| Page | |||
|---|---|---|---|
| Report ofthe Trustees | 1 | to | 7 |
| Report ofthe Independent Auditors |
8 | lo | 10 |
| Statement of Financial Activities | |||
| Balance Sheet | 12 | ||
| Cash Flow Statement | 13 | ||
| Notes tothe Cash Flow Statement | |||
| Notes tothe Financial Statements | 15 | to | 26 |
| Detailed Statement ofFinancial Activities | 27 | lo | 28 |
| Period | |||||||
|---|---|---|---|---|---|---|---|
| 1.4.19 | |||||||
| to | Year Ended | ||||||
| 30.9.20 | 31.3.19 | ||||||
| Unrestricted | Restricted | Total | Total | ||||
| fund | funds | funds | funds | ||||
| Notes | 6 | 6 | 9 | ||||
| INCOME AND ENDOWMENTS FROII | |||||||
| Donations and legacies |
2 | 160,479 | 980 | 161,459 | 7,400 | ||
| Other trading activities |
3 | 732,447 | 732,447 | 630,115 | |||
| Investment income |
4 | 54 | 54 | 25 | |||
| Totai | 892,980 | 980 | 893,960 | 637,540 | |||
| EXPENDITURE ON | |||||||
| Raising funds | 5 | 317,781 | 980 | 318,761 | 238,773 | ||
| Charitable activities |
|||||||
| Costs of running the |
centre | 604,622 | 7,721 | 612,343 | 399,766 | ||
| Total | 922,403 | 8,701 | 931,104 | 638,539 | |||
| NET INCOME/(EXPENDITURE) | (29,423) | (7,721) | (37,144) | (ggg) | |||
| RECONCILIATION | OF FUNDS | ||||||
| Total funds brought | forward | 131,872 | 305,847 | 437,719 | 438,718 | ||
| TOTAL FUNDS CARRIED FORWARD | 102,449 | 298 126 | 400,575 | 437,719 |
| 30.9.20 | 31.3.19 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| Notes | fund | funds 6 |
funds f |
funds 6 |
|
| FIXEDASSETS | |||||
| Tangible assets | 14 | 421,028 | 298,126 | 719,154 | 743,930 |
| CURRENT ASSETS | |||||
| Stocks | 15 | 235 | 235 | 1,187 | |
| Debtors | 16 | 9,244 | 9,244 | 17,673 | |
| Cash at bank and in hand | 131,168 | 131,168 | 116,009 | ||
| 140,647 | 140,647 | 134,869 | |||
| CREDITORS | |||||
| Amounts falling due within one year |
17 | (124,791) | (124,791) | (145,890) | |
| NET CURRENT ASSETS | 15856 | 15,550 | ~77,0277 | ||
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | 436,884 | 298,126 | 735,010 | 732,909 | |
| CREDITORS | |||||
| Amounts falling due after more than one |
year 18 | (334,435) | (334,435) | (295,190) | |
| NET ASSETS | 102,449 | 298,126 | 400,575 | 437,719 | |
| FUNDS | 22 | ||||
| Unrestricted funds |
102,449 | 131,872 | |||
| Restricted funds | 298,126 | 305,847 | |||
| TOTAL FUNDS | 400.575 | 437,719 |
| Period | |||||
|---|---|---|---|---|---|
| 1.4.19 | |||||
| to | Year Ended | ||||
| Notes | 30.9.20 f |
31.3.19 E |
|||
| Cash flows from | operating | activities | |||
| Cash generated from operations |
1 | ~11,931) | 58,534 | ||
| Net cash (used in)/provided | by operating | activities | ~11,931) | 58,534 | |
| Cash flows from | investing | activities | |||
| Purchase oftangible fixed assets |
(8,960) | 346 | |||
| Interest received | 25 | ||||
| Net cash (used in)/provided | by investing | activities | ~8,906) | 371 | |
