REGISTERED CHARITY NUMBER: 512109 Report of the Trusteu and Unaudlted Flnancl41 Statetnents for the Yur Ended 31st August 2024 for Crewe & Nantwlch Gymng$tlc$ & Communltics Aetiyitles Assoelation Hardings Ch8rtered Accountants 6 Marsh Parade Newc&%tle-under-Lyme Stafford5hirc ST5 IDU
CTeTve & Nantwieh Gymnastics & Communltles Activiti Assoelation Contents of the Flnancial Statements for the Year Ended 31st August 2024 Page Referente 4ttd Admlnlstr*tlve Det8119 Report of the Trn$te¢s 2 to 6 Independent Emmlner's Report Statement of Flrtan¢lal Actlvitles Bmlance Sheet Notu to the Flnonelal Statem¢nts 10 to 16 DetAlled Ststsment of Flnancial Aetlvlties 17
Crewe & Nantwich GymnastlC5 & Communlties Activities Assoeiation R¢fertnee #nd Adminl8tratiYe Detsi for the YeAr Ended 31st August 2024 Trustees Mr S Deeley Chair Mrs C Hughes Treasurer Mrs M Hazell Secretary P Hazell Vice Chair Prlnclp*l addrnss The Camm stre Centre Camm Street Crewe Chc8hir¢ CW2 7DN Reglstered ¢h8TIty number 512109 IDdependent examiner Hardin88 Chartered Accountant$ 6 Marsh Parade Newcastle-under-Lyme Staffordshire ST5 IDU Page I
Crewe & Nantwich Gymna5tlC5 & Communities Attlvities Association Report of the Trustees for the Year Ended 31st August 2024 The truste¢s pr¢sent their report with the financial Statements of the charity for the year ended 3 1st August 2024. 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 Reportsng Standard applicable in the UK and Republic of Ireland {FRS 102) (effective l January 2019). Objectives and activitles Objectives and airns It is our intention to provide opportunities for all especially in gymnastics where we have a depth of experience and reputation. We are well esthblished in the community and provide aduli fithess and well-being programmes through our personal trainers providing progrdmmes and one to one support where n¢c¢s5ary. With thc growth in attention in adult health and wellbein8p we believe we are well ploc¢d to tak¢ advantage of this opporiunity. We provide Specific facilities for ethnic minorities. with a wornen only fjlness area and focuscd training infom)aiion in several of the locally b&sed languages. Our long temi aim is lo continue our contribution to the c(Trmmunity and io add to the success of all our gyrnnasts who have passed through including the many who have grown from gymnasts to coaches. We have provided a support to education in the borough for many years, and continuo io do so through visiting primary schools on a regular basis, helping to introduce a 5¢h¢m¢ of fitnc55 and gymnastlC5 5ki113 Wlth the assistance of the staff of the school and thereby contributing to improvin8 Staff awareness and participation in sport by the children. Our voluntcers contribute massively to the running of thc ccntrc, without thcir support we would not b¢ oble to provide the qu&lity of ¢04ching a¢ the minimal cost level. Other 5POrts clubs rent space from the charity to provide a sirnilur service. We a150 provide fitness facilities for adults including dietary infomlltion. We are iea¢hing oul ¢0 other sports and charitable or8anisaiion to consider how we mi8ht be of help lo their or8anisations. We h&ve invested money in researching the Yiability of moving the centre to a ncw property, whi¢h has always been long tcm alm. The report, written by Active Cheshire, independently demonstrated the nccd for OUT 5ervi¢e proYi$ion in the local area. returning scorcs in the upper quartile on all key parameters. t)uring this financial ycar we have continued to work Closely with local council And health authoritie5 and hav¢ fvrther progre55ed vur development of 8 plan to move and rebuild. Page 2
Crtwt & Nantwich Gymnastics & Communities Aetivitie5 Association Report of the Trustees for the Year Ended 31st August 2024 Achievement and performance By ensuring the fees are kept to a minimum. the usa8e of the fitness areas of the gyJn have iD¢reas¢d whsth togeth¢r with room rental has ensured a contribution to rhe health and well being of the population of Crewe and Nantwich. We have increased the number of our personal train¢rs ynd developed a rangc of individual training options linked to heal¢h programmes. We have significantly itnprov¢d participation from cthnic minorities by developing our Women only section and encouraged linkg with the local Polish and East Timor populaiions. with increasing usage resulting from our efforts. GJTnnastics has continued to be success1, over 400 gymnasts have attended the Club, often more than once per week and for over 15 hour5 per week for higher level individua15.The numb¢rs have reduced as a rcsult of Covid, however, there ar¢ signs of a return to previous l¢vcl of participatiOTb. After over 40 years of trading, we now are welcoming second generation