| Page | |||
|---|---|---|---|
| Reference and administrative | details ofthe Charity, its Trustees and advisers | ||
| Trustees' report |
2-13 | ||
| Independent auditors' |
report | on the financial statements | 14-17 |
| Statement offinancial | activities | 18 | |
| Balance sheet | 19-20 | ||
| Statement ofcash flows | 21 | ||
| Notes to the financial | statements | 22-42 |
| REFERENCE AND | REFERENCE AND | REFERENCE AND | ADMINISTRATIVE | DETAILS | DETAILS | DETAILS | DETAILS | OF THE CHARITY, ITSTRUSTEES AND ADVISERS | OF THE CHARITY, ITSTRUSTEES AND ADVISERS |
|---|---|---|---|---|---|---|---|---|---|
| FOR THE | PERIOD ENDED 31 AUGUST 2021 | ||||||||
| Trustees | M E Bramall | ||||||||
| BCaldwell | |||||||||
| D Crosby (appointed | 22 June 2021) | ||||||||
| D Edwards | |||||||||
| KA Hoy | |||||||||
| R Jervis | |||||||||
| N Jones | |||||||||
| A Thorn (resigned | 16February | 2021) | |||||||
| H Thorne (Chair) | |||||||||
| M Miller (appointed | 20 August | 2021) | |||||||
| EJohnson (resigned |
20August | 2021) | |||||||
| J Robinson | |||||||||
| 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 | ||||||||
| Shrews bury |
|||||||||
| Shropshire | |||||||||
| SY2 6LG | |||||||||
| Senior management | Jamies Edwards | - | CEO | ||||||
| team | Steve Brotherwood | -Operations | Manager | ||||||
| I yn Towers - Governance | 8 Finance Manager |
| Unrestricted | Restricted | Total | Total | |||
|---|---|---|---|---|---|---|
| funds | funds | funds | funds | |||
| 2021 | 2021 | 2021 | 2020 | |||
| Note | E | F | ||||
| Income from: | ||||||
| Donations and legacies |
106,536 | 599,771 | 706,307 | 336,420 | ||
| Charitable activities |
1,198,383 | (9,119) | 1,189,264 | 1,037,736 | ||
| Other trading activities |
12,930 | 12,930 | 18,000 | |||
| Investments | 75 | 75 | 366 | |||
| Total income | 1,317,924 | 590,652 | 1,908,576 | 1,392,522 | ||
| Expenditure on: |
||||||
| Charitable activities |
1,269,742 | 291,523 | 1,561,265 | 1,226,127 | ||
| Total expenditure | 1,269,742 | 291,523 | 1,561,265 | 1,226,127 | ||
| Net income | 48,182 | 299,129 | 347,311 | 166,395 | ||
| Transfers between |
funds | 14 | 43,929 | (43,929) | ||
| Net movement in funds |
92,111 | 255,200 | 347,311 | 166,395 | ||
| Reconciliation offunds: |
||||||
| Total funds brought | forward | 250,197 | 24,564 | 274,761 | 108,366 | |
| Net movement in funds |
92,111 | 255,200 | 347,311 | 166,395 | ||
| Total funds carried forward | 342,308 | 279,764 | 622,072 | 274,761 |
| 31August | 30June | ||||||
|---|---|---|---|---|---|---|---|
| Note | 2021f | 2020 | |||||
| Fixed assets | |||||||
| Tangible assets | 223,400 | 53,717 | |||||
| 223,400 | 53,717 | ||||||
| Current assets | |||||||
| Debtors | 315,914 | 103,041 | |||||
| Cash at bank and in hand | 287,490 | 344,006 | |||||
| 603,404 | 447,047 | ||||||
| Creditors: amounts | falling due within one | ||||||
| year | 13 | (204,732) | (226,003) | ||||
| Net current assets | 398,672 | 221,044 | |||||
| Total assets less current liabilities | 622,072 | 274,761 | |||||
