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|CONTENTS|PAGE|
|---|---|
|Welcomefromthe ChiefExecutive|3|
|Trustees' Annual Report|4|
|IndependentAuditor's report tothe members|`15`|
|Consolidated StatementofFinancial Activities|`18`|
|Group and Charity Balance Sheets|`19`|
|Consolidated StatementofCash Flows|`21`|
|Notestothefinancial statements|`22`|





|REFERENCE AND ADMINISTRATION DETAILS forthe year ended 31 March 2021|REFERENCE AND ADMINISTRATION DETAILS forthe year ended 31 March 2021|REFERENCE AND ADMINISTRATION DETAILS forthe year ended 31 March 2021|
|---|---|---|
|**Trustees** & **Directors**|Sarah Howard MBE (Chair)||
||David Howells (Vice Chair)||
||Simon Burton||
||TerryClements (resigned 28 September 2020)||
||Anne Greenfield (resigned 28 May 2021)||
||Marie Mills||
||TimothyMutum||
||John Turnbull||
||Sir RobertWales||
||LoisWreathall (resigned 1 February 2021)||
||David Wright||
|**Chief Executive**|Warren Smyth||
|**Company Secretary**|Lynda Pope FCCA||
|**Registered Office**|Abbeycroft Leisure||
||Haverhill Leisure Centre||
||Ehringshausen Way||
||Haverhill||
||Suffolk||
||CB9 OER||
|**Auditors**|RSM UK Audit LLP||
||Blenheim House||
||Newmarket Road||
||Bury St Edmunds||
||Suffolk||
||IP33 3SB||
|**Bankers**|National Westminster Bank PLC|Lloyds Bank|
||7 Cornhill|30 Market Hill|
||BurySt Edmunds|Sudbury|
||Suffolk|COlO 2EL|
||IP33 lAX||
|**Solicitors**|Winckworth Sherwood|Ashtons Legal|
||Minerva House|Fornham Business Court|
||5 Montague Close|The Log Barn|
||London|Fornham StMartin|
||SEl 9BB|IP311SL|
|**Senior Managers**|||
|**The Leadership Team consists of**|||
|**the following posts:**|||
|**Chief Executive**|Warren Smyth||
|**Strategic Director**|Karen Points||
|**Finance Director**|Lynda Pope FCCA||
|**Operations Director**|Tracey Loynds||
|**Operations Director**|Alison Blackwell||





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|Risk Category|Risk Description|Relevant Principal Risk|
|---|---|---|
|Liquidity|Significantlyreducedtrading and periods oflockdown over 2020/21|Liquidity& Funding|
||and 2021/22 impactthe organisation'sabilityto hold sufficientcash||
||reservesto meet its obligations andthreaten ongoing viability.||
||Funding streamsand businessrecoverysince opening are positively||
||impactingontheorganisation's cash reservesenabling itto meetits||
||obligations and secure its ongoing viability.||
|Local Authority|Our business is dependenton a range ofstakeholder relations;the|Stakeholder/Council|
|Contracts/|mostsignificant being our local Authority Partners. The continued|Relations|
|Partnerships and|financial support of our Local Authority Partners is critical to the||
|investments|performance ofour operations.||
|Strategy|An inabilityto define and successfully implementa revised strategy|Multiple risk implications|
|re-alignment|to rapidlyrespondto a postCovid world andthe associated change||
||in customer behavioursto securefinancial recovery and viabilityof||
||Abbeycroft.||
||The business strategy has recentlybeen reviewed and implantation||
||is being closely monitored.||
|Post Pandemic|An inabilityto successfully respondtothe ending of lockdown and|Multiple risk implications|
|recovery|social distancing triggering operational challenges, inefficiencies||
||and potential for lostrevenue and increased costs.||





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||Note|**Restricted**|**Unrestricted**|**Total**|Total|
|---|---|---|---|---|---|
|||**Funds**|**Funds**|**2021**|2020|
||||||(note 27)|
|||£|£|£|£|
|**Income from:**||||||
|Donations, grants and legacies|4|253,271|334,734|588,005|150,269|
|Charitable activities|5||2,545,610|2,545,610|9,761,625|
|Othertrading activities|6||107,085|107,085|1,211,996|
|Other Income|7||2,785,757|2,785,757||
|Investments|8||848|848|6,140|
|Total||**253,271**|**5,774,034**|**6,027,305**|11,130,030|
|**Expenditure on:**||||||
|Raising funds|9|(3,500)|(312,295)|(315,795)|(981,754)|
|Charitable activities|10|(483,601)|(6,868,105)|(7,351,706)|(11,225,895)|
|Total||**(487,101)**|**(7,180,400}**|**(7,667,501)**|(12,207,649)|
|**Net expenditure**|11|(233,830)|(1,406,366)|(1,640,196)|(1,077,619)|
|Transfers between funds||29,000|(29,000)|||
|Actuarial gains/(losses) on defined||||||
|benefit pension scheme|14||(3,153,000)|(3,153,000)|1,707,000|
|**Net movement in funds**||**(204,830)**|**(4,588,366)**|**(4,793,196)**|629,381|
|**Reconciliation of funds**||||||
|Total funds brought forward||421,133|790,884|1,212,017|582,636|
|Total funds carried forward|23|**216,303**|**(3,797,482)**|**(3,581,179)**|1,212,017|





