| Page | |||||
|---|---|---|---|---|---|
| Report ofthe Trustees | I | to | 5 | ||
| Independent Examiner's |
Report | ||||
| Statement | ofFinancial | Activities | |||
| Balance | Sheet | 8 | to | 9 | |
| Cash Flow Statement | 10 | ||||
| Notes to | the Cash Flow Statement | ||||
| Notes to | the Financial | Statements | 12 | to | 19 |
| Detailed | Statement ofFinancial Activities | 20 | to | 21 |
| Statement ofFinancial for the Year Ended 31 |
Activities March 2022 |
||||||
|---|---|---|---|---|---|---|---|
| 31.3.22 | 31.3.21 | ||||||
| Unrestricted | Restricted | Total | Total | ||||
| fund | fund | funds | funds | ||||
| Notes | |||||||
| INCOME AND ENDOWMENTS | FROM | ||||||
| Donations and legacies |
60,586 | 60,586 | 239,195 | ||||
| Charitable activities |
|||||||
| Recreational Facilities |
232,905 | 232,905 | 114,081 | ||||
| Other trading activities |
362,284 | 362,284 | 10,949 | ||||
| Investment income |
8 | 8 | 14 | ||||
| Total | 655,783 | 655,783 | 364,239 | ||||
| EXPENDITURE ON | |||||||
| Raising funds | 32,784 | 32,784 | 7,378 | ||||
| Charitable activities |
|||||||
| Recreational Facilities |
503,070 | 7,400 | 510,470 | 279,181 | |||
| Other | 16,411 | ||||||
| Total | 535,854 | 7,400 | 543,254 | 302,970 | |||
| NKT INCOME/(EXPENDITURE) | 119,929 | (7,400) | 112,529 | 61,269 | |||
| RECONCILIATION | OF FUNDS | ||||||
| Total funds brought | for&vard | 93,194 | 70,300 | 163,494 | 102,225 | ||
| TOTAL FUNDS CARRIED FORWARD | 213,123 | 62,900 | 276,023 | 163,494 |
| Balance Sheet 31 March 2022 |
|||||
|---|---|---|---|---|---|
| 31.3.22 | 31.3.21 | ||||
| Unrestricted | Restricted | Total | Total | ||
| fund | fund | funds | funds | ||
| Notes | |||||
| FIXEDASSETS | |||||
| Tangible assets |
13 | 78,474 | 62,900 | 141,374 | 121,228 |
| CURRENT ASSETS | |||||
| Stocks | 14 | 5,264 | 5,264 | 4,416 | |
| Debtors | 15 | 14,019 | 14,019 | 16,732 | |
| Cash at bank and in hand | 187,003 | 187,003 | 103,683 | ||
| 206,286 | 206,286 | 124,831 | |||
| CREDITORS | |||||
| Amounts falling due within one year |
16 | (31,995) | (31,995) | (36,422) | |
| NET CURRENT ASSETS | 174,291 | 174,291 | 88,409 | ||
| TOTAL ASSETSLESS CURRENT | |||||
| LIABILITIES | 252,765 | 62,900 | 315,665 | 209,637 | |
| CREDITORS | |||||
| Amounts falling due after more than one year |
17 | (39,642) | (39,642) | (46,143) | |
| NET ASSETS | 213,123 | 62,900 | 276,023 | 163 494 | |
| FUNDS | 19 | ||||
| Unrestricted funds |
213,123 | 93,194 | |||
| Restricted funds |
62,900 | 70,300 | |||
| TOTALFUNDS | 276,023 | 163,494 |
| Cash Flow Statement | ||||
|---|---|---|---|---|
| for the Year Ended 31 March 2022 | ||||
| 31.3.22 | 31.3.21 | |||
| Notes | ||||
| Cash flows fr om operating | activities | |||
| Cash generated fiom operations Interest paid |
135,350 ~907) |
116,308 | ||
| Net cash provided by operating activities |
134,443 | 116,308 | ||
| Cash flows from investing | activities | |||
