Company registration number: 1177378 Charity registration number: CE013412
**WYE GYMNASTICS AND GALAXY CHEERLEADING TRUSTEES' REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025**
No Nonsense Accountancy Ltd
## **Wye Gymnastics and Galaxy Cheerleading Contents**
||**Page**|
|---|---|
|Trustees' Report|1—5|
|Independent Examiner's Report|6|
|Statement of Financial Activities (including Income and Expenditure Account)|7|
|Comparative Statement of Financial Activities (including Income and Expenditure Account)|8|
|Balance Sheet|9|
|Notes to the Financial Statements|10—14|
|The following pages do not form part of the statutory accounts:||
|Detailed Statement of Financial Activities (including Income and Expenditure Account)|15—16|
## **Wye Gymnastics and Galaxy Cheerleading Company No. 1177378 Trustees' Report For The Year Ended 31 March 2025**
The trustees present their report and the financial statements for the year ended 31 March 2025.
## **Objectives and Activities**
## **Aims and Objectives**
## **Our Charitable Aims:**
The promotion of community participation in healthy recreation, in particular by the provision of facilities to participate in gymnastics, cheerleading and gymnastics-related activities for people in Monmouthshire and Newport, particularly but not exclusively for children and young people.
## **Our Vision:**
Promoting wellbeing in our community through a passion for gymnastics and cheerleading
## **Our Mission:**
Inspiring healthy communities by creating exceptional experiences
## **Our Values:**
- Inclusive
Fun
- Supportive
- Accountable Community
## **Public Benefit**
The trustees confirm that they have complied with the duty section 17(5) of the 2011 Charities Act to have due regard to the Charity Commission's general guidance on public benefit when reviewing the Charity's aims and objectives and in planning future activities.
The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006 and in accordance with the Charities SORP (FRS 102).
The trustees confirm that they have complied with the requirements of Section 17 of the Charities Act 2011 to have due regard to the Charity Commission’s guidance on public benefit.
The trustees confirm that they have complied with the requirements of Section 17 of the Charities Act 2011 to have due regard to the Charity Commission’s guidance on public benefit.
## **Achievements and Performance**
## **Main Achievements**
This year has been highly successful for WGGC, marked by significant achievements across our sporting and community programmes.
In February, we were honoured to be named 2025 British Gymnastics Community Club of the Year, with our athletes and coaches celebrating this achievement on national television. We were also extremely proud to receive the 2024 National Street Games Mental Health and Wellbeing Award. The judging panel recognised that “their work in ethnically diverse communities is a testament to the power of sport in bridging divides and boosting mental wellbeing.”
Our community impact continues to grow. We expanded delivery in Newport by introducing two new classes, reaching an additional 30 children. Across our performance pathways, we demonstrated excellence with several standout achievements including:
A 15/16 Male Tumbler winning the 2024 French Cup, placing 2nd at the British Age Group Championships and 4th at the British Championships.
...CONTINUED
Page 1
## **Wye Gymnastics and Galaxy Cheerleading Trustees' Report (continued) For The Year Ended 31 March 2025**
## **Main Achievements - continued**
An 11/12 Female Tumbler finishing 4th at British Age Groups and 7th at the British Championships, securing selection to the British Development Squad.
Four tumbling gymnasts were crowned Welsh Champions across multiple age categories.
The Cheerleading season was particularly strong, delivering:
10 first-place finishes
- 9 second-place finishes
- 3 third-place finishes
Our Acrobatic Gymnastics Competitive Squad also performed impressively at friendly competitions, achieving:
- 4 first-place partnerships
- 6 second-place partnerships
- 4 third-place partnerships
Beyond competition, our community programmes continue to thrive. Love to Move has expanded to include sessions in three care homes, two community hubs, one Age Connects venue, and one pensioners’ club. At our Age Connects venue alone, we now support 15 people each week who are living with dementia. We have also introduced intergenerational sessions involving local schoolchildren, helping to strengthen relationships across age groups.
