2022-03-31-accounts - The Basingstoke And Alton Cardiac Rehabilitation Charity Limited

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Contents		Page
Directors, trustees, officers and	advisers	2-3
Trustees' Annual Report for the	year ended 31March 2022	4-10
Independent Examiner's Report
Statement of Financial Activities		12
Balance Sheet 31March 2022		13
Cash flow statement for the year ended 31March 2022		14
Notes to the Financial Statements		15-26
Detailed Statement of Financial	Activities	27-29

			Note	Unrestricted	Restricted	Total	Total
				Funds	Funds	2022	2021
				E	E	E	E
Income and Endowments	from:
Charitable activities
Provision ofexercise facilities				132,833	5,661	138,494	172,033
Trading and fundra ising				102,862	1,898	104,760	74,683
Donations and legacies				133,516	145,676	279,192	201,690
Investment income				36		36	24
Tote I Income				369247	~1235	~522 4
Expenditure on:
Cost of raising funds			7	112,537	1,669	114,206	61,077
Charitable activities
Provision ofexercise facilities			7	296976	58473	355449	278 057
Total Expenditure				~409 513	60 142	469 655	339134
Net income/(expenditure)		for the year		(40,266)	93,093	52,827	109,296
Net gains/(losses) on investments				29,910		29,910	52,702
Transfer between Funds				(3,150)	3,150
Net movement in funds	for	the year		(13,506)	96,243	82,737	161,998
Reconciliation ofFunds:
Total Funds brought forward					4	~	RVK
Total Funds carried forward				805 752	~11 83	~937
All activities are classed as	continuing.

alance Sheet as	at 3	1March 2022
			Note	Unrestricted	Restricted	Total	Total
				Funds	Funds	2022	2021
				g	f	E	f
Fixed Assets
Tangible fixed assets			10	320,990	62,327	383,317	350,783
Intangible fixed assets			10	20	9,332	9,352	4,301
Investments			11	~355073		355073	~325 163
				6~76083	71659	747 742	680247
Current Assets
Stocks			12	882		882	1,336
Debtors: amounts	due within one year		13	10,819		10,819	33,299
Cash at bank and in	hand			161330	~59924	221 254	~232 671
				173,031	59,924	232,955	267,306
Creditors: amounts	falling due within one
year			14	~43 362		~43 362	92 955
Net Current Assets				~12 669	59924	189593	174351
Total Assets less Current		Liabilities		805,752	131,583	937,335	854,598
Net Assets				8~05 752	1 1583	7335
Funds
Restricted funds			15			131,583	35,340
Unrestricted funds			15			805752	~8192S8
TotalFunds						~937 335

Cash Flow Statement for year	ended	ended	31March 2022
					Table	2022		2021
							f	f
Cash generated from operating activities:
Net cash provided by (used in) operating		activities			1	46	583	~133398
Cash flows from investing activities:
Cash flows from other sources:
Bank interest received							36	24
HSBC Bounce Back Loan								50,000
Proceeds from sale of Investment						298,230		25,000
Application ofcash:
Payment for tangible fixed assets						(50,865)		(9,312)
Payment for intangible fixed assets						(7,170)		(990)
Payment for investments						~298	230	L225000
Net cash provided by (used in) investing		activities				57	999	39722
Cash flows from financing activities:
Movement in intercompany balance
Net increase/(decrease) in cash:						(11,416)		173,120
Cash at bank and in hand at 1April 2021						~232	670	59 550
Cash at bank and in hand at 31March 2022						~221	4	~232 70
Table 1:
Reconciliation of net income/(expenditure)			to net cash flow from operating		activities
						2022		2021
							g	f
Net income/(expenditure) for the reporting			period (as per the Statement	of
Financial Activities)						82,737		161,998
Change in market value ofinvestments						(29,910)		(52,702)
Depreciation charges						20,226		17,411
Interest received							(36)	(24)
Loss/(profit) on the sale oftangible	fixed	assets					225
(Increase)/decrease in stocks							454	439
Decrease/(increase) in debtors						22,480		(1,046)
(Decrease)/increase in creditors						~49 593		~7322
Net cash provided by / (used in) operating			activities			~46	583	~133398
The notes on pages 15to 26 form part ofthese financial statements.

