R*￿*10d number: 08191371 Charlly numbor 1149083 LEARNING AND COMMUNrrY SPORT WORLE TRusr (A COMPANY LIMITED BY GUARANTEEI TRUSTEES. REPORT AND UNAUDrrED FINAIICIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023 IIIIMllllllllll •AD6YSSTC* (l￿7r2￿24 ¢OMPAMES KIUSE #191 ATKINS & CO CHARTERED AcCOUNT￿s 7 MORSTON COURT AISCOME WAY WESTON-SUPER41ARE SOMERSEr BS22 8NG LEARNING AND COMMUNITY SPORT (A COMPANY UMrrED BY GUARAiifEE CONTENTS Refwen¢e and Admlnistratsve DetaHs (rf the Ctwity. rf5 Trustees arKI Pafvisers Trustees, Report IrKlepqndent Ex￿￿*5 Reptyl Statement of Financlal Actbvlt￿S Balan¢e Sheel Cash Fl(w St*mvrt 10 Notes to the F￿￿cial Stalemerts LEARNING AND COMMuiufY SPORT @ WORLE TrUST IA COMPANY LIIAifED BY GUARANTEE) REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY. rrs TRusfEES AND ADVISORS YEAR ENDED 31 AUGUST 2023 Tnmtees P Savage. Ch* O Wak¢ly{re$y￿ May20231 J Lugg (resy￿1 Awst 2023) R Dakin S IrdarKI C Daly ￿ne 2ff23) C Bank5 (appointed August 2023) R Bel (•ppointed August 2023) S La Touche (apwinted ￿9￿91 2023) Company reg18tw•d nUm￿r 08191371 Charfty r•g18l•r numlxr 1149183 Rogistwod office Leaming and Communty S Worfe TrL*t Weston super Ma BS22 &4Q Atkirts & Co Woskn super Mwe Banker¥ LWS Bwk PIC 2 s￿jIh Parade Weston super Mare North Sornerset BS23 1JL LEARNING AND COAIMUNfTY SPORT (A COLIPANY LIMITED BY GUARANTEE) TRUSTEES. REPORT YEAR ENDED 31 AUGUST 2023 Charlty Struclur• The The management ol ts company 1$ the responsiblty of Ihe Tn￿leeS wtK> ¥e eleGled arml ￿￿ted under Tl)e Trusteos consist cl at least 3 mtye Ihan 13 pvsons. Th8 trustees shal in¢lude: Up lo one rndNMlual reryesentati* of the L￿1 Auth￿lty (Ncrfih Somerset C¢xJneAII. Up to Individual rewesenith of the Local Community. Up to ton otr*r ind￿￿￿815. b) Trustees VAI hold oifTh for a temi for up to three sears from tho date of their ¥￿InIment. One third (N the number nearest one third) of the Trustees must retwe ￿￿alty, in off￿ re￿rIr0 ffirst. A retirirrfJ Truslee may be reapp)intÈd. A Trusts8 may serve 8 ma¥imurn of three twms, OT UP to three yEars per temi. A Trusiee vtho ha5 completsd tlw& c•nt"nuous teThs of serv￿8 as a tnthe i8 db3ible to be r apwinted as a Trustee untl JEar after his retmmenL The Chair of Trustees and tho Ccrfnpany Sei¥tsy ¥e ap￿ted ty the TNstees arKI ciwffimed annual￿. Every Trustee has one vote on each issuo. The Bowd (rf Twstees constsnty the number of Tntstees recruits ￿ wured. Any new Trustse will have thwr reswthlrtw eX￿ained by the ￿$t￿g Tru51ees and other professional advisots as apwowlat Charity Aim• ￿ Objecil The wnapal obie¢tfves of the chartyare: Prom¢)te the wovision of fadiths for recTrat#m. curtwe or other leisura4ime occupation In Its interosts ot healthy lrfe sfyl85. socxal and wilh object of incrna$ing aw$ibS11ty and improvrng the ¢ondilion of life of indivthals througfr#￿ the United Kirydom. indudlng the local ￿mMunity, Relieve the need of indivKJu4s le¥niNJ di*￿ill￿s. ty