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
Ba￿0t
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 P￿tICe 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 [wtici￿t1on 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 eV￿ts to ￿orn0t¢ hcalthy rccrcation through sEK)rt to thc l(Kal community. Our
gymnasts participate in COM￿1110￿8 from re￿CatIonal 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 I￿al 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¢ fi￿Y 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 a￿1 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 silu*ioAs whur aLvss to thc club
and the SW>rt would not be possibl
Aehi¢vements 2nd perfonDanee
sig￿$f￿aN1 ￿tiV1"ti¢l and achIe￿Ments 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
AUS￿st 2023.
Our pr¢-s¢hool cl&sscs hav¢ stsycd stabl4 w¢ had 40 mrJnivs who atte￿d 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 Com￿ting 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 ￿m￿li110n5.
One of our eoachcs has bcgun an apprcnti￿5biP 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 Com￿titiOnS the in*rladvaDced An 3 competitioThs al￿ thc Etit¢
girls have comkKled at gradcs and cI￿le 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¢nd￿L
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.
R*servespolicy
R¢seAves are nccdcd to bridge the gap between thc S￿￿iD8 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 a￿1vIti£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¢ ass￿5￿ 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 m*nagemettt
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 fu￿nCIal s¢at¢mrnts w¢r¢:
Mrs A MuTrny
Mrs L B￿Sa￿l
Mrs E Fcnton
Mrs N Gasson
Mrs L Lister
Mr S King
(Rtsiw*d 31 Mor¢h 2024}

WEYBOURNE GYMNASTICS CLUB
TRU￿ELs 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 ¢l￿t￿ fn)m its membership.
Thc Board m¢¢ts three-monthly.
Thc charity r¢￿Ilts its trusteas from its memkr <wni￿orts through a process of electioti. Tn￿1¢¢3 will bc
ap￿Inted 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 Tn￿S 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 Rq￿rt and thc financTal statements in accordance with
applicable law and Untted Kingdom A￿l￿tIllg Stand￿& (United Kingdom G￿mIlY 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 prep￿Ing thcK fiDawial *atern￿ the T[￿steeS are r¢quired to:
- s¢lect suitablc accounting p)li¢ies and then apply them cO￿lSIentlY
- observe th¢ methods and principles tn th¢ Charities SORP;
. make jud￿rn￿ts and ¢s¢imth that we reasothle and pnthjl
. state VA￿th£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 inapp￿riate to prcsumc that th
chaT&ty will continue in oEKration.
The TnL8tets arc ￿5￿)nsibl¢ for k￿pIng sufficiMt ￿￿)untillB rcc<)rth dI￿105C with rc&4)nable ￿UracY
at any time th¢ financial wsition of the Ch￿lty and thcm to ¢nsU￿ that thc fil￿n¢la1 stalem¢nts
comply with the Charities Aci 2011, the Charity {ALxowIts alld Rep)￿) Regulatio￿5 2(K)8 and the provisions
of thc Ift￿1 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 GY11￿AsricS 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 GYmNA￿lCs CLUB
I r¢p)rt to the Tn￿te￿ 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 prep￿lon of the fU￿n¢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 exami￿00 I have followal all the a￿licable 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 M￿st 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¢ a￿lIcabl¢ 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¢pKtKl￿I
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 in￿rn¢
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 ex0￿dIlUr¢ 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¢fu￿d 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 P￿tice whtch is rcfcr￿l 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 SlatemL￿ts are 1x)und￿ (o th¢ n¢9￿51 £
The f￿anCIal 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 ex￿lation that the
Charity ad￿Yal¢ r¢sourtts to continuc in 01￿￿10nal 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 dIs￿ellon of the Tn￿te¢S ift fiuthemce of their chaTitsbl¢
obj¢¢lives.
