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 2022
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 2022
| 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 23 |
| Detailed Statement of Financial Activities | 24 to 25 |
NORTH NOTTS COMMUNITY LEISURE LIMITED
Report of the Trustees for the Year Ended 31 March 2022
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 2022. 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 2022
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 16 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.
Now that Covid isn't at the forefront we have established regular and new business since reopening our doors in May 2021.
In any leisure business 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 other's roles and were able to be multi-functional when called upon and well needed amongst a small work force.
As always, the response of the 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 Greenacre Day Care Centre Worksop Harriers Bassetlaw Indoor Bowls Club Worksop and District Snooker League Worksop Town FC Framework Eastgate Day Care Centre North Notts College
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NORTH NOTTS COMMUNITY LEISURE LIMITED
Report of the Trustees for the Year Ended 31 March 2022
In Conclusion
This annual report gives information on the work of the charity over the past twelve months. During this period the Arena worked 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 marquee, purpose-built bar and further cosmetic works to the entrance area 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 Aurora Active @ Arena Acme Martial Arts Bassetlaw District Council Worksop Radio Controlled Car Club Nottinghamshire Primary Schools Football Association The Arena World Snooker Junior Snooker Academy Worksop Town Junior Football Liam Palmer Soccer School Worksop Boys Club Junior Football Rebecca's Dance School Courtney's School of Dance 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
Specialist Groups
Mencap Greenacre Eastgate Victoria Gateford Hill Head Over Heels Gymnastics Eden Hamilton Lodge Boundary Rufford Forest Hill Heartbeatz Bassetlaw Cardiac Rehabilitation Bassetlaw Rehabilitation COPD Group
Page 3
NORTH NOTTS COMMUNITY LEISURE LIMITED
Report of the Trustees for the Year Ended 31 March 2022
Bassetlaw Learning Centre Worksop's Got Talent Worksop Festival of Remembrance FOYPIB
North Notts College - fashion show, activity sessions, sports department
FUTURE PLANS
The Arena will continue in their quest to access further funding.
After conducting our Customer Survey, and having carried out much needed cosmetic decor upgrades, we have identified much needed improvements to the car-park, entrance, reception area walls, corridor, roof and inefficient heating as priorities. The general manager still 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 2022
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 I S Brewster
Page 5
NORTH NOTTS COMMUNITY LEISURE LIMITED
Report of the Trustees for the Year Ended 31 March 2022
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 January 2023 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 2022.
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 January 2023
Page 8
NORTH NOTTS COMMUNITY LEISURE LIMITED
Statement of Financial Activities for the Year Ended 31 March 2022
| Unrestricted funds Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 40,952 Charitable activities Bar & Catering 164,208 Bowls 58,851 Snooker 27,842 Arena activities 44,736 Special events 81,765 Membership 11,656 Technogym - Rents Received - Investment income 2 10 Total 430,020 EXPENDITURE ON Charitable activities Bar & catering 268,001 Arena 132,142 Total 400,143 NET INCOME/(EXPENDITURE) 29,877 Transfers between funds 13 (616) Net movement in funds 29,261 RECONCILIATION OF FUNDS Total funds brought forward 16,980 TOTAL FUNDS CARRIED FORWARD 46,241 |
Restricted funds £ - - - - - - - - - - - 25,456 14,670 40,126 (40,126) 616 (39,510) 94,838 55,328 |
2022 Total funds £ 40,952 164,208 58,851 27,842 44,736 81,765 11,656 - - 10 430,020 293,457 146,812 440,269 (10,249) - (10,249) 111,818 101,569 |
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 - 98,037 13,781 111,818 |
|---|---|---|---|
The notes form part of these financial statements
Page 9
NORTH NOTTS COMMUNITY LEISURE LIMITED
Statement of Financial Position 31 March 2022
| Unrestricted funds Notes £ FIXED ASSETS Tangible assets 7 11,392 CURRENT ASSETS Stocks 8 4,018 Debtors 9 - Cash at bank and in hand 117,624 121,642 CREDITORS Amounts falling due within one year 10 (46,705) NET CURRENT ASSETS 74,937 TOTAL ASSETS LESS CURRENT LIABILITIES 86,329 CREDITORS Amounts falling due after more than one year 11 (40,088) NET ASSETS 46,241 FUNDS 13 Unrestricted funds: General fund Restricted funds: LED Lighting PTC - CCLORS - Internet Cafe ESC Lottery Fund - Ventilation System TOTAL FUNDS |
Restricted funds £ 41,160 - - 14,168 14,168 - 14,168 55,328 - 55,328 |
2022 Total funds £ 52,552 4,018 - 131,792 135,810 (46,705) 89,105 141,657 (40,088) 101,569 46,241 - 21,098 34,230 55,328 101,569 |
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 |
|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.