ryovTrYlry swort and a5SiStart• to thg individuals, ther families aThJ fvir ￿rerS lo erKowage th8 1ndMdUa￿ to be acllvely involved in the communty, Advance educalion IhrowlKxrt Ihe United lfjryd￿n. kndudiw. stsdents of Worfe Community Scl¥x4. by p¥ovldlng ly assistlig in the provk%K)n of sports and olher facilitss in the local communty ar¥J. in particular. al schods,. and Promote such other ¢hanlatAe wrposes as the tr￿St¢eS shall. kn ther absokrte disudN)n. dedde. b) d) A¢tlvltle• forAchl•vlng th• Obj•cll The Charity provides day care fxllies for alults wilh le*niTrJ ￿rff￿1t￿ via fv Bwdon Trust. A pottery (operated by Banwall Pottwy) vs in orm11￿. A ctsmmunty meal&oTr savice is provided to res¢dents *thin WestoTrSup6r41are frcrfn the f¥liVs kitth*. Swlirs miEable to lh8 LEARNING AND COMMUNrrY SPORT {A COMPANY LIMITED BY GUARANTEEI TRUSTEES. REPORT (￿ntinu￿) YEAR ENDED 31 AUGUST 2023 A¢tlvltles for Achieving the Obloctlvog (conllnu•J) commuiity include a dance slwjio. gsm. (ax￿. an alk4wther football 3G Mch ￿ a 1￿CkeY astro ￿h. Communlty use of the gyTnn8simi. sports han Pit¢P*s occw outsth of school hwrs. Achievem•nt and P•rfomi•K• Whilst th? Charity %YdS established 2011 the fxlities for the Le*ning and Communlty Sport @Worle were ￿1 Corn￿81ed untl th& 8￿1 of December 2012. Work commenced op&ratK)ns on 2 January 2013 vAlh Ihe off￿181 openir#J pla￿ on 25 January. The officiat openw)g was attended by the Chairman of the Weston-Super-M*e Counch. Mr Tery Portw together *ilh students from Worie Community, Brandon Trust slaff a￿1 useAs. thgntiarw ONI representab¥es from Wilmott Dixon, the constr￿1￿￿ compary. By the of year. 31 August 2023. ts @Worlè f*dty had appotyited eNJht of Ihe permitted thirteen Trustees 8fKI employed eighteon staff as as l*1¥0 sdl emplofft1 studK• instruc1￿$ ￿ five s8 employed ￿rsonal trainers. Opermng times ware.. *)nday-Thurday 06.00. 22: Friday 06:00- 21:CK) Saturday Sunday Thè alk%*atrw f(￿ball AstroTurf pitch accommodato1125 10(al foolball teams age wups from four years to 65+ yFars dd. The teams having differyw standwds and ages. for both male and female. some teams were fuliy inclusive. ￿mmercial bu$￿*5S&S uwl the soccer league5: one t￿￿ineSS is loca to weston4￿per-mare arKI one t￿81neSS in a nat*)nal company. In addition, three local rugby teams trained al the facrlity, ir￿￿Jing Somersgt Rugby Foothall Union. Coach tralning courses ￿re organi5ed for Somerset Footb8H AssoLxali(>n. Foott)all clubs to i*eome xcrndiled the Chartered Standth promotHig good footb*l vthes arKI respe( At th? end of August 2023, appyoximately 25LK) Peo￿￿ **fe faclty on O Vthikly basls. Worle was operatirvj 53 frtngssldance dasses. tncluding al ability Session ¥￿th appToximatdy 1000 individuals attending eath Cjasses knduded: Zumba. Kids Street Dance. Zumba Strong. Boxercise. Slep AerobiGs, Thighs Bum5 and Turns. Yoga, Plates, ¢hair frtwss. Tai Chi. Spin. Kettlebthls. Bands arrtl Bells arKI Fitness