YORK Clfl GYMNASTICS FOUNDATION
REPORT AND FINANCIAL STATEMENTS
PERIOD ENDED 31 ST AUGUST 2020
Charit Commission Reference Number 1152515
WALTER DAWSON &SoN
CHARfERI.D AoiuuNTANT5 & STATUTORY AUDITOR
Lawrence House
James Nico150n Link
Clifton Moor
York
Y030 4WG

YORK CITY GYMNASTICS FOUNDATION
REPORT AND FINANCIAL STATEMENTS
Contents
Pa
Legal and Administrative Information
Statement of Trustees, Responsibilities
Report of the Trustees
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements
8- 14.

YORK CITY GYMNASTICS FOUNDATION
LEGAL AND ADMINISTR4TIVE INFORMATION
Chairman:
William Smithies
Treasurer:
David Nash
Trustees:
Richard Bryan Edwards
Mark Wild
Inde
endent Examiner:
Walter Daw50n & Son
Lawrence House
James Nicolson Link
Clifton Moor
York Y030 4WG
Bankers:
Lloyd5 Bank
2 Pavement
York
Y01 9UP
Re
istered Office:
St John's Walk
Heworth
York
North Yorkshire
Y031 7SX

YORK CITY GYMNASTICS FOUNDATION
STATEMENT OF TRUSTEE'S RESPONSIBILITIES
The charity trustees are responsible for preparing a trustees, report and financ7al statements in
accordance with applicable law and United Kingdom Accounting Standards including Financial
Reporting Standard 102: The Financial Reporting Standard applicable in the UK (United Kingdom
Generally Accepted Accounting Practicel.
The law applicable to charities in England and Wales requires the trustees to prepare financial
statements for each financial year which give a true and fair view of the state of affairs of the
charity and of the income and expenditure of the charity for that period. In preparing these
financial statements, the trustees are required to:
lal
select suitable accounting policies and then apply them con515tently;
Ibl
observe the methods and principles in the Charities SORP"
make judgements and estimates that are reasonable and prudent.
Idl
state whether applicable accounting standards have been followed, subject to any material
departures disclosed and explained in the financial statements; and
lel
prepare the financial statements on the going concern basis unless it is inappropriate to
presume that the charity will continue in business.
The trustees are responsible for ma?ntaining proper accounting records that disclose with
reasonable accuracy at any time the financial position of the charity and to enable them to ensure
that the financial statements comply with the Charities Act 2011, the Charity (Accounts and
Reports) Regulations 2008 and the provTsions of the trust deed. They are also responsible for
safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and
detection of fraud or other irregularities.

YORK CITY GYMNASTIC5 FOUNDATION
REPORT OF THE TRUSTEES
FOR THE PERIOD ENDED 31ST AUGUST 2020
The trustees present theTr annual report and the financial statement5 of the charity for the 17 month
period ended 31 st August 2020.
The financial statements have been prepared in accordance with the charitqs accounting policies and
the charity's trust deed, the Charities Act 2011 and Accounting and Reporting by Charitles: Statement
of Recommended Practice applicable to charit7es preparing thelr accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021.
1. Structure Governance and Mana
ement
The trustees are responsible for settTng the objectives and priorities for York City Gymna5tTCS
FoundatTon, the day to day running is overseen by the trustee5. The trustees are elected as requlred
by current trustees.
2. Ob'ectives and Activities
To provide facllities for recreation and other lelsure-tlme occupations lin particular laying out,
managingi equipping and malntaining facilitie5 fo gymnastlcsl In the interests of social welfare WTth
the aim of Improving the conditions of Ilfe for the inhabitant5 of York and ite environs and North
Yorkshire. The area of benefit 15 to advance education (including physical educatlonl throuqh the
provision of gymnastics and gymnastlC5 related activities. We aim to relieve those in need in
particular those caring for people with mentalandlor physlcal disabilities by providing facillties
which enable them to participate in gymnastic related activities.
When planning the actTVities for the year, the trustees have considered the Commission's guidance
on public benefit.
3. Achievements and Performance
Like many charities the foundation has been affected by the Pandemic which has resulted in the
8ymna5Tum hawng to close during nationwide lockdowns. There is still a Long waiting list of people
wish to become members and this is due to the quality of the facilitie5 and the range of activities
provided by the trustees, staff and volunteers.

