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2021-12-31-accounts

Type ofgoverning
document
How the charit
is constituted
Chantable IncorPorated Organisation (CIO)
Trustee selection methods Appointed by existing trustees
Additional
governance
issues {Optional information)
You may choose to include
additional
information,
where
relevant,
about:
Abbey Gym Club is affiliated
with British Gymnastics
(BG)and uses the
facilities provided
by BGto train its trustees and coaches as appropriate.
Abbey Gym Club has adopted the major policies of BG regarding
the
safeguarding
ofchildren
in its care.
~ policies and procedures
adopted for the induction
and
training
oftrustees;
~ the charity's
organisational
structure
and any wider
network
with which the charity
works;
~ relationship
with any related
parties;
~ trustees'
consideration
of
major risks and the system
and procedures
to manage
them.

Following the COVID epidemic we were unable to operate,
until
You may choose to include September 2021.
further statements, where
relevant, about: During lockdown we lost several volunteers
and coaches who have
~ policy on grantmaking; moved-on
to other activities. However we have managed
to obtain the
services ofone new coach.
~ policy programme related
investment; As such we have had to cut back on the number ofsessions we can
~ contribution made by offer, until we have managed
to find more coachesivolunteers.
volunteers.
0
~
e
e
Whilst we were able to train during
Autumn
Term 2021,the Club ran
at
least 9sessions per week ofgymnastics
with around 100children
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 we were unable to operate sessions we continued to
post activities suitable for home practice on the Club's website.
The Trustees have decided to wait to appoint a new Trustee
until 2022..
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
Buckinghamshire.
The Club's reserves,
excluding
refundable
deposits, at the end ofthe
Brief statement ofthe period stood atf99,5000, However as some ofthis includes monies that
charity's policy on reserves 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 funds were built-up to help fund the new facility. However as we are
having to start the process again we will release some ofthe funds to
help finance replacement
equipment.
Details ofany funds materially
in deficit
Further financial review details (Optional information)
You may choose to
additional
information,
relevant about:
include
where
Most ofthe Club's income is from the fees charged for gymnastics
instruction.
The Club currently
has stopped
raising funds fora new
facility until we can return to active gymnastics
following the COVID-19
shutdown.
~ the charity's principal
sources offunds
any fundraising);
(including The Club's major expenditure
during the period was to pay costs
associated
with coaching;
hall hire fees; and replacement
equipment.
~ how expenditure has These expenses are directly linked to the provision ofgymnastics
supported
the
key objectives instruction
as set out above.

~
~
~ ~ e
s a e ~ ~ ~ e Unrestricted Restricted Endowment
funds funds funds
tonearest E to nearest E to nearest E
B1Cash funds Cunent Account 10,465
Savatgs Account 89,001
Members Deposits (Agency) 3,300
Total cash ftrnds 99,51$
(agree tratancea with receipts and payments
account(a))
Unrestricted Restricted Endowment
funds funds funds
Details to nearest E to nearest E to nearest E
B2Other monetary assets
Details Fund to which
asset belon
Cunant value
nal
B3Investment assets
Details Fund to which
asset bel
Cunent value
nal
B4Assets retained forthe
charityt's own use
Deta iis Fund to which
gab
relates
Amount due
na
When
0
due
md