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REPORT OF THE TRUSTEES AND |
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FINANCIAL STATEMENTS |
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FOR THE YEAR ENDED 31ST AUGUST 2021 |
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THE GOOD GYM |
REGISTERED COMPANY NUMBER:
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REGISTERED CHARITY NUMBER:
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REPORT OF THE TRUSTEES AND |
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FINANCIAL STATEMENTS |
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FOR THE YEAR ENDED 31ST AUGUST 2021 |
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THE GOOD GYM |
THE GOOD GYM |
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CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31ST AUGUST 2021 |
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Page |
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Report of the Trustees | 1 | to | 4 |
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Report of the Independent Auditor | 5 | to | 7 |
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Statement of Financial Activities | 8 |
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Balance Sheet | 9 |
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Cash Flow Statement | 10 |
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Notes to the Cash Flow Statement | 11 |
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Notes to the Financial Statements | 12 | to | 18 |
THE GOOD GYM (REGISTERED NUMBER: 06995775) |
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REPORT OF THE TRUSTEES |
FOR THE YEAR ENDED 31ST AUGUST 2021 |
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The Trustees are pleased to present GoodGym's annual report and accounts for the period 1st of Sept 2020 - 31 August 2021. |
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At the start of this period, GoodGym was active in 58 areas, by 31st of August 2021 GoodGym was active in 59 areas. The new area launched in this time was Luton, which launched in August 2021. |
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At the start of the period GoodGym had 17,627 members and 106,146 signups. This grew to 18,860 members by 31 August 2021, with over 113,080 signups. |
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In this period GoodGymers carried out 8,480 group sessions and supported 4,065 older people, completing 41,371good deeds in total. |
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The Trustees confirm that the Annual Report and financial statements of the company comply with the Charity's trust deed, current statutory requirements, the requirements of the company's governing document and the provisions of the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102). |
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OBJECTIVES AND ACTIVITIES |
Objectives and aims |
GoodGym is a community of people who get fit by doing good. We provide social contact and practical help to older people, and practical volunteering support for community projects. |
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The Trustees confirm that GoodGym operates for the public benefit to promote good citizenship by offering opportunities to combine physical exercise with volunteering. |
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GoodGym's activities: |
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1. Group sessions: GoodGymers run, walk or cycle as a group or independently to work as a group to provide support to community organisations. We complete tasks such as clearing leaves in parks, sorting food for foodbanks or shifting earth in community gardens. |
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2. Coach runs: GoodGymers are matched with an isolated and/or lonely older person in their local area, where the GoodGymer stops in for a weekly social visit during their exercise. |
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3. Missions: GoodGymers carry out one-off practical tasks such as changing smoke alarm batteries, moving furniture or clearing a garden, for isolated and/or vulnerable older people. |
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STRATEGIC REPORT |
Financial position |
Our income in the period was £1,327,382 and expenditure was £988,554. At the end of the period we carried over £1,205,618 to the next financial year, including £567,841 of restricted funding. |
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Reserves policy |
The charity’s reserves should provide the organisation with adequate financial stability and the means for it to meet its social objectives for the foreseeable future. |
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We aim to maintain the organisation’s reserves and confirmed income at a level which is at least equivalent to six months operational expenditure. Should reserves and confirmed income drop below this amount the trustees are informed immediately. |
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The CEO , business operations manager and the Trustees review the amount of reserves that are required to ensure that they are adequate to fulfil the charity’s continuing obligations every two months at Trustees meetings. Our CEO and business operations manager review the cashflow on a fortnightly basis. |
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Going concern |
After making appropriate enquiries, the Trustees have a reasonable expectation to believe the company has adequate resources to continue in operational existence for the foreseeable future. For this reason they adopt the going concern basis in preparing the financial statements. |
