2021-03-31-accounts - Fylde Coast YMCA

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Trustees		C Christou		- Chairman
		A Keenan	—Treasurer
		R Blanchard
		B Nicholson
		i Paterson
		R N Nulty
		A P Haworth
		A Kirkham
		R Dawson
Charity number		1074571
Company	number	03685477
Company Secretary		JCronin
Principal address		St.Albans	Road
		St.Annes
		Lancashire
		FYB 1XD
Registered	office	Unit 2, Olympic Court
		Boardmans		Way
		Whitehills		Business Park
		Blackpool,		Lancashire
		FY4 5GU
Auditors		Champion		Accountants	LLP
		Unit 2, Olympic Court
		Boardmans		Way
		Whitehills		Business Park
		Blackpool,		Lancashire
		FY4 5GU
Bankers		The Royal		Bank ofScotland
		26St Annes Road West
		StAnnes Lancashire
		FYB 1RN

		Page
Report ofthe Trustees' (including	the Strategic Report)	1-12
Independent Auditors' Report		13-15
Statement of Financial Activities		16-17
Group Statement of Financial Activities		18-19
Group and Charity 8alance Sheets		20
Group Cash Flow Statement		21
Notes to the Group Cash Flow Statement		22
Notes to the Financial Statements		23-39

Current financial year								Restricted
							Unrestricted	Income	Total	Tolal
					Notes		Funds f	Fundsf	2021 f	2020 f
Incoming resources
Incoming resources	from		generated		funds:
Voluntary income:
Donations and legacies							186,704	243,803	430,507	1,130,678
Activities for generating		funds:
Canteen sales							5,915		6,915	131,216
Investment income							1 389		1,389	14,178
							194,008	243,803	437,811	1,276,072
Incoming resources	from		charitable activities:
Activity centres					6		1,180,286	2,181,817	3,362,103	7,174,866
Community facilities					5		131,100	118,337	249,437	933,014
Social housing					5		655,632	81,040	736,672	790,323
							2,161,026	2,624,997	4,786,023	10,174,275
Other income
Coronavirus lob Retention Scheme							1,706,223		1,706,223
Total incoming resources							3,867,249	2,624,997	6,492,246	10,174,275
Costs of generating	funds:
Canteen cost ofsales							173		173	20,321
Equipment for resale							1,334		1,334	53,677
Sub total cost ofgenerating				funds			1,507		1,507	73,998
Charitable activities					6		3,639,886	2,425,797	6,966,683	9,440,349
Governance costs					6		12000		12000	11950
					6		3,661,886	2,426,797	5,977,683	9,452,299
Total resources expended							3,553,393	2,426,797	5,979,190	9,526,297
Net incoming/(outgoing)			resources		for the
year before transfers							313,856	199,200	613,066	647,978
Transfers between funds
							313,856	199,200	613,066	647,978
Other recognised gains		and		losses
Pension deficit loss/gain		re		changes	In assumptions		(33,245)		(33,246)	(8,306)
Gains on investments							6,436		6,436	107
Net income/(expenditure)				for the
year/Net movement	In	funds					287,046	199,200	486,246	639,779
Fund balances at 1April		2020					1,706,069	2,663,961	4,370,020	3,730,241
Fund balances at 31 March 2021						16	1,993,115	2,863,161	4,856,266	4,370,020

Prior financial year									Restricted
31March 2020							Unrestricted		Income	Total
								Funds	Funds	2020
							Notes	6	6	6
Incoming resources
Incoming resources	from		generated			funds:
Voluntary income:
Donations and legacies							3	34,996	1,096,682	1,130,678
Activities for generating		funds:
Canteen sales								131,216		131,216
Investment income							4	14,178		14,178
								180,390	1,096,682	1,2?6,072
Incoming resources	from		charitable			activities:
Activity centres							6	6,849,972	324,894	7,174,866
Community facilities							6	291,917	641,097	933,014
Social housing							6	777,447	12,876	790,323
Total Incoming resources								8,099,726	2,074,649	10,174,276
~R* dd
Costs ofgenerating	funds:
Canteen cost ofsales								20,321		20,321
Equipment for resale								63,677		63,677
Sub total cost ofgenerating				funds				73,998		73,998
Charitable activities							6	8,306,286	1,134,064	9,440,349
Governance costs							6	11,960		11,960
							8	8,318,236	1,134,064	9,462,299
Total resources expended								8,392,233	1,134,064	9,626,297
Net Incoming/(outgoing)			resources			for the
year before transfers								(292,607)	940,486	647,978
Transfers between funds
								(292,607)	940,486	647,978
Other recognised gains		and		losses
Pension deficit gain re changes					In assumptions			(8,306)		(8,306)
Gains on investments								107		107
Net income/(expenditure)				for	the
year/Net movement	in funds							(300,706)	940,486	639,779
Fund balances at 1April		2019						2,006,776	1,723,466	3,730,241
Fund balances at 31 March 2020							16	1,706,069	2,663,961	4,370,020

