2023-03-31-accounts - Barn Elms Sports Trust

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		Page
Report ofthe Trustees		1 to 3
Independent Examiner's	Report
Statement ofFinancial	Activities
Balance Sheet		6 to 7
Notes to the Financial Statements		Sto15
Detailed Statement ofFinancial Activities		16

						2023	2022
				Unrestricted	Restricted	Total	Total
				funds	fund	funds	funds
			Notes	F	6	6	5
INCOME AND ENDOWMENTS		FROM
Donations and legacies			3		33,350	33,350	8,350
Other trading activities Investment income				344,317 7,092		344,317 7,092	371,557 1,850
Total				351,409	33,350	384,759	381,757
EXPENDITURE ON
Raising funds				224,428	32,100	256,528	232,781
NET INCOME				126,981	1,250	128,231	148,976
RECONCILIATION	OF FUNDS
Total funds brought	forward			636,790	6,599	643,389	494,413
TOTAL FUNDS CARRIED FORWARD				763,771	7,849	771,620	643,389

						2023	2022
				Unrestricted	Restricted	Total	Total
				funds	fund	funds	funds
			Notes	E		6	E
FIXEDASSETS
Tangible assets			10	6,824		6,824	6,957
CURRENT ASSETS
Debtors Cash at bank			11	7,969 811,471	7,849	7,969 819,320	14,646 682,373
				819,440	7,849	827,289	697,019
CREDITORS
Amounts falling due		within one year	12	(62,493)		(62,493)	(60,587)
NET CURRENT	ASSETS			756,947	7,849	764,796	636,432
TOTAL ASSETS LESSCURRENT
LIABILITIES				763,771	7,849	771,620	643,389
NET ASSETS				763,771	7,849	771,620	643,389
FUNDS			13
Unrestricted funds:
General fund Designated sinking		fund				595,461 168,310	483,480 153,310
						763,771	636,790
Restricted funds:
Other restricted	funds					7,849	6,599
TOTAL FUNDS						771,620	643,389

		2023 f	2022
Management fees Facilities hire		30,000 314,317	30,000 341,557
		344,317	371,557
INVESTMENT INCOME
		2023 f	2022 f
Interest receivable - trading		7,092	1,850
NET INCOME/(EXPENDITURE)
Net income/(expenditure)	is stated after charging/(crediting):
		2023 f	2022 F
Depreciation - owned assets		2,748	4,417

STAFF COSTS
	2023 f	2022 F
Wages and salaries Social security costs Other pension costs	92,467 2,138 2,263	87,100 2,407 2,127
	96,868	91,634

The average	monthly number ofemployees	monthly number ofemployees	during the year was as follows:
			2023	2022
Management	and ground staff		2	2
No employees	received emoluments	in excess ofF60,000.

NOTES TO THE FINANCIAL STATEMENTS -continued FOR THE YEAR ENDED 31 MARCH 2023	NOTES TO THE FINANCIAL STATEMENTS -continued FOR THE YEAR ENDED 31 MARCH 2023	NOTES TO THE FINANCIAL STATEMENTS -continued FOR THE YEAR ENDED 31 MARCH 2023	NOTES TO THE FINANCIAL STATEMENTS -continued FOR THE YEAR ENDED 31 MARCH 2023
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
		Unrestricted	Restricted	Total
		funds 6	fund f	funds 6
INCOME AND ENDOWMENTS		FROM
Donations and legacies		1,100	7,250	8,350
Other trading activities Investment income		371,557 1,850		371,557 1,850
Total		374,507	7,250	381,757
EXPENDITURE ON
Raising funds		229,681	3,100	232,781
NET INCOME Transfers between	funds	144,826 3,096	4,150 (3,096)	148,976
Net movement in funds		147,922	1,054	148,976
RECONCILIATION	OF FUNDS
Total funds brought	forward	488,868	5,545	494,413
TOTAL FUNDS CARRIED
FORWARD		636,790	6,599	643,389
TANGIBLE FIXEDASSETS
		Plant and	Ground
		machinery F	improvements f	Totals f
COST
At 1 April 2022 Additions		25,998	19,631 2,615	45,629 2,615
At 31 March 2023		25,998	22,246	48,244
DEPRECIATION
At 1 April 2022 Charge for year		25,233 377	13,439 2,371	38,672 2,748
At 31 March 2023		25,610	15,810	41,420
NET BOOK VALUE
At 31 March 2023		388	6,436	6,824
At 31 March 2022		765	6,192	6,957

