DONCASTER CULTURE AND LEISURE TRUST (Company Registration Number.. 04410993) ANNUAL REPORT YEAR ENDED 31 MARCH 2022
DONCASTER CULTURE AND LEISLIRE TRUST CONTENTS Page DIrtOrS'rU5tQ0s, report Statement of tru$tg9s' responsibilitles 13 Independgnt auditovs Toport 14-16 Consolidated statgmfjnt of financial a¢tivitiès 17 Charlty statement of flnanGlal activities 18 Balance shggt 19 Consolidated Cash flow $t*gmgnt Notes to the financial staterngnts 21-39
DONCASTER CULTURE AND LEISURE TRUST DIRECTORS'rrRUSTEES' REPORT FOR THE YEAR ENDED 31 MARCH 2022 The trustees are pleased to present their report together with the financial statements of the charity for the year ending 31 March 2022. mini rativ Charity Number- 1103465 Company number: 4410993 Re8lStered offi.. The Dome Doncaster Leisure Park Bawtry Road Donraster DN4 7PD Auditor.. Hawsons Chartered Accountants Pegasus House 463A G10550p Road Sheffield SIO 2QD Bankers.. Barclay5 Bank plc 10 Pound Walk Doncaster ON4 SFU Co-operatNe Bank plc South Yorkshire Business Centre Fountain Prec4nct Balm Green Sheffield Si 2JZ legal Advisors.. Employment Law Schofield Sweeney Church Bank House Church Bank Bradford BDI 4DV Corporate and Commercial Schofield Sweenev Church Bank House Church Bank Bradford 8014DY Dlrectors and Trustees The direclor5 of the charitable company (the charity) are its trustees for the purpose of charity law and ihrou8hout thi5 repoit ale referred to as its trustees. The trustees serving during the year and since the year end were a5 follows.. Elected trvstees.. A Burden Ichairl R Byrne P Gleadhall M Gutowski M Hewitt Tjones B Roberts Doncastef Council nominee Cllr Nigel Ball The Trusts, Officers are.. Chief Executive Secretary MHart Schofield Sweeney LLP
DONCASTER CULTURE AND LEISURE TRUST DIRECTORS'trRUSTEES' REPORT FOR THE YEAR ENDED 31 MARCH 2022 Structure Governafice and Mana èment Governin¥ Dvcument Doncaster Culture and Leisure Trust IDCLn is a company limited by guarantee governed by its Memorandum and Articles of Association dated 9 January 21)02. It is registefed as a charity with the Charity Commission. As a company limited by guarantee there are no shares in which the trustee5 have an interest. Appolntment of trustees As set out in the Articles of Asso¢iation, the number of trustees shall be not le55 than seven. Both elected trustees and the Council nominated trustee are appointed to serve for a period of three years. At the expiry of his/her term of appointment each elected trustee may offer himselflherself for a further term of thfee years. The Council nominated tiustee may be replaced by the Council at any time. Prior to the Annual General Meetin& all members are advised of any existing trustee whose term of offTrce is complete and whether or not they wish to offer themselves fof another term. Their appointment for a further term is determined at the AGM. Applications from new trustees. 0$ required, are sought by public advertisement or recommendation. havin8 regaid to the most recent trustee skills audit. Through the financial year 2022-2023. recruitment based on a revised skills audit will take place to reflect the challenges 3nd changes the organisation will be facin8 as we ¢ontinue to recover from the pandemic. Nominees appointed by Doncaster Coun1 are Subject to the appointment processes of that body and the guidelines on appointment to public office as they apply to local government nominee5. Trustee indu¢iion and iraininl New trustees undergo induction iraining to brief them on their roles and re5ponsibilitie5 a5 well as their legal obligations under thaTity and cornpany law. Training also cover5 the company funding arrangements. business planning and financial performance monitoring. Durin8 the induction process they are introduced to key staff. Llpdates and refresher tiaining is organised as appropriate for existing tru5teeg. Or8ani5ation The board of trustees administers thè charity and operates a nurnber of meetings across a schedule to ensure 800d governance. The General Purposes Committee meets quarterly and keep5 under review all matters of governance and risk management and gives greater scrutiny to financial accounts and budgets. Through the year, additional meetin85 were held with the executive to maintain support and scrutiny as thè company ¢omrnenced the full reopenin8 of the company. The main Board meets quarterly and reviews company performance agait)st the annual 5trate8y. This 19 supplemented by quarterly meetings of the Trading arm and Cast. The Chief Executive and Head of Finan attend a monthly meeting With the Director of Corporate Resources from the local authority to report on performance and future planning with regard to both opportunity and risk. A Chief Executive is appoFnted by the trustees to manage the day-to-day operations of the charity. To facilitate effective operations the Chief Executive has delegated authority, within terms of delegation approved by the trustees, for all operational matters.
DONCASTER CULTURE AND LEISURE TRUST DIRECTORS.RUSTEES. REPORT FOR THE YEAR ENDEO 31 MARCH 2022 Related parties The charity works closely with Doncaster Council in developing and delNering a successful leisure and physical activity strategy for the borough and wider area. Of the company portfolio. 10 buildings operated by the Trust are owned by the Council and monies are made available by them to the charity for maintenance of the assets as well as revenue subsidy towards the pfovislon of its charitable obje¢tives. The charity has three wholly owned subsidFafies-. Doncaster Conferences Catering and Events Limited. established to operate the cateTin& events. conferences and exhibitions facilities at DCLT venue5. Busine55 development under the trading arm has seen two new venues added to the portfolio Since conception Ooncaster Performance Venue Ltd was established to operate the CAST theatre, whith opened its doors to the public in September 2013. Cast Events Ltd, established to operate the catering at DPV5 Risk Management The trustees have a risk management strategy which provide5 for a quarterly review by the Leadership Team and review of proposed change5 at board meetings. Risks are scored. and the necessary systems and procedures required to mitl8ate those risks are identified. The Leadership Team continues to develop procedures to assess risk in ¢onjunction with the General Purposes Committee, led by Trustees. The impact of the parsdemic has led to enhand rigouT of risk and the charttable Company is subject to regular review through internal challenge and the types of rssk. which the charitable company faces include.. Loss or reduttion ol local authority 5UPPOrt Decision5 to withdraw or close services due to contractual chanEe5 Los5 of key personnel that impact on the strategic direction of the organisation Staff and Board member recruitment and retentton problems Recovery of kèy funding stream5 Instability or Ios5 of key of suppliers Ob-ectbve5 and Activities DCLT is the preferred contractor by the local authority for the provision and delivery of leisure, physical activitv and culture in Doncaster. The charivs vision is to increase opportunities and participation in sporl and cultLsre to improve the lives and wellbeing of our clients and their communities. The Charity exists to manage the leisure and entertainment experience to improve the lives and wellbeing of our tlients and their communities. Principally we target ourselves with promoting the benefit of the inhabitants of Doncaster and its environs by the provision of facilities for the reueation and leisure time occupation in the inteiests of social welfare. In achievin8 our wider purpose. the charity aim5 to support people overcome the negative impacts of mental health. inequality and isolation. The charity does this through a range of projects.. Consortium lead for the Doncaster Social Isolation Alliance Consortium lead for Right Up Our Street Co-sponsor of the Doncaster Cultural Strategy The trustee5 confirm that they have referred to the guidance contained in the Chartty Commission's general guidance on public benefit when reviewing the Trusfs aims and objectives and in planning future activities. The trustees also confirm that they have complied with the duty in Sertion 4 of the Charities Act 2011.
DONCASTER CULTURE AND LEISURE TRUST DIRECTORS.RUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2022 The objectives of the chafity are: l. To promote the benefit of the inhabitants of the Metfopoliian 8orou8h of Doncaster and its environs by the provision of facilities for the re¢reation and leisure time occupation in the interest of social welfare 2. To promote and preserve good physical and mental health 3. The advancement of the ucatIon of thÈ public by the aid, e5tabli5hment, funding or sponsorship of bursaries, scholarshrps or grants to any person or person5. institution. association or corporate body for the purpose of furtherin8 the objects of the company To promote, maintain. improve and advancè public edutation by the encouragernent of the arts. including the arts of singin& musi¢, dance, drama and mime and to forrnulate, Prepare and establish schemes therefore 5. The promotion of community participation in healthy recreation by the provision of facilities for playing particular sports The stratesie5 employed to achieve the charit5 objectives are to: Offer the widest programme of activities acfOSS leisure, physical activity and culture for people of all ages who live, work, learn or visit Doncaster. Deliver a range of pricing options participation peak. off peak. concessions etc to keep pri¢es affordable and irnprove iii. Work in partnership with other agencies to tackle specific issues to ensure accessibility to our programmes and venues iv. IntrodLtce a number of rnitiatives to improve customer and other Stakeholder feedback and engagement opportunities in order to improve services. Ensure staff are well trained and motsvated to deliver a high-quality service The Tru5t5' values are.. Value our people Throu8h the year, leader5hip-Fnaintsined communication with colleagues to respond to the changes to the company. AcknowledBin8 the impact on people's mental health, fundinE was difected to secure Unmind,. a mental health 5UPPOrt portal app. This platform has provided froni line. triage support which offers peer to peer contact, a range of products and tools for respondin8 to poor mental health and wider assistance. where required to identify pathways for those m05t in need. A full review of Salaries took place in the year and this has informed pay increases for our lowest paid staff of circa 6.S% from April 2022. Open and honest in our dealin85 Direct access is available for all colleagues to the leadership team and regular briefings took place with tiers in the organisation to explain decision making and future planning. Innovative and Commèrcial The Trust continue5 to develop and adapt the companV5 venve5 and faalities to reimagine and respond to the change in customer behaviours. A full options appraisal took Pla year and identify a consolidation plan for 2022-2023. which informed the capttal investment plan for the portfolio.
