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2021-03-31-accounts

CONTENTS Page
Trustees'
report (including
directors'
report and strategic report) 1-14
Statement oftrustees'
responsibilities
15
Independent
auditor's
report
16-18
Consolidated
statement
offinancial
activities (including income and 19
expenditure
account)
Charity statement
offinancial activities (including
income and 20
expenditure
account)
Consolidated
balance sheet
21
Charity balance sheet 22
Consolidated
statement
ofcash flows
23
Charity statement ofcash flows 24
Notes to the financial statements 25-41
Additional
information
42
Detailed charitable
expenditure
43

The advancement advancement of The Charity delivers the local school swimming
service, with much
education ofthe 2020/21 not possible due to the impact ofCOVID-19.
KAL's
own
learn
to
swim
swimming
lesson
programme
was
previously
provided
to some 7,000 young
people
taking
part
in
regular
swimming
lessons. Again, this product was largely on hold
during 2020/21.
KAL's other coached activities,
such as tennis, at both junior and
adult level was also not able to take part during 2020/21.
In more normal
times
all activities
would
have been available
to
all group ofthe local community,
with pricing discounts
provided
via the local Kirklees Passport scheme.
KAL staff would
normally
receive
training
in
a wide
range
of
aspects,
including
health 5 safety, safeguarding,
KAL's corporate
induction,
etc. with this training
also being postponed
while the
majority ofstaff were in furlough.
The advancement of health KAL's new overall focus is to develop the Charity as a preventive
health
service, to both seek a new customer
base and
also to
contribute
towards
improving
local
health
inequalities,
in
particular
attracting
those
from
targeted
demographic
communities
to make use of the sites and products
provided
by
KAL.
COVID-19 allowed
KAL to reconsider
our strategic
approach
and
the
resources
needed
to deliver
this,
with
initially,
a
Health
Partnership
Manager
appointed
to KAL, before being followed
by
Page l 4
~
~
a new Volunteer
Coordinator,
with
volunteers
viewed
as a key
approach for KALto increase its' capacity with.
KAL has partnered
with the University
of Huddersfield's
School of
Human 5 Health
Sciences to develop
a number
of Standard
Evaluation
Frameworks
(SEFs)to help ensure that the Charity can
clearly demonstrate
the impact being of its services and products.
KAL's initial
health
g wellbeing
products
are due to be launched
during 2021/22.
The advancement of The
Charity
and
Kirklees
Council
have
been
engaged
during
citizenship and community 2020/21 with developing
a joint Partnership
Framework
to try to
development outline
the ways of working
and areas which the Council
would
like
to
encourage
the
Charity
to
develop.
This
includes
a
requirement
to consider
the
contribution
that
KAL can
make
towards
addressing
inequalities
and,
as noted
above,
how
KAL
can
attract
the
various
representative
groups
o the
Kirklees
community
feel welcome.
This
work
will
involve
working
with
a
range
of community
agencies
and
partners
to ensure
that
KAL link
effectively
and
avoids duplication.
Free fitness
membership
for Care
Leavers
and
targeted
other
individuals
continues to be provided.
The advancement of The Charity works closely with a number ofsignificant
local sports
amateur sport clubs that make use ofthe facilities managed
by the Charity. This
includes
athletics
clubs; a range of swimming
clubs;; tennis
club;
golf club; and a major local football club.
KAL is a key partner
on the local strategic
partnership
for sport
and wider
physical
activity-
"Everybody
Active" and the Kirklees
Active Schools sub-group.
At Lockwood
Park,
KAL is a tenant
on the site where
Huddersfield
Rugby Union
Club is based, alongside
local hockey teams.
KAL also
hosts
local
multi-sports
VCS organisations,
assisting
them where possible.
The advancement of Reducing
CO2 emissions
and being as efficient as possible with
environmental protection or energy consumption
continues to be a key component
of KAL's
improvement approach,
with considerable
investment
continuing
to be made
to ensure emissions
remain
low for the type oforganisation
and
facilities operated.
Clearly one ofthe few positive areas due to the COVID-pandemic,
with energy use and, in turn, CO2 emissions
being considerably
below normal
levels. Unfortunately,
COVID requirements
regarding
ventilation
ofareas means that there is likely to be an
increase
in the level ofCO2 emissions
upon reopening.
The relief of those in need, Discounted
pricing, accessible facilities and the breadth ofactivity
by reason of youth, age, ill opportunity
on offer ensure
that
KAL
is accessible
to various
health, disability, financial customer groups across the Kirklees community.
hardship or other Examples
include
the free fitness
membership
offer highlighted
disadvantage above for care leavers, etc, while the Charity also support
worthy
local groups,
such as with disadvantaged
young parents
and their
families from the local Home-Start
group and supporting
them to
make
use of their
local
leisure
facilities.
KAL's support
of the
Uniform
Exchange
scheme,
where
collection
points
in
KAL sites
allow customers to pass to Uniform
Exchange school uniforms
to
re-cycle to those most
in need,
and of the local Forget Me Not
Children's
Hospice
are further
examples
of where
KAL support
the disadvantaged.
This
work
has
been
placed
on
hold
during
the
COVID19
pandemic.
As part of KAL's contribution
towards
the COVID-19 pandemic,
a
significant
number
(c.35) of KAL's staff were seconded
to work
within
children's
homes
and with
children
in need of additional
support.
This proved to be a very positive experience for the KAL
staff involved.
1. Putting People First (Service) KAL recruits
and
retains
great
staff, offering
a first-class
rewards
package
and
striving
to provide
employees
with
the
learning
and
skills
they
need.
KAL offers
excellent
customer
service
to our customers,
helping
them
reach
their activity goals and make the most oftheir leisure time,
within a high quality, safe environment.
2. Helping More People become KAL is a major contributor
to improving
the
health
and
More Active (Products) wellbeing
of local
communities
through
the promotion
of

