|||Page||
|---|---|---|---|
|Report ofthe Trustees||1 to|7|
|Report ofthe Independent|Auditors|8 to|10|
|Statement of Financial Activities||||
|Balance Sheet||12||
|Cash Flow Statement||13||
|Notes tothe Financial Statements||14 to|23|
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||||||2021|2020|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||funds|funds|funds|funds|
|||Notes|E|E|E|f|
|INCOME AND ENDOWMENTS|FROM||||||
|Donations
and legacies|||35,000|32,576|67,576|46,447|
|Charitable
activities|||||||
|Charitable
activities|||86,258|1,236,651|1,322,909|1,122,432|
|Other trading activities|||14,120|40,873|54,993|118,221|
|Other income|||29,319|82,671|111,990|141,302|
|Total|||164,697|1,392,771|1,557,468|1,428,402|
|EXPENDITURE ON|||||||
|Charitable
activities|||||||
|Charitable
activities|||272,664|994,785|1,267,449|1,210,895|
|NET INCOME/(EXPENDITURE)|||(107,967)|397,986|290,019|217,507|
|RECONCILIATION
OF FUNDS|||||||
|Total funds brought forward|||402,720|103,548|506,268|288,761|
|TOTAL FUNDS CARRIED FORWARD|||294,753|501,534|796,287|506,268|
##
||2~2A|2221|||
|---|---|---|---|---|
||||2021|2020|
||Notes||E|E|
|FIXEDASSETS|||||
|Tangible assets|12||107,326|128,998|
|CURRENT ASSETS|||||
|Debtors|13||42,095|54,458|
|Cash at bank and in hand|||815,620|540,357|
||||857,715|594,815|
|CREDITORS|||||
|Amounts
falling due within one year|||(168,754)|(217,545)|
|NET CURRENT ASSETS|||688,961|377,270|
|TOTAL ASSETS LESSCURRENT LIABIUTIES|||796,287|506,268|
|NET ASSETS|||796,287|506,268|
|FUNDS|18||||
|Unrestricted
funds:|||||
|General fund|||199,752|190,538|
|Designated|||95,000|212,182|
||||294,752|402,720|
|Restricted funds|||501,535|103,548|
|TOTAL FUNDS|||796,287|506,268|
|||||Cash Flow Statement|||
|---|---|---|---|---|---|---|
||||forthe|Year Ended 31Au ust|2021||
||||||2021|2020|
||||Notes||E|E|
|Cash flows from operating|activities||||||
|Cash generated
from operations|||20||273,864|196,932|
|Net cash provided
by operating
activities|||||273,864|196,932|
|Cash flows from investing|activities||||||
|Purchase oftangible
fixed|assets|||||(102,416)|
|Net cash provided
by/(used|in) investing||activities|||(102,416)|
|Change
in cash and cash equivalents||in the|||||
|reporting
period|||||273,864|94,516|
|Cash and cash equivalents|atthe beginning||||||
|ofthe reporting
period|||21||540,357|445,841|
|Cash and cash equivalents|at the end|of|||||
|the reporting
period|||21||814,221|540,357|
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|Short leasehold|Straight|line over 7years|
|---|---|---|
|Plant and machinery|59oon cost||
|Fixtures and fittings|1096on|cost|
|Motor vehicles|Straight|line over 3years|
|Computer equipment|25%on|cost|
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||for the Y|for the Y|ear Ended 31Au u|st 2021|||
|---|---|---|---|---|---|---|
|2.|DONATIONS AND LEGACIES||||||
||||||2021|2020|
||||Unrestricted|Restricted|Total|Tota
I|
||||funds|funds|funds|funds|
||||E|E|E|E|
||Donations|||1,140|1,140|11,447|
||Grants||35,000|31,436|66,436|35,000|
||||35,000|32,576|67,576|46,447|
|3.|OTHER TRADING ACTIVITIES||||||
||||||2021|2020|
||||Unrestricted|Restricted|Total|Tota I|
||||funds|funds|funds|funds|
||||E|E|E|E|
||Events income||14,120|40,873|54,993|118,221|
|4.|INCOME FROM CHARITABLE ACTIVITIES||||||
||||||2021|2020|
||||||Charitable|Tata I|
||||||activities|activities|
||||||E|E|
||Sports, inclusion
and participation||||369,632|238,993|
||Education|programme|||851,935|782,040|
||Health programme||||101,342|101,399|
||||||1,322,909|1,122,432|
|5.|OTHER INCOME||||||
||||||2021|2020|
||||Unrestricted|Restricted|Total|Total|
||||funds|funds|funds|funds|
||||E|E|E|E|
||CIRS grant||9,632|82,671|92,303|119,082|
||Other COVID grants||10,000||10,000|22,220|
||Other income||9,687||9,687||
||||29,319|82,671|111,990|141,302|
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|6.|CHARITABLE AC|TIVIT|IES C|OSTS||||
|---|---|---|---|---|---|---|---|
||||||||Direct|
||||||||Costs (see|
||||||||note 7)|
||||||||E|
||Charitable
