2022-03-31-accounts - Stamshaw And Tipner Leisure Centre Association

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STAMSHAW & TIPNER LEISURE CENTRE ASSOCIATION

REPORT OF THE TRUSTEES

AND UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 MARCH 2022

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022

The trustees present their report with the financial statements of the charity for the period ended 31 March 2022. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities' issued in March 2005.

REFERENCE AND ADMINISTRATIVE DETAILS

Charity number

271120

Address

Stamshaw & Tipner Community Centre Wilson Road Stamshaw Portsmouth

Trustees during the period

Angela Drury Kelly Drury Susan Page - left November 2021 Kerry Mills - left June 2022 William Bradrick - left November 2021 Dan Campbell Debbie Hutchinson Roger Campbell - appointed March 2021 Cllr Lee Hunt - appointed May 2021

Independent Examiner

John Pache Barter Durgan Victoria Road South Southsea

Bank

NatWest Bank Commercial Road Portsmouth

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is a charitable unincorporated association and is controlled by its governing document, a constitution registered with the Charity Commission.

Recruitment and appointment of new trustees

The charity is managed by a Committee of Trustees elected by and from the membership at the Annual General Meeting. A trustee induction pack has been produced and training can be made available. The trustees meet regularly to oversee policy and finance matters and plan activities

Risk management

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

OBJECTIVES AND ACTIVITIES

Public benefit

The trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the charity's aims and objectives and in planning future activities.

ACHIEVEMENT AND PERFORMANCE

The Trustees had managed to sustain the Association during the very difficult period of the Covid-19 pandemic although the community centre was forced to close for several months in the year from April 2020 to March 2021.

From April 2021 onwards most former groups returned and new activities started, so that a broad programme is now on offer to the community.

APPRECIATION AND THANKS

This Annual Report gives the Trustees an opportunity to offer public thanks to the many people who have supported their work during this period.

Regular hirer groups for their loyalty to the Association
Volunteers
Portsmouth City Council for advice and information and some financial support

FINANCIAL REVIEW

The Association ended the 2021 / 22 financial year in a reasonably healthy financial position, largely due to the efforts of the chairperson, Angela Drury, who had singlehandedly kept the centre clean and safe, opened the building for groups when the rules allowed, ensured that all Covid precautions were observed and made all the necessary applications for the government funding which was available

STAMSHAWAND TIPNER LEISURE CENTRE ASSOLIA I ION FINANCIAL STATEMENTS FOR THE YEAR ENDEO 3 1 klARCH 2022

STAIASHAWAND TIPNER LEISURE CENTRE ASSOCIATION Cont8nts ol Iho Fknancial Stskn frjr the yesr eTrJed 31 Mwch 2022 Page General Information Trustee's Rert Independent Examlne¢8 R8POrt ststem8nt ot FInala1 Actjvitks Balance Sheet Notes to the Flnanciol Statemgnts

STAMSHAWAND TIPNER LEISURE CENTRE ASSOCIATION General infomation For tb.e yÈar ep.ded 31 March 2022 TRUSTEES OFFICERS Chairperson Secretary - Miss A Drury .MsKJDrury - Mr D Campbell Ms D Hutchinson Cllr Lee Hijnt - Mr R Campbell CENTRE ADMINISTRATOR ADDRESS 69 Wllson Road Slamshaw Portsmouth Hants P02 SLE CHARITY NUMBER 271120 ACCOUNTANTS Barter Durgan Casrtored Accountants 10 Victoria Road South Soulhsea. Hants P05 2DA BANKERS National Westminster Bank PO Box 25 130 CommerGial Road PortsMcth Hants, POI 1ES Page 1

