| Page | |||
|---|---|---|---|
| Report ofthe Trustees, including strategic |
report | 1-9 | |
| Reference and administrative details ofthe |
Charitable | Company, | |
| its Trustees and advisors | |||
| Structure, governance and management |
|||
| Objectives and activities | |||
| Strategic report | 3-7 | ||
| -Achievement and performance |
|||
| -Financial review |
|||
| -Plans for future periods | |||
| Trustees responsibilities | |||
| Report ofthe independent auditors |
9-11 | ||
| Consolidated Statement ofFinancial Activities |
|||
| (Incorporating an Income and Expenditure |
Account) | ||
| Consolidated Balance Sheet |
13 | ||
| Company Balance Sheet |
|||
| Consolidated Cash Flow Statement |
15 | ||
| Notes to the Consolidated Cash Flow Statement |
|||
| Notes to the Consolidated Financial Statements |
17-37 |
| CONSOLI | CONSOLI | ATED STATE ENT OF FINANCIAL |
ATED STATE ENT OF FINANCIAL |
ATED STATE ENT OF FINANCIAL |
ACTiVITIES | |||
|---|---|---|---|---|---|---|---|---|
| INCORPO | TING AN INCOME AND EXPENDITU | EACCOUNT | ||||||
| FO | THE YEAR ENDED | 31 MARCH 2022 | ||||||
| Notes | Unrestricted | Restticted | Pension | 31.3,22 | 31.3.21 | |||
| Funds | Funds | Adjustment | Total | Total | ||||
| Unrestricted | Funds | Funds | ||||||
| f | ||||||||
| INCOIIE | ||||||||
| Donations and legacies |
100 | 288,844 | 288,944 | 5,585,559 | ||||
| Income from charitable activities: |
||||||||
| Operation ofleisure, recreation |
6 | 18,703,745 | 157,054 | 18,860,?99 | 7,835,120 | |||
| sites and health activities | ||||||||
| Other funding | 6 | 623,228 | 623,228 | 1,280,346 | ||||
| 19,327,073 | 445,898 | 19,772,971 | 14,701,025 | |||||
| Income from other trading | activities; | |||||||
| Commercial trading operations |
3 | 321,473 | 321,473 | |||||
| Income from Investments: | ||||||||
| Investment income |
6,948 | 6,948 | 10,178 | |||||
| Total income | 19,655,494 | 445,898 | 20,101,392 | 14,711,203 | ||||
| EXPENDITURE | ||||||||
| Costs ofraising funds: | ||||||||
| Commercial trading operations |
3 | 288,640 | 288,640 | 4,495 | ||||
| Expenditure on charitable |
activities; | |||||||
| Operation ofleisure, recreation |
8 | 18,410,346 | 1,074,6Q3 | 69,000 | 19,553,949 | 18,643,357 | ||
| sites and health activities | ||||||||
| Totalsxpenditure | 18,698,986 | 1,Q74,603 | 69,000 | 19,842 589 | 18,647,652 | |||
| Net incomei(expenditure) | forthe | year | 956,508 | (628,705) | (69,000} | 258,803 | (3,936,649) | |
| before actuarial gains I | (losses) under | |||||||
| FRS102 | ||||||||
| Re-measurements on defined |
24 | 334,000 | 334,000 | (82,000} | ||||
| benefit schemes | ||||||||
| Net movement In funds |
956,508 | (628,705} | 265,000 | 592,803 | (4,018,649) | |||
| RECONCILIATION OF FUNDS |
27 | |||||||
| Total funds brought forward |
3,838,180 | 802,402 | (629,000) | 4,011,582 | 8,030,231 | |||
| Total funds carried forward | 4,794,688 | 173697 | ~3,64,MC | 4,604,385 | 4,011,582 | |||
| CONTINUING OPERATIONS |
||||||||
| All incoming resources and |
resources expended | arise from continuing | activities, |
| CONSOLIDATED B LANCE SHEET | CONSOLIDATED B LANCE SHEET | |||||
|---|---|---|---|---|---|---|
| 31.3.22 | 31,3,22 | 31.3.21 | 31.3,21 | |||
| Total | Total | Total | Total | |||
| Funds | Funds | Funds | Funds | |||
| Notes | ||||||
| FIXEDASSETS | ||||||
| Tangible assets | 5,209,379 | 5,859,699 | ||||
