Chority registratiofb nwnb•r 1010563 C¢Mnp•ny registralion number 02645699 (England and IV•le$ JESMOND COMMUNITY LEISURE ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 *AC8R&IY¥4• 2W0712023 COMPANIES HOUSE A18
JESMOND COMMUNITY LEISURE . LEGALAND ADMINISTRATIVE INFORMATION Mr K B(rtcher Ms D Ea51on MsAHan Mr MF Hunt Mr SG Leath MT MD Miller Mr J Weiford {Apwnted 3 Juty 2022) MSA Hames Charity number 1010563 Company ntsmr 02645699 Prlnclpal address Jesmond Pcd St Georges Tefface JeSnnd Nthvcaslle Upon Tyne Tyne And Wear England NE2 2DL Auditor Rob8( LaidterAcc(wnMts Limiled Jesmnd Newcasue Upon Ty Tyne and Wear England NE2 1TJ Bankers Bardays Bank PIC 59 High Streel. Gosforth Newcastl8 Up( Tyne NE3 4M Soli¢ltors StAnn's Wharf 112 1)Jayside Newfasue upon Tyne NE13DX
JESMOND COMMUNITY LEISURE CONTENTS Pagg TnJstees' report Independent audittys rewrt 8-10 Statement of financial actiwiies 11 Balance shegt 12 Smement of e2sh flows 13 Notes to Ihe financial ststements 14-22
JESMOND COMMUNITY LEISURE TRUSTEES. REPORT (INCLUDING DIRECTOR'S REPORT) FOR THE YEAR ENDED 31 DECEMBER 2022 The trusleos present ther annual r8port arKI financaal sLements for the year ended 31 DKember 2022. The finanryal statsments have been prepar•d in accordance with the ac¢ounling tKAicies sel out in not8 1 to the financial statements and comply with the Chari5 goveming dctument. the Companies Act 2006 and "Accounting and Reporting by Charities.. Statement of Recommended Practi aWutAe lo charitie5 preparing their accounts in accordance with the Finan(xal Rewting Slandard aprable in the UK 8rKt Republir of Ireland IFRS 102). leffeclive 1 January 20191. The charitae company thanged its name to Jesmond Communty Leisure on 23rd February 2011. The company continues lo be known under the name jesnxd PcA)l and Gym. The proiecl supports and voluntarily complie5 with th¢ Charter of Integrty of the Sports and Recreation Trusts Asso¢wtion. Since the charitable Company qualifie$ as small under section 383. the strategic re[rt reqLtired of mediurn and large MpanIeS under The Companigs Art 2C#)6 (Strategic Report and Directors Report} Regulatwbs 2013 is not requirod. Objectives and activiti9$ a. Policies, objectives and strategies for achieving thos• obJ•ctI5 In setting objectNes and aTrIng for activiti.es. the Trustees and Members have given due consJeralion to general guidance published by the Charty Commission lating to pulJi¢ benefil. The core objeclives. along wth the chosen strategies, we summarised below and prov*Je evidence of Public Benefit. The Trusiees also pr(K1u¢x an annual rem that gives rr deta on these obiecD"ve5 and is provided at the AGM. The Trustees are satisfied that they have achwed the obJecb¥es set and have made a significant improvemènt lo the lives ol people and organi5atk)n5 5UPPOrted by our operatM)ns. Tho overal objects of tha company wore refined dwin9 2019. wlth the Mission StaleThth. Valu0$ and Obj8ctNes rewsed in October 2019 as fcdlows: Our mlssion - Promoling health and well.9 in our MMunity trnugh the provisK>n of swimming and other leiswe and fitness related activitios. Our values Belief in the power of sport and leisure lated aclivibe3 to benefit all membets of our community, regardless of their state of health or disability. - Belief in the ability of local communty resources to meet local needs. Our ob]•ctl¥•s 1. To meet the $wimming and leisure related of all gr¢)ups in the local and wider community - Be iecognised as a centre of excellence for communty leisure a¢tMb"es'. - Constantly rewew the programme, lo ensure that the needs of all groups are beirvj meL - Help customers idenlfy which aclivrts wll t)esl meet their individual needs: - Take into consideratK)n $toMer fee(Ibad( and communty coneems; - Nètwork with other similar projects across the C(ntrY. leam from them and li retum assisl thom When9r we can. 2. To se¢ure thè long4erni future of the p¥oie¢t by malntaining its financial viability - Operate in a way that meets Charity CorMnissK)n Companies House regulatory reqLJiremenls, including tsking expert advice when required.. - Employ rigorous finanual Controls and management systems". - Use regular budgetary controls, cash Ilow and pncing r&eWS. - Have a Trustee working group for finanrual matters.
JESMOND COMMUNITY LEISURE TRUSTEES. REPORT (INCLUDING DIRECTOR'S REPORT) (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022 Objectives and activities (continued) 3. To •nsure we retsln local supp¢rt through a strong s•nse of communlty Intera¢don Be open and aUntable in operating the P(x)F on thaf of kKal peopk. through CommunlI0n wth our community - Keep local people aware of the OFeration arKI UF<lated on the PLr$ progress, arnj attend community events - Prowde a programme thal reflects tyjstomer demand - Have a Trustee working group for t¥)mmunication matters 4. To malntaln and dev•lop the building, at least In line wlth lease reWInents Enhancè and devdoping the buildirJ as fvnd3 8llow - Have a Trustee working group for tlIding matt&rs S. To provide a working environment that Vall and develops all of Its people to ensure business $u¢ces$. whllst bolng Incluslve and partl¢lp8tlve - RecruiL train and retain motivated. highly qualffièd. lIeble and empowered staff - Encourage full lime staff particIpal in the runniThJ and success of the rMpanY - Operate the building and 8¢bvthe$. followiftg rrent inouslry and best practice guid81bnes: Offer high qualty training and suppxyt to all operional Volunteers. enabling them to progress in the leisure induslry at Jesmond Pool & Gym or elsewhere.. - Have a Trustee working group tr personnel matters. 6. To feduce our environm•nlal impact - Usè ar oparate thè building in a way which minimises our offÈet on th8 ènvin)nmènt: - Maximise our energy effioency. and identsfy and reduce our carbon footprint.. - Encourage users to walk. cyde or use neaty public transwt to reath Ihe poL4. b. Aciivities lor achieving obj•ctNes We provide swimming faulities. gJTh$. dasse5. exerctse aThl other spts 8rn1 acts"ties capabse of improving physical heatth, fftness and wellbeirtg. We actively promote services to loca and wNJer corymunths and encourage take-up from different minority grosjps. We actively tsrgel the older Fwulation by pThiding a¢klitK)nal fa(alitieg to eno)ur8ge partic4pan and target involvemenl as a means of encowaging dder to be aclr¥e as a lifestyle ch)1. c. Volunte•rs 2022 saw us once again able to use vohJnteors. VonteerIng wovwjes tjenefits to both mentsl arKI physical heallh of the volunteer and brings a wide range of skills knovledge and experierKe to the Pod & Gym. Last year saw 15 volunteers conlribuling 300 5 01 olkn and lifeguarth.ng work. TnJstees and memtr meetings were st1 a mix of online and live meetsngs. The trustees have paid due regard to guidance ISS by the Charity COmmissn in deciding what activities the charity should undertake.
