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|Trustees||Mr BC Morgan|
|---|---|---|
|||Mr M R Henley|
|||Mr G P Kibblewhite|
|||Mr PJ Maclaren|
|||Mrs J Kendall|
|Secretary||Mr BC Morgan|
|Charity number||1160663|
|Company|number|06548736|
|Registered|oNce|Weir Lane|
|||I ower N/ick|
|||Worcester|
|||WR2 4AY|
|Auditor||Kendall Wadley LLP|
|||Grants Lodge|
|||71 Graham
Road|
|||Malvern|
|||Worcestershire|
|||WR142JS|
|Bankers||HSBC Bank Plc|
|||6 Broad Street|
|||Worcester|
|||WR1 2EJ|
|Solicitors||Thursfields
Solicitors|
|||42 Foregate Street|
|||Worcester|
|||WR1 1EF|
##
||||Page|
|---|---|---|---|
|Trustees'|report||1-2|
|Statement|ofTrustees'|responsibilities||
|Independent
auditor's||report|4-6|
|Statement|offinancial|activities||
|Balance sheet|||8-9|
|Statement|ofcash flows||10|
|Notes to|the financial|statements|11-21|
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|||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|---|---|
|||||funds|funds||funds|funds||
|||||2022|2022||2021|2021|2021|
||||Notes|||||E||
|I come and en|w|ents from:||||||||
|Donations
and legacies|||3|450||450|885||885|
|Charitable
activities|||4|428,409||428,409|33,972||33,972|
|Investments|||5|13||13|15||18|
|Other income|||6|81,308||81,308|260,969||260,969|
|Total income||||510,180||510,180|295,841|3|295,844|
|Ex e dit reo:||||||||||
|Charitable
activities||||413,895|6,416|420,311|309,906|6,416|316,322|
|Net Income/(expenditure)|||for|||||||
|the year/||||||||||
|Net movement|in funds|||96,285|(6,416)|89,869|(14,065)|(6,413)|(20,478)|
|Fund balances|at 1 April||2021|209,269|100,408|309,677|223,334|106,821|330,155|
|Fund balances|at 31|INarch||||||||
|2022||||305,554|93,992|399,546|209,269|100,408|309,677|
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|||||2022||2021||
|---|---|---|---|---|---|---|---|
||||Notes|||||
|Fixed assets||||||||
|Tangible assets|||||367,538||357,379|
|Current assets||||||||
|Stocks|||12|2,475||4,374||
|Debtors|||13|9,052||17,094||
|Cash at bank and in||hand||176,557||82,913||
|||||188,084||104,381||
|Creditors:|amounts|falling due within||||||
|one year|||14|(34,484)||(17,629)||
|Net current|assets||||153,600||86,752|
|Total assets less current liabilities|||||521,138||444,131|
|Creditors:|amounts|falling due after||||||
|more than|one year||||(121,592)||(134,454)|
|Net assets|||||399,546||309,677|
|Income funds||||||||
|Restricted|funds||||93,992||100,408|
|Unrestric|d fun s-|eneral||||||
|Designated|funds||18|19,437||19,850||
|General unrestricted||funds||286,117||189,419||
||||||306,554||209,269|
||||||399,546||309,677|
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|||||||2022||2021||
|---|---|---|---|---|---|---|---|---|---|
||||||Notes|||||
|Cash flows from operating||activities||||||||
|Cash generated
from/(absorbed||||by)||||||
|operations|||||||128,141||(13,676)|
|Investing|activities|||||||||
|Purchase oftangible
fixed assets||||||(34,453)||||
|Investment|income received|||||13||18||
|Net cash (used In)/generated|||from|||||||
|investing|activities||||||(34,440)||18|
|Financing|ac5vities|||||||||
|Repayment|ofborrowings|||||3,876||(3,060)||
|Repayment|ofbank loans|||||(3,933)||50,000||
|Net cash (used in)/generated|||from|||||||
|financing|activities||||||(57)||46,940|
|Net increase
in cash and||cash||equivalents|||93,644||33,282|
|Cash and|cash equivalents|at|beginning||of year||82,913||49,631|
|Cash and|cash equivalents||at|end of|year||176,557||82,913|
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||||Unrestricted|Unrestricted|
|---|---|---|---|---|
||||funds|funds|
||||general|general|
||||2022|2021|
|Donations|and|gifts|450|885|
##
|||Leisure|Leisure|
|---|---|---|---|
|||facilities|facilities|
|||2022|2021|
|||R|E|
|Sales within charitable|activities|439,193|35,465|
|Fitness studio||2,921|308|
|Fitness studio expenditure||(13,705)|(1,801)|
|||428,409|33,972|
##
|||Unrestricted|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|
|||funds|funds|funds||
|||general|general|||
|||2022|2021|2021|2021|
|Interest|receivable|13|||18|
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|||||Unrestricted|Unrestricted|
|---|---|---|---|---|---|
|||||funds|funds|
|||||general|general|
|||||2022|2021|
|Government|grants|||56,308|260,969|
|Insurance
claim for Covid-19 interruption|||ofbusiness|||
|||||25,000||
|||||81,308|260,969|
|Charitable|activities|||||
|||||Total|Total|
|||||2022|2021|
|Staff costs||||282,797|222,038|
|Depreciation||and impairment||24,293|23,368|
|Water rates||||9,018|3,616|
|Insurance||||12,924|15,003|
|Light and heat||||32,830|17,749|
|Repairs and|maintenance|||16,916|4,894|
|Advertising|and ofI|cesupplies|||5,158|7,370|