| Investments | ||||||
| 5,209,379 | 5,859,699 | |||||
| CURRENT ASSETS | ||||||
| Stocks | 17 | 114,649 | 111,964 | |||
| Debtors: amounts | falling due | 18 | 788,717 | 1,874,977 | ||
| within one year Cash at bank and |
in hand | 4,848,471 | 2,223,713 | |||
| 5,751,837 | 4,210,654 | |||||
| CREDITORS | ||||||
| Amounts falling due within one year |
19 | ~4,865,461 | 3,887,250 | |||
| NET CURRENT ASSETS | 886,376 | 323,404 | ||||
| TOTAL ASSETSLESSCURRENT | ||||||
| LIABILITIES | 6,095,755 | 6,183,103 | ||||
| CREDITORS | ||||||
| Amounts falling due after |
20 | (815,320) | (1,293,320) | |||
| more than one year | ||||||
| PROVISIONS FOR | (312,050) | (249,201) | ||||
| LIABILITIES | ||||||
| NETASSETS EXCLUDING | ||||||
| PENSION LIABILITY | 4,968,385 | 4,640,582 | ||||
| PENSION LIABILITY | (364,000) | (629,000) | ||||
| NET ASSETS | 4,604,385 | 4,011,582 | ||||
| FUNDS | ||||||
| Unrestricted funds |
4,430,688 | 3,209,180 | ||||
| Restricted funds | 173,697 | 802,402 | ||||
| TOTALFUNDS | 27 | 4,604,385 | 4,011,582 |
| MYTIME ACTIVE | Company Registered |
Number; | 04809606 | |||
|---|---|---|---|---|---|---|
| COMPANY BALANCE SHEET | ||||||
| AT 31MARCH 2022 | ||||||
| 31.3.22 | 31.3,22 | 31.3.21 | 31,3.21 | |||
| Total | Total | Total | Total | |||
| Funds | Funds | Funds | Funds | |||
| f. | ||||||
| Notes | ||||||
| FIXEDASSETS | ||||||
| Tangible assets | 15 | 5,209,379 | 5,859,699 | |||
| Investments | 16 | 1 | 1 | |||
| 5,209,380 | 5,859,700 | |||||
| CURRENT ASSETS | ||||||
| Stocks | 17 | 114,649 | 111,964 | |||
| Debtors: amounts | falling due | 18 | 820,068 | 1,911,047 | ||
| within one year | ||||||
| Cash at bank and | in hand | 4,S12,399 | 2,187640 | |||
| 5,747,116 | 4,210,651 | |||||
| CREDITORS | ||||||
| Amounts falling due within |
||||||
| one year | 4,860,741 | 3,882,756 | ||||
| NET CURRENT ASSETS | 886,375 | 327,895 | ||||
| TOTAL ASSETS | LESSCURRENT | 6,095,755 | 6,187,595 | |||
| LIABILITIES | ||||||
| CREDITORS | ||||||
| Amounts falling |
due after | 20 | (815,320) | (1,293,320) | ||
| more than one year | ||||||
| PROVISIONS FOR | 23 | (312,050) | (249,201) | |||
| LIABILITIES | ||||||
| NET ASSETS EXCLUDING | ||||||
| PENSION LIABILITY | 4,968,385 | 4,645,074 | ||||
| PENSION LIABILITY | 24 | (364,000) | (629,000) | |||
| NET ASSETS | 4,604,385 | 4,016,074 | ||||
| FUNDS | ||||||
| Unrestricted funds |
4,430,688 | 3,213,672 | ||||
| Restricted funds | 173,697 | 802,402 | ||||
| TOTAL FUNDS | 27 | 4,604,385 | 4 016,074 |
| Group | Group | Company | Company | ||||
|---|---|---|---|---|---|---|---|
| 31.3.22 | 31.3.21 | 31.3,22 | 31,3.21 | ||||
| E | F | E | |||||
| Cash flows from | operating | activities | 3,521,092 | (2,479,675) | 3,521,093 | (2,479,678) | |
| Cash flows from | investing | activities | |||||
| Purchase oftangible fixed assets | {433,282) | (164,632) | (433,2&2) | {164,632) | |||
| Disposal oftangible fixed assets | 8,000 | (10,014) | 8,000 | {10,014) | |||
| Interest income | 6,948 | 10,178 | 6,948 | 101178 | |||
| Cash used in investing activities |
(418,334) | (164,468) | (418,334) | (164,468) | |||
| Cash flows from | flnanctng | activities | |||||
| Loan repayments | in year | (478,000) | {359,239) | (478,000) | (359,239) | ||
| {Dicrease)/increase In cash In the period |
2,624,758 | (3,003,382) | 2,624,?59 | (3,003,385) | |||
