RewSter￿ Conwy No. 2994706
Re￿re0 awityNo. l(bM035
THE SOU1"HGATE SPORTS AND LEISURE TRUST
(A ￿MP￿Y Ilmited by guarantee aDd 00¢ having a share ¢Apltal)
ANNUAL RF.PORT AND FIIYANCIAL STATEMENTS
FOR THE YLIR ENDED 31 DECEMBER 2020

coNrENTS
Page
R¢port of t[￿te￿ and directors
llldependent examiti&3 rei
Stst¢ment of fiDallcial activities (and tti¢oti* a￿1 expenditurr account)
Balance sheet
Notes to thc financial stst¢tD¢Dts
10-16

CHAIRNIANIS REPORT FOR THE YEAR ENDED 31 DECEMBER 2020
It has been difficutt year for IM)th oftr* TrLst's main sowc¢s of incomtt Formwh of the >r4r the Southgate Ho¢k¢y
Cenire h&8 ￿en closed or operniing in a very restrict¢d way due lo Covi(L19. As a resuli the tsugt agre￿ ty waive the
rent from the Centse sinee the ¢nd of July. In addttsots. with thc tM)sty)nement of the t£*tMlon Marathon, sponsorship
inco1￿ rcceived thc tnarathon Gold Bonus Scheme for 2020 been wricd forward illto 2021 whcn it is
hop¢d the next mardthun will tskc place. although we would expect this to result in a slightly lower level or
sponsorship when the 2021 marathon is nm. Thc trust hLS continL*d ty receive sotne doDatiOts for th¢ Pre6ident's
Fund and for the P¢rfomwKe Acad¢my and has a websiie to publicise the ￿tiviti¢S of the tsusi and to enable
online donaiions to be rnade.
As pan of our Cost maDagenw procethm. thanks ￿ the efforts of both the forn￿ Tr￿￿Ter and our current
Treasurer we have successfvlly cliimed the appt(Ipriatr Covid-19 related government grants hs well as b¢n¢fitting
from the governm¢nVs bu5inc&s rat¢s IK•liday schctne. Tr gT8nts ￿Ve b￿n passed w Southgate Hockey Centre in its
rol¢ as thc main op¢ratin8 compaDy.
ri was not Possible to Add io the pi¢h replaeemenl fund during the year, a lower Icvel of use, the life of the
pitch C&￿ets may be lollger. A decision was also made earlier itt the pr to instsll CCTV at the Centre. FortyJnat¢ly
this w85 competcd just bcfore the first in March WMI was extrewniy us¢ful in allowing u$ to monitor
security of the sit¢ remotely.
At ihr board mcetin8 ill J4nu&ry 2020 w¢ Wr￿ pleas￿ to •ppoini three n¢w dIT￿torS. At the AGM in July. Keith
Lcwi5. our long ¥¢at)ding Tr¢&wTer reiired from the board and Htsw￿d Clayden w&$ ￿p￿1n1¢d our new Trwurer.
Our thanks 80 to Kcith for his outstatKlin8 contributt'ort th the TnBt. H¢ Jou*d the board in 1996 and had bee
Tr￿urer sitt¢¢ 200S.
Despit¢ the re8triction8, our a¢iiviiie8 contirn% w focus on the lo¢•] ¢0MJ￿ty. When p¢rnittted South8ate H￿k¢Y
Centre Conlinues to offrr free or reduced rate u818e of their pitche$ to the locaj school$ aod after-school clubs,
although the abilty to do this in 2020 was severely restricted by the pfiNkrn'e. Th¢ PerfOrn￿¢t Aethy ¢ontinue8
to It￿ctiOn and we look fotivard to 8TowJng this furthry in 2021.
The numbers at South8atc Hockcy Club, the mlin user of the f&ciliry. wntinuc h) incrcw. "Back to Hockey" targ¢teil
at the 20 to 50 agc group has prodU￿d a good Dumb¢r of new mcmbers r¢suiting in Jdth'tioDal meLs t¢arns, which
includes fHthcrs and son8 playing in the same t¢8m. whilst junior Hockey wntinueB trj thn"ve. Whilst thc
•ctivitte5 are larB¢ly s¢]f.fi*, th¢ ttitst collliDues to swrt ¢othD8 aNI oulreath to l(Kai sclKJol$ •where
appropriate.
The continu¢d impact of Covid-19 on future ￿￿"V1￿¢S al￿ e4rnw8S IS still d￿¢ll1t to asccrtain but with the roadrllap
for the openirtg-up of Rstriction5, includin8 for ¢1th 5POrts and training xtivitics. there is a greater degree of clarity
than there w&8 a year a80. Flowrver, the of thc South8ate Hock¢y Centre ￿ntInue￿ to be werely reslrictcd into
2021. thc appropriate ￿fety mcasures were put in place in early 2020 ￿ saft8uard staff and users and Continue in to
bc in pl¥e. The Trustres. Dire¢tOTS 8￿j will ¢ontinue to CardullY￿1￿+r th¢ revell￿ and costs ofth¢ Tn
and will take any appropriate acts"OTLS as ihe Situation becorncs clearer.
A J S￿tt Kmgbt
5 July 2021

