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← Phoenix (Forfar) Gymnastics Club

2025-05-31-accounts

Phoenix Forfar Gymnastics Club Trustees’ Annual Report From 1[st] June 2024 to 31[st] May 2025

Enter SC No. below

APPENDIX 2

Enter charity name below

SC047205

Phoenix Forfar

Phoenix Forfar Phoenix Forfar Phoenix Forfar
Receipts andpayments accounts
For the period
from		 Period start date
Period end date
to
01
June
2024
Day
Month
Year
Day
Month
Year
31
May
2025		 Period end date

Section A Statement of receipts and payments

Unrestricted
funds		 Restricted
funds		 Expendable
endowment
funds		 Permanent
endowment
funds		 Total funds
current period		 Total funds last
period
to nearest £ to nearest £ to nearest £ to nearest £ to nearest £ to nearest £
A1 Receipts
Donations -
Legacies -
Grants -
Receipts from fundraisingactivities 168,742 168,742 155,838
Gross tradingreceipts -
Income from investments other than
land and buildings -
Rents from land & buildings -
Gross receipts from other charitable
activities -
-
A1 Sub total 168,742 - - - 168,742 155,838
A2 Receipts from asset &
investment sales
Proceeds from sale of fixed assets
Proceeds from sale of investments
A2 Sub total -
-
-
Total receipts 168,742
-
-
~~—~~		 -
-		 -
-
-
168,742		 -
155,838

A3 Payments Expenses for fundraising activities - Gross trading payments - Investment management costs - Payments relating directly to charitable activities 141,920 141,920 115,813 Grants and donations - Governance costs: - Audit / independent examination - Preparation of annual accounts - Legal costs - Other - A3 Sub total 141,920 - - - 141,920 115,813 A4 Payments relating to asset and investment movements Purchases of fixed assets - Purchase of investments - A4 Sub total - ~~——~~ Total payments ~~———~~ 141,920 - - - 141,920 115,813 Net receipts / (payments) 26,822 - - - 26,822 40,025 A5 Transfers to / (from) funds - Surplus / (deficit) for year ~~——————~~ 26,822 - - - 26,822 40,025

APPENDIX 2

Phoenix Forfar

SC047205

Section B Statement of balances

Categories
Signed by one or two trustees
on behalf of all the trustees
B1 Cash funds
B2 Investments
B3 Other assets
B5 Contingent liabilities
B4 Liabilities		 Details Unrestricted
funds
to nearest £
141,565
26,822		 Restricted funds
to nearest £		 Restricted funds
to nearest £		 Expendable
endowment
funds
to nearest £		 Expendable
endowment
funds
to nearest £		 Permanent
endowment
funds
to nearest £		 Permanent
endowment
funds
to nearest £		 Total current
period
to nearest £		 Total last period
to nearest £
Cash and bank balances at start of year 141,565 101,540
Surplus / (deficit) shown on receipts and
payments account		 26,822 40,025
-
-
Cash and bank balances at end of year
(Agree balances with receipts and payments
account(s))
Details		 168,387 - - - 168,387 141,565
-
-
-
Fund to which a
-
sset belongs
-
Market valuation
to nearest £
-
Last year
to nearest £
Details Fund to which asset belongs Total
Cost (if available)
to nearest £		 -
-
Current value (if
available)
to nearest £		 Last year
to nearest £
Gymnastics Equipment No ne 34,500 29,500 15,000
Details Total
34,500
Fund to which liability relates		 34,500 29,500 15,000
Amount due
to nearest £		 Last year
to nearest £
Details Total
Fund to which liability relates		 - -
Amount due
(estimate)
to nearest £		 Last year
to nearest £
Signature* Total
Print Name		 -
-
Date of
approval
10/29/2025
10/29/2025

Signed by one or two trustees on behalf of all the trustees

ee413163209031637038156f24e19cf0d5ef6332b6dcadab3f8929cb3401d8dc / Statement of balances1

December 2007

APPENDIX 2

Phoenix Forfar

SC047205

Section C Notes to the Accounts

C1 Nature and purpose of funds (may be stated on analysis of funds worksheets)

