| Objecti | v | e | s and | Activiti | es | |
|---|---|---|---|---|---|---|
| SORP reference | ||||||
| Summary ofthe purposes of the charity as set out in its |
Pare 1.17 | The promotion ofcommunity participation in healthy recreation for |
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| governing | document | the benefit ofthe inhabitants ofWest Yorkshire in particular by the provision |
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| offacilities for mnastics. |
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| Summary activities |
ofthe main in relation tothose |
Para 1.17and 1.19 |
Panache Gymnastics are a community gymnastics club that bring people |
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| purposes | for the public | together and build strong relationships | ||||
| benefit, | in particular, | the | in and across the Kirklees community | |||
| activities, | projects or | by offering gymnastics classes suitable |
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| services | identified in |
the | to all ages and abilities. The club runs a | |||
| accounts. | fantastic pathway which allows all |
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| gymnasts to achieve their full potential |
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| in the sport. The club has opened its | ||||||
| doors to schools, nurseries and families |
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| in the local community and surrounding |
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| areas to allow the opportunity for |
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| everyone toaccess our reputable | ||||||
| programmes. Panache Gymnastics has |
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| continued to develop its classes to | ||||||
| reach out toa bigger variety ofpeople | ||||||
| by introducing further classes to meet |
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| the needs ofall individuals. | ||||||
| Statement | confirming | Para 1.18 | As a charity our trustees have had | |||
| whether | the trustees | have | numerous meetings throughout the year |
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| had regard | tothe guidance | to discuss the ongoings ofthe club and | ||||
| issued by | the Charity | to communicate further developments. |
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| Commission | on public | Our initial meeting discussed the | ||||
| benefit | guidance issued by the charity | |||||
| Commission on public benefit so I can |
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| confirm all trustees have good | ||||||
| knowled eofthis. |
| Para 1,38 | ||||||
|---|---|---|---|---|---|---|
| Policy on | social investment | |||||
| including | program | related | ||||
| investment | ||||||
| Para 1.38 | ||||||
| Contribution | made by | |||||
| volunteers | ||||||
| Other | ||||||
| chieve | m | e | nts | and Performance | ||
| SORP reference | ||||||
| Panache Gymnastics are a reputable |
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| club who thrive on delivering high |
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| quality gymnastics classes for children |
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| Summary of achievements |
the main ofthe charity, |
Para 1.20 | ofall ages and abilities in the Kirklees region. We have built our membership |
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| identifying | the difference the | number to over 300children within the |
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| charity's | work has made to | area and plan to continue to increase | ||||
| the circumstances | of its | these numbers. The club offers different |
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| beneficiaries | and | any wider | disciplines ofgymnastics, including |
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| benefits to | society as a | general gymnastics, competitive |
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| whole. | pathways, development groups, |
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| tumbling and floor and vault groups. |
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| This isjust the start as our aim isto | ||||||
| continue adding sessions to suit all | ||||||
| children and eventually introduce adult |
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| gymnastics and fitness classes too. |
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| The club also runs holiday camps to | ||||||
| help parents with childcare over the | ||||||
| school holidays —we eventually would |
