2021-12-31-accounts - King Edward Vii School Swimming Pool Trust

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				Page
Report ofthe	Trustees		1	to	3
Independent	Examiner's	Report
Statement of	Financial	Activities
Balance Sheet			6	to	7
Notes to the	Financial Statements		8	to	14
Detailed Statement ofFinancial Activities			15	to	16

						31.12.21	31.12.20
				Unrestricted	Restricted	Total	Total
				fund	fund	funds	funds
			Notes	F		5	F
INCOhllE FRONI
Donations			2	43,747		43,747	130,207
Other trading activities Investment income			3 4	130,181 5		130,181 5	139,422 18
Total				173,933		173,933	269,647
EXPENDITURE ON
Other trading activities				202,281		202,281	198,839
NET INCOINEI(EXPENDITURE)				(28,348)		(28,348)	70,808
RECONCILIATION	OF FUNDS
Total funds brought		forward		3,686		3,686	(67,122)
TOTAL FUNDS CARRIED FORWARD				(24,662)		(24,662)	3,686

					31.12.21	31.12.20
			Unrestricted	Restricted	Total	Total
			fund	fund	funds	funds
	Notes		E	E
CURRENT ASSETS
Debtors Cash at bank and	in hand	9	4,449 91,660		4,449 91,660	13,892 78,845
			96,109		96,109	92,737
CREDITORS
Amounts falling due within one year		10	(65,057)		(65,057)	(27,459)
NET CURRENT ASSETS			31,052		31,052	65,278
TOTAL ASSETS	LESSCURRENT
LIABILITIES			31,052		31,052	65,278
CREDITORS
Amounts falling due after more than one year		11	(55,714)		(55,714)	(61,592)
NET ASSETS			(24,662)		(24,662)	3,686
FUNDS		13
Unrestricted funds					(24,662)	3,686
TOTAL FUNDS					(24,662)	3,686

Plant and machinery	25%on reducing	balance
Fixtures and fittings	25%on reducing	balance
Office equipment	25%on reducing	balance

DONATIONS
			31.12.21	31.12.20
			F	8
Gifts				20
Grants			43,747	130,187
			43,747	130,207
Grants received, included		in the above, are as follows:
			31.12.21	31.12.20
HMRC JRSGrants ( Key Fund Investment ESC Lottery Grant Rates Grant	Furlough) Grant		F- 43,747	F 47,311 48,376 9,500 25,000
			43,747	130,187
OTHER TRADING ACTIVITIES
			31.12.21	31.12.20
			F	8
Swimming pool income Sale ofconfectionery			128,005 280	136,303 646
Miscellaneous income			1,896	2,473
			130,181	139,422
INVESTMENT INCOME
			31.12.21	31.12.20
			F
Bank interest received			5	18

STAFF COSTS
The average monthly	number ofemployees		during the year	was as follows:
					31.12.21	31.12.20
Management					1	1
Permanent part time					2	2
Casuals					8	8
No employees received emoluments		in excess ofF60,000.
COMPARATIVES FOR THE STATEMENT			OF FINANCIAL	ACTIVITIES
				Unrestricted	Restricted	Total
				fund 8	fund	fundsf
INCOME FROM
Donations				130,207		130,207
Other trading activities Investment income				139,422 18		139,422 18
Total				269,647		269,647
EXPENDITURE ON
Other trading activities				198,839		198,839
NET INCOIIIIE				70,808		70,808
RECONCILIATION OF FUNDS
Total funds brought	forward			(67,122)		(67,122)
TOTAL FUNDS CARRIED FORWARD				3,686		3,686

