2023-03-31-accounts

REGISTERED COMPANY NUMBER.. 01266607 (England and Wale51 REGISTEREO CHARITY NUMBER: 273334 REPORTOF THE TRUSTEESAND UNAUDITED FINANOAL STATEMENTS FOR Tr+E YEAR ENDED 31 MARCII 2023 FOR WEST WIGHT SPORTS AND COMMUNITY CENTRE TRUST LIMffED Brlght Bruwn Limited Charte￿d A£cDuntants Exchange House St. Cro55 Lane Newport Isle of Wight P030 5BZ

WE5fwiGHT SPORTS AND COMMUNITY CENTRE TRUST LIMITED CONTENTS OF THE FINANCIALSTATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 Pa8e Report oftho Trustse5 I to 5 ndependent Examlnèrfs Report Statement of Flnancial Actlvltles Balance Sheet Cash Flow Statement Notesto the Cash Flow Statement li P*Jttsto the Flnant&81 Statements 12 to 22 Detslled 5tatemont of Flnanclal Actmties 23 to 24

WEST WIGHT SPORTS AND COMMUNITY CENTRE TRUST LIMITED REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2013 The trustee5 who are also direttor5 of the charity for the purposes of the Companles Att 2006, present their report with the Ilnancial statements of the (harlty for the year ended 31 March 2023. The trustees have adopted the provisions of Accountin8 and ReporNng by Charit*5- Statement of Recommended Practice appllcable to charities prepèring their accounts in accordance with the Financial Reporting Stand3rd applicable in the UK and Republic ol Ireland IFRS 1021 leffectlve I lanuary20191. OBJECtIVES AND AcnviTIES ObJectl¥ts and Alm5 The ubjects of the charity are to provide facllltles for ￿CreatiOn, or other leisure time occupatlon, by the public. The principal activities 3re the management and runnlng of West Wight Sport5 and Cornmunity Centre, Freshwater, Igle of Wi8htfor the benefit of clubs and the pub15c. To thls end the aims and objectives ol the charityforthe yearwere to.. Continue to piovide a range of sports, indudingswimming to the communlty afid to increase parknclpatyon. Increase the opportunities forthe ach5evement of excellence in sport. Develop further links within the community, encouraging and supporting heathy Ilfestyles. Working in partneysfvip with other a8entiesto provlde supportand infonnation to the local community. A55ess the envlronmental impact of our busines5 and continue to Strive to reduce it Publlr benefft The company's charitsble status etnbodie5 the prow51on Df social welfare and facilities for ￿Creation for the public benefit. In shapin8 our object5ves for the year and planning our aCtivi￿e5, the trustees have considered the Charity Commlssion's guidart￿ on publlc benefiL Including the guldantt'public benefit.. running a chariw. Page I

WEST WIGHT SPORTS AND COMMUNITYCENTRE TRUST LIMITED REPORTOF ThE TRUSTEES FOR THE YEAR ENOED 31 MARCH 2023 ACHIEVEMENT AND PERFORMANCE Revlew ol a¢livbtlès Thi5 financial year has been a busy one for West Wlght Sport5 and Communlty Centre. WE were fortunate in recruitin8 three newTru51ees who have broughttheirski115 and knowledge to our Board . Durin8 th15 financial year we were sorry tolose one of our lounder members of West Wight Sports and Communlty Centre, Shirley Miles BEM. Shlrley wa5 passionate about teaching SW￿mMIng and continued to leach thildren Into her eighties. We miss her and we are grateful for all that she did to promote swimm*ng. WWS&CC continues to invest in our staff by provldln8 key trainirvd opportunities for them. In partTrcular we have tnvested in swlmming teachin8traininB Induding trainln8'. - 8 level 2 swimmlng instructors and, I RL￿ Lifesaving Instructor A5 8 result, we now have a team of 15 qualified Swimming In5tructor5. Thls has allowed us to successfully adVaTh￿ our goal tsf developing our swimming les50n provision and we have seen a 78% increase in children 5i8nlng up for tenn tlme swlmmlng cour5e5 over the past two years. In addltion, staff continue to pursue other professlonal development and mandatory traifiing in 3 ran8e of sk1115 including.. Ilfeguarding Safeguarding (basic and desl8nated lead trainin81 - FirstAid - Level 3 5ylim CTrordinator The Centre closed for the Queen's Jubilee. the funeral of Queen Eliiabeth11 and for the Coronation of King Charfes111. Followin8 several incidents in Freshwèter of juvenlle crime and nuSsance two public meetings were held at the request of local people. These meetings were held at the Centre and positive attSon was taken by providing new activities fDr voung people. Two staff undertook traininÈ in boxing to enable them to bring a new sport to youn8 people. The Centre Manager h8s regular meetings with the local po1Sc The Centre prwded support for Ukrainian refugees by offerin8 free 3 month memberships. The PEACII games were hosted by the Centre and the annual Solènt Swim was a8alri very popular. Durin8 thls financial year the Centre erected a Garden CanDPy which created additional space for classes in a quiet setting. Worklng with the NHS on the Island a Community Health Pod ha5 been pla￿d in the Centre, Worknng wlth Freshwater and Yamouth School the centre Is developing more links with the children who have recentlv repalnted pebbles that had been a featurè of ihe front of the Centrè. Critlcally the attendan￿ at the Centre is at its hlghest. meMbe￿h1P is 27% higher than pre-cowld and every week the ntre provides nearly 60 adult fitness classes. The centre 15 thriving In no small part because of the leadÈrship of the Centre Manager, the Trustèes and the team at wws&cc. Pa8e 2

