Comp•ny regl•tr¥tlon number CS00495318¢otlandl
Charlty r•gl•tratlon numbgr SC050631 IScolland}
FLAIR GYMNASTICS CLUB
ANNUAL REPORT ANO UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025

FLAIR GYMNASTICS CLUB
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Nlwla Mack3y
Carole Mcclure
Iliam Srntth
Alleen Ward
Chgrfty numbev (Scotlandl
SC050631
Company number
CS004￿3
R•ghtw•d oftlc•
137 Shawbridge Street
Glasgow
United Klngdorn
G431QQ
Indepond•nl ¢xamlner
Frank Walker
2 Woodside Place
Gl88gow
G8 7QF

FLAIR GYMNASTICS CLUB
CONTENTS
Pau•
Trustees, report
Indgp¢ndent gxamlnerfs report
ststement of flnand81 actlvttle8
Balance sh•et
Notes to the flnanc4al Btglgmenls
9-17

FLAIR GYMNASTICS CLUB
TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 30 SEPTEM8ER 2025
TRUSTEES'ANNUAL REPORT
FOR THE PERIOD ENDED 30TH SEPTEMBER 2025
The trustèe$ are pleased to p￿s&￿t their report together vrith the flnan¢ial statements forthe above period.
REFERENCE AND AOMINISTRATIVE INFORMATION
Charlty Nam&:
F181r Gymnaslcs Club
Charfty No:
SCO50631
Addre8S:
137 Shawbiidge Slr9et,
Glasgow,
G43 1QQ
Trusleos:
Nlcola Maekay IChalrpersonl-Appointed 23rd March 2022
Carole Mcclure {Secretaryl-Appoint8d 19thS8pt9mber 2020
William Smlth ITreo8urer}-Appolnted 19th September 2020
Aileen VVard-Appointed 22nd October 2023

FLAIR GYMNASTICS CLUB
TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) ICONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
STRUCTURE, GQVERNANCEAND MANAGEMENT
Constitutlon
The Charity 15 a SCIO, registered on 161h December 2020. It has 3 slngle-tier structure where truslees are al80
membars.
Charltablè Purpose5
To encourage publk p•rtJcipation In sport and advance the practice of gymnA8￿cS to Improve heallh, qualty of
Ilfe, and opportunity.
To advance education by supporting Indniiduals In expandlng 6kllls, knowledge, and qualiflcalons through
sp￿L
To provide sports facilities to promote partlcipatlon in gymna8tics
Appolntrnent of Tru8tees
Trustees are appointed thTough board decisions and must undergo PVG cl¢arance. The board rneets regularfy. with
a rnlnimum of 3 and a maximurn of 7 trustees. Decblons are m8de by malorty vote. with the chair holdlng g castlng
vote when necessary.
OBJECTIVESAND ACTIVITIES
Club Achlevaments
This year saw a new generatSon of SUC￿sS for the club in its competitive secllons, with Cara Mcclure becoming
ur next repreSentat￿e on the Scotland tearn for NDP Fimals at Performance 1 ÈS the standout highlight of this
period. Our Artistic and Floor & Vaull Squads 8¢hieved an incredible amount of medals al natlonal events
throughout the ye8r whlle conlinulng to climb the competiiSve pathway into its hlghest level3, solidfylng our profile as
a centre for development of hSuh*ualily gymnastics.
We also reached new heights In our membership and capadty. surpassing 750 gymna8ts attendlng each week for
the first lime thanks lo continuèd investment In developlnu our coachlng team and tnaKirnising our class timetable to
ensure that we provide as many platss a5 P0S5ible for all ages & abilthes lo access gymTiastics In our facility,
CLUB ACTIVITIES AND GRo￿TH
Al the end of Septsmber 2025, the club had reached maximum current c8P8¢tty, wth 763 gyrnnagt9 8ttending
weekly dasses across a broad and induslve programme..
85 in Pr&School classes
554 in Stage 1-4 Recreafjonal Gymn88dcs
34 in Boy5, Gymnastics
26 in Senlor & Adult Gymnastic¥
25 In Floor & Vault Squads
39 In ArtlstSc Squ8ds
Th18 yearfs strong growth was not ju51 In tetTns of number of places available., we 8150 launched a new Dlsplay
Team to offer a dlffer8nt patI￿aY for our recreabonal members to oxplore, whth comblne8 their gymna5Ics skills
with group balan￿, dance & forMat￿n work lo create routines that showcase their abllity 81 event8 auoss the
country- and hopefulty beyond, In years to ￿Me.
Our annual Club Champlonshlps event W85 our blgg8St and best yet, b￿nging together every part of the club lor
weekend celebrating their progress and displaying their fantastic skills. It was also our most succBssful fundraising
eveni so far, wilh an arnazing £7,932 earned via Ihe ettorts of our hardwoTking volunteer tsgm offering games,
8Ctivities, stalls and refreshments for the whole weekènd.
February 2025 also rnarked a new mi165tone for our compet￿1Ve 8ection, wilh our first attendane8 al a dub
competilon outside tsf S￿lIand., 7 of our squad memb2r8 along wlth Ihelr coaches & parents travelled to the Notts
Opèn and came back lots of medals, valuable experience and incredible memories lo savour.
Once again our school hollday camps proved to be incredibty popular throughout the year, with 346 oddltlonal
gymna8tS 8ttendlng during these weeks. demonstratlng how huge the demand for gymn85tics remalns even
desplte us strlving to increase our capaaty to Its max.

