Charity No. 1159054 Report of the Trustees and Financial Statements for the year ended 31st March 2026 for Henfield Leisure Centre
Henfleld Lelsure Centre Contents of the Flnancial Statements for the year ended 31st March 2026 Page Charity information Trustees, report Independent Examiner's report Statement of financial activities Statement of financial position Statement of cash flows Notes to the accounts 9-15 Schedule to the statement of financial activities 16
Henfield Leisure Centre Charlty Informatlon for the year ended 31st March 2026 Chalrman and trustee A Hillman Treasurer and trustee S Vickers Secyetary and trustee E Holder Management Commlttee are also trustees) A Hillman E Holder S Vitkers G Pettifer. SGrant 5Thompson Charlty Offices The King's Fleld Henfield West Su55ex BN5 9QB Independent Examlner Parkers Cornelius House 1781180 Church Road Hove East Sussex BN3 2DJ Banker5 Barclays Bank pl¢ 90-92 Hlgh Street Crawlev West Sussex RHIO IBP
Henfield Lelsure Centre Trustees, Report for the year ended 31st March 2026 The trustees present their report and the flnanclal statements for the year ended 31st March 2026 and confirm they ¢omply with the requirements of the Charities Act 2011 and the Charitles SORP IFRS 1021. Trustees The trustees and management committee named on page I have served throughout the year. ApFK)intment of the trustees Is governed by the Constltution of the charlty. Investment powers The Constitution authorise5 the management commlttee to make and hold Investments Using the general funds of the charity• but no such investments are currently held. Constltution, objects and pollcles The Charitable Trust is constituted by Trust Deed, and its objects are to provide, or a551st in the provision of facilitie5 for physlcal recreation of all kind5 for re51dents of Henfield and the surrounding area. The management of the affairs of the association is directed by the Management Committee in accordance with the terms of the Constitution of the Association. Development, actlvltles and achlevements In respect of the year Covered by the financial statements, the management committee consider that the performance of the charity has been sat15factory. The charity has been able to meet its ongoing objective of providing recreational facilities to the local community. In particular this report covers the first full year of the padel tennls. We opened two outside covered padel courts in March 2025,. the project to construct the courts was led by the trustees and management team. It Wa5 not without risk and at time5 challenging. We secured funding in the form of loans from the Lawn Tennis Association, the Charlties Aid Foundatlon and a grant from the UK Government through Hor5ham Dlstrlct Councll. The setbacks and challenge5 were overcome and the padel court5 have been a great succes5. There are over 900 players registered to play and we have a monthly usage of around 67%. We have reached out to the local community and offered free sessions to schools and clubs, The centre also offers coaching and mlxing sesslons along with tournament and box leagues, The introduction of padel at the leisure centre has been a notable achievement; the activity Eenerated income In excess of £160,000 in the year, 8 slgnifl¢ant contrlbutlon to S115taining the future profltability of the leisure centre. Flnancial revlew The charity has made a profitlllossl for the year of £83,41712025- £27,762). Charlty Governance Code The Trustees seek to apply the principles of the Charity Governance Code as they relale to the operations of the leisure cerltre. Mezzanlne floor The Henfield Communlty Partnership IHCPI previously received a grant from Horsham District Council IHDCI to create a community safe space within Henfield to provide a facility for teenager5 to Spend time after school. The leSsure centre was chosen to h05t the slte.
