| Page | ||||
|---|---|---|---|---|
| Reference and Administrative | Information | 1-2 | ||
| Trustees' Report |
3-8 | |||
| Independent | Auditors' | Report | on the Financial Statements | 9-13 |
| Consolidated | Statement of Financial Activities | 14 | ||
| Consolidated | Balance | Sheet | 15 - 16 | |
| Charity Balance Sheet | 17 - 18 | |||
| Consolidated | Statement ofCash Flows | 19 | ||
| Notes to the | Financial | Statements | 20-41 |
| Unrestricted | Restricted | Total | Total | |||
|---|---|---|---|---|---|---|
| funds | funds | funds | funds | |||
| Note | 2022f | 2022 | 2022f | 2021f | ||
| Income from: | ||||||
| Donations and legacies |
5 | 10,000 | 19,194 | 29,194 | 68,730 | |
| Charitable activities |
6 | 318,312 | 318,312 | 276,297 | ||
| Other trading activities |
7 | 448,255 | 448,255 | 98,449 | ||
| Investments | 6 | 6 | 55 | |||
| Other income | 8 | 49,133 | 49,133 | 103,837 | ||
| Total Income | 825,706 | 19,194 | 844,900 | 547,368 | ||
| Expenditure on: |
||||||
| Charitable actMties |
10 | 461,936 | 19,194 | 481,130 | 351,240 | |
| Other trading activities |
552,798 | 552,798 | 298,342 | |||
| Total expenditure | 1,014,734 | 19,194 | 1,033,928 | 649,582 | ||
| Net expenditure and movement funds |
In | (189,028) | (189,028) | (102,214) | ||
| Reconciliation offunds: |
||||||
| Total funds brought forward |
5,107,231 | 5,107,231 | 5,209,445 | |||
| Net movement In funds |
(189,028) | (189,028) | (102,214) | |||
| Total funds carried forward | 4,918,203 | 4,918,203 | 5,107,231 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| Note | 8 | |||||
| Fixed assets | ||||||
| Tangible assets | 14 | 4,774,341 | 4,942, 230 | |||
| 4,774,341 | 4,942,230 | |||||
| Current assets | ||||||
| Stocks | 16 | 8,895 | 6,223 | |||
| Debtors | 17 | 113,978 | 156,566 | |||
| Cash at bank and in | hand | 220,141 | 110,637 | |||
| 343,014 | 275,646 | |||||
| Creditors: amounts | falling due within one | |||||
| year | 18 | (199,152) | (110,645) | |||
| Net current assets | 143,862 | 165,001 | ||||
| Total assets Mss current liabilities | 4,918,203 | 5,107,231 | ||||
| 4,918,203 | 5,107,231 | |||||
| Total net assets | 4,918,203 | 5,107,231 |
| Note | 2022 | 2021f | |
|---|---|---|---|
| Charity funds | |||
| Restricted funds |
19 | ||
| Unrestricted funds |
19 | 4,918,203 | 5,107,231 |
| Total funds | 4,918,203 | 5,107,231 |
| CHARITY BALANCE SHEET | CHARITY BALANCE SHEET | |||||||
|---|---|---|---|---|---|---|---|---|
| AS AT 31 | MARCH 2022 | |||||||
| Note | 2022 6 |
2021f | ||||||
| Fixed assets | ||||||||
| Tangible assets | 14 | 4,774,341 | 4,942230 | |||||
| Investments | 15 | 2 | 2 | |||||
| 4,774,343 | 4,942,232 | |||||||
| Current assets | ||||||||
| Debtors | 17 | 731,356 | 714,134 | |||||
| Cash at bank and | in | hand | 163,699 | 92,562 | ||||
| 895,055 | 806,696 | |||||||
| Creditors: amounts | falling | due within one | ||||||
| year | 18 | (137,348) | (75,409) | |||||
| Net current assets | 757,707 | 731,287 | ||||||
| Total assets less | current | liabilities | 5,532,050 | 5,673,519 | ||||
| 5,532,050 | 5,673,519 | |||||||
| Total net assets | 5,532,050 | 5,673,519 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| Note | E | |||
| Charityfunds | ||||
| Restricted | funds | 19 | ||
| Unrestricted | funds | 19 | 5,532,050 | 5,673,519 |
| Total funds | 5,532,050 | 5,673,519 |
| 2022 6 |
2021 f |
|||||
|---|---|---|---|---|---|---|
| Cash flows from operating | activities | |||||
| Net cash used In operating |
activities | 121,204 | (100,756) | |||
| Cash flows from investing | activlttes | |||||
| Purchase oftangible fixed assets |
(11,906) | (5,331) | ||||
| Investment Income |
6 | 55 | ||||
