COMPANY REGISTRATION NUMBER: CE004808
CHARrrY REGISTRATION NUMBER: 1163781
SOUTHPORT GYMNASTICS CLUB C.I.O.
Charitable Incorporated Organisation
Unaudited Financial Statements
31 August 2024
Accountants
Suite 201-204 Malthouse Business Park
48 Southport Road
Ormskirk
Lancashire
L39 1QR

SOUTHPORT GYMNASTICS CLUB C.I.O.
Charltable Incorporated Organlsallon
Flnanclal Statements
Year ended 31 August 2024
Pago
Trust88s' annual report
Independent examinerfs report to the trustees
Statement of financial activithes {Induding income and
expenditure account)
Statement of financial position
Notes to the financial statements
10
The followlng pages do not fomi part of th• financlal statements
Detalled statement of financ581 activltles
20

SOUTHPORT GYMNASTICS CLUB C.I.O.
Charitable Incorporated Organisation
Trustses. Annual Report
Year ended 31 August 2024
The Iwstees, are also the directors for the wrposes of company18w. present their retKJrt and the
unaudiled financi81 siatements of the charity for the year eNJed 31 August 2024.
Ref8rnnc• and adm1nistrnt1￿ dotails
Reglstsrnd charity nam•
SOUTHPORT GYMNAsncs CLUB C.I.O.
Char5ty Tegistrntion number
1163781
Company reglstrallon number CE004808
Prlnclpal offlce and regi%tsr•d 558 Segars Lane
offic•
Alnsdale
Southport
Merseyslde
PR8 3JA
ErwJland
Th• Iru•l•es
Mr. Matthew Dothl
Ms. LtsJise Fisher
Ms. Angela Christian - Pyo
Ms. K8ren L8wson
Mts. Karen Allen
Mrs. Sarah Johnson
Mr. Paul Holl
Mr. Jarnes Long
Mr. Peter Kearon
Mr. Manuel Caslinelra TgLM)elle
Mr. Collln Griffilhs
Mr. Joshua Chamiion
(Re￿n￿ 23 June 2024>
(Res￿Jned 25 September 2023)
Independent •xamln•r
Nigel Rees
Sulle 201-204 Malthouse Bugness Park
48 Southwrt Road
Omskifk
Lancashlre
L39 1QR

SOUTHPORT GYMNASTICS CLUB C.I.O.
Charitable Incorporated Organisation
Trustees, Annual Report
Year ended 31 August 2024
structuro. governan￿ and managwnont
The Charity is 8 Charitsblo IrhcoryKTrted Organis*h)n and ￿ wverrnd by tho tom)s of its Constitution
and MemorarKSum & Articlos of Association. Th8 Charity was set up by a group of gyThnasts' parents in
2015 to formalise the Parents Support Group ￿￿)se role was lo fundrai88 and support events held at
the gyinnastlcs club based at Segats Lane in Alnsdale. The Charity acqulred the gymnastics buslness
a8 a golng concern and look over the Miershlp and management of the Gwnnasdcs club as of 18t
Sèptember 2016. Trustees are recnjited. appointed. and removed from office follovlng the process as
sel out In the CIO The Charltys tr￿lee$ vKffk on o vcduntary basis for no pay or
r•muneratiOn.
Tho dacislon4naklng prcw..
The trustees attend regular Committee Meellng8, twld as r￿¢68s8ry. to det8miln6 and Impl¢m¢nt th$
8traleglc direction and policy of tho Charity.
Rlsk Management..
The iruslees have examln&J the ma￿￿ straleglc. busln858. aTrJ operalon81 dsks. ￿lCh the Charfty
faces and ¢onfirm that $y*om$ have been esfthh￿ to ensure that r￿CeSSary Steps can be tskèn to
manage thos6 Tisks.
ObJoctlv•s and actlvlths
The Charty8 thAecllves188 set oul kn Its Memorandum and Ardcles of A880daticffi) are..
1. To provlde (Y as8181 kn the prov1s1￿ kn the Interests of social welfare for the tr￿nefIt ol Inhabitants of
Sefton and the surrwndlng are8 by the provision of fBcllit198 ￿ p￿iCal recr8alion whh special
gmpha$i$ Ibul not timi18d to in any way) on g￿nastiC5 and cheede8ding and to include other leisur
tlm¢ oGGupalion, 9$ may trom time to lime be conspJ8red to b8 in the inter8sts of peoplè of all age8
and abllity and in particular >￿Ung peop￿, thè L￿)ie¢￿Ve of improving their health 8nd w8llb6ing and
Ihoir conditlons of Iir6.
2. Tho pr¢)motion of community partiapat￿ rn hedthy recreation for the benefit of Inhabltants of
Sefton and the surroundir¥J area by ts provis•)n ol facilities for PBrticipation in g￿naSticS and
assocbated activrtth.

