| Conten ofthe Financial Statements |
|||
|---|---|---|---|
| for the Year Ended 30June 2023 | |||
| Page | |||
| Report ofthe Trustees | 1 | to | 6 |
| Independent Examiner's Report |
|||
| Statement ofFinancial Activities | |||
| Balance Sheet | 9 | te | 10 |
| Cash Flow Statement | |||
| Notes to the Cash Flow Statement | 12 | ||
| Notes to the Financial Statements | 13 | te | 19 |
| Detailed Statement ofFinancial Activities | 20 | te | 21 |
| fo | r the Year | Ended 30June 20 | 23 | ||||
|---|---|---|---|---|---|---|---|
| 30.6.23 | 30.6.22 | ||||||
| Unrestricted | Restricted | Total | Total | ||||
| funds | funds | funds | funds | ||||
| Notes | |||||||
| INCOME AND ENDOWMENTS | FROM | ||||||
| Charitable activities |
|||||||
| Provision offootball | activities | 43,701 | 552,409 | 596,110 | 552)936 | ||
| Other trading activities |
360,121 | 360)121 | 354,516 | ||||
| Total | 403,822 | 552)409 | 956431 | 907,452 | |||
| EXPENDITURE ON | |||||||
| Charitable activities |
|||||||
| Provision offootball | activities | 423,598 | 550,588 | 974,186 | 823454 | ||
| NET INCOME/(EXPENDITURE) | (19,776) | 1,821 | (17,955) | 84,198 | |||
| Transfers between funds |
12 | 234,168 | (234,168) | ||||
| Net movement in funds |
214,392 | (232,347) | (17,955) | 84,198 | |||
| RECONCILIATION | OF FUNDS | ||||||
| Total funds brought | forward | 341,853 | 263,764 | 605,617 | 521,419 | ||
| TOTAL FUNDS CARRIED FORWARD | 556,245 | 31,417 | 587,662 | 605,617 |
| Balance Sheet | Balance Sheet | ||||
|---|---|---|---|---|---|
| 30 | June 2023 | ||||
| 30.6.23 | 30.6.22 | ||||
| Unrestricted | Restricted | Total | Total | ||
| funds | funds | funds | funds | ||
| Notes | 5 | ||||
| FIXEDASSETS | |||||
| Tangible assets | 9 | 5,747 | 5,747 | 4,096 | |
| CURRENT ASSETS | |||||
| Debtors | 10 | 71,263 | 71,263 | 68,556 | |
| Cash at bank | 509,810 | 31,418 | 541428 | 630,268 | |
| 581,073 | 31,418 | 612,491 | 698,824 | ||
| CREDITORS | |||||
| Amounts falling due within one year |
11 | (30,576) | (30,576) | (97,303) | |
| NET CURRENT ASSETS | 550,497 | 31,418 | 581,915 | 601&521 | |
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | 556244 | 31,418 | 587Ji62 | 605,617 | |
| NKT ASSETS | 556,244 | 31,418 | 587/62 | 605,617 | |
| FUNDS | 12 | ||||
| Unrestricted funds |
556,244 | 341,853 | |||
| Restricted funds | 31,418 | 263,764 | |||
| TOTAL FUNDS | 587,662 | 605,617 |
| Cash Flow Statement | ||||||
|---|---|---|---|---|---|---|
| for the Year Ended 30June 2023 | ||||||
| 30.6.23 | 30.622 | |||||
| Notes | ||||||
| Cash flows from | operating | activities | ||||
| Cash generated | from operations | (84,720) | 67,904 | |||
| Net cash (used in)/provided | by operating | activities | (84,720) | 67,904 | ||
| Cash flows from | investing | activities | ||||
| Purchase oftangible fixed | assets | (4,320) | (3,389) | |||
| Net cash used in | investing | activities | (4,320) | (3489) | ||
| Change in cash and cash equivalents |
in the | |||||
| reporting period |
(89,040) | 64,515 | ||||
| Cash and cash equivalents | at the beginning | |||||
| ofthe reporting | period | 630,268 | 565,753 | |||
| Cash and cash equivalents | at the end | ofthe | ||||
| reporting period |
541,228 | 630868 |
| for the Year Ended 30Jun | for the Year Ended 30Jun | for the Year Ended 30Jun | e 202 | |||||
|---|---|---|---|---|---|---|---|---|
| RECONCILIATION | OF | NET (EXPENDITURE)/INCOME | TO NET CASH | FLOW FROM | ||||
| OPERATING ACTIVITIES | ||||||||