| Purchase oftangible fixed assets |
(46,413) | (108,195) | ||
| Sale oftangible fixed assets |
(436) | |||
| Interest received | 8 | 14 | ||
| Net cash used in investing | activities | (46,405) | (108,617) | |
| Cash flows from financing | activities | |||
| New loans in year Loan repayments in year |
~4,718) | 50,000 | ||
| Net cash (used in)/provided | by financing | activities | ~4,7)8) | 50,000 |
| Change in cash and cash |
equivalents | in | ||
| the reporting period |
83,320 | 57,691 | ||
| Cash and cash equivalents | at the | |||
| beginning ofthe reporting |
period | 103,683 | 45,992 | |
| Cash and cash equivalents | at the end | of | ||
| the reporting period |
187,003 | 103,683 |
| 31.3.22 | 31.3.21 | |||||
|---|---|---|---|---|---|---|
| Net income | for the | reporting | period (as per the Statement of Financial | |||
| Activities) | 112,529 | 61,269 | ||||
| Adjustments | for: | |||||
| Depreciation | charges | 26,267 | 8,113 | |||
| Loss on disposal offixed | assets | 21,507 | ||||
| Interest received | (8) | (14) | ||||
| Interest paid | 907 | |||||
| (Increase)/decrease in stocks |
(848) | 3,096 | ||||
| Decrease/(increase) | in debtors | 2,713 | (252) | |||
| (Decrease)/increase | in creditors | (6,210) | 22,589 | |||
| Net cash provided by operations |
135,350 | 116,308 | ||||
| ANALYSIS | OF CHANGES IN NET FUNDS | |||||
| At 1.4.21 | Cash flow | At 31.3.22 | ||||
| Net cash | ||||||
| Cash at bank | and in | hand | 103,683 | 83,320 | 187,003 | |
| 103,683 | 83,320 | 187,003 | ||||
| Debt | ||||||
| Debts falling | due within | 1 year | (3,857) | (1,783) | (5,640) | |
| Debts falling | due after 1 |
year | ~46,143) | 6,501 | ~39,642) | |
| ~50,000) | 4,7)0 | ~45,202) | ||||
| Total | 53,683 | 88,038 | 141,721 |
| 2. | DONATIONS AND LEGACIES |
DONATIONS AND LEGACIES |
DONATIONS AND LEGACIES |
|||
|---|---|---|---|---|---|---|
| 31.3.22 | 31.3.21 | |||||
| Grants | 60,586 | 204,195 | ||||
| Wiltshire | County Council | 35,000 | ||||
| 60,586 | 239,195 | |||||
| Grants received, included | in the above, are as follows: | |||||
| 31.3.22 | 31.3.21 | |||||
| Other grants | 60,586 | 204,195 | ||||
| 3. | OTHER | TRADING ACTIVITIES | ||||
| 31.3.22 | 31.3.21 | |||||
| Bar and | Coffee Bar sales | 39,340 | ||||
| Activity | sales and fees | 322,944 | 10,949 | |||
| 362,284 | 10,949 | |||||
| 4. | INVESTMENT INCOME | |||||
| 31.3.22 | 31.3.21 | |||||
| Deposit | account interest | |||||
| 5. | INCOME FROM CHARITABLE ACTIVITIES | |||||
| 31.3.22 | 31.3.21 | |||||
| Activity | ||||||
| Membership fees |
Recreational | Facilities | 216,029 | 88,900 | ||
| Miscellaneous income |
Recreational | Facilities | 16,876 | 25,181 | ||
| 232,905 | 114,081 |
| . | RAISING FUNDS | RAISING FUNDS | ||||
|---|---|---|---|---|---|---|
| Raising donations and legacies |
31.3.22 | 31.3.21 | ||||
| Rates and water Insurance Light and heat Repairs and renewals Cleaning Depreciation |
