Company registration nuMr.. 06461462 Charity. registration number. 1158173 C B F Gymnasiums Ltd knowt] as Community Based Fithess Gymnasiums (A company limited by guarantee) Annual Report and Financial Statements for the Year Ended 31 January 2024 Comn)unily ALcounling Plus Uniis l & 2 North West 41 TalLx)i Street Noitingham NGI 5GL
C B F Gymnasiums Ltd knoivn as Community Based Fitne55 Gymnasiums Contents Reference and Administrative Details Trustees, Report 2to5 Independent ExaMineS Report Statement of Financial Activities 7t08 Balance Sheet Notes to the Financial Ststements Ioto 19
C B F Gymnasiums Ltd knoivn as Community Based Fitne55 Gymnasiums Reference and Administrative Details Trustees Rachael Hayward Richard McDonald Keiren Thomp50n Joanne Dexter SeThior Management Team Charity Registration Number 1158173 Company Registration Nurnber 06461462 Registered Office Mellish Sports Centr¢ Kemmel Road Bulwell Nottingham NG69FH ItLdepeDdellt Examiner John O'Brien, employee of Communit>, Accounting Plus Units l & 2 North West 41 Talbot Street Noiiingham NGI 5GL Page I
C B F Gymnasiums Ltd knoivn as Community Based Fitne55 Gymnasiums Trustees, Report The irustees. whl) are directors for the purposes of company law, present the annual report together with the financial ststements and auditors, report of the charitable company for the year ended J l January 2024. Trustee5 and officers Tl)e trustees and office[5 serving during the year and since the year end were as folloivs.. Trustees.. Rachael Hayward Richard McDonald Keiren Thlimpson Structure? governance and management ofgovernlmg d(>¢umeni The chariry is a company limiied by guarantee and registered chariry. It is operated under the rules of its memorandum and articles of association dated 2 January 2008 as amended by special resolution registered at Companies House on 5 August 2014. The company registered as a charity on 8 August 2014. It is a company limited by guarantee and therefore has no share capital. The liability of each member in the event of w".inding-up is limited to £1 O. Recruilmenl anduppoinlnienl of iru51eeJ Overall managFement of the company 15 the resp0115ibility of the director5 who are elected and co-opted under the tetins of the memorandum and articles of associatioi). CBF G)qniIasiuS Ltd are always oli the lookoiit for new members that are able to bring w'ith them skills and experiences to make the Manageinei)t Coinmittee {MC) much stronger and able to run our organisation in a better M'ay. Day to day project activity is managed and carried out bj volunieers and paid statT. The Board are currenily considering iaking on one or two additional members. We would recruit by word of mouih. through members and Service Providers. ObjectiTr'es and activities Objeets andtslms The principal objects of the company are.. l. To promote for the benefit of the illhabitsnts of Nottingham citi, and the suOund1ng area the provision of facilities for recreation or other leisure time occupation of individuals who have need of such facilities by reason of their youth, age, infinnity or, financial hardship or social and economic circumstances or for the public at large in the interests of social welfare and with the object of improving the conditions of life of the said inhabitants. 2. Th¢ promi)tion of ¢ommunity participation in healthy recreation by the provision of a community gym and Sports Centre. Page 2
C B F Gymnasiums Ltd knoivn as Community Based Fitne55 Gymnasiums Trustees, Report Objeclives, slraiegies nd uclivilies Our main activiiies include.. * Accessible affordable £vm access., * Free actlvilies for children and young people 5-19 years: • Fitness training; Support local clubs Gymnasrics. Trampolining , Taekwondo. Kickboxing: Badminton., Table Tennis: • Football (indoor and outdoor pitches). Cricket Batting Nets., Basket Ball., Boot camps, Yoga. Circuit Training. Legs Bum5 and Tiijns Zumba Gold: • Parties & Seasonal Events,. Blood Donors, Voting and councillor sllrgeriest,. • Multi Sports Camp (Hoilday Activity Flind} in the School Holidays; • 60+ Badminton. • Walking Nctball. Winter indoor bowls,. Children and adult5 Dance cla5se5; Boxin¥ coaches- Aebel adult