2020-12-31-accounts

these objects (include within this section the statutory declaration that trustees have	these objects (include within this section the statutory declaration that trustees have	This activity is at the heart ofthe Club's charitable objects of"promotion of community participation in healthy recreation in particular by the provision of ...instruction for gymnastics". Classes are typically of
had regard	to the guidance	one hour or one and a half hours' duration with participants grouped into
issued by the Charity Commission on public benefit)		age Iability ranges. To improve opportunities for participation, Abbey Gym Club operates a discount scheme for children whose parents / guardians receive certain state benefits, for large families (3 or more children j, and for children with
		disabilities. Discounts are up to40%of normal fee rates.
		The Club has been so successful at providing gymnastics instruction in a
		family-friendly and inclusive manner that it had around 220 members who, pre-COVID, participated each week, and a further 200+ children on
		its waiting list.
		The Club operates out ofa local school hall which gives the Club 3main
		issues:
		1. The hall size is smaller than a gymnastics floor area, and is also
		much smaller than the minimum size recommended by British
		Gymnastics, so the Club can only offer a limited range of equipment for its gymnasts, and can accommodate a restricted
		number ofgymnasts; 2. The Club can only hire the school hall three evenings per week
		plus Saturday mornings, thus restricting the numbers ofgymnasts that can be accommodated in classes;
		3. The equipment must be set up at the beginning ofevery session and taken down again at the end ofevery session; this takes 30-
		45 minutes for set-up and the same for put-away, and creates
		excess wear and tear on both the Club's equipment and its
		volunteers.
		Toovercome the above issues, the Club has actively pursued the
		possibility of building its own gymnastics facility.
		In 2015,the Club identified a potential site on which to build a new gymnastics facility and developed drawings to test the concept. Conditional planning permission was granted by Chiltern District Council
		on Thursday 22 October 2015.
		However during further discussions related to the site with the freeholder, Chiltern District Council, and the sub-leaseholders (Prestwood Sports
		and Leisure and GLL Ltd) during the COVID lockdown period conditions which we had not previously been aware ofcame to light that made continuing with the project unviable, so that in Autumn we made the decision to withdraw from the project, whilst continuing to look for
		alternative facilities. .
		Public Benefit
		The trustees have all read the guidance issued by the Charity Commission on Public Benefit. In planning the Club's activities for the
		period, the trustees have complied with their duty to have due regard to this guidance throughout the period. The trustees believe that all activities undertaken are directly related tothe Club's objects and
		represent benefit to the public.

~	policy on	grantmaking;	grantmaking;	grantmaking;
	policy programme			related
	investment;
~	contribution		made	by
	volunteers.
					a a a r s ~ ~ r
					Whilst we were able to train, the Club ran at least 12sessions per week
					ofgymnastics instruction during Spring school term with around 220 children and young people participating each week.
					Abbey Gym Club operates the British Gymnastics (BG) badges scheme and has also developed its own awards scheme. During the period of
					this report 52 badges were awarded to gymnasts.
					On 17March, following the Governments announcement that all physical activities should cease because ofthe COVID-19 outbreak, the Club
					ceased activities, and we have not been in a position to restart, because
					the School we meet at is not allowing any after-school activities.
					We continued to post activities suitable for home practice on the Club's
					website.
					Indications are that we will not be in a position to restart until after the
					2021 Summer Holidays.
					Until we know what the situation will be we have decided not to elect a
					replacement Trustee for the one who resigned last year.
					Having had to withdraw from the project to build a new facility, the Club will continue to search for a suitable facility, however we realise this
					means we will have to widen our search area to include other parts of
					southern Buckijghamshire.
	Briefstatement of charity's policy on			the reserves	Abbey Gym Club had actively been saving money to build a new gymnastics facility for which it had gained gained planning. However during the Summer conditions about the lease for the site became apparent that resulted in us having to withdraw from the project,
					The, the Club's reserves, excluding deposits, at the end ofthe period stood at 898,630, However as some ofthis includes monies that were donated specifically for the purposes of building the new facility, the Club is in the process ofcontacting the donors to determine ifthey wish for their donations to be returned The results ofthis will be included in the
					next years accounts.
	Details ofany funds materially
	in deficit
					March 2012
	TAR

								ABBEYGYM CLUB	ABBEYGYM CLUB					1156313
								Receipts and			payments		accounts				CC16a
								Forthe period from		01/01/2020		To		31/12/2020
	'
		-
~				~		~	e
								Unrestricted funds		Restricted funds		Endowment funds		Total	funds		Last year
								tothe nearest 8		tothe nearest 8		tothe nearest 8		tothe nearest		8	tothe nearest 6
A1 Receipts
Gymnastics	Activities								14,786						14,786		49,838
Fundraising	etc								2,393						2,393		4,273
Repayment
Interest																	715
Funds Held	As Agent								787							787	1,252
Member Deposits																	3,300
Sub total		(Gross income forAR)							18,843								59,379
A2 Asset	and	investment			sales,	{see
table).
					Sub total
			Total receipts						18,643						18,643		59,379
A3 Pa ments
Coaching Costs									7,751						7,751		19,480
Fadlity Hire																	13,763
Club Admin									217							217	5,050
Sprinters Building
Fundraising
Funds Held	As Agent								1,142						1,142
Equipment									2,175						2,175		3,966
Transfer to	Member Deposits
					Sub	total			11,285						11+85
A4 Asset	and	investment			purchases,
{seetable)
					Sub	total
			Total		payments				11,285						11,2&5		44,537
Net ofreceiptsl(payments)									7,358						7,358		14,842
A5 Transfers		between funds
A6 Cash	funds last		year	end					91,272		3,300				94,572		68,416
	Cash funds this year					end			98,630		3,300				101,930		83,258

	~	a		~		~	e	~	~	e	~ ~
								Unrestricted			Restricted			Endowment
								funds			funds			funds
								to nearest 8			to nearest		8	to nearest	8
B1Cash		funds			Current Account				9,807
					Savings Account				88,823
					Members	Deposits	(Agency)						3300
							Total cash funds		98,630			3,300
					(agree balances		with receipts and payments
							account(s))
								Unrestricted			Restricted			Endowment
								funds			funds			funds
					Deta!!s			to nearest R			to nearest		f	to nearest	K
B2Other		monetary assets
					Detaiis			Fund asset	to which belon					Current value o onal
B3Investment			assets
					Details			Fund asset	to which belon s		C	.		Current value o tional
B4Assets retained forthe
charity's		own use
					Dataiis			Fund liabil'	towhich relates		Amount due o onal			When due o onal
B5Liabilities
Signed by one or two trustees on all the trustees				behalf of		Signature			Print	Name				Date of a rovai
CCXX		R2 accounts (SS)												17/10/2021