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2021-08-31-accounts

Page
Trustees'
annual
report
independent
examiner's
report to the trustees
Statement offinancial activities (tndudtng income and
expenditure
account)
Statement offinancial position
Notes to the financial statements

Registered charity name name SOUTHPORT GYMNASTtCS CLUB C.I.O. SOUTHPORT GYMNASTtCS CLUB C.I.O. SOUTHPORT GYMNASTtCS CLUB C.I.O. SOUTHPORT GYMNASTtCS CLUB C.I.O.
Charity registration number 1163781
Company registration number CE004808
Principal office and tsglsteml 55aSegars Lane
ofgce Ainsdale
Southport
Mereeyslde
PRS3JA
England
The trustees
Mr. Matthew
Dodd
Ms. Louise Fisher
Ms. Angela Christian —Pye
Ms. Karen Lawson
Ms Karen Allen
Ms. Sarah Johnson
Mr. Paul Roll
Ms. Justlne Sims (Resigned 2November 2021)
Independent examiner Chris Salsa
Suite 205-209
The fvlalthouse Business Centre
Southport Road
Ormsklrk
Lancashire
L391QR

2021 2021 2020
Unrestricted
funds Total funds Total funds
Note 6 6
Income and endowments
Donations
and legacies
4 190,827 190.827 345,704
Other incoming resources 5 37,296 37,296 66,318
Tourt income 228,123 228,123 412,022
Expenditure
Expenditure
on raising funds;
Cost of generating funds 6 3,682 3,682 5,217
Expenditure
on charitable
activities 7,8 170,635 170,635 259,474
Other expenditure 10 60,209 60,209 84,693
Total expenditure 234,528 234,526 349,384
Nst (expenditure)/income and nst movement in funds (6,403) (6,403) 62,638
fteconcillatlon
offunds
Total funds brought forward 495,072 495,072 432,435
Total funds carried forward 488,669 488,669 495,072

Nots 2021 2020
f
Fixed assets
Tangible fixed assets 15 422.400 435,902
Cunent assets
Rocks 16 3,588 3,927
Debtors 17 44,932 31,788
Cash at bank and in hand 271,774 243,315
320.294 279,030
Creditors: amounts fatling due within one year 18 132,526 90,900
Net current assets 187,768 188,130
Tidal assets less current liabilities 610,168 624,032
Creditors: amounts falling due after more than one year 19 121,499 128,960
Net assets 486,669 495,072
Funds ofthe charily
Unreshicted funds 488,669 495,071
Total charity funds 20 488,669 495,071

Unrestricted Total Funds Unrestricted Tobd Funds
Funds 2021 Funds 2020
E 5
Donations
Donations 10,929 10,929 8,406 8,407
Fundraising acfivtfies 274 274 12,700 12,700
Subscriptions
Membership and other fees 179,624 179,624 324,597 324,597
190,827 'f90,827 345,703 345,704
5. Other incoming resources
Unrestricted TotaIFunds Unrestricted Total Funds
Funds 2021 Funds 2020
5 5
Gift aid
Local Authority
Grant - Covid-19relief 26,143 26,143 3,257
25,000
3,267
25.000
Sales of merchandise
&Tea bar
7,731 7,731 33,693 33,693
Miscellaneous income 3,422 3,422 4.358 4.358
37,296 37,296 66,318 66,318

Unrestricted Restricted Total Funds
Funds
F
Funds
K
2021
f
Raff costs 2,134 2,134
Support casts —caleb iishment costs 1,047 1,047
Support costs - communications
Support~- general office
and IT 182
42
182
42
Loan interest 257 257
General expenses 20 20
3,682

Expenditure on charitable
acthr
lties
by fund type
Unrestricted Total Funds Unresbicted Total Funds
Funds 2021 Funds 2020
6 r. 8
Gymnastics
club activities
Support costs
151,251
19,384
151,251
19,384
228,890
30,584
228,890
30,584
170,635 170,635 259,474 259,474

activity typ e
Activities
undertaken Total funds Total fund
directly Support costs 2021 2020
6 8 6 8
151,251 19.384 170,635 259,474