During March 2025, our Community Fridge reached the remarkable milestone of saving 100,000 kg of food from landfill. Through strengthened partnerships with local farmers, who repurpose surplus food for animal feed, we increased our overall food-saving rate to 98.5%.
We also continued to support local families through our Fit & Fed programme, providing free physical activity sessions and hot meals during school holidays. This initiative supported 250 children over the year. In the lead-up to Christmas, we also worked with the local council to distribute 150 donated dolls, ensuring children in our community received a special gift during the festive season.
Together, these achievements reflect another year of meaningful impact, growth, and excellence for WGGC.
## **Continuous Professional Development**
12 x Young Leaders successfully completed their Sports Leaders Course. 3 staff attended an Understanding Child Poverty
2 x staff Activity Leaders Course
1 x Staff completed their Love to Move Training Module
## **Financial Review**
## **Financial Position**
## **Financial Position**
Regular financial reports are given to the Board of Trustees for financial decisions. Annual accounts are prepared for inspection.
The Board of Trustees strives to maintain reserves to ensure that the charity can continue its work. To this end it aims to hold sufficient reserves to maintain its work for twelve months.
## **Risk Assessment**
The trustees of Wye Gymnastics and Galaxy Cheerleading recognise their responsibility to ensure that the assets and resources of the organisation are used to the best effect in order to ensure that its work continues.
## **PLANS FOR FUTURE PERIODS**
## **Our Priorities for the Coming Year**
...CONTINUED
Page 2
## **Wye Gymnastics and Galaxy Cheerleading Trustees' Report (continued) For The Year Ended 31 March 2025**
## **Financial Position - continued**
Over the next year, we aim to continue expanding our provision in Newport by introducing additional programmes, including Cheerleading, to further engage and benefit the wider community. Alongside this growth, we will remain focused on delivering our charitable objectives through the ongoing development of both our competitive and recreational pathways, ensuring opportunities for participation and progression at every level.
## **Strategic Planning and Our Five-Year Vision**
The coming year marks the final phase of our current five-year plan. Toward the end of the next financial year, we will undertake a comprehensive review to evaluate its impact and outcomes. Building on these insights, we will develop and launch a new strategic framework for 2026–2031, ensuring our organisation continues to grow sustainably and respond effectively to the needs of the organisation and the communities we serve.
## **Structure, Governance and Management**
## **Governing Document**
The charity is a charitable incorporated organisation (CIO) governed accordingly to its constitution. The CIO is an independent charity, number CE013412.
The organisation commenced activities as a registered charity from 1st March 2018. As at 1st March 2018 the assets and liabilities of Wye Gymnastics and Galaxy Cheerleading were merged to form the registered charity.
The governing document of the organisation is its constitution and it defines the process for recruitment and appointment of trustees which is approved at the Annual General Meeting. Every trustee must be appointed for a term of three years by a resolution passed at a properly convened meeting of the charity trustees. Each trustee will receive a copy of the current constitution and a copy of the organisations trustees annual report and statement of accounts.
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. Responsibility for The reporting structures within the organisation give clarity and accountability to the Trustees with contingency policies and procedures to mitigate risks.
The organisation is independent and there are no subsidiaries.
## **Reference and Administrative Details**
## **Trustees**
Mrs Karen Adams - Chair of Trustees Mrs E Choules Mrs E Dent Mrs K Johnson Mrs Carly Hawke - Chief Executive Officer
## **Charity Number**
CE013412
## **Company Number**
1177378
## **Principal Address**
Unit 53E-F Symondscliffe Way Severn Bridge Industrial Estate Portskewett NP26 5PW
## **Independent Examiner**
No Nonsense Accountancy Ltd Chartered Accountants No Nonsense Accountancy Ltd Chartered Accountants
Page 3
## **Wye Gymnastics and Galaxy Cheerleading Trustees' Report (continued) For The Year Ended 31 March 2025**
15 Cwrt Syr Dafydd Llantwit Major Vale of Glamorgan CF61 2SR
Page 4
## **Wye Gymnastics and Galaxy Cheerleading Trustees' Report (continued) For The Year Ended 31 March 2025**
## **Small Company Rules**
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies’ regime within Part 15 of the Companies Act 2006.
