Future Leisure I n Coxhoe Future Leisure in Coxhoe IA company limited by guarantee with charitable status} Report and Financial Statements For the Year Ended 31 December 2022 Charity Number: 1145037 Company Number: 07776929
Future Leisure in Coxhoe Report and accounts for the year end¢d 31 DO¢•mr 2022 Content• Pao• Chaty Infomiation Tr4Mtees' Annual Roport Stat$m•nt ol dlr•ctorn' r8swMlbllttl8• Ind•wnd•ni Exami Report 10 Funds St•t•m•nts.'. Slat•m8nt ol Finan(ig1 ActThiiti•S Siat•m•nt of tot81 r8eogni88d gain8 and b88•8 Movements in funds 12 13 14 Income and Expendrture •oxunl 15 8al•nc• ¥he•t 18 No¢9• to th• ¢e¢unt• 17 M4n•9•m•nl Inlomi•tlon
Contents of Trustee Re ort Reference and Administration Details Structure, Governance and Management Objectives and Activities The History of FLIC and the Active Life Centre Making a Difference in our Community Achievements and Performance Future Plans Financial Review Declaration The Directors of Future Leisure in Coxhoe IFLICI presents its annual report and audited financial statements for period ending 31 December 2022.
Reference and Administration Information Charity Name.. Charity registration number.. Company registration number: Registered Address: Future Leisure in Coxhoe IFLICI 1145037 07776929 Active Life Centre Lindcn Grove Coxhoe Ourham DH6 4DW Directors Michael Lavelle Chief Executive Kevln Appleby Deputy Chlef ExecutSve Wendy Lavelle Secretary Candace Gilberr stuart Dunn Paul Soler Amy Harden Keith Barron Vacancy
Structure, Governance and Management FLIC 15 a charitable company limited by guarantee incorporated on 16 September 2011 and registered as 3 charity from 13 DecÈmbÈr 2011. The company was established under a Memorandum of Assotiation whith established the objects and powers of the charitable company and is governed under its Article5 of Association. In the event of the company being wound up member5 are required to contribute an amount not exceedinR £I.IXI. The charity was formed to facilitate the transfer of the Active Life Centre @Coxhoe Ithen known as Coxhoe Leisure Centrèl to a community organisation from Durham County Council and so save it from closure. A maximum of 9 dirertors was agreed and the initial group of directors were elected at a public meeting of volunteers who formed the community organisation to save the facility. The directors were chosen to give a wide area of expertise to reduce the need to bring in potentially costly advisors. Under the terms of the Memorandum and Articles of Association the directors are excluded from receiving any benefits from the charity (financial or otherwise). They are all aware of this condition but still volunteer their time and expertise for the benefits of the community the charity serves. The board of directors 15 made up of 9 posts and is led by the Chiel Executive with an identified Deputy and a Secretary. The Chief Executive also currently undertakes the role of Ftnance Officer with 3 directors and the Centre Mana8er havlng s18natory powers. 2 signatures are required for any flnanclal actlvity. At the first AGM all directors were required to seek -eleCtIon but from the second year onwards only 3 director5 will be up for re-election each year. For the 8oard Meeting on Il" Aprll all the directors expressed a desire to tontinue except Michael Vasey, one of the original members, who has confirmed his resignation. Many thanks to Michael for his valuable contribution over the years and we look forward to still seein8 him in the Centre and the community. The directors who are up for re-election this year Stuart Dunn and Keith Barron plus the one vacancv. A promotion31 camp3i8n will be undertaken prior to the AGM to ensure a wide mix of potential directors are identified. An election 15 undertaken for anybody nominated ai the AGM and all members of FLIC present have a vote in accordance with the category of membership they hold. FLIC continue to work closely with Coxhoe & Quarrington Hill Parish Council to ensure the community is well represented in the fulfilment of ihe FLIC aims and objeciive5. We also contSnue to work closely with local businesses, schools, Durham County Council and Councillors and other local community organisations. We still strive to build a relationship with the local doctors Sufgery.
Objectives and Activities Our charlS objectives as set out in the articles of association are.. 'To further or benefit the inhabitants of Coxhoe and the surrounding areas, without distinrtion of sex. sexual orientation. race or of political. religious or other opinions by associating together the said inhabitants and the local authorities, voluntary and other or8anisations in a common effort to advance education and to provide facilities in the inttTest5 of social welfare for recreation and leisure-time otcupation with the objective of improving the conditions of life for the residents., In furtherance of these objects but not otherwise, the trusiees shall have power.. 'To establish or secure the establishment of a leisure centre. In order to carry out our alms and oblectives and when plannlng our future attivities we have referred to the 8uidance contained in the Charity Commissions Beneral guidance on public benefit. Specifically. we hav¢ acquired a 35 year lease on Coxhoe Leisu Centre which we have renamed the Actlve Life Centre @Coxhoe. The focus of deliverin8 public benefit is the Active Life Centre. From this base we have created foca5 point of activities for the young 3nd older within our area, those that are able and those that are not $0 able. All activities are available to all a8es and abilities and to member5 and non- members. These activities include.. Fully equipped gym Fitness classes Dance classes Numerous sporting artivities Sports coaching Personal training Weights room Special event I funrtion venue Youth clubs and sch¢)ol holiday activities Community Room
The Hlstory of FLIC and the Active Life Centre The first target for FLIC was to secure the lease from Durham County Council to operate Coxhoe Leisure Centre and avoid its closure. The first date of transfer was 16 November 2011 under a Tenancy at Will agreement with the commencement of a 35 year lease in Marth 2012. The lease wa5 granted after consideration of our Business Plan and Coxhoe Leisure Centre was immediately renamed the Active Life Centre @ Coxhoe. The business plan identified that the £250,OC(J losses incurred on a yearly basis by Durham Countv Council would not be eradicated until after 3 years trading. In order to commence trading we secured a one off donation totalling £30.OW from our 2 County Councillor5, and £30,000 donated by Coxhoe Parish Council in each of the first 3 years ol our tenancy. The third of these yearly donations was received in 2014, however, we are grateful to Coxhoe Parish Council who have committed a yearly amount of £4000 from 2015. The transfer of the Leisure Centre included the TUPE transfer of 6 full time staff and 2 part tlme coaches. With the appointment of an experienced manager we were immediately supportin8 7 full time staff, numerous coaches. instructors and local businesses. So. not only was there a social and wellbeing benefit to keepirbg the Centre open, we have also created an economic boost to the local community. We have secured funding to create a new reception, 2 new studios and a marquee style Events venue. I he staff structure has changed over the years but at the end of 2020 we operated with / full time staff, 7 casual staff and continue to be available for apprentiship 3nd work placement schemes. In 2017 Lindsey Gibson was appointed as Cenlre Manager and continues to lead the staff very well. All the staff have been a credit to themselves and have worked very well together to make it an enjoyable experience for everyone to visit the Centre. The directors v4ould1Ske to thank the staff for their continued commitment to the ¢harltles alms and objectlves and for maklng the member experience so enjoyable and possible despite the challenging issues of Covid and Cost of Livlng Crls15.
Achievements and Performance Following the Covid19 crises of 2020 and 2021 we were hit by a national Cost of Living crisis and surge in Energy prices in 2022. As an organisation we have been badly affected financiallv from one year to the next. During 2021 we were unable to provide the popular School Holiday Activities due to Covid19 but these were re-instated in 2022 and have Proven to be very popular again. In addition we Improved the Toddler Group prov15ion and commenced sesslons on 2 mornlngs per week. These have been welcomed by the community as we are now the only organlsotlon provldlng thls activity. The Youth Clubs and other private bookings such as slimming groups and the social get tO8ether5 after exercise cla55e5 were a150 suspended but were fully iein5tated durin8 2022. In 2019 the Coxhoe Trail Run was sold out but the 2020 event, like many other events worldwide, had to be cancelled. However, we were able to host it again in Sept 2021 wlth a limited number of runners antl then in 2022 the capacity was increased back to the potential max of 300. Numbers did increase in 2022 but not back to pre<ovid levels yet. Squash and Badrninton were pemiitted again in 2022 along with all 'contarf 5PQrt5. Coxhoe Crusaders Netball Team who are based at the Active Life Centre were back up and running in full during 2022 and continue to floyrish. Fitness Classes were allowed as normal durin8 2022 as was full use of the Gym and 5-a-slde and Walkin8 Football. Many family events were affected durSng 202012021 due to the pandernlc wlth weddln8S, christenings, birthday parties etc havin8 to be postponed or cancelled altogether. We hoped to welcome everyone back with rearranged dates but other factors have not always allowed for these to go-ahead. Durin8 the first few years we reduced the losses from £250.0 per year to a point where we Can Usually and confidently predict a yearly surplus. This is a massive achievement, which we continue to be very proud of. However. our Il, year of operation was not a predictable year and we had trading loss, detailed in the 2022 accounts. Despite this loss. and because of the work done over the previous year5. we are still able to m¢)ve forward in a healthy position. Again. we are very proud of thls achlevement. Our membership fiBures have been hit by the pandemic. Cost of Living etc $0 on I, January 2023 our mernbeiship number5 were 496, which include5 short term and arbnual member5. Thls fi8ure indicates the ma55ive effect the i55ues over the past years have affected us financially. On l Jan 2022 we had 544 members and we are 170 below the figure at l Jan 2020 16661.
