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 2023
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 2023
| 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 2023
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 2023. 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 2023
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 17 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, and now the new craze of bingo loco and mind, body & soul events.
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 carried on 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 Framework Eastgate Day Care Centre North Notts College Autism East Midlands
Page 2
NORTH NOTTS COMMUNITY LEISURE LIMITED
Report of the Trustees for the Year Ended 31 March 2023
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 with a new general heating system in the reception and corridor areas, general cosmetic works and new televisions in the bar area. 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 North Notts Business Connections North Notts Bid Acme Martial Arts Bassetlaw District Council Worksop Radio Controlled Car Club 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 Zebra Dance School 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
Page 3
NORTH NOTTS COMMUNITY LEISURE LIMITED
Report of the Trustees for the Year Ended 31 March 2023
Rufford Forest Hill Heartbeatz Bassetlaw Cardiac Rehabilitation Bassetlaw Rehabilitation COPD Group 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.
Again, 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. Money has been assigned to carry out roof repairs and a replacement roof on the corridor and the replacement of the last wooden windows to be changed to UPVC in Summer 2023.
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 2023
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
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 2023
REFERENCE AND ADMINISTRATIVE DETAILS
Independent Examiner
Graeme Richardson FCCA 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 1 September 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 2023.
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 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
Anderson & Company Pendennis House 169 Eastgate Worksop Nottinghamshire S80 1QS
1 September 2023
Page 8
NORTH NOTTS COMMUNITY LEISURE LIMITED
Statement of Financial Activities for the Year Ended 31 March 2023
| Unrestricted funds Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 2 9,132 Charitable activities 4 Bar & Catering 198,761 Bowls 66,851 Snooker 37,088 Arena activities 58,985 Special events 124,974 Membership 12,436 Investment income 3 121 Total 508,348 EXPENDITURE ON Charitable activities 5 Bar & catering 358,106 Arena 153,216 Total 511,322 NET INCOME/(EXPENDITURE) (2,974) RECONCILIATION OF FUNDS Total funds brought forward 46,241 TOTAL FUNDS CARRIED FORWARD 43,267 |
Restricted funds £ - - - - - - - - - 2,079 10,269 12,348 (12,348) 55,328 42,980 |
2023 Total funds £ 9,132 198,761 66,851 37,088 58,985 124,974 12,436 121 508,348 360,185 163,485 523,670 (15,322) 101,569 86,247 |
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) 111,818 101,569 |
|---|---|---|---|
The notes form part of these financial statements
Page 9
NORTH NOTTS COMMUNITY LEISURE LIMITED
Statement of Financial Position 31 March 2023
| Unrestricted funds Notes £ FIXED ASSETS Tangible assets 11 7,974 CURRENT ASSETS Stocks 12 5,260 Cash at bank and in hand 99,424 104,684 CREDITORS Amounts falling due within one year 13 (34,851) NET CURRENT ASSETS 69,833 TOTAL ASSETS LESS CURRENT LIABILITIES 77,807 CREDITORS Amounts falling due after more than one year 14 (34,540) NET ASSETS 43,267 FUNDS 16 Unrestricted funds: General fund Restricted funds: PTC - CCLORS - Internet Cafe ESC Lottery Fund - Ventilation System TOTAL FUNDS |
Restricted funds £ 28,812 - 14,168 14,168 - 14,168 42,980 - 42,980 |
2023 Total funds £ 36,786 5,260 113,592 118,852 (34,851) 84,001 120,787 (34,540) 86,247 43,267 19,019 23,961 42,980 86,247 |
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 |
|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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 2023
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 1 September 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 2023
