## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||||31.3.22|31.3.21| |---|---|---|---|---|---|---|---| |||||Designated|||| ||||I/nrestiicted|(L(fecycie)|Restricted|Total|Iotal| ||||funds|funds|fun eh|funds|funds| |||Notes||f.|f||| |INCOME AND ENTsOWMENTS|||||||| |FROM|||||||| |External Conmbutions|||||5,788|5,788|12| |Charitable
nctnities|||||||| |Leisure Activities|||4,628,051|||4 628,051|2,002,977| |Investinent
income|||713|15803||6
16|| ||||4,628,764|15,803|56788|4,650,355|2,030,337| |EXPENDITURE|OIV||||||| |Charitable
activities||5|||||| |Leisure Activities|||4,019,459|536835||4.073,294|2,332.650| |NET DVCOME/(EXPFVDITLRE)|||609305|(38,032)|5,788|577,0(il|(302,313)| |Transfers
hetvveen|funds|||295 000|||| |Other recognised|gains/(losses)||||||| |Actuarial
gains im
schemes|detined bcnetit||688,000|||688,000|146,000| |Vet movemcnt
tn|funds||1,002.305|256,968|5,788|1.2656061|(156,313)| |RECONCII.IATIOV OF FUNDS|||||||| |Total funds brought fornard|||4,831,864|4,7216779|64,429|9,618,072|9,774.385| |TOTAL FUNDS|CARRIED||||||| |FOR%YARD|||5,834,169|4,978,747|70.217|10,8836133|9,618,072| ## |BALAN'CE SHKKT
31 YIareh 2022||||||| |---|---|---|---|---|---|---| ||||||31.3,22|31.3.21| ||||Designated|||| |||Untestricteut|(Lifecycle)|Restt tcted|Total|'I otal| |||(buds|funds|funds|funds|(buds| ||Nntcs||f.|||8| |I DtED ASSETS||||||| |Tangible assets||4,345,592|||4,345,592|4,345592| |CVRREN f ASSETS||||||| |Stocks|12|1,084|||1,084|1,054| |Debtors|13|80,489|||80,489|159,924| |Cash at bank and in hand||2,499,588|4985,874|70217|7,555,679|6479,668| |||2,581,16[|4,985,874|70,217|7,637,252|6,640,646| |CREDITORS||||||| |Atnounts
falling due within one year|14|(1,258,584)|(7,127)||(1,265,711)|(846 166)| |NET CURRENT ASSETS||1.322,577|4,978,747|70,21'7||»94.~| |TOTAL ASSETSI.FS9||||||| |CURRKisT LIABII.ITIEli||5,668,169|4,978,747|70,217|10,717,133|10,140072| |PENSION ASSET/(LIABILITY)|16|166,000|||166000|(522.000)| |NET ASSETS||5,834,169|4,978,747|70,217|10,883,133|9,618,072| |Fl.NDS|15|||||| |Unrestricterl
I'unde|||||10,812,916|9,553,643| |Restricted
I'unde|||||70,217|64,429| |TOTAL FUNDS|||||10,883,133|9,6 i8,072| ## |for the TcarKnded 31 Ma|rch|2022|||||| |---|---|---|---|---|---|---|---| |||||||31.3.22|313.21| ||||||Notm|f|| |Cash flows from operating|activities||||||| |Cash generated
from opersi|ions|||||1,059,495|(399,608)| |Net cash provided
byf(used|in)|operating|adivities|||1,059495|~399.(AIE)| |Cash Rows from investing
activities
Purchase oftangible
Gxed assets
Iolereslreccived||||||16,516|(7,(i00)
27.348| |Nei cash provided
by inv us nag||actin tice||||l6516|19,748| |Change
in cash and cash equivalents
reporting
period|||in the|||1,076,011|(379,860)| |Cash and cash equivalents|at|the beginning||of|||| |the reporting
period||||||6,479,668|6,859,528| |Cash and cash equivalents
reportiag
period|at|the end|ofthe|||7,555,679|6479,668| ## ## |||||||31.3.22|313.21| |---|---|---|---|---|---|---|---| |||||||f|| |(Vct income/(expenditure)
Financial
Activities)||for the reporting||period (as per the|Stateinent of|577,061|(302,313)| |Adjustments
for:
Interest received||||||(16,516)|(27.348)| |increase in stocks||||||(30)|(2281| |Decrease/(increase)|ui debtors|||||79,435|(102,712)| |Increase
iu creditors||||||419,545|32,993| |Nct cash provided|by/(used||in) operations|||1,059495|~399,608 i| |ANALYSIS OF CHAVGES|||LV VET FUVDS||||| ||||||At 1.4.21|Cat)i flow
f|At 31.3.22| |Net cash|||||||| |Cash at bank and in|hend||||6,479,668|1,076.011|7,555,679| ||||||6,479,668|1,076,011|7.555,679| |Total|||||6,479,668|1,076,011|7,555,679| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||INCOME I'ROS|I CH|AR|ITAB|LE ACTI|VITIFS|||| |---|---|---|---|---|---|---|---|---|---| |||||||||31.3 22|31ih21| ||Income fiom Activitie~||||Activity
leisure|Activities||3,964,233|f
992,674| ||General
In crane||||Leisure|Activities||100,413|13,318| ||(iran tv
Rcital income front
tenants||||leisure
Icisure|Activities
Adivities||38,180
455,527|609,203
350,305| ||Smdio, Service diarge||dt misc||Leisure|Activities||69.698|37,527| |||||||||4,628,051|2,002,977| ||(irsnts received,|included||in tlic|shove. me|as follosvs:||31.3.22|31.321| ||Purluugh
grant recciveil|||||||38,180|609,203| |5.|CHARITABLE|ACTIVTTIES|||COSTS||||| |||||||||Support|| ||||||||Direct|costs (scc|| ||||||||Costs|note 6)|Totals| |||||||||f,|f.| ||Leisure Activities||||||1,127571|2,945.723|4,073,294| |6.|SLIPPORT COSTS||||||||| |||||||||Cimemance|| ||||||||Van agement|costs|Totals| |||||||||f.|f.| ||Leisure Activities||||||2,917,685|28,038|2,945,723| |7.|NKT INCOME/(EXPENDITT||||RE)||||| ||Net mcome/(expenditure)|||is ~t~ted alter chatgtngr(crediting):|||||| |||||||||31.3.22|31.3.2 I| |||||||||f|f,| ||Auditors'
rcmune|atiou||||||9,23I|9,209| ## ## ## ## |STAFF CO!iTS||||||||||| |---|---|---|---|---|---|---|---|---|---|---| |||||||||31.3.22||31.321| |||||||||||f.| |Wages and salaries
Social security crete
Other pension costs||||||||1,460,941
76,063
108,303||1,272,455
57,476
99,856| |||||||||1,645,307||1,429,787| |The average monthly|number||ot'employees|during th«year'|was|as folloivs:||||| |||||||||31.3.22||31.3.2 I| |Management
and adm in istr
Maintenance
and grounds
Customer
semice and other||ation
staff||||||i0
2
34||10
2
34| |||||||||46||46| |The number ofemplnyees||lvhose employee||benetits (excluding||employer|pension casts) exceeded L60000||ivam|| |||||||||31.3.22||31.3.21| |f80,001 - f90,000||||||||||| |f90,001 - 6100.000||||||||||| |COMPARATLFES|FOR|THE STATESIENT OF FINANCIAL. ACTIVITIES||||||||| ||||||||Designated|||| ||||||||(I.ifecycie)|Rrntricted||Total| ||||||||1'unlb|funds||funds| ||||||||f.|f||| |INCOME AVD ENDOPFMFNTS FROM||||||||||| |External
Ccntributioos|||||||||12|| |Charitahl»
activities||||||||||| |Leisure Acuvities|||||2,002,977|||||2002.977| |lnvestmcnt
income||||||5.298|22,049|||27.348| |Total|||||2,008275||22,049||13|2,030,337| |EXPENDITL)RE ON||||||||||| |Charitable
activities
I.risure Activities|||||2,276,411||56,239|||2 132./i50| |VET INCOME/(EX|PEND|IT()RE)|||(268,136)||(34,190)||13|(302,313)| |Other recognised
gams/(losses)
Actuarial
gains on delined bene!it schemes||||||146,000||||146,000| |Net movement