STAMSHAWAND TIPNER LEISURE CENTBE ASSOCIATION TRUSTEES REPORT The Trustee's present their report and the current financial statements for the year ended 31 March 2021. which have been dn up to tomply wFlh turrettt Gtatutory requKetrEnts and the charlty's govefnirwJ documents. CONSTITUTION The constitution of the ch8rlty is set out In the govemlng In*ume,-t adopted at the Annual fierai iylevting hcid on 7June 1999. TRUSTEES The ITuslees who 6eNed on the management committee durlng the year are: Miss Angeb Drury Ms Kelly Jane Eirury Cllr Lee Hunt Mr Roger Campbell Debble Hutchinaon IAr Daniel Gafflpbell Trust86s arè è18cted followiiig Iltsiiilnaliuii iiiid 8pproval al the Annual General Meeting. The struGture of the centre ts made up of a General Management Committee Ihal is the goveming body of the centro and a Board of Directors resporisib18 for thé Limiifrd Compai)y IhfOUgtI ifie v¥nt>(al M&iiiag6nieril Committee. No d6cision CoTr be Thiada Wilhoul a 4uoiuni b¥iity wtr$enl made up of 113 of the lot81 number of Committee memb818. STA TUS The Assoctatlon Ig a reglstered charity (Number 2711201 RESULTS The results for the year are sel out in tre Slalement ol Financial Activities on page 5 and the position at the erKI of the year 18 sh¢n ip, tr.= Balance s.0¢1 or, p8ge S. Rl8k8 Tho financial ri8k5 that the truoL88S friave tkén éxposed as idenll(ied by the truste8s Ive been reviewed and syslems have been established to mItate those rlsks. A policy has been agreed whereby a balance Sheet is produced for the manageThnI Commtttee and Dlrectofs nthlY meetings stating the financial posibon of the assoGiation. Bank slatements are produced iwice monthty by the bank and these are presented at the monthly meetings. Al income and expendilure is monrtored to ensure all income is paid and any unnecessary expenditure is eliminated. VOLupifARY INPUT The contribution by volunteern is necessary for the continuation of the tre. at present they are few and far between. The volunteers we have are loyal, dedSc8ted and commbtted to the centre. RESERVES The restricted reserves represent lunds held separatety from the asso¢latlon on behaw of various sections who have raised fund5 to JPèTale and managc Ihctsc soctlon•. All other reseNes are unr05trKted and lideSig[late. Page 2

STAMSHAWAND TIPNER LEISURE CEKTRE ASSOCIAMON TRUSTEES REPORT continued STLC LNrrED A separate company, STLC Limfted. runs the bar trading and gamin9 machine activities. The Association holds the share capital ol STLC Limited and by deed of covenant STLC LiThAted is comrritted lo pay all its profits over to the Associalton. Separate accounts for STLC Llmiled have been prepared. as required by the Companies Act, and are available for inspection in the office. INOEPENDENT EXAMINER A resolution to r&appoint an Independent examtner for th8 following year wlll be proposed at the Annual Gèneral Meeting following nongidtsr>Llon bil Lle members of tenders submltted for the pcoltlon. Synedon behalfofthe trustees on..............,.. A Drury Icttalrpèrson) Paye 3