C2 Grants

C3a Trustee remuneration

C3b Trustee remuneration - details

C4a Trustee expenses

C4b Trustee expenses - details

C5 Transactions with trustees and connected persons

C6 Other information

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Individual / Number of grants £
Type of activity or project supported institution made
Total
-
If no remuneration was paid during the period to any charity trustee or person connected to
a trustee cross this box (otherwise complete section 3b) X
£
Authority under which paid
If no expenses were paid to any charity trustee during the period then cross this box
(otherwise complete section 4b) X
Number of £
trustees
Transaction Balance
amount (£) outstanding at
Nature of relationship Nature of transaction period end (£)
Receipts from Fundraising activities includes
Fees £123,626
Club Fee £7,653
Club Comp £4 323
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ee413163209031637038156f24e19cf0d5ef6332b6dcadab3f8929cb3401d8dc / Notes1

December 2007

APPENDIX 2

Club Comp £4,323 Other Comp income £1,712 BG Income £60 Display Income £6,060 Leotard £25 Awards £1,903 Grants/Gift aid £11,021 Fundraising income £8,781 Interest £3,576

ee413163209031637038156f24e19cf0d5ef6332b6dcadab3f8929cb3401d8dc / Notes2

December 2007

APPENDIX 2

SC047205

Phoenix Forfar

Additional analysis (1)

Analysis of receipts and payments

1 Donations

1 Donations
Total Unrestricted
funds
to nearest £		 Restricted funds
to nearest £		 Expendable
endowment
funds
to nearest £		 Permanent
endowment
funds
to nearest £		 Total current
period
to nearest £		 Total last period
to nearest £
-
-
-
-
- - - - - -
- - - - - -

2 Grants

2 Grants 2 Grants
Unrestricted
funds
to nearest £		 Restricted funds
to nearest £		 Total current
period
to nearest £		 Total last period
to nearest £
-
-
-
-
Total - - - -
- - - -

3 Gross receipts from other charitable activities

Unrestricted
funds
to nearest £		 Unrestricted
funds
to nearest £		 Restricted funds
to nearest £		 Expendable
endowment
funds
to nearest £		 Permanent
endowment
funds
to nearest £		 Total current
period
to nearest £		 Total current
period
to nearest £		 Total last period
to nearest £
-
-
-
-
-
-
-
-
Total - - - - - -
- - - - - -

4 Payments relating directly to charitable activities

Unrestricted
funds
to nearest £		 Unrestricted
funds
to nearest £		 Restricted funds
to nearest £		 Expendable
endowment
funds
to nearest £		 Permanent
endowment
funds
to nearest £		 Total current
period
to nearest £		 Total current
period
to nearest £		 Total last period
to nearest £
Hall Hire 30,810








30,810









26,712
Coaching costs 79,802 79,802 70,970
Coach Education Courses 379 379 2,757
Competion Fees 3,500 3,500 4,599
Display Costs 6,295 6,295 5,343
BG 1,021 1,021 1,207
Capital Equipment 14,468 14,468 987
Award Schemes 2,118 2,118 2,074
Sundry 3,527 3,527 1,164
- -
-
Total 141,920 - - - 141,920 115,813
- - - - - -

ee413163209031637038156f24e19cf0d5ef6332b6dcadab3f8929cb3401d8dcAdditional notes (1)

December 2007

APPENDIX 2

SC047205

Additional analysis (2)

