| SORP reference | |||||
|---|---|---|---|---|---|
| Summary ofthe purposes the charity as set out in its governing document |
of | The promotion ofcommunity participation in healthy recreation for the benefit ofthe inhabitants ofNest |
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| Yorkshire in particular by the provision offacilities for mnastics. |
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| Summary ofthe main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17and 1.19 |
Panache Gymnastics are a community gymnastics club that bring people together and build strong relationships in and across the Kirklees community by offering gymnastics classes suitable to all ages and abilities. The club runs a 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 toschools, 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 to a 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 had regard to the guidance issued by the Charity Commission on public benefit |
numerous meetings throughout the year to discuss the ongoings ofthe club and to communicate further developments. Our initial meeting discussed the guidance issued by the charity |
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| Commission on public benefit so I can |
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| confirm all trustees have good knowled eofthis. |
| Policy on | social investment | social investment | social investment | |
|---|---|---|---|---|
| including | program | related | ||
| investment | ||||
| Contribution | made | by | ||
| volunteers | Para 1.38 | |||
| Other |
| SORP reference | |||
|---|---|---|---|
| Panache Gymnastics are a reputable club who thrive on delivering high |
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| Summary ofthe main achievements ofthe charity, identifying the difference the charity's work has made to the circumstances ofits beneficiaries and any wider benefits to society as a whole. |
Para 1.20 | quality gymnastics classes for children ofall ages and abilities in the Kirklees region. We have built our membership number to over 300children within the area and plan to continue to increase these numbers. The club offers different disciplines ofgymnastics, including general gymnastics, competitive pathways, development groups, tumbling and floor and vault groups. This isjust the start as our aim is to |
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| continue adding sessions to suit all |
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| 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 |
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| school holidays —we eventually would |
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| like to introduce the possibilities of |
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| using childcare vouchers to further help eo le within our communi |
| You ma choose to include fu |
rther state |
|---|---|
| Achievements against |
|
| objectives set | Para 1.41 |
| Performance offundraising |
|
| activities against objectives | |
| set | Para 1.41 |
| investment performance |
|
| against objectives | Para 1.41 |
| Other |
| Financial Review |
Financial Review |
Financial Review |
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|---|---|---|---|---|---|---|
| Review ofthe charity's | Para 1.21 | The club has had agood year financially | ||||
| financial position at ofthe period |
the | end | and recovered well from the previous effects ofthe pandemic. |
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| Statement explaining |
the | Para 1.22 | As a club we have made the decision to | |||
| policy for holding reserves stating why they are held |
use the funds received during the year to reduce the risk ofcosts |
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| overwhelming the club. after the year we |
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| have endured with the Covidi 9 |
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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 ofreserves |
held | Para 1.22 | Nil | |||
| Reasons for holding | zero | Para 1.22 | The amount allocated was used withing | |||
| reserves | the ear. |
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| Details offund materially | in | Para 1.24 | NlA | |||
| deficit | ||||||
| Explanation | ofany | Para 1.23 | The club is currently in a good position |
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| uncertainties | about the | |||||
| charity continuing as a going |
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| concern | ||||||
| Additional information |
(optional) | |||||
| You ma choose to include |
further statements | where relevant about |
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| 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. Ilembers pay monthly for the classes |
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| any fundraising) | that they attend. Before Covid hit we | |||||
| had around 300members at the club, | ||||||
| however due to issues regarding safety ofthe spread ofthe virus our numbers |
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| drop sufficiently. The club are slowly |
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| building these numbers back up. |
