Clmrfty number: 1154320 COLCHESTER SCHOOL OF GYMNASTICS uNAuDED TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2tr25
Page Reference and admlnlstrnlfve detalls ol tho Ch•rlty. 11$ Trutst wrfl advlsorg Truste. report IndepeTht gx•mlnorf$ report stst•morrt ot finandal aellvlll88 2-11 12-13 14 Balance sheet 15-18 Slalement of cash fiows 17 Noles to th• fin11 statèm•nts 18-37
REFERENCE ANO ADMINisfRATIVE DETAILS OF ThE CHARtTY. rrs TRUSTEES AND AOVISERS FOR THE YEAR ENDED 31 DECEMBER 2025 Tru&ee8 Adam Harriw. Chwr Lesley Athrts, Treasurer (re$[d 20 May 21Y2S1 Sam CowTrJ Shdloy ChandK¥-Syrnes Lisa Fl"8ggtb Annaliza Murphy Nicholas Mussett Gemma Smkh Jade Oaks IresYJn120 May 20251 Holty Blad(well. Treasurgr lappoint&J 20 Moy 20251 Ch•rity reglster•d numbgr 11S1320 pncIPal offlL Brinkby Grove Ro&J Cothstsr Essex C04 SDS AOuntants Griffin Chapman Chartered knuntants 4 & 5 The Cedars Apex 12 Cokhe51er Essex C07 7QR Bankers CAF 8ank 25 KJ'rKJs Hill Ar* West MalliThJ Kent ME19 4IQ Sdlcltors Bwkett LorwJ 1 Amphora Pl Cokhest8r Essex C03 3WG Pago 1
COLCHESTEB SCHOOL OF GYMNASTICS TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 21Y25 The Trust80s pr8s8nt their rewt tcwI lIh ts finarriaj statements ol the Charity lor Ihè 1 January 2025 10 31 Dacernber 2025. Obloetlves and a¢tivitie Polkles and ob The ci)je¢tN¥S ol the CIO are: 111 To atharKe Ihe edtiOn ofthè wblc. in partKulaT yDUTrJ p8. w) Ihe sut4ect ol gyTnrstics and phy6*al education. 121 The promotion of community parbfypation In healthy reueatKJn for the bgnalit ol the inhabitants ol Colchester (Essexl and $urrounthNJ areas by the py0visn of facilib95 fw p&tapation in gyTrnastics. 13} To act as a resouryx lor young people Imng in Colchester (Essex) aNJ surrounding areas, by wovkling adwce and assistaft and organisir4J programs of a¢bvibès as a m8ams of advancing in lrfo, dtrvek)plng sklll, capaw a1 capaiilty. In sthng obite5 and rlanniry lor aebwbes, the Trustees have grven (thje consvjeration to generd guidan¢e published by the Chartw CommlssM)n relatiThJ to tenefft, the gu¥lan 'PLI)k benefit.. runnirvj a charity IPB21'. b. Stratsgles for achleving Colchester School of GyThIstiCS focuses on walty, ithpffj a¢Ing, Irom teginners to dite levels, for preschry)I through to aduh age. DNerse and i188 rKogiammtrvJ. Olfemg dasses lor 0$ agos atMI thltbes, incbjding preschool, recreational. dèveknpmenL competiiNe squads arKI speciabsed Sess lor peoF4e with disaty1. AJI at making nasticS aesSi1e lor all. Qualified coaching staff. The empknys Bribsh GyTnnasts qU1£d coaches to the apprcpriate level lor the s11$ t¢ing taught. vrith senior coaches wper¥ising and sur4)orting junior and trrPe coa¢h&8 Specialisod facilities. OperatiThJ dedrAted gyms ¢x)mprehensve uIpMen1 for womon's and men's artistic, turnbling, aTKI trampdiniThJ gymnastics Structured prTessIon. The dub 0rateS award schemes. arKI progr&s%ve lesson Flans to hdp gymnasts gain conlwjence, diSCilrE and devdcp sknlls. wSth talor&J niThj schedules that ¢an be adjuslwl bas on abilty and commitrnent. CompelitNe Opportunit5. Farilitatès pattrways tcrf taknted and gymnastKs lo reach County, Regional and National leve. Community and Partnershp. Maintaining a strcry arwj IOnal affilalKJn with Brthsh Gymnastks aThJ promoting active lifes in the communrty. Page 2
COLCHESTEA SCHOOL OF GYMMASTICS TRUSTEES. REPORT (copmNUED) FOR THE YEAR ENDED 31 DECEMBER 2tr25 Obiectlves and acttvltles {¢ontlnued) c. Aetlvlttes Und9rtak to achkn objectfves Cokhestèr School ol Gymnastics offers Mpen$e wnasti¢s, tramkY)line, and IaSty Sessions lor all ages and abIle$, rarvJing from baby gym lo adult classgs. wmed at deve1Cf4 skill. confidence. arKJ phyEkal gr0h. The School provKles subs¢rfpfjon basgj Strtured cksses, PAY.As.Y¢)u.Go S8SSKJns, Drkshc4)$ and One to One coaching sessK)ns. Th8 schrd is darf1ed to Fxomding aoxs lo nastts for all th8 cc¥nmunity, by offoring many affordabl& o)st opti$ for parbci)ation in actwitsas. Sclb)ol cwatss reOJc&J membership sthemes., A discount scheme, lor Ihoso parlthro in MUlbe dxiFA1w or %thsre sbfiThJs att$rvJ thg School logethar. Hwdship scherne, to kYovKle as$th to tFKJse ex[113 rfrff¥)JMy. Both providing finan¢E suFwt to enwre there baniw5 to parbrypation lor any membor of the Ix)mrnunty. The &hool is fully d9dicabJ to SUPFK)rtiThJ risiry tdent thrwJh a striuurI , muth-la¢eted appro¥h that combiws t8ChnIc coachiry. devewient anS and hcI45tic supp)rt Training, b&lween Iwo and 20 hours per week. is led by our experienced-senior. o)ach8s. wlKJrn PfOVKI8" our.most talented gymna5ts-vAih- -" rsonally talored and Iloxfole schedules to enable ltr to 5urLesslully compele at County. RegKJnal amd National ¥1 C0rnFetrbCw. In addthn to dlicaled seThof ujathes, tho sd)(% also WOVKles ffinat SLWQrt its glrte squads by way ol signfficantty reduced coachry ratès. irNestirwJ in SlaI¢s1 uent aTrJ prov#ling cwhing SUPFX)rt to ompetitNe avents, indud1 their travel accommc¢Jation costs. Thè sej$ Homa Ed sessions s¥ovid8 struciur&l. day tima. nm cpotite dasses gyThnastic ancl trampolining. These da8 are desKJnl $pecrficaJ for home gJiLated chiklr&n and follow thè sarne engaging l(>rrnat as thg ra¢reabon cksses. In 2025. due to an incr&ase in dem4rKI, the numbor ol aCeS awlabla was In¢aSed by the a(klttw of a new week dass. The sch¢1 WOVMJes personally tWh)r one to one sassKJts with dwJ¢ated c11$$ for chikjran wilh Spaual Educaiion Naeds and Disthlrfes. These sasstons fcw on bJihSTrJ 0)nftleo, motor skins supwrts soclal dèvekjprnent in a Postye and adaptab18 environment. Weekty gro $essons are thn>wh the Colchester ExeTci8e and SuFP)rt Group (Stroke Assall)n) vth088 focus Is on soci. SPM arkl exerase t•lor for stroktr recAJvery. d. Volunleerg Thg Schwl coubj n¢X ¢oMinue to opwate WIttl the o)ntinu¢d hard WO of rts stalf In ensuring the ongoing expansion of the Schod is SucsSfUl. together wih 1he ContrilOn rnade by a regular group of invaluable volunteers Urrtake a vride vaiiety of tasks, espeCity during the {peth0n seasons. Thg Trustees would lfj(e to exteThl thwr heartf61t thaF*s to all Ilm wh) ve given their tirne and effort g) geneU$lY, their help very rnh aForecrataJ. Page 3
