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|||Page||
|---|---|---|---|
|Reference and Administrative
Details||||
|Report ofthe Trustees|2|to|12|
|Report ofthe Independent
Auditors|13|to|15|
|Statement ofFinancial Activities||16||
|Balance Sheet||17||
|Cash Flow Statement||18||
|Notes to the Cash Flow Statement||19||
|Notes to the Financial Statements|20|to|28|
##
|TRUSTEES|JKeay (Chair)|
|---|---|
||JHarris|
||RNeal|
||KBali|
||JMulcahy|
||S Speak|
||RAntcliffe|
||RBullingham|
||C I'Anson|
|COMPANY SECRETARY|SWilkinson|
|REGISTERED OFFICE|1 Elgar Business Centre|
||Moseley Road|
||Hallow|
||Worcester|
||Worcestershire|
||WR2 6NJ|
|REGISTERED|CHARITY|NUMBER|1114673|||
|---|---|---|---|---|---|
|AUDITORS|||Cooper Parry Group|Limited||
||||CUBO Birmingham,|Oflice|401|
||||4e Floor, Two Chamberlain||Square|
||||B33AX|||
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|RBullingham|—appointed|15March 2023|
|---|---|---|
|JKeay|||
|KBali|||
|JHarris|||
|JMulcahy|||
|RAntcliffe|—appointed|15March 2023|
|RNeal|||
|SSpeak|||
|M Stevenson|—resigned|15March 2023|
|A Tansley|—resigned|15March 2023|
|C I'Arson|—appointed|15March 2023|
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|||||||2023|2022|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
|||||fund|funds|funds|funds|
||||Notes|||||
|INCOME|AND ENDOWMENTS|||||||
|Donations|and legacies||||98,644|98,644|147,065|
|Charitable|activities||4|527,110|26,697|553,807|547,960|
|Investment|income||3|5,260||5,260|1,795|
|Total||||532,370|125,341|657,711|696,820|
|EXPENDITURE ON||||||||
|Charitable|activities||5|590,378|107,368|697,746|635,585|
|Total||||580,042|107,368|697,746|635,585|
|NET INCOME/(EXPENDITURE)||||(58,008)|17,973|(40,035)|61,235|
|RECONCILIATION||OFFUNDS||||||
|Total funds brought||forward||721,523|58,525|780,048|718,813|
|TOTAL FUNDS CARRIED FORWARD||||663,515|76498|740 013|~780 048|
|||||2023|2022|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||fund|funds|funds|funds|
||Notes|||||
|FIXEDASSETS||||||
|Tangible assets|11|3,760||3,760|5,341|
|Investments|12|1||1|1|
|||3,761||3,761|5,342|
|CURRENT ASSETS||||||
|Debtors|13|60,567|83,126|143,693|96,348|
|Cash at bank and in hand||653,159|~80030|~733 189|~870 082|
|||713,726|163,156|867,882|966,430|
|CREDITORS||||||
|Amounts
falling due within one year|14|(53,972)|(86,658)|(140,630)|(191,724)|
|NET CURRENT ASSETS||659,754|76,498|736,252|774,706|
|TOTAL ASSETSLESSCURRENT||||||
|LIABILITIES||663,515|76,498|740,013|780,048|
|NET ASSETS||663 515|~76 498|740,013|780,048|
|FUNDS|16|||||
|Unrestricted
funds||||663,515|721,523|
|Restricted funds||||76,498|58,525|
|TOTAL FUNDS||||740,013|~780 048|
||||||2023|2022|
|---|---|---|---|---|---|---|
|||||Notes|||
|Cash flows from operating|activities||||||
|Cash generated
&om operations||||1|~141,758|22,539|
|Net cash provided by operating||activities|||(141,758)|22,539|
|Cash flows from investing|activities||||||
|Purchase oftangible
fixed assets
Interest received|||||(395)
5,260|(5,171)
~1795|
|Net cash provided by investing||activities|||4,865|3376|
|Change in cash and cash equivalents|||in||||
|the reporting
period|||||(136,893)|19,163|
|Cash and cash equivalents|at|the|||||
|beginning ofthe reporting|period||||870,082|~850919|
|Cash and cash equivalents|at|the end|of||||
|the reporting
period|||||733 189|870,082|
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|OPERATING AC|TIVI|TIES||||
|---|---|---|---|---|---|
|||||2023|2022|
|Net (expenditure)/income||for the reporting|period (as per the|||
|Statement ofFinancial||Activities)||(40,035)|61,235|
|Adjustments
for:||||||
|Depreciation
charges||||1,976|2,928|
|Interest received||||(5,260)|(1,795)|
|Decrease/(increase)|in debtors|||(47,345)|(27,354)|
|(Decrease)/increase|in creditors|||~51,094|~12,475|
|Net cash provided|by operations|||141758|22,539|
##
|ANALYSIS OFCHANGES IN NET FUND|S|||
|---|---|---|---|
||At 1.4.22|Cash flow|At 31.3.23|
|Net cash||||
|Cash at bank and in hand|~870082|136893|~733 189|
||870 082|136893|733,189|
|Total|870,082|136893|733,189|
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|||2023|2022|
|---|---|---|---|
|Unrestricted|Restricted|Total|Total|
|funds|funds|funds|funds|
||98,644|98,644|147,065|
||98,644|98,644|147,065|
||||2023|2022|
|---|---|---|---|---|
|Sport|England|—Primary PE|8,696|26,087|
|Sport|England|—Secondary TT|~89 948|120,978|
||||98 644|147,065|
##
|INVES|TMENT INCOME|||||
|---|---|---|---|---|---|
|||||2023|2022|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|funds|funds|
||||||f|
|Interest|receivable|~5260||~5260|1,795|
