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||||||||Page|
|---|---|---|---|---|---|---|---|
|Trustees'|annual
report (incorporating|||the|directors'|report)||
|Independent
auditor's||report to|the members||||13|
|Statement|offinancial|activities|(including||income and expenditure|||
|account)||||||||
|Statement|offinancial|position|||||19|
|Statement|ofcash flows||||||20|
|Notes to the financial||statements|||||21|
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|Year ende|Year ende|d 31 January
2|d 31 January
2|d 31 January
2|021|||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|The trustees,||who are also the|||directors
for the|purposes|of|company|law, present|their report and the financial||
|statements|ofthe charity|||for the|year ended 31 January 2021.|||||||
|Reference|and administrative||||details|||||||
|Registered||charity|name||Exeter City|Community||Trust||||
|Charity registration|||number||1121596|||||||
|Company|registration|||number|06053326|||||||
|Principal office and|||registered||StJames Park|||||||
|office|||||Stadium
Way|||||||
||||||Exeter|||||||
||||||Devon|||||||
||||||EX46PX|||||||
||||||UK|||||||
|The trustees||||||||||||
||||||D C Coard||||(Resigned||15September 2020)|
||||||GJ Cridland||||(Resigned||15September 2020)|
||||||CJ Gill||||(Resigned||15September 2020)|
||||||C Hill||||(Resigned||20 May 2020)|
||||||JA Hodgkins|||||||
||||||N Murray||||(Resigned||20 May 2020)|
||||||JTagg|||||||
||||||M J Weiler||||(Resigned||20 May 2020)|
||||||A
I Richards||||(Appointed||17November 2020)|
||||||M L Davey||||(Appointed||17November 2020)|
||||||BH Hayes||||(Appointed||26January 2021)|
||||||D G Kirk||||(Appointed||26January 2021)|
||||||PJ Goodes|||||||
||||||R Morshead|||||||
||||||EA Davis|||||||
||||||RW Marsh|||||||
|Company|secretary||||R Knight|||||||
|Auditor|||||Elliott Bunker Ltd|||||||
||||||Chartered|accountants||&statutory|auditor|||
||||||61 Macrae|Road||||||
||||||Ham Green|||||||
||||||Bristol|||||||
||||||BS20ODD|||||||
|Chief executive officer|||||JVittles|||||||
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||||||2021||2020|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|||
|||||funds|funds|Total funds|Total funds|
||||Nots|F|F|8||
|Income and endowments||||||||
|Donations
and legacies|||5|255,938|311,771|567,709|304,824|
|Charitable
activities|||6|508,852|39,438|548,290|1,193,704|
|Other trading
activities|||7||||10,900|
|Investment
income|||8|2,130||2,130|3,323|
|Total income||||766,920|351,209|1,118,129|1,512,751|
|Expenditure||||||||
|Expenditure
on charitable|activities||9|634,979|304,965|939,944|1,454,735|
|Total expenditure||||634,979|304,965|939,944|1,454,735|
|Net income and net movement||in funds||131,941|46,244|178,185|58,016|
|Reconciliation
offunds||||||||
|Total funds
brought
forward||||397,539|46,870|444,409|386,393|
|Total funds carried forward||||529,480|93,114|622,594|444,409|
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|31January
20|21||||||
|---|---|---|---|---|---|---|
||||||2021|2020|
|||||Note|6|F|
|Fixed assets|||||||
|Tangible fixed assets||||15|33,443|28,033|
|Current assets|||||||
|Debtors||||16|174,126|142,404|
|Cash at bank and|in|hand|||806,045|521,572|
||||||980,171|663,976|
|Creditors: amounts||falling|due within one year|17|391,020|247,600|
|Net current assets|||||589,151|416,376|
|Total assets less|current||liabilities||622,594|444,409|
|Net assets|||||622,594|444,409|
|Funds ofthe charity|||||||
|Restricted funds|||||93,114|46,870|
|Unrestricted
funds|||||529,480|397,539|
|Total charity funds||||20|622,594|444,409|
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|Year ended 3|1 January|2021||||
|---|---|---|---|---|---|
|||||2021|2020|
|||||F||
|Cash flows from operating||activities||||
|Net income||||178,185|58,016|
|Adjustments
for:||||||
|Depreciation
oftangible
fixed assets||||10,149|6,909|