| Cash flows from | financing | activities | |||
| New loans in year |
50,000 | ||||
| Loan repayments | in year | ~14,004) | ~20,564) | ||
| Net cash provided | by/(used | in) financing | activities | 35,996 | ~20,564) |
| Change in cash |
and cash | equivalents | |||
| in the reporting | period | 15,159 | 38,341 | ||
| Cash and cash equivalents | at the | ||||
| beginning ofthe |
reporting | period | 116,009 | 77,668 | |
| Cash and cash equivalents | at the end | ||||
| ofthe reporting | period | 131,168 | 116,009 |
| Period | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| 1.4.19 | |||||||||
| tc | Year Ended | ||||||||
| 30.9.20 | 31.3.19 | ||||||||
| F | |||||||||
| Net expenditure for |
the reporting | period (as per | the Statement | ||||||
| of Financial Adjustments |
Activities) for: |
(37,144) | (999) | ||||||
| Depreciation | charges | 33,736 | 31,408 | ||||||
| Loss on disposal offixed assets | 11 | ||||||||
| Interest received | (54) | (25) | |||||||
| Decrease/(increase) | in stocks | 952 | (28) | ||||||
| Decrease in |
debtors | 8,429 | 27,892 | ||||||
| (Decrease)/increase | in creditors | $17,850) | 275 | ||||||
| Net cash (used in)/provided | by operations | ~11,931) | 58,534 | ||||||
| 2. | ANALYSIS OF CHANGES | IN | NET | FUNDS | |||||
| At 1.4.19 6 |
Cash flow f |
At 30.9.20 | |||||||
| Net cash | |||||||||
| Cash at bank and in | hand | 116,009 | 15,159 | 131,168 | |||||
| 116,009 | 15,159 | 131,168 | |||||||
| Debt | |||||||||
| Debts falling | due within 1 year |
(9,000) | (1,568) | (10,568) | |||||
| Debts falling | due after 1 year | ~22,500) | ~45,432) | ~67,932) | |||||
| ~31,500) | ~47,000) | ~78,500) | |||||||
| Total |
| Period | ||||
|---|---|---|---|---|
| 1.4.19 | ||||
| to | Year Ended | |||
| 30.9.20 | 31.3.19 | |||
| 5 | ||||
| Clitheroe | Town Council | 12,890 | 7,400 | |
| Other grants | 148,569 | |||
| 161,459 | 7,400 | |||
| OTHER | TRADING | ACTIVITIES | ||
| Period | ||||
| 1.4.19 | ||||
| to | Year Ended | |||
| 30.9.20 | 31.3.19 | |||
| 5 | ||||
| Aerobics | 42,906 | 46,426 | ||
| Vending | machines | and cafe income | 21,875 | 17,273 |
| Court hire | 118,019 | 104,705 | ||
| Climbing | wall | 8,335 | 6,839 | |
| Gym | 531,430 | 441,960 | ||
| Sauna | 612 | 385 | ||
| Other (Car park) | (13,686) | (12,790) | ||
| Other income | 100 | 38 | ||
| School | 22,856 | 25,279 | ||
| 732,447 | 630,115 |
| 5. | RAISING FUNDS | RAISING FUNDS | RAISING FUNDS | |||||
|---|---|---|---|---|---|---|---|---|
| Other trading activities | ||||||||
| Period | ||||||||
| 1.4.19 | ||||||||
| to | Year Ended | |||||||
| 30.9.20 | 31.3.19 | |||||||
| 6 | 6 | |||||||
| Staffcosts | 188,485 | 124,988 | ||||||
| Sub-contractors | 30,538 | 27,205 | ||||||
| Vending machine |
and cafe purchases | 15,875 | 11,687 | |||||
| Equipment and |
associated | repairs | 17,991 | 20,470 | ||||
| Other fundraising | trading costs | 23,552 | 20,656 | |||||
