2021-03-31-accounts

			Page
Report ofthe Trustees		1	to	5
Independent Examiner's	Report
Statement of Financial	Activities
Balance Sheet		8	to	9
Notes tothe Financial Statements		10	to	18

					2021	2020
			Unrestncted	Restricted	Total	Total
		Notes	fund f	funds f	funds f	funds 6
INCOME AND ENDOWMENTS	FROM
Donations and legacies		2	20,265	31,950	52,215	32,092
Charitable activities		5
Riding and skating			30,821		30,821	56,190
Other trading activities		3	1,339		1,339	2,850
Investment income		4	237		237	240
Total			52,662	31,950	84,612	91,372
EXPENDITURE ON
Charitable activities		6
Riding and skating			56,827	25,710	82,537	107,580
NET INCOME/(EXPENDITURE)			(4,165)	6,240	2,075	(16,208)
RECONCILIATION OF FUNDS
Total funds brought forward			77,098		77,098	93,306
TOTAL FUNDS CARRIED FORWARD			72,933	6,240	79,173	77,098

		BALANCE SHEET
		31 MARCH 2021
			2021	2020
		Notes	6	E
FIXEDASSETS
Intangible assets		12	773	1,160
Tangible assets		13	21,294	27,322
Investments		14	7	7
			22,074	28,489
CURRENT ASSETS
Debtors		15	14,294	18,402
Cash at bank and	in hand		50,379	41,811
			64,673	60,213
CREDITORS
Amounts falling due within one year		16	(7,574)	(11,604)
NET CURRENT ASSETS			57,099	48,609
TOTAL ASSETS	LESSCURRENT
LIABILITIES			79,173	77,098
NET ASSETS			79,173	77,098
FUNDS		18
Unrestdicted funds			72,933	77,098
Restricted funds			6,240
TOTAL FUNDS			79,173	77,098

4.	INVESTMENT	INCOME
								2021	2020
								6	6
	Deposit account interest							237	240
	All investment	income is	derived	from assets	held	in the United	Kingdom.
	INCOME FROM CHARITABLE			ACTIVITIES
								2021	2020
			Activity					6	f
	Riding and skating		Riding and skating					25,279	49,844
	Coaching		Riding and skating					460	670
	Equipment hire		Riding and skating					82	2,744
	Gift aid		Riding and skating					5,000	2,932
								30,821	56,190
6.	CHARITABLE	ACTIVITIES COSTS
								Support
							Direct	costs (see
							Costs	note 7)	Totals
							F	5	6
	Riding and skating						44,924	37,613	82,537
7.	SUPPORT COSTS
								Governance
					Management		Finance 5	costs f	Totals f
	Riding and skating					35,641	808	1,164	37,613
	Support costs,	included	in the above, are as		follows:
	Management
								2021	2020
								Riding
								and	Total
								skating 6	activities f
	Wages							5,871	6,673
	Social security							597	623
	Pensions							2,160	1,948
	Water							672	240
	Insurance							3,182	3,252
	Light and heat							1,160	3,023
	Telephone							1,407	1,028
	Postage and stationery								19
	Sundries							305	408
	Repairs and renewal							7,303	18,456
	Licences							2,607	1,115
	Bookkeeping							1,755	3,366
	IT provisions							689	1,099
	Carried forward							27,708	41,250

				2021	2020
				Riding
				and	Total
				skating 6	activities f
Brought	forward			27,708	41,250
Cleaning				688	1,694
Training	and	other staff costs		150	412
Event funding					2,174
Payroll costs				680	598
Amortisation		of intangible	fixed assets	387	387
Depreciation		oftangible	assets	6,028	9,882
				35,641	56,397
Finance
				2021	2020
				Riding
				and	Total
				skating	activities
				6	6
Card payment		costs			8
Cash register		charges		808	895
				808	903
Governance		costs
				2021	2020
				Riding
				and	Total
				skating	activities
				F	6
Independent		examiner's	fees	1,164	1,164
NET INCOME/(EXPENDITURE)
Net income/(expenditure)			is stated after charging/(crediting):
				2021 6	2020 f
Depreciation		-owned assets		6,028	9,882
Website	amortisation			387	387

