| Page | ||||
|---|---|---|---|---|
| Report ofthe Trustees | 1 | to | 2 | |
| Independent Examiner's |
Report | |||
| Statement ofFinancial | Activities | |||
| Balance Sheet | 5 | to | 6 | |
| Notes to the Financial Statements | 7 | to | 13 |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||||
| fund | funds | funds | funds | ||||
| Notes | |||||||
| INCOME AND ENDOWMENTS | FROM | ||||||
| Donations and legacies |
151 | 151 | |||||
| Charitable activities |
|||||||
| Provision ofsports facilities | 57,406 | 57,406 | 39,084 | ||||
| Other trading activities | 60 | 60 | 99 | ||||
| Investment income |
40 | 40 | 100 | ||||
| Other income | 8,706 | 8,706 | 8,895 | ||||
| Total | 66,363 | 66,363 | 48,178 | ||||
| EXPENDITURE ON | |||||||
| Charitable activities |
|||||||
| Provision ofsports facilities | 49,312 | 5,596 | 54,908 | 46,831 | |||
| NET INCOME/(EXPENDITURE) | 17,051 | (5,596) | 11,455 | 1,347 | |||
| RECONCILIATION | OF FUNDS | ||||||
| Total funds brought | forward | 45,704 | 45,517 | 91,221 | 89,874 | ||
| TOTAL FUNDS CARRIED FORWARD | 62,755 | 39,921 | 102,676 | 91,221 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| fund | funds | funds | funds | ||
| Notes | |||||
| FIXEDASSETS | |||||
| Tangible assets | 10 | 80 | 39,121 | 39,201 | 46,256 |
| CURRENT ASSETS | |||||
| Stocks | 11 | 45 | 45 | 45 | |
| Debtors | 12 | 4,516 | 29 | 4,545 | 4,239 |
| Cash at bank and in hand | 60,806 | 800 | 61,606 | 42,120 | |
| 65,367 | 829 | 66,196 | 46,404 | ||
| CREDITORS | |||||
| Amounts falling due within one year |
13 | (2,692) | (29) | (2,721) | (1,439) |
| NET CURRENT ASSETS | 62,675 | 800 | 63,475 | 44,965 | |
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | 62,755 | 39,921 | 102,676 | 91,221 | |
| NET ASSETS | 62,755 | 39,921 | 102,676 | 91,221 | |
| FUNDS | 14 | ||||
| Unrestricted funds |
62,755 | 45,704 | |||
| Restricted funds |
39,921 | 45,517 | |||
| TOTAL FUNDS | 102,676 | 91,221 |
| Solar panel | equipment | 5%on | cost |
|---|---|---|---|
| Other equipment | at varying rates on cost |
||
| Computer | equipment | Straight | line over 3 years |
| „ 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| Donations | 151 | ||||||
| 3. | OTHER TRADING ACTIVITIES | ||||||
| 2022 | 2021 | ||||||
| Fundraising events |
60 | ||||||
| Merchandise | 33 | ||||||
| Vending machine |
27 | 39 | |||||
| 60 | 99 | ||||||
| 4. | INVESTMENT | INCOME | |||||
| 2022 | 2021 | ||||||
| Deposit account | interest | 40 | 100 | ||||
| 5. | INCOME FROM | CHARITABLE ACTIVITIES | |||||
| 2022 | 2021 | ||||||
| Activity | |||||||
| Recreational fees |
Provision ofsports facilities | 15,561 | 8,009 | ||||
| Gym Membership | fees | Provision ofsports facilities | 8,425 | 2,138 | |||
| Cape Cornwall Secondary |
|||||||
| School | Provision ofsports facilities | 1,050 | |||||
| Grants | Provision ofsports facilities | 33,420 | 27,887 | ||||
| 57,406 | 39,084 | ||||||
| Grants received, | included | in the | above, are as follows: | ||||
| 2022 | 2021 | ||||||
| Cornwall County |
Council | 3,190 | |||||
| CJRS government | claims | 4,837 | 11,387 | ||||
| Local Restrictions | Support | Grant | 23,089 | 16,500 | |||
| Cooperative Local |
Community | Support Grant | 2,304 | ||||
| 33,420 | 27,887 |
| The average monthly |
number ofem | ployees during the year was as |
follows: | ||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| Staff | 3 | 3 | |||
| No employees received emoluments |
in excess off60,000. | ||||
| COMPARATIVES FOR THE STATEMENT OF FINANCIAL | ACTIVITIES | ||||
| Unrestricted | Restricted | Total | |||
| fund | funds | funds | |||
| INCOME AND ENDOWMENTS | FROM | ||||
| Charitable activities |
|||||
| Provision ofsports facilities | 39,084 | 39,084 | |||
