| Page | |
|---|---|
| Reference and Administrative Details ofthe Charity, its Trustees and Advisers |
|
| Trustees' Report | 2-7 |
| Independent Examiner's Report |
|
| Statement of Financial Activities | |
| Balance Sheet | 10-11 |
| Statement of Cash Flows | 12 |
| Notes to the Financial Statements | 13-28 |
| Unrestricted | Restricted | Total | Total | |||
|---|---|---|---|---|---|---|
| funds | funds | funds | funds | |||
| 2021 | 2021 | 2021 | 2020 | |||
| Note | E | F | f. | |||
| INCOME FROM: | ||||||
| Donations and legacies |
121,214 | 368,036 | 489,250 | 75,000 | ||
| Charitable activities |
87,781 | 87,781 | 383,772 | |||
| Other trading activities |
32,992 | 32,992 | 11,719 | |||
| Investments | 206 | 206 | 7,295 | |||
| Other income | 155,409 | 155,409 | 2,184 | |||
| TOTAL INCOME | 397,602 | 368,036 | 765,638 | 479,970 | ||
| EXPENDITURE ON: | ||||||
| Charitable activities |
497,016 | 497,016 | 494,950 | |||
| TOTAL EXPENDITURE | 8,7 | 497,016 | 497016 | 494 950 | ||
| NET INCOME I(EXPENDITURE) BEFORE | ||||||
| OTHER RECOGNISED GAINS AND | ||||||
| LOSSES | (99,414) | 368,036 | 268„622 | (14,980) | ||
| NET MOVEMENT | IN FUNDS | (99,414) | 368,036 | 268,622 | (14,980) | |
| RECONCILIATION | OF FUNDS: | |||||
| Total funds brought | forward | 12 | 645,061 | 38,046 | 683,107 | 698,087 |
| TOTAL FUNDS CARRIED FORWARD | 545,647 | 406,082 | 951,729 | 683,107 |
| 2021 | 2020 | |||||||
|---|---|---|---|---|---|---|---|---|
| Note | E | |||||||
| FIXEDASSETS | ||||||||
| Tangible assets | 11 | 71,714 | 32,622 | |||||
| Investments | 12 | 10,000 | 10,000 | |||||
| 81,714 | 42,622 | |||||||
| CURRENT ASSETS | ||||||||
| Stocks | 155 | 155 | ||||||
| Debtors | 53,663 | 48,522 | ||||||
| Cash at bank and | in hand | 1,341,814 | 1,109,448 | |||||
| 1,395,632 | 1,158,125 | |||||||
| CREDITORS: amounts | falling due within | |||||||
| one year | 14 | (46,617) | (38,640) | |||||
| NET CURRENT ASSETS | 1,349,015 | 1,119,485 | ||||||
| TOTAL ASSETS | LESS | CURRENT LIABILITIES | 1,430,729 | 1,162,107 | ||||
| Defined benefit pension | scheme | liability | (479,000) | (479,000) | ||||
| NET ASSETS INCLUDING | PENSION | |||||||
| SCHEME LIABILITIES | 951,729 | 683,107 | ||||||
| CHARITY FUNDS | ||||||||
| Restricted funds |
15 | 406,0&2 | 38,046 | |||||
| Unrestricted funds |
15 | 545,647 | 645,061 | |||||
| TOTAL FUNDS | 951,729 | 683,107 |
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| Note | E | |||||
| Cash flows from operating | activities | |||||
| Net cash | provided by/(used |
in) operating | activities | 17 | 279,446 | (45,744) |
| Cash flows from investing | activities: | |||||
| Purchase | oftangible fixed assets |
(47,080) | (36,600) | |||
| Net cash | used in investing | activities | (47,080) | (36,600) | ||
| Change | in cash and cash | equivalents | in the year | 232,366 | (82,344) | |
| Cash and | cash equivalents | brought forward |
1,109,448 | 1,191,792 | ||
| Cash and cash equivalents | carried forward | 18 | 1,341,814 | 1,109,448 | ||
| The notes on pages 13to 28 form part | ofthese financial | statements. |
