## **Kidsgrove Sports Centre Community Group (CIO)** 56 Fifth Avenue Kidsgrove Staffordshire ST7 1DA ## **Annual Report** ## **and Financial Statements 23rd October 2020 - 2021** **Charity Number: 1175301** 2 ## Contents |**Legal and Administrative Information**|**3**| |---|---| |**Chairs Statement**|**4**| |**Charitable Purpose**|**5**| |**Governance**|**5**| |**Aims / Performance Review**|**6**| |**Financial Performance**|**7**| 3 ## Legal and Administrative Information The trustees presents its directors’ report and financial statements for the year ended 23rd October 2021. ## Reference and Administrative Information **Charity Name:** Kidsgrove Sports Centre Community Group (CIO) **Charity Registration Number:** 1175301 **Registered Office:** 56 Fifth Avenue, Kidsgrove, Staffordshire, ST7 1DA ## **Trustees:** Mark Clews (Chair) David Rigby (Treasurer) Amy Jackson (Secretary) Ray Williams Gillian Burnett Natalia Stothard Geoff Beadle Kerry Thomas **Bankers:** Barclays Bank, 90 Liverpool Rd, Kidsgrove, Stoke-on-Trent, ST7 1DZ 4 ## Chairs Statement The closure of Kidsgrove Sports Centre in June 2017 demonstrated the importance of community leisure provision. Whether it was the 350+ people who attended the public meeting at Kidsgrove Town Hall or the dedicated protestors who regularly attended Council Meetings, the message was heard loud and clear the importance of our Sports Centre. Kidsgrove Sports Centre was built in the early 1970’s with help and support from the community. Now, 40+ years on we are in a position where the community can once again directly influence the provision of leisure within Kidsgrove and surrounding areas. The maintenance and operating of Kidsgrove Sports Centre is very much the purpose of the Kidsgrove Sports Centre Community Group. 2021 has continued to be a challenging year externally, however one which has seen positive progress towards the reopening of Kidsgrove Sports Centre. Kidsgrove was successful in its application to the Town Deal fund, which has provided an additional £2.8million towards the overall project costs. This process has also seen the Business Case reviewed via the Government's Green Book process, further strengthening the financial case we have modelled. Renovation of Kidsgrove Sports Centre has now commenced with Newcastle Borough Council awarding a contract to Willmott Dixon Construction, via the SCAPE framework to undertake the renovation. This renovation is expected to be completed in Spring 2022, when the centre will reopen to the public under charitable community ownership. I am pleased to report that the lease and funding agreement between KSCCG and Newcastle Borough Council has recently been agreed and is now being concluded by our respective legal teams. This agreement puts in place security for both organisations and will result in the long term delivery of community leisure provision from the site. The focus is now switching very much on the operational aspects of Kidsgrove Sports Centre and the planning for reopening and operating the sports centre. Recruitment for staffing will commence in the new year. This is a really exciting time for the community and a real testament of the power of the local community. The support and passion amongst the local community is truly remarkable and it 5 should never be underestimated the impact that this has played in getting us into the position that we find ourselves in today. It will not be long until we can look forward to a new exciting era of community led leisure provision for Kidsgrove! M Clews Chair 6 ## Charitable Purpose The objects of the CIO is for the public benefit to provide facilities for recreation, advancement of amateur sports and other leisure-time occupation in the interests of social welfare with the object of improving the conditions of life for the communities of Kidsgrove and surrounding areas within North Staffordshire and South Cheshire. ## Governance The Kidsgrove Sports Centre Community Group (CIO) Governance is within accordance with the conditions set out within the founding constitution. Details of the founding trustees and specific organisational roles are listed on Page 2. There have been no changes to the Governance during this reporting period. 7 ## Aims / Performance Review This section will consider the different aims which were set by the Kidsgrove Sports Centre Community Group (CIO) for the 2020 - 2021 period. There is a commentary against the performance of each stated aim. ## **Secure the backing and support of major stakeholders** The Kidsgrove Sports Centre Community Group (CIO) successfully managed to secure the support and financial backing of the major stakeholders who we identified as being able to enable the successful completion and operation of the centre. The Kidsgrove Sports Centre Community Group (CIO) has been able to secure the backing from NulBC to invest £5.97m in a full refurbishment of Kidsgrove Sports Centre, which has led to the appointment of Willmot Dixon to complete the project refurbishment under the SCAPE framework. In addition to this the project has secured £2.8million, via the Kidsgrove Town Deal. The Kidsgrove Sports Centre Community Group (CIO) continues to have the support of Sport England who have provided some business development assistance, whilst also investing a substantial figure from their Community Asset Fund. They have stated this project aligns very well to the objectives of this fund. This funding has been paid directly to Newcastle Borough Council who have contracted the renovation of the centre. ## **Develop a detailed sustainable operating model** The Kidsgrove Sports Centre Community Group (CIO) was awarded some grant funding to enable us to employ the services of FMG Consulting in December 2020. They are respected industry experts and worked closely with the board of trustees to develop a sustainable business model for operation of the centre, including consideration for the expected impacts of Covid-19 on the leisure industry. In January 2021 our business model passed a Green Book business case assessment as part of the Town Deal process, which enabled access to funding awarded by Central Government as part of the Kidsgrove Town Deal. 8 ## **Develop detailed costed plans for Kidsgrove Sports Centre** A detailed cost plan was developed by Newcastle Borough Council and Willmott Dixon Construction using the SCAPE framework, with the final cost of the renovation being expected to be around the £7.5million mark. Work is currently taking place on this refurbishment. ## **Reopening Kidsgrove Sports Centre** The current projected reopening of Kidsgrove Sports Centre is anticipated to be around June 2022. 9 ## Financial Performance The accounts for the year ending October 23rd 2021 are presented in this section. These accounts have been produced using consistent financial principles which have been applied throughout the year. Depreciation is calculated using the straight line method with an assumption that the usable life of assets is 5 years. ## Income Statement ## Statement of Financial Position