ome from	Charitable A	ctivi	tie	s
					2022	2021
					E	E
Exercise classes					108,775	29,781
Course fees					744
Room hire					2,780	1,178
Income from	HM Government	re	COVID (grants)		18,600	41,329
Insurance Claim re COVID						62,732
Other income					~1934	1
Unrestricted	income				132,833	135,021
Restricted income: HM Government				re COVID (furlough)	5 661	~37012
Total income	from charitable	activities				~1720
ther ancillary activities
					2022	2021
					E	E
Event takings					55,977	30,058
Grand draws					19,356	20,845
Sales					8,768	4,856
100Club donations					4,286	4,259
Flag days and	collection tins				1,091	104
Lottery					~13384	13561
Unrestricted	income				102,862	73,683
Restricted income: Events takings					1898	1000
Total income	from other ancillary		activities		~47	74 683

5	Donations and Legacies	Donations and Legacies
					2022	2021
					E	6
	Regular giving				9,080	11,238
	Donations and gifts				18,767	53,803
	Legacies				54,499	50,939
	In memoriam				12,170	4,909
	Trusts and Foundations				39000	39880
	Unrestricted income				~133516	160769
	Restricted income —regular		giving		960	960
	Restricted income —legacies				4,000
	Restricted income —services		provided	in kind	33,164	16,508
	Restricted income —Statutory grants				3,000	1,550
	Restricted income —Trusts	and Foundations			104552	21903
	Restricted income				145676	40921
	Total income from donations		and legacies		~27 2
6	Investment income
					2022	2021
					E	E
	Bank interest receivable				36	24
					36	24
7	Expenditure
	Costs ofgenerating funds
					2022	2021
					E	E
	Staff costs				37,363	32,381
	External Fundraising costs				48,046	10,771
	Publicity and marketing				8,925	3,953
	Events expenses				12,008	6,170
	Merchandise purchases				4,647	2,126
	Support costs				1548	~1202
	Unrestricted				112,537	56,603
	Restricted: Staff costs				1669	~4474
	Total costs ofgenerating	funds			~114206	~177

xpenditure (co	ntinued)	ntinued)
Costs ofcharitable	activities
				2022	2021
				6	E
Provision ofexercise facilities:
Staff costs				155,076	108,941
Rent, rates and water				2,545	258
Insurance				4,040	3,955
Light and heat				7,972	4,184
Telephone				2,217	2,474
Postage, stationery and		printing		3,681	3,609
Sundries				180
Cleaning				8,538	4,168
Repairs and maintenance				9,877	6,967
Health and safety				74	1,909
Subscriptions				1,071	978
Travel expenses				186	42
Staff recruitment				1,227	342
Bank charges				2,109	993
Staff refreshments				1,019	29
Staff uniforms				60	126
Training				457	762
Physical training	instructors			67,371	51,985
Health programme expenses				478	895
Course expenses				140
ITcosts				11,662	11,796
Doubtful debts				1,050
Depreciation				11,155	11,448
Loss on disposal oftangible assets				41
Support costs				~4750	5308
Unrestricted expenditure				296976	221169
Restricted expenditure
Salaries: Administration				3,442	26,923
Salaries: Health Programme				1,391	5,616
Cardiologist fees				27,600	7,650
Physical training	instructors			8,562
Staff training				652	900
Gym equipment	maintenance			1,723	1,478
Gym equipment				784
Loss on disposal	ofrestricted assets			184
Depreciation on	restricted assets			9,071	5,963
Support costs —services		provided	in kind	5 064	8358
Restricted expenditure				58473	56888
Total costs ofcharitable		expenditure		355449	27 7

