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2021-03-31-accounts

Page
Legalandadministrativeinformation
Reportofthetrustees 3
Statementoftrustees'responsibilities 19
Independentauditor'sreport 20-22
Consolidatedstatementoffinancialactivities 23
Balancesheets 24
Statementsofcashflows 25-26
Accountingpolicies 27-29
Notesto thefinancialstatements 30-45

10/09/

06/12/2021

Youth Sport Trust CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITURE ACCOUNT) for the year ended 31 March 2021


AND EXENDITURE ACCOUNT)
fr theyear ended 31 March 2021
Notes
INCOME FROM:
Donations and legacies
2
Charitable activities
3
Other charity trading activities
4
Investments
5
Other trading activities
6
TOTAL
EXPENDITURE ON:
Raising fnds
Charitable activities
7
Other trading activities
6
TOTAL
8
NET ICOME/(EXPENDITURE)
Transfrs between fnds
15
Net movement in fnds
Fund balances at 1 April 2020
Fund balances at 31 March 2021
Unrestricted
Designated
fnds
fnds
£
£
209,899
752,534
714,870
34,358
152,508
1,864,169
200
1,039,192
167,712
100,054
1,139,446
167,712
724,723
(167,712)
330,858
(330,858)
1,055,581
(498,570)
4,405,018
1,258,453
5,460,599
759,883
Restricted
fnds
£
268,962
7,377,184
7,646,146
240,051
6,277,465
6,517,516
1,128,630
1,128,630
2,708,069
3,836,699

The Statement of Financial Activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.

Page 23

Group Charity
_Notes _
2021 2020 2021 2020
£ £ £
£
FIXEDASSETS
Tangible assets lla 70,583 74,830 70,583
74,830
Intangibleassets llb
70,583 74,830 70,583
74,830
CURRENTASSETS
Stock 5,934 12,392
Debtors 12 376,227 1,202,429 403,020
1,193,659
Shorttermdeposits 9,753,904 7,420,089 9,753,904
7,420,089
Cashatbankand inhand 809,632 849,764 541,003
544,845
10,945,697 9,484,674 10,697,927
9,158,593
CREDITORS:Amountsfallingdue
withinoneyear 13 (959,099)
(1,187,964)
(929,728) (1,090,175)
NETCURRENTASSETS 9,986,598 8,296,710 9,768,199
8,068,418
TOTALASSETSLESSCURRENT
LIABILITIES 10,057,181 8,371,540 9,838,782
8,143,248
INCOMEFUNDS
Restricted funds 14 3,836,699 2,708,069 3,836,699
2,708,069
Unrestricted funds 5,460,599 4,405,018 5,242,200
4,176,726
Designated funds 15 759,883 1,258,453 759,883
1,258,453
TOTALFUNDS 10,057,181 8,371,540 9,838,782
8,143,248
**2021 ** **2020 **
£ £
**Cash flows fromoperating activities: **
Netcashprovidedby/(usedin)operatingactivities 2,283,823 285,750
**Cash flows frominvesting activities: **
Interestfrominvestments 34,358 51,829
Purchaseofproperty,plantandequipment (24,498) (40,171)
**Netcash provided by investing activities ** **9,860 ** **11,658 **
Changeincashandcashequivalentsinthereporting period 2,293,683 297,408
Cashandcashequivalentsatthebeginningofthereporting 8,269,853 7,972,445
period
Cash and cash equivalents at the end of the reporting **10,563,536 ** **8,269,853 **
**period **
**Reconciliation of net expenditure to net cash flow from **
**operating activities **
NetIncome/(expenditure)forthe reportingperiod 1,685,641 364,298
**Adjustments for: **
Depreciationchargesandamortisation 28,745 33,184
Interestfrominvestments (34,358) (51,829)
Decrease/(increase)indebtors 826,202 87,667
(Decrease)/increaseincreditors (228,865) (164,239)
Decrease/(Increase)instocks 6,458 16,669
Intangiblestransferredonacquisitionofsubsidiary
**Net cash provided by/(used in) operating activities ** **2,283,823 ** 285,750
**Analysis of changes in cash and cash equivalents ** **2020 ** **Cash flows ** **2021 **
£ £ £
Cashatbank 849,764 (40,132) 809,632
Shortterm deposits 7,420,089 2,333,815 9,753,904
**Total cash andcash equivalents ** **8,269,853 ** 2,293,683 **10,563,536 **
**2021 ** **2020 **
£ £
**Cash flows from operating activities: **
Netcashprovidedby/(usedin)operatingactivities 2,320,237 285,808
**Cash flows frominvesting activities: **
Interestfrominvestments 34,234 51,173
Purchaseofproperty,plantandequipment (24,498) (40,171)
**Net cash provided by investing activities ** **9,736 ** **11,002 **
Changeincashandcashequivalentsinthereporting period 2,329,973 296,810
Cashandcashequivalentsatthebeginningofthereporting 7,964,934 7,668,124
period
**Cash and cash equivalents at the end of the reporting ** **10,294,907 ** 7,964,934
**period **
**Reconciliation of netexpenditure to net cash flow from **
**operating activities **
Netincome/(expenditure)forthereportingperiod 1,695,534 313,766
**Adjustments for: **
Depreciationcharges 28,745 33,184
Interestfrominvestments (34,234) (51,173)
Decrease/(increase)in debtors 790,639 176,863
(Decrease)/increaseincreditors (160,447) (186,832)
Net cash provided by/(used in)**operating activities ** **2,320,237 ** 285,808
**Analysis of changes incash and cash equivalents ** **2020 ** **Cash flows ** **2021 **
£ £ £
Cashatbank 544,845 (3,842) 541,003
Shorttermdeposits 7,420,089 2,333,815 9,753,904
**Total cash and cash equivalents ** **7,964,934 ** **2,329,973 ** 10,294,907

