REGISTERED CHARITY NUMBER.. 1172086 REPORT OF THE TRUSTEESAND UNAUDITED FINANCtAL STATEMENTS FOR ThE YEAII ENDED 5 APRIL 2021 FOR EADINGTON GYMNASTICS CLU8 TIA NORTH BIRMINGHAM COMPaUNITY GYMNASnCS J W Hinks iLP Chartered Accountsnts 19 Hi8hf*ld Road Ed8basion Birmingham West Midlands 815 3BH
EROINGTON GYMNAsllcs CLU8 TIA NORTH BIRMINGHAM COMMUNITY GYMNASTICS CONTENTS OF THE FIP4ANaAL sfATEMEpirs FOR THE YEAR ENDED 5 APRIL 2021 Pa8È Report ofthe Trustees Ind•p•nd•nt Examln•Vs R•wl Statement of Flnanclal Artl¥ltle5 Balan¢• Sh••t Notes to the Flnanclal Statements 8 to 20
ERDINGTON GYMNA5llcs CLUB TIA NORTH BIRMINGHAM COMMUNITY GYMNASncs REPORT OFTHE TRUSTEES FOR THE YEAR ENDED 5 APRIL 2021 The trustees present thelr report with the flnancial sthtements of the charity for the year ended 5 Aprll 2021. The trustees have adopted the provlslons of Accovntin8 and Reportlng by Charities.. Statement of Recommended Practice applicable to charftles preparinB their accounts In accordance wtth the Financial Reporting Standard applltable in the UK and Republk of Ireland IFRS 1021 leffedfft l January 20191. OBJECnVES AND AcfiviTIES Oblertlves and alms Erdlngton Gymnastics Club is a Charitable Incorporatèd Ooanisation whose objectives are for thè prornotion ol ¢ommunity partlcipatlon in heahhy recreation in particular by the prowsion of facilitles for 8ymnastlC5. The charitv operates under the trading name ol North Birmingham Cornmunity Gymnastics. Slinlflcant actlvFtles The promotlon of tommunlty Partldpatlon In healthy recreatlon. In partkular by the provlslon ol facllltles for Gymnastlcs. Publlc benefft The opportunity to access hi8h level gwnnastic lacllities and coathln8 for all. regardless of ability or disablllty, underpinned by the undersiandlng that all Children and young ptoplt can benefit from the sport of gymnastlcs. Promotlng the hèalth and well-bein8 of the local tommunity through accessible, affordable seNIcès. ACHIEVEMENT AND PERFORMANCE Charltable actlvltles The provlslon of affordable gymnastics activities in an elite environment includin8 disabllity 8ymnastics at a rate that Is deemed affordable by individual families. The sponsorin8 ol thildren who throu8h hardshlp would otherwSse not be able to partl£ipate. The 5ubsidisinB ol disability seSsn5 to allow low coach to child ratios, but keepin8 the cost to the user Identical to those accesslng mainstrearn dasses. PTovidln8 OPPOrtunltles foi chlldren and youn8 people to become inVoed In communlty artItIes, share In common 80als and 8aln new experlences suth as attendlng fesil¥als and competitions. We are involved in the development ol young peoplè through our'Youn8 Leaders Pro8ramme' to help individuals gain quallfications sn gymnastiu coaching. Mentorin8 of volunteer5 to gain new life skills and Increase employabilitv. Fundr¥lsln8 art5vles The charlty fundralsln8 throu8hout the year by varyln8 methods suth as community gatherin85, competldons and dlsplays to support the running tosts of North 8irmin8ham Community Gymnastics. Funds ralsed thiough the pfovision of mainstrearn 8ymna5tics subsbdisé disability tlassès to keep c05ts1ow. FINANCIAL REVIEW Flnanclal posltlon The Statement of Financial ActNities shows total incoming resovrces for the year ended 5 Aprll 2021 of £363,721 12020.. £374,496> and total resource5 expended 01 £417,28312020.. £381.1341 thereby reallsln8 an overall deficit for the year of E53,56212020.. deficit of £6,638). As a result, C11n8 net assets as èt S April 2021 total £65.16312020.. £118,725) which includes an amount of É44.537 12020.. E65,6901 in respe£t of rèstrided funds. Prlnclp?I fundlTrg sources The charity operates on revenue collected thrOh the sub5crlptlons of users accessing our semces and throu8h the sales of awards and club merchandlse. Capital costs up to thls polnt have been met through a mlxture of finance and through funds glven by grant making organtsations. Page I
