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2021-04-05-accounts

Phoenix Dance & Gymnastics Trustees’ Annual Report for the period

From 6[th] December 2019 Period start date To 5[th] April 2021 Period end date

Charity name: Phoenix Dance & Gymnastics

Charity registration number: 1186800

Objectives and Activities

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SORP reference
Summary of the Para 1.17 To advance the physical education and
purposes of the charity development of children attending
as set out in its schools and resident in the Rhondda
governing document Cynon Taff are of Wales by the
provision of facilities and instruction
in gymnastics.
Summary of the main Para 1.17 and The significant activities of the Club
1.19
activities in relation to are: provision of classes and training
those purposes for the sessions for members to undertake
public benefit, in gymnastics activities; coaching and
particular, the activities, training of gymnasts; participation in
projects or services competitions and events; promotion of
identified in the well-being through gymnastics in the
accounts. local community. The Club also
provides a range of activities that
deliver benefit to a wider section of
the public in the community.
Statement confirming Para 1.18 The trustees have due regard to the
whether the trustees guidance relating to public benefit
have had regard to the published by the Charity Commission.
guidance issued by the The Club’s activities are primarily
Charity Commission on intended for the benefit of the people
public benefit in Rhondda Cynon Taff and the
surrounding areas. Our Club is open to
all, regardless of age, race, gender, or
sexual orientation. Gymnastics
requires specialist facilities,
equipment and a high ratio of
qualified coaches to gymnasts to
enable it to take place safely and this
means that it will always be necessary
to charge for the use of the facilities
and for coaching received.
British Gymnastics has a bursary
programme in place to cater for
situations where access to the Club
would otherwise not be possible for a
gymnast whose family are suffering
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significant financial hardship. The provision of quality face to face coaching suffered during the pandemic however Zoom coaching was used as was used in clubs across the country. To enable us to give back to the community schemes were run whilst the club was closed down such as the pack lunch provisions for local children during school holidays and Christmas gift drive providing free Christmas gifts to local children. We believe the club has been able to maintain its core objectives in regards to the physical education of local children throughout lockdowns and still manage to push forward with schemes to help and include those less fortunate within the community.

Additional information (optional)

You may choose to include further statements where relevant about: SORP reference

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SORP reference
Para 1.38
Policy on grant making
Para 1.38
Policy on social
investment including
program related
investment
Approximately 12 volunteers
Para 1.38 regularly help at the gym and
Contribution made by with events organising in the
volunteers background.
The volunteers enable the
coaches to concentrate on the
gymnasts and their development,
this works extremely well and
more volunteers are coming
forward offering to help mostly
from squad classes.
Other
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Achievements and Performance

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SORP reference
The fundraising done this year
has enabled the club to complete
the following –
Summary of the main Begin Installation of a café area,
Para 1.20
achievements of the CCTV,
charity, identifying the Installation of new electric boiler
difference the charity’s with radiators servicing the
work has made to the toilets, office and new café.
circumstances of its To start work on a Café for
beneficiaries and any Parents to sit.
wider benefits to society New equipment eg, safety mats,
as a whole. for the gymnasts use.
FIG Aerobic floor which will make
a huge difference to the
gymnasts training.
Working with other businesses
allowed us to use the building
whilst empty for the wider
community to help during
lockdown for those unfortunate
to be out of work, isolating,
shielding etc.
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Additional information (optional)

You may choose to include further statements where relevant about:

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Achievements against Para 1.41
objectives set
Fundraising has achieved all
objectives for the period.
Performance of
fundraising activities Para 1.41
against objectives set
Investment performance Para 1.41
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agai nst objectives other

