THE GILLINGHAM COIIMUNITY LEISURE TRL'ST LIMtrED STATELIIEhT OF ACCOLTrIIS FOR THE YEAR ENDED 30 JUhT 2025 CO.YTEfiTS Administrative IDforTn2tion 2- 6. TNstee DiTt0[5, Report 7- 9. Report of the Auditors 10. Stat¢m¢nL of Financial Activities Balan Sh¢et 12. Statement of C&9h Flows 13- 21. Note5 tsTr the Accounts FLETCHER & PARTf4ERS CHAR'fkRED ACCOUYTANTS SALISBL]iY
THE GILLINGAAM COMLWLryrrY AND LEISURE TRUST LIMITED COl¥fPANY LYFORMATION Dlreetors: Mr P D Silv¢stcr CBE (Chair) Mr J M Broadway Ms M P Caldw¢ll Mr S V Chase MsLDay Mr R H Messer Ms E.hl Robey MrSCWard Mr M B Chapman Mr G C Pledger Ms A J A Venters Mr M R Walden Appointed 23 December 2025 Appoint¢d 27 January 2026 Appointed 29 April 2025 Appoint¢d 27 January 2026 Resigned 27 May 2025 Resigned 20 October 2025 Resigned 14 October 2025 R¢signed 10 Augusl 2025 Key Management Personnel: Mr J Parry M5 L Westby Mr W Magee Gcnernl Mallager Otttations Manager Fitwice Manager Reglstered Office: RiversmeeL Hardings LarK Gillingham, Dor5eL SP8 4HX Advisers: Bankers LloyiLq Bank plc Accoun¢attts Fletcher& Par(n¢Th, Crown Chambers, Bridge Stre¢L Salisbury SPI 2LZ Solicitors Wilsons LLP. Al¢xandrn House. St JOlU Stree( Salisbury SPI 2SB Compiny Trlumber: R¢gistered Company NumIr 06868510 Cbxrlty Number: Registered Charity Number 1138571
TUE GILLtNGHAM COMTrtuNrrY AND I,F.ISURF, TRLST LIMITE TRUSTEE DIREcfoRS' REPORT FOR THE YEAR ETriDED 30 JUNE 2025 The Trust¢¢ Directors (bereiDafter referred to as TnCeS) present the Annual Report and Accowlts for the year ended 30 June 2025, which have been prepared $0 as ts) conwty with the provisions of the Companies A¢t 2006, tb¢ Clwities Act 201 l and Accounting and Reporting by ChArities.. Sthtrmeni of Recommended Practice applicable to Cljarities preparing their accounts in accordance with th¢ Financial R¢porting Standard applioble in the UK and Republic of Ireland (FRS 1021 (etTecÈive l JaDuary 2019). STRucfuRE, GOVERNA,NCE AND MANAGE.Nf The Charity Is a company ]itniied by guarantee. It Was iDcorporated in England on 3 April 2009. Th¢ ¢ompeny w&$ registered as a Chartty with th¢ Clwrity Co]nMi1n on 26 October 2010. The company r¢iaftor f¢rrtrd to as the Trust or Charity) is operated by it5 TrU¢¢S who m¢¢t periodilly. New TrStees are recruited from among people who hav¢ an interest in fijrthering the aims of the Clwity with a ¥q¢w to ensuring that all the ne£ess8ry competencies are rEpr¢s¢nted within th¢ trthste¢ body. BACKGROUYD TO FORMATION OF THE TRUST, rrs ACTJvrfJES Af4D OBJECTJVES The Charity i5 a subsidiary of The Thre¢ Rivers P8rtnersbip, a eomtt)unity parthership for Gillingham alld the Surrounding ar¢a of North Dorset. The Charity was established to inttiaIly manage the red¢velopment and construction of th¢ Riversmeet Centre in Gillingham, which Wds reopcned in Augu512010. A SUTrIMARY OF THK OBJECTS OF TtIE CHARITY AS SET our IN rrs GOVERNING DOCUMENT Tb¢ Charity's obj¢cts are.. the promotion for the public benefit of wtnmunity participation in healthy recreation for th¢ b¢n¢fit of thc inhabitants of Gil11t4M. DorseL and the surrounding areas {in particular the provision of facilitie5 for SWllnmiTl8, baskctball, badminton, n¢tbail, indoor hockey. fjve a side foothall, gymnastics and fith¢55 Exercises). and such other Chilable heajthy reueationai sports or 4Ctiviti¢S or Ott law1 charitable purposes for the public bell¢fit, &$ the Tnttts shall from tiD]e to time determine. SUMMARY OF MAIN ACTIVTTKES OF THE CJIARrrY ili RELATION TO ITS 0EcTs Th¢ Charity operat¢s the River&Meet Centre (open to paying customers since Au¥ust 2010), now brated as River&M¢et Active the ¢nlarged Bri¢kfields site now re-branded Riversmeet Perfomwice (op¢u io paying customers since July 20221, both in Gillingham, north Dorset. The Charity continues to provide the public with facilities for ex¢rcise and actively promotes the benefits of a healthy lifestvle, seeing itself as pro&llding a vital service a3 a wrtuDutiity hub. In JLmuary 2025, the cl)1 opened its Wellbeing Hub as additional resource forthe local community. The Charty is managed on & self-sustsining basis. The Charity operates a commullity café and %lls a SEle¢tion of swimming-r¢lat¢d it¢ms at Riv¢nMeet Aetive. STRATEGIC REVIE ACHIEVEMEfTS APD PERFORMANCK OF TAE CUARITY 2024.25 was a year cbaracterised by consolidation. Ihe concerted efforts of our organisali0 to improve our cashflow on an Incremental b&4is and pulling into practice a nwnber of measures 'hICh have improv¢d our swtainabilLty ]d futur¢ viability. A talented and r¢-invigorat¢d Board ofTrusiees has offered the charity JllOT¢ ¢ffKtiYe leadership and beell able io implement a nutnber ofimportant projects. The Board h&%: Been active and engaged with individual tru5t¢C5- Using a portfolio approach- taking the lead in a number of important are&8 (like Safeguarding. the establi%hment of a meer Focus group which meets regularly, engaging loral busin¢ss¢s and promoting corporate Inembership. considving ihe ration81isation of our membership ¢yP¢slpackages ¢tc.). Supported the General Mamager and the lead¢r5hip team in promoting lovemeet &$ THE COiMTnunity hub in north Dorset (e.g. througb more direci communication and ¢nEagement with Gillingbam Town Council amd Dorset Council, the ¢xp8llsion of our successfu] Ex¢rcise Refeal progrdnune and the bliShMent of our Wellbeing Hub). Consolidated a r¢gul8r programme of submittitig grant applications. employing the 5tiryices of 8 part-time professional bid-writer on a no winlno fec basis. Achieving a 21k25 /• success rate for our grwit applications (including an U9k Section 106 application well supported by Gillimgham Town Thuncill in aj] incrtasinsly competitive grant fidillg landscape.