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| like to introduce the possibilities of | ||||||
| using childcare vouchers to further help |
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| people within our community. | ||||||
| Further achievement this year include |
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| introducing zoom classes through the |
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| lockdowns to help children keep active |
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| and healthy. We made sure they | ||||||
| included lots offun activities as well as |
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| time at the end ofeach session to chat | ||||||
| to the group and give children the | ||||||
| opportunity to discuss how they were |
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| feeling, managing and coping with the |
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| pandemic. Alongside the gymnastics | ||||||
| zoom classes we also set online | ||||||
| challenges, fitness activities, creative |
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| activities like colouring sheets and | ||||||
| design a new leotard and opportunities | ||||||
| to experience speciflied coaching from |
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| rofessionals outside ofour club. |
| Financ | ial Review |
ial Review |
ial Review |
ial Review |
ial Review |
ial Review |
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|---|---|---|---|---|---|---|---|---|---|---|
| Review | ofthe charity's | Para 1.21 | This year set the club at a financial loss | |||||||
| financial | position at | the | end | due to the Covid19 Pandemic. Panache | ||||||
| ofthe period | Gymnastics was forced to close the |
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| doors for a period of6months over the | ||||||||||
| year. This loss had a big impact on the | ||||||||||
| financial side ofthe club. Thankfully the |
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| club received a number ofGovernment | ||||||||||
| grants which helped to sustain the | ||||||||||
| runnings ofthe club. Excess funds were |
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| used towards much needed | ||||||||||
| maintenance work to allow the safe |
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| reopening ofthe club. The club also |
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| succeeded in obtaining a grant from |
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| Sport England which was granted to | ||||||||||
| help with outstanding rental payments |
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| that the cub was unable to make during | ||||||||||
| this time. | ||||||||||
| Statement | explaining | the | Para 1.22 | As a club we have made the decision to | ||||||
| policy for holding reserves | use the funds received during the year | |||||||||
| stating | why | they are | held | to reduce the risk ofcosts | ||||||
| overwhelming the club. after the year we |
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| have endured with the Covid19 |
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| restrictions and lockdowns the trustees |
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| feel that this was the best policy to | ||||||||||
| avoid the club running into financial |
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| ruin. | ||||||||||
| Amount | of | reserves | held | Para 1.22 | Nil | |||||
| Reasons | for | holding | zero | Para 1.22 | The amount allocated was used withing | |||||
| reserves | the ear. |
|||||||||
| Details | offund materially | in | Para 1.24 | NIA | ||||||
| deficit | ||||||||||
| Explanation uncertainties |
ofany about |
the | Para 1.23 | This year has been a hard year for the club. After closing our doors in Iiarch |
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| charity continuing concern |
as a going | 2020 we had a lot ofuncertainties whether the club would ever reopen the |
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| doors again. The rent payments still had |
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| to be paid through the months that the |
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| club as in lockdown which meant that | ||||||||||
| we had to apply for further help through |
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| grants to ensure payments were made. |
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| There was an agreement with the |
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| landlord to pay arrears back over time | ||||||||||
