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2022-07-31-accounts

Page
Trustees report
Independent examiner's report
Statement of financial activities
Statement of financial position
Notes to the accounts

Statement
of financial acti
for the year ended 31 July
vities
2022
Unrestricted Restricted
funds funds Total Total
Notes 2022 2021
INCOMING
RESOURCES
Donations
and grants		 500 500 31,330
Incoming
resources
from		 charitable activities 303,251 303,251 267,905
Income from other trading activities 6,698 6,698 2,951
TOTAL INCOMING RESOURCES 310,449 310,449 302,186
RESOURCES EXPENDED
Expenditure
on charitable		 activities 332,331 1,125 333,456 302,438
Cost of raising funds 8,898 8,898 3,161
TOTAL RESOURCES EXPENDED 341,229 1,125 342,354 305,599
NET INCOMINGI(OUTGOING)
RESOURCES		 (30,780) (1,125) (31,905) (3,413)
Reconciliation
offunds
FUNDS BROUGHT FORWARD 377,591 10,136 387,727 391,140
FUNDS CARRIED FORWARD 346,811 9,011 355,822 387,727

2 Donations and grants 2022 2021
Donations - restricted (see note 17) 10,000
Training
grant		 500
Covid recovery grants 21,330
500 31,330
3 Incoming resources from charitable activities 2022 2021
Operation ofgymnastics club E
Fees 269,698 186,852
Fundraising 2,970 1,819
Pre school fees 23,542 7,135
Contribution to coaches' wages 3,638 3,570
Adult gym 2,303 1,253
Venue hire 832 480
Ballet 268 79
Natalie Engel Dance 120
Job Retention Scheme 61,699
Profit on disposal of fixed assets 4,898
303,251 267,905

for the year en ded 31 July 31 July 31 July 2 022 022
4 Expenditure on charitable activities 2022 2021
Operation
of		 gymnastics club
Direct costs of charitable activities (see note 5) 282,570 274,125
Governance costs (see note 6) 50,886 28,313
333,456 302,438
5 Direct costs of charitable activities 2022 2021
R
BGA insurance 326 690
Repairs and maintenance 9,342 6,973
Rates 1 727 290
Rent 5,204 5,204
Cleaning 5,045 6,793
Utilities 4,862 6,031
Net competitions cost 9,216 (65)
Depreciation 21,248 20,416
Natalie Engel Dance costs 120
Subscriptions and licences 1,839 2,233
Bank charges 11,447 7,013
Postage and stationery 907 849
Insurance
-charity		 4,549 4,060
Telephone 849 771
Staff costs (see note 9) 206,009 212,747
282,570 274,125
6 Governance costs 2022 2021
Independent examiner remuneration-
for independent examination work 1,314 1,296
for other work
Administration fees 2,612 4,028
Legal fees 35
Staff costs (see note 9) 46,925 22,989
50,886 28,313
7 Merchandising income and expenses 2022 2021f
Sales of clothing and badges 6,698 2,951
Cost of sales, adjusted for stock (8,898) (3,161)
Net income/(cost) from merchandising ~2,200 ~210 .

9 Staff costs 2022 2021
F
Wages and salaries 232,922 222,362
Staff training 3,087 172
Pension
(defined		 contribution) costs 5,205 4,286
Social security costs 10,435 8,396
Other staff costs 1,285 520
252,934 235,736
Allocated to:-
Direct costs of charitable activities 206,009 212,747
Governance
costs (based		 on actual expenditure) 46,925 22,989
252,934 235,736
Average
number		 of staff 22 24
Number
of staff with emoluments		 in excess of F60,000
10 Tangible fixed assets
Buildings Equipment Total
Cost
At 1 August 2021 178,592 181,064 359,656
Additions 10,258 10,258
. At31 July2022 178,592 191,322 369,914
Depreciation
At 1 August 2021 44,078 97,208 141,286
Charge for the year 3,572 17,676 21,248
At 31 July 2022 47,650 114,884 162,534
Net book value
At 31 July 2022 130,942 76,438 207,380
At 31 July 2021 134,514 83,856 218,370

11 Stocks 2022 2021
Clothing and badges 5,283 8,200
5,283 8,200
12 Debtors 2022 2021
Prepayments 3,958 3,123
Other debtors 5,000
3,958 8,123
13 Creditors: amounts falling due within one year 2022 2021
'8
Accruals 3,360 1,728
Fee income (subscriptions) received in advance 3,074
Other creditors 4,000 6,000
10,434 7,728
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		 2022 2021
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 348,668 364,280
374,688 390,300

2022 Balance at Balance at
start date Income Expenditure end date
E E E P
Restricted funds
SWAGA - hand rails/bars
Private donation - gym floor		 219
9,917
10,136		 (125)
~1,DDOI
(1,125)		 94
8,917
9,011
Unrestricted funds 377,591 310,449 (341,229) 346,811
Total funds 387,727 310,449 (342,354) 355,822
2021 Balance at Balance at
start date Income Expenditure end date
E E p
Restricted funds
SWAGA - hand rails/bars 344 (125) 219
Private donation - gym floor 10,000 (83) 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
18 Analysis of net assets between funds
2022 Restricted Unrestricted
funds funds Total
E E E
Fixed assets 9,011 198,369 207,380
Stocks 5,283 5,283
Cash at bank 149,635 149,635
Debtors 3,958 3,958
Creditors (10,434) (10,434)
9,011 346,811 355,822
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