2020-12-31-accounts - Active Life Limited

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			Page
Chairman's Report
Report of the Trustees			2 to 7
Report ofthe Independent		Auditors	8 to 10
Statement of Financial	Activities
Balance Sheet			12
Cash Flow Statement			13
Notes to Ihe Cash Flow Statement			14
Notes to the Financial	Statements		15to 28

			Notes	Unrestricted	Restricted	31.12.20	31.12.19
				Funds	Funds	Total	Total
						Funds	Funds
				f	f	f	f
INCOME AND ENDOWMENTS		FROM
Donatkxrs and legacies			2		1,306,624	1,306,624
Charitable activities
Operation of leisure sites			5	2,056,862		2,056,862	5,020,195
Invesiment income			3	1,252		1,252	3,786
Other income			4
Total				2,058,114	1,306,624	~3,364 738	5,023,981
EXPENDITURE ON
Charitable activities
Operation of leisure sites			6	2,403,076	1,344,784	3,747,860	3,035,350
Total				2,403,076	1,3!14,784	3,747,860	3,035,350
NET INCOME/(EXPENDITURE)				(344,962)	(38,160)	(383,122)	1,988,631
Transfers between funds			24
				(344,962)	(38,160)	(383,122)	1,988,631
Other comprehensive		income	I
(expenditure):
Remeasurement gain on defined			25
benefit scheme
Nst movemsnt In funds				(344,962)	(38,160)	(383,122)	1,988,631
RECONCILIATION OF FUNDS
TOTAL FUNDS BROUGHT	FORWARD			715,375	38,160	753,535	~1,235,096
TOTAL FUNDS CARRIED	FORWARD			370,413		370,413	753,535
Ag income and expenditure	derive from		continuing	activities.

				B LANCE	SHE TAT 31 DEC	BER 2020	BER 2020
					31.12.20	31.12.20		31.12.19	31.12.19
					Total Funds	Total Funds		Total Funds	Total Funds
					f		f	f		f
				Notes
FIXEDASSETS
Tangible assets				15		453	755		355,273
						403,755			355,273
CURRENT ASSETS
Stocks				16				27,088
Debtors: amounts		falling	due	17				680,108
within one year
Cash at bank and	in hand				7576862			165,381
					646,862			872,577
CREDITORS
Amounts falling	due	within	one	18	(620,537)			(343,703)
year
NET CURRENT ASSETS						26,325			526	814
TOTAL ASSETS	LESSCURRENT ASSETS					430,080			884,147
CREDITORS				19
Amounts faglng due more than one						(59,667)			(130,612)
year
NET ASSETS/(LIABILITIES) PENSION LIABILITY			BEFORE			370,413			753,535
PENSION LIABILITY				25
CHARITY FUNDS
Unrestricted funds Restrided funds					370,413			715,375 38,160
TOTAL CHARITY	FUNDS			24
						370,413			753,535

					CASH	FLOW STATEMENT
				FOR THE YEAR		ENDED 31 DECEMBER 2020
							31.12.20	31.12.19
						Notes	f	f
Cash flows from operating		activities:
Cash generated from operafions							790,791	$829,473)
Net cash provided	by operating		activities
							~790791	~829,473)
Cash flows from Investing		activities:
Purchase of langible	fixed assets						(225,698)	(25,675)
Sale oftangible fixed assets
Interest received Interest Paid							1,252 ~8,590)	3,786 ~9,840)
Net cash provided	(used In) Investing			activities			$233,036)	~31729)
Cash f(ows from financing		activities:
New HP agreements	in year
Loan repayments in Capfial repayments	year in year						(37,500) ~38,774)	(50,000) ~55,587)
Net cash provided	(used In) financing			acfivltles			~76,274)	~105,587)
Change In cash and cash		equivalents		In the	reporting
period							481,481	(966,789)
Cash and cash equivalents		at	the beginning		ofthe
reporting period						2	165,381	1,132,170
Cash and cash equivalents		at	the end	ofthe	reporfing
period							646,862	165,381

													31.12.20	31.12.19
													f	f
Net Income for the		reporting		period (as psr the					statement	offinancial
activities)													(383,122)	1,988,631
Ad)ustments for:
Actuarial adjustments		in rslagon			to	defined	benefit		pension scheme					(2,023,000)
Depreciahon charges													177,215	183,077
(Profit)/loss on disposal of			fixed	assets
Interest received													(1,252)	(3,786)
Interest Paid													8,590	9,840
Decrease in stock													27,088	8,690
Decrease/(increase)		in debtors											680,108	(490,481)
Increase in creditors													282,164	(502,444)
Difference between	penskm charge					and cash conkibutions
Nst cash provided	by operating				activities								790,791	~829,473
ANALYSIS OF CASH AND CASH						EQUIVALENTS
													31.12.20	31.12.19
														f
Cash in hand													646,862	165,381
Noses deposits (less		than	3months)
Overdrafls included	in bank loans				and overdrafts			falling due within one			year
Total cash and cash		equivalents											646,862	~165381
ANALYSIS OF CHANGES			IN NET DEBT
				31.12.2019					Cash Flows		Non-Cash	Changes		31.12.2020
											Nsw	Other	Non-
											Finance	Cash
Cash In hand Debt due within one year Debt due greater than one					165,381 (109,776) (130,612)				481,481 5,328 70,945		Leases	Changes		646,862 (104,448) (59,667)
year
					(75,007)				557,754					482,747