The notes form part of these financial statements
continued...
Page 10
NORTH NOTTS COMMUNITY LEISURE LIMITED
- Statement of Financial Position continued 31 March 2022
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 January 2023 and were signed on its behalf by:
D Layden - 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 2022
| Notes Cash flows from operating activities Cash generated from operations 1 Interest paid Net cash provided by operating activities Cash flows from investing activities Purchase of tangible fixed assets Interest received Net cash used in investing activities Cash flows from financing activities New loans in year Loan capital repayments in Net cash (used in)/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 |
2022 £ 45,862 (1,183) 44,679 (2,445) 10 (2,435) - (4,894) (4,894) 37,350 94,442 131,792 |
2021 £ 76,491 - 76,491 (74,705) 5 (74,700) 50,000 - 50,000 51,791 42,651 94,442 |
|---|---|---|
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 2022
1. RECONCILIATION OF NET (EXPENDITURE)/INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
| OPERATING ACTIVITIES | ||||
|---|---|---|---|---|
| 2022 | 2021 | |||
| £ | £ | |||
| Net (expenditure)/income for the reporting period (as per the | ||||
| Statement of Financial Activities) | (10,249) | 98,037 | ||
| Adjustments for: | ||||
| Depreciation charges | 22,522 | 4,431 | ||
| Interest received | (10) | (5) | ||
| Interest paid | 1,183 | - | ||
| (Increase)/decrease in stocks | (978) | 462 | ||
| Decrease/(increase) in debtors | 8,260 | (8,260) | ||
| Increase/(decrease) in creditors | 25,134 | (18,174) | ||
| Net cash provided by operations | 45,862 | 76,491 | ||
| ANALYSIS OF CHANGES IN NET FUNDS | ||||
| At 1.4.21 | Cash flow | At 31.3.22 | ||
| £ | £ | £ | ||
| Net cash | ||||
| Cash at bank and in hand | 94,442 | 37,350 | 131,792 | |
| 94,442 | 37,350 | 131,792 | ||
| Debt | ||||
| Debts falling due within 1 year | (10,000) | 4,982 | (5,018) | |
| Debts falling due after 1 year | (40,000) | (88) | (40,088) | |
| (50,000) | 4,894 | (45,106) | ||
| Total | 44,442 | 42,244 | 86,686 |
- ANALYSIS OF CHANGES IN NET FUNDS
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 2022
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 2022
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
| 2022 £ Deposit account interest 10 3. NET INCOME/(EXPENDITURE) Net income/(expenditure) is stated after charging/(crediting): 2022 £ Depreciation - owned assets 22,522 Other operating leases 7,079 |
2021 £ 5 |
|---|---|
| 2021 £ 4,431 6,766 |
4. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2022 nor for the year ended 31 March 2021.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2022 nor for the year ended 31 March 2021.
Page 15
continued...