STAMSHAW AND TIPNER LEISURE CENTRE ASSOCIATION Independent Examiner's Report tothe Trustees of The Stamshaw and Tipner Leisure Centre Association I report on the &¢ounts of the Assoclation for the year ended 31 March 2021, whi¢h are sel oul on pages 5 to 9. R•spo¢tlve ponsibl11t4eS of truslee$ and examlner The charity's trustees responsib for the preparation o!t4e accounts. The charity's trustees conBider than an audit is not required for this year (under section 43{21 of the Charities Act 1993 (the 1993 Act)) and that an indep8ndent examination ts noeded. It is my responsibilty to.. examine th8 accounts (under 88Ctton 43(3)la) of the 1993 Act).. follow the procedures laid down in the Gener81 Dlreclors given ty the charhy Commissh)nefS (under secllon 4317llbl of the 1993 Actl-, and state whether particular matters have com lo my attention. Basis of indeponqlent •xarnlneV8 report My examinabon was carried out in accordance with the General Directions given by the charity Commi88ioners. An examination includes g review of the accounting Fecords kept ty the chaTity and a compaTiSon Df the accounts presented with Ihose record5. 11 also includes consideration of any unusual items or disclosures in the accounts, and the seeking of explan8tt.ong from you as trustees concerning any such matters. The procedures undertaken do not provide all the wiidenc8 that. vjguld be required in an 8uth't 8nd, consequently, I do not 8xpres6 8n 3u¢Jrt opinlon on the view given by the accounts. Indopendent examlnar's •tat•mant lfj Ctsh4ectioft i%',Yh my examlnallon, rto m8ttor l&,8s corne to my attentlon.. (11 1¢h glve8 rTh> re850nable cause to believe that. In any material respect, the requireff¢nts'. to keep accountino records In accordance with Section 41 of the 1993 Act., and to pwpare accounts whlch accord wlth the accounting records and to comply wlth the accounting r8quirements ofthe 1993 Actr have not l)een m8t'. or 12) to 1C, in my opinion, attention should be drawn in order to enabl8 a proper underst8nding of th8 accoup.18 tu ba reached John B Pa¢he FCA Barter Durgan Ctriarler8d Accounlarits 10 Victoria Road South Southsea I,ants P05 2DA Dated: Page 4

b IAMbHAW AND TIPNER LEISURE CENTRE ASSOCIATION STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022 Restricted Unrestricted 2022 2022 Total 2022 Total 2021 Notes INCOME AND EXPENDITURE Incoming Rèsources Pha1#ble Octivities Membership subscriptK)ns Letttngs and mom hire Guests. fees Grants Deed of covonanl Chanty Income Othèr aetlvltlos to g•nerats funds Fundraisiny Occupancy Charge Total Incomlng RMouYc•B 110 14,774 38,4-13 3tl,4 30,987 30,987 87,094 3,000 3,000 2,867 2,887 443 75.334 75.334 82,421 Resourca8 Expend•d C06t of gonerating funds Fundrahln9 C081• Funds adjustment Tc:al cost of gBnoratlng fuThd6 Charltablo gxp•ndllur• Dlrecl charitsble expenditure Management and administratlon Total charll•bl• •xp•ndllu 60,912 1,908 62,820 60,912 57.840 2,050 62,820 Total r•8ource• •xpendod Not Incornlnglloutgolng) Te4our¢•s 12,514 Net movement In funds 12.514 12,514 22,531 Fund Bal&nce8 8rought Forward at 1 April 2021 Fund Bolanc•3 Brought Forward at 31 Mar¢h 2022 18 883 31,J91 20,100 J2.t114 10 20,100 All income and exp8nditure relates to contlnuing opeTation$ All galns and losses recognlsed in the y6ar ar& ii)cludEd In the Statsment of Financial ActNI1. The n¢)tes on the follovlng_pages form part of the accounts

o i • irThErr LClaVlIt AbbULIA I IUN 8AL4NCE SHEEf AT 31 MARCH 2022 2022 2021 No9 FIXED AS8Ers INVESTMENTS CURRENT ASSETS Debtois Cash al bank and ln hand 6.805 37,085 6,277 25,001 43,890 31.278 CREDITOR8: Amounts falllng due wlthin one year NEf CURRENT A8SETS 32,611 20.097 NET ASSETS 32.614 FUNDS Unrestricted Regtricled 10 10 31,397 1,217 18,883 1,217 32,614 Approved by tho frust8 on ........ A Drury (chalerSon) The notes on the frjifcthing pages form part of these accounts Page 6