activities||||||1,267,449|
|7.|DIRECT COSTS OF CHARITABLE ACTIVITIES|||||||
|||||||2021|2020|
|||||||E|E|
||Staff costs|||||783,585|787,538|
||Facility costs|||||242,528|167,744|
||Motor and travel|expenses||||29,729|41,493|
||Direct costs and|equipment||||90,973|99,401|
||Post, stationery|and advertising||||26,258|15,294|
||Legal and professional||fees|||20,017|21,229|
||General property|and|overhead||costs|44p912|49,441|
||Audit fees|||||7,776|6,660|
||Depreciation|||||20,614|22,095|
||Loss on sale ofassets|||||1,057||
|||||||1,267,449|1,210,895|
|8.|NET INCOME/(EXPENDITURE)|||||||
||Net income/(expenditure)|||is stated after charging/(crediting):||||
|||||||2021|2020|
|||||||E|E|
||Depreciation
-owned||assets|||20,615|14,631|
||Deficit on disposal of||fixed|assets||1,057||
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|||||2021|2020|
|---|---|---|---|---|---|
|||||E|E|
|Wages and|salaries|||722,130|722,631|
|Socia I security costs||||46,105|51,754|
|Other pension costs||||15,350|13,153|
|||||783,585|787,538|
|The average|monthly|number ofemployees|during the year was asfollows:|||
|||||2021|2020|
|Employees||||57|66|
##
|||Unrestricted|Restricted|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||E|E|E|
|INCOME AND ENDOWMENTS|FROM||||
|Donations
and legacies||46,447||46,447|
|Charitable
activities|||||
|Charitable
activities||816,637|305,795|1,122,432|
|Other trading activities||28,766|89,455|118,221|
|Other income||119,082|22,220|141,302|
|Total||1,010,932|417,470|1,428,402|
|EXPENDITURE ON|||||
|Charitable
activities|||||
|Charitable
activities||789,055|421,840|1,210,895|
|NET INCOME/(EXPENDITURE)||221,877|(4,370)|217,507|
|Transfers between funds||(26,393)|26,393||
|Net movement
in funds||195,484|22,023|217,507|
|RECONCILIATION
OF FUNDS|||||
|Total funds brought forward||207,236|81,525|288,761|
||Notes tothe Financial Statements - continued
for the Year Ended 31Au ust 2021|Notes tothe Financial Statements - continued
for the Year Ended 31Au ust 2021|||
|---|---|---|---|---|
|11.|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued||||
|||Unrestricted|Restricted|Total|
|||funds|funds|funds|
|||E|E|f|
||TOTAL FUNDS CARRIED FORWARD|402,720|103,548|506,268|
|12.|TANGIBLE FIXEDASSETS||||
|||||Fixtures|
|||Short|Plant and|and|
|||leasehold|machinery|fittings|
|||E|f|E|
||COST||||
||At 1September 2020|102,416|15,000|35,220|
||Disposals||||
||At 31August 2021|102,416|15,000|35,220|
||DEPRECIATION||||
||At 1September 2020|14,631|1,313|13,928|
||Charge for year|14,631|750|3,522|
||Eliminated
on disposal||||
||At 31August 2021|29,262|2,063|17,450|
||NET BOOK VALUE||||
||At31August 2021|73,154|12,937|17;770|
||At 31August 2020|87,785|13,687|21,292|
|||Motor|Computer||
|||vehicles|equipment|Totals|
|||E|E|E|
||COST||||
||At 1September 2020|8,127|12,021|172,784|
||Disposals||(1,320)|(1,320)|
||At31August 2021|8,127|10p701|171,464|
||DEPRECIATION||||
||At 1September 2020|6,928|6,986|43,786|
||Charge for year|1,199|513|20,615|
||Eliminated
on disposal||(263)|(263)|
||At 31August 2021|8,127|7,236|64,138|
||NET BOOK VALUE||||
||At 31August 2021||3,465|107p326|
||At 31August 2020|1,199|5,035|128,998|
##
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||||||2021|2020|
|---|---|---|---|---|---|---|
||||||E|E|
||Trade debtors||||21,147|38,398|
||Other debtors||||1,060|12,946|
||Prepayments
and accrued|||income|19,888|3,114|
||||||42,095|54,458|
|14.|CREDITORS: AMOUNTS||FALLING DUE WITHIN ONE YEAR||||
||||||2021|2020|
||||||E|E|
||Bank loans and overdrafts|||(see note 15)|1,399||
||Trade creditors||||74,807|26,008|
||Social security and other||taxes||18,116|11,878|
||Other creditors|||||270|
||Accruals and deferred|income|||74,432|179,389|
||||||168,754|217,545|
|15.|LOANS||||||
||An analysis ofthe maturity|||ofloans is given below:|||
||||||2021|2020|
||||||E|E|
||Amounts
falling due within|||one year on demand:|||
||Bank overdrafts||||1,399||
|16.|LEASING AGREEMENTS||||||
||2021|2020|
|---|---|---|
||E|E|
|Within one year|48,312|56,579|