Current financial year								Restricted
							Unrestricted	Income	Total	Total
							Funds	Funds	2021	2020
						Notes	f	f	f	f
Incoming resources
Incoming resources	from		generated			funds:
Voluntary Income:
Donations and legacies							183,384	243,803	407,187	1,140,640
Activities for generating		funds;
Canteen sales							5,916		6,916	131,216
Tradinglncome;
lakeside Commercial	Income						180,822		180,822	273,897
Spa Income							(9,716)		(9,716)	189,088
Ansdell arena							16,706		18,708	58,931
Rent receivable							2,817		2,617	2,856
Investment income							1,426		1,426	14,613
Incoming resources	from		charitable			activities:
Activity centres						6	1,180,288	2,181,817	3,362,103	7,174,886
Community facgltles						6	131,100	118,337	249,437	933,014
Social housing						6	666,632	81,040	738,672	790,323
							2,328,173	2,624,997	4,963,170	10,708,044
Otherlncome
Coronavlrus lob Retention			Scheme				1,896,723		1,896,723
Total Incoming resources							4,223,896	2,624,997	6,848,893	10,708,044
Costs of generating	funds:
Cost ofsales							2,832		2,832	175,528
Trading costs							362,722		362,722	429,639
Sub total cost of generagng				funds			366,664		366,564	606,167
Charitable activities							3,639,886	2,426,797	6,986,683	9,440,349
Governance costs							14,600		14,600	14,550
							3,664,486	2,426,797	6,980,283	9,454,899
Total resources expended							3,910,040	2,426,797	6,336,837	10,060,066
Net incoming/(outgoing)			resources			for the
year before transfers		and		taxation			313,868	199,200	613,068	647,978
Transfers between funds
Taxatlon
							313,866	199,200	613,066	647,978
Other recognised gains		and		losses
pension (deficit) /gain	re change				In assumptions		(33,246)		(33,246)	(8,306)
Gains on investments							6,436		6,436	107
Net Income/(expenditure)				for the
year/Net movement	ln funds						287,046	199,200	488,248	839,779
Fund balances at 1April 2020							1,706,069	2,683,961	4,370,020	3,730,241
Fund balances at 31 March 2021						16	1,993,116	2,883,161	4,866,266	4,370,020

FOR THE )rEAR E		N	DE	D	31MA	RCH 2027
Prior finandal year									Restricted
31March 2020								Unrestricted	Income	Total
								Funds	Funds	2020
							Notes	6	f	6
Incoming resources
Incoming resources	from			generated		funds:
Voluntary income:
Donations and legades							3	44,968	1,095,682	1,140,640
Transfer ofBlackburn		YMCA
Activities for generating			funds:
Canteen sales								131,216		131,216
Tradingincome:
Lakeside Commercial		Income						273,897		273,897
Spa Income								189,688		189,688
Ansdeg arena								66,931		66,931
Rent receivable								2,856		2,856
Investment Income							4	14,613	1,096,682	14,613 ~8, 2(
Incoming resources	from			charitable		activities:
Activity centres							6	6,849,972	324,894	7,174,866
Community faclgtles							6	291,917	841,097	933,014
Social housing							6	777,447	12,876	790,323
Total incoming resources								8,633,495	2,074,649	10,708,044
Costs of generating	funds:
Cost ofsales								175,528		176,628
Trading costs								429,639		429,639
Sub total cost ofgenerating				funds				606,167		606,167
Charitable activities							6	8,306,286	1,134,084	9,440,349
Governance costs							6	14,550		14,660
							6	8,320,836	1,134,064	9,454,899
Total resources expended								8,926,002	1,134,064	10,060,066
Net Incoming/(outgoing)				resources		for the
year before transfers		and		taxatlon				(292,607)	940,485	647,978
Transfers between funds
Taxation
								(292,607)	940,486	647,978
Other recognised gains			and losses
Pension degclt gain re		change			In assumptions			(8,306)		(8,306)
Gains on investments								107		107
Net Income/(expenditure)				for	the
year/Net movement	In		funds					(300,706)	940,486	639,779
Fund balances at 1April			2019					2,006,775	1,723,466	3,730,241
Fund balances at 31		March 2020					16	1,706,069	2,663,961	4,370,020

			Charity		Group	Group
			2021	2020	2021	2020
		Notes	8	6	6	5
Fixed Assets
Tangible assets		11	7,109,192	7,258,188	7,120,230	7,259,486
Investments		2	91,878	85,443	91,879	85,442
			7,201,070	7,343,631	7,212,109	7,344,928
Current assets
Stocks
Debtors: amounts	falling due within
one year		12	884,124	1,169,486	843,147	1,113,399
Debtors: amounts	falling due after more
than one year
Cash at bank and in hand			1,943,051	823,624	2,013,259	964,679
			2,827,175	1,993,110	2,866,406	2,078,078
Creditors:
Amounts falling due within one year		13	856,307	1,378,361	896,577	1,464,626
Net current assets			1,970,868	614,749	1,959,829	613,452
Total assets less current liabilities			9,171,938	7,958,380	9,171,938	7,958,380
Creditors:
Amounts falling due over one year		14	4,209,862	3,496,082	4,209,862	3,496,082
Provision for liabilities
Pension liability			105,810	92,278	105,810	92,278
Net assets			4,856,266	4,370,020	4,856,266	4,370,020
Restricted funds		16and 17	2,863,151	2,663,951	2,863,151	2,663,951
Unrestricted funds		16and 17	1,681,345	1,364,154	1,681,345	1,364,154
Designated fund		16and 17	311,770	341,915	311,770	341,915
Total charity funds			4,856,266	4,370,020	4,856,266	4,370,020

