Charlty reglstratlon number 1170729
Company reglstratlon number CE009368 IEngland and Wales)
HOLYWELL LEISURE CENTREICANOLFAN HAMDDEN TREFFYNNON
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THEYEAR ENDED 31 MARCH 2024
) Hargreaves & Woods
CHARTERED ACCOUNTANT5 & BUSINESS ADVISERS

HOLYWELL LEISURE CENTREICANOLFAN HAMDDEN TREFFYNNON
CONTENTS
Page
Leg81 and administratlV8 information
Tnjstees. report
Independent examiner's repr)rt
Statement ol finanelal activities
Balanc8 sheet
Slatement of cash flows
Notes lo the financial st2tem8nts
10-19

HOLYWELL LEISURE CENTREICANOLFAN HAMDDEN TREFFYNNON
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Mr Leonard Jones
Dr Mark Rowlands
Ms Carmel Mccarth
MrAdam Parry
Mr Paul Islip
Ms Magali Lov611-Pasea1
Charity number
1170729
Company numbèr
CE009368
Reglstered office
Ho5ywell Lgisure Centre
North Road
Holywell
Flinlshi¥e
CH8 7TQ
Ind8pèndent examiner
Jamos Hargr6av6s FCA
Cholmondeley House
Dee Hills Park
Chester
Cheshlre
CH3 SAR

HOLYWELL LEISURE CENTREICANOLFAN HAMDDEN TREFFYNNON
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 MARCH 2024
The trusteès p￿sent Iheir annual report and financial statements foi the year ended 31 March 2024.
The financial statements have been propar£d in accordance with the accotJntiDg poli¢ies set out in note 1 to the
financial statements and comply with the charity's conslitulion, the Companies Act 2006 and "Accounting and
Reporting by Charities.. Siatemenl ol Recommended Practice applicable lo charilies preparing their accounts in
aecordance with the Flnancial Reporting Stsndard applicable in the UK and Republic ol Ireland IFRS
1021 leffectlve 1 January 20191.
HolyNell LeisurE Centre is a Charitable Incorporated Organisalion ICIOI regislerecf ￿ryth the Charity Commission
Inumber 11707291. Their constitution was adopted on 1211012016 and was entered on the Charity Commission
register on 1311212016.
The Leisure Centre building is operated on a 27 year lease from Flintshire County Council for the period 2017.2044,
Objè¢tlvÈ$ and a¢livities
The objèclive8 of th8 charity ar8 lo pmvidè a rang6 of lelsur6, SPOrtSng, health and soelal faullties primarlly run by
the community, for th8 community, in the most inclusive way possib16. In doing s(), it aims to cater for, and improve
upon, ffte physical, soci81 and m8nlal w8llb8ing of all its membèrs and visitors.
Th¢ Iruslees have pald due regard lo guldance Issued by the Charity Commlssion in decldlng what activllies the
¢harily should undertake. IM particular, they have considered how the activities tsffeied will contribute to the aims
and obje¢lives sel. The Iruslees are commilled to eq￿al acces5 for all.
Public benefit
The trustees have paid due regard lo guidance issued by Ihe Chaiily Commission in deciding whal activities the
charity should undertake.
Aclivilies
Tha centre provides a wide range ol competitive and personal fitness Sports, leisure pu¥suils. social aclivities and
he81th benefits to all Sgtt groups and abilities. Users can a¢￿SS a variety of facilities including the swimming pool,
OLrtdoor all woalher pitch, sports hall, crlcket nel Iraining, commuiiilyldance stu(5io, café, soft play, squash courts.
library, meeting rcioms and fully equlpped gym. In addS1ion, the lelsure centre team man2ge oul of school hours
access lo the sports hall and outdoor all w8ath8r piteh at Ysgol Tr8ffynnon High SeJ)ool.
AchÈevements and performance
Swnilicanl aclivities and a¢hiovements gg8insI objecliv&s
Improved Communications
With the support from Flintshire County Councils "Emergency Reserve FurKJ" we
were able to employ Amy Lewis as our "Marketing and Communicatlons M3nagel' frum Feb 23. Atny h<lS made a
slgllilicant contribution by improving our communications both interllally and to our customeis. The ￿Ebsite and
Social media platfoms have been transform8d and wo nc>w have over 3000 follow8rs on Fac8book alonè. We also
had an Open Day in the summer when the whole ¢entre was availabl& for use free of charge. This was extremely
well attended aiid an excellent promolion ol ihe cenlre.
Amy has also began lo compile detailed breakdowns of our revenue slrearns so wo wlll be abl& to have yea¥ on
year comparisons in 2024.
We also introduced a customer suggestion box and acted on the results. For example. rfrpalntlng ell the ggme Ilnes
on the swrts hall floor whlch had become fad8d.
New facilitle8
Wg have introduced new Yoga classes, extended Boot Camp classes and re-furblshed the gym
with new equipment. mirrors and Ilghting. Indoor cricket training is now Itjlly booked thanks to the new nels we have
installed.

