COMPANY NUMBER: 4982682 CHARITY NUMBER; 1117186 BOLTON COMMUNITY LEISURE LIMITED company Ilmlted by gugr8ntee FINANCIAL ST ATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Crane & Partners Chartered Accountants
BOLTON COMMUNITY LEISURE LIMITED CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 PACE SCHEDULE OF ADVISORS CHAIR'S STATEMENT TRUSTEES, ANNUAL REPORT AND REPORTOF THE DIRECTORS INDEPENDENT AUDITORS. REPORT STATEMENT OF FINANCIAL ACTIVITIES SUMMARY fNCOME AND EXPENDITURE ACCOUNT io BALANCE SHEET NOTES TO THE FINANCIAL STATEMENTS 12- 17
BOLTON COMMUNITY LEISURE LIMITED SCHEDULE OF ADVISORS Dlrectors l Trnstees Robert Atkinson Inayat Om&rji Sara Sharrock John Shepley David Singleton Dr Mar8aret Talbot Re%lstered Offlce Honyich Leisure Cenlre Viclori4 Road Hotwich Bolton BL6 SPY Secret&ry John Shepley Audltors Cran¢ & Partners Audit LLP Leonard House 5-7 Newman Road Bromlcy Kent BRI IRJ Solicitor$ Eversheds LLP Senator House 85 Queen Victoria Street London EC4V 4JL Bankers National Wesiminsier 24 Deansgate Bolion Lancashire BLI IBN
BOLTON COMMUNITY LEISURE LIMITED CHAIR'S STATEMENT FOR THE YEAR ENDED 31 MARCH 2025 Over411. there has been a stron8 perforn)ance during ihe year maintaining patronage in excess of 1.6 million. an iiicrease of 300,000 on pre-covid levels. with a stabilisation of the enrolees on the Learn to Swim pro8ramm¢ and H¢alih and Fitness memberships. Financially however ihe h4s be¢n exlrcmely challenging endeavouring to "balance the books" against ih¢ pressures of th¢ in¢r¢asin8 Costs of supplies, uliliiies. salaries and wages that tould not have been envi.8aged when the revised rinanciul forecasl was agreed during the Covid pandemic. Moving forward some of (his pressure should be eased with ihe solar panels Installed al FatT)WOrth Leisure C¢nlre with the support of funding frorn Sport England. The Council is in the process of tendering for an operator for the leisure cenlres for a new len-y¢gr term so as we enteT the final y¢ar of our i¢nur¢ it is peihaps an appropri&le lime lo r¢flfft on the last Iwo decades of OUT partnership wilh the Council #nd our man&8in8 agenl, Suco L¢l3U. Th¢ tw¢nly plus y¢ars can certainly bc described as a "gom¢ of livo halves" The Trust came into being As a vehicle for the Council lo se¢uTe h pnv&i¢ sector Oprralor io invest inro an Ageing focility 8tock, lo bring In a moTe profession)1 gnd commercial approach lo 11$, leisure operation, the majoriry of which comprised of dual u$e centres used by secondary schools during curriculurn lim¢ but op¢n to the public in the evenings. weekends and school holidays. The parthership wilh S¢rro achi¢vcd Lis initial airn wiih Investm¢nt secured, albeii in reallty insurriclent to properly address the ageln¥ and Inappropriate facility mix. The changes in Ihe educalion s¢¢tor willi ihe inlroduclioii of Academies and financial pr¢ssur¢s facing Ihe Council in th¢ mid 2010's brought the ihree partners logeiher to undertak¢ a slrat¢8ic review of leisure provision in Bolion which rcsulicd in a bold and cl)allcn¥in¥ pTop05al for Il?L rnlionalisalion of ¢xislin¥ facililies and new investment. Three of the fomler dual usc cenlres became new build g¢ademies with Ihc sponsors iaking responsibility for facilitatin8 cornmunity use. Whilsi the impact of the opening of the Jason Kenny C¢nlre at Bolton One together with a planned but bold invcslmcnl of over £20 million a¢ross four other facililies Jusiified supporting five other schools taking back ihe management of their own leisure facili11. Tlie Inveslmenl wos sttured through a combination of fundinB commitmenls from the Council, Trust Teserves and external funding bids 10 Sport England and oiher bodies. The resuli has been a lotal and successful IransfoTrnalion of Ihe leisure facilities available