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||||Page||
|---|---|---|---|---|
|Report ofthe Trustees||1|to|3|
|Independent
Examiner's|Report||||
|Statement of Financial|Activities||||
|Balance Sheet||6|to|7|
|Notes to the Financial Statements||8|to|13|
|Detailed Statement of Financial Activities||14|to|15|
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||||||2022|2021||
|---|---|---|---|---|---|---|---|
||||||Unrestricted|Total||
||||||fund|funds||
|||||Notes||F||
|INCOME AND ENDOWMENTS|||FROM|||||
|Donations
and legacies||||||11,500||
|Charitable
activities||||||||
|Gymnastics|||||214,622|89,105||
|Other income|||||2,271|95,818||
|Total|||||216,893|196,423||
|EXPENDITURE ON||||||||
|Raising funds||||||||
|Charitable
activities||||||||
|Gymnastics|||||226,573|197,912||
|Total|||||226,573|197,912||
|NET INCOME/(EXPENDITURE)|||||(9,680)|I1,489)||
||||||||I|
|RECONCILIATION|OF FUNDS|||||||
|Total funds brought||forward|||(16,416)|(14,927)||
|TOTAL FUNDS CARRIED FORWARD|||||(26,096)|(16,416)||
##
|BALANCE SHEET
30JUNE 2022|||||
|---|---|---|---|---|
||||2022|2021|
||||Unrestricted|Total|
||||fund|funds|
||Notes|||E|
|FIXEDASSETS|||||
|Tangible assets|||4,891|6,221|
|CURRENT ASSETS|||||
|Stocks|||500|500|
|Debtors|||12,760|4,072|
|Cash at bank|||304|11,190|
||||13,564|15,762|
|CREDITORS|||||
|Amounts
falling due within one year|||(25,342)|(16,392)|
|NET CURRENT ASSETS/(LIABILITIES)|||(11,778)|(630)|
|TOTAL ASSETS LESSCURRENT|||||
|LIABILITIES|||(6,887)|5,591|
|CREDITORS|||||
|Amounts
falling due after more than one|year|10|(19,209)|(22,007)|
|NET ASSETS|||(26,096)|(16,416)|
|FUNDS||12|||
|Unrestricted
funds|||(26,096)|(16,416)|
|TOTAL FUNDS|||(26,096)|(16,416)|
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||||2022|2021|
|---|---|---|---|---|
|||||F|
|Depreciation|-|owned assets|1,630|2,075|
|Other operating||leases|43,500|43,500|
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||2022|2021|
|---|---|---|
|Coaches|10|9|
|Administrator|1|1|
|||10|
##
|No employees
received emoluments
in excess off60,000.|
|---|
|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES|
|COMPARA|TIVES FOR THE ST|ATEMENT OF FINANCIAL ACT|IVITIES|
|---|---|---|---|
||||Unrestricted|
||||fund|
||||E|
|INCOME AND ENDOWMENTS||FROM||
|Donations|and legacies||11,500|
|Charitable|activities|||
|Gymnastics|||89,105|
|Other income|||95,818|
|Total|||196,423|
|EXPENDITURE ON||||
|Raising funds||||
|Charitable|activities|||
|Gymnastics|||197,912|
|Total|||197,912|
|NET INCOME/(EXPENDITURE)|||(1,489)|
|FOR|THE YEAR ENDED 30JUNE 2022|THE YEAR ENDED 30JUNE 2022|THE YEAR ENDED 30JUNE 2022|THE YEAR ENDED 30JUNE 2022||
|---|---|---|---|---|---|
|5.|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES -continued|||||
||||||Unrestricted|
||||||fund|
||RECONCILIATION|OF FUNDS||||
||Total funds brought||forward||(14,927)|
||TOTAL FUNDS CARRIED FORWARD||||(16,416)|
|6.|TANGIBLE FIXEDASSETS|||||
||||Fixtures|||
||||and|Computer||
||||fittings|equipment|Totals|
||||E|||
||COST|||||
||At 1 July 2021||37,189|5,511|42,700|
||Additions|||300|300|
||At 30June 2022||37,189|5,811|43,000|
||DEPRECIATION|||||
||At 1 July 2021||31,802|4,677|36,479|
||Charge for year||1,347|283|1,630|
||At 30June 2022||33,149|4,960|38,109|
||NET BOOK VALUE|||||
||At 30June 2022||4,040|851|4,891|
||At 30June 2021||5,387|834|6,221|
|7.|STOCKS|||||
|||||2022|2021|
||||||E|
||Stocks|||500||
||Clothing stock||||500|
|||||500|500|
##
|FOR|THE YEAR ENDED 30JU|NE 2022|NE 2022|||
|---|---|---|---|---|---|
|8.|DEBTORS:AMOUNTS|FALLING DUE WITHIN ONE YEAR||||
