COMPANY REGISTRATION NUMBER: CE004808 CHARrrY REGISTRATION NUMBER: 1163781 SOUTHPORT GYMNASTICS CLUB C.I.O. Charitable Incorporated Organisation Unaudited Financial Statements 31 August 2025 Accountants 247 Limited Accountants Suite 201-204 The Malthouse Business Centre Southport Road Ormskirk, Lancashire. L39 1QR
SOUTHPORT GYMNASTICS CLUB C.I.O. Charitable Incorporated Oryanisation Flnancial Ststements Year ended 31 August 2025 Page Trustees, annual report Independent examiner's report to the trustees Statement of financial activities (including income and expenditure account) Statement of financial position Notes to the financial statements Tho following pages do not forni part of the financial statem•nts Detailed statement of financial activities 21
SOUTHPORT GYMNASTICS CLUB C.I.O. Charitablo Incorporated Oryanisatlon Trustses. Annual Report ¢onthu¢d Year ended 31 August 2025 The trustees, who are also the directors for the PUTF)o$e$ of company law, present their report and the unaudited financial statements of the charity for the year ended 31 August 2025. Reference and admlnl8tr•tlv¢ detalls R•glst•rod charlty name SOUTHPORT GYMNASTICS CLUB C.I.O. ChaTIty regl•tratlon number 1163781 Company roglstratlon nUmr CE004808 Prlnclpal office •nd rog•r 55a Segar5 Lane Ainsdale Southport Merseyside PR8 3JA England The trustees Mr. Matthew Dodd Ms. Louise Fisher Ms. Angela Christian- Pye Ms. Karen Lawson Mrs. Karen Allen {Retired 2916r25) Mr. Paul Holl Mr. James Long Mr. Peter Kearon Mr. Manuel Castineira Taboelle Mr. Joshua Champion Ms. Emily Brady-young (Appointed 29161251 Independ•nt •xamlner Nigel Rees Suite 201-204 Matlhouse Business Park 48 SouthFQrt Road, onskIrk, Lancashire L39 1QR
SOUTHPORT GYMNASTICS CLUB C.I.O. Charitsble Incorporated Oryanisation Trustees, Annual Report ¢onlTnued Year ended 31 August 2025 The tru8ts08 pro8ent tholr roport ond unaudlt•d accounts for tho y••r ondgd 31st August 2025. Slw¢tUrni gov•man¢• and manag•m•nt The Charity Is a Charilable Incorporated Organisation and is governed by tha tenns of its Constitution and Memorandum & Artscles of Association. The Charity was set up by a group of gymnasts, parents in 201 S to f0MlISe the Parents Support Group whose role was to fvndraise and support events held at the gymnastics club based at SegaTS Lane in Ainsdale. The Charity acquired the gymnastics busine$$ as a going concefn and took ovw the ownership and management of the Gymnastics club as of 1 st September 2016. Trustee5 aro recrurted, appointed, and moVed from office following the process as set out in the CIO Constitution. The Charrty'8 ty8tiJe8 work on a voluntary baws for no pay or remuneration. The decigion-making process.. The trustee$ attend regular Commthe Meelngs, held a8 n#Sary, to dotemine and implement the strategic direction and pollcy of thè Charlty. Rl8k Management.. The trustees have examined the major strategic. business, and operatsonal risks, which the Charity faces and confimis that systems have been e$tabli8hed to ensure that necessary steps be taken to mana9e these dsk8 Obl•cllv•• •nd Actlvltl Th• Charity's obJectfv•8188 8•t out in h Memorandum and Articles of As•ociatlonl are.. To provide or 8s51st In tha provi8ion in the interests of 8oclal wellare for the benefits of inhabitants of Sefton and the surrounding area by the provision of facilitses for phy8i¢al wreation with spgcial •mpha$ls (but not limited to in any way) on gymna8tics and cheerleading and to include other lelsure tlme ocGupaUon as may from time to ts'me be Gon$ld8r¢d to be in the interests of people of all ages and abilty and in particular young peopl•, with thè object of improvlng their health and wellboing and thelr conditions of life. The Promoon of communlty participation In healthy recreation for the benefits of inhabitants oi Sefton and the sufrounding area by the provision of faciliti65 for participation in gymnastics and associated acts'vities
