ABBEY GYMNASTICS C.I.C.

Company limited by guarantee

Company Registration Number:
NI604751 (Northern Ireland)

Unaudited statutory accounts for the year ended 31 October 2024

Period of accounts

Start date: 1 November 2023

End date: 31 October 2024

ABBEY GYMNASTICS C.I.C.

Contents of the Financial Statements

for the Period Ended 31 October 2024

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

ABBEY GYMNASTICS C.I.C.

Balance sheet

As at 31 October 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 88,132 96,047
Total fixed assets: 88,132 96,047
Current assets
Debtors: 4 19,597 24,914
Cash at bank and in hand: 42,338 3,898
Total current assets: 61,935 28,812
Creditors: amounts falling due within one year: 5 ( 66,041 ) ( 87,733 )
Net current assets (liabilities): (4,106) (58,921)
Total assets less current liabilities: 84,026 37,126
Total net assets (liabilities): 84,026 37,126
Members' funds
Profit and loss account: 84,026 37,126
Total members' funds: 84,026 37,126

The notes form part of these financial statements

ABBEY GYMNASTICS C.I.C.

Balance sheet statements

For the year ending 31 October 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 30 October 2025
and signed on behalf of the board by:

Name: Alison McMullan
Status: Director

The notes form part of these financial statements

ABBEY GYMNASTICS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 October 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

ABBEY GYMNASTICS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 14 13

ABBEY GYMNASTICS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 October 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 November 2023 172,064 64,587 236,651
Additions 21,463 21,463
Disposals
Revaluations
Transfers
At 31 October 2024 193,527 64,587 258,114
Depreciation
At 1 November 2023 124,457 16,147 140,604
Charge for year 17,268 12,110 29,378
On disposals
Other adjustments
At 31 October 2024 141,725 28,257 169,982
Net book value
At 31 October 2024 51,802 36,330 88,132
At 31 October 2023 47,607 48,440 96,047

ABBEY GYMNASTICS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 October 2024

4. Debtors

2024 2023
£ £
Other debtors 19,597 24,914
Total 19,597 24,914

ABBEY GYMNASTICS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 October 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 17,342 27,979
Taxation and social security 8,613 8,613
Other creditors 40,086 51,141
Total 66,041 87,733

ABBEY GYMNASTICS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 October 2024

6. Loans to directors

Name of director receiving advance or credit:
Description of the transaction:
Advance for car
£
Balance at 31 October 2023 24,914
Advances or credits made:
Advances or credits repaid: 5,317
Balance at 31 October 2024 19,597

COMMUNITY INTEREST ANNUAL REPORT

ABBEY GYMNASTICS C.I.C.

Company Number: NI604751 (Northern Ireland)

Year Ending: 31 October 2024

Company activities and impact

Abbey Gymnastics CIC offers professional gymnastics classes and fitness programmes with a participant-centred approach. Our classes are open to children, young people and adults of all ages and abilities. Our coaches focus on building discipline and teamwork while helping each participant grow in self-confidence and self-esteem. We aim to help individuals reach their full potential through gymnastics and related health-focused activities. A key aim of our programme is to engage the community of West Belfast by providing access to sport, health, fitness and coach education - particularly for those affected by long-term deprivation. Facility Developments: 2024 seen the expansion of our facility in to a 3rd unit. This now makes Abbey Gymnastics facility 9900 sq ft compared to the 3300 sq ft in 2010. This has enabled the club to increase membership and make running events smoother and more efficient. Staffing & Volunteers: This year, Abbey employed 5 full-time and 6 part-time staff, in both paid and voluntary roles. We were also supported by 7 members of the Parents’ Fundraising and Events Committee, as well as 3 voluntary judges. Welfare: Welfare Officer Michele Cowan and Head Coach Alison McMullan attended the annual British Gymnastics Safeguarding Conference in England, gaining updates on policies and procedures. Leadership Academy: In 2023/2024, our Leadership Academy continued to grow. We now have 31 members aged 11 and up, with one of our senior members progressing to university in Manchester. This group played a key role in planning and delivering our annual showcase, prize-giving, regional competitions, and the Belfast Festival of Gymnastics. Our existing Leadership Academy members continued to attend monthly meetings covering key topics such as safeguarding, online safety, and more. Two of our Young Leaders completed the British Gymnastics Level 1 in Women’s Artistic Gymnastics, one completed the BG Level 2 in Women’s Artistic and three Young Leaders completed the BG Pre-school add on module.

Consultation with stakeholders

The Company's stakeholders are the gymnasts who take part in our classes and their parents. Coaches are encouraged to talk to parents/gymnasts and listen to any comments they may have, and parents are made aware that they are welcome to discuss issues with coaches at any time. The Club has a Parents' Committee/Fundraising Committee. Regular joint coaches'/parents' meetings take place which are a platform for issues to be discussed and ideas to be put forward and actions agreed. The Club makes use of a Website, Facebook page and Instagram which, as well as being a means of relaying information, are also a means of receiving feedback. The Club provide a feedback box and have arranged individual and group consultations with parents of specific disciplines twice annually.

Directors' remuneration

Directors remuneration is £47,080

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
30 October 2025

And signed on behalf of the board by:
Name: Alison McMullan
Status: Director