2021-03-31-accounts - The Access To Sports Project

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Page No.
1-13	Ttststees' Annual Report	(including Director's Report)
14	Independent Examiner's	Report
IS	Statement ofFinancial Activities		(including	Income and Expenditure	Account)
16	Balance Sheet
17	Statement ofCash Flows
18-31	Notes to the Financial Statements

1stforSport		1sledon	CIC	Northwold Community	Northwold Community	Centre
Arsenal in the Community		Islington	Borough Ladies F.C.	Octopus Community	Network
Awesome CIC		Islington	Children's Service	Pedal Power
Better		Islington	Faiths Fomm	Middlesex Cricket Board Platform
B66th Form College		lslington	Football Development	Youth Hub
Capital Kids Cricket		Partnership		ProActive Islington
City and Islington College		lslington	Housing Service	Rosebowl Youth Club
Copenhagen Youth Project		Islington	Leisure Team	Skyway
Concorde Youth Hub		Islington	Play Association	Southern Housing Group
Duke ofEdinburgh Awards		Islington	Targeted youth support	Sport England
Elizabeth House Community	Centre	Islington	Youth Sports Development	Sport lslington
Eritrean Youth Club		Lift Youth Hub		Sports Leaders UK
Finsbuty Park Rugby Club		London	Football Association	Springlield Youth Club
Finsbug Park Sports Partnership		London	Sport	Stoke Newington Youth		Hub
Forest Road Youth Hub		London	Metropolitan University	Stormont House School
Greenwich Leisure Ltd.		Lawn Tennis Association		StreetGames
Guinness Trust Housing		London	Heathside Athletics Club	Tennis Foundation
Hackney CVS		London	Youth	The Wickers Charity
Hackney Play Association		Mayor ofLondon &		The Edge Youth flub
Hackney Flousing		Greater	London Authority	The Leaside Trust
Hackney Marsh Partnership		Mildmay	Community Centre	Voluntary Action lslington
Hackney Quest		Middlesex Lawn 1ennis Association		YESOutdoors
Haringey Recreation Services		Muslim	Welfare House	Young Hackney
Hanley Crouch Community	Association

		Notes	Restricted	Unrestricted	Total	Total
			Funds	Funds	Funds	Funds
					2021	2020
Income and endowments fioni:
Donations and legacies			46,583	163	46.746	38,786
Charitable activities			461,652	173,757	635,409	848,352
Investments				180	180	513
Total income and endowments		17	508,235	174,100	682,335	887,651
Expenditure on:
Costs ofraising funds:
Fundraising	costs		12,000		12,000	25,000
Charitable activities		5	432,090	181,895	613,985	702,612
Total expenditure			444,090	181,895	625,985	727,612
Net income/(expenditure)		17	64,145	(7,795)	56,350	160,039
Reconciliation offunds
Total funds brought	forward		148,277	576,989	725,266	565,227
Total funds carried	fomvard		212,422	569,194	781,616	725,266

			Notes	2021	2020
Fixed assels			12	264,475	203,963
Current asseis
Debtors			13	28,386	104,989
Cash at bank and in hand				742,687	611,708
				771,073	716.697
Crediiars: amounts	falling	due within one year	14	(193,932)	(127,894)
Nel surreal asseisi'(li abi li		lies)		577,141	588,803
Total Assets Less Currenr		Liabilities		841,616	792,766
Creditors: amounts	falling	atter one year	15	(60,000)	(67,500)
Nel assets				781,616	725,266
Charity funds
Restricted funds			17	212,422	148,277
Unrestricted funds
General Funds			17	541,694	549,489
Designated	Funds		17	27,500	27,500
Total (inrestricted	tunds		17	569,194	576,989
Total charity funds				781,616	725,266

