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2021-03-31-accounts

REGISTERED COMPANY NUMBER: 08000540 (England and Wales) REGISTERED CHARITY NUMBER: 1147342

REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 FOR MERSEYSIDE SPORTS FOUNDATION

Ip's Associates Limited Oscar Ip & Co. Chartered Accountant 23 Argyle Street Liverpool

L1 5BL

MERSEYSIDE SPORTS FOUNDATION

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021

Page
Chairs Foreword 1
Report of the Trustees 2 to 6
Independent Examiner's Report 7
Statement of Financial Activities 8
Balance Sheet 9
Notes to the Financial Statements 10 to 12
Detailed Statement of Financial Activities 13

MERSEYSIDE SPORTS FOUNDATION

CHAIRS FOREWORD FOR THE YEAR ENDED 31 MARCH 2021

Chairs Foreword

A year unlike no other – full of positives & negatives – a year in which we’ve all had to continually learn & adapt and yet through it all the Trustees and staff have not only continued to deliver but in fact strengthen and grow. We has found innovative ways of working, supported each other, supported the communities MSF serves, built new partnerships and strengthened current relationships, whilst also developing a new vision, mission and business plan… A short description of an extraordinary year, which we are proud of …. I am sure you will agree with as you read on.

Merseyside Sports Foundation (MSF) receives the majority of its awards from National Lottery Funds through Sport England. MSF has continued to align with Sport England’s strategy, ‘Towards and Active Nation’, with a key focus on inactive and under-represented groups, looking to impact the lives of the residents of Merseyside. The effects of the pandemic, which affected the UK for the entire 2020/21 financial year, were felt particularly in Merseyside and impacted on many of the communities in our region. Our work has involved rapid development and progress born out of urgent necessity. So, whilst there’s lots we’ll understandably want to move on from, there are many positives worth acknowledging, building on and taking forward with us as we continue to serve Merseyside supporting our vision of empowering Merseyside communities to enhance their lives.

Connection

Innovation

Resilience

All of this was in addition to the “day job” and I’d like to formally thank each and every member of the team for their incredible achievements in the toughest of circumstances. Well done.

John Bell, Chair, Merseyside Sport Foundation

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MERSEYSIDE SPORTS FOUNDATION

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021

The Trustees, who are also Directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2021. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities' issued in March 2005.

Merseyside Sports Foundation (MSF), for the reporting period above, was in its eighth year of operating and has seen a number of milestones achieved. MSF has continued to strengthen its governance, structure, achievements and development of its five trustees and eight members of staff.

Highlighted Successes

During this reporting period MSF has seen some significant new successes. MSF would like to highlight the following:-

 Provided advice, guidance and funding support to a wide and diverse range of community organisations, encouraging local communities to lead a more active lifestyle.

 Improved capacity, skills and knowledge of the workforce across Merseyside. Whilst we have not run any workshops or courses since the pandemic started but have been constantly advertising via Sport Suite and promoting via twitter and facebook. From March 2020 up to April 2021 we have provided opportunities for coaches, clubs, community groups and our followers with 305 workshops/courses and a variety of options from UK Coaching, Club Matters, NCVO, Universities etc with choices like Safeguarding, writing bids, behaviour changes and so much more..

 Successfully extended a funding opportunity to support Mind’s Physical Activity team to become a Hub and be responsible for a Regional Network of sport, physical activity and mental health organisations. We have been working with MSP to influence their research into practice within youth sports which have an impact on young people and the workforce. Research was commissioned to an exercise psychologist and we have gained understanding on experiences of the workforce and perceived barriers to youth participation. This has also informed the need mentioned above - creation of resource is the next phase. The network is also working closely with Greater Sport and Manchester Met University to support university services to connect sport and leisure opportunities with student needs. The youth voice and lived experience of young people and students through this work will be used to shape the networks priorities and approach for this coming year

 Caste Study – Mind Innovation Fund - Phase 1 of "Bounceback" is now complete. 9 girls signed up. 8 finished. Each of the girls were hand delivered a 'Tool Box' with the resources for the programme. They reported meeting us first really helped. There were then 5 weekly, 90 min Zoom sessions. Each week focused on a different aspect of the 5 ways to well being. Each session used journaling, mantras, crafting and basketball drills to support the message we were getting across. The aim was for the girls to develop a relationship with us and each other so they would want to try our new #ball4allgrls sessions. Six of the girls have since attended each of the 3 sessions that have taken place. This pilot has been extremely insightful for Mersey Mavericks and our workforce. It allowed us to test some of the things we thought we knew would make a difference in encouraging girls participation, especially those who are more reluctant due to low self esteem and confidence issues. It has allowed us to kick start a "ball4allgirls ' session and has increased the number of girls taking part in the club. Most of these wouldn't have tried basketball otherwise.

