2022-03-31-accounts

Reports
Referenceandadministrativeinformation	1
Trustees'report	3
Statementoftrustees'responsibilities	26
Independentauditor'sreportonthe
financialstatements	27
Financialstatements
Consolidatedstatementoffinancial
activities	31
Balancesheets	32
Consolidatedstatementofcashflows	33
Principalaccountingpolicies	34
Notestothefinancialstatements	38

President	SirJohnBeckwithCBE
Trustees	MrRichardDavidson(Chair)
	MrBenStimson
	MrsMelanieHonnor
	MrsDeniseGladwell(resigned151February2022)
	DrPaulaFranklin
	MrWilliamDownie
	MrDavidGilbey(resigned25thMay2021)
	DrKatherineGrainger
	MrsBelindaRichards
	MsValerieCopenhagen
	MissLaurenAsquith(resigned5thJuly2021)
	MrsJoannaCoates
	MissLipaNessa(appointed5thJuly2021)

CompanySecretary	MrPeterEllis
ChiefExecutive	AlisonOliver
Registeredaddress	SportPark
	3OakwoodDrive
	Loughborough
	Leicestershire
	LE113QF

Companyregistrationnumber	4180163
Charityregistrationnumber	1086915
Auditor	BuzzacottLLP
	130WoodStreet
	London
	EC2V6DL

Date: 14 October 2022

					2022	2021
		General	Designated	Restricted	Total	Total
		funds	funds	funds	funds	funds
	Notes	£	£	£	£	£
Incomefrom:
Donationsandcapitalgrants	2	322,991		—	322,991	478,861
Charitableactivities	3	41,283		10,620,952	10,662,235	8,129,718
Othercharitytradingactivities	4	718,880		-	718,880	714,870
Investments	5	26,948			26,948	34,358
Othertradingactivities	6	254,009			254,009	152,508
Total		1,364,111		10,620,952	11,985,063	9,510,315
Expenditureon:
Raisingfunds		18,265	-	175,219	193,484	240,251
Charitableactivities	7	414,580	116,799	10,013,102	10,544,481	7,484,369
Othertradingactivities	6	178,899		-	178,899	100,054
Total	8	611,744	116,799	10,188,321	10,916,864	7,824,674
Netincome(expenditure)		752,367	(116,799)	432,631	1,068,199	1,685,641
Transfersbetweenfunds	15	(1,038,454)	1,038,454
Netmovementinfunds		(286,087)	921,655	432,631	1,068,199	1,685,641
Reconciliationoffunds
Fundbalancesat1April2021		5,460,599	759,883	3,836,699	10,057,181	8,371,540
Fundbalancesat31March2022		5,174,512	1,681,538	4,269,330	11,125,380	10,057,181

		Group	Group	Charity	Charity
		2022	2021	2022	2021
	Notes		£	£	£
Fixedassets
Tangibleassets	11	89,089	70,583	89,089	70,583
InvestmentinSubsidiary	18			1	1
		89,089	70,583	89,090	70,584
Currentassets
Stock		15,402	5,934
Debtors	12	1,399,585	376,227	1,437,307	403,020
Shorttermdeposits		9,107,750	9,753,904	9,107,750	9,753,904
Cashatbankandinhand		1,611,774	809,632	1,328,425	541,002
		12,134,511	10,945,697	11,873,482	10,697,926
Liabilities
Creditors:amountsfallingdue
withinoneyear	13	(1,098,220)	(959,099)	(1,078,453)	(929,728)
Netcurrentassets		11,036,291	9,986,598	10,795,029	9,768,198
Totalassetslesscurrent
liabilities		11,125,380	10,057,181	10,884,119	9,838,782
Incomefunds
Restrictedfunds	14	4,269,330	3,836,699	4,269,330	3,836,699
Unrestrictedfunds:
General		5,174,512	5,460,599	4,933,251	5,242,200
Designated	15	1,681,538	759,883	1,681,538	759,883
Totalfunds		11,125,380	10,057,181	10,884,119	9,838,782

		2022	2021
	Note	£	£
Cashflowsfromoperatingactivities
Netcashprovidedbyoperatingactivities	A	181,990	2,283,823
Cashflowsfrominvestingactivities
Interestfrominvestments		26,948	34,358
Purchaseofproperty,plantandequipment		(52,950)	(24,498)
Netcash(usedin)providedbyinvestingactivities		(26,002)	9,860
Changeincashandcashequivalentsinthereporting
period	B	155,988	2,293,683
Cashandcashequivalentsatthebeginningofthe
reportingperiod		10,563,536	8,269,853
Cashandcashequivalentsattheendofthereporting
period		10,719,524	10,563,536

