OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2021-12-31-accounts

Amplitude Gymnas0cs Club

Report and Accounts

For the year ended 31[st ] December 2021.

Amplitude Gymnas0cs Club

Legal and Administra0ve Informa0on December 2021

Trustees: Natasha Gayral Asha Choolhun Correspondence Address 101 Olive Road London E13 9PU Repor0ng Accountant/ Independent examiner Brian Dexter 172 Sandford Road East Ham London E6 3PX Structure Charitable Incorporated Organisa0on CE000334 Registered with Charity Commission on 8[th] April 2013 With registra0on number 1151558

1 | P a g e

Amplitude Gymnas0cs Club

Trustees’ Report 2021

The trustees of Amplitude Gymnastics Club present their annual report and accounts for the year ended 31 December 2021 and confirm they comply with the requirements of the Charities Act and the Charities SORP.

Our Objectives

As set out in the club’s constitution of 15 March 2013, Amplitude Gymnastics Club has three objectives.

In setting our objectives and planning our activities, our Trustees have given careful consideration to the Charity Commission’s general guidance on public benefit.

Amplitude Gymnastics Club was registered as a Charitable Incorporated Organisation on April 8 2013. The club has continued to grow upon its previous success and continues to meet its objectives as set out in its Constitution.

The initial board of trustees was appointed at the time of Amplitude’s incorporation. The board includes:

The Trust continues to run with the same Trustees.

All trustees give of their time freely and no remuneration or expenses were paid for the services of the trustees during the year. One of our trustees is the coaching co-ordinator for the club and is paid for these services. The remaining trustees have a documented policy on the payment of coaches and satisfied that the payments to the coaching co-ordinator met all of the conditions of the Charities Commission. In particular:

2 | P a g e

A Review of 2021

During 2021, post Covid, Amplitude Gymnastics Club reopened and resumed its activities. The club continued, in its best capacity, to fulfil its objectives by providing numerous sessions including:

All sessions provided by Amplitude coaches catered to a wide variety of children within the borough of Newham as well as the neighbouring borough of Redbridge, with classes targeting children (including those with special educational needs & development) between the age ranges of 3 – 15 years.

The club’s Extra Curricular sessions, running independently from our host school, had approximately 200 children attending each week. Despite 2021 being a partial, as well as, post Covid year, this is an increase compared to 2020, showing progression and growth, as well as the continuing accessibility to and importance of the club for the children and families within Newham and Redbridge, post Covid pandemic.

THE COMMUNITY WITH AMPLITUDE

Delivery of Amplitude Gymnastics Club @ Curwen

Curwen Primary School remains one of the host venues for Amplitude Gymnastics Club’s sessions. In 2021, Amplitude catered to approximately 120 gymnasts at this venue, providing training sessions 3 times a week, running in line with the Newham school calendar. The introduction of increased training times, put in place during 2020 and early 2021, to ensure the club’s capability to operate inclusive of COVID 19 restrictions and guidelines, is a revision that has remained post Covid. The increase of training times from 2 – 3 hours per session, has remained, as intended, a permanent change throughout 2021 in order to facilitate club growth and expansion post COVID 19.

Delivery of Amplitude Gymnastics Club @ The Jack Carter Center (Frenford Clubs)

Amplitude Gymnastics Club continued to solidify its presence as the sole permanent provider of gymnastics classes at our Frenford Venue throughout 2021. Previously catering for approximately 35 children a week in 2020, Amplitude was able to reach approximately 80 gymnasts per week throughout 2021, displaying that despite it being a post covid year, the club continued to significantly grow and expand on the gymnastics provisions it provided to children in the borough of Redbridge.

3 | P a g e

The club was also able to offer one weekly SEND lesson, increasing the inclusivity and accessibility of the lessons available. It was an intention of the club in 2021 to be able to offer multiple lessons per week of SEND gymnastics, as well as lessons tailored to homeschooled children, in the aim to continue to reach more minority grouped children within Redbridge and the surrounding boroughs, however, this would require an extension in the clubs running hours, something which due to hall unavailability at our Frenford Venue, Amplitude was unable to expand further this year.

Delivery of Holiday Camps

Due to remaining post Covid restrictions in place throughout 2021, Amplitude were unable to deliver collaborative holiday club camps with Curwen Primary School, nor host any of our own independent holiday schemes until the late summer.

However, as of July/August 2021 the club was able to successfully host five independent Summer Holiday Camp Days at our Curwen Primary School venue. The five camp days together had a total of 167 bookings, a large uptake in a post Covid year, a success for the club.

Competitions

Winter Wonderland (External) – Amplitude entered 10 gymnasts into the Winter Wonderland interclub competition in December 2021. However, due to the loss of two members of the coaching team as a result of the Covid pandemic year, the club was left short staffed and unable to enter as intended.

Summer & Winter Club Competitions 2020 (Internal) – Amplitude was able to host two competitions in 2021, both a summer and winter internal competition, involving a total of 117 children across both competitions with children from both our Curwen & Frenford venues. This is a decline in the number of competition attendees prior to Covid 19, however, this is an unfortunate, expected outcome post Covid.

