*LEISUAf
Gamlingay Leisure (Community Gym and MUGA) CIO
TRUSTEES. REPORT
AND
FINANCIAL STATEMENTS
for the year ended
31 December 2023
Chartty Registration No. 1197794
CIO RegistratK)n No. CE028156

GAMLINGAY LEISURE CIO
REPORT AND FINANCIAL STATEMENTS
YEAR TO 31 DECEMBER 2023
Contents
Page
Chair's Report
Trustee's Report
Independent Examiners RefX)rt
Statement of Financial Actwtbes
Balance Sheet
Notes lo the Financial Statements

GAMUNGAY LEISURE CIO
Chairfs Report
2023 has seen Gamlingay Leisure go from strength to strengthl
Our membership continl￿s to exceed our busbness plan and. as a result, we have been able to invest
in the Bym and our Servi￿ prowsion.
We have not only continued to invest in repl3￿ment equipment, but we have also replaced the air
conditioning which, frankly, gave up the ghost on us during this summerfs heatl
We have grown our freelance staff. with Brnndon Joining Jo as our second qL¢alified instrurtor. Our
volunteer groijp have remained faithful to our cause and the leadership team ￿main hugely grateful
to the community who support us.
There has been some change in the trustee group, all of which will be noted in the report attached. I
am delighted with progress and look forward to what next year brings.
S Fisher
Chair of Trustees
12 july 2024
Page I

GAMLINGAY LEISURE CIO
Report of the Trustees for the year ended 31st December 2023
The Trusteès are pleased to present their report together with the financial stateTnents of the CIO
for the year er*din8 31# December 2023.
Referen￿ and adminlstrative detai15
Charity name:
Gamlingay Leisure Icommunity Gym & MUGAI
Charity number=
1197794
Registered Office:
Gamlingay Village Primary Sd￿01. Station Road, Gamlingay SG19 3HA
Bankers=
HSBC Bank Plc.
Independent Examiner: lan Parker. Partow Associates Ltd.
Trustee5
The Trustees servin8 during the year were ès folh)ws:
Mr S Fisher
Chair
Mr R Petch
Trustee
Mrs S Cousins
Trustee
Mr 5 Cousins
Trustee
Ms M Aitchewn
Trustee
The trustees offertheir time on an entirely voluntary basi5 and receive no remuneration. grntis or
sub5idised membership by virtue of their p)sition.
Structure and Governance
Governlng Document
The organisation is a Charitable Incorporated Organisation and vrds rÈRistered with the Charities
Commission on 4 February 2022.
Recruitment and Appolntment of Trustees
Trustees appointed will servè a minimum term of 2 years. No limit is set to the tlme an individual can
serve as a trustee.
Trustee inductson and training
New Trustees are genetslly already familiar with the practsc31 work of the charity having lived in the
tommunity in which we operate. Additionally, new Trustees are invited and entouraged to attend a
briefing lof no more than an hourl to familiarise themselves With the charity and the context within
which it operates. Trustees are also encouraged to attend appropriate external training events
where these will facilitate the undertaking of their role.
Or8ani5ational str￿ture
The trL¢Stees meet regular￿ (usually once a monthl and are resTM)nsible for the strategic direction
and policy of the charity. The trustees hail from a variety of professional back8round5. wh4ch
provide a good mix of experience to various roles required to run the charity.
Page 2