FLAIR GYMNASTICS CLUB
TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORTI (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
FACILITY IMPROVEMENTS
An eady exriling arrlv81 Ihis year w8$ our portable foam plt. which has made a hug8 impact on our abllity to traSn
our gymnasts, hlgh-level skills safety wrth far greater efficiency, as well as glving 811 of our recrealonal mernbers
load of new lun setUP5 in Ihelr da$$e8 tool
W8 also invested carefully in 4ddSUonal blocks and mattlng, as well 05 small apparatus, to continu6 to hdp us
Increase the amount of options 8vailable to accommodate more gymnast5 in the gyTn each day wittiout sar￿firyng
the amount ol time they 8re actively le8ming and enjoying thelr sport. Total spend across the year w85 £17.294 and
has prov6d to be hugety beneficial for all of our members and coachos 80 far.
Conlnued inv8Strnent wll be required next year to maintaln the hlgh standards we have Set and to keep the gym
environment perfomiing at It$ best, with the majority of our equipment now reathing 5+ years of Se￿Ice. Thi5 has
been f8¢tOTed into next yearfs financial plannlng.

FLAIR GYMNASTICS CLUB
TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED
FOR THE YEAR ENDED 30 SEPTEAIBER 2025
TEAM DEVELOPMENT
A signhlcant addition lo Ihe Club learn was made In Novernber 2024. with the recruitment Df our first fu114ime
Adrninistratlve Coordlnator. This has transfomied the structure and workload involved in operafjng the club 8nd
provided immens? support to the menagement team In dedicaing their focus lo thg delivery of the gymnasllcs
progiamme.
W8 also conllnued to expand ond develop our coachlng team..
2 coaches pa¥Ucipaled in the Club Culture Development Programm• run by Scottish Gymnastics
4 eoaches attended Scottish Gymnastics, Ragional Pathway cllnlcs
3 coach•¥ gained thèlr Level 1 qUal￿¢3110￿5
CHALLENGES
As a￿ays, the winter peTlod land January in partlcularl proved challenging for the dub, wilh unplanned do8ures
due to snow 8nd low temperatures requirlng slgnlficant refund8 to members. The club has done everythlng in 118
power to prevent these wthin the bound5 of our control, and will continue to explore options lo reduce th¢ impact of
cold weather on our operalons golng fo￿8rd.
Our stsff team also changed dramatically durfng this annual period,. longstandlng seniDI members, Including our two
Team Managers. stepped back trom their roles to pursue new career palhway5, and key ry?aches moved on from
the club. in some cases wrth gymnasts following them and requlring Inlemal iestTUCturing withln our squads. This
has p3ved the way for new opportunitle5 to be available to Current team members looking to step up, as well &s
recruilment opportUn￿eS for hlgher4evel personnel to join our team. Both are belng actlvely pursued going into our
next annu81 peiiod.
FINANCIAL REVIEW
The Statement of Finanaal ACUv￿.eS and the Balance Sheet are set oul In the pages below.
Our tnmin source of income was by way of membership and competition fees. plus evenl income. Total Income for
2024-25 was £460,849. Thi5 vras an increase on 2023-24 income of £377,504. This increase is mainty due to the
increase in number of gymnasts attending throughout the year.
Expenditure In the year was £442,207 compared wSth £383.827 previously.
As a result, a pfofft 01 £18.642 was realls8d.
Re8eNè¥ Pollcy
The truste&s are aware they have a duly to identify and rev18W the charity's reserves and ensure they do not fa
below a level whith would enable the chmrity lo continue rts day-to-day activities. They believe that resetwes should
be at least the equivalenl of threè months annual costs. Based on an eslmaled annual expenditure of £427,357
Icuvrent ￿StS less depreclatlonl, we would require £106,839.25. Current reserves fall Short of IhS5.
APPROVAL
T￿e fin8ndal statements were approved by the Board of Trustee8 and authorfs¢d for issue on 19th June 2026 and
were Signad on its behalf by..
Signed..