leaTnin¥ ¥roup', Wheelchair basketball; Trampolining; Gymnastics: Martial Arts; Karate. Achievement5 and performance Events and Groups supported.. Holiday Activity schemes (over 200 attendees),. Our Ladys school sponsored events., Night Flyers rampolining competition- over 800 attendees- Our Ladys sports days x 2: * Older persons 'Aging well. event; Charity Football Event • Farewell party for one of our local councillors., • Indoor bow15 winter venue,. • David Lilley football coaching- with over 600 childen and young people registered,. • Matches every Saturday and Sunday with additional eveing coaching sessions- indoor and outdoors: New dance claEse% for children and adult%, Saturdays, Tue%days and Wednc%days', Mellish now also offer subsidised personal training sessions to th¢ local ¢ommunity. Page 3
C B F Gymnasiums Ltd knoivn as Community Based Fitne55 Gymnasiums Trustees, Report Public benefit The centre offers our local community affurdable and acLessible health and wellbein¥ activities for the whole family. Over the years of operation we continue to engage in all areas of the community. We CUTrently have i board member5. 7 ineinbers of staff and arouiid 5 volunteers. We prioritise encoura¥in¥ children and youn¥ people, who iioiild othetTrVi5e poteiitaily ch005e critne aiid anti-social beliavioiir as past time: and we support them in potenetial employment. en&Ta¥Fe them in progFrainnies, and 5igFnp05t them to help with CV5 and careers advice through oiir partnership with the NottingFhain City Council. We are always working hard to introduce new initiatives to Inake our projects sustainable. We now have a lease with a subsidy of £20,000 a year from NCC untill 2025. After this period ive have a letter of inteniion from the council to lease the cenire for a further 5 years - 7 years in toial. This enables a longer iemi Strategic Plan w be pui in place to ensure we have longevity and some sugthinability. We have managed to do this w".ith the commitment. expertise and passion of the majority of the board members, staff and volunteers. We have also built a good rapport w'ith our partners including the local schools Cantrell Primarv school. Healthfield primary school, Our Lady's Primary school, Bulwell Forest Bowls club and Bestwood partnership. Th¢ Trustees confirm that they hgve complied with the requirements of section 17 of the Charities Act ?01 I to have due regard to the public benefit guidance published by the Charity Cornmission for England and Wales. Financial review Pvlicy re&erve5 The organi5ation has no specific policy with regard to the level of reserves. Small eompanies provislon statement This report has been prepared in accordance with the small companies regime under the Companies Act 2006. Page 4
C B F Gymn45ium$ Ltd know'n AS Commynlty Based Ffitness Gymnaslums Trustee$, Report Statement of Respon&lb511ttes The Iru5t¢¢b I.hO ar¢ alw the dir¢rlOts of c B F Ciyinnasiums Lid fDr th¢ PUryK)%es of coinpany lawl are r¢sponsible for prepllring ihe misiees, report and the financial statemen15 in accordance M'ith applicable l#u' and United Kingdom Accounting Siandards Iunittd Kingdom Gcncrally A¢c¢pied Ac¢ouniing Practice), inclu(fing PKS 102 '-lThe Trinan¢i81 Report&li8 Standard appli¢abl¢ in Iht UK and Kepublic of Ireland" lfr¥ pUll atid occounts have been prepared in accordanee with ihe proi'isions in the Companies ACT 2006 relating to small compatlies. Company law requir¢5 Ib¢ trusiees 10 pr¢par¢ fmlncial staiemeDts for ¢ach fancIal year. Under comp8ny law the ITusi¢es must not opprove the fLnaJJcial siaicments unless Ihey ar¢ 821isfied thai tb¢y give a tru¢ and fair view of the 51ai¢ tsf affairs of lh¢ whariiabl¢ ¥otnpany and of th¢ inLotttiii¥ r¢50uir¢s gnd appliLalion of r¢sources. in¢ludin8 lis in¢ome and expenditure, of the ¢hariiable compan), for that period. In preparin8 Ihts¢ financial statements. the twsie¢s arc Tequired io.. select suitable #cctsuniiThg policies and Apply ththn consisienily., observc the inediods and principles in ihe CbaTiiie5 SORP. make judgemenL¥ and e81imates that are rca50nable and prudeni,. siaie ivheiher gppli¢abl¢ a¢couniing slgndaTds, compri%ing FRS 102 have been lolloived. subjeci