Delivery of Amplitude Gymnastics Club @ Keir Hardie Venue

Due to a shortage in coaches, a direct result of the Covid pandemic, Amplitude was unfortunately unable to resume back at our Keir Hardie venue, and due to such, no longer offer parent and toddler gymnastics sessions or carnival inspired dance workshops.

SCHOOLS WITH AMPLITUDE

Delivery of Schools Program – The Curriculum programme provided by Amplitude Gymnastics Club, where by Amplitude coaches deliver gymnastics lessons as part of a regular PE curriculum continued to run in 2021, initially at a limited capacity due to COVID 19 restrictions in place, only supporting two schools within Newham. Due to such restrictions upon schools accepting external

4 | P a g e

contractors, and the temporary reduction in the number of schools being worked with, the club regrettably no longer required the role of “schools coordinator”.

However, by March 21, Amplitude’s delivery of its schools programme was no longer restricted, working again with a total of 8 partner schools within Newham. While this is a reduction from the 11 schools worked with prior to Covid 19, this is again an unfortunate result of the pandemic.

Delivery of Schools Competitions - Due to certain COVID 19 limitations remaining in place still throughout 2021, Amplitude was not able to host any inter school competitions.

CLUB DEVELOPMENT

Fundraising: Amplitude began a fundraising campaign to acquire the funds to buy a new Vaulting Table. For this we created a Go Fund Me page, to which we encouraged donations from our Amplitude parents and families as well as the general public.

A new piece of equipment such as a Gymnova Vaulting Table would allow coaches to develop the gymnasts attending the club to a much better standard, allowing the gymnasts to achieve higher level skills and have access to a better quality of coaching and training, thus developing and expanding the coaching knowledge and level within the club.

PLANS FOR 2022:

While there is still a level of uncertainty for the future ahead due to COVID 19, Amplitude Gymnastics has never the less achieved its aims for the year 2021, and has almost returned back to full working capacity successfully. Our aims as a club for 2022 is to continue to work unrestrictedly, and maintain the growth of the club within both Newham and Redbridge.

We aim to bring interconnectivity back to the communities in which we work by hosting several inter school competitions, community events and partaking in several fundraising opportunities.

We aim to continue reaching as many children as possible within our boroughs, and to make gymnastics even more accessible to both SEND & homeschooled children by being able to offer more specifically tailored classes.

We also aim to officially set up our “Amplitude Leadership Academy” , a project which will involve young leaders within our club partaking in several different voluntary roles and activities, in a bid to inspire and develop the next generation of coaches & judges, a programme which when established, will hugely increase the sustainability and longevity of Amplitude as a club.

Risk

5 | P a g e

The trustees have given due consideration to the major risks to which the charity is exposed, and are satisfied that systems, policies and procedures are in place to mitigate expose to major risks.

Reserves

The trustees acknowledge the need to keep reserves in order to be able to financially manage unexpected events, such as Covid pandemic, and to be able to respond to new opportunities. The trustees seek to hold three months of operating costs in free reserves; based on the current year required free reserves total £9,000. Currently held free reserves are £, calculated as Total reserves £ less restricted reserves (£nil) less reseves held in Fixed Assets (£) and the trustees are satisfied with progress towards the target level in the current pandemic situation

Financial Review/Going Concern

The Charity's financial transactions during the year and the financial situation at the end of the year are set out in the following accounts. The trustees have plans to address the limited level of reserves and are confident that they will be able to continue operations for the foreseeable future.

Natasha Gayral

Date 25[th] October 2022

6 | P a g e

Amplitude Gymnas0cs Club

Independent Examiner’s Report

To the Trustees.

I report on the accounts of the CIO for the year ended 31[st] December 2021, which are set out in the following pages.

Respec(ve responsibili(es of trustees and examiner

The trustees are responsible for the prepara0on of the accounts. The trustees consider that an audit is not required for this year under sec0on 144(2) of the Chari0es Act 2011, “the 2011 Act”, and that an independent examina0on is needed.

Having sa0sfied myself that the charity is not subject to audit under company law and is eligible for independent examina0on, it is my responsibility to:

Basis of independent examiner’s report

My examina0on was carried out in accordance with the general Direc0ons given by the Charity Commission. An examina0on includes a review of the accoun0ng records kept by the charity and a comparison of the accounts presented with those records. It also includes considera0on of any unusual items or disclosures in the accounts, and seeking explana0on s from you the trustees concerning any such macers. 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 macers set out in the statement below.

