2025-09-30-accounts - Weald Gymnastics Centre

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REPORT OF
TRUSTEES AND
FINANCIAL
STATEMENTS
Year Ended
September 2025
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DATE: July 2026 WEALD GYMNASTICS CENTRE CIO REGISTERED CHARITY NO: 1194372

REPORT OF TRUSTEES AND FINANCIAL STATEMENT

Year ended September 2025 Contents

1.0 Report of the Trustees
2.0 Statement of Financial Activities
3.0 Balance Sheet
4.0 Cash Flow Statement
5.0 Notes to the Financial Statements
6.0 Report of independent examiner

1.0 Report of Trustees

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30[th] September 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective I January 2019)

OBJECTIVES AND ACTIVITIES

The promotion of community participation in healthy recreation, for the benefit of the inhabitants of the surrounding area, in particular by the provision of facilities for the sport of gymnastics.

PUBLIC BENEFIT

At our trustee meetings, when planning and reviewing our aims and objectives, and when planning our future activities, we have complied with the duty in Section 4 of the Charities Act 2011 to have due regard to guidance published by the Charity Commission, including public benefit guidance.

ACHIEVEMENT AND PERFORMANCE

Charitable activities

In the provision of gymnastics for Tonbridge and surrounds, the Centre has delivered a range of activities for many different parts of the community, all ages of participant and all levels of ability in gymnastics.

This year has involved continued consolidation and diversification of our gymnastics activities within the Centre. Investment in the Centre facilities has continued alongside further development of the team of coaches and building our reputation in the local area. After a change of Landlord contributing to a hiatus in investment, we intend to invest surplus funds this year into increasing the standard and diversity of equipment and continuing to improve the building.

Gymnastics For All

The recreational programme continues to grow, with approximately 400 gymnasts currently attending classes. Demand remains high, with a waiting list of approximately 150 gymnasts. The Centre continues to explore options to increase capacity and so enable more gymnasts to benefit from training.

Holiday clubs remain highly successful and well attended. Gymnasts continue to work through a tailored “Star Award” programme, with assessments taking place three times each year. Progress is regularly monitored to ensure gymnasts continue to develop appropriately and make the most of the different gymnastics classes available at the Centre.

Squad Gymnastics

The squad section currently supports approximately 50–53 gymnasts across four-piece and twin-piece disciplines. Gymnasts compete in approximately four competitions each year, including Grades and Twin Piece competitions, gaining good results. The club currently has one gymnast attending the South East squad and eight gymnasts attending Kent squads

Preschool Gymnastics

During the year the Centre expanded its pre-school provision by introducing Friday morning sessions, in addition to the existing Tuesday and Wednesday programmes. Three classes now run on each day: Parent and Child, Semi-Structured and Independent classes, all of which remain very popular.

The club is now beginning to see some of its earliest gymnasts, who joined at two or three years of age, progressing into the General Gymnastics for All (GFA) programme and development squads.

Within the Semi-Structured classes, children are offered four challenges across different apparatus. Successful completion is recognised through stickers which contribute towards individual sticker charts, providing a record of achievement throughout the term.

Independent classes continue to work towards the Centre’s themed badge and certificate scheme, culminating in achievement of the first Star Award, providing a clear pathway into the wider Centre award structure.

Adult Gymnastics

Adult gymnastics sessions continue to run weekly on Wednesday evenings and attract a wide range of participants. Average attendance is approximately 20 gymnasts per week, drawn from a much larger pool of adults who attend occasionally. Competition participation has grown this year, with several participants entering British Championships.

Further Activities

The Centre’s facilities are hired out to enable gymnasts from other clubs to train at the Centre, and a local school has hired the club for GCSE preparations.

Students with special needs take specially facilitated classes appropriate to their abilities, and a session for home-educated children is also now available.

Coaching staff and volunteers

The Centre has over 25 level 0 to level 5 coaches who are all self-employed, and a number of volunteers who help with coaching, administration, special events and the day-to-day operation of the building. In the coming year we will explore how to benefit from the changes to coach education being offered by British Gymnastics and other providers.

Internal and external factors

The trustees recognise that fees and membership can be prohibitive to those on low incomes. Although fees have had to increase this year to take account of inflationary pressures and required increases in coach remuneration (especially our younger, newer coaches), the Trustees have sought to keep subscriptions at levels that will not pose a significant obstacle to participation. In case of need, there is a bursary scheme available.

