REGISTERED CHARITY NUMBEIL. 1172086 REPORTOFThETRusfEES AND UNAUDITED FINANCIALsfATEMENTS FOR THE YEAR ENDED S APIUL 2024 FOR ERDINGTON GYMNA5TK5 CLUB TIA NORTh BIRMINGHAM COMMUNrrY GYMNASTICS JWHinks LLP Chartered Accountants 19 Hlghfield Rood Edgbaston 81rmingham West Midlands 815 3BH
EROINGTON GYMNASTICS CLUB TIA NORTr1 BIRMINGHAM CONthIUNrri GYMNASTICS cop¥rENT5 OFTHE F114ANCIAL STATEMEK FOR THE YEAR ENDED 5 APRIL 2024 Pa8• Report afthe Trnste•J Independ•nt Eumlnor's Report 5iat•Nffl ol Fln8nci•l Actl¢le$ Bal•nc• Sheet Cath Flow 5t4tem•nt tothe ¢a*h Flow Statement io Note5 to th• Mnarrcilll Statements 11 to 21
EROIN6foN GYMNASTICS CLUB TIA NORTh BIRMINIAm COMMUNITY GYMNAsncs REPORT OF THE TRUSTEES FOR THE YEAR ENDED 5 APRIL 2024 The trustees present their report with the financial statents of the charity for the year ended 5 Aprll 2024. The trustees have adopt&1 the provisior6 of Accounting and RerL)rtin8 by Charitie> Statement of Recommended Prac applicable to charities preparlng thelr actounts In accordance with Financlal Reportlng Standard appllcable in the UK and Republlc of Ireland IFRS 1021 leffertive l January 20191. OBJECTIVES AND ACTIVITIES objertwes aNI alms Erdington Gymnast1 club Is a Charttable Incorporated Or8anlsatlon whose obltttfves are for the kyomotlon of Community partlclpatkjn In healthy recreatlon In partlcular the provlsknn of facllitles for gyrnna5tiC5. The charlty operate5 under the tradin8 name of Ngrth Birmingham Community Gymnastics. Siinificant a¢tivltl The prtxn¢xlon of community partlcipatlon In healthy reatiOn, in partlcular bythe wovwon of facllttles for Gyrnnastks, Publlc benel* The opponunlty to access hlgh level gymnastlc facllltles and coachlng for all, fe8ardless of ablllty or dIS[lIty, Undernned by the understandln8 that all children and young people can benefft ftom the sport of gymnastics. PromotSn8 the health and well-belng of the bcal corrmunty throu8h acce551ble. affordable ser¥lccs. AcHIEVEmEP AND PERFORMANCE UrItable artlvttles The provlslon of affordable 8ymn?stlcs acttvltles in an elite environment IncludinB d55abilltV 8ymnastics at a fate that is deemed affordable b¥ Individual families. The spon50rln8 of children who through hardship woukl otherwise not be oble to partlcipate, The subsid1sln8 of dlsability sesslons to 3llw low coach to child ratlos, but keeping the cost to the user identlcal to those accesslng main5tre8m classes. Provldln8 OPFX)rtunitles lsy chlldren and young people to become invJlved In commwity attlvltl25 share in common 8oal3 and g31n new experSences 5LKh a5 attendlng festlvals and competltlon5. We are Involved In t. development of young people through our 'Young Leaders Programme, to help indivlduals 8aln qualSfications in mnastIcS toachlng. Mentoring of volunteers to pln new Ilfe skllls and increase employablllty. Fundrnlsln8 artlvliles The £harlty fundraising tolot the year by varylng methods such as communlty 8atherln8s, competltlon5 and dlsplays to support the runnlng co¥(5 of North 8inningham Communlty Gymn8Stis Funds ralsed throv8h ih• provlslon of malnsrream 8ymnastlcs sub51dlserf15ability classès to keep tosts low. FINANCIAL REview Finandal positlon The statement of Rnanclal ACtttle5 shows total incomlng resources for year ended 5 April 2024 of £797,414 12023: £701.3551 and total resources expended of £735,439 12023.. £689.8331 thereby reallsin8 an overall SUruS for the year of E61,97512023: surF4us of £11522). As a resul¢ closlng net 055ets as at 5 April 2024 total £175,¢y17 (2023.. £113.072) which inclvdes an amouni d £37,857 12023,. £48,855) in respert of $trIcted funds. Page I