ERDINGTON GYMNASTICS CLUB TIA NORTH BIRMINGHAM COMMUNITY GYMNASTICS REPORTOFTHETRUSTEES FOR THE YEAR ENDED 5 APRIL 2021 FINANaAL REVIEW Reserves pollry The charity'5 reserves policy alms to seture three to slx months of runnlng tost5 withln the general free reserves to ensure on6oin8 sustsinability. The current level of free resewves falls below this objective at this Point in time. FUTURE PLANS After 3 troubliTh8 past year due to the Cov1&19 Pandemlfj our priorrty this year Is securln8 the luture of OUT pro8ramme at North Birmingham Community Gymnastics. We have been so fortunate to recewe funding from arious sources over the last Nnandal year io cover our revenue costs and Ouf Pi08ramme is still viable. We hope to extend the provision we offer to more thlldren and young ptople access to our 5PQrt at an affordable cost. Our waltln8 Ilsts continue to be exceptoonal lengthy and we no longer have the physical capaclty to take on any more members. We are cUrreTht lookinB into the ftnantial viabllity of extendlng our buildin8 ès the opportunltv has arlsen to rent the adlolnln8 office and workshop Space In the CFS bulldiTh8 that we would convert Into a second gvmnaslum and dlsabS11ty actlvlty rooms. In doln8 this we would also extend the lease we have on the current w•rehouse for anothèr ten years. Any such Space would need to allow us to èxpand our membefshlp by SO% to make It a worthwhlle project. Current fundin8 and sodal enterprise Snvestment 15 belng sou8hi as the Chaty does not have the cash in the bank to lacllitate thls expanslon. 11 fundlng Is granted we will move lorward with projett. This wlll be the Charlty's maln aim for the coming ar. In a bellef that the servlce we offer ihrou8h both our malnstream and dlsability pro8ramme5 art of such beneflt to the chlldien and young people ol North Blrmlngham. STRucfuRE, GOVERNANCE AND MANAGEMENT Governln8 document The charlty is controlled by St5 8overnlng dotumeni. a deed of trust and consiltutes an unlncorporated tharlty. The charlty Is controlled by Its governln8 document. Ch•rlty constltutbon The charlty15 controlled by fts chafity constltutlon dated 16 Ortober 2016. R•crultm•nt •nd appdntment ol newtrusie¢s The charlty's constltutSon ststes there must be at Itast three trustees wilh a maxlmum number ol twelve. At every annual general meetlng of the membets of the charny. one-thlrd of the charSty trustees shall retlre from offlce by rotation. Upon appolntment of a new trustee the exlstlng tnJstee5 will provide a copy ol the charfty ¢onstitutlon. the latest trustees, annual report and statement of accounts to the incoming member. Any person who retires as a charity trustee by rotstion or by sin notKe to the charity is tliÈible lor rèappointment. REFERENCE AND ADMINISTRATIVE DETLs Reglstered Charlty numb•r 1172086 Page 2
ERDINGTON GYMNASTICS CLUB TIA NORTH BIRMINGHAM COMMUNITY GYMNASTICS REPORT OF THE TRUSTEES FOR THE YEAR ENDED 5 APRIL 2021 Prlnclpal address CFS Business Park Coleshill Road Sutton Coldfi'eld West Mldlands 875 7FS Trustees M Combellack M Dalton l R Bradbury C Padrnore (appointed 19.7.211 L Braiier (appointed 19.7.211 Independent Examlner I W Hinks LLP Chartered Accountants 19 Hightield Road Edgbaston 81rmingham West Midlands 815 36H COMMENCEMENT OF ACflVtYiEs The tharlty became a registered charrty on 16 March 2017. EVENTS SINCE ThE END OF THE YEAR Information relatin8 10 events ssnce the end ol the year IS 8Nen in the notès to ¢he financial statements. Approved by order of the board of tru51e*s on..... 0.3.1.o..zl.w..a nd s18ned on rts behalf by.. M Combellack- Trustee Page 3
