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||||K|
|---|---|---|---|
|General|Fund||289,597|
|Restricted
Funds||||
||Racing to School Education|Prograrnrne|728.442|
||Racing Together||t8,455|
|Total|||10364II4|
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||||||General|Restricted|Total|Tolal|
|---|---|---|---|---|---|---|---|---|
||||||funds|funds|2020|2019|
||||||5|5|5||
|Income|||||||||
|Do nations and legacies|||||756|270,266|271,642|296,406|
|Income from charilabls
scfrvitiss|||||||||
|Fundraising
granls snd|other|||||195,298|245,073|367,929|
|In vestment
income|||||||||
|Bank interest|||||2,071|4,682|6,653|7,419|
|Total Income|||||52,602|470,166|522,768|671,754|
|Expenditure|||||||||
|Expsnditum
on chantabla|ac9vtgas:||||||||
|Grants and educational|adivitiso||||10,737|389,018|399,7SS|430,565|
|Cost ofgenerating
voluntary||||||42,197|42,197|62,344|
|conbibuticns|||||||||
|Total expenditure||||5|10,737|431,215|441,952|492,809|
|Nat income i(expenditure)|||||41WS|38,9S1|80,816|178,845|
|T ran sfam between funds|||||(49,775)|49,775|||
|Nat
income
f (expenditure)
~t in funds for the year||snd|nal|74|(7,910)|88,726|80,816|178.845|
|Total funds brought forward||||74|297,607|658,1'71|9SS,678|776.833|
|Total funds carried forward||||74|289,597|746,897|1,036,494|955,678|
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|||Year ended|Year ended|
|---|---|---|---|
||Afore|31 Deoember2020|31 December 2019|
|Flseri assets||||
|Tangible fixed assets|10|3,213|6,154|
|Current assets||||
|Debtors||16,600|12,202|
|Cash and cash equivalents||383A02|339,999|
|Investments|12|621,610|616,625|
|Total Current Assets||1,220,612|1,168,826|
|Llsbififies||||
|Creditors falling due within one year|13|(187mt&|1219,302)|
|Net current assets||1,033~1|949,524|
|Net assets||1,036r494|955,678|
|Funds||||
|Verestricted income funds|16|289,697|297,507|
|Restricted
income funds||746,897|658,171|
|Total charity funds||1,036,494|955,678|
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|The average
weekly
number
af persons
(excdudin
during the period was 10(2019:10).|g
Trustees) employed
by the Ra|cing to School|
|---|---|---|
||2020|2019|
|||2|
|Stslf costs (for the above persons)|||
|Wages and salaries|300,830|294,027|
|Social security costs
0lber pension costs|26,292
24,212|26.101
22,234|
||351,334|341,362|
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|alysis of|in|co|me||||
|---|---|---|---|---|---|---|
|||||||2019|
|||||||2|
|Donations|and||legaclesr||||
|-HBLB|||||260,000|260,000|
|-Donagons|||||21,042|35.406|
|-Legacies||||||1,000|
|Income from||charhable||activiees|||
|-Fundraising||and grants|||240414|324.464|
|-Other Incoming|||resouroes||4,859|43,465|
|Investment|Income||||||
|—Bank interest||||||7,419|
|Total|||||522,768|671,754|
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|alysis|of|costs o|fcharitable activities a|fcharitable activities a|nd generatin|nd generatin|g
voluntary
|contributions||
|---|---|---|---|---|---|---|---|---|---|
||||Activities||Grant||Support|Total|Total|
||||undertaken||funding||Costs|2020|2019|
|Activity|||directly||ofactivities|||||
|||||Note 6
f|Note|7
f|Note 8f|||
|Funding|allocation|||||||||
|Racing|to School||258,406||||82,755|341,181|391,472|
|education
programme||||||||||
|Racing|Together|||51,914|||38,140|90,054|88826|
|community||engagement||||||||
|Total|||310,320||||120,895|431415|480,298|
|Governance||costs|Note 9||||10,737|10,737|12.611|
|Tote
I|||310,320||||131,632|441,952|492,909|
|alysis|of|activities undertaken||directly||||||
||||Racing|Together|Racing to||Sohoai|Total|Total|
||||||educagon|||2020|2019|
||||||programme|||||
|Staff coals||||43,839|||175,196|219,035|215,301|
|Printingrdeveloprnent|||||||1,000|1,000|10,774|
|Vehicle|costs||||||19,681|19,681|11,426|
|Programme||delverr||8,075|||14.948|23,023|57,227|
|coals||||||||||
