Charity re9TrStrntlon number 1090437 Company reglstration number 04104079 (England and Walesl GREATER MANCHESTER COMMUNITY BASKETBALLAND SPORTS ASSOCIATION LIMITED ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021 ,'Iii 111111 '4BDKQ22Z* A13 CC*APANIES IIOUSE GREATER MANCHESTER COMMUNITY BASKETBALL AND SPORTS ASSOCIATION LIMITED LEGAL AND ADMINISTRATNE INFORMATION Trustg9S Mr J Forber MCA ButteAVOrth Mi M Leech Mi N Faidamb Mr D Jones MSA Gilrwan IAppDinted 8 February 20221 IAppointe(18 February 20221 Mr J Keyes Secretary Mrs Maig#rTrta Forber Charity number 1090437 Company number 04104079 R&gi$ttred office Manthester Basketball Centre Ibraham Road Manchester M16 8GW Independent examlner JL WndeT & Co 125 Ramsden Squ8 Barrow in Fumess Cumbria LA14 1XA GREATER MANCHESTER COMMUNITY BASKETBALLAND SPORTS ASSOCIATION LIMITED CONTENTS Page Trustees. report Independent examinefs report Slatemenl offinancial Balance sheet Note5 to the fin3nri315tatements 7-20 GREATER MANCHESTER COMMUNITY BASKETBALLAND SPORTS ASSOCIATION LIMITED TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 AUGUST 2021 The tDJStees present their annual Teport and financiaf slalements for the year ended 31 August 2021. The accounts have been prepared in acCordar￿￿ whth the a¢¢ounb"ng policies sei out In note 1 to tre a¢counl$ ano comply with the charity'5 Mernor8ndurn and Artscles of AssocTrabon, the Companies Ad 2006 and °Accounting and Reporting by Charities-. Ststernenl of Recommended Practice applicable to ¢harities preparing their accounts in a¢Gordance with the Finanual RepoFknng Standard ap￿ICable in the UK and Republic of Ireland {FRS 1021. la5 amended lor attDunling periods cornmenung from 1 January 20161 Obje¢tives and activities The char(Vs objeds are to promote edu¢¥1￿ of ch￿dren. young person5 and the general public and to improve the qualty ol life of all such persons by providing t)asketbal( and other sporting and reC￿tiOn f&ilities lor the community of Greater Manchester. T9 8chie¥e this the company., offers opportunitie5 for a broad range of people to 9et invo5ved in sporting actNities. provides facilities for bolh able and disabled people to be involved in sporh"r4J acbvities. helps young peo￿? lo develop thwr sporting abilities PTomoles 5PQrting eyeftt$ lo allow pe¢ple in the area to watth sportsmen and women of higher ability to perform. The trustees have paid due regart1 to guidance issued by the Ch81ity Commi5SiDn in deudin9 what activities the charity should undertake. Achlevèments and perfomian¢e The charity has continued to fiJlfil its objectNes of develO￿"n9 partic?patTron in swrt in the Greater Manchester a￿a. Due to the COVID19 pandemic the charity had to partialty dose tn March 2020 which had a deln"menlal impact on some ol its income streams, The diTeclors and trustees are grateful for the donations they cortb"nLse lo iece5ve lo alltyw their work lo a)nlinue. The direclors are conslantly looking at ways of oblaining support for the chartty. Financial review The main source of income has been from the use of the sports hall £57.067 12020- £56.5701, ¢oaching in¢tsrne £62,28012020- £38.5981 and the Health and Filness Club lees £55.14512020- £60.158). The IL)t31 in¢ome lor the period was £327,668 12020 £272,135) %%ith the oth&r main sources ol income being grants of £142,640 12020 - £87,693). donations E20 12020 - £8921, and accommodation lees £7,445 (2020 - £9,9351. Additional incorne in the period came frorn Centre Evenl4 Sponsorship and merchandise which tolalled £3.071 {2020- £18,278) and