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|||Page|Page||
|---|---|---|---|---|
|Reference and Administrative
Details|||||
|Report ofthe Trustees||2|to|8|
|Report ofthe Independent
Auditors||9|to|11|
|Statement of Financial|Activities||12||
|Balance Sheet|||13||
|Cash Flow Statement|||14||
|Notes to the Cash Flow Statement|||15||
|Notes to the Financial|Statements|16|to|24|
|Detailed Statement of|Financial Activities|25|to|26|
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|TRUSTEES|Mr K Butcher||||
|---|---|---|---|---|
||Mr CJ L Clarke (resigned 27.9.20)||||
||Ms D Easton||||
||Ms A Hames||||
||MrMF Hunt||||
||Mr S G Leach||||
||Mr M D Miller||||
||Mr P A Rea (resigned 4.6.20)||||
||Mr J BThompson||||
||Dr KSteele (appointed||27.9.20)||
|COMPANY SECRETARY|Ms A Hames||||
|REGISTERED OFFICE|Jesmond
Pool StGeorges|||Terrace|
||Jesmond||||
||Newcastle
Upon Tyne||||
||Tyne and Wear||||
||NE2 2DL||||
|REGISTERED COMPANY|02645699 (England|and|Wales)||
|NUMBER|||||
|REGISTERED CHARITY|1010563||||
|NUMBER|||||
|AUDITORS|Robson Laidler Accountants|||Limited|
||Statutory
Auditor||||
||Fernwood
House||||
||Fernwood
Road||||
||Jesmond||||
||Newcastle
upon Tyne||||
||Tyne and Wear||||
||NE2 1TJ||||
|BANKERS|Barclays Bank Pic||||
||59 High Street||||
||Gosforth||||
||Newcastle
upon Tyne||||
||NE3 4AA||||
|SOLICITORS|Womble
Bond Dickinson||||
||St Ann's Wharf||||
||112Quayside||||
||Newcastle
Upon Tyne||||
||NE1 3DX||||
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|FOR THE YEAR END|ED 31 DE|CEMBER|2020|||
|---|---|---|---|---|---|
|||||2020|2019|
|||||Unrestricted|Total|
||||Notes|funds
f|funds
6|
|INCOME AND ENDOWMENTS||FROM||||
|Donations
and legacies||||114,049|3,110|
|Charitable
activities||||||
|Swimming
and leisure|activities|||378,365|723,166|
|Other trading
activities||||6,400|22,571|
|Investment
income||||4,154|3,151|
|Total||||502,968|751,998|
|EXPENDITURE ON||||||
|Raising funds||||5,624|15,409|
|Charitable
activities||||||
|Swimming
and leisure|activities|||576,903|638,674|
|Total||||582,527|654,083|
|NET INCOME/(EXPENDITURE)||||(79,559)|97,915|
|RECONCILIATION
OF FUNDS||||||
|Total funds brought|forward|||1,717,313|1,619,398|
|TOTAL FUNDS CARRIED FORWARD||||1,637,754|1,717,313|
##
##
|||||2020|2019|
|---|---|---|---|---|---|
|||||Unrestricted|Total|
|||||funds|funds|
||||Notes|6|F|
|FIXEDASSETS||||||
|Tangible|assets||15|1,116,600|1,162,536|
|CURRENT ASSETS||||||
|Stocks|||16|3,108|3,318|
|Debtors|||17|15,185|17,588|
|Cash at|bank and|in hand||548,742|583,619|
|||||567,035|604,525|
|CREDITORS||||||
|Amounts|falling due within one year||18|(45,881)|(49,748)|
|NET CURRENT ASSETS||||521,154|554,777|
|TOTAL|ASSETSLESSCURRENT|||||
|LIABILITIES||||1,637,754|1,717,313|
|NET ASSETS||||1,637,754|1,717,313|
|FUNDS|||19|||
|Unrestricted
funds;||||||
|General|fund|||521,154|1,717,313|
|Capital
fund||||1,116,600||
|||||1,637,754|1,717,313|
|TOTAL|FUNDS|||1,637,754|1,717,313|
##
##
|FOR THE YEAR ENDED 3||1 DECEMB|ER 2020|||
|---|---|---|---|---|---|
|||||2020|2019|
||||Notes|F|6|
|Cash flows from operating||activities||||
|Cash generated
from operations|||1|(7,857)|154,437|
|Net cash (used in)/provided||by operating|activities|(7,857)|154,437|
|Cash flows from investing||activities||||
|Purchase of tangible
fixed assets||||(31,174)|(101,040)|
|Interest received||||4,154|3,151|
|Net cash used
in investing|activities|||(27,020)|(97,889)|
|Change
