# ANNUAL REPORT **2022/2023**
“INSPIRING ACTIVE LIFESTYLES”
## Welcome
Trilogy Active Ltd. is pleased to publish its annual report for April 2022 – March 2023.
2022-23 saw Trilogy Active expand its portfolio of facilities with an agreement to manage the community use sports facilities at Thomas Becket school. This is a partnership approach ensuring the local community, sports clubs and Trilogy members benefit from the additional facilities at the school. This approach is defined by an agreement that is mutually beneficial to all parties.
Thank you to all our partners, board members, company members and the Trilogy team for making this another successful year for the organisation.
I would like to once again, thank all our Trilogy customers, Board Trustees and Company Members, our partners West Northamptonshire Council, Duston Parish Council, Northampton General Hospital, the Northampton GP Alliance, and the University of Northampton for their support.
As a self-funded Social Enterprise and not-for-profit Charity, our aim, working with our partners is to provide opportunities for people to be more active, keep active and improve the Wellbeing and Social Value of our Community.
Value of our Community. This was a positive year for our Junior Active programme, with an Our focus is to encourage Social expansion of afterschool, holiday, Change, providing opportunities pre-school, soft-play activities, and to the local population through the Trilogy Junior Academy programmes and pathways that programme. Trilogy Active was directly support four of the key also proud to win the prestigious pillars of Wellbeing, Physical, UK Active national award, Mental, Financial and Social Generation Active for the Junior Wellbeing. Active programme.
A special thank you to the Trilogy Team for all the hard work during 2022-23.
As our vision outlines our objective to ‘develop commercial activity to maximise the social impact and social value of the community we serve’. This approach ensures that we maximise our programmes to ‘Inspire Active Lifestyles’ get more people active, whilst keeping our activities and facilities accessible and affordable for all.
The annual report highlights some of the key achievements for 202223 whilst recognising the challenges Trilogy has overcome. The report outlines the success of the organisation’s business recovery and the positive outcomes this has rendered for Social Value in the Community.
John Fletcher - Managing Director
Steve Adams - Chairman
## Focus on Trilogy Active
TRILOGY MISSION ‘Inspiring Active Lifestyles’
## TRILOGY COMMITMENT
To maximise service and commercial activity to improve Social Value and Community Wellbeing.
## TRILOGY AIM
To foster working partnerships that support and develop a holistic Wellbeing Service that encourages Social Change, improves Social Value, and increases participation, whilst positively encouraging Equality, Diversity & Inclusion.
## TRILOGY VISION
To be an innovative Wellbeing organisation, developing commercial activity to maximise the social impact and social value of the organisation to provide a holistic approach to Wellbeing. A financially stable organisation with the ability to self-fund its charitable objectives, reinvest in its strategy, and leverage opportunities to enhance Wellbeing and Social Value. An organisation that celebrates and promotes Diversity.
Working with partners to offer facilities, health & wellbeing activities, and community outreach programmes accessible and affordable for all:
Mounts Baths LC, Lings Forum LC, Danes Camp LC, The Forum Cinema, Cripps Recreation Centre, Duston Sports Centre, Berzerk Soft Play Centre, Lazergeddon, Trilogy Peterborough, Thomas Becket School Sports Facilities, Northampton Parks Bookings, Belper LC and Trilogy Community Outreach Programme.
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## Trilogy Active National Recognition
## UK ACTIVE, GENERATION ACTIVE AWARD WINNERS 2022
Trilogy Active was the proud winner of the UK Active National Award, Generation Active for its Junior Active Programme which comprises of the innovative Junior Active Membership and extensive community provision.
## TRILOGY ACTIVE KEY NATIONAL POSITIONS
Trilogy Active was invited to be a member of the judging panel for the Healthy Community Award category in the national UK Active annual awards 2022 and was also invited to be an expert panel member at the national UK Active conference for the health policy workshop.
## NORTHAMPTONSHIRE BUSINESS AWARDS 2022
Trilogy Active was 2022 NBA Finalists for Charity of the Year and West Northamptonshire Business of the Year.
## LOCAL GOVERNMENT ASSOCIATION 2022
A case study has been prepared about Trilogy’s innovative approach to delivering better health outcomes for communities. The case study will form part of a briefing paper to support Councils to transform sports and leisure services.
Trilogy Active currently holds the position of Chair for the Community Leisure UK Finance Group.
Trilogy Active is a member of the UK Active Member Council representing UK Trusts nationally.
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## ‘Inspiring Active Lifestyles’ through Community Health & Wellbeing
Trilogy Active is on a mission to get more people active and influence healthy lifestyles change.
## NORTHAMPTON GENERAL PRACTICE ALLIANCE (NGPA) PARTNERSHIP
In partnership with NGPA Trilogy established a network of Health and Wellbeing Coaches within Primary Care Networks. This unique partnership approach supports more patients being referred into Trilogy services and programmes and will help increase Wellbeing in the Community.
## POPULATION HEALTH MANAGEMENT DEVELOPMENT PROGRAMME - GRAND UNION PRIMARY CARE NETWORK
Trilogy was part of a pilot programme with partners from Grand Union Primary Care Network, Northamptonshire Public Health, the Clinical Commissioning Group and Northamptonshire Sport, supporting systems to improve health outcomes for the local population.
## ICAN GET UP & GO
Trilogy worked with Northamptonshire Sport delivering the first County Integrated Care Across Northamptonshire (iCAN) Get Up & Go programme, supporting the falls prevention progamme.
## WATER FOR WELLBEING PROJECT
Working with the Spring Social Prescribing Team helping people with long term health conditions, to manage their wellbeing, the programme is supported by the NHS and Northamptonshire Public Health.
## PULMONARY REHABILITATION IN THE COMMUNITY
Trilogy worked with partners from Northampton General Hospital, Northamptonshire Carers, Northamptonshire Sport, and the Clinical Commissioning Group, to improve Pulmonary Rehab in the community. Trilogy subsequently developed a follow-on programme called ‘Better Breathing’ to further establish positive behaviours for those managing COPD.
## ACTIVITY ON REFERRAL (AOR)
AOR continues to be one of our fastest growing membership types and the positive outcome from the physical activity programme has resulted in over 750 clients on the AoR membership keeping active following the programme.
## SPORT ENGLAND - TOGETHER FUND
A successful funding application to the Together Fund enabled Trilogy to support additional Wellbeing activities, provide subsidised AoR places for patients from deprived areas, develop and host a targeted Wellbeing Event and upskill the fitness team around behaviour change.
## TRILOGY WELLBEING WALKS
Trilogy coordinates the delivery of 15 ‘free to access’ volunteer led regular walks throughout Northampton and a further 9 Wellbeing Walk leaders were trained by Trilogy Active.
HOLIDAY, ACTIVITY AND FOOD PROGRAMME (HAF)
Through all its facilities, Trilogy Active offered over 8000 free to access funded places on activities across the year, enabling young people to access positive holiday programmes.
## WEIGHT LOSS PROGRAMME
Funded by Public Health, Trilogy Active delivered a comprehensive free 12-week Weight Loss programme. Participants learned about managing nutrition supported by physical activities, in a supportive group environment.
## TEAM TRILOGY WELLBEING
Trilogy launched the Team Trilogy Wellbeing Strategy and internally recruited employees to take up roles as Wellbeing Champions to help deliver the Wellbeing plan and support the wider teams Physical, Mental, Social, and Financial Wellbeing.
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## Children and Young Adults
Building on its award-winning Junior Active programme, Trilogy is focussed on getting more children and young people active, to positively influence their long-term Wellbeing.
## JUNIOR ACTIVITIES
Trilogy has continued to build its programme of Junior activities across all its facilities and within the community, developing programmes for children and young people to 0-16 years. This has seen an increase in attendance at all Trilogy academies, Learn to Swim Academy, Football Academy and Gymnastics Academy.
## NORTHAMPTON STREET SPORTS
This programme was delivered at 10 sites, offering 20 hours of free to access sports for young people aged 8-18 years in areas of deprivation. The sessions are delivered by a team of trained Activators, supported by local volunteers with the delivery taking place in the heart of the communities.
Junior Membership continues to develop and grow with over 5,000 Junior Members attending positive physical activity programmes with Trilogy every month in 2022.
Trilogy leads on a partnership bid to the Ministry of Justice’s Youth Justice Sport Fund to support programmes designed to steer young people into positive activities aimed at teaching teamwork, resilience, and discipline. Trilogy secured funding for a 12-week programme which built on the success of the Northampton Street Sports, working with a range of partners including Free2Talk, Northants Basketball Club and Youth Inspired.
## MULTI SKILLS ACTIVATOR COURSE
Trilogy coordinated the delivery of 2 Multi Skills Activator courses upskilling 17 participants to deliver doorstep sport programmes. The first course was delivered off the back of our sports employability course and the second delivered for eligible participants from the recent Youth Justice Fund sessions.
## SPORTS EMPLOYABILITY COURSE
Trilogy Active, in partnership with Prospects (Shaw Trust), delivered a 6-week sports employability course to 7 participants who are Not in Education, Employment or Training (NEET). Participants benefited from tuition relating to CV writing, communication skills, writing job applications and ‘building on our strengths’. Each session included a physical activity element culminating in all participants taking part in a Multi Skills Activator course.
## TRILOGY ACTIVE YOUTH CLUBS
In partnership with East Hunsbury Parish Council, Trilogy continued to deliver the EHPC funded Youth Club which is now at capacity each week and funding was secured to start a youth club for Duston Parish Council at Duston Sports Centre encouraging and supporting young people to participate in positive activities in the Community.
## GETTING MORE CHILDREN ACTIVE WITH TRILOGY
Trilogy Active targeted getting more young children active with the launch of additional under 5’s sessions at Berzerk, expanding its after school clubs and introducing new soft-play sessions at Duston Sports Centre.
## Trilogy Active – Performance & Positive News in 2022 - 23
Trilogy Active focussed on business recovery and getting more people active in 2022 – 23
- With over 9,000 Health & Fitness members using Trilogy facilities each month
- Trilogy Active encouraged approximately 1 million visits in 2022 – 23
- Over 5,000 Junior Active Members participating in activities every month
- Approximately 4,000 students on the Trilogy Active learn to swim programme each month
- The Forum Cinema witnessed approximately 30,000 visitors
- Trilogy Active increased its Studio Fitness Class participation by over 16%
- Adult Swimming lessons increased by 53%
- Supported National Fitness Day with free activities, encouraging more people to get active
## Trilogy Active ‘Inspiring Active Lifestyles’
## INTERNATIONAL DAY OF PEOPLE WITH DISABILITIES (IDPWD)
Trilogy supported West Northamptonshire Council in respect to the IDPWD offering people with disabilities a tour of Danes Camp Leisure Centre facilities and the opportunity to ask questions.
## DUSTON SPORTS CENTRE OPEN DAY EVENT
Trilogy delivered a free open day in October 2022 to launch a new and reimagined Junior and Adult programme at Duston Sports Centre.
## TRILOGY TALENTED ATHLETE SCHEME
## THOMAS BECKET SITE OPENING - OCTOBER 2023
## OUR PEOPLE – TEAM TRILOGY COMMUNICATIONS APP
Trilogy is committed to supporting local talented athletes competing at a county, regional, national, and international level to reach their full potential with free access to all facilities. Trilogy is currently supporting 12 talented athletes, ranging from international squash players, golfers and BMX racers to women’s footballers, swimmers and triathletes and are proud to be working with the University of Northampton supporting students on its Elite Athlete Scholarship.
Trilogy Active expanded its portfolio in 2023 with the opening of Thomas Becket School Sports facilities. Trilogy partnered with Thomas Becket Catholic School to operate the schools out of hours sports and leisure facilities. This expansion helps more people get active with additional facilities in the Community open for public use and supports the wider Trilogy package.
As part of our digital transformation programme and our commitment to the Team, Trilogy launched a communications App in May 2022 to support two-way communication with our growing workforce.
## CAPITAL INVESTMENT PROGRAMME
Working with West Northamptonshire Council, Trilogy Active delivered an upgrade of plant and machinery at Lings Forum, Danes Camp and Mounts Baths aiming to modernise plant, reduce energy consumption and support decarbonisation within its facilities.
## TV ADVERTISING & REDUCED PRINT
Trilogy Active introduced new 55-inch advertising screens within all its facilities, with the aim of reducing its print and carbon footprint and promoting its programme and activities to its 1 million visitors per year.
## Trilogy Team Values
Our Values ensure that we ‘Inspire Active Lifestyles’ and that the Trilogy Customer Experience is at the centre of everything we do
- ONE TEAM TRILOGY Working Together, Respect, Open, Honest, Positive Communication
- DELIVER EXCELLENCE Provide the Customer Experience you want to receive
- EMBRACE DIVERSITY Champion Equality, Diversity & Inclusion
- ENCOURAGE CREATIVITY Support Innovation, Try New Ideas, Adopt Change
- PROMOTE WELLBEING Self-Care, Support Others, Be Active, Work/Life Balance
- BE CONSTRUCTIVE Adopt a Positive, Can-Do Anything is possible
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## Focus on Marketing
## CAMPAIGN HIGHLIGHTS
Continued with a managed marketing budget utilising social media, email marketing and internal advertising.
Main campaigns: Junior Retention, Student acquisition and January Gym campaign from January to March.
## January campaign (Jan to Mar)
Gain & regain new customers. Featured two key messages that were both used and tested in our online advertising: One acknowledging the uncertain times we were living in and one highlighting Trilogy as a safe place away from the world. Both straplines were on three different creatives and were used Online and on Meta advertising, Bus Advertising, local magazines and door drops.
## Student Campaign (Sep-Oct)
Worked in partnership with the University and Student Union at Freshers Fair supported with targeted online advertising and social media.
Junior Active (Jun-Aug) Retention campaign to support Swimming Lessons & Junior Members.
## Focus on the Forum Cinema
A positive start to the year with Sonic the Hedgehog 2, Minions the Rise of Gru.
Two big blockbusters films Black Panther: Wakanda Forever and Avatar.
The end of the year saw good performances from Matilda the Musical, Mrs Harris Goes to Paris and Puss in Boots: The Last Wish.
The Forum Cinema also teamed up with the Northampton Film Festival Roadshow for the first time to host an evening of short films.
Average attendance increased on year by 20%, but with numbers still lower than pre 2020.
## Social Media Highlights
## Trilogy Key Strategy Priorities
## Customer Experience
## NPS National Average v Trilogy 22/23
**MAINTAIN & DEVELOP DEVELOP A ACTIVITIES & FINANCIALLY PROGRAMMES STABLE THAT PROMOTE ORGANISATION WELLBEING**
**DEVELOP A DEVELOP A SKILLED, CUSTOMER MOTIVATED FOCUSSED & DIVERSE ORGANISATION WORKFORCE**
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TRILOGY ACTIVE
NATIONAL AVERAGE
0 13 25 38 50
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## Testimonials
_“Everything was well-organised and everyone very accommodating. Charlie was amazing looking after us, as well as the rest of the team – we can’t recommend enough!” – Berzerk Soft Play_
_“Joe’s skills managing and engaging a mixed group of ages and attention for dodgeball was impressive. He needs recognition for his patience and appropriate care to attendees” – Lings Forum Leisure Centre_
_“Parent wanted to pass on her thanks to swim instructor Jenny. My child has ADHD and she is a great teacher”_
_– Danes Camp Leisure Centre_
_“Denise is an incredible gymnastics instructor. She is incredible with the children and a fantastic teacher”_
_- Danes Camp_
_“It is always a delight to be welcomed by Duty Manager Julie, she is always on hand with a smile on her face and there to welcome the members with open arms and a caring nature” - Duston Sports Centre_
_“How lovely it was to engage with a real person, Denise. She gave us time, answered our questions, and made us feel very welcome as a new member”_
_- Business Support Team_
_“Compliments to Denise for my welcome call as a new member, other gyms do not do this. Jane in the Contact Centre is also lovely and helpful” - Business Support Team_
_“Compliments to the gym instructor Glen on my induction, he was great!”_
_- Mounts Baths Leisure Centre_
_“Compliments to the staff and manager who were walking around and chatting with members to make sure they were enjoying the facilities”_
_- Cripps Recreation Centre_
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## Energy & the Environment
Working with its partners, Trilogy Active is focussed on reducing its carbon footprint. Through a scheme of works Trilogy is gradually updating old plant and machinery with new energy efficient and sustainable equipment, reducing our carbon footprint and our utilities usage. We have created action plans to reduce utility consumption in all areas of the service and we actively continue to recycle our waste.
## Waste Management Recycling report
**Apr 22 May 22 Jun 22 Jul 22 Aug 22 Sep 22 Oct 22 Nov 22 Dec 22 Jan 23 Feb 23 Mar 23 YTD Total** Trilogy Active Carbon Footprint Total Recycling 1.42 T 1.38 T 1.46 T 1.53 T 1.28 T 1.21 T 1.47 T 1.46 T 1.50 T 1.42 T 1.37 T 1.47 T 16.97 T Total RDF recovery 2.36 T 2.24 T 2.45 T 2.48 T 2.54 T 2.77 T 2.46 T 2.21 T 2.38 T 2.71 T 2.43 T 2.37 T 29.40 % Recycling 42% 42% 41% 42% 37% 32% 41% 43% 42% 38% 39% 42% 3 100% 2,000,000 90% 1,500,000 2.5 80% 70% 1,000,000 2 60% 500,000 1.5 50% 40% 0 1 **42% 42% 41% 42%** ~~**41%**~~ **43% 42%** ~~**39%**~~ **42% 37% 38%** 30% Scope 1 Scope 2 Total kg C02e **32%** 20% 2020 2021 2022 0.5 10% Scope 1 = direct emissions from fuel e.g. Gas 0 0%
Trilogy Active Carbon Footprint
2,000,000
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1,500,000
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1,000,000
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Scope 1 = direct emissions from fuel e.g. Gas Scope 2 = Indirect emissions from purchased electricity Total kg CO2e = total emissions
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## A Healthier future for our Community
Trilogy is focussed on enabling more people to engage in healthy lifestyles to become more active, and Trilogy will foster partnerships to improve the Wellbeing and Social Value within its community.