GAMUNGAY LEISURE CIO
Communlty Support
The charity has a close relationship wtth Gamlingay Parish Council and South Cambrid8eshire Distrirt
Council in that all organisations are working towards improwng life for the local community. Both
parties, along with several local bU￿nesSeS have provided essential grants and donations which has
supported our growth objectives and 3rtNety promotes the work of the charity.
Rlsk managèment
Whilst the charity does not have a requirement to perform a risk assessment, due to its income
falling below the required threshold. the tnjstees feel that it is good prattice to perform one and
havè undertaken a risk assessment on all acttvities.
The charivs risk assessment policy is reviewed annually and is publicly available to thjwnload from
our website. A hard copy can be made available on request.
Objerttves and activities
The objects of the charity are..
The advancement of education
Physical education and development of young people
The advancement of health or the sawng of lives
Charities that promote activitle5 that have a proven beneficial effect on he8￿h
The advancement of crtizenship or community development
The promotion of urban and rural regeneration
The promotioft of volunteering
Thè promotion of the voluntary sector
The advancement of amateur sport
Charities advancing sport at a local club, e.g. local football, rugby, tennis clubs etc. &
multisport ￿ntre$
Other organisations concemed with the promotion of a particular amateur sport or garne
Fundi
In 2023, we were able to secure small grant award5 from various sources. These ineluded..
Co-op
£1.2C(J Customer dividend to charity
South Cambs Distritt Counal £ 9(M) Staff training
Community Chest Grant
£2,OCK) Equipment enhaTr￿ment
We continue to seek and apply for funding opportunities to improve our environment and service.
Financial Revlew
For the year to 31st December 2023, the charity had a total income of £67.981. Most of this is
derived dirertly fmm member subscriptions and MUGA hire to local football clubs.
At the end of the year. the charTty had rÈserves of £24.278, wtth more than 50% of this already
allocated to the PLtrchase of new" equipment and upgrade to the building infrastructure.
• The equipment is new to us. but purchased as refurbished used equipment, in line with our
sustainable procurement policv
Page 3

GAMUNGAY LEtSURE CIO
Lease
A 5-year lease was signed with the owner of the property from which the CIO operate5, the CAM
Academy Trust, dated 16 May 2022. It runs to 10 April 2027 with a rent review on 16 May 2025.
It is anticipated that the lease term will be extended at the end of the current lease period. subject
to DfE consent. for a further 5 yÈars.
Reserves Poltcy and Sinknng Fund
The charity is also responsible for the managèment of the Multi-use Games Area IMUGAI located in
the grounds of the school. A5 a part of the lease agreement wwth the landlord. the CAM Academy
Trust, the charity has agreed to contribute to a sinking fijnd which will generate the capital required
to contribute to the resurfacing of the MUGA at the end of the life of the surface (typically 10 years).
As a result, the charity will set up a restricted fund reserve into which an agreed total sum of
£22,500 will be paid from year4 of the lease onwards. The tem)s of the sinking fund are laid out i
the lease contract and a subsequerht side ag￿ement and, in order to support the set-up of the gvm,
the landlord agreed to defer any contribution for the first 4 year5.
Trurtee< responsibilitles in relation to the financial statements
Company law requires the Trustees to prepa￿ financial statements that give a true and fair view of
the state of affairs of the tharity at the end of the financial yearand of tts surplus or defictt for the
financial year. In doing so the Tnjstees are required to=
Select suttable accounting pollcies and then apply them consistently;
Make SOLsnd judgements and estimates that are reasonable and prudent,. and
Prepare the financial statements on the going concern basis unless it is approprtate to
prèsume that the charÈty will contsnue in business.
The Trustee5 are responsible for maintaining proper accounting records which disclose with
reasonable accuracy at any time the financial position of the charity and enables them to ensure that
the financial ststements comply with the Companie5 Art 198S. The TnJstees are also responsible for
safeguarding the assets of the charity and he￿￿ for taking reasonable step5 for the prevention and
detection of fraud and other irregularitie5.
Approved by the trustees on 12 ju￿ 2024 a¥HI signed on their behalf by:
Simon Fisher
Chair
Page 4

GAMLINGAY LEISURE CIO
Independent examinerfs report to the trustees of Gamlingay
Leisure Charitable Incorporated Organisation ('the CIO,)
I report to the tharitytrustees on my examination of the accounts of the CIO for the period ended 31
December 2023 as set out on pages 6 to 9.
Responsibilities and basis of report
As the charf(y trustees of the CIO you are responsible for the preparation of the accounts in
accordan￿ wtth the requirements of the Charities Act 20111.the ACVI. I report in respert of my
examination of the Clo's accounts carried out under ￿etiOn 145 of the Act. In carrying out my
examination, I h3¥e followed all applicable directions given by the Charity Commi55ion under section
1451Sllbl of the 2011 Art.
Independent examlnerfs statement
I have completed my examination. I confirm that no material matters have come to my attention in
connection with the examinatton giving me cause to t￿lIeve that in any material respect=111
atcounting records were r￿t kept a5 required by section 130 of the Act,. or121 the accounts do not
atcord with those records.
I confirm that there are no matters to which your attention should be drawn to enable a proper
understanding of the accounts to be reached.
Si8ned=
lan G Parker FCA
Chartered Accountant
Parlow Associates Ltd.
PO Box 103
Gamlingav
Sandy SG19 3ZQ
12 July 2024
Page S

