2022-03-31-accounts - Sturfit

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SturFit

Annual Trustees Report 2021-22

Administration Detail

Registered Office: Sturminster Newton Leisure Centre Honeymead Lane Sturminster Newton Dorset DT101EW

Charity Number: 1147051 Company Number: 7977751

Trustees: Mr Courtenay Hitchcock (Chair) Mr Michael Roake Dr Colin Orman Mr Robert Clark Ms Lucy Jane Luxton Mr Peter William Hallam Note: Lucy & Peter were not recruited until May 2022.

Accountants:

Probusiness Ltd Wells Business Centre St Lawrence Lodge 37 Chamberlain Street Wells Somerset BA5 2PQ

Bank:

Barclays Bank plc (20-99-40) King George Street Yeovil BA20 1PX

Aims and Objectives of the Charity

That the Centre should be home to the maximum number of diverse recreational activities which would encourage the widest possible participation by the community, whilst at the same time ensuring financial stability.
That the centre should actively promote young people’s participation in sport and recreation by offering considerably reduced rates for those groups actively coaching young people.

Focus of Work

SturFit’s focus, as Covid-19 restrictions were removed during the year, has been to encourage member and users back to the sport centre with the aim of achieving post Covid19 levels of usage, while continuing to ensure that the centre remains a safe environment for users.

The 2 years of Covid-19 restrictions were very difficult times for SturFit but thankfully with the grants awarded and using our reserves we have managed to keep our heads above water, and we hope to resume investment in the Gym/Centre during the 2022/23 year.

SturFit would still like to secure a lease from Dorset Council to enable the Trustees to manage the centre in a more efficient way and in turn increase utilisation of the asset. However, this has not moved forward due to Covid-19 prioritisations.

We hold £70K award by the former North Dorset Council. Funds were assigned for redevelopment of the centre as detailed in the outline plans submitted to the Council in 2019. It is hoped that once a new lease is in place opportunities will arise for further grants to complete the project.

Public Benefit

Throughout the Covid-19 pandemic the centre has opened when allowed to do so and operated within the Government guidelines. This has meant set booking slots, spacing out equipment and additional cleaning of equipment at the centre to ensure the safest environment for users of the facility. In fact, even with restrictions lifting, we have continued to request gym users to take an antibacterial spray and cloth to enable them to wipe down the equipment after use.
The combination of Government grants, our own financial reserves and a great team have enabled the centre to survive through these very difficult times and to ensure the facility remains available to the local population.

NOTE: As we neared the end of the 2021/22 Financial Year our Income levels have almost fully recovered to the pre-Covid levels.

Robert Clark – Trustee SturFit

Sturfit 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 Recomtnended Practice applicable to Lhdrities preparing their accounts in acLordanLe will) tl)c Financial Rcporting Standard applicable in the UK and Republic of Jr¢land (FRS 102} (¢ffectiv¢ l January 2019). STRUCTURE, GOI'ERNANCE AND MANAGEMENT Governing document The charity is controlled by its governing document, a deed of trusL and constitutes a limited company, limit¢d by guarantee, as defined by the Companies ALI 2006. REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number 07977751 {England and Wales) Registered Charitv number 1147051 Registered olce Siurniinster Newton Leisure Centre Honeymead Lane Siumiinster Newton Dorsct DTIO IEW Trustees R A Clark J M Roake C D J Hitchcock C E Orman Independent Examiner Martin Bowe Probusineqs Ltd St Lawrcncc Lodgc 37 Chamberlain Sireel Wells Soinerset BA5 2PQ Approved by order of the board of trustees on ............................................. and signed on its behalf by.. C D J Hitchcock - Trustee Page I

Independent Examiner's Report to the Trustees of Sturfit Tndependent examiner's report to the trustees of Sturfit {'the Company,) report to the charity trustees on my examination of the accounts of the Company for the year ended 31 Marih 2022. Re5POnsibilities and basi5 of report As ihe charity's trustees of the Coinpany (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 Ihar the accounts of ihe Company are not required lo be audited under Patt 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your uharity's a¢couiits as carried out under section 145 of the Charities Act 2011 ('the 2011 Act,). In Carrying out my examination I have followed thc Directions given by thc Charity Comtnission under section 145{5) (b) of the 2011 Act. Independent examiner's statement I have Completed my examination. I confim) that no matters have come lo my allenlion in connection with the examination giving me cause lo believe.. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or the accounts do not accord ivith those records,. or the aecounts do not comply w'ith the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or the accounts have not been prepared in accordance with the methods and principles of the Statetllent of Recommended Practice foi accounting and ieporting by chatilieb (applilable lo chatilies preparing their accounts in accordance with the Financial Reporting SLqndard applicable in the UK and Republic of Ireland (FRS 102)). I have no concerns and have eome aeross llo other matters in conlleetion with the examination to which atTrntion should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Martin Bowe Probusiness Ltd St Lawrence Lodge 37 Chambcrlaill Sircet Somcrs¢t BA5 2PQ Date.. Page 2

