**Charity Registration No. 01130439**
**Company Registration No. 06659482 (England and Wales)**
## **Beyond Sport Foundation**
**Annual Report and Financial Statements For the period ended 31 December 2021**
## **Beyond Sport Foundation**
## **Contents**
||**Page**|
|---|---|
|Trustees' report|1 - 3|
|Statement of trustees' responsibilites|4|
|Independent auditor's report|5 - 7|
|Statement of fnancial actvites|8|
|Balance sheet|9|
|Statement of cash fows|10|
|Notes to the fnancial statements|11 - 18|
## **Beyond Sport Foundation**
## **Legal and administrative information**
|**Trustees**|R Becker||
|---|---|---|
||A Chalat||
||N Keller||
||M de Carvalho|(Appointed 31 January 2022)|
||J Gleasure|(Appointed 31 January 2022)|
||K Nascimento|(Appointed 31 January 2022)|
||A Shabazz|(Appointed 31 January 2022)|
||J Teik Oon|(Appointed 31 January 2022)|
||C Rogers|(Appointed 31 January 2022)|
||J Aferman|(Appointed 31 January 2022)|
||S Moloko|(Appointed 31 January 2022)|
|**Charity number**|01130439||
|**Company number**|06659482||
|**Principal address**|110 High Holborn||
||5th Floor||
||London||
||WC1V 6JS||
|**Registered ofce**|110 High Holborn||
||5th Floor||
||London||
||WC1V 6JS||
|**Auditor**|Gilberts Chartered Accountants||
||Pendragon House||
||65 London Road||
||St Albans||
||Hertordshire||
||AL1 1LJ||
## **Beyond Sport Foundation**
## **Trustees' Report (Including Directors' Report)**
## **For the Period ended 31 December 2021**
The trustees present their annual report and financial statements for the period ended 31 December 2021.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Companies Act 2006 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019).
## **Objectives and activities**
The charity's objectives are to promote the use of sport for social change.
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.
## **Achievements and performance**
During the period the charity has successfully received funding from corporate and individual donors to fund projects undertaken in the same period. The charity wrote grants to 38 organisations in the period as detailed in note 4.
## **Financial review**
The charity received £2,033,774 (2020 - £310,230) of funds in the period. It incurred charitable expenditure in the period of £1,844,093 (2020 - £277,288), and other costs of £317,802 (2020 - £45,128). The closing balance on unrestricted funds and total funds amounted to a deficit of £110,086 (2020 - a surplus of £18,035).
As at the Balance Sheet date the charity has net liabilities of £110,086. Benchmark Sport Holdings Limited, a company with directors that are also trustees of Beyond Sport Foundation, has agreed to provide financial support to the charity so that it can meet its liabilities as they fall due, for at least twelve months from the date of approval of the financial statements.
Based on the above support the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
The trustees believe that the company should hold in reserves a sufficient cushion of funds to enable it to continue to exist through a period of reduced income, and should it be necessary to cease to operate and wind up in an orderly fashion. The trustees consider the desirable level of reserves for this purpose to be 6 months of operational expenditure. There is a deficit on unrestricted funds of £110,086 (2020 - a surplus of £18,035). The charity continues to seek funding and the trustees believe that the charity's affairs are uncomplicated and costs can be easily controlled. The trustees are committed toward building the reserves to the required level and based upon financial projections and continued support from related entities the charity will have adequate resources to meet its liabilities as they fall due.
## **Public benefit requirements**
The trustees have referred to guidance in the Charity Commission's general guidance on Public Benefit when reviewing their aims and objectives and in planning future activities. In particular, the trustees consider how planned activities will contribute to the aims and objectives they have set.
- 1 -
## **Beyond Sport Foundation**
## **Trustees' Report (Including Directors' Report) (Continued)**
## **For the Period ended 31 December 2021**
## **Plans for future periods**
Beyond Sport is in a period of immense growth and diversification of activities.
Through a recent Theory of Change, we have outlined our revised strategic vision and mission, resulting in a cohesive path forward. Simultaneous to this, we have diversified our global funding through a range of partnerships that are providing programme focused funding (restricted) as well as unrestricted funding for Beyond Sport's efforts. This important growth is enabling greater sustainability, as well as the opportunity to be more innovative in our approach, and create greater holistic impact.
