27,968
			2025	2024
Summaryoffunds	Unrestricted Funds	Restricted Funds	Total Funds	Total Funds
	£	£	£	E
Revenueaccumulatedfunds	86,449	(1,380)	85,069	27,968

The notes on pages 14 to 20 form an integral part of these Financial Statements.

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Chelmsford Gymnastics Club Limited

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Balance Sheet
As 1 May 2025
Notes 2025 2024
£ & £ £
Fixed assets
Tangible fixed assets 16 12,602 15,683
Current assets
Stocks 17 3,000 3,000
Debtors 18 3,911 5,647
Cash at bank and in hand 80,046 31,609
86,957 40,256
Creditors: amounts falling due
within one year 19 (12,341) (15,671)
Net current assets 74,616 24,585
Liabilities arising after 1 year 20 (2,149) (12,300)
Total net deficit/assets of the charity 85,069 27,968
The total net assets of the charity are funded by the funds of the charity, as follows:-
Restricted Funds 22 (1,380) (920)
Unrestricted Funds 21 86,449 28,888
Total Funds 85,069 27,968
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The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.

The members have not required the company to obtain an audit in accordance with section 476 of the Act.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

The charity is subject to Independent Examination under charity legislation, and the report of the Independent Examiner is on page 8.

The financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006

Approved on behalf of the trustees on 14 October 2025.

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Loe Trustee
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J Belemore

The notes on pages 14 to 20 form an integral part of these Financial Statements.

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Chelmsford Gymnastics Club Limited

For the year ended 31 May 2025

STATEMENT OF CASH FLOWS AND CONSOLIDATED STATEMENT OF CASH FLOWS

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|||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---| |2025|2024| |Notes|£|£| |Cash flows from|operating|activities|50,392|(10,406)| |Cash|flows|from|investing|activities| |Purchase|of property,|plant and|equipment|16|(1,956)|(916)| |Net cash|provided|by/(used|in)|investing|activities|(1,956)|(916)| |Change|in cash and cash equivalents|in the|reporting|period|48,436|(11,322)| |Cash and cash|equivalents|at the|beginning|of the|reporting|period|26,977|38,299| |Cash|and|cash|equivalents|at the end|of the|reporting|period|75,413|26,977| |NOTES|TO|THE|CASH|FLOW|STATEMENT| |2025|2024| |£|z| |Reconciliation|of|Net|Income|to|Net|Cash|Flow from|Operating|Activities| |Net income|for the|reporting|period|57,100|(14,033)| |Depreciation|charges|12|5,037|5,363| |(Increase)|in|debtors|18|1,736|(1,736)| |(Decrease)|in|creditors|19|(13,481)|.| |Net cash|provided|by/|(used|in) operating|activities|50,392|(10,406)| |Analysis|of Cash and Cash|Equivalents|2025|2024| |<i|£| |Cash|at bank|and|in|hand|80,046|31,609| |80,046|31,609| |The|notes|on|pages|14|to|20 form|an|integral|part|of these|Financial|Statements.|

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Chelmsford Gymnastics Club Limited

Notes to the accounts for the

year ended 31 May 2025

• 1 Accounting policies

Policies relating to the production of the accounts.

Basis of preparation and accounting convention

The accounts have been prepared on the accruals basis, under the historical cost convention, and in accordance with the Financial Reporting Standard 102, (effective 1st January 2016) and 'FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), published by the Charity Commission in England & Wales (CCEW) , effective January 2016, , and in accordance with all applicable law in the charity's jurisdiction of registration, except that the charity has prepared the financial statements in accordance with the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), in preference to the previous SORP, the SORP 2005, which has been withdrawn, notwithstanding the fact that the extant statutory regulations, the Charities (Accounts and Reports) Regulations 2008 refer explicitly to the SORP 2005. This has been done to accord with current best practice.

Preparation of accounts on a going concern basis The trustees consider there are no material uncertainties about the Charity’s ability to continue as a going concern. The review of our financial position, reserves levels and future plans gives Trustees confidence the charity remains a going concern for the foreseeable future.

(i) Income recognition Income comprises donations, including under Gift Aid, grants, legacies, fees received from memberships, and investment and rental income from endowed funds.

All income is recognised once the charitable company has entitlement to the resources, it is certain that the resources will be received and the monetary value of income can be measured with sufficient reliability.

(ii) Expenditure All expenditure is included on the statement of financial activities on an accruals basis and is recognised when there is a legal or constructive obligation to pay for expenditure. All costs have allocated between the expenditure categories of the Statement of Financial Activities on a basis designed to reflect the use of the resource.

