2022-09-30-accounts - Ribble Valley Sports And Recreation

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		Page
Report ofthe Trustees	1	tc	7
Report ofthe Independent Auditors	8	to	11
Statement ofFinancial Activities		12
Balance Sheet		13
Cash Flow Statement		14
Notes to the Cash Flow Statement		15
Notes to the Financial Statements	16	to	28
Detailed Statement ofFinancial Activities	29	to	30

					30.9.22	30.9.21
			Unrestricted	Restricted	Total	Total
		Notes	fund f	funds	funds	funds
INCOME AND ENDOWMENTS	FROM
Donations and legacies		3	7,550		7,550	302,249
Charitable activities		6
Recreation and leisure			49,789	99,608	149,397	94,788
Activities to generate funds Investment income		4 5	557,151 549		557,151 549	356,303 93
Total			615,039	99,608	714,647	753,433
EXPENDITURE ON
Raising funds		7	267,474	73,378	340,852	226,714
Charitable activities
Recreation and leisure			453,742	34,353	488,095	390,895
Total			721,216	107,731	828,947	617,609
NET INCOME/(EXPENDITURE) Transfers between funds		22	(106,177) 8,175	(8,123) (8,175)	(114,300)	135,824
hiet movement in funds			(98,002)	(16,298)	(114,300)	135,824
RECONCILIATION OF FUNDS
Total funds brought forward			213,133	323,266	536,399	400,575
TOTAL FUNDS CARRIED FORWARD			115,131	306,968	422,099	536,399

					30.9.22	30.9.21
			Unrestricted	Restricted	Total	Total
	Notes		fund f	funds f	funds	funds f
FIXEDASSETS
Tangible assets		15	423,945	287,816	711,761	718,977
CURRENT ASSETS
Stocks		16	275		275	228
Debtors Cash at bank and	in hand	17	50,224 116,696	19,153	50,224 135,849	21,279 254,065
			167,195	19,153	186,348	275,572
CREDITORS
Amounts falling due within one year		18	(178,427)		(178,427)	(137,764)
NET CURRENT ASSETS			(11,232)	19,153	7,921	137,808
TOTAL ASSETS	LESSCURRENT
LIABILITIES			412,713	306,969	719,682	856,785
CREDITORS
Amounts falling due after more than one year		19	(297,583)		(297,583)	(320,386)
NETASSETS			115.13D	3D6,969	422,D99	536,399
FUNDS		22
Unrestricted funds					115,130	213,133
Restricted funds					306,969	323,266
TOTAL FUNDS					422,099	536,399

				30.9.22	30.9.21
			Notes	E
Cash flows from operating		activities
Cash generated from operations			1	(85,221)	142,536
Net cash (used in)/provided		by operating	activities	(85,221)	142,536
Cash flows from investing		activities
Purchase oftangible fixed assets Interest received				(11,492) 549	(18,949) 93
Net cash used in investing	activities			(10,943)	(18,856)
Cash flows from financing		activities
Loan repayments in year				(22,052)	(783)
Net cash used in financing	activities			(22,052)	(783)
Change in cash and cash		equivalents
in the reporting period				(118,216)	122,897
Cash and cash equivalents		at the
beginning ofthe reporting		period		254,065	131,168
Cash and cash equivalents		atthe end
ofthe reporting period				135,849	254,065

	RECONCILIATION OF NET (EXPENDITURE)/INCOME	RECONCILIATION OF NET (EXPENDITURE)/INCOME	RECONCILIATION OF NET (EXPENDITURE)/INCOME	TO NET CASH	FLOW FROM	OPERATING
	ACTIVITIES
					30.9.22	30.9.21
	Net (expenditure)/income forthe reporting		period (as	per the
	Statement of Financial Activities) Adjustments for:				(114,300)	135,824
	Depreciation charges				18,708	19,126
	Interest received (Increase)/decrease in stocks Increase in debtors Increase/(decrease) in creditors				(549) (47) (28,945) 39,912	(93) 7 (12,035) (293)
	Net cash (used in)/provided	by operations			(85,221)	142,536
2.	ANALYSIS OF CHANGES IN	NET DEBT
				At 1.10.21	Cash flow	At 30.9.22
				'Z
	Net cash
	Cash at bank and in hand			254,065	(118,216)	135,849
				254,065	(118,216)	135,849
	Debt
	Debts falling due within 1 year Debts falling due after 1 year			(31,032) (320,386)	(751) 22,803	(31,783) (297,583)
				(351,418)	22,052	(329,366)
	Total			(97,353)	(96,164)	(193,517)

Improvements to leasehold	property	5%on cost and	Over the term ofthe lease
Plant and machinery		25%on reducing	balance
Fixtures and fittings		33%on reducing	balance
Gym equipment		10%on cost
The charity operates from	land and buildings	owned by Ribble	Valley Borough Council.