Analysis ofsup p ort costs
Raising Charitable Other Total Funds Total Funds
Funds Actions Expenditure 2021 2020
6 8 5 6 E
Support Costs
Premises costs 1,047 18,846 1,047 20,939 32,835
Communications and IT 182 3,094 3,640 4,196
General oflice 42 174 627 844 2,103
1,27'I 19,384 4,768 25,423 39,134
Support
coals
are apportioned across the three expenditure categories
in
the following
percentages:-
'/
Premises costs 5 90 5
Communications and IT 5 10 85
General of%ca 5 21 74
Other expenditure
Unrestricted TotalFunds Unresbtchd Total Funds
Funds 2021 Funds 2020
5 E
Staffcosts 34.355 34.355 33,358 33,358
British Gymnastics membership fess 1,426 1,426 29,274 29,274
Insurance 5,142 5.142 2,165 2,165
Support costs - establishment costs 1,047 1,047 1,642 1,642
Support costs - communications and IT 3,094 3,094 3,567 3,567
Support costs - general office 627 627 1,383 1,383
Accountancy
and
payroll charges 5,500 5,500 6,158 6,158
Consultancy fees 4,290 4,290 540 540
Bank charges 'l,382 1,382 2,725 2,725
Loan interest 257 257 300
Bad debts 105 105 437
Depreciation 2,984 2,984 3,144 3,144
60,209 60,209 84,693

2021
E
2020
f
13,502 14,335

2021 2020
5 E
independent examination ofthe financial statements 2,400 2,700
Other financial services 3,100 3,458
6,158

Staff costs
The total staff costs and employee benefits for the reporting period are analysed as follows:-
2021
f
2020
Wages and salaries 203,747 259,257
Employers
national
insurance 8,034 9,013
Pension costs
Coronavirus JftS grants
2,654
(53,747)
3,075
(63,876)
160,688 207,469

Tangible fixed assets
Freehold Fixtures and
property fittings
f
Equipment Total
Cost
At 1September 2020 and
31August 2021 398,208 2,196 65,175 465,579
Depreciation
At 1 September 2020 5,332 1,242 23,103 29,677
Charge for the year 2,666 318 10,518 13,502
At 31 August 2021 7,998 1,560 33,621 43,179
Carrying
amount
At 31 August 2021 390,210 636 31,554 422,400
At 31August 2020 392,876 954 42.072 435,902

16. Docks
2021 2020
K K
Finished gauds and goods for resale 3,586 3,927
17. Debtors
2021 2020
K K
Trade debtors 44,500 31,272
Prepayments
and accrued income
432 516
31,788
18 Creditors: amounts falling due within one year
2021
K
2020
f
Bank loans and overdrafls 7,597 8,232
Trade creditors 2,174 1,468
Accruals and deferred income 107,607 59,760
Other creditors 15,148 21,440
132,526 90,900
Included
in Other creditors
is deferred
income reLsting tofees
invoiced
in advance forthe Sept-Dec 2021 term
104,455 52,936
19. Creditors: amounts falling due aaer mors than one year
2021
K
2020
f
Bank loans snd overdrsfts 121,499 128,960
1 Sep 2020 Income Expenditure Transfers 31 Aug 2021
K K K
General funds (494,288) (228,123) 234,526 (487,885)
Bursary fund (784) (784)
(495,072) (228,123) 234,526 (488,669)

Analysis ofnet assets between funds
Unrestricted Total Funds
Funds 2021
8
Tangible fixed assets 422,400 422,400
Current assets 320,294 320,294
Creditors less than 1year (254,025) (254,025)
Net assets 488,669 488,669
Unrestricted Total Funds
Funds 2020
8 F
Tangible fixed assets 435,902 435.902
Current assets 279,031 279,031
Creditors less than 1year (219,861) (219,861)
Net assets 495,072 495,072