## **RAANS GYMNASTICS CLUB** **TRUSTEES REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2024** ## **RAANS GYMNASTICS CLUB** Trustees Robert David Hirst - Chaiman Nicholas Paul Henry Berkinyoung Paul Morris Secretary Nicola Stemp Charity Registration Number: 1164624 Principal Address: 4 Poles Hill Chesham Buckinghamshire HP5 2QP Independent Examiner: Elizabeth Anne Russell (ACMA) Parabadu Design Ltd Chouans Barn Hawridge Lane Bellingdon Buckinghamshire HP5 2XX ## **RAANS GYMNASTICS CLUB** ## **Contents** ||**Page**| |---|---| |Chairmans (Trustee) report|1| |Independent examiners’ report|2| |Profit and Loss|3| |Balance Sheet|4| |CC17a Section A|5| |CC17a Section B|6| |Notes to the accounts|7-19| ## **Chairmans Report 31.08.2024** The object of Raans Gymnastics Club is the promotion of community participation in healthy recreation. We achieve this by providing facilities and instruction of gymnastics and related activities. Raans Gymnastics Club has achieved its purpose in the promotion of the sport within the community. The main participants are principally children of school age. In addition to providing coaching and instruction of gymnastics, the club also trains and develops coaches and is therefore an employer of young people. Whilst there is at present insufficient demand to offer classes to adults, the charity does not have a coach qualified to run a disability gymnastics session, the potential for including these participants is kept under periodic review. The charity pays its own costs to carry out its work. Raans Gymnastics Club has relaunched itself after the issues of COVID and moved to a new venue. This has obviously had an impact on the club's financial position which is finely balanced. The current economic issues affecting everyone will no doubt still add cause for further concern. Raans is now competing with smaller privately run clubs for gymnasts. These clubs operate in smaller cheaper venues focusing on very young children, which obviously has an impact on the Raans business model. It was hoped that Raans may benefit as these gymnasts mature, attracted to our club for our better facilities. Unfortunately, this has not generally proved to be the case as young people drop out of the sport. However, with the ongoing enthusiasm of our staff and the support of our customers we hope to overcome these issues. Our staff includes a Gym Manager, a Club Secretary & our coaches are employed on a zero hours basis. Many are restricted on the hours they can work due to their age. All our coaching staff (of required age) have been DBS checked; our equipment was upgraded when the club changed venue. While the gymnastics coaching is provided by employees of the charity, the Safeguarding activity and some of the administration is carried out by volunteers. Raans continues to offer a good and safe environment for children and young people from the local community to develop their gymnastics skills and abilities. We are also an employer of young people as they progress from gymnast to coach. The club offers coaching to both boys and girls but, most gymnasts are currently girls. One of the clubs main aims is to try to build up the boys numbers within the club. Raans Trustees have agreed and signed off the accounts Robert Hirst, Chairman ## **Independent Examiners Report, for the year ended 31 August 2024** I report to the trustees on my examination of the accounts of the RAANS Gymnastics Club (the trust) for the year ended 31 August 2024. ## **Responsibilities and basis of report** As the charity trustees of the Trust, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (the Act). I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the application directions given by the Charity Commission under section 145 (5)(b) of the Act. ## **Independent Examiners Statement** I have completed my examination. I can confirm the no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. Accounting records were not kept in respect of the Trust as required by section 130 of the Act: or 2. The accounts do not accord with those records or 3. The accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view’ which is not a matter considered part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable proper understanding of the accounts to be reached. Elizabeth Anne Russell (ACMA) Parabadu Design Ltd, Chouans Barn, Hawridge Lane, Bellingdon, HP5 2XX Raans Gymnastics Club Profit and Loss Septernbei 2023 _ Au9USt 2024 Total Sep 2023.Aug 2024 Sep 2022. Aug 2023 DonatK*n• ond HolKlay SessTrDns Other Income 20.00 375.00 1,275.00 1,27S.00 1,956.85 Athanc•+ BGandAffilk*tion Fees 13,189 50 8,638.00 2,T72 00 CoM￿tIt￿}n Feep Merchandise sa￿*. Hood￿9 McTchanilise 5ak8. LeotsTd$ Offl-line Moter￿1 3,416 49 2,45D 55 R¢¢r¢ational Gyrn 5qu&d Fee• Tutnbling Totsl so￿* Totsi Income 102,699 67 ,934 00 1,655 DO 171,161.66 £ 172,562.66 £ 172,562.66 £ 93,326 73 39.653 50 161,303.8B 16S,S3S.7J 165,535.73 Gro*• Profft Expen$e$ A¢Jvert16inWPTQmQtional Bhdge$, Troph￿$ hnd CerdftC4te9 Bfynk BG and BGA Fee• 10D 00 115.72 6723 7,799.00 228.00 8T1 80 6080 7,541.00 Competthn Fees comp￿terCo•t• EventCostS 872 00 Genefal 5upplie• Lleenses 24912 143.28 293 27 132.14 Hood￿$ and Leotsrd 0￿￿e1central Adminl$tratr*e Expen$e$ othcT PTofe*S￿￿¥l sevv￿c& Phyroil C￿orIn0 Coachino Stsff PayToll Ckanng AdmiD Sts Pen*K>n Contnbution• R¢dundancy Payments Tax and WotK*nal In•ur4￿ce T¢)tsl PxyrOII e￿annY Coathino Stkff Phone Co•t• Rent or Le**e of ￿l$dI￿al 5af¢guarding Check$ Stofl Unrform 2,334.03 2,036 76 141.48 40,851 65 31,260 31 31,832 1,79>.40 41,5TI 85 28,284.90 27,￿5 33 1,612.05 8.486 52 71,J78thS £ 7.478 87 64,761.IS 30,288.84 90.00 5.59 28,176.71 138 00 16.00 5u$tenance stock Th*Cre￿ne￿• Trwning ¢our¥¢s Travel ond Accommodation Total Expense met0perati￿a Income Other 1￿CoMe 1,347 00 508.50 I61,?￿S4 £ 14S,2S9.61 2Q,276.IZ Bank InteTe•t Gr•M Income 480.33 Totsl Otherlncoffle Other Expen$e$ UnTeali8ed Gain QT Lo8¥ Depreci&tion Expen•e ¢pr￿￿￿tion Exppn¥¢- r¢v¥luaty) Total OtherExpen•e• etOtheT Incotne 480JJ f 1,262.60 123.00 207 73 330.73 1,?6?.￿ £ 782.27 ?X2S Mei Income 2Q,041AI Raans Gymnastics Club Balance Sheet As of August 31, 2024 Total AsofAug 31. AsofAug 31, 2024 2023 Fixed A8•et Tangible a¥*el* Futureg and Fittings Cost Fixtures and Fitting• Dcprecialion orr￿e Equipment OffKe Equipment Depreciation Total Tangible a*¥et¥ Totsl Fixed Asset Ca8h at bank and in hand BUSINESS BUSINESS AIC RAANS GYM CL149941 Raans Deposit Account Total Cash at bunk and in hand 42,306.40 40.027.20 369.00 -246.00 2,40220 £ 2,40220 £ 38.887.60 -38.687.60 369.00 -123.00 246.00 246. 45.045.46 31.082.78 76,12824 £ 45.414.27 20.602.45 66,016.72 Debtorg Debtors Totsl Debtors 0.￿ £ Current Assets Prepayments Stock of Leotsrds and Hoodbe9 Totsl Current A88et8 0.00 £ Net current asset¥ 76.12B24 £ 66,016.72 Creditors.. amounts falling due within one year Trade Credrtor• Credttors 0.00 0.00 Total Trade Creditors Current LiabilttTre¥ 0.{￿ £ Accru818 925.82 949.61 Deferred revenue Total Current Liabilities 25.066 00 25,991A2 £ 25,991A2 £ 1,136.42 £ $2,53B.62 £ 52,538.62 £ 23.310.37 24,259.9B 24,259.98 41,756.74 42,TrJ2.74 42,Tr)2.74 Total Creditors: amounts falling due within one year Net current as¥et* Iliabiltliesl Totsl assetg legs current liabilitie9 Totsl net assets Iliabilitie81 Capitsl and Reser¥e¥ Opening Balance Equity Retained Earning¥ Proftt for the year Total Capitsl and Reserve8 99.464.94 -57.462.20 10.535.88 52538.62 £ 99,464.94 -77.504.07 20.041.87 42,IX12.74 Annual accounts for the eriod CC17a 01-Sep23 To Penod ond date Penod start date 31-Aug-24 Section A Statement of financial activities Re51ricted income funds Recommended categories by aeuvlty Deiail8 of o analysis Unrestriued funds Endowmeni Total ihis funds year Total last year Inwming resOU￿e5 INote 3 IncomiTrg resources from generated fDnd3 VDluntary ￿c0 F01 F02 F03 F04 F05 soi 20 20 AdN*ies for generating fundj S02 169 112 1£9 112 1£3085 InveSt￿nt￿cOn S03 480 480 Incoming resources f ctharhabbe acimttes S04 OtheriTrt0mi￿V resources SDS 3430 3.420 2451 rotal Ineomlng resources s Resoureès expÈndÈd (Notès 441 173 043 173043 165622 Costs of GeTrerating CTr51s of gentraling w￿￿￿tary coff S07 