TUMBLING TRAMPOLINERS C.I.C.

Company Registration Number:
10564411 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2023

Period of accounts

Start date: 1 April 2022

End date: 31 March 2023

TUMBLING TRAMPOLINERS C.I.C.

Contents of the Financial Statements

for the Period Ended 31 March 2023

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

TUMBLING TRAMPOLINERS C.I.C.

Directors' report period ended 31 March 2023

The directors present their report with the financial statements of the company for the period ended 31 March 2023

Principal activities of the company

The principal activity of the company in the year under review was that of trampolining tuition and providing sporting activities for the community.

Political and charitable donations

During the year ended 31.03.2023, the company made charitable donations totalling £2,164.



Directors

The directors shown below have held office during the whole of the period from
1 April 2022 to 31 March 2023

Miss R L Tonge
Y Vidal
T A Williamson


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
10 September 2023

And signed on behalf of the board by:
Name: Miss R L Tonge
Status: Director

TUMBLING TRAMPOLINERS C.I.C.

Profit And Loss Account

for the Period Ended 31 March 2023

2023 2022


£

£
Turnover: 45,658 84,820
Cost of sales: ( 18,745 ) ( 17,027 )
Gross profit(or loss): 26,913 67,793
Administrative expenses: ( 50,039 ) ( 46,346 )
Other operating income: 0 10,021
Operating profit(or loss): (23,126) 31,468
Profit(or loss) before tax: (23,126) 31,468
Tax: 4,736 ( 5,912 )
Profit(or loss) for the financial year: (18,390) 25,556

TUMBLING TRAMPOLINERS C.I.C.

Balance sheet

As at 31 March 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 3,258 1,459
Total fixed assets: 3,258 1,459
Current assets
Stocks: 4 100 100
Debtors: 5 5,081 474
Cash at bank and in hand: 6,483 50,003
Total current assets: 11,664 50,577
Creditors: amounts falling due within one year: 6 ( 4,411 ) ( 23,135 )
Net current assets (liabilities): 7,253 27,442
Total assets less current liabilities: 10,511 28,901
Total net assets (liabilities): 10,511 28,901
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 10,510 28,900
Total Shareholders' funds: 10,511 28,901

The notes form part of these financial statements

TUMBLING TRAMPOLINERS C.I.C.

Balance sheet statements

For the year ending 31 March 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.

This report was approved by the board of directors on 10 September 2023
and signed on behalf of the board by:

Name: Miss R L Tonge
Status: Director

The notes form part of these financial statements

TUMBLING TRAMPOLINERS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 March 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

    Tangible fixed assets depreciation policy

    Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.Fixtures and Fittings - 20% on reducing balanceComputer Equipment - Straight line over 3 years

    Other accounting policies

    TaxationTaxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.Current or deferred taxation assets and liabilities are not discounted.Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.Deferred taxDeferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.Hire purchase and leasing commitmentsRentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. Government and other grantsWhere grants relate to Revenue expenditure, they are credited to the Profit and Loss Account on an accruals basis to match the expenditure. Grants relating to capital expenditure are credited to the Profit and Loss Account over the approximate life of the assets, any excess amounts being carried forward as accrued income.

TUMBLING TRAMPOLINERS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 3 3

TUMBLING TRAMPOLINERS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 March 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2022 1,733 0 1,733
Additions 1,809 350 2,159
Disposals
Revaluations
Transfers
At 31 March 2023 3,542 350 3,892
Depreciation
At 1 April 2022 274 0 274
Charge for year 292 68 360
On disposals
Other adjustments
At 31 March 2023 566 68 634
Net book value
At 31 March 2023 2,976 282 3,258
At 31 March 2022 1,459 0 1,459

TUMBLING TRAMPOLINERS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Stocks

2023 2022
£ £
Stocks 100 100
Total 100 100

TUMBLING TRAMPOLINERS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 March 2023

5. Debtors

2023 2022
£ £
Other debtors 5,081 474
Total 5,081 474

TUMBLING TRAMPOLINERS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 March 2023

6. Creditors: amounts falling due within one year note

2023 2022
£ £
Taxation and social security 373 5,637
Other creditors 4,038 17,498
Total 4,411 23,135

COMMUNITY INTEREST ANNUAL REPORT

TUMBLING TRAMPOLINERS C.I.C.

Company Number: 10564411 (England and Wales)

Year Ending: 31 March 2023

Company activities and impact

We ran 25 - 35 hours of recreational trampolining classes every week. These are attended by people aged 3+ (including many adults who train alongside their children). Our sessions are open to all regardless of gender, disability, race, religion & social status.Trampolining is a great way to stay active - whilst keeping fit, having fun, developing flexibility, practicing hand-eye coordination & learning exciting, interesting new skills & tricks. Trampolining strengthens core & leg muscles, increases cardio-vascular fitness & stamina.We are a non-competitive club & coach one-to-one. We focus on individual progress & celebrate all achievements, however big or small.We offered 2 free taster sessions to all new starters. Our regular classes are affordable even to those on a low income. We ran 4 completely free weeks for everyone throughout the 2022 - 2023 tax year.We provided 6 months of free coaching within our group classes & gave free private tuition to anyone with any disability, thanks to a grant from the National Lottery. Depending on their disability, we either offered to accommodate them for free in our group classes or offered free private tuition. Wherever possible, we included people with disabilities in mainstream groups with others of various ages & ability levels - promoting equality & diversity. We saw incredible results, the main benefit was the happy noises, laughter, hand stimming, smiles & sense of peace & joy that the bouncers got. The more able ones were capable of copying movements & following basic instructions, quite a few even passing their trampolining awards (& being delighted with the medals, certificates, badges). Less able ones still made progress, with support a few wheelchair users could stand up & be supported rocking on their feet. Movement & exercise is so beneficial.We provided regular & one-off sessions for local schools, colleges & universities. We are currently connected with Parkhall Academy, Strathmore College, Lymebrooke School, Abbey Hill School, Compass Education & The Haven School. Some of these schools are for students with learning difficulties, challenging behaviours, physical impairments etc. Along with the physical benefits, individual sport means learning patience & resilience, determination & a desire to improve yourself.We train young people to help coach the next generation through our Young Leaders in-house training programme. Our club environment is a place to learn to communicate effectively, praise, help & guide others. Once our bouncers are at least 10 years old & have passed their level 10 proficiency, they can undergo a free training & start volunteering to help their peers progress at trampolining. Although trampolining is an individual sport, we work as a team.Children make friends over their shared interest of trampolining Teenagers have a safe & productive place to be during evenings & weekends. Adults come to keep fit. Families attend together, increasing community cohesion, providing a welcoming space for family-friendly fitness activities & a relaxed enjoyable environment to make & develop friendships, connect with others in the local community and improve mental & physical health & wellbeing.

Consultation with stakeholders

We held an AGM on 03/04/2023 with the Directors & coaches. These are: Rachel Tonge, Yannick Vidal, Thomas Williamson, Olivia Unwin, Rhiannan Hoyes, Connor Sheppard & Jacob RobertsNo-one else is an internal stakeholder in the business. We have regular contact & communication between coaches and the directors on matters pertaining to the running of the business & review/make changes accordingly.

Directors' remuneration

Directors' salaries for the financial year ended 31 March 2023 amounted to £11,360.There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director’s loss of office, which require to be disclosed.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
10 September 2023

And signed on behalf of the board by:
Name: Rachel Tonge
Status: Director