Charity regi4tratiOm Dumber 291673 WEYBOURNE GYMNASTJCS CLUB ANNUAL REPORT AND UNAUDITED FINANCIAL sfATEMKNTS FOR THE YEAR ENDED 31 AUGUST 2023
WEYBOURNE GYMNASTICS CLUB Trustees Mrs Amurrdy Mrs E Fenlon Mrs L Lister Mr S King Charity llumber 291673 Princip¥l address Unit 2 Ad(llcsto KTI 5 3JE Independent examiner Siobhan GkDisl¢r, ACA 5 The Square Ba0t Unit¢d Kingdom GU19 SAX
WEYBOURNE GYMNASTICS CLUB CONTEY4TS Page Statcmfflt of financial &#ivitics Balance sheet Notes to the finan¢tal stat¢m 8-15
TRUSTELS REPORT FOR THE YEAR ENDED 31AUGUST2023 The TnLStees pr¢s¢nt their annual rerx)rt and financial statcmcnts forthc yeaT ended 31 August 2023. Th¢ financial statements hav¢ iKen in accor with the a¢{nI11)s 11¢1¢8 Set out in nots OJ to tb¢ financial statem¢nts Comply with th¢ ChariWs governing d(KutnenL a dced of trusL and constitutC5 an uninci)rrK)rated charity, the Chatitics A¢t 2011 and "Ac¢ovnting atxl RqM)rting by Cbarities: Ststrmenl of Recommended PtICe applieable to ¢harities rJrqMTing thcir arxouttts in accordance with the Financial Rcwtin8 Standard applicablc in the UK and Republic of (FRS 102)- (as amended for accounting ri04L8 commcn¢ing fixjm l January 2019). Objecliv¢s and aetivitie8 The objective of the charity c4)ntinues to k thc of [wticit1on in the sport of &ymnastics. Wc continuc to provid¢ ¢la%s¢s and training sessions for membets to lake Imrt in gymnasti¢ activities and participatc in competitions and eVts to orn0t¢ hcalthy rccrcation through sEK)rt to thc l(Kal community. Our gymnasts participate in COM11108 from reCatIonal l¢vel to Elite 8ymnastiGS during th¢ course of each Public benefit Th¢ Club's m¢mbusbip and a¢tivAties aTf PTimarily for thc pwpk of RuDnynKde and surnyunding Ial arcas. We are open to all re8aYdl¢s$ of age. rac¢, orgcThkr. As our St requires srxcialist facilities and equipm( we do have a high ratio of quglifjed coaches to gymnasts lo ¢nsure that all activities aff caTricd out saf¢ly and a high slandard. All our Lxwh¢s ar¢ fiY qualtfied wlth British Gymn&stiL% 8tryrov qualifi¢a¢ions. Ail ar¢ DBS checked and fujly trained in Safeguarding and FirstAi¢L Duc to this wc do charge fees for the usc of our facilitics and thc coaching received. We nm 2 disability cl&8scs wccl a1 w¢ Oly cO¢SsiOnary cl&sses for M¢ath Sthi>ol (a and language special school) W¢ contitiue to have a ixwsary pffogr in plac¢ to for hardsbip siluioAs whur aLvss to thc club and the SW>rt would not be possibl Aehi¢vements 2nd perfonDanee sig$faN1 tiV1"ti¢l and achIeMents agairtsi objectives The club curr¢nt]y has 336 re<ational LvtnD&sts roll who all attrA)ded lessons for I a week up until AUSst 2023. Our pr¢-s¢hool cl&sscs hav¢ stsycd stabl4 w¢ had 40 mrJnivs who atted for a 45min Cla pcr wcck again up until Au8USt 2023. We currently have ¥2 tntumedia aThJ advanced gymnasts ]nIng fr(rtn 2 hours to 7 hours p¢r week. The Elits gymnasts h&5 incrta8cd to 31 training from 10- 20 hours wc<k and Comting in Regional and National ¢ompctitioD The club continuc5 to maintain ncaAy full Cl& acro all disciplinc Wc have purclwed new ¢quipm¢nl - N¢w rna larg¢ blcth th¢ tymblc tra¢k h&8 TrKcn rcpaÈrcd. Wc Chang all the lighting in th¢ gym to LED lights thus savin8 on p)wer.