JESMOND COMMUNITY LEISURE TRUSTEES. REPORT (INCLUDING DIRECTOR'S REPORT) (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022 Achievements and porfomian¢e ObJe¢tive 1: to m8èt th• swimming and leisure need5 of all groups In the local and wld•r communlty We endeavour lo offer a programme of a¢tkwtEs lo suit the needs of all our customers. We have kept our swimmirKJ timetable as accessible as possTrtJe. recognising the differiry needs of adults and children. in times and in style of activity. There are slots in fxjr timetable for babies through to older people. instruction available for all. Holiday programmes 81$0 recognise these need5. Activities in the fitness suites ¢anise drfering needs by offering dasses for teenagers and older people. or those on GP referrals. The basèmènl artt1 poolside fthess suites each have a slighuy different ambience and range of equipment, prow'ding an extra degree of choice for the increasing number of custome15 Using fitness equipment. We ave found this variety of environment and equipment rKwiar vthh users we are better able lo cope th lar98r numbers. The up51aiT5 sludio is used by all ages and by groups rnnging from baby massage classes, through to chldren's par1ies, and a fvll range of exerase and filne5s classes. We know that the mafft)rity of our users a k. Ixrt we also thaw supp)rt from a wide area. Our impact on other similar bodies Ihroughoul the UK rnalS positive. arKI we cL¥rtinue to offer advice and support to many organisalions on operational management. Objectlve 2- to secure the long4enn futu of the Project by malntalning Its financial viabTIty Our financwl performance is mnrtored by the finance group. which meets every month and rewrts back lo the trustees. Monthly P&L Trports against budget lor refore1) are prepwed and investi9ated to ensure we are up lo date with finanrAal performance. During 2022 we have s8en us8rs retum lo th& P(KA & Gym follovmg the pandemic. which has led trj income from charitable activities recovering back to pre-pandemic levels. This reduced ihe need to seek SLtrPPOrt from grant funding, and the charity aOied for and received a total Of £3.6 in gTrnl ftlnding this year12021.. £128.1241. We place cash deposits across MUltie financi institutes to ensure the chanty beneffts from the £85,C%)O Financ¢al Services Compensation Scheme should any siThJle in51itute fail. The Gharity does not at presgnl invest any of its free reseNgS. ObJe¢tlve 3: to ensure thal we retain loc•1 $uppor( through a $trMg sense of ¢ommunlty Inter4ct+on We nefvlork with as many communty groups as possible through ow staff and trLLStees. and maintain an ongoing dialogue with users. through the staff and customer comments. W8 have yet to stsrt thjr customer IrnJ$ groups as Ihern is stim a Cfjncem aboul meeting to fac8. Hop8fully 2023 will see the customer focus group recommen. Our social media presence continues to grow, we use Facebook and Instagram regularfy and have 2.7k fdlowers. We started using google busInS lo its full tential with over 20k interactions in 2022. Our newetter Continues to grow v*ith over 5CKJ subscribers. We have contributed actively to Ihe Jesmond newslettets thrOh ¥8rh?u$ sources induding the library and the vari¢xJs otheT news oulets and this has facilitated interacts"M5 Wrth other local Chare5 and good causes. We have a group dealing wrely wth MnnICatIOns, who and dire¢l the organisattron in its community Interaction. We have cOnnUed lo support young pewe from loc41 through KKoviding training and future volunteering oprx)rtunities. We have been able to stsrt 8 $Iall$ell vdunteering scheme setup local GP gcoups to provide volunteering oprthunities on receptton for young people with menlal health iS5Lies.