INDEPENDENT EXAMINER'S REPORTTO THE TRUSTEES OF ERtXNGfoN GYMNAsncscLUB Independent examFnerfs pOrt to the tntstees olErdlffjt)n GwMasUr5 aub I report to the charlty trustees on my examination of the accounts of Erdington Gymnastics aub Ithe Trust) for the vear ended 5 Aprfl 2021. R•spon$ltrAlltles and bas150tveport S the chartty trustees of the Trust you are responsibk for preparatlLm of the accounts Trn accordance with the quirements of the CharltSes Art 20111'the Act'l. I report In respect of my examination of the Tru5Vs accounts carried out vnder section 145 of the Act and in carryiNq out my examinatlon I have flowed all applicable Oirertions 8r4en b¥ the Charity Commi55ion under section 14SISllbl of the Art. Indep•nd•nt •xamlnee3sl•ternent Slnce your charfty's gross income exceeded £250,CiJ your èxaffllner murt be a member of a115ted l>J(ty. l conflmi that l am quallfied to undertake the examlnatfion because l arn a registered member of Aci FCCA whlch Is one of thè listsd bodles. I have completèd my examlnatlon. I tonfimi that no material matters have come to rny attentlon In connettion wlth the examSnatlon glne me cause to belie¥ that in ary rnaterial SPect.. a¢countln8 rètords were not kept In resFQrt of the Trust as requlred 5ectlon 130 of the Act. or the accounts do not accord wfth those rttords.. or the accounts do not compty with the applKabk requlrements toncernln6 the form and content of accounts set oul In the Chailt1è5 (Accounts and Rep¢)rtsl Regulations 218 other than any requirement that the accourtts ojve • truÈ and falr ewwhICh a rnatterconsldered •$ part of an independent examlnatlon. I no wncerns and have come across rk) other matters In t¢)nnectlon wlth the examlnatlon to whlch attentlon should bè drawn In thls report In order to enabk a proper understandiry ofthe ac¢ounts to be reathed. James Cruse A FCCA I W Hlnks LLP Chartèred Accountsnts 19 Hlghfield Road Ed8baston 8lrmln8ham West Mldlands 815 38H Date.. r)I Ltr P4e4
ERDINGTON GYMNAsncs CLUB TIA NORTH BIRMINGHAM COMMUNITY GYMNASTICS STATEMENT OF HNANCIALACTWMES FOR THÉ YEAR ENDED 5 APRIL 2021 2021 Total funds 2020 Total funds Unrestricted fund Restricted funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies CharStsble arttvltles Grants ietelvablè 173.301 18,277 191.$78 6.300 Other tradln8 actfvltSes 172.143 172,143 368,196 Total 345A44 18,277 363,721 374,496 EXPENDITURE ON Charltable actl¥ltle5 Provlsion of 8ymrnasUcs coachlni Support costs 369.180 9.919 18,604 19.580 387,784 29,499 348.534 32.6CvJ Total 379.099 38.184 417.283 381,134 NET INCOMEIIEXPENOITUREI la3.6551 119.9071 153,5621 16,6381 RECONCILIATION OF FUNDS Totsl funds brou8ht forw•rd 54.281 64A44 118,725 125,363 TOTAL FUNDS CARRIEO FORWARD 20.626 44.537 65.163 118.725 The note5 lom) part of these financial statements Page S
ERDINGTON GYMNASTICS CLUB TIA NORTH BIRMINGHAM COMMU141TY GYMNASTICS BALANCE SHEET 5 APRIL 2021 2021 Total fund5 2020 Total funds Unrestrirted fvnd Restritted funds Notss FIXED ASSErs Intangible assets Tangible assèts 767 3iJ04 767 76.441 967 106,658 44.537 31671 44,537 77,208 107,625 CURRENT ASSErs siocks Debtors Cash at bank lo.? 30,887 25,020 10,907 30,887 25,020 7,327 30.668 2.310 io 66.814 66.814 40,305 CREDITORS Amounts falllng due wlthln one year 129.6921 129.6921 129,2051 NE[ CURRENT ASSETS 37.122 37,122 11,IC¥J TOTALASSEfs LESS CURRENT LIABIUTIES 69.793 44.537 114,930 118,725 CREDITORS Amounts falllng due after more than one year 12 149.1671 149,1671 NET ASSETS 20,626 44.537 65.163 118,725 The notes form part ofthese finanaal statements Pa8e 6 continued...
