Widnes Gymnastics Academy Limited
Report of the Trustees for the Year Ended 28 February 2023
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 April 2021. 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 1 January 2019).
OBJECTIVES AND ACTIVITIES Objectives and aims
The promotion of community participation in healthy recreation for the benefit of the inhabitants of Widnes and the surrounding area, by the provision of facilities and coaching for gymnastics.
Significant activities
We attract gymnasts from Widnes, as well as various areas of Warrington, and aim to provide high quality facilities and gymnastics coaching for all members.
The Club was awarded charity status in 2022.
The Club received Coronavirus Grants during the year from the local council.
Public benefit
The Charity is open to all children and young people regardless of ethnicity, sexual orientation or ability. We offer classes from pre-school to young adults. The catchment area within which we work is in the top 10% deprivation nationally. The charity continues to offer gymnasts of all ages a safe and secure place to practice and enjoy gymnastics, providing the opportunity to participate in healthy and structured activities.
Volunteers
We continues to rely on a number of volunteers to coach gymnastics, carry out the welfare facilities and encourage the older members to get involved with the younger classes, creating a family, nurturing environment. In a recent parents questionnaire this was one of the positive aspects of the club that was highlighted. All volunteers are DBS checked. We are very grateful to parents and friends who give up their time for the benefit of our club and its members.
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Widnes Gymnastics Academy Limited
Report of the Trustees for the Year Ended 28 February 2023
ACHIEVEMENT AND PERFORMANCE
Charitable activities
Our gymnastics programme has been very popular, with over 350 gymnasts benefitting from regular attendance at the daily training sessions. We have been able to enter teams at various age groups into competitions around the country, with fantastic results.
Fundraising activities
We have used a number of opportunities to generate funds. Sales of clothing have been the most successful, as well as raffles, cake sales, and our Christmas party.
Parents and members successfully raised funds in the year through a variety of sponsored events and activities.
FINANCIAL REVIEW
Principal funding sources
The main source of income is from attendance fees and the hosting of events. Overall income rose from £106,186 to £149,513.
Total expenditure was £152,403 (2022 £106,872), leaving a loss of £1,175 (2022 £686).
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
Recruitment and appointment of new trustees
Trustees are selected for the contribution that they can make to the various activities of the Club. This includes instructing and coaching, welfare of children and professional skills.
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Widnes Gymnastics Academy Limited
Report of the Trustees for the Year Ended 28 February 2023
STRUCTURE, GOVERNANCE AND MANAGEMENT
Organisational structure
The club is predominantly run by the Head Coach, Victoria Wood, who has support from a group of coaches who volunteer their time to the club.
The Trustees meet at least four times a year to review the progress of the club and agree future plans for the charity. At the quarterly meetings various aspects of the running of the club are discussed and decisions made.
Induction and training of new trustees
Trustees are given instruction in all aspects of safety, welfare and child protection. Everyone on the board of directors undergoes a CRB check as directed by British Gymnastics.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number
11811677 (England and Wales)
Registered Charity number
1194966
Registered office
54 Iona Crescent Widnes Cheshire WA8 5AD
Trustees
Mr D Donoghue Mrs E Longworth Mr B Smith Mrs V Wood
Independent Examiner
Sarah Allen Woodlands Accountancy Limited 43 Gilderdale Close Warrington WA3 6TH
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Company registration number: 11811677
Widnes Gymnastics Academy Company limited by guarantee Unaudited Financial Statements for the year ended 28 February 2023
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Widnes Gymnastics Academy
Officers and Professional Advisers Year ended 28 February 2023
Directors D Donoghue E Longworth B Smith V Wood Registered office 54 Iona Crescent Widnes Cheshire WA8 5AD United Kingdom Accountant Woodlands Accountancy Limited 43 Gilderdale Close, Birchwood Warrington United Kingdom
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Widnes Gymnastics Academy
Directors' Report Year ended 28 February 2023
The directors present their report and the unaudited financial statements of the company for the year ended 28 February 2023.
DIRECTORS
The directors who served the company during the year were as follows:
D Donoghue
E Longworth B Smith V Wood
SMALL COMPANY PROVISIONS
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
This report was approved by the board of directors on 28 November 2023 and signed on behalf of the board by:
V Wood
Director
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Widnes Gymnastics Academy
Report to the directors on the preparation of the unaudited statutory financial statements of Widnes Gymnastics Academy
Year ended 28 February 2023
As described on the statement of financial position, the Board of Directors of Widnes Gymnastics Academy are responsible for the preparation of the financial statements for the year ended 28 February 2023, which comprise the income statement and statement of financial position.
You consider that the company is exempt from an audit under the Companies Act 2006.
In accordance with your instructions I have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to me.
