REGisfERED CHARITY NUMBER: 512109 Report of the Thistees *Dd Unaudited FiDaDcial Ststements for the Year Ended 3151 August 2023 for Crewe & Nantwicb Gymnasticj & Comrnunitie5 Activities A￿￿lation Hardings Clwtered AccountaDts 6 Marsh Pardde Newcastle-ulld¢r-Lyine Stsffor(tshire ST5 IDU Crewe & Nantwich Gyrnnastits & COMM￿nItieS Acttyaties Association Contents of the Fittaneial Statements for the Year Ended 31st August 2023 P*ge Referente and Administrative Detaib Report of the Trnstees 2 to 6 Independent Examiner's Report ststement of FÉnanci*l Activities Balanee Sheet Notes to the Finaneial Staternents 10 to 16 Detsil¢d Statement OfFin3￿claI Activities 17 Crewe & Nantwich Gyrnnastic5 & ComTnunities Activities Associatio RefereJL¢¢ and Admini5tT4tsve Dd8ib for the Year Ended 31st August 2023 Trnste¢s Mr S Deeley Chair Mrs C Hugh&8 Treasurer Mrs M HaLell Secretary Mr P Haz¢ll Vir¢ Chair Pr5neip*l address Cheshite CW2 7DN Registered eharity ttumber 512109 IDdepettdent examiner Hanlings Chartere4J Accountants 6 fvlarsb P￿¢ ￿¢W￿St1¢-Und¢r-Lyme Staffordshire ST5 IDU Page I Crew¢ & Na￿tWIch Gymnastic5 & Communitiu Activiti￿ Association Report of the Tr￿te￿I for the Year Ended 31st Allgust 2023 The trustee5 present their report with the financial statements of the charity for thE year ettded 3 Isi August 2023. The trustees have adopted the provisioD5 of A￿Unting and R¢portiNg by Charities.. Stat¢￿ellt of Recom￿£￿ded Practice applicable to chariiies preparing their accounts in accordanc¢ with the Finamcial Rep)rting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019). Objectives and attivitie5 objectiv￿ and aims It 15 our intention to provide opportunitie5 for au especialty in g￿nastiCS where w£ have a depth ol experience and reputation. We are well established in the community and provide adutt fithess and well-b¢iTLg pr08rdu￿es through our personal trainers providing programmes and one to one SUPFth where necessary. With th¢ growth in attentiim ill adult health and wellbell¥, we believe we are well placed to take advantage of this opporrunity. We provide specific facilities for ethnic minoTitie4 witb a women o￿lY filll￿ area and focused training information in several of the locally based languages. Our long aiTn is to rontilluc our CODtTibution to the commutiity and to add to thc sucttss of gymnasts who have passed tlwough including thE Tnally who ha￿ grown from gymnasts to coaches. We have a gymnast who is registered disabled who r¢pr¢5ents the club gnd currthtly is One of the British Women's Ilrtistlc Champions. We have provided a support to education in the IK>rough for many years, &)d coMinue w do so through visiting prinwy sGboo15 a rEgular basi& helping to intr(xluce a scheme of fitne55 8nd w&stics skills with the assistance of the staff of th¢ school and thereby contributing to improving staff aV￿renesS and participation in sport by the children. Ow volunteers contribute massively to th¢ nujning of the withoui their support we would not be able to provide the quality of coaching at tbe Mini[￿ cost I￿¢1. Other sports club5 rent space from cbarity to provide a similar service. We a]so provide fithess facilities for adults including dietary inforrnatÈon. W¢ aT¢ reachin8 Out to other sports and tharstsble organisation to consider how we might be of help to their Lirganisations. We have invested money in researching th¢ viability of moiing the centre to a new property, which has always been a long temi aim. The rep)rt, written by Active Cheshire. indepeDd¢ntlyd¢Tnonstrated tbe need for ow service provision in the l(Kal areffj returning scorts in the upper quartile on a]1 key parameters. During this f]nancial year we have had further success in locating both a witrdble venue and potrmialty a financial partner. Page 2 Crewe & Nantwich Gymnastics & ComThllDities Aetivlti&s A550ciatiott R¢port of the Truste¢$ for the Year Endfd 31st August 2023 AchieverneDt and performance By ensuringthe fees are kept to a minimutn. the usage of the fithess areas of the gym have increased which together with room rentsl enstsred a contribution to the health and well being of the population of Crew¢ and Nantwich. We hav¢ incre&8ed Ibe number of our per50llal trainers and developed a range of individual training optitsns linkEd