|||**Group**|Group|**Charity**|Charity|
|---|---|---|---|---|---|
|||**2021**|2020|**2021**|2020|
||Note|£|£|£|£|
|**Fixed Assets**||||||
|Intangible assets|16|**3,287**|7,809|**3,287**|7,809|
|Tangible assets|17|**992,011**|1,289,515|**992,011**|1,289,515|
|Investments|18|||**100**|100|
|**Total fixed assets**||**995,298**|1,297,324|**995,398**|1,297,424|
|**Current Assets**||||||
|Stock|19|**8,731**|14,211|**7,081**|14,211|
|Debtors|20|**552,113**|348,875|**556,760**|354,632|
|Cash atbankand in||**1,054,188**|2,189,705|**1,018,741**|2,084,487|
|hand||||||
|**Total current assets**||**1,615,032**|2,552,791|**1,582,582**|2,453,330|
|**Liabilities**||||||
|Creditorsfalling due|21|**(1,229,509)**|(1,016,098)|**(1,222,787)**|(987,881)|
|within oneyear||||||
|**Net current assets**||**385,523**|1,536,693|**359,795**|1,465,449|
|**Total assets less**||**1,380,821**|2,834,017|**1,355,193**|2,762,869|
|**liabilities**||||||
|Defined benefit|14|**(4,962,000)**|(1,622,000)|**(4,962,000)**|(1,622,000)|
|pension scheme||||||
|liabilities||||||
|**Total net liabilities**||**(3,581,179)**|1,212,017|**(3,606,807)**|1,140,869|





|||**Group**|Group|**Charity**|Charity|
|---|---|---|---|---|---|
|||**2021**|2020|**2021**|2020|
||Note|£|£|£|£|
|**The funds of the**|23|||||
|**group/charity:**||||||
|Restrictedfunds||**216,303**|421,133|**216,303**|421,133|
|Unrestrictedfunds:||||||
|Generalfund||**1,014,518**|1,140,838|**988,790**|1,069,590|
|Designatedfund||**150,000**|1,272,046|**150,100**|1,272,146|
|||**1,164,518**|2,412,884|**1,138,890**|2,341,736|
|Pension reserve||**(4,962,000)**|(1,622,000)|**(4,962,000)**|(1,622,000)|
|Total unrestricted||**(3,797,482)**|790,884|**(3,823,110)**|719,736|
|funds||||||
|**Total funds**||**(3,581,179)**|1,212,017|**(3,606,807)**|1,140,869|





|||**Group**|Group|
|---|---|---|---|
|||**2021**|2020|
||Note|£|£|
|Netcash provided byoperating activities|28|**(1,022,859)**|119,880|
|**Cash flows from investing activities:**||||
|Interestincome||**848**|6,140|
|Purchase ofintangible assets|||(5,100)|
|Purchase oftangiblefixed assets||**(91,068)**|(240,436)|
|Proceeds on sale offixed asset||**(22,438)**||
|Netcash used in investing activities||**(112,658)**|(239,396)|
|**Cash flows from financing activities:**||||
|Change in cash and cash equivalents inthe year||**(1,135,517)**|(119,516)|
|Cash and cash equivalents broughtforward||**2,189,705**|2,309,221|
|Cash and cash equivalents carriedforward||**1,054,188**|2,189,705|
|**Relating to:**||||
|Bankbalances and short-term deposits included in||**1,054,188**|2,189,705|
|cash atbankand in hand||||





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|||**2021**|2020|
|---|---|---|---|
|||£|£|
|Managementfee|receivable|**672,049**|262,321|
|Income||**759,282**|40,497|
|Purchases||**201,233**|136,848|





|||**2021**|2020|
|---|---|---|---|
|||£|£|
|Managementfee|receivable|**592,814**|279,648|
|Income||**289,995**|40,973|
|Purchases||**2,786**|3,279|



## 

|**4)**<br>**Donations and grants**|||
|---|---|---|
||**2021**|2020|
||£|£|
|Grants|**588,005**|150,259|
||**588,005**|150,269|
|**5)**<br>**Charitable activities**|||
||**2021**|2020|
||£|£|
|Operation ofleisurefacilities|**1,390,840**|8,923,616|
|Local authority managementfee|**1,054,053**|594,162|
|Sports development|**33,491**|97,152|
|Other income|**67,226**|146,695|
||**2,545,610**|9,761,625|



||**2021**|2020|
|---|---|---|
||£|£|
|Catering|**3,464**|739,948|
|Soft Play Income|**4,866**|119,258|
|Other Income|**98,755**|352,790|
||**107,085**|1,211,996|





