## ## |||Page|| |---|---|---|---| |Report ofthe Trustees|1|to|3| |Report ofthe Independent
Auditors|4|to|6| |Statement ofFinancial Activities|||| |Balance Sheet|||| |Cash Flow Statement|||| |Notes to the Cash Flow Statement||10|| |Notes to the Financial Statements|11|to|17| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||||2023|2022| |---|---|---|---|---|---|---|---| |||||Unrestricted|Restricted|Total|Total| |||||funds|funds|funds|funds| ||||Notes|F|E|E|F| |INCOME AND ENDOWMENTS||FROM|||||| |Donations
and legacies||||7,276||7,276|9,566| |Charitable
activities|||||||| |Charitable
Activities||||100,424|125,533|225,957|239,651| |Other trading
activities|||4|1,079,952||1,079,952|706,650| |Total||||1,187,652|125,533|1,313,185|955,867| |EXPENDITURE ON|||||||| |Raising funds||||30,510||30,510|16,875| |Charitable
activities|||||||| |Charitable
Activities||||1,096,655|23,080|1,119,735|906,160| |Total||||1,127,165|23,080|1,150,245|923,035| |NET INCOME||||60,487|102,453|162,940|32,832| |Transfers
between|funds||18|148,290|(148,290)||| |Net movement
in funds||||208,777|(45,837)|162,940|32,832| |RECONCILIATION|OF FUNDS||||||| |Total funds brought|forward|||404,630|45,837|450,467|417,635| |TOTAL FUNDS CARRIED FORWARD||||613,407||613,407|450,467| ## ## |||||2023|2022| |---|---|---|---|---|---| |||Unrestricted|Restricted|Total|Total| |||funds|funds|funds|funds| ||Notes|f|E|f|| |FIXEDASSETS|||||| |Tangible assets|13|394,117||394,117|261,362| |CURRENT ASSETS|||||| |Stocks|14|9,287||9,287|8,196| |Debtors|15|22,238||22,238|10,922| |Cash at bank and in hand||307,990|13,595|321,585|247,420| |||339,515|13,595|353,110|266,538| |CREDITORS|||||| |Amounts
falling due within one year|16|(120,225)|(13,595)|(133,820)|(77,433)| |NET CURRENT ASSETS||219,290||219,290|189,105| |TOTAL ASSETSLESSCURRENT LIABILITIES||613,407||613,407|450,467| |NET ASSETS||613,407||613,407|450,467| |FUNDS|18||||| |Unrestricted
funds||||613,407|404,630| |Restricted funds|||||45,837| |TOTAL FUNDS||||613,407|450,467| ## ||||CASH FLOW STATEMENT|| |---|---|---|---|---| ||FOR||THE YEAR ENDED 31STMARCH 2023|| ||||2023|2022| ||||Notes|E| |Cash flows from operating|activities|||| |Cash generated
from operations|||238,026|87,436| |Net cash provided
by operating
activities|||238,026|87,436| |Cash flows from investing|activities|||| |Purchase oftangible fixed assets|||(163,861)|(54,220)| |Net cash used
in investing
activities|||(163,861)|(54,220)| |Change
in cash and cash|equivalents|in||| |the reporting
period|||74,165|33,216| |Cash and cash equivalents|at the|||| |beginning
ofthe reporting|period||247,420|214,204| |Cash and cash equivalents|at the end|of||| |the reporting
period|||321,585|247,420| ## ## ## |RECONCILIATION|OF NET I|NCOME TO NET CASH FLOW FROM OPERATIN|G ACTMTIES|| |---|---|---|---|---| ||||2023f|2022| |Net income for the|reporting|period (as per the Statement ofFinancial||| |Activities)|||162,940|32,832| |AdJustments
for.||||| |Depreciation
charges|||31,108|20,285| |(Increase)/decrease|in stocks||(1,091)|4,851| |Increase
in debtors|||(11,316)|(6,692)| |Increase
in creditors|||56,385|36,160| |Net cash provided|by operations||238,026|87,436| ## ## |ANALYSIS OF C|HANGES