			Page	2021		2020
				f
Cashflows from operating	activities
Cash generated from operations			22		515,024		809,104
Investing activities
Interest received				1,426		14,613
Interest paid				(70,297)		(85,614)
					(68,871)		(71,001)
Financing activities
New bank loan				800,000		1,500,000
Purchase of tangible fixed assets				(188,656)		(2,164,214)
Sale/ (purchase) offixed asset investments						65,000
New hire purchase advance						71,325
Repayment of hire purchase				(8,917)		(22,289)
Repayment ofbank loans						(35,124)
Net cash used in Investing	activities				602,427		(585,302)
Net decrease in cash and	cash equivalents				1,048,580		152,801
Cash and cash equivalents	at beginnIng	ofyear			964,679		811,878
Cash and cash equivalents	at end ofyear				2,013,259		964,679

Reconciliation ofchanges in resources to	Reconciliation ofchanges in resources to	Reconciliation ofchanges in resources to	Reconciliation ofchanges in resources to	Reconciliation ofchanges in resources to
net cash Inflow from operating		activities
							2021f	2020 F
Surplus for the year							513,056	647,978
Depreciation and impairment of	tangible		fixed assets				327,912	337,832
Investment income recognised	in	statement		of financial	activities		(1,426)	(14,613)
(Loss)/Gain on pension scheme	valuation						(33,245)	(8,306)
Interest paid							69,350	85,185
Hire purchase Interest							947	429
Movements in working capital
Decrease/(Increase) in stocks								13,612
Decrease/(Increase) in debtors							270,252	210,736
Increase/(Decrease) in creditors							(645,354)	(456,291)
Increase/(Decrease) in pension	obligation						13,532	(7,458)
Net cash inflow from operating		activities					515,024	809,104
Analysis of changes In net funds					At			At
					1 April	Cash	Other	31 March
					2020 E	Flows E	Non-cash E	2021 f
Cash at bank and in hand					964,679	1,048,580		2,013,259
Loans falling due within one year						(77,304)		(77,304)
Loans falling due after more than		one year			(3,464,877)	(?22,696)		(4,187,573)
Obligations under finance leases					(49,035)	8,916		(40,119)
					(2,549,233)	257,496		(2,291,737)

1.2	Going concern (continued)
	Whgst there is still some uncertainty in relaUon to lhe pandemic, Ihe charily is in a slable posiUon and continues to
	monitor cash flow and reserves to buikl up funds to meet obggstlons going forward. The trustees have been prudent		and
	realistic In their esgmatlons, snd the reuslts for the current perood exceed Iheir original budgets.
	The trustees therefore have a reasonable expectation that the charity can congnue ln operational existence for Ihe
	foreseeable future and It is therefore a going concern.
1.3	Charitable funds
	Unrestricted funds are avagsble for use at the discreUon ofthe Irustees in furtherance oftheir charitable ob)ecUves unless
	the funds have been designated for other purposes.
	Restdcted funds are accounted for In accordance with the terms and condiUons ofihe restricted income received.
	Designated funds comprise unresincted funds that have been set aside by Ihe trustees for pargculsr	purposes.
1.4	Incoming resources
	Income is recognised when the charily is legally entiUed to it after any perfomance condlUons have	been mel, Ihe amounts
	csn be measured regably, and it is probable that income wgl be received.
	Cash donations sre recognised on receipt. Other donagons are recognised once Ihe charity has been nogged ofihe
	donation, unless performance condglons require deferral ofIhe amounL Included wghin donations	and legacies is the
	sum of223,320(2020-211,538)receivable as s giR akl donsgon from the trading subsidiary company.
	Legades are recognised on receipt or otherwise if the charily has been notified ofan Impending distribuUon, Ihe amount
	Is knovm, and receipt is expected. Ifthe amount is not knovm, the legacy is treated as a congngenl	assef.
	Investment income is accounted for as and when receivable.
	Income from grants, sre recognised when the charity has entiUement to ihe funds, any performance	conditions attached
	to Ihe grants have been met, il is probable thai the income wgl be received and the amount can be	reliably measured	and
	is not deferred.
	Other income, whkh indudes subscrlpgons, membership charges, food and drink sales and rental	income, Is measured
	at the fair value ofthe conslderagon received or receivable, and represents smounls receivable for goods and services,
	stated net ofVAT where sppgcable.
	Donsied goods and services are recognised as income when the charity has control over Ihe item,	any condiUons
	associated viith the donated item have been met, Ihe receipt ofeconomic benefit from the use by ihe charity of the item is
	probable and that economic benefit can be measured reliably. In accordance with ChsriUes SORP	FRS102,Ihe general
	volunteer time is not recognised.

