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2024-10-31-accounts

CROWLAND LEISURE & WELLBEING CENTRE CIO CHARITY COMMISSION REGISTERED NO.1194439

STATEMENT OF ACCOUNTS for the year ended 31 October 2024

CROWLAND LEISURE & WELLBEING CENTRE CIO

Contents

for the year ended 31 October 2024

Legal and Administrative Information 1
Trustees' Annual Report 2 - 4
Independent Examiner's Report 5
Statement of Financial Activities 6
Balance Sheet 7
Notes to the Accounts 8 - 13

CROWLAND LEISURE & WELLBEING CENTRE CIO

Legal and Administrative Information

for the year ended 31 October 2024

Trustees

Clinton Bell - Chair Annette Williams - Secretary Julie Wright - Treasurer - Appointed 4 May 2024 Prof. Peter Davis Ashley Davis Susan Parrot Reginald Boot David Ringham Mike Brooke - Appointed 17 July 2024 Wayne Glenton - Resigned 1 May 2024

Registered Office

Parish Rooms Hall Street Crowland Peterborough PE6 0EN

Independent Examiner

R Decamps BSc (Hons), MAAT, FCA Fisher & Co Accountancy Limited Office 5B Block 2 Barrowby Barns Northgate West Pinchbeck Spalding Lincolnshire PE11 3TB

Bankers

Metro Bank PLC One Southampton Row London WC1B 5HA

Page: 1

CROWLAND LEISURE & WELLBEING CENTRE CIO

Annual Report

for the year ended 31 October 2024

Introduction

We are pleased to present the Charity Trustee's Report for the financial period ending 31 October 2024 for Crowland Leisure & Wellbeing Centre. This report is intended to provide an overview of the charity's activities, achievements, and financial performance during the period.

The trustees have adopted the provisions of the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland issued in October 2019 in preparing the annual report and financial statements of the charity.

Charity Overview

Charity Name: Crowland Leisure & Wellbeing Centre

Registered Charity Number: 1194439

Principal Office Address: Parish Rooms, Hall Street, Crowland, Peterborough, PE6 0EN

Principal Operation Address: St Guthlac’s Sports Hall, Crowland

Trustees

The Charity Trustees that held office during the period are as follows:

Name Role
Clinton Bell Chair Appointed 17 July 2024
Annette Williams Secretary
Julie Wright Treasurer Appointed 4 May 2024
Ashley Davis Trustee
Susan Parrot Trustee
Reginald Boot Trustee
David Ringham Trustee
Prof. Peter Davis Trustee
Mike Brooke Trustee Appointed 17 July 2024
Wayne Glenton Trustee Resigned 1 May 2024

Charity's Objects

Crowland Leisure and Wellbeing Centre is a charity that provides a gym and Sports hall for physical exercise for the good of the community and extended area. The charity operates on a membership basis and is not for profit.

Page: 2

CROWLAND LEISURE & WELLBEING CENTRE CIO

Annual Report

for the year ended 31 October 2024

Charity Activities

During the period, Crowland Leisure & Wellbeing Centre continued to work towards achieving its charitable objectives. We are proud to report the following key activities and achievements:

Public benefit

The trustees have considered the Charity Commission's guidance on public benefit and believe that the objects of the Leisure & Wellbeing Centre and the activities undertaken support this public benefit.

Financial Review

Income

Total income for the period was £77,093 (2023; £68,833).

This income was generated through gym use £61,432 (2023; £56,120) and sports hall use £15,661 (2023; £12,713).

Expenditure

Total expenditure for the period was £67,316 (2023; £72,940).

Expenditure was for funding our charitable activities, equipment maintenance costs and supporting the administration of the charity, with the main component being wages £43,418 (2023; £40,431) and the rise in energy prices.

Reserves

At the end of the financial period, the charity held a reserves deficit of £18,349 (2023; £28,126). This operational deficit has been financed by way of a long-term interest free loan from Crowland Parish Council who were pivotal in establishing the gym for the community having already converted the site for the purpose.

The charity does not have any restricted reserves and no specific reserves policy.

Governance

The charity is governed by a board of trustees who oversee its activities, ensuring compliance with legal and regulatory requirements. The operation is managed by an employed Centre Manager.

Page: 3

CROWLAND LEISURE & WELLBEING CENTRE CIO

Annual Report

for the year ended 31 October 2024

Future Plans

Looking ahead, Crowland Leisure & Wellbeing Centre has ambitious plans to further its charitable objectives. Since the end of the reporting period, the charity continues to exceed income over costs by a small surplus that will be used to fund future projects for the community and repay liabilities accrued during the early months.

