REGISTERED COMPANY 14UMbEA: 08664338 (Englahd •nd Wale$) ' REGZSTEREO CMARXTY NUMBER: 1168497 Unaudlted Fln•rti•l Sltemtnts for th• Y#r End•d 31 Octobtr 2022 'AC8K86VK 2W712023 COMPANIES H(XJSE A15 43 Clayton & Brewii Chartered Accountants Giwley House 149-J55 Canal Strett Nottlngham NottiNJhamshlre NGI 7HR
Er•wash Vall•y Gymn•stics Club Ltd Cortents ol the Fln•nd•l Statements l•r the year ended 31 October 2022 Page Report of the Trustees I to.3 Xndepethd•nt E¥•mln•rfs Report Statement of Flnancl•l Acilvli C••h Fl•w Stat¢m¢nt Notes to the C•sh Flow Ststement . Not•* to th• Flnancl•l Stat•m•rtts 9 ro IS Delalled Statement of Flnand•l Acllvl 16 to 17
Erwmsh Vll•y Gymna1 aub Ltd Report of th• Trust¢es f•r th year •ndqd 31. ¢ktobw 2022. The trustees who are also dlrectors of the charity for the purposes of the Companles Art 2006. present their report v•ith the finandal statements ol the charity ktr the vear ended 31 October 2022. The trustees have adopied the provi51ons Of Acmunty"n9 and Reportmg by Charltles: Statement of Recommended Prartlce appllcable to chartles pffeparln9 their accounts In accordance wlih the Finan¢ial Reportin9 Stsndard appllcable In the UK and Republlc of Ireland {FRS 102) (elfective l January 2019). OBJECTIVES AND ACTivmES Objeetlvts Jnd •lms The charfty's obJectl¥e Is the promot)n of commurity rtIcIpatI¢>n In heathy retreotlon fof the benefit of the Inhabitants of Erewash and the surrtyJrKlkwJ a. by provlsknn of facilitle$ and coachlng for 9vmnastits. Our Vl¥loTr We want to make-EVGC o centre of ex¢elknce for all abilities and to unl¢xk every Individual's potentlal. To facllltate a dlverse range of gyrnnasbrs arKI 5PQrttsi9 actyvw. We want to brin9 the fun and benefits of 9ymnastlcs to everyone In our mnIty. Pubk Ben•fbt The trustees confirni that they have refer to the Charty Cornmlsslon guldance on ptsb1 benefit and meet the guldellnes thrtJh the charity's alm and objectives antl In plannlng luture artlvltyes In the provblon of 9ymnastic actl¥ltfjes. EVGC operates over two sltes and we alm to allow as many different people and oryanlsatlons to use the faclllts. We wart to erKourage more peoFAe to 4Jet and rnaIn actlve as 5POrt partlclpation has a posltfjve Impact on health and wellbeln9. Our alm Is tts provlde fftness. fun and frNlshlp at •n affordable wke. offerfn9 place5 to all re9ardle55 of age, ablllty or economk drcumStan$. To thls eThJ we offer sesslons Irom uthler 5's tots se557n to aduAs. re¢xeJtknal level gymna¢$ to an ¢h"te squad tralnww programme. We alx• have additional facility"e5 of meety.ng Spaces and café area for oryantsab.ons ar#1 Indfjvlduals to meet and soda115e whlth are open to all. EVGC offer Spa to other sPts dubs. wKludln9 P119 a pernianent tme to a lotal boxlng chA> (LEA8CI. STIiATEfjZC REPORT AehlevemeThl and perlormn¢e Ch•rlt•blè *¢tivltle$ The chèrivs missSon Is to offer 9yrnrts for all by delfverlng a fange of differe(bt opportunities to partlopate in the gym. These Inch. Preschool sesslon. age related fun recreatlonal levÈl gymnastlcs sesslons to squad level tralnlng. school holldoy lun days. festivals, camfval and external event partidpatk)n. Inttmal bad9e scheme, home sth)ol sessior. chthlwen's partles, freestyre and adults. we adapt our offer regukrty to efta¢ as mjny oryan15atKinJl and lThJividuaL8 to partlcipate ar)d use the radibty a5 possbbfe. EVGC operates 2 site5 and we are continulwwj to expaThJ and devebop our buildln9. ewlpment aTha se5$1on to allow rn0 people to partldpate. Fln•nd•l rtvlew Fln•ncl•l pggltoon Overall Income Increased from £507.692 In ZOZI to E600.189 kn 2022 and expenditure intreased durlng the year from £572.752 In 2021 to £666,054 In 2022. The chortty made a deft¢t uf £65.866 (2021.'£65,060) fw the year to 31st ottober 2022. Page I
