| Page | |||||||
|---|---|---|---|---|---|---|---|
| Trustees' annual report (incorporating |
the | director's | report) | ||||
| Independent | auditor's | report to the members | |||||
| Statement | of financial | activities | (including | income and | |||
| expenditure | account) | ||||||
| Statement | of financial | position | 12 | ||||
| Statement | ofcash flows | 14 | |||||
| Notes to the financial | statements |
| Registered | charity | name | name | Richmondshire | Richmondshire | Leisure Trust | Leisure Trust | ||
|---|---|---|---|---|---|---|---|---|---|
| Charity registration | number | 1111723 | |||||||
| Company | registration | number | 05095316 | ||||||
| Principal office and | registered | Richmond | Swimming | Pool | |||||
| office | Old Station | Yard | |||||||
| Richmond | |||||||||
| North Yorkshire | |||||||||
| DL10 4LD | |||||||||
| The trustees | |||||||||
| A Tutors | |||||||||
| J Francis JStubbs |
(Appointed | 5June 2023) | |||||||
| A White | |||||||||
| SC Aston | (Resigned | 5 September 2022) | |||||||
| AJ Dale | (Resigned | 31 March 2023) | |||||||
| D A Chefneux | |||||||||
| JW Riley | (Appointed | 5September 2022) | |||||||
| SLBenson | (Appointed | 5September 2022) | |||||||
| RJ Baldwin | (Resigned | 1 August 2023) | |||||||
| PJ Devlin | |||||||||
| W H Cross | (Appointed | 2 August 2023) | |||||||
| Auditor | Chipchase | Manners | |||||||
| Chartered | Accountants | &statutory | auditor | ||||||
| 384 Linthorpe | Road | ||||||||
| Middlesbrough | |||||||||
| TS56HA | |||||||||
| Bankers | Santander | ||||||||
| 43 High Row | |||||||||
| Darlington | |||||||||
| County Durham |
|||||||||
| DL37QW |
| 2023 | 2022 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | ||||||
| funds | funds | Total funds | Total funds | ||||
| Note | 2 | 2 | 2 | 9 | |||
| Income and endowments | |||||||
| Donations and grants |
5 | 366,557 | 101,749 | 468,306 | 422,362 | ||
| Charitable activities |
6 | 457,089 | 457,089 | 539,486 | |||
| Investment income |
7 | 1,269 | 1,269 | 8 | |||
| Total income | 824,915 | 101,749 | 926,664 | 961,856 | |||
| Expenditure | |||||||
| Expenditure on charitable |
activities | 8,9 | 832,484 | 130,208 | 962,692 | 838,000 | |
| Other expenditure | 11 | 483 | 483 | 3,008 | |||
| Total expenditure | 832,967 | 130,208 | 963,175 | 841,008 | |||
| Net (expenditure)/Income | and net | ||||||
| movement in funds |
(8,052) | (28,459) | (36,511) | 120,848 | |||
| Reconciliation offunds |
|||||||
| Total funds brought | forward | 212,919 | 28,897 | 241,816 | 120,968 | ||
| Total funds carried | forward | 204,867 | 438 | 205,305 | 241,816 |
| 2023 | 2022 | |||
|---|---|---|---|---|
| Note | 2 | 2 | ||
| Fixed assets | ||||
| Tangible fixed assets |
17 | 6,722 | 26,900 | |
| Current assets | ||||
| Stocks | 18 | 9,561 | 9,004 | |
| Debtors | 19 | 82,159 | 29,095 | |
| Cash at bank and in | hand | 261,714 | 308,802 | |
| 353,434 | 346,901 | |||
| Creditors: amounts | falling due within one year | 20 | 131,517 | 98,651 |
| Net current assets | 221,917 | 248,250 | ||
| Total assets less current liabilities | 228,639 | 275,150 | ||
| Creditors: amounts | falling due after more than one year | 21 | 23,334 | 33,334 |
| Net assets | 205,305 | 241,816 | ||
| Funds ofthe charity | ||||
| Restricted funds | 438 | 28,897 | ||
| Unrestricted funds |
204,867 | 212,919 | ||
| Total charity funds | 23 | 205,305 | 241,816 |