As a dedicated Social Enterprise, the key aims for the future will focus on Social Value, and improving Social Impact through:
The delivery of our Strategy, offering programmes that are affordable and accessible.
Expanding the Junior programme, 50+ activities and our community outreach programme.
Expand junior activities that help reduce obesity levels and increase the percentage of physically active children and young people.
Trilogy will develop its relationship with the GP Alliance and new Integrated Care System to support a growing programme of social prescribing.
We will continue to expand our portfolio of facilities to ensure both financial stability and to deliver our mission to ‘Inspire Active Lifestyles’ at more Trilogy facilities.
We intend to deliver the key aims and objectives of our strategy by expanding our facilities and developing programmes that promote Wellbeing.
We aim to develop a more customer focussed organisation, develop our workforce, and deliver our charitable objectives.
We are focussed on investing in our facilities and teams to work towards reducing our Carbon Footprint.
Trilogy will drive digital innovation to enhance the working environment, maximise commercial activity and improve the customer journey.
Trilogy will deliver its business plan, maximise its commercial interest to secure its long-term future and continuation of development, growth and re-investment.
We aim to expand our programmes that help tackle health issues within our Community through the expansion of our Activity on Referral Programme and associated Wellbeing programmes.
As a Community Anchor Organisation, Trilogy will develop its programmes to ensure it remains financially stable and meets its charitable objectives, working with our partners to improve the Wellbeing of our Community. We will ensure we balance our Commercial and Social objectives as a committed Social Enterprise.
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John Fletcher - Managing Director
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## Facilities & locations
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N A50 A508Market Harborough A43 Kettering Trilogy Peterborough
Leicester Mallard Road
Moulton Peterborough
Park PE3 8YV
THOMAS BERZERK Tel: 07799 515556
BECKET LINGS FORUM
SCHOOL
&FORUM CINEMA
Kingsthorpe Weston A4500
Kings Favell Wellingborough
Heath Centre
Billing
Abington
Weston
DUSTON Favell A45
Cotswold Ave MOUNTS Wellingborough
M1/6Birmingham BATHS AbingtonPark Billing Cambridge
Aquadrome
Belper Leisure Centre
J.16
A45 TOWN CRIPPS John O’Gaunts Way
Daventry Upton Sixfields CENTRE Belper
Coventry DE56 0DA
Briar Hill Delapre Tel: 01773 825285
DelapreGolfComplex Brackmills GreatHoughton Mounts Baths
Hunsbury A428 Upper Mounts
Bedford
J. 15A Hardingstone Northampton
NN1 3DN
DANES Tel: 01604 838333
CAMP
A43 Wootton
Towcester B526 Thomas Becket
Oxford Newport Pagnell School
J.15 Becket Way
Kettering Road
M1
A508 London Northampton
Milton Keynes NN3 6HT
Tel: 01604 838333
Berzerk Soft Cripps Recreation Danes Camp Duston Sports Head Office Lings Forum
Play Centre & Centre Clannell Road Centre Unity House, Leisure Centre &
Lazergeddon Northampton General East Hunsbury Cotswold Avenue 78 Robert Street, Forum Cinema
4 Clayfield Close Hospital Northampton Duston Northampton Billing Brook Road
Moulton Park Cliftonville Toad NN4 0RX Northampton NN1 3BJ Weston Favell
Northampton Northampton Tel: 01604 838333 NN5 6EX Tel: 01604 838333 Northampton
NN3 6QF NN1 5DB Tel: 01604 838333 NN3 8JR
Tel: 01604 647213 Tel: 01604 838333 Tel: 01604 838333
Bedford
Road
Wellingborough Road
Billing Road
Nene
Harlestone Road
Valley
Way
Road
Kettering
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## Company details
## REGISTERED OFFICE
CHARITIES REGISTRATION NUMBER 1145613
Trilogy Active Ltd 78 Robert Street Northampton NN1 3BJ Company registration number: 07555631
## CONTACT DETAILS
Tel 01604 838333 www.trilogyactive.co.uk
## COMPANY MEMBERS
Age UK Northamptonshire Duston Parish Council Northamptonshire Sport West Northamptonshire Council Northampton General Hospital Northants Chamber of Commerce Northants County Cricket Club Connected Together CIC University of Northampton Voluntary Impact Northamptonshire Chris Holmes Martin Sawyer
## BOARD OF TRUSTEES
Steve Adams - (Chair) Chris Holmes Prof William Pope Andrew Ellis Martyn Sawyer Steve Scales Roger Weston Kevin MacFayden Rachel Collar
## TRUSTEES RETIRED
Nigel Hinch (retired) Kyriakoulla Jolley (retired) Mark Robinson (retired) Peter Jones (retired) Duncan Crowther (retired)
## EXECUTIVE MANAGEMENT TEAM
John Fletcher Rob Austin Lawrence Kay Managing Director Finance Director Director of Wellbeing & Enterprise
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|Statement of Financial Activities 2022/2023
Balance Sheet as of
Unrestricted Total Funds Total Funds
Funds 2023 2023 2022
£ £ £
Income from:
Charitable Activities5,991,507 5,991,5074,784,997
Other income98,844 98,844817,786
Total Income 6,086,351 6,086,3515,602,783
Expenditure on:
Charitable activities5,973,964 5,973,9645,223,182
Total Expenditure 5,973,964 5,973,9645,223,182
Net movement in funds before other recognised gains 112,387 112,387379,601
Other recognised gains:
Actuarial gains on defined benefit pension schemes146,328 146,3281,200,000
Net movement in funds 258,715 258,7151,579,601
Reconciliation of funds:
Total funds brought forward2,228,774 2,228,774649,173
Net movement in funds258,715 258,7151,579,601
**TOTAL FUNDS CARRIED FORWARD** 2,487,489 2,487,4892,228,774
Fixed assets
Intangible assets
Tangible assets
Current assets
Stocks
Debtors
Cash at bank and in hand
Creditors:
amounts falling due within one year
Net current assets
Total assets less current liabilities
Creditors:
amounts falling due after more than one year
Net assets excluding pension scheme asset
Defined benefit pension scheme asset
Total net assets
Charity Funds
Restricted funds
Unrestricted funds
Unrestricted funds excluding pension liability
Pension reserve
Total unrestricted funds
**Total Funds**|Statement of Financial Activities 2022/2023
Balance Sheet as of
Unrestricted Total Funds Total Funds
Funds 2023 2023 2022
£ £ £
Income from:
Charitable Activities5,991,507 5,991,5074,784,997
Other income98,844 98,844817,786
Total Income 6,086,351 6,086,3515,602,783
Expenditure on:
Charitable activities5,973,964 5,973,9645,223,182
Total Expenditure 5,973,964 5,973,9645,223,182
Net movement in funds before other recognised gains 112,387 112,387379,601
Other recognised gains:
Actuarial gains on defined benefit pension schemes146,328 146,3281,200,000
Net movement in funds 258,715 258,7151,579,601
Reconciliation of funds:
Total funds brought forward2,228,774 2,228,774649,173
Net movement in funds258,715 258,7151,579,601
**TOTAL FUNDS CARRIED FORWARD** 2,487,489 2,487,4892,228,774
Fixed assets
Intangible assets
Tangible assets
Current assets
Stocks
Debtors
Cash at bank and in hand
Creditors:
amounts falling due within one year
Net current assets
Total assets less current liabilities
Creditors:
amounts falling due after more than one year
Net assets excluding pension scheme asset
Defined benefit pension scheme asset
Total net assets
Charity Funds
Restricted funds
Unrestricted funds
Unrestricted funds excluding pension liability
Pension reserve
Total unrestricted funds
**Total Funds**|31st March 2023
2023
£ £ £
52,794
679,071
731,865
26,31929,928
200,211111,634
1,746,8791,476,439
1,973,4091,618,001
(678,807)(595,603)
1,294,602
2,026,467
(258,306)
1,768,161
719,328
2,487,489
-
1,768,1611,475,774
719,328753,000
2,487,489
2,487,489|2022
£
10,785
825,714
836,499
1,022,398
1,858,897
(383,123)
1,475,774
753,000
2,228,774
-
2,228,774
2,228,774|
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|||
||
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242 ~~4~~
2525
“INSPIRING ACTIVE LIFESTYLES” Belper Leisure Centre Lings Forum Cinema Berzerk Soft Play Centre Lings Forum Leisure Centre Cripps Recreation Centre Mounts Baths Danes Camp Leisure Centre Thomas Becket School Duston Sports Centre Trilogy Peterborough Lazergeddon
Strategic Partners
Registered number: 07555631
Charlty number: 1145613
TRILOGY ACTIVE LTD (FORMERLY UNITY LEISURE)
(A Company Llmlted by Guarantee)
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
TRILOGY ACTIVE LTD (FORMERLY UNITY LEISURE)
IA Company Limited by Guarantee)
CONTENTS
Page
R8f•rence and Administralive Details of th• Cornpany. lis Trustees and Ad¥ig•rs
Tru$lo0$' Rgport
Independent Audltor's Report on the Flnanclal Statements
9-12
Stat8m8nt of Flnanclal ActivSt588
Balance Sheet
14-15
Statsment of Caih Flow8
Not9$ lo tho Flnan¢lal Stat•m8nts
17-35
TRILOGY ACTIVE LTD (FORMERLY UNrfY LEISURE)
{A Company Llmlt8d by Guarant¢o)
REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 MARCH 2023
Trusts•$
C J Holm8S
M T Sawyer
W Pope
A K Ellis
P Jones {resign8d 7 O¢tober 20221
S Adams
D Crowlher {resigned 29 August 20231
S Scales
N L Hinch {reSned 6 Juty 2023)
K Jolley (appointed 10 June 2022, resigned 25 Juty 20231
K Mcfadyen (appointed 25 July 20231
R Collar lappoinled 25 July 20231
M Robinson (appointed 25 Juty 2023, resigned 24 October 2023}
Company roglster•d
numb•r
07555631
Charlty reglst•red
numb¢r
1145613
R8g18t8r•d offl¢•
Unity House
78 Robert Street
Northampton
NNI 38J
Company s•cr•tary
R J Austin
Managlng dlrector
J Fletcher
Indep•nd•nt aUdOr
MHA
Century House
The Lakes
Northampton
NN4 7HD
Page 1
TRILOGY ACTIVE LTD IFORMERLY UNITY LEISURE)
IA Company Limited by Guarantee)
REFERENCE AND ADMINISTRATIVE DETLs OF THE COMPANY, ITS TRUSTEES AND ADVISERS
ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2023
Bankers
HSBC Bank
Sl Clair House
5 Old Btsdford Road
Northampton
NN4 7AA
Mombors
C J Holm8$
M T Sawyèr
Wesl Northamptonshire Council
Connoclod Together CIC Iformerly Heatthwatch Northamptonshlre CIC>
University ol Northampton
Northamplonshire County Cricket Club
Voluntary Impact Northamplonshire
Northamptonshire Sport
Duslon Parish Council
Northampton Genoral Hospital
Age UK Northamptonshire
Northamptonshire Chamber of Commerce
Page 2
TRILOGY ACTIVE LTD IFORMERLY UNITY LEISURE)
IA Company Limit•d by Guaranto9}
TRUSTEES, REPORT
FOR THE YEAR ENDEO 31 MARCH 2023
The Trustees present their annual report together with the audited financial statements of the Company for the 1
April 2022 10 31 March 2023. The Annual Report serves the purposes ol bolh a Trustees, report and a directors,
report under company law. The Trustees confimi that the Annual Report and financial slalemenls of the
charitable cornpany comply with the current statutory requirements. the requirements of the charitable companls
goveming document and the provisions of the Ststemenl of Recornmended Practice ISORPI applicable to
charities preparing their accounts in accordance wilh the Finanaal Reporting Slandard applicabl& in the UK and
Republic of Ireland IFRS1021 leffeclive 1 January 20191.
Slnce the Company qualifies as small under section 382 of the Companies Act 2006, the Slraleglc Report
required of medium and large companies under the Companies Act 2006 IStrale9ic Report and Directors,
Report) Rogulations 2013 has been omitted.
Oble¢tlv•s and actlvltles
a. Pollcl•* and obJectlv•*
'Inspiring Active Lifestyles,
The Trust has sel itself five priorities..
To ¢r88te 8nd dellv&r Inlliallves for the improvement of health & wellbelng across the geographlcal ar88
we serve.
To improve on the social impact and value of our services.
To ¢onts'nyousty irnprovg customor sorvi¢g and ioumey by dglivoring high quality services and facllllies.
To generate income and Sufpluses lo allow us to invest, improve and inciease our leisure offer.
To enhance our skilled and motsvate(I workforce.
In setting objectives and planning for aclivilies. the Trustees have given due con5ider8tion lo general guidance
published by the Charity Cornrnission relating to public benefit, including the 9uidance 'Public benefit.. running
charity IPB2}'.
b. Achlev•ments and perfomian¢•
The Trust has performed well for the year in question. We have continued lo recover our membership base
following Covid and continue to maintain strict control over expenditure. As a result we have been able to d91iver
one of the best years in temis of financial stjrplus. We have now rVered all of the losses wo inctjrred during
covid and our reserves are now greater than the £600,000 level as set out in our slrat8gy.
¢. Main activities undertaken to further the Companrfs purposes for the publSc benefit
The Trustees have referred to the Charity Commission's guidan on public benefit when deciding on the
activities Trilogy Active Ltd provides. Trilogy Acbve Lld provides public benefit in the followng ways..
To promote for tt)e public benefft the provision of facililies for recreation OT other leisure lime occupati¢
for individuals who have need of such facilities by reason of their youth, age, infirmity or disablement,
rinancial hardship or social and economic ryrcumstances or for the public at large in the interests of socia
wgllare and with the object of improving their conditions of life.
To advance heahh for Ihe public benefit by promling parkn"cipation in healthy exercise and physical
activity.
To advance education in the arts ft)r Ihe public benefil in particular not exdusively by the maintenance
and management of a cinema.
Page 3
TRILOGY ACTIVE LTD (FORMERLY UNrrY LEISURE)
IA Company Limitéd by Guaran>
TRUSTEES. REPORT ICONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
Achlevem•nt$ and perlonnan¢¢
a. Koy p•rf0Man Sndl¢atorn
Before accounting adjustments lor pensions. we delivered a $urplu$ lor the year of £298.387. This was driven by
the following.,
A detailed review of our ¢osl base which resulted in us reducing our staffing costs by almost £1 m from
our pra-covid levgl wrthoul the need for any compulsory redundancies.
By focusing on our core income streams we were able to bring back our members much quicker than
èxpected.
W& kept a close eye on all expenditure, adopling an essential sp8nd onty policy.
Ongoing support from central Govemmenl in the fom ol grants.
b. Rèvlèw of actlvltlfr¥
Wè continue lo devekJp and enhance the our facilities to improvg the customer experience. The year ending 31
March 2023 was primarity focussed on business rewvery and gelling the business back lo pre-pandemic levels.
We though now seeking lo stsrt lo devekjp and expand the business and neooli8tions are on90ing regarding thg
purchase of a softplay buslness encompassing two sile and the acquisition of a single site charitabl@ leisure
operator.
Flnanclal rovI•w
. Golng conc8rn
After making approprialg enquiries, the Trustees have a 8$onable expeclalitsn that the Company has adequate
rgsources lo continue in operational existence for the foreseeable fulure. For thi5 reason, they continue to adopt
the going concefn basis in prep8ring the financial statements. Further detsils regarding the adoption ol the going
concèm basis can be found in the accounting p)li¢ios.
b, R•s8rv•$ poll¢y
The reserves pollcy for the Trust sets out the cash target levèl of reserves of £600,000. This figuro Is made up of
two key components namely.
£300,000 being the amount neede(J to manage flucluations in Cash flow
£300,0Tr) being the amount needed to manage unforeseen expenditure or drops in incomg
We currently do not sel aside any amounts to meel future expenditure as this can 811 be funded by ongoing
revenue. 11 is Ihough part of our strategy to develop 8 new reserye of up lo £400.000 so that we can take
advantsge of opportunities as they come about.
As al 31 March 2023 the value ol cash reseNes held was £1.746.879 {2022- £1.476.4391.
Page 4
TRILOGY ACTIVE LTD (FORMERLY UNITY LEISURE)
{A Company Limited by Guarant•el
TRUSTEES. REPORT {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
structure, governanc8 and manag¢m•nt
Con8titutl¢n
The Company is registered as a charitable company limited by guarantee {company number.. 07SS5631).
governed by Memorandum and Articles of Association and was sel up by a Trust deed in 2012.
The ¢ornpany is constituted under a Trust d6ed and Is a registered charity and holds th8 règistration number
1145613.
The principal object of the Company is to operale for public benefit, facillties and services for lelsurg and
reueation and be sustainable.
