2021-09-30-accounts - Ribble Valley Sports And Recreation

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Report ofthe Trustees	1	Io	6
Report ofthe Independent Auditors	7	to	10
Statement ofFinancial Activities
Balance Sheet		12
Cash Flow Statement		13
Notes to the Cash Flow Statement		14
Notes to the Financial Statements	15	Io	26
Detailed Statement ofFinancial Activities	27	Io	28

							Period
							1.4.19
						Year Ended	to
						30.9.21	30.9.20
				Unrestricted	Restricted	Total	Total
				fund	funds	funds	funds
			Notes	6	8	8	E
INCOME AND ENDOWMENTS		FROM
Donations and legacies			3	322,904	74,133	397,037	161,459
Other trading activities			4	356.303		356,303	732,447
Investment income			5	93		93	54
Total				679,300	74,133	753,433	893,960
EXPENDITURE ON
Raising funds			6	188,477	38,237	226,714	318,761
Charitable activities
Costs ofrunning the	centre			380,139	10,756	390,895	612,343
Total				568,616	48,993	617,609	931,104
NET INCOME/(EXPENDITURE)				110,684	25,140	135,824	(37,144)
RECONCILIATION	OF FUNDS
Total funds brought forward				102,449	298,126	400,575	437,719
TOTAL FUNDS CARRIED FORWARD				213,133	323,266	536,399	400,575

					30.9.21	30.9.20
			Unrestricted	Restricted	Total	Total
			fund	funds	funds	funds
		Notes		6	6	6
FIXEDASSETS
Tangible assets		15	426,013	292,964	718,977	719,154
CURRENT ASSETS
Stocks		16	228		228	235
Debtors		17	21,279		21,279	9,244
Cash at bank and	in hand		223,763	30,302	254,065	131,168
			245,270	30,302	275,572	140,647
CREDITORS
Amounts falling due within one year		18	(137,764)		(137,764)	(124,791)
NET CURRENT ASSETS			107,506	30,302	137,808	15,856
TOTAL ASSETS	LESSCURRENT
LIABILITIES			533,519	323,266	856,785	735,010
CREDITORS
Amounts falling due after more than one year 19			(320,386)		(320,386)	(334,435)
NET ASSETS			213,133	323,266	536,399	400,575
FUNDS		22
Unrestricted funds					213,133	102,449
Restricted funds					323,266	298,126
TOTALFUNDS					536,399	400,575

						Period
						1.4.19
					Year Ended	to
					30.9.21	30.9.20
				Notes		8
Cash flows from	operating		activities
Cash generated from operations				1	142,536	(11,931)
Net cash provided	by/(used		in) operating	activities	142,536	(11,931)
Cash flows from	investing		activities
Purchase oftangible fixed assets Interest received					(18,949) 93	(8,960) 54
Net cash used in	investing	activities			(18,856)	(8,906)
Cash flows from	financing		activities
New loans in year						50,000
Loan repayments	in year				(783)	(14,004)
Net cash (used in)/provided			by financing	activities	(783)	35,996
Change in cash	and cash		equivalents
in the reporting	period				122,897	15,159
Cash and cash equivalents			at the
beginning ofthe	reporting		period		131,168	116,009
Cash and cash equivalents			at the end
ofthe reporting	period				254,065	131,168

RECONCILI ACTIVITIES	ATION		OF NE	T I	NCOME/(EXPE	NDITURE) TO NET CASH	FLOW FROM	OPERATING
								Period
								1.4.19
								to
								30.9.20
Net income/(expenditure)				for the reporting		period (as per the
Statement ofFinancial Activities)							135,824	(37,144)
Adjustments	for:
Depreciation	charges						19,123	33,736
Interest received Decrease in stocks							(93) 7	(54) 952
(Increase)/decrease			in debtors				(12,032)	8,429
Decrease in	creditors						(293)	(17,850)
Net cash provided			by/(uaed		in) operations		142,536	(11,931)
ANALYSIS OF CHANGES				IN	NET FUNDS
						At 1.10.20	Cash flow	At 30.9.21
								5
Net cash
Cash at bank and		in	hand			131,168	122,897	254,065
						131,168	122,897	254,065
Debt
Debts falling	due within 1 year					(10,568)	(7,959)	(18,527)
Debts falling	due after 1 year					(67,932)	8,742	(59,190)
						(78,500)	783	(77,717)
Total						52,668	123,680	176,348