Henfield Lelsure Centre Trustees, Report for the year ended 315t March 2026 The project was managed by HDC and the work was completed in Aprll 2025 at a total cost of approxlmately £180,000. To create this space the area used by Children's club in the leisure centre was adapted by building a mezzanine floor above the existing space (essentially two adjoining squash courts with a hlgh roofl. This created a much-lmproved facility for the Chlldren's club at no c05t to the leisure Cent las it was all funded by the grant). At the tlme, the trustees agreed that we should record the valuè of the improvement at £80,000 as a grant in the Statement of Financial Attlvities as Restrlcted Funds, capitallse the amount as a fixed asset and depreciate. Sometime after the completion it became clear that the facility could not be run as intended, and following dialogue between HPC, Hor5ham District Council and Simon Thompson Icentre managerl the lelsure centre was granted unrestricted use of the community space. As such the Trustees have decided to record the transaction at its full value to recognise the enhancement to our facilities and the opportunity to derlve income from thls. Fuiure development5 The trustees will continue to seek and exploit opportunilies to develop and enhance the environment of the centre in a manner that IS 5U5tainable and does not jeopardi5e the provision of the core activlties. In addition to the regular maintenance and improvement of the centre's facilities, the trustee5 have approved the extension and refurbishment of the Eym facilities. Thls wlll provide signiflcant benefit to the users of the centre and the lo¢al community. Reserves policy Reserves are needed to bridge the gap between spending and receivlng income and to cover unplanned emersen¢y repairs and other expendSture. The trustees ¢onsider the ideal level of reserves at 31 March 2026 is £150,OCQ. Risk management policy The trustees annually review the risks and uncertainties that the charlty faces and have e5tabllshed policies, systems and procedures to mitigate those risks. Public beneflt statement The trustees tonfirm that they have complled wlth the duty in Sectlon 4 of the Charities Act 2011 to have due regard to the Euidance published by the Charity Commission on public benefit when reviewinE the charity's main alms and objectives in planning future activilie5. Statement of trustees, responslbllltv The trustees are responsible for preparing the Trustees, Annual Report and the financial statements in accordance with applicable law and United Kingdom and Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The law applicable to tharitles in England requires the trustees to prepare flnanclal statements for each flnancial year which glve a true and fair view of the state ol affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these finan¢lal statements, the trustee5 are requlred to: select suitable accounting policies and apply them consistently observe the methods and principles in the Charities SORP make judgements and estimates that are reasonable and prudent
Henfield Lelsure Centre Trustees, Report for the year ended 31st March 2026 state whether applleable accounting standards have been followed, subjett to any departure5 d15closed and explalned In the financlal statements; and prepare the accounts on a 8oing concern basis unle55 it is inappropriate to presume that the charlty will contlnue In business. The trustee5 are responslble for malntainlng proper accounting records which disclose wth re350n?ble accuracy at any time the flnancial p051tion of the charity and to enable them to ensure that the accounts comply with the Charllle5 Ad 2011. They are also respDn5ible for safeguardlng the assets of the ch8rlty and hence for taking reasonable steps for the prevention and detectlon of fraud and other irregularilie5. Approval Thls report was approved by the management commlttee on 17 lune 2026 and glened on thelr behalf by: A Hillman Chalrman and Trustee E Holdèr Secretary and Trustee