RIPORT OF THE TRUSTEES AND DIREcfoRS
for the year ended 31 Deetmber 2020
Legal statss
The comp8ny is governed by its alld Articks of A$80¢iOtion and is a ¢onyny ]imit¢d by guarantee and
not having a share capital
Registered Cornpany No. 2994706
Regi$tered Charity No.
1044035
AlJnJ Ind obJ¢¢dv48
Tb¢ objectives for whi¢h the company is eutablisF*d are..
(a) To promote the ben¢fii of the iDthabilaDts of Southw¢ al￿ the Surrou￿ #rea (the are4 of benefit), schools and
educational estsbltsbniefjty clubs and other community groups in the area of F*Defit without distinctiott of %x.
g¢xual 0ricntst1o￿ w or of ￿litiCaL T¢ligious or other OPiDions"
(bl By asS￿latIng tOg￿ker the said tnh8bitsnts the volw otfrrtror8lnl￿l10￿s to advatte¢ ryjucation; and
(c) To provide aod io th¢ provi8ioD of ar￿ leiSwe-ti￿ 0¢w￿lOn with the obj¢¢t of in¥rovinB th¢
¢onditions of life of th¢ said inbabitants.
Pollcles adopted to projnots the *Jty objectfves
In pro￿0)￿8 its Aims and objextivas the comptny has in p)wer.
(81 To advan￿ ¢ducati¢)ll and awwene48 with re8ard to tl* bU￿fits of prticipAtiOn Lll SP)rttD8 activities and to
¢ticoura8e &ppropriBt¢ trainiti8 iti thM¢
(b) To en¢owag¢ inhabitaDts of th¢ al￿ of bettefit ith 8¢DmL aThl iti ptirtieul•T thos¢ th by rewo of youth, age or
oth¢r CirCun￿18t)¢¢8, b¥ve need of su¢b rn¢Ournge￿￿llt to ptirticipa* in T￿reAtion￿. srffttin8 And other leisur
time aeiivitie8
(c) To provide and supply the m¢4N such srAMting all1￿ health activiiies ll•y thke plaee, iwluding the
lairyng out and instsllation of S￿rts areas and the *ts¢M, alterntio4 eXte￿lOn or cr￿(10n of pgvtlioD8 or
othLY buildin85 and mat￿lenanCe of thc s
(d) To pmvide or assist in providm8 eoa¢biD8 and traintll8 iti SWtin8 other allied leiswe or beAIth activities
(e) To r&is¢ fimds, Putth￿ or l¢w property, invite aTh4 receive contnThution4 mbxriptions. th)n&tiow. grnnts aTrJ
oihcT property, wh¢ther subje¢t to any Special truBts or w provithd that the company Jlwll not at any titT
und¢nth 8ny penn￿￿[ trading ￿tiVIty.
Restrictto￿ actlvltle•
The company's objecti￿ 8hall not extend to th¢ trgulatioa of rdatiotis aDd ernploy¢r5 or
orgaTLlsatio￿ of wothr8. and or88Disalions or ¢mpkTryet&

REPORT OF THE TRUSTEES AND DIREcfoiL
ror tbe year ended 31 December 21120 I￿ntInued}
ED8urlng oir work delivers o
W¢ tEview our obJ"ectivts and adivitias eath year. This review look8 al wbat we a¢hi¢ved and the of
our work in ttK previou$ 12 months. The review helps us to eLq]re that our aims, objectives and activities remain
focussed our stated purtaws. We bavc tcferrryj ￿ldance conts1￿1 in t]K Clwity Commissioll's 8¢D¢ral
guida￿¢ on public when revicwiDg our ainks and objectives Y￿j in plantiin8 our fUtt￿ gctivities. In particular.
thc ttustees ¢OTL%ider how planned activitic5 will contnThute to the ain￿ and Objectiv￿ they have seL In tkn"s respecL we
have ¢omplied witb the Duty in Section 4 of the 2(M￿ Charitie5 Act to have duc regard to 8uidanee published by the
Charity Commission.
Charlty Truittu •nd Dtreeto
AJ Scott Kni8ht (Ch8irnj￿I
KM Lewis (Tre8surer- ￿Signed 7th July 2￿20)
CHJ Clayd¢n rfrca8urer- apw>inted 20th J8nuary2020)
NC Hod8SOn
JC Seymour
MJ M¢Donnell
D l.loyd-WilltatL8 (appointed 20th J8nuary 2020)
WP Hargrove (gppoiti*d 20th January 2020)
Advlgorg aThd other releva#t
Bwther8
Inve8tnwnt mana8¢r
Independent exAminer
. National W¢8tini* Bank pk
- T Muny¥d
Ory*nl¥#do
The B(Mrd oJMana8emeKI
The bu8in¢8s of the company is by the Board of M8nagcn%nt whtch of the TnJstee$ and Duectoty of
the company. No person sh￿1 servc &$ a n*mber of th¢ Board or otlknvsie acl on bebaif of thc company unlc5s that
pcr50n shall b¢ admitted &% a mcmber of the coxwy.
The Board st￿[ consis( of llot1¢58 than five persoN Th)1 ll￿re than ten of whi¢h iwo Board members shall be
oppointed by the Board ty be Chairn)&D and Trea8ur¢r. Ouc of the etsLt¢d Bow)1 u¥y b¢ appoitited by th¢
Board as Vice Cha]"rrn4n if the Boatd sb411 $0 Molve.
The Board m•y appoint a MaDag¢r of the ¢ompaDy. mlly C{￿ tw to three memtrws to the Board and may delegate
any of its powen to corniittees consistsn8 of such board rllemkn tO8cther with such othct persons as li shall think
fil.
No rtrrnber of thc Board of Matkagcment shall be aptKJtntrd to anyoffice of the conw paid by 5alaryor fe¢$ or
rcceive any remuneration or other benefit from the c4Kt¥w.
EIectionproced￿ts
At the At)nual Gener81 Meeting L¥ch yE8r, one thxrd of tr clected Board cxc¢pt th¢ Cbairnw Ind the
Ticasurcr, slmll ￿tI[¢ fromoffice a￿1 otc cligibl¢ for tc<leclim The of the Board to retire sh￿1 be tho
who have been long¢st in office since their last elLYtion or3ppoiTrttM)L
E&¢h Mern￿r of the company may ttimiDatC UDdidatc as a Board aTrJ be sent
the regi'stered officc of the ¢on4Mny on or Wore datc as the B08rd may stspui¥*. Candid￿c5 necd noi be

