| Page | ||||
|---|---|---|---|---|
| Report ofthe Trustees | 1 | to | 3 | |
| Independent Examiner's |
Report | |||
| Statement of Financial |
Activities | |||
| Balance Sheet | 6 | to | 7 | |
| Notes to the Financial Statements | 8 | to | 15 | |
| Detailed Statement of Financial Activities |
16 |
| 2021 | 2020 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||||
| funds | fund | funds | funds | ||||
| Notes | E | F | E | ||||
| INCOME AND ENDOWMENTS | FROM | ||||||
| Donations and legacies |
5,020 | 6,950 | 'I1,970 | 8,400 | |||
| Other trading activities |
266,715 | 266,715 | 280,828 | ||||
| Investment income |
3,029 | 3,029 | 4,649 | ||||
| Total | 274,764 | 6,950 | 281,714 | 293,877 | |||
| EXPENDITURE ON | |||||||
| Raising funds | 200,780 | 11,850 | 212,630 | 209,050 | |||
| NET INCOMEi'(EXPENDITURE) | 73,984 | (4,900) | 69,084 | 84,827 | |||
| RECONCILIATION | OF FUNDS | ||||||
| Total funds brought | forward | 414,884 | 10,445 | 425,329 | 340,502 | ||
| TOTAL FUNDS CARRIED FORWARD | 488,868 | 5,545 | 494,413 | 425,329 |
| 2021 | 2020 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||||
| funds | fund | funds | funds | ||||
| Notes | F | E | F | ||||
| FIXEDASSETS | |||||||
| Tangible assets | 10 | 9,073 | 9,073 | 9,974 | |||
| CURRENT ASSETS | |||||||
| Debtors | 9,619 | 9,619 | 17,391 | ||||
| Cash at bank and | in hand | 528,397 | 5,545 | 533,942 | 461,409 | ||
| 538,016 | 5,545 | 543,561 | 478,800 | ||||
| CREDITORS | |||||||
| Amounts falling due within one year |
12 | (58,221) | (58,221) | (63,445) | |||
| NET CURRENT | ASSETS | 479,795 | 5,545 | 485,340 | 415,355 | ||
| TOTAL ASSETSLESSCURRENT | |||||||
| LIABILITIES | 488,868 | 5,545 | 494,413 | 425,329 | |||
| NET ASSETS | 488,868 | 5,545 | 494,413 | 425,329 | |||
| FUNDS | 13 | ||||||
| Unrestricted funds: |
|||||||
| General fund |
349,058 | 290,028 | |||||
| Designated sinking |
fund | 139,810 | 124,856 | ||||
| 488,868 | 414,884 | ||||||
| Restricted funds: | |||||||
| Other restricted | funds | 5,545 | 10,445 | ||||
| TOTAL FUNDS | 494,413 | 425,329 |
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| E | ||||||
| Grants | 11,970 | 8,400 | ||||
| Grants received, | included | in the above, are as follows: | ||||
| 2021 | 2020 | |||||
| f | ||||||
| Other grants | 11,970 | 8,400 | ||||
| 4. | OTHER TRADING ACTIVITIES | |||||
| 2021 | 2020 | |||||
| Management | fees | 30,000 | 30,000 | |||
| Facilities hire | 236,715 | 250,828 | ||||
| 266,715 | 280,828 |
| INVESTMENT INCOME | ||
|---|---|---|
| 2021 | 2020 | |
| Z | E | |
| Interest receivable - trading | 3,029 | 4,649 |
| NET INCOME/(EXPENDITURE) | ||
| Net income/(expenditure) is stated after charging/(crediting): |
||
| 2021 | 2020 | |
| Depreciation —owned assets |
5,416 | 5,426 |
| 2021 | 2020 | ||
|---|---|---|---|
| E | |||
| Wages | and salaries | 83,625 | 85,813 |
| Social | security costs | 2,900 | 4,057 |
| Other | pension costs | 2,104 | 1,514 |
| 88,629 | 91,384 |
| The average | monthly | number | number | ofemployees | during the year was as follows: | ||
|---|---|---|---|---|---|---|---|
| 2021 | 2020 | ||||||
| Management | and ground | staff | 2 | 2 |
| COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | |||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | ||||
| funds | fund | funds | ||||
| E | F | |||||
| INCOME AND ENDOWMENTS | FROM | |||||
| Donations and legacies |
1,000 | 7,400 | 8,400 | |||
| Other trading activities |
280,828 | 280,828 | ||||
| Investment income |
4,649 | 4,649 | ||||
| Total | 286,477 | 7,400 | 293,877 | |||
| EXPENDITURE ON | ||||||
| Raising funds | 208,345 | 705 | 209,050 | |||
| NET INCOME | 78,132 | 6,695 | 84,827 | |||
| RECONCILIATION | OF FUNDS | |||||
| Total funds brought | forward | 336,752 | 3,750 | 340,502 | ||
| TOTAL FUNDS CARRIED FORWARD | 414,884 | 10,445 | 425,329 | |||
| 10. | TANGIBLE FIXEDASSETS | |||||
| Plant and | Ground | |||||
| machinery | improvements | Totals | ||||
| E | E | E | ||||
| COST | ||||||
| At 1 April 2020 | 24,857 | 13,956 | 38,813 | |||
| Additions | 4,515 | 4,515 | ||||
| At 31 March 2021 | 24,857 | 18,471 | 43,328 | |||
| DEPRECIATION | ||||||
| At 1 April 2020 | 22,326 | 6,513 | 28,839 | |||
| Charge for year | 2,531 | 2,885 | 5,416 | |||
| At 31 March 2021 | 24,857 | 9,398 | 34,255 | |||
| NET BOOK VALUE | ||||||
| At 31 March 2021 | 9,073 | 9,073 | ||||
| At 31 March 2020 | 2,531 | 7,443 | 9,974 |
| 11. | DEBTORS:A | M | OU | NT | S |
FALLING DUE WITHIN ONE Y | EAR | ||
|---|---|---|---|---|---|---|---|---|---|
| 2021 | 2020 | ||||||||
| Trade debtors | 3,404 | 9,373 | |||||||
| Other debtors | 1,272 | 1,272 | |||||||
| VAT | 4,943 | ||||||||
| Prepayments | 6,746 | ||||||||
| 9,619 | 17,391 | ||||||||
| 12. | CREDITORS: | AMOUNTS | FALLING DUE WITHIN ONE | YEAR | |||||
| 2021 | 2020 | ||||||||
| E | F | ||||||||
| Trade creditors | 30,223 | 6,792 | |||||||
| Social security | and | other | taxes | 1,896 | 1,703 | ||||
| VAT | 4,322 | ||||||||
| Other creditors | 3,490 | 2,386 | |||||||
| Accruals and deferred | income | 22,612 | 48,242 | ||||||
| 58,221 | 63,445 | ||||||||
| 13. | MOVEMENT IN |
FUNDS | |||||||
| Net | Transfers | ||||||||
| movement | between | At | |||||||
| At 1.4.20 | in funds | funds | 31.3.21 | ||||||
| F | E | E | E | ||||||
| Unrestricted | funds | ||||||||
| General fund |
290,028 | 74,030 | (15,000) | 349,058 | |||||
| Designated sinking |
fund | 124,856 | (46) | 15,000 | 139,810 | ||||
| 414,884 | 73,984 | 488,868 | |||||||
| Restricted funds | |||||||||
| Other restricted | funds | 10,445 | (4„900) | 5,545 | |||||
| TOTAL FUNDS | 425,329 | 69,084 | 494,413 |
| Net moveme | nt i |
n fu | nds, included in the abo |
ve are as follows: | ||
|---|---|---|---|---|---|---|
| Incoming | Resources | Movement | ||||
| resources | expended | in funds | ||||
| E | F | E | ||||
| Unrestricted | funds | |||||
| General fund |
274,764 | (200,734) | 74,030 | |||
| Designated | sinking | fund | (46) | (46) | ||
| 274,764 | (200,780) | 73,984 | ||||
| Restricted | funds | |||||
| Other restricted | funds | 6,950 | (11,850) | (4,900) | ||
| TOTAL FUNDS | 281,714 | (212,630) | 69,084 |
| Net | Transfers | |||||||
|---|---|---|---|---|---|---|---|---|
| movement | between | At | ||||||
| At 1.4.19 | in funds | funds | 31.3.20 | |||||
| F | F | F | ||||||
| Unrestricted | funds | |||||||
| General | fund | 246,752 | 93,276 | (50,000) | 290,028 | |||