Sturfit Statement of Finaneial Activities for the Year Ended 31 March 2022 31.3.22 Total funds 31.3.21 Total funds Unrestricted fund Restricted fund Notes INCOME AND ENDOWMENTS FROM Donations and legaLies 74,154 74,154 36,024 Investsnent income 41 Total 74,163 74,163 36,065 EXPENDITURE ON Other NET INCOMEI(EXPENDITURE) 68,390 5,773 68,390 5,773 50,117 (14,052) RECONCILIATION OF FUNDS Total fund5 brought forward 57,928 57,928 71,980 TOTAL FUNDS CARIUED FORIVARD 63.701 63,701 57,928 The notes fonn part of these fit]anciul 5tdternents' Page 3

Sturfit Balance Sheet 31 Lllarch 2022 31.3.22 Total funds 31.3.21 Total funds Unrestricted fund Restricted fund Notes FIXED ASSETS Tai)gible assets 24,254 24,254 28,580 CURRENT ASSETS Debtors Cash at bank and in hand 4,662 105,552 4,662 105,552 99,713 110,214 110,214 100,353 CRLDI'I"ORS Amounts falling due within one year {767) 1767) {1,005) NET CURREf4T ASSETS 109,447 109,447 99,348 TOTAL ASSETS LESS CURRENT LIABILITIES 133,701 133,701 127,928 CREDITORS Amounts falling duc aftcr morc than onc year {70,000} (70,000) (70,000) NET ASSETS 63,701 63,701 57,928 FUNDS Unrestricted funds 10 63,701 57,928 TOTAL FUtYDS 63,701 57,928 The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for thc Ye cndcd 31 Mch 2022. The membcrs bavc nol rcquired the company to obtain an audit of its financial statcn]cnls for the ycar cndcd 31 March 2022 in accordance with Se¢tion 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for (a) cnsuring that the charitabl¢ company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and (b) prcparing finaiicial statements which give a ttue and fair view of the State of affairs of the charitable coinpany as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which othetwise comply with the requirementq of the c.ompanies Act 2006 relating to financial stalemenls, so far as applicable lo the charitablc company. The notes fonn part of these fit]anciul 5tdternents' Page 4 continued...

Sturfit Balance Sheet- continued 31 Lllarch 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 si¥ned on ils behalf by.. C D J Hitchcock - Truslce The notes fonn part of these fit]anciul 5tdternents' Page 5

Sturfit Notes to the Financial Statements for the Year Ended 31 March 2022 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) 'Accounling and Reporting by Charities= Statement of Recommended Practice applicable to charities preparing their accounts in aceordance with the Financial Reportii)g Standard applicable in the UK and Republic of Ireland {FRS 102) (effective l January 2019),, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies ALt 2006. The fiiiancial statements have been prepared under the historical cost convention. lJ)come 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 eonstruclive obligation committing the charity to that eXpendIre, it is probable that a transter ot economic benetits i¥ill be required in setilemenl and the amouiii of the obligatioii cali 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 eannol be direetly altribuled 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. Taxation The charity is exempt from corporation tax on its charitable activities. Fund accountin% Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Reslricled funds can only be used for p8rti¢ular reslricled purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted pury)oses. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. Page 6 continued...

Sturfit Notes to the Financial Statements - continued for the Year Ended 31 March 2022 INVESTMENT INCOME 31.3.22 31.3.21 Deposit account interest 41 NET TNCOMEI{EXPENDITURE) Net incomel{eApendilure) is slated after chargingl(crediting}'. 31.3.22 31.3.21 Depreciation- owned assets 4,326 5,104 TRUSTEES, RETrIUNERATiofi AIYD BEIIEFITS 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, expenbes paid for the year ended 31 March 2022 nor for the year ended 31 March2021. COMPAIi4TIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted Restricted fund fund Total funds INCOME AND ENDOWMENTS FROM Donations and legacies 36,024 36,024 Investment income 41 41 Total 36,065 36,065 EXPENDITURE ON Other NET INCOMEI(EXPENDITURE) 50,117 (14,052) 50,117 (14,052) RECONCILIA TION OF FUNDS Total funds brought forward 71,980 71,980 TOTAL FUNDS CARRIED FORWARD 57,928 57,928 Page 7 continued...

