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2022-08-31-accounts

Company Registration Number CE010758

Registered Charity Number 1174227

ELSWICK COMMUNITY POOL AND LEISURE CENTRE CIO (A CHARITABLE INCORPORATED ORGANISATION)

REPORT AND ACCOUNTS For the year to 31 August 2022

ELSWICK COMMUNITY POOL AND LEISURE CENTRE CIO (A CHARITABLE INCORPORATED ORGANISATION) YEAR ENDED 31 AUGUST 2022 TRUSTEES’ REPORT

The Trustees present their report and the unaudited financial statements of the charity for the year ended 31 August 2022.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered charity name Elswick Community Pool and Leisure Centre CIO

Charity registration number 1174227

Company registration number CE010758

Registered office

Elswick Community Leisure Centre, Elswick Park, Beech Grove Road, Newcastle Upon Tyne, NE4 6RS

Trustees

The Trustees of Elswick Community Pool and Leisure Centre CIO during the year and to the date of signing of this report are as follows:

Gerard Hunwick (Chair, local resident) Diane Fallon Tait (Vice-Chair, local resident) Niamh Cunningham (Treasurer, local resident) Taymar Pitman (local resident) Hannah Mackay-Christie (local resident) Helen Dix (local resident) Joanna Elson (local resident) Louise Douglas (Centre West representative)

Observers/Co-Opted Board Members

Cllr Nicu Ion (Appointed by Elswick Ward Councillors)

Bankers

Co-operative Bank plc, P.O. Box 101, 1 Balloon Street, Manchester, M60 4EP

Independent Examiner

Mr P O’Hara FCA, 4 Stoneyhurst Road West, Gosforth, Newcastle Upon Tyne NE3 1PG

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing Documents

The Charity is a Charitable Incorporated Organisation, a charity registered under a body corporate under part 11 of the Charities Act 2011, registered with the Charity Commission and Companies House on 11 August 2017.

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ELSWICK COMMUNITY POOL AND LEISURE CENTRE CIO (A CHARITABLE INCORPORATED ORGANISATION) YEAR ENDED 31 AUGUST 2022 TRUSTEES’ REPORT

STRUCTURE, GOVERNANCE AND MANAGEMENT (CONTINUED)

Governing Documents (Cont.)

Eligibility for membership of the charity and membership of the Board of Trustees is governed by the Constitution. There are no restrictions in the governing document on the operation of the charity other than those imposed by general charity law. Elswick Community Pool & Leisure Centre CIO (ECP) was set up by Newcastle West End residents. The Board aims to have a majority of its Trustees from the local community, to ensure the voice of local people is paramount in its decisions. Anyone living in Elswick, Arthur’s Hill, Monument, Wingrove and Benwell & Scotswood wards is eligible for election as a community trustee.

Governance

The charity currently has 8 Trustees and 1 co-opted Board Member.

Appointment and Induction of Trustees

Trustees are appointed at the Annual General Meeting and can be co-opted during the year by the board of Trustees. Elswick Ward City Councillors are entitled to one seat, the member to be decided by the Councillors.

Potential new Trustees are asked to complete an application form listing the skills and knowledge they can offer the charity.

Newly appointed Trustees are provided with a copy of the constitution and offered induction into the history and operation of the charity.

Key Management Personnel

Phil Jameson was appointed as full-time Senior Manager, Elswick Community Leisure Centre in August 2020, and has delegated responsibility for running the pool and leisure centre.

Grant-making

The charity does not currently engage in grant-making activity.

Volunteers

We rely heavily on local volunteer input to manage the charity. Trustees are all volunteers and are responsible for management oversight.

In addition to our Trustee volunteers, we have been grateful for the contribution of those who freely provided time and expertise assisting us with all aspects of our operation, from the technical to the strategic. A group of local people (‘the Friends of Elswick Pool’) has helped in so many practical ways in supporting community events and activities, to helping us keep the centre and grounds in a well-maintained condition during the lockdowns.

