The FA￿ Gym CIO- Re8Sstered Chlrlty Number 1202542
Trugtees, Annual Report
Reportimg ptrlod: 2913r23 - 3011 In3
l. Objectives and Ae¢fvlties
Thc primary objectiiie of Th¢ FAST G)'m CIO is to upgradc and refurbish dilapidoied
faciliiies lo nillk"¢ Ihem suitsble for conducting ph}'sical educalion and ¢vaLhin¥ Llussc& with
a focus on 5¢rving the l(Kal community. During ihe rcp)rting periixl. we aimed w raip
5uITicicnt funds io achieve these improv¢m¢nts and succe&sfully carried out key
relurbi5hmeni actii'ities.
We have alw SOUBht to provide free coachin8 S¢Ssions for yvuth5 Irom disadvantaged
backgrounds in the arca. Nthich is d¢pendent on securing athlilion41 lundin¥.
2. Aehlev¢m¢nts Ind Performance
l)urin¥ thc year, we made substaniial progrus towards our objcctivcs:
Renied oul S￿rC iyithin Ihc facilit). lo b)enerale incom¢, w'hilh ￿cn cntirely
rcinirested into renlal cosw building d￿rnI10n. and upgrading essential parts of the
Applied for assistance from a bid-wrilin8 com￿nY to help with securing larger
tundinby Op￿)mIni11¢s.
Allenclcd various rneetinBS with Salford CVS lo explore furthcr opwrtunities for
funding.
Submiiied multiple funding applications alm￿ at enablin8 us lo ¢omm¢n¢e ncw
projects.
Much of Ihc planned ￿'Ork On the building has noN' been complcted. w'ith the notsble
LXLepiivn vl. Ihc roof, w'hich remains oUts￿ndIng challen¥e lor w'hich V•'C still
fundraising.
We arc also aivaitiiig fundinbi opproval i() iniliul¢ our frcc LoMchin8 projcct5 large*d al }ouths
from disad￿.&￿18¥cd buck¥round5, which will offeT Oplxlrtunilies for ￿rsonal d¢velvpm¢nl
and ph)'sical filne&s,
3. FiD*nei#l Revlew.
All tunds raised have been speni direcily on Ihe refurbishment and maint¢nance of the
facility. Our rthilal incvmc ha5 bccn lujly allocated to..
R¢ni pa>'menis lor the facilitv spacc.
Decorniion and building upgra(ks.
We coniinuc to pursue further fLmding to con)plele the roof repairs and ￿ suprK)rt our yO￿h
coachin¥ programs.

4. Publ1¢ Benefit
The w'ork carried out b), The FAST G)rm CIO proi'ides clear public bencfils. including
offering l(*al resid¢nls ¢0 a w¢ll-m#iniuincd sVOrt5 laLilil>' and Lfc41ting opwrtunitics
for Irec ph)'sical coaching for disadvantsged vouth in lh¢ wmmunity. B). improi'ing the
facility and enhancing th¢ services we offer. we oim to make a la￿Ing JKJSltive impact on ihe
h¢AIth and wcll-bcing ot" local ro8idenL8.
5. Structure. CoverDxttce, Ind M*n4g¢m¢nl
'Ibere have been no Chan￿5 in the strLKlure. 8oveman¢¢. or managemcnt of the charity
during the ￿p(￿ing tKriod. Th¢ Ch￿IlY continue5 to be overseen b}, Ihe following Irustccs:
Ihrttn Sherlock. Chair
Illeh*nl Ilimlin. SeL'retary
JonA¢han Dyke. Tre￿8￿reT
Additionally, thre¢ wolunl¢er Loachcs have bccn recruit¢d and l)11%4he¢ked Ihrough Salford
CVS. Ihesc Louches w'ill assi8t in the wnr)iiig of classes onc¢ our frcc )'outh coachinb.
projects commence.
6. Rbk M*n*8ement
The trLlStee8 regularl>. review th¢ main risks facoj by the charity, particularly finan¢iAI risks
ass(K,14t￿l V•'ith securing adequale funding. Sieps have ken lak¢n lo miligat¢ thcsc risk5 by
applving for i'arious grnnLq and ¢n¥a8ing prt)f¢s5ional 5UPIKIrt in thc fomi of a bId-￿rIting
seri'ice. l)ur relianc¢ on Tcnlal income also presents a risk. 4nd w¢ wnlinu¢ lo sc¢k divcryc
funding 8tr¢anL8 lo secure Ihe charii) s fulur¢,
7. lor ibe Fulure
L4)okin8 forward. The FAST Gym CIO has several key obje¢liv¢s:
8ecurinu ik nKe55ary funding io complete the roof repairs.
LaunLhing our frce coachin& programs t'or locul youth& whi¢h will bc dcpcndcnt
the oulci)Ine nl"¢urr¢nl luncling MppliLations.
Conlinuin¥ lu s¢ck ¥rants and 5UPPOrt from i'arious sour¢es lo enhance our abilily Io
deliver services lo the ¢ommwiily.
We rcmain committed to our mission of pr()%'iLling aLCCYiiblc phvsical actiiiry, and S￿rtS
oa¥hing ￿ thL￿¢ in nccd. partiiularl), targeting diSadvan￿￿ed youth in th¢ lo¢al a
¢¥lgned ora behalf of the trujtees
Ov (TIL45Jufti)

Section B Statement of assets and liabilities at the end of the period
Unrg•tri<tad
lund*
R¢4lrl¢lwl
lundi
C•ttyorfe*
D•tsl
fiin
81 C••h lund•
Tot•1 c•*h lund
704
lthre•irlct•d
fund•
10 t
R••trlcl•d
Endp¥rtn•nt
DÈtal
82 Oth•r mon•lary 4•••1•
C*tsH•
ID¥A*h
¢o•l
B3 Invwlm•nt *M•l•
Cwmrt ¥th•
4 A•••ts r•l•ln•d lor th•
¢harlty'• o¥m u
to *Neh
85 U•blllll••
by 1*0 biJ*•i f
SvJnutur•
Prrf N•m•
Oste
roval
O Shet
CCXX ISSI
1710m4

CHARIIY COMM15510N
FO* ÉtrI&LAND AND WALES
Th• f#¢ Gym CIO
Itoz
ments accounts
Recei
tsand
CC16a
29 032023
30113Q3
Section A Receipts and payments
Vnre8trl¢lod
lunds
Re&tsi¢(cd
luThd•
E[￿￿*¥111¥1
lund•
L•￿ y•w
AR)
21,000
fl¥•¥
Ir￿￿
4J1
431
V17
i&iJi
1J.131
174
I&New
Tf•wI
242
Sub totsl
22,J41
A4 A*￿ •nd In￿¢m•
Sub tstal
22.141
22,641
N•¢ oer•cdptsl{p•ym•nts)
A5 Tran8fer• b•iw••n fLmdB
A6 C••h lund8 l••t y••r •nd
sh funds thls y•*r •nd
Qfj9
££££
CCYX Rl act￿nIs18s1
17mV2024