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|Reference and administrative||details ofthe company,|its trustees|and advisors|1|
|Trustees report||||||
|Independent
examiners|report|||||
|Statement offinancial|activities|||||
|Balance sheet||||||
|Cash flow statement||||||
|Notes to the financial statements|||||10-19|
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||||||ended 31Dece|mber 2022|||
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total funds|Prior year|
||||||funds|income||funds|
|||||||funcls|||
|||||Note|||||
|income|||||||||
|Donations|and|legacies||||5,086|5,086|4,957|
|Charitable|activities||||824,157||824,157|744,830|
|Investments|||||200||200|12|
|Total|||||824,357|5,086|829,443|749,799|
|Expenditure|||||||||
|Raising funds|||||||||
|Charitable|activities||||747,967|2,165|750,132|681,753|
|Total|||||747,967|2,165|750,132|681,753|
|Net income/(expenditure)||||before|76,390|2,921|79,311|68,046|
|tax for the|reporting||period||||||
|Tax payable|||||||||
|Net income/(expenditure)||||after|76,390|2,921|79,311|68,046|
|tax before|investment||||||||
|gains/(losses)|||||||||
|Net movement||in funds|||76,390|2,921|79,311|68,046|
|Reconciliation||offunds:|||||||
|Total funds|brought||forward||265,266|9,349|274,615|206,569|
|Total funds|carried||forward||341,656|12,270|353,926|274,615|
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|||||Restricted|||
|---|---|---|---|---|---|---|
||||Unrestricted|income|Total this|Total last|
||||funds|funds|year (2022)|year (2021)|
|||Note||f|f|f|
|Fixed assets:|||||||
|Tangible assets|||47,524|12,270|59,794|47,362|
|Current assets:|||||||
|Debtors|||6,384||6,384||
|Cash at bank and in|hand||381,314|1,563|382,877|315,965|
||||387,698|1,563|389,261|315,965|
|Creditors: amounts|falling due||||||
|within one year||10|67,783|1,563|69,346|43,434|
|Net current assets/(liabilities)|||319,915||319,915|272,531|
|Long Term Liabilities|||25,783||25,783|45,278|
|Total net assets|||341,656|12,270|353,926|274,615|
|Charity Funds|||||||
|Restricted
funds||||12,270|12,270|9,349|
|Unrestricted
funds||11|341,656||341,656|265,266|
|Total funds|||341,656|12,270|353,926|274,615|
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||||2022|2021|
|---|---|---|---|---|
|||Note|f|f|
|Cash flow from operating|activities||||
|Net cash provided
by operating
activities|||97,528|75,692|
|Cash flows from investing|activities||||
|Interest|||200|12|
|Purchase offixed assets|||(21,190)|(15,620)|
|Net cash used in investing|activities||(20,990)|{15,608)|
|Cash flows from financing|activities||||
|Borrowings|||||
|Borrowings
repaid|||(9,626)|(4,722)|
||||(9,626)|{4,722)|
|Change
in cash and cash equivalents|||66,912|55,362|
|Cash and cash equivalents|brought forward||315,965|260,603|
|Cash and cash equivalents|carried forward||382,877|315,965|
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|Income fr|om charitabl|e
Activities||||
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Totai funds|Total fund|
|||||2022|2021|
|||f|||f|
|Women' s||85,769||85,769|75,747|
|Men' s||80,040||80,040|66,846|
|Acrobatics||14,827||14,827|10,690|
|Adult||28,264||28,264|8,251|
|Pre-School||57,548||57,548|37,472|
|Generai 8 Academy||556,909|5,086|561,995|441,155|
|Government|grants|1,000||1,000|104,669|
|||824,357|5,086|829,443|744,830|
|||Unrestricted|Restricted|Total funds|Total fund|
|---|---|---|---|---|---|
|||||2022|2021|
|||||f|f.|
|Bank|interest|200||200|12|
|||200||200|12|
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|5Analysis of|exp|endi|ture
on|charitable
activ|ities|||
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total funds|Total funds|
