2022-08-31-accounts

Investment perfcrnrKo 0g81rn1 ob￿Ch¥eS NIA

Financial Review	Financial Review
Rewew ofthe chanty's			Para	1 21	The Club's		financial	position at the end				of
financial position at	the end				the period		was healthy.
ofthe penod
Statement explaining	the		Para	1 22	Reserves	are held to replace or upgrade
policy for holding reserves					gymnastics		equipment.			Furthermore,	the
stating why they are	held				club has a		plan to lease a dedicated facility
					and is setting funds			aside for the renovation
					and equipment for this					facility.
Amount of reserves	held				E73,745
Reasons for holding	zero				N/A
reserves
Details of fund materially		in	Para	1.24
deficit					N/A
concern
Explanation ofany			Para	1.23
uncertainties about	the				N/A
chanty continuing as a going
Additional information (optional)
You ma choose to indude		further statements			where relevant about:
					The Club's		principal	sources offunds			are
The charity's principal sources offunds (including			Para	1ar	from fees attending	from (the parents of)children gymnastics classes.
any fundraising)
					N/A
Investment policy and
objecbves induding	any
social investment policy
adopted
					The Club's		principal	risks are (I)the
A description ofthe	principal		Para	sas	availability		ofsuitable		locations for
risks facing the charity					gymnastics		dasses	and (ii)the availability
					ofsuitable		qualified	coaches iii) not being
					able to run		dasses due			to forced dosure
					from further outbreaks					and restrictions		due
					to COVID.

I - ~I: s	I - ~I: s	I - ~I: s
I	=	~
I		~
I	=	~