IN NET FUNDS|||| |---|---|---|---|---| |||At 1.4.22|Cash flow|At 31.3.23| ||||F|E| |Net cash||||| |Cash at bank and|in hand|247,420|74,165|321,585| |||247,420|74,165|321,585| |Total||247,420|74,165|321,585| # ## ## ## ## ## ## ## ||||||||2023|2022| |---|---|---|---|---|---|---|---|---| ||||||||F|F| ||Donations||||||7,276|4,886| ||Grants|||||||4,680| ||||||||7,276|9,566| ||Grants received,|included||in the|above, are|as follows:||| ||||||||2023|2022| ||Other grants|||||||4,680| |4.|OTHER TRADING||ACTIVITIES|||||| ||||||||2023|2022| ||||||||F|F| ||Pool income||||||1,026,377|670,966| ||Swimshop
income||||||50,479|31,592| ||Dryers and recharges||||||3,096|4,092| ||||||||1,079,952|706,650| |5.|INCOME FROM|CHARITABLE|||ACTMTIES|||| ||||||Activity||2023f|2022| ||Grants||||Charitable|Activities|225,957|239,651| ||Grants received,|included||in the|above, are|as follows:||| ||||||||2023|2022| |||||||||F| ||Annual
operational||support|grant|||100,000|100,001| ||Other grants||||||125,957|139,650| ||||||||225,957|239,651| |6.|RAISING FUNDS|||||||| ||Other trading activities|||||||| ||||||||2023|2022| ||Opening
stock||||||8,193|13,047| ||Purchases||||||31,605|12,021| ||Closing stock||||||(9,288)|(8,193)| ||||||||30,510|16,875| ## ## ## ## ## ## |||||||||Support|| |---|---|---|---|---|---|---|---|---|---| ||||||||Direct|costs (see|| ||||||||Costs
f|note 8)
f|Totals| |Charitable|Activities||||||1,036,621|83,114|1,119,735| |SUPPORT COSTS|||||||||| |||||||Human||Governance|| |||||Finance||resources|Other|costs|Totals| ||||||||f||f| |Charitable|Activities||||2,285|8,423|60,206|12,200|83,114| |NET INCOME/(EXPENDITURE)|||||||||| |Net income/(expenditure)||is stated||after charging/(crediting):|||||| |||||||||2023f|2022f| |Auditors'|remuneration|||||||6,000|5,000| |Depreciation
-owned assets||||||||31,106|20,285| |TRUSTEES' REMUNERATION|||AND||BENEFITS||||| ## ## |STAFF COSTS||||| |---|---|---|---|---| ||||2023|2022f| |Wages and salaries|||666,568|562,337| |Social security costs|||29,934|25,570| |Other pension costs|||3,208|2,262| ||||699,710|590,169| |The average
monthly|number ofemployees|during the year was as follows:||| ||||2023|2022| |Average employees|||76|49| ## ## ||NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31STMARCH 2023|NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31STMARCH 2023|NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31STMARCH 2023|NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31STMARCH 2023||| |---|---|---|---|---|---|---| |12.|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES|||||| |||||Unrestricted|Restricted|Total| |||||funds|funds|funds| |||||E|F|E| ||INCOME AND ENDOWMENTS||FROM|||| ||Donations
and legacies|||4,886|4,680|9,566| ||Charitable
activities|||||| ||Charitable
Activities|||195,049|44,602|239,651| ||Other trading
activities|||706,650||706,650| ||Total|||906,585|49,282|955,867| ||EXPENDITURE ON|||||| ||Raising funds|||16,875||16,875| ||Charitable
activities|||||| ||Charitable
Activities|||902,976|3,184|906,160| ||Total|||919,851|3,184|923,035| ||NET INCOME/(EXPENDITURE)|||(13,266)|46,098|32,832| ||Transfers
between|funds||45,720|(45,720)|| ||Net movement
