| 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 | 22-44 |
| REFERENCE AND | REFERENCE AND | REFERENCE AND | ADMINISTRATIVE DETAILS |
ADMINISTRATIVE DETAILS |
ADMINISTRATIVE DETAILS |
OF THE CHARITY, ITSTRUSTEES AND ADVISERS |
|---|---|---|---|---|---|---|
| FOR | THE | YEAR ENDED 31AUGUST 2022 | ||||
| Trustees | M E Bramall | |||||
| BCaldwell | ||||||
| D Crosby (resigned 20 July 2022) | ||||||
| D Edwards | ||||||
| KA Hoy (resigned | 26 November 2021) | |||||
| RJervis | ||||||
| N Jones | ||||||
| L Rimmer (appointed 24 February 2023) | ||||||
| J Masi (appointed | 24 February 2023) | |||||
| M Miller | ||||||
| J Robinson | (resigned 20 July 2022) | |||||
| H Thorne (Chair) | ||||||
| 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 |
||||
| Lyn Towers - Governance | & Finance Manager |
| Unrestricted | Restricted | Total | Total | |||
|---|---|---|---|---|---|---|
| funds | funds | funds | funds | |||
| 2022 | 2022 | 2022 | 2021 | |||
| Note | 6 | 6 | F | |||
| Income from: | ||||||
| Donations and legacies |
473,713 | 473,713 | 592,070 | |||
| Charitable activities |
1,215,971 | 321,491 | 1,537,462 | 1,203,501 | ||
| Other trading activities |
18,493 | 18,493 | 12,930 | |||
| Investments | 17 | 17 | 75 | |||
| Total income | 1,708,194 | 321,491 | 2,029,685 | 1,908,576 | ||
| Expenditure on: |
||||||
| Charitable activities |
1,714,779 | 252,937 | 1,967,716 | 1,561,255 | ||
| Total expenditure | 1,714,779 | 252,937 | 1,967,716 | 1,561,265 | ||
| Net (expenditure)/income | (6,585) | 68,554 | 61,969 | 347,311 | ||
| Transfers between | funds | 18 | 65,522 | (65,522) | ||
| Net movement in funds |
58,937 | 3,032 | 61,989 | 347,311 | ||
| Reconciliation offunds: |
||||||
| Total funds brought | forward | 342,308 | 279,764 | 622,072 | 274,751 | |
| Net movement in funds |
58,937 | 3,032 | 61,969 | 347,311 | ||
| Total funds carried | forward | 401,245 | 282,796 | 684,041 | 622,072 |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| Note | 6 | ||||||
| Fixed assets | |||||||
| Tangible assets | 12 | 539,264 | 223,400 | ||||
| 539,264 | 223,400 | ||||||
| Current assets | |||||||
| Debtors | 13 | 205,613 | 315,914 | ||||
| Cash at bank and | in hand | 307,428 | 287,490 | ||||
| 513,041 | 603,404 | ||||||
| Creditors: amounts | falling | due within one | |||||
| year | 14 | (199,158) | (204,732) | ||||
| Net current assets | 313,883 | 398,672 | |||||
| Total assets less | current | liabilities | 853,147 | 622,072 | |||
| Creditors: amounts | falling | due after more | |||||
| than one year | 15 | (169,106) | |||||
| Total net assets | 684,041 | 522,072 | |||||
| Charity funds | |||||||
| Restricted funds | 16 | 282,796 | 279,764 | ||||
| Unrestricted funds |
16 | 401,245 | 342,308 | ||||
| Total funds | 684,041 | 522,072 |
| 4. | Income from donations | Income from donations | Income from donations | and legacies | and legacies | ||||
|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||||||
| funds | funds | funds | funds | ||||||
| 2022 | 2022 | 2022 | 2021 | ||||||
| 6 | 6 | ||||||||
| Donations | 1,775 | 1,776 | 600 | ||||||
| Grants | 471,938 | 471,938 | 657,620 | ||||||
| Government | Grants | 33,850 | |||||||
| 473,713 | 473713 | 692070 | |||||||
| Total 2021 | 92,299 | 599,771 | 692,070 | ||||||
