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|Trustees|||A RLeather||||
|---|---|---|---|---|---|---|
||||E P O' Rourke||||
||||SStorey||||
||||AJ Walker (Chair)||||
||||A C Shipway||||
||||I Hacon||||
||||M Sandys||||
||||APearce Higgins||(Appointed|11June 2020)|
||||D Fedorcio||(Appointed|11June 2020)|
|Key management||personnel|N P Harrison
(Interim CEO)||||
||||A Ledbury||||
|Charity number|||1144600||||
|Company|number||07800542||||
|Registered|office||Sport Park Loughborough|University|||
||||3Oakwood
Drive||||
||||Loughborough||||
||||United
Kingdom||||
||||LE113QF||||
|Auditor|||Hafnes Watts||||
||||Suite G02Aston Court||||
||||Kingsmead
Business Park||||
||||Frederick Place||||
||||High Wycombe||||
||||Bucklnghamshire||||
||||United Kingdom||||
||||HP11 1JU||||
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|---|---|---|---|
|Trustees'|report||1-9|
|Statement|oftrustees'|responsibilities|10|
|Independent
auditor's||report|11 - 14|
|Statement|offinancial|activities|15|
|Balance sheet|||16|
|Statement|ofcash flows|||
|Notes to|the financial|statements|16-26|
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||||Unrestricted|Restricted|Total Unrestricted|Total Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|---|
||||funds|funds||funds|funds||
||||2021|2021|2021|2020|2020|2020|
|||Notes|6|6|f|6|6|6|
|Igggmdfgm;
Grants and donations||3|424,999|299,529|724,528|395,000|41,736|436,736|
|Other trading
activities||5|139,519||139,519|152,969||152,969|
|Investments||6|511||511|1,300||1,300|
|Total income|||565,029|299,529|864,558|549,269|41,736|591,005|
|Emgtt(III~II;
Charitable
activities||7|461,677|303,857|765,534|529,480|41,736|571,216|
|Net Incomingl|||||||||
|(outgoing) resources
before transfers|||103,352|(4,328)|99,024|19,789||19,789|
|Gross transfers|||||||||
|between
funds|||(6,619)|6,619|||||
|Net income for|the yesrl||||||||
|Net movement|In funds||96,733|2,291|99,024|19,789||19,789|
|Fund balances at 1|||||||||
|April 2020|||378,190||378,190|358,401||358,401|
|Fund balances|at 31||||||||
|March 2021|||474,923|2,291|477,214|378,190||378,190|
##
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||||2021||2020||
|---|---|---|---|---|---|---|
|||Notes|6||6||
|Current assets|||||||
|Debtors||13|71,821||53,777||
|Cash at bank and In|hand||548,028||450,727||
||||619,849||504,504||
|Creditors: amounts|falling due within||||||
|one year||14|(142,635)||(126,314)||
|Net current assets||||477,214||378,190|
|Income funds|||||||
|Restricted funds||||2,291|||
|Unrestricted
funds||||474,923||378,190|
|||||477,214||378,190|
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||||||2021||2020||
|---|---|---|---|---|---|---|---|---|
|||||Notes|f||f||
|Cash flows from operating||activities|||||||
|Cash generated
from/(absorbed
operations|||by)|18||96,790||(58,206)|
|Investing
activities|||||||||
|Interest received|||||511||1,300||
|Net cash generated
from
activities|investing|||||511||1,300|
|Net Increase/(decrease)
equivalents|In|cash and cash||||97,301||(56,906)|
|Cash and cash equivalents||at|beginning|ofyear||450,727||507,633|
|Cash and cash equivalents|||at end ofyear|||548,028||450,727|
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|3|Grants|and donations|||||||
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total|Total|
||||||funds|funds|2021|2020|
||Grants received||||424,999|299,529|724,528|436,736|
||Forthe|year ended 31 March||2021|424,999|299,529|724,528||
||For the|year ended 31 March||2020|395,000|41,736||436,736|
||Grants|receivable for core|activities||||||
||Sport England
Core||||275,000||275,000|275,000|
||Primary|Premium|||99,999||99,999|100,000|
||External|Board Evaluation||||||41,736|
||Local Trust|||||6,141|6,141||
||Schools|Project|||50,000||50,000|20,000|
||The National
Lottery Community|||Fund||35,000|35,000||
||London|Marathon
Charitable|Trust|||258,388|258,388||
||||||424,999|299,529|724,528|436,736|
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||||||Unrestricted|Unrestricted|
|---|---|---|---|---|---|---|
||||||funds|funds|
||||||2021|2020|
||||||E|F|
||Trading
activity income||||29,182|54,624|
||Membership|subscrlptions|and sponsorships|which are in substance a payment|||
||for goods and services||||110,337|98,345|
||Other trading|activities|||139,519|152,969|
|6|Investments||||||
||||||Unrestricted|Unrestricted|
||||||funds|funds|
||||||2021|2020|
||||||6|F|
||Interest receivable||||511|1,300|
|7|Charitable
activities||||||
||||||2021f|2020|
