Crtty ngi¥tr•tltin number 1147008 Company r•gi#tratltsn n11028727 IEngl#nd and Wale¥) LITTLEPORT LEISURE ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023
LirrLEPORT LEISURE LEGAL AND ADMINISTRATIVE INFORMATION TnMte•• Mr DAmbrose Smith Mrs Jo VVeDber Mr A P8(klingtr Charlly 1147((* Comp•ny nwnb•r 081Y26727 R•gl•tsr•d offl C•fflel Road Ety CB6 1EW Audltor Vision Park Chr¥ers Way, Hisb)n Cambridg9 CB24 9ZR
LITTLEPORT LEISURE CONTENTS Page TnJ6te96' rpgrt Slalernènt oi irusiees. responsibitsw.es Independ$ftt auditorfs report SlalemeTrl of financial ac1NrtS Balance sheel Noi• to the fingnci•l AtAtmntx 10-18
LITTLEPORT LEISURE TRUSTEES. REPORT {INCLUDING DIRECTORS. REPORT FOR THE YEAR ENDED 31 MARCH 2023 The trustee$ present their annual port and frnanual statemenls forlhe year ended 31 March 2023. The financial siatemenls have been prepa in accordance with the accounts.ng PDliues set OLrt in note 1 to the financial staternents and compty wrth the ¢haity's Mernorandum and Articles of Assoaation. Ihe Companies Act ?006 and "Accounting and Reportin9 by Chorilie. siatcmcnt of Recommcndcd Practicc applicttble t¢ charitie preparing thoir arxounls in accordance with the Fin8noal Reporting Standard applicab in the UK and Republic ol Irèhind Irr4KJ 1021" leffective 1 January 20191. Objectives and activlts Th• ¢bjeol- ol thc Chority or¢ to provide aportln9 and recreational lacAlib¢• for the reJident3 of and viartora lo Lillleport and the surroun(Jing areas. The charity woth5 with the local communrty lo provi(Je affordatAe quality faolilies lo encourage Ii¥dllli, lelrIg on¢J enJoym8nl of spons. fftness ¥nd soc4al aC[fvttS a5 well as worK disadvantaged groups Wrthin the communty. We $lnv lo increase usa0¢ of all Ihe soorting areas wrthw) Ihè ¢ompknx ¢Je5pil¢ the $trona eompeb"tK)n Irom kJc41 ¢oun¢il ané private sporls facilrti•s Public benefil Publle ben•fit In shaping our Obcte$ for Ihe past year And planning our octmts. the InJ$tees h8ve considered Ihe Charity Comm+ssion'$ guidance on the operation of the public benefit requirement under the chari15 Act 2011. The centre rpli•R nn 9rants and th incom• from f•0$ lo covor ile opofaiing ¢otlG. Allordabilty and a¢¢6 to auf trO IB lrnportgnt to Lts and 1$ fie¢led in oui pricing policy. A¢hl8v•ment$ and p•rfomi•n¢o Sigrtilicant activities and hVeMen[S ag8inSt oty"eefvv•s Th• Chirity hos had a good year 4nd conliTryes to w)(4èse Ihe fowf¥ll vf iii¥iithi> oivj ua•i yroups lo the Gentre. Tlie Lentfe $18nd Ine year wrtn aw ine r•9uf ¢i•sse8. baskeibaN, nelbaii, tsble tennis. skafvng. badminitsn. kortball, aefobics lo name a few. In April 2022 the centre hostèd City fof thikjren which was so su¢¢e$$ful th81 il is ncp4 heid once a monlh The Cen 81s0 has variou$ ¢hildren's a1vIleS such as soft play, Football Fun Factory, School of Dance and Monkey Music. t185sès 8uch sJ8 rtanrfft anrf Jiinihr rire.iJilX hAVf %tArtrt In Ihp finAnrJhl ypar Park Run is still hekj every Salurday which draws in Lqrge numbers of cornpetrtors. Lun¢h wrth Santo In Dacember ?022 prov•d Very popular 9$ in previous ytors tsnd sold otst. The cenire continues 10 0vI¢je 5puil¥ ari(J i¥¢ie¥llonal actlviies for Deglnners. Sen10 anO1ess ab members wllli re9ular cK45ses such as mature & active, walkin9 netball. KIS Group. move 10 Mus. PosAbility. zumba gold and beginn•rs pilat•s. After a year off in 2021122 following covid. Ihe Trikt Fesi rètume¢ in June 2022 The were olher events such as Psychic Supper. In June 2022 a beacon was lit for Ihe Queens Jubilee celebratn9. A wrestling event was htld •t Ihe eenlre In October 2022. The *s1 Anglia Scale Model show was held in June 2022. The Cent also hosted day ol $port for chonty in Juty 2022 whreh offefed peowe the OPPOrfuThty to diop in 8nd try 8 new sport of a¢tivty. Other new events such as a wreath making wortshop in December 2022 were suttessful. Tht club slarted recording footsll from and d8ss•s sint¢ the pandemic. Nymbers w¢rè 1,875 In April 2022 cornpared to 2,568 In April 2023.