JESMOND COMMUNITY LEISURE TRUSTEES. REPORT (INCLUDING DIRECTOR'S REPORT) (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022 Achiev8mgnts and performance {continu) OblectSvo 4: to maintain and develop the bulldlng. at l•asl In Ilne wlth lease requlrements We far exceed our lease reouirements in looking after. and developing the building. as we need to ensure we offer a good seTht¢e. Since cwjr upgrading of the building in 2CK13. have ryjntinuod lo invest In improvements and maintenanee. in order to keep the bUdIng on and usable. Durin9 2022 the Board of Directors agreed to r%eate a desywted furKI for ffiJre capital improvements. and transferred £500.000 to this fund 12021: Nill. There are planned short term inve5tsnenls to be made in equipment and building improvements. By separ8b.ng wl a designated fund. the charity be (rtain of the amount available for investment whilst ensuring Ihere is sufficienl available in free $VeS for un-anticipaled costs. ObJ•divo 5: to pfo¥ld• a worklrnJ •nvironmènt that values and dèvelops all of its p•opl8. to tn#ur• buslness succe. whilst being inclusive and rtICIpatiVe Our staff remain our focus. and our staff retenty)n levels are admirale. wih many Memb of stsff on. or approaching. 30 years, servKe. Staff are Involved in the m8nagemenl of the business as much as Ihey would like to be. wtth membern on sub- groups. and staff participati al strategic Fdanning events. During the year two staff have been suprM)rted in obtaining qualrfKabons as Swimming Teachers Assoaalion "STA" tutors of swmming teachers. The charity is now an STA appfoved training cenl(e. and from Septembèr we started convertirrfj all of our swimming lessons to the STA framework. This has led to a rolling prcoramme of re-training all staff urKler tha new framew(¥k. We have maintained the regular prcJrarnme of lrfegbjard training. induding existing staff who have to rfrqualify every 2 a¥s. In addtts.on we acc4ssed furNlrrwJ for a mèmber of stsff to study for a dlt31 marketing apprenticeship to indude on site studying. Oblecllve 6: to operate the building and a¢t&¥iti•s, following currenl industry and best pra¢tk• guidelines We ensufe that all aclivities are led by suitabty qualffied stsff and fc41ow $9th guidelines. Our pro¢odures arg viewed as part of ongoing training. and we ensure that all skff need DBS IDiscJosure Barring Service) ¢18arance are v81idated befo working for us. We have our RLSS Approved Training Centre Status exlemally reviewed each year. Several of Ouf Staff members are members of Leisure Institutes and receive regular updates on industry provision and developments. We also have staff member5 attending industry seminars and update5 as part of their Continuing Professional Deveent and currency stalus. We are an acti member of Communrty LeisLtre, a leading charitable organIsat supporting mosl of the wngle srte trusts in the UK. Obj•ctiv• 7: to redu¢è twr ¥lonmen1al Impacl During the year we worked wth Newcastle City Councal on the l>)vemrr*nts decarl1sation scheme and expect to see som& oulpul from that during 2023. In the rneantime we made plarbs to expand the existing solar panel arrays on the roof of the building. This has been held up whilst fvrther roof repairs are LTrfKlertaken. but money has been allocaled from the designated fund for this work and will proceed as soon as possible.
JESMOND COMMUNITY LEISURE TRUSTEES. REPORT (INCLUDING DIRECTOR'S REPORT) (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022 Finan¢lal revlew As a charity, JesmoThJ Community Leisure is wlltsual in that the vast maitkn of its income rKJnrally comes directly from its trading aclivities. Income gerwaled from charitalAe adivrlies fees and subscriptions was £836.661 12021: £499.4421 compared to cos15 of generating those ¥tivit$ of £691.39012021= £717.018). giwng a surplus on the provisK>n of Charitable a¢trV1es of £145,271 (2021.. £217.576 deficit). Income gen9rated this year has been almost sdgly from the charilable activities th very litve additional support from donations and grants following the end of Ihe furfough Sche and pandemic related grant fijnding. This emphasises the succ*sslul year the charity has experienced and is lestamenl to the hafd w¢xk of the staff in ensuring a Smooth return to lull ¢aparity operakn"ng. Ca5hlh)w genfjrated from operating acb'wties amounted to £242.391 (2021.. £130.5171. Overall. the charitable corwany 9gneratg11 a SuU$ in net inoynry resources of £169.64812021.' £60.8961. The trustees are extremely pleased with this year's performance folh)wir¥J a difficuh period for those operating in the industry. Strortg reservas facilitate<l pandemic Surviv and tho ne$S ha$ resumed successful operatK)ns since. Going conc•rn After making appropriats enquiries. the twstees have a reasonable expectakn that the charitable company ha$ ad8quale resources lo continue in operab"onJ existence for the f<xeseeable fvtsFre. For this reason. they continue to adopt the going nrn basis in preparing the financaal statoments. Further d8tsils Tegarding the adopb'on of the going concefn basis can be fcHJnd in the Accounb'ng Poliaes. Concerns remain arol1 energy costs. as it is an area of unavoidable costs required to heat water for the pool and showers, and F4)wer the sauna and slearn room. The tharty is rrenVy a fixed tariff below the open market rate. with contracts in ptace until October 2023 {ele¢tri¢ty} and September 2024 {gasl. We had included contingerscy in tha 2022 budget in lh• e¥8nt that Suple[S failed to survive. but that has not happ8ned and tho contracts have been )rKred. The 2023 budg8t anticipates 018clri(ity costs doutling once we exit the ffixed tariff. arKI we are working wth brokers to explore the Opiims available. Reser4•s policy During the financial year. the reseNes piCY was reviewed and updated as il was lelt that we needed to separat8 free reseNes from those lunds needed for fijre wtsl investmenL Jesmond Community Lgisure's reseTv8s policy is to hold a minimum of £250,000 in free reserves. This 1$ considered 5uffi¢ient to cover a number of risks happeniro ct)n¢urrentty, induding temporary dosure, emergency repairs and an in¢ase tn key operatiftg costs. In an artemative scenario. this is also consTrderèd suffictent to cover the Closu costs if the Pool & Gym were unable to continue operating. Th)se dosure costs have been eslimaled in the region of £110.000 to £130.000. The Charity's SerVeS are only expected to be spent on unfoyeseen alcumslan - the most likely to occur being the failure of eouipment or damagg to the strudure of Ihe budding. The Charity will review the SerVeS policy on an annual basis in conjunction wth its rewew of the t)esignated Fund. The Designated FurKI will be that proptsrt of Un$t1ted Funds that the Trustees have detemiined to be available for longer lem) investment back into Ihe Charity. At the end of 2022 this was £SW.C((I. At the end of the financia year the P{ & Gym had free reserves of £29).962 {2021.. £659.8481. Risk •t$SMent The Trustees have assessed the major risks to which the charitsble company is exposed, in p8cular those related to operat$ and fin8n¢es of the Charitse cL)mpany. and a satisfied that systems and PedUleS are in place lo mitigate our exposure to the major risks.