	2022	2021
	£	£
Netincomeforthereportingperiod	1,068,199	1,685,641
Adjustedfor:
Depreciationchargesforamortisation	34,444	28,745
Interestfrominvestments	(26,948)	(34,358)
(Increase)decreaseindebtors	(1,023,358)	826,202
Increase(decrease)increditors	139,121	(228,865)
(Increase)decreaseinstocks	(9,468)	6,458
Netcashprovidedbyoperatingactivities	181,990	2,283,823

	2021	Cashflows	2022
	£	£	£
Cashatbank	809,632	802,142	1,611,774
Shorttermdeposits	9,753,904	(646,154)	9,107,750
Totalcashandcashequivalents	10,563,536	155,988	10,719,524

					2021
		Unrestricted	Designated	Restricted	Total
		funds	funds	funds	funds
	Notes	£	£	£	£
Incomefrom:
Donationsandcapitalgrants	2	209,899	-	268,962	478,861
Charitableactivities	3	752,534	-	7,377,184	8,129,718
Othertradingactivities	4	714,870	-	-	714,870
Investments	5	34,358	-	-	34,358
Othertradingactivities	6	152,508	-	-	152,508
Total		1,864,169	-	7,646,146	9,510,315
Expenditureon:
Raisingfunds		200	-	240,051	240,251
Charitableactivities	7	1,039,192	167,712	6,277,465	7,484,369
Othertradingactivities	6	100,054	-	-	100,054
Total	8	1,139,446	167,712	6,517,516	7,824,674
Netincome(expenditure)		724,723	(167,712)	1,128,630	1,685,641
Transfersbetweenfunds	15	330,858	(330,858)	—	—
Netmovementinfunds		1,055,581	(498,570)	1,128,630	1,685,641
Reconciliationoffunds
Fundbalancesat1April2020		4,405,018	1,258,453	2,708,069	8,371,540
Fundbalancesat31March
2021		5,460,599	759,883	3,836,699	10,057,181

Donationsandlegacies
			2022	2021
	Unrestricted	Restricted	Total	Total
	funds	funds	funds	funds
	£	£	£	£
Digitaldisadvantage	—	—	—	227,400
GarfieldWestonFoundation	50,000	-	50,000	—
JohnArmitage	100,000	-	100,000	70,000
Sky	51,810	-	51,810	75,175
Othergrantsanddonations	121,181	-	121,181	106,286
	322,991	-	322,991	478,861

Charitableactivities
			2022	2021
	Unrestricted	Restricted	Total	Total
	funds	funds	funds	funds
MinistryofHousing,Communities&Local
Government				247,079
DepartmentofEducation		296,458	296,458	300,000
PeoplesHealthTrust				173,529
SportEngland		6,521,273	6,521,273	3,855,907
HomeCountrySportsCouncils&
Partnerships		280,641	280,641	198,922
FootballAssociation		1,719,508	1,719,508	1,688,563
Spiritof2012		280,950	280,950	177,547
TheBritishCyclingFederation				6,654
BupaFoundation		80,000	80,000	80,000
ActivityAlliance				81,375
Co-opFoundation		31,695	31,695	31,695
LawnTennisAssociation		50,000	50,000	49,995
WalesFA		42,514	42,514	23,436
Lidl*		75,000	75,000	(80,322)
Nike		18,702	18,702	11,902
FuturesForSomersetLimited		16,840	16,840	18,550
SuffolkCountyCouncil		26,698	26,698	115,324
SirJohnBeckwith		26,850	26,850
WimbledonFoundation		254,570	254,570	149,969
Sky		36,200	36,200
ChancetoShineFoundation		76,269	76,269
SweatyBettyFoundation		86,305	86,305
ActiveCornwall		86,178	86,178
DorsetCountyCouncil		100,000	100,000
BirminghamEducationPartnership		52,351	52,351
BirminghamOrganisingCommitteeforthe		75,000	75,000
2022CommonwealthGamesLtd
CSMSport&EntertainmentLLP		61,737	61,737
MajorLeagueBaseballEuropeLtd		82,514	82,514	14,946
HaringeyCouncil		48,999	48,999
HMRCCoronavirusJobRetention
Scheme	39,033		39,033	752,534
HMRCKickstartScheme	2,250		2,250
Othercharitableactivities		193,700	193,700	232,113
	41,283	10,620,952	10,662,235	8,129,718

