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|Reference and Administrative|Reference and Administrative|Details||
|---|---|---|---|
|Trustees'
Report|||2 to 11|
|Independent
Auditors'|Report||12to 14|
|Statement
of Financial|Activities||15|
|Balance Sheet|||16|
|Statement
of Cash Flows|||17|
|Notes to the Financial|Statements||18to 29|
|Charity Registration|Charity Registration|Number|Number|267781|||
|---|---|---|---|---|---|---|
|Company|Registration||Number|01218639|||
|Principal|Office|||Brewery Fields|||
|||||Bridport|||
|||||Dorset|||
|||||DT6 5LN|||
|Trustees||||Mr Alee Bailey, Treasurer|||
|||||Mr Allan Staerck|||
|||||Mr Peter Brook|||
|||||Mr John Wright (resigned 29||November 2021)|
|||||Mr Malcolm
Heaver,|Chairman||
|||||Mr Nicholas Chandler|||
|||||Mrs Clare Handford|(resigned|16September 2021)|
|||||Mr Nicholas
Thornley|||
|||||Mr Frederick Fowler|||
|Solicitors||||Porter Dodson|||
|||||21 South Street|||
|||||Bridport|||
|||||Dorset|||
|||||DT6 3NR|||
|Auditor||||Edwards 8 Keeping|||
|||||Unity Chambers|||
|||||34 High East Street|||
|||||Dorchester|||
|||||Dorset|||
|||||DT1 1HA|||
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||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
||||funds|funds|2022|2021|
|||Note|6||6|6|
|Income and Endowments||from:|||||
|Donations
and legacies||3|127,218|18,310|145,528|383,718|
|Charitable
activities||4|808,624|48,800|857,424|502,816|
|Other trading
activities||5|29,160||29,160|574|
|Investment
income||6|18||18|33|
|Total income|||965,020|67,110|1,032,130|887,141|
|Expenditure
on:|||||||
|Raising
funds|||(31,111)||(31,111)|(1,728)|
|Charitable
activities|||(944,206)|(115,699)|(1,059,905)|(1,068,062)|
|Total expenditure|||~(975,3(7|(115,699)|(1,091,016)|(1,069,790)|
|Net expenditure|||(10,297)|(48,589)|(58,886)|(182,649)|
|Transfers
between|funds||1,773|(1,773)|||
|Net movement
in funds|||(8,524)|(50,362)|(58,886)|(182,649)|
|Reconciliation
of|funds||||||
|Total funds brought|forward||162,531|983,604|1,146,135|1,328,784|
|Total funds carried|forward|20|154,007|933,242|1,087,249|1,146,135|
##
|||||Note|2022
f|2021f|
|---|---|---|---|---|---|---|
|Fixed assets|||||||
|Tangible assets||||13|1,327,839|1,136,452|
|Current assets|||||||
|Stocks||||14|6,033|11,872|
|Debtors||||15|49,087|46,448|
|Cash at bank and|in hand||||151,038|163,498|
||||||206,158|221,818|
|Creditors: Amounts||falling due within one year||16|(167,826)|(142,827)|
|Net current assets|||||38,332|78,991|
|Total assets less|current||liabilities||1,366,171|1,215,443|
|Creditors: Amounts||falling due after more than one year||77|~279,9227|(69,308)|
|Net assets|||||1,087,249|1,146,135|
|Funds ofthe charity:|||||||
|Restricted funds|||||933,242|983,604|
|Unrestricted
income||funds|||||
|Unrestricted
funds|||||154,007|162,531|
|Total funds||||20|1,087,249|1,146,135|
##
##
|||||2022|2021|
|---|---|---|---|---|---|
||||Note||F|
|Cash flows from operating
activities||||||
|Net cash expenditure||||(58,886)|(182,649)|
|Adjustments
to cash flows from non-cash||items||||
|Depreciation||||148,733|148,975|
|Investment
income||||(18)|(33)|
|||||89,829|(33,707)|
|Working capital adjustments||||||