|Other interest receivable
and||similar income||(2,130)|(3,323)|
|Accrued income||||(3,718)|(1,877)|
|Chengesin:||||||
|Trade and other|debtors|||(31,722)|(5,325)|
|Trade and other|creditors|||147,138|(159,074)|
|Cash generated|from operations|||297,902|(104,674)|
|Interest received||||2,130|3,323|
|Net cash from/(used
in) operating
activities||||300,032|(101,351)|
|Cash flows from investing||activities||||
|Purchase oftangible assets||||(15,559)|(21,497)|
|Net cash used
in|investing
activities|||(15,559)|(21,497)|
|Net increase/(decrease)
in cash and cash|||equivalents|284,473|(122,848)|
|Cash and cash|equivalents|at beginning|ofyear|521,572|644,420|
|Cash and cash|equivalents|at end ofyear||806,045|521,572|
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|the useful economic
life ofthat|asset as follows:||
|---|---|---|
|Plant and machinery|25%straight|line|
|Fixtures and fittings|25% straight|line|
|Motor vehicles|25% straight|line|
|Equipment|15%straight|line|
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|Donations
and le|gacies||||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total Funds|
|||Funds|Funds|2021|
|||F|6|6|
|Grants|||||
|EFLTrust: Core funding||35,000||35,000|
|Education||7,500||7,500|
|Sports participation||687|67,348|68,035|
|Social inclusion||16,286|78,407|94,693|
|Health and wellbeing||1,098|140,757|141,855|
|Covid-1 9 grants -|ECC/JRS|175,370|24,309|199,679|
|Other||2,593||2,593|
|Sponsorship|||||
|Sponsorship|||||
|Other donations|and legacies||||
|Donations||17,404|950|18,354|
|||255,938|311,771|567,709|
|||Unrestricted|Restricted|Total Funds|
|||Funds|Funds
6|2020
f|
|Grants|||||
|EFLTrust: Core funding||35,000||35,000|
|Education|||||
|Sports participation||4,860|72,653|77,513|
|Social inclusion||(615)|122,391|121,776|
|Health and wellbeing||11,600|17,305|28,905|
|Covid-19 grants -|ECC/JRS||||
|Other||1,250|8,000|9,250|
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|Donations|and le|gacies
[canrrnusrri||||
|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total Funds|
||||Funds
f|Funds
f|2020
f|
|Sponsorship||||||
|Sponsorship|||22,026||22,026|
|Other donations||and legacies||||
|Donations|||7,404|2,950|10,354|
||||81,525|223,299|304,824|
|Charitable|activities|||||
||||Unrestricted|Restricted|Total Funds|
||||Funds|Funds|2021|
|Education|||106,373||106,373|
|Sports participation|||135,706|35,244|170,950|
|Social inclusion|||243,920|3,968|247,888|
|Health and|wellbeing||18,185|226|18,411|
|Other income|||4,668||4,668|
||||508,852|39,438|548,290|
||||Unrestricted|Restricted|Total Funds|
||||Funds|Funds|2020|
||||f|F|F|
|Education|||172,206||172,206|
|Sports participation|||349,456|31,166|380,622|
|Social inclusion|||564,498||564,498|
|Health and|wellbeing||61,165||61,165|
|Other income|||15,213||15,213|
||||1,162,538|31,166|1,193,704|
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||||Unrestricted|Total Funds|Unrestricted|Total Funds|
|---|---|---|---|---|---|---|
||||Funds
f|2021
f|Funds|2020
f|
||Fundraising|events|||10,900|10,900|
|8.|Investment|income|||||
||||Unrestricted|Total Funds|Unrestricted|Total Funds|
||||Funds
F|2021
f|Funds
f|2020
F|
||Bank interest|receivable|2,130|2,130|3.323|3,323|
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||Unrestricted|Restricted|Total Funds|
|---|---|---|---|
||Funds|Funds|2021|
||E|E|E|
|Education|40,433||40,433|
|Sports participation|163,597|66,114|229,711|
|Social inclusion|164,676|59,956|224,632|
|Health and wellbeing|42,501|113,094|155,595|
|Other|16,135||16,135|
|Support costs|207,637|65,801|273,438|
||634,979|304,965|939,944|
||Unrestricted|Restricted|Total Funds|
||Funds|Funds|2020|
||E|E|E|
|Education|64,883||64,883|
|Sports participation|297,895|89,553|387,448|
|Social inclusion|486,377|98,112|584,489|
|Health and wellbeing|56,811|18,508|75,319|
|Other|25,100||25,100|
|Support costs|260,140|57,356|317,496|