FLAIR GYMNASTICS CLUB
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEAIBER 2025

FLAIR GYMNASTICS CLUB
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF FLAIR GYMNASTICS CLUB
I report on th8 financ181818lements ol the Charity for the year ended 30 September 2025. whlth are sel out on
pages 6 to 17.
R•8pectlve re•ponslbllities of trusteas and examlner
The charty twstees (who 8Te also the directors of Flair Gymna515cs Club for the purposes of cotnpany 18wl are
responslble for the preparation of the financlal statementt in accordance with the terms of the Charities and Trustee
Investment (Scollandl Act 2005 and the Charities Accounts IS¢oUandl Regulati)n8 2006.The Charty tnjstees
consid6T that the audlt requirement of Regulation 1011llal-Icl of the Chariknes Accounts Iscouandl Regulations 2006
does nol app￿.
It Is my responslbility to examlne the finandal stalernenls as required under $9dion 4411 Ilcl of the Charities and
Trustee Investment (Scotlandl Act 2005 and to stata uthèther partt¢ular matters have come to my attentlon.
Ba81s of Independ•nt examln•r's 8tatem&nt
My eKaminalSon Is carried out in accordance wrfh Regulatlon 11 of the Ch8ritle8 Accounts (Scotlandl Regulations
2006. An examinatlon Indudes a revlew of the accounting record5 kept by the charity and a cotnparison of thè
financial statements presented with those records. It also includes Consideration of any unusu81 items or d15cIoBuTes
in the financial statements, and seeking explanats'ons from the twstee5 concerning any such matters. The
Procedu￿8 vndertaken do not provide all the evidence that would be required In An audA. and consequently I do not
express an audft oplnlon on the vlew given by the finAnelal statement5.
Independent •xamIne￿3 statement
In the course of my examlnatSon, no matter has come to rny attentlon
1. whlch gives me reasonable cause to believe that in any mat8rfal respect the requlr8men¢S.'
to keep accounting records in accordan¢e ￿th Sectlon 4411llal ol the Charities and Trustee Investment
Iscouandl Act 2005 and Regulation 4 of th8 Charities Accoun15 (Scotlandl RegulaUon8 2006, and
lo prepare financlal statement5 whlch accord wrth Ihe 8ccounilng records and comply wlth RegulaUon 8 of
the CharIt￿S Accounts {Sco118ndl Regulatsons 2006
have not been met, or
2. to whlch, in my oplnion, attentkn should be drawn in ordar lo enabl6 a proper und6r$l¥nding of the fln8nclal
statements lo be reachèd.
Frnnk Walk
19 June 2028

FLAIR GYMNASTICS CLUB
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 30 SEPTEMBER 2025
Unrestrlctg(l Re6trlct•tt
fund8
fvnds
2025
2025
Total Unr•8tricted R•stri¢ted
funds
funds
2024
2024
Total
2025
2024
Nota8
Income from:
Charitable aciivlues
Olher trading ath"vlli8s
460,477
372
460,477
372
374,895
2,609
374,895
2.609
Total In¢c4ne
460,849
460,849
377,504
377,504
ExpendSture on:
Charitable acUvllb8
Other expendilure
422.175
5,182
14,850
437,025
5,182
363,230
5,747
14,850
378.080
5.747
Total expendlture
427.357
14,850
442,207
368.977
14,850
383.827
Net Incomellexp•ndlturel and
movement In funds
33.492
114,8501
18,642
8.527
114,8501
18.3231
Reconclllatlon of lund$:
Fund balances al 1 October
2024
50.694
14,850
65,544
42.167
29,700
71,867
Fund balane•s at 30
September 2025
84,186
84,186
50.694
14,850
65,544
The statement ol finanelal activities indudes all gain8 and Ios$e8 recognlsed In the year. All income and expendllure
del￿9 from conlinulng aCtIv￿￿8.