The charitable company op8rales under the name 'Northamplon Leisure Trusv.
b. Mothods of appolntm•nl or o18¢llon of Tru$tw•
The management of the Company is the reswnsibility of the Trustees are èlected and co opted undor the
terms of th8 Trust deed.
c. Pollcles adoptsd for the Inductlon and tralnlng ol Tru$to9¥
Trustee5 afe appointed and their conduct governed by Ihe charitsble company's Articlès ol Association and
Code of Conducl. New Trustee$ aro ro¢ruitod through local advertisements and any appointment would bg
based on an assessment of the required abilities and. rf appropriate, specialist skills required by the board. All
current Truslges have received training to brief them on their legal obligations under charity and company law,
the conlenl of the Memorandum and Articles of Association, the commitlee and decision making process, the
Business Plan and financial monitorin9 of the charitable compan¥s perforniance. Any new Trusleelg) will receiv
8 commensurate level of training in accordance wlh the Trustee induction policy. None of the Trustees receive
rgmun9ralion or other benefit from their work with the charitsble company.
d. Pay poll¢y for s•nlor staff
The rernuneration of the Managing Director and the Finance Director is consldered by a Remuneration
Committee. Other pemianenl staff are remunerated using an evaluation model promoted by the Joint
Negotiating Council. Where this is not appropriate, maTkel rates are applied. Remuneration is based on a
cornbinalion of market rates. perfomiance and the need to relain key members of staff.
•. Organlsatlonal structuro and dacision making
The 8oard of Trustees. whith can contsin up lo 15 members, administers the charitable company. The board
m80ts on a bi monthty basis there are the folbwing sub committees..
Audit Committee.
Remuneration Committee.
The Managing Director and the Finance Director are appointed by Ihe Trustees to manage the day lo day
operations of the charitable company. To facilitate effeclive operations the Managing DiTeclor and the Finance
Director have delegated authority, wthin the temis of delegation approved by the Trustees, for all operational
and administrative functions induding finance. HR arHJ IT.
Pag& 5
TRILOGY ACTtVE LTD {FORMERLY UNITY LEISURE)
IA Company Lirnited by Guarantee)
TRUSTEES. REPORT {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
Structure. govemance and management (continued)
f. Risk rnanagement
The Twslees have a risk management strategy which comprises..
An annual review of the risks the charilabl8 company may fac8:
The establishment of systems and procedures to mitigate Ihose risks identified in the plan,.
Impl8maniation of procedures designed to minimise any polenb'al impact on the charitable company
should those risks malerialise.
This Work has identified that rinancial SustairbIllty 1$ the majof financial risk for the charitable company.
Particular attention has focused on financial risk regard lo the FRS102 pension liability, assessing Trilogy
Active Lld's exposure lo its facilitses repair and maintenance costs, the monthly monitoring of trading
performance together s*ith an assessment of the key perfomiance indicators and the implementation of a
prudent reserves policy.
Non financial risk is also regulady assessed wlh regard lo company operations and ensuring continued usage of
18¢ililies through capitsl investment strategy and operational activity reviews. In particular, work has baen
undertaken lo Identify and miligale hèalth and safety issues wlhin operational areas. This approach lo rlsk
managamenl has resulted in better emèrg6ncy procedures and conlingancy plans and has given Ihg Impetus for
bellgr planning and Servi delivery.
Plan8 for futuro rIodS
Our strategy as a company is lo work with all our partneryJ in health and local govemmenl lo improve the
wellbeing lor the people in the areas we work. To do this we recognise the need lo train and develop our staff as
we11 as developing the products and services we offer. A key parl of our strategy is to onsurfj that everyone h88
access to activities and lo remove any historic barriars thal prgvfjnled their participation.
We are eonscious that our main contract wilh Wesl Northampton$hir8 CoLFnciI expir8s on 31 March 2026. Wesl
Northamplonshire Counul have advised that they do not intend to honour the agreement reached with
Northampton 8orough Council to extend the coniract until 31 March 2041. Instead they intend lo go through a
competitive tenderin9 process. We will of course do all we can lo relain the contract without taking on any undue
financial risks. In order lo ensure that the company remains financially viable in the event that we do not relain
the Northampton contact, our strategy is to use the surpluses we have generated to grow the business through
acquisitions and new facilities. We are in negotiatson to purchase a soft play businoss that operato two separate
siles as well as a deal that would see us take Ctrol of a single sf(e charitable leisure ¢omp811y.
Funds held a$ ¢u$todlan
There are no funds held as Custodian.
Page 6
TRILOGY ACTIVE LTD (FORMERLY UNITY LEISURE)
IA Company Limited by Guarantee)
TRUSTEES. REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2023
Engagoment wlth èmploy••s and employm•nt of tho disabl8d
Employees havfr been nSUlted on issues of concem to them by means ol regular consul¢alive committee and
slatt meetings and have been kept infomled on specific matters direcuy by management. The Company carries
out exil interviews for all staff leaving the orgar)isalion and has adopted a procedure ol upward feedback for
sgnior management and the Truslges.
Th8 Company has implemented a number of detsiled policies in relation lo all aspects of personnel matters
Including..
Equal opportunities policy.
Volunle8rs' policy.
Health & $81ely policy.
In accordance with the Companys equal opportunities policy. the Company has long4stsblish8d falr
omployrnant practices in thg rgcruilment. selectn, retention and Iraining of disabled staff.
Full details of these policies are available from the Companys offices.
Statement of Trustees. ro8pon•lblllll•s
The Trustees (who are also Ihe directors of the Company lor the purposes of company lawl are responsible for
preparing the Trustees. Report and the financial statements in accordance wilh appIlble law and United
Kingdom Accounling Standards (Uniled Kingdom Ggnerally Acceplei1 Accounting Practice).
Company law requires the Tnjslees lo prepa financial slalemenls for each financial year. Under company law,
the Truste88 musl not approve the finanu81 slalements unless they are satisfied that they give a true and fair
vlew ol the slate of affairs of the Company and ol its incoming resources and application of resources, including
its income and gxponditur8, for that period. In preparing Ihose financial ststomonts, the Trustoes are required lo..
select suitable accounting poliaes and then apply them consistently,
observe the rnethods and principles of the Charities SORP IFRS 1021.,
make judgments and accounting estimates that are reasonable and prudent..
stsle whether applicable UK Accountsng Standards IFRS 1021 have baen followed, subject lo any malgrial
departures disclosed and explained in the finanaal statements.,
prepare the financial statements on the going concem basis unlass it is inappropriata to pr8SUrng that tho
Company 11 contsnue in buwness.
The Trustees are responsible for keeping adequate accounting records that are SLrfficienl lo show and explain
the Cornpanls transactions ar disclose with reasonable accuracy at any time the financial position of the
Company and enable them to ensure that the financaal statements comply tha Companies Act 2006. They
are also responsible for safeguarding thg assets of the Company and honce for taking reasonable steps for the
pr&venlion and detection of fraud and other irregularities.
Page 7
TRILOGY ACTIVE LTD {FORMERLY UNITY LEISURE)
IA Company Limitèd by Guarant¢•)
TRUSTEES. REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2023
Dl$¢lo$ure ol Infomiatlon t¢ auditor
Each of the persons who are Trustees al time when this Trustees. Report is approved has confimied Ihal..
so far as thal Trustee is aware, there Is no relevant aLTt infomialion of which the charitls auditor is
unaware, and
that Truslge has tsken all the sleps that ought to have been taken as a Trustee in order to be aware of
any rel8vanl audK inf0miaOn and to establish that the charitys auditor is aware of that infomiation.
Audltor
Following a rebranding exercise on 15 May 2023 the trading name of the Cofnpanls independent auditor
changed from MHA Maontyre Hudson lo MHA. A resolution lo reappoint MHA as independent auditor will be
proposed al the next Annual General Meeting.
Approved by order ol the members ol the board of Truslees and signed on their behalf by..
S Adams
Chairman
Dale..
Page 8
TRILOGY ACTIVE LTD (FORMERLY UNrr¥ LEISURE}
IA Company Llmltèd by Guarante¢)
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF TRILOGY ACTIVE LTD (FORMERLY UNrrY
LEISURE}
Oplnlon
We have audited the financial ststem8nts of Trilogy Active Ltd Ifomiorly Unity Leisurel (the 'charilable company'l
for the year ended 31 March 2023 which compiise the Stalernenl ol Financial Activities. the Balance Sheet, tho
Slalement ol Cash Flows and the related notes, incILlg a summary of significant accounting policies. The
financial reporting framework that has been applied in their preparation is applicable law and United Kin9dom
Accounting Standards. including Financial Reptyb'ng Standard 102 'The Financial Reporting Standard applicable
in the UK and Republic ol Ireland. Iuniled Kingdom Generally Accepted Accounting Practice).
In our opinion the financlal slalemenls..
glve a true and fair view of the state of the charitable companvs affairs as at 31 Mar¢h 2023 and of ils
Incoming resources and application of resources, induding ils income and expenditure for the year thgn
ended;
have beon properly prepared In a¢[d81Th with Unned Kingdom Generally ApId A¢counting
Practice,. and
have been prep8red in accordance wth the requiremènts of th8 Companies Act 2006.
8asl8 for oplnlon
We condu¢te(l our audll in accordance with Internation81 Stsndards on Auditing IUKI IISAS IUKII and applicabl8
law, Our responsibilities under those slandar¢Js are further described in the Audllorfs responsibilities for the audit
of the finanaal slalemenls section of our rew)rt. We are indendent of the charitable company in accordance
with the ethical requirernenls that are relevant lo our audit of the financial stalements in the Unit9d Kingdom,
including the Financial Reporiing Council's Ethical Slandard, and we have fulfilled our other ethical
responsibilities in aordance these requirements. We believe thal the aut1il evidence we havtr obtained is
sufficient and appropfiate lo provide a basis for our opinion.
Concluslon¥ relating to going concern
In auditing the financial statements, we have concluded that ihe Trustees, use of the going concem basls of
accounting in thè pr8paratson of the financial stslemenls is appropriate.
Based on the work we have perfomed. we have nol identified any material uncertainties relating to events or
conditions that, individually or eollectively, may east significant doubl on the charitable companls ability to
continue as a going ¢on¢em for a pgric4J of al least months from when the financial statements are
authorised for issue.
Our responsibilities and the responsikn'lilies of the Trusteès wth respect lo going concern are described in the
relevant Sections of this report.
Page 9
TRILOGY ACTIVE LTD (FORMERLY UNITY LEISURE)
IA Company Limited by Guarantee)
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF TRILOGY ACTIVE LTD (FORMERLY UNITY
LEISURE) {CONTINUED}
Other Inforniatlon
The olh&r informats.on comprises the infomalion induded in the Annual Report other than the financlal
statements and our Audilorfs Report Ihereon. The Trustees are responsible for the other information conlaSned
within the Annual Report. Our opintron on the financial statements does not cover the other infomialion and.
except lo the extent othe1$e explicilly stsled in our report. we do not express any fomi of assurance conclusion
Ihereon. Our responsibility is to read the other infomalion and, in doing so, consider whelh&r the other
information is materially inconsislenl with the financial statemen15 or our knowledge obtsined in the course of the
audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent
material misstatements, we arg required lo detemiine whelher this gives rise to a material misstatement in the
financial statements themselves. If. based on the work we have pertomied. we conclud6 that there is a material
rnisslalement of this other information. we are required to report that fact.
We havo nothing lo rgvt in this rogard.
Matters on whlch w• ar• requlr•d to report by •xcopllon
We have nothing lo report in respect of the following matters where the Charitses (Accounts and Reports)
Regulations 2008 requires us lo report lo wju if. in our opinion..
the infomialion given in the Trustees, Report is inconsistent in any material respect with the financial
slalemenls., or
sufficient account5ng records have not been kepl: or
the financi81 slalements are not in agreement wilh the accounting rgcords and rgtums.. or
we have not CeIVed 811 the Infomialn and gxplanotKJns we roquire for our 8udil.
R•sponslbllltS01 of trustees
As explaSned more fully the Trustees, Responsibililie$ Statement. th8 TTustae$ (who ar8 also th9 directors of
the charltsble company for Ihg purposes of company lawl are responsible for the preparation of the financial
Stalernents and for being satisfieil that trsey give a true and fair view. and for such inlem81 contro1 as the
Trustees delerrnine is necessary to enable the preparation of financial slalemenls that are free from material
misstslemonl, whelhgr due lo fraud or error.
In preparing the financial ststements, the Trustees are responsible for assessing the charitsble companls ability
lo continue as a going concem, disclosing, as applicable. matters related lo going concem and using the going
conrn basis of accounting unless the Trustees either intend to liquidate the charitable company or to cease
operations, or have no realistic altemative bul to do so.
Page 10
TRILOGY ACTIVE LTD IFORMERLY UNITY LEISURE)
IA Cornpany Limited by Guarantee)
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF TRILOGY ACTIVE LTD IFORMERLY UNI
LEISURE) ICONTINUEDI
Audltorfs responslbllltl•s for th• audlt of th• financlal statements
Wfr have been appoinled as auditor under the Companies Act 2006 and report In accordance ¥th the Act and
relevant regulation5 made or having effect Iher8und8f.
OUT objectives are lo obtain reasonable assurance about whether the financial statements as a whole are free
from material misstatement, whether due lo fraud or error. and lo issue an Audito¢s Report that includès our
opinion. Reasonable assurance is a high level ol 8ssur8nce. bul is not a guar8nle& that an audit conducted in
accordanc& wth ISAS IUKI will aayS delect 8 maleiial misstalernenl when il exis15. Misstalemenls can arise
from fraud or error and are considered malerial if, indiwdually or in the ag9regate, they could reasonably be
expected lo influence the aconomic decisions of users taken on the basis of Ihesg financial slalements.
Irrogularilies, Sncludlng fraud. are Instsnces of non-compliance with laws and regulatlons. We dèslgn procedures
In Ilne with our responsibilities, outlined above, to ¢Jelècl material misstatements in respect ol irTegulaTilies.
including fraud. The extent lo which our procedure5 are capab18 of detecting irregularities. in¢luding fraud is
detailed below..
Obtaining and undgrstanding of the legal and regulatory frameworks thal the Charfty operates In, f¢xusSng
on those laws and regulations that h8ve a tjirect effect on the financial slalemenls.,
Enquiring of management and Truslees around known or suspected instances of non compliance of laws
and regulations and fr8ud-
Discussing among the engagement l¢am regarding how and wherg fraud might occur in the flnancial
statements and any polential indicators of fraud.,
Reviewing minutes ol meetings ol those charge¢J with govemance,.
Reviewing financial stalemenl disclosures and lesling lo supporting documentation lo assèss compliance
with applicab5e laws and regulations.
Performing audit work in relation to the risk of managomont override, including tgsts'ng ofjoum81 entries
and other adjustments for approprialengss an(J rewgwing accounting eslimales for blas.
A further description of our responsibilities for the audit ol the financial ststements is located on the Financial
Reporting Council's website al.. wv4w.fTC.Of
.uklauditorsres
nsibilities. This description forms part of our
Audilorfs Report.
Page11
TRILOGY ACTIVE LTD (FORMERLY UNrfY LEISURE)
IA Company Limited by Guarants•l
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF TRILOGY ACTIVE LTD {FORMERLY UNITY
LEISURE) ICONTINUEDI
Us• ofour r•port
Thbs report Is made solely to the charitable companvs trustees. as a body. in accordance with Part 4 of the
Charities IAccounts and R&port$l Rggulations 2008. Our audit work has b&en undertaken so that we might slate
lo the charitable company's trustees those matters we are required to stsle lo them in an Audilorfs Report and
for no other purpose. To the fullest exlenl permitted by law, we do not accept or assume responsibility to anyone
other than the charitable cornpany and ils members, as a body, for our audit work, lor this report, or for the
opinions we have formed.
Robecca Hughes Bsc IHon$l FCCA (Senlor Ststutory AudltOf}
for and on b•half of
MHA
Slalulory Auditor
Northampton
Dale.. 21 November 2023
MHA is the trading name of Maclntyre Hudson LLP. a limited liability partnetship in England and Wales
Iregislered number OC3723131.
MHA are eligible lo act as auditors in terms of section 1212 of ihe Companies Acl 2006.
Page 12
TRILOGY ACTIVE LTD (FORMERLY UNITY LEISURE)
IA Company Llmited by Guarant•e}
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31 MARCH 2023
Unreslrlctèd
funds
2023
Total
funds
2023
Total
funds
2022
Note
Incorno trom:
Charitable act'vilies
Other income
5.991,507
5,991,507
4,784,997
817,786
Total Incom•
6,086,351
6,086,351
5,602,783
Exp6ndltur• on:
Charitable acty'vilies
5.973.964
5.973,964
5.223,182
Tolal •xp•ndltur•
5.973.964
5,973,964
5.223,182
Not mov•m•nt In funds lOr• oth•r recognl$•d
galns
112,387
112,387
379,601
Other re¢ognl8•d galns:
Actuarial gains on defined benefit pension $¢hemes
146,328
146,328
1,200,000
Net mov•m8nt In funds
2S8,715
258,715
1,579,601
Reconclllatlon ol funds:
Total funds brought forward
Net movement in funds
2,228,774
2$8,715
2,228,774
258,715
649,173
1,579,607
Total funds carrl•d forward
2,487,489
2,487,489
2,228,774
The Statement of Finanaal Activilies includes all gains and losses recc*Jnised in the year.
The notes on pages 17 10 35 form part of these financial stalemgnts.
