| Page | |||
|---|---|---|---|
| Trustees' | annual report |
||
| Independent examiner's report to the trustees |
|||
| Statement | offinancial | activities | |
| Statement | offinancial | position | |
| Notes to the financial | statements |
| Reference a | nd adm | inistrative | details | |||
|---|---|---|---|---|---|---|
| Registered | charity | name | Greenbank | Pool | ||
| Charity registration | number | 1188253 | ||||
| Principal office | Greenbank | House | ||||
| 44 High Street | ||||||
| Street | ||||||
| Somerset | ||||||
| BA16 OEQ | ||||||
| The trustees | R Clark | |||||
| C Gould | (Resigned | 16March 2022) | ||||
| JBClark | ||||||
| E Gould | (Resigned | 16March 2022) | ||||
| SJ Clark | (Appointed | 23June 2022) | ||||
| R Clark | ||||||
| S Moss (Hon Treasurer) | ||||||
| N Smith* | ||||||
| N Swift* | ||||||
| LWolfers* | ||||||
| *Street Parish Council Representatives | ||||||
| Independent | examiner | Mr D C Winter ACA | ||||
| Chalmers | HB Ltd | |||||
| Chartered | Accountants | |||||
| 20 Chamberlain | Street | |||||
| Wells | ||||||
| Somerset BA5 2PF |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Endowment | ||||||
| funds | funds | Total funds | Total funds | ||||
| Note | E | 6 | |||||
| Income and endowments | |||||||
| Donations and legacies |
4 | 24,079 | 24,079 | 77,449 | |||
| Charitable activities |
5 | 450,403 | 450,403 | 3,250 | |||
| Investment income |
6 | 30 | 10,093 | 10,123 | |||
| Total income | 474,512 | 10,093 | 484,605 | 90,634 | |||
| Expenditure | |||||||
| Expenditure on charitable |
activities | 7,8 | 302,580 | 4,260 | 306,840 | 110,030 | |
| Total expenditure | 302,580 | 4,260 | 306,840 | 110,030 | |||
| Net gains/(losses) | on investments | 11 | 185,128 | 185,128 | (340,350) | ||
| Net income/(expenditure) | 171,932 | 190,961 | 362,893 | (359,746) | |||
| Transfers between |
funds | 50,000 | (50,000) | ||||
| Net movement in |
funds | 221,932 | 140,961 | 362,893 | (359,746) | ||
| Reconciliation of |
funds | ||||||
| Total funds brought | forward | 80,031 | 488,249 | 568,280 | 928,026 | ||
| Total funds carried forward | 301,963 | 629,210 | 931,173 | 568,280 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| Note | 6 | |||||
| Fixed assets | ||||||
| Tangible fixed assets | 17 | 132,069 | 138,151 | |||
| Investments | 18 | 250,635 | 65,507 | |||
| 382,704 | 203,658 | |||||
| Current assets | ||||||
| Stocks | 19 | 6,524 | 4,233 | |||
| Debtors Cash at bank and |
in | hand | 20 | 13,976 595,267 |
7,438 393,559 |
|
| 615,767 | 405,230 | |||||
| Creditors: amounts | falling | due within one year | 21 | 67,298 | 40,608 | |
| Net current assets | 548,469 | 364,622 | ||||
| Total assets less | current | Ilabgltles | 931,173 | 568,280 | ||
| Net assets | 931,173 | 568,280 | ||||
| Funds ofthe charity | ||||||
| Endowmentfunds | 629,210 | 488,249 | ||||
| Unrestricted funds |
301,963 | 80,031 | ||||
| Total charity funds | 23 | 931,173 | 568,280 |
| Donations | and legacies | ||||
|---|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
