##
##
||||||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|
##
##
##
##