bank interest frorn Ihe Business Tracker account £O12020- £111. The granfs were higher irh the year as charity rer£ived £35,720 [2020 - £31.437) from fhe CorDnavirus Job Retention Scheme and £39,750 from Coronavirus CoLsnal Grants12020- £01. Totsl expenditure in the period amounted to £294.98212020- £290.3251 The charity incurred a sU￿lUS for the penod of £32.68612020- defityt of £18,190) The unrestricted fund balanGe at the end oflhe wod was £215.30912020- £213.4811. There was a balance on restricted fvnds ol t30.858 at the yeai end. Granls had been received Yrom the Peter Harrison Foundalion towards the pur¢hase of a Min￿buS for tke charity and from the British Council for a trip to Portugal due to take place in 2021-22. GREATER MANCHESTER COMMUNITY BASKETBALLAND SPORTS ASSOCIATION LIMITED TRUSTEES. REPORT (CONTINUED){INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 31 AUGUST 2021 It is pulicy of the charity that unrestricted funds which have not been de5ign¥ted foT specific use should be maintained al a level equNalent to three month's expendrture. The Twstees consi(Jer that rpserves at thi5 level will ensure that. in the event ol a si9nifirar4t d¢op in ￿nding, Ihey will be ab￿ to continue the charity's eurrent activities while cvnsiderab.on is given Io ways in %thich addition81 lund5 rnay be raised. This level of reserves has been maintained throughout the year. Under the Memorandum and Articles olAs%)ualKJn. the charity has the pmr to make any investmenl which the irector3 see fft. The directors havè a5se55ed thè major risks to vthich the charity t5 expwed, and are sa￿'$fied that systems Are in place to mrtigate exposure to the maN)r"risks. structtKre, governance and management The company is lirnited by guarantee. It iherefore does not have share capital and is govemed by tts Memorandum and Artides ofA5sociation_ The tnJslee5, who 8Te also the direthts for the purpose ofcompary law. and who seNed during the year and up to the dale of signalurE of the finan¢ial stst*ments %btre'. Mr J Forber Mrs M Forber Mr Graham Wi115ams MrA Bull&rworth Mr M Leech Mr N Fairlamb Mr D Jones MSA Gilronan Mr J Keyes (Rethred 8 Decemter 20211 {Retirnd 15 DecembeT 2021) IAppoinled 8 Febn)ary 20221 (Appc¥nted 8 February 20221 None of the Iruslees has any beneftcial inlerest in Ihe company. AJI of the frustees art members of the company and guarantee to contribute £1 in the event of a wnding up. The company is ¢onlr¢lled by its board of direclors which is maf1e up of peO￿e who are sympalheti¢ to the activitres ol the charity- Due lo the COVID19 pandemic the trustees met On￿ for board me&tin9s dunng the finanual year. The day to day running oflhe basketball ¢ontre an<1 ¥GrA)mmod8bons h8s been delegated to MT Phil Gordos following his resignation 8$ a Trustee on 1st January 2017. GREATER MANCHESTER COMMUNITY BASKETBALL AND SPORTS ASSOCIATION LIMITED TRUSTEES, REPORT (CONTINUEDI(INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 31 AUGUST 2021 Trustees retiring al the annual gene￿ rneeting can t￿￿ p￿t Ihemsesves fowrd lor re*ledion. TTUSlees are then voted for by those members sn attendan¢e. Suggestions for new Iruslees are broughl before the board. Suggestions are made based Dn how an individual may enrich the charity with their pef50nal skn'll set. If agreed that person is then approsthed and asked il they ale willing to undertake the role of Trustee for Greater Manthesier Communsty Basketball and Sport5 Association Limited. Documented appointment procedures are then foll¢>￿ed. None of the directors received any remuneration fortheir Ser¥￿eS to the company during the year. The Iruslees, report was approved by the Board ofTrustees. Ms A Gllronan Twstee Dated.. 