| Page | ||||
|---|---|---|---|---|
| Reference and administrative | details ofthe Charity, | its Trustees and advisers | ||
| Trustees' report | 2-12 | |||
| Independent auditors' |
report | on the financial statements | 13-15 | |
| Statement offinancial | activities | 16 | ||
| Balance sheet | 17 | |||
| Statement ofcash flows | 18 | |||
| Notes to the financial | statements | 19-38 |
| Trustees | M E Bramall | M E Bramall | ||||
|---|---|---|---|---|---|---|
| BCaldwell | ||||||
| J H Dolphin | (resigned 19November 2019) | |||||
| KAHoy | ||||||
| J C Hughes | (resigned 19November 2019) | |||||
| RJervis | ||||||
| N Jones | ||||||
| A Thorn | ||||||
| H Thorns (Chair) | ||||||
| J Robinson | (appointed | 19November 2019) | ||||
| D Edwards | (appointed | 19November 2019) | ||||
| EJohnson | (appointed | 19November 2019) | ||||
| Company | registered | |||||
| number | 06614473 | |||||
| Charity registered | ||||||
| number | 1125101 | |||||
| Registered | office | Montgomery | Waters Meadow | |||
| Oteley Road | ||||||
| Shrewsbury | ||||||
| Shropshire | ||||||
| SY26ST | ||||||
| Chief executive officer | Jamie Edwards | |||||
| Independent | auditors | WR Partners | ||||
| Chartered Accountants |
||||||
| Belmont House | ||||||
| Shrewsbury | Business Park | |||||
| Shrewsbury | ||||||
| Shropshire | ||||||
| SY26LG | ||||||
| Senior management | Jamie Edwards - CEO |
|||||
| team | Steve Brotherwood - Operations |
Manager | ||||
| Alex Jones | - Community | Manager | ||||
| Vicky Blackburn - Finance Officer |
| Unrestricted | Restricted | Total | Total | |||
|---|---|---|---|---|---|---|
| funds | funds | funds | funds | |||
| 2020 | 2020 | 2020 | 2019 | |||
| Note | ||||||
| Income from: | ||||||
| Donations and legacies |
129,079 | 207,341 | 336,420 | 90,199 | ||
| Charitable activities |
1,029,873 | 7,863 | 1,037,736 | 957,213 | ||
| Other trading activities |
18,000 | 18,000 | 20,141 | |||
| Investments | 366 | 366 | 121 | |||
| Total income | 1,177,318 | 215,204 | 1,392,522 | 1,067,674 | ||
| Expenditure on: |
||||||
| Charitable activities |
7 | 1,014,530 | 211,597 | 1,226,127 | 1,051,497 | |
| Total expenditure | 1,014,530 | 211,597 | 1,226,127 | 1,051,497 | ||
| Net movement in funds |
162,788 | 3,607 | 166,395 | 16,177 | ||
| Reconciliation offunds: |
||||||
| Total funds brought | forward | 87,409 | 20,957 | 108,366 | 92,189 | |
| Net movement in funds |
162,788 | 3,607 | 166,395 | 16,177 | ||
| Total funds carried forward | 250,197 | 24,564 | 274,761 | 108,366 |
| 2020 | 2019 | ||||
|---|---|---|---|---|---|
| E | E | ||||
| Cash flows from operating | activities | ||||
| Net cash used in operating |
activities | 196,649 | 48,672 | ||
| Cash flows from investing | activities | ||||
| Dividends, interests and rents from investments |
366 | 121 | |||
| Purchase oftangible fixed assets |
(26,646) | (11,382) | |||
| Disposal oftangible fixed assets |
2,462 | ||||
| Net cash used in investing | activities | (23,818) | (11,261) | ||
| Change in cash and cash |
equivalents | in | the year | 172,831 | 37,411 |
| Cash and cash equivalents | at the beginning | ofthe year | 171,175 | 133,764 | |
| Cash and cash equivalents | at the end | of | the year | 344,006 | 171,175 |
| The notes on pages 19to 38form part ofthese financial statements |
