2022-03-31-accounts - 4slc For Stocksbridge Leisure Centre Trust

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CONTENTS				PAGE
Trustees, Secretary and Professional		Advisers
The Trustees'	and Strategic Report			2-7
Independent	Auditors' Report tothe	Members		8-12
Consolidated	Statement ofFinancial	Activities
Consolidated	&Charity Balance Sheet			14
Consolidated	Cash Flow Statements			15-16
Notes to the	Financial Statements			17-36
Detailed Charity Income and Expenditure			Account	37

Registered	Number	Number		08413664
Registered	Charity	Number		1153527
Trading Company		Registration	Number	12965203

DIRECTORS AND TRUSTEES
The Directors of the Charitable	Company		(the Charity)	are its Trustees	for the purpose	of Charity	law and
throughout this report are collectively		referred to asthe		Trustees.
The Trustees serving during the	year	and	since the year	end were as follows:
			Appointed	Resigned
Mrs F Howard			23.08.13
Mr D Pindar			09.12.13
Mr G Silverwood			09.12.13
Mrs 5White			09.12.13
Mrs M Whittingham			09.12.13
Mrs CJCorker			30.07.21	27.10.21
Mr A Clarke			01.09.22
Mr5 Woodcock			06.12.21
			Appointed	Resigned
COMPANY SECRETARY
Ms JJennings			15.12.14
DIRECTORS OF45LCTRADING LIMITED
Mr A Clarke			21.10.20
Mrs F Howard			21.10.20
Mr 0Pindar			21.10.20
Mr 6Silverwood			21.10.20
Mrs 5White			21.10.20
COMPANY SECRETARY
Ms JJennings			21.10.20

YEAR ENDED 31MARCH 2022
		Unrestricted	Restricted	Designated	Total	Total
		Funds	Funds	Funds	2022	2021
	Notes		E	E	E	E
INCOME
Incoming resources from generated
funds:
Donations and legacies		107,946	187,699		295,645	925,809
Other trading income		640,817			640,817	110,906
Trading subsidiary income		181,655			181,655	23,092
Other Income		40326			40326	38050
TOTAL INCOME		970744	187699		158443	7857
EXPENDITURE
Cost ofgenerating funds:
Commercial trading operations	2	161,227			161,227	33,271
Charitable activIties	4	660,419	266,798	3,071	930,288	673,628
Other costs	5	19545	8277		~22	~109
TOTAL EXPENDITURE		841191	~27 075	3071	~1337	718008
NET INCOME/{EXPENDITURE)
FOR THE YEAR BEFORETAXATION
AND TRANSFERS
TAXATION
NET INCOME/(EXPENDITURE)
FOR THE YEAR AFTER TAX BUT
BEFORETRANSFERS		129553	~87376	~3071	39106	379849
TRANSFERS		22 271	~735	23006
NET INCOME/(EXPENDITURE)
FOR THE YEAR AFTER TAX		107282	~88111	19935	39106	379849
RECONCIUATION OF MOVEMENT	23
IN FUNDS
Total fund balance at1April 2021 Closing fund balances at31March 2022		228734 ~	1083388 ~	130065 25am	1442 187 ~	1062338 ~1

ASAT31MARCH 2022
			Group	Group	Charity	Charity
			2022	2021	2022	2021
			E	E	E	E
FIXEDASSETS
Tangible assets		12	1,188,767	1,261,683	1,185,858	1,261,195
Investments		13
			~1	~12 1683	~11 59	~12611
CURRENT ASSETS
Stock		14	11,846	5,562	4,850	4,115
Debtors		15	147,389	45,631	150,252	80,273
Cash at bank and In hand			~28 91	211262	284965	211262
			~447 92	262 455	4~40067	~295 650
CREDITORS AMOUNTS	FALLING
DUE WITHIN ONE YEAR		16	~155400	~81 1	~13937	85071
NET CURRENT ASSETS NET ASSETS			~292 52 ~1293	180504 1442 187	~694 ~	~210 7 1471775
FUNDS OF THE CHARITY
General fund		19	341,276	258,322	341,276	258,322
Non charitable trading Designated funds Restricted funds	funds	2 19 19	(5,260) 150,000 ~9277	(29,588) 130,065 ~10833	150,000 ~7	130,065 ~08
TOTAL CHARITABLE FUNDS