23 September 2022 GREATER MANCHESTER COMMUNITY BASKETBALL AND SPORTS ASSOCIATION LIMITED INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF GREATER MANCHESTER COMMUNITY BASKETBALLAND SPORTS ASSOCIATION LIMITED l ￿pOrt lo the Iruslees on my examination of the financial statements of Greater Manchester Communty 8a$ketball ond Sp¢rts A5soc£ation Limited {the charity) lor Ihe year ended 31 August 2021. Re5ponslbllities and basls of report As the trustees of the charity {and also its diredors for the purposes of company law} you are responsible for the preparation of the financ4al Statements in accordance wrfh the requirement$ of the Comparties Act 2(106 Ilhe 2006 Acti Havlng salisfied myself that the finanaal statemen15 of the charity are not required to be audiled under Part 16 of the 2006 Act and ale eligible for independent examinah"on, I ieport in respect of my examinalion ol the charity's finan￿al statements carried out under seth.on 145 of the Charitse5 Act 2011 Ilhe 2011 Act). In carrying out my examinats.on I have followeol all the 8pplicable Direcb"vn5 9i¥en by the Charity Commission under section 14515}Ibl of the 2011 Ad. Independent examlner's statement Since the charity's gross income ex￿eded £250,000 ywr examiner musl be a mefflber of a body list￿ in section 145 of the 2011 Act. I confimi that l am qualified to undertakè the examinab.on because l am a member of ICAEW, which is one of the listed bo(fies. I have completed my examination. I confimi that no rnatte￿ have come lo my attention in Connecti￿ with the examination giving me cause to believe that in any mateiial fespect.. accounb'ng records We￿ not kept in respeGI ol the tharty as required by section 386 of the 20Q6 Act,. or the financial statements do nol accord with those records.. or the financial slalemenls do not comply with the accounts.ng reqfjjirements of section 396 of the 2006 Acl other than any requirement lttat the accounts gwe a true and lair view which is not a matteT considered as part of an indeperHJent exarninalion., OT the finan¢ial statements have not been prepared in accoidance V￿th the methods and prinuples of the Slalemenl ol Recommended Practice for accounting and reportin9 by charib.es applicable to Charities p￿paring (tteir accounts in accordance ￿tA the Finanoal Reporting Stan(Jard applicable In the UK and Republic of Irelan¢Y IFRS 1021. I have no ¢oncems 8rx1 have come across no olher rnalters in connecb.on wth the examination lo vthich attention shoul¢J be drawn in this report in order to ènable a proper understanding of the financial statements lo be reached. Sarah Roberts Bsc FCA JLWinder8 Co 125 Rarnsden Square Barrow irt Furness Cumbria LA14 1XA Dated.. 23 September 2022 GREATER MANCHESTER COMMUNITY BASKETBALL AND SPORTS ASSOCIATION LIMITED STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 AUGUST 2021 Unrestricted R*$trt¢ted funds funds 2021 2021 Total Unrestricted funds 2020 2021 Note5 Donations Ènd grants Charitable activ>ties Investments 94.032 185.028 48.608 142,640 185,028 88,585 183,539 J1 Totsl Sncome 279.060 48.608 327.668 272.135 Charitable acliwties 277,232 17.750 294,982 290.245 Other 80 Total expenditure 277,232 17.750 294,982 290.325 Npt inGomellexpenditurel for th• ygaTI Net movement In funds 1.828 30.858 32,686 {16,1901 Fund balances at 1 September 2020 213,481 213,481 231,671 Fund balances at 31 