##
##
##
##
##
|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|
|governing||document||||the benefit ofthe inhabitants
ofWest
Yorkshire
in particular
by the provision|
|||||||offacilities for
mnastics.|
|Summary
activities||ofthe main
in relation tothose|||Para 1.17and
1.19|Panache Gymnastics
are a community
gymnastics
club that bring people|
|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|
|services|identified
in|||the||to all ages and abilities. The club runs a|
|accounts.||||||fantastic pathway
which allows all|
|||||||gymnasts
to achieve their full potential|
|||||||in the sport. The club has opened its|
|||||||doors to schools, nurseries
and families|
|||||||in the local community
and surrounding|
|||||||areas to allow the opportunity
for|
|||||||everyone toaccess our reputable|
|||||||programmes.
Panache Gymnastics
has|
|||||||continued to develop its classes to|
|||||||reach out toa bigger variety ofpeople|
|||||||by introducing
further classes to meet|
|||||||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|
|had regard|||tothe guidance|||to discuss the ongoings ofthe club and|
|issued by||the Charity||||to communicate
further developments.|
|Commission|||on public|||Our initial meeting discussed the|
|benefit||||||guidance issued by the charity|
|||||||Commission
on public benefit so I can|
|||||||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|
|||||||club who thrive on delivering
high|
|||||||quality gymnastics
classes for children|
|Summary
of
achievements|||the main
ofthe charity,||Para 1.20|ofall ages and abilities
in the Kirklees
region. We have built our membership|
|identifying||the difference the||||number to over 300children
within the|
|charity's|work has made to|||||area and plan to continue to increase|
|the circumstances||||of its||these numbers.
The club offers different|
|beneficiaries|||and|any wider||disciplines ofgymnastics,
including|
|benefits to||society as a||||general gymnastics,
competitive|
|whole.||||||pathways,
development
groups,|
|||||||tumbling
and floor and vault groups.|
|||||||This isjust the start as our aim isto|
|||||||continue adding sessions to suit all|
|||||||children
and eventually
introduce
adult|
|||||||gymnastics
and fitness classes too.|
|||||||The club also runs holiday camps to|
|||||||help parents with childcare over the|
|||||||school holidays —we eventually
would|
|||||||like to introduce the possibilities of|
|||||||using childcare vouchers to further
help|
|||||||people within our community.|
|||||||Further achievement
this year include|
|||||||introducing
zoom classes through
the|
|||||||lockdowns to help children
keep active|
|||||||and healthy. We made sure they|
|||||||included
lots offun activities as well as|
|||||||time at the end ofeach session to chat|
|||||||to the group and give children the|
|||||||opportunity
to discuss how they were|
|||||||feeling, managing
and coping with the|
|||||||pandemic. Alongside the gymnastics|
|||||||zoom classes we also set online|
|||||||challenges,
fitness activities, creative|
|||||||activities like colouring sheets and|
|||||||design a new leotard and opportunities|
|||||||to experience
speciflied coaching from|
|||||||rofessionals
outside ofour club.|
##
##
|Financ|ial
Review|ial
Review|ial
Review|ial
Review|ial
Review|ial
Review|||||
|---|---|---|---|---|---|---|---|---|---|---|
|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|
|||||||||||doors for a period of6months over the|
|||||||||||year. This loss had a big impact on the|
|||||||||||financial side ofthe club. Thankfully
the|
|||||||||||club received a number ofGovernment|
|||||||||||grants which helped to sustain the|
|||||||||||runnings
ofthe club. Excess funds were|
|||||||||||used towards much needed|
|||||||||||maintenance
work to allow the safe|
|||||||||||reopening
ofthe club. The club also|
|||||||||||succeeded
in obtaining a grant from|
|||||||||||Sport England which was granted to|
|||||||||||help with outstanding
rental payments|
|||||||||||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|
|||||||||||have endured
with the Covid19|
|||||||||||restrictions
and lockdowns the trustees|
|||||||||||feel that this was the best policy to|
|||||||||||avoid the club running
into financial|
|||||||||||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|
|charity continuing
concern|||||as a going|||||2020 we had a lot ofuncertainties
whether the club would ever reopen the|
|||||||||||doors again. The rent payments
still had|
|||||||||||to be paid through
the months that the|
|||||||||||club as in lockdown which meant that|
|||||||||||we had to apply for further
help through|
|||||||||||grants to ensure payments
were made.|
|||||||||||There was an agreement
with the|
|||||||||||landlord to pay arrears back over time|
|||||||||||once the club reopened,
but this was|
|||||||||||definitely
nothing
we could have ever|
|||||||||||predicted
happening.
The trustees
have|
|||||||||||also discussed
their concerns over|
|||||||||||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|
|The charity's
principal
sources offunds (including|||||||||Para 1.47|payments
for gymnastics
class fees.
Members
pay monthly
for the classes|
|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||
|||||building these numbers
back up.||
|||||Panache Gymnastics
received a number||
|||||ofGovernment
Grants trough the||
|||||Pandemic toassist with financial||
|||||concerns through
closing the club. This||
|||||year the club was also awarded
an||
|||||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||
|||||inhouse competition,
sponsored||
|||||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||||||
|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||
|constitutional|provisions e.g.||resolution
passed ata properly||
|election to post or name of|||convened
meeting ofthe charity||
|any person|or body entitled||trustees.
In selecting
individuals
for||
|to appoint one or more|||appointment
as charity trustees,|the|
|trustees|||charity trustees must have regard|to the|
||||skills, knowledge
and experience||
||||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|
##
##