The trustees' report was approved by the board of trustees and signed on its behalf by:
Mrs Karen Adams Trustee 14/01/2026
Page 5
**Wye Gymnastics and Galaxy Cheerleading Independent Examiner's Report to the Trustees of Wye Gymnastics and Galaxy Cheerleading For The Year Ended 31 March 2025**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2025.
## **Responsibilities and Basis of Report**
As the charity trustees of the Company (and also its directors for the purposes of company law), you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (“the 2006 Act”).
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
## **Independent Examiner's Statement**
Since the Company’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of The Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
No Nonsense Accountancy Ltd Chartered Accountants
14/01/2026 15 Cwrt Syr Dafydd Llantwit Major Vale of Glamorgan CF61 2SR
Page 6
## **Wye Gymnastics and Galaxy Cheerleading Statement of Financial Activities (including Income and Expenditure Account) For The Year Ended 31 March 2025**
|**Notes**
**INCOME AND ENDOWMENTS FROM:**
Donations and legacies
**3**
Charitable activities:
Sale of Goods
Sale of services
Other trading activities
**4**
Investments
**5**
**EXPENDITURE ON:**
Raising funds
**7**
Charitable activities:
**7**
**NET INCOME**
**NET MOVEMENT IN FUNDS**
**RECONCILIATION OF FUNDS:**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**
**19**|**Unrestricted**
**funds**
**£**
48,060
86,960
374,414
25,035
55|**Restricted**
**funds**
**£**
-
-
-
-
-|**2025**
**Total**
**funds**
**£**
48,060
86,960
374,414
25,035
55|**2024**
**Total**
**funds**
**£**
99,836
24,898
289,594
24,503
496|
|---|---|---|---|---|
||534,524|-|534,524|439,327|
||(533,717)|-|(533,717)|(388,104)|
||807|-|807|51,223|
||807
66,049|-
17,500|807
83,549|51,223
32,326|
||66,856|17,500|84,356|83,549|
The notes on pages 10 to 14 form part of these financial statements.
Page 7
## **Wye Gymnastics and Galaxy Cheerleading Comparative Statement of Financial Activities (including Income and Expenditure Account)**
## **For The Year Ended 31 March 2025**
|**Notes**
**INCOME AND ENDOWMENTS FROM:**
Donations and legacies
**3**
Charitable activities:
Sale of Goods
Sale of services
Other trading activities
**4**
Investments
**5**
**EXPENDITURE ON:**
Raising funds
**7**
Charitable activities:
**7**
**NET INCOME**
**NET MOVEMENT IN FUNDS**
**RECONCILIATION OF FUNDS:**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**
**19**|**Unrestricted**
**funds**
**£**
99,836
24,898
289,594
24,503
496|**Restricted**
**funds**
**£**
-
-
-
-
-|**2024**
**Total**
**funds**
**£**
99,836
24,898
289,594
24,503
496|
|---|---|---|---|
||439,327|-|439,327|
||(388,104)|-|(388,104)|
||51,223|-|51,223|
||51,223
14,826|-
17,500|51,223
32,326|
||66,049|17,500|83,549|
The notes on pages 10 to 14 form part of these financial statements.
