## **Tottenham Community Sports Centre**
**Charity No. 1022202**
**Company No. 02818821**
**Trustees' Report and Unaudited Accounts**
**31 March 2021**
**Tottenham Community Sports Centre Contents**
||Pages||
|---|---|---|
|Trustees' Annual Report|2 to 5||
|Independent Examiner's Report||6|
|Statement of Financial Activities||7|
|Summary Income and Expenditure Account||8|
|Balance Sheet||9|
|Notes to the Accounts|10 to|18|
|Detailed Statement of Financial Activities|19 to|21|
Page 1
**Tottenham Community Sports Centre Trustees Annual Report**
The Trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the unaudited financial statements of the charity for the year ended 31 March 2021.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Company No. 02818821**
## **Charity No. 1022202**
## **Principal Office**
Address Line 5
## **Registered Office**
701-703 High Road Tottenham London N17 8AD
## **Directors and Trustees**
The Directors of the charitable company are its Trustees for the purposes of charity law. The following Directors and Trustees served during the year:
C. Bennett D. Lewis M. Springthorpe
## **Company Secretary**
K. Lincoln
## **Accountants**
Elite Accountants 717 Green Lanes London N21 3RX
Page 2
**Tottenham Community Sports Centre Trustees Annual Report**
OBJECTIVES AND ACTIVITIES
The charity's principle activity is to provide or assist in providing, in the interests of social welfare, facilities for recreation, physical education or other leisure-time occupations for the public at large and, in particular, the inhabitants of Tottenham, being facilities:-
a) of which those persons have need by reason of their youth, age, and infirmity or disablement, poverty or social and economic circumstances; and
b) which will improve the conditions of life for such persons by promoting their physical, mental and spiritual well-being.
Our premises are leased from the local authority on a 60 year FRI commercial lease dated 1st April 1992.
A wholly owned subsidiary company, Tottenham Community Sports Centre 703 Club Limited, operates a social club and licensed bar, all profits being covenanted to this company.
All surpluses generated from all activities are applied to maintaining and improving the quality and range of facilities available.
The Trustees confirm that due consideration has been given to the Charity Commissions guidance on the public benefit requirement and ensure that this is kept under constant supervision and review.
## ACHIEVEMENTS AND PERFORMANCE
2020/2021 dawned with the beginning of many restrictions imposed by the terrible COVID 19 pandemic.
Our facilities were closed on 23rd March 2020 and apart from some intermittent, mainly outdoor sports bookings as guidelines allowed, remained closed for the whole of the financial year.
We were able to support the more vulnerable members of our community by the continuance of the Oakmont Social Care Day Centre who were able to follow the Governments guidelines relating to health and social care. Similarly we continued to accommodate the Tower Gardens After School Club for children with autism.
Due to the COVID restrictions and the consequent financial squeeze, a number of our 2020/2021 planned developments were put on hold.
Access to Government support grants, local authority rent assistance, donations and Sport England grants helped our financial survival and the hire of facilities by Haringey Council for COVID Flow Testing ensured that we were able to “weather the storm”
We firmly believe that sport crosses all social divides and our importance to community health and cohesion will become even more important as we exit the pandemic.
Our thoughts are with all those affected by the COVID virus. We are confident that we will emerge stronger and able to support our community.
Page 3
**Tottenham Community Sports Centre Trustees Annual Report**
## FINANCIAL REVIEW
Given the ‘non-purpose’ built nature and age of the premises in which the Centre operates, the possibility of urgent, substantial repairs to the fabric of the property that the Centre may have to fund from reserves is ever present. While every reasonable effort is made to maintain the property to a high standard, the trustees consider it prudent to maintain a fairly high level of readily available reserves so that significant problems can be dealt with as they arise.
The trustees are constantly mindful of the possibility of substantial increases in rent and or business rates - despite the local authority's agreement to fund part of the rent and all business rate charges. With local authority finances generally weak, the trustees believe that this threat must be kept firmly in mind, if not at the forefront of current concerns.
With the implications of the three areas of risk in mind, the trustees have a designated "Contingency Fund" of £50,000.