||1,191,206|263,529|1,454,735|
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|||||||||||2021|2020|
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||F||
||Administrative||salaries|||including|employer's||Nl|112,080|105,385|
||Staff pensions|||||||||11,484|11,389|
||Staff training||and conferences|||||||1,615|3,441|
||DBSchecks|||||||||390|1,192|
||Motor expenses|||||||||10,306|15,946|
||Advertising|and promotion||||||||62,718|79,511|
||Telephone
and internet|||||||||4,301|7,313|
||Computer
support|||and||website||||2,677|4,138|
||Printing,
stationery|||and||postage||||1,501|4,261|
||Heat and light|||||||||4,085|5,703|
||Repairs and|maintenance||||||||3,512|9,408|
||Cleaning|||||||||1,450|1,706|
||Fundraising|expenses||||||||59|10,230|
||Management||accounts|||&bookkeeping||||28,960|34,569|
||Bank charges|||||||||1,845|530|
||Bad debts|||||||||3,166|1,225|
||Sundries|||||||||1,729|487|
||Depreciation|||||||||4,570|2,525|
||Grants and donations||||paid|||||3,462|3,677|
||Legal, consultancy|||and||professional||fees||6,030|9,590|
|||||||||||265,940|312,226|
||Governance|costs||||||||||
||Trustees'
insurance|||||||||2,618|1,120|
||Legalfees|||||||||420|150|
||Audit fee|||||||||4,460|4,000|
|||||||||||273,438|317,496|
||Net income|||||||||||
||Net income is||stated after charging/(crediting):|||||||||
|||||||||||2021|2020|
||||||||||||6|
||Depreciation|oftangible||||fixed assets||||10,149|6,909|
|12.|Auditors
remuneration|||||||||||
|||||||||||2021|2020|
|||||||||||6||
||Fees payable||for the audit ofthe||||financial statements|||4,460|4,000|
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|Staff co|sts||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|The total|staff|costs|and|employee|||benefits for the reporting|||period are analysed|as follows:||
||||||||||||2021|2020|
||||||||||||6|6|
|Wages and salaries|||||||||||650,705|763,731|
|Employer|contributions|||to|pension||plans||||11,484|11,389|
||||||||||||662,189|775,120|
|The average||head|count||of|employees||during|the year|was 68 (2020: 72).|The average|number
of|
|full-time|equivalent||employees|||during the||year is|analysed|as follows:|||
||||||||||||2021|2020|
||||||||||||No.|No.|
|Administration||staif|||||||||4|4|
|Coaching|staff||||||||||64|68|
||||||||||||68|72|
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|Tangible fixed assets|||||||
|---|---|---|---|---|---|---|
||Freehold|Plant and|Fixtures and|Motor|||
||property|machinery|fittings|vehicles|Equipment|Total|
||8|F|6|8|8|6|
|Cost|||||||
|At 1 Feb 2020||38,131|30,775|1,845|9,486|80,238|
|Additions|||14,401||1,158|15,559|
|At 31Jan 2021||38,131|45,176|1,845|10,644|95,797|
|Depreciation|||||||
|At 1 Feb 2020||26,366|14,821|1,845|9,173|52,205|
|Charge for the year||5,537|4,144||468|10,149|
|At 31Jan 2021||31,903|18,965|1,845|9,641|62,354|
|Carrying
amount|||||||
|At 31Jan 2021||6,228|26,211||1,003|33,443|
|At 31Jan 2020||11,765|15,954||313|28,033|
##
|Debtors||||
|---|---|---|---|
|||2021|2020|
|Trade debtors||110,116|83,918|
|Prepayments|and accrued income|64,010|58,486|
|||174,126|142,404|
##
|Trade creditors||
|---|---|
|Accruals and deferred|income|
|Other creditors||
|2021|2020|
|---|---|
|6||
|4,723|21,784|
|309,682|156,502|
|76,615|69,314|
|391,020|247,600|
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|Deferred
income|||
|---|---|---|
||2021|2020
f|
|At 1 February 2020|142,508|273,099|
|Amount
released to income|(142,508)|(273,099)|
|Amount
deferred
in year|299,406|142,508|
|At 31January
2021|299,406|142,508|
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|||||2021|2020|
|---|---|---|---|---|---|
|||||6||
|Running|events|||39,126|39,516|
|National|Citizen|Service|||20,100|
|Premier|League|Kicks||23,334|1,818|
|Premier|League|Primary Stars||40,834|12,264|
|Primary|School|Delivery|||14,083|
|Futsal BTecand||Foundation|Degree|44,091||
|Disability|projects|||13,211|25,521|
|Covenantfund||||18,000||
