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||PAGE|
|---|---|
|SCHEDULE OF ADVISORS||
|CHAIR'S STATEMENT||
|TRUSTEES' ANNUAL
REPORT AND REPORT OFTHE|3 ~ 6|
|DIRECTORS||
|INDEPENDENT AUDITORS' REPORT|7' 8|
|STATEMENT OF FINANCIAL ACTIVITIES||
|SUMMARY INCOME AND EXPENDITURE|10|
|ACCOUNT||
|BALANCE SHEET||
|NOTES TO THE FINANCIAL STATEMENTS|I2-17|
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||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
|||Notes|Funds
K|Fllndsf|2020
f|2019|
|lacomc nad codon'ments|from||||||
|Grants|||2,838,713||2,838,713|1,243,84 1|
|Charitnblc
activities|||||||
|Leisure Centres|||1,688,031||1,688,031|3,964,682|
|Invcstmcat
Income||||||781|
|Total||15|4,526,744||4,526,744|5,209,304|
|EXPENDITURE ON|||||||
|Chnritable
activities|||||||
|Cost ofsales||4|30,502||30,502|86,103|
|Staif related||5|2 813,546||7 813,546|3,377,061|
|Building
related||6|573,736||573,736|616,428|
|Services||7|55,487||55,487|97,763|
|Administration||8|504,661||504,661|511,143|
|Investment||9||||6,683|
|Other expenditure||10|539,813||539,813|461,913|
||||4,517,745||4,517,745|5,157,094|
|Govcrnnncc
Costs|||91,673||91,673|86,501|
|Total||15|4,609,418||4,609,418|5,243,595|
|Net income/(expenditure)|dr||||||
|Nct Movement
in Funds|||(82,674)||(82,674)|(34,291)|
|Fund balances|||||||
|at
I Januaty2020|||351,526||351,526|385,817|
|at 31 December 2020|||268,852||268,852|351,526|
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|||||||2020|2019|
|---|---|---|---|---|---|---|---|
|||||||5|5|
|Gmss Income of|continuing||operations|||4,526,744|5,209,304|
|Total expenditure|ofcontinuing
operations|||||(4,609,418)|(5,243,595)|
|Net income/(expenditure)||for the tinancial||year|||e .'- 0|
|(a)
Detailed|analyses||ofexpenditure|are provided|in the Statement ofFinancial|Activhies.||
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|||||
|---|---|---|---|
|GRANTS||2020|2019|
|||8||
|Bolton Council||1,380,098|1,243,841|
|Losses funded|by Bolton Council|466,961||
|JRS and other|income|991,654||
|||. 3 .ยป||
|LEISURE CENTRES||2020f|2019|
|Wetside||650,744|1,578,372|
|Dryside||107,164|320,895|
|Isospa||40,870|117,154|
|Isospa - membership||849,092|1,801,298|
|Food and beverages||22,308|90,631|
|Admission
fees||246|2,396|
|Other income||16,567|54,765|
|Cash variances||1,040|(829)|
|||. 3|3.|
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|4,|COST OF SALES|2020|2019|
|---|---|---|---|
|||f||
||Food and beverages|18,275|53,939|
||Other saleable items|12,227|32,164|
|||30,502|86,103|
|5,|STAFF RELATED|2020|2019|
|||f|0|
||Salaries and wages|2,341,797|2,822,311|
||Employers
liability|343,894|375,801|
||Other stalycosts|109,543|102,637|
||Agency/SE Sta(I|18,312|76,312|
|||2,813,546|3,377,061|
|6.|BUILDINC RELATED|2020|2019|
|---|---|---|---|
|||f|f|
||Repairs and maintenance|149,740|184,337|
||Utilitics|368,014|348,844|
||Cleaning|55,454|81,012|
||Other|528|2,235|
|||573,736|616,428|
|7,|SERVICES|2020|2019|
||||f|
||Marketing|32,639|54,068|
||Machine hire|524|1,816|
||Consumables|14,811|36,160|
||Other|7,513|5,719|
|||55,487|97,763|
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|IL|AD0HNISTRATION||2020|2019|
|---|---|---|---|---|
||||E|f|
||Communications||21,523|8,723|
||Bank charges||10,040|17,057|
||Other||261,915|273,834|
||Vnrecoverable
VAT||206,342|211,529|
||Depreciation||4,841||
||||504,661|511,143|
|9.|INVESTMENT||2020|2019|
||||8||
||Operating
lease
Credit sale agreement|||(49)
2,194|
||Other|||4,538|
|||||6,683|
|10.|OTHER EXPENDITURE||2020|2019|
||||8|8|
||Overhead
recharges||363,842|131,913|
||Insurance||75,971|54,136|
||Equipment
replacement||100,000||
||Management
fee to Serco Leisure Operating|Limited||275,864|
||||539,813|461,913|
|II.|GOVERNANCE COSTS||2020f|2019|
||Legal and professional||88,398|83,226|
||Auditors
remuneration||3,275|3,275|
||||91,673|86,501|
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|FOR|THE YEAR ENDED 31 DECEMBER 2020|THE YEAR ENDED 31 DECEMBER 2020|THE YEAR ENDED 31 DECEMBER 2020|||
|---|---|---|---|---|---|
|12.|TANGIBLE|FIXEDASSETS||||
||||||Plant and|
||||||machinery|
||||||etc|
||||||8|
||COST|||||
||At
I January|2020|||1,880|
||Additions||||16,272|
||At 31 December 2020||||18,152|
||DEPRECIATION|||||
||'At
I January|2020|||1,880|
||Charge for the year||||4,841|
||At 31 December 2020||||6,721|
||NET BOOK|VALUE||||
||At 31 December 2020||||11,431|
||At 31 December 2019|||||
|13.|DEBTORS|||t020|2019|
|||||f|8|
||Trade debtors|||61,167|37,577|
||Other debtors|||466,961||
||Prepayments|and accrued income||174,839|76,791|
|14.|CREDITORS: AMOUNTS||FALLING DUE 3VITHIN ONE YEAR|2020f|2019f|
||Trade creditors|||241,782|50,906|
||Taxation
and|social security||30,968|74,462|
||Accruals and|deferred income||1,195,676|818621|
||||||3.|
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|||Balaacc|ltlovcmcnt|in funds|Bolancc|
|---|---|---|---|---|---|
|||01.01.20|Incoming|Resources|31.12.20|
||||Resources|Expended||
|Restricted|Funds|||||
|Unrestricted|Funds|351,526|4,526,744|(4,609,418)|268,852|
|Totol funds||351,526|4,526,744|(4,609,418)|268,852|
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|ANALYSIS OF NET ASSETS BETYYEEN FUNDS||||
|---|---|---|---|
||Unrcstrictcd|Restricted|Total|
|Fund balnnccs at 31 Deccmbcr 2020|Fundsf|Fundsf|Fundsf|
|are rcprcscntcd lt):||||
|Fired assets|11,431||11,431|
|CIIIrellt ttssels||||
|Stock
Debtors and prepayments
Cash at bank|13,273
702,967
1,009,607||13,273
702,967
1,009,607|
|Current
liobi littex|(1,468,426)||(1,468,426)|
|Nct assets|268.852||268 852|
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