 Within this year, MSF developed its own business plan and looks to build on its implementation into 2021/22

Page 3

 MSF utilised funding from the National Lottery Community Fund and Liverpool City Council Community Resource Grant to scale up Bowl for Health and Boccia for Health - The impact of Covid-19 severely disrupted the Bowl for Health project delivery, with 22 courses across Liverpool, Sefton, St Helens and the Wirral postponed. The National Lottery Community Fund agreed to extend our funding delivery window up to December 2022. In September 2020 we did work with one bowling club in Liverpool to deliver a pilot Bowl for Health course with effective social distancing measures in place, with 12 attendees. For Boccia for Health, our Liverpool City Council Community Resource Grant delivery project was again severely impacted by Covid-19, with delivery deferred until 2021/22. However, we were able to set the foundations for future delivery during this financial year by working with Onward Housing to train 10 employees to be able to deliver boccia sessions in their respective venues once restrictions ease

 The Daily Mile Sport England Contract - With The Daily Mile initiative funding coming to an end in July 2021, our focus has been on ensuring it's sustainability for schools across LCR. The impact of Covid 19 majorly has disrupted school life, as a result, it has been a difficult 18 months to really promote The Daily Mile. We have however managed to meet initial targets set by Sport England, organise and run a county wide virtual Daily Mile Day (15,000 participants), facilitate a national daily mile day, film a case study video and create a variety of resources designed to ensure schools will be able to continue to enjoy The Daily Mile past July 2021.

Page 4

MERSEYSIDE SPORTS FOUNDATION

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2020

Legal and Operational

Merseyside Sports Foundation has retained the following services for 2019/20: -

 DLP Solicitors, continue to provide capacity to the Foundation in areas of recruitment, human resources and any legal advice. This relationship continues there are no issues to report here.

 Ip's Associates Chartered Accountant, continue to provide a service as an Independent Examiner as well as providing payroll support and processing for all employees. This relationship has been excellent and has provided much advice during the course of the year.

 The accounts are held with the Co-Operative Bank, which is not only an ethical bank, but equally continues to have no charges for utilising their services.

 Both the Chair and one trustee are authorised signatories for this account. This is currently being reviewed to ensure good protocols are in place. A preferred method of payment is via Bacs and there are now a number of suppliers added to this via the online banking system. This provides easy access and there are financial processes in place for payment.

 Insurance continues to be provided through Zurich Insurance, who once again provided an excellent quote for the year. They provide Public Liability, Employees Liability and Trustees Indemnity cover. Again, an excellent organisation to work with and no issues to report.

 Pension provider continues to be Creative Auto Enrolment

Staffing

Merseyside Sports Foundation has maintained its staffing roles in 2020/21: -

 Two Sport and Physical Activity Officers, who support organisations to develop and implement a successful children and young people development programme aligned to a Sport England contract.

 Research and Insight Officer, who has been instrumental in providing data, information and insight to support local organisations to grow physical activity opportunities for local residents.

 Insight Officer, who has been instrumental in providing insight to support local organisations to grow physical activity opportunities for local residents.

 School Games Officer, who has ensured young people within the Liverpool City Region have been given the opportunity to participate in a range of sport, with the hope that they will continue to be active and lead a healthy life.

 Officer Manager (PT), who ensures MSF operates efficiency and effectively providing high quality support to the Board of Trustees, in order to priorities and target resources appropriately.

 Business Improvement Officer, who underpins the organisation with any business support needs, governance, supporting Trustees, external contracts and communications.

 Daily Mile Coordinator – contract delivery of a Sport England funding stream supporting schools, teachers and young people to run, jog or walk a mile per day or 15 minutes of activity.

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MERSEYSIDE SPORTS FOUNDATION

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021

REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number 08000540 (England and Wales)

Registered Charity number

1147342

Registered office

Unit 1 Dakota Business Park Skyhawk Avenue Garston Liverpool Merseyside L19 2QR

Trustees

J Bell Professor P A Shenton A Walker A Cooper

Appointed May 2012 Appointed May 2012 Appointed May 2012 Appointed Dec 2015

Independent examiner

Ip's Associates Limited Oscar Ip & Co. Chartered Accountant 3rd Floor, Trident House 31-33 Dale Street Liverpool L2 2HF

Solicitors

DLP Solicitors Southerly 7 Waterfold Business Park Bury BL9 7BR

Bankers

The Co-Operative Bank plc PO Box 250 Skelmerdale WN8 6WT

STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document

Merseyside Sports Foundation was incorporated as a Company Limited by Guarantee on 21 March 2012. It was registered as a charity on 21 May 2012.

.