Avgust 2021 215.309 30,858 246,1fj7 213,481 The statement of finanoal actsviti&s irKludes atl 9•ns an¢J losses fecoynised in the year. All income and exper4ditiJre derive from ctsnt(nuityJ adivittes ano is UnTe5tnGted. The statement of financial activ¢tres aL%o wnplie5 wilh the requirements for an income aThJ expenditure account under the Companie5 Act 2006. GREATER MANCHESTER COMMUNITY BASKETBALL AND SPORTS ASSOCIATION LIMITED BALANCE SHEET AS Af31 AUGUST2021 2021 2020 Notes Flx8d asset5 Tangible assets Current assets Debtors Cash st bank and in hand 10 4[￿).s68 398,508 11 ).445 49.360 15.395 13,784 50.805 29,179 Creditor5: amounts falling due wlthin one year 13 132.3881 125,455) Nèl C￿r￿n1 assets 18.417 3.724 Total assets less current liabTrlities 418.985 402.232 Cret11tors: amounts falllng du? after more than one year 14 (172.8181 1188,7511 Net assets 246.167 213.481 Income funils Restricted funds Unrestricted funds- general 15 30.856 215,309 213,481 246.167 213,481 Tre company is entitled lo the exemption frryn the authil requifement cantsined in section 477 of Ihe CompaniesAct 2006, for the year ended 31 August 2021. The directors acknovledge their responsibilitse5 for comptyin9 vth the requirement5 01 the Comparye5 Act 2006 wilh re$pe¢t to accounting records anil the preparaiion of financial statements. These finanoal ststemenis have been prepared in accordance with Ihe provi￿On5 apph'cabje to companies subje¢t to the small cornpanies regime. The financial statements were approved by the Twustees on 23 September 2022 Mr J Forber Truste$ Company Reglstratlon No. 04104079 GREATER MANCHESTER COMMUNITY BASKETBALL AND SPORTS ASSOCIATION LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021 Accourtting policles charity informatlon Greater Manchester Community Basketball and Sports Assooabon Limited is a private company limited by guarantee in¢orpoialed in England and Wale5. The registered Offi￿ is Manchester Basketball Centre, Ibraham Road. Manchester, M16 8GW. 1.1 Ac¢ounting conventlon The accounts have been prepared in accordance with the charitys MemoranduTn and Art¢cles ofAssouation, the Companies Arl 2006 and 'A¢counb"ng and Reporting by Chanbes.. sfaternenl of Recornrnended Practice applicable lo charities p￿paring their attounts in accordanfx with the Firbancial Reporting Standard applicable in the UK and Republic of Irel8fKI IFRS 1021. la$ amended foT 8ccounb.ng periods commencing from 1 January 20161_ The tharty is a Publ￿ Benefit Enbty as deffine(I by FRS 102. The charity has taken advantage of the w0￿s1onS in the SORP for chaiibes ap￿ying FRS 102 Upd*e Bullèb"n 1 not to prepare a Statement of Cash FSow& The finan¢ial statements are prepared tn sterting. wh￿h is the fun¢tional currtw of the ¢h8rity. Monetsry amounts in these finarKial statements are rouftded to the nearest £. The financTral statements have been prepared under the hislorr¢al cost Gtsnvenlion, Imodffie(J to indude the revaluation of freehold propeites and to include investment properb.es and ¢ertain fjn3nuat instrumen15 at fair valuel. The prinupal accounting poltaes adopted a￿ set out bebw. 1.2 Going concern At the ts.me ol approvsng the finan¢i* stslements. the trustees have a wsonable expectation that the charity has adequate resourluKB is classified by activity. The costs of ead) aGbvty are made up of Ihe total of dir*t costs and shared costs, including support costs involved in ur7dertakn.ng eaeh activity. Dirèct tOSts attr1bUta￿e lo a single activity are allocate¢J d1redly lo that actNity. Shared costs