2022 was a record year of impact for Beyond Sport, and with multi-million pound, multi-year partnerships already confirmed for 2023, we are going to grow exponentially across the board, including our grant making and our unrestricted funding pool.
By enabling true partnership, we believe we can better support life-changing initiatives and, together, develop a roadmap to solve the critical issues of the moment - one Global Goal at a time.
Our work is continuing to evolve and mature, and our partnerships and funding streams are a true reflection of that shift and subsequent success.
## **Structure, governance and management**
The charity is a company limited by guarantee governed by its Memorandum of Association dated 23 July 2008. It is registered as a charity with the Charity Commission in England and Wales.
The trustees who served during the period and up to the date of signature of the financial statements, of which N Keller, R Becker and A Chalat are also the directors for the purpose of company law, were:
|R Becker||
|---|---|
|A Chalat||
|N Keller||
|M de Carvalho|(Appointed 31 January 2022)|
|J Gleasure|(Appointed 31 January 2022)|
|K Nascimento|(Appointed 31 January 2022)|
|A Shabazz|(Appointed 31 January 2022)|
|J Teik Oon|(Appointed 31 January 2022)|
|C Rogers|(Appointed 31 January 2022)|
|J Aferman|(Appointed 31 January 2022)|
|S Moloko|(Appointed 31 January 2022)|
Trustees are appointed or reappointed by the Board or at the AGM. New trustees are invited to familiarise themselves with the charity and the context within which it operates by attending a briefing session led by the chairman of the Board. No remuneration is paid to trustees for their service.
## **Auditor**
Gilberts Chartered Accountants were appointed as auditor to the company and a resolution proposing that they be reappointed will be put at a General Meeting.
- 2 -
## **Beyond Sport Foundation**
## **Trustees' Report (Including Directors' Report) (Continued) For the Period ended 31 December 2021**
The trustees' report was approved by the Board of Trustees.
David Becker (Sep 29, 2022 15:23 GMT+1)
R Becker **Trustee**
29 September 2022
- 3 -
## **Beyond Sport Foundation**
## **Statement of Trustees' Responsibilities**
## **For the Period ended 31 December 2021**
The trustees, who are also the directors of Beyond Sport Foundation for the purpose of company law, are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company Law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period.
In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
- 4 -
## **Beyond Sport Foundation**
## **Independent Auditor's Report**
## **To the Trustees of Beyond Sport Foundation**
## **Opinion**
We have audited the financial statements of Beyond Sport Foundation (the ‘charity’) for the period ended 31 December 2021 which comprise the statement of financial activities, the balance sheet, the statement of cash flows and the notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" (United Kingdom Generally Accepted Accounting Practice).
- In our opinion, the financial statements:
- give a true and fair view of the state of the charitable company's affairs as at 31 December 2021 and of its incoming resources and application of resources, for the period then ended;
- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
- have been prepared in accordance with the requirements of the Companies Act 2006.
## **Basis for opinion**
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the _Auditor's responsibilities for the audit of the financial statements_ section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
## **Conclusions relating to going concern**
In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.
## **Other information**
The other information comprises the information included in the annual report other than the financial statements and our auditor's report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.
## **Matters on which we are required to report by exception**
We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and Reports) Regulations 2008 require us to report to you if, in our opinion:
- the information given in the financial statements is inconsistent in any material respect with the trustees' report; or
- sufficient accounting records have not been kept; or
- the financial statements are not in agreement with the accounting records; or
-
- we have not received all the information and explanations we require for our audit.
- 5 -
## **Beyond Sport Foundation**
## **Independent Auditor's Report (Continued) To the Trustees of Beyond Sport Foundation**
## **Responsibilities of trustees**
As explained more fully in the statement of trustees' responsibilities, the trustees, who are also the directors of the charity for the purpose of company law, are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the charity’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.
## **Auditor's responsibilities for the audit of the financial statements**
We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder.
