HAMPSTEAD GYMNASTICS CLUB C.I.C.

Company limited by guarantee

Company Registration Number:
14203976 (England and Wales)

Unaudited statutory accounts for the year ended 31 August 2025

Period of accounts

Start date: 1 September 2024

End date: 31 August 2025

HAMPSTEAD GYMNASTICS CLUB C.I.C.

Contents of the Financial Statements

for the Period Ended 31 August 2025

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

HAMPSTEAD GYMNASTICS CLUB C.I.C.

Directors' report period ended 31 August 2025

The directors present their report with the financial statements of the company for the period ended 31 August 2025

Principal activities of the company

Hampstead Gymnastics Club CIC provides recreational gymnastics classes to children principally aged 4 to 16 in London and Hertfordshire. We aim to provide affordable and inclusive classes including some pre-school activity and welcome the participation of boys and girls and children who have body management issues. Our classes are available to all irrespective of ability and we aim to assist families on low income to access gymnastics classes.

Political and charitable donations

No political or charitable donations were made during the year.



Directors

The directors shown below have held office during the whole of the period from
1 September 2024 to 31 August 2025

Theodore Acort Lake
Anisha Benjamin-Sampath


Secretary Theresa Broome

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
20 April 2026

And signed on behalf of the board by:
Name: Theodore Acort Lake
Status: Director

HAMPSTEAD GYMNASTICS CLUB C.I.C.

Profit And Loss Account

for the Period Ended 31 August 2025

2025 2024


£

£
Turnover: 117,436 136,488
Cost of sales: ( 114,522 ) ( 118,894 )
Gross profit(or loss): 2,914 17,594
Administrative expenses: ( 9,303 ) ( 8,434 )
Operating profit(or loss): (6,389) 9,160
Profit(or loss) before tax: (6,389) 9,160
Tax: 1,152 ( 1,816 )
Profit(or loss) for the financial year: (5,237) 7,344

HAMPSTEAD GYMNASTICS CLUB C.I.C.

Balance sheet

As at 31 August 2025

Notes 2025 2024


£

£
Current assets
Debtors: 3 4,890 5,284
Cash at bank and in hand: 29,731 39,734
Total current assets: 34,621 45,018
Creditors: amounts falling due within one year: 4 ( 4 ) ( 680 )
Net current assets (liabilities): 34,617 44,338
Total assets less current liabilities: 34,617 44,338
Provision for liabilities: ( 1,816 )
Accruals and deferred income: ( 27,799 ) ( 30,467 )
Total net assets (liabilities): 6,818 12,055
Members' funds
Profit and loss account: 6,818 12,055
Total members' funds: 6,818 12,055

The notes form part of these financial statements

HAMPSTEAD GYMNASTICS CLUB C.I.C.

Balance sheet statements

For the year ending 31 August 2025 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 20 April 2026
and signed on behalf of the board by:

Name: Theodore Acort Lake
Status: Director

The notes form part of these financial statements

HAMPSTEAD GYMNASTICS CLUB C.I.C.

Notes to the Financial Statements

for the Period Ended 31 August 2025

  • 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 includes income from activities. Tuition fees are included in the profit and loss account on a receivable basis. Where income is received in advance of the period which it relates to, its recognition is deferred and included in creditors as deferred income

    Other accounting policies

    Expenditure All expenditure has been included in the Profit and Loss account on an accruals basis. Reserves policy The Directors have set a level equivalent to 3 months of operating costs for the organisation as a desired level of reserve. This fund is a contingency in the event of a sudden reduction in income, in order to protect the future operation of the organisation from the effects of any unforeseen variations in its income and expenditure. The reserves policy and the levels of reserves required are reviewed yearly as part of the annual budgetary process. Taxation The current corporation tax credit/charge is calculated on the basis of tax rates in operation during the financial year.

HAMPSTEAD GYMNASTICS CLUB C.I.C.

Notes to the Financial Statements

for the Period Ended 31 August 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 2 2

HAMPSTEAD GYMNASTICS CLUB C.I.C.

Notes to the Financial Statements

for the Period Ended 31 August 2025

3. Debtors

2025 2024
£ £
Trade debtors 4,890 5,284
Total 4,890 5,284

HAMPSTEAD GYMNASTICS CLUB C.I.C.

Notes to the Financial Statements

for the Period Ended 31 August 2025

4. Creditors: amounts falling due within one year note

2025 2024
£ £
Taxation and social security 4 680
Total 4 680

COMMUNITY INTEREST ANNUAL REPORT

HAMPSTEAD GYMNASTICS CLUB C.I.C.

Company Number: 14203976 (England and Wales)

Year Ending: 31 August 2025

Company activities and impact

Hampstead Gymnastics Club continues to provide high quality gymnastics sessions for children aged 4 to 16, catering for a diverse range of abilities and families with differing financial resources whilst maintaining a low hourly rate for the tuition. In our small Cottonmill venue we provide some free sessions targeted at families facing financial challenges. Families are referred through our liaison with a local Community organisation LeeannasWish C.I.C. We also offer some concessional rates at the North London venue. In both our venues we welcome children with a wide range of abilities and are renowned for welcoming children with poor body awareness as well as working with children with Special Educational Needs. Whilst we do not engage in regional (inter-borough or London-wide) competitions due to the limited number of training hours available to our children, our Squad members do engage in competitions with several local clubs and all our members are able to participate in Showcase events.

Consultation with stakeholders

Each term ends with an End-of-Term party where the children experience a less formal session playing games throughout and sit down to share food provided by the parents. Parents love this informal setting and the opportunity to converse with the coaches and provide useful feedback on the Club. Many take the opportunity to comment on how well their children are progressing and their positive experience of the Club. All our North London children were invited to participate in a Showcase event in December 2024. A range of routines ensured that children of every ability were included and able to demonstrate their skills to family and friends. Much of our regular communication is done by email, for example, parents feel comfortable to ask for a change of session to enable them to attend special family or other events without their child missing their session. Our gymnasts participated in an inter club competition in March 2025 and, due to overwhelmingly positive feedback, we will be hosting a similar competition in May 2026.

Directors' remuneration

The total amount paid to directors in respect of qualifying services was £34,103. One director received salary of £27,831 One director received a total of £6,272 for delivery of coaching services.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
20 April 2026

And signed on behalf of the board by:
Name: Theodore Acort Lake
Status: Director