##
#
##
##
|||||Page|
|---|---|---|---|---|
|Legal and|administrative||information||
|Trustees'|report|||2-8|
|Statement|ofTrustees'||responsibilities||
|Independent
examiner's|||report|10|
|Statement|of financial|activities||11-12|
|Balance sheet||||13|
|Statement|ofcash flows|||14|
|Notes to the financial statements||||15-27|
##
##
|Trustees|||Peter Rhodes|||||
|---|---|---|---|---|---|---|---|
||||Robert Briers|||||
||||Michelle Orange|||||
||||Natasha
Hanson|||||
||||Andy Watson|||(Appointed|14September|
|||||||2022)||
||||Stephen
Newton|||(Appointed|6January 2023)|
||||Katherine
Raid|||(Resigned|21 September|
|||||||2023)||
|Secretary|||A Dean|||||
|Charity number|||1142956|||||
|Company|number||07461043|||||
|Principal address|||Sharks
High Performance|Training|Centre|||
||||Carrington
Lane|||||
||||Manchester|||||
||||England|||||
||||UK|||||
||||M31 4AB|||||
|Registered|office||Sharks High Performance|Training|Centre|||
||||Carrington
Lane|||||
||||Manchester|||||
||||England|||||
||||UK|||||
||||M31 4AB|||||
|Accountant||||||||
||||Hallidays|||||
||||Riverside
House|||||
||||Kings Reach Business Park|||||
||||Yew Street|||||
||||StockpoA|||||
||||United Kingdom|||||
||||SK4 2HD|||||
|Key Management||Personnel||||||
||||Abigail Dean (Chief Executive Officer)|||(Appointed|1 January 2023)|
||||Vicky Irwin|||(Resigned|30September|
|||||||2022)||
||||Des Howlett|||(Resigned|10February|
|||||||2023)||
||||Jack Leech|||||
||||Alison Warwood|||(Resigned|31 December|
|||||||2022)||
||||Phil Ball|||(Appointed|August 2022)|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|Current financial year||||||||
|---|---|---|---|---|---|---|---|
||||Unrestricted|Unrestricted|Restricted|Total|Total|
||||funds|funds|funds|||
||||general|Designated||||
|||Notes|2023
F|2023
8|2023
f|2023f|2022
8|
|Income from:||||||||
|Donations
and legacies||2|4,798||125,224|130,022|198,492|
|Charitable
activities||||||||
|Educational|||218,046||30,275|248,321|339,495|
|Trading|||179,606|||179,606|145,164|
|Programmes|||40,333||283,653|323,986|135,106|
|Bank interest|||4,322|||4,322|1,286|
|Total income|||447,105||439,152|886,257|819,543|
|~E*
dit||||||||
|Raising funds||3|20,957||37,553|58,510|64,618|
|Charitable
activities||4|529,067||401,599|930,666|742,160|
|Total expenditure|||550,024||439,152|989,176|806,778|
|Net (outgoing)/incoming|resources|before||||||
|transfers|||(102,919)|||(102,919)|12,765|
|Net income for the year/||||||||
|Net (outgoing)/incoming|resources|before||||||
|transfers|||(102,919)|||(102,919)|12,765|
|Gross transfers
between|funds||111,481|(111,481)||||
|Net income for the year/||||||||
|Net movement
in funds|||8,562|(111,481)||(102,919)|12,765|
|Fund balances at 1 July 2022|||455,039|111,481||566,520|553,755|
|Fund balances at 30June 2023|||463,601|||463,601|566,520|
##
##
##
|Prior financial|year||||||
|---|---|---|---|---|---|---|
||||Unrestricted|Unrestricted|Restricted|Total|
||||funds|funds|funds||
||||general|Designated|||
|||Notes|2022f|2022
f|2022
f|2022f|
|Income from:|||||||
|Donations
and|legacies||118,303||80,189|198,492|
|Charitable
activities|||||||
|Educational|||339,495|||339,495|
