TWISTERS GYMNASTICS LTD
(A company limited by guarantee)
Statement of financial activities (incorporating the income and expenditure aceount)
For the year ended 31 March 2021
Unrestricted
funds
2021
Total
2020
Tot81
Notes
Incoming resour¢es
Incoming resources from generating funds=
Other trading activities
Incoming resource5 from charitable actlvitie
91
198,195
91
198,195
13.977
223.778
Total incoming resources
198.286
198.286
237.755
Resourees expended
Chariiable activities
Other Costs
179,654
2,159
179,654
2,159
241,021
5,911
Total resources expended
181,813
181,813
240.932
Net ineomlng/(outgoing) resourees for the year I
Net ineomel(expendithre) for the year
16,473
16.473
(9.177)
Total ￿ndS brought fonvard
{16,1411 (16,1411
(6,964)
Total funds carried fonvard
332
332
{16,141)
The statement of financial activities includes all gains and 1055es in the year and therefore a separate statement of total
re¢ognised gain% and 10$8es has not been prepared.
All of the above amounts relate to continuing activities.
The notes on pages 9 to 14 form an iDtegral part of these financial statements.
Page 6

TWISTERS GYMNASTICS LTD
(A company limited by guarantee)
Balance sheet
as at 31 March 2021
2021
2020
Note
Fixed assets
'rangible assets
Current assets
Debiors
Cabli at bank and in hand
io
201
499
11.723
16.276
616
27.999
616
Creditors: amounts fjlling
due within one year
127.868)
117.256)
Net current assetsl(liabilities)
131
116.640)
Total assets less Current
liabilities
332
116,141)
Creditors: ajnounts falling due
after wore than one year
Net assetsl(li&bilitles}
332
{16.141)
Funds
Unre%iricied income fulkd
ij
332
{16.141)
Total funds
332
{16.141)
The Balwice Sheei continues on the folltswinu pa&1¢.
The notes on pages 9 to 14 form #n integral part of thcse fAnanclal stthtement5.
P#ge 7

TWISTERS GYMNASTICS LTD
(A Company limited by guarantee)
Bglanee sheet (continued)
Trustees statements required by the Companies Act 2006
for the year ended 31 March 2021
In approving these fitydncial statements trnstees of the company we hereby confirm..
(al that for the year stated above the company was entitled to the exemption COnfe￿ed by section 477 of the Compani&8
Act 2006 .,
(b) that no notice has been deposiied at the registered office of the company pursuant to section 476 of the Companies
Act 2006 requesting that an audit be conducted for the year ended 31 March 2021.
(c) that we acknowledge our responsibilities for..
(l) ensuring that the company keeps proper a¢¢ounting records which comply with seciion 386 of the Cornpanies Act
2006. and
(2) preparing financial statements which give a true and fair view of ihe state of affairg of the company a8 at the end of
the f]nancial year and of its profit or loss for the year then ended in accordance with the reqllirement8 of 8ectiO]L$ 394 and
395, and which othenvise comply wtth the provisions of the Compat]ie5 Act relaiing to fiT]ancial statements, $0 far as
applicable to the ctsmpany.
These fiF￿nCial statements have been prepared in accordance with the provisions applicable to companies subject to the
small companies. regime.
The fJnan¢J&l staiemenL8 were approved by th¢ bL)ard on 24 November 2021 and signed on its bchalf by
Danny Fisher
Director
Paula Pyke
Dire¢tor
The notes on pages 9 to 14 form an integrnl part of these financlal statements.
P#%e 8

