Charlty Roglstratlon No. 1152093
Company Reglstratlon No. 08466394 (Ervaland and Wales)
ABSOLUTELY TOGETHER
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

ABSOLUTELY TOGETHER
LEGAL AND ADMINISTRATIVE INFORMATION
Trusteos
J H Gillan
D V Gregory
J E Blackbum
Key management personngl
G Sincla¢r (Chief Exe¢utive- Absolutsly Leisure)
Charlty numbor
1152093
Company nUrn￿r
08466394
Reglstored offico
stafferton Way
Maidenh8ad
Berkshire
SL6 1AY
Auditor
Azets Audit SeNices
Gladstone House
77-79 High Street
Egham
Surrey
TW20 9HY

ABSOLUTELY TOGETHER
CONTENTS
Pago
Trustees report
Statement of Trustees responsibilities
Independent auditorfs report
10-12
ststement of financial actsvitses
13-14
Consolidated balance sheet
15
Company balance sheet
16
Consolidated statement of cash Ilows
17
Notss to the ffinancial ststements
18-40

ABSOLUTELY TOGETHER
TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
The Trustees present their report and fjnancial s&2lements for Ihe year ended 31 March 2024.
The Trustees confimi thal they ￿mplY with th8 requirements ofthe Charities Act 2011. as amend8d by the Companies
Act 2006. the Memorandum and Articles of ￿50¢lation and the Charities Statement of recommended Pradice
(SORP) 2019.
Objectives and activilies
AbsoluteEy Leisure and Dacorum Sports Trust are wholly owned charilies that exist to provide or assist in the provision
of facilities and serwces for recreational or other leisure time occupation in the interests of social welfare. Such
facilities being provided to the public at large save that special facilities may be provided for persons who by reason
of their youth, age. infirmity or disabilty. poverty or so¢ial or ecOrN￿1C arcumstances may have need of specjal
facilities and services.
Additionally. the Group aims to promote and preserve good health through community participation In healthy
recreation and l or suth other charitable purposes benefiaal to the communty Consistent with the objects of the
charity.
How our actlvltles dellver public bènefit
The Board Members confinn that they have complied with the duty in Section 17(5} of the Charities Act 2011 to have
due regard to th8 Charity Commission's general guidance on wblio ￿nefft.
The Board have refe￿ed to the guidance in the Charity Commission's general guidance on public benefft when
reviewing our airYL* •nd objectives and in planning our future activities. In particular. the Board Members consider how
planned activities will contribute to the aims and objective5 they have set. The Group arKI Charity is committed to the
on-going improvement of th8 communty sporL leisure and culture in the areas vthich it operates. The Group and
CharÈty will achieve this through well operated faciltties that adapt to the thanging needs of the community tt serves.
The Group reGognises that any seNices it operates must provide good quality. inclusive. accessible. affordable sport,
leisure and cultural activities that improve overall health and wellbeing. The Group and Charity v￿rkS dosely with all
of its partners to ensure it meets all of its objectives for the community.
Settlng of pay
The Péople Development Sd)eme is a Company poly that endorses all pay Tate18vels across Absolutely Together
(AT). Dacorum Sports trust (DST) and Absolutely Leisure IAL). All Boards approve any pay rlses on an annual basis
and these are then conffinned within the policy.
The pay of the Chief Executive is set in line with a historical sur4ey of similar sized and complex organisations in the
wider Third Sector. as well as in regard to the skills and experience of the post-holder. The Chief Executive sets the
pay for his immediat8 team. based on the framework detailed *rythin the Charity's People Development Scheme. and
again with reference to the skills and experience of the post-holdern.
Structure. govomance, and management
Governlng document
The Charitabl8 Company Is controlled by tts goveming documen( a deed of trust, and constitutes a limitsd
c<Nnpany, timitsd by guarantee. as defined by the Companies Act 2006.
R¢crultment and appolntmont of new TTUStees
New trustees are invited to attend and obser¥e al least 2 Board Meetings before confiming thelr acceptsnce to
beGome a trustee. Durin9 the year the Board completed skills audlt to help infom trustee recruitment. This identified
the need for legal experience among new trustees. skillsets.

ABSOLUTELY TOGETHER
TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Board membors Inductlon and tralnlng
I new members joining the Board received a full Induct[￿ that is aimed at training them In their ststutory
responsibilities under Charity and company law. This induction is reviewed regularly to ensure that it is up to date
with any relevant changes. The induction will nOM￿llY include:
meeting with the Chaimian of the Board of Management and the Chief Executive:
tour of leisurè centre and head office facility;
receiving copies of the rules:
receiving copies of business strategy documents. and
receiving copies of corporate policies and documents.
Organisatlon structure & how decision arn mado
The Board of Trustees are also Directors of the parent company Absolutely Together and the wholty Iwined limited
company and subsidiary Absolutely Together Trading Limited. w￿re a taxable profit is made by th8 subsidiary this
Is gifted to the Charity. The Board met for fom7al meetings 6 times during the year to oversee the managèment and
administration of the Charity. and to receNe regular uwlates on various aspects of th8 Charitys activities from the
Management Team.
The Management Team. led by the Chief Executive. meet weekly to review the overall perfonnance of the Charity.
and to plan and implement necessary actions. The Management Team includes Operations. Finance, People
Management. Health and Safety and Business Development functions. A quarterly meeting is held the wider
management team to discuss and plan future adivities. Two junior managers are inviied to attend each quarterly
mceting to gain a better insight into the Charity and its managèmonL
The members of the Trustees. who are also the directors for the purpose of company law. and who served during
the year and up to the date of signature of the financial stalements were:
J H Gillan
D J Gale-Page (resigned on 20 February 2024)
D V Gregory
J E Blackburn (appointed on 4 April 2023}
Invèstmènt In subsldlary company
The Charity is the sole member of Absolutely Leisure Linmted (AL) and Dacorum Sports Trust {DST). It also owns
1 OOYO of the ordinary share capital of Absdutely Together Trading Limited (Arn.

ABSOLUTELY TOGETHER
TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Chairfs Report
This report covers a period of Aprfl 2023 to March 2024.
Abs(Autety Together Is the 'umbrella' charity Ihat owns the operating charities- AbsolLrtely Leisure and Dacorum
Sports Trust. During the year we have achieved our primary tsrget providing over 40.000 Smile actsvities for
children with additional needs- and their families. We now have regular programmès at every one of our
venues, including those new venues within Dacorum Borough, as well as worklng V•ith pathers across the
community to provlde greater access to our target beneficiaries.
During the year the charity continued to develop its business operations and to grow on what was a very positive
previous year. The economic environment continued to be problematic for all businesses. and charities
especially. The impact of the war in Ukraine forced utility costs to 'skyrockef - this impact lagged due to the fixed
contracts that charity had entered before the conflict. The annual increase in the National Minimum Wage
continues to impact the charity. and while the Govemmerfs Intention is laudable. it does add a huge strain to the
finances of the charity.
l am pleased to ststa that the charity rs robusl enough to weather these various extemal pressures and continues
to provid8 invaluable activilies for children with additional needs, and their families. We continue to expand our
programmes and our ambitions and in the coming year are aiming for a 250A increase in activities- delivering
50.000 Smile activities in the communities we serve.
It remains our intention to focus on children with additional needs. continually and pennanendy. and to further
embed 'Absolutell Into every communty we work in- putting smHes on faces.
I, and my fellow Trust
customers. tor suppo
S. K+uld like to thank the staff of the Charity. our stskeholders and of course our
lutely Leisure and maKIng our wotk p0551bte.
kie Gillan
Chair

