Company registration nurnber.. 06461462 Charity registration number: 1158173 C B F Gymnasiums Ltd knovm as Community Based Fimess Gymnasiums (A Company limited by guarnitee) Annual Report and Financial Statements for the Year Ended J l January 2024 CommuIiity Accounting Plus Units l & 2 North West 41 Talbot Street Nottinu NGI 5GL
C B F Gymnasiums Ltd known as Community Based Fitness Gymnasiums Contents Reference and Administrative Details Trustees, Report 2to5 Independent Examinevs Report Stalement of Financial Activities 7t08 Balance Sheet Notes to the Financial Statements IOto19
C B F Gymnasiums Ltd known as Community Based Fitness Gymnasiums Reference and Administrative Details Trustees Rachael Hayward Richard McDonald Keiren Thompson Joanne Dexter Senior Management Team Charity Registration Number 1158173 CoTnpany Registration Number 06461462 Registered OlCe Mellish SFK)rts Cent Kemmel Road Bulwell Nottin NG6 9FH Independent Examiner John O'Brien. employee of Community Accounting Plus Units l & 2 North West 41 Talbot Street Nottingham NGI 5GL Page I
C B F Gymnasiums Ltd known as Community Based Fitness Gymnasiums Trustees, Report The trustees, who are directors for the purposes of company law. present the annual report together with the financial statements and auditors, report of the charitable company for the year ended 31 January 2024. Trustees and officers The trustees and officers serving during the year and since the year end were as follows.. Trustees.. Rachael Hayward Richard McDonald Keiren Thompson Structurey governance and management Nalure ofguverning ducument The charity is a company limited by guarantee and regislered charity. 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 guardntee and therefore has no share capital. The liability of each member in the event of winding-up is limited to £10. Recruitmelll and appointment of Iruslees Overall management of the company is the responsibility of the directors who are elected and co-opted under the tenns of the memorandum and articles of association. CBF G}'mnasiums Ltd are always on the lookout for new members that are able to bring with them skills and experiences to make the Management Committee (MC} much stronger and able to run our organisation in a better way. Day to day project activity is tnanaged and carried out by volunteers and paid staff. The Board are currently considering taking on one or two additional member5. We would recruit by word of mouth, through members and Service Providers. Objectives and activities Objects ond The principal objects of the company are: l. To promote for the benefit of the inhabilants of Nottingham city and the surrounding area the provision of facilities for recreation or oiher leisure time occupation of individuals who have need of such facilities bs1 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. The promotion of community participation in healthy recreation by the provision of a community gym and Sports Centre. Page 2
C B F Gymnasiums Ltd known as Community Based Fitness Gymnasiums Trustees, Report Objectives, slrategies and aclivilies Our main activities include.. Accessible affordable gJTn access- Free activities for children and young people 5-19 years- Fitness training- Support local clubs - Gymnastics, Trampolining . Taekwondo. Kickboxing; Badminton. Table Tennis- Footb<ill {ind(ior and outdoor pitches)- Cricket Batting Nets; • Basket Ball. • Boot camps, Yoga. Circuit Training. Legs Bums and Tums Zumba Gold; • Parties & Seasonal Events: Blood Donors, Voting and councillor surgeriest; • Multi Sports Camp (Hoilday Activity Fund) in the Schwl Holidays; 60- Badminton. • Walking Netball; • Winter indoor boM,Is- Children and adults Dance classes: Boxing coaches- Aebel adult leaming group- Wheelchair bask-etball- Trampolining; Gymnastics; . Martial Arts; Karate. Achievement5 and performaDce Events and Groups supported.. Holiday Activity schemes {over 200 attendees): Our Ladys school sponsored events- Night Flvers 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 bowls winter venue- • David Lilley football coaching - with over 600 childen and young people registered- • Matches every Saturday and Sunday with additional eveing coachlng sessions - indoor and outdoors. • New dance classes for children and adulis. Saturdays. Tuesdays and Wednesdays. Mellish now also offer subsidised personal training sessions to the local commlmity.