ERDINoN GYMNAsllcs CLUB TIA NORTH BIRMINGHAM COMMUNtrY GYMNASTICS BALANCE SHEET. conllnued 5 APRIL 2021 FUNDS Unrestrirted funds Restricted funds 15 20.626 44,537 54,281 64.444 TOTAL FUNDS 6S,163 118,725 The nclal statements were apwoved by the Board of Trustees and authorfsed for Iss*Je were signed on its behalf bv.. on M Combèllack- Trusteè J R 8radbury- Trustee The noies form part ofthesefinancial statements Page 7
ERDINGTON GYMNASTICSCLUB TIA NORTH BIRMINGHAM COMMUNITY GYMNASTICS NOTES TO THE FINANCIALSTATEMEp¥rs FOR THE YEAR ENOED 5 APRIL 2021 ACCOUNnNG pouaES BASIS OF PREPARING THE FINANCIALSTATEMENTS The flnanclal statements ol the charity, which is a publlc benefit èntity under FAS 102, have been prepared in accordante with the Charities SORP IFRS 1021 'AttountinR and Reportin8 by ChantSes'. Staternent of Recommended Practice applicable to charities preparinÉ their accounts In accordance with the Financial Reportlng Standard applicable In the UK and RepublSc of Ireland IFRS 1021 leflective l January 20191.. FlnancSal Reporting Standard 102 'The Financial Reporting Standard appIlble in the UK and Republic ol Ireland, and the Charities Act 2011. The financial ststements have been prepared under the historical cosi convention. The 518nificant accounting policies applied in the preparation of these fi.nancial statements are Set out below. These pollcies have been consistently applied to all years presented unless otherwlse stated. GENERAL INFORMATION Erdlngton Gymnastics aub Ls a rOsterd tharity established In England and Wales. The address of the charity's registered offKe and Irading addres5 is CFS Bu5ine5s Park, Coleshill Road, Sutton Coldlield, 875 7FS. The charity operates under the name ol North 8irmin8ham Community GymnastlCS. INCOME All intomè Is retognlsed In the Statement of Flnancial Actfvrtles once the charlty has tntitltmeni to the funds. It 15 probable that the income will be receNed and the amount can be measured reliabfy. EXPENDITURE Liabilities are reco8nis¢d as expenditure as soon as thtre is a legal or consifurtivè obli8ètion comrnitting the charlty to that expenditure, it is probable thai a transfer of economk bènefits wlll be rèqulréd in settlement and the amount of the 0•83t10n can bt measured rellabty. Expendltur is accounted for On an accruals basis and has been classilied under headings that a8gregat all tost rèlated to the category. Where costs cannot be directly attributed to particular headin8S they have been allocated to artivities on a bas15 consistent with the use of resourcès. COMPUTER som¥ARE Computer software Is amortised even over its useful economic life of S years. TANGIBLE FIXEDAsss Deprec5atlon is provided at the Idlowln8 annual rates in order to write off each asset er its estimated useful Gymnastics equipment Fixtures and fittin85 Computer equlpment 20% on cost 20% on cost 20% on cost STOCKS Stocks are valued at the lower of cost and nei realisable value, after makin8 due allowance foi ob501ete and slow moving ftems. TAXATION The charity is exempt Irom tax on rt5 charitablè actJVle$. FUNO ACCOUNnNG Unrestrbed funds can be used in atcordance with the charitablÈ objÈdi¥ès at the discreiion of the trustees. Pa8e 8 ntinued...
ERDINGTON GYMNASTICS CLUB TIA NORTH BIRMINGHAM COMMUNttY GYMNASTICS NOTESTO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 5 APRIL 2021 ACCOUNTING POLICIES- contlnued FUND ACCOUNTING Restricted funds can onty be used for particular restricted purposes withln the oblects of the charfty. Reslrirtions arise when specified by the donoror when funds are raised for partlculai restricted purposes. Further explanatlon of the natuie and purpose of each fund Is induded In the notes to the flnanclal statements. OPERATING LEASE COMMITMENTS Renta15 payable under operatlng leasts arè tharged against Income on a strai8ht line basls over the perlod of the lease. GOVERNMENT GRAi¥rs Government grants are recognlsed at the fall value of the asset recefved or rec¢4vable when there Is reasonable assurancè that the grant condltlons vlll be rnet and the grants wlll be recelved. A 8rant that speclfles pèrfom)ance condltlons Is recognlsed In Income when thè pèrformance condltlons are met. Where a grant does not specify performance conditions it Is retognised in Income when the proceeds are recelved or receSvable. A grant received befort th retognitkn triteria are satlsfled Is reco8nised as a Ilablllty. PENSION co AND OTHER POST-RETIREMENT 8ENEFITS The eharSty operates a defined contrlbution pension scheme. Contrlbutlons payable to ihe charlty's pènslon scheme art thareed to the Statement of Flnanclal Actlvltles In the pwlod to whlch thèy relate. OTHER TRADING ACTNITIES 2021 2020 Fundralsln8 events and vending machlne Gymnastlcs £oachln8 fees Bad8es, klt and competltlon entrles Venue hlie Income Insurance claSm proceeds 6,272 335.052 16.272 10.600 ISl.128 4,057 4,050 5,364 172.143 368.196 Page 9 continued...