WESTWIGHT SPORTSAND COMMUNbTYCENTrE TRUST UMITED REPORT OF THETRUSTEES FOR THE YEAR ENDED 31 MARCH 2023 ACHIEVEMENT AND PERFORMANCE Fundralslng The chèrlty ctrordlnates fundraising Internally and does not employ any extemèl fundraising a8encies. The lundraisin8 doe5 not Involve contacting or pursuSng Specific individuals for donations. The charity worked to ensure that fundralsin& wa5 appropriate and was carried out compliance with GDPR. No complaints have beÈn ￿CeIved In respect of fvndrai51ng. FINANCIAL REVIEW Flnanclal Review Totsl income for the year amounted to £959,80112022.' £973,5951. Costs trf genèrating fund5 amounted to £32,626 12022-. £41,20513nd costs of charitable actlvities amoLnted to £941,27512022.. E817,2781. Unrestricted and restricted funds carried forward at the end of the year arnounted to £2,242,75912022 ..£2,278,1601 and £25.03312022.. £3,732) resPeCt￿e1¥. Rèserves polcv The charlties reserves, being defined a5 the unrestricted funds of the charity wh¢ch are freely avallable to spend on any of the charity's purposes, are made up as fdlowL 2023 2022 2.281,892 Net assets 2,267,792 Less.. Fixed assets Restricted fund5 1,923,516 3,732 1,906,810 25.033 354.644 Rèsewe5 available 335,949 Fixed assets represent the book value of the land, buildlngs and equipment Used in the operion of the centre, and whilst the walue 15 substantial these are essentlal to the operations of the eentre and c3nnot be liquidated to provide lurther opeiating fuN15. Restricted fund5 are grants ènd donations Fecieved for Specif￿C purposes a5 Outlined in the notes to the accounts and can only be expended forthe purpose lor which they were donated. Reserves are e55entfjal to the running of the centre, and in ensuring it continues to meet the need5 of its users atid the community. The Feserves are used to prowide working Capltal for the day to day rvnnlng of the ￿Thtre, ensure there Is flnancial safety net lor any unexpected requirements and to provlde for the potentlal and occasionally substantlal CDsts required in maintaining the ￿rntre. Reserves held at the year end have improved and are baLk up to a level where they cover 3pproximately six months operatinB costs for the centre. The trustees feel it Is prudent to aSm to incTea5e reserves to cover 8pproMimately nine months operating expenditure. Included within reserves Is a Repairs Contin8èncy fund of £150.(KJO at the year end. These are funds that are avallable for general spending purp05e5, but which the trustees feel it is prudent to set to cover the potentlally substantial costs of vnplanned repair5 and repla￿ment to pool and other equipment not covered by the annual rolling maintenance pm8ramme. During the year pool equipment C05ting ovÈr £60,(KIO had to be replaced, the Costs of this are being written off in the accounts Lwer ten years, but the cash expendtture lor these costs had to be paid Irom free reserves in full thi5 year. Page 3

WEST WIGHT SPORTSAND COMMUNIIYCENTRE TRUST LIMITED REPORTOF THE TRUSYEES FOR THE YEAR ENDED 31 MARCH 2023 FUTURE PLANS We are consciou5 that the swimmin8 PDOI is approaching 50 Yea￿ of age and is thè oldest pool on the Isle of Wight. To reduce risk of closure or major breakdown ènd to ensure the pools continue to be available to our community for at least enother 50 years, we h3vè this year. coMMen￿d initial planning foT a refurblshment or re-build. The cost 15 unknown and will require a major fund raising and long term project plan which we will Trnvest5gatin8 over coming months STRUCTURE, GOVERNANCE AND fllANAGEMENT GovernlnE dotument West Wight Sports and Community Centre Trust Llmlted is a company Ilmited by guarantee gownèd by Its Memorandum and Artides of Association dated 11 March 1976 as amended 17 March 1977. It has bèen registered as charitywith the Charity Commission Since 29 April 1977. Charlty constituthJn The charity Is governed by the Council of m3na8ement made up of the twstees of ihe charty. All mErHbers of the council are dlrector5 and members of the rompany and are referred to as trustees throughout the 3ccounts in accordance with applirable law. Their Ilability in the event ol winding UP the company would amount to £10, being the amount of the 6uarantee. No member held any interest in the company during the two years priorto 31 March 2023. RÈcrultment and appolntment ot newtrustèes Members of the council DI management are eleeted at the annual geneFal meeting to serve for an unlirnited period of tlrne subject to ra￿ticatIon at each annual general mèeting. Prospettive member5 of thè council are initi31 appioached by 8 member of the board prior to nomination being proposed at the annual general meeting. Subject tD such proposal receiving the full support ol the board, the proposed new trustee Is invited to join the board and following their acceptance is fully bYiefEd a5 to charity mattÈrs and the aims and oblectlves of the chaTity at the IiY5t boafd Mee￿ng atwhich they attend. There a￿ no formal policies for induction and training of council members. Organis*lonal structwe The council of management meet on a bl-monthly basss to mn5ider ￿levant issues relating to the cha¥ity. A eentre manager is appointed by the councll of management to manage the strate8ic and day to day operations of the charity. Rlsk mana8emÈnt The trustee5 have a dvty to Sdentify and review the risks to which the charity is exposed and to ensure appropriate tontrds are in place to pmide reasonable 8ssurano a8aTrnstfraud and error. REFERENCE AND ADMINISTRATIVE DEfAILS Re8iStered Company number 01266607 (England and W3le51 Resistered Charity number 273334 Reglstered officè Moa Place Fr￿hw5ter Isle of Wight P040 9XH Page 4

