**REGISTERED COMPANY NUMBER: 06995775 (England and Wales) REGISTERED CHARITY NUMBER: 1160988** ## **REPORT OF THE TRUSTEES AND** ## **FINANCIAL STATEMENTS** ## **FOR THE YEAR ENDED 31ST AUGUST 2020** ## **FOR** ## **THE GOOD GYM** S. Cobbin & Co Limited Chartered Accountants & Registered Auditor 15a Station Road Epping Essex CM16 4HG **THE GOOD GYM** ## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST AUGUST 2020** |||**Page**|| |---|---|---|---| |**Report of the Trustees**|1|to|5| |**Report of the Independent Auditors**|6|to|7| |**Statement of Financial Activities**||8|| |**Balance Sheet**|9|to|10| |**Cash Flow Statement**||11|| |**Notes to the Cash Flow Statement**||12|| |**Notes to the Financial Statements**|13|to|18| |**Detailed Statement of Financial Activities**|19|to|20| **THE GOOD GYM** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST AUGUST 2020** The Trustees are pleased to present GoodGym's annual report and accounts for the period 1st of Sept 2019 - 31 August 2020. Our 19-20 financial year was a difficult period in which we needed to make significant changes in response to the Covid-19 pandemic. Overall we have had impact despite having to stop group runs for a large proportion of the year. At the start of this period, GoodGym was active in 53 areas, by 31st of August 2020 GoodGym was active in 58 areas. The new areas launched in this time included Leeds, Derby and Crewe and Warwick and Leamington Spa, and Windsor and Maidenhead. At the start of the period GoodGym had 14,379 members and this grew to 18,238 members by 31 August 2020, and we had over 15,000 signups. In this period 5,174 GoodGym runners carried out 54,119 good deeds, carried out 1500 sessions for community organiastions and supported 2,692 older people with regular social visits and/or practical support at home. The Trustees confirm that the Annual Report and financial statements of the company comply with the Charity's trust deed, current statutory requirements, the requirements of the company's governing document and the provisions of the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). ## **OBJECTIVES AND ACTIVITIES** ## **STRATEGIC REPORT** ## **Financial position** Our income in the period was £1,712,344 and expenditure was £921,864. At the end of the period we carried over £866,790 to the next financial year, including £670,794 of restricted funding. ## **Reserves policy** The charity’s reserves should provide the organisation with adequate financial stability and the means for it to meet its social objectives for the foreseeable future. We aim to maintain the organisation’s reserves and confirmed income at a level which is at least equivalent to six months operational expenditure. Should reserves and confirmed income drop below this amount the trustees are informed immediately. We aim to keep each GoodGym area sustainable and ensure that it has funds reserved to ensure it’s sustainability. The CEO and the Trustees review the amount of reserves that are required to ensure that they are adequate to fulfil the charity’s continuing obligations on a quarterly basis at Trustees meetings. The CEO and Head of Business Development review the cashflow on a fortnightly basis. ## **Going concern** After making appropriate enquiries the Trustees have a reasonable expectation to believe the company has adequate resources to continue in operational existence for the foreseeable future. For this reason they adopt the going concern basis in preparing the financial statements. Page 1 **THE GOOD GYM** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST AUGUST 2020** ## **STRATEGIC REPORT** ## **Principal risks and uncertainties** The Trustees have considered the major risks to which the charity is exposed, and have reviewed those risks and established systems and procedures to manage them. Major risks can be identified as: - Operational - Financial - Human resources - Reputational - Governance Appropriate action to mitigate each type of risk is considered on an ongoing basis by the Board of Trustees and the senior management of the organisation. The specific risks we have been managing during this period are the operational risks of carrying out our support for older people and community projects in the context of the Covid-19 pandemic. Operational risks: Due to Covid-19 we have made extensive changes to our operations in response to the needs of the communities in which we operate and the associated risks. The nature of our work with older people requires specific precautionary measures. The following measures were in place during this period. ## Mitigations related to Covid-19: During the Covid-19 all face-to-face social visits for older people were transferred to telephone calls where possible to mitigate potential for spreading the virus. Before the pandemic, to manage risk of harm to older people and to ensure GoodGym runners have the necessary knowledge and skills to volunteer with older people, and to they must undertake: -A DBS check. -Online training which includes modules on adult safeguarding and boundaries -A 30 minute training call with one of the central team to ensure they have understood the