Charlty regIraOn nun)ber 291673 WEYBOURNE GYMNASTICS CLUB ANNUAL REPORT AND UNAUDITED FINAIYCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024
WEYBOURNE GYMNAsfics CLUB LECALAND ADMINJSTRATIVE INFORMATION Trustees Mts A Murrny M15 E Fenton Mrs N Gosson Mrs L Lister Mr S King Charity number 291673 Prln¢lp41 Address I Park Road Hampton Wick KingSD TIMmes SuTrey ETrgland KTI 4AS Independ¢nt exAmlner Siobhan Glenistcr. ACA 5 Th¢ Squtre B8gshot Surrey United Kingdom GU19 SAX
WEYBOURNE GyMNAlCs CLUB CONTENTS P*ge TnLslees report Independent examinels reN)rt Statement of financial activities Balance sheet Not¢s to the financial stateMts 8- 16
WKYBOURNE GYMNASTICS CLUB TRUSTEES REpoKr FOR THE FEAR ENDED 31 AUGUST2024 The Trnstees present their annal rewt and financial statsments for tbe year ded 31 August 2024. Th¢ fffjancial Statements hav¢ been prepared in accordance with the accouotin8 poii¢ies set out in note 01 to the fIanCIal statements and comply with the Charitys governing document. a deed of irusl. and nStituteS an unjnc0rrated charity, the Charities Act 2011 and "Accounting and Reporting by Charities: StaÉement of Recommended Practice applicable lo cbariti&s preporing their accounts in ac£ordance with the Financial Reporting Standard applicable in the UK and Republic of Jreland (FRS 102)" (a5 amended for accounting periods ¢omm¢n¢ing from l January 2019). ObJe¢dves and artlvltles The obj¢¢tiye of the charity ¢ontinues w be the promotion of panicipation in the sport of gyinn>ics. We continue to provide cla&4es and trainin8 s10]$ for members to tak¢ part in gymn8Stic activities and parti¢ipate in competitions and events to promo* healihy recreation through sport to the local ¢ommunity. Our gyMnts participate in competitions from recreational level to Elite gymwtics during the cours¢ of ¢acb y¢ar. Public benefit The Club's membership and activities are primarily foT the people of Rutmymede and surrounding local areas. We are open to all re8ardless of &8e. ra¢e. or 8cnder. AS OUT Sport requires specialist facilities and equipmen( we do have a bigh rntio of qualified ¢oa¢h¢s to 8ymnasts to ensure that all activities are carried oui safely and to a higb standard. All our coaches are hlly qualified with British Gymnastics approved qualifitionS. All staff are DBS checked and fully trained in Safeguardin8 and First Aid. Due w this we do charge fees for the use of our facilities and the coaching receiv(xl. Wc run 2 disability classes per week, and we offer concessionary classes for Meath School (a spee¢b and language special school). W¢ continue to have a bursary prOarnMe in place to cater for hardship situations where aixess to the club and th¢ sport would not be possible. Athlevements and performanee giiifjeant aetifvyries ondachievements against objective% The club currently has 348 recreatiunal 8yMrts who all 8neThlcd Ion$ for I hour a w¢ek up until August 2024. This is an increase. Our Pre-school classes have drOpd in si7£ due to the changes in free childcare. and we had 32 members who attend fot a 45min class per week again up until AUg$t 2024 We cutlY have 80 Illtern1ate and adv8n¢ed gymn>s tralning from 2 hours to 7 hours week. The Elite gyn)nasts has increased tD 25 traintn8 from 10- 20 hours per week and comNRng In Region and National competitions.