WEST WIGHT SPORTSAND COMMUNITYCENTRE TRUST LIMITED REPORT OF THETRUSTEES FOR THE YEAR ENDED 31 MARCH 2023 Trustees Dr G Thomson Mrs G Kennett MBE Mr D Hancock Mrl BAwty Mrl Howe Mr C E Fleury Mr M J Webber Mr M Coyle Mr P Noctor Mr G Cameron Mr R Barton-wood - President Chairman Independent Examlner Gavin Kelly ACA, FCCA Bright Brown bmited Chartered AccDuntants Exchange House St. Cr055 Lane Newport Isle of Wi8ht P030 5BZ Bankers LloydsTSB PIC 22 St. Thomas, Square Newport Isle of Wight P030 ISQ Centre manager Clafe Grrflin Approved by order of the board oftrustees on........ . and signed on its behalf bv: Mrs G Kennett MBE- Trustee Page 5

INDEPENDENT EXAMINER'S REPORTTO THE TRUSTEES OF WESTWIGHT SPORTS AND COMMUNITY CENTRE TRUST UMITEO Independent examlne¢5 report to thè trustse5 of West Wight Sports and Communbty Centre Tntst Llmlted I'the Companv'l I repDrtto the charlty trustees on my examination of the accounts ol the Company lor the year ended 31 March 2023. Responsibllltles and Imsk of report As the charity's trustees of the Company land 3150 Its directors for the purposes of cornpany lawl you are responsible for the preparation of the accounts in accordance with the requifements ol the Companies Art 20(￿ I'the 20[￿ Aci'l. Havlng satisfied myself that the accounts of the CoMp3ny are rK>t requlred to ￿ audlted under Part 16 of the 2006 Art and are eligible fL¥r Independent examination. l Teport in respect of my examination of your charity's accounts as carrled out under Section 145 of the Charities Act 20111'the 2011 Act'l. In carrying out my examinatlon I have followed the DireCt￿On5 given by the Charity Commission under SectTron 145151 Ibl of the 2011 Aet. Indeppndent exarnlner's ststement Since your chèrity's sross income exceeded £250.000 your examiner rnu51 be a member of a listed body. I can confirm that l am qualIf￿ed to undertake the examin3tion berause l am a member of the Instltute of Chartered Accountsnts in England and Wales, whiGh 15 one of the Ilsted bodies. I have completed my exam￿￿￿tion. I conftrm that no rnatters have come to my attention in connection with the examination giving me cause to believe.. accounting ￿COrdS were not kept in respect of the Compa￿¥ as re9ulred bySection 386 of the 2(X)6 ACL. or the 3ccounts do not accord with those records,. or the accounts do not comply with the accountlng requirements of Secrlon 396 of the 2(M)6 Act other than any requSrement th3t the aCEDunts give a true and faiT view whith is not a matter considered as part of an independent examinatlon,. or the accounts have not been prepareij in accordan￿ with the methods and prlnciples of the Statement of Fiecommended Practice for accounting and oportin8 by charities lapplicable to charitiES P￿paring their ccounts tn accordance wlth the Financial Reporting Standard appllcable in the UK and RepuL7lic of Ireland (FR5 10211. I have no concern5 and have come across no other matters in connectlon with the examinthon tts which attention Should be drawn in thls report in orderto enable a proper understanding of the acwunts to be reached. G.-kJF Gavin Kelly ACA. FCCA Brlght Brown Limited Chartered Accountants Newport Isle of Wight Date.. z3 Page 6

WEST WIGHT SPORTS AND COMMUNITY CENTRE TRUST LIMITED STATEMENT OF FINANCIAL ACTIVITIES IINCORPOIiATING AN INCOME AND EXPENDITURE ACCOUNTI FOR THE YEAR ENDED 31 MARCH 2023 2023 Total funds 2022 Total funds Unr￿tr1tted funds Restricted funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 138,623 6L326 199,949 335,800 Charltable attlvltles Centrè Operations 661.047 661,047 558,884 other trading acthvities Investment income 94,163 4,642 94,163 4,642 78,811 Total 898.475 61,326 959,801 973,595 EXPENDITIJRE ON Raislng funds 31626 32,626 41,205 ChariiabFe ¥tlYltle5 Centre Operalions 901,250 40,025 941,275 817,278 24 Other 933.876 40,025 973,901 858.507 T￿al NET INCOMEIIEXPENDITUREI 135,4011 2L301 114,1001 115.088 RECONCILIATION OF FUNDS Total funds broughi lo¢ward 2,278,160 3,732 2,281,892 2,166,804 TOTAL FUNDS CARRIED FORWARD 2,242,759 25,033 2,267.792 2.281,892 The notes fomi part of these flnancral ststement5 Pa8e 7