SOUTHPORT GYMNASTICS CLUB C.I.O.
Charitable Incorporatsd Organisation
Trnstees, Annual Report (¢tyMèw•(fj
Year ended 31 August 2024
Achi•v•m•nts and ￿rfOrnIanCQ
Southport Gymnastlcs Club has continued to evolve and slrengthen tis prcrfjramme stfucture
Ihroughout the ye8r. With class 0(￿pancY co￿stentIY over 97% a￿1 a growing waiting list {currenlly
at 6001 demand for our servlces remains high. Feedback from members and families has been
overwhelmitYJIy FX)sftlve. reaffiming that our rnc>lel ￿ not only susiainable bul also provides our
gymnasts wllh the best r*)ssifie experience.
Over thg ¢outso of the year. h8ve vntcomed more than 1,150 recreational gymnasts each week,
along5Kle over 100 gymnasts In our comretition 9]uads. Our tumbling classes remain p8rtlcularfy
popular. and we are ac*ively exploring ways to expaThJ these sossons in response to demand.
The Club has made several Important operatlonal charKJes lo enhan¢e safeguarding. Access lo the
gym area is now controlled by fobs. restrictlng entry lo only those authorised. Additional safely
procedures have been implemented, Indudlw a rol￿51 o&lon plan In the event of a major Incldent,
whlch all staff are fully bdefed on.
We contlnue to embed th8 RISE Programme from Brttlsh Gymnastl¢s Into ¢)ur dally actlvltles. Thls
Inltialive encouraoes oymnasts lo Discover. Ewore 8ThJ Excel, and has been Ihoughlfully adapted by
our programme leads to maximise eTr3agement and developmenl. Gymnasts are rewarded with
¢ertifieAtes and medals throughout the year, ensuriNJ an inclusive arKI encouraging envlronment for
During tho E8sler and summer holklays. r8n gymna#lLS carnp5 open to tyjth rn8mb8Tr and non
members. These were highly 5UC¢eS5ful, with over 150 ¢hildren attendiThJ each week. Camps not only
provided a fun and acilve holbjay optlon tArt aL80 SUPPOrted families with a rellable and affordable
chlldcare solution.
We hosted several welkattended dub compet￿lOns. wlth over 380 gymnasts partldpating In Awll
across four apparatus, arKI over 350 In July on two. The events were mel wllh excellent feedback
from both p8rti¢ipants 8nd parents. Plannlng for our annual Chrislmas Display Celebration beoan in
August. and thls year we featured over 700 gymnasts, welcoming more than 1.500 spectators across
the weekend. Our competilion squad gymnasts. who train over 15.5 houts a week, have proudly
represented the Club at a variety of regional and natlonal events, includlng the Brltish
Ch8mplonshlFts, English Ch8myonshirffj. and multiple Northwest competitions. Thls year, we
celebrated numerous successes. Ir)cludiro alkaround Northwest champions and ir￿1VIdUal apparatus
tleholders.
Fundralsing ¢ontlnues to be a ¥tt81 part of our develoFffleni, and we extend our heartfelt thanks to
everyone who contributed. Recent furKls have enabled us to purchase new pafallel bars. soft play
equipment. and mattlng under beams. ensurlng our farilities rernain safe arKI of the h*ghesl quality.
Looklng ahead, we are raisirwJ fund5 for additional equipment and have b8gun Wofking wrth archltecls
aTrJ Gymnova on plans to redeson the Pa￿nI waitirwJ area aTrJ upJrade intemal gym Spaces.
Our inclusivity programme has exparKlgJ stgnific8ntly. We have partnetBd wlth local schools
supporting chlklren whh additlonal needs. currenlly h05ting four Sessions a week across three
schools. These se&sions a￿ led by fully qualified coaches and offer students a chance to engage with
gymnastics in a safe and 8dapted setting. For children Nuiring extra support in regular classes, we
provide additional coaching assistance whefe needed. The Club funds these provisions, reaffirming
our Comm￿ent to creatlng an Induslve envlronment for all ¢hildren. regardless of ability.

