## ## ## |Contents|Page| |---|---| |Directors, trustees,
officers and advisers|2-3| |Trustees'
Annual
Report for the year ended 31March 2023|4-10| |Independent
Examiner's
Report|| |Statement of Financial
Activities|12| |Balance Sheet 31March 2023|13| |Cash flow statement
for the year ended 31March 2023|14| |Notes to the Financial Statements|15-26| |Detailed Statement
of Financial Activities|27-29| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||Note|Unrestricted|Restricted|Total|Total| |---|---|---|---|---|---|---| ||||Funds|Funds|2023|2022| ||||f|f|f|f| |Income and Endowments|from:|||||| |Charitable
activities||||||| |Provision ofexercise facilities|||129,861||129,861|138,494| |Trading and fundraising|||118,383|2,375|120,758|104,760| |Donations
and legacies|||68,254|53,911|122,165|279,192| |Investment
income|||993||993|36| |Totallncome|||317491|562|373777|522 482| |Expenditure
on:||||||| |Cost of raising funds|||82,768|297|83,065|114,206| |Charitable
activities||||||| |Provision ofexercise facilities||7|~282 729|~71610|~354339|355449| |Total Expenditure|||~365497|71907|4~37 404|4~69 655| |Net income/(expenditure)|for the year||(48,006)|(15,621)|(63,627)|52,827| |Net gains/(losses)
on investments|||(7,822)||(7,822)|29,910| |Transfer between
Funds|||(7,900)|7,900||| |Net movement
in funds|for the year||(63,728)|(7,721)|(71,449)|82,737| |Reconciliation ofFunds:||||||| |Total Funds brought
forward|||~805 752|131|937 335|54 5| |Total Funds carried forward|||742 024|12
2|865886|937| ## ## ## |||||Note|Unrestricted|Restricte|Tata I|Total| |---|---|---|---|---|---|---|---|---| ||||||Funds|Funds|2023|2022| ||||||E|E|E|E| |Fixed Assets||||||||| |Tangible fixed assets||||10|330,342|92,982|423,324|383,317| |Intangible
fixed assets||||10|22,425|7,874|30,299|9,352| |Investments||||11|347 251||~347 251|355 073| ||||||700018|~100856|800874|747 742| |Current Assets||||||||| |Stocks||||12|1,691||1,691|882| |Debtors:
amounts||due within one year||13|9,008||9,008|10,819| |Cash at bank and|in|hand|||82 699|~23 006|105705|221 254| ||||||93,398|23,006|116,404|232,955| |Creditors:
amounts||falling due within one||||||| |year||||14|51395||51395|43362| |Net Current Assets|||||42 003|~23 006|65 009|189593| |Total Assets less|Current||Liabilities||742,021|123,862|865,883|937,335| |Net Assets|||||742 2021|12 862|~86
3|9~37335| |Funds||||||||| |Restricted
funds||||15|||123,862|131,583| |Unrestricted
funds||||15|||742 021|805752| |TotalFunds|||||||~865 883|7335| ## ## ## |Cash Flow Statement for year ended|Cash Flow Statement for year ended|31March 2023|||| |---|---|---|---|---|---| ||||Table|2023|2022| |||||E|E| |Cash generated
from operating
activities:|||||| |Net cash provided
by (used in) operating|activities|||28432|46 583| |Cash flows from investing
activities:|||||| |Cash flows from other sources:|||||| |Bank interest received||||993|36| |Proceeds from sale of Investment|||||298,230| |Application
ofcash:|||||| |Payment for tangible
fixed assets||||(60,299)|(50,865)| |Payment for intangible
fixed assets||||(27,811)|(7,170)| |Payment for investments|||||~298 230| |Net cash provided
by (used in) investing|activities|||87 117|57999| |Cash flows from financing activities:|||||| |Movement
in intercompany
balance|||||| |Net increase/(decrease)