ABSOLUTELY TOGETHER
TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
STRATEGIC REPORT
Achl¢vemonts and ￿rfornianC0
Th• Charity is very proud to havo V￿#th•r￿ the unprecedentod hirbuleneA of the18st 4 y8ars. And although
these turbulent times look set to continue, the Charity is in a stronger and more resilient place than it wa5 4 years
ago.
During the last year the Charity met its target to provide over 40.000 Smile activities to the communities Èt works
with. We now provide regular school curriculum acbvitses to 9 SEN schools.
Staff retention is among the highest in our sector and slaff report a feeling a positive engagement in the work of
the chartty.
The merger with DST In 2022 continues to provide additional stsbilty to th8 Group as well as increasing our
reach to a new community.
Throughout the year the Charity stayed within its financial obligations to the Naiwest and it is pleasing that a
surplus has been achieved for the financial year.
The Charity receives no local authority or govemmenl funding and relies on grants and donations to support ts
programmes. Without this supporL the Charity would not be able to deliver the breadth and scale of adivlties lo
Its beneficiaries. During last year the Chanty received grants and donations totalling nearly £7.000.
Flnanclal Revlew
Trustees are pleased to report that Absolutely Leisure has made a surplus for the third year in surx8ssion and
DST has made a surplus for the first time since 2018.
Cash Ilow within the Group remains well managed. and although there ar8 dips in cash flow throughout ￿rtain
points. the Charity has not needed to use its overdraft facility.
A significant challenge throughout 202314 was the impact of the National Minimum Wage. The Charity was able
to award all staff not receiving minimum wage increases. an annual increase in pay of 2.5°A. Whilst this was below
inflation staff vRre understanding and grateful for the increase.
Financial managemont
Thè execulive management team prepare the annual opgrational budget for the Group and Charity and Ihls is
approved by the board of management prior lo the common￿ment of th8 f nancial year.
Th8 board of management receive reports on the financial perforniance of the Group and Charity.
Thesè reports Include an income and expenditure statemen( balance sheet and cash l]cw, which are Compared
to budget and last year for the month and year to date.
All funds are generated through receipts from customers or from contractual deficit funding provided by our local
authority pathers. The majority of fvnds are spent on staffing. utilities and facilitylequipment maintenance and
ImprovemenL Expenditure of these funds supports the key community objectives of Ihe Group and Charity arKI the
continued investsnent in improved services and laalilies for Ihe communty.

ABSOLUTELY TOGETHER
TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Plans for future periods
The Trustees have committed to growing the reach of the Charity and to delTvering the programmes of Absolutely
Tog8th8r in every community that the Charity works in. Additionalty, the Trustees want to continu8 to offer
'enabling support. to ¢omplementary community groups and ¢hariknes using our venues.
In April of Ihis year th8 Board approved a revised set of ouuine strategic objectives for the Charity for tr£ next 5
years. These include..
Growth of our Smile programmes to neighbouring communities
Further development of ourwork Placementl Experience programmes and extend ourtarget beneficiaries
to include young adults with additional needs
Greater parthering with leisure providers to support our Smiles programme$
Retain key contracts and leases
Redevelop Maidenhead and XC venu8S
Dispose of car park land at Maidenh8ad
Post ye8r-end th8 Charity introduced a new fl88t of electri¢ karts for children aged 4 to 7 yeaTS old at
Maidenhead. and replaced its gym membership software to a new, more dynamic software that provides greater
features for members. Our contract with the (ywner5 of Rogue Leisure has been extended for up to a further 12
months.
Key to the fuiure success of DST will be to Postbvely engage wlih the Council at all levels. to retain its lease to
manage Little Hay Golf Complex. and to redevelop the XC to make it more appealing to a wÉder audience.
Reserve? poll¢y
The Board has an aspiration to increase its reserrfes to a18vel of £250.000 over the next 4 yeats. whilst
recognising that during these extraordinarily turbulent times m8intsining a consistent reserve will be ¢h8118nging.
Pension Costs
Trustees are aware of the penslon information required to be induded in Ihe statutory accounts. The pension
refeThed lo is a Local Govemment Pension Scheme (LGPS) for a total of 8 employees wtK) have previously b88n
transferred from the local authority. The scheme is under•nilkn by HM GovemmenL
Trustees understand that the calculations required to be used for statutory purposes are notional and represent
only one vlew of the pensi￿ fund. as directed by the FSA In contrast the latest actuariai review from the Fund
Managers appointed actuary. Bamet Waddingham. shows an alternative position- the fund is in surplus and
employers. contribution for the next 3 years are static.
Risk Management
The members of the Board have a duty to identify and review the risks to which the Charity is exposed and to
ensure appropriate controls are in place to provide reasonable assurance against fraud and error. The Board
members confimi that the major risks to the Charity have been reviewed and that systems or procedures have
been estsblished to manage those risks. The Board of Trustees reviews and updates the Risk Register at every
Board Meeting and management work to mitigate risks idenlified. Of the most recent emerging risk, the impact
of the National Minimum Wage continues to be a focus of ManagemenL looking at ways to work differently to
absorb these slgnlficant costs within the nom)al operating costs. It is pleasing lo report that the relationshlp wlth
DaGowm Borough Council has developed positively, and regular communication has begun.
Quallfying thlrd party Indemnity provislons
The Chadtable Company has made qualtyng third paty indemnty provisions for the benefft of its directors
during the year. These provisions remain in force at the reporting date.

ABSOLUTELY TOGETHER
TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Public Benefit Statement
The Trustees confim that they have referred to the guidance contained in the Charity Commission's general
guidance on public benefit when reviewing the Charity's aims and objectives. and in planning future activities.
Absolutely Together progFatw]me5 PFuvid¢ Ir¥e leisuie aGIl￿tieS to local families that have children wtth additional
needs. These families are recognised as often facing the most challenges accessing leisure for many reasons.
Our programmes provide free use of Absolutely Leisure activities as well as donating vouchers for free access to
other local °partneff leisure faciltlies.
Programmes run at every venue that we operate. meaning that we serve 7 communities within the wider Thames
Valley region. During the year we provided over 30.000 places to children with additional needs within our
communities. These activities induded: ten pin bowling. karting. dimbing. swimming. theatre visits. visits to local
attractions. gym use. arMI trips to the loGa] cin8ma.
Through our Absolutely Together aclivitres, we continue to support families with ¢hildren who have addtlional
needs. Our programmes operate at ea¢h of our 9 venues as well as at carefully selected leisure partners in the
communitiès we setve. This allo￿ us to offer a wide-ranging programme wtth activitTres that meet the needs of all
the families we support.
During the year, we delivered over 40.000 Smiles to local families supporting thildren vrith Special Educational
Needs {SEN). helping religve their social isolation and improve Iheir mental wellbeing. Activities provided Ihis year
have included:
Ten-pin bowling
Kartlng
Climbing
Swimming
Theatre visits
Theme park visits
Gym use
Disc golf
Trips to the cinema
Togeth8r Karting
We now operate our Together Karting programme across our kart tracks in Aylesbury. Bristol. and Maidenhead.
Our SpeCi￿[Y adapt8d karts give thildren the unique OPFortunity to experience karting alongside members of their
family, creating memories that will last a lrfetime.
Our work with local SEN schools has continued lo expand across the three faciltties and now provides 10 hours of
kaiting per week. supporting schools with their extracurricular programme at no Cost to them. Teachers involved
In the programme are very complimentsry ab(Art Ihe b￿efftS for their pupils, as this comment form a teacher
demonstratss:
We have had such g￿t feedback from students. staff. and parents regarding the benefit of attending the Go-
Karting sew'ons wllh you. tt has hel￿d to impmve our stud8ntS' attainment at school as they arn now wanting to
engage and leam due to having such a great reward-based activity to attend. It has also helped to impmve our
students, confidence wKh engaging with unfamiliar aduRs and in an unfamiliarenvlmnmenL'
Across the year. over 12.000 smiles were delivered across the karting sites. whlch bs a large increase on last year.
We will look for further opportunities to Increase this in the year ahead.