REPORT OF THE TRUSTEES AND DIRE￿ORs
For the year ended 31 December 2021) (¢onthiued)
Revlew of letlviti
As outlined in the Chainw's repory it h#8 been a difficult year for the Con4￿Y with of its sowces ofitto)me
restricted by the panknic. As a result, no filrther collthkntiODS to the sinking fulxl ￿tre possible thm.ng the year.
However, the TnLSt ¢olltinu&s to matntain and where TMMible improve the faeilitits at TTeJJt Park and during 2020
ccrv was itistall￿ at tbe Southg8te Hockey Cthtr¢.
During 2020 woTk was also ¢ollyleted to the C* hwl its ind4￿t ￿rsUppfy tHther than being
billed by the ow]ers of our freehold Berkel¢y Homes.
Discussions Lyjntinue with BeTkelry How aTMI EDfield BIKou8h COU￿1] on •TT8Dgw￿ for the ongoin8
Flrt*nCI￿ r¢vlew
The eompaty$ fu￿￿781 stst¢rnts for the year r¢fiect the of the activities UTMI
Dut?ll6r 2020, due to Coviik19 the company's SOU￿¢8 of wexe r¢stridrt ￿leh resutted in a Sm￿] loss for the
yeer, However. the company maintai￿$ si8nifi¢4nt ra￿rV&S aTrJ ￿ the end of thc year th¢ Tn￿le¢S and Dir¢ctotE are
tisfied that the reserves atld cash aThl investment i)ositioD of the conwany Irc adequat¢ to en&ble to ¢¢mwany to
¢oniinuc io fulfil its Jinks and objedives. lryl¢ed, It was IM)￿1 that despite the ecO￿lm]r Tn4iact of the pandemic. the
value of the ¢OTnpan￿S inVestn￿l portfolio gett￿llY ro8¢ slightly durin8 th¢ y¢ar. The m&in areas of ¢oncem rclat¢ to
the titneycal¢ for replacement of c¢rtain asm which will ne¢d ￿ be reas5¢5s￿ a¢cordm8 to the roadmap ftsr
reopening thc Centre aDd the retsted rt¢overy ofthe ¢omp•tys reveoues.
Cov1&19
The imp￿¢ of Covid.19 on futtre eorDiDgs is still difficult to •¥￿7￿ bw with I￿kdOwn r*ictiOAS bein8 eased and
the pitches and Club￿)uSe at the Centre slowly rdwntng to ￿ ￿Be. 1¢ is foreseen that revenues will ￿￿u￿lY
start to irtereL%e from the middle of 2021. However, the eoTfW ￿ntin￿S to carefi￿lY llThitor its revettue streAms
nd will ¢ontinur to mana8e Lts cost ac¢ordin8]y as r¢quired on an owing b￿ls.
RI8k m*nAiémtht
The Board hv¢ assessed the major ri8ks ￿ ￿￿'¢b the ¢P￿rity is in Ixrtiththose related to t￿ operations
8nd fEn3nc¢B of the eA)mp8ny And are gatisfied S￿￿9 in plxe to rniti8gle our ¢xp[￿re to the mRjor ri8k&
Investment Pollry
The company owttq the I¢¥8d￿ld pmwy from which it opffthe8 Im a 125 year lease which expires in 2127. Thr
Board believes that the market valu¢ of this ptoperty is likely to b¢ higher than the ealrying value, glven that th¢
barity has held the prom for & number of ye•¥ aThJ th¢ ￿ward trend of property pri¢es over thatperiod. Long
t¢rn] inv¢5tmcnts are rnadc in th¢ st￿k llwkct throu8b invesuneni maDa8ers. SuTrlus ush funds arc plac¢iY ¢)n interest.
bearing d¢posit&

