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|Charity
Information||
|---|---|
|Trustees'
Report||
|Independent
Examiners|Report|
|Statement of Financial|Activities|
|Balance Sheet||
|Statement ofCashflows||
|Notes to the Accounts||
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|Trustees for|the year:|the year:|hlikkl Oakes, Chair||||||
|---|---|---|---|---|---|---|---|---|
||||Steve Morcombe,|Treasurer|||||
||||Sam Copping,
Welfare Officer||||||
||||Peter Moss, Boys Representative||||||
||||Angelique
Halbach,|Girls|Representative||||
||||Sam Blackwell, Committee|||Member|||
||||Donna White, Committee|||Member|||
||||Shelley Chandler-Symes||(appointed||09,01.2020), Committee|Member|
|Address:|||Brinkley Grove Road||||||
||||Colchester||||||
||||Essex, CO45DS||||||
|Charity registration||number:|1154320||||||
|Bankers;|||CAP Bank||||||
||||25 Kings Hill Avenue||||||
||||West Mailing||||||
||||Kent, ME194JQ||||||
|Solicitors:|||Birkett Long ofColch ester||||||
||||1Amphora
Place||||||
||||Colchester||||||
||||Essex, CO3 3WG||||||
|Independent|Examiner:||Griffin Chapman||||||
||||4 gr 5The Cedars||||||
||||Apex 12||||||
||||Old Ipswich
Road||||||
||||Colchester||||||
||||Essex, CO7 7QR||||||
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|||||Note||2020|||2019||
|---|---|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
||||||6|E|6|6|6|6|
|incoming Resources|||||||||||
|Voluntary
Income|||||||||||
|Donations,
Grants,|Gifts|||5|51,981|139,624|191,605|138|67,395|67,533|
|Incoming Resources|from||||||||||
|Charitable
Activities||||5|379,527||379,527|689,815||689,815|
|Activities for Generating|||Funds||||||||
|Fundraising,
vending,||clothing||6|25,640||25,640|56,929||56,929|
|Investments|||||720||720|561||561|
|Other Income||||5|4,693||4,693|53,875||53,875|
|Total Income|||||462,561|139,624|602,185|801,318|67,395|868,713|
|Costs of Generating||Funds||7|11,300||11,300|41,842||41,842|
|Charitable
Activities||Expenditure|||||||||
|Wages and salanes||||8,9|387,962||387,962|450,744||450,744|
|Equipment
costs|||||18,797|568|19,365|30,599|5,708|36,307|
|Premises costs|||||53,742||53,742|51,880||51,880|
|Gymnastics
costs|||||4,973||4,973|27,322||27,322|
|Finance and Overhead|||costs|10|72,578|3,117|75,695|113,145|653|113,798|
||||||538,052|3,685|541,737|673,690|6,361|680,051|
|Governance||||11|1,804||1,804|1,000||1,000|
|Total Expenditure|||||551,156|3,685|554,841|716,532|6,361|722,893|
|Net inmme
/ (expenditure)|||||(88,595)|135,939|47,344|84,786|61,034|145,820|
|Transfers
between|funds||||136,147|(136,147)||653|(653)||
|Net movement
in funds|||||47,552|(208)|47,344|85,439|60,381|145,820|
|Opening
I-unds|||||901,224|69,217|970,441|815,785|8,836|824,621|
|Addition
to Funds|||||47,552|(208)|47,344|85,439|60,380|145,820|
|Closing Funds|||||948,776|69,009|1,017,785|901,224|69,217|970,441|
##
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||||Note|2020||2019||
|---|---|---|---|---|---|---|---|
|Fixed Assets|||12|||||
|Property||||736,350||736,350||
|Fixed Assets - Equipment||||154,745||||
||||||891,095||912,953|
|Current Assets||||||||
|Stock||||5,588||4,471||
