##
#
|CONTENTS|||
|---|---|---|
|CHARITY INFORMATION|||
|TRUSTEES' ANNUAL
REPORT|||
|INDEPENDENT|AUDITOR'S REPORT|10|
|CONSOLIDATED|STATEMENT OF FINANCIAL ACTIVITIES|14|
|CONSOLIDATED|BALANCE SHEET|15|
|CHARITY BALANCE SHEET||16|
|CONSOLIDATED|CASH FLOW STATEMENT|17|
|NOTES TO THE|FINANCIAL STATEMENTS|18|
|MANAGEMENT|INFORMATION:
CHARITY INCOME AND EXPENDITURE ACCOUNT|28|
##
|Company|Company|registration|registration|number||03128079||
|---|---|---|---|---|---|---|---|
|Charity|registration||number|||1052203||
|Trustees|and Directors|||||J Claridge
(Chairman)||
|||||||J Angrave||
|||||||P Baker||
|||||||C Billington-Wood||
|||||||E Chadwick||
|||||||TCoolican||
|||||||P Eggleston||
|||||||A Holding||
|||||||CJames||
|||||||RJones||
|||||||D Rolley||
|||||||N Stonebridge||
|Registered||Office and||Principal|Address|Sandford
Parks Lido||
|||||||Keynsham
Road||
|||||||Cheltenham||
|||||||Glou ceste rs hire||
|||||||GL53 7PU||
|Auditors||||||Kingscott
Dix (Cheltenham)|Ltd|
|||||||Malvern
View Business Park||
|||||||Stella Way||
|||||||Bishops Cleeve||
|||||||Cheltenham||
|||||||Gloucestershire||
|||||||GL52 7DQ||
|Bankers||||||Barclays Bank Plc||
|||||||128 High Street||
|||||||Cheltenham||
|||||||Gloucesters hire||
|||||||GL50 1EL||
|Solicitors||||||Charles
Russell Speechlys|LLP|
|||||||Compass
House||
|||||||Lypiatt Road||
|||||||Cheltenham||
|||||||Gloucestershire||
|||||||GL50 2QJ||
##
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##
|Elected|Trustees:|J Claridge|(Chairman)|(Chairman)||||
|---|---|---|---|---|---|---|---|
|||J Angrave|||(appointed|10January|2023)|
|||P Baker|||(appointed|6September 2022)||
|||C Billington-Wood||||||
|||E Chadwick||||||
|||A Cherrington|||(resigned|6September|2022)|
|||TCoolican|||(appointed|19January|2022)|
|||P Eggleston||(Treasurer)||||
|||W Flynn|||(resigned|6September|2022)|
|||A Holding||||||
|||CJames||||||
|||RJones (Vice Chair)||||||
|||N Morton|||(resigned|6September|2022)|
|||D Rolley||||||
|||N Stonebridge|||(appointed|10January|2023)|
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|CONSOLIDATED
STATEMENT OF FINANCIAL|CONSOLIDATED
STATEMENT OF FINANCIAL|CONSOLIDATED
STATEMENT OF FINANCIAL|ACTIVITIES||||
|---|---|---|---|---|---|---|
|(Including
Income and Expenditure|Account)||||||
||||2022|2022|2022|2021|
||||Group|Group|Group|Group|
||||Unrestricted|Restricted|Total|Total|
|||Note|Funds|Funds|Funds|Funds|
||||f|f|f|f|
|INCOME|||||||
|Income from charitable
activities:|||||||
|Operation
ofSandford
Lido|||894,678||894,678|675,083|
|Income from other trading activities:|||||||
|Commercial
trading operations|||373,435||373,435|335,001|
|Donations
and grants|||13,963||13,963|261,518|
|Interest received|||||||
|TOTAL INCOME|||1,296,708||1,282,076|1,271,607|
|EXPENDITURE|||||||
|Expenditure
on charitable
activities:|||||||
|Operation
ofSandford
Lido|||859,879||859,879|598,220|
|Expenditure
on raising funds:|||||||
|Commercial
trading operations|||44,509||44,509|57,209|
|TOTAL EXPENDITURE|||904,388||904,388|655,429|
|NET INCOME / (EXPENDITURE)|||377,688||377,688|616,178|
|Transfers
between
funds|||||||
|NET MOVEMENT
IN FUNDS||10|377,688||377,688|616,178|
|TOTAL FUNDS BROUGHT FORWARD||17|917,930||917,930|301,752|
|TOTAL FUNDS CARRIED FORWARD||17|1,295,618||1,295,618|917,930|
|CONSOLIDATED
BALANCE|SHEET||||
|---|---|---|---|---|
|(Company
number: 03128079)|||||
||||2022|2021|
|||Note|Group|Group|
||||f|f|
|FIXED ASSETS|||||
|Tangible assets||12|86,088|65,961|
|Investments||13|||