Financial Review
The table below summarises the group's financial performance:
2020/21 2019/20
f000 f000
INCOME
From customers 2,646 13,612
From customers ofsubsidiary 150 334
2,796 13,946
Investment
income
10
Funding
by Kirklees MC
4,770 1,161
Other funding 3 654
11 222 15117
EXPENDITURE
Staff costs, including
self-employed
instructors 7,443 9,189
Other costs incurred
by KAL
3,759 6,047
Costs incurred
by KALT
116 251
11 318 15487
EXCESS OF EXPENDITURE OVER INCOME, BEFORE THE EFFECTS OF THE ~96 370
DEFINED BENEFIT PENSION SCHEME
EFFECTS OF THE DEFINED BENEFIT PENSION SCHEME
Current year charge (1,409) (2,184)
Re-measurement
gain/ (loss)
7 626 377
9 035 1807
NET MOVEMENT
IN FUNDS
BEFORE TAX (9,131) (2,177)
Corporation
Tax charge on
KALT
NET MOVEMENT
IN FUNDS
AFTER TAX (9,130) (2,182)
FUNDS BROUGHT FORWARD 11779 9 597
FUNDS CARRIED FORWARD 20 909 11779
Comprising:
Charity reserves,
excluding
pension liability 964 1,053
Subsidiary
reserves
15
Total Funds, excluding
pension
liability 973 1,068
Pension deficit 21 882 12847
Total Funds 20 909 11779

As of the KAL Board meeting the KAL Board meeting the KAL Board meeting in March in March in March 2021, the major corporate corporate risks facing KAL KAL were identified as follows: as follows:
Ref Risk Comment
1 COVID-19 Continuing to
manage
the
day-to-day impact of the
pandemic upon the Charity.
KAL's Medium Term Financial Plan Relating to the
medium
term
financial viability of the
Charity.
Economic Climate Acknowledging
the ongoing
difficult
local financial position
facing
many
local organisations and individuals, with
increasing poverty levels
and
inequalities, all now
exacerbated due to COVID-19.
Challenges around KAL site re- Ensuring a safe
and
effective reopening of the sites and
openings after C-19lockdown lifted services managed
by
the Charity.
5 National Living Wage & National The
financial
impact upon
the
charity of the ongoing,
Page ( 13
Minimum
Wage
Minimum
Wage
significant NLW/ NMW NMW increases. increases.
KC financial position Significantly negatively impacted
upon
by COVID-19 and how
the
Charity
can look to improve this within a continuing
challenging environment.
Competitors opening up in the
local
area
and
Market
Management in mitigation
School Swimming Continuing to ensure the effective embedding ofthis service
into the Charity.
Low staff morale
10 Huddersfield Leisure Centre As the
flagship
site provided
by the
Charity, the need to
make
sure
it provided safe leisure opportunities
for local
people and was financially efficient.