GIMLWGAY LEISURE CIO
STATEMEvf OF FINANCIAL ACTIVITIES
oratin
INCOME AND EXpEND￿uRE ACCOU
inco
YEAR TO 31 DECEMBER 2023
2022
Tolal
Funds
Ur*eStr￿1•j
Furxts
Total
Ineome Irom..
Donations 8￿J1£g￿S
ChantatA& activJties
5.708
20,959
24,060
Tolal income
67.981
45,019
EMpenditUTe on:
CharitsNe acbvibes
veinarte costs
25,317
Total ex￿￿11￿
63.045
MOVEMENT IN FUNDS
19
42
Tow hJThts tKouJht fon¥ard at 1 Jarnw 2023
19.342
19.342
Total fund$ * 31 Decem￿ 2023
24.278
24278
19
42
l irtorM and ex￿￿￿tituTe is Unrestr￿t•a.
The noies on pages 8-9 lorm part of Ihese firw*ial 51aterrErts.
Page 6

GAMU
YLE
RE CIO
BALANCE SHEET
ASAT31 D
MBER 2
31 Dècember 2022
FIXED ASSErs
Tangible assets
3.797
3,728
CURRENT ASSErs
Cash at bank and in haryj
1￿74
CURRENT LIABILMES
CreLIEtors and acCru￿S
NET CURRENT ASSETS
15,614
TOTAL ASSErs
24.278
19342
TOTAL FUNDS:
UnrestllcM FurK
19,342
19,342
The notes on pages 8-9 fom7 part ol Ilw financaal statemerrt&
ON BEHALF OF THE TRUSTEES:
S Fisher
Trustèè
12 July 2024
PaJe 7

GAMUNGAY LEISURE ao
NOTES TO THE FINANCIAL STATEME
YEAR TO 31 DECEMBER 20ZJ
ACCOUNnNG POLICIES
lal 88$ts ol preparation
The financial statement5 have kfftn p• urKkrthe tystoiic￿ w5t (x)nvÈntion.
The finan¢ial statements have Lw) prepar&Y in accordan￿ *ilh Finar￿￿ RepDtbrNJ Starthrd IFRSI 102
and other a￿ACab￿ a¢¢ounbrvJ standartLs arnl on a￿Ar¥j cor￿￿ b
Ibl Incomlng resources
All incomirKJ resourw are srtihY8d in thÈ Stsmient of Ath￿e$ when the CIO ts entilled to the
arKS the arTwnt can quantified ￿th reasonabl8 aGCUta¢y. follo*iThJ wifi¢ ￿1￿leS are
partirJJlar cat9g0￿$ of Irwme:
. Voluntary irwT* is re(*¢ved by wof granls, dJnatiLWS is irth¥￿ in full In th8
Statement ot Finanoal Aciiviti8s wlw r￿the.
. Grants are recognised in fuu in the statement of FinaThial kbvibes the year in they are rer*Nable.
. Investment income is I￿Lth1 r￿¥2￿19.
1¢) Resources expended
l experK1iture ￿ recL%Jnised in the Fer*)J in whrh Ir￿￿rre(l arKI. a¢u)unted foron an a(xyuals basis.
This ha5 then been daSSiti￿ untsr hea¢*ws that ￿jgre￿e al wsts rdated tt) the rAtegory.
GharitaNe exp8n(Jitur8 1xJM￿lses1Iw costs in¢xJrred byttE CK) in the d￿l¥ery of its actNitre5 aA1
servkTrs for its ber*fK4arie5. tt indules twxh wsts that ￿ be ￿k)catal ¢*recUy 10 such activ¢t* arKI Ihose
Costs 01 an indirert nature nece5saryto ￿[p)rt tsm.
Idl TanglblÈ Ilxed assets
TangitrAe fixed a55ets a￿ aYXAmtwJ forat Q)Sl. Dew•iaiM)n És wovhledat pa on a stwht tqss.
le} Cash Fkni Stytement
ThÈ financi￿ statements do Ml ithJ8 a Fhy* Statement b￿a￿e ￿ C￿. as delir￿ by FRS102.
is ex￿￿pt from wirerrErn to prepare a slateft*nt.
STATUS
Th8 CIO is r&Jisterth1 in Erw Corrw*s HLKtsÈ number CEtr28156 arKI Ihe Charity Comft￿lDn
nurr*er 1197T94.
DONATIONS ￿lD LEGACIES
Garnlingay Gommunity Tu￿￿￿e TTtst
Gamlirway Parish Courta
Swih Cambridge51ve Dtsbxt CINJ￿
Private donaJor
595
1,9
1.123
9,454
11.505
INCOME FROM CHAR￿￿ AeTivmES
M8rnber5hip subs(xptsons
Irthction and other orTre￿ IrK0￿
Hire of M
48241
7.599
6,433
62273
15,649
5,507
2.904
Page 8