ABSOLUTELY TOGETHER
TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
I,OOOs of Smi16S
Thanks to a grant from the Rectory Foundation. we were atle to continue our I,OOOs of Smiles programme in
Buckinghamshire. We purchase V0￿herS at a discounted rats from various leisure facilities across the region and
distributo them free of ¢har90 to familics viith SEN ¢hildrgn.
1.OOOs of Smiles continues to be hugely popular. with over 600 familiès engaging in the most recent programme,
vthich delpiered over 6.000 smiles over a six-month penod.
Families with SEN children continue to find their access to leisure aclivitses restricted. with 82% of the families v
ongage with saying they find this challenging. 97% of parbcipants in the programme say that 1,000$ of Smiles has
improved their families, access to leisure. wilh 90% of these reporting that the programme has improved their
wellbeing.
The impact Is best shown In the comments received:
his helped my family so much. I have such tnjuble getbng Ihe children out together. but being able to spend a
dayout altogetherhas made such a bigimpart and we allloved it1￿1 the children hadhuge smiles on theirfac8s."
"As the mum of an autisticson. it takes a long time (andmoney) to build up confidonce andtolerance of new things.
Absolutelyhas reallyb8èn a beam ofsunshine d￿ing these financialty difficult times andallowedmy son to expand
his horizons. We ar8 grateful to the chai?ty."
Smiles in Dacowm
Our first full year of operating our Smiles programmes wlthln the Dacowm Borough has been a huge success. We
have been able to offer free inclusive climbing sessions at the XC Centre. foot and dis¢ golf sessions at the Little
Hay Golf Complex. and gym access at the Our Gym farility for local families. Participation across the facilities grew
throughout the year. and we are pleased to have delivéred over 9.000 smiles to th8 local community durirHJ our
first year of operation in the area. The addition of these acbwties has enabled us to broaden our appeal to families
with SEN children and reach more people desperately in need of supporL
Our programme with local schools viithin DaGoNm has also been a great success also, with three local SEN
schools participating in weekly activities across all three of our DST facilities. The a¢tivities and opportunities we
have provided to local pupils have b88n irKredibty well received, as this comm8nt from a teachèr involved in the
programmes demonstrates:
"Due to the Va￿.ng. and often complex, special educational needs of our students and the financial strains faced
by many of their families. thoso actiwties can be challenging for them to access. Having tho opportunity to take
part during the school day and kwth the support of Absolulely Together means most students acmss th8 school
have been able to take part in ono or more oltheso aCtsv￿8s this year. Taking part in these activthes supports ou
students to develop th8 essential life sknlls they need to be successful independent adufts beyond school and
college. ft builds confidence andpmvides opportunities to develop th￿r communication skills thmugh interactic>ns
in different ¢ontexts.'
Work Experience
During the year we developed a work experience programme for young adults with additional needs to develop
many of the skills they will ne8d as they transttion from education into working life. The ststisti¢X around
unemployment in young adults wlth additional needs when they leave educatton are unfortunately very high. With
our support, we are assisting young p8ople in tsking their first steps into employment by providing them with
structured envlronment wherè they can leam thè skills that many employers wlll look for in their fututss.
Our programme differs from traditional experien¢6 by taking place over 12-we8k blocks, with students
attending once a week. We assess each student and tailor work tasks to their needs. Teathers from the schools
are hugely impressed with how we have integrated their students into a real work environment. and the students
enjoy their time with us.

ABSOLUTELY TOGETHER
TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
We are Incredibly proud that two of the "graduates" of our work experience programme have now entered paid
employment wlth us. which we understand is incredibly rare. The confidence and skills that these two young people
continue to develop will give them a platform to help develop their careers in the future.
The leisure industry rriviains an inGiedibly aGGessible Gareer for young people with additional nccds. The group
Intends to continue developing its work experien￿ programme by launching a supported Intem schem8, which will
give school leavers the opportunity to gain work exFerience with us vthile continuing their studies and getting real-
life. On-th￿j0b experiences.
Auditors
In accordance with the companYs articles. a resolution proposirwj that Azets Audit Services be reappointed as
auditor of the group will be pul al a General Meetir￿.
This report has been prepared in accordance with the provisions applicable to companies entitled the small
companies exempti¢m.
ON BEHALF OF THE
Gillan
air
Date. c<& - 11-24

ABSOLUTELY TOGETHER
STATEMENT OF TRUSTEES RESPONSIBILITIES
FOR THE YEAR ENDED 31 MARCH 2024
The Trustees. who are also the directors of Absolutety Together for the purFrf)se of company law. are responsible for
preparing the Trustses Report and the financial statements in accordance with applicable law and Unitsd lfjngdom
Accounting Stsndards (United Kingdom G8nerally Acc&epted Accounting Practice).
Company Law requireb Tiusiees to prepare finanGial statements for each finandal year which give a true and fair
view of thè state of affairs of the Charitable Company and of the incoming resources and application of resources.
including the income and expenditure. of the charitable I￿1panY for that year.
In preparing th8se financial ststements. the Twstees are required to:
sdect suitable accounting policies and then appty them consistently:
observ8 the methods and principles in the Charities SORP"
make judgements and estimates that are teasonable and PnKlert,
state whether applicable UK Accounling Slandards have been followed, subject to any material departurès
disclosed and explained in the financial statements. and
prepare the financial statements on the going concem basis unless it is inappropriat8 to presum8 that the
Charitsble Company V￿11 continue in operation.
The Trustees are responsible for keeping adequate accountiNJ records that disdose with reasonable a¢curacy at
any time th8 financial posityon of the Charitsble Company and enable Ft to ensure Ihal ili¢ fi¥wiiGial statements Gomply
wlth the Companies Act 2006. tt is also responsible for safeguarding the assets of the Charitable Company and
hence for taking rèasonable steps for the prevention and detection of fraud and other irregularities.
STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDrroRS
So far as the Trustees are aware. there is no relevant information of which the Charitable CompanYs auditors are
unaware. Additionally, the Ttustees have taken all the steps that they ought to have tsken as trustees in order to
make them aware of any audit information and to estsblish that the Charitsble Company's auditOT5 are aware of that
Information.

ABSOLUTELY TOGETHER
INDEPENDENT AUDrroR'S REPORT
TO THE TRUSTEES OF ABSOLUTELY TOGEfHER
Opinion
We have audited the finanual statements of Absolutely Together {the 'parent Charitable Company,) and its
subsidiaries {the 'Group') for the year ended 31 March 2024 vthich comprise the consolidated statemenl of financial
8diviti8s, consolidated balance sheet. company balance sheet. ststement of cash flows and the notes to the financlal
statements. including a summary of signifitsnt accounting policies. The financial repornng tramework that has l)een
applied In their preparation is applicable law and United lQngdom Accounting Standards, induding Financlal
Reporknng Stsndard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United
Kingdom Generally Accepted Accounting Praclice).
In our opinion. the financial statements:
give a true and fair view of the state of the Group's and the parent charrtable companvs affairs as at 31 March
2024 and of the Group's incoming resources ar￿ application of resources. for the year th8n ended.
have been properfy prepared In accordan￿ with United lfjrvJdom Generally Accepted Accounting Practice:
and
have been prepared in accordance with the requirements of the Companies Act 2006 and th8 Charities A
2011.
Basls for oplnlon
We conducted our audit in accordance ￿ryth Irrtemational Stsndards on Auditing (UIQ (ISAS {UK)) and applicable law.
Our ￿spOnSIbl11￿eS under those standards are further described in Ihe Auditorfs reswnsibilities for the audit of the
fjnancial statements section of our reporL We are independent of the Charitable Company In accordance with the
ethical requir•m8nts that a￿ relÈv2nt to our audit of the ffinanual statements in the UK. including the FRC'S Ethical
Stsndard. and we have fulfilled our other ethical responsibilities in accordance these requirements. We believe
that the audii evldence we have obtsined is sufficient and approprlate to provide a basis for our opinlon.
Concluslons rolatlng to golng concèrn
In auditing the financial statements. we have C(￿dUded thatthe trustees. use of the going concem basis of accounting
in the preparation of the financial statements is appropriate.
Based on the work we have perfom)ed. we have ￿t idenlffied any material unr2rtainties relating to events or
condilions thaL indwidualty or collectively. may cast slgnificant doubt on the charitsble companls abilty to continue
as a going ¢oncem for a period of at least twelve months from when the ffinancial statements are authorised for issu8.
Our responsibilities and th8 responsibilities of the trustees with respect to going concem ar8 described in the
relevant sections of this report. We also draw attention to the disdosure in note 1.2 regarding going concem. Our
opinion is not modified in this respecL
Other Inforniation
The Twstees are responsible for the other infonnation. The other information ¢omprise5 th8 infomiation included in
the annual repor( other than the financial statements and our auditorfs report thereon. Our oplnion on the financial
ststements does not cover the other infonnation and we do not express any fom of assurance conclusion thereon.
In connection wth our audit of the financial statements. crfjr responsibilty is to read the other infonnation and, in
doing so, consider whether the other infonnation is materially inconsistent with the financial statements or our
knowledge obtained in the audit or otherwise appears to be materially misstatsd. If we identfy such materlal
Inconsistenries or apparent material misststements. we are r￿UIred to detemine whether there Is a material
misstatement In the financial ststements or a material misstatement of the other infomiation. If. based on the work
we have perfonned, we ¢ondude that there is a materlal misstatement of this other infonnatlon, we are requlred to
report that facL
We have nothing to report in this regard.
10-

