| Page | |||
|---|---|---|---|
| Report ofthe Trustees | 1 | to | 4 |
| Statement ofFinancial Activities | |||
| Balance Sheet | |||
| Notes to the Financial Statements | 7 | to | 12 |
| Detailed Statement ofFinancial Activities | 13 | to | 14 |
| 522301 | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Principal address | |||||||||||
| Southwell Leisure Centre |
|||||||||||
| Nottingham Road |
|||||||||||
| SouthweII | |||||||||||
| Nottinghamshire | |||||||||||
| NG25 OLG | |||||||||||
| Trustees | |||||||||||
| Representing Newark |
8, | Sherwood | District | Council | |||||||
| BAshworth | |||||||||||
| P Handley (Resigned |
September 2021) | ||||||||||
| P Rainbow | |||||||||||
| TWendels | |||||||||||
| R Blaney | |||||||||||
| BLaughton (Appointed |
May 2020) | ||||||||||
| D Maidin | |||||||||||
| Representing Southwell |
Town | Council | |||||||||
| P Harris (Appointed | May | 2020) | |||||||||
| SPerry (Resigned May J Lightwood (Appointed |
2021) May 2021) |
||||||||||
| P Scorer (Appointed | May 2021) | ||||||||||
| Treasurer -TP Geraghty |
|||||||||||
| Accountant | |||||||||||
| Tom Geraghty 8 Associates Chartered |
Accountants | and Business Advisors | |||||||||
| 38 North Gate | |||||||||||
| Newark | |||||||||||
| Nottingham's | |||||||||||
| NG24 1EZ | |||||||||||
| Financial, legal and |
treasury | management | advice | ||||||||
| Newark 8 Sherwood | District Council | ||||||||||
| Castle House | |||||||||||
| Great North Road | |||||||||||
| Newark | |||||||||||
| NG24 1BY | |||||||||||
| Management (6months |
to 30 | September | 2021) | ||||||||
| General Manager | —Andrew | Nelson | |||||||||
| Assistant Manager |
-William | Davison | |||||||||
| Operations Managers |
-John Wood | ||||||||||
| —Kimberley | Priestley | ||||||||||
| - Robert | Edlin |
| f | or the Year E | nded 31 March | 2022 | ||||
|---|---|---|---|---|---|---|---|
| 2022 | 2021 | ||||||
| Unrestricted | Restricted | Total | Total | ||||
| funds | fund | funds | funds | ||||
| Notes | F | F | |||||
| INCOME AND ENDOWMENTS | FROM | ||||||
| Donations and legacies |
66,685 | 66,685 | 133,370 | ||||
| Charitable activities |
|||||||
| Leisure centre | 390,572 | 390,572 | 231,924 | ||||
| Other trading activities |
3,100 | 3,100 | 2,746 | ||||
| Investment income |
|||||||
| Other income | 51,006 | 51,006 | 238,586 | ||||
| Total | 511,363 | 511,363 | 606,626 | ||||
| EXPENDITURE ON | |||||||
| Raising funds | 1,664 | 1,664 | (1,165) | ||||
| Charitable activities |
|||||||
| Leisure centre | 564,061 | 162,800 | 726,861 | 1,291,099 | |||
| Total | 565,725 | 162,800 | 728,525 | 1,289,934 | |||
| NET INCOME/(EXPENDITURE) | (54,362) | (162,800) | (217,162) | (683,308) | |||
| RECONCILIATION OF FUNDS |
|||||||
| Total funds brought | forward | 52,362 | 2,934,800 | 2,987,162 | 3,670,470 | ||
| TOTAL FUNDS CARRIED FORWARD | (2,000) | 2,772,000 | 2,770,000 | 2,987,162 |
| 31I | larch 2022 | ||||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| Unrestricted | Restricted | Total | Total | ||
| funds | fund | funds | funds | ||
| Notes | F | F | E | ||
| FIXEDASSETS | |||||
| Tangible assets | 12 | 2,772,000 | 2,772,000 | 2,934,800 | |
| CURRENT ASSETS | |||||
| Stocks | 7,017 | ||||
| Debtors | 14 | 90,837 | |||
