RBLG TI TRAINING WATERSIDE COMMUNITY TRUST WATERSIDE ACCOUNTS 2023 s11FF REGISTERED CHARITY NUMBER: 1174631 REPORT OF THE TRUSTEES AND uNAUD￿ED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2023 FOR WATERSIDE COMMUNITY TRUST Bright Brown Limited Chartered Accountants Exchange House St. Cross Lane Newport Isle of Wight P030 SBZ WATERSIDE COMMUNITV TRLIST CONTENTS OF THE FINANCIAL STATEMENrs FOR THE YEAR ENDED 30 NOVEMBER 2023 Page Reporl of the Trustees I to 4 Independent Examiner's Report Statèment of Flnanclal Artlvities Balance Sheet Cash Flow Statement N. The net Sufplus for the year amounted to £88,97912022 £18.2991 accountéd for mainly by the grant Incomel. UnrÈsrricEed funds and restrlcted funds cafried forward at the end of the YEaf amounted to £393,718 and £17,500 respectively 12022- £287,953 and £34,286). Investment pollcy and objectives The Trust's invest5, on short term deposit, funds surplus to foreseeable spending. Its social bnvestment encompas5es= - School and individual swimming lessons - Aquafit for elder￿ client base - A'%ensory swim, class for a disabled group Swim safety Irainlng Lifeguard training for both a(Jults and chlldren The social investment policy is tlarified in the charity's Constitution. Resèrves poll¢y The charity ha5 redesignated its 5peclfic reserve as the Pool Emergency Contingency Reserve now totalling EIODk followlnB a recently commissioned dilapidation report. The Trust's free reserves of £293K, coupled with it5 business insurance, are considered adequate to cover a short-tèrm disruption. PaEe 2 WATERSIDE COMMUNITY TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 NOVEMBER 2023 F￿￿RE PLANS The Charity has bèen successful in obtaining grants towards the installation of solar panels and the replatément of the old Heatstar (controlling heating and re-cycling) wlth an enhanced, up to date. unit,. both will save money on enerBY one of the pool's major outEoing5. A successful bid has also been made to enible thÈ refurbishment of the changing rooms once it has been rtrroofed. STRUCTURE, GOVERNANCE AND MANAGEMENT Governlng documènt The chaflty is controlled by its governing docurnent. a deed of trust and constitutes an unincorporated charlty. Rlsk management The trustees have a duty to identlfy and review the risks to which the charity is oxposed arbd to ensure appropriate controls are in place to provide reasonable assurance agaln5t fraud and Èrror. The principal risks facing the charity are.. Catastrophic mechanical or structural failure. Major increase in energy tosts, The Charity is looking at way5 th15 risk can be mitl8ated. A r15k register is maintained highlightlng major and minor risk to our businèss. REFERENCE AND ADMINISTRATIVE DETAILS Reglstered charity number 1174631 Prlnclpal address Waterslde Pool Thè Esplande Ryde Isle of Wight P033 IJA Trusteès M Haslam (Joint Chalrmanl A Kurowski Iloint Chalrmanl P C Taylor JP FCA (Trèasurerl J N Sands Dr A Martin K Gentleman C Gauntlett l Jenkins Indèpendent Examlner Bright Brown Limited Chartered Accountants Exchangè House st. Cr055 Lane Newport Isle of Wight P030 SBZ Page 3 WATERSIDE COMMUNITY TRUST REPORT OF THE TRUSTEES FOR TIIE YEAR ENDEK) 30 NOVEM&ER 2023 Approve(t tsy ord of the l)oard ol riust**$ and 518ned Its behall by.. P C Taylrjr Pg8e 4 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES DF WATERSIDE COMMUNITY TRUST Independent examlner's report to the trustees of Waterslde Community Trust I report to the charity trustees on my examination of the ¢lCCOUlIt5 of Waterside Community Trust (the Trust) for the vèar ended 30 November 2023. Respon51bllltiès and basis of report As the charity tTUStee5 of the Trust you are responsible for the pieparalion of the actounts in accordance with the re4uirernents of the Charlties Act 20111'the Act'l. l Teport in re5pecl of my examination of