LirrLEPORT LEISURE TRUSTEES, REPORT IINCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 tentrÈ offers rnembwship Ihat indude5 use of the gym for £33 por month aThJ a 3) day pass for £3B. There is olso a Pay As You Go 09tn for Ihe gym and dasses as HIIT. ar. ycga and lateS et¢. These pnces are ry ¢0Mlt# eompgr•d e•ntr•$ in the 4r•a. We ¢oniinue to have ¥e9ulai vAlh Ea6t Crmh DistrKa Counol •port8 and r•¢¥o#tw Office for thg b•n•fft ollhe local inhabitants. The centre continues to uncwlainty wrth rniNJ aTrJ (yjsts. lh8 >•r eThJ centr¢ has r•duc•d Its lees to for Ihè thrne rTh)nths over th• winter lo k¥ th• fadibeB afftydable to the o)mmunty. Flnan¢l•l rnvl•w The Chaity has made a of £6,79D12022. Suul of £40.916). In the current finantsal year thefe has bem a signrfKant inu$as• in hghl orKI hoat cosls recharged from I Lrtlleport and E8St Camb8 AeAdtmy trust. ¢entr• is haYin9 on di8oJs8ions with th• trusl at(Ut hrm these costs have been co1lated. In addrtion to this. gas and electhryty O)Sts in¢¥eased globally in mid 2022r23 due to rising wholesale ener9y ¢osi$ from supplier3. Tr c•ntre also slarted payiThJ ci)unl tsx rtue lo a diwottonary ral06 rellef boing wilhdrawn. Thls alrt5 to £7k in Ihg cjjrrenl ytai. s•rv•apoliGy In pr8wous years lh• l•v81 of r8s8Thu have be•n very kxt. The tTUSt8es made steps lo address by sslling som• land owned by the ¢horty In prevKJUS yegrs wnth sffjnlfjrDTty DOOSteo tne unrnsiilctod ful¥ LJbl¥iiw. Howewr lh• tr4tst8es are aware Ihgt lutur• re¥eThM are stll unknrmn whK mgk•s Very drffiojtt to ha a reseNos wliw. Major rlsks The trustees and managemenl arn able to c4th1 the 8ctmts of th• olanty by their ¢Jay to fjay Involvement Iri Ili¥ opratA)ns nl thft tharity and 1hroh a system ol intgmal controls desanwJ to manaqe k&y risk5, 10 give re8$on8ble assurancé 8$10 th¥ acxuracy of finan¢i81 informalion and lo safeguard the tharrty's as5et5 8nd reputation. Flnand81 suslwnatsltsty is lh• major finanwl risk for th8 dwity. A k•y •kwnenl in tho managemeni ol finandal rfsk 1$ regular review of avalL4ble Ilqutsj funds lo settb& debls as they fall du•. Attenticffi hJ8 also focu3cd on non finan¢i¥l $k$ arfsing frorn heatth and safety These ri$k$ afe managed tsy ¢nSUffln9 xuedrt•tion is Jp to da, hawng robust p01kn and prc<edur8s In Fla. and regular irainiNJ staff workry in Ih888 opèr8JLwl areas. Plan• lor luiur• p•rlod• Like rnany ¢lh8r seclcrfs. publ leisurè and sport was hit ha by Ihe of th8 pandemS¢. This haa hlghllght•d ihal Charities $u¢ as these are an Invaluab ccffjrnunty 4SS•t w0v1n9 10 6UPPQrt the mèntal #nd physical he8Hh 8nd welltoiThJ of th• lo¢al resldents al WJ$r socth. The charity rwived t13,8 - £37.IW in grants from Eost Cambs District Cthmcil and Sport England. Struetur•. govm•n¢• and m•nagem#nt Littleport Leisum is a company lirnrted by guarantee goverMd by rfs Memorandum and Artides tsfAssodation dated 19 Decerntyer 2016. It 15 regTr51eiEd bltiiiily wilh the Chaiity Commi33ion. AnyoTre over Ihe 09è of 16 c#n becon* 8 rnernbef. The tntstees, w0 are also the di¥eLbrs for the ppose of Law. arKI duii)g th&year and up to the date of 5iyiwluie of the finanoal &tatements were.. Mr D Ambrose Smith Mrs Jo Webbèr Mr B Paddit
LirrLEPORT LEISURE TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 ofthistees Appointments lo vacanaes on the Board ari&no aftèr the date Dfthesè Artides shall be daded by majority d8asKJn of the prirnary dass memtws. the trustee {lir•d$ from b.mts to b"me. A trustee director appointed or rAappointed by th• mgmbgrs shall appoinl•d fw * fouf yOaV torrn in office. Atru6t•• dir•eto¢ maiy rLr9 by 9iving wrrtten notice lo Ihe tharity of at least four we¢ks prior to the due retirement date Iprovided Ihal at 18ast th8 minimurn number of Uii¥rAvr¥ will remain in ollbz resl9nalth ts to take elleGt), sutai resignation has taken effed aCLvdanc wilh its ler. No apwnlment or r•opo)inbnenl $haH te peIlled when IM Irustee dffedof In tW8stion has h8ld office for Iwo or more sue¢eswve te$ ol foul years Un$$ the c4)ntinuiThJ trustee diredors reS0e that there are ox¢oPtk)nal rrJimstances requring th• r•¥pwnlmgnt of th• tru$t•o Jiro¢tor. In whi¢h ¢a$o th• tru$t•8 dir•ctor rnèy b• appoinled for an unlimited Trumbw ol fvt1heT ltnns wovKl8d Ihal subs¢ouenl tenn is apwoved at a meeting 01 th• m•mtyo¥#. Nthyiy apwni¢d InJslees ar• gvnn Sullrt tr8kning •r¥l in8lnKKJn in order lo enabkn thom to o)mpW thebr n•¢e8sary dulitrs. Qualthng lthnlpartylnd•mntypm¥isl The Company has made qualtying third-P8rty indemThty provi lor th• benefft of its dirgctors wh were madg during thg y&ar and remain in for at the date 01th r•F#M. Audltor Ensors Accountants LLP wèrè 4pwftted as auditor to the ¢))nyany and a resolulion woposing Ihgl th•y bts f aponted will be wt al a Genw81 MeètiNJ. 8rnall Gompany prvvl•lon• Thls report hos been prepar&J taking gdvgnt8ge of Ihe ex•mption of 8eclion 415A of the Cornpanies Ad 2CQ6. Dkn¢lo•ur• ol Inf¢mwtlon to •udltor¥ Eath of the trustcc¥ ho8 ¢onfirmed thel ther• is inform•b"on of they we •w•r¢ whKh is relevant to the audrt. but of whi¢ Ihe auditor Is unawar8. They h¥ve fvrther confinned Ihat th have tsken appropriat¥ Stop$ to idoiltfy relevant InfOallOn and 10 •$t¥tyliJh tho1 the audrtor 18 84vare ol suc InfOatn. Th* trus was approved ty lh• Bowd of TNstees. Mr D Ambros• Smfth rru8te• O¥te".
