##
|Charity
Information||
|---|---|
|Trustees'
Report||
|Independent
Examiners|Report|
|Statement of Financial Activities||
|Balance Sheet||
|Statement
of Cashf laws||
|Notes to the Accounts||
##
|Trustees for|the year;|the year;|Nikki Oakes, Choir (resigned 10'" May 2022,|Nikki Oakes, Choir (resigned 10'" May 2022,|Nikki Oakes, Choir (resigned 10'" May 2022,|Nikki Oakes, Choir (resigned 10'" May 2022,|Nikki Oakes, Choir (resigned 10'" May 2022,|reappointed|10'"|May|
|---|---|---|---|---|---|---|---|---|---|---|
||||2022)||||||||
||||Lesley Aldons, Treasurer||(resigned||10'" May|2022, reappointed||10'"|
||||May 2022)||||||||
||||Sam Copping,
Welfare Officer||||||||
||||Peter Moss, Committee|Member (resigned 10'" May 2022, reappointed|||||||
||||10'"May 2022)||||||||
||||Donna White, Committee||Member||||||
||||Shelley Chandler-Symes,||Committee||Member||||
||||Lisa Piagetti, Committee||Member (appointed|||10'"May 2022)|||
||||Betti Pinter, Committee|Member (appointed||||10'"May 2022)|||
||||Anna liza Murphy,
Committee|||Member (appointed 10'"|||May 2022)||
||||Laura Long, Committee|Member(appointed||||10'"May 2022)|||
|Address:|||Brinkley Grove Road||||||||
||||Colchester||||||||
||||Essex, CO4 5DS||||||||
|Charity registration||number.|1154320||||||||
|Bankers:|||CAP Bank||||||||
||||25 Kings
Hill Avenue||||||||
||||West MaI ling||||||||
||||Kent, ME194JQ||||||||
|Solicitors:|||Birkett Long of Colch ester||||||||
||||1Amphora
Place||||||||
||||Colchester||||||||
||||Essex, CO3 3WG||||||||
|Independent|Examiner:||Griffin Chapman||||||||
||||4 S.5The Cedars||||||||
||||Apex 12||||||||
||||Old ipswich
Road||||||||
||||Colchester,
Essex, CO7 7QR||||||||
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|||||Note||2022|||2021||
|---|---|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
||||||||6|E|E||
|Incoming
Resources|||||||||||
|Voluntary
Income|||||||||||
|Donations,
Grants,|Gifts|||5|50|1,800|1,850|92,642|72,623|165,265|
|Incoming Resources||from|||||||||
|Charitable
Activities||||5|704,873||704,873|445,082||445,082|
|Activities for Generating|||Funds||||||||
|Fundraismg,
vending,||clothing||6|42,089||42,089|22,076||22,076|
|Investments|||||938||938|1,515||1,515|
|Other Income|||||135||135||||
|Total Income|||||748,085|1,800|749,885|561,315|72,623|633,938|
|Costs ofGenerating||Funds||7|37,431||37,431|25,413||25,413|
|Charitable
Activities||Expenditure|||||||||
|Wages and Salanes||||8, 9|403,049||403,049|369,450||369,450|
|Equipment
costs|||||21,222|486|21,708|17,417|916|18,333|
|Premises costs|||||77,308||77,308|50,548||50,548|
|Gymnastics
costs|||||30,939||30,939|8,911||8,911|
|Fmance and Overhead||costs||10|81,826|3,117|84,943|73,099|3,117|76,216|
||||||614,344|3,603|617,947|519,425|4,033|523,458|
|Governance||||11|1,080||1,080|1,500||1,500|
|Total Expenditure|||||652,855|3,603|656,458|546,338|4,033|550,371|
|Net income / (expenditure)|||||95,230|(1,803)|93,427|14,977|68,590|83,567|
|Transfers
between|funds|||||||71,123|(71,123)||
|Net movement
in funds|||||95,230|(1,803)|93,427|86,100|(2,533)|83,567|
|Opening
Funds|||||1,034,876|66,476|1,101,352|948,776|69,009|1,017,785|
|Addition
to Funds|||||95,230|(1,803)|93,427|86,100|(2,533)|83,567|
|Closing Funds|||||1,130,106|64,673|1,194,779|1,034,876|66,476|1,101,352|
##
##
|||Ba|lance She|et as at 31st D|ecember 2022|||