WEYBOIJRNE GYMNASTICS CLUB TRiisfEES REPORT {CONTnWED) FOR THE YE4RENDED 31AUGUST2Q23 We also purch&sed a vehicle this ycar which 1$ to trJnswrt gymnasts and Stuff to mli110n5. One of our eoachcs has bcgun an apprcnti5biP with British gYmna¢S Bridgwatsr College. This will be completrd in Mar¢h 2024. (hw Eyum&%ts Continu to compete this yw with comiKtitions ]ng hcld for all l¢v¢]s. The rccTeatiODal gymnasts have taken part in 3 ComtitiOnS the inrladvaDced An 3 competitioThs al thc Etit¢ girls have comkKled at gradcs and cIle CA)mpelltio. The Christmas Show for the Advanced aty] Elitc gymn&ts was very swLe&sfi]l this year and w&$ very w¢ll att¢ndL Fi08tsci#l revie During th¢ period th¢ Charity had income resouw of £381950 and a totsl cxp¢nditu of £372.849 resulting in net surplus of £9,101. Rservespolicy R¢seAves are nccdcd to bridge the gap between thc SiD8 and rff¢ivin8 of inwme ard to cover unplanncd emergcncy w¢nditwe. The InJstCU L¥)Dsid¢r £40.(KM) is Ideal level of reservcs, and FKing suffici¢nt ut1restric1 reserves to fund a minimum of tw¢]ve months. The tntss constd¢r that thquatc rcsourr¢s continue to bc available to fillmj the a1vIti£S of th¢ Chatity for the for¢<8b1¢ futu. The tru51ccs are of the view that thc clwity is a going CA)an. Major nsk The Trust¢¢s hav¢ ass5 thc major risks lo whith the Clwity is and are satisfied that systems are in pla to mitiwe extK)surc to thc majorrlsks. Structur4 goverD2n¢e and mnagemettt The Charity is controllcd by its govcrning a deed ol W atsl Lxptt8tittrtes an unincowated charity. The TnLgtees who served durAn8the year al up to thc datc of sigiiatsirc of thc funCIal s¢at¢mrnts w¢r¢: Mrs A MuTrny Mrs L BSal Mrs E Fcnton Mrs N Gasson Mrs L Lister Mr S King (Rtsiwd 31 Mor¢h 2024}
WEYBOURNE GYMNASTICS CLUB TRUELs REPORT {COI¥TINUED) FOR THE YEAR ENDED 31 AUGUST2023 ReGn4ilrnent (md appoinlmenl oftrwte The charity's principal dccision.making iy th¢ Board of Tnrn who are ¢lt fn)m its membership. Thc Board m¢¢ts three-monthly. Thc charity r¢Ilts its trusteas from its memkr <wniorts through a process of electioti. Tn1¢¢3 will bc apInted for a of three year5 and may setve a second terni of three years if re-elected by thc membership. An ele£loJ trustee will tr¢ at the close of thc AGM at the aKI of the1&8t ycar of thc trust¢c's tcrni of offic¢. None of the TnLStcL8 has any E¢nefi¢ial inlcrcst in company. All of the TnS a members of the compavjy and guardnttt to contrlbute £1 in th¢ cvcnt of a winding up. StatemeDt of Trust$ reSpO]b]litieS The Tn are resrK)nsiblc for prcpating thc Truskcs Rqrt and thc financTal statements in accordance with applicable law and Untted Kingdom AltIllg Stand& (United Kingdom GmIlY Accepted Accounting Practicc). Il)e ]8w applicable to charitics in Ell and Woles requires the Trustees to prepaTe financial statements for each financial year wlJi¢h 8iv¢ a true and fair view of the stat¢ of affairs of the Ch8rity 8NI of the incomin8 resources and application of resources of th¢ CbaTity for that yw. In prepIng thcK fiDawial *atern the T[steeS are r¢quired to: - s¢lect suitablc accounting p)li¢ies and then apply them cOlSIentlY - observe th¢ methods and principles tn th¢ Charities SORP; . make judrnts and ¢s¢imth that we reasothle and pnthjl . state VAth£r applicabl¢ aLYA)untin8 sthndariLs hav¢ follo subicd lo any tllatcrial dep disclosgd and explained in the fmancia] slatemrnts" and - prtpare thc fitwiciai 5tatcmcDts on the going corwo b&sis unless it is inappriate to prcsumc that th chaT&ty will continue in oEKration. The TnL8tets arc 5)nsibl¢ for kpIng sufficiMt )untillB rcc<)rth dI105C with rc&4)nable UracY at any time th¢ financial wsition of the Chlty and thcm to ¢nsU that thc filn¢la1 stalem¢nts comply with the Charities Aci 2011, the Charity {ALxowIts alld Rep)) Regulatio5 2(K)8 and the provisions of thc Ift1 d¢c(L Thcy arc also rcsrK)nsible for saf¢8uarding the assets of the Charity and hence for tsking re&8onabl¢ sleps forth¢ prevention and detection of fraud and othu irrcgulaTitics.
