2023-03-31-accounts

		Pages
Report ofthe Trustees		1-11
Auditors' report		12-14
Statement offinancial	activities	15-16
Balance sheet		17
Cash flow statement		18
Notes to the financial	statements	19-31

				Unrestricted	Restricted	Total Funds
				funds	funds	2023
			Note			6
INCOME FROM
Charitable activities:
Recreational activities				716,845	5,111	721,956
Investment income				10,827		10,827
Total income				727,672	5,111	732,783
EXPENDITURE ON
Expenditure on charitable		activities:
Recreational activities				793,687	30062	823 749
Total expenditure				793,687	30,062	823,749
Net (expenditure)/income		for year	6	~66.015	~24,951	~90.966
Unrealised and realised fixed asset investments	net gains on		11	~11221,		11,721
Net movement in funds				(77,736)	(24,951)	(102,687)
TOTAL FUNDS BROUGHT FORWARD			16	701 657	66,132	767,789
TOTAL FUNDS CARRIED		FORWARD	16	623,921	41,181	665,102

				Unrestricted	Restricted	Total Funds
				funds	funds	2022
			Note	E	6	E
INCOME FROM
Charitable activities:
Recreational activities				499,141	26,465	525,606
Investment income				887		887
Total income				500,028	26,465	526,493
EXPENDITURE ON
Expenditure on charitable		activities:
Recreational activities				581 982	31,969	619942
Total expenditure				581,982	37,960	619,942
Net (expenditure)/income		for year	6	~81,984	~11,496	~93449
Unrealised and realised	net gains on
fixed asset investments				26,000		26000
Net movement in funds				(55,954)	(11,495)	(67,449)
TOTAL FUNDS BROUGHT FORWARD			16	757,611	77,627	835,238
TOTAL FUNDS CARRIED FORWARD			16	701,657	66,132	767,789

			2023	2022
		Notes	E
FIXEDASSETS
Tangible assets		10	230,023	194,645
Investments		11	448,868	449,775
			678,891	644,420
CURRENT ASSETS
Stocks			5,253	8,061
Debtors amounts falling	due within one year	12	27,846	27,570
Cash at bank			75,680	175,744
			108,779	211,375
LIABILITIES
CREDITORS: Amounts	falling due within one year	13	(122,568)	(88,006)
NET CURRENT ASSETS			(13,789)	123,369
TOTAL ASSETSLESS	CURRENT LIABILITIES	15	665,102	767,789
THE FUNDS OF THE CHARITY
Unrestricted income funds		16	623,921	701,657
Restricted income funds		16	41,181	66,132
TOTAL CHARITY FUNDS		16	665,102	767,789

					Notes	2023	2022
						E
Cash from operating activities
Cash generated from operations					19	14,442	(40,543)
Net cash provided in operating		activities				14,442	(40,543)
Cash flows from investing	activities
Purchase oftangible fixed assets						(114,519)	(178,323)
Interest received						13	887
Net cash used in investing	activities					(114,506)	(177,436)
(Decrease)/increase in cash and		cash equivalents		in
the reporting year						(100,064)	(217,979)
Cash and cash equivalents	at the beginning		ofyear			175,744	393,723
Cash and cash equivalents	at the end ofyear					75,680	175,744
Relating to:
Cash at bank and in hand						75,680	175,744
						75,680	175,744

CHARITABLE ACTIVITIES
			2023	2022
			6	2
Recreational activity:
Fitness			6,207	2,567
Children's Activities			28,375	1,224
Grants and donations			10,018	69,776
Catering			98,553	57,120
Wellbeing			83,256	62,447
Resales &sundry income			11,413	10,037
Bowling			484,134	322,435
Total income from charitable		activities	721,956	525,606
Grants received, included	in the	above, are as follows:
			2023 E	2022f
Restricted Funds
Donations received towards I Can Centre equipment			3,611	1,465
Simply Health (I Can Therapy centre)
TVBC related grants			1,500	25,000
Unrestricted Funds
HMRC Job Retention Scheme				13,061
TVBC related grants				24,000
Gift in kind —premises costs				6,250
Other Donations			4,907
			10,018	69,776
Explanation ofgrants are on note 16.
INVESTMENT INCOME
			2023	2022
			E
Bank interest receivable			13	887
Dividends from listed investments			10,814
			10,827	887

CHARITABL	E ACTIVITIES
		Direct staff	Supportcosts		2023
		costs	(see note	5)	Totals
		f		f	6
Recreational	activities	399,108	424,841		823,749
		Direct staff	Support costs		2022
		costs	(see note	5)	Totals
					E
				8
Recreational	activities	336,669	283,273		619,942