					2022	2021
					E	E
Support costs
Support costs ofgenerating			voluntary	income	1,548	1,202
Support costs ofcharitable			activities		9814	13666
					~11362	14868
Governance	costs included		in Support	costs	2,926	2,066
Net incoming/(outgoing)		resources for the year is stated after charging:
					2022	2021
					E	E
Depreciation	—owned	assets			20,226	17,411
Independent	Examiner's fee				2,900	2,040

mployee inform	ation
		2022	2021
		E	E
Total staff costs	comprise:
Wages and salaries		187,198	169,201
Social security costs		7,775	5,625
Pension contributions		3953	~3509
		~198926	~178335
Cost ofgenerating	funds: staff costs	39,032	36,855
Cost ofcharitable	activities: staff costs	~159894	~141480
Total staff costs		198926	~178335

Comparatives for	th	e Statement	of Financial	Activities	Activities
				Unrestricted		Restricted		Total
					Funds		Funds	2021
						E	E	E
Income and Endowments		from:
Charitable activities
Provision ofexercise	facilities			135,021			37,012	172,033
Trading and fundraising					73,683		1,000	74,683
Donations and legacies				160,769			40,921	201,690
Investment income					24			24
Total Income							78933
Expenditure on:
Cost of raising funds					56,603		4,474	61,077
Charitable activities
Provision ofexercise	facilities			221 169			56 88	278 057
Total Expenditure				277 772			61362	339134
Net income/(expenditure)		for the year			91,725		17,571	109,296
Net gains/(losses) on	investments				52,702			52,702
Transfer between Funds					(131)		131
Net movement in funds		for the year		144,296			17,702	161,998
Reconciliation ofFunds:
Total Funds brought	forward						~17638
Total Funds carried forward							35340
Fixed Assets
Tangible Fixed Assets
			Leasehold	Fitness		Office	~Com uter
			~Pro ert	~Eui ment	~Eui ment		~Eui ment	Total
			E					E
Cost
At 1April 2021			458,918	68,437		40,909	19,179	587,443
Transfers
Additions			35,105	6,303		7,280	2,177	50,865
Disposals						~3400	~675	~4075
At 31March 2022			494023	~74 740		44789	20 681	634233
Accumulated depreciation
At 1April 2021			129,436	64,973		33,869	8,381	236,659
Transfers
Charge for the year			9,295	2,256		2,991	3,565	18,107
On disposals						~3400	~450	~3850
At 31March 2022			138731	67 229		~33460	~11496	~25 916
Net book value
At 31March 2022			~355 292	7511		11329	9 185	~383317
At 31March 2021			329481	3464		~7040	10798	350 783

ixed Assets (continued) ntangible Fixed Assets
	C~om uter
	Software	Total
		f
Cost
At 1April 2021	7,752	7,752
Additions	~7170	7170
At 31March 2022	~14922	14922
Accumulated depreciation
At 1April 2021	3,451	3,451
Charge for the year	2 119	2 119
At 31March 2022	5570	5 570
Net book value
At 31March 2022	9352	~9352
At 31March 2021	4301	~4301

uoted inve 022:	st	ments	held in	CC	LA CO	IF Ch	arity Investment	Fund and CCLA C	OIF Charity Fix	ed I	nterest Fun	d at31March
							Ethical	Investment	Fixed		Tota I	T ta
							Investment	~Fn	Interest
							Fund		Fund
							2022	2022	2022		2022	2021
							f	f	f		f	f
Market value		at beginning		of	the year			274,503	50,660	325,163		272,461
Acquisitions		at cost					298,229			298,229		25,000
Sales at market value								(298,229)		(298,229)		(25,000)
Net unrealised			profit/(loss)			on	8487	~23 726	2 303		29910	~52 702
revaluation	at end ofyear
Market value		at end	ofyear				30671		48 357	~37		~51 3
Analysis of	investments
											2022	2021
Investment	Fund										Asset	Asset
										~ll	tio	allocation
Overseas equities											64.1496	67.2396
Infrastructure		and operating			assets						9.0696	9.1296
Cash											8.5296	4.839o
UK equities											8.5096	9.8996
Property											4.589o	3.9096
Contractual	and other income										2.769o	2.6896
Private equity and other											2.449o	2.0196
Fixed interest												0.349o