LITTLEPORT LEISURE STATEMENT OF TRUSTEES. RESPONSIBILrriES FOR THE YEAR ENDED 31 MARCH 2023 The trustees. who are also the diTedors of Litdeport Leisure for Ihe purpose of company Iw, are responsibk for preparing the Trustees, Report 8rbJ the finanaal 5ts1em8nts in aCrdance with aF¢)li¢able and vnrtea King(Jom Aceounthno Rlarvlarrt4 IllnkAd lMo1)M GÉneral1££8ptedAttnts"O Pracl21. Company Law require¥ lh¢ tryste•a to prepBro finandal Jaternents for aach financial y•arwhth gw• a And falr ¥ of the state ol affairs of the drity and ol the incoming rwjurces 8nd applcation ol r8sourc•s. indudirKJ the Inc)me and expendrture, olthe ¢narnao o)mpany for that yoai. In prnparirvj Ih•s¢ ffinanoal Stalem$. th• trustoes •r¢ loqd to.. . select suitab aoxuntirvj poliLyes 8ThJ aptty them lxr4tst'. . ci)ve methods and prints•$ in th8 Chaith•s SORP: - State whelher applicab UK Acts)untitvJ Standard$ h•w boon folhy•d. subi•a to ony malarial dep8rtureB di8do8gd and w)l•Md In the ffinanra81 slat•ments.' aThJ - pwpafe the financial stalements the c•w balis unfess il IB in8pwwlal• to Ihal th8 ¢)rty wiii conithue In operalwjii. Tha INsle•8 are r6sw)81ble for kooptrvj •Jequ• a(%un rwos Ihai dlBc4w wltli i¥•&wiatslo Jwracy •t any time the financial ty)sition ol Ihe thanty and 8nable them lo ensure that th¥ finanrial slatemenls comply with Ihe Companies Act 2Cth. They are also responsible for safeguarding th• assels of ¢h8rty and henr tor r••sonbl• 8t•PB br th• pr•v•ThtvJn 9ThJ detoelx)n af MI 4)Ihw iThowlRiiU•6.
LirrLEPORT LEISURE INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF LrrrLEPORT LE18URE Opinlon have auditad the financial stalements ol LitUerThl Leisu¥e lthe'thariVI for the year ended 31 Marc 2023 whith comprise the statement of finartcial actIt, Ihe tora sheet and notes to the finaniial Statemts, induding Sionfflentr a(Miintino 1¢1¥ Thp ffinancigl r•portifvg framwrk that hag bogn appliod in th•1 pr4prtion is applicable I and Unrted ngdorn Accounting Stsndard5, iJ11n9 Finanra ReFQrting Standard 102 Th9 Finonci•l Reporting standa Ihtr UK arxl R¥fiwL I11 (viiil1 Kirwlurii G¥)allY A0Pj AK¢unting Pr8¢ts"o). In our op1n1t thp finafKial stat•m•nts'. give a Irue and larr of the state of the thantst41 nnl off•rfs ¥$ 0131 2023 aThJ of it8 IriL>Jriiiriy IUlce5 and aptytcatjon of resrMJrces. for th• year th8n eThJad', have been propeth prepared in a9Xrdar with unrt "ndn General Acawnting PractiL¥: and havo bgen prepored In oe&xdanc4 the tequtyemtrt8 ofthe Cryani88Ad 20rts. Ba•1 lor oplnlon eonducted our aud In occlydce with lnt•rnaby Stsndarth Audknw IUIQ IISAB (UK)) •)d apptirAbl• law. Our r8$pon$'bilrtieB under thow 51ondards a fiJrth8r described in the A¢KYrtols respon'tslihos for th8 audit Ihe LFn•nraal slat¥1)lI¢S )¥L4itMI uf vui i¥wii. VW ¥1¥ lThJependent ol Ihe charty In aC£N¢jan wllli Ilw ¥lli11 requirements that are rebvanl to OUT audrt of Ihe finanoal ststernents in the UK. includin9 the FRC'S Ethical stsndard, and we have luhllled our otrér ethiral responsibibties in att¢rdan¢¢ wth thesè requifeThnts. We believe th91 Ihe audit evidence w• hav• obtsirwd is suffio8nt and oppropiith lo prode • basi$ for our c•'nI. co1•10n T•ln9 to g05ty In au¢Jiling the financial $tal•ments. we have o)nduded that the trusts•8' usè of tho bgsis of aoUntIng in the prepafalion of the finanoal 5talements is appn)wwl¥. Based on the work we ha¥e perlrt. we hav• MI kkntifigd any matsrial uncwlainV•s fglalkng to evonts or ¢onditson8 that, individuolty or eolleclivtty, moy cost snt doubt on th tharity's ability lo continue 88 • cxnc¥rn for a peri¢>J ol at least tsyehe months from when the fin&K4al stalements are authorised for issue. Our responsibilitie$ end the respSIbilitS of the tntsiees with r•sp¢¢l to going f•)rKm ar• doscribed in th& rolevanl sections of thi$ r¢pDrt. Oth•r Infvrniaum The other inlom)ation MpriseS Ihe infomiab.on induded in ts annval report olher than the n?al $18lem•nts and our audilorfs report