THE C.tLLINGHAM COMMUPirrY LEISURE TRUST LTrJrrED TRliSTEES' REPORT FOR THE YEAR EhDED 30 JLNE 2025 ACHIEVEMENTS AND PERFORMANCE OF THE CHARITY (continued) In planning for the future in order to grow the orgallisation as a more secure route to ¢ll5ufE SUStain2bility. the truste¢s bav¢'. Stratsgi¢ dir¢¢tion: a) succe58fitlly applied to Sport EThglalld's Swinrning P(KTrl Rxovery Support for additional LED lighting and a second solar array which was iDst211ed in August 2024). bl applied to Srt England's Mov¢tD¢nt Fund for £7,500 on the proviso that w¢ raised o similar nout through a ¢ommuniry crowdfimding campaign (we rais soffje £18,000 throu1 the crowdfunding ¢9paIgn in August 2024),. oth¢r successful grant fiding applications to the Val¢fttine Trusi I)orset Ci)uncil ¢1¢. combined to enable us to ins¢a]I LPG gas boilers at a cosi of £80k in December 2024 c) continued to support th¢ growth in our provision for I(1 gymn05È5 of all ages at Riversmeet Performanee, working towards finding a TMV Venue for GyD]nastic5 Ch]b in order to build cap8Ciry, d) planned for the re-br4nding and regeneraÉion of our wet4ide aclivitie5 7th the recruitment of a new. p8rt-tim¢ School Co-ordinatr)r and developed a projcct plan {&fter competitive tenderiDg and 5¢VCTal suece5sful grant applicati0Th15u¢ce$sfvl Sedion 106 fill)ding application for £89,000, a succ&ssful SIB loan appli¢aÈion for £70.000 in order to fiujd this rnu¢h-tteedL ambitious remodelinglni(Klernisation proj¢et to completely rerbISh our W¢1 Side Changing Roo early in 2026 (total cost £190,OCH)), anil e) after a thorougb appreciatioD of our n¢¢d5 for leisure management 50ftwe (aT improved conllnunication with tnembors). agreed to pursue a phased move towaTd5 the iti$¢au1Ort of market-leading 59ftwar¢ w¢tb digital tUrnStil¢3lacce5s controls wl)en finance allows (hopefultv in 2026. estimated cost £80.(H)O). Netsvorkfimg: consolidated our communiry relationships with: a) Gillingham Town Coun¢il {ineluding recrnitiDg a Dew trUSt¢e who is also a Gillingham Town Cowieilor plus the regular involvement of our Genml Manager who now sits on the Lisur¢ and Sports SuiFCornmittee for Gillingham Town Coullcit). b) ronsolidated our corporate relationship with Dex - partnership with different NHS bodies (includit)g local GP Surgeries) thrg the ) con501idated Dur wwkin(p growth of our Exercis¢ R¢fETral sCh¢ll and d) begun to forge a closer relationship with Dorsei Council in OTder to butld a comn]on understanding of th¢ lefftsurelcommunitylpublic heahh neei1s of north Dorset residents. Finanee: oversttD the outp¢rfornwice at Riversmeet in ieTmS of all trading fore£asts a[ the Continued su¢cess of Riversmeet Active. B¢n¢fitted from a regular financia] boost with Some successful grant applicatiOJL8 (see earlier), contributing to the improved commercial viability of the orgalli5atioD, going fonvdrds. Developlng aDd consolidating our thTlvltyg Exerelse Referrnl progr4mme: support¢d the General Manager and thc Fitness Manager ill promoting the use of our community leisure ¢entrt for o 8rowing nvTnber of GP Exercise Referra]s, in parthership wirh local GP practices and CDllllnunity health profcssioDals. This is an in)portani aspect of our role in promoting positive physical and n]¢ntal health together with the development of a new income stream for the busilless (with more th8n 4(P/o of clients on this subsidised three- month programme ch005ADg ¢0 Treome penent mernbers). tn ordrr to respond b) thc en¢w erisis and the need to increase our fitLancial rescrves and consequential cashflow OD a monlh-by-month basis to safeguard our cotnm¢rcial viability. Irjstees {in collaboratioll with the General Manager and the Finance Manager) have:
THE GILLINGHLM COMMUNITY A.ND LEISURE TRUST LIMITED TRU8TF.F,S' REPORT FOR THE YEAR EJI)ED 30 JUNE 2025 ACHtEVEME.YTS knYD PERFORMANCE OF THE CHARITY (eontinue4J) ¢ontinued to pUre our ener at the best P0551ble llwket rat¢s through our energy broker (our Genernl Manager and our Finance MatHger are particul8xly focused on this vital area). ltt parallel, we have benefitted from the installation of a second 80KW solar amy &8 aresult of our successful appllcation lo Sport Engl8JLd's Swimming Pool Support Fund which ha5 redu(¢d our enerao costs. This installation was COTnpletEd in August 2024 and involved &qsociated negotiatioLs w&th CoDrad Energy to viSe Gurrent Airspace Lca5e. whirh w¢r¢ re501Yed in 2025. supported by the Board. run a s¢¢C&sfUl Crowd Fullding wnpaigll tsrgetrd at members, the loca] Community and lo1 businesy¢s that raised over £18,000 (including a grant for £7,400 fr(Trm Srt England) towards th¢ cost of installing ga5 boilers (itistalled by WS Swift in DcMIr 2024) to a¢t as 2 backup for our air source heat pumps during th¢ wiul¢rp¢riod. This demollstred a strong comJmiTment to preserve the operation of the swinrning pool at Riversmeet. Ai th¢ $ame time, the Board h&8 W0ed hard to SUPPOrt the G¢n¢ral Manager and formulated a strategic plan to addrc5s thE challenge of our itiadequate heating system (establishing a bivalent heating syslem in which high efficiency gas boilers support our air source heat pwnps in the cold¢51 months of th¢ year). Consequentiy, the 2024-25 winter season wa5 our fiT5t winter An five years without any closure of our ¢Dnimunity 5wimmillg pool: a real, Imian1 achievetueDL with no busine&sltrading inteptiOn du¢ to unpredictable closures. continued to a¢hi¢ve a 50Yo teduction in our energ) consumption as a resulE of active management (H'ith tho General Manag¢r ¢h8mpioning this) and the introduction of fier euergy-saving ¢quipn)ent {e.g. the installation of 4th generation LED lighting. th¢ b¢n¢fits of our sttond solar array rfc.). Using a £IO,(H)O grant from the Scottish Southem Electricity Network (SSEN?, installed a variable Speed drive (aAd Turbidity Mollitor) for Éhe swimmillg p(1 lch will improve wiler qUlty aDd furtberTeduce ener&¥ consumption. Pl&n to instdl a Voltage Optimiyer {at a cost of £IO,OOO+ through addiiioDal SSEN, grant fimdillg) in the aubjmn of2025 which will also reduce ¢ncrgy consumption and extend the lifespan ofelectri] equipm¢nL eong0lid&ted our statTg both the Cafe and th¢ SWI Schoovswimming Depattrnts (and employed a new. part-time Swim School Cowordinator). NATURE OF THE GOVERNING DOCUMEYT AND COYSTrrLYION OF THE CHARITY The Charity is constituted a4 a company limited by guarantee is therefore governed by a memorand and arti¢les of association (updated in 2009). Th¢ directors of the company are also trustees (Trf th¢ Ch8rity. Eligibility for mernbership of the Charity. and of the Board of tNstecs, is governed by the memorandum and artic1¢5 of assrfiation. The charity obje¢ts re$tri¢t tb¢ Charity to the operation of leisure fa¢ilides for the benefit of local Tesideftts. THE METHODS ADOPTED FOR THE RECRUITMENf AND APPOINTMENf OF NEW TRUSTEES Th¢ Board ain]s to have a minimum of fiv¢ tnstees serviDg atany particular time. At IEast one ttUStee sball also be trustee of The Three River5 Partnership, Dors¢t. The Board has developed a la}ered proces5 for sel¢ciing additional trnstees: potential new trustees are consldered for appointsnent after the cornpletion of a qucstionnairc and after the> have had the opportullity to tneet all the trnstees infornially. The Board then a considered decision in t¢rn]s of appointing new tnjstees offer the Board added valueiexpcrtisc and who share an ¢xisling motivation to sce the organisation blossom and suc¢eed. New tn(eeS are provided with training after th¢y bave been appoinied together with a sffigniflcant library of key contexthal d0cu1nentitsn. Th¢ Board has a strong team of tn]5tee5, tbe majority of whom were recruited duriDg 2022-23. The Bt>ard has become much more roThfidellt in its capacity w offer strdregic dirttlion, developing its own corpordle sense of identity during this fonnative p¢riod. Th¢ B(Trard will continue to improve its effKtiiwJek8 in exploiting the n]any talents of It1VIdUal truste¢s and cxpccts to strengthen i($ capacity to offer appropriate strd¢egic and coillmercial suptrf)rt to the business dwing 2025-26.
