| Page | |||
|---|---|---|---|
| Report ofthe Trustees | 1 | to | 9 |
| Statement ofTrustees' Responsibilities | |||
| Independent Examiner's Report |
|||
| Statement ofFinancial Activities | 12 | ||
| Balance Sheet | 13 | to | 14 |
| Notes to the Financial Statements | 15 | to | 28 |
| for the | Year Ende | d 30Septembe | r 2020 | ||||
|---|---|---|---|---|---|---|---|
| 30.9.20 | 30.9.19 | ||||||
| Unrestricted | Restricted | Total | Total | ||||
| funds | funds | funds | funds | ||||
| Notes | |||||||
| INCOME | AND ENDOWMENTS FROM | ||||||
| Donations | and legacies | 2 | 27,893 | 4,000 | 31,893 | 53,246 | |
| Charitable | activities | ||||||
| Mainstream | cycling | 2,252 | |||||
| Wheels for | All | 90,207 | 223,161 | 313,368 | 335,040 | ||
| Pedal away | 56,362 | 6,833 | 63,195 | 104,002 | |||
| Investment | income | 157 | 157 | 312 | |||
| Other income | 70443 | 70443 | |||||
| Total | 245,062 | 233,994 | 479,056 | 494,852 | |||
| EXPENDITURE ON | |||||||
| Raising funds | 13,843 | 13,843 | 12,169 | ||||
| Charitable | activities | ||||||
| Mainstream | cycling | 5,214 | 5,214 | 8,369 | |||
| Wheels for | All | 140,136 | 165,140 | 305,276 | 316,510 | ||
| Pedal away | 70,284 | 18,338 | 88,622 | 92,920 | |||
| Total | 229,477 | 183,478 | 412,955 | 429,968 | |||
| NET INCOME | 15,585 | 50,516 | 66,101 | 64,884 | |||
| Transfers | between funds | 16 | 16424 | ~16,424 | |||
| Net movement in funds |
32,009 | 34,092 | 66,101 | 64,884 | |||
| RECONCILIATION | OF FUNDS | ||||||
| Total funds brought forward | 218,730 | 171,355 | 390,085 | 325,201 | |||
| TOTAL FUNDS CARRIED FORWARD | 250,739 | 205,447 | 456,186 | 390085 |
| 30.9.20 | 30.9.19 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| funds | funds | funds | funds | |||
| Notes | ||||||
| FIXEDASSETS | ||||||
| Tangible assets | 10 | 162,251 | 11,462 | 173,713 | 182,516 | |
| CURRENT ASSETS | ||||||
| Stocks | 11 | 26,833 | 26,833 | 18,086 | ||
| Debtors | 12 | 21,295 | 19,368 | 40,663 | 109,627 | |
| Cash at bank and | in hand | 102,375 | 177,381 | 279756 | 168084 | |
| 150,503 | 196,749 | 347,252 | 295,797 | |||
| CREDITORS | ||||||
| Amounts falling |
due within one year | 13 | (62,015) | (2,764) | (64,779) | (88,228) |
| NET CURRENT ASSETS | 88,488 | 193,985 | 282 473 | 207,569 | ||
| TOTAL ASSETSLESSCURRENT | ||||||
| LIABILITIES | 250,739 | 205,447 | 456,186 | 390,085 | ||
| NET ASSETS | 250,739 | 205,447 | 456 186 | 390085 | ||
| FUNDS | 16 | |||||
| Unrestricted funds |
250,739 | 218,730 | ||||
| Restricted funds | 205,447 | 171,355 | ||||
| TOTAL FUNDS | 456 186 | 390,085 |
| 2. | DONATIONS AND LEGACIES |
DONATIONS AND LEGACIES |
DONATIONS AND LEGACIES |
DONATIONS AND LEGACIES |
|||
|---|---|---|---|---|---|---|---|
| 30.9.20 | 30.9.19 | ||||||
| Donations | ~31 893 | 53,246 | |||||
| 3. | INVESTMENT INCOME | ||||||
| 30.9.20 | 30.9.19 | ||||||
| Deposit account interest | 157 | 312 | |||||
| 4. | INCOME FROM CHARITABLE AC~IES | ||||||
| 30.9.20 | 30.9.19 | ||||||
| Wheels | Pedal | Total | Total | ||||
| for All | away | activities | activities | ||||
| Grants | 230,315 | 6,833 | 237,148 | 179,844 | |||
| Fees and training events |
83033 | 56,362 | 139,415 | 261,450 | |||
| 313,368 | 63,195 | 376,563 | 441 294 | ||||
| Grants received, included | in | the above, are as follows: | |||||
| 30.9.20 | 30.9.19 | ||||||
| Surrey AHDC | 18,300 | 23,700 | |||||
| StJohns Foundation re Bath |
21,810 | ||||||
| South Lakeland District Council | 300 | 10,000 | |||||
