Jenn's Gym Charity Accounts

COMPANY REGISTRATION NUMBER: NI718573

CHARITY REGISTRATION NUMBER: 110301

Jenn's Gym

Company Limited by Guarantee

Unaudited Financial Statements

31 July 2025

Jenn's Gym

Company Limited by Guarantee

Financial Statements

Period from 18 July 2024 to 31 July 2025

	Page

Trustees' annual report (incorporating the director's report)	1

Independent examiner's report to the trustees	5

Statement of financial activities (including income and expenditure account)	6

Statement of financial position	7

Notes to the financial statements	8

Jenn's Gym

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report)

Period from 18 July 2024 to 31 July 2025

The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the period ended 31 July 2025 .

Reference and administrative details

Registered charity name	Jenn's Gym

Charity registration number	110301

Company registration number	NI718573

Principal office and registered	15a Carrakeel Drive
office	Maydown
	Londonderry
	BT47 6UQ

The trustees

	J Smyth	(Appointed 18 July 2024)
	P Smyth	(Appointed 18 July 2024)
	K Gregg	(Appointed 18 July 2024)

Independent examiner	James Magee Aubrey Campbell & Co
	631 Lisburn Road
	Belfast
	BT9 7GT

Structure, governance and management

The charity is a company limited by guarantee and is governed by its Memorandum and Articles of Association. The company is not for profit and limited by guarantee, the liability of the members being limited to £10.

The organisation is governed by its Board of Directors who are also Trustees and who meet on a regular basis.

The trustees, who are also directors for the purposes of company law, are responsible for preparing the trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the charity trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charitable company and the incoming resources and application of resources, including the income and expenditure, for that period.

In preparing these financial statements, the trustees are required to:

- select suitable accounting policies and then apply them consistently;

- observe the methods and principles in the applicable Charities SORP;

- make judgments and accounting estimates that are reasonable and prudent;

- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.

The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Appointment of trustees

The charity is governed by a board of trustees who are appointed in accordance with the charity's articles of association. The trustees initially appointed to the board have been selected based on the skills, experience and perspectives they can bring to support the charity's work. All trustees give their time freely and receive no remuneration for their role.

Public Benefit Statement

The trustees confirm that they have had due regard for the guidance produced on public benefit by the Charity Commission for Northern Ireland and are pleased to report that during the period the charitable company has continued to provide public benefits through the programmes and services we offer.

Objectives and activities

The Charity's objects are specifically restricted to the following:

The relief of those in need by reason of disability without regard to their age, sex, religion, political opinion, colour or ethnicity, particularly through the provision of accessible exercise facilities with specialised and adapted equipment for such persons; and

The advancement of health through the provision of physical rehabilitation for people with neurological conditions, as well as the advancement of mental health by providing access to fitness.

Significant charitable activities and achievements against objectives:

Between January and July 2025 Jenn's Gym had 19 females and 24 males attend the gym with one or more of 17 different neurological conditions or disabilities. Their ages ranged from 15 years old to 76 years old.

People travelled from Counties Tyrone, Londonderry and Antrim with the majority of members coming from the North and West areas of Northern Ireland.

Money from a local fundraising event went towards the running costs of Jenn's Gym and the purchase of an adaption to a regular spin-bike to make it more inclusive.

Jenn's Gym was visited by representatives from NICHS, the Mae Murray Foundation, Kingsbridge Private Hospital and Foundation, Disability Sport NI, Occupational Therapy NI, Tuned In Project's Disability Action Group, and Foyle Down Syndrome Trust Project 21 group.

Directors and volunteers from Jenn's Gym attended visual awareness training by representatives from the RNIB Northern Ireland. Two of Jenn's Gym directors attended the Women in Business All-Island Female Entrepreneur's Conference 2025. Two of Jenn's Gym directors visited Aspace2 MultisensoryCentre, a specialist facility for children and young adults who have additional support needs, to connect with other charities with similar objectives.

Jenn's Gym was chosen to be one of two recipients to receive proceeds from a book written by Rosemary Gifford called "It Seems Like Yesterday: Rosemary and Friends"

Strategic report

The following sections for achievements and performance and financial review form the strategic report of the charity.