Unrestricted Designated Restricted TotalFunds
2020 2020 2020 2020
£ £ £ £
INCOMEFROM:
Donationsandlegacies 169,633 169,633
Charitableactivities 10,164,582 10,164,582
Othercharitytradingactivities 884,385 884,385
Investments 51,829 51,829
Othertradingactivities 307,633 307,633
TOTAL 1,413,480 10,164,582 11,578,062
EXPENDITUREON:
Raising funds 10,255 24,360 304,758 339,373
Charitableactivities 1,261,058 139,550 9,228,336 10,628,994
Othertradingactivities 245,447 245,447
TOTAL 1,516,760 163,910 9,533,094 11,213,764
NETEXPENDITURE/INCOME (103,280) (163,910) 631,488 364,298
Transfersbetween funds (36,849) 36,849
Netmovementin funds (140,129) (127,061) 631,488 364,298
Fundsbroughtforward 4,545,147 1,385,514 2,076,581 8,007,242
Fundscarriedforward 4,405,018 1,258,453 2,708,069 8,371,540
2 DONATIONSANDLEGACIES Unrestricted Restricted Total Total
2021 2021 2021 2020
£ £ £ £
Donationsreceived fromVillage
Gyms 67,708
DigitalDisadvantage 227,400 227,400
John Armitage 70,000 70,000 50,000
Sky 75,175 75,175
Othergrantsanddonations 64,724 41,562 106,286 51,925
209,899 268,962 478,861 169,633
3 CHARITABLEACTIVITIES Unrestricted Restricted Total Total
2021 2021 2021 2020
£ £ £ £
MinistryofHousing,Communities&
LocalGovernment 247,079 247,079
DepartmentofEducation 300,000 300,000 294,534
PeoplesHealthTrust 173,529 173,529 299,820
DCMS 162,002
SportEngland 3,855,907 3,855,907 5,319,065
HomeCountrySportsCouncils&
Partnerships 198,922 198,922 242,477
FootballAssociation 1,688,563 1,688,563 1,781,851
Spiritof2012 177,547 177,547 488,683
TheBritishCyclingFederation 6,654 6,654 62,535
BupaFoundation 80,000 80,000
ActivityAlliance 81,375 81,375 64,333
Co-opFoundation 31,695 31,695
GreaterManchesterHealth&Social
CarePartnership 347,262
LawnTennisAssociation 49,995 49,995 87,150
WalesFA 23,436 23,436 35,152
NHSWestLancashire 90,000
Lidl (80,322) (80,322) 216,415
Nike 11,902 11,902 189,794
FuturesForSomersetLimited 18,550 18,550 62,897
SuffolkCountyCouncil 115,324 115,324
YSTI&SirJohnBeckwith 99,700
WimbledonFoundation 149,969 149,969 29,198
HMRCCoronavirusJobRetention
Scheme 752,534 752,534
Othercharitableactivities 247,059 247,059 291,714
752,534 7,377,184 8,129,718 10,164,582
4 OTHERCHARITYTRADINGACTIVITIES OTHERCHARITYTRADINGACTIVITIES 2021 2020
£ £
Conferences/Membership& other 714,870 884,385
5 INVESTMENTINCOME 2021 2020
£ £
Bankinterest-YST 34,234 51,173
Bankinterest
Subsidiary
124 656
34,358 51,829
6 OTHERTRADINGACTIVITIES 2021 2020
£ £
YouthSportTrustEnterprises
Income:
Netsalesfromtradingactivities 152,508 307,633
Expenditure:
Netexpenditureontrading 100,054 245,447
activities
7 EXPENDITURE
Charitable activities:
Direct Support Total Total
costs costs 2021 2020
Activity £ £ £ £
TransformingPE 235,739 378,706 614,445 470,050
RemovingBarriers 1,735,465 2,787,964 4,523,429 5,881,853
UnlockingPotential 299,071 480,448 779,519 1,483,506
EmpoweringActivism 481,789 773,977 1,255,766 2,305,602
StrengtheningFoundations 118,250 189,965 308,215 469,536
ChampioningResearch&Insight 1,149 1,846 2,995 18,397
Totalexpenditure 2,871,463 4,612,906 7,484,369 10,628,944