||Staff costs||||248,691|252,080|
||Direct costs||||375,500|167,700|
||||||624,191|419,780|
||Support costs (see note||8)||136,093|146,191|
||Governance|costs (see note 8)|||5,250|5,245|
||||||765,534|571,216|
||Analysis
by|fund|||||
||Unrestricted|funds|||461,677|529,480|
||Restricted funds||||303,857|41,736|
||||||765,534|571,216|
##
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|||Support|Governance|2021|2020|
|---|---|---|---|---|---|
|||costs|costs|||
|||f|f|||
|Staff costs||114,945||114,945|113,827|
|Administrative|support|3,339||3,339|5,262|
|Travel expenses||226||226|23,668|
|Publications|and subscriptions|515||515|1,506|
|insurance||4,417||4,417|4,444|
|Software and|licence fees|7,575||7,575|5,731|
|Promotional|material|825||825|2,489|
|VAT patdl (recovered) on support costs||1,118||1,118|(11,383)|
|Professional|fees|3,133||3,133|298|
|Business development|||||349|
|Audit fees|||5,250|5,250|5,245|
|||136,093|5,250|141,343|151,436|
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|Allocation|of Income and expenditure||||||
|---|---|---|---|---|---|---|
|||||||2021|
|||Sport|Other public||Non-public|Total|
|||England|sector income||sector||
||||||income||
|Revenue grants||424,999|35,000|||459,999|
|Membership
income|||||101,295|101,295|
|Convention|||||2,573|2,573|
|Other income|||||300,691|300,691|
|Total income||424,999|35,000||404,559|864,558|
|Staff costs|(incl travel and training)|313,326|5,984||26,787|346,097|
|Marketing|and communication|2,881|||2,027|4,908|
|Improvement
and development||55,540||||55,540|
|Convention|||||4,900|4,900|
|Projects||21,010|29,016||277,381|327,407|
|Overheads|and support costs|24,142|||2,540|26,682|
|Total expenditure||416,899|35,000||313,635|765,534|
|||8,100|||90,924|99,024|
|Allocation|of Income and expenditure||||||
|||||||2020|
|||Sport England||Non-public||Total|
||||||sector||
||||||income||
|Revenue
grants|||436,736|||436,736|
|Membership
income|||||98,345|98,345|
|Convention|||||28,291|28,291|
|Other income|||||27,633|27,633|
|Total income|||436,736||154,269|591,005|
|Staff costs|(inci travel and training)||289,326||102,199|391,525|
|Marketing|and communication||8,190||2,893|11,083|
|Improvement
and development|||21,705||7,667|29,372|
|Convention|||||53,456|53,456|
|Projects|||45,036||20,507|65,543|
|Overheads|and support costs||14,955||5,282|20,237|
|Total expenditure|||379,212||192,004|571,216|
||||57,524||(37,735)|19,789|
##
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|Number ofemployees
The average
monthly
head count was 6 (2020:6)and
employees
(including
casual and part-time
staff) during|the average
monthly
number offull-time
the year was as follows:|equivalent|
|---|---|---|
||2021|2020|
||Number|Number|
|Direct charitable employees|||
|Financial|||
|Employment
costs|2021|2020|
||6|E|
|Wages and salaries|277,243|276,174|
|Social security costs|25,569|26,594|
|Other pension costs|60,824|63,139|
||363,636|365,907|
||The number o|femployees
whose annual
remuneration
was F|60,000 or more were:||
|---|---|---|---|---|
||||2021|2020|
||||Number|Number|
||660,000 - 670,000||1|1|
||670,000 - F80,000||1|1|
|13|Debtors||||
||||2021|2020|
||Amounts
falling due within one year:||6|E|
||Trade debtors||6,185|28,569|
||Other debtors|||3,942|
||Prepayments|and accrued income|65,636|21,266|
||||71,821|53,777|
##
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|Creditors: amounts
falling due within one year|||
|---|---|---|
||2021|2020|
|Other taxation and social secudty|14,633|8,159|
|Deferred income|77,200|43,266|
|Trade creditors|15,820|67,891|
|Other creditors|468|1,342|
|Accruals|34,514|5,656|
||142,635|126,314|
##
|Analysis of|net assets between funds|||||
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|||
|||2021|2021|2021|2020|
|||f||6||
|Fund balances at 31 March 2021 are||||||
|represented|by:|||||
|Current assets||474,923|2,291|477,214|378,190|
|||474,923|2,291|477,214|378,190|
##
##
|18|Cash generated
from|Cash generated
from|operations|operations||||2021|2020|
|---|---|---|---|---|---|---|---|---|---|
||||||||||K|
||Surplus for|the year||||||99,024|19,789|
||Adjustments|for:||||||||
||Investment|income recognised||in|statement|offinancial|activities|(511)|(1,300)|
||Movements|in working|capital:|||||||
||(Increase)|in debtors||||||(18,044)|(8,087)|
||(Decrease)|in creditors||||||(17,613)|(70,208)|
||Increase
in|deferred
income||||||33,934|1,600|
||Cash generated
from/(absorbed||||by) operations|||96,790|(58,206)|