| Opening cash at | bank and | in hand | 2,223 713 | 5,227,095 | 2,187,640 | 5,191,025 | |
| Closing cash at | bank and | in hand | 4,848,471 | 2223713, | , | 4,812,399 | 2,187,640 |
| Group | Group | Company | Company | |||
|---|---|---|---|---|---|---|
| 31,3.22 f |
31.3.21f | 31.3.22 | 31.3,21 f |
|||
| Net movement in funds |
258,803 | (3,936,649) | 254,309 | (3,932,154) | ||
| Depreciation charges |
S73,379 | 1,068,738 | 973,379 | 1,068,738 | ||
| Loss/(Gain) on disposal offixed assets |
102,223 | 797,628 | 102,223 | 797,628 | ||
| Movemerit in provisions |
62,849 | (69,757) | 62,849 | (69,757) | ||
| (Increase) Idecrease | in stocks | (2,685) | 110,010 | (2,685) | 82,794 | |
| (Increase) Idecrease | in debtors | 1,086,260 | (542,564) | 1,090,S81 | {540,885) | |
| (Decrease) Iincrease | in creditors | 978,211 | 218,538 | 977,985 | 239,577 | |
| Interest provision reversal |
(158,441) | {158,441) | ||||
| Netinterest cost |
13,000 | 9,000 | 13,000 | 9,000 | ||
| Difference between pension charge |
56,000 | 34,000 | 56,000 | 34,000 | ||
| and cash contributions Interest received |
~6,948 | 10,178 | 10,178 | |||
| Net cash Inflow (out | flow) from | 3,521,0S2 | (2,479,675) | 3,521,093 | (2,47S,678) | |
| operating activities |
||||||
| ANALYSIS OF CASH AND | CASH EQUIVALENTS | |||||
| Group | Group | Company | Company | |||
| 31,3.22f | 31.3,21f | 31.3.22f | 31.3.21 f |
|||
| Cashin hand | 10,064 | 24,116 | 10,064 | 24,116 | ||
| Notice deposits (less than 3months) | 4,838,407 | 2 199,597 | 4,802,335 | 2,163,524 | ||
| 4,848,471 | 2,223,713 | 4,812,399 | 2,187,640 | |||
| 3. ANALYSIS OF CHANGES |
IN NET FUNDS - GROUP | |||||
| At 1.4.21 | Cash flow | At 31.3.22 | ||||
| f | f | |||||
| Net cash | ||||||
| Cash at bank and in hand | 2,223,713 | 2,624,758 | 4,848,471 | |||
| 2,223,713 | 2,624,?58 | 4,848,471 | ||||
| Debt | ||||||
| Debts falling due within Debts falling due after |
1 year 1 year |
(418,000) ~1,293320 |
478,0DD | (478,000) ~815,320 |
||
| ~1,771,32Q | 478,0&D | ~1,293,320 | ||||
| Total | 452,393 | 3,102,758 | 3,555,151 |
| 31.3.22 | 31.3.21 | |||
|---|---|---|---|---|
| f | f | |||
| Coronavirus | job | retention | 288,844 | 5,585,559 |
| scheme | ||||
| Donations | 100 | |||
| 288,944 | 5,586,559 |
| 31.3.22 | 31.3.21 | |||||
|---|---|---|---|---|---|---|
| Operation | of | leisure, recreation | 18,860,799 | 7,835,120 | ||
| sites and | health activities | |||||
| Other funding | 195,203 | 881,741 | ||||
| Grants | 428,025 | 398,605 | ||||
| 19,484,027 | 9,115,466 | |||||
| Income | from | charitable | activities was f19,484,027(2021;f9,115,466) | of which f157,054(2021:f837,849) | was attributable | |
| to restricted | funds and fI9,326,973(2021:f8,277,617)was atti'ibutable | to unrestricted | funds. |
| Direct | Direct | Support | 31.3,22 | 31,3,21 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Costs | Staff | Costs | Total | Total | |||||
| Costs | {seenote 8) | Charitable | Charitable | ||||||
| Activities | Activities | ||||||||
| P. | F | ||||||||
| Leisure, | recreation | and | health | ||||||
| activities | 8,608,263 | ?,775,951 | 3,169,735 | 19,553,949 | 18643357, | , |
| Support cost | s, induded | in the ab | ove, are as | follows', | ||
|---|---|---|---|---|---|---|
| 31.3.22 | 31.3.21 | |||||
| Operation of |
Operation of |
|||||
| leisure, | leisure, | |||||
| recreation sites | recreation sites | |||||
