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|||Page|
|---|---|---|
|Report ofthe Trustees||1 to 13|
|Report ofthe independent
Auditors||14 to 17|
|Statement of Financial|Activities|18|
|Statement of Financial|Position|19|
|Statement of Cash Flows||20|
|Notes to the Statement|of Cash Flows|21|
|Notes to the Financial|Statements|22 to 35|
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|So, in tot|al, t|his creates|a target unrestricted
reserves range o|f6190k-230k. This is shown
in the ta|ble below.|
|---|---|---|---|---|---|
|||||Target|Actual at|
|Requirements||||range|31.8.22|
|||||fk|fk|
|Working|capital|||130|130|
|Risks in|income 2022/23|||25|25|
|Provision|for|unplanned|expenditure|25|25|
|General|fund|||180|180|
|Development||fund||10-50|138|
|Total||||190-230|318|
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|||||Lincol|Lincol|Lincol|n
Ci
Foundation|n
Ci
Foundation|n
Ci
Foundation|||
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||Statement|||of Financial Activities|||||
|||Incor||ora in|an|ncome an
x en|||i ure Account|||
|||||or|e|ear||n e
u
us||||
|||||||||||31/8/22|31/8/21|
|||||||||Unrestricted|Restricted|Total|Total|
|||||||||funds|funds|funds|funds|
|||||||Notes|||E|f|6|
|INCOME AND ENDOWMENTS|||FROM|||||||||
|Donations
and legacies||||||||6,994|3,017|10,011|10,181|
|Charitable
activities||||||4||||||
|Total activities||||||||681,101|355,147|1,036,248|846,087|
|Other trading
activities|||||||3|139559||139,559|117,517|
|Total||||||||827,654|358,164|1,185,818|973,785|
|EXPENDITURE ON||||||||||||
|Raising funds|||||||5|6,879|1,644|8,523|6,738|
|Charitable
activities||||||||||||
|Total activities||||||||716,370|412,922|1,129,292|801,407|
|Total||||||||723,249|414,566|1,137,815|808,145|
|NET INCOME/(EXPENDITURE)
Transfers
between funds|||||||16|104,405
~31,234|(56,402)
31,234|48,003|165,640|
|Net movement
in funds||||||||73,171|(25,168)|48,003|165,640|
|RECONCILIATION|OF FUNDS|||||||||||
|Total funds brought|forward|||||||244,882|176,585|421,467|255,827|
|TOTAL FUNDS CARRIED||FORWARD||||||316053|151417|466470|421 467|
||Lincoln Ci|Foundatio|n
|Re istered number|: 06608600|||
|---|---|---|---|---|---|---|---|
|||Statement|of|Financial
Position||||
||||u us|||||
|||||||31/8/22|31/8/21|
|||||Unrestricted|Restricted|Total|Total|
|||Notes||funds
6|funds
E|funds
f|funds
6|
|FIXEDASSETS||||||||
|Tangible assets|||13|4,624||4,624|7,368|
|CURRENT ASSETS||||||||
|Debtors|||14|204,447|6,338|210,785|245,965|
|Cash at bank and|in hand|||245,175|157,159|402,334|320,862|
|||||449,622|163,497|613,119|566,827|
|CREDITORS||||||||
|Amounts
falling due within one year|||15|(136,193)|(12,080)|(148,273)|(152,728)|
|NET CURRENT ASSETS||||313,429|151,417|464,846|414,099|
|TOTAL ASSETS|LESSCURRENT|||||||
|LIABILITIES||||318,053|151,417|469,470|421,467|
|NET ASSETS||||318,053|151,417|469,470|421,467|
|FUNDS||16||||||
|Unrestricted
funds||||||318,053|244,882|
|Restricted
funds||||||151,417|176,585|
|TOTAL FUNDS||||||469470|421 467|
|||Lincoln
Ci
Foundation|Lincoln
Ci
Foundation|Lincoln
Ci
Foundation|Lincoln
Ci
Foundation|Lincoln
Ci
Foundation||||
|---|---|---|---|---|---|---|---|---|---|
|||Statement ofCash Flows||||||||
||for|the|ear|n e|u|us|2022|||
||||||||31/8/22||31/8/21|
|||Notes||||||E|E|
|Cash flows from operating|activities|||||||||
|Cash generated
from operations|||||||81,472||100,617|
|Net cash provided
by operating
activities|||||||81|472|100617|
|Cash flows from investing
