THE CAROUSEL SCHOOL OF GYMNASTICS
UNrr2A BYRON WORKS. RUSSELL CARDEN&
WICK LANL ￿CKF0RD. ESSEX
Oitgisternl Charity No:.
TRUSTEES REPORT
Af4D FINANCIALsfATEMETrrrs
FOR THE YEAR ENDED 31 I￿￿1CH 21)21

ThE CAROUSEL SCHOOL OF GYI¥ThAsrics
ANNUAL REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 March 2021
The Carousel Sthool of Gymn&8tiC6 is constit￿ed by De￿ of Trust and is a re8i#ered dwity. No. 803483. Its address
15'.-
Unit 2A Byron Works. Rus8¢11 Wickfor4 E&fex SSII 8QG
The charity trustees during the year to 31 Marth 2021 wet¢:_
Jean Mor
Mr William Harvey
The object of thedwity rnains the same-to provide 8 gymtwtics facility foryoung wple ensuring attention is
giv￿ to th¢ physical education of th¢ pupil$ in th¢ interests of social welfar4 tO8ether with tcam spiritand a sense of
b¢longing. The CUTr¢nt emphasis IxÉng artistic and r￿reational sYn￿aStI￿.
The charity is mainly dep¢ndent on membeT5hip sub5¢riptions togdhtt with th¢ hiring ¢)ut ofthe premises for IOLXI
groups including Home tslucation and School wups. Fwidrnising i$ Also $ignifJ¢4nL
Th¢ s¢hool has h]￿lY qualified coach¢5 to t¢ath th¢ gymnfftsts and encoura8es ex*ymn&sts to stay inthe sport and tskc
¢oachingfJudging qualifi¢atKons. All our maches are qualified and have bern DBS chtckcd ar￿ all have a firstaid
c¢rtifiute and attend Safrguarding and prot#ting children courses.
Membership ts at all-time high 8nd a very lon8 waiting list is being hel
A cornmittee elrftyl by th¢ membership at an Annua] Go)era] Meeting held every April ma¥y the day to day runnit
of the sthool, howev¢r volunteers to join the committe¢ ar¢ becoming increasingly hard to find.
The thol continues to pr£￿￿¢ su¢¢essFul 8ymJJ&sts at County. Regiona] and Natiorml Leve]. We regularty a)ter all
levels of children in team co¥ryebtions and frI￿dIY events with other clubs. The club wa5 unable to hold our Annual
Club Competition for all ¢hilthen in the club due to the current COVID 19 partdemi¢ and all activities within the club
have been affe¢￿j by this. We managed to hold our AGM and y]thou8h attendan￿ was offered thr(￿gh zoom the
members voted to have it in person. We rcceÉved fi5rlou&h paym¢nts and Grants from CM)vernment which have helped
us to r¢thtn wound 75Yo of our Staff and Mt ¢t¢.
We contirt￿¢ to receive a small grant from the Jack P¢tchry Foundation awdin recO￿ls[￿8th08e children that have
made a positive contribution to the s¢hool.
Duringthe pandanic w¢ )￿tified the need for much larger premises. A unÈt b￿￿¢ available in Ro¢hford that w¢ ar¢
trying to agree sizenease for the end of the year.
We c￿￿￿Y have 18 employ¢¢4 three of which are full time staff.
I will be eontinuing a5 a tru5tre forth¢ foreseeable futhre" however. we are stnLgg]ffing to recruit anothertrustee.
W¢ have also Set up anew Businw Ltmited by guaratrttt'C8rousd Gymnastic5 Limited,. AdaTTJ Lovatt has agreed to
be & TrusteolDircctor in this new ¢ompony, which we will be applying ￿ Charitable status as 500n as the Charity
Commission is allowing tx¢w registrdtions. Atwhich pointall artiviti¢5 will be transf¢Fr¢d ov¢r.
The Ind¢pend¢nt Examiner i5 Mr A R Wenden FCCA, of Messrs Elliot¥ Mortlocl & Co Limited, Chartered
Certified AcKountaTrt4 of12 High StreeL Stsnford le H¢)p¢, Essex SS17 OEY.
The ehtirity's bankers are Lloyds Bank * B*sildon. Essex.
Mra Morga
On belMlf of the Boanl of Thjstees of The Carou*l Sclv)ol of GYM￿tics
Pag¢ I