FINANCIAL REVIEW

Financial position

At the Balance Sheet date the Centre had unrestricted cash reserves of £408,545 (2024: £366,566)[1] .

The £41,989 surplus achieved in the reporting year ended 30[th] September 2025, is enabling the Centre to plan for further building fabric improvements and equipment purchases to increase the experience for all of the Members training in or using the Gym.

The Centre has held reserves to meet the requirements of the reserves policy. This is undergoing review, and following that, additional reserves held will be spent on the projects described in the Future Plans section in the coming years.

Reserves Policy

We have a policy to hold reserves in the order of the equivalent of six months' running costs and to take into account uncertainties inherent in running the Centre from a rented building for which we have a full repairing lease. The Centre's running costs in this year were in the order of £372,000, with around £168,000 of that being coaching costs, £133,000 on building costs and the balance on general running costs. This year, there was very limited expenditure on the building itself. The reserves we are currently holding therefore currently exceed the level in our policy, and will be used in the coming year to make several major improvements to the facilities, improving the car park, temperature control in the building, preventing the water ingress that risks damaging the gymnastics equipment, and exploring options for new gym equipment and installing a designated area in the gym to allow for separate activities and parental access while classes are running. We expect these activities to use in excess of £100,000 of the capital funds we have available, and will monitor the impact this has on our reserves carefully within year.

1 Note: fixed asset additions had not previously been reported in the 2024 numbers. As they have been included in the 2025 numbers, to enable accurate restatement of the brought forward numbers, they are now included in the 2024 numbers as well.

FUTURE PLANS

The Centre is a non-profit organisation needing to raise sufficient income to meet its outgoings and continually improve the facilities it offers to members. The Centre is also acutely aware of the continuing cost of living situation.

The priority for the Centre itself in the coming year is to continue to increase its usability as a facility, seven days a week. This will mean both carrying out the improvements to the building and gymnastics equipment and also considering how the classes can be structured, coaches trained and hired, and systems/communications improved to encourage broader participation from the community.

To support this will require continued growth and diversification of income through 2025 to 2026. We intend to maximise the use of recreational classes and preschool sessions, and explore with members what further provision would be popular. Fees and all costs will be kept under review during the year, with provision continuing to be made to increase inclusion of those less able to contribute.

Private hire by local schools will continue to be offered where this can be fitted in around early recreational classes. Private parties and other hires at weekends will also continue be offered, to maximise the use of the facilities.

It is planned that the Centre will also continue to offer gymnastic activities to children with special needs and to adults of all abilities.

Coach education will continue to be a priority, both as a service to the young people of Tonbridge, who can gain qualifications which they can use in their future lives, and also to increase the capacity of classes, especially on the recreational side. The focus will be to increase the availability of level one and level two coaches, which allows for a higher level of gymnastic coaching for both recreational and competitive gymnasts. We will explore the new coaching pathway being offered by British Gymnastics to make the most of its increased flexibility in coach training.

In addition to class income, grants will continue to be sought, recognising the range of benefits that the Centre provides to the local community. It is also hoped that during this year that we can further increase the engagement of parents and other volunteers to the club, especially in the area of fundraising and merchandising. The club competition will be run and other social fundraising activities will be investigated throughout the year.

Realistic budgets have been set for the year taking account of meaningful remuneration increases to help protect our loyal and much-valued coaches and other support personnel as far as we can.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing Document

The Weald Gymnastics Centre is a Charitable Incorporated Organisation. It is governed under its Constitution filed with the Charity commission on the 7th May 2021.

Recruitment and appointment of new trustees

The management of the Club is the responsibility of the Trustees who are elected and coopted under the terms of the CIO’s Constitution. Trustees are elected based on their knowledge, experience and skills in areas which are beneficial for the Club. The Club is not subject to a maximum of trustees, but the minimum number of trustees required is three. The numbers of trustees required for a Quorum is two.

Policies

The Club works in accordance with its governing body's (British Gymnastics) policies and codes of conduct. Many policies have been updated this year in accordance with British Gymnastics’ revisions. The Centre now has two fully trained volunteer welfare officers to manage any issues that arise. All coaches are required to complete the mandatory British Gymnastics training to be able to coach at the Centre.