the Trust's accounts tarried out under Sedion 145 of the Act and in carrying out my examinatlon I have followed all applicable Directions given by the Charity Commission under Section 14515llbl of the Act. ndependent examlner's statemènt Since your charily's gross income Exceeded £250,0(K) your exambner musi be a member of a listed body. I can conflrm that l am qualified to undertake the examination because l am a mÈmber of the Institute of Chartered Accountants in England and Wales, whl¢h is one of the listed bodies. I have tompleted my examination. I coNfirm that no matèrial matters have come lo my attention in connettfjon with the eXami￿ation giving MÈ cause to believe that in any materiiil respect.. accounting records were not kept in respect of the TTUSt as requirèd by Section 130 of the Act,. or thè accounts do not èccord with those records; OT the ￿￿Ount5 do not comply with the applicable requirements contèrning the form ènd content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considÈred as part of an independent examination. I have no concern5 and have come across no other mattprs in connection with the examinalion to which attention should be drawn in this report in order to enablÈ a proper unde¥slanding of the accounts Èo be reached. David Stevens Bright Brown Limited Chartered Accountants Exchange House st. Cros5 Lane Newport Isle of WiEht P030 5BZ Oate-. LOZLF Page 5 WATERSIOE COMMUNITY TRUST 5TATEMENTOF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 NOVEMBER 2023 2023 Total funds 2022 Total funds Unrestritted funds Restricted fund Notes INCOME ANDENDOWMENTS FROM Donations afid legacies 6,787 22,054 28.841 32,493 Chayitable actlvitles Provision of recreational facilities 549.802 1,328 551.130 504,181 Other trading activlties Investmènt income other income 13,249 21.452 9,956 13,249 21,452 9,956 11,679 16,397 8,603 Total 601,246 23,382 624.628 573,353 EXPENDITURE ON Raising funds 14,906 14,906 16,436 Charltable activities Provi510n of re.creational facilities 514,563 6,180 520,743 538.618 Total 529,469 6,180 535,649 555,054 NEf INCOME Translefs between funds 71,777 33,988 17,202 133,9881 88,979 18,299 19 Net movement In lund5 IOS,765 116,7861 88,979 18,299 RECONCILIATION OF FUNDS Tot61 fund5 brought forward 287,953 34,286 322,239 303,940 TOTAL FUNDS CARRIED FORWARD 393,718 17,5(M) 411,218 322,239 The notes form part of these financial statements PaBe 6 WATERSIDE IOMMiJNifY TRIJST BALANCE SHEÉT 30 NOVEMBER 202J 2022 Tothl funds A￿trIrt* Total lunds FIXE D ASSF.T5 TaD?.IhlÈ h5sp14 13 51,730 51,73 CURRENT A55US storks DebiotS Cash ai baftk and 14 hand 9.747 Z.¢J45 437,280 9,747 2.945 454.780 7,924 7,1134 371,834 15 17,5(Xl 449.972 17.YJD 467.472 387.592 ¢R£DITORS Trts￿nts FallinÈ dLJe Wtthin i)me yeaf 16 185,484 185,4841 185,9871 ET CURRENT ASSETS 364,4¥15 17.5 38L988 301,605 TOTALASSETS IE55 CURRENT IIABILlnES 416.213 17,5130 433,718 354,729 CAEOITORS Aliiiyviiis IblliiTry. dijp aft*t mor* th¢n une ye￿1 17 122.fjml 132,51KII NET ASSYrs 393,718 17.5fM) 411,218 322.339 UNOS Unrestnoted lund5 19 393.7111 17.50 287,953 34,286 TOTAL FUNOS 411,21 322.239 The 11 tèLem£ttiS weie approved by tbe ol Tr￿tee5 oiilh<)115ibd [yi d ¥¥erp 51fv*O on 11% IiphHlf by.. P L Taylor- M Has1*iin- Trvstee The r￿l￿r form Piirt of ttriese fin3ncial SLat+.n*nts Pa8e 7 WATERSIDE COMMUNITY TRUST CASH FLOW STATEMENT FOR THEYEAR ENDED ao NOVEMBER 2023 2023 2022 Notes Cash flow5 from operatlng actl¥lties Cash generated from operations Interest paid 112,732 43,341 13131 Nel cash provided by operatin8 actlvities 112,732 43,028 Cash flows from invèsilng actlvbtles Purchase of tangible fixed a55ets Sale of tangiblp fixed assets Interest re￿iVed 123,9771 113,0071 4,191 215 Nel cash used in investing actlvities 119,7861 112,7931 Cash flows from flnancing 3Ctlvlties Loan repayments In year iio,0001 17,5001 