YORK CITY GYMNASTICS FOUNDATION
REPORT OF THE TRUSTEES
FOR THE PERIOD ENDED 31ST AUGUST 2020
4. Financial Rewew
York City GymnastTCS Foundation has changed its financial year by extending the period from March
2020 to August 2020 giving a 17 month period of account. Unfortunately due to the world WTde
pandemic the founfation5 income has been badly affected by the lockdown rules that were
introduced by the government in March 2020.
5. Reserves Polic
York City Gymnastics FoundatTon has operated just one unrestricted reseNe over the past years.
This policy is reviewed on a regular basis and the need for specific reseNes is considered by the
trustees annually.
This report was approved and authorised for issue by the trustees on 27th May 2021 and signed on
their behalf by:
William Smithies
Chairman

INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES
OF YORK CITY GYMNASTICS FOUNDATION
I report to the trustees on my examination of the financial statements of the charity for the period
ended 31 st August 2020 which are set out on pages 6 to 14.
Res
onsibllities and Basis of Re
ort
As the trustees of the charity you are responsible for the preparation of the financial statements in
accordance wth the requirements of the Charities Act 2011 I'the Act.).
I report in respect of my exarnination of the charity's accounts carried out under Section 145 of the
201 l Act and in carrying out my examination I have followed all the applicable Directions given by
the Charity CommissTon under section 14515llbl of the 2011 Act.
Inde
endent Examinerfs Statement
I have completed my examination. I can confirm that no material matters have come to my
attention in connection with the examination giving me cause to believe that in any material
respect:
lal accounting records were not kept in respect of the charity required by Section 130 of the Act;
or
Ibl the financTal statements do not accord with those record5- or
Icl the financial statements do not comply WTth the applicable requirements concerning the form
and content of the flnancial statements set out in the Charities IAccounts and Reportsl Regulations
2008 other than any requirement that the financial statements give a 'true and fair view, which is
not a matter considered as part of an independent examination.
I have no concerns and have come acr055 no other matters in connection wth the exarnination to
which attention should be drawn in this report in order to enable a proper understanding of the
financial statements to be reached.
Graham AtkinsorTr FCA
WALTER DAWSON &
Chartered Accountants
Lawrence House
James Nicolson Link
Clifton Moor
York
Y030 4WG
27th Ma
2021

YORK CITY GYMNASTICS FOUNDATION
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE PERIOD ENDED 31ST AUGUST 2020
Unrestricted Restricted
Funds
Funds
Total
2020
Notes
Total
2019
INCOME AND ENDOWMENTS
FROM:
Donations and Legacies
Other Trading Activities
TOTAL INCOME AND
ENDOWMENTS
45,861
304,311
45,861
304,311
597
209,186
350,172
350,172
209,783
EXPENDITURE ON:
Other
TOTAL EXPENDITURE
387,879
387,879
387,879
387,879
265,129
265,129
NET INCOME/
EXPENDITURE
Transfers Between Funds
137,7071
137,7071
155,3461
NET INCOME/
EXPENDITURE
BEFORE OTHER RECOGNISED
GAINSI
L055ES
137,7071
137,7071
155,3461
NET MOVEMENTS IN FUNDS
{ 37,707}
137.7071
155,346}
RECONCILIATION OF FUNDS
Total Funds at 1 st April 2019
Total Funds at 31st Au8USt 2020
972,093
934,386
972,093
934,386
1,027,439
972,093
All Tncoming resources and resources expended derive from continuing activities.

YORK CITY GYMNAThCS FOUNDATION
BALANCE SHEET A5 AT 31ST AUGUST 2020
2020
2019
Notes
FIXED ASSETS
Tangible Assets
853,314
848,697
CURRENT ASSETS
Stock
Cash at Bank and in Hand
480
127,073
127,553
92,755
92,755
CREDITORS.. Amounts Falling
Due Within One Year
10
11,683
4,157
NET CURRENT ASSETS
81,072
123,396
TOTAL ASSETS LESS CURRENT
LIABILITIES
81,072
123,396
CREOITORS.. Amounts FallTng
Due After More Than One Year
81,072
123,396
The Funds of the Charity:
RESTRICTED INCOME FUNDS
14
UNRESTRICTED FUNDS
General Funds
Deslgnated Funds
14
14
934,386
972,093
934,386
934,386
972,093
972,093
The financial state
and signed
nts were approved and authorised for issue by the Trustees on 27th May 2021
beha
William Smithies (Chair of the Trustees)

