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2022-03-31-accounts

CONTENTS CONTENTS CONTENTS CONTENTS
CHAIRS FOREWARD, David Singleton, Chair of the Trustee Board Page 3
TRUSTEES' ANNUAL
REPORT		 Page 4
REFERENCE AND ADMINISTRATIVE DETAILS Page 4
STRUCTURE, GOVERNANCE AND MANAGEMENT Page 5
Public Benefit Page 5
Risk Management Page 5
Subsidiary
Company		 Page 5
Induction
ofTrustees		 Page 5
Leadership
Team / Organisational		 Structure Page 6
Investment
powers and policy		 Page 6
OBJECTIVES AND ACTIVITIES Page 7
Purpose of Charity Page 7
Main activities
undertaken		 Page 8
STRATEGIC OBjECTIVES Page 15
FINANCIAL
REVIEW		 Page 16
Financial Summary Page 16
Trading
Subsidiary
and Consolidation		 Page 16
Reserves
Policy		 Page 16
Pay Policy Page 17
Principal
Funding
Sources		 Page 17
Financial
Instruments		 Page 17
Trustee's
Responsibilities		 Page 18
Compliance
with accounting		 standards Page 18
Auditors Page 18
INDEPENDENT
AUDITOR'5		 REPORT Page 19
Consolidated
Statement
of		 Financial Activities Page 21
Consolidated
and Charity Balance Sheet		 Page 22
Consolidated
Statement
of		 Cash Row Page 23
Notes to the Financial Statements Page 24

The Charities
Leaders		 hip
Team		 to the period ending 31"March to the period ending 31"March
Sarah Randall Head ofTargeted
Youth Service
Daniel Schofield Head of Play Youth BtSport
Jackie Robinson Head of Finance
Bt		 Executive Support
Zoe Mitchell Head of People
BtCulture
Kelly McFadden Head of Fundraising BtCommunications
Alison Wood Head of NCS BtAP
Carly Mack Head of Operations

National Cltlzen Service: Government funded programme supportlng young people to develop their skills and engage In community / soclal action, each year over 500 Bolton school leavers take part through BLGC. Young Leaders programme.. developlng the leaders of the future through development opportunitiesi youth volce and participation and volunteering work, Football: Over 30 competitive teams, engaglng as young as 5, developing pathways internally and externally for football development Informal education: programmes that raise awareness and provide education for young people around health, wellbeing, education, work, relationships, substance misuse, domestic violence, Food Bank and essentlal Items supply: providing food, meals and essentlals such as clothing shoes, bedding etc for families struggling.

entified
In the following		 Income spl it:
Charitable
Activity		 62%
Fundralsing
&Events		 37%
Room 8t Facilities
Hire		 1%
Trading
Company		 0%
Other Income including Voluntary, and Investments 0%

Unrestricted Restricted Total Total
Funds Funds Funds Funds
Notes 2022 2022 2022 2021
As restated
INCOME 6
Income from donations and legacies 464,241 464,241 558,572
Other trading
income
Room 8facilities
hire		 21,526 21,526 4,864
Fundralslng
events		 453,619 602,166 1,055,785 861,093
Catering 3,030
Investment
Income		 3,505 3,505 4,413
Income from charitable acuvlVes
Targeted
Youth Service		 511,145 487,429 998,574 979,405
Operations
(play, Youth		 Ik Sport) 35,493 249,442 284,935 191,963
Other Income
Government
grants		 157,015
Total Income and endowments tr489r530 1339037 2828 566 2 760 085
EXPENDITURE
Expenditure
on ralslng		 funds
Fundraislng 12 289,467 289r467 206,295
Expenditure
on charitable		 ectlvltles
- Targeted
Youth Service		 12 393,372 652,570 1,045,942 971,777
Operations
(Play, Youth		 8Sport) 12 461,146 257,640 718,786 540,966
Depreciation - charity 106,740 241,450 321,190 235,203
Governance
costs		 12 8,700 8,700 10,242
Total expenditure 1,259,425 1,114,660 2,348,086 1,964,483
Net Income (expenditure) and nat movamant In
funds before gains and losses on Investments 230,105 214,337 444,481 795,602
Galas/(losses)
on revaluations		 and dlsposals of
Investments
Unreallsed
gains / (losses)		 on
Investment
assets		 14 3,357 3,357 7.723
Nat movemant
In funds		 233,462 214,377 447,838 803,325
Total funds brought
forward
As previously
reported		 2,914,141 5,005,231 7,919,372 7,116,047
Prior year adjustment (84,000) 84,000
As Restated 2 830141 5089607 Trgtgr372 7 116047
Total funds carried forward 22 3063306 5 303r607 ar367r210 7 919372