Financial Review

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Review of the charity’s Para 1.21 The club has enjoyed a positive
financial position at the year despite the difficulties that
end of the period the pandemic raised, the coaches
not eligible for furlough as they
provided zoom sessions for all
classes was worrying however
the RCTCBC & Sport Wales grant
money allowed us to continue
paying rent and utilities, with our
gymnasts parents supporting by
still paying full fees.
Statement explaining Para 1.22 The trustees have focused on
the policy for holding ensuring that the charity has
reserves stating why sufficient funds available for the
they are held continued operation of the Club,
for necessary refurbishment/
purpose outfitting of facilities
and equipment, and as
contingency for unseen events or
risks.
The Club is developing a forward
plan of significant replacement
and renewal expenditure and
aims on an annual basis to
maintain a level of reserves to
fulfil this plan.
As at the date of this report no
reserves are being held.
Amount of reserves held Para 1.22
Reasons for holding zero Para 1.22 Currently the trustees are agreed
reserves that the club is running as a
going concern and as income is a
steady stream monthly it is not
beneficial to hold reserves at this
time, this will be reviewed
annually.
Details of fund materially Para 1.24
in deficit
Explanation of any Para 1.23 There are no concerns at present.
uncertainties about the
charity continuing as a
going concern
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Additional information (optional)

You may choose to include further statements where relevant about:

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Class fees and the sale of club
merchandise are regular
The charity’s principal identifiable incoming streams.
sources of funds Para 1.47 Biggest fundraising opportunities
(including any arise at holidays ie, Easter,
fundraising) Halloween, Christmas etc and
holiday training camps.
Investment policy and
objectives including any Para 1.46
social investment policy
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adopted
A description of the Para 1.46
principal risks facing the
charity
Other
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Structure, Governance and Management

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Description of charity’s
trusts:
Type of governing Para 1.25 The charity is controlled by its
document governing document, the Club
(trust deed, royal Constitution,
charter)
How is the charity Para 1.25 Charitable Incorporated
constituted? Organisation (CIO) formed on 6 [th]
(e.g unincorporated December 2019
association, CIO) The Club operates in accordance
with the policies and codes of
conduct of the Charity
Commission as well as their
National Governing Body, Welsh
& British Gymnastics.
Trustee selection Para 1.25 Annually we will review the
methods including trustees currently on board and
details of any will appoint and have an election
constitutional provisions for any person who would like to
e.g. election to post or put themselves forward.
name of any person or every trustee must be
body entitled to appoint appointed for a term of four years
one or more trustees by a resolution passed at a
properly convened meeting of the
charity trustees.
In selecting individuals for
appointment as charity trustees,
the charity trustees must have
regard to the skills, knowledge
and experience needed for the
effective administration of the
CIO.
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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 The charity trustees will make
available to each new charity
trustee, on or before his or her
frst appointment:
(a) a copy of the current version
of the constitution; and
(b) a copy of the CIO’s latest
Trustees’ Annual Report and
statement of accounts.
(c) the trustees will also be
guided to the Charity
commissions website to
familiarise themselves with the
rules and regulations in relation
to the commitment they have
taken on.

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4 trustees in rolls as below.
The charity’s
organisational structure Para 1.51 Chair (Volunteer Trustee & Club
and any wider network Secretary)
with which the charity Trustee x 2 (volunteers)
works Head Coach ( Paid Trustee )
The Charity is registered with
Welsh / British Gymnastics
Governing Body.
Claire James and Laura James are
mother and daughter.
Relationship with any Para 1.51
related parties
Other
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Reference and Administrative details

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Charity name Phoenix Dance & Gymnastics
Other name the charity
uses
Registered charity 1186800
number
Charity’s principal Unit 6 Canal Road, Cwmbach, Aberdare CF44 0AG
address
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Names of the charity trustees who manage the charity

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Name of person (or body)
Dates acted if not for
Trustee name Office (if any) entitled to appoint trustee
whole year
(if any)
Claire James Chair / Club Appointed
1
Secretary 06/12/2019
2 :Laura James Head Coach Appointed 06/12/2019
3 Claire Rolls Fundarising Appointed 06/12/2019
4 Rachel Harries Fundraising Appointed 06/12/2019
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
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Corporate trustees – names of the directors at the date the report was approved Director name

Name of trustees holding title to property belonging to the charity

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Trustee name Dates acted if not for
whole year
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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