HOLYWELL LEISURE CENTREICANOLFAN HAMDDEN TREFFYNNON
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Energy - Incre£islng energy costs were a ¥eal challenge as we came out of our fixed price deals in March 23 for
61eclricity and D2cetnber 23 lor Gas. We had support fronTr Flintshire County Council in this year lo help mitigate tho
increas8. We also had LED lighting ènd solar panels installed in June which were funded by a Sports Wales Grant
that we successfully applied for in 2022.
Flnanclal revlew
Despite the Challenges around energy costs, and the cost of Ilving inu6as8s for our customers. the overall financAal
performance was pleasing.
Total Inoorne was £981,792 from sales turnover 2nd grant support to Mar¢h 31st 2024. This comprises of sales
income £774,785, grants of £171,341 ar)d invoslmenl incomo of £35,66fj. Expenditure totalled £987,411 which
resulted in a loss of £5,619. Our contingency fund account stands at £162,101 8nd o carry forward amount in the
business account of £144.541.
Our ongoing granls provided by the local county. town and community councils ar8 as follows.
Flintshire CC £97,418
Holywell TC £10,0(K)
Local Communily Coltneils £1.350
Reserv8spoIiGy
It is the policy of tha charity (hal unrestricted funds which have not been designated for a specific use should be
mainlained at a level equivalent lo at least 3 months core expenditure. The trustees consider that reserves al this
level will ensure that, in the event o* a slonificant drop in fundlng, they wlll be able lo continue the charity's ¢urrgnl
8clivities while consideration is given lo ways in which additional funds may be raised. Given the prevailing diffi¢ull
e¢onomic climate, it has not been possible lo to maintain this lev81 of r8setve durlng the ye8r. A review of this policy
lo establish appropriate future reserves is curr&ntEy in work.
en
8 and Liabiliti
Thgre 8r8 legal requirements for the business lo m881 pred¢l(3rmine¢ standg¥ds and for regulai testing and
certification relating to th8 safety ol our customers and employ888. Thore include chloiine levels in thB swimming
pool. Legionella testing in tho water supply. alarm testing and lire equipment inspections.
We continu¢ lo pay back the Bounceback Loan s18rt8d in 2021 at £10,400 PA ovor 5 years.
We also had an EU grant of £60.000 for the new boilèr Instèllalion in 2019. Repayment is triggered by reaching
specifi¢ tUTnover figures. Repayments have started at £108 por month and will be adjusted annually.
Inveslmenl poliGY
The truslees intend that all lulure surplus income is retained by th8 centre and reinvestèd back into the facility.
Funds are held by HSBC whlch allow for easy access and management of Ihe day lo d8y ac¢ounts.