| Investments | 15 | 23 748 | |||
| Cash at bank | 220,000 | ||||
| 341,602 | |||||
| CREDITORS | |||||
| Amounts falling due within one year |
16 | (2,000) | 2,772,000 | (2,000) | (289,240) |
| NET CURRENT ASSETS | (2,000) | 2,772,000 | (2,000) | 52,362 | |
| NET ASSETS | (2,000} | 2,772,000 | 2,770,000 | 2,987,162 | |
| FUNDS | 17 | ||||
| Unrestricted funds |
(2,000} | 52,362 | |||
| Restricted funds | 2,772,000 | 2,934,800 | |||
| TOTAL FUNDS | 2,770,000 | 2,987,162 |
| INCOME | FROM CHARITA | BLE ACTIVITIES | ||||
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| Activity | ||||||
| Activo subscriptions Xperience Dryside Swimming lessons Wetside |
Leisure centre Leisure centre Leisure centre Leisure centre Leisure centre |
179,264 126,290 19,065 13,468 44,996 |
112,106 72,723 14,724 5,896 20,147 |
|||
| Outdoor | Leisure centre | 7,489 | 6,328 | |||
| 390,572 | 231,924 | |||||
| RAISING | FUNDS | |||||
| Other trading activities | ||||||
| 2021 | 2021 | |||||
| Purchases | 1,664 | (1,165) | ||||
| CHARITABLE ACTIVITIES | COSTS | |||||
| Support | ||||||
| Direct | costs (see | |||||
| Costs | note 8) | Totals | ||||
| E | ||||||
| Leisure centre | 609,218 | 126,131 | 735,349 | |||
| SUPPORT | COSTS | |||||
| Donated | Governance | |||||
| services | Other | costs | Totals | |||
| F | ||||||
| Leisure centre | 66,685 | 15,816 | 43,630 | 126,131 |
| values ofthese donated service |
s a | re based on estimated open mark |
et values and are summarised | as follows: |
|---|---|---|---|---|
| 2022 | 2021 | |||
| E | ||||
| Active4Today management fee Personnel and training Financial services (accounting, information systems Health 8 safety Building services Telephones |
payroll, creditors) | 80,850 11,690 9,800 18,680 6,850 2,810 1,420 |
||
| Southwell Trustees and Committee |
Section | 1,270 | ||
| 66,685 | 133,370 |
| STAFF COSTS | ||||
|---|---|---|---|---|
| 2022 | 2021 | |||
| F | F | |||
| Wages and salaries | 237,997 | 472,569 | ||
| Social security costs | 11,799 | 20,032 | ||
| Other pension costs | 61,281 | 123,915 | ||
| 311,077 | 616,516 | |||
| The average monthly |
number ofemployees | during the period was as follows: | ||
| 2022 | 2021 | |||
| Employees | 55 | 60 |
| During the year key management personnel TANGIBLE FIXEDASSETS |
were paid a total ofF | 71,572 (2021: | F139,585). | |
|---|---|---|---|---|
| Buildings, | Gym | |||
| installations | equipment | |||
| &fittings | Land | & installation | Totals | |
| F | F | |||
| COST | ||||
| At 1 April 2021 and 31 March 2022 | 4,070,000 | 330,000 | 240,503 | 4,640,503 |
| DEPRECIATION | ||||
| At 1 April 2021 Charge for year |
1,465,200 162,800 |
240,503 | 1,705,703 162,800 |
|
| At 31 March 2022 | 1,628,000 | 240,503 | 1,868,503 | |
| NET BOOK VALUE | ||||
| At 31 March 2022 | 2,442,000 | 330,000 | 2,772,000 | |
| At 31 March 2021 | 2,604,800 | 330,000 | 2,934,800 |
| Notes | Southwell I eisure Centre to ihe Financial Statements -continued fortheYearEnded31March2022 |
|||||
|---|---|---|---|---|---|---|
| 13. | STOCKS | |||||
| 2022 | 2021 | |||||
| E. | ||||||
| Stocks | 7,017 | |||||
| 14. | DEBTORS:AMOUNTS | FALLING DUE WITHIN ONE YEAR | ||||
| 2022 | 2021 | |||||
| E | ||||||
| Other debtors | 90,837 | |||||
| 15. | CURRENT ASSET!NVESTMENTS | |||||