DONCASTER CULTURE AND LEISURE TRUST DIRECTORS'rrRUSTEES' REPORT FOR THE YEAR ENDED 31 MARCH 2022 Customer Focused The Trust has endeavoured to maintain communitie5 at our core. Thi5 has been challenging the year, due to the conflict of stepping up service with a reduced number of venues. While provision for cohorts such as schools and clubs has been maintained at pr&pandemic levels. public access. particularly to swimming has been Compromised due to the availability of space. Enthusiasti The leadership team remains resilient to the pace and challenges facin8 the organisation. Training and development of our teams is paramount and monies have been ring fenced for strategic planning and delivery to maintain staff levels. The business strategy and associated budgets for 2021-2022. were based on assumptions of a gradual stepped up service. At the start of the financial year. the country was emerging from a third lockdown and following the 'roadmap out of lockdown.. The key Steps iderhtified in the government's plan. continued to align wlth the prevbotss yearfs strategy of opening what we can. when we can and how we can. Vaccination Clinlcs were still in place. and a twin tracking of service was delivered through until December 2021. with the13st venue,. Dearne Valley Leisure Centrè, stood down at this point. Long temi strategies stsrted in 2020-2021 continued which delNered on rebuilding infro structure, facility offerings and staff development. A prominent focus orh capital investment was approved and a major leisure investment scheme announced. This work focused on Investment that will generate additional income in the future Investrneni that will 5a¥e costs in the future Inveslment that will make the or8ani53tion more Èfficient, increase or save capacity The venues Identlfied to benefit from investment were: Askern Leisure Centre Edlin8ton Leisure Centre Thorne Leisure Centre While the organisation had redvced staff numbers during and emerging from the pandemic, the opening of venues and the increase in activities, saw active recfultrnent take place. This raised further challenges.. the industries we work in were particularly diversely affected economically and the govefnrnent roadmap Identifi the sector as one of the last to reopen. The effect bein& a shift away for people workin8 in the leisure, cultural and hospitality sectors. It is the policy of DCLT to treat all employees and job applicants fairly and equalty regardless of their sex. sexual orientatton, marital status. race. colour. nationality. ethnic or national origin. religion. age. disability, or union membeiship 5tatU5. The polity applies to recruitment and selection. terms and conditions of employrnent irtcluding pay, promotion. trainin& transfer. and every other aspect of employment. Applications for employment by disabled persons are always fully considered and in line with the Disability Symbol Commitments, DCLT will interview all applicants with a disability who meet the minimum criteria for a job vacancy and consider them on their abilitie5. OCLT will ensure therè is a mechantsm in place to discuss at any tirne, but at least once a year. with disabled employees what can be done to make sure they can develop and use their abilitie5 and will make every effort when employees become disabled to ensure they stay in employment. It is the policy of the charity that the trainin& careei rjevelopment and promotion of disabled persons should, as far as possible, be identical with that of other ernployees. The Head of Human Resources sits on the local Indusivity and Fairness Forum. and we continue to develop our equality, irbclusivity and diversity program of works. The Ethnic Culture Fusion Network. promoting shared responsibility in responding to improved representation at all levels in thè organisation.
DONCASTER CULTURE AND LEISURE TRUST DIRECTORS'fTRUSTEES' REPORT FOR THE YEAR ENDED 31 MARCH 2022 REVIEW OF TrIE YEAR 2021-2022 The Trust remained in recovery throughout the year and while financial performance was under pre pandemic Income levels. the company delivered a result under the ring-fenced underwTitin& demonstrating our ¢ommitment to return to 3 susiainable and viable leisure operator. The company plan for the year was based on the unlocking roadmap. while considering Ilex for thanges to government plans and announcements. Aligned with these steps and dales, wa5 the Stepping down of the vaccination clinics and the emerging capital program. The below summary of DCLfs approach to rebuilding and reopenin& following the third UK lockdown maintains the'open what we can. when we can. how we n. approach. Re-opening opportunities differed from the previou5 lockdowns with very clear actions outlined over the first quarter. Learning from the previous financial year. digital remained a key theme in unlocking services and improving acce55. April 2021 Phase 2 May 2021 Phase 3 June 2021- September 2021 October 2021- December 2021 Phase 4 Phase 5 January 2022- March 2022 The basis of the phases wa5 in response to the 4 steps of the government plan. The overview of this is described below.. Tlmellno | Aprll 2021 Descrfptlon Commentary From the 12 April, the followin8 venues were open-. The Dome The Lagoons The Ice Caps The Fitness Willage Dry sports Café Refre5h-T3ke away seThi Adwick Leisure Com lex Swimming Pool The Fitness Willage Outdoor Pitche5 The vaccination clinic was still in operation. preventing dry sports activity Armthor 4sure Centre Swimmin8 Pool The Fitne55 Willage Pod arrt Valle Leisure Centre Swimmin8 Pool The Fitne55 Village The vaccination clinic was still in operation. preventing dry sports activity
DONCASTER CULTURE AND LEISURE TRUST DIRECTORS,RUsTEEs. REPORT FOR THE YEAR ENDED 31 MARCH 2022 Tlmellne | Commontary April ZOZI 05sin on Leisure Cen Swimming Pool Thorne Leisvre Centre Swimming Pool The vaccination clinic wa$ Still in operation, preventtn8 fitnes5 activity Crookhill Park Golf Cours Go Take away catering Hatfield Outdoor Activ Campsite Take away catering Thè Leo ard Outdoor 5eatin8 Theold Brewhouse Outdoor sÈatinB Centre Operations While venues were open, restrictions From mid-march and thfough April. remairsed in place for much activity- the May and lune the Trusys staff who rule of 6. 2m distance foi classes and the were not furloughed were active in non-opening of chang5ng rooms were 311 delivering and 5UPPOrtin8 the froni of house ch3llen8e5 faced by Services of The Community Hub. colleagues, however the staff of the Trust once again displayed resilience and humility bn delÈvering the services. DCLT offer an online service for Doncastei residents. Online exercise classes available to residents of Doncaster. promoted via social media May 2021 Operations From May 17, . changes implemented ThFs opening of these facilitie5 were, meet people outSFde of your bubble included un-furloughing a number of and in lar8er 8roups and indoor. seated staff hospitality. Changes were made to class delivery and hospitality venues stepped up the opening hour5. June 2021- Marth zozz Operations From 21" June, all remaining rules were Thi5 phase included the re-commencin8 removed. Facilities were fully reopened to maximise on the summer holiday periods. The Trust maintained safe measure5 of operation and Worked with various cohorts. to mitigate any anxiety of customers in returning to use facilities. Initially the return of health and fitne$5 Mafketin& promottonal and engagement income was low, a large number of strategies were in place to rebuild footfall membership DDS remained frozen Private Swimming Lessons Swimming Clubs Group Exercise
DONCASTER CULTURE AND LEISURE TRUST DIRECTORS'ITRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2022 Tlffle15ne Desrylptlon Commgntary Apfll 2021 and audiences. and memberships were initially under Frorn September, Thome LÈÈsure Centre 30% of pre-covid levels. Stood down le45ure services in preparation for impenLlin8 Capital works. The vaccination clinic ran until October 2021. From October 2021. bowlin& playzones Haffield Outdoor Activity Centre was and ¢aterin8 vènues opened in Adwick A great success for DCLT when Leisure Complex, 35 the vaccinalion clinic available to reopen. There was a +47% was stood down. uplift on revenue when compared to the From January 2022. all vaccination dinics followin8 year. Further information Is ceased operation in DCLT venues. detailed below. The phased approach of openin& while challenging was ultimately successful. There were, however, business interruptions throu8h the lattèr part of 2021. with the emergen of new Covid variants svch as omicron affecting the recovery ofthe tradin8 arm, where consumer confidence was low due to mixed goveinmènt messaging. The transfer of lei5UTe facilitie5 from Doncaster Council on I" April 2011 also Included the transfer of those staff employed at the centre5. To facilitate this and protect the ernployment lerm5 and condition5 of those staff involved. DCLT became an admitted body of South Yorkshire Pension Asjthority. A further tranche of staff weie transferred from the Council in September 2013 when the CAST theatre IDoncaster Performance Ventse, charitable subsidiary of DCLTI be8an trading. The pensions Itability in relation to transferred staff amounted to £4.041.(M)O at 31" March 2022. Achiev men Performance Health & Leisure To prornote ondsupport the heolth ond vibmnt communlties thmugh physkol ond mentolheolth National Leisure Recove Fundin Doncaster was allocated circa £812k to support the recovery of the organisation. The approach we took was to allocate montes to community initiatives and thè recovery of clubs using DCLT venues andlor facilities. This was seen as exemplar within the industry in securing the future of clubs and achieving 5UStainability- Community activity was delivered in areas where a leisure venue had not re-opened. This was delivered in Conjunction wtth Well Doncaster 3nd supported by Get Doncaster Moving. Further monies were allocated to the followin8'. Digital innovation. This was a requirement of the fvnding to Provide baseline data and insight for Sport England Discounted pricing on swimming tICkS during holiday periods in community leisure venues Training programrnes for new lifeguards and up5killing of swimming in5tructor5 Health at Home Online content to promote DCLT services. The free online resource. launched dLtring the pandemic continued for Doncaster residents with over 30 activitie5 per week, which intluded a range of live classes, pre recorded act(vity and online resource to support people through the period of pandemic. This was stood down in March 2022, with a full return to venue opening. It is planned that a revised version will 80 INe in winter months. where the main audience; older people, redvce visits to leisure tentres and feel more isolated.