We have worked with Volunteering Matters to develop a volunteering strategy which will be implemented in 2022/23.

We estimate Trustees contributed a minimum of 1,500 hours during the year, with a further 600 hours contributed by others.

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ELSWICK COMMUNITY POOL AND LEISURE CENTRE CIO (A CHARITABLE INCORPORATED ORGANISATION) YEAR ENDED 31 AUGUST 2022 TRUSTEES’ REPORT

STRUCTURE, GOVERNANCE AND MANAGEMENT (CONTINUED)

Reserves Policy

The Trustees have reviewed the charity's need for reserves in line with the guidance issued by the Charity Commission.

The Trustees aim to hold a level of free Unrestricted Reserves equivalent to three months’ operating costs, which provides sufficient financial resources to meet the legal and contractual obligations and liabilities which would crystalise if the charity were unable to continue operating. Their current estimate of the amount required for this purpose is approximately £150,000.

The targeted level of reserves to be retained for the above purposes is therefore considered to be £150,000.

The charity’s total Unrestricted Reserves shown in the Balance Sheet as at 31 August 2022 are £212,912 (2021: £181,111). £48,093 of these reserves were represented by Fixed Assets (2022: £71,081), leaving £164,819 available as Unrestricted Free Reserves (2021: £110,030).

Whilst the free reserves currently exceed our target level, Trustees are very aware of substantial challenges ahead, especially in relation to energy costs, and the squeeze on local people’s income and have budgeted for a loss in 2022/23.

The Trustees aim, through our budgeting processes, to reduce operational losses to zero and to establish the optimum level of Reserves within three years.

The Board is also very focused on reducing our carbon footprint and reducing our reliance on fossil fuels and the high cost of energy has sharpened this focus. Dee Associates have worked with us to develop plans to reduce our energy consumption, and further work in partnership with Newcastle City Council is ongoing. Work on potential funding streams for the substantial investment needed is ongoing.

OBJECTIVES AND ACTIVITIES

Charitable Purpose

1) To promote community participation in healthy recreation in Elswick and the surrounding area, by the provision of facilities to enable people to participate in swimming and other sports and activities which are capable of improving physical health and fitness.

2) To promote, for the benefit of the inhabitants of Elswick and the surrounding area, the provision of facilities or other leisure time occupation of individuals who have need of such facilities by reason of their youth, age, infirmity or disablement, financial hardship or social and economic circumstances or for the public at large in the interests of social welfare and with the object of improving their health and wellbeing.

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ELSWICK COMMUNITY POOL AND LEISURE CENTRE CIO (A CHARITABLE INCORPORATED ORGANISATION) YEAR ENDED 31 AUGUST 2022 TRUSTEES’ REPORT

OBJECTIVES AND ACTIVITIES (CONTINUED)

Principal Activities

We provide swimming facilities and classes, exercise and other sports and activities capable of improving physical health, fitness and wellbeing.

We actively promote our services to local people and encourage take-up from the leastadvantaged by having the lowest comparable prices in the city and targeted introductory offers and have a 5,000+ social media following, predominantly made up of local residents.

We actively target those with limited physical and cognitive ability by providing additional facilities to encourage participation and target local schools’ involvement as a means of encouraging young people to be active as a lifestyle choice.

We have partnered with Search and Chain Reaction to provide access to healthy activity for older people.

Public Benefit

In our decisions as a Board and in the drawing up of this summary of our main activities, we have had due regard to our public benefit obligations under the Charities Act and the Charities (Accounts and Reports) Regulations 2008. We have also had full regard to the Charity Commission’s public benefit guidance outlines in guides PB1, PB2 and PB3.

Impact and Value

Elswick Community Pool & Leisure Centre opened to the public, under local control, on 6 September 2019, having spent four years boarded up after Newcastle City Council could find nobody to take on the ‘uneconomic’ facility during a bidding exercise for the city’s leisure assets.