activities
Purchase oftangible
fixed assets
Net cash provided
by/(used
in) investing||activities|||||||~430)
~430)|
|Change
In cash and cash||||||||||
|equivalents
in the reporting||||||||||
|period|||||||81,472||100,187|
|Cash and cash equivalents|at the|||||||||
|beginning
ofthe reporting|period||||||320,862||220,675|
|Cash and cash equivalents|at the|||||||||
|end ofthe reporting
period|||||||402,334||320,862|
##
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|ACTIVITIES|||||||||
|---|---|---|---|---|---|---|---|---|
||||||||31/8/22|31/8/21|
||||||||6|8|
|Net income|for the||reporting||period (as per the Statement||||
|of Financial|Activities)||||||48,003|165,640|
|Adjustments|for:||||||||
|Depreciation|charges||||||2,744|5,565|
|Decrease
in|stocks|||||||4,060|
|Decrease/(increase)
(Decrease)/increase
Net cash provided|||in debtors
in creditors
by operations||||35,180
~4,455)
81 472|(129,491)
54,843
100617|
|ANALYSIS OF CHANGES||||IN|NET FUNDS||||
|||||||At 1.9.21|Cash flow|At 31.8.22|
|||||||8|6|8|
|Net cash|||||||||
|Cash at bank and||in|hand|||320,862|81,472|402,334|
|||||||320,862|81 472|402 334|
|Total||||||320862|81 472|402 334|
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|31/8/22f|31/8/21
f|
|---|---|
|10011|10181|
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||||||31/8/22f|31/8/21f|
|---|---|---|---|---|---|---|
|Education|||||74,113|86,000|
|Holiday courses|||||65,446|31,517|
||||||139559|117517|
|INCOME FROM|CHARITABLE ACTIVITIES||||||
||||Activity||31/8/22f|31/8/21
f|
|General
income|||Total activities||457,986|298,270|
|Matchday
activities|||Total activities|||23|
|Grant income|||Total activities||370,762|374,794|
|Sponsorship|||Total activities||800||
|BTEC|||Total activities||206,700|173,000|
||||||I 036 248|846 087|
|Deferred incoming||resources|||31/8/22
f|31/8/21
f|
|Deferred
income|brought||forward
and released|during the year|97,880|69,375|
|Income received
Deferred
income|dunng
camed||the period
forward||1,109,477
~21 539|1,002,290
~97,880)|
|Income recognised||in year to 31 August|||I 185 618|973 7115|
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|Othe|r trading
activities|||
|---|---|---|---|
|||31/8/22f|31/8/21f|
|Staff|costs|7,747|6,021|
|Hire|offacilities|776|717|
|||8 523|6738|
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|||Notes to the Financial Statem
or
e
ear
n e|Notes to the Financial Statem
or
e
ear
n e|ents
-continued
u
us|||
|---|---|---|---|---|---|---|
|CHARITABLE||ACTIVITIES COSTS|||||
|||||Direct|Support||
|||||Costs (see|costs (see||
|||||note 7)
f|note 8)
f|Totals
f|
|Total activities||||1 025857|103435|1 129292|
|DIRECT COSTS|||OF CHARITABLE ACTIVITIES||||
||||||31/8/22|31/8/21|
|||||||f|
|Staff costs|||||689,537|535,894|
|Sundries|||||44,107|21,950|
|Transport
and||travel|||20,609|12,751|
|Repairs, renewals|||and equipment||46,291|13,845|
|Equipment
hire|||||3,592|1,958|
|Postage and|stationery||||10,393|7,317|
|Telephone|||||15,100|7,171|
|Advertising|||||4,592|4,234|
|Staff training|and||coaching||20,058|13,658|
|Facility hire|||||69,095|63,757|
|Resources|||||5,979|15,020|
|Coaches and||physio|||41,710|8,105|
|Trips and outings|||||16,259||
|Consultancy|||||28,965|30,494|
|Administration||recharges||||(107)|
|Management||recharges||||(28,656)|
|Bad debts|||||9,570|584|
||||||1 025 857|707975|
|SUPPORT COSTS|||||||
||||||Governance||
|||||Management
f|costs
f|Totals
f|
|Total activities||||91234|12201|103435|
