CHARITY REGISTRATION NUMBER: 1134582
Middlesbrough Sportability Club Unaudited Financial Statements
31 March 2022
S J ACCOUNTING SERVICES (NE) LTD
Middlesbrough Sportability Club
Financial Statements
Year ended 31 March 2022
| Page | |
|---|---|
| Trustees' annual report | 1 |
| Independent examiner's report to the trustees | 3 |
| Statement of financial activities | 4 |
| Statement of financial position | 5 |
| Notes to the financial statements | 6 |
Middlesbrough Sportability Club
Trustees' Annual Report
Year ended 31 March 2022
The trustees present their report and the unaudited financial statements of the charity for the year ended 31 March 2022.
Reference and administrative details
Registered charity name Middlesbrough Sportability Club Charity registration number 1134582
The trustees
Mr B Jones Mr M Mctiernan Mrs L Rhodes Mr T Jones Mr M Sullivan Miss R Southgate Mrs N Whittaker Mrs D Wilson Mr J Keenan Mr S Wilson Mr S Hall Miss J Salmon Independent examiner SJ Accounting Services (NE) Ltd 3 Galava Walk Ingleby Barwick Stockton on Tees TS17 5JD
Structure, governance and management
Governing document
Middlesbrough Sportability is an unincorporated registered charity governed by its constitution which was adopted on 24 March 2003. The charity is administered by a management committee.
Objectives and activities
To relieve the needs of young persons resident in Middlesbrough and the surrounding area by the provision of facilities for recreation and sport for individuals in particular, but not exclusively, those aged 8-19 years of age who have learning disabilities and those with physical and/or sensory impairments who have need of such facilities by reason of their youth and disablement in the interests of social welfare with the object of improving the conditions of life of the said young persons.
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Middlesbrough Sportability Club
Trustees' Annual Report (continued)
Year ended 31 March 2022
Achievements and performance
The group has finally been able to come back together and enjoy face to face meetings, events, sessions and trips away which has been a huge benefit to the members, carers, parents, volunteers and staff and has been a huge boost to us all.
We continued the upkeep of the allotment including the addition of "Simon's Corner" to honor a longstanding member we sadly lost this last year. The group has continued to love the allotment and really come together to bring it on and to create the memory corner.
We have been able to go back into our usual hall so have been able to do a wide variety of activities including the trips out but also back to the events at the school including a Jubilee party which everyone very much enjoyed.
As an addition this year we have had a grant to support our Carer's and have really enjoyed organizing activities and events for them to take part in all of which have been very well received.
The Club continues to actively work with Parents for Change and Disability Forum to give the best care and support throughout Tees Valley.
As we promised last year we have kept up a lot of the outside events as well as going back to the school and the whole club has enjoyed and continued to see the benefits of this.
The members continue to rely on the club as much as ever and we look forward to continuing to be able to support them as we always have whilst continuously thinking of new and innovative ways to support and encourage the young people under our care.
Financial review
The Statement of Financial Activities shows the total reserves stand at £13,733 with £2,233 being unrestricted funds.
Reserves Policy
The trustees aim is to expend all funds on their charitable objects; however, they recognise the need to maintain a certain level of reserves as a cushion against possible future difficulties. Free reserves at the level of 6 months running costs would allow the charity to continue it's operations while alternative funding sources were sought.
The trustees' annual report was approved on 15[th] December 2022 and signed on behalf of the board of trustees by:
Mr T Jones Mrs D Wilson Trustee Trustee
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Middlesbrough Sportability Club
Independent Examiner's Report to the Trustees of Middlesbrough Sportability Club
Year ended 31 March 2022
I report to the trustees on my examination of the financial statements of Middlesbrough Sportability Club ('the charity') for the year ended 31 March 2022.