Page 6

MERSEYSIDE SPORTS FOUNDATION

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021

STRUCTURE, GOVERNANCE AND MANAGEMENT

Recruitment and appointment of new trustees

The Foundation will operate its corporate governance through a board of trustees appointed in line with corporate and Charitable guidelines. The board will comprise a minimum of three directors appointed on the basis of required skill sets. To provide stability and continuity, the initial directors/trustees will be entitled to serve 2 terms of 3 years each. After this term 1 director / trustee position will be changed each year in line with charity commission guidelines.

The Trustees Board oversees the recruitment of Trustees and undertakes a periodic skills audit of the Board.

Applications for Trusteeship are sought through open advertisement and personal contact. Applicants are assessed against a trustee job description and shortlisted candidates are interviewed by a panel of Trustees and appointed by the Trustee Board.

Induction and training of new trustees

New Trustees are provided with induction meetings with the key staff and are given a detailed governance pack. Arrangements are made for Trustees to visit Merseyside Sports Foundation’s projects and services. Trustees receive information newsletters, presentations on aspects of Foundation’s work and on matters affecting the voluntary sector.

Risk management

The Trustees have in place a risk management process. The process identifies the types of risks the Charity faces, prioritises them in terms of likelihood of occurrence and potential impact, identifies the means of managing these risks and monitors how they are managed. Development and review of the risk management arrangements are the responsibility of the Board of Trustees.

The key risks identified by Board at the end of 2013/14, together with the actions taken or intended to be taken in response to these risk is as follow:

Loss of income due to public sector spending cuts and increased competition. Merseyside Sports Foundation’s

response is to focus more resource on our business development team, keep our quality high and our costs competitive.

OBJECTIVES AND ACTIVITIES

Objectives and aims

  1. To promote for the benefit of the inhabitants of Merseyside (inclusive of the Boroughs of Liverpool, Sefton, St. Helens, Knowsley, Halton and Wirral) the provision of facilities for recreation or other leisure time occupation of individuals who have need of such facilities by reason of their youth, age, infirmity or disablement, financial hardship or social and economic circumstances or the public at large in the interest of social welfare and with the object of improving the condition of life of the said inhabitants.

  2. The advancement of such other charitable purposes beneficial to the community consistent with the object set out in 1 above as the Trustees of the Charity shall in the absolute discretion determine.

Other relevant information

Purpose ( What )

Beneficiaries ( Who )

Methods of operation ( How )

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Page 8

MERSEYSIDE SPORTS FOUNDATION

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021

OBJECTIVES AND ACTIVITIES Significant activities

Merseyside Sports Foundation will undertake pieces of work in the following areas:-

The benefit to the public from the services outlined above is:-

FINANCIAL REVIEW

Reserves policy

The Board of Trustees conduct an annual review of the level of unrestricted reserves in the general fund by considering risks associated with the various income streams, expenditure plans and balance sheet items. This enables an estimate to be made of the level of reserves that are sufficient:

This figure is currently £ 96,539. Restricted funds for this year £90,252 total which equates to 3 months operating costs.

Investment policy and objectives

The trustees' investment objective is to maximise long-term total return. The trustees' investment policy is to achieve

long-term growth in both income and capital value through low risk bank savings.

FUTURE DEVELOPMENTS

The charity's aims and objectives remain constant and do not change from year to year.

Approved by order of the board of trustees on 23[rd] July 2021 and signed on its behalf by:

J Bell - Trustee

Page 9

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF MERSEYSIDE SPORTS FOUNDATION

I report on the accounts of the company for the year ended 31 March 2021, which are set out on pages six to ten.

Responsibilities and basis of report

As the charity's trustees (and also the directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006.

Having satisfied myself that the charity is not subject to audit under company law and is eligible for independant examination, I have examined your charity's accounts as required under section 145 of the Charities Act 2011 ('the Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

My role is to state whether any material matters have come to my attention giving me cause to believe:

  1. that accounting records were not kept as required by section 386 of the Companies Act 2006; or

  2. that the accounts do not accord with those records; or

  3. that the accounts do not comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Charities Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland; or

  4. that there is further information needed for a proper understanding of the accounts.

Independent examiner's statement

I have completed my examination and have no concerns in respect of the matters (1) to (4) listed above and, in connection with following the Directions of the Charity Commission I have found no matters that require drawing to your attention.

