|Reports||
|---|---|
|Referenceandadministrativeinformation|1|
|Trustees'report|2|
|Statementoftrustees'responsibilities|9|
|Independentauditor'sreportonthe||
|financialstatements|10|
##
|Financialstatements||
|---|---|
|Statementoffinancialactivities|14|
|Balancesheet|15|
|Statementofcashflows|16|
|Principalaccountingpolicies|17|
|Notestothefinancialstatements|21|
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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|
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|Donationsandlegacies|||
|---|---|---|
||2022|2021|
||£|£|
|Donations|2,956|10,732|
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|Charitableactivities|||
|---|---|---|
||2022|2021|
||£|£|
|Grantsincome|158,163|56,928|
|CoronavirusJobRetentionSchemeincome|11,197|21,902|
||169,360|78,830|
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|Investmentincome|||
|---|---|---|
||2022|2021|
||£|£|
|Interestreceivable|11,014|18,463|
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|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|
##
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||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|
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##
|||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|||