in cash:||||(115,549)|(11,416)| |Cash at bank and in hand at 1April 2022||||221 254|~232 670| |Cash at bank and in hand at 31March 2023||||~105705|221254| |Table 1:|||||| |Reconciliation ofnet income/(expenditure)||to net cash flow from operating|activities||| |||||2023|2022| |||||E|E| |Net income/(expenditure)
for the reporting||period (as per the Statement of|||| |Financial
Activities)||||(71,449)|82,737| |Change
in market value ofinvestments||||7,822|(29,910)| |Depreciation
charges||||26,624|20,226| |Interest received||||(993)|(36)| |Loss/(profit)
on the sale oftangible fixed|assets|||532|225| |(Increase)/decrease
in stocks||||(809)|454| |Decrease/(increase)
in debtors||||1,811|22,480| |(Decrease)/increase
in creditors||||8030|~49593| |Net cash provided
by / (used in) operating||activities||28 432|46 583| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |ome from|Charitable
A|ctivi|tie|s||| |---|---|---|---|---|---|---| ||||||2023|2022| ||||||E|E| |Exercise classes|||||123,923|108,775| |Course fees|||||1,668|744| |Room hire|||||3,970|2,780| |Income from|HM Government|re|COVID (grants)|||18,600| |Other income|||||300|~1934| |Unrestricted|income||||129,861|132,833| |Restricted income: HM Government||||re COVID (furlough)||~5661| |Total income|from charitable|activities|||129861|~1384 4| |ther ancillary activities||||||| ||||||2023|2022| ||||||E|E| |Event takings|||||74,348|55,977| |Grand draws|||||16,955|19,356| |Sales|||||9,635|8,768| |100Club donations|||||3,347|4,286| |Flag days and|collection tins||||237|1,091| |Lottery|||||13861|13384| |Unrestricted|income||||118,383|102,862| |Restricted income: Events takings|||||2 375|1898| |Total income|from other ancillary||activities||~120758|~14 760| ## ## |S|Donations and Legacies|Donations and Legacies|||||| |---|---|---|---|---|---|---|---| |||||||2023|2022| |||||||E|E| ||Regular giving|||||7,777|9,080| ||Donations
and gifts|||||13,770|18,767| ||Legacies|||||20,942|54,499| ||In memoriam|||||5,748|12,170| ||Trusts and Foundations|||||20,017|39,000| ||Total Unrestricted
income|||||68 254|133516| ||Restricted
income —regular||giving|||960|960| ||Restricted
income —legacies||||||4,000| ||Restricted
income —services||provided||in kind|10,101|33,164| ||Restricted
income —Statutory|||grants||19,277|3,000| ||Restricted
income —Trusts and Foundations|||||23,573|104,552| ||Total Restricted income|||||~53911|145676| ||Total income from donations|||and legacies||122 165|279 192| ||Investment
income||||||| |||||||2023|2022| |||||||6|E| ||Bank interest receivable|||||993|36| |||||||993|36| |7|Expenditure||||||| ||Costs ofgenerating
funds||||||| |||||||2023|2022| |||||||f|E| ||Staff costs|||||38,748|37,363| ||External
Fundraising
costs|||||13,671|48,046| ||Publicity and marketing|||||6,977|8,925| ||Events expenses|||||17,854|12,008| ||Merchandise
purchases|||||4,368|4,647| ||Support costs|||||1,150|1,548| ||Total Unrestricted|||||82 768|~112537| ||Restricted: Publicity and Marketing|||||297|1,669| ||Total costs ofgenerating|funds||||83065|114206| ## ## |Costs ofcharitable|activities||||| |---|---|---|---|---|---| ||||||2022| ||||||g| |Provision ofexercise facilities:|||||| |Staff costs||||125,475|155,076| |Rent, rates and water||||1,336|2,545| |Insurance||||4,005|4,040| |Light and heat||||7,285|7,972| |Telephone||||2,395|2,217| |Postage, stationery