Ip's Associates Limited Oscar Ip & Co. Chartered Accountant 23 Argyle Street Liverpool L1 5BL

23 July 2021

Page 10

MERSEYSIDE SPORTS FOUNDATION

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2021

31.3.21 31.3.21 31.3.20 31.3.20
Total Total funds
funds
Notes £ £
INCOMING RESOURCES
Incoming resources from
generated funds
Voluntary income 203,275 252,710
Investment income 2 353 426
Total incoming resources 203,628 253,136
RESOURCES EXPENDED
Governance costs 4,049 4,890
Other resources expended 229,790 243,992
Total resources expended 233,839 248,882
RECONCILIATION OF FUNDS
NET INCOMING/(OUTGOING) (30,211) 4,254
RESOURCES
Total funds brought forward
217,002
212,748

TOTAL FUNDS CARRIED FORWARD

186,791 217,002

Page 11

MERSEYSIDE SPORTS FOUNDATION

BALANCE SHEET AT 31 MARCH 2021

31.3.21 31.3.20
Total funds Total
funds
Notes £ £
CURRENT ASSETS
Debtors 6 - 270
Cash at bank 195,937 238,589
195,937 238,859
CREDITORS
Amounts falling due within one year
7
(9,146)
(21,857)
NET CURRENT ASSETS
186,791
217,002
TOTAL ASSETS LESS CURRENT LIABILITIES
186,791
217,002
NET ASSETS
186,791
217,002

The notes form part of these financial statements Page 10

FUNDS 8 Unrestricted funds Restricted funds

TOTAL FUNDS

96,539
90,252
186,791		 82,524
134,478
217,002

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2021 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to charitable small companies and with the Financial Reporting Standard for Smaller Entities (effective January 2015).

The financial statements were approved by the Board of Trustees on 23 July 2021 and were signed on its behalf by:

J Bell -Trustee

Alan Cooper - Secretary

The notes form part of these financial statements Page 11

MERSEYSIDE SPORTS FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021

1. ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.

Incoming resources

All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.

Resources expended

Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

2. INVESTMENT INCOME

31.3.21 31.3.20
£ £
Deposit account interest 353 426
3. NET INCOMING/(OUTGOING) RESOURCES
Net resources are stated after charging/(crediting):
31.3.21 31.3.20
£ £
Other pension costs 4,324 7,531

4. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2021 nor for the year ended 31 March 2020.

Trustees' expenses

A total of £nil was paid to trustees to cover travel expenses.

The notes form part of these financial statements Page 12

MERSEYSIDE SPORTS FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 MARCH 2021

5.
STAFF COSTS
31.3.21
£
Wages and salaries
197,245
Other pension costs
4,324
201,569
The average monthly number of employees during the year was as follows:
31.3.21
Administrative and support staf
8
No employees received emoluments in excess of £60,000.
6.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.21
£
Trade debtors
-
7.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.21
£
Social security and other taxes
3,967
Accruals and deferred income
-
Trade creditors
3,229
Accrued expenses
1,950
9,146
8.
MOVEMENT IN FUNDS
At 1.4.20
Net
movement
in funds
At
£
£
General fund
217,002
(30,211)
186,791		 31.3.20
£
181,280
7,531
188,812
31.3.20
8
31.3.20
£
270
31.3.20
£
3,085
649
16,263
1,860
21,857
31.3.21
£

The notes form part of these financial statements Page 13

TOTAL FUNDS 217,002 (30,211) 186,791

Net movement in funds, included in the above are as follows:

Incoming Resources Movement in
resources expended funds
£ £ £
General fund
203,628
(233,839)
(30,211)

TOTAL FUNDS 203,628 (233,839) (30,211)

The notes form part of these financial statements Page 14

MERSEYSIDE SPORTS FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 MARCH 2021

8. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Net At 1.4.19 movement At 31.3.20 in funds £ £ £

General fund 212,748 4,254 217,002

TOTAL FUNDS

212,748 4,254 217,002

Comparative net movement in funds, included in the above are as follows:

Incoming Resources Movement in
resources expended funds
£ £ £

General fund 253,136 (248,882) 4,254

TOTAL FUNDS

253,136 (231,329)

The notes form part of these financial statements

Page 15

4,254

The notes form part of these financial statements Page 16

MERSEYSIDE SPORTS FOUNDATION

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2021

INCOMING RESOURCES
Voluntary income
Grants
Other
Investment income
Deposit account interest
Total incoming resources
RESOURCES EXPENDED
Governance costs
Professional fees
Auditors' remuneration for non-audit work
Support costs
Management
Wages
Pensions
Travel
Insurance
Project funding
Training
Consultants
Printing and stationery
Promotions and advertising
Sundries
Contractors
Total resources expended
Net (expenditure)/income		 31.3.21
£
201,455
1,820
353
203,628
2,039
2,010
4,049
197,245
4,234
19
970
11,084
562
10,000
56
210
3,111
2,210
229,790
233,839
(30,211)		 31.3.20
£
239,847
12,863
426
253,136
3,030
1,860
4,890
182,325
7,814
1,965
954
28,368
487
-
-
2,504
18,096
1,479
243,992
248,882
4,254

This page does not form part of the statutory financial statements

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