AHÉAOO Accothrff3 Company registration number.. 08119494 Charity registration nurnber.. 115 l326 Bollington Health & Leisure (A company limited'by guarantee) Annual Report and Finaneial Statements for the Year Ended 30 June 2024 TBG Bright LLP 26 Edward Court, Broadheatb. Altrincham, England, WA14 5GL AEOVS9MW 2411012025 COMPANIES HOUSE A16
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Bollington Health & Leisure Contents Trustees, Report 1108 Independent Auditors, Report 91013 Statement of Financial Activities 14 Balance Sheet 15 Statement of CAsh Flows 16 Notes to the Financial Ststements 17to24 Detailed Statement of Financial A¢livities 25to27
Bollington Health & Leisure Trustees, Report For the year ended 30 June 2024 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 ihe Charity for the year ended 30 June 2024. The Trustees have adopted the provisions of Accounting and Reporting by Charities.. Statement of Recornmended Practice applicable to charitie5 preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102 new consolidated edition introduced in January 2022). This is a Company limited by guarantee and its oper3tions are to include the provision of facilities for sporting. health, leisure and social activities including teaching and Tecreation for swimming, squash, fitness and other sporting activities for the benefit of the residents of Bollington and the surrounding area. OBJECTIVES AND ACTIVITIES Obje¢tive$ and alms The objects of the charitsble wmpany are sp¢cifi¢ally Testri¢l¢d lo the following.. To constTUCI, maintsin and manage facilities for swimming, squash, fithess and oiher sportAn8, health, leisure and social activities (together with all incidcnlal offices, outbuildings, open areas and access thereio) as provision for recreation and leisure-iime CupatIon within th¢ meaning of 8¢¢lion 5 of the Charities Aci 201 l and for the provision of Such other facilities and services within the meaning of the said Act as Ihe Charity may in its discretion hereafter detemiine for the benefil of the restdenls of Bollinglon and the surrounding area. Historleal revlew Bollington Leisure Centre was conceived in 1973 by Bollington Urban Districl Council as a community project. Fund raising began in January 1974. with ihe objective of buildin8 a swimming pool on UDC land designaled for recreational use al Bollinglon Cross. Wilh Changes in local governmenl, the land passed firsi io Macclesfield Borough Council and then to Cheshire East Borough Council. The Swimming Pool Committee evolved into a charity which was registered as Bollington Leisure Centre in July 1977. The Leisure Cenlre also continued to develop wilh ihe addition of squash, a gymnasium. a health studio and other actlvity rooms. The charity became a limited liability company in 2012 and was renamed Bollinglon Health & Leisure. Leased L4nd The land l¢ased lo Bollinglon Health & Leisure (BHL) by Chcshire East (CEC) 15 les5 than 200/0 of the larger Bollington Cross site own¢d by CEC and d¢signated for recreational use. In 2017, Bollinglon ToNvn Council (B TC) signed a 125 year lease for the entire CEC area of land at Bollington Cross. with the exception of the children's play area. but including the areas of land already leased to BHL and Bollington United Junior Fooiball Club (BUJFC). The Current CEC-BHL lease expires on 30 April 2033 and agreemenl ha5 now been reached wilh BTC to sub-lease ihe existing BHL footyrinl for a peppercorn rent for the remainder of the CEC-BTC headlease expiring on 24 April 2142. The Licence io Underlet & Deed of Variation, the Rever$ionary Lease, and an Overage Deed have all been approved by the Board of BHL and are awaiting signature. BTC are seeking some clarification on the lease arrangements lo be agreed with Bollinglon United Football Club. which now incorporates BUJFC, before signing the lease documents with BHL. Pa8e I
Bollington Health & Leisure Trustees, Report For the year ended 30 June 2024 Operational Review for 2023-2024 The lasl financial year has seen a continuation of the recovery from the COVID-19 pandemic with care1 managernenl of dis¢relionary expcnditUT¢ on projects. Essential and cmergency eJ(penditure on mainlenan¢e has also been undertaken wilh a minirnum inlerniplion of operalional activity. The swimming pool was closed for 8 two week period at the beginning of the year for major work on the drainage syslem. The swimming pool was furiher affected by unplanned shuidowns caused by leaks in the pool hot water pipes. Refurbishment of all affected and potential at risk pipework was undertaken with as little intemiplion as possible to the swimming teaching programme. The gymnasium was also refurbished with a significant introduction of new equipmeni during the year. The planned introduction of electric vehicle charging points has had to be defe¢d as the company financing this project were unable 10 proceed due to the short time remainin8 on the existing CEC lease. A Sport England grant of £50,737 