Charlty rgistrktirpth number 1193395 Company rtgistr•tion number 13014679 ffllgiand and Wales) CHANCTONBURY COMMUNITY LEISURE LTD ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 CHANCTONBURY COMMUNITY LEISURE LTD LEGAL ALYD ADMINISTRATIVE INFORMATION Trllsttes P Pjckard S Hodg¢s R Dent T Euesden S Kibbl¢whit¢ D CTaeknell C Brown (Appointed 19 May 2023} Cbarity nU￿ber 1193395 Comp*ny number 13014679 Registered offi¢e Chancionbury Leisure C¢ntr¢ Spierbridge Road SiorringioL Pulborou8h West Su55ex RH20 4PG IDdÈpethdent examlner Darren Harding ACA FCCA DChA Richard Placc Dobson Strviees Limiied 1.7 Staiion Road Crawley W¢st Sussex RHIO IHT CHANCTONBURY COIVIMUNtTY LEISURE LTD CONTENTS Page TNsttts' rcport Indepettheni examin¢r's repott StatemeJJt of financial actL*i(ies Balance sheet 10- IL Statemeni Of Cash flows 12 Notes to the fiD￿Cial statements 13-26 CHANCTONBURY COMMUINITY LEISURE LTD TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) FOR THE YEAR EJVDED 31 MARCH2024 The knsiees prs¢nt their annual Teport and fitt2ttti21 statemenis for the year ended 31 March 2024. The finarteial sraiements have been prepared in arcordanre with the accounting policie5 set out itl note I to ihe financial staiemenrs and comply wilh Ihe Charity'.￿ M¢tllorandum and Articles of Association the Companies Aci 2￿0 and "Accouniing and Reporting by Clwiiie5.' Stat¢rnenl of RecoTnrnended Practice appljcable 10 chariiies prepaiing Iheir accounts in accordance with the Financial Reporting Siandard applicable in the UK dnd Republic of Irelartd IFRS 1021. Icffectivc l January 20191. Obje¢tive$ #nd #¢tivltle$ The orgBnisalion's objecls aTe. for the public bcnefii, Ihe advancemeni of am&t¢UT Sport and the promotions of Zctil'llies thai hai'¢ a prov¢n b¢n¢fi¢ial effect on health by the provision of Itisure facilirie5 for re¢r¢ation or other leisure titne occupation for the g¢n¢ral public. Th¢ ￿$te¢S have paid due regard to guidance issued by ihe Charity Commjssion ID deciding wbat activitie5 th¢ charity should und¢nak¢. Achltvemenis *nd ptrformance This year has been one of significant developmcni for Chaneionbury Cornmunity Leisure with th¢ Charity undertakittg a numberof invesrmeni Projects. culTninatinB in the much aniicjpaied full refurbishjneni of the tirst tloor Fimess Suite. This projcci saw Ihe toial capital inv¢stm¢nt undettaken by CCL exce￿ £350k. since opening in 2021. Chancionbury Communiry L¢i5ur¢ is now able 10 boast a faciliry that will Provide long i¢rn sustainability for the Charity at the same time as ¢siablishin8 the Centre as the leading wellbeing provider Wlthin the local aTea. Operaiionally ihe C¢Dtr¢ has s¢¢n ¢Xtremely positive numbers in r¢rnJs of both sponin8 a¢tiviiies and membership sales. Areas IncludiLQ the 3G and the Main Ilall hav¢ seen $ignificant Jncreases in fooifall with tht 3G facility benefiiiirtg from increased activity Tart¥ing from local junior leani training thiough to Men's Mental Health s¢ssions. As always, the Commwjity focus of ihe Centre has b¢¢tL high. The facility has seen an increasing number of rornmunity groisps utilising th¢ Centre, btsngiD8 in more local peopl¢. who Tnay not have visilcd lh¢ C¢nire previously. The Charity has alsu forni¢d stron¥ partnerships with a tsumber of local busine55¢s. oTg3nisalions and local auihors to provid¢ them M'ith access 10 the Cenre io display Iheii products and scTriees. Ratiging tTQTn a local financial I ieiirement advisor Ihrough to High Street sole traders. the Centr¢ continues ro aid and assisi the local community with full inclusivity. Partnership worlung has always b¢¢n high on the agenda for ihe Chariry and this yeaT has seen a SITcn￿heolng of IiDks with th¢ Neighlx)urhood Ward¢ns, HaTsham District Couneil, MtND, AgeUL ih¢ Macular Society, BaTclays Bartk, The Ciiiz¢ns Advice BuTeau and tnany more besides. Chanctonbury Cotjjmunity Leisu￿ tnainlains that the ethts8 of the Centre is ihgt W¢llb¢ing 15 llot purely centred upon the Gym. Group Exercise and Physical FiuJess. M¢ntsl Health, E￿oI10La1 Wellbeing and Social ItJieT3clioll Ivgeihet wilh Healthy Living all contribute lo both achieving and niaintsining oveTall Wellbeing. The Chanctonbury Teatn ￿ul1￿ClY and aciivcly ¢ncourage all useTS vigiiors 10 cxperi¢n¢¢ every aspect of the PTOVl5ion on offer trom Gym to Classes, from Health Suire io Workshops and frotn trying new spons 10 JoiniDg new social ¥roups. All delivered to impact on every part of overall Wellb¢ing. The RefUrbl5h￿tknt Projett Ai the point of opening the Cenire, posi lockdom￿, in 2021 the Board of TTUSi¢¢S Tecognis¢d the need io plan for a refurbishmenr of th¢ fime5s facility. The gynj equipment that was in SI￿ ai takeover wa8 7+ years old and begitjning to show signs of wear. The l&youl of the gym did not eater for the subtle changes in the fttn¢ss market over the post years and. to maintath the overall quality of th¢ CentT£, il was llnportant to plan for future 8ustaittability. A full replactmenr of all fitness equipmcnt, and refurbishment of the gytn, is a large inN'esim¢nt for a n¢ivly formed Charity, being budgeied ai oyer £250.000. PTudent budgeiing, iogether with PTOtection of Charity reserves and 8 healthy