2023-03-31-accounts

Page No.
1-13	Trustees' Annual Report	(including		Director's Report)
14	Independent Examiner's	Report
15	Statement ofFinancial Activities		(including		Income and Expenditure	Account)
16	Balance Sheet
17	Statement ofCash Flows
18-32	Notes to the Financial Statements

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

Chief Executive Officer:	Chief Executive Officer:	John Colin Mackinnon
Independent	Examiner:	Barcant Beardon Limited
		Chartered Accountants
		8 Blackstock Mews
		Islington
		London N4 2BT
Bankers.		HSBC pic
		312Seven Sisters Road
		Finsbury Park
		London N4 2AW
Structure,	Governance	and Management

			Notes	Restricted	Unrestricted		Total
				Funds	Funds		Funds
							2022
					8		6
Income and endowments		from.
Donations and legacies				19,851	980	20,831	21,720
Charitable activities				504,443	305,621	S10,064	800,649
Irivestments					1,539	1,539	51
Total income and endowments			18	524,294	308,140	832,434	822,420
Expenditure on:
Costs ofraising funds:
Fundraising	costs			13,500		13,500	18,000
Charitable activities			6	528,096	336,304	864,400	827,045
Total expenditure				541,596	336,304	877,900	S45,045
Net income/(expenditure)			18	(17,302)	(28,164)	(45,466)	(22,625)
Reconciliation offunds
Total funds brought	forward			195,120	563,871	758,991	781,616
Total funds carried	forward			177,818	535,707	713,525	758,991

				Notes	2023	2022
Fixed assets				13	223,112	246,394
Current assets
Debtors				14	106,475	77,937
Cash at bank and in hand					611,133	652,463
					717,608	730,400
Creditors: amounts	falling	due within	one year	15	(178,445)	(165,303)
Net current assetsl(liabilities)					539,163	565,097
Total Assets Less Current		Liabilities			762,275	811,491
Creditors: amounts	falling	atter one year		16	(48,750)	(52,500)
Net assets					713,525	758,991
Charity funds
Restricted funds				18	177,818	195,120
Unrestricted funds					478,207	521,371
Designated	Funds				57,500	42,500
Total Unrestricted	funds			18	535,707	563,871
Total charity funds					713,525	758,991

			Notes	2023	2022
					f.
Net Cash used in operating activities			21	(41,782)	(82,643)
Cash flows from investing activities
Interest Income				1,539	51
Purchase oftangible fixed assets				(1,037)	(7,582)
Cash provided by (used in) investing	activities			502	(7,531)
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		(41430)	(90,224)
Cash and cash equivalents at the beginning of		the year		652,463	742,687
Total Cash and cash equivalents at the end of		the year		611,133	652,463
Analysis ofcash and cash equivalents
Cash in bank and in hand				611,133	652,463
Cash and cash equivalents at the end ofthe year			21.1	611,133	652,463

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

Income from	Donations	and Legacies	2023	2022
				L
Gifts			20,831	17,970
Gift Aid tax	reclaims			3,750
			20,831	21,720
Represented	by:
Restricted income funds			19,851	18,750
Unrestricted	income funds		980	2,970
			20,831	21,720

4.0	Income from Charitable	Income from Charitable	Activities	Activities				2023	2022
	Coronavirus	Job Retention		Scheme					6,311
	Income Irom	training services						124,140	147,541
	Performance	related grants						685,924	646,797
								810,064	800,649
	Represented	by:
	Restricted income funds							504,443	646,797
	Unrestricted	income funds						305,621	153,852
								810,064	800,649
5.0	Income from	Investments					Unrestricted		Unrestricted
								funds	funds
								2023	2022
	Interest income —bank and			Gift Aid				1,539	51
6.0	Analysis ofExpenditure		on Charitable		Activities
					Activities
					undertaken	Support'	Goverance	Total	Total
					directly	Costs	Costs	2023	2022
	Project Work				759,235	64,280	40,885	864,400	827,045
								Total	Total
								2023	2022
	Represented	by:
	Restricted funds							528,096	664,849
	Unrestricted	funds						336,304	162,196
								864,400	827,045