was received for two energy saving projecls for the installation of 501ar panels on the roof and a pool Cover to reduce temperature loss when the pool is closed overnight. The grani income and provision for the expenditure on Ihese two projects is included in the accounls for the current year in order to match the incom¢ with the relevant expendilure. However. the actual inslallalion and expenditUTe was nol Incued until the summer break at the 51art of the 2024-2025 f)nan¢ial year, The trial management or8&nisalion introduced in the PTevious finan¢i81 year. with responsibilities divided between a Bu5ine$s Manager and an Op¢Talion5 Manager, both reporting 10 the Mana8em¢nt Committee, had proved su¢¢e$sfiil and was ¢onfirni¢d as Ihe p¢rn)anenl strncture. The year saw a slow but steady increas¢ in the key areas of 8y.m membership and swimming lessons during Ihe year, although they had not rerned to the pre-COVID-19 levels. Year end fi8ures were approximately 1550 swimming lessons per week and 1400 members of Ihe gym. Public beneflt Bollington Health & Leisure has always been totally devoted to operatin8 for the public benefit. providing much needed sporting. health and fttness facilities for the people of Bollinglon and the surrounding areas. Major benefits are the provision of an extensive 5wimmin8 leaching programme. 38 fitness classes and a large, well equipped gymnasium. The Centre hlso provides swimming ond other facilities for fifteen lo¢al schools with lessons for 550 children in addilion 10 the Centre's own swimming leaching programme. The two long-slanding disability groups (Phrkinson's Group and the Macclesfield & Dislricl Stroke Society) havc been joined this year by a veteran's support group run by the local branch of the British Legion STRA TEGIC REPORT Reserves policy The company aims lo maintain reserves equivalent to three to four rnonihs turnover. By careful management of the refi]rbishment and development programme in addition to essential and emergency expenditure, the net assets have been resiored io about £350,000 which equates to 3.6 monihs turnover. The restrictions of the COVID-19 period and the slow recovery of the operation in an increasing cost environmenl, have caused the Trustees to begin lo Consider whether there is a need lo review this policy in order to secure the long terni fuNre of ihe facilities provided by the charity. P88e 2
Bollington Health & Leisure Trustees, Report For the year ended 30 June 2024 Future plans The immediate short temi focu5 is to secure the signing of the new lease between BTC and BHL and to maintain the current level of service and operation for all users of the facilities. The buildings and other assets will also be maintained to a high standard with due regard to all aspects of health. safety & environment and safeguarding, with due regard to the needs of vulnerable children and adults. STRVCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by its Arti¢les of Asso¢ialion, as amended and approved by the Charity Comrnission on 22 April 2013, and conslirules a company limited by guarantee as defined by the Compani¢s Act 2006. Indu¢tion And tr*iniThg of trustees Thecharity will always aim to havean appropriat¢ balance ofskillsand expertj5e on the TTU$tee Board, with knowledge of.. appropriaie health and leisure activities; business, including corporate governance. finance, health & s8fety and facilities mana8ement: and the local Community. Prospective new Trustees will generally be invited lo attend Directors, and Management Committee meetings for a period before appointment Dnd must declare that Ihcy are not disqualified from becoming a direcior of a registered company or of a charitable insiitulion- Ihai they have noi been barred by the Independent Safe8uarding Authority from working with children and vulnerable adults,. and must declare any potential conflicis of interest. All new Trustees are provided with the general guidance for Trustees issued by the Chariiies Commission to ensure that they are fvlly aware of Iheir responsibilities, together with their responsibilities under company law. They are also familiarised wilh the Bollington Health & Leisure policies and procedures. Specific training is provided, as required, in areas such as Health & Safety and Safeguarding. Two trustees have resigned and Nio new Trustees hav¢ been appoinied since Ihe1&st annual report. Page 3
Bollington Health & Leisure Trustees, Report For the year ended 30 June 2024 ADDITIONAL DATA REQUIRED FOR ANNUAL RETURN Number of legally bindin9 contracts (other than grant a9reemenls> from entral govemmenl or local authorities Number of grants from central govemment or local aulhorltles Highest single value donation from a corporate donor Highest single value donation from an individual ingle highest donation from a related party lo a Trustee or key ana9ement personnel ranlmaking Grants made to individuals Grants made to other charities Grants made to other organisalions Payments to Trustees for providing goods and services Pemianent employees at end of financial year (wilh employment contract nd employment rights} People on fixed temis contracts which end on a particular day or on completion of a specific task Self*mpioyed people working for SHL running a business for themselves nd not paid through PAYE one 1000 Not main purpose 1625 one None Page 4