TWISTERS GYMNASTICS LTD
(A company limited by guarantee)
Notes to finaneial statements
for the year ended 31 March 2021
Aeeountillg policie5
The principal accounting policie.% are sunimarised below. The accouniing tKJlicies have been applied consisienily
ihtou¥houi lh¢ year and the preceding ycdr.
Basis of aeeouDting
Thc financial blatemcni% are piEpared in accordanLt with AcLountit)g and Reporting by Cliarities.. Siatenienl of
R¢bommended Practice applicable lo chariiieb preparing thcsr accounts in accordance with the Financial
Reporting Siandard <ipplicablL in Ihe UK and R¢public of Ircland IkR%102 effcciive l January 201 SF (Cl￿rItieS
so￿)11..￿{S1O2I1 and the lompanies Act 2(X)6.
'I'wi%ier% Gymnablic.% Liiniied meets the definilion of a publiL bencfit ¢niity under l.'RS 102. A￿et% and liabilities
are initially recogTnised ai hisiorical cost Jnd Iran%a¥lion valiie unles% oilierwi%e %iated in thc relevani accounting
poli¢y nottlsl. The Fin41ncial sia*ments are prepared un a goin¥ Concern basib. -faking account of Ihtr risk review
undertaken by (he tru%ies% Ihey do noi cot)%ider IhLrc io be any risk 10 Ilie ¥(>ing LonLern of th¢ ChariLy.
1.2. Cashfloiv
Tlie cliarity has takeE) advani¢tg?¢ of the exemption in FRS102 froin the r¢quir¢meni to pn)duce a cashflow
.%tatemenl becau4e li is a %mall Lompany.
Ineomillg resources
All incomiTILJ rcsourc¢s are Lnclu(kd in th¥ siateinent of fin<incial activitieb when the chariiy is entitled io the
income and Ilie amoLUJt can be quantified willi reknotyable accuracy. The lollowing ¥pecitic policie% are applied to
particular ¢ate¥ories ot-inLome".
Voluniary income is received by Wdy of ¥rani%. donations and gilis and is inLluded in full in Ihtr statement of
financial ac11￿￿tIeS when n'ceivable. Grani8 where et]liileiiieni is 1)ot condiiiojial on the delivery of a speL'ific
perfomance by Ilie chdlityi arc reco¥ni%Ld wli¢n thc LI￿rJ(Y b¢¢on)eb UJILondiiivnally ¢nliiled io thty
Donated bervsLe% and fa¢ilsliL% llre incliided ai tliL value to Ihe charity where Ihis ¢an be 4￿AlIFied. The value of
berviLes provided by volL1llteer￿ has noi b¢¢n iJicliidLd.
GranL%, including grant% for the purchase of fixed assets.. are re¢ognSbed in full in the stdtemeni of financial
aciivjiieb in the year in which ihey are receivable.
1.4. Rcsouree$ expcnded
Expendit￿￿ i% recouj iibed on an accrual basis a% a liobiliiy iy incurred. Expenditure includes any VAT which
cannot bl fully rtLovered. and 18 reported a¥ part ol-IhL exp¢ndiNre io whsch it relate4.
Charitable expendimre compti%e% iho* co%1% incurr¢d by the charity in the delivery ol. its activities and service
ror lis beneficiaries. It includes boih co&[% thai ban bL JlloLated direLily Éu 5ucli activiiie.% and those costs of an
indireci naiurtr nece.%¥ary to buppon theTn.
Suppori LO%L% arc tjiosc costs irtLurred direLily in sllppon of expLttdituN" on tlie objecis of the bharity and include
project managcmeni.
Page 9

TWISTERS GYMNASTICS LTD
(A Company limited by guarantee)
Notes to financial statements
for the year ended 31 March 2021
1.5. Tangible fixed assets and depreciation
Tangible fixed a&seus are slated at cost less accumulated depreciatiot]. Depreciation is provided at rates calculated
to write off the cost le8.￿ residual value of each a8.8et over its expected useful life, a.8 follow8:
Fixtures. fittings and equipment
150/0 straight line
1.6. Defined eontrlbutlon penslon schemes
The pension costs cliarged in the finaiicial statements repr&￿nI the Contribution payable by the charity during the
year.
Other tradlng 4¢lAvltles
Unrestrieted
funds
2021
Total
2020
Total
Other Income
91
91
13.977
91
91
13.977
Incoming resources from charitable activities
Unrestricted
fllDds
2021
Total
2020
Total
Mernberships
JRS Grants
DFE COVID Support
DOF COVID Grant8
Sport Nl Grant
26.306
111.979
25.000
32,910
2.000
26.3(16
111.979
25.000
32.910
2,000
223,778
198,195
198.195
223.778
Page 10