2021 2020
Notes Unrestricted Restricted
funds Funds Total Total
f E f E
Income and endowments from:
Charitable
activities
2,646,146 2,646,146 13,612,107
Other trading
activities
149,833 149,833 334,255
Investments 1,907 1,907 10,204
Coronavirus
Job Retention
Scheme 2,867,463 2,867,463
Other 5,203,691 352,656 5,556,347 1,161,241
Total income 10,869,040 352,656 11,221,696 15,117,807
Expenditure
on:
6 Raising funds 157,383 157,383 308,237
6 Charitable
activities
12,187,107 383,217 12,570,324 17,363,135
Total expenditure 12,344,490 383,217 12,727,707 17,671,372
Net income/(expenditure) -1,475,450 -30,561 -1,506,011 -2,553,565
Other recognised gains/(losses):
24 Re-measurement
gain/(loss)
on defined
benefit pension scheme -7,626,000 -7,626,000 377,000
Net movement
in funds before tax
-9,101,450 -30,561 -9,132,011 -2,176,565
Corporation
tax charge on
subsidiary 1,435 1,435 -4,556
21 Net movement
in funds after tax
-9,100,015 -30,561 -9,130,576 -2,181,121
Reconciliation
offunds:
21 Total funds brought
forward
-12,038,815 260,003 -11,778,812 -9,597,691
21 Total funds carried forward -21,138,830 229,442 -20,909,388 -11,778,812
2021 2020
Notes Unrestricted Restricted
funds Funds Total Total
f E E f
Income and endowments from:
Charitable
activities
2,646,146 2,646,146 13,612,107
Other trading
activities
41,100 41,100 71,584
Investments 1,906 1,906 9,838
Coronavirus
Job Retention
Scheme 2,867,463 2,867,463
Other 5,203,691 352,656 5,556,347 1,161,241
Total income 10,760,306 352,656 11,112,962 14,854,770
Expenditure
on:
6 Charitable
activities
12,228,207 383,217 12,611,424 17,420,745
Total expenditure 12,228,207 383,217 12,611,424 17,420,745
Net income/(expenditure) -1,467,901 -30,561 -1,498,462 -2,565,975
Other recognised gains/(losses):
24 Re-measurement
gain/(loss)
on defined
benefit pension scheme -7,626,000 -7,626,000 377,000
Net movement
in funds
-9,093,901 -30,561 -9,124,462 -2,188,975
Reconciliation
offunds:
21 Total funds brought
forward
-12,053,790 260,003 -11,793,787 -9,604,812
21 Total funds carried forward -21,147,691 229,442 -20,918,249 -11,793,787

ONSOL IDATED
BALANCE S
H EET A S A T31MARCH 2021
Notes 2021 2020
E E
Fixed assets
13 Tangible assets 1,141,705 1,552,090
1,141,705 1,552,090
Current assets
15 Stocks 24,568 31,899
16 Debtors 1,033,801 206,593
Cash at bank and
in
hand 1,950,194 1,646,081
3,008,563 1,884,573
17 Creditors: amounts falling due within one year -3,174,116 -2,363,500
Net current assets -165,553 -478,927
Total assets less current liabilities 976,152 1,073,163
18 Creditors: amounts falling due after more than one year
20 Provision for liabilities -3,540 -4,975
Net assets excluding pension liability 972,612 1,068,188
24 Defined benefit pension liability -21,882,000 -12,847,000
Net (liabilities) -20,909,388 -11,778,812
Charity Funds
Unrestricted
funds
excluding pension deficit 734,309 793,210
Charity Trading Subsidiary 8,861 14,975
Designated
funds
Total unrestricted funds before pension deficit 743,170 808,185
24 Pension deficit -21,882,000 -12,847,000
21 Total unrestricted funds -21,138,830 -12,038,815
21 Restricted funds 229,442 260,003
Total charity deficit -20,909,388 -11,778,812

