## **SKATERHAM CR3 YOUTH PROJECT TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT)** _**FOR THE YEAR ENDED 30 SEPTEMBER 2021**_
The trustees present their annual report and financial statements for the year ended 30 September 2021.
The financial statements have been prepared in accordance with the accounting policies set out in note to the financial statements and comply with the charity's memorandum and articles of incorporation dated 20th August 2012 , the Companies Act 2006 and "Accounting and Reporting by 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 (FRS 102) (effective 1 January 2019)".
The company is limited by guarantee and is a registered charity (no. 1150440) with principal address The Chapel, Guards Avenue, Caterham, Surrey. CR3 5XL.
## **Objectives and activities**
The charity's objects are to further or benefit the residents of Caterham and the surrounding area without distinction of gender, race, political opinions and/or religious beliefs, associating together the said residents and the local authorities, voluntary and other organisations in a common effort to provide facilities in the interests of social welfare for recreational pursuits with the object of improving conditions of life for the residents. Pursuant to these objectives the trustees shall have the power to establish, or secure the establishment of a community facility and to maintain or manage or co-operate with any private or statutory authority in the maintenance and management of such a centre for activities promoted by the charity for the public at large and/or those who, by reasons of their youth, age, infirmity or disablement, poverty or social and economic circumstances, have need for such facilities. To advance heritage through preserving for public benefit the historical, architectural and constructional heritage that exists in and around the Chapel at Caterham Barracks.
On becoming a Charity the Trustees and manager of the park were required to read the guidance on public benefit issued by the Charity Commission to ensure that our object met the requirements necessary to become a charitable organisation.
All trustees have agreed that the main activities of the Skatepark meet that requirement:
- Providing a recreational facility without distinction of gender, race, political opinions and/or religious beliefs, that benefits the residents of Caterham, by keeping the young people off the streets
- By providing the youth of the area with a space to expend their energy in a safe and secure environment
- By keeping the project on an affordable for all status where no-one is excluded
- By looking after the Chapel, keeping it free from vandalism and disrepair so preserving it for future use and as a building of sentimental and historical value
We are grateful to a number of dedicated volunteers who have contributed their time, some since we started 22 years ago, and others who have recently offered their help, with maintenance, cleaning, Café duties and gardening. Their help makes an enormous difference to the goodwill and running of the project.
- 1 -
## **SKATERHAM CR3 YOUTH PROJECT TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)** _**FOR THE YEAR ENDED 30 SEPTEMBER 2021**_
## **Achievements and performance**
## **Skaterham:**
_Yet another amazing year for Skaterham despite being Covid-closed for Jan to March 2021. Helped by HMRC with the JRS Grant and by generous funding (see Financial section) we kept our heads above water and provided much needed relief from all the stress of Covid for our members and their families. Our first event of the year was of course Halloween followed by many activities to keep our members occupied…….._
_**OCTOBER.......SUNDAY 30th......** A scary evening attracting nearly 200 visitors_
_**Xmas and January 2021 Raffles – drawn live on instagram**_
- 2 -
**SKATERHAM CR3 YOUTH PROJECT TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)** _**FOR THE YEAR ENDED 30 SEPTEMBER 2021**_
_**April 2021 – Scooter Coaching**_
## _**4 th July 21 – Sunday Vert Series Competition Round 1, very well attended and great atmosphere**_
- 3 -
**SKATERHAM CR3 YOUTH PROJECT TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)** _**FOR THE YEAR ENDED 30 SEPTEMBER 2021**_
_**July 21 Skateboard camps with TicTac skateschool**_
_**August 21 - Ramp building**_
- 4 -
**SKATERHAM CR3 YOUTH PROJECT TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)** _**FOR THE YEAR ENDED 30 SEPTEMBER 2021**_
## _**And throughout the year we kept the very popular foam pit and leap of faith**_
_**On-going park maintenance, painting and renewing has made our park brighter, cleaner and more accessible for all. Our manager, Darren is on the ball when it comes to health and safety, new legislations, covid rules etc etc and most importantly giving our members a safe and friendly place to socialise, exercise and have fun.**_
- 5 -
## **SKATERHAM CR3 YOUTH PROJECT TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)** _**FOR THE YEAR ENDED 30 SEPTEMBER 2021**_
## **CR3 Youth Project Ltd**
This is our subsidiary and has two streams of income raising funds for Skaterham
**1. Hire of the Skatepark for private parties and groups:** The venue is hired out typically for birthday parties whenever the park is not open to the public. It is a very popular venue the diary booked sometimes months in advance
**2. The Skaterham Shop** : Selling Skaterham Merchandise, scooters, skateboards and accessories it is opened on request and run by Junior staff, with training from Adult staff.