in Ihe Borough, 8¢08raphically located as besi as possible to ensur¢ maximum acce4.sibility for Bolion's residents, The old eyesore of the ¢oncTei¢ mulii storey car park at Hotwich has been replaced with a n¢w c¢ntre and more recenily a n¢w healil) hub consirucied adjacent. Ai Westhoughton, new fitness facilities are available Ihrou8hout the day rath¢r Iliaii ai limes rcsiricied by s¢hool use and spaces within LeveThulme have been r¢puq)05¢d to keep up with modern trends and dcm&nd for leisurc. The healih and filncss offer at Bolton On¢ was rem¢)delled io include sauna and steam fa¢ilili¢5, and Famworfh hlls been both fully refurbished and extended to satisfy Ihe denund from the local ¢ornmuniiy. This has INly been 4 memorable journey and one that l and my Board OrTnle¢S are extrefflely proud lo have been part of. I would asain like to thank Trustees, officer5 of th¢ Trust. Bolion Council, Serco and all lh¢ operational slaff for their dedi¢ation and Commilment lo our success and Tebuildin8 ihe leisure offer lor the Bolton family. David Singleton Chair. Bolton Community Leisure Limited 14 November 2025
BOLTON COMMUNITY LEISURE LIMITED COMPANY NUMBER: 498Z682 CHARITY NUMBER: 1117186 TRUSTEES, AiYNUAL REPORT AND REPORT OF THE DIRECTORS FOR THE YEAR ENDED 31 MARCH 2025 Bolton Community Leisur¢ Lirnit¢d was incoTporal¢d on th¢ 2 D¢c¢mber 2003. 11 is a Charity, govern¢d by a set of M¢morandum and Articles of Association, and was registered wilh the Charities Commission on 8 December 2(K)6. The principal activiry of the charity is the mana8emeni of several leisure centres based ihroughoul northem En8land. The affairs of the Charily ar¢ rnana8¢d by ihc dir¢¢tors and thc principal place of operation is Horwi¢h Leisure Centre, Victoria Road. Horwich. Bolton. BL6 SPY. Dlrectors The following dire¢lors have held office since l April 2024.. Robert Aiktnson Inayat Omaiii Sara Sharrock John Shepley David Sirtgleton Dr Margaret Talbol All directors Iisied above are tteeS of the charity. Truslee$' Report InformAtlon Operalion of the Trnsl The facilities are operated under a man88emenl ¢ontra¢l. Where il is impractical io delay decisions to ihe next full meeting of Trnst¢es decisions may be delegaied io Ihe CIIAIT and Vice Chair of Trustees. Re¢Nitmeni and Appoinlmenl of n¢w Trustees New TNsic¢s ar¢ soughi by public advcrtisemenl and apwlinled by existing trustees following ev741uation a8ainsi agreed criteria dcsigned lo fur11ier ihe Tnjsts aims. Induclion and TraininE of Truslecs All Trusiccs iakc pan in "visioning days" designed io share the objeciives of ihe Trust and shape il$ Fure direction. New TTUSl¢es in the current period were appointed in accordance with the Articles of Association. The Chariws objects are: to provid¢ or to assist in providin8 facilili¢s for recreation physical education or oiher leisure time occupation for the general benefil of those living and working in the Borough of Bolton and its neighbourhood without discrimination on Ihe Brounds of sex or ofpolilical religious or oiher opinions lo educate and assist young persons and oiher members of Ilie ¢ommunity in ihe Borough of Bolton and ils nei¥hbourhoDd ihrough Iheir leisure lime aclivilies so as lo develop Iheir physical mental and spirilu?l ¢apacilies and so that iheir ¢ondilion of life may b¢ improv¢d and in funheranc¢ of thai objeci to make available lo the public al the rjcili1i lo be provid¢d by th¢ Charity leclur¢s cla$ses gnd iraining and ¢oa¢hing facililies (2) The TN$i ¢onlinues to play 74n importanl role 10 play in overseeing the manag¢m¢nt of the leisure facilities. which is carried out by Serco Leisure, extending sport and recreational opportunities and improving the quality of service standards. The TTUSI sftd Ser¢0 conlinu¢ to monilor 5¢Tvi¢e SthndaTds.