HOLYWELL LEISURE CENTREICANOLFAN HAMDDEN TREFFYNNON
TRUSTEES, REPORT {INCLUDING DIRECTORS, REPORTI ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2024
Plans for future periods
W6 will continue to drive increased awareness of the ￿ntre and all it can offer to the communily Ihrough the
wgbsil¢ and social media.
Prices musl romain competitive and offer gro81 value lo our customers. We must therefore locus on improved
8ffi'Gien¢ies, reduced expenditure. additional revenue streams and grant applications.
We need lo fully understand the ele¢lric usage hy month and the savings generated by the solar pomer system.
This may justify an invostmonl in baltory sloragc if Ihore is sutricienl surplus generated. Energy cost increases
remain our single grealesl financial challenge by a long way.
A lotal business has approached IhÈ centre to Tun a crèehe in the old Health Suite. This ￿Uld sla rt in the Autumn of
2024 subject io due diligence and contract agreement.
Tho new outdwy pitth playing surface should be installed by October 2024 and we are looking to refurbish the
squash courts and pool side changing room lockers (subject lo fundingl.
The one to one NERS (National Exer¢iso Refetral scheme) wailirig list is vory knng so wo will b8 Initiating a Well
Being Mombership with classes for peopl8 who want to become more aclive bul cso not need one lo one
¢ommitmenl.
Structurei govaynancè and managemènt
The d)arily is a company limited by guarantee.
The Iruslees, who are 8150 the director5 for the purpose of company13w, and who served during the year and up lo
the date of signature of th8 fin8ncig1 statements wère..
Mr Leonard Jones
Dr Mark Rowl2nds
Ms Carmel Mccarth
MrAdam Parry
Mr Paul Islip
Ms Magali Lovell-P8scal
Recruilm&ntand appointmenl of Iwslees
None of th8 trusle8s have any bentsficial interest in the CIO. All the trustees Bre members of the CIO and guarantee
to contribute £1 in th8 av8nt of a winding up.
The board ol trustees is assisted by non-vollng voluntary associates who provide speciallsl and expert asslsiance
{when requiredl logethei with the c0￿1rdLtgd seiiior mdniig7gmenl tedm ul Ilie Leritre.
There wust be at least 3 truslees on the Board which m&&ts On￿ par month. There is also a Fin2nce Commiltee
whlch usualty meets once per month purely to Teview the fin3nces of the cenlre.
The tiustees oversee the CIO and exercise all tho powers of the CIO including the appointment of Iruslees,
middle and s6llior management staff and consultants.
The cornpanls current policy conceming the payment of Irade credilurs is to follow Ilie CBI'S Pronpl Payers Code
Icoptes are available fmm the CBI, Centre Point, 103 New Oxford Street, London WC1A 1DUI.
The companls current polÈcy canc8ming th8 payment of trade creditors is to..
settle the terms of payment walh suppli8rs when 8greoing the terms of each Iransaclion.,
ensur& that supplie¥s are made aware of the terms of payment by inclusion ol the relevant terms in contracts-
and
pay in accordan¢6 with the company's ctsnlractual and olher legal obligalions.

HOLYWELL LEISURE CENTREICANOLFAN HAMDDEN TREFFYNNON
TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Offter mètler8
There is a very positlv8 cuttur8 at the centre wlth 8 good team elhlc. The B08rd of Trust88s would Ilk8 to p18c8 on
record thelr thanks to 811 the eFnployee5 who 811 work extremely hard to maintain our position al Tho Heart of the
Communlly.
The trustaas, f8POrt W8S 8pprov8rS by th8 808rd of Trust88S.
Mr Paul Isllp
Tru8t••
26 NovgrnbÈr 2024

HOLYWELL LEISURE CENTREICANOLFAN HAMDDEN TREFFYNNON
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF HOLYWELL LEISURE CENTREICANOLFAN HAMDDEN
TREFFYNNON
I report to the trustees on my examination ol the financial slalements of Holywell Leisure Centrelcanollan Hamdd8n
Treffynnon Ithe charity) for the year ended 31 March 2024.
Responsibilities and basis of report
As the trustees of th8 charity land also its directors for the puipose5 of company lawl you are responsible lor the
pr8paration of the financial statements in accordanc8 with th8 requirements of th& Compani8s Act 20{￿ (the 2006
A¢tl
Having satlsfied myself that the financial statements ol the charily are not required to be audited under Part 16 01
the 2006 Act and are 91igib18 for independent ex8rnination, I report in respect of my examination ol the charity's
finznci81 statements carried out under section 145 01 the Charities Act 2011 (the 2011 Act). In carrying out my
exarninalion I have followed all the applicable Directions given by the Charity Commission under section 14515llbl
of the 2011 Act.
Independent examiner'5 Statement
Since the charity's gross income exceeded £250.000 your examiner must be a member of a body listed in section
145 of the 2011 Act. I confirm that l am qualified lo undertake the examination because l am a member ol ICAEW,
which is one of the listed bodies.
I have completed my examination. I ￿nfIrM that llo rnatlers have com6 to my attention in connection with the
examination giving me cause to believe that in any material respg¢t..
accounting records were not kept in respect of the charity as ￿qUIred by section 386 01 the 2006 Act. or
the financial statements do not accord with those records.. or
the financial statements do not comply with the accounting requirernents of section 396 01 the 2006 Act oth8r
than any requirement that the accounts give a true and fair view which is not a matter considered as part of an
independent examination., or
the financlal slalements have not been prepared in accordance wqlh the methods and principles of the
statement ol Recommended Practice lor accounting and reporting by charities appli¢ab18 to charities
preparillg their accounts in accordance with the Financial Reporting Standard applicable in the UK arKI
Republic of Ireland IFRS 1021.
I have no concerns and have Gome across no other matters in conn8clion with thè examlnatlon to whlch atlentlon
should be drawn In this report in order to enable a proper understanding of the financial statements to be reaehed.
Jame5 Haygreaves
Cholmondeley House
Dee Hills Park
Chester
Cheshire
CH3 SAR
DÈted.' 27 November 2024