SOUTHPORT GYMNASTICS CLUB C.I.O.
Charitablo Incorporated Organisation
Trustees. Annual Reportl¢onrfA
Year ended 31 August 2024
Flnanclal rwitiw
During the s*ar to 31st Awu8t 2024 th8 Charity gon8rat￿ funds tolallthg £85,118. Tho cumulalfve
)$lli¢)n bdances carrled f(wward frrxn F￿U¥ Jpars total￿ unr8strktsd funds of £680,470.
The trustees have elected lo maintain the desbgnat6on of certain funds for the Pufpose of bursades.
These funds are to be usèd to subsidose fees fLV qual￿ry gymnasts. I￿1$y￿a to ensure that the fadllty
Is available to all In the o)mrnunity.
Don8￿n$ and lundralslrKJ aL#lv6tles In the totslkd £22.397 Is a f8nta8dc achl8v8ment, and
we 8re incredibly grateful to ￿1 the (k)r￿ and frjndraiser. We also recelved a furthor £3,025 vla Glft
Ald. so thank you to all Ihat have comrAeled a Gift Aid fomi.
Sales of mercharKlise & Tea Bar were excelknt thls >*ar tolal¥TrJ £48.730. W0￿1ng anoth8r valuable
Income stream for tha elub.
The ¢S)nalion$ fundralskng aM￿ntS raL8ed have 011 be￿ ac￿mU1atod and used to purchase rnany
items ol gymnastic equlpmenL We are very grateful lo ever￿ for 811 the fundralsiry efforts as the
amounts raised ensurg thot have a super facAUty for all the gymnasts to enjoy.
Pl•n• for p•rlod•
Looking ahead, SoulhFKYt GyTnna$tics Club r8m*n8 fo￿Sed on continuous improvement aGr0s8 all
areas of the organl$8tion. A key priority is the rying r8r*wal and upgrading of 8quipmonl. EnSu￿ng
OUT faclitiès remain m(￿eM, safe. and high quality will beneffl 8vary gymnast, SuppO￿ng both
perforrnanco ar￿ safety. We are committed to investing in equipment that enhanc88 the training
experience for 811 levels. frcth beginnors to our most advanced 8thlete8. We also plan lo expand our
compethNe squad8. gi￿ng m(Ke chddren the OFrthunty to trani al a hlgher level and experience thg
excitement ChaI￿nge rrf comp8titive gynnastics. This wll b8 8UPPOrted ty a continued focus on
coach dovelopmen( ensuring all staff malnt8in upt041atg q{￿lIrIcati¢?n$ and engag8 in re9ular
professlonal development to defver the best posslue training environment. Our IrKhJ8lvlty programme
wil continue to orow, vith efforts to ￿￿￿¢1 vhlh more lo¢d schchjls Ihat support children wtth
dIt￿nal n8ed8. We 81m lo provkl8 av8n more ￿Ung reoth with th8 chan(* to expertence
gymnastics in a way that Lg fvn. 8CCeSSit4e. and talh)￿d to thdr ablfflles. The Club also Intend5 to
Increase the number arKI ¥￿Ie of èvents and displays, gI￿ng gyTnna$ts mora opportunities to pèrform
and ¢818brat8 their progTess. These events foster confidence and team spirit, and we are excited lo
welwme even rnore families and communlty memb8ts to share in these special ocusK)ns. In addition,
we plan to host rrioTe c(xnmunity-focused evenls. further strengthening the Club's fo￿ as 8 hub wthin
the local area. These events WIN aim lo bulkj c￿neCtions, raise awarene85 of our woth, and bring
people lo￿ther in ¢dobr8tion of our shared h)ve for Ihe 5Pf

SOUTHPORT GYMNASTICS CLUB C.I.O.
Charftable Incorporatsd Organisation
Trustees. Annual Report{eothN•d)
Year onded 31 August 2024
Small ¢¢mpany wovl$lo
This report ha8 been prepared *ilh tho provbkY18 appl￿* lo rxMnp8nles entitled to
the small comp8nles exemplkn.
The trustees, annual report was approved on Is /9?./.£02S.. and Sig￿ on behalf of the board of
trustee8 by.
Otth8w Dodd
7fU8tse

SOUTHPORT GYMNASTICS CLUB C.I.O.
Charitable Incorporated Organisatlon
Independent Examinerfs Report to the Trustees of SOUTHPORT GYMNASTICS
CLUB C.I.O.
Year ended 31 August 2024
I report to the trustees on my examination of the finandal slatements of SOUTHPORT
GYMNASTICS CLUB C.l.O. Clhe ch8kity) for Ihe year eThJed 31 Augusl 2024.
Responsibilities and basis of rnport
As Ihe trustees of the company (and also tts dlrecacKs for the purpjses of company law) you are
responsible for the preparation of the finandal statements in acuJrfan¢e with the requlrements of the
Companies Aca 2006 Ohe 201￿ Acl).
Havlng satlsfled myself that the accounts of th8 company are not requlred to be audlted under Part
16 of the 2006 A¢X and are eligible for IndePe￿Ient examinallon. I report in re¥￿￿ of my examination
of the charity'5 4c¢ounts as carried out uTrJer section 145 of the Charities ALa 2011 (Ihe 2011 Act). In
carrying out my examination I have followed ttte Dlrectlons glven by the Charity Commission under
section 145(5)(b) of the 2011 A(1.
Independont •xamlno¢$ stat•Mnt
Slnce the ch8rlty's gros5 Income exceeded £250.000 your examlner must bè a member of a body
listed in sectlon 145 of the 2011 Ad. l ¢onfim that l am qualified lo undertake the examination
b8cause l am a m•mber of the Institute of Chartered Accountants in EnglaNJ and Wales (ICAEW),
whlch Is one of the Ilsted kN>Jles.
I have ¢ompleled my examlnatlon. I confim that no matters have coffle to my attontlon In connectlon
wlth the examlnatlon glvlng me cause lo b8llwe'.
8c¢ountlrvJ records not kept In re$￿t of the chartty as requited by sectlon 388 of the
2006 AL*; or
the Ilnanci81 st8tements do V•ilh those records; or
Ihe finandal stalements do n¢A ¢omrAy with the 8ccountln9 requlremenls of section 398 of
the 2006 Acl other than any ￿]u1￿ment that Ihe accounts give a Irue and f81rf view whlch
Is not 8 matter cortsidered as part of an iThlepeThJent examlnallon., or
the financial statemenls have not been wep1￿￿ in a¢cofd8n¢e wilh the methots and
inclples of the Statement of RecAJmmended Pracllce for accounlino and ￿porting by
¢harllles applic8tAe to charities weparing their a¢counls in 8ccordance wllh the Flnanclal
Reporting Standard atWic8ble in the UK and Rewbllc of IrelaTrJ IFRS 102).

