Red Lodge Community Pool
Chairperson’s Report Year to 31st March 2023
It has been another challenging year. I am happy to say that the pool continues to thrive. The current financial climate is creating its own problems. As prices increase and essential supplies become more difficult to find, a creative approach has been needed. Our thanks go to Alan for keeping supply lines open.
The swim school is still popular and our schools, community groups and the swim club continue to attend. There is no capacity to expand at the moment and we are very grateful for this.
Bubble swims are still very popular so will continue for the future. Public sessions have been increased in line with the public request. Booking sessions before a swim has increased usage as people are less likely to cancel their plans if they have prepaid for them.
As the pool remains successful and well attended, and as reported last year, parking for our users is still a problem, with no satisfactory resolution at present.
As in the past couple of years, a constant eye has to be kept on the Pools financial position. With all our expenses continuing to go up the committee voted to increase the costs for the swim school by 10%.
The main focus for this year has been on our green credentials. 88 solar panels have been installed onto the roof to help off set our electricity useage. A grant was obtained from the European community, called LoCase and a fund raising initiative called Red Lodge goes green. The solar panels have already paid dividends.
Further initiatives towards our green credentials will be to change the pool hall lighting and sensors on the changing room lights. Many thanks to Gill for organizing a ‘swimathon’ which will go some way to continuing to help us go green.
As with every other year the pool has required some maintenance some of which has been very costly but essential. As we go forward and with the major pool refurbishment hopefully completed, we plan to accumulate a contingency fund if possible to secure the future.
The pool continues to comply with the legal standards and meet our stated objectives.
Policies, procedures and risk assessments have been reviewed and staff briefed on any changes. The safeguarding of all users is always our first priority.
Denice Wray
Chairperson
STATEMENT OF ACCOUNTS
FOR THE YEAR ENDED
31[st] MARCH 2023.
Charity No: 1084564
Companies House Registration: 03927198
RED LODGE COMMUNITY POOL LIMITED
BALANCE SHEET AS AT 31st March 2023
| BALANCE SHEET AS AT 31st March 2023 |
BALANCE SHEET AS AT 31st March 2023 |
BALANCE SHEET AS AT 31st March 2023 |
BALANCE SHEET AS AT 31st March 2023 |
BALANCE SHEET AS AT 31st March 2023 |
|---|---|---|---|---|
| 31st Mar 2023 31st Mar 2022 |
||||
| FIXED ASSETS | ||||
| Building Improvements | 70,769 | 61,405 | ||
| CURRENT ASSETS | ||||
| Cash at Bank | 21,081 | 31,524 | ||
| Deposit Accounts | 25,519 | 25,444 | ||
| Cash in Hand | 0 | 0 | ||
| Trading Stock | 348 | 762 | ||
| Debtors & Prepayments | 7,275 | 10,010 | ||
| TOTAL CURRENT ASSETS | 54,223 | 67,740 | ||
| CURRENT LIABILITIES - CREDITORS DUE WITHIN ONE YEAR | ||||
| Deferred Income | 17,786 | 2,187 | ||
| Accrued Expenses | 6,422 | 5,472 | ||
| NET CURRENT LIABILITIES | 24,208 | 7,659 | ||
| CURRENT ASSETS LESS CURRENT | 30,015 | 60,081 | ||
| LIABILITIES | ||||
| TOTAL ASSETS LESS CURRENT | ||||
| LIABILITIES | £100,784 | £121,486 | ||
| Represented by: | ||||
| Accumulated Fund as at 1st Apr 2022 | 121,486 | 91,060 | ||
| Loss/Surplus since 1st April 2022 | -20,702 | 30,426 | ||
| Accumulated Fund as at 31st Mar 2023 | £100,784 | £121,486 |
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Red Lodge Community Pool Ltd
INCOME & EXPENDITURE ACCOUNT For the Year to 31st Mar 2023
| Year to | Year to | |||
|---|---|---|---|---|
| 31st Mar 2023 | 31st Mar 2022 | |||
| £ | £ | |||
| Income | ||||
| Public | 18,186 | 25,564 | ||
| Swimming Lessons | 141,788 | 135,966 | ||
| Party Hire | 0 | 0 | ||
| Schools | 89,203 | 65,026 | ||
| Community Groups | 22,292 | 10,595 | ||
| 271,469 | 237,151 | |||
| Grants | 10,000 | 0 | ||
| CJRS | 0 | 4,663 | ||
| (NI (2020/21)/Insurance Recovery | 0 | 4,000 | ||
| Donations | 120 | 420 | ||
| Profit on Accessory Sales | 1,259 | 945 | ||
| Interest Received | 146 | 198 | ||
| 282,994 | 247,377 | |||
| Expenditure | ||||
| Repairs & Maintenance | 86,415 | 14,427 | ||
| Chemicals & Gen.Supplies | 9,470 | 8,441 | ||
| Gas | 22,326 | 16,037 | ||
| Water | 5,621 | 4,562 | ||
| 123,832 | 43,467 | |||
| Wages | 151,666 | 148,140 | ||
| Training | 1,200 | 1,215 | ||
| Clothing | 0 | 0 | ||
| 152,866 | 149,355 | |||
| Security | 3,859 | 3,772 | ||
| Rates | 399 | 204 | ||
| Electricity | 11,373 | 9,230 | ||
| 15,631 | 13,206 | |||
| Promotional Expenses | 0 | 0 | ||
| Telephone/Broadband | 1,561 | 1302 | ||
| Insurance | 7,085 | 6242 | ||
| Professional Fees | 0 | 0 | ||
| Card Collection Fees | 2502 | 3306 | ||
| Miscellaneous | 219 | 73 |
| Total Expenditure Surplus/Loss for the Period |
11,367 303,696 (£20,702) |
10,923 216,951 |
|---|---|---|
| £30,426 |
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Page 2
RED LODGE COMMUNITY POOL LIMITED
Registered Number 03927198
Notes to the Accounts
for the year ended 31st March 2023
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 £282,994 (2020 - £247,377)
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. ( 2022 - nil)
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Independent examiner's report on the accounts
Section A Independent Examiner’s Report
Report to the trustees/directors/ members of
Charity Name Red Lodge Community Pool Limited
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On accounts for the year ended
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31[st] March 2023
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Charity no.: 1084564 Company no.: 03927198
Set out on pages
1,2,3
(remember to include the page numbers of additional sheets)
Responsibilities and basis of report
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Independent examiner's statement
I report to the charity trustees on my examination of the accounts of the Company for the year ended DD / MM / YYYY .
As the charity’s trustees of the Company (who are also the directors of the company for the purposes of company law), you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (“the 2006 Act”).
Having satisfied myself that the accounts of the Company are not required to be audited for this year under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (“the 2011 Act”). In carrying
October 2018
1
IER
out my examination, I have followed the Directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act.
I have completed my examination. I confirm that no material matters have come to my attention which gives me cause to believe that:
-
accounting records were not kept in accordance with section 386 of the Companies Act 2006; or
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the accounts do not accord with such records; or
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the accounts do not comply with relevant accounting requirements under section 396 of the Companies Act 2006 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination; or
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•the accounts have not been prepared in accordance with the Charities SORP (FRS102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
- Please delete the words in the brackets if they do not apply.
Signed:
V.E.James 3rd October 2023 Vernon E James
Date:
Name:
Relevant professional qualification(s) or body (if any): Authorised by HMRC to provide Accountancy Services (J1235)
Address:
Pine Hollow Redhill Way Southampton SO16 7NA
Section B Disclosure
Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
Give here brief details of any items that the examiner wishes to disclose .
October 2018
2
IER
IER October 2018