2022-12-31-accounts - The Basingstoke And District Sports Trust Limited

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			Page
Report ofthe Trustees		1	to	4
Independent Examiner's	Report
Statement of Financial	Activities
Balance Sheet		7	to	8
Notes to the Financial Statements		9	to	23

							Period
							1,4;22
							to	Year Ended
							31.12.22	31.3.22
					Unrestncted	Restricted	Total	Total
					fund	funds	funds	funds
				Notes
INCOME AND ENDOWMENTS			FROM
Donations and legacies								454,078
Charitable actlvi6es
Provision ofhealth	and fitness services							2,246,1:55
Other trading activities					135,102		135,102	1,977
Total					135,102		'I35,102	2,702,210
EXPENDITURE ON
Charitable activities
Provision oftiealth.	and fitness services				281,803	44,024	325,827	3,502,822
Other					3,260		3,260
Total					285063	44,024	329087	3,502,822
Net gains on investments								579,000
NET INCGMEI(EXPENDITURE)					(149,961)	(44,024)	(193,985)	(221,612)
Other recognised	gains/(losses)
Actuarial gains on	defined	benefit schemes			1,070,000		1,070,000
Net inovement ln	funds				920,039	(44,024)	876,015	(221,612)
RECONCILIATION	OF FUNDS
Total funds brought	forward				(1,746,433)	471,875	(1,274,558)	(1,052,946)
TOTAL FUNDS CARRIED		FORWARD			~826,394)	427,851	~398,543)	~1,274,558)

				31,12.22	31.3,22
		Unrestricted	Restricted	Total	Total
		fund	funds	funds	funds
	Notes			f.	f
FIXEDASSETS
Tangible assets	13	1,182,561	427,851	1,610,412	1,804,3S?
CURRENT ASSETS
Stocks	14	1,322		1,322	7,652
Debtors	15	4,982		4;982	88,614
Cash at bank and in hand		33,313		33,313	142,027
		39,617		39,617	238,293
CREDITORS
Arrlunts falling due within one year	16	(2,048,572)		(2,048,572)	(2,24?,248)
NET CURRENT ASSETS/(LIABILITIES)		~2,.008,955)		~2,008 955)	~2,008,955
TOTAL ASSETSLESSCURRENT LIABILITIES		(826,3S4)	42?,851	(398,543)	(204,558)
PENSION LIABILITY	19				{1,070,000):
NET ASSETS(LIABILITIES)		~825,394	427,851	~398,543)	~1,274,558
FUNDS
Unrestricted furids				(826,3S4)	(1,746,433)
Restricted funds				427,851	471.,875
TOTAL FUNDS				~39&,543)	~1,274,558).

		Period ended	Year ended
		31.12.2022	31,03.2022
		K	R
West Berkshire	Council - Covid Support Grants		38,077
Coronavirus Job retention scheme			113,090
Kickstart income			18,454
Community. Leisure recovery fund			107,200
National Leisure	recovery fund		139,257
Local Authority	restart grant		18,000
CGC SMI project Income			20,000
			454,078

OTHER TRADING ACT	IVITIES
			Period'
			1.4.22
			to	Year Ended
			31,12.22	31.3.22
Sunbed income				1,97?
Utility recharges			129,365
Other recharges			5,737
			135102	1,977
INCOME FROM CHARITABLE ACTIVITIES
			Period
			1.4.22
			to	Year Ended
			31,12.22	31,322
	Activity			E
Income	Provision ofhealth, and fitness services			2,245,155
CHARITABLE ACTIVITIES COSTS
			Support
		Direct	costs (see
		Costs	note 8)	Totals
Provision ofhealth and fitness services		324,710	1,117	325527

SUPPORT COSTS
			Governance
	Management	Finance	costs	Totals
	E			E
Other resources expended			3,260	3,260
Provision of health and Iness servces	1,551	~434)		1,117
	1,551	~434}	3,260	4,3?7

		Period
		1.4.22
		to	Year Ended
		31,12.22	31,3.22
Auditors'	remuneration		30,183
Deprectation - owned assets		193,985	256,,198
Hire ofplant and machinery			6;446