WEST WIGHT SPORTS AND COMMUNITI CENTRE TRUST LIMITED IREGISTERED NUMBER: 012666071 BAiANCE SHEET 31 MARCH 2023 2023 2022 Note5 FIXED ASSETS Tangible a55ets 15 1,906.810 1.923,516 CURRENT ASSETS Stocks Debtors Cash at bank and in hand 16 17 10,550 50,372 420,341 8.234 37,621 353.207 481,263 399.062 CREDITORS Amounts falling due wlthin gne year 18 1120,2811 140,6861 CURRENT ASSETS 360,982 358,376 TOTALASSETS LESS CURRENT LIABIUTIES 2,267,792 2,281,892 N￿ASSET5 2.267,792 2.281,892 FUNDS Unrestricted fvnds Restricted funds 21 2,242,759 25,033 2,278,160 3,732 TOTAL FUNDS 2,267,792 2,281,892 The ch3ritable tompany is enti￿ed to exemption from audlt under Section 477 of the Companies Art 2(M)6 for the year ended 31 March 2023. The members have not requirèd the company to obtaln an audlt of its flnandal statements for the year endEd 31 March 2023 in accordance with Section 476 of the Companie5 Act 2006. The trustees acknowledsetheir ￿SponSIbIlitIeS for ensurin8 that the charitable company keeps aCCDunting records that wmply with Settion$ 386 and 387 of the Companies Act 21)J6 and preparlng financial statements whlch 8lve a true and fair wiew of the ststp of affalrs of the charitable companv as at the end of each financial year and of its surplus or deflcit for ead) fin3ncial year in acCordafi￿ with the requlrements of 5ection5 394 and 395 and whlch otherwise comply wlth the requirements ol the CompanTres Act 2005 relatin8 to financSal 5taternents, 50 far a5 applicable to the charitable companv. The note5 form part ofthese financial statements Page 8 contlnued..

WESTWIGHT SPORTS ANO COMMUNITYCENTRE TRUST LIMITED (REGISTERED NUMBER: 012666071 BALANCE sHE￿- contlnuÈd 31 MARCH 2023 These financial statements have been prepared in accordance with the provisions applicable to charitable companles subject to the small companies reglme. statement5 were approved by the Board of Trustees and authorised f(* Issue on . and were sisned on its behalf by.. The fin nc5 G Kennett MBE- Trustee The ngtes form part of these financlal Statements Page 9

WEST WIGHT SPORTS AND COMMUNITY CENTRE TRUST LIMITED CASH FLOW STATEMEKr FOR THE YEAR ENDED 31 MARCH 2023 2023 2022 Note5 Cash flows from operatlng artTrvrtle$ Cash generated from operations Ir)tefest paid 94,021 158,366 1241 Net cash provided by operating actNlties 94,021 158,342 Cash fluws from In¥estlng actlvltle5 Purchase of tan8iblelixEd assets 126,8871 162,1321 Net cash used in imiestin8 aciivities 126,8871 162,1321 Change in cash and cash equIVa￿Mts In the rewllng perlod Cash and cash eoulvalents at the beglnnin% of the reportlng perfod 67,134 96,210 353,207 256,997 Cash and osh equlvalents atthe end of the repthkng perfod 420,341 353,207 The notes forni part of these finanrial statements Pa8e 10

WESTWIGHT SPORTS AND COMMUNITY CE￿RE TRUST LIMITED NOTE5TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2023 RECONaLIATION OF NET (EXPENDITUREIIINCOMETO CASH FLOW FROM OPERATING ACTIVITIES 2023 2022 Net (expendItu￿)ll￿(tjrne forthe rèporting perfod las perthe ststement of Flnanclal Acti¥ltle51 Adlustmentstor.. Depreciation char8es IntÈrest paid Incre3se In stock5 Increase In debtors lttcrease in ueditor5 114,IODI 115,088 43,593 48,181 24 19411 Iii,iiii 7.125 12,3161 112.7511 79,595 Net cash provlded by operatlon5 94.021 158,366 ANALYSIS OF CHANGES IN NEY FUNDS At 1.4.22 Cash flow At 31.3.23 Nel cash Cash at bank and in hand 353,207 67,134 420,341 353,207 67,134 420.341 Toial 353,207 67,134 420,341 The notes form part of these flnanclal statements Pa8e 11