Page 8
## **Wye Gymnastics and Galaxy Cheerleading Balance Sheet As At 31 March 2025**
|**Notes**
**FIXED ASSETS**
Tangible Assets
**12**
**CURRENT ASSETS**
Stocks
**13**
Debtors
**14**
Cash at bank and in hand
**Creditors: Amounts Falling Due Within One Year**
**15**
**NET CURRENT ASSETS (LIABILITIES)**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**Creditors: Amounts Falling Due After More Than One**
**Year**
**16**
**NET ASSETS**
**FUNDS OF THE CHARITY**
Restricted Funds
Unrestricted Funds
**TOTAL FUNDS**
**19**|**Unrestricted**
**funds**
**£**
102,958|**Restricted**
**funds**
**£**
-|**2025**
**Total**
**funds**
**£**
102,958|**2024**
**Total**
**funds**
**£**
114,044|
|---|---|---|---|---|
||102,958
1,543
8,822
-|-
-
-
17,500|102,958
1,543
8,822
6,944|114,044
1,543
13,084
-|
||10,365
(32,856)|17,500
-|17,309
(22,300)|14,627
(21,303)|
||(22,491)|17,500|(4,991)|(6,676)|
||80,467|17,500|97,967|107,368|
||(13,611)|-|(13,611)|(23,819)|
||66,856|17,500|84,356|83,549|
||||17,500
66,856|17,500
66,049|
||||84,356|83,549|
For the year ending 31 March 2025 the charitable company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the charitable company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
On behalf of the board
Mrs Karen Adams Trustee 14/01/2026
The notes on pages 10 to 14 form part of these financial statements.
Page 9
## **Wye Gymnastics and Galaxy Cheerleading Notes to the Financial Statements For The Year Ended 31 March 2025**
## 1. **General Information**
Wye Gymnastics and Galaxy Cheerleading is a company limited by guarantee, incorporated in England & Wales, registered number 1177378 and registered charity number CE013412. The registered office is .
## 2. **Accounting Policies**
## 2.1. **Basis of Preparation of Financial Statements**
The financial statements have been prepared in accordance with the Charities SORP (FRS 102) "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)", Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
The charitable company is a Public Benefit Entity as defined by FRS 102.
## 2.2. **Incoming Resources**
The breakdown of the income for the year is as shown.
## 2.3. **Tangible Fixed Assets and Depreciation**
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Leasehold No Depreciation Plant & Machinery 15% on Cost Motor Vehicles 25% Reducing Balance Fixtures & Fittings 25% on cost
## 2.4. **Stocks and Work in Progress**
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks.
Cost is determined using the first-in, first-out method. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Work in progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
At the end of each reporting period stocks are assessed for impairment. If an item of stock is impaired, the identified stock is reduced to its selling price less costs to complete and sell and an impairment charge is recognised in the statement of financial activities. Where a reversal of the impairment is required the impairment charge is reversed, up to the original impairment loss, and is recognised as a credit in the statement of financial activities.
## 2.5. **Cash and Cash Equivalents**
Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.
## 3. **Income from Donations and Legacies**
|.
**Income from Donations and Legacies**|||
|---|---|---|
||**2025**|**2024**|
||**Unrestricted**|**Unrestricted**|
||**funds**|**funds**|
||**£**|**£**|
|Donations and gifts|48,060|99,836|
Page 10
## **Wye Gymnastics and Galaxy Cheerleading Notes to the Financial Statements (continued) For The Year Ended 31 March 2025**
4. **Income from Other Trading Activities**
|4.
**Income from Other Trading Activities**||||
|---|---|---|---|
|Income from other trading activities
5.
**Investment Income**
Bank interest receivable
6.
**Net Income/(Expenditure)**
The net income is stated after charging/(crediting):
Depreciation of tangible fixed assets - owned
7.
**Analysis of Expenditure**
Raising funds
Raising funds
8.
