**Company Number: 04181593 (England and Wales) Charity Number: 1088600**
## **CP SPORT**
## **Report and Accounts**
**For the year ended 31 March 2023**
**CP SPORT**
## **Report and Accounts**
## **For the year ended 31 March 2023**
## **INDEX**
## **Page Number**
|1|to|5|Trustees’ Annual Report|
|---|---|---|---|
|6|||Independent Examiner’s Report|
|7|||Statement of Financial Activities|
|8|||Balance Sheet|
|9|to|15|Notes forming part of the Accounts|
**CP SPORT**
## **Company Information**
## **Company Number: 04181593**
## **Charity Number: 1088600**
**Registered Office** Lychett House 13 Freeland Park Wareham Road Poole Dorset BH16 6FA **Trustees** R Broughton C Jay E Jones I Coombes A Gosling (Appointed 15 June 2022) D Rad (Appointed 15 June 2022) **Accountants** Kings Chartered Accountants Unit 4 Grovelands Boundary Way Hemel Hempstead Hertfordshire England HP2 7TE
## **Independent Examiners**
Kings Chartered Accountants Unit 4 Grovelands Boundary Way Hemel Hempstead Hertfordshire England HP2 7TE
**CP SPORT**
**Trustees’ (Directors’) Annual Report**
## **For the year ended 31 March 2023**
## **Chair’s Statement for the Period Ended 31 March 2023**
As we continue to progress our new strategy, this year has been one of experimentation and learning. Our strategy to increase our impact through focusing on building opportunities for everyone with CP to enjoy a lifetime habit of sport and physical activity was endorsed by our success in achieving 5-year funding as a Sport England System Partner.
Alongside continuing to host national swimming and athletics events, we have focused our efforts on learning what is needed to increase opportunities for participation at local levels. This has seen us working with partners in the North East to develop their capacity to coach and support people with CP at local clubs, and we have brokered Sport England funding towards local organisations to host CP events and activities. This has delivered results, through increased opportunities, increased capacity to support people with CP, and increased engagement with local people and partners to ensure we are focusing on what people with CP want and need. We will take our learning from this region forward as we continue to implement our strategy to provide more opportunities and deliver more impact for our community.
The investment in branding and a new website has begun to yield results. Increasing awareness of CP Sport has led to increased interest in fundraising for us and we look forward to growing our community fundraising activity as we go forward. We have continued to offer our online CP Cafes, and these remain a popular way to connect with others, share experiences and create friendships. Many of our Ambassadors have participated in these activities and continue to be an incredible source of inspiration to everyone.
I would like to extend my thanks to all our volunteers. I am particularly grateful to all the officials who supported the swimming and athletics nationals this year. Without you, these events simply could not happen, and we are grateful for your support and thoughtful suggestions as to how we can improve and extend the impact of these events in the future. Our volunteers are a vital members of ‘Team CP Sport’ and we look forward to developing more opportunities for volunteers to participate in and shape what we do in the future
Inclusion is at the heart of what we do at CP Sport, and we were pleased to work with Inclusive Boards in the recruitment of trustees to the Board of CP Sport. This means that alongside trustees with expertise in mental wellbeing, physical health and sport development, our trustees have lived experience of CP. This ensures that we remain focused on our community and, we hope, model the change we want to see, with more people with CP in leadership positions in sport. We worked with Level Equals in the recruitment of our new Chief Executive, to ensure that the process was accessible to all, and we were delighted to appoint Brendan Tonks to the role in December 2022.
This year has been one of learning and consolidation, continuing to build on the foundations that we have put down for our new strategy. The impact of the Covid pandemic is still with us and recovery and change take time. Sport has a unique capacity to bring people together and by building our connection, we will thrive.