Er•wash V•ll•y Gymn•stks Club Ltd Report of the Tnwtees fr•r th• y••r •nd•d 31 October 2022 STRATEGIC REPORT Flnanclal revlew Reswves poNcy The thaty has a policy for Its resetrves that we target to hold enough cash reserves lor month ftxed runnlng costs and specific targets for EIGC expalOn project and for cyclal rep5Jcewr¢nt of gymnastits ktt. Cover runnlng costs and unforeseen emer9ency Income Is 5eJsonal and cjn drop off In July and December so to support the operaiional requIrnent of seasonalbty we aim to have 2 months fixed costs as a re5eThe. Equlpmeni replacement costs GyMnleS equlpment Is Cosily and reoulres a cydlcal p1a(emert program evGC will look to place £l.000 per month from In¢ornt Into resaves to faclitate thls replacement.in the coming year (the wlll be expeftdrtu also In year) with ) ¥ to contlnuln9 to bulld this pot to repw equlpment as required. As at 31 October 2022 the charlty W reser¥es of £115.494 {2021: E181.360). STRUCTURE. GOVERNANCE AND MANAGEME14T Governing doeurnent The charity Is controlled by its 9overnlng document. a deed of trus¢ ar1 c4>nstrtutes a Ilmlted cornpany Ilmited by guarantee, as defined by thè Compans Act 2006. The charlty Is 9overned by its Memorandum and Arttdes of A5sociatÉon dated 27 August 2013. and amended by specitil resolutlon on 27 June 2016. Recrullment and appolntment of new tn The minimum number of dfjrectors shall be three knJt 15 not 5ubJert to any maxlmum. Directors / Trustées art appolnted by ordh)ary resoluth)n elther by: Appolntment by other DIOrS l Trustees Appolntment at an AGM EVGC Dlrertors l Trustees Jre u5ualty recTuted by I1 advertfjski9 and COMmendatn. expre551on of Interests a submitted and these are voted on. Organls•tk¥MI s¢Tu¢ture Erewash Valley Gyrnnastlc5 Cb ts managed by a Board of Dlrectors who are tnjstees to the Charfty. Our Olrectors are vohjnteers who give of ther tirne freety io the dub. The 15 to develop the 5trdte9y for EVGC, ensurirg charity assets are mana9ed to support the dub management team in the operatlDnal management of the dub. Each Dlrector has a 5pecffi¢ arta of the club that they support based on the swlls they brlng to Ihe dub and each area has a lead dlrertor and a support dlrector, thls Is mIrrod In the club where these areas are a$STred to the management and fvll tr.me staff to ensure we malntain focus on the key areas whkh art.. HR. FInan. H&S. Welfare. crasse5. Fundrai4ng, 8uslness pLinnlrKJ. MarketSn9. Insuran and Commvnty. Dlrertors meet once a month for an offldal board meetin9 tt often get Involved wlth events and projects runnin9 withln the club. EVGC has thfee dlrectors and Is Curn11y looklng to expand our board wlth ¢)ther Ibke-Mlred Peop who can expand our expertise wtthln this niche buslness. Day to day runnlng of the charity is dwnated to the mana9ement tsam. XThduction and tralnlng of new trustees The Oirettors l Trustees meet lornially monthty. New trnstees are encwraged to famlllarise themselves with charY laws. the finandal portS of the db and to atteNJ staff meetings and events to galn kredge of the operational worklngs of the club. Pa9e 2
