COMPANY NO. 05207019 CHARITY NO. 1117138 Abbeycroft Let's Love Life ABBEYCROFT LEISURE (A Company Limited by Guarantee) *Al)HvA￿8• 1311212024 COMPANIES HOUSE ANNUAL REPORT A07 #182 FOR THE YEAR ENDED 31 MARCH 2024 Abbeycroft Leisure FINANCIAL STATEMENTS for the year ended 31 March 2024 CONTENTS PAGE Welcome from the Chlef Executive Trustees, Annual Report Independent Audltorfs report to the members 25 Consolidated Statement of Financial Activities 29 Group and Charlty Balance Sheets 30 Consolldated Statement of Cash Flows 32 Notes to the financial statements 33 Abbeycroft Lelsure FINANCIAL STATEMENTS for the year ended 31 March 2024 REFERENCE AND ADMINISTRATION DETAILS lor the year ended 31 March 2024 Trustees & Dirertors Sarah Howard M8E {Chairl David Howells FCCA (Vice Chalr} Simon Burton Marie Mills Timothy Mutum John Turnbull Slr Robert Wales Rosemary Mason Kate Vaughton Willlam Wright (Appointed 25 April 20241 Chlef Executive Warren Smyth Company Sttretary Lynda Pope FCCA Re8lstered Office Abbeycroft Leisure Haverhill Lelsure Centre Ehrin85hausen Wav Haverhlll Suffolk C89 OER Audltors Price Bailey LLP Tennyson House Cambridge Business Park Cambridge CB4 OWZ 8ankers National Westminster 8ank PLC 7 Cornhlll Buryst Edmunds Suffolk IP33 IAX Uoyds Bank 30 Market Hlll Sudbury COIO 2EL Sollcltors Winckworth Sherwood Mlnerva House 5 Montague Close London SEI 9BB Ashtons Legal Fomham Business Court The Log Barn Fomham St Martin IP31 ISL Senlor Manaiers The Leadershlp Team conslsts of the following posts: Chlef Executive Strateglc Dlrertor Flnance Director Operatlons Dlrertor Warren Smyth Karen Polnts Lynda Pope FCCA Tracey Loynds Abbeycroft Leisure FINANCIAL STATEMENTS for the year ended 31 March 2024 WELCOME FROM THE CHAIR & CHIEF EXEcunvE 202312024 was another busy year for Abbeycroft and once again a great deal has been achieved. These achievements are down to the hard work of the team5 across the or8ani5ations who commit themselves to everythlng that Abbeycroft does. Thls is no small feat given the breadth and scale of the services provided addressin8 physlcal health, mental health, antl- soclal behavlour, food poverty, rural Isolation, and community development. Whilst the year has been full of achievemenls Outlined further In thls report. we have also faced some challenges. Whilst the utilities market has seen costs soften in year, they remain hi8h. This combined with Increased recrltltment and suppller costs has continued to be challenging, not only for Abbeycroft but also for our customers and communities. We have contlnued to Innovate to meet these challenges head on, and It Is rewardlng to see that our core servlces tontlnue to be popular with attendances 8rowln8 to 1.9 milllon vlslts and the comblned products ofswlm academy and membership 8rew by 8%with the family membership 8ainin8 real popularity. Once agaln. our core stakeholders West Suffolk Councll and Babergh Dlstrlct Councll have contlnued to provide great support. West Suffolk Councll provlded extra flnanclal supportfor swSmmin8 pools and both counclls worked In partnership to submit bids to the national Swlmmlng Pool Support Fund, administered by Sport England, for revenue and capital support, with all bids seeing success. Abbeycroft continues to work In partnership wlth a broad range of or8anisatSons. It Is pleasing to see the work belne undertaken wlth the health system grow. The partnership with West Suffolk NHS Foundatlon Trust has seen the pathways assoclated wlth pulmonary rehabllltatlon, frallty and other condltlons thrive wlth demand exceedlng original expectatlons. Evaluation confirms the effectiveness ofthe pro8ramme. Working in partnership with both local authoritles, West Suffolk Alllance and West Suffolk Foundation Trust a new model for the delivery of Healthy Lifestyle support to local communities has emer8ed. This involves Abbeycroft taking on a kev delivery role asslstlng in the development of the 5ep4ice more generally. The role of our Actlve Communlties Team has contlnued to grow. They have worked with a range of Stakeholders, partlcularly Actlve Suffolk and the West Suffolk Alllance to deliver a broad range of actlvlty ran8in8 from supportin8 schools and rural communities to be more active. through to programmes that address social isolation and Anti-social Behaviour through the teen chlll out sessions. The Explore Outdoor Educatlon Programme Is thrlvlng and expandlng wlth dellvery Includlng Forest Schools, Family Park Cookln8 Programmes. School Actlvlty Days, Adventure Days and Duke of Edlnburgh Programmes. This report shines a light on all the work undertaken and really articulates our purpose- Be Healthyi Llve Lon8er and Have Fun. Sarah Howard MBE Chalr of Trustees Warren Smyth Chlef Exe¢utlve Abbeycroft Leisure TRUSTEES. ANNUAL REPORT for the year ended 31 March 2024 The Trustees are pleased to present thelr annual report together wlth the flnancial statements of Abbeycroft Lelsure for the year ended 31 March 2024. Structure, Governance and Management Governin documen Abbeycroft Lelsure Is a Charltable Company Umited by Guarantee {re8iStered number 052070191 and governed by its Memorandum and Articles of Association dated 16 August 2004. The Charitable Company began trading on l April 2005 and therefore these accounts present the results for the eighteenth year of tradin8. Charitable Status was awarded to the Charltable Company by the Charity Commission on S December 2006 (charity number 11171381 and as such the accounts have been prepared In accordance with the Statement of Recommended Practice Charlties ISORP FRS102) and the Companies Art 2006. The objects of the Charitable Company were amended and adopted as the new objects on the 20 October 2016. Currently the only Members of the Charitable Company are the Trustees although the Articles of Association do provlde for a wider membership with the approval of the Trustees. The board completed a governance revlew durlng 2019 using the Charlty Governance Code for Larger Charltles. The revlew resulted in an actlon plan that was adopted by the board. A CommSttee Structure was established following this review and wa5 reviewed a8ain in 2023 resulting in the development of a new Strategy Commlttee that replaced the Marketlng and Operations Committee. Therefore, there are now four cornmittees that support the full board in managing and overseeln8 the charlty as follows,. Flnance and Audlt Organisatlonal Developrnent Commlttee Strategy Committee Health & Safety Commlttee nt of Twste As set out In the Artlcle5 of Assoclatlon the Board of Trustees must comprlse at least three and not more than twelve Indlvlduals. Local Authority Persons shall be entitled to apply to be a Trustee Sn the event of a vacancy on the Board, however they shall not have an automatic right to be appointed as a Trustee. One third of the appointed Trustees must retire at the Annual General Meetln8 {AGMI but shall be ellgible for re-appointment, those longest In office resigning first. In urtion and Train n There Is an Informal Inductlon process for new Trustees, each one meetlng wlth the Chalr of the Board prlor to attendln8 thelr flrst full board meetlng. Copies of the Charitable Companrfs Memorandum and Articles of Assoclatlon and business plan are made available to the new Trustee. During the first Board meeting the new Trustee will meet key employees and the other Trustees. Trustees are also provided with 3 copy of the Charity Commission publlcation CC3 The Essential Trustee". Further training Opportunities are also Identlfied throughout the year and various trustees will attend seminars provlding feedback at relevant board meetings. anlsatl The Board of Trustees admlnisterthe Charitable Company. The Board meets at least fourtimes a year for a full Board meetin8. Four Standing sub-committees have been established to support the full board, a5 Outlined in earller in this sectlon. The Trustees appoint a Chief Executive to manage the day-to-day operations of the Charitable Company. To facilitate effective operations. the Chief Executive has delegated authorityfor operatlonal matters includin8 finance, employment, and day to day management of the organisatlon wlth support from a Senior leadership team Including a Flnance Dirertor, an Operations Director. and a Strategic Director. The Board is responsible for the employment and terms and condltlons of the Chief Executive and 8eneral pay and remuneration terms of all employees Includingthe senior leadership team. When setting pay, reference is made to salary surveys and industry benchmarks. Abbeycroft Leisure TRUSTEES, ANNUAL REPORT for the year ended 31 March 2024 The Board's work in this area is supported by the Organisational Development Commlttee that focuses on: terms & conditions pensions pay and benefits. advising on the development of an effective staff Structure employment practices. Responslbility for recruitment and pay for operational and management staff is delegated to the Chief Executive. abled Perso The Charitable Company will employ disabled people when they are suitable for a particular vacancy and every effort Is made to ensure that they are given full and fair consideratlon when such vacancies arlse. Abbeycroft is recognised as a Oisability Confident Employer. The Charltable Company set up Abbeycroft Enterprises Llmited on 30 January 2017, Thls is a privale company Ilmited by shares. of which the Charitable Company owns 100%. Abbeycroft Enterprises Limited be8an operations on the 4 April 2017 and primarily operates the catering facilities in the Lelsure Centres occupied by Abbeycroft Leisure. This trading subsidiary glft alds all taxable proflts to Abbeycroft Lelsure. late West Suffolk Council and Babergh Dlstrict Council are significant partners and contrlbute to the delivery of sporting facllities In West Suffolk and Babergh by providing funding to the Charitable Company in the form of a management fee and utllltles support. Thls fundlng also supports the work ofthe Charitable Company In the communlty by enabling residents to take part In sportln8 events outslde of the Lelsure Centres. 