INDEPEIWENf EXAMENER'S REPORT
TO THE TRUSTELS OF
THE CAROUSEL SCHOOL OF GYMNASTICS
I report on the ac¢ounts of the So¢tety for th¢ year 31 Marcll 2021 which are s¢t outon pages 3 to 6.
R￿p￿tIVe r¢s￿￿$1￿111*1t& of trustees and uaminer
Th¢ charity's tr￿teeS r¢sponsibl¢ for the preparation of th¢ ac¢ounts. The eharity's tru5tetS COll5i{lerth￿ an audit 1$
t)ot required for this year under section 144(2) of the Ch8rities Act 2011 (the 2011 Act) and that an inde￿dent
¢xamination is needed.
It is rny rwonsibility to..
Examine the accou[￿ under se¢tion t45 of the 2011 knL'
To follow the procedures laid in the GencTa] Dire¢tioos givu by the Charity Cotmnissioner wider
s￿tIOn 145(5Kb) of the 2011 Aci. and
To stste whether par(icul8rmott¢rs have come to my attentio
Basis of indtpeDdeDteA&tniner s ststemeDt
My &Kamination was carria out in accordan¢e with General Dtrection$ given by the Charity Commi￿10A¢r.
¢xamination includes a review of th¢ aC￿U￿b￿8 ￿CordS kept by the tharity and a comparison of the accounts presented
with those re¢ords. It ttlso iTKludes ¢onsyd¢txtton of any unusual items or disclosLwes in the account4 aTkd th¢ s¢¢kitJ8
xplanatÉons from you &8 tn￿te¢S concerning any such Tnattcrs. The procedures Ut￿ertaken do not wovide all the
eviden¢¢ that would be requira in an ￿di( 8nd consequently no opinion is given as to whtther th¢ aw)unts a Inte
and f8irview" and the 1$ limittd to those rnatters s¢t out in the staternent Wow.
llldependent ex•mtn•r'$ ststemettt
(l) which gives me regsothle cause to bdi¢ve tha( in any material ￿5￿Cl the r4uirementv.
to kew a¢￿vnting record5 in acco￿11￿¢¢ with stction 130 of th¢ 2011 Ath. and
to prepare ac¢owits whieh accord with th¢ accoutiting records Ind to comply with the aCco￿ting
requirtmerrts of the 2011 Act have not been md. or
(2) to whicK in my optnior4 attottion should be drawn in order to ¢nabl¢ • pr(y¢r unduthding of the acrA)usJts to b¢
rea¢hed.
12 High Street
Stanford le Hope
Ess¢x
SS17 OEY
A R Wend¢n, FCCA
Ellioffj m•rt1*K￿ Busby & Co Limitsd
Ch8rtered Certifid kn¢(wntÉrtts

THE CAROUSEL SCHOOL OF GYMNASTICS
srATEMENT OF FINANCIAL ACnVITIES
FOR THE YEAR ENDBD 31 MARCH 2021
2021
2020
Incoming Resourc¢8
Members fees rec£ived
Hall hire etc.
Fulld r&ising receipts
BaT￿ dq)osit a¢¢ount interest
Donatiorts
Grants
1115826
870
2,759
47
185,378
2,971
10,07]
71
350
7JO
Total In¢omTrbg R￿U￿ree8
234
Resovr¢¢s Expended
Fund raisiTtg exp¢nses
National Insuranee
P¢n510rts
Rent and s¢rvtce charge
lJ73
1787
1535
16258
3*14
3,765
1.614
16a93
3,632
Insurdnce
Lighting and beating
Postage, stsliotwy and advertisin8
Tel¢phon¢
Subs¢ripiions
CoaGhing f¢e5 and expenses
Repairs 8t￿ renewa]$
Bank charges
Affiliation f￿3
Ind¢￿￿ent examination ft¢s
c]￿lIng
Course fees
l£gal f¢es
G¢ttern] expcn5¢5
2J47
3th79
5,578
812
1,601
7911
118ffj45
2.797
227
J,613
2.469
281
3.088
53
110290
949
lJ14
S617
358
154,408
169,912
Depreeiation
11th39
11229
c¢ Costs- L4>#rt intsre8t
Totsl Re80urees Exp¢nded
Net Incomittg Resources
64576
14523
Reconciliation of Funds
Tot81 Futtd$ brougbt fDrw*rd xt l April 2020
Totsl c&rTitd forward atjl Mareh 2021
£432
The notes onpage5 5 to 6forniFwt oftlwe Accounts.

