2021-12-31-accounts

					Page
Reference and administrative		details ofthe company,	its trustees	and advisors	1
Trustees report					2 —4
Independent examiners	report				5 —6
Statement offinancial	activities
Balance sheet
Cash flow statement
Notes to the financial statements					10-19

					ended 31Dece	mber 2021
					Unrestricted	Restricted	Total funds	Prior year
					funds	income		funds
						funds
				Note
Income
Donations	and	legacies				4,957	4,957	4,319
Charitable	activities				744,830		744,830	616,146
Investments					12		12	72
Total					744,842	4,957	749,799	620,537
Expenditure
Raising funds
Charitable	activities				680,343	1,410	681,753	665,162
Total					680,343'	1,410	681,753	665,162
Net income/(expenditure)				before	64,499	3,547	68,046	(44',625)'
tax for the	reporting		period
Tax payable
Net income/(expenditure)				after	64,499	3,547	68,046	(44,625)
tax before	investment
gains/(losses)
N'et movement		in funds			64,499	3,547	68,046	(44,625)
Reconciliation		offunds:
Total funds	brought forward				200,767	5,802	206,569	251,194
Total funds	carried forward				265,266	9,349	274,615	206,569

	Bal	ance	sh	eet as at31D	ecember 2021
					Restricted
				Unrestricted	income	Total this	Total last
		Note		funds f	'funds f	year E	year f
Fixed assets:
Tangible assets				38,013	9,349	47,362	38,816
Current assets:
Debtors
Cash at bank and in	hand			315,965		315,965	260,603
				-—315,965		315,965	260,603
			I
Creditors: amounts	falling due
within one year		10		43,434		43,434	42,850
				43,434		43,434	42,850
Net current assets/(liabilities)				272,531, ,		272,531	256,569
Long Term Liabilities				45,278		45,278	50,000
Total net assets				265,266	9,349	274,615	206,569
Charity Funds
Restricted funds					9,349	9,349	5,802
Unrestricted funds		11		265,266		265,266	200,767
Total funds				265,266	9,349	274,615	206,569

		Note	2021 E	2020f
Cash Row from operating	activities
Net cash provided by operating activities			75,692	(34,359)
Cash Rows from investing	activities
interest			12	72
Purchase offixed assets			(15,620)	(5,558)
Net cash used in investing	activities		(15,608)	(5,486)
Cash flows from financing	activities
8orrowings				50,000
Borrowings repaid			(4,722)
			(4,722)	50,000
Change in cash and cash equivalents			55,362	10,155
,Cash and cash equivalents	brought forward		260,603	250~
Cash.and cash equivalents	carried forward		315,965	260,603

Income fr	om charitabl	e Activities
		Unrestricted	Restricted	Total funds	Total fund
				2021	2020
		E		E	E
Women' s		75,747		75,747	82,561
Men' s		66,846		66,846	62,906
Acrobatics		10,690		10,690	8,699
Adult		8,251		8,251	8,263
Pre-School		37,472		37,472	30,344
General &Academy		441,155		441,155	307,310
Government	grants	104,669		104,669	116,063
		744,830		744,830	616,218

Inv	estment income
		Unrestricted	Restricted	Total funds	Total fund
				2021	2020
			E	E	E
Sank	interest	12		12	72
		12		12	72

5Analysis o	fexp	endi	ture on	charitable activ	ities
				Unrestricted	Restricted	Total funds	Total funds
				E		2021 f	2020f
Rents Rates				61,886		61,886	61,000
Wages				465,559		465,559	490,452
Pensions				7,167		7,167	6,342
Premises expenses				40,990		40,990	36,896
Telephone and Internet				1,304		1,304	1,149
Advertising				45		45
Sports equipment		costs.		3,941		3,941	17,518
HMRC				27,431		27,431
Training				1,606		1,606	8,661
Sundry expenses				16,341		16,341	11,923
British gymnastics		society		479		479	451
Travel, accommodation				3,485		3,485	1,215
Competitions	and	events. Etc		35,183		35,183	14,995
Accountancy				3,414		3,414	5,905
Legal a'nd Consultancy			fees	4,561		4,561	1,245
Bank charges				1,287		1,287	796
Deprecation				5,664	1,410	7,074	6,614
Total				680,343	1,410	681,753	665,162

This isstated	after charging:	2021	2020
		E	E
Deprecation	ofowned assets	7,074	6,614
Independent	examination	1,500	1,500
Accountancy	services	1,914	4,405

		2021	2020
		f	f
Salaries	and socialsecurity	465,559	490,452
Pension	costs	7,167	6,342
Total		472,726	496,794

Staff Numbers
	2021		2020
	Number		Number
Coaches		24		24
Support		4		4
Total		28		28

8Tangible Fixed Assets Notes tothe financial	statements
	Plant and
	equipment f
Cost Vc
At 1January 2021	104,686
Additions	15,620
Disposals
At 31December 2021	120,306
Depreciation
At 1January 2021	65,870
Charge for a year	7,074
Eliminated on disposal
At 31December 2021'	72,944
Net Book Value
At 31December 2021	47,362
At 31December 2020	38,816

	Brought	Income	Resources	Carried
	Forward		expended	forward
	f	f	f	f
General funds	200,767	744,842	(680,343)	265,266
R'estricted funds	5,802	4,957	(1,410)	9,349
	206,569	749,799	(681,753)	274,615

		General	Restricted	Total	Total
		funds	funds	2021	2020
		2021	2021
		f	f	f	f
Tangible	Fixed Assets	38,013	9,349	47,362	38,816
Debtors
Current	assets	315,965		315,965	260,603
Creditors		(43,434)		(43,434)	(42,850)
Long term liabilities		(45,278)		(45,278)	(50,000)
		265,266	9,349	274,615	.206,569

13Reconciliation o	f.net movement in funds t	o net cash flo	o net cash flo	w from operatin	w from operatin
		2021		2020
			f		f
Net income / (loss) forthe year (as per statement			68,046		(44,625)
offinancial activities
Adjusted for:
Depreciation charges			.7,074		6,614
Interest received			(12)		(72)
(increase) / decrease	in debtors		0
increase / (decrease)	in creditors		584		3,724
			75,692		(34,359)
14Operating lease	commitments
t 31December 2021	the total ofthe charity's future	minimum	lease	payments	under
ancellable operating	leases was:
		2021		2020
		f			f
Amounts payable
Within 1year					60,000
2 —5years
					60,000