user8 to th¢ centre. We have reprcsenthiivcs of the Euro TTn ¥ym team attending th¢ club iogether with the Women's, Artlstic British Di$abilitl¢s Champion Involvement in local, rEgional and national gymnastics compeiitions coniribute LO the childr¢n gaining confidence in their own abilities. Wc aim to give every child ihe opporlullity to attcnd a ¢oinp¢tition and hold internal challcnges to eUre all 8ymna5ts gain an achievement and hav¢ a r¢cord of progrcss in ih¢ 5POrt. The 'feam scclion continued to grow with success at the English and Brilish finals. This is a growing area of British GaStIc$ and it is satisfyin8 that w¢ or¢ bn ¢he first Stages of developinenl of an ¢x¢iting n¢w area in the sport. The Christmas open s¢58ion5 w¢r¢ enjoyed by over 400 spectaiors in three sessions. It is a gala celebration of the achicvcmcnts of evcry group of gymnasis throu8hout (h¢ ¢lub and is a fitting climax to the year. In Summary.. we have actively increased our linkages with local charities and key opinion forn)ers in the Community, building thc ba51¥ for investmeni in relocation. Flnanelal revlew I'rlncipol fundlng sources lThe year's results are still showing Signs of ihe effect of post Covid concerns but we arc now more 5ignificanlly affected by the double di8lt increa$e5 in our main costs of wages (driven by the increase in minimum wag¢), utilities and insuron¢e. We have continued to service the interest 4nd capitsl rcpaymenl of thc bounce back loan, and the P&L 5how5 a gain of £17. We have invested in nearly £20,000 of capital equipmcnt for both gymnaslics and fitncss areas, lllvestrnL¥nt pollcy And objectlves The trustees Hre empowered by the artic1¢5 of memorandum to bc ablc to invest and divc5l the charity of fixed 855ets. Th¢y also have the power to raise loans against ihe freehold of the property. There have been a small number of IDvestrnents Tn new equipment. It is the policy to consider all elements of an investment with respect to cost, longevity and whol¢ life costs. alignmeni with the article of memorandum, environmental impact. safety and continuity of supply. Rcscrves pollcy for future perlods The charity has the intention too incrcasc the re5eThe fund to £30.000 lo fund unforesccn cxpendIr¢. Covid and p05t Covid issues such as energy inflation have stymied this target but wc expccted to bc rcturning to this target within the forthcoming years. Page 3
Crewe & Nantwich Gymnasties & Communities Attivities Association Report of the Trustees for the Year Ended 315t August 2024 Strnctur< governanee and managenyent Covern5rt8 document (CNGCAA) is registered as a charity (512109) and is open to anyone WILO wishes to take advantage of the facilitie5, iri exchange of a minimal sessional pa)YneDt cutTently set at £1.50 for some low level exercise classes. Th¢ arti¢l¢s of administration cover all aspects of the charity, the matn object being as slated below: The objective of the association shall be.. a) to promote the benefit of the inhabitants of Crewe and Nantwich without distinciion of sex or political, religious or other opinions by associating the local authoritie5, voluntary organisations and inhabitant5 in a common effort to advance education and to provide facilities in the inierests of Social welfure for the recreation and leisure tim¢ o¢¢upation with the objcctivc of improving the condiiion of life for the said inhabitants. b) To establish and maintain a centre for the promotion of the above objectives. c) to advance the physical education and development of young persons under ¢ighte¢D yeprs of a8e and to ensure the d¢velopm¢nt and o¢¢upation of their minds and the organisation or provision or a5sistsnc¢ in the organisation or provision of facilities for physical recreation for such young P¢Tsons in the in¢eresis of social welfare within the area of benefit. In summary> we look to provid¢ facilities for ¢v¢ryone to parti¢ipai¢ in physical activity to maintain and improve their well-being wi¢h a specifir interest in developing an enjoyment for sport in childrcn ofall abiliti¢s. Recrultment And appolntment of new trusttt5 The AGM is nornially hcld in November each year and all trustees must apply for re-election cvery year. All asp¢crs of the charity will be Lontrolled under the CIO rules, All members are encouroged to ait¢nd thc AGM, and &nyone 15 cligible to st4nd with ihc exception that parkners of employed staff cannot be managemeni trustees. Page 4
Crewe & NantwKch Gymnastic5 &
Communiti¢s Activitie5 Association
Report of the Trustee5
for the Year Ended 31st Augu5l 2024
Strueturey goverD3nce and managemetht
Orggni54tional structure
The trustees meet monthly (in a similar matJn¢r to a board meeting) to discuss the past and future perforn)ance and plan5
of the centre.
