| Page | ||||
|---|---|---|---|---|
| Report ofthe Trustees | 1 | to | 2 | |
| Independent Examiner's |
Report | |||
| Statement ofFinancial | Activities | |||
| Balance Sheet | 5 | to | 6 | |
| Notes to the Financial Statements | 7 | to | 13 | |
| Detailed Statement ofFinancial Activities | 14 | to | 15 |
| 2023 | 2022 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| fund | funds | funds | funds | |||
| Notes | ||||||
| INCOME AND ENDOWMENTS FROM | ||||||
| Donations and legacies |
151 | |||||
| Charitable activities |
||||||
| Provision ofsports facilities | 47,031 | 47,031 | 57,406 | |||
| Other trading activities | 45 | 45 | 60 | |||
| Investment income |
9 | 9 | 40 | |||
| Other income | 9,880 | 9,880 | 8,706 | |||
| Total | 56,970 | 56,970 | 66,363 | |||
| EXPENDITURE ON | ||||||
| Charitable activities |
||||||
| Provision ofsports facilities | 72,014 | 5,613 | 77,627 | 54,908 | ||
| NET INCOME/(EXPENDITURE) | (15,044) | (5,613) | (20,657) | 11,455 | ||
| RECONCILIATION | OF FUNDS | |||||
| Total funds brought forward |
62,755 | 39,921 | 102,676 | 91,221 | ||
| TOTAL FUNDS CARRIED FORWARD | 47,711 | 34,308 | 82,019 | 102,676 |
| 2023 | 2022 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| fund | funds | funds | funds | |||
| Notes | ||||||
| FIXEDASSETS | ||||||
| Tangible assets | 10 | 60 | 33,508 | 33,568 | 39,201 | |
| CURRENT ASSETS | ||||||
| Stocks | 11 | 45 | 45 | 45 | ||
| Debtors | 12 | 5,591 | 5,591 | 4,545 | ||
| Cash at bank and in hand | 43,521 | 800 | 44,321 | 61,606 | ||
| 49,157 | 800 | 49,957 | 66,196 | |||
| CREDITORS | ||||||
| Amounts falling due within |
one year | 13 | (1,506) | (1,506) | (2,721) | |
| NET CURRENT ASSETS | 47,651 | 800 | 48,451 | 63,475 | ||
| TOTAL ASSETSLESSCURRENT | ||||||
| LIABILITIES | 47,711 | 34,308 | 82,019 | 102,676 | ||
| NET ASSETS | 47,711 | 34,308 | 82,019 | 102,676 | ||
| FUNDS | 14 | |||||
| Unrestricted funds |
47,711 | 62,755 | ||||
| Restricted funds | 34,308 | 39,921 | ||||
| TOTAL FUNDS | 82,019 | 102,676 |
| 2023 | 2022 | |||||
|---|---|---|---|---|---|---|
| Donations | 151 | |||||
| 3. | OTHER TRADING ACTIVITIES | |||||
| 2023 | 2022 | |||||
| Merchandise | 15 | 33 | ||||
| Vending machine |
30 | 27 | ||||
| 45 | 60 | |||||
| 4. | INVESTMENT | INCOME | ||||
| 2023 | 2022 | |||||
| Deposit account interest | 40 | |||||
| 5. | INCOME FROM CHARITABLE ACTIVITIES | |||||
| 2023 | 2022 | |||||
| Activity | ||||||
| Recreational fees |
Provision ofsports facilities | 24,352 | 15,561 | |||
| Gym Membership | fees | Provision ofsports facilities | 12,431 | 8,425 | ||
| Grants | Provision ofsports facilities | 10,248 | 33,420 | |||
| 47,031 | 57,406 | |||||
| Grants received, | included | in the | above, are as follows: | |||
| 2023 | 2022 | |||||
| Cornwall County |
Council | 10,248 | 3,190 | |||
| CJRS government | claims | 4,837 | ||||
| Local Restrictions Support |
Grant | 23,089 | ||||
| Cooperative Local Community |
Support Grant | 2,304 | ||||
| 10,248 | 33,420 |
| The averag | e monthly number ofem |
ployees during the year was as f |
ollows: | ||
|---|---|---|---|---|---|
| 2023 | 2022 | ||||
| Staff | 3 | 3 | |||
| No employees received emoluments |
in excess off60,000. | ||||
| COMPARATIVES FOR THE STATEMENT OF FINANCIAL | ACTIVITIES | ||||
| Unrestricted | Restricted | Total | |||
| fund | funds | funds | |||
| INCOME | AND ENDOWMENTS | FROM | |||
| Donations | and legacies | 151 | 151 | ||
| Charitable | activities | ||||
| Provision | ofsports facilities | 57,406 | 57,406 | ||
| Other trading activities | 60 | 60 | |||
| Investment | income | 40 | 40 | ||
| Other income | 8,706 | 8,706 | |||
| Total | 66,363 | 66,363 | |||
| EXPENDITURE ON | |||||
| Charitable | activities | ||||
| Provision | ofsports facilities | 49,312 | 5,596 | 54,908 | |
| NET INCOME/(EXPENDITURE) | 17,051 | (5,596) | 11,455 |
| 9. | COMPARATIVES | COMPARATIVES | FOR THE STATEMENT OF FINANCIAL | FOR THE STATEMENT OF FINANCIAL | FOR THE STATEMENT OF FINANCIAL | ACTIVITIES - continued | ACTIVITIES - continued | |
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | ||||||
| fund | funds | funds | ||||||
| RECONCILIATION | OF FUNDS | |||||||
| Total funds brought | forward | 45,704 | 45,517 | 91,221 | ||||
| TOTAL FUNDS CARRIED FORWARD | 62,755 | 39,921 | 102,676 | |||||