				Notes	2021	2020
Net Cash used in operating activities				20	215,926	251,107
Cash flows from investing	activities
Interest Income					180	513
Purchase oftangible fixed	assets				(85,077)	(196,249)
Cash provided by (used in) investing activities					(84,897)	(195,736)
Cash flows from booking	deposits
Repayment ofbooking deposits					(50)	(255)
Cash used in repayment	ofbooking	deposits			(50)	(255)
Increase (decrease) in cash and cash		equivalents	in the year		130,979	55,116
Cash and cash equivalents	at the beginning of		the year		611,708	556,592
Total Cash and cash equivalents at		the end of	the year		742,687	611,708
Analysis ofcash and cash	esluiralenls
Cash in bank and in hand					742,687	611,708
Cash and cash equivalents	at the end ofthe year			20.1	742,687	61I&708

Tangible fixed	assets which have a	useful life greater	useful life greater	than one year are capitalised	at cost and depreciated
their estimated	useful economic lives on a straight		line	basis as follows:
Office	equipment	4 years		Tennis Legal, Fencing, Lighting	20years
Computer equipment		3 years		Tennis court surface	10years
Sports	Equipment (small)	2 years
Sports	Equipment (Large)	4 years


2.0	Income from Donaaons and Legacies				2021	2020
	Git)s				42,996	25,661
	Gifl Aid tax	reclaims			3,750	13,125
					46,746	38,786
	Represented	by:
	Restricted income funds				46,583	38,646
	Unrestricted	income	funds		163	140
					46.746	38,786
3.0	Income from	ChnriiabieAcriviries			2021	2020
	Coronavirus	Job Retention		Scheme	127,788
	Income from	training	services		45,969	89,808
	Performance	related	grants		461,652	758,544
					635,409	848,352
	Represented	by:
	Restricted income funds				461.652	758,544
	Unrestricted	income	funds		173,757	89,808
					635,409	848,352

st0	income from	income from	Investments				Unrestricted	Unrestricted	Unrestricted
								funds	funds
								2021	2020
	Interest income —bank and Gilt Aid							180	513
5.0	Analysis ofExpenditure			on C1&arttatde	Activities
					Activities
					undertaken	Support	Goverance	Total	Total
					directly	Costs	Costs	2021	2020
						f,			8
	Project Work				522,008	52,308	39,669	613,985	702,612
								Total	Total
								2021	2020
	Represented		by:
	Restricted	funds						432,090	649,714
	Unrestricted		funds					181,895	52,898
								613,985	702,612

				Sports	Accredited
				activities	training,
				&.	education,	Competitions	Finsbury
				coaching	employment	events &	Park	Total	Total
				programmes	&volunteering	residentials	Tennis	2021	2020
Direct Costs
Payroll costs				169,992	40,9EI	E,001	30,055	249,029	401,489
Contract workers				7,934	979		14,121	23,034	21,061
Resources &.Fees				1„640	13.157	640	1,744	17,181	50,891
Marketing					45		335	380	4, 115
Facility & Equipment		Hire		1,785	728	300	5,976	8,789	35,374
Travel					33			33	1,576
League Fees &Prizes						241		241	I0.734
Duke ofEdinburgh	Award				1,914			1,914	1,941
Sports Equipment	&Security			1,518			1,2EO	2,798	21,936
Bad Debts									1,050
indirect Costs
Payroll				14,633	3,528	689	2,587	21,437	10,734
Payroll —Furlough	+Top-up			97,034	23,392	4,567	17,156	142,149
Payroll - ERNI +Pension				24,613	5,934	1,158	4,352	36,057	37,250
Other StaffCosts				560	176	28	164	928	1,950
Resources &Fees				589	186	30	172	977	385
Marketing				2,007	635	100	587	3,329	2,419
DBSChecks				666	211	33	195	1,105	599
Faciiity Hire				1,335	422	67	391	2,215	1,621
Travel				2,032	642	102	594	3,370	2,056
Sports Equipment	&Security			4,244	1,342	213	1,243	7,042	6,784
				330,582	94,305	16,169	80,952	522,008	613,965
Basis o a orti conte&rt			orindkrect	costs
Payroll	costs			6&3%	/6 5%	3.2%	l2./%
(Aofdirect payroll costs)
Other costs				60.3%	/9. /%	3.0%	/7 6%
(%ofdirect costs excluding support					and governance	costs)