Richard Broughton Interim Chair of the Board of Trustees
Page 1
## **CP SPORT**
## **Trustees’ (Directors’) Annual Report**
## **For the year ended 31 March 2023**
The Trustees present their annual report together with the unaudited financial statements of CP Sport for the 12 months ended 31 March 2023. The Trustees confirm that the annual report and financial statements of the charity comply with the current statutory requirements, the requirements of the charity’s governing document and the provisions of the Statement of Recommended Practice: "Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the United Kingdom and the Republic of Ireland (FRS102)" effective from January 2019.
The Trustees, who are also the directors for the purpose of company law, and who served during the year were:
R Broughton C Jay E Jones I Coombes
A Gosling (Appointed 15 June 2022) D Rad (Appointed 15 June 2022) L Wardle (Resigned 9 July 2024)
J Harrison (Resigned 29 February 2024)
## **Objectives and activities**
## **Objectives**
The objects for which the charity is established for are for the relief of people with cerebral palsy. To promote and protect the physical and mental health of people with cerebral palsy, acquired brain injury and physical disabilities, for the public benefit, in particular, but not exclusively by:
- providing information in relation to opportunities to participate in accessible sports;
- organising accessible sport and physical activity events;
- providing training and advice for those providing therapy, coaching or training for those with cerebral palsy, acquired
- brain injury and physical disabilities in order to participate in sport and physical activity;
- carrying out research and insight;
- making of grants;
- provision of equipment; and
- development of adapted sports.
The charity’s activities are reviewed each year by the Board of Trustees. In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)' as well as the services and activity needs of our beneficiaries. The Charity Commission in its “Charities and Public Benefit” Guidance states that there are two key principles to be met in order to show that an organisation’s aims are for the public benefit: firstly, there must be an identifiable benefit and secondly, that the benefit must be to the public or a section of the public. The Trustees are satisfied that the aims and objectives of the charity, and the activities reported on below to achieve those aims and meet those principles.
## **Our Strategy to Achieve our Objectives**
Following a comprehensive review of the charity’s strategy and operations in consultation with the executive team, our community and wider stakeholders we approved a new strategy for CP Sport in April 2022. We continually seek to grow our impact and ensure that more people with cerebral palsy have access to sport and physical activity. We recognise that this will not be achieved through direct delivery alone, and collaboration and building community is at the heart of our strategy.
Our strategy is summarised here. This is an evolving strategy that will continue to develop according to the wants and needs of our community and in a dynamic funding, financial and social context.
_**Our vision**_ is that everyone with cerebral palsy enjoys a lifetime habit of sport and physical activity.
Page 2
## **CP SPORT**
## **Trustees’ (Directors’) Annual Report**
## **For the year ended 31 March 2023**
_**Our mission**_ is to influence the sector and wider society so that every person with cerebral palsy has the choice and opportunity to be physically active.
_**Our objectives**_ are to:
- Develop and support a regional network to provide sport and physical activity opportunities
- Develop impactful education and training to increase access to sport and physical activity
- Build community
- Increase play and participation opportunities and choice for children
- Tackle inequalities and address intersecting inequalities for people with CP in sport
## _**Our values**_ are:
- Listen
- Collaborate
- Learn
- Support
- Bring enjoyment
- Advocate
If we are to achieve our vision and mission in the interests of our community, it is vital that people with cerebral palsy are aware of us and trust us to deliver what they want and need to enjoy a lifetime of physical activity. We need a well led and committed staff team who have the skills and confidence to succeed and the ability to respond to the opportunities and challenges they encounter. We need to understand the impact we are making and to gather insight and feedback necessary for us to learn and continuously improve and we need to ensure the financial resilience to realise our ambitions for our community. We have focused on these enablers in parallel with delivering our strategic objectives.
## **Achievements in progressing our strategy**
Research undertaken by the University of Nottingham confirmed our conviction that local access is of major importance achieving our mission. This year we have focused on developing a regional offer for people with CP based in North East England. Taking a ‘test and learn’ approach, we have been experimenting with our ways to increase opportunity and choice by collaborating with local clubs and groups to develop their capability to work with people with CP. We have sought to put local people in the lead of shaping a regional offer and established a steering group to guide our activity. We will continue to reflect on and review our successes and out learning from the North-East pilot with the intention of rolling out our regional offer in future periods.