| 6. | Income from charitable | activities | |||||||
| Unrestricted | Restricted | Total | Total | ||||||
| funds | funds | funds | funds | ||||||
| 2022 | 2022 | 2022 | 2021 | ||||||
| 6 | 6 | E | 6 | ||||||
| Education, | health | &wellbeing &football |
|||||||
| development | programmes | 1,215,971 | 321,491 | 1,637,462 | 1,203,501 | ||||
| Total 2021 | 1,212,620 | (9,119) | 1,203,501 | ||||||
| 6. | Income from other trading | activities | |||||||
| Income from fundraising | events | ||||||||
| Unrestricted | Total | Total | |||||||
| funds | funds | funds | |||||||
| 2022 | 2022 | 2021 | |||||||
| 6 | |||||||||
| Fundraising | Income | 18,493 | 18,493 | 12,930 | |||||
| Total 2021 | 12,930 | 12,930 |
| Unrestricted | Total | Total | ||||||
|---|---|---|---|---|---|---|---|---|
| funds | funds | funds | ||||||
| 2022 | 2022 | 2021 | ||||||
| E | K | 6 | ||||||
| Bank Interest | 17 | 17 | 75 | |||||
| Total 2021 | 75 | 75 | ||||||
| Analysis ofexpenditure | by | activities | ||||||
| Activities | ||||||||
| undertaken | Support | Total | Total | |||||
| directly | costs | funds | funds | |||||
| 2022 | 2022 | 2022 | 2021 | |||||
| 6 | 6 | 6 | 5 | |||||
| Education, | health &wegbeing | 8 football | ||||||
| development | programmes | 1,441,531 | 526,155 | 1,967,716 | 1,561,265 | |||
| Total 2021 | 1,116,598 | 444,667 | 1,561,255 | |||||
| Analysis ofdirect costs | ||||||||
| Charity | Total | Total | ||||||
| programmes | funds | funds | ||||||
| 2022 | 2022f | 2021 5 |
||||||
| Staff Costs | 956,549 | 956,549 | 752,785 | |||||
| Motor Expenses | 5,357 | |||||||
| Accomodation | 35,402 | 35,402 | 16,163 | |||||
| Hire ofFacilities | 345,934 | 345,934 | 257,220 | |||||
| Hire ofServices | 13,189 | 13,189 | 13,047 | |||||
| Footballs, Equipment, |
Tops &Pdzes | 90,457 | 90,457 | 71,706 | ||||
| Travel Hire | Costs | 320 | ||||||
| 1,441,531 | 1,441,531 | 1,116,598 |
| Charity | Total | Total | ||||
|---|---|---|---|---|---|---|
| programmes | funds | funds | ||||
| 2022 | 2022 | 2021 | ||||
| 6 | ||||||
| Staff Costs | 183,720 | 183,720 | 215, 1'/5 | |||
| Depreciation | 11,826 | 11,826 | 10,247 | |||
| Advertising | 26,449 | 26,449 | 33,490 | |||
| Motor Expenses | 8,286 | 8,286 | 12,526 | |||
| Accomodation | 23,459 | 23,459 | 540 | |||
| Sundry Expenses | 24,577 | 24,577 | 11,009 | |||
| Telephone | 10,190 | 10,190 | 3,106 | |||
| Staff Training | and HR | 69,586 | 69,586 | 43,642 | ||
| Management | Fee | 40,000 | 40,000 | 39,270 | ||
| Bad Debts | 1,178 | 1,178 | 485 | |||
| Postage | 3,964 | 3,964 | 4,366 | |||
| Accountancy | 21,911 | 21,811 | 13,489 | |||
| Bank Charges | and Paypal Fees | 7,167 | 7,167 | 4,259 | ||
| Repairs and | Renewals | 7,457 | 7,457 | |||
| Hire of Facilities | 10,019 | 10,019 | 11,667 | |||
| Hire ofServices | 5,682 | 5,682 | 2485 | |||
| (Profit)/loss | on the Sale ofTangible | Assets | (4,290) | (4,290) | ||
| Travel Hire | Costs | 25,421 | 25,421 | 14,113 | ||
| Uniforms | 13,459 | 13,459 | 24,656 | |||
| Asset Write | Off | 36,124 | 36,124 | |||
| 526,185 | 526,185 | 444,667 |
| Long-term | Assets | ||||||
|---|---|---|---|---|---|---|---|
| leasehold | Plant and | Motor | Flxtums | Ogiee | under | ||
| property | machinery | vehicles | and fittings | equlpmsnt | construcfron | Total | |
