Companies House 09359207 2025-07-31 2025-07-31 2024-08-01 false iso4217:GBP xbrli:pure 09359207 2023-08-01 2024-07-31 09359207 2025-07-31 09359207 2024-08-01 2025-07-31 09359207 2024-07-31 09359207 curr:PoundSterling 2024-08-01 2025-07-31 09359207 uk-bus:CompanyLimitedByGuarantee 2024-08-01 2025-07-31 09359207 uk-bus:FRS102 2024-08-01 2025-07-31 09359207 uk-bus:AuditExempt-NoAccountantsReport 2024-08-01 2025-07-31 09359207 uk-bus:FullAccounts 2024-08-01 2025-07-31 09359207 uk-bus:RegisteredOffice 2024-08-01 2025-07-31 09359207 uk-bus:Director1 2024-08-01 2025-07-31 09359207 uk-bus:Director2 2024-08-01 2025-07-31 09359207 uk-bus:Director3 2024-08-01 2025-07-31 09359207 uk-bus:Director4 2024-08-01 2025-07-31 09359207 uk-bus:Director5 2024-08-01 2025-07-31 09359207 uk-bus:Director6 2024-08-01 2025-07-31 09359207 uk-bus:Director7 2024-08-01 2025-07-31 09359207 uk-bus:Director8 2024-08-01 2025-07-31 09359207 uk-bus:Director9 2024-08-01 2025-07-31 09359207 uk-bus:Director10 2024-08-01 2025-07-31 09359207 uk-bus:Director11 2024-08-01 2025-07-31 09359207 uk-bus:Director12 2024-08-01 2025-07-31 09359207 uk-bus:Director13 2024-08-01 2025-07-31 09359207 uk-bus:Director14 2024-08-01 2025-07-31 09359207 uk-bus:Director15 2024-08-01 2025-07-31 09359207 uk-bus:Director16 2024-08-01 2025-07-31 09359207 uk-bus:Director17 2024-08-01 2025-07-31 09359207 uk-bus:Director18 2024-08-01 2025-07-31 09359207 uk-bus:Director19 2024-08-01 2025-07-31 09359207 uk-bus:Director20 2024-08-01 2025-07-31 09359207 uk-bus:Director21 2024-08-01 2025-07-31 09359207 uk-bus:CompanySecretary1 2024-08-01 2025-07-31 09359207 core:AfterOneYear 2025-07-31 09359207 core:AfterOneYear 2024-07-31 09359207 core:WithinOneYear 2025-07-31 09359207 core:WithinOneYear 2024-07-31 09359207 core:WithinOneYear 2024-08-01 2025-07-31 09359207 core:AfterOneYear 2025-07-31 09359207 core:AfterOneYear 2024-07-31 09359207 core:AfterOneYear 2024-08-01 2025-07-31 09359207 core:ShareCapital 2025-07-31 09359207 core:ShareCapital 2024-07-31 09359207 core:SharePremium 2025-07-31 09359207 core:SharePremium 2024-07-31 09359207 core:OtherReservesSubtotal 2025-07-31 09359207 core:OtherReservesSubtotal 2024-07-31 09359207 core:RevaluationReserve 2025-07-31 09359207 core:RevaluationReserve 2024-07-31 09359207 core:RetainedEarningsAccumulatedLosses 2025-07-31 09359207 core:RetainedEarningsAccumulatedLosses 2024-07-31 09359207 1 2024-08-01 2025-07-31 09359207 2 2024-08-01 2025-07-31 09359207 3 2024-08-01 2025-07-31 09359207 core:LandBuildings 2024-08-01 2025-07-31 09359207 core:LandBuildings 2025-07-31 09359207 core:LandBuildings 2023-08-01 2024-07-31 09359207 core:LandBuildings 2024-07-31 09359207 core:PlantMachinery 2024-08-01 2025-07-31 09359207 core:PlantMachinery 2025-07-31 09359207 core:PlantMachinery 2023-08-01 2024-07-31 09359207 core:PlantMachinery 2024-07-31 09359207 core:FurnitureFittingsToolsEquipment 2024-08-01 2025-07-31 09359207 core:FurnitureFittingsToolsEquipment 2025-07-31 09359207 core:FurnitureFittingsToolsEquipment 2023-08-01 2024-07-31 09359207 core:FurnitureFittingsToolsEquipment 2024-07-31 09359207 core:OfficeEquipment 2024-08-01 2025-07-31 09359207 core:OfficeEquipment 2025-07-31 09359207 core:OfficeEquipment 2023-08-01 2024-07-31 09359207 core:OfficeEquipment 2024-07-31 09359207 core:Vehicles 2024-08-01 2025-07-31 09359207 core:Vehicles 2025-07-31 09359207 core:Vehicles 2023-08-01 2024-07-31 09359207 core:Vehicles 2024-07-31 09359207 core:NetGoodwill 2024-08-01 2025-07-31 09359207 core:NetGoodwill 2025-07-31 09359207 core:NetGoodwill 2023-08-01 2024-07-31 09359207 core:NetGoodwill 2024-07-31 09359207 core:IntangibleAssetsOtherThanGoodwill 2024-08-01 2025-07-31 09359207 core:IntangibleAssetsOtherThanGoodwill 2025-07-31 09359207 core:IntangibleAssetsOtherThanGoodwill 2023-08-01 2024-07-31 09359207 core:IntangibleAssetsOtherThanGoodwill 2024-07-31 09359207 uk-bus:Director1 1 2024-08-01 2025-07-31 09359207 uk-bus:Director1 1 2024-07-31 09359207 uk-bus:Director1 1 2025-07-31