Page 13
TRILOGY ACTIVE LTD (FORMERLY UNITY LEISURE)
IA Company Limited by Guarantee)
REGISTERED NUPh8ER: 07555631
BALANCE SHEET
AS AT 31 MARCH 2023
2023
2022
Note
Flx8d asséts
Intangibl8 assets
Tangible assets
10
11
52,794
679,071
10,785
825,714
731.865
836,499
Currènt a$$•ls
Stocks
Debtors
Cash al bank and in hand
12
13
26,319
200,211
1.746,879
29,928
111,634
1,476,439
1.973,409
1,618,001
Creditors.. amounts falling due wilhin one
year
14
{678,8071
1595,6031
N•t Current as$*ts
1.294,602
1,022,398
Total a8$ets1•$8 ¢urr¢nt IlabllltS••
2.026,467
1,858.897
Creditors.. amounts f811ing due after more
than one year
15
1258,306)
1383.1231
N•t as8•ts •x¢luding p•n$lon ass•t
Defined benefit pension schème asset
1,768,161
1,475,774
719,328
753,000
Total net a$set$
2,487.489
2,228,774
Charlty fund$
Restricted funds
Unrestrided funds
Unrestricted funds excluding pension liability
Pension reserve
16
16
16
1,768.161
719.328
1,475,774
753,000
Total unrestricted ftbrHJy
16
2.487,489
2,228,774
Total funds
2,487,489
2,228,774
P8ge 14
TRILOGY ACTIVE LTD IFORMERLY UNITY LEISURE)
IA Cornpany Limited by Guarantee)
REGISTERED NUMBER: 07555631
BALANCE SHEET ICONTINUEDI
AS AT 31 MARCH 2023
The entity was entitled to exemplion from audit under section 477 of the Companies Act 2006.
The members have not Tequifed the entity lo obtain an audit for the year in quesb'on in accordance with section
476 of the Companies Act 2006.
However, 8n audil is required in accordance with section 144 of the Charibe5 Act 2011.
The Trustees acknowledge their responsibilitses for complwng wtth the requirements of the Act with respèct lo
accountin9 records and preparation of financial ststemenls.
The finandal stst8ments have been prepared in accordance wth the provisions applicabl8 to gnfjties subject to
the small companies regim8.
The financial slalemenls were approved and authorised for Issue by the Trustees and slgngd on their behalf by..
S Adams
Chairman
Dale..
2&*AJai 2025
The notes on pages 17 to 35 fomi part of these financial slalèmenls.
Page15
TRILOGY ACTIVE LTD {FORMERLY UNITY LEISURE)
IA Company Llmltad by Guarante•l
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2023
2023
2022
Not•
Ca$h flows from op8rating activities
Nel cash used in operaling aclivities
19
402,251
1,044,371
Cash flows from Investlng actlvltles
Proceeds from the sale of intangible assets
Proceeds from the sak ol tangible fixed assets
Purchase of intangible assets
Purchase of tangible fixed asse15
3,884
11,019
142,0091
189,8021
110.3481
Not ¢ash lu8•d Inllpfovlded by Inyestjng a¢tlvltle8
1131.8111
4,555
ash flows from flnanclng 8ctlvbtl•s
R9paymenls of finance leases
{189.0871
Nèt cash provlded byllused In) Ilnanclng acllvltl•s
1189,087)
Chango In cash and cash •qul¥al•nts In the year
Cash and cash equivalents at the beginning of the year
270,440
859,839
1,476,439
616,600
Cash and Cash ¢qulval¢nts at tho end ol the year
20
1,746.879
1,476,439
The notes on pages 17 10 35 form part of these financial statements
Page 16
TRILOGY ACTIVE LTD (FORMERLY UNITY LEISURE)
(A Cornpany Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
Gangral Informatlon
Trilogy Active Ltd Ifomerfy known as Unity Leisurel is a private limited company limited by guarantee and
registered in England and Wales. Registered company number 07555631 and tharity number 1145613.
The registered offictr and principal trading address is Unty House. 78 Robert Streel. Northampton,
Northamplonshire, NN1 3BJ.
Accountlng pollcles
2.1 Bas1$ ol pr¢paratlon of flnan¢lal statements
The financial statemenls have been prepared in accordancg With Ihe Charities SORP {FRS 1021
Accounting and Reporting by Charilies.. Stalemenl ol Recommended Practice applicable to charities
preparing their accounts in accordance with the Financial Reporting Standard applicable in Ihg UK
and Republic of Ireland IFRS 1021 leffective 7 January 20191, the Financial Reporting Standard
applicab in the UK and Republic of Ireland IFRS 1021 and the Companigs Act 2006.
Trilogy Adive Lld Iformerfy Untty Leisurel meets the definition of a publlc bènefit ènlily under FRS
102. Assots and liabilities are initially recognised al hlstorfcal cost or transaction value unless
olherwise slated in th& iejevanl accounkn.ng policy.
2.2 Golng concem
The Trustfjes have not identified any material uncertainties that may cast significant doubt about the
ability of the ¢h8ritsble company lo eonlinLte as a going concern. The chariiable cornpanls business
activities, together with the factors likely to affecl its future development, perfomiance and position,
ils cash Ilows and liquidity position have been assessed. The charitable company has sufficient
finanaal resources togelhèr long lem) contracts lor 811 of ils six trading cenlres. The Trustees
understsnd that the transactions thal arè required lo be placed in our financial statemènts in relation
to our nSIOn fijnd are prepared in aordanCe wilh assumplions sel by FRS 102 and produce a
rnaterial different set of figures than those produced by the pgnsK)ns fun(1 actuary for the purpose of
calculating ouf actual share of assets and liabilities as well as those used lo assess conlribulion
levels. The Trustees also understand that, in accordance with the laws and regulations surrounding
the operation of the pension fund, the recovery of any difference between the assets and liabilities on
the fund will be agreed and sel at each lriennial valuation. and are based on 8 20 year recovery
period. As a consequence, the Trustees believe that the charitable company 15 well placed to
manage its business risk successlulty.
Based on these assessmenls and having regard to the resources 8vailable lo the charitable
company. the Truste8s hav8 concluded that there is no material uncertainty and thal they can
continu8 to adopt the going nCeM basis in preparing the annual report and accounts.
Page 17
TRILOGY ACTIVE LTD (FORMERLY UNITY LEISURE)
IA Company Limltèd by Guarant••)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
A¢¢ountlng poll¢los 1contlnul
2.3 Income
All income is recognised once the Company h85 entitlement lo the income. it is probable that the
income will be received and the amount of income receivable can be measured reliably.
Membershlp fe&$
Membership fees are amounts payable lo Trilogy Active Ltd on 8 monthly basis for usage of the
leisurè facilities. Details of the various membership categories and the benefits they offer can be
found on our website al wY.tri1D9eisUre.co.Uk.
Cantrg f••s
Cgnlr8 fees are amounts payable lo Trilogy Active Ltd on a visil-by-visit basis for usag8 of the lelsure
facilities. Details of opening times, adivity tables and charges are all available on our website.
Managom8nt f•0$
Mana9emenl fees are the fees paid by Wesl Northamplonshir8 Council for the operation of the
facilities and the Pfovision ol a Sport and Play Developmerbl service.
Grants recelvabl•
Grants are xcountgd for when conditnS to enliuemenl have been met.
Income lax recoverabb in relation lo investmenl incorne is recognised at the timo the investment
income is receivable.
Other Income is recognis8d in the perlod in which ¢1 is fecelvable and lo the extent the g¢XJds hav8
been providg(J or on completion of the service.
2.4 Expendlturt
Expenditure is recognised once there is a legal or constructive obligation lo transfer economic benefit
lo a third p8ty. il is probable that a transfer of economic benefits will be required in settlement and
the amount of the obligation can be measured reliably. Expendituro is classified by activity. The c0518
of each activity are made up of the lotal of direcl costs and shared costs, including support costs
involved in undertaking each activity. Difect costs attributable lo a single activity are allocated directly
to that activity. Shared Costs which contribute lo move than one activity and SLtpport costs which are
not attributsble lo a single activity are apportioned betsveen Ihose activities on a basis consislenl with
the use of resources. Central staff costs are allocated on the basls of tlme spent. and depreciation
charg8s allocated orb the portion of the asset's use.
Expenditure on charitable activities is incurred on directy undertaking the a¢tivities which further the
Companys objectives, as well as any associated support costs.
All expenditure is inclusive of irrecovernble VAT.
Page 18
TRILOGY ACTIVE LTD (FORMERLY UNrrY LEISURE)
{A Company Limitsd by Guarant¢•)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDEO 31 MARCH 2023
Accountlng pollcles Icontlnuedl
2.5 Intanglble assets and amortlsatlon
Intangible a5se15 costing £1,000 Of more are capitalised and recognised when futuro econornic
benefits are probable and the cost or value of the asset can be measured reliably.
Intangible assets are initialty recognised al wsl. After recognition. under the cost model, intangible
assets are measu 81 cost less any accumulated amortisation and any accumulated impairment
losses.
Amortisation is provided on intangible assets at rates calculated to write off the cost of e8ch asset on
a straighl-line basis over ils expected usefvjl life.
Thg estimated useful Ilves are as folbws..
Computer sOfare
S ygar¥
2.6 Tanglble fixed a¥•et• and depreclatlt)n
Tangible fixed assets costing £1.C(JO or more are capitalised and recognised whèn future economlc
benefits are probable and the cost or value of Ihe asset can be measured reliably.
Tangible fixed assets are initially recognised al cost. After recognition. under the cosl modgl. tangible
fixed ass8ts are measured at cost less accumulated depreciation and any accumul8t8d impaimienl
losses. All costs incurred to bring a tangible fixed asset into its intendèd working condition should bè
Includgd in the m8asur8mgnt of cost.
Depfecialion is charged so as lo alhxale the cost of tangible fixed assets less their residual value
over Ih8ir estimated useful INes, using the straigh14ine method.
Depreualion is provided on the fdlowng bases:
Leasehold propety
improvements
Plant and machinery
5- 10years
Motor vehicles
- 5 years
Office equipment. fixtures and - 5 - 10 years
fiitings
Computer equipment
Sports equipment
-5-25years
-5-8ye3rs
-5-7years
2.7 Stocks
Stocks are valued al the lower of cost and net realisable value after making due allowance lor
obsolete and slow-moving 51ocks. Cost includes all dire¢l costs and an appropriato prOpO.0n of fixed
and variable overheads.
2.B Debtorn
Trade and other debtors are recognised al the settlement amount after any trade dlscounl offered.
Prepay7ngnts are valued at the amount pr8paid net of any trade discounts due.
Page 19
TRILOGY ACTIVE LTD {FORMERLY UNITY LEISURE)
IA Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
Accountlng pollcl8s Icontlnu•dl
2.9 Cash at bank and In hand
Cash at bank and in hand includes cash and short-term highly liquid investment5 with a short malurily
of three months or less from the date of acquisitton or opening of the deposit or similar account.
2.10 Uabllltl¢8
Liabilities and Provisions are recognised when there 15 an obligation al the Balance Sheet dale as a
result of a past event. il is probable thal a transler of economic benefit will be required in settlement.
antl the amount of the settkgmenl can be estsmaled reliabty.
Liabilities are recognised at the amount that the Company anlicipales il will pay lo settle th8 debt or
the amount it has received as advanced payments for tho goods or sorvicgs it must provid8.
Provlslons are measured 8t the best estimate of the amoLtnls iequired lo settle the obligallon. Wherè
the effect of the lime value of money is material, the provision is based on the present value of those
amounts, discounted at Ihe pre-tax discount rale that reflecls the risks specific lo the liability. The
unwinding of the discount is rgcognisod in tho Stalement ol Financial Activitses as a finance Cost.
2.11 Flnanclal Instiuments
The Cornpany only has financial assets and financial liabilities of a kind that qualify as basic financial
instruments. Basic financial instruments are inilially r8cognised at transaction value and sub$8qu8ntly
mgasured at their Settrnent valuo wlh thg excgption of bank loans which are subsgquenlly
measured al amortlsed cost uslng the effectlve Interest method.
2.12 Flnanc• l•*#e8 and hlrn purchase
Assets obtaid under hire purchase conli8Cts and finance leases a capilalised as tangible fixed
assets. Assets acquired by finance lease are depreciated over the shorter of the lease term and their
useful lives. Assets acquired by hire purchase are depreciated over their useful lives. Finance leases
those whero substantially all of (he benvfiis and risks of ownership are assvmgd by tho
Company. Obligations under such ageMentS are included in creditors, nel of the finance Charge
allocated lo future perio(19. The finance ement of the rentsl payment is charged lo the Slalemenl of
Financial Activities so as to producè a constant e*JI¢ rale ol charge on thè net obligation
outstanding in each period.
2.13 Penslons
The Company operates a defined conlribulKfyn pension scheme and the pension charge roprosgnls
the amounts payable by the Company to Ihe fund in respect of the year.
The Company operates a defined benefits pension scheme and the pension charge is based on a full
actuarial valuation dated 31 March 2023.
Page 20
TRILOGY ACTIVE LTD (FORMERLY UNITY LEISURE)
IA Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
Account5ng pollcles {contlnued)
2.14 Fund a¢¢ounllng
General furS are unrestricted fund5 which are available for use al the discretion of the Trustees in
fijrtherance ol the general objeciives of the Company and which have not been designated for other
purposes.
Restricted funds are funds which are lo be Ljsetl in accordance with specific $trI¢'0ns imp058d by
donors or which have been raised by the Company for particular purposes. Thè costs of raising and
administering such funds are charged againsl the specific fund. The airn and use of each restricted
fund is sel out in Ihe noles lo Ihe finencial slalemenls.
crttlcal a¢countlng •8tlmal•s and ar•as of Judgment
Esllmales and judgments arg continually evaluated and are based on historical experience and other
factors, including expectations of luture events that are believed lo be reasonable under the
circumstsnces.
Critical a¢UntIng estsmales and as$umplions'.
The Comp8ny makes eslimales and assumptions conceming the lulure. The resulting accounting
eslimales and assumptions will, by definiiion, seldom equal thè related actual results. The eslimales and
assumptions that hav8 a significant risk of causing a material adjustm8nt to the carrwng amounts of
8ssets and liabilitl8S Wthin the n8xt finanaal year ar8 discuss8d bèlow.
The present value of ihe defined benefit pen81¢)n scheme depends on a number of factors that are
determined on an actuarial basis using a variety of assumptions. The assumptions used in delermlning
the not cost or inwmo for pensions irbclude tho discount rate. Any changes in these assumpts'ons, which
ar& disclosed in note 22, will impact the carrying amount of the pension asset or li8bility.
Page 21
TRILOGY ACTIVE LTD IFORMERLY UNITY LEISURE)
IA Company Llmlted by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
Income from charitable activttl•s
Unrestrlcted
funds
2023
Total
funds
2023
Total
funds
2022
Membership fees
Centre legs
Sales
Commisslon
3,843.179
1,486,424
513,441
4.347
144.116
3,843.179
1,486.424
S13,441
4,347
144.116
3,017,210
1,115,214
415,648
3,587
233,338
Miscellaneous income
Total 2023
5,991.507
5.991.507
4,784,997
Total 2022
4,784,997
4,784,997
Oth•r Incomlng r•sourc••
R•strf¢ted Unr•strlcted
funds
funds
2023
2023
Total
funds
2023
Total
funds
2022
Kings Heath Active England proioct
Street football project
Cinerna
Play and sport developmenl
Grant income
Job retendon scheme
1,125
1,125
6.250
2,900
29.082
35.437
570,816
173,301
93,719
93,719
94,844
817,786
Total 2022
2,900
814,886
817,786
Page 22
TRILOGY ACTIVE LTD (FORMERLY UNI LEISURE)
IA Company Limited by Guaianteel
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
Analysls of oxyndltur¢ on ¢hadtsble ¥¢tlvltl•s
Summary by fund type
Restricted Unrestrlcted
funds
funds
2023
2023
Total
2023
Total
2022
Operational staff costs
Purchases
Staff costs- HQ staff costs
Bank Charges
Insurance
Irrecoverablè VAT
Other costs
Governance costs
2.880,064
1.751,216
627.783
29,826
56,608
212,881
395,949
19,637
2.880,064
1.751,216
627,783
29,826
56,608
212,881
395,949
19.637
2,596.753
1,509.321
597.063
24.414
76,019
147,152
261.618
10.842
Total 2023
5,973,964
5,973,964
5,223,182
Tot812022
5,220,282
5,223,182
AudStorfs r•mun8ratlon
2023
2022
Fees payable lo the Compan$ auditor the audil of the Companls
annual a¢nts
17,250
15,500
Fees payable to th& Companrfs auditor in respect OTr.
All non-audil services not induded above
2,500
2,500
Staff costs
2023
2022
Wages and salaries
Social sècurty Costs
Contribution to defjned u)ntribution pension schemes
3.003.802
199,408
304.637
2,698,660
170,881
317,275
3.507,847
3,186,816
Page 23
TRILOGY ACTIVE LTD (FORMERLY UNITY LEISURE)
IA Company Llmlted by Guarant•e)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
Staff costs Icontlnuedl
The average numb&r of persons employod by the Company during the year was as follows..
2023
No.
2022
No.
Management antl administration
Oper8tion81
17
18
209
282
299
227
The number of employees whose employee benefits (excluding employer pension costsl exceeded
£60.000 was..
2023
No.
2022
No,
In the band £60.001 - £70.000
In the band £70,001- £80.000
In the band £80.001 - £90.000
In the band £100,001 - £110.000
The key management personnel comprise the Managing Director, the Finance DiT8Ctor, the Director of
Perforrnance, Planning Development and Operats"ons and the Dlreclor of Health and Wellbeing
Development Operations. The total employee benefils of key management personnel of th& Charity were
£279,78212022 - £229,7841-
Trustees. r•muneratlon and expon•es
During the year, no Tru$legs r1Ved any remuneration or other benefits12022 - £NILI.
During the year, no Trnslee enseS have been incuryed12022- £NILI.
Page 24
TRILOGY ACTIVE LTD (FORMERLY UNITY LEISURE)
{A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
10.