| 6 | 2 | 2 | f. | 2 | |||
| Cost or valuation | |||||||
| At 1 September 2021 | 150.201 | 12.314 | 9,963 | 29,403 | 29,824 | 240,008 | |
| Additions | 313,9$6 | 12,676 | 16,$10 | $,048 | 2,069 | 31,496 | $79,124 |
| Oispossls | (0,500) | (I5,310) | )29,624) | )StA34) | |||
| At 31 August 2022 | 466,637 | 24,900 | 13,001 | 32,102 | 31,498 | 680,278 | |
| Depreciation | |||||||
| At 1 September 2021 | 4,976 | $,727 | Sr403 | 17,135 | |||
| Charge for the year | 1,677 | 4,409 | 1,511 | 4,229 | 11,820 | ||
| At31 August2022 | 1,877 | 9,304 | 6,238 | 12,712 | 20,011 | ||
| Net book value | |||||||
| At 31 August 2022 | 464,060 | 16,805 | 7,703 | 19,440 | $1,496 | 630,264 | |
| Ai31August 2021 | 159,201 | 7,330 | 6,226 | 2'f,010 | 20,824 | 223,400 |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| K | 5 | ||||||
| Due within one year | |||||||
| Trade debtors | 127,411 | 228,254 | |||||
| Other debtors | 66,698 | 66,299 | |||||
| Prepayments | and accrued income | 11,503 | 21,351 | ||||
| 205,613 | 315,914 | ||||||
| Creditors: Amounts | falling due | within one year | |||||
| 2022 | 2021 | ||||||
| 5 | |||||||
| Bank loans | 16,900 | ||||||
| Trade creditors | 47,485 | 33,648 | |||||
| Other taxation | and | social security | 28,240 | 26,077 | |||
| Other creditors | 44,039 | 23,412 | |||||
| Accruals and deferred | income | 62,494 | 121,595 | ||||
| 199,158 | 204,732 | ||||||
| 2022 | 2021 | ||||||
| F | 5 | ||||||
| Deferred income at | 1 | September | 2021 | 63,626 | 133,824 | ||
| Resources deferred | during the year | 36,434 | 63,625 | ||||
| Amounts released |
from previous | periods | (63,626) | (f33,824) | |||
| 36,434 | 63,626 |
| Balance at 1 | Balance at | ||||||
|---|---|---|---|---|---|---|---|
| September | Transfers | 31August | |||||
| 2021 E |
Income 6 |
Expenditure 6 |
in/out | 2022 f |
|||
| Unrestricted funds |
|||||||
| Designated funds |
|||||||
| Annual site upgrades |
and | ||||||
| repairs | 35,000 | (17,308) | 17,692 | ||||
| Foundation 3G Pitch Sinking |
|||||||
| Fund | 25,000 | 25,000 | |||||
| New Building | 89,064 | 89,064 | |||||
| Leasehold Improvements |
10,936 | (4,879) | 5,057 | ||||
| Shrewsbury Facility |
|||||||
| Maintenance | 5,235 | 5,235 | |||||
| 135,000 | (4,879) | 12,927 | 143,048 | ||||
| General funds | |||||||
| CFH - Community | Football Hub | 185,656 | (184,468) | 5,786 | 6,990 | ||
| Core | 50,017 | (212,445) | 162,428 | ||||
| Education | 12,274 | 416,211 | (469,007) | 68,600 | 28,078 | ||
| Events & Fundraising | 64,253 | (99,211) | 34,958 | ||||
| Facilities Hire - Ludlow | 15,180 | 63,482 | (62,334) | (8,079) | 8,249 | ||
| Facilities Hire - Shrewsbury | |||||||
| (Reach) | 178,360 | (99,439) | (51,371) | 27,550 | |||
| Health &Wellbeing |
9,958 | 13,656 | (9,806) | (7,865) | 5,943 | ||
| NCS | 123,943 | 519,350 | (248,876) | (213,030) | 181,387 | ||
| Football Development | 217,209 | (324,314) | 107,105 | ||||
| School Sports | 45,937 | (45,937) | |||||
| 207,308 | 1,708,194 | (1,709,900) | 52,595 | 258,197 | |||
| Total Unrestricted | funds | 342,308 | 1,708,194 | (1,714,779) | 65,522 | 401,245 |
| Restricted funds | |||||
|---|---|---|---|---|---|
| Extra Time | 6,661 | 1,250 | (12,392) | 4,481 | |
| Together Stronger (Lintel Trust) | 16,387 | (13,860) | (977) | 1,750 | |
