##
##
##
##
|Reference|and adm|inistrative
de|inistrative
de|tails|tails|tails|tails|||
|---|---|---|---|---|---|---|---|---|---|
|Registered|charity|name||Swindon
Town FC Community||||Foundation||
|Charity registration||number||1121820||||||
|Company|registration||number|06366200||||||
|Principal office and||registered||Foundation|Park|||||
|office||||County Ground||Lane||||
|||||Swindon||||||
|||||Wiltshire||||||
|||||SN1 2FD||||||
|||||UK||||||
|The trustees||||||||||
|||||J M Spearman||||||
|||||KSFraser||||||
|||||C Brown||||||
|||||M RCook||||||
|||||W Craig||||||
|||||M Gow||||||
|||||A Wilkins||||||
|Auditor||||Elliott Bunker Ltd||||||
|||||Chartered|accountants||&statutory||auditor|
|||||61 Macrae|Road|||||
|||||Ham Green||||||
|||||Bristol||||||
|||||BS20ODD||||||
|Bankers||||Bank ofScotland||Pic||||
|||||The Co-operative||Bank|Pic|||
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|Year ended 31 Dece|mber|2020||||||
|---|---|---|---|---|---|---|---|
||||||2020||2019|
|||||Unrestricted|Restricted|||
|||||funds|funds|Total funds|Total funds|
||||Note|K||||
|Income and endowments||||||||
|Donations
and legacies||||348,297|201,103|549,400|2246099|
|Charitable
activities||||369,717||369,717|648,661|
|Other trading
activities||||85,168||85,168|26,657|
|Investment
income||||974||974|1,779|
|Other income||||6,758||6,758||
|Total income||||810,914|201,103|1,012,017|2,923,196|
|Expenditure||||||||
|Expenditure
on charitable|activities||10|461,333|271,433|732,766|699,497|
|Total expenditure||||461,333|271,433|732,766|699,497|
|Net income and net movement||in funds||349,581|(70,330)|279,251|2,223,699|
|Reconciliation
offunds||||||||
|Total funds brought forward||||844,011|2,041,498|2,885,509|661,810|
|Total funds carried forward||||1,193,592|1,971,168|3,164,760|2,885,509|
##
##
##
##
||||||2020|2019|
|---|---|---|---|---|---|---|
|||||Note|k|E|
|Fixed assets|||||||
|Tangible fixed assets||||16|2,537,735|2,521,607|
|Current assets|||||||
|Debtors||||17|178,317|146,133|
|Cash at bank and|in|hand|||695,794|422,327|
||||||874,111|568,460|
|Creditors: amounts||falling|due within one year|18|247,086|204,558|
|Net current assets|||||627,025|363,902|
|Total assets less|current||liabilities||3,164,760|2,885,509|
|Net assets|||||3,164,760|2,885,509|
|Funds ofthe charity|||||||
|Restricted funds|||||1,971,168|2,041,498|
|Unrestricted
funds|||||1,193,592|844,011|
|Total charity funds||||21|3,164,760|2,885,509|
##
##
##
##
|||2020|2019|
|---|---|---|---|
|Cash flows from operating
activities|||r.|
|Net income||279,251|2,223,699|
|Adjustments
for:||||
|Depreciation
oftangible fixed assets
Other interest receivable
and similar income
Gains on disposal oftangible fixed assets||128,405
(974)
(6,758)|4,560
(1,779)|
|Changesin:||||
|Trade and other debtors
Trade and other creditors||(32,184)
42,528|(43,781)
35,027|
|Cash generated
from operations||410,268|2,217,726|
|Interest received||974|1,779|
|Net cash from operating
activities||411,242|2,219,505|
|Cash flows from investing
activities||||
|Purchase oftangible assets
Proceeds from sale oftangible assets||(147,376)
9,600|(2,400,010)|
|Net cash used
in investing