11	Investments held as fixed assets (continued)	Investments held as fixed assets (continued)	Investments held as fixed assets (continued)	Investments held as fixed assets (continued)	Investments held as fixed assets (continued)	Investments held as fixed assets (continued)
								2022	2021
		Fixed Interest Fund						Asset	Asset
							allocation		allocation
		Non-Government	Bonds					63.19%	61.12%
		Government Bonds						34.95%	37.78%o
		Cash						1.86%o	1.10%
		Total					100.00%		100.00%o
12	Stocks
								2022	2021
								E	E
		Merchandise							~1336
13	Debtors: amounts			falling due within one		year
								2022	2021
								g	g
		Prepayments and accrued income						8,749	33,186
		Other debtors						2070	113 ~29
14	Creditors: amounts			falling due within one year
								2022	2021
								E	E
		Trade creditors						12,578	6,187
		Other taxation	and social security					2,797	2,375
		HSBC Bounce Back Loan							50,000
		Other creditors						1,506	682
		Deferred income						26481	~33711
								43362	92955
	The deferred income creditor as included				within	the accrual and deferred income	relates to	exercise	tokens
purchased		during the year not yet utilised, the movement				is shown below:
								2022	2021
								E	E
		Balance at 1"April 2021						23,206	16,132
		Exercise tokens	purchased					21,471	36,855
		Exercise tokens	utilised					~26048	~29781
		Balance at 31"March		2022				18629	~23 206

Annu	al Report and	al Report and	Financi	al Statem	ents for the	year ended	31March	2022
15	Movement		in funds
				At 1	Net	Transfer	At 31	Net	Transfer	At 31
				April	movement	between	March	movement	between	March
				2020	in funds	funds	2021	in funds	funds	2022
					2021	2021		2022	2022
					E	f		E	E
	Unrestricted	Fuds
	General Fund			251,141	144,427	(52,596)	342,972	(10,356)	(14,331)	318,285
	Designated	funds:
	Tangible Fixed		Asset
	fund			338,661		(10,873)	327,788		(9,141)	318,647
	Capital expenditure			55,000		1,178	56,178		20,322	76,500
	Health Programme
	Fund			30160		~62 160	92 320			92320
				674962	~144 427	~131	819258	10356	3 150	805752
	Restricted	Funds
	Restricted funds			17638	17571	131	~35340	93093	3150	~131583
				~17 638	17571	131	~35 340	93093	3150	131583
	Total Funds							82 737		~97 335

					Net	Transfer		Net
			Incoming	Resources	movement	between	movement	in
			resources	expended	before	funds	funds
					transfer
			2021	2021	2021	2021	2021
			E	E	E	E		E
Unrestricted		Funds
General fund			422,199	(277,772)	144,427	(52,596)	91,831
Designated	fund:
Tangible Fixed Asset						(10,873)	(10,873)
Capital expenditure						1,178	1,178
Health Programme
Fund						62 160	62	160
			4~22 199	277 772	~144427	131	~144	296
Restricted	Funds
Restricted funds			78933	~61362	17571	131	17	702
Total Funds			501132	339134
			Incoming	Resources	Net	Transfer		Net
			resources	expended	movement	between	movement	in
					before	funds	funds
					transfer
			2022	2022	2022	2022	2022
			E	E	E	E		E
Unrestricted		Funds
General fund			399,157	(409,513)	(10,356)	(14,331)	(24,687)
Designated	fund:
Tangible Fixed Asset						(9,141)	(9,141)
Capital expenditure						20,322	20,322
Cardiologist's		fund
			399157	409 513	10356	~3150	L113506
Restricted	Funds
Restricted funds			153235	~60 142	~93093	3 150	96	243
Total Funds			552 392	L44	82 737		82	737