The nature of the Centre's activities is such that users of its facilities may sustain injury for which the Centre could be held responsible. The trustees believe that the Centre has sufficient relevant insurance cover to deal with any foreseeable claim.
Within the constraints of prudence with regard to the maintenance of adequate reserves to confront the above risks, the trustees are committed to the principle of spending surplus funds on the expansion of facilities as genuine need arises.
Our ongoing commitment to improving facilities within our limited budget, whilst badly affected by the financial burden of COVID Lockdown, will resume as soon as funds are replenished.
The Centre was grateful to receive £102,923 in Government grants during the year, which consisted of local authority grants and coronavirus job retention scheme grants. We also received £52,750 from The Lottery Fund. Without this support the Charity would have recorded a significant loss for the year.
Page 4
**Tottenham Community Sports Centre Trustees Annual Report**
STRUCTURE, GOVERNANCE AND MANAGEMENT
Trustees are appointed by members of the association. A minimum of 3 trustees must be appointed. Of those appointed, one must retire each year by rotation, although he/she may be re- elected at the Annual General Meeting.
Derek Lewis will retire at this year’s AGM but will stand for re-election
The Trustees carry out both governance functions and also other roles within the trust.
Their core functions are:
- 1) To ensure that the charity remains true to its mission and values
- 2) To determine its strategy
- 3) To act as the point of final accountability for its actions and those of its representatives and staff
- 4) To safeguard its assets
- 5) Act as a pool of expertise and advice, making this available to staff and volunteers
- 6) Our Trustees undertake the management role of hiring, firing and holding the head of staff accountable
They also liaise between the trust and the outside world: providing a conduit for information and ideas, representing it and acting as an ambassador for it.
Day to day management is delegated to specified individuals who report to the Trustees on a regular basis.
## Staffing
The Centre operates on a part voluntary / part salaried basis with 10 part time and 2 full time staff all of whom also provided additional voluntary hours along with our 10 unpaid volunteers.
We are indebted to our band of volunteers, in particular, Kevin Lincoln, Keith Grinham, Tony Curtis, John Beckles, Esmond Francis, Jenny Peters, George Blair, Beverley Allen, Sashi Port and Valerie Godonu without whom, we would struggle to survive.
## Motto
Our motto remains, Sport for All ….at an Affordable Price.
The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006 and in accordance with the Charities SORP (FRS 102).
Signed on behalf of the board
M. Springthorpe Trustee 31 March 2021
Page 5
**Tottenham Community Sports Centre Independent Examiners Report**
## **Independent Examiner's Report to the trustees of Tottenham Community Sports Centre**
I report to the charity trustees on my examination of the accounts of Tottenham Community Sports Centre for the year ended 31 March 2021 which comprise the Statement of Financial Activities, the Summary Income and Expenditure Account, the Balance Sheet and the related notes.
## **Responsibilities and basis of report**
As the trustees of the charity (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act.
Having satisfied myself that the accounts of the charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **Independent examiner's statement**
As the charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of ACCA.
I have completed my examination. I can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that:
- accounting records were not kept in accordance with section 386 of the 2006 Act ; or
- the accounts do not accord with those records; or
- the accounts do not comply with the accounting requirements under section 396 of the 2006 Act 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; or
- the accounts have not been prepared in accordance with the Charities SORP (FRS 102).
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.