| Steve Morgan Foundation | 25,140 | 24,437 | |||||
| Sport England - volunteer | coordinator | 29,197 | |||||
| Copeland District Council |
33,650 | ||||||
| CCF- Warrington PA Dementia |
9,390 | ||||||
| Hyndbum Windfall Fund |
7,807 | ||||||
| Salford City Council | 2,500 | 8,000 | |||||
| Hamilton Davies Trust |
1,000 | ||||||
| Cycling UK | 1,750 | 998 | |||||
| Other | 750 | ||||||
| Acre - Lace Up | 9,105 | ||||||
| Liverpool City Council | 9,837 | ||||||
| Lottery Fund | 66,826 | ||||||
| Sport England - sector partner | fund | 40,400 | |||||
| West Midlands Combimned |
Authority | 9,960 | |||||
| European Social Funding |
9,996 | ||||||
| Rhyl | 19,438 | ||||||
| Active Cumbria | 2,000 | ||||||
| Curnbria FC | 1,000 | ||||||
| Warrington Borough Council |
5,000 | ||||||
| Dept ofTransport Greater |
Manchester | 2,333 | |||||
| Salford CVS | 3,000 | ||||||
| South Yorkshire Combined | Authority | 19,368 | |||||
| 237,148 | 179,844 |
| Support | ||||
|---|---|---|---|---|
| Direct | costs (see | |||
| Costs | note 6) | Totals | ||
| Mainstream | cycling | 3,178 | 2,036 | 5,214 |
| Wheels for | All | 226,211 | 79,065 | 305,276 |
| Pedal away | 62,576 | 26,046 | 88 622 | |
| 291965 | 107,147 | 399 112 |
| SUPPORT | COSTS | ||||
|---|---|---|---|---|---|
| Governance | |||||
| Management | Finance | costs | Totals | ||
| Mainstream | cycling | 2,012 | 2 | 22 | 2,036 |
| Wheels for | All | 77,284 | 87 | 1,694 | 79,065 |
| Pedal away | 25 535 | 27 | 484 | 26046 | |
| 104,831 | 116 | 2,200 | 107,147 |
| 30.9.20 | 30.9.19 | |||
|---|---|---|---|---|
| Depreciation | - | owned assets | 12,989 | 11,491 |
| Other operating | leases | 22,215 | ~9362 |
| STAFF COSTS | ||||||
|---|---|---|---|---|---|---|
| 30.9.20 | 30.9.19 | |||||
| Wages and salaries | 257,273 | 258,363 | ||||
| Social security costs | 8,611 | 4,005 | ||||
| Other pension costs | 2 777 | 1,469 | ||||
| 268,661 | 263,837 | |||||
| The average monthly | number ofemployees | during the year was as follows: | ||||
| 30.9.20 | 30.9.19 | |||||
| Core | 7 | 7 | ||||
| Other and sessional | 31 | 23 | ||||
| 38 | 30 | |||||
| No employees received emoluments |
in excess off60,000. | |||||
| TANGIBLE FIXED | ASSETS | |||||
| WFA | ||||||
| Adapted | Other | Small | Office | |||
| Cycles | cycles | equipment | equipment | Totals | ||
| COST | ||||||
| At 1 October 2019 | 281,908 | 4,386 | 2,050 | 16,833 | 305,177 | |
| Additions | 1 986 | 2 200 | 4,186 | |||
| At 30 September 2020 | 283,894 | 4 386 | 2050 | 19,033 | 309363 | |
| DEPRECIATION | ||||||
| At 1 October 2019 | 100,601 | 4,386 | 975 | 16,699 | 122,661 | |
| Charge for year | 12,856 | 133 | 12,989 | |||
| At 30September 2020 | 113,457 | 4,386 | 975 | 16832 | 135,650 | |
| NET BOOKVALUE | ||||||
| At 30 September 2020 | 170,437 | 1,075 | 2,201 | 173,713 | ||
| At 30 September 2019 | 181,307 | 1 075 | 134 | 182516 |
for the Year Ended |
30September 2020 | |||
|---|---|---|---|---|
| 11. | STOCKS | |||
| 30.9.20 | 30.9.19 | |||
| Stocks | ~26 833 | 18,086 | ||
| 12. | DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 30.9.20 | 30.9.19 | |||
| Trade debtors | 13,742 | 107,166 | ||
| Other debtors | 1,387 | |||
| Prepayments and accrued income |
25,534 | 2461 | ||
| 40663 | 109,627 | |||
| 13. | CREDITORS: AMOUNTS | FALLING DUE WITHIN ONE YEAR | ||
| 30.9.20 | 30.9.19 | |||
| Bank loans and overdrafts (see note 14) |
2,764 | |||
| Finance leases (see note 15) | 566 | |||
| Trade creditors | 18,436 | 23,394 | ||
