Docusign En¥ÈlopÈ ID". 922C5A91-D6774C67-983E-A98E2E88F2B9 YORKSHIRE SPORT FOUNDATION ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 Company Reg18tration No. 07633990 (England and Wales) Charity Registratlon No. 1143654 Docusign En¥ÈlopÈ ID". 922C5A91-D6774C67-983E-A98E2E88F2B9 YORKSHIRE SPORT FOUNDATION LEGAL AND ADMINISTRATIVE INFORMATION Tru8tees P Reid G Smith R Salloo C D Black H Kendall B Smith J Lord J McGairy Williams (Appointed 12 October 20201 (Appointed 12 October 2020} (Appointed 12 Octobar 2020} (Appointed 26 April 20211 (Appointed 12 October 2020) Chief Exeeutive Offlcer Nigel Harrison Charlty number 1143654 Company number 07633990 Roglst8r8d and prlncipal offica West Yorkshire Joint Services Building Nepshaw Lane South Morley L&ed8 LS27 7JQ Audltor Alison Whall8y FCA Naybr Wintersgill Limilad Carlton House Bradford BD14NS Bankers Barclays Bank PIC 39- 47 Comm8rGial Street Halifax HX1 1BE United Trust Bank One Ropemaker Street London EC2Y 9AW Solicitor8 Wrigleys Solicitors LLP 19 Cookridge Street Leeds LS2 3AG Docusign En¥ÈlopÈ ID". 922C5A91-D6774C67-983E-A98E2E88F2B9 YORKSHIRE SPORT FOUNDATION CONTENTS Page Trustees, report stalerrent of Trustees, responsibilities Independent audilols report 10-12 Slalemenl of financial activities Balance sheet 14-15 statement of cash flows 16 Notes to the finanGial statements 17-32 Docusign En¥ÈlopÈ ID". 922C5A91-D6774C67-983E-A98E2E88F2B9 YORKSHIRE SPORT FOUNDATION TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 31 JYIARCH 2021 Chief Executlv8 Introduction Vve are delighted to be able lo introduce our 202012021 annual report which marks the 10th anniversary of our Charity being established. The year was obviousty dominalad by the Covid pandemi¢ as we adjusted to the way we work and the way we support people to be active. INe are commilled lo our 8mbiliDn of everyone in our area of Yorkshire lo be doing some form ol physical actniily each week driven by the knowledge that this will improve our population's mental and physical health alon9 with conlribuling to a vibrant place lo live. The eviden￿ is mounting, and Covid has shown. th81 if has never been as important for everyone to have basic levels of fitness that can be g8ined by rnoving more. In common with every other organisation we have needed to swiftly adjust how we operate throughout the year, promoting and catering foi virtual and in-person activities. Overall, activity levels have slightly reduced although we know this masks huge differences and inequalitiès, especially in relation to economic deprivation. Our focus on our communitie8 that experien￿ low levels of income has been crurAal with the £400k invèstment from Sport England's 'Tackling Inequalities Fund, has spearheaded this work We know though that simply providing programmes of opportunities will not be enough to 8UPPOrt people to be active. We need lo build physical acl¢vily into every part of day to day life which will include considering planning design, actÈve transport. us6 of green spaces, health pathways and all other areas of policy and strategy. INe have been working to Influen￿ decision makers across Yorkshire lo integrate physical activity into their plans throughout the year. We work with many partners and peopl& on B day lo day basis. 11 has been awe-inspiring to witness the way in which many of them have been working on the emergency r8aclion and recovery to th& pandemic. We give a massive Ihank-you lo those and others for their work and endeavouls and look foNard to working with them to truly put physical activity and sport al the heart of shaping the future for our part of Yorkshire. We must also thank our main funders Sport England and others, especially local aulhorilies, who continue to give us such good backing year on year. It has been essential that funding was confirmed early so that we Could concentrate our efforts on our core role. La511y, but definitely not least, we thank our team who have excelled over the last year Showing flexibility and resilience like never before. We look fotward to a refresh8d strategy and refreshed energy over the next year as we work with partn?rs lo drive physical activity on to new levels. Paul Reid d by.. Chalr EtSD$DA724C54CF... Nigel Harrison CEO DKUS￿n￿tsY'. P É¥a¥Yi OE3￿SCo2EF943A Docusign En¥ÈlopÈ ID". 