ERDINON GYMNASTICS aLIB TIA NORTH BIRMINGHAM COMMUNrrrf GYMNAsrics REPORT OF TPIE TRUSTEES FOR THE YEAR ENDED 5 APRIL2024 HNANCIAL REVIEW Prkndpa funrfin8 Sour The charity operates on revenue tolletted through the subscriptions of users accessin8 our services and throL8h the sales of awards and club mefehandis& Capitsl costs up to this pjlnt ho been met through a mixture of finance and through funds iven by grani making organisatlons. Reser¥es polkv The char5ty's serveS pollcy alms to secure three to Six months of runnlng costs wlthin the 8eneral free reserves to ensure ongolng 5UStalnability. The current of free reserves falls bebw thls obltsrthe at this poSnt in time. FUTURE PIANS This year ha$ been a tumultLYJS one. Durlng Aprll to May we worked hard to both malntaln aur numbers and look for new ways to Kcommodate n•w membets. We declded on doubllng our effDrt to ensure local SEND adult 8roups and centres knew of the facllities we Dffered. Unfortunate, before any new groups c(yJld Start, we suffered a devastating flood at the beginning of March. The flooding caused damage to all areas of the 8ymnaslum, Wlih rnuch of our equlpment beln8 fo¥rt. a greai deal of It was beyond savln& Upsettinglyi the relurblshment of the foam pits and trompoline area which was funded by our families throu6h thelr fundrai5in8 was completely destroyed, Over a period of 8 months the gym remained closed. We utlllsed the Services of an Insurance consultant to help us navigate the process. The only positive p)inr come out of the flood was the total renovatlon of ow facllit+es. We were able to replAeÈ the roof and the Ilghting sysrem and cornplrtdy redecorate. Thus, creatin8 8 better environmeni than the ori8inal one. The gym reopene(J on 10th February 2024. It has been a battle to rebuild our prtrck)sure numbers to ensure we can cover all of our overhèads. but we have made progress in this area. We stll I look to expand ow programme to utillse our staff and space even more durfng the daytiffle. Our head of SEND Is constantly building contIOn wlth local seThlce providers to ensure we contlnue to be a valuable asset to the community around us. Folltrwin8 on from last year we stlll wSsh to employ another full.time member of staff. We are keen for th15 person to have experience wlth SEND so are taking our lime wrth the recrultment process to ensure we find the best match, We are keen to expand Into Sunday oper8ting but have stru88led to staff thls. We ntInue to look Into woys of attractln8 staff to work these hour5 and hope thls Is somethln8 we can offer in thefuture. Our Competitive team continues to perform well at local competltlons. At presenL a lot of thls coaching Is carrled out * the senlor managèrs whose time COLsld be better used. We wlll loc4¢ to employ an expedenced competition coach to relieve thls burden and further develop the cornpetition fvyugramrne. This will In turn free up spaces at the be8inner end of the club as rrtlre children pro£ress through to thecompetltlve pro¥ramme. Due to the Ilmlts of stsffin& ènd physlcal space this has always been difficult. We are currently one of the largest 8ymnalcs club5 in thecountry but stlll continue to hwe long waitin8 lists. sniucruRE. GOVEANAIKE AND MANAGEMENT Governlng document The charity is eortrdled by its governing document. a deed of tTUSt aThd consthute5 an unincorporated charlty. The charlty is controlled by lis Boverning document. PDgE 2
EftDINGfoN GYMNAsfics CLUB TIANORTH 81RMINGHAM COMMUNITY GYMNASTICS REPORT OFTHETRUSfEES FOR THE YEAII ENOED 5 APRIL 2024 sThucruRE, GOVERNANCE AND MANAGEMENT Charky constltLrtlon The charity 15 contmlled by its charity constltution dated 16 October 2016. Recruknient and Jppdntmert tsf new trustees The charlty'5constitutlon states there must be at least three trustees wlth a Maximum number of twelve. At every annual general meetlng of the memkrs of the eharlty, one-third of the charity trustees shall retlfe from offlce rotation. Upon appointment of a new trustee the ex15tSng trustees wlll provide a copy of the charity constitutlcn, the latest trustee5' annual report and statement of accounts to the IncomlnE member. Any person who retlres as a charlty trustee by rotatlon or by glvln8 notl¢eto the charity 15 ell8lblefor reappolntw£nt, REFEIIV4CE AND ADMINISTIIATIVE DEfAILS Rrylsterad Charlty numbv 1172086 Prlndpal add CFS Bu$Sness Park Coleshill Road Sutton Coldfield West Mldlands B75 7F5 Tnet$ M Ccmbellack M Dalton J R Bradbury C Padmore Ireslgned 28.8.241 L 8razier dependent ExamlrTW J W Hink5 LLP Chartered Accountants Ig Hlghfidd Road EdEbaston Blrmln8ham West Mldlands 815 3BH COMMINCEMENT OF ACTIVIMES The charlty became a re815tered charlty en 16 March 2017. Pa8e 3
