NORWICH GYMNASTICS CLUB Statement of Financial Activities for the year ended 31 December 2024 2024 2023 Income Sale of clothing Hiring of gym Subscriptions, bursaries and donations Sundry gym income including fundraising 3,502 2,801 269.188 15.141 290.632 1.970 4,950 238,272 12.428 257,620 Less cost of sales Purchases and fundraising expenses Closing stock 5,421 2.840 1,212 2,581 288.051 1,212 256,408 Expenses Wages Pension contributions Leader and coaches, fees Coach and competition expenses Postage, stationery. telephone and advertising Rates and water Light and heat Insurance Rent Building Maintenan and repairs Accountancy and professional fees Cleaning and sundry expenses 85.477 1.614 121,170 35.789 1.487 1.133 6.879 4,862 4.800 8,599 1.008 1,381 75,072 1,487 116,756 34,477 916 1,137 9,577 4,649 4,800 3,157 960 952 274,199 13.852 253,940 2,468 Other income Interest received 1.037 14,889 4,929 9,960 780 3,248 6,494 (3.2461 Depreciation Excess income over expenditure for the year
NORWICH GYMNASTICS CLUB Balance Sheet as at 31 December 2024 2024 2023 Accumulated Funds Balan brought forward Surplus (deficit) for the year 144.602 7,120 151,722 147,848 (3,246) 144,602 Represènted by: Tangible fixed assets Gym equipment and computsr equipment: Nel book value brought forward Addilions less disposals in year Depreciation for year 24.315 30,809 (4,929) 19,386 {6,494) 24.315 Current assets Stocks Natwest Business Reserve Accounts Natwest Current Account Santander Business Account Santander Business Savings 2.840 522 8.435 28.412 99,064 139.273 515 13,878 11.502 98.034 123,929 Current liabilitie5 Creditors and a¢cruals 4,097 3.642 135,176 154.562 120,287 144,602 On behalf of the trustees Mr R Halford - Treasurer vJLr
INDEPENDENT EXAMINER'S UNQUALIFIED REPORT Independent Examlner's Report to the Trustees of NORWICH GYMNASTICS CLUB Registered Charity No 288213 We report to the truslees on my examination of the financial statements of Norwich Gymnastics Club {'the charity.) for the year ended 31 December 2024. which comprise the Statement of Financial Activities, the Balance Sheet and related notes. This report is made solely to the charity's twstees. as a body. in accordan with section 145 of the Charities Act 2011. Our work has been undertaken so that we might stale to the charity's trustees those matters we are required lo state to them in this report and for no other purpose. To the fullest extent pemiitted by law. we do not acpt or assume responsibility lo anyone other than the charity and the charity's trustees as a body. for my work. for this report, or for the opinions we have formed. Responsibilities and basis of Yeport As Ihe trustees of the charity, you are responsible for the preparation of Ihe financial statements in accordance with the requirements of the Charities Act 2011 1.the Act'}. We report in respect of our examination of the charity's financial statements carried out under *ction 145 of the Act and in carying out our examination we have followed all the applicable directions given by the Charity Commission under secb'on 145{5)Ibl of the Act. An independent examination does not involve gathering all the evidence Ihat would be required in an audit and consequently does not cover all Ihe matters that an auditor considers in giving their opinion on the financial statements. The planning and conduct of an audit goes beyond the limited assurance that an independent examination can provide. Consequently, we express no opinion as to whether the financial statement5 present a 'lrue and fair view, and my report is limited to those specific matters set out in the independent examinerfs statement. Independent examlners, statement We have completed our examination. We confirrn that no material matters have come to our attention in connectton with the examinabon gNing us cause to believe that in any material respect". accounting records were not kept in respect of the charity as required by section 130 of the Act, or the financial statements do not accord with those records: or the financial statements do not comply with the applicable requirements conceming the form and content of accounts set out in the Charities (Accounls and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair view which is not a matter considered as part of an independent ex8rnination. We have no concerns, and we have come across no other matters in connection with the examina hich attentio drawn in this reF)Ort in order to enable a proper rsta statements to be reached. henson Smart (East Anglia) Ltd Chartered Accountants Queens Head House The Street Norwich NR13 3DY 17 June 2025