Future Plans In our report for 2019 we stated the following- We hove ottempted to implemerjt u GP referrol scheme which requires o connertion with locol doctor surgeries. Sofor these efforts hove beer> uftsuc¢essfvl but we will continue to try und engage with the locul surgeries os this scheme would be o huge benefit to the heolth ond wellbeing of our community. We hove identtfied on improvement that 15 requiredfor the Reception Area. We currently hove a smoll 5pacefor members to 51t ond woitfor their c1055 to start which doubles 05 0 woitino oreafor porents etc whilst ¢7 clo55 or School holidoy uctivity cgmplete5. Thi5 oreo 15 ¢icce55ed by the main d¢)or into reception ond therefore receives thefull force, of the wind tunnel creoted by u constantly opening ond closing of the only door. This olso offerts the reception stoff. To try ond combot the problem the heating is ronstuntly being utili5ed. increasing costs. but without much benefit. Therefore, in 2020 we will explore the possibility of creoting o smoll extension to the building ut the point of enfronce to stop the wind tunnel effect and to creore o much morefriendly woiting /coffee bar reception oreo. This will give o better working environmentfor the stoff, reduce the heoting costs, creote a welcoming expertencefor the porent5 etc gnd in turn generote incomefrom coffee/vending soles. Further impmvement to the Gym will be explored. This would involve the costirtQ5 toword5 0 partAtion between rhe roi5ed orea of the Gym ond the Moin Holl below. We ore 5UPPOrting Coxhoe Parish Council in theirplon to resurrert the cricket pitch und will continue to provlde o busefor any artivitie5 they can qet off the ground. Due io Covld19 il was not possible to under80 any of the above during 2020 or 2021. Due to the Energy Price rises and Cost of Living crises we have not been able to commence these works during 2022 either. Our immediate plans for 2023 are.. to continue our Bood work for the communlty and improve our visltor numbers, memberships etc to get back to the pre Covid19 levels. nstall Solar Panels on the roof to mitigate rising electricity char8es when our contract ends I lune Our secondary plans for 2023 include lookinB for fundin8 io provide extra and newly developed gym equipment and the building improvements detailed above.
Financial Review The financial txjsition of the Active Life Centre was very poor when the transfer was made but the staff and directors have worked very well together to eradicate the trading loss. According to DCC they were losing approximately £250.OIX) per year but the tLsrn around has been so great that we expect to increase our Reserve/Sink Fund account each year. However, the after effects of Covid19 followed by Cost of Living and Energy prices has left the community In a much le55 financially secure p051tion. Thi5 tran5mit5 Itself to our attendance flgures and membership numbers. The financial 5tren8th that we have worked hard to create ha5 Still enabled us to move forward with confidence despite the trading losses of the year. The dirertor5 cannot thank the staff enough for their continued hard work and commitment during these trying times. The board of directors have Biven consideration to a Reserves Policy. The importance of buildin8 reserves is understood and is constantly under review. At the end of 2022 our Reserve Account had a balance of £50,675.52. In addition, a balance of £107,745.91 was in the main daily business account. The accompanying year end occount5 have been prepared by TLB Atcountancy to provide an Sndependent assessment of FLIC'S finance5.
Statement of the Dlrectors Trustees. Responslbllltles The charity's trustees are responsible for the preparation of the accounts in accordance wfth the terms of the CompanEs Act 2006. the Charities Act 2011 and the Charities (Accounts and Reports) Regulations 2008 Notwithstanding the explicit requirement In Ihe exlanl stalulory regulaty'ons,Ihe Charities (Accounts and Reportsl Regulations 2008. to prepare the financial slalements in accordance with the SORP 2005, In view of the fact that the SORP 2005 has been withdrawn, the Trustees determined lo Interpret this responsibility as requiring them lo follow current best practice and prepare the accounts according to the FRS 102 SORP Istatement of Recommended Practice for Accountsng and Reporting by Charities) 2019, applicable lo all accountsng periods beginning on or after 1st January 20191. (The SORPI. In particular, the Companie5 Act 2006 and chanty law require ihe Board of Trustees lo prepare financial statements for each financial year which give a true and fair view of the state of affairs tsl the chanty as al the end of the financial year and ol the surplus or defi¢it of the charity. In preparing those financial statements the Board 16 required to ro prepare the accounts In a¢cordan¢e with Unite<J Kin9dom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable lawl. select suitable accountin9 polws and appty them ¢onsistenlly, make judgements and eslimales that are reasonable and prudent. prepare the financial stslements on the going concern basis unless il is inappropnale lo presume that the charity will continue In business., staltr whether applicable accountin9 s¢an¢Jard$ and ststements ol recommended practice have been lollowed, subject io any material departures disclosed ond exploined In the hnanciai statements., The law qUIreS Ihal the Iruslees must not approve the accounts unless they are sats'sfied that they give a Irue and fair view of the slate ol affairs of the chanty and ol the surplus or deficit of the charity for the year. The Tru51ees are also responsible fof maintaining adequate accounting records which disclose with reasonable accufacy al any lime the financial posibon ol the charity and which are suffieienl lo show and explain the charity's transactions and enoble them lo ensure that the financial ¥tatemenls comply with the Companies Act 2006 and comply with regulations made under the Charities Acl They are also responsib for safeguardin9 the assets ol the charity and hence for taking reasonable Steps for the prevention and detaction of fraud and other ITregulaTilies. The Trustees are *so responsible f¢r ntents of Ihe Trustees. Port. and the statutory responsibilty of the Independent Examiner In relation to Ihe Trusiees. rew11s limited lo examining the report ancl ensuring that , on the face ol r•port. Ihere afts no material IncOn6teneS wrth Ihe figbre8 di&dosed in th• fingnaAI •tstl•rn•nl• Method of preparatlon of accounts - Small Gompany provis•on8 The financial statements are set out on pages 12 to 16 The financial sialements have ljeen prepared Implementing me FRS 102 SORP Isiaiement ol Recornmended Practice for Accounting and RetKJrting by Charities) 2019, applicable to all accounting periods beginning on or after 1st January 20191. IThe SORPI, and in accordanee with the Financial Reporting Standard 102, leffeclive 1 $1 January 20161 Thes• financial statements have been prep8red in 8ccord8nee with the provisions In Part 15 01 the Compan$ Aet 2006. applicable lo companies subjeci io the small compan$ regime. Thii roport was approved by the board of tru51ee5 11th Avril 2023 Michael J Lavelle Direcior an(J Trustee