			Sports	Accredited
			activities	training,
			&	education,	Competitions
			coaching	employment	events &		Total	Total
			programmes	&volunteering	residentials	Tennis	2023	2022
			8				8
Direct Costs
Payroll costs			366,348	45,952	19,443	77,330	509,073	496,531
Contract workers			23,063			2,718	25,781	44,389
Resources 8cFees			2,647	11,397	380	6,364	20,788	30,284
Marketing						143	143	22
Facility & Equipment		Hire	24,674	8,490		16,994	50,158	44,596
Travel			285	33	39		357	917
League Fees & Prizes					4,837	500	5,337	4,969
Duke ofEdinburgh	Award			1,635			1,635	1,821
Sports Equipment	& Security		629			3,922	4,551	4,234
Free Lunches			23,972				23,972
indirect Costs
Payroll			3,274	411	174	691	4,550	1,618
Payroll —Furlough	+Top-up							8,543
Payroll - ERNI +Pension			58,312	7,314	3,095	12,309	81,030	39,969
Other StaffCosts			3,922	599	219	959	5,699	1,870
Resources & Fees			143	22	8	35	208	3,058
Marketing			2,768	423	154	677	4,022	9,857
DES Checks			769	118	43	188	1,118	1,894
Facility Hire			8,832	1,350	494	2,159	12,835	17,650
Travel			2,604	398	146	636	3,784	4,091
Sports Equipment	& Security		2,886	441	161	706	4,194	10,786
			525,128	78,583	29,193	126,331	759,235	727,099
Basis o a rtionntent		orindirect cosrs
Payroll	costs		72.0%	9.0%	3.8%	i5.Z%
(%ofdirect payroll costs)
Other costs			68.8%	J0.5%	3.9%	i68%
(%ofdirect costs excluding support				and governance	costs)

		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
Represented	by:				2022	2021l
Restricted funds					664,849	432,090
Unrestricted	funds				162,196	181,895
					827,045	613,985

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

Basis	o	a	ortionment orindirect costs	ortionment orindirect costs
			Payroll costs	682%	l3 2%	8 6'%	i0.0%
			(%ofdirect payroll costs)
			Other costs	63.5%	i4.5%	7.3%	l4.7%
			(%ofdirect costs excluding	support and governance		costs)

				Support	Governance	Total	Total
				costs	costs	2023	2022
	Premises			17,140		17,140	18,140
	Office running			7,947		7,947	8,107
	Information technology			5,203		5,203	2,684
	Finance charges				184	184	116
	Insurance			7,495		7,495	4,268
	Legal and professional			2,176	1,054	3,230	2,566
	Depreciation			24,319		24,319	25,663
	Accountancy &Independent		review		39,647	39,647	38,402
	Trustees meetings
				64,280	40,885	105,165	99,946
8.0	Net Incomel(Expenditure)		for the Year			2023	2022
	This is stated atter charging:
	Independent	Examination				5,930	5,870
	Depreciation					24,319	25,663

						2023
						Number
	Full-time	equivalent	—Direct	charitable	work	19.3	20.7
il.0	Taxation

13.0	Fixed Assets	Tennis	Sports Equipment	Sports Equipment	Office	Office Equipment	Total
		Courts	gc Sports	Clothing	Furn iture	&Computers	Fixed Assets
	Cost
	At I April 2022	306,698		6,320	4,216	24,243	341,477
	Additions					1,037	1,037
	Disposals
	At 31 March 2023	306,698		6,320	4,216	25,280	342,514
	Depreciation:
	At I April 2022	62,845		6,320	4,216	21,702	95,083
	Charge for the year	22,490				1,829	24,319
	Eliminated on disposals
	At 31March 2023	85,335		6,320	4,216	23,531	119,402
	Net Book Value:
	At 31 March 2023	221,363				1,749	223,112
	At I April 2022	243,853				2,541	246,394
1e.0	Debtors					2023	2022
	Trade debtors					54,014	15,099
	Accrued Income					44,500	62,054
	Other debtors					3,665	664
	Deferred Expense					4,296	120
						106,475	77,937
15.0	Creditors: Amounts falling	due udthin oneyear				2023	2022
	Trade creditors					15,514	8,720
	Payroll creditors					18,772	26,830
	Other creditors					36,904	35,374
	Other creditors —LTA Loan					7,500	11,250
	Accruals					39,550	48,279
	Taxation and social security					5,831	9,846
	Staff Pensions					54,374	1,837
	Deferred Income						23,167
						178,445	165,303

2023	2022
48,750	52,500

Deferred	income	comprises ofgrants received	in advance.	in advance.	Total
Balance	as at I April 2022				23,167
Amount	released	to income earned from charitable		activities	(23,167)
Amount	deferred	in year
Balance	as at 31	March 2023

Analysis ofCharitable	Funds —C	urrent Year - 2023
Vnrestri cted Funds		Balance	Incoming	Outgoing	Transfers	Balance
		I Apr 2022	Resources	Resources		31 Mar 2023
General funds		521,371	308,140	(336,304)	(15,000)	478,207
Facility Development	Fund	42,500			15,000	57,500
Total unrestricted funds		563,871	308,140	(336,304)		535,707