| Net cash used In Investing | activities | (11,900) | (5,276) | |||
| Change In cash and cash |
equivalents | In | the year | 109,304 | (106,032) | |
| Cash and cash equivalents | at the beginning | ofthe year | 110,837 | 216,889 | ||
| Cash and cash equivalents | at the end of | the year | 220,141 | 110,837 | ||
| The notes on pages 20to 41 form part ofthese financial | statements |
| Unrestricted | Total | |
|---|---|---|
| funds | funds | |
| 2022 | 2022 | |
| Depreciation | 179,795 | 179,795 |
| External audit and accounts | 14,800 | 14,800 |
| Unrestricted | Total | |
|---|---|---|
| funds | funds | |
| 2021f | 2021 | |
| Depreciation | 183,372 | 183,372 |
| External audit and accounts | 14,280 | 14,280 |
| Unrestricted | Restricted | |||||
|---|---|---|---|---|---|---|
| funds | funds | |||||
| 2022 6 |
2022f | 2022f | ||||
| Gross incoming | resources | 331,316 | 19,194 | 350,510 | ||
| Total expenditure | on charitable | activities | (457,985) | (19,194) | (477,179) | |
| Governance | costs | (14,800) | (14,800) | |||
| (141,469) | (141,469) |
| Unrestricted | Restrtcted | Total | ||||
|---|---|---|---|---|---|---|
| funds | funds | funds | ||||
| 2021f | 2021f | 2021f | ||||
| Gross incoming resources |
343,962 | 1,120 | 345,082 | |||
| Total expenditure on charitable |
activities | (341,241) | (1,120) | (342,361) | ||
| Governance | costs | (8,880) | (8,880) | |||
| (6,159) | (6,159) | |||||
| Total funds brought | forward | 5,673,519 | 5,673,519 | |||
| Total funds carried | forward | 5,532,050 | 5,532,050 | |||
| Represented | by: | |||||
| Unrestricted | Income funds | 5,532,050 | 5,532,050 |
| Unrestricted | ||||
|---|---|---|---|---|
| funds | ||||
| 2022f | 2022f | |||
| Turnover | 448,255 | 448,255 | ||
| Cost ofsales & | administration | costs | (541,949) | (541,949) |
| Other operating | income | 46,135 | 46,135 | |
| (47,559) | (47,559) |
| Unrestricted | Total | |||||
|---|---|---|---|---|---|---|
| funds | funds | |||||
| 2021 | 2021f | |||||
| Turnover | 98,211 | 98,211 | ||||
| Cost ofsales & | administration | costs | (296,552) | (296,552) | ||
| Other operating | Income | 103,837 | 103,837 | |||
| (94,504) | (94,504) | |||||
| Unrestricted | ||||||
| funds | ||||||
| 2022 | 2022f | |||||
| The assets and | liabilities of | the subsidiary | were: | |||
| Current | assets | 89,780 | 89,780 | |||
| Current | liabilities | (703,625) | (703,625) | |||
| (613,845) | (613,845) | |||||
| Unrestricted | Total | |||||
| funds | funds | |||||
| 2021 | 2021 | |||||
| 6 | ||||||
| Current | assets | 45,482 | 45,482 | |||
| Current | liabilities | (611,768) | (611,768) | |||
| (566,286) | (566,286) |
| Unrestricted | Restricted | Total | ||
|---|---|---|---|---|
| funds | funds | funds | ||
| 2022 | 2022 | 2022 | ||
| 8 | 8 | 8 | ||
| Donations | and gifts | 10,000 | 19,194 | 29,194 |
| Unrestncted | Restricted | Total | ||
| funds | funds | funds | ||
| 2021 | 2021f | 2021f | ||
| Donations | and gifts | 1,120 | 1,120 | |
| Government | grants | 67,610 | 67,610 | |
| 67,610 | 1,120 | 68,730 |
| Unrestricted | Total | ||||
|---|---|---|---|---|---|
| funds | funds | ||||
| 2022 | 2022 | ||||
| 8 | |||||
| Facility | charges | and | rent | 318,312 | 318,312 |
| Unrestricted | Total | ||||
| funds | funds | ||||
| 2021f | 2021 | ||||
| Facility | charges | and | rent | 276,297 | 276,297 |
| Unrestricted | Total | ||
|---|---|---|---|
| funds | funds | ||
| 2022 | 2022 | ||
| 8 | |||
| Commercial | trading | 448,255 | 448,255 |
| Unrestricted | Total | ||
| funds | funds | ||
| 2021 | 2021 | ||
| Commercial | trading | 98,449 | 98,449 |
| Unrestricted | Total | |||
|---|---|---|---|---|