EROIPIGTr)N GYMNASTKS CLUB TIA NORTh BIAMINGHAM COMMIX41TYGYMNASTICS REPORT THETRUSTEES F(MITHEYEAR ENOED 5 APRIL 2024 Apwoved by order of the l>)ard of tru5tee5 on 3 February 2025 and signed on its behalf by. M Combellack- Trustee P48e4
INDEPENDENT EXMIINERS REPORTTOTHE Tf¢USTEES OF ERDINGTON QIMNAsfics CLUB Inthpendenl examiner's Teportto trnsteès of Erdlngtoh GyiMastlcsCI I report to the charity trustees on my examination of the accounts of Erdlwofi Gymnastics Club Ithe Twstl for the year eTrYed 5 April 2024. Responslbiiii1I9 and basts of rèport As thè chartty trustees of the Trust you are responslble for the weparatlon of the accounts In accordarte th the requirement5 of the Charities Act 2011 Ilhe Act'l. I report In reSpt of m¥ examlnatlon of the Trust's accounts carried out under sectio 145 of the Act and In Carryi out my examlnation I havefollowed all appllcable Directlon5 4iven bythe Charity Commission understttion 1451511bl of the Acr. Indp•ndent exneI atement Slnce your charity'5 Bf055 Income exceeded £250,000 your examiner must be a Member of a Ilsted bo(ty. I can confirm that I am qu41ified to undwtake the examination because l am a member of the In5tltute of Chartered Accountants in Eland and Wale% whlch Isone of the listed bodies. I have completed my examlnatlon. I conflrm that no materfal matters have come to my attention in conntttbn wlth the QmInatIOn glvln& me cause to believe that In any materlal respert: accountln8 record5 were not kept In respect of the Trust as reqred by Secilon 130 of ihe Act,. or the account5 dJ nct accord wlth those records; or the accounts do not Comp with the 8ppli¢able requirements concernln8 the form and content of acc¢Junts set out tn Ihe Charities (Account5 and Reports) Re8ulations 2008 other than any requlrement thal the accounts 8Fve a true and falrview whlth Is not a matter con51dered as of an independènt examination. I have no concerns and have come gcross no other matters in connection wfth the examlnatiDn to which attentlon should be drawn in thls report in order to enable a proper understandln8 of the accounts to be reached. James CruseACA, FCC J W Hlnks LLP Chanered Accountants 19 Highfield Road Edgba5ton 8irmingham West Mldknds B15 3BH 3 February 2025 Page 5
ERDINGTON GYMNAsncs CLU8 TIA NORTh DIRMINGHAM COMMUNITY GYMNASTrCS ATEMETrifoF ANANCIAi AcriwnES FOR THE YEAR ENDED 5APRIL 2024 2024 TrAal fimds 2023 Total fund5 Unrestricted ftjnd Restrirted fvJnd5 Notes INCOME AND ENOOWMEiifs FROM Charftable ¥tlvttles Grants recefvable 21A50 21A50 27,900 Othertrading actlvitles 775864 775.964 673,455 Total 775J64 21850 797,414 701,355 EXPENDITURE ON Chartt3ble art5¥tt1•s Provlslon of gymnastlc5 coachl Support costs 654957 3L188 1260 686.145 49,294 623,473 &5,360 Total 701991 735,439 689,833 NEf INCOMVIEKPENOITURE) 719n 110,9981 6L97S 11.522 RECONaUATION OF FUNDS Total funds brought forward 64.217 4¢855 1131172 101.550 TOTAL FUNDS CARIUED F(XIWARD 137.1 37057 175,047 113,072 The note5 fom part ofthesefinanclal statements Page 6
ERDINGfoN GYMNAsncs CLU8 TIA MORTh BIRMINGHAM COMMUNffY GYMNAStIcs BALAKESHE S APRIL 2024 2024 Totsl lund5 2023 Total fvnds Unrestricted fund Restricted fvnd5 Note5 FIXED ASSErs Intan8lble assets Tangible assets 167 91,952 167 367 91.173 37057 91119 37,857 129,976 91,540 CURRENfAsseTS stks Debtors Cash at bank io li 18.233 74,216 18,206 9,635 80,2TI 24,909 74,216 110ts55 IW.655 114,821 CREDITORS Amounts falllng due wlthln ce year 12 146,4171 146M71 158,4111 NEf CURfteNT ASSErs 232 56,410 TOTALASSET5 LESS CURREpif UABIUTIES 156J57 37*57 194214 147,950 CREDITORS Amounts fJllln8 due after more than one year 13 119,1671 119,167) 1348781 137.tso 37,857 175,047 Its,072 The notes form part of the5efinarKial staiemert5 Page 7 continued...
