|Report ofthe Trustees|||I|to|4|
|---|---|---|---|---|---|
|Independent<br>Examiner's||Report||||
|Statement ofFinancial||Activities||||
|Balance Sheet|||7|to|8|
|Cash Flow Statement||||||
|Notes to the Cash Flow||Statement||10||
|Notes to the Financial|Statements||11|to|20|
|Detailed Statement of|Financial Activities||21|to|22|





## 

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## 



|||||||||2020|2019|
|---|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted||Total|Total|
||||||funds|funds||funds|funds|
|||||Notes||g||||
|INCOME AND ENDOWMENTS FROM||||||||||
|Donations<br>and legacies|||||107,771|2,566||110,337|8,765|
|Charitable<br>activities||||||||||
|Memberships|||||51,029|||51,029|52,013|
|General classes|||||400,617|||400,617|596,509|
|Merchandise<br>sales|and||festival incomo||15,418|||15,418|15,315|
|Gymnastics<br>squad|fees||and event income||98,509|||98,509|183,780|
|Investment<br>income|||||366||||150|
|Total|||||673,710|2,566||676476|856,532|
|EXPENDITURE|ON|||||||||
|Raising funds||||||||||
|Raising donations|and||legacies|6|7,072|||7,072|6,925|
||||||7,072|||7,072|6,925|
|Charitable<br>activities||||||||||
|Charitable<br>activities|||||736,690|||736,690|792,461|
|Other|||||22,323||415|22,738|22,737|
|Total|||||766,085||415|766,500|822,123|
|NET INCOME/(EXPENDITURE)|||||(92,375)|2,151||(90@24)|34,409|
|RECONCILIATION|||OF FUNDS|||||||
|Total funds brought||forward|||283,929|1,243||285,172|250,763|
|TOTAL FUNDS|CARRIED FORWARD||||191,554|3,394||194,948|285,172|





## 

## 

|||||2020|2019|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|funds|funds|
||Notes|f,||8|f,|
|FIXEDASSETS||||||
|Tangible<br>assets|13|69,342|828|70,170|92,908|
|CURRENT ASSETS||||||
|Stocks|14|200||200|200|
|Debtors|15|18,289||18@89|58,718|
|Cash at bank and in hand||277,237|2,566|279,803|242,247|
|||295,726|2,566|298492|301,165|
|CREDITORS||||||
|Amounts<br>falling due within one year|16|(173,514)||(173,514)|(108,901)|
|NET CURRENT ASSETS||122,212|2,566|124,778|192,264|
|TOTAL ASSETSLESSCURRENT||||||
|LIABILITIES||191,554|3,394|194,948|285,172|
|NET ASSETS||191,554|3,394|194,948|285,172|
|FUNDS|17|||||
|Unrestricted<br>funds||||191,554|283,929|
|Restricted<br>funds||||3,394|1,243|
|TOTAL FUNDS||||194,948|285,172|





## 

## 

||||2020|2019|
|---|---|---|---|---|
|||Notes|||
|Cash flows from operating|activities||||
|Cash generated<br>from operations|||37,190|89,514|
|Net cash provided by operating<br>activities|||37,190|89,514|
|Cash flows from investing|activities||||
|Purchase oftangible<br>fixed assets||||(1,003)|
|Interest received|||366|150|
|Net cash provided<br>by/(used|in) investing|activities|366|(853)|
|Change<br>in cash and cash equivalents||in|||
|the reporting<br>period|||37,556|88,661|
|Cash and cash equivalents|at the||||
|beginning<br>ofthe reporting|period||242,247|153,586|
|Cash and cash equivalents|at the end|of|||
|the reporting<br>period|||279,803|242447|





|RECONCILIATION|OF NET (EXPENDITURE)/INCOME|OF NET (EXPENDITURE)/INCOME|TO NET CASH FLOW FROM||
|---|---|---|---|---|
|OPERATING ACTIVITIES|||||
||||2020|2019|
|Net (expenditure)/income<br>for the reporting||period (as per the|||
|Statement ofFinaacial Activities)|||(90724)|34,409|
|Adjustments<br>for:|||||
|Depreciation<br>charges|||22,738|22,737|
|Interest received|||(366)|(150)|
|Decrease/(increase)<br>in|debtors||40,429|(16,854)|
|Increase in creditors|||64,613|49,372|
|Net cash provided<br>by|operations||37,190|89,514|



