2022-03-31-accounts

			Page
Report ofthe	Trustees		1 to 10
Report ofthe	Independent	Auditors	11 to 13
Statement of	Consolidated	Financial Activities	14
Consolidated	Balance Sheet		15
Consolidated	Cash Flow Statement		16
Notes tothe	Consolidated	Cash Flow Statement	17to 18
Notes tothe	Consolidated	Financial Statements	18 to 21

			Unrestricted	Restricted	London	31.3.22	31.3.21
			fund	fund	Regatta	Total	Total
		Notes			Centre E	fundsf	funds E
Income and Endowments
Donations and legacies							4,470
Charitable Activity				27,169	27,125	50,294	149,562
Other trading activities					205,676	205,676	107,487
Investment income			412,728		20	412,748	184,439
Total			412,728	27,169	228,821	668,718	445,958
Expenditure
Raising funds			(4,680)			(4,680)
Cost ofsales					1,232	1232	(36,368)
Charitable Activity			567,228	13,173		580,401	374,846
Distribution costs					11,324	11,324	13,666
Administrative expenses					171,023	171,023	261,289
Other							7,500
Total			562,548	13,173	183,579	759,300	620,933
NET INCOME/(EXPENDITURE)			(149,820)	13,996	45,242	(90,582)	(174,975)
RECONCILIATION	OF FUNDS
Total funds brought forward			8,692,925	9,568	(802,724)	7,899,787	8,074,762
TOTAL FUNDS CARRIED			8,543,105	23,582	(757,482)	7,809,205	7,899,787
FORWARD

				31Marc	h 2022
				Unrestricted	Restricted	London	31.3.22	31.3.21
				fund	fund	Regatta	Total	Total
			Notes	f	f	Centre f	funds f	fundsf
FIXEDASSETS
Tangible assets			13	7,436,148		30,720	7,466,868	7,694,949
Investments			14	2			2	2
				7,436,150		30,720	7,466,870	7,694,951
CURRENT ASSETS
Debtors			15	59,915		29,683	89,598	34,567
Cash at bank				4,418	29,168	424,664	458,250	414,103
				64,333	29,168	454,347	547,848	448,670
CREDITORS
Amounts falling due within 1			16	(134,553)		(70,958)	(205,511)	(243,832)
year
Intercompany		balances		1,177,175	(5,586)	(1,171,589)
TOTAL ASSETS		LESSCURRENT		8,543,105	23,582	(757,480)	7,809,207	7,899,789
LIABILITIES
NET ASSETS				8,543,105	23,582	(757,480)	7,809,207	7,899,789
FUNDS			17
Unrestricted	funds						8,543,105	8,692,925
Restricted funds							23,582	9,586
Retained Earnings							(757,482)	(802,724)
Called up share		capital					2	2
Total Funds							7,809,207	7,899,789

		for	the Year Ended 31	Nlarch 2022
				31.3.22	31.3.21
			Notes	f	f
Cash flows from operating	activities
Cash generate from operations				88,005	86,933
Net cash used in operating	activities			88,005	86,933
Cash flows from investing	activities
Purchase oftangible fixed	assets			(43,878)
Interest received				20		82
Net cash used in investing	activities			(43,858)		82
Change in cash and cash equivalents		in		44,147	87,015
the reporting period
Cash and cash equivalents	at the
beginning ofthe reporting	period			414,103	327,088
Cash and cash equivalents	at the end	of
the reporting period				458,250	414,103

	ACTIVITIES
				31.3.22	31.3.21
				6	E
	Net income/(expenditure) for the reporting		period (as per the
	Statement of Financial Activities)			(90,582)	(174,975)
	Adjustments for:
	Depreciation charges			271,958	274,700
	Interest received			(20)	(82)
	(Increase)/decrease	in debtors		(55,031)	20,718
	Increase/(decrease)	in creditors		(38,320)	(33,428)
	Net cash provided	by operations		88,005	86,933
2.	ANALYSIS OF CHANGES IN NET FUNDS
			At 1.4.21	Cash flow	At 31.3.22
			E	E	E
	Net cash
	Cash at bank		414,103	44,147	458,250

DONATIONS AND LEGACIES
	31.3.22 f	31.3.21 E
Donations		4,470
CHARITABLE ACTIVITY
	31.3.22	31.3.21
	E	f
Grants	27,169	54,000
Covid Grants	23,125	95,562
	50,294	149,562
OTHER TRADING ACTIVITIES
	31.3.22	31.3.21
	E	E
Management	205,676	107,487

