**REGISTERED COMPANY NUMBER: 06934613 (England and Wales) REGISTERED CHARITY NUMBER: 1139993** **REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025** ## **FOR** ## **WICKERS GYMNASTICS LTD** Galloways Accounting Limited 15 West Street Brighton East Sussex BN1 2RL **WICKERS GYMNASTICS LTD** **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025** ||**Page**| |---|---| |**Report of the Trustees**|1 to 2| |**Independent Examiner's Report**|3| |**Statement of Financial Activities**|4| |**Balance Sheet**|5| |**Cash Flow Statement**|6| |**Notes to the Cash Flow Statement**|7| |**Notes to the Financial Statements**|8 to 13| |**Detailed Statement of Financial Activities**|14 to 15| **WICKERS GYMNASTICS LTD** **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2025** The Trustees present their annual report and financial statements for the year ended 30 June 2025. The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity's Memorandum and Articles of Association, the Companies Act 2006 and "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)" (as amended for accounting periods commencing from 1 January 2016). ## **OBJECTIVES AND ACTIVITIES** ## **Objectives and aims** Our charity's purposes as set out in the objects contained in the Memorandum of Association, are the promotion of the participation of children and young people in healthy recreation, in particular by the provision of facilities for gymnastics. ## **Public benefit** The community benefits from our activities through the promotion of community participation in activities which enhance physical health and fitness, and build confidence and self-esteem in children and young people. The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake. ## **ACHIEVEMENTS AND PERFORMANCE Charitable activities** In the year end to 30th June 2025, the Club has continued to grow, and there has been increased attendance in all sessions. Competition success and impressive results continued with both the General Gymnastics and Womens Artistic Squads continued to have medal success at local, county and regional competitions. Squad numbers in both disciplines remain at capacity. Within the year, 1 trainee staff member passed their Level 1 coaching exam; 4 staff members completed their Level 2 qualification; 1 staff member passed their Level 3 Theory Modules, and 3 staff members passed their preschool qualification. The Club employed its first Apprentice who has enrolled on the L4 Sports Coach Apprenticeship. ## **FINANCIAL REVIEW** ## **Financial position** Income for the year end totalled £684,831 (2024: £625,619) and expenditure totalled £636,704 (2024: £595,408). The charity made an overall surplus of £48,127 (2024: surplus of £30,211) for the year. ## **Reserves policy** It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month's expenditure. This equates to a maximum figure of £320,000. The Trustees considers that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity's current activities while consideration is given to ways in which additional funds may be raised. Current free reserves stand at £342,499 which equates to over 6 months, so reserves are in line with the reserves policy. The Trustees have assessed the major risks to which the company is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks. ## **FUTURE PLANS** As the Club has continued to experience growth in all sessions over the last year, the plan for the next financial year is to continue to focus and review current practise in order to ensure continued growth and retention. ## **In order to do this the plan is:** - To run a feedback week to enable the daytime programme to be reviewed in accordance with the feedback given from the survey week, - To continue to promote the coach education programme ensure all staff have the opportunity to further their careers, - To continue to offer the Apprentice Scheme and promote this as an opportunity at the Club, - To continue to promote staff opportunities within the Club for team leadership and coach support, - To regularly review and update the session programmes for all Junior gymnasts, Page 1 **WICKERS GYMNASTICS LTD** **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2025** ## **STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document** The organisation is a charitable company limited by guarantee, incorporated on 15 June 2009 and registered as a charity on 24 January 2011. The company was established under a Memorandum of Association which established the objects and powers of