| Other trading activities | 99 | 99 | |||
| Investment income |
100 | 100 | |||
| Other income | 8,895 | 8,895 | |||
| Total | 48,178 | 48,178 | |||
| EXPENDITURE ON | |||||
| Charitable activities |
|||||
| Provision ofsports facilities | 41,138 | 5,693 | 46,831 | ||
| NET INCOME/(EXPENDITURE) | 7,040 | (5,693) | 1,347 | ||
| RECONCILIATION | OF FUNDS | ||||
| Total funds brought | forward | 38,664 | 51,210 | 89,874 |
| COMPARATIVES FOR THE STATEMENT OF FINANCIAL | COMPARATIVES FOR THE STATEMENT OF FINANCIAL | COMPARATIVES FOR THE STATEMENT OF FINANCIAL | ACTIVITIES | - continued | ||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | .Total | ||||
| fund | funds | funds | ||||
| TOTAL FUNDS CARRIED FORWARD | 45,704 | 45,517 | 91,221 | |||
| 10. | TANGIBLE | FIXEDASSETS | ||||
| Solar | ||||||
| panel | Other | Computer | ||||
| equipment equipment |
equipment | Totals | ||||
| COST | ||||||
| At 1 February | 2021 and 31 January 2022 | 111,130 | 52,803 | 861 | 164,794 | |
| DEPRECIATION | ||||||
| At 1 February |
2021 | 68,212 | 49,465 | 861 | 118,538 | |
| Charge for year | 4,023 | 3,032 | 7,055 | |||
| At 31 January | 2022 | 72,235 | 52,497 | 861 | 125,593 | |
| NET BOOK | VALUE | |||||
| At 31 January | 2022 | 38,895 | 306 | 39,201 | ||
| At 31 January | 2021 | 42,918 | 3,338 | 46,256 | ||
| 11. | STOCKS | |||||
| 2022 | 2021 | |||||
| Stocks | 45 | 45 | ||||
| 12. | DEBTORS: | AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||
| 2022 | 2021 | |||||
| Trade debtors | 640 | 409 | ||||
| Other debtors | 29 | |||||
| Prepayments | and accrued.income | 3,876 | 3,830 | |||
| 4,545. | 4,239 |
| 13. | CREDITORS | : AMOUNTS FA | LLING DUE WITHIN ONE | YEAR | ||
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| Trade creditors | 1,830 | 399 | ||||
| Social security | and other taxes | 141 | 196 | |||
| Accrued expenses | 750 | 844 | ||||
| 2,721 | 1,439 | |||||
| 14. | MOVEMENT | IN FUNDS | ||||
| Net | ||||||
| movement | At | |||||
| At 1/2/21 | in funds | 31/1/22 | ||||
| Unrestricted funds |
||||||
| General fund |
45,704 | 17,051 | 62,755 | |||
| Restricted funds |
||||||
| Capital fund | 45,517 | (5,596) | 39,921 | |||
| TOTAL FUNDS | 91,221 | 11,455 | 102,676 | |||
| Net movement | in funds, included | in the above are as follows: | ||||
| Incommg | Resources | Movement | ||||
| resources | expended | in funds | ||||
| Unrestricted funds |
||||||
| General fund |
66,363 | (49,312) | 17,051 | |||
| Restricted funds |
||||||
| Capital fund | (5,596) | (5,596) | ||||
| TOTAL FUNDS | 66,363 | (54,908) | 11,455 |
| Net | ||||
|---|---|---|---|---|
| movement | At | |||
| At I/2/20 | in funds | 31/1/21 | ||
| Unrestricted | funds | |||
| General fund |
38,664 | 7,040 | 45,704 | |
| Restricted funds |
||||
| Capital fund | 51,210 | (5,693) | 45,517 | |
| TOTAL FUNDS | 89,874 | 1,347 | 91,221 |
| Incoming | Resources | Movement | ||
|---|---|---|---|---|
| resources | expended | in funds | ||
| Unrestricted | funds | |||
| General fund |
48,178 | (41,138) | 7,040 | |
| Restricted funds |
||||
| Capital fund | (5,693) | (5,693) | ||
| TOTAL FUNDS | 48,178 | (46,831) | 1,347 |
| Net | ||||
|---|---|---|---|---|
| movement | At | |||
| At I/2/20 | in funds | 31/1/22 | ||
| Unrestricted | funds | |||
| General fund | 38,664 | 24,091 | 62,755 | |
| Restricted funds |
||||
| Capital fund | 51,210 | (11,289) | 39,921 | |
| TOTAL FUNDS | 89,874 | 12,802 | 102,676 |
| Incoming | Resources | Movement | ||
|---|---|---|---|---|
| resources | expended | in funds | ||
| Unrestricted | funds | |||
| General fund |
114,541 | (90,450) | 24,091 | |
| Restricted funds |
||||
| Capital fund |
(11,289) | (11,289) | ||
| TOTAL FUNDS | 114,541 | (101,739) | 12,802 |