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2022-03-31-accounts

REGISTERED COMPANY NUMBER: 07900795 (England and Wales) REGISTERED CHARITY NUMBER: 1146716

REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 FOR WIRKSWORTH SWIMMING POOL Mills & Black Derwent House 141-145 Dale Road Matlock Derbyshire DE4 3LU

WIRKSWORTH SWIMMING POOL

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 March 2022

Page Report of the Trustees 1 to 3 Independent Examiner's Report 4 Statement of Financial Activities 5 Balance Sheet 6 to 7 Notes to the Financial Statements 8 to 13 Detailed Statement of Financial Activities 14 to 15

WIRKSWORTH SWIMMING POOL

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 March 2022

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES Objectives and aims

Purposes and Aims

Our charity's purposes as set out in the objects contained in the company's memorandum and articles of association are to promote community participation in healthy recreation for the benefit of the public inhabiting Wirksworth and surrounding areas by the provision of facilities for swimming and other water-based activities.

and activities each year. We will then adjust the direction benefit it has brought to the community. It is our intention to We referred to the guidance contained in the Charity been exceedingly challenging for the pool, as it has been restrictions. The pool was closed for many months with consequences of this would have been catastrophic. The could afford to do so and they are incredibly grateful for the the pool was allowed tore-open, restrictions remained and rules. Whilst this again restricted the income, we were numbers and showing confidence in the staff and regulations throughout the period, to the overwhelming make some improvements to the internal decoration of the staff training remains a priority, both to ensure The Trustees remain committed to our delivery model of two teachers in each group. Feedback from customers is Fund raising has been almost impossible which the Trustees are particularly grateful for these as

Ensuring our work delivers our aims

We will review our aims, objectives and activities each year. We will then adjust the direction we take based on the success of each activity and the benefit it has brought to the community. It is our intention to both maintain our current offer and to extend and enhance. We referred to the guidance contained in the Charity Commission's general guidance on public benefit when we set out our aims, objectives and activities for the year.

The Trustees took over the running of the pool from Derbyshire Dales District Council 10 years ago.

The Financial Year 2020/21 has been exceedingly challenging for the pool, as it has been for so many people and organisations, due to the COVID-19 restrictions. The pool was closed for many months with all the staff furloughed. Without the furlough scheme the consequences of this would have been catastrophic. The Trustees decided to top-up staff to pay to 100% whilst they could afford to do so and they are incredibly grateful for the loyalty the staff showed during this difficult period. When the pool was allowed tore-open, restrictions remained and classes were limited to around 6 students by social distancing rules. Whilst this again restricted the income, we were buoyed by the loyalty of our customers in returning in high numbers and showing confidence in the staff and organisation. The Trustees and Manager have implemented safety regulations throughout the period, to the overwhelming satisfaction of customers. During closure, it was possible to make some improvements to the internal decoration of the pool using some grants received.

As the pool begins to return to normality, staff training remains a priority, both to ensure the safety of our customers and to ensure the quality of the teaching. The Trustees remain committed to our delivery model of teaching from within the pool rather than the side and to have two teachers in each group. Feedback from customers is overwhelmingly positive and we have very few changes in staffing. Fund raising has been almost impossible due to the pandemic, but a number of individual donations have been received which the Trustees are particularly grateful for these as they have been vital to the viability of the pool.

How our activities deliver public benefit

The pool is small being 5m by 10m and 1.1m deep. The main current users are children learning to swim aged from birth to 11. The aim is that by the time the children are ready to progress to a bigger pool they are competent swimmers. The pool is also used for aqua fit/aqua dance classes which are attended by people aged from 16 to 85 enabling them to keep healthy and active. Pool parties have been suspended die to the pandemic as have free swimming sessions. During school term time local schools attend the pool for swimming lessons. The pool is also suitable for swimmers with sensory disabilities and hosts a regular group of children and young adults with autism. We continue to seek to further develop opportunities for disabled groups and have fully accessible changing and toilet facilities.

Page 1

WIRKSWORTH SWIMMING POOL

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 March 2022

FINANCIAL REVIEW

Principal funding sources

In recent years, the pool has received small donations from people who have bought cakes, made and sold Easter chicks, attended bingo nights, purchased raffle tickets and bought plants. The pool has had generous bequests including from the families of James Greenough, Nikki Phillips and our former and much missed Trustee Faith Borst. Support from other organisations in Wirksworth, some voluntary and other charities has been key. These include Open Gardens, Raise Your Voices, Dales Housing, The Community Quiz and a legacy from Barry Foster, Peter Slack from plant and tree sales, Wirksworth Town Council and Derbyshire Dales District Council. Major grants have been received from Tarmac Lafarge, The Exton Trust and Sport England.