on
Lads'		 and
Girls'		 and
Girls'		 and
Girls'		 and
Girls'		 and
Girls'		 Club l
Annu		 al
Repo		 rt
and
Acc		 ounts Page
Consolidated and Charity Balance Sheets Company
number.		 03109525
As at 31 March 2022 Charity
number:		 1051192
Notes Group
2021
2021		 Charity
2022		 2021
As restated 6 As restated
Fixed assets
Tangible assets 13 6,557,377 5,179,931 6,667,377 5,165,677
Investments 14 43,338 39,981 43,340 39,983
6710715 5 219 912 6r720r727 5 205 660
Current assets
Stocks 15
Debtom 16 68,216 247,846 58,216 356,251
Cash at bank and In hand 2,023,182 3,125,480 2,023,282 3,017,363
2,091,498 3,373,326 2,091,498 3,373,614
Creditors: amounts
within ona year		 falling due 17 (435,003) (673,866) (435,005) (672,117)
Net current assets 1,656,495 2,699,460 1,6S6,493 2,701,497
Total assets less currant llabgitles 8,367,210 7,919,372 8@67,220 7,907,157
Represented
by:
Unrestricted
Income funds		 22
Designated
funds		 705,582 1,475,000 705,582 1,475,000
Funds retained within non-charitable
subsidiary 12,215
General
funds		 2,358,021 1,426,926 2,358,021 1,426,926
Total unrestricted funds 3,063,603 2,914,141 3r063r603 2,817,926
Restricted Income funds 22 5403,507 5,005,231 5,303,607 5,089,231
Total charity funds 23 8,367,210 7,919,372 8,367,210 7,907,157

For the ear ended
31 March 2022
Notes 2022 2021
As restated
Cash flow from operating activities 24 733,259 977,996
Cash flow from investing activities
Investment Income received 3,505 4,143
Receipts from sale oftangible Rxed assets 702 250
Payments to acquire tangible fixed assets (1,839,064) (44,164)
(1,835,457) (39,771)
Increase (decrease) in cash and cash equivalents (1,102,198) 938,225
Cash and cash equivalents at 1April 2021 3,125,480 2,187,225
Cash and cash equivalents at 31March 2022 2,023,281 3,125,480
Cash and cash equivalents consIst of:
Cash at bank and
In hand		 2,023,282 3,125,480

Summary
profit and l		 oss account 2022 2021
E E
Cost ofsales
Administrative
expenses
Donation to parent
company		 (14,254) 3,030
(4,458)
(1,503)
Loan waiver 2r037 12,241
Interest payable
and similar charges
Interest receivable
and similar
Income		 (1,480)
1
Tax on profit on ordinary activities
(Loss) / profit for the year (12,217) 7,831
The assets and liabilities of the subsidiary were: 2022 2021
E E
Rxed assets 14,254
Current assets 108,117
Creditors:
amounts
raging due
Creditors:
amounts
faglng due		 within one
after more		 year
than one year		 (1,748)
(108,405)
Provisions
for gabgltles:		 Deferred tax
Net assets 12,218
4 Donations
and Legacies		 Unrestricted Restricted Total Total
Funds Funds Funds Funds
2022 2022 2022 2021
E E E E
Donations
Donated services and facilities		 316,241
148,000		 316,241
148,000		 8,572
550,000
464,241 464,241 558,572
5 Tnvastment
Income		 Unrestricted Restricted Total Tots I
Funds Funds Funds Funds
2022 2011 2022 2021
E E E E
Usted
UK Investments
Bank Interest
receivable		 1,185
2,320		 1,185
2,320		 1,507
2,620
3,505 3,505 4,143

