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2022-09-30-accounts


Zero Gravity Know No Limits

Zero Gravity Know No Limits

Zero Gravity Know No Limits
No (if any) CC16a
Receipts andpayments accounts
For the period
from
10/1/2021 To 9/30/2022
Section A Receipts and payments Section A Receipts and payments
A1 Receipts Unrestricted
funds
to the nearest £
196,680.25
6,007.73
386.77
-
-
-
-
203,074.75
-
203,074.75
1,875.95
199,541.31
-
-
-
-
-
-
-
201,417.26
11,716.00
-
11,716.00
213,133.26
(10,058.51)
-
20,109.45
10,050.94
Restricted
funds
to the nearest £
Endowment
funds
to the nearest £
Total funds
to the nearest £
Last year
to the nearest £
Activities forgeneratingfunds 196,680.25 - - 196,680.25 123,719.00
Other receipts 6,007.73 - - 6,007.73 572.00
Government Grants 386.77 - - 386.77 58,268.00
- - - -
- - - - -
- - - - -
- - - - -
- -
-
-
-
-
203,074.75
-
Sub total(Gross income for AR) 203,074.75 182,559.00
A2 Asset and investment sales,
(see table).
Cash Items from FinancingActivities - - - (4,412.00)
-
-
-
-
-
-
-
Sub total - (4,412.00)
Total receipts
A3 Payments
- - 203,074.75 178,147.00
Fundraisingcosts 1,875.95 - - 1,875.95 8,299.00
Costs of charitable activities 199,541.31 - - 199,541.31 172,056.00
- - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- -
-
-
-
-
201,417.26
-
**Sub total ** 201,417.26 180,355.00
A4 Asset and investment
purchases, (see table)
Fixed Asset costs 11,716.00 - - 11,716.00
- -
-
-
-
-
11,716.00
**Sub total ** 11,716.00 -
Total payments
Net of receipts/(payments)
A5 Transfers between funds
A6 Cash funds last year end
Cash funds this year end
213,133.26
- - 180,355.00
(10,058.51) -
-
(10,058.51) (2,208.00)
- - - - -
20,109.45 - - 20,109.45 22,318.00
10,050.94 -
-
10,050.94 20,110.00

CCXX R1 accounts (SS)

1

Section B Statement of assets and liabilities at the end of the period Unrestrlcted funds to nearDst £ Restrlcted funds to nurnst £ Endowment funds . to n￿reSt £ Categories Details B1 Cash funds Cash at bank 101151 Total cash funds 10,051 acixJunl(s)I Unrestrlcted Restrlcted Èndowment funds funds funds Details B2 Other monetsry assets 1U94 Fund to whkh asset belon Details B3 Investment assets Fund to which asset belon Details Fixlures and filtlngs B4 Assets retained for the charlty's own use Plarrt and Machlwy Fund to whlch •Jnouni du• Details B5 Llabilitles 800 B￿K88( Loan Slgned by one or tw) trustees on behalf of all the trustees Signature Print N Date of 16/07/2023

Profit and Loss

Zero Gravity Know No Limits For the year ended 30 September 2022

Profit and Loss
Zero Gravity Know No Limits
For the year ended 30 September 2022
Profit and Loss
Zero Gravity Know No Limits
For the year ended 30 September 2022
2022
2021
Turnover
Sales - Subscriptions
196,680.25
122,477.76
Other Revenue
3,498.60
26,673.00
Other Income
Easy Fundraising
47.70
41.54
JRS Grants
386.77
33,366.34
Total Other Income
434.47
33,407.88
Total Turnover
200,613.32
182,558.64
Cost of Sales
Direct Expenses
928.83
630.40
Direct Wages
9,600.67
7,668.60
Total Cost of Sales
10,529.50
8,299.00
Gross Profit
190,083.82
174,259.64
Administrative Costs
Audit & Accountancy fees
2,730.24
2,730.24
Bank Fees
102.00
78.22
Cleaning
329.50
-
Competitions
764.00
825.10
Consulting
1,363.44
1,363.44
Customer Refunds
-
440.96
Depreciation Expense
9,061.16
9,184.14
Employers National Insurance
1,876.65
-
General Expenses
317.00
18,508.28
Gymnastic Clothing
255.96
-
Gymnastic Equipment
1,939.20
6,244.28
Hire of Equipment
9,600.00
5,600.00
Insurance
4,500.70
2,985.46
Interest Paid
2,160.70
1,071.98
IT Software and Consumables
380.25
195.45
Light, Power, Heating
4,276.63
2,592.79
Operating Lease Payments
-
3,674.20
Pensions Costs
1,858.92
836.92
Printing & Stationery
574.77
481.57
Rates
507.20
224.50
Rent
39,765.58
42,811.69
Repairs & Maintenance
2,400.80
7,662.20
Salaries
111,933.02
71,712.04
Staff Training
371.00
500.00
Subscriptions
324.00
-

