Charity registration number: 1152822
**WOKING GYMNASTICS CLUB TRUSTEES' REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD 1 OCTOBER 2024 TO 31 AUGUST 2025**
Ashfield Accountancy C/O Ashfield Accountancy First Floor, 33 Chertsey Road Woking Surrey GU21 5AJ
## **Woking Gymnastics Club Contents**
||**Page**|
|---|---|
|Reference and Administrative Details|1|
|Trustees' Report|2—4|
|Independent Examiner's Report|5|
|Statement of Financial Activities|6|
|Statement of Financial Position|7|
|Statement of Cash Flows|8|
|Notes to the Statement of Cash Flows|9|
|Notes to the Financial Statements|10—16|
|The following pages do not form part of the statutory accounts:||
|Detailed Statement of Financial Activities|17—18|
**Woking Gymnastics Club Reference and Administrative Details For the Period 1 October 2024 to 31 August 2025**
|**Trustees**|Mr Lionel George Smith-Gordon - Chair|
|---|---|
||Mrs Claire Beesly - Vice Chair|
||Mr James Porter - Secretary|
||Mr Finn Chu - Trustee|
||Mr Barry Rees - Treasurer|
|**Charity Number**|1152822|
|**Principal Address**|Kingfield Road|
||Woking|
||Surrey|
||GU22 9AA|
|**Independent Examiner**|Caroline Taylor MAAT|
||Ashfield Accountancy|
||C/O Ashfield Accountancy|
||First Floor, 33 Chertsey Road|
||Woking|
||Surrey|
||GU21 5AJ|
|**Bankers**|HSBC Bank PLC|
||12A North Street|
||Guildford|
||Surrey|
||GU1 4AF|
Page 1
## **Woking Gymnastics Club**
## **Trustees' Report For the Period 1 October 2024 to 31 August 2025**
The trustees present their report and the financial statements for the period ended 31 August 2025.
## **Objectives and Activities**
## **Our purpose**
Our purpose, as set out in our Constitution, is the promotion of community participation in healthy recreation, in particular by providing facilities and coaching for gymnastics.
## **What we do**
At the heart of everything we do is a simple belief: gymnastics has the power to change lives. We provide classes and training sessions, professional coaching, competitive pathways, and a genuine commitment to well-being through gymnastics for people of all ages, abilities and backgrounds across Woking and the surrounding area.
## **Public benefit**
The trustees have due regard to Charity Commission guidance on public benefit. Our Club is open to all, regardless of age, race, gender, or sexual orientation. Our activities are intended primarily for the benefit of the people of Woking and the surrounding areas.
Gymnastics requires specialist facilities, equipment, and a high ratio of qualified coaches to gymnasts. It will always be necessary to charge for the use of our facilities and for the coaching received. We invest funds carefully, and we work hard to ensure cost is never a barrier.
A bursary programme is in place to support gymnasts whose families are facing significant financial hardship, ensuring that the door to WGC is never closed to anyone who wants to be here.
## **Achievements and Performance**
## **Annual Review**
During the financial year the Club increased its level of gymnastic and community activity across every area of what we do. This is a snapshot of what that looked like.
## **Community**
This year the Club was shortlisted for the British Gymnastics Community Club of the Year 2025 Award, recognition that belongs to every coach, volunteer and member who makes WGC what it is. Our Lead Coach for Special Educational Needs and Inclusion was individually honoured with the 2025 British Gymnastics Inclusion Champion Award. We are enormously proud of both.
Our community work during the year included:
- Weekly visits to local schools to promote gymnastics and support teachers in delivering gymnastics within the school curriculum.
- Continued development of coaches and judges through our internal education programme, and an expanded Leadership Academy for school-age young people.
An increased range and frequency of free gymnastics sessions for groups with additional educational needs.
- Active participation in local civic life, including membership of the local Chamber of Commerce and the Woking Health and Wellbeing Board, and ongoing support for Woking Borough Council.
## **Pre-school**
Our pre-school programme continues to grow. We provided structured group coaching for over 150 children each week, alongside affordable pay-as-you-go sessions for a further 75 children, from babies and toddlers through to home-educated teenagers. For many of these families, WGC is where their child’s love of movement begins.