Bollington Health & Leisure Trustees, Report For the year ended 30 June 2024 Reference and Administrative Details Charity Registration Nurnber: 1151326 Company Registrolion Number,. 08119494 (England and Wa1¢8) Registered Office: Heath Road Bollington Ma¢¢lesfield Cheshire SKIO SEX Trustees: Dr P Gruenbeck (appointed 12 Febary 2024) P Drabble R A Mason P D Tunwell C J Thompson (res18ned on 12 May 2025) Dr J A Murdoch (resigned on I l Nov¢mber 2024) S L Hursl JDKing S W Spinks Dr D A Maxwell (resi8ned I l November 2023) K Porter (appointed 12 August 2024) Company Secretary., Dr J A Murdoch. {resigned on l O February 2025) Auditors.. TBG Bright LLP 26 Edward Court, Broadhealh, Altrincham, England, WA14 5GL Page 5
Bollington Health & Leisure Trustees, Report For the year ended 30 June 2024 Solicitors: Cooper Sons Hartley and Williams LLP 3-5 Market Street, Disley.Stockport Cheshire SK12 2AA SAS Daniels LLP 30 Greek Sireet Stockport Cheshirc SK3 8AD Page 6
Bollington Health & Leisure Trustees, Report For the year ended 30 June 2024 COMMENCEMENT OF ACTIVITIES The charity was incorporated on 26 June 2012 and Commenced trading on l July 2013 under ihe ternis of a Business Transfer Agreement between Bollington Leisure Centre and Bollington Health & Leisure. DECISION MAKING All dcci5ions are taken in strict compliance with the Articles of Association and with the approved Poli¢ie$ of the hariiable Company. All decisions of the Board of Directors (trustees) and the r¢ason$ for those decisions are recorded in the Minutes of the Meetings of the Board of Directors. STATEMENT OF TRUSTEES, RESPONSIBILITIES The trustees (who are also the diicct0TS of Bollinglon Health & Leisure for the purposes of company law) are responsible for Preparing ihe Report of the Tstee$ and the financial staiements in accordance with applicable law and Uniled Kingdom Accounting Siandards {Uniied Kingdom Generally Accepied Accountin8 Practice). Company law requiTes the trustees to prepare financial stalcmcnts for each financi)l yeaT which give a true and fair vicw of Ihe state of affairs of the charitabl¢ company and of Ihe incoming resources and application of resources, including the income and expenditure. of the charitable company for that period. In preparing those financial statements, the Irusiees are required to select suitable accounting policies and then apply them consistently; observe the methods and principles in the Charity SORP. make judgements and estimates thal are reasonable and prudent. slate wh¢iher applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial slalemenls: prepare the financial statements on the 80ing concern basis unless il is inappropriate lo presume thal Ihe charilablc company will ¢ontinue in business. The trusiees are Tesponsible for keeping Proper accounling records which disclose with reasonable accuracy at any time the financial posilion of the charitable company and lo enable them to ensure that the financial statements comply with the Companies Acl 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. In so far as the trustees are aware: there is no r¢l¢vanl audit inforn]ation of which the charitable compbny'5 auditors are unaware. and Page 7
Bollington Health & Leisure TTU$tees' Report For the year ended 30 June 2024 - the trustees have taken all steps that they ought to have taken io make themselve¥ 14warn of 4Dy relevar4t audit infonnation and to ¢slablish that the auditots ar¢ aw•T¢ of thjt ihforniation. R¢ ort of the trustee4 incorporating a strategic rep)¢ approved by the truste&% of the charity on 14 octo2023 and si onitsbe P¢t¢r Tunw¢ll Pa8e 8
Bollington Health & Leisure Independent Auditor's Report to the Members of Bollington Health & Leisure Opinion We have audited the financial statements of Bollington Health & Leisure (the 'charity? for the year ended 30 June 2024. which comprise the Statement of Financial Activities , Balance Sheei, Statement of Cash Flows, and Notes to Ihc Financial Statements, in¢ludin8 a summary of significant accounting policies. The financial r¢porting framework thai has been applied in their preparation is United Kingdom A¢counlin8 Standards, comprising Charities SORP - FRS 102 'Thc Financial Reporting Si8ndard applicable in the UK and Republic of Ireland, and applicable law (United Kingdom Generally Accepted Accounting Practice). In our opinion the financial statements: give a true and fair view of the slate of the charity's affairs as at 30 June 2024 and of ils incoming resources and applicalion of Tesources, including ils income and expendiNre. for the year then ended: have been properly prepaT¢d