2021-08-31-accounts - Tigers Sport And Education Trust

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Report ofthe Trustees	1	to	12
Report ofthe Independent Auditors	13	to	16
Statement ofConsolidated Financial Activities		17
Consolidated Balance Sheet		18
Charity Balance Sheet		19
Consolidated Cash Flow Statement		20
Notes to the Cash Flow Statement		21
Notes to the Financial Statements	22	to	37

			~
			~ '	~
	PL Primary Stars
	Holiday Football	Centres
	Saturday football Club
	Inspires
,	SEED
	Streetgames
	DKH
	Kicks
	Targeted Kicks
	Tigers Team Mates (Tackling
	Loneliness S Isolation)
	Tigers Together
	Detached Youth	Work
	Disability Sports
	Healthy Holiday	Activity (HAF)
~	NCS Summer
	NCS Autumn
	School Support

										2021	2020
								Unrestricted	Restricted	Total	Total
								funds	funds	funds	funds
							Notes
INCOME	AND ENDOWMENTS					FROM
Donations	and legacies							10	1,501	1,511	6,530
Charitable	activities
Education									20,874	20,874	29,379
Youth								(8,156)	631,645	623,489	740,092
Adult								861	61,158	62,019	12,583
Juniors									300,086	300,086	245,794
Coach and	development							69,535		69,535	76,796
Other Grants								134,386		134,386	115,055
Investment	income							12		12	78
Other income								25,306	6,100	31,406	9,770
Income from commercial				operations				209,736		2Q9,736	229,400
Total								431,690	1,021,364	1,453,054	1,465,477
EXPENDITURE ON
Raising funds								1,288	160	1,448
Charitable	activities
Education									16,503	16,503	22,242
Youth								1,819	527,573	529,392	551,310
Adult								100	55,906	56,006	23,731
Juniors									245,318	245,318	237,215
Disability											4,901
Coach and	development							72,319		72,319	100,424
Other Grants								219,078		219,078	2Q5,723
Expenditure	from commercial				operations			167,798		167,798	208,996
Total								462,402	845,460	1,307,862	1,354,542
NET INCOME/(EXPENDITURE)								(30,712)	175,904	145,192	110,935
Transfers	between	funds						172,227	~172,227)
Net movement in funds								141,515	3,677	145,192	110,935
RECONCILIATION			OF FUNDS
Total funds brought			forward					95,995	121,971	217,966	107,031
TOTAL FUNDS CARRIED					FORWARD			237,510	125,648	363,158	217966

	Consolidated
	31August 2021
		2021	2020
	Notes
FIXEDASSETS
Tangible assets	13	31,462	49,524
Investments	14
		31,462	49,524
CURRENT ASSETS
Debtors	15	58,851	59,207
Cash at bank and in hand		478,425	465,844
		537,276	525,051
CREDITORS
Amounts falling due within one year		(205,580)	(354,101)
NET CURRENT ASSETS		331,696	170,950
TOTAL ASSETSLESSCURRENT
LIABILITIES		363,158	220,474
CREDITORS
Amounts falling due after more than one year	17		(2,508)
NET ASSETS/(LIABILITIES)		363,158	217966
FUNDS	19
Unrestricted funds		237,510	95,995
Restricted funds		125,648	121,971
TOTAL FUNDS		363,158	217,966

				2021	2020
		Unrestricted	Restricted	Total	Total
		funds	funds	funds	funds
	Notes
FIXEDASSETS
Tangible assets	13	4,244		4,244	15,490
Investments	14	100		100	100
		4,344		4,344	15,590
CURRENT ASSETS
Debtors	15	157,528		157,528	120,034
Cash at bank and in hand		219279	125649	343 92$	407430
		375,807	125,649	501,456	527,464
CREDITORS
Amounts falling due within one year	16	(155,733)		(155,733)	(313,352)
NET CURRENT ASSETS		220,074	125,649	345,723	214 112
TOTAL ASSETSLESSCURRENT
LIABILITIES		224,418	125,649	350,067	229,702
CREDITORS
Amounts falling due after more than one year	17				(2,508)
NET ASSETS		224,418	125,649	350,067	227,194
FUNDS
Unrestricted funds				224,418	105,224
Restricted funds				125,649	121,970
TOTAL FUNDS				350,067	227 194