WEST WIGHT5PORTS AND COMMUNITY CENTRE TRUST LIMITED NOTES TOTHE FINANCIALSTATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 ACCOUNTING POLICIES Basls of prepar￿Ethe financlal 5tatemèt The financlal statements of the charitable companyi whlch 1% a public benef1t entlty under FRS 102. have been prepared In accordance with the Charitles 50RP IFRS 1021 'Accounting and Reportlng by Charities., Statement of Recommended Practice 3ppllcable to charities preparlng their accounts Bccordance with the Financièl Reporting Standard 3ppllcablè in the UK ènd Republic of Ireland IFRS 1021 leffective I january 20191,, F￿nancIal Reporiing Standard 102 'The Financial Reporting Standard applicable in the UK and Repyblic ol Ireland, and the Companies Aci 2(￿￿. The linanclal statements have been prèpayed underthe historical c05t conwÈntion. Intome All Income is recognised in the 5tstement of Financial Activities once the charity has entitlement to the funds, it 15 probable that the income will be re￿Ived and the amount can be rneasured reliably. Expertdlture Liabilitie5 are recognised as expendlture as soon a5 there 15 a legal or constructive obligation committTrng the charity to that expenditure, it is probable that a transfer of economit benefits will be reoulred in setyement and the amoLsnt of the oblSgation can be measured reliably. Expenditure is accounted for on an accruals ba515 and ha5 been classified under headings that 888fegate all cost ￿lated to the category. Where costs cannot be direcdy attributed to particular heading5 they have been allocated to activities on a basis con51stent wlth the use of resources. Grant5 offered subject to conditlons which have not been met at the year end date are noted as a commitment but not accrued as expenditurè. Tanglble fixed &ssèts Depr&ciation 15 provldeil * the followlng annual rates in order to wrlte off eath asset over its estimated useful Long leasehold Improvement5 to property Plant and machinery The useful economic life of the long leasehold property has been revised thhs year to over the Ilfe of the lease, to be more rdecrlve of the èxpected life of the bullding and the leèse term. L)ver the period of the lease Ove¢ thE period of the lease Straight line over 3 to 20 yeaTS Stocks Stocks arè valued at the lower of cost and net realls8ble value, al￿ making due allowance for obsolete and slow moving 5tem5. Taxatlon Income ari￿n8 frDm centre operations is considered to be generated in furtherance of the prlmary purposes of the (entre, and istherefore, exempt from corpwation tax. Incorne 3rising from activities to generate funds is consldered to arise fmm activitles ancillary to the thar￿tsble PUTpose of the centre, or fall withln the bounds of the HM Revenue and Custom5"small tra(ting exemption" for charities, and are therefore, exemptfrom corporation tax. F￿d accountlng Unrestrlcted funds can be used in accordance wlth the tharltable objec￿veS at the dSscTetion of the trustees. Page 12 COntin￿ed...

WEST WIGHTSPORTS AND COMMUNITY CENTRE TRUSf LIMITED NOYES TOTHE FINANCIALSTATeMENTS- contlnued FOR THE YEAR ENDED 31 MARCH 2023 ACCOUNTING POLICIES- Contlnuèd Fund èccountlng Designated fund5 rep￿ent funds set aside by the trustees out of unrestricted fund5 lor spe¢rfic future purposes or project5. Restricted funds can only be used for pèrticular festrlcted purposes W￿thin the objects of the tharity- Restrictions arise when specified by the donor or when funds are raised for particular restricted purpose5. Further explanation of the nature and purpose of each fvnd is included in the notes to thefinancial statements. Leaslng tommltments Rentals paid under operatin8 lease5 are charged to resources expended evenly over thetemi of the lease. Pen51on costs and other PDSt-retlrement benef The charitable company operates a delined contributyon pen5i¢n scheme. contribu￿On5 pa￿ble to the charltable company's pension stheme are thar8ed to the Ststement of Finandal Activiues ￿rt the pello(4 to whith they relate. DONATIONS AND LEGACIE5 2023 Total funds 2022 Total funds Uniestricted funds Re5trlcted fun(Is 79,612 160,540 35.073 40,000 io,o)o 7,575 DonatiDris Grant5 Sponswed events Freshwater Pafish Q)uncil donation Totland Parish Council donat5on Yamiouth Parish Council donation Brighstone Parlsh Council donation Shalfieét Parlsh Council donation 44.898 44.898 61,326 3L498 40,000 10,000 7,727 1,500 3.000 61,326 31,498 10,000 7,727 I,srA) 3,000 138,623 61,326 199,949 335,80 Grdnts recewed, induded in the above. 3re asfollows.. 2023 2022 Community Connector State Aid Grant CoronavlrusJot> Retention Support Community Leisure Recovery Fund Sport En&land 61,326 35,358 24,500 47.082 53,600 61,326 160,540 There are no governmentBrants reoeved in the year induded in the above12022: £106,9401. Page 13 CDntinued...

WEST WIGHT SPORT5 AND COMMUNITY CENTRE TRUST LIMITED NOTE5TO THE FINANCIALSTATEMENTS- contlnued FOR THEY&4R ENOED 31 MARCH 2023 OTHER TRADING ACTIVITIES 2023 Total funds 2022 Total funds Unrestricted funds Restrlcted funds Cafe sgles Retall sale5 Leèged rentals Car parklng income other actlvities 35,341 10.690 20,124 23,779 4,229 35,341 10,690 20,124 23,779 4,229 27,043 13,596 18,987 10,678 8,507 94,163 94,163 78,811 INVESTME￿ INCOME 2023 Total funds 2022 Total funds UnrÈstricted funds Restflcted funds 4,642 loo Investment interest 4,642 INCOME FROM CHARITABLE A￿1VITIES 2023 2022 Attivity MEmberships and centre fee5 Centie Operations Room hire Centre Operations 615,499 45,548 502,137 56,747 661,047 558,884 RA151Nfj FUND5 Ralsln8 donatlons and legacles 2023 Total funds 2022 Total funds UnrestriLted funds Restricted funds Fund rai5in8 expenses 2,107 2,107 Page 14 continued...