**Support Costs**
Employee costs
Premises expenses
General administration
Depreciation
Interest payable
Governance costs|**Activities**
**undertaken**
**directly**
**£**
360,662|**2025**
**Unrestricted**
**funds**
**£**
25,035|**2024**
**Unrestricted**
**funds**
**£**
24,503|
|||**2025**
**Unrestricted**
**funds**
**£**
55|**2024**
**Unrestricted**
**funds**
**£**
496|
|||**2025**
**£**
13,086|**2024**
**£**
12,956|
|||**Support**
**costs**
(see note 8)
**£**
173,055|**2025**
**Total**
**£**
533,717|
||**Activities**
**undertaken**
**directly**
**£**
240,625|**Support**
**costs**
(see note 8)
**£**
147,479|**2024**
**Total**
**£**
388,104|
||||**2025**
**Raising**
**funds**
**£**
64,298
78,298
13,693
13,086
152
3,528|
||||173,055|
Page 11
**Wye Gymnastics and Galaxy Cheerleading Notes to the Financial Statements (continued) For The Year Ended 31 March 2025**
|Employee costs
Premises expenses
General administration
Depreciation
Interest payable
Governance costs
9.
**Independent Examiner's Remuneration**
Independent examination of the financial statements
10.
**Staff Costs**
Staff costs were as follows:
Wages and salaries
Social security costs
Other pension costs|**2025**
**£**
3,528
**2025**
**£**
249,631
14,054
5,458
269,143|**2024**
**Raising**
**funds**
**£**
47,895
67,602
16,313
12,956
185
2,528|
|---|---|---|
|||147,479|
|||**2024**
**£**
2,528|
|||**2024**
**£**
186,138
6,521
3,600|
|||196,259|
No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000.
11. **Average Number of Employees**
Average number of employees during the year was: 33 (2024: 28)
## 12. **Tangible Assets**
## **Land & Property**
|**Cost**
As at 1 April 2024
Additions
As at 31 March 2025
**Depreciation**
As at 1 April 2024
Provided during the period
As at 31 March 2025|**Leasehold**
**£**
91,737
2,000|**Plant &**
**Machinery**
**£**
70,499
-|**Motor**
**Vehicles**
**£**
5,520
-|**Fixtures &**
**Fittings**
**£**
5,789
-|**Total**
**£**
173,545
2,000|
|---|---|---|---|---|---|
||93,737|70,499|5,520|5,789|175,545|
||-
-|54,491
10,575|1,265
1,064|3,745
1,447|59,501
13,086|
||-|65,066|2,329|5,192|72,587|
...CONTINUED
Page 12
## **Wye Gymnastics and Galaxy Cheerleading Notes to the Financial Statements (continued) For The Year Ended 31 March 2025**
|**Net Book Value**
As at 31 March 2025
93,737
5,433
As at 1 April 2024
91,737
16,008
13.
**Stocks**
Stock
14.
**Debtors**
**Due within one year**
Trade debtors
Other debtors
15.
**Creditors: Amounts Falling Due Within One Year**
Trade creditors
Bank loans and overdrafts
Other creditors
Taxation and social security
Accruals and deferred income
16.
**Creditors: Amounts Falling Due After More Than One Year**
Bank loans
17.
**Loans**
An analysis of the maturity of loans is given below:
Amounts falling due between one and five years:
Bank loans|93,737|5,433|3,191|3,191|597|102,958|
|---|---|---|---|---|---|---|
||91,737|16,008|4,255||2,044|114,044|
||||||**2025**
**£**
1,543
**2025**
**£**
522
8,300
8,822
**2025**
**£**
6,323
-
2,314
12,361
1,302
22,300
**2025**
**£**
13,611
**2025**
**£**
13,611|**2024**
**£**
1,543|
|||||||**2024**
**£**
719
12,365|
|||||||13,084|
|||||||**2024**
**£**
2,474
3,545
3,157
10,967
1,160|
|||||||21,303|
|||||||**2024**
**£**
23,819|
|||||||**2024**
**£**
23,819|
## 18. **Pension Commitments**
The charitable company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the charitable company in an independently administered fund.
During the year the charge to the statement of financial activities in respect of defined contribution schemes was £5,458 (2024: £3,600).
At the balance sheet date contributions of £NIL were due to the fund and are included in creditors.