JESMOND COMMUNITY LEISURE TRUSTEES. REPORT (INCLUDING DIRECTOR'S REPORD (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022 Plans for future perio¢ts At the time of w8paring these ac¢wnts J8smoThl & Gym is once again fully operalional and se8ing high levels of use of all facilities. The trustees have assessed the outcome of the last strategie review and are in the process of agreeing the focus for the medium temi future of the Pool & Gym. structure. govemance and management The charity is contrclled by its goveming document. a deed of trus( and conslitule5 a limited CAynpony. Iwnited by guarantee. as defined by the Companw Act 20(. The trustees. who are also the directors for the Pur[ of compwry law. arwj who served thJring the year and up lo the dale of signature of the financial statements we. Mr K Butcher Ms O Easton MsAHames hAr MF Hunt Mr SG Le8ch Mr MD Miller Mr JB Thomps Mr J Welford IResgned 3 July 2022) {Appointed 3 July 20221 Re¢ruitm¢nt and appointm•nt of new trustses The articlgs of association define the MpanY structure. indudes bolh members of th& company and directors (both of whom are appoint by the Board). There are currenljy no bodies are automatically entitled lo omin8le dI¢t0 to the Board. and the Board currenyy has no ptans for changing this. New trustee5 are identified from ann9st the cJJstomers and supporters of the pr(4ect. induding those attending the annual meets'ng. When a path'cular e¥pertise is required Isuth as the Finan OirectOTI. an open recruitment process Is foltowed. All trustees 8re company dire¢lors. Charity constitution Jesmond Community Leisure is a diaritable c4Jmpany limited by guarantee set up by a Memorandum of Association on 13 SepterrA)er 1991 arxl 1$ a registered dwnty nuner 1010563. The object for which Ihe company is established are the provrsion of swimming facilthes lor Te¢realion and other leisure time activities for the inhabrtants of the local and wider community in the interests of their social welfare within the meaning of the Re(x&ational Charittes Act 1958 and as therein limited and any other ancillary teisure ts'me farjliknes. and the athanMent of education, culture and the arts for the public benefit. induding the provision of libraries, cultural activities. leamirrfJ and Informat)rt tsrttres 8r7d other r81ated servi. Organisational strvcture The Board of Directors is responSie for maknng all strategic deosions. and normalty meats monlhly, eilher In person. or more recenly via videc¢onferencing. Unless partwlarly sensibve matters are under disujssion, Board meetings are open lo the public. During 2022 the Board u)ntinued to opwate a number of sp)fiC wothing group5, u)mprising a mixture of trustees. members, and staff. lo prowde adv£ on Fina, BuildiNJ. Personnel. and cMunICatIOns. These grotsps report to the Board Meetings. Day to day managemenl of the actwitses of the FWI and ancillary lsure facilities are delegaled to the Operations Manager. who is not a director. Inducllon •nd tralnlng ol new Irustees A Trustees. Handbk has been drawn up. to assist in adVIn9 new trustees and members of their spOnSIbl1111es.
JESMOND COMMUNITY LEISURE TRUSTEES. REPORT (INCLUDING DIRECTOR'S REPORT) (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022 Statement of tnjstees. responsibilitles Th8 Iwslees, who are also the directors of JesmMd Community Leisure for the purF4)$0 of ¢(Ynpany law, aro responsible for preparing the Tnjstees. Retx)rt and the finanryal statements in accordance with apFlits1e law and United King¢Jom Ac¢ounling Stsrxlards (United Kirydom Generally Accepted Accounting Prath'cel. Company Law requires the trustees to piepare financial statements for each financial year vthich give a true and fair view of the stale of affairs of the charity and of the incoming resources 8n¢Y appltitwi of resources. in¢luding the income and expendiiure, of the dwrilable ccffipany for that year. In preparing these financTral ststements. the trustees are required to: - select suitable a¢country Edic then apply them consislenlly: - observe the meth(Js and principles in the Chartlies SORP; - make judg8m8nts and estimates that are reasonatAe aTrJ kvwlent state whether applicable UK Acc(xJnting Stsndards have been fcAlowed, subj.ect to any material depathres disclosed and &xplain8d in thè financial statements.. and - Ppare the financial ststements on the conc8m basis unless it is inapFryriale to presumè that the charity will continue in operatson. The tnjstees are SPOnsIe for keeyng adequale )Unting reeuts t11 disdose wth reasonaLqe ac¢uracy at any lime the finanual posibon of the charity and enable them to ensu that the fmanual statements comply wlth the Companies Act 2006. They are also responsible for safeguarding thè assets of the charity and hence for taking reasonable Steps f¢ Ihe prevenbon antj detè¢tk)n of fraud and other iwregularities. Auditor In accordance with the company's artKJes. a resolution prop*)sing that Robym Laay1 Accountsnts knmiled be reappointed as audiior of the corrwny wdl be pul at a General tl9. Dl$¢losure of Informatlon to audltor Each of the trustees has confirrned that there is no infornwtion of whth they are aware which is relevant to the audit, but of which the auditor is un8w8re. They have further confimed that they have taken appropriale steps lo identify sh rdevant nfomwlim and to eslablish that the auth.tor 15 aware of such infomiation. The trustees, rèpo s appro y the Board of Trustees. Mr MD Miller Trustee Date.. ZOZS
