Charity registration number: 1161894
Easton Gymnastics Club
Annual Report and Financial Statements for the Year Ended 30 September 2025
ADP Accounting Limited Association of Chartered Certified Accountants 19 Farrow Close Mattishall Dereham Norfolk NR20 3SZ
Easton Gymnastics Club Contents
| Reference and Administrative Details | 1 |
|---|---|
| Independent examiner's report | 2 |
| Statement of financial activities | 3 |
| Balance Sheet | 4 |
| Notes to the financial statements | 5 to 8 |
Easton Gymnastics Club
Reference and Administrative Details
Charity name Easton Gymnastics Club Charity registration number 1161894 Principal office Deer Park House Bawburgh Road Easton Norfolk NR9 5EA Registered office Deer Park House Bawburgh Road Easton Norfolk NR9 5EA Trustees Mrs N Burgis Mrs J Tubby Mrs M B Blaxall Mr T Peasey Accountant ADP Accounting Limited 19 Farrow Close Mattishall Dereham Norfolk NR20 3SZ
Page 1
Independent Examiner's Report to the Trustees of Easton Gymnastics Club
I report on the accounts of the Trust for the year ended 30 September 2025 which are set out on pages 3 to 9.
Respective responsibilities of trustees and examiner:-
The trustees are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011(the 2011 Act) and that an independent examination is needed.
It is my responsibility to:
1) examine the accounts under section 145 of the 2011 Act;
2) follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
3) state whether particular matters have come to my attention.
Basis of independent examiner's report
My examination was carried out in accordance with the General Directions given by the Charity Commission.
An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
- 1) which gives me reasonable cause to believe that in any material respect the requirements: to keep accounting records in accordance with section 130 of the Act; and
to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met; or
2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
ADP Accounting Limited Association of Chartered Certified Accountants 19 Farrow Close Mattishall Norfolk NR20 3SZ
25th March 2026
Page 2
Easton Gymnastics Club
Statement of Financial Activities for the Year Ended 30 September 2025
| Note Incoming resources Grants & Fundraising 2 & 3 Activities for generating funds 4 Investment income 5 Total incoming resources Resources expended Costs of generating funds 6 Total resources expended Net movements in funds Reconciliation of funds Total funds brought forward Total funds carried forward |
Unrestricted Restricted Total Funds Total Funds Funds Funds 2025 2024 £ £ £ £ 6,355 0 6,355 22,894 379,601 0 379,601 311,167 1,070 0 1,070 1,684 |
|---|---|
| 387,026 0 387,026 335,745 |
|
| 394,847 394,847 346,359 |
|
| 394,847 0 394,847 346,359 |
|
| -7,821 0 -7,821 -10,614 490,077 214,924 705,001 715,615 |
|
| 482,256 214,924 697,180 705,001 |
The notes on pages 5 to 8 form an integral part of these financial statements.
Page 3
Easton Gymnastics Club
Balance Sheet as at 30 September 2025
| Note Fixed assets Tangible assets 9 Current assets Stocks and work in progress Trade Debtors and Prepayments Cash at bank and in hand Creditors: Amounts falling due within one year 10 Net current assets Total assets less current liabilities Creditors: Amounts falling due after more than one year 11 Net assets The funds of the charity: Restricted funds Unrestricted funds Total charity funds |
£ £ £ £ 621,742 635,724 3,250 5,000 3,220 2,429 99,610 84,814 106,080 92,243 -21,725 -6,175 84,355 86,068 706,097 721,792 -8,917 -16,791 697,180 705,001 214,924 214,924 482,256 490,077 697,180 705,001 2025 2024 |
£ £ £ £ 621,742 635,724 3,250 5,000 3,220 2,429 99,610 84,814 106,080 92,243 -21,725 -6,175 84,355 86,068 706,097 721,792 -8,917 -16,791 697,180 705,001 214,924 214,924 482,256 490,077 697,180 705,001 2025 2024 |
|---|---|---|
| 721,792 -16,791 |
||
| 705,001 | ||
| 214,924 490,077 |
||
| 705,001 |
The financial statements have been prepared in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Approved by the Board on …………………...and signed on its behalf by:
J Tubby Trustee
The notes on pages 5 to 8 form an integral part of these financial statements.
Page 4
Easton Gymnastics Club
Notes to the Financial Statements for the Year Ended 30 September 2025
1) Accounting policies
Basis of preparation
The financial statements have been prepared under the historical cost convention and in accordance with the Statement of Recommended Practice 'Accounting and Reporting by Charities (SORP 2005)', issued in March 2005, the Financial Reporting Standard for Smaller Entities (effective January 2015) and the Charities Act 2011.
Fund accounting policy
Unrestricted income funds are general funds that are available for use at the trustees' discretion in furtherance of the objectives of the charity.
Restricted funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.
Further details of each fund are disclosed in note 12.
Incoming resources
Donations are recognised where there is entitlement, certainty of receipt and the amount can be measured with sufficient reliability.
Deferred income represents amounts received for future periods and is released to incoming resources in the period to which it relates. Such income is only deferred when:
-
The donor specifies that the donation must only be used in future accounting periods; or
-
The donor has imposed conditions which must be met before the charity has unconditional entitlement.
