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|||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|
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|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|||
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##
|||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|
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|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|
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|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)|