in accordance with United Kingdom Generally Accepted Accounting Pracii¢e,' and have been prepared in a¢¢ordance with the Tequirements of the Companies Act 2006. Basis for opinion We conducled our audit in accordance with International Standards on Auditing (UK) OSAS (UK)) and applicable law. Our re5pon5ibililies undeT Ih05e standards are further described in the auditor responsibilities for the audit of the financial statements $¢¢lion of our report. We are independent of the charity in accordance with the ethical rquiremenls that are relevant lo our audit of the financial Slatemenls in the UK, including.the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe thai the audit evidence we have obtsined is sufficienl and appropriate 10 provide a basis for our opinion. Concluslons relating to golng concern In audiling the financial slatemenls, we have concluded that the truslee$ us¢ of the going concern basis of Accounting in the preparation of the financial statemenls is appropriate. Based on the work we have perfomied, we have not identified any material un¢¢rtainlies relatin8 10 ¢venlS or ¢ondilions Ihat, individually or collectively, may cast significant doubt on the charity's ability io continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue. Our Tesponsibililies and the responsibilities of th¢ trustees with respect to going concern arc described in the relevant sections of this report. Olher information Th¢ trnstees are responsible for the other infonnation. The other information cornprises the infornialion included in the annual report, other than the financial ststemenls and our audilOT'S report iheTeon. Our opinion on Ihe financial slalements does not cover the other infornialion and, except lo the extenl otherwise expli¢iily stated in our report, we do nol express any forn] of assurance conclusion thereon. Page 9
Bollington Health & Leisure Independent Auditor's Report to the Members of Bollington Health & Leisure In connection with our audit of the financial statements, our responsibility is to read the other inforn)ation and, in doing so, consider whether the other infom)alion is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial staternent5 or a material misstatement of the other infonnation. If, based on the work we have perfonned, we conclude that there is a material misstatement of this other inforniation, we are required to report that fact. We have nothing to report in this regard. Opinion on other rnatter prescribed by the Companies Act 2006 In our opinion. based on the work undertaken in the course of the audit:. the inforn]ation given in the Trustees, Report for the financial year for which the financial stalemenls are prepared is consistent with the financial statements,. and the Trustees, Report has been prepared in accordance with applicable legal requirements. MAtters on which we gre required to report by exception In the light of our knowledge and understanding of the charity and its environment obtained in the course of the audit, we have not identified material misstatements in the TTuslees' Report. We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if. in our opinion.. adequate accounting records have not been kept, or rerurns adequate for our audit have not been received from branches not visited by us. or the financial statemenls are not in agreement with Ihe accounting records and returns. or certain disclosures of trustees remuneration specified by law are not made. or we have not received all the infornation and explanations we require for our audit. Responslbilities of trustees As explained more fully in the Statement of Trustees, Responsibililies (set out on page 7), the trustees are responsible for the preparation of the financial statements and for being satisfied that they give a e and fair view, and for such internal control as the trustees delerniine is necessary to enable the preparation of financial statements that are free from material misslatement. whether due to fraud or eOr. In preparing the financial statements, the trustees are responsible for assessing the charity's ability to continue as a going concern, disclosing. as applicable, matieTS related lo going Concern and using the 80in8 ¢on¢ern basis of accounting unless the trnstees either intend lo liquidate the charity or lo cease operations, or have no realistic altemative bul to do so. Page 10