1	Accounting policies (continued)
1.6	Resources expended
	Expenditure is recognised once there is a legal or constructive obligation to make a payment to			a third party,
	it is probable that the settlement will be required and the amount	ofthe obligation can	be measured		reliably.
	Expsndilure is classified under the following activity headings:
	-costs ofgenerating funds comprise ofthe costs ofcommercial	trading by the subskliary trading		company,
	food and drink costs ofthe charity and goods for resale at swimming centres.
	-expenditure on charitable activities Includes direct expenditure	on charitable activities	snd their	associated
	support costs. Support costs are those functions that assist the work ofthe charity but		do not directly
	undertake charitable activities. They include back office costs of	personnel, telephone	and finance costs.
	The basis on which support costs have been agocated are set out in note 6.
	—governance costs include the statutory audit costs.
1.6	Tangible fixed assets and depreciation
	Tangible fixed assets sre Initially measured at cost and subsequently measured at cost or valuation,					net of
	depreciation and any impairment losses.
	Depreciation is recognised so as to write off the cost or valuation	ofassets less their residual values				over their
	useful lives on the following bases;-
	Alterations to leasehold buildings over	period of lease
	Plant and machinery 25'yo/33.3% oii cost
	Fixtures, fittings and equipment 10%on cost
	The gain or loss arising on the disposal ofan asset Is determined	as the difference between the		sale		proceeds
	and the carrying value ofthe asset, and is recognised in nst income/(expenditure) for		the year.
1.7	Impairment offixed assets
	At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine
	whether there is any indicagon that those assets have suffered an impairment loss. If		any such	indication
	exists, the recoverable amount ofthe asset Is estimated In order	to determine the extent ofthe		impairment
	loss (ifany).
	Recoverable amount is the higher of fair value less costs to sell	and value in use. In assessing		value		in use,
	the estimated future cash ffows are discounted to their present value using a discount		rate that	reflects
	current market assessments ofIhe time value ofmoney and the	risks speclffc to the asset for which				Ihe
	estimates of future cash flows have not been adjusted.
	Ifthe recoverable amount ofan asset Is estimated to be less than Its carrying amount,		the carrying amount
	ofthe easel is reduced to its recoverable amount. An impairment	loss is recognised immediately		in	income/
	(expenditure) for the year.

	Accounting policies (continued)
L7	Impairment of fixed assets
	Recognised impairment losses are reversed if, and only if, the reasons for the Impairment loss	have ceased
	to apply. Where an impairment loss subsequently reverses, the canying smounl ofthe asset Is increased			lo
	the revised estimate of its recoverable amount, but so that the Increased carrying amount does not exceed
	the carrying amount that would have been determined had no Impairment loss been recognised	for the asset
	in prior years. A reversal of an impairment loss is recognised Immediately.
1.8	Stocks
	Stocks are valued at ihe lower ofcost and net realisable value. Cost is computed on a first In first		out
	basis.
1.9	Cash and cash equivalents
	Cash and cash equivalents include cash in hand, deposits hekl st call with banks snd bank overdraffs.
	Bank overdraffs are shown within borrowlngs in current gabgffies.
1.10	Pensions
	Fylde Coast YMCA participated in s muhi-employer defined benefll pension plan for employees	of
	YMCA's in England, Scotland and Wales, which was dosed to new members and accrusls on	30	April
	2007.The Plan's aduary has advised that it is nol possible to separately klentify the assets and
	liabilities relating to Fylde Coast YMCA and therefore the scheme Is accounted for as a defined
	contribution scheme. As described in note 19,Fylde Coast YMCA has a contractual obggation	to make
	pension deficit payments of516,235 p,a, over the period to April 2029, and therefore this is shown		as a
	liability in these accounts,
	Fylde Coast YMCA operates a defined contribution pension scheme for its current employees.
	Contributions are charged in the accounts as they become payable.
	Leases
	Leases are classiffed ss finance leases whenever Ihe terms ofthe lease transfer substaniiaffy	ag	ihe risks
	snd rewards ofownership to the lessees. Ag other leases sre classified as operating leases and charged
	against income on a straight line basis over the lease term.
	Assets held under finance kisses are recognised ss assets at the lower ofthe assets fair value	at	the date
	of inception and the present value ofthe minimum lease payments. The related liabgffy Is Included		In the
	balance sheet as a finance lease obligation, Lease payments are Irealed as consisting ofCapital		and
	interest elements. The interest is charged to net expendffure for the year so as to produce a constant
	periodic rate of interest on the remaining balance ofthe gabglty.
1.12	Financial Instruments
	The charity has ekrcted lo apply the provisions ofSection 11 Basic Financial Instruments" and	Section
	12"Other Flnandal Instruments Issues" ofFRS 102to ag its ffnancisl instruments. Financial instruments
	are recognised in the charity's balance sheet when the charity becomes party to ihe contractual	provisions
	of the Instrument.
	Finsndal assets and liabilities sre offset, with ihe net amounts presented in the financial slatemenls,
	when there is a legally enforceable righi to set off the recognised amounts and there is an Intenffon to
	setge on a net basis or to reaffse the asset and settle the liability simuffaneously.
	Basic financial assets
	Basic financial assets, which include debtors and cash and bank balances, are initlagy measured		st
	transaction price including transaction costs and are subsequently carried at amortised cost using		the
	effective interest method unless lhe arrangement constitutes a flnandng transadlon, where the
	transaction is measured st the present value ofths future receipts discounted at a market rate	of	Interest.
	Financial assets classified as receivable wffhin one year are not amorgsed.
	Basic financial gabgltles
	Basic financial 4abgities, including credffors, are infflagy recognised at transadion price unless	the
	arrangemenl constffutes a financing transadion, where the debt Instrument Is measured at the	present
	value ofthe future receipts discounted at a market rate of InteresL Financial liabilities classified	ss
	payable within one year are not amortlsed. Trade credffors are obggstlons to pay for goods or services
	that have been acquired In the ordinary course ofoperations from suppgers. Amounts payable	sre
	classified as current gsbgitles Ifpayment Is due within one year or less. If nol, they are presented		as
	non-current gabgliies. Trade creditors are recognised initially st transaction price snd subsequenily
	measured at amorffsed cost using the effective interest method.