|Decrease/(increase)
in stocks|||14|5,839|(41)|
|Increase
in debtors|||15|(2,639)|(24,840)|
|increase/(decrease)
in creditors|||16|18,875|(37,934)|
|Decrease
in deferred
income|||16|(3,163)|(87,649)|
|Net cash flows from operating|activities|||108,741|(184,171)|
|Cash flows from investing
activities||||||
|Interest receivable
and similar|income||6|18|33|
|Purchase
oftangible
fixed assets|||13|(364,196)|(15,648)|
|Sale oftangible
fixed assets||||24,076|235,000|
|Net cash flows from investing|activities|||(340,102)|219,385|
|Cash flows from financing
activities||||||
|Repayment
of loans and borrowings|||17|(48,248)|(61,588)|
|Repayment
of capital element
contracts|offinance leases and HP||18|267,149||
|Net cash flows from financing|activities|||218,901|(61,588)|
|Net decrease
in cash and cash equivalents||||(12,460)|(26,374)|
|Cash and cash equivalents
at|1 April|||163,498|189,872|
|Cash and cash equivalents
at|31 March|||151,038|163,498|
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|is included
in the account|s.||||||
|---|---|---|---|---|---|---|
|Depreciation
is provided|on tangible|fixed|assets so as to|write
off the cost or valuation,||less any|
|estimated
residual
value,|over their expected||useful economic|life as follows.|||
|Asset class||||Depreciation
method|and|rate|
|Freehold
land and buildings||||Not depreciated|||
|Leasehold
properties||||Straight
line over the
or less|life of|the lease|
|Fixture and fittings||||12.5% straight
line|||
|Computer
equipment||||4 years straight
line|||
|Plant and machinery||||Straight
line over the|life of|the lease|
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|||||Unrestricted||||
|---|---|---|---|---|---|---|---|
|||||funds||||
||||||Restricted|Total|Total|
|||||General
f|funds
f|2022
8|2021|
|Donations|and|legacies,||||||
|Gift aid|reclaimed|||486||486|1,892|
|Grants,
including|||capital grants;|||||
|Government||grants||107,100||107,100|26,108|
|Grants|from|other charities|||18,310|18,310|29,690|
|Coronavirus||job|retention|||||
|scheme|grant|||14,360||14,360|313,662|
|Regular
giving||and capital||||||
|donations||||5,272||5,272|12,366|
|||||127,218|18,310|145,528|383,718|
##
|Income from ch|aritable
activi|ties||||
|---|---|---|---|---|---|
|||Unrestricted||||
|||funds||||
||||Restricted|Total|Total|
|||General
8|funds
8|2022|2021f|
|Subscriptions
from|members|381,386||381,386|264,808|
|Swimming
Pool||77,916||77,916|13,536|
|Main hall, squash|and fields|49,299||49,299|14,372|
|Fitness room fees||20,515||20,515|6,565|
|Course and activities||114,249||114,249|8,270|
|WDDC Service charges||157,783|28,800|186,583|184,455|
|Advertising
sponsorship|||||615|
|Other income||319|20,000|20,319|30|
|Solar panel income||4,157||4,157|5,350|
|Rental income||3,000||3,000|4,815|
|||808,624|48,800|857,424|502,816|
##
|5
Inco|me from other trading
activities|||||
|---|---|---|---|---|---|
|||Unrestricted||||
|||funds||||
||||Total|Total||
|||General|2022|2021||
|||8|6|||
|Trading|income;|||||
|Sales|ofgoods and services|29,160|29,160||574|
|||29,160|29,160||574|
##
##
|6
Investment
inc|o|me||||||
|---|---|---|---|---|---|---|---|
||||Unrestricted|||||