HOLYWELL LEISURE CENTREICANOLFAN HAMDDEN TREFFYNNON
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2024
Unrestricted
funds
2024
Rèstrlctèd
funds
2024
Total
Unrestricted
funds
2023
2024
Notes
Income from..
Donations and legacies
Charilablo activities
Invtsslments
162,446
774,785
35,666
8,895
171.341
774,785
,666
196.958
656,535
24,295
Total income
972,897
8,895
981,792
877,788
Expendlture on:
Raising funds
Charilable aclivllles
3.425
975,091
3,425
983,986
4,601
914,606
8,895
Total expendlture
978,516
8,895
987,411
919,207
Net expenditure and movement In funds
15,6191
15.6191
141.4191
Reconciliation of funds..
Fund balances at 1 April 2023
167,720
167.72Q
209,139
Fund balances at 31 March 2024
162,101
162,101
167,720
The statemenl of financAal acti￿￿eS includes all galns and loss$s ￿¢ognIsed in the year. All income and expenditure
derive from conlinuittg activities.

HOLYWELL LEISURE CENTREICANOLFAN HAMDDEN TREFFYNNON
BALANCE SHEET
ASAT31 MARCH2024
2024
2023
Notes
Flxed J53ets
Tangible assets
13
487.978
290,994
Current assets
Stocks
Dablors
Cash al bank and in hgn
14
15
2,022
54,284
144,541
2,064
23.589
191,891
200,847
217,544
Credltor$: amounts falllng due wlthln
ono year
17
154,978)
163,3441
Nat currnnt assèts
145.869
154,200
Total assets les5 current IlabllStles
633,847
445,194
Crgditor5- amoLrnts falllng dug Jftgr
mor¢ than one y*ar
1471.746)
1277.4741
Net assets excludlng pen91on 11oblllty
162,101
167,720
Net assets
162,101
167.720
The fund5 of the charlty
Unr8stflGtpd funds
162,101
167.720
162.101
167,720
The company Is entltled lo the exempllon from the audlt requirement conlalned In secilon 477 01 the Companles Acl
2006, lor the y¢ar ended 31 March 2024.
The direclors acknowledge Iheir responsibilities for complying with the requirements of Ihe Companies Ael 2006
wllh respecl to accounllng records and the preparallon ol finan(#al stalemenls.
The rnemb8rs hav& not required th8 company lo oblaln an audit of Ils flnanclal sl8t&ments for the year In question in
accordance wlth BectSon 476.
These finanoal sialements have been prepared in accordance with the provisions 8ppIic8ble Its companles subject
to the smo11 compan188 rÈulm8.
The ffinand81 stalements were approved by the Iwslges on 26 November 2024
Mr Paul Islip
Truslee
Company registration number CE009368 (England and Wales)

HOLYWELL LEISURE CENTREICANOLFAN HAMDDEN TREFFYNNON
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2024
2024
2023
Notas
Cash flows from operating actlvltles
Cash generated from operations
153.035
49,091
Investing activities
Purchase of tangiblg fixed assets
Investment income re¢eived
{226.2571
35,666
14,7971
24,295
Net cash lused Inllgenerat8d from
Invèsting actlvltles
1190,5911
20.098
Financing activities
Repayment of bank loans
19,7941
19,6051
Nèt eash usad In fSnanclng actlvltlès
19.7941
{9,6051
Net {decre2sellincr8a8e In cash and cash
equlvalents
{47,3501
59.584
Cash and Cash equivalents at baginning of year
191,891
132,307
Cash and cash èqulvalents at end of year
144.541
191,891

