PENNINE GYMNASTICS CIC

Company limited by guarantee

Company Registration Number:
12517993 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2026

Period of accounts

Start date: 1 April 2025

End date: 31 March 2026

PENNINE GYMNASTICS CIC

Contents of the Financial Statements

for the Period Ended 31 March 2026

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

PENNINE GYMNASTICS CIC

Balance sheet

As at 31 March 2026

Notes 2026 2025


£

£
Fixed assets
Tangible assets: 3 29,930 29,582
Total fixed assets: 29,930 29,582
Current assets
Cash at bank and in hand: 77,212 28,799
Total current assets: 77,212 28,799
Creditors: amounts falling due within one year: 4 ( 41,922 ) ( 38,941 )
Net current assets (liabilities): 35,290 (10,142)
Total assets less current liabilities: 65,220 19,440
Provision for liabilities: ( 5,625 )
Total net assets (liabilities): 59,595 19,440
Members' funds
Profit and loss account: 59,595 19,440
Total members' funds: 59,595 19,440

The notes form part of these financial statements

PENNINE GYMNASTICS CIC

Balance sheet statements

For the year ending 31 March 2026 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 22 July 2026
and signed on behalf of the board by:

Name: Greg Johnston
Status: Director

The notes form part of these financial statements

PENNINE GYMNASTICS CIC

Notes to the Financial Statements

for the Period Ended 31 March 2026

  • 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

    Revenue comprises sales of goods or services provided to customers net of value added tax and other sales taxes, less an appropriate deduction for actual and expected returns and discounts. Revenue is recognised when performance obligations are satisfied and the control of goods or services is transferred to the buyer. Where the performance obligation is satisfied over time, revenue is recognised in accordance with its progress towards complete satisfaction of that performance obligation. When cash inflows are deferred and represent a financing arrangement, the promised consideration is adjusted for the effects of the time value of money, which is recognised as interest income.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases: Leasehold improvements 7 years straight line Fixtures and fittings 25% reducing balance Computers 25% reducing balance

PENNINE GYMNASTICS CIC

Notes to the Financial Statements

for the Period Ended 31 March 2026

  • 2. Employees

    2026 2025
    Average number of employees during the period 52 43

PENNINE GYMNASTICS CIC

Notes to the Financial Statements

for the Period Ended 31 March 2026

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2025 23,715 11,153 34,868
Additions 4,792 3,469 8,261
Disposals ( 4,389 ) ( 4,389 )
Revaluations
Transfers
At 31 March 2026 28,507 10,233 38,740
Depreciation
At 1 April 2025 1,539 3,747 5,286
Charge for year 3,728 4,185 7,913
On disposals ( 4,389 ) ( 4,389 )
Other adjustments
At 31 March 2026 5,267 3,543 8,810
Net book value
At 31 March 2026 23,240 6,690 29,930
At 31 March 2025 22,176 7,406 29,582

PENNINE GYMNASTICS CIC

Notes to the Financial Statements

for the Period Ended 31 March 2026

4. Creditors: amounts falling due within one year note

2026 2025
£ £
Taxation and social security 6,662 8,322
Other creditors 35,260 30,619
Total 41,922 38,941

COMMUNITY INTEREST ANNUAL REPORT

PENNINE GYMNASTICS CIC

Company Number: 12517993 (England and Wales)