ERDINGTON GYMNAsfic5 CLUB TIANORIH BIRMWIGHPM COMMUNITYGYMNASTICS BALANCE SHEEf-contknued S APRIL 2024 FUNDS Unrestricted funds Restricted fun(b 16 137,190 3757 64,217 48,855 TOTAL PJNDS 175,047 113.072 The flnancial ststements we approved by the Board of Trustees and aLrthISed for Issue on 3 February 2025 were 51gned ofi Its behalf by: M Combellack- Trusiee J R Bradbury-Trustee The notes form part of these finarbdal statements Pa8e 8
DINGTON GYMNAsfics cw8 TIA NOTh BIIIMINGHAM COMMUhllTY GYmNAc5 FOR THE YEAR ENDED 5 APRIL 2024 2024 2023 Notes Cash Ilows fmm operatin8 actbvibe5 Cash generated frorn operatlon5 110.529 49,631 Net cash provkled by operating aetSvltie5 1109 49,631 Cash Ilowsfrom Invqstlrq a¢tMtles Purchaseof tanglble flxed a55ets (1.101) 18,5671 Net cash used In Inve5tlng artlvftles 190,102) 18.5671 Cash Ilowsfrom flftan¢ibty Xtlvltles Loan repayThents irn year 127,130) {27.1331 Net cash used In flnancln8 8Ktlvitie$ 127,1301 127.133) ChJThF In rayh and rdsh eqthalents in the reportln8 period C•sh *rtd cash equivatents at the tie8innwii of the reportlng pèri 16.7031 13,931 24.909 10.978 C8Jh and tash equfvalehts at the end of the reportlnl p•rfod 24,9J9 The notes fom part ofthese financlal statements Page 9
ERDINGfoN GYMNJSTICS CLUB TIA NORTH blRMINGHAM COMMUNITY GYMNASTICS NOTES TO THE CIL5H FLOwATEMEKr FOR THE YEAR ENDED 5 APRIL 2024 RECONauATION OF NEf INCOME TO NEI CASH FLOW FROM OPERATING AcllviTIES 2024 2023 Net Income forihe reporting wrl¢xl las per th• Ststemrt ol FlnHnclal Actlvltlesl lurtments for., Depreciation charges Loss on disposal of fixed assets Increase In stocks Oecreaselllncrea5EI in debtor5 IDecreaseifincreasÈ in credltors fj¥975 11.522 41615 9,049 18.598) 6,060 1572) 48,580 18921 110,520 941 Net¢•sh PrIded by operatlons 110529 49,631 ANALYSIS C* CHANGES IN NEfDEBT At 6,4,23 Cash flow At 5A24 Net ¢ash Cash at bank 16,7031 206 24,909 16,7031 Debt Debts fallln8 due within l year Debts fallln8 due Jfter l year 127.1331 I3478) 11,422 15,711 14ni) 119,167) 162011) 27,133 134,878) Total 137.102) ZO,430 The re5 form p¥t of these financial 5taternents Pase 10
ERDINGTON GVMNAsfics CLUB TIA NORTh BIRMINGHAM COMMUNrrY GYMNASTICS NOTESTO THE FINANCIALSTATEMEK FOR THE YEAR ENDED 5 APRIL 2024 ACCOUNTING PIXICIES 8ASIS OF PREPARING 7HE HNANCIAL STATEMEr The financial statements of the charity, whith is a public bweftt entbty under FRS 102, have been rKepared In accordance wlth the Charlties SORP IFRS 1021 'Accounting and Reporting by tharities.. Statement of Recommended Prartice oppllcable to charrf(les weparing their accounts In accardance with the Flnanclal Reporting Standard appllcaL4e in the UK and Republlc of Irelafyl {FRS 1021 leffect(ve l January 20191,. Flnanclal Reportlng Standard 102 'The Financial Reportin8 Standard applicable in the UK and RepuEAic of Irdand, and the Charitie5 Act 2011. The rinancial 5tatemerrts have been prepared underthe hlstorical c05t conventlon. The 5i8nlflcant accounting policles apsed in the pparatIon of these flnanclal statements are set out below. These polities have beèn tonsistently appliÈd to 811 year5 presented unless otherwise stated. GENERAL INFORMATI Erdlnglon Gymnastics Uub 15 a reglstered charity esrabfished in En8land and Wales. The a&Yres5 of thi ¢harlry's re8lstered offlce and tradlng