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|||||Page|
|---|---|---|---|---|
|Trustees'
annual
report|||||
|Independent
examiner's
report to the trustees|||||
|Statement
offinancial|activities|(including|income and||
|expenditure
account)|||||
|Statement
offinancial|position||||
|Notes to the financial statements|||||
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|Reference|and administrative|and administrative|and administrative|and administrative|details|||||
|---|---|---|---|---|---|---|---|---|---|
|Registered||charity|name||SQUTHPORT GYMNASTICS CLUB C.I.O.|||||
|Charity registration|||number||1163781|||||
|Company|registration|||number|CE004808|||||
|Principal office and|||registered||55a Segars Lane|||||
|office|||||Ainsd ale|||||
||||||Southport|||||
||||||Merseyside|||||
||||||PR8 3JA|||||
||||||England|||||
|The trustees||||||||||
||||||Mr. Matthew
Dodd|||||
||||||Ms. Louise|Fisher||||
||||||Ms. Angela|Christian|- Pye|||
||||||IVls. Karen|Lawson||||
||||||Mrs. Karen|Allen||||
||||||Mrs. Sarah|Johnson||||
||||||Mr. Paul Holi|||||
||||||Ms. Justine|Sims||(Resigned|2 November 2021)|
||||||Mr. James|Long||(Appointed|26 June 2022)|
||||||Mr. Peter Kearon|||(Appointed|26 June 2022)|
||||||Mr. Manuel|Castineira|Taboeile|(Appointed|26 June 2022)|
||||||Mr. Collin Griffiths|||(Appointed|26 June 2022)|
|Independent||examiner|||Chris Sales|||||
||||||Suite 205-209|||||
||||||The Malthouse
Business Centre|||||
||||||Southport|Road||||
||||||Ormskirk|||||
||||||Lancashire|||||
||||||L39 1QR|||||
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|||||2022|2022|2021|
|---|---|---|---|---|---|---|
|||||Unrestricted|||
|||||funds|Total funds|Total funds|
||||Note|E|||
|income and endowments|||||||
|Donations
and legacies|||4|370,039|370,039|190,827|
|Other incoming
resources|||5|23,412|23,412|37,296|
|Total income||||393,451|393,451|228,123|
|Expenditure|||||||
|Expenditure
on raising funds:|||||||
|Cost ofgenerating|funds||6|10,622|10,622|3,682|
|Expenditure
on charitable||activities|7,8|263,3'I 9|263,319|170,635|
|Other expenditure|||10|67,656|67,656|60,209|
|Total expenditure||||341,597|341,597|234,526|
|Net income/(expenditure)||and net movement|in funds|51,854|51,854|(6,403)|
|Reconciliation
offunds|||||||
|Total funds brought
forward||||488,669|488,669|495,072|
|Total funds carried forward||||540,523|540,523|488,669|
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|31 August|202|2||||||
|---|---|---|---|---|---|---|---|
|||||||2022|2021|
||||||Note||E|
|Fixed assets||||||||
|Tangible fixed assets|||||16|411,633|422,400|
|Current assets||||||||
|Stocks|||||16|12,555|3,588|
|Debtors|||||17|62,235|44,932|
|Cash at bank|and|in|hand|||320,621|271,774|
|||||||395,411|320,294|
|Creditors: amounts|||falling|due within one year|18|153,309|132,526|
|Net current|assets|||||242,102|187,768|
|Total assets|less|current||liabilities||653,735|610,168|
|Creditors: amounts|||falling|due after more than one year|19|113,212|121,499|
|Net assets||||||540,523|488,669|
|Funds ofthe charity||||||||
|Unrestricted|funds|||||540,523|488,669|
|Total charity|funds||||20|540,523|488,669|
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|Depreciation||is calculated|so as to write
off the cost or valuation
of|an asset, less its residual|
|---|---|---|---|---|
|value, over|the useful economic life ofthat asset as follows:||||
|Freehold
property|||installations
oniy - straight
line basis, over 15years,||
||||Land 8 buildings
-no depreciation|has been provided|
||||on the building
on the basis that|its residual value|
||||remains
in excess of its carrying|value.|
|Office fixtures,||fittings|||
|and equipment|||33%reducing
balance basis||
|Gymnastics|equipment||25% reducing
balance basis||
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|||Unrestricted|Total Funds|Unrestricted|Total Funds|
|---|---|---|---|---|---|
|||Funds|2022|Funds|2021|
|||E|||E|
|Donations||||||
|Donations||265|265|10,929|10,929|
|Fundraising|activities|4,817|4,817|274|274|
|Subscription
Membership|s
and other fees|364,957|364,957|179,624|179,624|
|||370,039|370,039|190,827|190,827|
|Other incomin|g reso|urces|||||
|---|---|---|---|---|---|---|
||||Unrestricted|Totai Funds|Unrestricted|Total Funds|
||||Funds|2022|Funds|2021|
||||E||E||
|Gift aid|||3,121|3,121|||
|Local Authority|Grant|- Covid-19 relief|||26,143|26,143|
|Sales ofmerchandise||8 Tea bar|20,192|20,192|7,731|7,731|
|Miscellaneous|income||99|99|3,422|3,422|
||||23,412|23,412|37,296|37,296|
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|||||Unrestricted|Restricted|Total Funds|
|---|---|---|---|---|---|---|
|||||Funds|Funds|2022|
|||||E||K|
|Staff costs||||7,808||7,808|
|Fundraising|event costs|||486||486|
|Support costs - establishment|||costs|1,704||1,704|
|Support costs - communications|||and IT|223||223|
|Support costs - general||office||94||94|
|Loan interest||||269||269|
|General expenses||||38||38|
|||||10,622||10,622|
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|Expenditure|on charitab/e
