REGisfERED COMPANY NUMBER: 08664338 (England and Wales) REGISTERED CHARrrY NUMBER: 1168497 Unaudited Financial Statements for the Y•ar Ended 31 October 2023 Erewash Valley Gymnastks Club Ltd Clayton & Brewill Chartered Accountants Cawley House 149-155 Canal Street Notb"ngham Nottinghamshire NGI 7HR
erew•8h Valley Gymnastks aub Ltd Contents of the Financial Statements for the year ended 31 October 2023 Pa9e Report of th• Trnstw• I to 3 Independent Exarnlner's Report stat¢m¢nt gf Fln•ndal Actmtles Balance Sheet Cash Flow Ststement Notes to the Cash Fk>w Statem•nt Notes to the Flnandal Statements 9 to 15 Detailed Statom•nt al Financial A¢tlvltles 16 to 17
Erewash Valley Gymnastlcs Club Ltd Report of the Trustees for the ye•r ended 31 October 2023 The trustees who are also direttors of the charoty for the purposes of the Companie5 Act 2006, present thebr report with the financlal statements of the charity for the year ended 31 October 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities.. Statement of Recommended Practi applicable to charities preparing their accounts in accordance with the Finanaal Reporting Standard applicable in the UK and Republic of Ireland (FR5 102) (effecttve l January 2019). OBJECTIVES AND AcThmES ObJ¢rtlves and alms The charity's objecty.ve is the promotion of communty partiopation in healthy recreats'on for the benefit of the inhabitants of Erewash and the 5urn)unding area. by the provisron of facilrties and coaching for gymnastics. Our Vision We want to make EVGC a centre of excellence for all abilities and to unlock every individual's potential. To facilitate a diverse range of gymnastics and swrtin9 activfcies. We wènt to bring the fun and benefits of gyrnnastics to everyone in our community. Public 8en•fit The trustees confirm that they have referred to the Charity CoMmi10n gUan on public benefit and meet the guidelines through the charity's aim and objectives and in planning future actlvltles in the provi51on of gymna5tyc artivities. EVGC operate5 over two sites and we aim to allow as many drfferent people and organisations to use the facilitles. We want to encourage more people to get and remain active as Sport participatw has a positive impact on health and wellbeing. Our airn is to provide fitness, fvn and friendship at an afftirdable price. offering places to all regardle55 of age, ability or economic orcumstsnces. To thls end we offer sessions from under Ss tots SeSOn to adults, recreational level gymnastics to an elite squad training programme. We also have additional faalities of meeting spates and café area for OrgantionS and individuals to meet and S[aliSe which a open to all. EVGC offer space to other swrts clubs. including providin9 a permanent home to a local boxing dub ILEABCI. srRATEGIC REPORT Achlevement and perforniance Charitable artlvltles The charity's mission is to offer gymnastr.cs for all by delivering a range of different opportunities to participate in the gym. These include: Preschool session. age related fun recreational level gymnastits sessions to squad level training. school holiday fijn days. festrvals, carnival and external event participation, internal badge Scheme. home sch1 sessions. childn,$ part, freestyle and adults. We adapt our offer regularly to enae as rnany oryanisational and indtviduals to participate and use the facility as possible. EVGC operates 2 sites and we are continuing to expand and develop our bulldlng. equipment and session to allow more people to participate. September 2023 saw EVGC move into temporary pmiseS in Long Eaton whilst the site is demolished and rebuilt to athieve futu growth. Flnandal revlew Finanoal positio Overall income increased from £600,189 in 2022 to £633,575 in 2023 and expenditure increased during the year from £666,054 in 2022 to £691,010 in 2023. The charity made a deficit of £57.435 (2022:£65.866 defKJt) for the year to 31st October 2023. Page I
Erew•sh Valley Gymnast1¢5 Club Ltd Report of the Trustees for the year ended 31 October 2023 STRATEGIC REPORT Flnanaal review Reserves policy The charity has a policy for its erVeS that we tsrget to hold enough cash reserves for two month fixed running costs and spetifK taryets for the EVGC expansion project and for cydical replacement of gymnastics krt. Cover running costs and Unfo5 emeryency Income 15 seasonal and can drop off in July and December so to support the operational requlrement of seasonalty we aim to have 2 months fixed costs as a reserve. Equipment replacement costs - Gymnastics equhpment is cosvy and requires a cycllcal plaCernent program EVGC w511 look to ace £l.000 per month frorn income