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|Reference and Administrative
Details||
|---|---|
|Strategic Report||
|Trustees' Report|3to 5|
|Statement ofTrustees' Responsibilities||
|Independent
Auditors'
Report|7to9|
|Consolidated
Statement ofFinancial Activities|toto 11|
|Consolidated
Balance Sheet|12|
|Balance Shcct|13|
|Consolidated
Statement ofCash Flows|14|
|Notes to the Financial Statements|15to 32|
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|Secretary|||||Mrs LRends||||
|---|---|---|---|---|---|---|---|---|
|Principal Office|||||Osborne
House||||
||||||47 Snaithing
Lane||||
||||||Sheffield||||
||||||S103LF||||
|The
charity|is|incorporated||in|England
and||||
|Wales.|||||||||
|Company Registration|||Number||05099069||||
|Charity Registration|||Number||1105460||||
|Scottish Charity||Number|||SC043119||||
|Solicitors|||||Knights pic||||
||||||Commercial|House|||
||||||14Commercial||Street||
||||||Sheffield||||
||||||S12AT||||
|Bankers|||||Lloyds Bank|pic|||
||||||Church Street||||
||||||Sheffield||||
||||||Sl 1HP||||
|Auditor|||||Lsndin Wilcock||&Co||
||||||Chartered
Accountants|||&Registered Auditors|
||||||68 Queen Street||||
||||||Sheffield||||
||||||Sl 1WR||||
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|(Including
C|onsolid|ated
Income and E
Recognised|xpenditure
Accou
Gains and Losses)|nt and Statement|ofTo|tal|
|---|---|---|---|---|---|---|
|||||Unrestricted|Total||
|||||funds|2020||
||||Note||||
|Income and Endowments||from:|||||
|Donations
and legacies||||8,678||8,678|
|Grants received||||191,948||191,948|
|Charitable
activities||||812,234||812,234|
|Investment
income||||1,255||1,255|
|Income from other|trading activities|||105,637||105,637|
|Total Income||||1 119752|1|119,752|
|Expenditure
on:|||||||
|Raising funds||||(99,904)|(99,904)||
|Charitable
activities||||1,388,420|1,388,420)||
|Total Expenditure||||1,488 324|1,488,324||
|Net income||||368,572|368,572||
|Net movement
in funds|||||||
|Reconciliation
offunds|||||||
|Total funds brought|forward|||684943||684 943|
|Total funds carried|forward||19|316,371||316,371|
|||||Unrestricted|Total||
|||||funds|2019||
||||Note|8|8||
|Income and Endowments||from:|||||
|Donations
and legacies||||1,912||1,912|
|Charitable
activities||||2,420,184|2,420, 184||
|Investment
income||||4,194||4,194|
|Income from other|trading activities|||359,033||359,033|
|Total Income||||2,785,323|2|785,323|
|Expeaditure
on:|||||||
|Raising funds||||(244,066)|(244,066)||
|Charitable
activities||||2 551577|2 551 577||
|Total Expenditure||||2 795 643|2 795,643||
|Net income||||10,320||10,320)|
|Net movement
in funds||||(10,320)||(10,320)|
|Reconciliation offunds|||||||
|Total funds brought|forward|||695263||695,263|
|Total funds carried|forward||19|684,943||684,943|
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|||Consolidated
Balance Sheet|as at 31Decem|ber 2020||
|---|---|---|---|---|---|
|||||2020|2019|
||||Note|f.|g|
|Fixed assets||||||
|Tangible
assets|||12|53,384|76,878|
|Investments|||13|367|367|
|||||53,751|77245|
|Current assets||||||
|Investments|||14||350,000|
|Stocks|||15|38,999|14,330|
|Debtors|||16|112,182|199,182|
|Cash at bank|and in hand|||462,232|246938|
|||||613,413|810,450|
|Creditors: Amounts||falling due within one year|17|350,793|202 752|
|Net current|assets|||262,620|607698|
|Net assets||||316,371|684,943|
|Funds ofthe|group:|||||
|Unrestricted|income|funds||||
|Unrestricted|funds|||316,371|684,943|
|Total funds|||20|316371|684,943|