## 

|ANALYSIS OF CHANGES IN NET FUND|S|||
|---|---|---|---|
||At 1.8.19|Cash flow|At 31.7.20|
|Net cash||||
|Cash at bank and in hand|242,247|37,556|279,803|
||242747|37,556|279,803|
|Total|242,247|37,556|279,803|





## 

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## 



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## 

## 

## 



## 

|3.|DONATIONS|DONATIONS||AND|LEGACIES|LEGACIES|LEGACIES||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||2020|2019|
||Donations||||||||5,027|4,765|
||Grants||||||||105,310|4,000|
||||||||||110,337|8,765|
||Grants received,|||included||in|the above, are|as follows:|||
||||||||||2020|2019|
||||||||||8|8|
||Men's Artistic||Development||||Grant|||4,000|
||Job Retention||Scheme and|||related grants|||102,744||
||Kent Gymnastics||||||||2,566||
||||||||||105,310|4,000|
|4.|INVESTMENT|||INCOME|||||||
||||||||||2020|2019|
||Interest receivable||||||||366|150|
||INCOME|FROM CHARITABLE ACTIVITIES|||||||||
||||||||||2020|2019|
||||||||Activity||||
||Membership|fees|||||Memberships||51,029|52,013|
||Class fees||||||Geneml classes||400,617|596,509|
||Kit sales||||||Merchandise|sales and festival income|15,418|15,315|
||Squad fees|and|event||income||Gymnastics|squad fees and event income|98,509|183,780|
||||||||||565,573|847,617|
|6.|RAISING|DONATIONS||||AND LEGACIES|||||
||||||||||2020|2019|
||Marketing,|advertising|||and|computer expenses|||1,550|2,338|
||Support costs||||||||5,522|4,587|
||||||||||7,072|6,925|





## 

|||||||||Support||
|---|---|---|---|---|---|---|---|---|---|
||||||||Direct|costs (see||
||||||||Costs|note 8)|Totals|
||Charitable|activities|||||631,743|104,947|736,690|
|8.|SUPPORT||COSTS|||||||
||||||||Management|Finance|Totals|
||Raising donations|||and|legacies||5,353|169|5,522|
||Charitable|activities|||||101,736|3/11|104,947|
||||||||107,089|3,380|110,469|
||Support costs, included||||in the above, are as follows:|||||
|||||||||2020|2019|
|||||||Raising||||
|||||||donations||||
|||||||and|Charitable|Total|Total|
|||||||legacies|activities|actlvltles|activities|
|||||||8||||
||Wages|||||4,236|80,482|84,718|68,713|
||Social security|||||177|3,372|3,549|2,895|
||Pensions|||||72|1,376|1,448|767|
||Telephone|||||74|1,414|1,488|1,395|
||Office costs|||||483|9,175|9,658|7,084|
||Sundries|||||5|103|108|140|
||Independent||examiners||fees|306|5,814|6,120|5,980|
||Bank charges|||||169|3@11|3,380|4,755|
|||||||5,522|104,947|110,469|91,729|
|9.|NET INCOME/(EXPENIJITURE)|||||||||
||Net income/(expenditure)||||is stated after charging/(crediting);|||||
|||||||||2020|2019|
|||||||||8||
||Depreciation||- owned assets|||||22,738|22,738|
||Independent||examiner's||fees|||6,120|5,980|





## 

## 

## 

|STAFF COSTS|||||
|---|---|---|---|---|
||||2020|2019|
|Wages and salaries|||417,597|408,553|
|Social security costs|||25,439|25,960|
|Other pension costs|||9,393|7,078|
||||452,429|441,591|
|The average monthly|number ofemployees|during the year was as follows:|||
||||2020|2019|
|Administrative<br>employees|||8|6|
|Coaches|||26|25|
||||34|31|