training and are a good fit for the role. -A personal and professional reference. Only once a runner has passed all of these checks can they be matched with an older person. For GoodGym tasks for older people (missions) we restricted tasks listed to those essential tasks for living safely at home in response to the pandemic. Training was updated and all runners were instructed to wear PPE and maintain social distancing. We introduced shopping and pharmacy deliveries with a £20 limit to reduce risk of financial abuse. Our standard missions verification process remained in place including DBS checks and training for all those going into the homes of older people. To reduce risk of harm to runners, coaches can only be referred when a referrer can verify the older person's environment and behaviour pose no risks to a runner. ## Group session risks: Our group runs were on hold from the 18th of March to the end of this period due to the potential risk of spreading the virus. Community missions focused on the support of essential services such as the NHS and food distribution organisations. Updated training was introduced for all runners. Page 2 **THE GOOD GYM** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST AUGUST 2020** ## **STRATEGIC REPORT** During this time we have continued to: -Monitor the digital accident book on a daily basis (week days only). - Update the group run risk assessment. - Providing opportunities for trainers to identify potential risks at regular catch-ups. - Continuing to provide runners with as much information as possible to prevent risks including on run listing and improvements to our training. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The Good Gym (operating as GoodGym) was incorporated on 20/08/2009 as a Company limited by Guarantee, number 06995775 and as of 19 March 2015 registered with the Charity Commission of England and Wales under number 1160988. The Good Gym acts according to its Memorandum and Articles of Association. ## **Recruitment and appointment of new trustees** The management of the company is the responsibility of the Trustees who are elected and co-opted under the terms of the deed ## **Organisational structure** The Trustees have control of the Charity and its property and funds. They met quarterly during this period. The Trustees attend GoodGym events and meetings and provide ongoing support to the CEO and other staff. All Trustees give of their time freely and no Trustee received remuneration in the period. Ivo Gormley is appointed Chief Executive Officer. Each GoodGym area has a part-time trainer working on a freelance basis, and GoodGym has an administrative team which supports the trainers and members. During this period the GoodGym administrative team was made up of 14 full-time staff and 55 part time staff (area activators). ## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number** 06995775 (England and Wales) ## **Registered Charity number** 1160988 ## **Registered office** Somerset House Strand London WC2R 1LA ## **Trustees** S B Greene R B L Marvel P J Miller P Hay Non-Executive Director S A Morrison Gardener ## **Company Secretary** I A Gormley Page 3 **THE GOOD GYM** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST AUGUST 2020** ## **REFERENCE AND ADMINISTRATIVE DETAILS** ## **Auditors** Simon Cobbin FCA S. Cobbin & Co Limited Chartered Accountants & Registered Auditor 15a Station Road Epping Essex CM16 4HG ## **Bankers** Natwest Bank Plc 403 Bethnal Green Road London E2 0AF ## **STATEMENT OF TRUSTEES' RESPONSIBILITIES** The trustees (who are also the directors of The Good Gym for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to - select suitable accounting policies and then apply them consistently; - observe the methods and principles in the Charity SORP; - make judgements and estimates that are reasonable and prudent; - state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; - prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business. The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. In so far as the trustees are aware: - there is no relevant audit information of which the charitable company's auditors are unaware; and - the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the auditors are aware of that information. ## **AUDITORS** The auditors, S. Cobbin & Co Limited, will be proposed for re-appointment at the forthcoming Annual General Meeting. Page 4 **THE GOOD GYM** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST AUGUST 2020** Report of the trustees, incorporating a strategic report, approved by order of the board of trustees, as the company directors, on 23rd June 2021 and signed on the board's behalf by: S B Greene - Trustee Page 5 **REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF THE GOOD GYM** ## **Opinion** We have audited the financial statements of The Good Gym (the 'charitable company') for the year ended 31st August 2020 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). In our opinion the financial statements: - give a true and fair view of the state of the charitable company's affairs as at 31st August 2020 