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2021-04-05-accounts

Trustees’ Annual Report for the period

From APRIL 2020 Period start date To APRIL 2021 Period end date Charity name: EAST COAST GYMNASTICS

Charity registration number: 1175319

Objectives and Activities

SORP reference
Summary of the purposes of
the charity as set out in its
governing document
Para 1.17 THE PROMOTION OF COMMUNITY
PARTICIPATION IN HEALTHY RECREATION
FOR THE BENEFIT OF THE INHABITANTS
OF THE DISTRICT OF EAST LINDSEY AND
THE SURROUNDING AREA BY THE
PROVISION OF FACILITIES AND
COACHING FOR GYMNASTICS.
Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or services
identified in the accounts.
Para 1.17 and
1.19
Main activities: The Club offers a range of
activities to participants from the age of 3 and
above in general gymnastics, tumbling,
conditioning, dance and competition. The club
aims to offer a safe, healthy learning
environment. ~Classes/training is offered to all
genders, races, ethnicities and social
backgrounds. The club gives all members the
opportunity to attend and take part in
gymnastics competitions and displays within the
UK
The trustees have used the guidance issued by
the charity commission on public benefit and
have identified the objectives and aims of the
club have been meet. Trustees have been able
to identify this from club registers and
enrolment forms and through the success of
individuals achievement in the classes through
the British Gymnastics Badge scheme and the
success at various competitions.
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit
Para 1.18 The trustees have complied with the duty in
section 4 of the Charities Act 2011 to have due
regard to public benefit guidance published by
the Commission.

Additional information (optional) You may choose to include further statements where relevant about:

SORP reference
Policy on grant making Para 1.38
Policy on social investment
including program related
investment
Para 1.38
Contribution made by
volunteers
Para 1.38 The club is solely run by volunteers who show
excellent commitment to achieving the
objectives set out for the club
Other

Achievements and Performance

SORP reference
Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.
Para 1.20 We deliver general and competitive gymnastics
classes to all abilities and backgrounds
Recreational classes from beginner,
intermediate and advanced levels in general
gymnastics. These classes run for 1 hour 30 mins
5 times a week.
Also offer competitive squad sessions that
members can try out for or be invited into.
These sessions are for members who show
commitment, hard work and enthusiasm for
competitive gymnastics.
Due to coaching levels the general sessions are
limited to 16 gymnasts and every session has a
waiting list.
Future Plans:
To attract and train more volunteer coaches
Topurchase further equipment.

Financial Review

Financial Review
Review of the charity’s
financial position at the end
of the period
Para 1.21 Acceptable
Statement explaining the
policy for holding reserves
stating why they are held
Para 1.22 The trustees do not have a reserves policy but
have agreed that any monies left are carried
forward to be used to help maintain current
equipment or fund new equipment and to pay
for anyincrease in overheads.
Amount of reserves held Para 1.22 £4,689
Reasons for holding zero
reserves
Para 1.22
Details of fund materially in
deficit
Para 1.24 £8,680 – outstanding loans to be paid over the
coming years
Explanation of any
uncertainties about the
charity continuing as a going
concern
Para 1.23

Additional information (optional) You may choose to include further statements where relevant about:

The charity’s principal
sources of funds (including
any fundraising)
Para 1.47 The charities main source of funding is through
the class subscriptions.
Funding is also achieved through the
committee’s fund raising events.
The club has also been the beneficiary of grant
fundingfrom several different sources.
Investment policy and
objectives including any
social investment policy
adopted
Para 1.46
A description of the principal
risks facing the charity
Para 1.46
Other

Structure, Governance and Management

Description of charity’s
trusts:
Type of governing document
(trust deed, royal charter)
Para 1.25 Consitution
How is the charity
constituted?
(e.g unincorporated
association, CIO)
Para 1.25 CIO
Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees
Para 1.25 Apart from the first charity trustees, every
trustee must be appointed by a resolution
passed at a properly convened meeting of the
charity trustees.