Some 4,000 local residents and pool-users mounted a vigorous campaign to ‘Save Elswick Pool’ noting the impacts its permanent closure would have on the health and social opportunities of the local community, in a particularly economically deprived area with very poor health and employment prospects. Newcastle City Council pledged to work with the community to re-open the centre if a viable business case could be made. Local residents accepted the challenge and set up a charity to enable this to happen.

The journey since then has been a turbulent one financially, as first the Covid-19 restrictions and then soaring fuel costs and the cost of living crisis have presented major challenges. However, we have endeavoured to ensure we put the needs of local residents first in our thinking.

We have partnered with local organisations Search and Chain Reaction which work with older people over 50 to provide access to healthy activity. We have also partnered with NHS providers to support Covid and flu vaccination programmes. We partnered with Dive Corp to provide training and support for Scouts work. We have held a number of community days and run holiday programmes to ensure those on lower incomes have access to good nutrition and constructive activity. We also provide Children’s parties, have expanded our range of swim lessons and put on specialist classes for those affected by particular physical conditions. The charity has maintained strong community support for its efforts and has maintained effective communication with the local community and supporters throughout.

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ELSWICK COMMUNITY POOL AND LEISURE CENTRE CIO (A CHARITABLE INCORPORATED ORGANISATION) YEAR ENDED 31 AUGUST 2022

TRUSTEES’ REPORT

OBJECTIVES AND ACTIVITIES (Cont.)

Risk Management

The Trustees regularly review the major governance, operational and financial risks which the charity faces as part of its annual business planning process and confirm that systems have been established to mitigate these risks.

The charity has a risk management strategy in place which comprises:

The Trustees are satisfied that appropriate financial systems and controls and employment policies and practices are in place.

They consider the key risk facing the charity at this time to be the financial risk arising from the need to generate sufficient revenue and to keep control of costs to keep the pool and leisure centre open. The Trustees have sought to channel investment into ways to boost revenue and control costs.

ACHIEVEMENTS AND PERFORMANCE

Achievements in the Year

It has been a great testimony to all involved that we have faced the last financial year with one eye firmly on the existential threats that have come at us, to a large degree unexpectedly, after coming out of Covid restrictions and into a new era of inflation-busting fuel price increases.

As a Board, we have always had a focus on reducing our environmental impact but, more recently, reducing our carbon footprint has also become an economic necessity if the leisure centre is to have a viable long-term future as soaring energy prices look likely to have a big impact in the year ahead. Some very tough decisions await us in the financial year ahead, but we will continue to keep our eye on the bottom line to ensure we can sustain ourselves in what is likely to be an even tougher financial environment than the one we experienced during Covid.

Indeed, it seems almost inevitable that unless central Government can step in financially to support organisations such as ours which are heavily energy dependent, we will be staring at the very real prospect of not being able to run as a viable business any longer, with the consequent impact on community health outcomes.

To plug the income gap, the Board has worked tirelessly, pursuing every possible funding source we might be entitled to and every cost-cutting initiative we can take. We are proud to have kept the leisure centre open, even when more profitable centres, with deeper pockets than ours, have been forced to close.

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ELSWICK COMMUNITY POOL AND LEISURE CENTRE CIO (A CHARITABLE INCORPORATED ORGANISATION) YEAR ENDED 31 AUGUST 2022 TRUSTEES’ REPORT

ACHIEVEMENTS AND PERFORMANCE (CONTINUED)

Achievements in the Year (Cont.)

It has always been part of the Board’s driving belief that the Leisure Centre exists primarily for the good health of the local community. Part of that involves keeping our prices as low as possible to allow the greatest participation by those on low incomes who often suffer the worst health. A conscious decision was therefore made by the board to re-open with pre-Covid prices, to support people back into activity and human interaction at a time many were feeling reluctant to leave their homes. Sadly, the prospect of rising energy prices has forced us to consider price increases.

However, we have also responded creatively, in a bid to diversify, create more income streams and reach those who might otherwise find it difficult to take part in our activities. Schools continue to remain a top priority for us, as we believe all children should have access to a pool and be able to learn to swim.