YORK CITY GYMNASTICS FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
PERIOD ENDED 31ST AUGUST 2020
STATUTORY INFORNATION
York City Gymnastics FoundatTon TS a charity domiciled in England and Wales, registration
number 1152515. The principal place of business is St John's Walk, Heworth, York, North
Yorkshire, Y03175X.
2. COMPLIANCE WITH ACCOUNTING STANDARDS
The financial statements have been prepared in accordance with Accounting and Reporting by
Charities: Statement of Recommended Practice applicable to charities preparing their accounts
Tn accordance with the Financial Reportlng Standard applicable in the UK and Republic of Ireland
FRS 1021 and the Charities Act 2011.
3. ACCOUNTING POLICIES
The financial statements have been prepared under the historical cost convention.
The presentation currency is sterling.
The particular accounting policies adopted are as follows:
{al Donations Le
acie5 and Similar Incomln
Resources
Donations, legacies and similar incoming resources are included in the year in which they
are receivable, which is when the charity becomes entitled to the resource.
bl Grants Receivable and Local Authorit Fees
Grants receivable and local authority fees are credited to the Statement of Financial
ActTVities (SOFA) in the year for which they are received. Deferred income represents
amounts received for future period5 and is released to income resources in the pertod for
which it has been received.
Icl Investment Income and Rental Income
Income f rom investments and from rental income is included in the SOFA in the year in
whTch it ls receivable.
enditure
All expenditure is included on an annual basis and is recognised when there is a legal or
constructive obligatTon to pay for expenditure. All costs have been directly attributed to
one of the functional categories of resources expended in the SOFA. The charity is not
registered for VAT and accordingly expenditure is shown gross of irrecoverable VAT.

YORK CITY GYMNASTICS FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
PERIOD ENDED 31ST AUGUST 2020
3. ACCOUNTING POLICIES IcontTnued}
le} Tan
ible Fixed Assets
Depreciation is provided on a straight line or reducing balance basis over the expected
Useful live5 of each category of tangible fixed assets:
Plant and EquTpment
Motor Vehicles
10% per annum on written down value
25% per annum on written down value
The gymnasium is included in the accounts at fair value and is not depreaated.
If) St(xk
Stocks have been valued at the lower of cost and estimated selling price less costs to sell.
Igl Pension Costs
The charity operates a defined contribution pension scheme for the benefit of its
employees. Contributlons payable are recognised in the SOFA when due.
Tangible fixed assets acquired under finance leases or hire purchase contracts are
capitalised and depreciated in the Same manner as other tangible fixed assets. The
related obligatTons, net of future charges, are included in creditors.
Renta15 payable under operating leases are charged to the SOFA on a straight line basis
over the period of the leases. The benefits of lease incentive5 are recognised in the SOFA
over the lease period on a straight line basis.
Fund Accountin
Funds held by the charity are either-
Unrestricted generol funds - these are funds which can be used in accordance wth
the charitable objects at the dTscretion of the trustees.
Restricted funds - these are funds that can only be used for particular restricted
purpose5 Wlthin the objects of the charity. Restrictions arise when specified by the
donor or when funds are raised for particular restricted purposes.

YORK CITY GYMNASTICS FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
PERIOD ENDED 31ST AUGUST 2020
4. DONATIONS AND LEGACIES
Unrestricted Restricted
Funds
Funds
Total
2020
Total
2019
Donations
Covid Job Retention Grants
Sport5 Grants
2,411
33,450
10,000
2,411
33,450
10,000
597
45,861
45,861
597
5. OTHER TRADING ACTIVITIES
Unrestricted Restricted
Funds
Funds
Total
2020
Total
2019
Club Fees
s￿p}cafe Takings
Gymnasium Hire
Badge Sales etc.
274,980
14,019
11,441
3,871
274,980
14.019
11,441
3,871
190,158
11,866
4.533
2,629
304,311
304.311
209,186
10