CoLESTER SCHOOL OF GYMNASTICS TRUSTEES. REPORT (COPMNUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Achlevement8 and perfOnnCe . Mn 8¢hlov8rnonts of Ch¥tty ColLoStèr School ol GyTrn&$t has majo %Ificant inveBbnenlS y8ar. rOaang arKI upJrading a range ol assantial gymnastic equpm&nL Our largest projact was the £45,(th rglurtxshm8nt ol Ihe lgh4ensity loam wlich indud>Y in¢raasing its depth Instling cornpletety n8w w1 padding. base pa(kling, and foam Icos. This uwJradg 8nsur89 a safer and more effectN8 trwnino ènvIronml lor 1 our gyTnn8Sts. Our Cenira Manager and Head of GirL£. Andrea Cook, sucwsfully passad retained her International Brevel judoing staius. This preStlouS qudffication. awarded by lh& FédéTabon Intemationth de Gwnnastique, recognises jwkJes op8ratirMJ at the hJhest intemation slaThJard. We are iniyadiLly proud ol ATrYrea's ad)iavement aTrJ the e¥perbSO Ixings to our b. The schcx)I continues lo Invest in devdryNrvJ thè next getwation of coaching t41wrt, ensumg our PTI)Jramme8 remain strong and weil-SUFVOrted. This year, of our ojathes - Emma Southby arky Ella Copplng su¢cesslully COrnete thèir Levd 2 British Gyrnna5tKS qualfftations in GyThn3stS and Trarnpolining respectNety. Their achlevement rellects ovtstanrfing c))mmitment to their professional grovrth, arky ihoif dedication &yE & Vab role in thtr ¢on11ThJ hJh wality delNery of gymnastics &ross the dub. Our MAG squad has enjoyad an exCeptnal year. with tYJ gymnasts achbeving IKlIuM liThshes acros5 Ihg Welsh, English and Btitish ChampM)n$hips. Th1 performances ea1 them selectKJn lor both thg English Welsh Internationals, refbctiw their consistery and comtVe strength. The WKlèr MAG tearn also impressed, with several gymnasts securing rned posibons at Region and Nation COMlons. Our WAG squad continued Ihis success vrith strong performarKX at the EThJlish Charnponships, dernonstrating real progress aTrY confKJence on the nabonal stage. Their resutis to selectyons lor the British Charntyonships, marf<ing an eXcng nèxt step in their compeliiivèiourtw aTrl hvJhlighting the deplh of tnl within the squad. In Trampolining. OUT dite gymnast ddivefgj an outslancfing OrManCe, securing the tiue of English Silver Champbon. Tbis achievtrmant sh)Kases ex(¥al thnl walty aThJ athl$ arK)ther styJnrficant highlMJht to the SchooL8's year a¢ro&8 al dwilines. Our gymnastics programmè w8nt internatial this yoar. %th a group of more than 30 ggmnasts travdling to portug to trwn at iho prèstigious SaThJalhos Nationa Valcmlrome. Supp)rted by our èlite coaching team, the gymnasts experICed a Premier high terfomiarxe trainir4J enwronrnent useil by many top British athlelgs in th past. The camp ollered access to Sl1Sed, fully equiH)ed fa1"S desKJned to SUFV)rt advanced technical d9velopmenl. giwrKJ our gymnasis an inUable cw)rltAnrty to train. grow oft an intemationaj stage. Together. th9sg achvements hvJhlvJlrt the strettyh. dedication and amtytson auoss every area of our S¢hod- from athteS lo coaches- and rèftht a Seas of re priJrgss and pride ColchesteT Sth(KJl ol Gnnastics had a surLosslul ypar in 2025 lor Funthaisiro events. The Tramtx)Ilno Fundraising Compsbtion in February reced athltt10n support from a group ol parents who volunteered to take part in 8 Sponsored Adult Comp8bbon. Dosiyto hamng no wevious trampolining expernce, tho parents atterKJgd coachirwJ sessions and worked hard to put togeth8r a short display which was judged on thg day of the fuThJTaisir¥ went. Their dKat)n a1 elFwts rawl 0¥or £2(0 in swnstsrship lor this evant. In June, the S¢hool haw ts first.ever Fun Run at tho cc1ch8eT SForts Pth, tAith our gyThna8ts COMptia spon50r8d laps around the sFx)rts gr¢JJThJ. f&ntaslic efforts rawl over £1,500 in sponsorship. To round oll the evènt. the Trustees organisad a raTrJe ol fun gamgs aThJ rèfroshments, ueating a INaly, family friendly atmosph9re and a mamoratle day out evffjY)na Inth. Tho Sch(y)Is RreaOn ftInd[sIng ComOn$ have again been a success thi8 year. Fxowdlng a Page 4
COLCHESTER SCHOOL OF GYMNASTICS TRUSTEES. REPORT {CON71NUED) FOR THE YEAR ENDED 31 DECEMBER %)25 AChI$m?nts and parfomiance (eonUnid) fanlask opp(lunty for our non mpetsh¥8 gymnasts to get Invo aTrJ ch19ng8 themsdvas in a p4Jpp)itive, lun wwronmenL We woukl likè to exteTrJ a artlett thank yrju to all of our staff, ¢oaches and volunteers, *those clethcation and taamwork continue to be the foundab ol the S1.5 stceSS. Their cornrnitment to Cang a positNe, engaging, and supportiv& environrnont ènsures that our gymnasts led mobvated, confidènt. and inspir1 every 'rne they walk through th& dr. Their hard work not onty kèaps our gymnasts progressing and achieww but so strengthons the trusl aThJ invofvernent of our parents arnj wider eornrnunity. The enthusiasm, protesonaliSM, and passk)n shown by our team-thy in arKI day Outr-a ¢entraJ to tlie ¢ontinued growth and repuiatv)n ol the sca1. We arg irKredibty grateful for everylhiwJ ¢SJ aTrJ mman pro1 of tho stroThJ. teaJn that suw)orts our mission and our young pec&. P&Je 5
COLCHESTER SCHOOL OF GYMNASTICS TRUSTEES. REPO1 ICONTrNUED) FOR THE YEAR ENDED 31 DECEMBER 2tr25 Flnandal I18 . Flnancld rnvlow The unaLKlitl accounts tthe yoar eThJed 31 Deethnber 2025 show a suWus of £77.05712024'. £37,088). The gym has &njoyed another very successful year, with classes onc• again operating at noar full capacity. Our substantial wting list conbnues to provKle réassurare for the (kn's kjng tem stst¥lity. SUFVOrting income vel$ and refkntillg thè ongoiThJ demarKI for our wc¥Jrammes Significant Increases in payroll costs, utiiiDSS, and the ri5iTrJ Cost ol 1pmen1 8nd maintenance havg had a notable impacl on thè Sth)c4's overall ffinan wformaw. However. we c¢)nbnua to manage our costs and sources CaTOlully to ensure Iha smooth arJ su(Thssful cygration ol tho To supw)rt strong ¥8mance and proauive deCiSn mthrKJ. wll mwntwn our monthly financial repoiting, ih Management Accounts rw8wed warterly al trustee level. Thi5 approach provKles transparency and reassuran¢e to our rnernbe that the gyTh rem8lns committed to m68tirrtJ ils financial, soc, and charitabke objectivgs. Income Tot incoming resources IOT this ypar of £969.627 IS)24: £867,5991 represents an Increase of 1 on the prior The Schod has exrianced a strong )par 0ratlty, ¥th dasses running at near full capa¢ity and recreation and pr6school programmes continuirw to generate rdithe in¢ome. A Substanti waiting list further sukwrts the stability of luiure revenue and rèfi6cts Ihe ongoiTr3 dsmand lor our Strong performances across the $Ite Women's, Men's. and Trarnpolning squads have continuwl to enhance the School's rewalion lor hvJh qua ¢))achirwJ and Ix)mpebtwe success. The number of gnnasts tr&ning arld competing at higher bvels has irKreased. rèflecting both the strewth of our coaching pathways aThJ the commthient of our gyTnnasts. This growth has had a impact on the associatgj ir¢ome stream. with hvJhar thl training programmgs, cornpetstI preparation, and perf(Nmanee base(1 wryJre&sion contrilti[ to Increas1 engagement and paibcipation. The ¢onb'nued devdopm8nt ol our elite squads not onty 5UPW)rts financAal sustainabmty trrt $0 rèinforces the School's postbon as a leading pwvKJer ol gymnasiK3 excellence wihin the r)n. Fundrasing remwns Yitd in SUPFthiNJ Ihe oLleCb of th& Schjol. aThJ 2025 has teen a parbcularly successful y9ar ol events Other Irxorne streams. such as [KIla and relwl sales, c>)nlIn to proMde adthtirmal financlai support for our gymnastK ¥se$ EXperllure Tot outgoing resources lor Ihe year wwe £892,570 {2024.. £830.511}, an iTryea$8 of 7% on the pnoryear. Payroll costs contrnue to rise year on year. gross wages irKxoasing by 9% comp8r8d vith the prewous yè and national Insuran contributions risirvJ ty 33%. Energy contracts renewpd in F8bnJary 2025 tor a hvo sear PWK)d have reIt& in an a&Jitiond 20% cost comparèd with the prM)r year Schcx)I has experEnced a swJnificant iruew in memtershi) diSontS, rèflecling both th8 current economi¢ ¢llmate and wr commitment to fuMillDYJ the School's Chantab obiecths lothgr cosls associat8d with the operalb)n ol the SCI1 ha also rwn sKJnrfM•. and we continuo to Page 6