| and health | and health | |||||
| activities | activities | |||||
| E | ||||||
| Ilages Premises expenses |
2,022,028 | 1,797,294 133,435 |
||||
| Motor and travel | 32,578 | 21,881 | ||||
| Overheads | 580,403 | 672,700 | ||||
| Service charges | 16,163 | 19,860 | ||||
| Legal and professional Consultants |
including | governance | costs | 23,766 269,134 |
83,323 177,158 |
|
| Depreciation Interest |
oftangible | assets | 214,376 11,287 |
211,592 ~17,4861 |
||
| 3,169,735 | 3,100,057 |
| 31.3.22 | 31.3.21 | |||
|---|---|---|---|---|
| F. | ||||
| Auditors' | remuneration | 16,275 | 15,500 | |
| Auditors' | remunera6on for non-audit |
work | 5,377 | 5,175 |
| 21,652 | 20,675 | |||
| NET (OUTGOING) RESOURCES | ||||
| Net resources are stated aner charging/(crediting): | ||||
| 31.3.22 | 31.3.21 | |||
| Auditors' | remuneration | 16,2?5 | 15,500 | |
| Auditors' | remuneration for non-audit |
work | 5,377 | 5,175 |
| Audit of | trading subsidiary |
4,720 | 4,495 | |
| Depreciation - owned assets | 973,379 | 1,068,738 | ||
| Hire ofplant and machinery | 188,034 | 101,354 | ||
| Cost of | stocks recognised as an expense | 902,567 | 383,051 | |
| Lossf (Surplus) on disposal offixed | assets | 48,987 | ~797,628 |
| 13. | STAFF COSTS | |||||
|---|---|---|---|---|---|---|
| 31,3.22 | 31.3.21 | |||||
| 6 | ||||||
| Company | ||||||
| Wages and salaries | 8,757,775 | 10,619,562 | ||||
| Social security costs | 565,106 | 651,087 | ||||
| Defined benefit pension costs | 56,000 | 34,000 | ||||
| Other pension costs | 419,098 | 362,077 | ||||
| 9,797,979 | 11,666,726 | |||||
| Subsidiary | ||||||
| Wages and salaries | 155,081 | |||||
| Social security costs | 17,385 | |||||
| 172,466 | ||||||
| 9,976,446 | 11,666,726 | |||||
| The average monthly |
number ofemployees | during the year was as follows: | ||||
| 31.3.22 | 31.3.21 | |||||
| Senior management | 5 | 5 | ||||
| Leisure, recreation | 8 | health activities | 587 | 474 | ||
| Support | 46 | 47 | ||||
| 638 | 526 | |||||
| The average monthly |
number ofemployees | during the year, expressed as full time equivalents | was as follows; | |||
| 31,3,22 | 31,3.21 | |||||
| Senior management | 5 | 5 | ||||
| Leisure, recreation | 8 | health activities | 501 | 277 | ||
| Support | 46 | 47 | ||||
| 552 | 329 |
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Shares in group | ||||||||||||
| undertakings | ||||||||||||
| MARKET VALUE | ||||||||||||
| At 1 April 2021 | and | 31 March 2022 | ||||||||||
| NET BOOK VALUE | ||||||||||||
| At 31 March 2021 and 31 March 2022 | ||||||||||||
| There were no | investment | assets outside the VK. | ||||||||||
| The company's | investments | at | the balance sheet | date in the share capital | ofcompanies | included | the following: | |||||
| Mytime Enterprises | Limited | (company number 04851004) | ||||||||||
| Nature ofbusiness; | Sale | offood and beverages | and the provision ofcatering services | |||||||||
| Class ofshare: | holding | |||||||||||
| Ordinary | 100 | |||||||||||
| 31.3,22 | 31.3.21 | |||||||||||
| f | ||||||||||||
| Aggregate capital and reserves |
1 | 1 | ||||||||||
| Profit for the year | 32,833 | |||||||||||
| 17. | STOCKS | |||||||||||
| Group 31.3,22 f |
31,3.21 f |
Company 31.3.22 f |
31.3.21 | |||||||||
| Stocks | 114,649 | 111,964 | 114,649 | 111,964 | ||||||||
| 18. | DEBTORS:AMOUNTS | FALLING DUE WITHIN | ONE YEAR | |||||||||
