Trustees’ Annual Report for the period
From APRIL 2023 Period start date To APRIL 2024 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 actvites: The Club ofers a range of actvites to partcipants from the age of 3 and above in general gymnastcs, tumbling, conditoning, dance and competton. The club aims to ofer a safe, healthy learning environment. ~Classes/training is ofered to all genders, races, ethnicites and social backgrounds. The club gives all members the opportunity to atend and take part in gymnastcs compettons and displays within the UK. The trustees have used the guidance issued by the charity commission on public beneft and have identfed the objectves and aims of the club have been meet. Trustees have been able to identfy this from club registers and enrolment forms and through the success of individuals achievement in the classes through the Britsh Gymnastcs Badge scheme and the success at various compettons. |
| 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 secton 4 of the Charites Act 2011 to have due regard to public beneft 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 objectves 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 compettve gymnastcs classes to all abilites and backgrounds Recreatonal classes from beginner, intermediate and advanced levels in general gymnastcs. The beginner classes run for 1 hour 4 tmes a week. We also ofer compettve 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 compettve gymnastcs. The squad sessions total 9 hours a week, Due to coaching levels the general sessions are limited to 18 gymnasts and every session has a waitng list. Future Plans: To atract and train more volunteer coaches To purchase further equipment. |
Additional information (optional)
You may choose to include further statements where relevant about:
Para 1.41 Achievements against objectives set Para 1.41 Performance of fundraising activities against objectives set Para 1.41 Investment performance against objectives Other
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 lef 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 | £9042 |
| Reasons for holding zero reserves |
Para 1.22 | |
| Details of fund materially in deficit |
Para 1.24 | £10,180 – 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 charites main source of funding is through the class subscriptons. Funding is also achieved through the commitee’s fund raising events. The club has also been the benefciary of grant fundingfrom several diferent 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: |
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|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | Constitution |
| 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 frst charity trustees, every trustee must be appointed by a resoluton passed at a properly convened meetng of the charity trustees. |
Additional information (optional)
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Policies and procedures adopted for the induction and training of trustees |
Para 1.51 |
For inducton of new trustees: given required guidance informaton from charity commission website for being a trustee. Given and made aware of club consttuton. 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
| Charityname | East Coast Gymnastcs |
|---|---|
| Other name the charity uses | n/a |
| Registered charitynumber | 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) |
|---|---|---|---|---|
| Treza Casterton | ||||
| Anita Grace | ||||
| Fiona Ison | ||||
– Corporate trustees names of the directors at the date the report was approved Director name Treza Casterton Anita Grace 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)
Type of Name Address adviser
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
Declaratlons The trustees declare that they have approved the trustee8' report above. Slgned on behalf of th¢ charity'8 tru•teo• Signature(s) Full name(sl Position (eg Secretsry, Chair, etc) Date
Balance Sheet For 1st April 2023 to 1st April 2024
| Income | £49,496. 08 |
Expenditure | £45,865. 89 |
Assets (Replacement Value) |
£91,150.00 | ||||
| Income | Expenditure | Banking | |||||||
| 1 | ~~Gymnast Insurance~~ | Parents | Gymnast Insurance | £0.00 | Opening Balance (1st April 2023) |
£5,411.86 | |||
| 2 | Coaches | £0.00 | Coaches | £4,414.8 3 |
Closing Balance (31st March 2024) |
£9,042.05 | |||
| 3 | ClubMembership | £0.00 | ClubMembership | £185.94 | Proft/Loss Accrual | £3,630.19 |
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| 4 | Session Fees | £27,238. 99 |
Session Fees Refunds |
£69.00 | |||||
| 5 | ClubLeotards/Attire | £250.00 | ClubLeotards/Attire | £1,931.0 0 |
Proft/Loss Accrual | ||||
| 6 | Equipment Insurance |
£0.00 | Equipment Insurance |
£1,219.5 7 |
Income | £49,496.08 | |||
| 7 | Donations/Fund Raising |
£4,902.0 9 |
Donations/Fund Raising |
£0.00 | Expenditure | £45,865.89 | |||
| 8 | EquipmentSales | £0.00 | Equipment Purchases |
£7,538.4 5 |
£3,630.19 | ||||
| 9 | Competition Fees | £7,145.0 0 |
Competition Fees | £5,901.0 0 |
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| 10 | Coach Training | £0.00 | Coach Training | £0.00 | Not Through Bank | ||||
| 11 | Promotional Items | £0.00 | Promotional Items | £279.37 | |||||
| 12 | Bank Fees | £0.00 | Bank Fees | £0.00 | |||||
| 13 | Building Maintenance |
£0.00 | Building Maintenance |
£9,297.5 8 |
OutstandingLoans | ||||
| 14 | Building Rent/Electric |
£0.00 | Building Rent/Electric |
£11,729. 15 |
InitialStartup- F Ison | £1,180.00 | |||
| 15 | Hall Fees | £960.00 | Hall Fees | £1,140.0 | CeilingUpgrade - F Ison | £9,000.00 |
| 0 | ||||||||
|---|---|---|---|---|---|---|---|---|
| 16 | Loans | £9,000.0 0 |
Loan Repayments | £2,160.0 0 |
remaining payments of £160 7.375 Remain 45 monthly payments of £200 45 Remain |
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| £49,496. 08 |
£45,865. 89 |
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