2021-09-30-accounts - The Dynamic Gymnastics Foundation

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Charltlr Information
Trustees' Annual Report
Accountanta' report
Funds Statementst:-
Statement ofRnanclal	Activities
Statement ofFinancial	Activities -Prior Year statement
Income and Expenditure		account
Mahce alleet
Notes tothe accounts

Statement ofFlnenc	lel Actlvl	fes for the	year endecf 3	0Septemb	er 20%
		soap	CwTSBtyssr Unrestricted			fortsr Yea Tetst Funds
			Funds
Income 8 Endowments	from:
Donaoons 8 Legades Other trading actlvioes		A1 A3	1,078 7,276		1,078 7+75	9,836 9,876
Investments Tubal Income		A4	79		79 604 ~$30330
Expenditure on:
Raising funds		B1	197		197	808
Charttable activities		B2	14,382		14,382	63,678
Total expenditure		8	14,579
Net expenditure forthe	year		(5,14$)		(5.145)	(44,17$)
Net Income after transfers			(3,512)	(2,534)	($,14$)	(44,170)
Net movement Infunds			(3,512)	(2,$34)	($,14$)	(44,170)
Reconciliation offunds:-
Total funda brought forward			73,532	2,634	75,155120,336
Total funda carried forward			30030		30030	~7\00

by paragraph 4.2ofthe SORP
		Prior Year	Prior Year	Prior Year
		Unrestricted	Raatrlctad	Tona funds
		Funda	Funda
		$00	2020
		8	8
Income from:
Dona5ons 8 Legedea	A1	1,331	8,505	930$
Other trading activides	A3	9,876		9,878
Investments	A4	604		804
Total Inoome		11,811	8,505	20,316
Expenditure on:
Raising funds Charitable activtdes	B1 B2	808 55,173	8,505	808 83,878
Total expenditure	s	~sac	ssos	~see
Net expenditure for the year		(44,170)		(44,170)
		(44,170)		(44,170)
Net movement In funds		(44,170)		(44,170)
Reconcalatke of funda:-
Total funds brought forward		117,702	2,634	120,33$
Total funda carried forwanf			2,834	78,18$

Income from operathns					7,354	1g,712
GN aid donations received	from subskllsry undertaking				1,000
Investment income
Interest receivable					rg
Gross Income Inihe year	before exceptkmal		Items		$~	20,3'I~
Gross Income In the year	Including	exceptional		Items
ExpenrNure
Charitable expenditure, excluding depreclatke Depredatkn snd smortissthn Fundralsing costs Governance cosis			and amortisation		7~ 6,645 157 350	%42N 7,625 565 750
Total expandlttllo In Olo yaaf
Net Income betore tax In	the flnanchl year				(6,146)	(44,170)
Taxon surpksr on ordinary	activttksr
Net Income after tsx In the flnandal		year			(5,146)	(44,170)
Retained allfplua forthe flnanclal year					~1IS	j4~170
All actlvNes derive from	continuing	operations

Fixed assets				A
Tangible assets			5	A2		48,012		47,915
Investments held as fixed assets			8	A4		1		1
Total fixed assets						48,013		47,918
Current assets				8
Debtors			7	82	216		4,257
Cash at bank and in hand				84	24,441		24,930
Total current assels					24,657		29,187
Creditors: amounts one year		falling due within	5	01 ~650
Net current assets						24,007		28,250
The total net assels		ofthe charity				70,020		76,166
The total net assets		ofthe charity are	funded	by the funda ofthe		charity, as follows:-
Restricted funds
Restricted Revenue	Funds		12	D2				2,634
Unrestricted Funds
Unrestricted Revenue		Funds	12	D3		70,020		73,532
Designated Funds
Total charity funds						70 020		76,188