WEST WIGHT SPORTS AND COMMUNITY CENTRE TRUST LIMITED NOTES TOTHE FINANCIAL STATEMENTS- contlnued FOR THE YEAR ENDED 31 MARCH 2023 151NG FUNDS- contlnued Othertradlns atdvltle5 2023 Totsl fund5 2022 Totsl fund5 Unrestricted ftsnd5 Rèstricted funds Purchase5 stsff costs Cafe expenses and equipment 23,357 6,882 280 23,357 6,882 26,530 10,829 446 30,519 30,519 37.805 Aggregate amoL>nts 32,626 32,626 41,205 CHARITABLE A￿1VITIES COSTS Direct Costs (see note 81 Centre Operations 941,275 DIRECTCOSFS OF CHARITABLE ACTIVITIES 2023 2022 580.526 505,524 Staff costs Other operatlng leases Rate5 and water Insurance Light and heat Telephone Postage and stationerv Advertising Sundries Chlorine and aud Covid Support Costs Centre aclivities Training Cleaning and waste disposal Repalry and renewa15 Irrecoverable VAT Subscriptions Bank chèrses and Interest Accountancy Legal and profe5slonal fees 9,838 22,757 55,467 2,662 2,685 370 3,994 7,773 531 26,833 7,078 7.775 36,491 40,132 12,063 4,603 5,982 9,466 12,496 33.323 61.705 2.822 3,724 1,911 9,323 10,113 28,427 8,621 9.￿8 61.272 38,041 18,280 5,742 7.178 5,169 762,025 Carried lO￿ard 897,682 Page 15 continued...

WESTWIGHT SPORTS AND COMMUNITY CENTRE TRUST LIMITED NOTES TO THE FINANCIALSTATEMENTS- Contlnued FOR THE YEAR ENDED 31 MARCH 2023 DIRECT COSTS OF CHARITABLE A￿1vITIEs- contlnued 2023 2022 Brought forward Bad debt5 DeP￿tIatIOn 897,682 762.025 323 48,￿1 43,593 941,275 81D.529 GRAMts PAYABLE 2023 2022 6.749 Centre Operations The total grants pald to institutions during the year was a5 follows.. 2023 2022 6,749 Our Pl io. IPICOMVIEXPENDtfuREI Net income/lexpendSturÈl Is stated after chargin￿{Creditingl'. 2023 2022 Depreciation- owned a$5ets Other operating le35es 43,593 48,181 ii. TRUSTEE5' REMUNEPATION AND BEhlEFITS There were no trustees, remuneratlon or other benefits for the year ended 31 March 2023 nor for the year ended 31 March 2022. TrusteÈs' eypeD5es There We￿ no 31 March 2022. trustees, expenses paid for the year ended 31 March 2023 nor for the year ended Page 16 continved...

WEST WIGktfspoiiTS ANO COMMUNifY CENTrE TRUST LIMITED NOTES TO THE FINANCIALSTATEMENTS- contlnued FOR THE YEAR ENOÉD 31 MARCH 2023 12. STAFF COSTS 2023 2022 Wages and salarie5 Social secur￿1 costs 560,124 27,284 498,828 17.525 587,408 516.353 The average monthly numberof employees duringthe yearwas as follows.. 2023 47 2022 46 Charitsble advlties Remuneration to key management pers¢nnel wa5 £40,897 No employees received emoluments in exces5 of £60.IJXI. MATERIAL TRANSFERS Rest￿tted fund expenditure of a capltal nature, malnly the purchase of equipmen( Is included in fixed a55£t additions at the time of the purchase. An amount equal to the lowÈr of the income reteived in respect of thÈ egu5prnent or the cost of thi5 equipmènt is transferred from the restric￿ fund to the fixed asset fund. provided that this equipment may be u￿d by the charity lor its general 8ppllcation. Depreciation on thi5 equipment will be char8ed against the fixed asset fund. A transfer from the re5tritred fund to thè fixed asset fund will not be made for fixed asset additions that are not capable of being used by the charity for general purposes. Depreciation Sn respect of th15 type of asset will be charged against re5trirted lunds. COMPARATIVES FOR THE STATEMENTOF FINAKIALAcnviTIES Unrestrlcted funds Restrlcted funds Tota funds INCOME AND ENDOWMENTS FROM Donatlon5 and legacies 300.441 35,359 335,8(K) tharitsble actNItI•s Centre Operations 558.884 558,884 Other tfading activlties Investment income 78.811 100 78.811 loo Yotal 938,236 35,359 973,595 EXPENDITURE ON Ilaising funds 4L205 41,205 Page 17 continued...

WE5TWIGHT SPORTS AND COMMVNtTY CENfRE TRUST UMITED NOTES TOTHE FINANCIAI 5TATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2023 14. COMPARATIVES FOR THE ¥fATEMENT OF FINANCIALACTIVITIES- wntlnued Unre5tri¢ted fund5 Restritted funds Totsl funds Charftsble actlvlties Centre Operatlons 761,497 55,781 817,278 24 Other 24 Total 802,726 55,781 858,507 NET INCOMEIIEXPENDITUREI Translers betweèn funds 5.510 551 120.4221 15511 115.088 Net move￿￿nt In fvnds 136,061 120.973 115,088 RECONCILIATION OF FUNDS Total fund5 brought forward 2,142,098 24,706 2,166,804 TOTALFUNDS CARRIEO FORWARD 2.278,159 3,733 2,281,892 TANGIBLE FIXEDASSET5 Improvements to propertv Long leasehold Mant and mathlnery Totals At l April 2022 Additions '5posals 2,481,435 116.950 3,479 601,366 23.408 138,3461 3,199,751 26,887 138,3461 At 31 March 2023 2,481,435 120,429 586,428 3.188,292 DEPRECIATION At l April 2022 Charge for year Eliminated on d￿pos31 1,276,235 43,593 138,3461 825,072 16,399 3,372 1,158 447,791 26,036 138.3461 At 31 March 2023 841,471 4,530 435,481 1,281,482 NETBOOKVALUE At 31 March 2023 1,639,964 115,899 150,947 1,906,810 At 31 March 2022 1,656,363 113,578 153,575 1,923.516 Page 18 continued...

