C)mpany reyhtr•Oon number 08538449 (England and W41gJl Charity r•gitratlon rkufflb•r 1154233 (Enghnd and Wales) EAST MIDLANDS CHEERLEADING ACADEMY ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025
EAST MIDLANDS CHEERLEADING ACADEMY LEGAL AND ADMINISTRATIVE INFORMATION Tru8teeB Alison Gill IaIn Huw Davie8 Robin Enderby Lisa Marie Trory Country of In¢ofPOrntlon United Kingdom (England and Wales) 08538449 Charlty wl¥trntSon England aThJ Wal85 1154233 Rogl$ler•d offl¢• 21 Handel Street Nottingham NG3 1JE Ind•p•ndgnt •Mminwr Rogers Spgn¢or Nawslead House Pelham Road Nottlngh8m NG5 1AP
EAST MIDLANDS CHEERLEADING ACADEMY CONTENTS Pag• Trust88s' report Indapandenl wrrdnerfs repDrt Statement of financial activities BalancAq shaét Statement of cash lows Notes to the financial ststements 9-16
EAST MIDLANDS CHEERLEADING ACADEMY TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 AUGUST2025 The trustee$ present their annual report and financial slatemenls for the yg8r ended 31 August 2025. The financial stslemènts have beèn prepared in cOrdanCe wrth the accvunling poliues set out in note 1 to the financial Statements and comply with the charity'5 goveming document, the Companles Art 2006. FRS 102 "The Financial Reporting Stsnllard appll¢ablg in the UK and Rèpubl of Ireland" and the Ch8rities SORP "Accounllng and Reporbng by CharTiie8'. Slalement of Récommended Pradi¢e applicable to charities pieparirbg their aeeounts in a¢¢ordgn¢e with th8 Finanaal Reporting Stondard applicable in the UK And Republ of Ireland {FRS 1021" Oble¢dvM •nd a¢tivltlg8 East Mldlands Cheerfeading Academy was aslablished to offer theerleading instruction Irs the lo¢al Nottingham )mmunity, wlh a particular emphasi5 on engaying young petsple under 18 in sport. Since Tts incepkn'on In 2008, the org8nls8lK)n'$ structure has evolved conslderably, both in terms of Ihg range of services providgd the demo9raphi¢s sgry9d. The trustees confim thal the ¢harity continues lo operate for publ1¢ benefit and that th•y have fulty adherod to the gUIdan i$5ugd by the Charty Commission r8garding public requirements. A¢hl•v•mgnts and perfonnanc• In the past tsyo years, the (4ub has gxperienced significant growth and now seffts ovèr m8mbars who partldpale in competilNe teams and recrèational dasses on 8 weekty basis. The dub has achitrved notable succesB al both domestic and international levels. While female members constitute the majority of the club. there is a smaller proportion of male partirApanls among both children and adulis. Membership is open lo indwiduals fr¢)m the age of thts8. With no upper age limit, and approximalety 504A of mèmbers are over 18. The club offets a cornpreh#n$ive suite of semces, including compoliliv8 teams, tumble dasses, rgcr8ational cheerlèading. opon wm session5. and babyltoddlgr stay & play programmes. Since its founding. EMCA h8$ expanded its Tead) beyond Nottingham, prowdlng opportunrties ranging from intemational-level cheèrleading lo weekly toddler social 8¢tW8S. Despite this growth. the Club's mission remains unchanged.. to foster a 8upporknve ¢ommunity environment for individuals of all ages lo rèmain active. leam •dèading, build friendshlps. 8Ad devdop skills in teamwork and mmItMent.