E GILLINGHAM commulTy LEISURE TRusf LIMITED TRL,STEES' REPORT FOR THE YEAR EDED JO JUTr*E 2025 THE ORGAf4isATIONAL STRUCTURE OF THE CHARTTY Ahu) HOW DECISIOYS ARE MADE The Btsard of trusiees meets regul8rl)' on a monthly basis a5 a full Board with faC¢-tfaCe m¢¢tings. The Board reviews the operdtlOD of the busitLe5s, holding the General Manager and his sraff to acwunt and tskes all the key strategic and investment dfXiSiQttY as a ¢orporat¢ entity. The Board is infornied by regular monthly reports from the Generdl Matvdger and the Finance Man8g¢r and (K¢o5ional stsff presenonS. The day-tsFday operation of the bu5ines5 i5 delegated to the manag¢mcTh¢ tcam lcd by th¢ G¢n¢rnl Manager. The company 15 a Subsidiary ¢ompany of The Three Rivers PartDersbip. Dor8eL which is a Charity that works ¢losety with statutory. non-statutory and other reprwntational bodics to promo community PaticipE4tion in healthy recreation, POLICIES OF• RESERVES The trust¢es hay¢ establish reserves to prnvide for fimre activities. which stood at £52k at the year eDd. and ar¢ held as a contingency for wibudgeted wsts aTLd em¢rgencyTepairs. The majority of the Charitys balance sheet reserves ar¢ represented by f¢d assets following the development of the Riv¢rsM¢et Contre. RISK The trustees have identified the major risks affecting the Charity And regularly review these risks to ensure that the risks e nwnaged effectivety by the charity t[e¢S and managetnent. Th¢ trust¢¢s alt activelv managing the risks posed by the ¢nergy crisis. the challet)ge of securing the optimum operational effectiveness for both Air Source Heat Pumps and our hot WAter system and the urgent need to improve our c&8hfiow and fmancial viability. FINANCtAL REVIEW The company received income of £1.940,487 (2024 (re5tated).' £1,796,067), the vost majority of which was membenhip and admission fees from er$ of the original Riversmeet Activ¢ L£isure CeDtre and the new RiVeMeet PerformarLce facility. Th¢ company incurred oxpenditute of £1.770,635 (2024.. £1,791,075). Th¢ ¢ompany reconled & surplus of £169.852 compared to £4,992 for th¢ pr¢vious yeor. Th¢se figures ere in part due to a change in aceounting policy for the treatment of capithl grdnt& which were previously defrrred and releL8ed ov¢r the life of the related ass¢L bu¢ are now b¢ing accounted for in accordance with the new Charity SORP. Were tb¢s¢ accounts prepared on the previous basi5. the resu]ts w(Kdd &lW operating profits but l¢)sses when depr¢¢iatlon tharges were recogTLised. Th¢ ¢ompany h2d net a&sets at 30 June 2025 of £3,936,480 (2024 (restated).. £3,766.628). Cash at 30 June 2025 was £215,911 cornpared with £77,039 in the prior yEar. THE FUTURE The Tn]stees are excited at the prospects forgrowth in the irnmediate fiJtur¢. The new Board of trustees has a strong mix of differnit tal¢nts, a mor¢ ¢ffecuYe understhnding of corporate goiernance and a deal of enthusiasm lo support GCLT and all its interth, going for%tywds. Th¢ Board is focused on.. I. CoDtinuing to develop and deepen our individual and collective UDder5tanding of the op¢rdtional functioning of the busiDess in order to contribute to GCLT'S fillther success and offer the organisalion the irnaginative strategic guidance and OySIght Mtiich it needs. 2. Strengthening the Board of Trustees further through the appointhient of trustE¢S with complementary skill Sets and ¢xp¢rienee, on a needs-led b&sis (ideally, this includes having a Gillingha Town Cowh¢ilor on OUT Board in order to strengtheo lo( cornrnuNty relationships and bilateral commwii¢ation). 3. Continuing champion the need for largetrd training and professional de¥el<4)ment- particularly in t¢rnJs of training our Tniddle gers. 4. Working hard ts) discov¢r, appty to and re¢eive significant grant awardsldonations in order ¢0 lilt the Charity's financial exposure and risk. ov¢rs¢¢iDg the progressive move towards a more sustainJbl¢, viabl¢ org8nisaÈion.
