## **Company Registration No. CE008486 Charity No. 1168669** **CHARISMA GYMNASTICS FOUNDATION FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024** EAR ## **CHARISMA GYMNASTICS FOUNDATION FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024** |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 2024** 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 2024** I report to the charity trustees on my examination of the accounts of the company for the year ended 31 August 2024 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 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). 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 8 May 2025 ## **CHARISMA GYMNASTICS FOUNDATION** ## **Section A Statement of financial activities (including summary income and expenditure account)** ## **FOR THE YEAR ENDED 31 AUGUST 2024** |Guidance Note
S01
S02
S03
S04
S05
S06
S07
**Expenditure (Notes 6)**
**Expenditure on:**
S08
S09
S10
S11
S12
S13
Tax payable
S14
S17
S22
**_Reconciliation of_**
**_funds:_**
S23
S24
**_Total funds carried forward_**
Investments
**_Net movement in funds_**
Total funds brought forward
**Income (Note 3)**
**Income and endowments from:**
Donations and legacies
Charitable activities
Other trading activities
**Recommended categories by activity**
**Net income/(expenditure)**
Separate material item of income
Other
**_Total_**
Raising funds
Charitable activities
Separate material expense item
Other
**_Total_**
**Net income/(expenditure) before tax for**
**the reporting period**|**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| |---|---|---|---|---|---| ||3,695|-|-|3,695|6,875| ||-|-|-|-|-| ||-|-|-|-|-| ||-|-|-|-|-| ||-|-|-|-|-| ||-|-|-|-|563| ||3,695|-|-|3,695|7,438| ||||||| ||-|-|-|-|-| ||-|-|-|-|-| |||||-|| ||7,989|-|-|7,989|8,013| ||7,989|-|-|7,989|8,013| ||||||| ||4,294
-|-|-|4,294
-|575
-| ||-|-|-|-|-| ||4,294
-|-|-|4,294
-|575
-| ||4,294
-|-|-|4,294
-|575
-| ||||||| ||34,067|-|-|34,067|34,642| ||29,773|-|-|29,773|34,067| ## **CHARISMA GYMNASTICS FOUNDATION Section B Balance sheet** ## **FOR THE YEAR ENDED 31 AUGUST 2024** |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|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total this**
**year**
**Total last**
**year**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total this**
**year**
**Total last**
**year**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total this**
**year**
**Total last**
**year**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total this**
**year**
**Total last**
**year**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05| |---|---|---|---|---|---| ||30,719|-|-|30,719|33,944| ||30,719|-|-|30,719|33,944| ||||||| ||2,719|-|-|2,719|3,194| ||2,719|-|-|2,719|3,194| ||||||| ||3,664|-|-|3,664|3,070| ||||||| ||- 945|-|-|- 945|124| ||||||| ||29,774|-|**-**|29,774|34,067| ||||||| ||29,774|-|-|29,774|34,067| ||||||| ||29,774||-|29,774|34,067| ||29,774|-|-|29,774|34,067| _**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.**_ |Signature of director authenticating accounts being sent to Companies
House
Signed by one or two trustees/directors on behalf of all the
trustees/directors|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**|**Income**| |---|---|---|---|---|---|---|---| |**Donations and**
**legacies:**|**Unrestricted**
**funds**
**Restricted**
**income funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**£**
**£**
**Analysis of income**||||||| ||Donations and gifts
|3,695|-|-|3,695|6,875|| ||
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|-|-|-|-|563|| ||**Total**|3,695|-|-|3,695|7,438|| ## **Section C Notes to the accounts (cont)** ## **Note 6 Expenditure** |**Note 6 Expenditure**|**Expenditure**|||||| |---|---|---|---|---|---|---| |**Other**
Accounts Preparation & Independent
Examination Fee
Repairs and Maintenance
Travel Expenses
Insurance
Other legal and professional
**Total other expenditure**
**TOTAL EXPENDITURE**
**Analysis of expenditure**|**Analysis of expenditure**|**Unrestricted**
**funds**
**Restricted**
**income**
**Endowment**
**funds**
**Total funds Prior year**
**£**
**£**||||| |||||||| ||Accounts Preparation & Independent
Examination Fee|594|-|-|594|594| ||Repairs and Maintenance|1,285|-|-|1,285|822| ||Travel Expenses|-|-|-|-|| ||Insurance||-|-|-|254| ||Other legal and professional||-|-|-|| |||1,879|-|-|1,879|1,670| |||||||| |||1,879|-|-|1,879|1,670| **(cont)** ## **Section C** ## **Notes to the accounts** ## **Note 14 Tangible fixed assets** ## **14.1 Cost or valuation** |At the beginning of
the year
Additions
At end of the year|**Freehold land**
**& buildings**
**£**|**Other land &**
**buildings**
**£**|**Plant,**
**machinery and**
**motor vehicles**
**£**|
**Fixtures,**
**fittings and**
**equipment**
**£**|**Total**
**£**| |---|---|---|---|---|---| ||-|-|-|53,280|53,280| ||-|-|-|2,885|2,885| ||-|-|-|56,165|56,165| ## **14.2 Depreciation and impairments** There was no depreciation in the year of acquisition |****Basis**
**** Rate**
At beginning of the
year
Disposals
Depreciation
Impairment
Transfers*
At end of the year
Net book value at the
beginning of the year
Net book value at the
end of the year
**14.3 Net book value**|SL or RB|SL or RB|SL or RB|RB|SL or RB|Straight
Line ("SL")
or Reducing
Balance
("RB")| |---|---|---|---|---|---|---| |||||18%||| ||- -
- - 19,336 -
19,336
- -
- -
-
- -
- - 6,110 -
6,110
- -
- -
-
- -
-
-
- -
- - 25,446 -
25,446
- -
- 72,616 72,616
- -
- 81,611 81,611|||||| ||-|-|-|72,616|72,616|| ||-|-|-|81,611|81,611|| **Section C** **(cont)** **Notes to the accounts** ## **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**|**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|-|-| ||-|-|
-|-| ||3,070|2,476|-|-| ||3,664|3,070|-|-| ## **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 2024
**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** **(cont)** **Notes to the accounts** ## **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**
**£**| ||-|-| ||-|-| ||2,719|3,194| ||-|-| ||2,719|3,194| ## **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