|Trading|||145,164|||145,164|
|Programmes|||135,106|||135,106|
|Bank interest|||1,2ee|||1,286|
|Total income|||739,354||e0,189|819,543|
|~d*
alt|||||||
|Raising funds|||36,261|1,427|26,930|64,618|
|Charitable
activities||4|677,250|9,092|55,818|742,160|
|Total expenditure|||713,511|10,519|82,748|806,778|
|Net (outgoing)/incoming||resources before transfers|25,843|(10,519)|(2,559)|12,765|
|Net income for the year/|||||||
|Net movement|in funds||25,843|(10,519)|(2,559)|12,765|
|Fund balances|at 1 July 2021||429,196|122,000|2,559|553,755|
|Fund balances|at 30June|2022|455,039|111,481||566,520|
##
##
##
|||||||2023||2022|
|---|---|---|---|---|---|---|---|---|
|||||Notes|||||
|Fixed assets|||||||||
|Tangible assets||||||22,132||24,697|
|Current assets|||||||||
|Debtors|||||97,320||121,747||
|Cash at bank and in|hand||||524,952||644,340||
||||||622,272||766,087||
|Creditors: amounts|falling|due|||||||
|within one year|||||180,803||224,264||
|Net current assets||||||441,469||541,823|
|Total assets less current||liabilities||||463,601||566,520|
|The funds ofthe charity|||||||||
|Unrestricted
funds -|general|||||463,601||455,039|
|Unrestricted
funds -|designated||fund|||||111,481|
|||||||463,601||566,520|
##
##
##
|||||2023||2022||
|---|---|---|---|---|---|---|---|
||||Notes|f.||E||
|Cash flows from operating||activities||||||
|Cash (absorbed
by)/generated||from|21|||||
|operations|||||(119,150)||55,728|
|Investing|activities|||||||
|Purchase|oftangible
fixed assets|||(4,560)||(18,336)||
|Proceeds|from disposal oftangible
fixed|||||||
|assets||||||3,654||
|Investment|income received|||4,322||1,286||
|Net cash|used in investing|activities|||(238)||(13,396)|
|Net cash|used in financing|activities||||||
|Net (decrease)/increase
in||cash and cash||||||
|equivalents|||||(119,388)||42,332|
|Cash and|cash equivalents
at beginning||ofyear||644,340||602,008|
|Cash and|cash equivalents|at end of|year||524,952||644,340|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||||||||CD|0|||||0||0||CO|O|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||CI|||IA
Ol|CO|I
Ol|||||CO||IA|O|CO|CO|
|||||||||CO||ttl||||||||CD|IA|Ctl|
|||||||||CO||I|||||||||IA|C|
||||||||||||||||f||CO||||
|||||ID00
DD
0|Ol
CI
Ol|tel|||||Oj0
Cl
Ctl||Ol
I0
0|Of|||CO
CO
CO
O
Cl|Ol
O
Ol|||
|||||'0|||||||||||||||||
|||||IU|||||||||||||||||
|||||CI
E|CI||||||||||CO0
CO||||CO
CO|CO0
CO|
|||||E|||||||||||f||||IA|I|
|||||E|||||||||||Of||||||
|||||||||||||||||||||CO|
|||||0.|||||||||||||||||
|||||L|Ol
CI|OI|||||||O
IO|CO
CD|||||||
|||||E|Ol|||||CI
CO|||CA||||||||
|||||8
IO|0
Ol|CII|||||||||||I
CO
O
CD|'|CD
CD
IA
0||
||||||||||||||||||IA||||
|||||ttl00
DO
IDV|IO|Cll||IA
CO||IA
CD
0
IA|Ol
Of
CO||||CI||DD
I
CO||Ol
0
Oj
IA|O
O|
|||||'0|||||||||||||||||
|||||lll|||||||||||||||||
|||||ID||||Ol|'|Ol|C||||||O|'|CD||
|||||E
E|CI|||CO||CO|||||||I
IA||CC||
||||||||||||||||||CA||Ctl||
||||||||||||||||||||CA||
|||||0
I0.|||||||||||||||||
||0
UJDZI-Z0|||0|CI|Cfl||||IA
CO|IA
CO||CO
Ctl
Ctl|Oj
CO
Oj|f
Ctl
CO
CI||5
0)
O||x
O
Ctl|I
IO
CI|
||U||||||||||||||||||||
||NI-Z|||||||||||00|||||||||
||LU||||||||||||||||||||
|Z0|LU
I-
V)|CD
UI|'5'a|||||||||8
00
00||||||0
2
13|||
|CIZ
0
MV
T.
