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||||Unrestricted|Restricted||Total|
|---|---|---|---|---|---|---|
||||funds|funds||funds|
||||2022|2022||2021|
|||Note||E|||
|Income from:|||||||
|Donations
and legacies|||454,078||454,078|765,366|
|Charitable
activities|||2,245,155||2,245,155|952,662|
|Other trading
activities|||1,977||1,977|465|
|Investments||||||150|
|Total income|||2,702,210||2,702,210|1,718,643|
|Expenditure
on:|||||||
|Charitable
activities||9|3,422,781|80,041|3,502,822|3,171,395|
|Total expenditure|||3+22,?81|80,041|3,502,822|3,171,395|
|Net movement
in|funds before other||||||
|recognised
gainal(losses)|||(720,571)|(80,041}|(860,512)|(1,452,752)|
|Other recognised|gains/(losses):||||||
|Actuarial gainsl{kesm} on defined|||||||
|benefit pension schemes||27||||(93,000)|
|Net movement
in|funda||(141,571}|(80,041)|{221,812)|(1,545,752)|
|Reconciliation of|funds:||||||
|Total funds brought|foivvard||(1,804„882)|551,918|(1,052,848)|492,806|
|Net movement
in funds|||(141,5?1)|(80,041)|(221,812}|(1,545,752)|
|Total fungus carried forward|||{1,748,433}|471,875|(1gT4,558)|(1,052,946)|
##
|||||BALANCE SHEET|BALANCE SHEET||||
|---|---|---|---|---|---|---|---|---|
|||||AS AT 31 MARCH 2022|||||
|||||||2022||2021|
|||||||E|||
|Tangible assets||||15||||2,000,486|
|investments||||14||||3|
|||||||1,804,387||2,000,489|
|Current assets|||||||||
|Stocks||||16|7,852||8,211||
|Debtors||||17|88,614||38,008||
|Cash at bank and|in hand||||142,027||357,596||
||||||238~||403,815||
|Creditors: amounts|falling due within one||||||||
|year||||18|(2+A7,248)||(613,881)||
|Net current liabilities||||||(2,008,855)||(210,066)|
|Total assets less|current liabilities|||||(204,558)||1,790,423|
|Creditors: amounts|falling due after more||||||||
|than one year||||2Q||||(1,300,369)|
|Net liabilities iasseS excluding|||pension||||||
|liability||||||(204,558)||490,054|
|Defined benefit pension scheme|||liability|27||(1,070,000)||(1,543,000)|
|Total net liabilities||||||(1,274,558)||(1,052,946)|
|Charity funda|||||||||
|Re~ed funds||||21||471,875||551,916|
|Unrestricted
funds|||||||||
|Unnsstricted
funds|excluding|pension asset||21|(878,433)||(61,862)||
|Pension reserve||||21|{1,070,000)||(1,543,000)||
|Total unrestricted|funds|||21||(1,748,433)||(1,604,862)|
|Total funda||||||{1,274,558)||(1,052,946)|
##
##
|||||||2021|
|---|---|---|---|---|---|---|
|Cash flows from operating||activities|||||
|Net cash used
in operating|activities||||1,088,881|(905,554)|
|Cash flows from investing||activities|||||
|interest received||||||150|
|Interest paid|||||(4,08S)|(24,9?5)|
|Net cash used in investing||activities|||(4,08S)|(24,825)|
|Cash flows from financing||activities|||||
|Cash infiows from new borrowing||||||1,470,000|
|Capitat element ofloan|||||(1,300,25?)|(719,780)|
|Net cash (used in)lprovlded||by financing||activities|(1,300,257)|750,220|
|Change
in cash and cash|equivalents||in|the year|(215,455)|(180,1$S)|
|Cash and cash equivalents|at the beginning|||ofthe year|357,483|537,652|
|Cash «nd cash equivalents||atthe end of||the year|142,028|357,483|
|The notes on pages 18to45||form part ofthese financial statements|||||
#
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#