## **Recreational gymnastics**
Membership of our recreational programme averaged over 750 gymnasts per month, each attending at least once a week. Our floor and vault, key steps and tumble groups which add a further 160 gymnasts, attend multiple times per week.
This year we extended competitive opportunities for recreational gymnasts, and they responded: achieving success at local and regional level.
...CONTINUED
Page 2
## **Woking Gymnastics Club Trustees' Report (continued) For the Period 1 October 2024 to 31 August 2025**
## **Annual Review - continued**
Our coaching team continues to grow, supported by a fully funded coach and judge education programme. Our Young Leadership Academy gave 14 school-age individuals valuable workplace experience and a genuine taste of work experience and what it means to lead.
## **Squad artistic gymnastics**
Our squad gymnasts performed at the very highest level. One gymnast earned the honour of becoming British Senior Men’s Champion 2025 and secured a place in the GB Squad. Others, male and female, represented England and Wales at international level.
## **Financial Review**
## **Financial Position**
During the year, the trustees resolved to change the Charity's financial year end from 30 September to 31 August. This decision was taken to ensure the Charity's accounting period aligns more closely with the natural cycle of its activities, providing a more meaningful reflection of the Charity's performance within each reporting year.
As a result of this change, the current financial statements cover the 11-month period from 1 October 2024 to 31 August 2025. Future financial years will run from 1 September to 31 August.
The Club ended the year with net assets of £441,262 (2024: £452,261), recording a net movement in funds of (£10,999) (2024: £10,786) for the year ended 31 August 2025.
Total income was £818,777, a decrease of 4.4% on the prior year (2024: £856,707).
Resources expended on the provision of gymnastic services were £829,776, a 1.91% decrease on the prior year (2024: £845,921).
Please note that the Club brought forward its year end to better match its activities. As a result, this reporting period covers 11 months, one month less than the previous full year. The comparative figures above should be read with this in mind.
However, we continue to maintain the balance between rising overhead costs and the fees we charge — always with the financial reality of our members at the forefront of our thinking.
## **Reserves**
The Club manages its reserves carefully to protect against unforeseen events and risks. Our reserves include a significant cash balance — a combination of a bounce-back loan and funds generated through operations. It is our policy to maintain a minimum cash reserve of £50,000, regardless of our ongoing operational performance.
## **Future Developments**
Everything we do is led by the needs of our community. We will continue to listen, to respond to local and national evidence, to grow our programme and to invest in the capabilities that allow us to serve more people, more effectively.
## **Facilities development**
The Club continued to operate from its main facility on Kingfield Road, supported by our additional site at Egley Road for our elite gymnastics programme. Demand for space continues to outstrip what we currently have. Our landlord, Woking Borough Council, has documented its support for our aspiration to secure the Club’s long-term future through development of the Kingfield site, and has provided assurances about the space required. The trustees continue to pursue this.
## **Structure, Governance and Management**
## **Our governing document**
Woking Gymnastics Club is a Charitable Incorporated Organisation, governed by our Club Constitution and formed on 2 July 2013. The Club assumed the activities of an earlier charity of the same name that had served this community since the early 1980s. A legacy we are proud to carry forward.
## **Trustees and management**
...CONTINUED
Page 3
## **Woking Gymnastics Club Trustees' Report (continued) For the Period 1 October 2024 to 31 August 2025**
## **Our governing document - continued**
Trustees are appointed by the acceptance of nomination at the Annual General Meeting or co-opted during the year as provided for in the Constitution. Every new trustee receives both statutory Charity Commission guidance and Club-specific training, ensuring they are well equipped to fulfil their obligations and to contribute meaningfully to the Club.
The day-to-day running of the Club is delegated to the Chief Executive Officer, who directly manages our administrative functions and gymnastics programmes. The CEO reports to the trustees. Annual objectives for the Club and CEO are set through a formal development process, with regular reviews and annual remuneration assessments.
No trustee held any personal interest in any contract or transaction entered into by the Charity during the year, other than their own membership of the Club, and the participation of their children in our programmes on the payment of the usual fees. Some trustees’ children also perform non-critical roles for the Charity on a part-time, hourly-paid basis.
## **Decision making**
The Club and the Charity operate in full accordance with the policies and codes of conduct of British Gymnastics, our National Governing Body.