Shop income is recognised as earned (that is, as the related goods or services are provided).
Investment income is recognised on a receivable basis.
Resources expended
Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to the expenditure. All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category.
Costs of generating funds are the costs of trading for fundraising purposes.
Fixed assets
Individual fixed assets costing £100 or more are initially recorded at cost.
Depreciation
Depreciation has been charged on assets per the charities policies.
Page 5
Easton Gymnastics Club
Notes to the Financial Statements for the Year Ended 30 September 2025
continued
Stock
Stock is valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks. Net realisable value is based on selling price less anticipated costs to completion and selling costs. Items donated for resale or distribution are not included in the financial statements until they are sold or distributed.
Operating leases
Rentals payable under operating leases are charged in the statement of financial activities on a straight line basis over the lease term.
2) Voluntary income
| 2) Voluntary income | |
|---|---|
| Donations and legacies Display Takings and Fundraising 3) Grants receivable Grants and Burseries 4) Activities for generating funds Subscriptions Sales of purchased goods Fees and competitions Equipment sale/hire and parties Tuck Shop Other |
Unrestricted Restricted Total Funds Total Funds Funds Funds 2025 2024 £ £ £ £ 5,709 0 5,709 5,824 |
| Unrestricted Restricted Total Funds Total Funds Funds Funds 2025 2024 £ £ £ £ 646 0 646 17,070 |
|
| 646 0 646 17,070 |
|
| Unrestricted Restricted Total Funds Total Funds Funds Funds 2025 2024 £ £ £ £ 329,281 0 329,281 253,404 8,290 0 8,290 13,237 24,070 0 24,070 30,641 11,488 0 11,488 8,928 6,472 6,472 4,957 0 0 0 0 |
|
| 379,601 0 379,601 311,167 |
Page 6
Easton Gymnastics Club
Notes to the Financial Statements for the Year Ended 30 September 2025
continued
5) Investment income
| Interest on cash deposits | Unrestricted Restricted Total Funds Total Funds Funds Funds 2025 2024 £ £ £ £ 1,070 0 1,070 1,684 |
|---|---|
6) Total resources expended
| Cost of goods sold (as adjusted for stock) Tuck shop purchases Other direct costs Competition costs Establishment costs Repairs and maintenance Salaries and Pensions Other Employment costs Administration expenses Printing, stationery and computer expenses Subscriptions Legal and professional costs Bank charges Interest payable Depreciation |
2025 2024 Total Total £ £ 10,213 9,777 3,068 2,966 2,847 1,201 16,344 9,226 27,133 25,749 10,202 8,604 269,495 225,018 9,644 9,361 4,258 1,749 7,797 6,101 1,932 1,456 210 798 1,431 6,872 450 650 29,823 36,831 |
|---|---|
| 394,847 346,359 |
7) Trustees' remuneration and expenses
There were no trustees that received any remuneration during the year.
8) Employees' remuneration
The aggregate payroll costs of these persons were as follows:
| Wages and salaries | 2025 2024 £ £ 269,495 225,018 |
|---|---|
No employee received emoluments of more than £60,000 during the year (2024 - No. 0).
Page 7
Easton Gymnastics Club
Notes to the Financial Statements for the Year Ended 30 September 2025
continued
9) Tangible fixed assets
| Cost As at 1 October 2024 Additions As at 30 September 2025 Depreciation As at 1 October 2024 Charge As at 30 September 2025 Net book value As at 30 September 2025 As at 30 September 2024 10) Creditors: Amounts falling due within one year PAYE payable Accruals and deferred income 11) Creditors: Amounts falling due after one year Bank Loan |
Fixtures, Land and fittings and buildings equipment Total £ £ £ 552,132 226,856 778,988 0 15,840 15,840 |
|---|---|
| 552,132 242,696 794,828 |
|
| 35,056 108,208 143,264 8,764 21,058 29,822 |
|
| 43,820 129,266 173,086 |
|
| 508,312 113,430 621,742 |
|
| 517,076 118,648 635,724 |
|
| 2025 2024 £ £ 4,896 4,045 16,829 2,130 21,725 6,175 2025 2024 £ £ 8,917 16,791 |
12) Related parties
Controlling entity
The charity is controlled by the trustees.
Page 8
Easton Gymnastics Club
Notes to the Financial Statements for the Year Ended 30 September 2025
continued
13) Analysis of funds
| 13) Analysis of funds | |
|---|---|
| General Funds Unrestricted income fund Restricted Funds Restricted income fund |
At 1 At 30 October Incoming Resources September 2024 resources expended 2025 £ £ £ £ 490,077 387,026 -394,847 482,256 214,924 0 0 214,924 |
| 705,001 387,026 -394,847 697,180 |
14) Operating lease commitments
At 30 September 2024 the company had commitments to make future minimum lease payments under noncancellable operating leases as follows:
| Amounts payable Land and Buildings Within 1 Year Between 1 and 5 years Over 5 years |
2025 2024 £ £ 4,208 4,208 16,832 16,832 63,120 67,328 |
|---|---|
| 84,160 78,750 |