Park Wrekin College School of Gymnastics and Dance Limited Registered Charity No. 1156346 Companies House Registration No. 08703338
Trustees Report and Financial Accounts for Year ending 31[st] March 2025
Park Wrekin College School of Gymnastics and Dance Limited
Charity Information
for Year ending 31[st] March 2025
Charity also known as Park Wrekin College Gymnastics Club Park Wrekin Gym Club Registered Charity No. 1156346 Companies House Registration No. 08703338 Correspondence address Park Gymnastics Centre, Severn Drive, Wellington, TF1 3LE Trustees Debbie Nicholls Hazel Arrowsmith Kay Woolrich Christine Still Brett Ince Jemma Parry Brett Racher Samantha Paddock Independent Examiner Mr James Coats, 15 Bayley Hills, Edgemond, Newport, Shropshire TF10 8JG Bankers CAF Bank, 25 Kings Hill Avenue, Kings Hill, West Malling, Kent. ME19 4JQ
The Trustees present their report and accounts for the year ended 31[st] March 2025.
The charity is governed by its Articles of Association adopted on 1[st] April 2014. Its objective is to provide for young persons in the Wrekin District and surrounding area, facilities to encourage and develop their participation in gymnastics and dance.
The trustees, together with representatives from coaching staff and gymnasts meet regularly to manage the charities affairs.
Our Elite Programme, led by Brett Ince has had a very exciting year. Alice Kinsella led the GB team to an impressive 4th place at the Paris Olympics achieving 12th place individually. Brett was the GB coach at the Olympic Games. Our Senior team took the silver medal at the British Team Championship and our Juniors the silver medal as well.Helena Finc won the British Junior Championship with Jamie Reyner Corbett 4th. Crystelle Lake achieved 5[th] place at the British Senior Championship.
We have 161 gymnasts competing at various levels and a total membership of 1,200 gymnasts. We also provide classes for autistic children and those who are home schooled. Pre-school classes run every day of the week, and the building is busy 9am-9pm each weekday and 9am-5pm at the weekends. We have 40 members of staff making sure everything runs smoothly.
The statement of financial activity has been prepared in accordance with the statutory provisions and code of practice which apply to registered charities. The accounting statements have been reviewed by an independent examiner and are attached to this report.
The Club has recorded a profit of £108,384 for the year ended 31[st] March 2025. All costs are regularly monitored by the management committee and prompt actions taken at an early stage to deal with any unexpected developments
Finally the Trustees would like to thank the many volunteers who have been involved in organising, managing and raising funds for the club over the year; our success is only possible because of their outstanding dedication and support.
Approved by the trustees and signed on their behalf by,
. . . . . . . . . . . . . . . . . . Kay Woolrich (Trustee/Chair)
Date: .18/12/2025 . . . . . . . . . .
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 2025
| Note INCOME AND EXPENDITURE Incoming Resources Subscriptions Pre-School Fund Raising Sale of Goods Donations Grants received Courses 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 2024 FUND BALANCE CARRIED FORWARD AT 31ST MARCH 2025 |
31.03.25 31.03.25 31.03.25 31.03.24 694,051 694,051 572,570 67,812 67,812 47,413 29,129 29,129 3,285 41,924 41,924 22,866 1,000 1,000 - 6,000 6,000 2,500 20,553 20,553 29,351 7,260 7,260 12,589 5,129 5,129 3,665 7,902 7,902 16,949 880,761 - 880,761 711,189 522,011 - 522,011 569,687 51,496 - 51,496 79,136 198,871 - 198,871 61,313 772,378 - 772,378 710,136 108,384 - 108,384 1,053 - - - - 108,384 - 108,384 1,053 250,372 - 250,372 249,319 358,756 - 358,756 250,372 Restricted Funds Total Funds Total Funds General Funds |
|---|---|
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PARK WREKIN COLLEGE SCHOOL OF GYMNASTICS AND DANCE LIMITED (CHARITY NO. 1156346 COMPANY NO. 08703338)
| NOTES 1. Grants Received British Gymnastics St James Place Tesco/Groundworks 2. Provision of Gymnastics and Dance Training Coach’s expenses PAYE, NI & Pension 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 Consultancy & Professional Expenses 4. Management and Administration Purchase of resale goods (w/o redundant stock) Marketing/Advertising Computer & Software Fundraising Administration Bank and Card Machine Charges Sundry expenses |