7 EXPENDITURE(continued)
2021 2020
Supportcostsconsistof: £ £
-Salariesandassociated oncosts 4,271,165 4,519,199
-Staff
recruitment,trainingand
Welfare 27,746 100,434
-Travelandsubsistence 773 254,285
-OfficeandITcosts 182,063 215,552
-Rent,rates&servicecharge 109,953 125,560
-Insurance 20,052 18,372
-Depreciation 28,745 33,184
-Governancecosts 96,909 106,904
-Costsattributabletothe tradingsubsidiary (124,500) (229,319)
4,612,906 5,144,171
8 TOTALEXPENDITURE 2021 2020
£ £
Totalexpenditureincludes:
Auditor'sremuneration:
-Audit 32,235 28,447
-Other 2,474 2,293
Operatingleaserentals-landandbuildings 39,835 39,835
Operatingleaserentals-other 3,123 3,783
Depreciation
ownedassets
28,745 33,184
10 EMPLOYEES 2021 2020
No No
The averagemonthlynumberofemployeesduringtheyearwas:
Programmedelivery:
Directdelivery 63 69
Programmesupport 15 16
Managementandadministration 34 34
112 119
Theaveragenumberoffull-timeequivalentemployeesduringthe 2021 2020
yearwas: No No
Programmedelivery:
Directdelivery 60 66
Programmesupport 15 16
Managementandadministration 30 30
105 112
EMPLOYMENTCOSTS 2021 2020
£ £
Wagesandsalaries 3,852,459 3,978,112
Socialsecuritycosts 357,383 386,456
Otherpensioncosts 175,032 185,113
Apprenticeshiplevy 18,271 19,561
4,403,145 4,569,242
Redundancycosts 7,653
4,410,798 4,569,242
10 EMPLOYEES(continued)
2021 2020
No No
Thenumberofemployeeswhoseannualemolumentswere£60,001
ormorewere:
£60,001-£70,000 5 3
£70,001-£80,000 1
£80,001-£90,000 1 1
£120,001-£130,000 1 1

Fixtures,
_fittings _
_Computer _ _and _
_equipment _ _equipment _ _Total _
£ £ £
Cost
At1April2020 397,317 243,199 640,516
Additions 24,498 24,498
Disposals
At31March2021 421,815 243,199 665,014
Depreciation
At1April2020 352,918 212,768 565,686
Chargedintheyear 22,066 6,679 28,745
Disposals
At31March2021 374,984 219,447 594,431
Netbookvalue
At31March2021 46,831 23,752 70,583
At31March2020 44,399 30,431 74,830
_Website _
£
Cost
At1April2020 38,286
Additions
Disposals (38,286)
At31March2021
Amortisation
At1April2020 38,286
Chargedintheyear
Disposals (38,286)
At31March2021
Netbookvalue
At31March2021
At31March2020
12 DEBTORS Group Charity
2021 2020 2021
2020
£
£
£
£
Tradedebtors 211,965
1,071,181
202,924
1,055,746
Prepaymentsandaccruedincome 163,814
131,011
162,614
131,011
VATrepayment 448
237
Amountsowed bygroup undertakings 37,482
6,902
376,227
1,202,429
403,020
1,193,659
13 CREDITORS:amountsfallingdue Group Charity
withinoneyear
2021 2020 2021
2020
£
£
£
£
Tradecreditors 375,139
563,822
356,008
524,063
Accruals 321,031 508,841 275,781
420,579
Othertaxandsocialsecurity 262,929
115,301
262,929
115,301
Amountsowedtogroup undertakings 35,010
30,232
959,099
1,187,964
929,728
1,090,175

