| Company Information |
||
|---|---|---|
| Trustees' Report | 2-7 | |
| Independent Auditor's |
Report to the Trustees' | 8-10 |
| Statement ofFinancial | Activities | |
| Balance Sheet | 12 | |
| Statement ofcash flows | 13 | |
| Notes to statement of | cash flows | 14 |
| Notes to the Accounts | 15-21 |
| UNRESTRICTED | RESTRICTED | ||||||
|---|---|---|---|---|---|---|---|
| FUNDS | FUNDS | ||||||
| 2023 | 2023 | ||||||
| NOTES | f, | I | |||||
| INCOME AND EXPENDITURE | |||||||
| INCOMING RESOURCES | |||||||
| Activities for generating funds |
|||||||
| -Bducsuon programme | 706,475 | 706,475 | 593,301 | ||||
| -participation pm~ -Soctal mcluston pro~ -Doulmotw slid spollsorshlp |
274,974 19,435 |
238,321 145,084 |
513,295 145,084 19,435 |
525,958 385,630 15,340 |
|||
| 1,000,884 | |||||||
| Incoming resources fiom charitable | acttvttttm | ||||||
| -Grants | 35,433 | 224,522 | 259,955 | 290,363 | |||
| Government Grants |
|||||||
| -Job Retention Scheme | 501 | ||||||
| -Apprenticeship Burssries |
19,150 | 19,150 | 11,500 | ||||
| Investment income |
2,742 | 2,742 | 391 | ||||
| TOTAL INCOMING RESOURCES | 1,058,209 | 607,927 | 1,666,136 | 1,822,984 | |||
| RESOURCES EXPENDED | |||||||
| Cost ofcharitable activities |
1,188,789 | 668,615 | 1,857,404 | 1,827,645 | |||
| Governance costs |
2,374 | 4,747 | 7,121 | 6,672 | |||
| Total Resources Expended | 1,191,163 | 673,362 | 1,864,525 | 1,834,317 | |||
| NET INCOMING RESOURCES FORTHE PERIOD | |||||||
| STATEMENT OP ACCUMULATED PUNDS |
|||||||
| Accumulated funds brought |
forward | 313,985 | 219,942 | 533,927 | 545260 | ||
| Nct movement iu funds |
(132,954) | (65,435) | (198389) | (11,333) | |||
| Transfer between funds |
|||||||
| Accmnuluted funds carried |
forward | at31August 2023 | 335,538 | 533927 |
| YEAR ENDED | 31AUGUST | 2023 | |||
|---|---|---|---|---|---|
| 2023 | 2022 | ||||
| NOTES | |||||
| FIXEDASSETS | |||||
| Tangible Assets | 50,661 | 67452 | |||
| CURRENT ASSETS | |||||
| Debtors | 237,479 | 290,170 | |||
| Cash at bank and in hand | 264,448 | 465,731 | |||
| 501,927 | 755,901 | ||||
| CREDITORS: | |||||
| Amounts falling due within one year |
10 | 217,050 | 289 226 | ||
| NET CURRENT ASSETS | 284,877 | 466,675 | |||
| NET ASSETS | 333 338 | 533,927 | |||
| FUNDS OFTHE CHARITY | |||||
| Unrestricted fimds |
12,15 | 181,031 | 313,985 | ||
| Restricted funds |
13,15 | 154,507 | 219,942 | ||
| 335,538 | 533,927 |
| 2023 | 2022 | ||
|---|---|---|---|
| Note | |||
| Cash flows from operating activities |
|||
| Cash generated from operations |
(202,786) | 36,446 | |
| Net cash from operating activities |
1 | (202,786) | 36,446 |
| Cash flows from investmg activities |
|||
| Purchase oftangible fixed assets | (1,239) | (48,683) | |
| Interest received | 2,742 | 391 | |
| Net cash from investing activities |
1,503 | (48,292) | |
| (Decrease)/increase in cash and cash equivalents |
(201,284) | (11,846) | |
| Cash and cash equivalents at beginning ofyear |
465,731 | 477,577 | |
| Cash and cash equivalents at end ofyear |
2 | 264,448 | 465,731 |
| 2023 | 2022 | |
|---|---|---|
| Incoming / (Outgoing) resources for the year |
(198,389) | (11,333) |
| Depreciation charges |
17,830 | 17,855 |
| Finance income | (2,742) | (391) |
| (183,301) | 6,131 | |
