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2023-08-31-accounts

Page
Report ofthe Trustees 1 to 14
Report ofthe Independent
Auditors		 15 to 18
Statement of Financial Activities 19
Statement of Financial Position 20
Statement ofCash Flows 21
Notes to the Statement ofCash Flows 22
Notes to the Financial Statements 23 to 40

f or the Year En ded 31 Au
u		 st 2023
2023 2022
Unrestricted Restricted Total Total
funds funds funds funds
Notes 6 E E
INCOME AND ENDOWMENTS FROM
Donations
and legacies		 2 30,381 21 30,402 10,011
Charitable
activities
Total activities 461,257 634,501 1,095,758 1,036,248
Other trading
activities		 3 163,755 163,755 139,559
Investment
income		 4 748 748
Total 656,141 634,522 1,290,663 1,185,818
EXPENDITURE ON
Raising funds 6 10,315 10,315 8,523
Charitable
activities
Total activities 706,735 650,872 1,357,607 1,129,292
Total 717,050 650,872 1,367,922 1,137,815
NET INCOME/(EXPENDITURE) (60,909) (16,350) (77,259) 48,003
Transfers
between funds		 20 (25,000) 25,000
Net movement
in funds		 (85,909) 8,650 (77,259) 48,003
RECONCILIATION
OF FUNDS
Total funds brought
forward		 318,053 151,417 469,470 421,467
TOTAL FUNDS CARRIED FORWARD 232,144 160,067 392,211 469,470

2023 2022
Unrestricted Restricted Total Total
funds funds funds funds
Notes F 6 F 6
FIXEDASSETS
Tangible assets 15 2,217 2,217 4,624
Investments 16 100 100
2,317 2,317 4,624
CURRENT ASSETS
Debtors 17 99,581 50,431 150,012 210,785
Cash at bank and in hand 175,206 131,792 306,998 402,334
274,787 182,223 457,010 613,119
CREDITORS
Amounts
falling due within one year		 18 (44,961) (22,155) (67,116) (148,273)
NET CURRENT ASSETS 229,826 160,068 389,894 464,846
TOTAL ASSETSLESSCURRENT
LIABILITIES 232,143 160,068 392,211 469,470
NET ASSETS 232,143 160,068 392,211 469,470
FUNDS 20
Unrestricted
funds		 232,143 318,053
Restricted funds 160,068 151,417
TOTAL FUNDS 392,211 469,470

fort he Year Ended 31 Au
ust 2023
2023 2022
Notes F F
Cash flows from operating activities
Cash generated
from operations		 1 (118,139) 81,472
Net cash (used in)/provided by operating
activities (118,139) 81,472
Cash flows from investing activities
Purchase offixed asset investments (100)
Interest received 748
Net cash provided
by investing
activities		 648
Change
in cash and cash
equivalents
in the reporting
period
Cash and cash equivalents		 at the (117,491) 81,472
beginning
ofthe reporting		 period 2 402,334 320,862
Cash and cash equivalents at the
end ofthe reporting
period		 284,843 402,334

OPERATING ACTIV ITIES
2023 2022
E
Net (expenditure)/income for the reporting period (as per
the Statement of Financial Activities) (77,259) 48,003
Adjustments
for:
Depreciation
charges		 2,408 2,744
Interest received (748)
Decrease
in debtors		 60,773 35,180
Decrease
in creditors		 (103,313) (4,455)
Net cash (used in)/provided by operations (118,139) 81,472
ANALYSIS OF CASH AND CASH EQUIVALENTS
2023 2022
E
Cash in hand 100
Notice deposits (less than 3months) 306,998 402,234
Overdrafts
included		 in bank loans and overdrafts falling due
within one year (22,155)
Total cash and cash equivalents 284,843 402,334
ANALYSIS OF CHANGES IN NET FUNDS
At 1.9.22
F		 Cash flow
f		 At 31.8.23
Net cash
Cash at bank and in hand 402,334 (95,336) 306,998
Bank overdrafis (22,155) (22,155)
402,334 (117,491) 284,843
Total 402,334 (117,491) 284,843

for the Y for the Y for the Y ear Ended 3 1Au
ust 2023
2. DONATIONS
AND		 LEGACIES
2023 2022
E
Donations 30,402 10,011
3. OTHER TRADING ACTIVITIES
2023
F		 2022
f
Education 77,370 74,113
Holiday courses 86,385 65,446
163,755 139,559
4. INVESTMENT INCOME
2023
6		 2022
f
Interest receivable - trading 748
5. INCOME FROM CHARITABLE ACTIVITIES
2023 2022
Activity
General
income		 Total activities 304,857 457,986
Grant income Total activities 634,001 370,762
Sponsorship Total activities 910 800
BTEC Total activities 155,990 206,700
1,095,758 1,036,248
Deferred incoming resources 31/8/23 31/8/22
6 6
Deferred income brought forward and released during the year 21,539 97,880
Income received during the period 1,278,161 1,109,477
Deferred income carried forward (9,036) (21,539)
Income recognised in year to 31 August 1,290,664 1,185,818