Woodlands Accountancy Limited
43 Gilderdale Close, Birchwood Warrington United Kingdom
Date: 28 November 2023
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Widnes Gymnastics Academy
Income Statement
Year ended 28 February 2023
| Turnover Other income Cost of raw materials and consumables Staff costs Depreciation and other amounts written off assets Other charges Loss |
2023 £ 149,513 1,715 |
|
|---|---|---|
| 2022 | ||
| £ | ||
| 90043 | ||
| , | ||
| 16143 | ||
| , | ||
| 151,228 (27,172) (91,441) (2,503) (31,287) |
106186 | |
| , | ||
| (21819) | ||
| , | ||
| (58439) | ||
| , | ||
| (2689) | ||
| , | ||
| (23925) | ||
| , | ||
| (1,175) | ||
| (686) | ||
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Widnes Gymnastics Academy
Statement of Financial Position
28 February 2023
| Fixed assets Current assets Creditors: amounts falling due within one year Net current assets Total assets less current liabilities Accruals and deferred income Net assets Capital and reserves |
2023 £ 7,509 |
|
|---|---|---|
| 2022 | ||
| £ | ||
| 8066 | ||
| , | ||
| 8,204 (5,994) |
||
| 4600 | ||
| , | ||
| (2122) | ||
| , | ||
| 2,210 | 2478 | |
| , | ||
| 9,719 (350) |
10544 | |
| , | ||
| (1800) | ||
| , | ||
| 9,369 | ||
| 8,744 | ||
| 9,369 | ||
| 8,744 | ||
NOTES TO THE FINANCIAL STATEMENTS
1 General information
The company is a private company limited by guarantee and is registered in England and Wales. The address of the registered office is 54 Iona Crescent, Widnes, Cheshire, WA8 5AD, United Kingdom.
2 Average number of employees
The average number of persons employed by the company during the year was 1 (2022: 1.00).
For the year ending 28 February 2023, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the micro-entity provisions.
These financial statements were approved by the board of directors and authorised for issue on 28 November 2023, and are signed on behalf of the board by:
V Wood Director
Company registration number: 11811677
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Widnes Gymnastics Academy
Detailed Income Statement
Year ended 28 February 2023
TURNOVER
| TURNOVER | ||
|---|---|---|
| Sales OTHER INCOME Other coronavirus grants Other income COST OF RAW MATERIALS AND CONSUMABLES Purchases STAFF COSTS Total wages and salaries Total subcontracted staff DEPRECIATION AND OTHER AMOUNTS WRITTEN OFF ASSETS Total depreciation of tangible assets OTHER CHARGES Rent Rates Travelling Printing, postage and stationery Telephone Computer costs Accountancy fees Equipment hire Repairs and maintenance Cleaning Bank charges |
2023 £ 149,513 2023 £ - 1,715 |
|
| 2022 | ||
| £ | ||
| 90043 | ||
| , | ||
| 2022 | ||
| £ | ||
| 15643 | ||
| , | ||
| 500 | ||
| 1,715 | 16143 | |
| , | ||
| 151,228 | ||
| 106,186 | ||
| 2023 £ 27,172 2023 £ 9,100 82,341 |
||
| 2022 | ||
| £ | ||
| 21819 | ||
| , | ||
| 2022 | ||
| £ | ||
| - | ||
| 58439 | ||
| , | ||
| 91,441 2023 £ 2,503 2023 £ 20,850 479 5,957 - 560 156 500 1,460 - 710 123 |
58439 | |
| , | ||
| 2022 | ||
| £ | ||
| 2689 | ||
| , | ||
| 2022 | ||
| £ | ||
| 17100 | ||
| , | ||
| - | ||
| - | ||
| 32 | ||
| 203 | ||
| - | ||
| 657 | ||
| 1068 | ||
| , | ||
| 2500 | ||
| , | ||
| 434 | ||
| 30 | ||
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8/11/2023, 19:12 Widnes_Gymnastics_Academy_28_Feb_2023_full_set_of_accounts.html |
8/11/2023, 19:12 Widnes_Gymnastics_Academy_28_Feb_2023_full_set_of_accounts.html |
|---|---|---|
| Subscriptions Sundry expenses Loss |
2023 £ 316 176 |
2022 £ - 1,901 23,925 (686) |
| 31,287 | ||
| (1,175) | ||
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Widnes Gymnastics Academy Limited
Independent Examiner’s Report to the Trustees for the Year Ended 28 February 2023
I report to the charity trustees on my examination of the accounts of the Company for the year ended 28 February 2023.
Responsibilities and basis of report
As the Charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006.
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2001. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
Independent examiner’s statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
Accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act
-
The accounts do not accord with those records
-
The accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination
-
The accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102))
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.
Sarah Allen ACCA Woodlands Accountancy Limited 43 Gilderdale Close Warrington WA3 6TH
31 December 2023