SOUTHPORT GYMNASTICS CLUB C.I.O. Charitable Incorporated Organisation Trusteos. Annual Report conthu•d Year ended 31 August 2025 Achl•v•m•nts •nd rtOM1•c• Southport Gymnasti Club has continued to evolve and Strengthen its programme structure throughout the year. class occupancy consislenuy exceeding 97% and a growing waits'ng list. Gurrently at 600. the demand for our services remain5 exceptionalty high. Feedback from members and families has been overwh81mingly positive, reaffirming that our delivery mcllel is both sustainable and highly effective in providing an outslanding experience for our gymnasts. Over the course of the year, we have supported more than 1.141 recreational gymnesb each week. alongside over 100 gymnasts within our competib've squads. Our tumbling classes remain particularty Fopular, and we are actively exploring opportunitses to expand provision in respon$e to this demand. We continue to embed the British Gyrnnastics RISE programme within our daily delivery. This Initlatlve éncourage8 gymnasts to Discover, Explore and Excel, and has been carefully adapted by our programme ad5 to maximise engagement, prcqression and enjoyment. Gymnasts are recognised through ¢ertificat85 and medals awarded throughout the year, 8UPPOrting an induslve and motsvaung environment During the Easter and summer holidays, we sucw8lully delrvered gymna8tlrA camps open to both members and non-members, wth over 160 children attending each week. These camps provided fun and actbve experienco for paitiGipants, whilo alw offoring familles a reliable and affordable childcare oplJon. The Club hosted sever81 Successful intemal Gompotlllon¥, with ¢)ver 380 gymnasts participating In ApTII across four apparatus, and more than 350 in July across tsvo apparatus. Theso events received excellent feedback frorn both participants and parents. Planning for our annual Christmas Display Celebration began in August the theme was musicals, wtrth expectations to showcase over 700 gymnasts and welcome more than 2,000 spectators acro88 the weekend. OUT competition Squad gymnasts. who train in exce$5 of 15.5 hours per week, hav8 represented the Club with distinction at a range of regional and national Ovents, including the Brib'8h Championship8, English Championships, and multsple North West competitions. Thi8 year, we celebrated significant succe, Includlng o11-around North West champlon$ 8nd Indfvldual apparatus tltl•hold•rs. Fundraising continues to play a vital role in the Club's devdopment, and extend our sln¢•ro thanks to everyone who has contributed. Recent fundraising efft)rt8 have enabled the purchas8 of new parallel bars, and additsonal mattlng beneath beams, ensuring our facilities remain safe and of a high standard. Looking ahead, we are raising *Jrther funds for additional equlpmonl and have Moved on with the development of the gym with architects and Gymnova, plans are belng made to redesign tho parent waiting area and upgrade intemal gyrn spaces. Our indusivity programm8 has expandod slgnificantly. We continue to work with our established partnerships with IoGal schools supporting children with additional needs and Gurrently deliver four gessions per week across three schools. Thes6 session5 are led by fijlly qualified coaches and provide a Safe, supp)rtive and adapted envlronment for students to engage in gymnastics.
SOUTHPORT GYMNASTICS CLUB C.I.O. Charltable Incorporat•d Organisation Trust•os' Annual Report conlTnuèd Yoar ended 31 August 2025 For chlldren requiring additional support within mainstream dass8s, we continue to provide enhanced coaching assi$tsn¢e where needed. These provisions are fvnded by th8 Club, refflecting our ongoing commitment to accessibility and indusion for all participants. Fln•nclal rovlew During th8 year to 31st August 2025 th? cha generated fund8 totalllng £86,504 The cumulativ8 po$ib'on with balances earried forward from pravlous years totalled unrèstrlcted funds of £766.974. The trustees have elected to maintsin the deslgnatson of Certain fvnds for the Purpose of bur8arie8. These fvnds are to be used to subsidise fees for quallfylng