and printing||||3,687|3,681| |Sundries||||121|180| |Cleaning||||9,048|8,538| |Repairs and maintenance||||6,547|9,877| |I-Iealth and safety||||126|74| |Subscriptions||||588|1,071| |Travel expenses||||343|186| |Staff recruitment||||675|1,227| |Bank charges||||1,371|2,109| |Staff refreshments||||2,018|1,019| |Staff uniforms|||||60| |Training|||||457| |Cardiologist's
fees||||18,720|| |Physical training|instructors|||65,555|67,371| |Health programme
expenses||||177|478| |Course expenses||||351|140| |Room hire costs||||410|| |ITcosts||||12,167|11,662| |Doubtful
debts|||||1,050| |Depreciation||||15,022|11,155| |Loss on disposal oftangible assets||||532|41| |Support costs||||4 775|4 750| |Unrestricted
expenditure||||282 729|296976| |Restricted expenditure|||||| |Salaries: Administration|||||3,442| |Salaries: Health Programme||||33,381|1,391| |Cardiologist fees|||||27,600| |Physical training|instructors|||6,041|8,562| |Staff training||||1,512|652| |Gym equipment|maintenance|||3,039|1,723| |Gym equipment|||||784| |Loss on disposal|of restricted|assets|||184| |Property
repairs|and renewals|||4,740|| |Centre equipment|repairs and|renewals||1,694|| |Depreciation
on|restricted assets|||11,602|9,071| |Support costs —services provided|||in kind|~9601|5064| |Restricted expenditure||||71610|58473| |Total costs ofcharitable expen||ditur|e|354 339|35544| ## ## |Expenditure
(cont)nued)|Expenditure
(cont)nued)||||| |---|---|---|---|---|---| |Costs ofgenerating
funds|||||| |||||2023|2022| |||||E|E| |Support costs|||||| |Support costs|ofgenerating|voluntary|income|1,150|1,548| |Support costs|ofcharitable|activities||14376|~9814| |||||15526|~11362| |Governance
costs included||in Support|costs|2,576|2,926| |Net incoming/(outgoing)
resources for the year is stated after charging:|||||| |||||2023|2022| |||||E|E| |Depreciation —owned assets||||26,624|20,226| |Independent|Examiner's fee|||2,550|2,900| ## |mployee inform|ation||| |---|---|---|---| |||2023|2022| |||E|E| |Total staff costs|comprise:||| |Wages and salaries||186,102|187,198| |Social security costs||7,212|7,775| |Pension contributions||4 290|3953| |||197604|~198926| |Cost ofgenerating|funds: staff costs|38,748|39,032| |Cost ofcharitable|activities: staff costs|158856|~159894| |Total staff costs||197604|~198926| ## |9|Comparatives
for|the|Statement|of Financial|Activities|Activities|||||| |---|---|---|---|---|---|---|---|---|---|---|---| |||||||~Ui|d|Restricted|||Tota I| |||||||Funds|||Funds||2022| ||||||||E||E||E| ||Income and Endowments||from:||||||||| ||Charitable
activities||||||||||| ||Provision ofexercise|facilities||||132,833|||5,661||138,494| ||Trading and fundraising|||||102,862|||1,898||104,760| ||Donations
and legacies|||||133,516|||145,676||279,192| ||Investment
income||||||36||||36| ||Total Income|||||369|247||~153235||522 482| ||Expenditure
on:||||||||||| ||Cost of raising funds|||||112,537|||1,669||114,206| ||Charitable
activities||||||||||| ||Provision ofexercise|facilities||||296|976||58473||355449| ||Total Expenditure|||||409|513||60 142||469 655| ||Net income/(expenditure)||for the year|||(40,266)|||93,093||52,827| ||Net gains/(losses)
on|investments||||29,910|||||29,910| ||Transfer between
Funds|||||(3,150)|||3,150||| ||Net movement
