Charlty reglstratSon nwnber 298421
C+)mpany r*gl$tr4tlon numbgr 021765S3 IEngland and Wales)
CAMBERLEY GYMNASTICS CLUB
TRADING AS RUSHMOOR GYMNASTICS ACADEMY
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
IMII
*>DXMHMY8*
A13
0410312025
COMPANIES HOUSE

CAMBERLEY GYMNASTICS CLUB
TRADING AS RUSHMOOR GYMNASTICS ACADEMY
LEGAL AND ADMINISTRATIVE INFORMATION
Truste
Mrs L Fairbrother
MrsJEAIp
MrHJ8esl
IAr N Taylor
Mr S Smalley
Mr C Wrighl
Councillor S J Nasterson
Secretsry
Mrs B Wrlght
Charity numb•r
298421
Company numbor
02176553
Principal •ddrès$
Pool Road
Aldeishol
Hampshlre
GU113SN
R•gist•r•d office
Pool Road
Aldefshot
Harnpshire
GU113SN
Independent •xamingr
Neale 8utler Limiled
8a$sett Housa
S Southwell Park Road
Cambérfèy
SuTrèy
GU15 3PU

CAMBERLEY GYMNASTICS CLUB
TRADING AS RUSHMOOR GYMNASTICS ACADEMY
CONTENTS
Pag?
Trustees. report
dépandent examinerfs ror¥)rt
Statement tsffinanci* admties
Balance sheet
Statement of cash flows
Notes lo lh& finan¢ral s18ternents
9-19

CAMBERLEY GYMNASTICS CLUB
TRADING AS RUSHMOOR GYMNASTICS ACADEMY
TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT AND STRATEGIC REPORTI
FOR THE YEAR ENDED 31 AUGUST 2024
The Tru$lees pregent thtrKarsnual ￿P)rt and financial statements forthe year ended 31 Au9u$I 2024.
The financi￿ statements have been piepared in accordance wlth the accounthng polde5 8et Olrt in note 110 Ihe
finandal s1atements and comply ￿th the Companles Ad 2006 and 'AC￿￿ntIng and Reporting by Charities-.
Statgrnenl of Recomm8nded Prac11￿ appliGablg lo charibe5 preparin9 their aGcounts in a￿)Fdance wilh the
Flnanryal Reporting Slartdard appliG*Ae in the UK 8nd Republic of Irelond IFRS 1021 (effèctive 1 January 20191"
Oty?clfves and actlvlttO$
Obje¢lives ond aims
The charitatile company's principal activity is that of woykdng gymnastic and aiher physical recreation in Ihe
interests of the social wèlf*e of youn9 peopje n RUshn￿oI the surr¢undirq area¥.
St9nificant actSvilles
The siqnificant activities ol the Club are coaclingb competilions artd training camps and Ihg provision of Playgym
aCt￿lieS forthe sJnder5's. In addition. the Club supports other local speris and socol dubs by hirlng out ils facilitie5
an(J specialist e4uiprnent.
Public benefit
A key objective of fhe Club L% the development of actlvities for th• wewaro olthe community. An important part of
thls Is Ihè very suecessful Playgym programme that eonlnuès t¢* attract arDurHI 70,000 under 5's pèr aNnum. This
aCti￿{Y introduces young ¢hildiÈn to a healthy lifestyle, helps lo combo1 child obesity and is tsking place in a part
of Ihe Borough of Rushrnoor. I￿1 is recognlsed as bÈing an area of sociJ deprivation. The Club COn￿'r￿￿$ ty Invést
activities to benefjt Ihe l¢xal community and lo subsidise the Playgyrn programm&.
Volunte•rs
Th8 Management Commtheè and a pool ofvoluntaws nom)ally earry out SEveral activ¢ties rèlating lo tho support
of gyrnnas1￿ progiammÈs, catering al￿ fijnd raising and give approximatety hours of supp)rt to the Club.
Volunteering has nol rewvered to pre cowd pandemic leve15, th￿ we are WOTking on wlth Ihè objè¢livo of athiwing
more local comrnuntty Involvernent. We thank all who conlribule lo the Club's ongoing success.
The Oicie5 adopled in fUrther¥￿e ol thesa DLiects hav• not changed during ihe year.
The Trttstees have paid dL¢e regard lo guldance issued by the Charity Commission in d8eKling what 8clithl*s the
eharit8ble company should undartako.
Strat•g1¢ report
The description under the headings"Achievements and porformance" and'Financial re￿ie￿, meet Iho company
law ￿qUIT8ffleTrts for the Trustees to p￿ent a strategic ￿POrl
Aehiovern¢nls and por10￿4￿cO
Chan-lable aclivities
At 31 August 2024 Ihe Club had around 550 re9iSt¢r¢d meTnbers. Thè Club campèts$ * ctsJnty. ￿giOnal. national
and intematitsnal lÈvèls and considerable success was 8thieved sn all eofflpetitions. This indudes Ihe pres￿10￿5
Rushmoor Rose Bwl competidon. Runnlro now for 43 yeaTS this event is fecognised ￿ Britain's nurnber one
intematlonsl 9yMnaSti￿ ccffjpeulion attraeling teams from all 0¥8r Ih? wodd.
1nvestmenlperf0rma￿¢
The resullsforlhe year and the financialposib'on ofthe cornpany are as thown in Iheannexèdflnan¢ial statements.
Th• value tsffunds ¢wied Icrfwaf¢ 0131 Augusi 2024 of £485,03312023- £488.9471 lakes accounlolllw Raserves
Polity i￿UdIng ts repla¢emenl polry coveT¢ng existing gym equiprnerrt and olher assets.