George Charalambous FCCA Elite Accountants 717 Green Lanes London N21 3RX
31 March 2021
Page 6
**Tottenham Community Sports Centre Statement of Financial Activities**
## **for the year ended 31 March 2021**
|**Notes**
**Income and endowments**
**from:**
Donations and legacies
4
Charitable activities
5
Other trading activities
6
Investments
7
Other
8
**Total**
**Expenditure on:**
Raising funds
9
Charitable activities
10
Other
11
**Total**
Net gains on investments
**Net income**
12
Transfers between funds
**Net income before other**
**gains/(losses)**
**Other gains and losses**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|**Unrestricted**
**funds**
**2021**
**£**
4,393
142,710
6,665
27
102,923|**Total funds**
**2021**
**£**
4,393
142,710
6,665
27
102,923|**Total funds**
**2020**
**£**
1,155
209,334
70,065
109
-|
|---|---|---|---|
||256,718
-
3,000
223,721|256,718
-
3,000
223,721|280,663
918
4,012
269,107|
||226,721
-|226,721
-|274,037
-|
||29,997
-|29,997
-|6,626
-|
||29,997|29,997|6,626|
||29,997
157,361|29,997
157,361|6,626
158,079|
||187,358|187,358|164,705|
Page 7
**Tottenham Community Sports Centre Summary Income and Expenditure Account**
## **for the year ended 31 March 2021**
|Income
Interest and investment income
**Gross income for the year**
Expenditure
Interest payable
Depreciation and charges for
impairment of fixed assets
**Total expenditure for the year**
Net income/(expenditure) before tax
for the year
**Net income /(expenditure )for the year**|**2021**
**£**
256,691
27
256,718
224,428
6
2,287
226,721
29,997
29,997|**2020**
**£**
280,554
109|
|---|---|---|
|||280,663|
|||278,788
-
2,593|
|||281,381|
|||(718)|
|||(718)|
Page 8
**Tottenham Community Sports Centre Balance Sheet**
## **at 31 March 2021**
|**Company No.**
**02818821**
**Notes**
**2021**
**£**
**Fixed assets**
Tangible assets
14
5,344
Investments
15
100
5,444
**Current assets**
Debtors
16
24,920
Cash at bank and in hand
165,104
190,024
**Creditors:**Amount falling due within one year
17
(8,110)
**Net current assets**
181,914
**Total assets less current liabilities**
187,358
**Net assets excluding pension asset or liability**
187,358
**Total net assets**
187,358
**The funds of the charity**
**Restricted funds**
18
**Unrestricted funds**
18
General funds
187,358
187,358
**Reserves**
18
**Total funds**
187,358|**2020**
**£**
7,631
100|
|---|---|
||7,731
20,115
140,094|
||160,209
(10,579)|
||149,630
157,361|
||157,361|
||157,361|
||157,361|
||157,361|
||157,361|
These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
For the year ended 31 March 2021 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
Approved by the board on 15 November 2021
And signed on its behalf by:
M. Springthorpe Trustee 31 March 2021
Page 9
**Tottenham Community Sports Centre Notes to the Accounts**
## **for the year ended 31 March 2021**
- 1 **Accounting policies**
## **Basis of preparation**
The financial statements have been prepared in accordance with 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 (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
## **Change in basis of accounting or to previous accounts**
There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.
## **Fund accounting**
- Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity.
- Designated funds These are unrestricted funds earmarked by the trustees for particular purposes. Revaluation funds These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values.
- Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal.
## **Income**
- Recognition of Income is included in the Statement of Financial Activities (SoFA) when the charity income becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability.
- Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SoFA. Donations and Voluntary income received by way of grants, donations and gifts is included in the legacies the SoFA when receivable and only when the Charity has unconditional entitlement to the income.
- Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the donations and gifts gift/donation to which it relates. Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material.
Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets
Page 10
**Tottenham Community Sports Centre Notes to the Accounts**
## **Expenditure**
- Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT which expenditure cannot be fully recovered, and is reported as part of the expenditure to which it relates.
- Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activities services in the furtherance of its objects, including the making of grants and governance costs.
- Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid.
- Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs.
- Other expenditure These are support costs not allocated to a particular activity.
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **Tangible fixed assets and depreciation**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:
Fixtures, fittings and 15% Straight line equipment All weather 6.67% Straight line
## **Freehold investment property**
Investment properties are measured initially at cost and subsequently at fair value at each balance sheet date and are not depreciated. All gains or losses are taken to the Statement of Financial Activities as they arise.
## **Stocks**
Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fair value which is the amount the charity would have been willing to pay for the items on the open market.
## **Trade and other debtors**
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
Page 11
**Tottenham Community Sports Centre Notes to the Accounts**
## **Cash and cash equivalents**
Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.
## **Trade and other creditors**
Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
## **Research and development**
Expenditure on research and development is written off in the year in which it is incurred.