11.	DEBTORS:AM	OU	NT	S FALLING D	UE WITHIN O	NE YEAR
							2023	2022
							6	f
	Trade debtors Other debtors VAT						6,613 1,356	12,217 1,305 1,124
							7,969	14,646
12.	CREDITORS: AMOUNTS FALLING				DUE WITHIN	ONE YEAR
							2023	2022
							6	F
	Trade creditors Social security and VAT		other taxes				7,305 5,168 94	8,905 3,336
	Other creditors						632	449
	Accruals and deferred			income			49,294	47,897
							62,493	60,587
13.	MOVEMENT IN	FUNDS
						Net	Transfers
						movement	between	At
					At 1.4.22 6	in funds E	funds f	31.3.23 f
	Unrestricted funds
	General fund Designated sinking		fund		483,480 153,310	126,981	(15,000) 15,000	595,461 168,310
	Restricted funds				636,790	126,981		763,771
	Other restricted	funds			6,599	1,250		7,849
	TOTAL FUNDS				643,389	128,231		771,620

			Net	Transfers
			movement	between	At
		At 1.4.21 f	in funds f	funds f	31.3.22 f
Unresbicted funds
General fund Designated sinking	fund	349,058 139,810	146,326 (1,500)	(11,904) 15,000	483,480 153,310
Restricted funds		488,868	144,826	3,096	636,790
Other restricted funds		5,545	4,150	(3,096)	6,599
TOTAL FUNDS		494,413	148,976		643,389

Comparative net movement in funds, in	cluded in the above are as f	ollows:
	Incoming	Resources	Movement
	resources f	expended	in funds f
Unrestricted funds
General fund Designated sinking fund	374,507	(228,181) (1,500)	146,326 (1,500)
Restricted funds	374,507	(229,681)	144,826
Other restricted funds	7,250	(3,100)	4,150
TOTAL FUNDS	381,757	(232,781)	148,976

		Net	Transfers
		movement	between	At
	At 1.4.21 F	in funds 6	funds f	31.3.23 6
Unrestricted funds
General fund Designated sinking fund	349,058 139,810	273,307 (1,500)	(26,904) 30,000	595,461 168,310
Restricted funds	488,868	271,807	3,096	763,771
Other restricted funds	5,545	5,400	(3,096)	7,849
TOTAL FUNDS	494,413	277,207		771,620

A current year 12 months and prior included in the above are as follows:	year 12 months combined	net moveme	nt in fund
	Incoming	Resources	Movement
	resources	expended	in funds
	F	6	6
Unrestricted funds
General fund Designated sinking fund	725,916	(452,609) (1,500)	273,307 (1,500)
Restricted funds	725,916	(454,109)	271,807
Other restricted funds	40,600	(35,200)	5,400
TOTAL FUNDS	766,516	(489,309)	277,207

examination	and other services provided by them	are as follows:
		2023	2022
		K	E
Independent	examination	950	950
Other services		950	950
		1,900	1,900

FOR THE YEAR ENDED 3	1 MARCH 2023
	2023	2022
	5	8
INCOME AND ENDOWMENTS
Donations and legacies
Grants	33,350	8,350
Other trading activities
Management fees Facilities hire	30,000 314,317	30,000 341,557
	344,317	371,557
Investment income
Interest receivable - trading	7,092	1,850
Total incoming resources	384,759	381,757
EXPENDITURE
Raising donations and legacies
Grant funds utilised for development	32,100	5,274
Other trading activities
Wages Social security Pensions Bad debts	92,467 2,138 2,263 360	87,100 2,407 2,127 288
Administration expenses Establishment expenses	11,195 116,005	12,877 122,708
	224,428	227,507
Totalresources expended	256,528	232,781
Net income	128,231	148,976