CAMBERLEY GYMNASTICS CLUB
TRADING AS RUSHMOOR GYMNASTICS ACADEMY
TRUSTEES, REPORT {INCLUDING DIRECTORS, REPORT AND STRATEGIC REPORT)
{CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2024
Intefnaland extern81 factors
The Club has developèd a strong felali>nship wilh Rushmoor Borough Coun¢il, Brillsh Gymnastics and a good
ngtsvork of users. This together with the commitrnenl of Ihe coaching staff has ensurèd thè Club continues lo
achievg Ihe annual obAectNes set by the Management Cornmittee.
Flnan¢lal review
Pn"ncipal furtthng sources
The principal fundlng sourc85 lor the Club wère generated from membership fees. Easter and Sumrner trakniThJ
CarnP5 and hire of the gym.
Rès&Th8spoliey
In line wilh tha￿ty Commission requirernents, the threclors rèeopnise Ihe need lo lo en8VTelhat
the Camberley Gymnastics Club meels statuiory and contraclual obligations. Provigon is madeloen5ure sufficlent
fvnds for the lollowing ¢onting¢ncles'.
Staff redund8ncies
- SKkness cover
- Unlnsured losses {e.g. excesses on prolessional Indannity and employrnenl claims)
The direclors aLso fecognlse the need for sufficient fund$ to replace exi5tin9 and invesl In new ￿ equlpmenl to
ensure the cont￿Ye¢ opeialion and dèvek*pmèrnt ol gymnastic programmes.
Taking account of these oblectlves. It Is the pollcy of the Cambedey Gyrnnaslics Club to work toward3 maintaining
reseNes at a level equival&nt to four monlhs lorèeast ￿nning costs. The direclors are satisffied Ihal the General
Rese￿8 available at the ye8r-end OF £218,400 P023 £175.571 58tisfie5 the kéy elemènls of this poli¢y.
A breakdown of reseNes are showTh in note 21 to Ihese accouDI8 and report clearty the DesignatÈd resÉwès Énd
the remaining Genèral reserves.
Risk
Th¥ Iru8iee8 have a duty lo ¢dentify and review the risks lo which the charity is exposéd and to ensure
appropriale controls are in place to provide r¢a$Dnable assurance against fraud and error.
The management Commillee regulady Tewews risk managernent with input from the Oirectors of Coaching and
Adminisliation. This process has been formalised with thè establishment of a Risk Register and an assoriated
actlon plan includlng rasponsibilili¢s and timescales for wmpletlon. Pr¢gres$ against the actlon plan Is reviewed
eath Febwary and reported to the Board of Directors.
Future pl4n
The Club will continue to develop the Rose Bowl competiti.on as a maiof opp¢Jrtunity for top inlemational teams to
compete ln 8ritsin 4ong wfth arr8nglng and ho$lin9 other important nalr•n81 events.
Durlng the year the Management Committee wll update Ihe Rushmoor Gymnastics Academy rolling 5 year plan.
Thi$ wfjl indude perf¢)￿ance largels for coaches and gymnasts. Competition targets wli I b& set on a continuing
increme1￿1 basis and the Management Comrnittee w￿1 review progress at monthly meetings.
RGA will ¢ontinUè to strengthen coaching resources lo extend training programme5 and olher iniliatives Ènd
d8velop Ihe Ea$lBrand Burnmer train￿9 camps to attract tèarn$ frorn other counlriES and VK based GymnaEtic
Clubs. In addit￿n, RGAwill eontinue to grow and èxpand Playgyrn and community actimties foi tho beneffl of
Rushmoor and Ihe Suffounding areas.

