REGISTERED COMPANY NUMBER: 05514272 (England and Wales) REGISTERED CHARITY NUMBER: 1112764
Report of the Trustees and
Unaudited Financial Statements
for the Year Ended 31 March 2021
for
NORTH NOTTS COMMUNITY LEISURE LIMITED
Anderson & Company Pendennis House 169 Eastgate Worksop Nottinghamshire S80 1QS
NORTH NOTTS COMMUNITY LEISURE LIMITED
Contents of the Financial Statements for the Year Ended 31 March 2021
| Page | |
|---|---|
| Report of the Trustees | 1 to 6 |
| Independent Examiner's Report | 7 to 8 |
| Statement of Financial Activities | 9 |
| Statement of Financial Position | 10 to 11 |
| Statement of Cash Flows | 12 |
| Notes to the Statement of Cash Flows | 13 |
| Notes to the Financial Statements | 14 to 22 |
| Detailed Statement of Financial Activities | 23 to 24 |
NORTH NOTTS COMMUNITY LEISURE LIMITED
Report of the Trustees for the Year Ended 31 March 2021
The trustees who are also directors of the charity for the purposes of the Companies Act 2006 present their report with the financial statements of the charity for the Year Ended 31 March 2021. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 2015 based on FRS102, Accounting and Reporting by Charities issued in July 2014.
Page 1
NORTH NOTTS COMMUNITY LEISURE LIMITED
Report of the Trustees for the Year Ended 31 March 2021
OBJECTIVES AND ACTIVITIES
Objectives and aims
North Notts Community Leisure Limited (NNCLL) provides leisure and community facilities, at the North Notts Community Arena, for the health and well being of the local community.
This report gives details of North Notts Community Leisure Limited's (NNCLL) work over the past year: if you would like to discuss the work of NNCLL or obtain further information please contact the General Manager.
NNCLL have been established and operating since January 2006 and manages the day-to-day activities within the Arena. This well used local community hub provides leisure and sporting opportunities plus support for the local community.
This support is aimed specifically around health and well-being of the local community. NNCLL works with all ages, cradle to grave and all abilities, including specific structured activity sessions for the disabled, hard to reach and disadvantaged groups and individuals.
NNCLL, over the past 15 years have developed the Arena as an events venue, utilising the spare capacity in the Main Hall, mainly during weekends, to host many events including wedding receptions, awards nights, celebratory parties, craft fairs and concerts.
Core Business and Activities
2020/21 has been another challenging year, with Covid making us only operable during September and October 2020.
Start up grants and payments were awarded to offset contracts and utilities charges whilst closed and all staff placed on the furlough scheme.
With staff leaving and us introducing new employees, the board and management team introduced new operating procedures which ensured our staff had a look at each others' roles and were able to be multi functional when called upon, a necessary attribute within a small work force.
As always the response of paid staff and volunteers has been outstanding.
Partnership Working
NNCLL work tirelessly with many local partners and would like to thank all partners for their continued support including:
U3A Focus on young people in Bassetlaw Bassetlaw District Council Mencap Notts County Council NHS Bassetlaw Bassetlaw District Council Sports Development Service Greenacre Day Care Centre Worksop Harriers Bassetlaw Indoor Bowls Club Worksop and District Snooker League
Page 2
NORTH NOTTS COMMUNITY LEISURE LIMITED
Report of the Trustees for the Year Ended 31 March 2021
Worksop Town FC Framework Eastgate Day Care Centre North Notts College
In Conclusion
This annual report gives information on the work of the charity over the past twelve months. During this period the Arena normally works with many different groups, clubs, organisations and individuals offering opportunities and a facility that is accessible to all.
The Arena's facilities have again been improved over the year with the introduction of ventilation systems, new cctv, ceiling tiles and cosmetic works and NNCLL will strive to continue improvements in pursuit of their aim, 'to generate a first class facility for the local community'.
