2021-12-31-accounts - Active Life Limited

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

		Page
Reference and Administrative Details
Chairman's Report
Report ofthe Trustees	3	to	7
Report ofthe Independent Auditors	8	to	11
Statement of Financial Activities
Balance Sheet		13
Cash Flow Statement
Notes to the Cash Flow Statement		15
Notes to the Financial Statements	16	to	29

TRUSTEES		SP Jones
		G S Knox
		C Longmire
		N EWells
		R Thomas
		R Barley
		EA Taylor (resigned			9.2.22)
REGISTERED	OFFICE	Minerva House
		5 Montague	Close
		London
		SE19BB
REGISTERED	COMPANY	04376721 (England			and Wales)
NUMBER
REGISTERED	CHARITY	1095215
NUMBER
AUDITORS		McCabe Ford Williams
		Statutory Auditors		and		Chartered	Accountants
		Bank Chambers
		1 Central Avenue
		Sittingbourne
		Kent
		ME10 4AE
BANKERS		National Westminster				Bank
		City Centre	Branch
		11The Parade
		Canterbury
		Kent
		CT1 2SQ
SOLICITORS		Winckworth	Sherwood
		Minerva House
		5 Montague	Close
		London
		SE19BB

						31.12.21	31.12.20
				Unrestricted	Restricted	Total	Total
				fund	funds	funds	funds
							as restated
			Notes		f.	E	F
INCOME AND ENDOWMENTS		FROM
Donations and legacies			2	200,439	1,176,293	1,376,732	1,306,624
Charitable activities
Charitable activities				2,183,270		2,183,270	2,056,862
Investment income				934		934	1,252
Total				2,384,643	1,176,293	3,560,936	3,364,738
EXPENDITURE ON
Charitable activities
Charitable activities				2,366,457	1,176,293	3,542,750	3,959,080
NET INCOME/(EXPENDITURE)				18,186		18,186	(594,342)
RECONCILIATION OF FUNDS
Total funds brought	forward
As previously reported Prior year adjustment			13	370,413 ~211,220)		370,413 ~211,220)	753,535
As restated				159,193		159,193	753,535
TOTAL FUNDS CARRIED FORWARD				177,379		177,379	159,193

	BALANCE SHEET 31 DECEMBER 2021
		31.12.21	31.12.20
			as restated
	Notes	E	F
FIXEDASSETS
Tangible assets	14	261,598	403,754
CURRENT ASSETS
Stocks	15	1,952
Debtors	16	23,031
Cash at bank		1,590,129	646,862
		1,615,112	646,862
CREDITORS
Amounts falling due within one year	17	(1,699,331)	(831,757)
NET CURRENT ASSETS		~84,219)	~184,895)
TOTAL ASSETS LESSCURRENT
LIABILITIES		177,379	218,859
CREDITORS
Amounts falling due after more than one	year 18		(59,666)
NET ASSETS		177,379	159,193
FUNDS	22
Unrestricted funds		177,379	159,193
TOTAL FUNDS		177,379	159,193

					CASH FLOW STATEMENT
				FOR THE	YEAR ENDED 31 DECEMBER 2021
					31.12.21	31.12.20
						as restated
				Notes
Cash flows from		operating		activities
Cash generated	from operations				1,059,822	790,790
Net cash provided		by operating activities			1,059,822	790,790
Cash flows from		investing		activities
Purchase oftangible fixed assets					(3,255)	(225,698)
Interest received Interest paid					934 ~9,786)	1,252 ~8,590)
Net cash used in		investing	activities		~12,107)	~233,036)
Cash flows from		financing		activities
Loan repayments in year Capital repayments in year					(50,000) ~54,448)	(37,500) ~38,774)
Net cash used in		financing	activities		~104,448)	~76,274)
Change in cash		and cash		equivalents
in the reporting		period			943,267	481,480
Cash and cash	equivalents			at the
beginning ofthe		reporting		period	646,862	165382
Cash and cash	equivalents			at the end
ofthe reporting		period			1,590,129	646,862