Independent Examinerfs Report to the Trustees of.Henfleld Lelsure Cenire I report to the trustees on my examlnatlon of the financial.st3tements of Henfield Lelsure Centre I'the charity'l for the year ended 31st March 2026,which,comprise the Statement of Financlal Activlties, the Balance Sheet, the Statement of Cash Flows and related notes. This report 15 made solely to the charity'5 trustees, as a body, in accordance with section 145 of the Charlties Act 2011. My work has been undertaken SQ that I might state to the charity's tTU5tees those matter51 am required to state to them in this report and for no other purpose. To the fullest extent permitted.by law, I do not accept or assume responsibillty to anyone other than the charity and the charity's trustees as a body, for mv work, for this report, or for the opinions I have formed, Responslbilitle5 and basis of report As the trustees of the tharlty you are re5pon5ible for the preparation of the financial Statements in accordance with the requlrements of the Charities Act 20111'the ACVI. I report in respect of my examination of the charity's financial statements carried out under section 145 of the Act and in carrying out my examination I have followe[3 all the applicable Directions given by the Charity Commission under sectlon 14515llbl of the Act. An independent examination does not involve gathering all the evidence that would be required in an audit and consequently does not cover all the matter5 that an auditor Considers in givlng their opinion on the financial statements. The planning and Conduct of an audit goes beyond the limited assuranee that an Independent examination can provide. Consequently, l express no opinion as to whether the flnancial stat'ements present a 'true and fair, view and my report is limited to those specific matters set out in the independent examlnerfs statement. Independent examlnerfs Statement Since the trust's gross income exceeded £250,000 your examlner is required to be member of a body listed In sectlon 145 of the Act. I confirm that l am qualified to undertake the examlnation because l am a member of ICAEW, I have completed my examination. I confirm that no materlal matters have come to my attention in connectlon wlth the examination giving me cause to believe that in any material respect., accounting record5 were not kept in respect of the charity as requlred by section 130 of the Act,. or the financlal statements do not accord with those records,. or the flnanclal statements do not comply with the applicable requirements concerning the form and content of accour¢tS Set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair view which Is not a matter considered as part of an independent examination. I have no concerns and have come acro55 no other matters in connectlon with the examinatlon to which attention should be drawn in this report in order to enable a proper understandlng of the financlal statements to be reached. Annette Watson FCA Parkers, Cornelius House, 1781180 Church Road, Hove, East Sussex, BN3 2DJ 21 July 2026
Henfield Lelsure Centre Statement of Financlal Activities fot the Vear ende¢*31st March 2026 Restrirted funds Unrestrlcted funds Notes 2026 2025 2026 2025 Income frorn: Fitness, clubs, groups Children'5 clubs Soft play area admi551on fees Soft play area catering Padel tennis Padel tenn15 coachlng Hlre and sale of equipment Donations and fundraislng Mezzanine floor grants & donation Grants Sponsorship Other income Total income 343,031 78,184 193,237 147,836 166,518 5,116 6,023 8,806 309,479 77,670 187,641 140,874 3,616 12,141 186,757 11,248 2,713 135,000 8.168 875 950 1,875 724,962 198,898 146,248 957.794 Expendlture on: Direct charltable expenditure Management & adminlstration Net resources for the year Amort15atlon of grants & donatlons 870,885 3,492 874,377 83,417 52,408 135,825 178,980 314,805 693,887 3,313 697,200 27,762 26,587 54,349 124,631 178,980 198,898 146,248 152,4081 {26,5871 146,490 119,661 277,731 158,070 424,221 277,731 Fund5 brought forward Funds carried lOard All of the amounts above related to continuing activitles. There were no recogni5ed Bains or losses for 2026. or 2025 other tban those included above.
Henfield Le15ure Centre Statement of Flhanclal Position at 31st March 2026 Notes 2026 2025 Flxed A55ets Tangible fixed assets 965,323 838,629 Current Assets Stock Debtors Cash at bank and In hand 1,840 2,342 177,862 182,044 1,520 1,640 65,797 68.957 io Current Llabllltles Credltors.. amounts falllng due wlthln one year li 147,410 153,132 Net currenl assetsllllabllltlesl 34,634 999,957 184,1751 754854 Credltors: amounts fall1 due after one year Net As$et$ 12 260,931 739.026 297,743 456,711 Alnds Unrestricted funds 314,805 178,980 RestrScted funds 424 221 277 731 Approved by the trustees on J7 June 2026 and slKned on thelr behalf bv: A Hlllman Chalrman and Trustee E Holder Secretsry and Trustee
