OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2022-03-31-accounts

REFERENCE AND ADMINISTRATIVE
DETAILS OFTHE CHARITY, ITSTRUSTEES AND ADVISERS		 REFERENCE AND ADMINISTRATIVE
DETAILS OFTHE CHARITY, ITSTRUSTEES AND ADVISERS		 REFERENCE AND ADMINISTRATIVE
DETAILS OFTHE CHARITY, ITSTRUSTEES AND ADVISERS		 REFERENCE AND ADMINISTRATIVE
DETAILS OFTHE CHARITY, ITSTRUSTEES AND ADVISERS		 REFERENCE AND ADMINISTRATIVE
DETAILS OFTHE CHARITY, ITSTRUSTEES AND ADVISERS
FOR THE.YEAR ENDED 31 MARCH 2022
Trustees G P Beaten (resigned 21 June 2021)
KEvans
R Flint (appointed 13June 2022)
S Ford (appointed 13June 2022)
MJ Locking
MJPinchsrd
JE Richardson
0RTasker
K ITruscotl, Acting Chair
PWass (resighed 31December 2021)
KWhitfield
(appointed 13June 2022)
Company Registered
Number 05252701
Charity Registered
Number 1134988
Registered Office Newland
House
The Point, Weaver Road
Lincoln
LN6 3QN
Chief Executive Officer E Tstlow
Independent Auditors Streets Audit LLP
Chartered
Accounts		 &Statutory Auditor
Tower House
Lucy Tower Street
Lincoln
LN1 1XW
Bankers Barclays Bank pic
316-318High Street
Lincoln
LN5 7DP

Restricted Unrestricted Total Total
funds funds funds funds
Note 2022
f		 2022
f		 2022
f		 2021f
Income from:
Charitable
activises		 4 870,436 79,758 950,194 774,058
Other trading activities 5 10,733 10,733 3,350
Investments 6 34 34 277
Total Income 870,436 90,525 960,961 778,285
Expenditure
on:
Charitable
activiTies		 810,041 111,114 921,155 577,090
Total expenditure .810,041 111,114 921,155 577,090
Net income I(expenditure) 60,395 (20,589) 39,806 201,195
Transfers between funds 033 (833)
Net movement
in funds before other
recognised
gains/(losses)		 61,228 (21822) 39,800 201,'l95
Other recognised gains/(losses):
Actuarial gains/(losses) on defined
benefit pension'schemes 22 269,000 269,000 (340,000)
Net movement
In funds		 61,228 247,578 308,806 (144,805)
Reconcgiation offunds:
Total funds brought forward 220,577 (234,190) (13,613) 131,192
Net movement
in funds		 et,aas 247,57s ses,soe (144,805)
Total funds cerned forward 281,805 13,388 295,193 (13,013)

STATEMENT OF CASH FLOWS STATEMENT OF CASH FLOWS
.FOR THE YEAR ENDED 31 MARCH 2022
2022 2021
Cash flows from operating activities
Net cash used in operating activities 20,027 187,711
Cash flows from investing activities
Purchase oftangible fixed assets (4,416)
Bank interest received 34 277
Net cash provided
by/(Used		 in}investirig activities 34 (4, '/30)
Change
in cash and cash		 equivalents In the year 20,061 163572
Cash and cash equivalents at the beginning ofthe year 757,534 593,882
Cash and cash equivalents atthe end of the year 777,585 757,534
The notes on pages 17to38 form part ofthese financial statements

5. Income from Income from other tradin g activities
Income from fundraistng events
Unrestricted Total Total
funds funds funds
2022 2022 2021
5 5 5
Sponsorship 10,733 20,733 3,350
Total 2021 3,350 3,350
8. Investment income.
Unrestricted Total Total
funds funds funds
2022 2022 2021
5 5
Bank Interest Received 34
Total 2021 277 277