				2021	2020
			Notes		K
Cash flows from	operating	activities
Cash generated from operations				16,652	5,313
Interest element ofhire purchase payments
paid				(339}
Net cash used in	operating	activities		16,313	5,313
Cash flows from	investing	activities
Purchase oftangible flixed assets					(7,604)
Interest received				12	78
Net cash provided	by/(used	in) investing	activities	12	~7.526)
Cash flows from	financing	activities
Capital repayments in year				3,744	~3559)
Net cash used in	financing	activities		~3.744)	~3,559)
Change in cash and cash equivalents			in the
reporting period				12,581	(5,772)
Cash and cash equivalents		at the beginning
ofthe reporting	period			465,844	47) 6)6
Cash and cash equivalents		at the end	ofthe
reporting period				478.425	465,844

RECONCILIATION	RECONCILIATION	OF NET	OF NET	INCOME TO NET CASH FLOW	FROM OPERATING	FROM OPERATING
ACTIVITIES
						2021	2020
Net income	for the reporting		period (as per the Statement ofFinancial
Activities)						145,192	110,935
Adjustments	for:
Depreciation	charges					18,062	19,369
Interest received						(12)	(78)
Interest element ofhire purchase				and finance lease rental payments		339
(Increase)/decrease in		debtors				356	40,608
Decrease in	creditors					~)47,285)	t165,521)
Net cash used in operations						16,652	5,313
ANALYSIS	OF CHANGES		IN	NKT FUNDS
					At 1.9.20	Cash flow	At 31.8.21
Net «ash
Cash at bank	and in hand				465 844	12,581	478,425
					465,844	12,581	478,425
Debt
Finance leases					~6067)	3,744	~2,323)
					~6,067)	3,744	~2,323)
Total					459,777	16,325	476.102

DONATIONS AND LEGACIES
	2021	2020
Gifts		4
Donations	1,507	6,526
	1„511	~6530

					2021	2020
Deposit	account interest				12	78
INCOME		FROM CHARITABLE ACTIVITIES
			Education	Youth	Adult	Juniors
Charitable		activities		(21,484)	14,861	133,794
Furlough		grant		29,016	650	24,792
Grants			20,&74	615,957	46,508	141,500
			20,874	623,489	62,019	300,086
					2021	2020
			Coach and	Other	Total	Total
			development	Grants	activities	activities
Charitable		activities	62,616	5,810	195,597	171,433
Furlough		grant	5,919	24,052	84,429	111,590
Grants			1,000	104,524	930,363	936676
			69535	134386	1 210389	1,219699
Grants received, included			in the above, are as follows:
					2021	2020
Premier	League Kicks				227,404	200,000
Premier	League Primary		Stars / School Sport		141,500	140,000
Volunteer		Co-Ordinator				19,421
Premier	League Senior Schools Hub					86,900
Carried	forward				368,904	446,321


4,	INCOME FROM CHARITABLE ACTIVITIES - continued
			2021	2020
	Brought forward		368,904	446,321
	XCS		254,601	244,379
	Other Grants		27,629	65,826
	Premier League Inspires		69,279	70,150
	Premier League Kicks Targeted		23,209	45,000
	Premier League Core Funding		65,000	65,000
	Tigers Together		12,816
	Loneliness Together		46,552
	Holiday Action Fund		28,603
	Kickstart Scheme		11,895
	Training Ground		20,875
	Tigers Trust Football Centre		1,000
			930,363	936,676
5.	RAISING FUNDS
	Other trading activities
			2021	2020
	Bad debts		1,448
6.	CHARITABLE ACTIVITIES COSTS
			Support
		Direct	costs (see
		Costs	note 7)	Totals
	Education	15,383	1,120	16,503
	Youth	505,246	24,146	529,392
	Adult	51,542	4,464	56,006
	Juniors	232,921	12,397	245,318
	Coach and development	70,853	1,466	72,319
	Other Grants	159,538	59,540	219 07R
		1 035,483	103,133	1,138,616

SUPPORT COSTS
	Finance	Repairs	Property
			k Rent
Education
Youth	64		117
Adult
Juniors	339
Coach and development	1,080
Other Grants	221	(777)	1,713
	1,704	1777)	1,830
	Other Ofttce	Governance
	Costs	costs	Totals
Education	1,120		1,120
Youth	18,367	5,598	24,146
Adult	4,464		4,464
Juniors	11,197	861	12,397
Coach and development	386		1,466
Other Grants	27,638	30,745	59,540
	63,172	37,204	103,133

		2021	2020
Wages	and salaries	811,621	820,934
Social	security costs	48,786	52,750
Other	pension costs	15,212	12,676
		896619	886,360

The average monthly number ofemployees during th	e year was as follows:
	2021	2020
Line Management	7	7
Delivery Staff	50	65
	57