ABSOLUTELY TOGETHER
INDEPENDENT AUDrroR'S REPORT (CONTINUED)
TO THE TRUSTEES OF ABSOLUTELY TOGEfHER
Opinions on other matters prescribed by the Companiès Act 2006
In our opinion. based on the work undertaken in the of the audit.
th8 infonnation given in the trustees. report. which indudès Ihe directOf5' report prepared for the purposes
of company law. for the financlal year for whlch the flnanGlal 51al¥ments ore pteparedls Gonsistont wlth the
financial ststem8nts.' and
the directors, report induded withln the trustees. report has been prepared in accordance wllh applicable
legal requirements
Matters on whlch we are requlred to roport by exceptlon
In the light of the knowledge and understanding ofthe charitable company and its environment obtained in thè course
of lh8 audit. we have not identified matsrial misstatements in the directors. report induded within the trustses, report.
We hav8 nothing to report in respect of the following matters in relation to which the Companies Act 2006 requlros
us to report to you rf, in our opinion:
adequate accounting records have not been kept or relums adequate for our audit have not been received
from branches rK)t visited by us: or
the financial statements are not in agreement with the accounting records and retums., or
certain disdosures of trustees, remuneration speafied by law are not made: or
we have not received all the infomiation and explanations we require for our audit" or
the Trustees were not entitled to prepare the finanaal slatements in accordance with th8 srnall companies.
regime and take advantsge of the small companies. exemptions in preparing the directors. report and from the
requirement to prepare a stratsgiG reporL
Responslbllltles of Trustees
As explained more fully in the statement of Trustees responsibilities. the Trustees, who are also the directors of the
Charitable Company for the Purpose of company law. are responsible for the preparation of the financial statements
and for being satisfied that they give a true and fair vtew. and for such intemal control as the Trustees determine is
necessary to enable the preparation of finanaal statements that are free from material misstatemenL whether due to
fraud or error.
In preparing the financial statements. the Tntstees are re¥thslble for assessing the Group's and parent Charitsble
Company's ability to continue as a going concem. disdosing. as applicable. matters related to going concem and
using the going conGem basis of accounting unless the Trusteès either intend to liquidate the Group and parent
charitable company or to cease operations. or have no realistic altemative but to do so.
Auditors rosponslbllltles for tho audlt of the financlal statsmonts
Our obj8clives are to obtain reasonable assurance about vhlether the financial ststem8nts as a whole are tr88 from
material misststement. whether due to fraud or errw. and to issue an auditorfs report that includes our opinion.
Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance
with ISAS (UK) wlll always detect a materlal misststsment vthen it exists. Misstatements can arise from fraud or error
and ar8 considered material rf. individually or in the aggregate, they could reasonably be expe¢ted to infiuence the
economic decisions of users tsken on the basis of these financ￿1 statements.
A further description of our responsibiltties for the audit of the financial statements is located on the Financial
Reporting Council's website at: httpJhY*M.froorg.uklauditorsresponsibililies. This description fomis part of our
auditoffs reporL
Extent to whlch the audlt was consld•red capable of detectlng Irregularltles, Includlng fraud
Irregularities, indudlng fraud. are instances of norrfompliance with laws and regulations. We design procedures In
line with our responsibiltties, outlined above and on the Financial R6POrtin9 Council's website, to deteGt material
misstatements in respect of irregularities. induding fraud.
11

ABSOLUTELY TOGETHER
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF ABSOLUTELY LEISURE
We obtain and update our understsnding of the entity. ts activitses. its control environmenL and likely future
developments. induding in relation to the legal and regulatory framework applicable and how the entity is complying
with that framework. Based on thts understanding. we identify and a5SeSS the risks of material mi55tatement of th8
fjnancial statements. whether due to fraud or error. design and ￿rforrn audit procedures responslve to those risks.
ana otizain audii evl¢Jen¢e thal Is suffiGient and appwpriole io provide a basis for our opinion. Thig includcs
consid8ration of the risk of acts by the entity that were contrary to applicable laws and regulations, includlng fraud.
In response to the risk of irregulartlies and norFcompliance with laws and regulations. induding fraud. we designed
proGedures which included:
Enquiry of management and those ¢har9ed with governance around actual and potential litigation and
daims as wdl as actual. suspethd and alleged fraud"
Reviewing minutes of meetings of those charged with govemance:
Assessing the extent of compliance with the laws and regulations considered to hav8 a direct material
effect on the ffinancial ststements or the operations of the company through enquiry and inspection
Reviewing financial slatement disdosures and testing to supporting documentation to assess
compliance with applrcable laws and regulations.
Performing audit work over the risk of management override of controls. including testing ofjoumal
entries and other adjustments for appripriateness. evaluating the business rationale of signifficant
transactions outside the nomial course of business and revieing accounting estimates for bias.
Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities. including those
lèadino to a material mi&8tatement in the financial ststements or nonrycompliance with regulation. This risk increases
the more that compliance with a law or regulation is removed from the events and transactions reflected in the
financial statements, as we will be less likely to become aware of instances of non-compliance. The risk of not
detecting a malerial misstatement arising frotn fraud is also higher than for one resulting from error. as fraud may
involve collusion, forgery. intentional omissions. misrepresentations. or the override of intemal control.
Use of our report
This ￿port Is made soleEy to Ihe charitsble coMpan￿S members, as a body. in accordance with Chapter 3 of Part
16 of the Companies Act 2006 and to the charitable Company s mern￿rs in accordance with Part 4 of the Charities
{Accounts and Reports) Regulations 2008 Our audit work has been undertaken so that we might state to the
charitable companvs members and its trustses those matters we are required to state to them in an auditorfs report
and for no other purpose. To the fullest extent pennttted by law, we do not accept or assume responsibility to
anyone other than the tharitable company and the charitable company's member5 as a body and the charitable
company's trustees as a body. for our audit work. for this reporL or for the opinions VR have formed.
Paul Creasey (Senlor Statutory Auditor)
for and on behalf of Azets Audlt Sorvico$
Chartorod Accountants
Statutory Audltor
Gladstone House
7T179 High Street
Egham
Surrey
TW20 9HY
12-

ABSOLUTELY TOGETHER
CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2024
Defined
Benefft
Pension
Unrestricted
Funds
Unrestricted
funds
Restricted
funds
Total
2024
Total
2023
Income from:
Other trading activities
Commercial tradin9
Donations and grants
Value of net assets acquired in
DST
Charltable actiwties
Leisure incomé
Funding income
Other inc(Ime
799.700
26.806
799.700
26.806
445.485
44.899
2,069,045
5.738.087
55.440
57.414
5,738.087
55.440
57h14
4.688.756
57.040
Total income
6,677.447
6.677,447
7,305.225
Gome fiviii A T 8Gb￿tieS
Value of assets acquir8d on
onsolidation
6,677.447
6,677,447
5.236,18
2.069,04
Total income
6.677.447
6.677.447
7,305.22
Expendlture from:
Other expenditure
Commercial trading
Charitable adivitiès
Operation of leisure and
recreation sites
295.623
295.623
118.695
6,090,231
130.000
241,414
6A61,645
5.572,453
Total expenditure
6,385,854
130.000
241.414
6.757.268
5.691.148
Net exp8ndlturo for the yearl
Net incomlng resour¢es
291.593
(130.000)
(241.414)
(79.821)
1.614.079
et incoming/(outgoing)
sources from A TaGtiwties
Value of assets acqulrnd on
con801idation
et Incomlnty{outgolng)
291.593
(130.000)
(241.414)
179,821)
(454.966
2.069,04
291.593
(130.000)
{241,414)
179.821)
1.614.07
Other recognlmd galns and
losses
Actuarial gain on defined
ben8fit pension schèmes
126.000
126,000
1.065,000
Net movoment In funds
291.593
(4,IXKI)
{241,414)
46.179
2.679.079
13-

ABSOLUTELY TOGETHER
CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED)
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2024
Fund balances at 1 April 2023
21
{857.343)
2.011.785
1,176842 (1.502,637)
Fund balances at 31 Ma￿h
2024
21
(565.750)
18.000
1.770.371
1.222,621 (1,176,442)
All amounts derive from continuing activities.
All gains and losses for the year are induded in the statement of financial activities.
14-

