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|||||||Page|
|---|---|---|---|---|---|---|
|Reference|and Administrative||Details ofthe Company,|its Trustees|and Advisers||
|Trustees'|Report|||||2-13|
|Trustees'|Responsibilities
Statement|||||14|
|Independent
Auditors'||Report|on the Financial Statements|||15-18|
|Statement|of Financial|Activities||||19|
|Balance Sheet||||||20|
|Statement|ofCash Flows|||||21|
|Notes to the Financial||Statements||||22- 35|
##
|Trustees|||Guy Buckland,|Chair ofTrust Board|
|---|---|---|---|---|
||||Susan Lesley|Dors, Trustee|
||||Simon Russell,|Trustee|
||||Anna Clare Hall, Trustee||
||||Paul David Harrod, Trustee||
||||Tabinda
Rashid- Fadel, Trustee||
||||William
Brown,|Trustee|
|Company|registered||||
|number|||05794916||
|Charity registered|||||
|number|||1114495||
|Company|secretary||Steve Nelson||
|Independent||auditors|Bishop Fleming|LLP|
||||Chartered
Accountants||
||||Statutory
Auditors||
||||10Temple Back||
||||Bristol||
||||BS16FL||
|Bankers|||Santander||
||||Avon Street||
||||Bristol||
||||BS2OEL||
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|||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|
|||||funds|funds|funds|funds|
||||Note|2023
F|2023f|2023|2022
F|
|Income from:||||||||
|Donations
and|legacies|||487,136|1,143,062|1,630,198|2,043,811|
|Charitable
activities||||145,900|1,920|147,820|129,378|
|Investments||||17,854||17,854|1,234|
|Other income|||||||91,767|
|Total income||||650,890|1,144,982|1,795,872|2,266,190|
|Expenditure
on:||||||||
|Charitable
activities||||577,961|1,537,015|2,114,976|1,469,565|
|Total expenditure||||577,961|1,537,015|2,114,976|1,469,565|
|Net movement|in funds|||72,929|(392,033)|(319,104)|796,625|
|Reconciliation|offunds:|||||||
|Total funds brought||forward||337,700|917,981|1,255,681|459,056|
|Net movement|in funds|||72,929|(392,033)|(319,104)|796,625|
|Total funds carried||forward||410,629|525,948|936,577|1,255,681|
##
##
||||||Note||2023f||2022|
|---|---|---|---|---|---|---|---|---|---|
|Current assets||||||||||
|Debtors||||||198,161||7, 107||
|Cash at bank|and|in|hand|||1,011,643||1,380,282||
|||||||1,209,804||1,387,389||
|Creditors.
amounts|||falling due within|one||||||
|year|||||12|(273,227)||(131,708)||
|Net current|assets||||||936,577||1,255,681|
|Total assets|less|current liabilities|||||936,577||1,255,681|
|Total net assets|||||||936,577||1,255,681|
|Charity funds||||||||||
|Restricted
funds|||||13||525,948||917,981|
|Unrestricted|funds||||13||410,629||337,700|
|Total funds|||||||936,577||1,255,681|
##
|||||2023f|2022
F|
|---|---|---|---|---|---|
|Cash flows from operating|activities|||||
|Net cash used
in operating|activities|||(386,493)|853,968|
|Cash flows from investing|activities|||||
|Investment
income received||||17,854|1,234|
|Net cash provided
by investing
activities||||17,854|1,234|
|Change
in cash and cash|equivalents
in|the year||(368,639)|855,202|
|Cash and cash equivalents|at the beginning|ofthe year||1,380,282|525,080|
|Cash and cash equivalents|at the end of|the year||1,011,643|1,380,282|
|The notes on pages 22 to 35form part ofthese financial|||statements|||
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||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|
||funds|funds|funds|funds|
||2023f|2023|2023
F|2022|
|Donations||15,000|15,000||
|Grants|487,136|1,128,062|1,615,198|2,043,811|
||487,136|1,143,062|1,630,198|2,043,811|
|TOTAL 2022|259,417|1,784,394|2,043,811||
##
|||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|
|||funds|funds|funds|funds|
