The FAST Gym CIO- Registered Charity Number 1202542 Trustees, Annual Report Reporting period: 1/12/23 - 30/11/24 l. Objectives and Activities The primary objective of The FAST Gym CIO is to complete refurbishments to the facility including ongoing roof repairs, heating in the main gym, upgrades to LED lighting from inefficient old warehouse halogen lighting and new changing rooms with shower areas to improve standards for the local community who are using the gym. During the reporting period, we aimed to raise sufficient funds to achieve these improvements and successfully carried out installation of heating and key refurbishment activities. We were also able to purchase additional gym equipment to improve the gym facilities available. We have continued to apply for funding to again provide free coaching sessions for youths from disadvantaged backgrounds in the area. 2. Achievements and Performance During the year, we made substantial progress towards our objectives: Rented out space within the facility to generate income, which has been entirely reinvested into rental costs, building decoration, and upgrading essential parts of the facility. Began free training project for disadvantaged youths in the area conducting weekly classes with volunteer coaches. Continued grant applications through bid-writing company to help with securing larger funding opportunities. Attended meetings with Salford CVS to explore further opportunities for funding. Submitted funding applications aimed at enabling us to commence new projects. Began working providing training sessions for Beyond Empower for disabled adults and youths. The main gym area is now completed with ongoing upgrades to equipment and facilities. We are able to provide free coaching projects targeted at youths from disadvantaged backgrounds, which will offer opportunities for personal development and physical fitness but are looking for funding to help develop this and put on additional classes. 3. Financial Review All funds raised have been spent directly on the refurbishment and maintenance of the facility. Our rental income has been fully allocated to: Rent payments and running costs for the facility space including development. Equipment purchases.
We continue to pursue further funding to complete the roof repairs and to support our youth coaching programs. 4. Public Benefit The work carried out by The FAST Gym CIO provides clear public benefits, including offering local residents access to a well-maintained sports facility and creating opportunities for free physical coaching for disadvantaged youth in the community. By improving the facility and enhancing the services we offer, we aim to make a lasting positive impact on the health and well-being of local residents. 5. Structure, Governance, and Management There have been no changes in the structure, governance, or management of the charity during the reporting period. The charity continues to be overseen by the following trustees: Darren Sherlock, Chair Richard Himlin, Secretary Jonathan Dyke, Treasurer We have added two more volunteer coaches to our team whom have both been DBS checked through Salford CVS this year. 6. Risk Management The trustees regularly review the main risks faced by the charity. particularly financial risks associated with securing adequate funding. Steps have been taken to mitigate these risks by applying for various grants and again engaging professional support in the forni of a bid- writing service. Our reliance on rental income also presents a risk, and we continue to seek diverse funding streams to secure the charity's future. 7. Plans for the Future Looking forward, The FAST Gym CIO has several key objectives: Securing the necessary funding to keep the facility running and upgrading it. Developing our free coaching programs for local youths, which will be dependent on the outcome of current funding applications. Continuing to seek grants and support from various sources to enhance our ability to deliver services to the community. We remain committed to our mission of providing accessible physical activity and sports coaching to those in need, particularly targeting disadvantaged youth in the local area. Signed on behalf of the trustees, £&a Q KJ £trLcknLJt l£s (JqkL
CHARITY COMMISSION FOR ENGLAND ANO WALES Receipts and pa ments accounts CC16a For the period from 01.12.23 To 30.11.24 Section A Receipts and payments: Unrestricted fLiiids Restricted funds Endowment funds to the nearest £ Total funds Last year to the nearest lo tlie nearesl £ to the nearest £ lo the nearest £ A1 Recei Salford MMA Filming ts 50,000 720 50,000 720 tota ross Income or AR) 50,720 50,720 A2 Asset and Investment sales, see table tota Total receipts 50,720 50,720 A3Pa ments Repairs & Renewals Professional Fees Insufance Rent Rates & Wayer Lighl & Heal Travel Sundry 2.178 240 1,207 31,739 1,498 500 1,255 1,755 2,178 240 1,207 31,739 1,498 500 1,255 1,755 Sub total 40,372 40,372 A4 Asset and investment ment 3,129 3,129 Sub total 3.129 3.129 Total payments 43,501 43,501 Net of recelpts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end 7,219 7,219 784 784 8,003 8,003 CCXX R1 accounts (SS) 2510912025
Section B Statement of assets and liabilities at the end of the period Unrestricted funds to nearest £ Restricted Endowment funds to nearest £ I i-Jt'iQ:..> l.j(=! (t4 i l. 10 nearesl £ B1 Cash funds Sanlander Bank 8,003 Total cash funds 8,003 {8greÈ balancAs with receipls and payments account(s)) Unrestricted funds to nearest £ Restricted funds to nearest £ Endowment funds to nearest £ Dptail B2 Other monetary assets Fund to which asset belon Cost (optional) Current value tional Details Fund to whlch assel belon Dotatls Cost (optlonal) Current value tional B4 Assets retained for the charity's own use Fund to which Ilabllit relates 360 Amount due lional When due Ilonal Detai18 Accounlancy 85 Liabilities Signed by one or two trustees on behalf of all the tiustees alure Print Name Date of roval D Sherlock J Dyke zi CCXX R2 accounts (SS) 2510912025
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Section A Independent Examlner's R•port R•port lo th• tru81••51 m•mb•rn of On •¢¢ounts for th• y•ar •nd•d 30.11.24 Charity no (If any) S•t out on p•9•5 fcc16A I rep io the tru8t••J M my examlnatitjn of the aCCnIs of the above charty (Ihe Trustl for ts year ended 30,11.24 RMpon•lbllltl•• and A8 th• cbartty truth8 of Tnml. you wo re8pc)slbl• for Ihe prepwatlon •1• ol roport ol the accounts in accordance alh the requir)entS ol th• chrt$ Acl 2011 <itkg Actl. I r•p)rt in iespecl ol my examinallon d the Tru8t'• accounts carld ¢)IA und•r section 145 of the 2011 Acl and m carrying out my exarnin81n. I have lollowed the applicable Dlrecbons by the Charty Ccrfnmls8lon urKler 8ecXJon 14451(b) of Act. I have c(Ynpleted my examinati. I confimi th•t materlal matter8 hav• come lo my attention lothef than that d1108•d loW ') In conTr8Ction 4wlh I examinall¢M vAMch givM me cau•e bdve that in, any materl respect. acc<x#)ting r•cord8 •re not kw in acccxdanc• wth 130 of the Ad or Ind•p•nd•nt •xamln•rf• tst•m•nt I hav• no nc•m1 and hav• c4Jrne acro88 no rknr mattw8 in cmnxbon 'th the examinab'on to whKh attention Sh(k1 be drawn in ordef to enable proper understandirvJ of the accounts to be reached. ' lJlease delelg Ihe *tYds m the brackots rfthey do noi appty. Slgned: Dat•: 25.10.25 P H¢yw•ll R•levant Prof•10n41 qualific•tlorfs) or body (11 any): ACCA Addr•u: 9 W(Jrsl8y Rd Swnt MarKhesier IER October 2018
Section B Disclosiire Only complete rf the examiner needs to hyhiFhi matters of concem (see CC32. Independent •xaninatson ol Gharity accounts: d¥eth'(#is and guthnce tor examiners). Glv• h•r• brl•f d•t•lh of any It•ms that th• •xamlnw to di•clo••. IER October 2018