the company, and is governed under its Articles of Association. ## **Recruitment, appointment and training of new trustees** The directors of the company are also charity trustees under charity law. Under the requirements of the Articles of Association, one third of the directors are required to retire annually by rotation. Further directors may be appointed by the existing board. Upon appointment new trustees follow a policy of induction which involves awareness of a trustee's responsibilities, the charity's governing document, its administrative procedures, and the history and philosophical approach of the charity. They also receive copies of the previous year's annual report and accounts and a copy of any guidance from the Charity Commission. Further training may be provided, if required. None of the Trustees has any beneficial interest in the company. All of the Trustees are members of the company and guarantee to contribute an amount not exceeding £10 in the event of a winding up. The Trustees' report was approved by the Board of Trustees. ## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number** 06934613 (England and Wales) **Registered Charity number** 1139993 ## **Registered office** 15 West Street Brighton East Sussex BN1 2RL ## **Trustees** J E Crouch A D Crouch G Hodgson E V Roberts K L Sawyer J Sharp M S Wren M Farrell ## **Company Secretary** K L Hodgson ## **Independent Examiner** Galloways Accounting Limited 15 West Street Brighton East Sussex BN1 2RL Approved by order of the board of trustees on 18 March 2026 and signed on its behalf by: G Hodgson - Trustee Page 2 **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF WICKERS GYMNASTICS LTD** ## **Independent examiner's report to the trustees of Wickers Gymnastics Ltd ('the Company')** I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 June 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 Institute of Chartered Accountants in England and Wales, 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: 1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or 3. 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 4. 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. C S Young BA FCA Galloways Accounting Limited 15 West Street Brighton East Sussex BN1 2RL 24 March 2026 Page 3 ## **WICKERS GYMNASTICS LTD** ## **STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 30 JUNE 2025** |**Unrestricted**
**funds**
**Notes**
**£**
**INCOME AND ENDOWMENTS FROM**
**Charitable activities**
2
Gymnastics coaching
**678,321**
Other income
**6,510**
**Total**
**684,831**
**EXPENDITURE ON**
Raising funds
3
**4,360**
**Charitable activities**
4
Gymnastics coaching
**632,344**
**Total**
**636,704**
**NET INCOME**
**48,127**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**294,372**
**TOTAL FUNDS CARRIED FORWARD**
**342,499**|**Restricted**
**fund**
**£**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**2025**
**Total**
**funds**
**£**
**678,321**
**6,510**
**684,831**
**4,360**
**632,344**
**636,704**
**48,127**
**294,372**
**342,499**|**2024**
**Total**
**funds**
**£**
622,869
2,750| |---|---|---|---| ||||625,619| ||||1,305
594,103| ||||595,408| ||||30,211
264,161| ||||294,372| The notes form part of these financial statements Page 4 ## **WICKERS GYMNASTICS LTD** ## **BALANCE SHEET 30 JUNE 2025** |**Unrestricted**
**funds**
**Notes**
**£**
**FIXED ASSETS**
Tangible assets
10
**47,662**
**CURRENT ASSETS**
Debtors
11
**3,939**
Cash at bank and in hand
**338,123**
**342,062**
**CREDITORS**
Amounts falling due within one year
12
**(18,548)**
**NET CURRENT ASSETS**
**323,514**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**371,176**
**PROVISIONS FOR LIABILITIES**
14
**(28,677)**
**NET ASSETS**
**342,499**
**FUNDS**
15
Unrestricted funds
**TOTAL FUNDS**|**Restricted**
**fund**
**£**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**2025**
**Total**
**funds**
**£**
**47,662**
**3,939**
**338,123**
**342,062**
**(18,548)**
**323,514**
**371,176**
**(28,677)**
**342,499**
**342,499**
**342,499**|**2024**
**Total**
**funds**
**£**
57,622
39
274,598
274,637
(9,210)
265,427
323,049
(28,677)
294,372
294,372
294,372| |---|---|---|---| The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025. The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 in accordance with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for - (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and - (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. 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 18 March 2026 and were signed on its behalf by: G Hodgson - Trustee The notes form part of these financial statements Page 5 ## **WICKERS GYMNASTICS LTD** ## **CASH FLOW STATEMENT FOR THE YEAR ENDED 30 JUNE 2025** |**Notes**