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended; - have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and - have been prepared in accordance with the requirements of the Companies Act 2006. ## **Basis for opinion** We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. ## **Conclusions relating to going concern** We have nothing to report in respect of the following matters in relation to which the ISAs (UK) require us to report to you where: - the trustees' use of the going concern basis of accounting in the preparation of the financial statements is not appropriate; or - the trustees have not disclosed in the financial statements any identified material uncertainties that may cast significant doubt about the charitable company's ability to continue to adopt the going concern basis of accounting for a period of at least twelve months from the date when the financial statements are authorised for issue. ## **Other information** The trustees are responsible for the other information. The other information comprises the information included in the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard. ## **Matters on which we are required to report by exception** We have nothing to report in respect of the following matters where the Charities (Accounts and Reports) Regulations 2008 requires us to report to you if, in our opinion: - the information given in the Report of the Trustees is inconsistent in any material respect with the financial statements; or - the charitable company has not kept adequate accounting records; or - the financial statements are not in agreement with the accounting records and returns; or - we have not received all the information and explanations we require for our audit. Page 6 **REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF THE GOOD GYM** ## **Responsibilities of trustees** As explained more fully in the Statement of Trustees' Responsibilities, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so. ## **Our responsibilities for the audit of the financial statements** We have been appointed as auditors under Section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder. Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors. ## **Use of our report** This report is made solely to the charitable company's trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charitable company's trustees those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's trustees as a body, for our audit work, for this report, or for the opinions we have formed. S. Cobbin & Co Limited Chartered Accountants & Registered Auditor Eligible to act as an auditor in terms of Section 1212 of the Companies Act 2006 15a Station Road Epping Essex CM16 4HG 23rd June 2021 Page 7 **THE GOOD GYM** ## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST AUGUST 2020** ||||||**2020**|2019| |---|---|---|---|---|---|---| |||Unrestricted||Restricted|**Total**|Total| |||fund||funds|**funds**|funds| ||Notes|£||£|**£**|£| |**INCOME AND ENDOWMENTS FROM**||||||| |Donations and legacies|2|**848,266**||**864,078**|**1,712,344**|923,374| |**EXPENDITURE ON**||||||| |**Charitable activities**|3|||||| |Charitable activities||**505,680**||**418,159**|**923,839**|864,296| |Other|||**-**|**-**|**-**|56,012| |**Total**||**505,680**||**418,159**|**923,839**|920,308| |**NET INCOME**||**342,586**||**445,919**|**788,505**|3,066| |**RECONCILIATION OF FUNDS**||||||| |**Total funds brought forward**||**(146,590)**||**224,875**|**78,285**|75,219| |**TOTAL FUNDS CARRIED FORWARD**||**195,996**||**670,794**|**866,790**|78,285| |Surplus and Deficit Account 968||||||| |Posting discrepancies were found in the reserve accounts||listed below.||This is because the brought forward postings||| |the current year are not equal to the figures carried forward by IRIS|||at the end of last year. Please check|||your postings| |the brought forward account for the surplus and deficit account 968.||||||| |||||Unrestricted|Restricted|| |||||funds|funds|**Total funds**| |||||£|£|**£**| |Brought forward - 968/1||||**(146,590)**|**224,875**|**78,285**| |Carried forward||||**78,285**|**-**|**78,285**| |Difference||||**224,875**|**(224,875)**|**-**| Posting discrepancies were found in the reserve accounts listed below. This is because the brought forward postings in the current year are not equal to the figures carried forward by IRIS at the end of last year. Please check your postings in the brought forward account for the surplus and deficit account 968. Post to relevant accounts (see ICHA chart of accounts for further details) The notes form part of these financial statements Page 8 ## **THE GOOD GYM** ## **BALANCE SHEET 31ST AUGUST 2020** |Unrestricted
fund
Notes
£
**FIXED ASSETS**
Tangible assets
9
**781**
**CURRENT ASSETS**
Debtors
10
**32,100**
Cash at bank
**226,821**
**258,921**
**CREDITORS**
Amounts falling due within one year
11
**(63,706)**
**NET CURRENT ASSETS**
**195,215**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**195,996**
**NET ASSETS**
**195,996**
**FUNDS**
12
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|Restricted
funds
£
