Rathgael Gymnastics and Tumbling Club Company Registration Number- N1612352 Trustees. Annual Report for the year ended 31 March 2023 The Trustees present Iheir Report and Accounts for the year ended 31 March 2023, which also comprises the Directors, Report required by the Companies Act 2006. Reference and administrative details The charity name The legal name of the charity is'.- Rathgael Gymnastics and Tumbling Club. The charity$ areas operatson and UK charitable registration The charity is registered in Northern Ireland with the Charity Commission in Northern Ireland (CCNI} with charity number 107229. The charity does not operate in any overseas jurisdictions. Legal structure of the charity The charity is constitutèd a5 a company limited by guarantee. registered under the Companies Acts . The governin9 document of the charity is the Memorandum and Articles of Association establishing the company under company legislation. Ther6 are no restrictions in the governing documents on the operation of the Charity or on its investment powers othèr than tht)se imposed by Charity Law. By operation of law all. trustees are directots under the Companies Act 2006 and all directors are trustees under Charities legislation and have responsibilities. as such. under both company and charity legislation. The trustees are all individuals. The principal 0ratIng address, telephone numbar. •mail and w•b addr•$$es of the charty are:_ Unit 1 Saba Park 14 Balloo Avenue. Bangor County Down, BT19 7QT Telephone 028 9145 9346 Email Address reption@rathgae1gYrn.Qrg Web address www.rathgaelgym.org The registered office of the charity for Companie5 Act purposes is the same as the operating address shown above.
Rathgael Gymnastlcs and Tumbling Club Company Registration Number- N1612352 Trustees. Annual Report for the year ended 31 March 2023 Tho Tru$ts•s In office on the date tho roport was approvgd wore:_ Mr D B Brown Mr J McAlister Mr P G Yeaman The following porsons $8rvod as Trustses during the year ended 31 March 2023 :. The trustèes who served as a trustee in the reportt'ng period were as shown above. and there were no changes during the year, or in the period beeen the year end and the approval of the accounts. All the trustees are also members of the charity. Objects and activities of the charity The purposes of the charity as set out In Its goveming document The purposes of the charity are set out in the charitys Articles of Association. The objects of the charity are to promote community participation in healthy recreation by the provision of facilities for gymnastics for the benefit of membérs of the general public within Northem Ireland and ancillary to the foregoing.. al to provide the facilities in the interests of social welfare for education, recreation and other leisure-time occupation for the inhabitants of the area of benèfit so that their conditions of life may be improved.. b} to provide support (financial or otherwise) for other tharitable purposes as may be recommended by the Annual General Meeting of the company. The maln activities undertaken in relation to those purposes during the year Rathgaèl Gymnastics and Tumbling Club is a not for profit organisation run by a dedicated team of volunteer trustees. Thé club was first established in 1976 and moved to its new purpose built state of the art facility in Saba Park. Bangor in November 2012. It is now considèred to be among the largest and best facilitated clubs in Ireland. All funds received are spent on the running of the gym or re-invested to improve the seNice and facilities. We endeavour to offer an opportunty to all childrèn to participate in gymnastics and progress according to their ability.
Rathgael Gymnastics and Tumbling Club Company Registration Number- N1612352 Trustees. Annual Report for the year ended 31 March 2023 The main acdvities undertaken during the year to further the charitys purpose for the public benefit. The club contsnued to offer an opportunity to all thildren to participate in gymnastics and progress acrdIng to their ability by offering classes in a variety of disciplines. Affiliated to British Gymnastics, Gymnastics Northem Ireland and Gymnastics Ireland, Rathgael Gymnastics and Tumbling Club offered an unrivalled selction of disciplines including women's and men's artistic, acrobatic, tumbling, cheer, trampolining. freestyle, recreational and pre•sch¢)ol gymnastics. The trusteés hav8 had regard to Ihe Charity Commission's guidan on public benefit in managing the activities of the charity. The main achiev8m8nts and performance of the charity during the year Results for the financial year endèd 31 March 2023 are provided in the Statement of Financial Activities on page 10 of the financial statements. A summary of the assets and liabilitses as at 31 March 2023 are provided in the Balance Sheet on page 16. The financial statements should be read in conjunction wth their related notes, which appear on pages 18 to 28 and have been prepared in accordance with the Charities SORP (FRS 102). In summary". 1. Total incoming resources have increased by 11Yo to £331,78812022.' £299,256). 2. Total resources expended have decreased by 1 % to £249,41312022'. £251,249). The difference the charitys perforn?ance durlng the year has made to the beneflciarles of the charity and the widersociety The charitys Performan during the year enablèd the charity to offer coaching in a variety of disciplines to the beneficiaries of the charity. The opportunity to avail of this coaching is available to all children in the area. Structure, governance and management of the charity The methods used to recruit and appoint new charlty trustees As set out in the charitys Articles of Association, the tharity shall actively promote a board of trustees which include a range of skill, experience and knowledge in keeping with the pursuance of its objects. A retiring director shall be eligible for re-nomination and election.