| Group | Company | |||||||||||
| 31.3.22 | 31.3.21 | 31.3.22 | 31.3.21 | |||||||||
| f | ||||||||||||
| Trade debtors | 94,513 | 170,930 | 94,513 | 170,930 | ||||||||
| Amounts owed |
by group | undertakings | 31,351 | 36,070 | ||||||||
| Other debtors | 27,688 | 7,240 | 27,688 | 7,240 | ||||||||
| Prepayments and accrued |
income | 666,516 | 1,696,807 | 666,516 | 1,696,807 | |||||||
| 788,717 | 1,874,977 | 820,088 | 1,911,047 |
| Group | Company | ||||
|---|---|---|---|---|---|
| 31.3,22 | 31.3.21 | 31.3.22 f |
31,3.21 | ||
| Other loans (see note 22) | 478,000 | 478,000 | 478,000 | 478,000 | |
| Trade creditors | 605,463 | 43,558 | 605,463 | 43,558 | |
| Social security and other taxes | 159,874 | 307,162 | 159,874 | 307,162 | |
| V.A.T. | 217,056 | 347,050 | 217,056 | 347,050 | |
| Other creditors | 811,723 | 419,908 | 811,723 | 419,908 | |
| Deferred income | 870,772 | 878,433 | 870,772 | 878,433 | |
| Accrued expenses | 1 ?22,573 | 1 413139 | 1,717,853 | 1,408,645 | |
| 4865461 | 3887 250 | 4,860,741 | 3,882,756 |
| Defined | benefit | ||
|---|---|---|---|
| pension | plans | ||
| 31.3.22 | 31,3.21 | ||
| F. | |||
| Present value offunded obligations | (2,588,000) | (2,717,000) | |
| Fair value ofplan assets | 2,224,000 | 2,088,000 | |
| (364,000) | (629,000) | ||
| Present value ofunfunded | obligations | ||
| Deficit | ~364,000 | ~62S,ODO | |
| Net liability | ~384,D00 | ~629,000 |
| Defined benefit | pension plans |
|||
|---|---|---|---|---|
| 31.3,22 | 31,3.21 | |||
| E | ||||
| Current service cost | 62,000 | 40,000 | ||
| Past service cost | 10,000 | |||
| Net interest cost | 13,000 | 9,000 | ||
| Administration expenses |
||||
| 85,000 | 49,000 | |||
| Actual return on plan assets |
133,000 | 427,000 | ||
| The amounts recognised |
in other comprehensive income are as follows. |
|||
| Defined | benefit | |||
| pension | plans | |||
| 31,3.22 | 31.3,21 | |||
| Actuarial (losses) / gains | E 334,DDD |
E ~82,000) |
||
| 334,000 | 82,000 | |||
| Changes In the present value ofthe |
defined benefit obligations are as follows: | |||
| Defined benefit | pension plans | |||
| 31.3.22 | 31,3,21 | |||
| E | ||||
| Defined benefit obligation | {2,717,000) | (3,094,000) | ||
| Current service cost | (62,000) | (40,000) | ||
| Past service cost | (10,000) | |||
| Contributions by scheme |
participants | (9,000) | (8,000) | |
| Interest cost | (57,000) | (47,000) | ||
| Re-measurement (losses) / gains |
245,000 | {597,000) | ||
| Benefits paid | 22,000 | 11,000 | ||
| Clearance ofEast Sussex pension | obligation due to cessation | 1,058,000 | ||
| ~2,588,000) | ~2,71?,000) | |||
| Changes in the fair value |
ofscheme | assets are as follows: | ||
| Defined benefit | pension plans |
|||
| 31.3,22 | 31.3.21 | |||
| 6 | ||||
| Fair value ofscheme assets | 2,088,000 | 2,590,000 | ||
| Contributions by employer |
16,000 | 6,000 | ||
| Contributions by scheme |
participants | 9,000 | 8,000 | |
| Interest on plan assets | 44,000 | 38,000 | ||
| Re-measurement gains |
/(losses) | 89,000 | 389,000 | |
| Benefits paid Clearance ofEast Sussex pension |
assets due to cessation | (22,000) | (11,000) ~832,000) |
|
| 2,224 000 | 2,088,MO |
| Defined | benefit | |||
|---|---|---|---|---|
| pension | plans | |||
| 31.3.22 | 31.3,21 | |||
| Equities | 57.15% | 58.14% | ||
| Bonds | 17.41% | 16.62% | ||
| Cash | 1.08% | 201% | ||