We now run an extended programme throughout the week running from early morning to late evening and continue to consult our local community about what best fits their needs.

Fundraising

During the year we received support from Newcastle City Council, to support exercise for vulnerable women, Your Homes Newcastle, who provided support for our winter activities, Elswick Ward, with funding towards a new sauna, The National Lottery Jubilee Fund, that supported our Jubilee celebration, Newcastle City Council and Street Games UK, who commissioned us to provide holiday activities for young people.

We thank them all for their support.

Our two key focuses moving forward will be to:

Financial Review

Our financial performance in this year has been extremely encouraging, achieving a surplus for the year, with income generation from our own activities significantly outperforming our targets.

We are most grateful to our manager and his team for their tireless work to develop our services and to take advantage of the opportunities that have arisen to boost our income.

We are acutely aware of the challenges that lie ahead, but our performance this year gives us encouragement that we can face these challenges and continue to provide our much-needed services to the community.

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ELSWICK COMMUNITY POOL AND LEISURE CENTRE CIO (A CHARITABLE INCORPORATED ORGANISATION) YEAR ENDED 31 AUGUST 2022 TRUSTEES’ REPORT

PLANS FOR FUTURE YEARS

Two years ago, we said in our Annual Report, that our key priority would be to survive the impacts of Covid-19 and develop a new business model that will sustain us over the next two to three years.

The financial pressures we face now, however, are much greater than we could have imagined, with massively inflated costs, a cost of living squeeze on our customers and less financial help available for support.

We have developed a volunteer programme led by an existing staff member, which is designed to counteract some of the pressures we face by actively encouraging local people to gain new skills, perhaps find new employment or find links to other opportunities. We have worked closely with Newcastle Volunteer Centre and Newcastle City Council to develop this new aspect of our work.

This work is part of a community engagement strategy, designed to develop local people to take leadership roles in the management of the centre and take an active part in deciding how it is run and used. We are also working towards having a governing board that more accurately reflects the population it serves.

Work continues on developing the pool as a regional centre of excellence for lifeguard training. There is a current shortage of skilled pool workers, so this offers people a route into the leisure industry.

We are actively exploring ways we can partner with local organisations in new ways to provide bespoke sessions to meet different need.

As we have stated in previous financial reports, the board remains committed to helping the city meet its 2030 ‘carbon net zero’ target and continues to develop a ‘green strategy’ to implement this. However, we are fully aware of (although vitally necessary) how difficult this path will be without dedicated funding to meet may of our ambitions in this regard.

We will continue to strive for excellence in all we do over the year ahead and continue to welcome working in partnership with others to achieve mutual goals. We know that in the straitened times ahead, this will be more important than ever.

A priority for us remains strengthening our human resources capacity. We employ more than 30 staff directly and more indirectly. We also have our Trustees who all also need to be able to take advantage of learning opportunities and training. We will continue to strengthen this important area, working with others to develop our HR strategy, policies and performance.

Work on developing the western side of the centre continue, major repairs to the glass roofing have been completed, and work on developing the café has commenced. It is intended to turn that side of the building into a meeting area with café and seating, plus display and activity space for other community organisations to use. Our plans for this area are still being refined, but we are confident of progress in the coming years.

We have had some success in developing ways to finance to finance some of the more costly activities so people of all means and abilities can access what we have to offer However, we are conscious that there is still a lot to do to achieve our goals in this respect.

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ELSWICK COMMUNITY POOL AND LEISURE CENTRE CIO (A CHARITABLE INCORPORATED ORGANISATION) YEAR ENDED 31 AUGUST 2022

TRUSTEES’ REPORT

RESPONSIBILITIES OF THE TRUSTEES

The Trustees are responsible for managing the business of the charity and may exercise all the powers of the charity unless restricted by the Charities Act or the constitution of the charity.