Sturfit Notes to the Financial Statements - continued for the Year Ended 31 March 2022 TANGIBLE FIXED ASSETS Fixtures Short leasehold Computer equipment fittings Totals COST Ai l April 2021 and 31 March 2022 31,651 76,909 858 109,418 DEPRECIATJON Ai l April 2021 Charge for year 31,651 48,721 4,228 466 98 80,838 4,326 At 31 March 2022 31,651 52,949 564 85,164 NET BOOK VALUE At 31 March 2022 23,960 294 24,254 At 31 March 2021 28,188 392 28,580 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.22 31.3.21 Trade debtors Prepayments 3,995 667 40 4,662 40 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.22 31.3.21 Accrued expenses 767 1,005 Page 8 continued...

Sturfit Notes to the Financial Statements - continued for the Year Ended 31 March 2022 CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR 31.3.22 31.3.21 Defetted governinent grants 70,000 70.000 I O. MOVEMENT IN FUNDS Net Inoveinenl in funds At 31.3.22 At 1.4.21 Unrestricted funds General fund 57,928 5,773 63,701 TOTAL FUNDS 57,928 5,773 63,701 Net movement in funds, included in the above are as follows: Ineoming resources Resources expended Movement in funds Unrestricted funds General fund 74,163 {68,390) 5,773 TOTAL FUNDS 74,163 {68,390) 5,773 Comparatives for movement in funds Nel movctncnt in funds At 31.3.21 Ai 1.4.20 Unrestricted funds General flind 71,980 {14,052) 57,928 TOTAL FUNDS 71,980 {14,052) 57,928 Page 9 continued...

Sturfit Notes to the Financial Statements - continued for the Year Ended 31 March 2022 io. MOVEMENT IF4 FUNDS- continued Comparative net movement in funds, included in the above are as follows.. Incoming resources Resources expended MoiTement li) funds Unrestricted funds General fund 36,065 {50,117) (14,052) TOTAL FUNDS 36.065 {50.117) (14,052) A CULTent year 12 months and prior year 12 months combined position is as follows.. Net Inoveinenl in funds At 31.3.22 At 1.4.20 Unrestricted funds General fund 71,980 (8,279) 63,701 TOTAL FUNDS 71,980 (8,279) 63,701 A current year 12 months and prior year 12 months combined nei movement in funds, included in the above are as follows.. Incoming resources Resources expended Movement in funds Unrestricted funds General fund 110,228 (118,507) (8,279) TOTAL FUNDS 110,228 (118,507) {8,279) Page 10 continued...

Sturfit Notes to the Financial Statements - continued for the Year Lnded 31 March 2022 11. RELATED PARTY DISCLOSURES There were no related paty transactions for the year ended 31 March 2022. Pagell

Sturfit Detailed Statement of Financial Activities for the Year Ended 31 March 2022 31.3.22 31.3.21 INCOME AND ENDOWMENTS Donations and legacies Cleaning Income GyTh Jncoine Club Income Classes InLome Vending Machine Income Grant Income 1,226 19,116 10,216 39,804 56 3,736 600 13,017 2,858 4,314 15,235 74,154 36,024 Investment income Deposit account interest 41 Total incoming resources 74,163 36,065 EXPENDITURE Support costs Management Gym Managcmcnt Fccs Insurance Light and hcat Telephone Postagc and stationery Advertising Cleaning Maintenance Charges Licences Gym Equipment Mainlenaiice Membership System Rental Hire of Eqiiipmenl Waste Disposal Office Sundries Entertaintnent 43,503 2,123 5,900 260 129 215 4,374 717 839 128 2,415 425 383 551 91 33,262 1,625 1,200 302 195 541 2,585 151 1,473 1,781 137 106 138 62,053 43,496 Finance Fixtures and fittings Computer equipment 4,228 98 4,974 130 4,326 5,104 This page doeb noi fom) part of the slalulory financial siaiements Page 12

Sturfit Detailed Statement of Financial Activities for the Year Ended 31 March 2022 31.3.22 31.3.21 Finance Information technology Website Fees Computer Sundries 166 113 160 95 279 255 Governance costs Accountancy and legal fees 1,732 1,262 Total resources expended 68,390 50,117 Net incomel(expenditure) 5,773 (14,052) This page doeb nol fom) part of the slalulory financial slaiements Page 13

– Examiners/auditors Report Year Ending 31[st] March 2022

This is covered within the main Year Ending accounts report on pages 4 & 5.