vthich contribute to more than one activity aTrd support costs which are not attfibutabl& to a sin9le activty a￿ apporboned be￿eeft those activities ¢ft a basis consistent with the use ol resources. Cenlral staff costs are allocated on the basis of time spent, and depreaation rbarges are allocated on the porti￿ ofthe assefs use. GREATER MANCHESTER COMMUNITY BASKETBALL AND SPORTS ASSOCIATION LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2021 Accounting poli¢ie5 Icontlnuedl Resour¢*s expended aye induded in the *alemenl of finanaal activities on an accruals ba$i$. inclugve of any VAT which cannot be recoVe￿d. 1.fj Tanglble fixed assets Tangible fixed assets are initially measured at Cost and subsequentty measured at cost or valuation, net ol depreoabon and any impaiment losse5. Depreciation is recogni5ed so as to write off the cost or waluation of assets less their residual values over their useful lives on the following base5'. Land and buildings Fixtu￿8, frtts'ngs & equipment Motor vehicles 2% straight line 25% Straight line 2¢YA straight line Thè gain or 1055 8risiThJ ￿ the disposal of an asset is determined as the ditference between the saje pfo¢eèds 3rd the ¢8rywng v81ue of the asset. and is recognised in the slalement of fjnanaal aCtiV￿es. 1.7 Impalnnent ot rixed assets At each reporting end (tate. the ch3rTty review5 the carying amounts of its tangible assets to detemine whether there 15 any indicabon that those a55els have suffered an impairnient loss. 11 any such Ind￿ation exists, the recoverable amount ol the asset e5brnaled in older to detennine the extent of the impaiTm¢nt loss {il any). 1.8 Cash and cash equivalents Cash and cash equivalents indude cash in haThJ, deposrts held at ¢all WI￿ banks, other short-lem liquid investments with original maturrttes of three months or less. ar)d bank overdrafts. Bank oveTdrafts are shown within borrowings in current liab&liti8s. 1.9 Financlal Snstrumgnts The charity has elected to apply the prowsNJns of Section 11 '8asic Financ¥a Instnjments, and SectKJn 12 'Other Financial Inslrumentslssues. of FRS 102 to all of its fjnanaal instwments. Financial inslruments are recognised in the charitys balan￿ sheet vthen the charity becomes party to the ntractual provisions of the instrumenl. Finanaal assets and liabilities are offset, w(th the net arnounts presenled in the finanaal statsments, whers there is a legally enforceable right lo set off Ihe recognised amounts and thefe is an intention to sellle on a net basis or to realise the asset and settle the liabilty %multaneousty. Basic financialassets Basic financial assets. which include debt0￿ and cash and bank balancÈ5. a￿ initially measured at transactson price including Iransacti(>n ￿$1$ and are subsequently carried al amortised cost using the effecb.ve interest method unless Ihe arrangement ¢onsts"tute$ a financing transa¢b"on. where the Iran5aclion is measured al the present value of the future receipts discounted al 3 rnarkel Tale of inlerest. Financial assets dassif5ed as receivable wtthin on¥ year are not arnortised. GREATER MANCHESTER COMMUNITY BASKETBALL AND SPORTS ASSOCIATION LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST2021 Accountlng policSe5 Icontinuèdl Basie financlal liabilhles Basir financial I￿ab[liti"es. induding Gredilors and bank loans are initially ￿CogniSed at transaction price unless th8 arrangement conslrtutes a financing transaction. where the debt instrument is measured at the present value of the future payments discounted at a market rate of