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||PAGE|
|---|---|
|SCHEDULE OF ADVISORS||
|CHAIR'S STATEMENT||
|TRUSTEES'~AL REPORT AND REPORT OF THE|3-6|
|DIRECTORS||
|INDEPENDENT AUDITORS' REPORT|7-8|
|STATEMENT OF FINANCIAL ACTIVMES||
|SUMVIARY INCOME AND EXPENDITURE|10|
|ACCOUNT||
|BALANCE SHEET||
|NOTES TO THE FINANCIAL STATEMENTS|12-17|
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|The following
directors hav|e held office since 1 January 2021:|
|---|---|
|Robert Atkinson||
|John Byrne||
|Hilary Fairclough|(appointed 26November 2021)|
|Inayat Omarji||
|Sara Sharrock||
|John Shepley||
|David Singleton||
|Dr Margaret Talbot
~Cox|(resigned 26November 2021)|
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||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
||||Funds|Funds|2021|2020|
|||Notes|||||
|Income and endowments|from||||||
|Grants|||2,515,389||2,515,389|2,838,713|
|Charitable
activities|||||||
|Leisure Centres|||2,333,498||2,333,498|1,688,031|
|Investment
Income|||||||
|Total||15|4,848,887||4,848,887|4,526,744|
|EXPENDITURE ON|||||||
|Charitable
activities|||||||
|Cost ofsales||4|44,420||44,420|30,502|
|Staffrelated||5|2,695,903||2,695,903|2,813,546|
|Building related||6|655,962||655,962|573,736|
|Services||7|121,455||121,455|55,487|
|Administration||8|489,396||489,396|504,661|
|Investment||9|135,362||135,362||
|Other expenditure||10|653,931||653,931|539,813|
||||4,796,429||4,796,429|4,517,745|
|Governance
Costs|||77,439||77,439|91,673|
|Total||15|4,873,868||4,873,868|4,609,418|
|Net income/(expenditure)|&||||||
|Net Movement
in Funds|||(24,981)||(24,981)|(82,674)|
|Fund balances|||||||
|at I January 2021|||268,852||268,852|351,526|
|at 31December 2021|||243,871||243,871|268,852|
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||||2021|2020|
|---|---|---|---|---|
|Gross Income of|continuing
operations||4&8489887|41526744|
|Total expenditure|ofcontinuing
operations||~4,873,868|~4,609,418|
|Net income/(expenditure)
for the financial||year|~24,981|~82 674|
|(a)
Detailed|analyses ofexpenditure|are provided in the Statement ofFinancial Activities.|||
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|---|---|---|
|GlhWTS|2021|2020|
||f,||
|Bolton Council|2,065,442|1,380,098|
|Losses funded by Bolton Council||466,961|
|JRS and other income|449,947|991,654|
||2,515,389|2,838,713|
|LEISURE CENTRES|2021|2020|
|Wetside|1,129,324|650,744|
|Dryside|136,963|107,164|
|Isospa|48,686|40,870|
|Isospa - membership|957,598|849,092|
|Food and beverages|26,504|22,308|
|Admission
fees|11|246|
|Other income|41,997|16,567|
|Cash variances|(7,585)|1,040|
||2,333,498|1,688,031|
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|FOR|THK YEARENDED 31DECEMBER 2021|||
|---|---|---|---|
|4.|COST OFSALES|2021|2020|
||Food and beverages|20,034|18/75|
||Other saleable items|24,386|12/27|
|||44,420|30,502|
|5.|STAFFRELATED|2021|2020|
||Salaries and wages|2,256,747|2,341,797|
||Employers
liability|354,783|343,894|
||Other staff costs|60,145|109,543|
||Agency/SE
Staff|24/28|18,312|
|||2,695,903|2,813,546|
|6.|BUILDEVG RELATED|2021|2020|
|---|---|---|---|
||Repairs and maintenance|218,755|149,740|
||Utilities|355,947|368,014|
||Cleaning|76,935|55,454|
||Other|4,325|528|
|||655,962|573,736|
|7.|SERVICES|2021|2020|
||Marketing|89,667|32,639|
||Machine hire|910|524|
||Consumables|26,184|14,811|
||Other|4,694|7,513|
|||121,455|55,487|
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|8.|ADMINISTRATION|ADMINISTRATION|2021|2020|
|---|---|---|---|---|
|||||E|
||Communications||11,419|21,523|
||Bank charges||8,442|10,040|
||Other||219,511|261,915|
||Unrecoverable
VAT||238,593|206,342|
||Depreciation||11,431|4,841|
||||489,396|504,661|
|9.|INVESTMENT||2021|2020|
||Other||135,362||
||||135,362||
|10.|OTHER EXPENDITURE||2021|2020|
||Overhead
recharges||249,388|363,842|
||Insurance||69,035|75,971|
||Equipment
replacement|||100,000|
||Management
fee||84,458||
||Surplus repayable|to Bolton Council|251,050||
||||653,931|539,813|
|11.|GOVERNANCE|COSTS|2021|2020|
||Legal and professional||74,164|88,398|
||Auditors
remuneration||3/75|3,275|
||||77439|91,673|
|NOTES TO THE FINANCIAL STATEMENTS (Continued)|NOTES TO THE FINANCIAL STATEMENTS (Continued)|||
|---|---|---|---|
|FOR|THX YEAR ENDED 31DECEMBER 2021|||
|12.|TANGIBLE FIXEDASSETS|||
||||Plant and|
||||machinery|
||||etc|
||COST|||
||At 1 January 2021||18,152|
||Additions|||
||At 31December 2021||18,152|
||DEPRECIATION|||
||At 1 January 2021||6,721|
||Charge for the year||11,431|
||At 31December 2021||18,152|
||NET BOOK VALUE|||
||At 31December 2021|||
||At 31December 2020||11,431|
|13.|DEBTORS|2021|2020|
||Trade debtors|224,997|61,167|
||Other debtors|311/55|466,961|
||Prepayments
and accrued income|74,886|174,839|
|||611 138|702,967|
|14.|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR|2021|2020|
||Trade creditors|42,527|241,782|
||Taxation and social security|49,689|30,968|
||Accruals and deferred income|1,284,578|1,195,676|
|||1,376,794|1,468 426|
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|||Balance|Movement|in funds|Balance|
|---|---|---|---|---|---|
|||01.01.21|Incoming|Resources|31.12.21|
||||Resources|Expended||
|Restricted Funds||||||
|Unrestricted|Funds|268,852|4,848,887|(4,873,868)|243,871|
|Total funds||268,832|4,848 887|~4,873,868|243,871|
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|ANALYSIS OFNET ASSETSBETWEEN FUNDS|ANALYSIS OFNET ASSETSBETWEEN FUNDS||||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total|
|Fund balances at31December 2021||Fundsf|Funds
f|Funds|
|are represented|by:||||
|Fixed assets:|||||
|Current assets:|||||
|Stock||11,264||11,264|
|Debtors and prepayments||611,138||611,138|
|Cash at bank||998/63||998,263|
|Current liabilities:||1,376794||~3,376,794|
|Net assets||243,871||243,871|
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