2023-03-31-accounts

Trustees report
Independent auditor's	report
Statement offinancial	activities
Balance sheet
Statement ofcash flows
Notes tothe financial	statements

			Unmstrtctsd	Unrestricted
			funds	funds
			2023	2022
		Notes	6
Income from:
Donations snd legacies		3	429,689	654,346
Charitable activibes:
Leisure activities		4	3,698,753	3,196,757
Funding income		4	95,440	73,440
Total Income			4,223,882	3,924,543
Expenditure on: Charitable activities		5	4,346,626	3,760,022
Net (expenditure)flncome Net (outgoing)/incoming	forthe yearl resources		(122,744)	164,521
Dther recognised gains Actusrial gain on deflned	and losses beneflt pension schemes		1,065,000	724,000
Net movement in funds			942,256	888,521
Fund balances at 1April	2022		(1,751,388)	(2,639,910)
Fund balances at31March 2023			(809,132)	(1,751,389)

					2023
				Notes	f
Fixed assels
Tangible assels					1,927,838		2,104,564
Current assete
Stocks				10	13,637	11,987
Debtors				11	206,651	114,681
Cash at bank and in	hand				143,609	372,011
					363,897	498,679
Credltom: amounts one year		falling due within		14	(1,496,824)	(1,540,598)
Net current liabiliTies					(1,132,927)		(1,041,919)
Total assets hms current			liabilities		794,911		1,062,645
Creditors: amounts more than one year		falling due after		16	(1,626,043)		(1,914,034)
Net assets excluding		pension surplusl(deficit)			(831,132)		(851,389)
Defined benefit pension surplus/(deficit)				17	22,000		(900,000)
Net liabigtles					(809,132)		(1,751,389)
Income funds
Unrestricted funds:
General unrestricted	funds				(831,132)	(851,389)
Pension reserve					22,000	(900,000)
					(809,132)		(1,751,389)
					(809,132)		(1,751,389)
The financial ststeme			re approved	by the Trustees	on!~tD&..V 2-0~3
H-I.

				2023		2022
			Notes			8
Cash flows from operating activities Cash generated from operations			23		82,551		577,556
Investing	acthritles
Purchase	oftangible fixed assets			(55,218)		(43,008)
Net cash	used in investing	activities			(55,218)		(43,008)
Financing	acttviges
Repayment	ofborrowings			(19,247)		(17,197)
Repayment	ofbank loans			(174,590)		(152,453)
Payment ofobligations under finance leases				(61,898)		(72,938)
Net cash	used in financing	scthritles			(255,735)		(242,586)
Net (decrease)/increase in equivalents		cash and	cash		(228,402)		291,962
Cash and	cash equivalents	st beginning	ofyear		372,011		80,049
Cash and	cash equivalents	at end ofyear			143,609		372,011

					2023	2022
						6
Government		and other grants			60,300	371,136
Donation	from fellow group company Absolutely		Together Trading	Ltd	333,490	263,482
Otherdonstiona					35,899	19,728
					429,689	654,346

		Leisure	Management	Total	Leisure	Management	Total
		activities	fees	2023	activities	ress	2022
		2023	2023		2022	2022
		2	r.		0	2
Charitable	scbvitisa	3,698,753	95,440	3,794,193	3,196,757	73,440	3,270,197

Charitable ac	tivities
		Dimct Costs	Support Costs	Total 2023	Direct Costs	Support Costs	Total 2022
		2023	2023f		2022	2022 8
Staff costs		1,617,731		1,617,731	1,329,913		1,329,913
Depreciation			231,943	231,943	-	262,552	262,552
Overheads
		85,602	2,133,710	2,219,312	63,652	1,789,018	1,852,670
Lease Charges Other Loan Interest			1,966 11,241	1,966 11,241		1,574 24,018	1,574 24,018
Bank Charges Legal and Professional			50,931 28,415	50,931 28,415		67,818 4,750	67,818 4,750
Defined Benefit Pension
Costs			143,000	143,000		151,000	151,000
Consultancy			20,087	20,087		49,727	49,727
Governance	costs
Auditors Remuneration			22,000	22,000		16,000	16,000
		1,703,333	2,643,293	4,346,626	1,393,565	2,366,457	3,760,022

