EVOKE GYMNASTICS CIC

Company limited by guarantee

Company Registration Number:
12252970 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2023

Period of accounts

Start date: 1 November 2022

End date: 31 October 2023

EVOKE GYMNASTICS CIC

Contents of the Financial Statements

for the Period Ended 31 October 2023

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

EVOKE GYMNASTICS CIC

Directors' report period ended 31 October 2023

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

Directors

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

Mr Nikita Sukhanova
Mrs Rebecca Sukhanova


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
30 July 2024

And signed on behalf of the board by:
Name: Mr Nikita Sukhanova
Status: Director

EVOKE GYMNASTICS CIC

Profit And Loss Account

for the Period Ended 31 October 2023

2023 2022


£

£
Turnover: 261,141 199,636
Cost of sales: ( 6,487 ) 0
Gross profit(or loss): 254,654 199,636
Administrative expenses: ( 218,581 ) ( 197,158 )
Operating profit(or loss): 36,073 2,478
Profit(or loss) before tax: 36,073 2,478
Tax: ( 6,854 ) ( 471 )
Profit(or loss) for the financial year: 29,219 2,007

EVOKE GYMNASTICS CIC

Balance sheet

As at 31 October 2023

Notes 2023 2022


£

£
Current assets
Debtors: 3 24,000 0
Cash at bank and in hand: 17,907 7,123
Total current assets: 41,907 7,123
Creditors: amounts falling due within one year: 4 ( 6,856 ) ( 1,291 )
Net current assets (liabilities): 35,051 5,832
Total assets less current liabilities: 35,051 5,832
Total net assets (liabilities): 35,051 5,832
Members' funds
Profit and loss account: 35,051 5,832
Total members' funds: 35,051 5,832

The notes form part of these financial statements

EVOKE GYMNASTICS CIC

Balance sheet statements

For the year ending 31 October 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 30 July 2024
and signed on behalf of the board by:

Name: Mr Nikita Sukhanova
Status: Director

The notes form part of these financial statements

EVOKE GYMNASTICS CIC

Notes to the Financial Statements

for the Period Ended 31 October 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, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

EVOKE GYMNASTICS CIC

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 12 12

EVOKE GYMNASTICS CIC

Notes to the Financial Statements

for the Period Ended 31 October 2023

3. Debtors

2023 2022
£ £
Other debtors 24,000 0
Total 24,000 0

EVOKE GYMNASTICS CIC

Notes to the Financial Statements

for the Period Ended 31 October 2023

4. Creditors: amounts falling due within one year note

2023 2022
£ £
Taxation and social security 6,854 1,289
Other creditors 2 2
Total 6,856 1,291

COMMUNITY INTEREST ANNUAL REPORT

EVOKE GYMNASTICS CIC

Company Number: 12252970 (England and Wales)

Year Ending: 31 October 2023

Company activities and impact

The company runs a club teaching acrobatics and rhythmic gymnastics. This is available to all members of the community. It helps to support the health and personal development of members and staff. It provides a safe child-friendly environment in which training is provided by expert staff. Programs of development are provided for all ages and abilities. General training leads to entry in competitions, encouraging pupils to aspire to great achievements. The parents of the children can be confident in their safety. All staff employed are from the local area. Many have been members of the club, which is committed to developing a dedicated expert workforce in an agreeable working environment.

Consultation with stakeholders

The company holds regular staff meetings where staff are encouraged to raise concerns and make suggestions. Parents and students are consulted by staff in order to understand their development needs and improve their learning experience. The directors have channelled their personal successes in gymnastics into their coaching which adds to the quality of the teaching and support given to all pupils.

Directors' remuneration

Remuneration received by the two directors during the financial is as follows: Mr N Sukhanova £23,000 Mrs R Sukhanova £23,000 The remuneration of the directors is below market value as they are committed to the future of the club.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
30 July 2024

And signed on behalf of the board by:
Name: Mr N Sukhanova
Status: Director