Achievements and performance

Opened on 17th January 2025, Jenn's Gym became the first gym in Northern Ireland with specialised and adapted equipment offering people with neurological conditions and disabilities, and who often feel excluded from mainstream gyms, a safe place to work out and exercise. Jenn's Gym was featured across multiple media outlets (BBC - The One Show, BBC News NI, BBC Radio Foyle, Derry Journal) and visited by Derry City and Strabane's Mayor (at that time) Lilian Seenoi-Barr, Minister for Health Mike Nesbitt MLA, and Paralympian Hannah Cockroft OBE. The Mayor of Derry and Strabane District council hosted a reception for Jenn's Gym in the Guildhall and presented a plaque to recognise the valuable services provided by Jenn's Gym. Jenn's Gym was registered with Euan's Guide, a charity offering disability access reviews so that disabled people, their families, friends, and carers can find and share the accessibility of venues around the UK and beyond.

Difference made to beneficiaries and, if practicable, wider society:

With access to the specialised equipment at Jenn's Gym several beneficiaries were able to move parts of their bodies they had been unable to move for some time, creating health benefits and a great sense of well-being. Others reported improvements in their daily living activities following their sessions at Jenn's Gym. Many also reported that they felt included, less isolated, and looking forward to becoming part of the gym community meeting others in similar situations to themselves. The local Men's Shed group manufactured some much needed ramps to allow more users access to one of the arm and leg bikes. A self-employed Personal Trainer was identified to provide assistance and guidance to further support users of Jenn's Gym. A wheelchair basketball team, Causeway Giants, were able to able to attend a series of fitness sessions as a team. In July two Easy-Stand Gliders were donated to Jenn's Gym allowing fully supportive standing and cross-training for individuals needing support going from sitting to standing, staying standing, and pre-walking.

Financial review

The Charity had total income of £30,719, of which £27,092 was from donations and legacies, and £3,627 was from the charitable activity of operating the gym. Expenditure on charitable activities totalled £20,732 for the period under review. All income and expenditure was unrestricted in nature. Net incoming resources totalled £9,987 with charitable funds of £9,987 at the period end date, with the Charity holding a bank balance of £7,350.

Reserves Policy

The trustees recognise the importance of maintaining an appropriate level of reserves to ensure the charity can continue to operate effectively and meet its commitments as they fall due. With the charity having only commenced operations in the period under review, the trustees have adopted a flexible approach to reserves, taking into account the nature of the charity's activities, the level of financial risk it faces, and the reliability of its income streams. This allows the charity to respond to changing circumstances while remaining financially resilient. The level of reserves is reviewed regularly as part of the trustees ongoing financial oversight.

The trustees are satisfied that this approach provides a balanced and responsible framework, enabling the charity to pursue its objectives while maintaining financial stability.

Plans for future periods

Jenn's Gym plans are to continue to raise awareness of Jenn's Gym among stakeholder community eg health professionals, specific groups etc by digital communications, presenting at relevant meetings and engaging with potential influential personnel.

Continue to liaise with member/clients to ensure their needs are taken into consideration when making decisions to purchase equipment or considering changing opening hours.

Continue applications to secure funding to sustain operational capability.

The trustees' annual report and the strategic report were approved on 27 May 2026 and signed on behalf of the board of trustees by:

J Smyth	P Smyth
Trustee	Trustee

Jenn's Gym

Company Limited by Guarantee

Independent Examiner's Report to the Trustees of Jenn's Gym

Period from 18 July 2024 to 31 July 2025

I report to the trustees on my examination of the financial statements of Jenn's Gym ('the charity') for the period ended 31 July 2025.

Responsibilities and basis of report

As the trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of Charities Act (Northern Ireland) 2008 (the ‘2008 Act’) and the Companies Act 2006 (‘the 2006 Act’). You are satisfied that the accounts of the company are not required by charity or company law to be audited and have chosen instead to have an independent examination.

Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity's financial statements as carried out under section 65 of the 2008 Act. In carrying out my examination I have followed the general Directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the 2008 Act. Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with my examination giving me cause to believe that in any material respect:

1. accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or

2. the financial statements do not accord with those records; or

3. the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination; or

4. the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

I confirm that there are no other matters to which your attention should be drawn to enable a proper understanding of the accounts to be reached.