## 

|||**2021**|2020|
|---|---|---|---|
|||£|£|
||Turnover|**16,007**|891,641|
||Costofsales|**(197,532)**|(801,659)|
||Gross profit|**(181,525)**|89,982|
||Distribution costs|||
||Administrative expenses|**(27,815)**|(26,491)|
||Other operating income|**170,265**|6,495|
||**Operating Profit**|**(39,075)**|69,986|
||**Taxation**|**(6,444)**||
||**Profit for the year**|**(45,519)**|69,986|
||Total assets|**52,866**|109,780|
||Total liabilities|**(27,137)**|(38,533)|
||**Aggregate capital and reserves**|**25,729**|71,248|
|**7)**|**Other Income**|||
|||**2021**|2020|
|||£|£|
|ORS Furlough Grants||**2,144,604**||
|Other COVID Business Grants||**641,153**||
|||**2,785,757**||
|**8)**|**Investments**|||
|||**2021**|2020|
|||£|£|
|Bank interest||**848**|6,140|
|||**848**|6,140|
|**9)**|**Raising funds**|||
|||**2021**|2020|
|||£|£|
|Directcosts||**228,710**|882,609|
|Supportcosts||**82,389**|91,980|
|Governance costs||**4,696**|7,165|
|||**315,795**|981,754|





|**10)**<br>**Charitable activities**||||||
|---|---|---|---|---|---|
||**Direct**|**Support costs**|**Governance**|**Total**|Total|
||**costs**||**costs**|**2021**|2020|
||£|£|£|£|£|
|Operation ofleisure facilities|**5,512,252**|**1,231,976**||**6,744,288**|10,621,726|
|Sports development|**264,739**|**66,886**||**331,625**|276,559|
|Other costs|**162,348**|**61,177**|**52,328**|**275,853**|327,610|
||**5,939,339**|**1,360,039**|**52,328**|**7,351,706**|11,225,895|



|**1)**<br>**Net expenditure for the year**|||
|---|---|---|
||**2021**|2020|
||£|£|
|This is stated after charging/(crediting):|||
|Profit on disposal offixed assets|**(32,150)**||
|CJRS Grants received|**(2,144,604)**|(32,189)|
|Other COVID ReliefGrants received|**(641,153)**||
|Operating leases- land & buildings|**57,460**|82,460|
|Operating leases-equipment|**27,022**|37,648|
|Depreciation|**378,859**|415,380|
|Amortisation|**4,521**|8,240|
|Auditors remuneration- statutoryauditofgroup and charity|**23,250**|18,495|
|Auditors remuneration-statutoryauditofsubsidiary|**3,150**|3,150|
|Auditors remuneration-taxadvisoryservices|**1,830**|11,241|
|Auditors remuneration- accountancyservices||1,925|
|Auditors remuneration- internal audit||7,000|
|Auditors remuneration- restructure advice|**7,400**||
|Auditors remuneration- other services|**45**|5,212|



## 

||**Basis of allocation**|**2021**|2020|
|---|---|---|---|
|||£|£|
|Human Resources & Payroll|_Headcount_|**164,026**|160,389|
|Information Technology|_Users_|**250,628**|274,387|
|Financial activities|_Turnover_|**420,761**|842,770|
|Marketing|_Turnover_|**205,559**|258,024|
|Management|_Turnover_|**308,177**|380,043|
|Insurance|_Turnover_|**85,022**|104,510|
|||**1,434,173**|2,020,122|



||**2021**|2020|
|---|---|---|
||£|£|
|Salaries and wages|**4,141,656**|5,819,679|
|Social securitycosts|**217,917**|325,540|
|CurrentService Costs|**404,000**|700,000|
|Other Pension costs|**48,067**|62,400|
||**4,811,640**|6,907,619|





## 

|yearwas asfollows:|||
|---|---|---|
||**2021**|2020|
||**Number**|Number|
|Frontofhouse leisure centre staff|**421**|594|
|Finance & administration|**12**|13|
|Managementteam|**5**|5|
||**438**|612|



||**2021**|2020|
|---|---|---|
||%|%|
|Future pension increases|**2.8**|1.8|
|Future salary increases|**3.5**|2.5|
|Discountrate|**2.05**|2.3|