##
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##
|Support costs, included|in the a|bove, are as follows:|||
|---|---|---|---|---|
||||31/8/22|31/8/21|
||||Total|Total|
||||activitiesf|activitiesf|
|Wages|||77,476|60,214|
|Hire offacilities|||7,764|7,165|
|Insurance|||3,250|4,292|
|Administrative
costs||||4,521|
|Depreciation
of tangible|assets||2,744|5,566|
|Auditors'
remuneration|||6,600||
|Auditors'
remuneration|for non audit||||
|work|||4,370||
|Accountancy||||7,159|
|Professional
fees|||1,231|4515|
||||103435|93432|
|NET INCOME/(EXPENDITURE)|||||
|Net income/(expenditure)|is stated after charging/(crediting):||||
||||31/8/22|31/8/21|
||||8|8|
|Auditors'
remuneration|||6,600||
|Auditors'
remuneration|for non audit work||4,370||
|Depreciation
- owned assets|||2,744|5,565|
|Other operating
leases|||8,540|7,882|
|Fees payable to the Independent||Examiner - for the|||
|Independent
Examination||||1,800|
|Other fees paid to Independent||Examiner||5 171|
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|STAFF COSTS|||
|---|---|---|
||2022|2021|
||6|6|
|Salaries and wages|710,635|550,131|
|Social security|53,166|38,234|
|Pensions|10,959|9,888|
||774 766|535253|
##
##
||||||Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|
||||||funds|funds|funds|
||||||6||6|
|INCOME|AND||ENDOWMENTS|FROM||||
|Donations|and||legacies||10,181||10,181|
|Charitable|activities|||||||
|Total activities|||||393,602|452,485|846,087|
|Other trading||activities|||117,517||117,517|
|Total|||||521,300|452,485|973,785|
##
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||or
e
ear
n e
u
|or
e
ear
n e
u
|or
e
ear
n e
u
|or
e
ear
n e
u
|us|us||
|---|---|---|---|---|---|---|---|
|12.|COMPARATIVES FOR THE STATEMENT OF FINANCIAL||||ACTIVITIES - continued|||
||||||Unrestricted|Restricted|Total|
||||||funds
E|funds
6|fundsf|
||||||(1,712)|8,450|6,738|
||Charitable
activities|||||||
||Total activities||||513,676|287,731|801,407|
||Total||||511,964|296,181|808,145|
||NET INCOME||||9,336|156,304|165,640|
||Transfers
between||funds||61,055|~61,055)||
||Net movement|in funds|||70,391|95,249|165,640|
||RECONCILIATION||OF FUNDS|||||
||Total funds brought||forward||174,491|81,336|255,827|
||TOTAL FUNDS|CARRIED||||||
||FORWARD||||244,882|176,585|421,467|
|13.|TANGIBLE FIXEDASSETS|||||||
||||||Fixtures|||
|||||Plant and|and|Computer||
|||||machinery|fittings|equipment|Totals|
|||||L|6||f:|
||COST|||||||
||At 1 September|2021 and||||||
||31 August 2022|||5218|13,077|5,153|23448|
||DEPRECIATION|||||||
||At 1 September|2021||2,573|8,354|5,153|16,080|
||Charge for year|||1,252|1,492||2,744|
||At 31August 2022|||3,825|9,846|5,153|18,824|
||NET BOOK VALUE|||||||
||At 31August 2022|||1 393|~3231||4 624|
||At 31August 2021|||~2645|~4723||~7368|
##
##
|14.|DEBTO|RS: AMOUNTS|RS: AMOUNTS|FALLING DUE WITHIN ONE YEAR|FALLING DUE WITHIN ONE YEAR||||
|---|---|---|---|---|---|---|---|---|
||||||||31/8/22|31/8/21|
||||||||8|F|
||Trade debtors||||||201,596|229,792|
||Prepayments||and accrued||income||9,189|16,173|
||||||||210785|245 965|
|15.|CREDITORS:||AMOUNTS||FALLING DUE WITHIN ONE YEAR||||
||||||||31/8/22|31/8/21|
|||||||||f|
||Trade creditors||||||52,149|15,027|
||Social security||and other|taxes|||16,490|13,625|
||Accruals||||||58,095|26,196|
||Deferred|income|||||21,539|97,880|
||||||||148273|152728|
|16.|MOVEMENT||IN FUNDS||||||
|||||||Net|Transfers||
|||||||movement|between|At|
||||||At 1.9.21|in funds|funds|31.8.22|