JESMOND COMMUNITY LEISURE INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF JESMOND COMMUNITh LEISURE Opinion We hav8 audttgd thg financial ststsments of JesnKNwJ Ccrfnmunity L8wr8 (the 'charity'l for the yoar endod 31 December 2022 which comprise the statement of finanoal activities. the balare sheet. Ihe statement of ¢a$h flows notes to Ihe financial statements. tncluding significant accounting Oicies. The financAal pOrting framework Ihal has been applied in their prep8ratKJn is appluble law and Unrted Kingdom AUntIng Slandards, including Financial Reporting Standard 102 Th8 Financial Repc¥ng Slondard appli¢abl8 iii the UK and Repul)lic of Ireland Iunited Kir¥Jdom G8neTalty Accepted Accounting Pradicel. In our op4nion, the financrdl statements= give a true and fair view of the stsle of the ¢harilable ccthpans affairs a$ at 31 December 2022 a)d of its incoming resources and apF4ution of res(wJrces. induding rts income and expenditure, for the year thon have been Property prepared in a¢cordarKe wih United lfjngdom Generalty ApIed Accounting Practice: and hav8 b88n wepar8d in accordance with the requrements of the Companies Acl 2006. Basis lor opinion We conducted cmjr audit in a¢conlan¢e wrth Intemationol Stsrthrds on Audthrvj (UK) (ISAS IUKI} and aprAi¢abl8 law. Our responsibilities under those standards are fijrther described in the Auditors sponSIbl1rtS for tlje audit of the finan¢Aal statem6nt$ 8ects.on of our rert. We are indeFendenl of the thanty in accordance wth the ethical requirements that af8 relevant to our audit of tho finan(#al slatemènts in the UK. induding Ihe FRC'S Ethical Standard, and we have fulfilled our other ethtcal responsibilittes in acCordare wiiti these requirements. We believe that th8 audit idence we have obtained is suffiryent and 8ppropriate to prowde a basis for our opinion. Concluslons r•latSng lo going eone•m In auditing the financial statements. we have corKaMJed that the trustees. use of the going con(m b8Si8 of accounting in the eparat of the finan(ial statements is approyiate. Basgd on thg work we have Perf0m. we have not identsfd any material uncertawities relating to events or conditions that, irKliv¢dualty or collectively. may cast 9ncan1 doubt on the charity's ability tr) continue as a going concern for a periJ of al least Iwelve mnths from when the finanraal statements are authorised for issue. ¢)Jr $r)nsIbIlities and the responsibilities of Ihe trustees with respect to going f•)neem are described in the relevant sectK)ns of this pOrt. Other Infornlatlon The other infomiation MpriSeS the informab'on Fnduded in Ihe anrKwl report other Ihan the financial ststements an¢J our auditorfs report there. The trustees are reS$•ble for Ihe other infomiation contsined within the annual report. Our opinion on the finarrial statements does not cover the other information and. except to the exient olherwise ewicitly staled in our report, we do not express any fomi of assurance condusion thereon. Our responsibility is to lead the olher infomati(Y* and, in doing so. ¢onsidor wh8th8r Ihe other information is materially inconsistent with the financial slatements or our knowledge obtained in the course of the audiL or otheNise appears lo be materially misstated. If we identify ch material incon515tencie5 or apparent material misstatements. we are require¢J to detemine whether this gives rise lo a maten.al mis5tstemenl in the finan¢ial statements them5è1ves. If. based ¢)n the work we have perforn. we condude thal Ihere ts a ma¢eriaS misslatement of Ihis other infomalion, we are required lo report that fact. We have notrmng to rewrt in this regard. Opinlons on other mattws prescribed by the Compani•$ Act 2006 In oui opinion, based on the wotk undertaken in the ccwjrse of c4Jr audit.. the inforniation given in the trustees. rewrt for Ihe financkal year for the financial statements are prepared. which indu¢Jes the diredors, 1X}rt wepared for the pu0$¢$ of rnPany law, is consistent with the financ¢al statements., and Ihe direct¢ys' re[ induded within the Iwstee5' report has been ppad ¥) accordan with applicable legal requirements.
JESMOND COMMUNITY LEISURE INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF JESMOND COMMUNITY LEISURE Matter$ on which we are required to report by •x¢eption In the lohl of the knowledge and understanding of Ihe charty arKI its environment obtsined in the course of the audit, we have not identified rnateri81 misslatements in the directots, reFth included within the trustees, report. We have nothing to rem tn resict of Ihe following malleis in reLqti(m lo which the Ccrfnpanies Act 2(M)6 requires us to r8POrt to you rf. in our opinion= adequate accounting reeords have rK>t been kepl or retums adequate for our audit have not been received from bran¢hes not visitod by us.. or the finanaal statements are r¥)t in agreement with the accounting recLds and retums.. or certain ¢Jisdosures of trustees. remvneralion skwfied by law are not made: or we have r1 received all the information and exana)n$ we wuire for CHJr audit: or the trustees were r1 entitled to prepare the financial statements ac£ordance wlh the small companies regime and take advantage of the small companies. eXeMpn5 in preparing the truslee5' report and from the requirement to prepar6 a strategic reFK¥t. Re$ponsiblliti•s of Irust8es As explained more fully in the ststemenl of trustees. pOn&.1rtts. the trustees. who are also the directors of Ihe charity for the purpose of cTrnpany law, a wkTrisible for tho preparation of the financial slatements and for being satisfied that they give a true and fair view. and for such internal control as the tnJstees determine i8 necessary to enable the preparatn of financial ststements that are free from materTral misstatement. whether due to fraud OT error. In preparing th9 finanaal stat8ments. Ihe Iru$tees ar8 responsfbte for assessing tho chartty's ability to continug as a going conrn. thsdosing. as applICae. matters related to going concem and using the going concefn basis of accounting unless the irustees either intend to hquidate the charitable Company or to coase operations, or have rn realistic atemative fjut to do $0. Audltorfs responsibilities for the audSt of th• fln•nclal s&th•nts Our objectives are to obtain reasonable assufance about whether the financial statements as a whcle are free from material misststement. whether due lo fraud or error. and to issue an aud¢torfs report that indudes our opinion. Reasonablè assurancè is 8 high level of assurance but is not a guarantee that an audit eThdt8 in