Othercharitytradingactivities
			2022	2021
	Unrestricted	Restricted	Total	Total
	funds	funds	funds	funds
			£	£
Conferences/Membership&other	718,880		718,880	714,870

nvestmentincome
			2022	2021
	Unrestricted	Restricted	Total	Total
	funds	funds	funds	funds
	£	£	£	£
Bankinterest-YST	26,922	—	26,922	34,234
Bankinterest-Subsidiary	26	—	26	124
	26,948	-	26,948	34,358

Othertradingactivities
			2022	2021
	Unrestricted	Restricted	Total	Total
	funds	funds	funds	funds
YouthSportTrustEnterprises	£	£	£	£
Income:
Netsalesfromtradingactivities	254,009	-	254,009	152,508
Expenditure:
Netexpenditureontradingactivities	178,899		178,899	100,054

			2022	2021
	Direct	Support	Total	Total
	costs	costs	funds	funds
	£	£	£	£
Activity
TransformingPE	276,714	216,837	493,551	614,445
RemovingBarriers	3,482,947	2,729,287	6,212,234	4,523,429
UnlockingPotential	1,334,351	1,045,617	2,379,968	779,519
EmpoweringActivism	531,084	416,165	947,249	1,255,766
StrengtheningFoundations	286,766	224,713	511,479	308,215
ChampioningResearch&Insight	—	—	—	2,995
	5,911,862	4,632,619	10,544,481	7,484,369

	2022	2021
	Total	Total
	funds	funds
	£	£
Salaries,consultantsandassociatedcosts	4,172,305	4,271,165
Staffrecruitment,trainingandwelfare	80,975	27,746
Travelandsubsidence	46,447	773
OfficeandITcosts	252,533	182,063
Rent,ratesandservicecharge	94,609	109,953
Insurance	19,670	20,052
Depreciation	34,444	28,745
Governancecosts	89,936	96,909
Costsattributabletothetradingsubsidiary	(158,300)	(124,500)
	4,632,619	4,612,906

	2022	2021
	Total	Total
	funds	funds
	£	£
Staffcosts(note10)	4,233,063	4,410,798
Auditor'sremuneration:
.Audit—currentyear	25,290	32,235
.Other—taxservices	1,250	2,474
Operatingleaserentals—landandbuildings	41,253	39,835
Operatingleaserentals—other		3,123
Depreciation—ownedassets	34,444	28,745

		2022	2021
		No.	No.
Programmedelivery:
-	Directdelivery	58	63
-	Programmesupport	14	15
Managementandadministration		32	34
		104	112

	2022	2021
	No.	No.
Programmedelivery:
- Directdelivery	55	60
- Programmesupport	14	15
Managementandadministration	28	30
	97	105
	2022	2021
Employmentcosts	£	£
Wagesandsalaries	3,691,404	3,852,459
Socialsecuritycosts	346,847	357,383
Otherpensioncosts	163,944	175,032
Apprenticeshiplevy	17,330	18,271
	4,219,525	4,403,145
Redundancycosts	13,538	7,653
	4,233,063	4,410,798

	2022	2021
	No.	No.
£60,001-£70,000	4	5
£70,001-£80,000
£80,001-£90,000	1	1
£120,001-£130,000	1	1

		Fixtures,
	Computer	fittingsand	2022
	equipment	furniture	Total
	£	£	£
Cost
At1April2021	421,815	243,199	665,014
Additions	52,950		52,950
Disposals		(309)	(309)
At31March2022	474,765	242,890	717,655
Depreciation
At1April2021	374,984	219,447	594,431
Chargedintheyear	28,782	5,662	34,444
Disposals		(309)	(309)
At31March2022	403,766	224,800	628,566
Netbookvalue
At31March2022	70,999	18,090	89,089
At31March2021	46,831	23,752	70,583

Debtors
	Group		Charity
	2022	2021	2022	2021
	£	£	£	£
Tradedebtors	1,212,633	211,965	1,167,865	202,924
Prepaymentsandaccruedincome	164,219	163,814	164,019	162,614
VATrepayment	22,733	448	48,488
Amountsowedbygroupundertakings			56,935	37,482
	1,399,585	376,227	1,437,307	403,020

Creditors:amountsfallingduewith	inoneyear
	Group		Charity
	2022	2021	2022	2021
	£	£	£	£
Tradecreditors	531,992	375,139	506,691	356,008
Accrualsanddeferredincome	465,227	321,031	426,435	275,781
Othertaxandsocialsecurity	101,001	262,929	101,001	262,929
Amountsowedtogroupundertakings	-	-	44,326	35,010
	1,098,220	959,099	1,078,453	929,728