to health prograrnrnes. We have siguificaDtly improved parttcipation from ethnic minorities by developin8 our W0￿c￿ only section and encourdg¢d links with the local Polish and East TimoT populations, with incr¢gsing u5ag¢ r¢suliing from our efforts. GyttJnL8tics h8s continued to be successful over 300 gyrnna￿ have attended the club, often more than once per week and for over 15 hours per wcek lor higber level individua15.The nu￿berS havE rcduced as a result of Covid, however, there are signs of a returD to previous level of participation. After over 30 vears of trading we now are welcoming second gelleration users to the centre. We have representatives of the European Team gym team attending the club together with the WonLen's' Artistic Britisb Disabilities Champion Involvement in I￿al. regioual and national gymnutics WrnTKlition5 contribute to the chilthrn gaining ¢onfidEnce in their abilities. We aim to give every child the opportunity lo attend a competttion and hDld iniernal challenges to ensure all gynmasts gain an achievement and have a record of progr¢55 in the sPQrt. The Team G)rn section continued to grow with succ￿% at the English and British finals. This is a growing area of British GyrnnastiC5 and it is satisfying that we are in the stages of developnTht of 2n exciting new area in Éhe sport. Th¢ Christm&8 op¢n session$ wtte ￿JOYed by over 400 spectalors in three sessions. It is a ga]a celebrdtion of the achievements of every group of gymnasts throughout th¢ club and is a fftting climax to the year. In Sumnw: we have actively increased ow linkages witb local Charities and key opinion formers in the community. building the basis for i[LVtst￿C￿t in relocation. Flnondal revlew Principal fuDding sourc¢s Like mally Other similar businesses, the Covid Vdndemi¢ h85 SI￿)Ffi¢drtt7Y ¢hanged our financial performance. Numbers have slowly retLwned but there is still a shortfall in numbers and relat¢d incom¢, however the financial performance is much i￿prOved. In YE August 2023. our main spend of wages, rose slighdy to £152,611 (an increase of £6.100). while our iD¢om¢ rose EO £208.904 (an increase of £31.000). All utilities were lower, delivering a much improved financial perfOr￿an(c. The fthancial r¢sult of a loss of £12.793 includes a depreciation Wdh]e of £10,017, so the cash Ioss Wd5 £2,776, compared to a cash loss of £23.133 in 2022. We wect thc fjmallcial performance to improve further in year 2023r2024. Investment poliey Ind objeetives The tnst¢es a￿ empowered by tbe articles of memorandum to b¢ able to invest and divest the charity of fixed assets. They also have the p)w¢r io raise loans again￿ the freehold of the prokxrty. There have been a small number of illvestt￿ellts in new equipment. 11 is the FK>li¢y to COll5ider all elements of an investtnent with respert to cosl longevity and whol¢ life ¢o$ts, alignment with the article ofMemordndW￿ environmental itnpacL safrty and continuity of supply. Reserves policy for thture P¢Tiods The cbarity ha5 the intention to increase the reserve fitnd to £30,000 to fimd unfores¢¢n cxpendinire. Covid and post Covid issues 5uth as energy illflatioll have stymied this target but we expected to be r¢5ponding to this targ¢t in 2023r2024. Page 3 CreTve & NaDtwich Gy￿￿85t￿e3 & Communitie5 Activitie5 A550ciation Report ofthe Thiste for the Year EDded 31st Allgust 2023 Structur< governance management Governing document (CNGCAA) is rEgistered a5 a GhaTity (512109) and is open to anyone who wishes to tske adv8mtage of the facilities, in exchang¢ of a minimal sessional payment currently set at £2.50 for some low level exercise cla￿eS. The articles of a(bninistrdtion cover all aspects of the charity. the objeet beitig Ls 5txted below.. The objective of the &s50ciation shall be: a) to promote th¢ b¢nefit of the inhabitants of Crewe and Natttwidj without dI￿]nCtiOn of sex or political, religious or other opinions by associating the local authoyitie5, volulltary or8anisations and inhabitants in a co￿￿0￿ effort to adyattce education and to provid¢ fdrilities in the interests of social welfare for the re¢reation and leisure time Occupatio￿ with tlLe objective of improving the ¢ondiiion of life for the said inhabitsnts. bl To establish and maintain a centre for the proJnotiOD of the