ACTIVITIES
				31.12.21	31.12.20
					as restated
				E	E
Net income/(expenditure)		for the reporting	period (as per the
Statement of Financial Activities)				18,186	(594,342)
Adjustments for:
Depreciation charges				145,411	177,215
Interest received				(934)	(1,252)
Interest paid				9,786	8,590
(Increase)/decrease	in stocks			(1,952)	27,088
(Increase)/decrease	in debtors			(23,031)	680,110
Increase in creditors				912,356	493,381
Net cash provided	by operations			1,059 822	790,790
ANALYSIS OF CHANGES		IN NET FUNDS
			At 1.1.21	Cash flow	At 31.12.21
					F
Net cash
Cash at bank			646,862	943,267	1,590,129
			646 862	943,267	1,590,129
Debt
Finance leases			(101,614)	54,448	(47,166)
Debts falling due within 1 year Debts falling due after 1 year			(50,000) ~12,500)	37,500 12,500	(12,500)
			~164,114)	104,448	~59,666)
Total			482,748	1,047,715	1,530,463

DONATIONS AND LEGAC	IES
			31.12.21	31.12.20
				as restated
	Unrestricted	Restricted	Total	Total
	funds	funds	funds	funds
	F		F	F
Donations	200,439	1,176,293	1,376,732	1,306,624

INVESTMENT	INCOME
					31.12.21	31.12.20
						as restated
			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
			E	F	E
Deposit account interest			934		934	1,252
INCOME FROM CHARITABLE ACTIVITIES
					31.12.21	31.12.20
						as restated
		Activity				E
Leisure centre	income	Charitable	activities		2,027,270	1,900,862
Management	fees	Charitable	activities		156,000	156,000
					2,183,270	2,056,862

CHARITABLE ACTIVI	TIES COSTS
		Direct	Support
		Costs (see	costs (see
		note 6)	note 7)	Totals
		F	E
Charitable activities		3,480,228	62,521	3,542,750
DIRECT COSTS OF CHARITABLE ACTIVITIES
			31.12.21	31.12.20
				as restated
			F
Staff costs			2,546,853	2,884,585
Leasing Activity costs Insurance			9,786 9,863 44,315	12,053 6,676 33,310
Post, stationery and publicity			444	14,334
Licences			33,402	65,705
Computer costs Staff costs			58,742	37,346 1,962
Purchases for resale			6,202	37,755
Legal and professional	fees		50	87,045
Property expenses Telephone			418,020 4,309	320,074 15,644
Sundry expenses Bank charges Equipment repairs and	renewals		1,912 9,867 58,145	1 9,273 52,444
Carried forward			3,201,910	3,578,207

			31.12.21	31.12.20
				as restated
			F	E
Brought forward			3,201,910	3,578,207
Training			631	7,078
Travelling			1,714	1,781
Uniforms			819	2,886
Publicity and	marketing		765
Subscriptions			6,328	1,756
Irrecoverable	VAT		92,972	75,847
Interest payable			29,679
Depreciation			145,411	202,715
			3,480,229	3,870,270
SUPPORT COSTS
			Governance
		Management	costs	Totals
			E	E
Charitable activities		57,332	5,189	62,521

					31.12.21	31.12.20
						as restated
					Charitable	Total
					activities	activities
					P	F
Rent					57,332	79,810
Auditors'	remuneration				5 189	9,000
					62,521	88,810
NET INCOME/(EXPENDITURE)
Net income/(expenditure)			is stated after	charging/(crediting):
					31.12.21	31.12.20
						as restated
					E	F
Depreciation		-owned assets			68,643	133,255
Depreciation		-assets on	hire purchase	contracts and finance leases	76,768	43,961
Hire of plant		and machinery			9,786	12,053

		31.12.21	31.12.20
			as restated
Fees payable to the charity's	auditors for the audit ofthe charity's
financial statements		5,189	9,000