in funds for the year|||||(13,506)|||96,243||82,737| ||Reconciliation ofFunds:||||||||||| ||Total Funds brought|forward||||819|258||35 340||~854 598| ||Total Funds carried forward|||||805|752||131583||7 335| |10|Fixed Assets||||||||||| ||Tangible Fixed Assets||||||||||| |||||l.easehold||Fitness||Office|~Com|uter|| |||||~Pro ert|~Eui|ment|~Eui|ment|~Eui|ment|Total| |||||E|||||||E| ||Cost||||||||||| ||At 1April 2022|||494,023||74,740||44,789|20,681||634,233| ||Transfers||||||||||| ||Additions
Disposals|||59,355
~766|~1122|||||944|60,299
~1888| ||At 31March 2023|||552 612||73618||44 789|21625||6~92 644| ||Accumulated
depreciation||||||||||| ||At 1April 2022|||138,731||67,229||33,460|11,496||250,916| ||Transfers||||||||||| ||Charge for the year
On disposals|||10,975
~234|1,969
~1122|||2,952||3,864|19,760
~1356| ||At 31March 2023|||149472||68076||36412|~15360||?69320| ||Net book value||||||||||| ||At 31March 2023|||403 140||5 542||8377|~6265||423 324| ||At 31March 2022|||355 292||7511||~11329||9185|383317| ## ## |ixed Assets (continued)
ntangible
Fixed Assets|||| |---|---|---|---| ||Website and
a~to|tt|Total| |Cost|||| |At 1April 2022|14,922||14,922| |Additions|27811||~27811| |At 31March 2023|42 733||~42 733| |Accumulated
depreciation|||| |At 1April 2022|5,570||5,570| |Charge for the year|6864||6864| |At 31March 2023|12434||~12434| |Net book value|||| |At 31March 2023|30299||~30299| |At 31March 2022|9352||~9352| ## |uoted inve
023:|st|ments
|held in|CC|LA CO|IF Charity In|vestment
Fund and CCLA C|vestment
Fund and CCLA C|OIF Charity Fix|ed Interest Fun|d at31March| |---|---|---|---|---|---|---|---|---|---|---|---| ||||||||Ethical||Fixed|Tota I|Total| ||||||||Investment||Interest||| ||||||||Fund||Fund||| ||||||||2023||2023|2023|2022| |||||||||E|E|E|E| |Market value||at beginning||of|the year||306,716||48,357|355,073|325,163| |Acquisitions||at cost|||||||||298,229| |Sales at market value|||||||||||(298,229)| |Net
unrealised|||profit/(loss)|||on|6|140|1682|7 822|29910| |revaluation|at end ofyear||||||||||| |Market value||at end|ofyear||||~300|76|~46 675|347251|355 073| |Analysis of|investments||||||||||| |||||||||||2023|2022| |Investment|Fund|||||||||Asset|Asset| |||||||||||allocation|allocation| |Overseas equities||||||||||63.769o|64.149a| |UK equities||||||||||8.449o|8.509o| |Fixed interest||||||||||7.679o|| |Infrastructure||and operating|||assets|||||7.459o|9.06Yo| |Cash||||||||||5.23'Yo|8.52Ya| |Property||||||||||3.229o|4.58'Yo| |Contractual|and other income|||||||||2.17No|2.76'Yo| |Private equity and other||||||||||2.049a|2.449o| |Derivatives||||||||||0.029a|| |Tota I||||||||||100.009o|100.00X| ## |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)|||| |---|---|---|---|---|---|---|---| |||||||2023|2022| ||Fixed Interest
Fund|||||Asset|Asset| |||||||allocation|allocation| ||Overseas Government||Bonds|||53.85%|| ||Non-Government|Bonds||||42.18%|63.19%| ||Cash|||||2.65%|1.86%| ||Government
Bonds|||||1.32%|34.95%| ||Total|||||100.00%|100.00%| |12|Stocks||||||| |||||||2023|2022| |||||||E|E| ||Merchandise|||||~1691|8~8| |13|Debtors: amounts||falling due within one year||||| |||||||2023|2022| |||||||f|E| ||Prepayments
