Sturfit

	Page
Trustees' Report	1—2
Independent Examiner's Report	3
Statement of Financial Activities (including Income and Expenditure Account)	4
Balance Sheet	5—6
Notes to the Financial Statements	7—13

The trustees present their report and the financial statements for the year ended 31 March 2026.

Objectives and Activities

Aims and Objectives

The Trustees are pleased to report another successful year for Sturfit, with continued growth in both usage and income. Demand for the centre's facilities remains strong and continues to increase, driven by a combination of new housing development within the town, growing public interest in maintaining health and fitness, and increasing use of the centre by local clubs and community groups.

Turnover increased by 18.59% during the year, providing the charity with the opportunity to reinvest in the facilities for the benefit of users. More than £34,000 was invested in upgrading and expanding equipment throughout the centre, including the installation of a new infrared sauna at a cost of £7,500.

The Trustees remain committed to Sturfit's charitable objective of providing accessible, high-quality leisure and fitness facilities for the local community. Our aim continues to be to keep the centre affordable for all while investing responsibly to ensure the facilities remain modern, welcoming and fit for the future.

Reference and Administrative Details

Trustees

Mr Thomas Bridger-Chilvers

Miss Jane Caie

Mr Robert Clark

Mr Peter Hallam

Mr Courtenay Hitchcock

Mr Scott Harris (appointed 28/05/2025)

Charity Number

1147051

Company Number

07977751

Independent Examiner

Probusiness Limited

Probusiness Ltd

Mendip Court
Bath Road
Wells
BA5 3DG

Page 1

Page 2

Sturfit

Trustees' Report (continued)

For The Year Ended 31 March 2026

Small Company Rules

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

The trustees' report was approved by the board of trustees and signed on its behalf by:

Mr Courtenay Hitchcock

Trustee

7 July 2026

Page 2

Page 3

Sturfit

Independent Examiner's Report to the Trustees of Sturfit

For The Year Ended 31 March 2026

Independent Examiner's Report to the Trustees of Sturfit

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2026.

Responsibilities and Basis of Report

As the charity trustees of the Company (and also its directors for the purposes of company law), you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (“the 2006 Act”).

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 your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent Examiner's Statement

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

accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
the accounts do not accord with those records; or
the accounts 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
the accounts 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 have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Probusiness Limited

7 July 2026

Mendip Court
Bath Road
Wells
BA5 3DG

Page 3

Page 4

Sturfit

Statement of Financial Activities (including Income and Expenditure Account)

For The Year Ended 31 March 2026

Statement of Financial Activities (including Income and Expenditure Account)

		2026	2025
		Unrestricted funds	Unrestricted funds
	Notes	£	£
INCOME AND ENDOWMENTS FROM:
Donations and legacies	3	152,536	121,945
Investments	4	990	1,168

		153,526	123,113

EXPENDITURE ON:
Raising funds	6	(114,417 )	(106,157 )
Charitable activities:	6
Other		(335 )	(399 )

		(114,752 )	(106,556 )

NET INCOME		38,774	16,557


NET MOVEMENT IN FUNDS		38,774	16,557
RECONCILIATION OF FUNDS:
Total funds brought forward		108,614	92,057

TOTAL FUNDS CARRIED FORWARD	12	147,388	108,614

The notes on pages 7 to 11 form part of these financial statements.

Page 4

Page 5

Sturfit

Balance Sheet

As At 31 March 2026

Balance Sheet

				2026	2025
		Unrestricted funds	Restricted funds	Total funds	Total funds
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	9	65,838	-	65,838	46,039

		65,838	-	65,838	46,039
CURRENT ASSETS
Debtors	10	3,072	-	3,072	3,135
Cash at bank and in hand		120,619	-	120,619	110,847

		123,691	-	123,691	113,982
Creditors: Amounts Falling Due Within One Year	11	(42,141 )	-	(42,141 )	(51,407 )

NET CURRENT ASSETS (LIABILITIES)		81,550	-	81,550	62,575

TOTAL ASSETS LESS CURRENT LIABILITIES		147,388	-	147,388	108,614

NET ASSETS		147,388	-	147,388	108,614

FUNDS OF THE CHARITY
Unrestricted Funds				147,388	108,614

TOTAL FUNDS	12			147,388	108,614

Page 5

Page 6

Sturfit

Balance Sheet (continued)

As At 31 March 2026

For the year ending 31 March 2026 the charitable company was entitled to exemption from audit 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 trustees 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 in accordance with the provisions applicable to companies subject to the small companies regime.

On behalf of the board

Mr Courtenay Hitchcock

Trustee

7 July 2026

The notes on pages 7 to 11 form part of these financial statements.

Page 6

Page 7

Sturfit

Notes to the Financial Statements

For The Year Ended 31 March 2026

Notes to the Financial Statements

1. General Information

Sturfit is a company limited by guarantee, incorporated in , registered number 07977751 and registered charity number 1147051 . The registered office is .

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared in accordance with the Charities SORP (FRS 102) "Accounting and Reporting by Charities: 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) (effective 1 January 2019)", Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

The charitable company is a Public Benefit Entity as defined by FRS 102.

2.2. Incoming Resources

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings	15% RB
Computer Equipment	25% RB

2.4. Cash and Cash Equivalents

Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.

