| Page | |
|---|---|
| Trustees' annualreport (incorporating the director's report) | |
| Independent auditor's report to the members | |
| Statementoffinancial activities (including income and | |
| expenditure account) | 13 |
| Statementoffinancial position | 14 |
| Statementofcash flows | 15 |
| Notes to the financial statements | 16 |
| 2024 | 2023 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | ||||
| funds | funds | Totalfunds | Total funds | ||
| Note | £ | £ | £ | £ | |
| Income and endowments | |||||
| Donations and legacies | 4 | 902 | 7,224 | 8,126 | 15,871 |
| Charitable activities | 5 | 120,251 | 60,354 | 180,605 | 230,957 |
| Othertrading activities | 6 | 1,128,248 |
- |
1,128,248 |
1,079,952 |
| Total income | 4,249,401 |
67,578 |
1,316,979 |
1,326,780 |
|
| Expenditure | |||||
| Expenditure on raising funds: | |||||
| Costs of raising donations and | |||||
| legacies | 7 | 28,035 | — | 28,035 | 30,510 |
| Costs of othertrading activities | 8 | 1,294,021 |
13,739 |
1,307,760 |
1,119,735 |
| Total expenditure | 1,322,056 |
13,739 |
1,335,795 |
1,150,245 |
|
| Net (expenditure)/income and net | |||||
| movementin funds | (72,655) | 53,839 | (18,816) | 176,535 | |
| Reconciliation offunds | |||||
| Total funds brought forward | 627,002 | _ |
627,002 |
450,467 |
|
| Total funds carried forward | 554,347 |
53,839 |
608,186 |
627,002 |
| 2024 | 2023 | ||
|---|---|---|---|
| (restated) | |||
| Note | £ | ||
| Fixed assets | |||
| Tangible fixed assets | 12 | 471,088 | 394,117 |
| Current assets | |||
| Stocks | 13 | 9,754 | 9,287 |
| Debtors | 14 | 32,714 | 22,238 |
| Cash at bank and in hand | 209,496 |
321,585 |
|
251,964 |
353,110 |
||
| Creditors: amounts falling due within one year | 15 | 114,866 |
120,225 |
| Net current assets | 137,098 |
232,885 |
|
| Total assets less currentliabilities | 608,186 |
627,002 |
|
| Net assets | 608,186 |
627,002 |
|
| Fundsofthe charity | |||
| Restricted funds | 53,839 | - | |
| Unrestricted funds | 554,347 |
627,002 |
|
| Total charity funds | 17 | 608,186 |
627,002 |
| 2024 | 2023 | |
|---|---|---|
| (restated) | ||
| £ | ||
| Cash flows from operating activities Net (expenditure)/income |
(18,816) | 176,535 |
| Adjustmentsfor: Depreciation oftangible fixed assets Accrued (income)/expenses |
42,518 (48,201) |
31,106 33,378 |
| Changesin: Stocks Trade and other debtors Trade and other creditors |
(467) (8,876) 41,242 |
(1,094) (11,313) 9,414 |
| Cash generated from operations | 7,400 | 238,026 |
| Net cash from operating activities | 7,400 | |
| Cash flows from investing activities Purchase oftangible assets Proceeds from sale oftangible assets |
(122,985) 3,496 |
(163,861) |
| Net cash used in investing activities | (119,489) |
(163,861) |
| Net (decrease)/increase in cash and cash equivalents | (112,089) | 74,165 |
| Cash and cash equivalents at beginning ofyear | 321,585 |
247,420 |
| Cash and cash equivalents at end ofyear | 209,496 |
321,585 |
| Unrestricted | Restricted | Total Funds | |
|---|---|---|---|
