Salto Gymnastics Charitable Foundation Limited in Luton, LU2 8DL

Description

Data updated on: 01-11-2023

Salto Gymnastics Charitable Foundation Limited 's been in the business for 21 years. Started with registration number 04794043 in 2003, the firm is located at 260 - 270 Butterfield, Luton LU2 8DL. This firm started under the business name The Salto Foundation, however for the last 3 years has operated under the business name Salto Gymnastics Charitable Foundation Limited. This business's registered with SIC code 85510: Sports and recreation education. The business latest financial reports cover the period up to 2022-12-31 and the latest annual confirmation statement was released on 2023-06-10.

The company was registered as a charity on 12th September 2003. It works under charity registration number 1099407. The range of the enterprise's activity is not defined. in practice luton and surrounding towns/villages. They operate in Hertfordshire, Bedford and Central Bedfordshire. As concerns the charity's finances, their most successful period was in 2013 when they earned 120,435 pounds and their expenditures were 51,831 pounds. Salto Gymnastics Charitable Foundation Ltd focuses on the problem of disability, the area of amateur sport and training and education. It works to support children or youth, people with disabilities, people with disabilities. It helps the above beneficiaries by acting as an umbrella or a resource body, providing human resources and providing specific services. If you wish to know something more about the firm's activities, call them on the following number 01582 495953 or go to their official website.

Ganesh B., Louise H., Laura B. and 3 others listed below are listed as company's directors and have been monitoring progress towards achieving the objectives and policies since December 2021.

Previous company's names
Salto Gymnastics Charitable Foundation Limited 2021-10-04
The Salto Foundation Limited 2003-06-10

Financial data based on annual reports

Profit & Loss
Date of Accounts	2014-12-31	2015-12-31	2018-12-31	2019-12-31	2020-12-31
Currency
Net Worth	771 107	805 381

Balance Sheet
Cash Bank On Hand			195	831	60 299
Current Assets	206 290	199 290	310 949	295 413	356 285
Debtors	200 317	198 917	310 754	301 574	293 104
Net Assets Liabilities			1 050 717	1 082 995	1 303 978
Property Plant Equipment			1 250 000	1 250 000	1 514 974
Total Inventories				3 859	2 882
Cash Bank In Hand	5 973	373
Net Assets Liabilities Including Pension Asset Liability	771 107	805 381
Tangible Fixed Assets	1 250 000	1 250 000

Capital & Reserves
Profit Loss Account Reserve	372 270	406 544
Shareholder Funds	771 107	805 381

Other Financial Data
Charity Funds			1 050 717	1 093 246	1 303 978
Charity Registration Number England Wales				1 099 407	1 099 407
Cost Charitable Activity			31 242	19 900	465 091
Costs Raising Funds				34 806	11 895
Donations Legacies			112 020	52 178	191 008
Expenditure				573 400	476 986
Expenditure Material Fund				19 900	476 986
Further Item Donations Legacies Component Total Donations Legacies				6 560	3 720
Gain Loss Material Fund					250 000
Gain Loss On Revaluation Fixed Assets					250 000
Income Endowments			121 814	580 385	437 718
Income From Charitable Activities				495 557	238 529
Income From Charitable Activity				495 557	238 529
Income Material Fund				52 178	437 718
Investment Income				44	9
Membership Subscriptions Sponsorships Which Are In Substance Donations					82 857
Net Income Expenditure Before Transfers Between Funds Other Recognised Gains Losses			90 572	32 278	39 268
Net Increase Decrease In Charitable Funds			90 572	6 985	210 732
Other General Grants				28 500	92 750
Other Income			9 794	39 724	8 172
Accrued Income				10 000	49 573
Accrued Liabilities Deferred Income			1 980	5 209	8 276
Amounts Owed By Group Undertakings			310 754	294 582	243 273
Average Number Employees During Period				39	39
Bank Borrowings			508 253	461 070	546 932
Bank Borrowings Overdrafts			45 508	47 184	63 849
Creditors			47 488	48 533	84 199
Depreciation Expense Property Plant Equipment					1 664
Fixed Assets	1 250 001	1 250 001	1 250 001	1 250 001	1 514 975
Future Minimum Lease Payments Under Non-cancellable Operating Leases				4 039	3 337
Increase From Depreciation Charge For Year Property Plant Equipment					1 664
Interest Income On Bank Deposits				44	9
Investments Fixed Assets	1	1	1	1	1
Merchandise				3 859	2 882
Net Assets Liabilities Subsidiaries			272 093	212 167	176 191
Net Current Assets Liabilities	205 333	156 169	263 461	257 131	272 086
Other Investments Other Than Loans			1	1
Other Taxation Social Security Payable				1 994	10 374
Pension Other Post-employment Benefit Costs Other Pension Costs				4 240	3 731
Prepayments				2 895	258
Profit Loss Subsidiaries			37 775	59 926	36 137
Property Plant Equipment Gross Cost			1 250 000	1 250 000	1 516 638
Social Security Costs				8 702	3 942
Total Additions Including From Business Combinations Property Plant Equipment					16 638
Total Assets Less Current Liabilities	1 455 334	1 406 170	1 513 462	1 507 132	1 787 061
Total Increase Decrease From Revaluations Property Plant Equipment					250 000
Trade Creditors Trade Payables				360	1 700
Wages Salaries				256 865	233 058
Creditors Due After One Year	684 227	600 789
Creditors Due Within One Year	957	43 121
Revaluation Reserve	398 837	398 837
Tangible Fixed Assets Cost Or Valuation	1 250 000	1 250 000