The trustees are very optimistic about the future and the charity continues to welcome new members.

As at the time of writing this report the gym has around 240 members, mostly based in Crowland. There is a growing community at the Centre with classes provided and other activities.

South View Primary School continue to make use of the sports hall during term time for the benefit of the children, providing additional space for the school to deliver physical education.

The trustees and Centre Manager have a number of new initiatives in the pipeline that we hope to see taking shape over the coming months and years.

We would like to express our gratitude to Crowland Parish Council, supporters, volunteers, and staff for their dedication and commitment to the charity’s mission. In particular, we would like to thank our Centre Manager, Alison Burton, for her dedication and commitment.

Trustees Responsibilities

The trustees are responsible for preparing the trustees' annual report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Charity law requires the trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the Academy and enable them to ensure that the financial statements comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

For and on behalf of the board of trustees:

Clinton Bell – Chair

Date: 24 June 2025

Page: 4

Independent Examiner's Report to the Trustees of CROWLAND LEISURE & WELLBEING CENTRE CIO

For the year ended 31 October 2024

I report to the charity trustees on my examination of the financial statements of the charity for the period ended 31 October 2024 which are set out on pages 6 to 13.

Responsibilities and basis of report

As the charity's trustees you are responsible for the preparation of the financial statements in accordance with the requirement of the Charities Act 2011 ('the Act').

I report in respect of my examination of the charity's financial statements carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or

  2. the financial statements do not accord with those records; or

  3. the financial statements do not comply with the applicable requirements concerning the form and 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 considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.

R Decamps BSc (Hons), MAAT, FCA Fisher & Co Accountancy Limited Chartered Accountants

Date: 24 June 2025

Page: 5

CROWLAND LEISURE & WELLBEING CENTRE CIO

Statement of Financial Activity

for the period ended 31 October 2024

Note
Income from:
Charitable activities
2
Total income
Expenditure on:
Charitable activities
3
Total expenditure
Net income / (expenditure)
Reconciliation of funds:
Fund balances brought forward
Fund balances carried forward
Unrestricted
funds
£
77,093
77,093
67,316
67,316
9,777
(28,126)
(18,349)		 2024
Restricted
funds
£
-
-
-
-
-
-
-		 Total
£

77,093
77,093

67,316
67,316
9,777

(28,126)
(18,349)		 2023
Total
£
68,833
68,833
72,940
72,940
(4,107)
(24,019)
(28,126)

The notes on pages 8 - 13 form part of these financial statements.

Page: 6

CROWLAND LEISURE & WELLBEING CENTRE CIO

Statement of Financial Position

as at 31 October 2024


Unrestricted
funds
£
Fixed assets Note
Tangible assets
6
808
Current assets
Debtors
8
2,421
Cash at bank
7,782
10,203
Creditors:Amounts falling due
within one year
9
3,523
Net current liabilities
6,680
Creditors:Amounts falling due
after one year
10
25,837
Total assets less current liabilities
(18,349)
Funds
Unrestricted
11
(18,349)
Restricted
-
(18,349)		 2024
Restricted
funds
£
-
-
-
-
-
-
-
-
-
-		 Total
£
808
2,421
7,782
10,203
3,523
6,680
25,837
(18,349)
(18,349)
-
(18,349)		 2023
Total
£
1,140
868
4,720
5,588
8,482
(2,894)
26,372
(28,126)
(28,126)
-
(28,126)

These financial statements were approved by the Trustees on 24 June 2025 and are signed on their behalf by:

……………………… ……………………… C Bell - Chair A Williams - Secretary Trustee Trustee …………………….. ……………………… J Wright - Treasurer S Parrot Trustee Trustee

The notes on pages 8 - 13 form part of these financial statements.

Page: 7

CROWLAND LEISURE & WELLBEING CENTRE CIO

Notes to the Financial Statements for the

year ended 31 October 2024

1. Accounting policies

(a) General information and basis of preparation

Crowland Leisure & Wellbeing Centre CIO is a Charitable Incorporated Organisation in England. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity. The address of the registered office is given in the charity information on page 1 of these financial statements.

The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011 and UK Generally Accepted Accounting Practice.

The financial statements are prepared on an accruals basis and a going concern basis under the historical cost convention, modified to include certain items at fair value. The financial statements are presented in sterling, which is the functional currency of the charity.