YORK CITY GYMNASTICS FOUNDATION
NOTES TO THE FINANCIAL STATEMENT5
PERIOD ENDED 31ST AUGUST 2020
6. OTHER COSTS
Unrestricted Restricted
Funds
Funds
Total
2020
Total
2019
Purchase5
Coaching Expenses and Course Fees
Wages and Pension Premiums
Refunds of Class Fees
Rates and Waste disposal
Insurances
Light and Heat
Repairs and Renewals
Telephone and Internet Etc.
Printing, Stationery and advertising
Equipment Rental
Cleaning
Team Clothln8
Sundries
8,863
52,060
171,363
6,289
16,745
34,012
18,810
10,018
6,131
2,347
4,361
14,227
8,863
52.060
171.363
6,289
16,745
34,012
18,810
10,018
6,131
2,347
4, 361
14.227
7,999
35.283
104.193
2,655
14,507
26,826
14,073
4,266
4,740
2,862
3,155
11,274
1,550
2,592
3,806
5,184
2,529
17,635
927
3,755
9,581
2,341
26,049
927
3,755
9,581
2,341
26,049
Accountancy and Book.keeping
Legal and professional fees
Bank and Card Charges
Depreciation
387,879
387,879
265.129

YORK CITY GYMNASTICS FOUNDATION
NOTE5 TO THE FINANCIAL STATEMENTS
PERIOD ENDED 31ST AUGUST 2020
7. STAFF COSTS AND TRUSTEES, REMUNERATION
2020
2019
Wage5 and Salaries
Social Security Costs
Other Pension Costs
165,801
3,346
2,216
100,448
2,705
1,040
171,363
104,193
No employee received remuneration amounting to more than £60,000 in either year.
Trustees received no remuneration and were not reimbursed for any of their expenses in either
year.
The average weekly number of employees during the year was a5 follows:.
2020
2019
Average number of Full-tlme employees
Average number of Part-time employees
14
15
NET INCOMEI
EXPENDITURE
FOR THE YEAR
2020
2019
This is stated after charging:
Depreciation
Accountant's and BookkeepTng Fees
26,049
3,755
17,635
3,806
12

YORK CITY GYMNASTICS FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
PERIOD ENDED 31ST AUGUST 2020
9. TANGIBLE FIXED ASSETS
Motor
Vehlcles
Gynasium
Equipment
Total
Written down value:
At 1st April 2019
Additions
694,534
2.276
151.887
30,666
848,697
30,666
694,534
2,276
182,553
879,363
reciation:
Charge for Year
806
25,243
26,049
806
25,243
26,049
Net Book Value:
At 31 st August 2020
At 31 st March 2019
694,534
694.534
1,470
2,276
157,310
151,887
853,314
848,697
10. CREDITORS: Amounts Falling Due Within One Year
2020
2019
Trade Creditors
Other Taxes and Social Security
Accruals and Deferred Incorne
8,497
966
2,220
11,683
1,937
2,220
4,157
11. PENSION COST5
The charity operates a defined contribution pension Scheme. The assets of the pension Kheme
are held separately from those of the charity in an independently adminTStered fund. The
pension cost represent5 contributions payable by the charity to the fund and amounted to £2,216
12019: 11,0401. Contriblrtions totalling £20612019 :£107} were payable to the fund at the perTod
end and are included in creditors.
13

YORK CITY GYMNASTICS FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
PERIOD ENDED 31ST AUGUST 2020
12. REL4TED PARTY TRANSACTIONS
There were no material transactions with trustees or other connected persons.
13. ANALYSIS OF NET ASSETS BETWEEN FUNDS
General
Funds
Restricted
Funds
Total Fund5
Tangible Fixed Assets
853,314
853,314
Current Assets
Current Liabilities
92,755
{ 11,6831
92,755
{ 11.683)
Net Assets at 31st August 2020
934,386
934,386
14 MOVEMENT IN FUNDS
At 1st April
2019
Incoming
Resources
Outgoing
Resource5
At 31st
August 2020
Restricted Funds
Unrestricted Funds
General Funds
Total Unrestricted Funds
972,093
972,093
350,172
350,172
387,879
387,879
934,386
934,386
TOTAL FUNDS
972,093
350,172
387,879
934,386
14