922C5A91-D6774C67-983E-A98E2E88F2B9 YORKSHIRE SPORT FOUNDATION TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 The Trustees present their report and accounts for the year ènded 31 March 2021. The diTeclors of the charitable company Ilhe charity} are its trustees for the purpose of charily law and Ihroughoul this report 8re collectniely referred lo as the Board of Trustees. Their responsibili116s include all the responsibilities of direclors under the Companies Act and of trustees under the Charities Act. The accounts have been prepared in a¢¢ordance with the accounting policies s&t out in note 110 the accounts and comply with the Charity's Memorandum and Articles of Associ81ion, the Companies Act 2006 and 'Accounling and Reporting by Charities.. Statement of Recommended Pra¢lice applicable lo charities preparing their accounts in accordance with the Financtal Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021" la8 amended for accounting periods commencing from 1 January 2016) OBJECTIVES AND ACTIVITIES The objects of Yorkshire Sport Foundation as sel out in the Articles of Association are.. The advancement of amateur sport and the promotion of community participation in healthy recreation in Part￿Ul8r by the coordination of sporting and physical activities andlor the provis￿ of facilities for the playing of sport., To advance the education of the public in the subjtscl of 5POrt and physical recreatlDn and the provision of lacilities, courses, training programmes and resources lo enab￿. assist and encourage the edltcalion of persons in sport and physical aclivily. The advancement of good health.. and Thfj promotion or provision of facilities for recreation or other lelsure lime occupation of indiv¢duals who have need of such facilitiès by reason of their youth, age, inliTmity or disablemtsnt. financial hardship or soGial and economic circumstances 01 for the public al large in the interests of Social welfare and with the object of improving the condition of life of the saKI persons. Deliverlng Publ1¢ Benefit The objects above are Ihe key charitable aims of Yorkshire Sport Foundation and fall within the recoynised descriptions of ¢harilable purpose5 in the Charities Act 2011 namely the advancement of health and the acfvancemenl of amateur sport. All activities are inlrinsic311y linked to achieving these aims for IIE public benefit. Significant activities and achievem8nts against lalgets are d&taileLI below under Aims and Achievements. In setting these objects the Yorkshire Sport Foundation Board of Trustees have complied with th@ duly to have due regard to the guidance on publiG bonefit published by the Charlly Commission in ex8rcising their powers or dulles, ACHIEVEMENTS AND PERFORMANCE In our 8tralegy we descTibe our role as connecting agencies and organisalions., Influencing decision makers al all levels on how we can embed physical activity and sport to reach a wide range of oulGomes', and Provldlng a range of programmes, coursès and events. This year has obviously been dominated by the Covid pand8Mic resulting in the scope and nature of our wo¢1( radically changing. For large periods of the year, exerctse was recognised as one of the few reasons people were able lo leave their homes. We have experienced the paradox of it never being so important lo be active for physical and mental wellbeing while the opportunities lo be aclive have never been so reslTlCted. especial in some of our poorer communities. Overall data points to a reduction in adult activity leveSs of 3Yo lo 50kn, although this masks significant inequalities related to economic circumstances. At the beginning of the pandemic, we swiftly redeflned our aims to address the situation. As it turned out these stayéd with us through the year. 80 will fomi a solid basis for this arbnual reporL' Docusign En¥ÈlopÈ ID". 922C5A91-D6774C67-983E-A98E2E88F2B9 YORKSHIRE SPORT FOUNDATION TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 Priority 1: Looklng after our peoplg and our organisation Early into the pandemi¢, Sport England confirmed Ils fvnding to partner organisalions for 2020121 and the following year. This financial bedrock let us concentrate our efforts on suppDrting people lo be active wilhoul the need for government business support or furloughing Oltr people. We have already developed flexible working Practi￿5. so were able to adjLEsI swlftty lo home workng. We wore also quick lo establish an inleinal 'well-being working group, that pul in place a range of support for our team, inGluding mental health awareness, peer support. team activities and regular 'check-in' surveys. The team's feedback has been very positive, with highest scores recorded yel on our staff surveys. We also look the opwlunity lo a￿lerate our work towards becoming a 'learning organisation,. This included iaising undersl8nding of reflective practi￿, regular 'l6arn and share, sessions and the introduction of our bespoke online 'Learning Bank,. This helped us complete tho development of our'Lttarning and Performance System, which uses quanlilalwe and qualilalive data lo capture intelligence that