Alison Dolby Fitness and Dance Studio Active @ Arena Bassetlaw District Council Worksop Radio Controlled Car Club Nottinghamshire Primary Schools Football Association The Arena World Snooker Junior Snooker Academy Worksop Town Junior Football Worksop Boys Club Junior Football Rebecca's Dance School Talegate Theatre Productions Courtney's School of Dance Zumba Solway Foods Two Worksop Karate and Martial Arts Groups Monday and Thursday 50+ Activity Groups Welbeck Bowls Club Bassetlaw Indoor Bowls Club Worksop and District Midweek Trips League Newgate Bowls Club Goosemoor Bowls Club Doncaster Indoor Bowls Club Notts County Indoor Bowls Association BLAST T. League Indoor Bowls Club
Specialist Groups
Mencap Greenacre Eastgate Victoria Gateford Hill Eden Hamilton Lodge Boundary
Page 3
NORTH NOTTS COMMUNITY LEISURE LIMITED
Report of the Trustees for the Year Ended 31 March 2021
Rufford James Hince Court Forest Hill Heartbeatz Bassetlaw Cardiac Rehabilitation Bassetlaw Rehabilitation COPD Group Bassetlaw Learning Centre Framework Worksop Festival of Remembrance FOYPIB North Notts College - fashion show, activity sessions, sports department The Little Drama Group
FUTURE PLANS
The Arena will continue in their quest to access further funding.
After conducting our Customer Survey, our customers have identified much needed improvements to our interior decor, main hall floor, car-park, entrance, reception area, corridor, roof and inefficient heating as their priorities. The new general manager also has plans to create an outside space for wedding photos and a space for customers to have some outdoor dining space
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The Governing Document North Notts Community Leisure Limited is a charitable company limited by guarantee. The company was established in July 2005 under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association. In the event of the company being wound up no member will be asked to contribute more than £10.00.
The company operates as a non profit distributing organisation. There is a written constitution. In addition to the constitution, North Notts Community Leisure Limited has developed and implemented a range of operational policies and procedures which determine and reflect good management, operational and employment practice.
The company was established to take over the day-to-day management of the former council run Bassetlaw Leisure Centre which was about to be closed.
Page 4
NORTH NOTTS COMMUNITY LEISURE LIMITED
Report of the Trustees for the Year Ended 31 March 2021
STRUCTURE, GOVERNANCE AND MANAGEMENT
Trustees
NNCLL is a company limited by guarantee, a not for profit organisation with charitable status. The Board of Directors are all users of the Arena and represent different activities and groups from within the Arena, including indoor bowls, snooker, young children and schools, older people and football. They are a constant source of information and guidance for the Management team.
As Directors they bring individual skills, expertise and knowledge to the business including, leisure management, business management, administration and personnel, health and safety, employment law, marketing and senior team management, plus vast experience of events and sporting activity.
The directors of the company are also charity trustees for the purposes of charity law. Under the company's Memorandum and Articles of Association all directors must retire at the first annual general meeting and can offer themselves for re-election. At all subsequent general meetings one third of the board of directors must retire by rotation and can offer themselves for re-election. New directors may be appointed by the board. Any director appointed in this way must retire at the next annual general meeting and can offer themselves for re-election.
Any new trustees would be invited to attend training sessions in order to formalise themselves with the organisation and any particular areas of expertise they were being asked to deal with.
The trustees regularly review the specific requirements and expertise of the board in order to assess and identify areas where training may be required.
Organisational structure
The board of voluntary directors (the trustees) meets bi-monthly and oversees the general operations of the organisation. The general manager, assisted by his management team, has day to day responsibility of arena operations and activities.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number
05514272 (England and Wales)
Registered Charity number
1112764
Registered office
North Notts Community Arena Eastgate Worksop Nottinghamshire S80 1QS
Trustees
N Turner (resigned 30.4.21) D Payne D Layden A Dolby (appointed 10.2.21) I S Brewster (appointed 10.2.21)
Page 5