The largest donations and support has come from John and Sheila Kirkland. They have made substantial donations to the pool over a number of years. Sheila was a valued customer of the pool and when she very sadly passed away, she left a substantial bequest to the pool to be put towards our extension. When some of this had to be used on repairs, John has given further funding to make sure the plans stayed on track. They have also given us substantial and invaluable help with planning and building services through Bowmer and Kirkland and in particular through Graham Lee. The pool now trades under the name The Sheila Kirkland Community Pool, although the company name has not changed.

through Bowmer and Kirkland and in particular through improvements to the pool, particularly the replacement of the is a going concern at the date of the signing of this report. pool to close, due to forever changing Coronavirus lockdowns, then the charity would struggle to remain current activities in the forthcoming years subject to satisfactory governing document, a deed of trust, and constitutes a

Investment policy and objectives

Trustees have plans for further improvements to the pool, particularly the replacement of the roof, but these will be reliant on further grants and continued fund raising.

Reserves policy

Currently our reserves are the balance of grants, donations and any operating surplus. As we become more established and our income increases it is our intention to establish a policy whereby the unrestricted funds, not committed or invested in tangible fixed assets held by the charity, should be enough to cover between 3 and 6 months of the expenditure.

Going concern

The Trustees believe the charity is a going concern at the date of the signing of this report. However, should the government force the swimming pool to close, due to forever changing Coronavirus restrictions, without providing support, as provided during the previous lockdowns, then the charity would struggle to remain open for longer than three months.

FUTURE PLANS

The charity plans to continue its current activities in the forthcoming years subject to satisfactory funding arrangements and introduce new activities to attract further members of the community.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

The organisation is a charitable company limited by guarantee, incorporated on 6 January 2012 and registered as a charity on 27 March 2012. The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association. In the event of the company being wound up members are required to contribute an amount not exceeding £1.

Recruitment and appointment of new trustees

The directors of the company are all volunteers who agreed to take over the swimming pool when Derbyshire Dales District Council decided to step down from running it. They are also charity trustees for the purpose of charity law. A person ceases to be a company member on delivering written notice to the Registered Office or if he ceases to be a director.

All the directors of the company give their time voluntary and receive no benefits from the charity. Any expenses reclaimed from the charity are set out in note 4 to the accounts.

Page 2

WIRKSWORTH SWIMMING POOL

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 March 2022

STRUCTURE, GOVERNANCE AND MANAGEMENT

Organisational structure

The Wirksworth Swimming Pool has a management committee currently of eight trustees who meet on a regular basis and are responsible for the strategic direction and policy of the charity. The trustees have appointed a Pool Manager to be responsible for the day to day management of the pool and she reports to the committee and gives her recommendations to the trustees. The trustees have also appointed a company secretary. Small groups of Trustees are formed on an ad-hoc basis to deal with specific issues and these groups always report back to Trustees at their full meetings.

Induction and training of new trustees

All trustees attended a training session run by Derbyshire Dales CVS before taking office. Future trustees will be asked to attend a similar training session. The session covered

-The main documents which set out the operational framework for the charity including the Memorandum and Articles.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

07900795 (England and Wales)

Registered Charity number

1146716

Registered office

Hannage Way Off Water Lane Wirksworth Derbyshire DE4 4JG

Trustees

D Baker Chairman Ms J McCarthy Trustee B Vega-arnanz Trustee R Pearson Trustee (resigned 31.12.21) P Hunter Trustee G Lee Trustee J Warren Trustee D Jones (appointed 12.10.22)

Company Secretary

Mrs M Moffat

Independent Examiner

Mills & Black Derwent House 141-145 Dale Road Matlock Derbyshire DE4 3LU

Approved by order of the board of trustees on ............................................. and signed on its behalf by:

........................................................................ D Baker - Trustee

Page 3

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF WIRKSWORTH SWIMMING POOL

Independent examiner's report to the trustees of Wirksworth Swimming Pool ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2022.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the

examination giving me cause to believe:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

M W Thomas ACA Mills & Black Derwent House 141-145 Dale Road Matlock Derbyshire DE4 3LU

Date: .............................................