BOLTON COMMUNITY LEISURE LIMITED COMPANY NUMBER: 4982682 CHARITY NUMBER: IIA7186 TRUSTEES, ANNUAL REPORT AND REPORT OF THE DIRECTORS (Contlnued) FOR THE YEAR ENDED 31 MARCH 2025 Airns Tl)e Trust has a desire and responsibility to develop and maintain high qualily community sport. leisure. physical aciiviry and educational opportunities across Bolion and sutTounding ai¢as. in ord¢r to improve Ihe qualiiy of peopl¢'s lives. The Trust's PTimary funclions lo coordinate and develop oppotlunilies in conjunction with other partners thai are inclusive, accessibl¢ and cost effeclive. The Trust will be managed in accordance with the highest standards of corporate governance and integrity. 11 will seek to improve the healih and lifestyle of the cornniunity, working with and involvin8 the eommunity af each opportuniry. Miln object1v for tthe perlod The Trusl conlinu¢s io pliy an iinportanl role lo play in overseeing the mAnasem¢nl of the leisure facilities. which is carried oui by S¢rco LcisuK. exlendin¥ sport and wr¢alional opportunilies and improving the quality of service 51Andards. The Trust and Ser¢0 conunue lo monitor service siandards. The Trnst has spenl sorne lime with ils pgriners lo refine ils priorities in order to ideniify poleniial inveslmenl opportunities io furfhcr Ih¢ Trust's aims in the conlexi of reduced finan¢io1 support from the Council. Th¢ Chariiy's slralegies for achieving its obje¢tiv¢s are: To ensure that the Council's leisure (acilily Inana8¢m¢nt operator delivers the service in accordance with all conlracliijl docurncnts and any pcrformunLC lar¥LIs )¥reed from time to time To work joiiiily willi other public aiid priva1¢ l¢isur¢ service operators in OTder 10 coniribute lo the ¢Oryordinalton of boruu¥h-wide service d¢liv¢ry wlicr¢ possibl To co-operalc in joini workiiig iniliaiives wilh individual or¥anis81ions or wid¢r partnerships which contribute towards achieving Ihe Trusl's facility niaiia¥einent objectives To work with Bolion MBC to ¢n5urG Ihai opportuniii¢s io ¢nhan¢e leisure facililies Ihtou¥li ¢apitAI invesimenl are rnaximis¢d Fulfil a wider slrale¥ic role wiihin ihe Borou¥h To 8ener4te additional resources ihrough fund raising and securing 8ran¢ aid in order lo furtheT the objectives of the TNSI To conlribule lo borough-wide partnerships involv¢d in communily leisuTe and so¢ial development To mana8¢ the resources of the Trusl 4$ COSI t(feclively as possibl¢ artd maximise financial reSoUeS to be applied to lh¢ TtU51'S tsbje¢iiv¢s To achieve high standards of inle8rity, probity and ¢ICiencY of ihe T1'S operalioiis To ensure Ihal Il)ere arc a surricienl number of Tntsiees and ihai ihey have ihc necessary skills 10 represeni the ii)leTesls of ihe wider communily Coals The Trustees have established the followin8 Goals. to provide a focus for ihe Trust's activities in ihe final ycar ol opcralion. The ar¢ in line with ihe Ts1 Mission 8nd Objectives and based on ils undersiandin¥ of ¢ommunily need and the cuml context for sport and leisur¢ provision in Bolton.
BOLTON COMMUNITY LEISURE LIMITED COMPANY NUIVIBER: 4982682 CHARITY NUMBER: 1117186 TRUSTEES, ANNUAL REPORT AND REPORT OF THE DIRECTORS (Contlnlled) FOR THE YEAR ENDED 31 MARCH 2025 In order io achiev¢ the above goals, the Trnsi will focus on lh¢ following goals over the fin&1 yw of operalion: Comprehensively review managemenl inforniaiion r¢quir¢ments and froni-of-hous¢ and other sysiemsiprocesses used io enable appropriat¢ data ¢aptur¢ wilh regard io uscrs. EnsuTC Ihe inf0mlion is aftttlysed and preseftied in appropriaic fomials lo infom) ond drive PTiorilies and programmes. Infomied by improved management infomaiion and oiher intelligence, undenake largeied marketin8 ioifor specific groups and communities and ensure ihe"PT(Mluct(s)" offercd by the Trust are d¢5igned io meel expressed need. To both maintain and In¢rease pariicipalion by the curreni ¢u$iomer blse and T¢du¢e levels of non pani¢ipaiion. Working wilh Ihe Bolton Coun¢il. Serco Leisure. health and other providers, identify and aclively largel Ihose rnosl in need lo drive Increased participa¢ion. Ralionalise the facility stock ensurill8 Ih•¢ wh•t remains is appropriale and fil for Purpose and al the slme lime investigaie addilional opporiunilies for existing siles. Review cenire programmes and ideniify focus sports and a¢tivities ¥ppropri•te io local d¢mand and n¢¢ds taking into accounl NGB inl¢r¢sl In working inlwiih BoS10n. To hav¢ and maintsin an awar¢n¢s5 of other providers and forge appiopTial¢ links to enhance oveTall provision in the Borough. FMndln8 Bolton Community Leisure TNsi and Serco agreed a deed of varialion lo ihe previous 2003 contract agreement commencing from April 2021. This deed of varialion allows foT regular review of ihe Serco fingn¢es relaiing 10 the Trusi's leisure servi¢es on on open book b8$1$. Any underspend l overachi¢vemcnl a¥ainsl ihe conlracl will b¢ r¢iurned lo the TThsl, with Ihc TNst subsequently relurnin¥ (he sury)lus lo the Council. Investment funded Irom shart of Surplus In the period, Invesimeni funded from the share of surplus has been incurred for a contribution lo a new oukloor gn in Old Sialion Park as part of a wider refurbishment. Reserves li is ihe policy of Ihe charily lo mainiain unresiricied funds, which are free reserves of Ihe charity, al a level lo meel anlicipaled unreslricted expendilure. This Provides Su1Clent funds to cov¢r mana¥¢ment and adminislration and 5UPPQrt cosls. Unr¢stri¢ted funds wcre mainlain¢d at this level throu¥hout the period. The charity inlcnds to mainlain a minimum r¢servc of £20.000. The company does noi make dislribuiions io rnembeTS, and there is a minirnal exposure io foreign exchange flucallOns. Revlew of Iht ptrlod A review of the period has been included in Ihe Chairfs Siutemenl on p&ge 2. Risk ManAgement The Irust¢es have examined the major Sir&t¢¥i¢, business and opeTO1ional risks which the ¢littrily f&¢es and ¢onfirni that systems h8ve been esl4bli5hed lo en8ble regular Teports to be prodiiL¢d so Ihal Ihe necessary sleps can be t4ken lo lessen these risks. The syslems of intern&1 conlToI are designed to provide reasonable, but iiot absolute, assurdnce against rnisstalemenl or loss. They include.. A slralegic plan aild an annual bud¥et proVed by the direclors. Re¥ular consideration by the director5 of financial resulis, variance from budgets, non-financial perforniance and benchmarkin¥ reviews. Dclegaiion of authority and se8regation of duties. Idenlificatson and managemenl of risks.