CAMBERLEY GYMNASTICS CLUB
TRADING AS RUSHMOOR GYMNASTICS ACADEMY
TRUSTEES. REPORT {INCLUDING DIRECTORS, REPORT AND STRATEGIC REPORT)
(CONTINUED}
FOR THE YEAR ENDED 31 AUGUST2024
Structure. governance and manogement
Governing document
Camberfèy Gymnaslcs Club is a Charity No. 298421 regstered wlh the Charity Commissioners and r¢giStered
under Ihe CDmpalliesAct 2CQ6 as a compalw No. 2176553 limited by guarantee. Eath senior rn¢mber ha$
undertaken lo contribute an amounl not exceeding one pound in Ihe event of the company being inscfvent on
bwnding up. The company Is managèd on bBhalf ofthe members by a board fjf di¢¢￿or$. The day to day
ad￿￿nIStrat￿jn is uniler the control otthe SenKJr Direclcr of Traning.
Carnbertey Gyrnnastics Clubtr*Jes under the narne of RUSh￿￿or Gyrnnas1105Academy.
The Trustees. who a￿ olso the directors ler Ihe purpose of company law, and who seNed during Ihe year and up
to Ihe datè of signature of the finanual statements ￿r9..
Mrs L Falrbrother
MrsJEAIp
MrHJ8esl
Mr N Taylor
MT S Smalley
Mr C Wrigbl
Coun¢illor S J Masler3on
Recrultsnent appolnlment of new trust•Ès
The direct015 ofthe company under the tompany's Artldes are known as memb8is ol the Managemerl
Commlttee. Underlhe ￿qUirements oflhe M¢morandum 8ndArticles olAssociation the membefs olthe
Managemènt CDmmillee are elected * the Annual Gpn9ral Meeling 88ch yeai to serve for a pèrlod of ona year
urnlil the nextAnnual Gener￿ Mètlng.
The Management Commlitee seeks to ensure Ihat the Interests of the gymnasts and the developrnenl of the Club
are app¥opriatety reflected through Ihe skills arHI dNers5ty olthe Iruslee body. Individuals who exhibit a close
activ& Int•￿st In the daity running and ?¢liv4ties olthe Club, have approprfate sknlls and strong community links
are inwted to ION the Management Cornrnlttee. The development ofthè Club wknin the eommunity is ¢1
par¥rnount importance, and a kÈy duty ofthe tnjstees.
Organi$ational structum
The C￿mPaNY employs a tearn ol coaching stAff, led by the Senior tlirectoi of Tralning. 117at ￿port to Ihe Oirectors
of Co3chM)g and Admini$lrntion. Be￿a&n Ihem, they arè rèsponsible for 011 op¢rntional matters. indurting Ihe
finanung and M￿agernent orgymnas￿¢ aclNitie5. The Directors ol Coathing and Administratlgn are
spongble to the Boavd of Olreclors.
Indu¢tl¢>n and tralnlng of new trugteg$
Ne%￿Y appolntel trustÈès are famlliai wilh the operalionsof the Club. Additlonalty nÈw trustees are èncouraged
to attend a 58rie8 of training sessions lo farnlliarSse Ihern with the charty and the strudure of Brili$h Gymnastics.
These Sgssions are conducted by the Direcior of CO￿h1ng and the Director of Adrninistration of the charity ¥nd
cover Iht followng areas..
The obligaiions of Ihe Marogemenl Commiiiee mèmbèrs.
The operational framework of the tharity.
The resources and current financial posil#)n as set out in tho latest publi8h8d accounts.
The future plans and obiÈctives.
The Rushmoor GymnaslicsAcademy rèsponsibility within the Rushmoor community.
The Charity Cornrnk4sKJn's guide 'Responsibli itie$ of Charity Trust8es' 1$ also issued to InJsteÈs on
appoinlmeTht.
Wider nthvoik
The Club is affiliated lo 8rth.sh GymnB5tiCs IBG) and has been awaided the 8G Gym Mark and Seal ofApproval.
AJI roxhing and compelrfions earried out by the Club are held under thè auspices of Ihe 8G.

CAMBERLEY GYMNASTICS CLUB
TRADING AS RUSHMOOR GYMNASTICS ACADEMY
TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT ANO STRATEGIC REPORT)
ICONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2024
Related parttes
No trustee or other person related to ihe chartty had any peT8onHI Interest in any contraGt ortransadion enlered
by Ih? charity during the y¥ar.
The Trn8lees' report. induding tho strateg￿ report was approved by iha 808rd ofTnJste8s.
rothpr
Trusteè