gymnasts, helping to ensure that the facility 18 avallable io au in the CCJmmunity. Donations and fvndrai$ing activities in the ygar totalled £18,423 which is a fantastic achievement, and we are Incredibly grateful lo all th8 donors and fundraisers. We also received a further £2,660 via Gift Ald, 80 thank you to all that have completed a Glft Aid form. Sales of m8rchandi8e & Tea Bar were excellent th18 year totalllng £58.5, providing anothor valuobl6 Income •tream for th• ¢lub. The donetlons and fundraising amounts raised hav8 all beon accumulated and used lo purehase many nems of gymnasuc equlpmenl We are very gratefijl to everyone for all tho lundralsing efforts as the amounts raised ensure that we have a Super facil for all the gymnasts to enjoy. Plan• for fvlur• p•rfod• Looklng ahead, Southport Gymn•stSu Club remaln$ committ•d to conttnuous Improvwn8nt acr088 all areag of tts operatlons. A key priority is the ongoing renewal and enhancement of equipm8nL Maintaining mtyjem, safe, and hlghquality facilrtiès wll support both perfommnco dovelopmenl and paruclpant safety. Inveslmenl will conbnue acr08s all levels of the programme. from recreational participants to advanced athletes. To support this, I0 members of the Club's chartty team wlll be runnlng the London Marathon to help raise fund5 to reace the pitted gym aroa. Our inclusfvity programme will continue to expand, vAth plans to develop fvrthof parthershlps wlth local schools. particulaty those Supportlng children wrth additional needs. Wo aim to extend opportunities for more young peopkg lo experience gymnastics in a way that18 accessible, $upporbve, and tailored to individual requirements. We are also looking to develop daytime adult clas5e8, providing greater opportunities for those aged 18 and over to parts'cipate in gymnastics and maIn activefy involved in the sport. The Club intends to increase both the number and scale of events and displays, CatIng more Opportun05 for gymnasts to showcase their progress. These events play an important role in building confidence, encouraging teamwork, and strengthening communty engagemenL In addition, we plan to deliver more community-ftKused events, reInfoIng the Club's role as a Central
SOUTHPORT GYMNASTICS CLUB C.I.O. Charitable Incorporated Organlsatlon TrustOO8' Annual Raport Year ended 31 August 2025 hub wlthln thg Irxal ayea. Thase initiatNes will halp build stronger ccfflnections. raige awareness of our w. and e8bbrate th8 p)slUvo Impact of gymrS1¢$ wlthln th& o)mmunlty. Small wnp•ny provlslons Thi8 report has been praparod in accordanc8 with the provLwons applicabla to companles ontitt8d to the small Compani88 8x8mption. Th8 knjst, annual rgport W8s approv•d on 24.1.051kn..1& trustees by.. .. and 8pJned on behalf of the board of Mr. M8thew DJ
SOUTHPORT GYMNASTICS CLUB C.I.O. Charftablo Incorporated Oryanisation Ind•p•ndent Examinerfs Roport to the Trusts•$ Ot SOUTHPORT GYMNASTICS CLUB C.I.O. (¢onthu Yr andod 31 August 2026 I report to the tru$loes on my examination of the financial ststements of SOUTHPORT GYMNASTICS CLUB C.I.O. ('the charity,) for the year ended 31 August 2025. RMpon•lbllltle• and ba•ls of r•port As the trust8es of Ihe cnmpany land also its directors for the purposes of company law) you are rasponslblo for the preparation of the financial ststements in accordance with the requirements of the Companles Act 2006 Ilhe 2006 ACV). Having 8allsfied my8eW that the acwunts of tho company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the chanty's accounts as carried out under sectlon 145 of the chan83 Act 2011 1.the 2011 Acfl. In carying out my examination I have followed the Dire¢tlong gfven by the Charity Commission under ••ction 14515)Ib) of th8 2011 ACL Ind•p•nd•nt •xamln•r'8 8tat•m•nt Since the charity's gross income exceeded £250,000 your examlnor mu$t be 8 member of a body listed In Sacon 145 of the 2011 ACL l ¢onffimi that l am quallfted to undertake the examinatyon because l am a member ol th8 Institute of Chartered Ac¢ountsnts In