The Trustees are responsible for the preparation of the financial statements for each financial year which show a true and fair view of the state of affairs of the charity as at the balance sheet date and of its incoming resources and application of resources, including income and expenditure, for the financial year.

In preparation of the financial statements the Trustees should follow best practice and:

  1. Select suitable accounting policies and apply them.

  2. Make judgements and exercises that are reasonable and prudent.

  3. Prepare the financial statements on a going concern basis unless it is inappropriate to assume that the charity will continue on that basis.

The Trustees are responsible for maintaining proper accounting records, which disclose with reasonable accuracy at any time the financial position of the charity.

The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.

Signed by order of the Trustees

Gerard Hunwick Chair

18 April 2023

9

INDEPENDENT EXAMINER’S REPORT TO THE MEMBERS ON THE UNAUDITED ACCOUNTS OF ELSWICK COMMUNITY POOL AND LEISURE CENTRE CIO FOR THE YEAR ENDED 31 AUGUST 2022

I hereby report to the Trustees/Members of Elswick Community Pool and Leisure Centre CIO (Charity Registration Number 1174227) on the accounts for the year ended 31 August 2022 set out on pages 11 to 21.

Responsibilities and basis of report

As the charity’s Trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

An independent examination does not involve gathering all the evidence that would be required in an audit and consequently does not cover all the matters that an auditor considers in giving their opinion on the accounts. The planning and conduct of an audit goes beyond the limited assurance that an independent examination can provide. Consequently I express no opinion as to whether the accounts present a ‘true and fair’ view and my report is limited to those specific matters set out in the independent examiner’s statement.

Having satisfied myself that the accounts of the charity are not required to be audited under charity law and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent Examiner’s 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 I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of section 130 of the 2011 Act other 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

  4. the accounts have not been prepared in accordance with the methods or principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial reporting Standard applicable in the UK and Republic of Ireland (FRS102)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Pete O’Hara, FCA, Chartered Accountant

Fellow of the Institute of Chartered Accountants in England & Wales

4 Stoneyhurst Road West, Gosforth, Newcastle upon Tyne NE3 1PG

18 April 2023

10

ELSWICK COMMUNITY POOL AND LEISURE CENTRE CIO (A CHARITABLE INCORPORATED ORGANISATION) STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR TO 31 AUGUST 2022

Note
Income
Income from Donations & Legacies
3
Income from Charitable Activities
4
Other Income
5
Total Income
Expenditure
Expenditure on Charitable Activities
6
Total Expenditure
Net Income/(Expenditure)
Balance brought forward
Balance carried forward at 31
August
13		 Unrestricted
Funds
Restricted
Funds
Total
2022
Total
2021
£
£
£
£
1,034
-
1,034
1,094
652,193
13,346
665,539
500,388
-
-
-
52,532
653,227
13,346
666,573
554,014
621,426
34,377
655,803
483,826
621,426
34,377
655,803
483,826
31,801
(21,031)
10,770
70,188
181,111
76,402
257,513
187,325
£212,912
£55,371
£268,283
£257,513

The notes on pages 13 to 21 form part of the financial statements.

All of the activities of the company are classed as continuing.

The Statement of Financial Activities includes all gains and losses in the year and therefore a statement of total recognised gains and losses has not been prepared.

11

ELSWICK COMMUNITY POOL AND LEISURE CENTRE CIO (A CHARITABLE INCORPORATED ORGANISATION) STATEMENT OF FINANCIAL POSITION/BALANCE SHEET AS AT 31 AUGUST 2022

Notes
Fixed Assets
Tangible Fixed Assets
8
Current Assets
Stocks
9
Debtors
10
Cash At Bank & In Hand
Creditors – Amounts Falling Due Within 1 Year
11
Net Current Assets/(Liabilities)
Creditors – Amounts Falling Due After 1 Year
Total Net Assets
12
Represented by:
Unrestricted Reserves
13
Restricted Reserves
13		 2022
2021
£
£
58,196
78,119
5,301
2,889
41,412
38,518
324,690
285,568
371,403
326,975
(161,316)
(147,581)
210,087
179,394
-
-
£268,283
£257,513
212,912
181,111
55,371
76,402
£268,283
£257,513

The notes on pages 13 to 21 form part of the financial statements.