Risk management

The trustees have a duty to identify and review the risks to which the Club is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number CEO 25505

Registered Charity number 1194372 Registered Office:- 6a Sovereign Way, Tonbridge Kent TN9 1RS

TRUSTEES

Robert Bradburne Sally Parkes Ben Dart Mike Burt Jacky Leman

Approved by order of the board of trustees on 28[th] July 2026 and signed on its behalf by:

J Leman – Trustee

Accounts

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. They are currently undergoing independent examination by a chartered accountant and the report will be appended once complete. With this in mind, the financial statements were approved by the Board of Trustees and authorised for issue on 28[th] July 2026 and were signed on its behalf by:

Jacky Leman Robert Bradburne Trustee Trustee

2.0 Statement of Financial Activities

2.0 Statement of Financial Activities	2.0 Statement of Financial Activities	2.0 Statement of Financial Activities	2.0 Statement of Financial Activities	2.0 Statement of Financial Activities
Weald Gymnastcs Centre - registered charity number 1194372

STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING AN INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 30 September 2025


		Unrestricted	Restricted	Total	Total
		Funds	Funds	2025	2024


INCOME		£	£	£	£
Donatons and Fundraising	3	1	-	1	1
Income from charitable actvites
Recreatonal Fees	4	228,687	-	228,687	215,424
Merchandise sales	5	3,725	-	3,725	5,355
Squad fees and competton income	6	143,141	-	143,141	147,144
other actvity	7	38,152	-	38,152	38,773

Investment income		0	-	0	1,306

TOTAL INCOME		413,706	-	413,706	408,003

EXPENDITURE ON
Charitable actvites
Coaching and Squad fees	8	167,933	-	167,933	159,340
Other stafng costs	8	31,324	-	31,324	30,881
Building operatng costs	8	132,969	-	132,969	137,988
Administraton costs	8	5,535	-	5,535	11,263
Equipment costs	8	0	-	0	-
Other expenditure	8	10,939	-	10,939	10,458
Depreciaton	9	23,016	-	23,016	19,868

TOTAL EXPENDITURE		371,717	-	371,717	369,797

NET INCOME BEFORE TRANSFERS		41,989	-	41,989	38,206

TRANSFERS		-	-	-	-

NET MOVEMENT IN FUNDS		41,989	-	41,989	38,206

RECONCILIATION OF FUNDS
TOTAL FUNDS BROUGHT FORWARD 1 October 2024		366,556	-	366,556	328,350

TOTAL FUNDS CARRIED FORWARD AT 30 September 2025		408,545	-	408,545	366,556

3.0 Balance Sheet Brltish SaFe Gymnaslics Ettective Child Friendly GYMMARK ACCREDITED KÈNT GYMNAsrits ASSOCIATION BriEish Gumnaslicc

Weald Gymnastcs Centre - registered charity number 1194372	Weald Gymnastcs Centre - registered charity number 1194372	Weald Gymnastcs Centre - registered charity number 1194372	Weald Gymnastcs Centre - registered charity number 1194372

Balance Sheet
30th September 2025

		2025	2024

		£	£
Fixed Assets	9	51,602	69,036


Current Assets
Stock		-	-
Debtors	10	41,854	41,168
Cash at bank and in hand		351,913	321,831
		445,369	432,034


Current liabilites
Creditors	11	36,782	38,819

Total Assets less current liabilites		408,588	393,215

Liabilites greater than one year	12
Bounce back loan	1	43	26,658

Net Assets		408,545	366,557

The Funds of the Charity

Unrestricted Funds		408,545	366,557
Restricted Funds		-	-
Total Charity Funds		408,545	366,557

The charitable company is enttled to exempton from audit under Secton 477 of the Companies Act 2006
for the year ended 30 September 2025.

The trustees acknowledge their responsibilites for
(a) ensuring that the charitable company keeps accountng records that comply with Sectons 386 and 387
of the Companies Act 2006 and
(b) preparing fnancial statements which give a true and fair view of the state of afairs of the charitable
company as at the end of each fnancial year, and of its surplus or defcit for each fnancial year in
accordance with the requirements of the Sectons 394 and 395 of the Companies Act 2006 relatng to
fnancial statements, so far as applicable to the charitable company.