FUTURE LEISURE IN COXHOE IFLICI Report of the Indop•nd•nt Examlnor to the Trustws of the charitable company on tho accounts for the year ended 31 December 2022 I report to Ihè Truslees on my examination of the finanual slalements of the chantabbe company on pages 12 to 18 for the year ended 31 Dec£rnber 2022 whKh have been prepared in accordance with Ihe Charities Act 2011 (the Act) and wilh the Financial Reportinq Standard 102. leffectNe 151 January 20161 a5 fflOdIfd by FRS 102 SORP Iststernent of Recomrnended Pra(Xie lor Accounting and Rewrting by Chantiesl 2019. applie2blÈ to all accounting period6 bgginniry on or afttr 1st January 20191. (Tha SORPI, publish8d by charity Commission In England & Wales ICCEW and under the histoal cost convent'on and ihe accounting policies sel out on page 17. R••pte¥t fe•pon•lbllltOe• of th• Tnt••• and Indwind•nt ExamSn•r and the b••l• of th• report Ai denbea on p8ge 9. you. Ih8 ctharitsbK8 L7)mponYs TILt5ts, af• Also th8 Dif8Ctors of the Cornpany lor the poSe5 of Company Law. are rosponsible lor the preparation ol the finanoal statement5 In acLordance with the Companie8 Act 20C6, the Gh8rib¢$ A¢t 20118nd 811 ¢ther applicable law and wth Unrted Kingdom Generalty Accepled Accounling Pradic. applicable 10 5rnall•r enti11•5. and for 19 salisfied thai the financial slalements give 8 true and fair view Thè Trustees consider thal audrt retwirernent ol Section 144111 of the Charrties Acl 20111ltt Act) dot8 not apply, and that there Is no requiremenl In the mernorandum and artides ol the charity for the wnducting of an audit. and that the accounts do nol require an a111 in accordance with Parl 18 ol the Comp8nies Act 2006 and that no member or members have reque$tgd an audrt pursuant lo Section 476 01 the Companies Act 20C6. As Iwuenc¥. the TnbBie•8 hav• •leded th•1 fin•11 $w•m•nt$ b• wbjoct to i)dopendont •xamination. Having SAlisfied mysdf th81 the finanoal 8talwrni$ ar• not rUIred lo be audrted undor any 81 provi8ion. or otheISe, and are digible for ind¢pend¢nt examinth"on. il is my respKJnsibilty to.- al examine the financ1 8talern¢nl• ol the charity undor Sec¢ion 145 of the Act". bl follow the appliCae procedure8 in thè Dirtyn8 gr¥M by tho Chanty CommSn seron 14515llbl of the Act. 8a¥l• ol Ind•p•rtd•nt Ex•mln•rf• Ststement and Jcopv of WO und•rtak•n I report In SpeCt ol my examination olthè ehanty's fin8nc181 st81ements c8ffied Llut under 3145 of the Act In ¢8rrying out my txamination. I have followed all the apKable DireLlitsns given by the Charty Commission undèr 58Clion 14515llbl ol the Act setting out the dube5 of an Indwndeni •xaminer In relation to the Condtira of an indèponO•ni examinalign. An ind•p•ndgnt •x4mingtK)n Iftlud•$ • r•vw of th ac¢ounlin9 r•cord8 k•pt by the charitable rnpanY and of the acCntIng systems ernployed by the charilable cornpany and c¢mpanson of tho financial slalemenls poseniéd wrth those records. It also Indudes consKleration of any unusual Items or disdosures In the finanryal ¥lat¢mtnt$, aThJ soèking explanations from you, as Trustees. neIng such matters The purpose of the examinah.on 18 to estsbli5h a5 far a5 possible th8t Ih6r• have been no breoches of charty leg1318lion that. on a lest b&&s ol evideTr vant to the arnounts and 4iKlosure8 made, the finanryal st3tern•nt$ compty wrth the SORP The procedures undertakeft do not provKle all Ihe evIderA that wouhl té rÈquir•d in an audif. 8nd infomiatlon sup1* by the Trustees in the CAwf5e of the examinatiofi is YKX subjected lo audit te$t$ or enquiries 8nd does not cover all the matters that an auditor would conshltr in arriving at an opinK)n The planning and conduct of an audit goes beyond Ihe lsmiled assurance Ihat an wwjependenl examinalKJn can provide Consequentty. I do not express an audit opinion on the Ywi given by the financial stat•menis, and In particular, l express no opinion as to whether the finanual slatements gNe 8 tNe and frair view of the affairs ol the charity, and my report Is Ilmlted to Ihe matter¥ Set out in the sIHtetnEnl bdLW. io
I planned and performed my exarninalion so as to satisfy myself Ihat the objectives of the independent examination a achieved and belts finalisirrfJ the report l Obtai[{j written assurances fiom the Tru$lees of all material matters. Independent Examiners Statemen( Report and Opinion Subject lo the Iimrtations upth) the score ol my work as detai above. I have compkled my examination." and rAn confirm Ihat".- The aceounts of this tharitablè eeffjpany ara not Mquir•d to audit•d undef Part 16 of the Companies A 2006". This is a roport In roSPOCt of an examinatv)n carried ¢yJt und•r 145 of thè Ad and in accordan¢x with OirectiOn6 given ty Ihe Ch8rity C(xnmission undèi s8cbon 14515llbl of th8 Act whith may be applicabl&." and that M matèrial mattars hav• ceffie lo my att•nkn in conn•dion wth lh• exomination oiving rn• e8Uiè to believe that In any rnaterial resped.- accountino re¢ord3 kntre not kept in respect of thanty as required ty 386 ofthe Comp8nie8 Acl 2( and Secbon 130 of The ChaN$ Act 2011.. the finanrJal $tslemen18 do not accKJril with tISe recrydj., Ihe financial stalernenls do not compty th the app1Kats rnquirèment5 conceming thè lorn and wntent of accounts sel out In 6ectK)n 3 01 the Companies Ad 20Cfj other ¢han any requirement thai the a¢unt$ glvt 8'iru¢ fabr vitrw. whith 18 nol a matter conBbJernd as part of an Ind8p8nd8nl exarninatson., have not been prepared in accordance with the m8thohJs PrinUF4e5 sel crtrt in the FRS 102 SORP Istgternonl ol Recornrnended Praclice for Ac£wntlThJ 8nd Reporting by Chari¥ 2019. applicable lo 811 accountjng periods beginning on or after Isi January 20191. (T SORPI I h8v# no eonceins and hav• come a(yoss no oltsr molleryJ in oneC110n with Ihe examination lo which o¢t?nlion should btr drawn in this report in order to engble a proper und¢r8tanding of the financial $latementJ lo b• r•acheé. $1gn•d".. Tra Lew Bowmen . Independont Exominor Association of Accounting Te(*nician 3 Bonnig Grove Byers Green Spennymoor County Duthom DL16 7QH This report was 5wned on V May 2023 li