## **Foreign currencies**
Monetary assets and liabilities denominated in currencies other than the functional currency of the charity are translated at the rates of exchange prevailing at the end of the reporting period. Transactions in currencies other than the functional currency of the charity are recorded at the rate of exchange on the date that the transaction occurred.
All exchange differences are are taken into account in arriving at net income/expenditure.
## **Leased assets**
Where the charity enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease.
Leases which do not transfer substantially all the risks and rewards of ownership to charity are classified as operating leases.
Assets held under finance leases are initially recognised as assets of the charity at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the charity's policy on borrowing costs.
Assets held under finance leases are depreciated in the same way as owned assets.
Operating lease payments are recognised as an expense on a straight-line basis over the lease term. In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis.
## **Pension costs**
The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.
Page 12
**Tottenham Community Sports Centre Notes to the Accounts**
## **Receipt of donated goods, facilities and services**
All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity.
## 2 **Company status**
The company is a private company limited by guarantee and consequently does not have share capital.
## 3 **Statement of Financial Activities - prior year**
|**Income and endowments from:**
Donations and legacies
Charitable activities
Other trading activities
Investments
**Total**
**Expenditure on:**
Raising funds
Charitable activities
Other
**Total**
**Net income**
**Net income before other**
**gains/(losses)**
**Other gains and losses:**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**
4
**Income from donations and legacies**
Sundry donations received|**Unrestricted**
**£**
4,393
4,393|**Unrestricted**
**funds**
**2020**
**£**
1,155
209,334
70,065
109
280,663
918
4,012
276,451
281,381
(718)
(718)
(718)
158,079
157,361
**Total**
**2021**
**£**
4,393
4,393|**Total funds**
**2020**
**£**
1,155
209,334
70,065
109|
|---|---|---|---|
||||280,663
918
4,012
276,451|
||||281,381|
||||(718)|
||||(718)|
||||(718)
158,079|
||||157,361|
||||**Total**
**2020**
**£**
1,155|
||||1,155|
Page 13
**Tottenham Community Sports Centre Notes to the Accounts**
- 5 **Income from charitable activities**
|Sports membership and
sport facilities hire
Other facilities hire
Sport and well being
community grants
6
**Income from other trading activities**
Car boot sales and other
fundraising activities
Car park facilities
Canteen
7
**Income from investments**
Interest receivable
8
**Other income**
Government support grants
9
**Expenditure on raising funds**
_Fundraising trading costs_
Canteen|**Unrestricted**
**£**
23,740
66,220
52,750
142,710
**Unrestricted**
**£**
-
6,665
-
6,665
**Unrestricted**
**£**
27
27
**Unrestricted**
**£**
102,923
102,923|**Total**
**2021**
**£**
23,740
66,220
52,750
142,710
**Total**
**2021**
**£**
-
6,665
-
6,665
**Total**
**2021**
**£**
27
27
**Total**
**2021**
**£**
102,923
102,923|**Total**
**2020**
**£**
123,641
85,693
-|
|---|---|---|---|
||||209,334|
||||**Total**
**2020**
**£**
15,714
52,725
1,626|
||||70,065|
||||**Total**
**2020**
**£**
109|
||||109|
||||**Total**
**2020**
**£**
-|
||||-|
|||||
|||**Total**
**2021**
**£**
-
-|**Total**
**2020**
**£**
918|
||||918|
Page 14
**Tottenham Community Sports Centre Notes to the Accounts**
## 10 **Expenditure on charitable activities**
|10|**Expenditure on charitable activities**||||
