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|---|---|---|---|
|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|
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||||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|
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|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|
##
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##
|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|
##
##