| INCOME | FR | OM | DONATIONS AND L |
EGACIES | |||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||||
| funds | funds | funds | funds | ||||
| 2021 | 2021 | 2021 | 2020 | ||||
| F | F | ||||||
| Donation | for | use offacility | 75,000 | 75,000 | 75,000 | ||
| Grants | 368,036 | 368,036 | |||||
| Government | grants | 46,214 | 46,214 | ||||
| Total donations | and legacies | 121,214 | 368,036 | 489,250 | 75,000 | ||
| Total 2020 | 75,000 | 75,000 |
| INCOME F | ROM CHARITABLE | ACTIVITIES | |||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| funds | funds | funds | funds | ||
| 2021 | 2021 | 2021 | 2020 | ||
| E | E | ||||
| Room hire | 23,0&1 | 23,081 | 75,194 | ||
| Sports | 56,669 | 56,669 | 197,185 | ||
| Health and | fitness | 7,255 | 7,255 | 102,017 | |
| Childrens' | activities | 776 | 776 | 9,376 | |
| 87„781 | 87,781 | 383,772 | |||
| Total 2020 | 383,772 | 383,772 |
| Unrestricted | Restricted | Total | Total | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | |||||||
| 2021 F |
2021 | 2021f | 2020 E |
|||||||
| Charity | trading | income | ||||||||
| Trading | income | Shenley | Leisure | Centre | ||||||
| Trading | Limited | 32,992 | 32,992 | 11,719 | ||||||
| Net income from | trading | activities | 32,992 | 32,992 | 11,719 | |||||
| 5. | INVESTMENT INCOME | |||||||||
| Unrestricted | Restricted | Total | Total | |||||||
| funds | funds | funds | funds | |||||||
| 2021f | 2021 | 2021 E |
2020 | |||||||
| Bank interest receivable | 206 | 206 | 7,295 | |||||||
| Total 2020 | 7,295 | 7,295 | ||||||||
| 6. | OTHER | INCOMING | RESOURCES | |||||||
| Unrestricted | Restricted | Total | Total | |||||||
| funds | funds | funds | funds | |||||||
| 2021 | 2021 | 2021 | 2020 | |||||||
| F | ||||||||||
| Cleaning | income | 615 | 615 | 2,184 | ||||||
| Management charge |
16,599 | 16,599 | ||||||||
| Furlough | income | 138,195 | 138,195 | |||||||
| 155,409 | 155,409 | 2,184 | ||||||||
| Total 2020 | 2,184 | 2,184 |
| DIRECT C | OSTS | |||
|---|---|---|---|---|
| Total | Total | |||
| Activities | 2021 | 2020 | ||
| F | F | |||
| Sports | 7,177 | 7 177 | 107 | |
| Health and | fitness | 326 | 326 | 11,778 |
| Childrens' | activities | 135 | 135 | 4,335 |
| Centre marketing | 2,282 | 2,282 | 3,037 | |
| 9,920 | 9,920 | 19,257 | ||
| Total 2020 | 19,257 | 19,257 | ||
| SUPPORT | COSTS | |||
| Support | Total | Total | ||
| costsf | 2021f | 2020 E |
||
| Wages and salaries | 309,414 | 309,414 | 255,963 | |
| Donated facility |
75,000 | 75,000 | 75,000 | |
| Insurance | 5,089 | 5,089 | 6,516 | |
| Light and heat | 23,807 | 23,807 | 25,992 | |
| Repairs and maintenance | 11317 | 11317 | 14,531 | |
| Printing and stationery |
2,037 | 2,037 | 1,818 | |
| Advertising | 415 | 415 | 1,454 | |
| Legal and | professional | 11,029 | 11,029 | 7,918 |
| Water | 5,225 | 5,225 | 6,405 | |
| Refuse charges | 163 | 163 | 1,346 | |
| Telephone | 1 773 | 1 773 | 1,535 | |
| Accountancy and book keeper |
6,922 | 6,922 | 6,001 | |
| Computer | costs | 17,823 | 17,823 | 7,958 |
| Cleaning | 3221 | 3221 | 4,925 | |