Intang5bl• assets
Computer
software
Cost
Al 1 April 2022
Addition3
41,453
42,009
Al 31 March 2023
83,462
Amortlsatlon
At 1 Aplll 2022
30,668
Al 31 March 2023
30,668
Not book valu•
Al 31 March 2023
52,794
Al 31 March 2022
10,785
Page 25
TRILOGY ACTIVE LTD (FORMERLY UNrfY LEISURE)
{A Company Limitèd by Guarant•o)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
11. Tanglble flxed assets
L•a$¢hold Othèr flxed
Improvements
assets
Total
Cost
At 1 April 2022
Additions
1.388.866
14.076
2,082,213
75,726
3,471,079
89,802
At 31 March 2023
1,402,942
2,157,939
3,560,881
Oepreclatlon
Al 1 April 2022
Charge for the year
836.820
120.657
1,808,545
115,788
2,645,365
236,445
Al 31 March 2023
957.477
1,924,333
2,881,810
Net book value
Al 31 March 2023
445,465
233,606
679,071
Al 31 March 2022
552.046
273.668
825,714
12.
Sto¢ks
2023
2022
Finished goods and good$ for rgsalo
26,319
29,928
13. D•btor$
2023
2022
Duo wlthln one year
Trade debtors
Other debtors
55,550
16,687
127.974
30,113
Prepayments and acwed Incle
81,521
200.211
111,634
P8ge 26
TRILOGY ACTIVE LTD (FORMERLY UNITY LEISURE)
IA Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
14. Credltors.. Amounts falllng du• wlthln one year
2023
2022
Bank loans
70,000
273,899
53,085
38,438
16,953
226,432
70,000
8,276
74.470
71.787
10.155
360,915
Trade creditors
Other laxallon and soclal secudty
Obligatlons under financè lease and hirg wrthase contracts
Other creditors
Accruals and doferred income
678,807
595,603
15. CT•dltors.' Amounts falllng due •fter more than one year
2023
2022
Bank loans
Nel obligalions under finan¢e10ose and hirg purchase contracts
163,833
94,473
233.833
149.290
258,306
383,123
Page 27
TRILOGY ACTIVE LTD (FORMERLY UNrrY LEISURE)
(A Company Limited by Guarantsel
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
16. Ststement of funds
Statement of funds- current year
Balance at
31 March
2023
Balance at 1
April 2022
Galn81
ILoss881
Income Expendituro
Unrostrl¢tod funds
General Funds - all funds
Pension reserve
1.475,774
753,000
6.086,351 15,793,964)
1180,000)
1.768.161
719,328
146,328
2.228,774
6.086,351 15,973,964)
146,328
2.487.489
Restrlctod funds
Reslridgd Fund$- all funds
Total of lund8
2,228,774
6,086.351
{5,973,9641
146,328
2,487,489
Page 28
TRILOGY ACTIVE LTD (FORMERLY UNITY LEISURE}
IA Cornpany Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
16. Statemént of funds Icontlnu•dl
Stat¢mont of funds - prlor year
Balance at
31 March
2022
Balance at
1 April 2021
Gainsl
(Lossesl
Income Expenditure
Unrestrlcteil funds
General Funds- 811 funds
Pension serve
817,173
1168.0001
5.599,883 14.941,2821
1279,0001
1.475,774
753,000
1.200,000
649.173
5,599,883 15,220,282)
1.200,000
2,228,774
R•8trl¢tod funds
Reslricled Funds- all funds
12.9001
Tatal of funds
649.173
5,602.783 15,223.182)
1,200,000
2,228,774
17. Summary of lund•
Summary of funds . current year
Balancè at
31 March
2023
Balance at 1
Aprll 2022
Galnsl
(Lossesl
In¢om• Exp•ndituro
General funds
2,228.TT4
6.086,351
15,973,964}
146.328
2,487,489
Summary offunds- prior year
Balance al
31 March
2022
Balance 81
1 April 2021
Gainsl
(Losses}
Irbcome Expenditure
General funds
Rostricted funds
649,173
5.599,883 {5.220.2821
12.9001
1,200,000
2,228,774
649,173
5,602,783
15.223.182)
1,200,000
2,228,774
Page 29
TRILOGY ACTIVE LTD (FORMERLY UNITY LEISURE)
(A Company Llmlt¢d by Guarant•¢l
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
18. Analysls ol net assets between fvnds
Analysls of n•t asset$ b•twoon funds - currnnt year
Unr•strl¢ted
funds
2023
Total
funds
2023
Tan9ible fixed assets
Intangible fixed assets
Current assets
Creditors due within one year
Creditors due in more than one yyar
Provisions for liabilities and charges
679,071
679.071
52,794
52,794
1,973,409
1,973.409
1678,8071 1678,8071
12S8,3061 1258,3061
719,328
719,328
Totsl
2,487,489
2,487,489
Anaty818 ol ntt aSSOts b•tw••n funds - prlor year
Unreslricled
fund$
2022
Total
funds
2022
Tangible fixed assets
Intangible fixed assets
Current assets
Creditors due within one yyar
Creditors due in more than orbe year
Provisions lor liabilities and charges
825,714
10.785
1,618,001
1595,6031
1383.1231
753.000
825,714
10,785
1,618,001
1595,6031
{383,1231
753,000
Total
2.228.774
2,228,774
Page 30
TRILOGY ACTIVE LTD (FORMERLY UNrrY LEISURE)
IA Company Llmit•d by Guarant•¢l
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
19. Reconclllatlon of net movorn8nt in funds to net cash flow from 0poran9 actlvltles
2023
2022
Nel income for the year las pgr Ststement of Financial Activilièsl
112,387
379,601
AdJu¥tm•nts for:
Depreciation charges
Arnortisalion charges
Decreasel(in¢rease) in slocks
Oécreasellincreasel in debtors
Decrease in ¢redilors
Defined benefit pension scheme movemonls
236.445
285.283
1.337
14.0721
272.215
1168.9931
279.000
3.609
188.5771
141,6131
180,000
N•t c•sh provldod by oporatlng a¢tlvltlo¥
402.251
1,044,371
20. Analysls of cash and Cash èqul¥alent•
2023
2022
Cash In hand
Money market fund
228,233
1,518,646
1.476,439
Total cash and ¢aJh equlvalents
1,746,879
1,476,439
21. Analysls of change8 in net debt
At 31 March
2023
2022 Cash flows
Cash al barbk and in hand
Debt due within 1 year
Debt due after 1 year
Finance lèases
1.476,439
170.0001
1233,8331
{221.0771
270.440
1.746,879
170,000)
1163,8331
1132,911)
70.000
88.166
951,529
428,606
1.380,135
Page 31
TRILOGY ACTIVE LTD (FORMERLY UNITY LEISURE)
IA Company Llmlted by Guarant¢el
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
22. Penslon commltments
The Company operates a defined benefil p8nsKJn scheme.
The charitable company operates a funded defined benefit scheme for the benefit of certain employees in
conjunction with a local 9ovemment defined benefil ptrnsion scheme. Entry lo the scheme was granted
through an Admission Agreemenl signed by the Pension Administrator, the Transferor (Wesl
Northamptonshire Council) and the Trust. Under the lem)s of this agreements the accrued benefits al the
lime of transfer11 April 20111 would be treated as fully funded and the contribution rale cal¢u181ed on this
basis. These figuies were calculated using Ihe assumptions in place at the ts'me of 31 March 2010
revaluatson.
The figures in Ih8Se 8c¢oun15 have b8en calculated in accordance with thè provision of Financial
Reporting Standard 102. This melhod of calculation uses a different set of assumptions than the actuarial
method dèscribed above. As such any surplus or deficit from an accounting perspective would not
necgssarily rgflecl the actual lundbng positlon using the valuation method. For this ygar's accounts the
Trust opted lo use a set ol bespokè assumptions which have been agreed with the Fund's Actuary.,
Hym8n Robertson LLP. These assumptions refled better the Trust's circumstances which are subtly
different frorn the main employers in Ihe fvnd. These assumptions afe consislenl with the Tequirernenls of
FRS 102.
The asseis ol the scheme are administered by truste83 in a fvnd independent from those of the charitable
company. Conlribulion5 are made both by (he omployer and employee and ace based on a percentage of
pensionable pay. In addition Ihe Trust makes a fixed sum payment lo pay back any funding deficit. This 1$
based on a 20 year repayment limefr8me. In the year ended 31 March 2023 Trilogy Active Ltd paid an
employ8rs' Contiibution ol £Nil12022.. £Nill representing O¥o12022.. 00/0) of employee contributions into the
Local Government Pension Sch6mè, which provides members wsth defined bènafits r8lalèd lo pay and
servlce.
Pension cosis are assessed in accordance wth Ihe advlc8 of a qualified actuary using the projgdod
method. The most recent actuarial valuatK)n ol the scheme wa$ at 31 March 2023.
Principal actuarial assumptions al the Balance Sheet dale (expressed as weighted averages1=
At 31 March Al 31 March
2023
2022
Discount rale
Expected relum on scheme assets
Future salary increases
Future pension increases
4.75
4.75
3.45
2.95
2.85
2.85
3.05
Page 32
TRILOGY ACTIVE LTD IFORMERLY UNITY LEISURE)
IA Company Llmlted by Guarant••l
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
22. Penslon comm5tmenls Icontlnued)
At 31 March Al 31 March
2023
2022
Y¢ar$
Y88rs
Mortalty ratss lin years)
- for a mala aged 65 now
- al 65 for a male 8ged 45 now
for a female aged 65 now
al 65 for 8 female aged 45 now
22.2
22.5
21.5
22.3
23.9
25.7
23.7
25.1
The Company's share ol the assets in the Scheme was:
At 31 March At 31 March
2023
2022
Equilles
Corporatè bonds
Property
Cash and other liquid assets
8,136,200
2,153,700
1,555,450
119,650
8,734,600
2,312,100
1,669,850
128,450
Total falr valu• of asstts
11,965,000 12,845,000
The actual return on scheme assots was El479.1)00112022 - £851.0001.
The amovnts recognised in Ihe Statement of Financi81 Actiwlies are as folh)ws'.
2023
2022
Current service cost
Interest income
Interest cost
1280.0001
291,0001
259.000
{266,0001
19,000
Employer contributions
82,000
Total amount rfrcognised In the SLitsment of Flnancial Actlvltles
1198,000)
1279,0001
Page 33
TRILOGY ACTtVE LTO (FORMERLY UNITY LEISURE)
{A Company Limitad by Guarant•o1
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
22. P•nslon commltments Intinued)
Movements in the present valu8 of the defined benefft obligation were as follows..
2023
Opening defined benefrt obligation
Interest cosl
Conlribulions by scheme partiCiP8nts
Actuarial gains
Benefits paid
Interest cost
Current servic8 cost
12,092,000
53,000
13,783,000)
1171,0001
118,0001
280,000
Closlng d?fln•d b•nafit obllgallon
8,453,000
Movements In the fair value of the Companls share of scheme assèts were as follows..
2023
Opening fair valua of sch8me assets
Expected relum on assets
A¢tuarial Ilossesygains
Contributions by employer
Contributions by Scheme participants
Bonefits paid
Derecoonluon ol penslon surplus
12.84S,000
1844,0001
82.000
53.000
1171,0001
12.792.672)
Closlng falr valu• of 8chem• ass•ts
9.172.328
Page 34
TRILOGY ACTIVE LTD (FORMERLY UNITY LEISURE)
{A Company Llmited by Guarants•l
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
23. Oporatlng least ¢ommltmonts
At 31 March 2023 the Company had commitrnents to make future minimum 18ase payments under non-
cancellable operatsng leases as follows..
2023
2022
Not later than 1 year
L81er th8n I ar and not latsr than S ye81S
92,000
198,750
92,000
290,750
290,750
382.750
Wesl Northamplonshire Counul provided the land and leisure cenlres al Mounts Baths and Danes Camp
Centre for the use by the charity to operate sports centres, rent free, throughout the year and prevlous
year.
Tho land and buildings of Lings Forum was prowded by W8St Northamplonshire Councll, rent free. under
a service agreement.
The land and buildings of Duslon Sports Centre was provided by Duston Parish Ccwjncil, rènt free. under
an operating 1g8se to 2027.
The land and buiklings of Cripps Recrealjcfflal Cgntre was provided by Northampton General Hospllal,
rent free, under an operatsng lease lo 2025.
The leases of these Pfemi5es are not capitalised as the charity do8s not hav8 control over any ol the
prgmisgs due to various restrictions in thelgasos. Improvements to the sports Centres arg capitalised and
depreciated over the period of the lease.
24. R•lated party transactlons
The charitable company has a funding agreernenl with West Northamplonshire Council lo provide leisure
facilities within Northampton. West Northamptonshire Council is a rnember of the company.
During the year the Trust made purchases from Wesl Northamplonshire Council of £2,610 {2022.. £7401
in relation to various Council provided serwces. As at 31 March 2023 included within creditors is an
amount ol £Nil12022.. £Nill owing to the Council. Sales were made lo West Northamptonshir8 Council of
£25,000 12022.. £23,407>. As at 31 March 2023 induded within debtors is an 8mounl of £Nil 12022:
£2,500) owed by th& Council.
During the year the Trust made sales to Northamptonshire Sport. a rnember of the Company. of
£103.29712022.' £151,634). As at 31 March 2023 included within debtors is an amount of £12,69612022.'
£12,696) owed by Northamptonshire Sport.
As detailed in note 23 the land and premises used by the charity in the operation of sports centres are
provided to the charity by (he following members.. Wesl Northamplonshire Council, Duston Parish Council
and Northampton General Hospit81. under operating leases al no charge to the charity.
Page 35
Registered number: 07555631
Charlty number: 1145613
TRILOGY ACTIVE LTD (FORMERLY UNITY LEISURE)
(A Company Llmlted by Guarantee)
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
TRILOGY ACTIVE LTD (FORMERLY UNITY LEISURE)
IA Company Limited by Guarantee)
CONTENTS
Page
R8f•rence and Administralive Details of th• Cornpany. lis Trustees and Ad¥ig•rs
Tru$lo0$' Rgport
Independent Audltor's Report on the Flnanclal Statements
9-12
Stat8m8nt of Flnanclal ActivSt588
Balance Sheet
14-15
Statsment of Caih Flow8
Not9$ lo tho Flnan¢lal Stat•m8nts
17-35
TRILOGY ACTIVE LTD (FORMERLY UNrfY LEISURE)
{A Company Llmlt8d by Guarant¢o)
REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 MARCH 2023
Trusts•$
C J Holm8S
M T Sawyer
W Pope
A K Ellis
P Jones {resign8d 7 O¢tober 20221
S Adams
D Crowlher {resigned 29 August 20231
S Scales
N L Hinch {reSned 6 Juty 2023)
K Jolley (appointed 10 June 2022, resigned 25 Juty 20231
K Mcfadyen (appointed 25 July 20231
R Collar lappoinled 25 July 20231
M Robinson (appointed 25 Juty 2023, resigned 24 October 2023}
Company roglster•d
numb•r
07555631
Charlty reglst•red
numb¢r
1145613
R8g18t8r•d offl¢•
Unity House
78 Robert Street
Northampton
NNI 38J
Company s•cr•tary
R J Austin
Managlng dlrector
J Fletcher
Indep•nd•nt aUdOr
MHA
Century House
The Lakes
Northampton
NN4 7HD
Page 1
TRILOGY ACTIVE LTD IFORMERLY UNITY LEISURE)
IA Company Limited by Guarantee)
REFERENCE AND ADMINISTRATIVE DETLs OF THE COMPANY, ITS TRUSTEES AND ADVISERS
ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2023
Bankers
HSBC Bank
Sl Clair House
5 Old Btsdford Road
Northampton
NN4 7AA
Mombors
C J Holm8$
M T Sawyèr
Wesl Northamptonshire Council
Connoclod Together CIC Iformerly Heatthwatch Northamptonshlre CIC>
University ol Northampton
Northamplonshire County Cricket Club
Voluntary Impact Northamplonshire
Northamptonshire Sport
Duslon Parish Council
Northampton Genoral Hospital
Age UK Northamptonshire
Northamptonshire Chamber of Commerce
Page 2
TRILOGY ACTIVE LTD IFORMERLY UNITY LEISURE)
IA Company Limit•d by Guaranto9}
TRUSTEES, REPORT
FOR THE YEAR ENDEO 31 MARCH 2023
The Trustees present their annual report together with the audited financial statements of the Company for the 1
April 2022 10 31 March 2023. The Annual Report serves the purposes ol bolh a Trustees, report and a directors,
report under company law. The Trustees confimi that the Annual Report and financial slalemenls of the
charitable cornpany comply with the current statutory requirements. the requirements of the charitable companls
goveming document and the provisions of the Ststemenl of Recornmended Practice ISORPI applicable to
charities preparing their accounts in accordance wilh the Finanaal Reporting Slandard applicabl& in the UK and
Republic of Ireland IFRS1021 leffeclive 1 January 20191.
Slnce the Company qualifies as small under section 382 of the Companies Act 2006, the Slraleglc Report
required of medium and large companies under the Companies Act 2006 IStrale9ic Report and Directors,
Report) Rogulations 2013 has been omitted.
Oble¢tlv•s and actlvltles
a. Pollcl•* and obJectlv•*
'Inspiring Active Lifestyles,
The Trust has sel itself five priorities..
To ¢r88te 8nd dellv&r Inlliallves for the improvement of health & wellbelng across the geographlcal ar88
we serve.
To improve on the social impact and value of our services.
To ¢onts'nyousty irnprovg customor sorvi¢g and ioumey by dglivoring high quality services and facllllies.
To generate income and Sufpluses lo allow us to invest, improve and inciease our leisure offer.
To enhance our skilled and motsvate(I workforce.