HOLYWELL LEISURE CENTREICANOLFAN HAMDDEN TREFFYNNON
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies
Charity Informatlon
Holyw911 Loisuro C¢nlrelGanolfan Hamddttn Trgffynnon Is a Priva￿ company limited by guar8nl$ts
irTrGorpor8tgd in England and Wal85. The r9gislorgd officg is Holywell Leisure Cenlre, North Road, Holywo11,
Flintshire, CH8 7TQ.
1.1 Accounting conv8ntion
The financial slaternents have been p¥epared in acoordance with the oharily's governing document, the
Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic ol
Ireland. I'FRS 102.1 and the Chariti85 SORP 'Accounling and Reporiing by Charities.. Statement ol
Recommended Practice applicable lo charities ptEparing their accounts in accordance with the Finan￿￿1
Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021" l&ff&clivé 1 January 20191. Th8
charity is a Public Benefit Enlily as defined by FRS 102.
The financial slktements are prepared in sterfing, which is the function81 currency ol the charity. Monetary
amounts in thes¢ finan¢i81 statsmonls are round6d lo the nearest £.
The financial statemgnls have been prepared under the historical cost convenllon. The principal accountlng
policies adopted are set out below.
1.2 Going concern
Al the lime ol approving the financial statements. the trustees have a reasonable expectation that the charity
has adequ8te rasources to contlnue In operallonal existence for the foreseeable future. Thus Ihe trustees
Gontinue to adopt the going concem basi5 of accounting in prepariTrg the financial st2tementS.
1.3 Charltable fijnds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable
oblaetives.
R8Stricted funds are subject to specific conditions by donors or grantors as to how they may be used. The
purposes and uses of the restricted funds are set out in the notes to the financial siatements.
Endowmént ltsnds are subject to specific conditions by donors that the capital must be maintalned by the
charity.
1.4 Incomè
Income Is recognised when the charity is legally enlilled to it after any perforrnan¢e ¢onditic)ns hav8 been mel,
the amounts can be measured reliably, and il is probable thal income will be received.
Gash donations are recognised on re¢eipl. ather donations aiE racognised once the charity hag been notili
of the donation, unless performan￿ conditions require deferral of the amount. Income tax recoverable in
relalion lo donalions received unde¥ Gift Aid or deeds ol covenant is recognised at the time ol the donation.
Legacies are reeoonised on receipt or othe￿ise if the charity has been notified of an impending distribution.
the arnount is known. and receipt is expected. If the amount is not known. the legacy is treated as a
contingent asset.
10-

HOLYWELL LEISURE CENTREICANOLFAN HAMDDEN TREFFYNNON
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accountlng policies
{ContiriiJ8dl
1.5 Expenditure
Expenditufft is tEcognised On￿ there Ss a legal or eonstruetive obligation lo transfer economSc benefit lo a
third party, it is probable Ihal a transfer of economie benèllts wlll be required in setllemenl. Énd the amount ol
the obligation can be measured reliably.
Expenditure is clgssified by activity. Th8 Costs of each aclivily a￿ madè up ol Ihg total of dir￿1 costs and
shared costs, including supporE costs involved in undertaking each activity. Dirocl costs attributable to a singl&
activity are allo¢aled directly to that 8ctivily. Shared costs which contribute to more than one activity and
support costs which are not allribulable lo a single activity ar8 apportioned betweeii Ihube <lCtivitEs on a basis
consistent with Ihe use of resources. Central stafl costs are allocated on the basls of tlme spent, and
dépreciation oharges are allocaled on Ihe porlion of the asset's use.
1.fj Tangible flxed assets
Tangible fixed assets are initially measured al eosl and subsequenlly measured at cost or valuation, nét of
depreciation and any irnpairment losses.
Depradation Is recognised so as to write off the cost or valuation of assets less their residual values ovfyr thelr
useful lives on the following bases..
Leasehold improvements
Plant and equlpm8nt
Fixtures and fillings
24. 25 and 30 years straight lin8
20°A reducing balan¢e
20% Teducing balance
The galn or loss arising on the disposal of èn ass8t 18 determined as the dlfference between the sale prc￿ed$
and (he cartyng value of the 85s¢I. and is rocognised in the statement of financial aclivilies.
1.7 Impairmet)t of fixèd ass6ts
At each reporting end date, the charity revlews Ihe carying amounts of ils tangible assets to detemiine
whether the￿ is any indication thal those assets hav& suffered an impairment loss. If any suoh INd￿ation
exists, the recoverable amount of the asset IS 8Stimated in order to determine the extent of th8 impairment
loss Ilf any).
1.8 Stocks
Slocks are stated al the lower Df cosl and estiTMaled selling price less costs to complete and sell. Cost
comprises direct materials and, where appllcabte, dir¢¢l labour costs and those overheads that have been
incurred in bringino the stocks to theii prèsent location and condition. Iletn5 held for distribution al no or
nominal consid¢rallon aro mo8sur8d the lower of replacement cost and c05t.
Net rèÈlisable value is the aslimat8d s8lling pr[￿ less all estimated cos15 of complelton and costs to be
illGurr8d in mart(6llng, s¢lling and distribution.
1.9 Cash and cash equlvalents
Cash and cash equivalents rnclude cash in hand, deposits held al call with banks, other short-lerm liquid
inveslmonls with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown
wéthin borrowing6 in current liabilities.
11