Bollington Health & Leisure Independent Auditor's Report to the Members of Bollington Health & Leisure Auditor responsibilities for the audit of the financial statements Our objectives are to obtain reasonable assurance about whether the financial slalements as a whole are free from material misstatement, whether due to fraud or error, and to 15sue an auditor's report that includes OUT opinion. Rea50nablc assurance is a high level of assurance. but is nol a 8uarantee that an audit ¢onducted in accordance with ISA5 {UK) will always detect a maierial misststement when il exists. misstatemen can arise from fraud or error and are considered material if, individually or in the aggregate, Ihey could reasonably be exwied to influence the economic decisions of users taken on the basis of these financial slatements. The exlent to which our procedures are Capable of detecting irregularities. including fraud is detailed below.. Irregularities, including fraud, are insiances of non-compliance with laws and regulations. We design procedures in line with our responsibilities. outlined above, lo delect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of d¢l¢¢lin8 irre8ularities, including fraud, are detailed below.. Our approach to identifying and assessing the risks of material misslatements in respect of irrtgularities, including fraud and non-compliance with laws and regulations, was as follows: the engagement partner ensured that the engagement team collectively had Ihe appropriate Competence, capabilities and skills lo identify or recognise non-complianee with applicable laws and regulations. we idcnlified the law5 and regulations applicable lo the company throu8h discussions with directors and oiher management, and from our commercial knowledge and experience of the charity care sector. we focused on specific laws and regulations which we considered may have a direct maierial effect on the financial slatemenls or Ihe operaiions of the company, includin8 the Companies Act 2006, laxalion legislation, data protection, anti-bribery, employmenl, environmental and health and safety legislation. we assessed the exlenl of Compliance with the laws and re8ulalions identified above through m8king enquiries of management and inspecling legal ¢orrespondence- and identified laws and regulalions were communicated within the audit team regularly and the learn remained alert to instances of non*omplian¢e throughout th¢ audil. Page 11
Bollington Health & Leisure Independent Auditor's Report to the Members of Bollington Health & Leisure We hssessed the SUeptib11Ity of the company's financial ststements lo mat¢rial rnisslatem¢nt$, including obtsining an understanding of how fraud might occur, by.. - making enquiries of managemenl as to where they considered there was susceptibility to fraud, their knowledge of actual. suspecied and alleged fraud.. and - considering the internal controls in place lo mitigate risks of fraud and non- compliance with laws and regulations. To address the risk of fraud through managemenl bias and override controls, we.. perforn)ed analytical procedures lo identify any unusual or unexpected r¢lationship8; rcvicwcd journal entries lo identify unusual Iransactions. assessed whether jud8emenlS and assumptions made in deiennining Ihe accountin8 eslimales were indicative of potential bias,. and investigated the rationale behind significant or unusual transaction$. In response to the risk of iTTegularities and non-compliance with laws and regulations, we designed procedures which included, bul were not limited io: agreeing financial slalement disclosures to underlying supporting do¢umenlation' reading minutes of meetings of those charged with govemance; and enquiring of managemenl as to actual polential litigation and claims. There are inherent limildtions in our audit procedures described above. The more removed Ihose laws and regulations are from financial transaction8, the less likely il Is Ihal we would become aware of non-compliance. Audiling standards also limit ihe audii procedures required lo idenlify non-compliance with laws and regulations to enquiry of the director51truslees and other management and the inspection of regulatory and legal correspondence, if any. Material misslatemenls that arise due to fraud con be harder to delect than those that arise from errors as they may involve dcliberale ¢oncealmenl or collusion. A further description of our responsibilitie$ is available on ihe Financihl Reporting Council's webstte at: www.frc.org.uklauditorsresponsibilities. This des¢riplioD forn)s part of our auditor's report. Page 12
Bollington Health & Leisure Independent Auditor's Report to the Members of Bollington Health & Leisure Use of our report Tbis report 15 made solely to the charitable company's trustees, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our 8udil work has been undertaken so that we might stale to the Charity's trustees those matters we are Tequired to state lo them in an auditor's report and for no oih¢r purpose. To the fullcsl exlenl perniitted by law, we do not accept or assume responsibility to anyone otheT thun the charilable company and its trustees as a body, for our audit work, for this Teport, or for the opinions we have forn)ed. Mlchael S¢nior {Senlor Statutory Auditor) For and on behalf of TBG Bri8hi LLP 26 Edward Court, Broadhealh, Altrincham, England. WA14 5GL 14 October 2025 Poge 13