THE GILLINGH Co.ILTM" 11) LElSL4iE TRusf LIMITED TRLISTEES, REPORT FOR THE YEAR KNDED 30 JUVE 2025 rontiDued Improving cotllniuntcatioll and tnarkdiDg in parership with CODllnullity 5takelwIde Giuinghaoi T¢)ThT Cou[L Gillinglwi S¢lEooI, DoFrs¢t CounGiL loul emploYe¢00rate partllus (esp. Dextra) etc. Builditkg upo the SUCC of our marketing strategy for the ]auncb of BiYersMe¢t PerfoFtDallee (418 Lalldo our extem#l marketstig specialists), ¢ontttiue to strengtb¢n atargered theting strategy on a y¢ar-rouud b15is- one whÈch is affoTdablc. Con£olidating and Jnaintsining the fabrÉc of alt GCLT ma#8ges (modernising and refurbishfftg tbe dooring ijk 0r arterial COFEidsy%1£20k} and modernising Wet-side Changing Rooll]s [£190kD. Ilriving ow ¢nergy ¢oLsunFption dowll aod en5UFing that vitsl e(wipmeDt (e.g. our Air sou¢ Heat Pump4 the remote maEJageuMI of ourASHPs. hot w&wsystem) is w0]ng efflentlYWith suitable arrdDgantnts for maiutrnattce legiollella pmention) involving spe¢ialisL hnICal stspport Moving towgr&s a moTr efficienL dat&-ri¢h operattonai leisure EDanag¢ment system wbicb offers better corllmun&calion forl7hryth meMber$erS tll talldem with more secure arfj¢sS ' control51ti1strllg di£iial tileS ar RfvIAI. finance1£80k) ailowsthÈ5 ]rnp)rt p120ned step-change in development. PUBLIC BEFIEFIT The trustees confwm thai the). baye complied with the duty itk S¢ttion 17 (5) of - Ciwities 2011 to bave dlle rewd to the public benefit gi]id8uc¢ publi5h¢d by th¢ Clwitv Coo}D0 Specifically, th¢ (rksst¢¢s ¢ottqid¢r that tbe factlitie8 for recreatiim and leisure witl be av8ilabl¢ to all meer$ of the w5nwullity. AccouKfiNC ATrID REPORTING RLSPONStBILTfIL8 Charity law requires the trteeS to prepare financial stateEneDE for each fia¢la1 period, in 4ccordance with appli¥thle law and utttl KingdoTh Gcnernlly Accepted Accouniing Practice ItIK GAAP) whtch gtve a Enic fair view of the financiAI activities of the company durÉng the year attd of its finallcial posiiion * the elld of the periryl. lft prepar&tig those stat¢tiMity the TnL8te¢s are required to: l) Select suitabk a¢¢ountillg policies alld then apply them cOS&eN. 2) Make judgemetlls and estimates thai are teasollable and PTudeJtr. 3) State wthetber appli¢able accounting standards aad ststeEn¢llts of recommended prdctice have been followed, $ubject to any departsr¢s disclosed and explained in the financiaj state5Uth 4) Prepare th¢ 8¢cowIts on a ¢yorllg concern basis unle55 it is iuappropEiat¢ ¢0 asstsn that the compauy will contttiue iti op¢ration. TheTTUSt¢es are responsil)le for keeping adwuat¢ a¢¢ixfjw ordS which disclose with a¢¢uracy at any lime the flltancial position of th¢ cowpany which enable them to eD5UtE that the fiDantial statements compty with th¢ provision5 of the Companies Act 2006. They are also Tr$p11¢ forsafegwrding the assets of the charity and hence for taking r¢asonabl¢ steps for th¢ prEvenEiottalld detecuoll of fraud and other irr¢gtd8rities. The Trnstees Cfirn thaL so far &$ tbey aware. there is no Televani audit tof(Ym&Èiott of which the COTDpaDVs &uditors are Unaware; aod each trustee has taken steps wbi¢h h¢ or sh¢ Oug ¢0 have takell as a trslEe to tDake hÈmself or herself awaTe of any r¢kvaut &udit infOntiOn and to establish that the c4>mpaJJs al110[$ are &ware of that inf0mli0. This report kn been pjrpared in accordan with th¢ wi81 pmvisitM5 of 15 of the Cotw)ani¢5 Aei 2006 relating to small compallies. Siglled on behalf of the Th[ees. Approved bytheTmste¢s on Mr P Silvester CBE
THE GILLINGHAI¥I COMMUNTfY AliD LEISLIRE TRUST LIMrrED tNDEPE,NDETr4ry AUDITOKS, RF_PORT TEES OF THE GILLINGHAM COMMLThITY & LEISURE TRUST LIMITED TO THE TRU OplDIo We have audited the financial stat¢]Dettts of The Gillingham corrnIty and Leisure TNst Limited (the"CbariV} for the year ended 30 June 2025 which comprise the Stalement of Fit)ancial Activities, BalaD¢¢ Sheei, the Cashflow Stat¢m¢nt, and notes to the financial statements, including a summary ofsignificant accounling poli¢ies. The financial r¢porting fram¢woTk that h&8 b¢en applied in their preparation i5 applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102.. The Financia] Reporting Standard applicable in the UK and Republic of Ir¢land (Unitrd Kingdom Qenerdlly Accepted Arxounting Practice). In our opinion, the fnCial siatemeDts'. i) give a true and fair view ot the statg of the Chartty's affairs &8 &130 June 2025 aDd of it5 irtcome and expendifure for the y¢ar th¢ll ended. ii) have been properl>, prepared iu accordance Lnited Kingdom Genern]]y Acc¢pt¢d A4)untIt)g Practice. iii} have been prepared in accordance with ¢hc requirements of the Companies Art 2006. Basts for opinion W¢ conducted our audit in cordanC¢ with Int¢rnfytional Standards on Audtting IUK) (ISAS (UK)) and applicable law. Our respon5ibililies under those 5t3Ddards fvrther described in th¢ Audiior's rewnsibilitie5 for the audit of the financial statements section of our report. Ive are independent of the Charity itt accord8nce with the ethical requirements th&t are relevant to our audit of the fitwicial ststements in the UK including the FRC'S Ethic Stsndard , and we have fidfilled our other ethical responsibiliti&% in accordance with these rcquirements. We believe that tb¢ audit ¢vid¢nce we have obtained i5 suffi¢ient and appropriate to provide a basis for our opinion. Conelusions reltlvg to going conttrn In auditing the finwicial statetneuts we haye concludd tbai the truste¢s us¢ of the going concern basis of accounting In the pr¢paratsoll ijf the fm2nciai statements is appropriate. Based on the 'ork w¢ wforniel we have not identified any material un¢¢rt8Tnlies relating to evcnts or conditions that, individualty or collectively, may c&8t doubi on the charitable cornpany¥ abiliry to continue as a going conc¢rn for the period of at least twelve tTwDths from th¢ dale when the finaDciai stat¢meats are authoris¢d for issue. Our re5pon5ibilities and the r¢sptmsibilities of the trustees with respert to going ¢oncern are described in the relevant sections in thi5 report. Other inforniation Thc trllstees are responsible for the other inforniation. The other illforrnatioil compTise5 the inforntiOn included in the annual report other than the financial State[[ts and our audiior's port thereon. Our opinion on the t.]¢al stal¢rnents does not ¢ov¢r the other InforntIon and, except to the extent othetivise explicitly stht¢d in our report, we do Dot express any forni of wurance conclusion thereon. In connectioll with our di1 of the finan¢ial sta¢em¢nts, our ra8ponsTbiltty is ty r1 the oth¢r inforfflation and. in doing so. consider whether the other infomation is matrrially incoJLsislent with th¢ finaDcial 5tatemenis or our kllowledge obt&ined in ihe audii or otb¢Thvis¢ appeats to be nwerialty misstat¢d. If we id¢Dtifj, such material inconsisteneies or apparent material Tnisstatenwits. w¢ art reqired to deterniine whdher there is a material misstatement in the financial statements or a material mi5Stat¢meot of the other inforjnation. If, based on the work we haye p¢rfonned, w¢ conclude that there is a material rnisstht¢ment ofthis other inforn)atXO]L we are required to report that facL We have nothing to rert in this rwrd.
HE GILLINGHAM COMMLNITY AND LEISLRE TRUST LIMITED INDEPENDEYT ALDITORS, RF_PORT TO THE TRUSTEES OF THE GILLtSGHAM COIIMLNrrY & LEISURE TRUST LIMITED corLLID Opinlons oll other D]atter5 PrCrIbed by the Companies Act 2006 Its our opinion, based on the WO undertaken in the CQUTse of the audit i) the information given in the trustee diTe¢tors' report for the financial year for which the financial statements ar¢ prepared is consistent with the financi statements.. and li) the truste¢ dir¢etors' r¢port hav¢ b¢en prepared in accordance with applicable lega] requirement5. Matters OD whkh we are required to report by exeeptlon In th¢ light of th¢ knowledge and understanding of the Charity and its envirorllnent obthined in the course of the audit. we have not iden¢ifi¢d material missiatements in the tru5t¢e direcwrs. rewrL We have nothing to report in respect of the following matters in relwion to whi¢h the Companies A¢t 2006 requires us to rewrt io you if, in our opinion.. i) adequate accounting records have not been kepi orretWDS adequ&t¢ for our audit bove not been CeiVed from branches not visited by us. li) the financial statements are not ill agreement with the accounting records and retunL8' iii) certain disclosures of trustees, remuneration specified by law are not made,. or iv) we have n(* obtained all the inforniation and explanations necessary for the Purposes of our audiL Responsibilities of the trustees As explained rnore fully in the trll8iees' respon8lbilities Stallent on page 4, the tslL8tees aty responsible for the preparation ofthe fmancial 5talements and for betng satisfied that thty give a mie aDd fair view. and for such internal Control as they determine is necessary to enable (he pre10n of financial ststenients that are free from aterIal misStaell( whe4her due to fraud or error. In prcparing the financial slatcment& thc kn]stees are responsible for assessing the Charitv's ability to continue as a going concern, di5closin& as applicable, matters r¢lat&l to going concern using th¢ going concern basis of accounting utdess the wst¢es eithv iotend to liquidate the Charity orto cease operations, or have no realistic altern1Ve but to do so.