| Funds f |
2022 | Funds | 2021 | ||
| Donations | |||||
| Donations | from Street Parish Council | 20,000 | 20,000 | 32,000 | 32,000 |
| Other donations | 79 | 79 | 1,598 | 1,598 |
| Unrestricted | Total | Funds | Unrestricted | Total | Funds | ||
|---|---|---|---|---|---|---|---|
| Funds | 2022 | Funds | 2021 | ||||
| E | E | E | E | ||||
| Grants | |||||||
| Grants | receivable | 4,000 | 4,000 | 43,851 | 43,851 | ||
| 24,079 | 24,079 | 77,449 | 77,449 |
| Charitable | activities | ||||
|---|---|---|---|---|---|
| Unrestricted | TotalFunds | Unrestricted | Total Funds | ||
| Funds | 2022 | Funds | 2021 | ||
| E | E | E | F | ||
| Swimming | pool | 408,560 | 408,560 | ||
| Shop | 28,916 | 28,916 | |||
| Pool table | 38 | 38 | |||
| Car parking | 12,889 | 12,889 | 3,250 | 3,250 | |
| 450,403 | 450,403 | 3,250 | 3,250 |
| Investment income |
||||
|---|---|---|---|---|
| Unrestricted | Endowment | Total Funds | ||
| Funds | Funds | 2022 | ||
| E | E | E | ||
| Income from investment Bank interest receivable |
properties | 30 | 9,900 193 |
9,900 223 |
| 30 | 10,093 | 10,123 | ||
| Unrestricted | Endowment | Total Funds | ||
| Funds | Funds | 2021 | ||
| E | E | F | ||
| Income from investment Bank interest receivable |
properties | 9,900 35 |
9,900 35 |
|
| 9,935 | 9,935 |
| Expenditu | re on charitable activiti |
es by fund type |
||
|---|---|---|---|---|
| Unrestricted | Endowment | TotalFunds | ||
| Funds f |
Funds f |
2022 f |
||
| Swimming | pool | 251,645 | 251,645 | |
| Amenities | Trust | 1,400 | 1,400 | |
| Shop | ||||
| Support costs | 50,935 | 2,860 | 53,795 | |
| 302,580 | 4,260 | 306,840 | ||
| Unrestricted | Endowment | Total Funds | ||
| Funds f |
Funds f |
2021 f |
||
| Swimming | pool | 68,952 | 68,952 | |
| Amenities | Trust | 1,400 | 1,400 | |
| Shop | 115 | 115 | ||
| Support costs | 36,244 | 3,319 | 39,563 | |
| 105,311 | 4,719 | 110,030 |
| Expenditu | re | on charitable a |
ctivities by activity type |
|||
|---|---|---|---|---|---|---|
| Activities | ||||||
| undertaken | Support | Total funds | Total fund | |||
| directly f |
costs f |
2022 f |
2021 f |
|||
| Swimming | pool | 251,645 | 38,147 | 289,792 | 90,219 | |
| Amenities | Trust | 1,400 | 1,400 | 3,153 | ||
| Shop | 115 | |||||
| Governance | costs | 15,648 | 15,648 | 16,543 | ||
| 253,045 | 53,795 | 306,840 | 110,030 |
| Swimming | Pool | ||||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| 6 | |||||
| Filtration | 29,879 | 792 | |||
| Wages and | salaries | 120,643 | 23,224 | ||
| Employer's | NIC | 436 | |||
| Employer's pension Life insurance |
contributions | 1,789 | 1,547 84 |
||
| Rent | 9,900 | 9,900 | |||
| Rates &water | 15,189 | 2,640 | |||
| Light & heat | 24,145 | 6,595 | |||
| Repairs & maintenance |
41,248 | 15,509 | |||
| Equipment | 9 | ||||
| Other motor/travel | costs | 23 | |||
| Other expenses | 2,295 | 252 | |||
| Depreciation | 6,121 | 8,375 | |||
| Advertising | 2 | ||||
| Support and | Governance | costs (as per Note 10) | 50,935 | 36,244 | |
| Total | 302,580 | 105,196 | |||
| Shop | |||||