DONATIONS	AND LE	GACIES
			30.9.22	30.9.21
			F
Clitheroe Town Council				17,500
Other grants	including	Covid grants	7,550	284,749
			7,550	302,249

ACTIVIT	IES TO G	ENERATE FUNDS
			30.9.22	30.9.21
Aerobics			6,045	3,731
Vending	machines	and cafe income	8,113	2,996
Court hire			74,479	24,616
Climbing	wall		1,500	1,575
Gym			442,216	317,382
Sauna			798	165
Other income			516	1,737
School			23,484	4,101
			557,151	356,303

			30.9.22	30.9.21
				6
Deposit	account	interest	549	93

6.	INCOME FROM	INCOME FROM	INCOME FROM	CHARITABLE ACTIVITIES	CHARITABLE ACTIVITIES	CHARITABLE ACTIVITIES
							30.9.22	30.9.21
						Activity
	Contracts	for services				Recreation and leisure	34,514	20,655
	Grants					Recreation and leisure	114,883	74,133
							149,397	94,788
	Grants received,			included	in	the above, are as follows:
							30.9.22	30.9.21
							E	6
	Lancashire	County Council			(HAF and PASTA)		99,608	74,133
	Other						15,275
							114,883	74,133
7.	RAISING FUNDS
	Activities	to generate funds
							30.9.22	30.9.21
	Staff costs						156,053	152,990
	Sub-contractors						90,660	44,653
	Vending machine			and cafe purchases			7,672	2,829
	Equipment	and	associated		repairs		30,870	11,499
	Other fundraising			trading costs			28,015	2.232
	Unrecoverable		VAT				15,279	10,349
	Alliance Leisure		share				12,303	2,162
							340,852	226,714
8.	CHARITABLE		ACTIVITIES COSTS
								Support
								costs (see
								note 9) f
	Recreation	and	leisure					488,095

SUPPORT COSTS
				Governance
			Management	costs	Totals
			6		E
Recreation and leisure			482,150	5,945	488,095
NET INCOME/(EXPENDITURE)
Net income/(expenditure)	is	stated after charging/(crediting):
				30.9.22 E	30.9.21 f
Depreciation - owned assets				18,708	19,126
AUDITORS' REMUNERATION
				30.9.22 f	30.9.21
Fees payable to the charity's		auditors	for the audit ofthe charity's
financial statements				2,250	2,250
Auditors' remuneration	for non audit		work	3,695	3,750

STAFF COSTS
	30.9.22	30.9.21
Wages and salaries	438,837	387,361
Social security costs	28,157	23,659
Other pension costs	7,344	5,787
	474,338	416,807

The average	monthly
		30.9.22	30.9.21
Fundraising	trading	16	18
Support costs		21	17
		37	35

13.	STAFF COSTS - continued No employees had employee benefits in excess off60,000(2021 - anil).	STAFF COSTS - continued No employees had employee benefits in excess off60,000(2021 - anil).	STAFF COSTS - continued No employees had employee benefits in excess off60,000(2021 - anil).
14.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
			Unrestricted	Restricted	Total
			fund f	funds	fundsf
	INCOME AND ENDOWMENTS	FROM
	Donations and legacies		302,249		302,249
	Charitable activities
	Recreation and leisure		20,655	74,133	94,788
	Activities to generate funds		356,303		356,303
	Investment income		93		93
	Total		679,300	74,133	753,433
	EXPENDITURE ON
	Raising funds		188,477	38,237	226,714
	Charitable activities
	Recreation and leisure		380,139	10,756	390,895
	Total		568,616	48,993	617,609
	NET INCOME		110,684	25,140	135,824
	RECONCILIATION OF FUNDS
	Total funds brought forward		102,449	298,126	400,575
	TOTAL FUNDS CARRIED FORWARD		213,133	323,266	536,399