5.	INVESTMENT	INCOME	INCOME
										31.2.22	31.3.21
										f	f
	Rents received									412,728	184,357
	Deposit account interest									20	82
										412,748	184,439
6.	RAISING FUNDS
	Raising donations		and legacies							31.3.22	31.3.21
										f	f
	Support costs									(4,680)
7.	CHARITABLE ACTIVITIES COSTS
										Support
									Direct	costs (see
									Costs f	note 8) f	Totals f
	Charitable Activity								245,939	334,462	580,401
8.	SUPPORT COSTS
									Information	Governance
						Management f		Finance f	technology f	costs f	Totals f
	Other Resources
	Expended
	Charitable Activity							264,132	55,980	14,350	334,462
								264,132	55,980	14,350	334,462
9.	NET INCOME/(EXPENDITURE)
	Net income/	(expenditure)			is	stated after		charging/(crediting):
										31.3.22	31.3.21
										f	f
	Audit and accountancy			fees						14,350	5,708
	Depreciation	-owned assets								271,958	274,700
	GIA turnover	rent								31,513	41,049

STAF	FCOSTS
		31.3.22	31.3.21
		f	E
Wages	and salaries	153,440	129,315
Social	security costs	14,076	4,718
Other	pension costs	2,475	2,235
		169,991	136,268

12.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
			Unrestricted	Restricted	Total
			fund E	fund f	fundsf
	INCOME AND ENDOWMENTS	FROM
	Donations and legacies			4,471	4,471
	Charitable activities
	Charitable activity Investment income		184,356	54,000	54,000 184,356
	Total		188,827	54,000	242,827
	EXPENDITURE ON
	Charitable activities
	Charitable activity Other		337,932	36,914 7,500	374,846 7,500
	Total		337,932	44,414	382,346
	NET INCOME/(EXPENDITURE)		(149,105)	9,586	(139,519)
	RECONCILIATION OF FUNDS
	Total funds brought forward		8,842,030		8,842,030
	TOTAL FUNDS CARRIED FORWARD		8,692,925	9,586	8,202,511

TANGIBLE FIXEDASSETS
			Plant and
	Freehold	Fixture and	Machinery
	property	fittings	etc	Total
	E	E	f	E
Cost
At 1April 2021	11,993,416	1,228,544	78,940	13,300,900
Additions		42,483	1,394	43,877
At 31March 2022	11,993,416	1,271,027	80,334	13,344,777
Depreciation
At 1April 2021	4,423,776	1,143,884	38,291	5,605,951
Charge for year	239,868	20,767	11,323	271,958
At 31March 2022	4,663,644	1,164,651	49,614	5,877,909
NET BOOK
VALUE
At 31March 2022	7,329,772	106,376	30,720	7,466,868
At 31March 2021	7,569,640	84,660	40,649	7,694,949

Registered office: London Re Nature ofbusiness: Operation	gatta Centre, Dockside R ofsports facilities
	ffi
Class ofshare	holding
Ordinary	100

		Notes	to	the Consolidated Financial State forthe Year Ended 31March	ments -continu 2022	ed
15.	DEBTORS
						31.3.22	31.3.21
						f	f
	Amounts falling due within one year:
	Trade debtors					30,885	22,337
	Other debtors					20,729	9,999
	VAT					8,423	2.231
	Prepayments					29,561
						89,598	34,567
16.	CREDITORS: AMOUNTS			FALLING DUE WITHIN ONE YEAR
						31.3.22	31.3.21
						f	f
	Trade creditors					61,669	19,626
	Other creditors					22,135	115,965
	Taxation and	social security				32,956	21,747
	Accruals and	deferred	income			88,751	86,494
						205,511	243,832
17.	MOVEMENT	IN FUNDS
						Net
						movement	At
					At 1.4.21	in funds	31.3.22
					f	f	f
	Unrestricted	funds
	General fund				8,692,925	(149,820I	8,543,105
	Restricted funds
	Restricted				9,586	13,996	23,582
	TOTAL FUNDS				8,762,511	(135,824I	8,566,687

			Incoming	Resources	Movement
			resources f	expended f	in funds f
Unrestdcted	funds
General fund			412,728	(562,548)	(149,820)
Restricted funds
Restricted			27,169	(13,173)	13,996
TOTAL FUNDS			439,897	(575,721)	(135,824)
Cornparatives	for movement	in funds
				Net
				movement	At
			At 1.4.20	in funds	31.3.21
			f	f	f
Unrestricted	funds
General fund			8,842,030	(149,105)	8,692,925
Restricted funds
Restricted				9,586	9,586
TOTAL FUNDS			8,842,030	(139,519)	8,202,511
Comparative	net movement	in funds, included	in the above are as follows:

		Incoming	Resources	Movement
		resources f	expended f	in funds f
Unrestricted	funds
General fund		188,827	(337,932)	(149,105)
Restricted funds
Restricted		54,000	(44,414)	9,586
TOTAL FUNDS		242,827	(382,346)	139,519