into re5eNes to facilitate this replacement in the coming year {there will be expendrture also in year) with a view to continuing to build this pot to replace equipment as required. As at 31 Ottober 2023 the charity had re5erve5 of E218.392 (2022: £IIS,494). srRUCTURE. GOVERNANCE AND MANAGEMENT Governlng document The charity is controlled by ts governing d¢xument. a deed of trust, and constitutes a Ilmlted companyi limited by guarantee. as defined by the Companies Art 2006. The charity is govemed by its Mernorandum and Artides of Assoo"ation dated 27 August 2013. and amended by special resolution on 27 June 2016. Recrultment and appolntment of new truste The minimum number of dirertors shall be three but is not subject to any maximum. Dlrectors / Trustees are appointed by ordinary resolution either by: Appointment by other Dirertors l Trustees Appointment at an AGM EVGC Directors / Trustees are usually ruited by local advertising and recommendation, expresslon of Interests are submitted and these are voted on. Oryanlsatlonal structure Erewash Valley Gymnastics Club is managed by a Board of Directors who a trustees to the Charity. Our Directors are volunteers who give of their time freely to the dub. Their role Is to develop the strategy for EVGC, ensuring charity assets are managed and to support the dub management team in the operational management of the dub. Each Director has a speufic area of the dub that they support based on the skilks they brlng to the dub and each area has a lead director and a support director, this is mirrored in the club where these areas are assigned to the management and full time staff to ensure we maintain fOS on the key area5 whlch are: HR, Finance. H&S. Welfare, Classe5, Fundra&"ng. Business planning. Markth"ng, Insuran and Community. Directors meet once a month for an offiaal board meeting but often get involved wtth events and projertS running within the club. EVGC has five director5 and is currently looking to expand our board with other like-minded people who can expand our expertise wfchin this nbche business. Day to day running of the charity is desi9nated to the management team. Endu¢th)n and training of n•w tyustees The Directors l Trustees meet formally monthly. New trustee5 are encouraged to familiarise themselves wlth charity laws. the financial reports of the dub and to attend stsff meetings and events to gain knowledge of the operaty.onal W01n9S of the club. Page 2
Erewash Valley Gymnastig Qub Ltd Report of the Trustees for the year ended 31 October 2023 REFERENCE AND ADMINisfRATIVÉ DEfAILS Re9lstered Company number 08664338 (England and Wale5) Registered Charlty numb 1168497 Reglstered offlc¢ Hallam Fields Road Ilkeston Derbyshire DE7 4AZ Mrs M S Marshall Mrs R C Harbey Mrs K M Kearns Mrs J Dixon {re5igned l. 1.2023) S Chaston (resigned 1.8.2023) Mrs J Nicklin (appointed 20.3.2024) P Willott (appointed 20.3.2024) Mrs R C Harbey Ind•p•nd•nt Examln Douglas Pery Clayton & Brewill Chartered Accountants Cawley House 149-155 Canal Street Nottingham Nottinghamshire NGI 7HR Report of the trustees, incorporating a strategie report, approved by order of the board of trustee5, as the company directors, on ............................................. and signed on the board's behalf by: Mrs M S Marshall - Trustee Page 3
Independent ExJmlner's Report to the Trustea of Erewash Valley Gymnastlcs Club Ltd Independent examlner's report to trustees of Er•w•sh V•ll•y Gymnastl¢s Club Ltd ('the Comyny.) I report to the charity trustees on my examination of the acc(yJnts of the Company for the year ended 31 Ottober 2023. R•sponslbllltles and basis of report As the charity's tnjstees of the Company (and also ts directors for the purp)ses cl company law) you are responsible for the preparats.on of the accounts in accordance with the requirements of the Companies Act 2006 {'the 2006 Art'l. Having satisfied myself that the accounts of the Company are not requlred to be audited under Part 16 of the 2006 Art and are eligible for independent examinab"on. I report in spett of my examination of your charity's accounts as carried out under Seth"on 145 of the Charity"es Act 2011 ('the 2011 Art,). In carrying out my examination I have followed the Dirertions given by the Charity Commission under SertTron 145(5) Ib) of the 2011 Act. Ind•pendent examlner's stateMt Since your charity's gross income exceeded E250,000 your examiner must be a member of a listed body. I can confirm that l am qualified to undertake the examination because l am a member of the Institute of Chartered Accountants in England and Wale5, which is one of the listed bodies. I