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||||Page|
|---|---|---|---|
|Reference and Administrative||Details ofthe Charity, its Trustees and Advisers||
|Trustees' Report|||2-6|
|Independent|Auditors'
Report|on the Financial Statements|7-10|
|Consolidated|Statement ofFinancial Activities|||
|Consolidated|Balance Sheet||12-13|
|Charity Balance Sheet|||14-15|
|Consolidated|Statement ofCash Flows||16|
|Notes to the|Financial Statements||17-40|
##
##
|REFERENCE AND ADMINISTRATIVE
DETAILS|REFERENCE AND ADMINISTRATIVE
DETAILS|REFERENCE AND ADMINISTRATIVE
DETAILS|OF THE CHARITY, ITSTRUSTEES AND ADVISERS|
|---|---|---|---|
|||FOR THE YEAR|ENDED 30JUNE 2021|
|Trustees||MW Goodwin,
Trustee||
|||PM Roberts, Trustee||
|||D Simmonds,
Trustee||
|||ME Thacker, Trustee||
|||N Cluxton, Trustee (resigned 19November 2021)||
|||N Johnson, Trustee||
|||Dr P Stankard,
Trustee||
|||J Cooper, Trustee||
|||W TWard, Trustee||
|Company|registered|||
|number||06903318||
|Charity registered||||
|number||1136235||
|Registered|office|The Hub, The Technique|Stadium|
|||Sheffield Road||
|||Chesterfield||
|||Derbys hire||
|||S41 8NZ||
|Company|secretary|Mr Peter Whiteley||
|Chief executive officer||Mr John Croot||
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|||||Restricted|Unrestricted|Total|Total|
|---|---|---|---|---|---|---|---|
|||||funds|funds|funds|funds|
|||||2021|2021|2021|2020|
||||Note|||||
|Income from:||||||||
|Donations,
grants and|legacies|||109„289|10,645,275|10,754,564|156,807|
|Charitable
activities||||101,696|244,421|346,117|381,630|
|Other trading
activities||||31,166|782,965|814,131|214,547|
|income from non charitable||activities|||2,597,293|2,597,293||
|Total income||||242,151|14,269,954|14,512,105|752,984|
|Expenditure
on:||||||||
|Raising funds|||||368|368|640|
|Charitable
activities||||241,183|942,754|1,183,937|807,749|
|Other expenditure|||||3,751,848|3,751,848||
|Total expenditure||||241,183|4,694,970|4„936,153|808,389|
|Net income/(expenditure)||||968|9,574,984|9,575,952|(55,405)|
|Non-controlling
interest|on acquisition||23||(176,833)|(176,833)||
|Net movement
in funds||||968|9,398,151|9,399,119|(55,405)|
|Reconciliation
offunds:||||||||
|Total funds brought
forward|||||517,548|517,548|572,953|
|Net income attributable|to the parent|||||||
|Charity||||968|9,638,860|9,639,828|(55,405)|
|Net expenditure
attributable||to non-||||||
|controlling
interests|||||(62,908)|(62,908)||
|Non-controlling
interest|on acquisition||||(176,833)|(176,833)||
|Total funds carried forward||||968|9,916,667|9,917,635|517,548|
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|||||||2021||2020|
|---|---|---|---|---|---|---|---|---|
|||||Note|||||
|Fixed assets|||||||||
|Intangible|assets|||13||1,003,643|||
|Tangible|assets|||14||13,773,293||1,727,739|
|||||||14,776,936||1,727,739|
|Current|assets||||||||
|Stocks||||16|36,447||||
|Debtors||||17|864,656||125,667||
|Cash at bank and||in hand|||762,436||1,969||
||||||1,663,539||127,636||
|Creditors:|amounts|falling due within one|||||||
|year||||18|(1,748,028)||(162,636)||
|Net current
liabilities||||||(84,4&9)||(35,000)|
|Total assets less||current liabilities||||14,692,447||1,692,739|
|Creditors:|amounts|falling due after more|||||||
|than one|year|||19||(2,769,097)||(1,160,191)|
|Accruals|and deferred||income|20||(2,006,683)||(15,000)|
|Total net|assets|||||9,916,667||517,548|
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||||||2021||2020|
|---|---|---|---|---|---|---|---|
||||Note|||||
|Fixed assets||||||||
