CITY OF MANCHESTER GYMNASTICS
REPORT AND FINANCIALsTATEME￿s
FOR THE PERIOD ENDED 31 MARCH 2024

CITY OF MANCHESTER GYMNASTICS
REPORT AND ACCOUNTS
FOR THE PERIOD ENDED 31 MARCH 2024
c¢￿t￿ts
Page
Report of theTrustee$
Indepenent Emamlner's Report
518tement of Flnanclal ActI￿tIeS
8alar￿Sbeet
Notes toThe A<tounts

CITYOF MANCHESTER GYMNASTICS
ANNUAL REPQRT OFTHETRUSTEES
FOR THE PERIOD ENDED 31 MARCH 2024
The comtRittte are pleased to prEsentthplr report tugeiher wllh theflnarrial statements of the Club forthE period t￿ed
31 Marth 2024.
Legal Status and Purpose
City of Manchp5terGymnastts Is a Charitable Intorporated Organi5atlw iaoi and recelved charltable 51atU5 on the 18 vf
SÈptÈmber 2023. The org3nisation's purposesare..
the promotk)n of communlrv Fkqrtlcipation In healthy iecreation for the benefitof those wlihln the greater
Manchester area by the provisvjn of fa¢llltles for participalin8 In the sport of gymnastics at all levels
ObJec￿V
Cliy of Manche5terGymna5tlcs aims to be reco8ni5ed a5the leadinE provider of gymn8Stlcs ID the Manchesleraffta and to
make a p051ti¥e Impact on the local communlty. The Board belleves that lawBhtwell* Sport and physltal edLSCatlon develop
qualltkssuch 355elf-esteem, le3dersMp and teamwork, making sport a force fc*igood. aty of Manr.ha%ter Gymnastic5
I￿kS to prowde opporturyitiesthat enrfth the Ilves of those invo￿ed. h3villga possfive Impacl on mtmbers long afterthelr
tralnlng has come to aTh End, and lo wcoura8e lifelon8 Iwol¥emeni In Ihe sportwhether as partlclpants, coaches. or
offldals.
Governance8nd Management
The charity Is governed by Itscl)n5tit￿t1O￿ and is man&gcd by a 8oaid of Trustee5. all of whom have relevant managErlal,
busintsss and financial experience. The 8oard Is regponslble forthe strateglc directlon of charity and oversees all of tts
flnan¢lal dealings. None of theTru51ees are remunerated In respect of their w51tion a5TrustEE.
Trustee Report
The charllywas fDrMed Én September Z023 with a vlew to c0￿MenC1n8 actlvllles InAprll 2024. A5 5uth, no acti￿tIeS have
yel iaken plate.
Fln¥ftces
The charity recelved doDatlon5 In February2024. These wlll be applied iowardsthe charltle5 objective5 once thecharlty
commences operations.
Future Plèths
The charity almsto tommence its 3crfvitles in April 2024. The Trustees hav￿ been worklnÉ toward settlng up its 8ttlvitles,
the ne￿$sary manaEementSy5tern5, payrDII and employment contractsforstaff.
Reference and admlnl$iratlve Informallon
J. ThoOrt4nlsallonfiwne.
The Legal Name of the Org&nisatlon Is.. CltyoFMarnchester Gymnastl(s
Reg15tered charlty llumber., 1204758

CITYOF MANCHESTER GYMNASTICS
ANNUAL REPORT OFTHE TRUSTEES continued
FOR THE PERIOD ENDED 31 MARCH 2024
The Orsanisation Is a Charitable Inci>rporated OrEani$2tlon iaoi-
ty of Manchester Gyrnll25tlcs
Gèrrait Way
Manchester
MI8 8HE
Webslte..
w.cm
Effloll..
4. Th#EI*ctsdfTllsteesaid.'
T MCGIII
B CllthÈrDÈ
TGRyan
NatlQn31WeslmlnsierB&nkpl
WesierAvenue
Wateislde Court
Chaih8m
BL64RT
Christopher Doan FCCA
AKlom Busl•e55 Consultancy L1mlted
MoThtgoldrum farm
Arbuthnott
Lauren¢eklrk
AB30 ILS
Approved by the trustee5 on 29January 2025 and signed on thdr behalf by..
T MCGIII