Responsibilities and basis of report
As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the charity as required by section 130 of the Act; or
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the financial statements do not accord with those records; or
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the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
SJ Accounting Services (NE) Ltd Independent Examiner
3 Galava Walk Ingleby Barwick Stockton on Tees TS17 5JD
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Middlesbrough Sportability Club
Statement of Financial Activities
Year ended 31 March 2022
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | ||||
| funds | funds | Total funds | Total funds | ||
| Note | £ | £ | £ | £ | |
| Income and endowments | |||||
| Donations and legacies | 4 | 7,125 | 23,021 | 30,146 | 37,913 |
| Other trading activities | 5 | 1,244 | – | 1,244 | – |
| ----------------------- | ---------------------------- | ---------------------------- | ---------------------------- | ||
| Total income | 8,369 | 23,021 | 31,390 | 37,913 | |
| ======================= | ============================ | ============================ | ============================ | ||
| Expenditure | |||||
| Expenditure on charitable activities | 6,7 | 20,169 | 13,421 | 33,590 | 25,254 |
| ---------------------------- | ---------------------------- | ---------------------------- | ---------------------------- | ||
| Total expenditure | 20,169 | 13,421 | 33,590 | 25,254 | |
| ============================ | ============================ | ============================ | ============================ | ||
| ---------------------------- | ---------------------------- | ---------------------------- | ---------------------------- | ||
| Net (expenditure)/income and net | |||||
| movement in funds | (11,800) | 9,600 | (2,200) | 12,659 | |
| ============================ | ============================ | ============================ | ============================ | ||
| Reconciliation of funds | |||||
| Total funds brought forward | 14,033 | 1,900 | 15,933 | 3,274 | |
| ---------------------------- | ---------------------------- | ---------------------------- | ---------------------------- | ||
| Total funds carried forward | 2,233 | 11,500 | 13,733 | 15,933 | |
| ============================ | ============================ | ============================ | ============================ |
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
The notes on pages 6 to 15 form part of these financial statements.
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Middlesbrough Sportability Club
Statement of Financial Position
31 March 2022
| 2022 | 2021 | |||
|---|---|---|---|---|
| Note | £ | £ | £ | |
| Fixed assets | ||||
| Tangible fixed assets | 12 | 1,263 | 1,684 | |
| Current assets | ||||
| Debtors | 13 | – | 1,325 | |
| Cash at bank and in hand | 13,071 | 13,481 | ||
| ---------------------------- | ---------------------------- | |||
| 13,071 | 14,806 | |||
| Creditors: amounts falling due within one year | 14 | 601 | 557 | |
| ---------------------------- | ---------------------------- | |||
| Net current assets | 12,470 | 14,249 | ||
| ---------------------------- | ---------------------------- | |||
| Total assets less current liabilities | 13,733 | 15,933 | ||
| ---------------------------- | ---------------------------- | |||
| Net assets | 13,733 | 15,933 | ||
| ============================ | ============================ | |||
| Funds of the charity | ||||
| Restricted funds | 11,500 | 1,900 | ||
| Unrestricted funds | 2,233 | 14,033 | ||
| ---------------------------- | ---------------------------- | |||
| Total charity funds | 17 | 13,733 | 15,933 | |
| ============================ | ============================ |
These financial statements were approved by the board of trustees and authorised for issue on 15[th] December 2022, and are signed on behalf of the board by:
Mr T Jones Trustee
Mrs D Wilson Trustee
The notes on pages 6 to 15 form part of these financial statements.
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Middlesbrough Sportability Club
Notes to the Financial Statements
Year ended 31 March 2022
1. General information
The charity is a public benefit entity and a registered charity in England and Wales and is unincorporated. The address of the principal office is Holmwood Space for Sports & Arts, Holmwood School, Saltersgill Avenue, Middlesbrough, TS4 3PT.
2. Statement of compliance
These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the 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) (Charities SORP (FRS 102)) and the Charities Act 2011.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
There are no material uncertainties about the charity's ability to continue.
Disclosure exemptions
The entity satisfies the criteria of being a qualifying entity as defined in FRS 102. As such, advantage has been taken of the following disclosure exemptions available under paragraph 1.12 of FRS 102:
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.
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Middlesbrough Sportability Club
Notes to the Financial Statements (continued)
Year ended 31 March 2022
3. Accounting policies (continued)
Incoming resources
All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:
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income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.
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legacy income is recognised when receipt is probable and entitlement is established.
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income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.
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income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:
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expenditure on raising funds includes the costs of all fundraising activities, events, noncharitable trading activities, and the sale of donated goods.
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expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.
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other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
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Middlesbrough Sportability Club
Notes to the Financial Statements (continued)
Year ended 31 March 2022
3. Accounting policies (continued)
Tangible assets (continued)
An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses, unless it reverses a charge for impairment that has previously been recognised as expenditure within the statement of financial activities. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other recognised gains and losses, except to which it offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activities.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Equipment
- 25% reducing balance
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.
For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the charity are assigned to those units.
