REGISTERED CHARITY NUMBER: 512109 Report of the Trustees and Unaudited Financlal Statements for Ihe Year Ended 31st August 2024 for Crewe & Nantwleh GymnAStits & Communities Activilies Assoeiation Hardings Chartered Accountants 6 Marsh Parade Newcastle-under-Lyme Staffordshire ST5 IDU
Crewe & Nantivich Gymnastics & Communltles Activities Assoelation Contents of the Flnancial Statements for the Year Ended 31st August 2024 Page Reference and Administratlve Detailg Report of the Trustees 2 to 6 Independent Examlner's Report Statement of Flnanelal Activities Balanee Sheet Not¢J to the Flnancial Statements 10 to 16 Detailed Statement of Flnancial Activltles 17
Crewe & Nantwich Gymnastics & Communities Activities Association Reference 2nd Adminlstr2tive Details for the Year Ended 31st August 2024 Trustees MT S Deeley Chair MTS C Hughes Treasur¢r Mrs M Hazell Secretary Mr P Hazell Vice Chair Prfineipal address The Camm Street Centre Camm Street Crewe Cheshire CW2 7DN Reglstered charity number 512109 Independent cxamlner Hardings Chartered Accountants 6 Marsh Parade Newcastle-under.Lyrne Slaffordshire ST5 IDU Page I
Crewe & Nantwieh Gymnasties & Communities Aetlvities Association Report of the Trustees for the Year Ended 31st August 2024 The tStee5 present their report with the financial statements of the charity for the year ended 31 st August 2024. The trustees have adopted the provisions of Accounting and Reporting by Chariti¢s'. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with th¢ Fiinancial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019). Objectives and activities Objectives and aims It is our intention to provide opportunities for all especially in gymnastics wherc we have a depth of experience and reputation. We are well established in the community and provide adult fitness and well-being programmes through our personal trainers providing programmes and one to one support where necessary. With the growth in attention in adult health and wellbeing, we believe we are well placed to take advantage of this opportunity. We provide specifi¢ facilities for ethnic minorities, with a wornen only fimess area and focused training infonnation in several of the locally based languages. Our long terni aim is to continue our contribution to the community and io add to the success of all our gymnasts who have passed through including the many who have grown from gymnasts to coaches. We have provided a support lo education in the borough for many years, and continue to do so through visiting primary schools on a regular basis, helping to introduce a scheme of fitness and gymnastics skills with the assistance of th¢ staff of the school and thereby contributing to improving staff awareness and participation in sport by the children. Our volunte¢rs contribute massivcly to the running of thc ccntrc, without thcir support we would not be able to provide the quality of coaching at the minimal cost level. Other sports clubs rent space from thc charity to provide a similar service. We also provid¢ fitncss facilitie5 for adults including dietary inforniation. We are reaching out to other sports and charitable organisation to consider how we might be of help to their organisations. We have invested money in researching the viability of moving the centre to a ncw property, which has always been a long tcm aim. The report , written by Acl'ive Cheshire, independently demonstrated thc necd for our service provision in the local area. returning scores in the upper quartile on all key parameters. During this financial year we have continued to work closely with local council and health authorities and have further progressed our development of a plan to move and rebuild. Page 2
Crewe & Nantwich Gymnastics & Communities Aetivities Association Report of the Trustees for the Year Ended 31st August 2024 Aehievement and performance By ensuring the fees are kept to a minimum. the usage of the fitness areas of the gym have increased which together with room rental has ensured a contribution to the heiilth and well being of the population of Crewe and Nantwich. We have incre&sed th¢ number of our personal trainers and developed a range of individual training options linked to health programmes. We have significantly improved participation from ethnic ininorities by d¢veloping our Women only section and encouraged links with the local Polish and Easl Timor populalions, with increiising usage resull'ing from our efforts. Gymnastics has continued lo be successful, over 400 gymnasts have attendcd the club, often more than once per week and for over 15 hours per week for higher level individuals.'fhe numbers have reduced a5 a result of Covid, however, there are signs of a return to previous level of participation. After over 40 years of tradin& we now are welcoming second generation users to the centre. We have representatives of the European Team gym team attending the club together with the Women's, Artistic British Disabilities Champion Involvement in local, regional and national gymnastics compclition5 conlribute to the children gaining confidence in their own abilities. We aim to give every child Ihe opportunity to attcnd a coinpetition and hold intemal challenges to ensure all gymnasts gain an achievement and have a record of progress in the sport. The 'feam Gyin section continued to grow with success at the English and British finals. This is a growing area of British Gymnastics and it is satisfying that we are in the first stages of developinent of an exciting new area in the sport. The Chrislrnas open sessions wer¢ enjoyed by over 400 spectalors in three sessions. 