THE GILLINGE COMlfLTrryTY LEISLUiE TRUST LIMrrED I.JDEPE.NDE)'T ALI)rro1, REPORT TO THE TRUSTEES OF THE GILLING1 COMMLTNITY & LEISURE TRUST LLIIITED COLNTINLED Audltor's responslbi1fiti for the audit ofthe finaDci•l stst¢rnents Our objectives ar¢ to obtain reasonable assurance about whether the financial statements as a whole 8ro free from material misstatemen¢ whether due to fraud or em)r, and to issue an auditor's r¢portthY4t Tnclud¢$ our opinion. Reasonable as$urance is a hi level of Wrce, bu¢ is not a guarantee that an audit conduct¢d in accordan with ISAS WK) will a]wa)E de¢t a material missraiement when it exists. Misstatements can &rise from fraud or enor and are ¢onsidered nmterial if. individually or in the aggregate. they could reasonably be expectcd to illflucnc¢ the economic decisions of users tsken on the b&8is of these fitwicial statEmellts. As p&rt of an audiL in accordanc¢ with ISAS (UK). the auditor exercises professional judgment and maintains professional scepticism throughout the audit. Irregularltles, includittg fraud, are instances of nOn-mpliancC with laws and regulations. We design procedures in line with our responsibiliti4 outlined above. to detect materiAi mt&statemEnts tespect of irregularities. inoluding fraud. The extent to wbich our procedures are capable of detec¢iDg irregularities, including fraud is detailed below. Our work on income includes reYiewin8 iticome Streams for completeness and culryoft which we consider gives good assurance over the accuracy of incorne and d¢btor5 in the accounts. Our work on creditOTS and expenditure is a150 GODsid¢r¢d capable of gsving assurdnce costs are vab"d blnesS expense% aTLd included in the correct accourytirAg period. Worfi on con]pliance with laws and regulatioyjs is limited to inspection of C4)JTespondenco and enquiry of management alld so there are inherent limitstions ID these auditprocedLres. A (urth¢r de5¢ription of our responsibilities for the audit of the fjnaneial statements is located on the Financial Reporting Council's web5itE at.. [www.fv.or&uklr¢uditorsrespoJ)Sibiiitij. This description forms part of our auditor's report. This r¢port is made Solely to the Charity's members, as A body, in acrddDcC with Chapter 3 of Part 16 of the Companies Act 2006. Our audil WOTk has been undertaken 50 that lye ight stste to th¢ Charity's members those matters we are required to Stale to them in an audiior's report and for no other purpose. To the fullesl extent pwmitted by law. we do Thot accept or responsibility to anyone other than the"Charity's mcmbers as a body, for our audit work, for this reporL or for the opinions we have fomicd. James Fl¢tch¢r. S¢nior stalOry Auditor for and on behalf of Fletcher & Partners, Chart¢r¢d Accountants and Statutory Audttor5 Crown ChwDb Bridge Street Skli$bury ?& ?076
THE GILLINGHAM COMI MU.NITY AYD LEISL.RE TRUST LIhIrrED IMITED EE STATEMEhry OF FtNLNCIAL ACTIVITIES CORPORATI.NG tliCOME & EXPENDITL]iE ACCOUN FOR THE YEAR EtsI)ED 30 JUYE 2025 UDrestriete4i Restrleted Fulld 2025 Totsl Fund5 2025 Total Funds 2t124 Notes 21b25 (Resta() tNCOME AND 7)oWMNTs FROM: Donation4 legaoies and gr3llLs Charitable activities Oth¢r trading incoTne Investment in¢om¢ 10,142 1.496,446 166.319 266,696 276,838 1.496.446 166J19 884 214,553 ,322,154 258,287 I,Q73 Total Ineome 1.673,791 266,696 1,940,487 ,796,067 EXPEP4DrruRE ON: Raising funds Charitabl¢ activities 77,013 1.693,622 77.013 1,693,622 126,838 1,664,237 Total Expendlture .770,635 1.770,635 1,791,075 Net Income l (expendlture) (96,844) 266,696 169,852 4.992 Transfers behyeen funds 139,764 (139.764) NET MOVEMEIYT If4 FUNDS 42.920 126,932 169.852 4,992 RECONCILIATION OF FUNDS Fund Balances brought fon¥ard 19 £3.733.060 £33.568 £3,766,628 £3,761,636 Fund B1ceS carried fonvard 19 £3.775.980 £160,5 £3,936.480 £3,766,628 The results deriv¢ from continuing activities and there are no gains or losses other than th05¢ showi abov¢. The notes on p8ges I1- 20 forni part of tbese accout
GILLn¥GHl COEtrlM LIMITED BY GITA LEtSLTRE TR SHELY 2024 (Res¢8ttd} FIXED ASSETS li 4328.843 4J93,238 ctJR]RENT ASSET8 Stock Debtors Cash bank illh4tEd 6,740 21 J41 215.911 8.325 21.449 77.039 13 244,492 106.Y13 CREDITORS.. amouDts flg due vdithln OtYeAr Credito 14 {208,39B> 1228.873) (1406Q) NKf CURRENT (LIABILIT) 36.094 CRBDrroKs: amowits fs]lkngd#e 4fttr mDT¢ on4 y¢ar {42&4 1504,550) I¥ET ASSETS £3,936A80 £3.766,628 R¢preseutimg.' UNRLsTRJD ThCOME FUhl)S (eral fund 19 3.775,980 3.733.ts6Q RF5trtGI flinds 19 160,51>) £3,936,480 £3.166.628 The a¢couBts have beehprepard Ix ac¢ordaTK¢with the wial wovi8ionB ofpart 15 ofth¢ Corapallks A¢t 2006 Fgl&tiD8iD st>ull ¢onwÈ¢ Approved by thc TnLes oo L aod sigD¢d OL their behalf by Mr P &Iv4>g*r CBE TheRwt¢s on pagu 11. 20 fornipartoYth¢se fj¢¢4)ts
THE C.ILLINGHAM COMMLliITY AND LEISURE TRUST LIMITED DIITED BY GUARA.NTEE COMPANY fiUMBER: 0686851 STATEMThry OF CASH FLOWS FOR THE YEAR ENDED 311 JUNE 2025 2024 CASH FLOWS FROM OPERATING AcfIvITIKS Net cash provided by op¢rating activities 425260 175,197 CASH FLOWS FROM INvESTG AcfiviTILS Interest received Interest paid Proceed$ from th¢ sale of ed assets Purch of property. plant and equipment 1,073 (33,451) 500 (265,777) (14.874) 3,125 (210.979) N¢t ¢a8h proyided by (used in) illV¢5ung activities (221,844) (297,655) CASH FLOWS FROM FINNcG Acrtvi New borrowing leose5 New borrowing loans R¢paymeDt of ixirrowing Repayment ofborrowing CIIANGE IN CASH AND CASH EQUIVALENTS IN THE REPORTINC PERIOD 27.500 202,123 lea4es loans (24,402) (67,642) (44.577) £138.872 £35,088 C&gh and cth equivalents at the beginning of the reporting period Cash and casb equivalents at the ¢nd of the reporting period 77.039 41,951 £215,911 £77,039 NOTES TO THE CASH FLOW STATEMENT Reconciliation of net ineomd(expenditure) wlth net ca&h now from operating activitie5 Net iocomel(expenditure} for the reporting period (as per the statement of Fmancial activktie5) Adjustments for.. Depreciation and impaim)ent charges DiYid¢Dds and illterest from inve5tnients Interest pavable IProfit)Iloss on disposal of fLKed assets (tn¢r¢aselldeere&se in stock (try¢re1/de¢reasc in debtors In¢T¢#sel(d¢¢re&8e) in Creditors 2025 2024 169.852 4,992 269,720 (884) 14,874 247.630 11,073) 33,451 (388) 2,588 1,799 (113.802) ,585 (392) (32.023} N¢t wh flow provided by opernting actiyities £425260 £175,197 Compollents ofeash ¥Jnd cash equiv41ertts: 2025 £215,911 2024 £77,039 Cash at bank 2nd in hand The notes on pages I I to 20 fr1rn] part of these accounts.