REPORT OF THE TRUSTEES AND DIRECTORS
for the year endtd 31 De¢ember 2020 (t4)ntinued)
Reserv￿ Pollry
Th¢ Board aims to keep 4 modest level of Teserw sllffici¢nt in tbetr vi¢w to e￿SU[e that the Trust C￿ ¢ontinue to
operate for a re&sonable pertod slKJuld levels of volunl¥ry iTKome b¢￿me i￿SuffiCIent to swort ongoing
commitrncDts. This is ¢alculated to be £IOO.O(K). The unrestrieted funds not rePr¢%￿ted by fixed &sscts or designatrd
tiinds amounted to £130,218 ai 31 December 2020 (31 Dccember 2019.. £116.683) which is in line with policy. The
Board bas reviewed thc de8ignatcd fimds ond ]% satisficd that thry are consist¢rti with the needs of the Trust. The
poIi¢y is reviewied ￿UallY by th¢ company.
Ststement of dlrectors, r¢gpoAsAbllltl
The directors are respotksible forpreparin8 the DiTectorf R¢port arwj the fintyial slatements fftn accordanee with
applicable law and regulalions.
directors hav¢ ¢lKkd to prep4T¢ the finwKih] stst¢rnents in thtKQTdI￿C with Unltcd KiD8dom Oenernlly A¢¢epted
A¢couniirtB Pra¢tice (UK Aecounting Starthirds and 4ppliublc taw). Utsd¢r ¢ornpany law, the dircctors must rtot
8pprov¢ the finan¢ial 8tatcments ￿￿¢$$ th¢y arc satisfie4J Iky give a tru¢ and fair view of the SI￿ of the affairs of the
cort2pany and of ihe profit OT loss of the cornpany for period. In preparing tIKse financial stat¢mcnLs thc dircctors
are reuqir¢d to..
¥¢l¢ct suitable a¢¢ouniing poli¢i¢8 8lld thcn appty consistentty.
makc jUd￿¢nts and cslimat¢s that arc reasonable and prttht,.
8t&te whdher thc policies adopted are ID ￿￿rd￿ with th¢ Clwities SORP 2015 (FRS 102) and wrytb
applieablc IIK accountin8 $10nd￿d& $ubje¢t lo any nwt¢rid disclo8ed and ¢xplainrA in the finanGial
statements,.
prepAr¢ the financia] 8iai¢rnents on the ￿]￿8 b&8ii unless 1¢ is iMppropriat¢ to preswne that the
¢on]pany will continue iti business
Th¢ d￿¢¢tOrS art responsible for keep￿ odequ&t¢ accountsn8 rxords that ar¢ wffi¢icnt to SI￿ and ¢xplain th¢
¢¢)Mpan￿5 ITansactions and disclos¢ with Te&8onablc accwacy ai any linx the financial position of the c(Jmpany and
cnable thcm io ¢nsure th&1 th¢ financial ststcmcnts comply the Companies Act 2CQ6. Thcy are also reipon5ible
for %afc8uardin8 the ￿ets of th¢ ¢OrnP8Dy and hen¢e for takin8 te880n•blc 8t¢ps for the pr¢vention and dctcction of
rraud and oth¢t irre8ularities.
Exemptlon from Audlt
The charithble ￿MpanY is exempted from tk requirer￿lts foran gudii under the pmvi8iong of the CompAnies Act
2(K)6.
Small tomp*ny provlsloDI
This report has becn prepared in accordance with the wiai provisio1￿ relating to ￿MpAnIeS 5ubje¢t to the 8m*ll
companies rc8im¢ ￿thI￿Part 15 of th¢ Companies Act 2LM)6. li approv￿ by the board 5 July 2021 and siBtted
on its behalf.
CHJ Clayden
Trustee Director
R¢gi8lered offic¢..
Southgate.8ports atsd L£i5ure T[￿$t
Southg&tt Hock¢y CentrE Trent Park
Hertfordshir¢
EN4 OPS

INDEPENDENT EXAMINER'S REPORT TO THE DIREcfoRS ON THE UNAUDrrED ACCOUNTS
OF THE SOUTHGATE SPORTS AI¥D LEISURE TRUST
I report on the fil￿￿la1 SW¢rnents of The Southgat¢ Sports & I£Asure Trust ("the chariW) for the year ¢nd¢d
31 December 2020. which are set out on pages 8 to 16.
Respective responsibiliiies of trnStees aDd ellmkntr
The tnjstees (who are also th¢ dire£tsts of the company for the purtK)ses of company law) are responsible for
the preparntion of the finan¢ial sthtallents. Th¢ trugtee5 coLsider that an audit is not requir￿ for thts year
undw s¢GtiOD 144(2) of the ChaTiti&8 Aa 2011 (the 2011 Aa) and an mdependent exami￿0￿ is needed.
HY4vin8 satisfied myself that the Chariry is not subject to audit utider ￿npanY law and is eligible for
indep¢ndent examinatio￿ it is my respo￿ll1ty to:
exomtn¢ the financial stJt¢m¢nts under sethion 145 of the 2011 A¢¢"
follow the proc¢dure5 laid down in the General Dir¢¢tions given by the Charity Commission ￿￿er wtion
145(5)(b) of th¢ 2011 Act. and
to State wh¢ther particular D]aNers have ¢om¢ to my anenti¢)n.
Basls oflndependent examln¢r'$ report
My examinauon was carried out in accordanc¢ with the General Directions given by the Charity COMMI￿10n.
An ¢xaminaiion includes a review of the accounting records kept by the charity and a eompaTiSOO of the
financiai statements prtsented with thos¢ records. li also includes coLsiderntion of any unusual items or
disclosur¢5 in the fllwjcial ststements, and seeking explanations from you as trustees concernin8 any such
matters. The procedures undertaken do not provide all the eviden¢e that would be required in an audit and
¢orts¢quently no opiniort is given a8 to wh¢th¢r th¢ finaDcial sthtem¢nts present a'true and fair view. and the
report ig limtted to those matter5 3¢¢ the statement below.
Indep¢ndent examlDer'• ￿￿1£￿t￿l
In conn¢¢tion with my examinatio￿ DO mati¢r has ¢orne to my atterrtion..
{1) which 8iYe8 me re&sonabl¢ ￿U5¢ to beli¢ve that in aDy n)awiaI resm the r4uir¢m¢nts:
io keep accountin8 record$ in accordance with section 386 of th¢ Companies Act 2006. 8nd
to prepare fllwicial statements which a¢¢ord with the accounting records. comply with the #cwuntin8
requirernents of the Companies A¢t 2006 and with the m¢thods and principles of th¢ Statement of
RKomm¢nded Prlldicc.. A￿0￿)¢1￿8 and Re￿lIn8 by Clwiiies bav¢ not been or
{2} to Wht￿ iti my Opinio￿ attention should be drnwTr in order to enabk a proper understandin8 of the
financial statements to be reacbed.
T Munyard
140 Wood Street
Barn¢t
EN5 4DA
Date
5th Ju]y 2￿21