5.2 Analysis o	fE	xp	enditure	on Charitable	Activities —Prio	r Year	- 2020
					Activities
					undertaken	Support	Goverance			Total	Total
					directly	Costs		Costs		2020	2019
								8
Project Work					613,965	45,893		42,754		702,612	778,605
										Total	Total
										2020	2019
Represented		by:									8
Restricted	funds									649,714	601,477
Unrestricted		funds								52,898	177,128
										702,612	778,605
Detailed analysis	ofProf eel Work —Prior Year- 2020
				Sports	Accredited
				activities	training,
				&.	education,	Competitions		Finsbury
				coaching	employment	events &		Park		Total	Total
				programmes	&volunteering	residentials		Tennis		2020	2019
Direct Costs
Payroll costs				263,975	89,347	33,347		14,820		401,489	496,633
Contract workers				9,513	2,575			8,973		21,061	36,132
Resources &Fees				18,629	30,475		759	1,028		50,891	39,835
Marketing				2,766	1,319		30			4, 115
Facility &Equipment			Hire	20,871	7,673		1,325	5,505		35,374	34,063
Travel				175	1,375		26			1,576	2,221
League Fees &.Prizes						9,854			880	10,734	3,650
Duke ofEdinburgh		Award			1,941					1,941	2,262
Sports Equipment	&Security			13,804	7,161		650	'	321	21,936	144
Bad Debts				750	300					1,050	225
Indirect Costs
Payroll Costs				7,058	2,388		892		396	10,734
Payroll Costs ERNI		+Pension		24,491	8,290	3,094			1,375	37,250	46,663
Other Staff Costs				1,172	503		163		112	1,950	1,799
Resources &Fees				231	100		32		22	385	988
Marketing				1,453	625		202		139	2,419	4,999
DBSChecks				360	155		50		34	599	1,302
Facility Hire				974	4I9		135		93	1,621	31.511
Travel				1.235	531		172		118	2,056	1,765
Sports Equipment	&Security			4,075	1,753		567		389	6,784	9,535
				371,532	156,930	51,298		34,205		613,965	713.727

5.2	Detailed analysis ofPro	jec	t Work —Prior Ye	t Work —Prior Ye	ar 2020 (co	ntinued)
	Ras' ortionment	or	indirecl costs
	Payroll costs		65.7%		22 3%	8.3%		3 7%
	(%ofdirect poyi'oil	costs)
	Other costs		60.(%		25.8%	8	4%	5.7%
	(%ofdirecl costs excluding support and				governance	costs)
6.8	Analysis ofSupporl and	Governance		Costs
					Support		Governance		Total	Total
					cost;s		costs		2021	2020
					f.
	Premises				13,529				13,529	12,480
	Office running				7,577				7,577	7,081
	Information technology				1,863				1.863	1,917
	Finance charges						32		32	70
	Legal and professional				4,774		173		4,947	4,594
	Depreciation				24,565				24,565	20,022
	Accountancy 8t Independent		review				39,284		39,284	42,068
	Tmstees meetings						180		180	415
					52,308		39,669		91.977	88,647
78	Net Incomel(Expenditure)		for the Veer						2021	2020
	This is stated aiter charging:
	Independent Examination								6.120	5,920
	Depreciation								24,565	70,022


Analysis ofStaffCosts	2021	2020
Wages and salaries	424,615	437,223
Social security costs	24,370	25,515
Pensions	11,687	11,735
	460,672	474,473

					2021	2020
					Number	Number
Full-time	equivalent	—Direct	charitable	work	16.8	17.2