| Net assets excluding | pension asset | 622,072 | 274,761 | ||||
| Total net assets | 622,072 | 274,761 | |||||
| Charity funds | |||||||
| Restricted funds | 14 | 279,764 | 24,564 | ||||
| Unrestricted funds |
14 | 342,308 | 250,197 | ||||
| Total funds | 622,072 | 274,761 |
| 2021 | 2020 | |||
|---|---|---|---|---|
| Cash flows from operating | activities | |||
| Net cash used in operating |
activities | 120,176 | 196,649 | |
| Cash flows from investing | activities | |||
| Dividends, interests and rents from investments |
75 | 366 | ||
| Purchase oftangible fixed assets |
(176,767) | (26,646) | ||
| Disposal oftangible fixed assets |
2,462 | |||
| Net cash used in investing | activities | (176,692) | (23,818) | |
| Change in cash and cash |
equivalents in |
the period | (56,516) | 172,831 |
| Cash and cash equivalents | at the beginning | ofthe period | 344,006 | 171,175 |
| Cash and cash equivalents | at the end of | the period | 287,490 | 344,006 |
| The notes on pages 22 to42 form part ofthese financial statements |
| Unrestricted | Total | Total | ||
|---|---|---|---|---|
| funds | funds | funds | ||
| 2021 | 2021 | 2020 | ||
| f. | E | |||
| Bank | Interest | 75 | 75 | 366 |
| Total | 2020 | 366 | 366 |
| Activities | |||||||
|---|---|---|---|---|---|---|---|
| undertaken | Support | Total | Total | ||||
| directly | costs | funds | funds | ||||
| 2021 | 2021 | 2021 | 2020 | ||||
| E | E | ||||||
| Education, | health | &wellbeing | &football | ||||
| development | programmes | 1,116,598 | 444,667 | 1,561,265 | 1,226,127 | ||
| Total 2020 | 758,247 | 467,880 | 1,226,127 |
| Charity | Total | Total | ||
|---|---|---|---|---|
| programmes | funds | funds | ||
| 2021 E |
2021f | 2020 | ||
| Staff Costs | 752,785 | 752,785 | 560,305 | |
| Motor Expenses | 5,357 | 5,357 | ||
| Accomodation | 16,163 | 16,163 | 33,018 | |
| Hire of Facilities | 257,220 | 257,220 | 122,563 | |
| Hire ofServices | 13,047 | 13,047 | 8,408 | |
| Footballs, Equipment, |
Tops &Prizes | 71,706 | 71,706 | 33,953 |
| Travel Hire Costs | 320 | 320 | ||
| 1,116,598 | 1,116,598 | 758,247 |
| Charity | Total | Total | ||||
|---|---|---|---|---|---|---|
| programmes | funds | funds | ||||
| 2021 | 2021 | 2020 | ||||
| F | ||||||
| Staff Costs | 215,116 | 215,116 | 195,243 | |||
| Depreciation | 10,247 | 10,247 | 3,389 | |||
| Advertising | 33,490 | 33,490 | 42,201 | |||
| Motor Expenses | 12,526 | 12,526 | 22,308 | |||
| Accomodation | 540 | 540 | 32,216 | |||
| Graduation | Costs | 2,447 | ||||
| Sundry Expenses | 11,009 | 11,009 | 28,308 | |||
| Telephone | 3,106 | 3,106 | 851 | |||
| Staff Training | and HR | 43,642 | 43,642 | 11,595 | ||
| Management | Fee | 39,270 | 39,270 | 40,000 | ||
| Bad Debts | 485 | 485 | 11,653 | |||
| Postage | 4,366 | 4,366 | 1,'/03 | |||
| Accountancy | 13,489 | 13,489 | 12,918 | |||
| Bank Charges | and Paypal Fees | 4,259 | 4,259 | 3,378 | ||
| Repairs and | Renewals | 1,714 | ||||
| Hire of Facilities | 11,667 | 11,667 | 10,000 | |||
| Hire of Services | 2,486 | 2,486 | 3,087 | |||
| Footballs, Equipment, |
Tops 8 Prizes | (388) | ||||