STATEMENT OF FINANCtAL ACTivfnL8
(Ind IDCOll)e and expeDdl¢￿t a¢¢oum¢)
for the year ellded 31 December 2020
Note Unrestricted
ReBtrieted
Funds
TotAI
2020
Tfj
2019
In¢oD
Donatlons and legad¢x
Incoll* from charltable actlvldes:
Rent rcceivable
InveJtment
6J99
6.538
12.937
26.502
34.173
7.977
34.173
7.977
57,562
8.115
To¢81 Incon
48.549
6.538
55.087
92.179
Expendlture
Cost of T*blng fundi:
Fundraising L￿d publicity
Exp¢ndltthrt on ch*rl¢able *ctlvltks:
Direci Charitsble Expenditure
1,650
(31.608)
140.183)
(71,791)
97.933
Total expendlture
(31,608)
(40.183)
(71.791)
99,583
Net gAIn￿o0$s¢S) on l•ve8tmeA
Re4liscd {108s) on Inv￿tMent a58¢ts
Unre41ised gain on inyesthxnt a88ets
(434)
9.878
(434)
9,878
{317)
45.103
Net I￿¢￿￿￿(¢xpeTrdltUre) and net D￿veMent
In furtdy for the yeAr
26J85
(33.645)
17260)
37.382
Re¢oD¢lllgtlon of fvnds
Tot#1 fund5 bTOU8ht fonvard
720275
344.463
1.064.738
1,027.356
Tot81 funds eArrled forward
746.660
310,818
£ 1.057,478
£ 1.064,7311
The sthternent of financial ￿]VitieS In¢hth all gaiw lossu recogni8ed in the y#r.
All income and expenditure d¢rive from cotttaDUiD8 activities.
The notes on pages It￿10 forni part of fi[w￿l81 ststements.

BALANCE SHEET
As *t 31 December 2020
Not
31.12.21120
31.122019
FIXED Assrrs
Tangible assets
rnvestments
494.659
355,837
546.367
345,937
CURRF,NT ASSETS
850,490
892,304
DebtOTS
Cash at bank aDd in hand
io
4.988
216,620
5.279
171.765
CREDITORS: AMOUNTS FALLING DUE
WITHIN ONE YEAR
221.608
177.044
(14,626)
(4,6101
NET CURREwf ASSETS
206.982
172.434
TOTAL ASSETS LESS CURRENT LIABILITIES
.057,478
1,064,738
NET ASSETS
£ 1.057.478
£ 1,064,738
THE FUNDS OF THE CHARITY
Unrestrictrd income
Re5tri¢ted iftcome funds
14
14
746,660
310,818
720275
344,463
TOTAL CHARITY FUNDS
£ 1.057,478
£ 1.064.738
Dlreetori, st4tements In aetordan¢e Twlth the Compaolu Acl 2006 (the Act)
The dir¢ctoTr considcr that the company 15 etstiil¢d to ¢xemwion ftom Ihe requirn to b&ve Jn audit under the proirysions of
8.477 of the Companies Act 2(rf)6. Members have noi rcqwred the cornpany. under s.476 of th¢ Companieq Act 2006 to ohtsin
an audit for the year end¢d 31 D¢¢¢mber 2020. The d￿kn[s acknOWl￿ge thEir resporLsibiliti¢8 for ensurin8 that the company
k¢eps accounting records which comply $.386 of the Conyies Act 2006 and pr¢paTing financ1￿ ststcments wfii¢h gJ'v¢
true and fair view of the 8¢ate of affair5 of the company &4 al 31 DecemE¢r 2020 and of its loss for the year then eTrlcd in
￿￿ordanCe with 3.396 and which othetiwis¢ COr￿lY with the requirements of the kn relatin8 ￿ the financial 8tatemettts, $0 taT
as applicable to the company.
The financial statements which have been prep8r•J in accordattce with the special prowsions reJAun8 to companie5 subjeci
thc 5m&ll ¢ornpanies regIn￿ Part 15 of the cOn￿anieS Act 21116 were approved by the tmwd OD 5 July 2021 and are
signed on its behalf.
AJ Scott Km8bi
CHJ Clayden
T￿￿e3 and Dire¢tsTrrs
The notes on page$ I￿16 forni part of these financJa] stalements.

