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|Trustees'
annual
report|||
|Independent
examiner's
report to the trustees|||
|Statement offinancial|activities||
|Statement offinancial|position||
|Notes to the financial statements|||
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||||||||2023||2022|
|---|---|---|---|---|---|---|---|---|---|
|||||||Unrestricted|Restricted||(restaiedl|
||||||Note|funds|funds
E|Total funds
E|Total funds
f|
|Income and|endowments|||||||||
|Donations|||||5|564||564|11,292|
|Charitable
activities|||||6|152,691||152,691|113,027|
|Investment|income||||7|965||965||
|Other income|||||8|3,777||3,777|1,950|
|Total income||||||157,997||157,997|126,269|
|Expenditure||||||||||
|Expenditure|on charitable||activities||9,10|111,946|9,166|121,112|106,596|
|Total expenditure||||||111,946|9,166|121,112|106,596|
|Net income|and net movement|||in funds||46,051|(9,166)|36,885|19,673|
|Reconciliation
offunds||||||||||
|Total funds|brought|forward as||previously||||||
|reported||||||116,593|9,166|125,759|96,674|
|Prior year adjustment||||||(11,549)||(11,549)|(2,137)|
|Total funds|brought|forward as restated||||105,044|9,166|114,210|94,537|
|Total funds|carried|forward||||151,095||151,095|114,210|
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||||Statement of Financial Po
31August 2023|sition|||
|---|---|---|---|---|---|---|
||||||2023|2022|
|||||Note|6|(restatedj
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|Fixed assets|||||||
|Tangible fixed assets||||17|16,065|21,560|
|Current assets|||||||
|Debtors||||18|1,084|1,047|
|Cash at bank and|in|hand|||138,344|113,421|
||||||139,428|114,468|
|Creditors: amounts||falling|due within one year|19|1,898|11,818|
|Net current assets|||||137,530|102,650|
|Total assets less|current||liabilities||153,595|124,210|
|Creditors: amounts||falling|due after more than one year|20|2,500|10,000|
|Net assets|||||151,095|114,210|
|Funds ofthe charity|||||||
|Restricted funds||||||9,166|
|Unrestricted
funds|||||151,095|105,044|
|Total charity funds||||22|151,095|114,210|
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|Adjustme|nts
to the comparative
figures as f|nts
to the comparative
figures as f|ollows:|||
|---|---|---|---|---|---|
|Opening|Unrestricted
Reserves||Decreased|by|2,137|
|Income from Charitable||Activities|Decreased|by|9,412|
|Creditors|Under 1Year||Increased|by|11,549|
|Cash at|Bank||Increased|by|10,000|
|Creditors|Over 1 Year||Increased|by|10,000|
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|5.|Donations||||||
|---|---|---|---|---|---|---|
||||Unrestricted|Total Funds|Unrestricted|Total Funds|
||||Funds|2023|Funds|2022|
|||||||(restated)|
|||||||f.|
||Donations||||||
||Donations||64|64|11,292|11,292|
||Local Giving||500|500|||
||||564|564|11,292|11,292|
|6.|Charitable|activities|||||
|6.|Charitable|activities|||||
|---|---|---|---|---|---|---|
||||Unrestricted|Total Funds|Unrestricted|Total Funds|
||||Funds|2023|Funds|2022|
||||f||f|(restated)
F|
||Gymnastic|sessions fee income|152,691|152,691|113,027|113,027|
|7.|Investment|income|||||
||||Unrestricted|Total Funds|Unrestricted|Total Funds|
||||Funds|2023|Funds|2022|
||||f|f.|f|(restated)
F|
||Bank interest receivable||965|965|||
|8.|Other income||||||
||||Unrestricted|Total Funds|Unrestricted|Total Funds|
||||Funds|2023|Funds|2022|
|||||f|f|(restated)
F|
||Commission|on sale of gym kit|787|787|1,950|1,950|
||Rental income||2,990|2,990|||
||||3,777|3,777|1,950|1,950|
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|9.|Expenditure|on charitable|acti|vities|by fund type||||
|---|---|---|---|---|---|---|---|---|
|||||||Unrestricted|Restricted|Total Funds|
|||||||Funds|Funds|2023|
|||||||E|6||
||Gymnastic|sessions||||109,306||109,306|
||Sports Wales Capital Equipment|||Fund|||9,166|9,166|
