SALTO GYMNASTIC CENTRE LIMITED TRUSTEES REPORT (INCLUDING DIRECTOR'S REPORT) FOR THE YEAR ENDED 28 FEBRUARY 2023 The trustees present their annual report and financial slatements for the year eTKled 28 February 2023. The financial statements have been prepared in accordance with the accounting ￿lIcIeS set out in note 1 to the financial statements and compty with the company's Articles of Association, ihe Companies Act 2006 and 'Accourti'ng and Reporting by Charities: Statement of Recommended Practice applicable lo charities preparing their accounts ￿ accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102)" (effective 1 January 2019). Objectives and aGtlvltles Sallo's mission is lo promote lifelong physical activity amongst people of al ages through gymnastics education. The organi5ation provides a wide programme of act5Vities giving the opportunty for all people regardless of background lo lake part in gymna5tiGs for health. filness and technical expertise. The benefits for all partlcipant5 are broader than leaming skills and lechniques. Salto Gymnastic Centre ams to enhance physical literacy which can serve to increase physical activity and reduce health concems over child obesity and fitness. Our aGtivFties and presen￿ in the community can imwove the quality of life and wellbeing for all whether they are participants or spectators. In addition to mass participatTh in gymnasts'cs, the Club ha5 added the aspiration of delivering excellenl perf0mlar￿ of the elite gymnast. The Iruslees have paid due regar(I to guidance issued by the Chaity Commission in deciding what activities the company should undertake. Achlevements and performance Reaching the Community At Salto our mission statement 15 'Gymnasts"cs for al" and we slflve lo grow our membership by rexhing out to the communty by offering a variety of gymnastics as folbws: Pre-school and recreation Pre-school and recreational structured gymnastics dasses aTr available fr(Mn M￿daY to Saiurday and we have circa 1000 members each week attending these classes. During the year we inlroduced the new British Gyn￿aSticS Rise wogramme whith offers a huge variety of activities to our recreation programme. This has also been widely a￿pted by the parents who are able lo view Iheir child's progress online. Our Recreation Summer Scheme was very popular again thi5 year as it wa5 fully booked for 7 weeks of the summer. This is opened lo non-BG members and we r￿d that several will sign up for the new term which commences in September. Our Parent A5SiSted Class for pre-school clildren Col￿nueS to be popular. This is a partially slructured class led by our coaches and all)ws the parents lo supervise thelr own child during the session. The Parent Assisted class is like a bridge between the Toddler Soft play se5s1c￿$ and the recreation classes with the idea in M￿￿ of children transferring to the Recreation Programme when a'gible. Incluswe We inlroduced a recrealiorb dass ry) Salurday aftemoon predominanlly for children with leaming rf6abjlbti'es" as parents are mDre open about ADHD. ALrtism etc. and recognise that gymnastKs is a good Source of providing discipline a(KJ improving social skills. Schools We provide gymnasb'c lessons for over 14 different local schoo15 WIK) attend Our facility on a weekly basis to participate in structured gymnastics classes to fulfil their national cutricukm adi¥ities. This provides an opportunity lo introduce many chil(tren to the sport of gy(Mastics. It is also a mearns of talent spotting. SALTO GYMNASTIC CENTRE LIMITED TRUSTEES REPORT (INCLUDING DIRECTOR'S REPORT) (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY 2023 Toddle￿ Soft Play Our very popular Toddler Soft Play session5 were well attended. The Toddler Soft Play is an important part of Sallo's development. Not only do Ihe sessions provide a steady flow of income but they also introduce toddlers to gymnastics at a very young age. wlh the potenh'al of remaining in the sport by becoming members of oui Recreation Programme and on some occasions our Perfomiance Squad Programme. Adult Gymna51ics Our adult gymnastic class is still very popular and numbers increas8d during this finanrial year. During the year our Adult class was regularly used by gymnasts trom other clubs to help them prepare for the Adult British Championships. Squads Our squads offer a performance paihway for boys and girfs from age 5 upwards. The squad gymnasts are given the opportunity lo potentially reach inlemational level through the squad structure we have in place. With a long history of intemational successes, our squad programme Is always In demand. We have over go gymnasts. male and female. on our perfonnance palhway. Other community benefits During the year we promoted our Young LeadeT5hip Academy and now have 20 volunteers who come to the gym each week. The programme is led by Rachael Irvine our Recrealion Manager who meets regularly with the team. We held an In-house Women'5 Artlstic competition the 'Tony Byme Invitational" inviting several Northern Ireland clubs lo participate. The competition was also to raise funds for the MND charity. We hosled four perfo￿anCe educational workshops for coaches and gymnasls tumbling, bar relea5e5, Handstand, and dan￿ for gymnasts. This was opened to anyone who was a member of British Gymnasts'cs or GymnastlC5 Ireland. Achievemenls Salto is recognised as the National Centre of Excellence in Northem Ireland and we had gymnasts qualify to compete al the 2022 Bimilngham Commonwealth Game5 - Ewan McAteer who was sixth on vault and Eamon Montgomery who was fifth on