REGISTERED CHARITY NUMBER 1111619
Report of the Trtjstees and
Unaudited Financial Statements for the
Year Ended 5 April 2021
For
Sleaford Sports Association

Sleaford Sports Association
Contents of the Financlal Statemerrts
For ihe year ended 5 April 2021
Pale
Report of the Trustees
Ito2
Independent Examiner's Report
Statement of Financial Activthes
Balance Sheet
Notes to the Financial Statements
6t08
Detailed Statement of Financial Activities
9tolO

Sleaford Sports Association
Repart of the Trustees
For the year ended 5 April 2021
The trustees present their report with the h'nancial statements of the charity for the year ended 5 April 2021. The trustees
have adopted the provisions of the Statement of Recommended Practice ISORPI'Accounting and Reporting bycharities, issued
in March 21>05.
REFERENCE AND ADMINISTATIVE D￿AlL$
Registered Charity Number
1111619
Principle Address
Eslaforde Park
Boston Road
Sleaford
Lincolnshire
NG34 7GH
Trustees
Mrs D Thompson
MissSJ Rose
Mr B Popple
The officers of the charity a￿.
Mrs D Thompson (Secretaryl
Miss S J Rose (Treasurer)
Independent examlner
Duncan & Toplis Limited
18 Northgate
Sleaford
Lincolnshire
NG34 781
Solicitors
Ringrose Law Group
Endeavor House
3 Gilbert Drive
Boston
Lincs,PE217TR
Bankers
Lloyds TSB Bank plc
2 North8ate
Sleaford, NG34 7BL
STRucfuRE, GOVERNANCE AND MANAGEMENr
Governing document
The charity Is controlled by its governing document. its constitution adopted on 6 July 2004 and amended on 18 April 2005.
13 July 2009 and 14 Au8USt 2017.
Pa8e I

Sleaford Sports Association
Report of the Trustees
For the year ended 5 April 2021
STRUCTURE. GOVERNANCE ANO MANAGEMENT- Continued
Recruitment and appointment of new trustees
The charity has a board of three trustees, all of whom are volunteers, who are elected at the Annual General Meeting of the
Charity the board of trustee5 meet monthly as a full board. It has established a management committee which discuss the
activiries of the charity in terms of finance, premises and staffing. The management committee make recommendations to
the board of trustees and monitor operational attivities.
Prior to being elected as trustees nominees are invited to a board meeting to meet the Irustees. Should they be appointed
they are provided with all the relevant information from the Charity Commission and the charity itself regarding the work of
a trustee.
The board of trustees does not turrently have a chairman or vice chairman at)d efforts are being made to address this matter.
Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls
are in place to provide reasonable assurance against fraud and error.
08JECTIVE5 ANO ACTIVITIES
Objertlves and alms
The objects of the charity are the promotion of community parhtipation in healthy recreation for the benefit of the inhabitants
of Sleaford by the provision of facilitie5 for sport with an emphasis towards football.
Significant activities
The charity contt'nued to run and maintain the 5POrts facility at Eslaforde Park, constructed in 2￿7. The facilities provide
fantaSDC base for the clubs using the facilitr'e5 which continue to be successful and increase their members, so more local
people are benehting from the excellent facilitie5 provided by the charitv.
The charity has ￿nted football pitches to Sleaford Town Football Club and Sleaford Town junior Football Club and a150 on
"one off" basis to other organisations. It has also rented facilities to Sleaford Striders, Eslaforde Bowls Club and Sleaford
Maltsters Archery Club. The charity has employed staff to run the clubhouse facilities, including a bar. Additional income has
been generated frorn various fund-raising events and activities.
Thi5 Financial Year was significantly affected by the global Covid 19 pandemic. Loss of revenue through bar takings, pitch rents
and other fund raisin8 activitie5 was offset by accessing council business interruption 8rants and utili5ing the Government
furlough Scheme
FINANCIAL REVIEW
The Statement of Financial Activities shows net incomit)g l outgoing resources for the year of £4.82312020- £1.0291.
The total reserves at the end of the financial year We￿ £836,63712020- £831,814), but the trustees intend to try and increase
liquid reserves to cover at least three-month running tosts. The current bank loan of £194,(X)O wa5 taken out in Septembef
2017 on an interest only basis for three months and from December 2017 15 being repaid in equal monthly instalments so ihe
loan will be repaid by September 2042. The balance out5tèndin8 on this loan at S April 2021 was £182,57912020- 181,8331.
In order to ensure the loan repayments can be made the trvstees continve to ensure the overhead of the charity are kept to
a minimum and io try and lind additr.onal opportunib'es to maximise income from the facilities.
160Lffle lJ-
Approved by order of the board of trustees .
and signed on its behalf bv-
Miss S J Rose- Trustee
Page 2

