| ~pa e | |||
|---|---|---|---|
| Report ofthe Trustees | 1-9 | ||
| Independent Examiner's |
Report to | the Trustees | 10 |
| Statement ofFinancial | Activities | ||
| Balance Sheet | 12 | ||
| Notes to the Financial | Statements | 13-23 | |
| Thefollowing pages do notform part ofthefinancia stalements | |||
| Detailed Income and Expenditure | Accounts | 24-26 |
| Unrestricted | Funds | |||||
|---|---|---|---|---|---|---|
| General | O~il& | R ld 1 0 |
||||
| Puurose | Funds | Funds | 2021 | 2020 | ||
| Note | f | f | ||||
| INCOME: | ||||||
| Donations and Legacies |
3 | 127,038 | 171,230 | 298,268 | 280,547 | |
| Activities for Raising Funds | 4 | 70,632 | 70,632 | 80,504 | ||
| Investment Income |
115 | 115 | 160 | |||
| TOTAL INCOMING RESOURCES | 197,785 | 171,230 | 369,015 | 361,211 | ||
| EXPENDITURE: | ||||||
| Costs ofRaising Funds | 3,056 | 3,056 | 14,110 | |||
| Expenditure on charitable activities |
7 | 151,490 | 127,010 | 278,500 | 303,207 | |
| TOTAL EXPENDITURE | 154,546 | 127,010 | 281,556 | 317,317 | ||
| NET INCOME/(EXPENDITURE) | AND | |||||
| NET MOVEMENT IN FUNDS FOR | ||||||
| TBEYEAR | 43,239 | 44 220 | 87,439 | 43 894 | ||
| RECONCILIATION OF FUNDS: |
||||||
| TOTAL FUNDS AT 1JULY 2020 | 18 | 1,547,990 | 400,000 | 503,396 | 2,451,386 | 2,407,492 |
| SURPLUS FORTBE | ||||||
| FINANCIAL YEAR | 43,239 | 44,220 | 87,459 | 43,894 | ||
| TRANSFER BETV77EEN FUNDS | (319,776) | 319,776, | ||||
| TOTALTORO8AT30~21121 | 18 | 1271433 | 400,000 | 867,392 | 2,538,845 | 2,451,386 |
| WALLSEND | BOYSCLUB | |||||
|---|---|---|---|---|---|---|
| BALANCE SHEET AS AT 30TH JUNE 2021 | ||||||
| Note | 2021 | 2020 | ||||
| FIXEDASSETS | 13 | 1,821,164 | 1,944,415 | |||
| CURRENT ASSETS | ||||||
| Investments | 14 | 20,601 | 20,601 | |||
| Debtors | 15 | 42,524 | 7,012 | |||
| Cash at Bank and in Hand | 16 | 708,458 | 524 448 | |||
| 771,583 | 552,061 | |||||
| CREDITORS - AMOUNTS | DUE | |||||
| WITHIN ONE YEAR | 17 | 53 962 | 45,090 | |||
| NET CURRENT ASSETS | 717,681 | 506,971 | ||||
| TOTAL ASSETSLESS | ||||||
| CURRENT LIABILITIES | 2,538,845 | 2451 386 | ||||
| CAPITAL | ||||||
| Restricted Funds | 18 | 867,392 | 503,396 | |||
| Unrestricted Funds - General |
Purpose | 18 | 1,271,453 | 1,547,990 | ||
| Unrestricted Funds - Designated |
Funds | 18 | 400,000 | 400,000 | ||
| 2,538,845 | 2,451,386 |
| is calculated so as to write o | ffthe cost ofan asset, less its est |
|---|---|
| Leasehold Premises | 2% Straight Line |
| Plant and Machinery | 15%Reducing Balance |
| Motor Vehicles | 25% Straight Line |
| 3GPitch | 10%Straight Line |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | TOTAL | TOTAL | ||
| g | |||||
| Grants | The Football Foundation | 6,050 | 6,050 | 7,141 | |
| The Michael Carrick Foundation | 35,000 | 35,000 | 35,000 | ||
| Barbour Foundation | 2,000 | 2,000 | |||
| Sir James Knott Trust | 100,000 | 100,000 | |||
| Catherine Cookson Trust |
25,000 | 25,000 | |||
| Growing Up in Wallsend |
3,180 | 3,180 | |||
| Local Authority Grant |
10,000 | 10,000 | 10,000 | ||
| HMRC CJRS Grant | 1,321 | 1,321 | 825 | ||
| Donations | General Donations | 96,717 | 96,717 | 206,603 | |
| Gift aid | 19,000 | 19,000 | 20,978 | ||
| 127038 | 171230 | 298,268 | 280,547 |