interesl. Financial liabilities classified as payable withfn one year are not amort15ed. Debt instrumenls are subsequently carried at amortised cost. using the effective interest rale Metr￿1. Trade ueditors are obligatK>ns to pay for goods or services th* hav& been acquired in the Ordin￿ Course of operations from suppliers. Amounts payable are dassffjed as current liabilib.es rf payment is due wthin one year or less. If not. they are presented as non-curfent liabiltties. Trade creditors are rewnisEd initially al transaction price and SUbsequen￿Y measuied at amortised cost using the effeth.ve interest method. DeTecognition of financial liabilities Financial li3bilth.es are derecognised when the Chary￿5 wntrdctual O￿lgationS expire or are discharged or ¢an¢elled. 1.10 Employee beneflts The cost ol any unused holiday entitlement is recconised in the period in which the employees servic85 arè received. Temination benefits are recognised [rnM￿latefy as an expense the charty is demonstrably wmrnitted to terminate the empSoyment of an employee or to PTowde termination benefits. 1.11 R•llr•ment benefits Payments to defined contribution retirement benefft Schemes are charged as an expense as Ihey fall due. Critlcal accovntlng estlmates and Judgements In the applIca￿On ol the charity's accounting poliaes, the trustees are requtred to make iudgemenls, estimates antj assurDptions about the carying amount of asset5 and liabilitie5 that are not readily apparent from other sources. The eslimate5 and assouated 85$umplions a￿ based on historical experience and other factors that are considered to be relevant. Actual results may dtffei from these esb'rnates. The estimates and undertying asSUmptior￿ are wiewed on an On￿ng basis. Reviwons to accounting estimates a￿ ￿GOgnISed in the penod in which the estimale is revised where the revi&on affects ¢mly that period, or in the period of the revision and fLrture wftods where the revlsion affects both current and future periods. GREATER MANCHESTER COMMUNITY BASKETBALL AND SPORTS ASSOCIATION LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST2021 Donations and grants Unrestricted RestTlCted funds funds geftèral 2021 Total Unrestricied funds geneTal 202D 2021 2021 Donations an(J gifts Grants 20 94.012 20 142.620 892 87,693 4B,608 94.032 48.608 142.640 88,585 Donatlons and glfts Local Giving Easy Fundraising P Gordos other 83 99 100 610 20 20 20 20 892 Grants recelvable for core activitie5 SGS Ctsllege Lollery Fund MCRActsve Peter Harrision foundation British CDuncil MMU Covid JRS Covttl Counol Grants 36,256 2.500 15.000 1.000 500 1,000 31,437 2.542 16.000 2,542 16,000 15,000 33,608 15,000 33,608 35.720 39.750 35.720 39.750 94.012 48.608 142,fj20 87,693 10- GREATER MANCHESTER COMMUNITY BASKETBALL AND SPORTS ASSOCIATION LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2021 Income from charitable a¢ttvTrti*s OF*ratlonal Youth NLP Cowrfnunity AGaderny Totsl 7021 Tot81 2020 2021 2021 2D21 2021 CDaching fee5 Health and fftne5S dub fees Use of sports hall Merch8fKIi 5.476 $6,804 62,280 38.598 55.145 55.145 60.158 2,30S 54.762 57.067 56.570 914 914 3,032 PffJperty rental Sponsorship Toumaments 7.445 7.445 500 1.677 9,935 soo 14.746 500 1.677 58,364 7.445 56.439 5.476 57.304 185,028 183,S39 For the year ended 31 August 2020 opera￿0031 Property Youth NLP ¢ommunlty A¢ad8my Total 2020 Coaching fees Health and fitnes5 dub fees Us¢ of sports hall Merchand13e Property rentsl Sponsorship Toumaments 17.670 60.158 2.169 3.032 13.298 7.630 38.598 60.158 56,570 3.032 9.935 500 14.746 