Henfield Leisure Centre Statement of Cash Flows for the year ended 31gt March 2026 ststement of cash flov 2026 2025 Cash flow from operatlnE actlvSties: Net cash provlded byllu5ed inl operating activitles 189,687 40,060 Cash flows from investing actlvltles: Purchase of property, plant and equipment Net cash provided byllused inl Investing activities 1236,8511 1406,7501 1236,8511 1406,7501 Cash flows from financing activities: Cash inflows from new borrowing Cash outflows to repay borrowing Grants and donations received Net Cash provided byllused inl financing actlvltles 243,412 139,6691 130,3131 198,898 146,248 159,229 3S9,347 Change in cash and tash equivalents in the year Cash and cash equivalents at the beginnlnE of the year Cash and cash equivalents at the end of the year 112,065 65,797 177,862 17,3431 73,140 65,797 Reconclllatlon of net Income {expendliure) to net cash flow from operatlng actlvities 2026 2025 Net Incomellexpenditurel per the statement of flnanclal. actlvltles 83,417 27,762 Adlustments for depreciation charges Ilncreaselldecrease in stocks Ilncreasel/decrease in debtors Increase/ldecrea5el in Creditors Net cash lused Inll provided by operating actlvltles 110,157 56,796 13201 12661 17021 895 {2,8651 145,127) 189,687 40,060 Analysls of cash and cash equlvalents Cash in hand Bank surplus/loverdraftl 420 177,442 177,862 420 65,377 65,797
Henfleld Lelsure Centre Notes to the Financial Statements for the year ended 31st March 2026 Accountlng pollcle5 1.1 Bas1$ of actountlng The accounts have been prepared in accordance wlth Accounting and Reporting by Charltie5'. Statement of Recommended Practice applicable to charities preparing their accounts In accordance with Flnanclal Reporting Standards applicable in the UK and Republic of Ireland IFRS 1021 (effective l January 20151- (Charities SORP IFRS10211. 1.2 Income Voluntary income and donatlons are accounted for as recelved by the charlty. The income from fundraislng is shown gross Wlth the associated costs Included in fundraising costs. No permanent endowments have been received in the period but these are dealt with through the Statement of Financial Activitie5 when received. Investment income plus associated tax recoverable Is credlted to income on an accruals ba515. using a dally accrual for interest. 1.3 Fund accounting Unrestriete(I funds are available to spend on activities that further any of the purposes of the Charity. Restritted funds are donations or grants which the donor has specified are to be used solely for partlcular areas of the Charlty's work or for speclflc projects being undertaken by the Charity. 1.4 Expenditure on management and admlnlstratlon Administration expenditure includes all expendlture not directly related to the charitable activity or fundraisin8 ventures. This intludes the cost of runnlng office premises, staff salaries for administrative staff and examinatlon fees. 1.5 Tanglble fSxed a55ets and depreciation Tangible fix¢d assets are stated at cost less depreclatlon. Depreciation is provided at rates calculèted to wrlte off the cost of flxed assets, le55 their estimated residual values, over their expected useful lives on the following basis.. Buildings Hall floor Fixtures and fittings Sports and other equlpment Office equipment Padel courts Mezzanine floor Soft play equSpment 5% pa reducing balance IO% pa reducing balance 20% pa reduting balance 20% pa reducing balance 20% pa reducifig balance IO% pa reducing b31ante IO% pa reduclng balance evenly over four years 1.6 Assets under constructlon The costs of assets under construction are recognised a5 an asset when: la} It IS probable that the future econornlc benefits that are assoclated with such asset will be obtained,. Ibl The atqulsition cost of such asset can be measured reliably,. and Icl Such assets are still In the construction proce55. Depreciation is not charged on the costs of asset5 under construttlon,
Henfield Le5sure Centre Notes to the Flnanclal Statements forthe year ended 31st March 2026 1.7 Stock stock is valued at the lower of cost and net reallsable value after maklng due allowance for obsolete and slow-moving stock. 