| Unrestricted | Restricted | Total | Total | ||
|---|---|---|---|---|---|
| funds | funds | funds | funds | ||
| 2020 | 2020 | 2020 | 2019 | ||
| F. | F. | ||||
| Donations | 22,416 | 22,416 | 4,069 | ||
| Grants | 106,663 | 140,128 | 246,791 | 86,130 | |
| Government | grants | 67,213 | 67,213 | ||
| 129,079 | 207,341 | 336,420 | 90,199 | ||
| Total 2019 | 25,990 | 64,209 | 90,199 |
| 4. | Income from charitable | Income from charitable | activities | activities | ||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||||
| funds | funds | funds | funds | |||||
| 2020 | 2020 | 2020 | 2019 | |||||
| 6 | F | |||||||
| School Coaching | & Development | Centres | 1,029,873 | 7,863 | 1,037,736 | 957,213 | ||
| Total 2019 | 842,148 | 115,065 | 957,213 |
| Unrestricted | Total | Total | ||
|---|---|---|---|---|
| funds | funds | funds | ||
| 2020 | 2020 | 2019 | ||
| E | 6 | |||
| Fundraising | income | 18,000 | 18,000 | 20,141 |
| Total 2019 | 20,141 | 20,141 |
| Unrestricted | Total | Total | ||
|---|---|---|---|---|
| funds | funds | funds | ||
| 2020 | 2020 | 2019 | ||
| F. | ||||
| Bank | interest | 366 | 366 | 121 |
| Total | 2019 | 121 | 121 |
| Activities | ||||||
|---|---|---|---|---|---|---|
| undertaken | Support | Total | Total | |||
| directly | costs | funds | funds | |||
| 2020 | 2020 | 2020 | 2019 | |||
| E | F | 6 | ||||
| School Coaching | & Development | Centres | 758,247 | 467,880 | 1,226,127 | 1,051,497 |
| Total 2019 | 726,592 | 324,905 | 1,051,497 |
| School | |||||
|---|---|---|---|---|---|
| Coaching & |
Total | Total | |||
| Develop | funds | funds | |||
| 2020 | 2020 | 2019 | |||
| 6 | |||||
| Staff costs | 560,305 | 560,305 | 561,396 | ||
| Accomodation | 33,018 | 33,018 | 6,355 | ||
| Hire of Facilities | 122,563 | 122,563 | 124,154 | ||
| Hire ofServices | 8,408 | 8,408 | 8,782 | ||
| Footballs, | Equipment, | Tops & Prizes | 33,953 | 33,953 | 25,905 |
| 758,247 | 758,247 | 726,592 |
| School | ||||||
|---|---|---|---|---|---|---|
| Coaching & |
Total | Total | ||||
| Develop | funds | funds | ||||
| 2020 | 2020 | 2019 | ||||
| 8 | 6 | |||||
| Staff costs | 195,243 | 195,243 | 103,505 | |||
| Depreciation | 3,389 | 3,389 | 3,446 | |||
| Advertising | 42,201 | 42,201 | 6,727 | |||
| Motor Expenses | 22,308 | 22,308 | 19,438 | |||
| Accomodation | 32,216 | 32,216 | 60,136 | |||
| Graduation | Costs | 2,447 | 2,447 | 12,672 | ||
| Sundry Expenses | 28,308 | 28,308 | 12,946 | |||
| Telephone | 851 | 851 | 1,410 | |||
| Staff Training | and HR | 11,595 | 11,595 | 5,648 | ||
| Management | Fee | 40,000 | 40,000 | 27,917 | ||
| Bad Debts | 11,653 | 11,653 | 2,660 | |||
| Postage | 1,103 | 1,103 | 536 | |||
| Accountancy | 12,918 | 12,918 | 13,556 | |||
| Bank Charges | and Paypal Fees | 3,378 | 3,378 | 2,447 | ||
| Repairs and | Renewals | 1,714 | 1,714 | 1,913 | ||
| Hire of Facilities | 10,000 | 10,000 | ||||
| Hire ofServices | 3,087 | 3,087 | ||||
| Footballs, Equipment, |
Tops &Prizes | (388) | (388) | |||
| Travel Hire | Costs | 32,395 | 32,395 | 45,743 | ||
| Uniforms | 13,462 | 13,462 | 4,203 | |||
| 467,880 | 467,880 | 324,905 |
| 2020 | 2019 | ||||
|---|---|---|---|---|---|
| F. | |||||
| Depreciation | oftangible | fixed assets: | |||
| -Owned | by | the charity | 3,389 | 3,446 | |
