| Page | ||
|---|---|---|
| Report ofthe Trustees | 1to 10 | |
| Report ofthe Independent | Auditors | 11to 13 |
| Statement of Financial Activities | 14to 15 | |
| Balance Sheet | 16to 17 | |
| Cash Flow statement | 18to 19 | |
| Notes to the Financial Statements | 20to 34 |
| 31.3.21 | 31.3.20 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Tota I | ||||
| funds | funds | funds | Funds | ||||
| Notes | E | E | E | E | |||
| INCOME | |||||||
| Income from donations | |||||||
| Donations | 270p325 | 270,325 | 270,325 | ||||
| Income from charitable | activities | ||||||
| Operation ofsports facilities |
1,645,855 | 334,943 | 1,980,798 | 2,323,383 | |||
| Operation oftown hall and similar |
buildings | 126p082 | 1,324 | 127,406 | 348,798 | ||
| Income from other activities | |||||||
| Commercial operations |
340,971 | 340p971 | 8,999 | ||||
| Investments | 78 | 79 | 265 | ||||
| Total income | 2,383,311 | 336,268 | 2,719,579 | 2,951,770 | |||
| EXPENDITURE | |||||||
| Charitable activities |
|||||||
| Operation ofsports facilities |
1,775,315 | 319,755 | 2,095,070 | 2,379,439 | |||
| Operation oftown hall and similar |
buildings | 622,736 | 1,780 | 624,516 | 812,026 | ||
| Pension operating charge |
116p460 | 116,460 | 191,820 | ||||
| Net interest on pension scheme liability | 18 | 64,000 | 64p000 | 59,000 | |||
| Total expenditure | 2,578,511 | 321,535 | 2,900,046 | 3,442,285 | |||
| NET INCOME/(EXPENDITURE) | (195,200) | 14,733 | (180,467) | (490,515) | |||
| Transfers between funds |
26,211 | (26,211) | |||||
| (168,989) | (11,478) | (180,467) | (490,515) | ||||
| Other recognised gains and losses |
|||||||
| Pension scheme actuarial | gain/(loss) | 18 | (1,171,000) | (1,171,000) | (57,000) | ||
| NET MOVEMENT IN FUNDS |
(1,339,989) | (11,478) | (1,351,467) | (547,515) |
| 31.3.21 | 31.3.20 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||||
| funds | funds | funds | Funds | ||||
| Notes | E | E | E | E | |||
| NET MOVEMENT | IN | FUNDS | (1,339,989) | (11,478) | (1,351,467) | (547,515) | |
| RECONCILIATION | OF | FUNDS | |||||
| Total funds brought | forward | (3,773,234) | 121,297 | (3,651,937) | (3,104,422) | ||
| TOTAL FUNDS CARRIED FORWARD | (5,113,223) | 109,819 | (5,003,404) | (3,651,937) |
| 31.3.21 | 31.3.20 | |||
|---|---|---|---|---|
| Notes | E | E | ||
| FIXEDASSETS | ||||
| Tangible assets | 324,946 | 403,893 | ||
| CURRENT ASSETS | ||||
| Stock | 10 | 6,180 | 10,997 | |
| Debtors | 11 | 342,908 | 172,991 | |
| Cash at bank and in hand | 333,887 | 145,753 | ||
| 682,975 | 329,741 | |||
| CURRENT LIABILITIES | ||||
| Amounts falling due within |
one year | 12 | (470,363) | (1,232,612) |
| NET CURRENT LIABILITIES | 212,612 | (902,871) | ||
| TOTAL ASSETS LESSCURRENT LIABILITIES | 537,558 | (498,978) | ||
| LONG TERM LIABILITIES | ||||
| Amounts falling due after more than one year |
13 | (1,400,962) | (364,419) | |
| NET ASSETS EXCLUDING PENSION DEFICIT | (863p404) | (863,397) | ||
| PENSION SCHEME DEFICIT | 18 | (4,140,000) | (2,788,540) | |
| NET LIABILITIES INCLUDING | PENSION DEFICIT | (5,003,404) | (3,651,937) | |
| FUNDS | ||||
| Unrestricted funds |
16 | (973,223) | (984,694) | |
| Restricted funds |
17 | 109,819 | 121,297 | |
| Pension scheme deficit | 18 | (4,140,000) | (2,788,540) | |
| TOTALFUNDS | (5,003,404) | (3,651,937) |
| 31.3.21 | 31.3.20 | ||||