SOUTHPORT GYMNASTICS CLUB C.I.O.
Charitable Incorporated Organisation
Independent Examinerfs Report to the Tnffjtees of SOUTHPORT GYMNASTICS
CLUB C.I.O. (e
Year ended 31 August 2024
I have no cx)n¢ems aThJ have come across no other matters in wnnec*ion wtth the examln8tlon to
whlch attention should be drawn in thls feport In order to enable a proper understandiTrJ of the
accounts to te reached.
>s
Nigel Rees
Inde￿ndent Examinér
Sulte 201-204 Matthouse Bustness Pa
48 Southport Road
Ormskirk
Lonc8shlre
L39 IQR

SOUTHPORT GYMNASTICS CLUB C.I.O.
Charltable Incorporated Organisation
Statement of Financial Actlvities
{Including incoma and oxpenditure account)
Year ended 31 August 2024
2024
Unrestricted
funds Total fund¥ Total funds
2023
Income and endovffl*nts
Donations and legac￿$
Other in¢omlng resour￿$
Investment income
515,091
51,755
8.147
515,091
51.755
8.147
453,279
49,639
2.573
Total Income
574,993
574.993
505,491
Exp•ndttur•
Expendrture on raising fund$=
Cost of generating funds
Expenditure on ch8ritabl8 actlvltlè8
Othèr expenditure
Total •wndlturn
14.930
392.036
82.909
14.930
392,036
82.909
489.875
16.132
352.741
81,789
489,875
450.662
N•t lftcom• and n•t movem•nt In fvnds
85,118
85,118
54,829
RqconGlll•tlon of fund•
TotBI funds brought foThYard
Tot41 fvnd• uyrled foNM
$40,523
595,352
680,470
680,470
The 8latement of ftn8ncid actith Indud88 all galns and k*ses recogn18ed In the year.
All Inoyne and exP￿ditUTe derive Irc￿ conliNiro activitie8.
The n¢Aes on Pa￿ 10 10 18 fonn port of Ih#sè fmn¢t•l slai•m•nts.

SOUTHPORT GYMNASTICS CLUB C.I.O.
Charitable Incorporated Organisation
Statement of Financial Position
31 August 2024
2024
2023
Flx•d a$89ts
Tanglbie fixed as88ts
463249
428,￿1
Current ass•l•
Sto¢k$
Debtors
C88h at bank and In hand
17
7.3S1
91.403
325,843
424,597
2,349
66,641
278,533
347.523
Cr•dltors: amounts falllng du• wlthln on• y
Net curront assets
19
207,378
217.221
860.470
178,432
169.091
595,352
595.352
Total ui•ts less tyJrr•nt Il•bllltl••
N•t as8•ts
680.470
Funds of th• ¢harfty
Unrestrlcied funds
680.470
680,470
595.352
595,352
Totsl ¢hATltyfvnd•
For the yeor en¢thng 31 August 2024 thg ¢*¥dty w•$ to •xwnpthx from atKIII un¢Jgr s8ctl)n 477
of th& Compan1￿ Act 2006 r81atlng lo Sm￿1 cx)mp8nie8.
Dlrectorts, fe8p)n81bMIiI88'.
The member8 have not requlred Ihg c(Wn￿Y to 1*4aln An audtt of It# finanelal 8tatem8nts for th6
r In qLwdon In accoTdwTh #edon 478:
The dIr￿torS acknow* thelr respOns￿lI1b￿ for compwg the requlrem8nts of the Act
th r•gpect to aC￿nI￿￿ receAd$ and th& pryrth offinanclal statomonts.
These finan¢l81 st8lom•nts have been prnpared kn accoYdarKe wth Ihe provolon$ apF4k•bl• to
¢ompanle8 SUt4ect to the sm811 cwipanies, rwme.
These flnènd81 statements vrtre apyoved by tho Lwd of tr￿$ and 8ulh¢ylsed ftr Issue on
*%/.W*..., and are on b¢haif ofts t¥)ard ty.
Mr. Matthew t)odd
Tnjstee

