2021-02-28-accounts - Football For Peace Foundation

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

			Page
Report of the Trustees		1	to	4
Independent Examiner's	Report
Statement of Financial	Activities
Balance Sheet		7	to	S
Notes to the Financial Statements		9	to	15
Detailed Statement ofFinancial Activities			16

STATEMENT OF FI FOR THK YEAR EN	NANCIAL ACTIVITI DED 28FEBRUARY	ES 2021
					2021	2020
			Unrestricted	Restricted	Total	Total
			fund	funds	funds	funds
		Notes
INCOME AND ENDOWMENTS FROM Donations and legacies			91,325	25,600	116,925	253,108
Other income
Total			91,325	25,600	116,925	253,110
EXPENDITURE ON
Raising funds			27,426		27,426	15,500
Charitable activities
Project events			83,446		83,446	126,846
Total			110,872		110,872	142,346
NKT INCOME/(EXPENDITURE)			(19,547)	25,600	6,053	110,764
Transfers between funds		13	25,600	(25,600)
Net movement in funds			6,053		6,053	110,764
RECONCILIATION	OF FUNDS
Total funds brought	forward		227,216	(32,600)	194,616	83,852
TOTAL FUNDS CARRIED FOR%'ARD			233269	~32600	200660	194,616

				2021	2020
		Unrestricted	Restricted	Total	Total
FIXEDASSETS	Notes	fund	funds	funds	funds
Tangible assets Investments		340 200,000 200,340		340 200,000 200,340	425 200,000 200,425
CURRENT ASSETS
Debtors Cash at bank		125,621 53,240 178,861		125,621 53,240 178,861	92,915 18,346 111,261
CREDITORS
Amounts falling due within one year	10	(95,932)	(32,600)	(128,532)	(117,070)
NKT CURRENT ASSETS/(LIABILITIES)		82,929	(32,600)	50,329	(5,809)
TOTAL ASSETSLESSCURRENT
LIABILITIES		283,269	(32,600)	250,669	194,616
CREDITORS
Amounts falling due after more than one year	11	(50,000)		(50,000)
NKT ASSETS FUNDS Unrestricted funds	13	233269	~32 600	200,669	194616
Restricted funds TOTAL FUNDS				233,269 ~32,600	227,216 ~32,600)
				200,669	194,616

RAISING FUNDS
Raising donations and	legacies			2021	2020
Support costs				27,426	15,500
NKT INCOME/(EXPENDITURE)
Net income/(expenditure)	is stated after charging/(crediting):
				2021	2020
Depreciation -owned assets				85	106
TRUSTEES' REMUNERATION		AND BENEFITS
There were no trustees'	remuneration	or other benefits for the year ended 28 February		2021 nor for the year ended
29February 2020.
STAFF COSTS				2021	2020
Wages and salaries Social security costs					43,449 856 44,305
The average monthly number ofemployees			during the year was as follows:
				2021	2020
Administration					2
No employees received	emoluments	in excess off60,000.
COMPARATIVKS FOR THE STATEMENT OF FINANCIAL ACTIVITIES
			Unrestricted	Restricted	Total
			fund	funds	funds
INCOME AND ENDOWMENTS Donations and legacies		FROM	195,437	57,671	253,108
Other income Total			195,439	57,671	253,110
EXPENDITURE ON Raising funds			15,500		15,500
Charitable activities Project events			118,623	8,223	126,846

THE YEAR ENDED		connue 28FEBRUARY 2021	connue 28FEBRUARY 2021	connue 28FEBRUARY 2021
COMPARATIVKS		FOR THK STATEMENT OF FINANCIAL ACTIVITIXS -continued
			Unrestricted	Restricted	Total
			fund	funds	funds
Total
			134,123	8,223	142,346
NET INCOME
			61,316	49,448	110,764
Transfers between funds Net movement in funds			99,803 161,119	~99,803 (50,355)	110,764
RECONCILIATION		OFFUNDS
Total funds brought		forward	66097	17755	83 852
TOTAL FUNDS CARRIED FORWARD			227,216	~(32,600	194,616
TANGIBLE FIXED		ASSETS
					Fixtures
					and
					fittings
COST
At 1March 2020 and DEPRECIATION	28 February 2021				1,026
At 1 March 2020
Charge for year					601
At 28 February 2021					85
NET BOOK VALUE					686
At 28 February 2021
At 29February 2020					340
					425

