## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## # 01/12/2021 |||**`2021`**|**`2020`**| |---|---|---|---| |||**Unrestricted**|**Unrestricted**| |||**Total**|**Total**| ||**Note**|£|£| |INCOMEFROM:|||| |Donations|1|10,732|4,664| |Charitableactivities|2|78,830|293,565| |Investments|3|18,463|30,154| |Total||108,025|328,383| |EXPENDITUREON:|||| |Charitable activities|4|286,658|406,322| |Total||286,658|406,322| |NETEXPENDITUREAND NETMOVEMENTIN|||| |FUNDS||(178,633)|(77,939)| |Fund balancesat 1 April||2,731,118|2,809,057| |FUNDBALANCESAT31 MARCH||2,552,485|2,731,118| ||**Note**|**2021**|**2020**| |---|---|---|---| |||£|£| |CURRENTASSETS|||| |Tangible assets|9|1,272|1,276| |CURRENTASSETS|||| |Debtors|10|21,725|67,441| |Cashat bankandinhand||2,597,344|2,735,310| |||2,619,069|2,802,751| |CREDITORS: amountsfalling duewithin|||| |oneyear|11|(67,856)|(72,909)| |NET CURRENTASSETS||2,551,213|2,729,842| |TOTALASSETSLESSCURRENTLIABILITIES|||| |||2,552,485|2,731,118| |FUNDS|||| |Unrestrictedfunds:|||| |General funds||2,543,544|2,719,529| |Designatedfunds|12|8,941|11,589| |||2,552,485|2,731,118| ## |||**Charity**|**Charity**| |---|---|---|---| |||**2021**|**2020**| |||£|£| |**Cash flows from operating activities:**|||| |Netcashused inoperatingactivities||(156,311)|{15,937)| |**Cash flows from investing activities:**|||| |Interest frominvestments||18,463|30,154| |PurchaseofEquipment||{1,430)|{1,312)| |Proceeds fromsaleoffixed asset||1,312|| |**Net cash provided by investing activities**||**18,345**|**28,842**| |**Change in cash and cash equivalents in the reporting period**||**(137,966)**|**12,905**| |Cashandcash equivalents atthebeginning ofthereporting|period|2,735,310|2,722,405| |**Cash and cash equivalents at the end of the reporting period**||**2,597,344**|**2,735,310**| |**Reconciliation of net expenditure to net cash flow from**|||| |**operating activities**|||| |Net expenditureforthereportingperiod||(178,633)|(77,939)| |**Adjustments for:**|||| |Interest frominvestments||{18,463)|(30,154)| |Depreciation||450|36| |Decreaseindebtors||45,716|61,816| |(Decrease)/lncreaseincreditors||{5,053)|30,304| |Gainondisposal offixedasset||(328)|| |**Net cash used in operating activities**||**(156,311)**|**(15,937)**| |**Analysis of changes in cash and cash equivalents**|**2020**|**Cash flows**|**2021**| ||£|£|£| |Cashat bank|813,387|(30,169)|783,218| |Short term deposits|1,921,923|(107,797)|1,814,126| |**Total cash and cash equivalents**|**2,735,310**|**(137,966)**|**2,597,344**| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||DONATIONSANDLEGACIES||||**`2021`**|**`2020`**| |---|---|---|---|---|---|---| ||||||£|£| ||Donations||||10,732|4,664| |2|CHARJTABLEACTIVITIES||||**`2021`**|**`2020`**| ||||||£|£| ||Grantsincome||||56,928|293,565| ||CoronavirusJobRetention Scheme income||||21,902|| ||||||78,830|293,565| |3|INVESTMENTINCOME||||**`2021`**|**`2020`**| ||||||£|£| ||Interestreceivable||||18,463|30,154| |4|CHARITABLE|||**Grant**|**`2021`**|**`2020`**| ||ACTIVITIES|**Staffcosts**|**Other costs**|**funding**|**Total**|**Total**| |||£|£|£|£|£| ||Funding young peoplein|||||| ||sport|223,624|5,270||228,894|293,612| ||YouthSportTrustgrant|||||| ||funding|||||49,850| ||Supportcosts|28,076|29,688||57,764|62,860| |||251,700|34,958||286,658|406,322| ||||||**`2021`**|**`2020`**| ||Analysis