Profit and Loss Account	Profit and Loss Account	Profit and Loss Account	Profit and Loss Account	Profit and Loss Account					2021	2020
									f	6
Turnover									190,430	544,872
Covld-19)RS		Claim							189,500
Cost ofsales										101,530
Gross Profit									378,605	443,342
Administrative		expenses								~432 239
Operating Profit									23,283	11,103
Interest receivable									37	435
									23320	11/38
Donation										~11P38)
Profit before		tax
Tax Charge
Retained in	subsidiary
The aggregate ofthe assets, Rabgfties and								funds were:
Gross assets									168,661	182,456
Uabgltles									(158,550)	(182,455)
Furtds									I	1
Investments		other than		In		subsidiary
Movement	in market value								2021	2020
									f	f
Market Value b/fwd									86,442	150,335
Transfer ln	at Market Value
Acquisitions		at cost
Disposal at	cost									(65,000)
Net gains on		revaluations			In the year				6,436	107
Va				c		2021			91,877	85,442
C		3	a			2021			75,000	~75 000
Analysis of	Investments				between		funds
								Deafgnated	2021	2020
~ULeenvv~es		m~						f	f	f
UK Quoted	fixed Interest				securities
~O~nes lggg)2 UK Investment Bonds								91,877	91,877	~85442
								91,877	91,877	85,442

3	Donations snd legacies			Charity	Charity	Group
				Unrestricted	Restrfcted	Unrestricted	Restricted	Total	Total
				funds	funds	funds	funds	2021	2020
				f	f	f	f	f	f
	Donations			186,704	243,803	163,384	243,803	407,187	1,140,640
								Restricted	1,095,682
								Unrestricted	44,958
								Total	1,140,640
4	Investment Income			Charity		Group
				Unrestricted	Restricted	Unrestricted	Restricted	Total	Total
				funds	funds	funds	funds	2021	2020
				f	f	f	f	f	f
	Interest received			1,389	-	1,426		1,426	14,613
									Unrestricted
	Ag ofthe Investment income arose in the			UK.
	Incoming resources from charitable		activities
								Group	Group
						Unrestricted	Restricted	Total	Total
						funds	funds	2021	2020
						f	f	f	f
	Activity Centres
	Subscrlptions and charges					104,638		104,638	1,980,975
	Swimming Charges					46,701		46,701	1,308,149
	Management Services					91,889		91,689	95,996
	Memberships					661,781		661,781	2,611,109
	Room hire					2,342		2,342	140,683
	Grants received (Incl. Covid-19 Grants)					379,486	2,181,817	2,661,303	1,027,302
	Other income					3,649		3,649	10,652
	Totals for Activity Centres					1,180,286	2,181,817	3,362,103	7,174,866
	Community Faclgtles
	Subscrlptlons and charges					19,763		19,763	162,690
	Chlldcare charges								56,877
	Grants received					96,762	118,337	216,099	670,406
	Management services					14,483		14,483	32,812
	Service level agreements	re maintenance		&recharges					4,214
	Room hire								5+00
	Other income					92		92	515
	Totals for Community	Faclgtles
	goclal Housing
	Jubilee Cottages						42,064	42,064	12,876
	Housing provision							168,662	246,495
	Grants received						38,986	38,986
	Empty Homes rent								15,991
	Rent/Housing support					487,080		487,080	514,961
	Totals for gochd Housing					666,632	81,040	736,672	790,323
	Total Income from charitable activities					1,967,018	2,381,194	4,348,212	8,898403
								Restricted	978,867
								Unrestricted	7,919,336
								Total	8,898,203