| Notes Cash flows from operating activities Cash generated from operations 1 Interest paid Net cash (used in)/provided by operating activities Cash flows from investing activities Purchase of tangible fixed assets Interest received Net cash provided by/(used in) investing activities Cash flows from financing activities Loan capital repayments in Net cash used in 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 |
2023 £ (12,095) (839) (12,934) - 121 121 (5,387) (5,387) (18,200) 131,792 113,592 |
2022 £ 45,862 (1,183) 44,679 (2,445) 10 (2,435) (4,894) (4,894) 37,350 94,442 131,792 |
|---|---|---|
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 2023
1. RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING ACTIVITIES
| Net expenditure for the reporting period (as per the Statement of Financial Activities) Adjustments for: Depreciation charges Interest received Interest paid Increase in stocks Decrease in debtors (Decrease)/increase in creditors Net cash (used in)/provided by operations |
2023 £ (15,322) 15,765 (121) 839 (1,242) - (12,014) (12,095) |
2022 £ (10,249) 22,522 (10) 1,183 (978) 8,260 25,134 45,862 |
|---|---|---|
2. ANALYSIS OF CHANGES IN NET FUNDS
| At 1.4.22 | Cash flow | At 31.3.23 | |
|---|---|---|---|
| £ | £ | £ | |
| Net cash | |||
| Cash at bank and in hand | 131,792 | (18,200) | 113,592 |
| 131,792 | (18,200) | 113,592 | |
| Debt | |||
| Debts falling due within 1 year | (5,018) | (160) | (5,178) |
| Debts falling due after 1 year | (40,088) | 5,548 | (34,540) |
| (45,106) | 5,388 | (39,718) | |
| Total | 86,686 | (12,812) | 73,874 |
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 2023
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 2023
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. DONATIONS AND LEGACIES
| Donations Grants Grants received, included in the above, are as follows: Bassetlaw District Council Nottinghamshire County Council HMRC Furlough Grant Bassetlaw District Council - Restart Grant Worksop Chartered Trustees Grant 3. INVESTMENT INCOME Deposit account interest |
2023 £ 1,333 7,799 9,132 2023 £ 5,264 1,785 - - 750 7,799 2023 £ 121 |
2022 £ 957 39,995 |
|---|---|---|
| 40,952 | ||
| 2022 £ 18,000 - 15,995 6,000 - |
||
| 39,995 | ||
| 2022 £ 10 |
Page 15
continued...
NORTH NOTTS COMMUNITY LEISURE LIMITED
- Notes to the Financial Statements continued for the Year Ended 31 March 2023
4. INCOME FROM CHARITABLE ACTIVITIES
| Activity Charitable activity income Bar & Catering Charitable activity income Bowls Charitable activity income Snooker Charitable activity income Arena activities Charitable activity income Special events Charitable activity income Membership CHARITABLE ACTIVITIES COSTS Bar & catering Arena SUPPORT COSTS Bar & catering Arena |
Direct Costs £ 356,856 159,750 516,606 |
2023 2022 £ £ 198,761 164,208 66,851 58,851 37,088 27,842 58,985 44,736 124,974 81,765 12,436 11,656 499,095 389,058 Support costs (see note 6) Totals £ £ 3,329 360,185 3,735 163,485 7,064 523,670 Governance costs £ 3,329 3,735 7,064 |
|---|---|---|
5. CHARITABLE ACTIVITIES COSTS
6. SUPPORT COSTS
7. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
| 2023 | 2022 | |
|---|---|---|
| £ | £ | |
| Depreciation - owned assets | 15,766 | 22,522 |
| Other operating leases | 9,706 | 7,079 |
Page 16
continued...
NORTH NOTTS COMMUNITY LEISURE LIMITED
- Notes to the Financial Statements continued for the Year Ended 31 March 2023
8. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2023 nor for the year ended 31 March 2022.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2023 nor for the year ended 31 March 2022.
9. STAFF COSTS
| Wages and salaries Social security costs Other pension costs |
2023 £ 190,589 5,740 1,936 198,265 |
2022 £ 157,163 3,908 1,478 |
|---|---|---|
| 162,549 |
The average monthly number of employees during the year was as follows:
| 2023 Directors 1 Administration and sales 15 16 No employees received emoluments in excess of £60,000. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted Restricted funds funds £ £ 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 - Investment income 10 - Total 430,020 - |
2022 1 14 15 Total funds £ 40,952 164,208 58,851 27,842 44,736 81,765 11,656 10 |
|---|---|
| 430,020 |
10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
continued...