ofsupportcosts:||||£|£| ||Governance||||37,358|36,977| ||Officeexpenses||||20,406|25,883| ||||||57,764|62,860| ## |||||**2021**|**2020**| |---|---|---|---|---|---| |||||£|£| ||**Total expenditure includes:**||||| ||Auditorsremuneration||||| ||forauditwork|||7,800|6,600| |6|GRANTSPAYABLE|**Unrestricted**|**Designated**|**Total**|**Total**| |||**funds**|**funds**|**`2021`**|**`2020`**| |||£|£|£|£| ||Grants toinstitutions:||||| ||Grant toYouthSport Trust||||49,850| ||||||49,850| |8|STAFFCOSTS|**`2021`**|**`2020`**| |---|---|---|---| |||£|£| ||Wagesand salaries|219,752|182,203| ||Social securitycosts|20,661|18,128| ||Pensioncosts|10,304|8,271| |||250,717|208,602| ## |||**`2021`**||**`2020`**| |---|---|---|---|---| |||**Number**||**Number**| ||Fundingyoung peopleinsportandgovernance|5||4| ||Thenumberofemployees whoseannual emoluments were£60,000 ormore were:|||| |||**`2021`**||**`2020`**| |||**Number**||**Number**| ||£60,001 -£70,000|1||| ||£70,001 -£80,000|||| ||£80,001 -£90,000|||| ||Pension contributions inrespect oftheseemployees amounted to £7,500 (2020: £6,922).|||| |9|FIXED ASSETS|||| ||TANGIBLEFIXED ASSETS|||**Computer**| |||||**Equipment**| |||||£| ||Cost|||| ||At 1 April2020|||1,312| ||Additions|||1,430| ||Disposals|||(1,312)| ||At31 March2021|||1,430| ||Depreciation|||| ||At 1 April 2020|||36| ||Chargefortheyear|||450| ||Disposals|||(328)| ||At 31 March2021|||158| ||Net bookvalue|||| ||At 31 March 2021|||1,272| ||At 31 March2020|||1,276| |10|DEBTORS|||| |||**`2021`**||**`2020`**| ||||£|£| ||Tradedebtors|5,766||51,057| ||Prepayments and accruedincome|15,959||16,384| |||21,725||67,441| ## |11|CREDITORS: Amounts fallingdue|**`2021`**|**`2020`**| |---|---|---|---| ||withinoneyear|£|£| ||Tradecreditors|21,408|32,596| ||Accrualsand deferredincome|40,641|35,169| ||Othertaxationandsocial security|5,807|5,144| |||67,856|72,909| |All financialinstrumentsaremeasuredatamortisedcost.|| |---|---| |Netmovementindeferredincome:|**`2021`**| ||£| |Balance 1 April 2020|29,580| |Utilisedduringtheyear|(28,261)| |Additionalincomedeferred|31,392| |Balance31 March2021|32,711| ||Balanceat|Utilised/||Balanceat| |---|---|---|---|---| ||1 April|realised|Transfer|31 March| ||2020|£|£|2021| ||£|||£| |MaldivesRowingProject|2,648|(2,648)||| |CalumJohnstonInternational|8,941|||8,941| |Scholarships||||| ||11,589|(2,648)||8,941| |||||---| ## ## ## |13|ANALYSISOFNETASSETSBETWEENFUNDS|General|Designated|| |---|---|---|---|---| |||funds|funds|Total| ||Fund balancesat 31 March 2021 arerepresented by:|£|£|£| ||Tangiblefixed assets|1,272||1,272| ||Currentassets|2,610,128|8,941|2,619,069| ||Creditors: amountsfallingduewithinoneyear|(67,856)||(67,856)| |||2,543,544|8,941|2,552,485| |||General|Designated|| |||funds|funds|Total| ||Fund balancesat 31 March2020arerepresented by:|£|£|£| ||Tangiblefixedassets|1,276||1,276| ||Currentassets|2,791,162|11,589|2,802,751| ||Creditors: amountsfallingduewithinoneyear|(72,909)||(72,909)| |||2,719,529|11,589|2,731,118| ||YouthSportTrust|YouthSportTrust|YouthSportTrust|YouthSportTrust| |---|---|---|---|---| ||||EnterprisesLtd|| ||2021|2020|2021|2020| ||£|£|`£`|`£`| |Saleofgoods inyear|7,266|7,351||| |Purchaseofgoods inyear|20,340|74,224||1,622| |Amounts duefromrelatedparties|5,766|||| |Amounts duetorelated parties|18,719|28,960|||