COLCHESTER SCHOOL OF GYMNASTICS TRUSTEES, REPORT ICOIfflNUED) FOR THE YEAR ENDED 31 DECEMBER 2025 ar rnonitor these througtKxrt 2026. Bda8 sh The r)8t assets of the chjb reman in a sm F#)sitNe F1tl and ¢xn te ugrfrted to the careful contrd ol costs and tho full capaoty of dasses. Debtors aro Minim due to fv inplementation ol gym sollware lor198s arnj gJbstions. The TnJslg8s have iewowed the level of lunds lld by the Clwty at 31 Dec8miw 2025, and a decisKJn was made to deSnate £35,000 ol unrestrictad fvts. Deta11 d&s¢riptions of the nabJr8 ol these d&snationS ara Includgd in note 18 ofts acxounts. b. Golng ¢oncorn After making aFvcWa ènwiries, the Trthsiees have a re&sonth exp8¢tstion that thg Charty has #dal0 resour5 to contSnue in c9eration existence lor tha fOreseee fUre. For this reason, they continue to adopt the going corrn basis in weparirvj tho financial statements. Furiher Iletwls regardirvJ the adjption ol the oolno Concern basis be IWNI in the accountsng [dles. ¢. R•8erve8 pollcy Frge reserves are ¢¢Idera1 wlth referen to Ana of Net Assets in Note 20 are caknJl8ted by deducting the fixed a&sets from the unrestred fuTrJ. The primary asset of the Charity is ihe buikling that occupy to provide our charitable ms. This. ak)ng vdlh 1 other fixgj assets, means that £947,341 of Charty funds can only bo realised by thskx)siThJ ol tangltle fix&Y assets. For short and medlum term ffinanc4al management. ts Tntstees remwn focused on mnining a strono working cap positmjn. This aFproach digns wih thwr of holding sufficent freè reserves to Cover three rnonths of ongoiw unrestricted exFxnditure. ensuri the School can thStand any maieriaf decline in Inwming resources. This reserves 1¢Y of three morhths ol unrestwed expenditure is estIMat to be in the region of £220,000. Freo r88erves, exduding fix&J assets and dgnated fu15 as at tho erKI of De¢gmter 2025 re £375.2&3. Thè Trust rwnise that Current reseNe lèvds ex1 the stated [K$¢y. Discusslons are well underway. as part of loryer t8mi strategic plannir¥J, lo desMJnat8 furNYs lor future Ctal wojects, equipm$nt replacament and inv8stsnent in its ppIe. This planning s0 Cold$[S the nged lo fubjrg proof the organisatK)n, as expgcted cost incraases are likèly lo place sunfficant Ure on rsserve s. The Trustèos will continue to review and discuss thes& matters througlK)uI 2026 10 8nsurg that frJThJ$ rwn8in av•EaL8 for futUf$ projects and gssenti èxpenditure. d. M8terial Inv8Stmwts polky All material investmgnts made by th8 chjb are sth)i¢ct to by the Committee aTrJ must onty b8 rnad8 in accordan¢g with the Schod's objectives. Page 7
COLCHESTER SCHOOL OF GYMNASTICS TRUSTEEY REPORT Icop¥llNUEDI FOR THE YEAR ENDED 31 DECEMBER 21Y25 Prfnclpal rlsks and uncertalntle¥ The key risk ¢uThenty laciTrJ the Charity is Ihe limtialion on generatirvJ athlitiond income due to dasses operating at lull capaoty, COminj with a sigr¥fwx ris8 in overal costs. Particular corterns in relat%)n lo wages. employer taxation. and energy. Thgsa pressures are compounded by Whder Infiatsonary increase5 a¢ross all areas of enditre. ReguLAr. careful monitoring and reVW ol the Charitvs financial PDStbon vAlI te essential mSnlmi8ing r¢ The Sch(K)I must Contin to manaoe costs carefulty in order to sustain its chatitabl8 obj1&$, ènsurirrfJ thg prowsk)n ol gnnast and physKd edu{1 rgmwns affordatyg and atteSsIb to Ihe communty r( serves. f. Fln8n¢lal Tlsk m•wom•nt Obly&S and pollcl•s The School's policy Tequir9s thal thre8 monlts ol •ThJre r81aiwd in the bank a¢¢ount at 1 time5 in Ihe 8vent of unexpectad drop in income. Outgoing payments by the Schc<Jl are subj to aFproval limits bank transactior% includg secondary snature by grcher the Cha¥Son or Trwurer. MarHggm&ni account5 ar8 prepared and reviewgd on a rewlar t)asis. induthr¥J cornparis to PT)r spar eJKI Lx g. Pnal lunding Th& School is wknolty rdiant on lees and {1)nS for suslwnthlty aThJ thxs not recwv8 r8gular grants from third parties. Page 8
COLCHESTER SCHOOL OF GYMNASTICS TRUSTEES. REPORT ICOPItINUED} FOR THE YEAR ENDED 31 DECEMBER 2025 Constltutlon Colchest8r ol GyrnnaSti is a Wiste charity. Thjmter 1154320. Tha S¢hod is a CharitaNe Incolpa organi110n irtorp)rat8J in Octotrer 2013. Th8 A8srK¢ation Constrdubon vm amentsj in Mareh 2022. b. U•thods of appolnlm8nt or electlon olTnst¢•s lor lal Every charitytrustég must be a natur pwson. Ibl No one may be aFpoinbJ as a ¢harity trustee". if h& or She is age 0116 y6ar¥', or if he N shg M)ukl automaticalty ce&8e io hold offe by rIve of slI0n 17&180 of the Charibes h£t 2011. Icl No on& k8 entitted to act as a charity trustee aFp)l7tsnI or on arry rgawoinlmerrt untll he or she has expr&sdy adEnry. in whatevorway the eharty trustees deck*. hi% or her acCePtarr ol the office of charity trustee. Idl At least onè of the ttjslees 01 th9 CIO must be 18 58ars of age or over. 11 theTe is Th) trustee aged at 3st 18 ypars, the reMnIng trustee or INSte may act onty lo c1 a meeling ol thg charity trust6&s, or appoint a new ¢harItylntee. There must at ast three chwity trustees. If the number f15 below ihis minimum. the remwning trusteg or tNstg¥s may act only to call a rneeting ol the charttylnjstees or app)int a charity trustee. At èvery annua g&r rneeting ol ihe membèrs of the CIO. subwuentto first AGM, one-third of the charty trustees shall retire from ¢)ffice. Ir the numter ol charity trust is not threa or a rnultiple ol three. then the number noaresl to one-lhird shall retire ITOrn office. Fxrt ifthwe is onty charitytrust89, he or she shall retire. The charity Ite•S lo relire by rotath)n shall be those who have been lorwt in offKa $irte their last apwintmewrt or Teapwintrn9rrt. If any trustees wgre last appoSnt&1 or reqrpoinw on the same day those to retire shall lun18 they othemse agree amor¥J themselves) b8 deterninl by lot. The members the d)arity tn may al any lime dechjè to charity truste8. whether in ac9 01 a charFty trustee who has rstred w been rornowj. or as an ajdthonal chlty trnstsg. There is no wrfied limit on the number of trustees. Page 9