EAST MIDLANDS CHEERLEADING ACADEMY TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) ICONTINUED) FOR THE YEAR ENDED 31 AUGUST2025 Finn¢i#l review Al the end of the reporting period on 31 Augu312025, the charity roman$ in ¥ stsble finan(¥al posf(ion. Total incomo for tha yaar amount¥d to £687,562 {2024.. £553,861), an increasg of £133,701 compared to the previou$ year. Totsl expenditure for the year was £888.59312024.' £469,138}, an Inuease of £219,454 compared lo the preOU$ year. At y88r-end, the tharty held tol81 r68er¥e8 of £219,21JO, prowding fiexibility for operatlonal and strategic needs. The charws total a$$èt$ Stood at £301.122 Includlng ¢ash and langbble Ilxed agsets. atlitIeS totslled £21,260 rosuhing in a not ass8t po$Klon of £279.862. To enhance revenue $lwms beyond class, ticket. and kit sales, we contlnue to lease surplus floor space to both Nottlngham Unlwrsitios and bcal inslilulions. including small8[ thearfgading gyms and scools throughoul the East Midlands. We remain committed to our Scholarship and hardshlp fut)dlng, Ythid) is rewthved annually, promding ffinanci support to competrtive team athletes in need. This approach ensure8 IndugNe participation in cornpetitNe ¢heerfgadlng wllhln Ihg club. Last year, our landlord condudéd a renl rewew, resulbng in a stBggor8d Incr8898 agraemenl to reach the target rent of £58,000 per annum by the 2025r26 period. If the charity dec4des lo extgnd Its lease beyond Docomber 2028,11 may h8¥e to rèimburse Ihg landlo for prior rool repair eontribLrtrons. Reserves poli¢y Reserves are needed to bridge the gap between the ynding and reiving of resourc88 and to cover unplanngd emergency repalrs and other expendlture. Reserves al the year end are £219.200 (2024: 227,297), which a suffionI to rneet at least 3 months of expenses. Amhough th& ¢h8rity dogs not have a spè¢ific reserves policy. il continues to hold signffi(anl Cash lunds. whlch would bè mort than sUffiCnI to cover any unexpected c051s or loss of incom8 ovèr the nexl few years. In this upc(xnlNJ yoar a roseN8 policy will be in place lo formalise Ihe cash reserve held. Mqiorrisks The tw¥teesldire¢tors have 8 risk management strategy which comprises.. An annual rovi8w of lh8 fisks Ihe charity may face, di$¢USs al th¢ AGM of the Director5', thgse Indude ensuring that the Company has sufficient reserves to meet rts Ilabllllies and contingenciès. 8afeguardin9 and Ihe rlgk of Injury to parficApants. They alm lo e8lab1I8h systems and procedures to mitigate those risks Klenlffied in the plan., and the implementation of procedures desrgned to minimize any potonlial impad on the tharity should those risks materialise.
EAST MIDLANDS CHEERLEADING ACADEMY TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT> ICONTINUED) FOR THE YEAR ENDED 31 AUGUST2025 Pl&n• for future period8 The charity intends lo malnlain and build upon its current activities In tho coming years. This indudes continuing lo enhance revenue streams by leasing surplus floor space to univers&s, kjcal institutions, and smaller cheerfeading gyms and schools acro85 the East Midlands. The Organisatn rernains dedicated to sUppOng its aihleles through ongoing scholarship and hardship funding. ensuring indusive participation for eompetilivè team members in need. Addrtionally. thè charity will implernenl a fomal reserves policy in the upcoming year to bètter manage its significant cash funds. thereby safeguarding against unexpected $1$ or loss of income. The Iruslees will also monitor propety arrangements, including the planned staggered rent Increase and considerations regarding the lease extension beyond Dmbar 2028, which may involvè furlher financia obligations such as rèimbursèmènt for roof repairs. All these measures reflect the charity's ¢ommitment to responsiblè govarnancè and the continued delivery of publi benefit in line wth Charity Commission yuidance. S¢ru¢tyrn• gov•man¢e and managemont The charity is a company limited by guarantee. as defined by the Companies Act 2008, and is govemed by ts Memorandum and Artides. as amended by Special Re$olution. The tru$lee$. who are also thg d5rectors for the purpose of Company law, and who Served during the y88r and up to the date of si9nalure of th& finanaal statements were.. ain HLA¥ Dames Robin Enderby Lisa Marle Tiory Helena Anne Shields {Appointed 5 March 2025 and r&snad 4 June 2025> RrlIm$rt and appointment oftwslee$ Trustees. director5 and staff are able lo nominate suitable indiwduals lo act as Trustees prior to the AGM. Whèn considering the appointment of new directors and trustees. the existing Irust8as are gaèking a mix of experi8n and Skills. Th1$ will beoime ever more important in th• ftrture. as EMCA has grown ¢onsiderably ow Ihe last few years. The Artides of A$$1011n wovid8 for oneathird of the Directors to retire at each Annual General Meetlng. To date, the Compary has corfnwl wlth the same directors. who were all appoinlod in 2024. Tho Dir8Ctors have discretion lo norninale th•ir own Chairmon, and need not do so. oanA$allonal sttuctum The board of directors, which cuThenlly has four members, delegates th& day -to-day business of running of the charity, induding operational matters. finan, employment and 8rtis1Sc perform8n¢e related aCtity. to key management personnd. who are the indwldvals who hod Originally been involved In setung up EMCA and had be8n Instrumgntal In it achieving its current succe$$. In accordance wh the Articl&s of Association, the Board meg15 annual. The Board also liaises wilh thes• key management personnel as and whèn r8quir8d on an ad hoc basis over the u>urse ofthe year.