Bollington Health & Leisure Statement of Financial Activities for the Year Ended 30 June 2024 (Including Income and Expenditure Account and Statement of Total Recognised Gains 2nd Losses) Unrestricted funds Restrieted funds Total 2024 Total 2023 Note Incomt and Endowments from: Donations and Le8acie$ Charitsble activities Other tradin8 aclivilies Investtneni income 4.345 1,108,764 2,325 50,737 55,082 1,108,764 2,325 3.570 1,083,722 2.634 Total in¢ome 1 124847 1 175584 1091895 Expendlture on: Raising funds Charitable activilies (8,180) (1,062,308} {8,180) {1,113,045) (19,147) (1,020,730) (50,737) Total expenditure Net income 1070 488 1 121225 1039 877 Net movement in funds 54,359 54,359 52,018 Reconciliation of fuDds Tolal funds brought forward 252 122 Tolal funds carried forward 16 358 499 358 499 All of the charity's activtties derive from continuin8 operations during the above two periods. The funds, breakdown for 2023 is shown in note 16. The noles on pages 17 to 24 form an intcgral part of these financial slalements, Page 14
Bollington Health & Leisure (Registration number: 08119494) Balanee Sheet as At 30 JUD¢ 2024 2024 2023 Nole Flxe41 Issets Tangil)le wets 12 22,549 22.549 Current Sto¢ks Debto 13 14 3,081 87,498 426 090 3,733 33.153 Cash at bank and in hand 516,669 445.686 Credltors: Amounts falling due wltblll ooe y¢ar ¢urreDt ets 15 180719 335 950 281591 •sxts 358 499 Fund$ of the eharlty: Restrleted Ineome fun ' Restrieted funds Unrestrleted Income fuod# Unrestrictd funds 358 499 Totsl funds 16 358 499 The financial stst¢ments have been prepared in accordance with the provisions applicable to companie5 subject to the small companies regime. Th¢ financial stst¢m¢nts on pages 14 to 24 were approved by th¢ trustees, and authorIs for issue on 14 October 2025 d signed on their behalf by: Peter Tunwell DirectorllTUStee The note5 on page5 17 to 24 fomi an ltit¢ part of the3e financial siat¢ments. Pag¢ 15
Bollington Health & Leisure Statement of CAsh Flows for the Year Ended 30 June 2024 2024 2023 Note Cash flow$ from operating aetivities Nel cash in¢om¢ 54,359 52,018 AdJu8tmenls to ¢A$h now$ from nonvc$h Items Investment Income 44,946 50,049 Worklng capltal dju$tments Decreasel(increase) in stocks Increase in debtors Increase in crcdilors 13 14 652 (54,345> 16,624 (1,283) (4, I07) 8.033 15 Net cash flows from operating activities 7,877 52.692 Cash flows from Investing activities Inleresl re¢¢ived Net increase in Cash and ¢ash equivalents Cash and cash equivalenls at l July Cash and cash equivalents at 30 June 17.290 54,661 354 139 426 090 408 800 All of the cash flows are derived from continuing operations durin8 the above two periods. The noies on pages 17 to 24 forn) an integral part of these financial stalements. Pag¢ 16
Bollington Health & Leisure Notes to the Financial Statements for the Year Ended 30 June 2024 l A¢counting poll¢les Statement of complilnce The fin8ncial statements have been prepared in accordance wilh Accounting and Reporting by Charities: Statement of Recommended Practice (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of LrelBnd (FRS 102)) (issued in October 2019) - (Charities SORP (FRS 102)), Ihe Financial Reportin8 Standard applicable in the UK and Republic of Ireland {FRS 102) and the Companies Act 2006. Bsl$ of preparation Bollington Health & Leisure meets the definition of a publi¢ benefit entity under FRS 102. Assets and liabilities are initially recognised al historical c051 or transaction value unless otherwise stsled in the relevant a¢¢ounling policy notes. The financial statements are presented in Sterlin8 which is the functional Currency of the charity and rounded io th¢ nearest £ l. Golng concern The trusiees consider that rhere are no material uncertainties aboul the charity's ability lo continue as a going concern nor any significanl areas of uncerlainty that affect the carrying value of asseis held by ihe chariry. Income and debtors All income is recolS¢d once the charity has eniiilemenl to Ihe income, it is probable thai Ihe income will be received and Ihe aniount of th¢ income receivable can be measured reliably. Dcblors are measured al the setllemenl amounl due and grants are recognised al fair value when the Charity has entitlement after any perfomian¢e conditions have been m¢1. C$h at bank and in hand Cash at bank and cash in hand include5 Cash and short tern] highly liquid investment with a short maturity of three months or less from the dale of acquisition or opening of the deposit or similar amount. Expendlture and crtditors All expenditure is recognised once there is a legal or con8truclive obligation to Ihai expenditure, il is probable setllemenl is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading ihal aggregate similar costs to that category. Where costs cannot be directly attribuied 10 particular headings they have been allocated on a basis consislenl with Ihe use of resources. with central staff costs allocated on the basis of time spent. and depreciation charges allated on the portion of the asset's Use. Other support costs are allocated based on the spread of stsff costs. CrediloTS are recOlSed where Ihe charity has an obli8aiion resultin8 from a pa81 event tha¢ are measured at the transaction price. Page 17