have completed my examination. I confim that no matters have come to my attention in connertion with the examination giving me cause to believe- accounting records were not kept in respert <rf the Company as required by Section 386 of the 2006 Art; or the accounts do not accord with those record5; or the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter conSided a5 part of an independent examination: or the accounts have not been prepared in accordance with the method5 and principles of the statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordan with the Finanoal Reporting Stsndard applicable in the UK and Republic of Ireland (FRS 102)). I have no concerns and have come across no other matters in connecbon with the examination to which attention should be drawn in this report in order io enable a proper understsndlng of the accounts to be reached. Douglas Perry Clayton & Brewill Chartered Accountants Cawley House 149-155 Canal Street Nottongham Nottinghamshire NGI 7HR Date: ............................................. Page 4
Erew••h Valley Gymntstics Club Ltd Statement of Flnanclal Actlvltles {Incorpwatlng an Income and Expendlture Account) for the y•ar •nd•d 31 Ortober 2023 2023 Total nds 2022 Totsl funds Unrestricted Restrlrted fvnds fund Notes INCOME AND ENDOWMENTS FROM Donations and legacies 3,903 3.903 3.331 Charitable actlviti General Restricted 527,636 527,636 497,029 16.667 Other trading activitres Investment Income Other Sncome 65.079 161 36,796 65.079 161 36.796 49.981 33,174 Total 633.575 633.575 600.189 EXPENDrruRE ON Raising ftsnds 9.108 9.108 5,965 Ch•rlt•ble Jctlvltles General Restricted 605.497 605.497 1.405 641.531 12.572 1.405 Other 75.000 75.000 5.987 Tot•1 689.605 1.405 691.010 666.055 NET INCOMEI{EXPENDrnIRE) Transfers between funds (56.030) {14.396) (1.4051 14.396 (57.4351 (65.866) 18 Net movement In funds (70.426) 12,991 (57,435) (65,866) RECONCIUATION OF FUNDS Total funds brought fon¥ard 111.399 4.095 115.494 181.360 TOTAL FUNDS CARIUED FORWARD 40,973 17,086 58,059 115,494 The notes fom) part of these financial statements pe5
Erew•sh Valley Gymnastics Club Ltd Balance Sheet 31 October 2023 2023 Total funds 2022 Total fund5 Unrestricted Restn"cted funds fijnd FIXED ASSErs Tangible assets 13 (16.505) 19,356 2,851 1,076,763 CURRENT ASSETS Debtors Cash at bank 14 52.121 34.504 52,121 34,504 1,930 33,123 86,625 86.625 35,053 CREDrroRS Amounts falling due within one year 15 (29. 147) (2.270) (31.417) (48,226) NET CURRENT ASSErs 57,478 (2.270) 55.208 (13,173) TOTAL ASSETS LESS CURRENr UABILrriES 40,973 17.086 58,059 1.063.590 CREDITORS Amounts falllng due after more than one year 16 (948.096) NET ASSETS 40,973 17,086 58,059 115.494 FUNDS Unrestricted fijnds Restricted funds 18 40,973 17,086 111.399 4.095 TOTAL FUNDS 58,059 115.494 The charitable cornpany Is entitled to exemption from audit under Section 477 of the Companies Att 2006 for the year erbded 31 Ortober 2023. The members have not required the company to obtain an audtt of its finanoal statements for the year ended 31 Ottober 2023 in accordan with Sectton 476 of the Companoes Att 2006. The tnjstees acknowledge their respongbilities for (a) ensuring that the charTtable company keeps accwnting records that comply with Sections 386 and 387 ofthe Companies Art 2006 and preparing financial statements which give a true and fair view of the state of affaits of the charitable company as at the end of each financial year and of ts surplus or deficit for each financial year in accordance with the requirements of Sertions 394 and 395 and whith otherwise comply wlth the requirements of the Companies Act 2006 relating to finanoal statements. so far as applicable to the charitsble company. Ib) The financial statements We approved by the Board of Trustees and authorised for issue on . and were signed on its behalf by: M S Marshall - Trustee The notrs forni part of these financial statements Page 6
Erew••h Valley Gymnastics aub Ltd Cash Flow Statement for the year ended 31 October 2023 2023 2022 Cash kn from operntln9 activities Cash generated from operations Intet paid {9.821) 40,066 <22,629) Net cash (used inllprovided by operating activities (9.821) 17,437 Ca•h flows from In¥tIng actlvltles Purchase of tangle fixed assets Sale of tangible fixed assets (4.277) 977.363 (14,360) Net cash provided by/(used in) investing activities 973,086 (14.360) Cash flows from flnandn9 actlvltles Loan repayments in year Intet charyed but not pald (961,884) 22.551 Net cash (used In)/provided by financin9 activities {961.884) 22,551 Change In cmh and cmh equlvalents In the reportlng perlod Cash and cash equlvalents at the beglnnlng of the reportln9 perlod 1.381 25,628 33.123 7,495 Cash and cash equivalents at the end of the reportlng perlod 34.504 33, 123 The note5 form part of these financial statements Page 7