NORWICH GYMNASTICS CLUB TRUSTEES ANNUAL REPORT Registered Charity No. 288213 Report for the financial year bennIng I" January 2024 and ending 31° December 2024 Charity's Principal Address: _ 7 Denmead Close, Eat0 Norwic NR4 6NB. CHAIUTY trustees". - l. Richard Halford 2. Teryy Pyle 3. Hayley Bond 4. Sue Brown Aims and Ob"ectives Our aims and objectives remain the same to continue to promote activities and skills within the area of Gymnastics and give speciaI priority to the involvemenL development and guidance Hithtu the local community and schools. It is always our intention to offer enjoyable gymn&stlCS to the wide spectnun of children who attend our club from those who just enjoy one hour a week to work safely on the apparat to learn skills to those who are very ¢ompetitive to 8ive them the opportunity to develop aJ]d impTove and develop their various skills. Plus. introducing General Gymnastics has given our enthwiastic members so much opportimity and variety so tbat they continue to enjoy the sport but also enjoy the more relaxed approach to General Gymnastics in the competition sttucture they are involved with where there are more and more rewards for more separate apparatus Nvbich include the trampette opportunities. We continue to involve 13-year-olds to help develop coaching responsibilitie4 as British GYMnticS have lowered the age, who are interested in shadowlng coaching staff and continue to develop our young teenagers which is the first official step as a coach and then they are in a position to continue that development to higher levels when they are slightly older and interested in developing a possible coaching career. In facL all of our Merni[S of staff have developed through that system and now have their own families and homes whilst continuing to love and be involved with gymnastics. tructure and Policies The club is run by our executive committee who are made up of Cha1rn)a t£ader, Secretary, Treasurer, Fund Raising Representatives and Trustees, plus our Welfare Officer, who has recently completed the up-to-date course and had her own children involved in the sport so understands the needs and the itnportance of the role. Plu4 we do now have vaTiOUS suIFcommittees in place for finance, coaching and fundraising matters. Fund raising activities continue with an in house competition for our beginner and intermediate gymnasts and various gyrn parties etc. Local Norfolk County schools book and attend sessions. within the school period. which the staff njn and liase with the teachers presenL with the finale being a small demonstration from our still enthusiastic staff who are all ex-¢ompetitOT& which always gives the teachers and school children an extra lift before they leave the building. We are continuing the policy of keeping the traintng fees as low as possible but unfortunately, with our sudden exorbitant gas and electricity bills we are very stretched to pay those bills at the moment. The new non-competitive cl&ss for our ex-comiKtition gymnasts who love the sport and just want to enjoy the sport without the pressure of competitions and continues to be very popular. Consequently, we see the older teenagers still working and enjoying their sport of gymnastics.
Plus we continue to support the Work Experience activity in conjunction with the local schools which is as popuIar as ever and another activity that has ken reaIly suc¢essfill in bringing young people into the sport as coaches and giVig theffi a little insight into work ethics. Activitie l. Girls Artistic astics The Girls groups still remain the biggest group of children attending the club from Recreational, Begirmers and Intem]ediates. through to our top COIntitorS. 2. Bo s Artistic nastics At the Tnoment the Erf)ys section still remains quifr small, but we have seen not only success with our top competitive perforniers, but also success and more development WAth our Progressive and Intermediate boys groups. 4. Pre-school Unfortunately, although we hope to re-start our pre-school sessions. the cost of running the facility does not make it feasible to start the session again at the moment. However. it is still our intention to offer the pre-school s¢ssions as soon &8 possible. 5 Coacbin Our enthusiastic coaches continue to attend coaching clinics and higber-level coaching courses to fiuther their knowledge and to help our members to conttnue to develop and enjoy the sport. Some of our young coaches have been able to commence the first main levels of coaching online which h&s been essential to keep the coaches involved with their own personal development and progress. Plus, one member of staff has achieved his Level 4 award and aoother is attending her Level 3 award courses when they are available. Financial Re rt The accounts show an excess of income for the year of £9,960 Compared to a loss of income £3,246 the previous year. During the year the club ran the popular Easter and Summer School training events dwing the school holidays which raised £6,536. Fortunately, our in-house award scheme brougbt in £4.760 and Club competition £2,588. Main areas for essential expendittue were: _ l) Insurance for building & contents 2) New Continental Coaching Block 3) Tran)line Bed Re-stitch 4) Re-Lining of Gutters £4,862.00 £1,710.00 £435.00 £6,500.00 Date