England and Wales IICAEW), which i• on• of tho listed bodle8. I havo completed ry examinolion. I confim th* no matters h•v¢ lo my attènkn In conn8ctlon wlth th• examination gNing m? cau8• to b•lieve.' accountlng records were not kèpt In respect ol the charlty as required by 8•Ctlon 386 of th• 2006 ACL or the finan81StaternQnts do not iccortl with th08& r•cords,' or the financial statements do not comply with the accounting requirements of sectlon 396 of the 2006 Act other than any requiremenl that the accounts give a 'lrue and fairf view which is not a matter consldered as part of an independent examlnatton; or tho financlal statements have not b•en prepared in accor(lance wtth the methods and principles of the Slalamenl of Recommended Practice for accounting and reporb'ng by charities applicable to ¢haritres preparing their accounts in accordance with the Financial Reportlng Standard applicable in tho UK and Republlc of Ireland IFRS 102). I have no concerns and have come acro88 no other matters In connecuon with the examination lo which attention should drawn in th18 r&port In order to enable e proper understanding of th8 ccou be reached. igel ees Independent Examiner Sulte 201-204 The Malthouse Business Centre Southport Road OrmskiTk Lancashire L39 1QR
SOUTHPORT GYMNASTICS CLUB C.I.O. Charltabl• Incorporatsd Organlsatlon Statement of Financlal Activltlos lineludlng income and expendlture account) Yaar ended 31 August 2025 2020 Unre6tri¢ted funds Total fund• Total fvnds 2024 Not• Ineomo and •ndowm•nts Donations and legacies Other incoming r8source8 Investment income 538,640 61,725 8,693 609,058 538.640 61,725 8,693 609,058 515,091 51,755 ,147 574.993 Totsl Incom• Exp•ndttur• Expenditure on raising funds: Cost ol generating fund8 Expanditure on tharltabl• aclfvitles Other exponditure Total •xp•ndltur• 15,772 426.409 80,373 15.772 426,409 80,373 14,930 392.036 82,909 522,554 522,554 489,875 Incom• and n•t mov•m•nt In fund• 86.504 86,504 85,118 R•conclllatlon of fund• Total funds brought foTh¥ard Total fund• TrI•d lorwird 680,470 766.974 880.470 595,352 680,470 786,974 The statement of financlal a¢ttvlEie8 Includes all galn8 and losses recognisgd In the year. AJI ineomè and eXpendure derlve from cOnnUIng act1vit1. Th• not•• on p•9u 9 tv 19 lorni yrt olthe•e tln•nclal •tat•rn•nt•.
SOUTHPORT GYMNASTICS CLUB C.I.O. Charitabl• Incorporated Oryanlsatlon Ststsment of Flnancial Position 31 August 2025 2026 2024 Not• Flx•d asryets Tangible ffixed assets 16 Currfrnt •••ots Stc¢ks Debtors Cash at bank and in hand 17 18 8,285 92.296 385,761 7,351 91.403 325.843 486,342 424,597 Cr•dltorn: amounts filllng du• vAthln on• y•ar 182.990 207,376 N•1 curr•nt a••t• 303.352 217,221 Totsl •M•ts l•M ¢urr•nt Ilabllltl N•t au•t• 766,974 680,470 Fund• ol th• chArlty Unrèstrlcted funds 766,974 680,470 880.470 Totsl ¢harlty fund• 766,974 For thè year ending 31 August 2025 th• ¢harty wa8 ?ntMed to exemplon from audtt under sectlon 477 of the Comynles Act 2006 relat4ng to Small eompanles. Dlre¢lors' responslblllli•8'. Tho members have not Tequired the company to obtain an audrt of Its financlal statement8 for the year in question In accordance with 8eCtlon 476; The dlrectors acknowledge their responsibllitles for complying wth the requirwnènts ol the Act wlth rnspect to accounting records and tho preparatlon ol financlal statements. These financial statements have been pPared in accordance with the provisions appll¢able to Companies subject to th? small ¢ompanies' regime. The statement of financial position continues on the following page. Th• nJts• gn 90• 9 to 19 fonn p•rt ol th•w Iln•nGl•l •ttm•nt
SOUTHPORT GYMNASTICS CLUB C.I.O. Charltable Incorporatsd Organlsatlon Statsment of Flnanclal Posltlon (¢offlJtstn 31 August 2025 Th88a fm8rKlal ststements wero 8pprov8d by th8 board of tru8t808 gnd aLrthort8gd for 186u8 on 2&j..s*....I..%A..., and ar8 swned on bfjhaff of th• t4)ard by: Mr. Mstthow Dodd Trustse Ms. Karen Lawson TTUSt Tho notsg on pag•• 9 to 19 fonn part olthM• flnan¢l•l •lthm•nts.