James Magee Aubrey Campbell & Co

Independent Examiner

631 Lisburn Road Belfast BT9 7GT

27 May 2026

Jenn's Gym

Company Limited by Guarantee

Statement of Financial Activities

(including income and expenditure account)

Period from 18 July 2024 to 31 July 2025

	Period from 18 Jul 24 to 31 Jul 25
	Unrestricted funds	Total funds
Note	£	£

Income and endowments

Donations and legacies	5	27,092	27,092
Charitable activities	6	3,627	3,627
		--------	--------
Total income		30,719	30,719
		--------	--------

Expenditure

Expenditure on charitable activities	7,8	20,732	20,732
		--------	--------
Total expenditure		20,732	20,732
		--------	--------

	--------	--------
Net income and net movement in funds	9,987	9,987
	--------	--------

Reconciliation of funds

Total funds brought forward	–	–
	--------	--------
Total funds carried forward	9,987	9,987
	--------	--------

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing activities.

Jenn's Gym

Company Limited by Guarantee

Statement of Financial Position

31 July 2025

	31 Jul 25
Note	£

Fixed assets

Tangible fixed assets	13	6,929

Current assets

Debtors	14	82
Cash at bank and in hand		7,350
		-------
		7,432

Creditors: amounts falling due within one year	15	4,374
		-------
Net current assets		3,058
		-------
Total assets less current liabilities		9,987
		-------
Net assets		9,987
		-------

Funds of the charity

Unrestricted funds		9,987
		-------
Total charity funds	16	9,987
		-------

For the period ending 31 July 2025 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

These financial statements were approved by the board of trustees and authorised for issue on 27 May 2026 , and are signed on behalf of the board by:

J Smyth	P Smyth
Trustee	Trustee

Jenn's Gym

Company Limited by Guarantee

Notes to the Financial Statements

Period from 18 July 2024 to 31 July 2025

1. General information

The charity is a public benefit entity and a private company limited by guarantee, registered in Northern Ireland and a registered charity in Northern Ireland. The address of the registered office is 15a Carrakeel Drive, Maydown, Londonderry, BT47 6UQ.

2. Statement of compliance

These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Companies Act 2006.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

There are no material uncertainties about the charity's ability to continue.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Valuation and Recognition of Donated Equipment During the year, the Charity received donated gym equipment to support its users. A total value of £8,000 has been attributed to the equipment at the dates of donation. The Trustees exercised judgement in determining that: - ownership and control of the equipment had transferred to the Charity. This includes items given on permanent loan. In relation to such arrangements, the Trustees have assessed who has practical control of the equipment, the economic reality of the arrangement, the ability of the Charity to direct use of the equipment, and if the Charity is exposed to the risks and rewards relating to the equipment; - the equipment would provide ongoing economic benefit and service potential to the Charity; - the donated items met the definition of tangible fixed assets under FRS 102 and the Charities SORP; and - the donor’s valuation represented a reasonable approximation of fair value at the date of receipt. Accordingly, the equipment has been recognised within tangible fixed assets and corresponding donation income has been recognised within income for the period. Assets Held on Permanent Loan The Charity utilises certain assets provided under long-term or permanent loan arrangements. In determining the appropriate accounting treatment for these arrangements, the Trustees have exercised significant judgement in assessing whether the Charity has obtained control of the assets and the related economic benefit or service potential. In making this assessment, the Trustees considered factors including: - whether the Charity has unrestricted use of the assets in furtherance of its charitable objectives;- whether the lender retains substantive rights to reclaim the assets;- responsibility for insurance, maintenance and replacement;- the expected duration of the arrangement; and - whether the Charity bears the risks and rewards associated with the assets. Where the Trustees conclude that control and the associated service potential have transferred to the Charity, the assets are recognised within tangible fixed assets at fair value at the date of receipt, with a corresponding amount recognised as donation income in the Statement of Financial Activities. Where the Trustees conclude that the Charity does not control the assets, the assets are not recognised in the balance sheet and details of the arrangement are disclosed within the notes to the financial statements where material. The Trustees review these arrangements annually to ensure the accounting treatment remains appropriate. Going Concern The Trustees have assessed the Charity’s ability to continue as a going concern for a period of at least twelve months from the date of approval of the financial statements. In making this assessment, the Trustees considered: - the level of unrestricted reserves held at the year end;- forecast cash flows and expected operating expenditure;- anticipated continuing donor and community support; and- the absence of material uncertainties relating to funding or liquidity. The Trustees concluded that the Charity has adequate financial resources to continue in operational existence for the foreseeable future and, therefore, the financial statements have been prepared on a going concern basis. Useful Economic Life of Gym Equipment The Charity depreciates gym equipment over its estimated useful economic life. The estimation of useful lives is based on factors including expected usage, maintenance programmes, technological developments and the physical condition of the assets. The Trustees review the useful economic lives of fixed assets annually and adjusts depreciation rates where appropriate. Changes in these estimates could affect future depreciation charges and carrying values of tangible fixed assets.