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
## **Explanations as to what extent the audit was consdiered capable of detecting irregularities, including fraud**
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. However, the primary responsibility for the prevention and detection of fraud rests with both management and those charged with governance of the company. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed in our approach below:
- We obtained an understanding of the legal and regulatory requirements applicable to the company and considered that the most significant are the Companies Act 2006, UK financial reporting standards as issued by the Financial Reporting Council and UK taxation legislation.
- We assessed the risk of material misstatement of the financial statements, including the risk of material misstatement due to fraud and how it might occur, by holding discussions with management and those charged with governance.
- We enquired of management and those charged with governance as to any known instances of non-compliance or suspected non-compliance with laws and regulations. There are inherent limitations in the audit procedures noted above, the further removed non-compliance with laws and regulations is from the events and transactions reflected in the financial statements, the less likely we would become aware of it.
- Based on this understanding, we designed specific appropriate audit procedures to identify instances of non-compliance with laws and regulations. This included making enquiries of management and those charged with governance, miscellaneous receipt and payments testing, journal entry testing, analytical procedures and obtaining additional corroborative evidence as required. In doing so we evaluate whether there was evidence of bias by the directors that represented a risk of material misstatement due to fraud.
- We recognise that the risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment by, for example, forgery or intentional misrepresentations, or through collusion.
- We communicated relevant key laws and regulations and potential fraud risks to all engagement team members and remained alert to any indications of fraud and non-compliance with laws and regulations throughout the audit.
We did not identify any key audit matters relating to irregularities, including fraud.
A further description of our responsibilities is available on the Financial Reporting Council’s website at: https:// www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.
- 6 -
**Independent Auditor's Report (Continued) To the Trustees of Beyond Sport Foundation**
## **Beyond Sport Foundation**
## **Use of our report**
This report is made solely to the charity’s trustees, as a body, in accordance with part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charity's trustees those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity’s trustees as a body, for our audit work, for this report, or for the opinions we have formed.
**Luke Parker ACA (Senior Statutory Auditor)** 29 September 2022 **for and on behalf of Gilberts Chartered Accountants** Pendragon House 65 London Road St Albans Hertfordshire AL1 1LJ
Gilberts Chartered Accountants is eligible for appointment as auditor of the charity by virtue of its eligibility for appointment as auditor of a company under section 1212 of the Companies Act 2006.
- 7 -
## **Beyond Sport Foundation**
## **Statement of Financial Activities Including Income and Expenditure Account**
## **For the Period ended 31 December 2021**
|**Unrestricted**
**funds**
**2021**
**Notes**
**£**
**Income from:**
Charitable actvites
**2**
219,557
**Expenditure on:**
Charitable actvites
**3**
347,678
**Net expenditure for the period/**
**Net movement in funds**
(128,121)
Fund balances at 1 July 2020
18,035
**Fund balances at 31 December 2021**
(110,086)|**Restricted**
**funds**
**2021**
**£**
1,814,217
1,814,217
-
-
-|**Total**
**Unrestricted**
**funds**
**2021**
**2020**
**£**
**£**
2,033,774
310,230
2,161,895
322,416
(128,121)
(12,186)
18,035
30,221
(110,086)
18,035|
|---|---|---|
The statement of financial activities includes all gains and losses recognised in the period.
All income and expenditure derive from continuing activities.
The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.