| Designated | sinking | fund | 90,000 | (15,144) | 50,000 | 124,856 | ||
| 336,752 | 78,132 | 414,884 | ||||||
| Restricted | funds | |||||||
| Other restricted | funds | 3,750 | 6,695 | 10,445 | ||||
| TOTAL | FUNDS | 340,502 | 84,827 | 425,329 |
| Comparative | ne | t m | ovement in funds, includ |
ed in the above are as follows: |
||
|---|---|---|---|---|---|---|
| Incoming | Resources | Movement | ||||
| resources | expended | in funds | ||||
| F | F | |||||
| Unrestricted | funds | |||||
| General fund |
286,477 | (193,201) | 93,276 | |||
| Designated | sinking | fund | (15,144) | (15,144) | ||
| 286,477 | (208,345) | 78,132 | ||||
| Restricted | funds | |||||
| Other restricted | funds | 7,400 | (705) | 6,695 | ||
| TOTAL FUNDS | 293,877 | (209,050) | 84,827 |
| A current ye | ar 1 | 2 m | onths and prior |
year 12months combine |
d position is a |
s follows: | |
|---|---|---|---|---|---|---|---|
| Net | Transfers | ||||||
| movement | between | At | |||||
| At 1.4.19 | in funds | funds | 31.3.21 | ||||
| Unrestricted | funds | ||||||
| General fund |
246,752 | 167,306 | (65,000) | 349,058 | |||
| Designated | sinking | fund | 90,000 | (15,190) | 65,000 | 139,810 | |
| 336,752 | 152,'l16 | 488,868 | |||||
| Restricted | funds | ||||||
| Other restricted | funds | 3,750 | 1,795 | 5,545 | |||
| TOTAL FUNDS | 340,502 | 153,911 | 494,413 |
| A current year 12 months |
A current year 12 months |
and prior year 12 months | combined | net movement | net movement | in funds, | included in |
the |
|---|---|---|---|---|---|---|---|---|
| above are as follows: | ||||||||
| Incoming | Resources | Movement | ||||||
| resources | expended | in funds | ||||||
| E | E | |||||||
| Unrestricted funds |
||||||||
| General fund |
561,241 | (393,935) | 167,306 | |||||
| Designated sinking |
fund | (15,190) | (15,190) | |||||
| 561,241 | (409,125) | 152,116 | ||||||
| Restricted funds | ||||||||
| Other restricted funds |
14,350 | (12,555) | 1,795 | |||||
| TOTAL FUNDS | 575,591 | (421,680) | 153,911 |
| 2021 | 2020 | ||
|---|---|---|---|
| E | |||
| Independent | examination | 950 | 950 |
| Other services | 950 | 950 | |
| 1,900 | 1,900 |
| BARN ELMS SPORTS TRUST | ||||
|---|---|---|---|---|
| DETAILED STATEMENT OF FINANCIAL ACTIVITIES | ||||
| FOR THE YEAR ENDED 31 MARCH 2021 | ||||
| 2021 | 2020 | |||
| INCOME AND | ENDOWMENTS | |||
| Donations and legacies |
||||
| Grants | 11,970 | 8,400 | ||
| Other trading | activities | |||
| Management fees |
30,000 | 30,000 | ||
| Facilities hire | 236,715 | 250,828 | ||
| 266,715 | 280,828 | |||
| Investment income |
||||
| Interest receivable - | trading | 3,029 | 4,649 | |
| Total incoming | resources | 281,714 | 293,877 | |
| EXPENDITURE | ||||
| Raising donations | and legacies | |||
| Grant funds utilised |
for development | 12,316 | 705 | |
| Other trading | activities | |||
| Wages | 83,625 | 85,813 | ||
| Social security | 2„900 | 4,057 | ||
| Pensions | 2,104 | 1,514 | ||
| Administration | expenses | 7,374 | 8,774 | |
| Establishment | expenses | 104,311 | 108,187 | |
| 200,314 | 208,345 | |||
| Total resources | expended | 212,630 | 209,050 | |
| Net income | 69,084 | 84,827 |