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|---|---|---|---|---|
|Trustees report|||||
|Independent|examiner's||report||
|Statement|of financial|activities|||
|Statement|of financial|position|||
|Notes to the accounts|||||
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|for the year ended 31July|2021|||||||
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|||
|||||funds|funds|Total|Total|
||||Notes|||2021|2020|
||||||P|R||
|INCOMING RESOURCES||||||||
|Donations
and grants||||21,330|10,000|31,330|25,500|
|Incoming
resources
from charitable||activities||267,905||267,905|294,928|
|Income from other trading|activities|||2,951||2,951|1,506|
|TOTAL INCOMING RESOURCES||||292,186|10,000|302,186|321,934|
|RESOURCES EXPENDED||||||||
|Expenditure
on charitable|activities|||302,230|208|302,438|327,022|
|Cost of raising funds||||3,161||3,161|5,326|
|TOTAL RESOURCES EXPENDED||||305,391|208|305,599|332,348|
|NET INCOMING/(OUTGOING)|RESOURCES|||(13,205)|9,792|(3,413)|(10,414)|
|Reconciliation
offunds||||||||
|FUNDS BROUGHT FORWARD||||390,796|344|391,140|401,554|
|FUNDS CARRIED FORWARD||||377,591|10,136|387,727|391,140|
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|Land and buildings|2'/o straight|line||
|---|---|---|---|
|Equipment|10/o, 15/o|or 25/o s'traight|line|
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|fo|r the year ended 31 July|r the year ended 31 July|r the year ended 31 July|2021|2021|||
|---|---|---|---|---|---|---|---|
|4|Expenditure
on charitable|||activities||2021|2020|
||Operation ofgymnastics||club|||||
||Direct costs of charitable||activities (see note 5)|||274,125|302,005|
||Governance
costs (see||note||6)|28,313|25,017|
|||||||302,438|327,022|
|5|Direct costs ofcharitable|||activities||2021|2020|
|||||||R|R|
||BGA insurance|||||690|736|
||Holiday gym expenses||||||316|
||Repairs and maintenance|||||6,973|13,625|
||Rates|||||290|2,573|
||Rent|||||5,204|5,204|
||Cleaning|||||6,793|5,605|
||Utilities|||||6,031|6,733|
||Net competitions
cost|||||(65)|654|
||Depreciation|||||20,416|26,780|
||Ballet||||||101|
||Natalie Engel Dance costs|||||120|.915|
||Subscriptions
and licences|||||2,233|1,834|
||Bank charges|||||7,013|6,366|
||Sundry expenses||||||29|
||Postage and stationery|||||849|374|
||Insurance
- charity|||||4,060|4,165|
||Telephone|||||771|837|
||Fund raising costs||||||1,277|
||Staff costs (see note 9)|||||212,747|223,881|
|||||||274,125|302,005|
|6|Governance costs|||||2021|2020|
||Independent
examiner|remuneration-||||||
||for independent
examination||||work|1,296|1,290|
||for other work||||||150|
||Administration
fees|||||4,028|6,728|
||Staff costs (see note 9)|||||22,989|16,849|
|||||||28,313|25,017|
|7|Merchandising
income||and||expenses|2021|2020|
||||||||R|
||Sales of clothing and badges|||||2,951|1,506|
||Cost ofsales, adjusted|for||stock||(3,161)|(5,326)|
||Net income/(cost)
from|merchandising||||~210|~3,820|
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|9|Staff costs||||||2021|2020|
|---|---|---|---|---|---|---|---|---|
||||||||R||
||Wages and salaries||||||222,362|225,899|
||Staff training||||||172|1,726|
||Pension (defined|contribution)||costs|||4,286|4,664|
||Social security costs||||||8,396|8,139|
||Other staff costs||||||520|302|