NORTH NOTTS COMMUNITY LEISURE LIMITED
Report of the Trustees for the Year Ended 31 March 2021
REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner
Graeme Richardson FCCA The Association of Chartered Certified Accountants Anderson & Company Pendennis House 169 Eastgate Worksop Nottinghamshire S80 1QS
Solicitors
Ilett & Clark 86 Bridge Street Worksop Nottinghamshire S80 1JF
Bankers
National Westminster Bank Plc Bridge Street Worksop Nottinghamshire S80 1DG
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
Approved by order of the board of trustees on 23 December 2021 and signed on its behalf by:
D Layden - Trustee
Page 6
Independent Examiner's Report to the Trustees of North Notts Community Leisure Limited
Independent examiner's report to the trustees of North Notts Community Leisure Limited ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2021.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
Page 7
Independent Examiner's Report to the Trustees of North Notts Community Leisure Limited
Independent examiner's statement
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of The Association of Chartered Certified Accountants which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
-
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Graeme Richardson FCCA The Association of Chartered Certified Accountants Anderson & Company Pendennis House 169 Eastgate Worksop Nottinghamshire S80 1QS
23 December 2021
Page 8
NORTH NOTTS COMMUNITY LEISURE LIMITED
Statement of Financial Activities for the Year Ended 31 March 2021
| Unrestricted funds Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 213,494 Charitable activities Bar & Catering 3,047 Bowls 1,598 Snooker 1,293 Arena activities 5,686 Special events (4,144) Membership 479 Technogym 63 Rents Received 1,800 Investment income 2 5 Total 223,321 EXPENDITURE ON Charitable activities Arena activities - Bar & catering 104,448 Arena 113,845 Total 218,293 NET INCOME/(EXPENDITURE) 5,028 RECONCILIATION OF FUNDS Total funds brought forward 11,952 TOTAL FUNDS CARRIED FORWARD 16,980 |
Restricted funds £ 95,950 - - - - - - - - - 95,950 - 2,941 - 2,941 93,009 1,829 94,838 |
2021 Total funds £ 309,444 3,047 1,598 1,293 5,686 (4,144) 479 63 1,800 5 319,271 - 107,389 113,845 221,234 98,037 13,781 111,818 |
2020 Total funds £ 951 183,205 61,774 30,639 29,769 144,178 13,313 1,037 6,600 2 471,468 1 278,844 208,632 487,477 (16,009) 29,790 13,781 |
|---|---|---|---|
The notes form part of these financial statements
Page 9
NORTH NOTTS COMMUNITY LEISURE LIMITED
Statement of Financial Position 31 March 2021
| Unrestricted funds Notes £ FIXED ASSETS Tangible assets 7 16,274 CURRENT ASSETS Stocks 8 3,040 Debtors 9 5,860 Cash at bank and in hand 58,359 67,259 CREDITORS Amounts falling due within one year 10 (26,553) NET CURRENT ASSETS 40,706 TOTAL ASSETS LESS CURRENT LIABILITIES 56,980 CREDITORS Amounts falling due after more than one year 11 (40,000) NET ASSETS 16,980 FUNDS 13 Unrestricted funds: General fund Restricted funds: LED Lighting PTC - CCLORS - Internet Cafe ESC Lottery Fund - Ventilation System TOTAL FUNDS |
Restricted funds £ 56,355 - 2,400 36,083 38,483 - 38,483 94,838 - 94,838 |
2021 Total funds £ 72,629 3,040 8,260 94,442 105,742 (26,553) 79,189 151,818 (40,000) 111,818 16,980 1,829 46,554 46,455 94,838 111,818 |
2020 Total funds £ 2,355 3,502 - 42,651 46,153 (34,727) 11,426 13,781 - 13,781 11,952 1,829 - - 1,829 13,781 |
|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2021.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2021 in accordance with Section 476 of the Companies Act 2006.
The notes form part of these financial statements
continued...
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NORTH NOTTS COMMUNITY LEISURE LIMITED
- Statement of Financial Position continued 31 March 2021
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 23 December 2021 and were signed on its behalf by:
D Layden - Trustee
A Dolby - Trustee
The notes form part of these financial statements
Page 11
NORTH NOTTS COMMUNITY LEISURE LIMITED
Statement of Cash Flows for the Year Ended 31 March 2021
| Notes Cash flows from operating activities Cash generated from operations 1 Net cash provided by/(used in) operating activities Cash flows from investing activities Purchase of tangible fixed assets Interest received Net cash (used in)/provided by investing activities Cash flows from financing activities New loans in year Net cash provided by financing activities Change in cash and cash equivalents in the reporting period Cash and cash equivalents at the beginning of the reporting period Cash and cash equivalents at the end of the reporting period |
2021 £ 76,491 76,491 (74,705) 5 (74,700) 50,000 50,000 51,791 42,651 94,442 |
2020 £ (26,459) (26,459) - 2 2 - - (26,457) 69,108 42,651 |