Activities Grant
undertaken funding of Support Total Total
directly activities costs fundk funds
2022f 2022f 2022f 2022f 2021f
Sport England Primary Role 171,867 84,292 256,159 206,136
Sport England Programme
Funding 244,094 148,402 72,095 464,591 336.818
Other 176,687 - 4,668 19,050 200,405 34,136
592,648 153,070 175,437 921,155 577,090
Total 2021 502,447 74,643 577,090
Analysis ofdirect costs
Sport Sport
England England
Primary Programme Total Total
Role Funding Other funds funds
2022f 2022f 2022f 2022f 2021f
Pension Finance Cost 5,932 5,571 2,497 14,000 8,000
Staff Costs 131,970 123,919 55,549 311,438 299,223
Staff Expenses 143 300 425 888 194
Other Staff Costs 1,340 724 2,064 368
Programme Oelivery 31,662 113,'580 111,564 256,808 193,842
External Staff Costs 820 6,652 7,472 820
171,867 244,094 176,687 592,848 502,447
Total 2021 131,493 338,818 34,138 502447

Sport Sport
England England
Primary Programme Total Total
Role Funding Other funds funds
2022 2022 2022 2022 .2021
5 8 6 8
Depreciation 4,576 4,576 4,228
Premises Casts 3,986 7,800 'i1,786 20,769
Staf Training and Development 2,009 5,012 819 7,840 775
Office Costs 19,678 6,616 1,016 27,510 18,150
Insurance 6,258 6,258 5,941
Professional Costs 32,755 46,100 11,267 90„122 5,339
Governance Costs 4,590 4,590 7.550
Other Support Casts 10,440 5,948 22,755 11,591
72,095 19,050 175;437 74,643
Total 2021

Grants to
Schools I Total Total
Clubs funds funds.
2022 2022 2021
6 5
Grants, Sport England Programme Funding 148,402 148,402
Grants, Other 4,668 4,668
153,070 153,070

NOTES TO THE FINANCIAL STATEMENTS NOTES TO THE FINANCIAL STATEMENTS NOTES TO THE FINANCIAL STATEMENTS NOTES TO THE FINANCIAL STATEMENTS NOTES TO THE FINANCIAL STATEMENTS NOTES TO THE FINANCIAL STATEMENTS
FORTHE YEAR ENOED 31 MARCH 2022
9. Auditors' remuneration
2022
6		 2021f
Fees payable to the charity's auditor for the audit bfthe charity's annual
accounts 4AI00 4,000
10. Staffcosts
2022 2025
K 6
Wages and salaries 250,152 243,884
Social security costs 19,571 18,228
Contribution to defined contribution psnaion schemes 6,715 5,111
Operating costs ofdefined benefit pension schemes 35,000 32,000
311,438 - 299,223
The average number of persons employed by the charity during ths year was as follows:
2022 2021
No. No.
Total 10
The average headcount expressed as full-time equivalents was:
2022 2021
No. No.
Total 8.5 9.5

Computer
equipment
8
Cost or valuation
At.1 April 2021 12,607
At 31 March 2022 12,607
Depreciation
At 1 April 2021 4,228
Charge forthe year 4,576
At 31 March 2022 8,804
Net book value
At 31 March 2022 3,893
At 31March 2025
13. Debtom
2022 2021
Due within one year
Trade debtors 47,004 2,490
Prepayments 3,255 17,538
51,249 20,028