HOLYWELL LEISURE CENTREICANOLFAN HAMDDEN TREFFYNNON
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accountlng policies
Iconllnuèdl
1.10 Financial instruments
The chaTrlty has &12cled lo apply the provislons of Se¢tion 11 'Basic Ftnancial Instruments, and Section 12
'Other Financial Instruments Issues, of FRS 102 lo all of ils financial inslrumenls.
Financial instruments are recognlged in th8 charills balance sheet when the charity becomes party lo the
¢onlractual proMsions of tho inslrumonl,
Financial assets and liabilities a￿ offset, with the nat amounts pres8nt8d in the financial slalemenls, wlien
thete Is 8 logally enforceable right to sel off the recognised amounts and there is an intention to sBltle on a net
basls or to realise the asset and setlle thB liability simultaneously.
Baslc flnanclal èss#ts
Basi¢ financial assets, whleh Includ& debtors and cash and bank balances. are Inllially measured al
transaction prlce including transaction ¢osls and are subsequently carried at amortlsed cost using the effective
interest method unless the arrangomonl cor)stilutes a financing transaction, where the tr2n82cI(on is
measurèd at the present value of the fulure receiplb disCOUllted at a market ralo of interest, Financial assets
classified as r8r￿.1v￿bl￿ within one year are not amort15ed.
BasAc financlal liablllllès
Basic financial liabilities, including credilors and bank loans 8r$ inil*ally recognised at transaction price unless
the arrangement conslilutes a financing transaction, where th9 dgbl instrument is measured at the present
value of the future payments discount8d at a mark8t r8te of inleresl. Financial Ilabilities Classified as payablg
within one year are not 8morti86d.
Debt instruments a¥8 subsequently carried at amortised cost, tssing the effectivè Int8rÈst rate method.
Trad& creditors are obligatio￿9 lo pay for goods or servlces that have been aoquired in the ordinary course ol
opo.rations from suppliers. Amotjnls payable 2re class11ied as current liabilities il payment is due within one
year or less. If not, they are presented as non-curi8nl liabililigs. Trade creditors are recognised Initially al
transaction price and subsequèntly m6asur6d at arnc*rtised cost using the effective inleresl method.
Derecognltion of financlal liabilities
Financial Ilabilllles ar8 d8r8cognis8d when the charily's contractual obligatlons explre or are dlscharged or
cancslled.
1.11 Employee benefits
The cost of any unused holiday enlitlement is recognised in the perlod In whi¢h the omployee's senllces are
received.
Terminelion benefits are reeognised immèdiatèW as an expense when the charity is demonstrably commillad
lo larminale th6 employment of an èmpJoye¥ or lo provide termination benefits.
1.12 Retirement benelits
Payrnents ￿ d&lin6d conlribullon rollrement benefit ￿heMeS are charged as an expense as they fall due.
12-

HOLYWELL LEISURE CENTREICANOLFAN HAMDDEN TREFFYNNON
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Critic81 accounting estlm&tes and ludgemenls
In the application of the charity's aecounling policies, the Iruslees are required to mak6 judgements, estimalèg
and assumptions about th8 carrying amount of assets and liabilitles Ihal are not readily apparent from other
sources. The estlmslès and sssociated assumptions are based on hlslorical experience and other factors that
are consid6r¢d lo be relevant. Actual results may differ from these estimates.
The eslimales and underlying assumptions are revi6wed on an ongoing basis, Revisions lo accounting
eslimales are recognibed in the period in which the e8lirnale is revised where the revision affeels only that
period, or in the period of Ihe revision and fulu¥e periods where the revision affects both current and future
periods.
Income from donatlons and legacles
Unrestricted Restricted
funds
funds
2024
2024
Total Unrestrlcted Restricted
funds
funds
2023
2023
Total
2024
2023
Donations and gifts
Grants
20
162,426
20
171.321
18
196,940
8.895
f96,94LI
162.446
8,895
171,341
196,956
196,958
Income Irom charltable activities
Unrestrlct•d
funds
2024
Unrè5trict8d
funds
2023
Sales
Sale of goods
774,785
656.535
Income from Investments
Unrestrlcted Unrestricted
funds
funds
2024
2023
Rental income
Bank deposit interest
33.541
2,125
23,925
370
35,666
24,295
13