Fixed Assets	Tennis	Sports Equipment	Office	Office Equipment	Total
	Courts	&.Sports Clothing		& Computers	Fixed Assets
Cost
At I April 2020	218,489	6,320	4.216	19.793	248,818
Additions	83,798			1,279	85,077
Disposals
At 31 March 2021	302,287	6,320	4.216	21,072	333,895
Depreciation:
At I April 2020	18,305	6,320	4,149	16,081	44,855
Charge for the year	22,049		67	2,449	24,565
Eliminated on disposals
At 31 March 2021	40,354	6,320	4.216	18,530	69,420
lv'e/ Boot Voioe:
At 31 March 2021	261,933			2,542	264,475
At I April 2020	200,184		67	3,712	203,963

l3.0	Debtors		2021		2020
	Trade debtors		2,500		55,851
	Accrued Income		25,101		46,146
	Other debtors		665		564
	Credit Card receivable				2,428
	Deferred Expense		120
			28,386		104,989
J4.0	Creditors: Amounts fulling	due edtbin oneyear	2021		2020
	Trade creditors		3,833		6,165
	Payroll creditors		8,270		13,087
	Other creditors		43,432		26,079
	Accruals		25,493		28,288
	Taxation and social security		7,579		7.270
	Staff Pensions		1,561		1,704
	Deferred Income		103.764		45,301
			193,932		127,894
i4.l	Staff Pensions of01,561 (2020-Ã1,704) relates to contributions		owing to the NEST Pension	fund.
l50	Creditors: Anrountsfulling	due nfteroneyenr	2021		2020

Creditors:	Anrountsfulling due nfteroneyenr	2021	2020
Loan from	Lawn Tennis Association	60,000	67,500

Deferred	income	comprises ofgrants received	in advance.	Total
Balance	as at I April 2020			45,301
Amount	released	to income earned from charitable	activities	(45,301)
Amount	deferred	in year		103,764
Balance	as at 31	March 2021		103,764

Analysts ofChnrilable Fends —Current		Vear - Zt)ZJ
Unrestricted Funds		Balance	Incoming	Outgoing	Transfers			Balance
		I Apr 2020	Resources	Resources		f	31 Mar 2021
General funds		549,489	174,100	(181,895)				541,694
Facility Development Fund		27,500						27,500
Total unrestricted funds		576,989	174.100	(181,895)				569,194
Name ofunrestricted fund	Description,		natsre and purposes ofthefund
General fimds	The 'free reserves" ager allotving for any designated						funds.
Facility Development Fund	Funds for the		redevelopment	ofthe Tennis Courts		in	Finsbury	Park
Restricted Funds		Balance	Incoming	Outgoing	Transfers			Balance
		I Apr 2020	Resources	Resources			3 I Mar 2021
Fixed Asset
Lawn Tennis Association —Tennis Courts		62,000	13,614	(6,329)				69,285
LBofHaringey —Tennis Courts		68,786		(5,291)				63,495
London Marathon Trust			40,000	(2,436)				37,564
Prism Charitable Trust —Tennis Couns		17,491	27,833	(3,246)				42,078
Restricted Funds - Fixed Assets		148,277	81,447	(17,302)				212,422
Revenue
Cripplegate - Islington Giving			16,000	(16,000)
Greater London Authority			17,800	(17,800)
Greenwich Leisure Ltd			8,000	(8,000)
Isledon			13,105	(13,105)
Jack Petchey Foundation			500	(500)
London Borough ofHackney			120,749	(120,749)
London Borough ofHaringey			31,980	(31,980)
London Borough oflslington			194,904	(194,904)
Prism Charitable Trust			18,750	(18,750)
Skyway Charity			5,000	(5,000)
Restricted funds —Revenue Income			426,788	(426,788)
Tolnl Restricted Funds		148,277	508,235	(444,090)				212,422
Total Unreslricted Funds		576,989	174,100	(181,895)				569,194
Total Funds		725,266	68'2,335	(625.985)				781,616
		27

