DRONFIELD GYMNASTICS ACADEMY CIC

Company Registration Number:
08307513 (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

DRONFIELD GYMNASTICS ACADEMY CIC

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

DRONFIELD GYMNASTICS ACADEMY CIC

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 director shown below has held office during the whole of the period from
1 December 2023 to 30 November 2024

Ms C Hague


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
26 September 2025

And signed on behalf of the board by:
Name: Ms C Hague
Status: Director

DRONFIELD GYMNASTICS ACADEMY CIC

Profit And Loss Account

for the Period Ended 30 November 2024

2024 2023


£

£
Turnover: 346,862 323,800
Cost of sales: ( 234,553 ) ( 170,886 )
Gross profit(or loss): 112,309 152,914
Administrative expenses: ( 136,972 ) ( 152,303 )
Operating profit(or loss): (24,663) 611
Interest payable and similar charges: ( 1,823 ) 0
Profit(or loss) before tax: (26,486) 611
Profit(or loss) for the financial year: (26,486) 611

DRONFIELD GYMNASTICS ACADEMY CIC

Balance sheet

As at 30 November 2024

Notes 2024 2023


£

£
Called up share capital not paid: 0 0
Fixed assets
Tangible assets: 3 44,985 58,698
Total fixed assets: 44,985 58,698
Current assets
Cash at bank and in hand: 22,895 14,241
Total current assets: 22,895 14,241
Creditors: amounts falling due within one year: 4 ( 67,428 ) ( 46,001 )
Net current assets (liabilities): (44,533) (31,760)
Total assets less current liabilities: 452 26,938
Total net assets (liabilities): 452 26,938
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 451 26,937
Total Shareholders' funds: 452 26,938

The notes form part of these financial statements

DRONFIELD GYMNASTICS ACADEMY CIC

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 26 September 2025
and signed on behalf of the board by:

Name: Ms C Hague
Status: Director

The notes form part of these financial statements

DRONFIELD GYMNASTICS ACADEMY CIC

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 for goods supplied and services rendered, net of discounts and VAT

    Tangible fixed assets depreciation policy

    Tangible assets are initially recorded at cost and are subsequently stated at cost less and accumulated depreciation and impairment losses

DRONFIELD GYMNASTICS ACADEMY CIC

Notes to the Financial Statements

for the Period Ended 30 November 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 23 19

DRONFIELD GYMNASTICS ACADEMY CIC

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 196,882 196,882
Additions 1,281 1,281
Disposals
Revaluations
Transfers
At 30 November 2024 198,163 198,163
Depreciation
At 1 December 2023 138,184 138,184
Charge for year 14,994 14,994
On disposals
Other adjustments
At 30 November 2024 153,178 153,178
Net book value
At 30 November 2024 44,985 44,985
At 30 November 2023 58,698 58,698

DRONFIELD GYMNASTICS ACADEMY CIC

Notes to the Financial Statements

for the Period Ended 30 November 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 31,146 34,664
Taxation and social security 28,485 8,812
Other creditors 7,797 2,525
Total 67,428 46,001

DRONFIELD GYMNASTICS ACADEMY CIC

Notes to the Financial Statements

for the Period Ended 30 November 2024

5. Loans to directors

Name of director receiving advance or credit: Ms C Hague
Description of the transaction:
Directors advances, credits and guarantees
£
Balance at 30 November 2023 125
Advances or credits made:
Advances or credits repaid:
Balance at 30 November 2024 125

COMMUNITY INTEREST ANNUAL REPORT

DRONFIELD GYMNASTICS ACADEMY CIC

Company Number: 08307513 (England and Wales)

Year Ending: 30 November 2024

Company activities and impact

The company’s activities have provided gymnastic tuition and training to local children, schools and parents, catering for all ages and abilities. They also train new coaches for themselves and a local dance school. Again, the students have won many medals in competitions, competed in a national competition, hold South Yorkshire titles and have members in the South Yorkshire squad.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

Director’s remuneration was £35215 and 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.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
26 September 2025

And signed on behalf of the board by:
Name: Ms C Hague
Status: Director