utopia ACCOUNTING Holford Drive Community Sports Hub Limited Financial Statements For the Year Ended 31 January 2021 Company Registration Number: 08372141 Registered Charity Nurnber: 1153926 *1 www.utopiaaccounting.co.uk Holford Drlv• C(#Mmunlty Sport• Hub Llmltsd Content• ofthe Flnan¢l•l St•tsments for the Year Ended 31 January 2021 Report ofthe Tr￿t 1to3 In¢Jopgndont Ex*￿n0￿8 R•w1 B•lAn￿ SP*•t Nole¥ to the Flnarthl St•lom 7t010 Holford Drfve Communlty sp￿¥ Lwnlt•d Report ofth• Tru•t forth• Yoar Ended 31 Uanuw 2021 The tr￿stee& present tsir wilh the finar￿la1 slat8monts of dwity for the year 8nW 31 January 2021. IN8teè8 have adopted the provi8ior#J of AC0￿n11n9 arKI Reporling ty Ch￿￿e$.. Statement of R¢cornmend&J Praclice applicable to charfUg$ preparing their ac£c4Jnts In with the Financial Repyting SXand8rd applicable UK 8nd Republic of IrelaThJ {FRS 102) (effer*40 1 2015). OBJEcnvES AND ACTMTIES Pklnclpal •GUvlty and con8tittrtlon Th•company is regk8tered as a chaiil•t40 ojmkwny lknhj a m￿rand￿rn OfAs¥￿40ti0n on 23 January 2013. The company18 ￿lsIllUted ￿￿or a Merfmr•Jum of Auc*kn daw 23 J•nu•ry 2013 and li a regiit•r*AI ¢h8rfty, number 1153926. The prfnclpal object of ¢¢¥npwry ￿ to f￿a￿lie￿ othw18lwr• Ilm for the inwttwls cl Parry Barr, AAton And tha wrrowKl*s are•. Pollcln •nd ob￿1￿•￿ Th• obj•dv•8 ofthe tharlty To promotefort￿ b￿efftoftho inhabilwts ofPory Baff, A8ton 8Th1 th•8uThwndlng ar•atho prtyhlon offaciliti81 foi rffi8￿on or othor1fj6wrn Ilme c¢￿1p8￿n8 of Indb4idualB have a need of 8uch f9eilitr￿ by M8$on of th•lr youth, agg. Infirnty or disable￿, hardshlp or 8cthI and 9X￿OrnIG ￿rGl￿StanCes or for the publlc at laryJo in the int•re8t ol ￿01 **llare and 7*ilh th8 obl￿t of iffyovwig tha condition of Irf* ofth• sald ￿h•￿tantS. To prorMt• c￿mUnIty pa￿￿p•kn kn healty rweatiw by prowding and promots'tvj faal￿o3 and organi8ing actlvrfie8 for the F4aylng ol 8Wt. To advar￿e In Ife and hdp young thrcwh." Th• provision ofrwe81iwl •Yl1818ur•lnN) athiil8• lh• int•MlOf￿￿a1WO￿ra. d￿19n lo Improve thelr cond411on8 of Itfe. Provldlng 8upwI and aeliv￿•B dtr48knp Ihw arKI to wwblo them to parthlp* in •• and The management ofth• compny18 th• r•wwI￿Ity oltr* trLMt•ts• •r• •loGt•d •r*d c%Fopl•d under lh• ofth• Artlcles of A88ocl8lk*n. Accordlng to the ofAMod•kn ts LK•rd •1w￿hj nLKnlnthl tr￿te&S ofwhom.. Onè be nominated by Birningharn City Cour One nominated by Broaokny Elght may b• non￿nated by th• affilkltsd •port• dub 4ppc4nth)g btyJl61 wlth no mcfft than t*YJ tru$1￿1 pw Spo club Two mw be nomIr￿￿ ty th• bowd to fill any sklu 9¥4 OM mty h nominthd ty th• bofjrt to briNJ c<¥nmw)ity krThA Publ1¢ b•n•fft In $•tllng objectlv•s •nd pl8nnlng for 8(th1ti•8. th• tnMte88 have fl¥￿ conthoratkn to g•r*rnl gL￿d￿¢0 publl•h•d by the Charlty COM￿••￿￿ rel￿Nd to wblc benefiL ACHIEVEMEKf AND PERFORMANCE M•Jor a¢llvld•• •nd xhl•v•m•nt• Thè year end&J 31 January 2ff21 w88 anthr yur 01￿￿￿01d￿￿ 4rn1 dwel0￿ ofthe facllUe8. Tha