Page 17
NORTH NOTTS COMMUNITY LEISURE LIMITED
- Notes to the Financial Statements continued for the Year Ended 31 March 2023
| 10. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued |
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | |||
| funds | funds | funds | |||
| £ | £ | £ | |||
| EXPENDITURE ON | |||||
| Charitable activities | |||||
| Bar & catering | 268,001 | 25,456 | 293,457 | ||
| Arena | 132,142 | 14,670 | 146,812 | ||
| Total | 400,143 | 40,126 | 440,269 | ||
| NET INCOME/(EXPENDITURE) | 29,877 | (40,126) | (10,249) | ||
| Transfers between funds | (616) | 616 | - | ||
| Net movement in funds | 29,261 | (39,510) | (10,249) | ||
| RECONCILIATION OF FUNDS | |||||
| Total funds brought forward | 16,980 | 94,838 | 111,818 | ||
| TOTAL FUNDS CARRIED | |||||
| FORWARD | 46,241 | 55,328 | 101,569 | ||
| 11. | TANGIBLE FIXED ASSETS | ||||
| Fixtures | |||||
| Plant and | and | Computer | |||
| machinery | fittings | equipment | Totals | ||
| £ | £ | £ | £ | ||
| COST | |||||
| At 1 April 2022 and 31 March 2023 | 68,350 | 10,305 | 75,614 | 154,269 | |
| DEPRECIATION | |||||
| At 1 April 2022 | 23,770 | 10,304 | 67,643 | 101,717 | |
| Charge for year | 13,374 | - | 2,392 | 15,766 | |
| At 31 March 2023 | 37,144 | 10,304 | 70,035 | 117,483 | |
| NET BOOK VALUE | |||||
| At 31 March 2023 | 31,206 | 1 | 5,579 | 36,786 | |
| At 31 March 2022 | 44,580 | 1 | 7,971 | 52,552 |
continued...
Page 18
NORTH NOTTS COMMUNITY LEISURE LIMITED
- Notes to the Financial Statements continued for the Year Ended 31 March 2023
| 12. STOCKS 2023 £ Stocks 5,260 13. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2023 £ Bank loans and overdrafts (see note 15) 5,178 Trade creditors 14,765 Social security and other taxes 2,930 VAT 7,294 Accruals and deferred income 4,684 34,851 14. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR 2023 £ Bank loans (see note 15) 34,540 15. LOANS An analysis of the maturity of loans is given below: 2023 £ Amounts falling due within one year on demand: Bank loans 5,178 Amounts falling between one and two years: Bank loans - 1-2 years 5,328 Amounts falling due between two and five years: Bank loans - 2-5 years 16,883 Amounts falling due in more than five years: Repayable by instalments: Bank loans more 5 yr by instal 12,329 |
2022 £ 4,018 2022 £ 5,018 23,680 4,681 4,740 8,586 |
2022 £ 4,018 |
|---|---|---|
| 46,705 | ||
| 2022 £ 40,088 |
||
| 2022 £ 5,018 |
||
| 5,177 | ||
| 16,483 | ||
| 18,428 |
continued...
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NORTH NOTTS COMMUNITY LEISURE LIMITED
- Notes to the Financial Statements continued for the Year Ended 31 March 2023
16. MOVEMENT IN FUNDS
| Unrestricted funds General fund Nottinghamshire CC - Local Communities Fund Bassetlaw DC - Local Business Support Grant Worksop Chartered Trustees - Disabled Blast Grant Restricted funds PTC - CCLORS - Internet Cafe ESC Lottery Fund - Ventilation System TOTAL FUNDS Net movement in funds, included in the above Unrestricted funds General fund Nottinghamshire CC - Local Communities Fund Bassetlaw DC - Local Business Support Grant Worksop Chartered Trustees - Disabled Blast Grant Restricted funds PTC - CCLORS - Internet Cafe ESC Lottery Fund - Ventilation System TOTAL FUNDS |
At 1.4.22 £ 46,241 - - - 46,241 21,098 34,230 55,328 101,569 are as follows: |
Net movement in funds £ (10,773) 1,785 5,264 750 (2,974) (2,079) (10,269) (12,348) (15,322) Incoming resources £ 500,549 1,785 5,264 750 508,348 - - - 508,348 |
Transfers between At funds 31.3.23 £ £ 7,799 43,267 (1,785) - (5,264) - (750) - - 43,267 - 19,019 - 23,961 - 42,980 - 86,247 Resources Movement expended in funds £ £ (511,322) (10,773) - 1,785 - 5,264 - 750 (511,322) (2,974) (2,079) (2,079) (10,269) (10,269) (12,348) (12,348) (523,670) (15,322) |
|---|---|---|---|
continued...