Report of the Tru>te for the year ended 31 Octob•r 2022 REFERE14CE AMD AOMINISThATIVE DETAILS Reglstered Company number 08664338 (England and Waks) Regl•tere41 Ch¥Jrfty Mwnber 1168497 allam Fkelds Road Ilkeston Derby5hlre DE7 4AZ Mrs M S Marshall Mr5 R C Harbey Mrs K M Kearns Mrs J Dlxon (appolnted 10.5.2022) S Chaston A Ped( (reslgned 3.5.2022) Company Sacrntary Mrs R C Harbey Ind•p•ndent Ex•miner Douglas Perry Clayton & Brewlll Chartered Accountants Cawley House 149-155 Canal street Nottbngham Nottln9hamshlre NGI 7MR Report ol the trustees, In¢orporating a strateglc report approved by order of the bDard ol trusiees, as . and slgned on the board's behalf by: Mrs M S Marshall - Trustee Page 3
Independ•nt Examln•rfs Report to the Truste•6 01 Erewash Valléy Gymnastks Club Ltd ind•pendent èxamln•rfs report to th• trust•es ol trw4•sh V•ll•y GvmMsll Cbyb Ltd ('th• Company.) I report to the charlty trustees on my examlnation of the accnts of Ihe Company for the year erwjed 31 (Ictober 2022. Responslbllltlu and basls ol report As the charity's trustees of the Company (and also Its dlrectoys for the purp05e5 of company lawl you are resporbIe for the preparatvJn of the 4ccounts.ln accordance wllh the requlrements of the Companles Art 2006 ('the 2006 Act.). Having satrIed myself that the accounts of the Company are not requlred to be 4ydlted under Part 16 of the 2006 Aci and are eligible for InLlependent examlnatlon. I report In respect of my examination of your charlty's accounts as carried out under Sect¥)n 145 of the Charlts Art 2011 1.the 2011 Art'l. In ¢arrylng Ollt my examlnation I have followed the DlrertKins 9P4en by the Charity Commissh)n under Sertlon 145{5) (bl of the 2011 Act. Indepeodent ex•mlner'$ 5tstem¢nt SlrKe your charfjty's gross Income exceeded £250,000 examlnw must be a member of a llsted bCy. I can connrm that l am qualllbed to undertake the examInotn because l arn a member of the In$titute of Chartered Attountants in En9land and Waks. vihKh is one of the Ited bodies. I have completed my examination. I confim that no matters have come to my attention in tonnertion with the examinatiw giving me cause to belleve: accountirtg records were not kept In res of the Company as requlred by Sethon 386 of the 2W6 Act; or the accounts do rMX with tlwAe r¢ords; or the accounts do rM>t compjy wlth the accounb.ng requlrements of Sertlon 396 of the 2006 Act other than any rtoulrement that the accounts 9ive a tn and fair vlew• whlth Is not a matter consldered as part of an independent examlnati¢)n- or the accounts have not been prepared kn accordan with the method5 and prlndples of the statement of Recommended PractKe for aCtntIng and reporting by charitles (applicable to thariries ppardj thelr accounts In accordance wlth the FIlnal Reportlng standard appltcabk In the UK and Republlc of IrelarKt {FRS 102)). I havè no COnmS and have come acxoss other maiters In connertion wbth the examlnation to whKh ItntIOn should be drnwn in this rePt In order to enable a proper understsndiftg of tr accounts to be reKhed. Oovglas Perry Clayton & Brewlll Chartered Accountarts Cawley House 149.155 Canal Street Nottlngham Nottlnghamshlre NGI 7HR Page 4
