| Chair | E Holmes | ||
|---|---|---|---|
| Other Trustees | M Johnson | ||
| S Blount | |||
| Charity number | 1152401 | ||
| Company | number | 08361324 | |
| Principal address | 3De Salis Court | ||
| Hampton Lovett |
|||
| Droitwich Spa | |||
| Worcestershire | |||
| WR9 OQE | |||
| Registered | office | 5 Deansway | |
| Worcester | |||
| Worcestershire | |||
| WR1 2JG | |||
| Auditor | Kendall Wadley LLP | ||
| Granta Lodge | |||
| 71 Graham Road |
|||
| Malvern | |||
| Worcestershire | |||
| WR142JS | |||
| Bankers | Santander Corporate |
Banking | |
| 298 Deansgate | |||
| Manchester | |||
| M3 4HH | |||
| Solicitors | Harrison Clarke Rickerbys |
||
| 5 Deansway | |||
| Worcester | |||
| WR1 2JG |
| Page | ||
|---|---|---|
| Trustees' report |
1 -11 | |
| Statement ofTrustees' |
responsibilities | 12 |
| Independent auditor's |
report | 13-15 |
| Statement offinancial | activities | |
| Balance sheet | 17 | |
| Statement ofcash flows |
18 | |
| Notes to the financial | statements | 19-30 |
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | |||
|---|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | |||||
| 2022 | 2022 | 2022 | 2021 | 2021 | 2021 | |||
| Notes | F | |||||||
| Income from: | ||||||||
| Donations and |
||||||||
| legacies | 3 | 3,272,519 | 3,272,519 | |||||
| Charitable activities |
4 | 29,516,481 | 126,890 | 29,643,371 | 17,436,121 | 164,600 | 17,600,721 | |
| Investments | 5 | 1,269 | 1,269 | 977 | 977 | |||
| Total income | 29,517,750 | 126,890 | 29,644,640 | 20,709,617 | 164,600 | 20,874,217 | ||
| Ex enditure on: | ||||||||
| Charitable activities |
29,516,242 | 126,890 | 29,643,132 | 20,612,414 | 170,091 | 20,782,505 | ||
| Net incoming resources | ||||||||
| before transfers | 1,508 | 1,508 | 97,203 | (5,491) | 91,712 | |||
| Gross transfers | ||||||||
| between funds |
12 | (5,491) | 5,491 | |||||
| Net income for | the year/ | |||||||
| Net movement | in funds | 1,508 | 1,508 | 91,712 | 91,712 | |||
| Fund balances at 1 January | ||||||||
| 2022 | 261,080 | 261,080 | 169,368 | 169,368 | ||||
| Fund balances | at 31 | |||||||
| December 2022 | 262,588 | 262,588 | 261,080 | 261,080 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| Notes | ||||||
| Current assets | ||||||
| Stocks | 14 | 196,372 | 180,906 | |||
| Debtors | 15 | 2,987,838 | 1,806,109 | |||
| Cash at bank and in | hand | 744,465 | 2,474,335 | |||
| 3,928,675 | 4,461,350 | |||||
| Creditors: amounts | falling due within | |||||
| one year | (3,666,087) | {4,200,270) | ||||
| Net current assets | 262,588 | 261,080 | ||||
| Income funds | ||||||
| Unrestricted funds |
262,588 | 261,080 | ||||
| 262,588 | 261,080 |
| 2022 | 2021 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Notes | f | E | |||||||
| Cash flows from operating | activities | ||||||||
| Cash (absorbed | by)/generated | from | 20 | ||||||
| operations | (1,731,139) | 1,835,792 | |||||||
| Investing activities |
|||||||||
| Investment income received |
1,269 | 977 | |||||||
| Net cash generated from |
investing | ||||||||
| activities | 1,269 | 977 | |||||||
| Net cash used | in financing | activities | |||||||
| Net (decrease)/increase | in | cash and | cash | ||||||
| equivalents | (1,729,870) | 1,836,769 | |||||||
| Cash and cash | equivalents | at beginning | ofyear | 2,474,335 | 637,566 | ||||
| Cash and cash | equivalents | at end of | year | 744,465 | 2,474,335 |
| Total | Unrestncted | ||||
|---|---|---|---|---|---|
| funds | |||||
| 2022 | 2021 | ||||
| E | |||||
| Donations | and gifts | 1,000 | |||
| Government | Grants | 3,271,519 | |||
| 3,272,519 | |||||
| Grants receivable for core activities | |||||
| Covid Business Support grants | 1,032,146 | ||||
| Job Retention | Scheme, Furlough | Grants Claimed | 2,239,373 | ||
| 3,271,519 |
| Activities for | Grants and | Total | Total | |
|---|---|---|---|---|
| generating | other | 2022 | 2021 | |
| funds | restricted | |||
| funds | ||||
| Swimming Pool and Memberships |
5,317,397 | 5,317,397 | 2,756,437 | |
| Fitness Gym and Memberships | 12,231,594 | 12,231,594 | 6,704,050 | |
| Tennis and Memberships | 18,198 | 18,198 | 6,399 | |
| Wetside Courses incl. classes | 6,745,148 | 6,745,148 | 3,564,156 | |
| Food and Beverage ind. Vending | 966,612 | 966,612 | 260,170 | |
| Goods for Resale | 457,439 | 457,439 | 228,874 | |
| Facilities Hire | 508,054 | 508,054 | 698,885 | |
| Other Indoor Activities | 941,990 | 941,990 | 447,802 | |
