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|---|---|---|---|---|
|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|
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||||||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|
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|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|
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|||||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|
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|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|
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|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|
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|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|
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||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||||||||||
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|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|
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|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)|
##
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|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|
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