FUTURE LEISURE IN COXHOE (FLIC) - Statement of Financial Activities for the year ended 31 December 2022 Statement of Financial Activities (including the Income and Expenditure Account for the year ended 31 December 2022. as required by the Companles A¢t 2006) ¢urrem y•ar Unrwtrfct•d Fund• Currnnt y•ar R•8trtci•d Fynd• Curr8nt year Total Funds Prior Year Tot•1 Funds SORP 2012 2022 2022 2021 In¢om• & EndOWmts Donations & Logaa8s A1 11.805 261.598 27.270 311 11,805 261,598 27,270 311 8,38B 79.708 186.108 17.904 Oth8r trgdino a¢)¥ili¢s Investments Oth•r A3 AS 40.904 Totsl In¢om• 309 172 309 172 304.627 Exp•ndltur• on.. Raising funds charit8e actt¥ities B1 82 22.761 287.851 22,701 287.851 13,431 254.975 Total •xp•ndltur• 310812 310812 N•t Incom•l•xndItur• lor th• ygar 11,4401 11.4401 36,221 Incomgll¢xpendityr• aftor tr#n8f•rn 11,4401 11.4401 36,221 N•t mov•m•nt In fun 11.4401 11,4401 36,221 R•¢on¢lll•tlon of fvnd•'.- Total fund• brought loThYard 210.218 210,218 173,995 Tol•l fund• urrf•d lor*ard 210 218 Th•'SORP Ref Indicated abcwe is the dassification of irce Set crt in ihe formal SORP doDJment5. As qUId by paragraph 4 60 ofthe SORP. the Whl foThMrd and carried forward funds above have been a9reed to the Bance Sheet A Statement of Total Recognised GOI and Losses 0 88 8 primary 8tatemenl in the8e a(Unt. All the pnor year transactions were unre5lrted rterns. #nd rb) lurfher 8natyw roquirod All activites derwe from contsnuing operations The note8 attached on pagts 17 to 34 fomi an intsgral part of th# account•. 12
ststement of Total Recogni¥ed G•in¥ and Losse¥ for the ye•r ended 31 December 2022 2022 2021 Surplus for the y•ar:. Net exc9$5 of income over gxpenditure frorn op8rations b8for8 tax Realised gain8lllossesl on the disposal of tangible fixed a5set5 R¢alis8d gains on di8posais of social inv•stmwts which arn wgrammo rwat•d 11.4401 36,221 Incom• from OptIonS belore tax In th• St•t•mont of Fin•nci•l A¢ti¥ite¥ 11,4401 36,221 N•t Mo¥gm•nt in fvnd b•f¢r• tax•tfj¢n 11.4401 36,221 Funds 9•rr•t•d In th• y••r•• •hown on Stst•m•nt ol Fln•n¢i•l Actsvitl 36.221 The noto8 attaeh•d on pagfr8 17 to 34 forni an Integral part of these account•. FUTURE LEISURE IN COXHOE IFLICI- Resources applled In the year endèd 31 De¢ember 2022 towards fixed assets for Charlty USO',- 2022 2021 Funds generoied In Ihe year 85 detailed in SOFA Re60urces applied on lunctional fu•d 888•ts Oth¢r opplications ol frjnds 11.4401 129,8891 36,221 N•t r•8ourc•* avallable to fund ch•rltsbl• •Gtlvttl•i The resources appl on fixed •ss•ts for chaiity use rwe8enl8 the co8101 addrtioThJ lejs proceeds of any di8P08alB. The not•• attach on p•9v 17 to 34 lorm an Sntsgr•l part of th•8• •¢¢ount•. 13
Movements in revenue and ¢apitsl fund$ for the year ended 31 December 2022 Revenue accumulated funds Unr•¥ldGt• Total year Tolal Fund• FurK Fund• Fund 202 2022 3022 2021 A¢¢umulatd fund$ brougm forward 210,216 210.216 173,995 Recognised gains and kJs8es bel transf•r8 1.440 36.221 208.776 200.776 210,218 Clo•lng r•v•nu• lund• 208 776 210 216 LJ•t Yur Total Fund• Summary of lund• Unr••trl¢t•d A•¢t• Tot•1 Fund• Fund• 3022 1022 2022 2021 Revenue aceumulted n¢J8 208,776 210,216 Th• not •tt•¢h•d on p•g•8 17 to 34 forni an int•gr•l part of th•8¢ •ccount*. 14
FUTURE LEISURE IN COXHOE {FLICI Income and Expenditure Account forthe yearended 31 December 2022 as requlr•d by the Companies Act 2006 2022 2021 Incom• Income trorn operaikjns 3rxi.473 283.720 In¥trneDt incorne and int•re8t Inte$t re¢eNable Other op•raiing Incom• 311 8.388 40,904 Gr$ In¢¢yn• In thè y•ar b•forn •xc•ptfional It•m• 309,172 245,676 Exeèptltrnl Itom•.' Realised gains on disp05aLq of tsThJilJe fixed assets Ild fty Ihe ¢h#rity'$ ¢)wn Gr Ine¢)m• In th• y•ar Includono axe•011 It•m• 304 627 E¥pendltui• Charitable expenditure, excludin9 d81K•c1th aTrJ amoitilatn Depreciation and amortisation Fundraising COSt$ Governance cosls Inlere51 payabl• 2e3.235 22.971 22.761 1.$00 145 228,329 27,301 13,431 1,21X) 145 Total •xp•ndltur• In th• y••r 310612 N•t incom• b•for• tsx In th• fln•ncl•l y••r 11,4401 36,221 Tax on surplus on c¥dinary aclvfo8S N•t Incom• •ft•r t•x th• fln•n¢lal yor 11.4401 36.221 Retln•d ¥urplu$ for tho financlal yoar All aelivilies derive from continuing operalions In accordance with the provisiorn of the Companw Ad 2Lr6. Ihe headings and ¥ubh¢ading¥ u¥gd in the Income and Expondrtuf• account have been adapled to llect the stwal nature of the charrty'S 8CtNltie$. The notes attached on pages 17 to 34 form an integAI part of th•8e account8. 15
l)oc ID.. 78dc3127e98ac24b90797ed3bf0b185c90eed805
FUTURE LEISURE IN COXtrtOE IFUCI Ltd NOTES TO THE ACCOUNTS YEAR ENDED 31" DECEMBER 2022 1 Accounting policie• Poli¢i•s rolating to tho production of the accounts. Ba$1$ ol preparatfjon and c¢ountlng Convontton The accounts have been pryred on the actwals b"s. under the historirAI a>st convention. and in accordance the FinaTKial RewJrtitYJ Standard 102. (effective 1s1 January 20161 and 'FRS 102 SORP Isiatement of RecoMmeJed Practice lor Accounbng 8nd Reporting by Chariliesl 2015, las amended by the Bullelin issued in October 2018 and apWic4ble lo all accounting Penods beginning on or after 1st January 20191. IThe SORPI, published by the Charity Cornrnission in England & WaS ICCEW) . effective January 2016, and In accordarKe all applicalme 14 In the ¢hanty's iunsdicbon of registration. except that the charity has pr8p8r8d th8 finanu81 statements in accor¢Jance with the FRS 102 SORP Istaièment of R•eornm8nded Pract for AUntirrfj and Reporting by Chantie81 2015. la8 amended ty the BUllen Issued In October 2018 and 8pplicable to all accounting penods beginninq on or after 1st January 20191, IThe SORPI. In preference lo the previou3 SORP. the SORP 2tJ)5, whh hès b••n withdrawn. nolStanding Ihe tsct that the ext8nt Jl8lutory regulati8, the Charities IAcciJunts and Report81 Regul91n5 2CQ8 refer explicrtly to Ihe SORP 2005. Thi8 has been done to accord with turytnt best pradice Oolno ConG•m The ¢harrtable 8ai¥iti$ are endent on trading rev•nu8s as w811 as granl aid gnd voluntary donations. A$ ¥ ¢onsoqu¢n¢¢. tho going eonc8rn basis Is dapondgni cffi tho fvtur8 flow ol Ih•s8 unc8rtain funding siraams. Accordingly, the Trustees have obtained forecasts and. after wiewng the finanoal forecasts for future period8 to 31 D¢¢•mr 2022. the TfU8tees are satisfied thal. 8t the lime of apprwing the financial $talemenls. il Is appropriate to adopt the going corKem baws In prep8nng the finanoal stalerngnl$. Other than these malterj, the TnJsiee8 are mi aware ol any malenal uncertntses about Ihe charbty'8 abimty to contsnue as a going ry)ncem Rl$k• and futur• 8gumptlon8 The charty 18 a putAK benefft entty. 17