| Social security and other taxes Other creditors |
16,438 708 |
20,200 516 |
||
| Accruals and deferred income | 26,433 | 43,552 | ||
| 64,779 | 88,228 | |||
| Deferred income comprises | grant income received in advance ofthe year to which itrelates. | |||
| 30.09.20 | ||||
| Balance as at 1stOctober 2019 | 29,479 | |||
| Amount released to income |
earned from charitable | activities | (22,057) | |
| Amount deferred in year |
12,360 | |||
| Balance as at 30th September 2020 | 19,782 | |||
| 14. | LOANS | |||
| An analysis ofthe maturity | ofloans is given below: | |||
| 30.9.20 | 30.9.19 | |||
| Amounts falling due within |
one year on demand: | |||
| Bank overdrafts | 2,764 |
| MOVEMENT IN FUND | S | |||||
|---|---|---|---|---|---|---|
| Net | Transfers | |||||
| At | movement | between | At | |||
| 1.10.19 | in funds | funds | 30.9.20 | |||
| Unrestricted funds |
||||||
| General fund | 214,930 | 15,585 | 16,424 | 246,939 | ||
| Banes WFA | 3,800 | 3,800 | ||||
| 218,730 | 15,585 | 16,424 | 250,739 | |||
| Restricted funds | ||||||
| Capital grants expended | 13,659 | (2,197) | 11,462 | |||
| StJohn's Foundation -Bath |
18,653 | (12,029) | 6,624 | |||
| Surrey WFA | 31,949 | (31) | (18,627) | 13,291 | ||
| South Lakes District National Park | 16,592 | (6,039) | 10,553 | |||
| Steve Morgan Foundation | 3,520 | 5,444 | 8,964 | |||
| Sport England- volunteer |
coordinator | 19 | 2,989 | 3,008 | ||
| Copeland WFA | 28,928 | (10,701) | 18,227 | |||
| CCF - Warrington PA Dementia |
7,563 | (1,528) | 6,035 | |||
| Marlow - WFA | 13,817 | (2,293) | 11,524 | |||
| Karl Austin fund | 3,823 | (3,823) | ||||
| Wyre | 2,123 | (2,123) | ||||
| Pedal Power | 2,102 | (2,102) | ||||
| Bicycle Purchase Reserve | 2,000 | (2,000) | ||||
| Hyndburn Pedal Away |
7,328 | (444) | 6,884 | |||
| ACRE - Lace Up | 7,905 | (3,714) | 4,191 | |||
| Salford Pedal Away | 11,374 | (7,348) | 4,026 | |||
| West Midlands Combined |
Authority | 9,960 | 9,960 | |||
| European Social Funding | —Manchester | 4,949 | 4,949 | |||
| European Social Funding | -Merseyside | 4,598 | 4,598 | |||
| Sport England Volunteering | Scaling | 30,475 | 30,475 | |||
| Programme | ||||||
| Tackling Inequalities -Liverpool &Sefton |
9,837 | 9,837 | ||||
| Mencap | ||||||
| South Yorkshire Combined | Authority | 16,604 | 16,604 | |||
| Sport Wales - Rhyl WFA | set up | 11,984 | 11,984 | |||
| CCF Warrington Older People |
2,203 | 2,203 | ||||
| Cycling repair, health &safety fund | 10048 | 10,048 | ||||
| 171,355 | 50,516 | 16424 | 205,447 | |||
| TOTAL FUNDS | 390,085 | 66,101 | 456,186 |
| Incoming | Resources | Movement | |||
|---|---|---|---|---|---|
| resources | expended | in funds | |||
| Unrestricted funds |
|||||
| General fund | 245,061 | (229,476) | 15,585 | ||
| Restricted funds | |||||
| Capital grants expended | (2,197) | (2,197) | |||
| StJohn's Foundation —Bath |
(12,029) | (12,029) | |||
| Surrey WFA | 18,300 | (18,331) | (31) | ||
| South Lakes District National Park | 300 | (6,339) | (6,039) | ||
| Steve Morgan Foundation | 25,237 | (19,793) | 5,444 | ||
| Sport England- volunteer |
coordinator | 31,462 | (28,473) | 2,989 | |
| Copeland WFA | 3,000 | (13,701) | (10,701) | ||
| CCF - Warrington PA Dementia |
(1,528) | (1,528) | |||
| Marlow - WFA | 4,000 | (6,293) | (2,293) | ||
| Hyndburn Pedal Away |
(444) | (444) | |||
| ACRE - Lace Up | (3,714) | (3,714) | |||
| Salford Pedal Away | 6,833 | (14,181) | (7,348) | ||
| Sport England - sector partner fund | 40,400 | (40,400) | |||