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| 2 | 2 | ||||
| Cash flows from operating | activities | ||||
| Net (expenditure)/income | (36,511) | 120,848 | |||
| Adjustments for: |
|||||
| Depreciation oftangible fixed assets |
12,543 | 11,098 | |||
| Other interest receivable and |
similar income | (1,269) | (8) | ||
| Accrued (income)/expenses | (2,707) | 94,190 | |||
| Chengesin: | |||||
| Stocks | (557) | 1,585 | |||
| Trade and other debtors | (9,615) | (10,248) | |||
| Trade and other creditors | (7,876) | (18,895) | |||
| Cash generated from operations |
(45,992) | 198,570 | |||
| Interest received | 1,269 | ||||
| Net cash (used in)/from operating activities |
(44,723) | 198,578 | |||
| Cash flows from investing | activities | ||||
| Purchase of tangible assets |
(12,839) | (27,238) | |||
| Loss on disposal oftangible | fixed assets | 20,474 | |||
| Nst cash from/(used in) investing activities |
7,635 | (27,238) | |||
| Cash flows from financing | activities | ||||
| Proceeds from borrowings | (10,000) | (6,666) | |||
| Net cash used in tinancing | activities | (10,000) | (6,666) | ||
| Net (decrease)/Increase in |
cash and cash | equivalents | (47,088) | 164,674 | |
| Cash snd cash equivalents | at beginning | of year | 308,802 | 144,128 | |
| Cash and cash equivalents | at end ofyear | 261,714 | 308,802 |
| Donations and grants | ||||
|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | ||
| Funds | Funds | 2023 | ||
| 2 | 2 | |||
| Donations | ||||
| Donations | ||||
| Grants | ||||
| North Yorkshire Council grants | 298,000 | 298,000 | ||
| RDC - Sports Development | grants | 15,000 | 15,000 | |
| Broadacres grants | 500 | 500 | ||
| UK Government Covid Support grants |
||||
| NYC Utility Support grants | 52,907 | 52,907 | ||
| RDC Area Partnership grants |
592 | 592 | ||
| Colburn Town Council grants |
28,000 | 28,000 | ||
| CJRS Furlough grants |
||||
| NYCC Locality Fund grants | 2,500 | 2,500 | ||
| NYCC Covid Community grants |
||||
| NYCC FEAST grant | 2,250 | 2,250 | ||
| RDC Restart grants | ||||
| RDC CAP funding grants |
||||
| Sport England National Leisure Recovery Fund |
||||
| grants NYC loss of income grant |
68,556 | 68,556 | ||
| National lottery grants |
||||
| Football Foundation grants |
||||
| RDC CIF grant | ||||
| 366,557 | 101,749 | 468,306 |
| Donations and | grants | (ccnvnusd) | (ccnvnusd) | ||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | |||||
| Funds f |
Funds | 2022 2 |
|||||
| Donations | |||||||
| Donations | 30 | 30 | |||||
| Grants | |||||||
| North Yorkshire | Council | grants | 248,000 | 248,000 | |||
| RDC - Sports Development | grants | 'I5,000 | 15,000 | ||||
| Broadacres grants | |||||||
| UK Government | Covid | Support grants | 16,663 | 16,663 | |||
| NYC UtiTity Support grants | |||||||
| RDC Area Partnership | grants | ||||||
| Colburn Town |
Council | grants | 5,000 | 5,000 | |||
| CJRS Furlough | grants | 15,784 | 15,784 | ||||
| NYCC Locality | Fund grants | 800 | 800 | ||||
| NYCC Covid Community | grants | 1,000 | 1,000 | ||||
| NYCC FEAST | grant | ||||||
| RDC Restart grants | 48,000 | 48,000 | |||||
| RDC CAP funding grants |
1,995 | 1,995 | |||||
| Sport England | National | Leisure Recovery Fund | |||||
| grants | 36,655 | 36,655 | |||||
| NYC loss of income grant | |||||||
| National lottery |
grants | 9,000 | 9,000 | ||||
| Football Foundation grants |
16,525 | 16,525 | |||||
