TRUSTEES, ANNUAL REPORT
Zero Gravity Charity
Registered Charity Number: 1134722
Trustees, Annual Report for the Year Ended 30 September 2024
Principal Address: 1-3 Castle Buildings
Gilston Road
SALTASH
PL12 6TW
This has been an incredibly busyyear for the Gym Club as we entered the finalyear of
our 10 year lease on the business premises.
After initially entering pro-longed negotiations with the property agent a year earlier for a
further extension to ourtenure, we had finally secured and agreed terms- or so we
thought!
As December approached and still awaitingfinalisation of renewed LegalTerms, an
unsustainable further increase in lease costs were presented to us and after many
discussions it was decided that our better option was to weigh up the costs of
relocating both the Gym Academy as well as the independent soft play area.
This was subsequently achieved by late February and planning permission for change of
use was submitted to County Council and granted in April.
The combined financial costs for internal fittings, legal expenses, deposit costs and
clearance / moving, were substantial and beyond the capability of the Gym Academy-
the overall decision therefore being that the Lease would be legally taken by the Ltd
Company together with the expenses, thereby granting a permanent sub tenancy to the
Academy, enablingthe Charity to continue onwards for the next decade.
Relocation was a full on operation with many hands on deck for the move which was
carried out overthe summerweeks.
During the following crucial weeks we were down 2 of our main team members, one
being on maternity and who continued to manage organisation of new programmes in
between babyfeeds. Our second being absent with her husband who was approaching
end of life and who sadly passed away a few weeks later....... despite her personal
trauma, she continued to maintain contact and keep pace with ongoing developments.
Tracey as our trustee and husband Mike, stepped in during this incredibly fraught time
of long hours and extensive tasks and offered their help unconditionally, despite their
own family commitments... .... Their total support was unwavering in the provision of
personal, physical and technical assistance with my intense gratitude to both of them
in ensuring the provision of essential coffee and Snacks that kept both myself and our
super helpful electrician going, frequently into very late hours.
Finally, September arrived and following a mammoth effort, we were able to open with
the Gym Academy beginning a renewed focus towards Tumbling.
As a new start the finances were particularly tight but the sessions were filling, with the
majority of our customers remaining steadfastly loyal..
.2024-2025 was a new
beginning..
Mo Gregory
(Head Coach of Zero Gravity)
Declaration
This report was approved by the board of trustees and signed on their behalf by:
Signed:
Tracey Balding
Trustee of Zero Gravity
Date:
11712
|**No (if any)**
Zero Gravity Know No Limits||
|---|---|
|**CC16a**
**Receipts andpayments accounts**||
|01/10/2023
30/09/2024
**To**
**For the period**
**from**||
|**Section A Receipts and payments**||
|**Unrestricted**
**funds**
**Restricted**
**funds**
**Endowment**
**funds**
**Total funds**
**Last year**||
|**to the nearest £**
**to the nearest £**
**to the nearest £**
**to the nearest £**
**to the nearest £**||
|**A1 Receipts**||
|Activities forgeneratingfunds
**208,080**
**-**
**-**
**208,080**
**202,052.59**
Other receipts
**1,810**
**-**
**-**
**1,810**
**4,008.00**
Fundraising
**-**
**-**
**-**
**-**
**3,154.43**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**_Sub total_**_(Gross income for AR)_
**209,890**
**-**
**-**
**209,890**
**209,215**
~~Ee~~||
|**A2 Asset and investment sales,**
**(see table).**
Cash Items from FinancingActivities
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**_Sub total _ -**
**-**
**-**
**-**
**-**
**_Total receipts_**
**209,890**
**-**
**-**
**209,890**
**209,215**
**A3 Payments**
Fundraisingcosts
**5,000**
**-**
**-**
**5,000**
**12,456**
Costs of charitable activities
**179,305**
**-**
**-**
**179,305**
**180,512**
FinancingCosts
**28,858**
**-**
**-**
**28,858**
**7,151**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**_Sub total_ 213,163**
**-**
**-**
**213,163**
**200,119**
**A4 Asset and investment**
**purchases, (see table)**
Fixed Asset costs