**Cash flows from operating activities**
Cash generated from operations
1
Net cash provided by operating activities
**Cash flows from investing activities**
Purchase of tangible fixed assets
Net cash used in investing activities
**Cash flows from financing activities**
Loan repayments in year
Net cash provided by/(used in) financing activities
**Change in cash and cash equivalents in**
**the reporting period**
**Cash and cash equivalents at the**
**beginning of the reporting period**
**Cash and cash equivalents at the end of**
**the reporting period**|**2025**
**£**
**68,900**
**68,900**
**(5,375) **
**(5,375)**
**-**
**-**
**63,525**
**274,598**
**338,123**|**2024**
**£**
79,515
79,515
(24,866)
(24,866)
(36,459)
(36,459)
18,190
256,408
274,598| |---|---|---| The notes form part of these financial statements Page 6 **WICKERS GYMNASTICS LTD** ## **NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 30 JUNE 2025** |**1.**
**RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES**
**2025**
**£**
**Net income for the reporting period (as per the Statement of Financial**
**Activities)**
**48,127**
**Adjustments for:**
Depreciation charges
**15,335**
Dilapidations
**-**
(Increase)/decrease in debtors
**(3,900)**
Increase in creditors
**9,338**
**Net cash provided by operations**
**68,900**|**2024**
**£**
30,211
15,583
28,677
243
4,801| |---|---| ||79,515| ## **2. ANALYSIS OF CHANGES IN NET FUNDS** ||**At 1/7/24**|**Cash flow**|**At 30/6/25**| |---|---|---|---| ||**£**|**£**|**£**| |**Net cash**|||| |Cash at bank and in hand|**274,598**|**63,525**|**338,123**| ||**274,598**|**63,525**|**338,123**| |**Total**|**274,598**|**63,525**|**338,123**| The notes form part of these financial statements Page 7 **WICKERS GYMNASTICS LTD** **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025** ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** 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. The financial statements have been prepared under the historical cost convention. Wickers Gymnastics Limited is a limited-by-guarantee company incorporated in England and Wales. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity.The address of the registered office is given in the Trustees' Report of these financial statements. The financial statements are presented in sterling (£). ## **Income** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. ## **Gymnastic fees and sponsorships:** Fees income is raised in advance of sessions and is recognised upon the raising of the invoice. Sponsorship is recognised once the charity has been notified of the income, unless performance conditions require deferral of the amount. ## **Government grants:** 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. ## **Donations and gift aid:** Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. ## **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. All expenditure is accounted for on an accruals basis and includes irrecoverable VAT. ## **Allocation and apportionment of costs:** Support costs comprise administrative costs in support of the charity's charitable activities as well as the costs of governance. Governance costs include the preparation and independent examination of the statutory financial statements, the cost of trustees' meetings and any legal advice to trustees on governance or constitutional matters. Support and governance costs have been allocated wholly against the charity's main activity of gymnastics coaching. ## **Tangible fixed assets** Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. - Fixtures, fittings & equipment - 25% on reducing balance Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended. ## **Taxation** The charity is exempt from corporation tax on its charitable activities. Page 8 continued... **WICKERS GYMNASTICS LTD** **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2025** ## **1. ACCOUNTING POLICIES - continued** ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ## **Hire purchase and leasing 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. ## **2. INCOME FROM CHARITABLE ACTIVITIES** |**2025**
**Activity**
**£**
Fees and sponsorships
Gymnastics coaching
**662,811**
Hire of facilities
Gymnastics coaching
**15,510**
**678,321**
**3.**
**RAISING FUNDS**
**Raising donations and legacies**
**2025**
**£**
Events and fundraising