|---|---|---|
The notes form part of these financial statements
Page 12
NORTH NOTTS COMMUNITY LEISURE LIMITED
Notes to the Statement of Cash Flows for the Year Ended 31 March 2021
1. RECONCILIATION OF NET INCOME/(EXPENDITURE) TO NET CASH FLOW FROM OPERATING ACTIVITIES
| Net income/(expenditure) for the reporting period (as per the Statement of Financial Activities) Adjustments for: Depreciation charges Interest received Decrease in stocks (Increase)/decrease in debtors Decrease in creditors Net cash provided by/(used in) operations |
2021 £ 98,037 4,431 (5) 462 (8,260) (18,174) 76,491 |
2020 £ (16,009) 1,009 (2) 1,040 976 (13,473) (26,459) |
|---|---|---|
- ANALYSIS OF CHANGES IN NET FUNDS
| At 1.4.20 | Cash flow | At 31.3.21 | |
|---|---|---|---|
| £ | £ | £ | |
| Net cash | |||
| Cash at bank and in hand | 42,651 | 51,791 | 94,442 |
| 42,651 | 51,791 | 94,442 | |
| Debt | |||
| Debts falling due within 1 year | - | (10,000) | (10,000) |
| Debts falling due after 1 year | - | (40,000) | (40,000) |
| - | (50,000) | (50,000) | |
| Total | 42,651 | 1,791 | 44,442 |
The notes form part of these financial statements
Page 13
NORTH NOTTS COMMUNITY LEISURE LIMITED
Notes to the Financial Statements for the Year Ended 31 March 2021
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Allocation and apportionment of costs
Direct and administration costs have been allocated in accordance with income received from the Arena and Bar areas. The approximate allocation is therefore 60% Arena and 40% Bar.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on reducing balance
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
continued...
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NORTH NOTTS COMMUNITY LEISURE LIMITED
- Notes to the Financial Statements continued for the Year Ended 31 March 2021
1. ACCOUNTING POLICIES - continued
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
2. INVESTMENT INCOME
| Deposit account interest 3. NET INCOME/(EXPENDITURE) Net income/(expenditure) is stated after charging/(crediting): Depreciation - owned assets Other operating leases |
2021 £ 5 2021 £ 4,431 6,766 |
2020 £ 2 |
|---|---|---|
| 2020 £ 1,008 8,040 |
4. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2021 nor for the year ended 31 March 2020.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2021 nor for the year ended 31 March 2020.
Page 15
continued...
NORTH NOTTS COMMUNITY LEISURE LIMITED
- Notes to the Financial Statements continued for the Year Ended 31 March 2021
5. STAFF COSTS
The average monthly number of employees during the year was as follows:
| 2021 Directors 2 Administration and sales 13 15 No employees received emoluments in excess of £60,000. 6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted Restricted funds funds £ £ INCOME AND ENDOWMENTS FROM Donations and legacies 951 - Charitable activities Bar & Catering 183,205 - Bowls 61,774 - Snooker 30,639 - Arena activities 29,769 - Special events 144,178 - Membership 13,313 - Technogym 1,037 - Rents Received 6,600 - Investment income 2 - Total 471,468 - EXPENDITURE ON Charitable activities Arena activities 1 - Bar & catering 278,844 - Arena 208,632 - Total 487,477 - NET INCOME/(EXPENDITURE) (16,009) - RECONCILIATION OF FUNDS Total funds brought forward 27,961 1,829 |
2020 2 16 18 Total funds £ 951 183,205 61,774 30,639 29,769 144,178 13,313 1,037 6,600 2 471,468 1 278,844 208,632 487,477 (16,009) 29,790 |
|---|---|
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continued...
NORTH NOTTS COMMUNITY LEISURE LIMITED
- Notes to the Financial Statements continued for the Year Ended 31 March 2021
| 6. | COMPARATIVES FOR THE | STATEMENT OF FINANCIAL ACTIVITIES - continued | STATEMENT OF FINANCIAL ACTIVITIES - continued | STATEMENT OF FINANCIAL ACTIVITIES - continued | STATEMENT OF FINANCIAL ACTIVITIES - continued |
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | |||
| funds | funds | funds | |||
| £ | £ | £ | |||
| TOTAL FUNDS CARRIED | |||||
| FORWARD | 11,952 | 1,829 | 13,781 | ||
| 7. | TANGIBLE FIXED ASSETS | ||||
| Fixtures | |||||
| Plant and | and | Computer | |||
| machinery | fittings | equipment | Totals | ||
| £ | £ | £ | £ | ||
| COST | |||||
| At 1 April 2020 | 3,200 | 10,305 | 63,614 | 77,119 | |
| Additions | 62,705 | - | 12,000 | 74,705 | |
| At 31 March 2021 | 65,905 | 10,305 | 75,614 | 151,824 | |
| DEPRECIATION | |||||
| At 1 April 2020 | 2,970 | 10,304 | 61,490 | 74,764 | |
| Charge for year | 1,694 | - | 2,737 | 4,431 | |
| At 31 March 2021 | 4,664 | 10,304 | 64,227 | 79,195 | |
| NET BOOK VALUE | |||||
| At 31 March 2021 | 61,241 | 1 | 11,387 | 72,629 | |
| At 31 March 2020 | 230 | 1 | 2,124 | 2,355 | |
| 8. | STOCKS | ||||
| 2021 | 2020 | ||||
| £ | £ | ||||
| Stocks | 3,040 | 3,502 |
continued...