Year Ending: 31 March 2026

Company activities and impact

Club Ethos and Goals At Pennine Gymnastics Club, we believe in creating a community where every participant, regardless of age or skill level, can experience participating in gymnastics. Our ethos revolves around fostering an environment where fun and enjoyment are not just encouraged but celebrated. We firmly believe that a positive and uplifting atmosphere enhances the learning experience and contributes to the overall well being of our members. We proudly stand apart from the traditional approach to teaching gymnastics and do not intensively train kids to compete at a competitive level. At Pennine Gymnastics, our philosophy is built around fun, positivity, and encouragement. We believe that celebrating effort and progress no matter how big or small is key to helping each child grow in confidence and reach their personal goals. By creating a supportive and enjoyable environment, we aim to inspire every gymnast to not only develop their skills, but to build a lifelong love of being active and participating in sport. At Pennine Gymnastics, we are proud to be a vital part of the Huddersfield community and surrounding areas, delivering high-quality, participant centred gymnastics classes to over 1,800 children and young adults every week. Our inclusive programmes are open to people of all ages and abilities, creating a positive, nurturing environment where everyone is encouraged to grow, achieve, and feel empowered. With a dedicated team of passionate and professional coaches, we focus on building confidence, celebrating progress, and helping each individual reach their full potential through praise, encouragement, and expert guidance. As a Community Interest Company (CIC), our mission goes beyond sport we are committed to widening access to gymnastics and promoting health, fitness, and wellbeing across our local area. We actively work to break down barriers by providing opportunities for those who may not typically have access to structured physical activity, including families on low incomes and individuals from underrepresented groups. In particular, we are proud to engage young people who don’t traditionally participate in gymnastics such as teenage boys and currently have one of the highest male participation rates for ages 8 to 15 of any gymnastics club in Yorkshire. Growth The opening of our new facility last year has marked a significant milestone in the club's development, enabling us to expand both our programmes and our impact within the local community. Since then, we have focused heavily on building a sustainable coaching workforce by investing in the recruitment, training and development of young people through our Youth Leader and Trainee Coach pathways. This investment has resulted in 15 newly qualified coaches joining our team, significantly increasing our capacity to deliver high-quality gymnastics sessions. As a result, we are now able to accommodate many more children and young people, providing greater access to affordable, professionally coached gymnastics opportunities. This growth has also allowed us to achieve one of our long-term strategic goals: removing the need for a waiting list by creating sufficient capacity to meet community demand. Families can now access sessions more quickly, ensuring more children can enjoy the physical, social and wellbeing benefits of regular participation in gymnastics. Our continued investment in facilities and people is helping us make the sport more accessible while creating valuable volunteering, training and employment opportunities for local young people. Our new facility now offers a much-improved environment, purpose built for gymnastics. It features ample safe parking and full wheelchair accessibility, ensuring a more inclusive and welcoming space for all members of our community. Access for All Scheme Over the past few years, our club has proudly delivered a successful initiative aimed at supporting families during the ongoing cost-of-living crisis. Recognising the financial challenges faced by many in our community, we introduced a scheme to help reduce the cost of gymnastics for low-income households ensuring the sport remains accessible to all. Due to the overwhelmingly positive response and measurable impact of the scheme, we are excited to relaunch it again this year. In partnership with the Kirklees Passport Discount Scheme, we will continue to offer a 15 percent discount on class fees and holiday camps to Kirklees residents who receive, or are directly dependent on someone who receives, one or more of the following: Housing Benefit Council Tax Reduction (not single person discount) Universal Credit Job Seekers Allowance (income based) Guaranteed Pension Credit (not savings credit) Income Support Employment and Support Allowance (income related) Tax credit with tax credit NHS exemption We have also extended this to the access passport, this includes Job Seekers Allowance (contribution based) National Insurance Credits Carer's Allowance Incapacity Benefit Employment and Support Allowance (contribution based) Disability Living Allowance Personal Independence Payment Severe Disablement Allowance Attendance Allowance Industrial Injuries Benefit War Pensioner's Disablement Benefit Registered Disabled or deaf or blind or partially sighted Blue Badge Holder Registered Wheelchair User Full time Student aged 16 or over Working Tax Credit Asylum Seeker Outreach in schools Throughout the year, our coaching team has strengthened our links with local schools by delivering free assemblies designed to inspire children to become more active, enjoy sport, and develop healthy lifestyle habits. These assemblies introduce pupils to the physical, social and mental wellbeing benefits of regular exercise while encouraging them to build confidence, resilience and lifelong healthy habits. In addition, our coaches have delivered gymnastics sessions within schools, giving children the opportunity to experience the sport in a familiar environment, many for the very first time. We were also proud to