Movement inFunds
Balance Balance
1April2020 Income Expenditure 31March
2021
£ £ £ £
**Charitable Activities **
SchoolGames 268,676 2,018,777 (1,952,265) 335,188
FAActivePlay/GirlsFootball
Partnership 1,050,970 1,686,563 (1,192,091) 1,545,442
SchoolSport/Education&
Delivery 201,828 1,608,051 (1,354,754) 455,125
Inclusion2020 2,188 300,000 (295,070) 7,118
UnifiedAction 247,079 (247,079)
DigitalDisadvantage 227,400 (97,895) 129,505
TeacherTraining 116,551 200,000 (128,030) 188,521
Sport&LeisureRecovery
Package 198,922 (128,061) 70,861
Connecting CommunitiesThrough
CricketBreakingBoundaries 1,998 177,547 (170,119) 9,426
Connecting CommunitiestoLocal
People 49,222 173,529 (222,751)
SetForSuccess 24,991 149,969 (58,034) 116,926
SuffolkHoliday 101,009 (101,009)
Integrated Communities 48,981 29,079 78,060
FundamentalMovementSkills 98,735 11,902 (67,904) 42,733
Go Ride Go/ReadySetRide 14,580 6,654 (17,044) 4,190
MentallyHealthySchools 143,788 (99,369) 44,419
SeriousSupport 58,617 (915) 57,702
Active HealthyMinds 50,195 (30,555) 19,640
Empowering Girls 26,338 (13,342) 12,996
ThisGirlCan 6,362 (4,862) 1,500
Otherindividualprogrammes<
£100kIncome 544,049 509,665 (336,367) 717,347
**Grand Total ** 2,708,069 **7,646,146 ** **(6,517,516) ** **3,836,699 **

Balance at Utilised/ Balanceat
1 April2020 realised Transfer 31March
2021
£ £ £ £
Operational Priorities 58,210 (33,419) 144,190 168,981
InvestmentPlan 1,200,243 (134,293) (475,048) 590,902
1,258,453 (167,712) (330,858) 759,883

16 ANALYSISOFNET ASSETSBETWEEN Unrestricted/ Restricted Total
FUNDS(GROUP) Designated funds
Funds
£ £ £
Fundbalancesat31March2021are
representedby:
Tangiblefixedassets 70,583 70,583
Currentassets 7,108,998 3,836,699 10,945,697
Creditors:amountsfallingduewithinoneyear (959,099) (959,099)
6,220,482 3,836,699 10,057,181
ANALYSISOFNET ASSETSBETWEEN Unrestricted/ Restricted Total
FUNDS(GROUP) Designated funds
Funds
£ £ £
Fundbalancesat31March2020are
representedby:
Tangiblefixedassets 74,830 74,830
Currentassets 6,776,605 2,708,069 9,484,674
Creditors:amountsfallingduewithinoneyear (1,187,964) (1,187,964)
5,663,471 2,708,069 8,371,540
ANALYSISOFNET ASSETSBETWEEN Unrestricted/ Restricted Total
FUNDS(CHARITY) Designated funds
Funds
£ £ £
Fund balancesat31March2021are
represented by:
Tangiblefixedassets 70,583 70,583
Currentassets 6,861,228 3,836,699 10,697,927
Creditors:amountsfallingduewithinoneyear (929,728) (929,728)
6,002,083 3,836,699 9,838,782
ANALYSISOFNETASSETSBETWEEN Unrestricted/ Restricted Total
FUNDS(CHARITY) Designated funds
Funds
£ £ £
Fund balancesat31March2020are
representedby:
Tangiblefixedassets 74,830 74,830
Currentassets 6,450,524 2,708,069 9,158,593
Creditors:amountsfallingduewithinoneyear (1,090,175) (1,090,175)
5,435,179 2,708,069 8,143,248

Groupandcharity Landand buildings Landand buildings Other
2021 2020 2021 2020
£ £ £ £
Amountsdue:
Withinoneyear 33,759 33,759 2,404
Betweentwoandfiveyears 135,034 135,034
In overfiveyears 565,455 599,213
734,248 768,006 2,404

YSTi YSTE
2021 2020 2021 2020
£ £ £ £
Saleofgoodsin year 17,126 21,159 125,020 253,753
Grants and donationsreceivedfrom
relatedparties 49,850
Purchaseofgoodsinyear 7,266 7,351 262,956 380,147
Amountsduefromrelatedparties 18,719 28,960 37,482 6,902
Amountsduetorelated parties 5,766 35,010 30,232