**1,799**
**-**
**668,995**
**668,995**
**-**
**668,995**
**670,794**
**670,794**|**2020**
**Total**
**funds**
**£**
**2,580**
**32,100**
**895,816**
**927,916**
**(63,706)**
**864,210**
**866,790**
**866,790**
**195,996**
**670,794**
**866,790**|2019
Total
funds
£
2,756
12,400
113,778
126,178
(50,649)
75,529
78,285
78,285
78,285
-
78,285| |---|---|---|---| The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st August 2020. The members have not deposited notice, pursuant to Section 476 of the Companies Act 2006 requiring an audit of these financial statements. The trustees acknowledge their responsibilities for - (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and - (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. These financial statements have been audited under the requirements of Section 145 of the Charities Act 2011. The financial statements were approved by the Board of Trustees and authorised for issue on 23rd June 2021 and were signed on its behalf by: The notes form part of these financial statements continued... Page 9 **THE GOOD GYM** **BALANCE SHEET - continued 31ST AUGUST 2020** S B Greene - Trustee The notes form part of these financial statements Page 10 **THE GOOD GYM** ## **CASH FLOW STATEMENT FOR THE YEAR ENDED 31ST AUGUST 2020** |Notes
**Cash flows from operating activities**
Cash generated from operations
1
Net cash provided by operating activities
**Cash flows from investing activities**
Purchase of tangible fixed assets
Net cash used in investing activities
**Change in cash and cash equivalents in**
**the reporting period**
**Cash and cash equivalents at the**
**beginning of the reporting period**
**Cash and cash equivalents at the end of**
**the reporting period**|**2020**
**£**
**783,837**
**783,837**
**(1,799)**
**(1,799)**
**782,038**
**113,778**
**895,816**|2019
£
56,538
56,538
(4,125)
(4,125)
52,413
61,365
113,778| |---|---|---| The notes form part of these financial statements Page 11 **THE GOOD GYM** ## **NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 31ST AUGUST 2020** |**1.**|**RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM**|**OPERATING ACTIVITIES**|**OPERATING ACTIVITIES**| |---|---|---|---| |||**2020**|2019| |||**£**|£| ||**Net income for the reporting period (as per the Statement of Financial**||| ||**Activities)**|**788,505**|3,066| ||**Adjustments for:**||| ||Depreciation charges|**1,975**|2,181| ||(Increase)/decrease in debtors|**(19,700)**|50,493| ||Increase in creditors|**13,057**|798| ||**Net cash provided by operations**|**783,837**|56,538| ## 2. **ANALYSIS OF CHANGES IN NET FUNDS** ||At 1.9.19|Cash flow|**At 31.8.20**| |---|---|---|---| ||£|£|**£**| |**Net cash**|||| |Cash at bank|**113,778**|**782,038**|**895,816**| ||**113,778**|**782,038**|**895,816**| |**Total**|**113,778**|**782,038**|**895,816**| The notes form part of these financial statements Page 12 **THE GOOD GYM** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST AUGUST 2020** ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: 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) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. ## **Income** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. ## **Expenditure** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. ## **Tangible fixed assets** Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. ## **Taxation** The charity is exempt from corporation tax on its charitable activities. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ## **Pension costs and other post-retirement benefits** The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. ## **2. DONATIONS AND LEGACIES** |Gift aid
Grants
Corporate partners
Branch contracts
Government grants
Member donations|**2020**
**£**
**-**
**1,119,959**
**(5,712)**
**211,297**
**14,756**
**372,044**
**1,712,344**|2019
£
47,160
294,771
30,000
214,518
-
336,925| |---|---|---| |||923,374| continued... Page 13 **THE GOOD GYM** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST AUGUST 2020** ## **2. DONATIONS AND LEGACIES - continued** Grants received, included in the above, are as follows: |Other grants
**3.**
**CHARITABLE ACTIVITIES COSTS**
Direct
Costs
£
Charitable activities
**872,653**
**4.**
**SUPPORT COSTS**
Management
Finance
Depreciation
£
£
£
Charitable activities
**29,572**
**1,510**
**1,975**|**2020**
**£**
**1,119,959**
Support
costs (see
note 4)
£
**51,186**
Governance
costs
£
**18,129**||2019
£
294,771| |---|---|---|---| ||||Totals
£
**923,839**| ||||Totals
£
**51,186**| ## **5. NET INCOME/(EXPENDITURE)** Net income/(expenditure) is stated after charging/(crediting): ||**2020**|2019| |---|---|---| ||**£**|£| |Auditor's remuneration|**2,570**|-| |Depreciation - owned assets|**1,975**|2,181| ## **6. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 31st August 2020 nor for the year ended 31st August 2019. ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 31st August 2020 nor for the year ended 31st August 2019. continued... Page 14 **THE GOOD GYM** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST AUGUST 2020** ## **7. STAFF COSTS** |Wages and salaries
Other pension costs
The average monthly number of employees during the year was as follows:
Full time staff
No employees received emoluments in excess of £60,000.