518 290 3,301 1,548 870 14 |
328 258 863 537 312 6 |
||||
| 6,541 | 2,304 | |||||
| Other trading activities |
31.3.22 | 31.3.21 | ||||
| Purchases Staff costs |
22,425 3,818 |
5,074 | ||||
| 26,243 | 5,074 | |||||
| Aggregate amounts |
32,784 | 7,378 | ||||
| 7. | CHARITABLE ACTIVITIES COSTS | |||||
| Support | ||||||
| Direct | costs (see | |||||
| Costs | note 8) | Totals | ||||
| Recreational Facilities |
490,600 | 19,870 | 510,470 | |||
| 8. | SUPPORT COSTS | Governance | ||||
| Management | Finance | costs | Totals | |||
| Recreational Facilities |
10,892 | 7,358 | 1,620 | 19,870 | ||
| 9. | NET INCOME/(EXPENDITURE) | |||||
| Net income/(expenditure) | is stated after | charging/(crediting): | ||||
| 31.3.22 | 31.3.21 | |||||
| Depreciation - owned assets Deficit on disposal offixed assets |
26,267 | 8,113 21,507 |
| 31.3.22 | 31.3.21 | |||||||
|---|---|---|---|---|---|---|---|---|
| Wages and | salaries | 332,298 | 180,576 | |||||
| 332,298 | 180,576 | |||||||
| The average | monthly | number ofemployees | during | the year was as follows: | ||||
| 31.3.22 | 31.3.21 | |||||||
| Activities | 20 | 14 | ||||||
| Management | 3 | 2 | ||||||
| 23 | 16 | |||||||
| No employees received emoluments |
in excess of560,000. | |||||||
| 12. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | |||||||
| Unrestricted | Restricted | Total | ||||||
| fund | fund | funds | ||||||
| INCOME AND ENDOWMENTS | FROM | |||||||
| Donations and legacies |
165,195 | 74,000 | 239,195 | |||||
| Charitable | activities | |||||||
| Recreational | Facilities | 114,081 | 114,081 | |||||
| Other trading activities | 10,949 | 10,949 | ||||||
| Investment | income | 14 | 14 | |||||
| Total | 290,239 | 74,000 | 364,239 | |||||
| EXPENDITURE ON | ||||||||
| Raising funds | 7,378 | 7,378 | ||||||
| Charitable | activities | |||||||
| Recreational | Facilities | 275,481 | 3,700 | 279,181 | ||||
| Other | 16,411 | 16,411 | ||||||
| Total | 299,270 | 3,700 | 302,970 | |||||
| NET INCOME/(EXPENDITURE) | (9,031) | 70,300 | 61,269 |
| Notes for the |
to the Financial Statements - continued Year Ended 31 March 2022 |
to the Financial Statements - continued Year Ended 31 March 2022 |
||||
|---|---|---|---|---|---|---|
| 12. | COMPARATIVES FOR THE STATEMENT | OF FINANCIAL ACTIVITIES Unrestricted |
-continued Restricted |
Total | ||
| fund | fund | funds | ||||
| RECONCILIATION | OF FUNDS | |||||
| Total funds brought | forward | 102,225 | 102,225 | |||
| TOTAL FUNDS CARRIED FORWARD | 93,194 | 70,300 | 163,494 | |||
| 13. | TANGIBLE FIXED ASSETS | |||||
| Fixtures | ||||||
| and | Leisure | Bar | ||||
| fittings | Equipment | Equipment | Totals | |||
| COST At 1 April 2021 Additions |
21,208 7,355 |
151,413 39,058 |
1,357 | 173,978 46,413 |
||
| At 31 March 2022 | 28,563 | 190,471 | 1,357 | 220,391 | ||
| DEPRECIATION At 1 April 2021 Charge for year |
956 5,138 |
51,681 20,857 |
113 272 |