					1,Jnrestricted	Restricted	Total
					funds	funds	funds
INCOME	AND ENDOWMENTS			FROM
Donations	and legacies				3,091	3,439	6,530
Charitable	activities
Education					29,379		29,379
Youth						740,092	740,092
Adult					4,066	8,517	12,583
Juniors					705	245,089	245,794
Coach and	development				53,018	23,778	76,796
Other Grants					115,055		!15,055
Investment	income				78		78
Other income					27,553	5,119	32,672
Total					232,945	1,026,034	1,258,979
EXPENDITURE ON
Charitable	activities
Education					22,242		22,242
Youth						551,310	551,310
Adult					3,867	19,864	23,731
Juniors					113	237,102	237,215
Disability						4,901	4,901
Coach and	development				84,493	15,931	100,424
Other Grants					205,723		205,723
Total					316,438	829,108	1, 1.45,546
NET INCOME/(EXPENDITURE)					(83,493)	196,926	113,433
Transfers	between	funds			100,119	~l00.119)
Net movement in funds					16,626	96,807	113,433
RECONCILIATION			OF FUNDS
Total funds brought			forward		88,597	25,164	113,761
TOTAL FUNDS CARRIED FORWARD					105,223	121,971	227,194

TANGIBLE FIXED A.SSETS
GROUP	Long leasehold	Plant and
	improvement	machinery	Totals
COST
At 1 September 2020 and 31August 2021	38,676	171,542	210,218
DEPRECIATION
At 1 September 2020	10,360	150,334	160,694
Charge for year	2,594	15,468	18,062
At 31August 2021	12,954	165,802	153,019
NET BOOKVALUE
At 31August 2Q21	25,722	5,740	31,462
At 31 August 2020	28,316	21,208	49,524
	Plant and	Motor
CHARITY	machinery	vehicles	Totals
COST
At 1 September 2020 and 31August 2021	141,663	15600	157,263
DEPRECIATION
At 1 September 2020	132,023	9,750	141,773
Charge for year	7 346	3 900	11,246
At 31August 2021	139,369	13 650	153019
NET BOOKVALUE
At 31 August 2021	2,294	1,950	4,244
At 31August 2020	9,640	5 850	15,49Q

FI	XEDASSET INVESTMENTS
		Shares in
		group
		undertakings
MARKET VALUE
At	1 September 2020 and 31 August 2021	100
NET BOOK VALUE
At	31August 2021	100
At	31 August 2020	100

Nature of	bu	siness: Hiring offacihties.
			'/o
Class ofshare:			Holding
Ordinary			100
				2021	2020
Aggregate	capital and reserves			13,191	(9,128)
Proftt/(Loss)		for the year		22,319	~2,498)

				Charity
		2021	2020	2021	2020
Trade debtors		23,478	28,318	22,348	28,748
Other debtors
VAT			1,0 I3
Amounts owed by group undertakings				101,115	66,157
Prepayments	and accrued income	35,373	29,876	34,065	25,129
		58,851	59,207	157,528	320,034

CREDITORS	: AMOUNTS FALLING DU	E UVITHIN ONE	YEA	R
			Group		Charity
		2021		2020	2021	2020
Hire purchase	contracts (see note 1S)	2,323		3559	2,323	3,559
Trade creditors		47,476		21,811	29,938	22,163
VAT		33S
Other creditors		7,469		9,870	7,469	9,870
Accruals and deferred income		147,974		318,861	116,003	277,760
		205 500		354 101	155,733	313,352

		2021	2020
Net obligations	repayable:
Within one year		2,323	3,559
Between one and five years			2,508
		2,323	6,067

MOVEM	ENT IN FUNDS
			Net	Transfers
			movement	between	At
		At 1.9.20	in funds	funds	31.8.21
					f.
Unrestricted funds
General Kickstart	fund Scheme	95,996	(35,189) 4,475	173,416 ~I,)89)	234,223 3 286
		95,996	(30,714)	172,227	237,509
Restricted funds
Premier	League Kicks	23,943	79,909	{48,371)	55,481
Primary	Stars		60,708	(28,140)	32,568
Premier	League Senior Schools HUB	75,516	(54,731)	(5,979)	14,806
NCS			68,761	(6&,761)
Premier	League Inspires	721	6,419	(7,140)
Premier	League Kicks Targeted	21,790	(18,006)	(3,784)
Social Inclusion Training Ground			28,472 4,374	(7,964) ~2,088)	20,508 2,286
		121970	175,906	~172,227)	125 649
TOTAL	FUNDS	217966	145,192		363,158