S08 2_337 Yestrnenl M￿￿age￿nI costs S09 ChariwNe actpirtk?s Slo 158 738 142.907 GOverna￿Ce costs Other res￿ree$ expended $12 1268 1268 347 Total res¢wrees Èxpeftded s13 Ilet incomiftg/(outgoing) resources before translets s14 162 507 162507 145590 10536 10.536 20_042 Gross transf•rs b•tw••n funds S15 Nei tncoffting/(outgoing) resources beftire otherrecognlsed gaIn￿lOSseS) si8 Other recognised gainslllossesl Gains and losses on rewdlu3tion of fix&d ass&ts foi the charity s own use Gains and losses on investment assets 10536 10_536 20.042 S17 S18 Not mOvem￿t in funds s19 10536 20 042 Total funds brought forward Tot41 fvnd5 ￿rried fonv*7rd s21 42.003 42.003 21.961 42 003 Section Balance sheet Re51riaed Unrestrlued Income fuTrds funds EndowmÈni Total ihls funds year Total la yeai Flxed assets F01 2,402 F02 F03 F04 2,402 F05 246 Tangible assets (Note 91 Investsients (Note 101 Total flxed assets Current assets Stock and work In progrÈss Debtors (Note 111 (Shon ternil Investments Cash at bank and in hand Total currentas5•ts 2,402 2,402 6,017 £6,017 86.017 68,017 6017 56,017 Creditors.. amounts falling du• within one year {Note 121 25,992 25,992 24,260 Net eurrent assets/(liabilities) 40,025 40,025 Total asscts less current liabilitics 42,427 42,427 42,003 Creditors.. amounts falling due after one year INot• 121 Provisions for liabiliti•s and charge5 Netassets 42,427 42,427 42 003 Funds of the Charity Unrestricted funds 52,539 52,539 42,003 Restrfeied Income funds INote 131 EndowTnent fund5 INote 131 Total fvnds 52,539 52,539 42 003 Section C Notes to the accounts Note 1 Basis of preparation This Section should b? completed byall eharities. 1.1 Basis ofaccounting These accounts have been prepared on the basis of historic cost (except that investments are shown at marf(et value) In accordance wrth.. AccountiThJ and Re orting by Charities- Statement of Recommended Practice ISORP 20051,. and wth" Accounting Standards". Financial Reporting Standards for Smaller Enterprises IFRSSE)., and wrth the Charities Act. exce t for the followin Give details in this box rfa differnitstandard has been ft*llowed. or -Tick a5 aprxopriate Il all relevant disclosures showN in the ￿Ck have been given then please Iick"Accounting Standards.; 1f disclosures completed In these accounts have been iestiicted to those required by the FRSSE. then please tick Financial Reporting Standards for Smaller Enterprises IFRSSEI" no departures from the chosen standards have been made then delele these words. olheThtrise gNe details of any changes in the boxes 1.2 Change in basis of accounting There has been no change to the accounts'ng policies Ivaluation rules and methods of accounting) since last year l& except for the following). Give details in this box of any matsrial ehanges that have been made. & rf no changes have been rnade to 3ccourrting pjlicies then delete these words. 1.3 Chang•s to pr•vious accounts No changes have been made lo accounts for prewous years Ig$ except for the followingl. Give details in this box of any matsrial ehanges that have been made. Section C Notes to the accounts Icontl Nots2 Accounting policies Thls standard Ilsi of accountèng pollcles has been applled bN the charfty excepi forthose deleted. whe￿ a dlff** or addiuonal policy has been adopted then rhi$ ts ddailed in the box below. INCOMING RESOURCES Recognition of incorning res0￿ree$ These are Included in the Statement of Financial Actnritie5 ISOFAI when-. the charity becomes entitled to the resourcos. the Iruslees are wrtually certain they will receive the r&sourc&s. and the mon&t3ry value c3n b& m&asured with sufficient r81i3bilrty Wher& incoming iesources h8ve r&131ed &xp&nditur&18S Wlth fundraising or contiact incomel th& incomin9 resource5 and related exp8ndilure are report&d gross In th& SOFA Grants and don31ions 3re only Includ&d In the SOFA when the chaiity has unconditional enlrtl8ment lo thg resources Incoming reoourceo with relaied exp8nditure Giants and donaiions Tax recl8Smo on donatlon8 Incoming resources from lax r8cl8ims ar& ineluded in the SOFA 8t the sam8 time as the grft nd gifts to which they relate. Conw8ciual Income and This Is only Included in the SOFA once the r&laled goods oi S?