ERDINGTON GYMNASnCS auB TIA NORTH BIRMINGHAM COMMUNITYGYMNASncs NOTES TO THE FINANaAL STATEMENTS- continued FOR THE YEAR ENDED S APRIL 2021 INCOME FROM CHARITABLE AcnvrriES 2021 2020 Actiwty Grants reNable Grants 191,578 6.3(X) Grants recelved, Intluded in the aLJve. are a5 lollows.. 2021 2020 Wm Morrlson Supefmafkets PIC 8irmin8ham Clty Council Blrmingham Sports Tru5t- Tackling Inequalitbe5 Fund Thè National Lottery- Cornmunity Fund Sport En8land- Communlty Emer8ency Fund 8rld8water Colleg CJRS grant HMRC Covld-19 Brant 6,300 17.600 4,327 13,950 9.062 5LYI 121,139 25.000 191,578 6,300 TRUSTEES. REMUNERATION ANO BENEFITS There were no trustees. remuneration or other benefits for the year ended S Aprll 2021 Aor for the year ended 5 April 2020. TRUSTEES. EXPENSES There were no trustees, eypense5 pald for the yearended 5 Aprll 2021 nor fof the year ended S Aprll 2020. STAFF COSTS The aveTa8e monthly number of empl¢$ dvrlnA the ar was as follow5: 2021 2020 20 Gymnastlcs coaches No empl¢)yees re¢el¥ed emolumenis In extess of £60,Cts). Page 10 continued...
ERIXNGfoN GYMNASTICS CLU8 TIA NORTH BIRMINGHAM COMMUNifi GYMNASncs NOTES TO THE FINAIICIAL STATEMENTS- contlnued FOR THE YEAR ENDEO 5 APRIL 2021 COMPARATIVES FOR THE STATEMENT OF FINANCIALAcnvmES Unrestricted fund Restricted funds Total funds INCOME AND ENDOWMENTS FROM Donations and le8acies Ch3rltable acttvltles Grants receivable 6,3C 6,300 Other tradln8 actlylties 368.196 368.196 Total 368,196 6,3CIJ 374,496 EXPENDITURE ON Charltabl• artlvltles Provlslon of gymnastlcs coachlng Support Costs 329,451 27.654 19,083 4,946 348,534 32,6tyJ Totll 357.IOS 24,029 381,134 NET INCOMEIIEXPENDITUREI 11.091 117,7291 16,6381 RECONCIUATION OF FUNDS Tot•1 funds brou8ht forward 43.19) 82,173 125,363 TOTAL FUND5 CARRIED FORWARD 54.281 64,444 118,725 Pa8e 11 continued...
ERDINGTON GYMNASTICS CLUB TIA NORTH BIRMINGHAM COMMUNrrY GYMNASTICS NOTES TO THE FINANCIALSTATEMENTS- continued FOR THE YEAR ENDED 5 APRIL 2021 IIITANGIBLE FIXED ASSErs CompLrter software COST At 6 April 2020 and S Aprll 2021 AMORTISATION At 6 April 2020 Charge lor year 35 21)0 At 5 Aprll 2021 233 NET BOOK VALUE At S Aprll 2021 767 At S Aprtl 2020 967 TANGIBLE FIXED ASSETS Flxtures nd fittings Gymnasti equipment Computer equlpment Totals COST At 6 Aprfl 2020 Gymnastlcs equlpment addrtlons 135.448 50.511 1,519 187.478 At S Aprll 2021 143.348 so.sii l.S19 195.378 DEPRECIATION At 6 April 2020 Gymnastics equlpment char8e forthe yèar 66,649 27,712 13,714 10,102 457 303 80A20 38,117 At S Aprll 2021 94361 23.816 760 118,937 NET BOOK VALUE t 5 April 2021 4W987 26.695 759 76.441 At 5 Aprfl 2020 68,799 36,797 1,062 106,658 Pa8e 12 continued..