CAMBERLEY GYMNASTICS CLUB
TRADING AS RUSHMOOR GYMNASTICS ACADEMY
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF CAMBERLEY GYMNASTICS CLUB
I report to the TFustee$ ¢n my exvmin81ion ol the finanrjal statements of CAMBERLEY GYMNASTICS CLU8
Ilhe charitsble comp8nyl for the year ended 31 Auous12024.
Responslbllltles and basis of report
As thè Trustees of the thaiitable company land its directots for the purposes of cc*mpany lawl you are
responsit4e lof the preparalion oftheffinaneial 51atemènts in aett$rdanee￿th Ihe requirem•nis of the Compan￿$
A¢1 201A (the 2(￿6 Act).
trlawng s8tisfied rysèlf that the financial slaternen15 of the charliable company we not rÈquireiJ to be audited
nder Part 16 of the 2006Act and are eligible lor independent examirtath'on. I report in respect of my exarninalion
of the chafitable company's finants￿ stat¢rnents tsrftod out under s8e*"on 145 01 the Chaiitt8s Acl 2011 (the
2011 Act). In earrying out my examination I have fgll¢)weil all thè Applieablt Directions yiven by the Charity
Commissi¢)n under Stclion 145151{b) ol the 2011 Act.
Independ•nt examlnerfs statement
neé Ihe charilatyle companws gros$ income exceèded £250,[￿)0 your •Kamin¢f must b& a member of 8 boty
listed in seclion 145 of the 2011 Act. I confirm that l am qualified to undertake the examinalson becau¥? l am a
member ofACCA. b¥hich is one ol Ihe listed bL*Ii•s.
I have completed my examinalion. I confirm Ih31 no matter5 have to my attention Sn connectiM Mth Ihg
èxaminatlon givin9 me cauw lo believÉ Ihat in any rnalerial respect..
arxounling rec4xd$ wer8 Th)1 kept in respect of Ihe d)arttable company as required by secban 386 01 the
21KJ6 Acl.. or
thè financial statements do not ￿COrd wth those r￿d6. or
the financial statemènts dts not cumply wllh the aeetsuniing r¢quirernent5 of section 396 of ihe 2006 A
olh¢r than any rÈquiremenl that the accounts gNe a true and fair view which is ngt a maller eonsidÈred as
part gf an independent exarninabon,. OT
thè finan¢ial slalemen15 have not been wep¥rfd in accordane• with the m•lhtxls •nd princtples of the
Stalernent of Recornrnended Practice for accounting and reporting by charitie5 applicable to charilies
preparing their accounts In accordance with the Financial Reportin9 Standard applicable in the UK and
Republic of Ir818nd IFRS 1QI.
I hw¢ no concEinsandhavè eom8auo$$ no oiher mattèt8 In eeA)nètlitin with thtr examlnatlonto whlch attentton
should b*dTawTh inlhis teporlin ortsto enablea properunderslaNlÈng of ihe financialstalernenls to bè rèached.
Mich8È1
eale
Neal¥ Butkr Limited
Bassett Houso
5 Southwell Park Road
Camberlty
SLwrey
GU1S3PU
Datèd..
.3.2<

CAMBERLEY GYMNASTICS CLUB
TRADING AS RUSHMOOR GYMNASTICS ACADEMY
STATEMENT OF FINANCIALACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 AUGUST2024
iknre$trktetl Resth¢ted
flmds
funds
2024
2024
Total Uni•strlciod Restricted
funds
fund$
2023
2023
Totsl
2024
2023
Notes
Donations and
legacies
Charitable a¢t(vitie$
Other trading
activities
Inveslrnents
105
450.371
105
450.371
440,475
440,475
28.400
1,052
28.400
1.052
30.736
421
30,736
421
Total incom•
469,W27
469,927
481.633
481,633
Raising funds
5.555
8,180
8,180
Charitbbje 8cf>vrtie$
488,285
488,285
423,266
423,266
Total *xp•ndlturè
473.840
473,840
431.44e
431,446
Nèt incomè for the yearl
Netmovement In funds
(3,973)
13,9131
50.187
50.187
Fund balances at 1
September 2023
445.989
42,957
395.803
42.957
438,760
Fund balances at 31
August 2024
442.076
42,957
485.033
44S,990
42.957
488,947
The 8tstÈment of fw))ndal &tNibes Nicludes an galns and108ses recogni￿ in Ihè yèar.
All in¢om• and expenditurè darive Ifom continuing act￿1185.
The statement offinanciaj ac11￿1￿S also complies with the ￿￿lleMentS loran incorne and expenditure account under
the CompaniesA¢t 2006.

CAMBERLEY GYMNASTICS CLUB
TRADING AS RUSHMOOR GYMNASTICS ACADEMY
BALANCE SHEET
AS Af31 AUGUST 2024
2024
2023
IIDt•&
Flxèd a8s•ts
Tangil)le as5916
13
136,994
114,729
CuTr•ntasi•t•
Stocks
Ca$h al bank and ui hand
14
300
535,581
300
518.742
535,861
519.042
Cv•ditors: amounts klling due wlthln
one year
lj
(187,8221
1144,8241
Nel cuffent assets
348,039
374.218
Tot*1 ass•ts les* ¢¥￿ent M4billtla8
485,033
49B,947
In¢orne funds
Reslricled fijnds
Unrestricted funds
42.957
442.076
42,957
44S.990
486,033
488.947
T1￿ Cr￿panY Is 8ntiled to the gxempllon frorn Ihe audit rpwitamenl contsirpd In 477 of the Compani¢sA
2C(J6, for the yearended 31 A￿u$l2024.
The dir8etors acknow18dge their r•S￿nsItI1rtlQS forgjmplying with the requlramgnts of thè Cornpan￿sACt2fyJe ¥wih
respect to accounling records and tho prepafalion ol finanoal ststèrnents.
The m¢mbets have Trot reqUI￿d the companyto obta5n an audR of Ils Ilnancial statements for the year in quesuon
Jnlanc& with 5ectlon 476.
Thesè finan￿￿1 Statements hm been Prepared In accordancewlth Ihe prowl8lons aF￿1¢able lo comp8ni85 subj•GIto
th? small companles re9ime.
Thè finandal statemènls wers approved by Ihe Trustee¥ on....... ....
rolher
T￿￿e
Compny re9i$trallDh number02176553