11 is a gala celebration of the achievements of every group of gymnasls throughout thc club and is a fitting climax to the year. In Summary.. we have actively incrcased our linkages with local charities and key opinion formers in the community, building ihc basis for investment in rclocation. Financial review Principal funding sources I'he year's results are still showing signs of the effect of post Covid concerns but we arc now more significantly affected by the double digit increases in our main cosls of wages (driven by the increase in minimum wage), utilities and insurance. We have continued to service the interest and capital r¢payrnenl of thc bounce back loan, and the P&L shows a gain of £17. We have invested in nearly £20,000 of Capital equipment for both gymnaslics and fitncss areas, Investment policy And objectives The trustees are empowered by the drti¢les of memorandum to b¢ abl¢ to invest and divest the charity of fixed as5et5. They also have the power to raise loans against the freehold of the property. There have been a small number of investmenls in new equipment. It 15 the policy to consider all clements of an investment with respect to cost, longevity and whole life costs, alignment with the article of memorandum, environmental impact, safety and continuity of supply. Reserves polley for future periods The charity has the intenlion too increase the reserve fund to £30,000 to fund unforesccn cxpenditure. Covid and post Covid issues such as energy inflation have styiiiied this targct but wc cxpccted io bc rclurning to ihis target within the forthcoming years. Page 3
Crewe & Nantwich Gymnasties & Communities Activities Association Report of the Trustees for the YcY4r Endcd 31st August 2024 Structure? governance and management Governing document (CNGCAA) is registered as a charity (5 L2109) and is open to anyone who wishes to lake advantage of the facilities, in exchange of a rninimal sessional payment currently set at £1.50 for some low level exercise classes. The articles of administration cover all aspects of the charity, the main object being as stated below: The objective of the association shall be: a) to promote the benefit of the inhabitants of Crewe and Nantwich without distinction of sex or political, religious or other opinions by associating the local authorities, voluntary organisations and itthabitants in a comrnon effort to advance education and to provide facilities in the interests of social welfare for the recreation and leisure time occupation with the objective of improving the condition of life for Ihe said inhabitants. b) To ¢5tablish and maintain a centre for the promotion of the above objectives. c) to advance the physical education and development of young persons under eighteen years of agc and to ensure the development and occupation of their mind5 and the organisation or provision or asslstance in the organisation or provision of facilities for physical recreation for such young persons in the interesls of Social welfare within the area of benefit. In summary, we look to provide facilities for everyone to participatc in physTcal activity to maintain and improve their well-being with a specific intercst in developing an enjoyment for sport in childrcn of all abililics. Reerultment and appointment of new trustees The AGM is nonnally hcld in November each year and all trustees must apply for re-election every year. All aspects of the charity will be controlled under the CIO rules. All members are encouraged to altend the AGM, and anyonc is cligible to sland wilh thc cxception that partners of employed staff cannot be management trustees. Page 4
Crewe & Nantwich Gymnastics & Communities Activitle5 Association Report of the Trustees for the Year Ended 31st August 2024 Struetureg goverThsnce and management Organisational strueture The tntstees meet monthly (in a similar manner to a board meeting) to discuss the past and future perfornmnce and plans of the centre. There is a structured framework to the meeting based on a standard agenda with periodic additions at times such as annual appraisals. Each trustee takes a responsibility for an area of the centre, covering finance, wages, maintenance, the gymnastics area and the fitness section with reception. At each meeting there is a report on any significant issues which have occutTed during the previous month and ilems that may need to be addressed going forwards. Minutes ar¢ taken of every meeting and reviewed at subsequent meetings. There are two secondary rnonthly meeting between two trustees and the senior meinbers of staff, chaired by the chairnian, again with a 5tructurcd