DONATI	ONS AND	LEGACIES
				Period
				1.4.19
			Year Ended	to
			30.9.21	30.9.20
			5	5
Clitheroe	Town Council		17,500	12,890
Other grants			379,537	148,569
			397,037	161,459
OTHER	TRADING	ACTIVITIES
				Period
				1.4.19
			Year Ended	to
			30.9.21	30.9.20
			5	6
Aerobics			3,731	42,906
Vending	machines	and cafe income	2,996	21,875
Court hire			24,616	118,019
Climbing	wall		1,575	8,335
Gym			317,382	531,430
Sauna			165	612
Other (Car park)				(13,686)
Other income			1,737	100
School			4,101	22,856
			356,303	732,447

	Period
	1.4.19
Year Ended	to
30.9.21	30.9.20
5	5
93	54

	Other trading a	ctivities
							Period
							1.4.19
						Year Ended	to
						30.9.21	30.9.20
						K	6
	Staff costs					152,990	188,485
	Sub-contractors					44,653	30,538
	Vending machine	and cafe		purchases		2,829	15,875
	Equipment and associated			repairs		11,499	17,991
	Other fundraising	trading costs				2,232	23,552
	Unrecoverable VAT					10,349	18,582
	Alliance Leisure	share				2,162	23,738
						226,714	318,761
7.	CHARITABLE ACTIVITIES			COSTS
							Support
							costs (see
							note 8) f
	Costs of running	the centre					390,895
8.	SUPPORT COSTS
						Governance
					Management	costs	Totals
						K
	Costs of running	the centre			384,895	6,000	390,895
9.	NET INCOME/(EXPENDITURE)
	Net income/(expenditure)		is stated after charging/(crediting):

		Period
		1.4.19
	Year Ended	to
	30.9.21	30.9.20
	Z	E
Depreciation - owned assets	19,126	33,736
Hire of plant and machinery		2,351

					Period
					1.4.19
				Year Ended	to
				30.9.21	30.9.20
					F
Fees payable tothe charity's			auditors for the audit ofthe charity's
financial	statements			2,250	2,625
Auditors'	remuneration	for non audit work		3,750	6,283

			Period
			1.4.19
		Year Ended	to
		30.9.21	30.9.20
		L	6
Wages	and salaries	387,361	540,377
Social	security costs	23,659	29,130
Other	pension costs	5,787	7,149
		416,807	576,656

			Period
			1.4.19
		Year Ended	to
		30.9.21	30.9.20
Fundraising	trading	18	17
Support costs		17	24
		35	41

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
INCOME AND ENDOWMENTS	FROM
Donations and legacies		160,479	980	161,459
Other trading activities		732,447		732,447
Investment income		54		54
Total		892,980	980	893,960
EXPENDITURE ON
Raising funds		317,781	980	318,761
Charitable activities
Costs of running the centre		604,622	7,721	612,343
Total		922,403	8,701	931,104
NET INCOMEI(EXPENDITURE)		(29,423)	(7,721)	(37,144)
RECONCILIATION OF FUNDS
Total funds brought forward		131,872	305,847	437,719
TOTAL FUNDS CARRIED FORWARD		102,449	298,126	400,575

		Improvements
		to		Fixtures
		leasehold	Plant and	and	Gym
		property E	machinery f	fittings 6	equipment E	Totals
COST
At 1 October 2020		741,425	161,974	4,144	195,440	1,102,983
Additions		6,986	720	1,656	9,587	18,949
At 30September	2021	748,411	162,694	5,800	205,027	1,121,932
DEPRECIATION
At 1 October 2020		59,409	147,058	4,060	173,302	383,829
Charge for year		10,304	3,731	229	4,862	19,126
At 30September2021		69,713	150,789	4,289	178,164	402,955
NET BOOK VALUE
At 30September	2021	678,698	11,905	1,511	26,863	718,977
At 30September	2020	682,016	14,916	84	22,138	719,154

STOCKS
	30.9.21	30.9.20
		5
Stock	228	235
DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
	30.9.21	30.9.20
Trade debtors	13,874	1,582
VAT		274
Accrued income	3,157	2,766
Prepayments	4,248	4,622
	21,279	9,244