FUTURE LEISURE IN COXHOE IFLICI Ltd NOTES TO THE ACCOUNTS YEAR ENDED 31 DECEM8ER 2022 Policies relating to Cat0gorf oflncom• and Income Kgcognltlon. Natur¢ of In¢om• Gross incorne represen1$ the value. nel of value added tax and discounts, gf good? provided to customers and work carritrj out Iii respuci of stivictrs pi(NidNJ lu w¥lvirwrtt. Cat•o0rf•8 of Incorn• Income Is categori$ed as iom• frcffn •xtharge transaction5 Iconlract income) and irKome from non-8xchange transath'ons19iftsl. investment income and ot1 irm. Incom• from •xchangè tranuctionl Is r8Li¥ed by the charity for gcods or Services supplied und8r contract or where elltillornenl 16 subject lo fulfilling perfornance rolated condition8. Thg In¢orn¢ the Charity re¢ives is approxirnately equal in value lo the goods or serv$ Suppl by the to the purtha5er. Ineom• Irom i non4xchAftp• tsanaaction Is where the chanty reNe8 value from the donor without providing equal value in exchar4J8, and indJe8 donaltrM$ of morw, go)ds •nd fr••ly 9iv•n wrthout giving equal value in exchange. In¢om• rgcognltlon Inrne. whether from excharpe or rKsn-exchan9e IransactKJn8. is recognised in Ihe s18tement of financial 8¢livil& ISOFAI on 8 receivable basis. when o Iransacbon or other evenl results in an I88$e In the charity's ass•t$ 018 reduction in ils liabili1$ and onty when the charily has I1 enlillemenl. the irOrne is probable 8nd can b8 m•asured relrdbly. Income subiecl to lem)$ and condib.ons whth musl te met belore the charity 58 enlitl8d lo th8 m8oure•8 Is not r8cogn16ed until the condrtions have bn mot. All inCMe 16 Kojunled for gro8B, before deduct any rdated fo96 or costs. 18
FUTURE LEISURE IN COXHOE IFLICI Ltd NOTE5 TO THE ACCOUNT5 YEAR ENDED 31" DECEMBER 2022 A¢¢ounting for d•f•fr•d ineom and incom• rnc•iv•d in advan Whero temis and c0ndrtis relating to irwne have nol been met or uncertainty exists as lo whether the charrty can meet any ierrn5 or condrtions Olhetwise wilhin its CC¥)trd, Income is noi recognised bul is defetted as a liability until it is Pfobable that the lerrns or condith)ns impwd can be fflet. Any grant Ihal is subject lo perforrnance-reloled coTrdi1?Th$ reNed in adva of delNering the gocKls and servi required by that condition. or is 5ubiecl to unrnet CLdi"0n5 wholly OLrtSKle control of the recip4enl charity, 1$ accounleé loi as a lbilty and shown on the balance thl as defer income. Deferred income is releasèd to Income In the reportin9 pefiod in whKh the perfomionce-relole<l or her con(liiKJns ihal Iimii recognition are mel. en incorne Irom a grant or donation has not be rwnised due lo ts condilions apptying to the gift not being wholly wlthin the control of the reaF4ent charity. rt is di8do8ed as a ttffjtiryenl 85set if receipt of the grant or donation 18 proba8 onc those con¢Jthns are rnet. ere tsme related c0ndrtiS are Imp06ed or implied by a fvnder. then the Inc(Jme Is apportioned to the time periods concemed, and. where applicable, is accounled lor 85 a liabilty and shown the tMlance sheet 8s deferred income. en grants are received in advancè ol thè •xnditUre on the actNrty lund8d by Ih•m, but thare gre no sp8ufic limè related conditions, then th8 Incom is not d•l8rrod. Any condition Ihal allows for Ihe recovery by Ihe dow of any unexpended part of a grBnt does not prevenl recognition ol th• Incomo conc8med. but a Ikgbdify to any repayrnent 18 re¢i)2Thi$ed repayment be¢on$ piobable Volunts•rn In ac¢¢rd8nea with th8 SORP. and In recogni1n of the drflttleS In plaryng a rnonetary value On the ntribUtIOn from Yolunteor¥. th¢ Contribthn of vdunleers is not induded within Ihe income of the chanty. However, Ihe Iru5t••s Val lh• •ignthcnt contnt¥Jtion made to the aciNitie8 of the chanty by unpad voluntoers and Ihls Is descrfbed more fully In Nole 7. Pollcios relating to assets. Ilabllltles and provlsions and oth•rmatt•rn. T8nglble flx•d•ss•ts Tangible fixed assels are measured at their original cosi valutr. or subseqLnl revaluation. or if donated, a8 described above. C051 valuo indudes all costs expended irs bringing avael Into its intended working condition. Depreciation h8s been provided al the lolbwng rates in order to wrilg gff the 8¥8ds 19 thgir anticipatèd r88idual valu8 o¥er Iheir eslirnated u5elul INe5. Alteration5 Gym EquIwnt 3G Pitch Office Equipment 10yrs sy 1Qtyr5 3yr5 slrnwjht line straKJht line straKJht line stravJht line 19
FUTURE LEISURE IN COXHOE IFLICI Ltd NOTES TO THE ACCOUNTS YEAR ENDED 31" OECEMBER 2022 Aeeountlng lor eapltsl yrants and fixed ••s•t fun(l•. Gift8 of tangible fixed a8stsiJ or grants of 8 caprtal natufe. gNn lof ittt pu08 of aequinng apecrfic a38et3 to be fulty utilised In Ihe lurtherance of the objects of the chanty, are credited lo fixed 0$3el Iwls after Ihe donated 888el has been re¢¢ived or $ums have been propeily expended on the $t[led puSe. ere the terms olthe 9rf1 require the tharity to hold the asset on an basis for a speofic purpose. then the fixed as1 lund so crealed is calegorised as a rest18& fixed asset fvnd, and the le¥•Trt restrKtions are noted in the fixed asset nole 12 Where th& temis olth& grfl are m6t onc• tho as66t 18 acquir&J. 80 allcthirrtJ the chanty to use the asset on an unrestnded b8818, Induding the ngm 10 rvAve the proceeds of any fiJIU sale of the asset on 8n unreslncted bosis, then the fixed 88sel fund 80 U88led Is >egorised as 8 designated fixed asset fijnd en a$set$ are ac4uired for Ihe frjrtherance ol Ihe thariws object8. UtilisiTrd the charity's unreStred fiJnd6 transfer is mad• from unreslrided fvThJs to 8 designated re as8el fvnd Whether acquirgd wrth unrestrict•d or feslricted funds. the assel acquired ts Inrtkq1 shown in the balance sheel at the full cost ol acquisi1 or wb••4uonl I•v•ht. As the relaied as581s ar8 depr?chaiod. In ac¢oroanc& wllh Ihe oepreuaiJn poiicy,In oroer 10 reflect Ine oimuniiion In the asset,a Iransler IJ mède from the felev8nt fixed asset fvnds to erther unrestricted or restricted revenue fund6, a6 appropriat• 10 th• lém ol Ihe Original gift. il any The effect ol Ihls policy * Ihat the aggregate of all fixed asset hJndB shall equate lo Ihe ngl book valug of fixed assets. In the firsi year that this polw was adcytgd, • transf•r to fixod ass•t frJnd6 was mad• 8quival•nt to th• net book v8lu• ol the assets. Any ra&dual liatslity lo the dwJr arisiThJ frryn. for exam, awf• fvtuo s•1•, 1$ di0#d as a conts.nynl liability unl¥$$ th¢ ¢v8nt thal trigr r•paymenl of lh• 9r•nl tyckn•iY• in wh¢h u•• • li•bility for rep8ymenl is rewgn15èd. Inwfar as this pollcy mlaie8 10 Govemmeni granlg and to extent thal it may be a departure trorn the FRS 102 SORP Iststement of Recommended Praaice for Acts)unbng an¢J Reportin9 by Ch8ritVè812015, 186 amended by Ih? Bulletin Issued In Oclober 2016 ond apr4icable to all accouning penods beginning on or after 151 January 20191. (The SORPI, such departure 18 jU$tffied on the b83is thal it i¥ in Ofder to comply wrth Ihe SORP. Stock• and work In progrg Stock is valued at the lower of cosl and net wli¥abl¢ value. Oebtorn Debtors are measured at th1 recov•rae amounts at the tsalan shee¢ date. Financiol in*truments including ch and bank balance• Cash held by the thanty Is Ied at the amount actually held and counted at the year end. Bank balarKes, whether in credit or overdrawn, are shown at the amounts pryrly reconciled to the bank 51aternent5 20
