REGISTERED COMPANY NUMBER: 08538449 (England and Wales) REGISTERED CHARrrY NUMBER: 1154233 Unaudtted Flnanclal Statern lor the Yr Ended 31 Au9U8t 2022
Contents of the Financial Ststwnents for the Yr Ended 31 August 2022 Report ol tho Trust*8 1 to 2 Indepen1 Examlnérf# Report Balance Sheet 5 to 6 7 to 11 12
Report of ts Trustees lor the Year End1 31 Augu 21r22 The trustees who are also diretaS of the tharity for the purFQ5es of the Companies Act 2006, present their report with the finanual slatements of the L*arty for the year ended 31 August 2022. Thè trustees have adoptgj the provtsK)ns of ACCnting arKI Rerting by Charities: Statement of Remmended Pra(ai applicable to tharities preparirKJ their aw)unts in aecordance with the Financial R8FK)rbng Stsndard applrcabl8 in the UK and Rewblic of Ireland (FRS 102) {effectNe I January 2019). OBJECTIVES AND ACTivmES Charltles alms and pertormance East Midlands Cheerfeading Academy was set up to provNJè dwrleading class8S to the local Community in Nottingham, with partIlar focus on keaping yi)urMJ people under the age of 18 in sport. Concessions are made on a discJ8tionary basis and class fees are kopt as as possible to allt)w children whose families would otheThwse be unable to afford it to tske part. Cheèrleading classes are usually offered within our facilty 6 days a week and support children from the age of 3 up to adu5. tth male arKI female. The trustees therefcKe conflm that the chanty is Tun for publlc benefft and th8y have had full regard to the guidance issu&J by the charity c0fflmissi on public benefit. EMCA has grown as a dub in tern of the number of athletes taklng part each year. and have b88n offering classes to over 250 young peop. Most of these young people ara girls urKler th8 age of 18 who were preV)USIY rKA doing any physul adivty. thus we ntinue to meet our main goals as a charity. keeping girfs fit and active as well as building life bng skills of teamwort<, trust and Gommltment. Flnanc1818ummary During the prevlous wr o)sts of £55,722 were incurr&d in r8latk)n to roof r8P8irs. As the guarantee paritsj for the Yrk 8xceeded the tem of the premise lease, 50% of this cost was mèt by the landlord. Should the charity chcx)se to extend their lease bey the Current lease temi ending in Decsmber 2028 the charity may be required to repay the landlord's contribution. Revenue incr8ased durirwJ the year due to the gradual endlry of the restrictions thal r8sultèd from the Covid-19 pandémic. Class fees continued lo be granted to approximately 10% of children vthere parents w8re in finaniial or other supporL As In prevkjus years the mailty of incoTh is generated frorn dass fees. but other inwm8 SoUrS indude payments for kit, unifoffn, petitIon enty and tickets. No profft is mad8 on these other income sources to ensure there is no financial barrier ItK>S8 wshing to join the dub. FINANCIAL REVIEW Reserve8 policy Aithough the charlty does not have a speufic reserves policy. li (x)ntinues to hold significant cash funds, which would be mor8 than suffiryent to CQ¥8r any unexFeCted costs or loss of income ovér the next fow y8afS. STRUCTUA& GOVERNANCE AND MANAGEMETrir Governing document The chartty is a company limited by guarantee, as defined by the Companies Act 2006, and is govemed by its Memorandum and Artides. as amended by s#al Resdution. REFERENCE AND ADMINISTRATIVE DEfAILS Registered Company number 08538449 (England and Wales) Page 1
Easl Midlands Cheerleading ACadry for the Yr End 31 August 2022 Registered Charity number 1154233 Registered ¢)ffice 23 Handel Street Nottingham NG3 1JE Trustees Anna Mead NiL)Jla van Gelder (resigned 31.8.22) Helena Zar1 The truste8 mgmorarKlum sets the roie and aFproath for the charivs trustees. Independent Examin DeLL)rah Caine Mellor Oxland LLP Hine House 25 Regent Street Nottingham NG15BS Approved by order of the LK)ard of trustees on ............24th May. 2023 behaw by- arKI signed on its Anna Mead - Trustee Page 2
Independent Examins Report to the Trustees of Independent examiners rep to the trustees of Ea Midlands Clwleadiry Academy (Ihe CompanY) I report to the charity trustees on my examination of the ac(xJJnts of the Company for the year ended 31 August 2022. Responsibililies and basls of report As the charity's trustees of the Company (and also Éts dir8Ctors for the purposes of (Y)mpany lawl you are responsible for the preparatk)n of the acccrfjnts in acfX)rdance wilh the requirements of the Companies Act 2006 (Ihe 2006 Acl,). Having satisfied myself that the a(£ounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for indepndent examination, I report in respect of my examination of your charivs acUnts as carried out under Section 145 of the Charities Act 2011 Ilhe 2011 Act.) In cxryng out my examination I have follo¥l the Direclions given by the Charity Commission under Section 145(5) (b) of the 2011 A( Independent examiners statemwrt I have completed my examination. I nfim7 that no matters have me to my attention in connection with the examination gimng me L3use to believe: accounting re(x)rds were not kept in reswt of the Company as required by Section 386 of the 2006 Act. or the acmunts do nol acwrd wtth those rOrdS. or the accounts do not mplY with the accounting requirements of Section 396 of the 2006 A other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an indeperent examination," or the accounts have not been prepared in accordance with the methc#Js and principles of the Statement of RecLmmerKl8d Pracaice for a(Unting and reporting by charities {applicable to chartties preparing their acUnts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021}. I have no cOnmS and have come across no other matters in conn0 wtlh the examination to which attention should be drawn in this reF in order to enab a proper understanding of the accounts to be reached. Deborah Caine Mellor Oxland LLP Hine House 25 Regent Street Nottingham NG15BS Date: .a.4.. Page 3
for the Yr Ended 31 August 2022 2022 Unrestrioted fund 2021 Total funds Notes INCOME AND ENDOWMENTS FROM Other inrne 213,934 183,203 EXPENDITURE ON Other 235.351 190,802 NEf INCOMEI{EXPENDrruRE) (21,417) 17,5991 RECONCIUATION OF FUNDS Total funds brought forward 242,088 249.687 TOTAL FUNDS CARRIED FORWARD 220.671 242.088 The )teS fomi part of these financbal statements Page 4
East Mldlands CheWIding Acadany 31 August 2022 2022 UnstriCted fund 2021 Total funds Notes FIXED ASSETS Tangible assets 70.937 52.780 CURRENT ASSErs Cash at bank 151.625 190,592 CREDITORS Amounts falling due wlthin one year (1.891) 11.284) NEf CURREMf ASSErs 149.734 189,308 TOTAL ASSEfs LESS CURREiir UABIUTIES 220,671 242,088 NEf ASSErs 220,671 242,088 FUNDS Unrestricted funds 220,671 242,088 TOTAL FUNDS 220.671 242,088 The charitable company is entru to exemption from audit uThJ8r Secbon 477 of the Companies Act 2006 for the year ended 31 August 2022. The members have not reqUIrj the (x)mpany to obtain an aLKlit of tts finanaal statements for the year ended 31 August 2022 in accordan wilh Section 476 of the Companies A£t 2W6. The trustees a¢kredge their reS$1b111tieS for (a) ensuring that the charitable company keeps acL))unting re(ths that Lxjmpty wrth Se&ions 386 and 387 of the Companies Act 2C()6 and (b) preparing finan(aal statements which give a true and fair wew of the state of 8ffairs of the charitable company as at the end of each finanoal year and of its surplus or deficit for each finanaal year in aC(l)rdan with Ihe requirements of Sections 394 and 395 and which otherwise comply wtth the requirements of the Companies Act 2006 relating to finanaal statements. so far as applicabk to the tharilable company. The Tr)tes fomi part of these financial statements Page 5 ntin[...
Balance Sheet. continued 31 August 2(r22 These finanoal statements have been prepared in accoan the provisions applicable to charttable companie5 subject to the small companies regime. The financial statements were approved by the Board of Trustees and auth(yised for issue on 24th May..2023 .. and were on tts behaw by". Anna Mead - Trustee The rvjtes fomi part of these finanoal statements
for Yr Endal 31 August 2022 ACCOUPMNG POUCIES Basis ol preparing the financial Statnts The financtal slatements of the charitable company, whith ts a publ benefft entity under FRS 102. have been prepared in a(ance wtlh tho Charities SORP (FRS 102> 'Accounting and Rewrting by Charities." Statement of Rec£)mmended Practice applicable to chartties preparing their accounts in accordartce with the Financial Rew)ttng Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 20191.. Financial Reporting Starmlard 102 The Finanaal ReKM)rting Standard appIable in the UK and Republic of IrelarKI' arKI the Companies Act 2CK16. The finanaal ststements have been prepared under the historical st convention. Income All inconp is reo)Jnised in the Statement of Financial Acaivihes once the charity has entitlement to the furKls, it is probable that the income wll be reiVed and the amount can be measured reliabty. Expenditure Liabilities are recrynised as exp8ThJiture as scrfm as there is a legal or iJ)nstructive obligation commttting the charity to trtat expeThJtture. it is probable that a transfer of e(x)nomic benefits will be required in settlernent and the amount of the obligation can be m8asured reliably. Expenditure is acwunted for on an accruals basis and has been classified under headings that aggregate all cost related to the leg(y. Vvhere costs (xnnot be direcuy atiributed to parbcular headings they have en alkTr to athiknes on a basis cx)nsistent the use of resources. Tangible fixed assets DepreatIon is pr()vided at the folloNMng annual rates in order to wriie off each asset over its estirnated usefijl life. Plant arKI machinery Fixtures and ffttings 20% on cost - in aco)rdance ¥Mth the pr(ty Fixiures and fftlings are vffitt off on a straight line basis over the remaining term of the propety lease at the time of purchase. The (Jjrrent lease ends in Dmber 2028. Taxation The charity is exempl from corpcKat%)n tax C tis charTtabSe acthvitses. Page 7 ntinued...