Hoiford Drfve Communtty Sports Hub opw8ted ttL))uhl durfng Ihls p￿d foihxkng go¥•mM￿tIaw&, guidelines. rutes. and athce f￿rn •Ath of hub ¥porfs governing ts0dk￿. Volunteer8 caiie¢J out deep ¥*d 8pNts tOL* tkn fdd8. OWrt•. tho ¢xrp*rk 8ocidty dL8tan¢•d whfjn rulos allow8d. Thg core sports wEre kept W ke¥ng In t￿￿h memtern we under full lor*du•m che¢k¥ig In on thalr heatth. mgrrtal and 8mollonal ￿11￿￿ and as thir￿ eased thi8 rewar￿ ty wxd reattendan¢e •t ¢lub s•ssions. Maetings were completed by ZOWL or $0ts8ly dIsts￿￿ w7th vwiws ty98nL8atb)ns. developments with Sport England atvj the C1)mm￿we3lth Games cc¥llrTwtt886 continu•J. Finanthalty the carparklng agreorwrt wrfh EEF traiThThJ c￿tin(￿d ￿en lknJh their opW8ti￿ was shut dovm whkh h•lped OUT budget considerabty. The Corn sports s￿ght grants orKI wwe s1il able to corlrfbute Mthat they cthjld. AS the finan￿￿ yoar endfrj. the Sports Hub was boKk uThJer kkn. Holford Drlve Communlty Sports Hub Lknlt•d Roport ofthe T￿￿tr¢8- ¢ontIn￿d forth* Yoar Ended 31 January 2021 PLANS FOR FUTURE PERIODS conb.nug lo develop aThJ proN#)ts exisbry thb'$ progrmn88 Condnu8 to appty tr gran18 *MI fu￿11r$ woie¢t8 FINANCIAL REVIEW Totsl incomg lor the yearw8¥ ￿,020 (2020: £63.4991 ofv*fv(* £46.IY20wa8 unr•stftded (2020.. £83.499) and £5,OCX) was restrth$12020 £Nit). Total fvnd8 ¢arried fijrward at th$ ytsr end were £88.8(O (2020.. £85,8al (rfww £49248 was (2020 £48,330} and £19,5eo wwo mtrkaad12(r20.. £19.580). Rl•k man•gwn•nt Th• tNslee8 ha￿ certain risk8 to vknlch thè ¢harity is exp)￿ as part ofthdr mF¥Jnty*>iI￿￿ as tN8teè8 running tho charfty. Thé mgin risks bJw)lifi•d r•lats to H•allh and S• iMuoB. The trustO96 hav• a goneral Health ond Safoty pollGy In place whlch L8 8trIcity foltrwed. Golng con￿rn After m8kSng ¥ppropriats eTh]uir188. th8 trustO0s hove a rea￿tI6 tixpectati￿ that tharity has adoquats re80ureé8 lo continue in cperallon•l exiitenco for the fCYe8eea￿O future. For IIMS reason kn ￿￿1￿￿$ to odopl the coneam b￿18 In pr•parkng the ffin•￿1 •lat•mthth. RM•rvM pollcy The truste06 have r8vt8wed the charflys requlrements for re8ep4es. Th18 Ig eunplèted on an #nnugl basls. The general r•i•rve8 ar• Toquired for wo￿n9 CW purFTh88. Tho g8ngr81 r8s•p4•S Stotrj at £49,246 8131 Jarwjary 2021 {2020'. £46.3301. The tnJ8tth8 ￿116¥0 that thi• 18 8uffio•ntto •n8bl•th• C￿lty toe¢)ntinu8 it8 x41vit￿. Tro trWI•￿ b•tknv• that Ihl8 level of re8ervg8 wlll support any Lmfrrfe8￿ reduc1k￿ kn the by the dwrity. InvMtm•nt po Under the de8d the <*8rfty tho pwwto mtho any thè InAt88• ￿ fft. Page 2 Holford Drf￿ Comrnunlty Sport¥ Umltod Roport of tho Tru•tee#. contSnu•d for th• Y•ar Ended 31 January 2021 REFERENCE AIID ADMINISThATNE DETAILS R•gl8t8r•d ¢h•i1ty nurnl 1153926 R•gl•tered offic• •ddr• 101 Holford Drfve Bimlngham gl Midland• B42 2TU Tru•t• LM￿8 D S8vryern J Homer E Codrington P Hamlth)- r88kni•d 1 AP￿ 2020 R Sk¥ltw- I￿9n￿d 17 J￿8 2021 K John 8 Hazol Ind•p•nd•nt•xamln•r Adam