tO
LLI|U
LUZI-0I-
V)
LUI-0|CS
a
a
LUZ
LU
0|L000
Cl||||Dl
0
+
V
g
CI|tff
ID0
0
m
CA|ClE
GlCl
E
0
ID
0
Dl
Ql
Cl
8
Cj|ID
ID
Cj||0
Vl
'00
0
Cl
R
I
ID
Oj|0
tl
«1
CA|8L
CD
E
tD
0
(3||C
v-
ID
'ID
D
ID0|ID
ID
ID
VI
III
C
'ID
'5
DI
C|ID
CD
VI
t7I
Gl
CI
uj
C"
'ID
Iff 'L
dl
DI
C 8
D IL|||
|V)||LL|||||||||||||||||||
##
##
|5|Support costs allocated to activities|Support costs allocated to activities|Support costs allocated to activities|Support costs allocated to activities|Support costs allocated to activities|Support costs allocated to activities|Support costs allocated to activities|||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||||2023|2022|
|||||||||||||f.|6|
||Staff costs|||||||||||93,163|94,598|
||Depreciation|||||||||||3,854|3,881|
||Rent|||||||||||11,667|11,137|
||Printing,
post,|stationery||||||||||2,503|2,824|
||Establishment|cost||||||||||5,877|7,377|
||Sundry|||||||||||9,312|8,761|
||Motor & travel|||||||||||4,442|4,479|
||Advertising|||||||||||1,980|2,691|
||Accountancy|||||||||||11,811|10,545|
||Bank charges|||||||||||652|555|
||Equipment|||||||||||5,084|5,125|
||Consultancy|||||||||||23,038|24,178|
||Governance
costs|||||||||||4,142|3,869|
||Hospitality
costs|||||||||||2,975||
|||||||||||||180,500|180,020|
||Analysed
between:|||||||||||||
||Trading|||||||||||43,114|44,017|
||Programmes|||||||||||77,775|33,064|
||Educational|||||||||||59,611|102,939|
|||||||||||||180,500|180,020|
|6|Trustees|||||||||||||
||No Trustees
received|||any remuneration||||or|benefits|from the|charity during ths|year (2022: nil).||
|7|Net movement||in funds|||||||||2023
E|2022f|
||Net movement|in funds|||is stated after charging/(crediting)|||||||||
||Fees payable|to|the company's|||auditor||for the accountancy|||fees ofthe|||
||company's
financial statements|||||||||||3,809|3,809|
||Depreciation|of owned tangible||||fixed assets||||||7,126|7,163|
||Loss/(profit)
on disposal||||oftangible||fixed assets||||||(337)|
|8|Employees|||||||||||||
||The average|monthly||number ofemployees|||||during|the year|was:|||
|||||||||||||2023|2022|
|||||||||||||Number|Number|
||Charitable
activities|||||||||||27|21|
##
##
##
|8|Employees||(Continued)|
|---|---|---|---|
||Employment
costs|2023|2022|
|||8|8|
||Wages and salaries|598,609|453,663|
||Social security costs|45,505|35,705|
||Other pension costs|44,278|39,485|
|||688,392|528,853|
##
##
##
##
##
|Tangible fixed asset|s|||||
|---|---|---|---|---|---|
|||Fixtures end|Computem|Motor|Tote i|
|||fittings||vehicles||
|||f||E||
|Cost||||||
|At 1 July 2022||3,824|35,310|11,245|50,379|
|Additions||1,637|2,923||4,560|
|At 30June 2023||5,461|38,233|11,245|54,939|
|Depreciation
and impairment||||||
|At 1 July 2022||799|18,495|6,387|25,681|
|Depreciation
charged|in the year|1,012|5,142|972|7,126|
|At 30June 2023||1,811|23,637|7,359|32,807|
|Carrying
amount||||||
|At 30June 2023||3,650|14,596|3,886|22,132|
|At 30June 2022||3,025|16,814|4,858|24,697|
##
##
|11|Debtors|||||||||
|---|---|---|---|---|---|---|---|---|---|
||Amounts
falling due within one year:|||||||2023f|2022f|
||Trade debtors|||||||72,670|119,223|
||Prepayments
and accrued||||income|||24,650|2,524|
|||||||||97,320|121,747|
|12|Creditors: amounts||falling due within one year|||||||