| RDC CIFgrant | 7,910 | 7,910 | |||||
| 312,693 | 109,669 | 422,362 |
| Charitable | activities | ||||
|---|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
| Funds | 2023 | Funds | 2022 | ||
| f | 2 | 2 | |||
| Sports facilities | 453,552 | 453,552 | 534,945 | 534,945 | |
| Catering | 2,343 | 2,343 | 3,298 | 3,298 | |
| Fundraising | events | 1,194 | 1,194 | 1,243 | 1,243 |
| 457,089 | 457,089 | 539,486 | 539,486 |
| Yea | r ended 3 | 1 March 2023 | 1 March 2023 | |||||
|---|---|---|---|---|---|---|---|---|
| 7. | Investment | Income | ||||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||||
| Funds | 2023 | Funds | 2022 | |||||
| 6 | 2 | 2 | ||||||
| Bank interest | receivable | 1,269 | 1,269 | 8 | 8 | |||
| 8. | Expenditure | on charitable | activities | by fund type | ||||
| Unrestricted | Restricted | Total Funds | ||||||
| Funds | Funds | 2023 | ||||||
| 6 | ||||||||
| Sports and Leisure Facilities | costs | 555,606 | 130,208 | 685,814 | ||||
| Support costs | 276,878 | 276,878 | ||||||
| 832,484 | 130,208 | 962,692 | ||||||
| Unrestricted | Restricted | Total Funds | ||||||
| Funds | Funds | 2022 | ||||||
| 2 | 2 | 2 | ||||||
| Sports and Leisure Facilities | costs | 468,841 | 46,156 | 514,997 | ||||
| Support costs | 279,624 | 43,379 | 323,003 | |||||
| 748,465 | 89,535 | 838,000 | ||||||
| 9. | Expenditure | on charitable | activities | by activity type | ||||
| Activities | ||||||||
| undertaken | Support | Total funds | Total fund | |||||
| directly | costs | 2023 | 2022 | |||||
| 2 | 2 | 2 | ||||||
| Sports and Leisure Facilities Governance costs |
costs | 685,814 | 276,878 | 685,814 276,878 |
514,997 323,003 |
|||
| 685,814 | 276,878 | 962,692 | 838,000 | |||||
| 10. | Analysis ofsupport costs | |||||||
| Sports and | ||||||||
| Leisure | ||||||||
| Facilities | Total 2023 | Total 2022 | ||||||
| 2 | ||||||||
| Staff costs | 297,236 | 297,236 | 256,778 | |||||
| Premises | 323,372 | 323,372 | 209,068 | |||||
| General oifice | 3,732 | 3,732 | 5,205 | |||||
| Governance | costs | 276,878 | 276,878 | 323,003 | ||||
| Travel and subsistence | 'I,385 | 1,385 | 1,183 |
| Depreciation | 12,543 | 12,543 | 11,098 | ||
|---|---|---|---|---|---|
| Subscriptions | 535 | 535 | 595 | ||
| Catering and vending | 1,932 | 1,932 | 1,890 | ||
| Training | 3,200 | 3,200 | 4,844 | ||
| Irrecoverable )/AT |
21,405 | 21,405 | 24,336 | ||
| Loss on disposal of tangible fixed assets | 20,474 | 20,474 | |||
| 962,692 | 962,692 | 838,000 | |||
| Analysis ofGovernance |
Costs: | ||||
| 2023 | 2022 | ||||
| 2 | 8 | ||||
| Admin gross wages, employers | Nl and pension | 199,332 | 210,906 | ||
| Insurance | 17,046 | 17,461 | |||
| Audit fees | 4,600 | 4,300 | |||
| Legal and professional | costs | 2,542 | 2,100 | ||
| Payroll costs | 6,284 | 6,161 | |||
| Other office costs | 12,793 | 9,715 | |||
| Printing and promotion |
6,272 | 10,118 | |||
| Bank charges | 7,169 | 6,892 | |||
| Fees and licences | 8,748 | 4,626 | |||
| Special project costs | 11,443 | 13,636 | |||
| NLRF expenditure | 36,655 | ||||
| Interest on loans | 649 | 433 | |||
| 276,878 | 323,003 |
| 11. | Other expenditure | Other expenditure | Other expenditure | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Total | Funds | Unrestricted | Total Funds | |||||
| Funds | 2023 | Funds | 2022 | ||||||
| 2 | 2 | 2 | |||||||
| Bad debts | 483 | 483 | 3,008 | 3,008 | |||||
| 12. | Net (expenditure)/income | ||||||||