and accrued income|||||8,289|8,749| ||Other debtors|||||719|2070| |||||||9008|| |14|Creditors: amounts||falling due within one year||||| |||||||2023|2022| |||||||E|E| ||Trade creditors|||||13,354|12,578| ||Other taxation|and social security||||3,172|2,797| ||Other creditors|||||2,049|1,506| ||Deferred income|||||32820|26481| |||||||51395|43 362| ||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:||| |||||||2023|2022| |||||||f|E| ||Balance at 1"April 2022|||||18,629|23,206| ||Exercise tokens|purchased||||26,054|21,471| ||Exercise tokens|utilised||||~22 188|~26 048| ||Balance at 31"March||2023|||22 495|18629| ## ## |Movemen|t
in fund|s||||||| |---|---|---|---|---|---|---|---|---| |||At 1|Net|Transfer|At 31|Net|Transfer|At 31| |||April|movement|between|March|movement|between|March| |||2021|in funds|funds|2022|in funds|funds|2023| ||||2022|2022||2023|2023|| ||||E|E||E|E|| |Unrestricted|Funds|||||||| |General
Fund||342,972|(10,356)|(14,331)|318,285|(55,828)|41,096|303,553| |Designated|funds:|||||||| |Tangible
Fixed Asset||||||||| |fund||327,788||(9,141)|318,647||10,853|329,500| |Intangible|Fixed|||||||| |Asset fund|||||||22,425|22,425| |Capital expenditure||56,178||20,322|76,500||(51,500)|25,000| |Health
Programme||||||||| |Fund||92320|||92 320||30774|61546| |||819258|10356|3 150|805 752|55828|~7900|742 024| |Restricted|Funds|||||||| |Restricted|funds|35340|93093|~3150|131583|~15621|~7900|123862| |||35 340|93093|~3150|131583|~15.621|~7900|123862| |Total Funds||854 598|82 737||~937 335|~71449||865 886| ## ## |||||Net|Transfer|Net| |---|---|---|---|---|---|---| |||Incoming|Resources|movement|between|movement
in| |||resources|expended|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)| |Intangible|Asset|||||| |Capital expenditure|||||20,322|20,322| |Health Programme||||||| |||399157|~409513|L110356 .|~3150|~13506| |Restricted|Funds|||||| |Restricted|funds|153235|~60 142|93093|3150|96243| |Total Funds||552 392|469 655|~82 737||82 737| |||Incoming|Resources|Net|Transfer|Net| |||resources|expended|movement|between|movement
in| |||||before|funds|funds| |||||transfer||| |||2023|2023|2023|2023|2023| |||E|E|E|E|E| |Unrestricted|Funds|||||| |General fund||309,669|(365,497)|(55,828)|41,096|(14,732)| |Designated|fund:|||||| |Tangible
Fixed Asset|||||10,853|10,853| |Intangible|Asset||||22,425|22,425| |Capital expenditure|||||(51,500)|(51,500)| |Health Programme|||||~30774|~30774| |||~309669|365497|55828|~7900|~63 728| |Restricted|Funds|||||| |Restricted|funds|~56 286|71907|15621|7900|7721| |Total Funds||365955|~437404|~71449||7144| ## ## ## ## ## |or the year ended 31M|ar|ch 2023|||| |---|---|---|---|---|---| |||||2023|2022| |||||E|E| |Income and Endowments
from:|||||| |Charitable
activities|||||| |Exercise classes||||123,923|108,775| |Course fees||||1,668|744| |Room hire||||3,970|2,780| |Income from
HM Government||re COVID|||18,600| |Other income||||300|1934| |||||129,861|132,833| |Income from HM Government||re COVID —restricted|||5 661| |Total income from charitable|activities|||12 861|138494| |Other activities|||||| |Events takings||||73,323|52,251| |Grand
Draws||||16,955|19,356| |Lottery||||13,861|13,384| |Merchandise
sales||||9,635|8,768| |100Club donations||||3,347|4,286| |Corporate sponsorship||||1,025|3,726| |Flag days and collection tins||||237|1091| |||||118383|102 862| |Restricted
income —community||fundraising||2 375|~1898| |Total Other activities||||120758|~1047| |Donations
and I.egacies|||||| |Regular giving||||7,777|9,080| |Donations
and gifts||||13,770|18,767| |Legacies||||20,942|54,499| |In Memoriam||||5,748|12,170| |Trusts and Foundations||||20017|~39000| |Unrestricted