Government grants
Government grants are recognised at the fair value of the asset received or receivable. Grants are not recognised until there is reasonable assurance that the charity will comply with the conditions attaching to them and the grants will be received.
Where the grant does not impose specified future performance-related conditions on the recipient, it is recognised in income when the grant proceeds are received or receivable. Where the grant does impose specified future performance-related conditions on the recipient, it is recognised in income only when the performance-related conditions have been met. Where grants received are prior to satisfying the revenue recognition criteria, they are recognised as a liability.
Financial instruments
A financial asset or a financial liability is recognised only when the charity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs.
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Middlesbrough Sportability Club
Notes to the Financial Statements (continued)
Year ended 31 March 2022
3. Accounting policies (continued)
Financial instruments (continued)
Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted.
Debt instruments are subsequently measured at amortised cost.
Where investments in shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in income and expenditure. All other such investments are subsequently measured at cost less impairment.
Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Other financial instruments are subsequently measured at fair value, with any changes recognised in the statement of financial activities, with the exception of hedging instruments in a designated hedging relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised under the appropriate heading in the statement of financial activities in which the initial gain was recognised.
For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impairment are recognised immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.
When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as an expense in the period in which it arises.
4. Donations and legacies
| Unrestricted | Restricted | Total Funds | |
|---|---|---|---|
| Funds | Funds | 2022 | |
| £ | £ | £ | |
| Donations | |||
| Donations | 2,510 | – | 2,510 |
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Middlesbrough Sportability Club
Notes to the Financial Statements (continued)
Year ended 31 March 2022
4. Donations and legacies (continued)
| Unrestricted | Restricted | Total Funds | |||
|---|---|---|---|---|---|
| Funds | Funds | 2022 | |||
| £ | £ | £ | |||
| Grants | |||||
| CDCF Clubs In Crisis | – | 2,021 | 2,021 | ||
| CDCF Food For Families | – | – | – | ||
| Groundworks | – | – | – | ||
| National Lottery Covid Community Support | – | – | – | ||
| Sport England | – | – | – | ||
| County Durham Community Foundation | – | 5,000 | 5,000 | ||
| Middlesbrough Aiming High Short Breaks Fund | – | 8,000 | 8,000 | ||
| Middlesbrough Borough Council | – | – | – | ||
| Community Chest | – | 3,000 | 3,000 | ||
| Horizons Specials | 2,968 | – | 2,968 | ||
| MBC Carers Grant | – | 5,000 | 5,000 | ||
| Apollo Arts | – | – | – | ||
| Thirteen | – | – | – | ||
| JRS Government grant income | 1,647 | – | 1,647 | ||
| ----------------------- | ---------------------------- | ---------------------------- | |||
| 7,125 | 23,021 | 30,146 | |||
| ======================= | ============================ | ============================ | |||
| Unrestricted | Restricted | Total Funds | |||
| Funds | Funds | 2021 | |||
| £ | £ | £ | |||
| Donations | |||||
| Donations | 4,132 | – | 4,132 | ||
| Grants | |||||
| CDCF Clubs In Crisis | – | – | – | ||
| CDCF Food For Families | – | 4,000 | 4,000 | ||
| Groundworks | 500 | – | 500 | ||
| National Lottery Covid Community Support | – | 5,144 | 5,144 | ||
| Sport England | – | 1,225 | 1,225 | ||
| County Durham Community Foundation | – | – | – | ||
| Middlesbrough Aiming High Short Breaks Fund | – | – | – | ||
| Middlesbrough Borough Council | 12,225 | – | 12,225 | ||
| Community Chest | – | – | – | ||
| Horizons Specials | 1,110 | – | 1,110 | ||
| MBC Carers Grant | – | – | – | ||
| Apollo Arts | 90 | – | 90 | ||
| Thirteen | 1,500 | – | 1,500 | ||
| JRS Government grant income | 7,987 | – | 7,987 | ||
| ---------------------------- | ---------------------------- | ---------------------------- | |||
| 27,544 | 10,369 | 37,913 | |||
| ============================ | ============================ | ============================ | |||
| 5. | Other trading activities | ||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
| Funds | 2022 | Funds | 2021 | ||
| £ | £ | £ | £ | ||