in funds|||32,454|378|32,832| ||RECONCILIATION|OF FUNDS||||| ||Total funds brought|forward||372,177|45,458|417,635| ||TOTAL FUNDS CARRIED FORWARD|||404,631|45,836|450,467| |13.|TANGIBLE FIXEDASSETS|||||| |||||Plant and|Computer|| |||||machinery|equipment|Totals| |||||||F| ||COST|||||| ||At 1st April 2022|||323,128|1,214|324,342| ||Additions|||151,161|12,700|163,861| ||At 31stMarch 2023|||474,289|13,914|488,203| ||DEPRECIATION|||||| ||At 1stApril 2022|||62,245|735|62,980| ||Charge for year|||29,687|1,419|31,106| ||At 31stMarch 2023|||91,932|2,154|94,086| ||NET BOOK VALUE|||||| ||At 31st March 2023|||382,357|11,760|394,117| ||At 31st March 2022|||260,883|479|261,362| ## ## |14.|STOCKS||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---| |||||||||||2023|2022
f| ||Stocks|||||||||9,287|8,196| |15.|DEBTORS:AMOUNTS||||FALLING DUE WITHIN||ONE YEAR||||| |||||||||||2023
f|2022
f| ||Trade debtors|||||||||17,660|| ||Prepayments|and accrued||||income|||||9,720| ||Prepayments|||||||||4,578|1,202| |||||||||||22,238|10,922| |16.|CREDITORS: AMOUNTS|||||FALLING DUE WITHIN ONE YEAR|||||| |||||||||||2023|2022| |||||||||||f|f| ||Trade creditors|||||||||14,764|| ||Social security|and|other||taxes|||||1,586|6,936| ||Accruals and deferred|||income||||||13,595|| ||Accrued expenses|||||||||103,875|70,497| |||||||||||133,820|77,433| |17.|LEASING AGREEMENTS||||||||||| ||Minimum
lease payments|||||under non-cancellabie|operating|leases fall due as follows:|||| |||||||||||2023
f|2022
f| ||Within one year|||||||||498|498| ||Between one|and five||years||||||1,246|1,744| |||||||||||1,744|2,242| |18.|MOVEMENT|IN FUNDS|||||||||| ||||||||||Net|Transfers|| ||||||||||movement|between|At| ||||||||At 1.4.22
f||in funds
f|funds|31.3.23
f| ||Unrestricted|funds|||||||||| ||General fund||||||404,630||60,487|148,290|613,407| ||Restricted funds||||||||||| ||Heating
Distribution||Plant||||44,787|||(44,787)|| ||Restricted||||||1,050||102,453|(103,503)|| ||||||||45,837||102,453|(148,290)|| ||TOTAL FUNDS||||||450,467||162,940||613,407| ## ## ## |Net movement|in funds,|in funds,|included|included|included|in the above|are|as follows:|||| |---|---|---|---|---|---|---|---|---|---|---|---| ||||||||||Incoming|Resources|Movement| ||||||||||resources|expended|in funds| ||||||||||F|F|| |Unrestricted|funds||||||||||| |General fund|||||||||1,187,652|(1,127,165)|60,487| |Restricted funds|||||||||||| |Restricted|||||||||125,533|(23,080)|102,453| |TOTAL FUNDS|||||||||1,313,185|(1,150,245)|162,940| |Comparatlves|for|movement|||in|funds|||||| ||||||||||Net|Transfers|| ||||||||||movement|between|At| |||||||||At 1.4.21|in funds|funds|31.3.22| |||||||||||F|F| |Unrestricted|funds||||||||||| |General fund||||||||372,177|(13,267)|45,720|404,630| |Restricted funds|||||||||||| |Heating
Distribution||Plant||||||13,443|27,554|3,790|44,787| |Restricted||||||||32,015|18,545|(49,510)|1,050| |||||||||45,458|46,099|(45,720)|45,837| |TOTAL FUNDS||||||||417,635|32,832||450,467| |Comparative|net movement|||in|funds, included||in the above are as follows:||||| ||||||||||Incoming|Resources|Movement| ||||||||||resources
f|expended|in funds| |Unrestricted|funds||||||||||| |General fund|||||||||906,584|(919,851)|(13,267)| |Restricted funds|||||||||||| |Heating
Distribution||Plant|||||||29,936|(2,382)|27,554| |Restricted|||||||||19,347|(802)|18,545| ||||||||||49,283|(3,184)|46,099| |TOTAL FUNDS|||||||||955,867|(923,035)|32,832| ## ## ##