|---|---|---|---|---|---|
| Notes | E | E | |||
| Cash flows from charitable | activities | ||||
| Cash generated from activities |
1 | (855,438) | (12,738) | ||
| Net cash from charitable activities |
(855,438) | (12,738) | |||
| Cash flows from investing | activities | ||||
| Interestincome | 79 | 265 | |||
| Interest paid |
(14,871) | (17,773) | |||
| Purchase oftangible fixed |
assets | (8,277) | (3,420) | ||
| Net cash from investing activities |
(23,069) | (20,928) | |||
| Cash flows from financing | activities | ||||
| New borrowings in the year |
1p123,008 | 86,708 | |||
| Capital repayments in the |
year | (56,367) | (31,477) | ||
| Net cash from financing activities |
1,066,641 | 55,231 | |||
| Increase/(decrease) in cash and cash equivalents |
188,134 | 21,565 | |||
| Cash and cash equivalents | at the beginning | ofthe year | 145,753 | 124,188 | |
| Cash and cash equivalents | at the end ofthe | year | 333,887 | 145,753 |
| 31.3.21 | 31.3.20 | |||
|---|---|---|---|---|
| E | E | |||
| Deficit for the year | (180p467) | (490,515) | ||
| Interest receivable | (79) | (265) | ||
| Interest payable | 14,871 | 17,773 | ||
| Depreciation charges |
8' 224 | 93,692 | ||
| (78,451) | (379,315) | |||
| Decrease/(increase) | in stocks | 4,817 | 2,036 | |
| Decrease/(increase) | in trade and | other debtors | (169,917) | (76,912) |
| (Decrease)/increase | in trade and | other creditors | (792,347) | 190,633 |
| Increase in pension scheme liability |
180,460 | 250,820 | ||
| Cash generated from charitable |
activities | (855,438) | (12,738) |
| Year | ended 31"March 2021 | ||
|---|---|---|---|
| 31.3.21 | 1.4.20 | ||
| E | E | ||
| Cash | and cash equivalents | 333p887 | 145,753 |
| Year | ended 31"March 2020 | ||
| 31.3.20 | 1.4.19 | ||
| E | f | ||
| Cash | and cash equivalents | 145,753 | 124,188 |
| 2. | DONATIONS | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 31.3.21 | 31.3.20 | |||||||||
| E | E | |||||||||
| Gifts in kind —use of buildings | 270p325 | 270,325 | ||||||||
| 270,325 | 270,325 | |||||||||
| In 2020, ofthe total donation | income, E270,325was unrestricted | funds. | ||||||||
| 3. | CHARITABLE ACTIVITIES | |||||||||
| 31.3.21 | 31.3.20 | |||||||||
| Unrestricted income: |
||||||||||
| Grants from Hyndburn Borough |
Council | 75,000 | 56,250 | |||||||
| Covid-19 grant from Hyndburn | Borough | Council | 705,320 | |||||||
| Local council Covid-19 business | grants | 203,080 | ||||||||
| Other income from Hyndburn | Borough | Council | 38,550 | 79,928 | ||||||
| Notional income from Hyndburn |
Borough Council | 16,335 | 16,335 | |||||||
| Iob retention scheme grants |
498,390 | |||||||||
| Income from the operation of | leisure and arts facilities | 235'262 | 2,175,589 | |||||||
| 1,771,937 | 2,328,062 | |||||||||
| Restricted income: | ||||||||||
| Bridging Communities —Community |
Leisure | 4,250 | ||||||||
| Cardiac Fund —Active Lancashire | 1,628 | |||||||||
| Consultancy —Lottery Fund |
4,540 | |||||||||
| Door Step Activity Fund —Street |
Games | Fund | 130 | 160 | ||||||
| Events at ATH | 29,930 | |||||||||
| Feasibility study | 10,000 | |||||||||
| Fixed assets | 8,935 | |||||||||
| Green Gym —Sport England | 15,613 | |||||||||
| Grow &Sow —Bank Mill Lancashire | Environmental | Fund | 16,420 | |||||||
| National Recovery Lottery Fund-Sport |
England | 51,296 | ||||||||