WESTWIGFrr SPORTSAND COMMUNITY CENTRE TRUST UMITED NOTES TO THE FINANCIAL STATEMENTS- cthitlnued FOR THE YEAR ENDED 31 MARCH Z023 16. STOCKS 2023 2022 Stocks 10.550 8,234 17. DEBTORS.. AMOUNTS FALLING DUE WtrHIN ONE YEAR 2023 2022 Trade debtors Other debto Prepayments 19,784 5,624 24,964 9.564 5,775 22,282 50,372 37,621 CREDITORS,. AMOUNTS FALLING DUE WITHIN ONE YEAR 2023 2022 Trade creditors Social security and othei tsxes VAT Other credrtors Deferred Income Accrued expens 15.767 7,514 9,526 IL245 5,820 679 1,269 14,393 7,280 77,756 9,718 120.281 40,686 LEASINGAGREEMENTS Minimum lease payments under nLw-caFKellable operating leaseslall due as follows.. 2023 2022 Withln one year Between one and five years In more than f1ve years 96 95 100 ioi P3Be 19 c¢)ntinued...

WESTWIGHT SPORTS AND COMMUNtN CENTRE TRUST UMITED NOTES TO THE FINANCIAL STATEMENTS- eontlnwd FOR THE YEAR ENDED 31 MARCH 2023 20. ANALYSIS OF NET AS5EYS 8￿£EN FUNDS 2023 Total fund5 2022 Total funds Unrestricted funds Restricted funds Fixed assets Curyent assets Current liabllities 1,906,810 456,230 1120,2811 1,906,810 481,263 1120,2811 1,923,516 399,(￿2 140,6861 25,033 2,242,759 25,033 2,267,792 2,281,892 IL MOVEMENT IN FUNDS Net movement n funds Transfers between funds At 31.3.23 At 1.4.22 Unfestrlcted l￿d5 General fund Fixed assetfund Contingencyfund 204,643 L923,517 150,000 8,192 143,S931 126,8861 26,886 185.949 1,9Cfj,810 150,(K)O 2,278,160 135.4011 2,242.759 Re5trl¢ted fund5 Community Connector Kick OutThe Calorles 971 2,761 21.301 22.272 2,761 3,732 21.301 25,033 TOTAL FUNDS 2,281,892 114,1001 2,267,792 Net movement in funds, incltsded in the above are a5 follows: In¢oming resour￿$ Resour￿5 expended Movement in funds Unre5trictedfunds General fund Flxed asset fund 898,475 1890,2831 143,5931 8,192 143,5931 898,475 1933.8761 135.4011 Restrlcted fvnd5 Community Connector 61.326 140,0251 2L301 TOTAL FUNDS 959,801 1973,9011 114.1001 Page 20 continued...

WESTWIGHT SPORTS AND COMMUNITY CENTRE TRIJST ￿M￿E0 NOTES TO TPIE FINANaAL5TATEMENTS- contlnued FOR THE YEAK ENDED 31 MARCH 2023 2L MOVEME￿ IN FUNDS. tontlnued Compar*lvesfor movement In fund5 Net mowement in funds Transfers between funi9s At 31.3.22 At 1.4.21 Unrestricted funds General fund Fixed èsset fund Contingency fund 93.532 1,909,566 139,000 183,692 148,1811 172,5811 62,132 11,000 204,643 1,923,517 1S0,CKJO 2,142,098 135.511 551 2,278,160 Rèstrl¢ted fvnds Defibrillator Southem HousingGroup Community Connertor Kick OutThe Calories Connett4 Commtsnitiès 151e of Wight Councll DEFRA 234 9,404 4,710 2,761 5,997 12341 19.4041 13.7391 971 2,761 15,6801 11,6001 13171 24,706 120,4231 15511 3,732 TOTAL FUNDS 2.166,804 115,088 2,281,892 Comparative net movement in funds, Included In the above are as follows.. Incomln8 resources Resources expended Movement in fvnds un￿strICted1￿￿dS General fund Fixed asset fund 938,236 1754,5441 148,1811 183.692 14B,1811 938.236 18017251 135,511 Restrlded lunds Southern Housing Group Community Conhettor Connect4 Communities 151e of WS8ht Council OEFRA 19,4041 139,0981 15,6801 11.6(KJl 19,4041 13.7391 15,6801 11,6CKI 35359 35,359 155,7821 120,4231 TOTALFUNDS 973,595 1858,5071 115,088 Page 21 ontlnued.,.

