2023-09-30-accounts - Greenbank Pool

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		Page
Trustees'	annual report
Independent examiner's report to the trustees
Statement	of financial activities
Statement	offinancial position
Statement	ofcash flows
Notes to the financial statements		10

Reference a	nd adm	inistrative	details
Registered	charity	name	Greenbank	Pool
Charity registration		number	1188253
Principal office			Greenbank	House
			44 High Street
			Street
			Somerset
			BA16OEQ
The trustees			R Clark
			JBClark
			SJ Clark
Management	Committee		R Clark
			SMoss (Hon Treasurer)
			N Smith*
			N Swift*
			LWolfers*
			*Street Parish		Council Representatives
Accountants	&Independent		Mr D C Winter		ACA
Examiner			Chalmers	HB	I td
			Chartered	Accountants
			20 Chamberlain		Street
			Wells
			Somerset
			BA5 2PF

					2023		2022
				Unrestricted	Endowment
				funds	funds	Total funds	Total funds
			Note		6		6
Income and endowments
Donations and legacies Charitable activities			4 5	30,659 472,500		30,659 472,500	24,079 450,403
Investment income			6	2,112	11,886	13,998	10,123
Total income				505,271	11,886	517,157	484,605
Expenditure
Expenditure on charitable	activities		7,8	487,674	3,845	491,519	306,840
Total expenditure				487,674	3,845	491,519	306,840
Net gains on investments			11		29,905	29,905	185,128
Net income and net movement		in	funds	17,597	37,946	55,543	362,893
Reconciliation offunds
Total funds brought forward				301,963	629,210	931,173	568,280
Total funds carried forward				319,560	667,156	986,716	931,173

30September	2	023
					2023	2022
				Note	f
Fixed assets
Tangible fixed assets				17	125,562	132,069
Investments				18	280,540	250,635
					406,102	382,704
Current assets
Stocks				19	3,770	6,524
Debtors				20	11,006	13,976
Cash at bank and	in	hand			658,716	595,267
					673,492	615,767
Creditors: amounts		falling	due within one year	21	92,878	67,298
Net current assets					580,614	548,469
Total assets less	current		liabilities		986,716	931,173
Net assets					986,716	931,173
Funds ofthe charity
Endowment funds					667,156	629,210
Unrestricted funds					319,560	301,963
Total charity funds				23	986,716	931,173

			2023	2022
Cash flows from operating	activities
Net income			55,543	362,893
Adjustments for:
Depreciation oftangible fixed assets Net gains on investments Dividends, interest and rents from investments Interest payable and similar charges Accrued (income)/expenses			8,005 (29,905) (13,998) 3,262 (4,696)	7,521 (185,128) (10,123) 2,617 10,007
Changes in:
Stocks Trade and other debtors Trade and other creditors			2,754 2,970 30,276	(2,291) (6,538) 16,683
Cash generated from operations			54,211	195,641
Interest paid			(3,262)	(2,617)
Net cash from operating activities			50,949	193,024
Cash flows from investing	activities
Dividends, interest and rents Purchase oftangible assets	from investments		13,998 (1,498)	10,123 (1,439)
Net cash from investing activities			12,500	8,684
Net increase in cash and cash equivalents Cash and cash equivalents at beginning		ofyear	63,449 595,267	201,708 393,559
Cash and cash equivalents	at end ofyear		658,716	595,267

		Unrestricted	Funds	Unrestricted	Funds
		Funds f	2023 f	Funds f.	2022 f
Grants
Grants	receivable			4,000	4,000
		30,659	30,659	24,079	24,079

Charitable	activities
		Unrestricted	Total Funds	Unrestncted	Total Funds
		Funds f	2023 f	Funds f	2022 f
Swimming	pool	430,406	430,406	408,560	408,560
Shop		25,017	25,017	28,916	28,916
Pool table		44	44	38	38
Car parking		17,033	17,033	12,889	12,889
		472,500	472,500	450,403	450,403

Investment income
		Unrestricted	Endowment	Total Funds
		Funds f	Funds	2023
Income from investment	properties		9,900	9,900
Bank interest receivable		2,112	1,986	4,098
		2,112	11,886	13,998
		Unrestricted	Endowment	Total Funds
		Funds f	Funds f	2022 f
Income from investment	properties		9,900	9,900
Bank interest receivable		30	193	223
		30	10,093	10,123

Expenditu	re on charitable activiti	es by fund type
		Unrestricted	Endowment	Total Funds
		Funds	Funds	2023
		8	f
Swimming	pool	431,295		431,295
Amenities	Trust		1,400	1,400
Support costs		56,379	2,445	58,824
		487,674	3,845	491,519
		Unrestricted	Endowment	Total Funds
		Funds	Funds	2022
		F	6	8
Swimming	pool	251,645		251,645
Amenities	Trust		1,400	1,400
Supportcosts		50,935	2,860	53,795
		302,580	4,260	306,840

Expenditu	re	on charitable a	ctivities by activity type
			Activities
			undertaken	Support	Total funds	Total fund
			directly	costs	2023	2022
			r.	F		5
Swimming		pool	431,295	43,106	474,401	289,792
Amenities	Trust		1,400		1,400	1,400
Governance		costs		15,718	15,718	15,648
			432,695	58,824	491,519	306,840

Swimming	Pool
				2023	2022
					6
Filtration				26,529	29,879
Wages and	salaries			146,243	120,643
Employer's	NIC			265	436
Employer's	pension	contributions		1,952	1,789
Life insurance				168
Rent Rates &water				9,900 29,849	9,900 15,189
Light 8 heat				71,837	24,145
Repairs & maintenance				135,990	41,248
Other expenses				1,957	2,295
Depreciation				6,605	6,121
Support and	Governance		costs (as per Note 10)	56,379	50,935
Total				487,674	302,580
Amenities Trust
Depreciation				1,400	1,400
Support and	Governance		costs (as per Note 10)	2,445	2,860
Total				3,845	4,260