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|||Balance Sheet as at3|1December 202|0||
|---|---|---|---|---|---|
|||||2020|2019|
||||Note|||
|Fixed assets||||||
|Tangible
assets|||12|53,384|76,878|
|Investments|||13|369|369|
|||||53,753|77247|
|Current
assets||||||
|Investments|||14||350,000|
|Stocks|||15|38,999|14,330|
|Debtors|||16|106,649|116,676|
|Cash at bank|and in hand|||457252|217,492|
|||||602,900|698,498|
|Creditors: Amounts||falling due within one year|17|346015|205 769|
|Net current|assets|||256,885|492,729|
|Net assets||||310638|569976|
|Funds ofthe|charity:|||||
|Unrestricted|income|funds||||
|Unrestricted|funds|||310,638|569976|
|Total funds|||20|310638|569,976|
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|Consolidated
Statement ofCash Flows fo|r the Year End|ed 31Decembe|r 2020|
|---|---|---|---|
|||2020|2019|
||Note||8|
|Cash flows from operating
activities||||
|Net cash income||(368,572)|(10,320)|
|Adjustmeats
to cash flows from non-cash items||||
|Depreciation||39,780|57,594|
|Investment
income||(1,255)|(4,194)|
|Loss on disposal oftangible fixed assets||1 749||
|||(328,298)|43,080|
|Working capital adjustments||||
|Decrease/(increase)
in stocks|15|(24,669)|5,656|
|Decrease in debtors|16|87,000|46,212|
|Increase in creditors|17|148041|30,678|
|Net cash flows from operating
activities||117,926|125,626|
|Cash flows from investing
activities||||
|Interest receivable
and similar income||1,255|4,194|
|Invested
in current asset investments|14|350,000|80,000|
|Purchase oftangible fixed assets|12|(18,034)|(53,288)|
|Sale oftangible fixed assets||||
|Net cash flows from investing
activities||333,221|30,906|
|Net increase in cash and cash equivalents||215,295|156,532|
|Cash and cash equivalents
at 1 January||246,937|90,405|
|Cash and cash equivalents
at 31December||462,232|246,937|
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|2|Income|from donations||and grants||||
|---|---|---|---|---|---|---|---|
||||||Unrestricted|||
||||||funds|||
|||||||Total|Total|
||||||General|2020|2019|
||||||s||g|
|Donations||and legacies;||||||
|Donations||from individuals|||8,678|8,678|1,912|
|Coronavirus||Job Retention|Scheme Grant||191,948|191,948||
||||||200,626|200,626|1,912|
|3|Income|from charitable||activities||||
||||||Unrestricted|||
||||||funds|||
|||||||Total|Total|
||||||General|2020|2019|
||||||g|g|g|
|Sports camps IJK|||||812,234|812,234|2,420,184|
||||||812234|812.234|2,420,184|
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|||||Unrestricted||||||
|---|---|---|---|---|---|---|---|---|---|
|||||funds||||||
|||||||Total||Total||
|||||General||2020||2019||
|||||||||s||
|Income|I'rom|trading|subsidiary|105|637|105|637|359|033|
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|||||||||Unrestricted|Unrestricted|||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||funds||||||
||||||||||||Total|Total||
|||||||Basis of||General|||2020|2019||
|||||||allocation||||||||
|Premises|costs|||||Usage|||111,611||111,611||122,236|
|Wages and salaries||||||Usage|||632,136||632,136||766,834|
|Staffwelfare||and training||||Usage|||7,708||7,708||13,989|
|Printing,|postage and stationery|||||Usage|||2,072||2,072||7,297|
|Motor and travel||||||Usage|||27,770||27,770||37,736|
|Legal and professional||||||Usage|||32,605||32,605||33,894|
|Bank charges||||||Usage|||11,189||11,189||18,500|
|Bad debts||||||Usage|||||||4,200|
|Depreciation||and loss on disposal||||Usage|||41,529||41,529||57 592|
||||||||||866620||866,620|1,062,278||