to ), material dep8rtur¢s digelosed und cxplAin¢d in th¢ financial statem¢ots.' and prep3re Ihe finan¢ial siaieinertls utt the going Concern ba515 unles5 li Is inapprupTlal¢ to ptt$umc ihal ihe haritable company .11[ coniinuc in businc8s. The rNsiccs arc respon5ibl¢ fvr k¢Lpins propcr accounti*g iEcordb ihat clln dis¢105e with IL8Svnablc uccura¢y st any lime ihe financial p0511ion of the Lhariiable ¢ompany and enablt ihcm to cn5ure that the financial stsrctntnts coinply waih Ihe Coinpanics Act 2006, Thcy ar¢ also respons2ble for safeguarding the asscls of Ihc chariiablc comp&ny and hen¢¢ for taksng r¢asonJbl¢ steps for the pr¢w¢nlion and d¢iection of fraud and other irr¢gulariiies. The tNsiees £re responssbl¢ foF lh¢ mainl¢nance and inle8rily of Ihe corporate and financial infonnaiion itt¢luil¢d on the ch8Tiiable Company's iveb511e. Legislaiion 80I'ernin8 the preparation and dis4¢niinaiion of finan¢ial statementg may ditrTer from legislRlion itt other jijrisditiions. Th¢ aDnual report Ivas approv¢d by Ihe tru$iees of lh¢ charity on . and signed on its behalf by.. Racha¢l Hayw Trustee Pa8e 5
C B F Gymnasiums Ltd knoivn as Community Based Fitne55 Gymnasiums Independent Examiner's Report to the trustees of C B F Gymnasiums Ltd ('the Company,) Independent examiner's report to the trustees of C B F Gymnasiums Ltd ('the Company,) I report to the charity trustees on my examination of the accliunts of the company for the year ended 31 January 2024. Responsibilitie5 and basis of report As the charity's trusiees of the Company (and also its directors for ihe purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Aci ?006 ('the 2006 Act'}. Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination: I report in respect of m), examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'}. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(51{b) of the 2011 Aci. Independent e¥aminer's statement I have completed my examination. I confimi that no matters have come to my attention in connection with the examination gFivin¥ me cause to believe that in aiiy Tnaterial respect.. l. accounting records were not kept in respect of the Company as required by section i86 of the 2006 Act,. or 2. the accounts do not accord with Ihose records; or the accounts do not coinpl}' with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true ld faiT' view which is iiot a Inatter considered as part of an indepeiideiit exatnination., or 4. the accounts have not beeii prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting b}, charities lapplicable to charities preparing Iheir accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 10211. I have no concerns and have come acros5 110 other Inatters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. John O'Brien Msc, FAIA. FCCA, FCIE. employee of Community Accounting Plus Fellow of the Association of Charity. Independent Examiners Units l & 2 North West 41 TalLx)t Street Nottingham NGI 5GL 1010912024 Page 6
C B F Gymnasiums Ltd knoivn as Community Based Fitne55 Gymnasiums Statement of Financial Aetivities for the Year Ended 31 January 2024 (Ineluding Income and Expenditure Account and Statement of Total Recognised Gains and Losses} Total 2024 Total 2023 Unrestrieted Restrieted Note Income and Endowments from: Donatiot]s and legacies Charitable activities 32.292 97,505 32.292 108,355 37,606 119,233 10,850 Total Incoime 129,797 10,850 140,647 156,8)9 Expenditure on: Charitable activities 136.7n9 110,135 1146,844 175,129 Total Expenditure (136,709) 110,135) 1146.844) (175,129) Net {expenditure}lincome (6,912) 715 (6,197) 118,290) Net movement in funds (6,912) 715 (6,197) 118,290) Reconciliation of funds Total funds brought forward 7,440 2,985 9,725 28,015 Total funds carried forward 14 528 3,000 i,528 9,725 All of the charity's activities derive from coniinuing operaiions during ihe above two periods. The notes on pages 10 to 19 fL)rn) an integral part of these financial siatements. Page 7