HARIT Y BALANCE SHEET AS AT 31M ARCH 2021
Notes 2021 2020
E f
Fixed assets
13 Tangible assets 1,118,644 1,520,826
14 Investments 2 2
1,118,646 1,520,828
Current assets
15 Stocks 24,568 27,320
16 Debtors 1,138,907 271,070
Cash at bank and in hand 1,916,340 1,607,346
3,079,815 1,905,736
17 Creditors: amounts falling due within one year -3,234,710 -2,373,351
Net current assets -154,895 -467,615
Total assets less current liabilities 963,751 1,053,213
18 Creditors: amounts falling due after more than one year
Net assets excluding pension liability 963,751 1,053,213
24 Defined benefit pension liability -21,882,000 -12,847,000
Net (liabilities) -20,918,249 -11,793,787
Charity Funds
Unrestricted
funds
excluding pension deficit 734,309 793,210
Designated
funds
Total unrestricted funds before pension deficit 734,309 793,210
24 Pension deficit -21,882,000 -12,847,000
21 Total unrestricted funds -21,147,691 -12,053,790
21 Restricted funds 229,442 260,003
Total charity deficit -20,918,249 -11,793,787

for the year ended for the year ended
31MARCH 2021
2021 2020
Note f f
22 Net cash flow from operating activities 361,441 19,244
Cash flow from investing activities
Payments
to acquire tangible
fixed assets (64,179) (629,852)
Receipts from sales oftangible fixed assets 10,958 50,508
Interest received 1,907 10,204
Net cash flow from investing activities (51,314) (569,140)
Cash flow from financing activities
Repayment
offinance lease liabilities
Interest
paid
Net cash flow from financing activities
Net increase/(decrease) in cash and cash equivalents 310,127 (549,897)
Cash and cash equivalents at 1April 2020 1,640,006 2,189,903
Cash and cash equivalents at 31March 2021 1,950,133 1,640,006
Cash and cash equivalents consists of:
Cash at bank and in hand 1,950,194 1,646,081
Bank overdraft (61) (6,075)
Cash and cash equivalents at 31March 2021 1,950,133 1,640,006

for the year ended for the year ended
31MARCH 2021
2021 2020
Note f f
22 Net cash flow from operating activities 360,309 72,789
Cash flow from investing activities
Payments
to acquire tangible
fixed assets (64,179) (600,298)
Receipts from sales oftangible fixed assets 10,958 50,508
Interest received 1,906 9,838
Net cash flow from investing activities (51,315) (539,952)
Cash flow from financing activities
Repayment
offinance lease liabilities
Interest paid
Net cash flow from financing activities
Net increase/(decrease)
in cash and cash equivalents
308,994 (467,163)
Cash and cash equivalents at 1April 2020 1,607,346 2,074,509
Cash and cash equivalents at 31March 2021 1,916,340 1,607,346
Cash and cash equivalents consists of:
Cash at bank and in hand 1,916,340 1,607,346
Bank overdraft
Cash and cash equivalents at 31March 2021 1,916,340 1,607,346

2021 2020
E E
Sale ofgoods and services 2,646,146 13,612,107
2,646,146 13,612,107

2021 2020
f E
149,833 334,255

2021 2020
E E
Management charge received from subsidiary 41,100 57,610
Deed ofgift from subsidiary 13,974
41,100 71,584

Group Charity Group Charity
2021 2021 2020 2020
f f f E
1,907 1,906 10,204 9,838
2021 2020
f E
Funding provided by Kirklees Metropolitan Council 4,769,728 1,161,241
Coronavirus Business Support Grants 433,963
National Leisure Recovery Fund 352,656
5,556,347 1,161,241

Support Total
Staff costs Other costs Depreciation costs
Raising funds f f f f
Trading subsidiary expenses 89,842 16,439 8,203 42,899 157,383
Charitable
activities
Staff costs 4,881,837 3,643,006 8,524,843
Transport costs 4,891 13,105 17,996
Premises costs 1,663,189 60,208 1,723,397
Supplies 5services 286,000 793,766 466,361 534,254 2,080,381
Kirklees Metropolitan Council
service level agreements 440 223,267 223,707
5,167,837 2,462,286 466,361 4,473,840 12,570,324
Total resources expended 5,257,679 2,478,725 474,564 4,516,739 12,727,707
f17,302,5 12)was attr ibutable
to
unrestricted
fun
ds.
Support Total
Charity Staff costs
f
Other costs
f
Depreciation
f
costs
f
Charitable activities
Staff costs 4,881,837 3,684,106 8,565,943
Transport costs 4,891 13,105 17,996
Premises costs 1,663,189 60,208 1,723,397
Supplies 8 services 286,000 793,766 466,361 534,254 2,080,381
Kirklees Metropolitan Council
service level agreements 440 223,267 223,707
5,167,837 2,462,286 466,361 4,514,940 12,611,424
Total resources expended 5,167,837 2,462,286 466,361 4,514,940 12,611,424

