**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|