2020-08-31-accounts - Charisma Gymnastics Foundation

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Company Registration No. CE008486 Charity No. 1168669

CHARISMA GYMNASTICS FOUNDATION FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2020

CHARISMA GYMNASTICS FOUNDATION FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2020

CONTENTS	PAGE
Charity information	1
Trustees' annual report	2
Independent examiner's report	3
Statement of financial activities (incorporating the income and	4
expenditure account)
Balance sheet	5
Notes to the financial statements	6 - 12

CHARISMA GYMNASTICS FOUNDATION CHARITY INFORMATION FOR THE YEAR ENDED 31 AUGUST 2020

Registered charity name Charisma Gymnastics Foundation Charity registration number CE008486 Company registration number 1168669 Registered office 25 LAYHAMS ROAD WEST WICKHAM BR4 9HD Trustees KEITH COMBER MICHELLE JEAN STIFF RICHARD GIBBONS Independent Examiner Jennifer Salmon FCCA 24 Ryegrass Close Chatham FOR THE YEAR ENDED 31 AUGUST 2020 Kent ME5 8JY

CHARISMA GYMNASTICS FOUNDATION INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2020

I report to the charity trustees on my examination of the accounts of the company for the year ended 31 August 2020 which are set out on pages …..

Responsibilities and basis of report

As the charity trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your company’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no 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 company as required by section 386 of the 2006 Act; or

FOR THE YEAR ENDED 31 AUGUST 2020

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
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).

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 a proper understanding of the accounts to be reached.

J Salmon FCCA

24 Ryegrass Close Chatham Kent ME5 8JY

18 March 2021

CHARISMA GYMNASTICS FOUNDATION

Section A Statement of financial activities (including summary income and expenditure account)

FOR THE YEAR ENDED 31 AUGUST 2020

Unrestricted funds Restricted income funds Endowment funds £ £ £ F01 F02 F03	Unrestricted funds Restricted income funds Endowment funds £ £ £ F01 F02 F03	Unrestricted funds Restricted income funds Endowment funds £ £ £ F01 F02 F03	Total funds Prior year funds £ £ F04 F05	Total funds Prior year funds £ £ F04 F05
2,367	-	-	2,367	7,832
2,367	-	-	2,367	7,832

-	-	-	-	-
-	-	-	-	-

2,204	-	-	2,204	2,082
2,204	-	-	2,204	2,082

163	-	-	163	5,750
-	-	-	-	-
163	-	-	163	5,750
163	-	-	163	5,750

33,067	-	-	33,067	27,317
33,230	-	-	33,230	33,067

CHARISMA GYMNASTICS FOUNDATION Section B Balance sheet

FOR THE YEAR ENDED 31 AUGUST 2020

Unrestricted funds Restricted income funds Endowment funds Total this year £ £ £ £ F01 F02 F03 F04	Unrestricted funds Restricted income funds Endowment funds Total this year £ £ £ £ F01 F02 F03 F04	Unrestricted funds Restricted income funds Endowment funds Total this year £ £ £ £ F01 F02 F03 F04	Unrestricted funds Restricted income funds Endowment funds Total this year £ £ £ £ F01 F02 F03 F04	Total last year £ F05
32,071	-	-	32,071	30,208
32,071	-	-	32,071	30,208

2,447	-	-	2,447	4,047
2,447	-	-	2,447	4,047

1,288	-	-	1,288	1,188

1,159	-	-	1,159	2,859

33,230	-	-	33,230	33,067

33,230	-	-	33,230	33,067

33,230	-		33,230	33,067
33,230	-	-	33,230	33,067

The company was entitled to exemption from audit under s477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies regime and in accordance with FRS102 SORP.

Signed by one or two trustees/directors on behalf of all the trustees/directors Signature of director authenticating accounts being sent to Companies House	Print Name	Date of approval dd/mm/yyyy



	Signature	Date dd/mm/yyyy

		Print name

Section C Notes to the accounts

Note 1 Basis of preparation

This section should be completed by all charities .