| Unrecoverable | VAT | 18,582 | 13,721 | |||||
| Alliance Leisure | share | 23,738 | 20,046 | |||||
| 318,761 | 238,773 | |||||||
| 6. | CHARITABLE | ACTIVITIES COSTS | ||||||
| Support | ||||||||
| costs (see | ||||||||
| note 7) | ||||||||
| 6 | ||||||||
| Costs of running | the centre | 612,343 | ||||||
| 7. | SUPPORT COSTS | |||||||
| Governance | ||||||||
| Management | costs | Totals | ||||||
| 6 | 8 | K | ||||||
| Costs of running | the centre | 603,435 | 8,908 | 612,343 | ||||
| 8. | NET INCOME/(EXPENDITURE) | |||||||
| Net income/(expenditure) | is stated after charging/(crediting): | |||||||
| Period | ||||||||
| 1.4.19 | ||||||||
| to | Year Ended | |||||||
| 30.9.20 | 31.3.19 | |||||||
| E | ||||||||
| Depreciation -owned assets Hire ofplant and machinery |
33,736 2,351 |
31,409 2,429 |
||||||
| Deficit on disposal | offixed | assets | 11 |
| Period | |||||
|---|---|---|---|---|---|
| 1.4.19 | |||||
| to | Year Ended | ||||
| 30.9.20 | 31.3.19 | ||||
| Fees payable to the charity's | auditors for the audit ofthe charity's | ||||
| financial | statements | 2,625 | 1,750 | ||
| Auditors' | remuneration | for non audit work | 6,283 | 5,407 |
| STAFF COSTS | ||
|---|---|---|
| Period | ||
| 1.4.19 | ||
| to | Year Ended | |
| 30.9.20 | 31.3.19 | |
| F | F | |
| Wages and saladies | 540,377 | 337,567 |
| Social security costs | 29,130 | 17,921 |
| Other pension costs | 7,149 | 2,837 |
| 576,656 | 358,325 |
| 12. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | ||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | |||
| fund | funds | funds | |||
| 6 | 6 | ||||
| INCOIIIIE AND ENDOWMENTS | FROM | ||||
| Donations and legacies |
7,400 | 7,400 | |||
| Other trading activities |
630,115 | 630,115 | |||
| Investment income |
25 | 25 | |||
| Total | 637,540 | 637,540 | |||
| EXPENDITURE ON | |||||
| Raising funds | 238,773 | 238,773 | |||
| Charitable activities |
|||||
| Costs of running the centre |
394,630 | 5,136 | 399,766 | ||
| Total | 633,403 | 5,136 | 638,539 | ||
| NET INCOME/(EXPENDITURE) | 4,137 | (5,136) | (999) | ||
| RECONCILIATION OF FUNDS |
|||||
| Total funds brought forward | 127,736 | 310,982 | 438,718 | ||
| TOTAL FUNDS CARRIED FORWARD | 131,873 | 305,846 | 437,719 |
| TANGIBLE FIXEDASSE | TS | ||||
|---|---|---|---|---|---|
| Improvements | |||||
| to | Fixtures | ||||
| leasehold | Plant and | and | Gym | ||
| property | machinery | fittings | equipment | Totals | |
| 6 | 6 | 6 | |||
| COST | |||||
| At 1 April 2019 | 733,295 | 161,744 | 4,144 | 194,840 | 1,094,023 |
| Additions | 8,130 | 230 | 600 | 8,960 | |
| At 30September 2020 | 741,425 | 161,974 | 4,144 | 195,440 | 1,102,983 |
| DEPRECIATION | |||||
| At 1 April 2019 | 44,029 | 138,107 | 3,976 | 163,981 | 350,093 |
| Charge for year | 15,380 | 8,951 | 84 | 9,321 | 33,736 |
| At 30September 2020 | 59,409 | 147,058 | 4060 | 173,302 | 383,829 |
