2022-03-31-accounts - Love Withington Baths

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.


Reference and Administrative		Details
Trustees' Report			2to5
Statement ofTrustees'	Responsibilities
Independent Auditors'	Report		7to 10
Statement ofFinancial	Activities
Balance Sheet			12
Statement ofCash Flows
Notes tothe Financial	Statements		14to 27

Trustees				Mr Paul David Smith, Managing	Mr Paul David Smith, Managing	Mr Paul David Smith, Managing	Mr Paul David Smith, Managing
				Mr Saqib Mohammed		Hussain
				Ms Alice De Araujo
				Mr David Robert Payne
				Ms Jennifer Claire Green
				Mr Dennis Anthony	Shannon
Secretary				Mr William Brock Russell			Pinnock
Charity Registration		Number		1167366
Company	Registration		Number	09515855
				The charity is incorporated			in England LWales,
Registered	ONce			30Burton Road
				Withington
				Manchester
				M20 3EB
Auditor				The Moffatts Partnership			LLP
				Progress House
				396Wilmslow Road
				Withington
				Manchester
				M20 3BN

		Unrestricted	Restricted	Total	Total
	Note	fundsf	funds E	2022 f	2021 E (As restated)
Income and Endowments	from:
Donations and legacies		102,164	151,951	254,115	169,766
Charitable activities		978,979		978,979	352,735
investment income		118		118	330
Total income		1,081,261	151,951	1,233,212	522,831
Expenditure on:
Charitable activities		(811,868)		(811,868)	(604,864)
Total expenditure		(811,86S)		(811,868)	(604,864)
Net income/(expenditure)		269,393	151,951	421,344	(82,033)
Transfers between funds		151,951	(151,951)
Net movement in funds		421,344		421,344	(82,033)
Reconciliation offunds
Total funds brought forward		678,568		678,568	760,601
Total funds carried forward	20	1,099,912		1,099,912	678,568

		Balance Sheet asat	$1March 2022
				2022	2021
			Note	f	f(As restated)
Fixed assets
Tangible assets			15	482,271	330,159
Current assets
Debtors			16	62,250	1,749
Cash at bank	and in hand		17	658,698	385,696
				720,948	387,445
Creditors: Amounts		falling due within one year	18	(103,307)	(39,036)
Net current	assets			617,641	348,409
Net assets				1,099,912	678,568
Funds ofthe	charity:
Unrestricted	income	funds
Unrestricted	funds			1,099,912	678,568
Total funds			20	1,099,912	678,568

Statement	ofCash	Flows forthe	Year Ended 31	March 2022
			Note	2022f	2021 f
Cash flows from operating activities
Net cash income/(expenditure)				421,344	(82,033)
Adjustments to cash flows from noncash		items
Depreciation				56,632	68,223
Investment income				(118)	(330)
				477,858	(14,140)
Working capital adjustments
(increase)/decrease in debtors			16	(60,501)	13
Increase/(decrease) in creditors			18	81,011	(6,515)
Net cash flows from operating	activities			498,368	(20,642)
Cash flows firom investing activities
Interest received				118	330
Acquisitions oftangible assets				(208,744)	(105,702)
Net cash flows from investing activities				(208,626)	(105,372)
Cash flows from financing activities
Repayment ofother borrowlngs				(16,740)	(18,039)
Net increase/(decrease) in cash	and cash	equivalents		273,002	(144,053)
Cash and cash equivalents at 1	April			385,696	529,749
Cash and cash equivalents at 31March				658,698	385,696

Depreciation	and amortis	ation
Depreciation	is provided	on tangible	fixed assets so as to write off the cost or valuation,	less any estimated
residual value,	over their	expected useful economic life as follows:
Asset ciass			Depreciation method	and rate
Improvements	to property		15%reducing balance
Furniture, fittings and equipment			2596 reducing balance

			Unrestricted
			funds	Restricted	Total	Total
			General f	fundsf	2022	2021 f(As restated)
Donations and	legacies;
Donations from		individuals	4,2&8		4,2&8	15,700
Grants, including		capital grants;
Government	grants		97,876	151,951	249,827	154,066
			102,164	151,951	254,115	169,766

				Unrestricted
				funds	Total	Total
				General	2022	2021
				E	E	E(As restated)
Membership		Fees		511,549	511,549	185,793
Swimming	pool and swimming		lessons	369,477	369,477	158,779
Gym, PTand		other classes		63,465	63,465
Room hire				25,157	25,157	5,&06
Shop and	Cafe income			9,331	9,331	2,357
				978,979	978,979	352,735

						Unrestricted
						funds	Total	Total
						General	2022	2021
						E	E	E(As restated)
Interest receivable				and similar	income;
Interest	receivable on bank				deposits	118	118	330
6 Expenditure			on	charitable	activities
						Unrestricted
						funds	Total	Total
						General	2022	2021
						E	E	E(As restated)
Instructors	and		classes			51,767	51,767	19,134
Shop and	Cafe purchases					6,835	6,835	723
Staff costs						426,247	426,247	365,191
Rates and	water					19,645	19,645	6,069
Light, power		and heating				84,634	84,634	42,064
Insurance						12,528	12,528	9,957
Cleaning						39,394	39,394	4,610
Equipment						&,100	8,100	1,354
Repairs and		maintenance				29,728	29,728	42,060
Operating	Lease Payments					1,311	1,311	5,244
Licenses						2233	2 233
Depreciation						56,632	56,632	68,223
						739,054	739,054	564,629