C B F Gymnasiums Ltd knoivn as Community Based Fitne55 Gymnasiums Statement of Financial Aetivities for the Year Ended 31 January 2024 (Ineluding Income and Expenditure Account and Statement of Total Recognised Gains and Losses} These are the figures for the previous aeeounting period and are included for eomparative purposes Unrestricted Restricted Total funds funds 2023 Note Income and Endowrnents from". Donaiions and legacies Charitable activities 37,606 106,0.53 37,606 119,233 13.180 Total income 143,659 13.180 156,839 Expenditure on: Charitable activities (162.520) 112.6091 (175.129) Total expenditure (162.520) 112.6091 (175.129) Net {expenditure}/income 118,861) 571 118,290) Net movement iii funds 118.861) 571 {18.?90) Reeoneiliation ol lunds Total fund5 brought fotThvard 26,301 1.714 28,015 Total fund5 caled fotTrvard 14 7,440 2,*85 9,725 The notes on pages 10 to 19 fL)rn) an integral part of these financial siatements. Page 8
C B F Cymn4slum$ Ltd known as Communlty Based Fltness Gymnaslums {Reg15tratlon number: 06461462) Ballnce Sheet as at 31 Jydnuary 2024 2024 2023 Note Fixed assets Tangible a&seig 2.342 3,780 Curreni Debtors Cash Il bank ond in hand 10 338 709 7,UUI 7,710 Credliors: AThounts falling due )vlthln one year 1.640 Yet cyrr¢nl 955et$ 1,186 Yvt #$$el$ 3,528 Trund$ vf the chlrlty: Restricted Incomo funds RL5triLtLd funds 14 3,000 2,285 Unrutrl¢ted In¢omt fund5 Unrestricled fijnds 528 7,440 9,725 TotAI fvnd$ 14 3,528 For th¢ fillanri#l >rai rndTti¥ 31 Jyiiumry 2024 tJi¢ cliarity was ¢ntitl¢d to emPtion from Audit under $eelion 477 of the Companies Ael 2006 relfjiin8 to $m811 ¢ompanie8. Direcrors, respotisibiliiies: The members have tyol r¢quir¢d die ¢hariiy to obiaitl an 8udit of its accounts for the year in queslion in 'cord4ll¢e with 8¢ciion 476.. and Th¢ dirxtors acknowledge Iheir SpOnsibl111j¢S for complying with th¢ r¢quir¢nienlS of the Act wiih respect lo awouniing re¢oTds Rnd the prcparniion ofaceounls. TIIL%¢ finuncial .sraLein¥nlS have bc¥ii prcpurcd in dLLordanLe iviih rhL %PeLI4LI provisions r¥latitl8 to ci?mp&nics subjcti 10 Ihe 8mall companies gIMe i¥'iihin Pan 15 ofihe LompaDi¢% Aci 2006. The ancial s121¢mcnls on page5 7 10 19 were approved by lh¢ Iru51ces, and 8uihoriscd for issu¢ ort d 5ign¥d thcir b¢liAifby-. Keiren Trnsie¢ ompson The notcs on pages 10 to 19 form an inte8rn1 part (>f these fiii&n¢ial statement5. Pag¢ 9
C B F Gymnasiums Ltd knoivn as Community Based Fitne55 Gymnasiums Notes to the Finaneial Statements for the Year Ended 31 January 2024 l Accounting policies Summary of signifieant aecounting polieies and kev aecounting estimates The principal accounting policies applicd in the preparation of these financial statements are set out below. These policies have been con51Stently applied to all the J'ears presented, unless othenvise stated. Statement of cornpliance The financial stateinents have been prepared in accordance with Accounting and Reportin¥ by Charities-. Statement of Recotnmended PractlLe (applicable to ch(Irities preparing their accounts iii accordance ivith the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)) (issued iii October 2019) (Charitie5 SORP (FRS 10?)), the Fiiiancial Reportiiig Standard applicable in the UK and Republic of Ireland (FRS 102) aiid the Companies Act 2006. Basis of pr¢paration C B F Gyinnasiuins Ltd Ineets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cosi or Iransaction value unless othenvise slated in Ihe relevant accounting Plilicy notes. Going concern The financial statemen(s have been prepared on a going concern basis. The irustees assess whether the use L)f going concern is appropriate i.e. whether there are any material uncertainties related to events or condiiions that may cast significant doubt L)n the ability of the chariiy to continue as a going concern. The trustees make this assessment in respeci of a period of one year from the da of approval of the financial siatsments. Exemption from preparing a eash flow statement Under the eyemption available to %maller chgriti¢s ihe Board of Trustees has chosen not to include a Statement of Cash Flows within the financial ststemenis. Income #nd eNdowment$ Voluiitary income including donation5, gifts. legacies and grants that provide core nding or are of a general nature 15 recognised 'ell the charity has entitleinent to the income, it is probable that the income will be received and the amoiint can be measured with sufficient reliability- Donthtlons legaeles Donations are recognised when the charity has been i)otilied in writing of both the amoui)t and settlement date. In the event that a donation is subject to conditions that require a level of peilormance by the charity before the charity is entitled to the funds. the income is deferred and i)ot recognised until eiihei those condilions are fully met. or the fulfilimeiii of those conditions is wholly wirhin the control of the charity and it is probable that these conditions will be fulfilled in the reporting period. Page 10