DONCASTER CULTURE AND LEISURE TRUST DIRECTORS'rrRUSTEES' REPORT FOR THE YEAR ENDED 31 MARCH 2022 The contract wa5 extended into 2021 and we successfully delivered the full scheme. TAS Talented Athlete Scheme Annual support for local athletes training at a profession level. Sponsorship of travel, kit and equipment and the provision of training facilitie5 Hatfield OLttdoor Activi Centre Income in the year was tirca £500k. across both the leisure and trading companies, a l(K)% increase on the previou5 year and 198% increase on pre-pandemic tncome leve15. The return on investment from the capital works of 2020, is evident wtth the aquapark and campsite 8eneratin8 65% of total sales. The reintroduction of residential bookings will see further growth in 2022-2023. TheLa Changes in public behav40ur a5 a consequence of the pandernic sUPPOrted the delivery model of sessions and online booking which we piloted in February 2020. The change5 deliver a better customer and employee experience. and the activity has generated it's hthest income levels since opening in 1989. oons ultur To promote, molntoln. Improve ond odvonce publk educotlon by the encOuragennt of the arts, Including the orts of signlngl musk, donce, dmma ond mime tolomiulote. prepore tsndestttblish scheme5 therelorv The Trust leads on a number of strand5 of work that sit outside of the core contract with the local authority and the company's role in developing the culture offer. expanded throvBh the year. Ri8ht Up Our Street IRUOSI Doncaster's Cfeative People & Places project funded by Art5 Council England delivered a number of tommunity and place making events. culminating in the DN Light Festival in November 2021. which celebrated and re5pe¢ted the year of COVID. The event was altended nationally Ond elevate(I the work of RUOS. A phase 4 application was submitted to ACE for £lmillion over a 3-year project life and was suc$$fUl, meaning the project from April 2022. re¢ekvÈs the largest grant frorn the Art5 Council in Doncaster; a true testament to the value and impact ol the project. Doncaster Creates The CEO of DCLT 15 the lead officer for the local authority and ACE fvnded project. The full program of Doncaster Remix and local projects were delivered in the year, with large scale street art, created and delivered by international artists. Nomad Clan being a high point in the year. The pioject was designed to be a catalyst for culture and has performed the role of devèloping a platform for local art15tS to emerge and be 5UStained. Envi5a8ed as a 3 year projert. Donca5te¥ Creates fundin8 will end in lune 2022 and any woik will transition to OCLT. Doncaster Cultural Strategv The Chief Executive was invited to be the co-5ponsor of the new Cultural Strate8y for the borough, with Leanne Hornsby, As51Stanl Director of Education, Skills, Culture and Herita8e. Through the year, the facilitation of number of think tanks. engagement workshops and engine room sessions has taken place and ¢trordinated with the strategy being approved in autumn 2022.
DONCASTER CULTURE AND LEISURE TRUST DIRECTORS'rrRUSTEES' REPORT FOR THE YEAR ENDED 31 MARCH 2022 Soclal Ob-ectives Tosupportnetworks In the bomugh to help Doncasterbecome the least lonelStp1ace in Englond DCLT is the lead consortium partner of Doncaster Social Isolation Alliance and wlth anchor organisations such a5 Voluntary Action DoncasEei and Age UK continued to support the third seclor throughout the year. Due to the company infrastructure, funding was committed to the Alliance and di55erninoted to organi5ations to continue to deliver foodbanks, commLtnity activity or sustain small, sole trader organisations within the voluntary sector. In addition to delivery further funding bid5 on behalf of the sector continue to take Pla and the Alliance is committed to a recovery plan for the third sectoT or8ani5alions. Partnershi Senior Officers of the company hold a range of places on 5trate8lC 8roup5 andlor Board5 to enhance both the ¢ompanWs delivery but also support local strategic goals. Detailed below are a range of partneiships that ihe Trust is represented on.. Get Doncaster Movin8 Board Member Doncaster Cultural Strategy Co-Spon50r Doncaster Town Oeal Board Board Member Expect Youth Board Member Doncaster Music Hub Board Member Sport England Local Delivery Pilot Team Member SPORTA- NE Region Partnership Member Ca ital Maintenan As owners of the buildings. Doncaster Council fund capital works needed to maintain them to a high standard. Team Doncastèr Strategy places locality services front and centre and as such the notion to protect leisure assets in comrnunities has been embraced by Don¢a5teF Council. Fundlng has been allocated for a number of long-terni projects which commenced throughout the financial year. This funding was £l.IK)O.000 for 2021122. In May 2021. the refurbishment of Armthorpe Leisure Centre concluded. The total spend acr05S the five-month project was £1.2 million and the following was deliveie(l.. Pool plant replacement Air Handling replacement Roof replacement and refurbishment Pool Hall decoration Changing room decoration Repurposed and refufbished 8ym and Studio New Food & Beverage pod Digital integration Retail area The project wa5 delivered on time and in budget hos achieved increased income and targeted saving5 on expenses. The major investment program commencÈd. with the local authority leading. Faithful and Gould were appointed as project lead to co-ordinate the development of the three venue5'. Askern Leisure Centre Edlington Leisure Centre Thorne Leisure Centre Additional funding was access and secured from the local authority and the 8ovemment decarboni5ation Scheme. which led to the wider development of this program. 10
DONCASTER CULTURE AND LEISURE TRUST DIRECTORS'rrRUSTEES' REPORT FOR THE YEAR ENDED 31 MARCH 2022 Financial Review The costs of providing our charltable activities are targeted to be in part, defrayed by monies gift-aided to U5 from the profits made by our tTadin8 subsidiary. OCCE. In 202012021. DCCE made no gift aid contribution. The charity received an underwriting from Doncaster Council to support its leisure charitable objectives in the form of a management fee. The fee for 2021122 was £2,003,359 to support revenue costs. In addition to revenue funding from Doncaster Council. DCLT also received £750,IMJ to maintain the assets. However. consequent upon the transfer of staff from Doncaster Council in April 2011, and a further transfer in September 2013. the trust incsjrred a significant pension liability with South Yorkshire Pension Fund. As at March 2022 this liability stands at £4,041.OCQ. The liability is underwritten by Doncaster Council. The council have Substantially supported the Trust irt providing additional funding to ensure the viability and going on¢errt status of the company from April 2021 through to March 2022. Doncaster Council are commilted to financially supporting DCLT group of companie5 lo ensure 5eivice5 are p¥ovided to the borough through 2022-2023. The companies are working collegiately to hopefully not draw on the full sum. however the company is within the industries most affected by COVID-19 in respect of economic output. Net incomin8 resources for the charlty for 2021122 were £88,064. This figure Teflect5 the impact of COVID-19 on our business model. The accounting adjustments required by Financial Reporting Standard 102 (FR1021 IRetirement 8enefitsl'. however, 15 for On artuarial gain on the pension fund of £1.039.&)0. To1 deficit carried forward. therefore. is £2.064,914 The total amount of incomin8 resources including Brants and donations in the year was £10,782,962. Of this, the iestricted funds of £1.645.283 were as follow5 DMBC- Asset Maint nan Maintenante tontribution for structufal and mainlenance work at the leisure ¢entres. Education Skills & Public H I h Intome £43 634 Funding for the delivery of education and skills programmes in Doncaster. Social Isolation Alliance £2 Alliance that aims to reduce social isolation and loneliness within Doncaster. Ri ht U Our Street £235 16 Consortium creating and delivering art to the people of Doncaster Doncaster Remix Arts programmes that nurture and feveal creativity in Oonca5ter. Investment Powers and Policy The tiustees, having regard to the liquidity requirements of operatin8 its facilities, and to the reserves poliw, have a policy of retaining balances in inierest bearing deposit accounts when possible.