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##
##
##
|||||Unrestricte|Total|
|---|---|---|---|---|---|
|||||d funds|funds|
|||||2022|2022|
||||||f.|
|Basingstoke|and District Borough Council - Covid Support Grants|||||
|West Berkshire Council||- Covid Support Grants||38,077|38,077|
|Coronavirus|Job Retention||Scheme (Furlough)|113,090|113,090|
|Coronavirus|Business|Interruption
Loan interest||||
|Kickstart Income||||18,454|18,454|
|Community|Leisure Recover Fund|||107,200|107,200|
|National
Leisure Recovery|||Fund|139,257|139,287|
|Local Authority
Restart||Grant||18,000|18,000|
|CGC SMI project income||||20,000|20,000|
|||||454,078|484,078|
|||||Unrestricted|Total|
|||||funds|funds|
|||||2021|2021|
|Basingstoke|and District Borough Council - Covid Support Grants|||24,085|24,085|
|West Berkshire Council||- Covid Support Gran'||3,000|3,000|
|Coronavirus|Job Retention||Scheme {Furlough)|728,941|728,941|
##
##
||Coronavirus|Business Interruption|Business Interruption|Loan Interest||9,340|
|---|---|---|---|---|---|---|
||||||765,366|765,366|
|8.|Income from charitable activities||||||
||||||Unrestricte|Total|
||||||d funds|funda|
||||||2022|2022|
|||||||E|
||Provision of|health and fitness services|||2,246,155|2+48,155|
||||||Unrestncted|Total|
||||||funds|funds|
||||||2021|2021|
||Provision ofhealth and fitness services||||952,662|952,662|
|7.|Income from other trading||activities||||
||||||Unrestricts|Total|
||||||d funds|funds|
||||||2022|2022|
||||||f.|f.|
||Sunbeds income||||1,977|1,977|
||||||Vnrestricted|Total|
||||||funds|funds|
||||||2021|2021|
||Sunbedsi~||||||
##
##
##
##
##
##
##
##
|||Provision of||
|---|---|---|---|
|||health and||
|||as|Total|
||||funds|
|||2022|2022|
|||E||
|Pension expense (actuarial adjustment)||32,000|32,000|
|Wages and salaries||1,618,811|1,818,811|
|Depreciation||256,198|258,198|
|Staff costs||6,448|5,448|
|Premises
and equipment|costs|1,129,420|1,129,420|
|Catering and vending ccets||10,431|10,431|
|Publicity and marketing||115,959|115,959|
|Loan interest||4,089|4,089|
|input VAT||(5,871)|(5,8713|
|||3,167,485|3,157,485|
##
##
##
|Analysis ofdirect cost|s (continued)|||
|---|---|---|---|
|||Provision ot||
|||health and||
|||tftness|Total|
||||funds|
|||2021|2021|
|Pensione~ (actuarial adjustment)||31,000|31,000|
|Wages and salaries||1,505,648|1,505,648|
|Depfoclabon||272,615|272,615|
|Staff costs||22,611|22,611|
|Premises and equipment|costs|892,369|892,369|
|Cafe and vending costs||9,577|9,577|
|Publicity and marketing||100,107|100,107|
|Loan interest||34,3'l4
fftn|34,314|
|Input VAT||(635)|(635)|
|Bad debts||258|258|
|||2,867,864|2,867,864|
||Provision of||
|---|---|---|
||health and||
||as|Total|
||services|funds|
||2022|2022|
|~and salaries|195,373|195,373|
|Admin~n|44,554|44,554|
|Legal and professionaf|48,172|48,172|
|Bank charges|17,055|17,055|
|Governance costs|30,183|30,183|
||335,337|335,337|
##
##
##
##
##
|||||||Provision of||
|---|---|---|---|---|---|---|---|
|||||||health and||
|||||||fitness|Total|
|||||||salvlc&s|funds|
|||||||2021|2021|
||||||||E|
||Wages and salaries|||||230,003|230,003|
||Administration|||||25,289|25,289|