## **Risk management**
The trustees have a duty to identify and review the risks to which the Charity is exposed, and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. We have considered the major business and operational risks faced by the Charity and have established systems to mitigate them.
## **Statement of Trustees' Responsibilities**
The trustees are responsible for preparing the Trustees’ Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and our Constitution require the trustees to prepare financial statements for each financial year that give a true and fair view of the state of affairs of the Charity, and of the incoming resources and application of resources, including the income and expenditure, of the Charity for that period.
In preparing those financial statements, the trustees are required to:
- Select suitable accounting policies and apply them consistently.
- Observe the methods and principles in the Charity SORP.
- Make judgements and estimates that are reasonable and prudent.
- Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in operation.
The trustees are responsible for maintaining proper accounting records that disclose with reasonable accuracy the financial position of the Charity at any time, and for ensuring that the financial statements comply with the Charities Act 2011 and the Charity (Accounts and Reports) Regulations 2008. They are also responsible for safeguarding the assets of the Charity and for taking reasonable steps to prevent and detect fraud and other irregularities.
The trustees' report was approved by the board of trustees and signed on its behalf by:
Mr Lionel George Smith-Gordon
Trustee 25 June 2026
Page 4
## **Woking Gymnastics Club Independent Examiner's Report to the Trustees of Woking Gymnastics Club For the Period 1 October 2024 to 31 August 2025**
I report to the trustees on my examination of the accounts of Woking Gymnastics Club (the Trust) for the period ended 31 August 2025.
## **Responsibilities and Basis of Report**
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent Examiner's Statement**
Since the Trust’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Association of Accounting Technicians in England and Wales, which is one of the listed bodies.
I have completed my examination. I 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:
1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and contents of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
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.
Caroline Taylor MAAT 25 June 2026 C/O Ashfield Accountancy First Floor, 33 Chertsey Road Woking Surrey GU21 5AJ
Page 5
## **Woking Gymnastics Club Statement of Financial Activities For the Period 1 October 2024 to 31 August 2025**
|**Notes**
**INCOME AND ENDOWMENTS FROM:**
Donations and legacies
**3**
Charitable activities:
Clothing & Other Gymnastics Activities
Coaching Income
Other trading activities
**4**
Investments
**5**
Other
**6**
**EXPENDITURE ON:**
Charitable activities:
**8**
Recreational Gymnastics
**NET (EXPENDITURE)/INCOME**
**NET MOVEMENT IN FUNDS**
**RECONCILIATION OF FUNDS:**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**
**20**|**31 August**
**2025**
**Unrestricted**
**funds**
**£**
7,235
23,702
681,870
86,303
18,647
1,021|**30**
**September**
**2024**
**Unrestricted**
**funds**
**£**
8,672
40,459
717,028
89,476
-
1,072|
|---|---|---|
||818,777|856,707|
||(829,776)|(845,921)|
||(10,999)|10,786|
||(10,999)
452,261|10,786
441,475|
||441,262|452,261|
The notes on pages 9 to 16 form part of these financial statements.
Page 6
## **Woking Gymnastics Club Statement of Financial Position As At 31 August 2025**
|**Notes**
**FIXED ASSETS**
Tangible Assets
**13**
**CURRENT ASSETS**
Debtors
**14**
Investments
**15**
Cash at bank and in hand
**Creditors: Amounts Falling Due Within One Year**
**16**
**NET CURRENT ASSETS (LIABILITIES)**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**Creditors: Amounts Falling Due After More Than One Year**
**17**
**NET ASSETS**
**FUNDS OF THE CHARITY**
Unrestricted Funds
**TOTAL FUNDS**
**20**|**31 August**
**2025**
**Unrestricted**
**funds**
**£**
57,963|**30**
**September**
**2024**
**Total**
**funds**
**£**
83,764|
|---|---|---|
||57,963
19,387
332,961
57,938|83,764
11,325
320,426
76,986|
||410,286
(21,703)|408,737
(25,650)|
||388,583|383,087|
||446,546|466,851|
||(5,284)|(14,590)|
||441,262|452,261|
||441,262|452,261|
||441,262|452,261|
On behalf of the board
Mr Lionel George Smith-Gordon Trustee 26 June 2026
The notes on pages 9 to 16 form part of these financial statements.
