## **STAMSHAW & TIPNER LEISURE CENTRE ASSOCIATION** 

## **REPORT OF THE TRUSTEES** 

**AND UNAUDITED FINANCIAL STATEMENTS** 

**FOR THE YEAR ENDED** 

**31 MARCH 2022** 

1 



**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 

2 



## **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 

3 



## **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 

4 



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 Re￿rt
Independent Examlne¢8 R8POrt
ststem8nt ot FIna￿la1 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
PortsMc￿th
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 d￿￿n 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 I￿ve been reviewed and
syslems have been established to mIt￿ate those rlsks. A policy has been agreed whereby a balance Sheet is
produced for the manageTh￿nI Commtttee and Dlrectofs n￿thlY 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
Pha￿1#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
No￿9
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 frust￿8 on ........
A Drury (chal￿erSon)
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$ehOld property
Fumilure and equIp￿nI
5% per annum on cost
15% per annum on cost
el Incom•
In¢om8 compTises th8 value of goods and seNkes supplied, net of Valu8 Addad Tax.
d) Stock
SAock is slated at the lower of cost and net realisable value. after making du8 allowance for obsolete and
ow moving iterns.
e) Amocatlon ol Co$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 cHAR￿ABLE 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
Addrt￿n.
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 sTATEmE￿s
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

STAIASHAWAND TIPNER LEISURE CENTRE ASSOCIATION
Cont8nts ol Iho Fknancial Stskn
frjr the yesr eTrJed 31 Mwch 2022
Page
General Information
Trustee's Re￿rt
Independent Examlne¢8 R8POrt
ststem8nt ot FIna￿la1 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
PortsMc￿th
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 d￿￿n 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 I￿ve been reviewed and
syslems have been established to mIt￿ate those rlsks. A policy has been agreed whereby a balance Sheet is
produced for the manageTh￿nI Commtttee and Dlrectofs n￿thlY 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
Pha￿1#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
No￿9
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 frust￿8 on ........
A Drury (chal￿erSon)
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$ehOld property
Fumilure and equIp￿nI
5% per annum on cost
15% per annum on cost
el Incom•
In¢om8 compTises th8 value of goods and seNkes supplied, net of Valu8 Addad Tax.
d) Stock
SAock is slated at the lower of cost and net realisable value. after making du8 allowance for obsolete and
ow moving iterns.
e) Amocatlon ol Co$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 cHAR￿ABLE 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
Addrt￿n.
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 sTATEmE￿s
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