		31.12.21	31.12.20
			as restated
		F
Wages	and salaries	2,268,350	2,582,224
Social	security costs	108,630	117,123
Other	pension costs	169,873	185,238
		2,548,853	2,884,585

The	average monthly number ofemployees	during the year was as follows:
		31.12.21	31.12.20
			as restated
Full	time	33	37
Part	time	251	293
		284	330

NOTES TO THE FINANCIAL STATEMENTS - continue FOR THE YEAR ENDED 31 DECEMBER 2021	NOTES TO THE FINANCIAL STATEMENTS - continue FOR THE YEAR ENDED 31 DECEMBER 2021	NOTES TO THE FINANCIAL STATEMENTS - continue FOR THE YEAR ENDED 31 DECEMBER 2021	NOTES TO THE FINANCIAL STATEMENTS - continue FOR THE YEAR ENDED 31 DECEMBER 2021	NOTES TO THE FINANCIAL STATEMENTS - continue FOR THE YEAR ENDED 31 DECEMBER 2021	d
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
				Unrestricted	Restricted	Total
				fund	funds	funds
						as restated
INCOME	AND ENDOWMENTS		FROM
Donations	and legacies				1,306,624	1,306,624
Charitable	activities
Charitable	activities			2,056,862		2,056,862
Investment	income			1,252		1,252
Total				2,058,114	1,306,624	3,364,738
EXPENDITURE ON
Charitable	activities
Charitable	activities			2,652,456	1,306,624	3,959,080
NET INCOME/(EXPENDITURE)				(594,342)		(594,342)
RECONCILIATION OF FUNDS
Total funds brought		forward		753,535		753,535
TOTAL FUNDS CARRIED FORWARD				159,193		159,193

ofthis adjus	tmen	t on the Company are as follows	:
				Prior period
				adjustment for
				annual leave
			As Previously	accrual(E)
Profit and	Loss Account 2020		stated(F)		As restated(F)
Income Expenditure			3,364,738 ~3,747,850)~211,220)		3,364,738 ~3,959,080)
Net Movement		in Funds	(383,122)	(211,220)	(594,342)
Total funds	brought forward		753,535		753,535
Total funds	carried forward		370,4'13	~211,220)	159,193
Balance sheet		as at 31 December 2020
Unrestricted	funds		370,413	(211,220)	159,193
Restricted funds
Total funds			370,413	~211,220)	159,193

TANGIBLE FIXEDASSETS
	Improvements
	to	Plant and	Computer
	property	machinery	equipment	Totals
	F			F
COST
At 1 January 2021	1,184,103	1,398,042	120,817	2,702,962
Additions		3,255		3,255
At 31 December 2021	1,184,103	1,401,297	120,817	2,706,217
DEPRECIATION
At 1 January 2021 Charge for year	1,156,290 27,813	1,022,101 117,598	120,817	2,299,208 145,411
At 31 December 2021	1,184,103	1,139,699	120,817	2,444,619
NET BOOK VALUE
At 31 December 2021		261,598	-	261,598
At 31 December 2020	27,813	375,941	-	403,754

Fixed assets, included in the above, which are held under	hire purchase contracts are as follows:
	Plant and
	machinery
	E
COST
At 1 January 2021 and
31 December 2021	460,942
DEPRECIATION
At 1 January 2021	146,715
Charge for year	76,768
At 31 December 2021	223 483
NET BOOK VALUE
At 31 December 2021	237,459
At 31 December 2020	314,227

