REGISTERED COMPANY NUMBER: 07034719 (England and Wales) REGISTERED CHARITY NUMBER: 1135055
SOUTH DEVON SCHOOL OF GYMNASTICS
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025
Armstrong Watson LLP Caledonia House 89 Seaward Street Glasgow G41 1HJ
SOUTH DEVON SCHOOL OF GYMNASTICS
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 3 |
| Independent Examiner's Report | 4 | ||
| Statement of Financial Activities | 5 | ||
| Balance Sheet | 6 | to | 7 |
| Notes to the Financial Statements | 8 | to | 14 |
SOUTH DEVON SCHOOL OF GYMNASTICS (REGISTERED NUMBER: 07034719)
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2025
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 August 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and Public Benefit
The objective of the charity is to offer quality gymnastic coaching to people of all ages. The charity's Trustees have had regard to the guidance issued by the Charity Commission on public benefit.
Significant activities
The charity promotes community participation in healthy recreation, for the benefit of the inhabitants of South Devon and the surrounding districts, by the provision of facilities and coaching for gymnastics.
ACHIEVEMENTS AND PERFORMANCE
Charitable activities
South Devon School of Gymnastics still continues to be full and replacing numbers as and when they become available. We are currently working at full capacity for the space and coaches we have available which is great news for our finances. As always Nicci Tucker spends time filling the spaces available and we currently hold a long waiting list for the recreational department.
There have been no big coaching changes since our last report which has created stability within the coaches and gymnasts who train here. Rachel Tucker has since had her beautiful baby girl Amelia and has therefore been off on maternity leave. All of the Trustees want to send big congratulations to her and her husband Dan. The coaches have all stepped up to cover sessions that have previously been run by Rachel and as Trustees we thank them for their commitment to the smooth running of the club.
South Devon School of Gymnastics have recently just refurbished the top bar pit with new foam. This was a huge task and we thank all parents and carers who were involved. Thank you also to those parents and carers that have helped at our various events over the financial year, working together really does benefit the club. In order to keep adapting and growing for the future we need to ensure that we have a good team to help us operate. I take this opportunity to ask that if anyone has any skills they feel the club would benefit from to please speak to Nicci.
Nicci has done a great job in trying to keep the club on track with its finances, as you will see from the accounts. As with everything at the moment, the club has had to look at fee increases this year due to the increase of rent and utility bills but these have all now been issued to parents.
I take this opportunity to thank all that help to keep South Devon School of Gymnastics running smoothly.
FINANCIAL REVIEW
Reserves policy
The Trustees monitor the level of reserves required to ensure the smooth operation of the School on a continuing basis. The results for the year ended 31 August 2025 show a surplus and the Trustees consider that the current level of reserves is necessary due to the continuing long term uncertainty over the premises being used, the requirement for renewal of equipment and the possibility of future property acquisition.
The charity had total incoming resources of £342,763 (2024: £309,528) and total resources expended of £313,658 (2024: £285,525). There was a surplus of £29,105 (2024: £24,003) for the year ended 31 August 2025.
The Board are comfortable with the level of reserves held at the year end and that the use of the going concern basis is appropriate.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a Memorandum and Articles of Association, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
Page 1
SOUTH DEVON SCHOOL OF GYMNASTICS (REGISTERED NUMBER: 07034719)
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2025
STRUCTURE, GOVERNANCE AND MANAGEMENT
Recruitment and appointment of new trustees
The company is governed by a Board of Trustees as detailed below.
All Trustees are subject to enhanced disclosure requirements. All employees and volunteers are subject to the same disclosure requirements.
No Trustee or connected person may be employed by the charity.
Where any Trustee has a conflict of interest, this is always declared and appropriate action taken. All Trustees are required and expected to declare any possible conflict of interest.
None of the Trustees are remunerated.
Organisational structure
South Devon School of Gymnastics was constituted as a company limited by guarantee and not having share capital on 30 September 2009. The liability of each member is limited to £10. The company was established under a Memorandum of Association which established the objects and powers of the charitable company and it is governed under its Articles of Association.
The Trustees meet on a regular basis to reach decisions regarding the operation of the charity and their instructions are implemented by the company secretary with the assistance of coaching staff.
Induction and training of new Trustees
Each new Trustee is to undergo an induction process decided upon by the trustees as to the responsibilities of charity trustees and his/her overall responsibility for all aspects of the charity's business.
Key management remuneration
The Trustees consider that the Board of Trustees, the General Manager and Head Coach comprise the key management personnel of the charity in charge of directing and controlling, running and operating the charity on a day-to-day basis. All Directors/Trustees give of their time freely and no Director received any remuneration nor expenses during the year.
