Red Lodge Community Pool Ltd, Vermont Close, Winchester Road Southampton SO16 7LT 023 8076 8209 www.redlodgeswim.com
“A charity run by the community for the community”
Trustees' Annual Report
For the year: 1st April 2020 to 31st March 2021
We continue to live in unprecedented times However, unlike those dark days in 2020, there is light at the end of the tunnel. The vaccination roll-out is continuing and with it the return of what we used to call normal. However, the report cannot be read without consideration of events that have occurred and continue to challenge us.
Throughout the reporting period the Pool continues to comply with all the legal standards, and we strive to meet our stated objectives.
The Company's premises consists of a swimming pool which was designed for the disabled and 15% of activity is directed towards this. A further 63% of the Company's revenue is from teaching young people to swim for the benefit of their wellbeing and safety.
The pool accommodates parent and baby sessions, nursery schools, local schools that include swimming in their curriculum, private groups, disabled groups, exercise classes and the Red Lodge Community Pool Swim Academy, Rookies and Lifesaving Club.
On advice from Swim England, our professional body and the Government we have had to follow national guidance on closure during the Covid Pandemic lockdowns or reduce the numbers of users using the pool when we have been able to open.
Throughout the time we were open, we followed stringent covid precautions and had limited swimmers using the pool. Innovative thinking allowed us to offer ‘bubble swims’ so that family groups could use half the pool for a small fee. This was well received by our community. Numbers in the swim school have been reduced too. But with a strict cleaning regime we were able to continue to offer a restricted safe service to our community.
Unfortunately due to the difficult conditions, we made a substantial financial loss of £26,513. This was a direct result of the extended periods of lockdown, but thankfully we have applied for and received grants to support the pool, otherwise the loss would have been far greater.
The community support continues to be extremely positive, and all our reduced numbers booked session were full.
In our 21[st] year as a charity, we continue to look forward to whatever the future may hold, in the knowledge that we have the support of our community and some extremely talented people.
The trustees hereby declare that they have had regard to the Guidance issued by the Charity Commission on public benefit.
Denice Wray Trustee/Director October 2021
Red Lodge Community Pool Limited Registered Office: Vermont Close, Winchester Road, Southampton SO16 7LT Registered Charity Number: 1084564 Company Number 3927198
D. Wray Director C.Gould Director A. Gibson: Director J. Swabe: Director
STATEMENT OF ACCOUNTS
FOR THE YEAR ENDED
31[st] MARCH 2021.
Charity No: 1084564
Companies House Registration: 03927198
RED LODGE COMMUNITY POOL LIMITED
BALANCE SHEET AS AT 31st Mar 2021
| BALANCE SHEET AS AT 31st Mar 2021 |
||||
|---|---|---|---|---|
| 31st Mar 2021 | 31st Mar 2020 | |||
| FIXED ASSETS | ||||
| Building Improvements | 61,405 | 61,405 | ||
| CURRENT ASSETS | ||||
| Cash at Bank | 16,803 | 43,237 | ||
| Deposit Accounts | 16,359 | 16,334 | ||
| Cash in Hand | 0 | 0 | ||
| Trading Stock | 1,210 | 1,385 | ||
| Debtors & Prepayments | 7,655 | 10,938 | ||
| TOTAL CURRENT ASSETS | 42,027 | 71,894 | ||
| CURRENT LIABILITIES - CREDITORS DUE WITHIN ONE YEAR | ||||
| Deferred Income | 2,000 | 6,648 | ||
| Accrued Expenses | 10,372 | 9,078 | ||
| NET CURRENT LIABILITIES | 12,372 | 15,726 | ||
| CURRENT ASSETS LESS CURRENT | 29,655 | 56,168 | ||
| LIABILITIES | ||||
| TOTAL ASSETS LESS CURRENT | ||||
| LIABILITIES | £91,060 | £117,573 | ||
| Represented by: | ||||
| Accumulated Fund as at 1st Apr 2020 | 117,573 | 108,327 | ||
| Deficit since 1st April 2020 | -26,513 | 9,246 | ||
| Accumulated Fund as at 31st Mar 2021 | £91,060 | £117,573 |
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RED LODGE COMMUNITY POOL LIMITED
Registered Number 03927198
Notes to the Accounts
for the year ended 31st March 2021
1. Accounting Policies
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting standard for Smaller Entities effective January 2005.
The Company is limited by guarantee and does not have a Share Capital. The liability of Each member of the Company is one pound.
Turnover was £166,300 (2020 - £238,865)
2. Transactions with the Directors
There were no transactions with the Directors
3. Related Party disclosures
There were no related party disclosures.
4. Capital Commitments
There were no Capital Commitments as at the Balance Sheet date. ( 2020 - nil)
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Red Lodge Community Pool Ltd
INCOME & EXPENDITURE ACCOUNT
For the Year to 31st Mar 2021
| Income Public Swimming Lessons Party Hire Schools Community Groups Grants CJRS Insurance Recovery Donations Profit on Accessory Sales Interest Received Expenditure Repairs & Maintenance Chemicals & Gen.Supplies Gas Water Wages Training Clothing Security Rates Electricity Promotional Expenses Telephone/Broadband Insurance Professional Fees Card Collection Fees Miscellaneous Total Expenditure Loss for the Year |
Year to 31st Mar 2021 £ 9,509 46,160 0 12,055 4,425 72,149 18,573 71,837 3,310 281 125 25 166,300 |
Year to 31st Mar 2021 £ 9,509 46,160 0 12,055 4,425 72,149 18,573 71,837 3,310 281 125 25 166,300 |
Year to 31st Mar 2020 £ 23,679 127,206 11,702 60,848 7,314 |
|---|---|---|---|
| 230,749 5,750 0 0 340 1,857 169 |
|||
| 238,865 | |||
| 9,170 3,381 7,459 2,182 |
36,642 8,749 14,971 6,434 |
||
| 22,192 | 66,796 | ||
| 150,521 495 0 |
139,297 2,098 122 |
||
| 151,016 | 141,517 | ||
| 2,872 851 5,544 |
2,790 786 8,373 |
||
| 9,267 49 |
11,949 0 |
||
| 1,123 5,714 0 3452 0 |
1025 5871 0 1518 943 |
||
| 10,289 192,813 (£26,513) |
9,357 229,619 |
||
| £9,246 |
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