## **Clayton Swimming Bath and Recreation Centre** ## **Trustee’s Report** The trustees present the annual report together with the financial statements and independent examiner’s report of the charity for the year ended 31 March 2021. ## **Objectives and activities** ## _**Objectives and aims**_ The objectives of the trust are the provision of a swimming pool and other recreational facilities for the benefit of the inhabitants of the Parish of Clayton and its neighbourhood with the objective of improving the conditions of life for the said inhabitants. The aims of the trust are also to ensure that the provision of the facilities continues for the local residents, whilst maintaining and improving the assets endowed. ## **Achievements and performance** Income derived from investment is being earned and available for future expenditure on facilities as the trustees consider necessary. ## **Financial review** During the year the unrestricted income fund increased in value by £41,980 mainly due to income derived from investments. The endowment fund decreased in value by £109,519 due to an increase in investment values. The unrestricted funds held are considered to be at a reasonable level required for future administrative and management purposes. The risks involved in the operation of the premises for the charitable purpose have been addressed by: - A lease to Kirklees Council who are responsible for ensuring full operation and repair of the facility, and - A sub-lease from the Council to Kirklees Active Leisure (agreed by the trustees) who operate and manage the facility. ## **Plans for future periods** ## _**Aims and key objectives for future periods**_ To continue to ensure the successful operation of the facility for the benefit of the Clayton community. ## **Structure, governance and management** ## _**Nature of governing document**_ The charitable trust is governed by a document dated 22 July 1966 as varied by an amendment dated 25 June 1998. The document created an endowment comprising of swimming baths and adjacent land located in Scissett, Huddersfield, for the purpose of providing a swimming pool and recreational facilities for the benefit of the inhabitants of the Parish of Clayton and its neighbourhood. The baths were originally funded by members of the local community working in the coal industry and the facilities originally had the title “Miners Welfare Baths” in recognition of this. The Council of the Borough of Kirklees is the sole corporate trustee. Decisions on behalf of the trust are made by the members of the Council’s Cabinet in office at the time. Charlty reglstratlon number: 523548 Clayton Swlmmlng Bath and Recreatlon Centre Annual Report and Flnanclal Statements forthe Year Ended 31 March 2021 Clayton Swlmmln8 Bath and Recreatlon Centre Statement of Flnandal Artlvltles *or th¢ Year Ended 31 March 2021 Unre5trlrted Endowment funds funds Total 2021 Total 2020 Note Income and Endowments from: Investment Income Other income 42,075 42,075 47.265 2,507 Total Income 42.075 42,075 49.772 ExpÈndlture on- Other expenditure -95 -95 -7.750 Total Expenditure -95 -95 -7.750 Net Income Gross transfers be￿een fund5 41,980 41,980 42,022 ILossl/Gain on Revaluation of Investments 109,519 109,519 -84,272 Net movement in funds 41,980 109,519 151,499 42.250 Recondllatlon of funds Total funds brought forwaid 92.717 1.167.930 1.260,647 1.302,897 Total funds carried forward 11 134,697 1,277,449 1,412,146 1,260,647 Clayton Swimmlng Bath and Recreatlon Centre Balance Sheet as at 31 March 2021 2021 2020 Note Investments 1,258,255 1,148,736 Current assets Debtor5 Investments Cash at bank and in hand 9,579 23,314 121,093 153,986, 15,247 23,314 73,445 112,006 Credltors: Amounts fallln8 due wlthln one year io -95 -95 Net assets li 1,412,146 1,260,647 Funds of the Charltv: Endowment funds -1,277,449 -1,167,930 UnrestrScted Income funds Unrestricted income funds .134,697 -92,717 Total funds li -1,412.146 -1,260,647 Signed...... JHAGIQ Cla on Swimmin Bath & Recreation Centre Notes to the Financial Statements l AccountSn4 polkles Stattment of tompllance The accounts have been prepared in accord3nce with the Charthes SORP IFRS 1021, 'Accounting and Reporttn8 by Charities.- Statement of Recommended Practice applicable io charlties pieparin8 their accounts in accordance wlth the Fin3ncial Reporting Standard applicable in the UK and Republic of Ireland" Basis of preparatlon These accounts have been prepared on the basis ol historlc cost and on an accruals basis. Exemptlon from preparln8 a cash flow statement The Charity does not fall under the scope of FRSI and have therefore not included a cash flow statement in these financial statements. Goln8 concern The trustee considers that there are no materlal uncertaintles about the Charity's ability to contSnue as a going concern. Income and tndowments All income is reco8nised once the charrty has entltlement to the income, It is vlrtually certaln that the incorne will be received and the amount of the income recelvable can be measured reliably. Investment Income Amounts recelvable from