telotiortship with our banking pamiers- Charity Aid Fouftdaiion and The Charity Bank, has alloived CCL io pui y¢t fvrtheT investrneni ittio this COTtununity asset. page I CHANCTONBURY COMMUNITY LEISURE LTD TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR EJVDED 51 MARCH 2024 The project comm¢n￿ with rhe relocation of the ¢xisting g>Tr into the Main Hall. Thts wa5 deSi￿ed to ellsur¢ that the cujrent [nem￿rship base ¢xpericnced limited disruption dwtnu the buildirtg works and in$tsllation of n¢w equipm¢nt. Thc PTr>ject saw 8 large degree of logistteal planning 10 relocate this quatttity of equipmeni into * busy Sports Hall and the fmal result was extrcjncly well r¢ceived by members, who reco￿lSed th¢ ¢ffon pui in by Ibe team 10 cnsurc continuity. The Gym then underw¢ni a full tTansforn]ation with ncw electnc4 lighiirt8, fvll d￿0[atIOn. ceiling repl￿eMent, grdphics and new free weights flooring. The Gym now provides acG¢55 ro fhe very latest Technogym equipment, supported by the most recettt digitsl platfoxm. a ￿¢W and extended free weigbtq facility. extra fixed r¢sistsLce. G2Tdiovascular equipmeni and a iefrtshed Kiresis Suire. The Centre has also inves1￿ in "new to the markct" equipment including a Box12. Octane Sexted X-TrdlUef. a Skill Brkc, a Skill Row a pair of RIDE Bikes, feattLTing live and oll demand classes. Thi facility is now able lo cater for the ineTeas¢ in frec weighLE and fvnctional filn¢55 users as well as maintsining th¢ sp￿lf1¢ equiprnent and environtn¢Dt for our ever growing EXe￿Ise on R¢f¢rral initiaiive. Th¢ f¢edback has continued to be extrem¢ly positiie from all metnbeTS with the interactive f¢atsr￿ and the etthanted Layout of the equÈpment feaknring h>ghly. Contre Invesim¢Dt The Gym re￿rbIshMenI r¢pie5ented the laiest inv¢stment into the Centre alld takes th¢ toral invesied in this community faciliry to over £350.000 since 2021. Projects hav¢ included:_ I￿allatiV￿ ofboth int¢mal and eKt¢rna] LED lithiing forincreased cn¢Tgy efficiency Neiv Communilv 3G facility New Solar Envcrtor Three new b¢il¢rs Refurbished Main Hall & Studio floors Construction of an outside geatillg area N¢w signagc throughout the Centre Health Suite refurbishment and new ceiling Redecoration throu¥hout New, twkcti￿o matcnals I Commuttity Notice Board Full Gym refurbishment and replaeement Membership Totals The end of year M¢mb¢rship totsi for th¢ Centre sits at 1558 members- fully inclusive of JunioT8. Refenals, Stsnd8rds attd up front membershtps. Th¢ C¢yJtre sold a iotHI of 579 Direct Debit Memberships, against a budgeted fi8ur¢ of $26: a n¢r oaitt of 265. againsi targer of 203. The ctsrF¢nt membttship iotsl 8ItS significantly above th¢ pre-cowid 19 figure and demonsrrates thai th¢ Cents? ha$ fully r¢cDveted from lockdoivn and is actively thriving as a wmmuniry assei. tn (ern)s of fooifall the C¢ntte atiracls betweell 18 IKIO 20.I>OQ visits P¢T ]nonth and h&$ significanily intFe3sed the att¢ndanc¢ levels from all dcmowdphics within the itnni¢iiiaie cttchmellt, as well as further afJ¢ld. page 2 CHANCTONBURY COMMUNITY LEISURE LTD TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Whal does 3 Membership intlllde. A monthly m¢mbeTship at ChanctoDbury is bemeen £36 - £44 per month. Stsndard. Junior. Concession and Pay A8 You Go Memberships ar¢ 3190 available. A m¢mbership at Chancionbury provides the following:_ Unlirniled Gym 8ccess 362 days a yeaT Full Induciion with qualitied InsttuctOTS A Perbonal Programm¢ with a qualified knstFUCtor relevant to your requirements APersonal Programm¢ refr¢sb every n)onth- a 1..2..1 with an IngtnJ¢iDr Access 10 Bodiirax. a full Body Composilion Analysi5, every Tnonih Unlimited access io all Group E%ei¢sse Classes Urtlimited access io Ihe Sauna 8nd St¢arn Roon]s FTee Court hire forbadn￿ttton. tabl¢ t¢nnis. Picklebail 2nd shon tennis Access to the Chattciollbury Leiiure App - with virtual membership cards. one click booking for all activiti¢s and dashboard foi accounis Acce55 10 th¢ Chgnctonbury Technogym App- access to your Personal Programm¢ with v]deos, fijll tracking of hcalth and progress, access io hundrds of on de￿aTrd Classes to sireanJ ai home. cr¢ai¢ your own workout or attess hulldreds of goal specific PTogratllm¢S Acces5 10 the Bodiirax 2.0 App io wack pro￿$$ on area ineluding Muscle Mass. Body FaL Visc¢ial Fa¢ Bone D¢nsity, HydTal)on, Cellular Iniegriiy. Leg Mu%le S¢ore, Metabolic A¥e, BMI and Physique Score. Staff The Centre has benefitted from an extremely stable staff base througbout this financial year. ]ncreased mernbeTsh2p and d¢Tnand has seen a need for the Centre io iti¢reas¢ the teatn with new ExeTClSe vn Referral lrtsiruciors. Re¢r¢ation Assistanis and Gmup ExeTtise lrtstruciors. Chanetonbury Communiry Leisur¢ Te¢ognises that the staff ale irs greatesi asset and continuously irtvests in the team via training opportunities. Since ill¢epiion th¢ Chariry has fijnded the following courses for siaff... Level 2 & 3 Fiirtess Insrrucior Qualifications x 6 ExeTCl5e on Referral Insirucior Qual)fi¢ations x 4 Sealed Exercise Qualificaiions x 2 C3nceT Rehabililatiun Qualification x I PostUTal C0￿C(li0￿ Qualification x I M¢nopaus¢ Qualification x I Back Car¢ Qualification