| funds | funds | |||
| 2022 | 2022 | |||
| 8 | 8 | |||
| Other | operating | Income | 46,133 | 46,133 |
| Other | income | 3,000 | 3,000 | |
| 49,133 | 49,133 | |||
| Unrestricted | Total | |||
| funds | funds | |||
| 2021 | 2021f | |||
| Other | operating | income | 103,837 | 103,837 |
| Unrestricted | Restricted | Total | |
|---|---|---|---|
| funds | funds | funds | |
| 2022f | 2022f | 2022f | |
| General charity funds | 461,936 | 461,936 | |
| Rugby fund | 18,504 | 18,504 | |
| Cricket fund | 690 | 690 | |
| 461,936 | 19,194 | 481,130 | |
| Unrestricted | Restricted | Total | |
| funds | funds | funds | |
| 2021f | 2021f | 2021f | |
| General charity funds | 350,120 | 350,120 | |
| Rugby fund | 1,120 | 1,120 | |
| 350,120 | 1,120 | 351,240 |
| Total | ||||
|---|---|---|---|---|
| Staff costs | Depreciation | Other costs | funds | |
| 2022 f |
2022 f |
2022 f |
2022f | |
| General charity funds | 6,284 | 179,795 | 275,857 | 461,936 |
| Rugby fund | 18,504 | 18,504 | ||
| Cricket fund | 690 | 690 | ||
| 6,284 | 179,795 | 295,051 | 481,130 | |
| Total | ||||
| Staffcosts | Depreciation | Other costs | funds | |
| 2021 f |
2021 f |
2021f | 2021f | |
| General charity funds | 35,518 | 183,372 | 131,230 | 350,120 |
| Rugby fund | 1,120 | 1,120 | ||
| 35,518 | 183,372 | 132,350 | 351,240 |
| Unrestricted | Restricted | Total | ||
|---|---|---|---|---|
| funds | funds | funds | ||
| 2022f | 2022 f. |
2022f | ||
| Charitable expenditure: |
||||
| Wages and salaries | 6,284 | 6484 | ||
| Building expenses | 54,942 | 54,942 | ||
| Depreciation | 179,795 | 179,795 | ||
| Pitch preparation and |
maintenance | 82,698 | 19,194 | 101,892 |
| Building maintenance | and repairs | 51,068 | 51,068 | |
| Legal and professional | 9,539 | 9,539 | ||
| General management | 77,610 | 77,610 | ||
| 461,936 | 19,194 | 481,130 |
| Unrestricted | Restricted | Total | |||
|---|---|---|---|---|---|
| funds | funds | funds | |||
| 2021 | 2021f | 2021f | |||
| Wages and salaries | 35,518 | 35,518 | |||
| Building expenses | 26,451 | 26,451 | |||
| Depreciation | 183,372 | 183,372 | |||
| Pitch preperation | and | maintenance | 51,256 | 1,120 | 52,376 |
| Building maintenance | and repairs | 23,504 | 23,504 | ||
| Legal and professional | 4,497 | 4,497 | |||
| General management | 25,522 | 25,522 | |||
| 350,120 | 1,120 | 351,240 |
| Unrestricted | Total | ||
|---|---|---|---|
| funds | funds | ||
| 2022 | 2022 | ||
| 8 | 6 | ||
| Other trading | costs: | ||
| Cost ofsales | 181,964 | 181,964 | |
| Wages and salaries | 306,953 | 306,953 | |
| Building expenses | 20,718 | 20,718 | |
| Administration | costs | 43,163 | 43,163 |
| 552,798 | 552,798 | ||
| Unrestricted | Totai | ||
| funds | funds | ||
| 2021f | 2021 | ||
| Cost ofsales | 36,529 | 36,529 | |
| Wages and salaries | 208,641 | 208,641 | |
| Building expenses | 26,267 | 26,267 | |
| Administration | costs | 26,905 | 26,905 |
| 298,342 | 298,342 |
| Unrestricted | Total | |
|---|---|---|
| funds | funds | |
| 2022 | 2022 | |
| Governance costs: | ||
| Audit fees | 10,600 | 10,600 |
| Accountancy fees | 4,200 | 4,200 |
| 14,800 | 14,800 |
| Unrestricted | Total | |
|---|---|---|
| funds | funds | |
| 2021f | 2021 | |
| Audit fees | 10,200 | 10,200 |
| Accountancy fees | 4,080 | 4,080 |
| 14,280 | 14,280 |
| Staff costs | |||||||
|---|---|---|---|---|---|---|---|
| Group | Group | Company | Company | ||||
| 2022 6 |
2021f | 2022 | 2021 | ||||
| Wages and | salaries | 272,071 | 223,727 | 6,284 | 35,518 | ||
| Social security costs | 19,621 | 15,087 | |||||
| Contribution | to defined | contribution | pension | ||||
| schemes | 4,639 | 5,345 | |||||
| 296,331 | 244,159 | 6,284 | 35,518 |