There is a stsuctured framework to the meeting bas¢d on a standard agenda with pcri
Crewe & Nantwlch Gymn&stlCs & Communities Activities Association Report of the Trustces for the Year Ended 31yt August 2024 Struetur4 governAne¢ and rnanagemcnt Re19ted parties The charity has a long standing link with the local council (Crcwc and Nantwich Borough Council which changed to Cheshire E&%t during 2009).Through a service level agreement ihe charily works in the community introducing children to gymnastics through schools visits al all ages and skill levels. We organise competitions where schools from the area are invited. 'fhey are enthusiastically 5UPPOrt¢d by up to 10 schools and a total of 110 children. For adults, we have also created links with residential homes and have recently stdrted fitness programmes for th0 who have mobility limitation. These have increased in popularily and contribute to our community activities. A$ a result of our incre8$od aeiivitics toward5 r¢localing we have furthered our links with Crewe Town council attd loc41 MP, and h&ve maintained our conncction with Ihe local Chamber of Comtncr¢¢. Rlsk man8gtm¢nt The ¢ommitt¢c has put in place all rcquirements for Hcalth and Safety ¢ogc¢her with fiire evacuation procedures. Limits are put on total numbers in thc ccntre at any onc time.Weekly checks of the effe¢livcn¢s$ of the alarm system are und¢rtaken. Daily che¢ks of ¢8Q&P¢ TOUt¢s and w¢¢kly ¢h¢¢ks on all equipment are fornially r¢¢ord¢d. We also h&ve an ind¢pcnd¢n¢ annual insp¢¢tion of all gynna5tlC5 ¢quipm¢nt. The charity has been in cxistence for over 40 years 8nd the mojor financial risk is that of ¢omp¢tiiive activiry in the health Sector and gnnastIc5 areas. To cumpete we must orrer a g¢rvice which is si8nifiLantly different. W¢ off¢r a wide range of fitness faciliiies for all ages and gender and suppon thi5 Wlth wcll traincd pcrsondl instructors who monitor all pariicipanis on a regular basis. Gymnasiically, wc providc tailored training from prc5¢hool io adult and pride ourselves on integraiing all abilities artd 8iving oqual access to all. We believe that succcss in competition &¢ro5s a wide front, together with in¢reasiDB involvement with higher ¢¢helons of th¢ UK gymnastics infraStrUcre is a key part of our strategy. We are ¢onscious of the need to build resiliertce into the finances and over the last hvelve months, we the have assessed all major areas of spend and have restructured to improve the financial situation, however the significpnt in¢T¢as¢ irt minimum wa8e and doublin8 of utility bills have not helped our creation of re5crv¢s. Approved by order of the board of trustees on . and signed on it$ b¢holf by: Mr S Deeley- Tntre Page 6
Independent ExaMitLer'5 Report to the Trostees of Crewe & Nantwich Gymnastits & Comrnunities Activltles Association Indtpendtnt t%#rniner'5 report to the tru5tces of Crewe & N#ntwieh Gymnastiu & Communitiu Aetiviti¢5 Association I report to the charity tNstees on my ¢xamination of thc accounts of Cr¢w¢ & Nantwi¢h Gymnastics & Communities Activities Association (the Trust) for the year ended 31 st August 2024. Responsibilities and basis of report As the charity trustees of ihe Trust you are Tesponsible for the preparation of the a¢counts in accordance with the requirements of th¢ chitIeS A¢1 2011 {'the Act). I report in respect of my examination of the TTUSt'5 accounts cled out under Section 145 of the Act and in carrying out tny exatnination I have followcd all applicable Directions given by the Charity Commission under Section 145(5Kb) of the Act. Independent ex8mlner'5 statement I have completed my examination. l Confim) that no rnaierial matters have corne to my atten(ion in connection with the ¢MinatIon giving me cause to believe that in aDy material r¢5pect.' accounting records were not kept in respect of the Trust L8 required by Section 130 of the Act. or the accounts do no( accord with thos¢ r¢cord5' or the a¢¢ounts do no¢ Comply with ihe applicable requirements concerning thc fonn and conten¢ of accounts set out in the Charities {Accounts and Reports) R¢gula¢ion5 2008 other than any rcquirement that the accounts give a true and fair view which is not a matter ¢on5idercd a5 P&rt of an indcpendcnt examination. I havc no concerns and have come aeross no other matiers in c(Trnnection with the cxamination io which attention should be drawn in this report in order tu enablc a proper undcrstanding of th¢ accounts to bc reftched. Timothy McN¢al fcA Hordings Chartered Ac¢ountants 6 Marsh Parade Newcastle-under-L)qne Staffordshire ST5 IDU 5th June 2025 Page 7