ERDINGTON GYMNAThCS CLUB TIA NORTH BIRMINGHAM COMMUNrtY GYMNASTrCS NOTES TO THE FINANCIAL STATEMENTS- tontlnued FOR THE YEAR ENDED 5 APRIL 2021 srocKS 2021 2020 Kit and badges 10,907 7.327 io. DEBTORS.. AMOUNTS FALLING DUE WIThIN ONE YEAR 2021 2020 Other debtors Prépayments 14.133 16.754 14,133 16,535 3087 30,668 ii. CREDITORS.. AMOUNTS FAWNG DUE WITHIN ONE YEAR 2021 2020 Bank loan5 and overdrafts Isee Dote 131 Taxatlon and social security Other credltor5 833 I977 8,982 5,688 8,127 15,390 29.692 29,205 12. CREDITORS.. AMOUNTS FAWNG Due AFfER MORE THAN ONE YEAR 2021 2020 Bank loans Isee note 131 49.167 LOANS An analysls of the motur6ty of loans1s8fven below.. 2021 2020 Amounts lalllng due wlthin one year on demand.. Loan5 833 Amounts falling beeen one and years: Loan5- 1-2 years io,(rf>o Amounts fallin8 due between two and five years: Bank loans- 2-5 years 30,000 Amounts fallin8 due In more than ffive year5.. Repayable by instalrnents.. Bank loans more S yr by instal 9.167 Page 13 continued...
ERDINGTON GYMNASnCS CWB TIA NORTH BIRMINGHAM COMMUNITY GYMNASTICS NOTES TO THE FINANCIALSTAYEMEP4fs- contlnued FOR THE YEAR ENOED 5 APRIL 2021 14. LEASING AGREEMENTS Minimum lease payments under nOnncelIable operatin8 leases fall due as follow5.' 2021 2020 Wh1n one year Between one and five years In mort than fNe years 76,533 274,956 85,500 85,846 283,089 153,900 436.989 522,835 15. MOVEMENT IN FUNDS Net movement In funds At 5.4.21 At 6.4.20 Unrèstrlttod funds General fund 54,281 133,6551 20,626 Restrl¢ted fvnds The Hedley Foundatlon Sands Cox Charltv Heart of England Communlty Foundatlon (Tht Harry Payne Fund) Heart of En81a1 Community Foundotlon Perslmmon PIC The Albert Hunt Twst Sport England The Cole Charltable Trust 8rltlsh Gymnastlcs WM Morrlson Supem)arkets PIC Sutton Coldfield T¢)wn Council Comlc RelSef Community Cash Varlety, The Children's Charity Sutton Coldneld Charitoble Trust Mace Limlted BSrmingham SportsTrust- TxkliD8 Inequallties Fund 336 11441 192 233 430 362 131 246 212 11841 {1501 12001 (lo.¢) Iiioi 11,1421 11,2601 19491 27.259 17,259 174 2,285 1,463 1,344 538 831 6,240 6,055 3.427 5,723 2,293 878 1,454 16231 15,7601 13.0281 4.181 4,183 119.%71 44.537 TOTAL FUNDS its.ns 153,5621 65,163 Page 14 ontinued...
ERDINGTON GYMNASTICS CLUB TIA NORTH BIRMINGHAM COMMUNITY GYMNASncs NOTES TO THE FINANCIAL STATEMENTS- contlnued FOR THE YEAR ENDED S APRIL 2021 MOVEMENT IN FUNOS- ¢ontlnued Net movemènt sn funds. Included in the above are as follows.. Incoming resources Resouices expended Movement in fund5 Unrestrlrted fund5 General fund 34S.444 1379,0991 133,6S51 R*sirlaed funds The Hedley Foundatlon Sands Cox Charity Heart ol England Community Foundat6on IThe Harry Payne Fund) Heart ol England Community Foundatbon Perslmrnon Plt The Albert Hunt Trust Sport En8land The Cole Charltable Trust Britlsh Gymnasti WM Morrison Supermarkets PIC Sutton Coldfleld Town Coyncll Comlc Rellef Community Cash Varlety, The Chlldren's Charity Sutton Coldfleld Charitable Trust Mace Limlted Blrrningham Sports Trust- Tackllng Inequalltle5 Fund 7he National Lottery- Community Fund 11441 11441 iiooi {1001 11841 11501 121JOI iio.o(rf>i Iiioi 11.1421 11.2601 19491 13401 16231 15.7601 13.0281 iiooi 11841 11501 12001 110,0001 Iiioi 11,1421 11,2601 19491 13401 16231 15,7601 13,0281 4.327 13.950 11441 113.9501 4,183 18.277 IU.1841 119,9071 TOTALFUNOS 363,721 1417,2831 153,5621 Paae 15 continued...