TWISTERS GYMNASTICS LTD
(A company limited by guarantee)
Notes to financial statements
for the year ended 31 March 2021
Expenditure on Charitable Activities
Unrestricted
funds
2021
Total
202
Total
Staff CO¥is
Eliuipment Hire
Motor and Iravelling expenbes
Rejit Payable
114t¢% and Woiei. RaL¢%
Ligl)t dnd Heat
Repairs and Mainienance
GenLrnI EXpeJi￿eS
Advertisin
UnilotnL%
Cleaning
Telephone
l)rilling.poslgGlC and siatioiiLry
riiish GyMn￿￿tiCS InsuranLe
Cort)p¥lilions
Coach fee%
130,179
23.587
130.179
23.587
172.701
16.930
12,000
335
12.(M)O
335
386
6.233
8.017
10,005
1,674
3.565
1,674
3,565
3.589
3.589
6.142
840
2.927
3.524
3.524
1.035
1.688
Total resources expended
179.604
179.61M
241.021
Other costs
Vnribsirleted
funds
2021
Total
2020
'rotal
Credit Card Charges
Interest puyable and siinilar charges
Bank Charge
AcLOUlltanLy fee
Dcpr¢ciaiion dnd impairnient
1.652
63
1.083
1.033
2,080
775
1,035
298
775
1.035
298
I'otal resources expended
2,159
2.159
5.911
Net ineomlngl(outgoing) resourees for the year
2021
2020
Net Incomin￿{oUt￿Ftr￿￿g) resources is staicd alliy ¥hargin8:
Deprcciation and other amounis wril￿n off ianLFible fixed a%%eis
298
2.080
Pago 11

TWISTERS GYMNASTICS LTD
(A Company limited by guarantee)
Notes to financial statements
for the year ended 31 March 2021
Etllployees
Employment costs
2021
2020
Wages and.%alaries
Social security costs
Pension cost5
126.610
1,844
.725
165,964
3.812
2,925
130.179
172.701
No employee received emolumet]ts of rnore than £60.0(M)12020 . None).
Number of employees
The average monthly numberg of employees {including the tn￿lee8} during the year. calculated on the basis of
11 time equivalenLs. as follows..
2021
Number
2020
F4umber
Coaches
16
20
Pension costs
The company operate5 a defined ¢oniribution pension scheme in respect of the auto enrolernent. The scheme and
its a8qeis are held by independent managers. The pen%ion charge repre%tnts contributio￿$ due from the con)pany
and was ab follows..
2021
2020
Pension chaFgFe
1,725
2.925
Taxation
The charitl8 activities fall within the exemption8 afforded by the provi8ions of the Income and Corporation
Taxe5 Act 1988. Accordingly, there is llo taxation charge in these accounts.
Page 12

TWISTERS CYMNASTICS LTD
(A company limited by guarantee)
Notes to financial statements
for the year ended 31 March 2021
Fixtures,
rittings and
equlpment
io.
'rangible r￿ed assets
Total
Cost
At l April 2020 and
At 3 I Marcli 2021
13.867
13,867
Depreciatio
Ai l April 2020
Char&Te lor Ihe year
13.368
298
13.368
298
At 31 Marcli 2021
13,666
13.666
Net book values
At 31 March 2021
201
201
At 31 March 2020
499
499
li.
Debtors
2021
2020
Other debtor
11.723
12.
Creditors: amounts falling due
within one year
21121
2020
TetTi Fisher
Trade Crediio
Other laxe% and %o¢ial secui'ity
Oiher Lrtrditoi
AL¢ruals and deferyed in¢omc
2.464
603
12,427
472
1.290
229
12.428
1,601
13,610
27.868
17.256
13.
AnAlysi$ of net assets behve¢n fundtb
'I'otal
funds
Fund balan¢e% at 31 March 2021 repre%ciited by..
Page 13

TWISTERS GYMNASTICS LTD
(A company limited by guarantee)
Notes to financial statements
for the year ended 31 March 2021
14.
Unrestricted funds
At
At
31 March
2021
l April Ineoming
2020
resourees
General fimd
16.473
332
Puryoses of unrestricted funds
Gener81 pupoqe of Charity
15.
Controlling interest
The dire¢tors of the company control the ¢ompat]y a5 a board.
16.
Company limited by guarantee
TWISTERS GYMNASTICS LTD 15 a company limited by guarantee and aceordingly does not have a share
capital.
Every member of the compajiy undertake8 lo contribute such amount as may be required not exceeding £1 to the
asseis of the Charitable company in the even¢ of its being wound up while he or she is a member. or within one
year afier he or bhe ceaseb to be d member.for-
a)payrnent of the companls debts. and liabilities contracted before they cease io be a member
b)payment of the costs,charges and expense8 of winding up .and
c)adjustement of the rights of the contributors among themselves.
Page 14