ln cash and cash||equivalents||||
|in the reporting
period||||(34,877)|56,548|
|Cash and cash equivalents||at the||||
|beginning
ofthe reporting||period||583,619|527,071|
|Cash and cash equivalents||at the end||||
|ofthe reporting
period||||548,742|563,619|
|FOR|THE YEAR ENDED|31 DECEMBER 2020|31 DECEMBER 2020|31 DECEMBER 2020|31 DECEMBER 2020||||
|---|---|---|---|---|---|---|---|---|
||RECONCILIATION|OF NET (EXPENDITURE)/INCOME||||TO NET CASH|FLOW FROM|OPERATING|
||ACTIVITIES||||||||
||||||||2020|2019|
||||||||E|E|
||Net (expenditure)/Income||for the reporting||period (as|per the|||
||Statement of Financial Activities)||||||(79,559)|97,915|
||Adjustments
for:||||||||
||Depreciation
charges||||||77,110|58,818|
||Interest received||||||(4,154)|(3,151)|
||Decrease
in stocks||||||210|802|
||Decrease/(increase)|in debtors|||||2,403|(1,421)|
||(Decrease)/increase|in creditors|||||(3,867)|1,474|
||Net cash (used in)/provided|||by operations|||(7,857)|154,437|
|2.|ANALYSIS OF CHANGES||IN|NET FUNDS|||||
|||||||At 1.1.20|Cash flow|At 31.12.20|
|||||||E|8||
||Net cash||||||||
||Cash at bank and
in|hand||||583,619|(34,877)|548,742|
|||||||583,619|(34,877)|548,742|
||Total|||||583,619|(34,877)|548,742|
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|||||||2020|2019|
|---|---|---|---|---|---|---|---|
|||||||6|E|
||Donations|||||7,668|3,110|
||Grants|||||106,381||
|||||||114,049|3,110|
||Grants received,|||included|in the above, are as follows:|||
|||||||2020|2019|
||||||||F|
||Coronavirus||funding|||106,381||
|4.|OTHER|TRADING ACTIVITIES||||||
|||||||2020|2019|
|||||||6||
||Trading|activities||||6,400|22,571|
|5.|INVESTMENT INCOME|||||||
|||||||2020|2019|
|||||||6|E|
||Deposit|account||interest||4,154|3,151|
##
|6.|INCOME FROM CHARI|TABLE ACTIVITIES||||
|---|---|---|---|---|---|
|||||2020|2019|
|||||Swimming||
|||||and||
|||||leisure|Total|
|||||activities
f|activities
F|
||Fees
Subscriptions|||253,209
125,156|540,699
182,467|
|||||378,365|723,166|
|7.|RAISING FUNDS|||||
||Other trading
activities|||||
|||||2020
f|2019
F|
||Purchases|||5,624|15,409|
|8.|CHARITABLE ACTIVITIES COSTS|||||
||||Direct|Support||
||||Costs (see|costs (see||
||||note 9)
f|note 10)
f|Totals
f|
||Swimming
and leisure activities||521,098|55,805|576,903|
|9.|DIRECT COSTS OF CHARITABLE ACTIVITIES|||||
|||||2020|2019|
|||||f|f|
||Staff costs
Chemicals
and cleaning
Rent, rates and insurance
Light and heat
Activities
and services
Maintenance
and equipment
Licences and equipment
hire
Other running
costs
Staff expenses
Depreciation|||304,199
6,935
19,786
29,757
43,875
23,722
9,976
4,136
1,602
77,110|316,263
8,389
22,919
54,082
79,363
23,633
6,168
5,754
3,101
58,818|
|||||521,098|578,490|
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|SUPPORT COSTS|||||
|---|---|---|---|---|
|||Management|Finance|Totals|
|||6|6|6|
|Swimming
and leisure activities||46,322|9,483|55,805|
|Support costs, included|in the above, are as follows:||2020|2019|
||||Swimming||
||||and||
||||leisure|Total|
||||activities|activities|
||||6|6|
|Wages
Social security
Bank and card charges
Telephone
Postage and stationery
Advertising
Bookkeeping
Auditors
remuneration|||29,917
2,705
6,197
2,309
1,718
3,476
4,563
4,920|31,060
2,999
9,875
2,465
1,383
4,263
3,450
4,689|
||||55,805|60,184|
|NET INCOME/(EXPENDITURE)|||||
|Net income/(expenditure)|is stated after charging/(crediting):||||
||||2020|2019|
||||6|6|
|Depreciation
- owned assets