Other trading activities activities
2023 2022
E f
Staff costs 9,268 7,747
Facility hire 1,047 776
10,315 8,523
CHARITABLE ACTIVITIES COSTS
Grant
funding of
Direct activities Support
Costs (see (see note costs (see
note 8) 9) note 10) Totals
R
Total activities 1,111,148 127,000 119,459 1,357„607
DIRECT COSTS OF CHARITABLE ACTIVITIES
2023 2022
6
Staff costs 824,847 689,537
Sundries 37,524 44,107
Transport
and travel		 14,943 20,609
Repairs, renewals and equipment 47,054 46,291
Equipment
hire		 2,183 3,592
Postage and stationery 6,134 10,393
Telephone 13,214 15,100
Advertising 2,318 4,592
Staff training and coaching 10,711 20,058
Facility hire 92,623 69,095
Resources 3,452 5,979
Coaches and physio 43,002 41,710
Trips and outings 12,393 16,259
Consultancy 750 28,965
Bad debts 9,570
1,111,148 1,025,857

2023 2022
F F
127,000
Governance
Management costs Totals
6 6
109,489 9,970 119,459
Support cost s, included in the above, are as follows:
2023 2022
Total Total
activities activities
E F.
Wages 92,679 77,476
Facility hire 10,474 7,764
Insurance 3,928 3,250
Depreciation oftangible assets 2,408 2,744
Auditors' remuneration 6,600 6,600
Auditors' remuneration for non audit
work 3,054 4,370
Professional fees 316 1,231
119,459 103,435

2023 2022
E
Auditors' remuneration 6,600 6,600
Auditors' remuneration for non audit work 3,054 4,370
Depreciation
-owned		 assets 2,407 2,744

STAFF COSTS
2023 2022
L
Salaries and wages 857,935 710,635
Social security 55,782 53,166
Pensions 13,078 10,959
926,795 774,760
During the year key management During the year key management During the year key management personnel received remuneration received remuneration amounting to 6157,775
(2022 123,667).
2023 2022
Employees
with emoluments		 L'60,000- L'70,000
The average
monthly		 number of employees during the year was as follows:
2023 2022
Permanent
employees		 43 41
14. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted Total
funds funds funds
6 L' F
INCOME AND ENDOWMENTS FROM
Donations and legacies 6,994 3,017 10,011
Charitable
activities
Total activities 681,101 355,147 1,036,248
Other trading
activities		 139,559 139,559
Total 827,654 358,164 1,185,818
EXPENDITURE ON
Raising funds 6,879 1,644 8,523

Notes to the Financial Statements
-continued
for the Year Ended 31Au
ust 2023		 Notes to the Financial Statements
-continued
for the Year Ended 31Au
ust 2023		 Notes to the Financial Statements
-continued
for the Year Ended 31Au
ust 2023		 Notes to the Financial Statements
-continued
for the Year Ended 31Au
ust 2023		 Notes to the Financial Statements
-continued
for the Year Ended 31Au
ust 2023		 Notes to the Financial Statements
-continued
for the Year Ended 31Au
ust 2023		 Notes to the Financial Statements
-continued
for the Year Ended 31Au
ust 2023
14. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted Restricted Total
funds funds
6		 funds
f
Charitable
activities
Total activities 716,370 412,922 1,129,292
Total 723,249 414,566 1,137,815
NET INCOME/(EXPENDITURE) 104,405 (56,402) 48,003
Transfers
between		 funds (31,234) 31,234
Net movement
in funds		 73,171 (25,168) 48,003
RECONCILIATION OF FUNDS
Total funds brought forward 244,882 176,585 421,467
TOTAL FUNDS CARRIED
FORWARD 318,053 151,417 469,470
15. TANGIBLE FIXEDASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
E 6
COST
At 1 September 2022 5,218 13,077 5,153 23,448
Disposals (5,620) (5,153) (10,773)
At 31 August 2023 5,218 7,457 12,675
DEPRECIATION
At 1 September 2022 3,825 9,846 5,153 18,824
Charge for year 916 1,491 - 2,407
Eliminated
on disposal		 (5,620) (5,153) (10,773)
At 31 August 2023 4,741 5,717 10,458
NET BOOK VALUE
At 31August 2023 477 1,740 2,217
At 31 August 2022 1,393 3,231 4,624

FIXEDASSET INVESTMENTS
Unlisted
investments
F
MARKET VALUE
Additions 100
NET BOOK VALUE
At 31 August 2023 100
At 31 August 2022

DEBTORS:A MOUNTS
F		 ALLING DUE WITHIN ONE YEAR
2023 2022
F E
Trade debtors 127,046 201,596
Prepayments and accrued income 22,966 9,189
150,012 210,785
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
F F
Bank loans and overdrafts (see note 19) 22,155
Trade creditors 17,097 52,149
Social security and other taxes 2,165 16,490
Accruals 16,663 58,095
Deferred income 9,036 21,539
67,116 148,273