1.8 Leases Asset5 obtalned under finance leases are capitallsed as tangible fixed assets. Depreciation is charged over the estimated useful life of the asset. Finance lease5 are those where substantially 311 of the beneflts and risks of ownership are a55umed by the charity. Obligations under such leases are included in credltors net of the finance charge allocated to future periods. The finance element of each payment is charged to the Statement of Financial Activities so as to produce a constant perlodlc rate on the net obligation out5tandinE in each period. Rentals applicable to operating leases where substantially all of the beneflts and risks of ownership remain with the lessor are reflected in the Statement of Financial Activities. Mezzanine floor Inote al 2026 2025 Restricted donation in kind Grant from The National Lottery Grant from Henfield Community Partnership 171,500 13,032 2.225 186,757 Note a The Henfleld Community Partnership {HCPI recelved a grant from Horsham District Council to create a community safe space withln Henfield to provide a faclllty for teenager5 to Spend tlme after school. Subsequent to the completlon of the project it became clear that the facllity could not be run as intended. Following dialogue between HCP, Horsham Distrlct Council and Slmon Thompson Icentre mènagerl the lelsure centre was granted unrestri¢ted use of the space created by the addition of the mezzanine floor. The restricted donation In kind of £171.51XI represents the contributions from the funders of the project that were paid directly to the contractor, The contributor5 to this element were Horsham Dlstrict Council193%1, Henfield Parish Coun¢lll16%1 and the Henfield Community Partnership Il%1. The total cost of the project 15 £182,141. The balance of the expenditure was met by Henfleld Lelsure Centre. The other amounts were grant5 to support the provislon of fixtures and fittings in the new space. Some of this amount has not been Spent 3t the balance Sheet date and 15 shown as restricted cash. io-
Henfleld Leisure Centre Notes to the Flnancial Statements for the year ended 31st March 2026 The Trustees have decided to record the transactlon at its full value to recognise the enhancement to the leSsurÈ ¢Èntre facilities and the opportunlty to derive income from th15, See note 7- Tangible Flxed Assets. Grants 2026 2025 Restricted grants.. Horsham District Council Southern Water 75,000 60,000 135,000 Direct charltable expendlture 2026 2025 staffing costs Bar and catering Premises Supplie5 and Services Financial services Depreciation 533,964 69,456 82,782 59,808 14,718 110.157 870,885 431,652 67,060 82,372 45.084 10,923 56.796 693,887 Management and admlnlstratlon 2026 2025 Independent examination fee Telephone and internet 800 2,692 3,492 750 2,563 3,313 Employee numbers 2026 2025 The average number of staff employed during the year.. 20 17 li-
Henfleld Lelsure Centre Notes to the Financial Statements for the year ended 31st March 2026 Tang5ble fixed assets Olflce e4thlpment Flxturts& flttlv¥s Spjrts & Soft play e4ulyment Padel murt5 lIor(note al uIFdln8 IlallFIoDr e4wlpment Cost At istAprfl 2025 Additkns 15po$3Is At 31stMarth20Z6 442,340 64,506 3,356 178.8 47,060 161,955 z,izo 70.500 4,218 354.163 I,aio 1,275,628 236,851 181,627 44 340 64,%)6 21 868 164 74,728 .473 Dyrdatlo At IsiApril 2025 Char8efortheyear 130.899 15.572 15,416 1238 32$ 104624 23,64g 101,372 12,541 70A99 2.951 35.252 436.999 110,157 17,tTh)I 540.156 Il163 At 31st MJr¢h2026 146,471 30,225 1563 ILg.273 113,913 71.345 163 Ntbookvalv At315tM4ich 2026 2Y569 34,281 1,299 99,S95 50,162 3,383 317,270 16),464 965,323 At 3lSl March2UIS All41 38mO 1,118 7&184 60.583 351,Z12 83&619 All fixed assets are used for charitable purposes. Note a - Mezzanine floor addition Note 2 - Mezzanlne floor on page 10 describes the circumstances of the donation in kind. The cost of the Mezzanine floor addltlon comprises.. Donation in kind Expendlture incurred by Henfield Leisure Centre 171,500 10,12'7 181,627 Stock 2026 2025 Caterln8 good5 Sports equlpment for Sale 1,470 370 1,840 1,520 1,520 Debtors 2026 2025 Due withln one year; Trade debtors Prepayment5 and accrued income 2,342 1.640 2,342 1,640 12-
Henfield Lelsure Centre Notes to the Financlal Statements for the year ended 31st March 2026 2026 2025 io. Cash at bank and In hand Cash Operational Restrlcted (note al 420 161,570 15,872 177,862 420 64,401 976 65,797 2026 2025 Note a Restricted fLsnds comprise: From fundrai51ng and donatlons LTA loon 51nking fund (note bl 9,872 6,000 15,872 976 976 Note b The Lawn Tenni5 Association ILTAI loan agreement requires a sum of £500 per month to be transferred to a"designated bank account for the future malntenance of the padel tourts. The level of cash reserves per the Ch3ritVs Reserves Policy is £150,000 ii. Creditors falllng due wlthln one year 2026 2025 Horsham District Council loan Charitle5 Ald Foundation loan Lawn Tennis Assoclation ILTAI loan (note al Trade credltors Other taxes and social security Accruals Prepaid income Bank overdraft Sundry creditors 31,913 18,789 28,680 3,231 21,281 14,567 28,949 31,218 16,341 28,680 17,450 18,597 14,692 26,154 147,410 153,132 Note a At the balance sheet date the LTA had not notified the leisure centre that repayments of the loan should commence nor had they provided details of the bank account to which the repayments should be made. The LTA have, however, confirmed that there wlll be no ba¢kdating of payments when they do inform the leisure centre that repayments should commence. The repayment perlod of the loan is now five years, previously it was seven years. The comparative amounts for 2025 have been amended. 13-