x I Technogym Masier Training Regular Fun￿le￿al Fitness Workshops Staff costs represent 47.90/4 of rurnover for ih¢ y¢yr- comfortably wiihin budgei. The siaff rontinu¢ to represent the heanb¢ar of the Centre. The culmre. amosphere and high levels of eustomer servic¢ aT¢ down 10 ih¢ hard WQTk and professionalism of the tearn. It is their enthu8ia8m and dedication that makes Chancionbury the Cenire Ihat it has b¢cO￿e. C0￿m￿nI￿. Impact The nutnber of ociiviiies with significant Communiry Impact OP¢TaliTi8 QUI of the Centre continues lo grow. In a telotively short time Friod the demand is outgrowing the available space ai th¢ C¢Dtr¢ aTrd the Charity t8 actively hnvtstsgating altemative solutions lo hvusing some of these tnuch Deeded aciiviiies. The current r¢gulaT sessiorts includ¢'. B#rtl#vs Bink This w¢ekly session. aimed ai combauing the 5hortaEe of villag¢ High Str¢¢l Banks, continues io grow in pvpularity with regular queues beginning 10 b¢ ihe standard each week. Refill C¢ntre our Relill Centre is fi)cli&￿￿ on lowenng the amount of singli. use plasiic and hgs proved so successful to date that we have extended both the delivery lime and ihe r8Dg¢ of products on offer. Cltixens Advice- Conthiuniiies based in n]ral settlements find travel a significant hurdle to accessing servic¢5 such as this. We provid¢ a SeFvice bi-weekly out of the CentTe s office $pacc. page 3 CHANCTONBURY COMMUNITY LEISURE LTD TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2Q24 Cuppg & * Chat- AiTned at tsTgeting those living in socÈal iselation this monthly session, in parthership with The N¢iJo Jbourhood WaTd¢ns. continues 10 grow with up to 25+ participants each week Thts ev¢iLt will be extended in 2024. wiih more pi¢k up points and Community travel opportuniti¢s add¢ Comrnonitv Food Hub-This monthly cvent focusses on limiting food Was￿ ooing 10 lartdfill. It also assists tho$¢ in n¢ed with t bag of 5hoppittiF being provided Cor a nomirtal doD3tion. In partts¢Tship with UK H3Tvesi this monthly eycnr attratl% upwards of 100 visitors. Macular Society- For those living with devencraiittg cycsight this group meets monthly and has doubled attendance in 8 montbs. Book Club-A local oup meeting bi weekly in the C￿tre'S café. Local Business Opporththities- tbe Centre contiAues to wclcome local ttzdws, H1￿h Sirea shop oW￿¢r5, financial advisors, local authors erc into th¢ Cenir¢ io plate a stall in Recepiiott and rn¢¢t ourcustomers MIND & AgeUK- the Certtre has fornicd partherships with both MIND aDd AveUK to provide sp2c¢ for both group 3nd 1..2..1 S￿sID￿5 on a regular basis. Community Workshops - the Chariry d¢liv¢rs regulu free MerJopaus¢ Wort(shops. Blood Pressure Workshops. Nutrition and Diabe1¢5 Workshops. A numb¢r are run ill partncT5hip IAryth HDC'S Wellb¢ing T¢am and are offered free of charg¢ to members and non-meTllbers alike. Outrtath - thc Ccntrc h¥s SUPPOTted local village$ in their cvcnts includtttg PLJJborougL West chiltin￿On and Washingto]J. The Centre has also proNided fre¢ FirstAid trainllw to ev￿ Coath of Ste)ry)IngToy￿ Conjmunity FC. Free first Aid Workshops Th¢ C¢nrre reoulaFly delivers free First Aid l D¢fib Training Course fi)r th¢ local community. traders 8nd businesses as well as First Aid al Work cnurse5. The Certtre has 8lso d¢livcrcd Save a Baby's Life course$ fr¢e of cha￿¢ (thtse are idEal pre the SumJn¢T holidays for partntg and grandpar￿ts) Communitv Boxing - funded via HoT51wn District Coun¢il's Community Team, has seen 21Ik p3rticipanr5 OJ) regll1￿ basis. Free Indoor SkateboirLlimg - in conjunoitort with the South Coast Skaie Club the Centre delivers free indoor sk&t¢boarding ¢oa¢hin* throvvJour th¢ Hqnter months io prepare new and ¢xpcnenced skaters for the Spring I Summ¢r. The CtnEre has delivered junior. adult, ftmale only, Trdll5 & Non Binary only sessions. D#rts - to cnsurt thar the spons on offer also r¢flcct c￿￿eTrt tr¢nds and minoTity sports the Centre delTver& in Partnership with thc N¢ighbouthood Warden& wcckly darts session for alL ages Il+ 3G- the commuDity fa¢ility is now hu]ne io ov¢r 25 local jurtior football teams 2nd the Centre off¢FS out both free and discounied us2ges during the school holidays to encourage usag¢. Junior Fitne55 the Centre delive¥s junior fitness opportunities 7 days a w%k and Thvice a day durintj 311 school holidays. Thc Centre now has over 200 junior useTS aged Il+ actiyely u$ing the facility on a regular basis Free Junior Fitness- the Centre. with fitnding frorn Sussex Police. ptoiide5 free junior tnemberships to those young people iti need. as hiirhlighied by local Neigh￿￿￿0{￿j WardeJJs. Free Leve12 Qualilltations - from ihose ae¢e55inv the ftrc junior fithess the CentrE a150 d¢liv¢rs 8 Level 2 Gym Q￿alIfication for a sele¢tion of thes¢ young peoplc, proNid1￿8 3 qualifIc¥tion thAt i$ both accredited aT￿ recognis¢d worldwide. fach qualifitrdiion is delivcied free of charge (normal p]Ir¢ £695 per sttjdentl Pitkleball - the fastest growing spon in AmeTiC2 now h28 thr¢¢ drop in s¢55ions at ChaTrCronb￿y attracting 60+ participatlts a week. wilh the mosi matu[¢ beillg 94 years Old. Men's Mental Healtb Foothall- from an iTritial pilot ihi5 5C5sion has now grown