2022-01-31-accounts - Exeter City Community Trust

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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)							18
Statement	offinancia!	position
Statement	ofcash flows						20
Notes to the financial		statements					21

Registered	Registered	charity	name	name	Exeter City Community	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					J A Hodgkins
					J Tagg
					A I Richards
					M L Davey
					B H Hayes			(Resigned 14September 2021)
					D G Kirk
					PJ Goodes
					R Morshead
					EA Davis
					RW Marsh
Company		secretary			R Knight
Auditor					Elliott Bunker Ltd
					Chartered	accountants	8 statutory	auditor
					61 Macrae	Road
					Ham Green
					Bristol
					BS20ODD
Chief executive officer					J Vittles

Year ended 31	Janua	ry 2022
					2022		2021
				Unrestricted	Restricted
				funds	funds	Total funds	Total funds
			Note	6	F	6
Income and endowments
Donations and legacies			5	351,482	570,714	922,196	567,709
Charitable activities			6	647,680	73,392	721,072	548,290
Other trading activities			7	10,078		10,078
Investment income			8	2097		2,097	2,130
Total income				1,011,337	644,106	1,655,443	1,118,129
Expenditure
Expenditure on charitable		activities	9	755,577	652,184	1,407,761	939,944
Total expenditure				755,577	652,184	1,407,761	939,944
Net income				255,760	(8,078)	247,682	178,185
Transfers between	funds			(9,920)	9,920
Net movement in	funds			245,840	1,842	247,682	178,185
Reconciliation of	funds
Total funds brought	forward			529,480	93,114	622,594	444,409
Total funds carried forward				775,320	94,956	870,276	622,594

					2022	2021
				Note	E
Fixed assets
Tangible fixed assets				15	22,376	33,443
Current assets
Debtors				16	198,243	174,126
Cash at bank and	in	hand			1,174,513	806,045
					1,372,756	980,171
Creditors: amounts		falling	due within one year	17	524,856	391,020
Net current assets					847,900	589,151
Total assets less	current		liabilities		870,276	622,594
Net assets					870,276	622,594
Funds ofthe charity
Restricted funds					94,956	93,114
Unrestricted funds					775,320	529,480
Total charity funds				20	870,276	622,594

				2022	2021
				6	6
Cash flows from operating		activities
Net income				247,682	178,185
Adjustments for:
Depreciation oftangible fixed		assets		13,535	10,149
Other interest receivable and		similar income		(2,097)	(2,130)
Accrued expenses/(income)				8,025	(3,718)
Changesin:
Trade and other	debtors			(24,117)	(31,722)
Trade and other	creditors			125,811	147,138
Cash generated	from operations			368,839	297,902
Interest received				2,097	2,130
Net cash from operating activities				370,936	300,032
Cash flows from investing		activities
Purchase oftangible assets				(2,468)	(15,559)
Net cash used in	investing activities			(2,468)	(15,559)
Net increase in	cash and cash equivalents			368,468	284,473
Cash and cash	equivalents	at beginning	ofyear	806,045	521,572
Cash and cash	equivalents	at end ofyear		1,174,513	806,045

Depreciation Depreciation is calculated so he useful economic life ofthat	as to write off the cost asset as follows:	or v
Plant and machinery	25%straight	line
Fixtures and fittings	25%straight	line
Motor vehicles	25% straight	line
Equipment	15%straight	line

Donations and le	gacies
		Unrestricted	Restricted	Total Funds
		Funds	Funds	2022
		8	6	F
Grants
EFLTrust: Core funding		35,000		35,000
Education		500		500
Sports participation		10,800	71,442	82,242
Social inclusion		59,824	233,184	293,008
Health and wellbeing		167,084	211,484	378,568
Covid-1 9grants -	ECC/JRS	42,985		42,985
Other		24,280	27,500	51,780
Sponsorship
Sponsorship		2,000	15,688	17,688
Other donations	and legacies
Donations		9,009	11,416	20,425
		351,482	570,714	922,196
		Unrestricted	Restricted	Total Funds
		Funds	Funds	2021
		6	F
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-19 grants -	ECC/JRS	175,370	24,309	199,679
Other		2,593		2,593