SOUTHPORT GYMNASTICS CLUB C.I.O. Charftable Incorporated Oryanisation Notes to the Flnancial Ststernents Year ended 31 August 2025 r•en•rnl Inlomiatlon The charity Is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered offi¢e is 55a Segars Lane, Ainsdale. Southport, MerseysKle. PR8 3JA, England. I ststem&Tht of compllan¢e These financial ststements have been prepared in compliance with FRS 102, The Financial Reporting Standard applicable in the UK and the Republic of Ireland,, the Stat8ment of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021 (Charlties SORP IFRS 102)) and the Companies Act 2006. A¢countlng pollcl•s Bas ol prnparallon The financial statements have been prepared on the historical cost basis, as modified ty the revalu*ion of certain finanaal assets and liabl1'eS and investment properties measured at fair value through inc4Jme or expenditure. The financial statements are epa in steding, which is the functional currenw ofthe entity. Going concern There are no material uncertaintie5 about the charity's abilty to continue. Dlsclosure ex•mptlo The entity satisfies the criteria of being a qualifying enty 88 defined in FRS 102. As Such, No ¢a$h flow statement has been presented for the company. Judgemonts and key Sources of estlmatlon uncortalnty The preparation of the financial statements requires management to mak& judgements, e5timate5 and assumptions that affect Ihe amounts reported. These estimates and judgements are ¢ontinually revi8wed and a based on experience and other factors. including expectations of future events that a believed lo be reasonable under the arcumstances. There are no material judgements, estimates or assumptions within these financial staternents. 10
SOUTHPORT GYMNASTICS CLUB C.I.O. Charftable Incorporatad Organisation Notss to the Financlal Stat•m•nts (¢onthuodJ Year 8nded 31 Augu8t 2025 Ac¢ounting pollclM (¢onlfnu Fund accouThtlng Unrestricted funds are ovailable for use * th8 discretion of the trustees to fvrther any of the charlty's purposes. Designated funds are unrestricted lunds eannarked by thè trustees for particular future project or commitment Restricted fijnds are subiected to restriction3 on their expendtture declared by the donor or through the terms of an appeal and tall into one of hvo sulKlasses.' restricted Sncome funds or endowment funds. Ineomlng r••ourt All Incoming resour¢e$ are Included In the ststement of finandal advltles when entsement has passed to the ¢harity.' it is probabSe that the economic bonoflts associated with tho tran$actson wlll flow to the charity and the amount can be reliably measured. The followlng 8pecthc poli¢ig$ arè applied to particular categones of income.. Income from donatlon8 or grants is recognis•d wh•n there i• evidence of onlllemont lo the glft, recelpt18 prOba1e and It8 amount can be measured rellably. go¢y income is reeognlsed when ree•lpt18 probable and entMemenl18 O•tabli$hed. Income from donated goods 18 mèa8ur•d al the lalr value of th• good8 unle88 th11 18 Impractical to measure rellably, In whlch case the value is derived from the cost lo the donor or the 6stimated regale valuè. Donated facilities and 8er¥iGe8 are re¢ognised in the accoLsnts when received if the value can be reliably measured. No amounts are included for the contributs'on of general volunteers. Ineome from contract8 for the Supply of seThlces 18 recognimd wlth the dellvery of the contracted service. This 1$ dassitSed as unrestrict8d *Jnds unless there is a conlraclual requirement for rt to be spent on a partscular PUfPOSè and relumed if unspenL in which case 11 may b8 regarded as rnstricted.