||||||L|6|||
||Unrestricted||funds||||||
||General|fund|||244,882|104,405|(31,234)|318,053|
||Restricted funds||||||||
||Cargill||||11,471|(1,393)||10,078|
||Inspiring|Lives|||13,916|(13,916)|||
||PBSA||||85,528|(48,128)||37,400|
||Premier|League Kicks||||(157)|157||
||Primary|Stars||||(5,535)|5,535||
||Twinning|(Prisons)|||5,305|(5,847)|542||
||English|in the|Community||50,365|(24,141)||26,224|
||Tackling|Inequalities|||5,000|(5,000)|||
||Health
& VVellbeing||||5,000|(5,000)|||
||Fighting|Fit||||42,915||42,915|
||LCFC Sinking||Fund||||25,000|25,000|
||Football|Development||||8,600||8,600|
||Holiday|Club|||176,585|1 200
~56402)|31 234|1,200
151,417|
||TOTAL|FU NDS|||421 467|48,003||469470|
##
##
|Net movement
in|funds,
included
in the abov|e are as follows:|||
|---|---|---|---|---|
|||Incoming|Resources|Movement|
|||resources
f|expended
f|in funds
f.|
|Unrestricted
funds|||||
|General
fund||827,654|(723,249)|104,405|
|Restricted funds|||||
|Cargill|||(1,393)|(1,393)|
|Inspiring
Lives|||(13,916)|(13,916)|
|PBSA||42,101|(90,229)|(48,128)|
|Premier League|Kicks|19,184|(19,341)|(157)|
|Primary Stars||32,286|(37,821)|(5,535)|
|Twinning
(Prisons)||2,560|(8,407)|(5,847)|
|English
in the Community||19,000|(43,141)|(24,141)|
|Tackling
Inequalities|||(5,000)|(5,000)|
|Health 6 Wellbeing||25,000|(30,000)|(5,000)|
|EFLT Extra Time|Hub|25,271|(25,271)||
|Fighting
Fit||58,499|(15,584)|42,915|
|EFL Community|Club||||
|Organisations||35,000|(35,000)||
|Football
Development||8,600||8,600|
|Holiday
Club||37,990|(36,790)|1,200|
|Traineeships
Team Talk
TOTAL FUNDS||40,263
12410
358,164
1 185818|(40,263)
~)2,4)0)
~414,566)
~1 132815)|~56,402)
48 003|
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|Compar|atives
fo|r|movement
in funds|||||
|---|---|---|---|---|---|---|---|
||||||Net|Transfers||
||||||movement|between|At|
|||||At 1.9.20|in funds|funds|31.8.21|
||||||6||6|
|Unrestricted
funds||||||||
|General|fund|||174,491|9,336|61,055|244,882|
|Restricted funds||||||||
|Cargill|||||11,471||11,471|
|NCS||||54,843|29|(54,872)||
|Moorland
Kurling||Club||1,679||(1,679)||
|Inspiring|Lives|||13,916|||13,916|
|Get On|Side|||852||(852)||
|PBSA||||6,893|78,635||85,528|
|Autism Awareness|||||498|(498)||
|Premier|League Kicks|||475|2|(477)||
|Primary|Stars|||127|(1)|(126)||
|Tackling|Loneliness||Together|2,551||(2,551)||
|Twinning|(Prisons)||||5,305||5,305|
|English|in the Community||||50,365||50,365|
|Tackling|Inequalities||||5,000||5,000|
|Health 8 Wellbeing|||||5 000||5,000|
|||||81 336|156304|~61 055)|176,585|
|TOTAL|FU NDS|||255 827|165,640||421 467|
##
##
|Compar|a|tive
net mo|vement
in funds,
included
|in the above are as follows:|||
|---|---|---|---|---|---|---|
|||||Incoming|Resources|Movement|
|||||resources
f|expended
f|in funds
f.|
|Unrestricted
funds|||||||
|General||fund||521,300|(511,964)|9,336|
|Restricted funds|||||||
|Cargill||||14,887|(3,416)|11,471|
|NCS||||118,721|(118,692)|29|
|PBSA||||153,494|(74,859)|78,635|
|Autism|Awareness|||2,733|(2,235)|498|
|Premier||League Kicks||19,110|(19,108)|2|
|Primary||Stars||37,589|(37,590)|(1)|
|Tackling||Loneliness|Together|26,526|(26,526)||
|Twinning||(Prisons)||7,500|(2,195)|5,305|
|English||in the Community||61,925|(11,560)|50,365|
|Tackling||Inequalities||5,000||5,000|
|Health|& Wellbeing|||5,000||5,000|
|||||452,485|~296,181)|156,304|
|TOTAL||FUNDS||973,785|~808,145)|165,640|
|RESTRICTED FUNDS|||||||
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