## ||||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| ## ## ## ## ##