C￿rtty ngi¥tr•tltin number 1147008 Company r•gi#tratltsn n￿￿1￿￿1028727 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' r*pgrt Slalernènt oi irusiees. responsibitsw.es Independ$ftt auditorfs report SlalemeTrl of financial ac1Nrt￿S Balance sheel Noi•* to the fingnci•l AtAt*m*ntx 10-18 LITTLEPORT LEISURE TRUSTEES. REPORT {INCLUDING DIRECTORS. REPORT FOR THE YEAR ENDED 31 MARCH 2023 The trustee$ 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, ￿l￿￿elrIg on¢J enJoym8nl of spons. fftness ¥nd soc4al aC[fvtt￿S a5 well as worK disadvantaged groups Wrthin the communty. We $lnv* lo increase usa0¢ of all Ihe soorting areas wrthw) Ihè ¢ompknx ¢Je5pil¢ the $trona eompeb"tK)n Irom kJc41 ¢oun¢il ané private sporls facilrti•s Public benefil Publle ben•fit In shaping our Ob￿ct￿e$ for Ihe past year And planning our octmt￿s. the InJ$tees h8ve considered Ihe Charity Comm+ssion'$ guidance on the operation of the public benefit requirement under the chari1￿5 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 *h￿VeMen[S ag8inSt oty"eefvv•s Th• Chirity hos had a good year 4nd conliTryes to w)(4*èse Ihe fowf¥ll vf iii¥iithi> oivj ua•i yroups lo the Gentre. Tlie Lentfe $18n*d Ine year wrtn aw ine r•9u*f ¢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 ncp*4 heid once a monlh The Cen￿ 81s0 has variou$ ¢hildren's a￿1vIleS such as soft play, Football Fun Factory, School of Dance and Monkey Music. t185sès 8uch sJ8 rtanrfft anrf Jiinihr rire.iJilX hAVf* %tArt*rt 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 celebrat￿n9. 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 09t￿n for Ihe gym and dasses as HIIT. ar￿￿. ycga and ￿lateS et¢. These pnces are ry ¢0M￿lt￿# 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. Su￿ul 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 co1￿lated. 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)un￿l tsx rtue lo a diwottonary ral06 rellef boing wilhdrawn. Thls alr￿￿t5 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 sffjnlfjr￿DTty 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 8ctmt￿s of th• olanty by their ¢Jay to fjay Involvement Iri Ili¥ op*ratA)ns nl thft tharity and 1hro￿h a system ol intgmal controls des*anwJ 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 prcJriiiriy I￿Ulce5 and aptytcatjon of resrMJrces. for th• year th8n eThJad', have been propeth prepared in a9Xrdar￿ with unrt￿ ￿"n￿d￿n General￿ Acawnting PractiL¥: and havo bgen prepored In oe&xdanc4 ￿ the tequtyemtrt8 ofthe Cryani88Ad 20rts. Ba•1* lor oplnlon eonducted our aud￿ In occlyd￿ce 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 ¥lli1￿1 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 pro￿de • basi$ for our c•'nI￿. co￿1￿•10n* T•l￿n9 to g05ty In au¢Jiling the financial $tal•ments. we have o)nduded that the trusts•8' usè of tho bgsis of a￿oUntIng 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 s￿n￿￿￿t doubt on th* tharity's ability lo continue 88 • cx*nc¥rn for a peri¢>J ol at least tsyehe months from when the fin&K4al stalements are authorised for issue. Our responsibilitie$ end the resp￿SIbilit*S of the tntsiees with r•sp¢¢l to going f•)rK*m 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 inf0m￿n 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 Mate￿alty inc￿nsIstent 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 mater*1 inctJnsislenrAe$ or apparent rnalerial rnisslatèments, we are reqLhred to d•terrnine wI￿ther thi5 9Nes rise io a maleF*I 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 rp5￿Cl ol the followino mattÈrs in rel¥tion lo whth Iho cl￿1￿￿& (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 re￿iVed all the aTrJ explanat￿$ we require for ￿ra￿lit. 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 tle1*mii￿ is neces$ary to enable th$ prepar*ion of flnan*l statements Uwl ¥iv frte motewbal misstatsm•nt, whatheT due to fraud o èrror. In preparing the ffinanaal slatements, thè trusiees are ￿$￿)n￿ble fr*r assessing the ¢harills ability to f))ntinue 8$ a going c(Jncem. disdosing. as ap￿1¢ab￿. matters ￿101¥￿ to going rA)n￿M and u51ny lh& goin9 oinrAn basis of aCC￿1n￿n9 unless the tnjslees ethr inlend Its liqui¢Jale the Ctsrrtab￿ company or to cease operat￿n$, 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 sed￿n 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 staterr*nts 