ABSOLUTELY TOGETHER
CONSOLIDATED BALANCE SHEET
ASAT31 MARCH 2024
2024
2023
Flxed assets
Tangible assets
11
4.124,343
4,638.252
Currnnt assets
Stocks
Debtors
Cash at bank and in hand
13
14
23.764
507,751
137,886
22.718
355.237
214,025
669.401
591.980
Credltors: amounts falllng due within
one yoar
17
{1.734,844)
(1.771,799)
Net current liabilities
(1,065.443)
{1.179,819)
Total ass•ts ¢urr•nt Ilabllltlos
3.058,900
3.458.433
Creditors: amounts falling due after
morè than on• y￿r
18
(1.574.746)
(1.872.424)
Provi$lon for Ilabilities
20
{279.533)
(431,567)
Net (liabllltlos)lassets èxcluding
ponslon Ilabillty
1.204,621
1,154.442
Defined benefit penslon
surplusl{deficlt)
18.IXIO
22.000
Net assetsl(liabilities)
1.222,621
1.176,442
In¢omè funds
Unrestrided funds:
General unrestricted funds
Pension reserve
Designated fund- revenue reserve
XC Repalrs fund
Restricted funds
(843.013)
18,000
208.500
68.761
1.770,373
(1,128.604)
22,000
208.500
62.761
2,011,785
1.222.621
1,176.442
1,222.621
1,176.442
These financial statements have been prepared in accordance with the provisions appllcable to companies subject
to the small companies regime.
e financial
were approved by the Trustees on ..
Gillan
sto8
15-

ABSOLUTELY TOGETHER
COMPANY BALANCE SHEET
AS A T31 MARCH 2024
2024
2023
Flxed assets
Investments
12
Currnnt as80ts
Debtors
14
110.752
190,752
110.752
190.752
Crgditors: amounts falllng du• wlthln
ono year
17
(1)
(1)
Net current assets
110.751
190,751
Total assèts less current liabilities
110,752
190,752
Net assets
110.752
190.752
Income funds
Unrestricted funds
110,752
190.752
110.752
190.752
As pemiitted by S408 Companies Act 2006. the company has not presented it own profit and loss account and related
notes as it prepares Group aGrnunts. The charitsble companls loss for the year was £80,000 (2023: £58,000).
The financial stateme
re approved by the Tnjstees on ..
O Vtcl-
H Gillan
Chalr
16-

ABSOLUTELY TOGETHER
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2024
2024
2023
Nates
Cash flows from operatlng actlvltles
Cash generated from operations
Cash acquired from DST
Interest paid
Net cash generated by 0￿ratIng
activities
331.248
2,536,175
312,885
{64.138)
{60.397)
270.851
2.784,922
Investlng actmtlos
Purchase of tangible fixed assets
Tangib18 fLxed assets acquired from DST
(100.885)
(55.218)
(2.920.056)
Net Cash used In Investing actlvlllos
(100.885)
(2.975.274)
Financing activities
Bank loans acquired from DST
Finance leases acquired from DST
Repayment of borrowings
Repayment of bank loans
Payment of obligations under finance leases
321.633
8.791
(19,247)
(211,893)
(66,918)
65,276
<8.625)
(255.012}
(47.744)
Net cash (used Invgenerated from
flnancing activltles
(246.105)
32.366
Net {decreaseylncrease In cash and Cash
oqulvalents
(76.139)
(157,986)
Cash and cash equivalents at beginning of year
214.025
372,011
Cash and cash oquivalonts at •nd of yoar
137.886
214.025
Rolatlng to:
Cash at bank and in hand
Bank overdrafts induded in (¥ediiors
payable within one year
137,886
214.025
17-

ABSOLUTELY TOGETHER
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
A￿luntIng policies
Charlty Inforn)ation
Absolutely Together is 8 private company lirnited by guarantee incorporated In EnglarKI and Wales. The
registered office is The Arena. Stafferton Way. Maidenhead. Berkshire. SL6 1AY.
The Group consists ofAbsolutely Tog8ther. Absolutety Leisure, Dacorum Sports Trust and Absolutsly Together
Trading Limited.
1.1 Accounting Convèntlon
The financial statements have been prepared in accordance with the Companies Ad 2006 and 'A￿unting
and Reporting by Charities: Statèment of Recommended Practice applicable to charities preparing their
accounts in accordanr£ with the Financial Reporting Standard applirAble in the UK and R6publiG of Ireland
(FRS 102) (effedive 1 January 2019)". The Charitable Company is a Public Benefft Entity as defined by FRS
102.
Absolutely Together meets the definition under FRS 102 of a public benefit entity.
The finanaal statements are prepared in sterfing. which is the fijnctional currency of the Charitable Company.
Monetary amounts in these financial statements are rounded to the nearest £.
The finanGial statements have been prepared undcr thc historical ¢ost convèntion. Thg principal •ccounting
policies adopted are set out below.
Reduced Dlsclosures
In accordance with FRS 102. the Charitable Company has taken advantage of the exemptions from the
following disdosure requirements:
Section 7 'Statement of Cash Flows. _ Presentation of a Statement of Cash Flow and related n¢)tes
and disclosures:
Section 11 'Basic Financial Instruments. & Section 12 '0ther Financial Instrument Issues. _ Carrylng
amounts. interest incomel8xp8nse and netgainsllosses for each rategory offinancial instrument. basis
for detennining fair values.
The financial statements of the Charitable Company are consolidaled in the financial statement of Absolutely
Togethar. The g)nsolidated financial statements of Absolutety Together are available from its registsred office.
The Arena. Stafferton Way. Maidenhead. Berkshire, SL6 1AY.
1.2 Golng concern
At the time of approving the financial statements and based on the 2025126 forecasts. the Trustees
have a reasonable expectation that the Group has adequate resources to continue in operational
existence for the foreseeable future. Thus the Trustees continue to adopt the going concem basis of
accountino in preparino the financial statements.
18-

ABSOLUTELY TOGETHER
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies
1.3 Group Flnancial Statemonts
The financial statements consolidate the results of the Charitabl8 Company and its wholly owned subsidiafi8S
Absolutely Leisure arKI Absolulety Together Trading Limited on a line by line basis. All financial statements
are made up to 31 March 2024. All intra Group trdnsacticKts and balance5 betW8en Group companies are
eliminated consolidation.
The 2024 accounts also include Dacorum Sports Trust which was acquired into the Group from 01 October
2022. therefore the 2023 accounts are not comparative.
A separate Ststernent of Financial Acfivities and In￿rne and Expenditure accounts is not presented for the
Charitable Company itself in a￿rdance wilh the exemptions afforded by section 408 of the Companies Act
2006.
1.4 CharEtsblè funds
Unrestricted funds can be used in accordance with the charitable objectives at the disctstion of the TTUStees
Restricted fvnds can only be us8d for particular rnstricted purposes within the objects of the Group. Restrictions
arise when specified by the donor or when Ihe funds are raised for particular restricted purposes.
1.5 Income
l income induded in the Statsment of Finan(xal Acliviknes is recognised when it is18gally entitlèd to the Income
and the amount can be quantified with reasonable acwracy. Certain income is received in advance of the
provision of the relevant seplice and as such 15 deferred until the seNice commences. Income for annual
memberships is accounted for over the membership year.
Income from leisure activities are recognised as the rdated goods and semces are provided.
Income from government and other grants are recognised at fair value when the charity has entitlement after
any perfomiance conditions have been met. it is probable that the income will be received and the amount can
be measured reliably. If entilement is not met then these amounts are deferred.
Management fees are unrestrided income which ts available for use at the discretion of the Trustees in
furtherance of the general (￿JeCtiVeS of the Group.
Government grants are recognised at the fair value oftho asset received or receivablg *then there is reasonable
assurance that the grant conditions wlll be met and Ihe grants will be received.
1.6 Eyndfturo
Expenditure is accounted for on an accruals basis and has been dassified under headings that aggregate all
costs related to the category. Where costs cannot be directly attributed to parti￿lar headings they have been
allocated to aclivities on a basis o)nsistent with the use of resources.
1.7 Allocatlon and apportlonmont of costs
Charitable acllvlties are those costs incuffed directy in the caffying out of the charTtable activities and are spllt
into recreation and leisur6 site costs. Ythith are those costs incurred dIre￿Y in the running of each of the sites,
and support Costs which are those costs incurred direcuy in support of expenditure on the objects of the Group.
Govemance costs are those incurred in the undertakings of the Group's ¢onstitutional and 5tstutory
requirements.
19-