|||2023|2023|2023|2022|
|Core and operational|services|3,028||3,028|15,778|
|Tennis||142,872||142,872|113,600|
|Grant funding|||1,920|1,920||
|||145,900|1,920|147,820|129,378|
|TOTAL 2022||126,494|2,884|129,378||
##
|||||Unrestricted|Total|Total|
|---|---|---|---|---|---|---|
|||||funds|funds|funds|
|||||2023|2023|2022|
|||||E|E||
||Interest|on deposit|accounts|17,854|17,854|1,234|
||TOTAL|2022||1,234|1,234||
|5.|OTHER|INCOMING|RESOURCES||||
|||||Unrestricted|Total|Total|
|||||funds|funds|funds|
|||||2023|2023f|2022|
||Pension|income||||91,767|
||TOTAL|2022||91,767|91,767||
##
|||Unrestricted|Restricted|||
|---|---|---|---|---|---|
|||funds|funds|Total|Total|
|||2023
E|2023
E|2023f|2022
E|
|Core and operational|services|442,957||442,957|253,192|
|Sport England|||562,338|562,338|881,666|
|NGB projects|||||1,473|
|Grant funding|||974,677|974,677|235,859|
|Tennis||135,004||135,004|97,375|
|||577,961|1,537,015|2,114,976|1,469,565|
|TOTAL 2022||391,347|1,078,218|1,469,565||
##
|||Activities||||
|---|---|---|---|---|---|
|||undertaken|Support|Total|Total|
|||directly|costs|funds|funds|
|||2023
E|2023
E|2023f|2022
F|
|Core and operational|services|361,682|81,275|442,957|253,192|
|Sport England||550,577|11,761|562,338|881,666|
|NGB projects|||||1,473|
|Grant funding||962,089|12,588|974,677|235,859|
|Tennis||126,038|8,966|135,004|97,375|
|||2,000,386|114,590|2,114,976|1,469,565|
|TOTAL 2022||1,355,878|113,687|1,469,565||
||Core and||||
|---|---|---|---|---|
||operational|Sport|NGB|Grant|
||services|England|projects|funding|
||2023f|2023f|2023f|2023f|
|Staff costs|349,177|88,320||153,342|
|Delivery costs|12,505|462,257||808,747|
|Grants for delivery|||||
||361,682|550,577||962,089|
|TOTAL 2022|168,632|870,860|1,473|228,801|
||||Total|Total|
|||Tennis|funds|funds|
|||2023
f.|2023f|2022f|
|Staff costs||53,580|644,419|530,127|
|Delivery costs||72,458|1,355,967|125,999|
|Grants for delivery||||699,752|
|||126,038|2,000,386|1,355,878|
|TOTAL 2022||86,112|1,355,878||
##
##
||||Core and||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||operational||||Sport|||Grant|||Total||Total|
||||services|||England||funding|||Tennis|funds||funds|
||||2023|||2023|||2023||2023|2023||2022|
||||||||||||F|||F.|
||General||||||||||||||
||mangement||||||||||||||
||(inc. office and||||||||||||||
||staff expenses)||48,628|||6,059|||6,353||8,542|69,582||65,942|
||Marketing
and||||||||||||||
||communications||277||||||3,926||424|4,627||845|
||Consultancy||23,184|||5,702|||2,309|||31,195||33,828|
||Governance||9,186|||||||||9,186||13,072|
||||81,275|||11,761|||12,588||8,966|114,590||113,687|
||TOTAL 2022||84,560|||10,806|||7,058||11,263|113,687|||
|8.|AUDITORS' REMUNERATION||||||||||||||
|||||||||||||2023||2022|
|||||||||||||F.||F|
||Fees payable to the|Charity's
auditor|||in respect of:||||||||||
||Auditors'
remuneration||- audit|||||||||5,000||4,500|
||Auditors'
remuneration||- other services|||||||||2,000||1,500|
||During the year, no Trustees received|||||any remuneration|||(2022: FNil).||||||
||During the year, no Trustees received|||||any benefits|in|kind (2022: FNil).|||||||
||During the year, no Trustees received|||||reimbursement|||ofexpenses (2022: ENil).||||||
||During
the year one||Trustee
provided|||consultancy||services||totalling|f960 to|the Charity|for|delivery
of|
||workshops
at Health|events.|||||||||||||
|9.|STAFF COSTS||||||||||||||
|||||||||||||2023||2022|
|||||||||||||F|||
||Wages and salaries|||||||||||500,394||408,841|
||Social security costs|||||||||||45,943||35,845|
||Contribution