BOLTON COMMUNITY LEISURE LIMITED COMPANY NUMBER: 4982681 CHARITY NUMBER: 1117186 TRUSTEES, ANNUAL REPORT AND REPORT OF THE DIRECTORS (Continued) FOR THE YEAR ENDED 31 MARCH 2025 Publ1¢ Benefit St&ttmtnt The Tn]stees have complied with iheir duly In section 17 of the Charilies Act 2011 to have due regard lo Ihe guidance on publi¢ benefit publislied by ihe Charities Commission in exercisin¥ Iheir powers and duiies. Dlrtttors, Responslbllldes The direcloTS are r¢spon5ible for preparing the financial siatemenls in occordance with applicable law &nd United Kin8dom Gencrdlly Accepted Accounting Practice. Company law requires the directors prepare fin&ncial ststsm¢nts for each financial period which give a true and fair view of the stale of affairs of th¢ compony and of ihe profit or loss of the company for that period In preparing those financial slal¢m¢nts. the director5 are required io= selccl suitablc accounting poli¢i¢s lind Ihcn iipply th¢m Lonsisli'nily. rnake judgements and esiimale8 Ihat are reasonable and prudent," prepare Ihe financial slalemenls on ihe going concern busis unless il is inappropriale to prcsumc Ihat the cornpany will continue in business. Tl)e directors are responsible for keeping proper nccoiinling records which dis¢lose wilh reasonable accuracy at any lime the financial position of the company and to enable ihen) io ensure ihal ihe financial $lalcm¢nlS comply wilh lh¢ Companies Act 2006. They are also responsible for safeguarding the Jsseis of Ihe company and hence for taking reasonable sieps for th¢ PTev¢ntion and deieclion of fraud and other irre8ularilics. Stittment •$ lo Dls¢losur¢ •f InformAtion io Audltori So fur AS ihe direciors are aware, there Is no relevanl audil Infomthtion of which the CoMpanS auditors are unaw8r¢, aiid each director has iak¢n all the slep$ ihai he ought to have taken 0$ a direeior in ordeT lo make himself aware of any relevant 4udit infomialion and lo esiAblish Ih&i Ihe company's auditors are aware of thal infomiaiion. Audl¢o A resolution to reappoint CTane & P8rtnets Audil LLP as audilors will b¢ proposed ai Ihe Annual G¢n¢ral Meeiin8. This report h8s be¢n prepared in a¢¢ordance with the sm&ll cornpany regime, Se¢iion 41912) of the Cornpanies Act 2006 relating lo small companies. By order of the Boird John Shepley Secret&ry 14 November 2025
INDEPENDENT AUDITORS, REPORT COMPANY NUMBER; 4982682 CHARITY NUMBER: 1117186 TO THE MEMBERS OF BOLTON COMMUNITY LEISURE LIMITED FOR THE YEAR ENDED 31 MARCH 2025 Oplnlon We have audilcd Ihe finAn¢ial Slatemenls of Bolion Communily Leisure Limiid (the '¢harilablc compan) lor Ilie period cnded 31 March 2025 which comprise Ihe Staiemeni of Financial Aciivities, Ihe Balance Sheei, tli¢ Sutnmary Income and Expendiiur¢ Ac¢ount and noi¢s to lh¢ financial stalemcnts. incliiding a sumin8ry of signific8nl 4¢¢ounling poli¢i¢s. Th¢ financial reporting framework that has been applied in Iheir preparation is applicable law and United Kingdom Accounting Stsndards (United Kingdom Generally Ac¢epfed Accouniing Practice). In our opinion the finaneial 51alernenls- give a true and fair vi¢w of lh¢ slate of the ¢harilable companls affaiTS as al 31 March 2025 and of ils incomin8 r¢sourc¢s and application of resources, including ils incorne and expendiluie, for the period then ended. havc becn