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2022-03-31-accounts

Charity alsoknownas ParkWrekinCollege GymnasticsClub
ParkWrekinGymClub
RegisteredCharityNo. 1156346
CompaniesHouse
RegistrationNo.
08703338
Correspondenceaddress The Wood,Botvyle,All Stretton,Church
Stretton,Shropshire.SY66JN
Trustees JosieVaughan
DebbieNicholls
HazelArrowsmith
KayWoolrich
ChristineStill
BrettInce
JemmaParry
BrettRacher
SamanthaPaddock
IndependentExaminer MrJames Coats, 15 BayleyHills,
Edgemond,Newport,ShropshireTF10
BJG
Bankers CAFBank,25Kings HillAvenue,Kings
Hill, WestMalling,Kent.ME194JQ

PARK WREKIN COLLEGE SCHOOL OF GYMNASTICS AND DANCE LIMITED (CHARITY NO. 1156346 COMPANY NO. 08703338)

STATEMENT OF FINANCIAL ACTIVITY FOR THE YEAR ENDED 31ST MARCH 2022

Note
INCOME AND EXPENDITURE
Incoming Resources
Subscriptions
Pre-School
Fund Raising
Sale of Goods
Donations
Grants received
Courses
Gymnasts Insurance Contributions
Rental Income
Interest Received
Sundry income
Total Incoming Resources
Resources Expended
Direct Charitable Expenditure
Provision of Gymnastics and Dance Training
Other Expenditure
Gymnasium Charlton Sports Hall
Management and Administration
Total Sources Expended
NET OUT GOING RESOURCES BEFORE TRANSFERS
Transfers between Fund
NET OUTGOING RESOURCES FOR THE YEAR
Fund balance brought forward @ 1st April 2021
FUND BALANCE CARRIED FORWARD AT 31ST MARCH 2022
31.03.22
31.03.22
31.03.22
31.03.21
453,900
453,900
129,605
30,055
30,055
6,899
1,394
1,394
2,143
40,628
40,628
5,004
-
2,000
20,390
20,390
43,941
14,934
14,934
2,670
-
-
-
6,100
6,100
8,135
7
7
8
3,045
3,045
4,828
General
Funds
Restricted
Funds
Total Funds Total Funds
570,453
-
570,453
199,894
407,226
-
407,226
192,081
39,730
-
38,480
26,754
71,564
-
71,564
24,508
518,520
-
517,269
243,343
51,933
-
53,184
43,449
-
-
-
-
-
51,933
-
53,184
43,449
-
174,131
-
174,131
217,580
226,064
-
227,315
174,131

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PARK WREKIN COLLEGE SCHOOL OF GYMNASTICS AND DANCE LIMITED (CHARITY NO. 1156346 COMPANY NO. 08703338)

NOTES
1. Grants Received
Telford & Wrekin Coucil - Sports Grants
British Gymnastics
2. Provision of Gymnastics and Dance Training
Coach’s expenses
PAYE, NI & Pension
Pre-School
Lilleshall Sports Hall expense
Coaches & Club insurance
Gymnast Training Camps
Competition
Coach/Judge Training
Equipment maintenance/renewals
Depreciation of equipment
3. Gymnasium Charlton Sports Hall
Charlton Sports Hall Build & Maintenance
Utilities
Cleaning
Premises Insurance
Legal Expenses
4. Management and Administration
Purchase of resale goods (w/o redundant stock)
Marketing/Advertising
Administration
Sundry expenses
31.03.22
31.03.22
31.03.22
31.03.21
12,390
12,390 39,941
8,000
8,000 4,000
331,352
331,352
142,074
13,270
13,270
2,985
11
11
7,728
7,728
928
1,013
1,013
1,328
222
222
7,170
7,170
720
-
727
727
2,902
2,902
2,347
42,830
42,830
43,140
General
Funds
Restricted
Funds
Total Funds Total Funds
407,226
407,226
192,081
14,760
14,760
10,680
18,842
18,842
13,386
4,878
4,878
2,688
1,250
-
39,730
38,480
26,754
17,871
17,871
1,296
28
28
60
39,824
39,824
20,493
13,840
13,840
2,658
71,564
71,564
24,508

