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||||~pa e|
|---|---|---|---|
|Report ofthe Trustees|||1-9|
|Independent<br>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|





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|||Unrestricted|Funds||||
|---|---|---|---|---|---|---|
|||General|O~il&|R ld<br>1 0|||
|||Puurose|Funds|Funds|2021|2020|
||Note|f||||f|
|INCOME:|||||||
|Donations<br>and Legacies|3|127,038||171,230|298,268|280,547|
|Activities for Raising Funds|4|70,632|||70,632|80,504|
|Investment<br>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<br>on charitable<br>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<br>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<br>Funds - General|Purpose||18|1,271,453||1,547,990|
|Unrestricted<br>Funds - Designated||Funds|18|400,000||400,000|
|||||2,538,845||2,451,386|






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|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|



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|||||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<br>Cookson Trust||25,000|25,000||
||Growing<br>Up in Wallsend||3,180|3,180||
||Local Authority<br>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|



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||||||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|



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|||2021|2020|
|---|---|---|---|
|Unrestricted|Restricted|TOTAL|TOTAL|
|115||115|160|
|115||115|160|





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|||||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|



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|||||||2021|2020|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|TOTAL|TOTAL|
|||||||f|f|
|B~os Club||||||||
|Gross Salaries||||8,128|35,000|43,128|53,816|
|Recuitment<br>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<br>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|





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|||||||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|





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|KEYMANAGEMENT<br>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|



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|||Unrestricted|Unrestricted|Restricted|Restricted|Unrestricted|Unrestricted|Unrestricted||
|---|---|---|---|---|---|---|---|---|---|
||||New Site|3G|Pitch|Motor||Plant &||
|||l~ll<br>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|





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|||||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|



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|||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|





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|||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<br>Funds|||||||
|General|Purpose|1,547,990|197,785|(154,546)|(319,776)|1,271,453|
|Designated<br>Funds||400,000||||400,000|
|||2451,386|369015|281,556||2 538,845|



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||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|



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|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<br>Cookson Trust|||25,000|25,000|||
|Growing Up in Wallsend|||3,180|3,180|||
|Local Authority<br>Grant|10,000|||10,000|10,000||
|HMRC CJRS Grant|1,321|||1,321||825|
|Actlvittes for Raising Funds|||||||
|Fundraising<br>Events|8,634|||8,634|52,044||
|Pitch Hire|40,630|||40,630|11,780||
|Merchandise|2,920|||2,920|||
|Sportsman<br>Dinner|||||12,676||
|Investment<br>Income|||||||
|Building Society Interest||115||115||160|
||63,620||171230|234,850|192|681|
|EXPENDITURE:|||||||
|Costs ofRuisin gFunds|||||||
|Sportsman's<br>Dinner|||||10,272||
|Merchandise|2,620|||2,620|||
|Fundraising<br>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||





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|||||Unrestricted|Restricted|||
|---|---|---|---|---|---|---|---|
|||||Funds|Funds|2021|2020|
|||||g||g||
|Balance Brought Fonvard||||60,564|171,230|231,794|179,645|
|RESOURCES EXPENDED CONTINUED||||||||
|Expenditure<br>on Charitable||Activities||||||
|Gross Salaries||||8,128|35,000|43,128|53,816|
|Recuitment<br>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<br>Stationery<br>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)|





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||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<br>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|