2023 2022
Amounts
falling due within one		 year on demand:
Bank overdrafts 22,155
20. MOVEMENT
IN		 FUNDS
Net Transfers
movement between At
At 1.9.22 in funds funds 31.8.23
6 E 8 8
Unrestricted
funds
General fund 318,053 (60,910) (25,000) 232,143
Restricted funds
PBSA 37,400 (9,161) 28,239
Fighting
Fit		 42,915 (30,277) 12,638
Football Development 8,600 (8,600)
Holiday
Club		 1,200 (1,200)
Multiply 894 894
LCFC Sinking
Fund		 25,000 25,000 50,000
Emerging
Talent		 Centre (ETC) 25,226 25,226
Holiday Activities and Food (HAF)
Holiday Clubs 3,276 3,276
Cargill 10,078 (10,078)
English
in the Community		 26,224 (26,224)
North Kesteven District Council
(NKDC) —Health, Wellbeing 8
Resilience Fund 1,556 1,556
FA Project B1 750 750
Community
Events		 9,340 9,340
National
Grid - Community		 Matters 5,435 5,435
Lincolnshire
County Council (LCC)
- ESOL Adult Education 946 946
Parkinsons
UK		 3,000 3,000
Sport England - Youth Fighting Fit 7,714 7,714
Million Hours 1,054 1,054
City of Lincoln Council - Household
Support Fund 10,000 10,000
151,417 (16,349) 25,000 160,068
TOTAL FUNDS 469,470 (77,259) 392,211

Net movement
in fund		 s,
in		 c luded in the above are as follows:
Incoming Resources Movement
resources expended in funds
6 F
Unrestricted
funds
General fund 656,141 (717,051) (60,910)
Restricted funds
PBSA 56,778 (65,939) (9,161)
Fighting
Fit		 (30,277) (30,277)
Football Development (8,600) (8,600)
Holiday Club (1,200) (1,200)
Premier League Primary Stars 35,000 (35,000)
Multiply 80,607 (79,713) 894
Premier League Core Funding 14,500 (14,500)
Wildcats 3,800 (3,800)
Emerging
Talent Centre (ETC)		 50,000 (24,774) 25,226
National
Grid - Warm		 Hub 8,000 (8,000)
East Midlands
Railway		 1,000 (1,000)
Lincolnshire
County Council - Shine		 16,136 (16,136)
NHS Winter Pressures 9,928 (9,928)
Evan Cornish Grassroots fund 2,448 (2,448)
Holiday Activities and Food (HAF)
Holiday Clubs 47,247 (43,971) 3,276
Community
Renewal		 Fund (CRF) 5,474 (5,474)
Youth Sports Justice 19,522 (19,522)
Premier League Kicks 33,928 (33,928)
Cargill (10,078) (10,078)
Twinning
(Prisons)		 12,500 (12,500)
English
in the Community		 637 (26,861) (26,224)
EFL Community
Club
Organisation
s		 35,000 (35,000)
North Kesteven
District Council
(NKDC) - Health, Wellbeing 8
Resilience
Fund		 3,500 (1,944) 1,556
Youth Investment
Fund		 137,822 (137,822)
FA Project B1 750 750
Community
Events		 10,999 (1,659) 9,340
Together Fund 3,763 (3,763)
National
Grid - Community		 Matters 9,648 (4,213) 5,435
Lincolnshire
County Council (LCC)
- ESOL Adult Education 1,063 (117) 946
City of Lincoln Council - Community
World Cup Event 1,572 (1,572)
John Dauber - Sincil Bank FC 1,501 (1,501)
Parkinsons
UK		 3,000 3,000
Sport England - Youth Fighting Fit 7,714 7,714
Million Hours 9,685 (8,631) 1,054
City of Lincoln Council - Household
Support
Fund		 11,000 (1,000) 10,000

MOVEM ENT
IN FUNDS - continue		 d
634,522 (650,871) (16,349)
TOTAL FUNDS 1,290,663 (1,367,922) (77,259)

Compar atives
for movement
in fu		 nds
Net Transfers
movement between At
At 1.9.21
f		 in funds
F		 funds
f		 31.8.22
L
Unrestricted
funds
General fund 244,882 104,405 (31,234) 318,053
Restricted funds
PBSA 85,528 (48,128) 37,400
Fighting Fit 42,915 42,915
Football Development 8,600 8,600
Holiday Club 1,200 1,200
Premier League Primary Stars (5,535) 5,535
LCFC Sinking
Fund		 25,000 25,000
Premier League Kicks (157) 157
Cargill 11,471 (1,393) 10,078
Twinning (Prisons) 5,305 (5,847) 542
English in the Community 50,365 (24,141) 26,224
Tackling Inequalities 5,000 (5,000)
Health 8 Wellbeing 5,000 (5,000)
Inspiring Lives 13,916 (13,916)
176,585 (56,402) 31,234 151,417
TOTAL FUNDS 421,467 48,003 469,470