	Incoming	Resources	Movement
	resources	expended	in funds
Unrestricted funds
General fund	419,795	(454,984)	{35,189)
Kickstart Scheme	11,895	(7,420)	4,475
	431,690	(462,404)	(30,714)
Restricted funds
Premier League Kicks	255,375	(175,466)	79,909
Primary Stars	306,186	(245,478)	60,708
Premier League Senior Schools HUB	953	(55,684)	(54,731)
NCS	254,651	{I &5,890)	68,761
Premier League Inspires	69,994	(63,575)	6,419
Premier League Kicks Targeted	23,209	(41,215)	(18,006)
Social Inclusion Training Ground	90,121 20,875	(61,649) ~I6,501)	28,472 4,374
	1,021.364	~845.458)	175,906
TOTAL FUNDS	1,453,054	)1,307,862)	145,192

Compara	tives for moveme	nt in funds
				Net	Transfers
				movement	between	At
			At 1.9.19	in funds	funds	31.8.20
Unrestricted funds
General	fund		81,867	(85,990)	100,119	95,996
Restricted funds
Premier	League Kicks			46,804	(22,861)	23,943
Primary	Stars			9,988	(9,988)
Volunteer Co-Ordinator				7,846	(1,942)	5,904
Premier	League Senior Schools HUB		25,164	54,992	(10,544)	69,612
NCS				41,154	(41,154)
Premier	League Inspires			7,736	(7„015)	721
Prince's Premier	Trust League Kicks Targeted			2,115 26,290	(2,115) ~4,500)	21 790
			25,164	196,925	~)00,1)9)	121,970
TOTAL	FUNDS		107031	110,935		217,966
Comparative net movement		in funds, included	in the above are as follows:
				Incoming	Resources	Movement
				resources	expended	in funds
Unrestricted funds
General	fund			439,443	{525,433)	{85,990)
Restricted funds
Premier	League Kicks			252,904	(206,100)	46,804
Primary	Stars			247,090	(237,102)	9,98S
Volunteer Co-Ordinator				23,777	(15,931)	7,846
Premier	League Senior Schools HUB			125,113	(70,121)	54,992
NCS				255,157	(214,003)	41,154
Premier	League Inspires			70,151	(62,415)	7,736
Prince's Premier	Trust League Kicks Targeted			6,843 44,999	{4,728) ~15,709)	2,115 26,290
				1,026,034	~$29,109)	196,925
TOTAL	FUNDS			1,465 477	~1354.542)	110,935

			Net	Transfers
			movement	between	At
		At 1.9,19	in funds	funds	31.8.21
Unrestricted funds
General	lund	81,867	(121,179)	273,535	234,223
Kickstart	Scheme		4,475	(1,189)	3,286
		81,867	(116,704)	272,346	237,509
Restricted funds
Premier	League Kicks		126,713	(71,232)	55,481
Primary	Stars		70,696	(3S,128)	32,568
Volunteer Co-Ordinator			7,846	(1,942)	5,904
Premier	League Senior Schools HUB	25,164	261	(16,523)	8,902
NCS			109,915	(109,915)
Premier	League Inspires		14,155	(14,155)
Prince's	Trust		2,115	(2,115)
Premier	League Kicks Targeted		8,284	(8,284)
Social Inclusion			28,472	(7,964)	20,508
Training	Ground		4,374	(2,088)	2,286
		25,164	372,831	~272,346)	125,649
TOTAL	FUNDS	107031	256,127		363„158

			Incoming	Resources	Movement
			resources	expended	in funds
Unrestricted funds
General	fund		443,004	(603,623)	(160,619)
Kickstart	Scheme		11,895	(7,420)	4,475
			454,899	(611,043)	(156,144)
Restricted funds
Premier	League Kicks		508,279	(381,566)	126,713
Primary	Stars		553,276	(482,580)	70,696
Volunteer Co-Ordinator			23 777	(15,931)	7,846
Premier	League Senior Schools HUB		126,066	(125,805)	261
NCS			509,808	(399,893)	109,915
Premier	League Inspires		140,145	(125,990)	14,155
Prince's	Trust		6,843	(4,728)	2,115
Premier	League Kicks Targeted		68,208	(59,924)	8,284
Social Inclusion			90,121	(61,649)	28,472
Training	Ground		20,875	(16,501)	4,374
			2,047,398	i),674 567)	372,831
TOTAL	FUNDS		2 502 297	~2,2tt5,610)	216,687
Transfers between		funds

			Total	Total
			2021	2020
Turnover Cost ofsales			54,25 I 89,679 ~932)~4,199)
Gross profit			53,319	85,480
Administrative	expenses		(186,485)	(227,699)
Other operating	income		155,485	139,721
Net profit			22 319	~2493)
The aggregate	ofthe assets, liabilities	and funds was:
Assets			170,464	103,195
Liabilities			i)57,273)	(1)25323)
Aggregate called up share capital and		reserves	13,191	~9,12S)