ABSOLUTELY TOGETHER
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies
1.8 Tanglble fixed assets
Tangible fixed assets are initially measured at ¢ost and subsequently measured at Cost or valuation. net of
depreciation and any impaimient losses.
Depreciation is recognised so as to wrike off the cost orvalualton of assets less their residual values over their
useful lives on the following bases:
Leasehold property
Improvements to property
Plant and machinery
Fixbjres and fittings
IT expenditure and softwa
Gym equipment
straight line over 20- 25 years
straight line over 10 years or over the lrfe of the lease
straight line over 3 to 15 years or over the life of the Sease
straight line over 5 years
straight line over 3 years
straight line over 5 years
The gain or loss arising on the disposal of an assel is determined as the difference between the sa18 proceeds
and thè carying value of the asset. arKI is recognised in net incomel{experHditure) for the year.
1.9 Impalmient of flxed assets
At éach reporting year end date. the Group reviews the carrying amounts of its tangible assets to detemine
wheth6r there is any indiotion that Ihose assets have suffered an impainnent loss. In any such indication
8xists. the recoverable amounts of the asset is estimated in order to detemine the extent of the impairment
loss (rf any). Where Ét is not possible to estimate the recoverable amount of an individual asset, the Group
estimates the recoverable amount of the cash-generating unit to which the asset belongs.
1.10 Fixed assèt Investments
In the individual ac￿Unts of the Group. inlerests in subsidiaries are measured at costs18ss any a¢cumulated
Impainnent losses.
Interests in subsidiaries are assessed for impainnent at each reporting date. Any impaim8nt losses or reversals
of impaiment losses are recognised immediately in the Statement of Financial Adivities.
1.11 Stocks
stocks are valued at the lower of cost and net realisable value. ￿ a fir5t4n-ffirst-OUt basis. after making due
allowance for obsolete and slow moving items.
1.12 Cash and ¢ash equlvalents
Cash and cash equivalents include cash in harKI. deposits held at call vrith banks, other short-temi liquid
Investments with orlglnal malufities of Ihree months or less.
-20-

ABSOLUTELY TOGETHER
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accountlng policies
1.13 Flnanclal Instruments
The Group has elected to apply the provlsions of Section 11 'Basic Financial Instruments. and Section 12'0ther
Financial Instruments Issues. of FRS 102 to all of its financial instruments.
Financial assets and liabilities are recognised when the Group becomes a paty to the contractud provisions
of the instrument. and are offset only when the Group ￿rrentlY has a legally enforceable right to set off the
recognised amounts and tends either to settle on a net basis, or to realis8 the asset and settle the liability
simultaneously.
Flnanclal assets
Basic ffinancial assets. which include trade and other r￿1VableS and cash and bank balances. are initially
MeaSu￿d al transaclion pri(* including transaclion costs and are subsequendy carried at amortised cost using
the effective interest method. unless the arrarvJemenl constitutes a financing transaction, where th8 transaction
Is measured at the present value of the future receipts discounted at a market rate of interest.
Financial liabilities
Basic financial liabilit'es are inrtially measured at transaclion price, unloss the arrangement constitutes a
financing transaction. where the debt instrument is measured at the present value of the future receipts
discounted at a market rate of interesL Other financial liabilities dassified as fair value through profit or loss ar8
measured at fair value.
1.14 Employee benefits
Temiination benefits are re￿gnised Immediate￿ as an expense when the Group is demonstrably wmmitted
to terminate the employment of an employee or to provide tennination benefits.
1.15 Rotlromont benellts
The Group operates a defined contribution pension scheme. Contribulions payable to the Group's pension
scheme are tharaed to the Ststement of Financial Activities in Ihe period to which they rélate.
The Group has also assumed responsibilty for a pensi(x) scheme providirKJ benefits base on final pensionable
pay. Contributions to the defined benefrt scherne are char9ed to income and expenditure in order to allocation
the cost of providing the pensions recognising any actuarial gain or loss (where appropriate). over the working
lives of the relevant employees as assessed in accordan￿ with the advice of a professional qualtfied actuary.
The LGPS is a funded multi-employer scheme and th8 assets are held separately from those of the Charitable
Company in separate Trustee administered funds. Penston scheme assets are measured at fair value and
liabilities are measured on an actuarial basis using the projected unit credit method and discounted at a rate
oquivalent to tho ￿rrent fate of return on a high quality corporate bond of equivalent temi and currency lo the
Ilabilities. The actuarial valuations are obtained at least triennialty and are updated at each balance sheet dats.
The amounts charged to operating surplus are the current service costs and the Ix>sts of scheme introduction.
benefit charges. setuements and curtailments. They are induded as part of staff costs as incurred. Net intarest
on the n8t defined benefit liabiltylasset is also defined benefft obligation and interest income on the scheme
assets. calculated by multiptying the fair value of the scheme as56ts at the beginning of the perfod by the rate
used to discount the benefit obligations. The difference between the interest income on the scherne assets and
the actual retum on the scheme assets is recognised in other re¢ognised gains and losses.
Under section 28 (Dèfined Benefit Pension) of FRS102. the net surplus of the Group's pension scheme has
been induded in the Financaal Statsments and the reserves have therefore been incxeased by the pension
surplus creating net assets of £1.222,621 (2023.. assets of £1.176,442) at the y8ar end. Thè Trustees are
satisffied that the Group will be able to rneel all of its obligations as and wh8n Ihey fall du8.
The Group also operates a defined contribution pension scheme. Contributions payable to this pension scheme
are charged to the Ststement of Financial Activities In the period to which they relate. The assets of this scheme
ar6 held separatèly from those of the Group In an independenlly administered scheme.
21-

ABSOLUTELY TOGETHER
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accounting pollcles
1.16 Leases
Assets obt8in8d under hire purthase contracts arKI finance leases are capitalised as tangible fixed assets and
depreciated over the shorter of the lease tem and their useful lives. Obligations under such agreements are
included in creditors net of the ffinance tharge allocated lo future periods. The finance element of the rental
payment is charged to income and expenditure so as to produce a constsnt periodic rate of charge of thè net
obligation outstanding in each period.
Renlals payable underoperating leases are charged as an expense on a straight line basis overthe lease temi.
1.17 Irrecovorablo VAT
VAT on revenue expenditure which can not be recovered bs charged as a separate cost to the Statement of
Financial Aclivities. VAT on capital expenditure whi(* can not be recovered ss capitalised as part ofthe cost of
acquiring the relevant asseL
Crltlcal accountlng estlmates and Judgements
In the application of the Group's accounting policles. the Trustees is required to make judgements, estimates
and assumptions about the carying amount of assets arKI liabilities that are not readily apparent from other
sources. The estimates and associated assumptions are based on historÉcal experience and other factors that
are ¢onsidored to be rglovanl. Adual results may drffor from these 8StFmat•s.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting
estimates are recognised in the period in which the estimate is revised where the revision affects onty that
period. or in Ihe period of the revision and future periods where the revision affects both current and future
periods.
Crltlcal Judg•monts
Leases
In categorising leases as finance leases or operating leases. management makes judgements as to whether
Significant rlsks and rewards of ownership have transferred to the Group as lessee.
Key sources of estimation uncortainty
Carrylng valuo of ass•ts and Ilabllltlos
The Group makes estimates and assumplions concemir¥J the future. Thè resulting accounting estimates and
assumptions will. by dèfinition. seldom equal the related actual results. The èstlmates and assumptions that
have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within
the next financial year.
The prèsent value of th8 Local Govemment Pension s￿￿Me defined benefft liabllity dep8nds on a number of
factors that ar8 detem)ined on an acbjarial basis using a variety of assumptions. The assumptions used in
determining the net cost or income for pensions indude the discount rate. Any ¢hanges in these assumptlons,
which are disdosed in note 22 will impact the C•anying amount of the pension asseV(liability).

