TIGERS GYMNASTICS CENTRE CIC

Company limited by guarantee

Company Registration Number:
12133225 (England and Wales)

Unaudited statutory accounts for the year ended 31 August 2024

Period of accounts

Start date: 1 September 2023

End date: 31 August 2024

TIGERS GYMNASTICS CENTRE CIC

Contents of the Financial Statements

for the Period Ended 31 August 2024

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

TIGERS GYMNASTICS CENTRE CIC

Profit And Loss Account

for the Period Ended 31 August 2024

2024 2023


£

£
Turnover: 603,151 580,733
Cost of sales: ( 235,343 ) ( 102,409 )
Gross profit(or loss): 367,808 478,324
Administrative expenses: ( 388,210 ) ( 386,344 )
Operating profit(or loss): (20,402) 91,980
Interest payable and similar charges: ( 25,689 ) ( 29,072 )
Profit(or loss) before tax: (46,091) 62,908
Profit(or loss) for the financial year: (46,091) 62,908

TIGERS GYMNASTICS CENTRE CIC

Balance sheet

As at 31 August 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 65,203 86,508
Total fixed assets: 65,203 86,508
Current assets
Cash at bank and in hand: 1,498 16,523
Total current assets: 1,498 16,523
Creditors: amounts falling due within one year: 4 ( 73,854 ) ( 63,515 )
Net current assets (liabilities): (72,356) (46,992)
Total assets less current liabilities: (7,153) 39,516
Total net assets (liabilities): (7,153) 39,516
Members' funds
Profit and loss account: (7,153) 39,516
Total members' funds: ( 7,153) 39,516

The notes form part of these financial statements

TIGERS GYMNASTICS CENTRE CIC

Balance sheet statements

For the year ending 31 August 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 29 May 2025
and signed on behalf of the board by:

Name: Chris Rogers
Status: Director

The notes form part of these financial statements

TIGERS GYMNASTICS CENTRE CIC

Notes to the Financial Statements

for the Period Ended 31 August 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

TIGERS GYMNASTICS CENTRE CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 8 4

TIGERS GYMNASTICS CENTRE CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 September 2023 111,733 3,610 115,343
Additions 429 429
Disposals
Revaluations
Transfers
At 31 August 2024 111,733 4,039 115,772
Depreciation
At 1 September 2023 27,933 902 28,835
Charge for year 20,950 784 21,734
On disposals
Other adjustments
At 31 August 2024 48,883 1,686 50,569
Net book value
At 31 August 2024 62,850 2,353 65,203
At 31 August 2023 83,800 2,708 86,508

TIGERS GYMNASTICS CENTRE CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 17,461 27,852
Taxation and social security 26,548 659
Accruals and deferred income 929 1,618
Other creditors 28,916 33,386
Total 73,854 63,515

COMMUNITY INTEREST ANNUAL REPORT

TIGERS GYMNASTICS CENTRE CIC

Company Number: 12133225 (England and Wales)

Year Ending: 31 August 2024

Company activities and impact

Tigers Gymnastics Centre CIC delivers inclusive and engaging gymnastics classes for all ages and abilities, ranging from preschool children to young adults and adults. Our structured programmes support physical development, coordination, strength, and confidence for participants at every level, from complete beginners to elite athletes. In addition to regular gymnastics classes, we offer a wide range of activities that benefit the local community: Holiday Clubs that provide active, structured childcare during school holidays Birthday Parties hosted in a safe and fun gymnastics environment Adult Gym sessions to encourage fitness and community involvement among adults Third-Party Venue Hire to allow other community groups and coaches to use our specialised facility Soft Play Sessions for babies and toddlers Sensory Classes for early years development Support for Local Schools through outreach and venue-based gymnastics programs Competitive Pathways to elite level for aspiring athletes, including representation at national and international competitions Tigers Gymnastics Centre CIC aims to make gymnastics accessible and enjoyable to everyone in the community, regardless of background or ability. As a Community Interest Company, all activities are driven by the goal of improving physical and mental wellbeing, social inclusion, and long-term participation in sport.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
29 May 2025

And signed on behalf of the board by:
Name: Chris Rogers
Status: Director