agenda covering.. l) HeaIth and Safety including accident reports and equipment reviews and any welfare issues, 2) Financial perfonnance 3) Staffing elements such as recruitmcnt and training 4) Repairs, renewals and maintcnance, 5) Customer numbers and feedback received during the month 6) Planned purchases of equipment 7) Competitions and other similar activities such as display days. There are senior employees for both gymnastics and non-gymnastics arcas present at the mecting: onc of which primarily covers gymnastics the other fitncss and related items such as maintenance. Financial transactions through card payments or bank transfcrs are controlled by thc chair and trcasurer. All investment spcnd is authorised through the trustces committec, and all running expenditure is cleared via either the treasurer or chair. There is an appointed welfare officer who is fully trained in child support and is independent of the centre stsff. Two trustees have also received welfarc training. All gymnastics activities are under the guidelines of British Gymnastics, and all members are insurcd I'hrough British gymnastics. All officers and employces who have contact with gymnasts have DBS clearance. Previously the Whyte report was being published. This has now gone live and we can confirm that we comply with all aspects of the report plus the further guidance from British Gymnastics. This is an ongoing process and wc rcspcct the guidance from British Gymnastics when new procedures are published. Induction And training of new trustoes Trustees are appointed to the committee based on the needs for skills, We encourage new trustees to make themselves aware of all aspects of the association before voluntcering for nomination. Trustees spend some time with each of the aTeas An the centre, meeting staff and gaining an appreciation of their respective roles. New trustees are briefed on the following.. l) The obligations of trustee5 under charity and COTnpany law including the opera(ional framework aT]d regulations within the structure of the charity and with reference to the Memorandum and Articles of Association. 2) The business plan and the last 12 months accounts with any salient points and how the present and future plans are linked to the financial perforniance. 3) The staff appraisal scheme and the inter-linkage between the aspirations of the charity and how roles within the r.nmpany biiild Tntn the, fiihire, plans. Pagc 5
Crewe & Nantwich Gymnastics & Communities Activities Association Report of the Trustees for the Year Ended 31st August 2024 Strueturey governance and management Related parties The charity has a long standing link with the local council (Cr¢w¢ and Nantwich Borough Council - which changed to Cheshire East during 2009).Through a service level agrcement th¢ charity wurks in the community introducing children to gymnastics through schools visits al all ages and skill levels. We organise competitions where schools from the area are invited. They are enthusiastically supported by up to 10 schools and a total of 110 children. For adults, we have also created links with residential homes and have recently started fitness programmes for those who have Mobility iirnitation. These have increased in popularity and contribute to our community activities. As a result of our increascd aclivities toward5 relocating we have furthercd our links with Crewe Town council and local MP, and have maintained our connection with the local Chamber of Commerc¢. Risk management The committee has put in place all rcquirements for Health and Safety together with fire evacuation procedures. Limits are put on total numbers in thc ccntre at any one time.Weekly checks of the effecliveness of the alami system are undertaken. Daily checks of escape routes and weekly ohe¢ks on all equipment are fornially recorded. We also have an independent annual inspection of all gymnastics cquipment. The charity has been in existence for over 40 years and the major financial risk is that of competitive activity in the health sector and gymnastics areas. To compete we must offer a servi¢c which is signifiLantly different. We offer a wide range of fitness facilities for all ages and gender and 5UPPOrt this with wcll traincd personal instructors who monitor all participants on a regular basis. Gymnastically, wc providc tailored triiining from prcschool to adult and pride ourselves on integrating all abilil'ies and giving cqual access to all. We believe that succcss in competition across a wide front, together with increasing involvement with higher echelons of the UK gymnastics infrastructure is a key part of our strategy. We are conscious of the need to build resilience into the finances and over the last twelve months, we the have assessed all major areas of spend and have restructured to improve the financial situation, however the significant increase in minimum wage and doubling of utility bills have not helped our crealion of rescrves. Approved by order of the board of trustees on ,.........,...,..,.,,.,..,,.................. and signed on its bchalf by: Mr S Deeley - Trustee Page 6