Fund accounting

Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes. Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment. Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.

Incoming resources

All income is included in the statement of financial activities when entitlement has passed to the charity, it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income: - income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably. - legacy income is recognised when receipt is probable and entitlement is established. - income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated tangible fixed assets are initially recognised at fair value at the date of receipt. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers. - income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.

Resources expended

Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates: - expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading activities, and the sale of donated goods. - expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities. - other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.

All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses, unless it reverses a charge for impairment that has previously been recognised as expenditure within the statement of financial activities. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other recognised gains and losses, except to which it offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activities.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Equipment	-	20% reducing balance

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the charity are assigned to those units.

4. Limited by guarantee

Should the company wind up, any subscribers that are present on this date, or cease to be a subscriber within one year of the wind up, they will contribute to the assets of the company by such amount as may be required for payment of debts and liabilities of the company contracted before they cease to be a member, payment of costs, charges and expenses of winding up, and adjustment of the rights of the contributors among themselves, not exceeding the specified amount in the statement of guarantee.

5. Donations and legacies

		Unrestricted Funds	Total Funds 2025
		£	£

Donations

Donations	27,092	27,092
	--------	--------

6. Charitable activities

	Unrestricted Funds	Total Funds 2025
	£	£
Sale of goods/services as part of direct charitable activities	3,627	3,627
	-------	-------

7. Expenditure on charitable activities by fund type

	Unrestricted Funds	Total Funds 2025
	£	£
Specialised fitness facilities	12,500	12,500
Support costs	8,232	8,232
	--------	--------
	20,732	20,732
	--------	--------

8. Expenditure on charitable activities by activity type

	Activities undertaken directly	Support costs	Total funds 2025
	£	£	£
Specialised fitness facilities	12,500	–	12,500
Governance costs	–	8,232	8,232
	--------	-------	--------
	12,500	8,232	20,732
	--------	-------	--------

9. Net income

Net income is stated after charging/(crediting):

	31 Jul 25
	£
Depreciation of tangible fixed assets	1,732
	-------

10. Independent examination fees

	Period from
	18 Jul 24 to
	31 Jul 25
	£

Fees payable to the independent examiner for:

Independent examination of the financial statements	1,200
Other financial services	800
	-------
	2,000
	-------

11. Staff costs

The average head count of employees during the period was Nil.

No employee received employee benefits of more than £60,000 during the year (2024: Nil).

12. Trustee remuneration and expenses

No remuneration or other benefits from employment with the charity or a related entity were received by the trustees.

13. Tangible fixed assets

	Gym Equipment
	£
Cost
At 18 July 2024	–
Additions	8,661
	-------
At 31 July 2025	8,661
	-------
Depreciation
At 18 July 2024	–
Charge for the period	1,732
	-------
At 31 July 2025	1,732
	-------
Carrying amount
At 31 July 2025	6,929
	-------

14. Debtors

	31 Jul 25
	£
Trade debtors	82
	----

15. Creditors: amounts falling due within one year

	31 Jul 25
	£
Accruals and deferred income	4,374
	-------

16. Analysis of charitable funds

Unrestricted funds

	At 18 July 2024	Income	Expenditure	At 31 July 2025
	£	£	£	£
General funds	–	30,719	(20,732)	9,987
	----	--------	--------	-------

17. Analysis of net assets between funds

	Unrestricted Funds	Total Funds 2025
	£	£
Tangible fixed assets	6,929	6,929
Current assets	7,432	7,432
Creditors less than 1 year	(4,374)	(4,374)
	-------	-------
Net assets	9,987	9,987
	-------	-------

18. Related parties

During the financial period under review, related parties donated a total of £16,840 to the Charity. In addition, the charity received a donation of an Electric Arm and Leg Bike from a trustee. The asset has been capitalised within equipment at an estimated fair value of £1,500, determined by market prices for similar equipment.