properly prepared in accordanre with Unit¢d Kin8dom G¢n¢rally A¢c¢pled A¢¢ountin8 Pra¢li¢e; 4nd have b¢¢n prepared in accordance with the requirements of Ihe Companies Act 2006. Basls for oplDlon We conducted our audil in accordance with bilemalional Siand&rds on Audiling IUK) (ISAS {UK)) and applicable kaw. Our responsibilities under ih05e slandards are further described in the Audilor5 responsibilitie5 for the audit of the financial Stat¢m¢n15 5¢¢1ion of our r¢port. We arc indcpcndcnt of tlie charitablc company in a¢cordanc¢ with lh¢ ethical re91r¢n7Cnls Ihal are relevant lo our audil of the financial slalemenls in ihe UK, including Ihe FRC'S Ethical Siandard, and Ihe provisions available for small enlilies, and we have fulfilled oiir other ethical rcsponsibililies in accordance with ihe5e Tequirernents. We believe thal the audit evidence we have obtained is sufficient and appropriate lo provide a basis for our opinion. Concluslons relY4tlng lo golng Concern We have nothin8 to report in resp¢¢i of Ihe following mallers ill relation to whi¢h lh¢ ISAS (UK) r¢quire us to report io you where.. Ihe Irusiees, use of the going concern basis of accouniing in ihe preparniion of Ihe financial SleMentS is not appropriate; or Ihe irustees have noi dis¢lo$¢d in lh¢ finan¢i818latemenfs any identified mgteriol un¢ertainiies thai may ¢asi 518nificani doubi aboul thc charilablc compang5 ability lo conlinuc lo adopt ihe 80in8 concem basis of accounling for a period ofai Icasl Iwclvc month5 from the dale when the financlal slaiemenls are auihorised for issue. Othtr Informatlon The Irustees are responsible for the other infornialion. The other infornialion comprises the Infornll0n included in the annual report, other than the financial statements and our Report of the Indepeftdeni Auditor$ ther¢on. Our opinion on th¢ financial siaiemenls does noi ¢over ih¢ oiher infonn41ion and, ¢x¢¢pl 10 tlie exleni olherwis¢ expliciily siai¢d in our report, we do not express any fonn of assurance conclusion Ihereon. In eonneciion wilh our audit of the financial staiemenis, our responsibility IS 10 read Ihe other infomation and, in doing so. consider whether the other informaiion is maierially inconsistent with ihe financial slaiemenis or our knowledge obtained in th¢ audit or otherwise appea 10 be mal¢rially missiaied. If we idenlify such maierial in¢onsisi¢n¢ie8 or apparent material rnissl4l¢menls, Ivc required lo delerniin¢ whether Ih¢rc is a material misslatem¢nl in the financial sl&temenls or a maierial misslalcmcnt of the other infornialion. If, ba8cd on ihe work we have pcrfornicd, we conclude that ihcrc is a material misst4t¢nieiii of tliis oih¢r infomi81ion. we are r¢quired lo report ihal f4¢1. We have nothing 10 T¢POrt in Ihis regard. Matters on whlch we are requlred to report by exceptlon We have noihin¥ (o report in respect of the followingy malters where the Charilies Act 2011 requires us lo report lo you if. in our opinion: the inf0mtiOn given in ihe Report of the Trnslees is inconsistent in any material respect wilh ihe financial slatemcnls ,' or the chariiable company has not kept adequate aecounling Tecords- or th¢ financial stat¢m¢nts are noi in a8reem¢nt witl) tlie a¢countin8 records and returns; or we have not received all ihe information and explanations we require for our audil.