Er•wash Valley Gymrtastks Club Ltd stateftftt ol Fln•nd•l Actlvlti (Incovporntln9 an Incorne and Expefidlture Ac<ount) lor the year •Ml•d 311)¢tob•r 2022 2022 Total furbds 2021 Totsl fvnds fvnds fvnd INCOM AMD ENDOWMEIITS FROM Donalfons and ga¢les 3,330 3.330 1.439 Chorltsbl• •thltle• Gerteral Resiricted 497.029 497.029 16.667 295.469 IS.202 16.667 Other tradln9 actlvltles Investment income Other Income 49.981 49.981 12,284 33.174 33.174 183.298 Total 583.521 16.667 600.188 507,692 EXPENDfKuRE ON Ralslng funds 5.965 5,965 Chjrltsble adlvltles General Restrirted 641.530 641.530 12.572 556,333 15.535 12.572 Other 5.987 5.987 Tot•1 653.482 12.572 666.054 572.752 NEY iNCOMEI(EXPeNOrnJAE) (69.961) 4.095 {65.866) (65.060) RECONCIUATXOt4 OF FUMDS Total fvnds brought fofward 181,360 181.360 246.420 TOTAL FUNDS CARftD FORWARD 111.399 4.095 115.494 181.360
Er•wash V•ll•y Gymn•stlu Club Ltd Oal•nce Sheet 31 Ortobw 2022 2022 Total fvnds 2021 Total funds UrwestrKted Re5trlcted fvrnls fvnd FIXED ASSETS Tangible assets 13 1.056.002 20.761 1.076.763 1.189.823 CURRENT ASSETS Debior5 Cash at bank and In hand 14 1.930 33.123 1.930 33.123 2,553 7,495 35,OS3 35.053 10.048 CREDITORS Amounts falllng due wlthln one year 15 (31.S60) (16.666) (48.226) (78.966) NET CURRENT Assevs 3.493 (16,666) (13,173) (68,918) TOTAL ASSETS LESS CURRENT LIAblLiTXES 1.059,495 4.095 1.063,590 1,120,905 CREDITORS Amounis fallin9 due after mort tIMn one year 16 (948.096) 1948.096) {939.545) NET ASSETS 111.399 4.095 115.494 181,360 FLINDS Unrestrtrte(l fvrKIs Re5trirted ftsnds 19 111,399 4.095 181,360 TOTAL FUNDS 115.494 181.360 The tharltsble company 15 entltled to exemption ftom •Jdlt under Secith 477 of the Compans Act 2006 for the year ended 31 October 2022. The members have not reoLFired the company to obtain an avdlt of flnanclal statements for the year ended 31 October 2022 In accordan wlth Sect 476 of Cornpan Act 2006. The trustees acknowledge thelr responslbllits f (a) ensurin9 that the chèrltable company keeps accountthg records that comply wlth Sectk•nS 386 and 387 of the Companles Art 2006 and preparlng financial statements whhth gfve a true and tslr view of the stste of affilr5 of the charitable company as at the end of eath finandal year and of its surplus or deflcit for eath financSal year in accordance wlth thè requlrements of SettJns 394 and 395 and whlth otherwlse comply wlth the requirements of the Comp4nles Act 21x16 lating to fin41 statements. $0 far 45 appllcable to the Charitab crynpany. Ibl The financtal statements were tpproved by the 8oard of Trusiees and authorlsed fr•r bssue on .Q¢...Jas....Qo.%S............... and were sljned on s behalf by.. M S Marshall - Trustee The Tr)tes forni part of these fin•ndal statements Page 6
Erewash V•lley GymThath Clyb Ltd C#h Flow Stat•m•nt tor thè year ended 31 Ocitsber 2022 2022 2021 Cash Ilows from operatlhg •ctl¥ltl•s Cash gelated from oprations Interest pald 40,066 (22.629) (2S,347) 17,0971 W cash provkled byl(LLsed kn) operaUn9 adi¥itles 17,437 (32.444) Cash Ilows from InveUn9 athitl•s Purchase of tangibte fixed assets {14.360) (22.336) Net cash used In Investor acvviues (14.360) (22.336) Cash flows from Ilmndng adlvltles Interest charged but not pakl 22,S51 7,096 Net cash provlded by lknancln9 actbvfju 22.551 Change In ush and cash •4ulval•nts in the reportirtg pari Cash and cash oquivolents at the begloDlng of the rnportlng perfod 25.628 (47,684) 7.495 55.179 ash and e•sh equlvaknts •t th• end of the reportlo9 perlod 33.123 7,495 The notes forni part of these Anal ststements Pagt 7