WEYBOURNK GY11AsricS CLUB TRUSTF.FA REpoirr (CONTINUED) FOR THE YEAR ENDED 31 AUGUST2023 The Truslec5 rerK)rt W&8 approved ty the B(wd of Trustces. Trusttt
WEYBOURIYE GYMNkSTICS CLUB INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OFWEYBOiIRNE GYmNAlCs CLUB I r¢p)rt to the Tnte on my examination of thc financial statcm¢nts of Wcyknllrne Gymnastic5 Club (the Charity) for thc yw ¢ndcd 31 Au8USt 2023, whith ar¢ xt out on Pa 05 kn 14. Responsibilities and of report As th¢ TnLStees of th¢ Charity YQU aT¢ rryx)nsibl¢ for the preplon of the fUn¢181 stalements in aco)rdance with the reqUtremc$ of the Clwitics Act 2011 (the 2011 Ac1). I reiKIrt in respect of my examinatiOD of thc Clwity's fit)an¢io1 st•t¢m¢nts wi¢d out uTrJu wtion 145 of th¢ 2011 Act. In carrying out my exami00 I have followal all the alicable DirectioNs given by thc Charity Conm]ission under tion 145(5Xb) of the 2011 ACL IndepelldeDt eJaminer's slatemeDt Sincc thc Charlty's gross incom¢ cxceeded £250.IKKI your examiner Mst be a memkn of a Edy listcd in se4tion 145 of the 2011 ACL I ¢onfirn) thai l am qualified to wideTtske the examinatton because l am a member of ICAEW, whith is one of the listed Exxli¢ I bav¢ completed my ¢xaminthotL I confirni that no matter5 have ¢om¢ tsTr my attwtion in rJ)nn¢¢tion with th¢ ¢xamination giving me ¢aus¢ klieve that in any MatrrI resttct: acc}ng recotds wcrc not kcpt in resF*¢t of the Charity &% wuirnl by section 130 of the 2011 Act" or the fmanciai statements do not accord WRth thosc rccor&8" or the fmancial ststuncnts do not wmply with th¢ alIcabl¢ rquircments eonccrning the form and content of accounts set out in the Clwities {Acwunts aDd Rqx)rts) Rc8ulatioL$ 2( other than any trquir¢ment that thc accounts gtve a In and lair vicw which is not a maticr coLsid¢Ted as part of an 1nd¢pKtKlI cxamination. T have no concerns and have c4)me across no othcr rnatlu5 in CODncctioD with the cxamination to which attention shwid be drawn in this reFK>rt in ordcr to enable a wopu UDd¢rs¢athg of th¢ finawiai statements to IK reachcd. Siobham Gleni5ter. ACA 5 The Square Bagshot Surrey GU19 SAX United Kingdom OW0512024
WEYBOURNE GYMNASTICS CLUB STATEMENT OV FINANCIALACTIVITIES YCLiTDING INCOME AND EXPENDfnJRE ACCOUNT FOR THE YE4R ENDED 31AUGUST2023 Umr¢strictedUnrtBtricted funds funds 2023 2022 Not¢$ dowmen Volunlory income Activiti¢s for gcocrating fiJ]Mts Other inrn¢ 297.876 71,9)7 12,167 269,432 68,909 3,774 Totsl lttcome 381,950 342,115 liaising fithds 64275 63,422 Charitsbl¢ a¢tivities 308.574 280,904 Totsl eipeDditsr¢ 372,849 344,326 N¢t incomel{expeodit•r¢) for the yearl Net movem¢n¢ ID f¥Dds 9,101 (2,211) Fund balancts at I Sept¢mb¢r 2022 159,315 161,526 Fund IMl*nea It 31 Allgust 2023 168,416 159,315 The st8twn¢nt of financial tIvItieS includ&4 4118ains and losses recwised in the year. All incom¢ and ex0dIlUr¢ deriv¢ from continuin8 a¢liviti¢s.