| Kick Cancer Lingen Davies | 5,342 | 10,000 | (3,568) | 11,774 | |
| Shropshire Council CIL |
|||||
| Funding | 246,400 | ||||
| Children in Need Tech Booster |
458 | (458) | |||
| Exercise on Referral | 41,448 | (30,963) | 10,485 | ||
| Money Heroes CIN | 1,000 | (1,000) | |||
| Veteran Armed Forces Hub | 3,969 | (1,026) | 2,943 | ||
| DWP Back in the Game | 34,130 | (29,399) | 4,731 | ||
| Future Generations CIN |
33,716 | (33,716) | |||
| Premier League Primary Stars | 40,000 | (12,922) | (27,078) | ||
| Return to Football | 6,000 | (980) | (5,020) | ||
| PL Kickz | 3,957 | 32,500 | (31,503) | (4,954) | |
| Short Breaks | 7,649 | (3,740) | (3,909) | ||
| Screwlix STYLCentre | 558 | (559) | |||
| Sropshire Council Prescribing | 5,833 | (1,120) | 4,713 | ||
| Shropshire Council HAF |
38,112 | (19,982) | (18,130) | ||
| Shropshire Council Training |
57,884 | (57,884) | |||
| WNST 1+ | 8,000 | (82) | (7,818) | ||
| 279,764 | 321,491 | (252,937) | (65,522) | 282,796 | |
| Total offunds | 622,072 | 2,029,685 | (1,867,716) | 684,041 |
| Statement offund | s - | prior year | |||||
|---|---|---|---|---|---|---|---|
| Balance at | |||||||
| Balance at | Transfers | 31August | |||||
| 1 Ju/y 2020 | Income | Expenditure | Infout | 202'I | |||
| E | 5 | B | |||||
| Unrestricted funds |
|||||||
| Designated funds |
|||||||
| Annual site upgrades |
and | ||||||
| repairs | 25,919 | 9,081 | 35,000 | ||||
| Foundation 3G Pitch Sinking |
|||||||
| Fund | 25,000 | (25,000) | |||||
| New Building | e9,064 | 89,064 | |||||
| Leasehold Improvements |
10,936 | 10,936 | |||||
| 50,919 | 84,081 | 135,000 | |||||
| General funds | |||||||
| CFH - Community | Football Hub | 4,477 | 138,S26 | (168,896) | 25,809 | ||
| Community Sports |
5'I,049 | (51,049) | |||||
| Core | 22 775 | (205,751) | 182976 | ||||
| Education | 21,142 | 146,590 | (136,020) | (19,438) | 12,274 | ||
| Events It 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) | (1S,091) | 9,9se | ||
| NCS | 75,809 | 457,733 | (213,301) | (196,298) | 123,943 | ||
| Football Development | 177,980 | (184,760) | 6,780 | ||||
| Inclusion | 1,455 | 22,948 | (52867) | 28,464 | |||
| School Sports | lee,sge | (156,973) | 14,314 | 45,937 | |||
| 199,278 | 1,317,924 | (1,269,742) | (40,152) | 207308 | |||
| Total Unrestricted | funds | 250,197 | 1,317,924 | (1,269,742) | 43,929 | 342,308 |
| Restricted funds | ||||||
|---|---|---|---|---|---|---|
| Extra Time | 3,589 | 24,731 | (21,504) | (135) | S,S61 | |
| Together Stronger (Lintel Trust) | 19,822 | 20,000 | (23,435) | 16,387 | ||
| Kick Cancer Lingen | Device | 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 | |||
| Exercise on Referral | 2,500 | (2,376) | (124) | |||
| Money Heroes CIN | S,766 | (2,244) | (4,522) | |||
| Veteran Armed Forces Hub | 35,000 | (35,000) | ||||
| DWP Back in the Game | 37,017 | (37,017) | ||||
| EFTLCore | 46,S67 | (48,860) | 2,193 | |||
| Future Generations | CIN | 2,000 | (2,000) | |||
| Premier League Primary Stars | 15,000 | (15,000) | ||||
| Return to Football | 900 | (900) | ||||
| PL Kickz | 32187 | (28,210) | 3,957 | |||
| Short Breaks | 2,500 | (1,682) | (818) | |||
| Screwfix STYLCentre | 2,000 | (1,138) | (303) | |||
| Shropshire Council HAF |
40,000 | (2,606) | (37,394) | |||