Erewash Vall•y 6yM•stlcs Club Ltd Not•* to the Cash Flow Ststemenl for the year ended 31 October 2022 RECONCILIATION OF NET EXPENDrnIRE TO NET CASM FLOW FROM OPERATING 2022 2021 Net expondlture for the reportlng p¢rW (as pv the statement ot Fln•n¢lal Actlvilles) Adjustments for. DepètIon charge5 Interest pal(1 Increase In debtors Deuea5e in creditor5 (65,866) 165.060) 127.419 22,629 (27,376) (16.740) 143.122 7.097 11,8471 1108.6591 14et <ash pMvld•d byl(used In) •Per•¢ 40,066 (25.3471 ANALVSTS OF CHANGES IN NET DEBT At 1.11.21 Cash Ilow At 31.10.22 Net cash Cash at bank and In hand 7.495 25.628 33.123 7.495 25.628 33,123 Debt Debts falung due wlthin l year Debts falling due aftts I year 127.788) {939.545) 14.000 (13,7881 (8.551) (948,096) (967.333) 5.449 {961,8841 Totsl (959.8381 31.077 (928.7611 The notes fvrm part of these financial statements Page e
Evewa•h V•ll¢y Gymna•doB Club Lld Notes to the Fknandal Statemwts for tha ye•r ended 31 Iktober 2022 ACCOUNTING POLiaES Dasi ol prep•rln9 th• fln•nc¥•l s&tements The flnandal statements of the charitable company. %Yhlch ts a public benefft entlty under FRS 102, have been prepared In accordance wlth the Charltfjes SORP (FRS 102) 'Accountlng and Reportln9 by Charities.. Statement ol Recomrnended PraLtre applicable to chartt$ preparlng thelr accounts In a¢¢or¢lance wlth the Flnancial Reporb"n9 Standard appficable In the UK and Rewbllc of Ireland {FRS 1021 (effectlve l January 20191,. FInaTal Reporting Standard 102 The Financial ReFrtIng Stsndard app1kab In the UK and RewblK of Ireland. and the Coffwnle5 Act 2006. The flnanclal ststements have been prepared under the hisiorbcal cost conventlon. Income All Income fis recognised In the Stawneni of Finanoal Activitbes On the charbty has enutlement to the hJnd5. It is probable that the irKome wlll be recei¥ed and the amount can be measured reliabty. Expendlturt Lfjabllitles a reco9nised as expenditure as soon as there Is a legal or constnKtlve obli9atipn committin9 the charlty to that expendthre. it Is probable that a trnnsfer of eeonomlc benefits WSH be requlred In settlement and the amount of the obllgat¢on can be measured rellably. Expendlture Is accounted ft>r on an accruals bas15 and has been dassffied under headlngs that aggregate all cost related to the catty)ry. Where costs Cartrt be directty aitributeo to particular headings they have been a114)cated to attiviues on a ba515 corELstent wlth the use of resources. Tanglble Ilxed ¢1$ OepreciatKJn 15 provlded at the folkJwfjn9 annval rates In order to TMrfte off each asset over Its estlmated useful Ufe. Freehold prnperty Flxtures and fittlngs 2% of cost or ¥aaon on cost T4xatlon The ¢h?rlty Ss èxempt from cryrnt#in tsx on fits tharltable artlvkles. Fund ac¢ounllDg Unrestrkted lunds can be used in JccwdarKe wth dwrftable obJecilve5 at the discretlon of the trustees. Restrtcted fvnds can onty be useil for portlcular relcted purposes wtthln the objerts of the charfty. Restrlrtlons arlse when 5cthed by the dOrr or when fvnds are ralsed fv rtICular resttted purposes. Further explanation of the Trature and puTrose of eath fvnd Is IDcludÈd In the notes tts the fwncfjal statements. Hlf• PurChe and l••ln9 commitments Renta55 pald under operatin9 leases are thJr9ed to Statement of Flnancial A¢tlvitle5 on a straht Isne basis over the perlod of the lease. The charttable company operates a deftned contrbbuth)n penslon stheme. Qntrlbutbons payabk to the ¢h4rttèble ttmpany'5 p$10 scheme ?re tharyed to the Statement of Flnandal Artlvlties In the pethd to whl¢h they relate. Company sta$ The charity Is a company Ilmited by warantee. In the event of Ihè comnY beln9 wound up. the Ilabllty of eath member Is lkniited to £10 as defined by the artlcles jssodatlon. P4ge 9 ontynued...