|Tangible assets|||14||1,650„469||1,727,739|
|Investments|||15||175,902|||
||||||1,826,371||1,727,739|
|Current assets||||||||
|Debtors|||17|5,911,502||125,667||
|Cash at bank and|in hand|||58,551||1,969||
|||||5,970,053||127,636||
|Creditors: amounts||falling due within one||||||
|year|||18|(466,907)||(162,636)||
|Net current assets||/ (liabilities)|||5,503,146||(35,000)|
|Total assets less|current liabilities||||7,329,517||1,692,739|
|Creditors: amounts||falling due after more||||||
|than one year|||||(2,036,919)||(1,160,191)|
|Provisions
for liabilities|||||(15,000)||(15,000)|
|Total net assets|||||5,277,598||517,548|
##
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||Note|2021f|2020|
|---|---|---|---|
|Charity funds||||
|Restricted funds|23|968||
|Unrestricted
funds||5,276,630|517,548|
|Total funds||5,277,598|517,548|
##
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|||||||2021|2020|
|---|---|---|---|---|---|---|---|
||||||Note|||
|Cash flows from operating||activities||||||
|Net cash (used in)/provided||by operating|activities||26|(1,483,599)|19,608|
|Cash flows from investing||activities||||||
|Purchase
of intangible
assets - player registrations||||||(10,001)||
|Purchase ofsubsidiary||||||(58,521)||
|Cash in subsidiary
at acquisition||||||147,577||
|Net cash provided
by investing
activities||||||79,055||
|Cash flows from financing||activities||||||
|Net cash proceeds from new||borrowing||||2,237,585|25,721|
|Repayments
of borrowing||||||(31,769)||
|Interest paid||||||(34,025)|(42,295)|
|Net cash provided
by/(used||in) financing||activities||2,171,791|(16,574)|
|Change
in cash and cash|equivalents||in|the year||767,247|3,034|
|Cash and cash equivalents|at the beginning|||ofthe year||(4,811)|(7,845)|
|Cash and cash equivalents||at the end|of|the year|27|762,436|(4,811)|
|The notes on pages 17to 40||form part of|these financial statements|||||
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|iation
is provided
on|the following|basis:||
|---|---|---|---|
|Freehold
property||2% straight|line|
|Long-term
leasehold|property|10% straight|line|
|Plant and machinery||20% reducing|balance|
|Motor vehicles||25% reducing|balance|
|Fixtures and fittings||10% reducing|balance|
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|||||Restricted|Unrestricted|Total|
|---|---|---|---|---|---|---|
|||||funds|funds|funds|
|||||2021|2021|2021|
|Donations|||||||
|Charitable|sponsorship||and donations||7,611|7,611|
|Donation|Memorial|Garden|||866|866|
|Donation|ofdebenture||loans (see note 31j||10,628,490|10,628,490|
|Grants|||||||
|Revenue|grants|||104,956|8,308||
|NLT grant|income|||4,333|||
|||||109,289|10,645,275|10,754,564|
||||||Unrestricted|Totai|
||||||funds|funds|
||||||2020|2020|
|Donations|||||||
|Charitable|sponsorship||and donations||9,018|9,018|
|Donation|Memorial|Garden|||1,095|1,095|
|Grants|||||||
|Revenue|grants||||120,444|120,444|
|NLT grant|income||||26,250|26,250|
||||||156,807|156,807|
##
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##
|||||||Restricted|Unrestricted|Total|
|---|---|---|---|---|---|---|---|---|
|||||||funds|funds|funds|
|||||||2021
f|2021|2021|
|Income|from|training||||101,696|163,945|265,641|
|Income|from|activities|and|fund|raising||80,476|80,476|
|||||||101,696|244,421|346,117|
||||||||Unrestricted|Total|
||||||||funds|funds|
||||||||2020|2020|
|Income|from|training|||||181,222|181,222|
|Income|from|activities|and|fund|raising||200,408|200,408|
||||||||381,630|381,630|