Pirates. Nv•V inclusive dance sesstons have laurthed l%11r￿ a V*eek to SUPF*NI adults and teens with learnirKJ disabilit*s. Nthv Chair Classes Iwe also Iwnched to support the a9ing community and rehabilitati￿ sessions three times ptr tAtek. @Worte run half lemi holiday clubs coachlng new sports and rnfts and have a loc￿ zoo ￿1[WJ1rVj arum* to educ*e the arwrKI u$ actomt)dating Users of lh8 school's sports Iwl. gymnasium wxl gr&ss INkhes irK*Jd8d mary iThllvlrknl hirers but also larger groups h￿udIng Hope Chw¢h. Footsll ar￿ West Minis offer a regular Saturday moming yrxrth 4KAts dub. L(Kal . b>Jmirrton. Nett￿ll ar#Y basketbal dubs also use the spa￿$ provided weekty. At the e￿1 of August 2023. the Worle membwship wa5 approximatdy at 1001 members. The majority of m8mbws are local to the W￿e m T*ith some L￿MI￿) from the sch)ol ￿K1 further ar￿d. Worle donates 6 fr￿UrS of its time to the per ed￿¢[￿1 pwposos so the students of the PLT In￿1 can leam abcrtrt h&31th and fftness. LEARNING AND COMMUNrrY SPORT (A COMPANY LIMITED BY GUARANTEE) WORLE TRLIST TRUSTEES. REPORT {continued) YEAR ENDED 31 AUGUST 2023 A¢hi•v*n•nt and P•rfonnanG• (continu•d) The hlring wice for the 3G ￿tch remained vwy c(m￿tsh¥e, *ith orty six of the available forty-one hours per weok being charged at the ¢ommeroal rate. The commefcial rate wa5 sp￿led to the h¥￿S0CCer league busimsses. This wl¢h hirirvJ Fxices to be mainlained for I(￿ dub users. 100% of Ihe clubs returned for the followng season to book With Wtyle. We have wt within our strategK that only 2 of Ihe 3G allotted time will b8 alkyA*d for cornmwcial all￿atIon and rtynainffwJ 80% for communty use. The centre Set up a number of ¢h¥My events for d￿rIties. the largest event wa5 for Ih? Weston Hosp.￿ where the ¢entre attempted a I￿1￿$$ W(vld rfjc￿ 35 Hour Spvi a thon which raised over £35 wurKls. We also supwt local ￿11110$ as Westr￿ and l(tsl spin a thons frrf ¢h*llles dose to our hearts. In September 2013. we oper*1 tr* nww tennis aThl nett)aH cxth5. ￿ ￿¥¢ tlwee r*tball teams using the facility regularly. 2016f2017 we cmlinued to IKSSt the Western arxl DlstrKt N8tbal leaw8 whith ran in the summer. Over 2(Kl ladies th summer le•Jue rthn. The 8raThlon Trust were imme• suc£essful u#nmuixty far Peo￿ *ith leami dlsabilitles. inlegraling st&Y and users frrxn the willi￿ centre to the new facllities offwed ￿thin W(Klg. The facili￿S cafe 15 open lo the publ￿ is opwated by staff ￿pie leamin9 drffiwlties vKxking *ilh the @Worfe stay developed ne¢essary smwge and menus. The Brandon Trusfs Grwnds arKI ￿en8 team urthrt￿k W￿le'S maintenanca enabling the dov010pm￿l of key sklb for many peo￿ T*4rth ditficullitis. Plam for tho futur• Thè Charity alms to 0)ntIn￿ to devebp the swbr#J fadlues over the sfarg *lth the rxovtsKJn of additionat gyTh equlpment and Ihe Improvement of The L￿¥¥Je oknng to enablè a ￿MMunity spwe all eek long. a$ a ¢entre ¥e raisw furttts ttywh ￿ants to slwt th8 Yhe Hive Proiecf, The