host the annual Key Stage 2 Schools Gymnastics Competition. This year, we completely redesigned the event to make it more inclusive, ensuring that children of all abilities had the opportunity to take part and enjoy the experience of representing their school. The competition welcomed 90 pupils from primary schools across Kirklees. As part of our commitment to supporting school sport and increasing access to gymnastics, Pennine Gymnastics Club planned, organised, staffed and delivered the entire event free of charge. This removed any financial barriers for participating schools, pupils and the Pennine Sports Partnership, our delivery partner for the event. By investing our time, facilities and expertise, we have helped create more opportunities for young people to participate in physical activity, celebrate achievement, and build confidence through sport, while strengthening partnerships that benefit the wider community. Additional Needs Our additional needs sessions continue to grow and thrive, now taking place in our new, fully accessible facility. With features designed to accommodate individuals with disabilities and wheelchair users, we’re now able to welcome a wider range of participants with additional needs ensuring more members of our community can enjoy and benefit from gymnastics in a safe, supportive environment. These sessions are delivered at a financial loss to the club, as many participants require specialist one-to-one support that cannot be effectively provided in larger, busier, and more financially sustainable classes. However, we firmly believe these sessions are worth the investment. As the only gymnastics club within a 25 mile radius offering dedicated sessions for individuals with additional needs, we recognise the unique value they bring to the local community and we remain committed to providing this vital opportunity for inclusive physical activity and personal development. Staff Training At Pennine Gymnastics CIC, we take pride in nurturing talent and creating meaningful opportunities for young people to develop professionally within the sport. This year, we have redefined our staff training programme, placing a strong emphasis on investing in the next generation of coaches. As part of this initiative, we offer 16 year old members the chance to gain hands on coaching experience and achieve their British Gymnastics Level 1 coaching qualification fully funded by the club. As a result, we have successfully trained and qualified 15 new coaches this year, with many more set to begin their coaching journey in the coming months. Our structured approach to training ensures that every member of staff is equipped with nationally recognised qualifications through British Gymnastics and UK Sport. Pennine Gymnastics CIC currently employs 10 full time and 45 part time staff members, all professionally trained by the club and nationally certified. To support long-term growth and continuity, we run a year round coach development programme that not only strengthens our existing team but also helps to replace those who move on to higher education each year. In addition, our Youth Leadership Programme is a vital part of our community impact. It supports around 25 young volunteers annually, guiding them through structured training pathways to gain experience, confidence and qualifications. This programme is particularly valuable in Huddersfield, where 25.4 percent of adults have no formal qualifications (UK Census 2011), underlining the importance of the club’s role in providing accessible pathways to education, employment, and life skills for local young people. Participants As of 2025, Pennine Gymnastics CIC proudly supports over 1,800 regular weekly participants across two dedicated facilities, all drawn from our local community. We offer a wide range of gymnastics disciplines tailored to children and teenagers of all ages and abilities, ensuring that everyone has the chance to engage in high quality, structured physical activity. In addition to our weekly classes, we run popular holiday clubs throughout school breaks open to both members and non-members which provide opportunities for over 400 additional children annually. These sessions offer a safe, active, and engaging environment for children during the holidays, supporting local working families and promoting healthy lifestyles. Our commitment to progression and aspiration is evident in our gymnastics display team, which gives members the chance to represent Yorkshire at regional and national events. Recently, the team has proudly performed in cities such as Leeds, Blackpool, and Liverpool, helping to raise the profile of community gymnastics while giving participants invaluable experiences beyond their local area. This year, our Display Team, comprising 24 gymnasts and four coaches, will proudly represent both our club and the local community at the World Gymnaestrada in Portugal 2027. Recognising the significant cost of participating in an international event, the club has committed to covering all staff travel, accommodation and expenses. This reduces the financial burden on our gymnasts and their families, making the opportunity more accessible and ensuring that cost is not a barrier to participation. Supporting the team in this way enables more young people to experience an internationally recognised gymnastics festival, develop confidence, build lifelong friendships, and act as ambassadors for our club and the wider community on the world stage. This year, we have also launched a new advanced section aimed at nurturing talented young gymnasts who show potential to train at a regional level. This new pathway helps ambitious athletes reach new heights, while also fostering dedication, discipline, and personal growth. Through all of these initiatives, Pennine Gymnastics CIC plays a vital role in promoting physical activity, mental wellbeing, and social inclusion. By offering accessible, high-quality programmes to hundreds of local children each week, we are helping to build a healthier, more connected, and more confident community.