Total resources	Total resources	expended
				Basis of	Activity	Community		Social		Total	Total
			agocatlon		cent%a		facgRies	Housing	Governance	2021	2020
Direct costs
allocated to
activities
Staff costs			Direct		2,947,368		121,636	339,267		3,408,246	4,970,847
Premises costs			Direct		325,088		68,666	234,165		627,908	1,126,485
Travel			Direct		6,668		447	1,967		7,962	45,033
Members' ActMties			Direct		43,433		1,191	6,837		60,461	372,233
Repairs &renewals			Direct		485,304		19,606	68,476		673,386	694,454
Lakeside catering			Direct		33,621					33,621	284,434
Telephone			Direct		72,527		11,196	8,810		90,632	104,109
Advertising			Direct		22 237					22,237	113A60
Stationery			Direct		28,622		1,940	3,739		34,301	48,028
Irrecoverable	VAT		Direct		167,537		8,731	23,468		199,736	391,240
Audit Fee			Direct						12,000	12,000	11,950
Equipment Leasing			Direct		88,991					86,991	177,035
Sundries			Direct		4,062		431	4,487		8,980	20,524
Cleaning &waste disposal			Direct		60,494		2,685	11,602			120,223
Depreciation			Direct		252,951		1,045	69,288		323,284	326,651
Cost ofraising Loan interest	finance			Direct Direct	69,350					0 69,360	10,472 85,185
Hire purchase	Interest			Direct	947					947	429
Professional	Fees			Direct	62,636			2,973		65,609	51,229
Support costs
allocated to
activities
Staff Costs				Time	163,011			31,340		184,361	329,726
Premises costs				Usage	62,870			10,829		63,699	78,623
Travel				Usage						0	102
Members' Activities				Usage	626			128		753	3,036
Repairs Ik renewals				Usa6e	249			51		300	3,505
Telephone				Usage	9,036			1,850		10,886	13,297
Stationery				Usage	2,908			696		3,602	423
Cleaning &sundries				Usage	739			151		890	715
Professlonal	Fees			Usage	28,062			6,749		33,810	39,981
Depreciation				Usage	1,651			318		1,869	10,856
Bank Charges				Usage	6,218			1,273		7,489	17,914
Company Total					4,903,979		237,471	824,233	12,000	6,977,683	9,452,299
Audit fee for	subsldkrry								2,600	2,600	2,600
Group Total					4,903,979		237,471	824,233	14,600	6,980,283	9,454,899
								Chartty		Group
Analysis by	Fund							2021	2020	2021	2020
								E	E	F.	E
Unrestricted								3,551,886	8,318,235	3,664,486	8,320,835
Restdcled								2,426,797	1,134,064	2,426,797	1,134,064
								6,977,683	9,452,299	5,980,283	9,454,899
Net Outgoing		Resources	for the Period
								Charity		Group
Are stated after charglngr								2021	2020	2021	2020
								5	E	E	E
Operating lease rentals								86,991	177,035	86,991	179,437
Depreciation								326,162	337,507	327,912	337,832
Costs ofstocks		recognised	as	an expense				1,607	73,998	2,832	175,528
Auditors' Remuneration					Audit services			12,000	11,950	14,600	14A50
					VAT compliance	services		4,620	4,620	4,620	4,620
The Group audit remuneration				Indudes fees for the subsidiary			company audit of62,600(2020: E2,600I.

			Charity		Group
			2021	2020	2021	2020
			No.	No.	No.	No.
Management	and	administration	30	32	31	34
Operational			263	490	269	517
			293	522	300	551

		Charity	Charity	Group	Group
Employment	costs	2021 f.	2020 E	2021 f	2020 f
Wages and salaries		3,349,304	4,934,540	3,668,980	5,251,508
Social security	costs	162,672	247,909	472,248	265,658
Pension costs		67,672	71,585	71,576	76,426
Staff training		13,062	46,540	13,052	47,538
		3,592,600	5,300,574	4,216,866	5,641,230

Tangible fixed assets ofthe charity
	Alterations
	to Leasehold		Fixtures,
	Land and	Plant and	fittings &	Motor
	Bugdlngs	Machinery	equipment	vehicles	Total
	f	p.	8	f	f
At 1April 2020	10,378,848	1,499,651	7,015		11,885,514
Additions	168,750	7,406			176,156
Disposals
At 31 March 2021	10,647,698	1,607,067	7,016		12,061,670
Depreciation
At 1Aprg 2020	3,276,858	1,347,880	2,588		4,627,326
On Disposals
Charge for the period	253,813	70,707	632		325,152
At 31 March 2021	3,630,671	1,418,687	3,220		4,952,478
Net book value
At 31 March 2021	7,016,927	88,470	3,795		7,109,192
At 31March 2020	7,101,990	151,771	4,427		7,258,188

		Alterations
		to Leasehold		Fixtures,
		Land end	Plant and	flNings &	Motor
		Bugdlngs f	Machinery f	equipment f	vehicles f	Total f
Cost
At 1April 2020		10A78,848	1,507,658	7,015		11,893,521
Additions		168,750	19,906			188,656
Dis pose la At 31 March	2021	10,647,598	1,627,664	7,015		12,082,177
Depreclagon
At 1Aprg 2020		3,276,858	1,354,589	2,588		4,634,035
On Dlsposals
Charge for the period		253,813	73,467	632		327,912
At 31 March	2021	3,630,671	1,428,066	3,220		4,981,947
Net book value
At 31March	2021	7,016,927	99,608	3,796		7,120,230
At31March	2020	7,101,990	153,069	4,427		7,259,486

Included above are assets held under hire purchase contracts ss follows:	2021	2020
	Phnt &	Plant	&
	~ec Ine	~Mchlne
Cost	59,437		59,437
Deprechtion	29,718		14,859
Net BookValue	29,719		ll4,578