thereon. Th• lrnsiees are resporsible lof IM olh•r infomiation &)ntain8d ¥wthin the annual report. Our opinion on the financAal ststement5 does not cover the other inf0mn and we do not express any fom of assuianc• c£ffjdv5ion Iher•on. Ouf resp)nsitslty is to read thè oth•r infom)alKJn 8nd. in doJn9 $0, ¢onsid8r wheihei thè olher infom)ation ts Matealty incnsIstent wrth th8 financial 5talernents or our knowledge obtained in ihe cour58 of Ihe audrt. or otheMse appears lo be materialty rni5Staled. If we wjenlfy suth mater1 inctJnsislenrAe$ or apparent rnalerial rnisslatèments, we are reqLhred to d•terrnine wIther thi5 9Nes rise io a maleFI misstatement in the ffinanaal slaternenls Ihemsélves. If. based on w• have perfryrn. ¢>xdud• Ihal thofe Is m•ierial rnisstatement ol this olher infonnatKm, wè ar• wuired lo rewjrt that faQ. have nolhing to report in this regard. Maifyrn on whi¢n 7A r• r•qulrnd to rnport by exc•pUo We have nothino to rp.pnrt in rp5Cl ol the followino mattÈrs in rel¥tion lo whth Iho cl1& (Aerxwnts and Reports) Regulal"ons 2CX)B require us to port to you rf. in (yjr cyinion.. the infortnalK)n given iii the fiTwiiL&gl 5ts¢emewts ts th£5151ent kn any rTWtEFkl te5pe(* wrth thE ttU51ee5' report,. or sufficienl arthuntyng reLa)rds have [t been kept: r the frnanoal stat•ment5 are not in agreement with the accounting record6.' or we have not reiVed all the aTrJ explanat$ we require for ralit.
LITTLEPORT LEISURE INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF LITTLEPORT LEISURE RMpon•lbilHl•s of tru8t•e• As explained rnore fulty in the statemenl of trustees. resp$ties. the trus¢88s, who are also the directors ol the Qharity ftsr tho purptxo of company l•, #r• r•¥pOnsIb for the prepatstiM nf Ihp. ffirtxntrial slaternents and for belno satisfied that they gfve a In and fair Nry6w, and for s intwnal c(Jntrd as Ihe trustees tle1mii is neces$ary to enable th$ preparion of flnanl statements Uwl ¥iv frte motewbal misstatsm•nt, whatheT due to fraud o èrror. In preparing the ffinanaal slatements, thè trusiees are $)nble frr assessing the ¢harills ability to f))ntinue 8$ a going c(Jncem. disdosing. as ap1¢ab. matters 101¥ to going rA)nM and u51ny lh& goin9 oinrAn basis of aCC1nn9 unless the tnjslees ethr inlend Its liqui¢Jale the Ctsrrtab company or to cease operatn$, or havg no realisiK altemati trMJt to do 80. Audllorf• r••pon•lblllllH lor th• audltof th• fln•nclal •t•t•monl• We havo boen appointed as audrtN uthr sedn 144 of the Ch•rilies Ad 2011 and r•rKxt In a¢xorw wftn the Ad and r•l•vanl regulations made hawno AffArt IMr•under. Our oble¢tNaS ar• to obtsln reosonth assuran ?bDth whether Ihe fina[•1 staterrnts al • thole from moterial misstalement, whether due lo fraud or wroT. and to issu• an auditors report th81 indltdes our opinlon. Reasornab assuranc is a high level ol assurance trwjt is not o guarantee th an audit conducted in 8ccord8nce whh ISA$ IUbQ will hvay$ ¢Yelert 3 m#ltil misllempnt wh•n it e$15 Misstatements ¢an arise from fraud or error and gr8 considered m8tsrial rf, YmdU01ty LY in the aregate. ty could r•axNwbly be e¥peded to influgnca Ili¥ e¢onomic deraèions of users token on the bgi¥ ol thcse finan¢4al 6tatarnonls. The tnI to trjr pmc¢durns arg of dg1gding IrreguW8$. irtJwJirvJ fraud. Is dataiioa Dtlow. In identifying and iisks cl matsrbgl mitatm in re8p¥A of 1Th09th, Induding fraud, thg audll eng89gment leam.. oblained an undersl8nding of the nalwe of thè In$ aThJ seLor, KhJing Ihe Iggal And regulalory tr3mwork In the company operates M ana the company ¥1¥ tXXiiFAyitry wilh Ihe legal and ro9uliittsry . Inqui ol management. thoso (argeO rylh go¥emanc•. about their idenlificolion and $gS5ment of th• rithj tsf r•gul•rk8. KKIal9 ony knwn •Clual, su6pothd or all•9•d Instanc48 tsf fraud.. . di$s8d mattefS at#)Ut notFcornpl1an wilh lth¥s and wulalions and how fraud mlghl ¢Cr Indudkng
i1nI of hrw and tr• th• finwi81 AtAt&mAnls may bè susceptst4e to