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THE GOOD GYM (REGISTERED NUMBER: 06995775) |
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REPORT OF THE TRUSTEES |
FOR THE YEAR ENDED 31ST AUGUST 2021 |
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STRATEGIC REPORT |
Principal risks and uncertainties |
The Trustees have considered the major risks to which the charity is exposed, and have reviewed those risks and established systems and procedures to manage them. |
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Major risks can be identified as: |
- Operational |
- Financial |
- Human resources |
- Reputational |
- Governance |
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Appropriate action to mitigate each type of risk is considered on an ongoing basis by the Board of Trustees and the senior management of the organisation. |
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As stated above, our income in the period was £1,327,382 and expenditure was £988,554. At the end of the period we carried over £1,205,618 to the next financial year, including £567,841 of restricted funding. |
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The specific risks we have been managing this period are the operational risks of our group runs and work with older people. |
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Operational risks: |
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During this period we continued to manage risks related to Covid-19 and changing levels of risk. We responded to the needs of the communities in which we operate and the associated risks. |
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The nature of our work with older people continued to require specific precautionary measures. The following measures were in place during this period: |
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Face-to-face social visits for older people were transferred to telephone calls where possible to mitigate potential spreading of the virus. |
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For GoodGym tasks for older people (missions) we restricted tasks listed to those essential tasks for living safely at home in response to the pandemic. Training was updated and all runners were instructed to wear PPE and maintain social distancing. Numbers were kept to a minimum for missions in which the older person was present. |
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We maintained a £20 limit to reduce risk of financial abuse. |
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To reduce risk of harm to runners, coaches can only be referred when a referrer can verify the older person's environment and behaviour pose no risks to a runner. |
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To manage risk of harm to older people and to ensure GoodGymers have the necessary knowledge and skills to volunteer with older people, all GoodGymers working with older people must undertake: |
-A DBS check. |
-Online training which includes modules on adult safeguarding and boundaries |
-Verification from a GoodGym representative. |
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Group session risks: |
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Group runs were gradually re-introduced towards the end of this period. Group sessions primarily had a focus on the support of essential services such as the NHS and food distribution organisations to balance the risk of spreading the virus against the positive impact we might make. |
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Training and guidance was updated in accordance with government guidelines throughout this period. |
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During this time we have continued to: |
-Monitor the digital accident book on a daily basis (week days only). |
- Update the group run risk assessment. |
THE GOOD GYM (REGISTERED NUMBER: 06995775) |
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REPORT OF THE TRUSTEES |
FOR THE YEAR ENDED 31ST AUGUST 2021 |
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STRATEGIC REPORT |
- Providing opportunities for trainers to identify potential risks at regular catch-ups. |
- Continuing to provide runners with as much information as possible to prevent risks including on run listing and improvements to our training. |
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STRUCTURE, GOVERNANCE AND MANAGEMENT |
Constitution |
The Good Gym (operating as GoodGym) was incorporated on 20/08/2009 as a Company limited by Guarantee, number 06995775 and as of 19 March 2015 registered with the Charity Commission of England and Wales under number 1160988. The Good Gym acts according to its Memorandum and Articles of Association. |
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This is the sixth report made by the Trustees, covering the period 1st of Sept 2020 - 31 August 2021. |
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Method of appointment or election of Trustees |
The management of the company is the responsibility of the Trustees who are elected and co-opted under the terms of the deed |
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Organisational structure and decision making |
The Trustees have control of the Charity and its property and funds. They met every two months during this period. The Trustees attend GoodGym events and meetings and provide ongoing support to the CEO and other staff. All Trustees give of their time freely and no Trustee received remuneration in the period. During this period Stephen Greene resigned as a trustee on 19th November 2020. On the 25th September 2020 Abadesi Osunsade, Ruth Forbes and Tamara Green were appointed as trustees. |