||Legal and professional|||||21,904|21,904|
||Bank charges|||||3,677|3,677|
||Governance|costs||||22,658|22,658|
|||||||303,531|303,531|
|11.|Auditors'
remuneration|||||||
||||||||2021|
||Fees payable|to the charity's|auditor|for the audit ofthe charity's|annual|||
||accounts|||||18,087|18,757|
||Fees payable|to the charity's|auditor|in respect of:||||
||All non-audit|services not included above||||10,002|3,900|
##
##
||2022|2021|
|---|---|---|
|Wages and salaries|1,812,878|1,599,414|
|Social security costs|82,384|87,737|
|Pension contributions|78,841|79,500|
||1,782,183|1,76S,S51|
|Full|time staff|||18|24|
|---|---|---|---|---|---|
|Part|time staff|||133|142|
|||||'I52||
|The|average headcount|expressed as fuil-time equivalents|was:|||
|||||2022|2021|
|||||No.|No.|
|Full|time equivalent|||83|60|
##
##
##
##
##
##
||Shares in|
|---|---|
||group|
||undertaldng|
|At 1 April 2021|3|
|Disposais|(3}|
|At 31 March 2022||
##
||Long||I easehold|||
|---|---|---|---|---|---|
||leasehokl|Short|improvemen|Fixtures and|Sports|
||buildings|leasehold|ts|fittings|equipment|
||||F|||
|Cost or valuation||||||
|At 1 April 2021|828,503|68,757|6,715,765|643,690|745,905|
|Additions|||||60,109|
|At 31 March 2022|628,503|68,757|6,715,765|643,890|806,014|
|Depreciation||||||
|At 1 April 2021|328,820|21,230|5,467,941|549,218|437,201|
|Charge for the year|12,570|3,716|159,188|21~1|59+57|
|At 31 March 2022||24,946|5,627,129|570,479|496,4%|
|Net book value||||||
|At 31 March 2022|289,113|43+11|1,088,636|73,211|309,556|
|At 31March 2021|301,682|47,527|1,247,824|94,4?2|308,705|
|Computer||
|---|---|
|equipment|Total|
|88,177|S,890,797|
||60,109|
|88,177|8,950,906|
|S7,901|6,890,311|
|206|256,198|
|88,107|7,146,609|
|70|1,804,397|
|276|2,000,486|
##
##
##
||||2022|2021|
|---|---|---|---|---|
||Finished goods and goods for resale||?,652|8,211|
|1?.|Debtors||||
|||||2021|
||Due within one year||||
||Trade debtors||7,804|578|
||Prepayments|and accrued income|80,810|37,430|
||||88,614|38,008|
##
||||2021|
|---|---|---|---|
|Bank overdrafts|||113|
|Bank loans|||169,631|
|Trade creditors||5,259|106,4S1|
|Other taxation and social security||4,747|873|
|Other creditors||1,939,997||
|Accruals and deferred|income|297,245|336,803|
|||2,24?/48|613,881|
##
|||2022f|2021|
|---|---|---|---|
|Deferred|income at 1 April 2021|153,3?6|105,853|
|Resources deferred
during the year||55,985|153,376|
|Amounts|released
from previous
periods|(153,376)|(105,853)|
|Deferred|income at 31 March 2022|55,985|153,37S|
##
##
##
||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|Creditors: Amounts||faNng due atter|||more||than one year||||
|||||||||||2021|
|Bank loans||||||||||1,300,369|
|Included
within|the above are amounts||||falling||due as follows:||||
||||||||||2022|202f|
|||||||||||E|
|Between one and two|||years||||||||
|Bank loans||||||||||218,659|
|Between two and five|||years||||||||
|Bank loans||||||||||667,3f3|
|Over five years|||||||||||
|Bank loans||||||||||414,397|
|The aggregate|amount||of liabilities|payable||or repayable||wholly or in part|more than fwe|years alter the|
|reporting
date is:|||||||||||
||||||||||2022|2021|
|Payable or repayable||by instalments||||||||414,397|
##
##
##
##
||||||||Balance at|