Consultation with stakeholders

The company stakeholders are the gymnasts and their parents who take part in our classes. At Pennine Gymnastics CIC, we place a strong emphasis on open communication and building positive relationships between coaches, gymnasts, and parents. Coaches are encouraged to engage with both gymnasts and parents regularly, and time is specifically built into every coach’s timetable before and after sessions to allow for these valuable interactions. Weekly staff meetings are used to share updates, feedback, and concerns, ensuring that all team members are informed and aligned. We actively encourage parents to speak with coaches at any time and support them in arranging regular discussions regarding their child’s progress. For more sensitive matters, parents and members are also invited to speak with our trained welfare officers, who are available to provide guidance and support. To maintain strong communication with our community, the club utilises a range of platforms including questionnaires, phone, email, our website, and social media channels such as Facebook and Instagram. Our online membership system, LoveAdmin.com, allows us to communicate effectively with specific groups within the club providing targeted updates, promoting opportunities, and highlighting key information relevant to each class or gymnastics discipline. All new members receive a comprehensive club handbook upon joining, which is updated and redistributed annually. This includes a parent questionnaire designed to capture insights into each child’s motivations and goals for participating in gymnastics. These responses have helped us build a detailed understanding of our local community’s needs and preferences, enabling us to tailor our programmes accordingly. This year's member survey highlighted significant frustration with our waiting list system, reinforcing the need to increase capacity and improve access to our programmes. In response, we made a substantial investment in recruiting and training additional coaches and expanding the number of sessions we deliver. These actions have significantly increased our capacity and moved us closer to our long term goal of ensuring that everyone who wants to participate can do so without lengthy delays. The survey also identified our Additional Needs programme as having the longest waiting list, demonstrating the growing demand for inclusive sporting opportunities within our community. To address this, we have begun training more coaches in additional needs gymnastics, with plans to expand the programme next year. This investment will enable more children and young people with additional needs to access high-quality physical activity, build confidence, develop social connections, and benefit from an inclusive environment where they can thrive. Following the tragic events at a dance school in Southport, many of our members expressed concerns about security and asked whether we could operate as a fully secure, locked down facility. After careful planning and consultation, we invested in significant improvements, including the installation of secure access doors and additional toilet facilities within the gym itself. These changes have enabled us to operate as a secure facility, providing greater peace of mind for families while maintaining a safe and welcoming environment for everyone who attends. While these improvements have been extremely well received, they have also created an unforeseen challenge. With external doors remaining closed throughout sessions, the gym experiences much higher temperatures during the summer and increased humidity throughout the winter. During this year's hot weather, internal temperatures reached levels where, in the interests of safety, we had no option but to cancel several sessions. We received considerable feedback from families who were understandably disappointed by the disruption and keen to see a long-term solution. In response, we have been exploring the installation of a commercial Mechanical Ventilation with Heat Recovery (MVHR) system. Although this represents a significant financial investment for the club, we believe it is essential to maintaining a safe, comfortable and high-quality environment for our members all year round. An MVHR system would improve air quality, regulate temperature and humidity, reduce the risk of heat-related session cancellations, and create a more enjoyable environment for participants, coaches and spectators alike. Investing in this infrastructure will help ensure the club can continue to meet the needs of our growing community while providing the high standard of facilities our members expect.

Directors' remuneration

The overall total amount of remuneration paid to or receivable by directors in respect of qualifying services was £57,500. For their full-time employment as “business director and head of coaching and coach development”

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
27 July 2026

And signed on behalf of the board by:
Name: Greg Johnston
Status: Director