||Support costs|||||2,640||2,640|
|||||||111,946|9,166|121,112|
|||||||Unrestricted|Restricted|Total Funds|
|||||||Funds|Funds|2022|
|||||||||(restated)|
|||||||||F|
||Gymnastic|sessions||||97,766||97,766|
||Sports Wales Capital Equipment|||Fund|||8,830|8,830|
||Support costs||||||||
|||||||97,766|8,830|106,596|
|10.|Expenditure|on charitable|activities||by activity type||||
||||||Activities||||
||||||undertaken|Support|Total funds|Total fund|
||||||directly|costs|2023|2022|
||||||8|6|E|F|
||Gymnastic|sessions|||109,306|2,640|111,946|97,766|
||Sports Wales Capital Equipment|||Fund|9,166||9,166|8,830|
||||||118,472|2,640|121,112|106,596|
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|||||Gymnastic|||
|---|---|---|---|---|---|---|
|||||sessions
P|Total 2023
f|Total2022|
|Communications||and IT||428|428||
|General office||||892|892||
|Independent|examination||fees|1,320|1,320||
|||||2,640|2,640||
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||||||||2023|2022|
|---|---|---|---|---|---|---|---|---|
|||||||||(restated/|
||||||||5|F|
||Depreciation||oftangible|fixed assets|||9,456|8,830|
||Operating|lease rentals|||||31,839|30,980|
|14.|Independent||examination||fees||||
||||||||2023|2022|
|||||||||(restated/|
|||||||||5.|
||Fees payable||to the independent|||examiner for:|||
||Independent||examination||ofthe|financial statements|1,320||
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|Staff costs||||||
|---|---|---|---|---|---|
|The total staff costs and|employee|benefits for the reporting|period|are analysed as|follows:|
|||||2023|2022|
||||||(restated/|
|||||6|F|
|Wages and salaries||||32,059|31,674|
|Employer contributions|to pension|plans||613||
|||||32,672|31,674|
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||||||||At|
|---|---|---|---|---|---|---|---|
|||At
1 Sep 2022|Income|Expenditure|Transfers|Prior year
adjustments|31 Aug 202
3|
|||L||6|F|F||
|General funds||116,593|157,997|(111,946)||(11,549)|151,095|
||||||||At|
|||At||||Prior year|31 Aug 202|
|||1 Sep 2021|Income|Expenditure|Transfers|adjustments|2|
||||F|F|L|5||
|General funds||78,413|126,269|(97,766)|265|(2,137)|105,044|
|Restricted|funds|||||||
||||||||At|
|||At||||Pnor year|31Aug 202|
|||1 Sep 2022|Income|Expenditure|Transfers|adjustments|3|
|||F||L|5|E||
|Sports Wales||||||||
|Capital||||||||
|Equipment|Fund|9,166||(9,166)||||
|I ucy Ellis||||||||
|Foundation||||||||
|||9,166||(9,166)||||
||||||||At|
|||At||||Prior year|31 Aug 202|
|||1 Sep 2021|Income|Expendituref|Transfers
5|adkustments
5|2
5|
|Sports Wales||||||||
|Capital||||||||
|Equipment|Fund|17,996||(8,830)|||9,166|
|Lucy Ellis||||||||
|Foundation||265|||(265)|||
|||18,261||(8,830)|(265)||9,166|
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|Analysis|of net as|se|ts between funds||||
|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total Funds|
|||||Funds|Funds|2023|
|||||||6|
|Tangible|fixed assets|||16,065||16,065|
|Current|assets|||139,428||139,428|
|Creditors|less than|1|year|(1,898)||(1,898)|
|Creditors|greater than||1 year|(2,500)||(2,500)|
|Net assets||||151,095||151,095|
|||||Unrestricted|Restricted|Total Funds|
|||||Funds|Funds|2022|
|||||6|||
|Tangible|fixed assets|||12,394|9,166|21,560|
|Current assets||||114,468||114,468|
|Creditors|less than|1|year|(11,818)||(11,818)|
|Creditors|greater than||1 year|(10,000)||(10,000)|
|Net assets||||105,044|9,166|114,210|
##
|Operating
lea|Operating
lea|se commit|ments|||||
|---|---|---|---|---|---|---|---|
|The total future||minimum|lease payments|under non-cancellable|operating|leases are|as follows:|
|||||||2023|2022|
||||||||(restated)|
|||||||8|6|
|Not later than||1 year||||28,152|28,152|
|Later than|1 year and not||later than 5years||||28,152|
|||||||28,152|56,304|