| 30.6.23 | 30.6.22 | |||||||
| Net (expenditure)/income | for the reporting | period (as per the | Statement | |||||
| ofFinancial Activities) | (17,955) | 84,198 | ||||||
| Adjustments for: |
||||||||
| Depreciation charges |
2,669 | 2,289 | ||||||
| Increase in debtors | (2)707) | (44&679) | ||||||
| (Decrease)/increase in |
creditors | (66,727) | 26,096 | |||||
| Net cash (used in)/provided | by operations | (84,720) | 67,904 | |||||
| 2. | ANALYSIS OF CHANGES | IN NET FUNDS |
| ANALYSIS OF CHANGES IN NET F | UNDS | ||
|---|---|---|---|
| At 1.7.22 | Cash flow | At 30.6.23 | |
| I | |||
| Net cash | |||
| Cash at bank | 630,268 | (89,040) | 541,228 |
| 630,268 | (89,040) | 541,228 | |
| Total | 630,268 | (89,040) | 541,228 |
| OTHER TRADING ACTI | VI | TIES | |||
|---|---|---|---|---|---|
| 30.6.23 | 30.622 | ||||
| Community income |
208885 | 183,006 | |||
| Education snd training | 1,910 | 342 | |||
| Sponsorships | 1,000 | ||||
| School events | 148,926 | 171,168 | |||
| 360,121 | 354,516 | ||||
| INCOME FROM CHARITABLE ACTIVITIES | |||||
| 30.6.23 | 30.6.22 | ||||
| Activity | f. | ||||
| Grants | Provision offootball activities | 596,110 | 552,936 | ||
| Grants received, included |
in the above, are as follows: | ||||
| 30.6.23 | 30.6.22 | ||||
| League football Funding BTECLearners | 127,030 | 142,412 | |||
| University South Wales |
36,550 | 51,250 | |||
| Find Your Future | 4,995 | 9,990 | |||
| Hesdstsrt | 28,900 | 28)491 | |||
| Bursary | 6,910 | 19,678 | |||
| National Citizen Service |
68,652 | 96,833 | |||
| Joy ofMovement | 5,581 | 10490 | |||
| Premier League | 109,500 | 54,000 | |||
| Lancashire Constabulary |
10,000 | ||||
| Street Games UK | 19,824 | ||||
| Grantscape Funding (Wslney |
Island) | 19,094 | 14,880 | ||
| Wyre Borough Council - Try | Sport | 29,680 | 36,950 | ||
| National Lottery Community |
Fund | 52,320 | 10,938 | ||
| NHS Cost ofLiving Grant | 5,880 | ||||
| Armed Forces Grant | 12)700 | ||||
| Charitable Trust Grant |
5,000 | ||||
| ESFCommunity Grant |
9,794 | ||||
| League Football Core Funding | 43,700 | 45,780 | |||
| The Henry Smith Foundation | 141650 | ||||
| Edge Hill University | 1)000 | ||||
| University ofBolton |
750 | ||||
| School Support - Fleetwood High school and Myerscough | College | 14,944 | |||
| 596,110 | 552,936 |
| 4. | CHARITABLE ACTIVITIES COSTS | CHARITABLE ACTIVITIES COSTS | CHARITABLE ACTIVITIES COSTS | CHARITABLE ACTIVITIES COSTS | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Support | ||||||||||
| Direct | costs (see | |||||||||
| Costs f, |
note 5) | Totalsf | ||||||||
| Provision offootball activities | 914,667 | 59,519 | 974,186 | |||||||
| 5. | SUPPORT COSTS | |||||||||
| Governance | ||||||||||
| costs | ||||||||||
| 8 | ||||||||||
| Provision offootball activities | 59,519 | |||||||||
| 6. | NET INCOME/(EXPENDITURE) | |||||||||
| Net income/(expenditure) | is stated after charging/(crediting): | |||||||||
| 30.6.23 | 30.6.22 | |||||||||
| Depreciation - owned assets |
2,669 | 2488 | ||||||||
| 7. | TRUSTEES' REMUNERATION | AND | BENEFITS | |||||||
| There were no trustees' | remuneration | or other benetits for the year ended 30June 2023 nor for the year | ||||||||
| ended 30June 2022. | ||||||||||
| Trustees' expenses |
||||||||||
| There were no trustees' | expenses | paid | for the year ended 30June 2023 nor for | the year ended | 30 June 2022. | |||||
| STAFF COSTS | ||||||||||
| 30.6.23 | 30.6.22 | |||||||||
