## 

|CHARITY INFORMATION|CHARITY INFORMATION||
|---|---|---|
|TRUSTEES' ANNUAL<br>REPORT|||
|INDEPENDENT|AUDITOR'5 REPORT|10|
|CONSOLIDATED|STATEMENT OF FINANCIAL ACTIVITIES|12|
|CONSOLIDATED|BALANCE SHEET||
|CHARITY BALANCE SHEET||14|
|CONSOLIDATED|CASH FLOW STATEMENT|15|
|NOTES TO THE|FINANCIAL STATEMENTS|16|
|MANAGEMENT|INFORMATION:<br>CHARITY INCOME AND EXPENDITURE ACCOUNT|26|





## 

|Company|registration||number|03128079||
|---|---|---|---|---|---|
|Charity registration||number||1052203||
|Trustees and Directors||||J Claridge<br>(Chairman)||
|||||C Billington-Wood||
|||||E Chadwick||
|||||A Cherrington||
|||||P Eggleston||
|||||A Holding||
|||||CJames||
|||||RJones||
|||||N Morton||
|||||D Rolley||
|Registered|Office and||Principal Address|Sandford<br>Parks Lido||
|||||Keynsham<br>Road||
|||||Cheltenham||
|||||Gloucesters hire||
|||||GL53 7PU||
|Auditors||||Kingscott<br>Dix (Cheltenham)|Ltd|
|||||Malvern<br>View Business Park||
|||||Stella Way||
|||||Bishops Cleeve||
|||||Cheltenham||
|||||Gloucestershire||
|||||GL52 7DQ||
|Bankers||||Barclays Bank Pic||
|||||128 High Street||
|||||Cheltenham||
|||||G lou ceste rs hire||
|||||GL50 1EL||
|Solicitors||||Charles<br>Russell Speechlys|LLP|
|||||Compass<br>House||
|||||Lypiatt Road||
|||||Cheltenham||
|||||Gloucestershire||
|||||GLSO 2CU||





|Elected|Trustees:|J Claridge<br>(Chairman)|||
|---|---|---|---|---|
|||C Billington-Wood|||
|||E Chadwick|||
|||A Cherrington|||
|||P Eggleston<br>(Treasurer)|(Appointed|1April 2021)|
|||A Holding|||
|||CJames|||
|||RJones (Vice Chair)|||
|||N Morton|||
|||D Rolley|(Appointed|8 September 2020)|





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|||2020|2020|2020|2019|
|---|---|---|---|---|---|
|||Group|Group|Group|Group|
|||Unrestricted|Restricted|Total|Total|
||Note|Funds|Funds|Funds|Funds|
|||f|f|f|f|
|INCOME||||||
|Income from charitable<br>activities:||||||
|Operation<br>ofSandford<br>Lido||214,482||214,482|725,057|
|Income from other trading activities:||||||
|Commercial<br>trading operations||269,586||269,586|531,077|
|Donations||90,402||90,402|794|
|Interest received||||||
|TOTAL INCOME||574,470||574,470|1,256,928|
|EXPENDITURE||||||
|Expenditure<br>on charitable<br>activities:||||||
|Operation<br>ofSandford<br>Lido||777,121||777,121|1,052,017|
|Expenditure<br>on raising funds:||||||
|Commercial<br>trading<br>operations||84,312||84,312|274,264|
|TOTAL EXPENDITURE||861,433||861,433|1,326,281|
|NET INCOME / (EXPENDITURE)||(286,963)||(286,963)|(69,353)|
|Transfers<br>between<br>funds||||||
|NET MOVEMENT<br>IN FUNDS|10|(286,963)||(286,963)|(69,353)|
|TOTAL FUNDS BROUGHT FORWARD|17|588,715||588,715|658,068|
|TOTAL FUNDS CARRIED FORWARD|17|301,752||301,752|588,715|





|CONSOLIDATED<br>BALANCE|CONSOLIDATED<br>BALANCE|SHEET||||
|---|---|---|---|---|---|
|(Company<br>number:|03128079)|||||
|||||2020|2019|
||||Note|Group|Group|
|||||E|f|
|FIXEDASSETS||||||
|Tangible assets|||12|85,292|100,570|
|Investments|||13|||
|||||85,292|100,570|
|CURRENT ASSETS||||||
|Stock|||||4,181|
|Debtors|||14||23,104|
|Cash at bank and|in hand||15|407,620|543,256|
|||||407,620|570,541|
|CURRENT LIABILITIES||||||
|Creditors due within one||year|16|191,160|82,396|
|||||191,160|82,396|
|Net current assets||||216,460|488,145|
|Total assets less current||liabilities||301,752|588,715|
|NET ASSETS||||301,752|588,715|
|FUNDS||||||
|Unrestricted<br>funds||||1,752|188,715|
|Designated<br>funds||||300,000|400,000|
|Restricted<br>funds||||||
|TOTAL FUNDS|||17|301,752|588,715|