Analysis ofCharilable Funds - Pri	Analysis ofCharilable Funds - Pri	or yea	r -2020
Unrestricted Funds			Balance	Incoming	Outgoing	Transfers		Balance
		I	Apr 2019	Resources	Resources		31 Mar 2020
					f.
General funds			519,427	90,461	(52,898)	(7,501)		549,489
Facility Development Fund			27,500					27,500
Total unrestricted	funds		546,927	90,461	(52,898)	(7,501)		576,989
iVame ofunreslricredfrmd		Descripli on,		nature ond purposes ofthefund
General funds		The "free reserves" at)er allowing for any designated					funds.
Facility Development Fund		Funds for the		redevelopment	ofthe Tennis Courts in		Finsbury	Park.
Resrricred Funds			Balance	Incoming	Outgoing	Transfers		Balance
		I	Apr 2019	Resources	Resources		31 Mar 2020 f
Fixed Assel
Lawn Tennis Association —Tennis Coutxs				67,500	(5,500)			62,000
LBofHaringey —Tennis Courts			18,300	48,276	(5,291)	7,501		68,786
Prism Charitable	Trust —Tennis Coutss			19,042	(1,551)			17,491
Restricted Funds	- Fixed Assets		18,300	134,818	(12,342)	7,501		148,277
Revemre
Big Lottery Fund	—Youth Investment	Fund		75,893	(75,893)
Cripplegate - Islington Giving				12,000	(12,000)
Derwent London				3,000	(3,000)
European Union	(Erasmus+)			5,642	(5,642)
Greater London Authority				48,298	(48,298)
Greenwich Leisure Ltd				8,000	(8,000)
Groundwork				26,660	(26,660)
Isledon				31,677	(31,677)
Jack Petchey Foundation				750	(750)
London Borough	ofHackney			150,000	(150,000)
London Borough	ofHaringey			3,000	(3,000)
London Borough	oflslington			246,468	(246,468)
MOPAC				15,960	(15,960)
Prism Charitable	Trust			19,604	(19,604)
Snow Camp National Funding				1,770	(1,770)
Streetgames				13,650	(13,650)
Restricted funds —Revenue Income				662,372	(662,372)


IS.0	Analysis of/Yet Assets Between Funds - 202/	Restricted	Unrestricted	Total
		Fund	Fund	2021
			f.
	Tangible lixed assets	212,422	52 053	264,475
	Cash at bank and in hand		742,687	742,687
	Other net current assets/(liabilities)	60,000	(225,546)	(165,546)
	Long term liabilities	(60,000)		(60,000)
		212,422	569,194	781,6I6
IS.I	Analysis of/Yet Assets Between Funds —Prior Venr 2020	Restricted	Unrestricted	Total
		Fund	Fund	2020
	Tangible tixed assets	148,277	55.686	203,963
	Cash at bank and in hand		611,708	611,708
	Other net current, assets/(liabilities)	67,500	(90,405)	(22,905)
	Long term liabilities	(67,500)		(67,500)
		148.277	576,989	725,266

20.0	Reconciliation ofnet movement infun	ds to net cashflo	orfrom operating act	ivities
				2021	2020
				f.
	Net cash received (used) in operating	activities		215,926	251,107
	Net movement in funds			56,350	160,039
	Add back: depreciation charge			24,565	20,022
	Add back: repayment ofdeposits			50	255
	Deduct: interest income			(180)	(513)
	Decrease (increase) in debtors			76,603	(11,219)
	Increase (decrease) in creditors			58,538	82,523
	Net cash received (used) in operating	activities		215,926	251,107
Zd.l	4nalysis ofChangesin JVet Debt
			At I April	Cash-Flow	At 31 March
			2020		2021
	Cash in bank and in hand		611,708	130,979	742,687