WEYBOURNE GYMNASTICS CLIJB TRuEEs REPORT {co]YrtNUED) FOR THE YEAR EIVDED 31 AUGUST2024 The club continu&s to maintain nearly full classes across all disciplines. The fees had to iD¢rease by 0.50p per wc¢k for recreatio} at)d £1 adv4a¢ed and squad gymnasts in April 2024 due to a rent in¢r¢as¢ from the landlord. Turnover is up by £1 IIK)O du¢ to thi5 3IoDg a Small increase in party Tates with a new holiday gym programm¢ and $uccassfvl xm show. The club have illvested in mAintsinin8 the buildin8 with All repairs and tThv equipment for the ycar Ilsted below: 'New barg New junior rings Toilet piping and a new system New pit foam with logs chang¢d ov¢r Extensive tumbl¢ tro¢k r¢pairs due to wear and tear this included welding. New beam area cr¢aled and padded out Regular air conditioning checks and a large seTViC¢ With new ports. Servicing and repair of 8ym vehicle New flooring Replacement blocks 'Drain r¢pair On¢ of our coaches has completrd an opprenticeship and we Ore taking a new appr¢ntice for the 2024-25 year. The apprentieeship is with Brili5h gyna5(1 and Brid8water Coll¢g¢. The club also raised a funds for an ex- gymnast Florence who has been very p(K)rly and bad to go to G¢rnJaDy for trcalmenL Our gymnasts cwtinued to compete thi5 year with competitions being held for all levcls. Thc recrealional gymnasts have taken part in 3 mPetItionS the interladvanced in 3 competitions and the Ilit¢ girls have competed at grades and cl8&sic ¢ompetitions in the past year. The Christhi&s Show for the Advgnc¢d and Elite gymnasts and extended holiday gyms ID holithys have beeD a success. The trustees would like to thaftk all th¢ staff and voluDtcets for their lime Ihis year. Withoul this ongoing h¢lp th¢ Club would noi bc able to fuR¢tion effectively. Fln*n¢iil revlew During the period the Charity had iDeome resou of £391,306 (2023 £381.950) and a totsl expenditur¢ of £397,540 (2023 £372,849) resulting in n¢t d¢fi¢it of £6234 (2023 sutplu5 £9,101). Resenespolicy ReseThe8 are ne¢ded io bridge the gap between th¢ spendin8 and receiving of income and to cover unplanned emergency expenditure. The truste coThsider £40.(KIO 18 the id1 l¢v¢l of reserves. aTrJ bcing sufficient unrestricted reserves io fund a mirLimurn of twelve months. The trustees ¢onsider that adequate resources continue lo be av4il#ble to fund th¢ activities of the Charity for the foreseeable futu. The trnstees are of the view that th¢ charity is a going Concern. Major rifk The Truslegs bav¢ assessed the major risks to which the Charity is expose¢ and S salisfied that systems are in place to mitigate eAposute to the major risks.
WEYBOURNE GYMNASTICS CLUB TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST2024 Structurey govern&n¢e and m•La8emtnt The Charity is controll¢d by its governing docu( a deed of tnisL and ¢onstibMes an UDincorporate41 charity. The Trustees who served duTing the year and Mp to the date of signatsIre of the financia] statements wer¢.. Mrs A Murray Mrs L Bassani Mrs E Fenton Mrs N Gassoll Mrs L Lisl¢T Mr S King (Rlsu¢d 31 Marcb 2024) Recrnilment and appointment of¢ruYte£¥ The charity's pfiDcipal declon.rnaking immty is the Board of Trustees, WI are electe41 from its m¢mbership. The Board meets three-nK)nthly. The charity Tecrnits its trustees from its member Organilns through a process of election. Trustees will be appointed for a terni of three y¢ars and may serve a second tem) of thxe¢ years if re*lected by the memb¢rship. An elected will retire at the close of the AGM at the end of the lasi year of the tTuslee's term of office. None of the Trustees bas any beneficial interest in th¢ compary. All of thc Tnte¢S are Membe of th¢ company and guarantee to cojjtribute £1 in the evenl of a winding up.