income||||68254|133516| |Restricted
income —donations:||services provided|in kind|10,101|33,164| |Restricted
income —regular|giving|||960|960| |Restricted
income —legacies|||||4,000| |Restricted
income —Statutory||grants||19,277|3,000| |Restricted
income —Trusts and||Foundations||23573|~104 552| |Restricted
income||||53911|~145 676| |Total Donations
and Legacies||||122 165|279 192| |Investment
income|||||| |Rank deposit income||||993|36| |Total income and endowments||||373777|224 2| ## ## |||||||||2023|2022| |---|---|---|---|---|---|---|---|---|---| |||||||||E|E| |Expenditure:
Raising donations||||and|legacies||||| |Salaries||||||||35,440|33,898| |National
Insurance
contributions||||||||2,259|2,405| |Pension contributions||||||||1,049|1,060| |Salaries —ex restricted|income||||||||1,669| |External
Fundraising
costs||||||||13,671|48,046| |Publicity||||||||6,977|8,925| |Publicity —ex restricted||income||||||297|| |Events expenses||||||||17,854|12,008| |Purchases||||||||4 368|4 647| |||||||||81915|112658| |Charitable
activities|||||||||| |Salaries||||||||118,708|146,819| |Salaries —ex restricted|income|||||||31,954|4,833| |National
Insurance
contributions||||||||4,057|5,370| |National
Insurance
contributions||||—ex restricted|||income|896|| |Pension contributions||||||||2,710|2,887| |Pension contributions|—ex restricted||||income|||531|| |Rent, rates and water||||||||1,336|2,545| |Insurance||||||||4,005|4,040| |Light and heat||||||||7,285|7,972| |Telephone||||||||2,395|2,217| |Postage and stationery||||||||3,687|3,681| |Sundries||||||||124|178| |Cleaning||||||||9,048|8,538| |Repairs and maintenance||||||||6,547|9,877| |Repairs and maintenance||—ex restricted||||income||9,473|2,507| |I-lealth and safety||||||||126|74| |Subscriptions||||||||588|1,071| |Travel expenses||||||||343|186| |Staff recruitment||||||||675|1,227| |Bank charges||||||||1,371|2,109| |Staff refreshments||||||||2,018|1,019| |Staff uniforms|||||||||60| |Training|||||||||457| |Training —ex restricted|income|||||||1,512|653| |Physical training
instructors||||||||65,555|67,371| |physical training
instructors|||—restricted|||||6,041|8,562| |Cardiologist
fees||||||||18,720|| |Cardiologist
fees —ex restricted||||income|||||27,600| |Health programme
expenses||||||||177|478| |Course expenses||||||||351|140| |Room Hire costs||||||||410|| |ITcosts||||||||12,167|11,662| |Loss on disposal ofassets||||||||532|41| |Loss on disposal of restricted|||assets||||||184| |Provision
for bad debts|||||||||1,050| |Depreciation —tangible||assets||||||11,116|10,965| |Depreciation —tangible||assets —on restricted assets||||||8,644|7,142| |Depreciation —intangible||assets||||||3,906|190| |Depreciation —intangible||assets||—on restricted|||assets|2 958|1929| |||||||||339963|345 634| ## ## |Detailed Statement|ofFinancial|Activities (continued)||| |---|---|---|---|---| |forthe year ended|31March 2023|||| ||||2023|2022| ||||E|E| |Expenditure:
Support|costs|||| |Independent
Examiner's fee|||2,550|2,900| |Bookkeeping
and payroll fees|||951|1,252| |Legal fees —restricted|||9,601|5,064| |Consultancy|||2424|~2147| ||||15526|~11362| |Total resources expended|||4~37404|4~69 655| |Net Income/(expenditure)|||(63,627)|52,827| |Unrealised
gain/(loss)|on Investments||(7,822)|29,910| |Net movement
in Funds|||71449|82 737|