NORTH NOTTS COMMUNITY LEISURE LIMITED
- Notes to the Financial Statements continued for the Year Ended 31 March 2022
5. STAFF COSTS
The average monthly number of employees during the year was as follows:
| 2022 Directors 1 Administration and sales 14 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 213,494 95,950 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 5 - Total 223,321 95,950 EXPENDITURE ON Charitable activities Bar & catering 104,448 2,941 Arena 113,845 - Total 218,293 2,941 NET INCOME 5,028 93,009 RECONCILIATION OF FUNDS Total funds brought forward 11,952 1,829 |
2021 2 13 15 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 |
|---|---|
Page 16
continued...
NORTH NOTTS COMMUNITY LEISURE LIMITED
- Notes to the Financial Statements continued for the Year Ended 31 March 2022
6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
| Unrestricted | Restricted | Total | |||
|---|---|---|---|---|---|
| funds | funds | funds | |||
| £ | £ | £ | |||
| TOTAL FUNDS CARRIED | |||||
| FORWARD | 16,980 | 94,838 | 111,818 | ||
| 7. | TANGIBLE FIXED ASSETS | ||||
| Fixtures | |||||
| Plant and | and | Computer | |||
| machinery | fittings | equipment | Totals | ||
| £ | £ | £ | £ | ||
| COST | |||||
| At 1 April 2021 | 65,905 | 10,305 | 75,614 | 151,824 | |
| Additions | 2,445 | - | - | 2,445 | |
| At 31 March 2022 | 68,350 | 10,305 | 75,614 | 154,269 | |
| DEPRECIATION | |||||
| At 1 April 2021 | 4,664 | 10,304 | 64,227 | 79,195 | |
| Charge for year | 19,106 | - | 3,416 | 22,522 | |
| At 31 March 2022 | 23,770 | 10,304 | 67,643 | 101,717 | |
| NET BOOK VALUE | |||||
| At 31 March 2022 | 44,580 | 1 | 7,971 | 52,552 | |
| At 31 March 2021 | 61,241 | 1 | 11,387 | 72,629 | |
| 8. | STOCKS | ||||
| 2022 | 2021 | ||||
| £ | £ | ||||
| Stocks | 4,018 | 3,040 |
continued...
Page 17
NORTH NOTTS COMMUNITY LEISURE LIMITED
- Notes to the Financial Statements continued for the Year Ended 31 March 2022
| 9. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2022 £ VAT - 10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2022 £ Bank loans and overdrafts (see note 12) 5,018 Trade creditors 23,680 Social security and other taxes 4,681 VAT 4,740 Accruals and deferred income 8,586 46,705 11. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR 2022 £ Bank loans (see note 12) 40,088 12. LOANS An analysis of the maturity of loans is given below: 2022 £ Amounts falling due within one year on demand: Bank loans 5,018 Amounts falling between one and two years: Bank loans - 1-2 years 5,177 Amounts falling due between two and five years: Bank loans - 2-5 years 16,483 Amounts falling due in more than five years: Repayable by instalments: Bank loans more 5 yr by instal 18,428 |
2021 £ 8,260 2021 £ 10,000 2,256 6,342 - 7,955 |
2021 £ 8,260 |
|---|---|---|
| 26,553 | ||
| 2021 £ 40,000 |
||
| 2021 £ 10,000 |
||
| 10,000 | ||
| 30,000 | ||
| - |
continued...
Page 18
NORTH NOTTS COMMUNITY LEISURE LIMITED
- Notes to the Financial Statements continued for the Year Ended 31 March 2022
13. MOVEMENT IN FUNDS
| Unrestricted funds General fund HMRC Furlough Grant BDC Restart Grant Restricted funds LED Lighting PTC - CCLORS - Internet Cafe ESC Lottery Fund - Ventilation System TOTAL FUNDS Net movement in funds, included in the above Unrestricted funds General fund HMRC Furlough Grant BDC Restart Grant Restricted funds PTC - CCLORS - Internet Cafe ESC Lottery Fund - Ventilation System TOTAL FUNDS |
At 1.4.21 £ 16,980 - - 16,980 1,829 46,554 46,455 94,838 111,818 are as follows: |
Net movement in funds £ (10,118) 15,995 24,000 29,877 - (25,456) (14,670) (40,126) (10,249) Incoming resources £ 390,025 15,995 24,000 430,020 - - - 430,020 |
Transfers between At funds 31.3.22 £ £ 39,379 46,241 (15,995) - (24,000) - (616) 46,241 (1,829) - - 21,098 2,445 34,230 616 55,328 - 101,569 Resources Movement expended in funds £ £ (400,143) (10,118) - 15,995 - 24,000 (400,143) 29,877 (25,456) (25,456) (14,670) (14,670) (40,126) (40,126) (440,269) (10,249) |
|---|---|---|---|
continued...