| Decrease in trade and other debtors | 52,691 | (35,060) |
| Increase in trade and other creditors | (72,176) | 65,375 |
| Cash generated from operations | (202,786) | 36,446 |
| Cash aud cash equivalents | ||
| Year ended 31August 2023 | ||
| 3V08/2023 | 0V09/2022 | |
| Cash aud cash equivalents | 264,448 | 465,731 |
| Year ended 31August 2022 | ||
| 3V08/2022 | 01/09/2021 | |
| f | ||
| Cash snd cash equivalents | 465,731 | 477,577 |
| 2023 | 2023 | 2023 | 2022 | ||||
|---|---|---|---|---|---|---|---|
| f | |||||||
| Unrestricted | Restricted | Total | Total | ||||
| Funds | Funds | Funds | Funds | ||||
| 2. | AC~ FOR GENERATING FUNDS | ||||||
| Education programme |
706,475 | 706,475 | 593,301 | ||||
| Participation programme |
274,974 | 238,321 | 513,295 | 525,958 | |||
| Social inclusion programme |
145,084 | 145,084 | 385,630 | ||||
| Donations and sponsorship |
19,435 | 19,435 | 15,340 | ||||
| 1,000,884 | 383,405 | 1,384,289 | L520229 | ||||
| 3. | INCOMING RESOURCES FROM CHARITABLE | ACTIVITIES | |||||
| Core funding | 35,433 | 35,433 | 41,000 | ||||
| Premier League | 224,522 | 224,522 | 249,363 | ||||
| 35,433 | 224,522 | 259,955 | 290,363 | ||||
| 4. | OTHER INCOME | ||||||
| Job Retention Scheme |
501 | ||||||
| Apprenticeship Bursaries |
19,150 | 19,150 | 11,500 | ||||
| Interest Received | 2,742 | 2,742 | 391 | ||||
| 21,892 | 21,892 | 12,392 | |||||
| 5. | TOTAL RESOURCES EXPENDED | ||||||
| Cost ofcharitable activities |
|||||||
| Staff costs | 777,284 | 386,377 | 1,163,661 | 1,170,018 | |||
| Pension | 6,634 | 13,268 | 19,902 | 18,261 | |||
| Motor and travel expenses | 3,211 | 8,477 | 11,688 | 12,265 | |||
| Facility and equipment | maintenance | 1,977 | 1,977 | 4,191 | |||
| Postage, stationery and |
advertising | 8,441 | 6,900 | 15,341 | 13,322 | ||
| Rent and rates | 53,456 | 4,147 | 57,603 | 58,902 | |||
| General costs | 28,515 | 56,195 | 84,710 | 97,915 | |||
| Depreciation | 17,829 | 17,829 | 17,854 | ||||
| Bank charges | 720 | 1,440 | 2,160 | 2,014 | |||
| Education costs | 70,433 | 70,433 | 43,849 | ||||
| Participation funded programme |
costs | 53,004 | 15,308 | 68,312 | 46,754 | ||
| Gym costs | 15,505 | 15,505 | |||||
| NCS costs | 141,500 | 170,784 | 312,284 | 314,307 | |||
| Repairs and renewals | 10,169 | 5,719 | 15,888 | 17,743 | |||
| Bad debts written off | 110 | 110 | 10,250 | ||||
| 1,1S8,789 | 668,615 | 1,857,404 | 1,827,645 | ||||
| Governance costs |
|||||||
| Legal and professional | 113 | 227 | 340 | 556 | |||
| Auditors' remuneration |
2,261 | 4,520 | 6,781 | 6,116 | |||
| 2,374 | 4,747 | 7,121 | 6,672 |
| 6. | ' | STAFF COSTS AND NUMBERS | STAFF COSTS AND NUMBERS | STAFF COSTS AND NUMBERS | STAFF COSTS AND NUMBERS | STAFF COSTS AND NUMBERS | 2023 | 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| Wages and | salaries | 1,079,958 | 1,090,926 | |||||||
| Employers | National | Insurance | costs | 83,703 | 79,092 | |||||
| Pension costs | 19,902 | 18,261 | ||||||||
| 1,183,563 | 1,188,279 | |||||||||
| Particulars | ofemployees: | |||||||||
| The average | number | ofemployees | permanently | engaged in the management | and | |||||
| administration ofthe |
Charity | was: | 2023 | 2022 | ||||||
| No. | No. | |||||||||
| 51 | 59 |
| The number ofemployees who received total employee bene 860,000 is as follows; |