WEYBOURNE GYMNASTICS CLUB TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGusf2024 Statement of Trustets responslbilities The Trustees are responsible for preparing the Tnjstees Report and the fllwicial statements ID awordance with appli¢able law and United Kingdom A¢¢ounting Standard5 (United Kingdom Generally Accepted Accounting Practice). The law applicable to clkarities in England and Wale5 requires the Trustees to prepare finaD¢i81 statements for each financial year which give a true 9nd fair view of the stale of affaiTr of the Charity and of the incoming resoiirc¢s and application of SourCeS of the Charity for that year. tn PT¢paring th¢s¢ finaDcial stalem¢nK the Trt are required to: - sclecl suitable accounting policies and then apply them Co15t¢ni1y. - obs¢rve th¢ m¢thods And ptinciples in the Charities SORP. - make jud8emenls and estimales that are r¢awnabl¢ 8nd prudenL stale whether applicable a¢countin8 Standards have been follow subject to Any material departtwes disclosed and exploincd in the financial Statem¢n and - prepare the financial statrmetsts on the going ¢on¢¢rn basis unless it is itiappropri8ie to presume that th¢ charity will ¢ontillu¢ in op¢ralion. The TTUSt¢es ar¢ Tesponsible for keepin8 sulTicient accounting recordy that di105¢ with reasonable accuracy at any tim¢ thc financial position of the ChaTity and enable them to et)sur¢ thal th¢ financial statements comply with th¢ Charities A¢1 2011. the Ch8rity (Accounts and R¢ports) Regulations 2008 and the provision¥ of the trust deed. They are also r¢8ponsible for safeguardin¥ the assets of the Chgrity and hence for tsking reasonable steps for the prevention and detection of fraud and other irregularities. The Trnstees report w&$ approved by the Board of Tfttees. Mr S King Tru8¢ee
WEYBOURNE GYMNASTICS CLUB IJDEPENDENf EXAMtNER'S REpoirr TO THE TRUSTEES OF WEYBOURNE GYMNASTICS CLUB I report to the TTusl¢¢s on my examination of the fiTwKial Sernents of Weybourne Gymnastics Club (the Charity) for the yr ended 31 August 2024. which are set ijut on pages 06 to 16. Responslblllties and b•sls of report As th¢ Truste¢s of th¢ Charity you are r¢sponsible for the prepgrntion of the fjnancial statemettls in accordance with the requirements of the Charities Act 2011 {the 2011 Act)- I report in respeci of my examination of the Charity's fiDancial statements carried out Under section 145 of the 2011 Act. ID carying out my examination I bave followed all the applicable Directions 8iven by the Charity Commission und¢r s¢ction 145(5)0)) of ihe 201 l Act. Independenl ex4mlner's StateM¢t Since th¢ Charity's gro income exceeded £250.1 your examiner musi a member of a body listed in section 145 of the 2011 Act. l ¢onfirn] that l am qualified undertake the examination because l am a member of ICAEW, which is one of the listcd bodies. I have compleieAI my examin8ti0n. I confinn that D) matters hgv¢ rm¢ to my attention in conn¢ction with the examinaiion giving me cause to believe that in any material T&specl'. ac¢ountin8 records were not kept in respect of the Charity as required by sectis)n 130 of the 2011 Act" or the financial statements do not &crd with those record5; or the financial statements do not comply with the applicable Tequirements concerning the form and content of account&. sel out in the Clwities (Accounts and Reports) Regulations 28 othcr than any r¢quircm¢nt that the accounts givc a truc and fair vi¢w which is Dot a matter considcred as p8rt of an independent ¢xamination. I have no con¢erns and have come across no other matters in connection with the examination io which atteotion should be drnwn in this report in order to enable a pmper understandtng of th¢ financial stslcm¢nts lo be reached. Slobh•D Glenlster, ACA 5 The Squ4re Bagshot Surrey GU19 SAX Unit¢d Kingdom 16-04-2025
WEYBOURNE GYMNASTICS CLUB SYATEMEiYf OF FINANCIAL ACTIVITIES INCLUDJNG INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR EIVDED 31 AUGUST2024 Unr¢strlct¢d Unr¢strl¢ted fund5 fund5 2024 2023 Nots$ Income and endowments from: Don&tion5 and legacies Charitable activities Otbcr incomc 312.411 72,725 6,170 297.876 71,907 12.167 Total income 391,306 381,950 Expendlture on". Raising funds Charitable activitiC5 66,320 331,220 64.275 308,574 TotAI CendItUre 397,540 372.849 Net IDeomel(expelldlture) and movement in funds (6,234) 9.101 Reconclliation of funds: Fund ba1CeS at I September 2023 168,416 159,315 Fulld balances at 31 August 2024 162,182 168.416 The statement of fina])cial activiti¢s includes all gains and losses recogllised in thc year. All in¢ome and expenditure derive from continuing adivili¢s.