the rtallsatlon of èndowmènt assèts are retalned wlthln tndowmènt funds. Intornt dèrivtd Irorn endowment a55et51s treated as unrestrlcted income. Expendllyre All expenditure 5s r￿0&n[Sed once there is a le8al or ionstructive obligation to that expenditure. it 55 probable settlement Is requlred and the amount can be measured reliably. Endowment •5sets The or*ly remainln8 asset of the iru5t is the 5wirnming bath and recreation centre bulldln8. The building Ss leased to ￿rklee5 Council which ha5 responslbllity for the upkeep of the bulldlng. The terms of the lease are such that the bulldln8 has a nil value in the account5. Fund strurture Unrestritted funds are general funds that are ovallable ltsr use at the trustee's discretion Sn furtherance of the Obl￿tIVeS of the charity. The orf8Snal endowment comprised of land and bullding5. Any subsequent receipts ari51ng from disposal of endowment asseis are creijlted io Endowment Funds, and are io be used only lor further expenditure on Endowrnent Assets. 2 Inve$¢ment kncome Unie5trlcled fund5 Other Total 1020 Interest receivable and slmSlar Income.. Interest receivable 42,075 47,265 3 other Incame Unrestrfcted funds Other Total 2020 7 Day Noti￿ Account interest Reftsnd Legal Expenses IA92 615 2,S07 4 Other eyendlture Llrbrwtrkted lunds Other Totsl Z020 Independent EKamlner's fee Repairs 95 7,6SS 7.750 95 5 Taxatlon The Ch*rlty Is a rewstered eharlty ènd is therefore emempt from taXa￿On. 6 Ih¥estments Market value It beglnnln8 of year add:.addltion5 to Investments at cost less,'.carrying value of investmeryts redeemed dd '.gakn on revaluat￿n dd... transfer from Short-term Invèstrnents Mark•t v•lu• at •nd ol ye•r 1,148,736 109,519 I Z58,155 Market value at year-end Investments held In Investment scheme5 1,258,255 7 Debtors ilnrestrlrted lynds Other Toial 2020 Investment Income Legal Fees chargÈd In erTor 9,579 ii,o(KJ 4,247 15,247 9.5Y9 8 Short-iemi In¥esimeD¢ Unre5trkted funds Other Total 2020 Amounts placed on 7 day notice External Investsment 23,314 23.314 23.314 23.314 9 Cash ush equfvaleThts Unrestrkted fvrbds O¢h•r Totsl 2020 Cash at bank and In hand., Cash at bonk 121.093 73.445 a•yton Swlmmlni Oath •hd R•ry¢¥¢knn C•m¢r* N•t¢s to lh* HR•nd•l St•i•mirk¢S lorlh¢ Y¢•r End•d 31 M•rth 2021 lo Ci*d￿•￿'. lmounts follhi due vAthlh one par Unrestikted nds othqr Tot•1 2020 Accruals 11 Funds 95 95 B*lante It l Aprll 2020 Ihcomln8 iÈsourt¢s Resources expended lar+ce at 31 Marth 1021 Transfers Umrutrlcted lunds Unrestrlrted other funds 92.717 42.075 .95 134.697 Endowment fvnds Permènent endowmentfunds 1.167,930 109,519 1.277.449 Tot•1 lund5 1,260,647 42.075 109,424 1,41L146 12 Anatysls of Thet assets between funds Unrts¢rl¢ted funds Gemtral Funds EndowmeTht funds Permanent Funds Total Funds Current assets 134,792 -95 19.194 153.986 -95 134.697 19,194 153,891 CHARITY COMMISSION FOR ENGIAND AND WALES Independent examinerfs report on the accounts Scction A Indopcndent Examincrfs Report Report to the trusteesl members of On accounts for the year Charity no (rf any) Set out on pa9eS I report to the tnjstees cm my examination of the accounts of the above dwrity fft Trusn for the year ended 31103/2ei(. As the charitys trustees, you arE responsible for the preparation of the acC>)￿ts in accordan￿ Nmth the requirements of the Chartties Act 2011 Arf). Responsibilities and basis of report I report in respect of my eyaminalion of the Tft￿s accounts Ca￿led out under sectron 145 of the 2011 Act and in caryng out my examination, I have ft)Ik)wed all the appEicable Directions given by the Charity Commission under section 14515)(b) of the A Independent trhe charivs gross Ir￿ome exceeded £250,000 and l am qualified to examinefs statement undertake the examination by being a qualiffed member of [Insert name of applicable listed bodyll. Dekte l ] rfnot applicable. I have completed my examination. I conllrm that no matenal matters have come to my attention in connection wtth the examination SG10s￿m￿Ith gives me cause to believe that in. any material accounting records *Ere n(rt kq)t in accordarKe wlth sectÈon 130 of the Charittes Act" or the accourrts did not accord vrith the accounting records." or accounts did not comply wtth the applicable requirements conceMir￿ the form and content of accourrts set out in the Charities (Accounts and Reports) Regulations 2OJ8 other than any requirement that the accounts give a 'true and fairf view which is rtot a matter considered a5 part of an indeFerth examinatFOn. I have M Conc￿ and have come a￿S no other matter5 in connection wtth the examination to vktich attention should be drawn in this report in order to enatle a proper understanding ￿ the accounts to be reached. ' Please dekte the wonts in the brackets iftheyd) not apply. sig￿1. Date: Name: kJ( Relevant professional qualification(s) or body IER Oct 2018 (rf any)". Addre5S: ILts n1L F(E Section B Disclosure Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of dHrity accounts.. directions and guidance for examiners). Give here brief details of any items that the examiner wishes to disclose. IER Oct 2018