||||86,088|65,961|
|CURRENT ASSETS|||||
|Debtors||14|20,741|1,726|
|Cash at bank and in hand||15|1,236,687|909,933|
||||1,257,428|911,659|
|CURRENT LIABILITIES|||||
|Creditors due within one|year|16|47,898|59,690|
||||47,898|59,690|
|Net current assets|||1,209,530|851,969|
|Total assets less current|liabilities||1,295,618|917,930|
|NET ASSETS|||1,295,618|917,930|
|FUNDS|||||
|Unrestricted
funds|||615,618|237,930|
|Designated
funds|||680,000|680,000|
|Restricted funds|||||
|TOTAL FUNDS||17|1,295,618|917,930|
##
||||2022|2021|
|---|---|---|---|---|
|||Note|Charity|Charity|
||||f|f|
|FIXED ASSETS|||||
|Tangible assets||12|86,088|35,544|
|Investments||13|100|100|
||||86,188|35,644|
|CURRENT ASSETS|||||
|Debtors||14|375,014|237,820|
|Cash at bank and in hand||15|860,882|684,759|
||||1,235,896|922,579|
|CURRENT LIABILITIES|||||
|Creditors due within one|year|16|26,466|40,293|
||||26,466|40,293|
|Net current assets|||1,209,430|882,286|
|Tota
I assets less current|liabilities||1,295,618|917,930|
|NET ASSETS|||1,295,618|917,930|
|FUNDS|||||
|Unrestricted
funds|||615,618|237,930|
|Designated
funds|||680,000|680,000|
|Restricted funds|||||
|TOTAL FUNDS||17|1,295,618|917,930|
|CONSOLIDATED
CASH FLOW STATEMENT|CONSOLIDATED
CASH FLOW STATEMENT|CONSOLIDATED
CASH FLOW STATEMENT||||
|---|---|---|---|---|---|
|||||2022|2021|
||||Note|Group|Group|
|||||f|f|
|CASH FLOWS FROM OPERATING|ACTIVITES|||||
|Net movement
in funds||||377,688|616,178|
|Depreciation
charge|||12|23,430|19,331|
|Profit on asset disposals||||||
|Interest income|||||(5)|
|||||401,118|635,504|
|(Increase) / decrease
in stock|||||4,181|
|(Increase) / decrease
in debtors|||14|(19,015)|(1,726)|
|Increase/(decrease)
in creditors|||16|(11,792)|(131,470)|
|Net cash provided
by operating|activities|||370,311|502,308|
|CASH FLOWS FROM INVESTING|ACTIVITES|||||
|Interest income||||||
|Purchase oftangible fixed assets|||12|(43,557)||
|Proceeds from sale oftangible
fixed assets||||||
|Net cash used in investing
activities||||(43,557)||
|Change
in cash and equivalents|for the year|||326,754|502,313|
|Cash and equivalents
at the beginning||ofthe year||909,933|407,620|
|CASH AND EQUIVALENTS AT THE END||OF THE YEAR|15|1,236,687|909,933|
##
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|Income from charitable
activities|||
|---|---|---|
||2022|2021|
||Group|Group|
||f|f|
|Admission
fees|382,833|298,479|
|Season tickets|335,360|278,699|
|Rental income|21,490|8,729|
|Private hire|50,220|41,106|
|Event income|58,672|3,822|
|Otherincome|46,103|85,354|
||894,678|675,083|
|Income from other trading activities|||
||2022|2021|
||Group|Group|
||f|f|
|Car parking receipts|370,402|317,019|
|Cafe income|3,033|17,982|
||373,435|335,001|
##
||||||2022|2021|
|---|---|---|---|---|---|---|
|||Direct|Staff|Support|Group|Group|
|||Costs|Costs|Costs|Total|Total|
|||f|f|f|f|f|
|Charitable
activities|||||||
|Staff costs|||407,224||407,224|285,461|
|Pool running|costs|94,190|||94,190|38,942|
|Maintenance||98,855|||98,855|93,998|
|Water and utilities||131,044|||131,044|99,568|
|Support costs||||111,102|111,102|68,355|
|Depreciation||||17,464|17,464|11,896|
|||324,089|407,224|128,566|859,879|598,220|
|Raising funds|||||||
|Staff costs|||1,574||1,574|11,511|
|Cafe purchases||502|||502|6,926|
|Support costs||||36,467|36,467|31,337|
|Depreciation||||5,966|5,966|7,435|
|||502|1,574|42,433|44,509|57,209|
|Total 2022||324,591|408,798|170,999|904,388||
|Total 2021||239,434|296,972|119,023||655,429|
|||2022|2022|2021|2021|