CREDITORS: AMOUNTS	FALLING DUE WITHIN ONE YEAR
		30.9.21	30.9.20
Bank loans and overdrafts	(see note 20)	9,527	1,568
Other loans (see note 20)		9,000	9,000
Trade creditors		17,413	14,744
Social security and other taxes		7,527	5,249
VAT		810
RVBC Loan		12,505	7,198
Accrued expenses		30,718	22,518
Income in advance		50,264	64,514
		137,764	124,791
CREDITORS: AMOUNTS	FALLING DUE AFTER MORE THAN ONE YEAR
		30.9.21	30.9.20
Bank loans (see note 20)		39,690	48,432
Other loans (see note 20)		19,500	19,500
RVBC Loan - 1-5years		70,603	69,206
RVBC Loan - over 5years		190,593	197,297
		320,386	334,435
LOANS
An analysis ofthe maturity	of loans is given below:
		30.9.21	30.9.20
		E
Amounts falling due within	one year on demand:
NatWest Bounce Back Loan		9,527	1,568
Bowland Trust loan		9,000	9,000
		18,527	10,568
Amounts falling between one and two years:
NatWest Bounce Back Loan		39,690	48,432
Bowland Trust loan - 1-5years		19,500	19,500
		59,190	67,932

	Minimum lea	se p	ayments under non-cancellable	operating leases fall due	as follows:
					30.9.21	30.9.20
						6
	Within one year				520	634
	Between one	and	five years		130	650
					650	1,284
22.	MOVEMENT	IN FUNDS
					Net
				At	movement	At
				1.10.20	in funds	30.9.21
	Unrestricted	funds
	General fund			102,449	110,684	213,133
	Restricted funds
	2015Refurbishment
				228,329	(3,334)	224,995
	2018Facility	improvements		69,797	(1,828)	67,969
	Holiday Activities		&Food Programme
	(HAF)				30,302	30,302
				298,126	25,140	323,266
	TOTAL FUNDS			400,575	135,824	536,399

MOVENIENT IN	FUNDS	- continu	- continu	ed
Net movement in	funds,	included		in the above are as follows:
					Incoming	Resources	Movement
					resources	expended	in funds
					E	8
Unrestricted funds
General fund					679,300	(568,616)	110,684
Restricted funds
2015Refurbishment
2018 Facility improvements						(3,334) (1,828)	(3,334) (1,828)
Holiday Activities	&Food	Programme
(HAF)					74,133	(43,831)	30,302
					74,133	(48,993)	25,140
TOTAL FUNDS					753,433	(617,609)	135,824
Comparatives for movement			in	funds
						Net
						movement	At
					At 1.4.19	in funds	30.9.20
					6	8
Unrestricted funds
General fund					131,872	(29,423)	102,449
Restricted funds
2015Refurbishment
2018Facility 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

						Period
						1.4.19
					Year Ended	to
					30.9.21	30.9.20
					6	f
INCOME AND	ENDOWMENTS
Donations and		legacies
Clitheroe Town	Council				17,500	12,890
Other grants					379,537	148,569
					397,037	161,459
Other trading	activities
Aerobics					3,731	42,906
Vending machines			and cafe income		2,996	21,875
Court hire					24,616	118,019
Climbing wall					1,575	8,335
Gym					317,382	531,430
Sauna					165	612
Other (Car park) Other income					1,737	(13,686) 100
School					4,101	22,856
					356,303	732,447
Investment income
Deposit account		interest				54
Total incoming		resources			753,433	893,960
EXPENDITURE
Other trading activities
Wages					144,911	181,845
Social security Sub-contractors					8,079 44,653	6,640 30,538
Vending machine			and cafe	purchases	2,829	15,875
Equipment and	associated			repairs	11,499	17,991
Other fundraising			trading costs		2,232	23,552
Unrecoverable	VAT				10,349	18,582
Alliance Leisure		share			2,162	23,738
					226,714	318,761
Support costs
Management
Wages					242,450	358,532
Social security					15,580	22,490
Carried forward					258,030	381,022

				Period
				1.4.19
			Year Ended	to
			30.9.21	30.9.20
Management
Brought forward Pensions Hire of plant and machinery Premises costs			258,030 5,787 41,499	381,022 7,149 2,351 65,827
Telephone Postage and stationery			2,110 3,734	2,584 6,410
Advertising			9,543	13,119
Sundries			9,351	13,969
General maintenance			12,761	27,426
Training Legal and professional Bank charges	fees		3,442 3,038 1,767	9,824 16,707 3,914
Loan interest			104	10,079
Computer costs Improvements to leasehold		property	14,606	9,318
depreciation			10,302	15,379
Plant and machinery depreciation Fixtures and fittings depreciation			3,731 229	8,951 85
Gym equipment depreciation			4,861	9,321
			384,895	603,435
Governance costs
Auditors' remuneration			2,250	2,625
Auditors' remuneration	for non audit work		3,750	6,283
			6,000	8,908
Totalresources expended			617,609	931,104
Net income/(expenditure)			135,824	(37,144)