Erewash Val* Gymnastks aub Ltd Notes to the Cash Flow Ststement for the year ended 31 OLtober 2023 RECONCILIATION OF NEf EXPENDrnIRE TO NET CASH FLOW FROM OPERATING ACTIVITIES 2023 2022 Net expendlture for the reportlng perfod (as pw the statament of Flnandal Actlvltles) Adjustments for: Depreciation charges Loss on dlsposal of fixed assets Interest paid Encrease in debtors Decrease IR credit(YS (57.435) (65.866) 35.851 64.975 127.419 22,629 (27,376) (16.740) (50.191) {3,021) Net cash (used In)Iprovlded by optratlons {9.821) 40.066 ANALYSIS OF CHANGES IN NEf (DEBT)/FUNDS At 1.11.22 Cash flow At 31.10.23 Cash at bank and in hand 33.123 1,381 34,504 33.123 1.381 34.504 Debt Debts falling due within l year Debts falling due after l year (13.788) (948.096) 13.788 948.096 (961.884) 961,884 Total {928.761) 963.265 34,504 The notes fomi part of these finanoal ststements Page 8
Erewash Valley Gymnastics aub Ltd Notes to the Flnandal Ststement5 for the year ended 31 October 2023 Accourir£NG POLICIES Basls ot preparlng the flnandal statements The financial statements of the charttable companyi which is a public benefit entity under FRS 102. have been prepared in att¢ydance with the Charitie5 SORP {FRS 102) 'Accounting and Reporting by Charities: Ststement of Recommended Pratte applicable to charities preparing their accounts in accordance wtth the Financial Reporb"ng Stantlard applicable in the UK and Republic of Ireland (FRS 102) (effettive l January 2019),. Financial Reporting Stsndard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland. and the Companie5 Art 2006. The financial statements have been prepared under the historical cost convention. Income All income is recognised in the Statement of Finanaal Activities once the charity has entitlement to the funds. it is probable that the income will be receNed and the amount can be measured reliably. Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefit5 will be required in settlement and the amount of the obligats'on can be measured reliably. Expenditure is accounted for on an accruals basis and has been dassified under headings that aggregate all ost related to the category. Where Cl cannot be directly attributed to parts'cular headings they have been allocated to artivities on a basis consistent with the use of reswrce5. Tangible fix•d assets Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Freehold property Fixtures and fittings 2% of cost or valuation 33% on cost Taxatlon The charity is exempt from CorpOraon tsx on Its charitable actlvities. Fund accounting Unstrirted funds can be used in accordance with the charitable objeth"ve5 at the discreb.on of the trvstees. Restrlcted funds can onfy be used for particular re5tncted Purpo within the objects of the charity. Restrictions arise when speofie¢l by the donor or when fvnd5 a raised for particular restrirted purposes. Further explanation of the nature and purpose of eath fijnd 15 induded in the note5 to the financial statements. Hire purchase and leasing commitments Rentals paid under operating leases are charged to the Statement of Financial Activlties on a straight line basis over the lod of the lease. The charitable company operates a defined contribution pension scheme. ContritrMJtions payable to the charitable tompany's pension scheme are charged to the Ststement of Financial Activities in the period to which they relate. Company status The charity is a company limited by guarantee. In the event of the company being Wnd up. the Ilability of each member limited to £10 as defined by the arcleS of asSlat. Page 9 continued..
Er•wash Val••y Gymnastks aub Ltd Notes to the Flnanc5al Statements - continued for the year ended 31 October 2023 DQNATZONS AND LEf•ACIES 2023 2022 Donatlons 3.903 3,331 OTHER TIiADIP4G AcrIvrrIÉs 2023 2022 Fundraising events Shop income 28.251 36.828 22.653 27.328 65.079 49.981 INVEsf14ENT INCOME 2023 2022 Interest Received 161 INCOME FROM CHARtTABLE ACTIVITIES 2023 2022 Activty General Fees Donated Servi & facilities Room hi Awards Grants Grants 437.894 423,566 General General General General Restricted 48.655 30,840 3,247 7.000 47,063 22,139 1,462 2,799 16,667 527.636 513,696 RAISING FUNDS Ralslng donatlons and legacies 2023 2022 Fundraising 9,108 5,965 CHARrrABLE AcrIvrriES cosrs Support Costs {5ee note 8) Dirert Costs Totals General Restricted 556.140 49.357 1,405 605,497 1,405 556.140 50,762 606,902 Page 10 continue(l...