WEYBOURNE GYMNASTICS CLUB BALANCE SHEET ASA T31 AUGusf2024 2024 2023 Note5 Fixed assets Tangible assets 13 15,797 10.195 Current assets Stocks Cash at bank and in hand J4 564 154,364 1,405 164.081 154.928 165,486 Credltors: amounts fallfiog whhl one year 15 {8.543) (7265) Nel current 2ss¢ts 146J85 158.221 To¢41 assets Iess ¢urYeo¢ Ilabilides 161182 168.416 Net assets excluding pension ]iabillty 162.182 168,416 The funds of the Charity Unrestrid¢d fijnds 162,182 168,416 162,182 168.416 16-04-2025 The financial statements weT¢ appToved by the TTUSte¢s on..................... .. Mr S King Trustee
WEYBOURNE GYMNASTICS CLUB NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST2024 Aeeounting poIlcie8 Charlty iDfonn4tion Weybourn¢ Gymnastics Club is a Clrity Colltrollgd by its governing documen¢ & deed of tsusL snd constitutes an Uninc0ryrad olwity.. 1.1 Ac¢ountAng eonvetttlon Th¢ fllrdllCi21 ststements have bcen prepared in accordw with th¢ Chariiy's Igovmiing dwument], the Charit1¢5 A¢t 2011 -Accowiting and Reporting by Charities.. Ststement of R¢¢ommended Practice plicable to ehariti¢s preparing their accounts in accord with the Financial Reportt'ng Standard appli¢ablc in th¢ UK and Republic of Ircland (FRS 102)- amended for a¢cowiting peri(ds commencing from l January 2019). The Chlty As a Pllblic Benefit Entity defined by FRS 102. The ChaTity has tsken advantage of the provisioos in th¢ SORP for clwitses applying FRS 102 Update Bulletin I not to prepare a Statement of Cash Flows. The financial statements have departe4J from the Charities (AcLounts and Rem) R¢8ulations 2008 OD]y to the extent required to provide a true and fair vi¢w. This dartUre bas involved followillg the Ststement of Recommended Pradice for ¢1ltieS applying FRS 102 rather than the version of the Ststement of Recommended Tractice which is re[eed to in the Regulations but which hAS since been witbdrawtt. The financial statements are prepr¢d in stedin& which is the functional currency of the ChaTity. Monetw amounts in these fmancial statemcDts Ire rouDded to the nearest £. The fmancial statements have been prepared utth th¢ histori¢al $t w)ventioa. The principal accounting wlicies adq)ted are set out below. 1.2 GoRDg concern At the time of approving th¢ fitwi¢ial statem¢nts. the Truste¢s have 4 reasonablc expectstion that the Charity bas ad¢qu4t¢ resour$ to ¢ODtiDU¢ in Oatio[la1 existence for the foTeseeable fijture. Thus the Trnstees continue to adopi the going Concern basis of accounting in preparing the financial statements. IJ Charitable funds UDrestricte41 funds are available for usc at the discretion of th¢ Thiste¢s in fiJrtheranc¢ of their ¢haritabl¢ ObJI1veS. 1.4 ID£oThe Incom¢ is re¢o8nised when the Chan"ty is legally entitk4J kn 1¢ after any perfornwice conditions have beeo me( the amounts c•n.be Mea*ts reliably. and it is probable that income will be received. Cash donations are recognised on receipt. Other don4ti0n$ are reColSed once the Charity ha8 been notifTed of the donation, un1ts5 perforn conditions require deferfdl of the amouTrt. Income tax recoverable in TelatioD to donations received under Gift Aid or d¢eds of covert is renised at the time of (he donation.