FUTURE LEISURE IN COXHOE {FLiCI Ltd NOTES TO THE ACCOUNTS YEAR ENDED 31" DECEMBER 20ZZ Leo5in9 and hlre purchase contrncts and commibnents A$8ets held under finan¢¢ base8 and hire pur¢ha8e ¢trs. whth are those where 5ubstantKally all the risks and rewards of ownership of the assel have passed lo the charity. are capitalised In th¢ balance sheet 8nd depreciated over their usefvl INes. The ojrrespondina kase or hifè purthaso tsbligation is treated in Ihe balar Sheet a$ alobilty. The interest element ol Ihe rental obly1 is tharged to ths profft aThJ loss thnt over the period of Ihe lease and represents a constant proportion ofth• baLanc ofeapt81 rwm•nts outstsndiry. Rent816 paid under operating bases affj tharpj lo intr)me on a 8traMJht line bass over the 5ease lami. P•n¥lon¥ . d•flned ¢ontrll)utlon •Glwm Th• Charity oporales a d•finod ¢ontributs"on pension sch•m•. Cofitributions ar• tharged to the profit and IoB8 account as they become payable in accordarte with th8 rules of th8 sch8ft. Fund A¢¢ountlng Unresiricteil fundl aT• w¥ll•bb f¢r ot tho diwgtv)n olthg Irb furth•r¥nc• of the general obiecuves of the charity. Th8r• af• no d•sign&t•d fund$ R¢8tri¢tg(I fun4$ ore $ubiected to restrtn4 on thair 8XP8ndrtur8 knpgwd by th? donor or throu9h th? ierm$ of an aFp8al or 8$ implwd by law. There are no •ThJowment hJnds. 2 Llabillty to taxation The Trusiees consider that Its charity 6alisfies tho tests 601 Wl in Paragraph I schedu 8 of the Finance Act 2010 for UK corDoraiion tax Durooses Attordinolv. Ihe Chanfy is polenliallv exemoi from la*aiion In resoect of Inco or capital gains receryed 4Yrthin categones Cove by chapter 3 part 11 of the Corporation Tax Act 2010 or SectKJn 256 of the Taxation of CharGeable Gains Act 1992. lo the extent Ihal such IncA)me or gains are applied exclusive on the $peaf chanlable obRd$ of the thgrty and lor rK) Olher purpo8e Value Added Tax 15 not recoverable by Ihe charty. and 1$ Iherefore I1led in the re¥&nI costs in Ihe Stalemenl of Finana81 Activities 3 Wlndlng up or dlssolutlon of the charlty If ¥ndIng up or d1sso1Lrt ofth8 thanty Ihere remain any a88et8. after Ihe $ab&laction of all debts and liabilitios, the assets represented by aCmUla fund shal be transfarrnd to somè olhei tharitab18 body or bodies having 8imilar objects to the chanty. 21
FUTURE LEISURE IN COXHOE IFLiC} Ltd NOTES TO THE ACCOUNTS YEAR ENDED 31" DECEMBER 2022 Slgnlficanee ol Ilnanclal Instruments to th• chaflty's 4 posltSon A financial asset or a fin8¢wial liats.lrty is recognothl the ¢h8nty bets)rna a party lo the contractual provisions of the instrument Basic financial inslrurn¢nts are inibaty recogni¥ed at the amount recer¥8tAe or payatHe induding any related transathon costs Currènt assets and cutrant liabilrfyes ar• sth0qnuY m•asurnd at the cash or Other conwderatson expected lo be palé or recewed and noi dIscnie D•bt inslrum•nts ar• SUbSeqnIty m•asuf8d al nortised cosl. S Net 8urplus bOre tax In the flnanclal year 2022 2021 Th8 Mi surplu$ lOr+ tax in lh• finan y•ar is l•d aft charging".- Dp.all1)lI ol fi¥•d 888•ts O•precaots'on of 8SSets hdd undgr Ilnanco anLI hlrg wrthass o)ntr3cts Pension ¢o$ts 22.305 28,£35 666 1023 6 Intsre8t payable 2022 2021 Hif• Ptsrcha int•r88t 145 145 7 Th• contribution ol volunt••rn The thanty 1$ 9r81fvl for the 8UPPOrt of it8 vdunl88rs. whith Is rnuth apprated. The chanty had 32 volunteers who donated 220 hours of their time stewardirnJ evenls and tNJilding maintenance. It is estimated thai wthout the help ol vdunleerB, the Trail Run in Septerntser byould Twd lo find tl equivalenl of over £1200 10 obtain 5ifflil¥r setviGe$. The arrangernenls wth VUnte*rs are ¢JifficuN to value preosely In rnonelary temis and have not t)een recognised In the Ststernent ol Finanaal ActNlties. The volunteers and the chanty accept and agree that no contract of employment 18 treated by lh 0tyonp8ments. 22
FUTURE LEISURE IN COXHOE IFLICI Ltd NOTES TO THE ACCOUNTS YEAR ENDED 31° DECEMBER 2022 8 Staff costs and •moluments S•l•ry ¢osts 2022 2021 Gross Salaries exduding trvslees and key managernent Penn81 ErnoyerS National Insurance lor all siatt Employers operating costs oldefird contnbuts.on pe1 Ktsmes 152.493 140,265 5,087 1.023 Totsl JalArf•#. waots and r•lat•d 158,920 146.361 Th8 av8iag• numb8r of part lime slaff ernployed in the year was Thé average number of fullbme staff ernpbyed In thg ygar was The eslimaled full tirne equivalent number of all $talT empwed In Ihe year was 14 14 Th• 8$tlrnaled equlvahnt number ollull tim• $t•ff d•pk+y•d In dlll•r•n¢ •¢lIviti in lh• y¢•r w•s.'. Engag8d on tharita 8Clivrties Engaged on publicity acti¥ili•i Engaged on fvndraising aaivits•S Engaged on managément and adMintraI Th• tIMatI lull tiffl• •qufv•l•rttnumb•rol•ll st•ff •mployod a¥ •bov• 13 13 14 14 Neither the tru51ee¥ nr •ny prsons connected wlh them have 1ved ary rwnunerafr'on from the Chadty or any rolaied •ntity. eilher in the current or pnor y•ar No employees recewed emoluments lexcluding penn cost8} In excss of £60,L)JO por 8nnurn Dgfined conlributlon p•n•lon •ch•m• The d)arity op•rates 8 defined cOnth"Ixkn" perAwJn Ihe costs are shown above, Any liabilibe8 8nd assots assocwled th& 8¢h•ne ar• shw und8r dabtors and creditc8. 10 R•muneration and yyments to Truste and pernonl conn•ct¢d wrth th•m No trustees or per5Cm ck)nnected wrth them recwvgd any remunet8tKJn from the charrty. or any related entty. 23
FUTURE LEISURE IN COXHOE IFLICI Ltd NOTE5 TO THE ACCOUNTS YEAR ENDED 31" DECEMBER 2022 Oeferred income - Unre8tricted and Designated fund$ Current Year Real Re[¥¢d Detsrrod D8lerr8d tyMr •ty8ar •nd •nd pvior r•ha••d ih yAr AAP grant 20,00) 20,000 Totsl 20.OQ) 20.OCpJ 2022 2021 Th••• d•rTaI¥ •rg In¢lud•d In ¢rgdltor• Prlor Year Op•filno R•l•M•d Rrt•lv•d O•f•rr•d O•f•rr•d prfor r•lu¥•d •nd •nd Yrn In y•ar Total 2021 2020 T•8 d•f•rrnl• •rn In¢lu(l•d In ¢r•dltOf• 0.048 24