|Trade Debtors||||3,147||13,621||
|Other Debtors and prepayments||||2,552||2,549||
|VAT||||||3,008||
|Bank Accounts||||270,743||||
||||||282,031||315,990|
|Current
Liabilities||||||||
|Trade Creditors||||104||5,286||
|Income
kn advance|||13|11,648||89,850||
|Accruals||||5,415||18,998||
|PATE/NIC/Pensions||||6,606||6,412||
|Short term loans (less than||1year)||13,841||11,911||
||||||37,614||132,457|
|Current Assets less Current||Liabilities:|||244,417||183,533|
|Total Assets less Current|Liabilities:||||1,135,512||1,096,486|
|Long Term Liabilities||||||||
|Mortgages
and long term|loans|||117,727||126,045||
||||||117,727||126,045|
|Total Assets less Total Liabilities:|||||1,017,785||970,441|
|Funds||||||||
|Unrestricted
Funds|||15|948,776||901,224||
|Restricted
Funds|||15|69,009||69,217||
##
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|||||2020|2019|
|---|---|---|---|---|---|
|Cash flows from operating
activities||||||
|Net income/(expenditure)
for the reporting||period||47,344|145,820|
|Adjustments
for:||||||
|Depreciation||||23,687|16,618|
|Loss /(Profit)
on disposal
of property,||plant and|equipment||2,401|
|Decrease/(increase)
in debtors||||13,479|(12,376)|
|Decrease/(increase)
in stock||||(1,117)|1,546|
|Increase/(decrease)
in creditors||||(94,844)|1,656|
|Interest paid||||5,762|8,181|
|Interest received||||(720)|(561)|
|Net cash provided
by operating
activities||||(6,409)|163,285|
|Cash flows from investing
activities||||||
|Dividends,
interest,
rents||||720|561|
|Purchase of property,
plant and|equipment|||(1,829l|(110,877)|
|Net cash provided
by (used in) investing||activities||(1,109)|(110,316)|
|Cash flows from financing
activities||||||
|Repayments
of borrowing||||(8,318)|(3,730)|
|Interest Paid||||(5,762)|(8,181)|
|Net cash provided
by (used in) financing||activities||(14,080)|(11,9111|
|Change
in cash and cash equivalents|in the|reporting|period|(15,189)|(128,908)|
|Cash and cash equivalents
at the 1/1/20||||292,341|251,283|
|Cash and cash equivalents
at 31/12/20||||270,743|292,341|
|Changein
cash and bank||||(21,598)|41,058|
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|d assets costing E500or more are capit
mated
useful
lives as follows:|alised
at cost and depre|
|---|---|
|Fixed Gymnastics
Equipment|10to 25 years|
|Unfixed Gymnastics
Equipment|5 to 10years|
|Premises
Improvements|10to 20years|
|Office Equipment|3to 10years|
|Furniture
& Fittings|5to 10years|
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|9.ANALYSIS OF STAFF COSTS|||
|---|---|---|
||2020|2019|
||E|E|
|Wages
ik Salaries|372,764|421,701|
|Social Security Costs|9,676|16,983|
|Pension Costs|3,858|5,310|
|Redundancy
Payments|0|1,816|
|StaffTra ini ng Costs|1,664|4,934|
||387,962|450,744|
##
||||2020|2019|
|---|---|---|---|---|
||||E|E|
|Discounts
Allowed|||4,812|11,358|
|Advertising|||462|1,810|
|Printing,
Postage gi Stationery|||1,062|1,941|
|Telephone
gi|Broadband||1,791|2,039|
|Insurance|||3,617|2,959|
|Finance Fees|||14,739|21,288|
|Professional|Fees||16,209|13,886|
|Non Reclaimed||VAT|5,575|33,167|
|Depreciation|||23,687|16,618|
|Bad Debts|||548|(543)|
|Other Costs|||3,193|9,275|
