2022-12-31-accounts

			Page
Report ofthe Trustees		1	to	5
Report ofthe Independent	Auditors	6	to	9
Statement ofRnanclal Activities			10
Balance Sheet
Notes to the Rnancial Statements		12	to	21

						31.12.22	31,12.21
				Unrestricted	Restricted	Total	Total
				fund	funds	funds	funds
			Notes	E	F	F	E
INCOME AND ENDOWMENTS		FROM
Donations	and legacies						27,097
Charitable	activities
Operation	ofcentre facilities			245,390		245,390	195,772
Other income							28,497
Total				245,390		245,390	251,366
EXPENDITURE ON
Charitable	activities
Operation	ofcentre facilities			261,922	58,844	320,766	248,981
NET INCOME/(EXPENDITURE)				(16,532)	(58,844)	(75,376)	2,385
RECONCILIATION OF FUNDS
Total funds	brought forward			65,469	2,047,520	2,112,989	2,110,604
TOTAL FUNDS CARRIED FORWARD				48,937	1,988,676	2,037,613	2,112,989

		BALANCE.	HEE
		31.DECEMBER:202
				31.12.22	3'l.1'2.21.
		Notes		f	f
FIXEDASSETS
Tang'Ible assets				1',995,444	2,059,760
CURRENT: ASSETS
Debtors		1:3'		23,382	27,993
Cash at bank and ln hand				85,1'16	104,372
				'l08,498	132,365
CREDITORS
Amounts famhg due within'orie	year	14		(66,329I	(79;1.36)
.NET CURRENT ASSETS				42,169	53,229
TOTAL ASSETSLESSCURRENT LIABILITIES				'2,037,613	2,1'l0,989
.Ng ASSETS				2 037613	2 132989
FUNDS
Unrestricted funds				48,'937	65,469
Restricted funds				1988&76	2,047,520.
TOTAL FUNDS,				2:b037,613	2,112;989.

				31.12,22	31.12,21
				E	E
Grants					27,097
Grants	received,	included	in the above, are as follows:
				31.12,22	31,12.21
				E	E
Local restrictions		support grant			4,097
Closed	business	lockdown	payment		4,000
Restart	grant				8,000
National	Leisure	Recovery	Fund		11,000
					27,097

3.	INCOME FRO	M CHARITAB	LE ACTIVITI	ES
					31.12.22	31,12.21
			Activity		F
	Centre activities 8 related
	income		Operation	ofcentre facilities	154,011	106,580
	Management	fees	Operation	ofcentre facilities	91,379	89,192
					245,390	195,772
4.	OTHER INCOME
					31,12.22	31.12.21
					E	E
	Other income					28,497

		Direct	Support
		Costs (see	costs (see
		note 6)	note 7)	Totals
			E	E
Operation	ofcentre facilities	167,279	153,487	320,766
DIRECT COSTS OF CHARITABLE ACTIVITIES
			31.12.22	31.12.21
			F	E
Staff costs			103,903	68,999
Other staff	costs		472	368
Bar, catering 8 vending			(697)
Bad debts			(716)	(4,676)
Depreciation			64,317	63,481
Loss on sale ofassets				274
			167,279	128,446

						Governance
					Management	costs	Totals
						E	E
Operation	of	centre facilities			144,789	8,698	153,487
Support costs,			included	in the above, are as follows:
Management
						31,12,22	31.12.21
						Operation
						ofcentre	Total
						facilities	activities
						E	E
Property costs						92,353	72,352
Insurance						8,660	7,616
Administrative			costs			14,727	12,665
Management		fee				20,004	20,000
Postage and		stationery				223	177
Advertising						357
Sundries						3,034	1,690
Legal and	professional			fees		1,490	35
Irrecoverable		VAT				3,941
						144,789	114,535
Governance		costs
						31.12,22	31,12.21
						Operation
						ofcentre	Total
						facilities	activities
Auditors' remuneration						8,698	6,000
NET INCOME/(EXPENDITURE)
Net income/(expenditure)				is stated after charging/(crediting):
						31.12.22	31,12.21
						F	E
Auditors'	remuneration					8,698	6,000
Depreciation		-	owned assets			64,316	63,482
Deficit on	disposal offixed assets						274

STAFF COS	TS
						31,12.22	31.12.21
						F	E
Wages and salaries						95,184	61,269
Social security costs						4,776	4,246
Other pension	costs					3,943	3,484
						103,903	68,999
The average	monthly	number ofemployees		during	the year was as follows:
						31,12.22	31,12,21
Operation ofcentre facilities						11	11
No employees	received emoluments		in excess of		260,000,

COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES	COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES	COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES
		Unrestricted	Restricted	Total
		fund	funds	funds
				E
INCOME AND ENDOWMENTS		FROM
Donations	and legacies	16,097	11,000	27,097
Charitable	activities
Operation	ofcentre facilities	195,772		195,772
Other income		28,497		28,497
Total		240,366	11,000	251,366
EXPENDITURE ON
Charitable	activities
Operation	ofcentre facilities	179,136	69,845	248,981
NET INCOME/(EXPENDITURE)		61,230	(58,845)	2,385

11,	COMPARATIVES	FORTHE STATEMENT OF R	NANCIAL ACTI	VITIES -continued
				Unrestricted	Restricted	Total
				fund	funds	funds
					E	F
	RECONCILIATION	OF FUNDS
	Total funds brought	forward		4,239	2,106,365	2,110,604
	TOTAL FUNDS CARRIED FORWARD			65,469	2,047,520	2,112,989
12.	TANGIBLE FIXEDASSETS
					Fixtures
			Freehold	Plant and	and
			property	machinery	fittings	Totals
				E	E	E
	COST
	At 1 January 2022	and 31 December 2022	2,942,261	229,173	401,868	3,573,302
	DEPRECIATION
	At 1 January 2022		894,741	216,933	401,868	1,513,542
	Charge for year		58,844	5,472	-	64,316
	At 31 December 2022		953,585	222,405	401,868	1,577,858
	NET BOOK VALUE
	At 31 December 2022		1,988,676	6,768		1,995,444
	At 31 December 2021		2,047,520	12,240		2,059,760
13.	DEBTORS:AMOUNTS FALLING DUE WITHIN		ONE YEAR
					31,12.22	31,12.21
					F	E
	Trade debtors				22,265	4,337
	Prepayments and	accrued income			1,117	23,656
					23,382	27,993

					31,12,22	31.12.21
						P
Trade creditors					9,723	9,831
Amounts	owed to group undertakings				3,506	17,130
Social security and other taxes					22,590	21,024
Other creditors					549	549
Deferred	income				10,168	9,232
Accrued	expenses				19,793	21,370
					66,329	79,136
LEASING AGREEMENTS
Minimum	lease payments	under non-cancellable	operating	leases fall due as foliows:
					31,12.22	31.12.21
					E	E
Within one year					320	1,466

ANALY	SIS OF NETASSETSBE	TWEEN FUNDS
				31.12,22	31,12,21
		Unrestricted	Restricted	Total	Total
		fund	funds	funds	funds
		E	E	P	E
Fixed assets		6,768	1,988,676	1,995,444	2,059,760
Current	assets	108,498		108,498	132,365
Current	liabilities	(66,329)		(66,329)	(79,136)
		48,937	1,988,676	2,037,613	2,112,989

MOVEM	ENT	IN FUNDS
							Net
							movement	At
						At 1.1.22	in funds	31.12.22
						E	E	E
Unrestricted		funds
General	fund					65,469	(16,532)	48,937
Restricted funds
Sevem	Centre Building		Fund			2,047,520	(58,844)	1,988,676
TOTAL	FUNDS					2,112,989	(75,376)	2,037,613
Net movement		in funds,	included		in the above are as follows:
						Incoming	Resources	Movement
						resources	expended	in funds
						f	E	E
Unrestricted		funds
General	fund					245,390	(261,922)	(16,532)
Restricted funds
Severn	Centre Building		Fund				(58,844)	(58,844)
TOTAL	FUNDS					245,390	(320,766)	(75,376)
Comparatlves		for movement		In	funds
							Net
							movement	At
						At 1,1,21	in funds	31,12,21
							E	E
Unrestricted		funds
General	fund					4,239	61,230	65,469
Restricted funds
Sevem	Centre Building		Fund			2,106,365	(58,845)	2,047,520
TOTAL	FUNDS					2,110,604	2,385	2,112,989

			Incoming	Resources	Movement
			resources	expended	in funds
			f	E	E
Unrestricted funds
General	fund		240,366	(179,136)	61,230
Restricted funds
Sevem	Centre Building	Fund		(58,845)	(58,845)
National	Leisure Recovery Fund		11,000	(11,000)
			11,000	(69,845)	(58,845)
TOTAL	FUNDS		251,366	(248,981)	2,385