Ye	ar ended 3	1January	1January	1January	2022
5.	Donations	and legacies			(uourinuerS
							Unrestricted	Restricted	Total Funds
							Funds f	Funds f	2021
	Sponsorship
	Sponsorship
	Other donations			and legacies
	Donations						17,404	950	18,354
							255,938	311,771	567,709
6.	Charitable	activities
							Unrestricted	Restricted	Total Funds
							Funds F	Funds f	2022 f
	Education						149,841		149,841
	Sports participation						161,868	22,997	184,865
	Social inclusion						225,746	48,973	274,719
	Health and	wellbeing					98,436	1,422	99,858
	Other income						11,789		11,789
							647,680	73,392	721,072
							Unrestricted	Restricted	Total Funds
							Funds f	Funds	2021 f
	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
7.	Other trading		activities
						Unrestricted	Total Funds	Unrestricted	Total Funds
						Funds	2022 F	Funds F	2021 f
	Fundraising	events				10,078	10,078
8.	Investment	income
						Unrestricted	Total Funds	Unrestricted	Total Funds
						Funds f	2022 f	Funds F	2021 f
	Bank interest receivable					2,097	2,097	2,130	2,130

	Unrestricted	Restricted	Total Fund s
	Funds	Funds	2022
	6	6	6
Education	38,194	1,308	39,502
Sports participation	185,004	85,736	270,740
Social inclusion	167,028	229,796	396,824
Health and wellbeing	151,896	180,517	332,413
Other	21,660		21,660
Support costs	191,795	154,827	346,622
	755,577	652,184	1,407,761
	Unrestricted	Restricted	Total Funds
	Funds F	Funds 6	2021 f
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

10.	Analysis ofsupport	c	osts
							2022	2021
								F
	Administrative salaries		including	employer's		Nl	99,993	112,080
	Staff pensions						14,962	11,484
	Staff training and conferences						2,876	1,615
	DBSchecks						1,798	390
	Motor and travel expenses						9,575	10,306
	Advertising and promotion						89,935	62,718
	Telephone and internet						6,075	4,301
	Computer support and		website				3,123	2,677
	Printing, stationery and		postage				1,435	1,501
	Heat and light						3,872	4,085
	Repairs and maintenance						33,568	3,512
	Cleaning						2,360	1,450
	Fundraising expenses						1,200	59
	Management accounts		&bookkeeping				39,671	28,960
	Bank charges						4,549	1,845
	Bad debts							3,166
	Sundries						5,460	1,729
	Depreciation						4,274	4, 570
	Grants and donations	paid						3,462
	Legal, consultancy and		professional		fees		10,426	6,030
							335,152	265,940
	Governance costs
	Trustees' insurance						2,770	2,618
	Legalfees						1,200	420
	Audit fee						7,500	4,460
							346,622	273,438
	Net income
	Net income is stated after charging/(crediting):
							2022 F	2021 f
	Depreciation oftangible		fixed assets				13,535	10,149
12.	Auditors remuneration
							2022	2021
							F	f
	Fees payable for the audit ofthe			financial statements			5,500	4,460

Staff costs
The total staff costs	and	employee		benefits	for the reporting	period are	analysed as follows:
							2022	2021
							6	6
Wages and salaries	(including		employer's		Nl)		884,993	711,928
Employer contributions		to pension		plans			14,962	11,484
							899,955	723,412

The average	head	count	employees	during	the year	was 66 (2021: 68). The	average	number	of
full-time equivalent		employees	during the	year is	analysed	as follows:
						2022		2021
						No.		No.
Administration	staff						4		4
Coaching staff							62		64
							66		68

Tangible fixed a	sset	s
		Freehold	Plant and	Fixtures and	Motor
		property F	machinery E	fittings F	vehicles f	Equipment 8	Total 6
Cost
At 1 Feb 2021			38,131	45,176	1,845	10,644	95,797
Additions			1,713			755	2,468
At 31Jan 2022			39,844	45,176	1,845	11,399	98,265
Depreciation
At 1 Feb 2021			31,903	18,965	1,845	9,641	62,354
Charge for the year			3,775	9,507		253	13,535
At 31Jan 2022			35,678	28,472	1,845	9,894	75,889
Carrying amount
At 31Jan 2022			4,166	16,704		1,505	22,376
At 31Jan 2021			6,228	26,211		1,003	33,443
Debtors
						2022	2021
							8
Trade debtors						153,396	110,116
Prepayments and	accrued income					44,847	64,010
						198,243	174,126
Creditors: amounts		falling due within one year
						2022	2021
						F	f
Trade creditors						38,154	4,723
Accruals and deferred		income				373,056	309,682
Other creditors						113,646	76,615
						524,856	391,020
Deferred income
						2022	2021
						6
At 1 February 2021						299,406	142,508
Amount released	to income					(299,406)	(142,508)
Amount deferred	in year					354,755	299,406
At 31January 2022						354,755	299,406