Net cash used in flnancing activities iio,0001 17.5C(tl Change In cash and cash equivalents In thÈ reportlng period Cash and cash equlvabent5 at the beglnnlng of the reportlnq perlod 82,946 22,735 371,834 349,099 Cash and ¢ash equivalent5 at the end ol the reporting perlod 454,780 371,834 The notes form part of these financial statements Page 8 WATERSIDE COMMUN￿ TRiIST NOTE5TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 30 NOVEMBER 2023 RECONCILIATION OF NÉT INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES 2023 2022 Net income for thè reporting period la5 per thè Statement of Financial Actlvltièsl Adlustment5 for: Depreciation charges Loss on disposal of fixèd asset5 Interest received Interest paid ncrea5e in stocks Decrease in debtors IDecrea5ellincrehse in cyeditors 88,979 18,299 24,637 744 14,1911 22,171 12151 313 11,7891 3,654 907 11,8231 4,889 15031 Net cash provlded b¥ operatlons 112,732 43,341 ANALYSIS OF CHANGES IN NET FUNDS At 1.12.22 Cash flow At 30.11.23 Net cash Cash at bank and In hand 371.834 82.946 454,780 371.834 82.946 454,780 Debt Debts falling due within I year Debts falling due after l year lio,0001 132,5QOI iio,0001 122,5001 iO,O(K) 142,SOOI 10,000 132,5001 Total 329,334 92,946 422,280 The notes form part of these financial statements Paee 9 WATERSIDE COMMUNITY TRusr NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2023 ACCOUNTING POLICIES Basls of prepbring the flnanclal statements The financlal statement5 0( the charity, which Is a put>lic benefit entity undp.r FRS 102, have been prepared in accordance wilh the Charities SORP IFRS 1021 'Accountlng and Reporting by Chaiities.. Statement of RecoMmcndÈd Practice applicablÈ to charitie5 preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffective l January 20191,, Finantial Reporting Standard 102'The Financial Reporting Standard applicable in the UK and Rèpublic of Ireland. and the Charities Act 2011. The linantlal 5tatemen15 have been prepared undey the historical cost convention. Income All income is recognised in the Statement of Flnanci31 Artivltie5 once the charity has entitlement to the lunds, it is probable that the income will be received and the amount can be measured reliably. Expendlture Liabilities are recognised as expenditure as soon as there 15 a legal or constructive obligation committing the charity to that expenditure, it is probable that a iransfer of economic benefits wlll be required in spttlement and the amount of the ubligalion can be rnea5ured reliably. Expenditure is accounted for on an accruals basis and has been classified under headinBS th3t aggregate all cost rp13ted to the category. Where costs cannoi be directly attributed tL> particular hèadings they have been allocated to activitie5 on a basi5 consistent with the Use ol resources. Grant5 Qffered subiect to condltions which have not been met at the year end dale are noted as a commitmènt but not accyued as expenditure. Allocation and apportlonment of costs AII costs are allocated between the expendlture categories of the Statement ol Financlal Actiwitie5 on a basis designed to reflect the use of the resource. Cost5 that relate to a particular actlvity arè allocated dlrettly, others are apportioned betwecn èttivitie5 in line wilh their respective proportion of the total incorning resources. Tanglble fixèd asset5 Depreciallon is provided at the following annual rates In order to write off each asset over Its estimated ttseful Freehold propertv Plant and machinery 3- 10 years on cost 3- 10 years on cost Stocks Stocks are valued at the lower of cost and net reali5able value, after makin8 due allowance for obsolete and slow moving item5. Taxatlon The charity is exèmpt from tax on its charitablg activiti￿. Fund atcountlng Unrestrlcted funds can be used in accordance wilh the charitable objectlve5 at the discretion