2023-08-31-accounts

Company Registration No. CE008486 Charity No. 1168669

CHARISMA GYMNASTICS FOUNDATION FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023

CHARISMA GYMNASTICS FOUNDATION FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023

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 2023

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 Kent ME5 8JY

CHARISMA GYMNASTICS FOUNDATION INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2023

I report to the charity trustees on my examination of the accounts of the company for the year ended 31 August 2023 which are set out on the following 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

1. The accounts do not accord with those records; or

2. 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

3. 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

28 May 2024

CHARISMA GYMNASTICS FOUNDATION

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

FOR THE YEAR ENDED 31 AUGUST 2023

Recommended categories by activity

Income (Note 3)

Income and endowments from:

Donations and legacies Charitable activities Other trading activities Investments Separate material item of income Other Total Expenditure (Notes 6) Expenditure on: Raising funds Charitable activities Separate material expense item Other Total

Net income/(expenditure) before tax for the reporting period Tax payable Net income/(expenditure) Net movement in funds

Reconciliation of funds: Total funds brought forward Total funds carried forward

----- Start of picture text -----
Restricted
Unrestricted income Endowment Prior year
funds funds funds Total funds funds
£ £ £ £ £
F01 F02 F03 F04 F05
S01 6,875 - - 6,875 4,177
S02 - - - - -
S03 - - - - -
S04 - - - - -
S05 - - - - -
S06 - - - - -
S07 6,875 - - 6,875 11,670
Guidance Note
----- End of picture text -----

S08 S09 S10 S11 S12 S13 S14 S17 S22 S23 S24	- - - - - - 8,013 - - 8,013 - - 1,138 - - - - - - 1,138 - - - 1,138 - - - 34,642 - - 33,504 - -	- - - - 8,013 8,068 8,013 6,367 1,138 - 5,303 - - 1,138 - 5,303 1,138 - 5,303 34,642 38,533 33,504 38,533

CHARISMA GYMNASTICS FOUNDATION Section B Balance sheet FOR THE YEAR ENDED 31 AUGUST 2023

Guidance Note Fixed assets Tangible assets (Note 14) B02 Total fixed assets B05 Current assets Cash at bank and in hand (Note 24) B09 Total current assets B10 Creditors: amounts falling due within one year (Note 20) B11 Net current assets/(liabilities) B12 Total assets less current liabilities B13 Total net assets or liabilities B16 Funds of the Charity Unrestricted funds B19 Total funds B22	Unrestricted funds Restricted income funds Endowment funds Total this year Total last year £ £ £ £ £ F01 F02 F03 F04 F05 31,943 - - 31,943 35,240 31,943 - - 31,943 35,240 4,631 - - 4,631 1,879 4,631 - - 4,631 1,879 3,070 - - 3,070 2,476 1,561 - - 1,561 597 - 33,504 - - 33,504 34,643 33,504 - - 33,504 34,643 33,504 - 33,504 34,643 33,504 - - 33,504 34,643

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	Date of approval dd/mm/yyyy Date dd/mm/yyyy Print name Print Name Signature

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

Donations and legacies:

Unrestricted funds Restricted income funds Endowment funds Total funds Prior year £ £ Donations and gifts 6,875 - - 6,875 4,177 Gift Aid - - - - - Legacies - - - - - General grants provided by government/other charities - - - - - Membership subscriptions and sponsorships which are in substance donations - - - - Donated goods, facilities and services - - - - - Other - - - - Total 6,875 - - 6,875 4,177 Analysis of income

Section C Notes to the accounts (cont)

Note 6 Expenditure

Analysis of expenditure Other Accounts Preparation & Independent Examination Fee Repairs and Maintenance Travel Expenses Insurance Other legal and professional Total other expenditure TOTAL EXPENDITURE	Unrestricted funds Restricted income Endowment funds Total funds Prior year £ £ 594 - - 594 594 822 - - 822 - - - - 254 - - 254 - - - 1,670 - - 1,670 594 1,670 - - 1,670 594

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 £
At the beginning of the year		-	-	-	48,233		48,233
Additions		-	-	-	3,047		3,047
At end of the year		-	-	-	51,280		51,280
14.2 Depreciation and		impairments
There was no depreciation in the year			of acquisition
**Basis		SL or RB	SL or RB	SL or RB	RB	SL or RB		Straight Line ("SL") or Reducing Balance ("RB")
** Rate					18%
At beginning of the year Disposals Depreciation Impairment Transfers At end of the year Net book value at the beginning of the year 14.3 Net book value*		- - - - - - -	- - - - - - -	- - - - - - -	- 12,993 - - 6,344 - - 19,337 61,226	- - -	12,993 - 6,344 - - 19,337 61,226
Net book value at the		-	-	-	70,617		70,617
end of the year

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

Accruals for grants payable Bank loans and overdrafts Trade creditors Payments received on account for contracts or performance-related grants Accruals and deferred income Taxation and social security Other creditors Total	This year Last year This year Last year £ £ £ £ - - - - - - - - - - - - - - - - 594 594 - - - - - - 2,476 1,882 - - 3,070 2,476 - - Amounts falling due within one year Amounts falling due after more than one year

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 2023 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

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 £ £ - - - - 4,631 1,879 - - 4,631 1,879

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