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2021-08-31-accounts
| YORK CITY GYMNASTICS |
YORK CITY GYMNASTICS |
FOUNDATION |
|
| REPORT AND |
FINANCIAL |
STATEMENTS |
|
| Contents |
|
|
~Pa e |
| Legal and Administrative |
Information |
|
|
| Statement of Trustees' |
Responsibilities |
|
|
| Report ofthe Trustees |
|
|
3 - 4. |
Independent
Examiner's |
Report |
|
|
Statement
of Financial |
Activities |
|
|
| Balance Sheet |
|
|
|
| Notes to the Financial Statements |
|
|
8-14. |
| Trustees: |
William |
Smithies |
|
Mark Wild |
|
|
Richard |
Bryan Edwards |
|
Annabel |
Clair Arkless |
| Inde |
endent |
Examiner: |
Walter Dawson |
Et Son |
|
|
|
Lawrence
House |
|
|
|
|
James Nicolson |
Link |
|
|
|
CIIfton Moor |
|
|
|
|
York Y0304WG |
|
| ~R' |
t |
dOfd |
St John's Walk |
|
|
|
Heworth |
|
|
|
York |
|
|
|
North Yorkshire |
|
|
|
Y031 7SX |
|
|
|
Unrestricted |
Restricted |
|
Total |
|
|
Notes |
Funcis |
Funds |
2021 |
2020 |
| INCOME AND ENDOWMENTS |
|
|
|
|
|
|
| FROM: |
|
|
|
|
|
|
Donations
and Legacies |
|
4 |
107,918 |
|
107,918 |
45,861 |
| Other Trading Activities |
|
5 |
171,986 |
|
171,986 |
304,311 |
| TOTAL INCOME AND |
|
|
|
|
|
|
| ENDOWMENTS |
|
|
279,904 |
|
279,904 |
350,172 |
| EXPENDITURE ON: |
|
|
|
|
|
|
| Other |
|
6 |
245,421 |
|
245,421 |
387,879 |
| TOTAL EXPENDITURE |
|
|
245,421 |
|
245,421 |
387,879 |
NET INCOME/
EXPENDITURE |
|
|
34,483 |
|
34,483 |
( 37,707) |
Transfers
Between Funds |
|
|
|
|
|
|
NET INCOME/
EXPENDITURE |
|
|
|
|
|
|
| BEFORE OTHER RECOGNISED |
|
|
|
|
|
|
~GAINS/
LOSSES |
|
|
34,483 |
|
34,483 |
( 37,707) |
NET MOVEMENTS
IN FUNDS |
|
|
34,483 |
|
34,483 |
( 37,707) |
RECONCILIATION
OF FUNDS |
|
|
|
|
|
|
| Total Funds at 1st September |
2020 |
|
934,386 |
|
934,386 |
972,093 |
| Total Funds at 31stAugust 2021 |
|
|
968,869 |
|
968,869 |
934,386 |
| DONATIONS |
AND LEGACIES |
AND LEGACIES |
Unrestricted |
Restricted |
Total |
Total |
|
|
|
Funds |
Funds |
2021 |
2020 |
|
|
|
E |
E |
f. |
E |
| Donations |
|
|
36,698 |
|
36,698 |
2,411 |
| Covid Job Retention |
|
Grants |
32,006 |
|
32,006 |
33,450 |
| Council Grants |
|
|
39,214 |
|
39,214 |
10,000 |
|
|
|
107,918 |
|
107,918 |
45,861 |
|
|
|
Unrestricted |
Restricted |
Total |
Total |
|
|
|
Funds |
Funds |
2021 |
2020 |
|
|
|
E |
|
E |
E |
| Club Fees |
|
|
168,661 |
|
168,661 |
274,980 |
| Shop/cafe |
Takings |
|
|
|
|
14,019 |
| Gymnasium |
|
Hire |
1,910 |
|
1,910 |
11,441 |
| Badge Sales |
|
etc. |
1,415 |
|
1,415 |
3,871 |
|
|
|
171,986 |
|
171,986 |
304,311 |
|
|
|
|
Unrestricted |
Restricted |
Total |
Total |
|
|
|
|
Funds |
Funds |
2021 |
2020 |
|
|
|
|
E |
|
E |
E |
| Purchases |
|
|
|
647 |
|
647 |
8,863 |
| Coaching |
Expenses |
and |
Course Fees |
8,000 |
|
8,000 |
52,060 |
| Wages and Pension |
|
Premiums |
|
133,520 |
|
133,520 |
171,363 |
| Refunds of Class Fees |
|
|
|
5,342 |
|
5,342 |
6,289 |
| Rates and |
Waste disposal |
|
|
724 |
|
724 |
16,745 |
| Insurances |
|
|
|
19,928 |
|
19,928 |
34,012 |
| Light and |
Heat |
|
|
9,761 |
|
9,761 |
18,810 |
| Repairs and Renewals |
|
|
|
12,135 |
|
12,135 |
10,018 |