| Other | 899% | 1643 | ||
| Property Multi asset credit |
764% 6.8% 7T3%. |
|||
| 100.00% | 10000% | |||
| Principal | actuarial assumptions | at the balance sheet date: | ||
| 31.3.22 | .31 3.21 | |||
| Discount | rate | 2.55% - 2.7% | 2.0y/% | |
| Future salary increases Future pension Increases Price increases |
3.9%- 4.15% 2,9% - 3.15% 2.9% - 3.15% |
3.7%-3,8% 2,7%-2.8% 2.7-2,8% |
| The following | The following | table sets out | the sensitivity | analysis | produced by |
the actuary reporting | in respect of the Kent County Council |
|---|---|---|---|---|---|---|---|
| Pension | Fund: | ||||||
| Central | +0.1% | +0.1/ pay | 1 year | ||||
| discount rate | growth | increase in life |
|||||
| expectancy | |||||||
| E | 6 | ||||||
| Projected service cost | 14,000 | 14,000 | 14,000 | 15,000 | |||
| for next | year | ||||||
| Present | Value oftotal | 565,000 | 549,000 | 567,000 | 585,00 | ||
| obligation | |||||||
| Central | 01% | 4.1%pay | 1 year | ||||
| discount rate | growth | increase in life |
|||||
| expectancy | |||||||
| E | |||||||
| Projected service cost | 14,000 | 15,000 | 14,000 | 14,000 | |||
| for next | year | ||||||
| Present | Value oftotal | 565,000 | 581,000 | 563,000 | 545,000 | ||
| obligation |
| The following table sets |
out the | sensitivity | sensitivity | analysis | produced | by the | actuary | actuary | reporting | in | respect of the Hampshire | respect of the Hampshire | County | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Council Pension Fund: | ||||||||||||||
| Central | +0,1 | +0.1%pay | 1 year | |||||||||||
| discount, rate | growth | decrease in |
||||||||||||
| life | expectancy | |||||||||||||
| E | E | E | ||||||||||||
| Projected service cost | 43,000 | 42,000 | 43,000 | 45,000 | ||||||||||
| for next year | ||||||||||||||
| Present Value oftotal | 2,023,000 | 1,974,000 | 2,033,000 | 2,092,000 | ||||||||||
| obligation | ||||||||||||||
| Central | -0,1% | 4.1%pay | 1 year | |||||||||||
| discount rate | growth | Increase in life | ||||||||||||
| expectancy | ||||||||||||||
| E | E | E | ||||||||||||
| Projected service cost | 43,000 | 44,000 | 43,000 | 41,000 | ||||||||||
| for next year | ||||||||||||||
| Present Value oftotal | 2,023,000 | 2,072&000 | 2,013,000 | 1,956,000 | ||||||||||
| obligation | ||||||||||||||
| Defined benefit pension | plans | |||||||||||||
| Amounts for the current and last |
five | periods | are as | follows: | ||||||||||
| 31,3.22 | 31.3,21 | 31.3.20 | 31,3,19 | 31.3.18 | ||||||||||
| Defined benefit obligation | (2,588,000) | (2,717,000) | (3,0S4,000) | (3,094,000) | (3,218,000) | |||||||||
| Fair value ofscheme assets | 2,224,000 | 2,088,000 | 2,590,000 | 2,590,000 | 2,781,000 | |||||||||
| Deficit | (364,000) | (629,000) | (5o4,0oo) | (504,000) | (437,000) | |||||||||
| Experience adjustments | on scheme | |||||||||||||
| assets | ||||||||||||||
| Experience adjustments | on scheme | |||||||||||||
| liabilities |
| 26. | ANALYSIS OF NET ASSETS BETYIIEEN FUNDS | ANALYSIS OF NET ASSETS BETYIIEEN FUNDS | |||||
|---|---|---|---|---|---|---|---|
| 31,3.22 | 31.3.21 | ||||||
| Group | Unrestricted | Restricted funds | Total funds | Total funds |
|||
| fund | |||||||
| f | f | ||||||
| Fixed assets | 5,209,379 | 5,209,379 | 5.859,699 | ||||
| Current assets | 5,578,140 | 173,697 | 5,751,837 | 4.210.654 | |||
| Current liabilities |
