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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|
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|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||||
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|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|
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||||||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|
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|||||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|
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|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|
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|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|
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|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|
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||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|
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|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|
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|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|of|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|
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|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|
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|Trade creditors||
|---|---|
|Accruals and deferred|income|
|Other creditors||
##
|At 1 February 2021|
|---|
|Amount
released to income|
|Amount
deferred
in year|
|At 31January 2022|
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|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|
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|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|
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|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|
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|20.|Analysis|ofcharitable|funds|(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|
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|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||||||