C B F Gymnasiums Ltd knoivn as Community Based Fitne55 Gymnasiums Notes to the Finaneial Statements for the Year Ended 31 January 2024 Grunts receiwble Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where perfomiance condiiions are attached to Ihe grant and are yet 10 be meL the income is recognised as a liability and included on the balance sheet as deferred income to be released. Expenditure All expenditure is recognised once there is a legal L)r constructive obligation to that expenditure, it is prL)bable settlement is required and the amollnt can be measured reliably. All costs are allocated to Ihe applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to parricular hegdings they have been allocated on a basis consistent with the use of resources. with central stsff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset-s use. Other support costs are allocated based on the spread of staff costs. Charilable oclivilies Charitable expeiiditure comprises those cost5 incutTed by the charity in the delivery of its activities and services for its beneficiaries. It iiiclude5 both cost5 that can be allocated directly to such activities and those cost5 of a indirect naiure necessary to support ihem. Government grants Govemmeni grants are recognised based on the accrual model and are measured at the fair value of Ihe asset received or receivable. Grants are classified as relating either to revenue or to assets. Grants relating to revenue are recognised in ineoine over the period in which the related costs are recognised. Grants relating io asseis are recognised over the expected useful life of the asset. Where part of a grant relating (o an asset is deferred, it is recognised as deferred income. Pensions The charity operate5 a defined contributioii pen5ioiI scheme for employees. The assets of the scheme are held separately from those of the charity. Pension cost5 charges it] the StateTnent of Financial Activities represellt the contribution5 payable by the charity during the year. Tangible fixed assets Individual fixed assets costing £500.00 or more are initially recorded at cost. Depre¢ialion and amortisalion Depreciaiion is provided on ngIble fixed assets so as to write off the cost or Valuation, less any estimated residual value, over their expected useful eeoi)omic life as follows.. Asset class Equipment IT equipment Depreciation method and rate 20.OQ/o 011 a 5trai£Fht liiie basis 33.30/0 on a siraight lin¢ basis Pagell
C B F Gymnasiums Ltd knoivn as Community Based Fitne55 Gymnasiums Notes to the Finaneial Statements for the Year Ended 31 January 2024 Trade debtors Trade debtors are amounts due from customers for Inerchandise sold or services perfomied in the ordinary course of busine5S. Trade debtors re recouni5ed initially at the tra115actioii price. They are subseqiiently Tneasured at amortised c05t Il5lll¥ the effective iiitere5t tnethod. les5 prov15ioii for impaitynent. A provision for the impaimient of trade debtor5 IS established ii'hen there is objective evidence that the charity will not be able to collect all amounts due acLording to the original tenns of the receivables. Cash and cash equivalent5 Cash and cash equivalents comprise cash on hand and call deposits, and other short- highly liquid investments Ihat are readily convertible to a known amount of cash and are subjeci to an insignificant risk of change in value. Fund structure Unrestricted income funds are general funds that are available for use at the trustees, discretion in furtherance of the objectives of the chariry. Restricted income fiiiids are those grants