Unrestricted	Restricted	Total	Total
funds	funds	Funds	funds
2020	2020	2020	2019
f	f	6	f

	Unrestricted	Unrestricted	Re sir i dad	Total	Total
		funds	funds	Funds	funds
		2020	2020	2020	2019
		6	6	6
Operation of	leisure centres	1,900,862		1,900,862	4,864,195
Management	Fees	156,000		156,000	156,000
Grants
Total		2,056,862		2,056,862	5,020,195
6156000 (2019:Et56000)was received from Canterbury		City Council for the management		of hrisure centres.

			Unrestricted	Unrestricted	Restricted	Total	Total
				funds	funds	Funds	funds
				2020	2020	2020	2019
				6	f	8	f
Summary	by fund type
Operabon	of leisure centres		2,403,076		1,344,784	3,747,860	3,035,350
Total			2,403,076		1,344,784	3,747,860	3,035,350
			Staff	Direct	Support	Total	Total
			costs	costs	costs	funds	funds
			2020	2020	2020	2020	2019
			6	6	6	f	f
Summary Operation	by expenditure of leisure centres	type	2,673,365	140,060	934,435	3,747,860	3,035,350
Total			2~673365	140,060	934,435	~3747,860	3,035,350

Included in s	upport co	sts as stated In note 6above:
				As Restated
			31.12.20	31.12.19
			6	6
ITcosts			87,441	116,174
Finance costs			22,836	50,015
Marketing Materials			17,577	72,889
Administration			129,713	149,769
Other staff relaled costs			16,866	48,627
Faci1ifies management		costs	473,787	717,746
Depreciation			177,215	185,582
Governance	costs		9,000	8607
			934435	~1,349409

Nel income/(e	xpenditure) is stated afte	r charging/(crediting):
			31.1220	31.12.19
			f	f
Audfiors' remunerafion			9,000	8,607
Depreciation	-owned assets		133,254	134,765
Depreciation Hire ofplant	-assets on hire purchase and machinery	contracts and finance leases	43,961 1 919	48,312 7,277

STAFF COSTS
	31.12.20	31.12.19
	f	f
Wages and salaries Social security costs Other staff costs Other pension costs LGPS	2,371,004 117,505 184,856	2,999,214 161,410 38,909 264,946 ~2,023,000)
	~2,673 365	1,441,479

					31,12.20	31.12.19
					f	8
Concessionary	loans
Finance charges payable			under finance	leases	8,590	9,840
Interest on net Bank charges	defined	benefit pension		liability	9,155	~29 679
					17,745	41,724

		Notes	Unrestricted	Restrlded	Pension	31.12.19
			Funds	Funds	Ad)ustmenl	Total
					Unrestricted	Funds
					f	f
INCOME	AND ENDOWMENTS
FROM
Donations	and legacies
Charitable	activities
Operafion	of leisure sites	5	5,020,195			5,020,195
Investment	income	3	3,786			3,786
Other Income		4
Total			5,023,971			5,023,981
EXPENDITURE ON
Charitable	activities
Operation	of leisure sites	0	5,1343325	15,025	(22023,000	3 035,380
Total			5,043,325	15,025	(22023 000	3,035,350
NETINCOMEI(EXPENDITURE)			(19,344)	(15,025)	2,023,XO	1,988,631
Transfers	between funds
			(19,344)	(15,025)	2,023,000	1,988,631
Other	comprehensive	income
(expenditure):
Remeasurement gainer(losses)
on defined	benefit schemes
Net movement in funds			(19,344)	(15,025)	2,023,000	1,988,631
RECONCILIATION OF FUNDS
TOTAL FUNDS BROUGHT FORWARD			734710	53105	~t 023100	I 235,096
TOTAL FUNDS CARRIED FORWARD			715,375	38,160		753,535

TANGIBLE FIXEDAS	SETS
	Improvements	Plant and	Computer
	to properly f	machinery f	equipment f	Totals 6
COST
At 1 January 2020	1,184,103	1,172,344	120,817	2,477,264
Additions		225,698		225,698
Disposals
At 31 December 2020	~1184,103	1,398,042	120,817	2,702,962
DEPRECIATION
AI1 January 2020	1,068,453	932,722	120,817	2,121,991
Charge for year	87,837	89,379		177,215
FJiminated on disposal
At 31 December 2020	~1,156290	1,022,101	120,817	2,299,206
NET BOOK VALUE
At 31 December 2020	27,814	375,942	-	403,755
At 31 December 2019	115,650	239,623	-	~355 273
Included In the tangible	fixed assets are 5211,650of new assets acquired	under HP agreemenl.