|---|---|---|---|---|---|
|||Restricted|Unrestricted|Restricted|Unrestricted|
|||f|f|f|f|
|Charitable|activities||859,879||598,220|
|Raising funds|||44,509||57,209|
||||904,388||655,429|
##
|Staff costs|||||
|---|---|---|---|---|
||2022|2021|2022|2021|
||Group|Group|Charity|Charity|
||f|f|f|E|
|Wages and salaries|387,336|283,760|385,762|272,343|
|Social security costs|16,920|9,832|16,920|9,738|
|Pension contributions|4,542|3,380|4,542|3,380|
||408,798|296,972|407,224|285,461|
##
|||||2022|2021|2022|2021|
|---|---|---|---|---|---|---|---|
|||||Group|Group|Charity|Charity|
|||||No.|No.|No.|No.|
|Operating|services|||44|39|44|31|
|Management||and|administration|6|6|6|6|
|||||50|45|50|37|
|Movement
in funds|||||
|---|---|---|---|---|
|stated after charging:|||2022|2021|
||||Group|Group|
||||f||
|Depreciation|||23,430|19,331|
|Auditor remuneration:|group audit services||3,000|3,000|
|Auditor remuneration:|subsidiary|audit services|2,000|2,000|
|Auditor remuneration:|other services||2,902|3,760|
##
|GROUP||Leasehold|Poolside|Office Lother||
|---|---|---|---|---|---|
|||improvements|equipment|equipment|Total|
|||f|f|f|f|
|Cost||||||
|At 1November|2021|911,869|205,925|118,329|1,236,123|
|Additions|||37,686|5,871|43,557|
|Disposals||||||
|Transfer|||24,451|(63,198)|(38,747)|
|At 31October 2022||911,869|268,062|61,002|1,240,933|
|Depreciation||||||
|At 1November|2021|911,869|178,779|79,514|1,170,162|
|Charge for year|||14,833|8,597|23,430|
|Eliminated
on disposals||||||
|Transfer||||(38,747)|(38,747)|
|At 31October 2022||911,869|193,612|49,364|1,154,845|
|Net book value||||||
|At 1November|2021||27,146|38,815|65,961|
|At 31October 2022|||74,450|11,638|86,088|
|CHARITY||Leasehold|Poolside|Office &other||
|||improvements|equipment|equipment|Total|
|||f|f|f|f|
|Cost||||||
|At 1November|2021|911,869|205,925|55,131|1,172,925|
|Additions|||62,137|5,871|68,008|
|Disposals||||||
|At 31October 2022||911,869|268,062|61,002|1,240,933|
|Depreciation||||||
|At 1November|2021|911,869|178,779|46,733|1,137,381|
|Charge for year|||14,833|2,631|17,464|
|Eliminated
on disposals||||||
|At 31October 2022||911,869|193,612|49,364|1,154,845|
|Net book value||||||
|At 1November|2021||27,146|8,398|35,544|
|At 31October 2022|||74,450|11,638|86,088|
|13|Investments|Investments|||||
|---|---|---|---|---|---|---|
||||2022|2021|2022|2021|
||||Group
f|Group
f|Charity
f|Charity
f|
||Unlisted|investments|||100|100|
||||||100|100|
|||2022|2021|
|---|---|---|---|
|||f|f|
|Turnover||366,242|335,001|
|Cost ofsales||(2,076)|(18,437)|
|Gross profit||364,166|316,564|
|Administrative|expenses|(47,433)|(43,772)|
|Other operating|income|7,193||
|Profit before taxation||323,926|272,792|
|Taxation||||
|Profit after taxation||323,926|272,792|
|Gift aid distribution||(323,926)|(272,792)|
|Retained
profit|for the year|||
|||2022|2022|2021|
|---|---|---|---|---|
||||f|f|
|Fixed assets||||30,417|
|Current assets||390|496|225 174|
|Current
liabilities||(390396)||(255491)|
|Net assets|||100|100|
|Share capital|||100|100|
|Reserves|||||
|Shareholders'|funds||100|100|
|14|Debtors|||||
|---|---|---|---|---|---|
|||2022|2021|2022|2021|
|||Group
f|Group
f|Charity
f|Charity
f|
||Trade debtors|2,748|1,726|65|1,726|
||Other debtors and prepayments|17,993||5,985||
||Amounts
due from group companies|||368,964|236,094|
|||20,741|1,726|375,014|237,820|
|15|Cash at bank and in hand|||||
|||2022|2021|2022|2021|
|||Group|Group|Charity|Charity|
|||f|f|f|f|
||Cash at bank|1,236,687|908,233|860,882|683,059|