Hfve wlll provide a new spax for adults arKI teens with lewning disabKilies to leam life skills. prov#Je a space for cornmunty group5 maybe fwing disadvantagfr. it VAI *0 be a tra￿*￿4 Spa￿ for Ihe centre to train the fitness instnKtors of the futwe. Closw fies bets￿en the school and Br￿ Trust be encouraged wilh joirt ventu￿5 suth as open days al the C￿ for Serv[￿ users aThl wblic. Communty en9agemenl will continue through our ¢tr￿1rtY furKlraisvy. WwleFest •KI links *ith hxa commuThty groups. Plans for the 3G to be redevolped WHI stiN txnknue to Iwk at Ihe summer d 2025, *41h the opporw to hc4d tool st8tlon games not just grass rcM)I games. Park1￿ manag8menl arKI extra $p•xs wdl also bg a project to en￿rptrat¢ into of tt* ¢ty Finandal Revlgw The Trustees (who arn a50 directors of the ch￿ for the purp￿ rf ihe CompanSes Act) present their an￿￿1 report togelPv ￿th the fffjancthl statefflats of LeamirKJ and Committee Swt Worte Tru￿ for the Per￿ ended 31 August 2023. The Trustees c•nfim thal the Anr￿1 report and finan¢ia statements of the company tx)mply v￿th the La¥Yent stattrtory rewirements. th• ffequiremenls of tho ¢ompaW$ goveming document the provisions crf the Statwnenl of Recommended Pra¢li¢e {SORP) 'A¢counling and Reporting by Charities" March 21KI5. operatiorbal existence for the ￿￿&$¢¢able fubn. For thls ￿a50￿ contwiue lo *t Ihe going co bask% In preparing the finwKial 5tat*nents. Prlnciple Funding. The prinupal fimd•)g sow¢e is from rental irKxMne from the Braylon Trust arKJ North Somerset Cound Adull Sodal arKI togetlw with membersFx) fees of the and hirfrvJ charges for using ts la￿litieS. LEARNING AND COMMUNITY SPORT (A COMPANY UMifED BY GUARANTEE) TRUSTEES. REPORT (cortlnu•d) YEAR ENOED 31 AUGUST 2023 Financial R•vi•w (¢onllnu•d) maintenance requrements Th can be used to fund these ¥A)rks. Investmenl Polw. Aside from rètslnirvJ a wudent arn￿nI in reswves. the Charty also alms to set aside a minimum of £30.000 each pr to CA)ver (￿ts of rep￿rA9 fjxed assets Such as the AstroTurf pitches. Those wM$lments wil be hekl in se¢wre. risk saviry a(xxwJnts. Risk Managemort Tho Trustees assessed the mai(Y r*ks lo Wthich ts Charity is exposed. in particular those related to the arwj finarw ol Ihe Cses of Cl￿panY l¥w) arg resp(Thible for the preparallon of the *C￿nts in with the requirements of the Companies kt 2006 (Yhe 2006 ACY). Th8 charitls In￿teeS th* ￿ aLrfrt requ*ed for this ￿ (under Section 144(2) of the charitr￿ Act 2011 (ts 2011 Act)) and that an independent examinalron is Havng satisf*d my50lf that the CW is not subject to audlt this year undw Part 16 of tho 2(KJ6 Act and is ellgible for indep0nd￿t examir*lion. ft is my resp￿Sib￿￿ to: examlne the acc￿￿ sedK￿ 145 ofthe 2011 A (under Section 145(SXb) of the 2011 kt): and Basis of th¢ Indep•nd*rt •x•nln•ts report My examinatK)n rn £￿ted In acixxdm wNh lh8 Generaf DireciK+ns giNEn by Ihg Ch*ity Commission. An ￿M￿JatiOn iThJLNles a rev￿* of the