##
|Charity
Information||
|---|---|
|Trustees'
Report||
|Independent
Examiners|Report|
|Statement of Financial|Activities|
|Balance Sheet||
|Statement ofCashflows||
|Notes to the Accounts||
##
|Cha rity|Information|Information|||||||
|---|---|---|---|---|---|---|---|---|
|Trustees for|the year:||Nik ki Qakes, Chair||||||
||||Lesicy Aldons,
Treasurer||||||
||||Sam Copping,
Welfare Officer (resigned 23"May||||2023, reappointed||
||||23'd May 2023)||||||
||||Peter Moss, Committee||Member (resigned 23"May 2023)||||
||||Donna White, Committee||Member (resigned ll""||March 2023)||
||||Shelley Chandler-Symes,||Committee
Member {resigned 23" May|||2023,|
||||reappointed
23"May 2023)||||||
||||Lisa Piagetti, Committee||Member||||
||||Annaliza
Murphy,
Committee|||Member|||
||||Laura Long, Committee|Member (resigned 28"December 2023)|||||
||||Nichola
Horsley, Committee|||Member {appointed|23"May 2023)||
||||Nicholas
Musset, Committee|||Member (appointed|23'" May 2023)||
||||Betti Pinter, Committee||Member (resigned 9'" January 2024)||||
||||Adam Harrington,
Committee|||Member (appointed|29" February|2024)|
|Address:|||Brinkley Grove Road||||||
||||Colchester||||||
||||Essex, CO4 5DS||||||
|Charity registration||number:|1154320||||||
|Bankers:|||CAF Bank||||||
||||25 Kings
Hill Avenue||||||
||||West Mailing||||||
||||Kent, ME194JQ||||||
|Solicitors:|||Birkett Long of Colchester||||||
||||1Amphora
Place||||||
||||Colchester||||||
||||Essex, CO3 3WG||||||
|Independent|Examiner:||Griffin Chapman||||||
||||4 R 5The Cedars||||||
||||Apex 12||||||
||||Qld lpswich
Road||||||
||||Colchester,
Essex, C07 7QR||||||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||S|tate|ment o|f Finan|cial
Activitie|s for the Y|ear Ended 3|1st December|2023||
|---|---|---|---|---|---|---|---|---|---|---|
|||||Note||2023|||||
||||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
||||||||E||F.||
|Incoming Resources|||||||||||
|Voluntary
Income|||||||||||
|Donations,
Grants,|Gifts|||||1,800|1,800|50|1,800|1,850|
|Incoming Resources||from|||||||||
|Charitable
Activities||||5|752,407||752,407|704,873||704,873|
|Activities for Generating|||Funds||||||||
|Fundraising,
vending,||clothing||6|56,097||56,097|42,089||42,089|
|Investments|||||1,092||1,092|938||938|
|Other Income|||||755||755|135||135|
|Totallncome|||||810,351|1,800|812,151|748,085|1,800|749,885|
|Costs ofGenerating||Funds||7|36,055||36,055|37,431||37,431|
|Charitable
Activities||Expenditure|||||||||
|Wages and Salaries|||||485,513||485,513|403,049||403,049|
|Equipment
costs|||||23,621||23,890|21,222|486|21,708|
|Premises costs|||||91,390||91,390|77,308||77,308|
|Gymnastics
costs|||||36,091||36,091|30,939||30,939|
|Finance and Overhead||costs||10|82,488|3,354|85,842|81,826|3,117|84,943|
||||||719,103|3,623|722,726|614,344|3,603|617,947|
|Governance||||11|1,500||1,500|1,080||1,080|
|Total Expenditure|||||756,658|3,623|760,281|652,855|3,603|656,458|
|Net income / (expenditure)|||||53,693|(1,823)|51,870|95,230|(1,803)|93,427|
|Transfers
between|funds||||8,105|(8,105)|||||
|Net movement
in|funds||||61,798|{9,928)|51,870|95,230|(1,803)|93,427|
|Opening