drives our work. This meant we could start lo address the long-held issue of measuring influence and the way people and organisations inlera¢l lo make il easier for us 811 lo be active. The system has been showcased nationally as an example of excellent practice. The tragic event of George Floyd's death brought acceleration and focus lo our approach lo diversity. inclusion and equality. Vve publically declared our interilion lo becowne an anli-racist organisation, recognised th@ need for increased learning and awareness for our team and look a fvndamenlal review of our policies, procedures and communications. Over the year numerous learning events were organised for our team through our Diversity and Indusion group, creating discussion and debate. A joint podcast was Created with n8tional body Sportsng Equals. including both CEOS. discussing our approach, learning8 and chang¥s in language. We had a turnover of board members through the year and ? recruitment process appolntad four experienced and highly skilled members during the Autumn. Aligned lo this we created and incorporated a subsidiary trading company, 'Yorkshire Sport Plus,. as we aim lo diveTsify and increase our income that can bè redistributed for our charitable purpos85. YoTkshire Sport Plus will deal with our transactional business with an initial focus on creating data partnerships with a range of sportlng organisalions from across the country and the licensing of the Learning Bank. In January 2021 Sport England launchecl ils 'Uniling the Movement, 10-year strategy. The fundamental prinGiples and focus of tackling inequalities through local place-based approaches align wo11 with our recent direction of travel. We have started a refresh of our current strategy whiGh will be18unched in the Summer of 2021, although we are not planrking any rnajor Ghange in direction Irom our current approach. Priority 2: Supportlng the seclor and our partners During the initial response phase of the pandemic. it was clear thal many voluntary and private swrt and activity organisations would face extreme financial challenges. In response, we immediately confirmed funding would continue regardless of the stage of delivery., established a contact advisory line to help organisalions find government and other assistance.. 8Stablished an online directory of support and gave individual advi￿ to voluntary and other organisations. Vve continued lo be an information source and shared the leaming as the ye8r progressed, with rostriclions evolving through the 'return lo play, phases. In particular, we worked with the National Governing B(￿leS of Sport lo connect voluntary sports clubs lo local support and helped networking beiween leisure facility provider5. Anecciolal evidence and the data we have seen suggests there has been an encouragirig take-up ol opportunities in the iecenl phase of Te-opening facilities. Throughout thè year, we continued lo support thé physical activity1eade¥ship bodies in eaGh of our districts (we call thom District Activity Partnerships), although we soon recognised that our colleagues, particularly those in local authorities and health bodies were largety redeployed with urgent pandemic business. So, in some districts we needed to take a more central leadetship role lo ensure influencing and promotion of physical activity remained in place. In particular, il has been vital that connection within a District has remained high as colleagues have worked togèlh8r lo adapt to rapidly changing circumstances. Docusign En¥ÈlopÈ ID". 922C5A91-D6774C67-983E-A98E2E88F2B9 YORKSHIRE SPORT FOUNDATION TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED FOR THE YEAR ENDED 31 MARCH 2021 While most of the focus has been on promoting activity and SUPPDrting the sector in the districts, there have also been improvements in relationships, Influen￿ and slralegy development. The connection with the voluntary and community sector has also improved 8 great deal. Physical activity slfa16gi¢ plans have beén completed or commenced in Leeds, Bradford, Kirklees, Sheffiold. and Barnstey as we seek lo capitalise on Ihe increased focLfS on physical activity for health. New branding and identity have bean introduced in Rolherham and further work on strategic conneclivily in Wakofield has been ¢ompleled. The Sport England LoGal Delivery Pilots in Bradford. Calderdale and Doncaster have continued in their work, especially in their drive lo embèd physical activity within all organisalions across the district. All have successlully applied for funding to continue to 2025. Eight of our Districts (exception being Galderdale which was not identified as 8 priority areal have been WOTking on developing plans and a bid for