Independent Examiners Report To The Trustees Of
Sleaford Sports Association
I report on the accounts for the year ended 5 April 2021, which are set out on pages four to eight.
Responsibilities and basi5 of report
As the charity's trustees you are responsible for the preparation of the account5 in accordance with the requirements of the
Charitr'es Act 20111'the Act'l-
I have examined your charity's accounts as require5 under section 145 of the Charities Act 20111'the Act'l. In carrying out my
examinatr'on I have followed the Directr'ons given by the Charity Commission under section 1451511bl of the 2011 Act.
My iole is to state whether any material matters have come to my attention giving me cause to believe:
That accounting records were not kept as required by section 130 of the Act- or
That the accounts do not accord with those records.. or
That the accounts do not comply with the accounting requirements of the Act- or
That there is further information needed for a proper under5tandin8 of the accounts.
Independent examiners statement
I have completed my examination and have no concerns In respect of the matters11110141 listed above and in connection
with following the Directions of the Charity Commission I have found no matters that require drawing to your attention.
Keith Phillips FCA
Duncan & Toplis Limited
18 Northgate
Sleaford
Lincolnshire
NG34 7BI
Date..
Page 3

Sleaford Sports Association
Statement of Financial Artivlties
For the year ended S April 2021
5.4.21
Toial
Funds
5.4.20
Total
Fund5
Unrestricted Restricted
Fund
Fund
Notes
INCOMING RESOURCES
Incoming resources from generated funds
Voluntary income
Attivities for generating funds
4,020
4,020
591
Total incomin8 resources
60,338
60,338
86,364
RESOURCES EXPENDED
Costs of generating funds
Fundraising trading.. cost of goods sold and other costs
Charitable activities
Membership
Advertising board
Firework night
Sportsman's dinner
Marquee hire
Governance costs
Other resourees expended
48,221
6,769
54.469
80,564
3,115
3.214
500
525
525
Total resources expended
NET INCOMINGIIOUTGOINGI RESOURCES
11.592
16,769
4.823
11.0291
RECONCILLIATION OF FUNDS
Total funds brought forward
763 536
831814
832 843
TOTAL FUNDS CARRIED FORWARD
The notes form part of these financial statements
Page 4

Sleaford Sports Association
Balance Sheet
At S April Z021
5.4.21
Total
Fund5
5.4.20
Total
Funds
Unrestricted Restricted
Fund
Fund
Notes
FIXED ASSErs
Tangible assets
233,959
756,764
990,723 1,004,705
CUThRENT AsS￿s
Stocks
Debtor5
Cash at bank and in hand £300 cash
2.750
31.665
31,665
13,174
CREDITORS
Amounis falling due within one year
NET CURRENT ASSETS IIUABILITIESI
TOTAL ASSETS LESS CURRENT LIABILITIES
262,452
756,764 1,019.216 1,013.647
CREOITORS
Amounts falling due after MO￿ than one year
1182 579
182 $79
181833
NET ASSETS
FUNOS
Unrestricted funds
Restricted funds
li
79,873
756 764
68,278
763 536
TOTALFUNOS
836 637
831814
The financial statements were approved by the Board of Trustee5 on
nd were signed on its behalf bv:
Miss S Rose Trustee
The note5 form part of these financial statements
Page 5

Sleaford Sports Assoclation
Notes to the Financial Statements
For the year ended 5 April 2021
ACCOUNTING POLICIES
The financial statements have been prepared under the historical cost convention, and in accordance with the Financial
Reporting Standard for Smaller Entities leffective April 2LK)81, the Charities Act 2011 and the requirement5 of the
Statement of Recornmended Pfactice. Accounting and Reporting by Charities.
Incoming resources
All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the
income and the amount c8n be quanb'lied with reasonable accuracy.
Resource5 empended
Expenditure is accounted for an accruals basis and has been classified vnder headings that aggregate all cost related to
the category. Where costs cannot be directly attributed to particular headings. they have been allocated to activitie5
on a basis consistent with the use of resources.
Tangible fixed a5SÈts
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold propertv
Equipment
15 on cost
-2S% on cost. IO% on cost and 5% on cost
Stocks
Stocks are valued at the lower of cost anil net realisable value, after makinB due allowance for obsolete and slow moving
items.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordante with the chariiable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restritted purposes within the objects of the charity. Restrictions arise
when specffied by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
ACTIVITIES FOR GENERATING FUNDS
5.4.21
5.4.20
Membership subscriptions
Bar income
Sponsorship and advertising
Pitch fee5
Funday
Fireworks night
Sportsman dinner
Hire of facilities
Anglian Watey compensation
Covid Grants
4,550
44,143
3.424
7.280
17,298
5,120
9.552
11,833
2,829
062
Page 6