Page 19
NORTH NOTTS COMMUNITY LEISURE LIMITED
- Notes to the Financial Statements continued for the Year Ended 31 March 2022
13. MOVEMENT IN FUNDS - continued
Comparatives for 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...
Page 20
NORTH NOTTS COMMUNITY LEISURE LIMITED
- Notes to the Financial Statements continued for the Year Ended 31 March 2022
13. MOVEMENT IN FUNDS - continued
Comparative 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 |
|---|---|---|
continued...
Page 21
NORTH NOTTS COMMUNITY LEISURE LIMITED - Notes to the Financial Statements continued for the Year Ended 31 March 2022
13. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is 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 BDC Restart Grant Restricted funds LED Lighting PTC - CCLORS - Internet Cafe ESC Lottery Fund - Ventilation System TOTAL FUNDS |
At 1.4.20 £ 11,952 - - - - - - - 11,952 1,829 - - 1,829 13,781 |
Net movement in funds £ (217,090) 10,000 48,000 2,000 10,625 22,393 134,977 24,000 34,905 - 21,098 31,785 52,883 87,788 |
Transfers between funds £ 251,379 (10,000) (48,000) (2,000) (10,625) (22,393) (134,977) (24,000) (616) (1,829) - 2,445 616 - |
At 31.3.22 £ 46,241 - - - - - - - |
|---|---|---|---|---|
| 46,241 - 21,098 34,230 |
||||
| 55,328 | ||||
| 101,569 |
continued...
Page 22
NORTH NOTTS COMMUNITY LEISURE LIMITED - Notes to the Financial Statements continued for the Year Ended 31 March 2022
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 BDC Restart Grant Restricted funds PTC - CCLORS - Internet Cafe ESC Lottery Fund - Ventilation System TOTAL FUNDS |
Incoming resources £ 401,346 10,000 48,000 2,000 10,625 22,393 134,977 24,000 653,341 49,495 46,455 95,950 749,291 |
Resources Movement expended in funds £ £ (618,436) (217,090) - 10,000 - 48,000 - 2,000 - 10,625 - 22,393 - 134,977 - 24,000 (618,436) 34,905 (28,397) 21,098 (14,670) 31,785 (43,067) 52,883 (661,503) 87,788 |
|---|---|---|
14. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2022.
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NORTH NOTTS COMMUNITY LEISURE LIMITED
Detailed Statement of Financial Activities for the Year Ended 31 March 2022
| 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 Motor vehicle expenses Other office costs Plant and machinery Support costs Governance costs Accountancy & book keeping Carried forward |
2022 £ 955 39,997 40,952 10 389,058 430,020 157,163 3,908 1,478 7,079 10,053 10,850 34,718 2,898 3,040 121,221 (4,018) 13,119 40,246 37 9,027 22,522 433,341 4,800 4,800 |
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 |
|---|---|---|
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 2022
| Detailed Statement of Financial Activities for the Year Ended 31 March 2022 |
||
|---|---|---|
| Governance costs Brought forward Payroll processing fees Bank loan interest Total resources expended Net (expenditure)/income |
2022 £ 4,800 945 1,183 6,928 440,269 (10,249) |
2021 £ 2,970 945 - |
| 3,915 | ||
| 221,234 | ||
| 98,037 |
This page does not form part of the statutory financial statements
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