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||||2023|2022|
|---|---|---|---|---|
|Professional|Leadership||97,107|104,224|
|Membership|Services||374,948|343,922|
|Organisational|development|and capacity building|17,433|20,345|
|Advocacy and influence|||55,983|78,283|
|Other Income|||8,336|1,186|
||||553 807||
##
|CHARITA|BLE ACTIVITIES COSTS||||
|---|---|---|---|---|
||||Support||
|||Direct|costs (see||
|||Costs|note 6)|Totals|
|Professional|Leadership|218,177|121,291|339,468|
|Membership|Services|136,693|189,162|325,855|
|Governance|costs||32,423|32,423|
|||354,870|342,876|697,746|
|6.|SUPPORT|COSTS|||||||
|---|---|---|---|---|---|---|---|---|
||||||||Governance||
||||||Finance|Other|costs|Totals|
||Professional|Leadership||||121,291||121,291|
||Membership|Services|||1,976|187,186||189,162|
||Governance|costs|||||~32 423|32,423|
||||||~1976|~308 477|~32 423|~342 876|
||Support costs, included||in the above,||are as follows:||||
||Governance|costs|||||||
||||||||2023|2022|
||||||||Total|Total|
||||||||activities|activities|
||Auditors'
remuneration||||||9,605|5,500|
||Board meeting
costs||||||7,676|1,923|
||Other governance
costs||||||15,142|13,320|
||Accountancy|and legal|fees|||||~4269|
||||||||32,423|25,012|
|7.|NET INCOME/(EXPENDITURE)||||||||
||Net income/(expenditure)||is|stated after charging/(crediting);|||||
||||||||2023|2022|
||Depreciation|- owned assets|||||1,976|2,928|
|8.|AUDITORS'|REMUNERATION|||||||
||||||||2023|2022|
||Fees payable|to the charity's||auditors|and their associates for the|audit ofthe|||
||charity's
financial statements||||||9,605|5,500|
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|Staffc|osts were as follows:|||
|---|---|---|---|
|||2023|2022|
|Wages|and salaries|221,865|175,202|
|Social|security costs|19,176|14,808|
|Other|pension costs|18,118|16,471|
|||~259 159|206,481|
||||2023|2022|
|---|---|---|---|---|
||||No.|No.|
||||6|6|
|The number ofhigher paid employees||was:|||
||||2023|2022|
||||No.|No.|
|In the band f70,001|-f80,000||0|0|
|ln the band f80,001|—f90,000||1|1|
##
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|11.|TANGIBLE FIXEDASSETS||||
|---|---|---|---|---|
|||Fixtures|||
|||and|Computer||
|||fittings|equipment|Totals|
||COST||||
||At 1 April 2022|2,613|29,288|31,901|
||Additions|395||395|
||At 31 March 2023|3,008|29,288|32,296|
||DEPRECIATION||||
||At 1 April 2022|2,613|23,947|26,560|
||Charge for year|99|1,877|1,976|
||At 31 March 2023|2 712|~25 824|~28 536|
||NET BOOK VALUE||||
||At 31 March 2023|296|3 464|~3760|
||At 31 March 2022||~5341|5,341|
|12.|FIXEDASSETINVESTMENTS||||
|||||Investments|
||MARKET VALUE||||
||At 1 April 2022 and 31 March 2023||||
||NET BOOKVALUE||||
||At 31 March 2023||||
||At 31March 2022||||
##
|Class ofshare:|holding|||
|---|---|---|---|
|Ordinary|100|||
|||2023|2022|
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|DEBTORS:|AMOUNTS FALLING DUE WITHIN ONE YEAR|||
|---|---|---|---|
|||2023|2022|
|Trade debtors||36,043|27,231|
|Prepayments|and accrued income|107,650|69,117|
|||143,693|96,348|
|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR||||
|||2023|2022|
|Trade creditors||50,273|74,796|
|Social security and other taxes||6,313|6,980|
|VAT||11,632|11,635|
|Other creditors||7,118|5,542|
|Accruals and|deferred income|65,294|92,771|
|||140,630|191724|
##
|DEFER|RED INCOME|||||
|---|---|---|---|---|---|
||||Released to|||
|||As at 1|incoming|Deferred in|As at 31|
|||April 2022|resources|the year|March 2023|
||||||f,|
|Membership||44,334|(44,334)|32,512|32,512|
|Advertising||12,371|(12,371)|12,371|12,371|
|Annual|conference|2,124|(2,124)|2,124|2,124|
|Royalties||3,750|(3,750)|3,750|3,750|
|Grant income||15,518|(15,518)|||
|Training|courses|975|(975)|2,090|2,090|
|Total||79,072|(79,072)|52,847|52,847|
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|||Balance|Incoming|Resources||Balance|
|---|---|---|---|---|---|---|
|||b/f|resources|expended|Transfers|c/f|
|Unrestricted|funds||||||
|General fund||721523|532370|590,378||663515|
|||721523|532370|590378||663515|
|Restricted funds|||||||
|Gerald Murray||676||||676|
|Regions and Home Counties||24,467|26,697|(14,653)||36,511|
|Sport England|-Primary PE|33482|8,696|(2,765)||39311|
|Sport England|- Secondary TT||89 950|89950|||
|||58 525|125341|107368||76498|
|TOTAL FUNDS||780048|657711|697746||740013|
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|During the year a|su|mmary ofthe related party transactions
ar|e:||
|---|---|---|---|---|
||||2023|2022|
|Sales transactions|with related party|||393|
|Expenses reimbursed||to trustees|1,944|1,422|
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