to defined||contribution|pension schemes||||||||98,082||85,441|
|||||||||||||644,419||530,127|
##
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||||2023|2022|
|---|---|---|---|---|
||||No.|No.|
|Senior Management||Team|2|2|
|Development|officers|and administration|15|13|
||||17|15|
|2023|2022|
|---|---|
|No.|No.|
##
##
|||2023|2022|
|---|---|---|---|
||||F|
|DUE WITHIN|ONE YEAR|||
|Trade debtors||188,293|297|
|Prepayments|and accrued income|9,868|6,810|
|||198,161|7,107|
##
##
|||||2023|2022|
|---|---|---|---|---|---|
||||||F|
|Trade creditors||||27,215|72,788|
|Other taxation||and social security||9,793|10,471|
|Pension|fund loan payable|||6,645|26,499|
|Accruals|and deferred||income|229,5?4|21,950|
|||||273,227|131,708|
##
##
##
|STATEMENT OF FUNDS -CURRENT|YEAR||||
|---|---|---|---|---|
|||||Balance at|
||Balance at 1|||31 March|
||April 2022
E|Income
E|Expenditure
f|2023f|
|UNRESTRICTED FUNDS|||||
|Wesport Core and Operational|293,758|508,018|(442,957)|358,819|
|Tennis|43,942|142,872|(135,004)|51,810|
||337,700|650,890|(577,961)|410,629|
|RESTRICTED FUNDS|||||
|Sport England|71,550|680,624|(562,337)|189,837|
|NGB Projects|||||
|Other Grant Funding|143,561|464,358|(432,880)|175,039|
|Ageing
Well Fund|579,770||(436,645)|143,125|
|COMF|123,100||(105,153)|17,947|
||917,981|1,144,982|(1,537,015)|525,948|
|TOTAL OF FUNDS|1,255,681|1,795,872|(2,114,976)|936,577|
##
##
|||||Balance at|
|---|---|---|---|---|
||Balance at|||31 March|
||1 April 2021f|Income
f|Expenditure
f|2022|
|UNRESTRICTED FUNDS|||||
|Wesport Core and Operational|181,637|365,312|(253,191)|293,758|
|Tennis|27,718|113,600|(97,376)|43,942|
||209,355|478,912|(350,567)|337,700|
|RESTRICTED FUNDS|||||
|Sport England|119,496|833,721|(881,667)|71,550|
|NGB Projects|1,473||(1,473)||
|Other Grant Funding|128,732|149,457|(134,628)|143,561|
|Ageing
Well Fund||594,000|(14,230)|579,770|
|COMF||210,100|(87,000)|123,100|
||249,701|1,787,278|(1,118,998)|917,981|
|TOTAL OF FUNDS|459,056|2,266,190|(1,469,565)|1,255,681|
##
##
||||||Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|
||||||funds|funds|funds|
||||||2023f|2023|2023f|
|Current|assets||||493,549|716,255|1,209,804|
|Creditors|due|within|one|year|(82,920)|(190,307)|(273,227)|
|TOTAL|||||410,629|525,948|936,577|
##
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||||||Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|
||||||funds|funds|funds|
||||||2022|2022|2022|
||||||f.||F|
|Current|assets||||420,727|966,662|1,387,389|
|Creditors|due|within|one|year|(83,027)|(48,681)|(131,708)|
|TOTAL|||||337,700|917,981|1,255,681|
||||||||||||2023|2022|
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||||E|E|
||Net
income/expenditure
for|||the|year|(as|per|Statement|of|Financial|||
||Activities)||||||||||(319,104)|796,625|
||ADJUSTMENTS FOR:||||||||||||
||Investment|income|received||||||||(17,854)|(1,234)|
||Decrease/(increase)||in debtors||||||||(191,054)|16,546|
||Increase
in|creditors|||||||||141,519|42,031|
||NET CASH|PROVIDED BY/(USED|||IN)|OPERATING ACTIVITIES|||||(386,493)|853,968|
|16.|ANALYSIS|OF CASH AND CASH|||EQUIVALENTS||||||||
||||||||||||2023|2022|
||||||||||||F|E|
||Cash
in hand||||||||||1,011,643|1,380,282|
||TOTAL CASH AND||CASH EQUIVALENTS||||||||1,011,643|1,380,282|
##
|||||At 1 April||At 31 March|
|---|---|---|---|---|---|---|
|||||2022|Cash flows|2023|
||||||F|F|
|||||F|||
|Cash|at bank and||in hand|1,380,282|(368,639)|1,011,643|
|Debt|due within|1|year|(26,499)|19,854|(6,645)|
|||||1,353,783|(348,785)|1,004,998|
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