WEYBOURNE GYMNASTICS CLUB BALANCE SHEET ASAf31 AUGUST2023 211ts 2022 Fixed ets Tangible &8sets 12 10,195 620 CwrTEDt *58ets Stocks C&sh at bank and in hattd 13 1,405 164,081 1,410 l64,942 165.486 166,352 Creditors: 8mou•t• fallithg dJe within oDe year 14 (7265) {7,657) Nct curMI a 158221 158,695 Totsl gjsets lem eurrtmt ligbiliti¢J 168.416 159,315 In>m¢ funds Destgnaled funiL8 Generai unrestricted funds 15 168,3 159,315 26 168.416 159,315 168,416 159,315 The fuwKial statonents w¢ approved by the TnL¥tets on......................... Mrs F. Fenlon Trustet
WEYBOURNE GYMNASTICS CLUB NOTES TO ThE FINAI¥CIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST2021 Aeeounting wblici Chxrity imformatioR WeybouTnc Gymn&sti¢s Club is a Charity CA)ntrolled by its governin8 d(Denl a deed of tn¢ snd constitutes an inCorporate41 ohaTity.. 1.1 AccowDtiDg nventiOn Thc financial stalemcnts have been prepHrnl in accor with the Charity's [8(w¢rning do¢wn¢ntl. the Charities Act 2011 and "Aw)untin8 and Rerrt)rtinB by Chariti¢s: Stskment of Rc¢(Immcndcd Practice applicable to charities PTcparing th¢ir COUnts in accordancc with Financial Rcporting Stsndard applicable in thc UK and Republi¢ of Ireland (FRS 102)" {&$ amen&d for accounung p¢riod5 ommencin8 from l January 2019). The Chariiy is a Public BcKfit Entity as d¢fud by FRS 102. The Charity h&$ thkcn advanta8¢ ol the provisio in the SORP for charities 4)plyin8 FRS 102 Update Bull¥lin I no( ts) preparc a Ststcmeni of C&sh Flo The financial stat¢mcnts have thpart from the Charitics (Ac¢ounts and RewrLs) R¢Bulalions 2008 only kn the ¢xlenl rquired to provide a Iruc and fair vicw. This depBrth has involved following th¢ Stsierncnt of R¢wrnmend Practic¢ (or Charilies applyittg FRS 102 rather than thc version of the St&t¢mcnt of Re¢ommcndcd Ptice whtch is rcfcrl to in th¢ R¢gul&ions but which has since been withdrawn. The finanoial statcments Are pre in stcrtin& which 1$ th¢ funthion41 QU¢Y of the Charity. Monetary amounts in th¢s¢ financial SlatemLts are 1x)und (o th¢ n¢951 £ The fanCIal statements have rKcpared und# thc historicd eosi ¢onv¢ntion, The InCipAl accountin8 poli¢i¢s adopted ar¢ set out below. la Goin% coD¢er At the lime of aptxoving the fin&nciai staterne th¢ TnL*es have a reasonable exlation that the Charity adYal¢ r¢sourtts to continuc in 0110nal exislence for the foreseeable fvture. Thus th¢ Truste¢s continue adopl th¢ goin8 conwn basis of )llIn8 in PTeparin8 the fwAan¢ial s¢at¢ments. IJ Cbari¢Able fuods Unr¢striotrd funds ar¢ available for at the dIsellon of the Tnte¢S ift fiuthemce of their chaTitsbl¢ obj¢¢lives. 