the Foolb811 Foundation's 'A¢live through Football, programme which has required th@ formation of lo￿1 multi-agency partnerships and our officers have been (£nlral lo this work. The District Activity Partnerships have also been giving local support through provision and signposling ID local funding and sharing knowledge Ihiough things like regular webinars. which have been well allended. Our 8pproach for a number of years has been lo focus our resources on those areas with low levels of income and, as a result, high levels of deprivation of varying kinds. Our communities. team works along with local Champions in areas where they can make a ieal difference. We know that Covid has exacerbalBd a wsde range of inequalities including those ielaled lo physical aclivily. Along with our partners, our communities, leam quickly rea¢led in the immediate response pèriod supporting local charities Iri their work, mostly ensuring people had Ih8ir basic needs mel. Through Ihese connections we were able lo promote the impoilance of remaining active. In several areas such as Sheffield, Leeds. Kirklees and Barnsley actwily packs were distributed by partners encouraging people lo be as aclivg al home as they could be. In the Deame Valley, for example our Champions organised activity sessions for older people in their gardens, whilst a 'buddying system, allowed one-to-one walks lo take place when restrictions allowed, addressing specific issues around loneliness, Across the year the Active Deame project helped 1.886 people. In February we brought Seaders from all districts togalher for a week-long 'Leading Our Active Places. event that allracled 388 paople to tho eight sessions. We had really positive feedback from the evént and plan to repeal similar events twice a year. We tried to make the most of the increa8ed focus on exercise and activity by producing an 'Asks' ￿￿uM@nI that Sel out specific areas that local le8ders and decision makers could address lo make it easier b be aclive. The lisl included, amongst others, a focus on green space, housing design, schools and education, workpla activity and active travel. We knew there was already good praclico laking place in Many areas, and we wanted to push further than before. The 'Asks' gained Iraction In several areas. for example, it resulted in strategic conversations and development work with the senior leaders in Bradford. Most notably il helped us forge a stronger relationship with the Wesl Yorkshire and Harrogale Inlegraled Care System IICSI wilh high-level commitment made lo integrating physical activity across health and social care acros8 the area. A strategic physical activity group and action plan has been forTned within the ICS which bodes well for future integration. This has been showcased national￿ as an example of good PTactice. At a regional level, we were asked by Policy Yort(shire to lead the developtnenl of a PhysicAI Activity and Sport policy paper to supwrt local and national decision makers in setting policy that will support more people lo be active. The paper is due to be launched in th8 Summer of 2021. Our education at)d schools, team has Contin￿ed to develop and promote the Cr&aling Active Schools Framework which is starting to be implemanled in rnany of our areas. One of the88 is in the B¥adford Local Delivery Pilot whero extensive research into ils impact is tsking plaGo. Working with national agencies, online Tesources are being developéd to support the next stage of national roll-out. In January, the govemmènt announced funding lo open up school facilities for community use. Active parlner8hips were asked to manage the progiamme locally. We h8ve been allo¢aled £615.000 to support the programme, idenlilying schools with highest numbers of pupils recewing free school meals, and we have bèen working wilh our local partners lo identify and work with schools where il can do the most good. Docusign En¥ÈlopÈ ID". 922C5A91-D6774C67-983E-A98E2E88F2B9 YORKSHIRE SPORT FOUNDATION TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 IN6 entered the year planning lo start the Coach Core programme, aiming to 8UPPOrt apprent￿e3 lo galn traction in the sethr. The programme was redLI￿d due lo the pandemic, nevertheless, 11 young people entered the programme gaining 8 Level 2 apprenticeship along the way. Priority 3.. Promotlng and supportlng peoplg to be active 11 has been important that we kept fcKus on OUT primary purpose of supporting and encouraging people to be active and play sport. V￿lIe the ability to exercise, al least once a day. has been a conslanl Ihioughoul the year we know there have been large disparities in our people's ability and motivation to do so. Inilially, we turned to