Support costs relate to expenditure to support the charitable activities of the charity which cannot be directly attributed to charitable activities.

Governance costs include those costs associated with meeting the constitutional and statutory requirements and those linked with the strategic management of the charity.

The charity is not registered for VAT and accordingly expenditure is shown gross of irrecoverable VAT.

• (iii) Fixed assets Fixed assets are initially recorded at cost

Depreciation has been provided at the following rates in order to write off the assets to their anticipated residual value over their estimated useful lives.

Equipment

Equipment 20% straight line Fixtures and fittings 20% straight line

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Chelmsford Gymnastics Club Limited

Notes to the accounts for the

year ended 31 May 2025

• (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.

• (vi) Financial instruments including cash and bank balances Cash held by the charity is included 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 accounting

• Unrestricted funds are available for use at the discretion of the trustees in furtherance 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 appeal or as implied by law.

2 Liability to taxation

The Trustees consider that the charity satisfies the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 for UK corporation tax purposes. Accordingly, the Charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by chapter 3 part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively on the specific charitable objects of the charity and for no other purpose. Value Added Tax is not recoverable by the charity, and is therefore included in the relevant costs in the Statement of Financial Activities.

3 Winding up or dissolution of the charity

If upon winding up or dissolution of the charity there remains any assets, after the satisfaction of all debts and liabilities, the assets represented by the accumulated fund shall be transferred to some other charitable body having similar objects to the charity.

4 Significance of financial instruments to the charity's position

There are no significant implications of the financial instruments to the charity's financial position or performance.

5 Net surplus before tax in the financial year

	2025	2024
	£	£
The net surplus before tax in the financial year is stated after charging:-
Operating leases	61,191	61,191
Depreciation ofowned assets	5,037	5,363
Pension costs	5,293	6,261
Number oftrustees towhom benefits accrued undermoney purchase
pensionschemes	1	1

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Chelmsford Gymnastics Club Limited

Notes to the accounts for the year ended 31 May 2025

6 Donations, grants and legacies

6	Donations,grants andandlegacies
6	Donations, grants andand legacies	Unrestricted	Restricted		Total Funds		Total Funds
		Funds	Funds		2025		2024
		,	£		£		£
	Job retention scheme			-		a	ii
	Government grant from local authority	-		-		-	i
	Gift-aid Donations	- 60 60		- ~ -	60 60	-	- - .
7	Income from charitable activities
		Unrestricted	Restricted		Total Funds		Total Funds
		Funds	Funds		2025		2024
		£	£		£		£
	Gym membership	553;351 553,351		- -	553:351 553,351		422,470 422,470
8	Othertrading income
		Unrestricted	Restricted		Total Funds		Total Funds
		Funds	Funds		2025		2024
		£	£		a		£
	Gym hire	-		-		Ps	“
	Online sale of kit	9.313		-	9,313		7,764
	Activities to raise funds for the charity	2,497		-	2,497		1,651
		11,810		-	11,810		9,415
9	Investment income
		Unrestricted	Restricted		Total Funds		Total Funds
		Funds	Funds		2025		2024
		£	£		£		£
	Short term deposits	639		-	639		334
		639		-	639		334

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Chelmsford Gymnastics Club Limited

Notes to the accounts for the year ended 31 May 2025

10 Costs of charitable activities
	Unrestricted	Restricted		Total Funds	Total Funds
	Funds	Funds		2025	2024
	£	£		£	£
Staff costs	320,938			320,938	284,101
Training Selfemployed coaches Subscriptions Competition costs Premises costs	1,152 11,716 1,746 6,695 134,870	- - - - -		1,152 11,716 1,746 6,695 134,870	268 18,120 1,847 2,625 103,710
General office costs Otherpurchases Governance costs (note 11) Support costs (note 12)	6,279 8,882 11,445 4,577 508,300	460 460	- - -	6,279 8,882 11,445 5,037 508,760	7,930 15,123 7,118 5,410 446 252
11 Governance costs
	Unrestricted	Restricted		Total Funds	Total Funds
	Funds	Funds		2025	2024
	£	£		£	£
Accounts preparation and payroll services Fees payable to Independent Examiner Legal and professional fees	4,865 4,865 6,580 11,445		- - - -	4,865 4,865 6,580 11,445	4,606 4,606 2,012 7,118
12 Support costs	Unrestricted	Restricted		Total Funds	Total Funds
	Funds	Funds		2025	2024
	£	£		£	£
Depreciation	4,577 4,577	460 460		5,037 5,037	5,303 5,363
13 Staff costs and emoluments
Salarycosts				2025 £	2024 £
Wages and salaries Social security costs Pension contributions				298,575 17,070 5,293	260,950 16,890 6,261
				320,938	284,101