(4,865,461) | (4,865,461) | {3,993,530) | ||||
| Long term liabilities | (815,320) | (815,320) | (1,187,040) | ||||
| Provision for liabilities Pension liability |
(312,050) ~364.000) |
(312,050) ~364,MO) |
(249,201) ~629,000) |
||||
| 4,430,688 | 173,697 | 4,604,385 | 4,011,582 | ||||
| 31.3.22 | 31,3,21 | ||||||
| Company | Unrestricted | Restricted funds | Total funds |
Total funds |
|||
| fund | |||||||
| Fixed assets | 5,209,379 | 5,209,379 | 5,859,699 | ||||
| Investments | 1 | 1 | 1 | ||||
| Current assets | 5,573,419 | 173,697 | 5,747,116 | 4,210,651 | |||
| Current liabilities | (4,860,741) | (4,&60,741) | (3,989,036) | ||||
| Long term liabilities | (815,320) | (815,320) | (1)1S7,040) | ||||
| Provision for liabilities Pension liability |
(312,050) ~364 QQD |
(312,050) ~364,000) |
(249,201) ~829,000) |
||||
| 4,430,688 | 173697', | 4,604,385 | 4Q16,074 | ||||
| Comparative information |
in respect ofthe preceding | period isas follows: | |||||
| 3'I 321 | 31,3.20 | ||||||
| Group | Urirestricted | Restricted funds | Total funds | Total funds |
|||
| fund | |||||||
| f | |||||||
| Fixed assets | 5,859,699 | 5,859,699 | 7,551,419 | ||||
| Current assets | 3,408,252 | 802,402 | 4,210,654 | 6,781,482 | |||
| Current liabilities |
(3,993,530) | (3,993,530) | (3,517,712) | ||||
| Long term liabilities | {1,187,040) | (1,1S7,040) | (1,962,000) | ||||
| Provision for liabilities Pension liability |
(249,201) ~629,000) |
(249,201) ~629,000) |
{318,958) ~504,000) |
||||
| 3,209,180 | 802,402 | 4,011,582 | 8,030,231 | ||||
| 31.3,21 | 31.3,20 | ||||||
| Company | Unrestricted | Restricted funds | Total funds |
Total funds |
|||
| fund | |||||||
| f | f | f | |||||
| Fixed assets | 5,859,699 | 5,859,699 | 7,551,419 | ||||
| Investments | 1 | 1 | 1 | ||||
| Current assets | 3,408,249 | 802,402 | 4,210,651 | 6,755,945 | |||
| Current liabilities |
(3,989,036) | (3,989,036) | (3,492,176) | ||||
| Long term liabilities | (1,187,040) | {1,187,040) | (1,962,000) | ||||
| Provision for liabilities Pension liability |
(249,201) ~629,000) |
(249,201) ~629,000) |
(318,958) ~504,0QQ) |
||||
| 3,213,672 | 8D2,402 | 4016074, | , 8,030,231 |
| Group | |||||
|---|---|---|---|---|---|
| Net movement | |||||
| At 1.4.21 | in funds | At 31.3,22 | |||
| E | E | ||||
| Unrestricted | funds | ||||
| General fund |
3209,180 | 1,221,506 | 4,43D688 | ||
| 3,209,180 | 1;221,508 | 4,430,688 | |||
| Restricted funds | |||||
| Active Lifestyles | 67,762 | 67,762 | |||
| MyFuture | 5,456 | 5,456 | |||
| Arts train | 48,753 | 29,260 | 78,013 | ||
| Healthy Ageing Programme | 26,014 | (5,404) | 20,610 | ||
| Active Bromley - CIF | (1,868) | 1,294 | (574} | ||
| Get Active | 15,069 | (12,639) | 2,430 | ||
| Coronavirus NLRF |
job retention | scheme | 641,216 | ~641,216} | |
| 802,402 | (628,705) | 173,697 | |||
| TOTALFUNDS | 4,D11,582 | 592,803 | 4,604,385 | ||
| Company | |||||
| Net movement | |||||
| At 1,4,21 | infunds | At31.3,22 | |||
| E | E | ||||
| Unrestricted | funds | ||||
| General fund | 3,213,672 | 1,217,016 | 4,430,688 | ||
| 3,213,672 | 1,217,016 | 4,430,688 | |||
| Restricted funds | |||||
| Active Lifestyies | 67,762 | 67,762 | |||
| MyFuture | 5,456 | 5,456 | |||
| Arts train | 48,753 | 29,260 | 78,013 | ||
| Healthy Ageing Programme | 26,014 | (5,404) | 20,610 | ||
| Active Bromley - CIF | (1,868) | 1,294 | (574) | ||