activities||(137,776)|(2,400,010)|
|Net increase/(decrease)
in cash and cash
Cash and cash equivalents
at beginning|equivalents
ofyear|273,466
422,327|(180,505)
602,832|
|Cash and cash equivalents
at end ofyear||695,793|422,327|
##
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##
##
|wound
up,
Donations|the liability
in respe
and legacies|ct ofthe guarantee
is li|mited to K10.|||
|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total Funds|
||||Funds|Funds|2020|
||||6|E|E|
|Donations||||||
|Nationwide|Building Society||300||300|
|Other donations|||16,786||16,786|
|D N Eady|Will Trust (including|tax recoverable)|103,636||103,636|
##
##
##
##
##
##
||||||Unrestricted|Restricted|Total Funds|
|---|---|---|---|---|---|---|---|
||||||Funds|Funds|2020|
||||||E|5|6|
|Grants||||||||
|EFLTrust - Core Funding
EFLTrust - Infrastructure|grant||||35,000||35,000|
|PL - Primary Stars
PL - Girls Development||||||43,333|43,333|
|PL - Kicks
PL - Fans Zone
Sport England
Emergency|Response|||||27,083
6,120
8,500|27,083
6,120
8,500|
|Disability - Wembley
National||Stadium Trust||||||
|Sport England
Walking
Football League
Swindon
Borough Council - Community|||Intiatives|Fund|23,750|9,942|9,942
23,750|
|Swindon
Borough Council|- Football Fans in Training|||||45,000|45,000|
|Swindon
Borough Council
PFA|- Onside Project||||3,745|4,077|3,745
4,077|
|Funding
for Foundation
Park||facility||||||
|Coronavirus
Government|Grants||||118,793||118,793|
|National
Lottery Community||Fund||||45,985|45,985|
|Swindon
Borough Council|- SOS||||2,400||2,400|
|Grants - other|||||7,660|11,063|18,723|
|Sponsorship||||||||
|Intel Corporation|||||14,747||14,747|
|Embassy - Social Inclusion|||||5,000||5,000|
|Foundation
Park|||||3,980||3,980|
|David Coe - Minibus|||||12,500||12,500|
||||||348,297|201,103|549,400|
||||||Unrestricted|Restricted|Total Funds|
||||||Funds|Funds
f|2019
F|
|Donations||||||||
|Nationwide
Building Society|||||800||800|
|Other donations|||||4,350||4,350|
|D N Eady Will Trust (including||tax recoverable)||||||
##
##
##
##
##
##
|Donations
and legacies|(continued)||||||
|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total Funds|
|||||Funds
f|Funds
f|2019
f|
|Grants|||||||
|EFLTrust - Core Funding
EFLTrust
—Infrastructure
PL - Primary Stars
PL - Girls Development
PL - Kicks
PL - Fans Zone
Sport England
Emergency|grant
Response|||35,000|8,000
36,667
10,667
6,250
9,180|35,000
8,000
36,667
10,667
6,250
9,180|
|Disability - Wembley
National
Stadium Trust
Sport England
Walking
Football League|||||16,200|16,200|
|Swindon
Borough Council - Community
intiatives
Fund
Swindon
Borough Council - Football Fans in Training
Swindon
Borough Council - Onside Project
PFA
Funding
for Foundation
Park facility
Coronavirus
Government
Grants||||35,000|45,000
5,338
4,398
2,008,239|35,000
45,000
5,338
4,398
2,008,239|
|National
Lottery Community
Fund|||||||
|Swindon
Borough Council|- SOS||||||
|Grants - other||||2,630||2,630|
|Sponsorship|||||||
|Intel Corporation||||11,500|1,900|13,400|
|Embassy - Social Inclusion|||||||
|Foundation
Park||||4,980||4,980|
|David Coe - Minibus|||||||
|||||94,260|2,151,839|2,246,099|
##
##
##
##
##
||||Unrestricted|Restricted|Total Funds|