Independent Examiner's Report to the Trustees of Crewe & Nantwich Gymnasties & Communities Activities Association Independent examiner's report to the trustees of Crewe & Nantwieh Gymnasties & community Activities Association I report to the charity trustees on my exatnination of thc accounts of Crewe & Nanlwich GnnastiCS & Communities Activities Association (the Trust) for the year ended 31 st August 2024. Responsibilities and bvdsis of report As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordanoe with the requirements of th¢ Charities Act 2011 ('the Act,). I report in respect of my examination ofthe Trust's accounts carried out under Section 145 of the Act and in ¢arying out my exarnination I have followcd all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act. Independent examiner's statement I have completed my examination. I confirni that no malerial malters havc come to my attcntion in connection with the examination giving me cause to believe that in any material re5pect- accounting records were not kept in respect of the Trust as required by Section 130 of the Act. or the accounts do not accord with those records. or the accounts do not comply with the applicable requirements conceming the forni and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 oth¢r than any rcquirement that the accounts giv¢ a true and fair view which is not a matter considercd as part of an indcpendcnt examination. I havc no concerns and have come across no olher rnatters in connection with the examination to which attention should be drawn in this report in order tu enable a proper understanding of the accounts to bc rcached. Timothy McNeal FCA Hardings Chartered Accountants 6 Marsh Parade Newcastle-under-Lyrne Staffordshire ST5 IDU 5th June 2025 Page 7
Crewe & Nantwich Gymnastics & Communities Activities Association Statement of Financial Activitles for the Year Ended 31st August 2024 3118124 Total funds 3118123 Total funds Unrestricted fund Restricted fund Nol Income and endowments from Donations and legacies 15,000 15,000 Other trading activities Investment income 218,973 21 13,058 232,031 21 208,904 Total 218,994 28,058 247,052 208,922 xpenditure on Raising funds 226,046 3,277 229,323 221,661 NET INCOMEI(EXPENDITURE) Transfers between funds (7,052) 9,23 I 24,781 (9,231) 17,729 (12,739) 14 Net movement in funds 2,179 15,550 17,729 (12,739) Reconciliation of funds Total funds brought forward (24,890) 223,083 198,193 210,932 Total fund5 carried forivard (22,711) 238,633 215,922 198,193 The notes form part of these financial statements Page 8
Crewe & Nantwich Gymnastics & Communities Activities Association Balance Sheet 31st August 2024 3118124 Total funds 31ll3 Total funds Unrestricted fund Restricted fund Notes Fixed assets Tangible assets 72,207 2J8.633 310,840 J02,562 Current assets Stocks Debtors Cash at bank and in hand 313 1,841 3,828 313 1,841 3,828 318 1,819 2,391 io 5,982 5,982 4,528 Credltors Amounts falling due within one year (42,950) (42,950) (37,991) Net current #$$ets (36,968) (36,968) (33,463) Total assets less current liabilities 35,239 238,633 273,872 269,099 Creditors Arnounts falling due after more than one year 12 (57,950) (57,950) (70,906) NET ASSETS (22.711) 238,633 215,922 198,193 Funds Unrestricted fimds Restricted funds 14 (22,711) 238,633 (24,890) 223,083 Total funds 215,922 198,193 The financial statements were approved by the Board of Trustces and aulhorised for issue and were signed on its behalf by: on Mr S Deeley- Trustee The notes forni part of these financial statements Page 9
Crewe & Nantwich Gymnastics & Communlties Aetivlties Association Notes to the Financial Statements for the Year Ended 31st August 2024 Accounting policies Basis of preparing the financial statements The financial statements of the charity, which is a public ben¢fLt entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019),, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. Income All income is recognised in the Statement of Financial Activitics once the charity has cntitlement to the fimds, it is probable that the income will be received and the amount can be measured reliably. Expenditure Liabilities are recogni5ed as expenditure as soon as there is a legal or constTUCtive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be m¢asur¢d r¢liably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allucated to activities on a basis consistent with the use of resources. Tangible fixed Assets Deprcciation is provided at the following annual rates in order to write off c&ch a55et over its estimated use1 life. Freehold property rixtures, fittings & equiprnent over the expected useful economic life 15 % on rcducing balance Stocks Stocks are valued at the lower of c05t and net realisable value, aftcr making due allowance for obsolete and slow moving items, Taxatlon The charity is exempt frorn tax on its charitable actlVLties. Fund accounting Unrestricted fund5 can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restrTcted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposcs. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. Page 10 continued...
