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2022-03-31-accounts

Pages
Trustees'
Annual
Report
Independent
Examiner's		 Report
Statement of FinancialActivities
Summary
Income and Expenditure		 Account
Balance Sheet
Statement ofCash flows
Notes to the Accounts 9-14
Detailed Statement ofFinancial Activities 15-16

BRADFORD SPORTING ASSOCI
Statement ofFinancial Activitie
forthe year ended 31March		 ATION LIMITED
s
2022
Unrestricted Restricted
funds funds Total funds Total funds
2022 2022 2022 2021
Notes E E E
Income and endowments
from:
Donations
and legacies		 1 1
Other trading activities 25,854 25,854 5,190
Other 19,431
Total 25,855 25,855 24,621
Expenditure
on:
Other 27,273 27,273 22,107
Total 27,273 27,273 22,107
Net gains on investments
Net (expenditure)/income (1,418) (1,418) 2,514
Transfers between
funds
Net (expenditure)/income (1,418) (1,418) 2,514
before other gains/(losses)
Other gains and losses
Net movement
in funds		 (1,418) (1,418) 2,514
Reconciliation offunds:
Total funds brought forward 357,834 636,115 993,949 991,434
Total funds carried forward 356,416 636,115 992,531 993,948

2022 2021
E E
Income 25,855 24,621
Gross income for the year 25,855 24,621
Expenditure 21,747 9,953
Depreciation and charges for
impairment offixed assets 5,526 12,154
Total expenditure forthe year 27,273 22,107
Net (expenditure)/income before tax
forthe year (1,418) 2,514
Net (expenditure)/income for the year (1,418) 2,514

at 31March 202 2 2
Company
No.		 05844450 Notes 2022 2021
E E
Fixed assets
Tangible assets 10 978,886 975,944
978,886 975,944
Current assets
Debtors 11 4,000 2,000
Cash at bank and in hand 10,044 16,005
14,044 18,005
Creditors: Amount falling due within one year 12 (399) (1)
Net current assets 13,645 18,004
Total assets less current liabilities 992,531 993,948
Net assets excluding pension asset or liability 992,531 993,948
Total net assets 992,531 993,948
The funds ofthe charity
Restricted funds 13
Restricted income funds 636,115 636,115
636,115 636,115
Unrestricted
funds		 13
General funds 356,416 357,834
356,416 357,834
Reserves 13
Total funds 992,531 993,949

2022 2021
E E
Cash flows from operating
activities
Net (expenditure)/income
per Statement		 ofFinancialActivities (1,418) 2,514
Adjustments
for:
Depreciation
of property,
plant and equipment		 5,526
Increase
in trade and other receivables		 (2,000)
Decrease in trade and other payables (624)
Net cash provided
by/(used
In) operating		 activities 2,108 (17,541)
Cash flows from investing
activities
Payments for property,
plant and equipment		 (8,468)
Net cash (used in)/from
investing
activities		 (8,468) 19,431
Net cash from financing
activities
Net (decrease)/increase
in cash and cash equivalents		 (6,360) 1,890
Cash and cash equivalents
at the beginning		 ofthe year 16,005 3,026
Cash and cash equivalents
at the end ofthe		 year 9,645 4,916
Components
ofcash and cash equivalents
Cash and bank balances 10,044 16,005
10,044 16,005

January 2015) - (Charities SORP (FRS102)),the Financial
Reporting
Republic of Ireland
(FRS102) and the Companies
Act 2006.		 January 2015) - (Charities SORP (FRS102)),the Financial
Reporting
Republic of Ireland
(FRS102) and the Companies
Act 2006.		 January 2015) - (Charities SORP (FRS102)),the Financial
Reporting
Republic of Ireland
(FRS102) and the Companies
Act 2006.		 January 2015) - (Charities SORP (FRS102)),the Financial
Reporting
Republic of Ireland
(FRS102) and the Companies
Act 2006.		 Standard
 a pp licable
in t		 he UK a nd
Change
in basis ofaccounting orto previous accounts
There has been no change to the accounting
policies (valuation
rules and method		 ofaccounting) since
last year and no changes have been made to accounts for previous years.
Fund accounting
Unrestricted funds These are available for use at the discretion ofthe trustees in furtherance of the
general objects ofthe charity.
Designated funds These are unrestricted
funds earmarked
by		 the trustees for particular purposes.
Revaluation funds These are unrestricted
funds which include		 a revaluation reserve representing the
restatement
of investment
assets at their market values.
Restricted funds These are available for use subject to restrictions
imposed		 by the donor or through
terms ofan appeal.
Income
Recognition of Income is included
in the Statement of Financial Activities		 (SoFA) when the charity
income becomes entitled to, and virtually
certain to receive, the		 income and the amount of
the income can be measured
with sufficient		 reliability.
Income with related Where income has related expenditure
the		 income and related expenditure is
expenditure reported
gross in the SoFA.
Donations and Vol'untary
income received by way of grants, donations		 and gifts is included in the
legacies the SoFA when receivable
and
only when the Charity has		 unconditional
entitlement
to the income.
Tax reclaims on Income from tax reclaims is included
in the		 SoFA at the same time as the
donations and gifts gift/donation
to which
it relates.
Donated
services		 These are only included
in income (with an		 equivalent
amount
in expenditure)
and facilities where the benefit to the Charity
is reasonably
quantifiable,		 measurable and
material.
Volunteer help The value ofany volunteer
help received
is		 not included in the accounts.
Investment income This is included
in the accounts when receivable.
Gains/(losses)
on		 This includes any gain or loss resulting
from		 revaluing
investments
to		 market value
revaluation offixed at the end ofthe year.
assets
Gains/(losses)
on		 This includes
any gain or loss on the sale of		 investments.
investment assets