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NORTH NOTTS COMMUNITY LEISURE LIMITED
- Notes to the Financial Statements continued for the Year Ended 31 March 2021
| 9. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2021 £ VAT 8,260 10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2021 £ Bank loans and overdrafts (see note 12) 10,000 Trade creditors 2,256 Social security and other taxes 6,342 VAT - Accruals and deferred income 7,955 26,553 11. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR 2021 £ Bank loans (see note 12) 40,000 12. LOANS An analysis of the maturity of loans is given below: 2021 £ Amounts falling due within one year on demand: Bank loans 10,000 Amounts falling between one and two years: Bank loans - 1-2 years 10,000 Amounts falling due between two and five years: Bank loans - 2-5 years 30,000 |
2020 £ - 2020 £ - 15,368 6,960 5,643 6,756 |
2020 £ - |
|---|---|---|
| 34,727 | ||
| 2020 £ - |
||
| 2020 £ - |
||
| - | ||
| - |
continued...
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NORTH NOTTS COMMUNITY LEISURE LIMITED
- Notes to the Financial Statements continued for the Year Ended 31 March 2021
13. MOVEMENT IN FUNDS
| MOVEMENT IN FUNDS | |||||
|---|---|---|---|---|---|
| Net | Transfers | ||||
| movement | between | At | |||
| At 1.4.20 | in funds | funds | 31.3.21 | ||
| £ | £ | £ | £ | ||
| Unrestricted funds | |||||
| General fund | 11,952 | (206,972) | 212,000 | 16,980 | |
| ESC Lottery Fund | - | 10,000 | (10,000) | - | |
| ESC Lottery Fund - Return to Play | - | 48,000 | (48,000) | - | |
| Severn Trent | - | 2,000 | (2,000) | - | |
| Nottinghamshire CC - Local | |||||
| Communities Fund | - | 10,625 | (10,625) | - | |
| Bassetlaw DC - Local Business | |||||
| Support Grant | - | 22,393 | (22,393) | - | |
| HMRC Furlough Grant | - | 118,982 | (118,982) | - | |
| 11,952 | 5,028 | - | 16,980 | ||
| Restricted funds | |||||
| LED Lighting | 1,829 | - | - | 1,829 | |
| PTC - CCLORS - Internet Cafe | - | 46,554 | - | 46,554 | |
| ESC Lottery Fund - Ventilation System | - | 46,455 | - | 46,455 | |
| 1,829 | 93,009 | - | 94,838 | ||
| TOTAL FUNDS | 13,781 | 98,037 | - | 111,818 |
continued...
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NORTH NOTTS COMMUNITY LEISURE LIMITED - Notes to the Financial Statements continued for the Year Ended 31 March 2021
13. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Unrestricted funds General fund ESC Lottery Fund ESC Lottery Fund - Return to Play Severn Trent Nottinghamshire CC - Local Communities Fund Bassetlaw DC - Local Business Support Grant HMRC Furlough Grant Restricted funds PTC - CCLORS - Internet Cafe ESC Lottery Fund - Ventilation System TOTAL FUNDS |
Incoming resources £ 11,321 10,000 48,000 2,000 10,625 22,393 118,982 223,321 49,495 46,455 95,950 319,271 |
Resources Movement expended in funds £ £ (218,293) (206,972) - 10,000 - 48,000 - 2,000 - 10,625 - 22,393 - 118,982 (218,293) 5,028 (2,941) 46,554 - 46,455 (2,941) 93,009 (221,234) 98,037 |
|---|---|---|
Comparatives for movement in funds
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1.4.19 | in funds | 31.3.20 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 27,961 | (16,009) | 11,952 |
| Restricted funds | |||
| LED Lighting | 1,829 | - | 1,829 |
| TOTAL FUNDS | 29,790 | (16,009) | 13,781 |
continued...