Page 4

WIRKSWORTH SWIMMING POOL

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 March 2022

DRAF
Unrestricted
fund
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
16,526
Charitable activities
Swimming classes and lessons
177,122
Investment income
2
-
Total
193,648
EXPENDITURE ON
Raising funds
530
Charitable activities
Swimming classes and lessons
174,823
Total
175,353
NET INCOME/(EXPENDITURE)
18,295
RECONCILIATION OF FUNDS
Total funds brought forward
152,319
TOTAL FUNDS CARRIED FORWARD
170,614
T
Restricted
funds
£
660
-
-
660
-
7,824
7,824
(7,164)
118,270
111,106
31.3.22
Total
funds
£
17,186
177,122
-
194,308
530
182,647
183,177
11,131
270,589
281,720
31.3.21
Total
funds
£
114,448
37,960
1
152,409
1,000
167,031
168,031
(15,622)
286,211
270,589

The notes form part of these financial statements

Page 5

WIRKSWORTH SWIMMING POOL

BALANCE SHEET

31 March 2022

31.3.22 31.3.21
Unrestricted Restricted Total Total
fund funds funds funds
Notes £ £ £ £
FIXED ASSETS
Tangible assets
7
142,242 111,106 253,348 269,810
CURRENT ASSETS
Stocks
8
1,800 - 1,800 935
Debtors
9
703 - 703 2,741
Cash at bank and in hand 45,058 - 45,058 13,206
47,561 - 47,561 16,882
DRAFT
CREDITORS
Amounts falling due within one year
10
(19,189)
-
(19,189)
(16,103)
NET CURRENT ASSETS
28,372
-
28,372
779
TOTAL ASSETS LESS CURRENT
LIABILITIES
170,614
111,106
281,720
270,589
NET ASSETS
170,614
111,106
281,720
270,589
FUNDS
11
Unrestricted funds
170,614
152,319
Restricted funds
111,106
118,270
TOTAL FUNDS
281,720
270,589
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the yea
ended 31 March 2022.
The members have not required the company to obtain an audit of its financial statements for the year ende
31 March 2022 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for

(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and

The notes form part of these financial statements

Page 6

continued...

WIRKSWORTH SWIMMING POOL

BALANCE SHEET - continued 31 March 2022

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:

............................................. D Baker - Trustee

The notes form part of these financial statements

Page 7

WIRKSWORTH SWIMMING POOL

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 March 2022

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Long leasehold - Straight line over 20 years Fixtures and fittings - Straight line over 4 years Plant and machinery - Straight line over 4 years

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

continued...

Page 8

WIRKSWORTH SWIMMING POOL

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 March 2022

2. INVESTMENT INCOME
31.3.22 31.3.21
£ £
Deposit account interest - 1
3. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
31.3.22 31.3.21
£ £
Depreciation - owned assets 16,739 17,997
4.
5.
6.
DRAFT
TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2022 nor for the year ended
31 March 2021.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2022 nor for the year ended 31 March 2021.
STAFF COSTS
The average monthly number of employees during the year was as follows:
31.3.22
31.3.21
Staff
12
11
No employees received emoluments in excess of £60,000.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
Restricted
Total
fund
funds
funds
£
£
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
48,792
65,656
114,448
Charitable activities
Swimming classes and lessons 37,960 - 37,960
Investment income 1 - 1
Total 86,753 65,656 152,409
EXPENDITURE ON
Raising funds 1,000 - 1,000
Charitable activities
Swimming classes and lessons 94,211 72,820 167,031
Total 95,211 72,820 168,031
NET INCOME/(EXPENDITURE) (8,458) (7,164) (15,622)

continued...

Page 9

WIRKSWORTH SWIMMING POOL

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 March 2022

DRAFT
6.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted
Restricted
fund
funds
£
£
RECONCILIATION OF FUNDS
Total funds brought forward
160,777
125,434
TOTAL FUNDS CARRIED FORWARD
152,319
118,270
7.
TANGIBLE FIXED ASSETS
Fixtures
Long
and
Plant and
leasehold
fittings
machinery
£
£
£
COST
At 1 April 2021
320,204
7,610
40,544
Additions
-
277
-
At 31 March 2022
320,204
7,887
40,544
DEPRECIATION
At 1 April 2021
51,613
6,402
40,533
Charge for year
16,011
728
-
At 31 March 2022
67,624
7,130
40,533
NET BOOK VALUE
At 31 March 2022
252,580
757
11
At 31 March 2021
268,591
1,208
11
8.
STOCKS
31.3.22
£
Stocks
1,800
9.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.22
£
Trade debtors
-
Other debtors
-
Prepayments
703
703
Total
funds
£
286,211
270,589
Totals
£
368,358
277
368,635
98,548
16,739
115,287
253,348
269,810
31.3.21
£
935
31.3.21
£
600
2,034
107
2,741
Total
funds
£
286,211
270,589

continued...