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Ivo Gormley is appointed Chief Executive Officer. |
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Each GoodGym area has a part-time area activator working on a freelance basis, and GoodGym has an administrative team which supports the area activators and members. |
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During this period the GoodGym administrative team was made up of 12 full-time staff and approximately 53 part-time staff. |
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REFERENCE AND ADMINISTRATIVE DETAILS |
Registered Company number |
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Registered office |
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Trustees |
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Company Secretary |
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THE GOOD GYM (REGISTERED NUMBER: 06995775) |
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REPORT OF THE TRUSTEES |
FOR THE YEAR ENDED 31ST AUGUST 2021 |
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REFERENCE AND ADMINISTRATIVE DETAILS |
Auditor |
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Chartered Accountants |
15a Station Road |
Epping |
Essex |
CM16 4HG |
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Bankers |
Natwest Bank Plc |
403 Bethnal Green Road |
London |
E2 0AF |
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STATEMENT OF TRUSTEES' RESPONSIBILITIES |
The trustees (who are also the directors of The Good Gym for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). |
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Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to |
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- | select suitable accounting policies and then apply them consistently; |
- | observe the methods and principles in the Charity SORP; |
- | make judgements and estimates that are reasonable and prudent; |
- | state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; |
- | prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business. |
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The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. |
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In so far as the trustees are aware: |
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- | there is no relevant audit information of which the charitable company's auditor is unaware; and |
- | the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the auditor is aware of that information. |
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AUDITOR |
The auditors, Cobbin Floyd Ltd, will be proposed for re-appointment at the forthcoming Annual General Meeting. |
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Report of the trustees, incorporating a strategic report, approved by order of the board of trustees, as the company
directors, on
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REPORT OF THE INDEPENDENT AUDITOR TO THE MEMBERS OF |
THE GOOD GYM |
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Opinion |
We have audited the financial statements of The Good Gym (the 'charitable company') for the year ended 31st August 2021 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). |
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In our opinion the financial statements: |
- | give a true and fair view of the state of the charitable company's affairs as at 31st August 2021 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended; |
- | have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and |
- | have been prepared in accordance with the requirements of the Companies Act 2006. |
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Basis for opinion |
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. |
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Conclusions relating to going concern |
In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. |
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Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. |
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Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report. |
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Other information |
The trustees are responsible for the other information. The other information comprises the information included in the Annual Report, other than the financial statements and our Report of the Independent Auditor thereon. |
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Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. |
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In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard. |
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Opinions on other matters prescribed by the Companies Act 2006 |
In our opinion, based on the work undertaken in the course of the audit: |
- | the information given in the Report of the Trustees for the financial year for which the financial statements are prepared is consistent with the financial statements; and |
- | the Report of the Trustees has been prepared in accordance with applicable legal requirements. |
REPORT OF THE INDEPENDENT AUDITOR TO THE MEMBERS OF |
THE GOOD GYM |
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Matters on which we are required to report by exception |
In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the Report of the Trustees. |
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We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion: |
- | adequate accounting records have not been kept or returns adequate for our audit have not been received from branches not visited by us; or |