CAMBERLEY GYMNASTICS CLUB
TRADING AS RUSHMOOR GYMNASTICS ACADEMY
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 AUGUST 2024
2024
2023
Notes
Cash flows from operatlng acllvlll
Cash genèrated frorn operalions
19
70,216
127,849
Inve¥ting aetlv5tl•s
Purchase of tangiNe fixe(l assets
Investrnenl ineA)m• receNed
{54,4481
1.051
(22.7901
421
Net usèd in Invt$tin9 activitres
153.3971
122,3691
Not cash used In financlng act5vltles
Net inerea8• In cash #nd c#8h oqulyalents
16.819
105.480
Cash and cè8h equNalents al beginning ol year
518,742
413.262
Cash and cash eqUNaknts at end oly•ar
535.561
518,742

CAMBERLEY GYMNASTICS CLUB
TRADING AS RUSHMOOR GYMNASTICS ACADEMY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGusf 2024
A¢countlng polkies
Charity Informatlon
CAMBERLEY GYMNASTICS CLUB is a priv¥l? company lirniieil by guarantge Incorporated in England and
Wales. The ￿l$l¢red olfice is Pool Road. Aldershot, Hampshire. GU113SN.
1.1 Aecountln9 comiention
The financial staternenls have been pr8pared in accordar¢e with the ¢haThtable companys Igovèming
d(Kumenll, Ihe CompanTras Act 2006. FRS 102 'The Financial Reporting Standaid applicable in the UK and
Republlc of Ireland C'FRS 102") and the Charilieg SORP"Awounting and Reporting by Charities.. Stslfrmonl ol
Recommended Praclieg app1Sca￿t to eharities preparing their aecounts in accordancè with the Financial
Rèportin9 Slaftdsrd applic3bJe in the UK and Rèpublic of lieland IFRS 102}" lèffeeliv8 1 January 20191. The
charitsble company is a Public Benefil Entity ¥$ defined by FRS Iwd.
The financial stslemenls are Prepa￿ in steiknng, whi¢h 1$ the luncllonal eurrency of Ihe charilable company.
Moneiary amount$ in Ihese finan¢ial st¥t¢meN$ 8re rounded to th& n&aresl £.
The financial statements have been prepared under the hislorical cost cOnven￿￿n, Imodified to irKlude the
ievaluation of fieehold properties and to Indude invesbngnl propertles and cerlain financlal Instruments at Igir
valuel. The wincipal atctsunting poIic4e3 adopted arè sel out btlow.
1.2 Golng eon¢•rN
Atthe limeof approving the financial stalamènls. Ihe Trustets have a reaGonable expeclation thal Ihe chafitabfe
company has adequate rè50urcès kn Continue in operational existenee for foreseeable lulure. Thus tho
TrustÈè5 ¢Onlin￿ to adopt IhÈ goin9 concem basis of acci)unlin9 in preparing thè finanrial slal•m8nts.
1.3 Charitsbl? funds
Unrestricted fvnd6 are available for us& at tho dlscrolion of the Tn*¢ees In furth8rancg of their charttablo
obiethes.
Reslrlcled fund5 are subieet to 5pecifi¢ ¢on(fits"ons by donors as to how they may be used. The purposes and
uses ol Ihe r•strlcted funds OVO 5gt out in the not85 to the finanrAal slalements.
Oesignated fvndg are eamiathed by th• TNstees for 5pecilk ￿pend￿lLEr8 that is required by the charltab
company.
1.4 Income
Inccffie is recogni8ed when the charitablE company is legally ent￿ed to itafterany performancecondilions have
been met, the amounts can be measured reliably, and it Is probable that 5neome will be received.
Cash donatlons are recognised on r8e8ipt. Oiher donali¢)n$ are recognlset1 once ihe charitable company ha$
been notiffièd of thè donation, unle55 perfomianel conditions requwe deleiral of thè amount. In¢om• tsx
rocoveTable In relathon lo donaliofis received undèr Gift Aid ¢K ¢Jeed¥ of covenant is fe¢ognlsed at the ty'me ol
Iho ¢Jonalion.
Legaeies are ièeagnised on ie¢eipt or olheN¥isè if the charitable company has notifièd ol an impendin9
distribubon, the amount is known, and receipt is expected. If the amount is not known. the legacy is IrÈaled as
a ¢onlingent assel.