DONCASTER CULTURE AND LEISURE TRUST DIRECTORS'miusTEES' REPORT FOR THE YEAR ENDED 31 MARCH 2022 Reserves pollcv The pension liability is underwfltten by Doncaster Council. The reseNes poltcv seeks to address remedial risk. Currently our 5trate8y has been to safeguard against reduced in¢ome (through a variety of as5e55ed risksl and increased cost5 la8ain through a variety of a5se55ed risk51. The reserves policy is as follows.. The Trust recognises a number of risks to our ability to maintain continuous high-quality leisure provision to our clients and their communities throughout the year. In order to safeguard against 10s5 of income andlor increased costs based on our assessment of these business risks. the Trust requires a level of reserves. The Trust also acknowledges a possible requirement for funding future capital expenditure outside the Council'5 responsibilities as landlord. The level of reserves needed, based on the above is equivalent to one month's turnover for OCLT land orte month's contribution for OCCEI., The actual reserves at 31 March 2022 showed a deficit of £2,064,914. Trusteès. rtsponslbilities in rèlation ta the financial statements The trustees, responsibilities in relation to the financial 51atements are Set out in the -statement of Trustees. Responsibilities- The systems of intefnal control arè dÈsi8ned to provide reasonable. but not absolute, assurance a83insI materi31 misstatement 011055. They indude= Business strategies and annual budget approved by the trustees Regular consideration by the tru5tee5 of fin3Dcial results, variance from budgets, non-financial performance Indicators and benchmarking review. Oelegation of authority and segregation of dutles Identification and management of risk5 Thè trustees have reviewed the adequacy of the chariws cuffent internal controls and are pleased to report these conform to guidelines issued by the ChaTity Commission Provlslon of Informatlon to audltors So far as each of the trustees is aware at the lime the report Trs approved.. thefe is no relevant audit information of which the companvs auditors are unaware, and the tru5tee5 have taken all Steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the auditors are aware of that information. This report was approved by the board on nd signed on its behalf. MHzrt Chief Executive 12
DONCASTER CULTURE AND LEISURE TRUST STATEMENT OF TRUSTEES. RESPONSIBILITIES The Iruslees (who are directors of Doncaster Culture and Leisure Trust for the purposes of company law) are responsible for preparing the Iruslees. annual report (including Ihe strategic report) and the financial statements in accordance with applicable law and United lthngdom Accounting Stsndard5 (United Kingdom Generally Accepted Accounting Practice). Company and charity law requires the trustees to prepare financial statements for each financial year. Under company law the trustees musl not approve the financial statements unless they are satisfied that they give a true and fair view of the slate of affairs of the group and parent charity and of the incoming resources and application of resources, including its income and expenditure. of the group and parent charity for the year. In preparing those financial statemen15 the trustees are required to= Select suitable accounting policies and then apply them consislenlly- observe the methods and principles in the Charities SORP {FRS 102).. make judgements and accounting estimates that are reasonable and prudent.. slate whether applicable UK Accounting Standards have been followed. subject to any material departures disclosed and explained in the financial statements.. prepare the financial statements on the going concern basis unles5 It is inappropriate to presume that the charity will continue in business. The Iruslees are responsible for keeping adequate accounting records Ihal are sufficient lo show and explain the charity's transactions and disclose with reasonable accuracy al any lime the financial position of the group and parent charity and enable them lo ensure that Ihe financial 5talemenls comply with regulations made under the Charities Act 2011 and regulations made under the requirements of the Companies Act 2006. They are also responsible for safeguarding the asse15 of the group and parent charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregul8rilies. 13
DONCASTER CULTURE AND LEISURE TRUST INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF DONCASTER CULTURE AND LEISURE TRUST Oplnlon We have audited the financial statements of Doncaster Culture and Leisure Trust (the "parent charitable company'l and ils subsidiaries {Ihe "group") for the year ended 31 March 2022 which comprise the Group and Parent Charity Statements of Financial Activities (including Income and Expen¢Yilure Accounts), the Group and Parent Charitable Company Balance Sheets. the Group Cash Flow Sialemenl and notes lo the financial slalemenls. including a summary of signrfinI accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards. including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland {Uniled Kingdom Generally Accepted Accounting Practice). In our opinion, the financial statements.. give a tnje and fair view of the stale of the group's and parent charitable company's affairs as at 31 March 2022 and of the group's and the parent charitable company s incoming resources and application of resources, induding the group's and the parent's income and expenditure, for the year then ended.. have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice- and have been prepared in accordance wlh the requirements of the Companies Act 2006. Basis for oplnlon We conducted our audit in accordance vAth Inlemational Standards on Auditing (UK) IISAS {UKI) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial slalements section of our report. We are independent of the company in acctsrdan with the ethical Tequiremenls that are relevant to our audit of the financial statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe thal the audit evidence we have obtained is sufficient and appropriate lo provide a basis for our opinion. Conclusions rglating to going concem We have nothing lo report in respect of the following matters in relation to which the ISAS {UK} require us to report lo you where: the trustees use of the going concem basis of accounting in the preparation of the financial statement5 15 not appropriate., or the trustees have not disdosed in the financial statements any idenlified materi81 uncertainties that may cast signrficanl doubl about the company's ability lo continue lo adopt the going concern basis of accounting for a period of al least twelve months from the date when the financial statements are aulhorised for issue. Other information The other information comprises the infomiation included in the Trustee's. other than the financial statements and our auditor's report Ihereon. The directors are responsible for the other information. Our opinion on the financial statements does not cover the other information and, except lo the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. In connection with our audit of Ihe financtal sfalements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsislenl with the financial statements or our knowledge obtained in the audit or otherwise appears lo be materially misslaled. If we Identify such material inconsistencies or apparent material misslalements, we are required lo determine whether there is a material misslatemenl in the financial statements or a material misstalemenl of the other information. If. based on the work we have performed, we conclude that there is a material misstalemenl of this other infomiation. we are required lo report that fact. We have nothing to report in this regard. 14
DONCASTER CULTURE AND LEISURE TRUST INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF DONCASTER CULTURE AND LEISURE TRUST Oplnlons on other matters prescrfbed by the Companies Act 2006 In our opinion. based on the work undertaken in the course of the audit.. the information given in the Trustees. report for the financial year for which the financial slalements are prepared is consistent with Ihe financial statements.. and the Truslees, report has been prepared in accordance Ythh applicable legal requirements. Matters on whSch we are required to report by excgption In the light of the knowledge and understanding of the ¢ompany and 115 environment obtained in the course of the audit, we have not identified material misslalements in the Trustee's report. Vve have nothing lo report in respect of the following matters in relation lo which the Companies Act 2006 requires us to report lo you rf, in our opinion- adequate accounting records have not been kept. or returns adequale for our audit have not been received from branches not visited by us- or the financial statements are not in agreement with the accounting records and return5- or certain disclosures of directors, remuneration specrfied by law are not made., or we have not received all the information and explanations we require for our audit Responsiblllties of dlrectors As explained more fully in the Iruslees re5ponsibililies slalemenl sel ovl on page 16. the Iru51ees Iwho are also directors of the charitable company for the purposes of company lawl are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view. and for such internal control as the Iruslees delermine is necessary to enable the preparation of financial slalemenls thal are free from material misstslement, whether due lo fraud or error. In preparing the financial slalements. the Iruslees are responsible for assessing the group's and parent charitable company's ability lo continue as a going concem, disclosing, as applicable. matters related lo going concern and using the going concem basis of accounting unless the Iruslees either intend lo liquidate the company Of lo cease operations, or have no realistic allernalive bul lo do so. Audltofs responslbllltSes for the audlt of the Ilnancial statements We have been appointed auditor under the Companies Act 2006 and report in accordance with this Act. Our objectives are lo obtain reasonable assurance about whether the financial slalements as a whole are free from material misslatemenl, whether due to fraud or error. and lo issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance. but is not a guarantee that an audit conducted in accordance with ISAS {UKI wll always detect a material misslatemenl when it exists. Misslatemenls can arise from fraud or error and are considered material rf. individually or in the aggregate, they could reasonably be expected lo influence the economic decisions of users taken on Ihe basis of these finan¢ial slalemenls. A further description of our respon5ibilitie5 for the audit of the financial statements is located on the Financial Reporting Council's websrte al.. www.fr .or klaudilorsres This description forms part of our auditor's report. 15
