for the Period Ended 31 August 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 31 August 2024
Principal activities of the company
Political and charitable donations
Directors
The directors shown below have held office during the whole of the period from
1 September 2023
to
31 August 2024
Secretary
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 | 14 months to 31 August 2023 | |
---|---|---|
|
£ |
£ |
Turnover: |
|
|
Cost of sales: |
(
|
(
|
Gross profit(or loss): |
|
|
Administrative expenses: |
(
|
(
|
Operating profit(or loss): |
|
|
Profit(or loss) before tax: |
|
|
Tax: |
(
|
(
|
Profit(or loss) for the financial year: |
|
|
As at
Notes | 2024 | 14 months to 31 August 2023 | |
---|---|---|---|
|
£ |
£ |
|
Current assets | |||
Debtors: | 3 |
|
|
Cash at bank and in hand: |
|
|
|
Total current assets: |
|
|
|
Creditors: amounts falling due within one year: | 4 |
(
|
(
|
Net current assets (liabilities): |
|
|
|
Total assets less current liabilities: |
|
|
|
Provision for liabilities: |
(
|
(
|
|
Accruals and deferred income: |
(
|
(
|
|
Total net assets (liabilities): |
|
|
|
Members' funds | |||
Profit and loss account: |
|
|
|
Total members' funds: |
|
|
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 31 August 2024
Basis of measurement and preparation
Turnover policy
Other accounting policies
for the Period Ended 31 August 2024
2024 | 14 months to 31 August 2023 | |
---|---|---|
Average number of employees during the period |
|
|
for the Period Ended 31 August 2024
2024 | 14 months to 31 August 2023 | |
---|---|---|
£ | £ | |
Trade debtors |
|
|
Total |
|
|
for the Period Ended 31 August 2024
2024 | 14 months to 31 August 2023 | |
---|---|---|
£ | £ | |
Trade creditors |
|
|
Taxation and social security |
|
|
Total |
|
|
Hampstead Gymnastics Club CIC continues to provide high quality and financially accessible recreational gymnastics tuition at our North London and St Albans locations - both of which are located in areas of housing, social and financial deprivation. Formal classes are provided for children aged 4 to 16. Whilst the majority of our members are self funding, the Club offers free or subsidised places to families who would not otherwise be able to access high quality gymnastics tuition. Our network of local charities and community groups assist in assessing applications for subsidised places together with direct applications. We welcome the inclusion of children with Special Educational Needs who are able to participate in our main stream classes with support. Referrals are received via parental support networks. Working in collaboration with LeeannasWish CIC at our St Albans hub, our free toddler drop in sessions provide a safe, friendly and welcoming environment for infants, toddlers, parents and carers. The sessions provide a particularly welcome space for children and their parents who have limited access to adequate play space due to the constraints of their housing. All of our sessions are truly inclusive with children and their parents/carers drawn from a diverse variety of social and cultural backgrounds
We communicate regularly with our parents/carers via email and news updates and encourage them to interact with the Club to discuss any questions and celebrations concerning their child’s progress. Unlike many other Clubs, we whole-heartedly welcome parents staying and watching our classes. This gives parents a real insight into the Club and our standards and expectations for the children. Our gymnasts have a party at the end of each Term to celebrate their achievements and to allow them and their siblings to enjoy some less formal time in the gym. In response to parental feedback, our gymnasts will have a showcase event at the end of the Autumn 2024 Term. Our coaching team are a vital part of delivering our services. There is a vibrant social media group to discuss technical or practical issues that arise from time to time to ensure that best practice is observed across all sessions. We value our regular interaction with local charities, community groups and social prescribers that we work with and who provide valuable assistance in identifying families in need who would benefit from our gymnastics classes.
The total amount paid to directors in respect of qualifying services was £38,613. 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
No transfer of assets other than for full consideration
This report was approved by the board of directors on
13 March 2025
And signed on behalf of the board by:
Name: Theodore Acort Lake
Status: Director