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#l*ti*l mis*l*lempnt wh•n it e￿$15 Misstatements ¢an arise from fraud or error and gr8 considered m8tsrial rf, Y￿mdU01ty LY in the a￿regate. ty could r•axNwbly be e¥peded to influgnca Ili¥ e¢onomic deraèions of users token on the bg*i¥ ol thcse finan¢4al 6tatarnonls. The ￿t￿nI to trjr pmc¢durns arg of dg1gding IrreguW￿8$. irtJwJirvJ fraud. Is dataiioa Dtlow. In identifying and iisks cl matsrbgl mi￿tat￿m￿ in re8p¥A of 1Th09￿th, Induding fraud, thg audll eng89gment leam.. oblained an undersl8nding of the nalwe of thè In￿$￿ aThJ seL*or, *Kh*Jing 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•r*k8. KKI￿a￿l9 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 ¢C￿r Indudkng #i￿1￿￿￿nI of hrw and ￿t￿r• 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 ¢c￿￿￿Cted in accordarKe with th8 PTOW'S1￿lS ol l*vs and reg￿allonS and for the prI￿ntion and dete¢tion offraud. A furth$r descriptK*n of r8sponsitslithes is wikble ￿ Ihe Finanoal Reporting Coun(yls w¢bsitO al.. https'.11 www.frc.0rg.uklaudrtorsr•spwbilit￿s. 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 a￿Jrted 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 I￿y. in x0)rd8￿ *ith 4 of tr* chwi1￿9 (Actthnts Rèports) Re9ulal¥>ns 2CX)8. QJr has beem ￿rthrt￿ so Ihal w• slatg to the ¢YMntys twull￿* JI￿On Lmon IS•nlor Ststutory Audlt•r) for •nd on b•hill of En•or¥ Acc¢)untsnts LLP 25 March 2024 Chirt•r•d Aeeounl*nl• 81atuioryAudhor Chr4WS ￿y. Ho C824 92R Ervdors Aethuni•nt• LLP 18 d4¥ble tr I￿￿trnart as •￿I￿lv of lh• (*• ol li• •Wty for appowits￿l 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 um￿trIC￿￿ R￿trIC￿d 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 acts￿1 233,8S9 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•conclll*tr¢>n of lund•: Fund bal9n￿$ al 1 A￿1 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¢lfv￿eS wKAud68 all gain and kxtes rwni8od *) th& yw. All irm 8nd 8x￿n￿rture denve Irorn ojntinuing actlvmles. LITTLEPORT LEISURE BALANCE SHEEr ASAT31 MARCH2023 2023 2022 Flx¢d au•ts Tanoibb •&xtJ io 3.091.051 Cyry•nt D*btar8 Cash at bank and in haTrJ 11 10.289 246.945 11,$45 166.260 257214 177,805 Cr¢ditor4: •mounts lalllng T*5th1Tr 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 fu￿1$ 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 rgxts1r￿d In s•c*on 477 of thg c￿npan￿8 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 registrAl￿1n nijmbw 08tr28727 (England and Wales) LirrLEPORT LEISURE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 Accounting polkl•• Littleport Leisure I￿rnIted 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 b￿n prepar•a In ac£>)rdan￿ wrth tne L*artys MgMorar￿Urn ¥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 forthar￿e4 app￿'r￿j FRS 102 Vpdolb Bull￿n 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 ApDmW￿l thft finAnual sl8lernent8. Ihe Iruslee5 have a rnaSonab￿ expertat￿n ih81 the tharity has odequate resources lo CC￿lInue in operatinal eli￿0r￿ for the for8s¢eab￿ fvture. Thus the tr￿lee5 continu* 19 •dopt th• golng LvJno¢m bo&6 of 4ccounlin9 In pr•parino th• ffinAnLyal #t￿*￿￿nIA 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 re91ri￿ed fvnd6 WO Set In th• I￿1•$ to th• f￿￿181 st3temAnl 1.4 Inc¢m• Incorng from admissth fees ?Thl us• ol ladlities ￿ r•cud8d when I￿1¥&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 g￿lS are reco￿led 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 a￿￿1115 L*sis. indusive of any VATwhth cannol te reernfed. RvsouiGes expended on tharilable ac*vibès h)ckths 011 ¢•Y4ts of0per￿1On oftha Sports contr•. Goveman￿ costs Ind￿je audrt. accountary lees and othw c¢sts asso(yaled V￿th 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 liV*bu￿] 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 I￿18 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 B*1• Pr￿dI 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 inpairTh*nt 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 equNa￿nts 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 ll9￿lIbe1. 