SOUTHPORT GYMNASTICS CLUB C.I.O.
Charltable Incorporated Organisalion
Notes to the Financial Statements
Year ended 31 August 2024
Ggnaral Information
The charity is a pUt￿lC benefit entity and a prlvale company limited by guarantee. registered in
England and Wales and a registèrèd eharity in England and Wa￿s. The *tdr8ss of th& règistered
Offi￿ is 5Sa Sagars Lan8, Alr￿d918, SoLrthport. Merstyahje. PR8 England.
Stat•m•nt of ¢ompllance
These fin8nclal slatements hav8 been prep8red In Cryn￿Lance wth FRS 102. The Finandal
Reporting Standard applicab￿ In the UK and the Republ￿ of I￿land,, the Statement of
Recommended Practtce 8pplicable lo charilies preparing their accounts In accordBnc8 with the
Financial Reporting Sland8rd 8Wicable in the UK arKI Rewbllc of Ireland IFRS 1021 (Chorities
SORP IFRS 10211 and the Companies Aca 20(￿.
Accountlng pollcl••
Ba#18 of pr•paratlon
Thg finan¢io18tatem8nts have been prgporgd on the historical co81 ba8ls, as modif￿1 by the
fwalualion of certaln financial a$88ts aThJ 1k9￿￿tieS and inveslment w0￿rtIeS m8asur8d al fair
value through Income or gXFthJiture.
The financlal stslemgnts are PTep¥ed In 8terf*o, V•thlth 18 thg fvnGtlonal ￿rrer￿Y of the entlty.
Golng con¢•rn
Therè are no matertd uncert8inti8S at￿t th8 chathys 8b51￿ to cmtlnue.
Dl8¢Io•uT• OX•mPtlon•
The 9ntlty 8atisfie5 the crlt8rla of tdro 8 qu3￿ng ontsty 88 dèffined In FRS 102. A$ such, No
¢ash flow statement ha8 been wesentgj for the company.
Judoom•nts •rKI k•y ￿ure￿ of ••tlmatlon uncwlalnty
The proparation ol ￿ finaryxal stateM￿ts requlres marwment to make judgBmènts,
eslimales and ossumplions that affect the 8mounts reported. These estim8te8 and judg8menl8
are contSnualty reviewed and are based on oxparience and other factors, IncludirvJ exp8c¢atlons of
future evènts that are bdieved to be reasOna￿e under the circumstances. There aro no mal8rlal
judgements. estimates or assumpknns wilhin these financ181 statemwlts.
Fund a¢eountlng
Unrestn'cted funds are avallable fly use at of th8 truste88 to furlhgr any ￿ th8
charftys purposes.
Designated funds arg unr081r1￿ fuTrts earmarked by tr* trustees lor PBrticular futuro project or
commitmenL
Restrkte(l fvnds are subjected to resifith on Ih81r expendibjre dedared by the d(mr or
Ihrough the terms of sn appeal, aThJ f8M irrto of sU￿￿a$se5.. ￿$tr￿teLl Incfjne funds or
endowmont funds.
10

SOUTHPORT GYMNASTICS CLUB C.I.O.
Charltabla Incorporated Organisation
Notes to the Financial Ststements
Year ended 31 August 2024
Aceountlng pollcles
Incomlng re￿Ur¢•5
l incoming resources are induded in th& statement of financial activities when gnlillement has
passed lo th8 charity.. tt is probat4e that thg ￿OnOMiC bènefits assc¢l8ted vhth the transactSon will
flow to the charity and the amount be relk?bly measured. The folk)wing speafic pc4iryes 8
applled lo parti1x￿ar categorw of inwie:
income from donati¢￿5 ¢y grants is rÉeognlsed vA)en there Is evldence of enuuemenl lo the
glft, recelpt Is probable and its omwnt can ba measured re￿3￿.
Ir￿oMe is racognised recelpt b wobable am¢J entiyemenlls 8Stab118h•d.
Income from donaleil gry)ds i8 measured al the falr v81ue of thg goods unl8SS this 5s
Impracllc81 lo measure relk4bty, in whKh case the value Is derived Ircrfn the cost to the donor
or the estimalgd resa18 value. Donated laclitles and 8￿CeS are recognised in Ihe accounts
when received if the value can be relkgbly me8surwJ. No amounts are included for th6
contrttyjtion ol g￿ra1 volunteers.
Income from for the SUPFIY of serykx 58 recoJnised wlth tho do1Sv8ry of th8
contracted service. This 18 ¢Lq88ffiod as unreSt￿led fund8 u￿e$S therè 18 8 conlr8Ctu8l
requirement for il to bo spanl on a partlcular puw 8nd r8tumod if unspent, In whlch case
It may bo rogard8d ay re8trictsd.
Resource• •xynd•d
Expendllure Is reccgnwl on an a¢c¥u818 b8818 as a Ilability15 incurr•J. EX￿ndit￿r• in¢￿deS any
VAT which cannot bg fully recovèred, and Is da881fi•l of tha statsment of
financ￿1 activities to which It relates:
expendliure on rai81ng funds ind￿1¢3 lh8 c081s cl al fvndralslry ac￿tI8¥. •vonts. rKJn-
charitable tr8dlng a¢livlli8s. aThJ sè18 of donated gcx)ds.
exF*ndrturo on ¢harhabl& a¢￿1￿ irKkKlgs al rA>sts Incurred by a chadty h urvjertaklng
advtties that further its charllable alms for thè b8nefft of tts beneficlaries, Including those
support costs and costs Telatirvj to govemance of the charity opportiontd lo charitable
actlvttles.
other expendlbjfe Incknles all expend￿re that 15 neilher relaied to ralslng fund8 for ihe
charity nor of Its exp8nthlure on char*able ￿11th.
AJI costs are all￿ted to eXP9nditure calwies refiecllng the use of the resource. Direct CO516
attrtbutable tr) a single actiw'ly are allocated direcjjy to that activity. Shared costs are appOrt￿fted
etween the actI￿tiOS ts)ntribule to ￿ a rea8￿at48. jusllfiable arKI consistent basis.
Tanglble a•wt8
TangilAe assets we Inlbalty rwdgj at C05L ar￿ subsequentty st818d at tost less any
accumulated depreciation arKI impaiment bsses. Amy tangible assets carried at revalued
amounts are recorded al ￿ fair value at th8 d8t8 of r8valuation less any subsequent
accumulated depreciatK)n sub8equenl inpainnenl losses.
11