of ihe tru51ees. Re5tritted funds can only be used for particular restrictèd purposes within the objects of the ¢harlty. Rèstrictions arise when specified by the donor or when funds are raised for particular re5trictcd purptsses. Further explanation of the nature and purpose of each fund is included In the notes to the financtal statements. Page 10 continued... WATERSIDE COMMUNfrY TRUST NOTES TO THE FINANCIAL STATEMENTS. contlnued FOR THE YEAR ENDED 30 NOVEMBER 2023 ACCOUNTING POLICIES. contlnued Pension costs and other post-retlrement benefits The charity operates a definpd contribution pension scheme. Contributions p3yable to the chafltV'5 pension scheme are charged to the Statement of Financial Activities in thè pèriod to which they relate. DONATIONS AND LEGACIES 2D23 2022 Donation5 and gift5 Grants Member5hbP subsc¥iptions and sponsorships 3,312 21,804 3,725 9,515 19,513 3,465 28,841 32,493 Grant5 received, included in the above, are as follow5-. 2023 2022 Isle of Wight CoL¢nty Council Southèrn Water National Lottery Bo￿nCe Back Loan Interest SMARTTraining Wight Aid Foundation Skjrf wheelchair Energise MÈ Tesco 3,200 8,000 7,500 313 500 lo,￿0 734 2,831 4,189 3,550 5C(J 21,804 19,513 OTHER TRADING AcTIV￿lEs 2023 2022 Food and shop Sales 13,249 11.679 Page 11 continued... WATERSIDE COMMUNITY TRUST NOTES TO THE FINANCIAL SfATEMENTS- contlnu•d FOR THE YEAR ENDED 30 NOVEMBER 2023 INVESTMENT INCOME 2023 2022 Rental income Deposit account Interest 17,261 4,191 16,182 215 21,452 16,397 INCOME FROM CHARITABLE A￿1VITIEs 2023 2022 Activity Prowision of recreational facilitie5 Provision of recreatiunal facilities Provision of recreational facilitips Provision of recreational facilities Membership swimming Individual swimming Swimming lessons Pool hire Lifeguardin& splash park and couros 92,461 86,643 283,046 36,187 105,461 80,313 232,083 33.226 52,793 53,098 Provision of recreational f2cllities 551,130 504,181 RAISING FUNDS Ralslng donatlons and legacle5 2023 2022 Postage and stationerv AdveTtisin8 and marketing Licencing costs 2,844 2,460 1,099 2,757 1,064 3,235 6,403 7,056 Other tradln8 actlvltle5 2023 2022 g,380 Purchases 8,503 &gregate arnounts 14,906 16.436 Pagp 12 continued... WATERSIDE COMMUNITY TRUST NOTES TO THE FINANCIAL STATEMENTS- ¢ontlnued FOR THE YEAR ENDED 30 NOVEMBER 2023 CHARITABLE ACTW￿lEs COSTS Supp(Trrt Costs (Éèe note 91 Direct Costs Totals Provision of recreational facilitie5 332,187 188,556 520,743 GRANTS PAYABLE 2023 2022 Provision of re¢realional facilities 7,500 The total giants paid to in5tilutloTr￿ during the year was as follow5: 2023 2022 5andowTh Town CounGil 7.5(X) SUPPORT cosrs Governance C05tS Management Other Totals Piovision of recrealional facllltlPS 26,400 149,987 12,169 188.556 Support Costs, included in the above, are a5 follows.. 2023 Provislon 2022 recreational Total activities Wagès Rate5 dnd waler Insurance Lighi and heat Telephone Po%ta8e and 5tationerv Sundries Travel Computer cogts Repairs and renewals Bank charges Depreciation of tangible fiyed assets Loss on sale of tanglblc fixed assets Interest payable and sim chs Independént examiners, fees 26.400 9,128 9,003 56.008 24,000 5,894 7,907 48,030 314 1,591 3,814 658 5,224 63,406 11,171 22,171 2,092 1,454 285 7,318 24.809 14.509 24,637 744 313 900 Carried forward 177,387 195,394 Page 13 continued... WATERSIDE COMMUNITY TRUSI NOTES TO THE FINANCIAL STATEMENTS- tontinued FOR THE YEAR ENDED 30 NOVEMBER 2023 SUPPORT COSTS- contlnued 2023 Provision 2022 recreational Tola Brought forward Independent eKamlners' fees prior year Legal ènd Pfofe5sional fees 177,387 180 10,989 195,394 160 5,638 188,556 201,192 io. TRUSTEES. REMUNERATION ANO 8ENEFfFS There were no trustees, remuneTatlon or other benefits for the year ended 30 November 2023 nor for the year ended 30 November 2022. Trustee5' expènses There were no tru5tees' expenses pald for the year ended 30 November 2023 nof for the year ended 30 November 2022. ii. STAFF COSTS 2023 2022 Wages and 53laries Social Sècurity Costs other pension costs 312,520 5,618 2,036 289,438 4,843 2,577 320,174 296,858 The average monthly number of employees durinB the year was as follows.. 