Our regional activity has included:
- Working with partners to develop a regional steering group
- Providing training and coaching support to local clubs and coaches
- Support to increase awareness of local opportunities
Directing Together Fund funding to support an increase in accessible sport in the North East. This included working with the Golf Foundation to support 311 children to participate in the Festival of
Page 3
## **CP SPORT**
## **Trustees’ (Directors’) Annual Report**
## **For the year ended 31 March 2023**
- Golf; with Smile Through Sport we enabled 58 young people to access frame running, and; we supported the establishment of a new disabled riding club for children and adults.
In addition to developing our regional offer, we also undertook a range of activities in support of our strategic objectives including:
- Hosted National Swimming and Athletics competitions
- Launched CP Coaching Cards to develop football and frame-running coaches’ capacity to support people with CP
- Developed a CP Awareness programme of training with UK Coaching
- Continued to deliver online Cafés with Scope to build social connections
- Significantly increased out social media presence and engagement
- Supported the ongoing development of CP Football. The CP Football league has over 120 registered players. The final held at St Georges Park was televised and say North East Yorkshire FC defeat CP North West 5 – 4 on penalties.
We look forward to consolidating our learning in relation to our regional offer and extending our regional model as we go forward. We have been an engaged System Partner working with Sport England, NDSOs and other partners, supporting Sport England’s vision to Unite the Movement in its aim to transform lives and communities through sport and physical activity. We continue to advocate for the particular interests of people with CP locally, regionally and nationally, and aim to be a model for improving lives through sport.
## **Statement of Trustees’ Responsibilities**
The Trustees, who are also the directors of CP Sport for the purpose of company law, are responsible for preparing the Trustees’ Report and the accounts in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the trustees, to prepare accounts for each financial year, which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year.
In preparing these accounts the trustees are required to:
- Select suitable accounting policies and then apply them consistently;
- Observe the methods and principals of the Charities SORP;
- Make judgements and estimates that are reasonable and prudent;
- Prepare the accounts on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The trustees are responsible for keeping proper accounting records which disclose, with reasonable accuracy at any time, the financial position of the company and to enable them to ensure the accounts have been properly prepared in accordance with the provisions of the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
The Directors have taken advantage of section 477(2) of the Companies Act 2006 which exempts the company from the requirement to have the accounts audited.
Page 4
**Trustees’ (Directors’) Annual Report**
## **CP SPORT**
## **For the year ended 31 March 2023**
The Company is required to have an Independent Examination in accordance with the provisions in the Charities Act 2011. Accordingly, Sara Brown FCA, of Kings CAP Ltd, Chartered Accountants, was appointed Independent Examiner.
By Order of the Board:
………………………………………. Chris Jay Trustee and Director
Date: 30 January 2025
Page 5
## **CP SPORT**
## **Independent Examiner’s Report**
## **To The Trustees of CP SPORT**
## **Independent Examiner's Report to the Trustees of CP Sport**
I report to the charity trustees on my examination of the accounts of the company for the year ended 31 March 2023, charity number 1088600, company number 04181593 which are set out on pages 7 to 15.