C B F Gymnasiums Ltd known as Community Based Fitness Gymnasiums Trustees, Report Public benefit The centre offers our local community affordable and accessible health and wellbeing activities for the whole family. Over the years of operation li'e continue to engatse in all areas of the community. We currently have 3 board member5, 7 tnembers of staff and around 5 volunteers. We prioritise encouraging children and young people, who would otherwise potentaily chiK)se Crime and anti-50cial behaviour as a past time, and we support them in potenetial employtnent: engage them in prograTntnes. and signpost theTn to help ivith Cvs and careers advice throu1 our partnership with the Nottingham City Council. We are always working hard to introduce new initiaiives to make oiir projects sustainable. We now have a lease with a subsidy of £?O,000 a year from NCC unlill 2025. After this period we have a letter of intention from the council to lease the cenire for a fiinher 5 years - 7 years in total. This enables a longer tenn S(ralegic Plan to be put in place to ensure li'e have longevity and some suslainability- We have manaoed to do this with the commitment, expertise and passion of the majority of the board members, staff and volunteers. We have also built a good rapport with our partners including the local schools Cantrell Primary school, Healthfield primary school, Our Lady's Primary school. Bulwell Forest Bowls club and Bestwood partnership. The Trustees confirm that they have complied with the requiretnents of section 17 of the Charitie5 Act 201 I to have due regard lo the public benefit guidance published b), the Charity Commission for England and Wales. Financial review Policy on re.serves The organisation has no specific policy with regard to the level of reserves. Small companies provision statement This report has been prepared in accordance with the small companies regime under the Companies Act 2006. Page 4
C B F Gymngslums Ltd known as Communlty Based Fltness Gymnaslums Trustees, Report Statement of Responsiblllties The Iruste¢s (M'ho ar¢ also the directors of C B F Gymnasiums Lid for the purposes of COTnpany law) are responsible for preparing the mjstees, report and the financial stslements in accordance w'ith applicable lam. and United Kingdom Accounting Siandards (United Kingdom Generally Accwted Accounting Practice), Including RS 102 '-Ibe TrinanLial Reporting Standard applicable in ihe UK and Republtc of Ireland" l-he report and accounls have been prepared in accord&nce with the proN isions in the Companies Act 2006 relating to sm811 Companies. Company law requires the trustees lo prepare fanCIal statements for each fmanci81 year. Under company law the Irustees musl noi approv¢ the fiDaD¢id siatemeots unless they are sailsfied that Ibey give a true and fair view of tbc state of aff4irs of the charitabl¢ ¥ompany and of th¢ inLomiD8 resources at)d application of resources, including ils income and expenditure. of the ¢haTiiable compan). for Eh8t period. In preparing these fiDancial Slatemenls, the trusfees are required io- Selt suitable a¢¢ounting policies and apply them consistenily. observe Ihc inethods and prinLiples in the Charitie5 SORP. make judgemenis and esllmales Ihal are reasonable and pdent. slaie ivheiher applieable accouniing standards. comprising FRS 102 have been folloived, subjcei to an), m81erial departures disclosed and explaincd in thc financial Sthlements: and prepare Ihe financial statements on the going concern basis unless li Is InapprupTiaie to presume ihat the ¢harit8ble company M'ill continue in busine55. The trustees are responsible for keeping proper accounting r¢cords that can disclose with rcasonable 8ccufdCy at any timL' the financial posilion of the charitable company and enable them to ensure ihat the financial statcm¢n¢s coinply with ihe Companics Aci 2006. They are also responsible for safeguarding ih¢ assels of the chariiablc ompany and hence for tsking reasonable step5 for th¢ prevention and detection of fraud and other irregularities. The tn15t¢es ar¢ responsible for the maintenance and integriiy of th¢ corporaie and fmancial infonnation included on the chaFitable company's ii'eb5lte. Legislation goi'ernin8 the preparatlOD and dissemiD8fion of ruwicial sia¢emenls may differ from legislation in other jurisdictions. The annual report ivas approved by ihc trustees of the charity on . . and signed on ils behalf by.. Rachael Hayw Trustee Pag¢ 5