Page 7
## **Woking Gymnastics Club Statement of Cash Flows For the Period 1 October 2024 to 31 August 2025**
|**Notes**
**Cash flows from operating activities**
Net cash (used in)/generated from operations
**1**
Net cash (used in)/generated from operating activities
**Cash flows from investing activities**
Purchase of tangible assets
Interest received
Net cash generated from/(used in) investing activities
**Cash flows from financing activities**
Repayment of bank borrowings
(Decrease)/increase in cash and cash equivalents
Cash and cash equivalents at beginning of period
**2**
Cash and cash equivalents at end of period
**2**|**31 August**
**2025**
**£**
(8,126)
(8,126)
(8,313)
18,647
10,334
(9,306)
(7,098)
397,412
390,314|**30**
**September**
**2024**
**£**
59,202|
|---|---|---|
|||59,202|
|||(34,778)
-|
|||(34,778)|
|||(9,908)|
||||
|||14,516
382,896|
|||397,412|
Page 8
## **Woking Gymnastics Club Notes to the Statement of Cash Flows For the Period 1 October 2024 to 31 August 2025**
## 1. **Reconciliation of (expenditure)/income to cash (used in)/generated from operations**
|Net (expenditure)/income
_Adjustments for:_
Interest income
Depreciation of tangible assets
_Movements in working capital:_
Decrease in stocks
Increase in trade and other debtors
(Decrease)/increase in trade and other creditors
Net cash (used in)/generated from operations
2.
**Cash and cash equivalents**|**31 August**
**2025**
**£**
(10,999)
(18,647)
34,114
-
(8,062)
(4,532)
(8,126)|**30**
**September**
**2024**
**£**
10,786
-
34,441
10,210
(1,968)
5,733|
|---|---|---|
|||59,202|
||||
Cash and cash equivalents, as stated in the Statement of Cash Flows, relates to the following items in the Balance Sheet:
|Cash at bank and in hand
Short term deposits including current asset investments (less than 3 months)
Overdraft facilities repayable on demand
Cash and cash equivalents as stated in the Statement of Cash Flows|**31 August**
**2025**
**£**
57,938
332,961
(585)
390,314|**30**
**September**
**2024**
**£**
76,986
320,426
-|
|---|---|---|
|||397,412|
3. **Analysis of changes in net funds**
|Cash at bank and in hand
Short term deposits including current asset investments (less than 3
months)
Overdraft facilities repayable on demand
**Cash and cash equivalents**
Debts falling due within one year
Debts falling due after more than one year|**As at 1**
**October**
**2024**
**£**
76,986
320,426
-|**Cash flows**
**£**
(19,048)
12,535
(585)|**As at 31**
**August 2025**
**£**
57,938
332,961
(585)|
|---|---|---|---|
||397,412
(9,522)
(14,590)|(7,098)
-
9,306|390,314
(9,522)
(5,284)|
||373,300|2,208|375,508|
Page 9
## **Woking Gymnastics Club Notes to the Financial Statements For the Period 1 October 2024 to 31 August 2025**
## 1. **General Information**
Woking Gymnastics Club is an unincorporated charity registered with the Charity Commission, registered charity number 1152822. The principal address is Kingfield Road, Woking, Surrey, GU22 9AA.
## 2. **Accounting Policies**
## 2.1. **Basis of Preparation of Financial Statements**
The financial statements 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 Charities Act 2011.
The charity is a Public Benefit Entity as defined by FRS 102.
## 2.2. **Going Concern Disclosure**
We believe that adequate cash resources will be available to cover the charity’s requirements for working capital and capital expenditure for at least the next twelve months and we are not aware of any other factors that we believe could put into jeopardy the charity’s going concern status. The financial statements have therefore been prepared on the going concern basis.
## 2.3. **Incoming Resources**
All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received, and the amount of income receivable can be measured reliably.
Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable.
## 2.4. **Resources Expended**
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably.
Charitable activities and Governance costs are costs incurred on the Charity's educational operations, including support costs and costs relating to the governance of the Charity apportioned to charitable activities.
All expenditure is inclusive of irrecoverable VAT.