WEYBOURNE GYMliASTICS CLiiB IYOTES TO THE FINANCIAL STATEMENf6 (CONTINUED) FOR THE YEAR ENDED 37 AUGUST2024 Accountlng polieieg (COntIed) LeEacies are recognised on re¢eipt or otherwise if the Charity h&s bezn notifid of at) impending distribution. the amount is known, and re£eipt is expected. If the arnount 1$ not known. the lega¢y is treated as a contingent asset. 13 Expendlture Expenditure is r¢Sn18¢0 on an accnjals basis wIn iticufftd. It is report&1 iti the Ststement of Financial Activities as follow$.' Direct ChAritsbl¢ Exp¢ndilure - these are ¢os15 incud by the chaTity in the delivery of its a¢tiviti¢s And services for i¢S beneficiaries. Support costs include other rnnnin8 costs and 8ovemanc¢ costs. These are incurred by the charity and are J)ec¢&sary lo id and support the ruDnill8 of the ch•rity And are included within exp¢nditure OD ¢haritsbl¢ tIVItI¢$. All costs are allocat•J to charitable activities of th¢ SOFA ol) fj blsis dc5igncd to T¢fleGt the use of the resource. Support Costs r¢lating to tt parti¢ulJr fund ore allo¢atwJ directly, others are apponioned on an appropriate ba81$ when applicable. The charity has ideniificd on¢ direct ¢haritable activity. 1.6 Tattglble Ilxed *s8ets Tangible fixed 8ssets are initially Mured at COs18nd subsequenily measured at CO or valuaiion, net of depreciation and any impairnKnt10ss¢s. Depieciation is reco8ni5ed so as to write off th¢ ¢ost OT valuation of assets less their residual values over their use1 lives on the following ba5CS: Plant and equipment Fixtures and fittin8S 259/• on ¢t 25Vo on cost The Eain or loss arising on the disposal of an ass¢t is deterniined as the difference between the sale proc¢¢ds and th¢ ca}ng value of ihe &sset. atKI is r¢¢08n1s in the stslement of fUn¢121 activities. A.7 Impairment of red assets At eaeh reporting end date, the Charity reviews the carrying amouftts of its tsngible asseL8 to detemifte whether there is any ittdication that those aets have suffered an impairn)enl loss. If any such indication exists, the recov¢rable amount of the asset is estimated in order to deterniine th¢ ext¢nt of the impairnient loss (if any).
WEYBOURNE GYlNAsTIcS CLiJB NOTES TO ThE FINANCLIL STATEMENTS (CoVED) FOR THE YEAR ENIJED 31AUGUST2Q24 Accountlng polieies {Cwtlnued) 1.8 S¢o¢ks Stocks are ststed at th¢ lower of cost and estimated sellinE price less costs to complele alld sell. Cost comprises dircct materials an& where applicable, direct labouT costs and those overheads that bave been incurred in bringing tb¢ Stocks to their prettI location alld ¢ondiuon. It¢ms held for distribution at Jjo or nominal consideration arc measurtd th¢ lower of ttpla¢ement cost and wst. Net realisable value is the estimated selling price less all estimated costs of L¥Jmpldton and costs to be incurred in marketin& selling and distributton. 1.9 Cash 2nd cash equlvaleTJts Cash and cash equivalents include ca5b in hand d¢SIts held at 11 with banL8, Oth short-ternj liquid investments wlth original D7aturities of thfte months or les& bank overdrafis. Ballk overdrafts are shown WAthio borrowings ID Current liabilitics. Ba5icfinanoalassets Basic financial assets, which incEud¢ debtors and cash and bank balallg. are InitilY measured at transaction price including trallsaftton costs and are subsequently c8rri¢d at amortised ¢ost SIng the ¢ff¢ctive interest method