These fnancial statements have been prepared in accordance with the provisions applicable to
charitable companies subject to the small companies regime.

The fnancial statements were approved by the board of Trustees and authorised for issue, and were signe
on its behalf by:


Robert Bradburne
Date 11/07/2026

4.0 Cash Flow Statement

	Weald Gymnastcs Centre - registered charity number 1194372	Weald Gymnastcs Centre - registered charity number 1194372

	Cash fow statement for the year ending 30 September 2025


Cash fows from operatng actvites
	Net income for the reportng period	41,989
	Increase in Debtors	(686)
	Increase in creditors	(1,988)
	Depreciaton charges	23,016
Net cash provided by/(used) in operatng actvites		62,330

Cash fows from Investng actvites
	Purchase of Fixed assets	(5,582)

Cash fows from fnancing actvites
	Loan repayments	(26,617)


Change in cash and cash equivalents in reportng period		30,131

Opening cash and cash equivalents 1 October 2024		321,503

Closing cash and cash equivalents 30 September 2025		351,634

5.0 Notes to the financial statements

Weald Gymnastics Centre - registered charity number 1194372 Notes to the Financial Statements for the Year ended 30th September 2025

CHARITY STATUS

The charity is limited by guarantee, incorporated in England and Wales, and consequently does not have any share capital. Each of the Trustees is liable to contribute an amount not exceeding £1 towards the asset of the charity in the event of liquidation.

The address of its registered office is: Weald Gymnastics Centre, 6a Sovereign Way, Tonbridge, TN9 1RS

2. ACCOUNTING POLICIES

The financial statements of the charity which is a public benefit entity under FRS102, have been prepared in accordance with the the Charities SORP (FRS102) ' Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Basis of preparation

Weald Gymnastics Centre meets the definition of a public benefit entity under FRS102. Assets and liabilities are recognised at historical cost or transactional value unless otherwise stated in the relevant accounting policy notes.

Going concern

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern nor any significant areas of uncertainty that affects the carrying value of assets held by the charity.

Judgements and key sources of estimation uncertainty In the application of the charity's accounting policies, the trustees (who are also Directors) are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and and underlying assumptions are reviewed on an ongoing basis.

Income and Endowments

All income is recognised once the charity has entitlement to that income, it is probable that the income will be received and the amount of the income receivable can be reliably measured.

Donations and legacies Donations can be recognised when the charity has received the income. In the event that a donation is subject to conditions that require a level of performance by the charity before the charity is entitled to the funds, the income is deferred and not recognised until either of the above conditions are fully met, or the fulfilment of those conditions is wholly within control of the charity and it is probable that these conditions will be fulfilled within the reporting period.

Weald Gymnastics Centre - registered charity number 1194372 Notes to the Financial Statements for the Year ended 30th September 2025

2. ACCOUNTING POLICIES (CONTINUED)

Cash and cash equivalents

Cash and cash equivalents comprise cash at hand and any short term investments or cash instruments that are readily available to convert to cash and are subject to an insignificant risk in a change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of day to day operations. Accounts payable are classified as current liabilities at the end of a reporting period if the charity does not have an unconditional right to defer settlement for at least twelve months. If the charity does have the right to defer payment for more than twelve months, the creditor is classified as a non-current liability.

Borrowings

Interest bearing borrowings are initially recorded at fair value, net of transaction costs. Then are subsequently carried forward at amortised cost. The interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities if due with twelve months of the reporting date, unless due for settlement beyond twelve months of the reporting date at which point they are classified as non-current liabilities.

Weald Gymnastcs Centre - registered charity number 1194372	Weald Gymnastcs Centre - registered charity number 1194372	Weald Gymnastcs Centre - registered charity number 1194372	Weald Gymnastcs Centre - registered charity number 1194372
Notes to the Financial Statements for the Year ended 30th September 2025

		Total	Total
		2025	2024
3. Donatons and Fundraising		£	£

	Gifs & Donatons	1	1
	GIFT AID Donatons	-	-
	Government Grants	-	-
		1	1

		Total	Total
		2025	2024
4. Recreatonal Fees		£	£

	Recreatonal Fee Income	188,090	186,307
	Pre-school	16,625	12,264
	Pre-school independent	14,986	10,708
	Adult Gymnastcs	8,987	6,145
		228,687	215,424