STAMSHAW AND TIPNER LEISURE CENTRE ASSOCL4TION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 RCH 2022 ACCOUNTING POLICIES al Ba818 of Preparatlon of Accounts The financial statements have been prepared in accordanc8 with the applicable accounting standards, the Statement ol Récommended Pro¢lice undèr the hlstorleal cosl accounting rules, and the Charib'es Act 1993. b) Tanglbl• A8gets DeprEciatton is provided at rates calculated to write off'lhe cost. less estimated residual value ovw triéif expected useful lives as follows'.- Long 3$ehOld property Fumilure and equIpnI 5% per annum on cost 15% per annum on cost el Incom• In¢om8 compTises th8 value of goods and seNkes supplied, net of Valu8 Addad Tax. d) Stock SAock is slated at the lower of cost and net realisable value. after making du8 allowance for obsolete and ow moving iterns. e) Amocatlon ol Co$t8 Direct charllable expenditur8. fundrslslng costs, and the Gosts of management and admlnistration. are written off to the PToflI and loss accounl when kn¢LKred. Expenditur8 is caplt8li8d for the SP6GSfic costs of furnitur& and equipment ets. STAFF COSTS Th& average number or persons employed by the association were.. Cleaning, m8inlen8nce and Centre management 2022 2021 Tho total remuneratlon pakj w8$.. W8ge8, salaries and so¢lal security costs No employee earned mor8 than £50,000 TAXATION Due to the nature of the A55c¢ialb)n's acliviti8S there Is no corporatlon tax IlabS1ty arisin9 ors the Associatlon'$ results for the year. Page 7

l AMt>MAW AND TIPNER LEISURE CENTRE ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 DIRKT cHARABLE EXPENDITURE 20Z2 2021 Rates Light, h6at and water Insurance Cleaning Repairs and maintenance Wages and salarle$ Perbsion Telephone ststlonory, advertlslng and postage Professional fees Licenses and fees Sundries Fundralsing costs Training Bank charge# Depreciation Unknown cheque8 Dcnalw)n$ Cash Balancg write off 4,323 14,070 2,273 2.436 1,493 28,241 718 390 130 6,647 1,968 3.635 5,370 34.725 1.198 376 320 1,298 501 205 137 299 1.472 715 1,931 36 272 521 500 4,265 60,912 MANAGEMENT AND ADMINISTRATION 2022 2021 Book-keeping Accountancy 468 610 1.908 2,050 FIXED ASSETS Long leasehold propety Furniture and equipment Totals COST: At 1 April 2021 Addrtn. At 31 March 2022 31,530 52,750 84,280 52,750 DEPReciATION: At l April 2021 Charge for year Oisposals At 31 March 2022 31,S30 52,750 é4,280 NET BOOK VALUE: Al 31 March 2022 Al 31 Mar¢h 2021 Page 8

NOTES TO THE FINANCIAL sTATEmEs FOR THE YEAR ENDED 31 MARCH 2022 FIXED ASSET IPIVESTIAEPITS Tha associauoii's investhents at thé baknce sheet date in fhe share capital of unlisted Companies Include the following.. STLC Limited Na.ure of busirtess.. 4da*- tradifig. Class of shares: Ordinary holding 100.00 2022 2021 Aggregats capital and re58rve4 Profivlloss) for the year 9,880 9.678 DEBTORS 2022 2021 Trade debtors and prepayment8 Arnount duc from Subsidiary iJndertakin9 828 5,977 300 CREDITORS: AMOUNTS FALLING DUE wrrHIN ONE YEAR 2022 2021 Accrued expenses and Dthpr tax8$ 11,279 10. RECONCILIATION QF MOVEMENT IN FUNDS IA) RESTFiSCTED FUNDS UNRESTRICT&O VARIOUS SPORT FUNDS AND LEISURE CLU8S Fund8 at 1 Aprth 2021 ncome Expended Funds at 31 March 2022 1.217 18,883 75,334 62.820 IB) RESTRICTED FUNDS T.4cso arc ftsnd$ whtch are given or coll•cted fur specific purposes 11. PORTSMOUTH CITY COUNCIL SUPPORT Portsmouth City Council provkl&s Ilie following support to the Associats'on.. The premises, nI free, quantified lo be worth £14,500 Malnlcnance tsf 69 Wi130r, Road Two part-lime members of staff Pag8 9

STAMSHAWAND TIPNER LEISURE CENTRE ASSOLIA I ION FINANCIAL STATEMENTS FOR THE YEAR ENDEO 3 1 klARCH 2022