SOUTHPORT GYMNASTICS CLUB C.I.O.
Charitable Incorporated Organlsatlon
Notes to the Flnanclal Statements
Year ended 31 August 2024
counting pollcles (wi
T•nglble assets (¢onllfiu••
An increase kn the carrying amount of an asset as a result of a revaluation. is rec￿nISed in other
recognised goins and ￿￿s. unless it reverses a charge for impaiment that has prewously been
r6cognlsed as expendriure vAthin the ststemenl of financial activities. A de¢reas8 in the Car￿￿9
amount of an asset as a resu￿ of revaluation. is reclignised In other rec{￿nIsed gains and 105588.
except to whith it offsets any wevlous revalualion galn, In case Ihe 10s5 15 shown wlthln
other recognlsed galns a￿1 k)s¥es on the statement of xtmtth.
DeprKl8tlon
Depreciation is calculated so as to 7•rrite off thg cost or Valuatk￿ of an asset. 185$ Its re81dual
v8Iug. over the useful eCOr￿MIC Ille of that asset a8 follow3:
Freehold property
Irthllations onty- straight line bas15. over 15 ye8rs.
Land & buiklings- no dep￿latIOn has ￿en provSded
the buikling on the basls that Its resldual v8lu8
remains in excess of ¢ts ¢8rnOng value.
Offlce fixture¥. ffttlng8
and 8quipmenl
Gymnastics èquipment
33% redudng balwce bosis
25% roducing balance basls
Imp•lrm•nt of fixod a•M¢•
A review for Indic8tcKs of Impainnenl ig c*ried (yjl at each reporung date, wlth the recoverablg
omounl ￿Ing estim8t8d where such indic¥torn exbt. Where the c8ryng va￿0 excagds the
recoverable 8mounl. the asset Impaire(l acc￿dIng￿. Prx)r impaimients are also revlewed
FQS8lble reversal at each reportir*J date.
For the purp(Ises of impaimient testing. whèn it is not rM)881ble lo gstimats the recoverable
amount of an irKIMdu81 asset. on estimate is made of Ihe reccwerabbe amount of the cash-
generating unll lo which the asset belong$. ￿s￿neratIng unil is the smallest bdentifiable
group of assels that includès the asset and generatss cash inlknws thatlorydy independent of the
cash Infflows from other a￿ts or groups of assets.
For Impainngnt testirYJ of goodwAI, the g00th￿ acquired In a buslness wmblnation 18, from the
acquisition date, aliocaled to each of the casWnorattrwJ unils that are expected to benefit trom
the synergies of the combinalion. irrespective of whether ots assets or t￿l11tieS of th8 charity
are assigned lo those units.
stocks are measured at the kA¥8r of cost arKI esllm8led Se1￿￿j price less costs to ￿mplate 8fKJ
sell. Cost includes 811 costs of purchase. costs of rA)nv8TSKJn arKI other c4)sts incurred in bringing
the stock to its present location aNI ¢))TKltb￿￿
12

SOUTHPORT GYMNASTICS CLUB C.I.O.
Charitable Incorporated Organlsatlon
Notes to the Flnanclal Statements
Year ended 31 August 2024
Accountlng poll¢lo$ (wilirtw&)
Flnanclal In8trumonts
A flnancial asset w a finan￿al Itability 18 reo>Jni8ed onty vknen Ihe entity becomes a paty to tha
contractual provisi￿$ of the instrumenL
Basi¢ financial instruments are inlbalty reix)gnised al the amuJnt receivabl8 or poyable Including
any related transaction costs, urtkns the arrangement constibjles a fmanclng transactic￿. where it
is recognlsed at Ihe present value of the future payments thixtntod al a markel rate of inl8resl
for 8 simi18r debt instrumenL
Current assets arbd currant knablllJ88 are Gubseq￿ty me•sured at the cash or other
C￿SIderatIon oxpectad to bè paid or receTrMI 8ThJ N)t disc￿nted.
Dobl In8trJments are subsequentty me8$w¢d at amort18ed ￿1.
Donatlon• •nd l•y¢l
Unre8trlrled Totsl Fund• Unf88trlcted To181 Funds
Funds
2024
Funds
2023
Donatlt)n•
Donations
Fundrai8irKJ ac￿￿1188
3,747
18.650
3.747
18.650
3.911
20.817
3,911
20,817
8ub•crlptlon•
Mgmbgrship and other f
492.694
515.091
492,694
515,091
428,551
453,279
428.551
453,279
Oth•r Incomlng resourc••
Unrestricted Totsl Fund• Unr98tr1ctod Totsl Fund$
Funds
2024
Funds
2023
Glft ald
6o1&s of merchandise & Tea bar
3,025
48.730
3.025
48.730
51.755
3,228
46,411
49.639
3,228
46.411
51,755
49,639
Inv•¥tment Income
Unr8stricied Total Fund• Unrestdcted Tot￿ Funds
FurKIs
2024
Funds
2023
Bank Interest receivablo
8.147
8.147
2.573
2,573
13