EAST MIDLANDS CHEERLEADING ACADEMY TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT> {CONTINUED FOR THE YEAR ENDED 31 AUGUST 2025 Induthon and tr8iningof tnte8ts New trustees a briefed on ded3ionwm8king processes, the bu$ine$$ FAan and rec8nl financlal yrformance of th9 charmy, th8 management slrudure and thg Memorandum and Arlicles of Asso¢iatknn. They also meet kgy employeas and other tnjstees. To reflect the growih of EMCA, it is proposed to hold more detaibd Inductlon days In fubJr8 Including, If requlred. brlefirys on company18w, ¢harity law aThJ public bgnefiL Trnstees ore encouragod to attand appropriat• extemal training events where t$0 w611 tsa"lilats the und8rtan9 of their role. Remuneratlon polley The pay and remuneratKn of key management per%Jnnel within th8 charity will bè deterrnined through a process of benchmarknng gg8inst comparabla foles in the cheerfeading industry, ensuring th81 SalWS remain eompelilive and refled sector $tsndatds. This benchmathng exercise take inlo account factors such as, scope of responsibiles, and iegional variations to establish fair and appropriate compensation. Recommendations regarding pay and remuneration will be submitted to the board of Iruslees. who wlll review and approve all proposed aNangemènls. The board w1 periodically r•4valuatÈ these decisions lo ensure contlnuéd alignment wrth industry benchmarks and the carty's finarkial 8ustslnability. rnainlaining transparency and accountability throughout the process. OfIrmerIer$ The following Indiu01$ con$ld&red to bè kèy management personnel as thoy make the day lo day declslons running the charTrty and they are rernunerated dutias p8rfomi8d: Anna M?*d Anthony Ridgeway Helena Shiekls Th¥ Irustees, reportwas approved by the Board of Twstses. Cknin.DaMes@W5p.com 21.06.2028 Owain.Davie5@wsp.com ain Huw Davles Trusts0 Date.. 2110612026
EAST MIDLANDS CHEERLEADING ACADEMY INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF EAST MIDLANDS CHEERLEADINGACADEMY I report lo the Iruslees on my examination of the finantial st8lemenls of Easl Midlands Cheerteading A¢*1emy (Ihe ¢harityl foT th8 year ended 31 August 2025. Re?pon3lbSllU•¥ •nd bA•l$ of report As the trustees of the charlty land 81$0 its diractors for the purposes of company law}, you are responsible fw the PfeP8r¥lion ofthe financial slalements In acwdan¢e with the requiremenls ol tha Companies Act 20C6. Having satisfied mysew Ih8t the financial statements of th8 charity are not required lo be audited under Part 16 of the Companies Act 2006 8nd are eligible for indepèndent gxaminalion. I report in respeia of my èxamination of the charity's financial Blatemenls carld out under section 145 of the Charities Act 2011. In carrying oul my examination I have followed the Direcbons given by the Charity Commlsslon under seciion 1451Sllb) of the Charrtios Act 2011. Ind•pond•nt oxamlnorfs statgment Since Ihe charity's gross incoma exc99dod Q50.0, the ind¥p&nd•nt examiner musl be a member of a body listed in section 145 of the Charities A¢t 2011. 1 confim that l am qu81ified to undertake the examination because 1am a member of the InslrLule of Chartered Ac¢ounlants in England and Wak$. which Is of the listed bodies. I h8ve Completed my examination. l ¢onffim that no matters have com& to my attention in oonnection with the èxaminalion glving me causa to believe that in any rnaterlal respeci.. accounting records wera not kept In r8sp9ol of Ihe charity as roquired by $8Gtion 386 of the Comp¥nie$ Act the finanrAal statement5 dts not accord with those records., or the financlal stslemenl$ do not compty with the accounting r8quiremenls of wtion 396 of the Companies Act 2006 otheT Ih¥n any rèquiramant that the financial sl8lementS give a true and faif view. whi¢h is not a matter consldered as part of an indèpendent examination., 01 the financial $181ements have not been prepared in acCOrdar with the melhDd$ and prrnciples of the Slalemenl of Recommend¥d Practice for a¢un9 and rèporting by chariliÈs applicAblè to charit$ preparing their financial statements in awdance with th8 Financial Reporting Standard applicab in the UK and Republic of ITeland (FRS 1021. I have no concem$ and have come across no other matters in connection with the examination lo which attention should be drawn in this report in order lo enable a prop8r underslanding of the Ionancial statements to be reached. Lisa Johnston FCA for and on behaK of Rogers Spencer Newstead Hou$e P8lham Road Nottingham NG5 1AP Date.. ..2.e.