promoting online activity, especially Sport England's excellent 'Join the Movement, campaign. Wè supported our partnws in developing their own local campaigns such as 'nAoving Rolherham., 'Active in Bamsley,, '20-minule Movement in Bradford, and 'Move More Sheffield, lo promote the importance of keeping active during the year. Pooling some of our progTamrne funding we invested £7.000 in 31 projects in our newly created 'Vithally Active, programme. This allowed those organisalions lo continue delwering their activities lo their groups online. Following initial research over the Summer, Sport England launched ils 'Ta¢kling Inequalities Fund, aiming lo reduce the gap in activity levols between Ihose with differing levels ol income. We were asked lo implement the programme locally which resulted in investing £440,000 in 86 projects across some of our pooresl areas. Much of the funding was aimed at those from ethnically diverse communities and those with long lemi conditions. This wss a major programme which we were asked lo implement swiftly, and we were pleased that we were able to supporl and make connections with local organisations. many that we hadn't WOTked with previously. Over 80°h of those we furKled were organisations new lo us, giving us as deeper reach into more communities. Projects included online activity, activity packs, individual and srn811 group activities. To date the projects have reached 3,464 participants. Relatively small amounts of easily- accessed funding were having hLJge impact, and it has sel the lemplale of how we want to WOTk in the future. Noticing a gap in online provision for PE as Sch￿18 were closed our team developed a series of # Thisi8PE short videos lo support parents in their home-schooling. The campaign developed huge momentum with over 630,OW views of 26 videos produced, with contributions from across the country. The programme was backed by the Dapartment of Education. being only on8 of four resources being supported by them al the lime. More r8centty it has been included in Sport England's recentw launched 'Active Recovory Hub, for children and young people. Vve were obviously unable to organise our usual county-level School Games events whlch would attraGt around 5,000 children each year, Instead. we again turned to online activity promoting a series of School Games activity days lor children to do al home or within their own schools. As a result, we were able lo rgach many more children than would ordinaiiSy gel to events, with over 119,OOU registering to take part This year a180 saw the start of s8varal new programmes again aimed al addressing inequalities. Using funding frown the London Marathon Charitable Trust our 'Young People Forward, programme was aimed al using sport and physical activity as a vehicle for building social skills for young peoplé who were homeless or al risk of homelessness. So far, we have inveslBd £75.000 into ten Ioc81 organisalions to support 117 young people. We will be looking to extend this type of work in th8 future. We wnlinued lo support tho 'Safely Nels, programme which transferred lo online support in Ihe name of 'Home Go8ls'. Working with mertlal hea51h specialists and piofessional sports Glub foundations. the programme uses th8 so¢t81 interactions created by sport and physical aGtivily to improve young peDPte's mental health. There is great potential for the programme lo grow with numerous examples of young people being taken off wailing lists for specialist support. Docusign En¥ÈlopÈ ID". 922C5A91-D6774C67-983E-A98E2E88F2B9 YORKSHIRE SPORT FOUNDATION TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 Current Position and Future Work At the lime writing we are within Slep 3 01 the governm&nl's recovery roadmap, which means that almost all physical activity and sport opporlunilies are open. The early signs are encouraging in that people are returning lo clubs and organisations, in some cases in higher numbeis than pre-covid levels. However, we are extremely mindful of the inequalities that exist and we will conllnue lo target those people and communities who need most support. In particular, we intend lo keep influencing Ic*al leaders and decision makers to ensure phystcal adivity is integrated into everyone's work. FINANCIAL REVIEW Financial results for thè year ended 31 March 2021 are shown in the Statement of Financial Activities on page 13 with the associated assets and liabilities set out in the Balsnce Sheet on pages 14-15. Supporting notes lo the accounts are on pages 17-33 providing additional information lo support the figures in the main slalemenls. The Financial Statements have been prepared lo Comply with the Slalemenl of Recommended practi￿ applicable lo