“(72

Chelmsford Gymnastics Club Limited

Notes to the accounts for the year ended 31 May 2025

14 Staff costs and emoluments (continued)

Particulars of employees:

The average number of paid staff employed during the year was as follows:-

2025		2024
No		No
	26		19

No employee received remuneration of more than £60,000 during the year (2024 - Nil).

Total trustee and key management personnel remuneration benefits totalled £25,280 (2024 - £33,811).

15 Trustee's remuneration

During the year J Belemore, a trustee of the charity, received remuneration of £24,750 (2024 - £31,768) for providing services as Head Coach to the gymnastics club. Pension contributions of £530 (2024 - £6,261) were also made by the charity. No remuneration was payable to any other trustees during the year.

16 Tangible fixed assets

16	Tangible fixed assets
			Fixtures &
		Equipment	Fittings		Total
	Cost
	At 1 June 2024	91,216	34,649		125,865
	Additions At31 May2025	1,956 93,172	34,649	-	1,956 127,821
	Depreciation
	At 1 June 2024	75,533	34,649		110,182
	Charge forthe year	5,037	-		5,037
	At 31 May2025	80,570	34,649		115,219
	Net book value
	At 31 May2025	12,602	-		12,602
	At 31 May2024	24,504	-		15,683
17	Stocks
			2025		2024
			£		Es
	Stocks		3,000		3,000
			3,000		3,000
18	Debtors
			2025		2024
			£		£
	Prepayments and accrued income		3,911		5,647
			3,911		5,647

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Chelmsford Gymnastics Club Limited

Notes to the accounts for the year ended 31 May 2025

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|||||||| |---|---|---|---|---|---|---| |19|Creditors:|amounts|falling|due|within|one year| |2025|2024| |£|£| |Bank|loans|10,000|10,000| |Other|creditors|2,671|3,096| |Accruals|and|deferred|income|1,856|1,840| |Taxation|and|social|security|(2,188)|733| |12,339|15,669| |20|Creditors: amounts falling due within more than one year|2025|2024| |£|£| |Bank|loans|2,149|12,300| |2,149|12,300|

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||||||||| |---|---|---|---|---|---|---|---| |21|Unrestricted|Income|Funds| |Balance|at|Balance|at| |01/06/2024|Income|Expenditure|Transfers|31/05/2025| |£|£|£|£|£| |General|unrestricted|funds|28,888|565,860|(508,300)|-|86,448| |22|Restricted|Income|Funds| |Balance|at|Balance|at| |01/06/2024|Income|Expenditure|Transfers|31/05/2025| |£|ay|£|£|£| |e|e|e| |7|=|-|Si| |23|Analysis|of net assets|(between|restricted|and|unrestricted funds)| |Current year|Tangible|Othernet|31/05/2025| |fixed|assets|assets|Total| |£|£|£| |Restricted|funds|-|(460)|(460)| |Unrestricted|funds|-|85,529|85,529| |Total funds|-|85,069|85,069| |Prior year|Tangible|Other net|31/05/2024| |fixed|assets|assets|Total| |£|£|£| |Restricted|funds|*|(460)|(460)| |Unrestricted funds|28,156|28,156| |wa| |Total funds|-|27,696|27,696|

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Chelmsford Gymnastics Club Limited

Notes to the accounts for the year ended 31 May 2025

24 Company limited by guarantee

The company is a company limited by guarantee. The members of the charity are the trustees. In the event of the company being wound up, the liability in respect of the guarantee is limited to £10 per member of the charity.

25 Related party transactions

During the year, J Belemore, a trustee of the charity was reimbursed £2,477 (2024 : £4,245) in relation to charitable expenditure that she had paid personally.

There were no other transaction with related parties in the year, except with regard to trustees’ remuneration which are fully disclosed in note 15.

26 Operating leases

Total future minimum lease payments under a non-cancellable operating lease for rent are as follows:

	2025		2024
	£		£
Not laterthan one year	102,272		61,045
Laterthan one yearand not laterthan five years Later than five years	204,544	=	208,277	=
	306,816		269,322

Current lease ends April 2027

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