80th Counclls promote the Charltable Companrfs actlvitles by advertlslng the Lelsure Centres and activltles on thelr webslte and withln other promotlonal materlal. A summary of transactlons wlth these Counclls Is set out In note three to the Flnanclal Statements. Objertlves and Actlvltles The objects of the Charitable Company are: to provide or a5SlSt in the provision of facilities In the interests of social welfare for recreation or other leisure time occupation of individuals available to the public at large, save for special facilities being provided for those who have need of such by reason of thelr youth, age, Infirmity or disability, poverty, or social circumstances with the object of Improvln8 thelr conditions of life,. andlor to promote community participation in healthy recreatlonal actlvltles and understandlng of the beneflts of a healthy active lifestyle, by the provislon of facilities for the playin8 of runnin8, cyclin8 and walking. to provide or a55iSt in the provision of community facilities to be available to all sections of the comrnunity without distinction, Including use for meetings, lectures, and classes andlor other forms of recreation and leisure time occupatlon with the object of improvlng the conditlons of life for all those who use the facilities." andlor to promote the edutation of puplls or students In schools or e5tabli5hments for further or higher education by the provision or assistance In the provision of facllitles for physical education and development, including Eames or sports equipment. courses, lecture5. demonstrations, and coaching; andlor to promote the education of the public through the provision of facilities for performin8 arts; andlor to advance the education of the public through the preservation of buildings or sites of historic or architertural importance. andlor pursue such other charitable purposes as the Trustees In thelr absolute discretion shall determine. Abbeycroft Leisure TRUSTEES. ANNUAL REPORT for the year ended 31 March 2024 Public benefit In dellverln8 these objectives and developing actlvitles for the forthcoming year the Trustee5 have considered the Charity Commission 8uldance on public benefit and fee charglng. Abbeycroft Lelsure relles on a management fee and the Income generated from fees and charge5 to cover Its operatlng costs. In setting the level of fees and charges and concessions for the actlvitles on offer the Charitable Company considers accesslbillty to the facilities and artivities for those on low incomes. The main activities for the year are the promotion of health and wellbeing through the provislon of education, training and support as well as encouraging soclal Interactlon wlthln the community. The mlsslon and core values for the organlsatlon were updated In 2022 and these are: Purpose To help people 8e Healthy, Llve Longer, Have Fun PEOPLE Improving quality and outcomes through collaboratlon HEALTH & WELLBEING Central to our communlties, health and wellbeing FACILITIES & SERVICES Wldenln8 Participatlon wlth1rn38lnation and energy Values Integrlty Honesty, no alternative agenda Prlde We encourage bellef and celebrate achlevements. Communlty Everyone Is Important, everyone is Invited. Teamwork We support each other for a bigger outcome. The key actlons employed to achleve the Charitable Companvs objectives are to: dellver hl8h quality lelsure faclllties and provide customers with tallored expert advlce at an affordable prlce, create opportunities for people to take part In sport and leisure actlvities in 8roups to enhance general wellbein8, encourage support and friendship and create a sense of belonging for members of the community, create and manage relationshlps with key partners and stakeholders to ensure that the Charitable Company15 aware of and can contribute to relevant initiatives taking place elsewhere Sn the community. work In partnerships that add value to the organisation and improve the services available to the community, organise and engage in local, regional. and national initiatives to further enhance the opportunities available to partlclpate In sport and physlcal activity, ensure that the facilitles and actlvities on offer are accesslble to all sectlons of the comrnunlty, ensure continuous Smprovement is achieved throughout the organisation. Abbeycroft offers several competitive membership packages to customers ofthe leisure facllitles. comprislng accesstofitness studios. swimming pools. and exercise class programmes. Concesslonary rates exist for students, senior citizens, people with disabilities, the unemployed and people on low income. There is a wide range of pay and play activitie5 at each Centre as well as weekly sessions run especially for the over fifties, adults with disabilities, and children. In addition to this Abbeycroft has also developed relationshlps with other organisations that work with indlviduals who have limited financial resources to provide free access to traditional leisure ceThtre artivitie5. Abbeycroft Leisure TRUSTEES, ANNUAL REPORT for the year ended 31 March 2024 The organisation also provides facilities for outdoor sports such as football and hockey enabling clubs to train and compete in local leagues throughoutthe season. The Charitable Company Works in partnership with several stakeholders to offerthese opportunities. The Health and Wellbeing, Artive Communlties and Explore Outdoor teams or83nlse a wide range of outreach activities so that those communities who have difficulty accessin8 le15ure facilities based in the main settlements still get the opportunity to en8age in sport and physlcal activity. The teams also access several local, county, re8ional and national inltlatlves to raise the profile of physical actlvity and offer more opportunity for participation within the local communlty with some of these services being made available free of char8e. STRATEGIC REPORT HIEVEMENTS AND PERFORMANCE 202312024 proved to be a successful year for the organlsatlon and once again a 8reat deal has been achieved. Whllst the year has been full of achievements. the utilities market cost5, increased cost of recruitment, hyperinflation and supplier cost Increases have continued to be challenging. Despite these, it Is rewardlng to see that our core services continue to be popular with the famlly membershlp galnlng real popularlty and we are pleased to report some excellent achlevements and performance, OUR IMPAcr The services and programmes provided by Abbeycroft generated £7.8m social value supportlng physlcal and mental health, subjectlve wellbelng, Indlvidual development, soclal and community development. Our 12 facllltles. located In 10 communltles. recelved In excess of 1.9rn vlslts for a broad ran8e of actlvltles. pro8ramrnes and Inltlatlves. Thls was generated by 66,000 Indlvldual customers usin8 our facilities wlth 49% of those achlevln8 at least 30 mins of physical activity per week. The Swlm Academy Programme saw In 7,000 Indivlduals learnlnB to swim In year. The organlsation remalns a strong local employer with 346 people employed {191 FfE). The organisation continued to invest to improve services wlth £300.000 Invested In capltal expendlture, HEALTH & WELLBEING A(¢1￿ Llvln8 Thls programme Is a unlque, award-wlnnlng Exerclse Referral Scheme desl8ned to support people to Increase thelr physlcal activlty levels and Improve thelr health. Thls Initlative Ss a partnership between Abbeycroft, West Suffolk NHS Foundation Trust and Allied Health Professionals. The programme covers a wide range of health conditions including pulmonary health. strength and balance, cardiac recovery, rehabilitative swimming, and personalised Exercise on Referral from a wide range of health professlonals. Teams across West Suffolk work in partnership to embed physlcal actlvlty Into patSent pathways. By provldlnE a pathway for Indlvidua15 from acute and medicalised Intervention to embed a sustainable level of physical artivity, patients continue to receive support to remain active once they no longer need to remain under the actlve care of the NHS. Statistics & Outcomes: The seThtice has seen the following numbers for the year Aprll 2023 to Marth 2024: 2897 (2004 221231 Client referrals Ilncludlng ineliglble, unprocessed, rejectedl 1109 Clients participating in seNice Istarted an activlty- some clients will attend an inltial appointment and note return) Client attendances recorded {recorded attendance with Abbeycroft facilities) Clients completed 24-week assessment (attended regular artivity throughout) 32.880115,248 22123) 529 Abbeycroft Leisure TRUSTEES, ANNUAL REPORT for the year ended 31 March 2024 596 Clients continue doing something {known clients continulng Including those from prior years in pald actlvlty at Abbeycroft facilities) 68.9% {61% 22123) improved thelr Short Warwlck-Edlnburgh Mental Wellbelng Scale well-belng score. The average improvement was from a baseline of 25 to a score of 30 at 24 weeks (20% increase). 55% of participants had seen an Increase In the level of physical activity at 24 weeks. There was a slgnlflcant reduction in the number of people with a low score161% decrease) and a 66% increase in those with a hi8h score i.e. becoming more artive. 75% of participants increased their number of metabolically active minutes per week. The average increase was 175% from 955 to 2632 metabolically active minutes per week. 62.1% of participants had reduced the amount of time they spent sitting per week. The average number of minutes spent sitting decreased from 436 to 300, a 31.2% decrease. 56% of partlcipants at 24 weeks were stlll partlclpatlng. Embedded In the pathway are a range of strength and balance classes and the outcomes for these are a5 follows.. 87.S% of 40 at patlents reported fewer concerns about falling at the end of 24 weeks. 45% of referred Individuals are still participating 33% have completed the programme. Of 256 participants with data available at 24 weeks. 55% had seen an increase In the level of physlcal actlvlty. Of the 256 participants wlth data avallable, I77{68.