| Phase 4 ATH | 1,324 | 20,068 | ||||||||
| Room to Play —Garfield Grant | 10,000 | |||||||||
| Suicide Prevention Fund —NHS |
5,000 | |||||||||
| Talented Athletics Fund |
3 | |||||||||
| Together an Active Future —Sport | England | 154,787 | 88,105 | |||||||
| Up and Active —Lancashire County |
Council | 35,227 | 196,603 | |||||||
| Weight Management —Lancashire |
County Council | 26,367 | ||||||||
| 336,267 | 344,119 | |||||||||
| 2,108,204 | 2,672,181 |
| OTHER | ACTI | VITIES | —COMMERCIAL OPERATIO | NS | ||
|---|---|---|---|---|---|---|
| 31.3.21 | 31.3.20 | |||||
| E | ||||||
| Income | from | delivery | ofthe Covid Community | Hub | 340,971 | |
| Income | from | letting | ofproperty | 8,999 | ||
| 340,971 | 8,999 |
| Sports facilities | Town hall & | Total 2021 | ||
|---|---|---|---|---|
| buildings | ||||
| E | E | |||
| Unrestricted expenses: |
||||
| Costs directly allocated to activities: | ||||
| Salaries, Nl and pensions |
891,011 | 127,790 | 1,018,801 | |
| Other staff costs | 4,078 | 310 | 4,388 | |
| Premises costs | 345,159 | 66,372 | 411,531 | |
| Promotions and marketing |
10,466 | 2,090 | 12,556 | |
| Depreciation | 79,644 | 895 | 80,539 | |
| Notional cost ofgym eguipment | 16,335 | 16,335 | ||
| Gifts in kind —use of buildings | 270,325 | 270,325 | ||
| Other costs | 32,657 | 14,403 | 47,060 | |
| 1,379,350 | 482,185 | 1,861,535 | ||
| Support and governance | costs allocated: | |||
| Support costs (note 6) | 374,141 | 132p894 | 507,035 | |
| Governance costs (note 6) |
21,824 | 7,657 | 29,481 | |
| 395,965 | 140,551 | 536,516 | ||
| 1,775,315 | 622,736 | 2,398,051 | ||
| Restricted expenses: | ||||
| Salaries, Nl and pensions |
219,732 | 219,732 | ||
| Other staff costs | 225 | 225 | ||
| Premises costs | 12,772 | 12,772 | ||
| Promotions and marketing |
6,492 | 6,492 | ||
| Depreciation | 6,440 | 6,440 | ||
| Other costs | 74,094 | 1,780 | 75,874 | |
| 319,755 | 1,780 | 321,535 | ||
| 2,095,070 | 624,516 | 2,719,586 |
| Sports | Town hall & | Total | ||
|---|---|---|---|---|
| facilities | buildings | 2020 | ||
| E | E | E | ||
| Unrestricted expenses: |
||||
| Costs directly allocated to activities: | ||||
| Salaries, Nl and pensions |
1,163,674 | 186,183 | 1,349,857 | |
| Other staff costs | 17,702 | 5,490 | 23,192 | |
| Premises costs | 383,247 | 47,715 | 430,962 | |
| Promotions and marketing |
49,565 | 14,660 | 64,225 | |
| Depreciation | 85,014 | 343 | 85,357 | |
| Notional cost ofgym equipment | 16,335 | 16,335 | ||
| Gifts in kind —use of buildings | 270,325 | 270,325 | ||
| Other costs | 111,504 | 110,740 | 222,244 | |
| 1,827,041 | 635,456 | 2,462,497 | ||
| Support and governance | costs allocated: | |||
| Support costs (note 6) | 318,071 | 115,281 | 433,352 | |
| Governance costs (note 6) |
49,517 | 13,875 | 63,392 | |
| 367,588 | 129,156 | 496,744 | ||
| 2,194,629 | 764,612 | 2,959,241 | ||
| Restricted expenses: | ||||
| Salaries, Nl and pensions |
164,683 | 164,683 | ||
| Other staff costs | 5,830 | 5,830 | ||
| Promotions and marketing |
614 | 614 | ||
| Depreciation | 5,702 | 1311 | 7,013 | |
| Other costs | 7,981 | 46,103 | 54,084 | |
| 184,810 | 47,414 | 232,224 | ||
| 2,379,439 | 812,026 | 3,191,465 |
| Net resources are stated after | Net resources are stated after | charging: | charging: | |||
|---|---|---|---|---|---|---|
| 31.3.21 | 31.3.20 | |||||