In setting objectives and planning for aclivilies. the Trustees have given due con5ider8tion lo general guidance
published by the Charity Cornrnission relating to public benefit, including the 9uidance 'Public benefit.. running
charity IPB2}'.
b. Achlev•ments and perfomian¢•
The Trust has performed well for the year in question. We have continued lo recover our membership base
following Covid and continue to maintain strict control over expenditure. As a result we have been able to d91iver
one of the best years in temis of financial stjrplus. We have now rVered all of the losses wo inctjrred during
covid and our reserves are now greater than the £600,000 level as set out in our slrat8gy.
¢. Main activities undertaken to further the Companrfs purposes for the publSc benefit
The Trustees have referred to the Charity Commission's guidan on public benefit when deciding on the
activities Trilogy Active Ltd provides. Trilogy Acbve Lld provides public benefit in the followng ways..
To promote for tt)e public benefft the provision of facililies for recreation OT other leisure lime occupati¢
for individuals who have need of such facilities by reason of their youth, age, infirmity or disablement,
rinancial hardship or social and economic ryrcumstances or for the public at large in the interests of socia
wgllare and with the object of improving their conditions of life.
To advance heahh for Ihe public benefit by promling parkn"cipation in healthy exercise and physical
activity.
To advance education in the arts ft)r Ihe public benefil in particular not exdusively by the maintenance
and management of a cinema.
Page 3
TRILOGY ACTIVE LTD (FORMERLY UNrrY LEISURE)
IA Company Limitéd by Guaran>
TRUSTEES. REPORT ICONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
Achlevem•nt$ and perlonnan¢¢
a. Koy p•rf0Man Sndl¢atorn
Before accounting adjustments lor pensions. we delivered a $urplu$ lor the year of £298.387. This was driven by
the following.,
A detailed review of our ¢osl base which resulted in us reducing our staffing costs by almost £1 m from
our pra-covid levgl wrthoul the need for any compulsory redundancies.
By focusing on our core income streams we were able to bring back our members much quicker than
èxpected.
W& kept a close eye on all expenditure, adopling an essential sp8nd onty policy.
Ongoing support from central Govemmenl in the fom ol grants.
b. Rèvlèw of actlvltlfr¥
Wè continue lo devekJp and enhance the our facilities to improvg the customer experience. The year ending 31
March 2023 was primarity focussed on business rewvery and gelling the business back lo pre-pandemic levels.
We though now seeking lo stsrt lo devekjp and expand the business and neooli8tions are on90ing regarding thg
purchase of a softplay buslness encompassing two sile and the acquisition of a single site charitabl@ leisure
operator.
Flnanclal rovI•w
. Golng conc8rn
After making approprialg enquiries, the Trustees have a 8$onable expeclalitsn that the Company has adequate
rgsources lo continue in operational existence for the foreseeable fulure. For thi5 reason, they continue to adopt
the going concefn basis in prep8ring the financial statements. Further detsils regarding the adoption ol the going
concèm basis can be found in the accounting p)li¢ios.
b, R•s8rv•$ poll¢y
The reserves pollcy for the Trust sets out the cash target levèl of reserves of £600,000. This figuro Is made up of
two key components namely.
£300,000 being the amount neede(J to manage flucluations in Cash flow
£300,0Tr) being the amount needed to manage unforeseen expenditure or drops in incomg
We currently do not sel aside any amounts to meel future expenditure as this can 811 be funded by ongoing
revenue. 11 is Ihough part of our strategy to develop 8 new reserye of up lo £400.000 so that we can take
advantsge of opportunities as they come about.
As al 31 March 2023 the value ol cash reseNes held was £1.746.879 {2022- £1.476.4391.
Page 4
TRILOGY ACTIVE LTD (FORMERLY UNITY LEISURE)
{A Company Limited by Guarant•el
TRUSTEES. REPORT {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
structure, governanc8 and manag¢m•nt
Con8titutl¢n
The Company is registered as a charitable company limited by guarantee {company number.. 07SS5631).
governed by Memorandum and Articles of Association and was sel up by a Trust deed in 2012.
The ¢ornpany is constituted under a Trust d6ed and Is a registered charity and holds th8 règistration number
1145613.
The principal object of the Company is to operale for public benefit, facillties and services for lelsurg and
reueation and be sustainable.
The charitable company op8rales under the name 'Northamplon Leisure Trusv.
b. Mothods of appolntm•nl or o18¢llon of Tru$tw•
The management of the Company is the reswnsibility of the Trustees are èlected and co opted undor the
terms of th8 Trust deed.
c. Pollcles adoptsd for the Inductlon and tralnlng ol Tru$to9¥
Trustee5 afe appointed and their conduct governed by Ihe charitsble company's Articlès ol Association and
Code of Conducl. New Trustee$ aro ro¢ruitod through local advertisements and any appointment would bg
based on an assessment of the required abilities and. rf appropriate, specialist skills required by the board. All
current Truslges have received training to brief them on their legal obligations under charity and company law,
the conlenl of the Memorandum and Articles of Association, the commitlee and decision making process, the
Business Plan and financial monitorin9 of the charitable compan¥s perforniance. Any new Trusleelg) will receiv
8 commensurate level of training in accordance wlh the Trustee induction policy. None of the Trustees receive
rgmun9ralion or other benefit from their work with the charitsble company.
d. Pay poll¢y for s•nlor staff
The rernuneration of the Managing Director and the Finance Director is consldered by a Remuneration
Committee. Other pemianenl staff are remunerated using an evaluation model promoted by the Joint
Negotiating Council. Where this is not appropriate, maTkel rates are applied. Remuneration is based on a
cornbinalion of market rates. perfomiance and the need to relain key members of staff.
•. Organlsatlonal structuro and dacision making
The 8oard of Trustees. whith can contsin up lo 15 members, administers the charitable company. The board
m80ts on a bi monthty basis there are the folbwing sub committees..
Audit Committee.
Remuneration Committee.
The Managing Director and the Finance Director are appointed by Ihe Trustees to manage the day lo day
operations of the charitable company. To facilitate effeclive operations the Managing DiTeclor and the Finance
Director have delegated authority, wthin the temis of delegation approved by the Trustees, for all operational
and administrative functions induding finance. HR arHJ IT.
Pag& 5
TRILOGY ACTtVE LTD {FORMERLY UNITY LEISURE)
IA Company Lirnited by Guarantee)
TRUSTEES. REPORT {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
Structure. govemance and management (continued)
f. Risk rnanagement
The Twslees have a risk management strategy which comprises..
An annual review of the risks the charilabl8 company may fac8:
The establishment of systems and procedures to mitigate Ihose risks identified in the plan,.
Impl8maniation of procedures designed to minimise any polenb'al impact on the charitable company
should those risks malerialise.
This Work has identified that rinancial SustairbIllty 1$ the majof financial risk for the charitable company.
Particular attention has focused on financial risk regard lo the FRS102 pension liability, assessing Trilogy
Active Lld's exposure lo its facilitses repair and maintenance costs, the monthly monitoring of trading
performance together s*ith an assessment of the key perfomiance indicators and the implementation of a
prudent reserves policy.
Non financial risk is also regulady assessed wlh regard lo company operations and ensuring continued usage of
18¢ililies through capitsl investment strategy and operational activity reviews. In particular, work has baen
undertaken lo Identify and miligale hèalth and safety issues wlhin operational areas. This approach lo rlsk
managamenl has resulted in better emèrg6ncy procedures and conlingancy plans and has given Ihg Impetus for
bellgr planning and Servi delivery.
Plan8 for futuro rIodS
Our strategy as a company is lo work with all our partneryJ in health and local govemmenl lo improve the
wellbeing lor the people in the areas we work. To do this we recognise the need lo train and develop our staff as
we11 as developing the products and services we offer. A key parl of our strategy is to onsurfj that everyone h88
access to activities and lo remove any historic barriars thal prgvfjnled their participation.
We are eonscious that our main contract wilh Wesl Northampton$hir8 CoLFnciI expir8s on 31 March 2026. Wesl
Northamplonshire Counul have advised that they do not intend to honour the agreement reached with
Northampton 8orough Council to extend the coniract until 31 March 2041. Instead they intend lo go through a
competitive tenderin9 process. We will of course do all we can lo relain the contract without taking on any undue
financial risks. In order lo ensure that the company remains financially viable in the event that we do not relain
the Northampton contact, our strategy is to use the surpluses we have generated to grow the business through
acquisitions and new facilities. We are in negotiatson to purchase a soft play businoss that operato two separate
siles as well as a deal that would see us take Ctrol of a single sf(e charitable leisure ¢omp811y.
Funds held a$ ¢u$todlan
There are no funds held as Custodian.
Page 6
TRILOGY ACTIVE LTD (FORMERLY UNITY LEISURE)
IA Company Limited by Guarantee)
TRUSTEES. REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2023
Engagoment wlth èmploy••s and employm•nt of tho disabl8d
Employees havfr been nSUlted on issues of concem to them by means ol regular consul¢alive committee and
slatt meetings and have been kept infomled on specific matters direcuy by management. The Company carries
out exil interviews for all staff leaving the orgar)isalion and has adopted a procedure ol upward feedback for
sgnior management and the Truslges.
Th8 Company has implemented a number of detsiled policies in relation lo all aspects of personnel matters
Including..
Equal opportunities policy.
Volunle8rs' policy.
Health & $81ely policy.
In accordance with the Companys equal opportunities policy. the Company has long4stsblish8d falr
omployrnant practices in thg rgcruilment. selectn, retention and Iraining of disabled staff.
Full details of these policies are available from the Companys offices.
Statement of Trustees. ro8pon•lblllll•s
The Trustees (who are also Ihe directors of the Company lor the purposes of company lawl are responsible for
preparing the Trustees. Report and the financial statements in accordance wilh appIlble law and United
Kingdom Accounling Standards (Uniled Kingdom Ggnerally Acceplei1 Accounting Practice).
Company law requires the Tnjslees lo prepa financial slalemenls for each financial year. Under company law,
the Truste88 musl not approve the finanu81 slalements unless they are satisfied that they give a true and fair
vlew ol the slate of affairs of the Company and ol its incoming resources and application of resources, including
its income and gxponditur8, for that period. In preparing Ihose financial ststomonts, the Trustoes are required lo..
select suitable accounting poliaes and then apply them consistently,
observe the rnethods and principles of the Charities SORP IFRS 1021.,
make judgments and accounting estimates that are reasonable and prudent..
stsle whether applicable UK Accountsng Standards IFRS 1021 have baen followed, subject lo any malgrial
departures disclosed and explained in the finanaal statements.,
prepare the financial statements on the going concem basis unlass it is inappropriata to pr8SUrng that tho
Company 11 contsnue in buwness.
The Trustees are responsible for keeping adequate accounting records that are SLrfficienl lo show and explain
the Cornpanls transactions ar disclose with reasonable accuracy at any time the financial position of the
Company and enable them to ensure that the financaal statements comply tha Companies Act 2006. They
are also responsible for safeguarding thg assets of the Company and honce for taking reasonable steps for the
pr&venlion and detection of fraud and other irregularities.
Page 7
TRILOGY ACTIVE LTD {FORMERLY UNITY LEISURE)
IA Company Limitèd by Guarant¢•)
TRUSTEES. REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2023
Dl$¢lo$ure ol Infomiatlon t¢ auditor
Each of the persons who are Trustees al time when this Trustees. Report is approved has confimied Ihal..
so far as thal Trustee is aware, there Is no relevant aLTt infomialion of which the charitls auditor is
unaware, and
that Truslge has tsken all the sleps that ought to have been taken as a Trustee in order to be aware of
any rel8vanl audK inf0miaOn and to establish that the charitys auditor is aware of that infomiation.
Audltor
Following a rebranding exercise on 15 May 2023 the trading name of the Cofnpanls independent auditor
changed from MHA Maontyre Hudson lo MHA. A resolution lo reappoint MHA as independent auditor will be
proposed al the next Annual General Meeting.
Approved by order ol the members ol the board of Truslees and signed on their behalf by..
S Adams
Chairman
Dale..
Page 8
TRILOGY ACTIVE LTD (FORMERLY UNrr¥ LEISURE}
IA Company Llmltèd by Guarante¢)
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF TRILOGY ACTIVE LTD (FORMERLY UNrrY
LEISURE}
Oplnlon
We have audited the financial ststem8nts of Trilogy Active Ltd Ifomiorly Unity Leisurel (the 'charilable company'l
for the year ended 31 March 2023 which compiise the Stalernenl ol Financial Activities. the Balance Sheet, tho
Slalement ol Cash Flows and the related notes, incILlg a summary of significant accounting policies. The
financial reporting framework that has been applied in their preparation is applicable law and United Kin9dom
Accounting Standards. including Financial Reptyb'ng Standard 102 'The Financial Reporting Standard applicable
in the UK and Republic ol Ireland. Iuniled Kingdom Generally Accepted Accounting Practice).
In our opinion the financlal slalemenls..
glve a true and fair view of the state of the charitable companvs affairs as at 31 Mar¢h 2023 and of ils
Incoming resources and application of resources, induding ils income and expenditure for the year thgn
ended;
have beon properly prepared In a¢[d81Th with Unned Kingdom Generally ApId A¢counting
Practice,. and
have been prep8red in accordance wth the requiremènts of th8 Companies Act 2006.
8asl8 for oplnlon
We condu¢te(l our audll in accordance with Internation81 Stsndards on Auditing IUKI IISAS IUKII and applicabl8
law, Our responsibilities under those slandar¢Js are further described in the Audllorfs responsibilities for the audit
of the finanaal slalemenls section of our rew)rt. We are indendent of the charitable company in accordance
with the ethical requirernenls that are relevant lo our audit of the financial stalements in the Unit9d Kingdom,
including the Financial Reporiing Council's Ethical Slandard, and we have fulfilled our other ethical
responsibilities in aordance these requirements. We believe thal the aut1il evidence we havtr obtained is
sufficient and appropfiate lo provide a basis for our opinion.
Concluslon¥ relating to going concern
In auditing the financial statements, we have concluded that ihe Trustees, use of the going concem basls of
accounting in thè pr8paratson of the financial stslemenls is appropriate.
Based on the work we have perfomed. we have nol identified any material uncertainties relating to events or
conditions that, individually or eollectively, may east significant doubl on the charitable companls ability to
continue as a going ¢on¢em for a pgric4J of al least months from when the financial statements are
authorised for issue.
Our responsibilities and the responsikn'lilies of the Trusteès wth respect lo going concern are described in the
relevant Sections of this report.
Page 9
TRILOGY ACTIVE LTD (FORMERLY UNITY LEISURE)
IA Company Limited by Guarantee)
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF TRILOGY ACTIVE LTD (FORMERLY UNITY
LEISURE) {CONTINUED}
Other Inforniatlon
The olh&r informats.on comprises the infomalion induded in the Annual Report other than the financlal
statements and our Audilorfs Report Ihereon. The Trustees are responsible for the other information conlaSned
within the Annual Report. Our opintron on the financial statements does not cover the other infomialion and.
except lo the extent othe1$e explicilly stsled in our report. we do not express any fomi of assurance conclusion
Ihereon. Our responsibility is to read the other infomalion and, in doing so, consider whelh&r the other
information is materially inconsislenl with the financial statemen15 or our knowledge obtsined in the course of the
audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent
material misstatements, we arg required lo detemiine whelher this gives rise to a material misstatement in the
financial statements themselves. If. based on the work we have pertomied. we conclud6 that there is a material
rnisslalement of this other information. we are required to report that fact.
We havo nothing lo rgvt in this rogard.
Matters on whlch w• ar• requlr•d to report by •xcopllon
We have nothing lo report in respect of the following matters where the Charitses (Accounts and Reports)
Regulations 2008 requires us lo report lo wju if. in our opinion..
the infomialion given in the Trustees, Report is inconsistent in any material respect with the financial
slalemenls., or
sufficient account5ng records have not been kepl: or
the financi81 slalements are not in agreement wilh the accounting rgcords and rgtums.. or
we have not CeIVed 811 the Infomialn and gxplanotKJns we roquire for our 8udil.
R•sponslbllltS01 of trustees
As explaSned more fully the Trustees, Responsibililie$ Statement. th8 TTustae$ (who ar8 also th9 directors of
the charltsble company for Ihg purposes of company lawl are responsible for the preparation of the financial
Stalernents and for being satisfieil that trsey give a true and fair view. and for such inlem81 contro1 as the
Trustees delerrnine is necessary to enable the preparation of financial slalemenls that are free from material
misstslemonl, whelhgr due lo fraud or error.
In preparing the financial ststements, the Trustees are responsible for assessing the charitsble companls ability
lo continue as a going concem, disclosing, as applicable. matters related lo going concem and using the going
conrn basis of accounting unless the Trustees either intend to liquidate the charitable company or to cease
operations, or have no realistic altemative bul to do so.
Page 10
TRILOGY ACTIVE LTD IFORMERLY UNITY LEISURE)
IA Cornpany Limited by Guarantee)
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF TRILOGY ACTIVE LTD IFORMERLY UNI
LEISURE) ICONTINUEDI
Audltorfs responslbllltl•s for th• audlt of th• financlal statements
Wfr have been appoinled as auditor under the Companies Act 2006 and report In accordance ¥th the Act and
relevant regulation5 made or having effect Iher8und8f.
OUT objectives are lo obtain reasonable assurance about whether the financial statements as a whole are free
from material misstatement, whether due lo fraud or error. and lo issue an Audito¢s Report that includès our
opinion. Reasonable assurance is a high level ol 8ssur8nce. bul is not a guar8nle& that an audit conducted in
accordanc& wth ISAS IUKI will aayS delect 8 maleiial misstalernenl when il exis15. Misstalemenls can arise
from fraud or error and are considered malerial if, indiwdually or in the ag9regate, they could reasonably be
expected lo influence the aconomic decisions of users taken on the basis of Ihesg financial slalements.