ABSOLUTELY TOGETHER
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
3 Incomel(expendlture) from other tradlng actlvhl
A summary of the trading results of the whotty owned subsidiary Absolutety Together Trading Limited Is
shown below:
2024
2023
Tumover and other operating income
Cost of sales and administration Costs
other operating income
799,700
445.485
(295.623) (118.695)
8,000
6,700
512.077
333,490
4 Result of Parnnt Entlty
The parent company has taken the exempkn'on under section 408 of the Companies Act 2006 not to present its
income and expenditure accounts as apart of these financial statemènts. The parent entity's total income for
the year was £Nil (2023: £Nil) and their deficit for the finanGial years before atharial gainsllosses under defined
benefit scheme was £80.000 (2023: £58.000).
5 Donallons
2024
2023
Other donations
Govemment grants
Value of net assets acquired in DST
26,806
35.899
9.000
2,069.045
26806 2113944
The income from donations of £26,806 (2023: £44.899) was unrestrict8d. There was no grant from the local
authority in the year (2023: £9.000). The gift in kn'nd in prior year rdates to the acquisition of Dacorum Sports
Twsl on 01 Odober 2022.
Charilablo ac1fv5ties
L•lsuv• M•n•gwn•rt
Lel¥ur• Managwn•nl
Total
2023
2024
2024
2023
2023
Charitable activities
5.738.087
55.440 5,793,527 4,688,756
57,040 4,745.796
All Income rec£ived by the Group is derfved from the Unlled Kingdom.
The income from charitable activities of £5,793,527 {2023: £4,745,796) was all unrestricted.
-24-

ABSOLUTELY TOGETHER
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Charltable actlvit
Dlrect Costs
SuP￿rt
Total Dlroct Costs
Support
Total
2024
2024
2024
2023
2023
2023
Staff wsts
Depreciation
Overheads
Lease Charges
Olher Loan Interest
Bank Charges
L￿al and Professional
Defined Ben8fft Pension
Costs
Consultancy
2.446.005
2.446.005
614.796
614.796
76.714 3.057,942 3.134.656
214
214
13.253
13.253
46.929
46.929
27.208
27,208
2.211.758
2,211.758
441.585
441.585
89.362 2.515.340 2.604.702
1.966
1.966
11.241
11.241
50,931
50.931
49.933
49.933
130.1100
12,284
130,000
12,284
143.000
20.087
143.000
20.087
Governance costs
Auditors Remuneration
36.300
36.300
37.250
37.250
2,522.719 3,938.928 6.461.645
2.301,120 3.271.333 5.572.453
The expendFture on charitable actsvities of £6.220.231 (2023: £5.451.746) was from unrestricted funds and
£241.41412023: £120.707) was restricted.
All support costs relatè to the sole charitsble activity of the Group. being the provision of leisure, recreation and
well being services.
Trustees
Trustees only receive remuneration in respect of services they Kmvide Underta￿ng the roles of staff and not in
respect of their ser¥llces as Trustees. These payments are in accordance with a provision in the goveming
document of th8 Charitable Company. The value of Trustee's remuneration was a5 follows:
B R Doe ￿rUStee). £56.391 (2023.. £56.808) and Incurred pension contributiorts of £8.233 {2023: £6,437).
The number of board members to whom retirement benefits were accruing was 1 (2023: 1).
No Trustees. expenses were incurred in the ¢urrent or prior year.
-24-

ABSOLUTELY TOGETHER
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Employees
Number of employees
Th8 avÉrage monthly numbèr of employees during the year was:
2024
Numbor
2023
Numbèr
Leisure acliviknes
150
126
Employment costs
2024
2023
Wagès and salaries
Social security costs
Other pension costs
2,186,234
150.109
93.912
2,014.545
121.693
75.520
2 430,255
2.211.758
Thg nurnber of employees whose annual remuneration wag £60,000 or more wero:
2024
Number
2023
Number
£90.001- £100.000
Th8 remuneration of key management personnel is £123.964 (2023: £153.444).
10 Taxation
No liability to UK corporation tsx an)se on ordinary aclivities for Ihe year ended 31 March 2024 or the year
ended 31 March 2023.

ooa)
Eèwa)00
mry
(TJ 40
t￿(0*
V4
i 0> t4

ABSOLUTELY TOGETHER
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
12 Fixèd asset investments
Company
Sharns In
group
ndortaklngs
Cost
At 1 Aoril 2023 and 31 March 2024
Carrylng amount
At 31 March 2024
In the opinion of Ihe Trustees. the aggregate value of the Charttable Companrfs investment in subsidiary
urKlertakings is r￿t less than the amount indicated in Ihe Balance SheeL
Holdlngs of morn than 20%
The Charitable Company holds more than 20% of the share rAixtal in the following companies
Company
Roglstered oflke
Class
Sharos held
SubsldEary undortaklnos
Absolutely Leisure
Absolutely Together Trading
Dacowm Sports Trust
Dlrèct Indlrect
100.00
100.00
100.00
Limited by guarantee
Ordinary
Limited by guarantee
a) The Arena, Stafferton Way, Matdenhead, Berkshire. SL6 1AY
The principal activty of these undertakings for the last relevant financial year was as follows:
Prfnclpal ￿tI¥lty
Provision of health. fitness and leisure services
Provision of catering and leisure serrfices
Absolutely Lèisure
Absolutely Together Trading
Limited
Dacorum Sports Trust
Provision ol health. fjtness and leisure services
aggregate amount of capital and reserves and results of these undertakings for the last relevant
financial year were as foll0v￿.
2024
In¢om• for Expendlturo Surplus for
tho year for the year
the year
Aggregate
funds
Absolutely Lelsure
Company Number. 06822082
Charity Reglstration Number. 1131013
4283.375 4284.070
125.305
(683,827)

ABSOLUTELY TOGETHER
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
12 Flxed asset Investmonts {continued)
Turnover for ExpendiiureProfit for the
tho yw for tha yoar
yoar
Capital and
r•serv85
Absolutely Together Trading Limited
Company Number. 07375879
807.700
295.623
512.077
Tumover for Expendlture Deficlt for Capllal and
the year for tho year
the year
roserves
Dacorum Sports Trust
Company Number. 04868497
Chaiity Registration Number. 1103980
2.298.449 2,297.571
878
1,795.696
13 Stocks
Group
Company
2024
2023
2024
2023
Finished goods and goods for resale
23.764
22.718
23,764
22.718
14 Debtors
Group
Company
2024
2023
2024
2023
Trade debtors
Amounts owed by grwp undertakings
Other debtors
Prepayments and accrued inwme
36.970
7.758
144.610
326,171
153.649
193.830
110,752
190.752
507,751
355,237
110,752
190,752

ABSOLUTELY TOGETHER
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
15 Loans and ovordrafts
Group
Company
2024
2023
2024
2023
Bank loans
other loans
1,613.677
1,868.689
8,625
1.613.677
1.877.314
Payable wlthin one year
Payable after one year
255.723
1,357.954
261.596
1,615.718
Amounts induded above which fa]1 due after fNe y
Group
Company
2024
2023
2024
2023
Payable by instalmerts
907.875
950.518
The finance lease liabilities of £52.690 {2023: £47.744) of which fall due in less than one year. with £55.125
(2023.. £42.539) falling due in more than rne year. are secured over the assets which fom part of the finance
lease agre8ments.
The bank loans of £255.723 {2023.' £252.971) within (x)e year and £1,357.954 {2023.' £1.615,718) after one year
are secured by way of a fixed and floating charge. in favour of National Westrninster Bank Plc. Bank of Scotland
Pl¢ and The c￿operative Bank PIG. over the assets of the Charitable Companies.
The loans of £Nil (2023: £8,625) within one year and £Nil (2023: £Nil} after one year are secured by way of a
fixed and floating charge. in favour of Asset Advantage Limited and Louise Cox, over the assets of the Group.
16 Flnance lease commllmonts
Future minimum lease payments due under finance leases:
Group
Company
2024
2023
2024
2023
Within one year
Within tsvo and five y6ars
52.690
55.125
47.744
42,539
Payable by instalments
107.815
90.283
-31

ABSOLUTELY TOGETHER
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
17 Credltors: amounts falllng due whhln one year
Group
Company
2024
2023
2024
2023
Bank loans and overdrdfts
Obligations under finance leases
other borrowings
Other taxation and social secunty
Accruals and deferred income
Trade creditors
Amounts owed to fellow group undertakings
Other creditors
15
16
15
255.723
52.690
252.971
47.744
8.625
81,360
719,108
569.313
80,649
668.038
593.267
84,477
92.678
1.734.844
1,771.799
18 Crodltors: amounts falling duo after more than one year
Group
Company
2024
2023
2024
2023
Bank loans and overdrafts
Obligations under finance leases
Other bom)wings
Otrjer creditors
15
16
15
1.357.954
55.125
1,615.718
42,539
161.667
214.167
1,574.746
1,872,424
19 Deferred Incomo
Deferred income relates to advance payments for bl(Kk b(K)knngslevents at the sites that relate to future dates.
Group
Company
2024
2023
2024
2023
Balance brought forward
Amounts released to income
Amounts deferred In the year
308,047
(308.047)
243.555
206,972
(206.972)
308.047
243.555
308.047
-32-