C B F Gymnasiums Ltd known as Community Based Fitness Gymnasiums Independent Exarniner'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 Compan),) I report to the charity trustees on my examination of the accounts of the company for the year ended 31 January 2024. Responsibilities and basis of report As the charity's trustees of the Company {and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Cornpanies Act 2006 ('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 ?01 l ('the ?01 l Act,). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. Independent examiner's statement I have completed my examination. I confinn that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect- accounting records were not kept in respect of the Company as required by section J86 of the 2006 Act; or 2. the accounts do not accord with those records: or 3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'lrue and faiv view which is not a matter considered as part of an independent examination- or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Siandard applicable in the UK and Republic of Ireland (FRS 102)]. I have no concerns and have come across no other matters 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 Cotnmunity Accounting Plus Fellow of the Association of Charity independent Examine Units l & 2 North West 41 Talbot Streei Nottingham NGI 5GL Date-. 1010912024 Page 6
C B F Gymnasiums Ltd known as Community Based Fitness Gymnasiums Statement of Financial Activities for the Year Ended 31 January 2024 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses) Total 2024 Total 2023 Unrestricted Restricted Note Income and EndowTnent5 from: Donations and legacies Charitable activities i2,292 97,505 10,850 108,J55 119,2J3 Total Income 129.797 10,850 140,fv17 156,839 Expenditure on: Charitable activities (136.709) (10,135) (146.844) (175.129) Total Expenditure (136.709) (10,135) (146.844) (175.129) Net (expenditure)lincoTne (6.912) 715 (6,197) (18,290) Net movement in funds (6.912) 715 (6,197) {18,290) Reconciliation of funds Total funds brought forward 7.440 2.?85 9,725 ?8,015 Total funds carried fonvard 14 528 i.528 9,725 All of the charity's activities derive from continuing operntions during the above two periods. The notes on pages l O to 19 form an integral part of these financial statements. Page 7
C B F Gymnasiums Ltd known as Community Based Fitness Gymnasiums Statement of Financial Activities for the Year Ended 31 January 2024 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses) These are the figure5 for the previous accounting period and are included for eomparative purposes Unrestricted Restricted Total funds funds 2023 Note Income and Endowments from: Donation5 and legacies Charitable activities 37.606 119,2J3 106,05) 13.180 Total income 14J,659 13.180 156,8J9 Expenditure on: Charitable a¢iivities (162,520) (1 ?.609) (175,129) Total expenditure (162.520) (1 ?,609} (175,129) Net (expenditure)lincome (18,861) 571 (18,290) Net movement in funds (18,861) 571 (18,290) Reconciliation of funds Total funds brought fonvard 26,301 1.714 28,015 Total funds carried fonvard 14 7.440 2,28) 9,725 The notes on pages l O to 19 form an integral part of these financial statements. Page 8
C B F Gymnaslums Ltd known AS Communlty Based Fltnes5 Gymnaslums (Reglstration number: 06461462) B21ance Sheet as at 31 JAnuary 2024 2024 2023 Fixed assets Tvangible assets 2.342 3.780 Current assets Debtors Cash at bank and in hand 10 338 2.488 709 7.OUE 2.8?6 7,710 Creditors: Amounts falling due within one year 12 (i.(Ao (1,765 Yet ewrrent i$sets 1,186 3,528 5,945 Net assets 9,725 Funds of the ch•rlty: Restricted Incon fund$ RLstriLted fwi&s 14 3.000 2.285 Unr¢$tri¢ted in¢ome funds Unrestricled funds 528 7.440 Total fund$ 14 3.528 9,725 Foi tli¢ fs1)aiiLial ytar ¢Jidin8 31 January 2024 th¢ charity wa3 ¢ntitled to exemptton from 4udit under section 477 of the Companies Act 2006 lating lo small companies. Dkrectors. re5ponsibilitie$: The members have not required the charity to obtain 8n audil of its accounts for the year in queslion in accordance with section 476: and The directors acknowledge their responsibiliii¢5 for complying with the requirenients of th¢ Acl witb respect to accounting record5 and the preparation of accounts. These financial staiein¢n15 have b¢¢n prepared in aLLordance iviih ihe spc¢ial provisions relating to Ll)mpanies subject 10 the Small companics 81m¢ wiihin Pan 15 of the CompaDies Act 2006. ancial slalements on pages 7 10 19 iver¢ approv¢d by the iru5te¢s. and atsihoris¢d for issue on d signLd on thcir bchaifby: Keiren Trusiee ompson The notes ott pages l O to 19 fonn an integral pan of these fin¢1&1 statements. Page 9