| 10. | TANGIBLE | FIXED | ASSETS | |||||
| Solar | ||||||||
| panel | Other | Computer | ||||||
| equipment | equipment | equipment | Totals | |||||
| COST | ||||||||
| At 1 February | 2022 | and 31 January 2023 | 111,130 | 52,803 | 861 | 164,794 | ||
| DEPRECIATION | ||||||||
| At 1 February | 2022 | 72,235 | 52,497 | 861 | 125,593 | |||
| Charge for year | 5,557 | 76 | 5,633 | |||||
| At 31 January | 2023 | 77,792 | 52,573 | 861 | 131,226 | |||
| NET BOOK | VALUE | |||||||
| At 31 January | 2023 | 33,338 | 230 | 33,568 | ||||
| At 31 January | 2022 | 38,895 | 306 | 39,201 | ||||
| 11. | STOCKS | |||||||
| 2023 | 2022 | |||||||
| Stocks | 45 | 45 | ||||||
| 12. | DEBTORS: | AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||
| 2023 | 2022 | |||||||
| Trade debtors | 1,138 | 640 | ||||||
| Other debtors | 29 | |||||||
| Prepayments | and accrued income | 4,453 | 3,876 | |||||
| 5,591 | 4,545 |
| CREDITORS | : AMOUNTS FA | LLING DUE WITHIN ONE | YEAR | ||
|---|---|---|---|---|---|
| 2023 | 2022 | ||||
| Trade creditors | 566 | 1,830 | |||
| Social security | and other taxes | 78 | 141 | ||
| Accrued expenses | 862 | 750 | |||
| 1,506 | 2,721 | ||||
| MOVEMENT | IN FUNDS | ||||
| Net | |||||
| movement | At | ||||
| At I/2/22 | in funds | 31/1/23 | |||
| Unrestricted funds |
|||||
| General fund | 62,755 | (15,044) | 47,711 | ||
| Restricted funds |
|||||
| Capital fund | 39,921 | (5,613) | 34,308 | ||
| TOTAL FUNDS | 102,676 | (20,657) | 82,019 | ||
| Net movement | in funds, included | in the above are as follows: | |||
| Incoming | Resources | Movement | |||
| resources | expended | in funds | |||
| Unrestricted funds |
|||||
| General fund | 56,970 | (72,014) | (15,044) | ||
| Restricted funds |
|||||
| Capital fund | (5,613) | (5,613) | |||
| TOTAL FUNDS | 56,970 | (77,627) | (20,657) |
| Net | ||||
|---|---|---|---|---|
| movement | At | |||
| At 1/2/21 | in funds | 31/I/22 | ||
| Unrestricted | funds | |||
| General fund | 45,704 | 17,051 | 62,755 | |
| Restricted | funds | |||
| Capital fund | 45,517 | (5,596) | 39,921 | |
| TOTAL FUNDS | 91,221 | 11,455 | 102,676 |
| Incoming | Resources | Movement | ||
|---|---|---|---|---|
| resources | expended | in funds' | ||
| Unrestricted | funds | |||
| General fund | 66,363 | (49,312) | 17,051 | |
| Restricted funds |
||||
| Capital fund | (5,596) | (5,596) | ||
| TOTAL FUNDS | 66,363 | (54,908) | 11,455 |
| Net | ||||
|---|---|---|---|---|
| movement | At | |||
| At I/2/21 | in funds | 31/1/23 | ||
| Unrestricted | funds | |||
| General fund |
45,704 | 2,007 | 47,711 | |
| Restricted | funds | |||
| Capital fund | 45,517 | (11,209) | 34,308 | |
| TOTAL FUNDS | 91,221 | (9,202) | 82,019 |
| Incoming | Resources | Movement | ||
|---|---|---|---|---|
| resources | expended | in funds | ||
| Unrestricted | funds | |||
| General fund |
123,333 | (121,326) | 2,007 | |
| Restricted | funds | |||
| Capital fund | (11,209) | (11,209) | ||
| TOTAL FUNDS | 123,333 | (132,535) | (9,202) |
| INCOME AND ENDOWMENTS | ||
|---|---|---|
| Donations and legacies |
||
| Donations | 151 | |
| Other trading activities |
||
| Merchandise | 15 | 33 |
| Vending machine | 30 | 27 |
| 45 | 60 | |
| Investment income |
||
| Deposit account interest | 40 | |
| Charitable activities |
||
| Recreational fees |
24,352 | 15,561 |
| Gym Membership fees |
12,431 | 8,425 |
| Grants | 10,248 | 33,420 |
| 47,031 | 57,4'06 | |
| Other income | ||
| Solar panel income | 9,880 | 8,706 |
| Total incoming resources |
56,970 | 66,363 |
| EXPENDITURE | ||
| Charitable activities |
||
| Wages | 34,025 | 25,807 |
| Premises costs | 14,018 | 10,598 |
| Office costs | 1,072 | 1,146 |
| Advertising | 38 | |
| Sundries | 177 | 73 |
| Vending machine and catering |
22 | 16 |
| Repairs and renewals | 14,331 | 5,677 |
| Gym inductions and instructors |
3,057 | 1,511 |
| Stafftraining | 785 | |
| Depreciation oftangible fixed assets | 5,633 | 7,055 |
| Bank charges and interest | 521 | 337 |
| 73,679 | 52,220 |
| 2023 | 2022 | ||
|---|---|---|---|
| Support costs | |||
| Governance | costs | ||
| Accountancy | and legal fees | 762 | 750 |
| Bookkeeping | 3,186 | 1,938 | |
| 3,948 | 2,688 | ||
| Total resources | expended | 77,627 | 54,908 |
| Net (expenditure)/income | (20,657) | 11,455 |