These financial statements were approved by the Board of Trustees on 23 March 2023 and signed on their behalf:

Gerard Hunwick Chair

18 April 2023

12

ELSWICK COMMUNITY POOL AND LEISURE CENTRE CIO (A CHARITABLE INCORPORATED ORGANISATION) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2022

1. Accounting Policies

Basis of Accounting

These financial statements have been prepared in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 – 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' ('FRS 102'), and with the Companies Act 2006 and the Statement of Recommended Practice (Charities SORP FRS 102) "Accounting and Reporting by Charities" and the Charities Act 2011.

The financial statements have been prepared on the historical cost basis, modified to include certain financial instruments at fair value.

Advantage has been taken of the provisions in the SORP for Charities applying FRS 102 Update Bulletin 1 not to prepare a statement of cashflows.

The financial statements are prepared in sterling, which is the functional currency of the charity.

Taxation Status

Elswick Community Pool and Leisure Centre CIO is a Charity registered under the 1960 Charities Act and is accorded exemption from liability to taxation on its income under S505 Income and Corporation Taxes Act 1988.

Going Concern

There are no material uncertainties about the charity's ability to continue.

Income

All income is included in the statement of financial activities when the charity is entitled to the income, any performance related conditions attached have been met or are fully within the control of the charity, the income is considered probable and the amount can be quantified with reasonable accuracy.

The following specific policies are applied to particular categories of income:

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ELSWICK COMMUNITY POOL AND LEISURE CENTRE CIO (A CHARITABLE INCORPORATED ORGANISATION) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2022

1. Accounting Policies (Continued)

Expenditure

Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates:

Financial Instruments

A financial asset or a financial liability is recognised only when the charity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs.

Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted.

Debt instruments are subsequently measured at amortised cost where there is a material adjustment.

Operating Leases

The charity classifies the lease of certain types of equipment as operating leases as the title to the equipment remains with the lessor. Rental charges are charged against income on a straight-line basis over the year of the lease.

Tangible Fixed Assets and Depreciation

Depreciation is provided on any fixed assets at rates calculated to write off the assets over their remaining useful lives as follows:

Impairment of Fixed Assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

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ELSWICK COMMUNITY POOL AND LEISURE CENTRE CIO (A CHARITABLE INCORPORATED ORGANISATION) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2022

1. Accounting Policies (Continued)

Fund Accounting

Unrestricted funds are available for use at the discretion of the trustees in furtherance of the purposes of the charity.

Designated funds are unrestricted funds earmarked by the trustees for specific purposes.

Restricted funds are subjected to restrictions on their expenditure imposed by the donor.

Judgements and Key Sources of Estimation Uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

There are no significant judgements or estimation uncertainty included within the financial statements.

2. Legal Status

The charity is a Charitable Incorporated Organisation and has no share capital.

3. Income from Donations & Legacies

Donations - General
Gift Aid		 Unrestricted
Funds
Restricted
Funds
2022
2021
£
£
£
£
853
-
853
888
181
-
181
206
£1,034
£-
£1,034
£1,094

The 2021 total of £1,094 relates wholly to Unrestricted Funds.