WESTWIGHTSPORTS AND COMMUNttY CENTRE TRUST LIMITED NOTES TO THE FINANCIALSTATEMENTS- contlnued FOIITHE YEAR ENDED 31 ￿RCH 2023 21. MOVEMENT IN FUNDS- contlnued Unrestrlcttd Funds The fixed èsset fvnd represents the net book value of r￿ed assets available the unrestricted purposes of the charity. These as5et5, comprising in large part of the property the contre operates frorn, are essential to the running of the charity but do not represent liquid fund5 the charity can use to cover running costs. The repairs contingency fund repre5Ènts funds set aslde as provlsion against potential repalrs Costs ari5in8 in respect of the centre. The fund Is reviewed annually by the trustees and tske5 in to account the maintenance plan and curTent costs of recent eXpendit￿re. Restrfrtèd Fund5 The Def(brillatorfund wès recieved forthe purchase and Maintenan￿ of a defibrlllator. The Southern Hou5in8 Group fund is for the development of sustaSnable funding for the ￿ntre and support of increassng work and volunteering opportunlties in the local community. The Community Connector fund is for the provislon of an employeè to support community members who are Lstslated, gettln8 them MO￿ Involved in the communlty and helping them to achieve their Idea ol è good Ilfe. The Kick Out the Calorles fund is for the delivery of è football league f¢x adults who want to be more artive, more often. The alm ol the league 15 to help those adults get fitter. lose weight and enjoy playlng football. The Connert 4 Communities fvnds were recleved for the provislon and development of communlty SUPPOrt duringthe year. 151e of Wlght Councfl DEFRA fundin8 was provlded to allDW for the provision and support of th05è In need Sn the community and was used to provide food vouchers to those In need. Transfers between l￿d5 £26,886 wa5 transferred from General Fund to the fixed asset reserve to reflect the cost of equipmènt purchased from the General Fund. 21 REiATED PARTY DISCLOSURE5 There were no related party transad¢ns for theyear ended 31 March 2023. Page 22

WEST WIGHT SPORTS AND COMMUfftCENTRE TRUST UMITED DETAILED STATEMENT OF FINANCIALACTIVITIES FOR THE YEAR ENDED 31 MARCH 2023 2023 Total funds 2022 Total funds Unresthcted funds Restricted funds INCOMEAND ENDOWMENTS Oonatlons and legacle$ Donations GFants Sponsored Èvent5 Freshwater Parish Counal donatlon Totland Parfsh Counal donation Yafmouth Parish Council donatlon Brighstone Parish Counal donatlon ShalflèÈt Parish Council donation 44,898 44.898 61,326 31,498 40,000 iO,(M)O 7,727 1,500 3,(N)O 79,612 160,540 35.073 40,000 10,000 7,575 6L326 31.498 io,c 7,727 1.5(K) 3,000 3,000 138,62a 61.326 199,949 335,800 Other tfadlng ¥tl¥ltlÈs Cafe sale5 Retail sales Leased rentaLs Car parking Income Other activities 27,043 13,596 18,987 10,678 8,507 35,341 10,690 20,124 23,779 4,229 35,341 10,690 20,124 23,779 4,229 94,163 94,163 78,811 vestment Income Investrnent interest 4,642 4,642 100 Charltable actlvltles Membership5 and centre fees Room hire 615,499 45,548 615,499 45.548 502,137 56,747 661,047 661,047 558,884 Total IK0mlngresou￿eS 898,475 61,326 959,801 973,595 EXPEfrIDITURE Ralslng donatknrts and lefacies Fund rn1sin8 expense5 2,107 2,107 othertradlng adlvltks Purchase5 Carried forward 23,357 23,357 23,357 23.357 26,530 26,530 This pa8e does not form part of the statutory flnancial ststeménts Page 23

WESTWIGHT SPORTS AND COMMUNITY CENTRE TRUST UMITED DETAILED STATEMENT OF FINANCIALACTIVITIÉS FOR THE VEAR ENDED 31 MARCH 2023 2023 Tot31 funds 2022 Total funds Unrestricted funds Restrlcted funds other tradlng actlvlllès Brought forward W4es Cafe expenses and equipment 23,357 6,882 23,357 6,882 26,530 10,829 30.519 30,519 37,805 Charltable actlvllles Wages Soual Security other operating leases Rates and water Insurance Llght and heat Telephone Postage and stationery Advert151ng Sundrie5 Chlorine and acld Covid Support Costs Centre activlties Trdinlng clea￿1Th8 and waste disposal Repairs and renewals Irrecoverable VAT Subscriptions Bank char8es and interest Accountancy Legal and pmfes5ional fees Bad debts Depreuation of tangible fixed assets Grants to Institutions 514,681 27,284 38,561 553,242 27,284 487,999 17,525 12,496 32,466 61,705 2,822 3,724 1,911 8,716 10.113 11496 33,323 61,705 2,822 3,724 1,911 9,323 10,113 9,838 22,757 55,467 2,662 2,685 370 3,994 7.773 531 26,833 7.078 7,775 36,491 40,132 12,063 4,603 5,982 9,466 323 48,181 6,749 857 607 28.427 8.621 9,008 61,272 38,041 18,280 5,742 7,178 5,169 28,427 8.621 9,008 61,272 38.041 18,280 5,742 7,178 5,169 43,993 43,593 901,250 40,025 941,275 817,278 Other HMRC interèst payable 24 Total resources expended 933,876 40,025 973,901 858,507 NetI￿Ome 135,4011 21,301 114,IcKJI 115,088 Thi5 page does not form part of the ststutory financial statements Page 24