			Plant and
			machinery	Totals
			5	6
	COST
	At 1 January 2020		249,292	249,292
	Additions		211,650	211,650
	Reclassilicalion
	Al 31 December 2020		460,942	460,942
	DEPRECIATION
	At 1 January 2020		102,754	102,754
	Charge foryear		43,961	43,961
	At 31 December 2020		146,715	146,715
	NET BOOK VALUE Al 31 December 2020		~314 227	314,227
	At 31 December 2019		146,538	146,538
16.	STOCKS
			31.12.20	31.12.19
			f	5
	Stock			27,088
		-23-

				31.12.20	31.12.19
				f	f
	Trade debtors
	Other debtors				680,108
	Prepayments and accrued income
					680,108
18.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
				31.12.20	31.12.19
				f	f
	Bank loans snd overdrafts (see	note 20)
	Other loans (see nots 20)			50,000	50,000
	Hire purchase (see note 21)			54,448	59,776
	Trade creditors				38,160
	Social security and other taxes			108,422	47,699
	VAT
	Other creditors			3,767	86,633
	Accruals and deferred income
	Amounts owed to Group undertakings			~403900	61 435
				620537	343,703
	Delegs of leasing arrangements	are provkled	in note 21.
	Deferred income
				31.12.20	31.12.19
				f	f
	De(erred income broughtfonvard Resources deferred in Ihe year				160,526
	Amounts released from previous	years			~160,526
	Deferred income carried	forward
19.	CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
				31.12.20	31.12.19
	Other loans - 1-2years Other loans - 2-5 years			f 12,500	f 50,000
	Hire purchase (see note 21)			47,166	~80612
				59,667	130,612

	An analysis ofthe maturity	An analysis ofthe maturity	of	loans is given below:	loans is given below:
							31.12.20	31.12.19
							f	f
	Amounts falling	due within	one year on demand:
	Other loans						50,000
							50,000	50,000
	Amounts falling	between one		and two years:
	Other loans -1-2 years						12,500	50,000
	Amounts falling	due between		two and five years:
	Other loans - 2-5years
21.	OBLIGATIONS	UNDER	HIRE PURCHASE CONTRACTS
	Finance leases	primargy	relate to gym equipment.
							Hire purchase	contracts
							31.12.20	31.12.19
							f	f
	Nel obligations	repayable:
	Within one year						54,448	59,776
	Between one and five years						47,166	80,612
							101,614	140,388
	Minimum lease	paymenis	under non-cancellable		operating	leases fall due as follows;
							31.12.20	31.12,19
							f	f
	Within one year
	Between one and five years
22,	CONCESSIONARY LOANS			PAYABLE
							31.12.20	31.12.19
							f	f
	Canterbury Ciiy Coundl						62,500	100,000

					31.12.20	31.12.19
			Unrestricted	Restricted	Total funds	Total funds
			fund	funds
			6	f	6	f
	Fixed assels		403,755		403,755	355,273
	Current assets		646,862		646,862	872,577
	Current liabilities		(620,537)		(620,537)	(343,703)
	Long term liabilities		(59,667)		(59,667)	(130,612)
	Pension liability
			370,413		~370 413	753,535
	ANALYSIS OF NET ASSETS BETWEEN FUNDS - COMPARISON
					31.12.19	31.12.18
			Unrestricted fund	Restricted	Total funds	Total funds
				funds
				f	f	f
	Fixed assets		355,273		355,273	512,675
	Current assets Current liabilities Long lerm llabiTities Pension liability		834,417 (343,703) (130,612)	38,160	872,577 (343,703) (130,612)	1,357,575 (843,653) (238,693) ~2,023,000
			~715375	38,160	753,535	1,235096
24.	MOVEMENT IN FUNDS
				Net movement	Transfers
			At 1.1.20	in funds	between funds	At 31.12.20
				f	E
	Unrestricted funds
	General fund Restricted funds		715,375	(344,962)		370,413
	Henry Smith Fund Active Kids 4 Life Sportivate/Canoe	Wild	4,515 22,860	(4,515) (22,860)
	Street Games Porchlight Rounder's		6,273	(6,273)
	Satellite Clubs Make Your Move		4,512	(4,512)
	Walking Football
	Netball Group
			38,160	(38,160)
	TOTAL FUNDS		~753535	~383,122)	-	370413

MOVEMENT IN F	UNDS ~ COMPARISO	N
			Net movement	Transfers
		At 1.1.19	in funds	between	funds	At 31.12.19
		f	f		f	f
Unrestricted funds
General fund		(1,288,281)	2,003,656			715,375
Restricted funds
Henry Smith Fund		4,515				4,515
Active Kids 4 Life		22,860				22,860
Sporgvate/Canoe	Wlkl	2,156	(2,156)
Street Games Porchlight		6,273				6,273
Rounder's		3,075	(3,075)
Satelkte Clubs		7,258	(2,746)			4,512
Make Your Move		4,967	(4,967)
Walking FootbaN Netball Group		1,950 131	(1,950) ~131)
		53,185	(15,025)			38,160
TOTAL FUNDS		~1,235,096)	~2,018681			753,535