**8.**
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
Unrestricted
fund
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
923,374
**EXPENDITURE ON**
**Charitable activities**
Charitable activities
864,296
Other
56,012
**Total**
920,308
**NET INCOME**
3,066
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
75,219
**TOTAL FUNDS CARRIED FORWARD**
78,285||**2020**
**£**
**485,693**
**9,942**
**495,635**
**2020**
**14**
Restricted
funds
£
-
-
-
-
-
-
-||2019
£
435,432
7,324
442,756
2019
13
Total
funds
£
923,374
864,296
56,012| |---|---|---|---|---| |||||| |||||| |||||920,308| |||||3,066
75,219| |||||78,285| Page 15 continued... **THE GOOD GYM** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST AUGUST 2020** ## **9. TANGIBLE FIXED ASSETS** |**COST**
At 1st September 2019
Additions
At 31st August 2020
**DEPRECIATION**
At 1st September 2019
Charge for year
At 31st August 2020
**NET BOOK VALUE**
At 31st August 2020
At 31st August 2019
**10.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Other debtors
**11.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Social security and other taxes
VAT
Other creditors|Computer
equipment
£
**6,561**
**1,799**
**8,360**
**3,805**
**1,975**
**5,780**
**2,580**
2,756
**2020**
2019
**£**
£
**32,100**
12,400
**2020**
2019
**£**
£
**12,839**
30,535
**29,590**
-
**21,277**
20,114
**63,706**
50,649| |---|---| Page 16 continued... **THE GOOD GYM** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST AUGUST 2020** ## **12. MOVEMENT IN FUNDS** |**Unrestricted funds**
General fund
**Restricted funds**
Lottery Community Fund - Digital Fund
Lottery Community Fund - Emergency
Funding
Lottery Community Fund - Building
Connections
Sport England - Core Market
Sport England Sector Partner Fund
Big Lottery Fund
Norfolk CF
**TOTAL FUNDS**
Net movement in funds, included in the above are as follows:
**Unrestricted funds**
General fund
**Restricted funds**
Lottery Community Fund - Digital Fund
Lottery Community Fund - Emergency
Funding
Lottery Community Fund - Building
Connections
Sport England - Core Market
Sport England Sector Partner Fund
Big Lottery Fund
**TOTAL FUNDS**|| |---|---| ||| continued... Page 17 **THE GOOD GYM** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST AUGUST 2020** ## **12. MOVEMENT IN FUNDS - continued** ## **Comparatives for movement in funds** |At 1.9.18
£
**Unrestricted funds**
General fund
75,219
**TOTAL FUNDS**
75,219
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
923,374
**TOTAL FUNDS**
923,374|Net
movement
At
in funds
31.8.19
£
£
3,066
78,285
3,066
78,285
Resources
Movement
expended
in funds
£
£
(920,308)
3,066
(920,308)
3,066| |---|---| ## **13. RELATED PARTY DISCLOSURES** There were no related party transactions for the year ended 31st August 2020. Page 18 **THE GOOD GYM** ## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST AUGUST 2020** |**INCOME AND ENDOWMENTS**
**Donations and legacies**
Gift aid
Grants
Corporate partners
Branch contracts
Government grants
Member donations
**Total incoming resources**
**EXPENDITURE**
**Charitable activities**
Salaries and national insurance
Pensions
Freelance assistance
Insurance
Events and marketing
Website and computer consumables
Volunteer recruitment, events and marketing
Staff training
Recruitment
Sundry expenses
Supplies
**Support costs**
**Management**
Rent and rates
Telephone
Postage and stationery
Travelling expenses
**Finance**
Bank charges
Other interest
**Depreciation**
Computer equipment|2020
£
**-**
**1,119,959**
**(5,712)**
**211,297**
**14,756**
**372,044**
**1,712,344**
**1,712,344**
**485,693**
**9,942**
**297,984**
**2,518**
**16,419**
**10,985**
**21,366**
**3,297**
**11,379**
**5,201**
**7,869**
**872,653**
**20,923**
**2,153**
**449**
**6,047**
**29,572**
**939**
**571**
**1,510**
**1,975**|2019
£
47,160
294,771
30,000
214,518
-
336,925| |---|---|---| |||923,374| |||923,374
435,432
7,324
297,000
2,536
21,082
7,221
39,190
10,645
7,025
4,528
-| |||831,983
56,012
5,672
630
10,735| |||73,049
845
-| |||845
2,181| This page does not form part of the statutory financial statements Page 19 **THE GOOD GYM** ## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST AUGUST 2020** |**DETAILED STATEMENT OF FINANCIAL ACTIVITIES**
**FOR THE YEAR ENDED 31ST AUGUST 2020**||| |---|---|---| |**Depreciation**
**Governance costs**
Auditor's remuneration
Accountancy
Legal fees
Total resources expended
**Net income**|2020
£
**2,570**
**1,210**
**14,349**
**18,129**
**923,839**
**788,505**|2019
£
-
3,600
8,650| |||12,250| |||920,308| |||3,066| This page does not form part of the statutory financial statements Page 20