| Travel Hire | Costs | 14,113 | 14,113 | 32,395 | ||
| Uniforms | 24,856 | 24,856 | 13,462 | |||
| 444,667 | 444,667 | 467,880 |
| 31August | 30June | |||||
|---|---|---|---|---|---|---|
| 2021 | 2020 | |||||
| E | E | |||||
| Depreciation | ofTangible | Fixed Assets: | ||||
| -Owned | by | the Charity | 7,084 | 3,389 | ||
| Operating | Lease Payments | 368 | 5,520 | |||
| Auditors' | Remuneration | -Audit | 6,350 | 6,050 | ||
| 13,802 | 14,959 | |||||
| Staffcosts | ||||||
| 2021 | 2020 | |||||
| Wages and | Salaries | 887,421 | 696,546 | |||
| Social Security Costs | 65,136 | 48,324 | ||||
| Contribution | to Defined | Contribution | Pension Schemes | 15,344 | 10,678 | |
| 967,901 | 755,548 |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| No. | No. | ||||
| Average | 51 | 48 | |||
| The average headcount | expressed as full-time | equivalents | was: | ||
| 2021 | 2020 | ||||
| No. | No. | ||||
| Full time equivalent | 36 |
| L'hold | Long-term | Fixtures | Assets | ||||
|---|---|---|---|---|---|---|---|
| property | leasehold | Plant and | and | Office | under | ||
| improv'ts | property | machinery | fittings | equipment | construction | Total | |
| E | F | ||||||
| Cost or valuation | |||||||
| At 1 July 2020 | 6,500 | 8,714 | 4,959 | 14,021 | 29,624 | 63,818 | |
| Additions | 152,701 | 3,600 | 4,994 | 15,472 | 176,767 | ||
| At 31Aug ust 2021 | 6,500 | 152,701 | 12,314 | 9,953 | 29,493 | 29,624 | 240,585 |
| Depreciation | |||||||
| At 1 July 2020 | 2,390 | 2,376 | 5,335 | 10,101 | |||
| Charge for the | |||||||
| penod | 2,585 | 1,351 | 3,148 | 7,084 | |||
| At 31August 2021 | 4,975 | 3,727 | 8,483 | 17,185 | |||
| Net book value | |||||||
| At 31August 2021 | 6,500 | 152,701 | 7,339 | 6,226 | 21,010 | 29,624 | 223,400 |
| At30June 2020 | 6,500 | 6,324 | 2,583 | 8,686 | 29,624 | 53,717 |
| 31August | 30June | ||
|---|---|---|---|
| 2021 | 2020 | ||
| E | |||
| Due within one year | |||
| Trade debtors | 228,264 | 89,473 | |
| Other debtors | 66,299 | ||
| Prepayments | and accrued income | 21,351 | 13,568 |
| 315,914 | 103,041 |
| 31August | 31August | 30June | ||||||
|---|---|---|---|---|---|---|---|---|
| 2021 | 2020 | |||||||
| Trade creditors | 58,686 | 53,191 | ||||||
| Other taxation | and | social security | 1,039 | 25,709 | ||||
| Other creditors | 23,412 | 6,199 | ||||||
| Accruals | and deferred | income | 121,595 | 140,904 | ||||
| 204,732 | 226,003 | |||||||
| 31 | August | 30June | ||||||
| 2021 | 2020 | |||||||
| E | ||||||||
| Deferred | income at | 1 July 2020 | 133,824 | 177,708 | ||||
| Resources deferred | during the period | 63,626 | 133,824 | |||||
| Amounts | released from previous |
periods | (133,824) | (177,708) | ||||
| 63,626 | 133,824 |
| Balance at | ||||||||
|---|---|---|---|---|---|---|---|---|
| Balance at 1 | Transfers | 31August | ||||||
| July 2020 | Income | Expenditure | in/out | 2021 | ||||
| E | F | F | ||||||
| Unrestricted funds |
||||||||
| Designated funds |
||||||||
| Annual site upgrades |
and | |||||||
| repairs | 25,919 | 9,081 | 35,000 | |||||