- 8 -
## **Beyond Sport Foundation**
## **Balance Sheet**
## **For the Period ended 31 December 2021**
|**2021**
**Notes**
**£**
**£**
**Fixed assets**
Intangible assets
**7**
2,380
**Current assets**
Debtors
**8**
142,620
Cash at bank and in hand
71,044
213,664
**Creditors: amounts falling due within one**
**year**
**9**
(320,887)
Net current (liabilites)/assets
(107,223)
**Total assets less current liabilites**
(104,843)
**Creditors: amounts falling due afer more**
**than one year**
**10**
(5,243)
**Net (liabilites)/assets**
(110,086)
**Income funds**
Unrestricted funds
(110,086)
(110,086)|**2020**
**£**
**£**
-
-
240,032
240,032
(71,621)
168,411
168,411
(150,376)
18,035
18,035
18,035|
|---|---|
The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the period ended 31 December 2021, although an audit has been carried out under section 144 of the Charities Act 2011.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements under the requirements of the Companies Act 2006, for the period in question in accordance with section 476.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the Trustees on 29 September 2022
R Becker
**Trustee**
**Company Registration No. 06659482**
- 9 -
## **Beyond Sport Foundation**
## **Statement of Cash Flows**
## **For the Period ended 31 December 2021**
|**Notes**
**Cash fows from operatng actvites**
Cash (absorbed by)/generated from operatons
**12**
**Investng actvites**
Purchase of intangible assets
**Net cash used in investng actvites**
**Net cash used in fnancing actvites**
**Net (decrease)/increase in cash and cash equivalents**
Cash and cash equivalents at beginning of period
**Cash and cash equivalents at end of period**|**2021**
**£**
**£**
(166,439)
(2,549)
(2,549)
-
(168,988)
240,032
71,044|**2020**
**£**
-|**£**
142,350
-
-|
|---|---|---|---|
||||142,350
97,682|
||||240,032|
- 10 -
## **Beyond Sport Foundation**
## **Notes to the Financial Statements**
## **For the Period ended 31 December 2021**
## **1 Accounting policies**
## **Charity information**
Beyond Sport Foundation is a private company limited by guarantee incorporated in England and Wales. The registered office is 110 High Holborn, 5th Floor, London, WC1V 6JS.
## **1.1 Accounting convention**
The financial statements have been prepared in accordance with the charity's governing document, the Companies Act 2006, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019). The charity is a Public Benefit Entity as defined by FRS 102.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
## **1.2 Going concern**
As at the Balance Sheet date the charity has net liabilities of £110,086. Benchmark Sport Holdings Limited, a company with directors that are also trustees of Beyond Sport Foundation, has agreed to provide financial support to the charity so that it can meet its liabilities as they fall due, for at least twelve months from the date of approval of the financial statements.
Based on the above support the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
## **1.3 Charitable funds**
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.
## **1.4 Income**
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
- 11 -
## **Beyond Sport Foundation**
## **Notes to the Financial Statements (Continued)**
## **For the Period ended 31 December 2021**
## **1 Accounting policies**
**(Continued)**
## **1.5 Expenditure**
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.
Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.
## **1.6 Intangible fixed assets other than goodwill**
Intangible assets acquired separately from a business are recognised at cost and are subsequently measured at cost less accumulated amortisation and accumulated impairment losses.
Intangible assets acquired on business combinations are recognised separately from goodwill at the acquisition date where it is probable that the expected future economic benefits that are attributable to the asset will flow to the entity and the fair value of the asset can be measured reliably; the intangible asset arises from contractual or other legal rights; and the intangible asset is separable from the entity.
Amortisation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Trademarks 10% straight line
## **1.7 Impairment of fixed assets**
At each reporting end date, the charity reviews the carrying amounts of its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).
## **1.8 Cash and cash equivalents**
Cash and cash equivalents include cash in hand anddeposits held at call with banks.
## **1.9 Financial instruments**
The charity has elected to apply the provisions of Section 11 and Section 12 of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.
## **Basic financial assets**
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present fair value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
## **Basic financial liabilities**
Basic financial liabilities, which include trade and other payables and bank loans, are initially measured at transaction price and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present fair value of the future receipts discounted at a market rate of interest.
- 12 -
## **Beyond Sport Foundation**
## **Notes to the Financial Statements (Continued)**
## **For the Period ended 31 December 2021**
**1 Accounting policies**
**(Continued)**
## **1.10 Taxation**
The Charity is exempt from tax on income and gains falling within sections 472-489 of the Corporation Tax Act 2010 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.