EROINGTON GYMNASTICS CLUB TIA NORTH BIRMINGHAM COMMUNITY GYMNASTICS NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED S APRIL 2021 MOVEMENT IN FUNOS- contlnud Comparatlve$ for movement In funds Net movement In funds At 5.4.20 At 6.4.19 Unrstrltted funds General fund 43.19) 11,091 54,281 R•strlcted lund% The Hèdléy Foundatlon Sands Cox Charlty Heart of England Communlty Foundatlon IThe Harry Payne Fund) Heart of ErbRland Communlty Foundation Perslmmors PIC The Albert Hnt Trust Sport England The Cole Charltable Trust Brltlsh Gymnastlcs WM Morrlson Supermarkets PIC Sutton Coldfield Town Councll Comic Rellel Community Cash Varlety, The Children's Charity Suiton Coldfield CharStable Trust Mace Lirnited 11441 li) 336 198 298 333 614 512 683 37,259 394 4,570 11001 11841 Iisoi 11991 iio,owi Iiioi 11,1431 5,723 19491 13401 11.2461 15.7601 13.0271 233 430 362 484 27,259 284 3,427 S,723 2,293 878 1.4S4 12.000 9.083 3,242 1,218 2,7[ 17.760 12,110 82,173 117,7291 TOTAL FUNDS 125,363 16,6381 118,725 Page 16 tontlnued...
ERDINGTON GYMNASnCS CLUB TIA NORTH 81RMINGHAM COMMUNfN GYMNASTICS NOTES TO THE FINANCIALSTATEMENTS- tontlnued FOR THE YEAR ENDED S APRIL 1021 15. MOVEMENT IN FUNDS- contlnued Comparative Det movement in funds. Included in the are as follow5.' Incom¢ng resources Resources expended Movemenl in lunds Unre5trirted funds General fund 368,196 1357,1051 11,091 Resirlrted funds The Hedley Foundatlon Sands Cox Charitv Heart of En8land Communlty FoundatlOD (The Harry Payme Fund) Heart of England Community Foundatlon Perslmmon PIC The Albert Hunt Trust Sport En8land The Cole CharStsble Trust Britlsh Gymnastlcs WM Morrison Supermarkets PIC Sutton Coldfield Town Council ComSc Relief Community Cash Varlety, The Chlldren's Charlty Sutton Coldliéld Charltable Trust Mace Urnlted 11441 11001 11441 iiooi iooi 11841 11501 11991 iio.ocoi Iiioi 11,1431 15771 19491 13401 11.2461 15,7601 13,0271 iiooi 11841 11501 11991 iio.0001 Iiioi 11,1431 S,723 19491 13401 11.2461 15,7601 13,0271 6,30) 6,3C 124,0291 117,7291 TOTAL FUNDS 374.496 1381.1341 16,6381 Thls lund repr•sents the freefunds of the charbty that are deslgnated for partlcular purposes. This fund represents lunding received by ErdSnRttsn Gymnastlcs aub during the peflod ended S Aprll 2018 from The Hedley Foundatlon towards the purchase o18ym equipment which ha5 en includèd wthln tangible fixed assets. This fund represents tunding received by Erdineton Gymnastiu Club durin8 the period ended S April 2018 from Sands Cox Charlty towards the purthase of 8ym equipment whlth has been Included withln tan8ible flxed assets. Restrkted- Heart ol E mun Foundat This fund represent5 fundin8 received by Erdington Gymnastics Club during the period ended 5 April 2018 from Heart of EnglaThd Communtty Foundation IThe Harry Payne Fund) towaids the purchase of gym equipment whlch has been included within tangible fixed assets. Rest ndco lo Page 17 continued...