￿1CeS have bèen delNered. perlormance relaied grants Gifts in kind Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount 8Ctually ie8lised Gifts in kind for sale or distri￿tIOn ar& ineluded in the accounts 8s gifts only Tr*then sdd or distributed ty th? chanly Gifts in kind for use by the ehanty are included in the SOFA as ineoming resources *then recewaN8. These are only Included in inconNng resources Imlh an eqU￿SIent amount In resources expended) wher8 th& b8nefit lo th& chanly is reasonably qUan1th3￿8. rn8asuiable and aterial. Thg value pA3ced on these resources Is th8 &Stimat￿ value to th& charity of th8 semce or facility rece￿ed Th& value of any voluntary help reCe￿&d Is not included in the accounts but Is describ8d in the trustees, annual report. Donated oervlces and faciliiies Volunteer help Investmeni Income This Is included in the accounts when reeewat4&. Investtnent gains and losses Thi5 Include5 any gain Dr loss on the Sale of Investments and ally gain OT loss resulting from rÈv2luing irwostments lo markèt value at the end of the year. EXPENDITURE AND LIABILITIES Liability recognition Liaknlilies are recognised as soon as there 15 a legal or constructive oNig*ion comtnitting the chanly to out resources Include costs of the wep3ration and examination of statutDry accounts the costs of trustee rneetings and tost of any legal adw¢È to ttU5tees on gDvernancÈ or tOll5trtutional maitets. Where the chanly gives a grant with condrtions for Its paymellt bein9 3 specthc level of Se￿ryce or output to be prowded. such grant5 are only recognised In the SOFA once the rÈciKxent of Ihe grant has prthrided the spètified sÈNte or oulPUI. Governance costs Grants with perfoitnonce conditlOllS Grants payable without perfortnance conditi0Tr5 Support Costs These are only recognised In the accounts when a commitment has been made and there are conditions to be tnet relatlng lo the grant which remain In the control of the charty- Support costs include central functions and have been allocated lo 8ctMty cost categories on a basis consistent with the use of Te50urces. e9 allocating woperty costs by floor a￿as, or per capita. $12ff tosis by tho time swnt and othèr tosis by their usa9e. ASSETS Tangible fixed assets fot SÈ by charlty These are catxtalised rfthey can be used for tnDTe than one year. and tost at le3St £500. Thoy are valued at cost or a reasonable valuè on receipt. Investtner Itweslments quoted on a reco9nised stock exchange aTe valued at market value al the year end Other investrnenl as5et5 are Included at Iruslees. bp5t estimate (rf [r￿rket Value. Stocks and work in progress These are valued al the lower of cost or market value POLICIES ADOPTED ADDITIONAL TO OR DIFFERENT FROM THOSE ABOVE Section C Notes to the accounts (conti Note 3 Analy81$ of Incomlng r•sour¢•8 Incoming resources maybe furtheranalysed if this would help the reader of the accounts. This year Last year Anal SIS Voluntsry Ineom• Donations and Grfts Grft Aid acies General grants from govemmentlother charrties 20 Membership subscriptions and sponsorships which are In Substance donations Donated oods facilrties and semces Other Total 20 Activities for generating funds Recreational gym Squad fees Other Income Advance + Com on lees BG & Affiliation fees Holida season Tumblin 102.700 93 327 32 934 39 654 13.190 6.448 8.638 1275 375 Totsl 169 112 163 085 Investment income Interest income Dwidend income Rental and leasing Income ot￿r Total 480 S•parat• mat•rlal St•m of incom* Hood￿$ and leotard rec ts Totsl Total Income 173,043 165,632 Anafysis of receipts of government grants Govemment Grant 1- compengation forfudough ment Totsl Please give details of other fonns of government assistsnce from which the ¢harlty has dIr•￿lY beneffted Sects'on C Notes to the accounts (conti Note 4 Analysis of resources expended Resc+urees expended may be further analysed rf this would help the reader r*f the accounts. Thi5 year Last y•ar Analysis Costs of genera￿n9 voluntary Inests of th4 to charlty l