1.4 In¢0e Inrn¢ is ff¢ognis¢d wh¢n the ChaTity 15 Icgally cntitlcd to li allET any OnanCe conditioL% have bwi mrt, thc amounts can bc ttwurcd reliably, and it 18 pnthable that incA)mc will k ff£<ivcd. Cash donations arc rcco8tiised on ThIpL (Xh¢r donalions ar¢ rccogniscd oncc thc Charity has bcen notsfi¢d of the (lOnlon. un]e5S IrfornIae conditions require deferr81 of the amoutJL Income t& recoverable in Telation to th)nations reccived undcr Gift Aid or deeds of cov¢nant is tEcoBnised at the time of th¢ donatio
WEYBOtJRNE GYMNAsfics CLUB NOTFS TO THE FINANCIAL sfATEMENTS (coffflNUED) FOR THE YE4R ENDED 31AUGUST2023 Accounting policie8 <Colltinued) L£8acie5 a r¢w8nistil on rceeipt or othmvise if the h&8 beth JM)tified of an imwiding distributiofy the amount is know[4 and receipÉ is ex If the amount is not know thc l¢gacy is treated &s a contin8cnt &wL 1.5 EJpendi¢ure Ex}lIur¢ is ¢0{S¢d on an a¢1$ b&%is when incurred. It is rwrtoj in thc Sta*mcni of Finarteial A¢tiviti¢s as follows: Direcl Ch8ritabl¢ EXditu - these arc costs incurrcd by th¢ ¢hwity in the d¢livery of its activities and Services for its beneficiari&8. Suppurt costs include othcr runninB costs and governan co$ llw wc incurred by thc charity and ar¢ n¢Sary to aid and sUprt the nU)n1 of the charity and aTC in¢lwl¢d within exId11C oo charitable aciivitics. AII costs ar¢ allocatcd to charitable adivities of the SOFA on a bwis designed reflect the use of the resourc¢. Support Costs rel8tin81o a particular fimd are allocated dir¢dy, others arc aprtIoned on an wropriatc basis whcn Jpplithle. The charity h&$ idcntificd one dircct chaTYtablc activity. 1.6 TADRible filed •$%ets Tangiblc fixed llsscts uc initialfy mcasur¢d at eA)sl and subs¢quenily mwured at cost or vutio n¢¢ of dep1#tion ond any impairn)cnt10&8e5. Deprcci81icAJ i$ JfCO8nised so as to WTit¢ off the ¢osl or valuation of &ts less their rtsidual value8 ov¢r th¢ir us¢fid liv on the lollowing b&ses'. Plant and equipment Fixtures and fittin85 25Yo on cost 25 /0 on cost 'rhc gain or lo&$ arising i)n th¢ di$SaI of an is detcrniincd &s th¢ dIff¢rCe b¢ttve¢n the sal¢ pmce¢&s and th¢ carryin8 valuc of the and is re$1 in the statement of financial activiti¢s. 1.7 ImpxinDetst of fiied a99ets At each rcwirfing cnd datc, thc Charity r¢vi¢ws the wing amounts of its tsngible &ssets to deterniine whether there is any indie4tion that those assets have suffered an impaim)ent loss. If any Such indi&%tion ¢xist& th¢ recoverable amounl of the $¢t is estimated In orthr to detcrne the extent of th¢ In4]ll<t loss (if any).