DONCASTER CULTURE AND LEISURE TRUST INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF DONCASTER CULTURE AND LEISURE TRUST Use of our report This report is made solely lo the charttable company's members. as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state lo the charitable company s members those matters we are required lo slate to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charilable company's members as a body, for our audit work, for this report, or for the opinions we have formed. Craig Burton (Senior Slatulory Auditor) For and on behalf of Hawsons Chartered Accountants, Slatulory Auditor eld. UK 2022 Hawsons is eligible to ad as an auditor in terms of seclH)n 1212 of the Companies Act 2006. 16
DONCASTER CULTURE AND LEISURE TRUST GROUP STATEMENT OF FINANCIAL ACTIVITIES (Including Income and Expènditure Account) FOR THE YEAR ENDED 31 MARCH 2022 Unrestricted Funds Re5trlcted Total Fund¥ Funds 2022 Total Funds 2021 INCOMING RESOURCES Note Incomlng resources from generated funds.. Voluntary income Grants and donations 307.560 1.645.283 1.952,843 5,562.880 Activities for generating funds Commercial trading operations Investment income 4.460.779 4.460,779 1,792.796 4.768.339 1.645.283 6.413.622 7.355.676 Incomlng resources from charltable activltles: Operation of leisure facilities Support from local authority 7.002,190 2.003.359 244.854 7.247,044 2.003,359 2.765,760 4.396,715 TOTAL INCOMING RESOURCES 13.773.888 1.890.137 15.664.025 14.518.151 RESOURCES EXPENOED Costs of gen8ratlng funds: Commercial trading operations 2.432.118 2,432,118 631,533 Charitable activltle$ Operation of leisure facilities 11.128.381 1.706.562 12,834,943 11,186,188 Taxation (6.338) (6,3381 15,1841 TOTAL RESOURCES EXPENDED 13,554,161 1.706.562 15,260,723 11,812,537 MOVEMENT IN TOTAL FUNDS FOR THE YEAR Nel incoming resources 219,727 183.575 403.302 2,705.614 Pension scheme actuarial gainsl{1055es) 1,039,000 1.039.000 {866,0001 TOTAL (DEFICIT)IFUNDS BROUGHT FORWARD (4.937.375) 2.746.889 (2.190.486) 14.030.100) TOTAL (DEFICIT)IFUNDS CARRIED FORWARD (3.678.648) 2.930.464 1748.1841 12.190.486) The stslemenl of financial aclwities includes all gains and losses recognised in the year. All incoming resources and resoufces expended derive from continuing aclivilies. The notes on pages 2110 39 form part of these financial statements. 17
DONCASTER CULTURE AND LEISURE TRUST CHARiff STATEMENT OF FINANCIAL ACTIVITIES (Including Income and Expenditure Account) FOR THE YEAR ENDED 31 MARCH 2022 Unrestrfcted Funds Restrlcted Total Funds Funds 2022 Total Funds 2021 INCOMING RESOURCES Note Incomlng resources from generated funds: Voluntary Income Gift aid Grants and donations 120.130 1.645.283 1.765.413 5.173.618 120.130 1.645.283 1.765.413 5.173.618 Incoming resources from charitable actlvltles: Operation of leisure facilities SLtpport from local authority 7,014.190 2,003.359 7.014.190 2,003.359 2,391.928 4,396,715 TOTAL INCOMING RESOURCES 9,137.679 1.645.283 10.782.962 11,962,261 RESOURCES EXPENDEO Charitable actlvities Operation of leisure facilities 9.407.959 1.286.939 10.694.898 9.866.389 TOTAL RESOURCES EXPENDED 9.407.959 1.286.939 10.694.898 9,866,389 MOVEMENT IN TOTAL FUNDS FOR THE YEAR Nel incoming re$our¢es 1270,280) 358.344 88,064 2,095,872 Pension actuarial gainslllosses) 23 1,039,000 1,039,000 (866,000) TOTAL IDEFICIryFUNDS BROUGHT FORWARD (5.568.281) 2,376.303 {3.191.9781 (4,421,850) TOTAL IDEFICIT)IFUNDS CARRIED FORWARD (4.799,561) 2.734.647 (2.064.914) (3.191.978) The slalemenl of financial activities includes all gains and losses recognised in the year. All incoming resources and resources expended derive from continuing activities. The notes on pages 21 to 39 fomi part of these financial slalements. 18
DONCASTER CULTURE ANO LEISURE TRUST REGISTERED NUMBER.. 4410993 BALANCE SHEETS AS AT 31 MARCH 2022 Group Charlty 2022 2021 2022 2021 Note FIXED ASSETS Tangible 12 3,893,309 3,704.865 3,774,528 3,562,386 3.893.309 3,704,865 3,774.528 3,562,386 CURRENT ASSETS Stocks Debtors Cash at bank and in hand 14 15 115,611 1.063,539 2,264,749 23,133 1,087,803 2,770.379 917,193 251,942 916,186 1,403,464 3.443,899 3,881,315 1,169.135 2,319,650 CREDITORS.. amounts falllng due wlthln one year 16 {2.737,7251 13,228.331) {1,660,910} 12,525,679) NET CURRENT ASSETSI{LIABILITIES) 706,174 652,984 (491.775) 1206.029) TOTAL ASSETS LESS CURRENT LIABILITIES 4.599.483 4.357.849 3.282.753 3.356.357 CREDITORS: Amounts falling due after more than one year Pension liability 17 22 (1.306,6671 (1.493,335) 11,306,667) (1.493,3351 14.041.0001 (5.055.000) 14,041.000) (5.055,0001 NET LIABILITIES (748.184) (2.19).486) 12,064,914) (3.191,9781 FUNDS Reslricled Unrestricted: Other charitable funds Non-charilable trading funds 19120 2.930.464 20 2.746.889 2.734.647 2.376.303 13,678.648) (4.937.375) 14,799.561) (5.568.281) {748,184) (2.1 .486) 12,064,914) {3.191.9781 The Financ behalf on Statements were approved and authorised for issue by the Board and were signed on ils .2022 A Burden Director The notes on pages 2110 39 fonn part of these finanual statements. 19
DONCASTER CULTURE AND LEISURE TRUST CONSOLIDATED CASH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2022 2022 2021 Cash flowy from operatlng actlvitles: Net Cash provided {used in) opgrating activities 245.968 2.846.109 Cash flows from investing activities: Purchase of property. plant and equipment Disposal of property, planl and eqvipmenl Net cash provided by (used in) investlng actlvltles (564.930) {1,325.2081 (564.930) 1.520,901 Cash flows frorn financial actSVities: Repayment of loans Repayment of hire PUTchase Interest paid Net cash provlded by {usgd in) fjnancing aGtivitios (186.6681 1186,666) (186,6681 1186.6661 Change In cash and cash equivalents in th& re ortin eriod Cash and cash equivalgnts at tho bgginning of the re ortin eriod Cash and cash equivalents at the ond of the ortin eriod (505,6301 1,334.235 2,770.379 1,436,144 2.264.749 2.770.379 Reconclliatlon of net in¢omg1{exponditure) to net cash flow from operatlng activltles Net incomellexpenditurel for the reporting perKd (a5 per the statement of financial activities) Adjustments for: Depreciation charge Ilncreasel l Decrease in stocks Decrease in debtors 403.302 2.705,614 376,486 (92.478) 24.264 {490,605) {183.000) 277.468 33,390 716.965 (930,3281 (218.0001 IDecrea$el in Creditors Employer contributions lo defined benefrt pension scheme Defined benefrt pension scheme operating expenditure 208,000 281.000 NET CASH PROVIDED (USED INI OPERATING ACTIVITIES 245,968 2.846.109 20
DONCASTER CULTURE AND LEISURE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDEO 31 MARCH 2022 Icontlnued) 1. ACCOUNTING POLICIES Basis of Proparatlon of Flnanclal Statements The financial statements have been prepared in accordance with the accounting policies sel out in the notes lo the accounts and comply wilh the charity's governing document, the Charities Act 2011 and Accounting and Reporting by Charities: Slalemenl of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland second edition published in October 2019. The Trustees are reviewing various means of income generation. including support from the local aulhoriiy, an¢Y expect these will provide adequate resour for the charity to enable delivery of ils business plan. The Tru51ees are confidenl that the charity's cash flows, projections and forecasts for Ihe next tsvelve months will be achieved, despite the temporary restrictions imposed as a resull of the COVID-19 par)demic. and in these circumstances consider il appropriate that the charity's financial statements be prepared or* a going concern basis. The charity meets the definition of a public benefft entity under FRS 102. The Trustees are aware of the insolvenl group and charity balance sheet positions al the year end. This is principally due to the pension liability wilhoul which the group would be solvent. The pension liability is not repayable in the next 1ve months and Ihe board are aware of the commitment of DMBC in this regard as more fully explained in Note 3. In view of the circumstances oullined above the trustees consider il appropriate lo prepare the accounts on the going concern basis. as they consider that the group can continue as a 90ing concern for the foreseeable future. The financial statements are presented in sterling which is the functional currency of the charity and rounded to the nearest £1. The significant accounting polictes applied in the preparation of these financial statements are set out below. These policies have been consistenlly applied lo all years presented unless otherwise ststed. 1.2 Group Financial Statements The financial slalemenls consolidate the results of the charity and ils wholly owned subsidiaries. Doncaster Conferences Catering and Events Limited. Doncaster Perfomiance Venue Limited and Ca51 Events Limited on a line by line basis. 1.3 Incoming ResourGg3 Voluntary incoffle including donations and grants that provide funding are recognised where there is enlidement. certainty of receipt and the amount can be measured with sufficient reliability. Such income is only deferred when.. The donor 5pecrf that the grant or donation must only be used in future accounting periods.. or The donor has imposed condttions musl be mel before the charity has unconditional entitlement. Income from commercial trading activities is recognised as eamed when the related goods and services are provided. Investment income is recognised on a receNable basis.