address Is CF5 Buslness Park, Coleshill Road, Sutton ColdFleld, B75 7FS. The charily operates under the name of North Blrmlngham Communlty GymnastiC5. INCOME All income is recnIsed in the Statement OF Financial Actlvities once the chJrlty has entltlement to the funds, It 15 probable that the income wlll be received and the amount can be measwed reliably. EVENofwRE Uabfjllrles are recognlsed as expendSture as soon as there 55 a legol or construciNe obllgatlon commktlfig the charlty to that expenditu. it is probablè ihat a transfer of economlc benefSt5 wlll be required in setttement and the amount of the obllg81ion can be measured reliatdy. Lxpenditure is a¢¢ounted for on an ateruals basis 8nd has been classifSed under headings that aggre8ate all cost related to the category. Where cosis canr)ot be directly attributed to particular headSngs they have been allocated to actlvltleson a basls conslstent wlth the Le of reswrces. COMPUTER somvARE Computer 50ftware 15 amortised even over its useful ec¢nomk lrfe of 5 years. TANGieiE FIXED ASSETS Depreclation ts wovided at the fdkjwlng annual rates in order to write off each asset over its estimated useful life. Gymnastics equipment Flxture5 and fittin8S Computer equipment 20% on cost 20% on c05t 20% on cost Stocks are valued at the k)wer of cast arKI net realtsabte valu¢ after making due allowance for obsoltte and slow movlng items. TAXATION The charity is exemptfrom tsx on ¢harltaNe actlvltles. FUND ACcoUnN6 untritte fund5 (an be used in accgrdarKe vArh the charitable c4)jective5 at the dlscretion of the trustee5. Page 11 cortinued...
ERtMNGTON fffMNASTICS CLU8 TIA NORTh BSftMINGHAM COMMUNITY GYMNAsncs P40TESTOTHE FIT4ANCIALSTATEMENfs- contlnued FOR TME YEAR ENDED 5 APRIL 2024 ACCOUNTING POUCIES- continued FUND ACCOUNTING Restritted fund5 ian only be used for particular re5trlcted wrposes wlthln the objects of the charlty. Re5trfctlons ¥lse when specified by the donor or when funds are ralsed for partkular restrlcted purposes. Further explanatlon Jf the natu and purpose of exh fund Is included In the notes to thE flninclal ststements. OPERATING LEASE COMMITMENTS Renta15 payabl• undir op*ratin8 leases a charged a8alnst Incom¢ on a strai8ht Ilne b0555 o¥•r thè perlod of the lease. GovNMENT G114NTS Government grant5 are recosnlsed at the falr value of the asset recolved or recElvable when there ts reasonable assurance that the grant conditions wlll be met and the grants wlll be received. A 8rant that speclfle5 performance Col10n5 Is reco8nlsed In incorne when the perfomance conditions are met. Where a grant does not specify perfonnance condltlons It Is reccgnlsed In Income when the proceeds are receId or rece1¥4ble. A 8rant r8cel¥ed before the reco8nition crfteria are satIsfd is reco8filsed as a Ilability. PENSION COSTS AND OThER POsT-R1REmENT BENEFIT5 The charlty operate5 a defined contrlbutknn pension scheme. Contrlbutlons payable to the ch?rSty's pen51on scheme re tharged to the 5tatemeni of nanCIal Attivitie5 in the period to whlch they relate. (MIER TRADING A1vmE5 2Q24 2023 FLmdr8lslng events and vendlng machlne Gymnastlcs toachin8 fee5 88d8e5, klt and competition entrles Venue hire income Insurance clalm proceed5 21,18a 186,000 6,511 3,170 459.aoo 8.746 63297 28,312 77S.964 673,455 P<e 12 continued...