		Swimming	Amenities
		Pool	Trust	Total 2023	Total 2022
		6		5	F
Premises		12,004	957	12,961	9,765
Communications	and IT	7,496	168	7,664	7,608
General office		3,278		3,278	4,889
Finance costs		3,262		3,262	2,617
Governance costs		14,398	1,320	15,718	15,648
Insurance		14,418		14,418	12,259
Stationery and	printing	1,523		1,523	935
Support costs -	Legal and professional				74
		56,379	2,445	58,824	53,795

Analysis of	support costs (coritinued)
Governance	costs are analysed as follows:
Governance	costs
		2023	2022
Accountancy	fees	8,819	9,611
Independent examination Secretarial costs		1,420 5,479	1,336 4,701
Total		15,718	15,648

11.	Net gains o	n	investmen	ts
							Endowment		Total Funds	Endowment	Total Funds
								Funds	2023	Funds	2022
									E	E
	Gains/(losses)		on other	investment
	assets							29,905	29,905	185,128	185,128
12.	Net income
	Net income is		stated after		charging/(crediting):
										2023	2022
											E
	Depreciation	oftangible		fixed assets						8,005	7,521
13.	Independent		examination		fees
										2023	2022
										E	E
	Fees payable		to the independent			examiner		for;
	Independent	examination			ofthe	financial	statements			1,420	1,336

and above the independ Staff costs	ent exami	ner's fee ofE1,440 (2022	:E1,336).	.
The total staff costs and	employee	benefits for the reporting	period are analysed as	follows:
			2023	2022
			E	E
Wages and salaries			146,243	120,643
Social security costs			265	436
Employer contributions	to pension	plans	1,952	1,789
Other employee benefits			168
			148,628	122,868

help offset the main expenses oft Tangible fixed assets	he pool and also to	support the pool	after COVID.
		Swimming
	Freehold	Pool Plant &	Swimming
	property f	Equipment 6	pool land 8	Total
Cost
At 1 October 2022	152,257	234,376	28,792	415,425
Additions		1,498		1,498
At 30 September 2023	152,257	235,874	28,792	416,923
Depreciation
At 1 October 2022	63,057	220,299		283,356
Charge for the year	1,400	6,605		8,005
At 30September 2023	64,457	226,904		291,361
Carrying amount
At 30 September 2023	87,800	8,970	28,792	125,562
At 30September 2022	89,200	14,077	28,792	132,069

	Other
	investments
	E
Cost or valuation
At 1 October 2022	250,635
Additions
Fair value movements	29,905
At 30September 2023	280,540
Impairment
At 1 October 2022 and 30September 2023
Carrying amount
At 30September 2023	280,540
At 30 September 2022	250,635

19.	Stocks
				2023	2022
				E	E
	Finished	goods and goods for resale		3,770	6,524
20.	Debtors
				2023 E	2022 f
	Prepayments		and accrued income	1,925	6,854
	Other debtors			9,081	7,122
				11,006	13,976

Creditors: amounts	falling due within one year
		2023	2022
Trade creditors		61,993	31,381
Accruals and deferred	income	23,964	28,660
Other creditors		6,921	7,257
		92,878	67,298

			At				Gains and	At 30Sep
		1 Oct 2022		Income	Expenditure	Transfers	losses	2023
			6					8
General funds			301,963	504,612	(487,015)			319,560
Designated	Fund
-Pool scrubber				659	(659)
			301,963	505,271	(487,674)			319,560
		1	At Oct 2021 8	Income	Expenditure f	Transfers 8	Gains and losses 8	At 30Sep 2022 6
General funds			80,031	474,512	(302,580)	50,000		301,963
Designated	Fund
-Pool scrubber
			80,031	474,512	(302,580)	50,000		301,963

		1	Oct	At 2022 6	Income f	Expenditure 6	Transfers 6	Gains and losses f	At 30Sep 2023 6
Amenities	Trust		629,210		11,886	(3,845)		29,905	667,156
		1	Oct	At 2021 6	Income 6	Expenditure 6	Transfers f	Gains and losses	At 30Sep 2022 6
Amenities	Trust		488,249		10,093	(4,260)	(50,000)	185,128	629,210
Analysis	of net assets between				funds
						Unrestricted Endowment			Total Funds
							Funds	Funds	2023
							6	6
Tangible	fixed assets						37,762	87,800	125,562
Investments								280,540	280,540
Current assets							367,241	306,251	673,492
Creditors	less than	1	year				(85,443)	(7,435)	(92,878)
Net assets							319,560	667,156	986,716
						Unrestricted Endowment			Total Funds
							Funds	Funds	2022
							F	6	6
Tangible	fixed assets						42,869	89,200	132,069
Investments								250,635	250,635
Current assets							318,753	297,014	615,767
Creditors	less than	1	year				(59,659)	(7,639)	(67,298)
Net assets							301,963	629,210	931,173

	The carrying	amount	amount	for each category of financial	for each category of financial	for each category of financial	instrument is as follows;	instrument is as follows;	instrument is as follows;
										2023	2022
	Financial assets		measured		at fair value through		income	and expenditure
	Financial assets		measured		at fair value through	income and
	expenditure								280,540		250,635
26.	Analysis of	changes		in net debt
											At
							At 1 Oct 2022 f		Cash	flows f	30Sep 2023
	Cash at bank	and	in	hand				595,267		63,449	658,716