REGISTERED COMPANY NUMBER: 08664338 (England and Wales)
REGISTERED CHARITY NUMBER: 1168497
Report of the Trustees and
Unaudited Financial Statements
for the Year Ended 31 October 2025
for
Erewash Valley Gymnastics Club Ltd
Clayton & Brewill
Chartered Accountants
Cawley House
149-155 Canal Street
Nottingham
Nottinghamshire
NG1 7HR
Erewash Valley Gymnastics Club Ltd
Contents of the Financial Statements for the year ended 31 October 2025
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Page |
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Report of the Trustees |
1 |
to |
3 |
Independent Examiner's Report |
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4 |
|
Statement of Financial Activities |
|
5 |
|
Balance Sheet |
|
6 |
|
Cash Flow Statement |
|
7 |
|
Notes to the Cash Flow Statement |
|
8 |
|
Notes to the Financial Statements |
9 |
to |
14 |
Detailed Statement of Financial Activities |
15 |
to |
16 |
Erewash Valley Gymnastics Club Ltd
Report of the Trustees for the year ended 31 October 2025
ThetrusteeswhoarealsodirectorsofthecharityforthepurposesoftheCompaniesAct2006, present
theirreportwiththefinancialstatementsofthecharityfortheyearended31October2025.The trustees
haveadoptedtheprovisionsofAccountingandReportingbyCharities:Statementof Recommended
PracticeapplicabletocharitiespreparingtheiraccountsinaccordancewiththeFinancial Reporting
Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
Thecharity'sobjectiveisthepromotionofcommunityparticipationinhealthyrecreationforthebenefit of
theinhabitantsofErewashandthesurroundingarea,bytheprovisionoffacilitiesandcoaching for
gymnastics.
Our Vision
WewanttomakeEVGCacentreofexcellenceforallabilitiesandtounlockeveryindividual's potential.
Tofacilitateadiverserangeofgymnasticsandsportingactivities.Wewanttobringthefunand benefits
of gymnastics to everyone in our community.
Public Benefit
ThetrusteesconfirmthattheyhavereferredtotheCharityCommissionguidanceonpublicbenefit and
meettheguidelinesthroughthecharity'saimandobjectivesandinplanningfutureactivitiesin the
provision of gymnastic activities.
EVGCoperatesovertwositesandweaimtoallowasmanydifferentpeopleandorganisationstouse the
facilities.Wewanttoencouragemorepeopletogetandremainactiveassportparticipationhas a
positive impact on health and wellbeing.
Ouraimistoprovidefitness,funandfriendshipatanaffordableprice,offeringplacestoallregardless of
age, ability or economic circumstances.
Tothisendweoffersessionsfromunder5'stotssessiontoadults,recreationallevelgymnasticsto an
elite squad training programme.
Wealsohaveadditionalfacilitiesofmeetingspacesandcaféareafororganisationsandindividuals to
meet and socialise which are open to all.
EVGCofferspacetoothersportsclubs,includingprovidingapermanenthometoalocalboxing club
(LEABC).
STRATEGIC REPORT
Achievements and performance
Charitable activities
Thecharity'smissionistooffergymnasticsforallbydeliveringarangeofdifferentopportunities to
participateinthegym.Theseinclude;Preschoolsession,agerelatedfunrecreationallevel gymnastics
sessionstosquadleveltraining,schoolholidayfundays,festivals,carnivalandexternal event
participation,internalbadgescheme,homeschoolsessions,children'sparties,freestyleandadults. We
adaptourofferregularlytoenableasmanyorganisationalandindividualstoparticipateanduse the
facility as possible.
EVGCnowsuccessfullyoperatesacrosstwositesandhassettledintotheday-to-dayrunningof both
facilitiesfollowingourreturntoLongEatoninSeptember2024.Havingre-establishedour permanent
homeafterayearintemporaryaccommodationduringthedemolitionandrebuildofourprevious facility,
wearenowfocusedongrowingourmembershipbaseandincreasingparticipationopportunities. We
continuetoinvestinanddevelopourbuildings,equipmentandprogrammedeliverytoenhance the
experienceforexistingmembersandattractnewgymnasts.Lookingahead,ourplansarecentred on
expandingcapacity,creatingadditionalspacesandsessions,andensuringthatevenmorepeople can
access and benefit from gymnastics within our community.
Financial review
Financial position
Overallincomeincreasedfrom£639,164in2024to£766,876in2025,andexpenditureincreased during
the year from in £695,565 2024 to £761,479 in 2025.