Profit and Loss

Zero Gravity Know No Limits

Profit and Loss

2022 2021
Telephone & Internet 628.65 735.87
Travel - National 51.60 781.20
Total Administrative Costs 198,072.97 181,240.53
Operating Profit (7,989.15) (6,980.89)
Profit on Ordinary Activities Before Taxation (7,554.68) 26,426.99
Unmapped Accounts
Donations 2,461.43 -
Total Unmapped Accounts 2,461.43 -
Profit after Taxation (7,554.68) 26,426.99

Profit and Loss

Zero Gravity Know No Limits

Balance Sheet

Zero Gravity Know No Limits As at 30 September 2022

Balance Sheet
Zero Gravity Know No Limits
As at 30 September 2022
Balance Sheet
Zero Gravity Know No Limits
As at 30 September 2022
30 SEP 2022
30 SEP 2021
Fixed Assets
Tangible Assets
Fixtures & Fittings
1,341.00
1,341.00
Less Accumulated Depreciation on Fixtures & Fittings
(768.94)
(578.25)
Less Accumulated Depreciation on Plant and Machinery
(25,311.26)
(16,440.79)
Plant and Machinery
54,946.44
43,230.44
Total Tangible Assets
30,207.24
27,552.40
Total Fixed Assets
30,207.24
27,552.40
Current Assets
Cash at bank and in hand
Zero Gravity Know No Limits A
10,050.94
20,109.45
Total Cash at bank and in hand
10,050.94
20,109.45
Loan to Ltd Company
12,994.14
10,863.58
Prepayments
-
284.40
Total Current Assets
23,045.08
31,257.43
Creditors: amounts falling due withinone year
Accruals
800.00
800.00
BBL Loan (Current Portion)
4,580.42
4,100.89
PAYE Payable
6,597.39
4,045.61
Pensions Payable
-
97.67
Wages Payable - Payroll
8,231.32
7,164.02
Total Creditors: amounts falling due within one year
20,209.13
16,208.19
Net Current Assets (Liabilities)
2,835.95
15,049.24
Total Assets less Current Liabilities
33,043.19
42,601.64
Creditors: amounts falling due after more than one year
HSBC BBL Loan
35,871.91
39,902.64
Total Creditors: amounts falling due after more than one year
35,871.91
39,902.64
Net Assets
(2,828.72)
2,699.00
Capital and Reserves
Current Year Earnings
(5,527.72)
(6,980.89)
Retained Earnings
2,699.00
9,679.89
Total Capital and Reserves
(2,828.72)
2,699.00

Balance Sheet

Zero Gravity Know No Limits

Independent examiner's report on the accounts

Section A
Independent Examiner’s Report
Section A
Independent Examiner’s Report
Report to the trustees
On accounts for the year
ended
Set out on pages
Responsibilities and
basis of report
Charity Name
Charity no
(if any)
(remember to include the page numbers of additional sheets)
I report to the trustees on my examination of the accounts of the above
charity (“the Trust”) for the year endedDD / MM / YYYY.
As the charity's trustees, you are responsible for the preparation of the
accounts in accordance with the requirements of the Charities Act 2011
(“the Act”).
Zero Gravity Know No Limits
30th September 2022
1137422
1-2
30th September 2022

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent [The charity’s gross income exceeded £250,000 and I am qualified to examiner's statement undertake the examination by being a qualified member of [insert name of applicable listed body]]. Delete [ ] if not applicable.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination (other than that disclosed below *) which gives me cause to believe that in, any material respect:

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.

Signed:
Name:
Relevant professional
qualification(s) or body
14th July 2023
Andrew Sullivan
FMAAT

Oct 2018

1

IER

(if any):

Address: 2 Bridge Court, Saltash, Cornwall, PL12 6LS

Section B Disclosure

Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

Give here brief details of any items that the examiner wishes to disclose .

Oct 2018

2

IER