FUTURE LEISURE IN COXHOE IFLICI Ltd NOTES TO THE ACCOUNT5 YEAR ENDED 31. DECEMBER 2022 12 Tanglble flxed as¥elB Alt•rats"oM. Fi¥ure• & Fitbng¥ Curr•nt Yo•r Gym Equlpment 3G Office Equipm•nt Totsl Co•t At 1 January 2022 Additions 132.146 12,172 69.518 17.218 49.883 7.989 259.534 499 29.889 D15P05als At 31 O•cemb•r 2022 144.318 8 488 289 423 Deprvciation At 1 January 2022 Charge for the year On disposals 1CA),242 6,435 50.321 11.160 39.>)5 4,988 7,768 198,236 22,971 At 31 D•¢•mb•r 2022 106.077 81.461 44,893 8 156 221,207 Net book value At 31 O•c•mb•r 2022 37,641 25.253 332 At 31 D•c•mb•r 2021 19.190 221 N•t book v•lu• ol•u•ts in¢lu¢l•d •bov• which w•r• furtd•d by rnstrtet•d furtd •nd wh•r• rh• charlty Is r•qulred undgr the 18mis ol lh• glft to hold the asset on an ongolng bas15. 2022 2021 Total of a88ets lund•d by re8tri¢t8d fund8 20.148 N•t book value of pl¥nL m•¢hingry nd v•hicl•* und•r financ• l•a••8 and hlf• purchas• contracts In¢lud•d abov•: 28,863 2022 2021 Total ol assets heK1 under finance1&8Bes 1,332 1,998 25
FUTURE LEISURE IN COXHOE IFLICI Ltd NOTES TO THE ACCOUNTS YEAR ENDED 31" OECEMBER 2022 13 Stocks & Work in Progress 2022 2021 o¢ks before vnite dtrvns 3,875 3,937 3.875 Anfysls ofth• e*rrylng v•lu• ofstoek$ 4nd wortr In pro9rw by•¢ttvlU bvorfr In Progr•s$ 2022 2021 Stocks 2022 2021 Aetivlty Primary puw and antillary trading1 3.875 3.937 14 D•btorn 2022 2021 Trad• debtor8 Prep8yrnents and accruod inctMn• 1,415 8,137 1.672 949 9,852 15 Credltorn.. amounts fallln9 due wlthln one 2022 2021 Trade ¢yedilors Arxwals D8ferred Incorne- Unréstricted & d•siy)ated lunds Finance ieose ond HP contrac18 PAYE, NIC VAT an¢J other laxeB h¥r ¢redrtors 2,388 6,078 1.927 5.209 SJJ 1,100 Defined cOntrUOn pension 6cheme li8"19 due year 485 Total 31,917 9,283 16 Crgditors: amounts falling duè aft•r on• year 2022 2021 Finance kase and HP o)ntract8 Sog 1,064 26
FUTURE LEISURE IN COXHOE {FLiCI Ltd NOTES TO THE ACCOUNT5 YEAR ENDED 31" DECEMBER 2022 17 Income and Expendlture account summary 2022 2021 At l January 2022 Surplus after tax lor the year 210.218 11,4401 173,995 36,221 At 31 D•¢$mr 2022 210216 18 No r•lated party trnn•actlon• Thar• wef• no trartsactions related parb"e8 in the year. 19 Partlculars of how partl¢ul•r funds arn rnpm•nted by a8•ts and Ilabllltl•s At 31 D•c•mb•r 2022 Unrwtrtct•d DMl9rwt• fund• R•¥trl¢t•¢l TOI•1 Fund• TOt•i Fund¥ Tangible Fixed As5è1$ Current A5S•IS Current Liabilitie• Long Term LKgbilAieB 88.218 152.986 111.9171 {5091 88,216 68,216 172,986 172,98e 131,9171 131,9171 IJ091 15091 20,(h)) 120,C(£)I 208 776 208,778 208,776 At 1 J•nu•ry 2022 Unr••trict•d 0•81gn•t•d RHtrtci•d T4x•I Fund Totsl Fuhd• nd¥ Tangible Fixed Assots Current Ao¥et¥ Current Liabilit¥ Long Tern Liabilrties 61.298 159.268 (9,2841 11.0641 61,298 61,29B 489.288 ISY,268 19,2841 19,2841 11,0641 11,0641 210.216 210,216 210 216 27
FUTURE LEISURE IN COXHOE IFLICI Ltd NOTES TO THE ACCOUNTS YEAR ENDED 31" DECEMBER 2022 20. Fund Movgmgnts Balance at1 January 2022 Incoming resourc Outgoing resourc Tran8fern betsveèn fund8 Balance at 31 D•e•mb•r 2022 nr DonalionslGranls 11.605 111.6051 General fiJnds 210,216 297.567 1310.6121 11,605 208,776 210,216 309.172 310,6121 208.776 TOTAL FUNDS 210,216 309.172 1310,6121 20B,778 The purposeB lor whlch th• funds as detailed In not• 19 are held by th• charlty are:. Unrestriet•d•nd d•slgn•t•d lunds.-. These lund$ a held for the meeting th¢ objective8 of the eharily, and lo provNJe reser for fvture ad1vill, and, subio¢t 10 charity logiallon. arn from 811 restnthon8 on th•r usè. Thi5 fijnd repre5enlS thè unr•ithetad 8urplui ariiing on the r•v8luatbn of ihe tharlty's assets. The purpose of thes• fund8 Is ¢Joscribed under the Kcounlin9 policy 'A¢counisrrfJ lor captal grants and fixed assel funds,. Unr•8lriet•d Rev•nue Fund8 Unrestncted Revaluatm Re8¢N• Desi9naled Fixed A$t Funds Restrl¢t•d funds... Restr¢ied FrA¢d Ass•t Fund5 Thg puwg olthese fund6 IB described under the accounting poli 'Accounting for caprtal grants bnd fxtsd bsset fund8'. This fund presents Ihe restricted ¥urpluJ arkBing on the r¢v¥lu¥lion th8 ¢hanty's assets. Re8trded Re¥aluatieffj Reserye uitimatt controlling party Th• charity is untl8r Ihe cornrd of rts legal mernter¥. Every nrner of the chaTty is oblvJed to contiibut• such any)unt as may be requireil not exceeding £1 to the assets of the company In the event of its being wound up while or she is a member. or wthin one year after he or she ceases to bg a m9rnL*r. 28
FUTURE LEISURE IN COXHOE {FLICI Ltd NOTES TO THE ACCOUNTS YEAR ENDED 31" DECEMBER 2022 21 Oonations, Grants and Legacies Curyent year Restrictsd Fundj Curr•nt yMr Total Fundl Prior Y••r rotsl Fund$ 2021 Current y•ar Fun(h 2022 2022 2022 Donation8 and gifts from individu•L Small don•tvJn¥ indi¥lualty less than £10 1.960 Totsl donation• and gift• from individual 1.605 1,960 CuiY•nt y•ar RKthct•tt Funds 2022 Curr•nt y•4r Totsi Fund¥ 2022 Prlor Y•ar Total Fund 2021 ¢urrnTrt ymr Unrn•m¢i•d Funds 2022 Revenue grant• Irw g¢)vgrnmgnt ¥nd publ1¢ bodl HMRC Cofonavirus Job Rel¢nbon Sclwm• Ourham Gounty Councl- C¢vK119 41,159 36,589 Tot•1 publ1¢ ••¢tor r•v•nu• or•nt• Curr•nt y•ar R•svict•d Fund• Curr•nt yéar Totsi Fund• 2022 Prior Year Curr•nt y•ar Unrwtrlct• Fund• Fundi 2021 2022 2022 ft?vgnu• gr¥nts •nd d¢n•Won• Irom non publlc bodlo• Coxhoe Poilsh Counc41 10.CQ) 10.000 T4)tsl prtvt• vctor r•v•nu• grant• R•¥•nu• grnnt• and don•tlon• frvm non Pul1¢ bodlm Ilnelud• Glft Ald don•tlon• from •ub•ldl•rl••l Y•ar analy•l8 Prlor Prfor Year Totsl Fund• ?o?I Prfor Yr Prior Yo•r Re¥lrlct•d 2021 20?1 Prlor yèar Tolal Donations, Grants and L?gaci88 A1 Curf•ftt Y•ar Total Funds Prfor Yaar Total Funds Vnrtttricthd R•Btrfet•d lundi Current Year 2022 2022 2022 2021 11.605 Prior yfrar Totsl fund$ Llnr•8trlthd Fund RoStrlcted Funds Prior year 2021 2021 2021 T¢)tsl Donations, Grants and Legacies A1 79,708 79,708 29
FUTURE LEISURE IN COXHOE IFLICI Ltd NOTES TO THE ACCOUNTS YEAR ENDED 31" DECEMBER 2022 22 Income from charitabl• activities - Trnding Actlyities Currw yoar Curr•nt year Current year Total Fund Currentyear PrlorY•ar Total Unrg8trt4d Fund¥ A•strlet•d Fund¥ 2022 2022 2022 2021 pMary purpo•• and 4neillary dIfi9 Membernhip of cnt 129.319 129.319 85,393 F•ulity Use Sales of good8 and servic88 made provided by trRnefiriaries 117,045 117,045 65.154 15.234 15,234 15,561 Totsl Prlm•ry purpo•• •nd •ncllb•ry tradlng 261,598 281,598 188.108 23 Totsi In¢om• Irom ¢h•rii•w• •¢iiviiJ•• Curr•nt y•ar Unrn8lrf¢t•d Fun Cufrnnt y•ar RMtrt¢t•d Fund• Curr•nt y•ar To1 Fund• Prfor Y•ar Total Fund• Curr•nty••r 2022 2022 2022 20Z1 Total income frtyn Chafib Ir•ding 281.598 261,598 188.108 Total Irom chariibl• ¢llvlll•• A2 281 598 281 598 166 108 24 Incom• from other, non charltable. trndln9 •Ctrvltles Curr•nt y••r UnrnBtri¢tsd Funds Curyent y••r Rtstri¢t•d Fun Curront yo•r Total Fundb Prlor Y•ir Total Fund8 2022 2022 2022 2021 Trading 8clAIitKP8 to r8i8e Ihg tharty Income from lundraising events 21.767 21,787 11,375 5.503 5.503 6.529 Tot¥1 from othor o¢tivity A3 27,270 27,Z70 17,904 30