Group Raising Charitable
funds Activities Total
f f f
Staff costs 41,100 3,643,006 3,684,106
Transport costs 13,105 13,105
Premises costs 1,799 60,208 62,007
Supplies and services 534,254 534,254
Kirklees Metropolitan Council
service level agreements 223,267 223,267
Total 42,899 4,473,840 4,516,739
Charity Charitable
Activities Total
f f
Staff costs 3,684,106 3,684,106
Transport costs 13,105 13,105
Premises costs 60,208 60,208
Supplies and services 534,254 534,254
Kirklees Metropolitan Council
service level agreements 223,267 223,267
Total 4,514,940 4,514,940
8 Audit fees - Group and Charity
2021 2020
f f
Auditor's
remuneration
—statutory audit 11,210 11,290
The above costs are attributable to unrestricted funds.

Group Charity Group Charity
2021 2021 2020 2020
E f E E
Depreciation oftangible fixed assets 474,563 466,361 469,941 463,246
Gain on sale oftangible fixed assets (10,958) (10,958) (50,508) (50,508)
Operating lease rentals 232,124 232,124 232,124 232,124

he reimbursement
oftruste
es'
expenses was as follows:
2021 2020 2021 2020
Number Number E E
Travel 237

he average
mo
nthly
number ofem
ployees
and full time equiv alents
(FTE)
during the year was as follows:
2021 2021 2020 2020
Number FTE Number FTE
Raising funds 18 5.1 18 7.5
Charitable
activities
646 282.8 730 307
664 287.9 748 314.5
he total staff costs and employees' benefits were as follows:
Group Charity Group Charity
2021 2021 2020 2020
E f E E
Wages and salaries 6,461,303 6,382,144 7,396,357 7,300,979
Social security 375,607 372,598 454,846 451,122
Defined benefit pension operating costs 1,641,537 1,633,863 2,494,736 2,486,455
Other payroll costs 53,429 53,429 167,314 167,095
Self-employed instructors 123,909 123,909 699,822 699,822
8,655,785 8,565,943 11,213,075 11,105,473
e numer oempoyees
wo rece
more than f60,000 is as follows:
ve tota employee
nets (excludi ng
employer
pe
sion costs)
2021 2020
Number Number
E70,001 - E80,000 1 1
E60,001 —E70,000 1 1
12 Interest payable and similar charges —Group and Charity
2021 2020
E E
Interest on defined benefit pension liability 286,000 268,000
286,000 268,000
13 Tangible fixed assets
Plant and Fixtures and
Group equipment
E
Fittings
f
Total
f
Cost:
At 1April 2020 3,713,918 1,424,877 5,138,795
Additions 37,738 26,441 64,179
Disposa Is
At 31March 2021 3,751,656 1,451,318 5,202,974
Depreciation:
At 1April 2020 2,777,337 809,368 3,586,705
Charge for the year 321,068 153,496 474,564
On disposals
At 31March 2021 3,098,405 962,864 4,061,269
Net Book value:
At 31March 2021 653,251 488,454 1,141,705
At 31March 2020 936,581 615,509 1,552,090

13 Tangible fixed assets (continued)
Charity Plant and Fixtures and
Cost: equipment
f
fittings
f
Totalf
At 1April 2020 3,701,229 1,344,519 5,045,748
Additions 37,738 26,441 64,179
Disposals
At 31March 2021 3,738,967 1,370,960 5,109,927
Depreciation:
At 1April 2020 2,774,508 750,414 3,524,922
Charge for the year 318,980 147,381 466,361
On disposals
At 31March 2021 3,093,488 897,795 3,991,283
Net Book value:
At 31March 2021 645,479 473,165 1,118,644
At 31March 2020 926,721 594,105 1,520,826
14 Fixed asset investments
Equity
Charity in subsidiary
undertaking Total
f f
Cost:
At 1April 2020 and 31March 2021
Carrying amount:
At 31March 2021
At 1April 2020
2021 2020
f f
Turnover 5,830 334,255
Cost ofsales (10,299) (116,611)
Gross profit (4,469) 217,644
Administration
expenses
(105,984) (134,015)
Management
charge paid to Kirklees Active Leisure
(41,100) (57,610)
Other operating income 144,003
Interest receivable 5similar income 1 366
Net profit (7,549) 26,385
Deed ofgift to Kirklees Active Leisure (13,974)
Tax on profit on ordinary activities 1,435 (4,556)
(6,114) 7,855
The assets and liabilities ofthe subsidiary were:
Assets 128,205 124,562
Liabilities (119,342) (109,585)
Total net assets 8,863 14,977
Aggregate
share
capital and reserves 8,863 14,977
15 Stocks —Group and Charity
Group Charity Group Charity
2021 2021 2020 2020
f f f f
Consumables 4,825 4,825 8,205 7,577
Goods for resale 19,743 19,743 23,694 19,743
24,568 24,568 31,899 27,320