Auditors
remuneration|||77,110
4,920|58,818
4,689|
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|STAFF COSTS|||
|---|---|---|
||2020|2019|
||F|E|
|Wages and salaries|308,843|320,644|
|Social security costs|15,157|16,805|
|Other pension costs|12,821|12,873|
||336,821|350,322|
|The average
|monthly
number ofemployees
during
the|year was as follows:||
|---|---|---|---|
|||2020|2019|
|Teachers and|coaches|3|6|
|General staff||5|5|
|Management|and administration|4|4|
|||12|15|
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|TANGIBLE FIXEDASSETS|||||
|---|---|---|---|---|
||||Fixtures||
||Long|Plant and|and||
||leasehold|machinery
f|fittings
E|Totals
E|
|COST|||||
|At 1 January 2020|1,889,250|429,777|68,558|2,387,585|
|Additions|16,935|2,521|11,718|31,174|
|At 31 December 2020|1,906,185|432,298|80,276|2,418,759|
|DEPRECIATION|||||
|At 1 January 2020|792,992|382,071|49,986|1,225,049|
|Charge for year|60,553|10,253|6,304|77,110|
|At 31 December 2020|853,545|392,324|56,290|1,302,159|
|NET BOOK VALUE|||||
|At 31 December 2020|1,052,640|39,974|23,986|1,116,600|
|At 31 December 2019|1,096,258|47,706|18,572|1,162,536|
|dESMOND COMMUNITY LE|dESMOND COMMUNITY LE|dESMOND COMMUNITY LE|dESMOND COMMUNITY LE|ISURE|ISURE|ISURE|ISURE||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|NOTES TO THE FINANCIAL||||STATEMENTS - continued|||||||||
|FOR|THE YEAR ENDED 31 DECEMBER 2020||||||||||||
|16.|STOCKS||||||||||||
||||||||||||2020|2019|
||||||||||||6|F|
||Raw materials|||||||||||511|
||Finished goods||||||||||3,108|2,807|
||||||||||||3,108|3,318|
|17.|DEBTORS:AMOUNTS||||FALLING|DUE WITHIN ONE YEAR|||||||
||||||||||||2020|2019|
||||||||||||F||
||Trade debtors||||||||||4,052|6,299|
||Prepayments|and accrued income|||||||||11133|11,289|
||||||||||||15,185|17,588|
|18.|CREDITORS:||AMOUNTS
FALLING DUE||||WITHIN ONE YEAR||||||
||||||||||||2020|2019|
||||||||||||6|8|
||Trade creditors||||||||||8,967|13,485|
||Social secunty||and other||taxes||||||4,299|4,459|
||Other creditors||||||||||13,914|18,789|
||Accruals and|deferred||income|||||||18,701|13,015|
||||||||||||45,881|49,748|
|19.|MOVEMENT|IN FUNDS|||||||||||
|||||||||||Net|Transfers||
||||||||||movement||between|At|
||||||||At|1.1.20
E|in|funds
F|funds
f|31.12.20
6|
||Unrestricted|funds|||||||||||
||General
fund||||||1,717,313||(79,559)||(1,116,600)|521,154|
||Capital fund||||||||||1,116,600|1,116,600|
||||||||1,717,313||(79,559)|||1,637,754|
||TOTAL FUNDS||||||1,717,313||(79,559)|||1,637,754|
||Net movement||in funds,||included|in the above are||as follows:|||||
||||||||||Incoming||Resources|Movement|
||||||||||resources
E||expended
f|in funds
6|
||Unrestricted||funds||||||||||
||General
fund||||||||502,968||(582,527)|(79,559)|
||TOTAL FUNDS||||||||502,968||(582,527)|(79,559)|
##
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|Compar|atives|for moveme|nt
in fun|ds||||
|---|---|---|---|---|---|---|---|
|||||||Net||
|||||||movement|At|
||||||At 1.1.19|in funds|31.12.19|
||||||f|6|9|
|Unrestricted||funds||||||
|General|fund||||1,619,398|97,915|1,717,313|
|TOTAL|FUNDS||||1,619,398|97,915|1,717,313|
|Comparative||net movement|in funds,|included|in the above are as follows|||
||||||Incoming|Resources|Movement|
||||||resources|expended|in funds|
||||||6|6||
|Unrestricted||funds||||||
|General|fund||||751,998|(654,083)|97,915|
|TOTAL|FUNDS||||751,998|(654,083)|97,915|
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