31.03.25 31.03.25 31.03.25 31.03.24 2,500 2,500 2,500 2,500 2,500 1,000 1,000 418,137 418,137 492,646 23,491 23,491 25,359 20,669 20,669 16,631 1,227 1,227 1,190 - - - 22,194 22,194 22,214 2,076 2,076 420 3,461 3,461 1,964 30,757 30,757 9,263 522,011 522,011 569,687 13,672 13,672 23,755 23,973 23,973 49,675 13,851 13,851 5,013 - - - - - 692 51,496 51,496 79,136 34,496 34,496 14,264 - - - 15,695 15,695 909 4,421 4,421 120,736 120,736 38,284 12,562 12,562 10,960 10,960 7,855 198,871 198,871 61,313 General Funds Restricted Funds Total Funds Total Funds |
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PARK WREKIN COLLEGE SCHOOL OF GYMNASTICS AND DANCE LIMITED (CHARITY NO. 1156346 COMPANY NO. 08703338)
| BALANCE SHEET AS AT | BALANCE SHEET AS AT | ||||||
|---|---|---|---|---|---|---|---|
| 31ST MARCH 2025 | |||||||
| 31.03.25 | 31.03.24 | ||||||
| General Funds | General Funds | ||||||
| FIXED ASSESTS: | |||||||
| Gymnastics equipment | 69,308 | 12,693 | |||||
| CURRENT ASSESTS: | |||||||
| Stock | 28,989 | 20,722 | |||||
| Cash in hand | 35 | 35 | |||||
| Trade Debtors | 38,508 | ||||||
| CAF Bank PLC | |||||||
| -Current Account | 38,647 | 53,848 | |||||
| - Gold Savings Account | 194,955 | 174,252 | |||||
| - Fund Raising Account | 1,021 | 245 | |||||
| - Wages | 8,697 | 1,894 | |||||
| CURRENT LIABILITIES: | 310,851 | 250,995 | |||||
| Accrued expenses | 5,636 | - | 550 |
||||
| Trade Creditors | 6,619 | 3,524 | |||||
| PAYE to pay to HMRC | 9,148 | 10,342 | |||||
| Net Wages | |||||||
| Pension | 21,403 | 13,316 | |||||
| 358,756 | 250,372 | ||||||
| FINANCED BY: | |||||||
| CAPITAL ACCOUNT | |||||||
| Balance brought forward | 250,372 | 249,319 | |||||
| Add: Surplus of income over expenditure | 108,384 | 1,053 | |||||
| 358,756 | 250,372 |
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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 2025
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Gymnastic
Equipment
COST
At 1st April 2024 293,373
Additions 87,373
At 31st March 2025 380,746
DEPRECIATION
At 1st April 2024 280,681
Charge for year 30,757
At 31st March 2025 311,438
NET BOOK VALUE
At 1st April 2024 12,693
At 31st March 2025 69,308
----- End of picture text -----
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PARK WREKIN COLLEGE SCHOOL OF GYMNASTICS AND DANCE LIMITED (CHARITY NO. 1156346 COMPANY NO. 08703338)
CURRENT ASSESTS SCHEDULE 31ST MARCH 2025
| STOCKS Opening value as at 1st April 2024 Stock movements: 01/04/2024 - 31/03/2025 Closing Stock as at 31st March 2025 |
20,722 8,267 28,989 |
|---|---|
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Independent examinerfs report to the trustees of Park Wrekin College School of Gymnastics and Dance- Registered Charity No. 1156346. Companies House Registration No. 08703338 I report on the accounts of the Trust for the year ended 31" March 2025, which are set out on pages 01 to 05 attached. Respective re5pon5ibilities of trustees and examtner The charity's trustees are responsible forthe prepardtion of the accounts. The charity's trustees consider that an audit is not required for this year under section 144(21 of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It is my responsibility to: examine the accounts under section 145 of the 2011 Act," to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(51{b) of the 2011 Act; and to state whether particular matters have come to my attention. Basis of independent examiner's report My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes constderation of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide 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 matters set out in the statement below. Independent examiner's statement In connection with my examination, no matter has come to my attention: {1) which gives me reasonable cause to believe that in any material respect the requirements: to keep accounting records in accordance with section 130 of the 2011 Act; 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 12) to which. in my opinion. attention should be drawn in order to enable a proper understanding of the accounts to be reached. Signed: Name: James Coats Relevant professional qualification or body (if any): FCCA Address: 15, Bayley Hills, Edgemond, Newport. Shropshire, TFIO 8JG