| Funds | Funds | 2024 | |
| £ | £ | £ | |
| Donations | |||
| Donations | 902 | 7,224 | 8,126 |
| Unrestricted | Restricted | Total Funds | |
| Funds | Funds | 2023 | |
| (restated) | |||
| £ | £ | £ | |
| Donations | |||
| Donations | 7,276 | 8,595 | 15,871 |
| Charitable activities | |||
| Unrestricted | Restricted | Total Funds | |
| Funds | Funds | 2024 | |
| £ | £ | £ | |
| Other grants | 40,251 | 60,354 | 100,605 |
| Annual operational support grant | 80,000 |
- | 80,000 |
120,251 |
60,354 | 180,605 |
| Unrestricted | Restricted | Total Funds | ||
|---|---|---|---|---|
| Funds | Funds | 2023 | ||
| (restated) | ||||
| £ | £ | |||
| Other grants | 424 | 130,533 | 130,957 | |
| Annual operational support grant | 100,000 |
— |
100,000 |
|
100,424 |
130,533 |
230,957 |
||
| Othertrading activities | ||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | |
| Funds | 2024 | Funds | 2023 | |
| (restated) | ||||
| £ | £ | £ | £ | |
| Swim shop income | 43,233 | 43,233 | 50,479 | 50,479 |
| Pool income | 1,073,495 | 1,073,495 | 1,026,377 | 1,026,377 |
| Dryers and recharges | 11,520 | 11,520 | 3,096 | 3,096 |
1,128,248 |
1,128,248 |
1,079,952 |
1,079,952 |
| Unrestricted | Total Funds | Unrestricted | Total Funds | |
|---|---|---|---|---|
| Funds | 2024 | Funds | 2023 | |
| (restated) | ||||
| £ | £ | £ | ||
| Costs of raising donations and | ||||
| legacies—swim shop | 28,035 | 28,035 | 30,510 | 30,510 |
| Unrestricted | Restricted | Total Funds | ||
|---|---|---|---|---|
| Funds | Funds | 2024 | ||
| £ | £ | £ | ||
| Charitable | activities | 1,294,021 | 13,739 | 1,307,760 |
| Unrestricted | Restricted | Total Funds | ||
| Funds | Funds | 2023 | ||
| (restated) | ||||
| £ | £ | £ | ||
| Charitable | activities | 1,096,655 | 23,080 | 1,119,735 |
| 2024 | 2023 | |
|---|---|---|
| (restated) | ||
| £ | ||
| Depreciation oftangible fixed assets | 42,518 | 31,106 |
| Auditors' remuneration | 9,600 | 6,000 |
| 2024 | 2023 | |
|---|---|---|
| (restated) | ||
| £ | £ | |
| Wagesand salaries | 740,170 | 666,568 |
| Social security costs | 38,123 | 29,934 |
| Employercontributions to pension plans | 4,733 |
3,208 |
783,026 |
699,710 |
| 2024 | 2023 | |
|---|---|---|
| No. | No. | |
| Operational employees | 72 | 74 |
| Management employees | 2 | 2 |
| 74 | 76 |
| Plant and | Computer | |||
|---|---|---|---|---|
| machinery | Equipment | Total | ||
| £ | £ | £ | ||
| Cost At 1 April 2023 (as restated) Additions Disposals |
474,289 121,472 (7,719) |
13,914 1,513 |
488,203 122,985 (7,719) |
|
| At 31 March 2024 | 588,042 |
15,427 | 603,469 |
|
| Depreciation At 1 April 2023 Charge forthe year Disposals |
91,932 38,036 (4,223) |
2,154 4,482 |
||
| At 31 March 2024 | 125,745 | 6,636 | ||
| Carrying amount | ||||
| At 31 March 2024 | 8,791 | |||
| At 31 March 2023 | 11,760 | |||
| 13. | Stocks | |||
| 2024 | 2023 | |||
| (restated) | ||||
| £ | ||||
| Stocks | 9,754 | 9,287 | ||
| 14. | Debtors | |||
| 2024 | 2023 | |||
| (restated) | ||||
| £ | £ | |||
| Trade debtors | 21,359 | 17,660 | ||