H¢x$vèr, rt is Ihe prirnary f8sponsibilty of management. wrth Ihe oversight ol those tharged with governanc•. lo ensure that the entivs cperations are ¢cCted in accordarKe with th8 PTOW'S1lS ol lvs and regallonS and for the prIntion and dete¢tion offraud. A furth$r descriptKn of r8sponsitslithes is wikble Ihe Finanoal Reporting Coun(yls w¢bsitO al.. https'.11 www.frc.0rg.uklaudrtorsr•spwbilits. This d•suiplhyi fomis Port ofour audiWs mporL Other mott•r Comparativé information in thg finanoal ststements 1$ derived frwn o)mpanY5 prv)r p8r•)d financial staternants whth re Mt aJrted
LIThLEPORT LEISURE INDEPENDENT AUDrroR'S REPORT (CONTINUED) TO THE TRUSTEES OF LITfLEPORT LEISURE U•• of our r•port This I• 1$ m•de s019ty lo dwiVs INst••s. • a Iy. in x0)rd8 ith 4 of tr chwi19 (Actthnts Rèports) Re9ulal¥>ns 2CX)8. QJr has beem rthrt so Ihal w• slatg to the ¢YMntys twull JIOn Lmon IS•nlor Ststutory Audlt•r) for •nd on b•hill of En•or¥ Acc¢)untsnts LLP 25 March 2024 Chirt•r•d Aeeounlnl• 81atuioryAudhor Chr4WS y. Ho C824 92R Ervdors Aethuni•nt• LLP 18 d4¥ble tr Itrnart as •Ilv of lh• (• ol li• •Wty for appowitsl audrtty ofo urKl•r 1212 01 lh• Crxry>aThMAcl 2(.
LirrLEPORT LEISURE STATEMENT OF FINANCIAL ACTMTIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2023 Tol•l umtrIC RtrICd fvnds lund$ 2Q22 2022 Totsl fund• 2023 lund8 2023 Z02S 2022 com• Irprn: Donations and l¢gtths Ch8rltable actNilie3 3.751 13. 17251 43,835 178.9111 178.987 T¢lal InGom• 289.1 13,SC 282,e80 222.822 222,822 Charrtable acts1 233,8S9 42.011 275.870 139. 41.976 181,876 Not Incomell•xpondltyr•l and mov•mpnt In fiinrf 35.11 128.511) 141,9761 40.948 R•concllltr¢>n of lund•: Fund bal9n$ al 1 A1 2022 184.570 5,054,402 5.238.972 101,648 S.096,378 S.198,026 Pund b•l•nGv •t 31 PA#rGh 2023 219.871 s,(r25.891 5,245.762 184.570 5,054,402 5,238.972 The $18tem9nt offinano018¢lfveS wKAud68 all gain and kxtes rwni8od *) th& yw. All irm 8nd 8xnrture denve Irorn ojntinuing actlvmles.
LITTLEPORT LEISURE BALANCE SHEEr ASAT31 MARCH2023 2023 2022 Flx¢d au•ts Tanoibb •&xtJ io 3.091.051 Cyry•nt Dbtar8 Cash at bank and in haTrJ 11 10.289 246.945 11,$45 166.260 257214 177,805 Cr¢ditor4: •mounts lalllng T5th1Tr y•4r 12 75.307 Net ¢urr•nt 8$8•ts 181,9)7 147,321 Totsl ••••ts lom curr•nt Il•blllll•• 5.245,762 5,238.972 Th• funth ofth• charlty R•striel¥d income fu1$ Vnro$trTOtèd fund¥ 14 S,02S,891 219,871 5,054,402 184,fJ70 5.245.782 5,236,972 Ihe company Is enthled to the exemptK)n from Iho audft requirgmwtt rgxts1rd In s•con 477 of thg cnpan8 Act 2CQ6. for Ihts year end•d 31 Kri?. •it h•# bwi earTi•d ¢yJi 8•rtb?n 144 of Ihè Charil• Act2011. Th dlre¢lors acknowl8th38 Ihelf resF¢)nsibllllles for ctynplwNJ the rnquirem8rrt8 of the CornpaiNe8 Ad 20CK8 ¥¥tth resp•¢t to a¢untIng r8c¥Jrth oThJ the preparation of finanual ¥latements. Th8 members have ncrt requir•d IM ¢ompany to obtain w ¥udil of ils finan¢ad statements r¢wir¢menls of the CompanlesAct I(, for Ihe year In q)n in ¥crnrrJanc8 wth sedion 476. Thesè finandal statements have t•8n wepornd ¥c(¥)rdw wilh oppkrAbl• to companies subje to tha Small eompanies re9ime. r D Ambrose Smith Company registrAl1n nijmbw 08tr28727 (England and Wales)
LirrLEPORT LEISURE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 Accounting polkl•• Littleport Leisure IrnIted ty Guaranteè} is 8 wr4ate o)mpany limited by gU8rontoe incorporated kn England and Wales. The re9iSter•d offKe is Cafi Roaj, LrftWrL Camb& C86 1EW. 1.1 A¢¢ountlng con¥tIon Th¥ finanoal statements bn prepar•a In ac£>)rdan wrth tne Lartys MgMorarUrn ¥nd Artlckns. tho Companias Act 20 and "A¢CoUnti and Rwrts"no by Charilies." Siatemenl of Recommended Practi¢0 app1i¢8bl¥ lo charities preparing their aCts)t$ accordance with the Financial RewrtiTrg Standard oppli¢abl¢ in the UK and fi•ptsNie ol Ir•land IFRS 102) 1 .laniJ8ry 20191" The charity is a Public Benefft Enlity as defffted ty FRS 102. The ¢harty has taken advantsge oflhe the SORP forthare4 app'rj FRS 102 Vpdolb Bulln 1 not to prepare a stsiomenl of Cash Flow& The finartaal $talements afe prepar8d in 8tertin9, is Ihe funclMThl rrOr of ihe dwrity. Montrtsry ¥iiiwiil¥ iii fiiwiiiial slalements •r nded to lh¢ neoretst £. The finandal slatements b8•n th• la) ¢aNNenlon. The prindpal •cwuntsNJ poIv•B adopt•d ar• $•t out b•kw4. 