EAST MIDLANDS CHEERLEADING ACADEMY STATEMENT OF FINANCIAL ACTMTIES IIMCLUDING INCOPAE AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 AUGUST 2025 Unr•slricted Unr•stri¢lod fund# funds 1025 2024 Motas In¢ome from.. Charrtable aclivities 687,562 553,861 Totsl in¢om• 687.562 553,861 ExpendiluTr on: Chgritatk othvitias 688,593 469.138 Total expfrndltur• 688.593 469,138 N•t in¢om•l(oxp•ndilur•) and mov•m•nt in fund8 11,0311 84,723 R•¢on¢ili•tion of fvnd: Fund balan¢•s al 1 S8pl8mb8r 2024 280,893 196,170 Fund balances at 31 Augusl 2025 279,862 280,893 The ststemenl of finantial a¢tiwls in¢lud&$ al gains and lo$s¥s re9Th1$¥d in th• year. Al income and expendrtur• dèrive from continuing activities.
EAST MIDLANDS CHEERLEADING ACADEMY BALANCE SHEET ASAT31AUGUST2025 2026 2024 Flx•d assèts TaThJible assels 1D 60.662 53,596 Currnnt ass•t8 Debtors Cash 81 bank and in hand 11 5.792 234,668 5,B49 241,833 240.480 247,662 Credltors: amounts lalllng du• wlthln one year 12 (21.260} (20.3851 N•t ¢urronl lssèts 219.200 227,297 Tot*1 •¥#ets le•$ ¢urr•nt liabilities 279,862 280,893 The fund¥ of the ¢harlty Unre51ricted fijnds 14 279,882 280,893 279,862 280,893 The company is entitled to the exemption from the audit requirsm&nt contained in section 477 of the Companbs A 2006, for the year gnded 31 August 2025. The directors acknowledge thèir r•sponsibilities for complying wlh the requlrements of the Componies Act 20C with resped to accounting records and the preparBtion of financial statements. The membeffs have not required thè company to obtaln 8n audit ol Ils finanaol statements for the year in question In accordance wblh 8e¢tlon 476. These finan(4al stalernttnts have been prepaT8d in acxordance the provisions applicpblg to ¢ompani•s subiecl to Ihe small companies reglme. 2110612026 Tha finanaal stat•m8nts were approved by the Iru3tee$ on ......................... Owak).Dle&typ.cQM 21.Ck8.2026 Owain Huw Dawes Trustse
EAST MIDLANDS CHEERLEADING ACADEMY STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 AUGUST 2025 2026 2024 Cash from op•ratlng o¢tlvlti• Cash g8neTated from op8ration$ 17 21,402 124,266 Inv•8tlng 4¢11vltlo• Purchow of tsnglble fSxed assets {28,567) (11.9)2) t cah used In Inv•6tlng aGllvltle• (28.567) {11,9021 N•t ¢ash 9gn•ral•d from fiMn¢lng actlvltl•¥ N•t {d•cr•aJ•VinGr•as• In cash and cash equlvalents Cl.1651 112.364 Cash and cash equfvants 81 t*glnnlng of y&ar 241.833 129,469 Cash and cash •quiv•l•nts at •nd of y•ar 234,668 241.833
EAST MIDLANDS CHEERLEADING ACADEMY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 Accountlng poll¢l•s Charfty Inforniation East Midlands Chèèrl&ading Academy is a private company linited by guarantee Inc0rat in England and Wales. The registered office is 21 Handel Slmt. Nottlngham, NG3 1JE. 1.1 Basls of pr•parntion The financial Btatèmènts ha been prepared in aCrdanCe wtth the charity's goveming docyjment. Ih Companies Act 20C. FRS 102 'The Financial Reporting Standard