| Subs & deposits | 1,244 | 1,244 | – | – | |
| ======================= | ======================= | ============== | ============== |
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Middlesbrough Sportability Club
Notes to the Financial Statements (continued)
Year ended 31 March 2022
6. Expenditure on charitable activities by fund type
| Unrestricted | Restricted | Total Funds | |||
|---|---|---|---|---|---|
| Funds | Funds | 2022 | |||
| £ | £ | £ | |||
| Activity type 1 | 18,728 | 13,421 | 32,148 | ||
| Support costs | 1,441 | – | 1,442 | ||
| ---------------------------- | ---------------------------- | ---------------------------- | |||
| 20,169 | 13,421 | 33,590 | |||
| ============================ | ============================ | ============================ | |||
| Unrestricted | Restricted | Total Funds | |||
| Funds | Funds | 2021 | |||
| £ | £ | £ | |||
| Activity type 1 | 15,006 | 8,469 | 23,475 | ||
| Support costs | 1,779 | – | 1,779 | ||
| ---------------------------- | ----------------------- | ---------------------------- | |||
| 16,785 | 8,469 | 25,254 | |||
| ============================ | ======================= | ============================ | |||
| 7. | Expenditure on charitable activities by | activity type | |||
| Activities | |||||
| undertaken | Support | Total funds | Total fund | ||
| directly | costs | 2022 | 2021 | ||
| £ | £ | £ | £ | ||
| Activity type 1 | 32,148 | – | 32,148 | 23,475 | |
| Governance costs | – | 1,442 | 1,442 | 1,779 | |
| ---------------------------- | ----------------------- | ---------------------------- | ---------------------------- | ||
| 32,148 | 1,442 | 33,590 | 25,254 | ||
| ============================ | ======================= | ============================ | ============================ | ||
| 8. | Net (expenditure)/income | ||||
| Net (expenditure)/income is stated after charging/(crediting): | |||||
| 2022 | 2021 | ||||
| £ | £ | ||||
| Depreciation of tangible fixed assets | 421 | 562 | |||
| ============== | ============== | ||||
| 9. | Independent examination fees | ||||
| 2022 | 2021 | ||||
| £ | £ | ||||
| Fees payable to the independent examiner for: | |||||
| Independent examination of the financial | statements | 425 | 425 | ||
| ============== | ============== | ||||
| 10. | Staff costs | ||||
| The total staff costs and employee benefits for the reporting period are analysed as | follows: | ||||
| 2022 | 2021 | ||||
| £ | £ | ||||
| Wages and salaries | 21,677 | 15,996 | |||
| Employer contributions to pension plans | 483 | 359 | |||
| ---------------------------- | ---------------------------- | ||||
| 22,160 | 16,355 | ||||
| ============================ | ============================ |
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Middlesbrough Sportability Club
Notes to the Financial Statements (continued)
Year ended 31 March 2022
10. Staff costs (continued)
The average head count of employees during the year was Nil (2021: 5). The average number of full-time equivalent employees during the year is analysed as follows:
| 2022 | 2021 | |
|---|---|---|
| No. | No. | |
| Engaged on Charitable Activities | 5 | 5 |
| ============== | ============== |
No employee received employee benefits of more than £60,000 during the year (2021: Nil).
11. Trustee remuneration and expenses
- no remuneration or other benefits from employment with the charity or a related entity were received by the trustees; or
12. Tangible fixed assets
| Equipment | Total | |
|---|---|---|
| £ | £ | |
| Cost | ||
| At 1 April 2021 and 31 March 2022 | 3,158 | 3,158 |
| ======================= | ======================= | |
| Depreciation | ||
| At 1 April 2021 | 1,474 | 1,474 |
| Charge for the year | 421 | 421 |
| ----------------------- | ----------------------- | |
| At 31 March 2022 | 1,895 | 1,895 |
| ======================= | ======================= | |
| Carrying amount | ||
| At 31 March 2022 | 1,263 | 1,263 |
| ======================= | ======================= | |
| At 31 March 2021 | 1,684 | 1,684 |
| ======================= | ======================= | |
| Debtors | ||
| 2022 | 2021 | |
| £ | £ | |
| Prepayments and accrued income | – | 1,325 |
| ============== | ======================= | |
| Creditors: amounts falling due within one year | ||
| 2022 | 2021 | |
| £ | £ | |
| Accruals and deferred income | 557 | 557 |
| Other creditors | 44 | – |
| -------------- | -------------- | |
| 601 | 557 | |
| ============== | ============== |
13. Debtors
14. Creditors: amounts falling due within one year
15. Pensions and other post retirement benefits
Defined contribution plans
The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £483 (2021: £359).