￿Al saw an Improved well-beln8 score. Quotes: here ore so many things I con do now thot I couldn't do before ond I don'tfeelos though I'm going tosollanymore, so my confidence has Improved 05 well as my mobllity. Abbeycroft staff ore omozing ond the whole groupfeel the same obout them. plus we'veformed o lovelyfriendship ond meet outside of the sessions which is a bonus." Heofth Pathways partlclpant The programme was Independently evaluated thls year wlth the headllne outcome beln8. The main message Is that acute hospltal referral pathways to lelsure provlders slgnlflcantly Improve patient well-beln& physlcal activlty and falls rlsk; and are affordable, adaptable across conditions and show hl8h retentlon. Good Boost Abbeycroft, as part of the Government's Healthy Agein8 Challen8e, throu8h UKactive, is part of a consortlum that dellvered an innovative Industrial research project to support the NHS help people as they age. Its aim Is to Iransform gyms and pools into community musculoskeletal hubs11.e. rehabllitatlon for knee, hip and backl. It also alms Is to reduce health Inequalltles nd the burden on the NHS by provldlng local, supported, self-management opliuns for people to better malntain mobllity, physical function and reduce paln through actlvity dellvered closer to their home. This has involved Abbeycroft operating Good Boost whlch has been developed to support people liwng with a wide range of physical health conditions to maximize their supported self-management and wellbelng. Good Boost technology support Ilve classes and 1-2-1 sessions for personalised therapeutic exercise and rehab, on land and in waterwith Ai prescription delivered through individual device5 (iPad5). Abbeycroft worked in partnershlp wSth Allied Health Professlonal physiotherapy teams to Identify patlents and refer dlrectlv into our servlce. In just a 4-month pilot period the results have been extremely positive: Statistics: 301 Referrals Active Users 1679 Total Attendances 67% of client5 reported improved mobility and function and wished to continue. Abbeycroft Leisure TRUSTEES. ANNUAL REPORT for the year ended 31 March 2024 Quote: his programme hos changed my life. IYS improved my confidence enormously- I now drive ogoin and I've made o close network offriends, ond we support eoch other. l even went on holiday on my own which, ot my oge. I wos veryproud of.- Wendy Health Pathways particlpant Artlve Mums- Antenatal Care Programme Actlve Mums alms to Insplre murns to be the best they can be by looklng after themselves. to give their babies, the best start in life possible. Combining physical activity. health, and well-being information within antenatal care. to improve birth outcomes and wellbeing among a cohort of pregnant women In Suffolk. This is achieved throu8h delivery of 3 12-week programme whlch embeds principles of behaviour change and physical activlty- while providing mothers with contlnulty of care with the midwlfes. This creates not only one healthier person but a whole family, significantly Improvln8 the physlcal and mental wellbelng of overweight pregnant women resulting In a positive birthing experience for mother and baby whilst instilling values of good health far beyond bSrth. Abbeycroft was successful wlth a bld through Suffolk County Councll to fund dellvery of 7 on8oln8 pro8rammes across West Suffolk supportln8 up to 168 expectln8 mothers with wellbelng and physlcal actlvlty support and advlce. Statlstlcs & Outcomes: Mode of blrth 79% Vaginal blrths lup from 75%) 21% C-sec {down from 39.4% C-sec rate for East of England Commlsslonlng reglon NHS Maternlty Stali5tlcs 2022-23) Breast Feedln8 83% Breast fed as first feed (72.9% NHS En8lènd Maternlty Statlstlcs 2022-231 91% Breastfeeding at 6-8 weeks Mental Wellbelng 67% Malntalned or Improved thelr Short Warwlck-Edlnburgh Mental Wellbeing Scale well-beln8 score. *Those that were not able to breast feed at first feed were stlll able to establlsh feeding after blrth whlch Is a huge shlft from the re8lonal avera8e. Prevalence of breast feedlnB at 6-8 weeks East of England average Is 55.4% Jan 2024 Offlce for Health improvements and disparities (formerly Public Health England). Place Based Workln8 Physical activity and wellbeing are at the heart of what we do, and not one size fits all. We are prlvlleged to be able to support the development and Implementatlon of innovatlve community physlcal actlvity assets throu8h a place-based approach. We Identlfy that not all assets are accesslble In our facllitles, and are best placed within communities, this Is encompassed through strong. trusted, and localised partnershlps. Our ambition Is being community focussed, dellverln8 together, and creatin8 Opportunities to acce55 physical activity and improve health and wellbelng. We have a local physlcal activity speclallst working in three of our communlties- Haverhlll. Mildenhall and Sudbury. These actlve community offlcers work with thelr local communitles as well as partners to identify need and eneryi- for example our activator in Haverhill identified a need with Kedington Parish Council for a Fit Villages initiative. and by linklng in them wlth Actlve Suffolk was able to facilltate the delivery if a very popular Pilates activity in the village. In Sudbury a need was identified for activity with the Bridge Project. The Active Communities team have also delivered activities like Stsnd Tall-, Waiting Well (support for those on NHS waiting lists), and Strength and Balance classes, as well as some of the work highlighted below- Free Aecess Pllots Abbeycroft Leisure Is extremely proud to support as many members of the community as it can, offering access to our facilities. 716 Home Start users accessed an Abbeycroft facility, in addition to Abbeycroft allowing rough sleepers free access where they might simply enjoy a warm shower or somewhere safe to rest. Working with Suffolk County Council's Children and Youn8 People's Services Abbeycroft Leisure support care leavers, a programme offering 6 months free gym access for Abbeycroft Leisure TRUSTEES, ANNUAL REPORT for the year ended 31 March 2024 care leavers aged 16yrs+, identified as benefiting from takin8 part in physical actlvity In the gym/swim environment, and referred by their support worker. Together Tuesda To8ether Tuesday at Hadlei8h Pool & Lelsure Centre is a group for people of all abllities and all 38es In the local community. Whether they have physical or mental disabllities or have seen or unseen conditions such as dementla, we can provide an afternoon that enhances their quality of life. Staff and volunteers are there to help them feel as safe as possible and where appropriate lend a listening ear. We offer artivities such as table cricket, boccia, chair-based exercises. quizzes and bingo. Several special events also run throughout the year suth as vislting the theatre, a fish and chip lunch or pancakes on Shrove Tuesdav. Statlstl¢s: 45 sessSons 387 attendee5 9941829 22123) Total throughout (includes volunteer5, carers and Indlvlduals} Quote: "I come along to Jill's group tTogether Tue5dayl as It 8ives me and my husband the chance to meet new people and socialise In new surroundings. I never knew a group like this takes place at a leisure centre and I'm so Blad It does. My husband has early-onset dementla. and the actlvltles for both him and l are wonderful. Jill and the volunteers are always on hand to help, and It glves me a rest too". Sportlng Memorles Sportin8 Memorles sesslons are run at both Kingfisher & MSldenhall Hub and are free to attend. We welcome everyone over the age of 50 and use sports-based reminiscence resources and develop collectlons from local 8roups that rekindle those very speclal sporting memories and events. Sesslons also Incorporate approprlate promotlon of gentle exerclse and physical activity within a fun and relaxed environment. The network Is part of the Sportlng Memorles Foundatlon, the world's first charlty dedicated to sports remlnlscence and physlcal actlvltles, supportln8 older people to corne together In thelr communltles. QUOTES: "l ob501utely lovesudburysportlng Memorles-lys Just the group I've been looklngfor, meeting up with monydlJAerentpeople ond enjoying the company of both ladies and men, with no borrlers os to who Is welcome". Sportln8 Memories Partlclpant, Sudbury "I love havlng o bit of timeout here, reloxlng & oenerolfy chllllng, no soclal medla, no ema115 and just rememberlng whot Is Important in life." Sportlng Memorles Participant, Sudbury e're now getting upword oA60 people eoch week and we hove some excellent guests Oll delivering somethlng useful and stimulating for the oudience. There is o definite comaroderie withln this group ond I'm very proud of whot we've achieved here." Andy Read - Sporting Memories Coordinator, Sudbury HAF- Hollday Actlvlty and Food Pro8ramme Research has shown that the school holidays can be pressure points for some famllies. For some children that can lead to holiday experience gap. Children from low-income households are.. less likely to access organised outqof-school activities. more likely to experience 'unhealthy holiday5. in terms of nutrition and physical health. more likelyto experience social isolation. io Abbeycroft Leisure TRUSTEES, ANNUAL REPORT for the year ended 31 March 2024 The holiday activitles and food IHAFI programme provides healthy meals, enriching activities and free childcare places to chlldren from low-income families In our communities, benefiting their health, wellbeing and le3rnSn8. Free sesslons are primarily for young people who are entitled to means tested free school meals. Other children may be accepted if they meet certain eligibility criteria. Young people must live in Suffolk or attend a school in Suffolk. Funding for Summer, Christmas and Easter holiday sessions are provided by the Department of Educatlon In partnership with Suffolk County Council, Baber8h and Mid Suffolk Dlstrict Councils, East Suffolk Council and West Suffolk Council as part of the Suffolk Holiday Activity Programme. To ensure there is a provision in the half terms term