HOLYWELL LEISURE CENTREICANOLFAN HAMDDEN TREFFYNNON
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Expendiiure on raising funds
Unrèstrlctèd Unrostrlcted
funds
funds
2024
2023
Tradlng ¢ost$
Opening stock
Purchases
Closing stcok
2,064
3,383
12,0221
712
5.953
12.0641
3,425
4,601
Expendlture on charitable activltles
Expenditure Expenditure
2024
2023
Dlrect costs
Staff costs
Dopreciallon and Impairment
Marketing
Bank charges and interest
Hire ol machinery and operating leases
chemi￿lS
Rates and insurance
560,530
29,273
349
23,730
947
17,710
43,820
501,326
21,442
19,385
13,712
1.043
14.610
43,366
k li
Lighl and heal
Telephone, p051age and stationery
Extern81 contraejors
Staff tralning
Cleaning
Service contrads
Licences & subscriptions
IT software and hardware
Repairs and renewals
C051s a¢ Holyw811 High School
165.085
3,486
8,404
4,285
6,072
15,366
1.278
11.033
61,643
9,952
125.639
4.014
6.209
4,921
16.608
24.143
6.023
10,357
72,223
21.487
962.963
906,508
Share of support and governance costs Isee note 81
Governance
21,023
8.098
983,986
914.606
Analysis by fund
Unrestricted funds
Restricted funds
975,091
8,895
914,606
983,986
914,606
14.

HOLYWELL LEISURE CENTREICANOLFAN HAMDDEN TREFFYNNON
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Support costs allocated to a¢tSvltles
2024
2023
Governance cosls
21,023
8.098
Analysed between..
Expenditure
21,023
8,098
2024
2023
Governance costs ¢omprise'.
Accountancy
Legal and professional
Independ&nl examination fees
15.707
3,156
2.160
2,354
3,744
2,000
21.023
8,098
Net movem8nt In funds
2024
2023
The net movement in funds is stated aft8r charglngllcredltingl.,
Depreaation of owned tanglble fixed assets
29,273
21,442
10 Trustéès
None of the Irust68s {01 any persons connected with Iheml received any remuneialion or benefits from the
Charity durin9 th& year.
11
Employees
The average monthly number of employees dullng thts year was..
2024
Number
2023
Number
40
50
Employment costs
2024
2023
Wages and salgries
Social security costs
other pension costs
483,984
25,612
50,934
434,972
21,944
44.410
560.530
501,326
There were no employees whose annLJal remuneration was more thèn £60,000.
15.

HOLYWELL LEISURE CENTREICANOLFAN HAMDDEN TREFFYNNON
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
12 Taxation
The charity is exempt from taxation on Ils activitles because all ils income is applied for chartlable purposes.
13 Tangible Ilxed assets
Leas&hold
Imprtsvements
Plant and Flxturos and
equlpmeni
riltlngs
Total
Cost
Al 1 April 2023
Additions
266,436
222,383
107.990
3,874
8,348
382,774
226,257
At 31 March 2024
488.819
111,864
8,348
609,031
Deprèclalion and Impairment
At 1 April 2023
D8preciation ehJTged in the year
28,091
17,968
57,52g
10,867
6,160
438
91,780
29,273
At 31 March 2024
46,059
68.396
6,598
121,053
Carrylng amount
Al 31 March 2024
442,76
43,468
1,750
487,978
At 31 March 2023
238,345
50,461
2,188
290,994
14 Stocks
2024
2023
Raw maleiials and consumables
2.022
2,064
15 Debtors
2024
2023
Amounts falling due withln one year=
Prepayments and accrued income
54.284
23,589
16 Loans and ovèrdrafts
2024
2023
Bank loans
26,665
36,459
Payable within one year
Payable after one year
1LI,000
16,665
10,000
26,459
16