Irrogularilies, Sncludlng fraud. are Instsnces of non-compliance with laws and regulatlons. We dèslgn procedures
In Ilne with our responsibilities, outlined above, to ¢Jelècl material misstatements in respect ol irTegulaTilies.
including fraud. The extent lo which our procedure5 are capab18 of detecting irregularities. in¢luding fraud is
detailed below..
Obtaining and undgrstanding of the legal and regulatory frameworks thal the Charfty operates In, f¢xusSng
on those laws and regulations that h8ve a tjirect effect on the financial slalemenls.,
Enquiring of management and Truslees around known or suspected instances of non compliance of laws
and regulations and fr8ud-
Discussing among the engagement l¢am regarding how and wherg fraud might occur in the flnancial
statements and any polential indicators of fraud.,
Reviewing minutes ol meetings ol those charge¢J with govemance,.
Reviewing financial stalemenl disclosures and lesling lo supporting documentation lo assèss compliance
with applicab5e laws and regulations.
Performing audit work in relation to the risk of managomont override, including tgsts'ng ofjoum81 entries
and other adjustments for approprialengss an(J rewgwing accounting eslimales for blas.
A further description of our responsibilities for the audit ol the financial ststements is located on the Financial
Reporting Council's website al.. wv4w.fTC.Of
.uklauditorsres
nsibilities. This description forms part of our
Audilorfs Report.
Page11
TRILOGY ACTIVE LTD (FORMERLY UNrfY LEISURE)
IA Company Limited by Guarants•l
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF TRILOGY ACTIVE LTD {FORMERLY UNITY
LEISURE) ICONTINUEDI
Us• ofour r•port
Thbs report Is made solely to the charitable companvs trustees. as a body. in accordance with Part 4 of the
Charities IAccounts and R&port$l Rggulations 2008. Our audit work has b&en undertaken so that we might slate
lo the charitable company's trustees those matters we are required to stsle lo them in an Audilorfs Report and
for no other purpose. To the fullest exlenl permitted by law, we do not accept or assume responsibility to anyone
other than the charitable cornpany and ils members, as a body, for our audit work, lor this report, or for the
opinions we have formed.
Robecca Hughes Bsc IHon$l FCCA (Senlor Ststutory AudltOf}
for and on b•half of
MHA
Slalulory Auditor
Northampton
Dale.. 21 November 2023
MHA is the trading name of Maclntyre Hudson LLP. a limited liability partnetship in England and Wales
Iregislered number OC3723131.
MHA are eligible lo act as auditors in terms of section 1212 of ihe Companies Acl 2006.
Page 12
TRILOGY ACTIVE LTD (FORMERLY UNITY LEISURE)
IA Company Llmited by Guarant•e}
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31 MARCH 2023
Unreslrlctèd
funds
2023
Total
funds
2023
Total
funds
2022
Note
Incorno trom:
Charitable act'vilies
Other income
5.991,507
5,991,507
4,784,997
817,786
Total Incom•
6,086,351
6,086,351
5,602,783
Exp6ndltur• on:
Charitable acty'vilies
5.973.964
5.973,964
5.223,182
Tolal •xp•ndltur•
5.973.964
5,973,964
5.223,182
Not mov•m•nt In funds lOr• oth•r recognl$•d
galns
112,387
112,387
379,601
Other re¢ognl8•d galns:
Actuarial gains on defined benefit pension $¢hemes
146,328
146,328
1,200,000
Net mov•m8nt In funds
2S8,715
258,715
1,579,601
Reconclllatlon ol funds:
Total funds brought forward
Net movement in funds
2,228,774
2$8,715
2,228,774
258,715
649,173
1,579,607
Total funds carrl•d forward
2,487,489
2,487,489
2,228,774
The Statement of Finanaal Activilies includes all gains and losses recc*Jnised in the year.
The notes on pages 17 10 35 form part of these financial stalemgnts.
Page 13
TRILOGY ACTIVE LTD (FORMERLY UNITY LEISURE)
IA Company Limited by Guarantee)
REGISTERED NUPh8ER: 07555631
BALANCE SHEET
AS AT 31 MARCH 2023
2023
2022
Note
Flx8d asséts
Intangibl8 assets
Tangible assets
10
11
52,794
679,071
10,785
825,714
731.865
836,499
Currènt a$$•ls
Stocks
Debtors
Cash al bank and in hand
12
13
26,319
200,211
1.746,879
29,928
111,634
1,476,439
1.973,409
1,618,001
Creditors.. amounts falling due wilhin one
year
14
{678,8071
1595,6031
N•t Current as$*ts
1.294,602
1,022,398
Total a8$ets1•$8 ¢urr¢nt IlabllltS••
2.026,467
1,858.897
Creditors.. amounts f811ing due after more
than one year
15
1258,306)
1383.1231
N•t as8•ts •x¢luding p•n$lon ass•t
Defined benefit pension schème asset
1,768,161
1,475,774
719,328
753,000
Total net a$set$
2,487.489
2,228,774
Charlty fund$
Restricted funds
Unrestrided funds
Unrestricted funds excluding pension liability
Pension reserve
16
16
16
1,768.161
719.328
1,475,774
753,000
Total unrestricted ftbrHJy
16
2.487,489
2,228,774
Total funds
2,487,489
2,228,774
P8ge 14
TRILOGY ACTIVE LTD IFORMERLY UNITY LEISURE)
IA Cornpany Limited by Guarantee)
REGISTERED NUMBER: 07555631
BALANCE SHEET ICONTINUEDI
AS AT 31 MARCH 2023
The entity was entitled to exemplion from audit under section 477 of the Companies Act 2006.
The members have not Tequifed the entity lo obtain an audit for the year in quesb'on in accordance with section
476 of the Companies Act 2006.
However, 8n audil is required in accordance with section 144 of the Charibe5 Act 2011.
The Trustees acknowledge their responsibilitses for complwng wtth the requirements of the Act with respèct lo
accountin9 records and preparation of financial ststemenls.
The finandal stst8ments have been prepared in accordance wth the provisions applicabl8 to gnfjties subject to
the small companies regim8.
The financial slalemenls were approved and authorised for Issue by the Trustees and slgngd on their behalf by..
S Adams
Chairman
Dale..
2&*AJai 2025
The notes on pages 17 to 35 fomi part of these financial slalèmenls.
Page15
TRILOGY ACTIVE LTD {FORMERLY UNITY LEISURE)
IA Company Llmltad by Guarante•l
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2023
2023
2022
Not•
Ca$h flows from op8rating activities
Nel cash used in operaling aclivities
19
402,251
1,044,371
Cash flows from Investlng actlvltles
Proceeds from the sale of intangible assets
Proceeds from the sak ol tangible fixed assets
Purchase of intangible assets
Purchase of tangible fixed asse15
3,884
11,019
142,0091
189,8021
110.3481
Not ¢ash lu8•d Inllpfovlded by Inyestjng a¢tlvltle8
1131.8111
4,555
ash flows from flnanclng 8ctlvbtl•s
R9paymenls of finance leases
{189.0871
Nèt cash provlded byllused In) Ilnanclng acllvltl•s
1189,087)
Chango In cash and cash •qul¥al•nts In the year
Cash and cash equivalents at the beginning of the year
270,440
859,839
1,476,439
616,600
Cash and Cash ¢qulval¢nts at tho end ol the year
20
1,746.879
1,476,439
The notes on pages 17 10 35 form part of these financial statements
Page 16
TRILOGY ACTIVE LTD (FORMERLY UNITY LEISURE)
(A Cornpany Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
Gangral Informatlon
Trilogy Active Ltd Ifomerfy known as Unity Leisurel is a private limited company limited by guarantee and
registered in England and Wales. Registered company number 07555631 and tharity number 1145613.
The registered offictr and principal trading address is Unty House. 78 Robert Streel. Northampton,
Northamplonshire, NN1 3BJ.
Accountlng pollcles
2.1 Bas1$ ol pr¢paratlon of flnan¢lal statements
The financial statemenls have been prepared in accordancg With Ihe Charities SORP {FRS 1021
Accounting and Reporting by Charilies.. Stalemenl ol Recommended Practice applicable to charities
preparing their accounts in accordance with the Financial Reporting Standard applicable in Ihg UK
and Republic of Ireland IFRS 1021 leffective 7 January 20191, the Financial Reporting Standard
applicab in the UK and Republic of Ireland IFRS 1021 and the Companigs Act 2006.
Trilogy Adive Lld Iformerfy Untty Leisurel meets the definition of a publlc bènefit ènlily under FRS
102. Assots and liabilities are initially recognised al hlstorfcal cost or transaction value unless
olherwise slated in th& iejevanl accounkn.ng policy.
2.2 Golng concem
The Trustfjes have not identified any material uncertainties that may cast significant doubt about the
ability of the ¢h8ritsble company lo eonlinLte as a going concern. The chariiable cornpanls business
activities, together with the factors likely to affecl its future development, perfomiance and position,
ils cash Ilows and liquidity position have been assessed. The charitable company has sufficient
finanaal resources togelhèr long lem) contracts lor 811 of ils six trading cenlres. The Trustees
understsnd that the transactions thal arè required lo be placed in our financial statemènts in relation
to our nSIOn fijnd are prepared in aordanCe wilh assumplions sel by FRS 102 and produce a
rnaterial different set of figures than those produced by the pgnsK)ns fun(1 actuary for the purpose of
calculating ouf actual share of assets and liabilities as well as those used lo assess conlribulion
levels. The Trustees also understand that, in accordance with the laws and regulations surrounding
the operation of the pension fund, the recovery of any difference between the assets and liabilities on
the fund will be agreed and sel at each lriennial valuation. and are based on 8 20 year recovery
period. As a consequence, the Trustees believe that the charitable company 15 well placed to
manage its business risk successlulty.
Based on these assessmenls and having regard to the resources 8vailable lo the charitable
company. the Truste8s hav8 concluded that there is no material uncertainty and thal they can
continu8 to adopt the going nCeM basis in preparing the annual report and accounts.
Page 17
TRILOGY ACTIVE LTD (FORMERLY UNITY LEISURE)
IA Company Limltèd by Guarant••)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
A¢¢ountlng poll¢los 1contlnul
2.3 Income
All income is recognised once the Company h85 entitlement lo the income. it is probable that the
income will be received and the amount of income receivable can be measured reliably.
Membershlp fe&$
Membership fees are amounts payable lo Trilogy Active Ltd on 8 monthly basis for usage of the
leisurè facilities. Details of the various membership categories and the benefits they offer can be
found on our website al wY.tri1D9eisUre.co.Uk.
Cantrg f••s
Cgnlr8 fees are amounts payable lo Trilogy Active Ltd on a visil-by-visit basis for usag8 of the lelsure
facilities. Details of opening times, adivity tables and charges are all available on our website.
Managom8nt f•0$
Mana9emenl fees are the fees paid by Wesl Northamplonshir8 Council for the operation of the
facilities and the Pfovision ol a Sport and Play Developmerbl service.
Grants recelvabl•
Grants are xcountgd for when conditnS to enliuemenl have been met.
Income lax recoverabb in relation lo investmenl incorne is recognised at the timo the investment
income is receivable.
Other Income is recognis8d in the perlod in which ¢1 is fecelvable and lo the extent the g¢XJds hav8
been providg(J or on completion of the service.
2.4 Expendlturt
Expenditure is recognised once there is a legal or constructive obligation lo transfer economic benefit
lo a third p8ty. il is probable that a transfer of economic benefits will be required in settlement and
the amount of the obligation can be measured reliably. Expendituro is classified by activity. The c0518
of each activity are made up of the lotal of direcl costs and shared costs, including support costs
involved in undertaking each activity. Difect costs attributable lo a single activity are allocated directly
to that activity. Shared Costs which contribute lo move than one activity and SLtpport costs which are
not attributsble lo a single activity are apportioned betsveen Ihose activities on a basis consislenl with
the use of resources. Central staff costs are allocated on the basls of tlme spent. and depreciation
charg8s allocated orb the portion of the asset's use.
Expenditure on charitable activities is incurred on directy undertaking the a¢tivities which further the
Companys objectives, as well as any associated support costs.
All expenditure is inclusive of irrecovernble VAT.
Page 18
TRILOGY ACTIVE LTD (FORMERLY UNrrY LEISURE)
{A Company Limitsd by Guarant¢•)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDEO 31 MARCH 2023
Accountlng pollcles Icontlnuedl
2.5 Intanglble assets and amortlsatlon
Intangible a5se15 costing £1,000 Of more are capitalised and recognised when futuro econornic
benefits are probable and the cost or value of the asset can be measured reliably.
Intangible assets are initialty recognised al wsl. After recognition. under the cost model, intangible
assets are measu 81 cost less any accumulated amortisation and any accumulated impairment
losses.
Amortisation is provided on intangible assets at rates calculated to write off the cost of e8ch asset on
a straighl-line basis over ils expected usefvjl life.
Thg estimated useful Ilves are as folbws..
Computer sOfare
S ygar¥
2.6 Tanglble fixed a¥•et• and depreclatlt)n
Tangible fixed assets costing £1.C(JO or more are capitalised and recognised whèn future economlc
benefits are probable and the cost or value of Ihe asset can be measured reliably.
Tangible fixed assets are initially recognised al cost. After recognition. under the cosl modgl. tangible
fixed ass8ts are measured at cost less accumulated depreciation and any accumul8t8d impaimienl
losses. All costs incurred to bring a tangible fixed asset into its intendèd working condition should bè
Includgd in the m8asur8mgnt of cost.
Depfecialion is charged so as lo alhxale the cost of tangible fixed assets less their residual value
over Ih8ir estimated useful INes, using the straigh14ine method.
Depreualion is provided on the fdlowng bases:
Leasehold propety
improvements
Plant and machinery
5- 10years
Motor vehicles
- 5 years
Office equipment. fixtures and - 5 - 10 years
fiitings
Computer equipment
Sports equipment
-5-25years
-5-8ye3rs
-5-7years
2.7 Stocks
Stocks are valued al the lower of cost and net realisable value after making due allowance lor
obsolete and slow-moving 51ocks. Cost includes all dire¢l costs and an appropriato prOpO.0n of fixed
and variable overheads.
2.B Debtorn
Trade and other debtors are recognised al the settlement amount after any trade dlscounl offered.
Prepay7ngnts are valued at the amount pr8paid net of any trade discounts due.
Page 19
TRILOGY ACTIVE LTD {FORMERLY UNITY LEISURE)
IA Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
Accountlng pollcl8s Icontlnu•dl
2.9 Cash at bank and In hand
Cash at bank and in hand includes cash and short-term highly liquid investment5 with a short malurily
of three months or less from the date of acquisitton or opening of the deposit or similar account.
2.10 Uabllltl¢8
Liabilities and Provisions are recognised when there 15 an obligation al the Balance Sheet dale as a
result of a past event. il is probable thal a transler of economic benefit will be required in settlement.
antl the amount of the settkgmenl can be estsmaled reliabty.
Liabilities are recognised at the amount that the Company anlicipales il will pay lo settle th8 debt or
the amount it has received as advanced payments for tho goods or sorvicgs it must provid8.
Provlslons are measured 8t the best estimate of the amoLtnls iequired lo settle the obligallon. Wherè
the effect of the lime value of money is material, the provision is based on the present value of those
amounts, discounted at Ihe pre-tax discount rale that reflecls the risks specific lo the liability. The
unwinding of the discount is rgcognisod in tho Stalement ol Financial Activitses as a finance Cost.
2.11 Flnanclal Instiuments
The Cornpany only has financial assets and financial liabilities of a kind that qualify as basic financial
instruments. Basic financial instruments are inilially r8cognised at transaction value and sub$8qu8ntly
mgasured at their Settrnent valuo wlh thg excgption of bank loans which are subsgquenlly
measured al amortlsed cost uslng the effectlve Interest method.
2.12 Flnanc• l•*#e8 and hlrn purchase
Assets obtaid under hire purchase conli8Cts and finance leases a capilalised as tangible fixed
assets. Assets acquired by finance lease are depreciated over the shorter of the lease term and their
useful lives. Assets acquired by hire purchase are depreciated over their useful lives. Finance leases
those whero substantially all of (he benvfiis and risks of ownership are assvmgd by tho
Company. Obligations under such ageMentS are included in creditors, nel of the finance Charge
allocated lo future perio(19. The finance ement of the rentsl payment is charged lo the Slalemenl of
Financial Activities so as to producè a constant e*JI¢ rale ol charge on thè net obligation
outstanding in each period.
2.13 Penslons
The Company operates a defined conlribulKfyn pension scheme and the pension charge roprosgnls
the amounts payable by the Company to Ihe fund in respect of the year.
The Company operates a defined benefits pension scheme and the pension charge is based on a full
actuarial valuation dated 31 March 2023.
Page 20
TRILOGY ACTIVE LTD (FORMERLY UNITY LEISURE)
IA Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
Account5ng pollcles {contlnued)
2.14 Fund a¢¢ounllng
General furS are unrestricted fund5 which are available for use al the discretion of the Trustees in
fijrtherance ol the general objeciives of the Company and which have not been designated for other
purposes.
Restricted funds are funds which are lo be Ljsetl in accordance with specific $trI¢'0ns imp058d by
donors or which have been raised by the Company for particular purposes. Thè costs of raising and
administering such funds are charged againsl the specific fund. The airn and use of each restricted
fund is sel out in Ihe noles lo Ihe finencial slalemenls.
crttlcal a¢countlng •8tlmal•s and ar•as of Judgment
Esllmales and judgments arg continually evaluated and are based on historical experience and other
factors, including expectations of luture events that are believed lo be reasonable under the
circumstsnces.
Critical a¢UntIng estsmales and as$umplions'.