Charitable activities expenditure
	Unrestricted
	funds	Total	Total
	General	2022	2021
	f	f	E
Payment collection service fees	14,178	14,178
ITsoftware and consumables	8,6S4	8,654	5,893
Advertising	6,150	6,150	2,308
Telephone	2,025	2,025	1,469
Printing, postage and stationery	1,541	1,541	97
General expenses	8,723	8,723	3,829
Travel 5Subsistence	601	601
Bank fees	487	487	2223
Loan interest	853	853	3,073
Consulting	3,600	3,600
Subscriptions	6,332	6,332
	53,144	53,144	18,892

		Unrestricted
		funds	Total	Total
		General f	2022f	2021 f(As restated)
Audit fees
Audit of the financial statements		6,720	6,720
Other fees	paid to auditors	7,848	7,848
Independent	examiner fees
Other fees	paid to examiners			12,504
Legal fees		5,102	5,102	8,839
		19,670	19,670	21,343

		2022	2021
		E	E
Audit fees		6,720
Depreciation	offixed assets	56,632	68,223

15 Tangible fixed assets
	Land and	Furniture and
	buildings f	equipment f	Total f
Cost
At 1April 2021	443,813	25,486	469,299
Additions	203,486	5,258	208,744
At 31March 2022	647,299	30,744	678,043
Depreciation
At 1April 2021	126,405	12,735	139,140
Charge for the year	52,892	3,740	56,632
At 31March 2022	179,297	16,475	195,772
Net book value
At 31March 2022	468,002	14,269	482,271
At 31March 2021	317,408	12,751	330,159

16 Debtors
	2022	2021
	f	f
Prepayments	3,430	1,749
Accrued income	58,820
	62,250	1,749
17 Cash and cash equivalents
	2022f	2021 f
Cash on hand	204
Cash at bank	658,494	3852696
	658,698	385,696

18 Creditors: amounts	falling due within one year
		2022	2021
		f	f(As restated)
Trade creditors		58,654	114
Otherloans			16,740
Other taxation and social security		7,194	19,406
Other creditors		1,449	1,341
Accruals		36,010	1,435
		103,307	39,036
19 Pension and other	schemes
Oefined contribution	pension scheme

20 Funds
						Balance at
		Balance at1	Incoming	Resources		31March
		April 2021 f	resources f	expended f	Transfers f	2022 f
Unrestricted	funds
General
General funds		678,568	1,081,261	(811,868)	151,951	1,099,912
Restricted funds
Heritage	Lottery Fund		151,951		(151,951)
Total funds		678,568	1,233,212	(811,868)		1,099,912
						Balance at
						31March
		Balance at1 April 2020 f	Incoming resources f	Resources expended f	Transfers f	2021 f(As restated)
Unrestricted	funds
General
General funds		760,601	622,831	(604,864)		678,568

21 Analysis ofnet assets between	21 Analysis ofnet assets between
		Unrestricted		Total funds at
		funds	Restricted	31March
		General	funds	2022
			f	f
Tangible	fixed assets	482,271		482,271
Current	assets	678,823	42,125	720,948
Current	liabilities	(61,182)	(42,125)	(103,307)
Total net assets		1,099,912		1,099,912
		Unrestricted		Total funds at
		funds	Restricted	31March
		General f	fundsf	2021 f(As restated)
Tangible	fixed assets	330,159		330,159
Current	assets	387,445		387,445
Current	liabilities	(39,036)		(39,036)
Total net assets		678,56S		678,568
22 Analysis ofnet funds
			Financing cash	At31March
		At 1April 2021	flows	2022
		E	F.	E
Cash at bank and in hand		385,696	273,002	658,69&
Debt due within one year		(16,740)	16,740
Net debt		368,956	289,742	658,698
			Financing cash	At31March
		At 1April 2020 f	flows f	2021 f
Cash at bank and in hand		529,749	(144,053)	385,696
Debt due within one year		(18,039)	1,299	(16,740)
Debt due after more than one year		(16,740)	16,740
Net debt'		494,970	(126,014)	368,956

Balance Sheet at 1	April 2020
		As originally
		reported	Restatement f	As restated f
Fixed assets
Tangible assets		292,680		292,680
Current assets
Debtors		1,762		1,762
Cash at bank and in	hand	529,749		529,749
		531,511		531,511
Creditors: Amounts	falling due within one year	(46,850)		(46,850)
Net current assets		484,661		484,661
Total assets less current liabilities		777,341		777,341
Creditors: Amounts	falling due after more than
one year		(16,740)		(16,740)
Net assets		760,601		760,601
Funds ofthe charity
Unrestricted funds		692,751	67,850	760,601
Restricted funds		67,850	(67,850)
Total funds		760,601		760,601

Balance Sheet at31	Marc	h 2021
				As originally
				reported	Restatement	As restated
			Note	E	E	E
Fixed assets
Tangible assets				330,159		330,159
Current assets
Debtors				1,749		1,749
Cash at bank and in	hand			385,696		385,696
				387,445		387,445
Creditors: Amounts	falling	due within one year		(39,036)		(39,036)
Net current assets				348,409		348,409
Net assets				678,568		678,568
Funds ofthe charity
Unrestricted funds				626,522	52,046	678,568
Restricted funds				52,046	(52,046)
Total funds				678,568		678,568
Statement ofFinancial Activities for the year			ended 31	March 2021
				As originally
			Note	reported E	Restatement f	As restated E
Income and Endowments		from:
Donations and legacies				15,700	154,066	169,766
Charitable activities					352,735	352,735
Other trading activities				506,801	(506,801)
Investment income				330		330
Total income				522,831		522,831
Expenditure on:
Charitable activities				(604,S64)		(604,864)
Net expenditure				(82,033)		(82,033)
Net movement in funds				(82,033)		(82,033)