East Mldlands Cheerfeading Acad for the YeAr End 31 August 2022 OTHER INCOME 2022 2021 Government grants Fees collected Gym hire Wodds FUndraing 32,229 120,707 4,810 24.965 492 173.606 4,060 36,268 213,934 183,203 During the previous year grdnts of £32.229 were r1V&1 from Covid-19 govemment support schemes. NEf INCOMW(EXPENDrruRE) Net in(L)mel{expenditure) Is stat&Y after drgI{cled"rtlng): 2022 2021 Deprecialion . owned assets 9,489 8,060 TRUSTEES, REMUNERATION AND BENEFrrs During the year the lJust8es received payments to remunerate them for the time spent on administrative matters perfomed for the charity. Anna Mead received £10,Crf)2 and Helena Zarzycki £20,IJ)4. Trustees, expSe9 There were no trustees. expenses paid for th8 year ended 31 August 2022 nor for the y8ar ended 31 August 2021_ COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund INCOME AND ENDOWMENTS FROM other InMe 183,203 EXPENDITURE ON Other 190,802 NEf INCOMFJ(EXPENDtruRE) 17,5991 Page 8 oJntinued...
East Midlands CheerI1ng Academy Noles to the Financial stateTh. contlnued for the Yr Ended 31 Augusl 2022 COMPARATIVES FOR THE STATEMEKf OF FINANCIAL ACTivmES- contlnued Untestricted fijnd RECONCILIATION OF FUNDS Total funds brought foThvard 249.687 TOTAL FUNDS CARRIED FORWARD 242,088 TANGIBLE RXED ASSErs Fiytures and ffttirys Plant and mathinery Totals COST At 1 September 2021 Additi(K 61.569 66,425 27.646 127,994 27,646 At 31 August 2022 61.569 94.071 155,640 DEPRECIATION At 1 September 2021 Charge f¢X year 61.569 13,645 9.489 75,214 9,489 At 31 August 20Z2 61.569 23,134 84,703 NEf BOOK VALUE At 31 August 2022 70,937 70,937 At 31 August 2021 52.780 52,780 Page 9 cDntinLd...
Notes to the Financlal Statern. continued for the Yw ErHled 31 August 2(r22 CREDITORS: Amoupifs FALUNG DUE wmiiN ONE YEAR 2022 2021 A¢¢rued expenses 1.891 1,284 MOVEMENT IN FUNDS Net movement in fijnds At 1.9.21 31.8.22 Unrestricted furKIs General fund 242.088 (21,417) 220.671 TOTAL FUNDS 242.088 (21,417) 220.671 Net movement in funds. induded in the ab)ve are as follo. Ino)ming Resources Movement resour expended in funds Unrestricted funds General ftjnd 213,934 (235.351) (21.417) TOTAL FUNDS 213,934 {235.351) (21,417) Net movement in fvnds At 1.9.20 31.8.21 Unrestricted funds General fund 249.687 (7,599) 242.088 TOTAL FUNDS 249.687 (7,599) 242,088 Page 10 (tinued...
for the Yr Ended 31 August 2022 MOVEMEiif IN FUNDS- conlinu Comparative net ffM)ven*nt in funds. Indj in the aLw)ve are as follows: Incoming Resources Movement resour expended in funds Unrestricted lunds Generdl fi 183.203 (190.802) (7,599) TOTAL FUNDS 183,203 (190,802) (7,599) There are rK> unrestricted fijnds hekl at 31 August 2022 or 31 August 2021. RELATED PARTY DISCLOSURES There Vre no related paty transaCtI(S frKthe year ended 31 August 2022. Page 11
East Midlands Chewleading Academy tlled stalem ot Flnancial Activilies for the Year Ended 31 August 2022 2022 Unrestricted ffijnds 2021 Total nds INCOME AND ENDOWMEp¥rs Other inconK4 Govemment grants Fees collected Gym hire Wodds Fundraisir 32,229 120.707 4,810 24.965 492 173,606 4.060 36,268 213.934 183,203 Total incoming resources 213.934 183,203 EXPENtMTURE Other Kit purchases Coaching costs Hall running Tickel purchases Wodds costs Other costs Fundraising costs Plant and maGhinery Fixtures and ffttings 19,720 67.007 63.446 24,631 45.347 4,325 26,825 42,170 94,262 4.179 10,376 3.241 405 272 7,788 9.489 233,965 189,518 Governance costs Accountancy fees 1.284 Total resources expended 235,351 190,802 Net income {21,417) (7,599) This page does rK)t form part ofthe statutory firkgncsal statements Page 12