##
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##
|||Restricted|Unrestricted|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||2021
f|2021|2021|
|Income from tenants|||31,811|31,811|
|CJRS grants|||222,163|222,163|
|Emerging
Talents||31,166|96,250|127,416|
|Insurance
claims|||130,000|130,000|
|Interest received|||12,828|12,828|
|Grant amortisation|||46,813|46,813|
|Lease premium|income||5,600|5,600|
|Loan waiver|||237,500|237,500|
|||31,166|782,965|814,131|
||||Unrestricted|Total|
||||funds|funds|
||||2020|2020|
|Income from tenants|||89,033|89,033|
|CJRS grants|||103,059|103,059|
|Emerging
Talents|||22,455|22,455|
||||214,547|214,547|
##
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##
||||Unrestricted|Total|
|---|---|---|---|---|
||||funds|funds|
||||2021|2021|
|Gate and|season tickets||176,793|176,793|
|TV and football awards|||276,832|276,832|
|Commercial||income|521,139|521,139|
|Other income|||760,529|760,529|
|Insurance|claims receivable||862,000|862,000|
||||2,597,293|2„597,293|
##
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|||Restricted|Unrestricted|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||2021|2021|2021|
|||F|||
|Revenue|grants|130,720|762,232|892,952|
|NLT grant|income|105,663|53,935|159,598|
|Income from activities and fund raising||4,800|126,587|131,387|
|||241,183|942,754|1,183,937|
||Unrestricted|Total|
|---|---|---|
||funds|funds|
||2020|2020|
|Revenue Grants|574,755|574,755|
|NLT grant income|176,878|176,878|
|Income from activities and fund raising|56,116|56,116|
||807,749|807,749|
##
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##
|||||Unrestricted|Total|Total|
|---|---|---|---|---|---|---|
|||||funds|funds|funds|
|||||2021f|2021|2020|
|Staff salaries||||1,752,141|1,752,141||
|Employers'|national|insurance||174,371|174,371||
|Employers'|pension|costs||59,277|59,277||
|Depreciation|and amortisation|||112,633|112,633||
|Other administration||costs||1,616,720|1,616,720||
|Cost ofsales||||36,706|36,706||
|||||3,751,848|3,751,848||
|Analysis ofexpenditure|||by activities||||
|||||Activities|||
|||||undertaken|Support|Total|
|||||directly|costs|funds|
|||||2021|2021|2021|
|||||||F|
|Revenue
grants||||892,952||892,952|
|NLT grant income||||159,598||159,598|
|Income from|activities and||fund raising||131,387|131,387|
|||||1,052,550|131,387|1,183,937|
|||||Activities|||
|||||undertaken|Support|Total|
|||||directly|costs|funds|
|||||2020|2020|2020|
|Revenue
grants||||574,755||574,755|
|NLT grant income||||176,878||176,878|
|Income from|activities and||fund raising||56,116|56,116|
|||||751,633|56,116|807,749|
##
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||||||2021f|2020|
|---|---|---|---|---|---|---|
|Fees payable|to the Group's|auditor for the audit ofthe Group's||annual|||
|accounts|||||23,000||
|Fees payable|to the Group's|auditor|in respect of:||||
|All non-audit|services not included||above||19,500||
##
|||||Group|Group|Charity|Charity|
|---|---|---|---|---|---|---|---|
|||||2021|2020|2021|2020|
|||||K||K||
|Wages and|salaries|||2,419,220|366,3/7|667„079|366,317|
|Social security costs||||217,870|27,511|43,499|27,511|
|Contribution|to defined|contribution|pension|||||
|schemes||||69,520|7,971|10,243|7,971|
|||||2,706,610|401,799|720,821|401,799|
||||Group|Group|Charity|Charity|
|---|---|---|---|---|---|---|
||||2021|2020|2021|2020|
||||No.|No.|No.|No.|
|Average|number|ofemployees|232|54|74|54|
|Group|Group|
|---|---|
|2021|2020|
|No.|No.|
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##