DONCASTER CULTURE AND LEISURE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 (Continued) 1. ACCOUNTING POLICIES {contlnued) 1.3 InGorning Resources lcontlnuedl Income is deferred when advance ticket sates are received in advance of the events to which they relate. or revenues received for annual memberships to be recognised over the period. 1.4 Resources Expended Expenditure is recognised when a liability is incurred. Contractual aTrangements and perfomiance related grants are recognised as goods or servi5 are supplied. Costs of generating funds are those costs inc#Jrred in attracting voluntary income and those incurred in trading activities that raise funds. Charitable activities indude expenditure associated with the fitness and health actsvities and include both the direct costs and support costs relating lo these activities. Govemance costs indude those incurred in the g)vemance of the charity and ils assets and are primarily as50cioled wtth constitutional and statutory requirements. Support costs indude central functions and have been allocated lo activity cost categories on a basis consislenl wilh the use of resources. eg stsff costs by the lime spent and other costs by their usage. 1.5 Irrecoverable VAT The charity's income is partially exempl for VAT purposes and as such il cannot reclaim all input VAT on goods and services received. There is a charge in the Statement of Financial Activities for the year ended 31 March 2022 of £438.110 (2021: £92.8151 relating lo non-recoverable VAT. 1.6 Oporatlng Leases Rentals payable under operating leases are charged on a slraighl line basis over the period of the lease. 1.7 Pension Defined benefit scheme With effect from 1 April 2011 the company joined and participates in the benefits of the South Yorkshire Pension Fufid. The company has accounted for pensions and similar benefits under FRS102. The operating and financing costs of defined benefit plans are recognised separately in the statement of financial activities,. service costs are syslemalically spread over the service lives of employees. and financing costs are recognised in the peri¢)Js in which they arise. Variations from expected costs, arising from the experience of the plans or changes in aclvarial assumptions, are recogllised ifflmediately in the slalement of financial activities. The costs of individual events such as past service benefil enhancements. settlements and curtailments are recognised immediately in statement of financial aclivilies. The liabilities and, where applicable, the assets of defined benefit plans are recognised at fair value in the balance sheet. The company also contributes to "Group Personal Pension Plans" providing benefits for employees additional to those from the Stale. The schemes are unil linked money purchase arrangements with both an employer and employee ntribUtIon for each member. 22
DONCASTER CULTURE AND LEISURE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 (Continuod) ACCOUNTING POLICIES {¢ontinugdl 1.8 Tangible Fixed Assgts The company has no'de minimis" in respect of capitalising fixed assels. Tangible fixed assets are staled at cost less depreciation or in the case where assets are at fair value, cost has been approximated 8t the present value of the minimum lease payments. Where assets are acquired at fair value. cost has been approximated al the present value of minimum lease payments. Depreciation is provided to WTile off the cost of fixed assets. less their eslimated residual values, over their expected useful live5 on the followng basis.. Facilities improvements Computers Motor vehicles Plant and machinery Fixtures. fittings and office equipment straight line over 20 years straight line over 5 years straight line over 5 years straight lille over 5 years straight line over 5- 20 years 1.9 Lgasing and Hire Purchasè Assets obtained under hire purchase contracts and finanee leases are capitalised as tangible fixed assets. Assets acquired by hire purchase are depreciated over their useful lives. Obligations under such agreements are in creditors net of the finance charge allocated lo future periods. The finance element of Ihe rental payment is charged lo Ihe profil and loss account on a straight line basis. 1.10 Stocks Stocks have been valued at the lower of cosl and net realisable value. 1.11 Funds Structure The Trust has restricted funds lo account for situations where a donor requires that donations musl be spent on a partiwlar purpose or when funds have been raised for a specific purpose. All funds that are not restricted are unrestricted income funds. 1.12 Flnanclal Instruments The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable. loans from banks and other third parties, loans lo related parties and investments in non-puttable ordinary shares. Financial assels Ihal are measured at cost and amortised cost are assessed al the end of each reporting period for objective evidence of impaimient. If objective evidence of impairment is found. an impairment loss is recognised in the Statement of Comprehensive Income. For financial assets measured at amortised cost. the impaimient loss is measured as the drfference between an asset's carrying amount and the present value of estimated cash flows discounted al the as5el's origin81 effective interest rate. If a financial asset has a variable interest rate. the discount rate for measuring any impairment loss is the current effective interest rale determined under the contract. 23
DONCASTER CULTURE AND LEISURE TrUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 (Continued) ACCOUNTING POLICIES (continued) For financial assets measured at cost less impairment, the impaimienl loss is measured as the drfference beiween an assefs carying amount and best estimate of the recoverable amount. which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the reporting date. Financial assets and liabilitEs are offset and the net amount Teported in the Statement of Financial Position when there is an enforceable right lo set off the recognised amounts and there is an intention lo settte on a nel basis or to realise the asset and settle the liability simultaneously. 1.13 Kgy judgements and sources of estlmation Tangible fixed assets are depreciated over their useful lives taking into account residual values, where appropriate. The actual lives of the assets and residLtal values are assessed annually 8nd may vary depending on the number of factors. 1.14 Glft aid income Taxable profits transferred from subsidiaries are recognised as income when the subsidiary has made an irrevocable commFtment to the charity lo pay tradeable prof. During the year the charity has received taxable profrts from subsidiari65 of £255.638 {2021'. £ni51. No further gift aid distribution to the parent charity has been approved in respect of the year ended 31 March 2022. 2. LEGAL STATUS OF THE TRUST The Trust is a private company limited by guarantee incorporated in England and Wales which has no share capitsl. The liabilty of each member in the event of a winding up is limited to £1. 3. RELATED PARTY TRANSACTIONS The charity is partly funded via a mana9emenl fee from Doncaster Melropolilan 8orough Council IDMBCI and by virtue (rf this indirect control DMBC is deemed by the trustees lo be a related party. The following additional transactions and balances occurred with OMBC during the year.. Group Charity 2022 2021 2022 2021 Management fee (Concession agreement) 1.953,530 Funding for Maintenan expenditure 737,195 Balance due (within deblorsl 221,929 Balance payable {wilhin Cfeditofs) Borrowings payable 4,396,715 1.517,882 50,737 121,318 1.680.001 1.953.530 737.195 221.929 101 1.493,333 4,396,71 S 1,517,882 50,737 121,318 1,680.001 1.493.333 DMBC has agreed to un¢Yerwrile the liability of the tharity in reSkl of the charity's participation in the Local Government Pension Scheme and accordingly indemnrfy the South Yorkshire Pension Authority against losses to Ihe South Yorkshire Pension Fund in the event Ihat the charity is unable to meet such liabilities. 24