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PARK WREKIN COLLEGE SCHOOL OF GYMNASTICS AND DANCE LIMITED (CHARITY NO. 1156346 COMPANY NO. 08703338)

BALANCE SHEET AS AT 31ST MARCH 2022

31.03.22 31.03.21 31.03.21
General Funds General Funds
FIXED ASSESTS:
Gymnastics equipment 14,881 52,883
CURRENT ASSESTS:
Stock 20,936 20,194
Gymnast Pre Payments
Cash in hand 35 35
CAF Bank PLC
-Current Account 103,923 39,017
- Gold Savings Account 40,827 25,761
- Fund Raising Account 10,812 9,590
- Wages 30,458 23,871
- Scottish Widows 7 Day Notice Account 1,006 1,005
207,996 119,473
CURRENT LIABILITIES:
Accrued expenses - 5,032
- 7,681
PAYE to pay to HMRC 1,824 4,106
Net Wages - 0
1,199
Pension 21 601
- 3,187
- 1,775
226,064 174,131
FINANCED BY:
CAPITAL ACCOUNT
Balance brought forward 174,131 217,580
Add: Surplus of income over expenditure 51,933 - 43,449
226,064 174,131

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PARK WREKIN COLLEGE SCHOOL OF GYMNASTICS AND DANCE LIMITED (CHARITY NO. 1156346 COMPANY NO. 08703338)

TANGIBLE FIXED ASSESTS SCHEDULE 31ST MARCH 2022

COST
At 1st April 2021
Additions
At 31st March 2022
DEPRECIATION
At 1st April 2021
Charge for year
At 31st March 2022
NET BOOK VALUE
At 1st April 2021
At 31st March 2022
270,414
4,829
Gymnastic
Equipment
275,242
217,531
42,830
260,361
52,883
14,881

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PARK WREKIN COLLEGE SCHOOL OF GYMNASTICS AND DANCE LIMITED (CHARITY NO. 1156346 COMPANY NO. 08703338)

CURRENT ASSESTS SCHEDULE 31ST MARCH 2022

STOCKS
Opening value as at 1st April 2021
Stock movements: 01/04/2021 - 31/03/2022
Closing Stock as at 31st March 2022
20,194
742
20,936

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IdoeDendent examinerfs reDOrt to the trustees of Park Wrekin College School of Gymnastics and n￿- Registered Chaiity No. 1156346, Companies House Registration No. 08703338 I report on the accounts of the Trust forthe year ended 31" March 2022. which are set out on Daoes 01 to 05 attached. 4iective resDonslDlllties of trustees and examiner The charity's trustees are responsible forthe preparation of the accounts. The charity's trustee5 consider that an audit is not required for this year under section 144121 of the Charities Act 2011 Ithe 2011 Act) and that an independent examination is needed. It is mv resDonsibilitv to= examine the accounts under section 145 of the 2011 Act- to follow the Drocedures laid down in the 2eneral Directions oiven bv the Charitv Commission Lrnder section 14515llbl of the 2011 Act. and to state whether particular matters have come to my attention. Basis of independent examlnevs rebX>rt My examination was carried out in accordan￿ with the general Directions given by the Charity Commission. An examination includes a review of the accountin2 records keDt bv the charitv and a comparison of the accounts presented with those records. It a150 includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concernin£ anv such matters. The Drocedures undertaken do not Drovide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view. and the report is limited to those matter5 set out in the statement below. Independent examiner's ststement In connection with my examination. no matter has come to my attention= 111 which Rives me reasonable cause to believe that in any materièl respect the reouirements.. to keep accounting records in accordance with sertion 130 of the 2011 Art- and to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met- or 121 to which. in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. 24>L Name.. James Coats Relevant professional qualification or body lif any)". FCCA Address: 15. Bayley Hills, Edgemond, Newport. Shropshire. TFIO 8JG