| Wages and salaries | 661,840 | 449,435 | ||||||||
| Social security costs | 27,673 | 33430 | ||||||||
| Other pension costs | 4,373 | 7,850 | ||||||||
| 693,886 | 490,615 | |||||||||
| The average monthly number of |
employees | during | the year | was as follows: | ||||||
| 30.6.23 | 30.6.22 | |||||||||
| Staff | 31 | 21 | ||||||||
| No employees received |
emoluments | in | excess of560,000. |
| for the Year Ended 30June 20 | 23 | |||
|---|---|---|---|---|
| TANGIBLE FIXED ASSETS | ||||
| Plant aad | Computer | |||
| machinery | equipment | Totals | ||
| 8 | 8 | |||
| COST | ||||
| At IJuly 2022 | 17,453 | 18)762 | 36)215 | |
| Additions | 4,320 | 4,320 | ||
| At 30June 2023 | 21,773 | 18,762 | 40,535 | |
| DEPRECIATION | ||||
| At IJuly 2022 | 15,617 | 16,502 | 32,119 | |
| Charge for year | 1,539 | 1,130 | 2,669 | |
| At 30June 2023 | 17,156 | 17,632 | 34,788 | |
| NKT BOOK VALUE | ||||
| At 30June 2023 | 4,617 | 1,130 | 5,747 | |
| At 30June 2022 | 1,836 | 2,260 | 4,096 | |
| 10. | DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 30.6.23 | 30.6.22 | |||
| 8 | ||||
| Trade debtors | 67,892 | 54,087 | ||
| Prepayments and accrued income |
3,371 | 14,469 | ||
| 71&263 | 68,556 | |||
| 11. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 30.6.23 | 30.6.22 | |||
| 6 | ||||
| Trade creditors | 17,122 | 29,750 | ||
| Social security and other taxes | 10,227 | 9,497 | ||
| Accruals and deferred income | 3)227 | 58,056 | ||
| 30,576 | 97403 |
| 12. | MOVEMENT IN FUNDS | |||||
|---|---|---|---|---|---|---|
| Net | Transfers | |||||
| movement | between | At | ||||
| At 1.7.22 | in funds | funds | 30.6.23 | |||
| Unrestricted funds |
||||||
| General fund | 341,853 | (106,113) | (6,127) | 229,613 | ||
| Schools Fund | (29,122) | 29,402 | 280 | |||
| Community Funding |
115,458 | (114,107) | 1,351 | |||
| Community Hub Designated |
Fund | 325,000 | 325,000 | |||
| 341,853 | (19,777) | 234,168 | 556)244 | |||
| Restricted funds | ||||||
| Restricted Funds | 263,764 | (42,177) | (190,169) | 31,418 | ||
| Education Funding | 43,999 | (43,999) | ||||
| 263)764 | 1,822 | (234,168) | 31,418 | |||
| TOTALFUNDS | 605,617 | (17,955) | 587,662 | |||
| Net movement in funds, included |
in the above are as follows: | |||||
| Incoming | Resources | Movement | ||||
| resources | espeaded | in funds | ||||
| 8 | ||||||
| Unrestricted funds |
||||||
| General fund | 44,700 | (150,813) | (106,113) | |||
| Schools Fund | 146,667 | (175,789) | (29,122) | |||
| Community Funding |
212,454 | (96,996) | 115,458 | |||
| 403,821 | (423,598) | (19,777) | ||||
| Restricted funds | ||||||
| Restricted Funds | 68,652 | (110,829) | (42,177) | |||
| Education Funding | 182,710 | (138,711) | 43,999 | |||
| School Funding | 30,581 | (30,581) | ||||
| Community Funding |
270,467 | (270,467) | ||||
| 552,410 | (550)588) | 1,822 | ||||
| TOTAL FUNDS | 956,231 | (974,186) | (17,955) |
| Net | ||||||
|---|---|---|---|---|---|---|
| movement | At | |||||
| At 1.7.21 | in funds | 30.6.22 | ||||
| Unrestricted funds |
||||||
| General fund | 263,613 | 78,240 | 341,853 | |||
| Restricted funds | ||||||
| Restricted Funds | 257,806 | 5,958 | 263,764 | |||
| TOTAL FUNDS | 521,419 | 84,198 | 605,617 | |||
| Comparative net movement |
in funds, included | in the above are | as follows: | |||
| Incoming | Resources | Movement | ||||
| resources | expended | in funds | ||||
| f, | ||||||
| Unrestricted funds |
||||||
| General fund | 810,619 | (732,379) | 78,240 | |||