The pay of senior staff is reviewed annually in conjunction with that of all staff, taking account of market conditions and salaries available to staff in similar positions in other organisations.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
07034719 (England and Wales)
Registered Charity number
1135055
Registered office
8 Brownings End Ogwell Newton Abbott Devon TQ12 6YZ
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SOUTH DEVON SCHOOL OF GYMNASTICS (REGISTERED NUMBER: 07034719)
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2025
Trustees
K Parker-Calland J W Parker E J Wells L Philpott (resigned 6/6/2025) C E Jones K Jupe (resigned 14/11/2024) L Spark F M Jones (appointed 14/11/2024) Company Secretary N Tucker
Independent Examiner
Gavin Curr FCCA Armstrong Watson LLP Caledonia House 89 Seaward Street Glasgow G41 1HJ
Bankers
HSBC 7 Palace Avenue Paignton Devon TQ3 3ED
Key Management Personnel Nicola Tucker General Manager Rachel Tucker Head Coach
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
Approved by order of the board of trustees on 27 January 2026 and signed on its behalf by:
E J Wells - Trustee
Page 3
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SOUTH DEVON SCHOOL OF GYMNASTICS
Independent examiner's report to the trustees of South Devon School of Gymnastics ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 August 2025.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company 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 your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
Independent examiner's statement
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
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accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act 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; or
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the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I 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 accounts to be reached.
Gavin Curr FCCA The Association of Chartered Certified Accountants
Armstrong Watson LLP Caledonia House 89 Seaward Street Glasgow G41 1HJ
27 January 2026
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SOUTH DEVON SCHOOL OF GYMNASTICS
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 AUGUST 2025
| 2025 Unrestricted fund Notes £ INCOME FROM Donations and legacies 2 6,288 Charitable activities Fees and memberships 266,590 Clothes and equipment 11,682 Competition fees 18,281 Cafe 33,668 Other trading activities 3 2,446 Investment income 4 1,004 Other income 2,804 Total 342,763 EXPENDITURE ON Direct charitable costs Fees and memberships 8,393 Employment costs 141,889 Staff related costs 5,551 Competition fees 7,530 Repairs and equipment 11,744 Printing, postage and stationery 1,743 Property costs 82,786 Sundry 8,792 Goods for resale 8,954 Depreciation 21,690 Cafe 14,586 Total 313,658 NET INCOME 29,105 RECONCILIATION OF FUNDS Total funds brought forward 206,940 TOTAL FUNDS CARRIED FORWARD 236,045 |
2024 Total funds £ 14,528 246,948 3,874 10,188 29,240 2,581 1,069 1,100 309,528 6,599 125,849 7,319 6,042 8,926 1,856 83,959 8,784 1,909 20,916 13,366 285,525 24,003 182,936 206,939 |
|---|---|
The notes form part of these financial statements
Page 5
SOUTH DEVON SCHOOL OF GYMNASTICS (REGISTERED NUMBER: 07034719)
BALANCE SHEET 31 AUGUST 2025
| 2025 Unrestricted fund Notes £ FIXED ASSETS Tangible assets 9 112,336 CURRENT ASSETS Stocks 10 1,398 Debtors 11 28,615 Cash at bank 138,541 168,554 CREDITORS Amounts falling due within one year 12 (30,158) NET CURRENT ASSETS 138,396 TOTAL ASSETS LESS CURRENT LIABILITIES 250,732 CREDITORS Amounts falling due after more than one year 13 (14,687) NET ASSETS 236,045 FUNDS 15 Unrestricted funds 236,045 TOTAL FUNDS 236,045 |
2024 Total funds £ 123,090 1,734 28,467 136,979 167,180 (59,121) 108,059 231,149 (24,210) 206,939 206,939 206,939 |
|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
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(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
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(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
continued...
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SOUTH DEVON SCHOOL OF GYMNASTICS (REGISTERED NUMBER: 07034719)
BALANCE SHEET - continued 31 AUGUST 2025
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 27 January 2026 and were signed on its behalf by:
E J Wells - Trustee
The notes form part of these financial statements
Page 7
SOUTH DEVON SCHOOL OF GYMNASTICS
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
South Devon School of Gymnastics is a company limited by guarantee incorporated in England. The registered office is 8 Brownings End, Ogwell, Newton Abbot, Devon, TQ12 6YZ.
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.
The financial statements are presented in Sterling (£).
Going concern
The financial statements have been prepared on a going concern basis, which the trustees believe to be appropriate for the reasons set out in the Trustees' Report.