|Telephone||||2,492|3,024|
|Sundry expenses||||1,016|431|
|Subscriptions||||5,442|4,204|
|Pool running||expenses||8,737|2,600|
|Bank charges||||2,568|1,313|
|Other interest||paid||5,110|4,612|
|Private health||cover||2,385|1,635|
|Staff training||||4,389|335|
|||||416,075|312,192|
|Share ofgovernance
costs (see note 8)||||4,236|4,130|
|||||420,311|316,322|
|Analysis
by||fund||||
|Unrestricted||funds - general||413,895|309,906|
|Restricted funds||||6,416|6,416|
|||||420,311|316,322|
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|Support|costs|||||
|---|---|---|---|---|---|
|||Support|Governance|2022|2021|
|||costs|costs|||
||||R|||
|Audit fees|||840|840|840|
|Legal and|professional||156|156|50|
|Accountancy|||3,240|3,240|3,240|
||||4,236|4,236|4,130|
|Analysed|between|||||
|Charitable|activities||4,236|4,236|4,130|
##
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|The average
|monthly
number ofemployees
during th|e year was:||
|---|---|---|---|
|||2022|2021|
|||Number|Number|
|Pool Staff||||
|Administration||||
|Total|||36|
|Employment|costs|2022|2021|
||||f.|
|Wages and salaries||263,615|209,105|
|Social security|costs|13,738|9,760|
|Other pension|costs|5,444|3,173|
|||282,797|222,038|
##
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|11|Tangible fixed assets|||||
|---|---|---|---|---|---|
||||Swimming|Fixtures,|Total|
||||pool &|fittings
&||
||||building|equipment||
||Cost|||||
||At 1 April 2021||653,387|133,400|786,787|
||Additions||34,453||34,453|
||Disposals||(5,542)||(5,542)|
||At 31 March 2022||682,298|133,400|815,698|
||Depreciation
and impairment|||||
||At 1 April 2021||297,648|131,7B1|429,409|
||Depreciation
charged|in the year|23,236|1,057|24,293|
||Eliminated
in respect ofdisposals||(5,542)||(5,542)|
||At 31 March 2022||315,342|132,818|448,160|
||Carrying
amount|||||
||At 31 March 2022||366,956|582|3B7,538|
||At 31 March 2021||355,740|1,639|357,379|
|12|Stocks|||||
|||||2022|2021|
||||||f.|
||Goods held for resale|and consumables||2,475|4,374|
|13|Debtors|||||
|||||2022|2021|
||Amounts
failing due|within one year:||||
||Trade debtors|||6,419||
||Other debtors||||16,791|
||Prepayments
and accrued income|||2,633|303|
|||||9,052|17,094|
##
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|14|Creditors: amounts|Creditors: amounts||falling due within one year||||
|---|---|---|---|---|---|---|---|
|||||||2022|2021|
||||||Notes|||
||Bank loans|||||9,606|4,167|
||Other borrowings|||||10,641|3,275|
||Other taxation|and social security||||3,744|3,381|
||Trade creditors|||||4,439|1,036|
||Accruals and deferred|||income||6,054|5,770|
|||||||34,484|17,629|
|16|Creditors: amounts|||falling due after more than one year||||
|||||||2022|2021|
||||||Notes||f.|
||Bank loans|||||36,461|45,833|
||Other borrowings|||||85,131|88,621|
|||||||121,592|134,454|
|18|Loans and overdrafts|||||||
|||||||2022|2021|
||Bank loans|||||46,067|50,000|
||Other loans|||||95,772|91,896|
|||||||141,839|141,896|
||Payable within|one|year|||20,247|7,442|
||Payable after|one year||||121,592|134,454|
||Amounts
included||above which fall due after five years:|||||
||Payable by instalments|||||69,016|82,553|
##
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##
||||Movement|In funds||||
|---|---|---|---|---|---|---|---|
|||Balance at|Incornlng|Resources|Balance at|Resources|Balance at|
|||1 April 2020|resources|expended|1April 2021|expended|31March 2022|
|||||K||||
|Roof Replacement|Fund|82,101||(2,599)|79,502|(2,599)|76,903|
|Pool Cover Replacement||||||||
|Fund||2,904||(1,024)|1,880|(1,024)|856|
|Boiler Replacement|Fund|21,816||(2,793)|19,026|(2,793)|16,233|
|||106,821||(6,416)|100,408|(6,416)|93,992|
##
|||||Balance at|Resources|Balance at|Resources|Balance at|
|---|---|---|---|---|---|---|---|---|
||||1|April 2020|expended|1April 2021|expended|31 March|
|||||||F||20+|
|Building|Development|Fund||20,263|(413)|19,850|(413)|19,437|
|||||20,263|(413)|19,850|(413)|19,437|
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|||2022|2021|
|---|---|---|---|
|Within one year||789|2,452|
|8etween|two and five years|789|1,578|
|||1,578|4,030|
##
|22|Gash generated
from|operations|||||2022|2021|
|---|---|---|---|---|---|---|---|---|
||Surplus/(deticit)
for the|year|||||89,869|(20,478)|
||Adjustments
for:||||||||
||Investment
income recognised
in||statement||offinancial|activities|(13)|(18)|
||Depreciation
and impairment
oftangible|||fixed assets|||24,293|23,368|
||Movements
in working|capital:|||||||
||Decrease/(increase)
in|stocks|||||1,899|(819)|
||Decrease/(increase)
in|debtors|||||8,042|(12,194)|
||Increase/(decrease)
in|creditors|||||4,051|(3,535)|
||Cash generated
from/(absorbed||by)|operations|||128,141|(13,676)|