ERThNGTON GYMNAsncs CWB TIA NIJITH gIRMINGHAM COMMVNrrYGYMNASTICS N(yfES TO ThE FINANCINL STATEMENTS. contlntsed FOR THE YEAR ENDED 5 APRIL2024 INCOME FRIW CHARrrABLE ACnVITIES 2024 2023 Activlty Grant5 rttelvable Grants 27,9 Grants recelved, included In the at, are as follow5.' 2024 2023 Sport Englynd The Natlonal Lcaery- Communlty Fund 13.950 27,) 21NS0 27,900 cHARrrABLE AcnviTIES cosrs Support costs150¢ note 51 Dlrect Costs Tota15 Provlslon of gymna5tlcs coachs Suppt)rt costs 686,145 686,145 49,294 49394 686,145 49,294 735N39 SUPPORTCOSTS Governance costs Managanent Fln8nce Totals Support costs 32,374 4.108 1171Z 49,294 TRUSTEES, AEMUNERATIC4 AND BENEFITS There were no trustees, remurratlon rA other beneftrs for the year ended 5 Awll 2024 nor for the year ended SAwll 2023, TRUSTEE5' EXPEN5E5 The were no trustees, penSeS pald forthe year wded 5 April 2024 norforthe year *nd 5 Awll 2023. Pa8e 13 confjnued...
ERDINGfoN GYMNASTrCS auB TIA NOTh1 BIRMINGHAM COMMUNITY GYMNAsncs NOTES TO THE HNANCIALsfATEMENfs- tontinued FOR THE YEAR ENOED S APRIL 2024 STAFF cosrs 2024 Wage5 and salaries Soclal securitycosts Other pension costs 289,136 16,788 10,820 295,(3 16,445 6,050 316.744 317.588 The a¥er4e rnonth numberot ¢mployees durln8 the year was as follows: 2024 2023 33 G1n3St[£S coaches No nplOyeeS recelved emolurnerrts In excess of £60,0)J. IpirANGI3LE FIXED ASSErs Computer software COST At 6 April 2023 and 5 Aprll 2024 AMORTISATI At 6 Aprfl 2023 Charge for year 633 At 5 April 2024 NEf BOOK VAWE Ar 5 April 2024 167 At 5 4prll 2023 367 Pe 14 contlnued...
ERDINGTON GYMNASllcs CLUB TIA Ncffil OIRMINGHAM COMMUNifrf GYMNASTICS NOTESTO THE FINANCIAL STATEMENTS- fontinued FOR THE YEAR ENDED 5 APRIL 2024 TANGIBLE FIXED ASSETS Fixtures and fittings Gwnnastics equipment Computer equlpment Totals cosr At 6 Apdl 2023 Additlon5 DIsp05ats 234,896 87M30 I2524) 7V72 9,5 L792 320,967 90,102 125W41 At S April 2024 197J02 76,95Z IIA91 385A45 DEPRECIATION At 6 Aprtl 2023 Charge for year Elimlnated on d15P05al 17L952 3Q,746 116,575) 53WZ2 9,724 4,020 &947 229.794 41417 (16,575) At 5 Aytl 2024 186J23 63,546 5,967 I556 NET BOOK VALUE At 5 Aprll 2024 110,979 13006 5A24 129W9 At 5 April 2023 62,944 22,650 5.579 91,173 STOCKS 2024 2023 and badge5 18,233 9.635 ii. DEBTORS: AMOUNTS FALUNG DUE wrrHIN YEAR 2024 2023 Trade debtors Other debtors P¢epayments 2.245 33,633 J8.I48 33,633 46.644 74,216 ,277 Page 15 continued...
ERDINGfoN GYMNJSTICS CLUB TIA NORTh DIRMINGHAM COMMUNITY GYMNASTICS NOTESTO THE FINANCIAL STATEMENTS. Contlnued FOII THE YEAR ENDED 5 APRIL 2024 CREDoR$. AMOUNTS FALUNG DUE wrrHIN tYIE YEAR 2024 2023 Ba loans and overdrafts15ee note 141 Ta¥atlon èhd 50clal secuiity Othw credltors IS,711 27.133 5,619 25,659 25,066 46A17 58,411 CRtOlTORS: AMOUNTS FALUNG DUE AFreR MORE TH ONE YEAR 2024 2023 8ank loans (see note 141 19,167 34,878 An analysls of the maturlty of loans is glven below: 2014 2023 Amounts falllng due wlthln one year on demand: Loans 15.ni 27,133 Amounts fallin8 between one and two years.. Loans- 1-2 years io,ofy) 15,711 Amounts falllng due between two ond fiveyèar5: Bank loans- 2-5 years 9,167 19,167 LEASIIG AGREEMENrs Mlnlmum lease payments under n¢nncelIablE op¢ratln8 leases fall due 45 f¢41ows.' 2024 2023 Within one year Between one and flve years In more than five years 132.0 564,OLK) 501,0fy) 369.000 L065.000 1.197,000 Pa8e 16 contlnued...