fits (excluding employer pension |
costs | ofmore | |
|---|---|---|---|---|
| 2023 | 2022 | |||
| No. | No. | |||
| f60,001 —f70,000 | 1 | |||
| 7. | NET INCOMING RESOURCES |
| Net incoming resources | are stated after charging: | ||
|---|---|---|---|
| 2023 | 2022 | ||
| Staff pension contributions | 19,902 | 18,261 | |
| Depreciation | 17,830 | 17,855 | |
| Auditors' remuneration |
- Audit services | 6,781 | 6,116 |
| Fixtures and | Gym | Ofhce | |||||
|---|---|---|---|---|---|---|---|
| Fittings f |
Equipment | Equipment | Total f |
||||
| COST | |||||||
| At 1 September 2022 | 13,172 | 71,391 | 27,001 | 111,564 | |||
| Additions | 1,239 | 1,239 | |||||
| Disposals | |||||||
| At 31August | 2023 | 13,172 | 71,391 | 28,240 | 112,803 | ||
| DEPRECIATION | |||||||
| At 1 September 2022 | 7,017 | 14,485 | 22,810 | 44,312 | |||
| Charge for period | 4,158 | 10,199 | 3,473 | 17,830 | |||
| Eliminated on disposal |
|||||||
| At 31August | 2023 | 11,175 | 24,684 | 26,283 | 62,142 | ||
| NET BOOK | VALUE | ||||||
| At 31August | 2023 | 1,997 | 46,707 | 1,957 | 50,661 | ||
| At 31August | 2022 | 6,155 | 56906 | 4,191 | 67,252 | ||
| 9. DEBTORS | |||||||
| 2022 | |||||||
| f | |||||||
| Operational debtors |
74,830 | 69,216 | |||||
| Prepayments | and accrued | income | 31,323 | 85,208 | |||
| Other debtors | 131,326 | 135,746 | |||||
| 237,479 | 290,170 | ||||||
| 10.CREDITORS: Amounts | falling | due within one year | |||||
| 2023 | 2022 | ||||||
| f | f | ||||||
| Operational creditors |
44,447 | 117,456 | |||||
| Accruals aud | deferred income | 150,420 | 147,850 | ||||
| Social security &other taxes | 20,447 | 22,866 | |||||
| Other creditors | 1,736 | 1,054 | |||||
| 217,050 | 289,226 | ||||||
| 11.DEFERRED | INCOME | ||||||
| Income | Amounts | ||||||
| At 01.09.22 | deferred | released | At 3L0823 | ||||
| f | f | f | f, | ||||
| Deferred income | 133,333 | 144,345 | 133,333 | 144,345 | |||
| 133,333 | 144,345 | 133,333 | 144,345 |
| UNRESTRICTED FUNDS | |
|---|---|
| Year ended | |
| 31-Aug-23 | |
| g | |
| As at 31August 2021 | 418,885 |
| Deficit for the year | (104,900) |
| As at 31August 2022 | 313,985 |
| Deficit for the year | (132,954) |
| As at 31August 2023 | 181,031 |
| Movement | in funds | |||
|---|---|---|---|---|
| A10L0922 | Incondng | Outgoing | At 31.08.23 | |
| Foundation | (494,600) | 238,321 | (153,850) | (410,129) |
| Education | 394,824 | (2,171) | 392,653 | |
| NCS | (102,258) | 145,084 | (202,395) | (159,569) |
| Premier League | 393,540 | 224,522 | (286,510) | 331,552 |
| Gym | 28,436 | (28,436) | ||
| Total Funds | 219,942 | 607,927 | ~673,362 | 154,507 |
| Unrestricted | Restricted | Total | Total | |
|---|---|---|---|---|
| Funds | Fllnils | Funds | Funds | |
| 2023 | 2023 | 2023 | 2022 | |
| g | g | f. | ||
| Tangible fixed assets | 50,661 | 50,661 | 67,252 | |
| Cash at bank | 13,275 | 251,173 | 264,448 | 465,731 |
| Debtors | 189,800 | 47,679 | 237,479 | 290,170 |
| Creditors | (72,705) | (144,345) | (217,050) | (289,226) |
| 181,031 | 154,507 | 335,538 | 533,927 |
| Incoming Outgoing |
||||
|---|---|---|---|---|
| At 01.0922 Resources Resources |
At31.08.23 | |||
| Restricted Funds Unrestricted Funds General Total Funds |
8 8 219,94,» ~6», 6 9,5, ~8 5339»,666,1 6 ~1.8645 |
f 1 5» |
.93 . 38 |