COLCHESTER SCHOOL OF GYMNASTICS TRusfEES' REPORT Icoi¥llNUEDI FOR THE YEAR ENDED 31 DECEMBER 2025 Siluury governance #nd manageMt Iconilnued) Organlsatlon81 structurn and d8clthn4 pollcles The charity Iwstees shaw Mana affats of the CIO aTKI may lor Ihat purpw exercise all the prrwers ol the cio The sclK)ol shall be rnanaged by a commsttee ol trLLStees to I[Ku a Chaimian. Secretary. Treasurer and WeKare Offer. There shall bè a representabve from èaeh section ol the ckjb reye5entsd Iferna gymnasts and male gyTrnastsl and the Local Authority sh1 ented to nominate a rewesentative to serve on tho cornmitt8e. The Cet)tre Manager an<Vor any Dwmental Hgad may bo wasont lor part of or ol any maèting at the spec11 request of thgrnsafvs or fv Trustees. Day-l04ay business decisions are made by the Commiltg8-apOntgJ Cenire Manager. For largèr ffnancid or substantial Fersonngl dèc4sw)ns. the Cwtrg Managar 11 aFvoach the Committee for approv. d. Pollcles dOpt for Ihe Inductw tralnlng otTruste We have a Wom& Pad( which is madè available to TnJ5190s conlaining a Guhde to The Rob ol CSG Cornmrttee aTrJ a copy of the Consktubon. •. Pffjy pollcytor W m8nagemwrt porsonnel A pay structure 1$ in place lor lull-tim8 mgmbars of slaff aworthng to Ir Yo, aThJ lor coaching sff the rate ol pay is deperKlant upon age arnl qUthCatK)n. f. R¢lot8d party relalion$hi Fiva ol the Truslees ol Colehèster Sthod of Gymnth"¢x are reLated to staff mwnbers vtho aro retaingd Yth a Contract of employm&nt. The aggrw vdua ol the contr of emW)ymrt is inmaterid. The relalÉd party transactions warè on tenns eqUWerrt to tse of other members of staff. Plan$ for lulur• porlods r man priority rnowng lordYd is to SeIe the term sLL£tnab11Tty of the Sd)od 119 continuing to proVe mearingful oNrtUn[beS lor wr communty, our gnasts and our stsff. To SUkVOrt this visicn, we aro undertaking a comprehensbve re*i8w ol the club's larylTties and intrastructure. with planned inva8tmeni designed to create a m&dern. sale and wel¢omiro enwronment fi)r everyon& who uses Ihe venue. Key area5 01 develotffient ind16. Upurading wdlare lacilths, are&8 aTrJ the mwn recepti1, n[O¥Ing cornlort and access11 lor gymnasts. familie5 a1 vkgrtors. Significant investmènt in the tliky%. ¢nsuitThJ the dub remwns a hKJh qu[ty. firture proof facilitythat Can SUFVOrt the growth ol our programmes lor years to cryne. Repla(ing and mc#Yemising ffjuiprnent to mwntwn the hohast safety staThJard5 and ensur• our gymnasts have aC$S to the best aFwaratrJs avwlatAe fortrning and progression. Continuing to invest in stalt develw)mant, Sukwing coaches as they a(fvae thrjgh qUrfatiQnS and kmjild kJwJ term careers withkn gymnastics. Page10
COLCHESTER SCHOOL OF GYMNASTICS TRusfEES' REPORT IcoKllNUEDI FOR THE YEAR ENDED 31 DECEMBER 2W25 Plan$ lor ftrture p•rfodJ Icontlnu8d) Thes8 irnprovernents reflecl our commtharrt to slrength•ning the dlkn's fourkyations. ènhanryng the training 8nMronment and ènsuring that 8v8ry rnember of our cornmunty tn8ffts from a well resourced, loThYard looknng ladlty. Momb8rs' Ilablllty 11 the CIO Is ¥rtnd w, the membe¥s of tha CIO have Tr) lthlty to contnkn to ts 8TrJ Thj F4f80nal rèsp)nsibiAty lor sètuing its dgbts and liatilNM. Stnt of TNslo•s' responslblUUs¥ The Trustees are resp)rtsl)le for preparw Ihe Trust68s' rert aTrJ the lInanck statements in aCrdantte vath 4Dplicablè law arJ United Klngobrn PaxvnDrJ Standards (Unrted tyj0M Generaty Ac¢eOed Accounting Practice). law applicablè to charibes in ErylarKI & Wd&s wuires Ihe Truaees to preparg financial stalernents lor aach financial year give a truè aThY fair wew of the state ol affwrs ol tho Charity and ol ils incoming resources arKI applrathin ol resources, indiKlxwJ its iThxmg arKI elditr. for that period. In rxeparing these financi statements. the Trustees arg required to: select sullth aLxounb"ng Oiryes aThJ Ihan them consstsnty; observe the meth(xls and wrlpIeS ol the Charities SORP IFRS 1021," make judgments and accounD"ffj estirnates that are reasonable pwdent., stats whether applicab19 UK Accounb"ry Starthrds IFFIS 1021 have bsen folbwed, suLJ'ect to any matwial dèpartures disclosgd ar explan811 in the finanad *atements.' prepare thè linanciaj statemènts on the going basis unkn it is iwrowate to Fvèsume that th& Chartywill continuo in business. The Tnsslees are responsi lor kwng adw4uate acowntiNJ records that are suffic1 to 8how and expLwn the Charitls Irarnsactions aThJ klOse wÈh re&8onable accuracy at any tirne th8 finanoal posthon of the Charfiy and enab them to ensure that the statements COM wth the chare5 Act 2011, the Charfty (Accounts and Report81 Regulations 2008 and the provIsnS of the Constituthjn. Thoy are also responsible lor safeguarding the assets ol the ChaTty and hence tor talaj rea80r Ste lor the pwenbtsn and detection of Iraud aThJ h$r irregularTbes. Approved ty order of the m8mbers 01 th8 ol Twstees arnl cffi fvir behalf ty.. Adam Harrfngto Chr Dalg.. Paoe11
COLCHESTER SCHOOL OF GYIINAsncs INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENOEiI 31 DECEMBER 21)2S Indyndent examT$ Mport to the Trustees of Col¢h•star School of Gyrnn#¥tl¢8 nho Charf I report to tho chanty Trustees on my oxamination of th8 ac¢))unts of thg Ch&ity lor the year grKlod 31 December 2025. Rèsponslbililies •nd bA818 of report As the Trustees of the Charity you ar8 r9sponstJle lor Ihe weparath)n of tho a1S in aorda wilh the requirem8rts of tha Charit8 2011 Ilha 3)11 W. I repJrt in raspect ol my examirtation ol the Charrws aOUnts carried out under 110 145 of the 2011 Act and in earfying out my examination I have lolh)wed the a¢3b gNen by Ihe Charfty Commissioll under section 145151(bl ol the 11 Indepond•rrt oxamlnerf¥ si•iwn Since the Charitls gross in¢omè 8xc•&Jed £250,000 Ivur examinar must be a member ol a body fLsted in sèction 145 01 the 2011 Act I confim that l am QUffied to undertake the exarnination bacause l arn a merntr ol the ASSoation ol Chartered CerDfi8d kn#)untants. which is one of the listed bodies. Your attanUon is drawn to the lact that the Charity has prepar1 Iha acwjnts in accordan¢a with Accounting and Reporting by Charibes: Statement ol RecommerKled Pracllee to charit 8p8ng their accounts in accordance the Financiej Reporling Standard ¥yable in the UK and Republic ol Iland IFRS 1021 In preferencè to the knounting and R8Wting by Charilies.. Statement ol Recomrnendgj Practice Issuad on 1 April 2005 leh i% relerr&Y to in thè oxlant relar0 ixrt has W A4thdrawn. l uThJerstand that thk4 has been done in order for tho ents to prOJe a arKI lar TrAew in acLordanc8 with the Generalty A¢cepted AccountirwJ Pwb¢è effeciNe lor