|**31 March 2021**|**Male**|**Female**|**Female**|
|---|---|---|---|
|Currentpensioners|22.1 years|24.5 years||
|Future pensioners|23.2 years|26.4years||
|**31 March 2020**|**Male**|**Female**||
|Currentpensioners|21.9 years|24.1|years|
|Future pensioners|22.7 years|25.6|years|
|_Analysis ofamount charged to the Statement ofFinancial Activities_|**2021**||2020|
||**£'000**||£'000|
|Currentservice cost|**343**||593|
|Interestexpense|**41**||70|
||**384**||663|
|_Changes in the present value ofthe defined benefit obligation:_|**2021**||2020|
||**£'000**|£'000||
|Defined benefitobligation at 1 April|**(8,562)**|(9,482)||
|Currentservice cost|**(343)**||(593)|
|Interestexpense|**(200)**||(245)|
|Contributions byscheme participant|**(66)**||(90)|
|Actuarial (gains)/losses|**(3,666)**|1,755||
|Benefits paid|**102**||93|
|Defined benefit obligation at31 March|**(12,735)**|(8,562)||
|_Changes in the fair value ofplan assets:_|**2021**||2020|
||**£'000**|£'000||
|Plan assets at 1 April|**6,843**||6,851|
|Interestincome|**159**||175|
|Return on plan assets (excluding net interestonthe netdefined benefit||||
|obligation)|**1,259**||(470)|
|Contributions byemployer|**222**||290|
|Contributions byscheme participant|**66**||90|
|Benefits paid|**(102)**||(93)|
|Plan assets at31 March|**8,447**||6,843|
|The return on assets including amounts in netinterestwas (£1,418k) (2020:|£295k).|||
|The analysis ofscheme assetsat the reporting date were asfollows:|**2021**|2020||
||%|%||
|Equities|**66**|58||
|Bonds|**25**|30||
|Property|**8**|10||
|Cash|1|2||





||**2021**|2020|
|---|---|---|
||%|%|
|Future pension increases|**2.8**|1.8|
|Future salary increases|**3.5**|2.5|
|Discountrate|**2.05**|2.3|
|_Demographic assumptions- mortality_|||
|**31 March 2021**|**Male**|**Female**|
|Currentpensioners|21.9 years|24.5 years|
|Future pensioners|23.2 years|26.4years|
|**31 March 2020**|**Male**|**Female**|
|Currentpensioners|21.9 years|24.1 years|
|Future pensioners|22.7 years|25.6 years|
|_Analysis ofamount charged to the Statement ofFinancial Activities_|**2021**|2020|
||**£'000**|£'000|
|Currentservice cost|**56**|82|
||**56**|82|
|_Changes in the present value ofthe defined benefit obligation:_|**2021**|2020|
||**£'000**|£'000|
|Defined benefitobligation at 1 April|**(3,747)**|(4,272)|
|Currentservice cost|**(56)**|(82)|
|Interestexpense|**(86)**|(108)|
|Contributions byscheme participant|**(10)**|(12)|
|Actuarial losses/(gains)|**(1,368)**|689|
|Benefits paid|**39**|38|
|Defined benefit obligation at31 March|**(5,228)**|(3,747)|
|_Changes in the fair value ofplan assets:_|**2021**|2020|
||**£'000**|£'000|
|Plan assets at 1 April|**3,875**|4,062|
|Interest income|**89**|102|
|Return on plan assets (excluding amount included in netinterestonthe net|||
|defined benefit obligation)|**704**|(301)|
|Contributions byemployer|**31**|38|
|Contributions byscheme participant|**10**|12|
|Benefits paid|**(39)**|(38)|
|Plan assets at31 March|**4,670**|3,875|





## 

|The analysis ofscheme assetsatthe reporting datewere asfollows:|**2021**|2020|
|---|---|---|
||%|%|
|Equities|**66**|58|
|Bonds|**25**|30|
|Property|**8**|10|
|Cash|1|2|



|majorfinancial assumptions used bythe actuarywere:|||
|---|---|---|
||**2021**|2020|
||%|%|
|Future pension increases|**2.8**|1.8|
|Future salary increases|**3.5**|2.5|
|Discountrate|**2.05**|2.3|
|_ographic assumptions - mortality_|||
|**31 March 2021**|**Male**|**Female**|
|Current pensioners|22.1 years|24.5years|
|Future pensioners|23.2 years|26.4years|
|**31 March 2020**|**Male**|**Female**|
|Currentpensioners|21.9 years|24.1 years|
|Future pensioners|22.7 years|25.6years|
|_Analysis ofamount charged to the Statement ofFinancial Activities_|**2021**|2020|
||**£'000**|£'000|
|Currentservice cost|**5**|25|
|Interestexpense|(1)|(1)|
||**4**|24|





## 

||_Changes in the present yglue ofthe defined benefit obligation;_|**2021**|2020|
|---|---|---|---|
|||**£'000**|£'000|
||Defined benefit obligation at 1 April|**(293)**|(328)|
||Currentservice cost|**(5)**|(25)|
||Interestexpense|(7)|(8)|
||Contributions byscheme participant|`(1)`|(3)|
||Actuarial losses/(gains)|**(130)**|67|
||Benefits paid|**2**|4|
||Defined benefit obligation at31 March|**(434)**|(293)|
||_Changes in the fair yalue ofplan assets;_|**2021**|2020|
|||**£'000**|£'000|
||Plan assets at 1 April|**262**|277|
||Interest income|6|7|
||Return on plan assets (excluding amount included in netinterestonthe net|||
||defined benefit obligation)|**48**|(33)|
||Contributions byemployer|**3**|12|
||Contributions byscheme participant|`1`|3|
||Benefits paid|(2)|(4)|
||Plan assets at31 March|**318**|262|
|The|return on assets including amounts in net interestwas (£54k) (2020: £26k).|||
||The analysis ofscheme assets atthe reporting datewere asfollows:|**2021**|2020|
|||%|%|
||Equities|**66**|58|
||Bonds|**25**|30|
||Property|**8**|10|
||Cash|**1**|2|