13 Tangible fixed assets - Tangible fixed assets - Group Group Long leasehold Equipment,
land Ik Motor furniture
Er
buildings vehicles fittings Total
Cost 6 E 8 5
At I April 2021 7,489,790 44,904 960,108 8,494,802
Additions 1,672,449 150,892 1,823,341
Dlsposals (17,864) (83,734) (101,598)
At 31 March 2022 9,162,239 27,040 1,027,266 10,216,545
Deprerfsffon
At I April 2021 2,451,183 41,746 821,942 3,314,871
Charge for the year 228,550 677 91,963 321,180
Dlsposals (17,413) (69,480) (86,893)
At 31 March 2022 2,679,733 25r010 844rt25 3549r168
Het book value
At 31 March 2022 6,482,506 2,030 182 841 6r667r377
At 31 March 2021 5,038,607 3,158 138,166 5,179,931
Tangible fixed assets - Charity Long leasehold Equipment,
land Ik Motor furniture
Ik
bugdlngs vshldes fittings Tots I
Cost E E E 6
At I April 2021 7,489,790 44,904 876,374 8,494,802
Additions 1,672,449 150,892 1,839,664
Dlsposals (17,864) (17,864)
At 31 March 2022 9,162,239 27040 1027r266 10r216r545
Depreclstlon
At I April 2021 2,451,183 41,746 752,462 3,245,391
Charge for the year 228,550 677 91,963 321,190
Dlsposals (17,413) (17,413)
At 31 March 2022 2,679,733 25,010 844,425 3,549,168
Hat book value
At 31 March 2022 6,482,506 2,030 182,841 6,667,377
At 31 March 2021 5,038,607 3,158 123,912 5,165,677
4 Fixed asset Investments
Shares
In
~ubsldlary UKquoted
undertnklnss Investments Tots I
Cost or market value E F. 6
At I April 2021 39,981 39,983
Increase (Decrease) In market value 3,357 3,357
At 31 March 2022 43,338 43,340
summary
of Investmants		 Group Charity
2022 2021 2022 2021
UK quoted Investments at market value 6 l E E
M 8G Charlfund 24,959 23,264 24,959 23,264
Charities Officia Investment
Fund		 18,379 16,717 18,379 16,717
43,338 39,981 43,338 39,981

1S Stocks Group Charity
2022 2021 2022 2021
6 E 6 1
Goods for resale
16 Debtors Group Charity
2022 2021 2022 2021
8 E 6 E
Amounts
owed
Prepayments		 by group undertakings 16,323 167,498 16,323 108,405
167,498
Rent bond
Accrued Income		 2,500
49,393		 80,348 2,500
49,393		 80,348
68r216 247,846 68,216 356,251
Amounts owed by group undertakings represents a loan to the trading
subsidiary,		 B.L.G.c. Trading company umlted.
The Board determined at a meeting on 26 August 2014 that the loan should be extended for a further
10		 years from that
Interest Is payable at tfik over base rate. This has now been written
oif In the year.
included within the above are the following amounts falling due after more than one year:
Group Charity
2022 2021 2022 2021
E E 5 E
Amounts owed by group undertakings 108,405
17 Credltorst
Amounts		 falling due within one year Group Charity
2022 2021 2022 2021
E 1 E 1
Trade creditors 30,571 34,930 30,571 34,928
Taxation and social security 24,939 26,226 24,939 25,918
Other creditors 9,236 6,017 9,236 6,017
Accruals 55,567 43,391 55,567 41,952
Deferred income (note 18) 314,690 563,302 314,690 563,302
435,003 673,866 435,003 672,117
18 Deferred income Group Charity
2022 2021 2022 2021
E 1 6 1
Deferred income brought forward 563,302 563,302 563I302 489,631
Released In the year (563,302) (489,631) (563,302) (489,631)
Deferred ln the year 314,690 563,302 314,690 563,302
314,690 563,302 314,690 563,302
19 Leasing Commitments Group
2022		 2021 Charity
2022		 2021
6 1 E E
Within
1
Within
1		 year
and 5 years		 9,167
30,833		 9,167
30,833
Over 5 years
40,000 40,000