2023 2022 M3nagement Charitable actiwties Administratlon 39 39 43 43 No employee5 ieceived emoluments in excess of £60,IYK>. The gehèral manager is considered key management personnel. The total employee benefits fDr this post weTe £48,127. Page 14 contlnued... WATERSIDE COMMUNITY TRUST NOTES TO THE FINANCIAL STATEMENTS- rvntlnued FOR THEYEAR ENDED 30 NOVEMBER 2023 12. COMPARATIVES FOP THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted funds Restricted fund Total funds INCOME AND ENDOWMENTS FROM Donations and legacie5 16,385 16,108 32,493 CharStable a¢tivltles Provislon of recreational facllitles 504,181 504,181 Other trading aalvltie5 nvÈstment income Other income 11,679 16,397 8,603 11,679 16,397 8,603 Total 557,245 16,108 573,353 EXPENDITURE ON RaisinB ftJnd5 16,436 16.436 Charltable actlvities Provislori of recreational facillties 512.747 25,871 538,618 Total 529,183 25,871 555,054 NET INCOMEIIEXPÉNDITURE} Trartsfers between funds 28.062 41,797 19,7631 141,7971 18,299 Net movement in funds 69,859 151,5601 18,299 RECONCILIATION OF FUNDS Total funds brought forward 218,094 85,846 303,940 TOTAL FUNDS CARRIED FORWARD 287,953 34,286 322,239 Page 15 contlnued... WATERSIDE COMMUNrrY TRUST NOTES TO THE FINANCIAL STATEMENTS- contlnued FOR THE YEAR ENDED 30 NOVEMBER 2023 13. TANGIBLE FIXED ASSETS Ffeehold property plant and machinery lotals COST At l December 2022 AdditlDns Disposals 25,276 1,780 18,0001 104,608 22,197 11,3171 129,884 23,977 19,3171 At 30 November 2023 19,056 125,488 144,544 DEPRECIATION At l December 2022 Charge for yehf Eliminated on disposal 18,880 2.915 18,(XK)I 57,870 21,722 15731 76,750 24,637 18,5731 At 30 November 2023 13,795 79,019 92,814 NET BOOKVALUE At 30 November 2023 5,261 46,469 51,730 At 30 November 2022 6,396 46,738 53,134 14. STOCK5 2023 2022 Stock5 9,747 7,924 Is. OEBTORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR 2023 2022 TTade debtors Other debtors Prepayments 2,155 477 313 6,071 1,763 2,945 7,834 Page 16 ontinued... WATERSIDE COMMUNITY TRUST NOTESTO THE FINANCIAL 5TATEMENTS- ¢ontlnued FOR THEYEAR ENDED 30 NOVEMBER 2023 16. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2023 2022 Bank loan5 and overdrafts Isee note 181 Trade creditors Taxation and social securitv Othef creditors 10,000 16,609 3,387 55,488 10,000 14,308 4,064 57,615 85,484 85,987 17. CREDITORS.. AMOUNTS FALLING DUE AFfER MORE THAN ONE YEAR 2023 2022 Bank loans (see note 181 22,500 32,500 An unsecured £50,L￿O loan was taken out in February 2021 under the government backed Bounce Back Loan Scheme. LOANS An analysis of the maturity of loans is 8iven below.. 2023 2022 Amounts falling due within one year on demand.. Bank loans 10,0 10,000 Amounts falling between one arbd two years.. ank loans- 1-2 years 10,000 10,000 Amounts falling due between two and five years.. Bank loan5- 2-5 years 12,500 22,500 19. MOVEMENT IN FUNDS Net movement in funds Transfers between fund5 At 1.12.22 At 30.11.23 Unrèstrlcted fund5 General fvnd Replacement reserve 247,953 40,000 71,777 126,0121 60,000 293,718 loo,000 287,953 71,777 33,988 393,718 Restritted funds Restricted f￿nd 34.286 17,202 133,9881 17,500 IOTAL FUNDS 322,239 88,979 411,218 Page 17 contlNued... WATERSIDE COMMUNITY TRUST NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 30 NOVEMBER 2023 19. MOVEMENT IN FUNDS- contlnued Net movement in funds, included in the above are a5 ftsllows: Incoming resources Resouices expended Movement in funds Unrèstrlcted funds General lund 601,246 1529,4691 71,777 Restricted funds