SOUTHPORT GYMNASTICS CLUB C.I.O.
Charltsble Incory>orated Organlsation
Notes to the Flnancial Statements
Year ended 31 August 2024
Cost ol gen•rating fun
Unrestrlded
Funds
Restricted Totsl Funds
FundB
2023
Staff costs
Fundraising event costs
Support costs- 8slablSshm6￿I costs
Support costs- c¢Mmmunukns arKI IT
Support costs- general office
Loan intsrast
General exp6nGe8
9.850
2,878
1.562
248
8.994
4.046
2.298
220
145
193
236
236
14.930
16,132
Exwndlturn on charftable a¢tMdo by fund typ•
Unreslflcted T4>ts1 Fund8 Unrgstrlctad Totsl Funds
FurKIs
2024
Fund
2023
Gymna$lic5 club 8cUvlll8s
Support COSts
362.863
29.173
392.036
362,863
29.173
310,387
42.354
310.387
42,354
392.036
352,741
352,741
Exp•ndltuY• on ch•rltabl• actlvhlw by Ktlvlty typ•
livlU6s
dertaken
dlrecuy Suppmxt £￿ts
Total fund•
2024
Totsl fijnd
2023
Gymnaslv Q￿b octivlties
362.863
29,1n
392,036
352,741
14

SOUTHPORT GYMNASTICS CLUB C.I.O.
Charttsble Incowated Oryan15atlon
Notes to the FlnancEal Statements (¢Wth￿d)
Year ended 31 August 2024
10. Analys1$ d$upport¢osts
R￿sIng Charitablt
other Total Funds Total Funds
Funds ActsvIl￿ Expen¢lbJre
2024
2023
Support Costs
Premlses costs
Cornmunication8 and IT
Gen8ral office
28.122
31.912
4,958
3,129
39.999
47,472
4,400
2.973
156
555
2,418
8.859
1.967
29.173
54,845
Support ￿sts are apportlonod a¢r088 th• three eXpenth￿re ¢attrgtsrie8 In the foll0v￿n9
percentages:_
Pr¥ml$es Qosts
Communlcations and IT
General offKe
90
10
85
90
11. othor •xp•ndltur•
Unre$trlcted Total Fund• Unre8trlcted Total Fund8
Fun
2024
Funds
2023
Stsff costs
Bdt4$h Gymn￿￿¢8 member8hlp It*8
Insurance
Support ¢osts . estsbliBhment ¢08ts
Support costs - communication5 and IT
Support Costs - general office
Accountancy and payroll tharges
Prolessional lees
Bank charges
Loan interest
Bad debts
Depredation
52.910
1,901
6,720
2,227
4.214
2.418
4,212
1.914
2,910
52.910
1.901
6.720
2.227
4.214
2,418
4.212
1,914
2.910
52.808
1.692
7,476
3.808
3.773
52,808
1,692
7,478
3,808
3,773
2,228
4,075
4,075
2,585
193
346
2,807
81,789
2,58S
193
723
2.760
82.909
723
2,780
2,807
81.789
82,909
12. Net incom•
Net InMme18 stated after ¢har¥in￿{CrOdItin9)".
2024
2023
Depreciation of tandble fixed asset8
22.184
16,508

SOUTHPORT GYMNASTICS CLUB C.I.O.
Charltable Incorporated Organisation
Notes to the Financial Statements
Year ended 31 August 2024
13. Ind•p•ndent examlnatlon fees
Fees payatle to the independent examlnor for.
2024
2023
Indewndont examlnatlon of ts finanGvl ststements
Olher services
3,120
1.092
3,120
955
4,212
4,075
14. Slaff costs
The tolal staff Gosts and ¢mpw b8r*fts for the rewung perM)J are 8nW as follows:.
2024
2023
333,261
281,456
12,486
8,974
4.785
3,605
Wages and sal8rS88
Employers fia￿onal Insurance
Pènsion costs
350,532
294,035
15. Tru¥tw r•mun•r•tlon and •xp•nM•
The Trustees neither reGeNed nor waived any emoluments during the ftn8nryal yaar lo 31 August
202412023 - £nill. Th8re ￿re ￿ relmtrMJrsemenl of expenses made to Trustees In the financial
yeor to 31 August 2024 (2023- £n￿).
16. T•figlbl• flx•d aJ••t•
Flxtyr95 and
fittiTrds
prop8ty
Equlpment
Totsl
Co•t
Al 1 September 2023
Ad(JMlons
2,196
96,310
59,173
496.714
59.173
At 31 August 2024
Depreclatlon
Al 1 September 2023
Charge for the year
At 31 August 2024
Carrylng amount
At 31 August 2024
At 31 AL￿USt 2023
2,196
155.483
555.887
13.330
1.913
55,210
19,424
70,453
22,185
15.996
74,634
92,638
382.212
80,849
41,100
463,249
426,261
384.878
283
16