YEAR ENDED 31MARCH 2	022
				2022	2021
				E	E
NIET CASH PROVIDED BY
OPERATING ACTIVlllES (PAGE		16)		~1201 2	553646
TAXATION
Corporation tax paid
CASH FLOW FROM INVESTING		ACTIVITIES:
Purchase ofproperty, plant	and	equipment		~27 275	~904955
NET CASH USED IN INVESTING		ACTIVITIES		~27275	~904955
CASH FLOW FROM FINANCING		ACTIVITIES:
Repayment of borrowings Interest paid				(11,107) ~441	(16,660) ~6359
NET CASH USED IN FINANCING		ACTIVITIES		~15448	~23019
Change in cash and cash equivalents			in the
reporting period				77,429	(374,328)
Cash and cash equIvalents	at the beginning of
the reporting period				~1262	585590
Cash and cash equivalents	at the end		ofthe
reporting period

		2022	2021
		E	E
Net income before	taxatlon and pension adjustments	39,106	379,849
Depreciation		100,323	89,996
Interest payable		4,341	6,359
(Increase)/decrease	In stocks	(6,284)	(4)
(Increase)/decrease Increase/(decrease)	in debtors in creditors	(101,758) J5 424	70,287 ~71

		2022	2021
		E
Profit and LossAccount
Turnover		181,655	23,092
Costs ofsales		161227	33271
Gross Profit		20,428	(10,179)
Administrative	expenses	~50996	~19409
		(30,568)	(29,588)
Other operating	income	54,896
Net profit before taxation		24,328	(29,588)
Taxation
Net profit after	taxation	24,328	(29,588)
Gift Aid Charity
Retained in subsidiary		24,328	(29,588)
Fund balances brought forward at 1April		29588
Fund balances carried forward at 31March
Aggregate amount ofassets, liabilities and funds was;
		2022 E	2021f
Assets		18,465	5,287
Liabilities Share capital		(23,724) ~1	(34,874) ~1
Funds

				Unrestricted	Restricted	Designated	Total	Total
				Funds f	Funds f	Fund f	2022f	2021f
Insurance	claim			1,586			1,586	3,464
Renewable	heat	incentive	payments	37,546			37,546	16,765
Other				~1194			1194	17821
				ShRfi			SQ26	RL9K

				Unrestricted	Restricted	Restricted	Designated	Total	Total
				Funds	Funds		Funds	2022	2021
				E	E		E
Cost ofactivities	in furtherance
ofthe Charity's objects:
Fundraising costs				786				786	246
Brick costs				1,864				1,864	78
Utility, rates, refuse and property
maintenance				145,710	14,462			160,172	151,975
Sports equipment				2,192	1,072			3,264	1,966
Catering and vending		purchases		11,756				11,756	2,391
Subcontracted sports		coaching		7,780	8,980			16,760	5,005
Event delivery costs				356	15,259			15,615	(677)
Grants to institutions				5560				~5560 ~7	6368
Support costs:
Wages				285,444	175,519			460,963	321,833
Social Security				21,037				21,037	12,191
Pensions				6,997				6,997	4,403
Bad debts									(8)
Insurance				21,129				21,129	19,013
Security costs				2,441				2,441	3,101
Oflice costs				20,950				20,950	13,464
Advertising and marketing				1,573		581		2,022	1,452
Sundry costs				27,388	1,349			28,737	14,103
Postage and stationery						7		7
Depreciation				47,683	49,569		3,071	100,323	89,996
Bank charges				8,040				8,040	2,853
Bank loan interest				3,624				3,624	6,359
Other interest				717				717
Operating lease payments Cafd management charges				28,357 ~17				28,357 9167	11,683 5833
				484415	~227	025	~3071	714511	506276
							~71
OTHER COSTS
Other costs relate	to governance		costs incurred during		the year.
				Unrestricted	Restricted		Designeb. d	Total	Total
				Funds	Funds		Funds	2022	2021
					E		E		E
Legal fees				6,345	8,277			14,622	1,800
Auditors remuneration				13,200				13,200	7,800
Auditors remuneration		for non-audit		work					1509

TOTAL RES	OURCES EXPENDE	D	D
		Depreciation Staff 5Amortlsatlon		Other	Total	Total
		Costs	Costs	Costs	2022	2021
		E	E	E	E	E
Fundralslng	trading:
costs ofgoods sold Charitable activities Governance costs		488,997	100,323	161,227 161,227 340,968 930,288 ~27 22~		33,271 673,628 11109
					2022	2021
					E	E
Wages and	salaries				460,963	321,833
Social security costs Pension costs					21,037 ~997	12,191 4443