C B F Gymnasiums Ltd known as Community Based Fitness Gymnasiums Notes to the Financial Statements for the Year Ended 31 January 2024 l Accounting policies Summary of significant accounting poli¢ies and key accounting estimates The principal accounling policies applied in the preparalion of these financial statements are set out below. These policies have been consistently applied to all ihe years presente(L unless otherwise slated. Statement of eompliance The financial statements have been prepared in accordance with Accounting and Reporting by Charitie5'. Statement of Recommended Practice (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102)) (issued in October 2019) (Charitie5 SOiiP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act ?006. Basi5 of preparation C B F G}'mnasiums Ltd meets the definition of a public benefit entity under FRS 102. Assets aT]d liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes. Coing concern The financial statements have been prepared on a going concern basis. The trustees assess whether the use of going Concern is appropriate i.e. whether there are any material uncertainties related to events or conditions that may cast significant doubl on the ability of the charity to continue as a going concern. The trustees make this assessment in respect of a period of one year from the date of approval of the financial statements. Eyemption from preparing a eash flow statement Under the exemption available to smaller charities the Board of Trustees has chosen not to include a Statement of Cash Flows within the financial statements. Income and endowments Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income. it is probable that the income will be received and the amount can be measured w'ith sutTicient reliability. Donalions und legacies Donations are recognised when the charity has been notifled in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance by the charity before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully niet, or the fulfilment of those conditions is wholly withiii the control of the charity, aiid it is probable that these conditions will be fulfilled in the reporting period. Page 10
C B F Gymnasiums Ltd known as Community Based Fitness Gymnasiums Notes to the Financial Statements for the Year Ended 31 January 2024 Grants receivable Grants are recognised when the charity has an entitlement to the funds and an}, conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met. the income is recognised as a liability and included on the balance sheet as defeed income to be released. Expenditure All expenditure is recognised once there 15 a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that agtrregate similar costs 10 thai caieoory. Where costs cannot be directly attributed to particular headings they have been all¢xated on a basis consistent with the use of resources, with central staff 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 cosis. Charitable activikies Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It include5 boih costs that can be allocated directly to such activities and those cost5 of an indirect nature necessary to support them. Government grants Government grants are recognised based on the accrual model and are measured at the fair value of the asset received or receivable. Grants are classified as relating either to revenue or to assets. Grants relating to revenue are recognised in income over the period in which the related costs are recognised. Grants relating to assets are recognised over the expected useful life of the asset. Where part of a grnnt relating to an asset is deferred, it is recognised as deferred income. Pensions The charity operates a defined contribution pension scheme for employees. The assets of the scheme are held separately from those of the charity. Pension costs charges in the Statement of Financial Activities represent the contributions payable by the charit), during the year. Tangible fixed assets Individual fixed assets ¢osting £500.00 or more are initially recorded at cost. Depreciation and amort15atio Depreciation is provided on tangible fixed assets $0 as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows: Asset Class Equipment IT equipment Depreciation method and rate 20.00/0 on a straight line basi5 3 J.3 % on a straight line basi5 Pagell