||**SEBC**|SEBC|**FHDC**|FHDC|**BAB**|BAB|**TOTAL**|TOTAL|
|---|---|---|---|---|---|---|---|---|
|_Movement in deficit during the year_|**2021**|2020|**2021**|2020|**2021**|2020|**2021**|2020|
||**£'000**|£'000|**£'000**|£'000|**£'000**|£'000|**£'000**|£'000|
|Deficitatthe beginning ofthe year|**(1,719)**|(2,631)|**128**|(210)|**(31)**|(51)|**(1,622)**|(2,892)|
|CurrentService Cost|**(343)**|(593)|**(56)**|(82)|**(5)**|(25)|**(404)**|(700)|
|Interestexpense|**(200)**|(245)|**(86)**|(108)|(7)|(8)|**(293)**|(361)|
|Employer Contributions|**222**|290|**31**|38|**3**|12|**256**|340|
|Interestincome|**159**|175|**89**|102|**6**|7|**254**|284|
|Netactuarial (losses)/gains|**(2,407)**|1,285|**(664)**|388|**(82)**|34|**(3,153)**|1,707|
|(Deficit)/surplus at the end oftheyear|**(4,288)**|(1,719)|**(558)**|128|**(116)**|(31)|**(4,962)**|(1,622)|





## 

|**6)**<br>**Intangible assets (Group and Charity)**||||
|---|---|---|---|
||**Goodwill**|**Software**|**Total**|
||£|£|£|
|**Cost:**||||
|As at 1 April 2020|22,966|22,374|45,340|
|Additions||||
|As at 31 March 2021|**22,966**|**22,374**|**45,340**|
|**Amortisation:**||||
|As at 1 April 2020|22,966|14,565|37,531|
|Charge forthe year||4,521|4,521|
|As at 31 March 2021|**22,966**|**19,086**|**42,052**|
|**Net book value**||||
|As at 31 March 2021||**3,287**|**3,287**|
|As at 31 March 2020||**7,809**|**7,809**|



||**Long-term**|**Plant, furniture**|||
|---|---|---|---|---|
||**Leasehold**|& **office**|**Sports**||
||**Improvements**|**equipment**|**Equipment**|**Total**|
||£|£|£|£|
|**Cost:**|||||
|As at 1 April 2020|730,333|1,244,927|2,093,922|4,069,182|
|Additions||37,685|53,383|91,068|
|Disposals|(293,327)|(6,612)|(377,916)|(677,855)|
|As at 31 March 2021|**437,006**|**1,276,000**|**1,769,389**|**3,482,395**|
|**Depreciation:**|||||
|As at 1 April 2020|551,391|863,160|1,365,116|2,779,667|
|Charge for the year|42,589|137,289|198,982|378,859|
|Disposals|(292,988)|(6,612)|(368,543)|(668,143)|
|As at 31 March 2021|**300,992**|**993,837**|**1,195,555**|**2,490,384**|
|**Net book value**|||||
|As at 31 March 2021|**136,014**|**282,163**|**573,833**|**992,011**|
|As at 31 March 2020|178,942|381,767|728,806|1,289,515|



||Abbeycroft Leisure purchased 100 ordinary shares in Abbeycroft Enterprises|Abbeycroft Leisure purchased 100 ordinary shares in Abbeycroft Enterprises|Ltd (company|number 10591490) on 22|number 10591490) on 22|
|---|---|---|---|---|---|
||February 2018 in cash.|||||
|**19)**|**Stocks**|**Group**|||**Charity**|
|||**2021**|2020|**2021**|2020|
|||£|£|£|£|
||Bar and café|**1,899**||**249**||
||Sports equipment|**2,080**|3,929|**2,080**|3,929|
||Badges and certificates|**4,752**|10,282|**4,752**|10,282|
|||**8,731**|14,211|**7,081**|14,211|





## 

|**20)**|**Debtors**||**Group**||**Charity**|
|---|---|---|---|---|---|
|||**2021**|2020|**2021**|2020|
|||£|£|£|£|
||Trade debtors|**170,870**|230,698|**168,980**|230,131|
||Prepayments and accrued income|**342,245**|111,581|**335,257**|107,587|
||Other debtors|**38,998**|6,596|**32,108**|6,596|
||Amounts owed bygroup undertakings|||**20,415**|10,318|
|||**552,113**|348,875|**556,760**|354,632|
|**21)**|**Creditors: amounts falling due within one year**||**Group**||**Charity**|
|||**2021**|2020|**2021**|2020|
|||£|£|£|£|
||Trade creditors|**315,088**|291,650|**311,875**|286,539|
||Accruals|**319,807**|213,099|**317,246**|209,949|
||Other creditors|**58,270**|76,310|**58,180**|75,676|
||Othertaxes and social security|**42,714**|76,617|**41,856**|57,295|
||Deferred income (see note 22)|**493,630**|358,422|**493,630**|358,422|
|||**1,229,509**|1,016,098|**1,222,787**|987,881|