to over 30 participartts weekly. Women & GirIs Sport$ Participation- the Centre has worked hard to ensure that th¢r¢ arc opportunities for all a8es and abilities and Chanttonbury Currently offers weekly femal¢ s¢ssions in Walking Netball1254 players}. GJThnasti¢s & Parkour {l20+ paftittpantsl, Nciball (140+ players), W¢men & Girls football (20+ play¢rsl. Thcre are also mixed sessions in martial arts, tsble tennis. d2rt5, fdcquei SPOTts. rollersk￿1ng. Sthool A¢eess the C¢ntr¢ ¢nbufc5 Ih3t the facilLty is op¢n to all schools. A rew tslryce w¢Ekly s¢ssion is in partnership wilh Chichester i BThnsbury Coll¢g¢ and provÈde$ wholc halls access for a group of di5¢ngaoed young people to tske part in a variety of sports. Commuthity Villaoe Hub - th¢ Centre works in partneTship ￿7th the Village Hub to deliver a weeklv Youth Club (average 30- 40 aiiendeesl and an Under 5's Toddler ses$iotL5 (average 130 attend¢¢sl. Thc Con]munity Churcb a]so deliv¢ts a 5¢rvice on Sundays and has grown its ¢onwgation from 85 to 25(kp sinte 2021. Grub Club & Holidav Attivities - the C¢ntr¢ delivers two holiday activity camps, side by side. Oll¢ ACE FooiballAeademy and one with Pr¢mier Education. During tbe nMin holidays HAF fi]nding ts ill place to deliver free childcare attd Tneal.s to those acceg$ing fr¢¢ school meal ActtiTrties for people with additional need$- the Centre bas deliV￿ed hvo Open Fun Days for ehildten with additional needs and th¢ir faTt)ilies. In conjuncfton with HDC'S Spots Development and WSCC Shorr Br¢aks these 5¢ssions have attr2cred ovei 120 participanis eath 5e55ion. The Centre is now WOTking with ihe Wardens lo deliver month]y sessions. page 4 CHANCTONBURY COMMUNITY LEISURE LTD TRUSTEES, REPORT {INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 The Journey for partnts of SEN and Autistic Children- again in parm¢Tship with th¢ Wardens the C¢Dtr¢5 hosts these monthly meetings aityacting up 10 15 arr¢nd¢¢8. Exercise on Referral- Ihe C.¢ntre conlinu¢s to deliver a ihriving Ret¢￿al Initiaiive thai lakes patienis frotn HDC'S Wellbe￿8 T¢aD), local GP'S. Pbysiotherapisls, Chiropraciors. Wonhing Hospital and Si. Richard's Hospilal. The Ctnir¢ stts a 78U/o conversion Tale for 411 r¢f¢rrals to full m¢mbership. Such is ihe success of th¢ scheme ihat ihe Cenire is soon to deliver an txitndtd service to include Cancer Rchab, Cardiac R¢hab and Pre & P051 Natal class¢s. Falls Prevention & Gentle Fit- The C¢ntr¢ deliv¢r5 2 x 6¢ntl¢ Fit classes per week. aimed ai ihos¢ looking io gain onfidence and corc strength through seated and assisred cxercise. Many allend ihc clasb wttb mobility aids. The classes attract over 75 panicipanls each week attd detTrand cuntinues lo ti5e. The Cenire has a150 rteenily added a Falls Prevention class, in conjunction w'ith HDC'8 Wellbeing Team. Local PartneTships the C¢nlre Work with the Wholesome WaTehouse, a loc21 ch2tity, 2nd has given free memberships 10 those in need locally. The C¢ntre has hous¢d the Librarv for an ¢xi¢nd¢d p¢riod duriDg th¢ir building works. There have also been partnerships formed wiib Ihe local Tell￿S Club io assist their nMnbership drive and HDC'S Cunununilies Tearn. Wellbein¥ Team attd Sports Developmetti Team. CILatit&ble Support The Cenirt also supports other local chaniies and ihe mosi recent Easier Egg Campaign for 2024 saw the Centre Collect over 150 boxed cggs to present 10 Tcn Littlt Tocs, a chariiablc Baby Bank op¢rating throughout W¢st Sussex. Fill*nti#l revlew As ai thc 31 March 2024 ibe Charity held fimds of £340,02912023- £244,367). of which £2,400 is restricted12023- £nil}. It is ihe policy of the eharity thai unresirieied funds which hav¢ noi b¢¢n designgted for 8 sp¢cifi¢ use should be n)aintained at a level equivaltni of tbr¢¢ monih's ¢xpendiwr¢ l¢quival¢nt to six months reduced opeTations costl. The trustees consideT thai reserves ai this level wll ensuT¢ thRt. in the event of a significant dTtsP in funding, they w'ill be able 10 continue the charity's current 8ctiviti¢s whil¢ consideration is given to ways in whith addilienal funds may be raised. This level of reserves has be¢JJ mainthin¢d throughoui th¢ y¢ar. Struttures govtrnAnce management The chanty is a company limited bv guarantee and gov¢rn¢d by IheiT Memorandum artd Arficles of Association. The members of the Board, as charity trustees, dre legally responsible for ihe overall management and control of CCL. Th¢ board rneets bi- monthly and acts in th¢ sol¢ inteiest of CCL. The day-io-day runnin¥ of CCL is d¢legated tu a SenioT Management Team. comprLsing the (Iperations Direcior, C¢ntr¢ Managtr and Dury ManageT5. The lrusle￿, who are also th¢ directors for th¢ putpose of company law, and who served during the year and up io Ihe date of signature of Ihe financial siaiem¢nts were.. P PickaTd S Hodges R Denl T Euesd¢n S Kibblewhite D Cracknell C BTOWIi L Wheail¢y S Kowszun (Appoirtied 19 May 2023) IResigned 7 February 20241 IResign¢d 14 March 20241 New t￿￿1¢¢5 aT¢ required io a￿nd an induction me¢ling which explains the obje£iives of the Charity and ihe Tesponsibility of the tru5tee5. pag¢ 5 CHANCTONBURY COMMUNITY LEISURE LTD TRUSTEES, REPORT {INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 