GAMUNGAY LEISURE CK)
NOTES TO THE FINANCIAL STATEmETr￿S
YEAR TO 31 DECEMBER 2023
EXPENDrruRE ON cHAR￿ABLE ACTivmES
FreelarKe coaches
AdvertisirKJ arn1 marketrng
Supply servi¢x of equipmnt
Repairs arKI maintenarte
Insurawe
Rent
utilrf(ies
(Yfice aThJ admiThstrativè èxpèr
SubscriplK)ns
Training
Finance charges
Professional fees
Depieciaiion
21,507
11.722
18,364
3.304
1,175
4,260
7,320
1,753
4,049
670
73
199
217
932
1,182
62,685
GOVEFINANCE COSTS
Conwrises:
Aceountary aThJ examinatK)n leé
TANGIBLE FIXED ASSErs
Fixlures, Ilttings and equiwrErt:
Cost at 1 Ja￿Uary 2023
Additions in the year
Cost at 31 De(Xfrtsr 2023
1.251
5.917
4.660
4,660
DetKeciation at 1 January 2023
Derxeciaiion prOvKI￿ in th8 y8ar
Deweckity"on at 31 Decents 20¥J
932
1,182
2,114
932
932
Net B(K4( value * 31 C)ec￿ 2tr23
3,797
3,728
cRED￿ORs AND ACCRUALS
Aecrued expernses
2.￿7
RELATED PA5rrY TRANSACTIONS
Thè daughter of the trusteos was a lotal of £2,22012022.. £5351 during the year as a
freelance trwner.
10.
EXPENSES PAID TO TRLWEES
DuriThJ thè w"¢Jl. 3 trustee5 rece￿1 r8irrtMjtse￿I ol eypenses arrA)unb"ng to £2.93212022'. £1.1
11.
LEASE AND OTHER COMMTfMErirs
A 5-year lease was S￿rIed with the OWr￿ ol the Us￿1 by ts CIO, The CAM
Academy Trust. dated 16 May 2022, erNJing ￿ 10 Aw"12027. Ther8 is an annu￿
comrnitment urKl8t the lease of £5,5(M) plus VAT subject to review on 16 May 2025.
Under the 18rms ol the lease, a"sinking fuThl" has been established for future T￿LIfac1r￿
of Ihe MUGA and the CIO will te required to make a ¢0ntrtt￿ to this lurKI from the fourth
year of ih818ase onwards in surn of £22,5￿ in total.
It is ant￿Ipated that the lease term wll exteThYed. Sub￿ to DfE consenl. for a
futher 5 years to capture a fv1111>year tèmi which is equtvalent to the lifetime of the
MUGA surface. so the financia eontriLxJtion will be made years 4 and 10.
Paoe 9