C B F Gymnasiums Ltd known as Community Based Fitness Gymnasiums Notes to the Financial Statements for the Year Ended 31 January 2024 Trade debtors Trade debtors are amounts due from customers for merchandise sold or services perfornied in the ordinary course of business. Trade debtors are recognised initially at the transaclion price. They are subsequently measured at amortised cost using the effective interest method. less provision for impairnient. A provision for the impaimient of trade debtors is established when there is objective evidence that the charity will not be able to collect all an]ounts due according to the original tern)s of the receivables. Cash and cash equivalents Cash and cash equivalents comprise cash on hand and call deposits, and other short-terni highly liquid investmenis that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value. Fund structure Unrestricted income funds are general funds that are available for use at the tn]stees' discretion in furtherance of the objectives of the charity. Restricted income funds 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 pension scheme which is a pension plan under which fixed contributions are paid into a pension fund and the charity has no legal or construclive obligation to pay further contributions even if the fund does not hold su1Clent assets to pay all employees the benefits relating to employee service in the current and prior periods. Contributions to defined contribution plans are recognised in the Statement of Financial Activities when they are due. If contribution pavments exceed the contribution due for service, the excess is recognised as a prepavment. Taxation The charity is considered to pass the tests set out in Paragraph I Schedule 6 of the Finance Act 2010 and therefore it meeis the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gain5 received within categories covered by Chapter ) Part I l of the Corporation Tax Act 201 O or Sectioii 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such incoTne or gain5 are applied exclusively to charitable purposes. Page 12
C B F Gymnasiums Ltd known as Community Based Fitness Gymnasiums Notes to the Financial Statements for the Year Ended 31 January 2024 2 Ineome from donations and legaeies Unrestricted funds General Total 2024 Total 2023 Donations and legacies- Donations from companies, trusts and similar proceeds Donations from individuals Grants, including capital grants- Government grants Grants from other charities 13.175 17 13,175 17 335 19.100 19,100 29,063 8,?08 32,292 37,606 3 Income from charitable activities Unrestrieied runds General Restricted runds Total 2024 Total 2023 Grants & donations Sales & fees Membership Rental income Sundry income 10,850 10,850 11,040 25,849 60,616 13,180 29,330 11,040 25,849 60.616 74,349 2.374 97.505 10,850 108,355 119,2J3 4 Grants & donations Unrestricted funds Restricted funds Total PCC Nottinghamshire Sundry donation5 Hedley Foundation NOttinla City Council Linnean Society Bestwood Partnership The National Loitery Community Fund Castle Cavendish 2,670 2,670 17 1,000 19,100 1,000 10,610 3,070 5,675 17 1,000 19,100 1,000 3,110 3,070 7.500 5,675 i2,292 10,850 4i,142 Page IJ
C B F Gymnasiums Ltd known as Community Based Fitness Gymnasiums Notes to the Financial Statements for the Year Ended 31 January 2024 5 Expenditure on charitable activities Unrestrieled Total 2024 Total 2023 General Restricted External room hire Telephone, intemet & postage Bank charges Cleaning Depreciation First aid Donation5 Staff costs Equipment, repairs & renewals Events expenditure Travel G1 & class instruction IT Hospitality & refreshments Printing, photocopying & stationery Insurance 1.315 1,480 ,315 1,480 2,360 1,438 1,314 1,385 2,526 1,648 58 106 10 10 739 8,437 586 3.905 336 4,241 841 53 985 2,834 1,729 329 3,098 5,465 844 112 5.037 1,387 224 53 985 2,834 988 243 3,098 5,465 844 75 5,0) I 1,387 224 329 1,889 2,143 690 3,251 5,126 504 6,032 9,547 795 741 86 Legal & professional Licence fees Marketing & publicity Premises maintenance Purchases for resale Sundry expenditure Training Utilities Wages, Nl & pensions 37 24,976 79.719 24,976 87.648 15,273 112,840 7,929 l J6,709 146.844 175,129 Page 14