|CHARITY BALANCE SHEET|||||
|---|---|---|---|---|
|(Company<br>number: 03128079)|||||
||||2020|2019|
|||Note|Group|Group|
||||f|f|
|FIXEDASSETS|||||
|Tangible assets||12|47,441|62,761|
|Investments||13|100|100|
||||47,541|62,861|
|CURRENT ASSETS|||||
|Stock||||908|
|Debtors||14|303,386|320,152|
|Cash at bank and in hand||15|128,063|247,022|
||||431,449|568,082|
|CURRENT LIABILITIES|||||
|Creditors due within one|year|16|177,238|42,228|
||||177,238|42,228|
|Net current assets|||254,211|525,854|
|Total assets less current|liabilities||301,752|588,715|
|NET ASSETS|||301,752|588,715|
|FUNDS|||||
|Unrestricted<br>funds|||1,752|188,715|
|Designated<br>funds|||300,000|400,000|
|Restricted<br>funds|||||
|TOTAL FUNDS||17|301,752|588,715|





## 

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|||||||2020|2019|
|---|---|---|---|---|---|---|---|
||||||Note|Group|Group|
|||||||f|f|
|corn||||||||
|CASH FLOWS FROM|OPERATING||ACTIVITES|||||
|Net movement<br>in funds||||||(286,963)|(69,353)|
|Depreciation<br>charge||||||25,077|30,452|
|Profit on asset disposals||||||||
|Inte rest in<br>e||||||||
|||||||(261,886)|(38,901)|
|(Increase) /decrease|in stock|||||4,181|624|
|(Increase) /decrease|in debtors||||14|23,104|16,984|
|Increase / (decrease)|in creditors||||16|108,764|(87,593)|
|Net cash provided<br>by operating|||activities|||(125,837)|(108,886)|
|CASH FLOWS FROM|INVESTING||ACTIVITES|||||
|Interest income||||||||
|Purchase oftangible|fixed assets||||12|(9,799)|(65,626)|
|Proceeds from sale oftangible||fixed assets||||||
|Net cash used in investing<br>activities||||||(9,799)|(65,626)|
|Change<br>in cash and|equivalents||for the year|||(135,636)|(174,512)|
|Cash and equivalents|at the beginning|||ofthe year||543,256|717,768|
|CASH AND EQUIVALENTS AT THE END||||OF THE YEAR||407,620|543,256|





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|Income from charitable<br>activities|||
|---|---|---|
||2020|2019|
||Group|Group|
||E||
|Admission<br>fees|127,888|274,869|
|Season tickets|51,373|284,788|
|Rental income||9,122|
|Eventincome|22,903|49,891|
|Other income|12,318|106,387|
||214,482|725,057|
|Income from other trading activities|||
||2020|2019|
||Group|Group|
||f|f|
|Car parking receipts|260,096|269,349|
|Cafe income|9,490|261,728|
||269,586|531,077|





## 

|Total expendi|ture||||||
|---|---|---|---|---|---|---|
||||||2020|2019|
|||Direct|Staff|Support|Group|Group|
|||Costs|Costs|Costs|Total|Total|
|||f|f|f|f|f|
|Charitable<br>activities|||||||
|Staff costs|||241,450||241,450|395,433|
|Pool running|costs|28,808|||28,808|114,062|
|Maintenance||306,687|||306,687|298,584|
|Water and utilities||82,252|||82,252|149,822|
|Support costs||||102,104|102,104|72,878|
|Depreciation||||15,820|15,820|21,238|
|||417,747|241,450|117,924|777,121|1,052,017|
|Raising funds|||||||
|Staff costs|||6,107||6,107|117,697|
|Cafe purchases||7,610|||7,610|86,997|
|Support costs||||61,338|61,338|60,356|
|Depreciation||||9,257|9,257|9,214|
|||7,610|6,107|70,595|84,312|274,264|
|Total 2020||425,357|247,557|188,519|861,433||
|Total 2019||649,465|513,130|163,686||1,326,281|



|||2020|2020|2019|2019|
|---|---|---|---|---|---|
|||Restricted|Unrestricted|Restricted|Unrestricted|
|||f|f|f|f|
|Charitable|activities||777,121||1,052,017|
|Raising funds|||84,312||274,264|
||||861,433||1,326,281|





