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|---|---|---|---|---|
|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|
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||||||||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)|
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|||||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).|
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|||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|
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|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|
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|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|
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|||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|
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|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|monthly|number ofemployees|during the period was as follows:|||
|---|---|---|---|---|---|---|
||||||Period||
||||||14.22||
||||||to|Year Ended|
||||||31,12;22|31.3.22|
|Full|time staff|||||19|
|Part|time staff|||||133|
|||||||152|
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||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)|
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|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|
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|||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)||
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|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|||||||
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||||||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)|
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||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|
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||||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|
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