|||||2022|2021|
||||||F|
||Trade debtors|||1,117|2,256|
||Other debtors|||11,184||
||Prepayments|||459|1,816|
|||||12,760|4,072|
|9.|CREDITORS: AMOUNTS||FALLING DUE WITHIN ONE YEAR|||
|||||2022|2021|
||||||E|
||Bank loans and overdrafts||(see note 11)|16,288|2,765|
||Trade creditors|||2,026|305|
||Social security and other|taxes||3,568|422|
||Other creditors||||9,600|
||Accrued expenses|||3,460|3,300|
|||||25,342|16,392|
|10.|CREDITORS: AMOUNTS||FALLING DUE AFTER MORE THAN ONE YEAR|||
|||||2022|2021|
||||||F|
||Bank loans (see note 11)|||19,209|22,007|
|11.|LOANS|||||
||An analysis ofthe maturity||of loans is given below:|||
|||||2022|2021|
||||||E|
||Amounts
falling due within||one year on demand:|||
||Bank overdrafts|||13,507||
||Bank loans|||2,781|2,765|
|||||16,288|2,765|
||Amounts
falling between|one and two years:||||
||Bank loans - 1-2years|||19,209|22,007|
##
##
|MOVEM|ENT||IN FUNDS|||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||Net||
|||||||||||movement|At|
||||||||||At 1.7.21|in funds|30.6.22|
|||||||||||E|F|
|Unrestricted|||funds|||||||||
|General|fund||||||||(16,416)|(9,680)|(26,096)|
|TOTAL|FUNDS||||||||(16,416)|(9,680)|(26,096)|
|Net movement|||in funds,|included|||in|the above|are as follows:|||
||||||||||Incoming|Resources|Movement|
||||||||||resources|expended|in funds|
||||||||||E|E|E|
|Unrestricted|||funds|||||||||
|General|fund||||||||216,893|(226,573)|(9,680)|
|TOTAL|FUNDS||||||||216,893|(226,573)|(9,680)|
|Comparatives|||for movement|||in|funds|||||
|||||||||||Net||
|||||||||||movement|At|
||||||||||At 1.7.20|in funds|30.6.21|
||||||||||E|F||
|Unrestricted|||funds|||||||||
|General|fund||||||||(14,927)|(1,489)|(16,416)|
|TOTAL|FUNDS||||||||(14,927)|(1,489)|(16,416)|
|Comparative||net movement|||in|funds,||included|in the above are as follows:|||
||||||||||Incoming|Resources|Movement|
||||||||||resources|expended|in funds|
||||||||||E|F|E|
|Unrestricted|||funds|||||||||
|General|fund||||||||196,423|(197,912)|(1,489)|
|TOTAL|FUNDS||||||||196,423|(197,912)|(1,489)|
##
##
|||2022|2021|
|---|---|---|---|
||||E|
|INCOME AND ENDOWMENTS||||
|Donations
and legacies||||
|Donations|||11,500|
|Charitable
activities||||
|Class admissions|& membership|214,622|89,105|
|Other income||||
|Government
grants||2,271|95,818|
|Total incoming
resources||216,893|196,423|
|EXPENDITURE||||
|Other trading
activities||||
|Opening
stock||500|500|
|Closing stock||(500)|(500)|
|Charitable
activities||||
|Wages &coaching|fees|131,253|124,001|
|Social security||5,086|2,745|
|Pensions||2,357|1,863|
|Rent||43,500|43,500|
|Rates and water||4,863|1,176|
|Insurance||2,418|2,419|
|Light and heat||10,571|2,337|
|Telephone||1,780|1,747|
|Postage and stationery||2,152|1,178|
|Advertising||389|48|
|Sundries||2|142|
|Badges &certificates||763|486|
|Clothing||1,050||
|Competition
fees||2,017|157|
|Gifts &donations||864|50|
|Training||715|110|
|Cleaning||2,504|1,949|
|Entertainment||1,687|274|
|Travelling||3,613||
|Repairs
& maintenance||(8,510)|2,647|
|Trading costs|||875|
|Software||1,252|870|
|Fixtures and fittings||1,347|1,796|
|Computer
equipment||284|278|
|Bank loan interest||737|52|
|||212,694|190,700|
##
|DETAILED STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 30JUNE 2022|||
|---|---|---|
||2022|2021|
||E||
|Support costs|||
|Finance|||
|Bank charges|5,229|4,007|
|Governance costs|||
|Prior year accountancy||(7,086)|
|Accountancy|4,178|4,204|
|Bookkeeping|2,400|3,469|
|Subscription
s|2,072|2,618|
||8,650|3,205|
|Total resources expended|226,573|197,912|
|Net expenditure|(9,680)|(1,489)|