FLAIR GYMNASTICS CLUB
BALANCE SHEET
AS AT30 SEPTEMBER 2025
2025
2024
Not•*
Flxod ￿Sets
Tanglble assets
10
37,773
49,146
Current ag59ts
Cash 8t bank and In hand
96,451
68,658
Credltors.. amounts falllng due wlthin
on• year
12
112,4971
{9,6431
Net current assets
83,954
59.015
Total #88et$1988 ¢urrent Ilabllltlots
121,727
108.181
Cradltors: amounts falllng du• after
more than on• year
13
137,5411
142,6171
84,186
65,544
Thè funds of th• Charlty
Restrfcted incorne fund8
Unrestricted fund$
15
16
14,850
50.e94
84.186
84,186
85.544
The compary Is entiued to the exemption from the audlt requlrement contslned in sectk)n 477 of the Companles Act
20rK, for the year ended 30 September 2025.
The dlrectorB acknowledge IheSr Te5ponsibilities for cornplylng ￿th the requirernents of the Companle¥ Act 20(
th respect lo accounlng records and the preparatlon of finanual $lalements.
The members have not required the compony to obtain an audit of its financial statements for Ihg year in question In
accordance with 5ethon 476.
These financial statements have been pr8p?red in accordance whh the provlslon3 applicabla to companies subleci
to the srnall companies re￿Me.
The fjnanrial statements were 8pproved by the trustees on 19 June 2026
William Smlth
Trustee

FLAIR GYMNASTICS CLUB
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
Accountlng polScles
Charfty Inforniotlon
Flair Gyrnnastr'cs Club is 8 Scottish Charty, reglstered number CSLN)4953
1.1 Accountlng convèntlon
The financlal 8tslements have been prèpared In accordance wtth 1he Charities and Trustee Inveslm¢nt
IScoU8ndl Act 2005, the Charities Accounts IScotl8ndl RegUla￿on$ 200613s amended) End￿, FRS 102'The
Flnandal Reptsrbng Standard applIc8￿8 In the UK and Republlc of Ireland" I'FRS 102.1 and th8 Charities
SORP'Accounting and Rèporting by Charitie5.' Statement of Recommended Practice applicable to Char￿e8
preparing their accounts in accordanc8 with the Flnanci81 Repo￿.ng Standhrd applicable in the UK and
Republic of Ireland IFRS 1021. leffecli¥e l January 20191. The charity is a Public Ben&fit Entliy as definèd by
FRS 102.
The charity ha$ taken advantage of thè provi8lons in the SORP for ch8Tbties not to prepare a Stat8m•nt of
Cash Flows.
The fjnancial statements are prepar8d in 5terfing, whlch 1$ the fvnctional ￿rrencY of Ihe charfly. Mtsnètary
amount$ In these ffinanclal statement$ are rounded to the ne8resl £.
The financial 8talements have been p￿pared under the historfcal cost conventlon, Imodiffiad to Indude the
revaluaiion of freehold properties and lo Include investment properties and ￿rtAin ffnanrAal instrumènts at fair
valuel. The prinap81 aecounting policies adopted are set out below.
1.2 Golng concern
At the tlme of approving the finanrial statements, the truste6s have a reasonable expectatlon that the Charity
has adequate re80Ufce5 lo continue In operational existenGe for the foreseeable future. Thus the trustees
continue to adopt thts going concern basis ol accounting In Preparing the finan¢i818talements.
1.3 Charltable funds
Unrestricted funds are available for use al the di5cretlon of thg Iru8tee5 in ftjrtherance of their ¢haritable
oblectives.
Restricted funds are subied to specffic conditions by donors QT grantors a$ lo how they moy be used. The
purposes and uses of the restrfcted funds 81e set out in the noles to the finanoal st8lements.
Endowment funds are 8Ut¥ect lo specffic condition$ by donors that the capital must be maintalned ty Ihe
Charty.
1.4 Income
Income 15 recognlsed when the Charity is leu81ty enlilled to it after any performance condTtion$ h8ve been
mel, the amounts can be measured rellably, and il is probable that Income wll be recelved.
Cash donats'ons am rèeognised on recelpt. Other donation6 are recognlsed once the Charity has been notifi
of the don8I'on, unless performance conditions require deferral ol tho amount. Ineome lax recoverable In
relathon lo donations receSved under Gift Ald ol deed8 of coveTrant is recognbsed at the time of the donatlon.
Legades Are recognised on recelpl ¢r otherwise rf the Ch8rily has been notified of an impending dlsiributlon,
the amount is known, and recelpt Is expected. If th& amount Is not known. the legacy 18 treated a5 8
contingent 88881.

