2022-03-31-accounts

Page No.
1-14	Trustees' Annual Report	(including		Director's Report)
15	Independent Examiner's	Report
16	Statement ofFinancial Activities		(iricluding		Income and Expenditure	Account)
17	Balance Sheet
18	Statement ofCash Flows
19-33	Notes to the Financial Statements

Arsenal in the Community		Islington Borough Ladies F.C.	Islington Borough Ladies F.C.	Middlesex Lawn Tennis	Association
Awesome CIC		Islington Children's Service		Muslim Welfare House
B66th Form College		Islington Faiths Forum		Northwold Community	Centre
Capital Kids Cricket		Islington Football Development		Octopus Community Network
City and Islington College		Partnership		Pedal Power
Centre 404		Islington Housing gz Community		Middlesex Cricket Board Platform
Copenhagen Youth Project		Partnerships		Youth Hub
Concorde Youth Hub		Islington Leisure Team		ProActive Islington
Duke ofEdinburgh Awards		Islington Mind		Rosebowl Youth Club
Elizabeth House Community	Centre	Islington Play Association		Skyway
Eritrean Youth Club		Islington Targeted youth support		Southern Housing Group
Finsbury Park Rugby Club		Islington Youth Sports Development		Sport England
Finsbury Park Sports Partnership		Lift Youth Hub		Sport Islington
Forest Road Youth Hub		London Football Association		Sports Leaders UK
Greenwich Leisure Ltd.		London Sport		Springfield Youth Club
Guinness Trust Housing		London Metropolitan University		Stormont House School
Hackney CVS		Lawn Tennis Association		StreetGames
Hackney Play Association		London Heathside Athletics	Club	Tennis Foundation
Hackney Housing		London Youth		The Wickers Charity
Hackney Marsh Partnership		Mayor ofLondon gz		The Edge Youth Hub
Hackney Quest		Greater London Authority		The Leaside Trust
Haringey Recreation Services		Mentoring Lab		UK Coaching —1stfor	Sport.
Hornsey Lane Community		Mildmay Community Centre		Voluntary Action Islington
Association				YESOutdoors
lsledon CIC				Young Hackney

			Notes	Restricted	Unrestricted	Total	Total
				Funds	Funds	Funds	Funds
						2022	2021
				8
Income and endowments		from:
Donations and legacies				18,750	2,970	21,720	46,746
Charitable activities				646,797	153,852	800,649	635,409
Investments					51	51	180
Total income and endowments				665,547	156,873	822,420	682,335
Expenditure on:
Costs ofraising funds:
Fundraising	costs			18,000		18,000	12,000
Charitable activities			6	664,849	162,196	827,045	613,985
Total expenditure				682,849	162,196	845,045	625,985
Net income/(expenditure)			18	(17,302)	(5,323)	(22,625)	56,350
Reconciliation offunds
Total funds brought	forward			212,422	569,194	781,616	725,266
Total funds carried	forward			195,120	563,871	758,991	781,616

			Notes	2022	2021f
Fixed assets			13	246,394	264,475
Current assets
Debtors			14	77,937	28,386
Cash at bank and in hand				652,463	742,687
				730,400	771,073
Creditors; amounts	falling due within	one year	15	(165,303)	(193,932)
Net current assetst'(liabilities)				565,097	577,141
Total Assets l.ess Current Liabilities				811,491	841,616
Creditors: amounts	falling alter one year		16	(52,500)	(60,000)
Net assets				758,991	781,616
Charily funds
Restricted funds			18	195,120	212,422
Unrestricted funds
General Funds			18	521,371	541,694
Designated	Funds		18	42,500	27,500
Total Unrestricted	funds		18	563,871	569,194
Total charity funds				758,991	781,616

			Notes	2022	2021
Net cash used in operating activities			21	(82,643)	215,926
Cash flows from investing activities
Interest income				51	180
Purchase oftangible fixed assets				(7,582)	(85,077)
Cash provided by (used in) investing	activities			(7,531)	(84,897)
Cash flows from booking deposits
Repayment ofbooking deposits				(50)	(50)
Cash used in repayment ofbooking	deposits			(50)	(50)
Increase (decrease) in cash and cash	equivalents	in the year		(90,224)	130,979
Cash and cash equivalents at the beginning ofthe year				742,687	611,708
Total cash and cash equivalents at	the end ofthe year			652,463	742,687
Analysis ofcash and cash equivalents
Cash in bank and in hand				652,463	742,687
Cash and cash equivalents at the end	ofthe year		21.1	652,463	742,687