|Other ccats|||||||5,384|5,384|4,212|
|Fundrai|sing|IPR|||||42.197|42,197||
|Total||||51.914|||258.406|310~|361,284|
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|Allocation ofsupport cos|ts and overheads||||
|---|---|---|---|---|
|||2020||2019|
||Racing|Racing to|||
||Together|School|||
|||Education|Total|Total|
||f|programmef|f||
|Ralf costs|32,876|66,746|99,624|93,410|
|Property
coals
rr|2,136
284|4,342
577|6,480
801|6,640
2.363|
|Office ccats|290|586|878|2.810|
|Vehicle coals|1,810|3,676|5,488|5,942|
|Staffdevelopment
Travel
P~al material|50
239|1,242
485
435|1,292
724
435|2,395
533|
|Database||3,744|3,744|1,479|
|Depreciation|453|920|1,373|1,442|
||38.140|82,755|120,898|119,014|
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|Governance
costs||||
|---|---|---|---|
|||Year ended|Year ended|
|||31 December|31 December|
|||2020|2019|
|Net~outgoing)|resmeem Isstated sfhsr sherglngt||2|
|Auditcgs remunersgcn:||||
|Statutory audit||6,700|6,000|
|Other fees||||
|Legal advice and insurance||2,392|1,413|
|Consultancy
services||2,400|2,400|
|Truslae expenses and rneegng costs||245|2,798|
|||10,737|12,611|
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|fixed assets||||
|---|---|---|---|
||Computers|and|Total|
|||other||
||equipment
2|||
|Cosf||||
|At 1 January 2020|19.728||19,728|
|Addilicns||222|222|
|Diepcsa le||||
|At31 December 2020|19,950||19,960|
|Depreciation
At 1 January 2020|13,573||13,573|
|Charge for the year||3,164|3,164|
|Dispose le||||
|At 31 December 2020|16.737||16,737|
|Hef book value||||
|At 31December 2020||3,213|3,213|
|At 31 December 2019||6,154||
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|Debtors|||||
|---|---|---|---|---|
||||2020|2019|
|Trade debtors|||2,754||
|Other debtors|||9,812|2,426|
|Prep ayme itis|ertd accrued|iirto roe|3,034|9,776|
||||15,ISDD|12,2D2|
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|Investments||||
|---|---|---|---|
||||2019|
|95day nobce account||447,808|442,923|
|120day oogce accouitt||S02|302|
|3year flexible term deposit||373r400|373,400|
|||a21,510|516,625|
|Creditors: amounts|falling due within one year|||
||||2019|
|Other creditors||88,S18|106,5D8|
|Aocruals eod deferred|Income|118,913|110,794|
|||187,231|219.302|
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|Reconciliation ofmove|ment
ln accum|ulated
fund|s||||
|---|---|---|---|---|---|---|
||Fund|||||Fund|
||balances||||Gains|balance|
||brought|Incoming|Outgoing||encl|carried|
|Fund Name|forward|resources|resources|Transfers|basses|forward|
|General Funds|||||||
|General|297.507|52,602|(10.737)|(49,775)||289,897|
|Restricted Funds|||||||
|Racing to School Education|642,057|383,082|(346,472)|49,775|||
|P rag
ram ins|||||||
|Racing Together|16.114|87,084|(84.743)|||tge466|
||955.678|522,766|(441.952)|||1,036A94|
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||||General|Restricted|Total|
|---|---|---|---|---|---|
||||fundsf|fundsf||
|Fixed assele||||3,213|3,213|
|Cash at|bank|and investtnents|292,747|912,165|1,204,912|
|Other current||assets|2,850|12,750|15,800|
|Current|liabililies||(6.000)|(181,231)|(187,231)|
|||||748,897|1,038,494|
|At 31
leases|Deoernber 2020 Racing to Sc
as fofiows:|hool had total|cornmitrnen|
|---|---|---|---|
|||2020|2019|
|||Motor|Motor|
|||vehiclesf|vehldes|
|Expiring|within one year|18,951|16,815|
|Expiring|between one and five years|25464|23,468|
|||44,415|40,283|
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|etailed|below|||||||
|---|---|---|---|---|---|---|---|
||||Bates6Recherges|to|Administrsgvs|expenses|incurred|
|||||||from||
||||2020|2019|2020||2019|
|British|Horserscing|Authority|13,615|92,250|350,057||411,535|
||||Receivables|outstanding|Creditors|outstanding||
|---|---|---|---|---|---|---|---|
||||2020|2019|2020||2019|
|British|Horserscing|Authority|||66,122||106,832|
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