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ELSWICK COMMUNITY POOL AND LEISURE CENTRE CIO (A CHARITABLE INCORPORATED ORGANISATION) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2022

4. Income from Charitable Activities

Income from Charitable Activities
Grant Income
Coronavirus Job Retention Scheme
Newcastle City Council
Your Homes Newcastle
Elswick Ward
National Heritage Lottery Fund
Newcastle City Council
North of Tyne Community Centre
Fund
Sport England
Sport England - Recovery Fund
Streetgames UK
Earned Income
Club Hire
Lessons & Coaching
Memberships
School Swimming & Lane Hire
Stock & Vending Sales
Summer Programme
Wet Activities
Other Earned Income		 Unrestricted
Funds
Restricted
Funds
2022
2021
£
£
£
£
-
-
-
66,207
-
806
806
-
-
100
100
-
-
6,500
6,500
-
-
5,940
5,940
-
-
-
-
84,639
-
-
-
3,500
-
-
-
8,553
-
-
-
51,200
-
-
-
2,500
-
13,346
13,346
216,599
52,742
-
52,742
41,364
208,923
-
208,923
65,575
115,434
-
115,434
46,772
82,438
-
82,438
29,370
44,602
-
44,602
18,600
10,778
-
10,778
10,400
121,791
-
121,791
65,282
15,485
-
15,485
6,426
652,193
-
652,193
283,789
£652,193
£13,346
£665,539
£500,388

Of the 2021 total of £500,388, £484,635 relates to Unrestricted Funds and £15,753 to Restricted Funds.

5. Other Income

Business Interruption Insurance Unrestricted
Funds
Restricted
Funds
2022
2021
£
£
£
£
-
-
-
52,532
£-
£-
£-
£52,532

The 2021 total of £52,532 relates wholly to Unrestricted Funds.

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ELSWICK COMMUNITY POOL AND LEISURE CENTRE CIO (A CHARITABLE INCORPORATED ORGANISATION) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2022

6. Expenditure on Charitable Activities

Charitable Activities
Advertising & Marketing
Coaches & Teachers
Direct Pool Costs
Shop Stock Purchases
Utility Costs
Vending Costs
Support Costs
Depreciation
Office Costs
Premises Repairs & Maintenance
Salaries & On Costs
Staff Training & Uniforms
Governance Costs
Accountancy Fees
Legal & Professional Fees		 Unrestricted
Funds
Restricted
Funds
2022
2021
£
£
£
£
1,349
111
1,460
376
22,921
310
23,231
8,613
10,393
-
10,393
5,828
9,852
-
9,852
7,204
146,106
-
146,106
91,148
13,278
-
13,278
6,413
1,363
22,988
24,351
21,268
34,705
2,856
37,561
36,626
30,763
82
30,845
42,929
338,431
5,430
343,861
258,910
6,085
-
6,085
4,386
540
-
540
540
5,640
2,600
8,240
(415)
£621,426
£34,377
£655,803
£483,826

Of the 2021 total of £483,826, £402,088 relates to Unrestricted Funds and £81,738 to Restricted Funds.

7. Staff Costs & Directors’ Remuneration

Gross Salary Costs
Social Security Costs
Employer’s Pension Contributions –
Defined Contribution Scheme		 2022
2021
£
£
323,199
246,574
15,726
8,856
4,936
3,480
£343,861
£258,910

The charity employed 34 members of staff in the year (2021: 28)

No remuneration was paid to or waived by Trustees/Directors in the year (2021: £Nil) and £Nil (2021: £Nil) was reimbursed to Trustees in respect of their attendance at meetings of the charity.

17

ELSWICK COMMUNITY POOL AND LEISURE CENTRE CIO (A CHARITABLE INCORPORATED ORGANISATION) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2022

8. Tangible Fixed Assets

Cost
At 1 September 2021
Additions
At 31 August 2022
Depreciation
At 1 September 2021
Charge for year
At 31 August 2022
Net Book Value
At 31 August 2022
At 1 September 2021
9.
Stocks
Raw Materials
Goods for resale
10.
Debtors
Trade Debtors
Prepayments
Accrued Income
All sums are due within 1 year.		 Leasehold
Improvements
IT/Office
Equipment
Pool/Sports
Equipment
Total
£
£
£
£
61,017
42,432
11,541
114,990
-
3,950
478
4,428		 Leasehold
Improvements
IT/Office
Equipment
Pool/Sports
Equipment
Total
£
£
£
£
61,017
42,432
11,541
114,990
-
3,950
478
4,428
61,017
46,382
8,590
25,674
6,102
14,323		 12,019
119,418
2,607
36,871
3,926
24,351
14,692
39,997
£46,325
£6,385		 6,533
61,222
£5,486
£58,196
£52,427
£16,758		 £8,934
£78,119
2022
2021
£
£
3,629
2,383
1,672
506
£5,301
£2,889
2022
2021
£
£
11,442
1,845
15,501
11,982
14,469
24,691
£41,412
£38,518