## **Respective responsibilities of trustees and examiner**
As the charity trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your company’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the company as required by section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view’ which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
**Signed**
**Sara Brown FCA Kings Chartered Accountants Unit 4 Grovelands Boundary Way Hemel Hempstead Hertfordshire HP2 7TE**
## **Date: 30 January 2025**
Page 6
## **CP SPORT**
## **Statement of Financial Activities**
## **For the year ended 31 March 2023**
|
**Incoming resources from:**
**Notes**
Donations and legacies
**2**
Charitable activities
Other trading activities
Investments
**3**
**Total Incoming Resources**
**Resources expended from:**
Raising funds
**4**
Costs of charitable activities
**5**
**Total resources expended**
**Net Surplus/(Deficit)**
**12 & 13**
Transfer between funds
**Net movement in funds**
Total Surplus at 1 April 2022 – as restated
Transfer between funds – as restated
**Total Surplus at 31 March 2023**|**2023**
**Unrestricted**
**Funds**
**£**
31,526
12,770
290
-
44,586
(51,914)
(12,981)
(64,895)
(20,309)
16,246
(4,063)
118,271
114,208|**2023**
**Restricted**
**Funds**
**£**
275,471
-
-
-
275,471
(78,233)
(146,563)
(224,796)
50,675
(16,246)
34,429
44,045
78,474|**2023**
**Total**
**Funds**
**£**
306,997
12,770
290
-
320,057
(130,147)
(159,544)
(289,691)
30,366
-
30,366
162,316
192,682|**2022**
**Unrestricted**
**Funds**
**£**
84,481
5,850
14
-
90,345
(64,633)
(2,474)
(67,107)
23,238
71,113
94,351
20,417
3,503
118,271|**2022**
**Restricted**
**Funds**
**£**
209,430
-
-
-
209,430
(101,258)
(119,385)
(220,643)
(11,213)
(71,113)
(82,326)
129,874
(3,503)
44,045|**2022**
**Total**
**Funds**
**£**
293,911
5,850
14|
|---|---|---|---|---|---|---|
|||||||299,775|
|||||||(165,891)
(121,859)|
|||||||(287,750)|
|||||||12,024|
|||||||12,024|
|||||||150,291
-|
|||||||162,316|
The Statement of Financial Activities has been prepared on the basis that all operations are continuing operations.
_The notes on pages 8 to 15 form part of these accounts._
Page: 7
## **CP SPORT**
## **Balance Sheet**
## **As at 31 March 2023**
||**Notes**||**2023**||**2022**|
|---|---|---|---|---|---|
|||**£**|**£**|**£**|**£**|
|**Current Assets**||||||
|Tangible Assets|**9**||9,713||10,979|
||||________||________|
||||9,713||10,979|
|**Current Assets**||||||
|Debtors|**10**|21,087||4,981||
|Cash at bank and in hand||185,873||186,697||
|||________||________||
|||206,960||191,678||
|**Creditors:**||||||
|Amounts falling due within one year|**11**|(23,991)||(40,342)||
|||________||________||
|**Net Current Assets**
|||182,969|
|151,336|
||||________||________|
|**Total Assets Less Current Liabilities**|||192,682||162,316|
||||________||________|
|**Net Assets**|||192,682||162,316|
||||=======||=======|
|**Funds of the Charity**||||||
|Restricted Funds|**12**||78,474||20,417|
|Unrestricted Funds
|**13**||114,208||129,874|
||||________||________|
|**Total Charity Funds**|||192,682||162,316|
||||=======||=======|
The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for:
- (a) ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.
These accounts have been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.
The financial statements were approved by the Board of Directors on 30 January 2025 and were signed on its behalf by:
....................................................................... Chris Jay
_The notes on pages 8 to 15 form part of these accounts._
Page: 8
## **CP SPORT**
## **Notes forming part of the Accounts**
## **For the year ended 31 March 2023**
## **1 Principal Accounting Policies**
## _**Company Information**_
CP Sport is a private charitable company limited by guarantee, incorporated in England & Wales. The registered office is at Lytchett House, 13 Freeland Park, Wareham Road, Poole, Dorset, BH16 6FA.
## _**Accounting Convention**_
The accounts have been prepared under the historical cost convention, the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with; the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and Charities Act 2011. The accounts include the results of the company’s operations, which are described in the Trustees’ Annual Report, all of which are continuing. The charity constitutes a public benefit entity as defined by FRS 102.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest pound.