## **Looking after the Chapel**
The Chapel is a Grade II listed building with great historical importance to Caterham being the former Caterham Army Barracks, Queens Guards Chapel. As occupants of the building we are tasked with looking after it and to this end we make the necessary repairs and renewals. We also organise gardening weekends with a team of volunteers to keep the gardens looking good
- 6 -
## **SKATERHAM CR3 YOUTH PROJECT TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)** _**FOR THE YEAR ENDED 30 SEPTEMBER 2021**_
## **Financial review**
It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level as high as possible to allow for reductions in grant funding and donations and to pay for future repairs and improvements to the park. The trustees regularly assess whether reserves held are excessive for that purpose and if so they will ensure that funds are designated for a specific use or used in line with their charitable objects.
## **Skaterham generated funds**
Funds generated from our main activities came to £42,000 with door income slightly up on private parties. Tuck/ Kitchen and shop sales brought in £7,300. In-house fundraising from events, games machine, skate and scoot camps raised a further £15,500. The coaches for the camps were funded by Sport England.
## **Restricted funding**
Applications for funding were once again applied for by our Manager Darren Barnes.
- **November 2020 £670 - Caterham Rotary Club**
- **January 2021 £9,160 - Lottery Community Fund**
- **February 2021 £5,050 - Sport England**
- **February 2021 £5,000 - Community Foundation**
- **August 2021 £1,090 - Sport England**
## **Unrestricted funding**
Once again we are grateful to a number of organisations and people who support us without specifying use of the grant or donation
- The John Cowan Foundation
- John Thompson & Partners
- Eddie Mir, Parents and Friends of Skaterham
- The Bourne Society
- Various Parents Donations
## **CR3 Youth Project Ltd**
Our subsidiary has two streams of income which together raised funds for the charity of £20,385
1. Hire of the Skatepark for private parties and groups
2. The Skaterham Shop
The trustees has assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.
Major risk management training and procedures:
- First aid training for staff and volunteers
- Risk, health and safety training for staff
- 7 -
## **SKATERHAM CR3 YOUTH PROJECT TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)** _**FOR THE YEAR ENDED 30 SEPTEMBER 2021**_
## **24/06/2021 - Coronavirus (Covid-19) risk assessment – update from July 2020 to date**
As per government guidelines and with support from Sport England , Skaterham closed as and when instructed from November 2020. Keeping to strict guidelines volunteers set about cleaning, painting, renewing and repairing Skaterhams ramps and interior walkways etc ready for when we were allowed to re-open .
On 5th April 2021 we opened outside only for 1 week for a pre booked coaching session with under 11’s. On 12 th April Skaterham once again opened its doors, pre booking only being the new Covid - safe system to keep our numbers under control. No mixing of adults and children and parents were asked (where possible) to leave their children and collect them at the end of the session.
As of Monday 17 th May parents were permitted to remain in the building and consume food and drink within our upstairs viewing lounge. Mixed sessions were permitted so parent wishing to accompany their children on the ramps was ok. Parents and visitors were asked to continue to wear their face coverings when moving around the building.
In accordance with government guidelines, our Covid-19 risk assessment remained as follows:.
1. Bookings online only, contactless payment on arrival
2. Max amount of users per session
3. Clear signage encouraging the 2m rule
4. Two sanitizer stations
5. Staff PPE if required
6. Markers on ramps showing max amount of persons
7. Screens in place at reception and the Café
8. Consumption of food and drink upstairs only
9. Face Coverings to be worn by visitors and parents not using the ramps
## **Plans for future periods**
Over the past 23 years Skaterham has evolved to what it is today. To keep inline with current trends we consult with our members, volunteers and staff on a regular basis. For the year to come we are planning more of the very popular scooter and skateboard coaching sessions run during school holidays. A new section in the garden will have monkey pull up and parallel fitness bars and as always our entire park is maintained to the highest level.