## 2.5. **Tangible Fixed Assets and Depreciation**
Tangible fixed assets costing £500 or more are capitalised and recognised when future economic benefits are probable, and the cost or value of the asset can be measured reliably.
Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.
Freehold 4.18% straight line & 20% & 25% straight line Floor, Foam and Equipment 20% straight line Egley Road Equipment 25% straight line Computer Equipment 25% straight line
## 2.6. **Cash and Cash Equivalents**
Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.
## 2.7. **Pensions**
The Charity operates a defined contribution pension scheme and the pension charge represents the amounts payable by the Charity to the fund in respect of the year.
Page 10
## **Woking Gymnastics Club Notes to the Financial Statements (continued) For the Period 1 October 2024 to 31 August 2025**
## 2.8. **Fund accounting**
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.
## 3. **Income from Donations and Legacies**
|Donations and gifts
Gift aid|**31 August**
**2025**
**Unrestricted**
**funds**
**£**
353
6,882|**30**
**September**
**2024**
**Unrestricted**
**funds**
**£**
341
8,331|
|---|---|---|
||7,235|8,672|
4. **Income from Other Trading Activities**
|Membership subscriptions
Fundraising events
Shop income
5.
**Investment Income**
Bank interest receivable
6.
**Other Income**
Other income|**31 August**
**2025**
**Unrestricted**
**funds**
**£**
75,829
8,989
1,485|**2024**
**Unrestricted**
**funds**
**£**
80,863
6,659
1,954|
|---|---|---|
||86,303|89,476|
||**31 August**
**2025**
**Unrestricted**
**funds**
**£**
18,647|**30**
**September**
**2024**
**Unrestricted**
**funds**
**£**
-|
||**31 August**
**2025**
**Unrestricted**
**funds**
**£**
1,021|**2024**
**Unrestricted**
**funds**
**£**
1,072|
Page 11
## **Woking Gymnastics Club Notes to the Financial Statements (continued) For the Period 1 October 2024 to 31 August 2025**
## 7. **Net Income/(Expenditure)**
The net (expenditure)/income is stated after charging/(crediting):
|Depreciation of tangible fixed assets - owned
8.
**Analysis of Expenditure**
Recreational Gymnastics
Recreational Gymnastics
9.
**Support Costs**
Employee costs
General administration
Depreciation
Governance costs|**Activities**
**undertaken**
**directly**
**£**
608,874|**31 August**
**2025**
**£**
34,114|**30**
**September**
**2024**
**£**
34,441|
|---|---|---|---|
|||**Support**
**costs**
(see note 9)
**£**
220,902|**31 August**
**2025**
**Total**
**£**
829,776|
||**Activities**
**undertaken**
**directly**
**£**
633,018|**Support**
**costs**
(see note 9)
**£**
212,903|**30**
**September**
**2024**
**Total**
**£**
845,921|
||||**31 August**
**2025**
**Recreational**
**Gymnastics**
**£**
172,671
30,926
1,420
15,885|
||||220,902|
Page 12
**Woking Gymnastics Club Notes to the Financial Statements (continued) For the Period 1 October 2024 to 31 August 2025**
|Employee costs
General administration
Depreciation
Governance costs|**30**
**September**
**2024**
**Recreational**
**Gymnastics**
**£**
168,584
31,105
1,763
11,451|
|---|---|
||212,903|
## **Correction of Prior Year Disclosure**
During the preparation of the current year's financial statements, the trustees identified an error in a note disclosure contained within the prior year's financial statements for the year ended 30th September 2024
The error related solely to the presentation/disclosure within Note 9 and did not affect the amounts reported in the Statement of Financial Activities, Balance Sheet, cash flows, net movement in funds, or the charity's reserves. Accordingly, no prior year adjustment has been made to the primary financial statements.
The comparative disclosure presented in Note 9 has been amended to reflect the correct information. The correction has no impact on the charity's reported financial performance, financial position, or funds for the prior year.
## 10. **Independent Examiner's Remuneration**
|Independent examination of the financial statements
11.
**Staff Costs**
Staff costs were as follows:
Wages and salaries
Social security costs
Other pension costs|**31 August**
**2025**
**£**
9,480
**31 August**
**2025**
**£**
559,373
39,154
11,191
609,718|**30**
**September**
**2024**
**£**
6,097|
|---|---|---|
|||**30**
**September**
**2024**
**£**
578,686
41,366
11,921|
|||631,973|
No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000.