STAFFCOSTS
	Period
	1.4.22
	to	Year Ended
	31.12.22	31,3.22
		E
Wages and salaries		1,814,184
Other pension costs		32,000
		1 846,184

The	average
		Period
		14.22
		to	Year Ended
		31,12;22	31.3.22
Full	time staff		19
Part	time staff		133
			152

	FORTHE PERIOD1 APRIL 2022T031 DECEMBER 202	FORTHE PERIOD1 APRIL 2022T031 DECEMBER 202	FORTHE PERIOD1 APRIL 2022T031 DECEMBER 202	2
12.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
			Unrestricted	Restricted	Total
			fund	funds	funds
				E	E
	INCOME AND ENDOWMENTS	FROM
	Donations and legacies.		454,078		454,078
	Charitable activities
	Provision ofhealth and itness services		2,246,155		2,246,155
	Other trading activities		1,977		1,977
	Total		2702,210		2,702,210
	EXPENDITURE QN
	Charitable activities
	Provision of health and Itness services		3,422,781	80,041	3,502,822
	Net gains on investments		579,000		579;000
	NET INCOME/(EXPENDITURE)		(,141,571)	(80,041)	(221,612}
	RECONCIL'IATION OF FUNDS
	Total funds brought forward		(1,604,862}	551,916	(1,052,946)
	TOTAL FUNDS CARRIED FORWARD		~1,7484433	471,875	~1,274,558)

TANGIBLE FIXEDASSETS
			Improvements
	Short	Long	io	Plant arid
	leasehold	leasehold	property	machinery
		E
COST
At 1.April 2022 and 31 December 2022	68,757	628,503	5,507,096	1,208,670:
DEPRECIATION
At 1 April 2022	24,946	339,390	4,655,403	9?1,727
Charge foryear	2,787	9,428	?9,906	34,258
At 31 December 2022	27,733	348,818	4,735,309	1,005,985
NET BOOKVALUE
At 3-1 December 2022	41,024	279,685	771,787	202,685
At31March 2022	43,811	289,113	851,693	236,943
	Fixtures
	and	Sports	Computer
	fittings	equipment	equipment	Totals
		F	F
COST
At1 April 2022 and 31 December 2022	643,690	806,014	88,17?	8,950,907
DEPRECIATION
At 1 April 2022	570,479	496,458	88,107	7,146,510
Charge for year	14,253	53,283	70	193985
At 31 December 2022	584,732	549,741	88,177	7,340,495
NET BOOK VALUE
At 31 December 2022	58,958	256,273	-	1,610,412
At 31 March 2022	73,21'I	309,556	70	1,804,397

			NOTES	TO THE FINANCIAL STATEMENTS - continued	TO THE FINANCIAL STATEMENTS - continued
		FOR THE		PERIOD1 APRIL 2022 TO 31 DECEMBER 2022
14.	STOCKS
					31.1222	31,3,22
	Stocks				1 322	7,652
15.	DEBTORS:AMOUNTS		FALLING DUE WITHIN ONE YEAR
					31.12.22	31.3,22
						E
	Trade debtors				3,739	7,804
	Other debtors				1,243
	Prepayments					80,810
					4,982	~88 614
16.	CREDITORS,' AMOUNTS FALLING DUE ylfITHIN ONE YEAR
					31.12.22	31.3'.22
	Trade creditors				1	5,259
	Social security and other taxes					4,747
	Other creditors				1,980,078	1,939,997
	Accruals and deferred	income			68,4S3	297,245
					2,048;572	2,247,248
	Included within accruals		and deferred income is deferred Income as follows;
					Period ended	Year ended
					31.12.2022	31.03,2022
						K
	Deferred income at 1	April 2022			55,985	153,376
	Resources deferred during the year Amounts released from previous periods				55,985 ~58,985}~153,375
	Deferred income at 31 December			2022 (prior year 31 March 2022)		55,985

		Period ended	Year ended
		31'.12,2022 f	31.03,2022 f
Not later than 1 year		212,611	212,611
Later than	1 year and not later than 5years	692,153	743,611
Later than	5years	1 044,000	1,152000
		1,948,764	2,108~