15.	STOCKS		FO	R THE YEAR ENDED 31 DECEMBER	2021
					31.12.21	31.12.20
						as restated
					F	F
	Stocks				1,952
16.	DEBTORS:AMOUNTS		FALLING DUE WITHIN ONE YEAR
					31.12.21	31.12.20
						as restated
					E	E
	Trade debtors				10,058
	Other debtors				1,118
	Prepayments and accrued			income	11,855
					23,031
17.	CREDITORS: AMOUNTS			FALLING DUE WITHIN ONE YEAR
					31.12.21	31.12.20
						as restated
					F
	Other loans (see note	19)			12,500	50,000
	Hire purchase (see note		20)		47,166	54,448
	Trade creditors				63,690
	Amounts owed to group		undertakings		931,420	403,900
	Social security and other		taxes		33,887	108,422
	Other creditors				55,750	3,767
	Accruals and deferred	income			554,918	211,220
					1,699,331	631,757
18.	CREDITORS: AMOUNTS			FALLING DUE AFTER MORE THAN ONE YEAR
					31.12.21	31,12.20
						as restated
						E
	Other loans (see note	19)				12,500
	Hire purchase (see note		20)			47,166
						59,666

An analysis ofthe maturity of loans is given below:
	31.12.21	31.12.20
		as restated
	F	F
Amounts falling due within one year on demand: Other loans	12,500	50,000
Amounts falling between one and two years: Other loans - 1-2 years		12,500

Minimum lease	ue as follows:
	31.12.21	31.12.20
		as restated
		E
Net obligations repayable: Within one year Between one and five years	47,166	54,448 47,166
	47,166	101,614

ANALY	SIS OF NET ASSETS	BETWEEN FUNDS
				31.12.21	31.12.20
					as restated
		Unrestricted	Restricted	Total	Total
		fund	funds	funds	funds
					F
Fixed assets		261,598		261,598	403,754
Current	assets	1,615,112		1,615,112	646,862
Current liabilities Long term liabilities		(1,699,331)		(1,699,331)	(831,757) ~59,666)
		177,379		177,379	159,193

MOVEM	ENT	IN FUNDS
				Prior	Net
				year	movement	At
			At 1.1.21	adjustment	in funds	31.12.21
			E	F	E
Unrestricted		funds
General	fund		370,413	(211,220)	18,186	177,379
TOTAL	FUNDS

Net mov	emen	t in funds, in	cluded in the above a	re as follows:
				Incoming	Resources	Movement
				resources	expended	in funds
				f.	E	f.
Unrestricted		funds
General	fund			2,384,643	(2,366,457)	18,186
Restricted funds
National Leisure Recovery Coronavirus Job Retention			Fund Scheme	375,572 800,721	(375,572) ~800,721)
				1,176,293	~1,176,293)
TOTAL	FUNDS			3,560,936	~3,542,750)	18,186

Compar	atives	for movement in funds
				Net
				movement	At
			At 1.1.20	in funds	31.12.20
			F		E
Unrestricted		funds
General	fund		753,535	(594,342)	159,193
TOTAL	FUNDS		753,535	~594,342)	159,193

		Incoming	Resources	Movement
		resources	expended	in funds
		F	F	E
Unrestricted	funds
General fund		2,058,114	(2,652,456)	(594,342)
Restricted funds
Coronavirus	Job Retention Scheme	1,306,624	(1,306,624)
TOTAL FUNDS		3,364,738	~3,959,080)	~594,342)

A current yea	r 12 months	and prior year 12 months	combi	ned position is	as follows:
				Prior	Net
				year	movement	At
		At 1.1.20		adjustment	in funds	31.12.21
				E		F
Unrestricted	funds
General fund		753,535		(211,220)	(576,156)	(33,841)
TOTAL FUNDS		753,535		~211,220)	~576,156)	~33,841)
A current year 12 months		and prior year 12 months	combined net movement in funds,			included in th
above are as	follows:
				Incoming	Resources	Movement
				resources	expended	in funds
				E	F	E
Unrestricted	funds
General fund				4,442,757	(5,018,913)	(576,156)
Restricted funds
National Leisure Recovery		Fund		375,572	(375,572)
Coronavirus	Job Retention	Scheme		2,107,345	~2, 107,345)
				2,482,917	~2,482,917)
TOTAL FUNDS				6,925,674	~7,501 830)	~576,156)