Debtors
Group Charity Group Charity
2021 2021 2020 2020
f f f f
Trade debtors 474,107 473,578 71,104 62,225
Amounts owed by subsidiary 105,895 81,573
Other debtors 7,542
Prepayments 144,889 144,629 115,160 114,485
Accrued income 414,805 414,805 12,787 12,787
1,033,801 1,138,907 206,593 271,070

Group Charity Group Charity
2021 2021 2020 2020
E E f f
Bank loans and overdrafts 61 6,075
Trade creditors 250,259 248,498 151,023 147,961
Amounts
owed to subsidiary
70,022 32,888
Other tax and social security 174,053 173,574 69,736 63,686
Other creditors 342,838 335,063 440,946 433,096
Accruals and deferred income 2,361,833 2,361,833 1,695,720 1,695,720
3,129,044 3,188,990 2,363,500 2,373,351
Leases expiring: Leases expiring: 2021
f
2020
f
Later than one and not later than five years 393,121 319,468
Later than five years
393,121 319,468
Deferred taxation
Group Charity Group Charity
The movement
in the deferred tax
2021 2021 2020 2020
provision during the year was: E f f f
Provision brought
forward
4,975 419
Profit and loss account movement
during the year (1,435) 4,556
Provision carried forward 3,540 4,975
Group Charity Group Charity
2021 2021 2020 2020
f E f E
Fixed asset timing differences 3,540 4,975

Balance at Balance at
1April 2020
f
Income
f
Expenditure
f
Gains/(losses)
f
31March 2021
f
Unrestricted -12,038,815 8,001,577 -9,475,592 -7,626,000 -21,138,830
Designated funds
-12,038,815 8,001,577 -9,475,592 -7,626,000 -21,138,830
Unrestricted funds - Charity
Balance at Balance at
1April 2020 Income Expenditure Gains/(losses) 31March 2021
f f f f f
Unrestricted -12,053,790 7,892,843 -9,360,744 -7,626,000 -21,147,691
Designated funds
-12,053,790 7,892,843 -9,360,744 -7,626,000 -21,147,691
Restricted funds —Group and Charity
Balance at Balance at
1April 2020
f
Income
f
Expenditure
f
Gains/(losses)
f
31March 2021
f
Restricted 260,003 3,220,119 -3,250,680 229,442

Unrestricted Unrestricted Restricted Restricted Total Total
Group
f
Charity
E
Group
f
Charity
f
Group
E
Charity
f
Fixed assets 1,141,705 1,118,644 1,141,705 1,118,644
Investments 2 2
Net current assets -398,535 -384,337 229,442 229,442 -169,093 -154,895
Creditors: more than one
Year
Pension
liability
-21,882,000 -21,882,000 -21,882,000 -21,882,000
Total -21,138,830 -21,147,691 229,442 229,442 -20,909,388 -20,918,249
22 Reconciliation
ofnet income/(expenditure)
to net cash flow from operating activities
Group 2021
E
2020
f
Net (expenditure) for the year —1,506,011 -2,553,565
Interest (receivable)/payable 1,907 -10,204
Depreciation
oftangible
fixed assets
474,564 469,941
Profit on disposal of fixed assets 10,958 -50,508
Corporation
tax paid
Pension funding 1,409,000 2,184,000
(Increase)/decrease in stock 7,331 2,462
(Increase)/decrease in debtors 827,208 622,802
Increase/(decrease) in creditors 816,630 -645,684
Net cash flow from operating
activities
361,441 19,244
Charity
Net (expenditure) for the year - 1,498,462 -2,565,975
Interest (receivable)/payable 1,906 -9,838
Depreciation
oftangible
fixed assets
466,361 463,246
Profit on disposal of fixed assets 10,958 -50,508
Pension funding 1,409,000 2,184,000
(Increase)
in stock
2,752 1,751
(Increase)/decrease in debtors 867,837 677,895
Increase/(decrease) in creditors 861,359 -627,782
Net cash flow from operating
activities
360,309 72,789