TANGIBLE FIXEDASSE	TS
	Improvements
	to		Fixtures
	leasehold	Plant and	and	Gym
	property	machinery	fittings	equipment	Totals
	E	E		E	5
COST
At 1 October 2021	748,411	162,694	5,800	205,027	1,121,932
Additions	10,634		183	675	11,492
At 30September 2022	759,045	162,694	5,983	205,702	1,133,424
DEPRECIATION
At 1 October 2021	69,713	150,789	4,289	178,164	402,955
Charge for year	10,569	3,042	684	4,413	18,708
At 30September 2022	80,282	153,831	4,973	182,577	421,663
NET BOOK VALUE
At 30September 2022	678,763	8,863	1,010	23,125	711,761
At 30September 2021	678,698	11,905	1,511	26,863	718,977

Fixed assets are include	d at cost. There are no un-capitalised fixed a	ssets.
STOCKS
		30.9.22	30.9.21
		E	E
Stock		275	228
DEBTORS:AMOUNTS	FALLING DUE WITHIN ONE YEAR
		30.9.22	30.9.21
			E
Trade debtors		37,217	13,874
Accrued income		4,770	3,157
Prepayments		8,237	4,248
		50,224	21,279

18.	CREDITORS: AMO	UNTS	FALLING DUE WITHIN ONE YEAR	FALLING DUE WITHIN ONE YEAR
					30.9.22 f	30.9.21
	Bank loans and overdrafts		(see note 20)		9,768	9,527
	Other loans (see note 20)				22,015	21,505
	Trade creditors				30,622	17,413
	Social security and	other taxes			9,575	7,527
	VAT				4,457	810
	Accrued expenses				39,097	30,718
	Income in advance				62,893	50,264
					178,427	137,764
19.	CREDITORS: AMOUNTS		FALLING DUE AFTER MORE THAN ONE YEAR
					30.9.22	30.9.21
						E
	Bank loans (see note 20)				29,923	39,690
	Other loans (see note 20)				267,660	280,696
					297,583	320,386
20.	LOANS
	An analysis ofthe maturity		of	loans is given below:
					30.9.22	30.9.21
					L'
	Amounts falling due	within one year on demand:
	NatWest Bounce Back loan				9,768	9,527
	RVBC loan				13,015	12,505
	Bowland Trust loan				9,000	9,000
					31,783	31,032
	Amounts falling between one			and two years:
	NatWest Bounce Back loan				29,923	39,690
	RVBC loan				13,546	13,015
	Bowland Trust loan				9,000	9,000
					52,469	61,705
	Amounts falling due	between		two and five years:
	RVBC loan				44,042	42,317
	Bowland Trust loan				10,500	10,500
					54,542	52,817
	Amounts falling due	in more than five years:
	Repayable by instalments:
	RVBC loan				190,572	205,864
	The loan terms are	as follows:

Minimum lease p	ayments under non-canc	ellable operating	leases fall due	as follows:
				30.9.22	30.9.21 f
Within one year				1,170	520
Between one and	five years			7,150	130
				8,320	650
MOVEMENT IN FUNDS
			Net	Transfers
		At	movement	between	At
		1.10.21	in funds	funds	30.9.22
			F		6
Unrestricted funds
General fund		213,133	(106,178)	8,175	115,130
Restricted funds
2015 Refurbishment 2018 Facility im provements		224,995 67,969	(3,333) (1,815)		221,662 66,154
Holiday Activities	& Food Programme
(HAF)		30,302	(6,467)	(8,175)	15,660
Play and Skills at	Teatime Activities
Programme (PASTA)			3,493		3,493
		323,266	(8,122)	(8,175)	306,969
TOTAL FUNDS		536,399	(114,300)		422,099

Net movement in funds, includ	ed in the above are	as follows:
		Incoming	Resources	Movement
		resources	expended	in funds
		K		E
Unrestricted funds
General fund		615,039	(721,217)	(106,178)
Restricted funds
2015Refurbishment 2018 Facility improvements Holiday Activities &Food Programme			(3,333) (1,815)	(3,333) (1,815)
(HAF) Play and Skills at Teatime Activities		89,608	(96,075)	(6,467)
Programme (PASTA)		10,000	(6,507)	3,493
		99,608	(107,730)	(8,122)
TOTAL FUNDS		714,647	(828,947)	(114,300)
Comparatives for movement	in funds
			Net
		At	movement	At
		1.10.20 E	in funds F	30.9.21 f
Unrestricted funds
General fund		102,449	110,684	213,133
Restricted funds
2015 Refurbishment 2018Facility improvements Holiday Activities 8, Food Programme		228,329 69,797	(3,334) (1,828)	224,995 67,969
(HAF)			30,302	30,302
		298,126	25,140	323,266
TOTAL FUNDS		400,575	135,824	536,399