Analysis ofCharirable Fund	s - C	urreni	Fear —ZIJZJ	(connnuedj
Reslri cled Funds			Balance	Incoming	Outgoing	Transfers	Balance
			I Apr 2022	Resources	Resources		31 Mar 2023
						8	8
Fixed Asser
Lawn Tennis Association —Tennis LBofHaringey —Tennis Courts		Courts	62,956 58,204		(6,329) (5,291)		56,627 52,913
London Marathon Trust			35,128		(2,436)		32,692
Prism Charitable Trust —Tennis Courts			38,832		(3,246)		35,586
Restricted Funds - Fixed Assets			195,120		(17,302)		177,818
Revenue
Drapers Charitable				1,000	(1,000)
Give it your Max Charity				851	(851)
Greater London Authority				23,926	(23,926)
Greenwich Leisure Ltd				8,000	(8,000)
Isledon CIC				33,757	(33,757)
Jack Petchey Foundation				900	(900)
London Borough ofHackney				160,000	(160,000)
London Borough ofHaringey				26,350	(26,350)
London Borough ofIslington				229,904	(229,904)
London Marathon Charitable	Trust			11,000	(11,000)
London Sport —Satellite Girls+ TIF				4,606	(4,606)
Morris Charitable Trust				3,000	(3,000)
Prism Charitable Trust				15,000	(15,000)
Sport England —Tennis —Platinum		Jubilee		6,000	(6,000)
Restricted funds —Revenue Income				524,294	(524,294)
Toral Reslri cled Funds			195,120	524,294	(541,596)		177,818
Tolal Vnresrricred Funds			563,871	308,140	(336,304)		535,707
Toial Funds			758,991	832,434	(877,900)		713,525

Unrestricted Funds	Unrestricted Funds		Balance	Incoming	Outgoing	Transfers	Balance
			I Apr 2021	Resources	Resources		31 Mar 2022
					8
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
Resni cled Funds			Balance	Incoming	Outgoing	Transfers	Balance
			I Apr 2021	Resources	Resources		31 Mar 2022
Fixed Asset
Lawn Tennis Association —Tennis Courts LBofHaringey —Tennis Courts			69,285 63,495		(6,329) (5,291)		62,956 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

J8.2	Analysis	ofCharitable	ofCharitable	Funds —Details ofFunders	Funds —Details ofFunders
	Name ofunrestri ctedfund				Description, 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
Name ofrestricted fund					Description, nature ond purposes ofthefund
Drapers					Community tennis delivery for coaching children and	young	people.
GIYM	(Give it	your Max)			Tennis delivery in schools located in the London Boroughs ofHackney,				Haringey
					and Islington.
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 of popular 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 free-of-charge	spotts coaching, competitive
					opportunities and accredited training. These were	largely		delivered	at	estate,
					Youth Hubs and community venues.
London	Borough		ofHaringey		Funding for school holiday programmes.
London	Borough		ofIslington		Working with LBI, in particular the Leisure Team and			Islington	Housing
					Services alongside a range ofpartners, 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	Funding for the community tennis programmes.
London	Sport				funding comprising:
					TIF (Tackling Inequalities Fund) - a swimming programmes		for girls and
					Satellite Girls —a multi-sports programme for girls.
Morris	Charitable		Trust		Schools tennis programmes in Islington
Prism Charitable			Trust		Funding to support community tennis programmes.
Skyway	Charity				Funding for Youth Impact Partnership Programme.
Sport England					Funding for Platinum Jubilee tennis coaching for children and			young people.

19.0	Analysis ofNet Assets Between Funds - 2023	Restricted	Unrestricted	Total
		Fund	Fund	2023
	Tangible fixed assets	177,818	45,294	223,112
	Cash at bank and in hand		611,133	611,133
	Other net current assets/(liabilities)	48,750	(120,720)	(71,970)
	Long term liabilities	(48,750)		(48,750)
		177,818	535,707	713,525
/9. i	Analysis ofNet Assets Between Funds —Prior Fear 2022	Restricted	Unrestricted	Total
		Fund,	Fund	2022
				8
	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

21.0	Reconciliation ofnet movementin	funds to net cash flowfrom operating	funds to net cash flowfrom operating	activities
				2023	2022
	Net cash received (used) in operating		activities	(41,782)	(82,643)
	Net movement in funds			(45,466)	(22,625)
	Add back: depreciation charge			24,319	25,663
	Add back: repayment ofdeposits			50	50
	Deduct: interest income			(1,539)	(51)
	Decrease (increase) in debtors			(28,538)	(49,551)
	Increase (decrease) in creditors			9,392	(36,129)
	Net cash received (used) in operating		activities	(41,782)	(82,643)
21.1	Analysis ofChanges in Net Debt
			At I April	Cash-Flow	At 31March
			2022		2023
			8
	Cash in bank and in hand		652,463	(41,330)	611,133