(b) Income recognition

All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income after any performance conditions have been met, and the amount can be measured reliably and it is probable that the income will be received.

Membership is taken from members via direct debit each month and there is no contracted period of membership.

Key fob deposit income is initially recognised as a liability until such a time that the deposit becomes nonfundable in line with the charity terms and conditions at which point it is then recognised as income.

Gifts in kind in the form of donated assets are included at the fair value to the charity where this can be quantified.

(c) Expense recognition

Expenditure is included in the Statement of Financial Activities on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. The primary functional activity of the charity is the provision of a gym and Sports hall for physical exercise for the good of the community and extended area.

Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charity and include the accountancy fees and costs linked to the strategic management of the charity.

Support costs include all those overhead costs for utility services, and other services and costs, which are in support of the activity. They have been allocated to activity cost categories on a basis consistent with the use of resources.

(d) Gifts in Kind

Gifts in Kind are brought into the financial statements where there is either a reasonable estimate of their fair value to the funds or the amount which is actually realised. Where a value cannot be determined, or a reasonable estimate applied, the gift is not included in the Statement of Financial Activities.

No amount is included in the financial statements for volunteer time in line with the SORP (FRS 102).

Page: 8

CROWLAND LEISURE & WELLBEING CENTRE CIO

Notes to the Financial Statements (continued)

for the year ended 31 October 2024

1. Accounting policies (continued)

(e) Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objectives of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

(f) Taxation

The charity is an exempt charity within the meaning of schedule 3 of the Charities Act 2011 and is considered to pass the tests set out in Paragraph 1 Schedule 6 Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes.

(g) Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Furniture, fixtures and fittings - 25.00% reducing balance Computer equipment - 33.33% reducing balance

(h) Debtors and creditors receivable/payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in expenditure.

(i) Going concern

The financial statements have been prepared on a going concern basis as the Trustees believe that no material uncertainties exist. The Trustees have considered the level of funds held and the expected level of income and expenditure for the next 12 months from authorising the financial statements.

(j) Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period or in the period of the revision and future periods if the revision affects both current and future periods.

The useful economic life used to depreciate tangible fixed assets relates to the expected future performance of the assets acquired and management’s estimate of the period over which economic benefit will be derived from the asset.

The residual value of an asset is the estimated fair value of that asset at the end of its useful economic life and therefore is also dependent upon the estimation of that life span.

Page: 9

CROWLAND LEISURE & WELLBEING CENTRE CIO

Notes to the Financial Statements (continued)

for the year ended 31 October 2024

2. Charitable activities income


Unrestricted
£
Membership fees
59,693
Day passes
594
Sports hall hire
15,661
Key fob deposits non-refundable
1,145
77,093
Unrestricted
£
Membership fees
59,693
Day passes
594
Sports hall hire
15,661
Key fob deposits non-refundable
1,145
77,093		 2024
Restricted
£
-
-
-
-
-
Total
£
59,693
594
15,661
1,145
77,093		 2023
Total
£
55,845
275
12,713
-
77,093 68,833

3. Charitable activities expenditure


Unrestricted
£
Gym equipment and consumables
757
Personal trainer costs
-
Wages
43,418
Staff pensions
615
Staff training
115
Staff clothing
116
Signs and advertising
195
Light and heat
9,329
Rates
1,427
Repairs and maintenance
2,117
Cleaning
887
Insurance
1,141
Telephone
1,074
Printing, postage and stationery
130
IT software and consumables
1,939
Legal and professional fees
-
Independent examiner's fee
640
Subscriptions
2,839
Donations
-
Sundry expenses
120
Bank and card charges
125
Depreciation
332
67,316
Unrestricted
£
Gym equipment and consumables
757
Personal trainer costs
-
Wages
43,418
Staff pensions
615
Staff training
115
Staff clothing
116
Signs and advertising
195
Light and heat
9,329
Rates
1,427
Repairs and maintenance
2,117
Cleaning
887
Insurance
1,141
Telephone
1,074
Printing, postage and stationery
130
IT software and consumables
1,939
Legal and professional fees
-
Independent examiner's fee
640
Subscriptions
2,839
Donations
-
Sundry expenses
120
Bank and card charges
125
Depreciation
332
67,316		 2024
Restricted
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Total
£
757
-
43,418
615
115
116
195
9,329
1,427
2,117
887
1,141
1,074
130
1,939
-
640
2,839
-
120
125
332
67,316		 2023
Total
£
257
3,160
40,431
571
220
71
59
13,644
1,203
1,741
1,491
1,124
921
143
1,560
1,206
640
3,187
50
804
69
388
67,316 72,940

