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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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|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|
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|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 .|
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|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|
##
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||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|