Crewe & Nantwleh Gymnxstics & Communities Activitics Association Statement of Fln8nelal Activitles ror the Year Ended 315t August 2024 3118n4 Total funds 3118123 Totsl fund Unrestricied fund Restricted fund Note5 Ineome and endowments from Donations and legacies 15.000 15,000 Other trading activities Investment income 218,973 21 13,058 232,03 1 21 208,904 Total 218,994 28,058 247,052 208,922 Expendltur¢ on Raising funds 226,040 3.277 229,323 221.661 NET INCOMEI(EXPENDITURE) Tr8D$fen between fuDd (7,052) 9,231 24.781 (9.2111 17.729 (12,739) 14 Net movement In funds 2,179 15.550 17.729 (12,739) Reconclll*lion of fundj Total funds brought forward (24,890) 223,083 198,193 210.932 Tot41 funds ¢orrled forwlrd (22,711) 238,633 215.922 198,193 The notes fo]Tn part of these finan¢i&l ststernents Page 8
Crewe & Nantwich Gymnasties & Comrnunitics Actlvfitles A550ciation Bal#Ret Sheet 31st August 2024 31ffin4 Total funds 3118123 Total fund5 Unrestricted fund Restricted lund Nole5 Fixed &s5¢ts Tangible assets 72.207 2J8,633 310,840 302.562 Current 45s¢ts Stocks Debtors Cash &1 bank and in hand 313 1,841 3,828 313 1,841 3,828 318 1,819 2.391 10 5,982 5,982 4,528 Credltors Amounts falling du¢ within one ycar (42,950) (42,950) (37,991) Net current Issets {36,968) (36,968) (33.463) Totsl aJ5ety less current Ilabllities 35.239 238,633 273,872 269.099 Credltori Arnounts falling due after more than one year 12 (57,950) (57.9501 {70,906) NET ASSETS (22.711) 238.633 215,922 198,193 Vund5 Unrestricted ftjnds Restricied fijnds 14 (22,711) 238,633 (24,890) 223,083 Total fundj 215,922 198,193 The t]nan¢ial 8tstem¢nts were approv¢d by the Board of Thstces and authorised for issue . and were signed on its b¢half by.. on Mr S Decley- Trustee The noles fonn part of th¢5¢ financial statements Page 9
Crewe & Nantwich Gymnasties & C(trmmunlties Aetlvitie5 A550Cl8tio Note5 to the Financial Statements for the Ye#r Ended 31st August 2024 Accounting policies Basss of preparing the financial statements The fJDancial Statements of the charity, which is a public benefit entity under fRS 102, have b¢¢n prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities.. Statetnent of Recommended Practice applicable to chariti¢s preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) {effectiv¢ l January 2019),, Financial Reporting Standard 102 'Th¢ FitWi¢iAI R¢porting Siandard applicable in the UK and Republic of Ireland, and the Charities Act 2011. The financial statem¢nt5 have been prepared under the historical cost onv¢ntion. Incom¢ All income is recognised in the Statem¢ni of Fin80¢ial A¢tivitics once the charity has entitlement to the funds, it 1$ probable that th¢ income will b¢ r¢¢¢iv¢d and th¢ amount ¢81) be m¢&sured reliably. Expenditure Liabilities are reeognised as expendithre as soon as there is a legol or consiruGtive obligation committing the charity to that exp¢nditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an aecruals basis and hos been classified under headings th81 aggregate all cost related to the category. Where costs cannot b¢ dir¢¢tly attributed to particular headings they have been alluca(ed io activities on a basis consistent with the usc of resources. TAniiblt fixed A$sets DepTcciation is provided at the following annual rates in order tu writc off cach a5S¢t over its estimated useojl life. Freehold property rixLure$, fittings & equipment over the expected usefijl cconomic life 150/0 on reducing balance Stocks Stocks are valued at the lower of cost 8nd net realisable value, after making due allow&nce for obsolete and glow moving ilem$. Taxatlon The charity 18 exempt from tsx on its charitsble activities. Fund accounting Unrestricted ndS can be used in accordance with the charitable objective$ at the dis¢retion of the trustees. Restricted funds can only be used for particular restricted purpose5 Wlthin ihe objccts ofthe charity. Restriclion8 rise when specified by the donor or when funds are raised for warticular restricted purposes. Futther explanation of the nature and purpose of eoch fund is included in the notcs to the financial stht¢m¢Dts. Page 10 continued...