		Total	Total
		2025	2024
5. Merchandise		£	£

	Sales of Merchandise	3,415	5,008
	Hiring out of Leotards & kit	150	265
	Badges & Certfcates income (sold)	160	83
		3,725	5,355

		Total	Total
		2025	2024
6. Squad fees and competton income			£

	Squad Fee Income	99,950	96,870
	F&V Squad income	26,980	35,190
	Competton Fee Income	7,465	7,184
	Events & own competton income	8,746	7,901
		143,141	147,144

		Total	Total
		2025	2024
7. Other income			£

	Holiday Club Fees	28,382	32,440
	Coach course fees	595	340
	Partes	1,985	2,490
	Hire out of Facility	4,570	3,055
	Other income	2,620	448
	Bursaries	-	-
		38,152	38,773

Weald Gymnastcs Centre - registered charity number 1194372	Weald Gymnastcs Centre - registered charity number 1194372	Weald Gymnastcs Centre - registered charity number 1194372	Weald Gymnastcs Centre - registered charity number 1194372	Weald Gymnastcs Centre - registered charity number 1194372	Weald Gymnastcs Centre - registered charity number 1194372
Notes to the Financial Statements for the Year ended 30th September 2025

			Total	Total
			2025	2024
8. Resources expended			£	£
Charitable actvites

	Coaching and Squad fees		167,933.39	159,340
	Other stafng costs		31,324.39	30,881
	Building operatng costs		132,968.80	137,988
	Administraton costs		5,535.47	11,263
	Equipment costs		0.00	-
	Other costs		10,938.64	10,458
	Depreciaton		23,016.34	19,868
			371,717	369,797
			-

9. Tangible Fixed Assets			Buildings	Gymnastcs	Totals
				Equipment
		Cost
		At 1st October 2024	84,430	64,296	148,726
		Additons	-	5,582	5,582

		At 30th September 2025	84,430	69,878	154,308

		Depreciaton
		At 1st October 2024	33,772	45,919	79,691
		Charge for the year	16,886	6,130	23,016

		At 30th September 2025	50,658	52,049	102,707

		Net Book value
		At 30th September 2025	33,772	17,829	51,602

		At 1st October 2024	50,658	18,377	69,035

			Total	Total
			2025	2024
10. Debtors: amounts falling due within one year			£	£

	Trade Debtors		1,855	1,168
	Rent deposit held by landlord		40,000	40,000
			41,855	41,168
			-
			Total	Total
			2025	2024
			£	£
11. Creditors: amounts falling due within one year

	Trade creditors		27,971	30,819
	Income received in advance		810	0
	Deferred income		8,000	8,000
			36,781	38,819
			-
			Total	Total
			2025	2024
12. Creditors: amounts falling due afer one year			£	£

	Bounce back loan		43	26,658

			43	26,658

Weald Gymnastcs Centre - registered charity number 1194372	Weald Gymnastcs Centre - registered charity number 1194372	Weald Gymnastcs Centre - registered charity number 1194372	Weald Gymnastcs Centre - registered charity number 1194372	Weald Gymnastcs Centre - registered charity number 1194372
Notes to the Financial Statements for the Year ended 30th September 2025


13. Movement in Funds		At 1st October 2024	Net change	At 30th September 2025
			in Funds
	Unrestricted Funds
	General fund	366,556	41,989	408,545

	Restricted Fund	-	-	-


	Total Funds	366,556	41,989	408,545

6.0 Report of the Independent Examiner

Unfortunately, the person who was doing the independent review of our accounts has been unable to send us the results as after doing the review, they found out that their employer would not allow it within days of the date on which we are required to submit the Annual Report. They explained:

“ I am a Registered Auditor/Responsible Individual with ICAEW, but I have now had

confirmation from my ethics function that my current employment means I'm unable to accept personal independent examiner appointments while employed here — this is a restriction on undertaking public practice work outside of my firm, not a reflection on the charity or its accounts”.

We have already been in contact with an alternative independent examiner and will update this Annual Report with their report as soon as possible once we have confirmed that they are available and allowed to undertake this work.

We apologise for the delay in this important process due to unforeseen circumstances.

Jacky Leman

Trustee

Weald Gymnastics Centre