e 13 THE CILLtNGHAM COMI¥ILYITY AND LF.ISURE TRUST LINflTED IMETED BY GLARA.YTEE YOTES TO THE ACCOU.N'TS FOR TI YEAR ENDED 30 JL 2025 I. ACCOUNTING POLICIES a. Basts ofaeeollntlrkg The A¢¢ounts hav¢ been prepared in aordanCe with Accounting alld Reporting by Charities.. Statement of Rec4)mmend¢d Practice applicable to chariiies preparing their accounts in accordance with the Financial Reporting Stwidard applicable in the UK and Republic of Ireland (FRS 102) (effective January 2019) and the Companies Act 2006. Assels and liabilities are initiatly recognised at historical cost or transaction vdue llnle$s otherwis¢ stated in the relevani accounting poli¢y noi¢$. Having reviewed the finances of the company, gether with the expected on-going demand for service 8nd tUre projected c&sbflows, the Trllstees have a reasonable exptctation that tbeTr are adequate resource5 to Continue its g¢1ivilies for thtr fores¢eabl¢ fvth. Critleal aefolltIng judgements and key Sources of e5tirngtion CertaInty In the application ofthe accounting liCIes, the Trustees are required to nke judgements, ¢stinteS, and assumption5 about ihe carrying value of assds at)d liabilities that are not readily apparent from otber sources. The estimatrs and underlying &ssumptions are based ott htsthrical experience and other factors that are Co[dered to be relevant. Actual results may differ from tbe5¢ ¢5tinwtes. The estimates and underlying assumptions are reviewed on an ollgoing basis. Revisions to accounting estllnates a recognised in the period in which the estillte is revised ifthe revision affects ottiy that period. or in tbe puiod of the revision and future pEriods if the r¢vi5iott aff¢ct¢d current and futurE p¢riod5. In the view of the TNstres. DO assumptions concerning the futwr or estimation uncertainty affecting assets OT liabilities ai the balance sheet date are likely th result Ati a matrrial adjusDnent to their carrying amounts in the next rinancial year. The following accounting policie5 have been applied consistently in dealing with items which are consid¢r£d material in relation to the Company's fiDancial statetnen b. Tangible Fixed Assets Capital llssets are capitalised at cost. Tangiblc fixed &5sets are depreciated on a stsèigbi line basis over their anticipated useful economic live4 usang the following A41 rnies: Freehold property Genergl plant and ¢quipment HeAt exchanger and LED lighttng RM2 equipment and building improvements 2Vo stsay}I line 25QA redu¢ing balan¢e 5% straight line IOP/D straight lin¢ Impairmentrevi¢ws are und¢rtak¢n io id¢ntify the ¢arrying v4lu¢ of fix ass¢ts is appropriate. e. Income All income is recognised on the receÈvable basi4 ull]ess it is defeJTed. and is exclusive ofvAT. Leisure centre membership subscription5 have bea] recognised ID the period that they are paid. Income received that relates to future accounting perio&q is treated &8 defetted income and is ttyed as a liability. Inrotu¢ is allo*ed to th¢ appropriale OUnting p¢rio
e 14 THE GILLU¥GHAM COMMLNITY LEISURE TRUST LIMITED LLMITED B Y GUARLYIEE 'OTES TO THE ACCoL.Ts FOR THE YEAR EYDED 30 JUhE 2025 l. ACCOUNtINC POLICIES (eolltled) d. Grants and doDatlDn8 Donation& grants aDd gifts are rKognised when weivable. ID the event that a donation 15 subject to fu]filling performance conditions before the charity is entitled the fuDds, the income is deferred and not recognised until 1¢ is probable that those condiiions WIEI be lflued in ibe reporting period. Incom¢ from gov¢mment and oth¢r grts. whether'¢api181' grant5 or'rev¢nu¢' grants, ar¢ 01$¢a when the charity has ¢ntitl¢n]ent to th¢ fi]nd5, any perfonnan¢e condthons attached to the grants haye been met. il 15 probable that the income will be received, and the amount Can be M¢Ured reliably amd is not def¢ed. Grdnts and donations for specific purposes are accounted for as receivable and are treated as fomiing restricted nds. ExpeodTrture Expendiiure is recognised on an accruals blS &8 a liabilty is tncurred. The Clwity is able to partially recover VAT and irrecovernble VAT is reported as pArt of the ¢xpendikntre to which Ét relates. f. Charitable activitles Charitable expenditure shall include all expendiDJre diredty relafrd to ibe objects of the Charity. g. PesOn5 Employer pension c4)ntributions Ar¢ paid uttder a defjned contribution petssion scheme. The ats of the scheme are h¢ld separately. Contributions are cbarg¢d a8 expenditure iti the period for which thry be¢ome payable to the penston sehemB. h. Govern&ncg costs These costs represent ihe costs in¢unYd by the Charity in respect of n]anagement and administrative expenditure and ¢ompliati¢e with st8rutory awl l¢gal requirem¢nts. Fund Aounting Funds h¢ld by th¢ charity f411 itits) the following rategori<s: Unrestricted general fidS.. These are fd5 which wi be 5. at th¢ discr¢tioD of the trnSt¢es. ill accordallcE Wltb the ¢haritable objects of ibe Charity. (li) Restri¢t¢d fid8. These funds which can only be used by the Charity for particular purposes. Restrictions arise either when they are specified by the donor or when funds are raised for a Specific pury)ose. The restriction is that the funds have to be speni on a specific project. li is the policy of the board of trustees to carefully monitor the application of these Ojllds in acc4)rdance with the restrictions placed on th¢m. Fin*nclHI Illstruments The Company only enters into basic financial instrunts that re5uII in the recognition of ftnanciai assets and liabilities like trade and other debtors and creditors, alld loalls from tbird wties. lu Sto¢k Stock held comprises goods held for in the shop aDd catering suppl7es for the Café. Th¢s¢ are r¢¢4)gnised at the lower of cost and nei reallble value.