1.1 Basis of accounting

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

The accounts have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and with the Charities Act 2011.

The charity constitutes a public benefit entity as defined by FRS 102.

1.2 Going concern

There are no material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern,

1.3 Change of accounting policy

The accounts present a true and fair view and no changes have been made to the accounting policies adopted in note 1.1

1.4 Changes to accounting estimates

No changes to accounting estimates have occurred in the reporting period (3.46 FRS102 SORP).

1.5 Material prior year errors

No material prior year error have been identified in the reporting period (3.47 FRS102 SORP).

Section C Notes to the accounts (cont)

Note 3 Income

Note 3	Income	Income	Income	Income	Income	Income
Donations and legacies:	Unrestricted funds Restricted income funds Endowment funds Total funds Prior year £ £ Analysis of income
	Donations andgifts	2,367	-	-	2,367	7,832
	Gift Aid	-	-	-	-	-
	Legacies	-	-	-	-	-
	General grants provided by government/other charities	-	-	-	-	-
	Membership subscriptions and sponsorships which are in substance donations	-	-	-	-
	Donatedgoods,facilities and services	-	-	-	-	-
	Other	-	-	-	-
	Total	2,367	-	-	2,367	7,832

Section C Notes to the accounts (cont)

Note 6 Expenditure

Note 6 Expenditure	Expenditure
Analysis of expenditure Other Accounts Preparation & Independent Examination Fee Repairs and Maintenace Travel Expenses Insurance Other legal andprofessional Total other expenditure TOTAL EXPENDITURE	Analysis of expenditure	Unrestricted funds Restricted income Endowment funds Total funds Prior year £ £

	Accounts Preparation & Independent Examination Fee	594	-	-	594	594
	Repairs and Maintenace	1,570	-	-	1,570	1,080
	Travel Expenses	-	-	-	-	54
	Insurance	-	-	-	-	254
	Other legal andprofessional	40	-	-	40	-
		2,204	-	-	2,204	1,982

		2,204	-	-	2,204	1,982

Section C Notes to the accounts (con

Note 14 Tangible fixed assets

14.1 Cost or valuation

Freehold land & buildings £	Other land & buildings £	Plant, machinery and motor vehicles £	Fixtures, fittings and equipment £	Total £
-	-	-	30,208	30,208
-	-	-	1,863	1,863
-	-	-	32,071	32,071

14.2 Depreciation and impairments

There was no depreciation in the year of acquisition

Section C Notes to the accounts (cont)

Note 20 Creditors and accruals

Please complete this note if the charity has any creditors or accruals.

20.1 Analysis of creditors

Amounts falling due within oneyear	Amounts falling due within oneyear	Amounts falling due after more than oneyear	Amounts falling due after more than oneyear
This year £	Last year £	This year £	Last year £
-	-	-	-
-	-	-	-
-	-	-	-
-	-	-	-
594	594	-	-
-	-	-	-
694	594	-	-
1,288	1,188	-	-

20.2 Deferred income

Please complete this note if the charity has deferred income.

Please explain the reasons why income is deferred.

*Movement in deferred income account* FOR THE YEAR ENDED 31 AUGUST 2020 Amounts released to income from previous periods Balance at the end of the reporting period Balance at the start of the reporting period Amounts added in current period	This year £	Last year £
	-	-
	-	-
	-	-
	-	-

Section C Notes to the accounts (cont)

Note 24 Cash at bank and in hand

Note 24 Cash at bank and in hand
Other Total Short term cash investments (less than 3 months maturity date) Short term deposits Cash at bank and on hand	This year £	Last year £
	-	-
	-	-
	2,447	4,047
	-	-
	2,447	4,047

FOR THE YEAR ENDED 31 AUGUST 2020

Section C Notes to the accounts (cont)

Note 28 Transactions with trustees and related parties

28.1 Trustee remuneration and benefits

None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity

28.2 Trustees' expenses

No trustee expenses have been incurred

28.3 Transaction(s) with related parties

There have been no related party transactions in the reporting period