2021-06-30-accounts - Saints Foundation (Sfc)

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08 February 2022

		Unrestricted	Restricted	Total	Total
	Note	fundst	funds €	2021 e	2020 €
lncomefrom:
Donations and legacies	3	680,807		680,807	805,031
Charitable activities	4	548,524	965,941	1,514,465	1,767,021
lncome from other trading
activities	5	121,007		121,007	169,175
Total incomeandendowments		1,350,339	965,941	2,316,279	2,741,227
Expenditure on:
Raising funds	6	183,138		183,138	149,922
Charitableactivities	7	1,240,411	965,941	2,206,352	2,414,711
Total expenditure		1,423,549	965,941	2,399,490	2,564,633
Net(expenditure)/incomeand netmovementinfunds		(73,2111		(73,2111176,594
Fund balances brought forwardat
1July2020		852,175		852,175	675,581
Fund balancescarriedforunard
at 30June2021		778,964		778,964	852,175

	Note	2021	2021	2020	2020
		e	Ê	c	c
Fixedassets
Tangibleassets	10		14,679		28,424
Current assets
Debtors - amounts falling due
within oneyear	11	118,884		109,275
Cashatbankandin hand		1,573,930		1,608,421
		1,692,714		1,717,696
Creditors: amountsfallingdue withinone year	12	(928,4291		(893,945)
Netcurrent assets			764,285		823,751
Netassets			778,964		852,175
Funds
Unrestrictedfunds	15		778,964		852,175
Restríctedfunds	15
Totalfunds			778,964		852,175

	Total	Total
	2021	2020
	Ê	Ê
Cashflows from operating activities
(Deficit)/surplus forthefinancial year	(73,21U	176,594
Adjustments for:
Depreciation offixedassets	13,745	21,478
Loss on disposal of fixed assets		2,417
lnterestpayable	584	1,238
(lncrease)/decreaseindebtors	(9,609)	387,527
Increase/(decrease)increditors	45,801	(102,836)
Nefcash(usedín)/provÍded hyoperatingactÍvities	(22,690)	486,418
Cashflows from financing activities
Repayment offinancelease	(11,3171	(9,815)
Finance lease interest paid	(584)	(1,238)
Nefcashusedin financingactivìties	(11,901)	(11,053)
Net(decrease)/increase incash andcash equivalents	(34,591)	475,365
Cash and cash equivalents at beginning ofyear	1,609,421	1,133,056
Cash andcash equivalentsat endof year	1,573,830	1,608,421
Cash andcash equivalents comprise: Cash at bank and in hand	I,573,830	1,608,421

	Restrictions arisewhenspecifiedbyth	e donor or whenfunds	areraisedforpar	ticular restricted p	urposes.
3	Donations and legacies
		Unrestricted	Restricted	Total	Total
		fundsr	funds €	2021I	2020 Ê
	Grants	310,143		310,143	214,918
	Furlough income	74,170		74,170
	Donations andvolunteerevents	129,494		129,494	423,113
	Donation in kind	167,000		167,000	167,000
	Tolal2021	680,807		680,807	805,031
	Total 2020	805,031		805,031
4	Charitableactivities
		Unrestricted	Restricted	Total	Total
		fundst	funds Ê	2021 Ê	2020 Ê
	Project income-performance-related
	grants	223,753	965,941	1,189,694	1,097,379
	Coaching and other activities	324,771		324,77',	669,ô42
	Tolal2021	548,524	965,941	1,514,465	1,767,021
	Total2020	669,642	1,097,379	1,767,021

5	lncome from othertrading activities
		Unrestricted	Restricted	Total	Total
		funds Ê	fundst	2021 Ê	2020 Ê
	Lottery	24,992		24,992	32,694
	Auctionsite	47,175		47,175	35,033
	Events	48,840		48,840	101,448
	Total2021	121,007		121,007	169,175
	Total2020	169,175		169,175
6	Expenditure on raisingfunds
		Unrestricted	Restricted	Total	Total
		funds	funds	2021	2020
		Ê	Ê	e	€
	Lottery	60		60	15
	Auctionsite	15,842		15,842	3,009
	Events	20,349		20,349	146,899
	Staffcosts	119,918		119,918
	Supportcosts allocated	26,969		26,969
	Total2021	183,138		183,138	149,922
	Total2020	149,922		149,922
7	Expenditure on charitableactivities