Funds|||||1,130,106|64,673|1,194,779|1,034,876|66,4?6|1,101,352|
|Addition
to Funds|||||61,798|{9,928)|51,870|95,230|(1,803)|93,427|
|Closing Funds|||||1,191,903|54,746|1,246,649|1,130,106|64,673|1,194,779|
##
##
|||Ba|lance She|et as at 31st De|cember 2023|||
|---|---|---|---|---|---|---|---|
||||Note|2023||2022||
|Fixed Assets|||12|||||
|Property||||736,350||736,350||
|Equipment||||169,338||138,784||
||||||905,688||875,134|
|Current Assets||||||||
|Stock||||4,472||4,858||
|Trade Debtors||||||3,840||
|Other Debtors and prepayments||||4,308||3,537||
|Bank Accounts||||540,542||530,417||
||||||550,810||542,652|
|Current
Liabilities||||||||
|Trade Creditors||||(263l||||
|Income
in advance||||94,031||91,683||
|Accruals||||16,095||20,939||
|PAYE/NIC/Pensions||||9,520||6,563||
|Short term loans (less than||1 year)||14,317||13,828||
||||||133,700||133,013|
|Current
Assets fess Current||Liabilities:|||417,110||409,639|
|Total Assets less Current|Liabilities:||||1,322,798||1,284,773|
|Long Term Liabilities||||||||
|Mortgages
and long term|loans|||76,149||89,994||
||||||76,149||89,994|
|Total Assets less Total Liabilities:|||||1,246,649||1,194,779|
|Funds||||||||
|Unrestricted
Funds||||1,131,903||1,060,106||
|Restricted
Funds||||54,746||64,673||
|Designated
Funds||||60,000||70,000||
||||||1,246,649||1,194,779|
||Colchester School of Gymnastics|Colchester School of Gymnastics|Colchester School of Gymnastics|Colchester School of Gymnastics|Colchester School of Gymnastics|CIO||
|---|---|---|---|---|---|---|---|
|Statement|ofCashflows||for the Year Ended 31st|||December 2023||
|Cash flows from operating|activities|||||||
|Net income/(expenditure}|for the reporting|||period||51,870|93,427|
|Adjustments
for:||||||||
|Depreciation||||||23,333|23,927|
|Loss / (Profit) on disposal of property,|||plant and equipment|||(102)||
|Decrease/(increase)
in|debtors|||||1,581|(153)|
|Decrease/(increase)
in|stock|||||386|595|
|Increase/{decrease)
in|creditors|||||198|(10,643)|
|Interest
paid||||||8,409|5,924|
|Interest
received||||||{1,762)|(938)|
|Net cash provided
by operating
activities||||||83,913|112,139|
|Cash flows from investing|activities|||||||
|Dividends,
interest,
rents||||||1,762|938|
|Proceeds from the sale ofassets||||||1,132||
|Purchase of property,|plant and equipment|||||(54,917}|(19,762)|
|Net cash provided
by|(used in) investing|||activities||(52,023)|(18,824)|
|Cash flows from financing|activities|||||||
|Repayments
of borrowing||||||(13,356)|{13,708)|
|Interest
Paid||||||(8,409)|(5,924)|
|Net cash provided
by|{used in) financing|||activities||{21,765)|(19,632)|
|Cash flows from investing|and financial|activities||||{73,788)|(38,456)|
|Cash and cash equivalents|at the 1/1/23|||||530,417|456,734|
|Cash and cash equivalents|at 31/12/23|||||540,542|530,417|
|Change
in cash and cash equivalents
in||the||reporting|period|10,125|73,683|
##
##
##
##
##
##
##
|d assets costing E500 or more are capit
mated
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 5 Fittings|5to 10years|
##
##
##
##
##
##
##
##
##
##
##
##
##
|Wages &Salaries||381,629|
|---|---|---|
|Social Security Costs|18,765|13,884|