| E | E | |||||
| Auditors remuneration |
8,200 | 14,000 | ||||
| Operating lease rentals —other |
2,629 | 2,629 | ||||
| Operating lease rentals —property |
270,325 | 270,325 | ||||
| Indemnity insurance |
for trustees | and senior | staff | 1,297 | 714 | |
| Depreciation | 8' 224 | 93,692 | ||||
| STAFF COSTS | ||||||
| 31.3.21 | 31.3.20 | |||||
| E | E | |||||
| Wages and salaries | 1,252,143 | 1,494,565 | ||||
| Social security costs | 65,093 | 83,617 | ||||
| Other pension costs | 182,067 | 188,015 | ||||
| 1,499,303 | 1,766,197 | |||||
| The average monthly | number | ofemployees | during the year was as follows: | |||
| 31.3.21 | 31.3.20 | |||||
| Employees | 133 | 172 |
| 9. | TANGIBLE FIXEDASSETS | TANGIBLE FIXEDASSETS | TANGIBLE FIXEDASSETS | |||||
|---|---|---|---|---|---|---|---|---|
| Improvements | Facilities | Fixtures & | Plant & | |||||
| to property | Equipment | Machinery | TotaIs | |||||
| E | E | E | ||||||
| COST | ||||||||
| At 1"April 2020 | 435,602 | 371,163 | 1,232,846 | 46,931 | 2,086,542 | |||
| Additions | 8,277 | 8,277 | ||||||
| At 31"March | 2021 | 435,602 | 371,163 | 1,241,123 | 46,931 | 2,094,819 | ||
| DEPRECIATION | ||||||||
| At 1"April 2020 | 305,946 | 371,163 | 960,465 | 45,075 | 1,682,649 | |||
| Charge for year | 18,331 | 67,721 | 1,172 | 87,224 | ||||
| At 31"March | 2021 | 324,277 | 371,163 | 1,028,186 | 46,247 | 1,769,873 | ||
| NET BOOK VALUE | ||||||||
| At 31"March | 2021 | 111,325 | 212,937 | 684 | 324,946 | |||
| At 31"March | 2020 | 129,656 | 272,381 | 1,856 | 403,893 | |||
| 10. | STOCK | |||||||
| 31.3.21 | 31.3.20 | |||||||
| E | E | |||||||
| Bar stocks | 2,439 | 4,920 | ||||||
| Pool chemicals | 2p325 | 3,754 | ||||||
| Vending and | food | 1,416 | 2,323 | |||||
| 6,180 | 10,997 | |||||||
| 11. | DEBTORS:AMOUNTS | FALLING DUE WITHIN ONE | YEAR | |||||
| 31.3.21 | 31.3.20 | |||||||
| E | E | |||||||
| Trade debtors | 12,909 | 50,805 | ||||||
| Prepayments | and accrued | income | 329,699 | 121,886 | ||||
| Other debtors | 300 | 300 | ||||||
| 342,908 | 172,991 |
| 31.3.21 | 31.3.20 | |||||||
|---|---|---|---|---|---|---|---|---|
| f | E | |||||||
| Trade creditors | 1,200 | 55,319 | ||||||
| Taxation | and social security | 39,522 | 29,369 | |||||
| Amounts | owed | to Hyndburn | Borough | Council | 64,552 | 836,034 | ||
| Hire purchase | contracts | 39,092 | 36,815 | |||||
| Accruals | and deferred | income | 325,997 | 275,075 | ||||
| 470,363 | 1,232,612 | |||||||
| CREDITORS: AMOUNTS | FALLING DUE | AFTER MORE THAN ONE YEAR | ||||||
| 31.3.21 | 31.3.20 | |||||||
| f | E | |||||||
| Amounts | owed | to Hyndburn | Borough | Council | 1,355,187 | 289,041 | ||
| Hire purchase contracts |
45,775 | 75,378 | ||||||
| 1,400'962 | 364,419 |
| 31.3.21 | 31.3.20 | |
|---|---|---|
| E | E | |
| Expiry date: | ||
| Within 1year | 2,629 | 15,729 |
| Between one and five years | 438 | 3,068 |
| 3,067 | 18,797 |
| 31.3.21 | 31.3.20 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| funds | funds | funds | Funds | ||
| E | f | E | |||
| Fixed assets | 302,044 | 22,902 | 324,946 | 403,893 | |
| Current | assets | 596,058 | 86,917 | 682,975 | 329,741 |
| Current | liabilities | (470,363) | (470,363) | (1,232,612) | |
| Long term liabilities | (1,400,962) | (1,400,962) | (364,419) | ||
| Pension | scheme deficit | (4p140p000) | (4,140,000) | (2,788,540) | |
