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||||||||Page|
|---|---|---|---|---|---|---|---|
|Trustees'
annual
report (incorporating||||the|directors'|report)||
|Independent|auditor's|report to|the members||||15|
|Statement|offinancial|activities|(including||income and|||
|expenditure|account)||||||21|
|Statement|offinancial|position|||||22|
|Statement|ofcash flows||||||23|
|Notes to the financial||statements|||||24|
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|Reference||and administrative|and administrative|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|||||J A Hodgkins|||(Resigned|20 September 2022)|
||||||J Tagg|||||
||||||A
I Richards|||(Resigned|20 September 2022)|
||||||M L Davey|||||
||||||D G Kirk|||||
||||||PJ Goodes|||||
||||||R Morshead|||||
||||||EA Davis|||(Resigned|20 September 2022)|
||||||RW Marsh|||||
||||||C Newbery-Jones|||(Appointed|20 September 2022)|
||||||STruran|||(Appointed|8 December 2022)|
|Company||secretary|||R Knight|||||
|Auditor|||||Elliott Bunker Ltd|||||
||||||Chartered|accountants|&statutory|auditor||
||||||61 Macrae|Road||||
||||||Ham Green|||||
||||||Bristol|||||
||||||BS20ODD|||||
|Chief executive officer|||||J Vittles|||||
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|Year ended 31 Janua|ry
2023||||||
|---|---|---|---|---|---|---|
|||||2023||2022|
||||Unrestricted|Restricted|||
|||Note|funds
f|funds
F|Total funds
6|Total funds
f|
|Income and endowments
Donations
and legacies
Charitable
activities
Other trading
activities
Investment
income||5
6
7
8|487,081
538,593
18,395
2,949|685,413
400,421|1,172,494
939,014
18,395
2,949|922,196
721,072
10,078
2,097|
|Total income|||1,047,018|1,085,834|2,132,852|1,655,443|
|Expenditure
Expenditure
on charitable|activities|9|849,188|870,691|1,719,879|1,407,761|
|Total expenditure|||849,188|870,691|1,719,879|1,407,761|
|Net income|||197,830|215,143|412,973|247,682|
|Transfers
between funds|||(7,008)|7,008|||
|Net movement
in funds|||190,822|222,151|412,973|247,682|
|Reconciliation
offunds
Total funds brought
forward|||775,320|94,956|870,276|622 594|
|Total funds carried forward|||966,142|317,107|1,283,249|870,276|
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|31January 2023||||||
|---|---|---|---|---|---|
||||Note|2023
f|2022
f|
|Fixed assets||||||
|Tangible iixed assets|||16|17,957|22,376|
|Current assets||||||
|Debtors|||17|463,041|198,243|
|Cash at bank and in|hand|||1,232,217|1,174,513|
|||||1,695,258|1,372,756|
|Creditors: amounts|falling|due within one year|18|429,966|524,856|
|Net current assets||||1,265,292|847,900|
|Total assets less current||liabilities||1,283,249|870,276|
|Net assets||||1,283,249|870,276|
|Funds ofthe charity||||||
|Restricted
funds||||317,107|94,956|
|Unrestricted
funds||||966,142|775,320|
|Total charity funds|||21|1,283,249|870,276|
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|Year ended 31 January|2023||||
|---|---|---|---|---|
||||2023
E|2022
f|
|Cash flows from operating|activities||||
|Net income|||412,973|247,682|
|Adjustments
for:|||||
|Depreciation
oftangible
fixed|assets||12,362|13,535|
|Other interest receivable
and|similar income||(2,949)|(2,097)|
|Accrued expenses|||5,177|8,025|
|Chengesinr|||||
|Trade and other debtors|||(264,798)|(24,117)|
|Trade and other creditors|||(100,067)|125,811|
|Cash generated
from operations|||62,698|368,839|
|interest received|||2,949|2,097|
|Net cash from operating
activities|||65,647|370,936|
|Cash flows from investing|activities||||
|Purchase oftangible assets|||(7,943)|(2,468)|
|Net cash used
in investing
activities|||(7,943)|(2,468)|
|Net increase
in cash and cash equivalents|||57,704|368,468|
|Cash and cash equivalents|at beginning|ofyear|1,174,513|806,045|
|Cash and cash equivalents|at end ofyear||1,232,217|1,174,513|
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|Donations
and le|gacies|||||
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Funds|
|||Funds
F|Funds
E||2023
f|
|Grants||||||
|EFLTrust: Core funding||35,000|||35,000|
|Education||8,000|||8,000|
|Sports participation||20,328|72,590||92,918|
|Social inclusion||285,356|365,353|650,709||
|Health and wellbeing||100,707|196,016|296,723||
|Covid-19 grants -
Other|ECC/JRS|12,097|8,000||20,097|
|Sponsorship
Sponsorship||13,500|35,663||49,163|