unless the arrdngement constitutes a financing ts8rtsaction. wher the trdnsaction is measurd at the present valu¢ of th¢ fijture receipts discounted at a market Tate of interest. Financial assets classified as receivable within ofte y¢ar are not anM)rtised. Basicfinaneial it4biltsies Basic fmancial liabilities, including cffditOTS and bank loaDS are initiolly recognised at transaction price unl¢ss ihe aTrangeTnent constitutes a financing transaction. where th¢ debt instsument is measured at the present value of ihe futyr¢ payments discounted at a market of inter&sL Financial liabilitics ¢ILssified as payable within one year are not amortise4L Debt instrwnents are subseqU11Y carTiEd at amortis¢d c05L using the effective interest method. Trade creditors are obligations to pay for goods or services that have been acquired iti the ordinary ¢ours¢ of owJtions from suppliers. Attwunts payable are classified as current liabilities if payment is du¢ within one year or le55. If Trt they are presented as JM)n-CUTrent liabiliti&s. Trade creditors are r¢¢ognised initially at transaction price and subsequently rneasud 4t amortised cost u$ing the effective inter&8t methtyj. Derecognilion 01fv4ncialltabih.li Financial liabilities are dlsed wben th¢ Clwity's contrnctual OblitionS expl or are discharged or can¢¢11. 1.10 Employee benefits Th¢ Cost of any unused holiday entitlement is recogni5ed in the period in which the employee's services are received. T¢Tmination benefits are rccoEnis¢d immediately as an expensc when the Charity is demimstrably ¢ommstted io terniinate the ernploym¢nt of an employee or to provide termination benefits. 10-
WEYBOURNE GYMNASTICS CLUB NOTES TO THE FINANCIAL STATEMENTS (CONfINuED} FOR THE YEAR EJVDED 31 AUGUST 2024 Accountlng pollcies (Continued) 1.11 Retrrement benefits Payments to defined contribution r¢tir¢ment benefit schemes are charged as an expense as they fall du¢. CrStl¢al 8ccountlng estlmates and Judgements In ihe application of the Charity's accout)ting p)li¢ies. th¢ Trustees are Tcquired to make judgernents, estim8t¢s and assumptions ubout the carrying amount of assets and liabilities that are not readily apparent from other sources. The &stimales and a5sociat¢d assumptions are b&s¢d on historical experien and other faciors that are considered to be relevant. Actual results may differ from these estim&tes. The estimates and underlying assumptions reviewd on an ongoing basis. Revisions to accounting estimates are recognis¢d in the period in whi¢h the ¢stimate is revised where the ievision affects only that perlod, or in tbc period of the r¢vision and future periods where tbe revision affects both cutT¢nt and ture periods. In¢ome from donatlons And legacle$ UDrestrlcted Unrestricted funds funds 2024 2023 Donations and gifts Subscriptions Other 1,338 304,709 6,364 294,888 2.988 312,411 297.876 A¢tivities for generA15ng funds 2024 2023 Children Partie5 Softplay Holiday gym Sale of clothing 37.L05 16.442 14,580 4.598 38.460 15,828 11.095 6,524 72.725 71,907 11