| Operating | lease payments | 5,520 | 987 | ||
| Auditors' | remuneration | - audit | 6,050 | 5,900 | |
| 14,959 | 10,333 |
| Staffcosts | |||||
|---|---|---|---|---|---|
| 2020 | 2019 | ||||
| Wages and | salaries | 696,546 | 616,577 | ||
| Social security costs | 48,324 | 40,389 | |||
| Contribution | to defined | contribution | pension schemes | 10,678 | 7,935 |
| 755,548 | 664,901 |
| 2020 | 2019 | ||||
|---|---|---|---|---|---|
| No. | No. | ||||
| Average | 48 | ||||
| The average headcount | expressed as full-time | equivalents | was: | ||
| 2020 | 2019 | ||||
| No. | No. | ||||
| Full time equivalent | 26 | 29 |
| Leasehold | Fixtures | Assets | ||||
|---|---|---|---|---|---|---|
| property | Plant and | and | Office | under | ||
| improve' | machinery | fittings | equipment | construction | Total | |
| 6 | F. | 6 | 6 | 6 | 6 | |
| Cost orvaluation | ||||||
| At 1 July 2019 | 6,500 | 8,726 | 4,959 | 9,570 | 11,329 | 41,084 |
| Additions | 3,900 | 4,451 | 18,295 | 26,646 | ||
| Disposals | (3,912) | (3,912) | ||||
| At 30June 2020 | 6,500 | 8,714 | 4,959 | 14,021 | 29,624 | 63,818 |
| Depreciation | ||||||
| At 1 July 2019 | 3,234 | 1,731 | 3,197 | 8,162 | ||
| Charge for the year | 606 | 645 | 2,138 | 3,389 | ||
| On disposals | (1,450) | (1,450) | ||||
| At 30June 2020 | 2,390 | 2,376 | 5,335 | 10,101 | ||
| Net book value | ||||||
| At 30June 2020 | 6,500 | 6,324 | 2,583 | 8,686 | 29,624 | 53,717 |
| At30June 2019 | 6,500 | 5,492 | 3,228 | 6,373 | 11,329 | 32,922 |
| 2020 | 2019 | ||
|---|---|---|---|
| 8 | |||
| Due within one year | |||
| Trade debtors | 89,473 | 126,335 | |
| Other debtors | 4,602 | ||
| Prepayments | and accrued income | 13,568 | 33,076 |
| 103,041 | 164,013 |
| 2020 | 2019 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Trade creditors | 53,191 | 42,115 | |||||||
| Other taxation | and | social | security | 25,709 | 17,646 | ||||
| Other creditors | 6,199 | 14,746 | |||||||
| Accruals | and deferred | income | 140,904 | 185,237 | |||||
| 226,003 | 259,744 | ||||||||
| 2020f | 2019 | ||||||||
| Defened | income at | 1 July | 2019 | 177,708 | 90,374 | ||||
| Resources deferred | during | the year | 133,824 | 177,708 | |||||
| Amounts | released | from previous | periods | (177,708) | (90,374) | ||||
| 133,824 | 177,708 |
| Balance at | ||||||||
|---|---|---|---|---|---|---|---|---|
| Balance at 1 | Transfers | 30June | ||||||
| July 2019 | Income | Expenditure | in/out | 2020 | ||||
| F | 6 | F | 6 | 6 | ||||
| Unrestricted funds |
||||||||
| Designated funds |
||||||||
| Annual site upgrades |
and | |||||||
| repairs | 15,919 | 10,000 | 25,919 | |||||
| New Reech AGP | Pitch | 25,000 | 25,000 | |||||
| 15,919 | 35,000 | 50,919 | ||||||
| General funds | ||||||||
| CFH - Community | Football | Hub | 16,706 | 157,820 | (131,422) | (38,627) | 4,477 | |
| Community Sports |
320,306 | 125,078 | (58,611) | (335,724) | 51,049 | |||
| Core | (1,144,146) | 49,473 | (182,028) | 1,276,701 | ||||
| Education | 126,090 | 124,057 | (67,978) | (161,027) | 21,142 | |||
| Events & Fundraising | 19,106 | 103,447 | (80,991) | (41,562) | ||||
| Facilities Hire - Ludlow | 104,242 | 43,594 | (32,518) | (99,722) | 15,596 | |||
| Facilities Hire - Shrewsbury | 23,844 | 37,135 | (52,264) | (7,536) | 1,179 | |||
| Health & Inclusion |