|||||||2022|2021|
|||||f||f|E|
|Rent 8.Rates||||65,408||65,408|61,886|
|Wages||||507,843||507,843|465,559|
|Pensions||||8,138||8,138|7,167|
|Premises expenses||||56,778||56,778|40,990|
|Telephone
and Internet||||1,207||1,207|1,304|
|Advertising||||712||712|45|
|Sports equipment||costs||8,828||8,828|3,941|
|HMRC||||23,726||23,726|27,431|
|Training||||3,367||3,367|1,606|
|Sundry expenses||||26,640||26,640|16,341|
|British gymnastics||society||1,145||1,145|479|
|Travel, accommodation||||8,179||8,179|3,485|
|Competitions|and|events. Etc||25,348||25,348|35,183|
|Accountancy||||2,695||2,695|3,414|
|Legal and Consultancy|||fees||||4,561|
|Bank charges||||1,360||1,360|1,287|
|Deprecation||||6,593|2,165|8,758|7,074|
|Total||||747,967|2,165|750,132|681,753|
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|This is stated|after charging:|2022|2021|
|---|---|---|---|
|||E|f|
|Deprecation|ofowned assets|8,758|7,074|
|Independent|examination|1,500|1,500|
|Accountancy|services|1,195|1,914|
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|||2022|2021|
|---|---|---|---|
|||f|f|
|Salaries|and social security|507,843|465,559|
|Pension|costs|8,138|7,167|
|Total||515,981|472,726|
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|Staff Numbers|||||
|---|---|---|---|---|
||2022||2021||
||Number||Number||
|Coaches||27||24|
|Support||4||4|
|Total||31||28|
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|Tangible
Fixed Assets
Notes to the financial|statements|
|---|---|
||Plant and|
||equipment|
|Cost||
|At 1January
2022|120,306|
|Additions|21,190|
|Disposais||
|At 31December 2022|141,496|
|Depreciation||
|At 1January 2022|72,944|
|Charge for a year|8,758|
|Eliminated
on disposal||
|At 31December 2022|81,702|
|Net Book Value||
|At 31December 2022|59,794|
|At 31December 2021|47,362|
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|l Debtors||||
|---|---|---|---|
|Debtors: Amounts|falling due within one year|||
|||2022|2021|
|||f|f.|
|Trade debtors||4,224||
|Prepayments||2,160||
|||6,384||
|10Creditors||||
|Creditors: Amounts|falling due within one year|||
|||2022|2021|
||||f|
|Accruals||14,678|1,200|
|Other creditors||46,915|32,867|
|Taxation and social|security|7,753|9,366|
|||69,346|43,434|
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||Brought|Income|Resources|Carried|
|---|---|---|---|---|
||Forward||expended|forward|
||f|f|f|F|
|General funds|265,266|824,357|(747,967)|341,656|
|Restricted funds|9,349|5,086|(2,165)|12,270|
||274,615|829,443|(750,132)|353,926|
|||General|Restricted|Total|Total|
|---|---|---|---|---|---|
|||funds|funds|2022|2021|
|||2022
f|2022f|f|f|
|Tangible|FA (NBV)|47,524|12,270|59,794|47,362|
|Debtors||6,384||6,384||
|Current|assets|381,314|1,563|382,877|315,965|
|Creditors||(67,783)|(1,563)|(69,346)|(43,434)|
|Long term liabilities||(25,783)||(25,783)|(45,278)|
|||341,656|12,270|353,926|274,615|
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|13Reconciliation|of net movement|of net movement|in funds to|net cash flow from operating|net cash flow from operating|activities|
|---|---|---|---|---|---|---|
|||||2022|2021||
|||||f|E||
|Net income /(loss) for the year (as per|||statement|79,311|68,046||
|offinancial activities|||||||
|Adjusted for:|||||||
|Depreciation
charges||||8,758|7,074||
|Interest received||||(200)|(12)||
|(Increase) / decrease||in debtors||{6,384)|0||
|increase / (decrease)||in creditors||16,043|584||
|||||97,528|75,692||
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|2022|2021|
|---|---|
|f|f|
|Amounts
payable|
|---|
|Within 1year|
|2 —5years|
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