Rathgael Gymnastics and Tumbling Club Company Registration Number- N1612352 Trustees. Annual Report for the year ended 31 March 2023 Financial review The charltys financial position at the end of the year ended 31 March 2023 The financial position of the charity at 31 March 2023 and compara*ves for the prior period, as more fully detailed in the accounts, can be summarised as follows.'- 2023 2022 Net income 82.375 48,007 Unrestricted Revenue Funds available for the general purposes of the charity 185,836 103,461 Total Funds 185,836 103,461 Flnancial review of the positi.on at the repo"ng date, 31 March 2023 The trustees consider the financial performance by the charity during the year to have been satisfactory. The organisation has been able to retain a healthy amount of unrestricted funds at the year end. Policies on reseThes Reserve5 are required to bridge the gap beeen the spending and receiving of income and to cover ilems of unplanned expenditure. At 31 March 2023. the charity holds an amount of £185.836 in reserves. The trustees consider that the charity should hold at least months, of running Costs in reserves. Two months, IUIIIIIIIY Lusls wuuld 4Udte to £40,552 {based on lotsl expenditure of £249,4'13 less £6.'104 depreciation in the year ended 31 March 2023). Availability and adequacy of assets of each of the funds The board of trustees is satisfied that the charty's assets in each fund are availablè and adequate to fulfil rts obligations in respect of each fund. Details of The Independent Examiner William Wilson Member of Member of Chartered Accountsnts Ireland William Wilson Chartered Accountants 25 Shore Road Holywood BT18 9HX
Rathgael Gymnastlcs and Tumbling Club Company Registration Number- N1612352 Trustees. Annual Report for the year ended 31 March 2023 Statement of the Directors Trust8es' Responsibilities The charity's trustees are responsible for th8 preparation of the accounts in accordance with the temis of the Companies Act 2006, the Charilies (Northern Ireland} Act 2008. as amendéd and The Charities {Accounts and Reports) Regulations (Northem Ireland) 2015 . In particular. the Companies Act 2006 and Charity law require the Board of Trustees to prepare financial statements for each fi'nancial year which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of the surplus or deficit of the charity. In preparing those financial statemènts th8 Board is required to :_ - lo prepare the accounts in accordancè with United Kingdom Generally Accepted Accounting Practice {United Kingdom Accounting Standards and applicable law). select suitsblè accounting policies and apply them consistently., make judgements and estimates that are reasonable and pnJdent' prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charty will continue in business., state whether applicable accounting standards and statement5 of rècommended practice have been followed. subject to any material departures disclosed and explained in the financial statéments,. The law requires tt)at the trustees must not approve the accounts unless they are satisfied that they give a true and fair view of the stste of affairs of the charty and of the surplus or deficit of the charity for the year. The Trustees are also responsible for maintaining adequate accounting records which disclose with reasonable accuracy at any time the fi'nancial posth'on of the charity and which are sufficient to show and explain the charity's transartions and enable them to ensure that the financial statèments comply with the Companies Act 2006 and comply with regulations made under the Charities Aot. They are also responsible for safeguarding the assets of thé charity and hènce for taking réasonable steps for the prevenlion and detects'on of fraud and other irregularities. The Tnjstees are also responsible for the contents of the Trustees, report, and the statutory responsibility of the Independent Examiner in relation to the Trusteès, report is limited to examining the report and ensuring that . on the face of the report. there are no material inconsistenaes with the figures disdosed in the financial ststement5.
Rathgael Gymnastics and Tumbling Club Company Registratltsn Nurnber- N1612352 Trustees. Annual Report for the year ended 31 March 2023 Method of preparation of accounts- Small company provlslons The financial statements are sel out on pages 10 to 25. The financial Statements have been prepared implementing the FRS 102 SORP (Statement of Recommended Practicg for Accounting and Reporting by Charities) 2015, las ?mended by the Bulletin issued in October 2018 and applicable to all accountin9 periods beginning on or after 1 sl January 20191, (The SORPI, and in accordance with the Financial Reporting Standard 102, (effective 1 sl January 20161. These financial statements have been prepared in accordance with the provisions in Part 15 of the Companies AGI 2006. applicable to companies subject to the small companies regime. This report was approv8d by the board of trustees on 20 Novernber 2023. Mr P G Yeaman Dir and Trust8e