|---|---|---|---|---|---|---|---|
||||Note|2022||2021||
|Fixed Assets|||12|||||
|Property||||736,350||736,350||
|Equipment||||138,784||142,947||
||||||875,134||879,297|
|Current
Assets||||||||
|Stock||||4,858||5,453||
|Trade Debtors||||3,840||4.028||
|Other Debtors and prepayments||||3,537||3,197||
|Bank Accounts||||530,417||456,734||
||||||542,652||469,412|
|Current
Liabilities||||||||
|Trade Creditors||||||1,583||
|income
in advance|||13|91,683||113,116||
|Accruais||||20,939||8,324||
|PATE/NIC/Pensions||||6,563||6,617||
|Short term loans lless than||1yearl||13,828||14,113||
||||||133,013||143,753|
|Current
Assets less Current||Liabilities:|||409,639||325,659|
|Total Assets less Current|Liabilities:||||1,284,773||1,204,956|
|Long Term Liabilities||||||||
|Mortgages
and long term|loans|||89,994||103,605||
||||||89,994||103,605|
|Total Assets less Total Liabilities:|||||1,194,779||1,101,352|
|Funds||||||||
|Unrestncted
Funds|||15|1,060,106||989,876||
|Restricted
Funds|||15|64,673||66,477||
|Designated
Funds|||15|70,000||45,000||
||||||1,194,779||1,101,352|
##
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|Statement|of Cashf|(ow|s|f|or the Y|ear Ended 31s|t December 2022||
|---|---|---|---|---|---|---|---|---|
||||||||2022|2021|
||||||||6|6|
|Cash flaws from operating|activities||||||||
|Net income/(expenditure)|for the reporting||||period||93,427|83,567|
|Adjustments
for:|||||||||
|Depreciation|||||||23,927|22,679|
|Loss / (Profit) on disposal
of property,||||plant and equipment|||||
|Decrease/(increase)
in|debtors||||||(153)|(1,525)|
|Decrease/(increase)in|stock||||||595|135|
|Increase/(decrease)in|creditors||||||(10,643)|105,867|
|Interest
paid|||||||5,924|5,135|
|Interest
recewed|||||||(938)|(589)|
|Net cash provided
by operating
activities|||||||112,139|215,269|
|Cash flaws from investing|actiwties||||||||
|Dividends,
interest,
rents|||||||938|589|
|Purchase of property,|plant and|equipment|||||(19,762)|(10,881)|
|Net cash provided
by|(used in) investing||||activities||(18,824)|(10,292)|
|Cash flows from finanong|activities||||||||
|Repayments
of borrowing|||||||(13,708)|(13,851)|
|Interest
Paid|||||||(5,924)|(5,135)|
|Net cash provided
by (used in) financing|||||activities||(19,632)|(18,986)|
|Cash flows from investing|and financial||activities||||(38,456)|(29,278)|
|Cash and cash equivalents|at the 1/1/22||||||456,734|270,743|
|Cash and cash equivalents|at 31/12/22||||||530,417|456,734|
|Change
in cash and cash equivalents||in|the||reporting|period|73,683|185,991|
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|ed assets costing E500or more are capit
imated
useful
lives as follows:|alised
at cost and depr|
|---|---|
|Fixed Gymnastics
Equipment|10to 25 years|
|Unfixed Gymnastics
Equipment|5to 10years|
|Premises
Improvements|10to 20 years|
|Office Equipment|3to 10years|
|Furniture
gi Fittings|5to 10years|
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|Wages &Salaries|381,629|344,624|
|---|---|---|
|social Security Costs|13,884||
|Pension Costs||4,910|
|StaffTrainmg Costs|2,186|4,132|
||403,049|369,430|
##
||||2021|
|---|---|---|---|
||||6|
|Discounts Allowed||10,111|7,959|
|Advertising||498|112|
|Printing,
Postage &Stationery||3,062|1,607|
|Telephone 8|Broadband|321|2,013|
|Insurance||4,965|4,150|
|Finance Fees||19,539|17,236|