| Creche and Holiday Programme | 60,183 | 60,183 | 6,216 | |
| Outdoor Activities | 420,713 | 420,713 | 323,714 | |
| Other Income | 532,977 | 532,977 | 236,640 | |
| Managed Business Fees |
1,316,176 | 1,316,176 | 2,202,778 | |
| Performance Related Grants (see below) |
126,890 | 126,890 | 164,600 | |
| 29,516,481 | 126,890 | 29,643,371 | 17,600,721 | |
| Analysis by fund |
||||
| Unrestricted funds |
29,516,481 | 29,516,481 | ||
| Restricted funds |
126,890 | 126,890 | ||
| 29,516,481 | 126,890 | 29,643,371 | ||
| For the year ended 31 December 2021 | ||||
| Unrestricted funds |
17,436,121 | 17,436,121 | ||
| Restricted funds | 164,600 | 164,600 | ||
| 17,436,121 | 164,600 | 17,600,721 |
| 4 | Charitable activities |
(Continued) | |||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| E | |||||
| Performance related |
grants | ||||
| Health Promotion 05cer | 50,900 | (5,491) | |||
| Cardiff Bay, Economic Resilience | Fund | 122,000 | |||
| Cancer Rehabilitation | 11,042 | 1,302 | |||
| Sharks Swimming | 16,667 | 8,937 | |||
| Holiday Activity and Food programme | 41,748 | 37,392 | |||
| Golden Fund | 460 | ||||
| Weight Management | (North Northamptonshire | ||||
| Council) | 6,533 | ||||
| 126,890 | 164,600 | ||||
| 5 | Investments | ||||
| Unrestricted | Unrestricted | ||||
| funds | funds | ||||
| 2022 | 2021 | ||||
| Interest receivable | 1,269 | 977 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| f | |||||
| Grants | to | sports | clubs | 8,874 | |
| 8,874 |
| 9 | Supportcosts | Supportcosts | ||||||
|---|---|---|---|---|---|---|---|---|
| Support | Governance | 2022Support costs | Governance | 2021 | ||||
| costs | costs | costs | ||||||
| f | f | f | f | f | ||||
| Audit fees | 9,000 | 9,000 | 9,000 | 9,000 | ||||
| 9,000 | 9,000 | 9,000 | 9,000 | |||||
| Analysed | between | |||||||
| Charitable | activities | 9,000 | 9,000 | 9,000 | 9,000 |
| basis the aver | age number is as follows: |
||
|---|---|---|---|
| 2022 | 2021 | ||
| Number | Number | ||
| Administration | and Management | 177 | 262 |
| Operations | 1,078 | 907 | |
| 1,255 | 1,169 | ||
| Employment | costs | 2022f | 2021 |
| Wages and salaries | 13,264,276 | 10,786,437 | |
| Social security | costs | 691,143 | 475,735 |
| Other pension | costs | 259,356 | 320,493 |
| 14,214,775 | 11,582,665 |
| The number of employees whose annual remunerati were: |
on was f60,000 or more |
|
|---|---|---|
| 2022 | 2021 | |
| Number | Number | |
| f60,000-f70,000 | 1 | 1 |
| f80,000-f90,000 | 1 | 1 |
| Stocks | 2022 | 2021 | ||||
| Goods for resale and | equipment | maintenance | 196,372 | 180,906 | ||
| Debtors | ||||||
| Amounts falling due |
within one year: | 2022f | 2021f | |||
| Trade debtors | 484,181 | 388,182 | ||||
| Other debtors | 60,989 | 10,288 | ||||
| Prepayments | and accrued income | 2,442,668 | 1,407,639 | |||
| 2,987,838 | 1,806,109 | |||||
| Creditors: amounts | falling due | within one year | ||||
| Notes | 2022 F. |
2021f | ||||
| Other taxation | and social security | 71,245 | 62,261 | |||
| Deferred income | 17 | 605,812 | 508,526 | |||
| Trade creditors | 1,209,069 | 1,362,002 | ||||
| Other creditors | 375,104 | 421,642 | ||||
| Accruals | 1,404,857 | 1,845,839 | ||||
| 3,666,087 | 4,200,270 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| E | E | ||||
| Arising | from Membership | fees and invoices | in | ||
| advance | 605,812 | 508,526 | |||
| Current | liabilities | 605,812 | 508,526 |
| Movement | Movement | in funds | Movement | in funds | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income | Expenditure | Transfers | Balance at | Income | Expenditure | Balance at | |||
| 1January | 2022 | 31December | |||||||
| 2022 | |||||||||
| f. | f | f | |||||||
| Health | |||||||||
| Promotion | |||||||||
| Officer | (5,491) | 5,491 | 50,900 | (50,900) | |||||
| Swimming | |||||||||
| lessons: | |||||||||
| shark funding | 8,937 | (8,937) | 16,667 | (16,667) | |||||
| Holiday | |||||||||
| Activity and | |||||||||
| Food | |||||||||
| Programme | 37,392 | (37,392) | 41,748 | (41,748) | |||||
| Golden Fund | 460 | (460) | |||||||
| Economic | |||||||||
| Resilience | |||||||||
| Fund - Cardiff | 122,000 | (122,000) | |||||||
| Weight | |||||||||
| Management | |||||||||
| Fund | 6,533 | (6,533) | |||||||
| West | |||||||||
| Berkshire | |||||||||
| Council- | |||||||||
| Cancer rehab | 1,302 | (1,302) | 11,042 | (11,042) | |||||
| 164,600 | (170,091) | 5,491 | 126,890 | (126,890) |