Page 13
## **Wye Gymnastics and Galaxy Cheerleading Notes to the Financial Statements (continued) For The Year Ended 31 March 2025**
## 19. **Movement in Funds**
|**Unrestricted funds**
General:
General unrestricted fund
**Restricted funds**
Restricted Fund
**Total funds**
**Unrestricted funds**
General:
General unrestricted fund
**Restricted funds**
Restricted Fund
**Total funds**|**As at 1 April**
**2024**
**£**
66,049
17,500|**Income**
**£**
534,524
-|**Expenditure**
**£**
(533,717)
-|**As at 31**
**March 2025**
**£**
66,856
17,500|
|---|---|---|---|---|
||83,549|534,524|(533,717)|84,356|
||**As at 1 April**
**2023**
**£**
14,826
17,500|**Income**
**£**
439,327
-|**Expenditure**
**£**
(388,104)
-|**As at 31**
**March 2024**
**£**
66,049
17,500|
||32,326|439,327|(388,104)|83,549|
## 20. **Transactions with Trustees**
During the year the expenses reimbursed to the trustees or paid directly to third parties were as follows:
|**2025**|**2024**|
|---|---|
|**£**|**£**|
## 21. **Related Party Disclosures**
## 22. **Company limited by guarantee**
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
Page 14
**Wye Gymnastics and Galaxy Cheerleading Detailed Statement of Financial Activities (including Income and Expenditure Account) For The Year Ended 31 March 2025**
|**INCOME AND ENDOWMENTS FROM:**
**Donations and legacies**
Donations and gifts
**Charitable Activities:**
**Sale of Goods**
Sale of goods or services
**Sale of services**
Income from charitable activities
**Other trading activities**
Income from other trading activities
**Investments**
Bank interest receivable
**EXPENDITURE ON:**
**Raising funds**
Purchases
Other trading activities
Advertising, marketing, direct mail and publicity
Wages and salaries
Employers NI
Printing, postage and stationery
Bank interest payable
Employers pensions - defined contributions scheme
Trustees' salaries
Temporary staff
Staff training
Staff entertaining
Travel and subsistence expenses
Rent
Light and heat
Water rates
Repairs and maintenance
Cleaning
Premises insurance
Other premises costs
Computer software costs
Telecommunications
Professional fees|**2025**
**Total**
**funds**
**£**
48,060|**2024**
**Total**
**funds**
**£**
99,836
99,836
24,898
24,898
289,594
289,594
24,503
24,503
496
496
439,327
(59,805)
(19,685)
(378)
(153,138)
(6,521)
(657)
(441)
(3,600)
(33,000)
(2,621)
(2,353)
(8)
(6,313)
(41,631)
(6,406)
(416)
(5,518)
(1,401)
(5,453)
(6,777)
(6,443)
(1,150)
(4,975)
...CONTINUED|
|---|---|---|
||48,060
86,960||
||86,960
374,414||
||374,414
25,035||
||25,035
55||
||55||
||534,524
(85,990)
(42,693)
(217)
(216,631)
(14,054)
(636)
(441)
(5,458)
(33,000)
-
(853)
-
(24,987)
(42,445)
(13,793)
(788)
(4,163)
(1,237)
(9,335)
(6,537)
(5,939)
(1,253)
(3,600)||
Page 15
## **Wye Gymnastics and Galaxy Cheerleading Detailed Statement of Financial Activities (including Income and Expenditure Account) (continued) For The Year Ended 31 March 2025**
|Subscriptions
Charitable donations
Sundry expenses
Depreciation of plant and machinery
Depreciation of motor vehicles
Depreciation of fixtures and fittings
Bank charges
Independent examiner's fees
**NET INCOME**|(2,901)
-
-
(10,575)
(1,064)
(1,447)
(152)
(3,528)|(3,494)
(250)
(1)
(10,309)
(1,265)
(1,382)
(185)
(2,528)|
|---|---|---|
||(533,717)|(388,104)|
||(533,717)|(388,104)|
||807|51,223|
Page 16