|Pension Costs|7,116|5,350|
|Staff Training Costs|2.278|2,186|
||485,514|403,049|
##
|||2023|2022|
|---|---|---|---|
|||f|f|
|Discounts
Allowed||12,409|10,111|
|Advertising|||498|
|Printing,
Postage S.Stationery||2,598|3,062|
|Telephone
R|Broadband|1,239|321|
|Insurance||5,691|4,965|
|Finance Fees||22,096|19,539|
|Interest
Payable||8,409|5,924|
|Professional|Fees|3,992|10,659|
|Depreciation||23,333|23,927|
|Other Costs||6,074|5,937|
|||85,841|84,943|
##
##
|12.FIXED ASSETS|||||||
|---|---|---|---|---|---|---|
|||Gym|Office|Fixtures 5|Premises||
||Property|Equipment|Equipment|Fittings|Improvements|Total|
|||f||f|E|f|
|Cost or Valuation|||||||
|At 1January 2023|736,350|190,463|7,318|3,422|78,687|1,016,240|
|Additions||49,494|5,423|||54,917|
|Reclassification|||||||
|Disposals||(1,132)||||(1,132)|
|At 31December 2023|736,350|238,825|12,741|3,422|78,687|1,070,025|
|Depreciation|||||||
|At 1January 2023||(119,839)|(4,761)|(1,756)|(14,750)|(141,106)|
|Charged
in Year||(16,692)|(2,158)|(490)|(3,993)|(23,333)|
|Reclassification|||||||
|Disposals||102||||102|
|At 31December 2023||(136,429)|(6,919)|(2,246)|(18,743)|(164,337)|
|NBV at 31December 2023|736,350|102,396|5,822|1,176|59,944|905,688|
|NBV at31December 2022|736,350|70,624|2,557|1,666|63,937|875,134|
##
##
|||2023|2022|
|---|---|---|---|
|||E|f|
|Within one year||6,326|6,967|
|Later than one year but within|five years|12,261|4,536|
##
|2023||||Unrestricted|Designated|Restricted|2023 Total|
|---|---|---|---|---|---|---|---|
||||||f||E|
|Tangible|fixed assets|||855,630||50,058|905,688|
|Debtors||||5,796|||5,796|
|Stock||||4,472|||4,472|
|Cash at|bank and||in hand|475,854|60,000|4,688|540,542|
|Current|liabilities|||(133,700)|||(133,700)|
|Long-term||liabilities||(76,149)|||(76,149)|
|||||1,131,903|60,000|54,746|1,246,649|
|2022||||Unrestricted|Designated|Restricted|2022 Total|
||||||f||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|
##
|Statement of Funds||||||
|---|---|---|---|---|---|
||||||2023|
||Brought||||Carried|
|2023|Forward|Income|Expenditure|Transfer|Forward|
||f||E||E|
|Unrestricted
Funds||||||
|General
Reserves|1,060,106|810,351|(756,658)|18,105|1,131,903|
|Designated
Funds|70,000|||(10,000)|60,000|
|Total Unrestricted|1,130,106|810,351|(756,658)|8,105|1,191,903|
|Restricted
Funds||||||
|Jack Petchey|6,155|1,800|(269)|(2,999)|4,688|
|ECGA Bursary|1,375|||(1,375)||
|Lighting
Award
/ Other|6,889|||(6,889)||
|Restricted
Fixed Asset Reserve||||||
|Car Park S.Equipment|50,254||(3,354)|3,158|50,058|
|Total Restricted|64,673|1,800|(3,623)|(8,105)|54,746|
|Per Accounts|1,194,779|812,151|(760,281)||1,246,649|
||||||2022|
|---|---|---|---|---|---|
||Brought||||Carried|
|2022|Forward|Income|Expenditure|Transfer|Forward|
||||E|||
|Unrestricted
Funds||||||
|General
Reserves|989,876|748,085|(652,855)|(25,000)|1,060,106|
|Designated
Funds|45,000|||25,000|70,000|
|Total 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|6,889||||6,889|
|Restricted
Fixed Asset Reserve||||||
|Car Park Ik Equipment|53,371||(3,117)||50,254|
||66,476|1,800|(3,603)||64,673|
|Per Accounts|1,101,352|749,885|(656,458)||1,194,779|
||||||23|
##
##
##
##
##
##
##
##