# ## ## ## |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|