|Social inclusion||projects||15,000||
|Exeter City Women||||11,225|4,800|
|Health and wellbeing
projects||||75,021|10,321|
|Other||||19,564|14,085|
|||||299,406|142,508|
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|||||||||At|
|---|---|---|---|---|---|---|---|---|
|||At|1|Feb 2020|Income|Expenditure|Transfers|31Jan 2021|
|||||F|6|6||8|
|General|funds|||397,539|766,920|(634,979)||529,480|
|||||||||At|
|||At|1|Feb 2019|Income|Expenditure|Transfers|31 Jan 2020|
||||||6|6|8|F|
|General|funds|||331,645|1,258,286|(1,191,206)|(1,186)|397,539|
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|Analysis ofcharita
Restricted funds|ble
fu|nds
/con//nusu/|||||
|---|---|---|---|---|---|---|
|||||||At|
|||At 1 Feb 2020|Income|Expenditure|Transfers|31Jan 2021|
||||5|F||8|
|PL Girls|||||||
|PL Primary Stars||(5,500)|85,497|(68,337)||11,660|
|PL Kicks||2,387|50,484|(39,232)||13,639|
|Doorstep Sports Club|||||||
|Disability
Football/Sport||17,975|17,904|(20,884)||14,995|
|Ability Counts|||5,931|(7,703)||(1,772)|
|C Fraser Memorial|Fund|2,179||||2,179|
|Fundraising
-Prostate|||||||
|Cancer UK|||||||
|Get on Track|||||||
|Active Communities|||||||
|Exeter Sports Fund|||||||
|Traineeships/CoLab|||12,115|(6,890)||5,225|
|Clare Milne Trust||7,800||(4,000)||3,800|
|Junior Grecians||12,933|8,198|(11,735)||9,396|
|Sporting
Memories|||4,973|(5,106)||(133)|
|PFA - Futsal laptops||892||(535)||357|
|Innovation
project|||||||
|Covenant
fund|||9,454|(11,051)||(1,597)|
|Infrastructure
grant||2,690||||2,690|
|Exeter City Women||3,808|19,204|(10,708)||12,304|
|Wellbeing
Exeter||1,190|71,415|(71,274)||1,331|
|PL Fans Fund||516|6,825|(1,694)||5,647|
|Tackling Loneliness|||||||
|Together|||14,973|(13,475)||1,498|
|Creating
Connections|||44,236|(32,341)||11,895|
|||46,870|351,209|(304,965)||93,114|
|||||||At|
|||At 1 Feb 2019
5|Income
5|Expenditure
5|Transfers
f|31 Jan 2020
F|
|PL Girls||964|9,325|(7,091)|(3,198)||
|PL Primary Stars||1,439|72,653|(79,592)||(5,500)|
|PL Kicks|||36,628|(37,439)|3,198|2,387|
|Doorstep Sports Club||8,701|||(8,701)||
|Disability
Football/Sport||16,103|31,218|(29,346)||17,975|
|Ability Counts|||2,548|(12,586)|10,038||
|C Fraser Memorial|Fund|2,418||(239)||2,179|
|Fundraising
- Prostate|||||||
|Cancer UK||1,911|||(1,911)||
|Get on Track||2,393|||(2,393)||
|Active Communities||1,441||(53)|(1,388)||
|Exeter Sports Fund||2,339||(3,500)|1,161||
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|20.|Analysis
ofcharitable|funds|(conrinurrrr/|||||
|---|---|---|---|---|---|---|---|
||Traineeships/CoLab|||22,255|(17,554)|(4,701)||
||Clare Milne Trust||11,800||(4,000)||7,800|
||Junior Grecians||500|18,304|(12,729)|6,858|12,933|
||Sporting
Memories||1,473|2,144|(4,590)|973||
||PFA - Futsal laptops||1,427||(535)||892|
||Innovation
project||1,813|8,167|(7,611)|(2,369)||
||Covenant
fund||26|10,000|(13,645)|3,619||
||Infrastructure
grant|||8,000|(5,310)||2,690|
||Exeter City Women|||15,812|(12,004)||3,808|
||Wellbeing
Exeter|||5,161|(3,971)||1,190|
||PL Fans Fund|||12,250|(11,734)||516|
||Tackling Loneliness|||||||
||Together|||||||
||Creating Connections|||||||
|||||254,465|(263,529)|1,186|46,870|
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|21.|Analysis|of net ass|ets between funds||||
|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total Funds|
|||||Funds|Funds|2021|
|||||E||E|
||Tangible|fixed assets||11,414|22,029|33,443|
||Current|assets||518,066|71,085|589,151|
||Net assets|||529,480|93,114|622,594|
|||||Unrestricted|Restricted|Total Funds|
|||||Funds|Funds|2020|
|||||E|E|E|
||Tangible|fixed assets||12,800|15,233|28,033|
||Current|assets||384,739|31,637|416,376|
||Net assets|||397,539|46,870|444,409|
|22.|Analysis|ofchanges|In net debt||||
|||||||At|
|||||At 1 Feb 2020|Cash flows|31Jan 2021|
|||||E|E|E|
||Cash at|bank and in|hand|521,572|284,473|806,045|
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