| Shropshire Council Training |
36,244 | (36,244) | ||||
| Tackling Loneliness | Together | 19,300 | (19,620) | 320 | ||
| WNST 1+ | 5,333 | (2,187) | (3,146) | |||
| 24,564 | 590,652 | (291,523) | (43,929) | 279,7S4 | ||
| Total offunds | 274,761 | 1,908,576 | (1,561,265) | 622,072 |
| Summary | offunds - current y | ear | ear | ||||
|---|---|---|---|---|---|---|---|
| Balance at 1 | Balance at | ||||||
| September | Transfers | 31August | |||||
| 2021 | Income | Expenditure | In/out | 2022 | |||
| 6 | 8 | E | 8 | ||||
| Designated | funds | 135,000 | (4,879) | 12,927 | 143,048 | ||
| General funds | 207,308 | 1,708,194 | (1,709,900) | 52,595 | 258,197 | ||
| Restricted | funds | 278,764 | 321,491 | (252,937) | (65,522) | 282,786 | |
| 622,072 | 2,028,685 | (1,867,716) | 684,041 | ||||
| Summary | offunds - prior year | ||||||
| Balance at | |||||||
| Ba/ance at | Transfers | 31August | |||||
| 1 | Ju/y 2020 | Income f |
Expenditure | in/out | 2021 | ||
| Designated | funds | 50,919 | 84,081 | 135,000 | |||
| General funds | 199,278 | 1,317924 | (1,269,742) | (40,152) | 207,308 | ||
| Restricted | funds | 24,554 | 590,652 | (291,523) | (43,929) | 279,754 | |
| 274,761 | 1,908,576 | (1,55'/, 255) | 522,072 | ||||
| Analysis of net assets between | funds | ||||||
| Analysis ofnet assets between | funds - current | year | |||||
| Unrestricted | Restricted | Total | |||||
| funds | funds | funds | |||||
| 2022 | 2022 | 2022 | |||||
| 8 | 8 | ||||||
| Tangible fixed assets | 74,304 | 464,960 | 539,264 | ||||
| Current assets | 509,199 | 3,842 | 513,041 | ||||
| Creditors due within one year | (182,258) | (16,900) | (188,158) | ||||
| Creditors due in more than one year | (169,106) | (169,106) | |||||
| Total | 401,245 | 282,796 | 684,041 |
| Analysis | ofn | et assets between funds - prio | r year | ||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | |||
| funds | funds | funds | |||
| 2021 | 2021 | 2021 | |||
| 8 | |||||
| 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 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| 8 | ||||
| Net income for the | year (as per Statement ofFinancial Activities) | 61,969 | 347,311 | |
| Adjustments for: |
||||
| Depreciation charges |
11,826 | 7,084 | ||
| Dividends, interests |
and rents from | investments | (17) | (75) |
| Decrease/(increase) | in debtors | 110,301 | (212873) | |
| Increase/(decrease) | in creditors | 163,532 | (32,938) | |
| Net cash provided | by operating | activities | 347,611 | 108,509 |
| 2022 | 2021 | ||
|---|---|---|---|
| 8 | 8 | ||
| Cash | in hand | 307,428 | 287,490 |
| Total | cash and cash equivalents | 307,428 | 287,490 |
| At 1 | ||||
|---|---|---|---|---|
| September | At 31 | |||
| 2021 8 |
Cash flows f |
August 2022 5 |
||
| Cash | at bank and in hand | 287,490 | 19,938 | 307,428 |
| Debt | due within 1 year |
(16,900) | (16,900) | |
| Debt | due after 1 year | (169,106) | (169,108) | |
| 287,490 | (166,088) | 121,422 |
| At 31August 2022 the Charity had commitments to make future cancellable operating leases as follows: |
minimum lease payments unde |
r non- |
|---|---|---|
| 2022 | 2021 | |
| 8 | 8 | |
| Not later than 1 year | 6,517 | 358 |
| Later than 1 year and not later than 5years | 10,552 | |
| 17,069 | 358 |