CAMBERLEY GYMNASTICS CLUB
TRADING AS RUSHMOOR GYMNASTICS ACADEMY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED}
FOR THE YEAR ENDED 31 AUGUST 2024
Accounting pollcl•s
Icontlnuedl
1.5 Expenditure
ExpÈndTrture is tewgnisEd 0￿8 there 15 a legal orconslrvctive obligation to transler economic benefit to a thwd
pa￿, il is probable Ihal a transfer ol eronornic benefi18 wil be rèquired in settl￿￿nI. and amount tsf the
oblE9atlon can be measured reliably.
Expenrfilure 1$ C1￿51￿ed by actiwty. The cosfs of each activity are made up of Ihe lo181 of direGt costs and shared
costs. including suppori cosls involved in undertaklng each acllvlty. 01￿cl ￿$ts attribLrtable lo a single aclivity
are all¢xated directly to that activity. Shar8d Costs which conlribuie to more Ihan on8 activily and support costs
which are not attrfbulable to 8 single actNity are apportioned be￿ten those aBtNities on a besis conslstènt with
Ihe use of fesources. Central staff costs are allocated on the basis of lime spent. and depreciation charges are
allocated orb the pothon of the a¥sefs use.
I costs are allocated betsve$n expenditurè eatÈgofwas of Ihe SOFA on a ba￿S deslgrwd to r6fi8Ct the us8
of the iesource. Costs reloting lo a pwticular activity are allocaled directly.
Lrdbimles are recogrnsed as *xp￿dItyre as soon as there is a legal or constructive (knligation committsng
the charity to that expenditure, It is probable that a transfèr of economic benefrt5 wll be required in
settlomenl and thg amount of the obllgalion ¢an be measured reliably. Ey4)endituie 15 ￿￿Urtted for on èn
a¢crual8 basi$ and has been dasshfied under headings that aggrÈgaie all cost r81ated to the eateoory.
Where wsts ￿nn0t be direclly attributed lo particular headlngs, Ihey hav? been allocated to adI￿tIeS on
ba$is consistent wrth the use of msour¢e
1.6 Tanglble fixed a8s•ts
Tangible fixed assets are initially measured at cost and Subsequent￿ me88ured at cost ¢Y valu8lion. net ol
deprecialon and any impaim)ent losses.
Depreciation 1$ recognised so as to write off the cost or valuatlon of assets less their res￿Val values Over their
usoful h'v&s on Ihe fcllowing basgs..
Leasehdd improvements
Plant and equipment
Computers
Motor vehidos
10% on reducing balance
25% on re(lucing balan
25°A on reducing balanr
25% on r¢du¢ing balan
The gain or ioss aftsing on ihe dispo￿ of an as3el is determined as dNfetÉnee tse￿een Ihe sale proceed8
and the carTrin9 value ol Ihe asse( and v& recognised In Ihe stalerneTht of financial activities.
1.7 Impalmient of fixed assets
At each ￿PortIng end dale, Ihe charltable company fewiews the ¢#rrying amounts ol ils l&ngiblÉ assets lo
determinè whether there is any inthcallon ihat those as$el$ have suffwed an Impalfftent loss. 11 any suth
indication exisls. Ihe reeoveiable amount of Ihe asset is estimated in ord¢r lo dt1effj￿ne the extent of tho
impairment loss artyl.
1A Stocks
Stocks are stated atthe lowerof cost and estimated selling price lass costs to complete and sell. Cost comprises
difect materials and, where applirable, dire¢1 labpur Costs and those overheads that havo bean inouired in
bringing the slo¢k$ to their present locabon and condition. Ilems held for distribution ot no OT nornin$l
consider3tton are meas¢Jred the towÉf of replacement cost and c05t.
Nel reafisable value isthe èstimAtÈd sellng piicè jèss all Èstim#tÈd costs ol ts)mplelion 8nd costs lo be ineufféd
in markèlino, Selling and dislribution.
io-

CAMBERLEY GYMNASTICS CLUB
TRADING AS RUSHMOOR GYMNASTICS ACADEMY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUEDJ
FOR THE YEAR ENDED 31 AUGUST 2024
Accounting pollelès
(Continuedl
1.9 ￿$h and cash e4￿[vIlÉnts
Cash aNI cash equival•nts irclude cash in hand, deposlts held * rall with bat)ks, other short-teim liquid
Investm•nts with ￿lginal matuiiti•s of three months or le59, and bank overdralts. 88nk ov8rdrafts are shown
hthin borrowlngs In tur￿n{ liabililles.
8ask flnan¢ial 8ss•ts
Basic financial assets. which include deblors and rA5h and bank b31an¢e5. are Initially rnEasLtred at tran5adion
pri¢e including transaclion co$is and are subseqL¢ently canied al #mortised ¢Ds1 u5in9 Ihe effèclive inleresl
rnelhod unless the arraTrJement ￿n$tilUt￿s a finandng transaction. where th¢ transaction Is measured at the
wesent valu8 ol the future receipls discounted at a market rale of Inte￿$1. Financial assels classrfled as
receNabh withln one year ar• not amortk8¢d.
8g¥lc ffnancialliabllllles
Basie financia liabilities. including erediloTB and bank loans arè lThtially rectsgnised al tffjns¥ctlon price unless
thè a￿angement conslituies a financing transaction. where Ihe deb¢ instrument 1$ m&ssured atthe present vJuè
ol Ihe lulure payrnents dlscounted al a rnarket rale ol int•re$L F￿anCIal liabililies dassif*d as payable within
one year ar• not amortrsed.
Tradè creditors ar? oblvJations tts pay for goods or services Ih8t have been aequired in the ordinary course of
operations Irom suppliers. Amounts payabl• are classified as currenl ￿abIlItieS if payment is duewilhin one year
or less. If not, they are presented as non-cuT￿nt liabilities. Trade cTedilor5 are reco9nised Inliially at transacuon
price and subsequently MèasU￿d at amDrtiS8d eosl usw th• effeth"¥• int¢ie$t methc￿.
D•rneogni¢ion olfinanclal liabilil•e$
Flnancial liabiliiies are derecognised vthen the charllabJ* company's conlTaGtual obligations expire or are
dischatg8d or cancellEd.
1.10 Employeo benefits
The cost ol any unused holiday entthrnent is recognisèd tii Ihè peiiod which the employee's services are
received.
Twmination benefits are reco9n15ed irnmediately as an expense when the ¢hatitable company is dèmonstrably
¢omrnitted to le￿IDate Ihe ￿p10Yrnent of an ernployee or to p¥ovide termination benefits.
Crltlcal aeetsunllny •$timates and ludyem•nts
In the application ol the dlarilable Company's arthunting pokntjès. thè Tfustees are required lo make
judgemeThis. eslirn*e5 and assumptior￿ about Ihe rArying amount ttf #$sÈts and Wiablilles that are rol fèaéity
pparenl frorn Other source5. The estimates and associated assumptions are based on historical experienr
and other factors that are consideied lo be relevant. Actual r¢sults may differ frorn thesa ostimates.
Th* estimale5 and underfying aSsump￿On6 are reviewed on ongoirkg basis. Revisions io accoun1￿9
eslirnales are rèeognised in the pefiod in which the estimats Ès revised where thè rèvision affècts only Ihat
peiiod. or in the period ol the revision and fulure period5 where the revision affec45 both ajrrenl futurtr
periods.
11