SOUTHPORT GYMNASTICS CLUB C.I.O. Charitable Incorporated Oryanisatlon Notes to the Flnancial Statsments (conllnu• Year ended 31 August 2025 Accounllng pollcle• (conllnuedj R•sour¢o8 •xpond Expenditure is recognised on an accruals basis as a liabilty is incurred. Expenditure indudes any VAT which Gannot be fully recovered, and is classtfied under headings of the statement of financial aciviti'es to which it relates.. expenditure on raislng fvnds includes the costs of all fundraising actlvity'es, events, non- charitable trading act1vitS, And the sale of donated good8. expenditure on charitable activities include$ all ¢o$ts incurred by a charity in undertaklng activities that further its charitable aims ftir the benefit of its bgnefidaries. induding thos8 support Costs and Go¥ts relatlng to the govemance of the charity apportloned to charitabl8 aGtivities. other expendlture includes 811 expenditure that 1$ neither rdoted to ralsing funds for th• charity nor part of its expenditure on charitable activities. l costs are allocated to exPendvre categories refiectlng the use of the re8ouree. Dlrect costs attributab to a 8ingle activity are allocated directty to that activity. Shared costs are apportyoned l)etrw8•n th8 actfvltl•• th•y contribute to on a rna8onable, )ustsftabl• and con$18tent ba61s. Tanglbl• au•t• Tangibl? assets arn initialty recorded at cost and 8ub8aqu•nty stated at cost 1888 any accumulated depreciation and Impaiment 1088es. Any tanglble assets carried at revalued amounlg are recorded at the falr value al the dat8 of revaluation less any 8ubsequènt accumulated dèpr8aats.on and subsequent accumulated SmpalTment losses. An Increase in the carrying amounl of an asset a8 a r88uIt of a revaluation, 18 re¢ogni8ed In other recognised gains and108ses, unless it reverges a charge for impalmient that has previously been recognised a5 Qxpenditure wthin the 8talemonl of flnan¢lal aclrvityes. A decrease In the carylng amounl of an 8ssel as a result ol revaluation. Is reccgnlsed in other recognised galn6 and losses, excepl to which il off5è1s any previous revaluation gain. in which ca8• th•108S 18 shown within other recognised gains and losses on the statement of financial activiti65. 12
SOUTHPORT GYMNASTICS CLUB C.I.O. Charltable Incorporat•d Organi3ation Not to the Financlal Statsments (coftdnue Year ended 31 August 2025 Accountlng pollcles (conthu•dJ D•pr•clatlon Deweuatson 1$ calculated so as to wrfte off the cost or valuation of an asse( less its residual value. over the useful economic life of that asset as fd10. Freehold propety Installations only- straight line ba$i$, over 15 years. Land & buildings- no depreciation has been providod on the building on the basis that its residual value remains in excess of its ¢arying value. Office fixtures, fitbng8 and equipment 33% reduclng balance ba$18 Gymnastl¢s 8qulpment 25% reduclng balance basls Imp•lmi•nt of flxod ••••t• A review for indlcators of impairnwnt 18 carri•d out al each reporting date, with tho recoverable amount being estimated where such indlcators exisL ere th8 carrying value exceeds the recoverable amount, the asset is impaired a¢cofdlngly. Prior impairments are also revlewed for PO58ibl• revèrsal at each reporting dato. For the purpose8 Of impairmenl t•8Ing, when It Is not Possible to •8timalo lh• r•¢ov•rable amount of an Indfvldual asset, an estlmale is mad? of tho recoverable amount of tho cash- generating unlt to which the 8$8et belongs. The $h*eneratIng unit is thg smallest identifiable group of assets thot Indudgs the asset and generates cash inflt)ws that largely Indep•ndont of th• ¢a$h inflows from other assets or group8 of a$sets. For impaimient tests'ng of goodwlll, the goodwill acquired in a busin$ Combination 18, from the acqui8its.on datè, allocated to each of th& cash4Jenerab"ng units that aro expected to b8n8fft from tho syneryies of the combination, irresp8¢tlve of whether other a88ets or liabilitses of the ¢harity are assigned to th080 units. Stoek• stock8 are measured al the lower of wsl and estimated selling price less $ts to complete and sell. Cost includes all Costs of purchase. costs of conversion and other Gosts incurred in bringing the sto¢k to its present location and condition. 13