For the year ended		 31 March 2 022
Movement
In funds		 Balance at Balance at
Group and Charity 1April 31March
Restricted funds:
Grants race/vab/e		 2021
As restated
6		 Income
6		 Expenditure
6		 2022
Grants received
In respect		 of Operations (play, Youth lk Sport)
-Ironmongers
- Alchemy
Foundation		 7,611
500		 (6,343)
(500)		 1,269
- BBCChildren
In Need
- Bolton CVS		 24,256 35,208 (15,125)
(24,256)		 20,083
- Bradshaw
Gass		 200 1,200 (200) 1,200
- Evan Cornish
-Fort Foundation		 6,667 500 (6,667)
(500)
—GMCVO
- Lee Bakrlglan
Family Trust
- Middlesex Sports		 5,000
250
2,000		 (5,000)
(250)
(2,000)
- Onside
Youth Zones
- The Grace Trust
- OK Youth		 1,500 52,988
11,410		 (52,988)
(1,500)
(11,410)
- Westhoughton
Town Council		 13,842 (13,842)
- Bailey Thomas 5,000 5,000
—Bolton Together
—British Science Week		 64,448
500		 (64,448)
(500)
- Edith Mary Clark Foundation
- Frognall Trust		 1,000
1,000		 (333) 1,000
667
- George Balrstow 1,000 (1,000)
- John Hornlman
CT		 3,000 (3,000)
- Lord Levenhulme 2,000 2,000
- National
Lottery Awards		 for All 9,964 (9,964)
- Onward
Community
Fund		 2,000 (333) 1,667
- Ragdoll 13,000 (9,333) 3,667
- Sport England
-Tesco Community
Fund -
—The Manchester
Guardian		 Groundwork
Society CT		 9,400
1,000
1,000		 (7,833)
(333)		 1,567
667
1,000
- Youth Voice
Grants received
In respect ofTargeted
service		 Youth 19,982 (19,982)
—BBCChildren
In Need		 37,941 (37,941)
- Bolton CCG
—29th May 1961Charitable
—Swlre Charitable
Trust		 Trust 45,051
1,250
10,000		 172,000 (127,560)
(1,250)
(10,000)		 89,491
- Bolton Together 7,500 21,500 (21,500) 7,500
- GMCVO
- David Brooke Charitable		 Trust 10,102
3,200		 (10,102)
(2,600)		 600
- Lord Leverhulme 2,000 2,000
- Mamh Christian
- Sir James 8 Lady Scott Trust
- Sir Jules Thorn
—Skelton
Charity
—Steel CT		 550
5,766
1,250
1,167
10,000		 (550)
(5,766)
(1,250)
(1,167)
(10,000)
—The Charity Service
—Zochonis Trust
—Bolton CVS		 1,000
5,000
28,150		 7,500
28,150		 (1,000)
(5,000)
(56,300)		 7,500
- Awards
For Ag NLCB		 2,500 (2,500)
—Garfield Weston 25,000 (25,000)
—Masonic Charitable
Foundation		 20,000 (20,000)
—The Childrens
Society
—NHS		 5,000
150,000		 64,800 (64,800)
(110,000)		 5,000
40,000
- 42nd Street 22,048 (22,048)
—Bolton Council 3,507 82,587 (82,587) 3,507
—Kelth Rae Trust 1,000 (1,000)
- WEA/European
Social Fund		 17,880 (17,880)
- Clara E Burgess
Ludlow Trust		 4,500 (4,500)
- Westfleld
Health		 1,000 1,000
- Volant Charitable
Trust
- Barnardos
SEE HEAR RESPOND		 5,000
2,769		 (5,000)
(2,769)
- Provincial
Walsh		 2,500 (2,500)
- Whirlwind
Charitable
Trust
Ffxed asset resfr/cted
funds		 5,000 5,000
Spa Road premises 3,505,062 479,795 141,852 3,298,562
Hacken
Lane		 1,209,446 72,598 1,209,446
Equipment
and Technology
Total restricted
funds		 5,089,231 122,371
1,339,037		 (1,124,660) 122,371
5,303,607

Balance at Balance at
1April 31March
2021 Income Expenditure Transfer 2022
Unrestricted
funds:		 E E E E E
Designated
funds
Spa Road refurbishment programme 1,200,000 (719,418) 480,582
Hacken Lane 3G pitch sinking fund 200,000 (25,000) 175,000
Spa Road pitch sinking fund 25,000 25,000 50,000
Governance
and Legal		 Fees 50,000 (50,000)
Other charitable
funds		 1,342,926 1,492,887 (1,274,210) 769,418 2,358,021
Total unresfrfcted
funds		 2,817r926 1+92,887 (1,247,210) 3,063,603
Total funds - Charity 7,907,1S7 2831924 (2r371r871) 8,367,210
Group
Unrestricted
funds:
Designated
funds
Spa Road refurbishment programme 1,200,000 (719,418) 480,582
Hacken lane 3G pitch sinking fund 200,000 (25,000) 175,000
Spa Road pitch sinking fund 25,000 25,000 50,000
Governance
and
Legal		 Fees 50,000 (50,000)
Other charitable
funds		 1,355,141 1,492,887 (1,259,425) 769,418 2,358,021
Total unresfrfcfed
funds		 2,830,141 1,492,887 (1,259r%25) 3,063,603
Total funds - Group 7,919,372 2,831,924 (2,384,086) 8,367,210

Financial Instruments Instruments
Financial assets Note 2022 2021
5 E
Measure at fair value through net Income/expenditure
UK quoted
Investments		 at market value 14 43,335 39,981
Debt Instruments measured at amortised cost:
Other debtors 16 2,500
Accrued Income 16 49,393 80,348
51,893 80,348
Finandal liabilities
Measured at amortised cost;
Trade creditors 17 30,571 34,930
Other creditors 17 9,236 6,017
Taxatlon and social security 17 24,939 26,226
64,746 67,L73