18

ELSWICK COMMUNITY POOL AND LEISURE CENTRE CIO (A CHARITABLE INCORPORATED ORGANISATION) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2022

11. Creditors – Amounts Falling Due Within 1 Year

Creditors – Amounts Falling Due Within 1 Year
Trade Creditors
Income Received In Advance
Other Taxes & Social Security Costs
Other Creditors – Pension Contributions
Other Creditors – Attachment of Earnings
Accruals		 2022
2021
£
£
22,061
43,025
1,290
-
11,134
4,427
1,159
803
264
-
125,408
99,326
£161,316
£147,581

12. Analysis of Net Assets between Funds

Fixed Assets
Stocks
Debtors
Cash at Bank and In Hand
Creditors – Due Within 1 Year		 Unrestricted
Funds
Restricted
Funds
2022
2021
£
£
£
£
10,103
48,093
58,196
78,119
5,301
-
5,301
2,889
41,412
-
41,412
38,518
317,412
7,278
324,690
285,568
(161,316)
-
(161,316)
(147,581)
£212,912
£55,371
£268,283
£257,513

19

ELSWICK COMMUNITY POOL AND LEISURE CENTRE CIO (A CHARITABLE INCORPORATED ORGANISATION) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2022

13. Analysis of Charitable Funds

Analysis of Charitable Funds
Unrestricted Funds
Restricted Funds
Elswick Ward
Gigabyte Voucher Scheme
Monument Ward
National Heritage Lottery Fund
Newcastle City Council
Power To Change
Power To Change – COVID-19
Sport England
Sport England
Streetgames
Your Homes Newcastle
Total Restricted Funds		 At 1 Sept
2021
Income in
Year
Resources
Expended
in Year
At 31
August
2022
£
£
£
£
181,111
653,227
(621,426)
212,912
-
6,500
-
6,500
903
-
(833)
70
778
-
-
778
-
5,940
(5,940)
-
-
806
(806)
-
66,873
-
(22,346)
44,527
693
-
(693)
-
5,305
-
(1,809)
3,496
600
-
(600)
-
1,250
-
(1,250)
-
-
100
(100)
-
76,402
13,346
(34,377)
55,371
£257,513
£666,573
£(655,803) £268,283

Name of Restricted Fund

Elswick Ward

Gigabyte Voucher Scheme

Monument Ward

National Heritage Lottery Fund

Newcastle City Council

North of Tyne Community Centre Fund

Power To Change

Power To Change – COVID-19

Sport England

Sport England

Streetgames

Voluntary Sector Resilience Fund

Your Homes Newcastle

Description, Nature & Purpose of the Fund

Towards the cost of programme

Towards the cost of implementing a voucher scheme

Towards the cost of a soft play area

Towards the cost of Jubilee-related activities

Towards the cost of exercise activities for vulnerable women

Towards the cost of business resilience

Towards the costs of running and equipping the pool and leisure centre

Towards COVID-related costs

Towards the cost of Return To Play

Towards the cost of recovery of the facility

Towards the cost of activating disadvantaged young people

Towards the cost of business resilience

Towards the cost of a Winter Festival

20

ELSWICK COMMUNITY POOL AND LEISURE CENTRE CIO (A CHARITABLE INCORPORATED ORGANISATION) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2022

14. Related Party Transactions

No payments (2021: £Nil) were made to Trustees in relation to expenses incurred in attending meetings

15. Financial Commitments

No material future financial commitments have been made in the financial year.

21