Additional information (optional) You may choose to include further statements where relevant about:

Policies and procedures
adopted for the induction and
training of trustees
Para 1.51 For induction of new trustees:

given required guidance information
from charity commission website for
being a trustee.

Given and made aware of club
constitution.

Made aware and shown clubpolicies.
The charity’s organisational
structure and any wider
network with which the
charity works
Para 1.51
Relationship with any related
parties
Para 1.51
Other

Reference and Administrative details

Charity name East Coast Gymnastics
Other name the charity uses n/a
Registered charity number 1175319
Charity’s principal address 41 SOUTH ROAD
CHAPEL ST. LEONARDS
SKEGNESS
PE24 5TL

Names of the charity trustees who manage the charity

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
Trustee name Office (if any) Dates acted if not for whole
**year **
Name of person (or body) entitled
to appoint trustee (ifany)
KayBrowne Head Fundraiser
Anita Grace
Joanne Davey
Fiona Ison Club Administrator

– Corporate trustees names of the directors at the date the report was approved

Director name Kay Browne Anita Grace Joanne Davey Fiona Ison

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year

Funds held as custodian trustees on behalf of others

Description of the assets held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Names and addresses of advisers (Optional information) Names and addresses of advisers (Optional information) Names and addresses of advisers (Optional information)
Type of
adviser
Name
Address
Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Position (eg Secretary, Chair, etc) Date

EAST COAST GYMNASTICS

RECEIPTS AND PAYMENTS ACCOUNT for the year ended 31ST MARCH 2021

RECEIPTS
£
Balance at 1st April, 2020:
Bank
4689

Subscriptions
8520

Club Leotards
0
Donations/Fund Raising
30559
Equipment Sales
1100
44868
PAYMENTS
Subscription Refunds
Insurance:
Equipment
Club Leotards
Subscription
Equipment Purchases
Competition Fees
Training Fees
Coaching Expenses
Bank Fees
Building Maintenance
Building Rent/Elect
Loan Repayment
Promotional Items
Balance at 31st March, 2021:
Bank
£
407
718
0
133
13581
0
50
1575
26
1550
11303
2920
0
12605
44868

I have examined the above Receipts and Payments which have been prepared from the books, records and explanations provided and hereby certify it to be a true record thereof.

Victoria Clark

______ Independent Examiner

NOTES TO THE RECEIPTS AND PAYMENTS ACCOUNT

Balance Sheet For 1st April 2020 to 1st April 2021

Income £40,179.09 Expenditure £32,262.50 Assets(Replacement Value) £56,729.34
Income Expenditure Banking
~~Gymnast Insurance~~ Via Parents ~~Gymnast Insurance~~ Via Parents OpeningBalance(1st April 2020) £4,688.60
Coaches £0.00 Coaches £1,575.06 ClosingBalance(31st March 2021) £12,605.19
Club Membership £0.00 Club Membership £133.00 Profit/Loss Accrual
£7,916.59
Session Fees £8,520.14 Session Fees £406.50
Club Leotards/Attire £0.00 Club Leotards/Attire £0.00 Profit/Loss Accrual
Equipment Insurance £0.00 Equipment Insurance £718.16 Income £40,179.09
Donations/Fund Raising £30,558.95 Donations/Fund Raising £0.00 Expenditure £32,262.50
Equipment Sales £1,100.00 Equipment Purchases £13,581.19 £7,916.59
Competition Fees £0.00 Competition Fees £0.00
Coach Training £0.00 Coach Training £50.00 Not Through Bank
Promotional Items £0.00 Promotional Items £0.00
Bank Fees £0.00 Bank Fees £25.50
BuildingMaintenance £0.00 BuildingMaintenance £1,550.00 OutstandingLoans
BuildingRent/Electric £0.00 BuildingRent/Electric £11,303.09 Initial Startup - F Ison £5,000.00
Hall Fees £0.00 Hall Fees £0.00 Equipment Upgrade - I Ison £3,680.00
Loans £0.00 Loan Repayments £2,920.00 50 monthly payments of £160 23 Remain
£40,179.09 £32,262.50