for the Period Ended 30 September 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 30 September 2024
Directors
The directors shown below have held office during the whole of the period from
1 October 2023
to
30 September 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 | |
|---|---|---|
|
|
£ |
£ |
| Turnover: |
|
|
| Cost of sales: |
(
|
(
|
| Gross profit(or loss): |
|
|
| Distribution costs: |
|
|
| Administrative expenses: |
(
|
(
|
| Other operating income: |
|
|
| Operating profit(or loss): |
|
|
| Interest receivable and similar income: |
|
|
| Interest payable and similar charges: |
(
|
(
|
| Profit(or loss) before tax: |
|
|
| Tax: |
(
|
|
| Profit(or loss) for the financial year: |
|
|
As at
| Notes | 2024 | 2023 | |
|---|---|---|---|
|
|
£ |
£ |
|
| Fixed assets | |||
| Intangible assets: |
|
|
|
| Tangible assets: | 3 |
|
|
| Investments: |
|
|
|
| Total fixed assets: |
|
|
|
| Current assets | |||
| Stocks: | 4 |
|
|
| Debtors: | 5 |
|
|
| Cash at bank and in hand: |
|
|
|
| Investments: |
|
|
|
| Total current assets: |
|
|
|
| Prepayments and accrued income: |
|
|
|
| Creditors: amounts falling due within one year: | 6 |
(
|
(
|
| Net current assets (liabilities): |
( |
( |
|
| Total assets less current liabilities: |
|
( |
|
| Creditors: amounts falling due after more than one year: | 7 |
(
|
(
|
| 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 30 September 2024
Basis of measurement and preparation
Turnover policy
Tangible fixed assets depreciation policy
Other accounting policies
for the Period Ended 30 September 2024
| 2024 | 2023 | |
|---|---|---|
| Average number of employees during the period |
|
|
for the Period Ended 30 September 2024
| Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
|---|---|---|---|---|---|---|
| Cost | £ | £ | £ | £ | £ | £ |
| At 1 October 2023 |
|
|
|
|
|
|
| Additions |
|
|
|
|
|
|
| Disposals |
|
|
|
|
|
|
| Revaluations |
|
|
|
|
|
|
| Transfers |
|
|
|
|
|
|
| At 30 September 2024 |
|
|
|
|
|
|
| Depreciation | ||||||
| At 1 October 2023 |
|
|
|
|
|
|
| Charge for year |
|
|
|
|
|
|
| On disposals |
|
|
|
|
|
|
| Other adjustments |
|
|
|
|
|
|
| At 30 September 2024 |
|
|
|
|
|
|
| Net book value | ||||||
| At 30 September 2024 |
|
|
|
|
|
|
| At 30 September 2023 |
|
|
|
|
|
|
for the Period Ended 30 September 2024
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Stocks |
|
|
| Payments on account |
|
|
| Total |
|
|
for the Period Ended 30 September 2024
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Trade debtors |
|
|
| Prepayments and accrued income |
|
|
| Other debtors |
|
|
| Total |
|
|
| Debtors due after more than one year: |
|
|
for the Period Ended 30 September 2024
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Bank loans and overdrafts |
|
|
| Amounts due under finance leases and hire purchase contracts |
|
|
| Trade creditors |
|
|
| Taxation and social security |
|
|
| Accruals and deferred income |
|
|
| Other creditors |
|
|
| Total |
|
|
for the Period Ended 30 September 2024
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Bank loans and overdrafts |
|
|
| Amounts due under finance leases and hire purchase contracts |
|
|
| Other creditors |
|
|
| Total |
|
|
Valdez Gymnastics Club CIC provided gymnastics training to all ages and abilities from toddlers through to 18 year olds. The club runs an additional needs class on a weekly basis ensuring gymnastics is accessible to all. The club is registered with Special Olympics Ireland with an intention of taking part in Special Olympic activities. In addition to this, the club provided play sessions for parents and babies. These sessions engage local parents of young children and acts as a social forum bringing the local community together for fun and productive sessions. Valdez Gymnastics Club CIC has seen several nursery, primary and SEN schools use the club’s facilities in structured sessions. Valdez Gymnastics Club CIC took part in local competitions giving its members the opportunity to showcase their achievements and compete with other gymnastics clubs. These included various gymnastics disciplines such as women’s artistic, men’s artistic, rhythmic gymnastics, team gym, etc. Five club members were selected to represent Northern Ireland at the British Gymnastics Nation Development Plan finals and British Gymnastics Classic Challenge Finals. A further two club members have been selected for Team Gym British Championships. Twelve members also represented Valdez and Northern Ireland as a region at the Mezzo Cup finals in Team Gym in Crewe, England. One member represented the club at the British Disability Championship held in Wales resulting in two podium places. The club enhanced its programme in Men’s Artistic Gymnastics and took part in various British Gymnastics activities.
The stakeholders of Valdez Gymnastics Club CIC are the members and parents. There is an open line of communication between club and parents via various groups on social media and email. Through these lines of communication, suggestions are put forward from both the membership and the club. From these suggestions, various types of new classes and activities now take place. Over recent years, these include more boys classes, some additional competition squads and various new gymnastics disciplines introduced to the weekly timetable.
Directors remuneration was £30,583 during the year ended 30 September 2024.
No transfer of assets other than for full consideration
This report was approved by the board of directors on
17 June 2025
And signed on behalf of the board by:
Name: Julie Vauls
Status: Director