||||Long-term|||||
|---|---|---|---|---|---|---|---|
|||Freehold|leasehold|Plant and|Motor|Fixtures||
|||property
f|property|machinery|vehicles|and fi5ings
F|Total|
|Cost or valuation||||||||
|At 1 July 2020|||1,704,891|363,700|||2,068,591|
|On acquisition|of|||||||
|subsidiaries||12,394,439|(487,613)|4,489|13,076|314,319|12,238,710|
|Disposals||||||(31,645)|(31,645)|
|At 30June 2021||12,394,439|1,217,278|368,189|13,076|282,674|14,275,656|
|Depreciation||||||||
|At 1 July 2020||||340,852|||340,852|
|Charge for the|year|65,234|67,127|22,168|3,269|31,433|189,231|
|On disposals||||||(27,720)|(27,720)|
|At 30June 2021||65,234|67,127|363,020|3,269|3,713|502,363|
|Net book value||||||||
|At 30June 2021||12,329,205|1,150,151|5,169|9,807|278,961|13,773,293|
|At 30June 2020|||1,704,891|22,848|||1,727,739|
##
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##
|||Long-term|||
|---|---|---|---|---|
|||leasehold|Plant and||
|||property|machinery|Total|
||||F||
||Cost orvaluation||||
||At 1 July 2020|1,704,891|363,700|2,068,591|
||At 30June 2021|1,704,891|363,700|2,068,591|
||Depreciation||||
||At1 July2020||340,852|340,852|
||Charge for the year|56,000|21,270|77,270|
||At 30June 2021|56,000|362,122|418,122|
||Net book value||||
||At 30June 2021|1,648,891|1,578|1,650,469|
||At 30June 2020|1,704,891|22,848|1,727,739|
|15.|Fixed asset investments||||
|||||Investments|
|||||in|
|||||subsidiary|
|||||companies|
||Charity||||
||Cost or valuation||||
||Additions|||175,902|
||At 30June 2021|||175,902|
||Net book value||||
||At 30June 2021|||175902|
##
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##
|||Group|Group|Charity|Charity|
|---|---|---|---|---|---|
|||2021|2020|2021|2020|
|||F||||
|Due within one year||||||
|Trade debtors||77,213|71,277|61,510|71,277|
|Amounts
owed by group undertakings||||5,820,969||
|Other debtors||7&7,443|30,390|29,023|30,390|
|Prepayments|and accrued income||24,000||24,000|
|||864,656|125,667|5,911,502|125,667|
##
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##
||||||Book value|Fair value|
|---|---|---|---|---|---|---|
|Fixed assets|||||||
|Tangible|||||12,651,119|12,651,119|
|Intangible|||||77,000|77,000|
||||||12,728,119|12,728,119|
|Current assets|||||||
|Stocks|||||16,126|16,126|
|Debtors|||||461,314|461,314|
|Cash at bank and||in|hand||147,577|147,577|
|Total assets|||||13,353,136|13,353,136|
|Creditors|||||||
|Due within one|year||||(12,420,502)|(12,420,502)|
|Due after more|than||one year||(2,038,496)|(2,038,496)|
|Non-controlling|interest||||176,836|176,836|
|Total identifiable||net liabilities|||(929,026)|(929,026)|
|Goodwill||||||1,104,928|
|Total purchase|consideration|||||175,902|
|The results ofCFC||2001 Limited for the 11 months since acquisition|||are as follows:||
|||||||Current|
|||||||period|
|||||||since|
|||||||acquisition|
|Revenue
(excluding|||insurance|proceeds)||1,735,292|
|Loss for the period||since acquisition||||(393,400)|
##
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##
|Statement|offunds - current|year|||||
|---|---|---|---|---|---|---|
|||Balance at||||Balance at|
|||1July|||Transfers|30June|
|||2020|Income|Expenditure|in/out|2021|
||||E||||
|Unrestricted
funds|||||||
|General
Funds - all funds||204,761|14,269,954|(4,632,062)||9,842,653|
|Non-controlling
interest||||(62,908)|(176,833)|(239,741)|
|Revaluation|reserve|312,787||||312,787|
|||517,548|14,269,954|(4,694,970)|(176,833)|9,915,699|
|Restricted|funds||||||
|Restricted|Funds - all funds||242,151|(241,183)||968|