Debtors
									Chadty				Group
									2021		2020		2021		2020
									E		E		f		E
Trade Debtors									600,108		444,009		649,666		468,075
Amounts due from subsidiary					undertakings				110,668		96,189
Other debtors									196,636		194,950		216,870		210,779
Oue from related party									41,267		407,107		41,267		407,107
Prepayments and accrued			income						36,446		27,231		36,446		27,438
									884,124	1,169,486			843,147	1,113399
Creditors: amounts		fafllng		due within one				year	Charity				Group
									2021		2020		2021		2020
									f		E		f		E
Trade creditors									160,773		422,264		177,126		488,567
Iaxes and sodal security			costs						87,823		127,265		94,197		133,907
Other creditors									302,700		535,103		302,700		535,103
Accruals and deferred		income							219,876		275,899		227A19		289,219
Bank Loan									77,304				77,304
Hire purchase advances									17,831		17,830		17,831		17,830
									866,307	1,378,361			898,677	1,464,626
Creditors: amounts		feglng		due after more				than one year
									Charity				Gl'cup
									2021		2020		2021		2020
									f		E		f		E
Bank loan									3,454,238	3,464,877		3,454,238		3,464,877
CBII5 Loan									733,335				733,335
Hire purchase advances									22,289		31,205		22,289		31,205
									4,209,862	3,496,082		4,209,862		3,496,082
Amounts due more	than		5years by insialments						3,254485	3,182,903			3,154,585	3,182,903
The bank loan is repayable				over 25years			from March 2022, with interest only payments due up							to that date
interest ls charged	at 2.657				over Bank of		England base rate.
The loan Is secured	by first			legal charge over the leasehold interest						ln	the property,		and fixed and		floating
charges over ag the		assets and				undertakings		ofthe charity and its		trading subsidiary.
Financial Instruments									Charity				Group
									2021		2020		2021		2020
Carrying amount of		flnanclal				instruments			E		E		f		E
Debt Instruments	measured				at amortlsed		cost		2,731,571		948,203		2,858,848		891,910
Equity Instruments	measured					at cost less
Impairment									1		1
Carrying amount of		financial				gabflltles
Measured at arnortised			cost						4,649,402		1,CD6,403		4,689,706		1,072,707

Statement offunds ofcharity and group	Statement offunds ofcharity and group
Currentyesr			Movement In funds
		Balance at	Incoming	Resources	Deprecla-	Balance at
		1 April	resourceef	expendedf	tlon tfr	31 March
		2020	transfers	transfers		2021
		E	E	E	E	E
General reserve		2364,154	3,859,426	(3,542,235)		1,681,345
Designated fund
Empty Homes - Fykle		10,025		(10,025)
Eeet Lance transfer ofassets		326,890	7,824	(22,312)	(632)	311,770
R and equipment maintenance
provision
Total unrestricted funds		1,706,C69	3,867,250	(3,579472)	(632)	1,993,116
Restricted funds
Lofthouse Development		13,859			(13,859)
lakeside development		2,134,292	187,313	(187,313)	(22,079)	2,112,213
Lakeside Crowd Funding			11,250	(8,055)		3,195
Harbors Hotlse		11,020	14,796	(289)		26,627
Face to face			8,400	(5,000)		3,400
Foyer		3,473	5,204			8,677
Sandringham Seafiekl Road		9,185	12,935	(12,935)		9,186
Fylde Counselling Servke	Blackpool	24,200	4,230	(5,'725)		22,706
Fykle Housing Donagon		10,371		(10,000)		371
Igfkham Rural Splash			49,547	(49,547)
SL Annes Pool			135,434	(135,434)
Dlssbgity Fun Pod		1,855				1,866
Llsa Wgks Fund		825				826
Lakeside Bursary		1,773	1,873	(50)		3,696
Lancastef' fkmaUons		1,115				1,116
Lancaster EHWB			25,383	(15,340)		10,043
Mrs Pargngton Fund		5,250				6,260
Nagonwlde		49,000		(27,928)		21,072
Lancaster Reaching communities		57,000	40,861	(83,409)		14,462
Betty Sharpies DanaUons		160				160
Fykle Dgers		20571		(94)		10,477
Fylds Sharks		45,264	1,983	(472)		46,776
InnovaUon Fund - Pelican	Rouge	5,834	49			6,883
Innovation Fund			11,334			11,334
Cardiac Rehab		20,000		(20,000)
PDS Medkal			24,800			24,800
Sodal Housing Charities	Trust		38,986			38,986
Trl Sports - Wyre Wheels			11,680			11,680
Covkl-19 rates gfaffts			95,000	(95,000)
FBCextra Covid-1 9Supaort			240,000	(240,000)
WBC extra Covld-18 support			1,661,885	(1,442,086)		219,799
~Link ~0~Ca l(6~un
Jubgee Collage Trust		189,732				189,732
Links C	und
Jubgee Cottage Trust		69,172	42,054	(51,182)		60,044
		2,663,951	2,624,997	(2,389,859)	(35,938)	2,863,161