ERDINGTON GYMNASTICS CLUB TIA NORTH BIRMINGHAM COMMUNrtY GYMNASTKS NOTES TO THE FINANCIALSTATEMENTS- contlnued FOR THE YEAR ENOED 5 APRIL 2021 15. MOVEMENT IN FUNDS- contlnued Th5s fund represents lundln8 received by Erdington Gyrnnastics aub durin8 the perlod ended S Aprll 2018 from Heart of England Community Foundation towards the purchase of gwn equlpment whlch has been included wlthin tanglble fftxed assets. This fund represents funding received by Erdington Gymnastic5 Club durin8 the period ended S April 2018 from Perslmmon PIC towards the purchase ol 8ym equipment which has been indtsded within tan8lble lixed assets. Regd(t&.Jb¢ A!botLllT Thls fund represenrs fundin8 receSved by ErdInon Gymnastlcs Club durfn8 the perlod ended 5 Aprll 2018 from The Albert Hunt Trust towards the purchase of equlpment which has been Included wlthln tsn8ible Ilxed assets. This fund represents lunding rtcefved by Erdlngton Gymnastks Club durln8 the perlod ended S Aprfl 2018 Irom Sport En8land towards the purchas* of Bym equlpment wh6ch has been Sncluded wlthln tan8lble flxed assets. Thi5 fund represents funding received by Érdlngton Gymnasiks Club durlng the pedod ended S Apdl 2018 from The Cole Charltable Trust towards thè purthasè of gym •qulpment whlth has been Included wlthln tanglble flxed assets. This fund represents fundSn8 recelved by Erdin8ton GnaStIC$ Club durlng the ptrlod ended 5 April 2018 from Brltish Gymnastlc5 lowards thè purthase of 8ym equlpment which has been included withln tangible fixed assets. This fund represents funding recelved by Erdington GyTrnastics Club durfn8 the pe0d ènded 5 Aprll 2018 and S Apdl 2020 Irom Wm Morrison Supemiarkets PIC towards the ongoln8 operatlonal cosis of the charlty and also to fund a dlsabled chan8in8 faci1Sty. This fund represents funding reteived by Erdinffton Gymna5ti¢S Club during thè Pe0d ended S Aprfl 2018 and 5 Aprll 2019 from Sutton Coldfield YO Councll towards the purchase of eym equlpment whlch has been intluded wiihln tan8lble fixed assèts. Restrktèd. Ic Rellef Commun This fund represents funding received by ETdington Gymnathcs Club durfng the perfod endèd 5 Aprtl 2018 from Comlc Relief Comrnunity Cash towards the purchase ol gym equipment whlch has been included wiihln tan8ible fixed assets. Restr - Varlt The Chlldren. This fund represents funding received by Erdington Gymnastics Club during the pefiod ended 5 Aprfl 2018 from Variety, The ChSldren's Charity towards the purchase of gym equipment which has been included within tangible fixed assèts. R•strkted. Sutto fiekl tharltable T Page 18 continued...
EROINGYON GYMNASTICS CLUB TIA NORTH BIRMINGHAM COMMUNITY GYMNASnCS NOTES TO THE FINANCIAL sfATEMENTS- contbnued FOR THE YEAR ENDED S APRIL 2021 15. MOVEMENT IN FUNDS- contlnued Thi5 fund represents lunding receNed by Erdingtorl Gymnastlts aub during the perfod ended 5 Aprfl 2018 from Sutton Coldlield Chariiable Trust towards ihe purchase of gym equipment which has been ificluded wlthin tangible fixed a5selS. Restrkted. Thi5 fund represents lunding received by Eidington Gymnastics aub during the perfod ended 5 Aprll 2019 from Mace Limited towards the purchase and installation of a heatin8 Svstem which has been included within tanglble Ilxed assets. . Blm)I Thls fund represents funding received by Erdington Gymnastlcs Club during the perfod ended S Aprll 2021 from 81rmln8harn Sports Trust Tacklln8 Inequalities Fund towards the wrchase ol equipment whlch has been Included wbthin tanBlble fixed asset5. Thls fund iepresents fundln8 received by ErdinBton Gymnastics Club durln8 the perfod Ènded S Aprll 2021 onwards from The National Lottery . Community Fund towards the pmision and coachin8 of rebound therapy and d15abillty grymnastics. 16. RELATED PARfi DISCLOSURES Durln8 the year ended 5 April 2021 an amount of £6SO 12020.. £15,3191 was paid to the trustee. Mr M Combèllack In respect of repair and altemation work tarried out on the buildiTh8 from whlch the charitv operates. Thèse iransactlons were carrled out on normal commerclal tem)s. 17. POST 8ALANCE SHE EVENTS These flnaDclal stattmenis have been prepared on a going tontern basis, the validity ol which is dependent upon Erdln8ton Gymnasiics Club beln8 able to continue 10 operate and come to terms wlth the slgnllicant lrnpaet of the CovSd-19 pandemic. At the present tlme there are many unknown varlables which rnakts fore¢astln8 ihe future re5uhs and Impart on the tharrty challen8in8. Covld-19 represents a $18Trificant event both during ar nce the end of the financial period. The Impart of this and the countermeasures being taken to suppress it are consldered to be Thon-adjusting post year end event5 and therefore have not been taken into account in preparbng the 8èlance Sheet as at 5 April 2021. Page 19 continued...
ERDINGTON GYMNASTICS CLUB TIA NORTh BIRMINGHAM COMMUNITY GYMNASTICS NOTES TO THE FINANCIALsfATEMEP4TS- contlnued FOR THE YEAR ENDED 5 APRIL 2021 i& ULTIMATE CONTROLLING PARTY The charlty Is underihe control of the trustees. Page 20