| Stock written | off | 115 | |||
| Total | 115 | ||||
| Amenities Trust |
|||||
| Depreciation | 1,400 | 1,400 | |||
| Support and |
Governance | costs (as per Note 10) | 2,860 | 3,319 | |
| Total | 4,260 | 4,719 |
| Analysis | ofsu | pport costs | ||||
|---|---|---|---|---|---|---|
| Swimming | Amenities | |||||
| Pool 6 |
Trust | Total 2022 6 |
Total 2021 f |
|||
| Premises | 8,686 | 1,079 | 9,765 | 3,069 | ||
| Communications | and IT | 7,439 | 169 | 7,608 | 6,725 | |
| General | office | 4,889 | 4,889 | 787 | ||
| Finance | costs | 2,617 | 2,617 | 264 | ||
| Governance costs |
14,036 | 1,612 | 15,648 | 16,543 | ||
| Insurance | 12,259 | 12,259 | 10,863 | |||
| Stationery and |
printing | 935 | 935 | 832 | ||
| Support costs - | Legal and professional | 74 | 74 | 480 | ||
| 50,935 | 2,860 | 53,795 | 39,563 |
| Governance | costs | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 2022 | 2021 | ||||||||
| E | |||||||||
| Accountancy | fees | 9,611 | 10,963 | ||||||
| Independent | examination | 1,336 | 1,200 | ||||||
| Secretarial costs | 4,701 | 4,380 | |||||||
| Total | 15,648 | 16,543 | |||||||
| During the |
period, | the Joseph | and | Frances | Clark | provided | accountancy | services | of F6,111 |
| (2021:E7,213)and | secretarial services ofE4,701 (2021:E4,380). |
| 11. | Net gains/(los | ses) on investments |
||||
|---|---|---|---|---|---|---|
| Endowment | Total Funds | Endowment | Total Funds | |||
| Funds | 2022 | Funds | 2021 | |||
| E | E | E | E | |||
| Gains/(losses) | on other investment | |||||
| assets | (185,128) | (185,128) | 340,350 | 340,350 | ||
| 12. | Net income/(expenditure) |
| Net income/(e | xpenditure) | is state | d after | ch | arging/(crediting): | ||||
|---|---|---|---|---|---|---|---|---|---|
| 2022 | 2021 | ||||||||
| E | E | ||||||||
| Depreciation | oftangible | fixed assets | 7,521 | 9,775 | |||||
| 13. | Independent | examination | fees | ||||||
| 2022 | 2021 | ||||||||
| E | |||||||||
| Fees payable | to the independent | examiner | for: | ||||||
| Independent | examination | ofthe | financial | statements | 1,336 | 1,200 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| E | E | ||||
| Wages and salaries | 120,643 | 23,224 | |||
| Social security | costs | 436 | |||
| Employer contributions | to pension | plans | 1,789 | 1,547 | |
| Other employee | benefits | 84 | |||
| 122,868 | 24,855 |
| Tangible fixed as | sets | ||||
|---|---|---|---|---|---|
| Swimming | |||||
| Freehold | Pool Plant (t | Swimming | |||
| property f |
Equipment f |
pool land 6 |
Total | ||
| Cost | |||||
| At 1 October 2021 | 152,257 | 232,937 | 28,792 | 413,986 | |
| Additions | 1,439 | 1,439 | |||
| At 30September | 2022 | 152,257 | 234,376 | 28,792 | 415,425 |
| Depreciation | |||||
| At 1 October 2021 | 61,657 | 214,178 | 275,835 | ||
| Charge for the year | 1,400 | 6,121 | 7,521 | ||
| At 30September | 2022 | 63,057 | 220,299 | 283,356 | |
| Carrying amount |
|||||
| At 30September | 2022 | 89,200 | 14,077 | 28,792 | 132,069 |