52,750 26,267 |
||
| At 31March 2022 | 6,094 | 72,538 | 385 | 79,017 | ||
| NET BOOK VALUE At 31March 2022 |
22,469 | 117,933 | 972 | 141,374 | ||
| At 31 March 2021 | 20,252 | 99,732 | 1,244 | 121,228 | ||
| 14. | STOCKS | 31.3.22 | 31.3.21 | |||
| Stocks | 5,264 | 4,416 | ||||
| 15. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | 31.3.22 | 31.3.21 | |||
| Trade debtors | 14,019 | 16,732 |
| 16. | CREDITORS: AMOUNTS | FALLING DUE WITHIN ONE YEAR | |||
|---|---|---|---|---|---|
| 31.3.22 | 31.3.21 | ||||
| Other loans (see note 18) | 5,640 | 3,857 | |||
| Trade creditors | 22,714 | 5,209 | |||
| Social security and other taxes |
3,447 | 1,675 | |||
| Accruals and deferred income | 194 | 25,681 | |||
| 31,995 | 36,422 | ||||
| 17. | CREDITORS: AMOUNTS | FALLING DUE AFTER MORE THAN ONE | YEAR | ||
| 31.3.22 | 31.3.21 | ||||
| Other loans (see note 18) | 39,642 | 46,143 | |||
| 18. | LOANS | ||||
| An analysis ofthe maturity ofloans is given below: | |||||
| 3 | 1.3.22 | 31.3.21 | |||
| Amounts falling due within one year on demand: |
|||||
| Lloyds Bank —Government | BounceBack Loan | 5,640 | 3,857 | ||
| Amounts falling between one and two years: |
|||||
| Lloyds Bank —Government | BounceBack Loan | 5,640 | 5,053 | ||
| Amounts falling due between two and five years: |
|||||
| Lloyds Bank —Government | BounceBack Loan | 16,920 | 15,346 | ||
| Amounts falling due in more |
than five years: | ||||
| Repayable by instalments: |
|||||
| Lloyds Bank —Goveimnent | BounceBack Loan | 17,082 | 25,744 | ||
| 19. | MOVEMENT IN FUNDS | ||||
| Net | |||||
| movement | At | ||||
| At 1.4.21 | in funds | 31.3.22 | |||
| Unrestricted funds |
|||||
| General fund | 93,194 | 119,929 | 213,123 | ||
| Restricted funds |
|||||
| Gym Kit | 70,300 | (7,400) | 62,900 | ||
| TOTAL FUNDS | 163,494 | 112,529 | 276,023 |
| Incoming | Resources | Movement | ||||
|---|---|---|---|---|---|---|
| resources | expended | in funds | ||||
| Unrestricted | funds | |||||
| General fund | 655,783 | (535,854) | 119,929 | |||
| Restricted funds |
||||||
| Gym Kit | (7,400) | (7,400) | ||||
| TOTAL FUNDS | 655,783 | (543,2543 | 112,529 | |||
| Comparatives | for movement | in funds | ||||
| Net | ||||||
| movement | At | |||||
| At 1.4.20 | in funds | 31.3.21 | ||||
| Unrestricted | funds | |||||
| General fund | 102,225 | (9,031) | 93,194 | |||
| Restricted funds |
||||||
| Gym Kit | 70,300 | 70,300 | ||||
| TOTAL FUNDS | 102,225 | 61,269 | 163,494 | |||
| Comparative | net movement | in | funds, included | in the above are as follows: | ||
| Incoming | Resources | Movement | ||||
| resources | expended | in funds | ||||
| Unrestricted | funds | |||||
| General fund |
290,239 | (299,270) | (9,031) | |||
| Restricted funds |
||||||
| Gym Kit | 74,000 | (3,700) | 70,300 | |||
| TOTAL FUNDS | 364,239 | (302,970) | 61,269 |
| Net | ||||
|---|---|---|---|---|
| movement | At | |||
| At 1.4.20 | in funds | 31.3.22 | ||