| Telephone |
and Internet |
|
Etc. |
4,099 |
|
4,099 |
6,131 |
| Printing, |
Stationery |
and advertising |
|
1,841 |
|
1,841 |
2,347 |
| Equipment |
Rental |
|
|
633 |
|
633 |
4,361 |
| Cleaning |
|
|
|
9,858 |
|
9,858 |
14,227 |
| Team Clothing |
|
|
|
576 |
|
576 |
|
| Sundries |
|
|
|
1,344 |
|
1,344 |
927 |
Accountancy
and Book-keeping |
|
|
|
3,696 |
|
3,696 |
3,755 |
| Legal and |
professional |
|
fees |
9,500 |
|
9,500 |
9,581 |
| Bank and |
Card Charges |
|
|
3,556 |
|
3,556 |
2,341 |
| Loss on disposal of |
|
Motor Vehicle |
|
1,470 |
|
1,470 |
|
| Depreciation |
|
|
|
18,791 |
|
18,791 |
26,049 |
|
|
|
|
245,421 |
|
245,421 |
387,879 |
|
|
2021 |
2020 |
|
|
E |
E |
| Wages |
and Salaries |
132,259 |
165,801 |
| Social |
Security Costs |
504 |
3,346 |
| Other |
Pension Costs |
757 |
2,216 |
|
|
133,520 |
171,363 |
|
|
|
|
2021 |
2020 |
|
Average
number of Full-time |
|
employees |
|
|
|
Average
number of Part-time |
|
employees |
|
|
|
|
|
|
14 |
|
| 8. |
NET INCOME/ |
EXPENDITURE |
FOR THE YEAR |
|
|
|
|
|
|
2021 |
2020 |
|
This is stated |
after charging: |
|
|
|
|
Depreciation |
|
|
18,791 |
26,049 |
|
Loss on disposal of motor vehicle |
|
|
1,470 |
|
|
Accountant's |
and Bookkeeping |
Fees |
3,696 |
3,755 |
|
|
|
|
|
|
Motor |
|
|
|
|
|
|
|
Gynasium |
Vehicles |
Equipment |
Total |
|
Written
down value: |
|
|
|
|
|
|
|
|
At 1st September 2020 |
|
|
|
694,534 |
1,470 |
157,310 |
853,314 |
|
Additions |
|
|
|
50,391 |
|
30,600 |
80,991 |
|
Disposals |
|
|
|
|
( 1,470) |
( 200) |
( 1,670) |
|
|
|
|
|
744,925 |
|
187,710 |
932,635 |
|
~Di ti |
|
|
|
|
|
|
|
|
Charge for Year |
|
|
|
|
|
18,791 |
18,791 |
|
|
|
|
|
|
|
18,791 |
18,791 |
|
Net Book Value: |
|
|
|
|
|
|
|
|
At 31stAugust 2021 |
|
|
|
744,925 |
|
168,919 |
913,844 |
|
At 31stAugust 2020 |
|
|
|
694,534 |
1,470 |
157,310 |
853,314 |
| 10. |
CREDITORS: Amounts |
Falling |
|
Due Within |
One Year |
|
|
|
|
|
|
|
|
|
|
2021 |
2020 |
|
|
|
|
|
|
|
E |
|
|
Bank Loan |
|
|
|
|
|
7,500 |
|
|
Trade Creditors |
|
|
|
|
|
|
8,497 |
|
Other Taxes and Social |
|
Security |
|
|
|
599 |
966 |
|
Accruals and Deferred |
|
Income |
|
|
|
3,312 |
2,220 |
|
|
|
|
|
|
|
11,411 |
11,683 |
|
|
2021 |
2020 |
| Due |
Within One Year |
7,500 |
|
| Due |
Between One and Five Years |
42,500 |
|
|
|
50,000 |
|
|
|
General |
Restricted |
|
|
|
Funds |
Funds |
Total Funds |
|
|
E |
|
E |
| Tangible |
Fixed Assets |
913,844 |
|
913,844 |
| Current |
Assets |
108,936 |
|
108,936 |
| Current |
Liabilities |
( 11,411) |
|
( 11,411) |
| Long Term Liabilities |
|
( 42,500) |
|
( 42,500) |
| Net Assets at 31stAugust 2021 |
|
968,869 |
|
968,869 |
| MOVEM |
ENT |
IN FUN |
DS |
|
|
|
|
|
|
|
|
At 1st |
|
|
|
|
|
|
|
september |
Incoming |
Outgoing |
At 31st |
|
|
|
|
2020 |
Resources |
Resources |
August 2021 |
|
|
|
|
E |
E |
E |
E |
| Restricted |
|
Funds |
|
|
|
|
|
| Unrestricted |
|
Funds |
|
|
|
|
|
| General |
Funds |
|
|
934,386 |
279,904 |
245,421 |
968,869 |
| Total Unrestricted |
|
|
Funds |
934,386 |
279,904 |
245,421 |
968,869 |
| TOTAL |
FUNDS |
|
|
934,386 |
279,904 |
245,421 |
968,869 |