for the Period Ended 29 February 2024
Directors report | |
Profit and loss | |
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 29 February 2024
Directors
The directors shown below have held office during the whole of the period from
1 March 2023
to
29 February 2024
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
And signed on behalf of the board by:
Name:
Status: Director
for the Period Ended
2024 | 2023 | |
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£ |
£ |
Turnover: |
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Cost of sales: |
(
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(
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Gross profit(or loss): |
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Distribution costs: |
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Administrative expenses: |
(
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(
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Other operating income: |
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Operating profit(or loss): |
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( |
Interest receivable and similar income: |
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Interest payable and similar charges: |
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Profit(or loss) before tax: |
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( |
Tax: |
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Profit(or loss) for the financial year: |
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As at
Notes | 2024 | 2023 | |
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Fixed assets | |||
Intangible assets: |
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Tangible assets: | 3 |
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Investments: |
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Total fixed assets: |
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Current assets | |||
Stocks: | 4 |
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Debtors: |
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Cash at bank and in hand: |
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Investments: |
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Total current assets: |
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Net current assets (liabilities): |
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Total assets less current liabilities: |
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Creditors: amounts falling due after more than one year: | 5 |
(
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(
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Provision for liabilities: |
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Accruals and deferred income: |
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Total net assets (liabilities): |
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Members' funds | |||
Profit and loss account: |
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Total members' funds: |
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The notes form part of these financial statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 29 February 2024
Basis of measurement and preparation
Turnover policy
Tangible fixed assets depreciation policy
Other accounting policies
for the Period Ended 29 February 2024
2024 | 2023 | |
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Average number of employees during the period |
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for the Period Ended 29 February 2024
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
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Cost | £ | £ | £ | £ | £ | £ |
At 1 March 2023 |
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Additions |
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Disposals |
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Revaluations |
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Transfers |
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At 29 February 2024 |
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Depreciation | ||||||
At 1 March 2023 |
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Charge for year |
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On disposals |
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Other adjustments |
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At 29 February 2024 |
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Net book value | ||||||
At 29 February 2024 |
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At 28 February 2023 |
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for the Period Ended 29 February 2024
2024 | 2023 | |
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£ | £ | |
Stocks |
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Total |
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for the Period Ended 29 February 2024
2024 | 2023 | |
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£ | £ | |
Other creditors |
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Total |
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The company’s activities have benefitted the local community of Toome and the surrounding areas by providing opportunities for all ages to participate in gymnastics - from baby and toddler sessions to recreational classes for school aged children, competitive squad activities and classes for adults. The Gymability programme for children and young adults with additional needs continues to meet each week and is attracting participants from across the region. The club membership has continued to increase during the year including babies, toddlers, children, teenagers and adults. We have continued to add classes and sessions to the timetable to offer members more opportunity to participate in the sport. Gymnasts from our teams competed throughout the year in both Regional and National competitions with success at various levels including at British Championship level. In January 2024 the club celebrated its fourth birthday and we marked the occasion by welcoming team GB Olympic medalist Alice Kinsella to the club. She led a training session with our squad gymnasts and spent much time meeting other club members. We also offered discounted fees to families and disadvantaged members.
The company’s stakeholders are the members of the club. Members and their families are encouraged to talk to coaches at any time and the coaches welcome any opportunity to talk with stakeholders. The club uses direct communication and social media to engage with members and share information, and also regularly updates members on events and activities taking place in the club. A Parent’s Committee continues to meet to discuss and share ideas to then feedback to the coaches.
The directors received £13,000 in remuneration during the year
No transfer of assets other than for full consideration
This report was approved by the board of directors on
28 November 2024
And signed on behalf of the board by:
Name: Christine Shannon
Status: Director