|8|Staff costs|||||||||
|---|---|---|---|---|---|---|---|---|---|
||||||2020|2019||2020|2019|
|||||Group||Group||Charity|Charity|
||||||f|f||f|f|
||Wages and salaries|||223,606||485,878|218,158||374,969|
||Social security|costs||20,004||22,890||19,303|17,015|
||Pension contributions|||3,947||4,362||3,989|3,449|
|||||247,557||513,130|241,450||395,433|
|Staff costs include f79,775ofCoronavirus||||Job Retention|Scheme|grants.<br>No|employees|were paid in excess o||
|f60,000 during the||current or previous year.||||||||
|9|Staff numbers|||||||||
|The|average number|of employees|during|the year was:||||||
||||||2020|2019||2020|2019|
|||||Group||Group||Charity|Charity|
||||||No.|No.||No.|No.|
||Operating<br>services||||52|57||32|43|
||Management|and administration|||6|6||6|6|
||||||58|63||38|49|



|10||Movement|in funds||||
|---|---|---|---|---|---|---|
|This|is|stated after|charging:||2020|2019|
||||||Group|Group|
||||||f|f|
|||Depreciation|||25,077|30,452|
|||Auditors<br>remuneration:||external audit|4,200|4,200|
|||Auditors<br>remuneration:||other services|4,998|5,376|



## 



## 

|GROUP||Leasehold|Poolside|Office &other||
|---|---|---|---|---|---|
|||improvements<br>f|equipment<br>f|equipment<br>E|Total<br>f|
|Cost||||||
|At 1November|2019|911,869|205,925|108,530|1,226,324|
|Additions||||9,798|9,798|
|Disposals||||||
|At 31October 2020||911,869|205,925|118,329|1,236,123|
|Depreciation||||||
|At 1November|2019|911,869|157,662|56,223|1,125,754|
|Charge for year|||12,067|13,010|25,077|
|Eliminated<br>on disposals||||||
|At 31October 2020||911,869|169,729|69,233|1,150,831|
|Net book value||||||
|At 1November|2019||48,263|52,307|100,570|
|At 31October 2020|||36,196|49,096|85,292|
|CHARITY||Leasehold|Poolside|Office &other||
|||improvements|equipment|equipment|Total|
|||E|f|f|f|
|Cost||||||
|At 1November|2019|911,869|205,925|54,632|1,172,426|
|Additions||||499|499|
|Disposals||||||
|At 31October 2020||911,869|205,925|55,131|1,172,925|
|Depreciation||||||
|At 1November|2019|911,869|157,662|40,134|1,109,665|
|Charge for year|||12,067|3,753|15,820|
|Eliminated<br>on disposals||||||
|At 31October 2020||911,869|169,729|43,887|1,125,485|
|Net book value||||||
|At 1November|2019||48,263|14,498|62,761|
|At 31October 2020|||48,263|11,244|47,440|





|13|Investments|Investments|||||
|---|---|---|---|---|---|---|
||||2020|2019|2020|2019|
||||Group|Group|Charity|Charity|
||||f|f|f|f|
||Unlisted|investments|||100|100|
||||||100|100|



||||2020|2019|
|---|---|---|---|---|
||||f|f|
|Turnover|||269,586|531,077|
|Cost ofsales|||(31,090)|(228,784)|
|Gross profit|||238,496|302,293|
|Administrative|expenses||(79,912)|(60,370)|
|Profit before taxation|||158,584|241,923|
|Taxation|||||
|Profit after taxation|||158,584|241,923|
|Gift aid distribution|||(158,584)|(241,923)|
|Retained<br>profit for the year|||||
|October 2020,|Sandford|Parks Lido (Trading)|Limited had the following assets and liabilities:||
||||2020|2019|
||||f|f|
|Fixed assets|||37,852|37,810|
|Current assets|||279,557|319,157|
|Current<br>liabilities|||(317,752)|(356,867)|
|Net assets|||100|100|
|Share capital|||100|100|
|Reserves|||||
|Shareholders'|funds|||100|





|14|Debtors|Debtors|||||
|---|---|---|---|---|---|---|
||||2020|2019|2020|2019|
||||Group|Group|Charity|Charity|
||||f|f|f|f|
||Trade|debtors||18,342|||
||Other|debtors and prepayments||4,762||3,454|
||Amounts<br>due from group companies||||303,386|316,698|
|||||23,104|303,386|320,152|
|15|Cash|at bank and in hand|||||
||||2020|2019|2020|2019|
||||Group|Group|Charity|Charity|
||||f|f|f|f|
||Cash|at bank|404,419|539,656|124,862|243,422|
||Cash|in hand|3,201|3,600|3,201|3,600|
||Cash|and equivalents|407,620|543,256|128,063|247,022|
|16|Creditors||||||
||||2020|2019|2020|2019|
||||Group|Group|Charity|Charity|
||||f|f|f|f|
||Trade|creditors|26,694|28,844|26,181|26,474|
||Other|creditors and accruals|106,516|23,328|96,779|11,308|
||Other|taxes and socia I security|7,950|30,224|4,278|4,446|
||Bank|loans|50,000||50,000||
||||191,160|82,396|177,238|42,228|