INDEPENDENT AUDITORS, REPORT COMPANY NUMBER: 4982682 CHARITY NUMBER: 1117186 TO THE MEMBERS OF BOLTON COMfvIUNITY LEISURE LIMITED FOR THE YEAR ENDED 31 MARCH 2025 Re$ponslbllltles of trustees As explained more fully irt the Stsieinenl of Trusiecs Kesponsibililies, the irus1¢¢5 {who are also Ihe diiectors of the charitable company for the purposes of company law) are responsible for the preparalion of Ilie fiiian¢ial statetnent5 and for b¢in¥ satisfied Ilial they give a Irue and fair view, and for such intemal control hs ihe Iruslees deteine 15 ne$sary (o enable Ihe preparation of financial sialemenis Ilial arc free from material miss¢aiemenl, wh¢iher due lo fraud or etror. In preparing the financial slatement5. the trnstees tsre responsible for assessing the charitable ¢ompanYs ability to continue as a 80ing concern, disclosing. as applicable. matters related io going concern and using the going Concern basis of accounting unless the trnstees either intend to liquidaie Ilie charitable company or to ¢eas¢ op¢rations, or have no realistic aliernativ¢ but lu do su. Our r¢sponslbllliles for the audlt of th¢ Ilnll¢ll statements Our objeclives are lo obtain r¢Asonable assurance about whetli¢r lh¢ financial sialements as a whole aTe free from maierial misstatem¢nl, whether due to fTaud or error. and lo issue a Report of th¢ Ind¢p¢nd¢nt Auditors Ihal includes our opinion. Reasonable assurance is a hi8h level ol. assurance, bul is not a guaranlec Ihal an audil ¢ondu¢t¢d in accordance with ISAS (UK) will always delecl a material misstatement when li exists. Misslatemenls can arise from fraud or ¢rror and are consideTed material if. individually or in the aggrcgale. they could reusonably be expe¢ied 10 influence the e¢onomi¢ decisions of users iaken on the basis of these financial 51aiemenls. A further descripiion of our responsibilities for ihe audit of the financial Sla1ellIS is located on the Finon¢i41 Reporting Council's w¢bsile at www.frc.or¥.uklaudilorsrespoiisibilili¢s. This dcscriplion lornis pan of our R¢pon of the Independeni Aiiditors. U$¢ of our report Thi5 Teport 15 made solely lo th¢ charilabl¢ companls trustees, as a body. in a¢¢ordance with Section 144 of Ihe Charities Act 2011 aiid regulations made under Section 154 of thal Acl. Our #udil WOTk has b¢¢n undertaken so that we might slate lo th¢ charjlable companls trustees those mallers w¢ are required lo slal¢ lo Ihem in an 8udiiors' report and for no oiher pu0$¢. To the fullest exlenl p¢rniitted by law, we do not accepi or assume responsibility lo anyvnc oih¥r Ihan lh¢ ¢hariiable company and the charilable companys Irusle¢s as 3 body, for our audii work, for ihis report, or for the opinions we h4ve fom)¢d. Cr8ne & Partn¢rs Audjl LLP Siaiulory Auditor Leonard House 5-7 Newman Rowj Bromley, Kent BRI IRJ 14 November 2025 Crane & Partners Audit LLP are eligible io aci as an audiior in iem]s of seciion 1212 of the Companies Act 2006.
BOLTON COMMUNITY LEISURE LIMITED COMPANY NUMI BER: 4982682 CHARITY NUMBER: 1117186 STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025 Unrestrleted Funds Restrlcled Funds Total 2025 Tot&1 2024 Income and endowments from Gr&nts 1.780.905 .780,905 1,697,788 Charltable actlvldes Leisure Centres 5,IK16,522 5.006.522 4.560,711 Investment Income Total 15 6.787,427 6.787.427 6,258,499 EXPENDITURE ON Charltable actiwili Cost of Sales Staff related Building lated Servi¢es Adminislralion nv¢stment Oih¢r exp¢nditur¢ 85,657 3.949,771 .103.171 175,996 716,772 85,657 3,949,771 1,103,171 175,996 716.772 103,596 3.710.909 1,059,185 141,934 644.947 10 729.863 6,761,230 729.863 6,761,230 618,060 6,278.631 GovernAnct Costs li 123.676 123.676 99.441 Tolal 15 6,884.906 6,884,906 6,37R,072 Nel in¢ome1(expendltre) & Net Movemeni In Fund5 (97.4791 (97,479) (119,S73) Fund balwnces ai l April 2024 180.472 180,472 300.045 ai 31 March 2025 82.993 82.993 180.472
BOLTON COMMUNITY LEISURE LIMITED COMPANY NUMBER: 4982682 CHAIUTY NUMBER: 1117186 SUMIMARY INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 2025 2024 Gross Income of continuin8 operations 6.787,427 6,258,499 TOMI expenditure of conlinuing operations 6,884,906 6,378.072 Nel incomel(expendilure) for the financial p¢riod (97,479 119573 (•) Detsiled analyses of expendituff ar¢ provid¢d in the Sialemcnt of Financial Activi11. Ib) The Summary of Income and F.xpendittire Aecouni Is derived fmm ihc Stalemeni of Finanei81 Activities on pa8e 9 which. together with the noies on pages 12 10 17, provid¢s full inf0mtIOn on the movemenls during ihe period on all Ihe charl$ funds. CONTINUING OPEIiATIONS None of the ¢ompanys acliviiies were acquired or discontinued durin8 the current or pr¢viou5 period. STATEMENT OF TOTAL RECOGNISED GAINS AND LOSSES The company ha5 no recognised gains or losses other than ihose dealt wilh in the Stalcmcnt of Financial Activities for both the Current and previous peTiods.