|Support|costs allocated to charitable||||activities|||||||||
|||||||||||Premises costs||||
||||||||||||including|Other|support|
|||||Basis of
allocation|||Legal
g|costs|Staff costs
f||depreciation
g|costs
g||
|Sports camps||UK||Usage||||32,605|632,136||153,140||48,649|
|Overseas|charitable||activities|Usage|||||||||90|
|||||||||32,605|632|136|153 140||48 739|
||||||||||||Total|Total||
||||||||||||2020|2019||
||||||||||||8|g||
|Sports camps||UK|||||||||866,530|1,062,222||
|Overseas|charitable||activities||||||||90||56|
||||||||||||866,620|1,062,278||
|Governan|ce|costs||||||||||||
||||||||Unrestricted|||||||
|||||||||funds||||||
|||||||||||Total||Total||
|||||||||General||2020||2019||
|||||||||g||||||
|Audit fees|||||||||6,000||6.000|6,000||
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|||2020||2019|
|---|---|---|---|---|
|||||g|
|Audit fees|||6,000|6,000|
|Other non-audit|services||4,834|5,974|
|Profit on disposal oftangible fixed assets|||||
|Depreciation of|fixed assets||41,529|57,592|
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|9
Staffcosts
The aggregate
payroll costs were as fonows:|||
|---|---|---|
||2020|2019|
|Staffcosts during the year were:|||
|Wages and salaries|823,158|1,397,340|
|Social security costs|60,297|79,989|
|Pension costs|38,051|46 185|
||921,506|1,523,514|
|year e|xpressed as full time equivalents
was as f|ollows:||||
|---|---|---|---|---|---|
|||2020||2019||
|||No||No||
|Head|office||24||32|
|Camp|||17||46|
||||41||78|
||||2020||2019|
|---|---|---|---|---|---|
||||No||No|
|f70,001 - f80,000||||||
|680,001 - f90,000||||||
|10 Auditors'|remuneration|||||
||||2020||2019|
||||g|||
|Audit ofthe|financial|statements||6000|6,000|
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|Group|||||
|---|---|---|---|---|
||Furniture|and|Sports||
||equipment||equipment|Total|
||g||g||
|Cost|||||
|At 1 January 2020|232,254||119,836|352,090|
|Additions||10,123|7,912|18,035|
|Disposals||3,180)||3,180|
|At 31December 2020|239,197||127748|366945|
|Depreciation|||||
|At 1 January 2020|188,030||87,182|275,212|
|Charge for the year||15,503|24,277|39,780|
|Eliminated
on disposals||1 431||1431|
|At 31December 2020|202,102||111,459|313,561|
|Net book value|||||
|At 31December 2020||37,095|16,289|53 384|
|At 31December 2019||44,224|32,654|76,878|
|Charity|||||
||Furniture|and|Sports||
||equipment||equipment|Total|
|||||g|
|Cost|||||
|At 1 January 2020|232,254||119,836|352,090|
|Additions||10,123|7,912|18,035|
|Disposals||3,180||3,180|
|At 31December 2020|239,197||127,748|366,945|
|Depreciation|||||
|At 1 January 2020|188,030||87,182|275,212|
|Charge for the year||15,503|24,277|39,780|
|Eliminated
on disposals||1 431||1431|
|At 31December 2020|202,102||111,459|313,561|
|Net book value|||||
|At 31December 2020||37,095|16,289|53,384|
|At 31December 2019||44,224|32,654|76,878|
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|Group||||
|---|---|---|---|
||2020|2019||
||g|||
|Other investments|367||367|
|Other investments||||
||Listed|||
||investments|Total||
||g|g||
|Cost or Valuation||||
|At 1 January 2020|367||367|
|At 31December 2020|367||367|
|Net book value||||
|At 31December 2020|367||367|
|At 31December 2019|367||367|
##
|||||2020||2019||
|---|---|---|---|---|---|---|---|
|||||||g||
|Shares|in group undertakings|and participating|interests||2||2|
|Other|invcstmcnts||||367||367|
||||||369||369|
##
|Subsidiary||
|---|---|
|undertakings|Total|
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##
|Other investments|||||
|---|---|---|---|---|