## 

|||**2021**|2020|
|---|---|---|---|
|||£|£|
|Balance|as at 1 April|**358,422**|236,381|
|Amount|releasedto income|**(358,422)**|(236,381)|
|Amount|deferred in year|**493,630**|358,422|
|Balance|as at31 March|**493,630**|358,422|





## 

## 

||||||**Transfer**|**Balance at**|
|---|---|---|---|---|---|---|
|**Group**|Balance at 1|||**Actuarial**|**between**|**31 March**|
||April 2020|**Income**|**Expenditure**|**gain**|**funds**|**2021**|
||£|£|£|£|£|£|
|**General fund**|1,140,838|5,774,034|(6,993,400)||1,093,046|1,014,518|
|**Pension reserve**|(1,622,000)||(187,000)|(3,153,000)||(4,962,000)|
|**Designated Funds**|||||||
|Other assets|1,073,148||||(1,073,148)||
|Capital Fund|||||150,000|150,000|
|Strategic Investment|198,898||||(198,898)||
|**Subtotal Unrestricted Funds**|**790,884**|**5,774,034**|**(7,180,400)**|**(3,153,000)**|**(29,000)**|**(3,797,482)**|
|**Restricted Fund**|||||||
|Stand Tall Project|28,574||(18,362)|||10,212|
|Make Your Move|11,633|||||11,633|
|Gym Equipment Newmarket|132,953||(132,953)||||
|Gym EquipmentSkyliner|91,221||(91,221)||||
|Exercise on Referral|16,500|||||16,500|
|Lloyds Bank Bond|81,000||||29,000|110,000|
|Active Mums Project|9,079||(350)|||8,729|
|Hadleigh Dementia Alliance||9,152|(2,153)|||6,999|
|B Weedan Funds|39,917||(39,917)||||
|Fitand Fed||165,164|(141,233)|||23,931|
|SuffolkCommunity||50,833|(41,119)|||9,714|
|Foundation|||||||
|Sport Inequalities Fund||6,212|(1,294)|||4,918|
|Inspire Cards|10,257|||||10,257|
|Outdoor Community Program||3,410||||3,410|
|Active Schools Program||15,000|(15,000)||||
|Little Kingfishers||3,500|(3,500)||||
|**Subtotal Funds**|**421,133**|**253,271**|**(487,101)**||**29,000**|**216,303**|
|**Total Funds**|**1,212,017**|**6,027,305**|**(7,667,501)**|**(3,153,000)**||**(3,581,179)**|





|**Charity**|||||**Transfer**|**Balance at**|
|---|---|---|---|---|---|---|
||Balance at|||**Actuarial**|**between**|**31 March**|
||1 April 2020|**Income**|**Expenditure**|**gain**|**funds**|**2021**|
||£|£|£|£|£|£|
|**General fund**|1,069,590|5,595,882|(6,769,728)||1,093,046|988,790|
|**Pension reserve**|(1,622,000)||(187,000)|(3,153,000)||(4,962,000)|
|**Designated Funds**|||||||
|Other assets|1,073,248||||(1,073,148)|100|
|Capital Fund|||||150,000|150,000|
|Strategic Investment|198,898||||(198,898)||
|**Subtotal Unrestricted Funds**|**719,736**|**5,595,882**|**(6,956,728)**|**(3,153,000)**|**(29,000)**|**(3,823,110)**|
|**Restricted Fund**|||||||
|Stand Tall Project|28,574||(18,362)|||10,212|
|Make Your Move|11,633|||||11,633|
|Gym EquipmentNewmarket|132,953||(132,953)||||
|Gym EquipmentSkyliner|91,221||(91,221)||||
|Exercise on Referral|16,500|||||16,500|
|Lloyds Bank Bond|81,000||||29,000|110,000|
|Active Mums Project|9,079||(350)|||8,729|
|Hadleigh Dementia Alliance||9,152|(2,153)|||6,999|
|B Weedan Funds|39,917||(39,917)||||
|Fitand Fed||165,164|(141,233)|||23,931|
|Suffolk Community||50,833|(41,119)|||9,714|
|Foundation|||||||
|Sport Inequalities Fund||6,212|(1,294)|||4,918|
|Inspire Cards|10,257|||||10,257|
|Outdoor Community Program||3,410||||3,410|
|Active Schools Program||15,000|(15,000)||||
|**Subtotal Funds**|**421,133**|**249,771**|**(483,601)**||**29,000**|**216,303**|
|**Total**|**1,140,869**|**5,845,653**|**(7,440,329)**|**(3,153,000)**||**(3,606,807)**|