The charity made a surplus of £5,397 (2024: £56,401 deficit) for the year to 31st October 2025.
Page 1
Erewash Valley Gymnastics Club Ltd
Report of the Trustees for the year ended 31 October 2025
STRATEGIC REPORT Financial review
Reserves policy
Thecharityhasapolicyforitsreservesthatwetargettoholdenoughcashreservesfortwomonth fixed
runningcostsandspecifictargetsfortheEVGCexpansionprojectandforcyclicalreplacement of
gymnastics kit.
Coverrunningcostsandunforeseenemergency-IncomeisseasonalandcandropoffinJuly and
Decembersotosupporttheoperationalrequirementofseasonalityweaimtohave2monthsfixed costs
as a reserve.
Equipmentreplacementcosts-Gymnasticsequipmentiscostlyandrequiresacyclical replacement
program-EVGCwilllooktoplace£1,000permonthfromincomeintoreservestofacilitate this
replacementinthecomingyear(therewillbeexpenditurealsoinyear)withaviewtocontinuingto build
this pot to replace equipment as required.
As at 31 October 2025 the charity had reserves of £7,055 (2024: £1,658).
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
Thecharityiscontrolledbyitsgoverningdocument,adeedoftrust,andconstitutesalimited company,
limited by guarantee, as defined by the Companies Act 2006.
The charity is governed by its Memorandum and Articles of Association dated 27 August 2013, and
amended by special resolution on 27 June 2016.
Recruitment and appointment of new trustees
The minimum number of directors shall be three but is not subject to any maximum.
Directors / Trustees are appointed by ordinary resolution either by:
Appointment by other Directors / Trustees
Appointment at an AGM
EVGCDirectors/Trusteesareusuallyrecruitedbylocaladvertisingandrecommendation,expression of
interests are submitted and these are voted on.
Organisational structure
ErewashValleyGymnasticsClubismanagedbyaBoardofDirectorswhoaretrusteestotheCharity. Our
Directorsarevolunteerswhogiveoftheirtimefreelytotheclub.Theirroleistodevelopthestrategy for
EVGC,ensuringcharityassetsaremanagedandtosupporttheclubmanagementteaminthe operational
management of the club.
EachDirectorhasaspecificareaoftheclubthattheysupportbasedontheskillstheybringtothe club
andeachareahasaleaddirectorandasupportdirector,thisismirroredintheclubwherethese areas
areassignedtothemanagementandfulltimestafftoensurewemaintainfocusonthekeyareas which
are:HR,Finance,H&S,Welfare,Classes,Fundraising,Businessplanning,Marketing,Insurance and
Community.
Directorsmeetonceamonthforanofficialboardmeetingbutoftengetinvolvedwitheventsand projects
running within the club.
EVGChasfourdirectorsandiscurrentlylookingtoexpandourboardwithotherlike-mindedpeople who
can expand our expertise within this niche business.
Day to day running of the charity is designated to the management team.
Induction and training of new trustees
The Directors / Trustees meet formally monthly.
Newtrusteesareencouragedtofamiliarisethemselveswithcharitylaws,thefinancialreportsofthe club
and to attend staff meetings and events to gain knowledge of the operational workings of the club.
Page 2
Erewash Valley Gymnastics Club Ltd
Report of the Trustees for the year ended 31 October 2025
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number
08664338 (England and Wales)
Registered Charity number
1168497
Registered office
Hallam Fields Road
Ilkeston
Derbyshire
DE7 4AZ
Trustees
Mrs M S Marshall
Mrs R C Harbey
Mrs K M Kearns
Mrs J Nicklin
P Willott (resigned 31.12.2024)
Company Secretary
Mrs R C Harbey
Independent Examiner
Douglas Perry FCA
Clayton & Brewill
Chartered Accountants
Cawley House
149-155 Canal Street
Nottingham
Nottinghamshire
NG1 7HR
Reportofthetrustees,incorporatingastrategicreport,approvedbyorderoftheboardoftrustees, as
the company directors, on ............................................. and signed on the board's behalf by:
.......................................................
