THAMESMEAD GYM CHARITY REGISTRATION NO: 1161480 REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 CONTENTS PAGE Tru8tee8' Report Independent Examlnerfs Report Receipts and Payments Account Statement of Assets and Liabilities
ES TRUSTEES. REPORT Ttr truste6s are pleased to present their annual report together with the receipts and payments a¢¢ount of the diarity for the year ended 31 March 2025. ADMINISTRATIVE DETAILS Charity registration number 1161480 Principal address Archway G & H arrow Manorway Tham8sm8ad London, SE2 gXJ Trustees L Moss K Townsend J FainNe8ther D Gaskin G Lewis J Rayner M Starbuck D Townsend - Chairpepaon - Secretary Independent 8xamlner A Agg8rw81, FCA CTA Aggarwal & Co 5 London Road Rainham Gillingham Kent, ME8 7RG Bank8 Natlonal Westrninster Bank plG GOVERNAN vemin Doc The charity Is a charitable incorporated organisatlon govemed by a constitution document dated 25 March 2015. in The charity is admlnlstered by its trustees, 811 of vthom must be competent persons residing or carrying on l)usiness in or near Bexley or Greenwich. A vacancy can be filled by the trustees appointing competent person. Inducti and Trainin of Trustees The charity has Irg-standIng trustees vtho continue to be aw8re of the developments in the charity sector. Any new tnjstees I)Uld be assessed and trained according to their needs.
SME REPORT OF THE TRUSTEES OB TIVE TIVITIE Ob"ectives The object of the charity is the promotion of community participation in a heatthy recrealion by the provision of a gymnasium to the inhabitants of Thamesmead and Surrounding areas lo provide recreats'onal facilits'es in the interests of social weffare with the object of improving their condition of lrfe. Public Benefit In accordance wth section 17{5) of the Charitles Act 2011, the trustees have had due regard to the guidance published by the Charity Commission on the requirement that the objectives and work und6rtaken by the charity are in line Charitable objects and do provide benefit for the public. The charity offers its members, through the payTnent of a small subscrlptlon. the opportunity to enjoy U facilities of the gymnasium. Goaching and nutr111al advi. Aims and ACtItieS The ch8rlWs main aim currentty is to operate the gyTnnasium in accordance *ith the diaritys objects, to keep c05tS affordable. increase the number of members and to provide continuing support and guidance to the IOCAI community and surroundlng areas, thus enabllng the gn to run more efficlentty and effvely, HIEVEMENT AND PERF RMAN The key achievements during the year have been: increased membership k8Pt costs affordable for new and 8xlsting memb8rs The tW8tees do not believe that the charfty Is facing any principal risks and uncertaintie8 but are monitoring.. rn8rnbwship retentlon ren( rates and seIe8 chargès INANCI VIEW Revi fth Fin iti The flnanclal position Is set out on pages 5 and 6. Receipts from membership subscriptions and GnpasS hav8 Incr88s8d from £64,901 last y8ar to £67,955. The maln expendlture continues to be vrdges and rent. Thls year the charfty Invested £8.355 In new gsffn 8quipm8nt vthich took total 8xp8nditur8 to £69.327 up from £63.291 last year. The result is that payThents exceeded receipts by £1,372 and cash funds have reduced frovn £4,082 to £2.710.