holiday, Abbeycroft works with large range of funders, donors. and partners to be able to offer valuable support to families and chSldren throughout the year, making us the only provider to do so. Famlly Park Cooklng Our unlque Family Park Cooklng provldes famllies wlth a whole day of actlvlty and outdoor cooklng experlence around campflre. They leave wlth a food box and reclpe cards to encoura8e cooking healthy. affordable meals together at home. The days are run over 15 venues, offering the opportunity to families over a large part of Suffolk. We have adapted the pro8ramme and now working wilh local authorities are provlding a successful after school variation to provide educatlon and support to familles durlng terrn time. Free Swlm & Lunch Abbeycroft offered limlted Free swimmlng spaces includlng lunch to support chSldren and their families entitled to free school meals andlor through discretionary places. The free swim Initlatives ran throu8hout the school summer holidays provlding ellglble children wlth Free access to the selerted sessions at our participating pools. Reducln8 Isolatlon wlth Food (RIFI and the Bury St Edmunds Festlve Food Projert RIF has been running since 2020 and now runs throughout the throuihout the year. Our Explore Outdoor team works I partnership with West Suffolk College, Bury St Edmunds Town Councll, and the Bury St Edmunds Rlckshaw to provlde heat- at-home meals for people livin8 In isolation or hardship. During Christmas 2023 we provided over 200 "heat at home. Christmas meals, alon8 With hampers put together with donations from local buslnesses and the community, delivered by volunteers to adults livlng alone In Bury St Edmunds. The project runs year-round deliverin8 about 80 meals cooked by students at West Suffolk Colle8e every 2 months. The Bury St Edmunds Festlve Food Project Is funded by Bury St Edmunds Town Council, as well as the RIF meals, they also provided SO Christmas Family Food boxes for local families In financial hardship as well as 400 packs of low-cost Christmas meal recipe cards that were distributed free of char8e from the library, Citizens Advice Bureaux, Lelsure Centre and the Town Council. Chrlstmas Famlly Food Boxes As part ofthe HAF programme and with additionalfundinE fromTown Councilswewereableto provide 685 ingredlent boxes for families in financial hardship right across Suffolk. Each famlly received all Ingredlents for a Christma5 Dinner and Boxin8 Day lunch for a family of four. along with recipe card5 and online video5. Quote: ..myfomily wouldn't hove had o Christmas dinner to eot due tofinoncial struggles since the cost of living. The p051tion my family is in, iys either keep wami or eat a Chrlstmos dinner. I connot thank you enoughfor providing this amazingfood box. This has imparted, positivefy, more thon you willewer know. Thonk you. Adventure Days A full day of fun for chlldren a8ed 8-12yrs. Action-packed, safe, structured actlvlties With fresh air In abundance, all under the careful eye of experienced outdoor instructors. Activities include axe throwin& fire-li8htin& swimmin& archery, catapult building and Geocachin8 and more, with breakfast and lunch included. li Abbeycroft Leisure TRUSTEES. ANNUAL REPORT for the year ended 31 March 2024 Teen Challenge Days Run for young people aged 11-16yrs, every session includes new and challen8in8 actlvities. Sesslons are based in Abbeycroft Lelsure Centres and everyone that attends gets a free hot lunch as well as the opportunity to take part in at least two ofour awesome activities. ststlstlcs & Outcomes Over 1000 food boxes 8iven out to local families In 2023124 Over 100.(M)O portions provided since 2020. 25 + venues used to support the local communlties. 90% offamilies cook one ofour recipes at least once a month. Over 75% parents report the sesslons Improve their children's confidence. Over 50% of adults report the 5esslon5 Improve their own confldence. Quotes "We hodsuch o lovely time ot the Jamily pork cooklng sesslon. We enjoyed cooking o meal, boking bread and Spending time with the other Jomilies. Thefood glven to U5 wlll save u5 money this week and a trlp to the supermorket. The girls are very exclted to do the recipes this week. It's been o greot experiencefor us." "Ma55ivelyl No screen timefor the boys made newlriends, hod new experiences ond was exclted to try newloodsfrom the box. They both trled the lunch ond loved It which Is mossivefor my two. It coteredfor both thelr needs ond wos so well organlsed whlch helped my son too," he doy wos o blg help to us os oAamlly. It was oAunJllled day ofvorlous octlvltles. Some of whlch we have never trled belore. Not only did we get to do somefun activitie5, we prepored ond cookedfood on thefire. eot our creations, we leornt a lot. It wos o very educotionolexperience as well. As a bonus we had lots left It provided us with onother meol. Thejood boxes orefontostic, eosy tofollow, full ojdelicious healthyfoods ondsoves us money so we con do someAun hollday activities with the money we hove saved. We loved attending and ore excitedfor the next sesslon." KEEP ACTIVE Keep Actlve Is a communlty-based physlcal activlty programme deslgned to SUPPOrt the health and well-belng ofolder adults. The pro8ramme aim5 to encourage regular physlcal activlty, social engagement, and overall wellness among the ageing population across West Suffolk & Babergh District. The Programme Includes a broad range of actlvlty includlng.. Low-lmpart Aerob1￿. Classes focus on Improvlng cardiovascular health without putting excessive straln on Jolnts. Aqua-based classes: Sesslons desl8ned to enhance muscle strength and bone denslty, crltlcal for malntaining mobility. Wellbeln8 Walks: In partnershlp wlth Ramblers 8roup walks based at our lelsure centres vlsltlng local parks and tralls to promote soclal Interactlon and physlcal activity. Lelsure Club(s): Fun, engaging sesslons providing recreatlonal artivities and sports to keep participants active and connerted. Walking Sports: age-appropriate sports like netball & football to encourage friendly camaradeiie and getting back into sport. Statlstlcs & Outcomes: 6 locations across Suffolk. 17 Total activity group types Iconslsts of 8 Indlvldual a<(ivity 8roups) Totsl attendances 2023-2024: 8.595 Over 95% of adults suggest attending Keep Active sessions reduces isolation. 12 Abbeycroft Leisure TRUSTEES, ANNUAL REPORT for the year ended 31 March 2024 QUOTES: "I love these sessions1 Not just becouse It keeps me o blt octive but becouse it's something to lookforward to eoch week and Ifeel part of the community agoin" "It's very easy when you live olone tofeel Isoloted. so belng port ol o group definitely helps and we hove a good old chin- wog, over a cuppa during the 5e55ion." INCLUSION & TACKLING INE UALITIES Valuing people's differences and ensurinÉ everyone istreated equally and supported In their communsty Is part of our DNA. We meet the needs of the entire community. People who are socially excluded or face barriers to participation. Sncludlng poverty, disablllty or geography often have poorer health outcomes. so we believe in offering opportunities to lead healthier Ilves to everyone wlthln our communlty. Blg Sport- Buryst Edmunds The Bl8 Sport Club Is an Incluslve artlvlty group that allows people with disability and long-term health conditions to take part in specialised sport5 and physical activity. The aim Is to tackle inequalitles and increase physical activity levels for participants with additional needs. Bury St Edmunds Lelsure Centre offer sesslons every Frlday whlch Include a multltude of sports and physlcal actlvltles such as badmlnton, football, table tennls, new a8e curlin8. boccla and exercise to muslc. Partlclpants can choose from any or all the activities we offer durin8 the day, to help increase movemenl, Improvin8 50clal Interaction, and mental health. The Big Sport Club is a fun and soclal environment; speclally tralned coachlng staff are at hand to teach and dellver new and exciting activities each week. Thls Is Inltiatlve 55 dellvered by Abbeycroft, In partnershlp wlth Inspire Social Care SeNSces. The Bl8 Sport Club has been funded by Active Suffolk's Together Fund. Bl8 Sport-sudbury In Partnershlp wlth the Brldge Projert Thls Inltlative also runs In partnershlp wlth The Bridge Project In Sudbury. The alm Is to work with their students and tutors to offer appropriate artivilies to encourage movement. achievement. and wellbeing. The students are offered a secure and nurturing environment to build confidence in taklng part in sport and activity, when mainstream settlngs would normally be unavailable to them, therefore promoting personal growth. Statlstlcs & Outeomes: Total Throughout: 694 100% of partlcipants felt happler after attending a Bi8 Sports session and enjoyed takln8 part In the actlvitle5. 100% of participants made newfriend5 at Big Sport5 5e5sions. 88% of participants felt more confident about being active after taking part in Bi8 Sport sessions. 