Mrs M S Marshall - Trustee
Page 3
Independent Examiner's Report to the Trustees of Erewash Valley Gymnastics Club Ltd
Independent examiner's report to the trustees of Erewash Valley Gymnastics Club Ltd ('the Company')
IreporttothecharitytrusteesonmyexaminationoftheaccountsoftheCompanyfortheyear ended
31 October 2025.
Responsibilities and basis of report
Asthecharity'strusteesoftheCompany(andalsoitsdirectorsforthepurposesofcompanylaw)you are
responsibleforthepreparationoftheaccountsinaccordancewiththerequirementsoftheCompanies Act
2006 ('the 2006 Act').
HavingsatisfiedmyselfthattheaccountsoftheCompanyarenotrequiredtobeauditedunderPart16 of
the2006Actandareeligibleforindependentexamination,Ireportinrespectofmyexaminationof your
charity'saccountsascarriedoutunderSection145oftheCharitiesAct2011('the2011Act').In carrying
outmyexaminationIhavefollowedtheDirectionsgivenbytheCharityCommissionunder Section
145(5) (b) of the 2011 Act.
Independent examiner's statement
Sinceyourcharity'sgrossincomeexceeded£250,000yourexaminermustbeamemberofalisted body.
IcanconfirmthatIamqualifiedtoundertaketheexaminationbecauseIamamemberoftheInstitute of
Chartered Accountants in England and Wales, which is one of the listed bodies.
Ihavecompletedmyexamination.Iconfirmthatnomattershavecometomyattentionin connection
with the examination giving me cause to believe:
1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. 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 considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexaminationto which
attentionshouldbedrawninthisreportinordertoenableaproperunderstandingoftheaccountsto be
reached.
Douglas Perry FCA
Clayton & Brewill
Chartered Accountants
Cawley House
149-155 Canal Street
Nottingham
Nottinghamshire
NG1 7HR
Date: .............................................
Page 4
Erewash Valley Gymnastics Club Ltd
Statement of Financial Activities (Incorporating an Income and Expenditure Account) for the year ended 31 October 2025
Unrestricted
funds
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
6,072
Charitable activities
5
General
622,619
Other trading activities
3
86,857
Investment income
4
19
Other income
51,309
Total
766,876
EXPENDITURE ON
Raising funds
6
14,981
Charitable activities
7
General
746,488
Other
10
Total
761,479
NET INCOME/(EXPENDITURE)
5,397
RECONCILIATION OF FUNDS
Total funds brought forward
1,658
TOTAL FUNDS CARRIED FORWARD
7,055 |
Restricted
fund
£
-
-
-
-
-
-
-
-
-
-
-
-
- |
2025
Total
funds
£
6,072
622,619
86,857
19
51,309
766,876
14,981
746,488
10
761,479
5,397
1,658
7,055 |
2024
Total
funds
£
(262)
518,572
75,774
172
44,908
639,164
16,505
659,685
19,375
695,565
(56,401)
58,059
1,658 |
|
|
|
|
The notes form part of these financial statements
Page 5
Erewash Valley Gymnastics Club Ltd
Balance Sheet 31 October 2025
Unrestricted
Restricted
funds
fund
Notes
£
£
FIXED ASSETS
Tangible assets
13
12,188
-
CURRENT ASSETS
Debtors
14
6,044
-
Cash at bank
29,407
-
35,451
-
CREDITORS
Amounts falling due within one year
15
(40,584)
-
NET CURRENT ASSETS
(5,133)
-
TOTAL ASSETS LESS CURRENT
LIABILITIES
7,055
-
NET ASSETS/(LIABILITIES)
7,055
-
FUNDS
16
Unrestricted funds
TOTAL FUNDS |
2025
Total
funds
£
12,188
6,044
29,407
35,451
(40,584)
(5,133)
7,055
7,055
7,055
7,055 |
2024
Total
funds
£
10,622
4,986
45,604
50,590
(59,554)
(8,964)
1,658
1,658
1,658
1,658 |
|
|
|
ThecharitablecompanyisentitledtoexemptionfromauditunderSection477oftheCompaniesAct 2006
for the year ended 31 October 2025.
Themembershavenotrequiredthecompanytoobtainanauditofitsfinancialstatementsforthe year
ended 31 October 2025 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissue on
............................................. and were signed on its behalf by:
.............................................