Independent examiner’s statement

In connec0on with my examina0on, no macer has come to my acen0on:

have not been met; or

BJ Dexter

Brian Dexter

Chartered Management Accountant 172 Sandford Road

East Ham

London

E6 3PX Dated...........25/10/2022

7 | P a g e

81 Page

Amplitude Gymnas0cs Club

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 DECEMBER 2021

Unrestricted
Income and Endowments from:
Dona0ons and legacies
Charitable Ac0vi0es
Other Trading Ac0vi0es
Investments
Total Incoming Resources
Expenditure On:
Raising Funds
Charitable ac(vi(es
Coaching and Training ac0vi0es
Total charitable expenditure
Other costs
Total resources expended
Net expenditure for the year/
Net movement in funds
Fund balances 1stJanuary 2021
Fund balances 31st December 2021		 Restricted
Funds
£ 0
£ 61,988
£ 0
£ 0
£ 61,988
£ 0
£ 45,541
£ 45,541
£ 100
£ 45,641
£ 16,347
£ 13,029
£ 29,376		 Total
Funds
£ 0
£ 0
£ 0
£ 0
£ 0
£ 0
£ 0
£ 0
£ 0
£ 0
£ 0
£ 0
£ 0		 Total
2021
£ 0
£ 61,988
£ 0
£ 0
£ 61,988
£ 0
£45,541
£45,541
£ 100
£45,641
£ 16,347
£ 13,029
£ 29,376		 2020
£ 0
£ 35,393
£ 0
£ 0

£ 35,393
£ 0
£ 35,720
£ 35,720
£ 100
£ 35,820
£ (427)
£ 13,456
£ 13,029

This statement of financial ac0vi0es also complies with the requirements for an income and expenditure account under the Companies Act 2006.

Amplitude Gymnas0cs Club

9 | P a g e

BALANCE SHEET

AS AT 31 DECEMBER 2021

2021
Fixed Assets
Tangible Fixed Assets
Current Assets
Debtors
Cash at bank or in hand
Creditors: amounts due within
One year
Net Current Assets
Creditors: amounts falling due aWer
more than one year.
Net Assets
Income Funds
Restricted Funds
General Funds
Total Funds		 £ 0
£ 22,616		 2020
£ 8,059

£ 22,616
£ 1.300
£ 21,316
£ 0
£ 29,375
£ 0
£ 29,375
£ 29,375		 £ 10,166

£ 0
£ 3,063
£ 3,063
£ 200
£ 2,863
£ 0
£ 13,029

£ 0
£ 13,029

£ 13,029

The accounts were approved by the Trustees on..

And signed on their behalf by ......Natasha Gayral Date 25/10/2022 Trustee.

10 | P a g e

Amplitude Gymnas0cs Club

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31st December 2021.

  1. Accoun0ng Policies

  2. a. Basis of prepara0on

    • The accounts have been prepared on a cash basis. The accounts have been prepared in accordance with applicable accoun0ng standards, the Statement of Recommended Prac0ce: Accoun0ng and Repor0ng by Chari0es issued March 2005 and updated May 2008, and the Companies Act 2006.

  3. b. Incoming Resources Incoming resources are credited in the accounts when they are received, except that income tax recoverable on Gil Aid dona0ons is credited at the same 0me as the related dona0on.

  4. c. Resources expended Liabili0es are recognised in the accounts at the 0me when a commitment to make payment is incurred.

d. Tangible fixed assets and deprecia0on Tangible fixed assets are stated at cost less deprecia0on. Deprecia0on is provided at rates calculated to write off the costs less es0mated residual value of each asset over its expected useful life, as follows:

Gymnas0cs Equipment 10% p.a on cost Office Equipment and Furniture 20% p.a on cost.

  1. Incoming resources from charitable ac0vi0es
Unrestricted Restricted
Total
2020
Grants and Fees £ 20,766 £ 0 £ 20,766 £ 20,766
Subscrip0ons £ 14,627 £ 0 £ 14,627 £ 14,627
Total £ 35,393 £ 0 £ 35,393 £ 35,393
  1. Trustees

One Trustee received payment for professional gymnas0cs training services.

11 | P a g e

Amplitude Gymnas0cs Club

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31st December 2021.

4. Other Costs

Other costs include accountancy and independent examina0on fees £100

5. Employees

The average monthly number of employees during the year was nil. The employment costs for the year were: Wages and Salaries, nil, pension costs, nil.

6.
7.
8.
9.		 Tangible Fixed Assets
Ofce Equipment
Gym Equipment
Total
Cost
As at 1stJanuary 2021
£ 2,290
£ 19,593
£ 21,883
Addi0ons
£ 0
£ 0 £ 0
Disposals
£ 0
£ 0
£ 0
As at 31stDecember 2021
£ 2,290
£ 19,593
£ 21,883
Accumulated Deprecia(on
As at 1stJanuary 2021
£ 2,142
£ 9,575
£ 11,717
Charge for year
£ 148
£ 1,959
£ 2,107
On disposals
£ 0
£ 0
£ 0
As at 31stDecember 2021
£ 2,290
£ 11,534
£ 13,824
Net Book Value
As at 31stDecember 2021
£ 0
£ 8,059
£ 8,059
As at 31stDecember 2020
£ 148
£ 10,018
£ 10,166
Debtors
2021
2020
Gil Aid Recoverable
£ 0
£ 0
Creditors: amounts falling due within one year
2021
2020
Accountancy Fee
£ 200
£ 200
Capital commitments
At 31stDecember 2021 the Charity had no capital commitments.

12 | P a g e