Professional Documents
Culture Documents
Explanation
The sports in which are associated in the gym are weightlifting, Yoga, Zumba, Street Dance and various Martial Arts. Operating a Wing Chung class, which is a well established class led by Sifu Karl Stanley, Chief Instructor of the UK Wing Chung Academy. Also, Krav Maga is a fast growing self defence martial art which is operating from Phase One.
Organisational Aims
The aim is to continue upgrading equipment and classes while continuing to offer their friendly expert services and making sure their members are heading in the right direction.
Target Groups
Phase one targets a range of people starting from the age of 5-19 upwards.
The facilities provided at the gym are a weightlifting gym, halls for street dance, kickboxing and the other cardiovascular sports.
Pricing Structure
Off peak membership Use of all facilities any time except 4-9.30pm weekdays. 12 months: 28 monthly 290 Pay in full 6 months: 30 monthly 170 Pay in full Yoga - free for members (and only 5 for non members) with no booking required.
Zumba Costs 5 The gym is in partnership with 3 main shareholders who invest their own money into the company.
Government Grants
Definition Grants are funds disbursed by one party (Grant Makers), often a Government Department, Corporation, Foundation or Trust, to a recipient, often (but not always) a nonprofit entity, educational institution, business or an individual.
This doesn t apply to private company s this would benefit volunteers and other organisations as the gym receives no Government Grants.
This doesn t apply to private company s this would benefit volunteers and other organisations.
Member Loans
Definition Members of a certain company or organisation, that loan money to a company in order to help or sustain its financial position.
I have contacted the gym and the information I have received tells me that they have had no Member Loans as the 3 main shareholders invested their own money into the company.
I have contacted the gym and the information I have received tells me that they have had no Financial Institution Loans as the 3 main shareholders invested their own money into the company.
Membership Subscriptions
Definition Membership subscriptions are the members of the organisation pay so that they can be a part of that organisation.
Membership fees are the principal way of financing the venture and range from about 2037 per month.
Lottery Funding
Definition The Big Lottery Fund (BIG) is a grant-making nondepartmental public body in the United Kingdom created by the Government to administer the funding of "good causes" following the creation of the National Lottery. It has an annual expenditure of 630
million.
Private Investment
Definition A transaction in which accredited investors is allowed to purchase stock in a public company through an exemption allowed by provincial securities regulation.
Phase One are a private ltd company. Started in 2000 by 3 Directors, who invested money and are the shareholders.
Donations
Definition A donation is a gift given by physical or legal persons, typically for charitable purposes and/or to benefit a cause. A donation may take various forms, including cash, services.