2022-06-30-accounts - Fleetwood Town Community Trust

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			Page
Report ofthe Trustees		1	to	5
Independent Examiner's	Report
Statement ofFinancial Activities
Balance Sheet
Cash Flow Statement
Notes to the Cash Flow	Statement		10
Notes to the Financial Statements		11 to		16
Detailed Statement ofFinancial Activities			17

		for	the Year	Ended 30June 2	022
						30.6.22	30.6.21
				Unrestricted	Restricted	Total	Total
				fund	fund	funds	funds
			Notes
INCOME AND ENDOWMENTS		FROM
Football League funding					122,152	122,152	117,962
Other communitY activities				810,618		810,618	570,251
Total				810,618	122,152	932,770	688,213
EXPENDITURE ON
Charitable activities
Provision offootball acfivities				703,498	90,876	794,374	479,907
NET INCOME				107,120	31,276	138,396	208,306
RECONCILIATION	OF FUNDS
Total funds brought	forward			263,613	257,806	521,419	313,113
TOTAL FUNDS CARRIED FORWARD				370,733	289,082	659,815	521,419

Flee	twood Town Communl Tr	twood Town Communl Tr	ust
	Balance Sheet
	30	June 2022
				30.6.22	30.6.21
		Unrestricted	Restricted	Total	Total
		fund	fund	funds	funds
	Notes				f.
FIXED A.SSKTS
Tangible assets		4,096		4,096	2,995
CURRENT ASSETS
Debtors	10	68,556		68,556	23,877
Cash at bank		341,186	289,082	630,268	565,753
		409,742	289,082	698,824	589,630
CREDITORS
Amounts falling due within one year	11	(43,105)		(43,105)	(71,206)
NET CURRENT ASSETS		~366637	289,082	655,719	518,424
TOTAL ASSETSLESSCURRENT
LIABILITIES		370,733	289,082	659,815	521,419
NKT ASSETS		370,733	~289 082	659,815	521,419
FUNDS	12
Unresnicted funds				370,733	263,613
Restricted funds				289,082	257,806
TOTAL FUNDS				659,815	521,419

			Fleetwood Town Communi	Trust
			Cash Flow Statement
			for the Year Ended 30June 2022
				30.6.22	30.6.21
			Notes
Cash flows from operating	activities
Cash generated from operations				67,904	244,684
Net cash provided by operating		activities		67,904	244,684
Cash tlows from investing	activities
Purchase oftangible fixed assets				3,389	5,522
Net cash used in investing	activities			~3,389)	~5,522)
Change in cash and cash	equivalents		in
the reporting period				64,515	239,162
Cash and cash equivalents	at the
beginning ofthe reporting	period			565,753	326,591
Cash and cash equivalents	at	the end	of
the reporting period				630,268	~565 753

				N t to the ash Flow Statement for the Year Ended 30June 2022	N t to the ash Flow Statement for the Year Ended 30June 2022
	RECONCILIATION			OF NET INCOME TO NET CASH FLOW FROM		OPERATING ACTIVITIES
						30.6.22	30.6.21
	Net income for the		reporting		period (as per the Statement ofFinancial
	Activities)					138,396	208,306
	Adjustments	for:
	Depreciation	charges				2,289	5,889
	(Increase)/decrease		in	debtors		(44,679)	17,115
	(Decrease)/increase		in	creditors		~28, 102	13,374
	Net cash provided		by	operations		67,904	~244 684
2.	ANALYSIS	OF CHANCES			IN NET FUNDS
					At 1.7.21	Cash flow	At 30.6.22
						I
	Net cash
	Cash at bank				565,753	64,515	630,268
					~565 753	64,515	~630268
	Total				565,753	64,515	~630 268

			Fle	ehveod Town Communi	Trust
			Notes	to the Financial Statements	- continued
				for the Year Ended 30June	2022
2.	DONATIONS	AND LEGACIES
						30.6.22	30.6.21
	Football league funding					122,152	117,962
3.	OTHER COMMUNITY		ACTIVITIES
						30.6.22	30.6.21
	Community income					334,045	226,696
	Education and	training				224,473	194,311
	School events					252,100	149,244
						~810618	~570 251
4.	CHARITABLE ACTIVITIES COSTS
						Support
					Direct	costs (see
					Costs	note 5)	Totals
							f.
	Provision offootball activities				680,239	114,135	794374
5.	SUPPORT COSTS
							Governance
							costs
	Provision offootball activities						114,135
6.	NET INCOME/(EXPENDITURE)
	Net income/(expenditure)		is stated	after charging/(crediting):
						30.6.22	30.6.21 f
	Depreciation	- owned assets				2,288	5,889
	TRUSTEES'	REMUNERATION		AND BENEFITS

.	STAFF COS	TS
						30.6.22	30.6.21
	Wages and salaries					449,436	294,024
	Social security	costs				33,330	27,914
	Other pension	costs				7,850	4,124
						~490616	326,062
	The average monthly		number ofemployees		during the year was as follows:
						30.6.22	30.6.21
						21	21
	No employees	received emoluments		in excess off60,000.
9.	TANGIBLE	FIXED	ASSETS
					Plant and	Computer
					machinery	equipment	Totals f
	COST
	At 1 July 2021				17,453	15,373	32,826
	Additions					3,389	3,389
	At 30June 2022				17,453	18,762	36,215
	DEPRECIATION
	At 1 July 2021				15,005	14,826	29,831
	Charge for year				612	1,676	2,288
	At 30June 2022				15,617	16,502	32,119
	NET BOOK	VALUE
	At 30June 2022				1,836	2,260	4,096
	At 30June 2021					547	2,995
10.	DEBTORS:	AMOUNTS FALLING DUE WITHIN ONE YEAR
						30.6.22	30.6.21
							I
	Trade debtors					54,087	22,510
	Prepayments	and accrued income				14,469	1,367
						68,556	23,877

	Detailed Statement ofFi for the Year Ended	nancial Activities 30June 2022
		30.6.22	30.6.21
INCOME AND ENDOWMENTS
Donations and	lIegacies
Football league	funding	122,152	117,962
Other trading	activities
Community income		334,045	226,696
Education and training		224,473	194,311
School events		252,100	149,244
		810,618	570,251
Total incoming	resources	932,770	688,213
EXPENDITURE
Charitable activities
Wages		382,985	217,250
Social security		30,196	23,475
Pensions		6,275	3,290
Insurance		1,948
Telephone		708	1,233
Printing, postage &stationery		7,799	1,000
Sundries		3,642
Uniform, kit &equipment		19,195	4,215
Computer &sofhvare costs		12,210
Student costs		22,936
Advertising &	marketing	718	2,904
Coaching &training		84,733	16,410
Transport &travel costs		29,279	1,450
Facility hire		74,561	98,825
Bank charges		765
Plant and machinery		612	816
Computer equipment		~1677	5,073
		680,239	375,941
Support costs
Governance	costs
Wages		66,451	76,774
Social security		3,134	4,439
Pensions		1,575	834
Accountancy	fees	2,370	960
Professional	fees	40 605	20 959
		114,135	103,966
Total resources	expended	794,374	479,907
Net income		138,396	208,306