- | the financial statements are not in agreement with the accounting records and returns; or |
- | certain disclosures of trustees' remuneration specified by law are not made; or |
- | we have not received all the information and explanations we require for our audit. |
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Responsibilities of trustees |
As explained more fully in the Statement of Trustees' Responsibilities, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. |
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In preparing the financial statements, the trustees are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so. |
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Our responsibilities for the audit of the financial statements |
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditor that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. |
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The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below: |
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To identify risks of material misstatement due to fraud we assessed events or conditions that could indicate an incentive or pressure to commit fraud or provide an opportunity to commit fraud. |
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Our risk assessment procedures included: |
- Discussions with management |
- Reading board minutes |
- Evaluation of management's controls designed to prevent and detect irregularities |
- Using analytical procedures to identify any unusual or unexpected transactions |
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We communicated the identified fraud risks with the audit team and remained alert to any indications of fraud throughout the audit. |
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As required by auditing standards, and taking into account our overall knowledge of the control environment, we performed procedures to address the risk of management override of controls, in particular the risk that management may be in a position to make inappropriate accounting entries. On this audit we do not believe that there is a fraud risk related to revenue recognition because there are no material judgements involved and all membership donations are set and agreed by the board of Trustees. |
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A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditor. |
REPORT OF THE INDEPENDENT AUDITOR TO THE MEMBERS OF |
THE GOOD GYM |
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Use of our report |
This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's members as a body, for our audit work, for this report, or for the opinions we have formed. |
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for and on behalf of
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15a Station Road |
Epping |
Essex |
CM16 4HG |
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THE GOOD GYM |
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STATEMENT OF FINANCIAL ACTIVITIES |
FOR THE YEAR ENDED 31ST AUGUST 2021 |
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2021 | 2020 |
Unrestricted | Restricted | Total | Total |
fund | funds | funds | funds |
Notes | £ | £ | £ | £ |
INCOME AND ENDOWMENTS FROM |
Donations and legacies | 2 |
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EXPENDITURE ON |
Charitable activities | 3 |
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NET INCOME/(EXPENDITURE) |
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Transfers between funds | 12 | (33,039 | ) | 33,039 | - | - |
Net movement in funds |
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RECONCILIATION OF FUNDS |
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Total funds brought forward |
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TOTAL FUNDS CARRIED FORWARD |
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866,790 |
THE GOOD GYM (REGISTERED NUMBER: 06995775) |
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BALANCE SHEET |
31ST AUGUST 2021 |
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2021 | 2020 |
Unrestricted | Restricted | Total | Total |
fund | funds | funds | funds |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 9 |
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CURRENT ASSETS |
Debtors | 10 |
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Cash at bank |
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CREDITORS |
Amounts falling due within one year | 11 |
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NET CURRENT ASSETS |
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TOTAL ASSETS LESS CURRENT
LIABILITIES |
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NET ASSETS |
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FUNDS | 12 |
Unrestricted funds |
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195,996 |
Restricted funds |
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670,794 |
TOTAL FUNDS |
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866,790 |
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The financial statements were approved by the Board of Trustees and authorised for issue on
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THE GOOD GYM |
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CASH FLOW STATEMENT |
FOR THE YEAR ENDED 31ST AUGUST 2021 |
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2021 | 2020 |
Notes | £ | £ |
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Cash flows from operating activities |
Cash generated from operations | 1 | 141,345 | 783,837 |
Net cash provided by operating activities | 141,345 | 783,837 |
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Cash flows from investing activities |