97% of partlclpants felt more fit and healthy because they attended Blg Sports se55ions. Feedback: "It's lots ofAun, the stollot the sessions are lovety too.. -1 enjoy keepingfit" -1 wish the sessions were longerf "Sometimes Ifeel anxiou5, butAlex helps me-. "I love doing exercise with mylriends because it make5 mefeel reloxed and hoppy-. -1 like doing octivity because it keeps mefeeling less achy ond doing It in thls gmup15 jUStJun because everyone is so nice ond friendly." Blg Sportportlclpants orking with Abbeycroft hos been such o pleosure ond they have 05siSted us with so many things. including securing the lunding from Active Suffolvs Together Fund. Abbeycroft h05 brought so much knowledge and understonding of what our students need to this project, so we're thrilled with this portnership. A lotof ourstudents don't have the opportunity to go to 13 Abbeycroft Leisure TRUSTEES, ANNUAL REPORT for the year ended 31 March 2024 gyms orfitness Aacilities so offering them something like thls Is gentle ond Informol and beneficial for their physicol ond mentol health." Honnah Seymour Student andservlces Manager. The Brldge Projert Stand Tall~ StandTall~ Is a free 8-week pro8ramme for 11-19-year-olds desl8ned to support thelr wellbeln8 and develop emotlonal resilience, dellvered by Abbeycroft Lelsure wlth Suffolk Mlnd. The pro8ramme provides a rnechanlsm for young people to identify their own wellbeing needs and goals wlth slgnposting to further support services. The workshop5 provide wellbeln8 education and practlcal support alon85ide physical activity to keep youn8 people healthy, physically, and mentally. The core alm to support youn8 people to understand more about keeplng a healthy mlnd. experience the benefits of being active in a small social group, help improve low feelings, anxiety, stress, or lack of motivation and Improve concentration. confidence, and self-esteem. Abbeycroft was successful with a bid throu8h Suffolk County Council to fund delivery 24 courses across West Suffolk supportin8 UP to 288 young people. We successfully engaged with several secondary schools Includin8 Slr Peter Hall School1SENI Klng Edwards Hlgh school and Priory School In Bury St Edmunds, Castle Manor Hl8h School In Haverhlll, Ormlston Sudbury Academy In Sudbury, Brecklands Academy, Brandon and Mildenhall Academy. In addition to deliverin8 4 communfty courses open to anyone wlshln8 to take part. Statlstlcs & Outcomes:: 21 196191221231 15681728 221231 io StandTall~ programmes delivered. Young people taking part. Attendances Schools engaged. 89% stated that they know how to better look after thelr mental health. 82% stated that they felt less ed8y or nervous at the end of the programme. 72% stated that they were better able to cope when things went wron8. 59% stated they are doSn8 more physlcal actlvlty over a 7-day period. 54% stated that they are happlef. 57% stated better understanding on how to look after their physical health. 72% stated better understanding on how to look aftertheir mental health. 46% stated better knowledge to make positive choices about their health and wellbeing. 57% stated they are more physically artlve In week 8 compared to week l. 32% stated that they had a positive change in sleep. Feedback: "One child In portlculor hadslgnlficont behavlour155ues ond trust of odult5. Slnce ottending StandTallftt hls whole outlook hos become more positive, ond we rorely see hlm In trouble ot school - It's a great opportunity for students who would not normally hove o¢tess to odditionol support wlth peers."Traeey- SEN Lead, Breckland5 Academv. tandToll- Is very good and hos helped. l om less scored/not os onxious os I was beAore" Stand Tall attendee Teen Chlll Inltiative Teen Chill, developed and delivered by Abbeycroft, gives young people the opportunities to soclalSse In a structured session where a youth support worker amongst other ser4ices is on hand to offer support and guidance. The main objective of these session is to reduce ASB & crime in the local areas. Providin8 a dedicated facility, youth hub, tailored to the needs and interests of youth. It offers a wide range of resources and programmes, including educational workshops. skill-building artivities, mental health support, and recreational opportunitie5. 14 Abbeycroft Leisure TRUSTEES, ANNUAL REPORT for the year ended 31 March 2024 Havlng a youth hub in the community not only empowers young Indlvlduals to explore their passions and talents but also cultivates a supportive environment for personal Browth and soclal Interartion. Teen Chill sessions encourage young people to come togetherto prevent social isolation & provlde a safe place for socialising. From the start of the programme, we adopted an approach that allows young people to feel able to express themselves in a safe, controlled environment with the support of youth workers. In 2023-2024 Teen Chlll expanded Intofurther communlties In Mlldenhall ljubllee Centrel and Bury st Edmunds (Newbury Communlty Centre}, whlch now means we operate 4 youth dSverslonary groups withln West Suffolk. All our youth clubs are supported by West Suffolk Council and ihe respected town counclls In each location. Statlstlcs & Outcomes Brandon Total Throughput 2023- 2024: 1,1091551221231 Young People. Indivlduals.. 37 131221231 Newmarket Total throughput 2023-2024: 965 (22123 3941 Youn8 People Indivlduals: 17 (63 22123) Mlldenhall total throughput 2023-2024 (Launched November 20231., 331 Young People. Individuals: 22 A sesslon was also launched In Buryst Edmunds In March 2024 WHY they attend Teen Chlll - because they get to see thelr frlends out of school, It's cool, they get to do fun stuff Ilke basketball and the Xbox and have fun. They Ilke listenlng to their music and making Insta or TikTok videos with their friends. HOW they knew about Teen Chlll ￿ne'S mum saw a Facebook post, most was through word of mouth from frlends at school, one came because hls sister used to go WHY IVS beneficlal for them - Irs fun, they get to see their friends and play sports and can have a lau8h. They get to meet new people and make more frlends. Two sald they Ilke playln8 football on the Muli Use Games Area, even when It's cold and dark because there's118hts. Quotes: Good news story: One triumph from the Teen Chill sesslons Is that one particlpant drlves over an hour to attend Teen Chill sessionsl At the be8lnnlng of the sesslons. they were shy and very soclally Isolated, wlthln school and at home. Within Teen Chlll they have now formed a nelwork of frlends and attend sessions regularly to improve their social life and confldence. The youth workers did a fabulou5 job at makin8 her stay the whole first sesslon and galnlng confidence within herself I Just Play Abbeycroft Leisure offers 'Just Plav SEND programme at facilities in Haverhill, Newmarket, and Sudbury. These sessions are for families with children wlth disabilities, designed to play and learn with each other in a safe, stimulating, and nurturing envlronment. The programme. whlch had been SUcce￿f￿11Y running at Kingfisher Leisure Centre in Sudbury since 2015. offers monthly se55ions, sUPPOrted by a dedicated play-worker. Children are encouraged to run. jump. and climb a5 well as express themselves creatively with an or8anised arts and crafts activity. Families can bring children with ability and disability to the same session, which encourages learning and mentoring. Feedback from families who use the sessions say that the play-worker slgnlficantly enhances the session by increasing the children's participation and enjoyment and at the same time, provides the parents with valuable time to socialise with other like-minded parents and to network, Share information and create friendships. 15 Abbeycroft Leisure TRUSTEES, ANNUAL REPORT for the year ended 31 March 2024 EMPLOYMENT AND WORKFORCE ENGAGEMENT Our people are our strength. We believe that any or8anisation is only as strong as its workforce and we're very proud of ours. Abbeycroft 15 a significant employer, typically en8agin8 just under 500 workers in a very varied range of roles. Our town- based sites provlde local work for local people and enablin8 people to work close to where they Ilve. The variety of working hours and roles we can provide 8ive a range of optlons for part-time and full-time work- Sn fact this year 82% of our workforce are female and part-time. We are therefore very proud to report that our Gender Pay Gap shows that on average females at Abbeycroft earn 14% more than the average for male5- whlch15 a positive gender pay outcome. We have more females In the top half of our pay bands than male. with 58% of our team overall being female. We support our team to learn new skills and improve their pay outcomes as rnuch as we can. wanting to invest In our people. We have reported a positSve gender pay outcome for the last elght years- another factor to be proud of. Whllst recrultment and retention for everyone this year has been challenglng. we take a range of approaches to recruit and upskill our team. including attending local Job fairs, working With the DWP, the local schools and colleges and the YMCA. Turnover has remained higher than we would wlsh post-pandemlc but settled to Industry avera8e by the end of the year. This has also brought about an opportunlty to attract and develop employees from different sectors, whlch brlngs new Ideas and approaches. Abbeycroft has invested in training across the board with qualifications available,. including providing free life8uarding. swim teachln8 and a wide range of speciallst qualificatlons to support the ever-growin8 health and wellbeing work. The Healthy Behaviours work. known as Feel Good Suffolk, commenced in October, opening new opportunltles and new skllls to be developed In the workforce. Th15 Includin8 speclallst skllls In Smokin8 Cessatlon, Adult Wel8ht Management, 8ehaviour Change and exercise on Referral. Some of thls tralnln8 was funded by partnershlp funding (for example through Active Suffolk and Public Health Suffolkl. Many of our team have several roles as they have developed new skills and taken new opportunlties with us. Abbeycroft is an Apprentice Le￿ paying employer and uses all Its levy payments very effertlvely to support the apprentices employed as well as to provide qualiflcatlons for other members of our workforce. In fact. all of Abbeycroft's levy payment was relmbursed for the or8anSs3tlons tralnlng, along with another additlonal 40% accessed as a Levy payer, also used for our own employee traSnln8. We 8lve opportunltles for a wlde range of quallficatlon from L2 to L6. Abbeycroft supported 23 apprentlce qualificatlons thls year. wlth all who completed the course passlng. 