Gharilies pieparing their accounts in ac¢ordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS1021 and the Companies Act 2006. The income for the year amounted to £2.636,424 12020 £2,159.6971 with expenditure amounting to £2,355,569 (2020 - £2,124,859} resulting in a net income of £280.855 {2020- £34.838). Resgrye8 Policy - The Board of Trustees has revièwed the policy for the retentSon of resetves a8 881 out in the tab18 below.. Critical 3 months operating costs plus redundancy payment8 At this point solvency of tho ¢ompany is a concern and actions will be taken. £275,000 Made up of., Contingency Fund Unrestricted Reserves £0 £275,000 Optimal 6 months operating costs plus redundancy payment8 The optimal point is 6 months o operating expenses. Between 3 and 6 months we need to be Cautious. £470,000 Made up of., Contingency Fund Unreslricled Reserves £195,000 £275,000 Maximum onths osls redundancy paym&nls. Levels beyond 6 months should initiate Consideration of investing the funds for oui charitable objectives. There should not be any resetwes funding beyond 9 months. £665,000 operating plus Made up of., Contingency Fund Unreslrtcled Reserves £390,000 £275,000 The final level of year end unrestricted reserves for 202012021 was £280,707 {201912020 £262,040) which is deemed as optimal i.e. between 6 and 9 months. Principle Funcllng Sour¢8s Sport England is the key funder for Yorkshire Sport Foundation. This year an amount of £2.080,738 was re￿￿Ved for core funding for the Active Partnership with a number of the projects highlighted earlier in the report also benefiting from Sport England funding. Docusign En¥ÈlopÈ ID". 922C5A91-D6774C67-983E-A98E2E88F2B9 YORKSHIRE SPORT FOUNDATION TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 Grant Maklng Policies - Due to the naturè of the Chaiity we give many grants lo diffeTenl organisalions and individuals. Although there is not a company wide grant policy each individual programme that has Ills furtclion has a grant making policy that is steered by offI￿rg. partners and funders. FundraigSng Yorkshire Sport Foundation d￿S not curienlly engage in any significant fundiaising activities bul recognises the need to consider a fundraising strategy should il be necessary to support the aim of improving sustainability future years. Risk Planagement The Trustees have assessed the major risks lo which the Charity is exposed, and are satisfied that systems are in place lo miligale exposuff to the major risks. The Finance, Audit and Risk Committee reviews the Risk Register al every tneeling concenlialing Dn live and future risks to the ￿ganisation. Al th818sI meeting of the commillee there remained four risks on the risk register, all with a medium risk rating. STRUCTURE. GOVERNANCE AND MANAGEMENT Yorkshire Sport Foundation is a charitable company limited by guarantee incorporated on 13 May 2011 and registered as a charity on 2 September 2011. The company was established under a Memorandum of Association which established the objects and powers of the chartlable company and 18 governed under its Articles of Association. The Truslees, who are also the d1￿clOr$ for the purpos& of company law, and who served during th& year and up lo the date of signature of the financial slalemenls weTe= P Reid J Rogers L Tully M McRae G Smith R Sallw C D 81ack H Kendall B Smith J Lord J McGarry Wlliams (Resigned 4 April 2021) (Resigned 23 November 20201 (Résigned 23 June 20201 (Appointed 12 Oclobei 20201 (Appointed 12 October 20201 IAppointed 12 October 2020} IAppoinled 26 April 2021) {Appointed 12 October 2020 Local Authority membership of the Board of TNstees is limited lo a maximum of 50% of Ihe lolas number of Trustees to avoid controlled company slalus. The Trustees of the Charity have control of Ihe Charity and ils properly and funds. All Tiustees are by vlrtue of their appointment also mem1￿r$ of the Charity and no other person other than a Trustee may be admilled as a Member of the Charity. None ol the Trustees has any beneficial interest in the company. In the event of the dissolution of the Charity, tha direcloTs are liable to pay an amount not exceeding £10 towards the liabilities and costs of dissolution. The Board can have a maximLtm ol tWe￿e trustees al any one lime. Al the end of the year Board membership is at eight members with active recruilmenl ongoing to fill skill gaps. Day lo day responsibility foi the administration and proviS￿n of services is delègated to the Chief Execulivo Officer. During the year 202012021 the Finan￿, Audit and Risk Commi118e has continued to support and underpin Ihe work of the Board focusing specifically on the details of finance, risk. policies and audit. There are now three trustees on this group. Docusign En¥ÈlopÈ ID". 