| NET BOOK VALUE | |||||
| At 30September 2020 | 682,016 | 14,916 | 84 | 22,138 | 719,154 |
| At 31 March 2019 | 689,266 | 23,637 | 168 | 30,859 | 743,930 |
| 15. | Fixed assets are include STOCKS |
d at cost.There are no un-capitalised fixed a |
ssets. | |
|---|---|---|---|---|
| 30.9.20 | 31.3.19 | |||
| 6 | 8 | |||
| Stock | 235 | 1,187 | ||
| 16. | DEBTORS:AMOUNTS | FALLING DUE WITHIN ONE VEAR | ||
| 30.9.20 | 31.3.19 | |||
| 6 | ||||
| Trade debtors | 1,582 | 9,084 | ||
| VAT | 274 | |||
| Accrued income | 2,766 | 3,391 | ||
| Prepayments | 4,622 | 5,198 | ||
| 17,673 |
| 30.9.20 f |
31.3.19 | |||
|---|---|---|---|---|
| Amounts | falling due within | one year on demand: | ||
| NatWest | Bounce Back Loan | 1,568 | ||
| Bowland | Trust loan | 9,000 | 9,000 | |
| 10,568 | 9,000 | |||
| Amounts | falling between | one and two years: | ||
| NatWest | Bounce Back Loan | 48,432 | ||
| Bowland | Trust loan - 1-5 | years | 19,500 | 22,500 |
| 67,932 | 22,500 |
| Minimum lea |
se payments under non-cancella |
ble operating leases fall due |
as follows: | ||
|---|---|---|---|---|---|
| 30.9.20 | 31.3.19 | ||||
| 2 | |||||
| Within one year | 634 | 6,043 | |||
| Between one | and five years | 650 | 2,690 | ||
| 1,284 | 8,733 | ||||
| 21. | SECURED DEBTS | ||||
| 22. | MOVEMENT | IN FUNDS | |||
| Net | |||||
| movement | At | ||||
| At L4.19 | in funds | 30.9.20 | |||
| F | |||||
| Unrestricted | funds | ||||
| General fund |
131,872 | (29,423) | 102,449 | ||
| Restricted funds | |||||
| 2015Refurbishment | |||||
| 2018 Facility | improvements | 233,329 72,518 |
(5,000) ~2,721) |
228,329 69,797 |
|
| 305,847 | ~7,721 | 298,126 | |||
| TOTAL FUNDS | 437,719 | ~37,144) | ~400 575 |
| Nel movemen | t in funds, includ |
ed in the above are |
as follows: | ||
|---|---|---|---|---|---|
| Incoming | Resources | Movement | |||
| resources | expended | in funds | |||
| 6 | 6 | ||||
| Unrestricted | funds | ||||
| General fund |
892,980 | (922,403) | (29,423) | ||
| Restricted funds | |||||
| 2015Refurbishment | |||||
| (5,000) | (5,000) | ||||
| Transport costs 2018 Facility improvements |
980 | (980) ~2,721) |
(2,721) | ||
| 980 | ~8,701) | 7,721 | |||
| TOTAL FUNDS | 893,960 | f931,104) | 37,144 | ||
| Comparatives | for movement | in funds | |||
| Net | |||||
| movement | At | ||||
| At 1.4.18 f |
in funds | 31.3.19 6 |
|||
| Unrestricted | funds | ||||
| General fund | 127,736 | 4,136 | 131,872 | ||
| Restricted funds | |||||
| 2015 Refurbishment | |||||
| 2018 Facility | improvements | 236,663 74,319 |
(3,334) ~1,801) |
233,329 72,518 |
|
| TOTAL FUNDS | 438,718 | ~999) | 437,719 |
| Comparative | net movement in funds, includ |
ed in the above are as follows |
: | |
|---|---|---|---|---|
| Incoming | Resources | Movement | ||
| resources | expended | in funds | ||
| 5 | ||||
| Unrestricted | funds | |||
| General fund | 637,540 | (633,404) | 4,136 | |
| Restricted funds | ||||
