for the Period Ended 31 October 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 October 2024
Directors
The directors shown below have held office during the whole of the period from
1 November 2023
to
31 October 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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Gross profit(or loss): |
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Administrative expenses: |
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Operating profit(or loss): |
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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 | |||
Tangible assets: | 3 |
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Total fixed assets: |
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Current assets | |||
Debtors: | 4 |
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Cash at bank and in hand: |
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Total current assets: |
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Creditors: amounts falling due within one year: | 5 |
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Net current assets (liabilities): |
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Total assets less current liabilities: |
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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 31 October 2024
Basis of measurement and preparation
Turnover policy
Tangible fixed assets depreciation policy
for the Period Ended 31 October 2024
2024 | 2023 | |
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Average number of employees during the period |
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for the Period Ended 31 October 2024
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
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Cost | £ | £ | £ | £ | £ | £ |
At 1 November 2023 |
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Additions |
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Disposals | ||||||
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Transfers | ||||||
At 31 October 2024 |
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Depreciation | ||||||
At 1 November 2023 |
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Charge for year |
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On disposals | ||||||
Other adjustments | ||||||
At 31 October 2024 |
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Net book value | ||||||
At 31 October 2024 |
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At 31 October 2023 |
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for the Period Ended 31 October 2024
2024 | 2023 | |
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£ | £ | |
Other debtors |
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Total |
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for the Period Ended 31 October 2024
2024 | 2023 | |
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£ | £ | |
Taxation and social security |
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Other creditors |
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Total |
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During the financial year ending 31 October 2024, the company continued to run its gymnastics club, offering preschool, general, acrobatic, and rhythmic gymnastics classes to children and young adults of all abilities in the local community. Specifically: Weekly Classes: We held 46 classes per week, catering to approximately 700 children and young adults, ranging in age from 1.5 to over 18 years old. The sessions took place at Unit 13 River Ray, Barnfield Road, Swindon SN2 2DT, which is conveniently accessible to local residents. Skill Development: Participants worked on foundational skills such as balance, flexibility, agility, coordination, and strength and conditioning exercises, progressing to more advanced acrobatic and rhythmic gymnastics techniques as their confidence and ability grew. Community Benefits: Health & Well-being: By providing regular physical exercise and expert coaching, we helped improve the health, fitness, and personal development of our members. Inclusive Environment: We offered differentiated training programs to accommodate a wide range of ages and abilities, ensuring that everyone in the community had an opportunity to participate and develop at their own pace. Competition Opportunities: We organized a club competition with over 170 members participating and also prepared our squad gymnasts for regional, national, and international competitions, where they had opportunities to showcase their skills and represent our community, region, and country. This encouraged students to set goals, work consistently toward achievements, and develop resilience and teamwork. Employment & Staff Development: We employed 5 full-time and 15 part-time staff members from the local area, many of whom were former club members who progressed to coaching roles. We invested in ongoing coach education and training (e.g., workshops and qualifications) to build a dedicated, expert workforce. Safe, Child-Friendly Environment: We maintained rigorous safeguarding policies and procedures. Parents and guardians were regularly updated on their children’s progress, ensuring confidence in our club’s safety measures and teaching standards. Overall, during this financial year, the club’s activities positively impacted the local community by offering accessible physical education, promoting healthy lifestyles, and providing local employment and skills development.
No consultation with stakeholders
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.
No transfer of assets other than for full consideration
This report was approved by the board of directors on
3 April 2025
And signed on behalf of the board by:
Name: Mr N Sukhanova
Status: Director