Crewe & Nantwich Gymnastics & Communities Activities Association Notes to the Financial S¢atcments- continued for the Year Ended 31st August 2024 Other trading activitles 3118124 3118ll3 Donations & fundraising events Shop sales Fees Room letting 17,907 1,057 212,502 565 2,239 1,149 205,348 168 232,031 208,904 Investment income 3118124 3118123 Deposit account interesr 21 18 RA151ng funds Ralsing donallon5 and legacies 3118124 3118123 Support costs 229,269 220,819 Trustees, remuneratfion and benefits There were no trustees, remuneration or other benefits for the year cndcd 3 1st August 2024 nor for the year ended 31 st August 2023. Tru5tees' expenses There were no trustees, expenses paid for the year cndcd 31st August 2024 nor for the year ended 3 1st August 2023, Stsff costs The average monthly number of employees during the year was as follows: 3118124 21 3118123 21 Staff No employees received emoluments in excess of £60,000. Page 11 ontinued...
Crewe & Nantivich Gymnastics & Communities Activities Assoelatlon Notes to the Finanelal Statements - eontinued for the Year Ended 31st August 2024 Comparatives for the statement of financial aetivities Unrestricted fund Restricted fund Total funds Income and endoivments from Other trdding activities Investment income 208,904 18 208,904 18 Totsl 208,922 208,922 Expenditure on Raising funds 219,533 2,128 221,661 NET INCOMEI(EXPENDITURE) (10,611) (2,128) (12,739) Reconciliation of funds Total ndS brought forward (14,279) 225,211 210,932 Total funds carried forivard (24,890) 223,083 198,193 Tangible fixed assets Fixtures, fittings & equipment Freehold property Totals Cost At l st Septembcr 2023 Additions 280,783 378,133 18,513 658,916 18,513 At 3 1st August 2024 280,783 396,646 677,429 Depreelatlon At 1st September 2023 Charge for year 28,292 1,055 328,062 9,180 356,354 10,235 At 3 1st August 2024 29,347 337,242 366,589 Net book value At 3 1st August 2024 251,436 59,404 310,840 At 3 1st August 2023 252,491 50,071 302,562 Page 12 continued,..
Crewe & Nantwich Gymnastics & Communities Activities Association Notes to the Financial Statements- continued for the Year Ended 31st August 2024 Stocks 3118124 3118123 Stocks 313 318 io. Debtors: amounts falling due within one year 3118124 3118123 Trade debtors Other debtors VAT 1,185 513 143 1,690 124 1,841 1,819 ii. Credltors: amounts falling due within one year 3118n4 3118123 Bank loans and overdrafts (sec note 13) Trade creditors Taxation and social security Other creditors 14,431 3,873 15,636 9,010 14,431 6,952 8,362 8,246 42,950 37,991 12. Creditors: amounts ffilling due after more than one year 3118124 3118123 Bank loans (see note 13) 57,950 70,906 13. Loans An analysi5 of the maturity of loans is givcn below: 3118124 3118123 Amounts falling due within one year on demand.. Bank loans 14,431 14,431 Amounts falling betwecn one and two years: Bank loans - 1-2 years 14,624 14,624 Amounts falling due between two and five years: Bank loans - 2-5 years 43,326 56,282 Page 13 continued...
