## ## |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||