| Nst (expenditure)/income | is stated after | charging/(crediting): | |||||||
| 2023 | 2022 | ||||||||
| f | 2 | ||||||||
| Depreciation | oftangible fixed assets | 12,543 | 11,098 | ||||||
| 13. | Auditors | remuneration | |||||||
| 2023 | 2022 | ||||||||
| 2 | 2 | ||||||||
| Fees payable | for the audit of the financial statements | 4,600 | 4,300 |
| The total staff costs and | employee | benefits for the reporting | period are analysed as | follows: |
|---|---|---|---|---|
| 2023 | 2022 | |||
| 2 | ||||
| Wages and salaries | 449,078 | 422,994 | ||
| Social security costs | 23,095 | 22,311 | ||
| Employer contributions | to pension | plans | 24,395 | 22,379 |
| 496,568 | 467,684 |
| .The avera | ge number |
|---|---|
| 2023 | 2022 |
| No. | No. |
| 12 | 12 |
| 21 | 23 |
| 1 | 1 |
| 34 | 36 |
| No remuneration or benefits have been received by the trustee Intangible assets |
s. |
|---|---|
| Goodwill | |
| Cost | |
| At 1 April 2022 and 31 March 2023 | 64,000 |
| Amortlsatlon | |
| At 1 April 2022 and 31 March 2023 | 64,000 |
| Carrying amount |
|
| At 31 March 2023 | |
| At 31 March 2022 |
| Fixtures and | |||||
|---|---|---|---|---|---|
| fittings | |||||
| 2 | |||||
| Cost | |||||
| At 1 April 2022 | 144,771 | ||||
| Additions | 12,839 | ||||
| Disposals | (51,240) | ||||
| At 31 March 2023 | 106,370 | ||||
| Depreciation | |||||
| At 1 April 2022 | 117,871 | ||||
| Charge for the | year | 12,543 | |||
| Disposals | (30,766) | ||||
| At 31 March 2023 | 99,648 | ||||
| Carrying amount |
|||||
| At 31 March 2023 | 6,722 | ||||
| At 31 March 2022 | 26,900 | ||||
| 18. | Stocks | ||||
| 2023 | 2022 | ||||
| 2 | 2 | ||||
| Raw materials | and consumables | 9,561 | 9,004 | ||
| 19. | Debtors | ||||
| 2023 | 2022 | ||||
| 2 | |||||
| Trade debtors | 16,265 | 10,943 | |||
| Prepayments | and accrued income | 65,894 | 18,152 | ||
| 82,159 | 29,095 | ||||
| 20. | Creditors: amounts | falling due within one year | |||
| 2023 | 2022 | ||||
| 2 | 2 | ||||
| Bank loans and overdrafts | 10,000 | 10,000 | |||
| Trade creditors | 21,419 | 21,100 | |||
| Accruals and deferred | income | 90,138 | 49,396 | ||
| Social security | and other taxes | 9,960 | 11,155 | ||
| Other creditors | 7,000 | ||||
| 131,517 | 98,651 |
| 2023 | 2022 |
|---|---|
| 2 | |
| 23,334 | 33,334 |
| Unrestricted | funds | ||||||
|---|---|---|---|---|---|---|---|
| At | |||||||
| At | 1 April 22 | Income | Expenditure | Transfers | 31 March 23 | ||
| 2 | 2 | 2 | |||||
| General funds | 137,919 | 824,915 | (832,967) | 25,000 | 154,867 | ||
| Operational | reserve | ||||||
| fund | 50,000 | 50,000 | |||||
| Utility increase fund | 15,000 | (15,000) | |||||
| Football Foundation | |||||||
| pitch project | fund | 10,000 | (10,000) | ||||
| 212,919 | 824,915 | (832,967) | 204,867 | ||||
| At | |||||||
| At | 1 April 21 | Income | Expenditure | Transfers | 31 March 22 | ||
| 2 | 2 | 2 | |||||
| General funds | 62,205 | 852,187 | (751,473) | (25,000) | 137,919 | ||
| Operational | reserve | ||||||
| fund | 50,000 | 50,000 | |||||
| Utility increase fund | 15,000 | 15,000 | |||||
| Football Foundation | |||||||
| pitch project | fund | 10,000 | 10,000 | ||||
| 112,205 | 852,187 | (751,473) | 212,919 |
| Restricted fun | ds | ||||||
|---|---|---|---|---|---|---|---|
| At | |||||||
| At 1 April 22 | Income | Expenditure | Transfers | 31 March | 23 | ||
| 2 | 2 | ||||||
| Armed Forces | Covenant | ||||||