reportiTrJ pwiods bwJlnniro on or aft8r 1 January 2015. I have completed my examination. I confinn that malters ha¥8 (x)me to my attention in contwuon th the examinaOn givir¥J me ¢w8e io b911av8 that in any rnaleri respact.. accounliTrJ rOr{l$ wèr8 not kept in Te5FecI of th8 Charity as roquir&J by section 130 of the 2011 Act,. or the account$ Ik) nol accord th those racords., or the a¢unt$ ¢) rKJt compty wryth the aFf4Kthe wvrements confxniro the form and eontènt of accounts set t in the ChariD6S (Actounts and Rewrtsl R6yulaiTrons 2008 other than any rowirement Ihat the accounts gwa a In and lait wiew is not a matter &)nsKler•Y as pan of an tyidependent exarnination. I have no concems and have ccffje a¢rtM Th) other matters in cOnnlKIn ¥th the gxarnination to which attention should dravm in ttys report in order to enatle a [per urNjorst1ng ol the accourts tts bo reached. This report Ss rnade to the CharTWs Trustees, as a iy). In accordarrE ¥th Part 4 01 the Charities IAccounts and Reports) Regulations 2008. My has been uThJertaken so thai I mKJht state to the Charitls Trustees those mattèrs l arn required to ststè to Ihem in an Iwernlent examiners report and for no other purpose. To the fullest extent Fmitted by Law, I do not awt or assum& res[nsibl11ty to anyono other Ihan the Cliarty and the ch11$ Twsto8s as a b, lor my w)rk or for this rewrt. Page12
COLCHESTER SCHOOL OF GYMNASTICS INDEPENDETr &XAMINER'S REPORT IcoKfiNUED) FOR THEYEAR ENDED 31 DECEMBER 2 Slgned: Daniel FCCA FMAAT Griffin Chapman Chart8r8d A?jn&Trts 4 & 5 The Cedars Apex 12 (Xd Ips¥ Road Colch&ster Essex C07 7QR Page13
COLCHESTER SCHOOL OF GYMNAsrics STATEM OF FINANCIAL ACTlVtTIES FOB THE YEAR ENDED 31 DECEMBER 2025 Unrèstrfeted funds 2025 Restrfci Total lund$ Total funds 2024 In¢om• frorn: Donalwjns and lega&es Charttabla actlvities Other tradirvJ actiwties Investments 1,800 784,067 76,968 4,764 8B3.1 883.156 7.414 7,414 Total Income 966127 96927 867.599 Expenditure on: RaisirrfJ funds Charlithe actNibSS 52.039 778,472 837.498 844140 Totol gxpgndlturg 830.511 Net Incomel{exp•ndliure) Transfers between fuThJs 13 77N5T 37,088 18 (66) Ngt mov•m•nl in furtd$ 7T57 37.088 R•conclllatlon of lunds: Tot funds brought loNMrd Nel movsment in lurnts 1.232.T13 50964 1283,737 13,776) 1246,649 37.088 Total lunds urrl8d forward 1.3136 47.188 1,360,794 1,283,737 The Stsiement ol actbeS IlleS gaIr arnl k)sses recc¥Jni59J in the year. The nots3 on pages 18 to 37 lomi part of these financial slat¢m8nts. Page 14
COLCHESTER SCHOOL OF GYMNASTICS BALANCE SHEEr AS AT31 DECEM8ER 2025 2024 Flxed assets TargJe assets 13 947M41 920.758 947J41 920,758 Current assèts Stocks Debtors Cash at bank and in hand 14 9.280 7.359 573,913 15 14218 590,552 Curr•nt liabililles CreditOTS'. amounts f11r0 duè wilhin one year 16 (19)N90) (167,267) 456813 423,285 Total 08èts legs current liabilit1•8 1.401554 1.344.043 Credltors.. amounts fajllw due after more than one year 17 I447> {60,306J Net ass•ls 8x¢ludlng pngk*n asset 1.360,794 1.283.737 Tolal net as¥•ts 1.360,794 1.283,737 Charfty fund$ Restric funds.. Restri¢ted funds Restricted fixed assot funds 18 18 1170 4118 2,605 48.359 TO r@strit lu unreStrted luMI$ 18 18 47.188 1.313.606 50.964 1.232.773 Totaf fvnds 1.380,794 1,283,737 Page 15
COLCHESTER SCHOOL OF GymNACs BALANCE SHE {CONllNUED) AS AT 31 DECEMBER 2025 The statements were ap[¥j aThJ authoriwl lor su9 by th9 Trustees on and SJned on ther bghall by.. Adam Harflngton Chair Tho Mtes on page5 18 to 37 fomi part of these firtandd slatements. Pago 16
COLCHESTER SCHOOL OF GYUMAsncs STATEMElff OF CASH FLOWS FOR THE YEAR ENDED 31 DECEMBER 2025 2025 2024 Cash Ilow$ Irom oprillng •¢llvities Net ea$h usY in operattng a¢0 124.S95 C4$h Ilows from n811ng acllvttles DNKlervJs. interests and rgnts from invesb7)wirs Proceeds from tha salg of fixal assets Purchase of tangibb fix&J assets 7,414 4,764 (718) {43.1} (59,flM} Nèt cash usod In investing acllvltl¢s 152,1901 (39,015) Cash Ilow$ Inxn finaneh¥ au0$ Repayments of borrowing Intar8St paKI {16,148) IS.T24) (74.329) 17.694) Net used In flnanelng •¢tlT411ies (21m) {21023) Chanp In cash WKI ¢ash equlvalgnts Sn the yr Cash aTrJ cash 8quNalents at the Winniny ol the 33Jn 573,913 540,542 Cash and cash at the end of th• yvar 62U46 573,913 The notes on pagos 18 to 37 form p3rt01 slemwts Page17
COLCHESTER SCHOOL OF GYMNASTICS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 oral Informallon The Charitats4e IrKorFyated Organk%alv)n {CK)11154320 was regi51¥r&l on 23rd October 2013, to takg forward Ihe work of tho UnlThxrpwed As%Myth Nmber 12911. Assets. liabllrtles and funds were transforred. The members of the CIO arets Trustees namgj on pag8 1. The presentation cwrrenGy of the slements is the GBP Pouml Stwthng 1£). ountlng poll¢lo• £1 Basls ol preparniion of ¥tatwnwts The far1 statements have been prepargd in wilh th8 Clk¥ibO8 SORP IFRS 1021- Accountiro and Reporbng by Charitiès: Statemenl of Recommermled Prae applicab to charities prepanro their accounts in acCOrdar the Finan{i Reporhng Standard ap[lble in tho UK and Rewblic ol Ireland IFRS 1021 l&ffèeltv& 1 January 20191, the FInrt1 RepoitrKJ Standard applicable in UK and Repubk ot IrelaTrJ IFRS 1021 aThJ the Char8$ Act 2011. The finartI statements have been Fxapared to give a Irue and fwrf view and have departed from tho Charfties (Accounts arKI Rawlati 28 onty to the extant raquired to provKle a Irue and larf ThF departure has invow Charities SORP IFRS 1021 published In October 2019 ralher than 1he AccountiTha aThJ Reporting by ChareS. Stalgment of Reeommend& Pra¢b¢8 8ff•ctive from 1 Ayl 2005 which has nce teen wrytFKlrawm. Cdcheslgr S¢hod ol GyThna$t meets thè defin0Th of a pulJK benefit enthty under FRS 102. Assèts and liabilitie5 are insba1 reccgni%ed at listoric cost or transath value unless otherwisg slated In the relevant ac(x)untirKJ pry. 12 Golng conwn The Truees assoss th&ther the use of g(xng v)n¢sm is approwote i.e. whether th8rg at)y materil uneertainties relat1 to gvgrts or coTrJthns that may cast swJnrftant th)tkn on tho alty ol tho ¢harity to continue &$ a going ¢ortcem. Th8 Trust88s make this assessment ift rvs ol a period of at ast ¢)rye ypar from the date of authollsation lor issue of the linanLxal statements and have concludwl that the ch2rity has aclgquat8 resources to continue in Op81th"on existence lor the for9s99th8 luturo and th8re are no materi uncertainbes alM)Ut the chariiys thlty to t7)ntir& as a gng cortem, thus they continu8 to adopt the goirYJ ¢0M basis ol accountuig in K*wing tho financid slatement& PaJ0 18