Trade creditors
Accruals and deferred	income
Other creditors

At 1 February 2021
Amount released to income
Amount deferred in year
At 31January 2022

year-end but rela end as follows:	ting to co	urses and coaching sessions o	r related expenditure taking place a	fter the year
			2022	2021
			6
Running events			40,392	39,126
National Citizen	Service		56,400
Premier League	Kicks		3,837	23,334
Premier League	Primary Stars		12,675	40,834
Supported Housing			86,682
Disability			2,000	13,211
Exeter City Women			13,852	11,225
Other education	programmes		10,758	44,091
Other sports participation			24,140
Other social inclusion			15,000	15,000
Other health and	wellbeing	projects	79,998	93,021
Miscellaneous			9,021	19,564
			354,755	299,406

Unrestri	cted funds
								At
		At	1	Feb 2021	Income	Expenditure	Transfers	31Jan 2022
				E	E		E	F
General	funds			529,480	1,011,337	(755,577)	(9,920)	775,320
								At
		At	1	Feb 2020	Income	Expenditure	Transfers	31 Jan 2021
				E	6		F	E
General	funds			397,539	766,920	(634,979)		529,480

Restricted funds
						At
		At 1 Feb 2021	Income F	Expendituref	Transfers	31Jan 2022 6
PL Primary Stars		11,660	68,467	(68,013)		12,114
PL Kicks		13,639	39,496	(40,950)		12,185
Disability Football/Sport		14,995	20,761	(10,103)		25,653
Ability Counts		(1,772)	450	(5,476)		(6,798)
C Fraser Memorial	Fund	2,179				2,179
Traineeships/CoLab		5,225	12,875	(16,104)		1,996
Clare Milne Trust		3,800		(2,000)		1,800
Junior Grecians		9,396	14,068	(12,444)		11,020
Sporting Memories		(133)	975	(1,583)		(741)
PFA - Futsal laptops		357		(357)
Covenant fund		(1,597)	18,000	(13,373)		3,030
Infrastructure grant		2,690				2,690
Exeter City Women		12,304	37,832	(29,788)		20,348
Wellbeing Exeter		1,331	100,977	(100,303)		2,005
PL Fans Fund		5,647				5,647
Tackling Loneliness
Together		1,498	22,304	(27,269)	3,467
Creating Connections		11,895	63,737	(75,655)	6,453	6,430
Fit Fans			7,889	(10,651)		(2,762)
Supported Housing			206,942	(210,615)		(3,673)
Grecian Centre
refurbishment			27,500	(27,500)
Terry O' Neill Fund			1,833			1,833
		93,114	644,106	(652,184)	9,920	94,956
						At
		At 1 Feb 2020	income	Expenditure	Transfers	31 Jan 2021
			6	F
PL Primary Stars		(5,500)	85,497	(68,337)		11,660
PL Kicks		2,387	50,484	(39,232)		13,639
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
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

Analysis	ofcharitable	(conrinuerr)
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
Fit Fans
Supported	Housing
Grecian Centre
refurbishment
Terry O' Neill Fund
		46,870	351,209	(304,965)	93,114

21.	Analysis	of net a	ss	ets between funds
					Unrestricted	Restncted	Total Funds
					Funds	Funds	2022
					5	E	6
	Tangible	fixed assets			10,713	11,663	22,376
	Current	assets			764,607	83,293	847,900
	Net assets				775,320	94,956	870,276
					Unrestricted	Restricted	Total Funds
					Funds	Funds	2021
						6	5
	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
22.	Analysis	ofchanges		in net debt
							At
					At 1 Feb 2021 F	Cash flows 5	31Jan 2022 f
	Cash at	bank and	in	hand	806,045	368,468	1,174,513
23.	Related	parties