||||funds|||||
|||||Total||Total||
||||General|2022||2021||
||||E|6||E||
|Interest receivable|and similar income;|||||||
|Interest receivable||on bank deposits|18||18||33|
##
|a) Cos|ts oftrad|ing
ac|tivities||||||
|---|---|---|---|---|---|---|---|---|
|||||||Unrestricted|||
|||||||funds|||
||||||||Total|Total|
|||||||General|2022|2021|
||||||Note|6|6||
|Opening|finished|goods||||11,872|11,872|11,831|
|Goods|for resale|and vending||purchases||21,749|21,749|303|
|Stocktaker's fees||||||100|100||
|Shop costs —operating|||lease|||1,721|1,721|1,466|
|Shop costs. wages and|||salaries|||1,703|1,703||
|Closing|finished|goods||||(6,034)|(6,034)|(11,872)|
|||||||31,111|31,111|1,728|
##
##
|8
Expenditure
on cha|ri|table|a|ctivities||||
|---|---|---|---|---|---|---|---|
||||||Activity|||
||||||undertaken|Total 2022|Total 2021|
||||||directly|||
||||||5||6|
|Employment
costs|||||510,147|510,147|576,771|
|Water rates|||||12,871|12,871|5,420|
|Light, heat and power|||||78,956|78,956|56,133|
|Insurance|||||16,209|16,209|19,337|
|Repairs and maintenance|||||160,090|160,090|94,038|
|Cleaning
and chemicals|||||10,527|10,527|6,456|
|Printing, postage
and telephone|||||6,274|6,274|4,639|
|Computer expenses|||||205|205||
|Subscnptions|||||2,552|2,552|855|
|Contribution
to cancer rehab|||||19,994|19,994|18,678|
|Security changes|||||||23|
|Instructors
fees|||||945|945|182|
|Uniforms|||||1,271|1,271||
|Sundry expenses|||||4,397|4,397|221|
|VAT Disallowed|||||36,857|36,857|13,972|
|Travel and subsistence|||||863|863||
|Advertising|||||5,853|5,853|3,211|
|The audit ofthe charity's||annual||accounts|4,200|4,200|4,150|
|Auditor's
remuneration|-non audit|||work|2,100|2,100|2,050|
|Legal and professional|fees||||15,554|15,554|7,288|
|Bank and credit card charges|||||6,883|6,883|2,543|
|Loan interest|||||6,849|6,849|(952)|
|Bad debts written
off||||||||
|Depreciation
of long leasehold|||property||116,423|116,423|116,392|
|Depreciation
of plant and||machinery|||32,310|32,310|32,583|
|Loss on disposal
of fixed||assets|||7,575|7,575|104,072|
||||||1,059,905|1,059,905|1,068,062|
##
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##
##
|The aggrega|te
payroll costs were|as follows:||
|---|---|---|---|
|||2022|2021|
|||8||
|Wages and|salaries|475, 174|521,138|
|Redundancy|costs||24,807|
|Employers|Nl|24,093|22,618|
|Staff pensions||8,711|7,584|
|Staff training||3,872|624|
|||511,850|576,771|
|The
monthly
average
number
of persons
charity
during
the year was as follows:|(including
senior
management
team|)
empl|oyed
by|the|
|---|---|---|---|---|
||2022||2021||
||No||No||
|Leisure centre||38||47|
|Management||6||8|
|||44||55|
##
##
|13Tangible fixed assets||||
|---|---|---|---|
|||Furniture||
||Land and|and||
||buildings
f|equipment
6|Total
f|
|Cost||||
|At 1 April 2021|2,225,974|485,142|2,711,116|
|Additions||364,196|364,196|
|Disposals||(103,129)|(103,129)|
|At 31 March 2022|2,225,974|746,209|2,972,183|
|Depreciation||||
|At 1 April 2021|1,284,095|290,569|1,574,664|
|Charge for the year|116,423|32,310|148,733|
|Eliminated
on disposals||(79,053)|(79,053)|
|At 31 March 2022|1,400,518|243,826|1,644,344|
|Net book value||||
|At 31 March 2022|825,456|502,383|1,327,839|