## **1.11 Employee benefits**
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
## **2 Charitable activities**
|
Other income
Analysis by fund
Unrestricted funds
Restricted funds|**Charitable**
**Income**
**Heading 1**
**2021**
**£**
**2,033,774**
**219,557**
**1,814,217**
**2,033,774**|**Charitable**
**Income**
**Heading 1**
**2020**
**£**
310,230|
|---|---|---|
|||310,230
-|
|||310,230|
- 13 -
## **Beyond Sport Foundation**
## **Notes to the Financial Statements (Continued)**
## **For the Period ended 31 December 2021**
## **3 Charitable activities**
|**Charitable**
**Expenditure**
**Charitable**
**Expenditure**
**2021**
**2020**
**£**
**£**
Staf costs
126,293
-
Fundraising & event costs
39,476
24,730
Overheads
63,792
13,835
Sub contracted consultancy
83,518
-
Grants payable
1,844,093
277,288
Audit fees
10,900
6,563
Proft on foreign exhange
(6,177)
-
2,161,895
322,416
2,161,895
322,416
**Analysis by fund**
Unrestricted funds
347,678
322,416
Restricted funds
1,814,217
-
2,161,895
322,416|**Charitable**
**Expenditure**
**Charitable**
**Expenditure**
**2021**
**2020**
**£**
**£**
Staf costs
126,293
-
Fundraising & event costs
39,476
24,730
Overheads
63,792
13,835
Sub contracted consultancy
83,518
-
Grants payable
1,844,093
277,288
Audit fees
10,900
6,563
Proft on foreign exhange
(6,177)
-
2,161,895
322,416
2,161,895
322,416
**Analysis by fund**
Unrestricted funds
347,678
322,416
Restricted funds
1,814,217
-
2,161,895
322,416|**Charitable**
**Expenditure**
**Charitable**
**Expenditure**
**2021**
**2020**
**£**
**£**
Staf costs
126,293
-
Fundraising & event costs
39,476
24,730
Overheads
63,792
13,835
Sub contracted consultancy
83,518
-
Grants payable
1,844,093
277,288
Audit fees
10,900
6,563
Proft on foreign exhange
(6,177)
-
2,161,895
322,416
2,161,895
322,416
**Analysis by fund**
Unrestricted funds
347,678
322,416
Restricted funds
1,814,217
-
2,161,895
322,416|
|---|---|---|
||**2021**
**£**
126,293
39,476
63,792
83,518
1,844,093
10,900
(6,177)
2,161,895
2,161,895
347,678
1,814,217
2,161,895|**2020**
**£**
-
24,730
13,835
-
277,288
6,563
-|
|||322,416|
|||322,416|
|||322,416
-|
|||322,416|
- 14 -
## **Beyond Sport Foundation**
## **Notes to the Financial Statements (Continued)**
## **For the Period ended 31 December 2021**
## **4 Grants payable**
|Grants to insttutons (38 grants):
Laureus
Laureus US
VIJANA AMANI PAMOJA
Fundlife
Umrio
ACE Projects
Actvity Alliance
Associacao das Criancas de Rua Unidas (Street Child United Brazil)
Associação de Apoio à Criança em Risco - ACER Brasil
Bola Pra Frente Insttute
Dame Kelly Holmes Trust
Figure Skatng in Harlem, Inc.
Fundação Gol de Letra
FUNDAÇÃO SPECIAL OLYMPICS BRASIL
Futebol Social
Generaton Spirit
Girls Rugby, Inc.
Greenhouse Sports
Insttuto Esporte & Educação
Insttuto Fazer Acontecer
Insttuto Rodrigo Mendes
LOST BOYZ INC
love.fútbol
Luta pela Paz
OnSide
Play Equity Fund
REMS
Soccer in the Streets
Soccer Without Borders
Sported
Street Soccer Scotland
Street Soccer USA
StreetGames
The Change Foundaton
UmRio/OneRio
Youth Run NOLA
Comic Relief - REX CR US £125/$175 paid by BYSUS
Funds accrued / deferred to 2022 from 2021 pot|**2021**
**£**
510,000
97,618
14,381
1,294
1,300
30,000
30,000
10,000
30,000
10,000
25,000
25,000
10,000
37,500
20,000
45,000
45,000
25,000
75,000
20,000
37,500
25,000
100,000
10,000
30,000
125,000
37,500
25,000
45,000
30,000
15,000
75,000
30,000
25,000
10,000
25,000
125,000
12,000|
|---|---|
||1,844,093|
- 15 -
## **Beyond Sport Foundation**
## **Notes to the Financial Statements (Continued)**
## **For the Period ended 31 December 2021**
|**Grants payable**|**(Contnued)**|
|---|---|
||**2020**|
||**£**|
|Grants to insttutons (8 grants):||
|NATLIK|2,282|
|UNSW PHILANTHROPY|2,282|
|ALIANZA PARA LA INTEGRATION|12,250|
|GOALS ARMENIA|15,386|
|GRANT TEMPO DE JUEGO|4,560|
|Sport Dans La Ville|12,474|
|Dallagio Rugby Works & City in the COmmunity|17,187|
|Laureus|210,867|
||277,288|
## **4 Grants payable**
## **5 Trustees**
None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the period.
