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2022-03-31-accounts
| Reports |
|
| Referenceandadministrativeinformation |
1 |
| Trustees'report |
2 |
| Statementoftrustees'responsibilities |
9 |
| Independentauditor'sreportonthe |
|
| financialstatements |
10 |
| Financialstatements |
|
| Statementoffinancialactivities |
14 |
| Balancesheet |
15 |
| Statementofcashflows |
16 |
| Principalaccountingpolicies |
17 |
| Notestothefinancialstatements |
21 |
14 October 2022
|
|
Unrestricted |
Unrestricted |
|
|
2022 |
2021 |
|
|
Total |
Total |
|
Notes |
£ |
£ |
| Incomefrom: |
|
|
|
| Donations |
1 |
2,956 |
10,732 |
| Charitableactivities |
2 |
169,360 |
78,830 |
| Investments |
3 |
11,014 |
18,463 |
| Total |
|
183,330 |
108,025 |
| Expenditureon: |
|
|
|
| Charitableactivities |
4 |
309,414 |
286,658 |
|
|
309,414 |
286,658 |
| Netexpenditureandnetmovementinfunds |
|
(126,084) |
(178,633) |
| Fundbalancesat1April |
|
2,552,485 |
2,731,118 |
| Fundbalancesat31March |
|
2,426,401 |
2,552,485 |
|
|
2022 |
2021 |
|
Notes |
£ |
£ |
| Fixedassets |
|
|
|
| Tangiblefixedassets |
8 |
795 |
1,272 |
| Currentassets |
|
|
|
| Debtors |
9 |
47,028 |
21,725 |
| Cashatbankandinhand |
|
2,453,356 |
2,597,344 |
|
|
2,500,384 |
2,619,069 |
| Liabilities |
|
|
|
| Creditors:amountsfallingduewithinoneyear |
10 |
(74,778) |
(67,856) |
| Netcurrentassets |
|
2,425,606 |
2,551,213 |
| Totalassetslesscurrentliabilities |
|
2,426,401 |
2,552,485 |
| FundsoftheAcademy |
|
|
|
| Unrestrictedfunds |
|
|
|
| .Generalfunds |
|
2,417,460 |
2,543,544 |
| .Designatedfunds |
11 |
8,941 |
8,941 |
| Totalfunds |
|
2,426,401 |
2,552,485 |
|
|
|
2022 |
2021 |
|
Note |
|
£ |
£ |
| Cashflowsfromoperatingactivities |
|
|
|
|
| Netcashusedinoperatingactivities |
A |
|
(155,002) |
(156,311) |
| Cashflowsfrominvestingactivities |
|
|
|
|
| Interestfrominvestments |
|
|
11,014 |
18,463 |
| Purchaseofequipment |
|
|
|
(1,430) |
| Proceedsfromsaleoffixedasset |
|
|
|
1,312 |
| Netcashprovidedbyinvestingactivities |
|
|
11,014 |
18,345 |
| Changeincashandcashequivalentsintheyear |
|
|
(143,988) |
(137,966) |
| Cashandcashequivalentsatthebeginningofthe |
|
|
|
|
| reportingperiod |
|
|
2,597,344 |
2,735,310 |
| Cashandcashequivalentsattheendofthereporting |
|
|
|
|
| period |
|
B |
2,453,356 |
2,597,344 |
|
2022 |
2021 |
|
£ |
£ |
| Netexpenditureforthereportingperiod |
(126,084) |
(178,633) |
| Adjustedfor: |
|
|
| Interestfrominvestments |
(11,014) |
(18,463) |
| Depreciation |
477 |
450 |
| (Increase)decreaseindebtors |
(25,303) |
45,716 |
| Increase(decrease)increditors |
6,922 |
(5,053) |
| Gainondisposaloffixedasset |
|
(328) |
| Netcashusedinoperatingactivities |
(155,002) |
(156,311) |
|
2021 |
Cashflows |
2022 |
|
£ |
£ |
£ |
| Cashatbank |
783,218 |
12,240 |
795,458 |
| Shorttermdeposits |
1,814,126 |
(156,228) |
1,657,898 |
| Totalcashandcashequivalents |
2,597,344 |
(143,988) |
2,453,356 |
| Donationsandlegacies |
|
|
|
2022 |
2021 |
|
£ |
£ |
| Donations |
2,956 |
10,732 |
| Charitableactivities |
|
|
|
2022 |
2021 |
|
£ |
£ |
| Grantsincome |
158,163 |
56,928 |
