TEMPUS LEISURE LIMITED

Charity number: 1134524
Removed charity

Charity overview

Activities - how the charity spends its money

** IN LIQUIDATION** PROVISION OF HIGH QUALITY LEISURE FACILITIES AND SERVICES TO THE GENERAL PUBLIC WHICH ARE ACCESSIBLE TO EVERYONE ACROSS CORNWALL. THE CHARITY DELIVERS RECREATIONAL, SPORTING, ARTS AND LEISURE PROGRAMMES, EVENTS AND A RANGE OF PHYSICAL ACTIVITIES THAT ENCOURAGE HEALTHIER LIFESTYLES AND USE THE NATURAL ENVIRONMENT.

Income and expenditure

Data for financial year ending 31 March 2016

Total income:
£11,095,542

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Donations and legacies £0
Charitable activities £10.02m
Other trading activities £1.07m
Investments £6.26k
Other £0

Total expenditure:
£11,837,504

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Raising funds £0
Charitable activities £11.35m
Other £23.00k

£0 investments gains (losses)

Total income includes £725,000 from government contract(s)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

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Raising funds and other expenditure £488.64k
Charitable expenditure £11.35m

Fundraising

This charity does not raise funds from the public

Trading

This charity has one or more trading subsidiaries.

Trustee payments

No trustees receive any remuneration, payments or benefits from the charity.

What, who, how, where

What the charity does:
  • Arts/culture/heritage/science
  • Amateur Sport
  • Recreation
Who the charity helps:
  • The General Public/mankind
How the charity helps:
  • Provides Buildings/facilities/open Space
  • Provides Services
Where the charity operates:
  • Cornwall

Governance

Registration history:
  • 25 February 2010: Standard registration
  • 08 March 2020: Removed (Ceased to exist)
Organisation type:
Charitable company
Other names:
  • CLL (Working name)
  • CARRICK LEISURE LIMITED (Previous name)
Gift aid:
Not recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Complaints handling
  • Conflicting interests
  • Paying staff
  • Risk management
  • Safeguarding vulnerable beneficiaries
  • Volunteer management
Land and property:
This charity owns and/or leases land or property

Financial history

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Financial period end date

Income / Expenditure 31/03/2012 31/03/2013 31/03/2014 31/03/2015 31/03/2016
Total gross income £5.32m £11.22m £11.02m £10.95m £11.10m
Total expenditure £5.83m £10.76m £10.87m £11.44m £11.84m
Income from government contracts N/A N/A N/A £855.00k £725.00k
Income from government grants N/A N/A N/A £0 £0
Income - Donations and legacies £0 £0 £0 £0 £0
Income - Other trading activities £537.87k £1.20m £1.14m £1.15m £1.07m
Income - Charitable activities £4.77m £9.91m £9.86m £9.79m £10.02m
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £1.02k £2.38k £18.09k £14.25k £6.26k
Income - Other £8.00k £117.42k £0 £0 £0
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £4.64m £10.00m £10.30m £10.84m £11.35m
Expenditure - Raising funds N/A N/A N/A N/A £465.64k
Expenditure - Governance £49.05k £68.99k £57.50k £84.79k £36.24k
Expenditure - Grants institution £0 £0 £0 £0 £0
Expenditure - Investment management £0 £0 £0 £0 £0
Expenditure - Other £890.00k £151.42k £0 £7.00k £23.00k

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 31/03/2012 31/03/2013 31/03/2014 31/03/2015 31/03/2016
Own use assets £70.87k £161.54k £186.79k £240.18k £233.57k
Long-term investments £0 £0 £0 £0 £0
Other assets £1.78m £2.28m £2.69m £2.10m £1.77m
Defined benefit pension scheme asset or liability -£1.36m -£2.10m -£3.46m -£6.44m -£4.72m
Total liabilities £1.31m £1.44m £1.48m £1.28m £1.13m

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 March 2019 Not submitted
Accounts and TAR 31 March 2019 Not submitted
Annual return 31 March 2018 Not submitted
Accounts and TAR 31 March 2018 Not submitted
Annual return 31 March 2017 Not submitted
Accounts and TAR 31 March 2017 Not submitted
Annual return 31 March 2016 15 November 2016 On time
Accounts and TAR 31 March 2016 15 November 2016 On time

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

MEMORANDUM AND ARTICLES INCORPORATED 31/03/2009 AS AMENDED BY CERTIFICATE OF INCORPORATION ON CHANGE OF NAME DATED 08/04/2013

Charitable objects

1 TO PROVIDE OR ASSIST IN THE FACILITIES AND SERVICES FOR RECREATIONAL, SPORTING OR OTHER LEISURE TIME ACTIVITY IN ORDER TO IMPROVE THE CONDITIONS OF LIFE FOR THE PERSONS FOR WHOM THE FACILITIES ARE PRIMARILY INTENDED, SUCH FACILITIES BEING PROVIDED FOR THE PUBLIC AT LARGE OR FOR PERSONS WHO HAVE SPECIAL NEED OF THE FACILITIES BY REASON OF THEIR YOUTH, AGE, INFIRMITY OR DISABILITY, POVERTY OR SOCIAL AND ECONOMIC CIRCUMSTANCES; AND/OR 2 TO PROMOTE AND PRESERVE GOOD HEALTH THROUGH COMMUNITY PARTICIPATION IN HEALTHY RECREATION; AND/OR 3 TO ADVANCE THE EDUCATION OF THE PUBLIC IN THE ARTS AND IN PARTICULAR IN THE ART OF MUSIC, DRAMA AND DANCE; AND/OR 4 TO PROVIDE PARKS AND OPEN SPACES FOR THE BENEFIT OF THE PUBLIC AND TO CONSERVE GARDENS AND PARKS OF HISTORICAL OR HORTICULTURAL INTEREST AND TO EDUCATE THE PUBLIC IN HORTICULTURE AND THE HISTORY OF GARDENING; AND/OR 5 SUCH OTHER CHARITABLE PURPOSES BENEFICIAL TO THE COMMUNITY CONSISTENT WITH THE OBJECTS SET OUT IN SUB CLAUSES 1-3 INCLUSIVE AS THE DIRECTORS SHALL IN THEIR ABSOLUTE DISCRETION DETERMINE

Area of benefit

The area the charity can operate in, as set out in its governing document.

UNDEFINED. IN PRACTICE, LOCAL.