5 Breakdown of unrestricted funds

5 Breakdown of unrestricted funds
Receipts Unrestricted
fund 1 - enter
name of fund
below		 Unrestricted
fund 2 - enter
name of fund
below		 Unrestricted
fund 3 - enter
name of fund
below		 Unrestricted
fund 4 - enter
name of fund
below		 Total
unrestricted
funds		 Total
unrestricted
funds last
period
Donations -
Legacies -
Grants -
Receipts from fundraisingactivities 168,742 168,742 155,838
Gross tradingreceipts -
Income from investments other than land and buildings -
Rents from land & buildings -
Gross receipts from other charitable activities -
Sub total
Receipts from asset & investment sales		 168,742 - - - 168,742 155,838
-
Proceeds from sale of fixed assets -
Proceeds from sale of investments -
Sub total
Total receipts
Payments		 - - - - - -
168,742 - - - 168,742 155,838
-
Expenses for fundraising activities -
Gross trading payments -
Investment management costs -
Payments relating directly to charitable activities 141,920 141,920 115,813
Grants and donations -
Governance costs: -
Audit / independent examination -
Preparation of annual accounts -
Legal costs -
-
-
Sub total
Payments relating to asset and investment
movements		 141,920 - - - 141,920 115,813
-
Purchases of fixed assets -
Purchase of investments -
Sub total
Total payments
Net receipts / (payments)
Transfers to / (from) funds
Surplus / (deficit) for year		 - - - - - -
-
141,920 - - - 141,920 115,813
-
26,822 - - - 26,822 40,025
-
26,822 - - - 26,822 40,025
-

Nature and purpose of funds

Unrestricted Funds - general funds that the charity are able to use for any of the charity's purposes. These include the receipts and payments arising from donations, fundraising activities, rent of facilities and services. The charity trustees have earmarked £70,000 of the Charity's unrestricted funds for the purpose of a facility project.

ee413163209031637038156f24e19cf0d5ef6332b6dcadab3f8929cb3401d8dcAdditional notes (2)

December 2007

PHOENIX (FORFAR) GYMNASTICS CLUB - STATEMENT OF ACCOUNTS FOR YEAR ENDED 31ST

INCOME
OPENING BALANCE AT BANK
FEES
CLUB FEES
CLUB COMPETITION INCOME
OTHER COMPETITIONS INCOME
BG INCOME
DISPLAY INCOME
LEOTARD INCOME
AWARD SCHEMES
EQUIPMENT INCOME
OUTSIDE GRANTS/GIFT AID
FUNDRAISING INCOME
INTEREST/CASHBACK
TOTAL INCOME		 £
£141,565.23
£123,626.40
HALL
£7,653.00
COACHING
£4,323.00
COURSES
£1,712.00
CLUB COMPETITIO
£60.00
OTHER COMPETIT
£6,060.00
DISPLAY
£25.00
BG
£1,903.00
LEOTARDS/TRACK
£0.00
CAPITAL EQUIPME
£11,021.56
AWARD SCHEMES
£8,781.99
SUNDRY EXPENSE
£3,576.29
FUNDRAISING EXP
£168,742.24
TOTAL EXPENDITU
CLOSING BALANCE

2025

EXPENDITURE

£

ONS
TIONS
KSUITS
ENT
S
ES
PENSES
URE
E AT BANK
Opening Bank
Income
Expenditure		 £30,810.00
£79,801.78
£379.00
£1,712.75
£1,787.00
£6,295.00
£1,021.00
£0.00
£14,468.40
£2,118.47
£3,526.94
£0.00
£141,920.34
£168,387.13
£141,565.23
£168,742.24
-£141,920.34
£168,387.13

PHOENIX (FORFAR) GYMNASTICS CLU PROFIT AND LOSS ACCOUNT

2024/25

£

£

INCOME:

FEES
CLUB FEES
CLUB COMPETITION INCOME
OTHER COMPETITIONS INCOME
BG INCOME
DISPLAY INCOME
LEOTARD INCOME
AWARD SCHEMES
EQUIPMENT INCOME
OUTSIDE GRANTS/GIFT AID
FUNDRAISING INCOME
INTEREST/CASHBACK		 £123,626.40
£7,653.00
£4,323.00
£1,712.00
£60.00
£6,060.00
£25.00
£1,903.00
£0.00
£11,021.56
£8,781.99
£3,576.29
£168,742.24

LESS OVERHEADS:

HALL
COACHING
COURSES
CLUB COMPETITIONS
OTHER COMPETITIONS
DISPLAY
BG
LEOTARDS/TRACKSUITS
CAPITAL EQUIPMENT
AWARD SCHEMES
SUNDRY EXPENSES
FUNDRAISING EXPENSES		 £30,810.00
£79,801.78
£379.00
£1,712.75
£1,787.00
£6,295.00
£1,021.00
£0.00
£14,468.40
£2,118.47
£3,526.94
£0.00
£141,920.34

NET PROFIT/LOSS FOR YEAR

£26,821.90

Phoenix Forfar Gymnastics Club Trustees’ Annual Report From 1[st] June 2024 to 31[st] May 2025

APPENDIX 1

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Period startdate || Periodenddate
| Day | Month | Year | | Day | Month | Year__|
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Office of the Scottish Charity Regulator

Reference and administration details

Charity name Phoenix Forfar Gymnastics Club by Registered charity number $C047205 Charity’s principal address

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po
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Names of the charity trustees on date of approval of Trustees’ Annual Report

1 2 5 a a a 9 10 11 12 13 5 cr cr a rr a

: Name of person Trustee . Dates acted if : name Office (if any) not for whole year (or body) entitled to appoint trustee (if any) 1st June 2024-30t General Member July 2025 Chairperson h - present

1

APPENDIX 1

Reference and administration details

Names of all other charity trustees during the period, if any, (for example, those who resigned part way through the financial period)[if][ not][ for][ whole][ year] Name[ates][ ated] Structure, governance and management Type of governing document Constitution Trustee recruitment and appointment | was appointed a trustee by vote at the AGM on 30" July 2025. Objectives and activities

Charitable purposes The advancement of public participation in sport — To promote, foster and encourage the amateur sport of gymnastics and to support the aims of the governing body, Scottish Gymnastics. Summary of the main activities Continued programme of classes from primary school upwards offering in relation to these objects different days and times to accommodate family commitments and to remain as flexible as possible when recruiting more members. The club continues to offer Men’s, Women’s, Preschool and now Adult classes. We offer specific pathways to cater for more talented gymnasts to achieve the best outcomes for each child. Our display team which travels to noncompetitive festivals which is purely for enjoyment and team building within the club. Continued coach development and education is offered to our volunteers. Entry in to various competitions, with a club competition so that all the gymnasts can take part.

2

APPENDIX 1

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Achievements and performance
Summary of | JUNE 2024
the main
achievements 1. 161 gymnasts entered Forfar Club Championships, biggest ever event
of the charity
during the July
financial
period 2. 42 Spaces offered out for new members
3. 4 coaches attended coaching courses in Dundee
4. The club celebrated 40 years of operation with a party at the West End!
August
5. New system for renewing British Gymnastics membership introduced.
September
October
6. More new members joined after October holidays
7. Introduction of our new Adults class
November
8. [Passed her womens level 2 exam
9. [Passed her womens level 1 exam
10. Display team attended Gymfest in Edinburgh performing their country routine.
11. Some of the boys class attended the Winter Floor and vault competition in Edinburgh
December
12. Spaces offered out for new starts.
JANUARY 2025
13. J Passed her level one womens coaching exam.
February
March
14. Boys and Advanced girls attended the West Lothian floor and vault competition.
15. Boys and Development girls attended the Kirkcaldy floor and vault competition.
16. Preschool members took part in a sponsored walk at Forfar Loch.
April
May
17. Display attended Gymfest for the weekend at Ravenscraig.
18. Brechin gymnasts took part in their annual club championships
19. Forfar gymnasts took part in their annual club championships
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Financial review

|Briefstatement ofthe charity’s policy|| The club holds reserves in orderto forward payment ofadditional| |---|---| |on reserves|expenses which may arise during the financial year. Aswe endeavour to| ||fund ourown facility project, reserves will be used in stages to further this| ||project as and when required.| ||Additional reserves will be used to invest in the club’s equipment to| ||provide a better environmentforthe children towork in and to continue to| ||provide free education for coaches/volunteers.| |Details ofany deficit|n/a| |—||