M S Marshall - Trustee
The notes form part of these financial statements
Page 6
Erewash Valley Gymnastics Club Ltd
Cash Flow Statement for the year ended 31 October 2025
Notes
Cash flows from operating activities
Cash generated from operations
1
Interest paid
Net cash (used in)/provided by operating activities
Cash flows from investing activities
Purchase of tangible fixed assets
Net cash used in investing activities
Change in cash and cash
equivalents in the reporting period
Cash and cash equivalents at the
beginning of the reporting period
Cash and cash equivalents at the
end of the reporting period |
2025
£
(5,873)
(10)
(5,883)
(10,314)
(10,314)
(16,197)
45,604
29,407 |
2024
£
45,545
(18,511)
27,034
(15,934)
(15,934)
11,100
34,504
45,604 |
|
|
|
The notes form part of these financial statements
Page 7
Erewash Valley Gymnastics Club Ltd
Notes to the Cash Flow Statement
for the year ended 31 October 2025
1. RECONCILIATION OF NET INCOME/(EXPENDITURE) TO NET CASH FLOW FROM OPERATING ACTIVITIES
OPERATING ACTIVITIES |
|
|
|
2025 |
2024 |
|
£ |
£ |
Net income/(expenditure) for the reporting period (as per |
|
|
the Statement of Financial Activities) |
5,397 |
(56,401) |
Adjustments for: |
|
|
Depreciation charges |
8,749 |
8,163 |
Interest paid |
10 |
18,511 |
(Increase)/decrease in debtors |
(1,058) |
47,135 |
(Decrease)/increase in creditors |
(18,971) |
28,137 |
Net cash (used in)/provided by operations |
(5,873) |
45,545 |
2. ANALYSIS OF CHANGES IN NET FUNDS
At 1.11.24
Cash flow
At
£
£
Net cash
Cash at bank
45,604
(16,197)
45,604
(16,197)
Total
45,604
(16,197) |
31.10.25
£
29,407
29,407
29,407 |
|
|
The notes form part of these financial statements
Page 8
Erewash Valley Gymnastics Club Ltd
Notes to the Financial Statements for the year ended 31 October 2025
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
Thefinancialstatementsofthecharitablecompany,whichisapublicbenefitentityunderFRS 102,
havebeenpreparedinaccordancewiththeCharitiesSORP(FRS102)'Accountingand Reporting
byCharities:StatementofRecommendedPracticeapplicabletocharitiespreparingtheir accounts
inaccordancewiththeFinancialReportingStandardapplicableintheUKandRepublicof Ireland
(FRS102)(effective1January2019)',FinancialReportingStandard102'TheFinancial Reporting
StandardapplicableintheUKandRepublicofIreland'andtheCompaniesAct2006.The financial
statements have been prepared under the historical cost convention.
Income
AllincomeisrecognisedintheStatementofFinancialActivitiesoncethecharityhasentitlement to
the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructive obligation
committingthecharitytothatexpenditure,itisprobablethatatransferofeconomicbenefits will
berequiredinsettlementandtheamountoftheobligationcanbemeasuredreliably. Expenditure
isaccountedforonanaccrualsbasisandhasbeenclassifiedunderheadingsthataggregate all
costrelatedtothecategory.Wherecostscannotbedirectlyattributedtoparticularheadings they
have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciationisprovidedatthefollowingannualratesinordertowriteoffeachassetover its
estimated useful life.
Fixtures and fittings
- 33% on cost
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestrictedfundscanbeusedinaccordancewiththecharitableobjectivesatthediscretionof the
trustees.
Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsof the
charity.Restrictionsarisewhenspecifiedbythedonororwhenfundsareraisedfor particular
restricted purposes.
Furtherexplanationofthenatureandpurposeofeachfundisincludedinthenotestothe financial
statements.
Hire purchase and leasing commitments
RentalspaidunderoperatingleasesarechargedtotheStatementofFinancialActivitieson a
straight line basis over the period of the lease.
Pension costs and other post-retirement benefits
Thecharitablecompanyoperatesadefinedcontributionpensionscheme.Contributionspayable to
thecharitablecompany'spensionschemearechargedtotheStatementofFinancialActivities in
the period to which they relate.
Company status
Thecharityisacompanylimitedbyguarantee.Intheeventofthecompanybeingwoundup, the
liability of each member is limited to £10 as defined by the articles of association.
continued...
Page 9
Erewash Valley Gymnastics Club Ltd
Notes to the Financial Statements - continued for the year ended 31 October 2025
2.
DONATIONS AND LEGACIES
Donations
3.
OTHER TRADING ACTIVITIES
Fundraising events
Shop income
4.
INVESTMENT INCOME
Interest Received
5.
INCOME FROM CHARITABLE ACTIVITIES
Activity
Fees
General
Donated services &
facilities
General
Room hire
General
Awards
General
Grants
General
6.