					2022	2021
					g	E
Income and Endowments	from:
Charitable activities
Exercise classes					108,775	29,781
Course fees					744
Room hire					2,780	1,178
Income from HM Government			re COVID		18,600	41,329
Insurance Claim re COVID						62,732
Other income					1934	1
					132,833	135,021
Income from HM Government			re COVID —restricted		5661	~37012
Total income from charitable		activities				172
Other activities
Events takings					52,251	30,058
Grand Draws					19,356	20,845
Lottery					13,384	13,561
Merchandise sales					8,768	4,856
100Club donations					4,286	4,259
Corporate sponsorship					3,726
Flag days and collection tins					1091	104
					102862	73683
Restricted income —community			fundraising		1898	1000
Total Other activities						~74 683
Donations and Legacies
Regular giving					9,080	11,238
Donations and gifts					18,767	53,803
Legacies					54,499	50,939
In Memoriam					12,170	4,909
Trusts and Foundations					39000	39880
Unrestricted income					~133516	~160769
Restricted income —donations:			services provided	in kind	33,164	16,508
Restricted income —regular		giving			960	960
Restricted income —legacies					4,000
Restricted income —Statutory			grants		3,000	1,550
Restricted income —Trusts	and		Foundations		~104552	21903
Restricted income					~145 676	40921
Total Donations and Legacies					279 192
Investment income Bank deposit income					~3
Total income and endowments					~522 482

nnual Report and Financial	nnual Report and Financial	nnual Report and Financial	nnual Report and Financial	nnual Report and Financial	Statements	Statements	for the year ended	31March 2022
Expenditure: Raising donations					and legacies
Salaries								33,898	29,385
National Insurance contributions								2,405	1,980
Pension contributions								1,060	1,016
Salaries —ex restricted	income							1,669	4,474
External Fundra ising costs								48,046	10,771
Publicity								8,925	3,953
Events expenses								12,008	6,170
Purchases								4 647	2 126
								112658	59875
Charitable activities
Salaries								146,819	102,804
Salaries —ex restricted	income							4,833	32,539
National Insurance contributions								5,370	3,644
Pension contributions								2,887	2,493
Rent, rates and water								2,545	258
Insurance								4,040	3,955
Light and heat								7,972	4,184
Telephone								2,217	2,474
Postage and stationery								3,681	3,609
Sundries								178
Cleaning								8,538	4,168
Repairs and maintenance								9,877	6,967
Repairs and maintenance		—ex restricted				income		2,507	1,478
Health and safety								74	1,909
Subscriptions								1,071	978
Travel expenses								186	42
Staff recruitment								1,227	342
Bank charges								2,109	993
Staff refreshments								1,019	29
Staff uniforms								60	126
Training								457	762
Training —ex restricted	income							653	900
Physical training instructors								67,371	51,985
Physical training instructors			—restricted					8,562
Restricted income —Cardiologist					fees			27,600	7,650
Health programme expenses								478	895
Course expenses								140
ITcosts								11,662	11,796
Loss on disposal ofassets								41
Loss on disposal ofrestricted				assets				184
Provision for bad debts								1,050
Depreciation —tangible		assets						10,965	11,208
Depreciation -tangible		assets		—on restricted			assets	7,142	4,724
Depreciation —intangible		assets						190	240
Depreciation —intangible		assets			—on restricted		assets	~1929	1239
								~345 634	264 391
Support costs
Independent Examiner's		fee						2,900	2,040
Bookkeeping and payroll		fees						1,252	827
Legal fees —restricted								5,064	8,358
Consultancy								2 147	3643
Total resources expended								11362 ms'	14868 ~39134

for the year ended	31March 2021
		2022	2021
		E		g
Net Income/(expenditure)		52,827	109,296
Unrealised gain/(loss)	on Investments	~29910	~52	702
Net movement in Funds		~82 737	~2