accordanc with ISAS IUKI will always detect a material misstatement when r( exists. Misstatements can arise from fraud or error and are considered material rf, indiwdually or in the aggregate. Ihey could reasonabfy be expecte¢J lo influence the economic decisaons of users taken on Ihe basis of these finanual slatements. Irregularities, induding fraud. are Mistsnces of nOrt<[Alance wrth laws and regulations. We design procedures in line with t)ur responsitxlitss, lIned above. to delect material misststam8nls in Spect of irr8gularitiès, including fraud. The oxtent to which ow procedures are Pable of detecting iffegularits. including fraud is detailed below.. The risk of material misslalement due to effor tr fraud has been assessed ITr conjun¢tion th how intemal controls m8y mitigate any such risk. These controls aw rewewed as part of Ihe audbt by pertom)ing systems walkthroughs lo ensure they are operatiro effecb"vdy. Other substantive testing is also perfomied on all material balance5 and therefore any instances of non<omtAiance shwld be idenbfie(l ¢ (sidered as insignffic8nt. Manual joumal Èntries are s¢rutinis8d by data analylics SOfare as part of thè audit. The laws and regulations whieh are IsIdered to be gnificant to the entty ralate to health and safety. Discussions 8re held with man8gement to detemiine whelher any te8ches have rred as well as le981 expendrture being SCTulinised for any evidence on non-cOMlance. The audit was considered ¢8pable of identrfying ial&lle8 onty to the extent of the substantive lesting performed and from discussions wrth management. A furthef tlescription of our ponsIbIlIe$ 15 available on tho Finan(xal ReFKwting Crn1's websit& al: httpsjl vMN.fr¢.org.uklauditofsresp0nbllitles. This descripb.on forms part of our at(¢S rep)rL
JESMOND COMMUNITY LEISURE INDEPENDENT AUDrroR'S REPORT (CONTINUED) TO THE MEMBERS OF JESMOND COMMUNITY LEISURE Use of fr report This report is made solely to the charitable )mpaS memtrs. as a Ixxty, in accrydan wilh Ch8Ptw 3 of Part 16 of the Compantes Act 2006. Our audit wk has ten undertaken so that we might state to the charitsble company's mernbers th)se matters we are required to state to them in an auditorfs reFNt and for no other purpose. To the fullest extent pem)itted by law. we do not accept or assurr responsibility lo anyone other than the charitable company and the charitable compan$ rnember5 85 a body. for our •Jdil work, for this report. or for the opinions we have formed. Ml¢ha¥l T Moran 8A FCA ISeni¢r Slatut¢ry Auditor for and on behalf of Robson LaidlerAccouThtants Limited Statutory Auditor FeMW( Road Jesmond Newcasue Upon T Tyne and Wear EngLand NE2 1TJ 10-
JESMOND COMMUNITY LEISURE STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITUREACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2022 Vnrestrlcted Unrnstrlcted funds funds 2022 2021 ndowments fr Donations and legaues Charrtable actrvib.es Other trading activities Investments Other income 10.159 836,661 24.854 3.850 133,922 499,442 14.873 2.912 140.638 Total Irb¢•m• 875.524 791.787 Ex enditure o Raising funds 14,486 13.873 Swimming and leisure activits$ 691,390 717,018 Total resourc expended 705.876 730,891 Net income for thfr yearl Net movernent in funds 169.648 60.896 Fund balances at 1 January 2022 1.698.650 1,637.754 Fund balanc•s al 31 De¢emb¢r 2022 1.868.298 1.698,650 l income and expendilufe derive fr(Mn continuing acthwtss. 11
JESMOND COMMUNITY LEISURE BALANCE SHEEr AS AT 31 DECEMBER 2022 2022 2021 Fixed assets Tangible assets 10 1.077.336 1.038,802 Current a$$ets Stocks Debtors Cash at bank and in hand 4.193 16.841 806.845 993 14.002 669,774 11 827,879 684,769 Credltors: amounts falllng du• withln one year 12 (36.917) (24.9211 Nel currenl assets 790.962 659.848 Total a55ets less CUTvent Ilabillties 1.868.298 1.698.650 Income funds Unrestn'cted fiJnds- Capital funds General unrestiicted fvnds ne 13 1.368.298 1,698,650 1.868.298 1.698.650 1.868.298 1,698,650 The financi slalemenls app by theTfuslees ...................... zDaJ Mr MD Miller Tru$lee Company Reglstratlon No. 02645699 12-
JESMOND COMMUNITY LEISURE STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 DECEMBER 2022 2022 2021 Notss Cash flows from operallng adivltles Cash generated from operations 17 242,391 130,517 Investing 4Ctivitles Purchase of tangle fixed assets Proceeds from dlsposal of tsngible fixed {111.6701 112,397 2.500 3.850 Investment income Trceivgd 2.912 Net cash usod In Inv•stlng actlvltl•s {105.320) 19.4851 Not ¢#sh used in financin9 act5¥it•es Net in¢rea8e In cash and ¢a8h equivalents 137.071 121,032 Cash and cash equivalents at beginning of year 669.774 548,742 Cash and cash equival•nts at •nd ol year .845 669.774 13-
JESMOND COMMUNITY LEISURE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 A¢counting pollcS•$ Charity infornHtlon Jesmond Ccnmunity Leisure is a Privaie company limited by gLtarantee, Irrated in England and Wales. Icornpany number. 026456991 and also a registered charity (charity numbèr.. 1010563). The address of its islered office is disclosed in the Reference and Administrats"on D&tsils section of these financlal slalements. 1.1 Accountlng conventlon The financial stataments have been prepared in accordance with the tharitys governing document. the Companie5 Act 2006. FRS 102 Yhe Financial Reporting StarKlard applble in the UK and Rewblic of Iland. I'FRS 102.1 and the ChantE5 SORP "A¢¢ounting and ReForting by Charities.. Statement of Recommended Praciice applicable to tharities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and RepU1C of Ireland IFRS 1021. (effective 1 January 2019). The charity 15 a Puts4ic Benefrt Entsty as defined by FRS 102. The financial stslements are wepared in sterfin9. tthich is Ihe futiOnal currency of Ihe charity. Monetsry amounts in thw financial statements are rounded to Ihe nearest £. JefAFN)nd Community Leisure irneis Ihe (1effinibM of a publlc benefft enw enty und8r FRS 102. Assets and lialitIeS are initially recogiwse¢l at Worical (x)st or tran$adn value unless OtheThSe stated in the relevant accounting policy note{s). 1.2 Going ¢on¢ern The financial statements have been prepared on a wng concem baw cn the grounds that cuffent and future sources of funding or support will be more than adequate for the charitys needs. The Tru5tee5 have considered a period of 12 months the balance sheet date and consider rm) further disdosuies relating to the ¢hawiVs ability lo continue as a going concem need to be made. 1.3 Charltabl• fvnds Unrestricted funds are available for use * the discrelion of the trustees in fUrtheTare of the ¢haiitable objectives. Reslricled lunds are subject to SFeofic conditions by donors as to how they may be used. The purposes and uses of the restricted lunds are set out in the rK)tes to fal ststoments. Endowment funds are subpd to S[rtif c¢Jnditions ty dorwxs that the c8Prtal must be maintsined by the harity. 14-