||Listed||||
||investments||Total||
||||8||
|Cost or Valuation|||||
|At 1 January 2020||367||367|
|At 31December 2020||367||367|
|Net book value|||||
|At 31December 2020||367||367|
|At 31December 2019||367||367|
##
|Details ofthe investme
capital are as follows:|nts
in w|hich the cha|rity holds|20/o or|more of the nominal
value|of any|c|lass o|f share|
|---|---|---|---|---|---|---|---|---|---|
||||||Proportion ofvoting|||||
||Country of||||rights and shares|||||
|Undertaking|incorporation||Holding||held|Principal||activity||
|The King' s||||||||||
|Foundation||||||The|provision||of|
|Professional Sen ices
Limited (03145498)|England|and 1Vales|Ordinary|shares|100'/o|services
childcare||to
and|the
leisure|
|||||||sectors||||
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|16 Debtors|||||||
|---|---|---|---|---|---|---|
||||Group||Charity||
|||2020||2019|2020|2019|
|||||||s|
|Trade debtors||5,657||81,625|125|12,022|
|Other debtors||106|525|117557|106,525|104,654|
|||112|182|199182|106,649|116,676|
|17 Creditors: amounts|falling due within one year||||||
||||Group||Charity||
|||2020||2019|2020|2019|
|||g||||s|
|Trade creditors||64,454||84,086|63,959|83,798|
|Due from group undertakings|||||3,583|9,363|
|Other taxation and social|security|16,110||24,742|12,444|18,684|
|Accruals||270,229||93,924|266,029|93924|
|||350,793||202 752|346015|205,769|
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|Other tlnancial
commitments
premises
rent &car lease|||||
|---|---|---|---|---|
||Group||Charity||
||2020|2019|2020|2019|
|||s|s||
|Not later than one year|57,001|59,913|57,001|59,913|
|Later than one year and not later than|||||
|five years|193,314|199,777|193,314|199,777|
|Over five years|130,625|178,125|130,625|178,125|
||380,940|437,815|380940|437815|
##
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##
|Group|||||||||
|---|---|---|---|---|---|---|---|---|
||||Balance|at 1|Incoming|Resources|Balance|at 31|
||||January|2020|resources|expended
0|December 2020
f||
|Unrestricted|funds||||||||
|Unrestricted|general|funds||684943|1 119752|1 488,324||316371|
||||Balance|at 1|Incoming|Resources|Balance|at31|
||||January|2019|resources|expended|December 2019||
||||0||g|g|0||
|Unrestricted|funds||||||||
|Unrestricted|general|funds||695263|2 785 323|2 795 643||684943|
|Charity|||||||||
||||Balance|at 1|Incoming|Resources|Balance|at 31|
||||January
0|2020|resources
0|expended
f|December 2020||
|Unrestricted|funds||||||||
|Unrestricted|general|funds||569 976|1 129082|1 386420||310,638|
||||Balance|at 1|Incoming|Resources|Balance|at 31|
||||January
f|2019|resources|expended
f|December 2019
0||
|Unrestricted|funds||||||||
|Unrestricted|general|funds||461,852|2,426 290|(2.3181661||569.976|
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|Tangible fixed assets|
|---|
|Fixed asset investments|
|Current
assets|
|Current liabilities|
|Total net assets|
##
|Tangible fixed assets|
|---|
|Fixed asset investments|
|Current
assets|
|Current
liabilities|
|Total net assets|
|Unrestricted||
|---|---|
|funds||
|General|Total funds|
|g|8|
|53,384|53,384|
|367|367|
|613,413|613,413|
|350,793|350,793|
|316371|316,371|
|Unrestricted||
|funds||
|General|Total funds|
|53,384|53,384|
|369|369|
|602,900|602,900|
|346 015|3460]5|
|310,638|310,638|
##
|Group||||
|---|---|---|---|
||At 1January||At 31December|
||2020|Cash flow|2020|
|Cash at bank and in hand|246,937|215,295|462,232|
|Net debt|246,937|215,295|462,232|
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