2021-06-30-accounts - The Gillingham Community And Leisure Trust Limited

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P~ae
I	Administrative Information
2 —4.	Trustee Directors' Report
5-7.	Report ofthe Auditors
8.	Statement ofFinancial Activities
9.	Balance Sheet
10.	Statement ofCash Flows
11 - 19.	Notes to the Accounts

				Unrestricted	Restricted	Total	Total
		Notes		Fund	Fund	Funds	Funds
				2021	2021	2021	2020
INCOME AND ENDOWMENTS Donations, legacies and grants Charitable activities Other trading income Investment income		FROM:	2 3 4 5	337,371 456,401 45,449 20		337,371 456,401 45,449 20	113,152 827,483 152,067 47
Total Income				839,241		839,241	1,092,749
EXPENDITURE ON: Raising funds Charitable activities			6 7	29,112 772,456	184,607	29,112 957,063	86,921 1,127,400
Other expenditure			7	16,710	—	16,710
Total Expenditure				818,278	184,607	1,002,885	1,214,321
Net income/(expenditure)				20,963	(184,607)	(163,644)	(121,572)
Transfers between funds			25	3,432,745	(3,432,745)
NET MOVEMENT IN FUNDS				3,453,708	(3,617,352)	(163,644)	(121,572)
RECONCILIATION	OF FUNDS
Fund Balances brought	forward		ZO	f298,064	83,642,352	f3,940,416	f4,061,988
Fund Balances carried	forward		20	83,751,772	f25,000	83,776,772	f3,940,416

				N~ot ..	2021	2020
FIXED ASSETS					4,473, 117	4,585,020
CURRFNT ASSETS
Stock				12	3,847	3,749
Debtors				13	131,392	73,981
Caslt at bank and in hand					218,153	209,510
					353,392	287,240
CREDITORS:	amounts	falling	due
within one Creditors	year			14	(181,702)	(146,823)
NET CURRENT ASSETS					171,690	140,417
CREDITORS:	amounts	falling	duc
after more	than one year			15	(812,657)	(749,387)
PROVISIONS				16	(55,378)	(35,634)
NET ASSETS					f3,776,772	63,940,4t6
Rcpreseuting;
UNRESTRICTED INCOME FUNDS
General t'und				20	3,751,772	298,064
RESTRICTED	INCOME FUNDS
Restricted	funds			20	25,000	3,642,352
					63,776,772	f3,940,416
Thc accounts have bccn prepared			in	accordaoce with the special provisions ofPart 15ofthe Companies			Act 2006
relating to small	companies,

	STATEMENT OF CASH FLOW	S FOR	THE YEAR	ENDED 30JU	NE 2021
			2021		2020
CASH FLOWS FROM OPERATING ACTIVITIES
	Net cash provided by (used in) operating activities	a		9,325		204,027
CASH FLOWS FROM INVESTING ACTIVITIES
	Interest received		20		47
	Proceeds &om the sale of property,
	plant and equipment Purchase ofproperty, plant and equipment		(72,702)		(418,690)
	Net cash provided by (used in) investing activities			(72,682)		(418,643)
CASH FLOWS FROM FINANCING ACTIVITIES New borrowing Repayment of borrowing				165,000 (93,000)		388,200 (73,000)
CHANGE IN CASH AND CASH EQUIVALENTS IN THE REPORTING PERIOD				f8,643		8100,584
Cash	and cash equivalents at the beginning ofthe reporting period			209,510		108,926
Cash	and cash equivalents at the end
	ofthe reporting period			8218,153		6209,510
NOTES TO THE CASH FLOW STATEMENT
	Reconciliation ofnet income/(expenditure) with net cash flow from operating activities			2021		2020
	Net income/(expenditure) for the reporting period (as per the statement offinancial activities)			(163,644)		(121,572)
	Adjustments for, Depreciation and impairment charges Dividends and interest from investments			184,530 (20)		201,059 (47)
	(Profit)/loss on disposal offixed assets increase)/decrease in stock (Increase)/decrease in debtors Increase/(decrease) in creditors Increase/(decrease) in provision			77 (98) (57,411) 26,147 19,744		515 29,892 58,546 35 634
	Net cash flow provided by (used in) operating	activities		f9,325		6204,027
b.	Components ofcash and cash equivalents:			2021		2020
	Cash at bank and in hand			f218,153		6209,510

2VOLUNTARYINCOME
.									2021	2020
Donations Grants - Public sector (CIRS, CLRF,		and Covid-support)							35,000 302,371	113,152
									f337,371	f.113,152
3.INCOME FROM CHARITABLE		ACTIVITIES							2021	2020
Leisure centre memberships and admission			fees						456,401	827,483
									2456,401	8827,483
4. OTHER TRADING ACTIVITIES									2021	2020
Cafe, shop and other activities Rental income									40,416 5,033	136,201 15,866
									f45,449	f152067
5.INVESTMENT INCOME									2021	2020
Bank deposit interest									20	47
									f20	f47
6.RAISING FUNDS									2021	2020
									29,112	86,921
Cafd, shop and other activities	expenditure								f29,112	f86,921
7.CHARITABLE ACTIVITIES
a. Costs of Charitable Activities						Direct	Support		Total	Total
						Costs	Costs		2021	2020
Operation of RiversMeet	Leisure Centre					860,259	113,514		973,773	1,127,400
					f860,259		f113,514		f973,773	K1,127,400
b. Support Costs
These constitute management	and administrative			costs		which are incurred		to enable
the charity to cany out its activities.		They	are	made	up as follows:				2021	2020
Management Finance Central office expenses Governance (audit and accountancy)									63,655 7,856 34,997 8,305	61,919 10,953 72,373 5,900
									f114,813	f151,145