HOLYWELL LEISURE CENTREICANOLFAN HAMDDEN TREFFYNNON
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
17 Crèdltors.. amounts falling due w5thln one year
2024
2023
Notes
Bank Joans
Other iaxation and social security
Trade creditors
Other creditors
Accruals and del8rred income
16
10,000
8,195
11,083
10.OOQ
1,423
2,119
49.802
25.700
54,978
63,344
18 Crèdltors.. amounts falling due afier more than one year
2024
2023
Notes
Bank loans
Governmènt grants
16
19
16,665
455,081
26,A59
251,015
471,746
277.474
19 Government grants
Doforrod in¢omo is included in Ihe finanaal statemenls as follows..
2024
2023
Deferred income is included within..
Non-current liabilities
455.081
251,015
Movements in the year..
Deferred income a11 April 2023
Released frorn previous periods
R¢sc>urces deferred in the year
251,015
118,3171
222,383
216,276
19.4211
44,160
Deferred income al 31 March 2024
455.081
251,015
Included in deferr8d Incom8 Is an amount of £241.593 re￿iVed from Flinlshire County Councll to fund th$
in8lallation of a new central heating system. Given the income re5ates to the tsnlral heating system, th8
income is being released over the expected life of the asset which is 30 years. Also Included wlthin deferred
income is restricted income of £213,487 for the solar panels bought in the year 31.03.2024. Thls is being
released over the expe¢tecS life ol the asset whlch is 25 years.
20 Rètlrament benefit schemes
2024
2023
Defined ¢ontrlbutlon schernes
Charge to profit or loss in respact of definod contribution schemes
50,934
44.410
17

HOLYWELL LEISURE CENTREICANOLFAN HAMDDEN TREFFYNNON
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
20 Rètirement beneflt Schemes
{Continuedl
Th8 ¢harity oper81os 8 defined contribution pension scherne for all qualifw'ng employe6s. The assets of thè
scheme are held s@parately from those of the charity in an independently administered fvnd.
21 Unrèstricted funds
The Un￿strICted funds of the charity comprise the unexpended balancès ol donations and grants which are
not Subjeot to specifi'c cundS1ions by donors and granfors as to how th6y may be used. Thesg include
deslgnatÈd fund.8 which have been set aside out of uniestricled fvjllds by the trustees for specific purp0s6S.
At 1 Aprll
2023
Incomlng
resour¢es
Re$ources At 31 March
expended
2024
General funds
167,720
972,897
{978.5161
162.101
Pr•vrous year..
At l Aprll
2022
Incoming
resourcos
R8sources At 31 March
expended
2023
General funds
209,139
877,788
{919.2071
167,720
22 Analysls of net assets betwen funds
Unr8strict8d
funds
2024
RestrSetèd
funds
2024
Total
2024
At 31 March 2024:
Tangible a58e(s
Current assets/lliabillti&sl
Long t8rm liabilities
274,491
145,869
1258,2591
213.487
487,978
145,869
1471,7461
1213,4871
162.101
162,101
Unrestrl¢ted
funds
2023
Rè$tricted
funds
2023
Total
2023
At 31 March 2023:
Tangible assets
CLJrrent ass01￿(lIabil1Iiesj
Long term liabilitiès
290.994
154.200
1277,4741
290.994
154,200
1277,4741
167,720
167,720
18

HOLYWELL LEISURE CENTREICANOLFAN HAMDDEN TREFFYNNON
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
23 Related party transactions
Ther8 W8re no diselosabl6 related party Iransacllons during Ihe year12023- non81.
24 Cash generated from operations
2024
2023
Deficit for the year
15,6191
141,4191
Adjustments for..
Investment income recogni5ed in statement of financial activities
Depreciation and impairment of tangible fixed assets
{35,6661
29,273
124.2951
21,442
Movements in working capital..
Decre8sellincreasel in stocks
Ilncreaselldecrease in debtors
{Decreaselllncrease in creditors
Increase in deferred Income
42
{30,6951
18,3661
204,066
11,3521
29,717
30,259
34,739
Cash generated from operatlons
153,035
49,091
25 Aftalysis of changes In net funds
At l Aprll 2023
Cash flowsA¢ 31 Ilarch 2024
Cash at bank and in hand
191,891
147,3501
144,541
Loans falling due within one ygar
Loans falling due after more than one y8ar
110,0001
126,4591
iio,0001
116.6651
9,794
155.432
137.5561
117,876
19