|---|---|---|---|---|---|---|---|
||||Balance at 1|||Gains/|31 March|
||||April 2021|Income|Expenditure|(Losses)|2022|
|||||E||E|E|
|Unrestricted|funds|||||||
|General|||{82,477)|2,702,210|{3,316,761)||(877,048)|
|Revaluation|||615||||615|
|Pension reserve|||{1,543,000)|-|(106,000)|579,000|(1,0?0,000)|
||||{1,804,S82)|2,702,210|{3,422,761)|579,000|(1,748,433)|
|Pool redevelopment|||381,144||(60,191)||300,953|
|Men's changing||room||||||
|refurbishment|||30,000||{2,500)|||
|Lift refurbishment|||55+50||(10,200)|||
|Ladies' changing||room||||||
|refurbishment|||||(5,324)||88,988|
|Air conditioning||in Shape||||||
|ladies' gym|||13,232||(1+28)||11,408|
||||551,918||(60,041)||471,S75|
|Total offunds|||('I,052,948)|2,?02@10|{3,502,622)|579,000|(1,274,558)|
#
##
##
##
##
##
|||||||Balance at|
|---|---|---|---|---|---|---|
|||Balance et|||Gain+'|31March|
|||1Apnt 2020|Income|Expenditure|(Losses)|2021|
|General||1,236,231|1,718,643|(3,017,351)||(62,477)|
|Revaluation||615||||615|
|Pension reserve||(1,376,000)|-|(74,000)|(93,000)|{'1,543,000)|
|||(139,154)|1,718,643|(3,091,351)|(93,000)|(1,604,862)|
|Pool redevelopment||421,335||(60,191)||361,144|
|Men's changing|room||||||
|refurbishment||32,500||(2,500)||30,000|
|Lift refurbishment||65,450||(10,200)||55,250|
|Ladies' changing|room||||||
|refurbishment||97,614||(5,324)||92,290|
|Air conditioning|in Shape||||||
|ladies' gym||15,061||(1,829)||13,232|
|||||(80,044)||551,916|
|Total offunds||492,806|1,718,643|(3,171,395)|(93,000)|(1,052,946)|
##
##
##
|Summary
offunds - cu|rrent year|||||
|---|---|---|---|---|---|
||||||Balance at|
||Balance at 1|||Gains/|31 March|
||April 2021f|Income|Expenditure|(Losses}
f|2022
f.|
|General funds|(1,604,862)|2,702,210|(3,422,781)|579„000|{1,746,433)|
|Restricted funds|551,916||(80,041)||471,875|
||(1,052,946)|2,?02,210|(3,502,822}|579,000|(1+74,558)|
##
||||||Balance af|
|---|---|---|---|---|---|
||Balance at|||Gains'|31March|
|1|Apnl 2020|lncorne|Expenditure|(Losses)|2021|
||(139,154)|1,718,643|(3,091,351)|(93,000)|(1,604,862)|
||631,960||(80,044)||551,916|
||492,806|1,718,643|(3,171,395)|(93,000)|(1,052,946)|
|Analysis|ofnet assets between funds - current|year|||
|---|---|---|---|---|
|||Unrestrlcte|Restricted|Total|
|||d funds|funds|funds|
|||2022|2022|2022|
|||E|||
|Tangible|fixed assets|1,332,522|471,875|1,804,397|
|Current assets||238,2S3||238,293|
|Creditors|due within one year|(2,247,248}||{2,247,248)|
|Provisions|for liabilities and charges|(1,070,000)||(1,070,000)|
|Total||(1,746,433)|471,875|{1,274,558)|
##
##
##
##
|||||||Unrestricted|Reatncted|Total|
|---|---|---|---|---|---|---|---|---|
|||||||funda|funds|funda|
|||||||2021|2021|2021|
||Tangible fixed assets|||||2,000,486||2,000,486|
||Fixed asset investments|||||3||3|
||Current assets|||||403,815||403,815|
||Creditors due within|one year||||(613,881)||(613,881)|
||Creditors due in more than one year|||||(1,300,369)||f1,300,369)|
||Provisions for liabilities and charges|||||(1,543,000)||(1,543,000)|
||Total|||||{'1,052,946)||(1,052,946)|
|24.|Reconciliation
ofnet movement|||in funds|to net cash flow from operating||activities||
||||||||2022|2021|
||Net expenditure