NOTES TO THE FINAI¥CIAL ￿ATEmElyTs
for the year 31 Dttember 2020
ACCOUNTING POLICILS
The principal a¢couDting p)licies adwe4 judgements kny ￿ of ￿n￿liOn in the
prepatation of the fiD￿claI ststc1D￿ are &% follows:
Basls of aecountlng
Staternent of Rttornn￿n￿ PTactic¢ aPp￿"thIe to than.tits pr¢patin8 theiT accowits in ￿ordanCe
with the Financ￿1 R¢porting Standard applicabl¢ in the UK Republtc of Ireland (FRS 102)
(effective l Janvary 2015)- (chariti￿ SORP (FRS IIY2)). thc Financial Rwrtins Stsndard applicable
in th¢ UK hnd R¢publiG of IrcJ&nd (FRS 1021 and the Cowies Aa 2￿. The fiTwieia] Ststen￿nts are
prep8r&1 in sierling and arc routktsa to the r￿rest£
The Southgat¢ Srnrts aud Leisw¢ n]erts the d¢fim"ts"on of • public benefii eMtty UTth FRS 102.
Ass￿8 and liabilÈttes are initiatly rt¢wised at c(K# or tr8Ds&ction V&h￿ uttleu odKTrvise
statcd in the relevant a¢courth"ng wJli¢y Th)te(s).
Golng eontern
The ¢onJpany is a regi8tered cknityalld its activities •rt dryentht uwjn the fillbJin8 provided
voluntarily by donors. sponsors and Brani i￿)ng brmlies. The finaD¢i￿ statements bave been prepared on
the 80in8 coneern basis on the 8roun& the dirtttyrs are eonfid¢nt thot suGh fill￿1￿8 will e(Jntinue for
th¢ for¢3¢eablc ￿ture.
CAsh flow it*temeTht
As a 8th￿1 company. th¢ ¢ompw i• exe0W￿ from the to PTothxe A cash flow 8tat¢m¢ttL
Income
The V￿￿¢ of regOWR8, iM)th itKom¢ oTrJ w¥ital• amiDg to the aM)w¥ny are only Tt￿rded in the
Stakm¢nt of Financial Adivitics when it i$ Prudent and prxtiuble to do so. Any resouros which are
8ubJect to the sNti$f4¢tion of c¢rt•in c¢)nditiOA8 ar¢ FJD¢ reCO￿l￿d until wllth'tions have b¢¢n meL
Ineome received with specific re8tri¢ti(w as to its we by th¢ ¢owy are a110¢4tyJ to appropriate
roBtn¢ted fijndg.
All 8rant4 donation8 and voluntsry io¢om¢ are for 8rosJ wb¢n Tettivab
Other e4bendltsre
Expendinwe whicb is not of a capitsl nabJre is 51KFwll &8 a ￿le of Tf50urccs in the Ststcmcnt of Financi81
AGtivitics. Su¢h ¢Apcnditurc incurrrd ID the fi1rthe￿ of the compan￿$ choritsble objccts 18 treated a5
direct charithle ex￿11￿¢ and other cxpenditwe is sub4ivided bdwcen fjJnd ratsing alld publi¢iry Costs
and 5UPPOrt costs appropriate. Arty ￿ett￿e eX￿li￿re frotD a Testrictyj fi￿d i8 ￿lOcated as
an ouigoing resource of the fulld
10

NOTES TO THE FINANCIAL STATEMENrs
for th¢ yar eDded 31 De¢etthr 202(1
ACCOUNTING POLICIES IcofATINUED)
Ixed And depred*tlon
Fixed &5sets art capitslisf41 at cosL All itr1￿ over£2(Kl aTe capitalLqed.
Depreciation is provided to write off th¢ ¢0& le&% esti[rAt￿ ruidual valuo of all fixed asxts overtheir
expected usefid lives as follow5.'
Leasehold propety
Pavilion
Water borehole
Pitches
Fixtures. fittiDgB and eqlltp￿t
over the tm of tb¢ le4se
50 years
So years
10-20yews
5- 10 years
Inve*tn￿nli
Investments are sts*d at nJarkd value. Unreali8eAI 8•iM or IosKs ID the form of m￿ket value fluctyhtions
are taken to thc Ststerncnt of Fina￿181 A¢tivities.
Iniere8t on funds held on d¢posii is ill¢luded when rcceivabl¢ and the anw)unt cwj be rtwur¢d reliably
by the charity, this is nornwlly up)n notific4tion of the inlerest paid or payable by the Bank.
Fund a£¢ouTr¢ln8
Unrestricted fvnd$ are available to 4)cnd on activities thai fillther ony of the purp05e5 of charity.
Desiwted funds are unrcstricted funds orth¢ ¢harity which the dIrK￿r8 h&ve d￿]ded at th¢ir di￿re¢lOn
set 1sid¢ to use for a specific purpose. Re8tri¢ted fund8 tre dollations wbich the donor has specifi¢d
thre to be 801ely u8ed for wllwj￿4TCI1 of the T￿j￿.1 M)rk beiD8 undutskrn by th¢ Tn￿L
Debtors
PrcpaynKnts are val￿d at tk Fwepaid ne¢ of afty ts*Je discLMmts d
C44h At bAnk aThd In band
Cash at bank and c&qh in haThl iticltsd&4 e48h aThl short t¢rn? hI￿lY liqwd itivesti￿ts with a SI￿l matiLTity
of three months or le88 from the date of acquisition or Openi￿ of the de￿$1¢0￿ 8imi]•r a¢wunL
Credltor$ and pr•vI￿on•
Creditt>rs 8t￿ provisions 3r¢ r¢wgnised where the ctrwiry has a present obliB8tion rrw]tiDg from a pasi
event that will probably ttsult in the trnlls￿ of fiuJ¢ls to a third paty grMI the atnouni due to %ttl¢ the
obligp4tioa can be measured or estim￿ reliably. cr¢dIto￿ provisions are norn￿lly re0)80￿d
FinAllclAI InstrutneDts
The (n￿1 only h85 financial a88ets and financiai liabiliti&s of a kTnd th8t quajify as basic financial
instn]ments. B&Eic fllwicial Ir￿trUments gre initially reco￿1￿ at trdDsaction value and subsequently
measured at their settlement v8lu¢ with the exception of bfink108ns wkn.ch are ￿tty measur￿1 8t
mortised c05t using the effective inter&8t meth￿.