Restritted fund 23,382 16,1801 17.202 TOTAL FUNDS 624,628 1535,6491 88,979 Comparatives for movèment in funds Net movement in funds Transfer5 between fund5 At 1.12.21 At 30.11.22 Unrestricted funds General fund Replacement reserve 178,094 40,000 28,062 41,797 247,953 40,000 218,094 28,062 41,797 287,953 Restrlcted funds Restricted fund 85,846 19,7631 141,7971 34,286 TOTAL FUNDS 303,940 18,299 322,239 Comparative net movemènt in funds. Included in the above are as follows: Incoming resources Resource5 expended Movpmpnt in funds Unrestrlcted funds General fund 557,245 1529,1831 28,062 Restricted fund5 ReslrictÈd fund 16,108 125,8711 19,7631 TOTAL FUNDS 573,353 1555,0541 18,299 Page 18 contlnue(J. WATERSIDE COMMUNITY TRUST NOTE5 TO THE FINANCIAL sfATEMENTS- contlnued FOR THE YEAR ENDED 30 NOVEMBER 2023 19. MOVEMENT IN FUNDS- contlnuÈd A Current year 12 months and prior yeaT 12 months combined position is as follows-. Net movement In fund5 Transfers between funds At 1.12.21 At 30.11.23 Unrestrkted funds General fund Replacement reserve 178,094 40,000 99,839 15,785 60,(￿0 293,718 100,000 218,094 99,839 75,785 393,718 Restricted funds Restricted fund 85,846 7,439 175.7851 17,500 TOTAL FUNDS 303,940 107,278 411.218 A current year 12 months and prior year 12 monihs combined net movement in funds, included in the above are as follows: ncomlng resources Resources expended Movement in funds Unrestrlcted fund5 General fund 1,158,491 11,058,652) 99,839 Restrlcted funds Restricted fund 39,490 132,0511 7,439 TOTAL FUNOS 1,197,981 11,090,7D31 107,278 RELATED PARTY D15CIOSURES There were no related party traTTrsaction5 for the year ended 30 Nt)vember 2023. Pagp 19 WATERSIDE COMMUNITY TRUST D￿AlLED STATEMENT OF FINANCIAL AcllviTIES FOR THE YEAR ENDED 30 NOVEMBER 2023 2023 2022 INCOME AND ENDOWMENTS Donatlons and legacle$ Donations and gifts Grants Membership substriptions and sponsorships 3,312 21,804 3,725 9.515 19,513 3,465 28.841 32,493 Other tradlng activltles Food and shop sale5 13,249 11,679 Investment Income Rental income Dep05il account interest 17,261 4,191 16,182 215 21,452 16,397 Charltable actlvlties Membership swimmlng Individu31 swimming Swlmming lessons Pool hire Life8uardin8, splash park and courses 92,461 86,643 283,046 36,187 52,793 105,461 80,313 232,083 33,226 53,098 S51,130 504,181 Other income Other income 9,956 8,603 Total Incom5ng re50ur¢es 624,628 573,353 EXPENDITURE Ra151ng donatlons and legacles Postase and slationery Advert15ing and marketlng Licencing Costs 2.757 1,064 3,235 2,460 1,099 6.403 7,056 othef trading actlvltles Food and Shop purchases 8,503 9,380 This page does not form part of the statutory flnanaal statements PagÈ 20 WATERSIDE COMMUNITY TRUST D￿AlLED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 NOVEMBER 2023 2023 2022 other trading attivltles Charltable attlvitles Wages Social security Pensions Light and heat Training and uniform Repairs and renewals Cledning Badge5 and certificates Grants to institutions 286,120 5,618 2,036 265,438 4,843 2,577 57 28.822 9,824 15,327 3,038 7,50 13,185 7,552 15,2(Ll 2,476 332,187 337,426 Support costs Marwgement Wages 26,400 24,0(X) Other Rates and water Insurancp L¢ght and heat Telephone Postage and stationerv Sundile5 Tiavel Computer cost5 Repairs and renewa15 8ank charge5 Freehold propertv Plant and machinÈry Los5 on sale of tangible fixed asset5 Bank loan interest 9,128 9,003 56,008 5,894 7.907 48,030 314 1,591 3.814 658 5,224 63,406 11,171 1,300 20,871 2,092 1,454 285 7.318 24,809 14,509 2,915 21,722 744 313 149,987 170,494 Governance costs Independent eK3miner5' fee5 Independent examiners, feès prior year Le8al and profèssional fee5 1,000 180 10.989 900 160 5.638 12,169 6,698 Total resources expended 535,649 555,054 Net income 88,979 18,299 This page doe5 not form part Of the statutory financial statements Page 21