		2022	2021
		E
Depreciation ofowned fixed assets		100,323	89,996
Auditors	remuneration	13,200	7,800
Operating	leases	~28357	11683

trading subsidia	ry 4SLC Trading Limited.
		2022	2021
		E	E
Current tax:
UK Corporation	tax based on 4SLCTrading Limited results forthe year
at 19%(2021:	199fi)

12	TANGIBLE FIXEDASSETS-GROUP
		Leasehold			Computer
		property	Plant and	Sports	Goffice
		Improvements f	machinery f	equipment f	equipment f	Totalf
	COST
	As at1April 2021	1,000,155	375,058	38,709	40,375	1,454,297
	Additions	5,946	8,378	5,607	7,476	27,407
	Dlsposals
	As at31March 2022	~100 1 1	~46	4431	47851	14!41704
	DEPRECIATION
	As at 1April 2021	55,333	87,400	28,777	21,104	192,614
	Depreciation charge	48,639	36,349	4,909	10,426	100,323
	Disposals
	As at 31March 2022	~103 72	~13749	~3368	31530	292937
	NET BOOK VALUE
	As at31March 2022
	As at1April 2021
12	TANGIBLE FIXEDASSETS —CHARITY
		Leasehold			Computer
		Property	Plant and	Sports	GoNce
		Improvements f	machinery f	equipment f	equipment f	Total f
	COST
	As at1Apdl 2021	1,000,155	374,570	38,709	40,375	1,453,809
	Additions	5,946	5,746	5,607	7,476	24,775
	Disposals
	As at31March 2022	~10061 1	38031	4431	47851	~47IL554
	DEPRECIATION
	As at 1April 2021	55,333	87,400	28,777	21,104	192,614
	Charge In the year	48,639	36,138	4,909	10,426	100,112
	Disposals
	As at31March 2022	~10	123538	~3686	~3	292 726
	NET BOOK VALUE
	As at31March 2022
	As at 1April 2021

TANGIBLE FIXEDASSETS —TRADING
	Plant and
	machineryf
COST
Asat 1April 2021	488
Additions	2,632
Disposals
As at 31March 2022	3 12
DEPRECIATION
Asat 1April 2021
Charge in the year	211
Disposals
As at 31March 2022	211
NET BOOK VALUE
As at 31March 2022
As at 1April 2021

2022	2021	2022	2021
Groupf	Group	CharIty	Charityf

15	DEBTORS:Amounts	DEBTORS:Amounts	falling due within one year	falling due within one year	falling due within one year
						Group	Group	Charity	Charity
						2022	2021	2022	2021
						E	E	E	E
	Trade debtors					97,739	10,198	96,061	9,834
	Amounts due	from	subsidiary		undertaking			7,698	37,995
	Prepayments	&accrued income				44,502	31,990	42,648	31,990
	Other debtors					3,846	455	3,845	454
	VAT					13(2	~29 8
16	CREDITORS: Amounts			falling	due within one year
						Group	Group	Charity	Charity
						2022	2021	2022	2021
						E	E	E	E
	Trade creditors					47,308	18,787	40,864	15,055
	Other taxation &social security						18		18
	Other credItors					4,414	4,329	4,414	4,329
	Otherloans						11,107		11,107
	Accruals &deferred		income			~10367	4~7710	94095	~54562

			Group	Group	Charity	Charity
			2022	2021	2022	2021
			E	E	E	E
Balance	at 1April		29,346	26,873	29,346	26,873
Amount	released	to incoming resources	(29,346)	(26,873)	(29,346)	(26,873)
Amount	deferred	in the year	~2257	30920	59 474	~29 34
Balance	at31March
Deferred	income	comprises admission fees and promotional income		received in	advance.