3. Income from Donations and Legacies

	2026	2025
	Unrestricted	Unrestricted
	funds	funds
	£	£
Donations and gifts	145,013	121,945
Grants	7,523	-

	152,536	121,945

4. Investment Income

Page 7

Page 8

Sturfit

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

	2026	2025
	Unrestricted	Unrestricted
	funds	funds
	£	£
Bank interest receivable	990	1,168

5. Net Income/(Expenditure)

The net income is stated after charging/(crediting):

	2026	2025
	£	£
Depreciation of tangible fixed assets - owned	11,063	7,934
Gain/Loss on disposal of tangible fixed assets	2,621	-

6. Analysis of Expenditure

			2026
	Activities undertaken directly	Support costs (see note 7 )	Total
	£	£	£
Raising funds	3,457	110,960	114,417

			2025
	Activities undertaken directly	Support costs (see note 7 )	Total
	£	£	£
Raising funds	3,121	103,036	106,157

Page 8

Page 9

Sturfit

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

7. Support Costs

	2026
	Raising funds
	£
Premises expenses	15,093
General administration	81,271
Depreciation	13,684
Interest payable	912

	110,960

	2025
	Raising funds
	£
Premises expenses	16,725
General administration	77,652
Depreciation	7,934
Interest payable	725

	103,036

8. Average Number of Employees

Average number of employees during the year was: NIL (2025: NIL)

9. Tangible Assets

	Land & Property
	Leasehold	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 April 2025	31,651	99,281	1,506	132,438
Additions	-	27,697	6,470	34,167
Disposals	-	(12,959 )	(690 )	(13,649 )

As at 31 March 2026	31,651	114,019	7,286	152,956

...CONTINUED

Page 9

Page 10

Sturfit

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

Depreciation
As at 1 April 2025	31,651	53,872	876	86,399
Provided during the period	-	9,582	1,481	11,063
Disposals	-	(9,753 )	(591 )	(10,344 )

As at 31 March 2026	31,651	53,701	1,766	87,118

Net Book Value
As at 31 March 2026	-	60,318	5,520	65,838

As at 1 April 2025	-	45,409	630	46,039

10. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	524	659
Other debtors	2,548	2,476

	3,072	3,135

11. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	327	1,011
Accruals and deferred income	41,814	50,396

	42,141	51,407

12. Movement in Funds

	As at 1 April 2025	Income	Expenditure	As at 31 March 2026
	£	£	£	£
Unrestricted funds
General:
General unrestricted fund	108,614	153,526	(114,752 )	147,388


Total funds	108,614	153,526	(114,752 )	147,388

Page 10

Page 11

Sturfit

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

	As at 1 April 2024	Income	Expenditure	As at 31 March 2025
	£	£	£	£
Unrestricted funds
General:
General unrestricted fund	92,057	123,113	(106,556 )	108,614


Total funds	92,057	123,113	(106,556 )	108,614

13. Transactions with Trustees

None of the trustees received any remuneration or any other benefits from an employment with the charity or a related entity during the current or previous year.

No trustee expenses have been incurred.

14. Related Party Disclosures

There have been no related party transactions in the reporting period that require disclosure.

15. Company limited by guarantee

The company is limited by guarantee and has no share capital.

Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.

Page 11

Page 12

Sturfit

Detailed Statement of Financial Activities (including Income and Expenditure Account)

For The Year Ended 31 March 2026

Detailed Statement of Financial Activities (including Income and Expenditure Account)

	2026	2025
	Total funds	Total funds
	£	£
INCOME AND ENDOWMENTS FROM:
Donations and legacies

Club Income	47,052	38,122
Gym Income	94,806	78,612
Product Income	1,396	1,787
Donations and Legacies	1,759	3,424
Grants	7,523	-

	152,536	121,945

Investments

Bank interest receivable	990	1,168

	990	1,168


	153,526	123,113
EXPENDITURE ON:
Raising funds
Fundraising Costs	(872)	(571)
Subcontractor costs	(2,585)	(2,550)
Light and heat	(10,800)	(10,800)
Maintenance Charges	(756)	(752)
Cleaning	(3,537)	(5,173)
Prduct Purchases	(2,038)	(1,051)
Computer Sundries	(40)	-
Membership System Rental	(2,618)	(3,036)
Gym Equipment Maintenance	(2,734)	(3,143)
Insurance	(1,851)	(1,738)
Printing, postage and stationery	(134)	(197)
Advertising and marketing costs	(700)	(837)
Training seminars and workshops	(536)	-
Telecommunications	(730)	(689)
Website costs	(218)	(217)
Accountancy fees	(1,696)	(2,558)
Gym Management Fees	(62,921)	(59,719)
Waste Disposal Costs	(470)	(459)
Subscriptions and Licences	(3,190)	(2,904)
Staff Uniforms	(143)	(266)
Entertaining	(308)	-

...CONTINUED

Page 12

Page 13

Sturfit

Detailed Statement of Financial Activities (including Income and Expenditure Account) (continued)

For The Year Ended 31 March 2026

Other
Office Sundries	(944)	(838)
Depreciation of fixtures and fittings	(9,581)	(7,750)
Depreciation of computer equipment	(1,482)	(184)
Loss on disposal of tangible fixed assets	(2,621)	-
Credit card charges	(912)	(725)

	(114,417)	(106,157)

Small Equipment Replacement	(335)	(399)

	(335)	(399)


	(114,752)	(106,556)

NET INCOME	38,774	16,557

Page 13