Page 10

WIRKSWORTH SWIMMING POOL

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 March 2022

10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

DRA
Payments on account
Social security and other taxes
Other creditors
Accrued expenses
11.
MOVEMENT IN FUNDS
Unrestricted funds
General fund
Restricted funds
Fixed asset addition and maintenance fund
Extension and improvements fund
TOTAL FUNDS
Net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
Restricted funds
Extension and improvements fund
Furlough
TOTAL FUNDS
FT
At 1.4.21
£
152,319
3
118,267
118,270
270,589
Incoming
resources
£
193,648
-
660
660
194,308
31.3.22
31.3.21
£
£
16,826
14,078
983
394
-
261
1,380
1,370
19,189
16,103
Net
movement
At
in funds
31.3.22
£
£
18,295
170,614
-
3
(7,164)
111,103
(7,164)
111,106
11,131
281,720
Resources
Movement
expended
in funds
£
£
(175,353)
18,295
(7,164)
(7,164)
(660)
-
(7,824)
(7,164)
(183,177)
11,131

continued...

Page 11

WIRKSWORTH SWIMMING POOL

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 March 2022

11. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

DRAFT
At 1.4.20
£
Unrestricted funds
General fund
160,777
Restricted funds
Fixed asset addition and maintenance fund
3
Extension and improvements fund
125,431
125,434
TOTAL FUNDS
286,211
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
General fund
86,753
Restricted funds
Extension and improvements fund
-
Furlough
65,656
65,656
TOTAL FUNDS
152,409
A current year 12 months and prior year 12 months combined position is as follows:
At 1.4.20
£
Unrestricted funds
General fund
160,777
Restricted funds
Fixed asset addition and maintenance fund
3
Extension and improvements fund
125,431
125,434
TOTAL FUNDS
286,211
Net
movement
At
in funds
31.3.21
£
£
(8,458)
152,319
-
3
(7,164)
118,267
(7,164)
118,270
(15,622)
270,589
Resources
Movement
expended
in funds
£
£
(95,211)
(8,458)
(7,164)
(7,164)
(65,656)
-
(72,820)
(7,164)
(168,031)
(15,622)
Net
movement
At
in funds
31.3.22
£
£
9,837
170,614
-
3
(14,328)
111,103
(14,328)
111,106
(4,491)
281,720

continued...

Page 12

WIRKSWORTH SWIMMING POOL

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 March 2022

11. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

DRA
Unrestricted funds
General fund
Restricted funds
Extension and improvements fund
Furlough
TOTAL FUNDS
RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March
FT
Incoming
resources
£
280,401
-
66,316
66,316
346,717
2022.
Resources
Movement
expended
in funds
£
£
(270,564)
9,837
(14,328)
(14,328)
(66,316)
-
(80,644)
(14,328)
(351,208)
(4,491)

12. RELATED PARTY DISCLOSURES

Page 13

WIRKSWORTH SWIMMING POOL

DETAILED STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 March 2022
31.3.22 31.3.21
£ £
INCOME AND ENDOWMENTS
Donations and legacies
Donations 8,526 15,423
Grants 8,660 99,025
17,186 114,448
Investment income
Deposit account interest - 1
Charitable activities
Swimming classes and lessons
Total incoming resources
EXPENDITURE
Other trading activities
Purchases
Charitable activities
Wages
Rates and water
Light and heat
No description
Protective clothing
Repairs and maintenance
Cleaning
Training
Other
Subscriptions
Improvements to property
Plant and machinery
Fixtures and fittings
DRAFT

177,122
194,308
530
80,984
2,188
10,078
60
-
6,560
3,700
3,013
2,064
1,087
16,011
-
728
126,473
37,960
152,409
1,000
78,486
885
9,152
-
51
8,117
1,575
1,231
-
816
16,011
1,158
828
118,310
Support costs
Management
Pensions 1,903 1,737
Governance costs
Wages 40,492 38,294
Insurance 2,906 2,814
Telephone 859 769
Postage and stationery 1,559 443
Accountancy fees 1,296 1,296
Professional fees 7,079 3,067
Carried forward 54,191 46,683

This page does not form part of the statutory financial statements

Page 14

WIRKSWORTH SWIMMING POOL

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 March 2022

31.3.22 31.3.21 £ £ Governance costs Brought forward 54,191 46,683 Computer equipment 80 205 Other - 96 54,271 46,984 Total resources expended 183,177 168,031 Net income/(expenditure) 11,131 (15,622)

This page does not form part of the statutory financial statements

Page 15