RAISING FUNDS
Raising donations and legacies
Fundraising
Support costs
7.
CHARITABLE ACTIVITIES COSTS
Direct
Costs
£
General
702,039 |
2025
£
6,072
2025
£
48,473
38,384
86,857
2025
£
19
2025
£
533,650
59,294
28,870
805
-
622,619
2025
£
13,338
1,643
14,981
Support
costs (see
note 8)
£
44,449 |
2024
£
(262)
2024
£
35,264
40,510
75,774
2024
£
172
2024
£
421,523
46,836
30,160
2,415
17,638
518,572
2024
£
16,505
-
16,505
Totals
£
746,488 |
|
|
|
continued...
Page 10
Erewash Valley Gymnastics Club Ltd
Notes to the Financial Statements - continued for the year ended 31 October 2025
8. SUPPORT COSTS
SUPPORT COSTS |
|
|
|
Raising donations and legacies
General |
Finance
£
1,643
31,732
33,375 |
Governance
Other
costs
£
£
-
-
8,749
3,968
8,749
3,968 |
Totals
£
1,643
44,449 |
|
|
|
46,092 |
9. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
|
2025 |
2024 |
|
£ |
£ |
Accountancy - Independent examination review |
3,968 |
3,848 |
Depreciation - owned assets |
8,748 |
8,163 |
Other operating leases |
96,853 |
72,759 |
10. TRUSTEES' REMUNERATION AND BENEFITS
Therewerenotrustees'remunerationorotherbenefitsfortheyearended31October2025nor for
the year ended 31 October 2024.
Trustees' expenses
Therewerenotrustees'expensespaidfortheyearended31October2025norfortheyear ended
31 October 2024.
11. STAFF COSTS
Wages and salaries
Social security costs
Other pension costs |
2025
£
441,718
17,903
9,333
468,954 |
2024
£
384,688
15,071
9,818 |
|
|
409,577 |
The average monthly number of employees during the year was as follows:
|
2025 |
2024 |
Employees |
54 |
49 |
No employees received emoluments in excess of £60,000.
Keymanagementpersonnelcomprisethetrusteesand3managers.Thetotalemployeebenefits of
the key personnel of the charity were £145,852 (2024: £97,578.07).
continued...
Page 11
Erewash Valley Gymnastics Club Ltd
Notes to the Financial Statements - continued for the year ended 31 October 2025
12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
funds
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
(262)
Charitable activities
General
518,572
Other trading activities
75,774
Investment income
172
Other income
44,908
Total
639,164
EXPENDITURE ON
Raising funds
16,505
Charitable activities
General
659,685
Other
19,375
Total
695,565
NET INCOME/(EXPENDITURE)
(56,401)
Transfers between funds
17,086
Net movement in funds
(39,315)
RECONCILIATION OF FUNDS
Total funds brought forward
40,973
TOTAL FUNDS CARRIED FORWARD
1,658
13.
TANGIBLE FIXED ASSETS
COST
At 1 November 2024
Additions
At 31 October 2025
DEPRECIATION
At 1 November 2024
Charge for year
At 31 October 2025
NET BOOK VALUE
At 31 October 2025
At 31 October 2024 |
Restricted
fund
£
-
-
-
-
-
-
-
-
-
-
-
(17,086)
(17,086)
17,086
- |
Total
funds
£
(262)
518,572
75,774
172
44,908
639,164
16,505
659,685
19,375
695,565
(56,401)
-
(56,401)
58,059
1,658
Fixtures
and
fittings
£
197,025
10,314
207,339
186,403
8,748
195,151
12,188
10,622 |
|
|
|
continued...
Page 12
Erewash Valley Gymnastics Club Ltd
Notes to the Financial Statements - continued for the year ended 31 October 2025
14. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade debtors
Prepayments and accrued income |
2025
£
5,894
150
6,044 |
2024
£
4,836
150 |
|
|
4,986 |
15.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade creditors
Social security and other taxes
Pensions
Accruals and deferred income |
2025
£
15,324
5,510
3,322
16,428
40,584 |
2024
£
29,002
3,912
2,933
23,707 |
|
|
59,554 |
16. MOVEMENT IN FUNDS
At
1.11.24
£
Unrestricted funds
General fund
1,658
TOTAL FUNDS
1,658
Net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
General fund
766,876
TOTAL FUNDS
766,876 |
Net
movement
in funds
£
5,397
5,397
Resources
expended
£
(761,479)
(761,479) |
At
31.10.25
£
7,055
7,055
Movement
in funds
£
5,397
5,397 |
|
|
|
Comparatives for movement in funds
Unrestricted funds
General fund
Restricted funds
Restricted Fund
TOTAL FUNDS |
Net
At
movement
1.11.23
in funds
£
£
40,973
(56,401)
17,086
-
58,059
(56,401) |
Transfers
between
At
funds
31.10.24
£
£
17,086
1,658
(17,086)
-
-
1,658 |
Transfers
between
At
funds
31.10.24
£
£
17,086
1,658
(17,086)
-
-
1,658 |
|
|
|
1,658 |
continued...