The average monthly number ofemployees during th	e year was:
	2023	2022
	Number	Number
Leisure activities	99
Employment costs	2023 5	2022 8
)Nbgss and salaries Social security costs Other pension costs	1,464,300 96,675 56,756	1,203,475 75,468 50,970
	1,617,731	1,329,913

2023	2022
Number	Number

			Leasehold	Improvements	Plaiit arid	Total
			properly f	to propeny	machlilery
Cost
At 1April 2022			1,832,270	603,782	2,877,918	5,313,970
Additions					55,218	55,218
At 31 March	2023		1,832,270	603.782	2,933,136	5,369,188
Depreciation	and impairment
At 1April 2022			256,518	603,782	2,349,107	3,209,407
Depreciation	charged	in the year	73,291		158,652	231,943
At 31 March	2023		329,809	603,782	2,507,759	3,441,350
Canying amount
At 31 March	2023		1,502,461		425,377	1,927,838
At 31 March	2022		1,575,752		528,812	2,104,564

10	Stocks
				2023	2022
	Finished	goods and goods for resale		13,637	11,987
11	Debtors
				2023	2022
	Amounts	faglng due within one year:		8
	Trade debtors			7,752
	Amounts	owed by fellow group undertakings		38,400
	Other debtors			16,649
	Prepayments		and accrued income	143,850	113,819
				206,651	114,681
12	Loans and overdrafts
				2023	2022
	Bsnkloans			1,584,359	1,758,949
	Other loans			8,625	27,872
				1,592,984	1,786,821
	Payable Payabls	within afier	one year ons year	186,147 1,406,837	175,966 1,610,855
	Amounts	induded above which fall due after five years:
	Payable	by instalments		950,518	991,500

13	Finance lease commitments	Finance lease commitments
	Future minimum lease payments		due under finance leases:
					2023f	2022f
	yifithin one year ylthin two and fiv	years			43,973 42,539	60,538 87,872
					86,512	148,410
14	Creditors: amounts	falling due	within one year
					2023	2022
				Notes		2
	Bank loans			12	177,522	156,719
	Obligations under finance leases			13	43,973	61,898
	Other borrowings				8,625	19,247
	Other taxation and social security				61,241	25,764
	Deferred income			16	424,138	444,972
	Trade creditors				434,397	444,340
	Amounts owed to fellow group undertakings					10,752
	Other creditors				71,593	96,323
	Accruals				275,335	280,563
					1,496,824	1,540,598
5	Creditom: amourds	falling due	after more than one year
					2023	2022f
	Bank loans			12	1,406,837	1,602,230
	Obligations under finance leases			13	42,539	86,512
	Other borrowings					8,625
	Other creditors				176,667	216,667
					1,626,043	1,914,034

16	Deferred Income
				2023	2022
				5
	Arising from grants			190,752	238,000
	Arising from block bookings/events			233,386	206,972
				424,138	444,972
				2023	2022
				8	5
	Deferred income is	induded	within;
	Cumsnt liabE/ties			424,138	444,972
	Movemsnts in the year. Defensd income at 1April		2022	444,972	136,800
	Released from previous periods			(254,220)	(136,800)
	Resources deferred	in the year		233,386	444,972
	Deferred income at	31 March 2023		424,138	444,972