	2022	2021
Netmovementanddeferredincome:	£	£
Balanceat1April2021
Utilisedduringtheyear
Additionalincomedeferred	9,996
Balanceat31March2022	9,996

		Movement	infunds
	Balance1			Balance31
	April2021	Income	Expenditure	March2022
	£	£	£	£
Charitableactivities
SchoolGames	335,188	4,687,931	(4,176,781)	846,338
BarclaysGirlsFootballSchool
PartnershipsbyTheFA	1,545,442	1,686,563	(1,809,616)	1,422,389
SchoolSport/Education&Delivery	455,125	1,811,912	(1,777,300)	489,737
Inclusion2024	7,118	296,458	(290,670)	12,906
DigitalDisadvantage	129,505	-	(75,271)	54,234
TeacherTraining	188,521	-	(123,433)	65,088
Sport&LeisureRecoveryPackage	70,861	238,000	(194,960)	113,901
ConnectingCommunitiesThroughCricket
—BreakingBoundaries	9,426	280,800	(225,811)	64,415
SetForSuccess	116,926	254,570	(138,735)	232,761
IntegratedCommunities	78,060	111,940	(60,957)	129,043
FundamentalMovementSkills	42,733	—	(11,931)	30,802
MentallyHealthySchools	44,419	(21,053)	(23,366)
SeriousSupport	87,380	35,000	(69,788)	52,592
ActiveHealthyMinds	19,640	-	(19,640)	—
EmpoweringGirls	12,996		(12,996)
DorsetHealthyMovers	—	100,000	(35,049)	64,951
Otherindividualprogrammes<£100k
income	693,359	1,138,831	(1,142,017)	690,173
Total	3,836,699	10,620,952	(10,188,321)	4,269,330

					Balanceat
		Balanceat1	Utilised/		31March
		April2021	realised	Transfer	2022
		£	£	£	£
Operational	andInnovationprojects	168,981	(47,233)	219,790	341,538
Investment	plan—DevelopingSystems&
processes		590,902	(69,566)	818,664	1,340,000
		759,883	(116,799)	1,038,454	1,681,538

	General	Designated	Restricted	Total
	funds	funds	funds	2022
Group			£	£
Fundbalancesat31March2022are
representedby:
Tangiblefixedassets	89,089			89,089
Currentassets	6,183,643	1,681,538	4,269,330	12,134,511
Creditors:amountsfallingduewithinone
year	(1,098,220)		-	(1,098,220)
	5,174,512	1,681,538	4,269,330	11,125,380

	General	Designated	Restricted	Total
	funds	funds	funds	2022
Group	£	£	£	£
Fundbalancesat31March2021are
representedby:
Tangiblefixedassets	70,583	-	-	70,583
Currentassets	6,349,115	759,883	3,836,699	10,945,697
Creditors:amountsfallingduewithinone
year	(959,099)	-	-	(959,099)
	5,460,599	759,883	3,836,699	10,057,181
	General	Designated	Restricted	Total
	funds	funds	funds	2022
Charity	£	£	£	£
Fundbalancesat31March2022are
representedby:
Tangiblefixedassets	89,089	-	-	89,089
Currentassets	5,922,615	1,681,538	4,269,330	11,873,483
Creditors:amountsfallingduewithinone
year	(1,078,453)	-	-	(1,078,453)
	4,933,251	1,681,538	4,269,330	10,884,119

	General	Designated	Restricted	Total
	funds	funds	funds	2022
Charity	£	£	£	£
Fundbalancesat31March2021are
representedby:
Tangiblefixedassets	70,583	-	-	70,583
Currentassets	6,101,345	759,883	3,836,699	10,697,927
Creditors:amountsfallingduewithinone
year	(929,728)	-	-	(929,728)
	5,242,200	759,883	3,836,699	9,838,782

Groupandcharity	Landand	buildings
	2022	2021
Amountsdue:	£	£
Withinoneyear	38,566	33,759
Betweentwoandfiveyears	154,262	135,034
Inoverfiveyears	607,408	565,455
	800,236	734,248

		YSTi		YSTe
	2022		2021	2022	2021
	£		£	£	£
Saleofgoodsinyear	13,814		17,126	158,300	125,020
Grantsanddonationsreceivedfrom
relatedparties
Purchaseofgoodsinyear	8,088		7,266	315,426	262,956
Amountsduefromrelatedparties	320		18,719	56,935	37,482
Amountsduetorelatedparties	2,329		5,766	44,326	35,010