applicable in Ihe UK and Republic ol Irfjland" and the Charitfjes SORP "Accounting and Rèporting by Charities.. Statement of Re¢ommendad Praelicè applicable lo tharities preparing thelr accounts in acrdanCe with Ihe Financial Reporting Sl8nd#rd applicable in the UK and Republic of Ir•land IFRS 1021" The charity is a Public Benefft Entity as d6fine¢J by FRS 102. The finanaal 5tatem•nts are prepared in Ste19. whKh is the functi¢)nal currency of the charity. Monetsry amounts in these financlal statements are rounded lo the neaT9$1 £. Thg financial statements have be8n prepared under Ihe h18torOc81 cost convention. The prinrApal acg)unllng pollcl0$ 8dopted are set out bekjw. 1.2 Going concem At tha time of approwng the financlal ststemenls. the Iruslè88 have 8 Te8sonable expectation that the ¢harfty has adequate resources lo ¢onlinug In operational existence for the for8seèable fthure. Thus the tru$lee$ continue to adopt th• going conrn basis of accounting in preparing the financial statements. 1.3 Charflabla funds unsITICÉed funds are av8118blg for use at ihe discretion of th9 trusl88s in furlheran¢e of thèir charitabl8 objectives. Restricted funds are subjg¢t to $pecffic condibons by donors or grantors as lo how they may ba used. T purposes and use¥ of thè r•striet8d funds are set out In the notes to the financlal stalemenls. 1.4 Incom• Income is recognised when the charity is l$gally entitled to il after any perfomiance wndrfions have been mèt, the anUnIS ln be measured reliably. and il 1$ probable that income will be 1ved. Cash donations ara f8cogni5ed on reuipl. Other donations are recogni oneL the charity has been nolffjed of the donalion, unless performance condOnS require deferral of th8 amount. Income tax Tecoverdble in relation to donalion$ re1Ved under Glft Ald or daads of covonanl IS Tecogni$•d at tho time ofthe donati)n. LegadÈs ara reD)gnised on recelpl or oth8rwlse rf the charity has b8•n t)otifl&d of an Impending distrilwlion. tho amount 1$ known. and receipt 1$ 8xp8Ct8d. If the amount is not knvwn, the legacy is Irealed as a contingtrnt asset. 1.5 Exp•ndlture Expenditure is regnIj once there is a legal or Cons1rLa obligation lo transfer economie bènefit to a Ihird paty. it is probable that a transfer of economlc beneffts will be required in settlement. and the amount of the obligation can te measured reliably. Expendbture is dassified by activty. The fmls of each activty are made up of thg totsl of direct ctssts and sharèd costs, irtcluding support oJs15 invofved In und&rtaking each aclivity. Dirèct eosls attributable to a sing activity are allocated diractty to that Aiwty. Shared costs whKh contribute lo rn0 than one aCti1ty and SUPPOrt cos15 which are not attribLrtable to a single 8CtNily are apportioned b?een those activitK?s on a basis consislenl with the use of r8sources. Centr81 Staff costs arè allocated on the basis of time spent, and depreciation charge$ are allo¢ated on the PO0 of the asset's use.