| Get Active | 15,069 | (12,639) | 2,430 | ||
| Coronavirus NLRF |
job retention | scheme | 641,216 | ~641,2161 | |
| 802,402 | (628,705) | 173,697 | |||
| TOTAL FUNDS | 4,016,074 | 588.311 | 4,604 385 |
| Group and Company | Group and Company | Group and Company | ||||||
|---|---|---|---|---|---|---|---|---|
| Net movement | ||||||||
| At 1.4.20 | in funds | At 31,3.21 | ||||||
| f | ||||||||
| Unrestricted | funds | |||||||
| General fund | 7880,636 | ~4671 4,56 | 3,209,180 | |||||
| 7,8&0,836 | (4,671,456) | 3,209,180 | ||||||
| Restricted funds | ||||||||
| Active l.ifestyles | 67,762 | (2,798) | 64,964 | |||||
| MyFuture | 8,609 | 18,008 | 26,617 | |||||
| Arts train | 30,389 | (4,151) | 26,238 | |||||
| Healthy Ageing | Programme | 30,165 | (3,045) | 2?,120 | ||||
| Active Bromley | - CIF | 1,177 | 3,577 | 4,754 | ||||
| Get Active | 11,493 | 11,493 | ||||||
| Coronaviru%b | retention | scheme | ||||||
| NLRF | 641,216 | 641 216 | ||||||
| 149,595 | 652,807 | 802,402 | ||||||
| TOTAL FUNDS | ||||||||
| Net movement | in funds, | included | in the above are as follows: | |||||
| Group | ||||||||
| Income | Expenditure | Gains, losses | Movement in |
|||||
| and transfers | funds | |||||||
| f | f | |||||||
| Unrestricted | funds | |||||||
| General fund | 19,655,494 | ~18,767,988) | 334,000 | 1,221,508 | ||||
| 19,655,494 | (18,767,986) | 334,000 | 1,221,508 | |||||
| Restricted funds | ||||||||
| MyFuture | ||||||||
| Arts train | 144,933 | (115,673) | 29,260 | |||||
| Healthy Ageing | Programme | (5,404) | (5,404) | |||||
| Active Bromley | - CIF | 1,445 | (151) | 1,294 | ||||
| Get Active | 10,676 | (23,315) | (12,639) | |||||
| Coronavirus NLRF |
job retention | scheme | 288,844 | (288,844) ~641,216) |
~647,216) | |||
| 445,898 | (1,074,603) | (628,705) | ||||||
| TOTAL MOVEMENT | IN | FUNDS |
| Income | Expenditure | Gains, losses | Movement in |
||||
|---|---|---|---|---|---|---|---|
| and transfers | funds | ||||||
| f | f | f | |||||
| Unrestricted | funds | ||||||
| General fund |
19,382,362 | ~18,479,346) | 334,000 | 1,217,016 | |||
| 19,362,362 | (18,479;346) | 334,000 | 1,217,016 | ||||
| Restricted funds | |||||||
| MyFuture | |||||||
| Arts train | 144,933 | (115„673) | 29,260 | ||||
| Healthy Ageing Programme | (5,404) | (5,404) | |||||
| Active Bromley - CIF | 1,445 | (151) | 1,294 | ||||
| Get Active | 10,676 | (23,315) | {12,639) | ||||
| Coronavirus NLRF |
job retention | scheme | 288,844 | {288,844) ~641,216) |
~641216) | ||
| 445,898 | (1,074,603) | (628,705) | |||||
| TOTAL MOVEMENT | IN | FUNDS | 19,80S,260 | ~79 553,949) | 334,000 | 588,3'11 |
| Income | Expenditure | Gains, tosses | Movement in |
|||
|---|---|---|---|---|---|---|
| and transfers | funds | |||||
| f | f | f | ||||
| Unrestricted General fund |
funds | 8,287,795 | ~12877251), | , ~82,000) |
~4.671,456) | |
| 8,287,795 | {12,877,251) | {82,000) | (4,671,456) | |||
| Restricted funds | ||||||
| MyFuture | (2,798) | (2,798) | ||||
| Arts train | 21,997 | (3,989) | 18,008 | |||
| Healthy Ageing Programme | (4,151) | (4,151) | ||||
| Active Bromley - CIF | (3,045) | (3,045) | ||||
| Get Active | 3,673 | {96) | 3,577 | |||
| Coronavitus NLRF |
job retention scheme | 5,585,559 812,17S |
(5,585,559) ~170,963) |
641,216 | ||
| 6,423,408 | (5,770,601) | 652,807 | ||||
| TOTAL MOVEMENT | IN FUNDS | 14,711,203 | ~18,647,852) | ~82,000) | ~4,0)S,S49) |