|---|---|---|---|---|---|
||||Funds|Funds|2020|
||||E|E|E|
|Football Education|Programme||107,760||107,760|
|Holiday courses|||42,518||42,518|
|After school clubs|||35,534||35,534|
|Saturday Team Club|||13,330||13,330|
|In School Coaching
Soccer Centres|||26,120
95,306||26,120
95,306|
|Tournaments|||300||300|
|Tiny tots, mini soccer and birthday||parties|10,190||10,190|
|Disability
Football|||7,899||7,899|
|Extra Time|||5,304||5,304|
|Overseas tournaments||||||
|Girls Development|||20,678||20,678|
|Kit sales|||480||480|
|Junior Reds|||1,649||1,649|
|Football Fans In Training|||505||505|
|Other income|||2,144||2,144|
||||369,717||369,717|
||||Unrestricted|Restricted|Total Funds|
||||Funds
f|Funds
E|2019|
|Football Education|Programme||110,390||110,390|
|Holiday courses|||104,721||104,721|
|After school clubs|||91,318||91,318|
|Saturday Team Club|||23,710||23,710|
|In School Coaching|||30,573||30,573|
|Soccer Centres|||130,765||130,765|
|Tournaments|||8,475|5,030|13,505|
|Tiny tots, mini soccer and birthday||parties|20,050||20,050|
|Disability
Football|||11,499||11,499|
|Extra Time|||8,956||8,956|
|Overseas tournaments||||36,137|36,137|
|Girls Development|||47,716||47,716|
|Kit sales|||10,015||10,015|
|Junior Reds|||3,726||3,726|
|Football Fans In Training|||2,930||2,930|
|Other income|||2,650||2,650|
||||607,494|41,167|648,661|
##
##
##
##
|Ye|ar ended 31 December|ar ended 31 December|ar ended 31 December|2020|||||
|---|---|---|---|---|---|---|---|---|
|7.|Other trading activities||||||||
||||||Unrestricted|Total Funds|Unrestricted|Total Funds|
||||||Funds|2020|Funds|2019|
||||||||E|F|
||Foundation
Foundation|Park
Park|bookings
cafe rental||45,103
2,992|45,103
2,992|25,857
800|25,857
800|
||Foundation|Park|Swindon|Harriers|||||
||Contribution||||3,758|3,758|||
||Swindon
Harriers
Face Covers and||Grass pitch
Snoods||2,575
30,629|2,575
30,629|||
||Other income||||111|111|||
||||||85,168|85,168|26,657|26,657|
|8.|Investment|income|||||||
||||||Unrestricted|Total Funds|Unrestricted|Total Funds|
||||||Funds|2020|Funds|2019|
||||||E|||6|
||Bank interest|receivable|||974|974|1,779|1,779|
|9.|Other income||||||||
||||||Unrestricted|Total Funds|Unrestricted|Total Funds|
||||||Funds|2020|Funds|2019|
||||||6||F|E|
||Gain on disposal||oftangible|fixed assets|||||
||held for charity's||own use||6,758|6,758|||
##
##
##
##
##
##
##
|Expenditure
on ch|aritable
activities by fund typ|e|||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total Funds|
|||Funds|Funds|2020|
|||E|k|8|
|Salaries and wages
Coaches and referees
CRBchecks||272,578
1,009
265|130,027|402,605
1,009
265|
|Staff training||(564)|1,150|586|
|Travelling
Coach hire||6,269
550||6,269
550|
|Kit and equipment||24,942|15,965|40,907|
|Prizes and goody bags||8,548||8,548|
|Catering
and hospitality
STFC Facilities, tickets and programmes||3,290
6,740||3,290
6,740|
|Venue hire||(19,010)|28,435|9,425|
|Extra time activities||479||479|
|Gothia Cup - travel|||||
|Barcelona Cup - travel|||||
|Football Education|Programme|151||151|
|Refunds||9,272||9,272|
|Girls Football||44||44|
|Junior Reds||561||561|
|Football Fans In Training||9,332||9,332|
|Zambia|||||