Erewash Valley Gymnastlcs Club Ltd N¢)tes to the Flnandal Stslements - contlnu•d for the year ended 31 October 2023 SUPPORT COSTS Goveman costs Finance Other Totals Other resources expended General Restricted 10.025 11.074 10.025 49.357 1.405 34.446 1,405 3.837 21.099 35.851 3.837 60.787 NET INCOME/(EXPENDrruRE) Net incomel(expenditure) 15 Stated after charging/(crediting): 2023 2022 Accountancy - Independent examination review Depreciation - owne(J assets other operating leases DefKit on disposal of fixed assets 3,837 35,851 29,325 64,975 2,499 127,420 15,000 10. TRusfEES' REMUNERATION AND BENEFrrs There were no trustees. remunerdtion or other benefits for the year ended 31 Ottober 2023 nor for the year ended 31 October 2022. There were no trustees, expenses paid for the year ended 31 October 2023 nor for the year ended 31 October 2022. 11. STAFF cosrs 2023 2022 Wages and salaries Sooal security costs other pension Costs 371,191 13.201 8,280 341,999 11.951 8,564 392,672 362,514 The average monthly number of ernployees during the year was as follow5: 2023 2022 50 Employee5 No employee5 reNed emoluments in exce55 of £60.000. Key management personnel comprise the trustees and 3 managers. The totsl employee benefits of the key personnel of the charity were É101.335 (2022 £75.030}. Page 11 continued...
Erewash Valley Gymnastlc8 Club Ltd Notes to the Flnancl•l Ststements - continued for the year ended 31 Octobw 2023 12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL AcnvrrIES Unrestricted Restricted funds fvnd T¢)tal fund5 INCOME AND ENDOWMENTS FROM Donats"ons and legacie5 3.331 3.331 Charltable activities General Restrfcted 497.029 497.029 16.667 16.667 Other tra(n9 activities Investment income Other income 49,981 49.981 33,174 33.174 Total 583,522 16,667 600.189 EXPENDITURE ON Raising fiJnd5 5,965 5,965 Charitable actlvltles General Restricted 641.531 641,531 12,572 12,572 Other 5.987 5,987 Total 653.483 12,572 666,055 NET INCOME/(EXPE14DrruRE) (69.961) 4,095 (65,866) RÉCONCILIATION OF FUNDS Totsl fvnds brought forward 181.360 181,360 TOTAL FUNDS CARRIED FORWARD 111,399 4,095 115,494 13. TANGIBLE FIXED ASSETS Fixtures and fittings Freehohj property Tota15 cosr At l November 2022 Additions Disp05als 1.128,634 176,814 4,277 1,305,448 4,277 (1,128,634) (1.128.634) At 31 October 2023 181,091 181,091 DEPRECIAlloN At l November 2022 Charge for year Eliminated disposal 314,635 27.693 (342,328) 170.082 8.158 484.717 35,851 (342,328) At 31 October 2023 178.240 178,240 NEf BOOK VALUE At 31 October 2023 2,851 2,851 At 31 October 2022 813.999 6.732 820.731 Page 12 continued,..
Erewash Valley Gymnartirs aub Ltd Notes to the Flnanclal Statements - continued for the year ended 31 October 2023 14. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2023 2022 Trade debtots Other debtors Prepayments and accrued income 5.227 44.718 2. 176 1,200 730 52.121 1,930 15. CREDITORS: AMOufS FALUNG DUE WThHIN ONE YEAR 2023 2022 Other loans (see note 17) Trnde creditors S¢xial seoJrity and other taxes Pensions Accruals and defeed income 13,788 11,195 4,022 19.348 5.321 1.793 4,955 19,221 31,417 48,226 16. CREDrroRS: AMOUNTS FALUNG DUE AFfER MORE THAN ONE YEAR 2023 2022 Other loans (see note 17) 948,096 17. LOANS An analysis of the maturity of loans is given below.. 2023 2022 Amounts falling due wrfchin one year on demand: Other loans 13,788 Amounts falling due between t¥¥0 and five years: Other loans - 2-5 years 948.096 18. MOVEMENT IN FUNDS Net movement in funds Transfers bebveen funds At 31.10.23 1.11.22 Unrestrlcted funds General fund 111,399 (56.030) (14,396) 40.973 Restricted Fund 4,095 (1.405) 14.396 17.1)86 TOTAL FUNDS 115,494 (57,435) 58,059 Page 13 contlnued...