for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose. Pensions and other post retirement obligations The charity operates a defined contribution pen5lOt] Scheme which is a pension plan under which fixed contribiition5 are paid iiito a peiision nd and the charity ha5 no lebFal or constructive obligation to pa), further cojitributions even if the fuiid does iiot hold sufficieiit assets to pay all employees the benefits relating to employee service in the current and prior period5. Contribuiions to defined contribution plans are recognised in the Statement ol'Financial Activities wheii they are due. If contribution pavments exceed the contributioii due for service. the excess is retognised as a prepayment. Taxation The charity is tonsidered to pass the tests set tsut in Paragraph I Schedule 6 of the Fii)ance Act 2010 and tl)erefore it meets the definition tsf a charitable Lompany for UK COTporation tax puwoses. Accordingly, the charity is potentially exempt from taxation in respect of income or capiial gains received wiihin categories covered b}, Chapter 3 Pan I l of the Corporation Tax Aci 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992. to the extent that such income or gains are applied exclusively io charitable purposes. Page 12
C B F Gymnasiums Ltd knoivn as Community Based Fitne55 Gymnasiums Notes to the Finaneial Statements for the Year Ended 31 January 2024 2 Income from donations and legacies Unrestrieted funds General Total 2024 Total 2023 Donations and legacies,. Donations from companies, tnists and similar proceeds Donations from individuals Grants, in¢luding capital grants: Government grants Grants from other chariiies 13.175 17 13.175 i35 19,100 19,100 29,063 8.208 39,292 37,606 3 Income from charitable activities Unrestricted funds General Restricted funds Total 2024 Total 2023 Graiits & doiiations Sales & fees Membership Rental income Sundry income 10,850 10.850 11.040 25.849 60,616 1?,180 29.i30 11,040 25,849 60,616 74,349 2,374 97,505 10,850 108,355 19,2)3 4 Grant5 & donations Unre5trieted funds Restricted funds Total PCC Nottinghainshire Sundry donatioi)s Hedley Foundation Nottingham City Council Linnean Society Bestwood Partnership The National Lottery. Community Fund Castle Cavendish 2,670 2,670 17 1,000 1.000 19,100 1,000 10,610 3,070 5,675 19,100 1,000 3,110 3,070 7,500 5,675 32,292 10,850 43,142 Page 13
C B F Gymnasiums Ltd knoivn as Community Based Fitne55 Gymnasiums Notes to the Finaneial Statements for the Year Ended 31 January 2024 S Expenditure on charitable actiwitie5 Unrestricted Total 2024 Total 2023 General Restricted External room hire 300 JOO Telephone, internet & postage Bank charges Cleaning Depreciation Firsi aid Donations Staff costs Equipment, repairs & renewals Events eXpendire Travel Gym & class instruciilin IT 1.315 1,480 l.i15 1.480 2,360 1,438 138 I,i14 1.385 2,526 1,648 58 106 1,438 li8 10 739 8.437 586 3,905 336 841 53 4.241 841 53 985 2,834 1,729 i29 3.098 5.465 985 2,834 988 329 1,889 2,143 690 3.251 5.126 504 H05Pltality & refreshments Printing, photocopying & stationery Insurance Legal & professional Li¢ence fees Marketing & publicity Premises maintenance Purchases for regale Sundry eXpendire Training 741 24i 3,098 5,465 844 86 75 5,031 1,387 224 37 6,032 9,547 795 5,037 1,387 224 24,976 79,719 24.976 87,648 15,273 Wages, Nl & pensions 7,929 136,709 10.li5 146,844 175.129 Page 14
C B F Gymnasiums Ltd knoivn as Community Based Fitne55 Gymnasiums Notes to the Finaneial Statements for the Year Ended 31 January 2024 6 Net incorningloutgoing wources Net outgoing resources for the year include.. 2024 2023 tkpreciation of fixed a5set5 1,438 1,648 7 Fee5 payable to independent examiner During the period, the fees pajable (excluding VATI to ihe charity's independent examiner Community Accounting Plus are analysed as fLIIIows'. 2024 2023 Independent examination Other financial services 745 2,444 690 1,989 3,189 2,679 8 Staff cost5 The aggregate payroll costs were as follows.. 2024 2023 Staff Costs during the year were- Wages and salaries Social security costs Pension costs 84,362 1,174 2.112 102,765 7,739 87,648 112,840 The moiithly avera¥e nuinber of persons {including senior management team) etnployed by the charity dllrin¥ the year was as folloivs.. 2024 No 2023 No The average number of employees.. 5 (2023 - 4) of the above employees participated in the Defined Contribution Pension Schemes. Contributions to the employee pension schemes for the year totalled £2,112 {2023 £2,336). No employee received emoluments L)f more than £60,000 during the year. The totsl employee bet]efits of the key Tnanagement personnel of the charity were £28,270 (2023 - £29,098). Page 15