54.401 9,935 14.746 97,775 9,935 54.SY11 13.298 7,630 183,539 An8tysis by fund Unrestricted funds- general 97,775 9,935 54.901 13.298 7,630 183.539 11 GREATER MANCHESTER COMMUNITY BASKETBALL AND SPORTS ASSOCIATION LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2021 Investments Ttstsl Unrestrictèd fund5 genernl 2020 2021 Interest TeceNable 11 12- GREATER MANCHESTER COMMUNITY BASK￿BALL ANO SPORTS ASSOCIATION LIM￿ED NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED JI AUGUST2021 Tothl 2021 Totsl 2020 2D21 2021 2021 36.371 12.038 107. 16.692 38.188 21.362 7.868 6.474 2.815 112.438 18.282 10.073 22,493 DeP￿trati￿ l. ba￿$ ènd trop Fle9a￿, r•n94￿$ rJ8ardr•J Rates. ground rent?￿d servy rh¥g• Caurthire InsurancE Heatènd Iyht 16.662 3.472 16.892 1,162 13gn 875 6,234 1.906 4.162 KpensES andadvWt$i Coa¢hln9f¢e5 R¢gi4tration ar￿ entyfees Travel and mororwerrf oFÉquipm8nt Leg* fees andSthTrwrtpay￿Thts Traini￿. DBS check5. Accrpjnknw. ptyroll ￿ pErW￿ fEes Bank andueditth8tge5, Inw endsLryV 14127 1.132 20.641 33.4 2219 12.274 2.978 10,809 43,295 6,1 9.874 Z.782 4.170 2219 12269 2,825 4,b64 4466 5.466 9.4* 18,982 1a8TJ 36.166 .177 37.931 1.162 294.982 290,24S 122.m 36.1B6 J.17t 37.931 1.162 294,982 290,24S Anatysls bY1￿d -13- GREATER MANCHESTER COMMUNITY BASKETBALL AND SPORTS ASSOCIATION LIMITED NOTES TO THE FINANCIAL STATEMENTS ICOIITINVED} FOR THE YEAR ENDED 31 AtIGUST2021 Expendttur• on charltab1•4div￿l￿ {Contlnu•dl Unre$trttedtsids.yn R•sTh¢te¢ fl￿$ 122.123 7Y) .166 SI￿77 431 1.162 ZTT232 290,245 17. 36.186 .17T 37.931 1.162 294.982 290.245 14- GREATER MANCHESTER COMMUN5TY BASKETBALLAND SPORTS ASSOCIATION LIMITED NOTES TO THÉ F]NANCIAL STATEMENTS ICONTINUEDI FOR fHE YEAR ENDED 31 AUGUST2021 p¢nth¢t ¢)n¢h8vit4W¢4(*vit Icontlrsuedl F¢rthe ytai P￿ded JI Atswst202 Leag¥o 2020 siaff costs Depreciation ryaifrnetsl Kll, bal￿ tro￿1¢9 Repwrs. ren**alsand de4nry 1fy) 112.438 18.282 10.073 22.493 7.231 6.234 t.90S 4.162 182B2 4.7SJ 4M75 t7.ns 3.156 CourthitE Irh5wance H8atandlvJh* 1.459 4.162 and ￿ve￿n9 C¢a¢hing fees RegIstrat￿n aTrdentyfees TTav4land moloroxp8rMs Hire of equipmeDt Tra￿ing. 08S thei*s. Actountsnty. payrDlI Èrtd W%￿lee5 Bank ¢h2Tges. interest SLY￿lEs TtyJrthimert &xpel￿e$ 1.751 10.809 43.29 6.100 9.674 2.782 2.825 1.041 31.117 6.1LWJ 9.217 312 T.413 16.962 135.319 16.962 290.24S 35.69B 58.6 45.155 t3.359 1S5A19 35.698 s8￿ 45.155 13,359 290.245 GREATER MANCHESTER COMMUNITY BASKETBALLAND SPORTS ASSOCIATION LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2021 Thjstees None of the trustees lor any persons ￿nneded 7Mth them) r￿e1Ved any Ternuneration or benefrts from the tharrty during Ihe year. Employèts Number of employees The 8verage monthly number ofemployees durtng the yearwas.. 2021 Number 2020 Numbèr General staff Management staff Employment costs 2021 2020 Wages and salaries Social seeurity costs Other pension ¢0sts 95.485 3.955 1,958 92,100 4.551 1.964 101,398 98.615 Thwe were no employeeswh05e onnu•l remufter*ion w¥s £60.000 or moTe. Oth•r Total Unrestrictetl funds general 2020 2021 Penalties BO 80 16- GREATER MANCHESTER COMMUNITY BASKETBALLAND SPORTS ASSOCIATION LIMITED NOTES TO THE FINANCIAL STATEMENTS {CONTINUED} FOR THE YEAR ENDED 31 AUGUST2021 10 Tangible fixed assets Landand buildinBs Fixtur85. hlotorvehlc ftttin95 & e4u%pmgnt Total Cost At I September 2020 AiJdityons 426.003 19,828 758 48.245 17,994 494.076 18,752 AI 31 Augu512021 426,003 20.586 66.239 512.828 Depreciation and Impalment Al 1 September 2020 Depre¢iation charyed in the year 40.401 8.520 19.805 35.382 7.982 95.568 ?8,692 Al 31 August 2021 48,921 19.995 43.344 112,260 Carrylng amount At 31 August 2021 377.082 591 22.895 400,568 At 31 Augu$t 2020 385,602 23 12,883 398.508 The freehold Property owTred by the rknmpany are dornestic properties ocCU￿ed by students visiting the comp8ny's ba5ke*ball faulitie5. The sports hall is leased from ManchesteT Cty CwncAI. The lease is for 30 yeats with a one Dff renta( payment of £1. 