21124 ees. TCPOrt was approved by ihe Board of Trustees. P Pickard Chairm#n Date.. page 6 CHANCTONBURY COMMUNITY LEISURE LTD INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CHANCTONBURY COMMUNITY LEISURE LTD I r¢port lo th¢ tn]st¢¢s on Tlly examination of the fiTwicial stat¢rnents of Chandonbury Con)munity L¢i5ure Ltd (the ch8TityI for the year ended 31 March 2024. Responsiblllties xnd basis of report As ih¢ tyusi¢¢s of th¢ rharily land also lis diTeclors foT the PUTposes of cornpany lawl you are Tesponsibl¢ for the prepaTaiion of the financial statements in RCCOTdance with the TequireTnent5 of the CDmpanies Act 2006 Ithe 2006Acll. Having satisf1￿ myself that lh¢ fJJun¢ial stai¢m¢nis of the charity ar¢ not r¢quir¢d to be audii¢d under Part 16 of th¢ 2W6 A¢t and are cligiblc for independeni examinaiion, I r¢pon in Tesp¢¢i of my exam)naiion ofih¢ chanry s financial siaiem¢nts carried our under section 145 of the Chariiies Act 2Ql I Ithe 201 l Aell. In carrying oui my ¢xaminaiion I hai'¢ follow¢d all Ihe applicable Directions given by rhe Chariry Commission under seciion 14515Mbl of Ihc 2011 Aci. lthdependcnt ¢xkminer's st#temtnt Sinte rhe charity's gross income ¢xc¢eded £250,000 your ¢xan)in¢T must b¢ a rn¢mkr of a body listed in 5¢Ction 145 of the 2011 Aci. l eonfirm Ihai I am qualified io undertake the examination because l am a member of JCAEW, whjch is one ofitie listed bodies. I hav¢ compleied my examination. I confimi that no matt¢rs hav¢ com¢ to my att¢ntioD in connection with the exa]n￿all0￿ giving me caus¢ to belie￿¢ iliat in gny maierial respect.. accLlUDting records were not kept In regpeci of (he chariiy as required by seciion 386 of the 2006 Aci. or the fJ]tsnti21 staiemettis do noi aecord with those records,. or th¢ financial sthtements do iioi comply with ihe accouniingT rcquireTnenlS of secliun 396 of Iht 2006 Aci oiher ihan any r¢quireTnelll th31 the accounts give a true 2nd fair view which is noi a matttr considered as pan of an indep¢nd¢ni examination.. OT Ihe finarteial siaiemenis have nor bttn prepared in a¢cord3DC¢ Wlth ihe methods and principl¢s of the Stalemeni of Reeommended PTaciice for accounting and reporting bv chariii¢s applicabl¢ io charitl¢S Preparing Ih¢iT accounts in aecordance with the Fin2ncJal Rtponing Srandard applicable in ihe UK Republic of Ireland IFRS 1021. I have no concerns and have com¢ acros5 no oth¢i in conneclitsn with the examinatioll to which atteniioJJ should be drawm in ihis repon ill order io enable a PToperund¢rsianding of the financial staleJneDts to be reached. Darrtll Hardlng ACA FCCA DChA Rjehard Plac¢ Dobson SeTViC¢S Limit¢d 1-7 Station Road Crawley Wesl Sussex RHIO IHT page 7 CHANCTONBURY COMMUNITY LEISURE LTD STATEMENT OF FINANCIALACTIVITTES INCLUDING INCOME AND EXPENDITURE ACCOUIYT FOR THE YEAR ENDED 51 MARCH 2024 Currtnt fEnaDtkal yt&r Unr¢stricted Unre$trict¢d fuDd$ designated 2&24 Restri¢ttd fuDds Total Totsl general 2024 2024 2024 2023 Note$ Donations and legacies Charitable activiti&4 Other trading acttvita¢s ItrJve$tments 875 617,830 47.969 8.201 9.190 10.065 617.830 47.969 8,?01 19.297 479,723 35.700 2.754 Ttbtsi incomt 674.875 9.190 684,065 5J7.474 Raisino ￿ndS 23,952 23,952 19,027 Charitable 2ctivities 557.357 6.790 564.147 432,140 Other X2 304 304 Total expeDdltsre 581.613 6.790 588,403 451.167 Net ineomlnts resources befort transfer$ 93.262 2,400 95,662 86.307 Gros5 transfers between fvnd5 {I23,2091 123,209 Net lexpendirnrtllincome for the yeArl N¢t movement in fynd5 {29.947) 123.209 2,400 95,662 86,307 Fund balxnrK5 at l April 2023 176.832 67.535 244,367 158.060 Fttnd balance5 at 31 March 2024 146,885 190.744 2,40Q 40.029 244,367 The SEatem¢nt of financial activities inclvd¢s ajl gains and losses reCO￿li$¢d in the year. All income and exp¢ndrtt￿¢ derive from continuing activities. The statement of financial 2CtiNiti¢s also compl2es with the requirements for an income &nd expettdinjte Jccount undcr th¢ Companie5 Act 2006. page 8 CHANCTONBURY COMMUNITY LEISURE LTD STATEMEIYT OF FINANCIAL ACTIVITIES (CONTINUED) INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 Prlor lknanclAI year Unrestricted Unrestrlcttd funds funds designated Rtsirltied funds Totll gener 2023 2023 2023 2023 Notes Incomt from: Donations and legacies Charitabl¢ activiti¢s Othe¥ trading a¢tivitL¢S Ittvesthenis 2.000 479,723 35,700 2.754 17.297 19.297 479,723 35,700 2.754 Tot41 incorne 520,177 17,297 537,474 di￿re on: Raisin8 funds 19,027 19.027 Charitable actiwlie5 426.871 5.269 432.140 Total eipeDditM 445,898 5,269 451,167 P4et intoming resourees befort transftrs 74,279 12,028 86.307 Gross trallsfers b¢tween fund8 16,7051 20.303 113,5981 Net (expejjdliurelliiitome for the ytlrl Net movement ID fund5 67,574 2Q.303 11,570} 86.307 Fund balJnc¢$ at l April 2022 109.258 47.232 .570 158.060 Fund balantes at 31 Marth 2023 176.832 67.535 244,367 P3ge 9 CHANCTONBURY COMMUNITY LEISURE LTD BALANCE SHEET ASAT31 MARCH2024 2024 2023 Notes Fixtd asset$ Tangible assers 14 316,829 67.535 Curreryt assets Stocks Debtors Cash at bank and in hand 5.098 4,960 176.168 3.758 S,J43 195.993 16 186.226 2(J4,894 Creditors: amouthts falling due within one vear 18 (64.8911 (28,0621 Net current assets 121,335 176,832 Total a$5ets le55 currentliabilities 438,164 244.367 Creditors- amount5 falling dllt iftÈr more than ye#r 19 (98,1351 Net assets 340.029 244,i67 Income funds R¢5tiid¢d funds Desi2rtated funds Unrestri¢t¢d funds 21 22 190,744 146,885 67,535 176,832 340,029 244,367 Pa.