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2021-05-31-accounts

Reference and Administrative Detaiis	Reference and Administrative Detaiis
Trustees' Report		2to5
Statement ofTrustees'	Responsibilities
independent Auditors'	Report	7to9
Statement of Financial	Activities	10to 11
Balance Sheet
Statement ofCash Flows
Notes to the Financial	Statements	14to 21

			and Losses)
			unrestricted	Restricted		Total	Tekel
			fundsf		funds	2021	2020
Income and Endowments		from:
Charitable activities			72,854		477,1'l5	549,969	658,777
Other income			9.900		49 552	59,452	18,856
Total income			82,754		526,667	609,421	677,633
Expenditure on: Charitable activities			~{77577,		{399,D65}	~476,642	~699,789}
Total expenditure			~TT57T	~,	399,065	~476,642	~699,789
Net income/(expenditure) Transfers between funds			5,'l77 ~3,660		127,602 3,660	132,779	(22,156)
Net movement in funds			1,517		131,262	132,779	(22,156)
Reconciliation offunds
Total funds brought	forward		98,318			98,318	120,474
Total funds carried	forward		99,835		131,262	231,097	98,318

			and Losses	)
				Unrestricted	Restricted	Total
				funds	funds	2020
			Note
Income and Endowments		from:
Charitable activities				83,070	575,707	658,777
Other income				3,775	15681	18,856
Total income				86,845	590,788	677,633
Expenditure on: Charitable activities				~764(77,	~(623,372	(699,789
Total expenditure				~76,417	~823,372
Net income/(expenditure) Transfers between funds				10,428 ~(31,822	(32,584) 31,822	(22,156)
Net movement in funds				(21,394)	(762)	(22,156)
Reconciliation offunds
Total funds brought	fon(vard				762	120,474
Total funds carried	forward		15	98,318		98,318

Fhed assets
Tangible assets			32„743	17,980
Current assets
Debtors		9	61,246	58,758
Cash at bank and in hand		10	306,306	'l69,741
			367,552	228,499
Creditors: Amounts	falHng due within one year	11	~129.846	~98,161
Net current assets			232706	130,338
Total assets less current liabilibes Creditors: Amounts falling due after more than one year		12	270.449 ~39.352	148,318 ~50.000
Net assets			231,097	98,318
Funds ofthe charRy. "
Restricted income funds
Restricted funds			131,262
Unrestricted income	funds
Unrestricted funds			99,835	98,318
Total funds			231,097	98,318

			Note	2621 f	2026 f
Cash flows from operating	activities
Net cash incomef(expenditure)				132,779	(22,156)
Adjustments tocash flows	from non~h	items
Depreciation Profit on disposal of tangible	fixed assets			7,015	8,286 ~543)
				139,794	(14,413)
titforking capital adjustments
Increase in debtors				(2,488)	(17,193)
(Decrease)lincrease in creditors				(12,979)	26,427
Increase in deferred income				34,016	31,902
Net cash flows from operating	activities			158,343	26,723
Cash flows from investing acttvifjes
Purchase oftangible fixed assets				(21,778)	(10,015)
Sale oftangible fixed assets					1,100
Net cash flows from investing	activities			(21,778)	(8,915)
Cash flows from flnancing activities
Repayment ofloans and borrowings					50,000
Net increase in cash and cash equivalents				136,565	67,808
Cash and cash equivalents at	1 June			169,741	101,933
Cash and cash equivalents at	31 May			306,306	169„741

The aggregate	payroH costs were as follows:
		2021	2020
Wages and salaries		303,940	374,1?7
Social security	costs	16,119	20,495
Pension costs		5,194	5,265
		325,253	399,937

8	Tangible fixed assets
		Plant and
		machinery
		including	Fbrtures,
		motor	fittings and
		vehicles F	equipment	Total f
Cost
At	1 June 2020	20,108	39,309	59,417
Additions		18,995	2,783	21,778
At	31 May 2021	39,103	42092	81,195
Depreciation
At	1 June 2020	12,239	29,198	41,437
Charge for the year		1,689	5,326	7,015
At	31 May 2021	13,928	34,524	48,452
Net book value
At	31 May 2021	25,175	7,588	32,243
At	31 May 2020	7,869	10,111	17,980
9	Debtors

9 Debtors
	202'l	2020
Trade debtors	26,974	16,391
Pre payments	31,691	34,826
Accrued income	1,572	7,541
Other debtors	1,009
	61,246	58,758

10Cash and cash	equivalents	equivalents	equivalents
				2021	2020
Cash at bank				306,306	169,741
11Creditors: amounts		falling due within one year
				2021f	2020
Bank loans				10,648
Trade creditors				35,186	46,509
Other taxation and	social		security	3,623	8,344
Other creditors				6,483	3,376
Accruals				7,988	8,030
Deferred income				65,918	31,902
				129,846	98,161
				2021	2020
					E
Deferred income at	1 June 2020			3'I,902
Resources deferred	in the		period	34,016	31,902
Deferred income at	year	end		65,918	31,902

12Creditors: amounts falling due after one year
	2021	2020
Bank loans	39,352	50,000
13Pension and other schemes

15Funds
		Balance at 1	Incoming	Resources		Balance at 31
		June 2020	resources	expended	Transfers	May 2021
Unrestricted	funds
General
Unrestricted	fund	98,318		(77,577)	(3,660)	99,835
Restricted funds
Futsal			169,825	(119,801)		50,024
NCS			182,692	(140,169)		42,523
PL Primary	Stars		40,000	(29,560)		10,440
PL Kicks			21,825	(14,363)		7,462
EFL			40,500	(25,430)		15,070
Bishop Grosseteste
Funding Other			15,591 6.682	(9,848) ~10,342	3,660	5,743
Total restricted funds			477,115	~349,513)		131,262
Totai funds		S6,318	559,869	~427,090		231,097

				Total funds
		Unrestricted		at 31 May
		Funds	Restricted	2021
				K
Tangible	Axed assets	32,743		32,743
Current	assets	1?0,376	197,176	367,552
Current Creditors	liabilities over 1 year	(63,932) 39,352	(65,914)	(129,846) ~39,352
Total net assets		99,835	131,262	231,097

	Notes to the Financial	Statements for the Year Ended	31 Wlay 202	1
		Unrestricted		Total funds
		funds	Restricted	at31 May
		General	funds	2020
Tangible	sxed assets	17,980		17,980
Current	assets	196,597	31,902	228,499
Current Creditors	liabilities over 1 year	(66,259) 50,000	(3'f,902)	(98,161) ~)50,000
Total net assets				98,31S

17Analysis ofnet funds
			Other non
	At 1dune	Financing	cash	At 31 May
	2020	cash flows	changes	2021
		f.
Cash at bank and in hand	169,74'l	136,565		306,306
Debt due within one year Debt due after more than one year	~50,000)		(10,648) 10,545	(10,648) ~39,352)
Net debt	119,741	136,565		256,306