| Unrestricted | funds | |||
| General fund | 102,225 | 110,898 | 213,123 | |
| Restricted funds |
||||
| Gym Kit | 62,900 | 62,900 | ||
| TOTAL FUNDS | 102,225 | 173,798 | 276,023 |
| Incoming | Resources | Movement | ||
|---|---|---|---|---|
| resources | expended | in funds | ||
| Unrestricted | funds | |||
| General fund | 946,022 | (835,124) | 110,898 | |
| Restricted funds | ||||
| Gym Kit | 74,000 | (11,100) | 62,900 | |
| TOTAL FUNDS | 1,020 022 | ~846,224) | 173,798 |
| for the Year End | ed 31Ma | rch 2022 | ||
|---|---|---|---|---|
| 31.3.22 | 31.3.21 | |||
| INCOME AND | ENDOWMENTS | |||
| Donations and |
legacies | |||
| Grants | 60,586 | 204,195 | ||
| Wiltshire County Council |
35,000 | |||
| 60,586 | 239,195 | |||
| Other trading activities |
||||
| Bar and Coffee | Bar sales | 39,340 | ||
| Activity sales and fees | 322,944 | 10 949 | ||
| 362,284 | 10,949 | |||
| Investment income |
||||
| Deposit account | interest | 14 | ||
| Charitable activities |
||||
| Membership fees |
216,029 | 88,900 | ||
| Miscellaneous income |
16,876 | 25,181 | ||
| 232,905 | 114,081 | |||
| Total incoming | resources | 655,783 | 364,239 | |
| EXPENDITURE | ||||
| Raising donations and legacies |
||||
| Rates and water | 518 | 328 | ||
| Insurance | 290 | 258 | ||
| Light and heat | 3,301 | 863 | ||
| Repairs and renewals | 1,548 | 537 | ||
| Cleaning | 870 | 312 | ||
| Depreciation oftangible | fixed assets | 14 | 6 | |
| 6,541 | 2,304 | |||
| Other trading | activities | |||
| Bar and Coffee | shop purchases | 22,425 | ||
| Wages | 3,818 | 5,074 | ||
| 26,243 | 5,074 | |||
| Charitable activities |
||||
| Wages | 328,480 | 175,502 | ||
| Rates and water | 9,849 | 6,222 | ||
| Insurance | 5,507 | 4,896 | ||
| Light and heat | 62,711 | 16,392 | ||
| Carried forward | 406,547 | 203,012 |
| Detailed Statement ofFinancial | Detailed Statement ofFinancial | Activities | ||
|---|---|---|---|---|
| for the Year Ended 31 March 2022 | ||||
| 31.3.22 | 31.3.21 | |||
| Charitable activities |
||||
| Brought forward | 406,547 | 203,012 | ||
| Advertising | 859 | |||
| Sundries | 10,036 | 12,206 | ||
| Repairs and renewals | 29,415 | 13,032 | ||
| Travelling | 61 | 75 | ||
| Cleaning | 16,522 | 5,934 | ||
| Depreciation oftangible | fixed | assets | 26,253 | 8,107 |
| Loss on sale oftangible fixed assets | 21,507 | |||
| Interest payable | 907 | |||
| 490,600 | 263,873 | |||
| Other | ||||
| Temporary Gym costs |
16,411 | |||
| Support costs | ||||
| Management | ||||
| Telephone | 964 | 2,539 | ||
| Postage and stationery | 1,503 | 721 | ||
| Computer expenses |
4,384 | 4,740 | ||
| Legal and Professional | fees | 4,041 | 3,230 | |
| 10,892 | 11,230 | |||
| Finance | ||||
| Bank charges | 7,358 | 2,548 | ||
| Governance costs |
||||
| Accountancy and legal |
fees | 1,620 | 1,530 | |
| Total resources expended | 543,254 | 302,970 | ||
| Net income | 112,529 | 61,269 |