| Restricted funds | ||||||
| Restricted Funds | 96,833 | (90,875) | 5,958 | |||
| TOTAL FUNDS | 907,452 | (823,254) | 84,198 | |||
| A current year 12 months | and prior year 12months combined | position isas | follows: | |||
| Net | Transfers | |||||
| movement | between | At | ||||
| At 1.7.21 | in funds | funds | 30.6.23 | |||
| I | ||||||
| Unrestricted funds |
||||||
| General fund | 263,613 | (27,873) | (6,127) | 229,613 | ||
| Schools Fund | (29,122) | 29,402 | 280 | |||
| Community Funding |
115,458 | (114,107) | 1,351 | |||
| Community Hub Designated |
Fund | 325,000 | 325,000 | |||
| 263,613 | 58,463 | 234,168 | 556,244 | |||
| Restricted funds | ||||||
| Restricted Funds | 257J)06 | (36,219) | (190,169) | 3Irti8 | ||
| Education Funding |
43,999 | (43,999) | ||||
| 257&806 | 7&780 | (234&168) | 31rtI8 | |||
| TOTAL FUNDS | 521,419 | 66,243 | 587,662 |
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| Unrestricted funds |
|||
| General fund | 855,319 | (883)192) | (27,873) |
| Schools Fund | 146,667 | (175,789) | (29,122) |
| Community Funding |
212,454 | (96,996) | 115,458 |
| Restricted funds | 1,214,440 | (1,155,977) | 58,463 |
| Restricted Funds | 165,485 | (201,704) | (36,219) |
| Education Funding | 182,710 | (138,711) | 43,999 |
| School Funding | 30,581 | (30,581) | |
| Community Funding |
270,467 | (270,467) | |
| 649443 | (641,463) | 7,7SO | |
| TOTAL FUNDS | 1,863,683 | (1,797,440) | 66)243 |
| Fleetwood | Town Communi | Trust | |||
|---|---|---|---|---|---|
| Detailed Statement ofFinancial | Activities | ||||
| for the | Year Ended 30June 2023 | ||||
| 30.6.23 | 30.6.22 | ||||
| INCOME AND ENDOWMENTS | |||||
| Other trading activities |
|||||
| Community income |
208,285 | 183,006 | |||
| Education and training |
1,910 | 342 | |||
| Sponsorships | 1,000 | ||||
| School events | 148,926 | 171)168 | |||
| 360,121 | 354,516 | ||||
| Charitable activities |
|||||
| Grants | 596,110 | 552)936 | |||
| Total incoming resources |
956,231 | 907,452 | |||
| EXPENDITURE | |||||
| Charitable activities |
|||||
| Wages | 631,508 | 382,984 | |||
| Social security | 37,938 | 30,196 | |||
| Pensions | 3)806 | 6/75 | |||
| Insurance | 1,408 | 1,948 | |||
| Telephone | 1,625 | 708 | |||
| Printing, postage &stationery |
7)015 | 7,799 | |||
| Sundries | 12,665 | 3,642 | |||
| Uniform, kit &equipment | 15,508 | 19,195 | |||
| Computer &software costs | 10,683 | 12,210 | |||
| Student costs | 8,897 | 22,936 | |||
| Advertising & marketing |
2,469 | 718 | |||
| Coaching &training | 17,193 | 84,733 | |||
| Transport &travel costs | 36,777 | 29/79 | |||
| Facility hire | 102,462 | 74,561 | |||
| Subscriptions | 2,459 | ||||
| Bank charges | 3)790 | 765 | |||
| Repairs & renewals | 15,795 | ||||
| Plant and machinery | 1,539 | 612 | |||
| Computer equipment |
1,130 | 1,677 | |||
| 914,667 | 680,238 | ||||
| Support costs | |||||
| Governance costs |
|||||
| Wages | 30,332 | 66,451 | |||
| Carried forward | 30,332 | 66,451 |
| Governance costs |
|---|
| Brought forward |
| Socialsecurity |
| Pensions |
| Accountancy fees |
| Professional fees |
| Total resources expended |
| Net (expenditure)/income |
| Detailed | Statement ofFinancial Activities | ||
|---|---|---|---|
| for | the Year Ended 30June 2023 | ||
| 30.6.23 | 30.6.22 | ||
| 30,332 | 66,451 | ||
| (10465) | 3,134 | ||
| 567 | 1,575 | ||
| 6,314 | 2,370 | ||
| 32,571 | 69,406 | ||
| 59,519 | 143,016 | ||
| 974,186 | 023854 | ||
| (17,955) | S4,198 |