COLCHESTER SCHOOL OF GYMNASTICS NOTES TO THE RNANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 counllng poll¢los Icontlnu8d) 13 Incorno All in¢fmirvJ re50urcgs are in the Ststement of FTh)artl ISOFAI when tha tharity is legally entrtI to the IrM after any perfomian¢g coTrJitions hav8 Ix8n met. amount can bg measured reliably and it 15 wobthe that the iwKorne wll L TeceNed. The Charity OP8Tates a discwnt Structtjre on glastiC$ fees, which are renIs0d in ¢Jirect cost& Di5wunls do not aty to merchaThltsè. (xynp8tibon f&9$ or affilsations. No arnount Is Includ in the finarrial statements lor voluntw ling with th8 SORP. Further dètwl is gNon in the Tiustees. Annu Ro. For (kJnatK>ns to b8 rowi1. Chwity wll hav8 boen notili&l ol thtr amounts the setdemgnl date in writsrKJ. Amounts are reccxJnk%8d urKJn entittam8nL If there ara conditions attachgd to the donation aThJ this rUIreS a J8vel ol FloMae before 8nbllement can b& obtw'ned, than irthme is defred unb"l those condibons are lully met In¢ome from tr&Jing ac inclu& iwmne eamal from lUThaLng entS arJ traLlng a¢tiwhes to r$• luNJs lor the charrty. Income is in excharoa lor supthng gocts and SONI w) order to raisè lund5 and is recconi£&l when entitlgm8nt has occurred. Investsnont income i£ èamed tlwh hcthlro assets hr Investrnent- wryjoses Such as short terrn savings and d¢kY)sr( aunts. h indudes thiderKls. interest and rant. Interest incom8 is recognised as the ¢heS right to entiuement cocurs. IrKome tax recoverable in r&tiOn to ¢SJnath recwv&Y uTrJer Grtt or deeds of covenanl ¢ reojgnised at thè time of the donation. Ino)m& tsx recoverable in rel1)n to inSnrt inoJrn& L% r¥(toni%ed at the Jme investsnent Irme i% rwNat4e. 14 Expwdllure EXpeTrjitu is re(wnis&J ore there is a bJal or ConStrtive jatiOn to transfer economic tenefft lo a third party. tl probthe that a transfer ol onOm benefits wll b& requir&J in sèthement and thg amount ol the oblation can be measured rdiaw. All exFeThthtur$ is account&J for on an ac4Juals baskg aTrJ has t4gn dassrfied under headings that aggreyale all costs fda11 to that cai2w. ExperKlrture on raisiro fvn(L8 IrLje$ al experxliture rurred by the Charity to raise funds lor ts chaJitable purwses and i11S ¢05ts of 1 fuThJraisirKJ actiwties arKI non-charitable trading. Expeixltlure on charitabla acbvibes is irI on direcuy uTrJerrthTrJ Ihe a&$ furthor the CharttY$ rt)jeclives, as well as any asswated surTnrt C4Jsts. RlUThar ojsts arnl twrnination payments are chw lo irmnè staternenl Sn the year in whkh an irrevocth commitment is rnadg to lTh)JT $1> l exFenditurg 1$ Irngusl ol irrwvwth VAT. Page 19
COLCHESTER SCHOOL OF GYMNAsncs NOTES TO THE FINANCIAL sTATEMEPs FOR THE YEAR ENDED 31 DECEklBER 2025 Accounung polle1 (eontlnuod) IS Gov•mmonl grants Government granis rslatirKJ lo tae fixed assets are trèatad as defwed InCre and rdeasod to the Statgmènt ol ffinarl artNitVdS wn the complet of the relevant rtom1amQ-re1a1ed ndon$. Other grants that ara Mt Sublt to pwtormance-rgkt8d condthons are credited to the Statement of finanryal aCheS as the grant prweeds are received. Grants received prior lo thg r8Nenue re¢an61n criteiia satisfieil ar¥ r9¢(YJThs•J &8 a liabilty. 26 Interest recelvabl• Irrter9St on lunds hekl on dgfN)sit is irtlud8d recavable arKI Ih8 amount can be rneasured rgIAb by the Charty, thi% is nomialty upon r•Jtikabon tst th& 4nLerest paid or payable by th& institutvjn 7th the fuTrJs are ¢ye[led. Z7 Taxatlon The Chaity is ConSK to pass th8 tests s61 out in Par&JraF41 1 6 01 the Finance Act 2010 and therefore it m8ts Iha d0finit of a charilable compary lor UK corporation tax purpos&8. Accordir4Jty, the Chanty is p)tentsdty exempt from 8"on in respect ol income or cap gans receiv&5 catogNies covered by Chaptèr 3 Part 1101 the Corporation Tax Act 2010 or Sect'on 256 01 the Taxats'on of chargeab GnS Act 1992. to th& extgnt that such incom8 or gains are appligj exdusNety to tharitable purpose 18 TgIbl8 flxwj as$4ts and dopr8claUon Tangth fixed assets cosliro £S)O or morg are CaOs&1 arJ Tecognisgj ftrture economic nefits are probable arKI Ihe ¢xJst vdue ot the asset can be measureil relW. Tangble frxed ossats are InallY recognised al COSL After reccgnibon, uThJer the cost Mle1, tangible frxed a&sets are measur&Y at ¢OSl bss actumulated depwiation aNI any accurnulated impairrnent kJs8es. costs incurTed to bring a law fix&J asset into its Intend&J working CondOn shoukl I Incl in the rne&surement ol c¥)st. Draation is charged so as tr) kale the cost of tangbi [8 fixJ a&sets ths thew res value over their estimated usèful INes. usiro ts strWght4I mèthod. Dewe(iath)n L% on the frlkMiNJ bases: equent. Ilx•J Gyrn wuipment- unfixed Premises irnwovements Flxlures and frtings Office thwilyment - 10- 25 years 5- 10years . 10.20years 5- 10years 3-10yea G8ins and losses on disposal% are deterrnin by (x)mparirYJ th8 Fyoc88ts wrth the carrying amount and are recognised in th8 Statement ol finanTr aCtieS. Tl* pr(wty is nol beiThJ )rlalad as thg Twstees corsKler that this v11 apweciate over tirne and therèfore they consKler lowng the Prcyety at the Origi cosl is a more dIstiC refltion of th& vdLb8. Page 20
COLCHESTER SCHOOL OF GYMNASTICS NOTES TO THE RPIAIKIAL STATEMEPITS FOR THE YEAR ENDED 31 DECEMBER 2025 ountlng polkl•8 (contSnu•d) Stod(s aro Ued at thg k)Mwof cost and net reafisawe Vae. 110 D•btorn Trade aThJ other d8btoTs are rwnk$I at the setllement amount aft$r any trade dtscixjnt off8r&J. Prepayments arè valu8Y at the amwnt pra net of anytradg Lf1sc>rrtS du&. 111 Cash at bank ¥nd In hand Cash at bank arKI in haNI indLNJBs cash ShOrt.te highty IK4UKI investments with a short maljjrity of thr80 monihs or less from ts date ol auwisitK¥n cf opening ol tha dgposit or Milar actX•unt. 112 Llabllnle8 and prov191( Liabilities arè recognis&J ¥han thèrè is an (ljatiOn * Bdanc8 s1 date as a result of a past 8vent. it is probatrAè that a trartsfer of ecorN)m¢ Ixnefft bg rwir&J in setuament, and Iha amount ol thè $etNement can b8 estimated reliabty. Uabilittes are rwnised at the arnnt thal ts Charity antkWèS 411 pay to setue the debt or the arnount has recewl as advan pawnents $ or services it must provhJ8. Provisions are measured at the best estimate of the am(nts required to s•9 the 0lgatk)n. Wh8re tha èffect of the tirna ¥ue ol money is materfaf. provisk)n is based on the present value ol those amounts, discounted at pre-tax discount ratt that refiects risks spealic to the liability. The unwinding of the discounl is recy)gnk8&J in the Sktemw)t of linar1 &twities as a finar cost. 2.13 FImn¢1 Instrum8nt• The Charty only has fina aet$ armj financaal liabilw of a that qurfY as basic financial instruments. Ba&c Inancid inslnJmets aro initial reCognIs * transaction vlue and subwquenl(y measured at their seiJemert vue 7th the 0xp1K)n of bank l¢)ans whseh arg subsoquan measured * arnorb5 cost U&ftg the effectThie inter¢ method. 114 Opw•ting l•as88 RentaLs paid under operatiThJ loa are to th8 Ststsment of financi aCtiVS on a Stght. line basi% over ts lease tem. 115 Penslons The Chaiity opèrates a defin1 cc*bthn per6MJn sch8m8 arKI the pansth ¢harge rewesents the amoutTts paythe by the Charrtyto the in r&4)ect of the year. The assèts of the schemè arg hekl swaldy from those ol lh& drity in an Independendy adrninistered fund. PayTrents to dèfinsd contrIxrtn sthwnes are charwl as an when they fall due. Page 21