# PENRYN GYMNASTICS CENTRE C.I.C.

## Company limited by guarantee

## Company Registration Number:
09359207 (England and Wales)

## Unaudited statutory accounts for the year ended 31 July 2025

## Period of accounts

## Start date: 1 August 2024

## End date: 31 July 2025

# PENRYN GYMNASTICS CENTRE C.I.C.

## Contents of the Financial Statements

for the Period Ended 31 July 2025

Directors report |
Balance sheet |
Additional notes |
Balance sheet notes |
Community Interest Report |

# PENRYN GYMNASTICS CENTRE C.I.C.

Directors' report period ended 31 July 2025

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

Principal activities of the company

RUNNING A GYMNASTIC CLUB

Directors

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

Jill Punter
Adrian Punter
Charlotte Punter

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

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

And signed on behalf of the board by:
Name: Jill Punter
Status: Director

# PENRYN GYMNASTICS CENTRE C.I.C.

## Balance sheet

As at 31 July 2025

| Notes | 2025 | 2024
--- | --- | --- | ---
|  | £ | £
Fixed assets
Intangible assets: |  |  | 0
Tangible assets: | 3 | 45,418 | 48,246
Investments: |  |  | 0
Total fixed assets: |  | 45,418 | 48,246
Current assets
Stocks: | 4 | 3,385 | 3,356
Debtors: | 5 | 19,706 | 23,667
Cash at bank and in hand: |  | 26,100 | 11,682
Total current assets: |  | 49,191 | 38,705
Creditors: amounts falling due within one year: | 6 | ( 30,304 ) | ( 23,473 )
Net current assets (liabilities): |  | 18,887 | 15,232
Total assets less current liabilities: |  | 64,305 | 63,478
Creditors: amounts falling due after more than one year: | 7 | 0 | ( 8,436 )
Total net assets (liabilities): |  | 64,305 | 55,042
Members' funds
Profit and loss account: |  | 64,305 | 55,042
Total members' funds: |  | 64,305 | 55,042

The notes form part of these financial statements

# PENRYN GYMNASTICS CENTRE C.I.C.

## Balance sheet statements

For the year ending 31 July 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

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

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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 20 May 2026
and signed on behalf of the board by:

Name: Jill Punter
Status: Director

The notes form part of these financial statements

# PENRYN GYMNASTICS CENTRE C.I.C.

## Notes to the Financial Statements

for the Period Ended 31 July 2025

- ## 1. Accounting policies

  Basis of measurement and preparation

  These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

  Turnover policy

  INCOME IS INCLUDED IN THE FINANCIAL STATEMENTS AS IT BECOMES RECEIVABLE OR DUE.

  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: Fixtures and fittings 10% per annum on a reducing balance basis Computers 50% per annum on a straight-line basis

  Other accounting policies

  Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition. Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method. The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets. The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received. Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits. Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due. Government grants are recognised at the fair value of the asset received or receivable when there is reasonable assurance that the grant conditions will be met and the grants will be received. A grant that specifies performance conditions is recognised in income when the performance conditions are met. Where a grant does not specify performance conditions it is recognised in income when the proceeds are received or receivable. A grant received before the recognition criteria are satisfied is recognised as a liability. Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

# PENRYN GYMNASTICS CENTRE C.I.C.

## Notes to the Financial Statements

for the Period Ended 31 July 2025

- ## 2. Employees

  | 2025 | 2024
  --- | --- | ---
  Average number of employees during the period | 43 | 29