DONCASTER CULTURE AND LEISURE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 (Continued) 4. FUNDRAISING TRADING FROM THE TRADING ACTIVITIES OF SUBSIDIARIES 4.1 Doncaster Conferonce C•t¥ring and Evonts Limlt¢d Commercial activities at the culiure and leisure faulities a concluded through the charity's wholly owned trading subsidiary. Doncaster Conference Catering and Events Limitsd 104373252}. The company was incorporated on 13 February 2002 in the UK and has an issued share capilal of ordinary shares ol £1. The subsidiary gifts its taxable profits to Doncaster Cullure and Leisure Trust. Audited accounts are filed with the Regislrai of Companies. A sumffl8ry of trading results is shown below. 2022 2021 SUMMARY PROFIT AND LOSS ACCOUNT Turnover Cost of sales 2,568.482 {1.335.2061 733.950 1260,283) G¥oss Profil Administrative expenses Other operating income Charitable distribution Cofporatton tax payable 1.233,276 1961,256) 4Y3,667 1372.1321 Movement in retained Iloss} I profit 272,020 101.535 4.2 Doncaster Pèrformance Venuo Limited Doncaster Performance Venue Limiled (079801601 (11484321 provides Pfoduction, presentation and management of artistic and cultUT81 evenls and activilies. The charity is a private Charitable company limited by guaraniee incorporated in England and Wales and ha5 no share capital. Audited accosjnls are filed with the Registrar of Companies and the Charity Commission. A Summary ol trading fesulis is Shown below. 2022 2021 SUMMARY PROFIT AND LOSS ACCOUP Incoming $OUrceS Expenditure 61.510 24.624 Nel incoming resources 61,510 24.624 Nel movement in funds 61,510 24.624 Incoming resoufces relate lo room hire and other income. as such is it impracticable lo separate the expenditure relating to thi5 from the expenditure relating to Ihe main trade. 25
DONCASTER CULTURE AND LEISURE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 (Contlnued) 4.3 Cast Ertts Limited Commefcial relating to productson, presentstion and management of artistic and cultural events and activities al the culture and leisure facilities a con¢lLKled Ihrough ihe charity's wholly owned trading subsidiary. Cast Events Limited {093693941. The company was incorporated on 30 December 2014 in the UK and has an issued share capital of one ordinary share of £1. The subsidiary gifts 115 tsxable Profits lo t)oncaster Performance Venue Limited. Audited accounts ale filed with the Registrar of Companies. A summ8ry of trading results is shown below. 2022 2021 SUMMARY PROFIT AND LOSS ACCOUNT Tumover Cost of sales 163,132 1135,173) (1.3061 {6.2221 Gross Ilossvproffil Adminislralive expenses Charitable distribution Corpowation tax pay8ble 27,959 112,483) 17.528) 14.8961 120,9691 Movement in retained Ilossl I profil 15,476 133,393) 26
DONCASTER CULTURE AND LEISURE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 {Continued) 5. GRANTS AND DONATIONS Total 2022 Total 2021 Unrestrlct RtrIcted Job retention Scheme iome L)oncasler Metropolitan Borough Council DMBC Hub Fund 120.130 120.130 2,008,011 1.000.000 1.OLKS.000 1,600,000 25,000 Knowledge & $kills Sl Wilfrid'5 Academy Adult Family Community Leaming DMBC-Staycation Rossinglon P8rish Council RNN Deame Valley College Delta Academies Tntrsl Sl Wilfrid'5 Academy Trinity Academy Education Skills Funding Agency Expect Youth 15.300 12.500 15,300 12.500 42.000 16.950 6.612 9.000 37,366 21,44S 975 26,448 7.113 3,000 4.890 4,890 10.944 10,944 Social Isolation Alliance SYCF DMBC DMBC Food bank DMBC VCFS Grant Digital Exclusion Emergency Winter Fun Winter Fund- Higher Rhythm 25,000 156.000 30,000 320,000 5,000 34,000 34,000 105.000 105,000 50.000 100.000 100.000 Right up our Str¢et Arts Council Loneliness Fund Arts Council DMBC Match Funding Darts Ace Funds 3,100 198.000 30.000 4,069 3,100 198.000 30.000 4.069 27,900 148,000 30.000 72,823 154,000 Doncaster CTeate5 Arts Council Doncastef Remix DMBC Ooncasler Creates Arts DOnster Remix 35.980 4.000 37,500 35,980 4.000 37.500 45,975 300,000 55,000 Charity 120.130 1,645,283 1.765.413 5,173.618 Doncaster Performance Venue Limited 187.430 187.430 389,262 Group 307,S60 1,645,283 1,952.843 5,562.880 27
DONCASTER CULTURE AND LEISURE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 (Continued) 6. INVESTMENT INCOME 2022 2021 Bank interest Bank interest includes £Nil12021.. £Nill for the t¥)mpany alone. 7. INCOMING RESOURCES FROM CHARITABLE ACTIVITIES The income was entirely from the OpetiOn of the charilable activiiies al the culture and leisure complexes listed in the Trustees pOrt. Total 2022 Total 2021 UnT•$trithd Rostricted Operation of leisure facilities 7.014.190 7.014.190 2.391.928 Charity 7.014.190 7.014.1911 2.391,928 Operation of theatre facAlities 244.854 244.854 385.832 Eliminated on Con501idation 112.0001 112.0001 (12.0001 Group 7.002.19ts 244.854 7.247.044 2.765.760 8. ALLOCATION OF SUPPORT The IrLssI allocates 115 SUPPOrt costs as shown in the table below. Support Costs are allcraled on a ba515 consistent wth the use of resources. Culture & Leisure Facilities Total 2022 Total 2021 Governanc• Depreciation Office salaries Insurance Professional charges Office Expenses Computer cosls 24.384 173,807 27,447 41.598 1.283 43.452 25,667 217.259 27,447 41.598 33,581 520,515 22,432 43,122 39,191 274,846 28S.562 71.391 356.953 Charlty 552.798 116.126 668.924 933,687 Doncaster Perfomiartce Venue Limiled 7.469 7.469 121,986 Group 560.267 116.126 676,393 1,055,673 ?8
DONCASTER CULTURE AND LEISURE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 {Continued) g. ANALYSIS OF CHARITABLE EXPENDITURE The charity undert8kes direct charilable activities onty and does not make grant payments. CultUTO & Leisure Facilities 2022 Restricted Funds 2022 Total 2022 Total 2021 The Dome Adwick Sports Centre Armlhorpe Sports Centre Askern Sports Centre Crookhill Park Golf Club Deame Valley Leisure Centre Edlinglon Leisure Centre Fitness Village Balby Fitness Village Stadium Hatfield Waler Park Rossinglon Community Sports Village Rossinglon Sports Centre Thorne Sports Centre Disallowed VAT Knowledge and Skills Sociallsolation Alliance Right up our 51reel Doncaster Creates JRS Staff Costs Cleaning Maintenance and repairs Advertising and publicity Bank and credit card charges Leisure overheads Personnel Support costs {note 81 2.425.687 1.050.235 561.642 17,493 239.202 689,077 51,357 414,631 2,425.687 1,050,235 561,642 17,493 239,202 689,077 51,357 414,631 1.457,886 669,730 255.454 77,288 189.750 399,179 56,858 310.138 79.401 253,810 68,670 194.976 23.577 194,976 23,577 206,011 149.061 438.110 206.011 149,061 438,110 43,634 297,321 291,186 212,228 123,103 99,427 1.906,760 211,536 6,187 226,262 147,271 668,924 90,806 190.745 92.815 210.675 264.107 139,120 130,251 2,014.137 103,756 1,360,920 157,646 5,659 250,595 103.306 933.687 43.634 297.321 291.186 212.228 123,103 99,427 1,4B2.479 211.536 6,187 226,262 147,271 650,635 424.281 18,289 Charity 9,407,959 1,286,939 10.694,898 9.866.389 Doncaster Performance Venue Limited 1,720.422 419.623 2.140,045 1.319.799 Group 11,164,363 1,670.580 12,834,943 11,186,188 29
DONCASTER CULTURE AND LEISURE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 (Contlnuedl 10. STAFF COSTS AND TRUSTEES REMUNERATION 2022 2021 Salarie5 Social Security costs Pension costs 4,749,072 346,446 284.035 5.822.128 339,229 319.765 5,379,553 6,481.122 The average number of employees during the year was as follows.. Number Number Charitable activities Trading aclivilies 155 72 131 78 227 209 Band analysis of higher paid employees was as follows £70.001- £80,000 £80.001- £90.000 For higher paid staff an employer pension contribution of £6.526 {2021-. £6.356} was made during the year. No remuneration is paid to directorsltrustees. Travelling and subsistence expenses incurred by Trustees on chanty business are reimbursed. The amount reimbursed in the year was £NII {2021.' £Nill. 11. MOVEMENT IN TOTAL FUNDS FOR THE YEAR The movement for the group is slated after charging= 2022 2021 Depreciation of tangible fixed assets: - Owned by the charity - On finance agreement l DMBC funded Payable to Auditor Audit fee - Other services Operating lease rentals.. Plant alld machinery Pension Costs 74,392 302,094 63.269 214.199 18,000 4,500 18,000 4.500 9,450 252.502 30,214 288,614 The Audit fee for the parent charity was £8,00012021.. £8.0001 Jo