|Foundation
Park costs||19,670||19,670|
|Support costs||117,207|95,856|213,063|
|||461,333|271,433|732,766|
|||Unrestricted|Restricted|Total Funds|
|||Funds
f|Funds
F|2019
6|
|Salaries and wages||305,696|97,376|403,072|
|Coaches and referees||4,015|120|4,135|
|CRBchecks||2,603||2,603|
|Staff training||616|93|709|
|Travelling||13,616|626|14,242|
|Coach hire||530|3,720|4,250|
|Kit and equipment||18,259|11,090|29,349|
|Prizes and goody bags||13,111|308|13,419|
|Catering
and hospitality||5,258|23|5,281|
|STFC Facilities, tickets and programmes||22,508|60|22,568|
|Venue hire||30,862|2,317|33,179|
|Extra time activities||1,945||1,945|
|Gothia Cup - travel|||17,839|17,839|
|Barcelona Cup - travel|||21,874|21,874|
|Football Education|Programme|7,908||7,908|
|Refunds||7,333||7,333|
|Girls Football||200|60|260|
|Junior Reds||2,203||2,203|
|Football Fans In Training|||5,605|5,605|
##
##
##
##
|ended 3|1 December 2020||||
|---|---|---|---|---|
|Zambia||1,501|8,820|10,321|
|Foundation|Park costs|7,607||7,607|
|Support costs||78,172|5,623|83,795|
|||523,943|175,554|699,497|
##
##
##
|Analysis ofs|uppo|rt co|sts|||||
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|||
|||||Funds|Funds|Total 2020|Total 2019|
||||||s|r|6|
|Post and stationery||||1,159|1,312|2,471|1,901|
|Printing||||3,460||3,460|10,784|
|Computer
and website costs||||4,847|3,077|7,924|5,370|
|Light and heat||||7,377|3,280|10,657|1,831|
|Telephone||||3,424||3,424|4,629|
|Repairs and|maintenance|||637||637|1,685|
|Motor expenses||||5,956|2,099|8,055|5,339|
|Vehicle leasing||||3,052||3,052|3,172|
|Payroll costs||||449||449|459|
|Pension contributions||||15,153||15,153|15,184|
|Meetings
and|conferences|||394||394|667|
|Donations||||700||700|60|
|Subscriptions||||5,501||5,501|4,131|
|Sundries||||1,923||1,923|1,483|
|Bank and merchants
charges||||7,633||7,633|8,775|
|Depreciation|and loss on disposals|||42,831|85,574|128,405|4,560|
|Advertising||||1,702|514|2,216|5,312|
|||||106,198|95,856|202,054|75,342|
|Governance|costs|||||||
|Insurance||||1,336||1,336|784|
|Audit||||3,300||3,300|2,500|
|Accountancy||||6,373||6,373|5,169|
|||||117,207|95,856|213,063|83,795|
|Net income||||||||
|Net income is stated after charging/(crediting):||||||||
|||||||2020|2019|
|Depreciation|oftangible||fixed assets|||128,405|4,560|
|Gains on disp|osal|oftan|ible fixed assets|||(6,758)||
##
##
##
##
##
|||||||2020|2019
F|
|---|---|---|---|---|---|---|---|
||Fees payable for the audit ofthe financial|||statements||3,300|2,500|
|14.|Staffcosts|||||||
||The total staff costs and employee||benefits|for the reporting|period are analysed|as follows:||
|||||||2020|2019|
|||||||6||
||Wages and salaries|||||402,605|403,072|
||Employer
contributions|to pension|plans|||15,153|15,184|
|||||||417,758|418,256|
##
##
##
##
##
##
##
##
|Tangible fixed as|sets||||||
|---|---|---|---|---|---|---|
|||Property
development||Motor vehicles|Equipment|Total|
||||6||E|E|
|Cost
At 1 Jan 2020
Additions||2,512,192
70,832||41,307
63,742|6,256
12,802|2,559,755
147,376|
|Disposals||||(24,745)||(24,745)|
|At 31Dec2020||2,583,024||80,304|19,058|2,682,386|
|Depreciation
At 1 Jan 2020
Charge for the year