Establishment	Establishment
and	and
administration	administration
2023f	2022
424,641	283,273

upport co	sts comp	rise establish	ment and administration e	xpenses which can be analysed as f	ollows:
				2023	2022
				Recreational	Recreat&onal
				Activities	Activities
				E	E
Premises	and dilapidations			119,201	101,309
Marketing	and sales promotion			21,427	12,756
Equipment				96,135	58,162
Administration				96,345	76,021
Food and	drink			37,668	23,197
Finance costs and		irrecoverable	VAT	34,892	4,430
I Can &Riverside		Bowl refurbishment		214	2,065
Governance costs		(see page 24)		18,759	5,333
				424,641	283,273

Governance costs include those incurred in the governance ssociated with constitutional and statutory requirements.	Governance costs include those incurred in the governance ssociated with constitutional and statutory requirements.	of the charity and its assets and	are primaril
Governance costs consist ofthe following:		2023	2022
		E	E
Legal and professional	fees	13,759	908
Auditors' remuneration		5,000	4,425
		18,759	5,333
ET (EXPENDITURE) / INCOME FOR YEAR
his is stated after charging:
		2023	2022
		E	E
Depreciation —owned	assets	79,141	46,541
Staff pension contributions		10,853	8,885
Operating leases		6,464	5,567
Auditors' remuneration		5,000	4,425

as follows:
2023	2022
E	E
125,371	122,859

10	TANGIBLE FIXEDASSETS
		Plant and
		Machinery
	Cost
	At 1 April 2022	512,256
	Additions	114,519
	Disposals
	At 31 March 2023	626,775
	Depreciation
	At 1 April 2022	317,611
	Charge for the year	79,141
	Disposals
	At 31 March 2023	396,752
	Net book value
	At 31 March 2023	230,023
	At 31 March 2022	194,645

				Subsidiary		Listed
				undertakings		investments	Total
					E	8	E
Market Value		of
Investments		as at 1 April 2022				449,774	449,775
Additions						451,838	451,838
Disposals						(451,838)	(451,838)
Dividends						10,814	10,814
Unrealised	gains /(losses)					(11,721)	(11,721)
Total fixed asset investment March 2023			as at 31			448,867	448,868

	2023	2022
Valley Health and Leisure Limited	E	K
Aggregate capital and reserves
Profit for the Year

Listed investments
Analysis of investment	by type:	2023	2022
		E	E
Equities		448,867	449,744
Listed investments		448,867	449,744

				2023	2022
				8	K
CF Ruffer Absolute		Return	Fund		449,744
Ruffer Charity	Assets Trust		Fund	448,867
BTORS AMOUNTS		FALLING DUE WITHIN ONE YEAR
				2023	2022
					E
Trade debtors				1,606	1,030
Prepayments	and accrued		income	26,240	26,540
				27,846	27,570

EDITORS: AMOUNTS FALLING DUE WITHIN ONE	YEAR
	2023	2022
	E	E
Trade creditors	23,764	22,726
VAT	8,162	414
PAYE and social security	6,033	6,049
Other creditors	1,176	728
Accruals	83,433	58,089
	122,568	88,006

NALY	SIS OF NET ASSETSBET	WEEN FUNDS - 2023
		Unrestricted	Restricted	2023
		funds	funds	Total
		E	E	E
Fixed assets		211,099	18,924	230,023
Investments		448,868		448,868
Current	assets	86,522	22,257	108,779
Current	liabilities	(122,568)		(122,568)
		623,921	41,181	665,102

ALYSI	S OF NET ASSETS BETW	EEN FUNDS - 2022
		Unrestricted	Restncted	2022
		fundsf	funds E	Total K
Fixed assets		161,920	32,725	194,645
Investments		449,775		449,775
Current	assets	177,968	33,407	211,375
Current	liabilities	(88,006)		(88,006)
		701,657	68,132	787,789

			At 1 April	Net movement	Transfers	At 31 March
			2022	in funds	betweenfunds	2023
Unrestricted funds			6	E		E
General fund			426,657	(77,736)	20,000	368,921
Designated reserve			275,000		(20,000)	255,000
Total unrestricted	funds		701,657	(77,736)		623,921
Restricted funds
I-Can therapy equipment		fund	42,382	(22,840)		19,542
Community Asset	fund		23,750	(5,000)		18,750
Stannah Stair Lifts	I-Can	fund		2,889		2,889
Total restricted funds			66,132	(24,951)		41,181
TOTAL FUNDS			767,789	(102,687)		655,102

					Incoming	Resources	Gains and	Movement
					resources	Expended	(losses)	in funds
Unrestricted	funds					K	f	6
General fund					716,858	(793,687)	(907)	(77,736)
Total unrestricted		funds			716,858	(793,687)	(907)	(77,736)
Restricted funds
I-Can therapy	equipment			fund		(22,840)		(22,840)
Community Asset		fund				(5,000)		(5,000)
Stannah Stair	Lifts	I-Can		fund	3,611	(722)		2,889
Andover Community			fun	run	1,500	(1,500)
Total restricted	funds				5,111	(30,062)		(24,951)
Total					721,969	(823,749)	(907)	(102,687)