COLCHESTER SCHOOL OF GYMNAsncs NOTES TO THE HNANCIAL STATEMEpirs FOR THE YEAR ENDED 31 DECEMBER 2025 Ac¢ounllng polldes IconlSnuedl 116 Fund accounllng Gtser lunds ara unrestrthj fvnd5 ara avalat4e lor use at thè discrdion of the Trustees in fUrtherae of the general (4"thes of Charity and 41¢h havo not bgen designated for othor purposes. D8signated funds Comse vnrestrictad funds that have begn $8t as& by Trustees for partiT puIFoses. The and use ol e de5ignat8(I fund is set out in th8 rK>tOS to tha linancs statements. Restricted fu ar9 furKL% are to te LWI aecordae with spea1 restrictions imposad by dorors or whh have been fased by the Charty tor particaJ)ar purpx)ses. Thg ¢OSts ol rwsirKJ and admini%tering such funds are ch8rg8d aganst the $ffic lund. Tha am and use of each restricted fuThJ is set out in Ihe Th)tès to th8 tinarrial statements. Inveslmant incomo. gains ar¥J k6ses to the aFpropriata lund. Income from donallons and legac8 Restricted lunds 25 Total fund8 2025 )24 Donatiorts and grants 1,800 Tota12024 Income Irom dMrEtable acbvities Unreslrfcted B•slrl¢l funds funds 2025 2025 Total fund$ 25 Total 2Q24 Incorne Irom charilth act0$ 883.156 863.156 784.067 Tots12024 1.917 150 784,067 This hncludss the provision of rSlIC eoachir¥J. holKlay d&sw. (trc4) in sessions aThJ faCIle8 hirg charges. Pa99 22
COLCHESTER SCHOOL OF GYMNASTICS NOTES TO THE FIP4ANCIAL STATEMEIUS FOR THE YEAR ENDED 31 DECEMBER 2025 Income from other trxling actlvltl•s Incom• from I[wraiSIng •vants Ue¢t•d lunds Total lundJ 2025 lunds 2024 Fund goneratKJn 31,S41 311 23.621 Tca12024 23.621 23.621 During the year varit)us l#Tai$1ng ac1ni1$ tix)k pi¥e Indlij aTrJ Christsnas Display. Income from non chartlabl• tsading x1ivt Unrestrleted funds 2025 Total lunds 2025 rotal funds 2024 Trading InCm9 44,716 44,716 53,347 TotalW24 S3,347 53.347 The Charity r8i5e5 funds by veTrSrbJ mathnes for on and selL8 Sc4ast dothlng ar¥J consumYè8 for naSts. In¥¢stment Inn• Unrestrfelèd fund¥ 2025 rotal lunds 2024 funds 2025 Invesiment incomg 7,414 7014 Tota12024 4,764 4,764 Paga 23
COLCHESTER SCHOOL OF GYMNA NOTES TO THE FINANCIAL STATEMETrs FOR THE YEAR ENDED 31 DECEMBER 2025 Expndllur• on ralsing lunds Fundr8[ng tradlng expen UN¢strf¢ted funds Total tunds 2025 Total 2024 Costs of Irathng Tota12ff24 52,039 52.039 This IrKIdeS txsts aslated the verKjI m&Nnes Llothing and consumable S¢8. Analy4$ of oxpondlturn on charil•bl• xU¥lU•s Summary by fund ty funds 2025 lunds 2025 2025 2024 Charitoble acbwbes eXpeThJI[8 Governance costs 837,498 6.642 844,140 775,082 3,390 Total 21125 837.498 844.140 778.472 Tgts12024 772.241 6,231 778,472 Page 24
COLCHESTER SCHOOL OF GYMNAsncs NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 Analysls of expendllurn by •¢llvlt undertak•n dlfectty 2025 Support Total funds 2024 fund$ 2025 2025 Charilablg athties expendrtu Govemanca costs 533.061 311,079 844140 775,082 Tot•1 2025 s33.l1 311,079 844,140 778,472 Tota12024 484.077 294.395 778.4T2 An8ty81s ol dlrect costs CharFlable a¢tivitles Tolal lunds 2024 fvnd$ 2025 Wages and saarias- ¢oathi Equiprnent costs Gymnasti(* ¢osts Discounts alk)w&J 44S232 445.232 28,473 28A73 42,533 42&33 16023 407.437 25. 142 39,732 11.766 Totsl 2 533.061 S33.061 484,077 TotalW24 484.077 484,077 Page 25
COLCHESTER SCHOOL OF GYMNASTICS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 AnY•[S ol pendItUTe by acttvluos {¢ontlnugd) Anaty$lg ol support costs Charitable Qowmaneo acllvttks 2025 Tolal lund$ 2025 Total fvnds 2024 2025 Wages and saiari*s- other staff Other staff costs Premises costs Bank charges and card fees Othw overheads Other 5ff costs Interest paythe 118,039 33,020 100,144 118.039 33,020 100,144 114.369 28,709 92.825 24.994 16.439 5,977 18.959 7.656 5.724 4,804 18.959 3,390 Tolg12W25 311.079 311.079 294,395 Tota12024 291.CQS 294,395 Govemance costs Ind8 thè costs of proping the accounts and ts Ind8pandènt Exarnlnatn, plus DBS and m8mbarshipslsubscriptiorLS wuired by p9rsonnd In th&ir capaaty as those charged wth governan(8 of the charity. The Sndependenl examinerfs remuneral•)n arnounts to an iTrJependent examineT laè 01 £1,625 (2024 - £1.575), arnl preparation ol the acojjnts from a tri of £1.625 ia124- £1.575). 11. J25 2024 Wages and salarlag Socurrty costs ContnlyJtion to defin&J c0ntrknuti ¥heS 49Y.437 18,749 8,015 5632n 521.806 Page 26
NOTES TO THE FINANCIAL STATEmEPs FOR THE YEAR ENDED 31 DECEMBER 2025 11. Sl•ll costs {contInu) The aver4e numbor ol petsor6 emph)y&J by the Chaityduring year was as follfMS.' 2025 All staff Thè numbor ol ernpkn 8mFtyg beneffts {exdu(tiThJ 1pYOr nSIOn costs) exts8ded £60,000 was.. 2025 In Iho twd £60,001- £70,0 Th8 total amount ol om[oYee benefits lindu(fiThJ emF4oyer FwNon contritsjtions and employer national inSUrae contribjtionsl rac8iv8d by key man&Jement lor thar sam$ to the Charity VAS £70.876 12024.. £66.WJ81. Koy managemontc0mwts th& 80n•)r IshiP team. 12. Tru*t•8#' Ywuuneratlon arml oxpens During Ihe year, no Trustaos arry remuneration or oth8r tnefft$ (2024. £NIL). During tt)0 year erKled 31 Dnbor 2025. no Tmsteo expe have tn ltrKurred (2024. £NILJ. Page 27
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NOTES TO ThE FINANCIAL STATEMEp¥rs FOR THE YEAR ENDED 31 DECEMBER 2025 13. Tanglblo I1x ass¢t$ {¢ontlnued) Cokha$tgr S¢)01 of GyThnastics lease the land on premises is sited lti118 numt*r EX374101 from Colchester BoroLNJh counc for a PBFpercom Tent ol £1.700 y8ar. There is recognthon as a fix1 assBI lor this. prcpotty. rwised as fix1 assets atrf)ve, rektes to thg tyiklrKJ that vas subse(pently buSrt on th8 ased laThJ . consisb.ng ol thg gym hall. offi¢xs. rooms aTrJ car gyTh vrn5 fvrther &xt8ThJ8d In 2014 arKI the cost of thi8 was also CatLs8d at thè timg. 1& Stocks 2025 2024 Ck)Itn9, verKlirvJ and olher stcd( 890 9,280 15. Debtors 2025 2024 Due wlthln yow Trnde debtors Other debtors PrepayTrents arvj aru1 irtomè 195 203 12,885 7,164 14,218 7,359 16. CTedltors: Amounts t•lling due wilhin ¢)ne 2025 2024 Bank loan5 Trade credito Olher t8xafjon and seujrity Other creditors AcuvaLs and deferr&l irtomè 17.432 15,831 (174) 4,158 160.935 1.860 142.767 190A 167.267 Pagè 29