above objectives. ) to advance the physical ed￿￿tion and developtn¢nt of young person8 under eithteen years of age and to ensure the development and occupation of thetr mÈnds and tbe organisation or provision or assistance in the organisation or provision of facilities for physical recreation for such young petsons in the interests of social welf￿e within the area of benefit. In 5UTnmary. we look to provide faciliiie5 for everyone to partscÉpate in physical activity th ￿ainta]ll and improve their well-being wsth a Specific interest in dev¢lopill8 an ¢njoY￿¢llt for s￿rt in children ofall abÉlitie5. Recruitment and appointment ol trustees The AGM is norn]ally held in November each year and a]1 trustees musc apply for repelection every year. All members are encouraged to attend the AGM, and anyone is eligible to StAttd with the exception that parthers of employed staff cannot be management truslees. Page 4 CT¢we & Nantwich Gymnastics & Cojnmllnities Activities Associatio Report Df the Tntstees ror the Yur Ended 31st August 2023 Strllcturey goTr'ernance maDagetneDt Organisational St￿Cture The trustees rneet IUQDthly (in a s]￿lIar ￿anDer to a board mEetiDg) to disctLSS the past and future perfor￿anCe and plans of the centr. During th¢ F¢riod of Covid these meetings hav¢ b¢w] support¢d by Zoom conlle£tions. Th¢re is a structured framework to the m¢eliDg based on a standard agenda with periodir additions at times suth atmual appraisals. Each tn￿tee tskes a responsibility for an area ofthe centre, covering finance, wages, maintenance. the gymn&siics area and the fftness section with reception. At each meeting there is a report ot) any significant issues which have occurred during the previous month and items th&1 may need to be addressed going fonvards. Minutes are taken of every meeting and reviewed at subseqllent meetings. There LE a second tnonthly mttting betvleen two trustees and the seJJior rnembers of ststt chaired by the Chairn￿l, agaTn with a st￿￿￿red agenda covering: l) Health and Safety including accident reports and ¢quipm¢llt reviews and any welfdre i55ue5. 2) Financial perforniance 3) Staffing elements such as reauitroent and training d) Repair4 renewa15 and maintenance, 5) Customer numbers and fr£dback received the month 6) Planned purchase5 of equipment 7) co￿PetitiOnS and other slmilar activities such as display daJs. There ar¢ 5¢nior ¢rnploy¢ES for both gyfflnastics and ll0TTr-gy￿l1C5 areas present at the meeting. Finantial tratJsactiot]s through cheques or bank tr￿fer$ are controlled by two out of the trusie¢s of rhatr, treasurer aNi vi¢¢ ch&ir. All investtnent spend is authorised through the trustees commillee. and all till)ntng eXpendi￿re 15 cl¢ared via either the treasurer or chair. There 15 all appollited welfare officer who is fully trained in child supEM)rt and is independent of the centre staff. Two trwst￿s have a150 received welfare traini All gynnastics activities are under the guidelin¢s of British @]r￿astIc5. and all members are insured through British gymntisties. All officers alld employees who have contact with g￿asts haye DBS ¢l¢zrance. Previously the Whyte report was being published. This has now gone 15ve and we can coDfllin that W¢ ¢OTllply with all aspects of the report plus the fiuther guidance from British Gymnastics. Our concem that parents may guide their children away from gYU￿astIC$ has not materialized, though the rets]rn of numbets post Covid was slow. there has been an improvement i both 8yEDnastics and fitness numbeTr. InductRon and traiDing of neiv tTUSIvs Tn]stees are appointed to the ¢ornToittee based on th¢ ne￿$ for ski115. We encourage new tswstees to make th¢mselves aware of all aspects of the association before volunteering for noTnination. Tru5ttts spend some time with each of the areas ID the centre. meeting stsff and gaining an appreciation of thetr ry¢div¢ role5. New trustees are briefed on the following: l} The obligations of trustees under charity and company law including the operational framework and r¢gulatiOll5 within the structure of the charity and with reference to the Memorandum and Article5 of Association. 2) Th¢ business plaD alld the last 12 months accounts with any Salient points aDd how the present and futt￿e plans are linked to the financial p¢rforTnance. 