ABSOLUTELY TOGETHER
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
20 Provlsions for liabS1iti
Gmup
Company
2024
2023
2024
2023
Onerou5 contract
279,533
431.567
IAovomonts on provislons
2024
2023
At 1 AprFI 2023
New provisions
Release of provision
431,567
468.517
(36,950)
(152,034)
279.533
431.567
21 Funds
Gr•up
At 1 Aprfl
2023
Income Expendituro Transfèr and At 31 March
other galns
2024
UNRESTRIGTED FUNDS
General fund
Pension fund
R & R Fund (XC)
Deslgnated fund- revenue
reserve
(1.128,604)
22,000
62,761
6,817,895 (6,534,302)
247,000
{377,000)
(845,011)
18.000
68.761
126.000
208.500
208.500
RESTRICTED FUNDS
Restricted income fund
2.011.785
(241,414)
1.770.371
TOTAL FUNDS
1,176.442
7,070.895 (7.152,716)
126.000
1.220,621
Company
At 1 Aprfl
2023
Income Exp•nditurn Transfor and At 31 March
other galns
2024
UNRESTRICTED FUNDS
General fund
190.752
(80.000)
110.752
TOTAL FUNDS
190.752
{80,000>
110,752

ABSOLUTELY TOGETHER
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
21 Funds (conllnued)
Group
At 1 Aprfl
2022
Inconio Expndlturo Transfor and At 31 March
other gains
2023
UNRESTRICTED FUNDS
General fund
Pension fund
R & R Fund (XC)
Designated fvnd- revenue
reserve
{602.635)
{900.0(KJ)
3.548,472 (4.074.441 }
1.353,000 {1.496.000)
62.761
{1.128.604)
22,000
62.761
1,065.1)00
208.500
208.500
RESTRICTED FUNDS
Restricted income fund
2,132,492
(120,707)
2,011.785
TOTAL FUNDS
(1.502,635)
7.305.225 (5.691.148)
1.065.000
1.176,442
Company
At 1 Awil
2022
In￿rne Expondltur• Transfor and At 31 March
other galns
2023
UNRESTRICTED FUNDS
General fund
248.752
{58.000)
190.752
TOTAL FUNDS
248.752
(58.000)
190.752
22 Retlrnment bonefft schemos
Deflned contrlbutlon schomes
The contributions payable during the yèar amounted to £40,000 (2023: £30.022). At 31 March 2024 there was
£3.171 (2023: £2,413) owing to th8 scheme and this is included within 0th8rcreditors. The pension contributiork
and liability is all allocated from unrestricted lunds which is the only fund basis of Ihe Charity.
Dèfined benefit schemes
Key assumptions
2024
2023
Discount rate
Expected rate of in¢rease of pensions in payment
Expected rate of salary increases
4.95
4.80
2.90
Mortalty assumptions
The assumed lrfe expectatirms on retirement at age 65 are:
2024
Years
2023
Years
Reliring today
- Males
- Females
20.8
23.6
21.1
23.9
Retiring in 20 years
- Males
- Females
22.0
25.0
22.3
25.3

ABSOLUTELY TOGETHER
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
22 Retirement benèfft schemes (continued)
Amounts recognised in the profit and loss accounl:
2024
2023
Current service cost
Net interest on defined benefit liabiltyl(asset)
Other costs and income
61.000
(3,000)
1.000
164.000
23.000
1.000
Totai costs
59.000
188.000
Amounts taken to other comprehensive income:
2024
2023
Actual relum on scheme assets
Less.. calculated interest element
(127.000)
69.000
165.000
39.000
Retuin On 5Ghetri¢ assets exdudin9 interesl income
Actuarial changes related to obligations
Effects of changes in the amount of SUTP]us that is not recoverable
(58,000)
204,000
{68.000) {1.269,000)
123,000
The amounts induded in the balance sheet arising from obligations in respect of defined benefrt plans are as
2024
2023
Present value of defined benefit obligalions
Fair value of plan assets
1,452.000
1.371.000
(1.593.000) (1.393.000)
{141.000)
123.¢)00
(22.000)
Impact of asset ceiling
Sufplus in scheme
(18.000)
{22.000)
Movements In Ihe present value of defined benefft obl￿all0￿S.
2024
Liabilities al 1 April 2023
Current service cosl
Benefits paid
Conlributions from scheme members
Actuarial gains and losses
Interest cost
1,371.000
61,000
(8,000)
30,000
(68,000)
66.000
At 31 March 2024
1.452.000

ABSOLUTELY TOGETHER
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Retirement benefrt schemes (contlnued)
The defined benefit obligations arise from plans which are wholly or partly funded.
Movements in the falr value of plan assets:
2024
Fair value of assets at 1 April 2023
Interest irtcoma
Retum on plan assets (exduding amounts induded in net interest)
Benefits paid
Contributions by the employer
Contributions by scheme members
other
1.393,000
69.¢XIO
58.000
(8.000)
52.000
30,000
(1,000}
At 31 March 2024
1,593.000
The far value of plan assets at the reportiry peTi(xl end was as follows:
2024
2023
Equty instruments
Debt instruments
Property
Cash
Target ratio portfolio
InfrastTUCture
Longevity Insurance
1.095.000
209.000
145.000
15,000
874,000
202.000
176.000
21.000
200,000
(71,000)
192.000
(72,000)
1.593,000
1.393.000
23 Analysls of n•t assets betw•¢n funds
Gmup
Unrestrlcted Restrlctsd
fvnds
funds
2024
2024
Total
Total
2024
2023
Fund balances at 31 March 2024 are represented by:
Tangible assets
Current assètsl(liabilities)
Long term liabllitiès
Provislons and pensior
2.353,612 1.770.731
(1.065.443)
(1,574.746)
1279.533)
4.124.343 4.638.252
(1.065.443) (1,179.819)
(1.574.746) {1,872,424)
(279.533) {409.567)
{566.110) 1.770.731
1.204.621
1.176,442

ABSOLUTELY TOGETHER
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Anatysis of not assets between funds (continued)
Company
Unrestrlcted Unrestricted
funds
funds
20Z4
2023
Fund balances at 31 Marth 2023 are ￿Presented by:
Investments
Current assetsl(liabilites)
LorKJ tenn liabilities
Provisions and pensions
110.751
190.751
110.752
190.752
24 Op•ratlng lease commltments
At the reporting end date the Charitable Company had outstanding commitments for futurè minimum lease
payments under non-can¢ellable operating leases. whith fall due as follows..
Group
Company
2024
2023
2024
2023
Within one year
Between and fve years
In over five years
745.372
1.747,341
721,982
2.571.588
117,991
2.492,713
3,411.561
25 Controlllng related party
The Trustees consider thè Board of Trustees of Absclulely Together to be th8 ulb'mats controlling party.
26 Llmfted by guarantse
The Charity is a company limited by guarantee and has no share ¢apital. the liability of oach membor In the
event of winding up Is limited to £1.
-37-

ABSOLUTELY TOGETHER
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
27 Financial instruments
The carying value of the Group's financial instruments are as follows:
2024
2023
Financial assets
Debt instrumènts measured at amortised cost:
- Trade debtors
- other debtors
36.970
144.610
181.580
7.752
153.649
161.401
FinanGial liabililies
Measured at amortised cost
- Bank loans and overdrafts
- Trade creditors
- Finance leases
- Other (Yeditors
1,613,677
593,267
107,815
246,144
2,560.903
1.868,689
569,313
90.283
92,678
2.620,963
28 Cash genoratod from oparatlons
2024
2023
Surplus for the year
46,179
2.679,079
Adjustments for.
Depreciation and impairment of tangible fixed assets
Difference bebmeen pension charge and cash contributions
Provisions
Interest paid
614,796
4.000
(152.034)
60,401
441.585
(922,000)
431.567
64.138
Movements in working capitsl:
(Increase) in st¢xks
{Incr6ase)IDecrease In debtors
Increase In creditors
(1,046)
(152,520)
(88.528)
(10,731)
(553.443)
405.980
Cash goneratsd from operatlons
331.248
2.536,175

ABSOLUTELY TOGETHER
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
29 Analysls of chang￿ In net (debt)Ifunds
At 1 Aprll 2023 Calh llo
lo•
At 31 M•r¢h
2024
Cash at bank and in hand
214.025
(76.139)
137.886
214,025
{76,139)
137.886
Loans falling due within one year
Loans falling due after more than one year
ObligaJons under finance leases
(261.596)
(1,615.718)
(90,283)
5.873
257.764
49.983
(255.723)
{1,357.954)
(107,815)
(67,515)
(1,753,572}
237,481
(67,515) (1,583.606)