||||||||Notes|2023
F|2022f|
||Trade creditors|||||||11,708|38,512|
||Other taxation and|social||security||||19,521|6,467|
||Deferred income||||||13|80,085|156,765|
||Other creditors|||||||9,948|3,506|
||Accruals|||||||59,541|19,014|
|||||||||180,803|224,264|
|13|Deferred income|||||||||
|||||||||2023|2022|
|||||||||f|f|
||Other deferred
income|||||||80,085|156,765|
||Creditors
amounts|falling||due within one year indudes||deferred|income:|||
|||||||||2023f|2022
6|
||Deferred income is||included
within:|||||||
||Current
liabilities|||||||80,085|156,765|
||Movements
in the year:|||||||||
||Deferred
income at||1 July 2022|||||156,765|63,777|
||Released
from previous|||periods||||(156,765)|(63,777)|
||Resources deferred||in the year|||||80,085|156,765|
||Deferred income at||30June 2023|||||80,085|156,765|
##
##
##
##
##
##
##
##
##
##
|Analysis
of net assets between
funds|||||
|---|---|---|---|---|
|||Unrestricted|Unrestricted|Total|
|||funds|funds||
|||general|Designated||
|||2023|2023|2023|
|||f|f||
|Fund balances at 30June 2023 are represented|by:||||
|Tangible assets||22,132||22,132|
|Current assets/(liabilities)||441,469||441,469|
|||463,601||463,601|
##
##
##
||||||||
|---|---|---|---|---|---|---|
|Analysis|of net assets between|funds||||(Continued)|
|||||Unrestricted|Unrestricted|Total|
|||||funds|funds||
|||||general|Designated||
|||||2022|2022|2022|
|||||8|8|f|
|Fund balances at 30June 2022||are represented|by:||||
|Tangible|assets|||24,697||24,697|
|Current|assets/(liabilities)|||430,342|111,481|541,823|
|||||455,039|111,481|566,520|
##
##
##
|||||||Movement|Movement|Movement|in funds|||Nlovement|Nlovement|Nlovement|in funds||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||Balance at|||||Incoming|Resources|Balance|at||Incoming||Resources|Balance at|
|||1||July 2021
f|||resources
f||expended
f|1 July 2022
f|||resources
f||expended
E|30June 2023
E|
|Restricted|||||||||||||||||
|income fund||||2,559||||80,189|(82,748)||||439,152||(439,152)||
|Designated|funds||||||||||||||||
|The income|funds|||of the charity||||include|the following|designated||funds|which|have been set||aside out of|
|unrestricted|funds||by the Trustees|||||for specific purposes:|||||||||
||||||||||Movement|in funds|||||||
|||||||Balance at|||Incoming|Resources|||Balance|at|Transfers|Balance at|
|||||||1|July 2021||resources|expended||1 July 2022||||30June 2023|
|||||||||f|f||f|||E.|E|f|
|Designated|income|||fund||||122,000||(10,519)|||111,481||111,481||
|||||||||122,000||(10,519)|||111,481||111,481||
|Cash generated||from operations|||||||||||||2023|2022|
||||||||||||||||E|f|
|(Deficit)/surpus
for|||the year||||||||||||(102,919)|35,526|
|Adjustments|for:||||||||||||||||
|Investment|income|||recognised||in||statement|offinancial|activities|||||(4,322)|416|
|Gain on disposal||of||tangible|fixed|||assets||||||||(337)|
|Depreciation|and|impairment|||oftangible
fixed assets||||||||||7,124|7,162|
|Movements|in working
capital;||||||||||||||||
|Decrease
in|debtors||||||||||||||24,427|67,828|
|Increase/(decrease)||||in creditors|||||||||||33,219|(12,232)|
|(Decrease)/increase||||in deferred||income|||||||||(76,680)|78,308|
|Cash (absorbed||by)/generated|||||from operations||||||||(119,151)|176,671|
##
##