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2023-06-30-accounts

Charity Registration Number 1016248

IN THE GAME

ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2023

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IN THE GAME

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees Richard Bevan OBE Sir Alex Ferguson CBE Lindsay Gordon Howard Wilkinson OBE Registered Charity Number 1016248 Registered Office St George’s Park Newborough Road Needwood Burton upon Trent DE13 9PD Bankers Barclays Bank UK PLC Leicester LE87 2BB Accountants Dyke Yaxley Limited 1 Brassey Road Old Potts Way Shrewsbury Shropshire SY3 7FA

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IN THE GAME

CONTENTS

Page
Trustees’ report 4 - 6
Independent examiner’s report 7
Statement of financial activities 8
Balance Sheet 9
Notes to the financial statements 10 - 16

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IN THE GAME TRUSTEES’ REPORT FOR THE YEAR ENDED 30 JUNE 2023

The Trustees present their report and financial statements for the year ended 30 June 2023.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to 12. The financial statements comply with the charity’s Trust Deed, the Charities Act 2011 and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)”.

Objectives and activities

The objects of the charity are as follows:

There has been no change in the charity’s objects during the year.

The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.

Achievements and performance

During the year ended 30 June 2023 the charity received income from fundraising and donations of £59,729 (2022: £74,486) and £358 (2022: £11) from investment income. After the deduction of expenditure £88,961 (2022: £63,612) this gave rise to a net deficit for the year of £28,874 (2022: surplus £10,885). Total reserves as at 30 June 2023 were £62,631 (2022: £91,505).

The Board of Trustees regularly review fundraising to ascertain if the current fundraising model is sustainable and if it has potential for growth.

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IN THE GAME

TRUSTEES’ REPORT

FOR THE YEAR ENDED 30 JUNE 2023

Financial Review

It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level at least equivalent to between three and six month’s expenditure. The Trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year. At the 30 June 2023 unrestricted funds totalled £62,631 (2022: £91,505). See the Statement of Income and Expenditure for the details of the financial results for this year and the prior year.

The Trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.

Structure, Governance and Management

In The Game is governed by a Trust Deed dated 30 December 1992 as amended by Deed dated 1 December 2008 and as amended by Resolution dated 12 May 2015. The charity is registered with the Charities Commission for England and Wales, registration number 1016248.

The Trustees who served during the year and up to the date of signature of the financial statements were: Mr R Bevan OBE

Sir A Ferguson CBE Miss L Gordon Mr H Wilkinson OBE

None of the Trustees has any beneficial interest in the charity.

New Trustees are appointed by the existing Trustees. The Trust Deed provides for four Trustees; Chairman, Chief Executive, Secretary and a member (as nominated by the Chairman) of the League Managers Association

The Board of Trustees meet as required to receive reports from fundraisers, individual cases requiring support and to consider the management accounts. The overall strategy of the charity is decided at these meetings.

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IN THE GAME TRUSTEES’ REPORT FOR THE YEAR ENDED 30 JUNE 2023

In planning the charity’s activities, the Trustees have paid due regard to the Charity Commission’s guidance on public benefit.

The Trustees’ report has been approved by the Board of Trustees and is signed on their behalf by:

Richard Bevan OBE

Trustee

29 April 2024

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IN THE GAME INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF IN THE GAME

I report to the charity trustees on my examination of the accounts of the charity for the year ended 30 June 2023 which are set out on pages 8 to 16.

Responsibilities and basis of report

As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the charity’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view’ which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Audrey Williams FCCA Dyke Yaxley 1 Brassey Road Old Potts Way Shrewsbury Shropshire SY3 7FA

29/04/2024 Dated: …………….

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IN THE GAME

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30 JUNE 2023

Notes
Income from:
Donations
2
Investment income
3
Total income
Expenditure on:
Raising funds
4
Charitable activities
5
Net income for the
year/
Net movement in
funds
Fund balances at 1
July 2022
Fund balances at
30 June 2023		 Unrestricted
Restricted
Total
Funds
Funds
Funds
2023
2023
2023
£
£
£
59,729
-
59,729
358
-
358
60,087
-
60,087
4,923
-
4,923
84,038
-
84,038
88,961
-
88,961
(28,874)
-
(28,874)
91,505
-
91,505
62,631
-
62,631		 Unrestricted
Restricted
Total
Funds
Funds
Funds
2022
2022
2022
£
£
£
71,461
3,025
74,486
11
-
11
71,472
3,025
74,497
2,462
-
2,462
58,125
3,025
61,150
60,587
3,025
63,612
10,885
-
10,885
80,620
-
80,620
91,505
-
91,505

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing activities.