71% of those on apprentlce standards were then employed in contracted roles. Some apprentices learn more about their career aspirations and move on to new opportunities. Two existing employees achieved L5 professional qualifications through using the apprenticeship route. Tralnlng has also Included developlng our junior managers on a management development programme. presenting the outcomes ofthelr work to the OD Sub-committee. The organlsatlon has also supported degree studles In management, and qualiflcatlons In lelsure operations, customer servlce, business admlnlstratSon, flnance. and HR. We encourage our own workforce to be physically active. providing free access to our facllltles for them, so they too can experience what we have to offer whi15t keeping physically and mentally resilient. We also provlde, an employee assistance line, 24-hour access to trained counsellors, quick access to a doctor IGPI for confidential advice. dlagnosls. and prescriptions, and resources supporting mental health. We also provide access to a 24- hour Advlce and Information line that gives confidential guidance on medical, legal and domestic issues. In additlan to this there Is also the opportunlty to access discounts at over IOCM) major retallers through a rewards portal. Workforce En ement We work hard to ensure our teams understand our values, participate, and contribute to company performance and the success of the organisation. Abbeycroft Leisure engages with staff through several mechanisms including: A welcorne and induction journey for all new starters whlch Sncludes In-boarding Informatlon about our values and objectives as well as core e-learning modules to be completed within the probatlonary period. Thls ensures core training modules which as health and safety, data protection and equality. diversity and inclusion modules are completed early in the employment journey. Staff were also consulted with regard regarding recruitment challenges and induction as part of a project led by participants on a management and leadership programme 16 Abbeycroft Leisure TRUSTEES, ANNUAL REPORT for the year ended 31 March 2024 Unlon engagement through a Unison Recognition agreement wlth Unlson Involving quarterly meetlngs with relevant updates. Staff communications plarform "Ask Abbev, which it uses to communicate key messages regarding a broad range of subjects. Tradltlonal meetlngs structure throughout the organlsatlon to communlcate with staff at centreldepartmental levels In addition to I:1 meetings for contracted staff that encourage feedback on matters of concern and involvement in company performance. Annual staff consultation on health and safety that looks to understand the workforce attitudes to health and safety, trainin8 needs and to identify key issues. The Human Resources team facilitate anonymous exit survey for staff that have left the organisatlon thls forms part of report to the Organlsatlonal Development Committee alongslde other key workforce statlstics. Abbeycroft produces monthly and quarterly people key performance Indicators, which are monitored by the Senlor leadershlp Team and Organlsatlonal Development Committee. These are accessible to managers and are used to Inform data led decision around workforce plannin8 and people strate8ie5. Dedicated sub committee to consider and make recommendatlons to the 8oard on remuneratlon and terms and conditlons for employees of Abbeycroft Lelsure and to revlew approprlate HR policies and procedures Partne Abbeycroft Lelsure works with a ran8e of partners who provlde fantastlc support for the Inltlatlves provlded. These Include, but are not Ilmlted to: West Suffolk Mid Suffollt, Councll Woyklng 4Togelher Allled . Act•ve . J Suffolkj. IVHS Le6sure west.suf folk 'NHS"FouThd•tlwi Tri•*t . SUFFOLK. Communlty Fpvndolion Suffolk, .Co.iin_ty Council I &SVDBVRY HAVERHILL BRAND0Tr4 Toww tovt4ci¢ TOWN COUNCIL . Nemlmarket Town-council i Mll (7.8361 2022 £'ooo 112,177) {361} (339} (48) 5.fy)6 83 7.836 Defined benefit obllBatlon at l April Current service cost Interest expense Contributions by scheme participant Actuarial {8ainsl/losses Benefits paid Defined benefit obllgation at 31 March (3721 (491 405 182 17,813) 42 Abbeycroft Leisure NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 March 2024 Chon es in the air value o lan ossets.. 2024 £'ooo 9,361 445 2023 £'ooo 9,437 261 Plan assets at l April Interest income Return on plan assets {excluding net Interest on the net defined benefit obll8ationl Contributions by employer Contribtstions by scheme particlpant Benefits paid Restriction to penslon asset ceillng Plan assets at 31 March 76S 151 49 (1821 2,776 {4611 159 48 1831 1,5251 The return on assets Including amounts in net Interest was £1,210kl12023:1£200kll. The analysls of scheme assets at the reportin8 date were as follows: 2024 2023 Equities Bonds Propertv Cash 64 27 67 23 West Suffolk Council Formerl Forest Heath Oistrict Council Penslon Scheme West Suffolk Councll Pension Schemes are shown separately to reflert the different penslon admlssion a8reements with Suffolk County Councll. The Charltable Company partlclpates In the Forest Heath Dlstrlrt Councll defined benefit penslon scheme under an admltted body status. The scheme Is a multl-employer defined beneflt flnal salary scheme where the share of the assets and liabilities applicable to each employer has been identified by the Scheme Artuary in this financlal year. The schemels admlnlstered for the benefit of Local Authorlty employees and other bodles andls managed In accordance with the Local Government Pension Scheme Regulation$ 1997 {as amended). At the year-end there were 6 Abbeycroft Leisure employees In the scheme {2023: 6 employees). The Scheme's assets are held separately from the assets of the Trust. Contrlbutlons totalllng £NII {2023: £NII} were payable at the year end and are Included In wlthln credltors at the reportlng date. The information used for this disclosure has been based on the most recent actuarial valuation. by Hymans Robertson LLP. to take account of the requlrements of FRS102 in order to assess the liabilitles of the Fund as at 31 March 2024. The major financlal assumptions used by the actuary were.. 2024 2023 Future penslon Increases Future salary Increases Discount rate 2.75 3.75 4.85 2.95 3.95 4.75 Demo ro hic assum tion5- mortali 31 March 2024 Current pensioners Future pensioners Male 21.8 years 21.3 years Female 25.0 years 25.7 years 31 March 2023 Current pensloners Future pensloners Male 22.3 years 22.2years Female 24.9 year5 25.4 years 43 Abbeycroft Leisure NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 March 2024 Ano iso amount chor ed to the Stotement o FinanciolActivitie5 2024 2023 £'ooo 59 51 54 2023 £'ooo {4,9281 1591 11351 17) 2,011 80 3,038 Current servlce cost Interest expense 17 79 62) 2024 £'ooo (3.038) 117) 1143) Chan es in the re ent value o the de Ined bene It obll ation." Defined benefit obllgatlon at l April Current servlce cost Interest expense Contributions by scheme partlclpant Actuarial105sesllgalns) Benefits paid Defined beneflt obli8at5on at 31 March 118 2,995 hon es In the olr value o lon ossets.. 2024 £'ooo 4,715 222 2023 £'ooo 5,129 140 Plan assets at l Aprll Interest income Return on plan assets (excluding amount Included In net Snterest on the net defined benefit obllgationl Contributlons by employer Contributions by scheme participant Benefits paid Plan assets at 31 March 382 18 {S03) 22 (90) 5,252 {801 4,715 The return on assets Includlng amounts In net Interest was £604k120221£363kll. The analy515 of scheme assets at the reportlng date were as follows,. 2024 2023 Equltles Bonds Property Cash 67 23 27 8aber h District Countil Pension Sche The Charitable Company partlcipated In the Baber8h Dlstrict Council defined benefit pension scheme under an admltted body status. Thls scheme was closed In 2022123 when the last employee In the scheme left Abbeycroft employment. There are no future obligatlons. The scheme is a multi-employer defined benefit final salary scheme where the share of the assets and Ilabillties appllcable to each employer has been identified by the Scheme Actuary in this financial year. The scheme is administered for the benefit of Local Authority employees and other bodies and is managed In accordance with the Local Government Penslon Scheme Regulations 1997 las amended). At the year-end there were O Abbeycroft Leisure employees In the scheme 12023: 0 employee). The Scheme's assets are held separately from the assets of the Trust. Contributions totalling £NII12023'. £Nill were payable at the year end and are Included in within creditors at the reportin8 date. Abbeycroft Leisure NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 March 2024 Chon es In the resent value o the de Ined bene It obli otion.. 2024 £'ooo 2023 £'ooo 1397) Defined benefit obllgatlon at l Aprll Current servlce cost Interest expense Contributions by scherne participant Actuarial lossesllgainsl Benefits pald Defined benefit obligation at 31 March 397 in sse 2024 £'ooo 2023 £'ooo 344 Plan assets at l April Interest Income Return on plan assets lexcludlng amount Included In net Interest on the net deflned beneflt obll8ation} Contributions by employer Contributions by scheme participant Beneflts pald Plan assets at 31 March 3441 The return on assets Includ•n8 amounts In net Interest was £NII {2023: £Nil). West suffolk Council ns formerl St Edmundsbu Borou h Councll Forest Heath District Council and Baber h Distrirt SEBC 2024 £'ooo SEBC 2023 £'ooo FHDC 2024 £'ooo FHDC 2023 £'ooo BAB BAB 2024 2023 £'ooo £'ooo TOTAL 2024 £'ooo TOTAL 2023 £'ooo ovement in de Icit durin the eor Deficit at the be8innin8 of the year Current Service Cost Interest expense Employer Contributions Interest income Net actuarial Ilossesll8ains Restriction to pension asset cellln8 (Deficitllsurplus at the end of the year 12,7401 13611 13391 159 261 4,545 1,525 201 117) 159) (143) {1351 18 22 222 140 500 1,508 1,677 {53} 12,592) 1420} 1474} 181 401 6,106 3,202 1143) 1372) 151 445 1,170 1,251 1160) 1515) 169 667 1,670 1.831 53 15) Taxation The Charltable Company was granted charltable status on 5 December 2006. The company is consldered to pass the tests set out In Paragraph I Schedule 6 of the Flnance Act 2010 and therefore it meets the definition of a charitable companv for UK corporatlon tax purposes. Accordingly, the company is potentially exempt from taxation in respect of Income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Sertion 256 of the Taxation of Chargeable Gain5 Act 1992, to the extent that such income or 8ains are applied exclusively to charitable purpose5. 