CITY OF MANCHESTER GYMNASTICS
ACCOUNTANT'S REPORTON THEA¢CQVNTS
FOR THE PERIOD ENDED31 MARCH2024
I repoFtto the*ru￿ees on my Èxamlnatlon oltheaccouThts of the abov¢¢har(tyl"the TTU5VlfoTthe perlod ended 31 MaKh
2024.
A5the char1ty.struste￿j you are reswnslbletorthepreparatlon ofthe accounts In aCcDrd)n￿wIth the requlTementsofthe
Charlttes Act 20111'thÈAct'l.
l Teportln re4)Èct of my exarnlnation ofthe Trusvs acwunts tarried outund*s¢clkin 14S of the 2011 Act and In ¢arryh)8
out myexamlAai¢tsft, I havo followedall the appllc8bl¢ Dliertlons slven by the Charlty Commlxlon under secElon 14515llbl ol
the Act.
I have completed 4ny exaEn5natlfjn. I conflmihat no material matters have wrne to myattentlDn In GonneGtlon wlththe
Èxamlnatlon whlch 8lves me causeto bellevethaf anymaierlal respect..
the H¢¢oynUng re¢OrdSwe￿ not keptln accordance wlth sectton 130 olthe Charitle$ Art,. ur
the accDunts rld not accord wlth the ac¢ountlpK records,. or
the accounts thd not com￿WIth the applltable rEqulremÈnts¢onternlng the fomi and content Df
actounts setoutln thecharlties ¢A¢¢o￿t51￿￿ RepDTtsI fte8ulatlon5 2008 otherth?n any requlrement
thatthe3c£ounts Elve a'twe and fèlrf vlewwhlch Is ￿01 a matter can￿dered 85 part o*zn
IN1ependent￿mI￿atI0n.
I have no concerh53nd have come across no olher matters in connethort wjth thÈ ex8mln*ionto whlth attentlonshould be
drawn In thts reptsrt In order to enable a proper undersiandlngol ¢he 8c£ountsto bE reached.
Chrlstopher Doan
FCCA
29 January 2025
Montgoldrum Farm
buthnolt
Latsrenceklrk
AB30 ILS

CITY OF MANCHESTER GYMNASTICS
STATENENTOF FINANCIALACTIVITIES
FOR THE PERIOD ENDED 31 MARCH 2024
2024
Unrtsstrfcted
Re5trfcted
fvnds
fvnd5
Total
InEome Yeso¥rce$
Donation5
SO￿05
S0,W5
Totsl
50,005
50,m5
Resources Èxpended
AccDLlntanryfee5
Mls¢ella*egu5
300
221
221
Total
521
521
Net Movement In Funds
49.4B4
49,484

CITY OFMANCHE5TER GYMNASTICS
BALANCE SHEET
ASAT31 MARCH 2Q24
2024
LlnresErf¢ted
fund5
Restrlcted
funds
Totsl
CurrentAsset$
Cash at bank
49,784
49.794
49,784
49.754
abilltles..
Credltors falling due withln one year
13WI
13001
Yotal natassets
49,484
49,484
Funl of the Charlty
un￿51[￿ted fund5
49,4È4
49.484
lotsl lunds
49,484
49,484
The notes on page 6 form part oft*e5e accoursts.
Approved bythe trustees on 29January 2025 and 518ned OTr thelrbehalf by..
T MCGIII

CITYOF MNCHESTERGYMNASTICS
NOTESTOTHEACCOUNTS
FOR THE PERIOD ENDED 31 MAFiCH 2024
1. 8&51s of preparatlon
1.1 Basls of accoulltlr*g
These accounts have bÈen prppÈred under the hISt￿{cal cost ¢Dnventl¢n wlth Item5 recogni5ed at CDStor tr3n5action Y&lue
nless otherwise stated In the relevant notesto ihe5e accounts.
The accfjunts have been prepared In BCCOTdance with..
the statement of Recommer¢ded Ptsctlce=Ac£ountin8and Reporrlng by Ch?rltles PfeparlnE thelratcounts li
accord3nce with the Flnan¢lal ReportSng Standaid applicable In the UK and Republicof Ireland IFRS 1021
Issued on 16July 2014
and wlih the tharltlesAct 2011.
2. Aceountlngpollcles
2.1 Incorne
Rerogrkitlon of Inwrne
These are Included In the5tatementof Flnantlal Activities
the charity becomes eniltled to rhe ¥esources,'
it i5 mole likelythan noithat thetrustees wlll recelve the resour¢t5,' and
the monetary c3n be measured with sufficienl
QffsetilthB
There h35 been no offtettingof assets arnd IIHbilltles, or Income and expense5, unless requlred
orpwmlfttd bythe FRS 102 SORP or FRS 102.
Grants and donatlon$
Grant5 and doTtatlons arp o￿lY InCl￿ded in the5oFAwhen the Eeneral Intome recognition
crtteria are met15.IOto 5.12 FR5102 soiipl.
2.2 Expendlture and Uabllltles
Ilab1￿tYreC0sn[tIoTh
Llabllliks are recog￿lsEd whErp it is more likelythan not that there Is a legal oi construttive
obll82tion committingthe charlly lo payout resources 3nd ihe amount of the obllsallon can
be measured with ioasonable certainty.
3. FÉES for examlnatlon of accounts
Z024
Independent examinels fees
300
4. Credltors and acuuals
2024
Accruals
5. Cash at bank
2024
Cash al bank
49,784