EAST MIDLANDS CHEERLEADING ACADEMY NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 A¢¢ountlng poN¢l•¥ (Contlnuodl 1.6 Tangibh fix•d as9•ts Tangible fixed a8¥ets are initk41ty me4¥ured at cost and 8ubsequentty measurpd at COSt or valuallon, net of depretyalitin and any impairment108ses. Depro¢ialion is re159 so as to write off the cost or valuation of assets less their residual valugs ¢)ver thelr u8ofiJl Ilve8 on the following ba8es'. Leasohold Improvornents Plant and equlpmgnl Fixtures and frtungs straight line over aGe lemi 20% on cost In accordance wllh the wopety The gain or108s ar(sing on thè disposal of an asset is delerniined as the drfferen btheen the sale prc¢eeds and the carrying value of the asset, and is reo)gnised in the statement of finBncial actwtties. 1.7 Imyirnient of fixed assets At each reporting end d81e, the tharity reewS the carrying amounts of its tangibl8 assets to d0lomiin& wholr there is any indication that tho8e a33ets have suffered an impairment bss. If any such indirxtion 9x1315, the recoverable amount of the a83et is e3timatsd in order lo det8rmin8 the extent of Ihe impalrmenl loss lrfanyl. 1A Cuh and ca¥Jh equivalvni¥ Cash and cash equivalents indude cash in han(I, deposits hald at cg11 wlh banks, other short-term liquid inv8slments with orKdinal maluribes of thr•8 months or k$$. and bank ovardrofts. Bank overdrafts are shown wlthln borrowfngs cuThenl liabilities. 1.9 Employ•e n•fitS Th& ¢o$t of any unu$•d holid¥y enlitlemenl is recognised in the period irt whKh the employ•8'5 sarvlcas are r1ve1. TeinatiOn beneffts are Tecogrllsed immediatety as an expense when the tharity is demonstrabty eommitt•d to teminate the empkJyThenl ofan employee or lo provide termination benefits. Crltlcal accounting Mtimat•• and judg•m•nts In the appliixlion of the th8Titl3 accounting ptsliThes, the Irustpes are required lo make judgements, e$timatg8 and assumptions 8boul the carrying amount of a35els and liabilthes th81 are not readify apparent from other sourcos. The estimate8 and a83>al9d as8umplion8 ale bas8(l on historical experience and othgr tsctors that are considered lo be relevant. Actual results may drfreF from these estimate5. The eslimales and undertying as5umpiions are reviewed on an ongoiro basis. Revisn5 lo accounting es1imales are recognlsed in the period in which the estimate is revised wher8 th8 r8wsKJn affe¢ts only that perd. or in the per*Jd of the revision and future periods whore the reVisn gffgcls both current and firture per9. 10-
EAST MIDLANDS CHEERLEADING ACADEMY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Inc(bm• from charitsble activities Unv•gtriclpd Unrn¥tri¢l¢d funds lund• 2025 2024 Fev ¢ollected Gym & floor hir• Wortd$ & ¢ompelitions Uniform & knt hire Sales and Cafe incom Pro shop Incom8 Squar8 sales Other income 408,486 20.835 214.236 12,040 12,786 11,018 8,161 397.000 15,907 118,101 22,153 700 687,562 553,861 ExpendSture on charltbl• a¢tlvltl•$ Running of Running of th• •c•demy the •cademy 2025 2024 Dirè¢t tosts Kit purchases Coaching Compelllkin entry costs Showcase and awards night costs Cafe cos15 Pro Shop ¢o$l$ 17,28B 216,253 289,612 11.432 5.066 14,421 18,032 120,916 207,122 5.651 $54,074 351,721 Sh•r of ¥upport and governanc• ¢Mts (••• noto 51 Support Govem8n¢4 130,619 3.900 115.217 688,593 489.138 Analysis by fund Unrestricted funds 688.593 469,138 11
EAST MIDLANDS CHEERLEADING ACADEMY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST2025 Support costs allocat•d to a¢OvlUe• 2025 2024 D9platIOn Rents Rale5 & ublrbes Cleaning & waste expens85 Insurance IT oxpensgs Professional fè9$ Volunteer gxpgnses Repairs & rnaintenance Sundry expen8e8 Bonk fees GovemancE 21,502 57,OCXI 21,$14 7,238 1,928 3,626 1,532 122 8,846 3,901 544 6.768 16,166 54.000 15.955 5.887 2.LX)7 4.145 8,779 4,548 3,041 2.2 134.519 117,417 Analys•d ts¥¢en. Running of the académy 134.519 117.417 2025 2024 Gov•rnanGo ¢osts ¢omprls¢: 3,900 2.200 staff eosts 6,768 2,200 Not movoment In fun 2025 2024 The net movement in fvnd$ 1$ 5taleil after chargingllcrediting).. Fe&$ payable Its the Charills independent examinor.. - for the Independent examination oflhe tharily's finanaal slatemonts - for other finanaal senAces D8pr8Lyatn of rywnod tanglt4e fixed assets 1.200 2,700 21,502 16.186 Tvuste A promsion in tha goveming docum8nt oflhe ¢h¥rily h8$ allowed trustee5 to receive payments during the year lo Temunerate them for the time Spent on admin18tral8 matter8 rf0M)ed for the ¢harity. Helena Shi8ld8 raeeived £23,37812024 .. £20,004>. 12-