## 

|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES|||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total|
|||funds|funds|funds|
||||8|f,|
|INCOME AND ENDOWMENTS FROM|||||
|Donations<br>and legacies||4,765|4,000|8,765|
|Charitable<br>activities|||||
|Memberships||52,013||52,013|
|General classes||596,509||596,509|
|Merchandise<br>sales|and festival income|15,315||15,315|
|Gymnastics<br>squad|fees and event income|183,780||183,780|
|Investment<br>income||150||150|
|Total||852,532|4,000|856,532|
|EKPENDITURE|ON||||
|Raising funds|||||
|Raising donations|and legacies|6,925||6,925|
|||6,925||6,925|
|Charitable<br>activities|||||
|Charitable<br>activities||786,461|6,000|792,461|





|12.|COMPARATIVES FOR THK STATEMENT OFFINANCIALA~S|COMPARATIVES FOR THK STATEMENT OFFINANCIALA~S|COMPARATIVES FOR THK STATEMENT OFFINANCIALA~S|- continued||
|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|
||||funds|funds|funds|
|||||8||
||Other||22,322|415|22,737|
||Total||815,708|6,415|822,123|
||NET INCOME/(EXPENDITURE)||36,824|(2,415)|34,409|
||RECONCILIATION|OF FUNDS||||
||Total funds brought|forward|247,105|3,658|250,763|
||TOTAL FUNDS CARRIED FORWARD||283,929|1,243|285,172|
|13.|TANGIBLE FIXEDASSETS|||||
||||Improvements|||
||||to|Gymnastics||
||||property|equipment|Totals|
||COST|||||
||At 1stAugust 2019and 31stJuly 2020||96,855|86,416|183471|
||DEPRECIATION|||||
||At 1stAugust 2019||22,740|67,623|90,363|
||Charge for year||5,457|17@81|22,738|
||At 31stJuly 2020||28,197|84,904|113,101|
||NET BOOK VALUE|||||
||At 31stJuly 2020||68,658|1,512|70,170|
||At 31stJuly 2019||74,115|18,793|92,908|
|14.|STOCKS|||||
|||||2020|2019|
||Stocks|||200|200|





## 

|DEBTORS:AMOUNTS FALL|ING DUK WITHIN ONK Y|EAR||||
|---|---|---|---|---|---|
|||||2020|2019|
|||||8||
|Trade debtors||||6,226|30,182|
|Other debtors||||12,063|14,136|
|Prepayments|||||14,400|
|||||18@89|58,718|
|CREDITORS: AMOUNTS FALLING DUE~ONE||YEAR||||
|||||2020|2019|
||||||f.|
|Social security and other taxes||||5,751|7,883|
|Other creditors||||93,005|15,923|
|Deferred income||||68,658|78,995|
|Accrued expenses||||6,100|6,100|
|||||173,514|108,901|
|MOVEMENT IN FUNDS||||||
|||||Net||
|||||movement|At|
|||At|1.8.19|in funds|31.7.20|
|Unrestricted<br>funds||||||
|General fund||283,929||(92,375)|191,554|
|Restricted<br>funds||||||
|Children<br>in Need Grant|||1343|(415)|828|
|Kent Gymnastics||||2,566|2,566|
||||I$43|2,151|3,394|
|TOTAL FUNDS||285,172||(90/24)|194,948|
|Net movement<br>in ftmds, included|in the above are as follows:|||||
|||Incoming||Resources|Movement|
|||resources||expended|in funds|
|Unrestricted<br>funds||||||
|General fund||673,710||(766,085)|(92,375)|
|Restricted funds||||||
|Children<br>in Need Grant||||(415)|(415)|
|Kent Gymnastics|||2,566||2,566|
||||2,566|(415)|2,151|
|TOTAL FUNDS||676,276||(766,500)|(90,224)|