## 



## 



## 

## 

|**Group**||||||
|---|---|---|---|---|---|
||||||**Total Funds at**|
||**Restricted**|**General**|**Designated**|**Pension**|**31 March**|
||**Fund**|**Fund**|**Fund**|**Reserve**|**2021**|
||£|£|£|£|£|
|**Fixed Assets**||995,298|||995,298|
|**Net Current Assets**|216,303|19,220|150,000||385,523|
|**Pension Scheme liability**||||(4,962,000)|(4,962,000)|
|**Total**|**216,303**|**1,014,518**|**150,000**|**(4,962,000)**|**(3,581,179)**|
|**Charity**||||||
||||||**Total Funds at**|
||**Restricted**|**General**|**Designated**|**Pension**|**31 March**|
||**Fund**|**Fund**|**Fund**|**Reserve**|**2021**|
||£|£|£|£|£|
|**Fixed Assets**||995,298|100||995,398|
|**Net Current Assets**|216,303|(6,508)|150,000||359,795|
|**Pension Scheme liability**||||(4,962,000)|(4,962,000)|
|**Total**|**216,303**|**988,790**|**150,100**|**(4,962,000)**|**(3,606,807)**|



||**2021**|2020|
|---|---|---|
||£|£|
|**Other operating leases**|||
|Within oneyear|**9,289**|16,502|
|Within onetotwo years|**2,438**|9,616|
|Betweentwo and fiveyears|**2,381**|851|
|**Total**|**14,108**|26,969|
|**Land and buildings**|||
|Within oneyear||33,333|
|Within onetotwo years|||
|**Total**||33,333|





||**2021**|2020|
|---|---|---|
||£|£|
|**Other operating leases**|||
|Within one year|**8,483**|24,416|
|Within onetotwo years|**2,438**|10,708|
|Betweentwo and five years|**2,381**|851|
|**Total**|**13,302**|35,975|
|**Land and buildings**|||
|Within one year||33,333|
|Within onetotwo years|||
|**Total**||33,333|



## 

## 

|**7)**<br>**Comparative SOFA by fund**||||
|---|---|---|---|
||**Restricted**|**Unrestricted**|Total|
||**Funds**|**Funds**|2020|
||£|£|£|
|**Income from:**||||
|Donations and grants|118,079|32,190|150,269|
|Charitable activities||9,761,625|9,761,625|
|Othertrading activities||1,211,996|1,211,996|
|Investments||6,140|6,140|
|**Total**|**118,079**|**11,011,951**|**11,130,030**|
|**Expenditure on:**||||
|Raisingfunds|(2,500)|(979,254)|(981,754)|
|Charitable activities|(250,917)|(10,974,978)|(11,225,895)|
|**Total**|**(253,417)**|**(11,954,232)**|**(12,207,649)**|
|Net income/(expenditure)|(135,338)|(942,281)|(1,077,619)|
|Grosstransfers inthe year|2,141|(2,141)||
|Actuarial gains/(losses) on defined benefitpension||||
|scheme||1,707,000|1,707,000|
|**Net movement in funds**|**(133,197)**|**762,578**|**629,381**|
|**Reconciliation of funds**||||
|Totalfunds broughtforward|554,330|28,306|582,636|
|**Total funds carried forward**|**421,133**|**790,884**|**1,212,017**|





|||**2021**|2020|
|---|---|---|---|
|||£|£|
|Netincome/(expenditure)||**(1,640,196)**|(1,077,619)|
|Depreciation||**378,859**|415,380|
|Amortisation||**4,521**|8,240|
|Profiton disposal||**32,153**||
|Interestincome||**(848)**|(6,140)|
|Decrease in stock||**5,480**|37,959|
|Increase in debtors||**(203,237)**|259,784|
|Increase in creditors||**213,409**|45,276|
|Defined Benefit Pension Scheme||**187,000**|437,000|
|**Net cash provided by operating activities**||**(1,022,859)**|119,880|
|**29)**<br>**Analysis of changes in net funds**||||
||**2020**|**Cashflow**|**2021**|
||£|£|£|
|**Cash at bank and in hand**|**2,189,705**|**(1,135,517)**|**1,054,188**|