## **Structure, governance and management**
The charity is a company limited by guarantee governed by its Articles of Association dated 20 August 2012.
The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:
Tim Rolfe
Valerie Wilkins
Marilyn Payne Peter Wilkins
Miriam Dance
Trustees are appointed by existing Trustees. None of the trustees has any beneficial interest in the company. All of the trustees are members of the company and guarantee to contribute £1 in the event of a winding up. Trustees are trained in the following policies and procedures:
- Child Protection Policy
- Data Protection Policy
- Environmental Policy
- 8 -
## **SKATERHAM CR3 YOUTH PROJECT TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)** _**FOR THE YEAR ENDED 30 SEPTEMBER 2021**_
The trustees' r eport was approved by the Board of Trustees.
Marilyn Payne Tim Rolfe **Trustee Trustee**
13 June 2022
- 9 -
**Charity registration number 1150440**
**Company registration number 8185568 (England and Wales)**
## **SKATERHAM**
**CR3 YOUTH PROJECT**
**ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2021**
## **SKATERHAM CR3 YOUTH PROJECT LEGAL AND ADMINISTRATIVE INFORMATION**
**Trustees** Tim Rolfe Valerie Wilkins Marilyn Payne Peter Wilkins Miriam Dance **Secretary** Marilyn Payne **Charity number** 1150440 **Company number** 8185568 **Principal address** The Chapel Guards Avenue Caterham Surrey CR3 5XL **Registered office** The Chapel Guards Avenue Caterham Surrey CR3 5XL **Independent examiner** Bruce Chapman BSc FCA CTA **and accountant** Roger Lugg & Co 12 - 14 High Street Caterham Surrey CR3 5UA **Subsidiary accountant** Simon Nunn 2 Guards Avenue Caterham Surrey CR3 5XL
## **SKATERHAM CR3 YOUTH PROJECT CONTENTS**
||**Page**|
|---|---|
|Trustees' report||
|Independent examiner's report||
|Statement of financial activities|1|
|Statement of financial position|2|
|Notes to the financial statements|3 - 12|
## **SKATERHAM CR3 YOUTH PROJECT STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT** _**FOR THE YEAR ENDED 30 SEPTEMBER 2021**_
|**Unrestricted**
**Restricted**
**funds**
**funds**
**2021**
**2021**
**Notes**
**£**
**£**
**Income and endowments from:**
Donations, gifts and
grants
**3**
38,625
21,220
Charitable activities
**4**
23,279
-
Other trading activities
**5**
32,287
-
Investments
**6**
-
-
Other income
**7**
523
-
**Total income**
94,714
21,220
**Expenditure on:**
Raising funds
**8**
11,675
-
Charitable activities
**9**
80,152
23,114
**Total expenditure**
91,827
23,114
**Net income/(expenditure)**
**for the year/**
**Net movement in funds**
2,887
(1,894)
Fund balances at 1 October
2020
41,399
17,902
**Fund balances at 30**
**September 2021**
44,286
16,008|**Total Unrestricted**
**Restricted**
**funds**
**funds**
**2021**
**2020**
**2020**
**£**
**£**
**£**
59,845
40,061
29,369
23,279
23,393
-
32,287
20,933
-
-
1
-
523
2,500
-
115,934
86,888
29,369
11,675
11,842
-
103,266
82,086
12,485
114,941
93,928
12,485
993
(7,040)
16,884
59,301
48,439
1,018
60,294
41,399
17,902|**Total**
**2020**
**£**
69,430
23,393
20,933
1
2,500
116,257
11,842
94,571
106,413
9,844
49,457
59,301|
|---|---|---|
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.