Bollington Health & Leisure Notes to the Flnanclal Statements for the Year Ended 30 June 2024 Taxation The ¢harity is considered to poss the tests set out in Paragraph I Schedule 6 of the Finance Act 2010 and therefore it meels the definition of a ¢h8ritable company for UK corporation lax purposes. Ac¢ordin8ly, the chariry is potentially exempl from taxation in respccl of in¢omc OT capital gains Teceived within colegoTies covered by Chapicr 3 Part I l of thc CorporatlOD Tax Act 2010 or Section 256 of Ihe Taxarion of Chargeable Gains Aci 1992, 10 the exlent thai such income or gains are applied exclusively to ¢lwAiable purposes. T4nglble Ilxed asset5 Depreciation is provided on langibl¢ fixed assets so as to write off ihc c051 or valuation, Icss any esiimated residual value, over their cxpe¢led useful economic life as follows.. Depre¢lAtlon rates Asset tla$s Fr¢¢hold propety Depreclltlon method and rate Stock Stock 1$ valued al the lower of cost and e51imated selling price less costs 10 complete and sell, after due regard for obsoleie and slow moving siocks. Cost is delern)in¢d u$in8 the fiTsI-in, fwsl-out (FIFO). Fund structure Unrestricted income fund5 are general funds thai are available for use at the trnstees discretion in rthe[an¢t of the objectives of the charity. Restri¢led fvnds can only be used for the particularlmentioned purpose within the object of the charity. Penslons and other post retlrement obllg4tlon$ The charitable company operdtes a dcfined ¢onlribution pension scheme. Contributions payable to the charitable company's pension scheme are tharg¢s to the stslement of Financial Activities in ihe period to which they relate. 2 Donitlons Ind Leggeles TotAI 2024 Total 2023 Donalion5 Granls-unrestricled Grants-Restricied 3.345 ,000 2,570 1,000 Page 18
Bollington Health & Leisure Notes to the Financial Statements for the Year Ended 30 June 2024 3 Income from ¢harit4ble a¢tlvlties Total 2024 Total 2023 Leisure centre income 1.108,764 1.083,722 4 Jn¢ome from other tradiD% Ilctivities Total funds Total 2023 Fundraising events S Investment Income Total 2024 Total 2023 Deposit account inleresl 9,413 1,969 6 Costs of trading aetlvltles Total 2024 Total 2023 Purchases 19,147 7 Expenditure on eharitable 4etlvltles Total 2024 Total 2023 Note L¢isure centre Project costs 1,038,637 975,043 1 113045 1020.730 Page 19
Bollington Health & Leisure Notes to the Financial Statements for the Year Ended 30 June 2024 2024 2023 Aiax field Health spa repairs Swimming pool repairs Changing rooms refurbishment Centre suite repairs Cafe refurbishment Pool Cover 2,100 8.175 4,115 4,267 27,923 3,492 4,890 1,000 2,752 17,513 Solar Panels 74.408 45,687 8 Anllysls of governance and support ¢o$t$ Governanee eo$¢i Total 2024 TotAI 2023 Audit and a¢wunlancy fee8 Audilovs remuneration Accountsncy and legal fees Disclosure and B8rrin8 Service checks 5,800 1,000 54 6,854 5,600 1,000 7,992 9 Net Incomingloutgoing r¢sour¢e$ Net incoming resources for the year include.. 2024 2023 Audit fees 5,800 5,600 10 Trustee$ remuneratlon and expenses No trustees, nor any persons nnected with them. have received any remuneration from the Charity during the ycar. No trustees hav¢ received any reimbursed expenses or any otber benefits from the charity during the year. Page 20
Bollington Health & Leisure Notes to the Financial Statements for the Year Ended 30 June 2024 I I Staff ¢osts The aggregate payroll costs were as follows.. 2024 2023 Staff ¢osts Wage5 and salaries Social security costs Pension costs 462,423 19.405 462.700 18,098 488,853 488,087 The 8veraBe monthly number of employees duTing the year was as follows: 2024 No 2023 No Management and Administration Instructors and support 10 61 70 61 71 No ernployee r¢¢eived emoluments of more than £60,000 during the year. The total employee benefits of ihe key mana8emenl personnel of the charity were £71,709 {2023 £41,594). The increase for the y¢ar was due to a change lo a joint team mana8emenl stru¢n]r¢. 12 Tangible fixed assets Freehold property Total Cost At l July 2023 22,549 22,549 At 30 June 2024 22,549 22,549 Depreciation At 30 June 2024 Net book value At 30 June 2024 At 30 June 2023 22,549 22,549 Page21
Bollington Health & Leisure Notes to the Financial Statements for the Year Ended 30 June 2024 The land originally leased by Bollington Health & Leisure from Cheshire Easi Borough Council has been leased from Cheshire Easl Borough Council to Bollington Town Council who have therefore become Landlord to the Bollington Health & Leisure Lease with effect from 27 April 2017. Bollingion Town Council have deterniined not lo impose any ground rent for the Icasc of Bollington Leisure Centre. The lease terni is due to expire in 2033. The Leisurc Centre ConstCted on this site comprises faciltlies for swimming. squash. fitness and other sporting. health and social activities. The building is owned by the charity. All the building costs have been ]lY depreciatsd as staled in note l. 13 Slock 2024 2023 Stocks 14 Debtors 2024 2023 Trade debiors Prepaymcnts Other debiors 7,780 20,013 8,794 19,381 87,498 33,153 IS Creditors: *mounts falling due withln one year 2024 2023 Trade Creditors Other taxalion and social security Deferred income A¢¢rnals 50.317 4,273 91,077 19,740 4,412 106,452 180.719 164,095 Deferred income 2024 2023 D¢f¢rred income at l July 202J Additions in the year Amount released 106,452 935 (16,310) 94,946 11,506 Deferred income al 30 June 2024 106452 Income has been deferred for the gym rnembeTship and lesson5 paid for in advance. Po8e 22