Purchase of tangible fixed assets | (1,203 | ) | (1,799 | ) |
Net cash used in investing activities | (1,203 | ) | (1,799 | ) |
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Change in cash and cash equivalents in
the reporting period |
140,142 |
782,038 |
Cash and cash equivalents at the
beginning of the reporting period |
895,816 |
113,778 |
Cash and cash equivalents at the end of
the reporting period |
1,035,958 |
895,816 |
THE GOOD GYM |
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NOTES TO THE CASH FLOW STATEMENT |
FOR THE YEAR ENDED 31ST AUGUST 2021 |
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1. | RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES |
2021 | 2020 |
£ | £ |
Net income for the reporting period (as per the Statement of Financial
Activities) |
338,828 |
788,505 |
Adjustments for: |
Depreciation charges | 2,375 | 1,975 |
Increase in debtors | (204,239 | ) | (19,700 | ) |
Increase in creditors | 4,381 | 13,057 |
Net cash provided by operations | 141,345 | 783,837 |
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2. | ANALYSIS OF CHANGES IN NET FUNDS |
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At 1.9.20 | Cash flow | At 31.8.21 |
£ | £ | £ |
Net cash |
Cash at bank | 895,816 | 140,142 | 1,035,958 |
895,816 | 140,142 | 1,035,958 |
Total | 895,816 | 140,142 | 1,035,958 |
THE GOOD GYM |
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NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31ST AUGUST 2021 |
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1. | ACCOUNTING POLICIES |
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Basis of preparing the financial statements |
The financial statements of the charitable company, which is a public benefit entity under FRS 102, 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 financial statements have been prepared under the historical cost convention. |
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Income |
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. |
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Expenditure |
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. |
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Tangible fixed assets |
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. |
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Taxation |
The charity is exempt from corporation tax on its charitable activities. |
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Fund accounting |
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. |
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Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. |
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Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. |
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Pension costs and other post-retirement benefits |
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. |
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2. | DONATIONS AND LEGACIES |
2021 | 2020 |
£ | £ |
Grants |
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Corporate partners |
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Branch contracts | 62,660 | 211,297 |
Government grants |
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Member donations | 318,119 | 372,044 |
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THE GOOD GYM |
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NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31ST AUGUST 2021 |
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2. | DONATIONS AND LEGACIES - continued |
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Grants received, included in the above, are as follows: |
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2021 | 2020 |
£ | £ |
Other grants | 860,052 | 1,119,959 |
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3. | CHARITABLE ACTIVITIES COSTS |
Support |
Direct | costs (see |
Costs | note 4) | Totals |
£ | £ | £ |
Charitable activities | 897,804 | 90,750 | 988,554 |
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4. | SUPPORT COSTS |
Information |
Management | Finance | technology |
£ | £ | £ |
Charitable activities | 43,374 | 1,383 | 3,016 |
Governance |
Depreciation | costs | Totals |
£ | £ | £ |
Charitable activities | 2,375 | 40,602 | 90,750 |
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5. | NET INCOME/(EXPENDITURE) |
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Net income/(expenditure) is stated after charging/(crediting): |
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2021 | 2020 |
£ | £ |
Auditor's remuneration | 3,500 | 2,570 |
Depreciation - owned assets |
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6. | TRUSTEES' REMUNERATION AND BENEFITS |
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There were no trustees' remuneration or other benefits for the year ended 31st August 2021 nor for the year ended 31st August 2020. |
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Trustees' expenses |
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There were no trustees' expenses paid for the year ended 31st August 2021 nor for the year ended 31st August 2020. |
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THE GOOD GYM |
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NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31ST AUGUST 2021 |
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7. | STAFF COSTS |
2021 | 2020 |
£ | £ |
Wages and salaries |
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Other pension costs |
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451,186 | 495,635 |
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The average monthly number of employees during the year was as follows: |