| New Reech AGP Pitch | 25,000 | (25,000) | ||||||
| New Building | 89,064 | 89,064 | ||||||
| Leasehold Improvements |
10,936 | 10,936 | ||||||
| 50,919 | 84,081 | 135,000 | ||||||
| General funds | ||||||||
| CFH - Community | Football | Hub | 4,477 | 138,626 | (168,896) | 25,809 | 16 | |
| Community Sports |
51,049 | (51,049) | ||||||
| Core | 22,775 | (205,751) | 182,976 | |||||
| Education | 21,142 | 146,590 | (136,020) | (19,438) | 12,274 | |||
| Events &Fundraising | 40,885 | (39,120) | (1,765) | |||||
| Facilities Hire - Ludlow | 15,596 | 76,353 | (52,731) | (24,038) | 15,180 | |||
| Facilities Hire - Shrewsbury | ||||||||
| (Reech) | 1„179 | 39,260 | (50,623) | 10,184 | ||||
| Health 8 Wellbeing | 28,571 | 6,178 | (8,700) | (16,091) | 9,958 | |||
| NCS | 75,809 | 457,733 | (213,301) | (196,298) | 123,943 | |||
| Football Development | 177,980 | (184,760) | 6,780 | |||||
| Inclusion | 1,455 | 22,948 | (52,867) | 28,464 | ||||
| School Sports | 188,596 | (156,973) | 14,314 | 45,937 | ||||
| 199,278 | 1,317,924 | (1,269,742) | (40,152) | 207,308 | ||||
| Total Unrestricted | funds | 250,197 | 1,317,924 | (1,269,742) | 43,929 | 342,308 |
| Restricted funds | ||||||
|---|---|---|---|---|---|---|
| Extra Time | 3,569 | 24,731 | (21,504) | (135) | 6,661 | |
| Together Stronger (Drug | and | |||||
| Alcohol) | 19,822 | 20,000 | (23,435) | 16,387 | ||
| Kick Cancer Lingen Davies | 1,173 | 11,667 | (7,498) | 5,342 | ||
| Shropshire Council CIL |
||||||
| Funding | 246,400 | 246,400 | ||||
| Children in Need Tech Booster |
4,460 | (4,002) | 458 | |||
| Return to Football | 2,500 | (2,376) | (124) | |||
| Short Breaks | 6,766 | (2,244) | (4,522) | |||
| EFLTCore | 35,000 | (35,000) | ||||
| Future Generations | 37,017 | (37,017) | ||||
| Premier League Primary | Stars | 46,667 | (48,860) | 2,193 | ||
| Grass Pitch | 2,000 | (2,000) | ||||
| Lintel Trust Employability | Lead | 15,000 | (15,000) | |||
| PACC Summer Fitness |
||||||
| Sessions | 900 | (900) | ||||
| PL Kickz | 32,167 | (28,210) | 3,957 | |||
| PL Kickz Hunger | 2,500 | (1,682) | (818) | |||
| Screwfix STYI Centre | 2,000 | (1,138) | (303) | 559 | ||
| Shropshire Council HAF |
40,000 | (2,606) | (37,394) | |||
| Shropshire Council Training |
36,244 | (36,244) | ||||
| Tackling I oneliness Together |
19,300 | (19,620) | 320 | |||
| WNST 1+ | 5,333 | (2,187) | (3,146) | |||
| 24,564 | 590,652 | (291,523) | (43,929) | 279,764 | ||
| Total offunds | 274,761 | 1,908,576 | (1,561,265) | 622,072 |
| Balance at | ||||||||
|---|---|---|---|---|---|---|---|---|
| Balance at | Transfers | 30June | ||||||
| 1July 2019 | Income | Expenditure | inlout | 2020 | ||||
| E | ||||||||
| 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 | ||||||||
| (Reech) | 23,844 | 37,135 | (52,264) | (7,536) | 1,179 | |||
| Health 8 Wellbeing | 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 | ||||
| School Sports | 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 |
| 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 | |
| Shropshire Council CIL |
|||||
| Funding | 8,000 | (8,000) | |||