Statement of funds ofcharfly and group
Prior financial year 31March 2020		Movement ln funds
	Balance at	Incoming	Resources	Deprecla-	Balance at
	1 Aprfl	resourcesl	expendedl	tlon ffr	31 March
	2019	transfers	transfers		2020
	E	E	E	6	8
Generalreserve	1,748,369	8,523,813	(8,908,028)		1,364,164
Desfgnated fund
Empty Homes - Fykle	14,808	15,991	(20,774)		10,026
East Lance transfer ofassets	243,598	88,691	(4,767)	(632)	326,890
ITand equipment maintenance
provision					6,000
Total unrestrkted funds	2,0C6,775	8,633,495	(8,933A69)	(632)	1,706,069
Restrfcted funds
Lofthouse Development	79,952			(66,093)	13,869
Lakeside development	1,406,385	749,986		(22,079)	2,134,292
Lofthouse Group (NNI) maJor repairs	73,522		(73,522)
Herbe w House	7,551	7,750	(4,281)		11 020
Fo'/sr	4,664	53	(1,244)		3,473
Ssndrlngham Seageff Road	11,420		(2,235)		9,186
NCS	25,412	248,349	(273,761)
Fylde CounseNlng Senrlce Blackpool	26,456	17,674	(19,930)		24,200
Fykle Housing Decagon	371	10,0CO			10,371
Your Move - Acgve heahh	10,000	288,011	(298,011)
FBCSpode development	2,917		(2,917)
Klrkham Rural Splash		46,024	(46,024)
SLAnnes Pool		132,960	(132,960)
Dissbgfly Fun Pod	2,440		(585)		1,866
Lies Wilks Fund	825				826
Lakeside Bursary	654	1,119			1,773
Lancaster Youth Grani	33,684	3,840	(37A24)
Lancaster donagons		1,115			1,116
Nagonal Financial MFL	300		(300)
Lancaster EHWB	13,832	2,163	(15,995)
Mrs Pargnglon Fund	5,250				6,260
Nagonwide		50,COO	(1,000)		49,000
Lancaster Reaching communldes		107,259	(50259)		67,000
Betty Sharpies Donations		160			160
Fylde DNers	9,481	9,762	(8,672)		10,671
Fylds Sharks		48,563	(3,299)		46,264
Lancaster BMS		22,014	(22,014)
Besoil Ufeglmrd		29,396	(29,396)
Splash Pad		2,500	(2,500)
Innovation Fund - Pelken Rouge	8,350	2,500	(5,016)		6,834
Cardiac Rehab		20,000			20,000
Inked 0 Cs Ital Fun
JuMee CoNage Trust		189,732			189,732
ed Cherl
Jubgee CoNage Trust		83,619	(14,447)		69,172
	1,723,466	2,074,549	(1,045,892)	(88,172)	2,663,961

Analysis ofthe charity's	Analysis ofthe charity's	Analysis ofthe charity's	Analysis ofthe charity's	net assets	between
CurrentYear						Unrestricted	Restricted	Total
						Funds	Funds
						6	E
Fund balances at31		March 2021are
represented by:
Tangible fixed assets						963,177	6,157,053	7,120,230
Investments						91,879		91,879
Current Assets						2,597,133	259,273	2,868,406
Creditors: amounts	faglng due within				one year	(867.,495)	(35,082)	(896,677)
Creditors;amounts	faglng due after one year					(691,769)	(3,518,093)	(4,209,862)
Provisions for liabilities			and charges			(105,810)		(106,810)
At 31 March 2021						1,993,115	2,863,151	4,668,263
Prior year: 31March			2020			Unrestricted	Restricted	Total
						Funds	Funds
						E	E
Fund balances at31March 2020 are
represented by:
Tangible fixed assets						1,202,472	6,057,014	7,269,486
Investments						85,442		86,442
Current Assets						1,784,088	293,990	2,078,079
Creditors: amounts		faglng due within			one year	(1,273,655)	(190,971)	(1,464,626)
Creditors:amounts		faglng due after			one year		(3,496,082)	(3,496,082)
Provisions for llabgltles				and charges		(92,278)		(92,278)
At 31 March 2020						1,706,069	2,663,951	4,370,02D

At 31March	2021the company	had	total minimum,	total minimum,	lease payments	under non-cancegable	operating leases
as fogows:
			Land	and	Bugdlngs		Other
					2021	2020	2021	2020
					E	E	E	E
Expiry date:
In one year				30,450		30,450	108,187	233,875
ln two to Ave	years			48,438		58,188	23,092	96,195
In over hve years				17,600		22,500
Pension and	other post-regrement		benefit commitments
Degned contribution							2021	2 20
Contributions	payable by the g	roup	for the year				71,576	76,426

					REPAYABLE
					Within	1-2	2 - 5	After	5	After &	TOTAL	TOTAL
					one year F.	years E	years F	years	f	one year f	2021 f	2020 f
As	at	31	March	2021	16,764	16,261	45,914	26	,871	89,046	105,810
As	at	31	March	2020	16,272	15,783	44,567	15,657		76,007		92,279

		Unrestricted	Restricted	Total
		Funds	Funds	2021
		f	f	f
Tangible	Fixed Assets
Net Current Assets			249,776	249,776
			249,776	249,776