WEYBOURNE GYMNASTICS CLUB NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEARENDED 31 AUGusf2023 A¢¢oyntig w)li¢ieJ <ColltiDued) 1.8 Stoekj Stocks are stated at the lower of cost and estimated s¢lling price less $ts trj complele and sell. Co8c mpri%s direct MaTi$ aThl where applicabl4 dircct laknur costs aThl those ovcrhcads that havc been in¢urrcd in bringing the stocks to their prescDt locion artd condition. ltrms h¢ld for distrib10 al no or nominal ¢onsideration are mcasurcd the lower of rq)lacemcntcost and cosL N¢t re41isablc value i5 thc cstinutrjl selling 1¢< Iw all tstimaka4 CA)sts of ¢ompktion and ¢osts to be incurred in marketin& selling and distribution. 1.9 C•sh Ind cAJh equivalents Cash und c&8h quivalents inelude cash in dqxi$its kld c411 with bank4 other short-t¢nn liquid invcstmcnts with OriBinal matiwiti¢s of three montlks or ity% and bank ov¢rdrafts. Baljk ovcrthafts arc shown within iK)rrow1ti in iiabiliti Bwlcfmanciolagsets Basic financial &ssets, which include dcbts)rs and wh and bank balances, are initially mtsqsurcd at tr8nsa¢tion pricL' including transaction costs and are subscqucnt]y carricd at arnorfiscd wst U5in8 thc ¢ff¢ctivc int¢r&81 mcthod unless th¢ arrangement coTh$tstCS a fm8ncin8 transaclion. wh¢r¢ the tran%u¢tion is mured at thc prescn¢ valuc of th¢ futur¢ rtt¢iOs discA)untrd at a market Tat¢ of inl¢rcsL FinanGial classified rttLYvable within on¢ ycar arc not amortisd. Basicfinancial liabdilies B&si¢ financial liabiliti, including cTeditOT5 and bank loans are initially regniSed at transaction price unlc$s the agern¢nt con8titut¢s a fmancing ITan80 Wh thc d¢bi 11nn¢nI is m¢asur at the p$¢nt value of the futur¢ payments discounted a¢ a markd ratc of int¢r¢sL Financial liabilities classified w p&y8lA¢ within yw Mre not anh)rtiseÉt Debt instruments are subsequently caffirAI at amorfised wsi usinB th¢ ¢ffe¢tive int¢restrate method. Trade creditors are obligali0rn8 to pay for 80(Ml% or seNicts that have been aCqUiTed in the ordinary course of opcrntiorns from Supplic AmounLs p8yabk ar¢ ¢1&$sifi &s cunrni liabilitic$ if payment is due within onc year or I$. If they are pres¢nicd as nOnurrent liabilities. Tre erediknrs are r¢wgnis¢d InitilY ai tr4ma¢lion price and subsequently measured at amortIs cosl using the ¢ff¢ctive intcrcst mcth(¥L D¢recoRnilion offinanoal li4&"lilies Financial liabilities arc der¢COls¢d when th¢ Charity's trtUal Oblitio[L8 cxpire or are diSchs¢a or ¢an¢¢lled. 1.10 Employee ben¢fits Thc cost of any unused holiday cntitlement is Irc0JScd in th¢ peri in which the employee's services ar¢ rff¢iv¢Lt T¢tinination b¢ner are recogniseAJ immediately as att ex%¢ when the Ch8rity is demonstrably committed kn t¢rminat¢ the anploymfflt of an employ<x or lo provith tcrniination bthcfi 10-
WEYBOURNE GYMNKSTICS CLUB NOTES TO THÈ FINANCIAL STATEMENTS (CO]¥TINUED) FOR THE YE4R ENDED 31AUGusf2023 Ae¢ountiRg poli¢ies (Cotstinued) 1.11 Retirement benefits Paymcnts to dcfjned cA)ntribution retire1 burfjt schemes are ¢barB as ats expaw as they fail due. Critical aecoun11 estimat&8 Dd jdg¢ments In th¢ app]i¢ation of th¢ Charity's aLYA)UlltinB P)liciffj the Tn$ ar¢ rThwiffd to make judg¢ment4 estimat&% and a&sUrnptio atrM)ut the carrying of a&%ets and liabilities that are not rcadily 8pp&rent from other s(MJrces. Thc estimatC5 &w)ciatrd UMptIonS aTC b&sed on historical cxp¢ricncc and other factors that aff considtred to tdcvanL Actual sUlts may diff¢r from these C5timatrs. The estimates and underfyittg &sswnptioos are l¢W<d on an ongoing b&%is. Rcvisions to accounting ¢siimalcs are recognised in the peri(Ml in which the tImate is rrviscd whry¢ th¢ r¢vision affects only that pCri0 or in the peri olthc rcvision and futwe p¢ri(ds wheff the revision affects Ix)th Cu1 and Voluntary income funds f¥nds 2023 2022 Dotjations and gifis Other GOVL grdllts Subscriptions Othcr 1.927 2,272 262.478 2,755 294.888 1988 297,876 269,432 Activities for gelleratillg f*Dds 2023 2022 Childffn Parties Softplay Holiday Eym Sa]¢ of ¢lothing 38,460 15.828 11,095 6.524 36,760 14.610 11,062 6,477 71,907 68,909 11