Page 13
Erewash Valley Gymnastics Club Ltd
Notes to the Financial Statements - continued for the year ended 31 October 2025
16. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
TOTAL FUNDS |
Incoming
resources
£
639,164
639,164 |
Resources
expended
£
(695,565)
(695,565) |
Movement
in funds
£
(56,401)
(56,401) |
|
|
|
|
A current year 12 months and prior year 12 months combined position is as follows:
|
|
Net |
Transfers |
|
|
At |
movement |
between |
At |
|
1.11.23 |
in funds |
funds |
31.10.25 |
|
£ |
£ |
£ |
£ |
Unrestricted funds |
|
|
|
|
General fund |
40,973 |
(51,004) |
17,086 |
7,055 |
Restricted funds |
|
|
|
|
Restricted Fund |
17,086 |
- |
(17,086) |
- |
TOTAL FUNDS |
58,059 |
(51,004) |
- |
7,055 |
Acurrentyear12monthsandprioryear12monthscombinednetmovementinfunds,included in
the above are as follows:
Incoming
Resources
resources
expended
£
£
Unrestricted funds
General fund
1,406,040
(1,457,044)
TOTAL FUNDS
1,406,040
(1,457,044) |
Movement
in funds
£
(51,004)
(51,004) |
|
|
17. RELATED PARTY DISCLOSURES
EmployeeMissHGibbsisthedaughteroftrusteeMrsKKearns.Shewaspaid remuneration
totalling £33,990 (2024- £32,438) during the year.
LandlordandownerofHarbeyFamilyTrust,BobHarbey,isthehusbandofRebeccaHarbeywho is
aDirector.Duringtheyear,renttotalling£66,269waspaidtotheHarbeyFamilyTrust.At the
year end, £9,928 (2024: £nil) was due to Harbey Family Trust and is within trade creditors.
Page 14
Erewash Valley Gymnastics Club Ltd
Detailed Statement of Financial Activities for the year ended 31 October 2025
INCOME AND ENDOWMENTS
Donations and legacies
Donations
Other trading activities
Fundraising events
Shop income
Investment income
Interest Received
Charitable activities
Fees
Donated services & facilities
Room hire
Awards
Grants
Other income
Other Income
Total incoming resources
EXPENDITURE
Raising donations and legacies
Fundraising
Charitable activities
Wages
Social security
Pensions
Rent
Rates and water
Insurance
Light and heat
Telephone
Advertising
Sundries
Clothing
Competitions
Training
Refreshments
Computer costs
Travel
Property repairs
Other
Interest payable |
2025
£
6,072
48,473
38,384
86,857
19
533,650
59,294
28,870
805
-
622,619
51,309
766,876
13,338
441,718
17,903
9,333
96,853
7,475
1,801
36,127
4,462
644
25,163
3,899
15,392
5,081
24,363
1,478
118
10,229
702,039
10 |
2024
£
(262)
35,264
40,510
75,774
172
421,523
46,836
30,160
2,415
17,638
518,572
44,908
639,164
16,505
384,688
15,071
9,818
72,759
3,393
5,628
22,155
3,822
-
24,487
9,615
19,150
4,281
21,592
1,352
-
21,819
619,630
18,511 |
|
|
|
This page does not form part of the statutory financial statements
Page 15
Erewash Valley Gymnastics Club Ltd
Detailed Statement of Financial Activities
for the year ended 31 October 2025
Support costs
Finance
Bank charges
Other
Fixtures and fittings
Governance costs
Accountancy - Independent examination
review
Total resources expended
Net income/(expenditure) |
2025
£
33,375
8,749
3,968
761,479
5,397 |
2024
£
28,908
8,163
3,848
695,565
(56,401) |
|
|
|
This page does not form part of the statutory financial statements
Page 16