SOUTHPORT GYMNASTICS CLUB C.I.O.
Charitable Incorporatod OrganI&￿10n
Notes to the Financlal Ststements reon
Year ended 31 August 2024
17. Stocks
2024
2023
Firushed gctds and goods resale
7,351
2,349
18. Debtorn
2024
2023
Trade debtors
Prepayments and accrued IrK>)me
Other debtors
86,890
1,488
3,025
91,403
63,292
121
3.228
68,641
19. Cr•dltorJ: amount• 18lllng du• w5thln one year
2024
2023
Trade cred￿018
Accruals and d8farred income
Soclal security and Ot￿r tsxes
Other credhors
15.687
155,778
8.259
27,652
207,378
6,798
141,978
7,263
22,393
178,432
InclLthd In abov6 creditors Is d8ferred Income rel8tsro to fw8
Involced in advance for the Sept4Jec 2024 lemi
152,(h)1
137.252
20. Analy•l* of charltablè fund8
1 Sep 2023
Ino)me Expendrture
ISJ4.5681 (574,993)
489.875
(784
1595.352) (574,993)
Tran8fw8
31 Aug 24
1679.6861
17841
(680,4701
Gengral funds
Bursary fvnd
489.875
17

SOUTHPORT GYMNASTICS CLUB C.I.O.
Charltablo Incorporated Organisation
Notss to the Financial Ststements (e
Year ended 31 August 2024
21. Analys1¥ of net amets between funds
Unrestrictèd Totsl Funds
Funds
2024
TarwJlbl8 fixed assets
Current assets
Creditors1888 than 1 year
483.249
463,249
424.597
424,597
1207.3761 (207,3761
680,470
680,470
Unffj$lrlcted Totsl Funds
Funds
2023
Tanglble fixed a&8ets
Current assets
Credbtor81883 than 1 swr
Not a•••ts
426.261
426,261
347,523
347.523
{178.4321 (178.4321
595.352
595,352
22. Rolated parti
Matthew Dodd, Paul Hc41 and Karan Lth￿0n have Seryed 88 Tru$leg¥ of th& d)aty durlng tr
year and each of them ha$ on¢ or more f8mly members arg pald •mployee8 of the dub.
Those family mambers ar8 pakl at the same rate as 811 other employees in similar rol88.
18

SOUTHPORT GYMNASTICS CLUB C.I.O.
Charltable Incorporated Organisation
Management Infomiatlon
Year ended 31 August 2024
Th• followlng p•u•• do nol forni part of th• tln•ndal •t•tsm•nt•.
19

SOUTHPORT GYMNASTICS CLUB C.I.O.
Charitable Incorporated OrganI&￿10n
Detslled Ststement of Flnanclal Acllvllles
Year ended 31 August 2024
2023
Income and endowments
Oonatlons and lègael•s
DonatKJns
FundraisSng actlwlles
MembershSp and other fees
3,747
18.650
492.694
3,911
20,817
428,551
515,091
453,279
other I￿omIng r•sourc
GSft aid
Sales of m8rchandlse & Tea bar
3.025
48.730
51.755
3,228
46.411
49,639
Investment Incom•
Bank Interest recelvab
8,147
2.573
Total In¢om•
574.993
505,491

SOUTHPORT GYMNASTICS CLUB C.I.O.
Charitable Incorporated Organisation
Detsiled Statement of Flnanclal Actmlles
Year ended 31 August 2024
2024
2023
Expendlture
Cogt of g•n•ratlng funds
Wages 8nd s81ari88
Other office cosls
Establishment costs
Communications ond IT
General Office
Fundralslng event CC&8ts
Loan Interest
9.850
236
1,562
248
156
2.878
236
2,298
220
145
4,046
193
14.930
16.132
Exp•ndllur• on charltabl• actlvltl•*
Purthasos
Wages and sal8rie8
Rates 8nd water
Llght and heat
Repalrs and m8lnlen8n¢e
Other est8bllshment
Motor vehlde expenses
Telephone
Other office costs
D8precialion
Interest on bank loans and overdrafts
Gym a¢tivty $n¢J ¢c*npalIl￿ ¢08ts
31.165
287.772
5.459
18,603
4,768
3,874
5,727
265
31,938
232,233
6,591
25.156
11,233
3,013
4,914
195
581
13.701
3,470
19,716
352.741
19,424
14,424
392.036
Other *X￿ndItur*
Staff costs
British Gymna8tics membersh4) f888
Insurance
Support costs- e8taillshmenl cc*ts
Support costs- Communications 8TrJ rr
Support C05ts- ge￿ra1 office
Accountancy and payrol chargeg
Professional f888
Bank charges
Loan int8r8St
Bad debts
DeprKial*)n
52,910
52,808
1,692
7,476
3,808
3,773
2,226
4,075
6,720
2.227
4.214
2,418
4,212
1,914
2,910
2,58S
193
346
2.807
723
2,760
82.9)9
81,789
21

SOUTHPORT GYMNASTICS CLUB C.I.O.
Charflable Incorporated Organlsatlon
Detailed Statement of Financial Activities
Year ended 31 August 2024
2023
Total exp•ndrturg
489.875
450.662
Nel Incomo
85,118
54,829