EAST MIDLANDS CHEERLEADING ACADEMY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED FOR THE YEAR ENDED 31 AUGUST 2025 Employee$ The average monlhty number of employees durirvj thg year was.. 2025 Number 2024 Number Employment ¢o•ts 2025 2024 Wages and salarios Other pgnsion $ts 107,382 1,425 73.391 108,807 73,391 Key management p•rsonn•l received remuneration in the year of £86.496. There were no empk)yees whose annual remuneration was mora Ihan £60.000. Taxatlon The charity18 exempl from tsxalion on ils aclivilies because all its income is applied for charitable purposes. 10 Tangibh Ilx•d •s$•t• L•hOld P111 ttnd FL%iurn8 and knprov•monts •qulpm•nt fltllng• Cost At I Sepl8mb8r 2024 Addllions 61,569 105.974 589 167.543 28.567 20,494 At 31 August 2025 20,494 69,053 1{.563 196,110 Dopr•clation and impairni¢nt Al 1 September 2024 Deprgoation charged in the year 61.569 424 70.083 131,652 3,796 3.372 Al 31 August 2025 3.372 61.993 70,083 135,448 Carylng amount At 31 August 2025 17,122 7,060 36.480 60,882 Al 31 August 2024 53,596 53,596 13-
EAST MIDLANDS CHEERLEADING ACADEMY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 11 Debtors 2025 2024 Amounts tslllng du• wlthln on• ytsr: Trade deblo Other debtors Prepayments and accrued income 1.679 1.293 2.820 5,849 5.792 5,849 12 Crndltors: amounts falllng du• wlthln on• y•ar 2025 2024 Deferred incomè Ace4u8l8 13 15.2 6.060 18.225 2.160 21.280 20.385 13 D•f•rr•d incom• 2024 Other deferred income 15,200 18.225 Deferred Income Is Induded in the ffinancial slalements as follows: 2025 2024 Defèrred Income i8 included wthln.. Current Ilabllttles 15,200 18,225 2025 2024 Movements In the year.. Deferred income at 1 Septgmbgr 2024 Ral8ased from prewous period5 Resource8 deferred in the year 18,225 118,225) 15.200 18,225 Deferred In¢om& al 31 Augu$t2025 15.2 18,225 Deferred in¢omo reprasénts amounts r•Cad in th8 period that ralatè to wents in th• folbwlng period. 14-
EAST MIDLANDS CHEERLEADING ACADEMY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST2025 14 Unr•stri¢t•d fund> The unrfrslr5rt9d funds ofthe charity comprise the un¥xp•ndad balances of donation3 and grants whith 8re not subjeet to specific cond'0n$ by donors and grantors as lo how they may be used. These indude doslgnaled fuThJs whlch have been sel aside out of unrestricted fund$ by the tru$te85 for spe¢ific purposes. Incc41)Ing S•ptsmber moure•# 2024 R•SoUrc AI 31 August •xp•nd•d 2025 G•iieYl fvnds 280,893 87.562 1688.593} 279,862 Prgvk•u$ ygar. Incomlng resource8 Rgiour¢e• At 31 AugU$t •xp•nd•d 2024 Sfrptsmr 2023 General fund8 196.170 553,861 489,1381 280.893 15 Operating le¥•e ¢omMIthntS At the reporting end date the ¢hority had outstaThJing comfflilments for future mlnlmum l•as8 payments under non-cancellable oper8tSng 8$8$. whi¢h fall due a$ follows.. 2025 2024 thin one year Bgtsveen tsvo and ffive years 57.000 174,000 116.( 174.( 231,000 Lease paymènts recognised as an exp8nse amounted lo £57,00012024.' 54,0001. 16 R•lat•d party transa¢tioM There wer8 no disclosable related party transactions during Ihe year (2024- none). 15-
EAST MIDLANDS CHEERLEADING ACADEMY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST2025 17 Calh g•n•ratod Irom DratiOnS 2026 2024 {Deficitl1surpS for th8 ar (1.031) 84,723 Adjustsnonts for. Depreaation and impaimienl oftanglble flxed a8s8ts 21.502 16.166 In worklng capital". D¥cr8asè debtors Increase in crgditors (Decreaseifincroase in deferred income 4.451 701 18,225 3,900 13.025) C•sh g•Mrntrd from op•raUons 21.402 124,266 18 Analysis of chang•8 in n•t funds Tho charity had no malarial dabt during the Or. 16-