2022 2021
K
Trade creditors 21,785 24,358
Other taxation and social security 5,050 7,084
Other. creditors 4,568 3,397
Accruals and deferred income 12,232 37,805
44,544 72,644
2022
5		 2021f
Deferred income at 'I Apiil 20,313 115,898
Resources'deferred during the year 4,072 14,775
Amounts released from previous periods (20,313) (f10,360)
4,072 20,313
8'
0
Il0		 0 L.
0 3
0 8
le
Ct 5'
RB		 0 L.
0 3
0 8
le
Ct 5'
RB		 e
IC
k		 '0
'0
8		 IAO
R		 CO
CO
CO
'0
0 a
mmm
ID O
ID
Ill
Cl
'IY		 CO
CO
CO
'0
0 a
mmm
ID O
ID
Ill
Cl
'IY		 CO
CO
CO
'0
0 a
mmm
ID O
ID
Ill
Cl
'IY		 Ot
CO
CO
"0 '0
8
mmm
0 0
CD O
CCI
IYIY e		 Ot
CO
CO
"0 '0
8
mmm
0 0
CD O
CCI
IYIY e		 Ot
CO
CO
"0 '0
8
mmm
0 0
CD O
CCI
IYIY e		 CO
'0
0
m
ID
Cl		 CO
'U
0
m
ICI
Cl		 Rl
5,R		 MI.
3
D.
Cl		 0
0
D.		 c 0
0
30		 IY D.
I
Ct
s
Cl		 D.
I
r
II
IC		 a
I
cel		 a
I
CO		 a
I
0		 D.
O0		 a
A		 cL
0
3		 ca O
IL
5 'll0C
ICF		 D. 0
0
'8
o
ClC
IC0
TI30		 O
0
S
4'		 Cl
OF
O'
Cl		 ID
0
0'
0
0
0
K0
N		 3
CO0
z
00
Q
03
Cl0		 e
a
C8
ID
000
IY		 0.
0'		 00
Z
04
St m
rnO 83 o~
00
el		 00
~0
el
DII
I		 O
0
O
O		 00
4
00
O		 c0
I
OO		 ce
el		 IG ' O
a		 CC
3
O		 Ctt
4'0
=Q
ICO Cl		 mX
g CO
R~		 I
a
g
CD0
i!		 A
8
r
OOel IO
Q		 I ce
I
00		 CC 00 4
00O		 00 CC
00		 Cl ~0
0
Cll
O
o		 00
O
CC
~
0		 00
O
4
00
v		 3003
III Cl		 Ct m
Zg
00 m
Og
hg		 'I
00
le
Cn
Cll		 C0
Dl
Ch		 CC a. 00
O O O
4
CCI O
SOS		 P
VI.		 Pl CC
Sl		 Ch
Cml		 00
O
w		 CC
4		 00
g
O		 g
00
Sl		 g
V		 IC
D.
o
to3
Ql Dl
I 00
O
O		 0 00 gem
SIR3
O
Cl		 I ~ I I ~ Cl
III 'e		 Cl
00 Cl
CO
4 gl
I		 el IC Ce 00
CC		 00
CII
V ' V
g		 SI
Cc		 CO
00		 O
V
O		 o3
SICILY		 0
R.
gn
CC S
0
3l
0 0:
0 0
c h
ac
a5
Cl
03
I500		 gn
CC S
0
3l
0 0:
0 0
c h
ac
a5
Cl
03
I500		 00
(O
o n
3 0
33
c$0
0c 0
8 R0
I
e2'		 3,'R
af
Z Z
IO 0e
Om
0
8:I
0 0'
II0'0
ac
ca5'
IO
S
.00
k		 0
I
ID
Do
0
2
'R
Cl
I
S
Cl
e
k
Ql
0		 0
Cl
go
'0
e		 n c)
I
nn
cc
a0
5
IO
CD
3
CL
Cl'0
C0a
Cf
Ct.
'C0'
8		 n c)
I
nn
cc
a0
5
IO
CD
3
CL
Cl'0
C0a
Cf
Ct.
'C0'
8		 m
Cl
Dl
CL
e'0I
8
Ql
m
IO
Qt
O.
c
Cf
Cl
83.
OI SI
D '0
0 0		 m
Cl
Dl
CL
e'0I
8
Ql
m
IO
Qt
O.
c
Cf
Cl
83.
OI SI
D '0
0 0		 Cl
IO
I
K
8.
c		 ~ e
ID 0
Po 0
00e
ÃI
Re
e
Cl
C0
IQ
h
.a
Co
Ql
IQ
0		 ~ e
ID 0
Po 0
00e
ÃI
Re
e
Cl
C0
IQ
h
.a
Co
Ql
IQ
0		 Q
IO
0
i8
c
Il,
OtS3
0
e
0
CL
IoeIL8IB.
Ql
'C		 Cl
Cl
e
S
c
0		 8 ~~V
'g g e
ID
Cl
f& 0
e 0.3
i8.R.
Fm
g gw
rg
SL33
Cl
Im
c		 8 ~~V
'g g e
ID
Cl
f& 0
e 0.3
i8.R.
Fm
g gw
rg
SL33
Cl
Im
c		 C 2
N		 2
DD m
ID
Dl0
0
33		 0
0
0
FS		 03
C
00
Ol
T
'Tl0
a
Ql
0
2
0		 8
Cl0
5
3
Ql
0
0
D0
Qo
00
2I
Ct
Cl		 '2n0
5
5
CT
Ct
IO'0
Ct
0
'C
Ql
9
5'
Ct		 Na
5'
CL
Ca
e
IQ
%7
33
OI
LZK
3c
IC
ID
Ol		 ID0
IQ0
ID
0
0
N
ID30		 3:
Dl
O.0
0
c
0
CL
,0
0I
Dl
9,
&		 O.
Io
CLI
IO
Ql0
CL
CT
'C
c
00'
Ct
k
CI
Ql
IO		 CD
ZH
mn
2
CI
g CD
R~
nm
ZR
Do m
Oz
5g		 =
em
4
g
IO
c
e
I'		 r
Z
n
0
r
CD
ZI
m
c
0		 cI0
Ol		 Cl
0		 I 8
ITI
3
Cl		 ID
Ol		 h
ID
O.		 0
CO00
C		 sa
00
Cl
'0		 IDO.
'0
.0 S
Cl
Cl .
Itl
Dl
0
Cla