CAMBERLEY GYMNASTICS CLUB
TRADING AS RUSHMOOR GYMNASTICS ACADEMY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR EAIDED 31 AUGUST 2024
Don•tion$ and logaci
lknr•striel•d Unr•¥stricteil
luttd$
funds
2024
2023
Donations and gift5
10S
105
12-

CAMBERLEY GYMNASTICS CLUB
TRADING AS RUSHMOOR GYMNASTICS ACADEMY
NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI
FOR THE YEAREIIDED 31 AUGUST2034
To￿1
1fi4urnnr•
?S3.985
2.791
55.711
15,675
99.026 44Q￿75
JJ,371
Forth*￿*r•￿d￿d JI AuHu•t2023
276,551
5,$93
41.5BS
17.943
94.392
450.371

CAMBERLEY GYMNASTICS CLUB
TRADING AS RUSHMOOR GYMNASTICS ACADEMY
NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI
FOR THE YEAR ENDED 31 AUGUST 2024
Other trading actfvltl¢$
Unrestrlctsd Unrestrlctad
funds
fvnds
2024
2023
FuThlralslng
Clothing sales
24.361
4.039
22,106
8.630
Other trading activities
28.400
30,736
Inv•stm•nts
Unr•stri¢t*d UnT¢Btricled
lunds
fund$
2024
2023
Intere81 r¢¢elvabf&
1.052
421
Raislnq funds
Unrestricted Unrestrictèd
funds
fund*
2024
2023
Fu
enses
RDS?bowl
5,428
127
5.932
Fundfai8ing
5,55S
8.J80
-14-

CAMBERLEY GYMNASTICS CLUB
TRADING AS RUSHMOOR GYMNASTICS ACADEMY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2024
Charitabb o¢livit••g
Tradlng
act5vlties
2024
Trading
a¢trvitig$
2023
Staff wsts
Purchases
Camp Èxpenses
Competition fees and expenses
Support to$ts
272.870
4.Q91
221
e.801
184.3
255.874
7.264
3.840
7,824
148,454
468.285
423.256
468,285
423,256
Support ¢0gts
Premlse$ Govomanc•
osts
ost
2024 Premises Govemanr
costs
sls
2023
DeprÈrAab'on
Insurance
Ublities
Rènt
Minibus runnlng
expensès
Running o19yrn
Bank char￿$
Property repai
Profes*onal fees
32.181
14,867
28,29S
44.480
32,181
14.867
2e.296
44.480
23.261
22,260
30.822
1.480
23.261
22.2eo
30,822
1.480
2,871
26,630
427
31,191
2.87)
28.630
427
31.191
5.359
2.14S
29,362
451
29,894
2,145
29,3e2
451
29.894
5.359
8.779
178.943
5.359
184.302
139.67S
8.77
148.454
An¥ty$ed betr￿pn
Provisiorn of gymnasfrc
fauIilie8
178,943
5,359
184.302
139.675
8.779
148.454
10 Tyustees
None of the Trustees received any remuneration or benelts from the charitabje wmpany thring year.
15-