| West Midlands Combined |
Authority | 9,960 | 9,960 | ||
| European Social Funding |
-Manchester | 4,996 | (47) | 4,949 | |
| European Social Funding |
-Merseyside | 5,000 | (402) | 4,598 | |
| Sport England Volunteering | Scaling | 35,864 | (5,389) | 30,475 | |
| Pro gratrnne | |||||
| Tackling Inequalities -Liverpool &Sefton |
9,837 | 9,837 | |||
| Mene ap | |||||
| South Yorkshire Combined Authority Sport Wales - Rhyl WFA set up |
19,368 19,438 |
(2,764) ~7,454 |
16,604 11984 |
||
| 233,995 | 183,479 | 50,516 | |||
| TOTAL FUNDS | 479 056 | 412955 | 66 101 |
| Comparatives for m |
ovem | ent in funds |
||||
|---|---|---|---|---|---|---|
| Net | Transfers | |||||
| At | movement | between | At | |||
| 1.10.18 | in funds | funds | 30.9.19 | |||
| Unrestricted funds |
||||||
| General fund | 227,425 | (8,695) | (3,800) | 214,930 | ||
| Banes WFA | 3 800 | 3,800 | ||||
| 227,425 | (8,695) | 218,730 | ||||
| Restricted funds | ||||||
| Capital grants expended | 16,087 | (2,428) | 13,659 | |||
| StJohn's Foundation | -Bath | 10,000 | 8,653 | 18,653 | ||
| Surrey WFA | 13,841 | 18,108 | 31,949 | |||
| South Lakes District National Park | 20,500 | (3,908) | 16,592 | |||
| Steve Morgan Foundation | 3,520 | 3,520 | ||||
| Sport England- volunteer | coordinator | 19 | 19 | |||
| Copeland WFA | 28,928 | 28,928 | ||||
| Cheshire Community |
Fund | 4,400 | (4,400) | |||
| CCF - Warrington PA Dementia |
7,563 | 7,563 | ||||
| Will Haughton Foundation |
2,000 | (2,000) | ||||
| Marlow —WFA |
5,850 | 7,967 | 13,817 | |||
| Donations - for WFA | 550 | (550) | ||||
| Karl Austin fund | 3,823 | 3,823 | ||||
| Wyre | 2,123 | 2,123 | ||||
| Pedal Power | 2,102 | 2,102 | ||||
| Bicycle Purchase Reserve | 2,000 | 2,000 | ||||
| Hyndburn Pedal Away |
7,328 | 7,328 | ||||
| ACRE - Lace Up Salford Pedal Away |
14300 | 7,905 ~3126 |
7,905 11,374 |
|||
| 97,776 | 73,579 | 171,355 | ||||
| TOTAL FUNDS | 325,201 | 64,884 | 390,085 |
| Incoming | Resources | Movement | |||||
|---|---|---|---|---|---|---|---|
| resources | expended | in funds | |||||
| Unrestricted funds |
|||||||
| General fund | 290,431 | (299,126) | (8,695) | ||||
| Restricted funds | |||||||
| Capital grants expended | (2,428) | (2,428) | |||||
| StJohn's Foundation | -Bath | 21,810 | (13,157) | 8,653 | |||
| Surrey WFA | 25,380 | (7,272) | 18,108 | ||||
| South Lakes District National | Park | 10,000 | (13,908) | (3,908) | |||
| Steve Morgan Foundation | 24,437 | (20,917) | 3,520 | ||||
| Sport England- volunteer | coordinator | 34,197 | (34,178) | 19 | |||
| Copeland WFA | 33,650 | (4,722) | 28,928 | ||||
| Cheshire Community | Fund | (4,400) | (4,400) | ||||
| CCF - Warrington PA Dementia |
9,410 | (1,847) | 7,563 | ||||
| Will Haughton Foundation |
(2,000) | (2,000) | |||||
| Marlow - WFA | 14,615 | (6,648) | 7,967 | ||||
| Donations -for WFA |
3,262 | (3,812) | (550) | ||||
| Hyndbum Pedal Away |
7,807 | (479) | 7,328 | ||||
| ACRE - Lace Up Salford Pedal Away |
9,105 10,748 |
(1,200) ~13,874 |
7,905 ~3,126) |
||||
| 204 421 | 130,842 | 73,579 | |||||
| TOTAL FUNDS | 494 852 | 429,968 | 64 884 | ||||
| Unrestricted | |||||||
| General | Designated | Restricted | Total | ||||
| Fund balances at 30th | September 2020 | ||||||
| Represented by:- | |||||||
| Tangible fixed assets | 162,251 | 11,462 | 173,713 | ||||
| Net current assets | 84,688 | 3,800 | 193,985 | 282,473 | |||
| Creditors: falling due | in more | than one | |||||
| year | |||||||
| 246,939 | 3,800 | 205,447 | 456,186 |