TO THK FINANCIAL STA.TKMENTS -continued HE YEAR ENDED 28FEBRUARY 2021
FIXEDASSET INVESTMENTS		Unlisted
		investments
MARKET VALUE At 1March 2020 and 28 February 2021		200,000
NKT BOOK VALUE At 28 February 2021 At 29February 2020		200,000 200,000
There were no investment assets outside the UK.
DEBTORS:AMOUNTS FALLING DUK WITHIN ONE YEAR	2021	2020
Other debtors Prepayments and accrued income	55,266 70,355 125,621	22,560 70,355 92,915
CREDITORS: AMOUNTS FALLING DUK WITHIN ONK YEAR	2021	2020
Trade creditors Social security and other taxes Net wage control VAT Other creditors	23,967 28,083 605 1,170 74707 128332	15,774 28,179 3,000 910 69207 117070
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONK YEAR	2021	2020
Bank loans (see note 12)	50,000
LOANS
An analysis ofthe maturity ofloans is given below:
	2021	2020
Amounts falling due in more than five years:
Repayable by instalments: Bank loans more 5 yr by instal	50,000

MOVEMENT IN FUNDS
			Net	Transfers
		At 1.3.20	movement in funds	between funds	At 28.2.21
Unrestricted funds
General fund		227,216	(19,547)	25,600	233,269
Restricted funds
London Project FIPIndia TOTAL FUNDS		~32,600 ~32,600) 194,616	25,600 6,053 25,600	(25,600) ~25,600	~32,600) 200,669 ~32,600)
Net movement in funds, included		in the above are as follows:
			Incoming	Resources	Movement
			resources	expended	in funds
Unrestricted funds
General fund			91,325	(110,872)	(19,547)
Restricted funds
London Project			25,600		25,600
TOTAL FUNDS			116925	~110,872	6,053
Comparatives for movement	in	funds
			Net	Transfers
			movement	between	At
		At 1.3.19	in funds	funds	29.2.20
Unrestricted funds
General fund		66,097	61,316	99,803	227,216
Restricted funds
London Project FfP India TOTAL FUNDS		17,755 17,755 83,852	49,448 49,448 110,764	(49,448) (50,355) (99,803)	(32,600) (32,600) 194,616

Comparative net movemen	t in funds, included in th	e above are as follo	ws:
			Incoming	Resources	Movement
			resources	expended	in funds
Unrestricted funds General fund			195,439	(134,123)	61,316
Restricted funds London Project			57,671	(8,223)	49,448
TOTAL FUNDS			253,110	142,346	110,764
A current year 12months	and prior year 12 months	combined position	is as follows:
			Net	Transfers
			movement	between	At
		At 1.3.19	in funds	funds	28.2.21
Unrestricted funds General fund		66,097	41,769	125,403	233,269
Restricted funds London Project FfP India		17,755 17,755	75,048 75,048	(75,048) ~50,355 ~125,403	~32,600) ~32,600)
		83,852	116,817		200,669

A current year 12months and prior year 12 follows:	months combined net movement in fu	nds, included in t	he above are
	Incoming	Resources	Movement
	resources	expended	in funds
Unrestricted funds General fund	286,764	(244,995)	41,769
Restricted funds London Project	83,271	(8,223)	75,048
TOTAL FUNDS	370,035	(253,218)	116,817

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FORTHKYEAR ENDED 28FEBRUARY 2021
	2021	2020
INCOME AND ENDOWMENTS
Donations and legacies GiAs Donations Donated office facilities	104,925 12,000 116,925	80,000 161,108 12,000 253,108
Other income
Bank Interest recieved Total incoming resources	116,925	253,110
EXPENDITURE
Charitable activities Wages Social security Coaching &equipment costs Charitable projects Charity events Donations Project Operator	70,346 6,644 216 4,500 81,706	43,449 856 675 32,538 5,400 258 83,176
Support costs
Management Telephone Postage and stationery Advertising Travel, hotels & subsistence Office rent	679 826 341 1,651 12,000 15,497	1,444 2,218 1,221 28,090 12,000 44,973
Finance Bank charges	29	289
Governance costs Legal and professional fees Consultancy fees Fixtures and fittings	11,555 2,000 85 13,640	13,802 106 13,908
Total resources expended Net income	6 063 110822	110,764 142 346