| CoronavirusJobRetentionSchemeincome |
11,197 |
21,902 |
|
169,360 |
78,830 |
| Investmentincome |
|
|
|
2022 |
2021 |
|
£ |
£ |
| Interestreceivable |
11,014 |
18,463 |
| Charitableactivities |
|
|
|
|
|
|
Staff |
|
Grant |
2022 |
2021 |
|
costs |
Othercosts |
funding |
Total |
Total |
|
£ |
£ |
£ |
£ |
£ |
| Fundingyoungpeopleinsport |
228,907 |
23,844 |
|
252,751 |
228,894 |
| Supportcosts |
28,637 |
28,026 |
|
56,663 |
57,764 |
|
257,544 |
51,870 |
|
309,414 |
286,658 |
|
2022 |
2021 |
|
£ |
£ |
| Governance |
38,057 |
37,358 |
| Officeexpenses |
18,606 |
20,406 |
|
56,663 |
57,764 |
|
2022 |
2021 |
|
£ |
£ |
| Staffcosts(note7) |
256,558 |
250,717 |
| Auditor'sremunerationforauditwork |
7,800 |
7,800 |
|
2022 |
2021 |
|
£ |
£ |
| Wagesandsalaries |
222,964 |
219,752 |
| Socialsecuritycosts |
23,019 |
20,661 |
| Pensioncosts |
10,575 |
10,304 |
|
256,558 |
250,717 |
|
2022 |
2021 |
|
Number |
Number |
| Fundingyoungpeopleinsportandgovernance |
4 |
5 |
|
|
2022 |
2021 |
|
|
Number |
Number |
| £60,001 |
-£70,000 |
|
1 |
| £70,001 |
-£80,000 |
1 |
|
| £80,001 |
-£90,000 |
|
1 |
| £90,001 |
-£100,000 |
1 |
|
|
Computer |
|
equipment |
| Cost |
|
| At1April2021 |
1,430 |
| Additions |
|
| Disposals |
|
| At31March2022 |
1,430 |
| Depreciation |
|
| At1April2021 |
158 |
| Chargefortheyear |
477 |
| Disposals |
|
| At31March2022 |
635 |
| Netbookvalue |
|
| At31March2022 |
795 |
| At31March2021 |
1,272 |
|
2022 |
2021 |
|
£ |
£ |
| Tradedebtors |
42,189 |
5,766 |
| Prepaymentsandaccruedincome |
4,839 |
15,959 |
|
47,028 |
21,725 |
|
2022 |
2021 |
|
£ |
£ |
| Tradecreditors |
34 |
21,408 |
| Accrualsanddeferredincome |
68,319 |
40,641 |
| Othertaxationandsocialsecurity |
6,425 |
5,807 |
|
74,778 |
67,856 |
| Allfinancialinstrumentsaremeasuredatamortisedcost. |
|
|
|
2022 |
2021 |
| Netmovementanddeferredincome: |
£ |
£ |
| Balanceat1April2021 |
32,711 |
29,580 |
| Utilisedduringtheyear |
(6,702) |
(28,261) |
| Additionalincomedeferred |
16,575 |
31,392 |
| Balanceat31March2022 |
42,584 |
32,711 |
|
|
|
|
Balanceat |
|
Balanceat1 |
Utilised/ |
|
31March |
|
April2021 |
Realised |
Transfer |
2022 |
|
£ |
£ |
£ |
£ |
| CalumJohnstonInternationalScholarships |
8,941 |
|
|
8,941 |
|
8,941 |
|
|
8,941 |
| Analysisofnetassetsbetweenfunds |
|
|
|
|
General |
Designated |
|
|
funds |
funds |
Total |
|
£ |
£ |
£ |
| Fundbalancesat31March2022arerepresentedby: |
|
|
|
| Tangiblefixedassets |
795 |
|
795 |
| Currentassets |
2,491,443 |
8,941 |
2,500,384 |
| Creditors:amountsfallingduewithinoneyear |
(74,778) |
|
(74,778) |
|
2,417,460 |
8,941 |
2,426,401 |
|
General |
Designated |
|
|
funds |
funds |
Total |
|
£ |
£ |
£ |
| Fundbalancesat31March2021arerepresentedby: |
|
|
|
| Tangiblefixedassets |
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 |
|
|
|
YouthSportTrust |
YouthSportTrust |
|
YouthSport |
Trust |
EnterprisesLtd |
|
|
2022 |
2021 |
2022 |
2021 |
|
£ |
£ |
£ |
£ |
| Saleofgoodsinyear |
8,088 |
7,266 |
|
|
| Purchaseofgoodsinyear |
17,269 |
20,340 |
|
|
| Amountsduefromrelatedparties |
2,329 |
5,766 |
|
|
| Amountsduetorelatedparties |
- |
18,719 |
|
|