| Fund Trust | 795 | (795) | |||||
| RDC Sports | |||||||
| Development Fund |
15,000 | (15,000) | |||||
| RDC Area Partnership | |||||||
| Fund | 592 | (592) | |||||
| NYCC Locality | Fund | 576 | 2,500 | (3,076) | |||
| North Richmondshire | |||||||
| Community Partnership |
|||||||
| Fund | (56) | ||||||
| Coronavirus Job |
|||||||
| Retention Scheme |
|||||||
| (CJRS) | |||||||
| Sport England | National | ||||||
| Leisure Recovery fund | |||||||
| (NLRF) | |||||||
| Sport England | Small | ||||||
| Grant fund | 438 | ||||||
| Colburn Town |
Council | ||||||
| fund | 28,000 | (28,000) | |||||
| NYCC Covid | |||||||
| Community fund |
|||||||
| RDC CAP fund | |||||||
| National lottery |
fund | 3,004 | (3,004) | ||||
| Football Foundation | |||||||
| fund | 16,250 | (16,250) | |||||
| RDC CIF fund | 7,778 | (7,778) | |||||
| NYCC FEAST | fund | 2,250 | (2,250) | ||||
| Broadacres fund | 500 | (500) | |||||
| NYC Utilities Support | |||||||
| fund | 52,907 | (52,907) | |||||
| 28,897 | 101,749 | (130,208) | 438 |
| At | At | ||||||
|---|---|---|---|---|---|---|---|
| 1 April 2021 | Income | Expenditure | Transfers | 31 March | 22 | ||
| 2 | 2 | ||||||
| Armed Forces | Covenant | ||||||
| Fund Trust | 7,462 | (6,667) | 795 | ||||
| RDC Sports | |||||||
| Development Fund |
15,000 | (15,000) | |||||
| RDC Area Partnership | |||||||
| Fund | |||||||
| NYCC Locality | Fund | 800 | (224) | 576 | |||
| North Richmondshire | |||||||
| Community Partnership |
|||||||
| Fund | 389 | (333) | 56 | ||||
| Coronavirus Job |
|||||||
| Retention Scheme | |||||||
| (CJRS) | 15,784 | (15,784) | |||||
| Sport England | National | ||||||
| Leisure Recovery fund | |||||||
| (NLRF) | 36,655 | (36,655) | |||||
| Sport England | Small | ||||||
| Grant fund | 912 | (474) | |||||
| Colburn Town |
Council | ||||||
| fund | 5,000 | (5,000) | |||||
| NYCC Covid | |||||||
| Community fund |
1,000 | (1,000) | |||||
| RDC CAP fund | 1,995 | (1,995) | |||||
| National lottery |
fund | 9,000 | (5,996) | 3,004 | |||
| Football Foundation | |||||||
| fund | 'I6,525 | (275) | 16,250 | ||||
| RDC CIF fund | 7,910 | (132) | 7,778 | ||||
| NYCC FEAST | fund | ||||||
| Broadacres fund | |||||||
| NYC Utilities Support | |||||||
| fund | |||||||
| 8,763 | 109,669 | (89,535) | 28,897 |
| Analysis ofnet as | se | ts between funds | |||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | |||
| Funds | Funds | 2023 | |||
| 2 | 2 | 2 | |||
| Tangible fixed assets | 6,722 | 6,722 | |||
| Current assets | 352,996 | 438 | 353,434 | ||
| Creditors less than | 1 | year | (131,517) | (131,517) | |
| Creditors greater than | 1 year | (23,334) | (23,334) | ||
| Net assets | 204,867 | 438 | 205,305 | ||
| Unrestricted | Restricted | Total Funds | |||
| Funds | Funds | 2022 | |||
| 2 | 2 | 2 | |||
| Tangible fixed assets | 2,021 | 24,879 | 26,900 | ||
| Current assets | 342,883 | 4,018 | 346,901 | ||
| Creditors less than | 1 | year | (98,651) | (98,651) | |
| Creditors greater than | 1 year | (33,334) | (33,334) | ||
| Net assets | 212,919 | 28,897 | 241,816 |
| Anal | ysis of chang | es in net debt |
|||
|---|---|---|---|---|---|
| At | |||||
| At 1 Apr 2022 | Cash flows | 31 Mar 2023 | |||
| 2 | 2 | 2 | |||
| Cash | at bank and | in hand | 308,802 | (47,088) | 261,714 |
| Debt | due within one year | (10,000) | (10,000) | ||
| Debt | due after one | year | (33,334) | 'IO,OOO | (23,334) |
| 265,468 | (37,088) | 228,380 |