|Other donations
Donations|and legacies|12,093|7,791||19,884|
|||487,081|685,413|1,172,494||
|||Unrestricted|Restricted|Total Funds||
|||Funds|Funds
E||2022
f|
|Grants||||||
|EFLTrust: Core funding||35,000|||35,000|
|Education||500|||500|
|Spoils parli(;ipaiiuii
Social inclusion||10,000
59,824|71,442
233,184|82,242
293,008||
|Health and wellbeing||167,084|211,484|378,568||
|Covid-19 grants -|ECC/JRS|42,985|||42,985|
|Other||24,280|27,500||51,780|
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|5.|Donations|and|le|gacies
(cont(nudrr)|||||
|---|---|---|---|---|---|---|---|---|
|||||||Unrestricted|Restricted|Total Funds|
|||||||Funds|Funds|2022|
|||||||f|F||
||Sponsorship
Sponsorship|||||2,000|15,688|17,688|
||Other donations
Donations|||and legacies||9,009|11,416|20,425|
|||||||351,482|570,714|922,196|
|6.|Charitable|activities|||||||
|||||||Unrestricted|Restricted|Total Funds|
|||||||Funds
f|Funds
f|2023|
||Education|||||159,445||159,445|
||Sports participation
Social inclusion|||||310,559
(954)|54,580
345,670|365,139
344,716|
||Health and|wellbeing||||59,171|171|59,342|
||Other income|||||10,372||10,372|
|||||||538,593|400,421|939,014|
|||||||Unrestricted|Restricted|Total Funds|
|||||||Funds|Funds|2022|
|||||||f|F||
||Education|||||149,841||149,841|
||Sports participation
Social inclusion|||||161,868
225,746|22,997
48,973|184,865
274,719|
||Health and|wellbeing||||98,436|1,422|99,858|
||Other income|||||11,789||11,789|
|||||||647,680|73,392|721,072|
|7.|Other trading||activities||||||
||||||Unrestricted|Total Funds|Unrestricted|Total Funds|
||||||Funds
f|2023
f.|Funds
f|2022
f|
||Fundraising|events|||18,395|18,395|10,078|10,078|
|8.|Investment|income|||||||
##
||||Unrestricted|Total|Funds|Unrestricted|Total|Funds|
|---|---|---|---|---|---|---|---|---|
||||Funds
f||2023
f|Funds
F||2022|
|Bank|interest|receivable|2,949||2,949|2,097||2,097|
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|Expenditure
on charitable
activities|by fund type|||
|---|---|---|---|
||Unrestricted|Restricted|Total Funds|
||Funds
E|Funds
f|2023
6|
|Education|49,134||49,134|
|Sports participation|233,131|118,056|351,187|
|Social inclusion|172,302|408,077|580,379|
|Health
and wellbeing|146,130|135,690|281,820|
|Other||||
|Grant paid|50,000||50,000|
|Support costs|198,491|208,868|407,359|
||849,188|870,691|1,719,879|
||Unrestricted|Restricted|Total Funds|
||Funds|Funds|2022|
||F|E||
|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|
|Grant paid||||
|Support costs|191,795|154,827|346,622|
||755,577|652,184|1,407,761|
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|||||||||2023|2022|
|---|---|---|---|---|---|---|---|---|---|
|||||||||6|F|
||Administrative
salaries|||including|employers||Nl|92,705|99,993|
||Staff pensions|||||||18,497|14,962|
||Staff training|and conferences||||||2,374|2,876|
||DBSchecks|||||||850|1,798|
||Motor and travel expenses|||||||34,177|9,575|
||Advertising|and promotion||||||85,914|89,935|
||Telephone
and internet|||||||3,310|6,075|
||Computer
support||and|website||||3,250|3,123|
||Printing,
stationery||and|postage||||2,261|1,435|
||Heat and light|||||||7,349|3,872|
||Rates and water|||||||136||
||Insurance|||||||1,711||
||Repairs and|maintenance||||||16,704|33,568|
||Cleaning|||||||3,125|2,360|
||Fundraising|expenses||||||10,463|1,200|
||Management|accounts||8 bookkeeping||||67,318|39,671|
||Bank charges|||||||5,254|4,549|
||Sundries|||||||18,398|5,460|
||Depreciation|||||||4,424|4,274|
||Legal, consultancy||and|professional||fees||20,303|10,426|
|||||||||398,523|335,152|
||Governance|costs||||||||
||Trustees'
insurance||||||||2,770|
||Legal fees|||||||3,106|1,200|
||Audit fee|||||||5,730|7,500|
|||||||||407,359|346,622|
||Analysis
of|grants||||||||
|||||||||2023
6|2022
f|
||Grants to institutions|||||||||
||The Exeter Foundation|||||||50,000||
||Total grants|||||||50,000||
|12.|Net income|||||||||
||Net income|is stated after charging/(crediting):||||||||
|||||||||2023|2022|
||||||||||E|
||Depreciation|oftangible||fixed assets||||12,362|13,535|
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||||||||2023|2022|
|---|---|---|---|---|---|---|---|---|
||||||||F||
|Fees payable|for the audit of||the financial||statements||5,730|5,500|
|Staff costs|||||||||