||||75,695|113,798|
##
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|12.FIXEDASSETS|||||||
|---|---|---|---|---|---|---|
|||eym|Office|Fixtures &|Premises||
||Property|Equipment|Equipment|Fittings|Improvements|Total|
||E|E|E|6|E|6|
|Cost or Valuation|||||||
|At 1Janua ry 2020|736,350|175,036|3,716|3,422|65,242|983,766|
|Additions||1,320|509|||1,829|
|Reclassificatioa|||||||
|Disposais|||||||
|At 31December 2020|736,350|176,356|4,225|3,422|65,242|985,595|
|Depreciation|||||||
|At 1January 2020||(63,995)|(2,552)|(286)|(3,980)|(70,813)|
|Charged
in Year||(19,049)|(6381|l490)|(3.5101|(23,687)|
|Reciassification|||||||
|Disposais|||||||
|||(83,044)|(3,190)|(776)|(7,490)|(94,500)|
|NBV at 31December 2020|736,350|93,312|1,035|2,646|57,752|891,095|
|NBV at 31December 2019|736,350|111,041|1,164|3,136|61,262|912,953|
##
##
|At year-end,
the Charity
has ou
due as follows:|tstanding
c|ommitments
un|der non-canc|
|---|---|---|---|
|||2020|2019|
|||f|E|
|Within one year||10,989|14,454|
|Later than one year but within|five year|21,396|24,225|
##
|2020||||Unrestricted|Designated||Restricted|2020 Total|
|---|---|---|---|---|---|---|---|---|
|||||6||6||6|
|Tangible||fixed assets||834,607|||56,488|891,095|
|Debtors||||5,699||||5,699|
|Stock||||5,588||||5,588|
|Cash at|bank||and in hand|258,222|||12,521|270,743|
|Current|I|iabi|I ities|(37,614)||||(37,614)|
|Long-term||liabilities||(117,727)||||(117,727)|
|||||948,776|||69,009|1,017,785|
|2019||||Unrestricted|Designated||Restricted|2019Total|
|||||8||||6|
|Tangibi|e|fixed assets||853,525|||59,428|912,953|
|Debtors||||19,178||||19,178|
|Stock||||4,471||||4,471|
|Cash at|bank||and in hand|282,552|||9,789|292,341|
|Current|liabilities|||(132,457l||||(132,457)|
|Long-term||liabilities||(126,045)||||(126,045)|
|||||901,224|||69,217|970,441|
##
||||||||2020|
|---|---|---|---|---|---|---|---|
||||Brought||||Carried|
|2020|||Forward|Income|Expenditure|Transfer|Forward|
||||||F.|||
|~nre ~ric||||||||
|Free Reserves|||901,224|462,561|(551,156)|136,147|948,776|
|Designated
Funds||||||||
|Tata
I Unrestricted|||901,224|462,561|(551,156)|136,147|948,776|
|805)OS300 Flanes||||||||
|Jack Petchey|||3,225|1,600|(568)||4,257|
|ECGA Bursary|||175|1,200|||1,375|
|Lighting Award|/|Other|6,389|500|||6,889|
|HMRC Furlough||Monies||136,324||(136,324)||
|R
ri
ed Fixed||Asset Reserve||||||
|Car Park lk Equipment|||59,428||(3,117)|177.00|56,488|
|Tota
I Restn cted|||69,217|139,624|(3,685)|(136,147)|69,009|
|Per Accounts|||970,441|602,185|(554,841)||1,017,785|
||||||||2019|
||||Brought||||Carried|
|2019|||Forward|Income|Expenditure|Transfer|Foi'wai'd|
|UDrr~ntgit
Fu~nd||||||||
|Free Reserves|||808,965|801,318|(716,532)|7,473|901,224|
|Designated
Funds|||6,820|||(6,820)||
|Tota
I Unrestricted|||815,785|801,318|(716,532)|653|901,224|
|Jack Petchey|||2,272|2,250|(598)|(699)|3,225|
|ECGA Bursa ry|||175|1,200||(1,200)|175|
|Ughting
Award|||6,389||||6,389|
|R
fl
Fix||iv||||||
|Car Park gr Equipment||||63,945|(5,763)|1,246|59,428|
||||8,836|67,395|(6,361l|(653)|69,217|
|Per Accounts|||824,622|868,713|(722,893)||970,441|
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