APPENDIX 1

Other optional information

3

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

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Signature(s)
Full name(s)
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Position (e.g. Chair) | Chairperson

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| Chairperson General Member
Date 29% October 2025 29" October 2025
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4

APPENDIX 3

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Scottish Charity Regulator
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Independent examiner’s report onthe accounts w Report to the | Charity name Registered charity $C047205 number On the accounts of the Period start date | Period end date charity for the period ___Da | _Month | Year | | Day | Month =| Year Set out on pages |3 AND 4 vereber ot sitionto include sheets)th Respective The charity's trustees are responsible for the preparation of the accounts in accordance responsibilities Of with the terms of the Charities and Trustee Investment (Scotland) 2005 Act and the trustees and examiner Charities Accounts (Scotland) Regulations 2006 (as amended). The charity trustees consider that the audit requirement of Regulation 10(1) (d) of the Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under section 44(1) (c) of the Act and to state whether particular matters have come to my attention. Basis of independent My examination is carried out in accordance with Regulation 11 of the 2006 Accounts examiner’s statement Regulations. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeks explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and, consequently, | do not express an audit opinion on the view given by the accounts. Independent examiner’s |p the course of my examination, no matter has come to my attention statement 1. which gives me reasonable cause to believe that in any material respect the requirements: * to keep accounting records in accordance with section 44(1) (a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations, and * to prepare accounts which accord with the accounting records and comply with Regulation 9 of the 2006 Accounts Regulations have not been met, or 2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Signed™: Date: 30/06/2025 Name: Relevant professional qualification(s) or body (if any): Address:

*Please delete the words in the brackets if they do not apply. If the words do apply, set out those matters which have come to your attention on the following page.

** OSCR will accept digital or typed signatures

APPENDIX 3

Disclosure section

Only complete if the examiner needs to highlight material problems.

Give here brief details of any items that the examiner wishes to disclose

PHOENIX(FORFAR)GYMNASTICS CLUB - STATEMENT OF ACCOUNTS FOR YEAR ENDED 31ST MAY PHOENIX(FORFAR)GYMNASTICS CLUB - STATEMENT OF ACCOUNTS FOR YEAR ENDED 31ST MAY PHOENIX(FORFAR)GYMNASTICS CLUB - STATEMENT OF ACCOUNTS FOR YEAR ENDED 31ST MAY PHOENIX(FORFAR)GYMNASTICS CLUB - STATEMENT OF ACCOUNTS FOR YEAR ENDED 31ST MAY PHOENIX(FORFAR)GYMNASTICS CLUB - STATEMENT OF ACCOUNTS FOR YEAR ENDED 31ST MAY PHOENIX(FORFAR)GYMNASTICS CLUB - STATEMENT OF ACCOUNTS FOR YEAR ENDED 31ST MAY PHOENIX(FORFAR)GYMNASTICS CLUB - STATEMENT OF ACCOUNTS FOR YEAR ENDED 31ST MAY PHOENIX(FORFAR)GYMNASTICS CLUB - STATEMENT OF ACCOUNTS FOR YEAR ENDED 31ST MAY PHOENIX(FORFAR)GYMNASTICS CLUB - STATEMENT OF ACCOUNTS FOR YEAR ENDED 31ST MAY 2025
INCOME £ EXPENDITURE £
OPENING BALANCE AT BANK £141,565.23
FEES £123,626.40 HALL £30,810.00
CLUB FEES £7,653.00 COACHING £79,801.78
CLUB COMPETITION INCOME £4,323.00 COURSES £379.00
OTHER COMPETITIONS INCOME £1,712.00 CLUB COMPETITIONS £1,712.75
BG INCOME £60.00 OTHER COMPETITIONS £1,787.00
DISPLAY INCOME £6,060.00 DISPLAY £6,295.00
LEOTARD INCOME £25.00 BG £1,021.00
AWARD SCHEMES £1,903.00 LEOTARDS/TRACKSUITS £0.00
EQUIPMENT INCOME £0.00 CAPITAL EQUIPMENT £14,468.40
OUTSIDE GRANTS/GIFT AID £11,021.56 AWARD SCHEMES £2,118.47
FUNDRAISING INCOME £8,781.99 SUNDRY EXPENSES £3,526.94
INTEREST/CASHBACK £3,576.29 FUNDRAISING EXPENSES £0.00
TOTAL INCOME £168,742.24 TOTAL EXPENDITURE £141,920.34
CLOSING BALANCE AT BANK £168,387.13
OpeningBank £141,565.23
Income £168,742.24
Expenditure -£141,920.34
£168,387.13
PHOENIX(FORFAR)GYMNASTICS CLUB PHOENIX(FORFAR)GYMNASTICS CLUB PHOENIX(FORFAR)GYMNASTICS CLUB
PROFIT AND LOSS ACCOUNT 2024/25
£ £
INCOME:
FEES £123,626.40
CLUB FEES £7,653.00
CLUB COMPETITION INCOME £4,323.00
OTHER COMPETITIONS INCOME £1,712.00
BG INCOME £60.00
DISPLAY INCOME £6,060.00
LEOTARD INCOME £25.00
AWARD SCHEMES £1,903.00
EQUIPMENT INCOME £0.00
OUTSIDE GRANTS/GIFT AID £11,021.56
FUNDRAISING INCOME £8,781.99
INTEREST/CASHBACK £3,576.29
£168,742.24
LESS OVERHEADS:
HALL £30,810.00
COACHING £79,801.78
COURSES £379.00
CLUB COMPETITIONS £1,712.75
OTHER COMPETITIONS £1,787.00
DISPLAY £6,295.00
BG £1,021.00
LEOTARDS/TRACKSUITS £0.00
CAPITAL EQUIPMENT £14,468.40
AWARD SCHEMES £2,118.47
SUNDRY EXPENSES £3,526.94
FUNDRAISING EXPENSES £0.00
£141,920.34
NET PROFIT/LOSS FOR YEAR £26,821.90