activ|ities
by fund type||||
|---|---|---|---|---|---|
|||Unrestricted|Total Funds|Unrestricted|Total Funds|
|||Funds|2022|Funds|2021|
|||F|K|F|E|
|Gymnastics|club activities|231,870|231,870|151,251|151,251|
|Support costs||31,449|31,449|19,384|19,384|
|||263,319|263,319|170,635|170,635|
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|Expenditure|on|charitabie activi|ties
by activity type|||||
|---|---|---|---|---|---|---|---|
||||Activities|||||
||||undertaken|||Total funds|Total fund|
||||directly|Support|costs|2022|2021|
|||||||E||
|Gymnastics|club|activities|231,870||31,449|263,319|170,635|
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|Analysis ofsup|port costs||||||
|---|---|---|---|---|---|---|
|||Raising|Charitable|Other|Total Funds|Total Funds|
|||Funds|Activities|Expenditure|2022|2021|
|Support Costs|||||||
|Premises costs||1,704|30,671|1,704|34,079|20,939|
|Communications|and IT|223|447|3,799|4,469|3,640|
|General office||94|331|1,446|1,871|844|
|||2,021|31,449|6,949|40,419|25,423|
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|Other expen|d|iture||||||||
|---|---|---|---|---|---|---|---|---|---|
|||||||Unrestricted|Total Funds|Unrestricted|Total Funds|
|||||||Funds|2022|Funds|2021|
|||||||E|||E|
|Staff costs||||||43,281|43,281|34,355|34,355|
|British Gymnastics|||membership||fees|1,757|1,?57|1,426|1,426|
|insurance||||||6,974|6,974|5,142|5,142|
|Support costs||- establishment|||costs|1,704|1,704|1,047|1,047|
|Support costs||- communications|||and IT|3,799|3,799|3,094|3,094|
|Support costs||- general||office||"l,446|1,446|627|627|
|Accountancy||and|payroll|charges||3,836|3,836|5,500|5,500|
|Consultancy|fees|||||||4,290|4,290|
|Bank charges||||||1,383|1,383|1,382|1,382|
|Loan interest||||||269|269|257|257|
|Bad debts||||||329|329|105|105|
|Depreciation||||||2,878|2,878|2,984|2,984|
|||||||67,656|67,656|60,209|60,209|
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|2022|2021|
|---|---|
|10,767|13,502|
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|independent||examination
fees|examination
fees||||
|---|---|---|---|---|---|---|
|Fees payable||to the independent||examiner for:|||
||||||2022|2021|
|||||||F|
|Independent|examination||ofthe|financial statements|3,000|2,400|
|Other financial||services|||836|3,100|
||||||3,836|5,500|
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|Staff costs|Staff costs|||||
|---|---|---|---|---|---|
|The total staff costs||and employee|benefits for the reporting|period are analysed as|follows:-|
|||||2022|2021|
|Wages and|salaries|||228,117|203,747|
|Employers|national|insurance||5,547|8,034|
|Pension costs||||2,944|2,654|
|Coronavirus|JRS grants||||(53,747)|
|||||236,608|160,688|
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|Tangible fixed assets|||||
|---|---|---|---|---|
||Freehold|Fixtures and|||
||property|fittings|Equipment|Total|
|Cost|||||
|At 1 September
2021 and
31 August 2022|398,208|2,196|65,175|465,579|
|Depreciation
At 1 September 2021|7,998|1,560|33,621|43,179|
|Charge for the year|2,666|212|7,889|10,767|
|At 31August 2022|10,664|1,772|41,510|53,946|
|Carrying
amount
At 31 August 2022|387,544|424|23,665|411,633|
|At 31 August 2021|390,21 0|636|31,554|422,400|
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|16.|Stocks||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||||2022|2021|
||||||||||||E||
||Finished|goods and goods for resale|||||||||12,555|3,588|
|17.|Debtors||||||||||||
||||||||||||2022|2021|
|||||||||||||K|
||Trade debtors||||||||||61,068|44,500|
||Prepayments||and accrued income||||||||1,167|432|
||||||||||||62,235|44,932|
|18.|Creditors: amounts|||falling||due within||one year|||||
||||||||||||2022|2021|
||||||||||||F||
||Bank loans||||||||||7,646|7,597|
||Trade creditors||||||||||559|2,174|
||Accruals|and|deferred||income||||||121,990|107,607|
||Social security||and other taxes||||||||4,646|2,067|
||Other creditors||||||||||18,468|13,081|
||||||||||||153,309|132,526|
||Included|in above creditors||||is deferred||income relating||to fees|||
||invoiced|in advance for the||||Sept-Dec 2022|||term||117,850|104,455|
|19.|Creditors: amounts|||falling due|||after|more than one||year|||
||||||||||||2022|2021|
|||||||||||||E|
||Bank loans||||||||||113,212|121,499|
|20.|Analysis|ofcharitable|||funds||||||||
||||||1 Sep 2021||||Income|Expenditure|Transfers|31 Aug 22|
||General|funds||||(487,885)|||(393,45'I)|341,597||(539,739)|
||Bursary|fund|||||{784)|||||(784)|
|||||||(488,669)|||(393,451)|341,597||(540,523)|
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|Analysis of net as|sets between funds|||
|---|---|---|---|
|||Unrestricted|Total Funds|
|||Funds|2022|
|Tangible fixed assets||411,633|411,633|
|Current assets||395,412|395,412|
|Creditors less than|1 year|(266,522)|(266,522)|
|Net assets||540,523|540,523|
|||Unrestricted|Total Funds|
|||Funds|2021|
|||E||
|Tangible fixed assets||422,400|422,400|
|Current assets||320,294|320,294|
|Creditors less than|1 year|(254,025)|(254,025)|
|Net assets||488,669|488,669|