1.2 Going ¢on¢•m At the tim• Af ApDmWl thft finAnual sl8lernent8. Ihe Iruslee5 have a rnaSonab expertatn ih81 the tharity has odequate resources lo CClInue in operatinal eli0r for the for8s¢eab fvture. Thus the trlee5 continu 19 •dopt th• golng LvJno¢m bo&6 of 4ccounlin9 In pr•parino th• ffinAnLyal #tnIA l.) Ch•dlabl• fund• Unr¢sincled lunds ar¢ ¥v8ilabl• for use #t lh• dweliw of th• trustees in lurtherance ol their tharrtaN8 Re81iicl¢d funds are Buty to $peak (y)ndibon$ by donors or ortntors as io Ihey may be us¥d. Th& puysae¥ #nd u#¢$ ofthe re91ried fvnd6 WO Set In th• I1•$ to th• f181 st3temAnl 1.4 Inc¢m• Incorng from admissth fees ?Thl us• ol ladlities r•cud8d when I1¥&ble vthenever th& #mount 16 known; otheTrW it is aeeounted for M • cash feceNed basis. lrtom¢ from donabon$ and interest are ¥K4uW when re(w•b ty the dwiity. Lcol aulhority glS are recoled ac(nwls basis lo the extent that thg vah ean be determin•d with sorne awr8Cy. 1.5 Exp•ndlture Resources expended are inclu¢Jea in me b&Memem of Finanrjal AaMtt8s on a1115 Lsis. indusive of any VATwhth cannol te reernfed. RvsouiGes expended on tharilable ac*vibès h)ckths 011 ¢•Y4ts of0per1On oftha Sports contr•. Goveman costs Indje audrt. accountary lees and othw c¢sts asso(yaled Vth statutory Tequirements and gov¢mance ofthe ChaTity. 10-
LirrLEPORT LEISURE NOTES TO THE FINANCIAL STATEMEKrs (coKriNUED) FOR THE YEAR EIIDED 31 MARCH 2023 AGGountkn9 ptrIIGle• Iconunuvtll 1.6 Tanglbl• flxed a•••ts Tan9ible fixed 0s8vls iiiilkilty liVbu] at afvj measwed t ul depreaation and any impainnent k)sses. Depwtation i.- ret4)gnixd 80 88 to writ• off th• gxt w vahJai)n of assets teos their rewdual valu•0 ov•r Ih•ir uselul lives on the folknling tra.. Lt¥8hold land ar#Y l$no8 Sports equipment Flxfvres ar rrtu.rys 21YA per annum $travJht I18 33% per ¥nnum swalgm Ifv 115% iedu(ang balance The gain or loss arising on Ihe dwsal ofan osset is determined as Ihe dtfference btheen the B1• PrdI and ¢he carrying Valug ofthe a&wl, and bs r¢r•wwl in the 8latement olffinanud ath"¥itses. 1.7 Imp•lmwnt of Ilx•d iu•ts At oaoh rcportiA9 ¢nd date. Ihe eth•ibty rt¥iewa Iho rarylr•J of hs taTrAible to deterrnints whether there is any indi¢atv)n that those assets have suffered an inpairThnt loss 11 any such ind¢alion exlsts, m8 rec¥)verable amount ol Ihe asset Is esbmatga In Order to determine tho exlenl ol the Impaimient lo lrf•ny). 1.1 C••h and #h Cash and cash equNants indud• ¢a6h in hand. depo%ts ld 01 call with banks, other short-terrn liquid Investments wth original moluirties of Ihre8 month$ or less. and bank overdfafts. Bank ovordrafts are Shown within l>)rrowiNJs in cuThgnt ll9lIbe1. 1.9 FSnan¢5•1 lii•¢rum•nl¥ The ¢h8nty has ele¢ted lo apply the pro$10n5 of Section 11 'Basic Finanaal Instruments. and Secllon 12 'Olher Financial InStWm1I Issues. ol FRS 102 to 011 Of rts finanLyal insirurnents. Finanual Instrumènts Orn r•cogni8•d kn th• ¢hariV$ tsalan 8he8t when the tharity become$ rtY to th• nlraclual pro$¥ ofthe instrument. Flnandal ass¥ an(J Iiabiltties offsel. wilh ihe net amounts presented in tha ffinanclal statements, when therè 1$ a legalty enforc88bk riglrt lo sei off lh• r8cognised a)Unts and the is an intentlgn lo s¥ttl¥ on a n ba$1$ orlo realise th8 ass¥t ¥nd selile the Ilabilrty simukneously. 8•81¢ fin•ncl•l•ss•ts 8a5ic finawal assds, whth indudè debtors and (ash and bank balancs, are initialty measured transacts'on price including transact and aro subwuentty G8ffied al amortis8d eost using thè effective Irrterest mèthod Un$$ tho arrnngement t))nstsbthes a financing transaction. wher8 the transaction is measured at Ihe presonl valu• of the fvlure receipts discryjnted at a market rate of interest. Finanual as6ets assrfled a$ feceivable within one y•r •re not amortised. ii