WEYBOURIYE GYMNASTICS CLUB NOTES TO THE FINANCIAL STATEMENTS (CONfINUED) FOR THE YEAR ENDED 31 AUGUST2024 Other intome Uttrestrl¢ted Unrestrfrted nds funds 2024 2023 Other income &170 12.167 Expendhyre on r*islng Unrnstrleted Unrestrkted nds funds 2024 2023 FundrAiStng tr9dlDg: ¢o$t of good$ sold and other ¢osts Opening Stock Purchases of Clothin8 & Badge5 Gym Hire Closin8 Stock 1,405 3.101 62.378 (564) .410 6.310 57.960 (1.405) 66,320 64.275 Expendltsre on charltsble •¢tlvl¢les Totsl 2024 Total 2023 Staff costs Club competitions and courses 250.191 6,816 229,724 16.466 257.007 246,190 Share of support and governanee eosts (see nole 8) Supwt GOvernae 71.161 3.052 59.636 2.748 331220 308574 Analysis by fund Unrestri¢t&l fun 331.220 308,574 12-
WEYBOURNE GYMNASTICS CLUB NOTES TO THE FINANCIAL STATEMENfs (CONTINUED) FOR THE YEAR ENDED 31 AUGUST2024 Support costs Support Governance costs costs 2024 2023 Rates and water BG Insurance Light and heat Telephone Postage al station¢ry Sundrie5 Computer and website 51$ Bank chArges Depreciation aDd impairment Repairs and renew21s 2,134 25,584 18,061 751 1,254 3,327 983 481 6.490 12,096 2.134 25,584 18.061 751 1.254 3,327 983 481 6,490 12.096 1,604 22,100 22,564 631 784 373 865 253 3,467 6.995 Accountaney Legal and professional f¢es 1.860 1,192 1.860 1,192 ,308 1.440 71.161 3,052 74,213 62.384 An2lys¢d between Charitable activities 71.161 3,052 74.213 62.384 Governance costs includes pajinents to the independent examiners of £1.860 (2023-£1.308) for ind¢pend¢ut examination fees. et movement In funds 21124 2023 The net movement in fimds is stated after Chargin(crediting)'. Dep14tion of own¢d tsngible red assets 6.490 3.467 10 Try$tees None of the Trnste¢s (or any p¢rsons cottnected with them) received any remuneration or benefits from the Charity during the year. 13-
WEYBOURNE GYMNASTICS CLUB NOTES TO THE FINANCtAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST2024 JI Employees The avernge moJ)thly number of employees during the y¢ar was: 2024 NuD)b¢r 2023 Number EmploymeDt ¢osts 2024 2023 Wages and salaries Social security costs Oih¢T pension costs 223,953 13,330 12,908 210.338 11,S97 7,789 250,191 229.724 There were no employ8 whose annual remuneration was more than £60.(. 12 TAx•don Th¢ charity is exempt from on income and gains falling wiihin scction 505 of the Tax¢s Act 1988 or section 252 of th¢ TaxatiOD of Cbarg¢able Gains Act 1992 to the ext¢nl tbal these arc applied to ils charitable objects. 14-
WEYBOURNE GYMNASTICS CLUB NOTES TO THE FINANCIAL STATEMENTS (COKllNUED) FOR THE YEAR ENDED 31 AUGUST2024 16 Deslgnated funds Movement hh fvnds B¥•K• at knwnlng Resources 8alarKe al •xperKlod 31 August 2024 General fiu)ds 168.416 391 J06 {397.540) 162.182 168.416 391.306 {397,540) 162.182 17 Related party transactions There were no dis¢losabl¢ related paty transactions during the year (2023 - llone). 16-
WEYBOURNE CYMNASTICS CLUB OTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR EIVD£D 31 AUGUST 2024 13 Trnglble fixed assets PLgnt and FIxtU a#d 04ul5bm8nt flttlngs Total Cost At I Septcmber 2023 Additions 12,195 12,092 1.673 13,868 12,092 At 31 August 2024 24,287 1,673 25,960 Depreciation and impalrmeDt At I September 2023 Depreciation charged in the year 3.049 6.072 624 418 3,673 6.490 At 31 AUsSt 2024 9,121 1.042 10,163 Carrying amount At 31 August 2024 15.166 631 15.797 At 31 August 2023 9,146 1,049 10,195 14 Stocks 2024 2023 Finished goods and goods for resale 1.405 IS Creditors: amounts f4lliAg due within one year 2024 2023 Other taxation and social security Otber creditOTS AccTuals and deferre41 income 4,857 2,006 1.680 4,338 1.427 1.500 8,543 7,265 15-