|Total offunds||517,548|14,512,105|(4,936,153)|(176,833)|9,916,667|
##
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##
|Statement offunds (continued)|Statement offunds (continued)|||||
|---|---|---|---|---|---|
|Statement offunds - prior year||||||
|||Balance at|||Balance at|
|||1July|||30June|
|||2019|Income|Expendituref|2020|
|Unrestricted
funds||||||
|General|Funds - all funds|572,953|752,984|(808,389)|517,548|
##
|Summary
offunds - cu|rrent year|||||
|---|---|---|---|---|---|
||Balance at||||Balance at|
||1 July|||Transfers|30June|
||2020f|Income
f|Expenditure
f|in/out
f|2021
f|
|General funds|517,548|14,269,954|(4,694,970)|(176,833)|9,915,699|
|Restricted funds||242,151|(241,183)||968|
||517,548|14,512,105|(4,936,153)|(176,833)|9,916,667|
|Balance at|||Balance at|
|---|---|---|---|
|1July|||30June|
|2019|Income|Expenditure|2020|
|572,953|752,984|(808,389)|517,548|
##
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##
|Analysis|of net asset|s between funds -current year||||
|---|---|---|---|---|---|
||||Restricted|Unrestricted|Total|
||||funds|funds|funds|
||||2021|2021|2021|
|||||F||
|Tangible|fixed assets|||13,773,293|13,773,293|
|Intangible|fixed assets|||1,003,643|1,003,643|
|Current assets|||968|1,662,572|1,663,540|
|Creditors|due within one year|||(1,748,029)|(1,748,029)|
|Creditors|due in more than one year|||(2,769,097)|(2,769,097)|
|Provisions|for liabilities|and charges||(2,006,683)|(2,006,683)|
|Total|||968|9,915,699|9,916,667|
|Analysis|of net assets between funds - prior year|||||
||||Restricted|Unrestricted|Total|
||||funds|funds|funds|
||||2020|2020|2020|
|Tangible fixed assets||||1,727,739|1,727,739|
|Current assets||||127,636|127,636|
|Creditors|due within one year|||(162,636)|(162,636)|
|Creditors|due in more than one year|||(1,160,191)|(1,160,191)|
|Provisions|for liabilities|and charges||(15,000)|(15,000)|
|Total||||517,548|517,548|
##
##
##
|||||||Group|Group|
|---|---|---|---|---|---|---|---|
|||||||2021f|2020|
|Net income/expenditure|for|the year (as per Statement|||of Financial|||
|Activities)||||||9,575,952|(55,405)|
|Adjustments
for:||||||||
|Depreciation
charges||||||189,231|22,554|
|Amortisation
charges||||||111,286||
|Loss on the sale offixed|assets|||||3,925||
|Increase
in stocks||||||(20,321)||
|Increase
in debtors||||||(277,675)|(24,097)|
|Decrease
in creditors||||||(247,886)|34,261|
|Decrease
in accruals and deferred|||income greater than||one yeat|(46,813)||
|Interest paid||||||34,025|42,295|
|Deemed donation
- loans||||||(10,628,490)||
|Non-controlling
interest||||||(176,833)||
|Net cash (used in)/provided||by operating||activities||(1„483,599)|19,608|
##
|||||Group|Group|
|---|---|---|---|---|---|
|||||2021f|2020|
|Cash|in hand|||762,436|1,969|
|Bank|overdraft|repayable|on demand||(6,780)|
|Total|cash and|cash equivalents||762,436|(4,811)|
##
##
##
##
||||||At 1 July||At 30June|
|---|---|---|---|---|---|---|---|
||||||2020|Cash flows|2021|
||||||||F|
|Cash|at bank and||in hand||1,969|760,467|762,436|
|Bank|overdraft|repayable||on demand|(6,780)|6,780||
|Debt|due within|1|year||(36,629)|(19,880)|(56,509)|
|Debt|due after|1 year|||(1,160,191)|(1,608,906)|(2,769,097)|
||||||(1,201,631)|(861,539)|(2,063,170)|
##
##
##
||||Group|Group|Charity|Charity|
|---|---|---|---|---|---|---|
||||2021f|2020|2021|2020|
|Not later than||1 year|12,424|11,100|12„424|11,100|
|Later than|1 year and not later than 5years||20,267|22,806|20,267|22,806|
||||32,691|33,906|32,691|33,906|
##
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