SOUTHPORT GYMNASTICS CLUB C.I.O. Charitable Incorporatod Organlsatlon otes to the Flnanclal Ststements (¢trnUnuedJ Yoar ended 31 August 2025 Accountlng pollcl08 f¢onltnued) FlnanGl•l Inslrum•nt• A financial asset or 8 finan81 liabilty 18 recognlsed only when the entity become8 a paty to the nlr8Ctual provKsion8 of the instrument Basic financial instrum8nt8 are Initialty regnISed at the amount receivable or payable including any related transaction ¢o$ls, unless the aangernent consb'tutes a financing transaction, where li is recognised at the present value of the future payments discounted at a market rate of Inte$t for o similar debt instrument. Current assets and current liabilities are 8ub$oqu8nty m8a$ured at the cash or oth•r conslderallon expected to be paid or received and not discounted. Debt Instrum•nts are 8ubwuenUy measured at amortls•d COBL Don•tlon• ind l•gacl Unrnstrlcted Tolal Fund• Unr8strod Total Fund8 Funds 2026 Funds 2024 Don•tlon• Donations Fundraising e¢tlvllle$ 837 15.586 837 15.586 3,747 18,650 3,747 18,650 8ub•crlptlon• Membership and other fe 522,217 538,640 522,217 538,640 492,894 492,694 515,091 515.091 Oth•r Incomlng r••our¢ Unrestrtcted Total Fund¥ UnreBtri¢ted Total Fund8 Funds 2026 Fund$ 2024 Gtft aid Sales of merchandise & Tea bar 2,660 59,065 2,660 59,085 3.025 48,730 3.025 48,730 81,725 81,725 51,755 57,755 14
SOUTHPORT GYMNASTICS CLUB C.I.O. Charitsble Incorporated Oryanisation Notes to the Financial Statsments (conllnued) Y•ar ended 31 August 2025 Investmmt Incom• Unrestricted Total Funds Total Funds Funds 2025 2024 Bank inlere$t receivable 8,693 8,693 8,147 Cost of generallng funds UnreslriGted Totsl Fund$ Total Funds Funds 2025 2024 Staff costs FundraisirEg event costs Support costs- estsblishment costs Support costs- communications and IT Support costs- general office General expenses 9,709 3,955 1,751 163 138 9,709 3,955 1,751 163 138 9.850 2,878 1,562 248 156 77 Expendlturo on ¢harltabl• acthvltlos by fund typg Unr6stri¢ted Totsl Fund8 Unrestricted Total Funds Funds 2025 Funds 2024 Gymnastics dub ath"vits'es Suppjrt costs 394,437 31,972 394,437 31.972 362.863 29,173 392,036 362,863 29.173 426,409 426.409 392,036 Expgndltur• on charltabla actlvliles by activity type ACtiv.eS undertaken directy Support Total funds costs 2025 Totsl fvnd 2024 Gymnastics club acbvlties 394,437 31,972 426,409 392,036 15
SOUTHPORT GYMNASTICS CLUB C.I.O. Charltsble Incorporated Oryanlsatlon otes to the Flnanc5al Statsments fcoftthu¥dJ Yr ended 31 August 2025 10. Analy$l• of 8UPPOrt costs Raising Charitable Other Totsl Funds Total Funds Funds Activitses Expenditure 2025 2024 Premises costs Communications and IT Génoral office 1.761 163 138 31,508 326 138 1,751 2,769 2,500 7,020 36,010 3.257 2,776 31,912 4,958 3,129 39,999 2.052 31,972 41,044 Support ¢o$ts are apportioned acro88 th? three expendlture categorie8 In th• followlng percentages:. Premises costs Communication8 and IT General office 90 10 85 11. Other •xp•ndlluv• Unr¢8tricted Total Fund• Unr08trt¢ted Total Fund8 Funds 2026 Fund8 2024 staff costs British Gymnastlcs member8hlp feej Insurance SuprLIrt costs- 88tabllshm•nt o)st8 Support costs- communlcations and IT Support ¢08ts - goneral office Accountancy and payroll char9•8 Profession81 fees Bank charge¥ Bad debts rjepreciatson 61,236 3,872 7,718 1,751 51,236 3,872 7,718 1,750 52.910 1.901 6,720 2,227 52.910 1,901 8,720 2,227 2,769 2,500 4,560 2,769 2,500 4,560 4,214 2.418 4,212 1,914 2,910 723 2,760 4,214 2,418 4,212 1,914 2,910 723 2,760 3,238 3,238 2,729 2729 80.373 80,373 82,909 82,909 12. N•t Ineom• Not InMe 1$ stated after chargingl(creditingl.' 2026 2024 Depreciatson of tangible fixed assets 18
SOUTHPORT GYMNASTICS CLUB C.I.O. Charitable Incory>oratsd Oryanisation Notes to the Financial Ststernonts (confthu• Year ended 31 August 2025 13. Independ•nl •xamlnallon fms Fees payab to the independent examiner for. 2025 2024 Independent examinab'on of the financial statements Other services 3,120 1,440 3,120 1,092 4,560 4,212 14. St•ff costs The total staff costs and employee beneffts for the repJTling period are analysed as fdlows.'- Wages and salaries Employers, nab.onal insurance Pension ¥ts 343.341 14,912 5,882 333.261 12.486 4.785 364.135 350,532 15. Tru•to• I•mun•rOn and •xp•ns•s The Trustses neither feceived nor waived any emoluments during the financial year to 31 August 202512024 - £nit). There were no reimbursement of exFenses mado to Trustees in the financial year to 31 August 202512024 - £nill. 16. Tanglble flxod a¥8ets Fr*hold Fixbjres property and fittings Equipment Total Co8t At 1 September 2024 Additions 398,208 2.196 155,483 23,931 555,887 23.931 At 31 August 2025 Depreciation At 1 September 2024 Charge for the year At 31 August 202S Carrylng amount At 31 August 2025 At 31 August 2024 398,208 2,196 179.414 579.818 15,996 2,666 2,008 63 74.634 20,829 92.638 23.558 18,662 2,071 95,463 116,196 379.546 125 83,951 80.849 463.622 426,261 382,212 188 17