45 Abbeycroft Lelsure NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 March 2024 16) Intan8lble assets IGroup and Charity) Goodwlll Software Total Cost: As at l April 2023 Dlsposals As at 31 March 2024 Amortlsatlon: As at l Aprll 2023 Charge for the year Oisposals As at 31 March 2024 Net book value As at 31 March 2024 22,966 6,694 29,660 22.966 6.694 29.660 22,966 6,694 29,660 21.966 6.694 29.660 As at 31 March 2023 17) Tan8lble fixed assets (Group and Charlty} Long-term Leasehold Impr¢)vements Plant. furnlture & office equipment Sports Equlpment Total Cost: As at l Aprll 2023 Additlons Disposals As at 31 March 2024 426.890 54,497 1,173,360 98,733 2,001.608 175,441 147,8051 2,129,244 3,601.858 328,671 147,8051 3.882,724 481.387 1.272.093 Depreclatlon: As at l April 2023 Charge for the year Dlsposals As at 31 March 2024 342,175 35,512 972,165 88,425 1,466,588 173,200 146,9711 1,592.817 2,780,928 297,137 46,971 3.031,094 377,687 1.060,590 Net book value As at 31 March 2024 103,700 211,S03 536,427 851,630 As at 31 March 2023 84,715 201.195 535,020 820,930 18) Investments Abbeycroft Leisure purchased IQ) ordinary shares in Abbeycroft Enterprises Ltd {company number 105914901 on 22 February 2018 in cash. 19) Stocks Gioup Charlty 2024 2023 2024 2023 Café Sports equipment Bad8es and certlficates 10.750 6,233 10,724 7,516 1.479 6.233 1,438 7,516 46 Abbeycroft Leisure NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 March 2024 16.983 18,240 7,712 8,9S4 20) Debtors Group Charfty 2024 2023 2024 2023 Trade debtors Prepayments and accrued Income Other debtors Amounts owed bygroup undertakln85 497,318 402.608 6.567 144.417 332,430 6,894 486,282 392,052 6,567 11,321 896,222 140,486 323,453 6.894 906,493 483,741 470,833 21) Credltors: amounts falllng due withln one year Group Charlty 2024 2023 2024 2023 Trade ¢redltors Accruals Other creditors Other taxes and soclal securlty Deferred income {see note 23) Amounts owed to group undertakings 462.092 797.971 37,454 192.295 509.066 555,880 731,756 63,689 146,964 541,061 437,828 781,837 37,4S4 172,305 509.067 534,166 713,907 63,688 124,430 541,061 621 1,977,873 1.998,878 2.039.350 1.938.491 22) Credltors: amounts fallln8 due after one year Group Charfty 2024 2024 2023 2023 Loan from West Suffolk Councll 500,000 soo,000 500,000 500,000 Loan from West Suffolk Council terms of repayment relate to condltlons whlch wlll require repayment in more than I vear and the preclse future dates wlll be determlned by future transactlons. The loan Is Interest free up to and includln8 31 March 2024. Interestls then payable on the princlpal amount at 2% per annum up to and Includlng 31 March 2027 and then 2% above the Bank of England base rate or 2.5%, whichever Is the hi8her. Thls loan is secured against West Suffolk Facillty assets vla a Mortgage of Chattels. The loan has been treated as a concesslonary loan under the Charltles SORP. See accountlng pollcy'o, for details. 23) Deferred Income Deferred Income for the group and charity comprises of deferred grant income, annual membershlps from 01 April and Direct Debit membershlps owed from closure. 2024 2023 Balance as at l April Amount released to Income Amount deferred in year Balance as at 31 March 541,061 (541,061) 509,066 509,066 171.276 (171,2761 541,061 541,061 47 Abbeycroft Leisure NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 March 2024 241 Analysls of charltable funds Transfer between funds Balance at 31 March 2024 Group Balance at I April 2023 Artuarljl aaln Income Éxpendlture General fund 902,137 11,844.361 (11,704,407) {84,927) 957,164 Penslon reserve 161,OLK) {161,0001 Deslgnated Funds Capltal Fund 150,0(X) 150,000 Subtotal Unrestrfcted Funds 1,052,137 11.844,361 11,543,407 161.000 84.927 1.107.164 Restrlrted Fund Stand Tall Projert Actlve Mums Projert Hadlei8h Dementia Alllance Insplre Cards WomensTour of Brltaln Teen Chlll Sportin8 Memories Sport England Swlmmlng Pool Fund- Babergh Sport England Swlmmln8 Pool Fund- West 8abergh Servlces Disability Sport Place Based Physlcal Acitivity Actlve Communltles Small Grants Flt and Fed Duke of Edinburgh Heallng Woods Explore Outdoors Small Grants Care Homes Pathway Grant- Babergh Pathway Grant- West MSK Pilot- Babergh MSK Pilot- West Health Small Grants Movlng Communlties Operations Small Grants Warm Spaces Grant 3,563 4,062 6,017 7,458 15.500 13,171 1,903 33.322 46,450 250 {36,885) {46,450) 13,501) 4,062 2,766 7,458 15,500 12,583 206 9,786 {10,374) 11,697) 115,620 {115,6201 213.580 {213,5801 84,927 84,927 1,458 163,082 11,4581 {163.0821 6,042 238,937 10,714 2,606 6,100 6,600 26.690 132,825 6,(KiO 12,082 13,981 35,( 60.602 40 16,042) (238,9371 {10.714) 12,606} {6.1001 {6,6001 126,6901 {132,8251 16.000) {12,082) {13.981) {35,000) {50,921) 140) 9,681 Subtotal Funds 51,674 1,141,767 11,141,185) 84,927 137,183 Total Funds 1,103.811 12,986,128 (12.684.592) (161.000 1.244.347 48 Abbeycroft Leisure NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 March 2024 24) Analysls of charitable funds Charlty Transfei between funds Balance at 31 March 2024 Balance at l April 2023 Artuarlal 8ain Income Expenditure General fund 714.046 11,068,451 {10,898,3831 184,927} 799,187 Penslon reserve 161,IXiO 1161,0001 DeslBnated Funds Other assets Capltal Fund 100 150,000 loo 150,000 Subtotal Unrestrlcted Funds 864,146 11.068,451 10,737,383) 1161,000) 84,927) 949,287 Restrfrted Fund Stand Tall Project Active Mums Project Hadleigh Dementia Alllance Insplre Cards Womens Tour of Brltaln Teen Chlll Sportlng Memorles Sport England SwimminB Pool Fund- Baber8h Sport England Swimmlng Pool Fund- West 8aber8h Sevlces 0Ssability Sport Place Based Physical Acitivity Actlve Communlties Small Grants Flt and Fed Duke of Edinburgh Healing Woods Explore Outdoors Small Grants Care Homes Pathway Grant - Babergh Pathway Grant - West MSK Pilot- Babergh MSK Pilot - West Health Small Grants Moving Communities Operations Small Grants Warm Spaces Grant Subtotal Funds 3,563 4,062 6.017 7,458 15,500 13.171 1,903 33,322 46,450 250 (36,885) (46,450) {3,501) 4,062 2,766 7,458 15,500 12,583 206 9.786 110,3741 11,6971 115,620 {115,6201 213,580 {213,$801 84,927 84,927 1.4S8 163,082 11,4581 (163.0821 6.042 238.937 10,714 2,606 16.0421 1238,9371 (10,7141 12.6061 6.100 6.600 26.690 132,825 6,000 12.082 13.981 35.000 16,lQO) 16,6001 (26,690) 1132,82S) {6,000) (12,082) (13,981) 135,000) -ii 60,602 150,9211 9.681 51,674 1,141,767 11,141,185) 84,927 137,183 Total 915,820 12.210,218 11.878,568 161.0001 1,086,470 49 Abbeycroft Lelsure NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 March 2024 Restricted funds During the year and in prior years. funds were receSved which carried restrictions upon their use. Non-perfonnance related grants received during this year have been recoBnised in full on the Statement of Flnanclal Artivities. Performance related 8rants have been recognlsed to the level of outputs delivered for the period up to 31 March 2024. Funds are restrlcted for the purposes of: Stand Tall Prolert - Thls Is a 12 week physlcal actlvlty and wellbeing pro8ramme that tar8ets 14-25 year olds who are both inactive and are known to suffer with a mental health condition. Phase l of the project is complete phase 11 was due to complete In 2019120 but was extended due to the pandemic. Permission was obtained to transfer the balance of funds from Phase l of the prolect to unrestrlcted projects wlthln the Charitable Company. Artlve Mums- Thlsls fundlng from Suffolk County Councll to contrlbute to the Improved health of pre8nant women smoklng In West Suffolk and Waveney. Hadlelgh Dementla Alllance - Thls 55 fundln8 from the Suffolk Communlty Foundation to support Dementia Incluslve soclal activlty in Hadlel8h. Insplre Cards Funded from the sale of customer dlscount cards thls Is relnvested Into community pro8rammes and inltiatives, which provlde opportunlties for everyone to be actlve. Women's Tour of Brltsln- Funding for event management and communlty activation costs assoclated with hosting the event In Haverhlll Teen Chlll-Thls refers to Teen Chill Out and Is an InltlatSve to support young people access a safe space and to engage in a broad range of actlvltles . Sportln8 Memorfes- Fundln8 for èctlvitles for older people to share and enjoy memorles of sport. Sport England Swlmmlng Pool Fund- The purpose and objertlve of the SPSF Phase I revénue fundlrtE was to 5UPPOrt tlie survlval of public sector swimming pools facing Increased operatlng cots and thereby protect the wider health outcomes. economlc and lifesavin8 waster safety benefits they provide. 