Financial reporting standard 102 - reduced disclosure exemptions
The charitable company has taken advantage of the following disclosure exemption in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':
- the requirements of Section 7 Statement of Cash Flows.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, any performance conditions attached to the income have been met, it is probable that the income will be received 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 received and the amount can be measured reliably and is not deferred.
Other revenue streams are recognised when there is an understanding of the terms to both parties and the charity has invoiced the appropriate entity. In the event that a service is subject to conditions that require a level of performance before the charity is entitled to funds, the income is deferred and not recognised until either those conditions are fully met or the fulfilment of those conditions is wholly within the control of the charity and it is probable that those conditions will be fulfilled in the reporting period.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Charitable activities
Costs of charitable activities are incurred by the charity to raise funds for its charitable purposes and includes costs of all fundraising activities, events and non-charitable trading.
Governance costs
These are indirect costs attributable to the management function that supports the direct provision of charitable services.
continued...
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SOUTH DEVON SCHOOL OF GYMNASTICS
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2025
1. ACCOUNTING POLICIES - continued
Allocation and apportionment of costs
Where possible expenditure is allocated directly to an activity. Items of expenditure which contribute to more than one activity are apportioned on a reasonable, justifiable and consistent basis.
Support costs which are not attributable to a single activity but rather provide the organisational infrastructure that enables output producing activities to take place are allocated on the same basis as expenditure incurred directly in undertaking an activity.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Short leasehold - written off over the term of the lease Gymnastic equipment - 10% on cost Office equipment - 50% on cost
Tangible fixed assets are included at cost less accumulated depreciation and accumulated impairment losses.
Impairment of non-financial assets
At each reporting date non-financial assets not carried at fair value, like plant and equipment, are reviewed to determine whether there is an indication that an asset may be impaired. If there is an indication of possible impairment, the recoverable amount which is the higher of value in use and the fair value less cost to sell, is estimated and compared with the carrying amount. If the recoverable amount is lower, the carrying amount of the asset is reduced to its recoverable amount and an impairment loss is recognised immediately in profit and loss.
Stocks
Stocks are valued at the lower of cost and estimated selling price less costs to sell.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
All of the charity's funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.
Operating lease commitments
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties.
Debt instruments like loans and other accounts receivable and payable are initially measured at present value of the future payments and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and trade creditors, are measured, initially and subsequently, at the undiscounted amount of cash or other consideration expected to be paid or received.
Financial assets measured at cost and amortised cost are assessed at the end of each reporting period for evidence of impairment and if found, an impairment loss is recognised in profit or loss.
continued...
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SOUTH DEVON SCHOOL OF GYMNASTICS
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2025
1. ACCOUNTING POLICIES - continued
Financial instruments
Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.
Cash and cash equivalents includes cash in hand, deposits held at call with banks, other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. Bank overdrafts, when applicable, are shown within borrowings in current liabilities.
Judgements
The company considers on an annual basis the judgements that are made by management when applying its significant accounting policies that would have the most significant effect on amounts that are recognised in the financial statements. The Trustees consider there are no such significant judgements.
Provisions
Provisions are recognised when the company has a legal or constructive obligation at the reporting date as a result of a past event, it is probable that the company will be required to settle the obligation and the amount of the obligation can be reliably estimated. Provisions are recognised at the best estimate of the amount required to settle the obligation at the reporting date.
Government grants
Government grants of a capital nature are taken to a separate deferred income account and released to the profit and loss account in accordance with the company's depreciation policy over the useful economic life of the asset concerned. Grants of a revenue nature are taken to the profit and loss account in the year in which the expenditure is incurred.
2. DONATIONS AND LEGACIES
| Donations Gift aid 3. OTHER TRADING ACTIVITIES Fundraising events 4. INVESTMENT INCOME Rents received Bank interest received |
2025 £ 51 6,237 6,288 2025 £ 2,446 2025 £ 250 754 1,004 |
2024 £ 614 13,914 14,528 2024 £ 2,581 2024 £ 250 819 1,069 |
|---|---|---|
continued...
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SOUTH DEVON SCHOOL OF GYMNASTICS
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2025
5. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
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|---|---|---|
|2025|2024|
|£|£|
|Depreciation - owned assets|21,690|20,916|
|Other operating leases|72,155|75,929|
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6. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 August 2025 nor for the year ended 31 August 2024.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 August 2025 nor for the year ended 31 August 2024.
7. STAFF COSTS
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|---|---|---|
|2025|2024|
|£|£|
|Wages and salaries|140,009|124,495|
|Other pension costs|1,880|1,354|
|141,889|125,849|
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The average monthly number of employees during the year was as follows:
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|---|---|---|
|2025|2024|
|Administration|19|19|
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Key management personnel were paid a total of £47,538 (2024: £47,977) during the year.
8. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
The comparatives shown in the Statement of Financial Activities on page 5 for the prior year wholly relate to unrestricted funds.
continued...
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SOUTH DEVON SCHOOL OF GYMNASTICS
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2025
9. TANGIBLE FIXED ASSETS
| COST At 1 September 2024 Additions Disposals At 31 August 2025 DEPRECIATION At 1 September 2024 Charge for year Eliminated on disposal At 31 August 2025 NET BOOK VALUE At 31 August 2025 At 31 August 2024 10. STOCKS Stocks 11. DEBTORS: AMOUNTS FALLING DUE WITHIN Trade debtors Other debtors Prepayments and accrued income |
Short Gymnastic Office leasehold equipment equipment £ £ £ 91,603 174,811 21,262 - 7,185 3,751 - - (2,830) 91,603 181,996 22,183 38,882 105,781 19,923 7,292 12,795 1,603 - - (2,830) 46,174 118,576 18,696 45,429 63,420 3,487 52,721 69,030 1,339 2025 £ 1,398 ONE YEAR 2025 £ 139 27,300 1,176 28,615 |
Totals £ 287,676 10,936 (2,830) 295,782 164,586 21,690 (2,830) 183,446 112,336 123,090 2024 £ 1,734 2024 £ 357 27,300 810 28,467 |
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continued...
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SOUTH DEVON SCHOOL OF GYMNASTICS
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2025
| 12. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
|---|---|---|---|---|
| 2025 | 2024 | |||
| £ | £ | |||
| Other loans (see note 14) | 7,548 | 9,847 | ||
| Social security and other taxes | - | 1,229 | ||
| Accruals and deferred income | 20,635 | 46,082 | ||
| Deferred government grants | 1,975 | 1,963 | ||
| 30,158 | 59,121 | |||
| 13. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN | ONE YEAR | ||
| Other loans (see note 14) | 2025 £ - |
2024 £ 7,548 |
||
| Deferred government grants | 14,687 | 16,662 | ||
| 14,687 | 24,210 | |||
| 14. | LOANS | |||
| An analysis of the maturity of loans is given below: | ||||
| Amounts falling due within one year on demand: | 2025 £ |
2024 £ |
||
| Other loans | 7,548 | 9,847 | ||
| Amounts falling between one and two years: | ||||
| Other loans - 1-2 years | - | 7,548 | ||
| 15. | MOVEMENT IN FUNDS | |||
| Unrestricted funds | At 1/9/24 £ |
Net movement in funds £ |
At 31/8/25 £ |
|
| General fund | 206,940 | 29,105 | 236,045 | |
| TOTAL FUNDS | 206,940 | 29,105 | 236,045 | |
| Net movement in funds, included in the above are as follows: | ||||
| Unrestricted funds | Incoming resources £ |
Resources expended £ |
Movement in funds £ |
|
| General fund | 342,763 | (313,658) | 29,105 | |
| TOTAL FUNDS | 342,763 | (313,658) | 29,105 | |
continued...
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SOUTH DEVON SCHOOL OF GYMNASTICS
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2025
15. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1/9/23 | in funds | 31/8/24 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 182,936 | 24,003 | 206,939 |
| TOTAL FUNDS | 182,936 | 24,003 | 206,939 |
| Comparative net movement in funds, included in the above are as follows: | |||
| Unrestricted funds | Incoming resources £ |
Resources expended £ |
Movement in funds £ |
| General fund | 309,528 | (285,525) | 24,003 |
| TOTAL FUNDS | 309,528 | (285,525) | 24,003 |
16. EMPLOYEE BENEFIT OBLIGATIONS
The pension amount paid in the year and charged to the Statement of Financial Activities amounted to £1,880 (2024: £1,354). At the year end, there were no outstanding or prepaid contributions.
17. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 August 2025.
18. ULTIMATE CONTROLLING PARTY
The trustees are the ultimate controlling party.
19. COMPANY LIMITED BY GUARANTEE
South Devon School of Gymnastics is a company limited by guarantee in the terms of the Companies Act 2006. The liability of each member is limited to the sum of £10. In the event of the winding up or dissolution of the company, in terms of the Memorandum of Association, any surplus assets shall be transferred to some other charitable body or bodies having objects similar to the company.
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Signed by Emma Wells using authentication code TShDfG1iV288Uk4o at IP address 217.39.45.60, on 2026/02/12 16:08:40 Z.
Emma Wells's e-mail address is: emwells1902@yahoo.co.uk.