WEYBOURNE GYMNASTICS CLUB NOTES TO THE FINANCIAL sfATEMEMfs (coNtlNUED) FOR THE YE4R ENDED 3JAUGUST2023 Other income UMro¥tricted UDres¢ricted funds funds 2023 2022 Other inc4)me 12,167 3.774 Expenditure r•iqimg hnds Unrr¥trieted UDr¢sÉrict¢d funds funds 21123 2022 Fundr¥isikng tr4diDg% cost of gwd5 xlld and other costs Op¢ning sto¢k Pur¢has¢s of Clothing & Badges Gym Hir Closing StA)ck 1,410 6.310 57,9&) (1,405) 1,610 5.262 57,960 (1,410) 64,275 63,422 ChJ)ritsble a¢tsvities Charitgble Charitable Expenditur Expenditur 2023 2022 Stsff costs D¢pr¢ciation attd impairn]ent 229.724 3,467 210.787 206 233.191 210,993 ShaY¢ of Sup1 cosLs (scc note 8) Share of gov¢rnance costs {see nirte 8) 72.635 2,748 67.033 2.878 308,574 280,904 12-
NOTES TO THE FINANCJAL STATEMENTS {CONTINiIED) FOR THE YEAR ENDED 31 AUGUST2023 Supwjrt ca4ts SMpportGoverD*nee ¢fysts 2023 2022 Rates and waler BG lThsuraTKe LAEhi and heat T¢l¢phon¢ Postagc and s10 Sundri¢s Computer and websits costs Bank charges Equipment Repairs and ren¢wals 2,829 17,172 11,172 904 633 477 1,042 273 18.701 13.830 22.1(K) 22,564 631 21564 631 373 373 253 16,466 6.995 253 16.466 6.995 Aw)untancy Legal and professional fees 1.308 1,308 1,680 1,198 72,635 2.748 75,383 69.911 AnY$ed between Charitsble activities 71635 2,748 75,383 69.911 Governafice Lyysts includes payments to the inderthknt examiners of £1,440 (2022-£1,198) for Trusleeg None of the Tn1¢¢$ (or any pcrsons nneCted with th¢m) r¢1Ved any Temunerntion or benefits from the Cl)arity durAng the y¢or. 10 Employe¢s The avcrdge monthly of vnploye&s duritig the yearwas". 2023 mber 2022 Nomber li 14 13-
F40TES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE FE4R ENDED 31 AUGUST2023 10 Employees (Continued) Employment c 21n3 2022 Wagas and salaries sla1 security ¢osts Othcr FKnsion 210,338 11.597 7,789 193.943 11,320 5,524 229,724 210,787 11 TaJatioD The cbarity is exempt from tax on incom¢ and gains falling within section 505 of thc T&xes Act 1988 or sectioEt 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its Chitable objec1& 12 T&ngibk fixed assets •qulpThrt Cosl At I September 2022 Additions 826 826 13,042 12.195 At 31 August 2023 12.195 1.673 13.868 Depreciation alld impairnieDt At I Sep*miv 2022 DepTeciatiOD ched in the year 206 418 206 3.467 3.049 At 31 AUgl 2023 3.049 624 3,673 C4rryiug Amount At 31 August 2023 9.146 1.049 10,195 At 31 AUg$t 21r22 620 620 14-
WEYBOURiYE GYMNASTICS CLUB NOTES TO THE FINANCIAL ATEmENTs (CONTINUED) FOR THE YE4RENDED 31 AUGUST2023 13 Stockj 21123 2022 Finished gd$ and lor resale 1.405 1,410 14 Creditors: amounts fglliDg du¢ withill OM¢ yur 2023 2022 Other taxalion and social security Other creditors Accruals and Ikfcrffed incon 4,338 1,427 1,500 5,ICrf) 1,117 1,440 7.265 7,657 15 Designated funds Movement ID fMndJ ft00•• 8al•n•• 4t 2022 2023 G¢n¢ral fimds 159J15 381,949 (372.874) 168.390 159,315 381,949 (372,874) 168,39) 10 RelA¢ed party n8CtiOuS There were no disclosable relaled pty transli0Th$ durAn8 the year (21f22- non¢). 15-