C B F Gymnasiums Ltd known as Community Based Fitness Gymnasiums Notes to the Financial Statements for the Year Ended 31 January 2024 6 Net incoming/outgoing resourees Net outgoing resources for the year include- 2024 2023 Depreciation of fixed assets 1,438 1,648 7 Fees payable to independent exalniner During the period, the fees payable (excluding VAT) to the charity's independent exarniner Community Accounting Plus are analysed as follows= 2024 2023 Independent examination Other financial services 745 2.444 690 1,989 3,189 2,679 8 Staff costs The aggregate payroll costs were as follows: 2024 2023 Staff costs during the year were: Waoes and salaries Social security costs Pension costs 84.362 1.174 2,112 102,765 7.739 87.648 112,840 The monthly average number of persons (including senior management team) employed by the charity during th¢ )'ear was as follows: 2024 2023 The average number of employees.. 5 (202J - 4) of the above employees participated in the Defined Contribution Pension Schemes. Contributions to the employ¢¢ pension schemes for the year totalled £2,112 (202) - £2.3J6}. No employee received emoluments of more than £60,000 during the year. The total employee benefits of the key management personnel of the charity were £28.270 {202J - £29.098). Page 15
C B F Gymnasiums Ltd known as Community Based Fitness Gymnasiums Notes to the Financial Statements for the Year Ended 31 January 2024 9 Tangible fixed assets Equipment IT Equipment Total Cost At l February 202J 45.497 8,370 53,867 At 31 January 2024 45,497 8.370 53,867 Depreciation At l February 202) Charge for the year 41,984 171 8.103 267 50,087 1,438 At i l January 2024 4),155 8,370 51,525 Net book value At J l January 2024 2.342 2.342 At 31 January 2023 267 3,780 10 Debtors 2024 2023 Prepayments 338 709 11 Cash and cash equivalents 2024 2023 Cash on hand Cash at bank 160 6,841 2,488 7,001 12 Creditors: amounts falling due within one year 2024 2023 Other taxation and social security Other creditors 1,640 1,327 1.640 1,765 Page 16
C B F Gymnasiums Ltd known as Community Based Fitness Gymnasiums Notes to the Financial Statements for the Year Ended 31 January 2024 13 Taxation The charity is a registered charity and is therefore exempt from taxation. 14 Funds Balance at I February 2023 Incoming resourees Resources expended Balance at 31 January 2024 Unreslrieted funds General General Fund 7,440 129,797 (136,709) 528 Restricted funds Holiday Activiiy Fund Hedley Foundation Grant Linnean Society National Lottery Community Fund 2285 (4,395) 1,000 1,000 1,000 1.000 1.000 (J,070) (2,670) pcc 2,670 Total restricted funds 2285 10,850 (10,13)) Total funds 9,725 140,647 (146,844) 3,528 Balance at I February 2022 Incoming resources Resources expended Balance at 31 January 2023 Unrestrieled funds General General Fund 26,301 143,659 (162,520) 7,440 Restricted Holiday Activity Fund Self Isolation 1,714 1,000 12,180 (429) (12,180) 2,285 Total restricted funds 1,714 (12,609) 2,285 Total funds 28,015 156,839 (175,129) 9,725 Page 17
C B F Gymnasiums Ltd known as Community Based Fitness Gymnasiums Notes to the Financial Statements for the Year Ended 31 January 2024 The specific purposes for which the funds are to be applied are as folloivs- Holiday Activity fund - providing young people non-term time activities during school holidays and also providing a healthy lunch. Hedley Foundation Grant - funding toward enhancing our outdoor space. Linnean Society - to support outdoor learning at Mellish for children and young people. National Lottery Community Fund - to host a coronation community celebration event with activities and refreshments. PCC - to provide J months oulreach support ai the Ridge for children and young people in Bestwood. 15 Related party transactions There were no related party transactions in the year. 16 Trustees remuneration alld expenses No trustees. nor any person5 connected with them, have received any remuneration from the charity during the year. No trustees have received any reimbursed expenses or any other benefits from the charity during the year. 17 Benefjls in kind The premises are owied by Nottingham City Council and are on a rent free basis. 18 Analysis of net assets between funds Unrestricted 2024 Total funds General Restricted Tangible fix¢d assets Current assets Current liabilities 2,342 (174) (1.640) 2,342 2,826 (1,640) 3,000 Total net assets 528 3,000 3,528 Unrestricted 2023 Total funds General Restricted Tangible fixed assets Current assets Current liabilities 3.780 5.425 (1,765) 3,780 7,710 (1,765) 2,285 Total net assets 7,440 2,28) 9,725 Page 18
C B F Gymnasiums Ltd known as Community Based Fitness Gymnasiums Notes to the Financial Statements for the Year Ended 31 January 2024 19 Charity ststus The charity is a company limited by guarantee and consequently does not have share capital. Each of the trustees is liable to contribute an amount not exceeding £10 towards the assets of the charity in the event of liquidation. Page 19