ThE CAROUSEL SCHOOL OF GYNll¥ASTICS
BALANCE SHEET AT 31 MARCH 2021
No¢¢s
21ni
2020
239,981
251ffj20
curr¢￿tAS$ets
Stttk
4JSi
Expctts¢S Poid in ￿VanCe
U116
&593
Cath * bank
. deposit a￿Unts
229J39
15&969
21,736
Cash itt hartd
67D
273
CYedStorn: Amounts fallimg dut withitt ontyear
Accruals
1116
Creditor
7.728
8,674
Bank loan
173
17
Net Current Assets
255J18
185 476
495,499
437,096
Creditora: Arno4￿ts Falilng due after one year
Bank loan
Net A&4ets
£432
RepreseÈ)t¢d by:"
ds of thtchgrity
UnJYBtricted Ine•me F￿￿d$
Gene]31 purposes fund
£432J03
67 927
Sean Morgan
For ond on behalf of th¢ Boafd of Trustees

THE CAROUSEL SCHOOL OF GYMNASTI(
NOTES TO TIIE ACCOUNTS
FOR THK YEAR ENDED 31 MARCH 21121
D*Ji¥ of prepAr*tlon of xcounts
The Accounts have be￿ prepared on th¢ basis of historic o)st and itt ￿ordan¢¢ with:
Chariti¢s Acl 2011.
Chwit1￿ SORP (PRS102)
The charity has tak¢n exemption from preparing a Lwsh flow sl#ieme4rt under the ch8riti¢S SORP (FRS102)
bullettn l issued on 2 February 2016 as this Gharity cO￿$blUteS # stn2]I charity.
The flljancial statemcnts are pr¢par&l (m 80in8 concern b&8i4 under the historical cost t￿ventiOn. The financial
statements are prepared in thling which is the fimctional ¢urrency of the charity and rounded to the nearest
[x)ut￿.
Therc are no significant arw ofjud8ements or key sourtts of ¢5timalion uncutainty.
Th¢ tn￿ ¢onsider that there are no mat¢riaI wic¢rtsinti¢s at￿)￿ th¢ ¢barity'$ ability to continue &8 a 80in8
The charity is an unincorporated twst o)ns¢itttt¢d by a trustdeed.
2. Accguntiog Poli¢l¢
2.1 Incoming R*Jourtts
Recognition ofin¢(ImÉn8resoiire
These are in¢luded in the Statement of Financial ActLVlti£s (SOFA) when:
the ¢harity becomes entitled to the rcsouree5"
the trustees are virtually certain they will receive the rtsourcts" and
th¢ mon¢t8ry value Lxn be measured with sufficient reliability.
Incomi￿greS(wrceS with ￿kn￿dexpen￿.TrWe
Where incotning tt50ur¢es hav¢ related ¢xp¢nditure (as with fimdraisin8 or contract income) the ineomin8
resourccs al￿ re]at¢d expendithre are reported gTOSS in the &)FA.
Gr(7nts aprddonotion$
Grants W]d dontitions are only includd in the SOFA whcn the charity has Un¢￿ndElion&1 entit]ement to the
resources.
Investmentinc¢)me
This is Includ￿ in th¢ a¢¢ounts when rtteÈvable.
2.2 Expettditure And 1Sablllde8
Liabilities are reco8nised as expenditure as soon a5 there i$ a legal or con5tnKtiY¢ obligation ￿mMitt1ng the
d)zrity to that exrKnditUTe. it is possible that a tr8ns*er of ￿OnoMiC benefits will be reqyired in settlement
and the amount of the (pbligation catt ￿ measwed relthly. EXp￿lI￿re is accounted for on an accruals
basis and has be¢n Giassifi¢d ￿d¢r headings that aggregate all cost related to the cate80ry. Where costs
cannot ￿ dire(aly ayributd to particular headin8s thry have been alloc￿ to activities on a basi$
consistent with thr us¢ of r¢sour(t&

IHE CAROUSEL SCItOOL OF GYMNASTI(3
NOTES TO TKE ACCOUIW
FOR THE YEAR ENDED 31 MARCH 2(121
2.3 T4ugible fixed #￿ets *Bd depTeei*t5on
T8n8ibl¢ fixql assets are staknj at cost iess depreciation.
Ikpreciation is provided at ]*¢5 catculated to wri1¢ off the cost of fix<4 asset& I￿& th¢ir ¢5timat¢d rEsidual
value, ovcr their ¢xpe£ted lives on the following Iws:.
Equipmetrt and Fitttngs
IOY• perannum on the thight Itne basis.
2.4 T•xatio
The ¢harity is ¢xempt from tsx on its Charitable activities.
2.5 Fwnd a¢eounting
Uwtstrithd fiuwjs can b¢ ustd accordance with the charttable Obi￿tIV&S at the dis¢r¢tson of the truste¢s.
Restricted fiands can only be u￿d forparticular ￿$trIcted purwses withitj the objects of the charity.
Restriction arise when SWIfi￿ by th¢ donoror when ffiJnds ATe rdised forparti￿1ar Testricted Pur￿￿e$.