922C5A91-D6774C67-983E-A98E2E88F2B9 YORKSHIRE SPORT FOUNDATION TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 Diversity and Inclusivlty Our Board members and employees sliongly believe that we should be operating to the highest slantjards of corporate governance, equality and Iransparency. This is not about licking boxes for the sake of it, bul is a genuine commilm&nt lo do the right thing. As part of this, and as a minimum, we will adhere lo Sport England's highest tier ot the Code for Sports Governance along wilh achieving the relevant Safegltsarding, Eqully and Quality Standards. Yorkshire Sport Foundation is committed lo eliminating discrlminalion and encouraging diveTSily and inclusion within our workForGe, in Ihe partnerships we support and in the delivery of high quality sporting activities and programmes. We oppose all fomis of unlawful and unfair discrimination including direct and indirect disGrimination, har8ssment. bullying and viclimisalion. We recognise our legal obligations and will abide by the requirements of all relevant legislation. Al the heart of this is our commitment lo equality and diversity that is reflected in the Board diversity policy. We mu8t start al the highest level within the Board room. We re¢o9nise and embrace the benefits of having a diverse Board, and see increasing diversity al Board level as an essential element lo achieve our slated aims and objectives. Atruly diverse Board will in¢lL¢de and make good use of differences in the skills, experience, background, race. gender 2nd other qualities of Twslees. We are commilled lo progressing lowaTds achieving gendèr parity and greater diversity generally on our Board. including, bul not limited lo, Black, Asian. minority ethnic IBAMEI diversity and disability. As reflection of this Gommitment we wi11 achieve and maintain a minimum of 30% of either gender. These differences will bo considered in determining the makeup of the Board and be balanced appropriately whenever possible. All Board appointments are made on merit, in the conl@xl of the skills and expérien required lo fulfil its iesponsibilities. To ensufft thése standards are achieved an action plan has bean devised. This action plan is on track and Ihe achievements can be seèn on our website. Related Parties None of the Trustees receive remuneration or other benafit from their work with Yort1- 80,000 During the y@ar. defined contribution pension contributions lolalling £10,36512020.. £10.2461 were made on behalf of these staff. 10 Taxation As a charity the company is exempt from tax on incom¥ falling wllhin part11 of the Corporation Tax Act 2010 and on gains falling within s256 of the Taxal￿n of Chargeablé Gains Act 1992 to the exlenl that these aré applied to ils charitable objectThies. No lax charges have arisen in the charity. Defined contributlon ￿nsIOn soheme The Charity operates a defined conlrilyjtion pension scheme. The pension cost ¢h8rged for the period repiesenls contributions payable by Ihe charity lo Ihe scheme and amounted to £84,97512020 £82,901). There were no outstanding or prepaid contributions at either the beginning or end of the financial year. 24- Docusign En¥ÈlopÈ ID". 922C5A91-D6774C67-983E-A98E2E88F2B9 YORKSHIRE SPORT FOUNDATION NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI FOR THE YEAR ENDED 31 MARCH 2021 12 Tangible fixed assets Computers Cost Al l April 2020 11,781 Al 31 March 2021 11.781 Depreciatlon and Impairment Al l April 2020 Depreciation Charged in the year 327 3,927 Al 31 March 2021 4,254 Carrying amount At 31 March 2021 7,527 At 31 March 2020 11,454 13 Flxed asset invgstments Unlisted investments Cost orvaluation At 1 April 2020 Additions At 31 March 2021 Carrying #mount Al 31 March 2021 At 31 March 2020 -25- Docusign En¥ÈlopÈ ID". 922C5A91-D6774C67-983E-A98E2E88F2B9 YORKSHIRE SPORT FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 14 Subsidiarles Nama of undertaking and country of Natur& of busine58 Class of 'h Held incorporation or residency sharehol ding Direct Yotkshire Sport Plus Limited England SportsA¢livities Ordinary loo.00 The aggregate capital and reserves and the resull for the year ot subsidiaries was as follows.. Name of undertaking Capital and reservtrs Turnover Expense8 Profltl(Lossl Yorkshire Spoil Plus Limited Cc*Trpany no. 13224876 15 Dgbtors 2021 2020 Amounts falling due wlthln one year. Trade debtors Other debtors Prepayments and accrued income 21,422 11.490 17,009 33,465 2.213 122.479 49,921 158,157 16 Creditor8: amounts falling duè withln one yoar. 2021 2020 Notes Other taxation and soEsal security Deferred income Trade creditotS Accruals 23.649 28,68S 21,600 42,818 22,965 17 24,781 132,760 181,190 116,068 -26- Docusign En¥ÈlopÈ ID". 