NOTES TO THE FINANCIAL STATEMENTS l¢oDtinued)
for tbe year eDded 31 Defember 2(1211
LEGAL STATUS OF THE TRusr
The Trust is a conwany limit&J by gyarantce and b&% Sha￿ capitsl wkn"¢h was inCor￿t7tcd in England and Wales.
The M¢Jnorandum of Asswiation statag the liabt]ity of is littuted to a ￿￿1￿UM contribution
of £1 in the event that the company should b¢ wouod ￿.
DONATIONS AND LEGACIFS
UArestrDrt¢d Restrlcted
fuDd$
ruBds
Total
2019
2020
Spon$oTsbip income
Income from donors
5,860
20,642
26,502
6J99
J99 £
6.538
6,538 £
12,937
12.937 £
20J9split
7.579
18.923
20.502
INVESTMENT INCOME
Total
20211
Total
2019
finds
nds
Dividendg received from listed invull￿ts
Bank and other inler¢s¢ received
7.544
433
7.977 £
7,579
536
8,115
433
7,977 £
20J9spllt
8.115
8,lJ5
Fuf4DRAISING AND PUBLICITY
Unrejtrfeted Ratrltted
Tot*1
2112
Tot*1
2019
London tw&thon bottd5
1,650
20Jg.¥plit
1.650
1.650
DIRECT CHARITABLE EXPENDITURE
U•restrkted Restricted
fwid$
Total
2020
Tot#1
2019
CoachirtB fees
Lease amortisati¢)n
tkpreci8ti(
Repairs and mainta)•n¢e
Supp)rt costs
245
81
39,857
245
129
66,319
445
4.653
71.791 £
17.090
129
63.621
2,558
14,535
97,933
26.462
445
4,653
31.608 £ 40.183 £
2019 $plit
40.905
57.028
97.933
12

NOTES TO THE FINANCIAL STATEMENTS {￿R*In￿e￿>
for tbe ye¥r ended 31 December 21J20
NET INCOMEJ(EXPENDITURE) FOR THE YEAR
2020
2019
This is Statsj after cbaTW."
Operating lea
Depreciation end leasc amortisation
63,750
TANGIBLE FIXED ASSETS
Pllcbes
a v4At¢r
boreboie
Flxture4
fittings &
equ5pment
Le*s¢hokl
property
P#vilio
TotAI
COST
At l January 2020
Additions
DispobuI¥
At 31 December 2020
1&033
651966 I229.IC￿l
93.517
14.740
1.990,616
14.740
16,033
651.966
1.229,1
10¥,257
2.UU5.356
DEPRECIATTON
At l January 2020
Disposals
Char¥e for the ye4r
At 31 D￿ember 2020
2.827
286238
1.067,218
87.966
1,444,249
129
2,956
13.OfKI
299.298
411,459
.115.677
4.800
92,766
66,44¥
1.510,697
NET BOOK VALUE
At 31 December 2020
13.077 £ 352.668 £ 113.423 £
15.491 £
494,659
At 31 Decernber 2019
13.206 £ 365.728 £ 161,882 £
5.551 £
546,367
IIYVES'I'MENTS- UK LIS'I'LD INVFSTMENTS
2(120
2019
Market value yi l January 2020
Additions at cost
Dispos￿5 &1 market value
Provision for increasc in valuc
MaTket value at 31 DeCern￿ 2020
345.937
2.100
(1,644}
9,444
355.837 £
271,425
33.617
{3,8911
44.786
345.937
Inve$tsnents at hi¥foric C￿1
272,241
274.770
The UK listed 1nv¢stn￿ts Nytfoiio is made up of UK fixed interest $to¢ks and equiti¢s. ail quotedllisted withtn the UK. AII
investments are cwried al thetr fair •th. InvcstTh￿ts which TDth up over 5% of the value of th¢ portfolio are as follows..
1.8W Bakn [ny￿t Tryst Pl¢. 25p Ordinary Sharf8
7,800 Pacific A&8ets TrLL*t PIC- 12 If2p Ordinary Sharcs
1.8(M) Scottisb Mortgage knvestn*nt Tr￿l. 5p Ordinary Shares
150 SPDR Sen"cs TnLSt. W SI￿ ETF
19,872
24.999
21.852
40,941
13

NOTES TO THE FINANCIAL STATEMENfs (conthiued)
for the yelr eDded 31 December 20211
10. DEBTORS
2(1211
2(119
VAT recovernble
Prwayrnellts
Oth¢r debtors
757
3.31X)
931
4,988 £
1.650
3,629
5.279
11. CREDITORS: AMOiJNtS FALLING DUE ITrITHIN ONE YEAR
2(120
21119
Rent in advance
3.648
3,648
925
Deferred Jncome
Other creditors
2,432
8.546
14.626 £
37
4.610
12. TAXATION
The company is not liable for tsx on its fina￿181 acts"vits"e8 00 the that it 18 & re81￿1 Clwity.
13. TRANSACTIOi%S WITH CONNECTED PERSONS
li) No tn]stee received any remuneration or exp¢ns¢s duriD8 the ye8r uthTrview12019.. £Nil).
lill In 2020 thc board approved that the preparation ofthe financial ¥c(Hmts of th¢ ryjmpany would now be performed by
CHJ Asso¢igtes Lllnited, 8 COMp￿Y of the T￿￿5￿[Br 1$ a ?￿j shareholder. CHJ Awciates Limited received
fe¢8 of £736 in of this work. There wu¢ no otkn transa¢uon8 with ￿nn¢￿edPersonS durin8 the Y￿r.
14. FUNDS
Moven*nt Moveme•t
BAl8n¢e
JI.12.2O211
01.012020 IDeoml•t
Tr•ttife
RESTRicfED FUNDS
Trent Park fi￿d
Coaehin8 fund
R¢plaCet￿nI of 09gets
Juniors fund
WKII MemoTral fu￿1
Robert Wat8on award
President's Fund
Perforniance Academy
Floodlight rnainten#tt¢e
324.537
825
5,133
lJ23
(39,938)
284.599
825
5,133
.523
3,090
2.386
9.586
3.448
228
310,818
2J86
4,836
1.905
228
344.463
4.750
1.788
(245)
6,538
(40.183)
IJNRF.gTRlfTED FtJNDS
Desi8nuted fund5
Rq)lacement of assets
dscape maintenAn
Building maintenance
Freehold
Gencral knid- fixed 0&8ets
Gelleral fi￿d
356.762
12.5
125
7,842
(2,791)
371,257
15.000
15,000
5,125
210.060
130.218
746,660
2.5
25
5.125
221,830
116.683
720275
{11.770)
(17.047)
{3 1.608)
35582
48549
(5.(rfKI)
£ 1.064.738 £
55,087 (£ 71.791) £
9.444 £ 1,057,478
14