CAMBERLEY GYMNASTICS CLUB
TRADING AS RUSHMOOR GYMNASTICS ACADEMY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDEO 31 AUGUST 2024
11 Empl¢ryoo¥
The average monthly nurnber of employees during th* ye?Iw8s.'
2024
Numb•r
2023
Number
Coxhing
Employrnent costs
2024
2023
Wages and salarfes
272.870
255.874
The￿ were no ernployges whose annual remuneration wo$ £60,000 or mor¢.
12 Taxation
The chaTrty is èxempt from tax on incorne and gains falling Within section 505 of the Taxès Act 1988 or S￿lI0n
252 of the Taxation of Chatgèablè GainsAct 1992 to the extent that these are applled to ils charitable objects.
13 Tanglbk fix•d #s$¢ts
LeL8ehold
Improvemeni8
Plarrt and
equiphtrnt
CompuhvsMotor￿hICl0#
Toial
Cost
Al 1 September 2023
Additlon$
369.692
422,042
54.448
49.464
24,819
866,017
54.448
Al 31 August 2024
359.692
476,490
49,464
24,819
920,465
Depreciation and imp•irn?ent
Al I September 2023
Depreciation ch8r9ed irt th¢ year
302.273
8,742
378,028
24,616
46,358
776
24.632
47
751.288
32.181
At 31 Au9iESt 2024
309,015
402.642
47.134
24,679
783.469
Carrying amount
At 31 Augu512024
60.877
n.848
2,329
140
136,994
Al 31 August 2023
67,419
44,017
3,105
187
114.729
14 Stock8
2024
2023
st￿ks
300

CAMBERLEY GYMNASTICS CLUB
TRADING AS RUSHMOOR GYMNASTICS ACADEMY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2024
15 Creditors: amounts falllng wlthln one y*ar
2024
2023
Other creditors
Accru￿& and deferred Income
82.832
104.990
82.832
81,992
187,822
144,824
16 R•tlrement b?n•fit $cheme5
The charitable company 4)eralès A defined contributltsrn pension sthemè for all qualfying amployees. The
assets ol the schemo are he￿j 5èp8rotety froffl Ihose ol the charitsble company in an Independenuy
adrninister¢d fund.
17 Anoty$i$ of net #s¥ets bebveen fvndo
Unrgstrictsd Rostricted
funds
fund8
2024
2024
Total U1}T￿trICt$￿ Restrirted
funds
funds
2023
2023
Tolal
2024
2023
Fund balaneès at 31
A¥9USt 2023 aro
represented by-.
Tangible a6sets
cul￿nI asseisllliablitiesl
94,037
348,039
42.957
136,994
348.039
71.772
374.218
42.957
114.729
374,218
442,078
42.957
485,033
445.990
42.957
488,947
18 R•lated party tran$a¢tlons
There weie no dlsdosabl¢ relalÈd party tran$adions during ye#T12023- nDrt&).
19 Cash gènerat￿ Irom op•patlons
2024
2023
Surpluslld8friV for the year
13,9131
50,187
Adiustmènts for."
Investmenl income recognised in statem8nt of finandèl advhlas
Depratyali¢n arKI impairment of tangible fwed assets
11,05211
32,181
14211
23,281
Movèments in WOTkhng cawlal..
Increa59 in credrtotS
43.000
$4,822
Cash generatsd from o￿tatI•M$
70.216
127,849
20 Analysls of chang9¥ In net funds
The charilable company had no debt during thè year.
17

CAMBERLEY GYMNASTICS CLUB
TRADING AS RUSHMOOR GYMNASTICS ACADEMY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUEQI
FOR THE YEAR ENDED 31 AUGUST 2024
21 Dg¥ignatsd resolve?
GeTheTal ReseNes are hekl to eoverthe posslblllly of luture funding shortfalls. At 31 Augusl 2024 they stood at
É218,400 (2023 £175,571) aG¢ount lo approximately 4 rnonths total ekpenditure to ensur& the
sustainability of 4￿mIleS for our members.
1 Sèpt
hryovement In Fund5
31 Au9USt
2023
Incom•
Spend
2024
Restrfcted R•sorv&s
Building Extension
42.SS7
42.967
Totsl Restricted R￿r¥
42,9S7
419S7
Unrnstricted ResèN•s
Dv4ignated R•sèrv•s
Employment conlingortcy
58,000
67,419
40.OOD
58.000
Leasehtsld Improvements
6.742
80.677
New FloorArea
40,000
Gym replacEment equlprnent 20,000
Rool repalr projec4
30.000
inibus Repla¢ement
20.000
30,000
5S.000
55.000
Total 0951gnated RKerves 270.419
Ggneral Reserve$
46.742
223,677
175,5r1
42,828
218.399
Total Unyestrlctèd Reserv•$
445,990
42.828
46.742
442.076
TOTAL FUNDS
488,947
42.828
6.742
485,033
18-

CAMBERLEY GYMNASTICS CLUB
TRADING AS RUSHMOOR GYMNASTICS ACADEMY
NOTES TO THE FINANCIAL STATEMENTS ICONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2024
22 Income Share Rent Adjustment
In 4¢¢ordance wllh the tems of the RGA'$ Lease of 115 premlses from RushmooT Borough Councll the
Income Share cakulat￿n for the A¢¢ounting Pefiod to the 3111 August 2024 15 aB fullows:
Tumover
£469.927
Le￿..
DonaiionslGifts
£NIL
Grants
£NIL
Fundralslng Ivoluntary activities ntst merehandisingl
£24,361
Spon8or8hip
£. NIL
1£24.3611
Less.. Sufplus income
Threshold using Bank ot England basè rate
1£518.6101
SURPLUS INCOME:
1£73,0441
Addillonal rent paYa￿e {10% of Surp￿$1..
£ NIL
19-