3
Statement		 of Financia l Activities
-prior year
Unrestricted Restricted
funds funds Total funds
2021 2021 2021
Income and endowments from:
Other trading activities 5,190 5,190
Other 19,431 19,431
Total 24,621 24,621
Expenditure
on:
Other 22,107 22,107
Total 22,107 22,107
Net income 2,514 2,514
Net income before other
gains/(losses) 2,514 2,514
Other gains and losses:
Net movement in funds 2,514 2,514
Reconciliation offunds:
Total funds brought forward 355,319 636,115 991,434
Total funds carried forward 357,833 636,115 993,948
4 Income from donations and legacies
Unrestricted Total Total
2022 2021
5 Income from other trading activities
Unrestricted Total Total
2022 2021
Hiring Venues 25,854 25,854 5,190
25,854 25,854 5,190
Other income
Total Total
2022 2021
19,431
19,431
7 Other expenditure Other expenditure
Unrestricted Total Total
2022 2021
Premises costs 2,305 2,305 243
Amortisation, depreciation,
impairment, profit/loss on 5,526 5,526 12,154
disposal offixed assets
General administrative costs 16,532 16,532 9,410
Legal and professionalcosts 2,910 2,910 300
27,273 27,273 22,107
8 Net (expenditure)/income before transfers
2022 2021
This is stated after charging: E E
Depreciation ofowned fixed assets 5,526 12,154
9 Staff costs
No employee received emoluments in excess ofE60,000.
10 Tangible fixed assets
Cost or revaluation
At 1April 2021 975,944 975,944
Additions 8,468 8,468
At 31March 2022 984,412 984,412
Depreciation and
impairment
Depreciation charge forthe 5,526 5,526
year
At 31March 2022 5,526 5,526
Net book values
At 31March 2022 978,886 978,886
At 31March 2021 975,944 975,944
11 Debtors
2022 2021
E E
Trade debtors 4,000 2,000
4,000 2,000
12 Creditors:
amounts
falling due within		 one year
2022 2021
E E
Accruals 399 1
399

3 Movement in funds
Incoming
resources
(including Resources At 31
At 1April other
gains/losses		 expended March
2022
2021 )
E
Restricted funds:
Restricted income funds:
Grant
- Building for 5a side
football and cricket pitch 636,115 636,115
Total 636,115 636,115
Unrestricted funds:
General funds 357,834 25,855 (27,273) 356,416
Total funds ~su49 ~au ~27 27 ~gun

1 4 Analysis ofnet assets between funds
Unrestricted Restricted
funds funds Total
E E E
Fixed assets 342,771 636,115 978,886
Net current assets 13,645 13,645
15 Reconciliation ofnet debt
At 31
At 1April March
2021 Cash flows 2022
E E
Cash and cash equivalents 16,005 (5,961) 10,044
16,005 (5,961) 10,044
Net debt
16 Related party disclosures
Controlling party

for the year ended 3 1M arch 2022
Unrestricte
d funds Total funds Total funds
2022 2022 2022 2021
E E E E
Income and endowments from:
Donations and legacies
Other trading activities
Hiring Venues 25,854 25,854 5,190
25,854 25,854 5,190
Other
19,431
19,431
Total income and endowments 25,855 25,855 24,621
Expenditure
on:
Premises costs
Rates 2,305 2,305 243
2,305 2,305 243
General administrative costs,
including
depreciation		 and
amortisation
Depreciation of 2,898 2,898 7,225
Depreciation of 2,628 2,628 4,929
Bank charges 98 98 71
Equipment
expensed		 601 601 1,309
Equipment
repairs		 and 14,814 14,814 6,741
maintenance
General insurances 1,006 1,006 1,289
Sundry expenses 13 13
22,058 22,058 21,564
Legal and professional costs
Accountancy
and		 bookkeeping 400 400
Consultancy
fees		 320 320
Management
charges		 2,190 2,190
2,910 2,910
Total ofexpenditure of other costs 27,273 27,273 22,107
Total expenditure 27,273 27,273 22,107
Net gains on investments
Net (expenditure)/income (1,418) (1,418) 2,514
Net (expenditure)/income
other gains/(losses)		 before (1,418) (1,418) 2,514

Net movement
in		 funds (1,418) (1,418) 2,514
Reconciliation offunds:
Total funds brought forward 357,834 636,115 993,949 991,434
Total funds carried forward 356,416 636,115 992,531 993,948