Expenditure on charitableactivities
	Unrestricted	Restricted	Total	Total
	Funds	funds	2021	2020
	Ê	Ê	Ê	€
Centralcoaches andstaff salaries	473,183		473,183	594,026
Centralcoaches andstaffoverheads	41,009		4l,009	351,764
Centralcoachessupport costsallocated	35,960		35,960
Projectsalaries andcosts	571,348		571,348	1,221,192
Projectoverheads		965,941	965,941	55,232
Projectsupport costsallocated	116,867		116,867
Donations to localcharities andprojects	2,044		2,044	16,741
Allocationofgovernance andsupportcosts				175,766
Total2021	1,240,411965,941		2,206,352	2,414,7'11
Total2020	'1,317,332	1,097,379	2,414,711

Governanceandsupportcosts
	Total	Total
	2021	2020
	Ê	Ê
Donated services	167,000	167,000
Auditor'sremuneration	9,646	8,766
Other governance costs	3,150
	179,796	175,766

The average monthly numberofemployees emplo	yedbythe charitablecompanyduring theyea	ris asfollows
	2021	2020
	Number	Number
Direct	56	57
Administration	2	2
Parttimecoaches	11	12
	69	71

Debtors: amountsfallingduewithinoneyear
	2021	2020
	â	Ê
Trade debtors	53,278	23,521
Prepayments and accrued income	65,606	85,754
	118,884	109,275
Creditors: amounts fallingduewithinoneyear
	2020	2020
	Ê	E
Trade creditors	21,192	4,342
Amounts owedtoSouthamptonFootballClub	322,960	307,416
Other taxes and social security	38,027	159,930
Other creditors	7,909	125
Accrualsanddeferredincome	529,455	401,929
Obligations underfinancelease	8,886	20,203
	928,429	893,945

Funds
2021	Brought fonrard	lncomeExpenditure		Carried forward
	atIJuly			at30June
	2020			2021
	Ê	â	e	Ê
Unrestricted funds Generalfunds	852,175	1,350,338(1,423,549)		778,964
Restrictedfunds
Active ThroughFootball		7,500	(7,500)
CommunityChampions		235,538	(235,538)
Primary Stars		145,635	(145,635)
lnspires		68,781	(68,781)
SwitchingPlay		39,836	(39,836)
Saints4Sport KicksCore &Disability		54,716 í85,484	(54,716) (185,484)
Saintsability		9,540	(9,540)
Saints Works Targeted		15,342	(15,342)
SaintsWorks		25,000	(25,000)
SaintsWorksCore		15,358	(15,358)
GenerationGains		24,961	(24,961)
Senior Saints		138,250	(138,250)
		965,941	(965,941)
Totalfunds	852,175	2,316,279 (2,389,490)778,964

15	Funds(continued)
	2020	Brought fonruard	lncomeExpenditure		Carried forward
		at1July			at30June
		2019			2020
		e	€	Ê	Ê
	Unrestricted funds
	Generalfunds	675,581	1,643,948(1,467,254)952,175
	Restrictedfunds
	Enterprise		10,976	(10,976)
	Connect		64,383	(ô4,383)
	SaintsSwitchingplay		79,368	(79,368)
	Kickz		203J22	(203,122)
	PL Primary Stars		164,545	(164,545)
	SaintsAbility		49,618	(49,618)
	Women& Girls		4,167	(4,167)
	Generation Gains		102,005	(102,005)
	CommunityChampions		207,623	(207,623)
	Saints4 Sport		56,918	(56,918)
	Primary Stars		3,147	(3,147)
	ContinuousFund		6,975	(6,975)
	SaintsWorks		54,988	(54,988)
	PathwaystoHealth		83,185	(83,185)
	Senior Saints		6,359	(ô,359)
			1,097,379(1,097,379)
	Totalfunds2020	675,581	2,741,227(2,564,633)		852,175
l6	Analysisofnet assetsbetweenfunds
			Unrestricted	Restricted	Total2021
			€	Ê	Ê
	Fixedassets		14,679		14,679
	Current assets		1,692,714		1,692,714
	Current liabilities		(928,429)		(928,4291
	Totalfunds2021		778,964		779,964

Analysisofnetassetsbetweenfun	ds(continued)
	Unrestricted	Restricted	Total2020
	e	e	e
Fixed assets	28,424		28,424
Currentassets	1,717,696		1,717,696
Currentliabilities	(8e3,e45)		(893,945)
Total funds2020	852,175		852,175