1.4 In¢0￿e
In￿rn¢ is ff¢ognis¢d wh¢n the ChaTity 15 Icgally cntitlcd to li allET any ￿On￿anCe 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 Th￿IpL (Xh¢r donalions ar¢ rccogniscd oncc thc Charity has bcen
notsfi¢d of the (lOn￿lon. un]e5S I￿rfornIa￿e 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¢ EX￿ditu￿ - 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$￿ llw wc incurred by thc charity and
ar¢ n¢￿Sary to
aid and sUp￿rt the nU)n1￿ of the charity and aTC in¢lwl¢d within ex￿Id11￿C oo charitable aciivitics.
AII costs ar¢ allocatcd to charitable adivities of the SOFA on a bwis designed ￿ reflect the use of the
resourc¢.
Support Costs rel8tin81o a particular fimd are allocated dir¢dy, others arc ap￿rtIoned on an wropriatc
basis whcn Jpplithle. The charity h&$ idcntificd one dircct chaTYtablc activity.
1.6 TADRible filed •$%ets
Tangiblc fixed llsscts uc initialfy mcasur¢d at eA)sl and subs¢quenily mwured at cost or v￿u￿tio￿ n¢¢ of
dep￿1#tion ond any impairn)cnt10&8e5.
Deprcci81icAJ i$ 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$￿SaI of an is detcrniincd &s th¢ dIff¢r￿Ce b¢ttve¢n the sal¢
pmce¢&s and th¢ carryin8 valuc of the and is re￿￿$￿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 detcrn￿e 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¢¢oynti*g w)li¢ieJ
<ColltiDued)
1.8 Stoekj
Stocks are stated at the lower of cost and estimated s¢lling price less ￿$ts trj complele and sell. Co8c
mpri%s direct Ma￿Ti￿$ aThl where applicabl4 dircct laknur costs aThl those ovcrhcads that havc been
in¢urrcd in bringing the stocks to their prescDt loc*ion artd condition. ltrms h¢ld for distrib￿10￿ 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$its kld ￿ c411 with bank4 other short-t¢nn liquid
invcstmcnts with OriBinal matiwiti¢s of three montlks or ity% and bank ov¢rdrafts. Baljk ovcrthafts arc
shown within iK)rrow1ti￿ in iiabiliti
Bwlcfmanciolagsets
Basic financial &ssets, which include dcbts)rs and wh and bank balances, are initially mtsqsurcd at
tr8nsa¢tion pricL' including transaction costs and are subscqucnt]y carricd at arnorfiscd wst U5in8 thc
¢ff¢ctivc int¢r&81 mcthod unless th¢ arrangement coTh$ts￿tCS a fm8ncin8 transaclion. wh¢r¢ the
tran%u¢tion is m￿ured 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 re￿gniSed at transaction price
unlc$s the a￿gern¢nt con8titut¢s a fmancing ITan8￿0￿ Wh￿ thc d¢bi 1￿1n￿n¢nI is m¢asur￿ at the
p￿$¢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 nOn￿urrent liabilities. Tr￿e erediknrs are
r¢wgnis¢d Initi￿lY 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¢CO￿ls¢d when th¢ Charity's ￿￿tr￿tUal Obli￿tio[L8 cxpire or are diSch￿s¢a
or ¢an¢¢lled.
1.10 Employee ben¢fits
Thc cost of any unused holiday cntitlement is Irc0￿JScd 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 retire￿1 burfjt schemes are ¢barB￿ as ats expaw as they fail due.
Critical aecoun11￿ estimat&8 *Dd j*dg¢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 Cu￿1 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 s￿10
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
An￿Y$ed between
Charitsble activities
71635
2,748
75,383
69.911
Governafice Lyysts includes payments to the inderthknt examiners of £1,440 (2022-£1,198) for
Trusleeg
None of the Tn￿1¢¢$ (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
s￿la1 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
Ch￿itable 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 ch￿￿ed in the year
206
418
206
3.467
3.049
At 31 AUg￿l 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 g￿d$ 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
ft￿0￿￿0•• 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 ￿n8￿CtiOuS
There were no disclosable relaled pty trans￿li0Th$ durAn8 the year (21f22- non¢).
15-