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) Claire James Position (eg Chair Secretary, Chair, etc)

Date 07/05/2021

Management Report

Phoenix Dance and Gymnastics For the period ended 5 April 2021

Prepared on 5 February 2022

For management use only

Table of Contents

Profit and Loss .................................................................................................................................................3 Balance Sheet..................................................................................................................................................4

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Profit and Loss

6 December, 2019 - 5 April, 2021

Profit and Loss
6 December, 2019 - 5 April, 2021
Total
INCOME
Competition Entry 1,204.45
Donations and legacies 15.00
Fundraising 6,457.71
lilleshall training 40.00
Merchandice 131.29
RCTCBC Covid Grant 45,000.00
Sales of Kit Income 20.00
Services 2,218.80
Training Fees 53,860.06
Uncategorised Income 651.75
Xmas Gymnasts Box 200.00
Total Income 109,799.06
COST OF SALES
Cost of sales 2,615.47
Total Cost of Sales 2,615.47
GROSS PROFIT 107,183.59
EXPENSES
Advertising/Promotional 356.25
Broadband 330.86
Building Maintenance 2,551.12
cleaning equipment 12.00
Computer Costs 704.01
Courses 211.40
Covid 19 487.67
Electricity Bill 2,022.27
GBR Training days 75.00
Insurances 392.00
Office/General Administrative Expenses 8.00
Payroll Expenses
Taxes 1,027.47
Wages 33,469.32
Total Payroll Expenses 34,496.79
Purchase of Kit 800.14
Raising funds 0.45
Rent or Lease of Buildings 18,475.50
Subscriptions 654.35
Travel and Accommodation 423.40
Uncategorised Expenditure 516.89
Uncategorised Expense 117.15
Wagesge -0.32
Total Expenses 62,634.93
NET OPERATING INCOME 44,548.66
NET INCOME £44,548.66

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Phoenix Dance and Gymnastics

Balance Sheet

As of April 5, 2021

Balance Sheet
As of April 5, 2021
Total
FIXED ASSET
Tangible assets
Fixtures and Fittings Cost 30,160.60
Office Equipment Cost 1,192.24
Total Tangible assets 31,352.84
Total Fixed Asset 31,352.84
CASH AT BANK AND IN HAND
Building repair 7,481.86
Grant -4,386.00
Gym Equipment 540.00
Phoenix DGC(4946) 11,822.81
Total Cash at bank and in hand 15,458.67
DEBTORS
Debtors 68.48
Total Debtors 68.48
CURRENT ASSETS
Uncategorised Asset 3,030.45
Total Current Assets 3,030.45
NET CURRENT ASSETS 18,557.60
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade Creditors
Creditors 1,816.26
Total Trade Creditors 1,816.26
Current Liabilities
Current Liabilities -116.00
Payroll Liabilities 0.24
HMRC 402.51
Total Payroll Liabilities 402.75
Total Current Liabilities 286.75
Total Creditors: amounts falling due within oneyear 2,103.01
NET CURRENT ASSETS(LIABILITIES) 16,454.59
TOTAL ASSETS LESS CURRENT LIABILITIES 47,807.43
TOTAL NET ASSETS (LIABILITIES) £47,807.43
CAPITAL AND RESERVES
Retained Earnings 43,972.30
Profit for theyear 3,835.13
Total Capital and Reserves £47,807.43

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Phoenix Dance and Gymnastics

Independent Examiner's Report to the Trustees of Phoenix Dance & Gymnastics

I report to the charity trustees on my examination of the accounts of the charity for the year ended 5 April 2021 which are set out on the receipts and payments account.

Responsibilities and basis of report

As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the charity’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

[I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or 2. the accounts do not accord with those records

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.

Paul Simon Brown FCIE DChA

Suite 2 42 Triangle West Park Street Bristol England BS8 1ES

Company Registration Number:04640504 Registered Office: Suite 2 42 Triangle West, Park Street, Bristol England BS8 1ES