APPENDIX 3

Independent examiner’s report onthe accounts Report to the Charity name

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w
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Registered charity SC047205
number
On the accounts of the Period start date Period end date
charity for the period Day Month Year Day Month Year
01 06 2024 to 31 05 2025
Set out on pages 3 AND 4 risebessof axitcne! sheets
Respective the charity's trustees are responsible for the preparation of the accounts in accordance
responsibilities Of with the terms of the Charities and Trustee Investment (Scotland) 2005 Act and the
trustees and examiner Charities Accounts (Scotland) Regulations 2006 (as amended). The charity trustees
consider that the audit requirement of Regulation 10(1) (d) of the Accounts Regulations
does not apply. It is my responsibility to examine the accounts as required under section
44(1) (c) of the Act and to state whether particular matters have come to my attention.
Basis of independent My examination is carried out in accordance with Regulation 11 of the 2006 Accounts
examiner's statement Regulations. An examination includes a review of the accounting records kept by the
charity and a comparison of the accounts presented with those records. It also includes
consideration of any unusual items or disclosures in the accounts and seeks
explanations from the trustees concerning any such matters. The procedures undertaken
do not provide all the evidence that would be required in an audit and, consequently, | do
not express an audit opinion on the view given by the accounts.
Independent examiner’s |p the course of my examination, no matter has come to my attention
statement
1. which gives me reasonable cause to believe that in any material respect the
requirements:
to keep accounting records in accordance with section 44(1) (a) of the 2005 Act and
Regulation 4 of the 2006 Accounts Regulations, and
 to prepare accounts which accord with the accounting records and comply with
Regulation 9 of the 2006 Accounts Regulations
have not been met, or
2. to which, in my opinion, attention should be drawn in order to enable a proper
understanding of the accounts to be reached.
Signed™: ‘CM i ddow Date: 30/06/2025
Name:
Relevant professional
qualification(s) or body
(if any):
Address:
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“Please delete the words in the brackets if they do not apply. If the words do apply, set out those matters which have come to your attention on the following page. ** OSCR will accept digifal or typed signatures