|Interest Payable||5,924|5,135|
|Professional|Fees|10,659|12,341|
|Non Reclaimed VAT/(Recovered)|||(230)|
|Depreciation||23,927|22,679|
|Bad Debts||||
|Other Costs||5,937|3,214|
|||84,943|76,216|
##
##
|||Gym|Office|Fixtures &|Premises||
|---|---|---|---|---|---|---|
||Property|Equipment|Equipment|Fittings|Improvements|Total|
||f|6|6|f|E|E|
|Cost or Valuation|||||||
|At 1January 2022|736,350|186,100|5,363|3,422|65,243|996,478|
|Additions||4,363|1,955||13,444|19,762|
|Reclassification|||||||
|Disposals|||||||
|At 31December 2022|736,350|190,463|7,318|3,422|78 687|1016240|
|Depreciation|||||||
|At 1January 2022||(1D1,206)|(3,732)|(1,266)|(10,975l|(117,179)|
|Charged
in Year||(18,633)|(1,029)|(490)|(3,775)|(23,927)|
|Reclassification|||||||
|Disposals|||||||
|At 31December 2022||(119,839)|(4,761)|(1,756)|(14,750)|(141,106)|
|NBV at 31December 2022|736,350|70,624|2,557|1,666|63,937|875,134|
|NBV at31December 2021|736,350|84,893|1,631|2,156|54,267|879,297|
##
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|as foll|ows:|||||
|---|---|---|---|---|---|
|||||2022|2021|
|||||f|E|
|Within|one|year||6,967|9,891|
|Later|than|one year but within|five year|4,536|11,503|
##
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|2022||||Unrestricted|Designated|Restricted|2022 Total|
|---|---|---|---|---|---|---|---|
|||||E|E||E|
|Tangible||fixed assets||824,880||50,254|875,134|
|Debtors||||7,377|||7,377|
|Stock||||4,858|||4,858|
|Cash at|bank and||in hand|445,998|70,000|14,419|530,417|
|Current|liabilities|||(133,013)|||(133,013)|
|Long-term||liabilities||(89,994)|||(89,994)|
|||||1,060,106|70,000|64,673|1,194,779|
|2021||||Unrestricted|Designated|Restricted|2021 Total|
|||||E|f|f|E|
|Tangible|fixed assets|||825,927||53,371|879,297|
|Debtors||||7,224|||7,224|
|Stock||||5,453|||5,453|
|Cash at|bank and||in hand|398,629|45,000|13,105|456,734|
|Current|liabilities|||(143,753)|||(143,753)|
|Long-term||liabilities||(103,605)|||(103,605)|
|||||989,876|45,000|66,476|1,101,352|
|||||||2022|
|---|---|---|---|---|---|---|
|||Brought||||Carried|
|2022||Forward|Income|Expenditure|Transfer|Forward|
|||E||E||E|
|Unrestricted
Funds|||||||
|General
Reserves||989,876|748,085|(652,855)|(25,000)|1,060,106|
|Designated
Funds||45,000|||25,000|70,000|
|Tota I Unrestricted||1,034,876|748,085|(652,855)||1,130,106|
|Restricted
Funds|||||||
|Jack Petchey||4,841|1,800|(486)||6,155|
|ECGA Bursary||1,375||||1,375|
|Lighting
Award|/ Other|6,889||||6,889|
|Restricted
Fixed|Asset Reserve||||||
|Car Park 8 Equipment||53,371||(3,117)||50,254|
|Total Restncted||66,476|1,800|(3,603)||64,673|
|Per Accounts||1,101,352|749,885|(656,458)||1,194,779|
|||||||2021|
|||Brought||||Carried|
|2021||Forward|Income|Expenditure|Transfer|Forward|
|||6||6||E|
|Unrestricted
Funds|||||||
|General
Reserves||948,776|561,315|(546,338l|26,123|989,876|
|Designated
Funds|||||45,000|45,000|
|Total Unrestncted||948,776|561,315|(546,338)|71,123|1,034,876|
|Restricted
Funds|||||||
|Jack Petchey||4,257|1,500|(916)||4,841|
|ECGA Bursary||1,375||||1,375|
|Lighting
Award||6,889||||6,889|
|HMRC Furlough|Monies||71,123||(71,123)||
|Restricted
Fixed|Asset Reserve||||||
|Car Park
gr Equipment||56,488||(3,117)||53,371|
|||69,009|72,623|(4,033)|(71,123)|66,476|
|Per Accounts||1,017,785|633,938|(550,371)||1,101,352|
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