LITTLEPORT LEISURE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 Accounttnu polic1•• Iconllnuodl BaC fjnanaal liabilities. indudino eJeditors and b8nk S Te(wii$8d at trans&#w price unless the arrangernenl ¢on$b"lutes a finanang transaLon. where the debt instrument 15 msasured at the pt8seni dluo of tho fvtur• payments disccthw at a m8rkAI r•tÈ of inler8sL Fiancaal Uabilib8s dassrfied as payable within one year are not amtyts"sed. Debt in81rumrts are lubwntty Caled #l 8nKKbsed COJL uskng 8ffediv• Interest rats method. Trnd8 ¢xeditors ar• oblwJais to poy for >jd5 N sepites that have b98n acquirtrj in Ihe ordinwy ¢QUfse of operations from SUpplr8. Amounts payable #re dossi1 as ¢urrem IkgblllUtr$ li paymeni Is wllhln on¥ year or l•ss If not, thry aw pr@sented 85 non4JJrrenl liabilth$. Trade ttedilors are recognlsed initidty at trOn8actk pwKe •nd subsequently meowr•d at rnti8od ¢ut th• •ff8(1 inlwesl m¥thod. D•rncoqnlllon of ftnncl•l M•bllltl•¥ Financial liablU•S are dere¢w188d ¥¥hen tho chwws oNythns ex're or art d¢haTged or nooll¢d. 1.10 £M0Y• b•n•llls Th• eo$t ol UThu AnliffHm•nt th r•coJniBed In th8 wwJd kn whlth the empby••'s 8r• recA8ived. TerrninalKin beneffits ar8 recognised Immediatety 0$ an exen Wh the d)arty Is dgmonstrabty committod temiinate Ihe empioymem of an emF4oye¥ vi ILI yuvid¥ tsrminatpjn bwfit¥. 1.11 R•tlf•m•nl b•n•fltr Payrnenl¥ lu ¢J¥fiiiL¥J wiitsibulity) b¢n•fit •r thargod 00 (ffi •xwn6• th•y f•ll du8 Crltlcal accountSng tImAt•8 and ludrpm•nts In lh8 applKv)n of lh• th•6ty'$ acgAM)try p(4KAes. the art reqrnd to myke judg8m8nts, timate5 and assumplion$ aboul Ihe carrying amount of ass$ and lbIlItyes thai are not readlty appaient from other 8n1ire% The estimatès and associated wumpbons are based on historical experienc¥ and other lactrys that are ¢on$idered lo be rebmnt. Actual resums may dhler from esi¥nale$. The eslimates and und¢wlying gssurnpbry art rewewed on an orvjoing basis. RewstrJn$ to AcrKJunting estirnates are re0)gni in tho pern)d in whK the ests.ma k% rewsed where th• revtsw affects llY that period. ty in Ihe period of thè rwsion and futur8 penods whw¢ th8 revision affecls bolh currènl and futur• penods. Incom• froffl dOlk)n* and l•g•cle• Unr•4lrfcted R••trict¢d fund• fvn(ts 20ZJ 2023 Totsl Unmtrlctsd Restritted lunds lunds 2022 2022 Total 2023 2022 Dvii¢iiknn8 •TrJ 9dls Grants 3.751 3.761 13.9)0 6.835 37.orJ) 6.835 37.000 13.5TrJ 3,7$1 13.5Tr) 17.251 43.835 43.635 12-
LITTLEPORT LEISURE NOTE8 TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 AIARCM 2023 In¢¢me frnm donallorn l¢ontlnugdl Tolal luntl• fvnd¥J 2022 2023 2023 2023 2022 2022 Grants r•c•lvbh frr cor• •ctlvlll• Co¥ld ond other 9r8nl8 27.0 37.1 13.5 13.5(KJ 13.SiXI 13,5 37.1))O 37.cdlo Ch•rltsbl• •etlvllS•• Ch•rltsblg Ch•rttsb aetlvlt ¢VItI•l 2023 2022 Centre actiwties Interest recaiv*d 265,7 342 178.977 10 26S,409 178.987 1J-
LirrLEPORT LEISURE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AIARCH 2023 Ch•rltsbl• •ctl¥Stl•• Tvtal Unr••tslGt•d R••trlct•d Totsl 2022 lund• 2023 fv*¥ 2023 2023 lund• 2022 fvndg 2022 Staff costs Dcpre¢iatbn and irnpaim)¥nl Adrninlstrattve txpen Adv•rti$ing and stsff w•Mare 73.447 73.447 59.975 59,973 13.086 42.011 65,827 120.76 13,648 41,976 37.033 78,881 261 281 224,289 42.011 286.JXI 134273 41,976 176,249 Gh•r• olPP cAts (Jeo nole ) 9.570 9,570 5,627 5,627 233.859 42.011 275,870 I39.) 41.976 161,878 Anaty•h by fun UAre$trict8d fijnds Reslrtcled fund 233.859 233.B59 42,011 139.WJ) 139,900 41,978 42.011 41,976 233.859 42.011 275.870 139.KQ 41,970 181,876 Accountsn¢y f• 2023 2022 Audrf ol the ctsritls anr1 accounts Non-audlt s•NI¢•• Other assurano sarvices All otsr non.audrt seNc 4.oc 1.602 T¢)tsl non•audll fe 4,820 5,602 Tru8to None of the twstee$ lor any persons Lx>nnedod wilh them) rtt•Md any remYratiL or benefits from thè charity during Ihe year. Thttrg is insurance ¢o¥er f¢1 the InJ5tees 8y8in$t liablty arising knm their tsffi. The premium paid is induded wilhin the premwm for puwic litsbilty eover. 14-