|The total staff|costs and|employee||benefits|for the reporting|period|are analysed as|follows;|
||||||||2023
F|2022
f|
|Wages and salaries (including|||employer's||Nl)||1,129,776|884,993|
|Employer contributions||to pension||plans|||18,497|14,962|
||||||||1,148,273|899,955|
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||||Freehold|Plant and|Computer|Motor|||
|---|---|---|---|---|---|---|---|---|
||||property|machinery|equipment|vehicles|Equipment|Total|
|||||E|E||E|E|
|Cost|||||||||
|At 1 Feb 2022||||39,844|45,176|1,845|11,399|98,265|
|Additions||||4,164|2,911||868|7,943|
|At 31Jan 2023||||44,008|48,087|1,845|12,267|106,208|
|Depreciation|||||||||
|At 1 Feb 2022||||35,678|28,472|1,845|9,894|75,889|
|Charge for the|||||||||
|year||||2,282|9,549||531|12,362|
|At 31Jan 2023||||37,960|38,021|1,845|10,425|88,251|
|Carrying
amount|||||||||
|At 31Jan 2023|||1|6,048|10,066||1,842|17,957|
|At 31Jan 2022|||1|4,166|16,704||1,505|22,376|
|Debtors|||||||||
||||||||2023|2022|
||||||||E|E|
|Trade debtors|||||||385,820|153,396|
|Prepayments|and|accrued income|||||70,940|44,847|
|Other debtors|||||||6,281||
||||||||463,041|198,243|
|Creditors: amounts|||falling due within one||year||||
||||||||2023|2022|
||||||||E|E|
|Trade creditors|||||||28,686|38,154|
|Accruals and deferred|||income||||248,528|373,056|
|Social security|and other taxes||||||40,430||
|Other creditors|||||||112,322|113,646|
||||||||429,966|524,856|
|Deferred income|||||||||
||||||||2023|2022|
|||||||||f'|
|At 1 February|2022||||||354,755|299,406|
|Amount released||to income|||||(354,755)|(299,406)|
|Amount
deferred||in year|||||225,050|354,755|
|At 31January|2023||||||225,050|354,755|
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||||2023
f.|2022
f|
|---|---|---|---|---|
|Running
events|||31,260|40,392|
|National
Citizen|Service|||56,400|
|Premier League|Kicks||2,917|3,837|
|Premier League|Primary Stars||10,946|12,675|
|Supported
Housing|||38,069|86,682|
|Disability|||1,863|2,000|
|Exeter City Women|||21,975|13,852|
|Other education|programmes||10,500|10,758|
|Other sports participation|||32,269|24,140|
|Other social inclusion||||15,000|
|Other health and|wellbeing|projects|67,753|79,998|
|Miscellaneous|||7,498|9,021|
||||225,050|354,755|
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|Unrestri|cted
funds|||||||
|---|---|---|---|---|---|---|---|
||||At||||At|
|||1|Feb 2022|Income
F|Expenditure
f|Transfers|31Jan 2023
F|
|General|funds||775,320|1,047,018|(849,188)|(7,008)|966,142|
||||At||||At|
|||1|Feb 2021
f|Income
f|Expenditure|Transfers
f|31 Jan 2022|
|General|funds||529,480|1,011,337|(755,577)|(9,920)|775,320|
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|Restricted funds|||||||
|---|---|---|---|---|---|---|
|||At||||At|
|||1 Feb 2022|Income|Expenditure|Transfers|31Jan 2023|
||||6||F||
|PL Primary Stars||12,114|74,659|(64,472)||22,301|
|PL Kicks||12,185|37.212|(37,981)||11,416|
|Disability
Football/Sport||25,653|20,009|(38,247)||7,415|
|Ability Counts||(6,798)|7,915|(4,802)||(3,685)|
|C Fraser Memorial|Fund|2,179||(357)||1,822|
|Traineeships/CoLab||1,996||||1,996|
|Clare Milne Trust||1,800||||1,800|
|Junior Grecians||11,020|20,577|(18,988)|2,963|15,572|
|Sporting
Memories||(741)|555|(2,091)||(2,277)|
|PFA —Futsal laptops|||||||
|Covenant
fund||3,030||||3,030|
|Infrastructure
grant||2,690|8,000|(12,231)|1,541||
|Exeter City Women||20,348|68,996|(55,179)|2,504|36,669|
|Wellbeing
Exeter||2,005|107,585|(106,779)||2,811|
|PL Fans Fund||5,647||(654)||4,993|
|Tackling
I oneliness|||||||
|Together|||10,000|(6,907)||3,093|
|Creating Connections||6,430|500|(6,038)||892|
|Fit Fans||(2,762)|78,602|(51,791)||24,049|
|Supported
Housing||(3,673)|651,224|(464,102)||183,449|
|Grecian Centre|||||||
|refurbishment|||||||
|Terry O' Neill Fund||1,833||(72)||1,761|
|||94,956|1,085,834|(870,691)|7,008|317,107|
|||At||||At|
|||1 Feb 2021|Income|Expenditure|Transfers|31Jan 2022|
|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)|||
|Covenantfund||(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|
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|Analysis|ofcharitable
fu|nds
(cccrincerr)|||||
|---|---|---|---|---|---|---|
|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|
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