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2021 | 2020 |
Full time staff |
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8. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES |
Unrestricted | Restricted | Total |
fund | funds | funds |
£ | £ | £ |
INCOME AND ENDOWMENTS FROM |
Donations and legacies |
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EXPENDITURE ON |
Charitable activities |
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NET INCOME |
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RECONCILIATION OF FUNDS |
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Total funds brought forward | (146,590 | ) | 224,875 |
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TOTAL FUNDS CARRIED FORWARD | 195,996 | 670,794 | 866,790 |
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THE GOOD GYM |
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NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31ST AUGUST 2021 |
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9. | TANGIBLE FIXED ASSETS |
Computer |
equipment |
£ |
COST |
At 1st September 2020 |
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Additions |
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At 31st August 2021 |
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DEPRECIATION |
At 1st September 2020 |
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Charge for year |
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At 31st August 2021 |
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NET BOOK VALUE |
At 31st August 2021 |
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At 31st August 2020 |
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10. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2021 | 2020 |
£ | £ |
Other debtors |
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11. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2021 | 2020 |
£ | £ |
Social security and other taxes |
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VAT | 17,932 | 29,590 |
Other creditors |
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THE GOOD GYM |
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NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31ST AUGUST 2021 |
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12. | MOVEMENT IN FUNDS |
Net | Transfers |
movement | between | At |
At 1.9.20 | in funds | funds | 31.8.21 |
£ | £ | £ | £ |
Unrestricted funds |
General fund | 195,996 | 474,820 | (33,039 | ) | 637,777 |
|
Restricted funds |
Lottery Community Fund - Digital Fund | 30,829 | 6,741 | - | 37,570 |
Lottery Community Fund - Emergency
Funding |
127,768 |
(140,045 |
) |
12,277 |
- |
Lottery Community Fund - Building
Connections |
30,035 |
(208 |
) |
- |
29,827 |
Sport England - Core Market | 28,317 | 4,436 | - | 32,753 |
Sport England Sector Partner Fund | 24,226 | (44,478 | ) | 20,252 | - |
Big Lottery Fund | 419,619 | 23,637 | - | 443,256 |
Norfolk CF | 10,000 | - | - | 10,000 |
Rayne Foundation | - | (510 | ) | 510 | - |
Neighbourly Grant | - | 229 | - | 229 |
London marathon Charitable Trust | - | 14,206 | - | 14,206 |
|
(135,992 | ) |
|
|
TOTAL FUNDS |
|
338,828 |
|
1,205,618 |
|
Net movement in funds, included in the above are as follows: |
|
Incoming | Resources | Movement |
resources | expended | in funds |
£ | £ | £ |
Unrestricted funds |
General fund | 887,330 | (412,510 | ) | 474,820 |
|
Restricted funds |
Lottery Community Fund - Digital Fund | 156,070 | (149,329 | ) | 6,741 |
Lottery Community Fund - Emergency
Funding |
- |
(140,045 |
) |
(140,045 |
) |
Lottery Community Fund - Building
Connections |
20,182 |
(20,390 |
) |
(208 |
) |
Sport England - Core Market | 157,400 | (152,964 | ) | 4,436 |
Sport England Sector Partner Fund | - | (44,478 | ) | (44,478 | ) |
Big Lottery Fund | 44,000 | (20,363 | ) | 23,637 |
Rayne Foundation | 30,000 | (30,510 | ) | (510 | ) |
Neighbourly Grant | 400 | (171 | ) | 229 |
London marathon Charitable Trust | 32,000 | (17,794 | ) | 14,206 |
|
( |
) | (135,992 | ) |
TOTAL FUNDS |
|
( |
) | 338,828 |
|
THE GOOD GYM |
|
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31ST AUGUST 2021 |
|
12. | MOVEMENT IN FUNDS - continued |
|
Comparatives for movement in funds |
|
Net |
movement | At |
At 1.9.19 | in funds | 31.8.20 |
£ | £ | £ |
Unrestricted funds |
General fund | (146,590 | ) | 342,586 | 195,996 |
|
Restricted funds |
Lottery Community Fund - Digital Fund | - | 30,829 | 30,829 |
Lottery Community Fund - Emergency
Funding |
- |
127,768 |
127,768 |
Lottery Community Fund - Building
Connections |
25,305 |
4,730 |
30,035 |
Sport England - Core Market | (32,516 | ) | 60,833 | 28,317 |
Sport England Sector Partner Fund | - | 24,226 | 24,226 |
Big Lottery Fund | 222,086 | 197,533 | 419,619 |
Norfolk CF | 10,000 | - | 10,000 |
224,875 | 445,919 | 670,794 |
TOTAL FUNDS | 78,285 | 788,505 | 866,790 |
|
Comparative net movement in funds, included in the above are as follows: |
|
Incoming | Resources | Movement |
resources | expended | in funds |
£ | £ | £ |
Unrestricted funds |
General fund | 848,266 | (505,680 | ) | 342,586 |
|
Restricted funds |
Lottery Community Fund - Digital Fund | 142,500 | (111,671 | ) | 30,829 |
Lottery Community Fund - Emergency
Funding |
239,100 |
(111,332 |
) |
127,768 |
Lottery Community Fund - Building
Connections |
34,109 |
(29,379 |
) |
4,730 |
Sport England - Core Market | 149,870 | (89,037 | ) | 60,833 |
Sport England Sector Partner Fund | 100,000 | (75,774 | ) | 24,226 |
Big Lottery Fund | 198,499 | (966 | ) | 197,533 |
864,078 | (418,159 | ) | 445,919 |
TOTAL FUNDS | 1,712,344 | (923,839 | ) | 788,505 |
|
THE GOOD GYM |
|
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31ST AUGUST 2021 |
|
13. | RELATED PARTY DISCLOSURES |
|
|