TAMESIDE SCHOOL OF GYMNASTICS COMMUNITY INTEREST COMPANY

Company limited by guarantee

Company Registration Number:
08783745 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2024

Period of accounts

Start date: 1 December 2023

End date: 30 November 2024

TAMESIDE SCHOOL OF GYMNASTICS COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 30 November 2024

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

TAMESIDE SCHOOL OF GYMNASTICS COMMUNITY INTEREST COMPANY

Directors' report period ended 30 November 2024

The directors present their report with the financial statements of the company for the period ended 30 November 2024

Directors

The directors shown below have held office during the whole of the period from
1 December 2023 to 30 November 2024

Cerys Allen
Mrs Christine McLaughlin
Mrs Alison Humphries
Mrs Nicola Chatterton
Mr Peter Allen
Dr Julie Machan


The director shown below has held office during the period of
1 December 2023 to 19 July 2024

Mrs Rebecca Mangoro


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
3 April 2025

And signed on behalf of the board by:
Name: Cerys Allen
Status: Director

TAMESIDE SCHOOL OF GYMNASTICS COMMUNITY INTEREST COMPANY

Profit And Loss Account

for the Period Ended 30 November 2024

2024 2023


£

£
Turnover: 159,465 144,703
Cost of sales: ( 21,630 ) ( 23,960 )
Gross profit(or loss): 137,835 120,743
Administrative expenses: ( 129,053 ) ( 115,061 )
Operating profit(or loss): 8,782 5,682
Interest receivable and similar income: 40 48
Interest payable and similar charges: ( 10 )
Profit(or loss) before tax: 8,812 5,730
Profit(or loss) for the financial year: 8,812 5,730

TAMESIDE SCHOOL OF GYMNASTICS COMMUNITY INTEREST COMPANY

Balance sheet

As at 30 November 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 7,089 6,123
Total fixed assets: 7,089 6,123
Current assets
Debtors: 4 101 1,246
Cash at bank and in hand: 13,765 12,861
Total current assets: 13,866 14,107
Creditors: amounts falling due within one year: 5 ( 1,302 ) ( 9,389 )
Net current assets (liabilities): 12,564 4,718
Total assets less current liabilities: 19,653 10,841
Total net assets (liabilities): 19,653 10,841
Members' funds
Profit and loss account: 19,653 10,841
Total members' funds: 19,653 10,841

The notes form part of these financial statements

TAMESIDE SCHOOL OF GYMNASTICS COMMUNITY INTEREST COMPANY

Balance sheet statements

For the year ending 30 November 2024 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 3 April 2025
and signed on behalf of the board by:

Name: Cerys Allen
Status: Director

The notes form part of these financial statements

TAMESIDE SCHOOL OF GYMNASTICS COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 November 2024

  • 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.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

TAMESIDE SCHOOL OF GYMNASTICS COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 November 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 15 11

TAMESIDE SCHOOL OF GYMNASTICS COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 November 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 December 2023 10,343 10,343
Additions 2,738 2,738
Disposals
Revaluations
Transfers
At 30 November 2024 13,081 13,081
Depreciation
At 1 December 2023 4,220 4,220
Charge for year 1,772 1,772
On disposals
Other adjustments
At 30 November 2024 5,992 5,992
Net book value
At 30 November 2024 7,089 7,089
At 30 November 2023 6,123 6,123

TAMESIDE SCHOOL OF GYMNASTICS COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 November 2024

4. Debtors

2024 2023
£ £
Prepayments and accrued income 101
Other debtors 1,246
Total 101 1,246

TAMESIDE SCHOOL OF GYMNASTICS COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 November 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 1,499
Taxation and social security 538
Other creditors 764 7,890
Total 1,302 9,389

COMMUNITY INTEREST ANNUAL REPORT

TAMESIDE SCHOOL OF GYMNASTICS COMMUNITY INTEREST COMPANY

Company Number: 08783745 (England and Wales)

Year Ending: 30 November 2024

Company activities and impact

During the financial year, we have actively encouraged participation of children in sports, specifically gymnastics. We promote competition without the pressure that comes with it.

Consultation with stakeholders

We have quarterly meeting with the directors including the AGM. We hold annual meetings with the parents and coaches, no further action required from these meetings. We also carried out a member’s survey so that we could best understand areas that our members wanted to have a better understanding of and then provide this.

Directors' remuneration

Total amount of remunerations to directors including salaries and any other contributions (IE Pensions) is £34,366 which is detailed within the accounts

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
2 April 2025

And signed on behalf of the board by:
Name: Cerys Allen
Status: Director