- 1 -
## **SKATERHAM CR3 YOUTH PROJECT STATEMENT OF FINANCIAL POSITION**
## _**AS AT 30 SEPTEMBER 2021**_
|**2021**
**Notes**
**£**
**Fixed assets**
Property, plant and equipment
**12**
Investments
**13**
**Current assets**
Inventories
**14**
1,163
Trade and other receivables
**15**
42,710
Cash at bank and in hand
8,213
52,086
**Current liabilities**
**16**
(11,758)
Net current assets
**Total assets less current liabilities**
**Income funds**
Restricted funds
**17**
Unrestricted funds|**£**
19,965
1
19,966
40,328
60,294
16,008
44,286
60,294|**2020**
**£**
930
33,482
7,605
42,017
(5,074)|**£**
22,357
1
22,358
36,943
59,301
17,902
41,399
59,301|
|---|---|---|---|
The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 30 September 2021.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the Trustees on 13 June 2022
Marilyn Payne **Trustee**
## **Company registration number 8185568**
- 2 -
**SKATERHAM CR3 YOUTH PROJECT NOTES TO THE FINANCIAL STATEMENTS** _**FOR THE YEAR ENDED 30 SEPTEMBER 2021**_
## **1 Accounting policies**
## **Charity information**
Skaterham is a private company limited by guarantee incorporated in England and Wales. The registered office is The Chapel, Guards Avenue, Caterham, Surrey, CR3 5XL.
## **1.1 Accounting convention**
The financial statements have been prepared in accordance with the charity's [governing document], the Companies Act 2006, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "Accounting and Reporting by 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 (FRS 102)" (effective 1 January 2019). The charity is a Public Benefit Entity as defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows.
The financial statements are prepared in sterling , which is the functional currency of the charity . Monetary a mounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
## **1.2 Going concern**
At the time of approving the accounts, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the accounts.
## **1.3 Charitable funds**
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
## **1.4 Incoming resources**
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount.
Income from grants, donations, charitable activities and fund raising is recognised when the charity has unconditional entitlement to the resources.
The value of services from volunteers cannot be reliably measured, so no income and expenditure is shown in relation to this.
## **1.5 Resources expended**
Expenditure is recognised as soon as there is a legal and constructive obligation committing the charity to pay out the resources.
All support costs are allocated to the main charitable activity, so no apportionment is required.
- 3 -
## **SKATERHAM CR3 YOUTH PROJECT NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 30 SEPTEMBER 2021**_
## **1 Accounting policies**
**(Continued)**
## **1.6 Property, plant and equipment**
Property, plant and equipment are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Land and buildings 5% straight line Skatepark equipment 25% straight line Motor vehicles 25% reducing balance
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities .
## **1.7 Non-current investments**
The fixed asset investment in the subsidiary is measured at cost .
## **1.8 Impairment of non-current assets**
At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any ) .
## **1.9 Inventories**
Inventories are stated at the lower of cost and net realisable value. Stocks comprise food for catering and resale.
Net realisable value is the estimated selling price less all estimated costs of completion and costs to be incurred in marketing, selling and distribution.
## **1.10 Cash and cash equivalents**
Cash and cash equivalents include cash in hand, deposits held at call with bank s and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
## **1.11 Financial instruments**
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value .
## **1.12 Employee benefits**
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
## **1.13 Retirement benefits**
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
- 4 -
## **SKATERHAM CR3 YOUTH PROJECT NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 30 SEPTEMBER 2021**_
## **1 Accounting policies**
## **(Continued)**
## **1.14 G roup accounts**
T he financial statements present information about the company as an individual undertaking and not about its group. The company and its subsidiary undertaking comprise a small-sized group. The company has therefore taken advantage of the exemptions provided by section 398 of the Companies Act 2006 not to prepare group accounts.