EROINGfoN GYMNASnC5 CLUB TIA NORTH BIRMINGHAM COMMVNrrY GYMNASTKS NOTES TOTHE FINANaAL ATEMENfs- Lontlnued FOR THEYEAR ENDED 5 APRIL 2024 i& MOVEMENTIN FUNDS Net movement in funds At 5.4.24 At 6.4.23 Llwestrfrtèd funds General fund 64217 72,973 137,190 Restrf¢ted funds The Hedley Foundatlon Spm England WM )rriSon supern)¥k pk sutton Coldfield Town Councll Sutton Coldfield charltable Trust 81rrr¥n£ham Sports TnJst- Tackling Inequalitles Fund Peter Harr150n Foundation 1.590 877 {$30) 5.998 11261) 13,159) 17J81 1.060 8.992 21,iKK* 5.833 13A19 2A53 1865) 14,1100 4855 (10,998) 37A57 TOTAL FUND5 113,072 61,975 I757 Net movement In fvnd5, included In the atove are as follow5.' Incomin8 resources Resources expended MOvenI Infvnds Urtrestrlrted funds General fund 775,964 1701991) Thq Hedley F(wndatlon Swrt England WM Morrison Supermarkets PIC Sutton Coldfield Town Council Sutton Coldfield CharltablèTwst 8lrmingham Sports Tru5t- Tacklin8 Inequalitles Fund The National Lottery- CnMunity fvnd Peter HarrIS( Found¥tKTrn 1530) [1,502) (1.261) (3.159) (7,ts11 {1.261) 13.159 PJ81 1865 113,9501 14O00) (86S) 13,9XI I4,0) 21H50 {3ZN481 {10.998J T1yr FUNDS 797A14 1735N39) 61,975 Page 17 continued...
ERDINGTON GYMNASTICS CLUB TIA NORTH BIRMINGHAM COMMUNITY GYMIIAsrics NOTÉSTOTHE FINANCIAL STATEMEiifs- coThtlnu FOR THE YEAR ENDED 5 APRIL 2024 MOVEMÉNT IN FUNDS-continued Comp8ratlveJ lor movement In funds Net movernernt In funds At 6.4.22 5.4.23 Unrestrlcted tund5 General fund 23,856 40,361 64.217 Re5trlrtqd ft4nds The Hedlry Foundatio He¥t of England Community Foundatlon lThe Harry Payne Fund) Heart of England Communlty Foundatlon Persimmon PIC TheAlbert Hunt Trust SFQrt England The Cole Charltable Trust 8rit15h Gymna$tlc5 WM Myrlson Supermarkeis PIC Sutton co1¢Ie1 Town Councll Cornfc Rellef Communlty Cash Varity, The chlldren's Charity Sutton Coldfiel(I charable Trust Mxe Umited &[1nharn Sports Trust Tackllng Inequ*litles Fund Peter Harri50n Foundation 2,168 15781 159Q 33 62 62 1331 1621 1621 1841 16,3821 1641 11,1431 11,26Ql 13,3931 11981 12081 7,4801 13,0271 7,259 64 1,143 3,203 12,385 198 877 1,943 8.992 28,480 3,027 21,Q)O 3.318 16,OCQ 1865} 14,OthJi 2A53 12,LIXJ 77,694 128,8391 48,855 TOTAL FUNDS 101,550 11,522 113,072 Pa8e 18 contlnued...