## _**Going Concern**_
_The accounts have been prepared on a going concern basis which assumes that the charitable company will continue to operate for the foreseeable future despite the current economic impact as a result of COVID-19. The Trustees and Directors consider that the available reserves and the availability of continued financial support will ensure the required working capital be in place for the company to continue operations for the foreseeable future. This is based on the Trustees and Directors opinion that the activity will continue to grow with increased publicity and support of their charitable activities. If the company were unable to continue to trade adjustments would have to be made to reduce the value of assets to their realisable amount, and to provide for any further liabilities that may arise._
## _**Incoming Resources**_
All incoming resources are included in the Statement of Financial Activities when the company is legally entitled to the income and the amount can be quantified with reasonable accuracy. Income from charitable trading activities is recognised when the related goods and services have been completed and dispatched.
Income from grants and other donations which are of a voluntary nature are recognised when the charitable company has been notified in writing of both the amount and settlement date and receipt is probable. Grants received for future accounting periods are deferred.
Income from grants, and similar income where conditions for payment are linked to performance, are recognised to the extent that the charity has met the conditions.
Income from donated facilities is recognised when the charitable company utilises the facilities with the fair value being recognised as incoming resources and expended resources simultaneously, as appropriate.
## _**Resources Expended**_
Expenditure is accounted for on an accruals basis, recognised when a liability is incurred, and classified under headings that aggregate all costs related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Support costs have been allocated between governance costs and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice. Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources.
## _**Cash and Cash Equivalents**_
Cash and cash equivalents are basic financial assets and include cash in hand and deposits held with banks.
## _**Basic Financial Assets**_
Basic financial assets, which include bank balances, are initially measured at transaction price including transaction cost and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
Page: 9
**CP SPORT**
**Notes forming part of the Accounts**
## **For the year ended 31 March 2023**
## _**Basic Financial Liabilities**_
Basic financial liabilities, including creditors, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
## _**Depreciation**_
Tangible assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write down the cost, less estimated residual value, of all tangible fixed assets over their expected useful lives as follows:
Office Equipment 15% on written down value Computer Equipment 20% on written down value
## _**Fund Accounting**_
Unrestricted funds are those which are unrestricted and are available for use at the discretion of the Trustees in the furtherance of the general objectives of the charity and which have not been designated for other purposes.
Restricted finds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the accounts.
## _**Employee benefits**_
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
## **2 Income Resources from Donations and Legacies**
||**Unrestricted**|**Restricted**|**Unrestricted**|**Restricted**|
|---|---|---|---|---|
||**2023**|**2023**|**2022**|**2022**|
||**£**|**£**|**£**|**£**|
|Donations|31,526|-|84,481|-|
|Grants||275,471|-|209,430|
||31,526|275,471|84,481|209,430|
||======|=======|======|======|
## **3**
## **Income from charitable activities**
||**2023**|
**2022**|
|---|---|---|
||**£**|£|
|Corporate|2,029|3,000|
|Sports and Events Income|9,891|1,715|
|Membership Income|850|1,135|
||_______|_______|
||12,770|5,850|
||=======|=======|
Page: 10
**CP SPORT**
**Notes forming part of the Accounts**
## **For the year ended 31 March 2023**
## **4 Resources Expended: Raising Funds**
||**Unrestricted**|**Restricted**|**Unrestricted**|**Restricted**|
|---|---|---|---|---|
||**2023**|**2023**|**2022**|**2022**|
||**£**|**£**|**£**|£|
|Travel expenses|1,552|770|479|1,642|
|Subscriptions|1,075|823|1,457|1,123|
|Equipment Purchases|1,350|-|6,447|2,322|
|Online fundraising|306|-|12,327|-|
|Post and carriage|1,985|1,250|-|-|
|Administrative expenses|36,709|60,454|14,778|43,026|
|Support costs|8,937|14,936|29,145|53,145|
||51,914|78,233|64,633|101,258|
====== ======= ======= =======
## **5 Resources Expended: Costs of Charitable Activities**
||**Unrestricted**|**Restricted**|**Unrestricted**|**Restricted**|
|---|---|---|---|---|
||**2023**|**2023**|**2022**|**2022**|
||**£**|**£**|**£**|£|
|Staff costs|6,671|128,163|-|108,976|
|Depreciation|1,893|201|2,412|-|
|Other costs|-|-|62|10,409|
|Event costs|4,417|18,199|||
||12,981|146,563|2,474|119,385|
||======|======|=======|=======|
## **6 Trustees**
None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year save as shown in the employees note.