8.	TANGIBLE FIXEDASS	E	TS
				Fixtures
			Plant and	and	Office
			machinery f	fittings f.	equipment f	Totals f
	COST
	At 1 January 2021 and
	31 December 2021		12,552	3,838	4,608	20,998
	DEPRECIATION
	At 1 January 2021 and
	31 December 2021		12,552	3,838	4,608	20,998
	NET BOOK VALUE
	At 31 December 2021
	At 31 December 2020
9.	DEBTORS:AMOUNTS	FALLING DUE WITHIN ONE YEAR
					31.12.21 f	31.12.20
	Trade debtors Prepayments				2,740 1,709	7,746 6,146
					4,449	13,892
10.	CREDITORS: AMOUNTS		FALLING DUE WITHIN ONE YEAR
					31.12.21 f	31.12.20
	Other loans (see note 12) Trade creditors Social security and other taxes Pension creditor				13,047 11,536 4,799 923	11,538 7,012 946 263
	VAT				151	9
	Prepaid swimming lessons Accrued expenses				28,958 5,643	7,691
					65,057	27,459

11.	CREDITORS:	AMOUNTS	AMOUNTS	FALLING DUE AFTER MORE THAN ONE	FALLING DUE AFTER MORE THAN ONE	YEAR
						31.12.21	31.12.20
	Other loans (see note 12)					55,714	61,592
12.	LOANS
	An analysis ofthe maturity			of loans is given below:
						31.12.21	31.12.20
	Amounts falling	due within		one year on demand:
	Key Fund Loan					13,047	11,538
	Amounts falling	due in more than			five years:
	Repayable by instalments:
	Key Fund Loan					55,714	61,592
13.	MOVEMENT IN FUNDS
						Net
						movement	At
					At 1.1.21 f	in funds	31.12.21
	Unrestricted funds
	General fund				3,686	(28,348)	(24,662)
	TOTAL FUNDS				3,686	(28,348)	(24,662)
	Net movement	in funds,	included		in the above are as follows:
					Incoming	Resources	Movement
					resources	expended	in funds
	Unrestricted funds				F		8
	General fund				173,933	(202,281)	(28,348)
	TOTAL FUNDS				173,933	(202,281)	(28,348)

Comparative	net movement in funds, inc	luded in the above are as follows:
		Incoming	Resources	Movement
		resources 6	expended E	in funds f
Unrestricted	funds
General fund		269,647	(198,839)	70,808
TOTAL FUNDS		269,647	(198,839)	70,808

A curren	t yea	r 12 months and prior year	12months combined position isa	s follows:
				Net
				movement	At
			At 1.1.20	in funds f	31.12.21 f
Unrestricted		funds
General	fund		(67,122)	42,460	(24,662)
TOTAL	FUNDS		(67,122)	42,460	(24,662)

	31.12.21	31.12.20
	6
INCONIE
Donations
Gifts Grants	43,747	20 130,187
	43,747	130,207
Other trading activities
Swimming pool income Sale ofconfectionery	128,005 280	136,303 646
Miscellaneous income	1,896	2,473
	130,181	139,422
Investment income
Bank interest received		18
Total incoming resources	173,933	269,647
EXPENDITURE
Expenditure on other trading activities
Wages Social security Rates and water Insurance Light and heat Telephone Sundries Repairs and maintenance Towels/wipes Service cont/equip Resaleable items Pool dosing chemicals Pool requisite other Confectionery	103,639 1,774 4,850 6,436 33,823 1,348 100 15,485 131 654 836 3,727 2,136 265	107,967 1,842 5,134 7,374 33,558 1,848 395 3,430 142 1,021 137 2,665 4,719 493
Cleaning Advertising Printing, postage 8 stationery	701 1,545 131	1,299 96 169
Subscriptions	355	48
Uniforms etc Training Fun session equipment Tools and small office repairs Competition fees Carried forward	866 (35) 656 3,230 182,653	57 4,319 120 3,156 245 180,234

	31.12.21	31.12.20
Expenditure on other trading activities	E	E
Brought forward Travel and accommodation Canteen costs DBSchecks Computer costs Web Site costs Rent Accountancy fees Professional fees	182,653 115 1,096 249 9,643	180,234 50 80 58 201 268 250 9,633 172
Credit Card charges Pension costs Bad Debt provision Key Fund Loan interest	2,307 1,397 4,821	2,594 1,591 (815) 4,523
	202,281	198,839
Total resources expended	202,281	198,839
Net (expenditure)/income	(28,348)	70,808