Henfield Leisure Centre Notes to the Financial Statements forthÈ year ended 315t March 2026 12. Creditors falling due after one year 2026 2025 Horsham Dlstrlct Council loan Charities Aid Foundation loan Lawn Tennis A550ciation loan Padel court malntenance provlsion Inote al 75,329 64,870 114,732 6,000 260,931 99,352 83,659 114,732 297,743 Note a As condition of the LTA loan the leisure centre is required to maintaln a sinking fund to provlde for the future maintenance of the padel courts. There is a monthly charge of £500 in the profit and loss account and correspondlnE transfer of funds to a designated bank accoknnt (see note 10 -Ca5h at bank and in hand on page 131 13. Obllgatlons under operatlng leases 2026 2025 Future minlmum rentals payable under non- cancellable operating leases are.. Within one year Within two to five years 14. Borrowings The total amount of loans and overdrafts was as follows.. Horsham District Council lil Lawn Tenni5 Assoclatlon lill Charitie5 Ald Foundation {iiil Bank overdraft Ilv} 2026 2025 107,2112 143,412 83.659 130,570 143,412 loo,000 334,313 373,982 lil The balance of the loan is repayable over-fwe years ¥th quarterly repayments of £8,862 (including interest). The loan Is unsecured and the annual Interest rate Is fixed at the annuity rate for 10-year loans a5 published by the UK Debt Management Office on 28 August 2015. lill The loan was provided to support the construttlon of two covered padel courts. The loan is interest free and is secured on the lease of the land on which the courts are built. The loan Is repayable by quarterly Instalments over five years. 14-
Henfield Leisure Centre Notes to the Flnanclal Statements for the year ended 31st March 2026 liiil The loan wa5 provided to 5UPPOrt the construction of two cOVed padel courts. The loan Is unsecured and the annual interest rate Is 5.5%. The loan is repayable by monthly instalments of £1,910 over five years from May 2025. Ilvl An overdraft faclllty of £40,000 is avallable, 15. Capital tornmltments Capital commltments at 31 March 2026 are as follows.. Contracted expenditure,. Extension and refurbishment of the gym and fttness facllltles £184,000 Improvements to the padel tourts £10,500 Repairs to the leisure centre roof Inote al £30,000 Note a Subsequent to the balance sheet Henfield Parish Councll provided a grant of £25,0(XJ towards the cost of the repairs. 16. Trustees, expenses None of the trustees received any remuneration or relmbursement of expenses durlng the year. 15-
Henfield LeSsure Centre Schedule to the Statement of Flnancial Actlvities for the year ended 31st March 202 2026 2025 Stafflng Staff salarles Instructors and Coaches Penslon contrlbutions Training and welfare Recruitment 491,736 21,898 12,530 7,800 414.623 3,720 10,118 3,056 135 533,964 431,652 Premlses Insurance Heat, light & power Water Rates Building repairs and maintenance Cleanln8 and domesti¢ supplies 16,771 25,802.. 6,054 18,580 35,488 4,290 32,5.08. 1,647 82,782 23,482 532 82,372 Supplle5 and serv5ces Sports equipment purchased Gym equipment repairs and malntenance Printing, postage. statlonery and computer Waste disposal Children's club expenses Advertlslng Leaslng and hire charges Accountancy system Licences and subscrlptlons Professional fees Sundry expenses 6,239 8,358 3,056 6,743 2,230 14,212 3,236 7,646 6,850 5,135 9,232 2,102 6,140 1,018 5,530 4,103 6,038 2,666 1,0 2,120 45,084 1,238 59,808 Flnanclal seNltes Bank charges and interest 14,718 10,923 Depre¢iation Amortisation of buildlngs Depretiation of hall floor Depreciation of sports equipment Depreciation of fixture5 and fittings Depreciation of office equipment Depreclatlon of padel courts Depreciation of 50ft play equipment Depreclatlon of mezzanine f loor 15.572 3,809 12,541 23,649 325 35,252 846 18,163 110,157 16,392 4,232 15,146 17,796 279 2,951 56,796 -16-