Page: 11
## **CP SPORT**
## **Notes forming part of the Accounts**
## **For the year ended 31 March 2023**
## **7 Employees**
The average monthly number of persons employed by the company during the year was:
|**2023**
**Number**
Administrative staff
5
_______
5
=======
=
The aggregate remuneration comprised:
**2023**
**£**
Salaries
135,502
_______
135,502
=======
No individual employee’s total benefits exceeded £60,000 during the year (2022: None).
**8**
**Intangible Fixed Assets**
**Cost**
At 1 April 2022
At 31 March 2023
**Amortisation**
At 1 April 2022
At 31 March 2023
**Net book value**
At 31 March 2023
|**2022**
Number
5
_______
5
======
**2022**
£
158,011
_______
158,011
=======
**Website**
**£**
20,400
20,400
=======
20,400
20,400
=======
-
=======|
|---|---|
Page: 12
## **CP SPORT**
## **Notes forming part of the Accounts**
## **For the year ended 31 March 2023**
|**9**|**Tangible Fixed Assets**||||
|---|---|---|---|---|
||||**Total**||
||||**£**||
||**Cost**||||
||At 1 April 2022||43,513||
||Additions|||-|
||At 31 March 2023||43,513||
||||=======||
||**Depreciation**||||
||At 1 April 2022||31,706||
||Charge for the year||2,094||
||At 31 March 2023||33,800||
||||=======||
||**Net book value**||||
||At 31 March 2023||9,713||
||||=======||
|**10**|**Debtors**||||
|||**2023**|**2022**||
|||**£**|£||
||Trade debtors|-|128||
||Other debtors and prepayments|21,087|4,853||
|||________|________||
|||21,087|4,981||
|||=======|=======||
|**11**|**Creditors: Amounts falling due within one year**|**2023**|**2022**||
|||**£**|£||
||Bank overdrafts|-|548||
||Trade Creditors|21,000|18,513||
||Other taxation and social security|-|8,853||
||Other Creditors|491|465||
||Accruals and deferred income|2,500|11,963||
|||________|________||
|||28,991|40,342||
|||=======|=======||
Page: 13
## **CP SPORT**
## **Notes forming part of the Accounts**
## **For the year ended 31 March 2023**
|**12**|**Unrestricted Funds**||||||
|---|---|---|---|---|---|---|
|||**As Restated**||**Net**|**Transfer**|**As at 31**|
|||**At 1 April 2022**||**Movement**|**between**|**March 2023**|
||||**£**|**in Funds**|**funds**|**£**|
|||||**£**|||
||Unrestricted Funds – General Fund||118,271|(20,309)|16,246|114,208|
||||=======|=======|=======|=======|
|**13**|**Restricted Funds**||||||
|||**At 1**|||**Transfer**|**At 31**|
|||**April**|||**between**|**March**|
|||**2022**|**Income**|**Expenditure**|**funds**|**2023**|
|||**£**|**£**|**£**||**£**|
||Sport England|6,347|183,706|(149,290)||40,763|
||BBC Children in Need|10,529|-|-|(10,529)|-|
||St James Place|9,063|-|-|(9,063)|-|
||The FA|-|38,100|(33,178)||4,922|
||Proveca|(3,503)|5,000|(1,262)||235|
||CAF|9,513|24,967|(30,596)||3,884|
||Hargreaves Foundation||10,000|||10,000|
||Together Fund||11,198|(3,421)||7,777|
||Nottingham University||2,500|(1,393)|(1,107)|-|
||Boost|(6,060)||(893)|4,453|(2,500)|
||Postcode Lottery|18,156|-|(4,763)||13,393|
|||44,045|275,471|(224,796)|(16,246)|78,474|
|||======|=======|=======|=======|======|
## **Restricted Funds Corrections**
In each case listed below where residual monies have been transferred from restricted funds to unrestricted funds, this has been done with the explicit permission of the funder in question. Written records can be provided upon request.