FLAIR GYMNASTICS CLUB
NOTES TO THE FINANCIAL STATEMENTS ICONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
Accounting pollcie•
Icrjnllnued)
1.$ Expendlture
Expendfture Is recognlsed once there is a lèg81 or constructive obligalon io transler economic benefft to a
third party. it Is probable that a transfer of economic bensrts wlll be required setuement, and the arnounl of
the obllgalion can be measurtsd reliabty.
Expendltut8 Is dassffied by activity. The costs of each actlvty are rnade up of Ihe total of dlrect costs and
shared costs. including support costs Invtslved in undertaklng each activity. Direct costs 8ttributable to 8 S￿ngle
activity ale dlocaled direcuy to that advity. Sharèd costs which contributtr to rnore IhaTTr one activSty and
support costs whlch are not 3ttributa￿e to 8 Single aetlvily are apportioned between those acllvmes on a basis
consistent wth ihe use ol resources. Central 8taff costs are allocated on the basis of time Spent, and
depre￿?110n charge8 are a110¢91ed on the portion of the assèt's use.
1.6 Tangible flxed a8￿ts
Tangible fixed 08sels are initialty measured 8t cost and subsequenuy measured at cost or valuatbon, net of
depreuauon and any Impairment10$5es.
Depreciatlon is recogn15ed so as to write off the c081 or valuatlon of assets1è5S their residual values over Ihelr
usefvl lives on the following bases..
Gym Equipment
Computers
25% on Cosl
25% on Cost
The gain or1085 arising on the disposal of an asset is detemilned as the difference be￿fren the saltr proceeds
gnd the carrylng value of the asset. Ènd is recognlsed in the ststernent of financial activities.
1.7 Impolrnient of fixod assèts
At eath repoTllng end date. the Charity reviews the carrylny amounts of its tan9ible assets lo detemiln8
whètheT there is any indicatkJn th81 those assets have suffered an imp8imient loss. If any such indicatlon
exlsts. the recoverable amount of the asset Ss e$llmaled In order to detemine the extent of thts impairment
loss Ilf 8nyl.
1.8 Ca8h •nd ca8h èqulvalents
C38h and e8sh equivalents include cash In hand, dep051t$ held at G911 with banks, other short-tem liquld
investments wlth orlginal maturiti'es of Ihree month8 or less, and bank overdrafts. Bank overdrafts are shovm
wllhln borrowings in current118biliiies.
Baslc fin8nclal ass•ts
Basic financial assets, which Inclvde debtors and ¢8sh and bank balances, are inltlalty measured pl
trang3Ction prlce including tf8nsaction cost5 and are subsequentty carried at arrorb"se¢J ￿st using the effective
Interest metrod unless the 8rrangemenl constitutes a financing transacbon. where the transgction Is
Measured at the presenl value of the future Teceipls discountèd at a rnark&l rate of Intere81. Finanaal 8s$els
dasshled 8$ receivable ￿￿thIn one year ara not 8mortised.
10-