| 2022 | 2021 | |||||
| Short term investments | 23,748 | |||||
| 16. | CREDITORS: AMOUNTS | FALLING | DUE WITHIN ONE YEAR | |||
| 2022 | 2021 | |||||
| Other creditors and Accruals | 2,000 | F 90,837 |
||||
| 2,000 | 90,837 | |||||
| 17. | MOVEMENT IN FUNDS |
|||||
| Net | ||||||
| movement | At | |||||
| At 14.21 | in funds | 31.3.22 | ||||
| Unrestricted funds |
E | |||||
| General fund Strategic reserves |
(167,638) 220,000 |
(54,362) | (222,000) 220,000 |
|||
| Restricted funds | 52,362 | (54,362) | (2,000) | |||
| Restricted funds | 2,934,800 | (162,800) | 2,772,000 | |||
| TOTAL FUNDS | 2,987,162 | (217,162) | 2,770,000 |
| Net movement in funds, included in the abov |
e are as follows: | ||
|---|---|---|---|
| Incoming | Resources | Movement | |
| resources | expended | in funds | |
| F | F | ||
| Unrestricted funds |
|||
| General fund | 511,363 | (565,725) | (54,362) |
| Restricted funds | |||
| Restricted funds | (162,800) | (162,800) | |
| TOTAL FUNDS | 511,363 | (728,525) | (217,162) |
| 2022 | 2021 | ||
|---|---|---|---|
| INCOME AND ENDOWMENTS | |||
| Donations and legacies | |||
| Donated services and facilities | 66,685 | 133,370 | |
| Other trading activities | |||
| Vending machine sales Equipment sales |
1,436 1,664 |
1,974 772 |
|
| 3,100 | 2,746 | ||
| Investment income |
|||
| Investment income |
|||
| Charitable activities |
|||
| Activo subscriptions Xperience Dryside Swimming lessons Wetside Outdoor |
179,264 126,290 19,065 13,468 44,996 7,489 |
112,106 72,723 14,724 5,896 20,147 6,328 |
|
| 390,572 | 231,924 | ||
| Other income | |||
| Other income | 13,267 | 2,394 | |
| Government grants |
37,739 | 236,192 | |
| 51,006 | 238,586 | ||
| Total incoming resources |
511,363 | 606,626 | |
| EXPENDITURE | |||
| Other trading activities | |||
| Purchases | 1,664 | (1,165) | |
| Charitable activities |
|||
| Gross salaries 8 wages Employers national insurance Employers pension contribution Training, freelance instructors Metered water charges Electdcity Gas Repairs 8 maintenance Postage and stationery Advertising Sundries Contracted services Cleaning materials Telephone Insurance Licences Chemicals 8 consumables Equipment costs Bank and credit card charges Carried forward |
&agency staff | 237,997 11,799 61,281 18,873 5,614 25,097 16,934 16,497 1,325 1,528 554 13,450 1,820 (1,436) 28,614 503 2,783 2,793 392 446,418 |
472,569 20,032 123,915 16,765 14,836 41,648 32,588 84,622 2,794 6,100 340 22,181 4,274 13,473 25,280 3,411 3,434 10,729 327 899,318 |
| for the Year Ended 3 | 1 March 2022 | ||
|---|---|---|---|
| 2022 | 2021 | ||
| Charitable activities |
F | F | |
| Brought forward | 446,418 | 899,318 | |
| Clothing & uniform |
688 | ||
| Depreciation oftangible |
fixed assets | 162,800 | 162,800 |
| Loss on sale oftangible | fixed assets | ||
| 609,218 | 1,062,806 | ||
| Supportcosts | |||
| Donated services | |||
| Donated services | 66,685 | 133,370 | |
| Other | |||
| Irrecoverable VAT |
15,816 | 60,996 | |
| Governance costs | |||
| Auditors' remuneration |
5,100 | 4,850 | |
| Professional services |
36,530 | 27,077 | |
| Accountancy Active 4 Today |
2,000 (8,488) |
2,000 | |
| 35,142 | 33,927 | ||
| Total resources expended | 728,525 | 1,289,934 | |
| Net expenditure | (217,162) | (683,308) |