|17|Group funds||||||||
|---|---|---|---|---|---|---|---|---|
||Current year:|||1Nov 2019|Income|Expenditure|Transfers|31Oct 2020|
|||||f|f|f|f|f|
||Unrestricted<br>funds||||||||
||General|||188,715|574,470|(861,433)|100,000|1,752|
||Designated|||400,000|||(100,000)|300,000|
||Total unrestricted||funds|588,715|574,470|(861,433)||301,752|
||Restricted funds||||||||
||Total restricted|funds|||||||
||Total funds|||588,715|574,470|(861,433)||301,752|
||Previous year:|||1Nov 2018|Income|Expenditure|Transfers|31Oct 2019|
|||||f|f|f|f|f|
||Unrestricted<br>funds||||||||
||General funds|||178,068|1,256,928|(1,326,281)|80,000|188,715|
||Designated<br>funds|||480,000|||(80,000)|400,000|
||Total unrestricted||funds|658,068|1,256,928|(1,326,281)||588,715|
||Restricted funds||||||||
||Total restricted|funds|||||||
||Total funds|||658,068|1,256,928|(1,326,281)||588,715|





## 

|Current|year:|Unrestricted|Restricted|Total|
|---|---|---|---|---|
|||Funds|Funds|Funds|
|||f|f||
|Tangible|fixed assets|85,292||85,292|
|Current|assets|407,620||407,620|
|Current|liabilities|(191,160)||(191,160)|
|||301,172||301,172|
|Previous|year:|Unrestricted|Restricted|Total|
|||Funds|Funds|Funds|
|||f|f||
|Tangible|fixed assets|100,570||100,570|
|Current|assets|570,541||570,541|
|Current|liabilities|(82,396)||(82,396)|
|||588,715||588,715|



## 

## 



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## 

|||2020|2019|
|---|---|---|---|
|||Charity|Charity|
||||f|
|INCOME||||
|Admission<br>fees||127,888|274,869|
|Season tickets||51,373|284,788|
|Shop sales|||6,671|
|Hire of pool facilities||12,268|43,220|
|Other||10,635||
|Tota I income||202,164|609,548|
|EXPENDITURE (see overleaf)||(761,431)|(1,048,127)|
|OPERATING SURPLUS / (DEFICIT)||(559,267)|(438,579)|
|OTHER INCOME||||
|Gift aid distribution|from subsidiary|158,584|241,924|
|Occupation<br>license charged to subsidiary||11,000|11,000|
|Rental income|||9,122|
|Donations||40,402|794|
|Grants||50,000||
|Events and courses||12,318|106,387|
|Bank interest||||
|Total other income||272,304|369,227|
|TOTAL SURPLUS / (DEFICIT)||(286,963)|(69,352)|





## 

||||||2020|2019|
|---|---|---|---|---|---|---|
||||||Charity|Charity|
||||||f|E|
|EXPENDITURE|||||||
|Wages and salaries|||||241,450|395,433|
|Training|||||3,331|7,815|
|Recruitment|||||40|40|
|Shop purchases|||||667|5,535|
|Chemicals|||||11,076|27,842|
|Security and|cash handling|||||769|
|Water|||||34,585|35,564|
|Gas|||||21,248|69,197|
|Electricity|||||24,734|40,407|
|General rates|||||1,685|4,654|
|Insurances|||||8,797|10,536|
|Building,<br>pool and||equipment||repairs|300,925|285,825|
|Event costs|||||567|49,976|
|Advertising<br>and public|||relations||7,502|8,921|
|Ground<br>maintenance|||||5,762|12,759|
|Cleaning, waste and sanitary|||||3,657|10,965|
|Postage and|telephone||||4,823|4,901|
|Stationary|||||2,497|6,590|
|Accountancy|and audit||fees||8,729|8,583|
|Bank charges|||||27,369|8,638|
|Medical supplies|||||2,442|840|
|Subscriptions|||||2,185|1,667|
|Travelling|||||304|147|
|Sundry expenses|||||4,754|3,833|
|Website, software||and|IT||3,405|6,360|
|Uniform<br>and|clothing||||2,981|5,344|
|DBScosts|||||1,544|1,451|
|Professional|fees||||8,957|12,297|
|Compensation|||||9,595||
|Depreciation|of fixed assets||||15,820|21,238|
|Total expenditure|||||761,431|1,048,127|