| Children in Need Tech Booster |
53,134 | (53,134) | |||
| Return to Football | 6,179 | (6,179) | |||
| Short Breaks | 10,822 | (10,822) | |||
| EFLTCore | 35,000 | (35,000) | |||
| Future Generations | 25,466 | (25,466) | |||
| Premier League Primary | Stars | 24,833 | (24,833) | ||
| Grass Pitch | 3,500 | (3,500) | |||
| Lintel Trust Employability | Lead | 7,780 | (7,780) | ||
| PACC Summer Fitness | |||||
| Sessions | 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 1 July 2020 |
Income f |
Expenditure | Transfers in/out E |
31August 2021 |
||
| Designated | funds | 50,919 | 84,081 | 135,000 | ||
| General funds | 199,278 | 1,317,924 | (1,269,742) | (40,152) | 207,308 | |
| Restricted | funds | 24,564 | 590,652 | (291,523) | (43,929) | 279,764 |
| 274,761 | 1,908,576 | (1,561,265) | 622,072 |
| Balance at | ||||||
|---|---|---|---|---|---|---|
| Balance at | Transfers | 30June | ||||
| 1Ju/y 2019 | Income | Expenditure | in/out | 2020 | ||
| E | ||||||
| Designated | funds | 15,919 | 35,000 | 50,919 | ||
| General funds | 71,490 | /, 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, '/27) | 274,761 |
| Analysis | of n | et assets between funds -cur | rent period | ||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | |||
| funds | funds | funds | |||
| 31August | 31August | 31 August | |||
| 2021f | 2021 | 2021f | |||
| Tangible | fixed | assets | 70,699 | 152,701 | 223,400 |
| Current | assets | 476,341 | 127,063 | 603,404 | |
| Creditors | due | within one year | (204,732) | (204,732) | |
| Total | 342,308 | 279,764 | 622,072 |
| Unrestricted | Restricted | Total | |||
|---|---|---|---|---|---|
| funds | funds | funds | |||
| 30June | 30June | 30June | |||
| 2020 | 2020 | 2020f | |||
| 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 |
| 31 August | 30June | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 2021 | 2020 | ||||||||
| E | |||||||||
| Net income for the | period (as per | Statement | of Financial Activities) | 347,311 | 166,395 | ||||
| Adjustments | for: | ||||||||
| Depreciation | charges | 7,084 | 3,389 | ||||||
| Dividends, interests |
and rents from investments | (75) | (366) | ||||||
| Decrease/(increase) | in debtors | (212,873) | 61,047 | ||||||
| Decrease in |
creditors | (32,938) | (33,816) | ||||||
| Net cash provided | by operating | activities | 108,509 | 196,649 | |||||
| 19. | Analysis of | cash and | cash equivalents | ||||||
| 31August | 30June | ||||||||
| 2021 | 2020 | ||||||||
| E | |||||||||
| Cash in hand |
287,490 | 344,006 | |||||||
| Total cash and cash | equivalents | 287,490 | 344,006 |
| At 1 July | At 31 | |||||||
|---|---|---|---|---|---|---|---|---|
| 2020 | Cash flows | August 2021 | ||||||
| Cash | at | bank | and | in | hand | 344,006 | (56,516) | 287,490 |
| 344,006 | (56,516) | 287,490 |
| cancellable | o | perating leases as follows: |
||
|---|---|---|---|---|
| 31 August | 30June | |||
| 2021 | 2020 | |||
| E | E | |||
| Not later than | 1 year | 368 | 4,416 | |
| Later than | 1 year and not later than 5years | 1,104 | ||
| 368 | 5,520 |