4. Independent Examiners remuneration

4. Independent Examiners remuneration


Amount payable to independent examiner:
Independent examination
Accountancy fees		 2024
Total
£
240
400
640		 2023
Total
£
240
400
640

Page: 10

CROWLAND LEISURE & WELLBEING CENTRE CIO

Notes to the Financial Statements (continued)

for the year ended 31 October 2024

5. Staff costs



Wages and salaries
Social security costs
Pension costs		 2024
Total
£
43,418
-
615
44,033		 2023
Total
£
40,431
-
571
41,002

Average number of staff employed is 5 (2023: 5).

There are no employees who received total employee benefits of more than £60,000

6. Tangible fixed assets

Cost
At 1 November 2023
Additions
At 31 October 2024
Depreciation
At 1 November 2023
Charge for the period
At 31 October 2024
Net Book Value
At 31 October 2024
At 31 October 2023		 Furniture,
Fixtures &
Fittings
£
1,001
-
1,001
423
145
568
433
578		 Computer
Equipment
£

859

-

859
297

187

484
375

562		 Total
£

1,860

-

1,860
720

332
1,052
808

1,140

7. Trustees remuneration and expenses

There were no trustees' remuneration, other benefits or expenses for the period ended 31 October 2024.

8. Debtors

Debtors
Other debtors		 2024
£
1,719
702
2,421		 2023
£
868
-
868

Page: 11

CROWLAND LEISURE & WELLBEING CENTRE CIO

Notes to the Financial Statements (continued)

for the year ended 31 October 2024

9. Creditors: Amount falling due within one year

Creditors
Accruals
PAYE liability
Pension liability		 2024
£
139
3,325
-
59
3,523		 2023

£

5,843

2,002

401

236
8,482

10. Creditors: Amounts falling due after one year

Key fob deposits
Crowland Parish Council		 2024
£
1,200
24,637
25,837		 2023
£

1,735

24,637

26,372

11. Funds

The funds are constituted as follows:

Fixed assets
Debtors
Cash at bank and in hand
Creditors		 Unrestricted
Restricted
£
£
808
-
2,421
-
7,782
-
(29,360)
-
(18,349)
-		 Total
£
808
2,421
7,782
(29,360)
(18,349)

12. Related parties

During the period the charity purchased Xero, Dext and payroll software from Glents Services Limited, a company of which the charity’s Chair, Wayne Glents, was a Trustee. Wayne Glents resigned as a Trustee on 1 May 2024. Total purchases from this related party for the year ended 31 October 2024 were £322 (2023: £695). There were no amount outstanding at the period-end. The transactions were all under normal commercial terms.

13. Control

The charity is under the control of the board of trustees as a body and no individual can or does exert control.

Page: 12

CROWLAND LEISURE & WELLBEING CENTRE CIO

Notes to the Financial Statements (continued)

for the year ended 31 October 2024

14. Fund comparatives

Statement of financial activity


Income from:
Charitable activities
Total income
Expenditure on:
Charitable activities
Total expenditure
Net income / (expenditure)
Reconciliation of funds:
Fund balances brought forward
Fund balances carried forward		 2023
Unrestricted Restricted
funds
£
funds
£
68,833
-
68,833
-
72,940
-
72,940
-
(4,107)
-
(24,019)
-
(28,126)
-		 2023
Unrestricted Restricted
funds
£
funds
£
68,833
-
68,833
-
72,940
-
72,940
-
(4,107)
-
(24,019)
-
(28,126)
-
Total
£
68,833
68,833 - 68,833
72,940 - 72,940
72,940 - 72,940
(4,107)
(24,019)		 -
-		 (4,107)
(24,019)
(28,126) - (28,126)

Statement of financial position

2023




Fixed assets
Tangible assets
Current assets
Debtors
Cash at bank
Creditors:Amounts falling due
within one year
Net current liabilities
Creditors:Amounts falling due
after one year
Total assets less current liabilities
Funds
Unrestricted
Restricted		 Unrestricted Restricted
funds
£
funds
£
1,140
-
868
-
4,720
-
1,588
-
8,482
-
(2,894)
-
26,372
(28,126)
-
(28,126)
-
-
-
(28,126)
-
Total
£
1,140
868
4,720
1,588
8,482
(2,894)
26,372
(28,126)
(28,126)
-
(28,126)

Page: 13