| 2015Refurbishment | ||||
| 2018 Facility | improvements | (3,334) ~1,801) |
(3,334) ~1,801) |
|
| ~5,135 | ~5,135 | |||
| TOTAL FUNDS | 637,540 | ~638,539) | ~999) |
| 2020 | 2019 | ||
|---|---|---|---|
| A | G Gomall | 6364 | 5312 |
| T | Marklew | 5112 | 5200 |
| R | Hargreaves | 6300 | 5300 |
| M | Robinson | 5175 | 5300 |
| Period | |||||
|---|---|---|---|---|---|
| 1.4.19 | |||||
| to | Year Ended | ||||
| 30.9.20 | 31.3.19 | ||||
| E | 5 | ||||
| INCOME AND | ENDOWMENTS | ||||
| Donations and | legacies | ||||
| Clitheroe Town | Council | 12,890 | 7,400 | ||
| Other grants | 148,569 | ||||
| 161,459 | 7,400 | ||||
| Other trading | activities | ||||
| Aerobics | 42,906 | 46,426 | |||
| Vending machines |
and cafe income | 21,875 | 17,273 | ||
| Court hire | 118,019 | 104,705 | |||
| Climbing wall |
8,335 | 6,839 | |||
| Gym | 531,430 | 441,960 | |||
| Sauna | 612 | 385 | |||
| Other (Car park) Other income |
(13,686) 100 |
(12,790) 38 |
|||
| School | 22,856 | 25,279 | |||
| 732,447 | 630,115 | ||||
| Investment income |
|||||
| Deposit account | interest | 25 | |||
| Total incoming | resources | 893,960 | 637,540 | ||
| EXPENDITURE | |||||
| Other trading activities | |||||
| Wages | 181,845 | 120,626 | |||
| Social security Sub-contractors |
6,640 30,538 |
4,362 27,205 |
|||
| Vending machine |
and cafe purchases | 15,875 | 11,687 | ||
| Equipment and |
associated repairs | 17,991 | 20,470 | ||
| Other fundraising | trading costs | 23,552 | 20,656 | ||
| Unrecoverable | VAT | 18,582 | 13,721 | ||
| Alliance Leisure | share | 23,738 | 20,046 | ||
| 318,761 | 238,773 | ||||
| Support costs | |||||
| Management | |||||
| Wages | 358,532 | 216,941 | |||
| Social security | 22,490 | 13,559 | |||
| Carried forward | 381,022 | 230,500 |
| Period | ||||
|---|---|---|---|---|
| 1.4.19 | ||||
| to | Year Ended | |||
| 30.9.20 | 31.3.19 f |
|||
| Management | ||||
| Brought forward Pensions Hire of plant and machinery Premises costs |
381,022 7,149 2,351 65,827 |
230,500 2,837 2,429 48,137 |
||
| Telephone Postage and stationery |
2,584 6,410 |
1,546 3,541 |
||
| Advertising Sundries General maintenance |
13,119 13,969 27,426 |
11,791 11,217 13,143 |
||
| Training Legal and professional Bank charges |
fees | 9,824 16,707 3,914 |
5,600 10,565 2,854 |
|
| Loan interest Computer costs |
10,079 9,318 |
11,436 5,594 |
||
| Improvements to leasehold |
property | |||
| depreciation | 15,379 | 10,593 | ||
| Plant and machinery depreciation Fixtures and fittings depreciation |
8,951 85 |
8,004 114 |
||
| Gym equipment depreciation Loss on sale oftangible fixed assets |
9,321 | 12,697 11 |
||
| 603,435 | 392,609 | |||
| Governance costs | ||||
| Auditors' remuneration Auditors' remuneration |
for non audit work | 2,625 6,283 |
1,750 5,407 |
|
| 8,908 | 7,157 | |||
| Total resources expended | 931,104 | 638,539 | ||
| Net expenditure | ~37 144) | ~999) |