￿ 10 CHANCTONBURY COMMUNITY LEISURE LTD BALANCE SHEET (CONTINUED) ASA T 31 MARCH2024 Th¢ company hs entiiled io ihe ¢xemption from ihe audit r¢quir¢meni coniaJn¢d ID Section 477 of the Companies Act 2006, for the year ended 3 1 March 2024. The diTe¢tOT5 acknowledgTe theiT Te5ponsibililies for complying with the requiTements Of the Companies Act 2006 ￿th respect 10 accounting records and the prepdTJlion of financial statements. The m¢nib¢rs hav¢ Dot r¢quiTrd the ¢QTnpany to obtsin an audit of ils financial statements foT the y¢aT in qU¢Slion In RClQTdance wilh seciion 476. These financial slatetn¢nt$ have beert prepared in accordance with ihe PTOVlSjOrts appljcable io comparties subjeci to the small ompanies Tegime. cial Slatctnents weTE appioved by the Trusites ott......................... P Pickard TTUStee Company registration nurnber 13014679 pag¢ 11 CIWCTONBURY COMMUNITY LEISURE LTD STATEMEiYf OF CASH FLOWS FOR THE YEAR ENDED 31 A£4RCH2024 ?lJ24 2023 Notes Cg$h flows from operating a¢tivitie5 Ctsh 8eneratcd from operatiotss 26 121,060 97.049 Itive5tinv acti%'itSes PU￿haSe of tangible fixed asset5 Proceeds from IiiSPOS91 of tangible fixed assets Invesimeni an¢ome received 1275.171) (29.6891 715 2.754 82Ql Net Cash used IJJ investing activities (266.9701 126 ??0) Finxntinu activities Bank loans 126.085 Net cash gentrated fromllustd ITL} l]JJathtin% activitlts L26.085 Net (decrea5ellin¢reAse ID ¢#$h aDd cash eqlllvalÈhts {19,825} 70.829 Cash and Cash equivalents ai bewllning of year 195.993 125.164 C#$h and cash equivgltnts It L'nd of veAr 176.168 195.993 page 12 CIL4NCTONBURY COMMUNITY LEISURE LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Actolllltlng ptslltlts Chorlty Inform*tlon Chanciollbury CoDYiiunity L¢isure Ltd is a charitabl¢ company IiTnited by guaranr¢¢ incoryorat¢d in England and Wal¢s. Th¢ regisiered office is Spierbridge Ro8d, Storrington. Pulborough. W¢st Suss¢x. RH20 4PG. 1.1 Accounting colli'ention The financial siaiemenis have been prepared in accordance with the Cl￿nty'S Memorandum and Articles of Association the Cotnpanies Att 2006. FRS 102 'The Fjnancial Reporting Siandard applicable in ihe UK and Republic of Ireland" I'FRS 102.1 a[￿ the Chatities SORP "ALLOlUititig artd Reporting by ChaTilies". Staiement of ReCO]n￿ettded Praeiiee applicable io chaniics prepaTtsJg Iheir aceounis ill accordance wilh ihe Financial Reporting Siandard applicable in (he UK and Republic of Ireland IFRS 1021" lcffcetivc l January 2019). The chaniy is a Public Bencfit Eniity as defined by FRS 102. The finanLial siatemertis are pttpared in srerling, which is the funcrional currency of ihe charity. Moneiary amounis in tbese financial sraiemenrs are roiindcd to the nearesi £. The financial s￿leMents have b¢¢n pr¢paT¢d und¢r th¢ hi5toti¢al rost convention, Imodificd to include the tevalualiLTrn of freehold properties and io in¢lud¢ inv¢stttTrent Properties and cert&in financial instTU]nenls at fau valuel. The pnncipal accoutttin8 policies adopted are sei out below. 1.2 Going (onttr Al iht ume of approving ihe financial stat¢tnents. the t￿￿tee5 have a re250nable expectation that the chariry has adequate bources 10 continue ij) operaiional ¢xisi¢nc¢ for lh¢ foi¢s¢eabl¢ futur¢. Thus the I￿S1¢eS coniinuc lu lldvpl th¢ ¥oirtx cortcem basis of accouniing in preparing ihe financial sia*m¢Dts. IJ Clkaritable funds Unrtstri¢t¢d funds aT¢ availabl¢ foT use at the discreison ofihe trusiees in funherance of their chanrable objectives. Restncted funds are 5ubJe¢t 10 specifjc cothliiiollg by donors as to how they may be us¢d. The purposes and uses of the restticted funds dte sei out irt the note8 10 the fjnancial srai¢ments. Designated funds rotnprise of unTesrricted funds that haTre b¥en sei aside by the Chariiy for particular purpos¢8. Th¢re is no legal resiricrion on rh¢ way in which the fvnds tnay be applicd. 1.4 Income Incoine is i¢¢o8nised when the charity is legally entitled io it 8fi¢r any performaDce condiliorts have been met. the arnounis can b¢ m¢asur¢d i¢liably, and it is probable thai income will be received. Cash donatlOll5 8T¢ T￿08n15¢d on receipl. Other ￿0J￿110nS are reco￿lSed once the charity has been notified of the donaiion. unless performanc¢ conditions Tequire deleTrdl of (he amount. Income rax recoverable in relaiion to dol￿tIOnS ieceii'ed undeT Gift Aid OF deedb of cov¢nant is recognised al the time of the donation. Legacies aTe r¢cognised on receipt QT QtheTwise if the charity has been notified of an impending distribution. th¢ amount is known. and receipt is expected. If the 2nioiuit is not knowtj. the legaey Js ireared as a contingent ass¢i. Investhierti income. which includes interest Te£eivable is irtcluded in Ihe Siaiement of Financial Aclivities in the ye8T in which it is receivable. Income Js rec¢iv¢d from OD¢ charilablt actjvity, the provisjon ol leLSUT¢ and aTnat¢UT SPQrt facilities. all