11 Debtors 2021 2020 Amounts lalllng due wlthln one year: Debtors Prepayments 761 684 14,910 485 1,445 15.395 17- GREATER MANCHESTER COMMUNITY BASKETBALLAND SPORTS ASSOCIATION LIMITED NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2021 12 Loans and overdrafts 2021 2020 Other loans 185.692 198,945 Payable wthin one year Payable after one year 12,874 172,818 ID.194 188.751 Amounts induded ¥bove whith tsll due after five years: Payabl& by inslalmeY)ts 111,054 129.429 Th& long-tem loans are secured by f￿ed ¢harges over Ihe 2 freehold properties. at Wlbraham Road and Athol Road. Greater Manchester. 13 Creditors: amounts falling due within one year 2021 2020 Borrowings Other taxation and social se￿rity Trade creditors Other Groditors Accruals and (5eferred income 12,874 4.778 10,845 103 3,768 10,194 435 7.956 8.870 32.388 25,455 14 Creditors: amounts falling dug after more than one year 2021 2020 Borro*ings 172.818 188.751 J8- GREATER MANCHESTER COMMUNITY BASKETBALLAND SPORTS ASSOCIATION LIMITED NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 AUGUST2021 15 Restricted fvnds The income fvnd5 of the charity indude restricted fvnds comwsing the following unexpended balanos of donation5 and gran15 held on tNst for specific purposes.. Movement In funds In¢oming Ba￿nce at resow¢es I Septembei 2020 Movemet)t In fund$ IrKomlng reSOu￿t$ Re50fftqS BxpprKlpd Balance ai 31 August 2021 British Counal Portugal Trip Pelpr Harrison Foundation minibus 33,608 15.000 117.000) (750) 16.608 14,250 48.608 (17,750) 30,858 16 Analysts of net assèts between fuftds Unrestrlcted Restricted 2021 2021 Total Unrestrided 2021 2020 Fund balances 8t 31 August 2021 are ￿P￿Sented Tangible asse15 Current assetsl1lia￿lIties) Long term liabilitie$ 386.318 1.809 1172.8181 14.250 16.608 400,568 398.508 18,417 3.724 1172.8181 1188,7511 215.309 30.858 246.167 213.481 17 Operatiny lease commrtments Al the reporting end date the charity had outstanding commtsment5 for fijtU￿ minimum lease payment8 under non-¢ancelLgble operab.ng leases. whsch fall due as follows". 2021 2020 thin one year BefvRen two and five years 2.872 3.124 1,136 3,185 5.9 4.321 19- GREATER MANCHESTER COMMUNITY BASKETBALL AND SPORTS ASSOCIATION LIMITED NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 31 AUGUST2021 18 Post Balance Sh¢et Events The cov1￿19 pandemic has impaeted on the Charrty. The Centre c105ed to the public lollowng Governmenl Guidelines in March 2020 and a gT8dual Ttropeniny occurred a5 restrictions lifted.. We have however utilised 8vailabSe gvvernment schemes such as the Coronaviws Job Reienb"on Scheme and various new funding sources lo help secure the future ol the CenlTe. At the lime of s￿ni￿ these finanoal statements it is not F¥)55ible lo acrJJTately estimate the overall impact ol the pandemi¢ on the performance ol Greater IAanthesler Community Basketball and Sports Association Lirnited for the year ended 31 stAugust 2027 and beyo(￿. 19 Related party transaetlons R*mvneration of key management personnel The remuneratson of key manaytment p¥rsonnel ts as folk)ws. 2021 2020 A9gTeg#te remuneration 51,157 51.174