|---|---|---|---|---|
|||**Unrestricted**|**Total**|**Total**|
||||**2021**|**2020**|
|||**£**|**£**|**£**|
||_Governance costs_||||
||Accountancy fees|3,000|3,000|3,000|
||Legal and professional|-|-|1,012|
|||3,000|3,000|4,012|
|11|**Other expenditure**||||
|||**Unrestricted**|**Total**|**Total**|
||||**2021**|**2020**|
|||**£**|**£**|**£**|
||Bank loan and overdraft
interest payable|6|6|-|
||Employee costs|125,045|125,045|145,679|
||Premises costs|66,363|66,363|89,157|
||Amortisation, depreciation,||||
||impairment, profit/loss on|2,287|2,287|2,593|
||disposal of fixed assets||||
||General administrative costs|30,020|30,020|31,678|
|||223,721|223,721|269,107|
|12|**Net income before transfers**||||
|||**2021**||**2020**|
||This is stated after charging:|**£**||**£**|
||Depreciation of owned fixed assets|2,287||2,593|
|13|**Staff costs**||||
||Salaries and wages|118,992||136,831|
||Social security costs|3,497||5,719|
||Pension costs|1,647||1,780|
|||124,136||144,330|
||No employee received emoluments in excess of £60,000.||||
||The average monthly number of full time equivalent employees during the year||was as follows:||
|||**2021**||**2020**|
|||**Number**||**Number**|
||Administrative staff|12||12|
|||12||12|
||The charity's pension is a work place pension held with NEST.||||
Page 15
**Tottenham Community Sports Centre Notes to the Accounts**
## 14 **Tangible fixed assets**
|**Cost or revaluation**
At 1 April 2020
At 31 March 2021
**Depreciation and**
**impairment**
At 1 April 2020
Depreciation charge for the
year
At 31 March 2021
**Net book values**
At 31 March 2021
At 31 March 2020
15 **Investments**
**Cost or revaluation**
At 1 April 2020
At 31 March 2021
**Net book values**
At 31 March 2021
At 31 March 2020
**Investment in Subsidiaries**
The company has the following subsidiary undertakings:
**Name of company**
**Country of**
**incorporation**
**(if not UK)**
**Class of**
**shares held**
Tottenham Community
Sports Centre 703 Club Ltd
England
Ordinary
16 **Debtors**
Trade debtors
Other debtors
Prepayments and accrued income|**Fixtures,**
**fittings and**
**equipment**
**£**
37,847
37,847
30,319
2,186
32,505
5,342
7,528
**% age of**
**shares held**
**%**
100
**2021**
**£**
6,025
15,895
3,000
24,920|**All weather**
**£**
107,205
107,205
107,102
101
107,203
2
103
**Investment**
**in**
**Subsidiaries**
**£**
100
100
100
100
**Capital and**
**reserves at**
**end of the**
**relevant**
**year**
**£**
(3,903)|**Total**
**£**
145,052|
|---|---|---|---|
||||145,052|
||||137,421
2,287|
||||139,708|
||||5,344|
||||7,631|
||||**Total**
**£**
100|
||||100|
||||100|
||||100|
||||**Profit/(loss**
**) for the**
**relevant**
**year**
**£**
(9,256)
**2020**
**£**
4,997
15,118
-|
||||20,115|
Page 16
**Tottenham Community Sports Centre Notes to the Accounts**
## 17 **Creditors:**
|17 **Creditors:**|||||
|---|---|---|---|---|
|amounts falling due within one year
Bank loans and overdrafts
Trade creditors
Other taxes and social security
Other creditors
Accruals and deferred income||**2021**
**£**
315
1,892
2,641
262
3,000
8,110||**2020**
**£**
2,332
3,640
-
1,607
3,000|
|||||10,579|
||||||
|18 **Movement in funds**
**Restricted funds:**
**Unrestricted funds:**
**General funds**
**Revaluation Reserves:**
**Total funds**
19 **Analysis of net assets between funds**
Fixed assets
Investments
Net current assets
20 **Reconciliation of net debt**
Cash and cash equivalents
Net debt|**At 1 April**
**2020**
157,361
157,361|**Incoming**
**resources**
**(including**
**other**
**gains/losses**
**)**
**£**
256,718
256,718
**At 1 April**
**2020**
**£**|**Resources**
**expended**
**£**
(226,721)
