UNITY GYMNASTICS ACADEMY CIC

Company limited by guarantee

Company Registration Number:
13018082 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2022

Period of accounts

Start date: 1 January 2022

End date: 31 December 2022

UNITY GYMNASTICS ACADEMY CIC

Contents of the Financial Statements

for the Period Ended 31 December 2022

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

UNITY GYMNASTICS ACADEMY CIC

Directors' report period ended 31 December 2022

The directors present their report with the financial statements of the company for the period ended 31 December 2022

Principal activities of the company

Sports clubs.



Directors

The director shown below has held office during the whole of the period from
1 January 2022 to 31 December 2022

Xanton May


The director shown below has held office during the period of
1 January 2022 to 26 April 2022

Adam James Whiting


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
16 November 2023

And signed on behalf of the board by:
Name: Xanton May
Status: Director

UNITY GYMNASTICS ACADEMY CIC

Profit And Loss Account

for the Period Ended 31 December 2022

2022 14 months to 31 December 2021


£

£
Turnover: 13,039 8,849
Cost of sales: ( 705 ) ( 101 )
Gross profit(or loss): 12,334 8,748
Administrative expenses: ( 12,236 ) ( 9,595 )
Other operating income: 1,200
Operating profit(or loss): 1,298 (847)
Profit(or loss) before tax: 1,298 (847)
Profit(or loss) for the financial year: 1,298 (847)

UNITY GYMNASTICS ACADEMY CIC

Balance sheet

As at 31 December 2022

Notes 2022 14 months to 31 December 2021


£

£
Fixed assets
Tangible assets: 3 902 0
Total fixed assets: 902 0
Current assets
Cash at bank and in hand: 678 512
Total current assets: 678 512
Creditors: amounts falling due within one year: 4 ( 1,129 ) ( 1,359 )
Net current assets (liabilities): (451) (847)
Total assets less current liabilities: 451 ( 847)
Total net assets (liabilities): 451 (847)
Members' funds
Profit and loss account: 451 ( 847)
Total members' funds: 451 (847)

The notes form part of these financial statements

UNITY GYMNASTICS ACADEMY CIC

Balance sheet statements

For the year ending 31 December 2022 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 16 November 2023
and signed on behalf of the board by:

Name: Xanton May
Status: Director

The notes form part of these financial statements

UNITY GYMNASTICS ACADEMY CIC

Notes to the Financial Statements

for the Period Ended 31 December 2022

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

    Tangible fixed assets depreciation policy

    20% reducing balance

UNITY GYMNASTICS ACADEMY CIC

Notes to the Financial Statements

for the Period Ended 31 December 2022

  • 2. Employees

    2022 14 months to 31 December 2021
    Average number of employees during the period 5 4

UNITY GYMNASTICS ACADEMY CIC

Notes to the Financial Statements

for the Period Ended 31 December 2022

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2022 0 0
Additions 1,128 1,128
Disposals
Revaluations
Transfers
At 31 December 2022 1,128 1,128
Depreciation
At 1 January 2022 0 0
Charge for year 226 226
On disposals
Other adjustments
At 31 December 2022 226 226
Net book value
At 31 December 2022 902 902
At 31 December 2021 0 0

UNITY GYMNASTICS ACADEMY CIC

Notes to the Financial Statements

for the Period Ended 31 December 2022

4. Creditors: amounts falling due within one year note

2022 14 months to 31 December 2021
£ £
Taxation and social security 95 80
Accruals and deferred income 12 569
Other creditors 1,022 710
Total 1,129 1,359

COMMUNITY INTEREST ANNUAL REPORT

UNITY GYMNASTICS ACADEMY CIC

Company Number: 13018082 (England and Wales)

Year Ending: 31 December 2022

Company activities and impact

Unity Gymnastics academy has worked within the community to offer classes at a low rate, we decided not to higher any costs and keep classes affordable for all. We have had many enjoy are structured classes from a variety of backgrounds including deprived, ethical and Citizens of Ukraine who have been living over here. Our classes have offered a high quality experience in a safe environment for children to have fun within the sports of gymnastics. We have also been able to offer a new discipline "ninja gymnastics) which incorporates a more freestyle / parkour experience. Being a CIC has allowed us to enquire and provide more equipment to the children at no extra cost to offer them the best experience possible. We have provided CPD training in school to help teachers bring the sport into their P.E sessions safely and effectively, this has been greatly received with feedback that it has given a great understanding to the teachers knowledge and offered an opportunity to give more to children who may not be able to afford classes. These sessions have also shown teachers how they can make the most of their current equipment to bring gymnastics into their sessions while improving children's balance, coordination, strength and spatial awareness.We have also been able to offer within this setting breakfast clubs to enable parents who may work tricky hours the chance to continue working and give their children a fun energetic way to start their day in a positive environment. We have been able to offer structured P.E curriculum sessions to make sessions engaging and fun as well as letting the children experience a new set of skills on specific equipment they may not have access to in school or out of school clubs.Unity gymnastics has been able to offer other clubs teaching and advice to be able to incorporate skills and safe training into their sports including dance schools by offering Acro sessions tailored to their needs.

Consultation with stakeholders

There had been meetings with staff through the year to talk about how we can keep moving the club forwards to grow and increase our community without costs being increased. We have discussed further training, grants available, community events.

Directors' remuneration

The total amount paid or receivable by directors in respect of qualifying services was £5,060

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
16 November 2023

And signed on behalf of the board by:
Name: Xanton May
Status: Director