trewa•h Valley Gymo•s¢1 Cl¥b Ltd Notes to the Fln•belal Statements. t4>mtlnu•d for the year enthd 31 Oc¢ober 2022 DONA7XONS AND LEGACIES 2022 2021 Donatlons 3,330 1,439 OTHER TRADING ACTIVMES 2022 2021 Fundraislng e¥entS Shop kKome 22,653 27.328 3,345 8.939 49.981 12,284 INVESTMENT INCOME 2022 2021 Interest Recelved INCOME FROM CHARrrA¥LE ACTIVITIES 2022 2021 Acbvlty General 423,566 257,549 Donated ser¥lte5 & facllitles Room hlre Awards Grant5 Grants Gerwal Ger*ral General General 47.063 22.139 1.462 2.799 16,667 28.617 8.673 629 15.202 513,696 310,671 RAISING FUNDS R•tslng doD•tl+)n$ •nd leg•des 2022 2021 Fundrnislng 5.965 884 CNARJTABLE ACTIVITIES COSTS support costs (see note 8) Olrect Totals General 515.749 125,781 12.S72 641,530 12,572 515.749 138.353 654,102 Page 10 contlnued...
Erewa•h Valley Gymn•stks aub Ltd Notes tt¥ the Flnandal Ststements- contlnued lor the year ended 31 Ortober 2022 SUPPORT COSTS Totals Otr reswwte5 expended General Restrtrted 5.987 8.435 S,987 J25,781 12,572 114.847 12.572 2.499 14.422 127.419 2.499 144.340 NET X14COMEI(EXPENDITVRE) Net Incornel(expendltuwe} ts stared ats tharylngl{credltbrw): 2022 2021 Acan - Independent eX•rnlnaVM revlew Depretiation - owned assets Ckner operatlng leases 2,499 127.420 15.000 2,413 118.754 19.140 10. TRUSTEES. REMUNERATIOM AND BENEFITS There were no trustees. rernuneratlon other b}efits for the year ended 31 October 2022 nor ftr ' the year ended 31 ottober 2021. There were no tru5tees' expenses pald fDr th2 year ended 31 Ortober 2022 for the year ended 31 Ortober 2021. 11. srAFF COSTS 2022 2021 Wages and salars Socbal Serity costs Othtr pen51on costs 299.654 46.518 16.341 270,836 40,486 15,899 362.513 327,221 The average monthty nurnber of empkyees durtr¥J the year was as IlI)s. 2022 2021 43 Employees No employees recelved ernoluments in excess of £60.000. Key manjgemert per$oF¢1 cornprtse the twstees 3 managers. The total empknyee beneAts of the key per$¢Ye1 of dwrty were É75.030 (2021 É87.344). Pa9e 11 contlnued,..