DONCASTER CULTURE AND LEISURE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 (Continued) 12. TANGIBLE FIXED ASSETS (GROUP) Fa¢ilitigS Improvgments Fixtures. fittings, office equipment & vehic5os Total COST At 31 March 2021 4.843.165 3.407.265 8,250,430 Additions At 31 March 2022 469,194 5.312.359 95,736 3,503,001 564.930 8.815.360 DEPRECIATION At 31 M8rch 2021 Charge for the year 1,576,802 309,563 2,968,763 4.545.565 66,923 376,486 At 31 March 2022 1.886.365 3 035 686 4.922,051 NET BOOK VALUE At 31 March 2022 3,425,994 467.315 3.893,309 At 31 March 2021 3.266.363 438,502 3.704,865 TANGIBLE FIXED ASSETS {CHARITY) Faclllties Improvements Fixturos. Ilttlngs, office equipment & vehlcles Total COST At 31 March 2021 4.315,697 2.943,744 7.259,441 Additions 445.580 93.041 538,621 At 31 March 2022 4.761.277 3,036,785 7.798.062 DEPRECIATION At 31 March 2021 1.070.618 302.094 2.626.437 3,697,055 326.479 Charge for the year On Disposals 24.385 At 31 March 2022 1,372,712 2.650.822 4,023,534 NET BOOK VALUE At 31 March 2022 3,388,565 385.963 3.774.528 At 31 March 2021 3.245.079 317,307 3.562,388 The nel book value of assets held under finance leases or hire purchase ntract5. lrtcluded above, 1$ £Nil {2021.. £Nill. The final payments were made during Ihe year. 31
DONCASTER CULTURE AND LEISURE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 {Contlnued) 16. CREDITORS (AMOUNTS OUE WITHIN ONE YEAR) Group Charity 2022 2021 2022 2021 Nel obligations under finance leasel hire purchase contracts Borrowings Trade creditors Amounts owed lo group undertakings Other taxes and social security Accruals & deferred income Other creditors 186,666 918,493 186,666 1.418.983 186.666 656.471 99.257 129.764 559.149 29.603 186.666 1,343.620 134.711 115,727 737,659 7,296 135.604 1,293,485 203.477 117,035 1.245,083 260,564 2.737.72S 3,228.331 1,660,910 2.525,679 17. CREDITORS {AMOUNTS DUE AFTER MORE THAN ONE YEAR) Group Charity 2022 2021 2022 2021 Nel obligations under finance leasel hire purchase contracts Borrowings 1.306.667 1.493.335 1.306.667 1.493.335 1.306,667 1,493.335 1,306.667 1.493,335 The malurilies of sources of borrowng are as follows.. Group Charlty 2022 2021 2022 2021 In one year or less In more than one year but not more than years 186.666 186,666 186.666 186,666 186.666 186,666 186.666 186,666 In more than ts¥0 years bul not more than five years 559.998 559.998 559,998 559.998 More than 5 years 560,003 746.671 560,003 746.671 1.493.333 1.680.001 1,493,333 1.680,001 18. SHARE CAPITAL The company is limited by gu8f8ntee. The liability of the members is limited to £1 each. 33
DONCASTER CULTURE AND LEISURE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 Icontinugd) 19. RESTRICTED FUNDS {GROUP AND CHARITY) The funds of the group and charity indude restricted lunds comprising the following unexpended balances of grant5 and donations held on trust to be applied for specific purposes.. Movement In fund$ Balance 31 March 2021 Balanc8 31 March 2022 Incoming Résources Resourc•$ EXnded Transfer Fund.. OMBC Asset maIntenar 1.740.906 Knowledge & Skills Social Isolatson Aliance Flght up our streel Doncaster Creates OMBC Hub Funding 1.000.000 43.634 289.000 235.169 77.480 417.570 43.634 297.321 291.186 212.228 25.OQO 2.323,336 271,893 67,780 270,724 25,000 263,572 11,763 135,976 Charity 2,376,303 1.645.283 1.286.939 2,734,647 Ooncasler Performance Venue Limited.. Stage lighting and filbng Esmee Fairbaim Llz and Terry BTamall Foundation 9.924 Austin & hope Pilkington Trusl 1.292 Ptjblic Acts OMBC- Social Mobility Opportunity DMBC- Easler staycati ARC National Theatre Leaming Dementia Partneiship CIC We are IVE Lld SYCF Nation81 Lottery- Playing up Garfield Weston Stories lo Gel Us Through ARG WISH Global streets- We are watching 82.028 35.371 3.680 24,662 78,348 10.709 3,788 1,292 86.932 6,136 93.328 6,396 14,987 6.783 5,859 8.850 6,738 5.859 11,100 1.150 951 260 2.670 5,208 176.718 2.073 7,117 49,925 29.500 15,032 2,250 6,800 6.447 12.610 6.347 5,650 12,456 12,460 3,677 6.960 110 5.208 189,707 2,823 12,989 750 31,214 38.331 49,925 29.500 Group 2.746.889 1,890.137 1.706,562 2,930.464 34
DONCASTER CULTURE AND LEISURE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 (Continuèd) DMBC Asset Maintenance- Maintenance contribution for struclural and maintenance work al the lelsure cenlres. Knowledge and ski115- Funding for the delivery of education and skills programmes in Doncosler Socsal isolation alliance- Alliance thal aims to reduce scoal isolation and lonelirtress within Doncaster Right up our slreet- Consortium creating arKI delivering art to Ihe people of Doncaster Doncaster creates- Arts programmes thal nurture and reveal rxeativity in Doncaster Stage lighting and fittings- To purchase and for the refurbishment of capilal equipment al Cast. Esmee Fairbaim Doncaster. A grant to support Arlist Development across South Yorkshire and particulady in Liz and Tery Bramall- To fund Ihe purchase of a piano for use on our stage5. Austin & Hope Pilkinglon Trusl-To support the Bright ghts Participation Activity. Public Acts- To support a community engagement project with the National Theatre. DMBC- Social mobility- To support a social mobility proiect worting with local schools. ARC- A travel bursary from Future Art Centres. National Theatre Leaming & Connect- To support the National Theatre Connecbons Fesfjval. DARTS- To support the Playing Up projecl for elders. EXPECT- To support workshops. masterclasses and other engagement acttvilies for young people. Dementia Partnership CIC- Engagemenl project aimed al older parfiopants. WE Are IVE LTD- A Creattve Futures project w01n9 in partsiership with DoncasteT schools. 20. ANALYSIS OF GROUP NET ASSETS BEfwEEN FUNDS (GROUP) Fund tsaans at 31 March 2022 were represented by.. Unro$trl¢ted Funds Rèstricted Funds Total Funds Tangible fixed assets Currenl assets Credilors dtje wilhin one year Ciedilors due after one yeai Pension Ilability 1,790.174 2,616,570 (2.737,7251 (1.306,6671 (4041,000) 2,103.135 884,956 3.893,309 3,443,899 (2,737,725) (1,306,667) 14.041.000) TOTAL NET ILIABILITIESVASSETS (3.678,648) 2,930,464 1748,1841 21. CONTINGENT LIABILITIES There were no contingent liabilities of Nthich the Trustees were aware at 31 March 2022 (2021.- £nill. 35
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DONCASTER CULTURE AND LEISURE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 (Continued) 23. PENSION COMMITMENTS {cont.) History of experience gains and10sse5 in the scheme.. 2022 2021 Experrence gainslllossesl on assets Percentage of scheme assets Experience gainslllossesl on liabilities Percentage of scheme liabilities Cumulative gain$l(lossesl at end of period 503.000 6.8% 536.000 7.2% 1.039.000 950.000 14.1Yo {1,816,000) 15.4V• (2.619.000) 24. FINANCIAL INSTRUMENTS Grou Charit 2022 2021 2022 2021 Financial assets Financial assets that are debt instruments measured al amortised cosl 3.047.999 3.700.166 1.033.14S 2.236.439 3.047.999 3.700.166 1,033.145 2.236.439 Financial assels include cash and cash equivalents, amounls due from group undertakings. trade and other debtors. Grou Charit 2022 2021 2022 2021 Flnanclal Ilabllltles Financial liabilities thal are debt inslnjmenls measured al amortised cost 4.044.392 4,721.666 2.967.577 4,019,014 4.(A4.392 4.721.666 2.967.577 4.019,014 Financial liabilities include finance lease Ilalylities, b¢yrwngs. tratle credllors. accwals, penslon contribution5 and olher CTeditOTS. 39