Disposals|||107,626|36,253
16,488
(21,902)|1,895
4,291|38,148
128,405
(21,902)|
|At 31Dec2020|||107,626|30,839|6,186|144,651|
|Carrying
amount
At 31Dec2020||2,475,398||49,465|12,872|2,537,735|
|At 31 Dec2019||2,512,192||5,054|4,361|2,521,607|
|Debtors|||||||
||||||2020|2019|
|Prepayments
and
Other debtors|accrued income||||17,014
161,303|14,650
131,483|
||||||178,317|146,133|
|Creditors: amounts||falling due within one year|||||
||||||2020|2019|
||||||'R|8|
|Trade creditors
Accruals and deferred
income
Social security and other taxes
Other creditors|||||2,097
230,028
7,026
7,935|188,772
7,026
8,760|
||||||247,086|204,558|
|Deferred income|||||||
||||||2020|2019|
|||||||E|
|At 1 January 2020
Amount released to income
Amount
deferred
in year|||||188,772
(188,772)
230,028|154,793
(154,793)
188,772|
|At 31 December|2020||||230,028|188,772|
##
##
##
##
##
##
##
##
##
|end but relating t|o acti|vities
ta|king place after the year end|
as follows:||
|---|---|---|---|---|---|
|||||2020|2019|
||||||F|
|Gothia Cup
Barcelona Cup
After School Clubs
Soccer centres||||23,855
16,768
1,835
5,113|11,100
16,015
19,925
10,731|
|Tiny Tots||||971|2,439|
|Other||||939|5,229|
|Football Development||Programme||75,000|70,000|
|Intel Corporation|sponsorship||income|33,333|20,833|
|Football Fans in
SBC-CIF|Training|||7,500
5,000|7,500
8,750|
|PL Primary Stars||||26,667|10,000|
|EFLTrust Core Funding||||7,000||
|PL Kicks||||18,147|6,250|
|Foundation
Park|Bookings|||7,900||
|||||230,028|188,772|
##
##
##
##
##
##
||||||||At|
|---|---|---|---|---|---|---|---|
||||At 1 Jan 2020
f.|Income|Expendituref|Transfers
F|31Dec2020
f|
|General funds
Foundation
Park (self-|||348,058|707,278|(437,717)|(35,000)|582,619|
|funded element)
Covered
bowls facility
3G pitch sinking
fund|||495,953|103,636|(23,616)|35,000|472,337
103,636
35,000|
||||844,011|810,914|(461,333)||1,193,592|
||||||||At|
||||At 1 Jan 2019
f|Income|Expendituref|Transfers
f|31 Dec 2019
f|
|General funds
Foundation
Park (self-|||150,000|730,190|(523,943)|(8,189)|348,058|
|funded
element)
Covered
bowls facility|||495,895|||58|495,953|
|3G pitch|sinking|fund||||||
||||645,895|730,190|(523,943)|(8,131)|844,011|
|Incoming resources
include a total off23,750(2019- f35,0
which has been used to fund the following:|00) received from Swindon
Boroug|h Council|
|---|---|---|
||2020
f|2019|
|Coaches personal
development|2,037|3,000|
|Extra time|3,053|4,500|
|Disability
programme
Tiny Tots and Mini Soccer programme|3,053
3,053|4,500
4,500|
|Football Tournaments
and Festivals|1,697|2,500|
|Girls Football Development
Staff Salary Contribution|3,053
7,804|4,500
11,500|
||23,750|35,000|
##
##
##
##
##
|Restricted funds||||||
|---|---|---|---|---|---|
||||||At|
||At 1 Jan 2020
E|Income
f|Expenditure
5|Transfers
6|31Dec2020
F|
|Girls development|456||300||756|
|Premier League - Primary||||||
|Stars|6,071|43,333|(45,450)||3,954|
|Social Inclusion
&||||||
|Disability
Football|4,324||||4,324|
|Swindon
Borough Council||||||
|- Floodlights
grant||||||
|Swindon
Borough Council||||||
|- Football Fans in Training|4,724|45,000|(45,000)||4,724|
|Gothia Cup||||||
|Barcelona Cup||||||
|Donations
for Minibus|2,211||(553)||1,658|