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | TOTAL | TOTAL | |||
| Fundraising | Activities | 8,634 | 8,634 | 52,044 | ||
| Courses and | Tournaments | 1,876 | 1,876 | |||
| Canteen and | Vending | Machine | 340 | 340 | 4,004 | |
| Pitch Hire | 40,630 | 40,630 | 11,780 | |||
| Merchandise | 2,920 | 2,920 | ||||
| Sportsman's | Dinner | 12,676 | ||||
| Team Sponsorship | 12,034 | 12,034 | ||||
| Youth Training | 4198 | 4,198 | ||||
| 70,632 | 70632 | 80504 |
| 2021 | 2020 | ||
|---|---|---|---|
| Unrestricted | Restricted | TOTAL | TOTAL |
| 115 | 115 | 160 | |
| 115 | 115 | 160 |
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | TOTAL | TOTAL | |||
| f | ||||||
| Sportsman's | Dinner | 10,272 | ||||
| Merchandise | 2,620 | 2,620 | ||||
| Fundraising | costs | 180 | 180 | 2,764 | ||
| Social Investors - grant repaid | 1,074 | |||||
| Youth Development | 256 | 256 | ||||
| 3,056 | 3 | 056 | 14 110 |
| 2021 | 2020 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | TOTAL | TOTAL | ||||
| f | f | ||||||
| B~os Club | |||||||
| Gross Salaries | 8,128 | 35,000 | 43,128 | 53,816 | |||
| Recuitment and Other Staff Costs |
373 | ||||||
| Heat, Light and Water | 6,548 | 6,548 | 6,542 | ||||
| Insurance | 7,393 | 7,393 | 6,272 | ||||
| Telephone | 1,300 | 1,300 | 1,650 | ||||
| Printing Stationery |
and | Computer | Costs | 3,334 | 3 334 | 1,861 | |
| Website and Marketing | Costs | 568 | 568 | 33 | |||
| Repairs and Maintenance | 7,533 | 7,533 | 9,626 | ||||
| Motor Expenses | 1,528 | 1,528 | 1,768 | ||||
| Sundry Expenses | 572 | 572 | 644 | ||||
| Entertaining | 1,016 | ||||||
| Bank Charges | 99 | 99 | 260 | ||||
| Bookkeeping Expenses | 1,415 | ||||||
| Legal and Professional Fees | 11,567 | 11,567 | 14,677 | ||||
| Depreciation | 31,241 | 92,010 | 123,251 | 123,251 | |||
| Balance Carried | Forsvard | 79,811 | 127,010 | 206,821 | 223,204 |
| 2021 | 2020 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | TOTAL | TOTAL | ||||
| g | g | g | |||||
| Balance Brought Fortvard | 79,811 | 127,010 | 206,821 | 223404 | |||
| Football Section | |||||||
| Facilities and | Training | 4,747 | 4,747 | 8,560 | |||
| League and Cup Fees | 5,557 | 5,557 | 9,928 | ||||
| Club Tours | 2,872 | 2,872 | 5,785 | ||||
| Kits | 18,655 | 18,655 | 16,125 | ||||
| Referee Fees | 4,887 | 4,887 | 4,349 | ||||
| Fines | 1,081 | 1,081 | 1,904 | ||||
| Donations Refunded | 418 | 418 | 14,670 | ||||
| Pitch Maintenance | 32,856 | 32,856 | 18,682 | ||||
| Presentation | Evening | 250 | 250 | ||||
| Matchday Kitchen | 356 | 356 | |||||
| 71679 | 71679 | 80 003 | |||||
| TOTAL CHARITABLE EXPENDITURE | 151,490 | 127,010 | 278,500 | 303407 | |||
| 8 | ANALYSIS | OF GOVERNANCE | COSTS | ||||
| 2021 | 2020 | ||||||
| Unrestricted | Restricted | TOTAL | TOTAL | ||||
| g | |||||||
| Legal and Professional Fees | 6,150 | 6,150 | 6,751 | ||||
| 6,150 | 6,150 | 6,751 |
| KEYMANAGEMENT PERSONNEL |
||||
|---|---|---|---|---|
| Unrestricted | Restricted | 2021 | 2020 | |
| g | g | |||
| Gross Salaries | 6,798 | 35,000 | 41,798 | 52,674 |
| Employer Pension Contributions | 1,330 | 1,330 | 1,142 | |
| Total StaffCosts | 8,128 | 35,000 | 43 128 | 53816 |
| Unrestricted | Unrestricted | Restricted | Restricted | Unrestricted | Unrestricted | Unrestricted | |||