		Period ended	Year ended
		31,12.2022	31.03.2022
			f
Operating	lease rentals	24,458	312,706
Recharged	to GLL	(24,458)

MOYEMENT IN	F	UNDS
					Net
					movement	At
				At 1,4,22	in funds	31,12.22
				F	E
Unrestrfcted funds
General fund				(1,746,433)	920,039	(826,394)
Restricted funds
Pool redevelopment				300,953	(31,749)	269,204
Men's changing	room refurbishment			27,500	(4,075)	23,425
Lift refurbishment				45,050	(1,067)	43,983
Ladies' changing Air conditioning in		roam refurbishment Shape ladies' gym		86,966 11,406	(5,307) ~1,826)	81,659 9580
				471,875	~44,024	427 851
TOTAL FUNDS				~1;274,558	876,015	~398,543)
Net movement in	funds, included		in the above are as follows:
			incoming	Resources	Gains and	Mavement
			resources	expended	losses	in funds
			E	f.	E
Unrestrfcted funds
General fund			135,102	(285,063)	1,070,000	920,039
Restricted funds
Pool redevelopment				(31,749)		(31,749)
Men's changing room refurbishment				(4,075)		(4,075)
Lift refurbishment				(1,067}		(1,067)
Ladies' changing room refurbishment Air conditioning in Shape ladies' gym				(5,30/) ~),826		(5,307) ~1,826)
				~44,024		~44,024
TOTAL FUNDS

					Net
					movement	At
				At 1,4.21	in funds	31.3.22
				E	E	E
Unrestrfcted funds
General fund				(1.,604,862)	(141,571)	(1,746,433)
Restricted funds
Pool tefeveiopment				361,144	(60,191)	300,953
Men's changing	room refurbishment			30,000	(2,500)	27,500
Lift refurbishment				55,250	(10,200)	45,050
Ladies' changing Air conditioning	room refurbishment in Shape ladies' gym			92,290 13232	(5,324) ~1,826	86,966 11,406
				551,916	~80,04)	47'1,875
TOTAL FUNDS				~1,052,946	~221,612)	~1,274,568)
Comparative net	movement	in funds, included	in the above. are	as follows;
			Incoming	Resources	Gains and	Movement
			resources	expended	losses	in funds
				E	E	f
Unrestricted funds
General fund			2,702,210	(3,422,781)	5?9,000	(141,571)
Restricted funds
Pool redevelopment				(60,191)		(60,191)
Men's changing	room refurbishment			(2,500)'		(2,500}
Lift refurbishment				(10,200)		(10,200}
Ladies' changing room refurbishment Air condNoning in Shape ladies' gym				(5,324} ~1,826)		(5,324) ~1826)
				~80,041		~80,041)
TOTAL FUNDS			2702210	, ~3,,502,822)	579,000	~221,612)

	Period ended	Year ended
	31.12.2022%	31.03.2022%
Mortality rate (in years)
-for a male aged 65 now		22.9
-at 65fora male aged 45 now		24,7
-fora female aged 65 now		25,4
-at 65forafemale aged 45 now		27'1

			Period ended	Yeai ended
			31,1'2.2022%	31.03.2022%
Current service cost				(1,36,000)
Interest income Interest cost			-	78,000 ~110,000)
Total amount recognised	in the statement of Financial	Activities

		Period ended		Year ended
		31,12.2022	/0	31.03,2028/o
Opening	defined benefit obligation			5,291,000
Current	service cost			1'36,000
Interest	cost			110,QQQ
Contributions by scheme participants				20,000
Actuarial Benefits	(gains)/losses paid		(327?000) —~151,000)
Closing	defined benefit obligation			5,0?9;000

	Period ended		Year ended
	31.12.2022	%	31.03.2022/0
Opening fair value ofscheme assets			3,748,00Q
Expected return on assets			?8,00Q
Actuarial gains			252,00Q
Contnbutions by employer			62,000
Contributions by Scheme participants Benefits paid		20,000 - ~151000)
Closing fair value ofscheme assets			4,009,000