## **6 Employees**
The average monthly number of employees during the period was:
|The average monthly number of employees during the period was:|||
|---|---|---|
|**Employment costs**
Wages and salaries|**2021**
**Number**
2
**2021**
**£**
126,293|**2020**
**Number**
-|
|||**2020**
**£**
-|
There were no employees whose annual remuneration was more than £60,000.
- 16 -
## **Beyond Sport Foundation**
## **Notes to the Financial Statements (Continued)**
## **For the Period ended 31 December 2021**
|**7**
**Intangible fxed assets**
**Cost**
At 1 July 2020
Additons
At 31 December 2021
**Amortsaton and impairment**
At 1 July 2020
Amortsaton charged for the period
At 31 December 2021
**Carrying amount**
At 31 December 2021
At 30 June 2020
**8**
**Debtors**
**Amounts falling due within one year:**
Other debtors
Prepayments and accrued income
**9**
**Creditors: amounts falling due within one year**
Trade creditors
Other creditors
Accruals and deferred income
**10**
**Creditors: amounts falling due afer more than one year**
**Notes**
Deferred income|**Trademarks**
**£**
-
2,549
2,549
-
169
169
2,380
-
**2021**
**2020**
**£**
**£**
**35,208**
-
**107,412**
-
**142,620**
-
**2021**
**2020**
**£**
**£**
**5,315**
300
**107,133**
66,697
**208,439**
4,624
**320,887**
71,621
**2021**
**2020**
**£**
**£**
5,243
150,376|**Trademarks**
**£**
-
2,549
2,549
-
169
169
2,380
-
**2021**
**2020**
**£**
**£**
**35,208**
-
**107,412**
-
**142,620**
-
**2021**
**2020**
**£**
**£**
**5,315**
300
**107,133**
66,697
**208,439**
4,624
**320,887**
71,621
**2021**
**2020**
**£**
**£**
5,243
150,376|
|---|---|---|
|||2,549|
|||-
169|
|||169|
|||2,380|
|||-|
|||**2020**
**£**
-
-|
|||-|
|||**2020**
**£**
300
66,697
4,624|
|||71,621|
|||**2020**
**£**
150,376|
- 17 -
## **Beyond Sport Foundation**
## **Notes to the Financial Statements (Continued)**
## **For the Period ended 31 December 2021**
## **11 Related party transactions**
The following amounts included within other creditors were outstanding at the reporting end date:
|||**Amounts owed to related partes**|**Amounts owed to related partes**|
|---|---|---|---|
|||**2021**|**2020**|
|||**£**|**£**|
||Company A under the control of N Keller|38,205|23,935|
||Company B under the control of N Keller|22,222|-|
||Not for proft organisaton under same|||
||management|46,706|42,762|
|||107,133|66,697|
|**12**|**Cash generated from operatons**|**2021**|**2020**|
|||**£**|**£**|
||Defcit for the period|**(128,121)**|(12,186)|
||Adjustments for:|||
||Depreciaton and impairment of tangible fxed assets|**169**|-|
||Movements in working capital:|||
||(Increase) in debtors|**(142,620)**|-|
||Increase in creditors|**249,266**|4,160|
||(Decrease)/increase in deferred income|**(145,133)**|150,376|
||**Cash (absorbed by)/generated from operatons**|**(166,439)**|142,350|
|**13**|**Analysis of changes in net funds**|||
||The charity had no debt during the year.|||
## **Signature:**
## **Email:**
- 18 -