| Health and |
safety | 580 | 580 | 754 |
| Bank charges | 2,668 | 2,668 | 6,686 | |
| Sundry | 810 | 810 | 6,623 | |
| Bad debt | 3,944 | |||
| Additional | rental paid | 1,815 | 1,815 | 14,837 |
| Depreciation | 7,988 | 7,98& | 25,487 | |
| 487,096 | 487,096 | 475,693 | ||
| Total 2020 | 475,693 | 475,693 |
| The average | number of persons employed by the comp |
any during the year was as follows: |
|
|---|---|---|---|
| 2021 | 2020 | ||
| Management | and administration | 1 | 1 |
| Office staff | 1 | 1 | |
| Centre staff | 22 | 17 | |
| 24 | 19 |
| 11. | TANGIBLE FIXEDASSETS | ||||
|---|---|---|---|---|---|
| Leasehold | |||||
| property | Fixtures and | ||||
| improvements | fittings | Equipment | Total | ||
| Cost | |||||
| At 1 April 2020 | 88,860 | 105,176 | 137,164 | 331,200 | |
| Additions | 37,583 | 9,497 | 47,080 | ||
| At 31 March 2021 | 'I26,443 | 114,673 | 137,164 | 378,280 | |
| Depreciation | |||||
| At 1 April 2020 Charge for the year |
74,712 | 93,640 5,675 |
130,226 2313 |
298,578 7,988 |
|
| At 31 March 2021 | 74,712 | 99,315 | 132,539 | 306,566 | |
| Net book value | |||||
| At 31 March 2021 | 51,731 | 15,358 | 4,625 | 71,714 | |
| At 31 March 2020 | 14,148 | 11,536 | 6,938 | 32,622 | |
| 12. | FIXEDASSET INVESTMENTS | ||||
| Shares in | |||||
| group | |||||
| undertakings | |||||
| Market value | |||||
| At 1 April 2020 and 31 March 2021 | 10,000 | ||||
| Subsidiary undertakings |
| Shenley Leisure Centre Trading | Limited | Limited | 100'/o | ||
|---|---|---|---|---|---|
| The aggregate ofthe share capital ended on that date for the subsidiary |
and reserves undertakings |
as at 31 March 2021 were as follows: |
and of the profit or loss for the year | ||
| Aggregate of | |||||
| share capital | |||||
| Name | and reserves | Profit/(loss)f | |||
| Shenley Leisure Centre Trading | Limited | 125,945 | (53,971) |
| DEBTORS | |||
|---|---|---|---|
| 2021 | 2020 | ||
| Trade debtors | 18,765 | 28,048 | |
| Amounts owed by group undertakings |
7,275 | ||
| Other debtors | 15,685 | 1,131 | |
| Prepayments | and accrued income | 19,213 | 12,068 |
| 53,663 | 48,522 |
| CREDITORS: Amoun | ts falling due within one year |
||
|---|---|---|---|
| 2021 | 2020 | ||
| F | |||
| Trade creditors | 26,820 | 32,596 | |
| Amounts owed to group undertakings |
4,095 | ||
| Other taxation and social security | 3,874 | 5,257 | |
| Other creditors | 937 | 787 | |
| Accruals and deferred | income | 10,891 | |
| 46,617 | 38,640 |
| STATEMENT OF | FUNDS - CUR | RENT YEAR | ||||
|---|---|---|---|---|---|---|
| Balance at | ||||||
| Balance at | Transfers | 31 Nlarch | ||||
| 1 April 2020 | Income | Expenditure | in/(out) | 2021 | ||
| f. | E | |||||
| Designated funds |
||||||
| Capital expenditure | fund | 150,000 | (30,000) | 30,000 | 150,000 | |
| General funds | ||||||
| General Funds - all funds |
495,061 | 397,602 | (467,016) | (30,000) | 395,647 | |
| Total Unrestricted | funds | 645,061 | 397,602 | (497,016) | 545,647 | |
| Restricted funds | ||||||
| Sports hall facility | 38,046 | 368,036 | 406,082 | |||