| (5,113,223) | 109,819 | (5,003,404) | (3,651,937) |
| UNRESTRICTED FUNDS | UNRESTRICTED FUNDS | UNRESTRICTED FUNDS | ||||
|---|---|---|---|---|---|---|
| Pension | General | Designated | Total | |||
| deficit | funds | funds | funds | |||
| E | f | E | E | |||
| Balance | at 1"April | 2020 | (2,788,540) | (991,622) | 6p928 | (3,773,234) |
| Net income / (expenditure) | (1,351,460) | (14,740) | (1,366,200) | |||
| Transfers | between | funds | 31,058 | (4p847) | 26,211 | |
| (4,140,000) | (975,304) | 2,081 | (5,113,223) |
| RESTRICTED FUN | DS | ||||||
|---|---|---|---|---|---|---|---|
| At 1"April | Incoming | Outgoing | Fund | At 31"March | |||
| 2020 | resources | resources | transfers | 2021 | |||
| E | f | E | E | E | |||
| Project fund | |||||||
| Active Community | 2,477 | (2,477) | |||||
| Active Hyndburn | Extension | 1,389 | (1,389) | ||||
| Cardiac Grant | 1,628 | 1,628 | |||||
| Events at ATH | 3,204 | 500 | 3,704 | ||||
| Feasibility study | 10p000 | (10,000) | |||||
| Fixed assets | 20,407 | 8,935 | (6,440) | 22,902 | |||
| Garfield Grant —Room to play | 10,000 | (10,000) | |||||
| Green Gym | 15,613 | (10,200) | (5,413) | ||||
| Inclusion Half Term Week |
272 | (272) | |||||
| LEF —Bank Mill | 16,420 | (16,420) | |||||
| Lottery Fund —Consultancy |
4,540 | 4p540 | |||||
| National Recovery |
Lottery Fund | 51,296 | (51,296) | ||||
| Ossy Joggers | 37 | (37) | |||||
| PCCScheme | 2,000 | (2,000) | |||||
| Phase 4 ATH | 1,475 | 1,324 | (2,280) | 519 | |||
| Star Track | 437 | (437) | |||||
| Street Games —Door Step Activity | 160 | 130 | (130) | (160) | |||
| Talented Athletics | Fund | 1p465 | 1 | (1,466) | |||
| Together an Active Fund | 87,974 | 154,787 | (186,740) | (41,874) | 14,147 | ||
| Up and Active | 35,227 | (2,162) | 29,314 | 62,379 | |||
| Weight Management | 26p367 | (26,367) | |||||
| 121,297 | 336,268 | (321,535) | (26,211) | 109,819 |
| Net Pension Deficits: | Net Pension Deficits: | ||
|---|---|---|---|
| 31.3.21 | 31.3.20 | ||
| E | 6 | ||
| NHS Pension Scheme | 7,540 | ||
| Lancashire | County Pension Scheme | 4,140,000 | 2,781,000 |
| 4,140,000 | 2,78&,540 |
| 31.3.21 | 31.3.20 | |||||
|---|---|---|---|---|---|---|
| Rate of CPI inflation | 2.70 | 2.10 | ||||
| Rate ofincrease | in salaries | 4.20 | 3.60 | |||
| Rate of increase | in pensions | 2.80 | 2.20 | |||
| Discount rate | 2.10 | 2.40 | ||||
| Life expectancy | ofa male future pensioner | aged 65 in 20years' | 23.90 | 23.80 | ||
| time | ||||||
| Life expectancy | ofa female future | pensioner | aged 65 in 20 years' | 26.90 | 26.80 | |
| time | ||||||
| Life expectancy | of a male current pensioner | aged 65 | 22.40 | 22.30 | ||
| Life expectancy | ofa female current | pensioner | aged 65 | 25.10 | 25.00 |
| The amounts recognised |
in the balance sheet are as follows: | in the balance sheet are as follows: | in the balance sheet are as follows: | in the balance sheet are as follows: | ||||
|---|---|---|---|---|---|---|---|---|
| 31.3.21 | 31.3.20 | |||||||
| E | E | |||||||
| Present value offunded | obligations | (11p475p000) | (9,298,000) | |||||
| Fair value of plan assets | 7,335p000 | 6,517,000 | ||||||
| Net pension deficit |
(4,140,000) | (2,781,000) | ||||||
| Analysis ofamounts charged to the Statement |
of Financial Activities; | |||||||
| 31.3.21 | 31.3.20 | |||||||
| E | E | |||||||
