| Page | |||||
|---|---|---|---|---|---|
| Report ofthe Trustees | l | to | 2 | ||
| Independent Examiner's |
Report | ||||
| Statement ofFinancial | Activities | ||||
| Balance Sheet | |||||
| Notes to the Financial Statements | 6 | to | 7 | ||
| Detailed Statement ofFinancial | Activities |
| 2020 | 2019 | |||
|---|---|---|---|---|
| Unrestricted | Total | |||
| fund | funds | |||
| Notes | ||||
| INCOME AND ENDOWS'IENTS FROM | ||||
| Donations and legacies |
9,000 | |||
| Charitable activities |
||||
| Sport related | 91,592 | 159.598 | ||
| Other income | 5,604 | |||
| Total | 106,196 | 159,598 | ||
| EXPENDITURE ON | ||||
| Charitable activities |
||||
| Sport related | 130,599 | 150,104 | ||
| Other | 43 | 101 | ||
| Total | 130,642 | 150,205 | ||
| NET INCOME/(EXPENDITURE) | (24,446) | 9,393 | ||
| RECONCILIATION | OF FUNDS | |||
| Total funds brought | fonvard | 10,910 | 1,517 | |
| TOTAL FUNDS CARRIED FORWARD | (13,536) | 10.910 |
| 2020 | 2019 | |||
|---|---|---|---|---|
| Unrestricted | Total | |||
| fund | funds | |||
| Notes | ||||
| CURRENT ASSETS | ||||
| Cash at bank | 59,525 | 57,965 | ||
| CREDITORS | ||||
| Amounts falling due within |
one year | (38,755) | (47.055) | |
| NET CURRENT ASSETS | 20,770 | 10,910 | ||
| TOTAL ASSETSLESSCliRRENT LIABILITIES | 20,770 | 10,910 | ||
| CREDITORS | ||||
| Amounts falling due after more than one year |
(34,306) | |||
| NET ASSETS | (13,536) | 10,910 | ||
| FUNDS | ||||
| Unrestricted funds |
(13,536) | 10,910 | ||
| TOTAL FUNDS | (13,536) | 10,910 |
| 2020 | 2019 | |||||
|---|---|---|---|---|---|---|
| Donations | 9,000 | |||||
| TRUSTEES' REMUNERATION | AND BENEFITS | |||||
| 2020 | 2019 | |||||
| Trustees' | salaries | 53,000 | 53,000 | |||
| Tmstees' | social security | 2,363 | 1,607 | |||
| Trustees' | pension | contributions | to | defined benefit schemes | 1,219 | 782 |
| 56,582 | 55,389 | |||||
| Trustees' | expenses |
| STAFF COSTS | ||||||
|---|---|---|---|---|---|---|
| The average monthly number |
ofemployees | during | the year was as folio««s: | |||
| 2020 | 2019 | |||||
| Administration and coaching |
2 | |||||
| No emplo& ees received emoluments in excess off60,000. |
||||||
| CREDITORS: AMOUNTS | FALLING DUE WITHIN ONE YEAR | |||||
| 2020 | 2019 | |||||
| Bank loans and overdralts (see note 7) Taxation and social security Other creditors |
1,693 5,574 31,488 |
5,634 41,421 |
||||
| 38,755 | 47,055 | |||||
| CREDITORS: AMOUNTS | FALLING DUE AFTER MORE THAN ONE YEAR | |||||
| 2020 | 2019 | |||||
| f. | ||||||
| Bank loans (see note 7) | 34,306 | |||||
| LOANS | ||||||
| An analysis ofthe maturity ofloans is given |
below: | |||||
| 2020 | 2019 | |||||
| Amounts falling due within one year on |
demand: | |||||
| Bank loans | 1,693 | |||||
| Amounts falling bet«veen one |
and two years: | |||||
| Bank loans - 1-2 years | t),888 | |||||
| Amounts falling due beh«een |
tv o and five years: | |||||
| Bank loans - 2-5 years | 21,726 | |||||
| Amounts falling due in more |
than five years: | |||||
| Repayable by instalments: |
||||||
| Bank loans more 5 yr by instal | 5,692 | |||||
| RELATED PARTY DISCLOSURES | ||||||
| There were no related party transactions | for | the year ended 31 August 2020. |
| FOR THE YEAR ENDED 31 | AltGUST 2020 |
|||
|---|---|---|---|---|
| 2020 | 2019 | |||
| INCOME AND ENDO'tYMENTS | ||||
| Donations and legacies |
||||
| Donations | 9,000 | |||
| Charitable activities |
||||
| Basketball Club Subscriptions The Alee Reed Academy funding |
19,186 4,033 |
37,147 48,806 |
||
| Jolm Lyons Charity Events |
37,667 1,552 |
36,333 3,143 |
||
| Grants Other income |
27,809 1,345 |
33,438 731 |
||
| 91,592 | 159,598 | |||
| Other income | ||||
| Government furlough grants |
5,604 | |||
| Total incoming resources |
106,196 | 159,598 | ||
| EXPENDITI)RE | ||||
| Charitable activities |
||||
| Trustees' sal aries Trustees' social security |
53,000 2,363 |
53,000 1,607 |
||
| Trustees' pension contributions |
1,219 | 782 | ||
| Coaching salaries | 17,779 | |||
| Social security | 582 | |||
| Pensions | 214 | |||
| Coaching fees and spoilt programme |
deliveD, | 71,537 | 73,492 | |
| 128,119 | l47,456 | |||
| Other | ||||
| Bank charges | 43 | 101 | ||
| Support costs | ||||
| Management | ||||
| Meeting expenses | 232 | 272 | ||
| Governance costs |
||||
| Accountancy and legal fees |
2,248 | 2,376 | ||
| Total resources expended | 130,642 | I50,205 | ||
| Net (expenditure)/income | (24,446) | 9.393 |