Analysis ofnet assets between funds -current year
Restricted Unmstricted Total
funds funds funds
2022 2022 2022
8 E 8
Tangible fixed assets 3,893 3,893
Current ass'ets 281,805 54T,039 828,844
Creditors due within one year (44,544) (44,544)
Provisions for liabilities and charges (493,000) (493,000)
Total 281.805 13,388 295,193

Restricted Unrestricted Tolsi
funds funds funCk
2021 2021 2021
6
Tangible fixed assets 8,469 8,469
Current assets 220,577 ,556,965 777,562
Creditors due within one year (T2644) (72,644)
Provisions for liabilities and charges (727,000) (727,000)
Total 220,577 (234,190) (13,613)

2022 2021
6 8
Nst income for the year (ss per Statement of Financial ActivTiies) 39,806 201,195
Adjustments
for:
Depreciation
charges		 4,576 4,228
Bank interest received (34) (277)
Decrease/(increase)
in debtors		 (31,221) 59,244
Decrease in creditors (28,100) (117,879)
Defined benefit
pension scheme cost less contributions		 payable 20,000 12,000
Defined benefit pension scheme finance cost 14,000 8,000
Defined benefit pension scheme administrative cost 1,000 6000
Net cash provided
by operating activities		 20,027 187,711

March 2 022. 022.

y		 g
a		 g
a
Principal actuarial assumptions at the Balance sheet date (expressed as weighted averages):
At 31 March At31March
2022 2021
Discount Rate 255 2.05
Salary Increase Rate 3.15 2.80
Pension Increase Rate (CPI) 3A5 3.10
At 31March Af31March
2022 2021
Years Years
Lifeexpectancy from age 65 (years)
Males retiring today 212 21.1
Males retiring
in		 20years 22.1 22.0
Females retiring today 23.7 23.6
Females retiring in 20years 25.1 25.0

The charlt//s
share ofthe assets in the scheme was		 :
At 31 INarch At31March
2022
8		 2021
f:
Equities 1,491,000 1,388,000
Bonds 262,000 282,000
Property 227,000 199,000
Cash 81,000 77,000
Total fair value ofassets 2,081,000 1,904,000
2022 202'If
Current service cost 35.000 32,000
Past service cost 4,000
Interest income (39,000) (38,000)
Interest cost 53,000 44,000
Administrative
expenses		 1,060 1,000
Total amount recognised in the Statemerrt offinancial activities 50,000 45,000
Movements
in the present		 value ofthe defined benefit obligation were as follows:
2022f 2021
Opening defined benefit obligation 2,631,000 1,899,000
Current service cost 35,000 28,000
interest cost 53,000
Contributions
by scheme participants		 5,000 6,000
Changes in actuarial assumptions (107,000) 669,000
Benefits paid (63,000) (9,000)
Past service costs 4,000
Closing defined benefit obligation 2,554,000 2.631,000

Movements in th e fair val ue ofthe ch arity's sh are ofscheme assets w ere as follows:
2022 202'I
8
Opening
fair		 value cfscheme assets 1,904,000 1,539,000
Interest Income . 3$,000 36,000
Return
on assets		 excluding
amounts		 included in net interest 182,000 313,000
Contributions by employer 15,000 20,000
Contribbtions by scheme parbcipants 5,000 6,000
Benefits paid (83,000) (9,000)
Administrative expenses paid (1,000) (1,000)
Closing fair value ofscheme assets 2,081,000 1,904,000

2022
2		 2021
f
Not later than 1 year 7,282 7,521
The following lease payments have been recognised as an expense in the Statement of financial
activities:
2022 2021
8
Operating lease rentals 14,583 15,501