Erewash Valley Gymnastirs Club Ltd 14•¢es ¢0 the FlnaThclal Ststem¢nts- <tInU for the year ended 31 Ortober 2022 11 COMPARATIVES FOR THE sfATEMEKf OF FINANCIAL ACTIVITIES Unrestrfcted Re5trtrted fvnds nd Totsl nds INCOME AND ENDOWMENTS FROM Donation5 and legaC•?S 1.438 1.439 Charltable actlvltlos General Re5trlct 295.469 295.469 15.202 15.202 other tradlng act*¥Ie$ Olher Income 12.284 183.298 12.284 183.298 Tol•l 492.489 15.203 507.692 EXPENDITURE 014 Rolsing funds Charll•bl• actlvltl•• General Restricied 5%.333 556,333 15.535 IS.S35 Total 557.217 15.535 572.752 NET INCOMEI(EXPE14DmiRE) Transl¢rs tWeeTr lunds 164,728) 45.886 {332) (45.886) (65,060) N•t movement f¥nd$ 118.842) (46,218) 165,060) RECONaUATION OF FUNDS Total fvntls brought fward 21KI.202 46.218 246.420 TOTAL FUNDS CARRIEO FORWARD 181,360 181,360 IA TA14GIBLE FIXED ASSETS Ffjxtures and ffttin9S Freehold woperty Totals COST At l November 2021 Add¢tlons 1.374.S86 10.080 172,534 4,280 1.547,120 14,360 At 31 October 2022 1.384.666 176.B14 1.561,480 DEPRECIATION At l November 2021 Charge for year 221.305 93.330 135,992 34,090 357,297 127,420 At 31 October 2022 314.635 170.Q82 484.717 NET BOOK VALUE At 31 Ottober 2022 1.070.031 6,732 1,076,763 At 31 October 2021 1.153.281 36,542 1.189,823 P49e 12 contlnued...
Erew•sh Valky GymnasUcs aub Ltd Notrs to the fihanclal Stat•meTrlS - COhtlnu•d for the yr ended 31 OrtolKr 2022 I& DEBTORS: AMOUNTS FALLING DUE wmiim ONE YEAR 2022 2021 Trade debto Prepayments and accrued Income 1.200 730 991 1,562 1.930 2,553 CREDITORS: A140UNTS FALLING DUE vim1114 ONE YEAR 2022 2021 Other loans (see Mte 17) Trade creditor5 Social security and other taxes Accruals and deferred Income 13.788 11.195 4,022 19,221 27,788 6.945 4,138 40.095 48,226 78.966 CREDtroRS: AMOUIITS FALUNG DUE AFTEIi MORE THAN 014E YEAR 2022 2021 Other Ioaft5 (see note 17) 948.096 939.545 17. LOA14S An analysLs of the maturlty of roans Is glwi betow: 2022 2021 Arnount5 falling due wlthln one ye•r 4)n dem•ThJ: Other loons 13.788 27.788 Amounts tslllng between one aNI two year5.. Other kians - 1-2 years 14.ty)0 Amounts falllng due betsyeen two and fve year5: Other loans - 2-5 years 948.096 92S.545 SECURED DeBYS The followln9 secured debts are kndvded wlthkn credltows: 2022 2021 All monks due or to become due from Erewash Valley Gymnastks aub rnited to City Trustees Lknlted & Robert Oavhj Harbey as trustses for Robert Davkl Harbey (CPPI a secured by a tharge djted 26 August 2016 tsver land on the rrth slde of Hallam Fbelds Road, Ilkeston. DE7 4AZ re9tstered under tltle number OY505018. Page 13 contlnued...
N•tes to the Finan(ial Statements- conllnu•d for the ye•r ended 31 October 2022 19. MOVE14ENT IN FUNDS Net movement In funds At 31.10.22 1.11.21 Unrestrlrted funds General fund 181.360 169.961) 111.399 Regtrlrted lunds Restrlrted Fund 4.095 4,095 TOTAL FUNDS 181,360 (65.866) 115,494 Net movement In funds. Induded In the above are as folh)ws: IrK¢rfnthYJ ResoLtrces Movement resources expended in fvnds UhrÈstrOcted funds General fund 583.521 (653.482) (69.961 > Rutr4¢t•d fund$ Restn'cted Fund 16,667 (12.572) 4,095 TOTAL FUNOS 600,188 1666,054) 165.8661 Compar•tiv•$ low mov•ment in funds Net Transfers movement between In funds funds At 31.10.21 i.ii.zo Unrestrlcted funds General fvnd 200.202 (64,728) 45.886 181.360 Restrlct•d funds Restricted Fund 46.218 (332) (45.886) TOTAL FV14DS 246.420 (65,060) 181,360 Cofflparatlve net movement In fur¥Js. trKWed In the above are as foifo¥¥s: Incomln9 resources Resources expended Movement In funds Unrestrlcted funds General lurtd 492.489 (SS7.217) {64.728) Restrlcted funds Restrirted Fund 15,203 (15.535) {332) TOTAL FUNDS 507.692 {572.752) 165.060) Pa9e 14 contlnued...