FLAIR GYMNASTICS CLUB
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
Accounung pollelos
Icontlnued
Bas1¢ financlal Ilabllltles
Ba$le financlal Ilabllhles, Indudlng credttors and bank loan5 are initialty r8cognised at tran¥3ctlon prlce unless
the arrangement constrtutes a ffinanclng tr8n$action, where the debt instrument is measured at the present
value of the future payments dlscounied at a market r8te ol inteiesL Financlal liabilthes classlfigd 88 payable
wlthin one year are not arnortised.
Debt In5trument5 are subsequently carried gt amortised cost. U81r>g the eff￿1ve interest rale method.
Trade creditors are obligations to pay for good5 or services that have been acqulred in the ordin8ry course of
operalons frorn suppliers. Amount8 payable are classified a5 current liabilibe$ rf payment 15 due wSthln ono
year or less. 11 not. they are pres¢nlgd as non-oJrr8nl l1abil￿es. Trode creditor8 are recognlsed inib'ally at
transathon price and subaequentty measured at arnorlised cost using the effective Intsrest m8thod.
Der￿09￿1110n of flnaftcl•l l￿bilitieS
Financial Ilabilths arè derecognised ￿en the Charlty'5 contractual obligation8 explre or are discharged OT
cancelled.
1.9 Employge benef5ts
The cost of any unused holiday 8ntKSemenl is recognl$ed in the perlod in which the employee's $ervlce8 are
received.
Termination benefi15 are recognlsed immedlately as an expense whtsn the Charity is derTh)nstrabty cornrnitted
to temilnate the èmpkjyment of an employ8e or lo provide temiirsation benefts.
1.10 Retlrernent benefits
Payments to defined eontribution retlrement benefit sthemes are charged a8 an expense 88 they fall due.
Critical aecountlng estlmat•s and judgern•nt$
In the applicauon of the Charlty's 8ccountlng pollcle5, the trustees are required to make judg8menls.
estlmates and a88umptions about the o8rrying amount of a55ets and liabilities that are not Teadity app&rent
frorn other source8. The estimates and a550ciated assumptions are b8s8d on historfcal experience and other
factor5 that are ¢onsldeTed to be relevant. Actual results may differ from Ihe8e estlmateg.
The estimates and underfying assumptions are revlewed on an ongolng basis. Re￿$lOn8 lo accounting
e5tlmates are reco9nlsed in ihe period In which the estirn*e is revised where the revision affects onty that
period, or in the period of the revlslon and lulure period5 vtheTe the Tevlslon affects both current and future
perfods.

FLAIR GYMNASTICS CLUB
NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI
FOR THE YEAR ENDED 30 SEPTEMBER 2025
Income from ¢h8rttable •¢tlvities
Unre¥trtctod
fund8
2025
Unr05trfct
lund8
2024
Membership & Training Fees
Competilions
Events
Clothlng
435,468
11,086
11,928
1,995
343.929
7.801
16.288
6,877
460,477
374.89S
Income from Fundralglng & DonAtl¢ns wctlvltle
Unrestrl¢t¥d Unr••trrcted
lunds
funds
2026
2024
Fundralslng & Donations
372
2.609
12-

FLAIR GYMNASTICS CLUB
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
expenditur* on charltabl• actSvltle8
2025
2024
Dlrect costs
Slaff eosl$
Depreryalion and Impalrmenl
R8nVUtilities
Venue Works
Governing Body
Compeullon Fees
Events
PubllcitylM8rketing
Wages13rd Pariyl
Education & Tralning
Clothlng
Insuranc&
Small Equlpment
Mlscellaneous
Supplles
Legal & Profès&lonal
Subscriptions
302,369
28,009
22,048
7,870
24,400
9,381
12,383
1.280
8,407
3,289
7,718
219
385
2,667
2.394
2,340
1,886
239,093
26,282
19.978
9.000
18,947
7,865
11,260
1,486
17,893
3,244
12,288
739
730
2.429
2,196
1,920
2,730
437,025
378.080
Analysls by fund
Unreslrfcted fvnds
Restricted funds
422,175
14,850
363.230
14.850
437,025
378,080
Tru$tsa8
The remuneration of Trustees is Inclu¢J¢d wr(h Related Patty Transactlons Note
Employees
Thè average monthly nurrt)er of employeès during the year wa8..
2026
Numbor
2024
Number
22
20
13-