| Total offunds | 683,107 | 765,638 | (497,016) | 951,729 |
| STATEMENT OF F | UNDS -PRIO | R YEAR | ||||
|---|---|---|---|---|---|---|
| Balance at | ||||||
| Balance at | Transfers | 31 March | ||||
| 1 April 2019 | Income | Expenditure | in/(out) | 2020 | ||
| E | E | |||||
| Capital expenditure | fund | 150,000 | (30,000) | 30,000 | 150,000 | |
| General Funds - all | funds | 510,041 | 479,970 | (464,950) | (30,000) | 495,061 |
| Restricted funds | ||||||
| Sports hall facility | 38,046 | 38,046 | ||||
| Total offunds | 698,087 | 479,970 | (494,950) | 683,107 |
| Balance at | ||||||
|---|---|---|---|---|---|---|
| Balance at | Transfers | 31 March | ||||
| 1 April 2020 | Income | Expenditure | in/(out) | 2021 | ||
| E | E | E | ||||
| Designated funds General funds |
150,000 495,061 |
397,602 | (30,000) (467,016) |
30,000 (30,000) |
150,000 395,647 |
|
| 645,061 | 397,602 | (497,016) | 545,647 | |||
| Restricted | funds | 38,046 | 368,036 | 406,082 | ||
| 683,107 | 765,638 | (497,016) | 951,729 |
| Balance at | ||||||
|---|---|---|---|---|---|---|
| Balance at | Transfers | 31 March | ||||
| 1 April 2019 | Income | Expenditure | in/(out) | 2020 | ||
| E | E | E | ||||
| Designated funds General funds |
150,000 510,041 |
479,970 | (30,000) (464,950) |
30,000 (30,000) |
150,000 495,061 |
|
| 660,041 | 479,970 | (494,950) | 645,061 | |||
| Restricted | funds | 38,046 | 38,046 | |||
| 698,087 | 479,970 | (494,950) | 683,107 |
| Unrestricted | Unrestricted | Restricted | Total | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| funds | funds | funds | ||||||||
| 2021 | 2021 | 2021 | ||||||||
| Tangible fixed assets Fixed asset investments Current assets Creditors due within one year Provisions for liabilities and charges |
71,714 10,000 989,550 (46,617) (479,000) |
406,082 | 71,7'I4 10,000 1„395,632 (46,617) (479,000) |
|||||||
| 545,647 | 406,082 | 951,729 | ||||||||
| ANALYSIS OF NET ASSETS BETWEEN FUNDS - PRIOR YEAR | ||||||||||
| Unrestricted | Restricted | Total | ||||||||
| funds | funds | funds | ||||||||
| 2020 | 2020 | 2020 | ||||||||
| F | ||||||||||
| Tangible fixed assets Fixed asset investments Current assets Creditors due within one year Provisions for liabilities and charges |
32,622 10,000 1,120,079 (38,640) (479,000) |
38,046 | 32,622 10,000 1,158,125 (38,640) (479,000) |
|||||||
| 645,061 | 38,046 | 683,107 | ||||||||
| 17. RECONCILIATION |
OF | NET | MOVEMENT | IN FUNDS TO NET | CASH FLOW | FROM OPERATING | ||||
| ACTIVITIES | ||||||||||
| 2021 | 2020 | |||||||||
| E | ||||||||||
| Net income/(expenditure) | for | the year (as per Statement | of Financial | |||||||
| Activities) | 268,622 | (14,980) | ||||||||
| Adjustment for: |
||||||||||
| Depreciation charges Decrease in stocks |
7,988 | 25,487 13 |
||||||||
| Increase in debtors Increase/(decrease) |
in creditors | (5,141) 7,977 |
(13,475) (42,789) |
|||||||
| Net cash provided | by/(used | in) operating | activities | 279,446 | (45,744) |
| 2021f | 2020 | |||
|---|---|---|---|---|
| Cash | in | hand | 1,341,814 | 1,109,448 |
| Total | 1„341,814 | 1,109,448 |