Mortality assumptions	Mortality assumptions
The assumed	life expectations			on	retimment			st	age 65	are:
													2023	2022
													Years	Years
Retiring today
-Males													21.1	21.3
-Females													23.9	24
Retiring in 20years
-Males													22.3	22.6
-Females													25.3	25.4
Amounts recognised in the profit and loss							account:
													2023	2022
													8	8
Cur lent ssnrice	cost												164,000	161,000
Net intewst on	defined	benefit liability/(asset)											23,000	30,000
Other costs and income													1,000	1,000
Total costs													188,000	192,000
Amounts taken	to other	comprehensive				income:
													2023	2022
													8	8
Actual return on scheme			assets										165,000	(182,000)
Less; calculated	interest		element										39,000	27,000
Return on scheme assets excluding					interest			income					204,000	(155,000)
Actuarial changes related			to obligations										(1,269,000)	(569,000)
The amounts	induded		in the	balance			sheet		arising	from	the	Charitable
Company's obligations		in	respect of		defined benefit plans					are	as fofiows:
													2023	2022
													5	8
Present value ofdefined		benefit		obligations									1,371,000	2,433,000
Fair value ofplan assets													(1,393,000)	(1,533,000)
(Surplus)/deficit	in scheme												(22,000)	900,000

17	Retirement benefit schemes					(Continued)
	Movsmsnts in the present value	ofdefined	benefi	obligations:
						2023
						5
	Liabilities at 1April 2022					2,433,000
	Current service cost					164,000
	Benefit paid Contributions from scheme members					(50,000) 31,000
	Actuarial gains and losses Interest cost					(1,269,000) 62,000
	At 31 March 2023					1,371,000
	The defined benefit obligafions arise from plans which ars wholly or partly funded.
	Movements in the fair value ofplan assets;
						2023
						5
	Fair value ofassets at 1April 2022					1,533,000
	Interest income					39,000
	Return on plan assets (sxduding	amounts	induded	in net interest)		(204,000)
	Benefits paid Contribufions by the employer Contributions by scheme members Other					(50,000) 45,000 31,000 (1,000)
	At 31 March 2023					1,393,000
	The fair value ofplan assets at the reporting		period	snd was as follows:
					2023	2022
					5	5
	Equity instruments Debt instruments				874,000 202,000	951,000 248,000
	Pmparty Cash				176,000 21,000	183,000 32,000
	Target ratio portfolio Infrastructure				192,000	5,000 188,000
	Longevity insurance				(72,000)	(74,000)
					1,393,000	1,533,000

Analysis	ofnet assets between funds
			Unrestricted	Unrestricted
			funds	funds
			2023	2022
			8
Fund balances at 31 March 2023are represented		by:
Tangible assets			1,927,838	2,104,564
Current assets/(liabilities)			(1,132,927)	(1,041,919)
Long term	liabilities		(1,626,043)	(1,914,034)
Provisions	and pensions		22,000	(900,000)
			(809,132)	(1,751,389)

Operating lease	commHmenta	commHmenta
At the reporting	end date the Charitable		Company	had outstanding	commitments	for future	minimum	lease
payments under	non-cancefiable	operakng	leases,	which fall due as	follows:
						2023		2022
						8		8
Within one year						532,242		511,242
Between two and	five years					2,048,960	2,302,914
In over five years						117,991		350,710
						2,699,193	3,164,866

23	Cash generated from	operations	operations	operations		2023 8	2022 8
	(Deficit)/surplus for the	year				(122,743)	164,521
	Adjustments for.
	Depreciation and impairment		oftangible fixed assets			231,944	262,552
	Digsrance between pension		charge and cash conhtbutions			143.000	151,000
	INovsments in woddng	capital:
	gncrease) in stocks (Increase)ldecrease in	debtors				(1.650) (91,970)	(5,747) 68,426
	(Decrease) in creditors					(55,196)	(371,368)
	(Decrease)/Increase in	deferred		income		(20,834)	308,172
	Cash generated from	operations					577,556
24	Analysis ofchanges	In net	(debt)lfunds
					At 1April 2S22	Cash ttawaAt 31March 2223
						8	8
	Cash at bank and in hand				372.011	(228,402)	143,609
	Loans falling dus within one		year		(175,9ee)	(10,181)	(186,147)
	Loans fafiing due alter	more	than	ons year	(1,610,855)	204,018	(1,408,837)
	Obligafions under financ leases				(148,410)	81,898	(88,512)
					(1,563,220)	27,333	(1,535887)