|Zambia
trip||||||
|EFLTrust infrastructure||||||
|grant|1,679||(170)||1,509|
|Premier League Fans||||||
|Fund|3,366|6,120|(6,961)||2,525|
|PFA||4,077|(3,077)||1,000|
|Premier League Kicks|2,428|27,083|(24,762)||4,749|
|Onside Project||||||
|Sport England
Emergency||||||
|Response||8,500|(8,500)|||
|Sport England
Walking||||||
|Football League||9,942|(3,866)||6,076|
|National
Lottery Covid-19||||||
|Response||45,985|(38,321)||7,664|
|EFLTrust - Tackling||||||
|Loneliness
Together||11,063|(11,063)|||
|Foundation
Park external||||||
|funding|2,016,239||(84,010)||1,932,229|
||2,041,498|201,103|(271,433)||1,971,168|
||||||At|
||At 1 Jan 2019|Income|Expenditure|Transfers|31 Dec 2019|
||6|5||r|5|
|Girls development|1,373|10,667|(11,584)||456|
|Premier League - Primary||||||
|Stars|1,062|36,667|(31,658)||6,071|
|Social Inclusion 8||||||
|Disability
Football|2,108|16,200|(13,984)||4,324|
|Swindon
Borough Council||||||
|- Floodlights
grant|1,405||(1,405)|||
|Swindon
Borough Council||||||
|- Football Fans in Training|2,955|45,000|(43,231)||4,724|
|Gothia Cup||18,464|(19,986)|1,522||
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|21.|Analysis ofcharitable|funds|fconunueri)|||||
|---|---|---|---|---|---|---|---|
||Barcelona Cup|||19,573|(23,049)|3,476||
||Donations
for Minibus||2,948||(737)||2,211|
||Zambia
trip||2,158|5,030|(10,321)|3,133||
||EFLTrust infrastructure|||||||
||grant||1,906|8,000|(227)|(8,000)|1,679|
||Premier League Fans|||||||
||Fund|||9,180|(5,814)||3,366|
||PFA|||4,398|(4,398)|||
||Premier League Kicks|||6,250|(3,822)||2,428|
||Onside Project|||5,338|(5,338)|||
||Sport England
Emergency|||||||
||Response|||||||
||Sport England
Walking|||||||
||Football League|||||||
||National
Lottery Covid-1|9||||||
||Response|||||||
||EFLTrust - Tackling|||||||
||Loneliness Together|||||||
||Foundation
Park external|||||||
||funding|||2,008,239||8,000|2,016,239|
||||15,915|2,193,006|(175,554)|8,131|2,041,498|
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|Analysis of net as|sets between funds||||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total Funds|
|||Funds|Funds|2020|
|||E|F|E|
|Tangible fixed assets||501,497|2,036,239|2,537,736|
|Current assets||746,928|127,183|874,111|
|Creditors less than|1 year|(154,151)|(92,936)|(247,087)|
|Net assets||1,094,274|2,070,486|3,164,760|
|||Unrestricted|Restricted|Total Funds|
|||Funds|Funds|2019|
|||E|E||
|Tangible fixed assets||499,112|2,022,495|2,521,607|
|Current assets||498,592|69,868|568,460|
|Creditors less than|1 year|(153,693)|(50,865)|(204,558)|
|Net assets||844,011|2,041,498|2,885,509|
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|23.|Analysis|ofc|han|ges
in|net debt|||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||At||
||||||||At 1 Jan 2020||Cash flows|31Dec|2020
f|
||Cash at bank and|||in hand||||422,327|273,467|695,794||
|24.|Operating|lease||commitments||||||||
||The total|future|minimum||lease payments|under|non-cancellable|operating|leases are as follows:|||
||||||||||2020||2019|
||||||||||||F|
||Not later than||1 year||||||2,200||2,110|
||Later than|1 year||and not|later than 5years||||5,871|||
||||||||||8,071||2,110|