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

3.0	Income from Donations and Legacies	2022	2021
	Gifts	17,970	42,996
	Gift Aid tax reclaims	3,750	3,750
		21,720	46,746
	Represented by:
	Restricted income funds	18,750	46,583
	Unrestricted income funds	2,970	163
		21,720	46,746

4.0	Income from	Chariiable	Chariiable	Aciivilies	Aciivilies				2022	2021
	Coronavirus	Job Retention			Scheme				6,311	127,788
	Income I'rom	training	services						147,541	45,969
	Performance	related	grants						646,797	461,652
									800,649	635,409
	Represented	by:
	Restricted income funds								646,797	461,652
	Unrestricted	income	funds						153,852	173,757
									800,649	635,409
5.0	Income from	Invesrmenis						Unrestricted		Unrestricted
									funds	funds
									2022	2021
	Interest income —bank and				Gift Aid				51	180
6.0	Analysis ofExpendirare			on Charitable		Aciivisles
						Activities
						undertaken	Support	Goverance	Total	Total
						directly	Costs	Costs	2022	2021
	Project Work					727,099	59,015	40,931	827,045	613,985
									Total	Total
									2022	2021
	Represented	by:
	Restricted funds								664,849	432,090
	Unrestricted	funds							162,196	181,895
									827,045	613,985

	Sports	Accredited
	activities	training,
	&	education,	Competmons	Ftnsbury
	coaching programmes 8	employment &volunteering	events & residentials	Park Tennis	Total 2022 8	Total 2021
Direct Costs Payroll costs Contract workers Resources &Fees Marketing Facility &Equipment Hire Travel League Fees & Prizes Duke ofEdinburgh Award Sports Equipment &Security	338,577 22,624 11,280 23,149 668 2,279	65,806 1,503 17,445 4,603 19 1,821	42,533 1,265 230 1,841	49,615 20,262 294 22 16,844 3,128 1,955	496,531 44,389 30,284 22 44,596 917 4,969 1,821 4,234	249,029 23,034 17,181 380 8,789 33 241 1,914 2,798
Bad Debts
Indi rect Costs Payroll Payroll —Furlough +Top-up Payroll - ERNI +Pension Other StaffCosts Resources &Fees Marketing DBSChecks Facility Hire Travel Sports Equipment & Security	1,103 5,825 27,254 1,188 1,942 6,259 1,203 11,206 2,598 6,848	214 1,132 5,297 271 444 1,432 275 2,564 594 1,567	139 732 3,424 137 223 720 138 1,290 299 788	162 854 3,994 274 449 1,446 278 2,590 600 1,583	1,618 8,543 39,969 1,870 3,058 9,857 1,894 17,650 4,091 10,786	21,437 142,149 36,057 928 977 3,329 1,105 2,215 3,370 7,042
	464,003	104,987	53,759	104,350	727,099	522,008
Basis o a llonment or indirect costs
Payroll costs	68.2%	I3.2%	8.6%	IO.0%
(%of direct payroll	costs)
Other costs	63.5%	l4.5%	7.3%	I4.7%
(%ofdirect costs excluding support		and governance	costs)

Ana(ysis ofE	xpenditure on	Charitable Activities —P	rior Year - 20	21
		Activities
		undertaken	Support	Goverance	Total	Total
		directly	Costs	Costs	2021	2020
Project Work		522,008	52,308	39,669	613,985	702,612
					Total	Total
					2021	2020
Represented	by:
Restricted funds					432,090	649,714
Unresnicted	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	40,981	8,001	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	10,734
Duke ofEdinburgh	Award			1,914			1,914	1,941
Sports Equipment	&	Security	1,518			1,280	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 - ERM +Pension			24,613	5,934	1,158	4,352	36,057	37,250
Other Staff Costs			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
Facility 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