in funds|||||(122.136)||(34,190)|||(156,313)| |DECO.1CILIATIOV OF|||FllNDS|||||||| |Total funds brought|forward||||4.954.000||4,755,969|64,416||9,774,385| |||||Pag»|14|||||| ## ## |10.|CO|MPARA1 IVES FOR TILESTA1EMENT OI' Ftft AN CLAL ACTIVITIES - continued|MPARA1 IVES FOR TILESTA1EMENT OI' Ftft AN CLAL ACTIVITIES - continued|MPARA1 IVES FOR TILESTA1EMENT OI' Ftft AN CLAL ACTIVITIES - continued||| |---|---|---|---|---|---|---| |||||Designated||| ||||tinrestricted|(Lifecycle)|Rcstr icted|Total| ||||funds|ftmds|funds|funds| ||||||f.|| ||TOTAL I LNDS CARRIED FORtVARD||4,831,864|4,721,779|64,429|9.618,()72| |11.|TANGIBLE FIXEDASSETS|||||| |||||||I ong| |||||||lcaschold| ||COST|||||| ||At|I April 2021 and 3 I March 2022||||4,345,592| ||stE1 BOOK VALLE|||||| ||Al|31March 2022||||4 345 592| ||At|31 Marclr 2021||||4,345,592| |Initial valuation|Initial valuation|2,500,000| |---|---|---| |Car park||1,045,920| |Trampoline|park|799,672| |I'o(al cost||4,345,392| ## |STOCKS||| |---|---|---| ||31.3 22|31.3.21| ||8|8| |Mis re 8an eon s|I,tt 84|1,054| ## ## |||||||||31.3 22|31«L21| |---|---|---|---|---|---|---|---|---|---| ||||||||||f| |Tmdc debtors||||||||16,421|28441| |Other debtors||||||||62,379|131,555| |VAT||||||||1,689|12!I| |||||||||80,489|159,924| |CRFDITORSi AMOUNTS|||FALLING DIIE WITHIN||ONE YEAR|||31.3.22|3132(| |||||||||f.|| |Trade creditors||||||||754,858|256,231| |Social security
and other taxes
Other creditors||||||||21,224
477,756|14,381
565,073| |Accruais and detbned|incoinc|||||||11,873|10,481| |||||||||I 265 711|846,166| |MOYKSSENT IN FENDS|||||||||| ||||||||Net|Transfers|| ||||||||movement|bctwinti|At| ||||||At|1.4.21|in funds|funds|31.3.22| |||||||||f|| |Uninstricted
funds|||||||||| |General fund|||||5,353,864||609005|(295,000)|5,668.169| |Defined bcnclit pension
Designated (I.ifecycle)
Designated
(Lifecycle)||scheme
Fund
—ivlaintensnce
Fund - Equipment|||(522,000)
3,J26, 171
1,195,608||688,000
(46,319)
8,287|295,000|166,000
3.479.852
1,498,895| ||||||9,553,643||1,259,273||10,812,916| |Restricted
funds|||||||||| |llarluw Town Football||Club||||64,429|5,788||70.217| |Tf)1AL FUNTIS|||||9,618,072||),265,06(||10,883,133| |Net movement
in funds. included||||in the above are m (allows:|||||| ||||||Iil|corti iti g|Resources|(iaals sitd|Movement| ||||||msaitrces
f||expendi«f|losses
f.|in fundsf| |ttnrestricted
funds|||||||||| |General
fund|||||4,628,764||(4,019,459)||609305| |D«fined benefit pension
Designated
(Lifecycle)
Designated
(Lil'ecycle)||schernc
Fund
~ Maintenance
lund
—Equipment||||7.516
8,287|(53 835)|688,000|688,000
(46,319)
8,287| ||||||4,644.567||(4,073y94)|688,000|1,259.273| |Restricted
funds|||||||||| |Hsrlotv Town Football||Club||||5.788|||5,788| |TOTAL F'I;NDS|||||4,650,355||(4,073,294)|688,000|1,265,061| ## ## ## ## |||||||Nct|| |---|---|---|---|---|---|---|---| |||||||rnoventent|At| ||||||At 1.4.20|in funds|31 3.21| |||||||f|| |unrestricted
funds|||||||| |General
fund|||||5,622,000|(268,13G)|5,353,864| |De(iced benctit pension|scheme||||(668,000)|146,000|(522,000)| |Designated
(Lifecyclc)
Designated
(Ltfecy cle)|Fund
Fund|- Maintenance
- F9uipmen(|||3,569,653
1,186,316|(43,482)
9,292|3,52G,I71
1.195,608| ||||||9,709,969|(156.326)|9,553,643| |Restricted