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NORTH NOTTS COMMUNITY LEISURE LIMITED
- Notes to the Financial Statements continued for the Year Ended 31 March 2021
13. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming resources £ 471,468 471,468 |
Resources Movement expended in funds £ £ (487,477) (16,009) (487,477) (16,009) |
|---|---|---|
A current year 12 months and prior year 12 months combined position is as follows:
| Net | Transfers | ||||
|---|---|---|---|---|---|
| movement | between | At | |||
| At 1.4.19 | in funds | funds | 31.3.21 | ||
| £ | £ | £ | £ | ||
| Unrestricted funds | |||||
| General fund | 27,961 | (222,981) | 212,000 | 16,980 | |
| ESC Lottery Fund | - | 10,000 | (10,000) | - | |
| ESC Lottery Fund - Return to Play | - | 48,000 | (48,000) | - | |
| Severn Trent | - | 2,000 | (2,000) | - | |
| Nottinghamshire CC - Local | |||||
| Communities Fund | - | 10,625 | (10,625) | - | |
| Bassetlaw DC - Local Business | |||||
| Support Grant | - | 22,393 | (22,393) | - | |
| HMRC Furlough Grant | - | 118,982 | (118,982) | - | |
| 27,961 | (10,981) | - | 16,980 | ||
| Restricted funds | |||||
| LED Lighting | 1,829 | - | - | 1,829 | |
| PTC - CCLORS - Internet Cafe | - | 46,554 | - | 46,554 | |
| ESC Lottery Fund - Ventilation System | - | 46,455 | - | 46,455 | |
| 1,829 | 93,009 | - | 94,838 | ||
| TOTAL FUNDS | 29,790 | 82,028 | - | 111,818 |
continued...
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NORTH NOTTS COMMUNITY LEISURE LIMITED - Notes to the Financial Statements continued for the Year Ended 31 March 2021
13. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund ESC Lottery Fund ESC Lottery Fund - Return to Play Severn Trent Nottinghamshire CC - Local Communities Fund Bassetlaw DC - Local Business Support Grant HMRC Furlough Grant Restricted funds PTC - CCLORS - Internet Cafe ESC Lottery Fund - Ventilation System TOTAL FUNDS |
Incoming resources £ 482,789 10,000 48,000 2,000 10,625 22,393 118,982 694,789 49,495 46,455 95,950 790,739 |
Resources Movement expended in funds £ £ (705,770) (222,981) - 10,000 - 48,000 - 2,000 - 10,625 - 22,393 - 118,982 (705,770) (10,981) (2,941) 46,554 - 46,455 (2,941) 93,009 (708,711) 82,028 |
|---|---|---|
14. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2021.
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NORTH NOTTS COMMUNITY LEISURE LIMITED
Detailed Statement of Financial Activities for the Year Ended 31 March 2021
| INCOME AND ENDOWMENTS Donations and legacies Donations Grants Investment income Deposit account interest Charitable activities Charitable activity income Total incoming resources EXPENDITURE Charitable activities Wages Social security Pensions Other operating leases Rates and water Insurance Light and heat Telephone Opening Bar Stock Bar Purchases Closing Bar Stock Repairs & maintenance Other establishment costs Other office costs Plant and machinery Support costs Governance costs Accountancy & book keeping Carried forward |
2021 £ 1,243 308,201 309,444 5 9,822 319,271 137,434 2,033 936 6,766 3,040 10,840 16,312 417 3,502 9,418 (3,040) 12,494 3,840 8,896 4,431 217,319 2,970 2,970 |
2020 £ 950 1 951 2 470,515 471,468 178,525 6,973 1,549 8,040 12,306 11,205 28,120 1,338 4,542 192,626 (3,502) 12,180 2,840 24,360 1,009 482,111 4,690 4,690 |
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This page does not form part of the statutory financial statements
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NORTH NOTTS COMMUNITY LEISURE LIMITED
Detailed Statement of Financial Activities for the Year Ended 31 March 2021
| Governance costs Brought forward Payroll processing fees Total resources expended Net income/(expenditure) |
2021 £ 2,970 945 3,915 221,234 98,037 |
2020 £ 4,690 676 5,366 487,477 (16,009) |
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This page does not form part of the statutory financial statements
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