6.2	Analysis ofExpenditure on	Charitable Activi	Charitable Activi	Charitable Activi	Charitable Activi	ties —Prior	Year -2021
	Basis o a ortionmetrt or	indirect costs
	Payroll costs			683%		16.5%	3.2%	12.1%
	(%ofdirect payroll costs)
	Other costs			60.3%		191%	3.0%	17.6%
	(Aofdirect costs excludi		ng support and			governance	costs)
7.0	Analysis ofSupport and Governance				Costs
						Support	Governance		Total	Total
						costs	costs		2022	2021
	Premises					18,140			18,140	13,529
	Office running					8, 107			8,107	7,577
	Information technology					2,684			2,684	1,863
	Finance charges						116		116	32
	Legal and professional					4,421	2,413		6,834	4,947
	Depreciation Accountancy &Independent		review			25,663	38,402		25,663 38,402	24,565 39,284
	Trustees meetings									180
						59,015	40,931		99,946	91,977
8.0	Net Income1(Expenditure)	for		the Veer					2022	2021
	This is stated after charging:
	Independent Examination								5,870	6,120
	Depreciation								25,663	24,565

equivalent	employees	(includi	ng casual	and part time staff) during	the year was as fogows:
					2022	2021
					Number	Number
Full-time	equivalent	—Direct	charitable	work	20.7	16.8

13.0	Fixed Assets	Tennis	Sports Equipment	Sports Equipment	Office	OAice Equipment	Total
		Courts	bt Sports	Clothing	Furniture	gc Computers	Fixed Assets
					k
	Cost
	At I April 2021	302,287		6,320	4,216	21,072	333,895
	Additions	4,411				3,171	7,582
	Disposals
	At 31 March 2022	306,698		6,320	4,216	24,243	341,477
	Depreci ation: At I April 2021	40,354		6,320	4,216	18,530	69,420
	Charge for the year	22,491				3,172	25,663
	Eliminated on disposals
	At 31 March 2022	62,845		6,320	4,216	21,702	95,083
	Net Book Value:
	At 31 March 2022	243,853				2,541	246,394
	At I April 2021	261,933				2,542	264,475
14.0	Debtors					2022	2021
	Trade debtors					15,099	2,500
	Accrued income					62,054	25,101
	Other debtors					664	665
	Deferred expense					120	120
						77,937	28,386
15.0	Creditors: Atnounts fatling	dne within	oneyenr			2022	2021
	Trade creditors					8,720	3,833
	Payroll creditors					26,830	8,270
	Other creditors					46,624	43,432
	Accruals					48,279	25,493
	Taxation and social security					9,846	7,579
	Staffpensions					1,837	1,561
	Deferred income					23,167	103,764
						165,303	193,932

16.0	Creditors:	Amounts falling due after oneyear	2022	2021
	Loan from	Lawn Tennis Association	52,500	60,000

Deferred	income	comprises ofgrants received in advance.	comprises ofgrants received in advance.	Total
Balance	as at I April 2021			103,764
Amount	released	to income earned from charitable	activities	(103,764)
Amount	deferred	in year		23,167
Balance	as at 31	March 2022		23,167

Analysis ofChardable	Funds —C	urrent Year- 2022
Unrestricted Funds		Balance	Incoming	Outgoing	Transfers	Balance
		I Apr 2021	Resources	Resources		31 Mar 2022
General funds		541,694	156,873	(162,196)	(15,000)	521,371
Facility Development	Fund	27,500			15,000	42,500
Total unrestricted funds		569,194	156,873	(162,196)		563,871

Analysis ofChari	table Fund	s - Current	Year —2022	(continuedj
Restricted Funds			Balance	Incoming	Outgoing	Transfers	Balance
			I Apr 2021	Resources	Resources		31 Mar 2022
Fixed Asset
Lawn Tennis Association —Tennis Courts			69,285		(6,329)		62,956
LBofHaringey —Tennis Courts			63,495		(5,291)		58,204
London Marathon	Trust		37,564		(2,436)		35,128
Prism Charitable	Trust —Tennis Courts		42,078		(3,246)		38,832
Restricted Funds	- Fixed Assets		212,422		(17,302)		195,120
Revenue
Greater London Authority				45,492	(45,492)
Greenwich Leisure Ltd				8,000	(8,000)
Isledon CIC				26,184	(26,184)
Jack Petchey Foundation				850	(850)
London Borough	ofHackney			211,601	(211,601)
London Borough	ofHaringey			34,968	(34,968)
London Borough	ofIslington			244,339	(244,339)
London Marathon	Charitable	Trust		15,000	(15,000)
London Sport				2,763	(2,763)
Prism Charitable	Trust			18,750	(18,750)
Skyway Charity				5,000	(5,000)
Sport England				50,000	(50,000)
Streetgames				2,600	(2,600)
Restricted funds	—Revenue	Income		665,547	(665,547)
Total Restricted	Funds		212,422	665,547	(682,849)		195,120
Total Unrestricted Funds			569,194	156,873	(162,196)		563,871
Total Funds			781,616	822,420	(845,045)		758,991