LITTLEPORT LEISURE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 The average nY)nlhty Trjmtér ofemF4oye&s duriw the yearwas: zozJ Numl>ar Numb•r Sports and reGreation AdministralK)n and mana9gment Rption Total EmployThnt 1$ 2023 2022 ges and saLarie$ ()ther penwn costs 72.261 1.188 59,135 73,447 59,975 The chgnty IN8tee8 wern neltrw paid nor receNed any olhr beneffls from empwment with the r0rty In the yoor12022- £nil) n•ith•r were they rimbursed expenses during lh¥ y¥01 (2022- £nill. No carty twstee recived payrrm or WK•S Suppla to IM canty12022. Lniii. Ther• were no t0ye¥S Wh annual rntion was more thgn £80.(XKI. T•x•tlon Th• th•rty is exempt from taxation on Ns acai¥itios bfj(¥us9 all tt8 Ilne L8 appld thwitablp puipuw. 15-
LITTLEPORT LEISURE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AIARCH 2023 10 Tanolbl• fix•d aM•ts T•tal 4kJln Co•t Al 1 April 2022 Addthns S.247.[0 17.856 70,258 9.425 51.758 5,JOY,016 27.281 At 31 March 2023 5.264.856 79,6BJ bl.758 5,39S,297 O•pM¢l•llon •nd Smpalmffit At 1 April 2022 Depreciation thafg8d in tho year 788.878 42,011 82245 7,940 211.242 5.126 277,J65 55,077 At 31 March 2023 230.889 70.185 31,388 332.442 Cirrylnq amount At 31 March 2023 5.033.987 9.490 20.390 6,C63.855 Al 31 March 2022 5.058,122 8.013 25.516 5,091.651 11 ogbtorn 2023 2022 Amwnts lalllng du• t4th1n on• ymr. Trodts debtorG Prepayments and InMe 9,205 10,S73 972 10,289 11,545 12 Cr•dltors: •mounts falllnp du• tAthln on• 2023 2022 Olher iaxation and socaal srity Trade cf8ditors Olher ¢7editor5 Ac4>U81s and deferred Inm0 5,255 6,462 1,920 16.847 55.268 1.920 9,750 75.307 16-
LITTLEPORT LEISURE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 Dofined conlrfbutlon •¢hwn Th 111Y UPeldl¥¥ 4 Llerli1j wnuibuuon pensk>n srne for 1 quainyiThJ ernpyees. The asEets ol Ihe scerne are held separalety frcrfn those of in an nknndentr administered I4w. Al the balanc4 shoth datè £16g12022. £nill ttf r8 The char9¥ lu thB unve5tiict•d lurbjs profft or kJs8 In r•spKI of ¢Jofflftoa srthes vrd8 £1,180 {2022- £8401. 14 Rvtrl¢l•d lund• The resln"ct¢d fvnds of the tharity the Txnded baianw ol donallons and grant8 hold on tru subject to swrfi¢ rA)nditiC$ by donors •$ to htr• they may b• us•d. At 1 Aprti 2022 In¢omln9 Rttouf¢•J At 31 M•r¢ r•wurc •xp•nd•d 2023 S,054.402 13.5 {42.0111 5,025.891 Pr•vlou• y••r. In¢omlng R•sourco8 At 31 March rnsourc oxpended 2022 2021 S..376 141,976) 5,054,402 The reslrict•d lund h88 ari8•n as a resum ofthe Trand vJ builngs donat•d by Cambridge CvJnty Council and the Parish Countil which wdl be transltffed bad( in the •¥ent ol Ihts ndIr@ up of the charity. The ts•l•n represents thè nel book value ol Ihe don8ted land and buldings. 15 Unmtsletsd lund¥ The unièstricted fvnds of the chanty ¢omprise Ihe unexp8nded balan¢¢s of donations aThJ gfaTrts which are not subject to 5pe¢ific condrtions by donors and grantors as Its how they may te u. These indude deslgnated lunds whth hava 84¢ aside out of unr•striet•d fvnd$ by th• tru$l•¥$ Speci PurpS. At 1 Aprll Incornlng Re¥ourc• At 31 March 2022 r•wurc•¥ •xp•nd•d 2023 G8neral luwwJ8 184.570 269.160 1233.8S91 219.871 Prevlou5 y•ar. At 1 Apwll 2021 Incomlng ource ResourGes At 31 Mjrrh expended 2022 General ndS 101.648 222,822 1139,KQ) 184,570 77-
LITTLEPORT LEISURE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 10 Anal1 of n•t •M•ts b•ton fund Total UnreslThaed Restn(led fvnds nds iot81 lund8 2023 lund• 2023 2023 2022 Fund balarK*s at 31 March 2023 are Tepre$8nled by.. TAngiblè 03sels CurFW)t as8et810iab4ilw¥l 51.465 S,012, S.C63.855 18•,7 181,907 37,247 147,321 5,054,404 5.091,651 147,321 233.372 5.012.3W 5,245.762 184,566 5,054.404 5.238,972 17 Control Th• tharlty ¢ontroNgd by th• txmrd of tsustws. 18-