**4,360**
**4.**
**CHARITABLE ACTIVITIES COSTS**
**Support**
**Direct**
**costs (see**
**Costs**
**note 5)**
**£**
**£**
Gymnastics coaching
**600,126**
**32,218**
**5.**
**SUPPORT COSTS**
**Governance**
**Management**
**costs**
**£**
**£**
Gymnastics coaching
**26,428**
**5,790**||**2024**
**£**
611,394
11,475| |---|---|---| |||622,869| |||**2024**
**£**
1,305
**Totals**
**£**
**632,344**| |||**Totals**
**£**
**32,218**| Page 9 continued... **WICKERS GYMNASTICS LTD** **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2025** ## **6. NET INCOME/(EXPENDITURE)** Net income/(expenditure) is stated after charging/(crediting): |Depreciation - owned assets
Other operating leases
Independent examiner's remuneration - independent examination
Independent examiner's remuneration - other services|**2025**
**£**
**15,335**
**135,838**
**2,400**
**3,390**|**2024**
**£**
15,582
103,533
2,070
3,828| |---|---|---| ## **7. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 30 June 2025 nor for the year ended 30 June 2024. ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 30 June 2025 nor for the year ended 30 June 2024. ## **8. STAFF COSTS** |Wages and salaries
Social security costs
Other pension costs
The average monthly number of employees during the year was as follows:
Coaches and support staff
No employees received emoluments in excess of £60,000.||**2025**
**£**
**357,421**
**18,505**
**6,028**
**381,954 **
**2025**
**25**||**2024**
**£**
310,439
15,259
4,906| |---|---|---|---|---| |||||330,604| |||||**2024**
22| ## **9.** ## **COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES** |**Unrestricted**
**funds**
**£**
**INCOME AND ENDOWMENTS FROM**
**Charitable activities**
Gymnastics coaching
622,869
Other income
2,750
**Total**
625,619
**EXPENDITURE ON**
Raising funds
1,305
**Charitable activities**
Gymnastics coaching
594,103
**Total**
595,408
**NET INCOME**
30,211|**Restricted**
**fund**
**£**
-
-
-
-
-
-
-|**Total**
**funds**
**£**
622,869
2,750| |---|---|---| |||625,619| |||1,305
594,103| |||595,408| |||30,211| Page 10 continued... **WICKERS GYMNASTICS LTD** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2025** |**9.**
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**
**Unrestricted**
**funds**
**£**
**RECONCILIATION OF FUNDS**
Total funds brought forward
264,161
**TOTAL FUNDS CARRIED FORWARD**
294,372
**10.**
**TANGIBLE FIXED ASSETS**
**COST**
At 1 July 2024
Additions
At 30 June 2025
**DEPRECIATION**
At 1 July 2024
Charge for year
At 30 June 2025
**NET BOOK VALUE**
At 30 June 2025
At 30 June 2024
**11.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Other debtors
Prepayments and accrued income
**12.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Social security and other taxes
Other creditors
Accruals and deferred income|
**Restricted**
**Total**
**fund**
**funds**
**£**
**£**
-
264,161
-
294,372
**Fixtures,**
**fittings**
**& equipmen**
**£**
**192,103**
**5,375**
**197,478**
**134,481**
**15,335**
**149,816**
**47,662**
57,622
**2025**
**2024**
**£**
**£**
**39**
39
**3,900**
-
**3,939**
39
**2025**
**2024**
**£**
**£**
**4,202**
-
**1,159**
-
**13,187**
9,210
**18,548**
9,210| |---|---| Page 11 continued... **WICKERS GYMNASTICS LTD** **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2025** ## **13. LEASING AGREEMENTS** Minimum lease payments under non-cancellable operating leases fall due as follows: |Within one year
Between one and five years
**14.**
**PROVISIONS FOR LIABILITIES**
Dilapidation provision|**2025**
**£**
**113,880**
**237,250**
**351,130**
**2025**
**£**
**28,677**|**2024**
**£**
113,880
351,130
465,010
**2024**
**£**
28,677| |---|---|---| |||| In line with the current terms of the lease of Units 9 & 10, at the end of the lease term the units must be restored to their original condition. ## **15. MOVEMENT IN FUNDS** |**MOVEMENT IN FUNDS**||||| |---|---|---|---|---| |||**Net**|**Transfers**|| |||**movement**|**between**|**At**| ||**At 1/7/24**|**in funds**|**funds**|**30/6/25**| ||**£**|**£**|**£**|**£**| |**Unrestricted funds**||||| |General fund|**236,750**|**48,127**|**9,960**|**294,837**| |Designated funds|**57,622**|**-**|**(9,960)**|**47,662**| ||**294,372**|**48,127**|**-**|**342,499**| |**TOTAL FUNDS**|**294,372**|**48,127**|**-**|**342,499**| |Net movement in funds, included in the above are as follows:||||| |||**Incoming**|**Resources**|**Movement**| |||**resources**|**expended**|**in funds**| |||**£**|**£**|**£**| |**Unrestricted funds**||||| |General fund||**684,831**|**(636,704)**|**48,127**| |**TOTAL FUNDS**||**684,831**|**(636,704)**|**48,127**| Net movement in funds, included in the above are as follows: ## **Comparatives for movement in funds** |**Unrestricted funds**