| once the club reopened, but this was |
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| definitely nothing we could have ever |
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| predicted happening. The trustees have |
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| also discussed their concerns over |
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| rising fuel costs which will have a big | ||||||||||
| impact for the clubs Gas and Electricity | ||||||||||
| bills. | ||||||||||
| Additional | information | (optional) | ||||||||
| You ma | choose to | include | further statements | where relevant about | ||||||
| The principle source offunds for the | ||||||||||
| club are made through member |
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| The charity's principal sources offunds (including |
Para 1.47 | payments for gymnastics class fees. Members pay monthly for the classes |
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| an fundraisin |
that the attend. Before Covid hit we |
| had around 300members atthe club, | had around 300members atthe club, | ||||
|---|---|---|---|---|---|
| however due to issues regarding | safety | ||||
| ofthe spread ofthe virus our numbers | |||||
| drop sufficiently. The club are slowly |
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| building these numbers back up. |
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| Panache Gymnastics received a number |
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| ofGovernment Grants trough the |
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| Pandemic toassist with financial | |||||
| concerns through closing the club. This |
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| year the club was also awarded an |
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| f8000 grant to contribute towards |
two | ||||
| months ofrental payments during |
the | ||||
| lockdown. | |||||
| In a usual year we often put on | |||||
| fundraising events such as holding a |
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| inhouse competition, sponsored |
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| circuits, Raffles etc, however the | cub | ||||
| have been unable to hold any ofthese | |||||
| events due to the Pandemic. | |||||
| Investment policy and objectives including any |
Para 1.46 | ||||
| social investment policy |
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| adopted | |||||
| A description | ofthe | principal | Para1.46 | ||
| risks facing | the charity | ||||
| Other |
| Description | ofcharity's | The charity trustees shall manage | the | |
|---|---|---|---|---|
| trusts: | affairs ofthe CIO and may for that | |||
| purpose exercise all the powers ofthe | ||||
| CIO. | ||||
| Type ofgoverning document |
Constitution | |||
| trust deed, | ro al charter | |||
| How is the charity | Para 1.25 | CIO | ||
| constituted? | ||||
| (e.g unincorporated | ||||
| association, | CIO) | |||
| Trustee selection methods | Para 1.25 | Apart from the first charity trustees, | ||
| including details ofany |
every trustee must be appointed by a |
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| constitutional | provisions e.g. | resolution passed ata properly |
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| election to post or name of | convened meeting ofthe charity |
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| any person | or body entitled | trustees. In selecting individuals for |
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| to appoint one or more | appointment as charity trustees, |
the | ||
| trustees | charity trustees must have regard | to the | ||
| skills, knowledge and experience |
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| needed forthe effective administration | ||||
| ofthe CIO |
| Policies and procedures adopted for the induction |
Policies and procedures adopted for the induction |
Para 1.51 |
|---|---|---|
| and training oftrustees | ||
| The charity's structure and |
organisational any wider |
Para 1.51 |
| network with |
which the | |
| charity works | ||
| Relationship | with any related | P&f& 1.51 |
| parties | ||
| Other |
| Charity's | principal | address | Unit 2620 Bradford Road |
|---|---|---|---|
| Batley | |||
| West Yorkshire | |||
| WF17 SHF |
| mes | ofthe | charity tru | stees w | ho | manage | the charity | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Trustee | name | ONce | (lf | any) | Dates ear |
acted | ifnot | forwhole | Name to a |
ofperson (or body) entitled oint trustee lfan |
||
| 1 | Joanne | Flynn | ||||||||||
| 2 | Patricia | Turner | ||||||||||