		Group	Group	Charity	Charity
		2022	2021	2022	2021
		E	E	E	E
Not later	than 1year	6,887	6,888	6,887	6,888
Later than	1year, not later than 5years	12,239	9,220	12,239	9,220
Laterthan	5years

Fund balances at31Mar	ch	2022 are represente	d by:
			Fixed	Current	Current
			assets	assets	liabilities	Total
			E	E	E	E
Unrestricted funds
General fund			181,920	291,031	(131,675)	341,276
Non charitable trading				~184	~23725	~5260
Total unrestricted funds			181229	~09496	~15540	336016
Restricted funds
Sheffield City Council —Capital Grant			13,225			13,225
Power to Change			156,273			156,273
4Good Fund			5,248			5,248
The Well North England	Fund		811,461			811,461
People Keeping Well Grant			4,599			4,599
Suicide Awareness Workshops				1,640		1,640
PKW Resilient Communities STORMS Mental Health		Fund	331			331 ~200
Total restricted funds			991137	4140
Designated funds			1571	134290
Total funds

Fund balances at 31March	Fund balances at 31March	2021are represented
			Fixed	Current	Current
			assets	assets	liablgties	Total
			E	E	E	E
Unrestricted funds
General fund			228,070	77,328	(47,077)	258,321
Non charitable trading			488	~47 9	~34874	~2587
Total unrestricted funds			228 558	~82 127	~81951	228 734
Restricted funds
Sheffield City Council —Capital Grant			13,978			13,978
Power to Change			168,075			168,075
4Good Fund			6,248			6,248
SCCWard Pot Small Grant				751		751
The Well North England	Fund		844,258			844,258
Suicide Awareness Workshops				3,500		3,500
PKW Resilient Communities		Fund	566	33,674		34,240
STORMS Mental Health				7,904		7,904
Tackling Inequalities				3,531		3,531
Big Bike Revival				903		903
Total restricted funds			1033125	50263	-	~1083388
Designated funds				~130065		130065
Total funds

GROUP STATEMENT OF	FUN	D
			At1April	Income	Expenditure	Gift	At31March
			2021	83transfers	83transfers	aid	2022
			f	f	f	f	f
Unrestricted funds
General fund Non Charitable trading funds			258,322 ~288	789,088 ~181	706,134 ~727		341,276
Total unrestricted funds
Restricted funds
Sheffleld City Council —Capital Grant			13,978		753		13,225
Power to Change			168,075		11,802		156,273
4Good Fund			6,248		1,000		5,248
SCCWard Pot Small Grant			751		751
The Well North England	Fund		844,258	1,958	34,755		811,461
Suicide Awareness Workshops			3,500		1,860		1,640
PKW Resilient Communities		Fund	34,240	25,000	58,909		331
SIRMS Mental Health			7,904		5,404		2,500
Tackling Inequalities			3,531		3,531
Big Bike Revival			903	(670)	233
Live Lighter Project Zest				13,500	13,500
People Keeping Well				10,000	5,401		4,599
Healthy Holidays				12,225	12,225
Lottery Community Fund				53,600	53,600
HCT Diabetes				1,750	1,750
Year 6Transition Project				14,000	14,000
SociaI Prescribing				27,666	27,666
Community Wellbelng				28670	~2867
Total restricted funds Designated funds			130 ~1388	~7 ~17699	3073 ~5~81		277
Total funds

Comparatives for statement	Comparatives for statement	offunds
			At1April	Income	Expenditure	Gift		At31March
			2020	gr transfers	Gtransfers	aid		2021
			E	E	E	E		E
Unrestricted funds
General fund			224,553	267,028	233,259			258,322
Non Charitable trading funds				23092	52 680
Total unrestricted funds
Restricted funds
Sheffield City Council —Capital Grant			15,837		1,859			13,978
Power to Change			131,056	50,731	13,712			168,075
4Good Fund			7,293		1,045				6,248
SCCWard Pot Small Grant			990		239				751
The Well North England	Fund		263,361	603,554	22,657			844,258
Suicide Awareness Workshops			1,000	2,500					3,500
PKW Resilient Communities		Fund	18,750	23,501	8,011			34,240
STORMS Mental Health				8,700	796			7,904
Tackling Inequalities				5,001	1,470			3,531
Big Bike Revival				1,340	437				903
Awards for All			10,627		10,627
Streetgames			1,665		1,865
Asset Based Community	Development		3,984		3,984
Social Prescribing				30,172	30,172
Community Wellbeing				14,335	14,335
Apprentice Grant				1,000	1,000
Walking for Purpose Project				8,800	8,800
SYCF—Neighbourhood				505	505
SCC Funding for Drainworks				57398	57398
Total restricted funds			454563	807737	178912		-	~108	88
Designated funds			383222		253157		-	130065
Total funds