## **2 Critical accounting estimates and judgements**
In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
## **3 Donations, gifts and grants**
|**Unrestricted**
**Restricted**
**funds**
**funds**
**£**
**£**
Donations and gifts
23,396
-
Grants
15,229
21,220
38,625
21,220
**For the year ended 30 September 2020**
40,061
29,369
**Donations and gifts**
Unrestricted
Other donations and gifts
Donation from subsidiary
**Grants receivable for core activities**
UF Government grant income
Restricted
Big Lottery Fund - Awards for all
Other grants|**Total**
**2021**
**£**
23,396
36,449
59,845
3,481
19,915
23,396
15,229
9,160
12,060
36,449|**Total**
**2020**
**£**
26,417
43,013
69,430
69,430
3,087
23,330
26,417
13,644
5,655
23,714
43,013|
|---|---|---|
- 5 -
## **SKATERHAM CR3 YOUTH PROJECT NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## _**FOR THE YEAR ENDED 30 SEPTEMBER 2021**_
## **4 Charitable activities**
||**Door**|**Door**|
|---|---|---|
||**income**|**income**|
||**2021**|**2020**|
||**£**|**£**|
|Door income|23,279|23,563|
|Outings income|-|(170)|
||23,279|23,393|
## **5 Other trading activities**
|Fundraising events
Cafe/Tuckshop sales
Kitchen sales
Games and vending machines|**2021**
**£**
15,594
14,142
798
1,753
32,287|**2020**
**£**
5,796
13,122
1,842
173
20,933|
|---|---|---|
## **6 Investments**
||**Total**|Unrestricted|
|---|---|---|
|||funds|
||**2021**|2020|
||**£**|£|
|Interest receivable|-|1|
## **7 Other income**
||**Unrestricted**|Unrestricted|
|---|---|---|
||**funds**|funds|
||**2021**|2020|
||**£**|£|
|Net gain on disposal of tangible fixed assets|523|2,500|
- 6 -
## **SKATERHAM CR3 YOUTH PROJECT NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 30 SEPTEMBER 2021**_
## **8 Raising funds**
||**Unrestricted**|Unrestricted|
|---|---|---|
||**funds**|funds|
||**2021**|2020|
||**£**|£|
|Fundraising: costs of goods sold|||
|Cafe/Tuck and kitchen purchases|9,331|9,216|
|Support costs|2,344|2,626|
|Fundraising: costs of goods sold|11,675|11,842|
||11,675|11,842|
|**Charitable activities**|||
||**2021**|**2020**|
||**£**|**£**|
|Staff costs|50,664|50,437|
|Depreciation and impairment|1,965|2,107|
|Activities undertaken directly|||
|Rent and rates|456|620|
|Insurance|12,345|7,422|
|Light and heat|574|599|
|Outings|-|637|
|Repairs and renewals|20,113|21,193|
|Cleaning|2,625|2,811|
|Chapel expenses|2,905|1,855|
|Telephone|692|669|
|Support costs|||
|Minibus costs|69|1,235|
|Activities expenses|1,585|782|
|Staff canteen|-|976|
|Postage, stationery and travel|2,493|346|
|Legal fees|13|13|
|Marketing|232|1,211|
|Bank charges|21|78|
|Subscriptions|216|229|
|Sundry|66|198|
|Governance costs|||
|Accountancy and independent examination|1,232|1,153|
||103,266|94,571|
## **9 Charitable activities**
- 7 -
**SKATERHAM CR3 YOUTH PROJECT NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 30 SEPTEMBER 2021**_
## **10 Trustees**
None of the trustees (or any persons connected with them) received any remuneration during the year.
## **11 Employees**
## **Number of employees**
The average monthly number of employees during the year was:
||**2021**|**2020**|
|---|---|---|
||**Number**|**Number**|
|Manager|1|1|
|Park assistants|1|1|
||2|2|
|**Employment costs**|**2021**|**2020**|
||**£**|**£**|
|Wages and salaries|49,646|48,540|
|Social security costs|-|891|
|Other pension costs|1,018|1,006|
||50,664|50,437|
The aggregate remuneration of key management personnel in the year was £35,784.
There were no employees whose annual remuneration was £60,000 or more.