General fund
Designated funds
**TOTAL FUNDS**|**Net**
**movement**
**At 1/7/23**
**in funds**
**£**
**£**
215,822
30,211
48,339
-
264,161
30,211
264,161
30,211|**Transfers**
**between**
**funds**
**£**
(9,283)
9,283
-
-|**At**
**30/6/24**
**£**
236,750
57,622
294,372
294,372| |---|---|---|---| Page 12 continued... **WICKERS GYMNASTICS LTD** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2025** ## **15. MOVEMENT IN FUNDS - continued** Comparative net movement in funds, included in the above are as follows: |**Unrestricted funds**
General fund
**TOTAL FUNDS**|**Incoming**
**Resources**
**Movement**
**resources**
**expended**
**in funds**
**£**
**£**
**£**
625,619
(595,408)
30,211
625,619
(595,408)
30,211| |---|---| A current year 12 months and prior year 12 months combined position is as follows: |**Unrestricted funds**
General fund
Designated funds
**TOTAL FUNDS**|**Net**
**movement**
**At 1/7/23**
**in funds**
**£**
**£**
215,822
78,338
48,339
-
264,161
78,338
264,161
78,338|**Transfers**
**between**
**funds**
**£**
677
(677)
-
-|**At**
**30/6/25**
**£**
294,837
47,662
342,499
342,499| |---|---|---|---| A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: ||**Incoming**|**Resources**|**Movement**| |---|---|---|---| ||**resources**|**expended**|**in funds**| ||**£**|**£**|**£**| |**Unrestricted funds**|||| |General fund|1,310,450|(1,232,112)|78,338| |**TOTAL FUNDS**|1,310,450|(1,232,112)|78,338| The designated fund represents fixed assets which are used in the course of carrying out the charity's objects and, as such, they are not readily realisable. The transfer in the year represents the movements in the carried forward balance of fixed assets, taking into account additions, disposals and depreciation. ## **16. RELATED PARTY DISCLOSURES** ## **Transactions with related parties:** During the year the charity entered into the following transactions with related parties: The adult children of four of the Trustees' were employed by the charity during the year. They were paid at the market rate and their gross wages totalled £100,684 (2024: £92,462), reimbursed expenses were also made to these parties totalling £4,015 (2024: £2,496) One of these employees was the CEO and Key Management Personnel. Page 13 ## **WICKERS GYMNASTICS LTD** ## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2025** |**INCOME AND ENDOWMENTS**
**Charitable activities**
Fees and sponsorships
Hire of facilities
**Other income**
Other interest income
**Total incoming resources**
**EXPENDITURE**
**Raising donations and legacies**
Events and fundraising
**Charitable activities**
Wages
Social security
Pensions
Rent and rates
Insurance
Light and heat
Advertising
BG membership
Coach education
Competition expenses
Clothing, badges and certificates
Staff training
Travelling
Cleaning
Repairs and maintenance
Entertainment
Hire of equipment
Minor gym equipment
Sponsorships and donations
Holiday camp activities
**Support costs**
**Management**
Printing, postage and stationery
Telephone and internet
Subscriptions
Bank loan interest
Legal and professional
Bank charges
Sundry expenses
Computer running costs
Fixtures, fittings & equipment depreciation|**2025**
**£**
**662,811**
**15,510**
**678,321**
**6,510**
**684,831**
**4,360**
**357,421**
**18,505**
**6,028**
**135,838**
**1,977**
**9,399**
**4,535**
**6,477**
**2,549**
**11,683**
**11,678**
**2,448**
**2,764**
**17,992**
**3,717**
**583**
**820**
**2,879**
**1,150**
**1,683**
**600,126**
**2,368**
**928**
**3,296**
**-**
**2,445**
**149**
**1,701**
**206**
**15,335**
**26,428**|**2024**
**£**
611,394
11,475
622,869
2,750
625,619
1,305
310,439
15,259
4,906
103,533
1,638
12,600
4,745
3,929
2,815
9,502
8,553
163
3,691
15,772
4,092
372
1,360
3,469
1,000
990
508,828
2,581
868
1,059
570
27,529
83
1,976
451
15,583
50,700| |---|---|---| This page does not form part of the statutory financial statements Page 14 **WICKERS GYMNASTICS LTD** ## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2025** |**Management**
**Other**
Dilapidations
**Governance costs**
Accountancy fees
Independent examination
Total resources expended
**Net income**|**2025**
**£**
**-**
**3,390**
**2,400**
**5,790**
**636,704**
**48,127**|**2024**
**£**
28,677
3,828
2,070
5,898
595,408
30,211| |---|---|---| This page does not form part of the statutory financial statements Page 15