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IN THE GAME

BALANCE SHEET

AS AT 30 JUNE 2023

Notes
Current assets
Debtors
10
Cash at bank and in hand
Creditors: amounts falling due within
one year
11
Net current assets
Total assets less current liabilities
Income funds
Unrestricted funds		 £
1,702
85,187
86,889
(24,258)		 2023
£


62,631		 £
21,601
102,412
124,013
(32,508)



 2022
£
91,505
91,505
91,505
91,505
62,631
62,631
62,631

The financial statements were approved by the Trustees on 29 April 2024.

Richard Bevan OBE Trustee

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IN THE GAME

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023

1 Accounting policies

Charity information

In The Game is an unincorporated charity, registered with the Charities Commission in England and Wales (number 1016248), constituted under a Trust Deed. The registered office of the charity is St George’s Park, Newborough Road, Needwood, Burton upon Trent, DE13 9PD.

1.1 Accounting convention

These financial statements have been prepared in accordance with the charity’s Trust Deed, the Charities Act 2011 and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019)”. The charity is a Public Benefit Entity as defined by FRS 102.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, unless otherwise stated in the relevant accounting policy note(s). The principal accounting policies adopted are set out below.

1.2 Going Concern

At the time of approving the financial statements, the Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3 Charitable Funds

Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable objectives unless the funds have been designated for other purposes. Restricted funds are donations which the donor has specified are to be solely used for particular areas of the Trust’s work.

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IN THE GAME NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2023

1.4 Incoming resources

Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or Deeds of covenant is recognised at the time of the donation.

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods and services provided in the normal course of business.

1.5 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.6 Financial instruments

The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Charity’s balance sheet when the Charity becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

1.7 Debtors

Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received.

1.8 Creditors

The charity has creditors which are measured at settlement amounts less any trade discounts.

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IN THE GAME

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023

2 Donations and legacies

Unrestricted Restricted Total Unrestricted
Funds Funds Funds Funds
2023 2023 2023 2022
£ £ £ £
Donations and 59,729 - 59,729 74,486
gifts
3 Investments
Unrestricted Unrestricted
funds funds
2023 2022
£ £
Interest receivable 358 11
4 Raising funds
Unrestricted Unrestricted
funds funds
2023 2022
£ £
Fundraising and publicity
Staging fundraising events 4,923 2,462

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IN THE GAME

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023

5 Charitable activities
Charitable Charitable
expenditure expenditure
2023 2022
£ £
Donations 30,000 36,000
Grant funding of activities (see note 6) 45,631 16,092
Welfare Programme:
Remuneration and consultancy fees 5,000 5,000
Professional fees 475 1,333
Bank charges 681 830
Share of governance costs (see note 7) 2,251 1,895
84,038 61,150
6 Grants payable Charitable Charitable
expenditure expenditure
2023 2022
£ £
Grants to institutions:
Institute of Football Management and Administration 965 1,205
Special Olympics GB 20,000 -
Grants to individuals:
Unrestricted funds 24,666 11,862
Restricted funds - 3,025
45,631 16,092

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IN THE GAME

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2023

7 Support costs Governance Governance
costs costs
2023 2022
£ £
Independent examiner’s fee 1,816 1,860
Incidental 35 35
Affinity and promotion 400 -
2,251 1,895
Analysed between
Charitable activities 2,251 1,895

8 Trustees

None of the Trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year (2022: None).

9 Employees

There were no employees during the year (2022: None).

No employees received employee benefits (excluding employer pension costs) for the year of more than £60,000 (2022: None).

10
Debtors
Amounts falling due within one year:
Trade debtors
Other debtors		 2023
£
-
1,702
1,702

 2022
£
21,601
-
21,601

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IN THE GAME

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2023

11 Creditors: amounts falling due within one year
Trade creditors
Other creditors
Accruals and deferred income		 2023
£
-
7,500
16,758
24,258		 2022
£
825
12,500
19,183
32,508

12 Related party transactions

The charity’s Trustees are officers of the League Managers Association, with LMA Management Limited and LMA New Media Limited being wholly owned subsidiaries of the League Managers Association. During the year the charity entered in the following transactions with related parties:

Donations received include a donation of £23,000 (2022: £23,000) from LMA New Media Limited, along with a donation of £nil (2022: £500) from Mr Howard Wilkinson a Trustee of In The Game.

During the year the following donations were collected on behalf of In The Game:

2023 2022
£ £
League Managers Association - 7,200
LMA Management Limited 3,000 870
LMA New Media Limited - 500

During the year LMA Management Limited and LMA New Media Limited incurred costs in respect of

In The Game. The total amounts recharged to In The Game in the year by LMA Management Limited amounted to £4,116 (2022: £2,615) and the total amount recharged by LMA New Media Limited amounted to £18,224 (2022: £6,565).

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IN THE GAME

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023

12 Related party transactions - continued

The following amounts were outstanding at the reporting end date:

2023 2022
£ £
Debtors
LMA New Media Limited 1,702 -
Creditors
LMA Management Limited 2,054 7,382
LMA New Media Limited 9,302 5,000

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