**4,443**
**-**
**-**
**4,443**
**3,454**
**-**
**-**
**-**
**-**
**-**
**-**
**_Sub total_ 4,443**
**-**
**-**
**4,443**
**3,454**
**_Total payments_**
**217,606**
**-**
**-**
**217,606**
**203,573**
~~———maist~~
~~—————==~~||
|**_Net of receipts/(payments)_ (7,716)**
**-**
**-(7,716)**
**5,642**
**A5 Transfers between funds**
**-**
**- -**
**-**
**-**
**A6 Cash funds last year end**
**15,693**
**- -**
**15,693**
**10,050**
**_Cash funds this year end_**
**7,978**
**-**
**- 7,978**
**15,693**
~~===>~~||
CCXX R1 accounts (SS)
1
## **Section B Statement of assets and liabilities at the end of the period**
||||**Unrestricted**|**Restricted**||**Endowment**|
|---|---|---|---|---|---|---|
|**Categories**|**Details**||**funds**|**funds**||**funds**|
||||**to nearest £**|**to nearest £**||**to nearest £**|
|**B1 Cash funds**|**7,978**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**7,978**
**-**
**-**
Cash at bank
**_Total cash funds_**
~~SS~~||||||
||(agree balances with receipts and payments|(agree balances with receipts and payments|||||
||account(s))||OK|OK||OK|
||||**Unrestricted**|**Restricted**||**Endowment**|
||||**funds**|**funds**||**funds**|
||**Details**||**to nearest £**|**to nearest £**||**to nearest £**|
|**B2 Other monetary assets**|**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
~~————~~||||||
||**Details**||**Fund to which**
**asset belongs**|**Cost (optional)**||**Current value**
**(optional)**|
|**B3 Investment assets**|**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
~~a~~||||||
||**Details**||**Fund to which**
**asset belongs**|**Cost (optional)**||**Current value**
**(optional)**|
|**B4 Assets retained for the**
**charity’s own use**|Unrestricted
**2,984**
**1,867**
Unrestricted
**58,400**
**19,057**
Unrestricted
**2,800**
**2,800**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
Buildings
Fixtures and fittings
Plant and Machinery
~~ie~~||||||
||||**Fund to which**|**Amount due**||**When due**|
||**Details**||**liability relates**|**(optional)**||**(optional)**|
|Signed by one or two trustees on
behalf of all the trustees
**B5 Liabilities**|Unrestricted
**800**
Unrestricted
**18,573**
Unrestricted
**31,990**
Date of
approval
TraceyElaineBalding
Print Name
Signature
Accruals
Other Creditors
BounceBack Loan
~~——=~~||||||
CCXX R2 accounts (SS)
2
REF. NUMBER DOCUMENT COMPLETED BY ALL PARTIES ON **`REPF6-6CQVZ-2AWAE-XDRVA 09 APR 2025 19:42:52 UTC` SIGNER TIMESTAMP SIGNATURE TRACEY BALDING** SENT **`04 APR 2025 13:58:07 UTC`** EMAIL VIEWED **`MIKEBALDING@ME.COM 06 APR 2025 15:51:00 UTC`** Tracey Balding SIGNED IP ADDRESS **`09 APR 2025 19:42:52 UTC 104.28.86.59`** LOCATION **`MANCHESTER, UNITED KINGDOM`**
## **RECIPIENT VERIFICATION**
EMAIL VERIFIED **`06 APR 2025 15:51:00 UTC`**
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## **Independent examiner's report on the accounts**
## **Section A Independent Examiner’s Report**
**Report to the trustees/ members of** Charity Name Zero Gravity Knows No Limits 30[th] **Charity no** 1134722 **On accounts for the year ended** September **(if any)** 2024 **Set out on pages** 1-2 (remember to include the page numbers of additional sheets **Respective responsibilities of trustees** The charity's trustees are responsible for the preparation of the **and examiner** accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to: • examine the accounts under section 145 of the Charities Act, • to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and • to state whether particular matters have come to my attention. **Basis of independent examiner’s** My examination was carried out in accordance with general Directions **statement** given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below. **IER** 1 **March 2012**
1. which gives me reasonable cause to believe that in, any material respect, the requirements: to keep accounting records in
2. accordance with section 130 of the Charities Act; and to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met; or
1. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
**Date:** 25/02/2025 **Signed:** ~~oo~~ **Name:**[Leila Tansley ] **Relevant professional qualification(s) or** ACCA Member **body (if any):**
**Address:**[2 Bridge Court Road, Saltash, Cornwall, PL126LS ]
## **Section B Disclosure**
Only complete if the examiner needs to highlight material problems.
2
**IER**
**March**
**2012**
## **Give here brief details of any items that the examiner wishes to disclose** .
3
**IER**
**March**
**2012**
IER
March
2012