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| 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. | ||||||
| N/A | ||||||
| Investment | policy and | |||||
| objectives including any social investment policy |
Para 1.46 | |||||
| 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 |
Para 1.25 | Constitution | ||
| How is the charity | Para 1.25 | CIO | ||
| constituted? | ||||
| Trustee selection methods including details ofany constitutional provisions e.g. election to post or name of |
Para 1.25 | Apart from the first charity trustees, every trustee must be appointed by a resolution passed at a properly 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 for the effective administration | ||||
| ofthe CIO | ||||
| Additional information |
(optional) | |||
| You ma choose to include further statements |
where relevant about: |
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| Policies and procedures | ||||
| adopted for the induction | Para 1.51 | |||
| and training oftrustees |
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| The charity's organisational structure and any wider |
Para 1.51 | |||
| network with which the |
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| charity works | ||||
| Relationship with any related |
Para 1.51 | |||
| parties | ||||
| Other |
| Charit | name | name | Panache G mnastics | ||
|---|---|---|---|---|---|
| Other name | the charit | uses | |||
| Registered | charity | number | 1188106 | ||
| Charity's | principal | address | Unit 2 620 Bradford Road | ||
| Batley | |||||
| West Yorkshire | |||||
| VVF1?8HF |
| ~ | ~ | . | s | ~ | ~ | ~ | ~ | ~ | ' | ~ | ~ | ~ | ~ | ~ | ||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ~ | . | ~ | ~ | ~ |
| 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 |
| 2022 | ||||
|---|---|---|---|---|
| Notes | ||||
| TURNOVER | 113,055 | 97,359 | ||
| Cost ofsales | 48,980 | 23,714 | ||
| GROSS PROFIT | 64,075 | 73,645 | ||
| Administrative | expenses | 50,83"/ | 90„361 | |
| 13,238 | (16,716) | |||
| Other operating | income | 15,176 | ||
| OPERATING | PROFIT/(LOSS) | 13,238 | (1,540) | |
| Interest payable | and similar expenses | 253 | ||
| PROFIT/(LOSS) BEFORETAXATION | 12,985 | |||
| Tax on profit/(loss) | ||||
| PROFIT/(LOSS) FOR THK FINANCIAL | ||||
| YEAR | 12,985 |
| Notes | ||||
|---|---|---|---|---|
| FIXEDASSETS | ||||
| Yangible assets | 40,649 | |||
| CIJRRENT ASSETS | ||||
| Debtors Cash at bank |
13,412 | 2,109 9,736 |
||
| CREDITORS | 13,412 | 11,845 | ||
| Amounts falling due within one year |
11,695 | 17„395 | ||
| NET CURRENT ASSETSl(LIABILITIES) | 1717 | |||
| TOTAL ASSETSLESSCURRENT | ||||
| LIABILITIES | 42,366 | 33,281 | ||
| CREDITORS | ||||
| Amounts falling due after more than one |
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| year | (9,750) | |||
| PROVISIONS FORLIABILITIES | (3,098) | |||
| NET ASSETS | 29,518 | |||
| CAPITAL AND RESERVES | ||||
| Called up share capital Retained earnings |
100 29,418 |
100 16,433 |
||
| S~HOLDERS' FUNDS | 29,518 | 16,533 |
| Called up | |||||
|---|---|---|---|---|---|
| share | Retained | Total | |||
| capital | earnings | equity | |||
| Balance | at31March | 2021 | 100 | 18,226 | 18,326 |
| Changes | in equity | ||||
| Total comprehensive | income | (1,793) | (1,793) | ||
| Balance | at 30March | 2022 | 100 | 16,433 | 16,533 |
| Changes | in equity | ||||
| Total comprehensive | income | 12,985 | 12,985 | ||
| Balance | at 30March | 2Q23 | 100 | 29,418 | 29,518 |
| Plant and | |||
|---|---|---|---|
| machinery | |||
| etc | |||
| COST | |||
| At 31March 2022 Additions |
61„505 9,153 |
||
| At 30March 2023 | 70,658 | ||
| DEPRECIATION | |||
| At 31March 2022 Charge for year |
22,674 7,335 |
||
| At 30March 2023 | 30,009 | ||
| NET BOOK VALUE | |||
| At 30March 2023 | 40,649 | ||
| At 30March 2022 | 38,831 | ||
| 7. | DEBTORS:AMOUNTS FALLING DUK WITHIN ONK YEAR | ||
| 2023 | 2022 | ||
| Other debtors | 2,109 | ||
| 8. | CREDITORS: AMOUNTS FALLING DUK %ITHIN ONK YEAR | ||
| 2023 | 2022 | ||
| Bank loans and overdrafts Other creditors |
3,900 7,795 |
3,900 13,495 |
|
| 11,695 | |||
| 9. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONK | ||
| YEAR | |||
| 2023 | 2022 | ||
| Bank loans | 9,750 | 13,650 |
| 2023 | ||||
|---|---|---|---|---|
| Sales | 113,055 | |||
| Cost ofsales | ||||
| Purchases Gym instructors |
12,812 36,168 |
11,423 12,291 |
||
| 4S,980 | 23,714 | |||
| GROSS PROFIT | 64,075 | 73,645 | ||
| Other income | ||||
| Government grants |
15,176 | |||
| 64,075 | 88,821 | |||
| Expenditure | ||||
| Rent Rates and water Light and heat Directors' salaries Wages Travelling Printing and stationery Repairs and renewals Cleaning Subscriptions SofIware maintenance |
24,405 8,795 2,S86 147 3,079 242 131 240 |
45,581 6,383 3,516 9,500 9,500 87 132 3,492 1,060 215 |
||
| Training | 4/3 | 440 | ||
| Sundry expenses Staffentertaining |
177 | 15 202 |
||
| Insurance | 618 | 390 | ||
| Accountancy Payroll |
1,920 210 |
2,129 444 |
||
| Donations | 100 | |||
| Advertising | 83 | 72 | ||
| Bank charges | 96 | 120 | ||
| Bank loan interest | 253 | 253 | ||
| Depreciation - machinery Depreciation - fix.k fittings |
6,947 214 |
6,557 252 |
||
| Depreciation -computers |
174 | 174 | ||
| 51,090 | 90,614 | |||
| NET PROFIT/(LOSS) | 12,985 | (1,793) |