REPORT OF THE TRUSTEES T tees. R onsi The trustees are responslble for prepadng the Trustees. Report and the account In accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Pra¢ti¢e). The law applicable tD charities in England & Wales requires the trustees to prepare an account for eath nancial year which gives a true 8nd fair view of the receipts and payments of the charity for th81 period. In weparing this 8txount, the tNstees are required to: sel8Ct suitable accounting pjlicies and then appty them consistently: observ8 th8 methods and principles in the Charities SORP 2015; make judgements and estimates that are reasonable and prudent; state thether applicable accounting standards have been followed, subject to any rnaterial departures disclosed and explained in the financial statements, and prepare the accounts on the going concem basis unless it Is Inappropriate to presume that the charity will continue in business. The trustees are responsible for maintaining proper accounting records vthich disclose with reasonable accuracy at any time the financial posltion of the charity and enable them to ensure that the account complies with the Charities Ad 2011. the Charity (Aco)unts and Reports) Regulations 2008 and Ihe provisions of the constitutton. They are also responsible for safeguarding the assets of the charity and hence for taklng reasonable steps for the preventlon and detection of fraud and other Irregularitles. Approved by the trustees on 29 October 2025 and signgd on their behalf K Townsend Trustee
RECEIPTS AND PAYMEKTS ACCOUNT FOR THE YEAR ENDED 31 MARCH 20 2025 2024 RECEIPTS Receipts from charitable activities Membership subscripts'ons Gympass Refunds and credit adjustments 64,971 2,625 359 62.418 2.483 TOTAL RECEIPTS 67,955 PAYMENTS Charitable activltles Wages National Insurance Pen3ion Insurance Rent Business rates Telephone, TV licence and subscrlptlons Malntenance and utllities Gym equipment Charitable donations AcUntancY 38.436 32,731 824 463 1,786 12.544 1,128 3,113 761 9,068 93 780 705 2,084 12,544 1,173 3.045 2,171 8,355 780 TOTAL PAYMENTS 69,327 63,291 NET RECEIPTSI(PAYMENTS) (1.372) 1,610 Cash funds 8t tho beglnnlng of the year 4,082 2,472 CASH FUNDS AT THE END OF THE YEAR 2.710 All receipts and payments derive from continuing activities.
AMESME GYM STATEMENT OF ASSETS AND LIABILrriES T 31 MARCH 2024 2025 UNRESTRICTED CASH FUNDS National Westminster Bank 2,710 4.082 ASSETS RETAINED FOR THE CHARrrrs OWN USE Gymnaslum equipment at Archway G & H, Harrow Manorway, Thamesmead. SE2 9XJ. CCTV Camera System Computer system UABILITIES Independent examinerfs fee Utilitles NOTE THEA COUNT (a) asls of accountin The accounts have been pr8par8d on the raceipts and paymenls basis under the historical cost convention and in accordance wth the Charits'es Act 2011 and the Charities Stalement of Recommended Practlce {FRS 102). (b) Funds stnicture All funds are unrestrled income funds, 2 TR STEE REM NERAT There were no trustees, remuneratlon or other beneffts for the year ended 31 March 2025. There were no tnJ8tee8' expenses paid for thi8 or the previous year. 3 RELATED PARTY DI RE There were no related party transactions for the year ended 31 March 2025. 4 TAXATION The charity is a registered charity and no provisic is considered necessary for taxation. Approved by the trustees on 29 OGtober 2025 and signed on their behalf K Tovms6nd Trustee
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THAMESMEAD GYM I report to the tnjstees on my examinatlon of the accounts of Thamesmead Gym (Ihe Charl} for the year end8d 31 March 2025. are set out on pages 5 and 6. Res onsibilities and basis of re ort As the Charitys trustees. you are responsible for the preparation of the 8ccounts in accordance with the requlrements of the Charities Act 2011 {Yhe Acl"). I report In respect of my examlnatlon of th8 Charitys accounts carried out under sectlon 145 of the Act and in carrying out my examination I have fcdlowed all the applicable Directions given by the Charity Commission under sectit)n 145(5)(b) of the Act. min I have completed my examination. I confim that no material matters hav8 come to my attention in connection with the examination giving me cause to believe that in any material respect: accounting records were not kepl in respect of the Charity as required by section 130 of the Act; or the accounts do not accord wlth thos8 r8cords. I have no concems and have come across no other matters in connectton with the examinatlon to vthich attention should be drawn In this report in order to enable a proper understanding of Ihe accounts to be reached. A Aggarwal, FCA CTA Aggarwal & Co Chartered Accountants 29 Oclober 2025 5 London Road Ralnham Gillingham K8nl. ME8 7RG