203,177 | 8,081 | (182,687) | 28,571 | ||||
| NCS | 468,562 | 340,370 | (223,381) | (509,742) | 75,809 | |||
| South Shropshire | Hub | (62,715) | 73,715 | (52,041) | 41,041 | |||
| Football Development | (3,682) | 68,429 | (89,642) | 24,895 | ||||
| Inclusion | 3,694 | (3,711) | 1,472 | 1,455 | ||||
| North Shropshire | Hub | 42,425 | (39,943) | (2,482) | ||||
| 71,490 | 1,177,318 | (1,014,530) | (35,000) | 199,278 | ||||
| Total Unrestricted | funds | 87,409 | 1,177,318 | (1,014,530) | 250,197 |
| Statement offund | s - current | year (continued) | ||||
|---|---|---|---|---|---|---|
| Balance at | ||||||
| Balance at 1 | Transfers | 30June | ||||
| July 2019 | Income | Expenditure | in/out | 2020 | ||
| F | 6 | F | 6 | 6 | ||
| Restricted funds | ||||||
| Extra Time | 7,123 | 17,490 | (21,044) | 3,569 | ||
| Together Stronger | (Drug and | |||||
| Alcohol) | 5,000 | 20,000 | (5,178) | 19,822 | ||
| Kick Cancer Lingen | Davies | 834 | 8,333 | (7,994) | 1,173 | |
| Infrastructure Grant |
8,000 | (8,000) | ||||
| Premier League Primary Stars | 53,134 | (53,134) | ||||
| Short Breaks | 6,179 | (6,179) | ||||
| Disibility Football Welsh | ||||||
| Assembly Grant |
10,822 | (10,822) | ||||
| EFLTCore | 35,000 | (35,000) | ||||
| Future Generations | BBC | 25,466 | (25,466) | |||
| PL Kicks | 24,833 | (24,833) | ||||
| Grass Pitch | 3,500 | (3,500) | ||||
| Shrewsbury Family |
7,780 | (7,780) | ||||
| Premier League Girls | 2,667 | (2,667) | ||||
| 20,957 | 215,204 | (211,597) | 24,564 | |||
| Total offunds | 108,366 | 1,392,522 | (1,226,127) | 274,761 |
| Balance at | ||||||||
|---|---|---|---|---|---|---|---|---|
| Balance at | Transfers | 30June | ||||||
| 1Ju/y 2018 | income f |
Expenditure | inyout f |
2019 f |
||||
| Unrestricted funds |
||||||||
| Designated funds |
||||||||
| Annual site upgrades |
and | |||||||
| repairs | 15,919 | 15,919 | ||||||
| General funds | ||||||||
| CFH - Community | Football | Hub | 58,877 | (42,171) | 16,706 | |||
| Community Sports |
287,022 | 146,394 | (113,110) | 320,306 | ||||
| Core | (1,024, 728) | 5,758 | (109,257) | (15,919) | (1,144,146) | |||
| Education | 111,986 | 88,173 | (74,069) | 126,090 | ||||
| Events & Fundraising | 2,695 | 71,393 | (54,982) | 19,106 | ||||
| Facilities Hire - Ludlow | 103,213 | 42,876 | (41,847) | 104,242 | ||||
| Facilities Hire - Shrewsbury | 26,441 | (2,597) | 23,844 | |||||
| Health & Inclusion |
191,475 | 17,278 | (5,576) | 203,177 | ||||
| NCS | 488,761 | 301,105 | (321,304) | 468,562 | ||||
| South Shropshire | Hub | (68,235) | 70,577 | (65,057) | (62,715) | |||
| Football Development | 59,528 | (63,210) | (3,682) | |||||
| 92,189 | 888,400 | (893,180) | (15,919) | 71,490 | ||||
| Total Unrestricted | funds | 92,189 | 888,400 | (893,180) | 87,409 |
| Statement offunds - prior year | (continued) | ||||
|---|---|---|---|---|---|
| Balance at | |||||
| Balance at | Transfers | 30June | |||
| 1Ju/y 2018 | Income f |
Expenditure | inlout f |
2019 f |
|
| Restricted funds | |||||
| Extra Time | 13,332 | (6,209) | 7,123 | ||
| Together Stronger (Drug and | |||||
| Alcohol) | 5,000 | 5,000 | |||
| Kick Cancer Lingen Davies | 834 | 834 | |||
| Infrastructure Grant |
8,000 | 8,000 | |||
| Premier League Primary Stars | 40,000 | (40,000) | |||
| Premier League Girls RTC | 38,000 | (38,000) | |||