Page 13
## **Woking Gymnastics Club Notes to the Financial Statements (continued) For the Period 1 October 2024 to 31 August 2025**
## 12. **Average Number of Employees**
Average number of employees during the period was as follows:
|Administration
Coaching staff|**31 August**
**2025**
4
49
53|**30**
**September**
**2024**
4
51|
|---|---|---|
|||55|
## 13. **Tangible Assets**
## **Land & Property**
|**Cost**
As at 1 October 2024
Additions
As at 31 August 2025
**Depreciation**
As at 1 October 2024
Provided during the period
As at 31 August 2025
**Net Book Value**
As at 31 August 2025
As at 1 October 2024
**Cost**
As at 1 October 2024
Additions
As at 31 August 2025
**Depreciation**
As at 1 October 2024
Provided during the period
As at 31 August 2025
**Net Book Value**
As at 31 August 2025
As at 1 October 2024|**Freehold**
**£**
93,740
-|**Leasehold**
**£**
11,683
-|**Floor, Foam**
**and**
**Equipment**
**£**
412,404
8,313|**Egley Road**
**Equipment**
**£**
70,360
-|
|---|---|---|---|---|
||93,740|11,683|420,717|70,360|
||90,775
120|11,683
-|347,137
19,739|57,524
12,834|
||90,895|11,683|366,876|70,358|
||2,845|-|53,841|2|
||2,965|-|65,267|12,836|
||||**Computer**
**Equipment**
**£**
34,522
-|**Total**
**£**
622,709
8,313|
||||34,522|631,022|
||||31,826
1,421|538,945
34,114|
||||33,247|573,059|
||||1,275|57,963|
||||2,696|83,764|
Page 14
**Woking Gymnastics Club Notes to the Financial Statements (continued) For the Period 1 October 2024 to 31 August 2025**
|14.
**Debtors**
**Due within one year**
Trade debtors
Other debtors
15.
**Current Asset Investments**
Short term deposits
16.
**Creditors: Amounts Falling Due Within One Year**
Trade creditors
Bank loans and overdrafts
Accruals and deferred income
17.
**Creditors: Amounts Falling Due After More Than One Year**
Bank loans
18.
**Loans**
An analysis of the maturity of loans is given below:
Amounts falling due within one year or on demand:
Bank loans
Amounts falling due between one and five years:
Bank loans|**31 August**
**2025**
**£**
1,724
17,663
19,387
**31 August**
**2025**
**£**
332,961
**31 August**
**2025**
**£**
6,999
10,107
4,597
21,703
**31 August**
**2025**
**£**
5,284
**31 August**
**2025**
**£**
9,522
**31 August**
**2025**
**£**
5,284|**30**
**September**
**2024**
**£**
2,843
8,482|
|---|---|---|
|||11,325|
|||**30**
**September**
**2024**
**£**
320,426|
|||**30**
**September**
**2024**
**£**
8,496
9,522
7,632|
|||25,650|
|||**30**
**September**
**2024**
**£**
14,590|
|||**30**
**September**
**2024**
**£**
9,522|
|||**30**
**September**
**2024**
**£**
14,590|
Page 15
## **Woking Gymnastics Club Notes to the Financial Statements (continued) For the Period 1 October 2024 to 31 August 2025**
## 19. **Pension Commitments**
The charity operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the charity in an independently administered fund.
During the period the charge to the statement of financial activities in respect of defined contribution schemes was £11,191 (2024: £11,921).
At the statement of financial position date contributions of £NIL were due to the fund and are included in creditors.
## 20. **Movement in Funds**
|**Unrestricted funds**
General:
General unrestricted fund
**Total funds**
**Unrestricted funds**
General:
General unrestricted fund
**Total funds**|**As at 1**
**October**
**2024**
**£**
452,261|**Income**
**£**
818,777|**Expenditure**
**£**
(829,776)|**As at 31**
**August 2025**
**£**
441,262|
|---|---|---|---|---|
||452,261|818,777|(829,776)|441,262|
||**As at 1**
**October**
**2023**
**£**
441,475|**Income**
**£**
856,707|**Expenditure**
**£**
(845,921)|**As at 30**
**September**
**2024**
**£**
452,261|
||441,475|856,707|(845,921)|452,261|
## 21. **Transactions with Trustees**
None of the trustees received any remuneration or any other benefits from an employment with the charity or a related entity during the current or previous year.