(226,721)
**Unrestricted**
**funds**
**£**
5,344
100
181,914
187,358
**Cash flows**
**£**|**At 31**
**March**
**2021**
**£**
187,358|
|||||187,358|
|||||**Total**
**£**
5,344
100
181,914|
|||||187,358|
|||||**At 31**
**March**
**2021**
**£**|
|||140,094|25,010|165,104|
|||140,094
140,094|25,010
25,010|165,104|
|||||165,104|
Page 17
**Tottenham Community Sports Centre Notes to the Accounts**
## 21 **Commitments**
## _**Pension commitments**_
|**_Pension commitments_**|||
|---|---|---|
||**2021**|**2020**|
||**£**|**£**|
|The pension cost charge to the company|||
|amounted to:|1,647|1,780|
Page 18
**Tottenham Community Sports Centre Detailed Statement of Financial Activities**
## **for the year ended 31 March 2021**
|**Income and endowments from:**
Donations and legacies
Sundry donations received
Charitable activities
Sports membership and sport
facilities hire
Other facilities hire
Sport and well being community
grants
Other trading activities
Car boot sales and other
fundraising activities
Car park facilities
Canteen
Investments
Interest receivable
Other
Government support grants
**Total income and endowments**
**Expenditure on:**
Costs of other trading activities
Canteen
**Total of expenditure on raising**
**funds**
Governance costs
Accountancy fees
Legal and professional
**Total of expenditure on charitable**
**activities**
Other expenditure|**Unrestricted**
**funds**
**2021**
**£**
4,393
4,393
23,740
66,220
52,750
142,710
-
6,665
-
6,665
27
27
102,923
102,923
256,718
-
-
-
3,000
-
3,000
3,000|**Total funds**
**2021**
**£**
4,393
4,393
23,740
66,220
52,750
142,710
-
6,665
-
6,665
27
27
102,923
102,923
256,718
-
-
-
3,000
-
3,000
3,000|**Total funds**
**2020**
**£**
1,155|
|---|---|---|---|
||||1,155|
||||123,641
85,693
-|
||||209,334|
||||15,714
52,725
1,626|
||||70,065|
||||109|
||||109|
||||-|
||||-|
||||280,663
918|
||||918|
||||918
3,000
1,012|
||||4,012|
||||4,012|
Page 19
## **Tottenham Community Sports Centre Detailed Statement of Financial Activities**
|Bank loan and overdraft interest
payable
Employee costs
Salaries/wages
Employer's NIC
Pension costs
Staff welfare
Premises costs
Rent
Rates
Light, heat and power
Premises cleaning
Premises repairs and
maintenance
General administrative costs,
including depreciation and
amortisation
Depreciation of Fixtures, fittings
and equipment
Depreciation of All weather
Bank charges
Equipment leasing and hire
charges
Equipment repairs and
maintenance
General insurances
Advertising and promotion
Computer and software
Stationery and printing
Subscriptions
Sundry expenses
Telephone, fax and broadband
**Total of expenditure of other costs**
**Total expenditure**
Net gains on investments
**Net income**
**Net income before other**
**gains/(losses)**
Other Gains|6
6
118,992
3,497
1,647
909
125,045
5,500
6,458
23,657
10,037
20,711
66,363
2,186
101
153
4,724
10,266
7,473
1,460
941
1,028
205
2,866
904
32,307
223,721
226,721
-
29,997
29,997
-|6
6
118,992
3,497
1,647
909
125,045
5,500
6,458
23,657
10,037
20,711
66,363
2,186
101
153
4,724
10,266
7,473
1,460
941
1,028
205
2,866
904
32,307
223,721
226,721
-
29,997
29,997
-|-|
|---|---|---|---|
||||-|
||||136,831
5,719
1,780
1,349|
||||145,679|
||||12,000
1,486
35,506
7,461
32,704|
||||89,157|
||||2,491
102
-
4,332
7,931
7,301
-
2,335
1,746
2,793
4,103
1,137|
||||34,271|
||||269,107|
||||274,037
-|
||||6,626|
||||6,626
-|
Page 20
**Tottenham Community Sports Centre Detailed Statement of Financial Activities**
|**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|29,997
157,361
187,358|29,997
157,361
187,358|6,626|
|---|---|---|---|
||||158,079|
||||164,705|
Page 21