| Operating charge |
||||||||
| Current service cost | 298,000 | 424,000 | ||||||
| Administration expenses |
6,000 | 8,000 | ||||||
| Total operating charge |
304p000 | 432,000 | ||||||
| Other finance costs | ||||||||
| Expected return on pension scheme |
assets | (158,000) | (156,000) | |||||
| Interest on pension scheme liabilities | 222,000 | 215,000 | ||||||
| Net charge | 64,000 | 59,000 | ||||||
| Total charge to resources | expended | in Statement of Financial Activities | 368,000 | 491,000 | ||||
| Analysis ofthe actuarial | gains and losses shown | in the Statement | of Financial | Activities: | ||||
| 31.3.21 | 31.3.20 | |||||||
| E | E | |||||||
| Actuarial gains on assets |
559,000 | 40,000 | ||||||
| Actuarial losses on liabilities |
(1,730,000) | (97,000) | ||||||
| Actuarial gain / (loss) recognised |
(1p171,000) | (57,000) | ||||||
| Changes in the fair value |
ofthe defined benefit | obligation | are as | follows: | ||||
| 31.3.21 | 31.3.20 | |||||||
| E | E | |||||||
| Opening defined benefit |
obligation | 9p298p000 | 8,638,000 | |||||
| Current service cost | 298,000 | 424,000 | ||||||
| Interest on pension scheme liabilities | 222,000 | 215,000 | ||||||
| Employee contributions |
Sgp000 | 75,000 | ||||||
| Actuarial losses |
1,730,000 | 97,000 | ||||||
| Benefits paid / transfers | (131,000) | (151,000) | ||||||
| Closing defined benefit obligations |
11,475,000 | 9,298,000 |
| 18. | PENSION ARRANGEMENTS | (CONTINUED) | ||
|---|---|---|---|---|
| Changes in the fair value of |
plan assets are as follows; | |||
| 31.3.21 | 31.3.20 | |||
| f | ||||
| Opening fair value of plan |
assets | 6,517,000 | 6,173,000 | |
| Expected return on plan assets |
158,000 | 156,000 | ||
| Actuarial gains |
559,000 | 40,000 | ||
| Employer contributions |
180,000 | 232,000 | ||
| Employee contributions | 58,000 | 75,000 | ||
| Administration expenses |
(6,000) | (8,000) | ||
| Benefits paid / transfers | (131,000) | (151,000) | ||
| Closing fair value of plan assets | 7,335,000 | 6,517,000 |
| The split | ofassets between | ofassets between | ofassets between | investment | categories | is as follows: | |||
|---|---|---|---|---|---|---|---|---|---|
| 2021 | 2021 | 2020 | 2020 | ||||||
| f | No | f | No | ||||||
| Equities | 3,440,000 | 46.90 | 3,454,000 | 53.00 | |||||
| Government | bonds | ||||||||
| Other bonds | 163,000 | 2.50 | |||||||
| Property | 1,042,000 | 14.20 | 554,000 | 8.50 | |||||
| Cash/liquidity | 161,000 | 2.20 | 182,000 | 2.80 | |||||
| Other | 2,692,000 | 36.70 | 2,164,000 | 33.20 | |||||
| 7,335,000 | 100.00 | 6,517,000 | 100.00 | ||||||
| Amounts | for | the current | and previous | periods are as follows: | |||||
| 2021 | 2020 | 2019 | 2018 | ||||||
| f | f | f | f | ||||||
| Defined | benefit obligation | (11,475,000) | (9,298,000) | (8,638,000) | (7,670,000) | ||||
| Plan assets | 7,335o000 | 6,517,000 | 6,173,000 | 5,460,000 | |||||
| (4,140,000) | (2,781,000) | (2,465,000) | (2,210,000) |
| 31.3.21 | 31.3.20 | |||
|---|---|---|---|---|
| E | E | |||
| Grant funding | receivable | —unrestricted | 75,000 | 75,000 |
| COVID-19 Grant funding | receivable —unrestricted | 705,320 | ||
| Other income | receivable | —unrestricted | 38,550 | 79,928 |
| Other income | receivable | —restricted | ||
| Net amounts | owed to Hyndburn Borough Council |
1,419,739 | 1,125,075 |