8aber8h Servlces- Restrlcted Fund to support the provislon of servl¢es In the Baber8h Dlstrict In 2024125 Olsablllty Sport- Fundlng to provide disabillty sport at Bury Lelsure Centre. Outdoor Cornmunlty Program- This fundin8 frorn Suffolk County Council wlll sUPPOrt the pilot of a 31-week programme, consisting of two activity sessions per week In Bury St Edmunds in an accessible open communal space in accordance wlth Covid-19 restrictions. Multl Artlvlty Youth-The prov151on of weekly multi-activity youth sesslons for 50 weeks In Sudbury. Brldge Project-This project is to deliver weekly, fun physlcal actlvlty sesslon involving games and artivitie5 at Yhe Bridge Project Sudbury, to those living with physical andlor learnin8 disabilities in collaboration with Abbeycroft Lelsure to improve their health and wellbeing. Swlm and Lunch- Thls fundln8 wlll provide ellgible families free access to swSmmln8 provlslon at our lelsure centre5 for the allocated school holldays. Our varled swlm programme gives the famllies and young people the opportunlty to take part in fun and Invigorating swim session, reaping the benefits of taking part in swimming as an activity. The aim of offerlng the swim session5 is to provide an actlvity that is fun but also brings health benefits and can Improve wellbeing. The aim of enabling the parent to attend with a child is to promote bonding opportunities and the broader family benefits of bein8 50 Abbeycroft Leisure NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 March 2024 active together. In addition, allows families to continue to access sep4ices whilst bein8 able to prioritise other areas of spendin8 that are being imparted by the cost-of-llving cllmate. Flt and Fed- Thls fund Is to provlde holiday activltles and free meals to ellglble chlldren over the holiday periods. Duke of Edinbur8h - To fund free places of the Duke of Edinbrough Award programme for eli8ible children. Provlde a reco8nised Award while glvlng young people the ability to try new skills, be physically activity and build confidence Healln8 Woods - Thls Is part of an excltln8 and ambitious Inltlative to create more natural woodland and 8reenspace across Suffolk, particularly where it is most needed. The inStiative is being developed by Suffolk County Council in partnership with the Woodland Trust and a number of other organisations. Care Homes-west Suffolk Alllance wished to provlde Stren8th & Balance courses for resldents In Care Home5 to Sdentlfy whether the Inltlatlve would support the reduction of falls by resldents. Patlent Care/Pathway Grant- This fundin8 enables the delivery of frailty and pulmonary rehabilitation support to asslst Individuals recover from poor health. MSK Pllot- The development and dellvery of water and land-based classes Includlng rehab, aquafit, hlp knee and back pain classes, Wellbein8lHolistlc services, and virtual rehab exerclse groups. Together Fund- Provide communlty transport to lelsurelhealth activitles from rural areas. Move your Mlnd- Th15 award Is for supportln8, enabllns and stren8thenln8 the protectlve factors for good mental wellbeing. Thls was provided through 4 courses of 12 weeks wellbeln8 edtsctlon and actlvlty. Get Help to Get Actlve~ Funding to prmote physical artivity benefits for adults and older adults. Movln8 Communliies: Pla¢e-Thls fundln8 was from Sport En8land for the financlng the project Costs of Movln8 Communlties Place Desi nat d Fun A deslgnated fund exlsts to represent the penslon scheme deflclt which at 31 March 2024 was £nll12023.. £nlll. These funds have been rlng-fenced by the Trustees such that the general fund represents free reseNes to be spent on the runnlng of the Charity. A new desi8nated capital fund ha5 been set up to fund future capital expenditure, Previously Trustees designated reserves specifically for initiatives that Brow the business and further the charitable objectives and to reflect the net book value of flxed assets not represented by restricted funds. Due to the Pandemic and the operational losses these prevlouslv deslgnated funds were transferred to the general fund In the year. Thls pollcy Is one that wlll need to be revlewed In118ht of the 5i8nificant redurtlon In Income slnce March 2020. 25) Analysls of net assets between funds Group Total Funds at 31 March 2024 Restrlrted Fund General Fund Designated Fund Pension Reserve Flxed Assets 351,630 351.630 Net Current Assets 137,183 605,534 150.IJOO 892,717 Penslon Scheme Llablllty Total 137,183 957,164 150.000 1.244.347 51 Abbeycroft Leisure NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 March 2024 Charlty Total Funds at 31 March 2024 Restrlcted Fund General Fund Designated Fund Pension ReseNe FIMed Assets 351,630 loo 3SI,730 Net Current Assets 137,183 447,557 Iso,000 734,740 Penslon Scheme Llablllty Total 137,183 799,187 150,100 1,086,470 26) Operatlng lease Commltments As at 31 March 2024, Abbeycroft Lelsure had annual commltments under non-cancellable operatln8 leases In respect of plant and machlnery and property as shown below.. 2014 2023 Other operatln8 l•ases Withln one year Withln one to two years Between two and five years Total 994 994 3,038 Land and bulldlnls Wlthln one year Withln one to two years Between two and five years Total 35,532 35,772 32,040 103,344 35.380 35,380 68,218 138,978 As at 31 March 2024. the Charitable Group had annual commltments under non-cancellable operatlng leases In respect of plant and machinery and property as shown below.. 2024 2023 Other operatlng leases Withln one year Within one to two years Between two and five years Total 5,227 9,024 5,227 S.Z27 14,251 Land and bulldln8S Within one year Withln one to two years Between two and five years Total 35,532 35,772 32.040 103,344 35,380 35,380 68.218 138,978 271 Contlngent Asset/Llablllty The charity, along with its subsldlary Is a member of a VAT group. Both entities concerned are jointly and severally liable for the VAT Ilabilities of other group members. At 31 March 2024 there was £55.867 payable12023: £89,292 payable) from HM Revenue and Customs from other group cornpanles. 52 Abbeycroft Leisure NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 March 2024 28) Reconciliation of net expendtture to net cash flow from operating activities 2014 2023 Net income/lexpenditure) Depreciation Amortisatlon Profit on disposal Interest Income Oecrease in stock Ilncreasel in debtors (Decrease) / Increase in creditors Defined Benefit Pension Scheme 301,536 297.137 (458,0111 339,461 708 (5,2231 16.485) 19,947} 177,560} 241,807 312.000 (7.016) 129,867) 1,257 (422.752) (40.4721 1161,0001 Net ¢ash provlded by operatln8 artlvltles {61.177) 336.750 291 Analysls of changes In net debt 2023 Cashllow 2024 Cash at bank and In hand 2,320,250 2,320,250 352,131 1352,1311 1.968,119 1.968.119 Loans falllng due after more than one year Total 500,000 1.468.119 1,820,250 {352.1311 53 Abbeycroft Leisure NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 March 2024 30) Analysis of charitable funds- comparative Group Transfer between funds Balance at 31 March 2023 Balance at l April 2022 Artuarlal 8aln Income Expendlture General fund 907,316 10,615,798 {10,701,9771 81.000 902.137 Penslon reserve 12,793.0001 1312.0001 3.105,000 Deslgnated Funds Capital Fund Iso,000 Iso,000 Subtotal Unrestrlcled Funds 1735,684 10.615 798 11.013.977 3.105,OIX) 81.000 1.052,137 Restrlcted Fund Stand Tall Projert Uoyds Bank Bond Active Mums Projert Hadlel8h Dementla Alllance Fit and Fed Inspire Cards Summer 21 Swim Initiative Womens Tour of Britain Lon8 COVID Teen Chill Omnlcrom Patient Care / Pathway Grant Mlldenhall Park Run Oiability Sport Place Based Physical Acitivity Artive Communities Sportln8 Memories Community Chest Explore Outdoors Care Homes Health Checks Pathway Grant Health Operations Warm Spaces Grant 4,716 81,000 6,839 6,491 23,913 8.757 4,680 (1,1531 3,563 {81,0001 12.7771 13.7941 1256,3661 11,2991 14,6801 112,5001 {6,75SI 4,062 6,017 3,320 232,453 7,458 23,000 15,S(K) 6,755 13,171 5,130 21,552 2,000 2,500 13.171 15.1301 (161,552) <3,5001 <6.8731 (101,94SI (15,3311 {971 110,9921 14,7441 114.4851 117,1301 123.1801 {2,1041 127,3851 114,6041 140,000 1,500 4.373 101,945 15,331 2,000 10,992 4,744 14,485 17,130 23.180 2,104 27.385 14.604 1,903 Subtotal Funds 192,504 638,S46 1698,3761 181,0001 51,674 Total 1,543,180) 11.254,344 11,712,353) 3,105,000 1,103,811 54 Abbeycroft Leisure NOTES TO THE FINANCIAL STATEMENTS. for the year ended 31 March 2024 Charlty Transfer between funds Balance at 31 March 2023 Balance at l April 2022 Artuarlal 8aln Income Expendlture General fund 752,812 9,867,940 19,987,706) 81,000 714,046 Pen51on reseThe (2,793,0(K)I {312,0001 3,105,000 Desl8nated Funds Other assets Capltal Fund l(M) 150,0(10 loo 150,000 Subtotal Unrestrfcted Funds 1,890,088 9,867,940 10,299.7061 3,105.000 81.000 864,146 Restrlcted Fund Stand Tall Prolect Lloyds Bank Bond Actlve Mums Projert Hadleigh Dementia Alliance Fit and Fed Inspire Cards Summer 21 Swlm Inltlatlve Womens Tour of Brltaln Lon8 COVID Teen Chill Omnicrom Patlent Care / Pathway Grant Mlldenhall Park Run D15ability Sport Pla¢e Based Physlcal Artivity Active Communities Sporting Memories Community Chest Explore Outdoors Care Homes Health Checks Pathway Grant Health Operatlons Warm Spaces Grant Subtolal Funds 4.716 81.000 6.839 6,491 23,913 8,757 4,680 5,000 6.755 13,171 5,130 21,552 2,(M)O 2,500 11,1531 3,563 181,0001 12.7771 13,7941 (256,3671 11,2991 (4,6801 (12,5iJ)I {6,755) 4.062 6,017 3,320 232,454 7,458 23,000 15,500 13,171 {5,130) 1161,552) {3,5001 {6,8731 1101,945) (15.331) 197) 110,992) {4,744) 114.485) 117,130) (23,1801 {2.1041 {27.3851 {14.6041 1698,377) 140,000 1,500 4,373 101,945 15,331 2,000 10,992 4.744 14,485 17.130 23,180 2,104 27,385 14,604 638.547 1,903 192,504 (81,000 51.674 Total 11,697,584) 10,506,487 10,998,083 3,105,000 915.820 55 Abbeycroft Leisure NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 March 2024 31) Analysls of net a￿ets between funds- comparative Group Total Funds at 31 March 2023 General Fund Deslgnated Fund Penslon Reserve Restrkted Fund Flxed Assets 320,930 320,930 Net Current Assets 51,674 581,207 150,000 782,881 Penslon Scheme Llablllty Total 51.674 902,137 150,000 1,103,811 Charlty Total Funds at 31 March 2023 General Fund Desl8nated Fund Penslon Reserve Restrlrted Fund Flxed Assets 320,930 100 321,030 Net Current Assets 51,674 393,116 150,000 594,790 Penslon Scheme Uablllty Total 714,046 150,100 515￿20 56 Abbeycroft Leisure NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 March 2024 32) Comparatlve SOFA by fvnd Restrlcted Funds Unrestrlcted Funds Total 1023 Income from: Donatlons and grants Charitable attivities Other tradin8 actlvltles Other Income Investments Total 638,546 638,546 9.519.946 1,042,286 25,116 6,485 11,232,379 9,519,946 1.042.286 25,116 6,485 10,593.833 638,546 Empendlture on: Ralslng funds Charitable actlvities Total {7S6,798) {10,235,2121 10.992,010 1756,7981 10,933,588 11,690.386} 1698,376 698,376 Net Income/lexpendlturel Gross transfers In the year Actuarlal 8alns/{losses} on defined benefit pension scheme Net movement In funds 159,8301 181,0001 {398.177) 81,000 1458,0071 3,105,001 2,787,824 3.105,001 2.646,994 1140.830 RetoncllSat•on ol funds Total funds brought forward 192,504 11,735,687) 11,543,183) Total funds ¢•Trled forward 51,674 1.052.137 1,103,811 The restricted expendlture of £698,376 was previously shown under Ralsin8 Funds and Is now correctly shown under Charitable Actlvities. There Is no change to the overall total expenditure. 57