|---|---|---|---|---|---|---|---|---|---|
| New Site | 3G | Pitch | Motor | Plant & | |||||
| l~ll l D~ll |
rt | V hl | I | M~~ | TOTAL | ||||
| f | f | f | |||||||
| COST | |||||||||
| As at 1stJuly 2020 | 1,370,599 | 920,105 | 9,420 | 23,286 | 2,323,410 | ||||
| Additions | |||||||||
| As at 30th June | 2021 | 1,370,599 | 920 105 | 9,420 | 23,286 | 2,323,410 | |||
| DEPRECIATION | |||||||||
| As at 1stJuly 2020 | 244,446 | 113,733 | 5,888 | 14,928 | 378,995 | ||||
| Charge for the year | 27,412 | 92,010 | 2,355 | 1,474 | 123,251 | ||||
| As at 30th June | 2021 | 271,858 | 205,743 | 8 243 | 16402 | 502 246 | |||
| NET BOOKVALUE | |||||||||
| As at 30th June | 2021 | 1 098,741 | 714362 | 1,177 | 6,884 | 1,821,164 | |||
| As at 30th June | 2020 | 1,126,153 | 806 372 | 3,532 | 8,358 | 1,944,415 | |||
| 14 | INVESTMENTS | ||||||||
| 2021 | 2020 | ||||||||
| f. | |||||||||
| Stated At Cost: | |||||||||
| European Fund | —Share Class 1 | 9,894 | 9,894 | ||||||
| Managed Balanced Fund -Accumulation | Share Class 1 | 10,707 | 10,707 | ||||||
| 20 601 | 20,601 |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| TOTAL | TOTAL | ||||
| g | I | ||||
| Debtors | 41,700 | ||||
| Prepayments | and | Accrued | Income | 824 | 7,012 |
| 42,524 | 7012 |
| 2021 | 2020 | |
|---|---|---|
| TOTAL | TOTAL | |
| g | f. | |
| Barclays Bank | 538,326 | 353,597 |
| Virgin Money | 169,686 | 169,686 |
| Cash | 446 | 1,165 |
| 708458 | 524 448 |
| 2021 | 2020 | ||
|---|---|---|---|
| TOTAL | TOTAL | ||
| I | |||
| Amounts | due within oneyear: | ||
| Trade Creditors | 36,890 | ||
| Sundry Creditors | 2,585 | 2,901 | |
| Other Creditors | 1,317 | 5,299 | |
| Barclays | Bounceback Loan | 50,000 | |
| 53,902 | 45 090 |
| Balance | Balance | |||||
|---|---|---|---|---|---|---|
| ~fst Jul | 30th June | |||||
| 2020 | Income | ~xX&ended | Transfers | 2021 | ||
| g | ||||||
| Restricted Funds | ||||||
| Capital | Grants | |||||
| New Development | 486,596 | 125,000 | (92,010) | 319,776 | 839,362 | |
| Revenue | Grants | 16,800 | 46,230 | (35,000) | 28,030 | |
| 503,396 | 171,230 | (127,010) | 319,776 | 867,392 | ||
| Unrestricted Funds |
||||||
| General | Purpose | 1,547,990 | 197,785 | (154,546) | (319,776) | 1,271,453 |
| Designated Funds |
400,000 | 400,000 | ||||
| 2451,386 | 369015 | 281,556 | 2 538,845 |
| Unrestricted | Restricted | ||
|---|---|---|---|
| Funds | Funds | TOTAL | |
| f. | f | ||
| Tangible Fixed Assets | 1,106,802 | 714,362 | 1,821,164 |
| Current Assets | 618,553 | 153,030 | 771,583 |
| Current Liabilities | (53,902) | (53,902) | |
| Net Assets at 30th June 2021 | 1,671,453 | 867,392 | 2,538,845 |
| ANALYSIS OF NET ASSETS - PREVIOUS YEAR | |||
| Unrestricted | Restricted | ||
| Fltuds | Funds | TOTAL | |
| f | g | ||
| Tangible Fixed Assets | 1,457,819 | 486,596 | 1,944,415 |
| Current Assets | 505,261 | 16,800 | 522,061 |
| Current Liabilities | (45,090) | (45,090) | |
| Net Assets at 30th June 2020 | 1,917990 | 503,396 | 2,421,386 |
| FOR THE Y | EAR ENDED 30TH | EAR ENDED 30TH | JUNE 2021 | |||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | |||||
| Funds | Funds | 2021 | 2020 | |||
| g | g | |||||
| INCOME: | ||||||
| Donadons and Legacies | ||||||