COLCHESTER SCHOOL OF GYMNAsncs NOTES TO THE FINANCIAL STATEAIEKrs FOR THE YEAR ENDED 31 DECEMBER 2 2025 2024 D&ferr1 In¢om8 at 1 January 3J25 Resources deferred during tha year Amounts released from prevb)us perKth 128.124 131,858 {128,124} 94,031 128, 124 (94,031) 131.858 128.124 Income In atharKo rektes to dasses aJKI Sess paid for in a(bRncg. The Club collects and pays ovèr British Gymnastics and Eastem Counb8s Gymnastics oCiatiOn 168$ Pa by membèrs to tha Club. Wherg these fees are yel paid ov8r to thg Iwo organlsations, at year ènd. Ih8y are recorded on the Sheet. Thèrè wara Tro such fees irlUded in Income In Advance at the year e1, IOT both this year a1 last yw. Amounts do not show on lh& SOF 17. Credltors: *Jnounl$ IAlllng du8 after rnorethan one yew 202S 2024 Bart( loar 60.306 T1 k)an with CAF on a CW aThJ basis. Page 30
COLCHESTER SCHOOL OF GYMNASTICS NOTES TO THE FINAMCIAL STATEMETr¥rs FOR THE YEAR ENDEO 31 DECEMBER 2025 18. SlateMt of fund9 Slatsm•nt of lunds. ¢urY8nt y BAl•n¢o at 31 TranOr$ Dernber Inlout 2025 Balance at 1 Jonuary 2025 In¢ome ExpuMli¢ure Unr•strfet•d lund$ Dtslgnated fvnds New heatiro system Seating 10,(KIO 10mO 35,000 unrastr1Wj funds 1,197,TTJ 966 1085,928) {661 1,278.606 T¢)tsl Unrestricted funds 12317rJ 966M IQ85.928) 1681 1,313,606 R•strict funds Jack Petchey Brovtt trwning {1235) {1A166) 3.170 {2W1) 3.170 RtstrtCt flxod 48trots fvnd$ Car park and wuiwgnl {4W1} 44.018 Total Restrfcted funds (6.64 47,188 Totsl ol lund8 1,283,737 9$927 {8Q570) 1.360.794 Page 31
COLCHESTÉR SCHOOL OF GYUNASMCS NOTES TO THE FINANCIAL STATEUENrs FOR THE YEAR ENDED 31 DECEMBER 2025 18. St•t¢mont ol lund$ (contlnu8d) Restricted FUNIS Restricted luTrJs are subj'ect to COlitN[g by L)rKxs as to Y may used. DUn9 the year the Chaity Te gTarts from The Petch8y Foundation. as p1 ol th& Achovernent A%Yards scheme. Each awartl wnngT a c8tg, Fmll ba(SJ8 and a Lx>ok from Sir Jad< Petchey as well as ch(M)sing fmlw to spend £300 to benefit the . Expenditure in the year has towards UIpment aThJ a team ty. The Restricted Asset Aosm has any squitOnI that has tn b)ught rastrthd funds capitalis1 into it along th the caMdlsan of the w park The NBV ol the car park as at 31.12.2025 was £40.241 and th8 uIpMent was rJ,777. Desnatl FuN1s Designat&J funds comprise luthls havg sat asKla at the dIretion ol tha Trustaas lor spacrf purposes. un10strth FUTh All oth¥ donat)ns ware uNestricted. Unre5MgJ FurKl$ are avwkbb for use at tho d¥%¢rètion ol thè Trustees in lurtlrm of Ihew ¢hantstrAe ctieraNes un$ tW have bean dasignated lor other wrposes. Page 32
COLCHESTER SCHOOL OF GYMNASTICS NOTES TO THE FINANCIAL STATEMENTS FOR ThE YEAR ENDED 31 DECEMBER 2025 18. Slatwnent of funds Icontlnu•dl Stakrnent ot funds. prforTrr 31 rrans18rs Dbe 2024 Unrestricted lund8 Doslgnaknj funds Naw haating teM R8furbishment Soating (25,OL) 10,000 35,000 Ggn•ral lund$ General FuThl$- all furnts 1. 131.903 865,649 {824.280J 24.SQf 1.197,773 Totsl unrestr1¢ lunds 1. 191.903 865.649 (W24,280J 1499) 1,232.773 Restricted furKIs Jack Pet¢hty 0th8r rest furts (2,581) (1.302) (1} 2.605 150 {2,581J (1.452) 2,605 Cla&% 11 Aestrthd Funds. al luTrJs (3.650) 1.9SI 48,359 Tot8114¢strfcted funds 54,746 (6.231) Totsl of fund8 1246.649 867.599 (830.511) 1.283.737 19. Summary of lund• Pago 33
COLCHESTER SCHOOL OF GYMNASTICS 140TES TO THE FINANCIAL STATEMEtr¥rs FOR THE YEAR ENDED 31 DECEMBER 2025 19. Summory of funds (contlnued} Sunwn8ry of funds- cuThentyev Bolar)ce at 31 Balance at 1 JOnry inlout 2025 DeBignatl fuThJs Gener& lurKIs Restiicted furkts Restricted fixed assei luts 35,000 1661 1.271606 3,170 44.018 1.197.TrJ 1885,tr281 12.3011 (4.3411 1,283.TJ7 969.627 1891570) 1 JfjO,794 Sumnwry of ld$. prfor yoar Balancè al 31 Trnnslets December iOut 2024 l Januwy Designated fvrKL5 General funds Restrcted funds Re8tii¢tgd fix1 asset furJ5 f25,0(Q) 24,5QY (1,452) 1.95f 35,000 1,197,773 1.131.903 865,649 (824.280J (2,581) (3.650) 48.359 1.246.649 867,599 (830.511) 1.283,737 Anotys1$ ol not assets bthiew fvnds lysls of not 88S8tg behveen fund$. cun•nt Restrlctad Lknregtri¢ted R¢thel•d Ilxed asset lunds funds lunds 2025 2025 2025 Tot fund$ 2025 TarrfJIe fExod as9els Current assets Cr6ditors e within one Cr8ditors due in more than one y8ar 913.323 44,018 947,341 3.170 I1,49)} 142.7f4)} 1190.4901 142.760) 1,313.606 3,170 44.018 1.360,794 Pag8 34
NOTES TO THE FINANCIAL STATEMEMfS FOR THE YEAR ENDED 31 DECEMBER 2025 Restricted funds 2024 run(ts 2024 funds nds 2024 Tangljla Itxed assets Currenl assets CrgJitThE ¢JJe within one year creditrS in moro than w ygar 920,758 590.552 (167.264 (60,3(} 587.947 (167.267) (60,306) 1.232.773 2,605 48,359 1.2&Y,737 21. Ron¢1114t1oTr of net movement In lunds to nd cagh flow fyom ¢perntlng actiTAUes 202S 2024 Not Income fcth& yw la8 per &atement of Fir1 I11es) 37,088 Adjustments for: Depreciation charges D8crèa5ellincreasel in str In¢rease in d8btors Increas8 in crothtors Interest paKI Inter receryed 31.871 1391 16.6561 21,Vt 1724 17A14) 28.709 (4,808) (1,563) 32.053 7,694 (4,764) Not cgah provlded by oper•tliwJ a1¥115 124.595 94.409 Pag9 35
COLCHESTER SCHOOL OF GYIIIIASTK NOTES TO THE FINANCIAL sTATEmEs FOR THE YEAR ENDED 31 DECEMBER 22$ Any$kn ot •nd u$h oqulvab8nts 2W25 2024 Cash In hand 625,595 573.913 Total cash aThl cash wulvolents S2595 573,913 AnalysLs of changgs In not debt At1 anuary 25 Cash flows At31 2025 Cash at bar and In h8nd Debt due thin 1 year Debt du8 after 1 y m.913 (15.8311 (Go.} 51.682 11.601) 17y8 62S,59S (17.432) (41780) 497,Th 67,627 565003 Page 36
COLCHESTER SCHOOL OF GYMMASTICS NOTES TO ThE HNANCIAL STATEMEiirs FOR THE YEAR ENDED 31 DECEMBER 2025 Penslon commiimenis The charity oFerates a definwj c(X)t1kn nSIOn scherne. The ass8ts 01 thg scheme are held separately from those ol Ihg charity in an 1Trdep athlinister fund. The nSIOn co81 charge represents corrtributs.ons paythe by the charty to tlp fuwKI arKI arnOuntl to £9,29012024- £8,015). £3.85612024- £1,734> was payat4e lo Ihg fu1 at th8 sheet date and are included in creditors. Opwtlny16ase cornmllments At 31 December 2025 the Charity had o)mmitments to make fure minimum lease payments uThYer Th)n- canc¥llatAg q)erab"ro1gasas as IdhyAB: 2025 2024 Not later than 1 year Laterthan 1 year a1 nol later than 5 years 7.491 3,664 13,149 11,155 folk)ng Iw& payrnants ha teen recrJni8ed as an éxpe In tha Statgrnènt of lIna activthes.. 2024 OperaiiNJ 19ase rgnl 7.33Y 26. R•latsd paity trnnsactlons During the year, six of the Trustses ol Cokhester School of Gymnastics were relat to staff rnernbers who are retsin8d Ith a ¢wtract of emF409nI or ate vduniews. Tr atyJrwJalg valuè ol th& ¢onlract of emploents is Immateri and terns are the sam$ as 0th9r staff members volunteers, with no ¢onnections. Famity member5 of Tnkstsss (*) atteThJ Sess6 al the tharrty. Ixrt ¥th rn swal tsrms. Any lated paty transa)n5 on t¢rm$ ul¥alent to Ih)se of the generd wlAic on an arms lenglh basis. Page 37