FUTURE LEISURE IN COXHOE IFLICI Ltd NOTES TO THE ACCOUNTS YEAR ENDED 31" OECEMBER 2022 25 Inv8slm¢nt Incomo Curront y•ar Ro6trlctod Funds ¢urrerrt y•ar Tot•1 Fund¥ Prfjor Year Total Fund• ¢urr•nty••r Fund8 2)22 2022 2022 2021 88nk Interest Re¢eNe 311 311 Tot•1 Investment Income 311 311 28 Other Income and galn• CuN•nt y•ar RHtrict•d Fund Curr1 Prlor Cuww•nt y•*r Ufir••triGt•d Fund¥ Total Fun Total Fun Curr•nt yr 2022 2022 2022 2021 Gran1• lor Appr•nt Insur8nce daims. Revenue 5,000 3.388 40,904 Totsl othgr In¢¢An• AS 8,J88 8,388 40,904 27 Exwndlture on charltable actlvltl•8- Dlrect spendlng Curr•nt y•ar RMtrfct•d CuTr•nt ymr Toial Fund• Curr•nt y1 Ure1•d Funds Prfor Yur Total Fund• CufTent Year 2022 2022 2022 2021 Gr088 wage¥ and 8alarie¥- ¢h8nt•bl¢ activities Employers, Nl - Charrtable actNitre¥ Defined contribution pension costs chanl8ble èclivilies Travel and Subsistence- Charitable Activities Repairs lo gym eqUipnnI Coache$ uniforms Equipm8nt 8xpens8S Training 152.493 182,493 140,265 5,404 5.404 5.087 1.023 1.023 1.009 41 41 1.293 25. 1.293 25,406 382 877 2,168 16,1S4 424 382 877 150 Total dlrect spending B2 186,869 166,869 165,721 31
FUTURE LEISURE IN COXHOE {FLICI Ltd NOTES TO THE ACCOUNTS YEAR ENDED 31" DECEMBER 2022 28 Support costs for charitable activitios Curnint y••r Total FundB prtor Y••r Total Funds 2021 Current y•ar U#mtri¢t•d Funds 2022 Curr•nt y•ar R•strlct•d Funds 2022 Currnnt Yèar 2022 Prem15e5 Expense5 Rates anoj water charges Light heat and power Cleaning and waste managennt Premises repairs. newa19 and maintenance Propety Insurance 1,39) 26.670 5.816 1.390 26,670 S,816 139 21,118 4,800 10,993 10.993 9.419 6.274 6,274 6,131 Admlnl$trntlv• ov•rt>•ads Telephone, fax and intemel Stationery Postage Photocopying & Printing Membership subscriptions Hire of equipment Soth¥are liconces and gxpenses Advertising and markeling Sundry exnseS Information Techno&)w PAT lesls Licences & Pemiits DBS Checks 2.257 271 2,257 271 2,162 937 205 937 205 3,358 2.190 464 61 2.096 378 60S 3,358 2.012 482 93 1,237 1,730 3,706 2,1 61 378 7.440 106 Pmf•sslon•l fo0& pald to th• Audltor or Indep•ndent Exemln•r In addltlon to audlt and examlnatlon As detailed in Note 29 7C 700 880 Profos$lonal lees paid to dvls¢>fY Oth•r than the audltororexamlner Other legal and prolessional 295 Flnanclal costs Bank charges Card machine charge & DD charges Hire Purchase Inte$1 Oepreciation & Amortisalion in lolal for the period 353 3,938 145 301 2,245 145 3.938 145 22,971 22.971 27,301 Support coit8 b•for• rnallocatlon 99,482 99,482 88,054 Total Support ¢ts- Curr•nt Yoar 99.482 99,482 88.054 The basis of allo(abon ofcosts betrfftn a¢b"vts"es 1$ dow'bad undef wunts'rng policiès All the expenditure in Ihe pnor yeaf was unrestricted The ba815 ofallocabon ts1¢ts acbvthOS is d8scrib8d under xcourfng polks 32
FUTURE LEISURE IN COXHOE (FUCI Ltd NOTES TO THE ACCOUNTS YEAR ENDEO 31" DEMBER 2022 29 Other Expendlture- Govornance costs ¢uryont y•ar Unrnstrictod Currnnt year Total Funds yo8r PrlorY••r Totsl FuTrdb Curr•nt Y Funds 2022 2022 20 2021 IndeFendenl Examiners fees 1,500 1,200 Totsl Go¥em•n ¢ts 1,500 1.$00 1.200 Professional fees pald to the Audltor orlndopendent Examlnor In •ddltlon to audlt and oxamln8tlon loos Curr• Cury•nt yr Total Fund• y••r Pdor Y•af T1 Fund• R•8tdct•d Fund• F¥nd• 2022 2022 2022 2021 F••8 p81d lo tho axamimrfs fim) 7) 700 680 Total additio1 fee• Included In lupport ¢wt• al Not• 34 71)0 700 680 33
FUTURE LEISURE IN COXHOE (FLtCI Ltd NOTES TO THE ACCOUNTS YEAR ENDED 31" DECEMBER 2022 Total Charitable •xpenditure Curr•nt y•ar Unrestri¢ted Fundl Current year RvJtricted FundA Curmnt yr Totsi Fund$ Prior Yur Total Fund8 Current Year 2021 2022 2022 2021 Total diwl spending 82a 188,869 186,869 165,721 Total support costs B2d 99,482 99.482 86,054 Total Governance costs 82• I,soo 1,200 Totsl ¢h•rttsbl¢ •xpondityro 82 287 851 287 851 All the expendrtur• in th• pri wr w¥• unie8tricled Prlor Veor TOUI Prlorymr Prlor YMr RMtrfct•(I Fund# prtor Year Fund• 2021 2021 2021 Total direct spending B2a 165.721 165,721 Total Suprort Costs 82d 88,064 Total Govemanea costs 82• 1,2Q) 1,200 Totsl ch•rltabl• •xp•ndltur• 82 254,97S 31 Expondlture on r41#lno fund• •nd co•ts of Investment m4nao•mènt Curr•nt Pflor Ymr Tot81 Funds 2021 Cur1 y••r Unr•std¢led Fund¥ Cumnt ymr Restrtcts Funds 2022 Totsl Funds 2022 Cuffent Year Refunds Cost of fvndraising activitses Fundraising trading costs Movement In stock for non primary purp05e trading 140 7.013 15.546 140 7,013 15.$46 943 4,333 8.15S 82 62 Totsl fuftdr•i¥ino ¢o•t• B1 22.761 22.761 13,431 All the expenditure in prioryear d5 unrestricted. 34
FUTURE LEISURÉ IN COXHOE IFLICI Ltd MANAGEMENT INFORMATION YEAR ENDED 31. OECEMBER 2022 The following pages do not form part of the financial statements 35
FUTiJRE LEISURE IN COXHOE IFLrCI Ltd MANAGEMENT INFORMATION YEAR ENDÉD 311t DECEMBER 2022 Detailed Statement of Financlal Artlvltles Income Memberships monthlv Facility use Vendin8 Donations Tickets DCC recharge elearlclry Interest Insurance claim Apprentlce Grant Grant5 Received Covid 19 and URS Total Income endltur Vendin8 Event5 Refunds sports equipment Salaries Employers Nl Ernployers Pension Coaches UniluTms Heat & Li8ht Water Rates Cleaning In5urante Telephone Stationery & posta8e Photocopier and Printing IT 2012 129319 117045 21767 11605 5503 15C 2021 85393 65154 11375 1960 6529 15000 Sbl 311 3388 40904 77748 304627 309172 15608 6976 140 677 152493 5404 1023 25406 382 26670 1390 5815 6274 2257 277 937 2096 11373 3358 150 2190 7440 353 3938 1293 22971 61 205 41 145 36 106 22tJ) 8155 4333 943 606 140265 5087 1009 16154 424 21118 139 46CK) 6131 2162 191 605 1237 11149 3358 Repairs and malntenance Gym equipment lease Tralnln8 software licence Liiences Bank Char8es Card Machine Charle5 &DD ¢harees Equlpment repalrs Depreciation Sundrles Subscription5 Travel Expense5 HP interest 2012 3706 301 2245 2168 27301 63 104 145 31 resource5 DBS checks Accountancy Fees Advertising Consultant Tut21 Exptndlturt Net (Expenditurelllncome 1880 482 295 268406 36221 463 310,612 114401 36
X Dropbox Sign Audit trail Thle FLIC Annual Report and Accounts Year Ended 315t December... Flle name FLIC Annual Repor...s ye 31.12.22.pdf Document ID 78dc3127e98ac24b90797ed3bfOb185c90eed805 Audit trail dat• lomi MM/DD/YYYY Statu8 • Signed Document Hlstory 0511612023 10:30.'56 UTC Sent for signature to M J LavellÈ 1mjlavèllè66@gmail.coml from trary@tlbaccountancy.co.uk $1tr4T IP: 92.4.186.119 0511612023 Viewed by M J Lavelle lmjlavelle66@gmall.coml IP.. 154.47.115.211 VIIWID 21..09..55 UTC 0511612023 Signed by M J Lavelle 1mjlavelle66@gmail.coml IP.. 154.47.115.211 SItsNe 21..10..42 UTC 0511612023 The document has been completed. ¢QMPLETE 21:10.'42 UTC PNYred by X Si