THE GILLINGHAIII COMMLhThY AND LFJSITRE TRusf LIMfiED IMrrED BY GUARknTEE PIOTES TO THE ACCOUNTS FOR THE YEAR EliDED 30 Jb".NE 2025 2. VOLUNTARY INCOME 2025 2024 (R¢5tsted) 16,048 198,505 £214,553 Grallts- Public swtor Grants- Other 99,853 176,985 £276,838 3. TNCOMI FROM CHARITABLE AcrivrTIES 202 2024 1.322,154 £1,322,154 Lei5ur¢ c¢Dtsr nwllberships and adtnission fees 1.496.446 £1,496.446 4. OTHER TRADING AcfivITIES 2025 160.292 6.027 2024 248,988 9299 Café, shop and other activitie5 Rental Inrne £166,319 £258,287 5. INVESTMENT INCOME 2025 884 2024 Bank deposit interest 1,073 £1,073 84 O. RAISING FUF4DS 2025 77,013 2024 126,844 Café. shop and otbeT activities expenditstr¢ £77,013 £126,844 7. CHARITABLE ACT[vlEs i. Costs of Charitable Activiiies Support Costs 280,537 Total 2025 Total 2024 1.664,230 £1.664,230 Costs 1.413.085 Operdtii)n Df Riversmeet Leisure Centre ,693,622 £1,693.622 b. Support Co$ts These constitute nwwgemeni and adMive costs which are incurred ¢nable the charity to carry out its lyi11es. They are nmde LW as follows: 2025 145,074 12,407 117.055 6,001 2024 113,881 12,056 119,719 8,993 £254,649 Manag¢m¢nt Fi]wic¢ Central office expeos&s Governance (audit alld accountancy) £280,537
E GtLLI.YGHAM COMMLIF*lTY A,ND LEISLIiE TRUST LLMITED LIMITED BY GUARANfEE NOTES TO THE Accouyrs FOR THE YEAR Eh'DED 30 JL.NE 2 7 b. Support Costs {coDtinued) Thes¢ ¢0sts have been allocated to the charitys charitsble activities and goverJan¢e on the basis of th¢ usage of th¢se resource5 by the various activilles, as follow%: 202 252,646 2,003 £254,649 Charitable activiti&s Other trading activities 274,609 5,928 £280.537 8. EXPEfqDITURE FOR T1 YEAR This is stated &ft¢r ¢harging {¢rediiing)'. 2025 2024 D¢prtciation AuditoWs rL)muner2tion Accountancy serviees pmvided by Auditor 269,720 4.500 1.501 247,629 4,250 4,743 9. STAFF COSTS 2025 2024 Wages and salaries National insurance Pension contributions 827,109 50,970 13,209 £891,288 914,953 48.759 11,961 £975,673 Averdge number of employees.. Leisure Centtr 66 No employ¢e$ were poid £OO.000 or bitsr in either year. Key managernelli pet3Dnnel employee benefits {in¢luding Employ¢ry Nl and Pension) were £145.07412024: £135,190). P¢nsiou commitments outstanding at the yearend were £2.92612024: £2.465} 10. OPERA TING LEASF The total of fvture minimum lew payments under non-eaneellabl¢ op¢ratiDg l¢ases were: 2025 202 Not later than one year, later than on¢ year and not later than frye Later than five yegrs; and 31.117 105.077 43.125 179.319 29,794 112,129 65,625 207.548 L¢&$¢ paytll¢nts re¢ognis¢d as an ¢xp¢nse in y¢aT were £31.299 (2024: £9,968).
¢17 TKE GILLINGHAM COMhtUJUTY AND LEISLIIE TRU LIMIT ]hllTED BY GUARANTEE .NOTES TO TEtE ACCOLlhTS FOR THE YEAR Ef*DED 30 2025 11. TANGIBLE FIXED ASSETS Freehold ui COST At l Juty 2024 Addition5 Di5P05als 4,962.134 1.608,873 210,979 (33.459} 6,571,007 210,979 (33,459) At 30 June 2025 4,962.134 1.786,393 6.748,527 DEPRECIATIONI At l Ju]y 2024 Charge for the year Disposa]s 1.389.008 99,243 788,761 170,478 {27.806) 2,177,769 269,721 (27,806) At 30 JutLe 2025 1,488,251 931.433 2.419,684 NET BCK)K VALUE At l July 2024 £3.573,126 £820,112 £4,393,238 At 30 Jwic 2025 £3.473.883 £854.960 £4,328,843 12. STOCK 2025 2024 St4xk- café attd retsil 6,740 8.325 £6,740 £8,325 13. DEIITORS 2025 2024 Trad¢ debtor5 Prep&JThents and accrued incorne 6,164 15,677 8,127 13,322 £21,841 £21,449 14. CRKDITORS: AmouDts f•lllDg due wlthln one y¢ar 2025 2024 IRe8tated) 67,642 34,621 21,376 23,425 2,562 79,247 £228.873 Loans Trade creditors Oiher taxes and social security Obligations under rmGe[GaS& Other credilor5 Accruals and deferred in¢om¢ 76.648 39.574 22.431 29,658 3.337 36,750 £208,398 The comparatiV¢S included £16.048 of deferr capital grants. whith Iw b¢¢tt taken to in¢L)me according to the rEvtsed accountan8 policy The obligations undtr finance leases relate to equipment purchased.
THE GtLLINGHAM COMMUYITY L)D LEISURE TRUST LIMrrE LIMITED BY GLAIL4P*TEE NOTES TO THE ACCOUhTS FOR THE YEAR E.YDED JO JU.NE 2025 I& CREDITORS: Amounts falllng after more tban one year 2025 2024 (Rtated> 101,425 403,125 obligatio under f]nance leases Loan account 101,980 326,477 £428,457 £504,550 Th¢ loall a¢coun¢ is mft(]e up of thr¢¢ balances= Dorset Council interest free loan. repayabk in eq1 in5talments over 22 years. Th¢ remaining balance due after one year is £165.568 (2024: £179.659). Two unsecured loan5 from aD unrelated paty, repayable over 5 aDd 10 yeaT5 respectivety. Con)bin¢d balance due after one year of £62,267 (2024.. £84,667). Balance of a Coronavirus Business Intrrrupuon Loan Scheme loan (renegotiated in yearl due after on¢ year of £98,641 {2024: £138,799). L<Mn repayable after more than fiv¢ y¢an £125.038 (2024: £146,729). The MParativeS Included £182,456 of deferred capital grants, whicb have been tsken to inwtlle ac¢ording to the revised accounting policy. The obligations under fmance leases are for gym equipment and is all paYrnable later than on¢ year and not later t1 five yeays. 16. DEFERRED INCOME 2024 Oieststed) 12,316 To SOFA Movement 21125 Creditors les5 than one year {19 316) 9.940 9,940 £12,316 (£12:316) £9,940 £9,940 Deferred income is cotnprised of income paid in advance for servtces in tUre yeaTS and grdnts deferred, Ml)¢re P6rforfflanc¢ conditiOll5 nE¢td to be fulfillcd before the charity i5 entillEd ts) tbe fijnds. The total fmance charB£S O the leases was £29k. 17. ULTIMATK CO.YTROLLING PARTY The Gillingham Community and Leisure Tn]st Limit1 is a wholly 0ed subsidiary wmpany of The Three Riyers PamersFLiP (based in the UK in Gillingham, l)orset- Charity Registrdtiort number 1106977. Company number 04801788) and is ulti]nately controlled by the trUSeS and members of Company. Its objects are to promote the benefit of those who live and work in GilliDgbam and the surrounding ar¢ including the provision of facilities in the inrerests of social ivelfare for recreation and l¢i5ur¢ time (wupation. Copies of the consolidated accounts can be obtained by writing River5me¢L Gillinghan).