BOLTON COMMUNITY LEISURE LIMITED COMPANY NUMBER: 4982682 CHARITY NUMBER; 1117186 BALANCE SHEET AS AT 31 MARCH 2025 2•25 2024 No¢es Fixed Assets 12 Current Assets Stock Debtors and prepayments Cash al bank and in hand 26.335 430.982 436,635 893.952 29.963 111,232 832.990 974,185 13 Current Llabllliles Crediiors- Amounis fallin8 due within one year 14 810,959 79J.713 Net Current Asiets 82.993 180.472 Nel Assets 82.993 180472 Fundi Restricied funds Unrestricted funds 15 15 180,472 82,993 180472 The charil&ble company is eniiiled lo exemption from audil under Section 477 of the Companies Act 2006 for the period ended 31 March 2025. The members have noi deposited notice, pursuant to Section 476 of the Companies Act 2006 requiring An aiidit of Ihest rinan¢ial $iatemenis. The tn151ee5 acknowledge their responsibilities for la) ensuring Ihal the charitable company keep5 accounling r¢cord$ thai comply with Seelions 386 and 387 of Ihe Companies A¢1 2006 and Ib) preparing financial statements which give a ttve and fair view of ihe slate of affairs of the charilable company as al the end of each financial year and ofils SUTplus or d¢fi¢il for ¢ach financial period In accordance with the requircmcnts of Scclions 394 and 395 and which oihctwis¢ comply with th¢ requirements of th¢ Cornpanie5 A¢f 2000 relating to financial slateillents. so far as applicable to the cl)aritable company, These financial slatemenls have been audiled under the requiremenls of Seclion 144 of the CIri11eS A¢1 2011. Tl)e finrLncial statements were approved by the Board of Trnstees on 14 November 2025 and were signed on its behalf by= Davld Siiiglelwi Chair l Director
BOLTON COMMUNITY LEISURE LIMITED COMPANY NUMBER: 4982682 CHARITY NUMBER: 1117186 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 ACCOUNTING POLICIES T11¢ financial statements of the chariiable company, which is a public berit enlity under FRS 102, have been prepared in 8¢¢ordan¢e iviih lh¢ Charities SORP (FRS 102) 'Accounling and Reporting by Chariti¢5'. Statement of Recomrnended Practice applicable lo chonti¢s pr¢paring th¢ir accounts In accordance with the Financial Reportin8 Standard applicable in the UK and Republic of ITeland (FRS 102) (¢ff¢ctiv¢ l January 2015)., FiT)ancial Reportin8 SIAndard 102 'The Financial Reponing Standard applicable in the UK and Republic of Ireland, and the compani Act 2006. The financial slalemenls have been prepared under the historical ¢ost ¢onv¢ntion. Income Income is recorded when r¢c¢iable whenever the amount is known, oilierwise il is recorded on a cash received basis. Granis rec¢ivoble are credited lo income for ihe penod for whi¢h Ihey are 8iven. Granls Te¢¢ived in respect of fvture period5 Ure ¢reated as deferred in¢om¢ in the Bal•nce Sheet. Expendlture Expenditure is taken into account when il is incurred. Sto¢k Siock is stated al the lower of ¢osl and nel realisable value. LeAse5 Rental cosis under operating leases are charged io ihe income and expenditure accouni in equal annual insialmenls ovcr Ihe period of Ihe lease. Penslons Thc company participales in the Greaier Mun¢hesier Sup¢rJnnuatton Fund, a defined contribution scheme. The 8mounis paid and due are shown in note 17. Tn%lble Flxed Att$ Dcpreci)tion 14 provided al the followin8 Tate in OTder lo write off each asset over its useful e¢onomi¢ life: Planl und Ma¢hinery- 3 Years Strai8hi Lin¢ GRANTS 2025 2024 BOln Coun¢ll .780,905 1,697.788 1,780,905 1697 788 LEISURE CENTRES 2025 2024 Weisid¢ Drysid¢ Isospa Isospa - membership Food and beverages Oiher income Cash variance5 2,035,183 269,345 148,266 2.360,454 14,943 76.375 1,956 1.954,057 227,428 115,751 2.093,594 76,879 77,598 15,404 5.006.522 4,560,71 12