JESMOND COMMUNITY LEISURE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022 Ac¢ounling polici•s (Continued) 1.4 Income All income is regnised in the Ststement of Financial Adiviti8s once the charity has entitlement lo thg fvnds. it is probable that the incLNne witl be receivfjd and the affnunt can be measured reliably. Fees represent income receivable from the prwsion of swimmiry. sports and leisure actNibes to individuals and or9anisations on a pay for use basis. SubxriptK)ns atMI lesson fees receNed in a¢Jv8nce of the peii¢)d lo which they relate are deferred to lh8 r818vant Voluntary inrne is TerEived as gr8nts and donats"ons. Afi monetary donalions and grants are include(J in full in Ihe Ststement of Financial Actrwtses when receKvabl&. prowded there is no donar imw)sed restrith'on as lo the timing of the related exlture. in which Case recc3nition is deferred until the pre-¢onditK)n has been Grants receivable for fixed assets a cwlrted to Trstricted funds until the asset is purchased, al whid) point they are transferred to unr$stricted funds unless the grant provider has induded additional restrictions. Grfts in kind for use by the charity are valued at the estimat8d (1 which wodd have been fftcurred by the charity. Investsngnl Incoma o)mprises bank and buildÈro $iety interest and is re¢ognwd when receivable. 1.5 Expenditure LiabIlitS are recognisad as 8xp8ndittw8 as soon as there is a Iogal or constnKve oblytion o)mmitting tha chaftty lo that expenditure. it is probable that a transfer of economic Lnefits will be required in settlement and the amount of the obligation can be measured reliably. Expentliture is acc(KJnled for on an accruals basss and has been classified under headings that aggregate all cost related to the category. Where costs cannot bg diredy attributed lo particular heading5 they have been alk¥cated lo acbwts"e5 on a basis c4)nsi51enl with the u$e of resources. Support costs are I1e costs that car1 be direLly alhxated to a chavitable ath"vity. They Inle all central and management costs and administrab.on ovethead$. Support costs are apportK)ned beeen the charitsble activities on a basis consislent lh8 use of resrCeS. Govemance costs are those costs associated Vith the c0nststunal and slatutory. requirements of Ihe charitable company. The charitable company is not regisiered for VAT a¢ctyingly the (x)sts org slw indusNe of VAT where applicable. 1.6 Allo¢ati¢)n and apporti(Mment of costs Costs allocated to adivrties comprise tw costs incutr•l directy relate to that activity. log&ther with an appropriate proportwjn of support costs. 15-
JESMOND COMMUNITY LEISURE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022 Accountlng polici•s (Contlnu•dl 1.7 Tanglble flxed assets Tangible fixed assets are inilially measured al cost aTrJ subsequenlly measUd al cost or valuation, net of depreciab.on and any impainnent losses. Depreciation is reccgnised so as to lte off Ihe cosl or vdualion ol assets less Iheif residuaj vajues over their useful lives on the following bases.. Leasehold building improvements Pool an¢J sports equipment Fixtures and fittings 10 to 80 year5 3 10 5 years 5yea The gain or loss arisrvJ on the thsposal of an asset is detemiined as tt)e difference beeen the sale proco8ds and the carrying value of the assel. and is recognised in the statement of financial acttvrties. The charitable coryary adopts a Fdicy to capitalise am relevant exFenditure on assets costing in 8x¢gss of £350. 1.8 lfflpaimi•nt of Ilx•d ass•ts At each reporting end d8te. the dwrity vIewS Ihe Carwng amounts of its tarwjible assets to detemine whether there is any indication that those assets have suffered an impaimient Ioss. 11 any such indication exists. the recoverable amounl of the asset is estimated in order to determine the extent of the impairment loss (if 8nyl. 1.9 Stocks Stocks are valued at the knwer of cosl arKI net reai&*4e vdue. after making due allowance for obsolete and Slow moving iterns_ 1.10 Cash and ¢ash 8qulval•nts Cash and Cash equivalents indude osh in hand, dekh)sts hdd 81 Call th bths. other short-lem Iiqu1d investm8nls with original maturitÉes of threè months or less. and bank overdrafts. Bank overdrafts are shown within bofrowings in current liatm'lities. 1.11 Taxation As a charity. the panY is exempt from tax on income and gans to the extent Ihat these are awjlied to its charilable objects. No lax charges have aiisen in Ihè chanty. 1.12 Rellremènt bendlts The tharitable company operates a defined contribution pension scheme. Contn"bUtnS payable to the charitable company's pension scheme are chwged to the Statement of Financyal Activities in the period to which they relate. 1.13 O•btors due within one year Trade and other debtors are reccgnised at the settlement arUnt after any trade discounts offered. Prepayments are valued al the amount prepaid net of any trade discounts due. 1.14 Cr•dltors and provlsions Creditors and piowstons are recognised in full where the charitable company has a present Oblation arising frorn a past event that will probably result in Ihe ifansler of fijnds to a Ihird paity the amount due to setlle the Otl9atIOn can be rneassJTed or estimated reliably. Credrtors and provisions are ncffmally Tecrynised at their s8lllemenl amount afief auowing any trade discwnts due. 16-