CHARITABLE ACT Support Costs (Conti	IVITIES nued)
These costs have been	allocated to the charity's	charitable	activities	and governance	on
the basis ofthe usage	ofthese resources by the	various activities, as		follows; 2021		2020
Charitable'activities . Other trading activities				113,514 1,299		144,607 6,538
				6114,813		6151,145

8.NET EXPENDITURE FOR THE YEAR	8.NET EXPENDITURE FOR THE YEAR
This is stated after charging (crediting):		2021	2020
Depreciation Auditor's remuneration Accountancy services provided	by Auditor	184,530 4,000 4,305	201,059 4,000 1,900
9.STAFF COSTS		2021	2020
Wages and salaries National insurance Pension contributions		543,775 23,031 7,100	589,174 29,150 7,564
		6573,906	6625.888
Average number ofemployees:	Leisure Ceutre	58	56

The total of funue minimum lease payments under non-canc	ellable operating leases were	:
	2021	2020
Not later than one year; Later than one year and not later than five years;	2,400 9,000	1,440 5,400
Later than five years; and
	11,400	6,846

1.TANGIBLE FIXEDASS	ETS
	Freehold
		E~ui ment	Total
COST At 1 July 2020 Additions Disposals	4,962,134	981,656 72,702 (181)	5,943,790 72,702 (181)
At 30 June 2021	4,962,134	1,054,177	6,016,311
DEPRECIATION
At 1 July 2020 Charge for the year Disposals	999,461 106,590	359,309 77,940 (106)	1,358,770 184,530 (106)
At 30 June 2021	1,106,051	437,143	1,543,194
NET BOOK VALUE
At 1 July 2020	83,962,673	f622,347	84,585,020
At 30June 2021	63,856,083	8617,034	f4,473,117
12.STOCK		2021	2020
Stock —caf6 and retail		3,847	3,749
		83,847	63,749
13.DEBTORS		2021	~202
Trade debtors Other debtors within one year Other debtors falling due after one year Prepayments and accrued income		64,236 11,206 50,000 ~5950 6131,392	2,546 10,000 54,824 6,611 673,981
14. CREDITORS: Amounts	faBing due within one year	2021	2020
Loans Trade creditors Other taxes and social security Obligations under finance leases Other creditors Accmals and deferred income		25,367 21,549 8,091 45,793 7,918 72,984	44,130 17,120 4,856 31,508 6,509 42,700
		6181,702	8146,823

Fund balances at 30 June 2021 w	ere represented by the follow	ing assets and lia	bilities:
	Unrestricted	Restricted		Total
	- Funds	Funds	Total	Funds
	2021	2021	2021	2020
Tangible fixed assets Current assets Current liabilities Long term liabilities Provisions	4,473,117 328,392 (181,702) (812,657) (55,378)	25,000	4,473,117 353,392 (181,702) (812,657) (55,378)	4,585,020 287,240 (146,823) (749,387) (35,634)
	K3,751,772	825,000	83,776,772	83,940,416

Fund balances	at 30June 2020	were represent	ed by the foll	owing assets and lia	bilities;
			Unrestricted	Restricted
			Funds	Funds	Total
			2020	2020	2020
Tangible fixed assets Current assets Current liabilities Long term liabilities Provisions			13,833 284,231	4571 187 3,009 (146,823) (749,387) ~35,634	4,585,020 287,240 (146,823) (749,387) ~35,634
			f298,064	83,642,352	f3,940,416
FUNDS		Balance 30.06.2020	Income	~E«d	Transfers ~S25	Balance 30.06.2021
Unrestricted General fund	funds	298,064	839,241	(818,278)	3,432,745	3,75],772
Restricted funds Leisure Centre refurbishment		3,642,352		(184,607)	(3,432,745)	25,000
		83,940,416	8839,241	(K1,002,885)	E3,432,745	E3,776,772

The charity is responsible for the refurbish COMPARATIVEYEAR -FUNDS	ment and operation	of the RiversMe	et leisure centre.
	Balance			Balance
	30.06,2019	Iucome	~8* 61	30.06.2020
Unrestricted funds General fund	218,577	1,092,749	(1,013,262)	298,064
Restricted funds Leisure Centre refinbishment	3 843 411		(201,059)	3,642,352
	E4,061,988	61,092,749	EE1,214,3213	E3 940,416

				Unrestricted	Restricted	Total	Total
		Notes		Fund	Fund	Funds	Funds
				2020	2020	2020	2019
				f.			8
INCOME AND ENDOWMENTS		FROM:
Donations, legacies and Charitable activities	Government	grants	2 3	113,152 827,483		113,152 827,483	129 935,880
.Other trading income Investment income			4 5	152,067 47		152,067 47	206,598 38
Total Income				1,092,749		1,092,749	1,142,645
EXPENDITURE ON:
Raising funds Charitable activities			6 7	86,921 926,341	201,059	86,921 1,127,400	87,548 1,146,457
Total Expenditure				1,013,262	201,059	1,214,321	1,234,005
Net income/(expenditure)				79,487	(201,059)	(121,572)	(91,360)
NET MOVEMENT IN FUNDS				79,487	(201,059)	(121,572)	(91,360)
RECONCILIATION	OF FUNDS
Fund Balances brought	forward		20	8218,577	f3,843,411	84,061,988	84,153,348
Fund Balances cerned	forward		20	f298,064	f3,642,352	f3,940,416	f4,061,988