BOL TON COMMUNITY LEISURE LIMITED COMPANY NUMBER: 4982682 CHARITY NUMBER: 1117186 NOTES TO THE FINANCIAL STA TEMENTS (Cothilllued) FOR THE YEAR ENDED 31 MARCH 2025 COST OF SALES 2025 2024 Food and beverages Oiher sal¢able items 56.290 29.367 56.997 46,599 85,657 103,596 STAFF RELATED 2025 2024 Salaries and wascs Employ¢rs118bilily Other staff cosls A&encylSE Staff 3.337,866 455.108 86,829 69,968 3,101,943 428.010 100,512 80.444 3 949,771 3,710,909 During the period the average number ofemployees wa$ 19012024: 181). No ernployS had ernolument5 above £60,000. The Iruslees did noi receive gny remuneTation duriny th¢ period. Moderdle travelling expenses are paid wliere appropnale and when accompanied by Appropriat¢ supportin¥ documentation. BUILDING RELATED 2025 2024 Repalrs and malnlenancc 364,116 624,496 84.352 30,207 349,538 589.130 89,997 30,520 Cleaning Oth¢r 1 103 171 1.059.185 SERVICES 202S 2024 Marketing Machine hire Consumables Other 118.087 5,985 46,106 5,818 61,903 2.210 72,309 5,512 175.996 141,934 13
BOLTON COMMUNITY LEISURE LIMITED COMPANY NUMBER: 4982682 CHARITY NUMBER: 1117186 NOTES TO THE FINANCIAL STATEMENTS (Contlnued) FOR THE YEAR ENDED 31 MARCH 2025 ADMINISTRATION 202S 2024 Communications Bank Charges Other Unrecoveiable VAT 8.198 22.021 280,536 406.017 4.857 19,792 243,692 376.606 716,772 644.947 INVESTMENT 2025 2024 Ixhcr io. OTHER EXPENDITURE 2025 2024 Ovcrhcad recharges insurance ManA8emeni fee 413.866 51.877 264.120 399,103 45,096 173,861 729,863 618,060 GOVERNANCE COSTS 2025 2024 Le8al and professional Auditors remuneration 120,376 3,3IKI 96,041 3,400 123,676 99,441 14
BOL TON COMMUNITY LEISURE LIMITED COMPANY NUMBER: 4982682 CHARITY NUMBER: 1117186 NOTES TO THE FINANCIAL STATEMEIYTS (Contlnuedl FOR THE YEAR ENDED 31 IVIARCH 2025 12. TANGIBLE FIXED ASSETS Planl *nd machlnery ele COST Ai l April 2024 18.152 Addilions Ai 31 March 2025 18,152 DEPRECIATION At l April 2024 18,l52 Ch8r8¢ for th¢ period Ai 31 March 2025 18.152 NET BOOK VALUE Ai 31 March 2025 Ai 31 March 2024 JJ. DEBTORS 202S 2024 Trade debiois PrepayTh¢nts and accrued income 132,1 298,871 49,484 61.748 430,982 111,232 14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Trade creditors Taxation and social securily Accrumls and deferred income 112.620 57.259 641,080 41,093 70,529 682,091 810,959 793.713 15
BOLTON COMMUNITY LEISURE LIMITED COMPANY NUMBER: 4982682 CHARtTY NUMBER: 1117186 NOTES TO THE FtIYANCIAL ST ATEMENTS (Colltlnlled) FOR THE YEAR ENDED 31 MARCH 2025 15. FUNDS Resiricied funds hold amounts received for specific acliviii¢s and ¢xp¢nditure on those activities is sel against those amounts. Unreslricled funds compTiSC incomc rcccivcd for general use ofthe Charily. B414n¢¢ 01.04.24 Movement In funds Incomlng Resources Resourees Expended Bln¢e 31.03.25 R¢strl¢ted Funds Unrestrlct¢d Funds 180.472 6.787,427 {6.884.906) 82.993 TotAI (undj 180,472 6,787,427 6 884 906 82.993 Tlle balance on these funds Is repTesented by Ihe assets and liabilities of the Charity and an analysis of these assets and liabilitie$ beiween restricied and unreslricied funds is shown in note 16. A6. ANALYSIS OF NET ASSETS BETWEEN FUNDS Unrejlrlcted Fundi Restrleted Funds Total Funds Fynd bal*nce5 Ilt 31 arch 21125 re represenled by: Flxed asse¢s.' Ciiri'eiil assels.. Siock Debiors and prepallent8 Cash al bank 26.335 430.982 436,635 26.335 430,982 436,635 Ciiri'eni liabilities.. 810,959 810,959 N¢1 Assets 82,993 82.993 17. PENSION COSTS Tile company contrilwte at a rate of18.70/0 of gross salaries to ihe Greater Manchester Super&nnualion Fund. Payments to the fund tolalled £206,76512024'. £198,976) and £nil was outsianding al ihe p¢riod end (2024.. £nil). 16
BOLTON COMMUNITY LEISURE LIMITED COMPANY NUMBER: 4982682 CHAIUTY NUMBER: 1117186 NOTES TO THE FINANCIAL STATEMENTS {Con¢lnued) FOR THE YEAR ENDED 31 MARCH 2025 COfvIPANY STATUS Th¢ company is limiled by guuTanlee and thus has no share capitsl. Each of the members has undertaken lo contribute the sum of £1 O in the eveni of lh¢ company b¢ing unable to meet lis liabiliii¢s. Ag ai 31 March 2025 ihere aTe 6 members. 17