THE GILLINGKAM COMMUYITY thD LEISURE TRUST LIMITED II¥IITED BY GUARANTEE NOTES TO THE ACCOU.NTS R THE YEAR ENDED 30 JUNE 21125 18. Af4ALYSIS OF TrIET A&SETS BETWEEN FLI¥DS Fund balances at 30 June 2025 were represented by the following ats attd liabilitie5.' ntrACted Restrtcted Funds Funds 2025 2025 Total Fund5 2024 Total 2025 Tangible red ossets Current ets Current liabiliiies Long terni liabilities 4.328,843 83.992 (208J98) (428.457) 4,328,843 244,492 (208.398) {428,457) 4,393,238 106.813 (228,873) (504,550) 160.500 £3.775,980 £160,500 £3,936,480 £3,766,628 Fund balallces at 30 June 2024 were r¢pTesented by the following assets ond liabilities.. Unrestricted R¢stri¢d Funds Funds 2024 2024 Total 2024 Tangible fLxed assets Curr¢zLt assets Curr¢nt liabilities Long tertll liabilities 4J9J,238 73,245 (228,873) (504.550) £3.733,060 4.393238 106,813 (228,873) (504,550) £3,766,628 33.568 £33,568 19. FUP4DS Balance 30.06.2024 Balance 30.06.2025 TrarLsfers UnTWtrlcttd funds Geoeral fund (Roststed) 3,733,060 (ReJtst¢d) 25.0 8.568 1.673.791 11.770,635) 139.764 3,775,980 Restricted fund5 Coinmuniry facitities Energy Efficiency Fund GaStiCS Fund Pool Improvements Fund Recarpetting Fund WellbciDg Hub Fund 25,000 8,568 127,990 4,667 104.711 19.995 9.333 (127.990) (4,667) 104,711 19,995 2,226 160,500 (7.107) {139,764) 33.568 266,696 £3,766,628 £1.940,487 (£1.770,6351 £3.936,480 oses of RestrÉcted Funds Community facilities Pool In)provements Fund Energy Etyiciency Fund Gymnastics Flld Wellbeing Hub Fut RecaTpeting Fund The fi]nd is torthe rffoviwon ofwmmunity services The fimd is for capts] proj#ts on the m'imming F01 and r¢lated facililies The fund is for capital proj¢¢ts on the energy infrasffiicture The fvrtd is tOT gymn cquipMl The fund is for the deyclopment gnd impravem¢n of the WellbeingCet)tre Ihi5 fund is for Ihe costs aTMI other llooring
T1 CtLLllYGHAM COIDtLThITY AND LEISITRE TRUST LIMITED IMITED BY GL'ARANTEE -NOTES TO THE ACCOUJNTS FOR THE YEAR EYDED 30 JUNE 202S 19. Fuf4DS (Colltlllued) COMPAILITIVE YEAR- FUNDS (Restated) Balance 30.06.2023 Balance 30.06.2024 Jncome enditure Trdnsfers Unrestricted funds General fijnd 3,736.636 ,597.562 (1.791.075) 189,937 3,733,060 Restricted funds Community facilities Energy Efficiency fimd Gyinnastics Fund Pool Improvements Fund Wellbeing Hub Fund 25.000 25,000 8,568 164.555 7,700 21.250 5.(MJO (155,987) (7,700) (21250) (5,000) (189,937} 25,0 198,505 33,568 £3,761.636 £1.796,067 (£1.791,075) £3,766,628 20. TRUSTEE REMUNERATION & RELATED PARTY TRANSACTIONS No trustee or p¢rson related to the charity had any personal interest in any contrdct or transaction entered into by the ¢harity during the peri. nor received any TetnuDeration. The ¢hartty also r¢nt¢d faclItieS to its parent (The Three Rivers Partnership. Dorset) for £1.355 {2024: £),032), recharged the £2,55512024: £272) for expei]ses incwred on its behalf, and rnade a £3,024 unrestricted dollation. 21. SUBSIDIARY COMPANY Thrive Community Services Limited 15 a wholty OW[ subsidiary cornpany of Thc Gillingham Community and Leisure Tntst Limited. The subsidiary company ts dornwrt and ljas never tradeA. 22. CAPtTAL COMmITMETrs The charity has Capit commitments of £15.448 at 30 June 2025 (2024: £56.001). 23. CHANGE IN ACCOU.YnyG POLICY In y¢ar, th¢ Charity chang¢d ils ac¢ounting policy foT capÉtal grants. as partial wty adoption of Charity SORP 2026. Previously capital grants were deferred over the life of the relakd &ssel rele&sed to the SOFA on a 5traighi.IiDe basis ¢0 offs¢i tb¢ w¢Vs depre¢latiO li now r¢cwises the in¢om¢ as per I)unting poli¢y Id. The ¢urrent y*s results, and the comparative4 have therefore been resta1& as follows: Per Old Policy Restated Per Old Policy 30106f2024 31V06f2025 30106r2025 30106Jf24 Credilors falling due within one year Creditors falling due after one year Nel assets (239.342) (816.451) 3.685.832 26.190 (208,398) (428,457) 3,936,480 276.838 (244,922) (687,006) 3.766.628 16,048 (228,874} 1504,550) 3.568,124 Donation4 legaeies and grant income Surplusl(Defi¢it) 214.553 (71207) 169.852 1193,512) 4,992
e21 THE GILLINGH COMMLThUTY AND LEISLIiE TRUST LtMrrED IF*lITED BY GuARTEE 24. COMPARATJVE YEAR STATEMENT OF FINANCIAL ACTlVtTIES STATEMETr4T OF FINNCIAL ACTIVITIES CORPOIL4TThG If4COME & EXPE,YDtTLKE Accour OR HE YEAR ENT)ED 30 JUNE 2024 {Reststed) Unrertrfeted Restrlctsd Fund Fund 2024 2024 Total Funds 2024 Iyotes (Re5tstcd) (Restated) (Restated) INCOME AND ENDOWMENTS FROM: Donations, legacies and grants Charitable activities Other trading income Investtnent incom¢ 16.048 1.322,154 258.287 1.073 198.505 214.553 1.322.154 258,287 1,073 Total Income 1.597,562 198,505 1,796.067 EXPEM)fTURE ON: Raising funds Charitable activities 126.838 1.664.237 126,838 1,664,237 Totxl Expetsdlitsre 1.791,074 1,791,075 Net {¢xpenditure) {193,513) 198.505 4,992 Tr8n$fers between funds 189.937 (3,576) (189.937) 8.568 NET MOVEMENT IN FUNDS 4.992 RECONCILIATION OF Fuf4DS Fund Balances brought forward 19 £3,736.636 £25,(KJO £3.701,630 Fund Balan¢es ¢&rri¢d for¥v8rd 19 £3.733.000 £33,568 £3,766,628 Th¢ results derive from continuing activities and there are no gaiLs or loss¢s other than those showll above.