funds|||||||| |Hmlow Town Football|Club||||64.416|13|64,429| |TOTAL 8(IN3)S|||||~9,774 385|~156,313)|9.618.072| |Cotnpara
live net movement||in funds, included|in the|above arc as folloses:|||| |||||Incoming|Resources|Garne and|Movement| |||||resources|expended|losses|m funds| |L'n restricted
funds|||||||| |(reneral
fund||||2,008,275|(2,276,411)||(268.136)| |Defined benelit pension|scheme|||||146,000|146,000| |Designated (I.ifecycle)
Designated
(Litecycle)|Fend -Maintenance
Fund- Equtpmcnt|||12,757
9.292|(56739)||(43,482)
9.292| |||||2,030,324|(p,332,650)|146,000|(156.326)| |Restricted
funds|||||||| |Harlow
Toxvn iootball|Club|||13|||13| |TOTAL FENDS||||7,030.337|(2.332,650)|146,000|(156.313)| |A cun'ent year 12 months snd prior year 12 months||||combined
position is as|follows.||| ||||||Net|Transtbrs|| ||||||m eve ment.|bee,veen|At| |||||At 1.4.20|in funds|funds|3l3.22| ||||||f||f.| |Unrestricted
funds|||||||| |General
fund||||5,622,000|341,169|(295,000)|5,668, IG9| |Detined benelit pension
Designated
(Lifecycle)
Designated
(Lifecycle)|scheme
Fund - Maintenance
I und - Equipment|||(668,000)
3569 653
1,186,316|834,000
(89.801)
17579|295,000|166,000
3,479,852
1,498,895| |||||9,709,969|1,102,947||10,812,916| |Restricted
funds|||||||| |Her lou' Ton n Football|Club|||64416|5,801||70,217| |TOTAL I'LNDS||||9,774,385|1,108,748||10,883,133| ## ## ## ## ## ## ## |Asset. snd
liability
reconciliation;||||2022|2021| |---|---|---|---|---|---| |||||fOlio's|6000's| |Reconciliation
ofdefined
benefi( ohligahon|||||| |Liabilities
at s(at(ofperiod||||6,586|5,422| |Cuncnt service cost||||105|76| |In(crest cos(||||127|(26| |Change
in financial
assumptions||||(240)|1,219| |Change
in demographic
assumptions
Experience loss/(gain)
on defined benefit obligation
Esfirnated
benefits paid ne( oftransfers
in||||9
(175)|(62)
(66)
((46)| |Past service cost, including,
curtailments|||||| |Contributions
by Scheme parhcipants
l,iabiliticl at end ofperiod||and ethos eniploycrs||18
6,430|17
6,586| |||||2022|2021| |||||6000's|6000's| |Reconciliation
offair value scheme|||||| |Opening
fair value nf Fund assets||||6,064|4,754| |Intemsi in assets||||118|1 I I| |Re(um on assccs less interest||||485|1.245| |Other actuarial gains/(losses)|||||| |Admin is tratinn
expen ses||||(3)|(3)| |Contnbu hone by employer
including
Contnhutions
by Scheme participants
Et(busted bene(its pmd plus unfunded|unfunded
and other employers
nel oftransfers
in|||89
18
(175)|86
17
(146)| |Closing Fair value of Fund assets||||6,596|6,064| ## ## |The acm|arisl
valuati|on
cerned out by Barnett th'adding|hatu,
used the fo|llov ing major ass|umptio|ns:| |---|---|---|---|---|---|---| ||||2022|2021||| ||||4/vp.a.|%.p.a.||| |Financial Assumptions||||||| |R PI Incress
m|||3.75%|3 350/||| |CPI Inueasm|||3.30%|2 90%||| |Salary Increases
Pension
Increases|||tk35%
3 350/|390%
2.90%||| |Discount|Rate||2.60%|1.95%||| |||||2022|2021|| |l,ife Assumptions||-l,ife expectancy from age 65||||| |Retiring|today||Males|21.6||21.6| ||||I'emales|23.7||23.6| |Retiring|in 20years|||||| ||||Mdes|23 0||22.9| ||||Females|25.1||25.1| ## ##