Crewe & NanhYi¢h Gymnasties & Communities Activities Association Notes to the Financtal StatemeNt5- Colltinued for the Year Ended 31st August 2024 Other trading activitles 3118n4 3118n3 Donations & fjjndraising events Shop sales Fees Room letting 17.907 1.057 212,502 565 2.239 1.149 205.348 168 232,031 208,904 Inv¢5tment income 3118r24 3118123 Deposit a¢Unt ini¢rest 21 18 RaIng furtd$ RalslnA donatloni and leEACi 3118124 3118123 Support ¢o$ts 229,269 220,819 Try51ec5' remuneratlon and beneflts Th¢re were no trustees, remuneration or other benefit5 for the year ¢nd¢d 3 Is¢ August 2024 nor for the year ended 3 1st August 2023. Truslees, expenses There were no trustee5' expenses paid for the year cndcd 31st August 2024 nor for the year ended 3 1st August 2023. Staff costs The average monthly number of employees during ihe year was as follows: 3118n4 3118n3 21 Staff No employee5 received emoluments in excess of £60,000. Pagell continued...
Crewe & Nantwich Gymnasties & Cornmunities Activities Assoclation Notu to the Flnantlal Statements- continued for the Year Ended 31st August 2024 Comp•r8tiv¢s for the staternent of financial activities Unrestricted fund Restricted rund Total funds Income and endowments fro Other trading activities Investment income 208.904 18 208,904 18 Totsl 208.922 208,922 Expendltur¢ on Raising ndS 219.533 2,128 221,661 NET INCOMEI(EXPENDITURE) (10,611) (2,128) (12.739) Re(onclllatlon of funds Total funds brought forward (14.279) 225,211 210,932 Total fund5 cArrled forward (24,890) 223,083 198,193 TAnglble fixed 8s$ets Flxtures, flttlngs & equipmertt Frcehold property Tota]s Cost At 1st September 2023 Additions 280,783 378,133 18,513 658,916 18,513 At 315t August 2024 280,783 396,646 677,429 Depreclalion At 1st September 2023 Chorge for year 28,292 1.055 328,062 9,180 356.354 10,235 At 3151 August 2024 29,347 337,242 366.589 Net book VAlue At 3151 August 2024 251,436 59,404 310,840 At 3 1st August 2023 232,491 50.071 302,562 Pag¢ 12 continued...
Crewe & Nantwich Gymna5tlC5 & Communitles Activitie5 Association Notes to the Financial Statements- continued for the Year Ended 315t August 2024 Stocks 3118124 3]3 Stocks 313 318 io. Debtors: amounts f&lllng due within one yegr 3118124 3118123 Trade debtors Other debtors VAT 1,185 513 143 1,690 124 1,841 1,819 Credltor8.' #Monts f#lling dut within one year 3118124 311812J Bank loans and overdrafts (sec note 13) TTad¢ creditors Taxation and social security Othei. creditors 14,431 3,873 15,636 9,010 14,431 6,952 ,362 ,246 42,950 37,991 12. Credltors: #mounts fillini due after more than one yemr 3118124 3118123 Bank108ns {s¢¢ note 131 57,950 70,906 13. Loans An analysis of the maturity of loans is given below.. 3118124 3118123 Amounts fallin8 due within one year on demand.. B8rtk loans 14,431 14,431 Amounts falling behvecn one and h¥0 years.. Bank loans- 1-2 years 14,624 14,624 Amounts falling due tween tsvo and five years: Bank loans- 2-5 years 43,326 56,282 Page 13 continued...