## 

||||||**Transfer**|**Balance at**|
|---|---|---|---|---|---|---|
|**Group**|Balance at 1|||**Actuarial**|**between**|**31 March**|
||April 2019|**Income**|**Expenditure**|**gain**|**funds**|**2020**|
||£|£|£|£|£|£|
|**General fund**|1,468,942|11,011,951|(11,517,232)||177,177|1,140,838|
|**Pension reserve**|(2,892,000)||(437,000)|1,707,000||(1,622,000)|
|**Designated Funds**|||||||
|Other assets|1,184,506||||(111,358)|1,073,148|
|Strategic Investment|266,858||||(67,960)|198,898|
|**Subtotal Unrestricted Funds**|28,306|**11,011,951**|**(11,954,232)**|**1,707,000**|**(2,141)**|**790,884**|
|**Restricted Fund**|||||||
|WestSuffolkTransformation|9,860||(9,860)||||
|Funded HolidayCamp|925||(925)||||
|Stand Tall Project|10,344|56,166|(37,936)|||28,574|
|Make Your Move|15,512||(3,879)|||11,633|
|Gym Equipment Newmarket|154,114||(21,161)|||132,953|
|Gym EquipmentSkyliner|136,787||(45,566)|||91,221|
|Exercise on Referral|17,000|16,500|(17,000)|||16,500|
|Women on Wheels||696|(1,625)||929||
|Run Walk Routes|821||(821)||||
|Lloyds Bank Bond|81,000|||||81,000|
|Youth Chill OutNewmarket|5,118||(5,079)||(39)||
|Youth Chill OutBrandon|5,025||(5,164)||138||
|Active Mums Project|44,222||(35,143)|||9,079|
|BuryGoes Biking|9,466|500|(10,814)||848||
|B Weedan Funds|39,917|||||39,917|
|Hadleigh Dementia|7,500||(7,500)||||
|Fitand Fed||28,000|(28,000)||||
|Satellite Club Funding|9,439||(9,704)||265||
|Little Kingfishers||2,500|(2,500)||||
|Inspire Cards||10,257||||10,257|
|Other Small Projects|7,280|3,460|(10,740)||||
|**Subtotal Funds**|**554,330**|**118,079**|**(253,417)**||**2,141**|**421,133**|
|**Total Funds**|**582,636**|**11,130,030**|**(12,207,649)**|**1,707,000**||**1,212,017**|





## 

|**Charity**|||||**Transfer**|**Balance at**|
|---|---|---|---|---|---|---|
||Balance at 1|||**Actuarial**|**between**|**31 March**|
||April 2019|**Income**|**Expenditure**|**gain**|**funds**|**2020**|
||£|£|£|£|£|£|
|**General fund**|1,423,387|10,200,901|(10,731,775)||177,077|1,069,590|
|**Pension reserve**|(2,892,000)||(437,000)|1,707,000||(1,622,000)|
|**Designated Funds**|||||||
|Other assets|1,184,506||||(111,258)|1,073,248|
|StrategicInvestment|266,858||||(67,960)|198,898|
|**Subtotal Unrestricted Funds**|(17,249)|**10,200,901**|**(11,168,775)**|**1,707,000**|**(2,141)**|**719,736**|
|**Restricted Fund**|||||||
|WestSuffolkTransformation|9,860||(9,860)||||
|Funded Holiday Camp|925||(925)||||
|Stand Tall Project|10,344|56,166|(37,936)|||28,574|
|Make Your Move|15,512||(3,879)|||11,633|
|Gym EquipmentNewmarket|154,114||(21,161)|||132,953|
|Gym EquipmentSkyliner|136,787||(45,566)|||91,221|
|Exercise on Referral|17,000|16,500|(17,000)|||16,500|
|Women on Wheels||696|(1,625)||929||
|Run Walk Routes|821||(821)||||
|Lloyds Bank Bond|81,000|||||81,000|
|Youth Chill OutNewmarket|5,118||(5,079)||(39)||
|Youth Chill Out Brandon|5,025||(5,164)||138||
|Active Mums Project|44,222||(35,143)|||9,079|
|BuryGoes Biking|9,466|500|(10,814)||848||
|B Weedan Funds|39,917|||||39,917|
|Hadleigh Dementia|7,500||(7,500)||||
|Fitand Fed||28,000|(28,000)||||
|Satellite Club Funding|9,439||(9,704)||265||
|Inspire Cards||10,257||||10,257|
|Other Small Projects|7,280|3,460|(10,740)||||
|**Subtotal Funds**|554,330|**115,579**|**(250,917)**||**2,141**|**421,133**|
|**Total**|537,081|**10,316,480**|**(11,419,692)**|**1,707,000**||**1,140,869**|





## 

## 

|Group||||||
|---|---|---|---|---|---|
||||||Total Fundsat|
|||General|Designated|Pension|31March|
||Restricted Fund|Fund|Fund|**Reserve**|**2020**|
||£|£|£|£|£|
|Fixed Assets|224,174||1,073,148||1,297,322|
|NetCurrentAssets|196,961|1,140,837|198,898||1,536,696|
|Pension Scheme Liability||||(1,622,000)|(1,622,000)|
|Total|**421,135**|**1,140,837**|**1,272,047**|**(1,622,000)**|**1,212,018**|
|Charity||||||
||||||Total Fundsat|
|||General|Designated|Pension|31 March|
||Restricted Fund|Fund|Fund|Reserve|**2020**|
||£|£|£|£|£|
|Fixed Assets|224,174||1,073,248||1,297,422|
|NetCurrentAssets|196,961|1,069,588|198,898||1,465,447|
|Pension Scheme Liability||||(1,622,000)|(1,622,000)|
|Total|**421,135**|**1,069,588**|**1,272,147**|**(1,622,000)**|**1,140,869**|