of which is Tecogtiised in the year ij] which th¢ incom¢ is ￿CeiVable, which is wben the chariiable comp3Dy beco]nes entitled 10 the resouices. Income froTn other trading activities relaies ro ihe caf¢ and sale of merchandise. and this Intome is recognised in the year in which ihe income is r¢ceiNablt. which is when the sale lakes place. page 13 CHANCTONBURY COMMUNITY LEISURE LTD NOTES TO THE FINANCIAL STATEMEiYfs (CONTINUED) FOR THE YEAR ENDED 31 MARCH2024 Attollllting poli¢ie$ (Co￿ti￿N￿l 1.5 Expenditsre Expenditure is recogrtised once there is a It￿] or constrnctive obli¥atioiE to transfereconomit benefit to a third party, it is probable thai a trangfeT of economtc benefits will be required in settlement. and the amount of the obligatiott be easured reliably. Expenditure is classified by activity. Tht cogis of each activity ate ]nad¢ up of th¢ total of dir¢t C05t8 and shared cost& including support costs involved in undcrtaking each activity. Direct ¢05ts attributable to a single activlty are alloctted diTectly to thai activity. Shared costs which collml)ut¢ 10 more than one activity and support costs which art ttot attributabl¢ to * single activity are apportiotsed between those activities on a ba5jS COnSlStent with th¢ us¢ of resources. Central staff costs ate allo¢at¢d on the basis of time spem, alld d¢pTtciation th￿eS are allocated on the ponion of the asset s vse. 1.6 Txnglble fixed asstts T*tt-'ble fixed assets are initially measurtd at cost and subsequently me8sured at cost or valuation. n¢t of depretiation attd aAy impairnient losses. Depreciation is r¢¢Ogni￿d 80 as to write off the cost orvaluation of a5s¢ts less their re$tdual values ovcrtheir usefijl live$ on the followin8 bases.. Leasehold improv¢rn¢nts Plani and ¢quipment Computets Gym equipm¢Dt IO¢/o straight lin¢ J3°/o straight line 33Q/o gtraight linc 7￿/tr straighi line The gairt or loss arisifttr on the disposal of an &qset is d¢tcrniined as the differeTJce between th¢ sal¢ proG¢eds and ihe caryiDg value of the ass¢t. and is recognised its th¢ $tat¢m¢nt of fiTraDcial activities. 1.7 Imp&irment of fixed assets At each reportillg ffld datr. the chaTity r¢i'iews the carying am¢>un15 of its asset% to deternilne whether th¢rc is any IAdi¢31ion that those assers have suffered ajj impa]rnJent loss. If ally such ittdicatKou ¢xists. the rttover2bl¢ amount of the asset i$ ¢5timated in order to detemine the extent of th¢ impairneni 106$ {if any}. IJ Stocks SÉo¢ks are Stated al the lower Df cost and ¢stIn￿tsd selling pric¢ less costs to compl¢t¢ and sell. Cosi COTrJpris¢s direci maierials and, where applicable, direrl labour costs attd ihose overheads that have been in¢uEred ill bringing th¢ stocks to their present location and ¢ondiiion. Item5 h¢ld for distributiott at no or nomxttal t&nsid¢ration are measured th¢ lower of replacement Cost and cost. Nct realisable value is the ¢StiEnated selling prite less all estimat¢d r05ts of compl￿]0￿ attd ¢osts to be incuttcd in ma￿etIng. s¢lling and d*stribution_ 1.9 Cash and tash ¢quivalents Cash and cash equivalents include cash in haniL d¢posits held at call with battks. oth¢T short-ierm liquid tttvestments with original matutiti¢s of ttwee moDths ot less. and bank overdrafts. Bank overdrats ar¢ Show￿ withitt borrowings current liabilities. page 14 CHANCTONBURY COMMUNITY LEISURE LTD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YE4R ENDED 31 MARCH 2024 Accounting policles Continued) 1.10 FID#n¢i#l iti5trnmettts The charity has elected to apply the provisions of Seeiion I I 'Basic Financial In5tTumenis' and Section l2 '0th¢r Financial Instrun]ents Issues, of FRS 102 to all of its financial instrument8. Financial instrurn¢nts ar¢ T￿ogniSed in th¢ ¢haTity's b&lance shei wh¢n th¢ rhaTity b¢¢oTnes party to the ¢ortiracttJal provisions of lh¢ instrum¢ni. Financial ass¢is and liabiliii¢s ar¢ offset. with th¢ TLet a]nounts present¢d in the tinancial statements, when there is a legally enforceable right to set off th¢ recognised amounts and th¢T¢ is an inr¢ntion to s¢rtl¢ on a n¢1 basls QT to realis¢ the assei and s¢itle the liability sjmulianeously. Basicfinancialu55elS Basic tinancial asseis. which include d¢bior5 and cash and bank balgnc¢5, gre inili&lly megsured al tran$attitsn pric¢ intltsding ttansa¢iJon costs and are subsequenily carried ai amonised cost using Ihe effective int¢TeSt tneihod unless th¢ arThqngement constitutes a financing Iransattiort. where the Iransaciion is measured ai ihe prestlli value of ibe future r¢¢¢ipts discouni¢d al a tnaTkel Tale of interest. Financial asseis classified as receivable wiihin one year are Jjot amonised. 45iefinaKciol liabililies Basic financial liabilities. including Creditors and bank loan$ are illilially recognised at Iransadiort price unless the ar[￿geMent COnStiNieg a financing Iransacrion, where ihe debi insmimeni is measured ai the PT¢s¢nt valu¢ of the h]tUTe paym¢nt5 discounied ai a illarket rat¢ of int¢re5t. Financial liabilitie5 classified as payable within one year are ttot amonised. Debi instrumenis ar¢ subsequently ca￿led al 8nlQrtisd cost. using th¢ ¢ffectiv¢ ini¢Tesl rate Tnethod. Trade creditors are obligations io pay for good8 or servic¢s that hav¢ b¢¢n acquired in th¢ ordinary course of operations from guppliers. Amounis payable are classjfied as curreni liabiliiies if paym¢nt 25 due within one year or l¢ss. If not. th¢y a￿ presented as non-CUTtenl liabililics. Trade crediiors ar¢ r¢cognised initially ai iran5a¢tion price and sllbsequenily ¢asured at lltnortised cost using the effecrive inieresi meihod. DerecogniTroN offinqnciql Ilobilihe Financial liabiliti¢s are d¢Fecogrtised when the charity's colltracmal obligation5 expire QT ar¢ discharged OT ¢8ntelled. 