922C5A91-D6774C67-983E-A98E2E88F2B9 YORKSHIRE SPORT FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 17 Deferred income 2021 2020 Other daferred income 21,600 Deferred Income is included in the financial statements as follows.. 2021 2020 As al 1 April Amount released lo Income Amounts deferred durtng the year 21.600 121.600} 22.550 122,0001 21,600 As al 31 March 21,60Q Grant income has been deferred because the specific criteria attached lo the grant has not been mel al the year end. 18 Member8 Liabllity The Charity is a private company limited by guarantee and consequently does not have a share capital. Each of the members is liable to contribute an amount not exceeding £10 towards the assets of thé ctrArily in the event of liquidation. 27- Docusign En¥ÈlopÈ ID". 922C5A91-D6774C67-983E-A98E2E88F2B9 %r WOOJ(O ID Ln r**0 (N 0> )N 00 ￿ r O W O o t•1 10 U>0 Ln ¢ryC40 N ct) in r Trl MOGJ ) (o 00000 0000 000 I IT) ** ¢0 O O) a) LC) o￿oIn0 Ot7)CO￿o Q)rLTrOr 0(0￿{￿0 ￿{DI￿(DO cri OJ 01 Lf> w) OO¢0￿0 O QS) ￿ Lr) co v) o o(0 ￿CO¢S)¢O 00 (0 ¢0 ¢0 <¢ v) 13) u ￿ 7) iiu) a￿u()¢o (na Docusign En¥ÈlopÈ ID". 922C5A91-D6774C67-983E-A98E2E88F2B9 YORKSHIRE SPORT FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 20 D081gnat&d funds The incotne funds of the charity include the following designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.. BalallGe at l Aprll 2019 ResoutCW6 expBnded Transfers Balan¢e at 1 Aprll 2020 Resourc95 expended Transfers Batanco at 31 March 2021 Contingency Project Development Yoikshire Sport Plus Fixed Asset Fund 275,000 275,000 18,479) 266,521 268,059 {106,668) 77,653 239,044 1103,9901 100,367 235,421 (19,8671 9,867 11,454 11,454 13,9271 7.527 543.059 1106,8681 89,107 525,498 1127,7841 111,755 509,46g 21 Funds Balancg at q Aprll 2020 Incoma Expendlture Transfers Balance at 3q March 2021 Reslricled funds Designated funds Genèral unrestri¢ted fund8 855,289 525,498 2,556,164 {2,28e,1361 1127,7841 8,189 111.755 1,133,506 509,469 262,040 80,260 58,351 1119,9441 280,707 1,642,827 2,836,424 12.355,569) 1,923,682 Balancè at 1 Apri 2019 Income Expondltur& Transfers Balanc6 at 31 March 2020 Restricted funds Designated funds General unrestricted funds 802,216 543,059 2,061,199 12,018,191) (106.6681 10,065 89,107 855.289 525,498 262,714 98,498 (99,172} 262,040 1,607.989 2,159,697 12,124,859} 1,642,827 29- Docusign En¥ÈlopÈ ID". 922C5A91-D6774C67-983E-A98E2E88F2B9 Z5 ¢0 0 (44 o c (o o o)co 7J ¥1 Docusign En¥ÈlopÈ ID". 922C5A91-D6774C67-983E-A98E2E88F2B9 YORKSHIRE SPORT FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 23 Related party transactlons Remunération of key m8nag8ment personnel The remuneration of key management personnel is as follows. 2021 2020 Aggregate compénsation 153,328 160,754 Transactlons with related parties During the year the Charity entered into the followlng transactions with ralgtod parties.. Any connection between a Iruslee or senKJr manager with a related party musl be disclosed lo the Board ol Trustees. During 20121 Yorkshire Cricket Board was paid £nil 119120 £8,000) for the sa1811ile clubs programme. Andrew Walson is a director of Yorkshire Cricket Board as well as being on the t)oard of Yorkshire Sport Foundation until 27 January 2020. During 20121 Ready, Steady, Active was paid £1,675119120 £1,825) for the satellite clubs and mums team programmes, Rashida Salloo is a director of Ready, Steady. Active as well as being on the board ol Yorkshire Sport Foundation. Payments were made in Ilne with the Financial Pro￿dure Rules. 24 Cash generated from operatlons 2021 2020 Surplus for the yèar 280,855 34,838 Adjustments for.. Investment income wognised in statement of financial acliwlies Depreciation and impairment of tangible fixed assets {4.917) 3,927 18.7621 327 Movements in working capital.. DeGreas& in d8btors Increaselldecreasel in creditors (Decrease) in deferred income 108,236 86,722 121,6001 187,742 14,2761 14001 Cash generatod from operations 453,223 189,469 31 Docusign En¥ÈlopÈ ID". 922C5A91-D6774C67-983E-A98E2E88F2B9 YORKSHIRE SPORT FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 25 Analysls of changes in net funds Thè Charity had no debt during the year. 26 Annual Accounts In¢omÉ Expenditure 2,636,424 {2,355,5691 Sport England Local Authority Non-public Total Revenue and grants Sponsorship Other income 2,325,770 98.400 160,694 2,584.864 51.560 51,560 Total income 2,325,770 98.400 212,254 2,636,424 Support costs Staff costs Sports and acliviti8s Training 69,372 1,133,403 656.333 28,405 72,463 284,591 12.802 97.777 1,304,266 940,924 12,602 98.400 Total Expènditure 1,859,108 98,400 398,061 2,355.569 Net Income 466.662 (185,8071 280,855