## **BBC Children in Need**
In 2018, we were awarded a grant from BBC Children in Need over 3 years. Year 1 amount was £37789.20, Year 2 was £37786 and year 3 was £36,825. Each year a report was submitted with financial evidence of spend. The project was completed fully, and a report including financial details filed with the funder. Due to a CP Sport accounting error, the accounts at the end of the 2022 financial year show an underspend of £10,529. To correct our accounts, £10,529 has been transferred into our unrestricted funds, and recorded in our resubmitted 2023 accounts.
## **St James Place**
SJP Foundation granted CP Sport an award in 2019 over 3 years. Year 1- £10,000.97, Year 2- £10,000.96 and Year 3- £10,004.52 totalling £30,006.45. The project was completed fully, and a report including financial details filed with the funder. Due to a CP Sport accounting error, the accounts at the end of the 2022 financial year show an underspend of £9,063. To correct our accounts, £9,603 has been transferred into our unrestricted funds, and recorded in our resubmitted 2023 accounts.
Page: 14
## **CP SPORT**
## **Notes forming part of the Accounts**
**For the year ended 31 March 2023**
## **Restricted Fund Corrections (Continued)**
## **Proveca**
Proveca sponsored CP Sport to deliver 3 events, providing £5,000 funding. The 3 events were delivered, and a report including financial details filed with the funder. Due to a CP Sport accounting error, this Proveca income was not recorded on our 2022 annual accounts. To correct our accounts, £5,000 has been recorded as income in our resubmitted 2023 accounts.
## **Don & Stain**
CP Sport 2023 annual accounts originally recorded ‘Don & Stain’ as a restricted fund. During corrective actions on our annual accounts, we have discovered that this is not an individual restricted fund, but is part of the Together Fund. To correct our accounts, £1,065 has been transferred into our Together Fund restricted funding in our resubmitted 2023 accounts.
## **Together Fund**
On our original 2023 accounts our Together Fund restricted fund reported an income of £14,763 and an expenditure of £3,619. During corrective actions on our annual accounts, we have discovered that our income was £11,198 (including the Don and Stain transfer of £1,065), and our expenditure was £3,421. These have been corrected on our resubmitted 2023 accounts.
## **Edward Gosling**
The Edward Gosling Foundation awarded CP Sport £5,000 in June 2022. The grant was for use on overhead and core costs of the charity. Due to a CP Sport accounting error, the grant was recorded as an individual grant, rather than included in our unrestricted fund. To correct the error, the Edward Gosling fund has been removed from our resubmitted 2023 accounts and transferred into our unrestricted funds.
## **Nottingham University**
In June 2022, CP Sport were accommodated 2 student interns from the University of Nottingham. We were awarded a grant of £2,500 to support the costs of the students. £1,393 of this funding was allocated to the student's salaries, whilst £1,107 was to be used on overhead costs associated with hosting the students. The £1,107 was spent but due to a CP Sport accounting error, it was not recorded. To correct this we have transferred £1,107 into our unrestricted funds in resubmitted 2023 accounts.
## **Boost**
CP Sport received £8,350 from Boost in 2021-2022. The funding was used to run 4 Frame Running events, included associated costs. The project was completed and reported on fully. Due to a CP Sport accounting error, £4,453 of spending was incorrectly allocated to this restricted fund during the delivery period. To correct this on our resubmitted 2023 accounts, £4,453 of unrestricted funding has been transferred into this Boost restricted fund.
## **Postcode Lottery**
The Postcode Lottery awarded CP Sport £19,900 in October 2021. During recent corrective actions on our accounts, we identified that income had been incorrectly recorded as £1,744 in our 2022 accounts. To correct this on our resubmitted 2023 accounts, we have transferred £18,156 from unrestricted funds, into the Postcode Lottery restricted fund. Our resubmitted 2023 accounts now record an opening balance of £18,156.