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NORTH NOTTS COMMUNITY LEISURE LIMITED
- Notes to the Financial Statements continued for the Year Ended 31 March 2023
16. MOVEMENT IN FUNDS - continued
Comparatives for 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 Comparative net movement in funds, included Unrestricted funds General fund HMRC Furlough Grant BDC Restart Grant Restricted funds PTC - CCLORS - Internet Cafe ESC Lottery Fund - Ventilation System TOTAL FUNDS |
Net movement At 1.4.21 in funds £ £ 16,980 (10,118) - 15,995 - 24,000 16,980 29,877 1,829 - 46,554 (25,456) 46,455 (14,670) 94,838 (40,126) 111,818 (10,249) in the above are as follows: 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 21
NORTH NOTTS COMMUNITY LEISURE LIMITED
- Notes to the Financial Statements continued for the Year Ended 31 March 2023
16. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund Nottinghamshire CC - Local Communities Fund Bassetlaw DC - Local Business Support Grant HMRC Furlough Grant BDC Restart Grant Worksop Chartered Trustees - Disabled Blast Grant Restricted funds LED Lighting 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 |
Net movement in funds £ (20,891) 1,785 5,264 15,995 24,000 750 26,903 - (27,535) (24,939) (52,474) (25,571) |
Transfers between funds £ 47,178 (1,785) (5,264) (15,995) (24,000) (750) (616) (1,829) - 2,445 616 - |
At 31.3.23 £ 43,267 - - - - - |
|---|---|---|---|---|
| 43,267 - 19,019 23,961 |
||||
| 42,980 | ||||
| 86,247 |
continued...
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NORTH NOTTS COMMUNITY LEISURE LIMITED
- Notes to the Financial Statements continued for the Year Ended 31 March 2023
16. 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 Nottinghamshire CC - Local Communities Fund Bassetlaw DC - Local Business Support Grant HMRC Furlough Grant BDC Restart Grant Worksop Chartered Trustees - Disabled Blast Grant Restricted funds PTC - CCLORS - Internet Cafe ESC Lottery Fund - Ventilation System TOTAL FUNDS |
Incoming resources £ 890,574 1,785 5,264 15,995 24,000 750 938,368 - - - 938,368 |
Resources Movement expended in funds £ £ (911,465) (20,891) - 1,785 - 5,264 - 15,995 - 24,000 - 750 (911,465) 26,903 (27,535) (27,535) (24,939) (24,939) (52,474) (52,474) (963,939) (25,571) |
|---|---|---|
17. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2023.
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NORTH NOTTS COMMUNITY LEISURE LIMITED
Detailed Statement of Financial Activities for the Year Ended 31 March 2023
| 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 |
2023 £ 1,333 7,799 9,132 121 499,095 508,348 190,589 5,740 1,936 9,706 14,557 10,948 52,396 2,499 4,018 172,074 (5,260) 14,371 21,270 - 5,997 15,765 516,606 5,450 5,450 |
2022 £ 957 39,995 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 |
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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 2023
| Governance costs Brought forward Payroll processing fees Bank loan interest Total resources expended Net expenditure |
2023 £ 5,450 775 839 7,064 523,670 (15,322) |
2022 £ 4,800 945 1,183 6,928 440,269 (10,249) |
|---|---|---|
This page does not form part of the statutory financial statements
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