Comparative net	movemen	t in funds, included in t	he above a	re as follows:
				Incoming	Resources	Movement
				resources	expended	in funds
Unrestricted funds
General fund				679,300	(568,616)	110,684
Restricted funds
2015Refurbishment 2018Facility improvements Holiday Activities &Food		Programme			(3,334) (1,828)	(3,334) (1,828)
(HAF)				74,133	(43,831)	30,302
				74,133	(48,993)	25,140
TOTAL FUNDS				753,433	(617,609)	135,824
A current year 12	months	and prior year 12months	combined	position isas follows:
				Net	Transfers
			At	movement	between	At
		1.10.20		in funds	funds	30.9.22
		K		F	8	F
Unrestricted funds
General fund		102,449		4,506	8,175'	115,130
Restricted funds
2015Refurbishment 2018Facility improvements		228,329 69,797		(6,667) (3,643)		221,662 66,154
Holiday Activities	&Food Programme
(HAF)				23,835	(8,175)	15,660
Play and Skills at	Teatime	Activities
Programme (PASTA)				3,493		3,493
		298,126		17,018	(8,175)	306,969
TOTAL FUNDS		400,575		21,524		422,099

A current year 12 months and prior year 12 mo above are as follows:	nths combined net move	ment in funds,	included in t
	Incoming	Resources	Movement
	resources f	expended 8	in funds K
Unrestricted funds
General fund	1,294,339	(1,289,833)	4,506
Restricted funds
2015Refurbishment 2018FaciTity improvements		(6,667) (3,643)	(6,667) (3,643)
Holiday Activities &Food Programme
(HAF)	163,741	(139,906)	23,835
Play and Skills at Teatime Activities
Programme (PASTA)	10,000	(6,507)	3,493
	173,741	(156,723)	17,018
TOTAL FUNDS	1,468,080	(1,446,556)	21,524

				30.9.22 K	30.9.21 f
INCOME AND	ENDOWMENTS
Donations and legacies
Clitheroe Town	Council				17,500
Other grants including		Covid grants		7,550	284,749
				7,550	302,249
Activities to generate		funds
Aerobics				6,045	3,731
Vending machines and		cafe income		8,113	2,996
Court hire				74,479	24,616
Climbing wall				1,500	1,575
Gym				442,216	317,382
Sauna				798	165
Other income				516	1,737
School				23,484	4,101
				557,151	356,303
Investment income
Deposit account interest				549	93
Charitable activities
Contracts for services				34,514	20,655
Grants				114,883	74,133
				149,397	94,788
Total incoming	resources			714,647	753,433
EXPENDITURE
Activities to generate		funds
Wages				149,261	144,911
Social security				6,792	8,079
Sub-contractors				90,660	44,653
Vending machine and cafe			purchases	7,672	2,829
Equipment and	associated		repairs	30,870	11,499
Other fundraising trading costs				28,015	2,232
Unrecoverable	VAT			15,279	10,349
Alliance Leisure	share			12,303	2,162
				340,852	226,714
Support costs
Management
Wages				289,576	242,450
Carried forward				289,576	242,450

				30.9.22	30.9.21
				6
Iflanagement
Brought forward				289,576	242,450
Social security				21,365	15,580
Pensions				7,344	5,787
Premises costs				58,727	41,499
Telephone				2,647	2,110
Postage and stationery				5,393	3,734
Advertising				9,915	9,543
Sundries				11,728	9,351
General maintenance				14,270	12,761
Training				8,373	3,442
Legal and professional		fees		8,447	3,038
Bank charges				2,670	1,767
Loan interest				11,595	104
Computer costs				11,393	14,606
Improvements to leasehold			property
depreciation				10,568	10,302
Plant and machinery	depreciation			3,042	3,731
Fixtures and fittings depreciation				684	229
Gym equipment depreciation				4,413	4,861
				482,150	384,895
Governance costs
Auditors' remuneration				2,250	2,250
Auditors' remuneration		for non audit work		3,695	3,750
				5,945	6,000
Total resources expended				828,947	617,609
Net (expenditure)/income				(114,300)	135,824