|At 31 March 2021|941,879|194,573|1,136,452|
##
|14Stock|||
|---|---|---|
||2022f|2021|
|Finished
goods|6,033|11,872|
|15Debtors|||
||2022|2021|
||F||
|Trade debtors|2,202|1,598|
|Prepayments|17,717|10,770|
|Accrued income|14,007|23,154|
|VAT recoverable|10,032|10,390|
|Other debtors|5,129|536|
||49,087|46,448|
##
##
|16Creditors:|amounts
falling due within one year|||
|---|---|---|---|
|||2022f|2021f|
|Bank loans||10,000|50,000|
|Trade creditors||25,284|18,136|
|Other loans||31,529|40,529|
|Hire purchase|and finance leases|58,287||
|Other creditors||9,999|2,287|
|Accruals||15,587|11,572|
|Deferred income||17,140|20,303|
|||167,826|142,827|
##
|17Creditors:|amounts
falling due after one year|||
|---|---|---|---|
|||2022f|2021f|
|Bank loans||32,500||
|Other loans||37,560|69,308|
|Hire purchase|and finance leases|208,862||
|||278,922|69,308|
##
|18 Obligations
under leases and hire purchase
cont
The total value of future
minimum
lease payments
was|racts
as follows:|
|---|---|
||2022|
||F|
|Within one year|58,287|
|In two to five years|208,862|
||267,149|
##
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##
|20 Funds|||||||
|---|---|---|---|---|---|---|
|||Balance at||||Balance at|
|||1 April|Incoming|Resources||31 March|
|||2021
8|resources
6|expended
6|Transfers
F|2022
f|
|Unrestricted
funds|||||||
|General|||||||
|Unrestricted
General|Fund|162,531|965,020|(975,317)|1,773|154,007|
|Restricted funds|||||||
|The Real Tennis Court|||||||
|Restricted
Fund||46,165||||46,165|
|Leisure Centre
& Swimming|||||||
|Pool Restncted
Fund||932,920|49,800|(94,138)|(1,773)|886,809|
|Cancer Rehabilitation|||||||
|Restricted
Fund||4,519|17,310|(21,561)||268|
|Total restricted
funds||983,604|67,110|(115,699)|(1,773)|933,242|
|Total funds||1,146,135|1,032,130|(~(,091,076||1,087,249|
|||Balance at||||Balance at|
|||1 April|Incoming|Resources||31 Illlarch|
|||2020|resources|expended|Transfers|2021|
||||6||6||
|Unrestricted
funds|||||||
|General|||||||
|Unrestricted
General|Fund|83,717|830,651|(851,600)|99,763|162,531|
|Restricted funds|||||||
|The Real Tennis Court|||||||
|Restricted
Fund||250,000||(104,072)|(99,763)|46,165|
|Leisure Centre 8 Swimming|||||||
|Pool Restricted
Fund||978,994|47,800|(93,874)||932,920|
|Cancer Rehabilitation|||||||
|Restricted
Fund||16,073|8,690|~(20,244||4,519|
|Total restricted
funds||1,245,067|56,490|(218,190)|~(99763|983,604|
|Total funds||1,328,784|8(!7,141|~(7, 069,790||1,146,135|
##
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##
|||Unrestricted|||
|---|---|---|---|---|
|||funds|||
||||Restricted||
|||General|funds|Total funds|
|||f|6|6|
|Tangible|fixed assets|626,175|701,664|1,327,839|
|Current|assets|(38,560)|244,718|206,158|
|Current|liabilities|(163,446)|(4,380)|(167,826)|
|Creditors|over 1 year|(270,162)|(8,760)|(278,922)|
|Total net assets||154,007|933,242|1,087,249|
##
|22 Analysis
of ne|t funds||||||
|---|---|---|---|---|---|---|
|||||||At 31 March|
||||At|1 April 2021
f|Cash flow|2022
F|
|Cash at bank and|in hand|||163,498|(12,460)|151,038|
|Finance leases and hire purchase||contracts|||(267,149)|(267,149)|
|Net funds||||163,498|(279,609)|(116,111)|
##