The average monthly number of	emp	loyees during the year was as follows:
			2021	2020
Average number ofemployees			7	7
No employees received emoluments		in excess of660,000.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
				Unrestricted
				fundf
INCONIE AND ENDOWMENTS	FROM
Donations and legacies				32,092
Charitable activities
Riding and skating				56,190
Other trading activities				2,850
Investment income				240
Total				91,372
EXPENDITURE ON
Charitable activities
Riding and skating				107,580
NET INCOME/(EXPENDITURE)				(16,208)
RECONCILIATION OF FUNDS
Total funds brought forward				93,306
TOTAL FUNDS CARRIED FORWARD				77,098

INTANGIBLE FIXEDASSETS
	Website
	f
COST
At 1 April 2020 and 31 March 2021	1,934
AMORTISATION
At 1 April 2020	774
Charge for year	387
At 31 March 2021	1,161
NET BOOK VALUE
At 31 March 2021	773
At 31 March 2020	1,160

TANGIBLE FIXEDASSETS
		Fixtures
	Plant and	and
	machinery 6	fittings f	Totals f
COST
At 1 April 2020 and 31 March 2021	55,720	45,222	100,942
DEPRECIATION
At 1 April 2020	41,583	32,037	73,620
Charge for year	4,050	1,978	6,028
At 31 March 2021	45,633	34,015	79,648
NET BOOK VALUE
At 31 March 2021	10,087	11,207	21,294
At 31 March 2020	14,137	13,185	27,322
FIXEDASSET INVESTMENTS
			Shares in
			gloup
			undertakings f

	3NZ	3NZ	3NZ	3NZ
	Nature ofbusiness: Commercial				operation	ofthe Skatepark		Shop
						0/
	Class ofshare:					holding
	Ordinary 61 shares						100
									31.3.21 f	31.3.20 f
	Aggregate capital	and reserves							7	7
	Profit for the year								5,594	1,839
15.	DEBTORS:AMOUNTS		FALLING DUE WITHIN ONE YEAR
									2021 f	2020 f
	Trade debtors								2,642	412
	Other debtors								11,552	14,958
	Prepayments and	accrued income							100	3,032
									14,294	18,402
16.	CREDITORS: AMOUNTS FALLING DUE					WITHIN	ONE YEAR
									2021 f	2020 f
	Trade creditors								3,374	4,488
	Social secunty and other		taxes						454	596
	Other creditors								7	7
	Accruals and deferred income								3,739	6,513
									7,574	11,604
									2021 f	2020 f
	Brought forward
	Amount released	to incoming		resources
	Amount deferred	in year
	Carried forward

ANALY	SIS O	F	NET ASSETS	BE	TWEEN FUNDS
							2021	2020
							Unrestn cted	Total
							fund f	funds f
Fixed assets							22,067	28,482
Investments							7	7
Current	assets						58,433	60,213
Current	liabilities						(7,574)	(11,604)
							72,933	77,098
MOVEMENT		IN FUNDS
							Net
							movement	At
						At 1.4.20	in funds f	31.3.21 f
Unrestricted		funds
General	fund					77,098	(4,165)	72,933
Restricted funds
Revenue	grant		for roof				6,240	6,240
TOTAL	FUNDS					77,098	2,075	79,173
Net movement			in funds, included		in the above are as follows:
						Incoming	Resources	Movement
						resources f	expended f	in funds f
Unrestricted		funds
General	fund					52,662	(56,827)	(4,165)
Restricted funds
JRS Grants						25,710	(25,710)
Revenue	grant		for roof			6,240		6,240
						31,950	(25,710)	6,240
TOTAL	FUNDS					84,612	(82,537)	2,075
Comparatives			for movement	in	funds
							Net
							movement	At
						At 1.4.19 f	in funds f	31.3.20 f
Unrestricted		funds
General	fund					93,306	(16,208)	77,098
TOTAL	FUNDS					93,306	(16,208)	77,098

Compara	tive	net movement in funds, incl	uded in the above are as follows:
			Incoming	Resources	Movement
			resources f	expended f	in funds 6
Unrestricted		funds
General	fund		91,372	(107,580)	(16,208)
TOTAL	FUNDS		91,372	(107,580)	(16,208)

Southsea Skat charity.	epark Tra	ding L	td are o	wned by t	he trustees and	held in tru	st for the ben	efit of th
							2021 F	2020 f
Recharges							(7,651)	(29,952)
Sale ofstock
Donations received							6,077	1,840
At the balance	sheet date the		following	balances	were outstanding	between	the charitable	company
and Southsea	Skatepark	Trading	Ltd.
							2021 f	2020 f
Debtors							11,552	14964