|Between one and five years|231,000|200,112|
|In more than five years|759,000|792,000|
||1,038,312|1,048,691|
##
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|17.|ANALYSIS O|F N|E|T ASSETS BETWE|EN FUNDS||||
|---|---|---|---|---|---|---|---|---|
||||||||2021|2020|
||||||Unrestricted|Restricted|Total|Total|
||||||funds|funds|funds|funds|
||||||E|E|E|E|
||Fixed assets||||107,326||107,326|128,998|
||Current assets||||356,180|501,535|857,715|594,815|
||Current
liabilities||||(168,754)||(168,754)|(217,545)|
||||||294,752|501,535|796,287|506,268|
|18.|MOVEMENT|IN|FUNDS||||||
|||||||Net|Transfers||
|||||||movement|between||
||||||At 1/9/20|in funds|funds|At 31/8/21|
||||||E|E|E|E|
||Unrestricted|funds|||||||
||General fund||||190,538|(107,968)|117,182|199,752|
||Designated||||212,182||(117,182)|95,000|
||||||402,720|(107,968)||294,752|
||Restricted funds||||||||
||Sports, inclusion|||and participation|14,161|62,975||77,136|
||Health||||66,210|18,935||85,145|
||Education||||5,499|333,755||339,254|
||General||||2,376|(2,376)|||
||Other coronavirus|||grants|15,302|(15,302)|||
||||||103,548|397,987||501,535|
||TOTALFUNDS||||506,268|290,019||796,287|
||Net movement||in funds, included||in the above are as follows:||||
|||||||Incoming|Resources|Movement|
|||||||resources|expended|in funds|
|||||||E|E|E|
||Unrestricted|funds|||||||
||General fund|||||164,697|(272,665)|(107,968)|
||Restricted funds||||||||
||Sports, inclusion|||and participation||354,098|(291,123)|62,975|
||Health|||||108,219|(89,284)|18,935|
||Education|||||858,106|(524,351)|333,755|
||General|||||72,348|(74,724)|(2,376)|
||Other coronavirus|||grants|||(15,302)|(15,302)|
|||||||1,392,771|(994,784)|397,987|
||TOTAL FUNDS|||||1,557,468|(1,267,449)|290,019|
##
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|||||Net|Transfers||
|---|---|---|---|---|---|---|
|||||movement|between||
||||At 1/9/19|in funds|funds|At 31/8/20|
||||E|E|E|E|
|Unrestricted|funds||||||
|General fund|||170,278|(87,987)|108,247|190,538|
|Designated|||36,958|309,864|(134,640)|212,182|
||||207,236|221,877|(26,393)|402,720|
|Restricted funds|||||||
|Sports, inclusion||and participation||(36,749)|50,910|14,161|
|Health|||63,097|6,498|(3,385)|66,210|
|Education|||5,499|||5,499|
|General|||12,929|6,606|(17,159)|2,376|
|Other coronavirus||grants||19,275|(3,973)|15,302|
||||81,525|(4,370)|26,393|103,548|
|TOTAL FUNDS|||288,761|217,507||506,268|
||||Incoming|Resources|Movement|
|---|---|---|---|---|---|
||||resources|expended|in funds|
||||E|E|E|
|Unrestricted|funds|||||
|General fund|||224,477|(312,464)|(87,987)|
|Designated|||786,455|(476,591)|309,864|
||||1,010,932|(789,055)|221,877|
|Restricted funds||||||
|Sports, inclusion||and participation|204,396|(241,145)|(36,749)|
|Health|||101,399|(94,901)|6,498|
|General|||89,455|(82,849)|6,606|
|Other coronavirus||grants|22,220|(2,945)|19,275|
||||417,470|(421,840)|(4,370)|
|TOTAL FUNDS|||1,428,402|(1,210,895)|217,507|
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|||||||2021|2020|
|---|---|---|---|---|---|---|---|
|||||||E|E|
|Net income for the|reporting||period (asper the|Statement ofFinancial||||
|Activities)||||||290,019|217,507|
|Adjustments
for:||||||||
|Depreciation
charges||||||20,614|22,095|
|Loss on disposal of|fixed assets|||||1,058||
|Decrease/(increase)||in debtors||||12,363|(23,154)|
|Decrease in creditors||||||(50,190)|(19,516)|
|Net cash provided|by operations|||||273,864|196,932|
|ANALYSIS OF CASH|AND CASH||EQUIVALENTS|||||
|||||||2021|2020|
|||||||E|E|
|Cash in hand||||||121||
|Notice deposits (less||than 3 months)||||815,499|540,357|
|Overdrafts
included||in bank loans and overdrafts||falling due within one|year|(1,399)||
|Total cash and cash|equivalents|||||814,221|540,357|
|ANALYSIS OF CHANGES IN NET FUNDS||||||||
|||||At 1/9/20||Cash flow|At 31/8/21|
||||||E|E|E|
|Net cash||||||||
|Cash at bank and in|hand|||540,357||275,263|815,620|
|Bank overdraft||||||(1,399)|(1,399)|
|||||540,357||273,864|814,221|
|Total||||540,357||273,864|814,221|