| 3 | Ronald | Lawford | ||||||||||
| 4 | ||||||||||||
| 5 | ||||||||||||
| 6 | ||||||||||||
| 7 | ||||||||||||
| 8 | ||||||||||||
| 9 | ||||||||||||
| 10 | ||||||||||||
| 11 | ||||||||||||
| 12 | ||||||||||||
| 13 | ||||||||||||
| 14 | ||||||||||||
| 15 | ||||||||||||
| 16 | ||||||||||||
| 17 | ||||||||||||
| 18 | ||||||||||||
| 19 | ||||||||||||
| 20 |
| unds held as cust | odi |
|---|---|
| Description ofthe assets |
|
| held in this capacity |
|
| Name and objects ofthe | |
| charity on whose behalf | the |
| assets are held and how | this |
| falls within the custodian | |
| charity's objects | |
| Details ofarrangements | for |
| safe custody and | |
| segregation ofsuch assets |
|
| from the charity's own |
|
| assets |
| Page | ||
|---|---|---|
| Company Information |
||
| Strategic Report | ||
| Report ofthe Director | ||
| Income Statement | ||
| Balance Sheet | ||
| Statement ofChanges | in Equity | |
| Notes to the Financial | Statements | |
| Report ofthe Accountants | ||
| Trading and Profit and Loss Account |
| 2021 | 2020 | |||
|---|---|---|---|---|
| Notes | ||||
| TURNOVER | 54+75 | 98,903 | ||
| Cost ofsales | 5+13 | 4,569 | ||
| GROSS PROFIT | 48,862 | 94,334 | ||
| Administrative | expenses | 91/77 | 88,825 | |
| (42+15) | 5,509 | |||
| Other operating | income | 57,125 | 13 | |
| OPERATING | PROFIT | 14,610 | 5,522 | |
| Interest payable | and similar expenses | 244 | 4,645 | |
| PROFIT BEFORETAXATION | 14@66 | 877 | ||
| Tax on profit | 787 | |||
| PROFIT FOR | THE FINANCIAL YEAR | 14/66 | 90 |
| 2021 | 2020 | |||
|---|---|---|---|---|
| Notes | ||||
| FIXEDASSETS | ||||
| Tangible assets | 32,055 | 16,303 | ||
| CURRENT ASSETS | ||||
| Debtors Cash at bank |
3,788 26,637 |
1,532 4,026 |
||
| CREDITORS | 30,425 | 5,558 | ||
| Amounts falling due within one year |
23,146 | 14,803 | ||
| NET CURRENT ASSETS/(LIABILITIES) | 7/79 | (9,245) | ||
| TOTAL ASSETSLESSCURRENT | ||||
| LIABILITIES | 39@34 | 7,058 | ||
| CREDITORS | ||||
| Amounts falling due after more than one |
||||
| year 10 |
(17,910) | |||
| PROVISIONS FOR LIABILITIES | (3,098) | (3,098) | ||
| NET ASSETS | 18@26 | 3,960 | ||
| CAPITAL AND RESERVES | ||||
| Called up share capital Retained earnings |
100 18/26 |
100 3,860 |
||
| SHAREHOLDERS' FUNDS |
18/26 | 3,960 |
| Called up | |||||
|---|---|---|---|---|---|
| share | Retained | Total | |||
| capital | earnings | equity | |||
| Balance | at31March 2019 | 3,770 | 3,870 | ||
| Changes | in equity | ||||
| Total comprehensive | income | 90 | 90 | ||
| Balance | at30March 2020 | 100 | 3,860 | 3,960 | |
| Changes | in equity | ||||
| Total comprehensive | income | 14,366 | 14,366 | ||
| Balance | af30March | 2021 | 18,226 | 18,326 |
| 6. | TAXATION | ||
|---|---|---|---|
| Analysis ofthe tax charge | |||
| The tax charge on the profit for the year was as follows: | |||
| 2021 | 2020 | ||
| Deferred tax | |||
| 787 | |||
| Tax on profit | 787 | ||
| 7. | TANGIBLE FIXEDASSETS | ||
| Plant and | |||
| machinery | |||
| etc | |||
| COST | |||
| At 31March 2020 Additions |
26/67 | ||
| 21,479 | |||
| At 30March 2021 | 47,746 | ||
| DEPRECIATION | |||
| At 31March 2020 Charge for year |
9,964 5,727 |
||
| At 30March 2021 | 15,691 | ||
| NET BOOK VALUE | |||
| At 30March 2021 | 32,055 | ||
| At 30March 2020 | 16,303 | ||
| 8. | DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
| 2021 | 2020 | ||
| Other debtors | 3,788 | 1,532 | |
| 9. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
| 2021 | 2020 | ||
| Bank loans and overdrafts Taxation and social security Other creditors |
1,590 4,645 16,911 |
4,645 10,158 |
|
| 23,146 | 14,803 |
| 2021 | 2020 |
|---|---|
| 17,910 |
| 2021 | 2020 | |||
|---|---|---|---|---|
| Sales | 54/75 | 98,903 | ||
| Cost ofsales | ||||
| Purchases Gym instructors |
2+19 2,994 |
2,476 2,093 |
||
| S,513 | 4,569 | |||
| GROSS PROFIT | 48,862 | 94,334 | ||
| Other income | ||||
| Sundry receipts Corporation tax interest Government grants |
8,000 49,125 |
13 | ||
| 57,125 | 13 | |||
| 105,987 | 94,347 | |||
| Expenditure | ||||
| Rent Venue hire Rates and water Light and heat Directors' salaries Wages Travelling Motor expenses |
48,000 8,540 9/42 9+21 |
48,000 1,098 1i/71 4,126 8,632 8,632 67 270 |
||
| Printing and stationery |
139 | 78 | ||
| Repairs and renewals | 7,403 | 959 | ||
| Cleaning | 802 | 78 | ||
| Subscriptions | 62 | 676 | ||
| Tranung | 20 | |||
| Sundry expenses | 255 | ll | ||
| Accountancy Advertising Bank charges Bank loan interest |
1,717 79 90 244 |
1,465 107 358 |
||
| Flat rate VAT Depreciation -machinery Depreciation -computers |
5,618 109 |
4,645 2,877 |
||
| 91,621 | 93,470 | |||
| NET PROFIT | 14+66 | 877 |