THE CAROUSEL SCHOOL OF GYMNASTI(3
NOTES TO THE AccouNrs
FOR THE YEAR EIWED 31 MARCH 2Tr21
Capitsl
Fr•ehold land ¢xp¢ndltur¢ on
& buildi
bui]dltt
EqviptNent
*•d fittiog¥
Totsl
At l April 2020
At 31 March 2021
£1
762
£116
£281
89
Dtpre¢iAtlon
At l April 2020
Charge forycar
29,769
11.639
29,769
At31 ￿re￿ 2021
£41
N¢t book valu
At JI March 2021
£44228
£120.762
£7
991
At31 March 2020
£44.228
£120.762
£81%630
£251.620
Tru¥tees' Retnun*r4ti(w and Expenses
Th¢r¢ w¢r¢ payments made to TnLSte¢s in th¢ year forproviding servi¢ts.
Management and AdD￿￿￿traI10Th of the Ch*rtty
21r£i
2020
Inde￿dent examination fee
Set￿rity
Th¢ charity bas pmvida the bank with a legal dwE¢ over the fre¢ik)Id wperty it owns Security for the bank
l(wi obtsined in th¢ year.
Page 7

THE CAROUSEL SCHOOL OF GYMNASTICS
Unit 2a Byn)n Work4 Ru&sell Gard¢Tr4 Wick Lan4 Wi¢kford. Esxx
Mr A R W¢nden
Ellioo Mortlock, Busby & Co Limi*d
Charter&4 Certified Accountants
12 ￿"gh Street
Stanford le Hope
SS170EY
Dear Mr Wenden
We confirn] to th¢ b¢* of our knowledge and belief. and havtn8 made appropriate enquirie5 of othu trustees and staff
of the charity, th¢ followin8 representations given to you in connection with your review of the GhaTity'$ accowits for
the year 31 March 2021.
W¢ aeknowledge as try￿tees our resFonsibility for the accounty which you have prepared for the charity. AII thr
aceounting re¢ords have been rnade available to you for th¢ purpose of your review and all the fra11￿tiOnS
Und￿¢n by th¢ ¢harity have been properly rthrLt¢d and reoyded in the accounting records.
W¢ ¢ot)firni that there have been no ¢hanges in the accounting polLCL¢5 other than thosE disclos￿ in the accounts.
In our opinion. th¢ at£ountin8 policies are appropriate to the ¢h8rity and confomi with genera]ly ￿cepted
a¢counting prin¢iples. We that all transaction5 and balances have been attount&l for in accordance wtth
th￿e accounting poli¢t¢s.
We confinn that &*sets have been incI￿jed in the b8lan¢¢ she¢L
We confirnl that all ass¢ts included in the balance shett exisL
We confirm that the ¢harity ail the assets includa in the balan¢¢ sh¢e4 unless otherwik ststed in the
accounts.
Wc confim ihat the value of all the ￿ets in th¢ balanc¢ the¢t at¢ fairly $tated.
W¢ confinn that dq)reciotion h&$ been provided on all fixed ass¢ts with a limita ¢conomic life in accordance
with the stated awounting polt¢y. In ouropiniofy the rates of dtpr¢¢iation a￿ reasonable.
We confjrm that all Siabilities have fully rerA)rdd the balance the¢L
We confimi that all liabilities recorded in the balan(* sheet 8Ye pmw]y those of the charity.
10. We confirm that all iiabtlities have been recordr4J at a fair VAlue.
I l. We confimi that there hos be￿ fto netting off ofas5ets al￿ liabilitie&
l2. We confinn that all income fully Tei%th and ¢orrectly C]￿]fied.
Cont....

13. The charity Iw Ao 0)nting￿t liabiliti¢s oth¢rthan those disclosed in the ac¢(Mmts.
14. W¢ confimi the ¢l18Thty has ￿t W any ￿lat￿ pty trfitwctions oth¢rthan thos¢ disc]os¢d in the accounts.
15. Th¢re has been no event since the balance sheet date which wuir¢s disclosing or vthi¢h would matsrially aff
th¢ amounts in th¢ accO￿t& otherthan those alr¢ady disclosAI or Includ￿ in the accounts.
Yours sincerely
Signed o
behalf of the board
.. Mr W Harvey. Th15te¢
20 January 2022