2020-08-31-accounts

				Page
Trustees' annual report
Independent examiner's report to the trustees
Statement of financial	activities	(including	income and
expenditure account)
Statement of financial	position			10
Notes to the financial	statements

Reference	and administrative	and administrative	and administrative	and administrative	detags
Registered		charity	name		SOUTHPORT GYMNASTICS			CLUB C.I.O.
Charity registration			number		f f63781
Company	registration			number	CE004808
Principal office and			registered		55a Segars	Lane
office					Ainsd ale
					Southport
					Merseyside
					PRB3JA
					England
The trustees
					Mr. Matthew	Dodd
					Ms. Louise	Fisher
					Ms. Angela	Christian	—Pye
					Ms. Karen Lawson
					Mr. Andrew	Campbell		(Resigned 29October 2020)
					Mrs. Karen	Allen
					Mrs. Sarah	Simcock
					Mr. Paul Holi
					Ms. Justine	Sims
Independent		examiner			Chris Sales
					20 Derby Greet
					Onnskirk
					Lancashire
					L392BY

							2020		2019
						Unrestricted	Restricted
						funds	funds	Total funds	Total funds
					Note		2	2	2
Income and endowments
Donations and	legacies				4	345,707		345,707	450,607
Other incoming	resources				5	66,317		66,317	59,510
Total income						4'l2,024		412,024	510,117
Expenditure
Expenditure on	raising funds:
Cost of generating			funds		6	5217		5,217	6,415
Expenditure on	charitable			activities	7,8	259,477		259,477	336,006
Other expenditure					10	84,693		84,693	89,423
Total expenditure						349,387		349,387
Net income						62,637		62,637	78,273
Transfers between		funds				7,470	(7,470)
Net movement	in	funds				70,107	(7,470)	62,638	78,273
Reconciliation	of	funds
Total funds brought		forward				424,965	7,470	432,435	354,162
Total funds carried forward						495,072		495,072	432,435

				2020	20l9
			Note	2
Fixed assets
Tangible fixed assets			16	435,902	433,963
Current assets
Stocks Debtors			16 17	3,927 31,788	3,726 78,069
Cash at bankandin	hand			243,315	235,708
				279,030	317,503
Creditors: amounts	falling	due within one year	16	90,900	181,696
Net current assets				188,130	135,807
Total assets less current		liabilities		624,032	569,770
Creditors: amounts	felling	due after more than one year	19	128,960	137,335
Net assets				495,072	432,435
Funds ofthe chariiy
Restricted funds					7,470
Unrestricted funds				495,072	424,965
Total charity funds			20	495,072	432,435

					Unrestricted	Restricted	Total Funds
					Funds	Funds	2020
							2
Donations
Donations					8,411		8,41 1
Fundraising	activities				12,700		12,700
Grants
Grants receivable
Subscriptions
Membership	and		other fees		324,59S		324,596
					345,707		345,707
					Unrestricted	Restricted	Total Funds
					Funds	Funds	2019
Donations
Donations Fundraising	activiTies					1,863 17,140	1,863 17,'!40
Grants
Grants receivable						5,000	5,000
Subscdptions
Membership	and		other fees		426,604		426,604
					426,604	24,003	450,607
Grants have	been		received as foilows:-
						2020	2019
						2
West Lancashire			Freemasons -	for gymnastics	equipment		5,000
Other incoming			resources
					Unrestricted	Restricted	Total Funds
					Funds	Funds	2020
					2		2
Gift aid					3,267		3,267
Local Authority		Grant - Covid-19		relief	25,000		25,000
Sales of merchandise ft Tea bar					33,S93		33,693
Miscetaneous		income			4,357		4,357
					66,317		66,317

Other incomin	g reso	urces fr.ontrnved)
			Unrestricted	Restricted	Total Funds
			Funds	Funds	2019
				2
Gift aid			5,519	1,145	6,664
Local Authority	Grant	- Covid-19 relief
Sales of merchandise		&Tea bar	49,438		49,438
Miscellaneous	income		3,350		3,408
			58,307	1,203	59,510

Cost ofgenerating fun	ds
			Unrestricted	Restricted	Total Funds
			Funds	Funds	2020
			2	2	2
Staff costs			2,633		2,633
Fundraising event costs			307		307
Support costs —establishment		costs	1,642		1,642
Support costs - communications		and IT	210		210
Support costs - general	office		I05		105
Loan interest			300		300
General expenses			20		20
			5,217		5,217
			Unrestricted	Restricted	Total Funds
			Funds	Funds	2019
			2	9	2
Staff costs			2,205		2,205
Fundraising event costs				1,014	1,014
Support costs - establishment		costs	2,521		2,521
Support costs - communications		and IT	179		'!79
Support costs —general	office		126		126
Loan interest			254		254
General expenses			107		116
			5,392	1,023	6,415