| Short Breaks | 8,291 | (8,291) | |||
| Disibility Football Welsh | |||||
| Assembly Grant |
14,950 | (14,950) | |||
| Match Funding Health Officers |
|||||
| (Help2Change) | 7,500 | (7,500) | |||
| Kick Cancer Project - Lingen | |||||
| Davies | 4,166 | (4,166) | |||
| EFLTCore | 35,000 | (35,000) | |||
| Development Officer Grant |
4,000 | (4,000) | |||
| Shropshire Council - PAN |
|||||
| Enablement Grant |
201 | (201) | |||
| 179,274 | (158,317) | 20,957 | |||
| Total offunds | 92,189 | 1,067,674 | (1,051,497) | 108,366 |
| Summary | offunds - current ye | ar | ||||
|---|---|---|---|---|---|---|
| Balance at | ||||||
| Balance at 1 | Transfers | 30June | ||||
| July 2019 | Income | Expenditure | in/out | 2020 | ||
| F | 6 | F | 6 | 6 | ||
| Designated | funds | 15,919 | 35,000 | 50,919 | ||
| General funds | 71,490 | 1,177,318 | (1,014,530) | (35,000) | 199,278 | |
| Restricted | funds | 20,957 | 215,204 | (211,597) | 24,564 | |
| 108,366 | 1,392,522 | (1,226,127) | 274,761 | |||
| Summary | offunds - prior year | |||||
| Balance at | ||||||
| Balance at | Transfers | 30June | ||||
| 1July 2018 | Income f |
Expenditure | inlout | 2019 | ||
| Designated | funds | 15,919 | 15,919 | |||
| General funds | 92,189 | 888,400 | (893,180) | (15,919) | 71,490 | |
| Restricted | funds | 179,274 | (158,317) | 20,957 | ||
| 92,189 | 1,067,674 | (1,051,497) | 108,366 |
| Analysis | ofn | et asse | ts | between funds - cur | rent period | ||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | |||||
| funds | funds | funds | |||||
| 2020 | 2020 | 2020 | |||||
| 6 | 6 | 6 | |||||
| Tangible | fixed | assets | 53,717 | 53,717 | |||
| Current | assets | 422,483 | 24,564 | 447,047 | |||
| Creditors | due | within | one | year | (226,003) | (226,003) | |
| Total | 250,197 | 24,564 | 274,761 |
| Unrestricted | Restricted | Total | ||||
|---|---|---|---|---|---|---|
| funds | funds | funds | ||||
| 2019 | 2019f | 2019f | ||||
| Tangible fixed assets | 32,922 | 32,922 | ||||
| Current assets | 314,231 | 20,957 | 335,188 | |||
| Creditors due within | one year | (259,744) | (259,744) | |||
| Total | 87,409 | 20,957 | 108,368 | |||
| 18. | Reconciliation of |
net movement | in funds | to net cash flow from operating | activities | |
| 2020 | 2019 | |||||
| F. | ||||||
| Net income for the | period (as per | Statement | of Financial Activities) | 166,395 | 18,177 | |
| Adjustments for: |
||||||
| Depreciation charges |
3,389 | 3,446 | ||||
| Dividends, interests |
and rents from investments | (366) | (121) | |||
| Decrease/(increase) | in debtors | 61,047 | (59,629) | |||
| Increase/(decrease) | in creditors | (33,816) | 88,799 | |||
| Net cash provided | by operating | activities | 196,649 | 48,672 | ||
| 19. | Analysis ofcash and cash equivalents | |||||
| 2020 6 |
2019f | |||||
| Cash in hand |
344,006 | 171,175 | ||||
| Total cash and cash equivalents | 344,006 | 171,175 |
| At 1 July | At 30June | |||||||
|---|---|---|---|---|---|---|---|---|
| 2019 | Cash flows | 2020 | ||||||
| F. | 6 | |||||||
| Cash | at | bank | and | in | hand | 171,175 | 172,831 | 344,006 |
| 171,175 | 172,831 | 344,006 |
| 2020 | 2019 | |||
|---|---|---|---|---|
| Not later than | 1 year | 4,416 | 987 | |
| Later than | 1 | year and not later than 5years | 1,104 | |
| 5,520 | 987 |