Erewash Vall•y Gymn•stk* aub Ltd Notes to the Flnanclal Statements - continued for the year ended 31 October 2023 MOVEMENT IN FUNDS - contlnued Net movement in funds. induded in the a)ve a as follows: Incoming reswrces Resources expended Movement In funds Unrestricted fund$ General fund 633,575 (689,605) (56,030) Restricted funth Restricted.Fund {1.405) < 1,405) TOTAL FUNDS 633.575 (691.010) {57,435) Comparntivu for movement In fvnds Net movement in fijnds At 1.11.21 At 31.10.22 Unrestrlcted funds General fund 181.360 (69,961) 111,399 Restricted funds Restricted Fund 4,095 4,095 TOTAL FUNDS 181.360 (65.666) 115,494 Comparative net movement in funds, included in the al)ove are as follows: Incoming Resources expended Movement In funds Unrestricted fvnds General fund 583,522 (653,483) {69,961) Restrfcted funds Restritted Fund 16,667 (12,572) 4.095 TOTAL FUNDS 600,189 (666,055) (65,866) A current year 12 months and prior year 12 months combined position is as follows: Net movement In fvnds Transfers between funds At 31.10.23 1.11.21 Unrestrlcted funds General fijnd 181.360 (125.991) (14,396) 40,973 Restrkted funds Restritted Fund 14.396 17.086 TOTAL FUNDS 181.360 (123,301) 58,059 Page 14 continued
ErewJsh Valley Gymn•stlc5 Club Ltd Notes to the Fln•nclal Ststements - continued for the year ended 31 OLtober 2023 18. MOVEMEKf IN FUNDS- continued A current year 12 months and prior year 12 months combined net movement in fund5, induded In the above are as follows.. Incoming ources Resources expended Movement in fund5 Unrtstricted funds General fund 1.217.097 (1.343.088) (125.991) Restrkt•d funds Restricted Fund 16.667 (13.977) 2.690 TOTAL FUNDS 1.233.764 (1.357,065) (123.301) 19. RELATED PARTrf DISCLOSURES Employee Miss H Gibbs is the daughter of trustee Mrs K Keams. She was pald remuneration totsllbng £31,500 (2022 £28,262) during the year. Page 15
Erewash Valley Gymnastlc4 Club Ltd Detsiled Statement of Flnanclal Actlvltles for the year ended 31 October 2023 2023 2022 INCOME AND ENDOWMENTS Donation5 and leg•¢les Donations 3,903 3.331 Other tradlng artlvltl Fundraising events Shop Income 28,251 36,828 22.653 27.328 65,079 49.981 Investment Income Interest Received 161 Charltable actlvltles Fee5 Donated seNices & faalitres Room hlre Awards Grants 437,894 48,655 30.840 3,247 7.000 423,566 47,063 22.139 1,462 19.466 527.636 513.696 other income other Income 36.796 33,174 Totsl incoming r•sources 633.575 600,189 EXPENDITURE Raising donations and legades Fundraising 9,108 5,965 Charitable activiti Wages Social security Pensions Rent Rates and water Insurante Light and heat Telephone Advertising Sundries Clothing Competitions Training Refreshments Computer costs Travel Property repairs Mortgage 371,191 13,201 8.280 29,325 5.856 4,197 40.953 2,928 341.999 11.951 8.564 15.000 6.711 5.144 26.729 1.386 462 24,329 4.896 8.141 8,427 10,322 1.016 344 17.700 22,629 32,144 4,304 9,674 5,717 17,614 970 590 9,196 556,140 515.750 This page does not forni part of the statutory financial ststements Page 16
Erewash V•lley Gymnastics Club Ltd Detslled Statement of Flnancial Actlvltles for the Yr ende4131 October 2023 2023 2022 Charltable actlvltles Other Loss on sale of tangible fixed assets 64,975 Flnance Bank charge5 21,099 14,422 Other Freehold property Fixtures and fittings 27,693 8,158 93,330 34,089 35,851 127,419 Accountancy - Independent examination review 3,837 2,499 Totsl resources expended 691,010 6f)6,055 Net expendlture (57.435) 165,866) This page does not fom part of the statutory finanoal ststements Page 17