## 



## 

||||||Net||
|---|---|---|---|---|---|---|
||||||movement|At|
|||||At 1.8.18|in funds|31.7.19|
|Unrestricted||funds|||||
|General|fund|||247,105|36,824|283,929|
|Restricted funds|||||||
|Children|in Need Grant|||1,658|(415)|1,243|
|Men's Artistic||Development|Grant|2,000|(2,000)||
|||||3,658|(2,415)|1,243|
|TOTAL|FUNDS|||250,763|34,409|285,172|



||||||Incoming|Resources|Movement|
|---|---|---|---|---|---|---|---|
||||||resources|expended|in funds|
|Unrestricted||funds||||||
|General|fund||||852,532|(815,708)|36,824|
|Restricted<br>funds||||||||
|Children|in Need Grant|||||(415)|(415)|
|Men's Artistic||Development||Grant|4,000|(6,000)|(2,000)|
||||||4,000|(6,415)|(2,415)|
|TOTAL|FUNDS||||856,532|(822,123)|34,409|
|A current|year|12months|and prior year 12months combined position is as follows:|||||
|||||||Net||
|||||||movement|At|
||||||At 1.8.18|in funds|31.7.20|
||||||f,|||
|Unrestricted||funds||||||
|General|fund||||247,105|(55,551)|191,554|
|Restricted<br>funds||||||||
|Children|in Need Grant||||1,658|(830)|828|
|Men's Artistic||Development||Grant|2,000|(2,000)||
|Kent Gymnastics||||||2,566|2,566|
||||||3,658|(264)|3,394|
|TOTAL|FUNDS||||250,763|(55,815)|194,948|





## 

|||Incoming|Resources|Movement|
|---|---|---|---|---|
|||resources|expended|in funds|
|Unrestricted<br>funds|||||
|General<br>fund||1,526,242|(1,581,793)|(55,551)|
|Restricted<br>funds|||||
|Children<br>in Need Grant|||(830)|(830)|
|Men's Artistic Development|Grant|4,000|(6,000)|(2,000)|
|Kent Gymnastics||2,566||2,566|
|||6,566|(6,830)|(264)|
|TOTAL FUNDS||1,532,808|(1,588,623)|(55,815)|



## 

## 



|||||||2020|2019|
|---|---|---|---|---|---|---|---|
|INCOME|AND|KNDOWMKNTS||||||
|Donations|and|legacies||||||
|Donations||||||5,027|4,765|
|Grants||||||105,310|4,000|
|||||||110,337|8,765|
|Investment|income|||||||
|Interest receivable||||||366|150|
|Charitable|activities|||||||
|Membership|fees|||||51,029|52,013|
|Class fees||||||400,617|596,509|
|Squad fees|and event income|||||98,509|183,780|
|IGt sales||||||15,418|15,315|
|||||||565,573|847,617|
|Total incoming||resources||||676476|856,532|
|Raising donations|||and legacies|||||
|Marketing,|advertising|||and computer|expenses|1,550|2,338|
|Charitable|activities|||||||
|Wages||||||332,879|339,840|
|Social security||||||21,890|23,065|
|Pensions||||||7,945|6,311|
|Rent and rates||||||163,200|172,800|
|Insurance||||||6,797|6,701|
|Event expenses||||||9,577|39,375|
|IGt purchases<br>and awards||||||26,514|23,360|
|Consultancy|fees|||||38,406|52,241|
|Repairs and|renewals|||||9,754|12,807|
|Travel and|subsistence|||||5,641|17,116|
|Stafi' training||||||5,024|6,873|
|Subscriptions||||||4,116|4,830|
|||||||631,743|705,319|
|Other||||||||
|Improvements<br>to||property depreciation||||5,457|5,457|
|Gymnastics|equipment|||depreciation||17,281|17480|
|||||||22,738|22,737|





||||2020|2019|
|---|---|---|---|---|
|Support costs|||||
|Management|||||
|Wages|||84,718|68,713|
|Social security|||3,549|2,895|
|Pensions|||1,448|767|
|Telephone|||1,488|1,395|
|Office costs|||9,658|7,084|
|Sundries|||108|140|
|Independent|examiners|fees|6,120|5,980|
||||107,089|86,974|
|Finance|||||
|Bank charges|||3,380|4,755|
|Total resources|expended||766,500|822,123|
|Net (expenditure)/Income|||(90424)|34,409|