| At 30 September 2021 | 90,600 | 18,759 | 28,792 | 138,151 |
| Investments | |||
|---|---|---|---|
| Other | |||
| investments | |||
| 6 | |||
| Cost or valuation | |||
| At 1 October 2021 | 65,507 | ||
| Additions | |||
| Fair value movements | 185,128 | ||
| At 30September | 2022 | 250,635 | |
| Impairment | |||
| At 1 October 2021 and 30September | 2022 | ||
| Carrying amount |
|||
| At 30September | 2022 | 250,635 | |
| At 30 September 2021 | 65,507 |
| 19. | financial instru Stocks |
ments lies in the combination ofthe share |
valuation and the dividend yie |
ld. |
|---|---|---|---|---|
| 2022 | 2021 | |||
| 6 | 5 | |||
| Finished goods and goods for resale | 6,524 | 4,233 | ||
| 20. | Debtors | |||
| 2022 5 |
2021 f |
|||
| Prepayments | and accrued income | 6,854 | 6,161 | |
| Other debtors | 7,122 | 1,277 | ||
| 13,976 | 7,438 |
| Creditors: amounts f |
alling due within one year | ||
|---|---|---|---|
| 2022 | 2021 | ||
| 6 | |||
| Trade creditors | 31,381 | 21,602 | |
| Accruals and deferred | income | 28,660 | 18,653 |
| Othe~ creditors | 7,257 | 353 | |
| 67,298 | 40,608 |
| 1 | At Oct 2021 6 |
Income | Expenditure 5 |
Transfers f |
Gains and losses 6 |
At 30 Sep 2022 6 |
|||
|---|---|---|---|---|---|---|---|---|---|
| General | funds | 80,031 | 474,512 | (302,580) | 50,000 | 301,963 | |||
| 1 | At Oct 2020 |
Income | Expenditure | Transfers | Gains and losses |
At 30 Sep 2021 |
|||
| 6 | 6 | 6 | F | 6 | |||||
| General | funds | 54,643 | 80,699 | (105,311) | 50,000 | 80,031 | |||
| Endowment | funds | ||||||||
| 1 | At Oct 2021 |
Income | Expenditure 5 |
Transfers f |
Gains and losses 5 |
At 30Sep 2022 f |
|||
| Amenities | Trust | 488,249 | 10,093 | (4,260) | (50,000) | 185,128 | 629,210 | ||
| 1 | At Oct 2020 |
Income 6 |
Expenditure f |
Transfers | Gains and losses 6 |
At 30Sep 2021 8 |
|||
| Amenities | Trust | 873,383 | 9,935 | (4,719) | (50,000) | (340,350) | 488,249 |
| 24. | Analysis of net as | sets be | tween funds | |||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Endowment | Total Funds | ||||||
| Funds | Funds | 2022 | ||||||
| E. | E | E | ||||||
| Tangible fixed assets |
42,869 | 89,200 | 132,089 | |||||
| Investments | 250,635 | 250,635 | ||||||
| Current assets Creditors less than |
1 year | 318,753 (59,659) |
297,014 (7,639) |
615,767 (67,298) |
||||
| Net assets | 301,963 | 629,210 | 931,173 | |||||
| Unrestricted | Endowment | Total Funds | ||||||
| Funds | Funds | 2021 | ||||||
| F | E | |||||||
| Tangible fixed assets |
47,551 | 90,600 | 138,151 | |||||
| Investments Current assets Creditors less than |
1 year | 66,357 (33,877) |
65,507 338,873 (6,731) |
65,507 405,230 (40,608) |
||||
| Net assets | 80,031 | 488,249 | 568,280 | |||||
| 25. | Financial instruments |
|||||||
| The carrying amount |
for each category offinancial | instrument | is as follows: | |||||
| 2022 | 2021 | |||||||
| E | E | |||||||
| Financial assets measured Financial assets measured |
at fair value through income at fair value through income and |
and expenditure | ||||||
| expenditure | 250,635 | 65,507 |