NOTES TO THE FINANCIAL sfATEMEI¥TS (comtitiued)
for the year ended 31 December 21120
14. FUNDS {coiYfiNUED)
The Trent Park fjjlld was established for tr Constn￿lion and d¢velopti*nt of a new Spo￿ facility illcorporating two
floodlight artific￿1 ttrfp1t¢￿ grass pitches and a pavilion. s￿¢IfiC fund]ng for this pmject was ￿e1ved from the t￿ttery
Sp)rts Fun(L the Fow¥Jation for s￿rtand the Arts Middlesex University.
The Coacbing fund h&s ¢slablished a Iwk¢y Cr￿1￿￿¥ PrOgran)￿ for the benefit of local con￿n￿nity.
The fijnd for ReplacemEnt of Assets (the'S]nkwg Fund.) esrablisheA in ots to fimnce the renewal of
$hort¢r life Essets su¢h &$ the artificial rurfpttch Car￿ Sornc of the fuThJ is rrrcived from donors and res¢n"c
The Jw)iors' fund Tepres¢nts ¢Jonations receiv￿ in OTder to provide hthy oppornmitits foT peopk.
8adlypa5sed away in February 2014.
Th¢ Robert Watson awavd is knTwtM>￿ recei￿￿ iu rnenKJry of Robert Watson to be spent Oll 8n #Dnuai award.
The President's FUTKI Ipreviously also knriwn as the JFW Initiative) is thDation8 rec¢ived for running hockey tew.
Th¢ P¢rforn]ance Academy is donatio￿ rcceRvryJ for a knkey c{whi￿ prograMrt￿.
1.he Freehold fimd is Twiey donated ￿ provide for any firtwe purch￿ of thE freehold ￿ TTeDt P
Th¢ Flood]ight miintenartt fimd is don￿1009 r¢¢¢ivryl forthe 8￿j replaCe￿*D1 of fioodlisbts.
The dir¢¢tors hthv¢ alw d￿J￿i¢d fiumb for futtre la* aDd P￿tIdIng n￿l￿t¢DanCe expense8.
Fund balan¢¢8 4¢ 31 2020 #re represeoted 98 folloK.'
Net c•rreDt
TAm¥ibie lllvutll￿nts Ol*bllltl#)
Totil
RESTRicfED FUNDS
Trent Park fvnd
C.oBching fimd
Rcplacernit of &8s¢ts
Juniors. fund
WKH Men￿181 fill
Robcrt Wats¢)n av/ard
Pwident'8 Fund
Performance Academy
Floodli8ht maintenat)c¢
284599
284.599
825
5,133
1,523
3,090
2,386
9.586
3.4411
228
310.818
825
5.133
1.523
2.386
9,586
3,448
228
26219
284JY)
UNFESTRICTED FUNDS
Desig￿ted fw)d5
RL¥lacemcnt of asscts
IAn(L8cape tnaintenance
Building n￿Intell
Fr¢chold
General fimd
355.837
15,420
12,5(N)
12,500
5,125
135.218
180,763
371.257
12,500
12,500
5.125
345,278
746,660
210.060
210.060
355,837
494.659 £ 355.837 £ 206.9x2
£ 1.057.478
15

NOTES TO TUE FINANCIAL STATEMEIYTS (¢ontiDu¢d)
for the yrar ￿ded 31 Detember 2020
IS. COMPARATIVE FUNDS SPI
Total
2019
Incon
Dottatlons and le%acles
Income from ch*rll*ble led￿1¢￿.
Rent receivable
Investment Ineom¢
7579
18,923
26.502
57562
8.115
57.562
8,115
Tot•] Income
73256
18.923
92.179
Expendlture
Cost of raising tundl:
Fundrdisin8 and publiciry
Exp¢Ddlture ott charltable aetlvttlu:
Direct Choritsbl¢ Expcnditur¢
{1.650)
(1,650)
{40.WS)
(57.028)
(97.933)
Totll expendlture
(42.5SS)
(57,028)
(99,583)
Net 881n￿lI055CI) on InveslmeDts
Realised (loss) on inYe9tment 8ssets
un￿all8¢d gain on investment JS5ets
(317)
45.103
(317)
45,103
Net Imtorn¢l{expendltsr¢) and Aet nw¢mem¢
In fvAd• for the y￿r
75.487
{38,105)
37.382
RetOD¢lll•tlt)n of fund•
TO￿ funds brought forw•rd
644.788
382,568
1.027.356
Total funds carrled fonv•nl
720275
£ 344.463
£ 1,064.738
16