| Prepayments and accrued income | 11,355 | 4,578 | ||
| 32,714 | 22,238 | |||
| 15. | Creditors: amountsfalling due within one year | |||
| 2024 | 2023 | |||
| (restated) | ||||
| £ | £ | |||
| Trade creditors | 20,634 | 14,764 | ||
| Accruals and deferred income | 82,018 | 103,875 | ||
| Social security and othertaxes | 11,125 | 1,586 | ||
| Othercreditors | 1,089 |
|||
| 114,866 |
120,225 |
| Unrestricted funds | ||||||
|---|---|---|---|---|---|---|
| At | ||||||
| At | 31 March | 20 | ||||
| 1 April 2023 | Income | Expenditure | Transfers | |||
| £ | £ | £ | £ | |||
| General Funds | 627,002 |
1,249,401 |
(1,322,056) |
|||
| At | 31 March | 20 | ||||
| 1 April 2022 | Income | Expenditure | Transfers | 23 | ||
| £ | g | £ | £ | £ | ||
| General Funds | 404,630 |
1,187,652 |
(1,127,165) |
161,885 |
627,002 | |
| Restricted funds | ||||||
| At | ||||||
| At | 31 March | 20 | ||||
| 1 April 2023 | Income | Expenditure | Transfers | 24 | ||
| £ | £ | £ | £ | F | ||
| Heating Distribution | ||||||
| Plant | - | 52,280 | (2,513) | 49,767 | ||
| Other Restricted Funds | _ | 15,298 | (11,226) | 4,072 | ||
| _ | 67,578 | (13,739) | 53,839 | |||
| At | ||||||
| At | 31 March | 20 | ||||
| 1 April 2022 | Income | Expenditure | Transfers | 23 | ||
| £ | £ | £ | £ | £ | ||
| Heating Distribution Plant Other Restricted Funds |
44,787 1,050 |
13,595 125,533 |
_ (23,080) |
(58,382) (103,503) |
||
| 45,837 | 139,128 |
(23,080) | (161,885) |
| Unrestricted | Restricted | Total Funds | ||
|---|---|---|---|---|
| Funds | Funds | 2024 | ||
| £ | £ | £ | ||
| Tangible fixed assets | 421,321 | 49,767 | 471,088 | |
| Current assets | 247892 | 4,072 | 251,964 | |
| Creditors less than 1 year | (114,866) |
_ | (114,866) |
|
| Net assets | 554,347 |
53,839 | 608,186 |
|
| Unrestricted | Restricted | Total Funds | ||
| Funds | Funds | 2023 | ||
| £ | £ | £ | ||
| Tangible fixed assets | 394,117 | - | 394,117 | |
| Current assets | 353,110 | - | 353,110 | |
| Creditors less than 1 year | (120,225) |
- | (120,225) |
|
| Net assets | 627,002 |
627,002 |
||
| 19. | Prior year adjustments | |||
| The prior period has been restated to recognise the income from | grants and donations on a | |||
| performance basis. The impact ofthese adjustments is presented below: | ||||
| Previously stated | Adjustment | Re-stated | ||
| £ | £ | £ | ||
| Deferred income and accruals | 13,595 | (13,595) | - | |
| General unrestricted funds | 613,407 | 13,595 | 627,002 | |
| 20. | Analysis ofchanges in net debt | |||
| At | ||||
| At 1 Apr 2023 | Cash flows | 31 Mar 2024 | ||
| £ | £ | £ | ||
| Cash at bank and in hand | 321,585 |
(112,089) |
209,496 |
|
| 21, | Operating lease commitments | |||
| The total future minimum lease payments under | non-cancellable operating leases are as follows: | |||
| 2024 | 2023 | |||
| (restated) | ||||
| £ | £ | |||
| Not laterthan 1 year | 498 | 498 | ||
| Laterthan 1 year and notlaterthan 5 years | 748 | 1,246 | ||
| 1,246 | 1,744 | |||
| 22. | Related parties |