- 8 -
## **SKATERHAM CR3 YOUTH PROJECT NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 30 SEPTEMBER 2021**_
|**12**
**Property, plant and equipment**
**Land and**
**buildings**
**Skatepark**
**equipment**
**Motor**
**£**
**£**
**Cost**
At 1 October 2020
36,000
24,304
Disposals
-
-
At 30 September 2021
36,000
24,304
**Depreciation and impairment**
At 1 October 2020
14,400
23,974
Depreciation charged in the year
1,800
165
Eliminated in respect of disposals
-
-
At 30 September 2021
16,200
24,139
**Carrying amount**
At 30 September 2021
19,800
165
At 30 September 2020
21,600
330|**vehicles**
**£**
4,275
(4,275)
-
3,848
-
(3,848)
-
-
427|**Total**
**£**
64,579
(4,275)
60,304
42,222
1,965
(3,848)
40,339
19,965
22,357|
|---|---|---|
- 9 -
## **SKATERHAM CR3 YOUTH PROJECT NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## _**FOR THE YEAR ENDED 30 SEPTEMBER 2021**_
## **13 Fixed asset investments**
|**Cost or valuation**
At 1 October 2020 & 30 September 2021
**Carrying amount**
At 30 September 2021
At 30 September 2020
Other investments comprise:
**Notes**
Investments in subsidiaries
**20**
**14**
**Inventories**
Stock of consumables
**15**
**Trade and other receivables**
**Amounts falling due within one year:**
Trade receivables
Amounts owed by subsidiary undertakings
Other receivables
Prepayments and accrued income
**16**
**Current liabilities**
Other taxation and social security
Trade payables
Other payables
Accruals and deferred income|**Other**
**investments**
1
1
1
**2021**
**2020**
**£**
**£**
1
1
**2021**
**2020**
**£**
**£**
1,163
930
**2021**
**2020**
**£**
**£**
(861)
-
40,089
32,307
419
-
3,063
1,175
42,710
33,482
**2021**
**2020**
**£**
**£**
683
819
7,460
3,255
2,565
-
1,050
1,000
11,758
5,074|
|---|---|
- 10 -
## **SKATERHAM CR3 YOUTH PROJECT NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 30 SEPTEMBER 2021**_
## **17 Restricted funds**
The income funds of the charity include restricted funds comprising the following unexpended balances of donations and grants held on trust for specific purposes:
|||**Movement**|**in funds**||
|---|---|---|---|---|
||**Balance at**|**Grant**|**Expenditure**|**Balance at**|
||**1 October 2020**|||**30 September**|
|||||**2021**|
||**£**|**£**|**£**|**£**|
|Sport England - foam pit|-|1,090|-|1,090|
|Caterham Rotary/Roundtable|5,544|-|-|5,544|
|High Sherrif Award|199|-|(199)|-|
|Big Lottery Community Fund - Back on the ramps|3,859|-|(3,838)|21|
|Sport England - emergency fund|5,000|5,050|(4,375)|5,675|
|Lotto Community Fund|-|9,160|(9,160)|-|
|John Cowan Foundation|3,300|250|-|3,550|
|Rotary - Covid grant|-|670|(542)|128|
|Community Foundation|-|5,000|(5,000)|-|
||17,902|21,220|(23,114)|16,008|
## **18 Analysis of net assets between funds**
|**Unrestricted**
**funds**
**Restricted**
**2021**
**2021**
**£**
**£**
Fund balances at 30
September 2021 are
represented by:
Property, plant and
equipment
19,965
-
Investments
1
-
Current assets/
(liabilities)
24,320
16,008
44,286
16,008|**Total**Unrestricted
funds
Restricted
**2021**
2020
2020
**£**
£
£
19,965
22,357
-
1
1
-
40,328
19,041
17,902
60,294
41,399
17,902|Total
2020
£
22,357
1
36,943
59,301|
|---|---|---|
## **19 Related party transactions**
There were no disclosable related party transactions during the year (2020 - none) .
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## **SKATERHAM CR3 YOUTH PROJECT NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 30 SEPTEMBER 2021**_
## **20 Subsidiaries**
These financial statements are separate charity financial statements for Skaterham.
Separate company financial statements are required to be prepared by law. Consolidated financial statements for the group are not prepared.
Details of the charity's subsidiaries at 30 September 2021 are as follows:
**Name of undertaking Registered Nature of business Class of % Held office shares held Direct Indirect** CR3 Youth Project Limited UK Skatepark Ordinary 100.00
The investment in the subsidiary is stated at cost.
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## **SKATERHAM CR3 YOUTH PROJECT INDEPENDENT EXAMINER'S REPORT**
## **TO THE TRUSTEES OF SKATERHAM**
I report to the trustees on my examination of the financial statements of Skaterham (the charity) for the year ended 30 September 2021.
## **Responsibilities and basis of report**
As the trustees of the charity (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (the 2006 Act).
Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act) . In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
- 1 accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or
- 2 the financial statements do not accord with those records; or
- 3 the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
- 4 the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.
## **Bruce Chapman BSc FCA CTA**
Roger Lugg & Co 12 - 14 High Street Caterham Surrey CR3 5UA
Dated: 23 June 2022
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