3) The staff appraisal scheme and th¢ int¢r-linkag¢ b¢ty¥¢¢n the &spiAiiDns of the chaTity and how roles within the cornpany build into the ￿￿re plans. Page 5 Cr¢w¢ & Nanlwi¢h Gymnastics & Conmunitles AetlYltSes knoeiation Report of the Truslees for th¢ Year EDded 31st August 21n3 Stru¢turey governan¢¢ aod maD4gemenl Related parties The charity has a long standing link wÉth the local council (Crewe and NanNch Bon)ugh Council - which changed to Ckshire East durints 2009}.Tbrough a service level agreement the charity wot*s in the COMM￿lty introduclng children to gyrnTrastics throllgh schools Yisits at all ages and skill levels. For adults. we have also created links with residential homes and have recentty started fitnc5s pro8rdn￿ts for those have rnobility ]itDitation. These have incre18ed in populariry and contribute to our community activities. We a150 proyide low cost fits)e55 faciliti¢5 for migTaT)ts and displaG¢d ukr￿]￿ fa￿llies. As a result of our incre￿ed activities ￿WardS relocating we have furthered our links with Crew¢ Town council alld local MP, and have maintained our co1]ne￿iOn with the local Chamber of Comrnewe. Risk lllallagement The cojnrnittee has put in place all requiretnents for Health and Safety iogetheT with Fire evacuation procedures. Limits ar¢ put on totai nuTnber5 the centre at aoy one time.Weekty checks of the effectiveness of the alam) system are undertaken. Daily cheths of escape route5 zlld weekly checks on all equipment are fornially r￿orded. We a]so have an independent annual inspection of all g￿[c5 ¢quipmenL The eh&rity has been in existence for over 35 yedars and the major financial risk is that of cojnpetitive activity in the health sector and gymnastics arcas. To colnpde we must offtr a service whicb is significantly different. We offer a wide r￿ge of fithess facilities for all ages and gender and support this wtih well trdined personal inslNctors monitor all participants on a regular basEs. Gyrnua5ti¢ally. we provide tailored training from pre$dhooI to adult and pride ourselwes on intEgrating all abilities and 8iving qual access to all. We believe that success in ccTrmpetition a￿osS & wide fronL together with In￿57￿8 involvement with highcr echelons of the UK gymnastics iDfra5tructure is a key part of our strate￿. We are conscious of the need to build resilience into the finances and ov¢r the 1&5t twelve ￿￿1th5, w¢ have assessed all major areas of spend and have restrnctured to improve the financial sibjation, however the105s of fiv¢ months of sncomc due to Covid closures has put back our plsns in the 5CCtion. Approved by order of th¢ ￿4rd of t￿Steel on 10th June 2024 and signed on its behalf by: Mr S Deeley- Tn￿ce Independent Examiner's Report to the Trustets of Crewe & Nantwleh Gymnastits & Cornmunitie5 Activitles As50£iatio Independent examine￿$ report to the trustee5 or Crewe & Nantwich Gym￿85t1fs & Co￿￿￿nItieS Activitios A￿oCiatIo￿ I report to the charity trustees on rny exalnination of the acwunts of Crewe & Nantwich Oymn&Ear ended 3 1st August 2022. Staff eosts The average monthly nurnber of ernployees during the year was as follows: 3118ll3 3118122 20 Stsff No employees received ernoluments in exc￿8 of £60.(m. Pagell continued... Crewe & Nantwich GymDa5ties & Communitks Aetlvititts Assoel%tion Notes to the FiDxncial StaterneDts- continued for the Year Ended 31st August 2023 Comparattves for the slatem¢nt of financial activities Unr¢striettd fuDd R£strieted fund Total funds lttcottle and elldOw￿e￿ts from Charitsbl¢ activitie5 In￿rne 708 708 Other trading activities Investment income 186,949 186,949 Total 187.659 187,659 Expenditure o Raisti¥ fijnds 219,596 2,503 222,099 NET IPICOMEI(EXPEf4DrruRE) (31.937) (2,503) (34,440) Re¢olleS1iatlon of funds Total fi￿dS broll￿t forward 17.658 227.714 245,372 Totsl fllnds carrfed forward (14,279) 225211 210.932 TaDgible rued 85sets FixtUT¢5 and fittings Freehold property Tota]s Cost At 1st Septerllber 2022 and 3 1st August 2023 280,783 378,133 658,916 DeprecixtiDn At 1st September 2022 Charge for year 27.237 1,055 319.100 8,962 346,337 10.017 A13 15tAuW 2023 28,292 328,062 356.354 Net book vxlue At 3 1st AugTLSt 2023 252.491 50.071 302.562 At 31st August 2022 253.546 59,033 312,579 Page 12 continued... Crewe & iyantwleh Gymn*ststs & CoDJrnllnities Activities AxgociatioD Notes to the Fillallclal Ststements- eontinued for the Year Ended 3151 August 2023 Stoeks 3118123 3118122 Stocks 318 413 io. Debtors: amounts falling due within on¢ ye•r 3118123 3118122 Trade debtors Other debtors VAT 1.690 124 825 97 1.819 943 Creditors: atnounts f#liirtg due within one year JI￿ll3 3118122 Bank loans and overdraft5 (s¢¢ ni)te 13) Trade creditors Tlxation 8t￿ social securtry Other creditors 14.431 6,953 8,362 8,245 14,084 9,486 6,776 14,241 37,991 44,587 12. Creditors: falling dve after more than y￿r 3118123 3118n2 Batth loans (see not¢ 13) 70,906 62,441 13. Loans AD aDalysis of the maturity of loans is gtven below: 3118123 3118122 Amounts falling due within on¢ year on demand: Bank loans 14,43 1 14,084 Amounts falling betwe¢n one and two years: Bank loans- 1-2 years 14.624 5.581 Amounts falling due b¢tw¢¢n ts¥o and five yeaty: Bat￿ loan5- 2-5 years 56,282 56,860 Page 13 ¢ontinud... Crewe & Nantwich Gymtt#sti¢s & Cornmullltles A¢tivIti￿ Association Tr4ote5 to the Financial St#temeDts- conlinued for the Year Ended 31st August 2023 14. Movement in fullds Net movement ID funds At 3118r23 AÉ 119122 Unre5trictsd funds General ￿nd (14279) (10.611) (24,890) R￿trIe¢¢d funds Other 225211 (2,128) 223,083 TOTAL FUNDS 210,932 {12.739) 198.193 Nrf movement in fiTnds, included tn thE above are as follows.. ID£oming resources Resources expellded mOve￿ent in funds u￿r￿trIcted funds General fund 208,922 (219.533) (10,611} Re5trieted fuDds (2.128) (2,128) TOTAL FUNDS 208.922 (221.661) (12,739) Cornparatives for rnovement in funds movement in funds At 31￿nI At 119lll Unrestrieted funds Generdl fund 17.658 (31.937) (14.279) RtStricted funds Other 227,714 (2.503) 225,211 TOTAL FUNDS 245,372 (34,440) 210.932 Pag¢ 14 colltinued... Crewe & Nantwleh Gynjnastics & CommuDitie5 Activities Associ¥Jtio Notes to the Financial Statemellts- eontittu¢d lor the Year Ended 31$t Allgust 2023 J4. Movement in funds- conti￿lled Cojnpatative nBt movement in fimds. included in the alK>ve are &s follows.. Incoming rtsourees Re50llr¢es expended Moi'ejnent in funds Unrt5trieted funds General fund 187.659 (219,596) (31,937) Restricted funds Other (2,503) (2,503) TOTAL FUIYDS 187,659 (222,099) (34.440) A awrent year 12 months and prior year 12 months combined posiiion is as follows: Net movement in funds At 3118123 At I￿￿1 Unrestrieted funds Generdl fimd 17,658 {42,548) (24,890} Restricted funds Other 227.714 (4,631) 223,083 TOTAL FUPIDS 245.372 {47,179) 198,193 A cumt year 12 months and PriOT year 12 montL8 combined Jjet movement in fimds, included in the above are as follows= Incoming resources R¢50urceg expended Movement in funds UDrestrirted funds Gellerdl fi￿d 396,581 (439.129} (42,548) Re5Éricted ￿lld5 Other (4,63 1) (4,631) TOTAL FUNDS 396,581 (443.760) (47,179) Page 15 colltinued... Crewe & Nantwich Gyrnnastics & Commun5tles Aetivities A5S0CiatioD Note5 tD the ￿lla￿till Statement5- Continued for the Y￿r Ended 31st August 2023 15. Related party d19elosur There were no related paty transacti¢)ns forthe year ended 3 1st AUg￿t 2023. Page 16 Crewt & Nalltsvich GyrnDastic4 & Comjnunilies Activities Association Detaikd StatemeDt of Finaneial Aetiviti for the Year End¢d 31$t Augu$t 2023 31Mn3 3118122 Income endowments Other tradlng aetivities Donations & ftmdraising tv¢nts Shop sales Fees Room letting 2.239 1,149 205,348 168 2.309 2,312 181,983 345 208,904 186,949 Investrnent income Deposit account interest 18 Cbaritabk gctivities Grants 708 Totsl Ineoming resoure&s 208,922 187,659 Eipenditure Other trading aetivities Purch&ses 842 2,060 Support costs Manag¢Tttent Wages Rates and water Illsurance Light and heat Telephone Printing. postage, stationery and advertising CleaTring alld 5undries Travel ¢Aper￿S Repairs, ren¢waLs and maintenan¢¢ Depreciation of tangible and heritage assets Bank interest and charges LoaD int¢rest 152,611 7J31 6J04 13,619 887 1,000 5.330 5,941 9,940 10.017 2,348 2,701 146,502 9,470 5,915 18.980 891 312 3.106 4.634 9,687 11,307 2283 3.457 218,029 216.544 Governance costs Accountancy alld legal fees 2,790 3,495 Total resources expended 221,661 222,099 Net expenditure (12,739) (34,440) This page does not form port of the sÉaMtory ftnancial ststements Page 17