FLAIR GYMNASTICS CLUB
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED
FOR THE YEAR ENDED 30 SEPTEMBER 2025
Employees
Icontlnuedl
Employment colts
2025
2024
Wagès and sal8rf0s
Sod818ecurity costs
Other penslon costs
290.038
8.945
3,388
231,674
4,908
2,511
302.369
239,093
There were no employees whos8 annual remunerallon was more thon £fjQ,0￿).
Remuneratlon of key management ￿rsonnel
The remun8ration of key management personnel was as follows..
2026
2024
£53,379.71
£7S.177.78
othor •xpendlture
Unrn¥trlcted Unr•8trlcted
fund$
funds
2025
2024
Entertainlng
Loan Interest + Fees
Bank Charges
468
4.046
668
677
4.494
578
5,182
5,747
Taxotlon
The charfty is exempt from taxats'on on hs activltles because all Its Income i% applied for charitable purp¢)se5.
14

FLAIR GYMNASTICS CLUB
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
10 Tanglbl• flxed assèts
Gym
Equlpmont
Cornputo
TDl•l
Cost
Al 1 Octobèr2024
Additsons
129,704
16,636
1.375
131.079
16,636
At 30 Septembtsr 2025
146.340
1,375
147,715
Depreclatlon ond Impalrment
At 1 October 2024
DepredAtlon charged In the year
81,589
27,665
81,933
28,(K)g
At 30 September 2025
109.254
688
109,942
Canylng amount
AI 30 September 2025
37.086
687
37,773
At 30 September 2024
48,115
1,031
49.146
11 Loans and overdrnfts
2025
2024
SIS Loan
42,170
47,246
Payable withln one year
Payable after one year
4.629
37,541
4,629
42.617
12 Credltors.. amounts falling duo vAthin on• year
202S
2024
Notes
SIS Loan
Other taxallon and sodol security
Other creditors
Accruals and delerred Incom8
11
4,629
4,280
1,248
2,340
4.629
2,420
674
1,920
12,497
9,643
15-

FLAIR GYMNASTICS CLUB
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
13 Cr•dltors: omounts falllng due after morn than on• yè•r
2025
2024
Notes
SIS L08n
11
37,541
42,617
14 Retlrement benefft schemes
2025
Defined contrfbution sehèmes
2024
Charge to profil or lo$s in ￿Spect of definèd contribution schemes
3,388
2,511
The Charlty operat&s o defined contributlon pension scheme lor all qualifylng employees. The a3setB ol the
schem8 are held 8tsparately from those of the Charily in an Independently adrnlnistered fund.
IS Ra$trfcted lund8
The restrlcted fvnds of the charty comprise the unexpended bal8nces of donatlons and gr8nts held on Iwsl
subject to specific Condttlons by donors as lo how they may be usad.
At 1 October
2024
Resource*
At30
expended 8•ptsM￿r
2025
14.650
114,8501
Pwvlous y•ar'.
At 1 Octob•r
2023
Resources
At30
expendad Sepi•mber
2024
29,700
114,8501
14.850
18 Unre¥trfct•d fund8
The unrestricted funds of the charity comprlse the unèxpended balances of donations and grants whlch ar
not subject to specific CDnditions by donors and grantors as to how they rnay be used. These include
d8signaled funds which have been set aslde out of unrestricted funds by the trustees for specific purposes.
At 1 October
2024
Incomlng
Msources
Regouree
A130
•xpend•d Septembor
2025
General ftjnds
50,694
460,849
1427,3571
84,186
16-

FLAIR GYMNASTICS CLUB
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
16 Unre8trfct•d fund•
Icontinuedl
Prevlou4 yèar,,
At 1 Oetobgr
2023
Incomlng
resources
Resource>
At30
èjtpended September
2024
General lunds
42,187
377,504
1368,9771
SO.694
17 Anaty$ls of net a68ets belween fund#
Unrestrf¢ted
funds
2026
Restricted
fund8
2025
Total
2025
At 30 Septembar 2025..
Tanglble assets
CuThent assetsllli8￿l6U88
Long temi li8bUities
37,773
83.954
137.5411
37,773
83,954
137,541)
84,186
84,186
Unye8trlettrd
funds
2024
R•8tricted
funds
2024
Total
2024
At 30 Septèmber 2024:
Tangible assets
Current assetsllliabillle$l
Lgng term liablllb-e8
34,298
59,015
(42,8171
14,850
49,146
59,015
142.6171
50,894
14,850
65.544
18 Rdated party trnnsactlong
The remuneration of kèy management per¥onnel was a8 follows..
Wllliam Smlth.. £53,379.71"12024 £53.702.011
'Indudes E'er NICE'er Pension
17-