for the year (as per Statement ofFinancial|||||Acivities)|(800,812)|(1,452,752)|
||Adjustments
for.||||||||
||Depreciation
charges||||||258,200|272,615|
||interest receivable|||||||(150)|
||Decrease in stocks||||||559|1,330|
||DecreaseI(increase)|in debtors|||||{50,807)|76,751|
||Increase/(decrease)|in creditors|||||1,834,780|97,667|
||Pension|||||||74,000|
||Interest Payable|||||||24,975|
||Net cash provided
by/(used||in)|operating|activities||1,044,419|(905,564)|
##
##
##
##
##
##
##
##
##
##
|Principal actuarial|assumption|s
at the Balance Sheet d|ate (expressed as weighted averages|):|
|---|---|---|---|---|
||||At 31 March|At 31March|
||||2022|2021|
|Discount rate|||2.7|2,1|
|Future salary increases|||4.0|3.7|
|Future pension increases|||3.0|2.7|
|CPI inflation|||3.0|2.7|
|Pension accounts|revaluation|rate|3.0|2.7|
||At 31 March|At 31March|
|---|---|---|
||2022|2021|
||Years|Years|
|Mortality rates (in years)|||
|-for a male aged 65 now|22.9|23.1|
|-at 65fora male aged 45 now|24.7|24.8|
|-fora female aged 65 now|25.4|25.5|
|-at65fora female aged 45 now|27.1|27.3|
|||At 31March|At 31March|
|---|---|---|---|
|||2022|2021|
|||E||
|Discount rate +0.1%
Discount rate C,1'k||(91,000)
91,000|(95,000)
95,000|
|Mortality assumption|- 1 year increase|173,000|185,000|
|Mortality assumption
CPI rate +0.1%
CPI rate C.1'k|- 1 year decrease|(173,000)
81,000
(81,000)|(190,000)
85,000
(85,000)|
##
|||At 31 March|At31March|
|---|---|---|---|
|||2022|2021|
|||f.||
|Equities||2,281,120|2,136,360|
|Government|bonds|6&9,550|648,400|
|Property||276,620|228,630|
|Corporate bonds||||
|Cash||36,080|52,470|
|Multi Asset|Credit|360,810||
|Other||364,820|682,140|
|Total fair value ofassets||4,009,000|3,748,000|
|The amounts
recognised|in the Statement ofFinancial Activities are as follows:|||
|---|---|---|---|
|Current service cost||(136,000)|(109,000)|
|Interest income||78,000|70,000|
|Interest cost||(110,000)|(1Q1,000)|
|Total amount recognised|in the Statement ofFinancial Activities|(168,000)|(140,000)|
|Opening|delined|benefit|obligation|5,291,000|4,448,000|
|---|---|---|---|---|---|
|Current|service|cost||136,000|109,000|
|Interest|cost|||110,000|101,000|
|Contributions
by||scheme|participants|20,000|22,000|
|Actuarial|(gains}/losses|||(327,000)|728,000|
|Benefits|paid|||(151,000)|(117,000)|
|Closing|defined|benefit|obligation|5,079,000|5,291,000|
##
##
##
##
|Movemen|ts
|in the fair value ofthe charity's share ofschem|e assets were as follows:||
|---|---|---|---|---|
|||||2021|
|Opening|fair|value ofscheme assets|3,748,000|3,072,000|
|Expected|return on assets||78,000|70,000|
|Actuarial|gains||252,000|635,OOO|
|Contributions||by employer|62,000|66,000|
|Contributions||by scheme participants|20,000|22,000|
|Benefits|paid||(151,000)|(117,000)|
|Closing|fair|value ofscheme assets|4,00$,000|3,748,000|
|Not later than
1 year|Not later than
1 year|212,611|298,201|
|---|---|---|---|
|Later than|1 year and not later than 5years|743,511|820,210|
|Later than|5years|1,152,000|1,296,000|
|||2,108,222|2,414,411|
|Operating|lease rentals||312,706|309,101|
|---|---|---|---|---|
|Changes|in hase payrrents|arising from COVID-19 related rent|||
|concessions||||87,000|
##
##
##
##