2021 2020
f f
Contributions 518,000 615,000
Current service cost (1,641,000) (2,019,000)
Past service cost (512,000)
Net interest expense (286,000) (268,000)
Recognised
in net expenditure
(1,409,000) (2,184,000)
Recognised
in other
gains/(losses) (7,626,000) 377,000
Total credit/(cost) recognised (9,035,000) (1,807,000)
Amounts
recognised
in the balance sheet were as follows:
2021 2020
f f
Present value of funded obligations (48,993,000) (34,541,000)
Fair value of plan assets 27,111,000 21,694,000
(21,882,000) (12,847,000)
Changes
in the present value ofthe defined
benefit obligations were as follows:
2021
f
Opening
defined
benefit obligation 34,541,000
Current service cost 1,641,000
Past service cost
Interest expense 793,000
Actuarial
(gains)/loss
12,156,000
Contributions
by
scheme participants 315,000
Benefits paid (453,000)
Closing defined
benefit obligation
48,993,000

2021 2020
f f
Opening plan assets 21,694,000 23,814,000
Interest income 507,000 601,000
Re-measurement gains on assets 4,530,000 (3,117,000)
Contributions by charity 518,000 615,000
Contributions by scheme participants 315,000 357,000
Benefits paid (453,000) (576,000)
Closing plan assets 27,111,000 21,694,000
2021 2020
Equities 79.7o/o 77.5o/o
Government
funds
8.3o/o 9.6o/o
Corporate funds 4.6o/o 5.1o/o
Property 3.8o/o 4.5o/o
Cash 2,0o/o 1.9o/o
Other assets 1 6o/ 1.4o/o
100o/o 100o/o
The return on plan assets was as follows:
2021 2020
f f
Interest income 507,000 601,000
Gain/(loss) on plan assets (excluding interest income) 4,530,000 (3,117,000)
Total return on plan assets 5,037,000 (2,516,000)
The principal
actuarial
assumptions used were as follows:
2021 2020
Discount rate 2 1o/ 2 3o/o
Expected rates ofsalary increases 3 85o/o 3.05o/o
Expected rates of pension increases 2.6o/o 1 8o/o
Expected rate of inflation —RPI 2.6o/o 1.8o/o
Expected rate of inflation —CPI 2.6o/o 1.8/o
2021 2020
Retiring at the balance sheet date
- Males 21.9 21.8
- Females 24.7 24.6
Retiring in 20years
- Males 22.6 22.5
- Females 25.8 25.7

Outstanding
Expenditure balances
E f
Stafflex Limited, a company controlled by a trustee
At 31March 2021 -1,757
At 31March 2020 12,069

2021 2020
Staff costs
Salaries 4,606,895 5,152,903
Wages 2,050,986 2,669,074
Teachers 607,724 508,476
Self-employed instructors 123,909 699,822
Indirect employee costs 53,429 159,178
Current year pension charge 1,123,000 1,916,000
8,565,943 11,105,453
Transport costs 17,996 424,958
Premises costs
Repairs and maintenance 493,308 582,452
Electricity 236,692 482,357
Gas 249,104 467,864
Water 68,700 178,762
Energy savings works 118,459 125,940
Other utility costs 3,035 16,543
Rent 250,575 238,524
Insurance 65,227 118,597
Water treatment 38,232 87,680
Non-recreational equipment 32,759 59,108
Rates 5,184 58,474
Other 162,122 186,612
1,723,397 2,602,913
Supplies and services
Equipment 93,103 164,949
Marketing 159,820 203,841
IT 206,875 281,629
Postage, printing and stationery 7,204 33,568
Communications 27,068 29,525
Resale items 3,643 91,189
Depreciation 466,361 463,246
Kirklees Metropolitan Council finance charges 479,307 483,142
Professiona
I
111,993 240,696
Licences 61,847 156,881
Fina ncia I 307,390 294,679
Irrecoverable
VAT
96,849 524,460
Other 58,921 62,792
2,080,381 3,030,597
Kirklees Metropolitan Council service level
agreements 223,707 256,805
Total expenditure 12,611,424 17,420,726