The Comp8ny makes eslimales and assumptions conceming the lulure. The resulting accounting
eslimales and assumptions will, by definiiion, seldom equal thè related actual results. The eslimales and
assumptions that hav8 a significant risk of causing a material adjustm8nt to the carrwng amounts of
8ssets and liabilitl8S Wthin the n8xt finanaal year ar8 discuss8d bèlow.
The present value of ihe defined benefit pen81¢)n scheme depends on a number of factors that are
determined on an actuarial basis using a variety of assumptions. The assumptions used in delermlning
the not cost or inwmo for pensions irbclude tho discount rate. Any changes in these assumpts'ons, which
ar& disclosed in note 22, will impact the carrying amount of the pension asset or li8bility.
Page 21
TRILOGY ACTIVE LTD IFORMERLY UNITY LEISURE)
IA Company Llmlted by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
Income from charitable activttl•s
Unrestrlcted
funds
2023
Total
funds
2023
Total
funds
2022
Membership fees
Centre legs
Sales
Commisslon
3,843.179
1,486,424
513,441
4.347
144.116
3,843.179
1,486.424
S13,441
4,347
144.116
3,017,210
1,115,214
415,648
3,587
233,338
Miscellaneous income
Total 2023
5,991.507
5.991.507
4,784,997
Total 2022
4,784,997
4,784,997
Oth•r Incomlng r•sourc••
R•strf¢ted Unr•strlcted
funds
funds
2023
2023
Total
funds
2023
Total
funds
2022
Kings Heath Active England proioct
Street football project
Cinerna
Play and sport developmenl
Grant income
Job retendon scheme
1,125
1,125
6.250
2,900
29.082
35.437
570,816
173,301
93,719
93,719
94,844
817,786
Total 2022
2,900
814,886
817,786
Page 22
TRILOGY ACTIVE LTD (FORMERLY UNI LEISURE)
IA Company Limited by Guaianteel
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
Analysls of oxyndltur¢ on ¢hadtsble ¥¢tlvltl•s
Summary by fund type
Restricted Unrestrlcted
funds
funds
2023
2023
Total
2023
Total
2022
Operational staff costs
Purchases
Staff costs- HQ staff costs
Bank Charges
Insurance
Irrecoverablè VAT
Other costs
Governance costs
2.880,064
1.751,216
627.783
29,826
56,608
212,881
395,949
19,637
2.880,064
1.751,216
627,783
29,826
56,608
212,881
395,949
19.637
2,596.753
1,509.321
597.063
24.414
76,019
147,152
261.618
10.842
Total 2023
5,973,964
5,973,964
5,223,182
Tot812022
5,220,282
5,223,182
AudStorfs r•mun8ratlon
2023
2022
Fees payable lo the Compan$ auditor the audil of the Companls
annual a¢nts
17,250
15,500
Fees payable to th& Companrfs auditor in respect OTr.
All non-audil services not induded above
2,500
2,500
Staff costs
2023
2022
Wages and salaries
Social sècurty Costs
Contribution to defjned u)ntribution pension schemes
3.003.802
199,408
304.637
2,698,660
170,881
317,275
3.507,847
3,186,816
Page 23
TRILOGY ACTIVE LTD (FORMERLY UNITY LEISURE)
IA Company Llmlted by Guarant•e)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
Staff costs Icontlnuedl
The average numb&r of persons employod by the Company during the year was as follows..
2023
No.
2022
No.
Management antl administration
Oper8tion81
17
18
209
282
299
227
The number of employees whose employee benefits (excluding employer pension costsl exceeded
£60.000 was..
2023
No.
2022
No,
In the band £60.001 - £70.000
In the band £70,001- £80.000
In the band £80.001 - £90.000
In the band £100,001 - £110.000
The key management personnel comprise the Managing Director, the Finance DiT8Ctor, the Director of
Perforrnance, Planning Development and Operats"ons and the Dlreclor of Health and Wellbeing
Development Operations. The total employee benefils of key management personnel of th& Charity were
£279,78212022 - £229,7841-
Trustees. r•muneratlon and expon•es
During the year, no Tru$legs r1Ved any remuneration or other benefits12022 - £NILI.
During the year, no Trnslee enseS have been incuryed12022- £NILI.
Page 24
TRILOGY ACTIVE LTD (FORMERLY UNITY LEISURE)
{A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
10.
Intang5bl• assets
Computer
software
Cost
Al 1 April 2022
Addition3
41,453
42,009
Al 31 March 2023
83,462
Amortlsatlon
At 1 Aplll 2022
30,668
Al 31 March 2023
30,668
Not book valu•
Al 31 March 2023
52,794
Al 31 March 2022
10,785
Page 25
TRILOGY ACTIVE LTD (FORMERLY UNrfY LEISURE)
{A Company Limitèd by Guarant•o)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
11. Tanglble flxed assets
L•a$¢hold Othèr flxed
Improvements
assets
Total
Cost
At 1 April 2022
Additions
1.388.866
14.076
2,082,213
75,726
3,471,079
89,802
At 31 March 2023
1,402,942
2,157,939
3,560,881
Oepreclatlon
Al 1 April 2022
Charge for the year
836.820
120.657
1,808,545
115,788
2,645,365
236,445
Al 31 March 2023
957.477
1,924,333
2,881,810
Net book value
Al 31 March 2023
445,465
233,606
679,071
Al 31 March 2022
552.046
273.668
825,714
12.
Sto¢ks
2023
2022
Finished goods and good$ for rgsalo
26,319
29,928
13. D•btor$
2023
2022
Duo wlthln one year
Trade debtors
Other debtors
55,550
16,687
127.974
30,113
Prepayments and acwed Incle
81,521
200.211
111,634
P8ge 26
TRILOGY ACTIVE LTD (FORMERLY UNITY LEISURE)
IA Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
14. Credltors.. Amounts falllng du• wlthln one year
2023
2022
Bank loans
70,000
273,899
53,085
38,438
16,953
226,432
70,000
8,276
74.470
71.787
10.155
360,915
Trade creditors
Other laxallon and soclal secudty
Obligatlons under financè lease and hirg wrthase contracts
Other creditors
Accruals and doferred income
678,807
595,603
15. CT•dltors.' Amounts falllng due •fter more than one year
2023
2022
Bank loans
Nel obligalions under finan¢e10ose and hirg purchase contracts
163,833
94,473
233.833
149.290
258,306
383,123
Page 27
TRILOGY ACTIVE LTD (FORMERLY UNrrY LEISURE)
(A Company Limited by Guarantsel
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
16. Ststement of funds
Statement of funds- current year
Balance at
31 March
2023
Balance at 1
April 2022
Galn81
ILoss881
Income Expendituro
Unrostrl¢tod funds
General Funds - all funds
Pension reserve
1.475,774
753,000
6.086,351 15,793,964)
1180,000)
1.768.161
719,328
146,328
2.228,774
6.086,351 15,973,964)
146,328
2.487.489
Restrlctod funds
Reslridgd Fund$- all funds
Total of lund8
2,228,774
6,086.351
{5,973,9641
146,328
2,487,489
Page 28
TRILOGY ACTIVE LTD (FORMERLY UNITY LEISURE}
IA Cornpany Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
16. Statemént of funds Icontlnu•dl
Stat¢mont of funds - prlor year
Balance at
31 March
2022
Balance at
1 April 2021
Gainsl
(Lossesl
Income Expenditure
Unrestrlcteil funds
General Funds- 811 funds
Pension serve
817,173
1168.0001
5.599,883 14.941,2821
1279,0001
1.475,774
753,000
1.200,000
649.173
5,599,883 15,220,282)
1.200,000
2,228,774
R•8trl¢tod funds
Reslricled Funds- all funds
12.9001
Tatal of funds
649.173
5,602.783 15,223.182)
1,200,000
2,228,774
17. Summary of lund•
Summary of funds . current year
Balancè at
31 March
2023
Balance at 1
Aprll 2022
Galnsl
(Lossesl
In¢om• Exp•ndituro
General funds
2,228.TT4
6.086,351
15,973,964}
146.328
2,487,489
Summary offunds- prior year
Balance al
31 March
2022
Balance 81
1 April 2021
Gainsl
(Losses}
Irbcome Expenditure
General funds
Rostricted funds
649,173
5.599,883 {5.220.2821
12.9001
1,200,000
2,228,774
649,173
5,602,783
15.223.182)
1,200,000
2,228,774
Page 29
TRILOGY ACTIVE LTD (FORMERLY UNITY LEISURE)
(A Company Llmlt¢d by Guarant•¢l
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
18. Analysls ol net assets between fvnds
Analysls of n•t asset$ b•twoon funds - currnnt year
Unr•strl¢ted
funds
2023
Total
funds
2023
Tan9ible fixed assets
Intangible fixed assets
Current assets
Creditors due within one year
Creditors due in more than one yyar
Provisions for liabilities and charges
679,071
679.071
52,794
52,794
1,973,409
1,973.409
1678,8071 1678,8071
12S8,3061 1258,3061
719,328
719,328
Totsl
2,487,489
2,487,489
Anaty818 ol ntt aSSOts b•tw••n funds - prlor year
Unreslricled
fund$
2022
Total
funds
2022
Tangible fixed assets
Intangible fixed assets
Current assets
Creditors due within one yyar
Creditors due in more than orbe year
Provisions lor liabilities and charges
825,714
10.785
1,618,001
1595,6031
1383.1231
753.000
825,714
10,785
1,618,001
1595,6031
{383,1231
753,000
Total
2.228.774
2,228,774
Page 30
TRILOGY ACTIVE LTD (FORMERLY UNrrY LEISURE)
IA Company Llmit•d by Guarant•¢l
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
19. Reconclllatlon of net movorn8nt in funds to net cash flow from 0poran9 actlvltles
2023
2022
Nel income for the year las pgr Ststement of Financial Activilièsl
112,387
379,601
AdJu¥tm•nts for:
Depreciation charges
Arnortisalion charges
Decreasel(in¢rease) in slocks
Oécreasellincreasel in debtors
Decrease in ¢redilors
Defined benefit pension scheme movemonls
236.445
285.283
1.337
14.0721
272.215
1168.9931
279.000
3.609
188.5771
141,6131
180,000
N•t c•sh provldod by oporatlng a¢tlvltlo¥
402.251
1,044,371
20. Analysls of cash and Cash èqul¥alent•
2023
2022
Cash In hand
Money market fund
228,233
1,518,646
1.476,439
Total cash and ¢aJh equlvalents
1,746,879
1,476,439
21. Analysls of change8 in net debt
At 31 March
2023
2022 Cash flows
Cash al barbk and in hand
Debt due within 1 year
Debt due after 1 year
Finance lèases
1.476,439
170.0001
1233,8331
{221.0771
270.440
1.746,879
170,000)
1163,8331
1132,911)
70.000
88.166
951,529
428,606
1.380,135
Page 31
TRILOGY ACTIVE LTD (FORMERLY UNITY LEISURE)
IA Company Llmlted by Guarant¢el
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
22. Penslon commltments
The Company operates a defined benefil p8nsKJn scheme.
The charitable company operates a funded defined benefit scheme for the benefit of certain employees in
conjunction with a local 9ovemment defined benefil ptrnsion scheme. Entry lo the scheme was granted
through an Admission Agreemenl signed by the Pension Administrator, the Transferor (Wesl
Northamptonshire Council) and the Trust. Under the lem)s of this agreements the accrued benefits al the
lime of transfer11 April 20111 would be treated as fully funded and the contribution rale cal¢u181ed on this
basis. These figuies were calculated using Ihe assumptions in place at the ts'me of 31 March 2010
revaluatson.
The figures in Ih8Se 8c¢oun15 have b8en calculated in accordance with thè provision of Financial
Reporting Standard 102. This melhod of calculation uses a different set of assumptions than the actuarial
method dèscribed above. As such any surplus or deficit from an accounting perspective would not
necgssarily rgflecl the actual lundbng positlon using the valuation method. For this ygar's accounts the
Trust opted lo use a set ol bespokè assumptions which have been agreed with the Fund's Actuary.,
Hym8n Robertson LLP. These assumptions refled better the Trust's circumstances which are subtly
different frorn the main employers in Ihe fvnd. These assumptions afe consislenl with the Tequirernenls of
FRS 102.
The asseis ol the scheme are administered by truste83 in a fvnd independent from those of the charitable
company. Conlribulion5 are made both by (he omployer and employee and ace based on a percentage of
pensionable pay. In addition Ihe Trust makes a fixed sum payment lo pay back any funding deficit. This 1$
based on a 20 year repayment limefr8me. In the year ended 31 March 2023 Trilogy Active Ltd paid an
employ8rs' Contiibution ol £Nil12022.. £Nill representing O¥o12022.. 00/0) of employee contributions into the
Local Government Pension Sch6mè, which provides members wsth defined bènafits r8lalèd lo pay and
servlce.
Pension cosis are assessed in accordance wth Ihe advlc8 of a qualified actuary using the projgdod
method. The most recent actuarial valuatK)n ol the scheme wa$ at 31 March 2023.
Principal actuarial assumptions al the Balance Sheet dale (expressed as weighted averages1=
At 31 March Al 31 March
2023
2022
Discount rale
Expected relum on scheme assets
Future salary increases
Future pension increases
4.75
4.75
3.45
2.95
2.85
2.85
3.05
Page 32
TRILOGY ACTIVE LTD IFORMERLY UNITY LEISURE)
IA Company Llmlted by Guarant••l
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
22. Penslon comm5tmenls Icontlnued)
At 31 March Al 31 March
2023
2022
Y¢ar$
Y88rs
Mortalty ratss lin years)
- for a mala aged 65 now
- al 65 for a male 8ged 45 now
for a female aged 65 now
al 65 for 8 female aged 45 now
22.2
22.5
21.5
22.3
23.9
25.7
23.7
25.1
The Company's share ol the assets in the Scheme was:
At 31 March At 31 March
2023
2022
Equilles
Corporatè bonds
Property
Cash and other liquid assets
8,136,200
2,153,700
1,555,450
119,650
8,734,600
2,312,100
1,669,850
128,450
Total falr valu• of asstts
11,965,000 12,845,000
The actual return on scheme assots was El479.1)00112022 - £851.0001.
The amovnts recognised in Ihe Statement of Financi81 Actiwlies are as folh)ws'.
2023
2022
Current service cost
Interest income
Interest cost
1280.0001
291,0001
259.000
{266,0001
19,000
Employer contributions
82,000
Total amount rfrcognised In the SLitsment of Flnancial Actlvltles
1198,000)
1279,0001
Page 33
TRILOGY ACTtVE LTO (FORMERLY UNITY LEISURE)
{A Company Limitad by Guarant•o1
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
22. P•nslon commltments Intinued)
Movements in the present valu8 of the defined benefft obligation were as follows..
2023
Opening defined benefrt obligation
Interest cosl
Conlribulions by scheme partiCiP8nts
Actuarial gains
Benefits paid
Interest cost
Current servic8 cost
12,092,000
53,000
13,783,000)
1171,0001
118,0001
280,000
Closlng d?fln•d b•nafit obllgallon
8,453,000
Movements In the fair value of the Companls share of scheme assèts were as follows..
2023
Opening fair valua of sch8me assets
Expected relum on assets
A¢tuarial Ilossesygains
Contributions by employer
Contributions by Scheme participants
Bonefits paid
Derecoonluon ol penslon surplus
12.84S,000
1844,0001
82.000
53.000
1171,0001
12.792.672)
Closlng falr valu• of 8chem• ass•ts
9.172.328
Page 34
TRILOGY ACTIVE LTD (FORMERLY UNITY LEISURE)
{A Company Llmited by Guarants•l
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
23. Oporatlng least ¢ommltmonts
At 31 March 2023 the Company had commitrnents to make future minimum 18ase payments under non-
cancellable operatsng leases as follows..
2023
2022
Not later than 1 year
L81er th8n I ar and not latsr than S ye81S
92,000
198,750
92,000
290,750
290,750
382.750
Wesl Northamplonshire Counul provided the land and leisure cenlres al Mounts Baths and Danes Camp
Centre for the use by the charity to operate sports centres, rent free, throughout the year and prevlous
year.
Tho land and buildings of Lings Forum was prowded by W8St Northamplonshire Councll, rent free. under
a service agreement.
The land and buildings of Duslon Sports Centre was provided by Duston Parish Ccwjncil, rènt free. under
an operating 1g8se to 2027.
The land and buiklings of Cripps Recrealjcfflal Cgntre was provided by Northampton General Hospllal,
rent free, under an operatsng lease lo 2025.
The leases of these Pfemi5es are not capitalised as the charity do8s not hav8 control over any ol the
prgmisgs due to various restrictions in thelgasos. Improvements to the sports Centres arg capitalised and
depreciated over the period of the lease.
24. R•lated party transactlons
The charitable company has a funding agreernenl with West Northamplonshire Council lo provide leisure
facilities within Northampton. West Northamptonshire Council is a rnember of the company.
During the year the Trust made purchases from Wesl Northamplonshire Council of £2,610 {2022.. £7401
in relation to various Council provided serwces. As at 31 March 2023 included within creditors is an
amount ol £Nil12022.. £Nill owing to the Council. Sales were made lo West Northamptonshir8 Council of
£25,000 12022.. £23,407>. As at 31 March 2023 induded within debtors is an 8mounl of £Nil 12022:
£2,500) owed by th& Council.
During the year the Trust made sales to Northamptonshire Sport. a rnember of the Company. of
£103.29712022.' £151,634). As at 31 March 2023 included within debtors is an amount of £12,69612022.'
£12,696) owed by Northamptonshire Sport.
As detailed in note 23 the land and premises used by the charity in the operation of sports centres are
provided to the charity by (he following members.. Wesl Northamplonshire Council, Duston Parish Council
and Northampton General Hospit81. under operating leases al no charge to the charity.
Page 35