| Group | Group | |||
|---|---|---|---|---|
| 2022 | 2021 | |||
| Number of | employees | (Group) | ||
| Sales and services | 22 | 19 | ||
| Management | and administration | 6 | 6 | |
| 28 | 25 |
| Long-term | |||||
|---|---|---|---|---|---|
| leasehold | Plant and | Fixtures and | Other fixed | ||
| propertyf | machinery f |
fittings f |
assets f |
Total f |
|
| Cost or valuation | |||||
| At 1 April 2021 | 7,867,346 | 69,846 | 575,855 | 7,950 | 8,520,997 |
| Additions | 4,320 | 930 | 6,856 | 11,906 | |
| At 31 March 2022 | 7,871,666 | 69,846 | 576,785 | 14,806 | 8,532,903 |
| Depreciation | |||||
| At 1 April 2021 | 3,028,621 | 48,517 | 499,437 | 2,192 | 3,578,767 |
| Charge for the year | 157,249 | 5,792 | 15,284 | 1,470 | 179,795 |
| At 31 March 2022 | 3,185,870 | 54,309 | 514,721 | 3,662 | 3,758,562 |
| Net book value | |||||
| At 31 March 2022 | 4,685,796 | 15,537 | 62,064 | 10,944 | 4,774,341 |
| At 31March 2021 | 4,838,725 | 21,329 | 76,418 | 5,758 | 4,942,230 |
| The financial | results ofthe subsidiary | for the year were: | ||||
|---|---|---|---|---|---|---|
| Name | Incomef | Expendituref | Profit/(Loss) ISurplus/ (Deficit) for |
Net assets I (Liabilities)f |
||
| the year | ||||||
| Old Albanian | Sports Club Limited | 494,390 | (541,949) | (47,559) | (613,845) | |
| 16. | Stocks | |||||
| Group | Group | |||||
| 2022f | 2021f | |||||
| Finished goods and goods for resale | 8,895 | 6,223 |
| Group | Group | Company | Company | ||
|---|---|---|---|---|---|
| 2022f | 2021 | 2022 | 2021f | ||
| Due within one year | |||||
| Trade debtors | 86,726 | 83,530 | 69,595 | 68,693 | |
| Amounts owed by group undertakings |
641,331 | 576,042 | |||
| Other debtors | 19,007 | 63,740 | 12,185 | 58,083 | |
| Prepayments | and accrued income | 8445 | 11,316 | 8,245 | 11,316 |
| 113,978 | 158,586 | 731,356 | 714,134 |
| Group | Group | Company | Company | |||
|---|---|---|---|---|---|---|
| 2022f | 2021 | 2022f | 2021 | |||
| Trade creditors | 64,595 | 24,249 | 39,679 | 11,655 | ||
| Other taxation | and social security | 43,582 | 16,186 | 32,678 | 12,529 | |
| Other creditors | 26,226 | 20,570 | 242 | 1,585 | ||
| Accruals and deferred | Income | 64,749 | 49,640 | 64,749 | 49,640 | |
| 199,152 | 110,645 | 137,348 | 75,409 |
| Statement | o | ffunds | - prior year | ||||
|---|---|---|---|---|---|---|---|
| Balance at | |||||||
| Balance at | 31March | ||||||
| 1April 2020 f |
Income | Expenditure f |
2021 f |
||||
| Unrestricted | funds | ||||||
| General Funds | 5,209,446 | 546,248 | (648,463) | 5,107,231 | |||
| Restricted | funds | ||||||
| Rugby fund | 1,120 | (1,120) | |||||
| Total offunds | 5,209,446 | 547,368 | (649,583) | 5,107,231 | |||
| Summary | of | funds | |||||
| Summary | of | funds | - current year | ||||
| Balance at | |||||||
| Balance at 1 | 31 March | ||||||
| April 2021f | Income f |
Expenditure f |
2022 f |
||||
| General funds | 5,107,231 | 825,706 | (1,014,734) | 4,918,203 | |||
| Restricted | funds | 19,194 | (19,194) | ||||
| 5,107,231 | 844,900 | (1,033,928) | 4,918,203 | ||||
| Summary | of | funds | -prior year | ||||
| Balance at | |||||||
| Balance at | 31March | ||||||
| 1 April 2020f | Income | Expenditure f |
2021 | ||||
| General funds | 5,209,446 | 546,246 | (646,463) | 5,107,231 | |||
| Restricted | funds | 1,120 | (1,120) | ||||
| 5,209,446 | 547,368 | (649,583) | 5,107,231 |
| Group | Group | ||
|---|---|---|---|
| 2022f | 2021f | ||
| Cash | in hand | 220,141 | 110,837 |
| Total | cash and cash equivalents | 220,141 | 110,837 |
| At 1 April | At 31 March | |
|---|---|---|
| 2021 | Cash flows f |
2022 |
| 110,837 | 109,304 | 220,141 |
| 110,837 | 109,304 | 220,141 |