||||||||235,736|240,730|
||Allocated to:-||||||||
||Direct costs of charitable||activities||||212,747|223,881|
||Governance
costs (based||on|actual expenditure)|||22,989|16,849|
||||||||235,736|240,730|
||Average
number|of staff|||||24|29|
||Number
of staff with emoluments||||in excess of F60,000||||
|10|Tangible fixed assets||||||||
|||||||Buildings|Equipment|Total|
||Cost||||||||
||At 1 August 2020|||||178,592|192,822|371,414|
||Additions
Disposals||||||30,562
~42, 32D|30,562
~42,328)|
||At 31 July 2021|||||178,592|181,064|359,656|
||Depreciation||||||||
||At 1 August 2020|||||40,506|122,582|163,088|
||Charge for the year
On disposals|||||3,572|16,844
~42,218|20,416
~42,2)8)|
||At 31 July 2021|||||44,078|97,208|141,286|
||Net book value||||||||
||At 31July 2021|||||134,514|83,856|218,370|
||At 31 July 2020|||||138,086|70,240|208,326|
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|11|Stocks|||||2021|2020|
|---|---|---|---|---|---|---|---|
||||||||L|
||Clothing|and badges||||8,200|9,226|
|||||||8,200|9,226|
|12|Debtors|||||2021|2020|
||Prepayments|||||3,123|4,328|
||Other debtors|||||5,000|3,699|
|||||||8,123|8,027|
|13|Creditors: amounts||falling|due within one year||2021|2020|
||Accruals|||||1,728|1,290|
||Fee income (subscriptions)|||received|in advance||21,554|
||Other creditors|||||6,000||
|||||||7,728|22,844|
|14|Pension|commitments||||||
|14|Pension commitments|||||||
|---|---|---|---|---|---|---|---|
||The company
operates|a defined|contribution||scheme. The contributions|due to the scheme are||
||disclosed
within the staff costs note.|||||||
|15|Operating
lease commitments|||||2021|2020|
||The total future
minimum|lease payments||under|non-cancellable|||
||operating
leases are as|follows:-||||||
||Amounts
payable:|||||||
||within one year|||||5,204|5,204|
||within two to five years|||||20,816|20,816|
||in over five years|||||364,280|369,484|
|||||||390,300|395,504|
##
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||2021||Balance at|||Balance at|
|---|---|---|---|---|---|---|
||||start date|Income|Expenditure|end date|
||||E|E|E|2|
||Restricted funds||||||
||SWAGA - vault||||||
||SWAGA - hand rails/bars
Private donation - gym floor||344|IO,OOO|(125)
~83|219
9,917|
||||344|10,000|(208)|10,136|
||Unrestricted|funds|390,796|292,186|(305,391)|377,591|
||Total funds||391,140|302,186|(305,599)|387,727|
||2020||Balance at|||Balance at|
||||start date|Income|Expenditure|end date|
||||2|E|E|E|
||Restricted funds||||||
||SWAGA - vault
SWAGA - hand rails/bars||751
469||(751)
~125|344|
||||1,220||(876)|, 344|
||Unrestricted|funds|400,334|321,934|(331,472)|390,796|
||Total funds||401,554|321,934|(332,348)|391,140|
|18|Analysis of net assets between funds||||||
||2021|||Restricted|Unrestricted||
|||||funds|funds|Total|
|||||E|E|E|
||Fixed assets|||10,136|208,234|218,370|
||Stocks||||8,200|8,200|
||Cash at bank||||160,762|160,762|
||Debtors||||8,123|8,123|
||Creditors||||(7,728)|(7,728)|
|||||10,136|377,591|387,727|
||2020|||Restricted|Unrestricted||
|||||funds|funds|Total|
|||||E|P.|E|
||Fixed assets|||344|207,982|208,326|
||Stocks||||9,226|9,226|
||Cash at bank||||188,405|188,405|
||Debtors||||8,027|8,027|
||Creditors||||(22,844)|(22,844)|
|||||344|390,796|391,140|