# PENRYN GYMNASTICS CENTRE C.I.C.

## Notes to the Financial Statements

for the Period Ended 31 July 2025

## 3. Tangible assets

| Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total
--- | --- | --- | --- | --- | --- | ---
Cost | £ | £ | £ | £ | £ | £
At 1 August 2024 |  | 97,864 |  |  |  | 97,864
Additions |  | 4,566 |  |  |  | 4,566
Disposals |  |  |  |  |  |
Revaluations |  |  |  |  |  |
Transfers |  |  |  |  |  |
At 31 July 2025 |  | 102,430 |  |  |  | 102,430
Depreciation |  |  |  |  |  |
At 1 August 2024 |  | 49,618 |  |  |  | 49,618
Charge for year |  | 7,394 |  |  |  | 7,394
On disposals |  |  |  |  |  |
Other adjustments |  |  |  |  |  |
At 31 July 2025 |  | 57,012 |  |  |  | 57,012
Net book value |  |  |  |  |  |
At 31 July 2025 |  | 45,418 |  |  |  | 45,418
At 31 July 2024 |  | 48,246 |  |  |  | 48,246

# PENRYN GYMNASTICS CENTRE C.I.C.

## Notes to the Financial Statements

for the Period Ended 31 July 2025

## 4. Stocks

| 2025 | 2024
--- | --- | ---
| £ | £
Stocks | 3,385 | 3,356
Total | 3,385 | 3,356

# PENRYN GYMNASTICS CENTRE C.I.C.

## Notes to the Financial Statements

for the Period Ended 31 July 2025

## 5. Debtors

| 2025 | 2024
--- | --- | ---
| £ | £
Trade debtors | 12,627 | 11,939
Prepayments and accrued income | 4,405 | 3,396
Other debtors | 2,674 | 8,332
Total | 19,706 | 23,667

# PENRYN GYMNASTICS CENTRE C.I.C.

## Notes to the Financial Statements

for the Period Ended 31 July 2025

## 6. Creditors: amounts falling due within one year note

| 2025 | 2024
--- | --- | ---
| £ | £
Bank loans and overdrafts | 8,457 | 10,441
Trade creditors | 5,649 | 2,199
Taxation and social security | 10,571 | 4,699
Accruals and deferred income | 3,877 | 5,884
Other creditors | 1,750 | 250
Total | 30,304 | 23,473

# PENRYN GYMNASTICS CENTRE C.I.C.

## Notes to the Financial Statements

for the Period Ended 31 July 2025

## 7. Creditors: amounts falling due after more than one year note

| 2025 | 2024
--- | --- | ---
| £ | £
Bank loans and overdrafts | 0 | 8,436
Total | 0 | 8,436

# PENRYN GYMNASTICS CENTRE C.I.C.

## Notes to the Financial Statements

for the Period Ended 31 July 2025

## 8. Loans to directors

Name of director receiving advance or credit: | Jill Punter
Description of the transaction:
Loaned during the year
| £
--- | ---
Balance at 31 July 2024 | 8,332
Advances or credits made: | 19,470
Advances or credits repaid: | 25,128
Balance at 31 July 2025 | 2,674

# COMMUNITY INTEREST ANNUAL REPORT

### PENRYN GYMNASTICS CENTRE C.I.C.

### Company Number: 09359207 (England and Wales)

### Year Ending: 31 July 2025

Company activities and impact

THE COMPANY’S PRINCIPAL ACTIVITY DURING THE PERIOD WAS THAT OF A GYM-NASTICS CLUB. BENEFIT WAS PROVIDED TO THE COMMUNITY THROUGH THE PROVISION OF GYMNASTICS FACILITIES AND TRAINING.

Consultation with stakeholders

THE COMPANY’S STAKEHOLDERS ARE THE DIRECTORS, THE NATWEST BANK, IT’S MEMBERS AND THE GENERAL PUBLIC. THE COMPANY REGULARLY CONSULTS WITH ITS DIRECTORS AND MEMBERS REGARDING ITS ONGOING ACTIVITIES AND CAPITAL EXPENDITURE.

Directors' remuneration

THERE WERE NO OTHER TRANSACTIONS OR ARRANGEMENTS IN CONNECTION WITH THE REMUNERATION OF DIRECTORS, OR COMPENSATION FOR DIRECTORS LOSS OF OFFICE, WHICH REQUIRE TO BE DISCLOSED.

Transfer of assets

No transfer of assets other than for full consideration

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

And signed on behalf of the board by:
Name: Jill Punter
Status: Director