	The net (defldtysurplus	before tax In the ttnsndal	year ls stated after	chsrglng:-
	Depradatkrn ofowned tbted assets				2ddd	2$2$
4	Remuneration and payrnenta	toTrustees	and pomona connected with thatn
	No trustees or persons connected	with them received any remuneration		from the charity.
5	Tanilble fixed aeeeta
					Planta	Total
					Machtnery
					81,72S	81,72S
					4,74S	4,743
					'l3,808	13,808
					8,848	8,848
	At 30September 2021
	Net book vakre At30September 2021				~$12	~$12
	At30September2020				lt $1$	$1$1$

lnwatmenta held ea	fbted aaaeta
			lnvestmenta
			ln	Total
			eubetdtartea
Carrying values ofinvestments
At 1 October 2020
At 30aefrtember 2021
Analysts between fair	value and htNortcst coat
Investments as above held at hlsiodca		cost,
less any write down
			2021	2020
			C	tt
			29	132
Trade debtors Prepayments end accrued income Other debtots			187	187 3,938
8 Credwora: amounta	falling dua within one year			2020 E
				750
Accruats
PAYE, NIC VAT and other taxes Other credltma				187
9Income and Expenditure account		summer)f
At 1October 2020 Loss alter tax for the year			78.188 (8,148)	120,338 (44,170)
At$0September 2021			~ORO	~71M

At 30September 2021	unrestricted funds		Tstsf Funds
Tangible Fixed Assets	E 46,012		E 40,012
Inveslments at valuabon:-			1
Fixed asset inveslmsnts Current Assets Current Uabilltles	1 24,657 (650)		24,057 (050)
	70,020		70020
At 1October 2020	unrestricted hmde		Total Funds
	E		E
Tangible Rxed Assets	47,915		47@15
Investments at velurdhn:-
Fixed asset Investments Current Assets Cunent Uabllltles	1 26,553 (937)	2,634	20,107 (037)
	7 532	2Nl	700100

18	Donatlona and Legacies
					Cunent year tfmeetrtaled		Cunent year Rastlload	c Total	Funda
					Funda		Funds
					2021		2021
							E
	Donations and gifts from Individuals
	Small donations indlvklually less Gilt aid donations from subsidiary	than 81000 undertakings			76 1,000				78 1,000	1.331
	Total donattons and gllts from	indtvtduata			1,078				1,078
										500
	Small grants indMdually less than		f1000							5,000
	Northurnbed and County Council
	Total public sector revenue grants
	Revenue grants and donations	from non public		bodies
										1,000
	Pemlmmon Homes									2,005
	The Avtva Community Fund
	Total prtvate sector revenue grants Total Donatlona and Lellaclea			A1	'I	078			I O'II	~all
17	Income from tradlltg acthrNea
					Cunent year Urseatrlctad		Current year Ratttetedd	Cunent year Total Funda		prior Year Total Funds
					Funda		Funds
					2021		2021
							8
	Income from fundraislng events Hke ofcharity owned assets Income from the sale ofdonated goods				1,156 6,000 120				1,158 B,OOO 120	3,520 8,000 358

18	Inveatment	Income
					Current year Uwestrtoted	Current year ttsslrtctsd	Currant yssr Total Funds	T~F~
					Funds	Funds
					2021 6	2021t
	Bank Intwast	Receivable			79
	Total Investment Income
19	Expenditure	on charitable		actlvttlea- Grant	funding ofactlvltlaa
					Current year Unrestrtotsd	Current year ttastrlclsd	Cunent year Total Funds	Prtor Yser Total Funds
					Funds	Funds
					2021 0	2021 0	2021 6
	Grants to Instltutkes				7,200		7~	55,112 55,112
	Total arantrnaklntt costa
20	Support coeta forcharltabN			actlvltlaa	Current year Unrestricted	Cunent year ttsertstged	Current yser Total Funda	PriorY~ Total Funds
					Funds	Funds
					2021	2021
					0	E
	Admlnferrerfw	overfrescts
	Trustee Indemnity Insurance
	Hnancfef costs Deprecktdon ttAmor6satIon		In total for the period		6,646			7,829
	Support coats	before reallocation			6,632			7+16
								7+16
	Total support	costs

Cunent year Unrestricted	Cunent year Rstttotsd	Current year Tstst Funds	PrtsrY~ Total Funds
Funda	Funds
2021	2021
E	E

	Independent Exelniner's fees	Independent Exelniner's fees
	Accountancy coals
	Total Gcwemance	costa
22	Total Charitable	expenditure		Cunent year Unrestricted	Cunent year Rstrtcced	Current year Total Funds		Prior Year Tstsl Funds
				Funds	Funds
				2021	2021		2021
							E
	Total Irantmaking costs Total support costs Tohl Govenucnce costs		B2c B2d B2e	7,200 6,832 350			7' B,B32 350		55,112 7,81$ 750
	Tolal charitable expenditure		82	14SN