erer••h V•lley Gymn•>tk4 aub Ltd Nates to the Flnanthl Statemenls- ¢gntlnued for th• yw endé4131 October 2022... 19. MOVEMENT IN FUNDS- t4Nbtinued A ojrrent year 12 month5 and prlor year 12 month5 combKd p05itw)n 15 as folh)w5: ' Transfers between funds mo¥emÈrt In funds At 31.10.22 1.11.20 Gerberal fvnd 200.202 (134.689) 45.886 111.399 46.218 3.763 (45.886) 4.095 TOTAL FUNDS 246.4x1 (130.9261 IIS.494 A current year 12 month5 aNI prl¢x year 12 months cined net movement In fvnds. IndL&4ed In the above are as follows: lrtoming Re50uros Movement restwrets expended in fvnds Unrestrfrted lunds General fund 1.076.010 (A.210.699) (134.689) R¢strkted funds Restricted Fund 31.870 (28.107) 3.763 TOTAL FiINDS 1.107.880 (1.238.806) {130,926) 20. RELATED PARTY DISCLOSVRES Employee MISS H Gibbs is the daughter of trusiee K Keams. She was paid remunerntlon totallSn9 £28,262 (2021 É22.2701 durfir4J the year. (hjring year, Mr R Harbey charged interest on a roan to drity at 2.5% with a iotsl Interest ¢har9e of E22.551. As at 31 Ortobv 2022 the totsl amourt o¥¥ed to Mr R Harty and assocfjated partles IS £948,096. Page 15
Erewash Valley Gymnmtks Club Ltd Detalled Statement ot Finandal Activitl•s lor the year ended 31 Ortob¢r 2022 2022 2021 INCOME A14D ENDOWMENTS Donatlons and legacl•s Donations 3.330 1,439 other tradin9 •Ctlvltles Furtdraislng events Shop income 22,653 27.328 3.345 8,939 49.981 12.284 Investmt Income . Intsresi Re¢efved Ch•rltable actlvltles Fees Donated services & facilltlts Room hlre Awards Grants 423,566 47.063 22.139 1.462 19,466 257.549 28.617 8.673 629 15,203 513.696 310.671 Other Income Other Income HMRC - Furlough stheme BUSI5 grant Sport England 33.174 15.756 87.356 72,275 7,911 33.174 183.298 T•tal Ihcomlng Yesourt 600.188 507,692 EXPENDITURE R•lsing don•tlon# and legacl•s Fundralskng 5.965 Charlt¥bl• •¢tlvllles Wages Social 5ewrity Penslon5 Rent Rates and water Insurance Llght and heat Telephone Advertislng Sundrles aothlng Competltyons Tralning Refreshments Cornwter costs Carrled forward 299.654 46.518 16.341 Is.000 6.711 5.144 26.729 1.386 462 24,329 4,896 .141 8,427 10.322 1.016 475.076 270,836 40.486 15.899 19.140 3,355 2,955 16,980 4,396 17,694 8,951 1,404 3,544 1.460 1.495 408.59S Thi5 page does not forni part of the statutory financlal statements Page 16
Ernnsh Vallry Gymnastks Cb Ltd Delalled St•tement of Flnanclal Arti¥*les for the year ended 31 1)ct•)ber 2022 2022 2021 Ch•ritable •¢tl¥ltl•s Brought forward Travel Property repalrs Mortgjge 475.076 344 17.700 22,629 408.595 32 9.278 7.097 515.749 425.002 Support costs FlTrNnce Bank charges 14.422 1,331 Olher Freehold property FLxiu¥es Ilttlngs 93.330 34.089 91.705 51.417 127.419 143,122 Governance costs Accountancy- Independent examlnalk>n vlew 2.499 2.413 Total resources expended 666.054 572,752 N•t •xpendltuM (65,866) {65,060} Thls pa9e does not form part of ithe statutory financfjal rtatements Page 17