IMPACT COMMUNITY GYM CIC

Company limited by guarantee

Company Registration Number:
08880176 (England and Wales)

Unaudited statutory accounts for the year ended 28 February 2023

Period of accounts

Start date: 1 March 2022

End date: 28 February 2023

IMPACT COMMUNITY GYM CIC

Contents of the Financial Statements

for the Period Ended 28 February 2023

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

IMPACT COMMUNITY GYM CIC

Balance sheet

As at 28 February 2023

Notes 2023 2022


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 4,396 5,985
Investments:   0 0
Total fixed assets: 4,396 5,985
Current assets
Stocks:   0 0
Debtors: 4 1,129 1,108
Cash at bank and in hand: 40,501 2,422
Investments:   0 0
Total current assets: 41,630 3,530
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 5 ( 1,032 ) ( 966 )
Net current assets (liabilities): 40,598 2,564
Total assets less current liabilities: 44,994 8,549
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Accruals and deferred income: ( 41,417 ) ( 1,524 )
Total net assets (liabilities): 3,577 7,025
Members' funds
Profit and loss account: 3,577 7,025
Total members' funds: 3,577 7,025

The notes form part of these financial statements

IMPACT COMMUNITY GYM CIC

Balance sheet statements

For the year ending 28 February 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 19 October 2023
and signed on behalf of the board by:

Name: Jacqueline Oakes
Status: Director

The notes form part of these financial statements

IMPACT COMMUNITY GYM CIC

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover comprises the fair value of the consideration received or receivable for the sale of goods and services in the ordinary course of the company's activities. The company recognises revenue when:The amount of revenue can be reliably measured;it is probable that future economic benefits will flow to the entity;and specific criteria have been met for each of the company's activities.

    Tangible fixed assets depreciation policy

    Depreciation is charged so as to write off the cost of assets, other than land and properties under construction, over their estimated useful lives as follows:Office equipment - 33% on costPlant and machinery - 33% on cost

IMPACT COMMUNITY GYM CIC

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 3 3

IMPACT COMMUNITY GYM CIC

Notes to the Financial Statements

for the Period Ended 28 February 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 March 2022 23,402 23,402
Additions 420 420
Disposals
Revaluations
Transfers
At 28 February 2023 23,822 23,822
Depreciation
At 1 March 2022 17,417 17,417
Charge for year 2,009 2,009
On disposals
Other adjustments
At 28 February 2023 19,426 19,426
Net book value
At 28 February 2023 4,396 4,396
At 28 February 2022 5,985 5,985

IMPACT COMMUNITY GYM CIC

Notes to the Financial Statements

for the Period Ended 28 February 2023

4. Debtors

2023 2022
£ £
Trade debtors 0 0
Prepayments and accrued income 0 0
Other debtors 1,129 1,108
Total 1,129 1,108
Debtors due after more than one year: 0 0

IMPACT COMMUNITY GYM CIC

Notes to the Financial Statements

for the Period Ended 28 February 2023

5. Creditors: amounts falling due within one year note

2023 2022
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 457 100
Taxation and social security 210 93
Other creditors 365 773
Total 1,032 966

COMMUNITY INTEREST ANNUAL REPORT

IMPACT COMMUNITY GYM CIC

Company Number: 08880176 (England and Wales)

Year Ending: 28 February 2023

Company activities and impact

The company rubs a community gym with the emphasis on providing accessible and affordable fitness for all, benefitting the community in the following ways:1) providing free access to the gym with help and advice always to hand2) giving structured classes to groups, such as:a) probation servicesb) Princes Trustc) Young offendersd) People with diabilities3) working alongside the police to help keep people fit and healthy and away from crime4) working with community groups to provide fitness sessions for people with disabilities5) providing classes for the general public

Consultation with stakeholders

The stakeholders are IOM north (probation)staffordshire police force The Princes trust The NHS Headways Landau All stakeholders have been asked for and have given feedback on our services. The feedback has been used to improve the services. The directors are local, living in stoke on trent. The directors have monthly meetings to discuss plans for the future and ideas of improvement for the services.

Directors' remuneration

A salary of £18,208 was paid to Ms J Oakes during the year

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
19 October 2023

And signed on behalf of the board by:
Name: Jacqueline Oakes
Status: Director