Sleaford Sports Association
Notes to the Financial Statements- continued
For the year ended 5 April 2021
TRUSTEES, REMUNERATION AND BENEFITS
The following trltstees were paid remuneration for duties carried out as employee5 of the charity in the yeèr ended 5
April 2021- Mrs D Thompson £7.15012020- £8,937)
None of the other trustees were paid remuneration or other benelits for the year ended S April 2021 nor for the year
ended 5 April 2020.
Trustees, expenses
There were no trustees, expenses paid the for the year ended 5 April 2021 nor for the year ended 2020.
STAFF COSTS
5.4.21
5.4.20
Wages and salarles
The average monthly number of employees during the year was as follows..
5.4.21
5.4.20
Clubhouselbar
Maintenance
No employees received emolvment5 in excess of £60.000.
TANGIBLE FIXED A$5ETS
Freehold
Property Equipment
Tota15
COST
At 6 April 2020
Additr'ons
1,106.894
106,237 1,213.131
At S April 2021
1106 894
106 237 1213 131
DEPRECIATION
At 6 April 2020
Charge for year
119,961
88,465
208,426
At 5 April 2021
129 271
NET BOOKVALUE
At 5 April 2021
At 5 April 2020
Included in cost or valuation of land and buildings is freehold land of £175,887 12020 - £175,887) which is not
depreciated.
STOCKS
5.4.21
5.4.20
Stocks
Pa8e 7

Sleaford Sports As50Ciatlon
Contents of the Finan¢ial Statements
For the year ended 5 April 2021
OE8TORS: AMOUNS FALLING DUE wrrH ONE YEAR
5.4.21
5.4.20
Other debtor5
CREDITORS: AMOUNTS FALUNG DUE WITHIN ONE YEAR
5.4.21
5.4.20
Bank loans and overdrafts
Trade ereditors
Taxakn"on and social security
Other creditors
147
1,332
CREDITORS: AMOUNTS FALUNG DUE AFTER MORE THAN ONE YEAR
5.4.21
5.4.20
Bank loans
10. SECURED DEBTS
The following secured debt5 are incllsded with creditors..
5.4.21
5.4.20
Bank loans
The bank loan is secured by a legal charge over the charity'5 freehold property Eslaforde Park. Boston Road, Sleaford,
Lincs, NG34 7GH. A loan of £194,(￿ was taken out in September 2017 on an interest only basis for three months and
then repayable in equal monthty instalments 50 the loan will be repaid by September 2042.
11. MOVEMENT IN FUNDS
The restricted funds represent tapital grants received for the provislon of a new sports facility at Eslaforde Park and
also for the purchase of 5POrts equipment. These grants place restricb'ons on the use and sale of the freehold propertv
and sports equipment. As the related assets are depreciated, then a transfer 15 made from restricted asset funds to
unrestricted revenue reseNe5 to reflect the diminution in the assets.
Page 8

Sleaford Sports Association
Contents of the Financial Statements
For the year ended 5 April 2021
5.4.21
5.4.20
INCOMING RESOURCES
Voluntary income
Donation5
Activities for generating funds
MeMbe￿hIp subscriptions
Baf income
Sponsorship and advertising
Pitch fees
Funday
Fireworks night
Sportsman's dinner
Hire of facilities
Anglian Water compensation
Covid Grants
4,020
591
4.550
44,143
3,424
7,280
17,298
5,120
9.552
11.833
2.829
Total incoming resources
60,338
86.364
RESOURCES EXPENDEO
Fundraising trading: cost of good5 slod and other cost5
Opening stock
Purchases
Wages
Rate5 and water
Light and heat
Customer entertaining
Insurance
Repairs and renewals
Cleaning and waste disposal
Ground maintenance
Bank charges
Sundry expenses
Tèlephone
Freehold property
Plant and machinery
Bank interest
Closing stock
2,750
2,026
15,681
1,230
3,265
2,615
14,071
20.756
5,394
4,915
2.188
1,758
233
4,610
459
212
988
9,310
4,672
7,608
2,142
1,265
1,007
4.488
644
1,891
3,509
9.310
4.668
6.639
54.990
80,564
Charitable activities
Membership costs
Advertising board costs
Fireworks night cost5
Sportsman dinner cost5
Marquee hire
3,115
6,329
This page does not form part of the statutory financial statement5
Page 9

Sleaford Sports Association
Contents of the Flnancial Statements
For the year ended S April 2021
5.4.21
5.4.20
Govemance costs
Accountancv
525
500
Support COSts
ManaBement
Donations
Total resources expended
55.515
87.393
Net income l expenditure
4.823
11,0291
Thi5 page does not form part of the statutory financial statements
Page 10