| The Football Foundation | 6,050 | 6,050 | 56,480 | |||
| The Michael Carrick Foundation | 35,000 | 35,000 | 40,790 | |||
| Social Investors | 7,926 | |||||
| Barbour Foundation | 2,000 | 2,000 | ||||
| Sir James Knott Trust | 100,000 | 100,000 | ||||
| Catherine Cookson Trust |
25,000 | 25,000 | ||||
| Growing Up in Wallsend | 3,180 | 3,180 | ||||
| Local Authority Grant |
10,000 | 10,000 | 10,000 | |||
| HMRC CJRS Grant | 1,321 | 1,321 | 825 | |||
| Actlvittes for Raising Funds | ||||||
| Fundraising Events |
8,634 | 8,634 | 52,044 | |||
| Pitch Hire | 40,630 | 40,630 | 11,780 | |||
| Merchandise | 2,920 | 2,920 | ||||
| Sportsman Dinner |
12,676 | |||||
| Investment Income |
||||||
| Building Society Interest | 115 | 115 | 160 | |||
| 63,620 | 171230 | 234,850 | 192 | 681 | ||
| EXPENDITURE: | ||||||
| Costs ofRuisin gFunds | ||||||
| Sportsman's Dinner |
10,272 | |||||
| Merchandise | 2,620 | 2,620 | ||||
| Fundraising Costs |
180 | 180 | 2,764 | |||
| Youth Development | 256 | 256 | ||||
| 3,056 | 3,056 | 13 | 036 | |||
| Balance Carried Forward | 60,564 | 171,230 | 231,794 | 179,645 |
| Unrestricted | Restricted | ||||||
|---|---|---|---|---|---|---|---|
| Funds | Funds | 2021 | 2020 | ||||
| g | g | ||||||
| Balance Brought Fonvard | 60,564 | 171,230 | 231,794 | 179,645 | |||
| RESOURCES EXPENDED CONTINUED | |||||||
| Expenditure on Charitable |
Activities | ||||||
| Gross Salaries | 8,128 | 35,000 | 43,128 | 53,816 | |||
| Recuitment and Other Staff |
Costs | 373 | |||||
| Heat, Light and Water | 6,548 | 6,548 | 6,542 | ||||
| Insurance | 7,393 | 7,393 | 6,272 | ||||
| Telephone | 1,300 | 1,300 | 1,650 | ||||
| Printing Stationery and Computer |
Costs | 3334 | 3,334 | 1,861 | |||
| Website and Marketing | Costs | 568 | 568 | 33 | |||
| Repairs and Maintenance | 7,533 | 7,533 | 9,626 | ||||
| Motor Expenses | 1,528 | 1,528 | 1,768 | ||||
| Sundry Expenses | 572 | 572 | |||||
| Entertaining | 1,016 | ||||||
| Bank Charges | 99 | 99 | 260 | ||||
| BookKeeping Expenses | 1,415 | ||||||
| Legal and Professional Fees | 11,567 | 11,567 | 14,677 | ||||
| Depreciation | 31,241 | 92,010 | 123,251 | 123,251 | |||
| 79,811 | 127010 | 206,821 | 223 204 | ||||
| NET RESOURCES | (19,247) | 44,220 | 24,973 | (43,559) |
| FOR TH | E YEAR ENDED 30TH | JUNE 2021 | |||
|---|---|---|---|---|---|
| Unrestricted | Restricted | ||||
| Funds | Funds | 2021 | 2020 | ||
| g | g | ||||
| INCOME | |||||
| Donations | 96,717 | 96,717 | 206,603 | ||
| Gift Aid | 19,000 | 19,000 | 20,978 | ||
| Courses and Tournaments | 1,876 | 1,876 | |||
| Matchday Kitchen |
340 | 340 | 4,004 | ||
| PODS | 4,198 | 4,198 | |||
| Team Sponsorhip | 12,034 | 12,034 | |||
| 134 165 | 134 165 | 231,585 | |||
| EXPENDITURE | |||||
| Pitch Hire | and Coaching | 4,747 | 4,747 | 8,560 | |
| League and Cup Fees | 5,557 | 5,557 | 9,928 | ||
| Club Tours | 2,872 | 2,872 | 5,785 | ||
| Kits | 18,655 | 18,655 | 16,125 | ||
| Fines | 1,081 | 1,081 | 1,904 | ||
| Referee Fees | 4,887 | 4,887 | 4,349 | ||
| Pitch Maintenance | 32,856 | 32,856 | 18,682 | ||
| Donations | Refunded | 418 | 418 | 14,670 | |
| Presentation | Evening | 250 | 250 | ||
| Match Day | Kitchen | 356 | 356 | ||
| 71679 | 71679 | 80003 | |||
| NET RESOURCES | 62,486 | 62,486 | 151,582 |