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Middlesbrough Sportability Club
Notes to the Financial Statements (continued)
Year ended 31 March 2022
16. Government grants
The amounts recognised in the financial statements for government grants are as follows:
| 2022 | 2021 | |
|---|---|---|
| £ | £ | |
| Recognised in income from donations and legacies: | ||
| Government grants income | 1,647 | 7,987 |
| ======================= | ======================= |
17. Analysis of charitable funds
Unrestricted funds
| Unrestricted funds | ||||||
|---|---|---|---|---|---|---|
| At | ||||||
| At | 31 March | 20 | ||||
| 1 | April 2021 | Income | Expenditure | 22 | ||
| £ | £ | £ | £ | |||
| General funds | 14,033 | 8,369 | (20,169) | 2,233 |
||
| ============================ | ======================= | ============================ | ======================= | |||
| At | ||||||
| At | 31 March | 20 | ||||
| 1 | April 2020 | Income | Expenditure | 21 | ||
| £ | £ | £ | £ | |||
| General funds | 3,274 | 27,544 | (16,785) | 14,033 |
||
| ======================= | ============================ | ============================ | ============================ |
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Middlesbrough Sportability Club
Notes to the Financial Statements (continued)
Year ended 31 March 2022
17. Analysis of charitable funds (continued)
Restricted funds
| Restricted funds | |||||
|---|---|---|---|---|---|
| At | |||||
| At | 31 March | 20 | |||
| 1 April 2021 | Income | Expenditure | 22 | ||
| £ | £ | £ | £ | ||
| National Lottery Covid Community | |||||
| Support Fund | 1,900 | – | (1,900) | – | |
| Sport England | – | – | – | – | |
| CDCF Food for Families | – | – | – | – | |
| Community Chest | – | 1,500 | (1,500) | – | |
| MBC Short Break Aiming Higher | – | 8,000 | (8,000) | – | |
| County Durham Community | |||||
| Foundation | – | 5,000 | – | 5,000 | |
| CDCF Clubs In Crisis | – | 2,021 | (2,021) | – | |
| MBC Carers Grant | – | 5,000 | – | 5,000 | |
| MBC Community Chest | – | 1,500 | – | 1,500 | |
| ----------------------- | ---------------------------- | ---------------------------- | ---------------------------- | ||
| 1,900 | 23,021 | (13,421) | 11,500 |
||
| ======================= | ============================ | ============================ | ============================ | ||
| At | |||||
| At | 31 March | 20 | |||
| 1 April 2020 | Income | Expenditure | 21 | ||
| £ | £ | £ | £ | ||
| National Lottery Covid Community | |||||
| Support Fund | – | 5,144 | (3,244) | 1,900 |
|
| Sport England | – | 1,225 | (1,225) | – | |
| CDCF Food for Families | – | 4,000 | (4,000) | – | |
| Community Chest | – | – | – | – | |
| MBC Short Break Aiming Higher | – | – | – | – | |
| County Durham Community | |||||
| Foundation | – | – | – | – | |
| CDCF Clubs In Crisis | – | – | – | – | |
| MBC Carers Grant | – | – | – | – | |
| MBC Community Chest | – | – | – | – | |
| -------------- | ---------------------------- | ----------------------- | ----------------------- | ||
| – | 10,369 | (8,469) | 1,900 |
||
| ============== | ============================ | ======================= | ======================= |
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Middlesbrough Sportability Club
Notes to the Financial Statements (continued)
Year ended 31 March 2022
18. Analysis of net assets between funds
| Unrestricted | Restricted | Total Funds | |
|---|---|---|---|
| Funds | Funds | 2022 | |
| £ | £ | £ | |
| Tangible fixed assets | 1,263 | – | 1,263 |
| Current assets | 970 | 11,500 | 12,470 |
| ----------------------- | ---------------------------- | ---------------------------- | |
| Net assets | 2,233 | 11,500 | 13,733 |
| ======================= | ============================ | ============================ | |
| Unrestricted | Restricted | Total Funds | |
| Funds | Funds | 2021 | |
| £ | £ | £ | |
| Tangible fixed assets | 1,684 | – | 1,684 |
| Current assets | 12,349 | 1,900 | 14,249 |
| ---------------------------- | ----------------------- | ---------------------------- | |
| Net assets | 14,033 | 1,900 | 15,933 |
| ============================ | ======================= | ============================ |
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