JESMOND COMMUNITY LEISURE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022 Donations and lega¢ies Unre$trl¢ted Unrestricted funds funds general general 2022 2021 Donations and gifts Grants 6.469 3,690 5.798 128.124 10.159 133.922 NewcaSe City Councsl - Best Summer Ever Newcastle City Counril - Winter Recovery FurKI New¢asUe Cty Council - Nattonal Recovery Fund National Lottery Community Fund Northumberland Business SeNirM Limited 9.400 38,964 42,000 36.200 1,560 3,690 128.124 Chafitable activlties SublI1•n$ Fees Sub8crfptton$ Total 2021 2021 Swimmlng and leisu activities 188.321 836.661 380.508 118.934 499.442 Other trading a¢ti¥its•s Unrèstrlctèd Unrestricted funds funds genera5 general 2022 2021 Trading activities 24,854 14.873 17-
JESMOND COMMUNITY LEISURE NOTES TO THE FINANCIAL STATEMENTS (CONTINUEDI FOR THE YEAR ENDED 310ECEM8ER 2022 Raising fvnds Unrostricted Unreslricled funds funds general general 2022 2021 0th9r tradw activibes Swimming equipment Vending machine purchases 13,020 8.538 5.335 14,486 13.873 Swimming and l•l$urn aclivi11os Swimmlng Sw5mmlng and leisure and leisure activitl•s artiviti•s 2022 2021 Staff costs Dep¢1311 and impairment Chemicals and deaning Rant, rat8s and Insurance Light and heat Activities and semces Maintenance and equipment Licences and equipment hire other vunning costs Staff expenses Profil and loss on dFsposal of fixed assets 379.329 73.136 12.758 16.935 44,847 50.069 19.675 10,605 6,920 8.163 12.5W) 319.378 76,363 6,024 19.778 30,291 45,145 129,477 9,183 4,909 3,535 13,832 619.937 657.915 Share of support costs (see note 7) 71.453 59.103 691.390 717.018 18-
JESMOND COMMUNITY LEISURE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022 Support ¢o$ts Support Govem•n¢e costs 2022 Support Governance costs ¢o$t$ 2D21 Staff costs Bank and card charg8S Telephone Postage arKY slationery Advertising Bookkeeping Auditors remuneTatiL 41,152 11,024 3,111 2.126 5.446 3,194 5.400 41.152 11.024 3.111 2.126 34.226 7,755 2.293 834 5.710 3.365 4.920 34.226 7,755 2.293 5,710 3.365 4,920 3,194 71.453 71.453 59,103 59.103 Analysed botween Charitable aclivities 71.453 71.453 59,103 59.103 Trustees None of the trustees (or any persons connected them) rKei¥ed any remunwati¢)n or ben8ftts from th8 charity during the year. Employees The 8ver8oe fmnthty number of employees during Ihe yearwa& 2022 Numb•r 2021 Number Teachers and coaches General staff Management arKI administrat Totsl Employment costs 2022 2021 Wages and salaries Social security costs Other pension costs 388.232 19,220 13,029 327,405 14,068 12,131 420,481 353.604 19-
JESMOND COMMUNITY LEISURE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED> FOR THE YEAR ENDED 31 DECEMBER 2022 Ernployees. (Contlnuedl The average number of persons emp4oyed by the dwillab company during tr year was SO (2021.. 34) and the average monttly number of employees during the year oxpressed as full tim8 equivalents is detailed above. The mUneration paid to key management perscyml ofthe clkvrtable company in the year amounted to £49,681 12021-. £52.2111. There were no employees wh)se anr1 rernunerati( was rrmye than £60.0W. 10 Tangible fixed assets L••541¥ •rtd Fixtm and bulldl ProveThts equipn•nl T*)tal Cost At 1 January 2022 Additions Disposa15 1.887.530 12.441 436.402 91.750 1122.1881 78.043 7.479 2.401,975 111,670 1122,188 At 31 Decomber 2022 1.899.971 405.964 85.522 2.391.457 Deproclatlon and knpainn•nt At 1 January 2022 Depr9ciation charged in the year Eliminated in respecl of disposals 895.487 46.337 404.378 19,033 1122.1881 63.308 7.766 1.363.173 73,136 1122,188} At 31 December 2022 941.824 301.223 71.074 1.314.121 Carryin9 amount At 31 December 2022 958.147 104.741 14.448 1,077,336 At 31 D8c8mb8r 2021 992,043 32.024 14,735 1.038,802 11 Debtors 2022 2021 Amounts falling due within one year. Trade deblors Other debtors Prepayments and Ld income 8.757 28 8.056 5.626 8.376 16.841 14.002 -20-
JESMOND COMMUNITY LEISURE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022 12 Creditors: amounts falling due within one yèar 2022 2021 Other taxation and socaal sectrity Trade creditors Other creditors Accruals and deferred income 6,366 11.484 10,427 5,339 8.730 2,082 8.770 36.917 24,921 13 Designated funds The income funts of Ihe charity include the fdlcywiTr3 gnated fvnds Which have been sot aside out of unrestricled funds by the truslees for specific purtM)ses: 8aSante at 1 January 2022 Tr•nsfvrs Bnre •t 31 Dècèmb•r 2022 Capitsl lun s,000 500.C(JO 5CQ.000 5(K),OC4) Capltal fund This fund represents rnon set asth for future tpItal improverrnls. 14 Operating lease ¢omrnitinents Al the reporting end date the charity had outslanding commitments for future mmuM lease payments under n0cncelIable operating leases. whith fall due as fc4lows: 2022 2021 Within one year Between tsyo and fve year5 In over five years 4.000 67.250 68.250 72.250 73.250 15 Relatsd party transactlons A Injstee K Butct*r is an employee of a SupleT of insurdnce services lo the Charilab company. In the year to 31 Decembef 2022, Ihe cost of seryices provided was £5.56312021." £5,872). There wa5 a £nil balance due to the related paty al 31 December 2022. 21
JESMOND COMMUNITY LEISURE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022 16 Ultlmat• ¢ontrdling party The charity is uThler Ihe control of the ly)ard of twstees. 17 Cash g•ner•tsd from operallons 2022 2021 Surplus fcy the year 169.648 60,896 Atljvstments for Investment income recognised in s&ement of financial activilies (Galnyloss disposal of tsn9•e fixed assets Depreciation arbl impairment of tangible fixed assets 13,850) 12.5001 73.135 12.9121 13,832 76,363 ovements in wothng capttal: Iln¢reaselldecrease in stocks Iln¢reaseydecrease in debtors Increaselldecreasel in credrtors 13.200} (2.838} 11.996 2,115 1,183 120,960} Cash generat•d from operations 242.391 130,517