||Cash in hand||1,700||1,700|
||Cash and equivalents|1,236,687|909,933|860,882|684,759|
|16|Creditors|||||
|||2022|2021|2022|2021|
|||Group
f|Group
f|Charity
f|Charity
f|
||Trade creditors|8,798|12,490|8,125|12,016|
||Other creditors and accruals|23,422|38,603|18,341|25,625|
||Other taxes and social security|15,678|8,597||2,652|
||Bank loans|||||
|||47,898|59,690|26,466|40,293|
|17|Group funds||||||||
|---|---|---|---|---|---|---|---|---|
||Current year:|||1 Nov 2021|Income|Expenditure|Transfers|31Oct 2022|
|||||f|E||f|f|
||Unrestricted
funds||||||||
||General|||237,930|1,237,567|(904,388)||615,618|
||Designated|||680,000||||680,000|
||Total unrestricted||funds|917,930|1,237,567|(904,388)||1,295,618|
||Restricted funds||||||||
||Total restricted|funds|||||||
||Total funds|||917,930|1,237,567|(904,388)||1,295,618|
||Previous year:|||1Nov 2020|Income|Expenditure|Transfers|31Oct 2021|
|||||f|f|f|E|E|
||Unrestricted
funds||||||||
||General funds|||1,752|1,271,607|(655,429)|(380,000)|237,930|
||Designated
funds|||300,000|||380,000|680,000|
||Total unrestricted||funds|301,752|1,271,607|(655,429)||917,930|
||Restricted funds||||||||
||Total restricted|funds|||||||
||Total funds|||301,752|1,271,607|(655,429)||917,930|
##
##
##
|Current|year:|Unrestricted|Restricted|Total|
|---|---|---|---|---|
|||Funds|Funds|Funds|
|||f|f|f|
|Tangible|fixed assets|86,088||86,088|
|Current|assets|1,257,428||1,257,428|
|Current|liabilities|(47,898)||(47,898)|
|||1,295,618||1,295,618|
|Previous|year:|Unrestricted|Restricted|Total|
|||Funds|Funds|Funds|
|||f|f|f|
|Tangible|fixed assets|65,961||65,961|
|Current|assets|911,659||911,659|
|Current|liabilities|(59,690)||(59,690)|
|||917,930||917,930|
##
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##
##
|||2022|2021|
|---|---|---|---|
|||Charity|Charity|
|||f|f|
|INCOME||||
|Admission
fees||377,674|298,479|
|Season tickets||335,360|278,699|
|Shop sales||14,464|8,308|
|Hire of pool facilities||50,220|41,106|
|Other|||1,850|
|Total income||777,718|628,442|
|EXPENDITURE (see|overleaf)|(859,879)|(598,220)|
|OPERATING SURPLUS / (DEFICIT)||(82,161)|30,222|
|OTHER INCOME||||
|Gift aid distribution|from subsidiary|323,926|272,792|
|Occupation
license|charged to subsidiary|5,000|5,000|
|Rental income||18,750|8,729|
|Donations||9,729|181,388|
|Grants||4,234|80,130|
|Events and courses||93,051|37,912|
|Bank interest|||5|
|Total other income||454,690|585,956|
|TOTAL SURPLUS / (DEFICIT)||372,529|616,178|
|||||2022|2021|
|---|---|---|---|---|---|
|||||Charity|Charity|
|||||E|f|
|EXPENDITURE||||||
|Wages and salaries||||407,224|285,461|
|Training||||7,552|6,831|
|Shop purchases||||13,728|3,268|
|Chemicals||||59,819|29,664|
|Water||||40,888|24,690|
|Gas||||46,462|38,114|
|E Iectri city||||41,286|35,963|
|General
rates||||2,408|801|
|Insurances||||10,118|9,721|
|Building,
pool and|equipment||repairs|75,290|69,084|
|Event costs||||15,769|1,099|
|Advertising
and public||relations||5,363|820|
|Ground
maintenance||||11,085|12,585|
|Cleaning, waste and sanitary||||4,584||
|Postage and telephone||||1,407|2,042|
|Stationary||||1,489|4,160|
|Accountancy
and audit||fees||4,980|5,940|
|Bank charges||||39,555|25,007|
|Medical supplies||||3,300||
|Subscriptions||||3,977|4,034|
|Sundry expenses||||13,211|16,397|
|Website, software|and|IT||9,841|2,281|
|Uniform
and clothing||||3,166|1,348|
|DBScosts||||1,217||
|Professional
fees||||18,696|7,014|
|Depreciation
of fixed assets||||17,464|11,896|
|Total expenditure||||859,879|598,220|