Expend	iture an charitable activii	ies by fund type
		Unrestncted	Restricted	Total Funds
		Funds	Funds	2020
				2
Activity	type 1	228,891		228,891
Support	casts	30,586		30,586
		259,477		259,477
		Unrestricted	Restricted	Total Funds
		Funds	Funds	2019
			2
Activity	type 1	289,513	220	289,733
Support	casts	46,273		46,273
		335,786		336,006

Expend	iture	on charitable	activities by activity typ	e
			ActiviTies
			undertaken		Total funds	Total fund
			directly	Support costs	2020	2019
				2	2
Activity	type	1	228,891	30,586	259,477	336,006

		Raising	Charilable	Other
		Funds	Acfivities	Expenditure	Total	Total
		2	2	6	2
Suppon Costs
Premises costs		1,642	29,552	1,642	32,836	50,661
Communications	and IT	210	420	3,567	4,197	3,589
General office		105	614	1,383	2,102	2,519
		1,957	30,586	6,592	39,135	56,769

percentages:—
		Oi		Vo	oy
Premises costs			5	90	5
Communications	and IT		5	10	85
General office			5	29	66

							Unrestricted	TotalFunds	Unrestricted	Total Funds
							Funds	2020	Funds	2019
								2		2
	Staff costs						33,358	33,358	32,766	32,766
	British Gymnastics		membership			fees	29,274	29,274	29,820	29,820
	Insurance						2,165	2,165	5,930	5,930
	Support oosts - establishment				costs		1,642	1,642	2,520	2,520
	Support costs - communications					and IT	3,567	3,567	3,051	3,051
	Support costs- general office						1,383	1,383	1,845	1,845
	Accountancy	and	payroll charges				6,158	6,158	4,870	4,870
	Consultancy	fees					540	540	2,499	2,499
	Bank charges						2,725	2,725	2,662	2,662
	Loan interest						300	300	254	254
	Bad debts						437	437
	Depreciation						3,144	3,144	3,206	3,206
							84,693	84,693	89,423	89,423
11.	Net income
	Net income is stated after			charging/(crediting):
									2020	20I9
									2
	Depreciation	oftangible fixed assets
12.	Independent	examinafion		fees
	Fees payable	to the independent				examiner for:
									2020	2019
										2
	Independent	examination		of the		financial	statements		2,700	2,160
	Other financial seniices								3,458	2,710
									6,158	4,870

			2020	2019
			2
Wages and	salaries		195,796	243,934
Employers	national	insurance	9,0f3	5,311
Pension costs			2,660	2,442
			207,469	251,687

			Freehold	Fixtures and
			property	fitlings f	Equipmentf	Total f
	Cost
	At 1 September 2019		398,208	2,196	48,900	449,304
	Additions				16,275	16,275
	At 31August	2020	398,208	2,196	65,175	465,579
	Depreciation
	At 1 September 2019		2,666	765	11,911	t5,342
	Charge for the year		2,666	477	11,192	14,335
	At 31August	2020	5,332	1,242	23,103	29,677
	Carrying arltount
	At 31August	2020	392,876	954	42,072	435,902
	At 31 August	2019	395,542	1,431	36,989	433962
16.	Stocks
					2020 f	20l9 f
	Finished goods and goods for resale				3,927	3,726
17.	Debtors
					2020 f	2019 f
	Trade debtors				31,272	75,977
	Prepayments	and accrued income			516	2,092
					31,788	78,069

Creditors: amounts falling due within one year
	2020	2019
Bank loans and cverdraits	8,232	7,411
Trade creditors	1,468	5,656
Accruals and deferred income	59,760	147,452
Other creditors	21,440	21,177
	90,900	181,696

included in Other creditors is deferred income relating to fees
invoiced in advance for the Sept-Dec 2020 term
Creditors: amounts falling due after more than one year
	2020 f	2019
Bank loans and overdraits	128,960	'I37,335

Analysis of	charfilable	funds
Unrestricted	funds
		1 Sept 2019 f	income f	Expenditure f	Transfers f	31 Aug 2020 f
General funds		424,181	412,024	(349,387)	7,470	494,288
Bursary fund		784				784
		424,965	412,024	(349,387)	7,470	495,072
Restricted funds
		1 Sept 2019 f	Income f	Expenditure f	Transfers f	31 Aug 2020 f
Gymnastics	equipment	7,470			(7,470)
Fund Name		Description and		purpose offund

Analysis ofnet as	sets between funds
		Unrestncted	Restricted	TotalFunds
		Funds	Funds	2020 f
Tangible fixed assets		435,902		435,902
Current assets		279,031		279,031
Creditors less than	1 year	(219,661)		(219,861)
Net assets		495,072		495,072
		Unrestricted	Restricted	Total Funds
		Funds f	Funds f	2019 f
Tangible fixed assets		433,963		433,963
Current assets		3I0,033	7,470	317,503
Creditors less than	1 year	(319,031)		(319,031)
Net assets		424,965	7,470	432,435