4DINGfoN GYMNAsncs CLV8 TIA NORTM BIRMINGHAM COMMUNTfY GYMNASTICS N07ES TOTHE HNANCIAL sfATEMENfs. continued FOR ThE YEAR ENDED 5 APRIL 2024 MOVEMENTIN FUK15- llInd Comparatlve net movement in funds, included in the above are as folbws: Incornlng resources Reswrces eypended Movement in funds Unre51rkted funds General fund 673,455 1633,0941 40.361 Restrfcted funds The Hlé¥ Fwndatl¢ Heart of England CL*nmunity Foundatlon {The Harry Payne Fund) Heart of England Communlty Foundatlon Persirnmon Fl¢ The Albert HuntTrust Sport England The Cole C17aritable Trust Britlsh GymnastS WM Morrison Supermarket5 PIC Sutton Coldlleld Town Councll Comic Rellef Communlty Cash Varlety, Thechlldren's Charity Sutton Coklfield Charitable Trust Mace Limlted BirmEngham Sports Tru5t.Tacklln Inequalltles Fund The Natlonal Lottery- Communlty Fund Peter Harrlson Foundatlon 15781 15781 133) 162) 1621 1841 16,382 164 11,1431 11,2601 13,393 11981 12081 {7,4801 {3,0271 1331 1621 621 841 16.3821 1641 11,1431 11,2601 13,3931 11981 12081 7A801 13,0271 18651 127.9001 14.0001 18651 27,9 14.ODJI 27.9 156,7391 128,8391 TOTAL FUNDS 701.355 1689A331 11,522 Un l Fund Thls fund represents the free funds of the charlty that are not deswted for particular purposes. This fund represents funding recelved by Erdlngton Gymnastlcs Club duflng the periods ended 5 Aprfl 2018 and 5 April 2022 from The Hedley Foundation toward5 the purchase of 8ym equipment whkh has been Included wlthin tan8ible fixed assets. This fund presents funding recefved by Erdington GymnastlC5 club during the period ended 5 April 2018 and mro recetrtly the perkid ended 5 April 2024. frorn Sport England toward5 the WICh of equhprnent which has been included wlthln tsngiblefixed a55ets. Pa8e 19 continued...
ERDINGTON GYMNASTICS auB TIA NORTh BIRMINGHAM COMMUNtTY GYMNAsncs NOTESTO THE FINANCIAL STATEMENTS- contbnued FOR ThE YEAR ENDED S APRIL 2024 MOVEMENT IN FUNDS • (ontinued - Wm Mor Ison Su ar Thi5 fund represents funding received by ErdnÉton Gymnastics Club during the period ended 5 Aprll 2018 and 5 April 2020 from Wm Morrison Superrnarkets PIC towards the ongoin8 operational costs of the charity Bnd also to fund dls8bled chan8ln8 faelllty, wn Coundl This fd represents funding received by Erdin8ton GyrnnastiC5 aub durini the periods ended 5 April 2018, 5 Aprll 2019 and 5 April 2022 from SLJttan Coldflekl Town Councl towards the purchase of 8ym equlprnent whlch ha5 been included within tan¥lble fixed assets. This fund represents funding received by Erdington Gymnastics Club durtng the periods ended S April 2018 ènd 5 4>rll 2022 from Sutton Coldfield Charltable Trust towgrds the Wfch&$e of 8ym equipment wfri¢h has been Included wlthin tanglble fixed a55ets, Thls fund represents fundlng received by Erdington G¥mnastlc5 aub during the perlod ended 5 Aprll 2021 from Blmilngham Sports Trust Tackling Inequalities Fund towards the purchase of 8ym equipment whlch has been Included wlthln tan¥lble flxed as5et5. rltted- Y ott - Commu This fund repsentS fundlng received by Erdington Gyrnnastlcs Oub durlng the perfods enéed 5 Aprll 2021, 5 April 2022, 5 April 2023 and 5 April 2024 from The National Lottery - Comfflunity Fund towards the provision and coachir of reLK)und therapy and disabilily 8ymnastks. Thls fund represenr5 funding recelved by Erdlngton Gymnastlc5 Oub durlng the perlod ended 5 Aprfl 2022 from the Peter Harrfson Foundation towards the wrchase of gym equipment whlch has bèen included wh1n tsngibl¢ thxed assets. 17. RELATEO PARTY DISCLOSURES Durfng the year ended S Aprll 2D24 an amount of £12.76912023: £1,450) w45 pald to the trustee, Mr M Combellack In respect of paIr and alteraticn work tarrSed out on the bulldin8 from which the charlty operates. These transattlons were carrled t)ut ¢n nornial commercial temis. Phge 20 continued...
IIXN6rot4 GYMNASTICS CLUB TIA NORTh 8IRhfflNGHAM COMMUNifi GYMNAsncs NOTES TOThE FINANCIALSTATEMENTS. C¢In roR THE YEAR Et4DED 5 APRIL 2024 18. ULTIMATE coKfROWNG PAifTY The chbrily is under the control ¢)f thetrustees. Pa8e21