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 InStWm￿1I 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 balanc*s, 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 Ba￿C fjnanaal liabilities. indudino eJeditors and b8nk S￿ Te(wii$8d at trans&#w price unless the arrangernenl ¢on$b"lutes a finanang transaL*on. where the debt instrument 15 msasured at the pt8seni dluo of tho fvtur• payments disccthw at a m8rkAI r•tÈ of inler8sL F*iancaal Uabilib8s dassrfied as payable within one year are not amtyts"sed. Debt in81rum￿rts are lubw￿ntty Ca￿led #l 8nKKbsed COJL uskng ￿ 8ffediv• Interest rats method. Trnd8 ¢xeditors ar• oblwJai￿s to poy for ￿>jd5 N sepites that have b98n acquirtrj in Ihe ordinwy ¢QUfse of operations from SUppl￿r8. 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$. Trade ttedilors are recognlsed initidty at trOn8actk￿ pwKe •nd subsequently meowr•d at rnti8od ¢ut th• •ff8(1￿ inlwesl m¥thod. D•rncoqnlllon of ftn*ncl•l M•bllltl•¥ Financial liablU￿•S are dere¢w188d ¥¥hen tho chwws oNythns ex￿'re or art d*¢haTged or nooll¢d. 1.10 £M￿0Y*• b•n•llls Th• eo$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 ex￿en￿ Wh￿ the d)arty Is dgmonstrabty committod temiinate Ihe empioymem of an emF4oye¥ vi ILI yuvid¥ tsrminatpjn bw*fit¥. 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 applK*v)n of lh• th•6ty'$ acg*AM)try p(4KAes. the art req￿rnd to myke judg8m8nts, ￿timate5 and assumplion$ aboul Ihe carrying amount of ass￿$ and l￿bIlItyes 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 l￿lY that period. ty in Ihe period of thè rwsion and futur8 penods whw¢ th8 revision affecls bolh currènl and futur• penods. Incom• froffl dO￿lk)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$1 13.5Tr) 17.251 43.835 43.635 12- LITTLEPORT LEISURE NOTE8 TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 AIARCM 2023 In¢¢me frnm donallorn l¢ontlnugdl Tolal luntl• fvnd¥J 2022 2023 2023 2023 2022 2022 Grants r•c•lv*bh fr*r cor• •ctlvlll•* Co¥ld ond other 9r8nl8 27.0 37.1 13.5 13.5(KJ 13.SiXI 13,5 37.1))O 37.cdlo Ch•rltsbl• •etlvllS•• Ch•rltsblg Ch•rttsb aetlvlt *¢￿VItI•l 2023 2022 Centre actiwties Interest recaiv*d 265,￿7 342 178.977 10 26S,409 178.987 1J- LirrLEPORT LEISURE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AIARCH 2023 Ch•rltsbl• •ctl¥Stl•• Tvtal Unr••tslGt•d R••trlct•d Totsl 2022 lund• 2023 fv*¥ 2023 2023 lund• 2022 fvndg 2022 Staff costs Dcpre¢iatbn and irnpaim)¥nl Adrninlstrattve txpen Adv•rti$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• ol￿PP￿ cA￿ts (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$trict8d fijnds Reslrtcled fund 233.859 233.B59 42,011 139.WJ) 139,900 41,978 42.011 41,976 233.859 42.011 275.870 139.KQ 41,970 181,876 Accountsn¢y f• 2023 2022 Audrf ol the ctsritls anr￿1 accounts Non-audlt s•NI¢•• Other assurano sarvices All otsr non.audrt seNc 4.oc 1.602 T¢)tsl non•audll fe 4,820 5,602 Tru8to None of the twstee$ lor any persons Lx>nnedod wilh them) rtt•Md any remY￿ratiL￿ or benefits from thè charity during Ihe year. Thttrg is insurance ¢o¥er f¢1 the InJ5tees 8y8in$t liablty arising knm their tsffi￿. The premium paid is induded wilhin the premwm for puwic litsbilty eover. 14- LITTLEPORT LEISURE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 The average nY)nlhty Trjmtér ofemF4oye&s duriw the yearwas: zozJ Numl>ar Numb•r Sports and reGreation AdministralK)n and mana9gment R￿ption Total EmployThnt ￿1$ 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 r*0rty In the yoor12022- £nil) n•ith•r were they r*imbursed expenses during lh¥ y¥01 (2022- £nill. No c*arty twstee rec*ived payrr*m or W*K•S Suppl￿a to IM c*anty12022. Lniii. Ther• were no t￿0ye¥S Wh￿ annual ￿rn￿￿tion was more thgn £80.(XKI. T•x•tlon Th• th•rty is exempt from taxation on Ns acai¥itios bfj(¥us9 all tt8 I￿l￿ne L8 appl*d 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 Smpalm￿ffit 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• t*4th1n on• ymr. Trodts debtorG Prepayments and In￿Me 9,205 10,S73 972 10,289 11,545 12 Cr•dltors: •mounts falllnp du• t*Athln on• 2023 2022 Olher iaxation and socaal s￿rity Trade cf8ditors Olher ¢7editor5 Ac4>U81s and deferred In￿m0 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 Llerli￿1j wnuibuuon pensk>n s￿rne for *1 quainyiThJ ernp￿yees. The asEets ol Ihe sc*erne 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 ￿T￿x￿nded 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 buil*ngs 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￿ Purp￿S. 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 Anal￿1* of n•t •M•ts b•t*on 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-