Bollington Health & Lelsure Notes to the Financial Statements for the Year Ended 30 June 2024 16 Fund$ Balance at l July 2023 Ineoming r¢source$ Re$our¢¢$ expended Balante it 30 JuDe 2024 £ Unrtsirl¢ted funds General 304,140 1,124.847 (1,070,488) 358,499 Restricted fuThd$ Total funds 304 140 1 175 584 121225 358 499 Balance at I July 2023 Ineoming resources Resources expended B412nce at 30 June 2024 Unrestrl¢ted funds GenerAI Gener81 funds 304,140 1,124,847 (1,070,488) 358,499 Re5trlcted fyDd$ Pool Cover Solar Panels 10.000 {io,000) Totil fund$ 304 140 1 175 584 121225 358 499 Balanee at July 2022 Incoming resources Re$ourees expended B414n¢e at 30 June 2023 Unrestrlcted funds General 252 122 1091,895 1039 877 304 140 Restricted funds Pool Cover fund The fund of 10,000 was a grant given by Sport England as a contribution to a Pool cover. which ha5 been spent in the year. Solar Panel fund The fund of £40.737 was a grant gtven by Sport England and has been spent on Solar Panels to heal the swimming pool. Page 23
Bollington Health & Leisure Notes to the Financial Statements for the Year Ended 30 June 2024 17 Related party transactions Three members of Ihe senior management team, each have close family members who are employees of the charity. A trustee's business rec¢ived £1,625 for 5ervice$ 10 the chariry during the year. There were no fvrther related paty transactions in th¢ year. 18 Llablllty ofmember$ The liabiliry of th¢ members is limited by 8uarantee. Under clause 3 of the Articles of Association all members undertake to contribuie to ihe assels of the Charitsble Company such an amount as may be required, not exceeding £10, in the event of it being wound up during the period of membership or within on¢ year after ceasing to b¢ a member. Page 24
Bollington Health & Leisure Detailed Statement of Financial Activities for the Year Ended 30 June 2024 Total 2024 Total 2023 In¢ome 4nd Endowments from: Donations and Legacies (analysed below) Charitable activities (analysed below) Other trading activities (analysed below) Investment Tncome (analyscd below) 55.082 1,108,764 2,325 9,413 3,570 1,083,722 2,634 1,969 Total income 1 175584 1091895 Expendllure on: Raising ndS (analysed below) Charitabl¢ activilie5 (analysed below) (8.180) (1,113.045) (19,147) (1,020,730) Total expendire Nel income 1 121225 1039 877 Net movemeDI in fijnds 54,359 52,018 Reconclllation of funds Total funds brougbi forward Total funds carried forward 304 140 252 122 358 499 This page does not forni part of the statutory financial statements. Page 25
Bollington Health & Leisure Detalled Statement of FlnAnclal Actlvities for the Year Ended 30 June 2024 Tot41 2024 Total 2023 DonatioDS Ydnd Leg4cles Donations Grants-Restri¢ted (Pool Cover) Grants-Restricted (Solar Panels) Grants-Unrestri¢ted 3,345 10.000 40.737 2.570 3.570 Charitable actlvltles Leisure Centre income 1 108764 083 722 1 108 764 1083 722 Other trAdlng actlvltles Fundraising events 2,325 2.634 Investment Income Deposit accouni interest 969 Ralsln8 fundi Purchases (8,180) (8,180) (19.147) (19.147) Cbarltablt #etivities Purchases Wages and salaries stsff NIC (Employers) Staff pensions (Defined ntribUtion) - pension scheme I Rales stsff cost 'Travelling Light, bcat and power Insurance Repairs and maintenance Telephone and fax Computer 50fhvare and mainlenhnce costs Pnntin8. POSta8e and stationery (284,004) (462,423) (19,405) (7,025) (12.466) (3,989) (153) (70.562) (17,847) (72.727) (1.662) (30,903) (4,349) {240.986) {462,700) {18,098) (7.289) (11,820) (6,031) (282) (77,229) (16,757) (42,6J2) (1,554) {25,685) (3,490) This page does not forn) part of ¢he stafvlory financial slatemenls, Page 26
Bollington Health & Leisure Detailed Statement of Financial Activities for the Year Ended 30 June 2024 Total 2024 Total 2023 Sundry expenses Project costs- Restricled (Pool Cover) Proje¢l Costs- Restricted {Sol8r Panels) Project cosis- Unrestricted Instru¢lors fees Adv¢rtising Legal and prof¢ssional fees Bank char8¢$ Credit card char8es Disclosure and Barring service checks Accountancy and legal fees Auditor's remuneration {4,131) (i 0,000) (40,737) (23.671) {24,705) (2.414> (4,088) (181) (8,749) (54) ( 1,000) (12,369) (45,687) (23,791) (3,823) (2,589) (77) (9.849) {1,392) ( 1,000) 1113045 1020 730) This page does not fom) part of ihe statutory financial slatements. Page 27