C B F Gymnasiums Ltd knoivn as Community Based Fitne55 Gymnasiums Notes to the Finaneial Statements for the Year Ended 31 January 2024 9 Tangible assets Equipment IT Equipment Total Cost At l February 2023 45,497 8,370 53,867 At 31 January 2024 45,497 8,370 53,867 Depreciation At l Fcbruary 2023 Charge for the year 41,984 8,103 267 50,087 1,438 At 31 January 2024 43,155 8,370 51,525 Net book value At 31 January 2024 2,342 At 31 January 2023 267 10 Debtors 2024 2023 Prepayments Ji8 709 I I Cash and eash equivalents 2024 2023 Cash 01) hand Cash at bank 365 2.123 160 6.841 2,488 7,001 12 Creditors: amounts falling due within one year 2024 2023 Other taxation and social security Other creditors 438 1,327 1,640 1,640 1,765 Page 16
C B F Gymnasiums Ltd knoivn as Community Based Fitne55 Gymnasiums Notes to the Finaneial Statements for the Year Ended 31 January 2024 13 Taxation The charity is a registered charity and is therefore exempt from taxation. 14 Funds Balanee at I February 2023 Imeoming resourees Resourees expended Balanee at 31 Jk)nuary 2024 Unrestricted funds Generul General Fund 7,440 129,797 (136.709) 528 Restricted funds Holiday Activity Fund Hedley Foundation Grant Linnean So¢iety National Lottery Community Fund pcc 2,285 (4,395) 1.000 1.000 1.000 1.000 1.000 3,070 2.670 (3.070) (?,670) Total restriettd funds 2,285 10,850 110,1351 Total funds 9,725 140,647 (146.844) 3,528 Balance at I February 2022 Incoming re50urce5 Re50llrces expended Balance at 31 January 2023 Unr¢5tricled fund5 General General Fund 26,301 143,659 (162,520) 7.440 Restricted Holiday A¢tivity Fund Self Isolation 1,714 1.000 12,180 {429) 112,1801 2.285 Total restricted funds 1,714 13,180 112,609 2,285 Total funds 28,015 156,839 (175,129) 9,725 Page 17
C B F Gymnasiums Ltd knoivn as Community Based Fitne55 Gymnasiums Notes to the Finaneial Statements for the Year Ended 31 January 2024 The specific purposes for which the funds are to be applied are as follows.. Holiday Activity fund providing young people non-t¢nM tim¢ activities during s¢hool holidays and a150 praviding a healthy lunch. Hcdley Foundgtion Grant- fiinding toM".ard enhancing our oiitdoor space. Linneaii Society to support outdoor learning at Mellish for childreii and young people. National Lottery Community Fund - to host a coronation community celebration event with activities and refreshinents. PCC- to provide 3 months outreach support at the Ridge for children and young people in Bestwood. 15 Related party transactions TheTe were no related party transactions in the year. 16 Trustees remuneration and expenses No trusiees, nor any persons connecied wilh ihem. have received any remuneraiion from the charity during the year. No trustees hpve re1Ved any reimbursed expenses or any other benefits from th¢ charity during the year. 17 Benefits in kind The premises are 0ed by Nottingham City Council and are on a rent free basis. 18 Analysis of net asset5 between funds Unrestricted 2024 Total funds General Restricted Tangible fixed assets Current assets Current liabilities 2,342 {174) {1,640) 2,342 2,826 {1,640) 3,000 Total net assets 528 Unrestricted 2023 Total funds General Restricted Tangible fixed assets CuTrent assets Current liabilities i,780 5.425 (1,7651 ?,780 7.710 (1,765) 2.285 Total net assets 7,440 2,285 9,725 Page 18
C B F Gymnasiums Ltd knoivn as Community Based Fitne55 Gymnasiums Notes to the Finaneial Statements for the Year Ended 31 January 2024 19 Charity $tatU5 The chaiity is a company limited by guarantee and consequently does not have share capital. Each of the trusiees is liable io contribute an amount not exceeding £10 towards the assets of the charity in the event of liquidation. Page 19