## **14 Called up share capital**
The company is limited by guarantee and has no share capital. Under the provisions of the company’s memorandum of association, each member would be required to contribute a sum not exceeding £1 for the payment of debts of the company in the event of a deficiency of assets on a winding up of the company.
## **15 Control**
The charity has been controlled throughout the year by the trustees, whom are identified in the company information.
## **16 Transactions with Trustees and Related Parties**
None of the trustees have been paid any remuneration or received any other benefits from employment with the Charity or any related entity.
Page: 15
## **CP SPORT**
## **Notes forming part of the Accounts**
## **For the year ended 31 March 2023**
## **Restricted Fund Corrections (Continued)**
## **Proveca**
Proveca sponsored CP Sport to deliver 3 events, providing £5,000 funding. The 3 events were delivered, and a report including financial details filed with the funder. Due to a CP Sport accounting error, this Proveca income was not recorded on our 2022 annual accounts. To correct our accounts, £5,000 has been recorded as income in our resubmitted 2023 accounts.
## **Don & Stain**
CP Sport 2023 annual accounts originally recorded ‘Don & Stain’ as a restricted fund. During corrective actions on our annual accounts, we have discovered that this is not an individual restricted fund, but is part of the Together Fund. To correct our accounts, £1,065 has been transferred into our Together Fund restricted funding in our resubmitted 2023 accounts.
## **Together Fund**
On our original 2023 accounts our Together Fund restricted fund reported an income of £14,763 and an expenditure of £3,619. During corrective actions on our annual accounts, we have discovered that our income was £11,198 (including the Don and Stain transfer of £1,065), and our expenditure was £3,421. These have been corrected on our resubmitted 2023 accounts.
## **Edward Gosling**
The Edward Gosling Foundation awarded CP Sport £5,000 in June 2022. The grant was for use on overhead and core costs of the charity. Due to a CP Sport accounting error, the grant was recorded as an individual grant, rather than included in our unrestricted fund. To correct the error, the Edward Gosling fund has been removed from our resubmitted 2023 accounts and transferred into our unrestricted funds.
## **Nottingham University**
In June 2022, CP Sport were accommodated 2 student interns from the University of Nottingham. We were awarded a grant of £2,500 to support the costs of the students. £1,393 of this funding was allocated to the student's salaries, whilst £1,107 was to be used on overhead costs associated with hosting the students. The £1,107 was spent but due to a CP Sport accounting error, it was not recorded. To correct this we have transferred £1,107 into our unrestricted funds in resubmitted 2023 accounts.
## **Boost**
CP Sport received £8,350 from Boost in 2021-2022. The funding was used to run 4 Frame Running events, included associated costs. The project was completed and reported on fully. Due to a CP Sport accounting error, £4,453 of spending was incorrectly allocated to this restricted fund during the delivery period. To correct this on our resubmitted 2023 accounts, £4,453 of unrestricted funding has been transferred into this Boost restricted fund.
## **Postcode Lottery**
The Postcode Lottery awarded CP Sport £19,900 in October 2021. During recent corrective actions on our accounts, we identified that income had been incorrectly recorded as £1,744 in our 2022 accounts. To correct this on our resubmitted 2023 accounts, we have transferred £18,156 from unrestricted funds, into the Postcode Lottery restricted fund. Our resubmitted 2023 accounts no record an opening balance of £18,156.
## **14 Called up share capital**
The company is limited by guarantee and has no share capital. Under the provisions of the company’s memorandum of association, each member would be required to contribute a sum not exceeding £1 for the payment of debts of the company in the event of a deficiency of assets on a winding up of the company.
## **15 Control**
The charity has been controlled throughout the year by the trustees, whom are identified in the company information.
## **16 Transactions with Trustees and Related Parties**
None of the trustees have been paid any remuneration or received any other benefits from employment with the Charity or any related entity.
Page: 15