accountirKJ rec￿d5 kepl by the thar¢ty and exlmparison cl the accwnts We$￿ted with Ih)se rec#yds. 11 also includes ￿n5￿jeratx)n of any unusual iiems or dK8doswes in tho *toLrt arKI seeking explanations frorn JM)u as tru51ees concerniThJ any such matters. The prweduros urmlertakwb ¢Jo rK>I all the evider￿ Ihat Jukl be required in an audit aThl c(￿SeqUen￿ rK• is as to tfvtholtrw th8 accounts presert a IFue and fair vt6w' and Ihe repcxt Is Irmited to those mattets set ¢Jul In tho statemenls below. Page 6 LEARNPIG AND COMMUNrrY SPORT COMPANY LiiiifED BY GUARANTEE) WORLE TrUST INDEPENDENT EXAMINER% REPORT (e¢#rtlnu FOR THE YEAR ENOED 31 AUGUST 2023 Independon¢ oxamlnefs sl*em• The compaTr/s swoss rKome excethd £250,QX) r3MJ l am wdif*d to ulderake th8 eX￿In*￿)n belw a qualif*d rn￿bar of The Instilu￿ Aecouth*s in Er*nd and Wales. (1) 91￿ me reasonable cause to bdie¥e thaL any material respect, the requyemex to keep accounlirwJ re¢Ayds in aCeryda￿ *ith Se¢lion 3e6 aThl 387 of tha Companies Acl 2006,. and to prepare accounts Vthlch aCc￿d *lth the ac(x>unllThJ re¢￿d5. COM￿ *ryth the accounting requirements of Se¢tK>ns 394 arxl 395 (A the Companies Act 2006 a￿1 with the meth¢)ds and prtndples of the Awwntir¥J arrfl Rewting ty Charilies: Ststement of Re¢ommgrKlod Pra¢tl¢e appllcable to Cthalrt￿ wepwiThJ Iherr accfArts in a(%￿da￿ ￿11￿ the Financial Rfrwling Stsndwd applicabkn in the UK aThJ Republic d IrelarKI {FRS 102) (off&li¥• 1 Jarnwy 2015) have r)ol t￿n rneL or (2> to ￿1¢h. in my Iwinion, attenim sh￿Ad be dra￿ in ordw to enailo a woper understanding Debb￿ Atkins FCA Atkins & Co Chartered ACc￿ntants 7 Morston Cwrt Alsecomo Way Weslon-sup8r*re Somerset 8S22 8NG LEARNING AND COMMUNITY SPORT (A COMPANY UMrrED BY GUARANT￿) WORLE TRusr STATEMEKf OF FINANCIAL ACTMTES YEAR ENDED 31 AUGusf 2023 Total nd8 Total funds 2022 2023 INCOME FROM: Charitable activiti'es Investment income 648325 492,713 TOTAL INCOME 618255 492.714 EXPENDilliRE 011: Charital￿e aclivlti88 AS1 6A351 510.175 TOTAL EXPENDMJRE 659251 6S9.351 510.175 NET WICOME BEFORE TRANSFERS Transfers bet￿￿n 11.097 17.461 14 NEf INCOMe 11,097 17,461 RECONCILIATION OF FUNDS Total fuftds Ixought forward ZI4071 274071 291.532 TOTAL FUNDS CARRED FORWARD 262.974 974 274.071 All aGliviti6S Telate to ¢¢ntIni1￿ ¢JpwatiNts. The notes on pages 11 to 18 forn) p¥1 of tr*se statem￿$. LEARNING AND COMIAUNrrY SPORT (A COMPANY UMrrED BY GUARANTEE) REGISTERED NUAIBER. 08191371 BALANCE SHEEr AS AT 31 AUGUST 2023 2022 FIXED ASSETS Tangibfe assets 10 CURRENT ASSErs Debtors ash in bank and kn hand 11 17 16.2S3 40,352 36,842 CREDITORS.. Amounts ta￿1vj due on8 y 12 41 42,658 NEf CURRENT ASSETS 14581) 10.432 CREDrroRS Amounts falling duo after m(rn than on? 19 40,995 44,911 NEf ASSETS 274 071 FUNDS Unrestricted furnls 14 262.974 274,071 TOTAL FUNDS 274 071 The Tntstees La)nsthr that the company is errtA￿l to extynplx￿ from ￿ raqutrement to have an ￿dit under provisrons of sedion 477 of the