SOUTHPORT GYMNASTICS CLUB C.I.O. Charitable Incorporated Organisatlon Notes to the Financial Statements (¢onLTnii•dJ Year ended 31 August 2025 17. Stock• 2026 2024 Finished goods and goods for resale 8,285 7,351 18. D•btorn 2026 2024 Trade debtors Prepayments and accrued income Other debtors 87.855 4,442 86,890 1,488 3.025 92.297 91,403 19. Cr•dltor•: •mounl• f•lllng du• wlthln on• y•ar 2025 2024 Trade creditors Accruals and deferred income Sw'al security and other tax85 Other Gredilors 997 149,289 5,802 26,902 15.687 155,778 8.259 27,652 182,990 207,376 Included in above creditors is deferred income r•latlng to fee8 Invoiced in advance for the Sept-Dec 2025 tem 20. An41$ of charltabl• lund• 1 Sep 2024 Income Expenditure Transfers 31 Aug 25 G8neral fvnds Bursary fvnd 1679,6861 1609.058) {784) 1680,470) 1609,058) 522.554 (768.1901 17841 (766,9741 522,$54 18
SOUTHPORT GYMNASTICS CLUB C.I.O. Charitable Incorporated Organisation Notss to the Financial Ststements (wilTnuodJ Year ended 31 August 2025 21. Anaty8is of net assets betw••ft fundg Unrestn'cted Total Funds Funds 2025 Tan9ible fixed assets Current assets Creditors than 1 year Net a8sot• 463,622 463,622 486,342 486,342 1182.990) (182.990) 766,974 766,974 Unrestricted Total Funds Funds 2024 Tangible ffixed assets Current assets Credrtors less than 1 year Not 463,249 424,597 1207,3761 680,470 463,249 424,597 1207,3761 680,470 22. Related partlas Malthew Dodd, Karen Lawson, Paul Hdl and Louise Fisher have served as Trustees of the charity during the year and each of them has one or more family members who were paid employees of the club. Those family members were paid at the same rate a5 all other employees in similar roles. 19
SOUTHPORT GYMNASTICS CLUB C.I.O. Charftsbla Incorporated Organlsation Management Informatlon Year ended 31 August 2025 The following pages do not lorni part of thfj financlal statem•nts. 20
SOUTHPORT GYMNASTICS CLUB C.I.O. Charitsble Incorporated Organlsatlon Detailed Statemant of Financial A¢tivltl•s Year ended 31 August 2025 2026 2024 In¢om• and •ndowm•nts Donallons Ind l•gaclo• Donations Fundraising activities Membership and Other fees 837 15,588 522,217 538.640 3,747 18,650 492,694 515,091 Olh•r Inwnlng r•¥ourc•¥ Gift aid Sal8s ol merchandi88 & bar 2.860 59,065 3,025 48,730 61,725 51,756 InvMbn•Trl Incom• Bank int•rest remivable Totsl Incom• 809.058 574,993 21
SOUTHPORT GYMNASTICS CLUB C.I.O. Charitable Incorporated Oryanisation Detsiled Statement of Flnan¢lal Activitie3 (continu•d) Year ended 31 August 2025 2025 2024 Expenditur• Cost of ggnerntlng fund* Wages and salaries Other office costs Establishment costs communicats.ons and IT General Office Fundraising event cosls 9,709 138 1,751 163 9,850 236 1,562 248 156 2,878 3,955 16,7n 14,930 Expendllure on ¢harltable acllvllles Purchases of merchandise & Tea bar costs Wages and salaries Rates and water Light and heat Repairs and maintenance Other establishment Motor Vehicle expenses Telephone Other office C¢)sts Depreciation Gym activity and Competition costs 43,016 303.190 6,794 17,873 6,843 6,873 6,352 326 138 20,829 14,175 31,165 287,772 5,459 18,603 4,768 3,874 5727 265 555 19.424 14,424 426A09 392,036 othor oxpondllyrg Staff costs British Gymnastt¢g membership fees Insurance Support costs- establishrnt txssts Support Costs- Gommunications and IT Support costs- general office Accountancy and payroll ¢harges Professional fees Bank charges Bad debts Depreciation 51,236 3,872 7.718 1,751 2,769 2.500 4.560 52.910 1,901 6,720 2.227 4.214 2,418 4,212 1,914 2,910 723 3.238 80 82 Total expendltur• 322,554 498.875 Not Incom• 86,504 85,118