floor. We also had three gymnasts compete at the 2022 European Championships- Emily Moorhead, Ewan McAteer and Eamon Montgomery. Eamon was also selected to compete in the lfyt)rld Cup series winning a bronze medal on floor in Baku and a Gold medal on floor in Paris. During Ihe year we won Lisbum and Castlereagh Councll flub of the Yearf. and our male gymnast Ewan MG4leer won "sports personality of the yea¢.. Conor McGovem who is our lead Men's Artistic coach won the Gymnastics Ireland 'lnternallonal Coach of Ihe Yea¢.. Junior elile gymnast E5tella Volkoff won the ABC Council 'junior gymnasl of the yearf,. Four of our elite gymnasts received awards from the "Mary Peters Trusr. to assist viith their preparation for the European Championships and Commonwealth Games. We currently have 10 full time coaches and 13 part-time coaches on our payroll. We are a dub wtth a strong belief in staff educalion and provide financial a55i51antr to encourage where possible, staff to develop their coaching skills and obtain coaching qualificats'ons, SALTO GYMNASTIC CENTRE LIMITED TRUSTEES REPORT IINCLUDING DIRECTOR'S REPORT) (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY 2023 Local community connections In March 2022 Salto In partnership with LCCC, hekl a "Duathlon Evenf in Wallace Park in Llsbwn. The event was to raise funds for the Motor Neurone Disease Charity (MND) followlng the diagnosis of the late Tony Byme, our club lounder who sadly passed away in July 2022. We are thankful to Lisburn and Castlereagh City Council and Sport Nl for their continut)us support and of course our member5 WIK) have been very supportlve. We are especially grateful lo our president Dame Mary PeteTS for her unconditional support. Flnanclal revlew The results for the period are as set out on pages 11 to 22. The charity retumed nel Incoming resources of £16.326 (2022 - £169.682). At 28 Febnjary 2023 the balance of reserveswas £1.318,852 {2022- £1.302.526). It is the policy of the company thal unrestricted funds which have not been designated for a spec￿lC use should be maintained at a level equivalent to between three and six month's expenditure. The trustees consider that rese￿eS at this level will ensure thal, in the event of a Significant drDP in fimthng. they will be able to continue the company's currenl activities while consideration is g6ven to ways in which adthtional funds may be raised. This level of reserves has been maintained throughoui the year. Structurei governance and management The company is a company limited by guaran￿. fegistered with the Charity Commission for Northern Ireland and a registered charity for lax21ion purposes. The truslees. are also Ihe directors lor the purpose of company law. and who served during the year and up to the dale of signature of the financial staleft￿ntS were: Mrs E Rutherford Mr J Cunningham Prof M Murphy MrT Byrne MrA O'Reilly Mr J O'Prey Ms R Kells Mr G Neill {Resigned 14 Juty 2022) {Appointed 16 August 2022) {Appointed 16 August 2022) None of the trustees has any benefidal kniere5t kn the company. All of the Irustee5 are member5 of the company and guarantee lo contribute £1 in the event of a wnding up. SALTO GYMNASTIC CENTRE LIMITED TRUSTEES REPORT {INCLUDING DIRECTOR'S REPORT) (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY 2023 Statement of tru5tee5 responslbllltles The trustees. who are also the directors of Salto Gymnastic Centre Llmited for the purpose of comtany law are responsible for preparing the Trustee5 Report and the financial statements in accordance with applicable law and United Kingdom Accountlng Standards {United Kingdom Generally Accepted Accounts'ng Practice). Company Law requires the trustees to Prepa￿ financial statements for each financial year which gtve a true and fair view of Ihe slate of affairs of the company and of the incoming resources ar￿ application of resources, including the income and expenditure, of the charitable company for that year In preparing these financial slalemenis, the tNstees are required to: select suitable accounting policies and then apply them consistently.- observe the methods and principles in the Charsties SORP 2019 (FRS 102); make judgements and estimates that are ￿aSonable arKI pwdent: stale whether applicable UK Accounting Standards have been followed. subject to any material departures disclosed and explained in the fIr￿ncIal statements; and prepare the financial statements on the going concem basis unless it is inappropriate to presume that the company will continue in operation The trustees are responsible for keeping adequale accounllng record5 that dlsclose wrth reasonable accuracy at any time Ihe financial position of the company and enable them to ensure Ihat the financial slatemerrt5 comply wilh the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other i￿egUlarities. Audltor In accordance with the company's artide5. a fesolution proposing that GMCG LISBURN be reappointed as audltor of the company will be put at a General Meeting. Dlsclosure of Inforniatlon to audltor Each of the trustees has confirmed that there is no information of whlch they are aware which is relevanl to the audit, bul of which the auditor is unaware. They have further confimied that they have taken appropriate steps to identify such relevant informats'on and to establish that the auditor 15 aware of such infomiation This report has been prepared in accordance ￿￿th Ihe provisions applicable to companies entitled to the small companie5. exemptions. The trustee5 report was approved by the Board of Trustees. Ms A Mcmaster Charlty Secretary Date..