Crewc & Nantwich GymnAStre5 & Communities Aetlvlties AssociAtion Note$ to the Financiol Statetnent5- continued for the Year Ended 31st August 2024 14. Movement in funds N¢t movcment fund$ Transfer$ between funds At 3118124 At 119123 Unre$¢ri¢t¢d funds G¢n¢ral fund (24,890) (7,052) 9,231 (22,711) Restrleted funds Other 223,083 24,781 (9,231) 238,633 TOTAL FUNDS 198,193 17,729 215,922 Net movement in nds, included in the above arc as follows.. Incomlng resourees Resourees expended Movement n fund5 Unre5trleted furtd$ General fund 218,994 (226,046) (7.052) R¢$¢ri¢¢ed funds Other 28,05¥ (3,277) 24,781 TOTAL FUNDS 247,052 (229,323) 17,729 ComparY4tlvcJ for movemont lrt funds Net movement in fitndj At 3118123 At 119n2 Unrnstri¢ted G¢neTal fimd 114,279) (10,611) (24,890) Reslrtcted funds Other 225,211 (2,128) 223.083 TOTAL FUNDS 210.932 (12,739) 198,193 Page 14 eontinued...
Crewe & Nanlwich CytnNa5tics & Communitles Activities A550ciation Notss Éo the Financial Ststements- continued for ihe Year Ended 31st August 2024 14. Movement in funds- eontinued Cotnparative net movement in fvnds, included in the abov¢ ar¢ 3s follows- In¢omlng rcsourct5 Re5vurccs oxpended Movcment in funds Unre5trlctcd funds General fund 208,922 {219,533) (10,611) Restrlcted fund$ Other (2.128) {2.128) TOTAL FUNDS 208.922 (221,661) (12,739) A current year 12 months and prior year 12 months combined position is as follows: Net movement In fund5 TraDsf¢rs between runds At 3118124 At 119122 Unrestrleted fund$ G¢n¢ral fund {14,279) {17,663) 9,231 (22,711) Restrl¢t¢d funds Other 225,211 22.653 (9,231) 238.633 TOTAL FUNDS 210,932 4,990 215,922 A current year 12 months and prior year 12 months combined nct Inovement in fvnds. in¢luded in the above ar¢ as follows.. Ineomlng rcsources Rcsourcej expcnded Movement In funds UDr¢$lricted fund5 General fvnd 427,916 1445,579) (17,663) Restrltted fundj Other 28,058 (5.405) 22,653 TOTAL FUNDS 455,974 1450.984) 4,990 Page 15 ontinu¢d...
Crewe & NaDtwleh Gymnastle8 & Communities Aetlvltl¢g Association Notu to the Fillaneial Statements- continued for th¢ Year Ended 31st August 2024 Related party disclosyr There were no related poty trattsactions for the year ended 3 1st August 2024. Pag¢ 16
Crewe & Nantwich Gymnastiu & Cornmunities Activitiu Association Detailed Statsrnent of Financial Aetivities for the Year Ended 31st August 2024 3118ll4 JIll3 Ineome and endowments Donatlons and leE#eies Grants 15.000 Other tr4diNg 8ctiYitie5 Donations & fundraising events Shop sales Fee$ Roorn letting 17.907 1,057 212,502 565 2,239 1,149 205,348 168 232,031 208.904 Jnvutment Income D¢p05it account interest 21 18 Total Incomlng resour¢es 247,052 208.922 Expenditur¢ Other tr4dlng aclivltle5 Purchases 54 842 Support costs Managemenl Wages Rates and water Insurnnce Light and heat Telephone Printing, p05tage, ststionery and adv¢rti$ing Cle&ning and sundrie$ Travel expenses R¢pair5, r¢n¢wals and maintenonce Coachtng Gsrynna3tics expenses Depreciation of tangible and heritage assets Bank interest and charges Loan interest 149.770 7.503 9.451 12,549 877 307 5.448 600 10.274 6.778 5.969 10,235 2,436 3.486 152,61 7.331 6,304 13,619 887 1,000 5,330 5,941 9,940 10,017 2,348 2,701 225,683 218,029 Governance costs Accountancy and legal f¢es 3,586 2,790 Total rvJourc¢5 expended 229,323 221,661 L¥et Incomel(upeDditure) 17,729 (12,739) This page does not fom) part of the Statutory financial siatemenis Page 17