Analysis ofC	Analysis ofC	haritable	haritable	Funds -	Prior Year - 2021
Unrestricted		Funds			Balance	Incoming	Outgoing	Transfers	Balance
					I Apr 2020	Resources	Resources		31 Mar 2021
							8
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 ofunrestrict	ed fund	Description, nature and purposes ofthefu	Description, nature and purposes ofthefu	Description, nature and purposes ofthefu	Description, nature and purposes ofthefu	nd
General funds		The "free reserves" atter allowing 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		31 Mar 2021
					8
Fired 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 Courts		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	ofIslington			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)
Tolal Reslri cled Funds			148,277	508,235	(444,090)			212,422
Total Unrestricted	Funds		576,989	174,100	(181,895)			569,194
Total Funds			725,266	682,335	(625,985)			781,616

J8.2 Analysis ofCharitable	J8.2 Analysis ofCharitable	J8.2 Analysis ofCharitable	J8.2 Analysis ofCharitable	Funds - Details ofFunders	Funds - Details ofFunders
Name ofrestricted fund					Desert'ption, nature and purposes ofthefund
Big Lottery Fund					Youth Investment Fund —to deliver, expand and create high		quality	local	youth
					provision
Cripplegate —Islington		Giving			Funding to support delivery of'adventure sport' activities for		young people.
Greater London Authority					Funding to support youth engagement activities for	'at risk'	children	and	young
					people aged 10—21 years.
Greenwich Leisure Ltd					Funding for office facilities at Sobell Leisure Centre
Isledon CIC					Delivery ofpopular weekly and holiday youth hub,	offering	football,	basketball,
					cricket and non-contact boxing training,
Jack Petchey Foundation					The Jack Petchey Achievement Award scheme; is a fund which sees young				people
					selected by their peers to receive a cash allowance to	spend on	their group.
London Borough	ofHackney				Working in partnership with Young Hackney and Hackney Council,			as well as a
					range of partners to deliver targeted Iree-of-charge	sports coaching,		competitive
					opportunities and accredited training. These were	largely	delivered at		estate,
					Youth Hubs and community venues.
London Borough	ofHaringey				Funding for Tennis Court Facility Development	and also funding		of	office
					facilities at Manor House Lodge.
London Borough	of Islington				Working with LBI, in particular the Leisure Team and Islington Housing Services
					alongside a range of partners, to deliver a range of free-of-charge				sports
					programmes across Islington for young people aged	5-25 with a particular			focus
					upon young people on local housing estates and development		ofa programme of
					activities for women and girls.
London Marathon	Charitable		Trust		In 2021, they provided f40,000 capital funding to the tennis		development		project
					at Finsbury Park and in 2022 they provided f15,000 for the Tennis for			All project.
Prism Charitable	Trust				Funding to support 'Tennis for All' programmes	and Finsbury Park			Tennis
					Development.
Skyway Charity					Funding for Youth Impact Partnership Programme
Streetgames					Streetgames 'Doorstep Sports Clubs' programmes	funded	activities	to	engage
					young people in weekly sports and physical activities.

19.0	Analysis oI/Yet Assets Between Funds - 2022	Restricted	Unrestricted	Total
		Fund	Fund	2022
	Tangible fixed assets	195,120	51,274	246,394
	Cash at bank and in hand		652,463	652,463
	Other net current assets/(liabilities)	52,500	(139,866)	(87,366)
	Long term liabilities	(52,500)		(52,500)
		195,120	563,871	758,991
19.1	Analysis ofNet Assets Between Funds —Prior Fear 2021	Restricted	Unrestricted	Total
		Fund	Fund	2021
	Tangible fixed 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	781,616

Zi.p	Iteconcilialion ofnel movemenlin fund	s lo nel cashfior	vfrom operating acli	vilies
				2022	2021
	Net cash received (used) in operating	activities		(82,643)	215,926
	Net movement in funds			(22,625)	56,350
	Add back: depreciation charge			25,663	24,565
	Add back: repayment ofdeposits			50	50
	Deduct: interest income			(51)	(180)
	Decrease (increase) in debtors			(49,551)	76,603
	Increase (decrease) in creditors			(36,129)	58,538
	Net cash received (used) in operating	activities		(82,643)	215,926
ZI.I	Analysis ofChanges r'n Ner Debt
			At I April	Cash-Flow	At 31March
			2021		2022
	Cash in bank and in hand		742,687	(90,224)	652,463