Crewe & Nantwich Gymnastics & Communities Aetlvfities Association Notes to the Financial Statements - continued for the Year Ended 31st August 2024 14. Movement in funds Nct movement in funds Transfers between funds At 3118124 At 119123 Unrestricted funds General fund (24,890) (7,052) 9.231 (22,71 l) Restrlcted funds 223.083 24,781 (9,231) 238.633 TOTAL FUNDS 198,193 17,729 215,922 Net movement in funds, included in the above arc as follows: Incorning resources Rcsourccs expended Movement in fund$ Unrestricted funds General fund 218,994 (226,046) (7,052) Restrlcted funds Other 28,058 (3,277) 24,781 TOTAL FUNDS 247,052 (229,323) 17,729 Comparatlves for movement in funds Net rnovcment in funds At 3118123 At 119ll2 Unrcstricted fund5 General fund (14,279) (10,611) (24,890) Restricted funds Other 225,211 (2,128) 223,083 TOTAL FUNDS 210,932 (12,739) 198,193 Page 14 continued...
Crewe & Nantwich Gymnastics & Communitles Activities Association Notes to the Financial Statements- continued for the Year Ended 315t August 2024 14. Movement in funds- continued Comparative net movement in funds, included in the above are as follows.. Incorning resources Rc50urces expendcd Movement in funds Unrestricted funds General fvnd 208,922 (219,533) (10,611) Restrieted funds Other (2,128) (2,128) TOTAL FUNDS 208.()22 (221,661) (12,739) A current year 12 months and prior year 12 months Combined position is as follows: Net movement in fund5 Transfers between funds At 3118124 At 119122 Unrcstrleted funds General fund (14,279) (17,663) 9,231 (22,711) Restricted funds Other 225,211 22,653 (9,231) 238,633 TOTAL FUNDS 210,932 4,990 215,922 A current year 12 months and prior year 12 months combined nel Inovement in fijnds, included in the above are as follows.. Incoming resources Rcsources expended Movement in funds Unrestricted funds General fund 427,916 (445,579) (17,663) Reslrieted funds Other 28,058 (5,405) 22,653 TOTAL FUNDS 455.974 (450,984) 4,990 Page 15 ¢ontinued...
Crewe & Nantwjeh Gymnastics & Communities Activitles Association Notes to the Flllancial Statements- continued for the YeAr Ended 31st August 2024 15. Related party disclosures There were no related paty transactions for the year ended 31 st August 2024. Page 16
Crewe & Nantwieh Gymnastics & Communities Activities Association Detailed Statement of Financial Aetivities for the Year Ended 31st August 2024 3118124 3118123 Income and endowments Donations and legacies Grants 15,000 Other trading activities Donations & fundraising events Shop sales Fees Room letting 17,907 1,057 212,502 565 2.239 1,149 205,348 168 232,031 208,904 Investment Ineome Deposit account interest 21 18 Total Incomlng resources 247,052 208,922 Expenditure Other trading activitles Purchases 54 842 Support costs Management Wages Rates and water Insurance Light and heat Telephone Printing, postage, stationery and advertising Cleaning and sundries Travel expenses Repairs, r¢newals and maintenance Coaching Gymnastics expenses Depreciation of tangible and heritage assets Bank interest and charges Loan interest 149,770 7,503 9,451 12,549 877 307 5,448 600 10,274 6,778 5,969 10,235 2,436 3,486 l52,611 7.331 6,304 13,619 887 1,000 5,330 5,941 9,940 10,017 2,348 2,701 225,683 218,029 Governance c05t$ Accountancy and legal fees 3,586 2,790 Total resources expended 229,323 221,661 Net ineomel(expenditure) 17,729 (12,739) This page does not fonn part of the statutory financial statements Page 17