1.11 Emplovee bentflts The cost of any unused holiday entiileTn¢nt i$ recognised in the period itt which the empltsytt'8 services are received. Termination benefits are recognis¢d immediately as an expense when the ¢1￿lty is demonstrably cixnmitted to ierninare the emploJThent of an employee or to provide termination b¢nefits'. 1.12 Retirement benefits Pa)￿ne￿(s io defined coniribthion reiir¢m¢tLt b¢n¢fLt srh¢JD¢S aTe chatged as att expe]Jst as they fall due. Criti¢&l attoundng tstlmatts and judgemeDt5 In lh¢ application of the charity's accounting policies. Ihe m]stees are reguired to Tnake JUdge￿entS. estimatrs and assumpiions about Ihe carrying aTnount of asseis and liabilities thai ar¢ not readily appaTeDt from other sources. The esliinales and associdted a&¥umpiions are based on hi51oTical ¢xpeneDLe attd oiher faciors thai are considered io b¢ r¢levont. ActuBI Tesulis may differ from ih¢se esiimates. The esiimaies and und¢Tlying assumpijons are reviewed o>n an ongoing basis R¢visions to a¢countmg estimaies are T¢rognised in the period IJJ which ihe ¢stitnate is revised where the rcyision affecis only ihai perio(L or ID the peTiod of the Tevision and funjre periods where the revision affec15 btrth curreni and fuiur¢ peri￿. page 15 CHANCTONBURY COMMUNITY LEISURE LTD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH2024 Donations legacies UnrÈ$tricted funds general Restricted fllnd$ Totsl UJreitrirted fuDds g¢Jeral 2023 Restridtd funds Total 2024 2024 2024 2023 2023 Donations and qfts 875 9.190 10.065 17.?97 19,297 Ch#rlt2ble #ctivitie$ Unrestricted Unrestrlrted fund$ funds 2024 2023 Adrtii&ston and membership f¢¢s Use of faciIities 528.558 89.272 405.889 13.834 617,830 479,723 Otber tradSng activities UnrÈ5tricteil un￿Strided fund$ funds general general 2024 2023 Café Sale of merchaAdise 46.361 1.608 34.811 889 47.969 35.700 IDvesm)eJts Uor¢5tri¢ted Unrestrlded fuhd$ fllnd5 eneral general 2024 2023 Inter¢si receivable 8,201 2,754 page 16 CHANCTONBURY COMMUNITY LEISURE LTD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 A£4RCH 21124 R#isitig futhd$ Uttrestrfcted Unrestricted funds fund5 gener¥1 gener¥1 2024 2023 Tradi cosis Other vadillg activilies 23,952 19,027 Clk*rltAble attlvltlts Ch*rit*ble Charit*ble Expenditure Eipenditsre 2024 2023 Staff cosi$ Dsal of ton￿ble fixed assets 304 13 The chariry is ¢x¢tDpl frotn tax on income and gains falling within settion 505 of Ihe Taxes Act 1988 or section 252 of the Taxation of Char¥¢able Gains Aci L992 10 the exienl fhal ihr%¢ arc applied $0 its charitable objecis. page 19 CHANCTONBURY COMMUNITY LEISURE LTD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR EJVDED 31 MARCH 2024 14 T¥ngible fixed assets LvasohoEd mprTrvements PLant amd equip￿]ent Cornpvttrs Gvrn cquEprtsent Cost At l April 2023 Additiotts Di$posal% 54.563 45.259 8.593 3.467 13041 14.090 224,031 77.246 ?75.171 1304) 2.414 At 31 Ma￿h 2(k24 99.822 11.756 2.414 238.121 35? 113 Depreciation and itThpairment At l April 20?3 Dw¢¢iation charged itt the ye 5,409 6,S81 1.508 3,515 2.794 15.177 9.711 At 31 March ?024 12.290 5.0?3 17,971 35,284 Carrving 2mOUlit At 31 Mareh ?024 87,532 6.733 2.414 220.150 316,829 At 31 March 2023 49,154 7,085 11,296 67535 IS Stocks 2024 2023 FTnish¢d goods and goods for wo1¢ 5.098 3.758 16 Debtors 21124 2023 AtnOUDts f2lllng dut ￿￿thin OD¢ y¢ar- Ttade debtQT5 Other debtors Pr¢pymenls and acctued inCQTne 2,365 2.333 l.l93 1.617 2,595 4.960 5.143 17 Lo#ns and overdr*ft5 2024 2023 Bank loang 126.085 Payable withfft on¢ y¢aT Payabl¢ after one year 27,950 98.135 pag¢20 CHANCTONBURY COMMUNITY LEISURE LTD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR EIVDED 31 MARCH 2024 18 Credltors: &moullts fxlllng dut wlthln one year 2024 2023 Notes Bank loans Oiher taxaiion and social secunty D¢f¢rr¢d incoTn¢ Acuuals and d¢feTred incojne 17 27.950 5,958 7.183 23.800 5,397 4.156 18,509 zo 64.891 28.062 19 Creditors: amounts falling due after more than one year 2024 2023 Notes Bank loans 17 98,135 20 Deferred income 2024 2023 OtheT deferred income 7.183 4.156 Deferred income is included in the financial siatemenis as follows.. 2024 2023 D¢feTred intome is included within.. Cutrent liabiliiies 7.183 4.156 Mov¢m¢nis in th¢ y¢ar'. Defe￿ed incotne al l Apnl 2023 Released from previoub periods Resources def¢rr¢d in the y¢ar 4,156 5.058 {9021 3.027 Defe￿d income at 31 March 2024 7.183 4,156 page21 QGC C)c oc slli tE X r Z£ CHANCTONBURY COMMUNITY LEISURE LTD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH2024 22 Unrestricted fund5- deslgnaied These are unresiriCt¢d funds which aTe material ￿ the charity's activities made up as follo￿.5.. Movpment Ill fullds