Companles Acl 2006 Acr) and member5 have Th)t required the lo obtain an audit the ￿ ift questth wi accordm with se¢lion 476 of A The Trustees aCkntr￿edge their responsibilhies for tar. P•J& 14 LEARNING AND COMMUNITY SPORT (A COMPANY uthirrED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMEiirs YEAR ENDED 31 AUGUST 2023 10. TANGIBLE FIXED ASSETS Improvemènt8 to Property Plart and machlnory COST At 1 S*mbw 2022 Additicms Disposals At 31 AUg￿t 2023 308.550 21.050 21.050 DEPRECIATK)N At 1 September 2022 Charge for > Di5pos*s At 31 August 2023 21,050 21,060 NET BOOK VALUE At 31 August 2023 308.650 At 31 August 2022 308.550 11. DEBTORS 2023 Trade debtrn Oth&r debtors 14,580 38,679 1,673 16,253 Page 15 LEARNING ANO COMMUNITY SPOFrr {A COMPANY LIMITED BY GUARAiifEE) NOTES TO THE FINANCIAL STATEMEpirs YEAR ENDED 31 AUGUST 2023 12. CREDITORS: AMOUNTS FALLING DUE virrHIN ONE YEAR 2023 2022 Trade credilor5 Other creditors Acuuals and d￿er￿d irrA 39,262 2.160 42.658 41,4Z2 42,658 DEFERRED TrKOME Delerred irKome at 1 Sepknb8r 2022 Amounts rdeased from prevx)us >wrs ReS￿rceS defeffed duriThJ Jear 42,658 (42,658) Dthred In￿Me at 31 Awust 20rJ Deferred incom¢ irthdes amounts recer4ed in adv*th for day (are a¢kths learni drffkulties arKI community meals-on4th servi(x. 13. FINANCIAL INSTRUMENTS 2D22 Finan￿81 assets measured at f* valu8 tlYW irmne expenditwe Fin￿81 assets measured at ￿n￿ltsed cost 387,705 387,705 44,857 432,5f2 432,562 Financial IkitMITties MeaSu￿d at am(xlised cosl 2.160 Finan¢ial assets measured at far bvdlue thrwJh tt* WKxxne and exFwKlllwe comprise of cash at bank and in hand. Financial Irdbthliss measured * afflNbs￿ costs t￿n￿ls• oftrade ryedith and a¢¢ru*s. Page 16 LEARNING AND COMMUNrrY SPORT IA COMPANY LIMrrED BY GUARATr¥tEE) NOTES TO THE FINANCIAL sfATEMEKrs YEAR ENDED 31 AUGUST 2023 14. STATEMEwf OF FUNDS Carrrod Forw*d Forwanl Inlout UNRESTRicfED FUNDS Genwa fun 274071 6a264 (s￿,351) 262,974 Totsl funds 274071 648254 659,351 262,974 15. ANALYSIS OF NEf ASSETS BEfwEEN FUNDS UnroFtrl¢t•d funds 2023 Tokl funds 2022 Tanglble fixed assets Current assets 308,5SO 308.550 53.090 (42.668) (41N22) 318.982 16. RECONCIUATION OF NEf MOVEMEKf IN FUNDS TO 14Ef CASH FLOW FROM OPERATING ACTIVITIES 2023 2022 Net irtune for the w (as per Statement of fThifK4af aclivi1*5) 111,097) (17.461) AdJu8tmont for. Dep￿￿tiOn Charges Oecreasel(iryxease) n d8tths Increasel(decrease) in creditors 213 1.773 51,364 24100 15,153> Net cash provlded by opernting aclfvhles 7,850 35,889 17. ANALYSIS OF CASH AIID CASH EQUIVALENT8 Cash at barth arrfl in ha)d 12.738 20,589 12,738 Page 17 LEARNING AND COMPIiINITY SPORT (A COMPANY LIMITED BY GUARANTEE) )RLE TrUST NOTES TO THE FINANCIAL STATEME14T8 YEAR ENDED 31 AUGUST 2023 18. OPERATING LEASE COMMrrMENTS As 31 Awt 2021 the totsl ol fvbJre mlr*num lease payThents under r￿r￿canCellebIe ear 11.760 199 11,760 2.199 13.959 13,959 2023 2022 Other loans 40,995 44,912 40.995 44,912 Page 18