No trustee expenses have been incurred.
## 22. **Related Party Disclosures**
The Charity has not entered into any related party transaction during the year, nor are there any outstanding balances owing between related parties and the Charity at 31 August 2025.
Page 16
## **Woking Gymnastics Club Detailed Statement of Financial Activities For the Period 1 October 2024 to 31 August 2025**
|**INCOME AND ENDOWMENTS FROM:**
**Donations and legacies**
Donations and gifts
Gift aid
**Charitable Activities:**
**Clothing & Other Gymnastics Activities**
Clothing & other gymnastic activities
**Coaching Income**
Coaching income
**Other trading activities**
Membership subscriptions
Club Festival
500 Club
**Investments**
Bank interest receivable
**Other**
Other income
**EXPENDITURE ON:**
**Charitable Activities:**
**Recreational Gymnastics**
Direct Costs - Clothing and other gymnastic activities
Direct Costs - Other gymnastic costs
Direct Costs - Bursaries
Direct Costs - Wages and salaries
Direct Costs - Employers NI
Direct Costs - Employers pensions - defined contribution schemes
Direct Costs - Repairs, renewals and maintenance
Direct Costs - Depreciation
Support Costs - Wages and salaries
Support Costs - Employers NI
Support Costs - Employers pensions - defined contributions scheme|**31 August**
**2025**
**Total**
**funds**
**£**
353
6,882|**30**
**September**
**2024**
**Total**
**funds**
**£**
341
8,331
8,672
40,459
40,459
717,028
717,028
80,863
6,659
1,954
89,476
-
-
1,072
1,072
856,707
(31,451)
(77,937)
(11,966)
(425,978)
(25,490)
(11,921)
(15,597)
(32,678)
(152,708)
(15,876)
-
...CONTINUED|
|---|---|---|
||7,235
23,702||
||23,702
681,870||
||681,870
75,829
8,989
1,485||
||86,303
18,647||
||18,647
1,021||
||1,021||
||818,777
(22,377)
(89,026)
(10,088)
(407,701)
(22,302)
(7,044)
(17,642)
(32,694)
(151,672)
(16,852)
(4,147)||
Page 17
## **Woking Gymnastics Club Detailed Statement of Financial Activities (continued) For the Period 1 October 2024 to 31 August 2025**
|Support Costs - Other office costs
Support Costs - Miscellaneous expenses
Support Costs - Depreciation
Independent examiner's fees
Professional fees
Bad debts
**NET (EXPENDITURE)/INCOME**|(27,990)
(2,936)
(1,420)
(9,480)
(5,381)
(1,024)|(27,522)
(3,583)
(1,763)
(6,097)
(4,265)
(1,089)|
|---|---|---|
||(829,776)|(845,921)|
||(829,776)|(845,921)|
||(10,999)|10,786|
Page 18
## **SIGNATURE CERTIFICATE**
## Document
Name **Annual Accounts to 31st August 2025.pdf** Creator **Liam Austin (liam@ashfield-accountancy.co.uk)** Date **25 June 2026 13:57:41 UTC** Identifier **f5db2643-d0cf-48ad-8b9f-372a5cdfe86e**
## Signers
## **Caroline Taylor**
E-mail Signed **25 June 2026 14:00:45 UTC** IP address **51.145.52.198**
## **SIGNATURE CERTIFICATE**
## Document
Name **Annual Accounts to 31st August 2025 (Signed by independant** Creator **Liam Austin (liam@ashfield-accountancy.co.uk)** Date **25 June 2026 15:35:00 UTC** Identifier **c76aa2ed-7bb4-4a00-a00c-bd18ad207b08**
## Signers
## **lionel.smith-gordon@wokinggymnastics.co.uk**
E-mail **lionel.smith-gordon@wokinggymnastics.co.uk** Signed **29 June 2026 8:27:58 UTC** IP address **188.227.246.43**