Law FCCA utopia A￿aUnting Lwnlted 12 The Falrways Walmley SLrtton cO￿fi We8t Mldlan B76 1FZ STATEMENT OF TRUSTEES RESPON8181LmES The tfU8tees are responsitr4e from preparing the Report of thtr TnMtee8 and the Ilnanci￿ 8tal•m•nts In ac¢Offlar￿ wlth appllcable and Unlt8d KOngdc¥n kn￿n￿l9 Stsnd8rf8 (Unlt8d Ktngtkn Genoralty Accaptod A￿oun￿n9 Practlce), including FIna￿￿91 ReForlvig Standgrd 102 Tr FinOw￿ Ropryting str￿￿[d applicabl8 in Iha UK and Republic ol Ir8lan(r. Th•14w 4pplkabl• lo chari15•1 in Engl•nd ar￿ ￿181, Charths Act 2011. Charity {Attaunt8 4nd Rèport81 Reoulallon¥ 2LK18 and the ￿￿0VIs￿n8 oft￿l[ust deod require8 the trU￿et8 to prtpartllnanckg18tatements fore8¢h fln8nclg1 yoor whlch glvg a true and falr vlw of ￿ $tate of affairs of the tharity and of the irKgxning resou￿*$ ond applic8b.on of resources. induding Iho Mi¢om• •xp•ndbturn, of th• ctroray for that pe￿￿. In ￿80 ffin•nO1￿ •la¢•m•nt8 the Iru8t are requlred to obseNe the methods in Charity SORP.. make judgements and estimate8 Ih8t are re8wn8bl• 8rkl state whether appIl￿ble accounlirKJ 8taThlath have bwi to any mat•rial departur•• dhdg••d and expl8ln•d in th8 fina￿81 stat•monts', prepare the flnando18l8tsm￿ts w thè gokng c#)rMxm bAfls tt 16 in8Fvopth to Fxo•thn• th•t th• ¢hty WUI continue In bulln￿8. The tru8te88 are re8ponside tr kfjepin9 pfoFer axountiig rec¢rd$ 1ti8do8e with r￿onabl• accuracy al any tima the ffinancial p￿rtsOn of the tharity and to them to ￿sure that the IIna￿al Stalem￿ts ￿MplY with thè Charill86 Act 2011. t￿ Charfty (Acc￿nts and Ropjts) Regulath)n6 2rxo and thg of th¥ tru$1 d8od. They are al80 r•spon81blo for safe9L￿¥￿in9 tho assets of the d￿rity and h￿ce for t*itW ￿SOnabl* stép8 for the prevention and deteCtIc￿ of fraud and oth•r Iwular￿e8. Appro¥•d by ord•r of the l*ja￿ of tnAte•J on 2021 Iignfyl on its behalf by.. B Hazel. TrL*la8 Page 3 Indepnd•nt Examinerfs R•wtto the Trustees of Holford Drfvo commun￿ Sport8 Hub Umit Wo rekxjrt on the acc4)unts forthe year￿ded 31 J&)u8ry 2Q1 set ¢xA on pag8s 5 to 10. RMpOCO￿ re￿￿n*1b1l1Ufj• of and •x•mlnor The Cha￿￿3 Irusle88 (who are ￿s0 the direi#ors ts the purposes of ¢crfnpany l&w) are resporoiblg for the preparation of the accounts. The charitys trustees ¢xn$ld¢rthat an audtt Tr)trequlr•JlorthM year{under Secttrjn 144(21 ofthe Chariti Act 2011 {th0 2011 P¢t)) #nd that an Ir￿epan￿ is rewirthj. Having 8titisf￿d Ourse￿ that the d￿rity is nat SLknitid to 8LhJil WKIW ¢￿￿party law ellglbl8 Ind¢pen(lent mInat￿. it18 our r88wisbilty t+ examine the accounts undar Seckn 145 of th& 2011 P lo folk)w the kYo¢•dure3 laid dulm in the Gen•rd D5r**irM gw by the Charfty CommL88k)n lurvJ8r Se(Ilon 14515){b) ofthe 2011 Actl., B••l• of th• Inknnd•nt •xamln•e• Y•port Our •x•minalion wa8 cathed In owd•nrAJ tho Gen8ral DIr￿ 9t￿ Chaffty CommS1thn. An fjxamlnafjon Includè8 a T￿￿￿of Ihe a¢¢ourth"ng kept ty Ihechaiity arml a comparison ofthe a¢countB pre8ent8d with thoafj rfjcord8. It aL80 Indude8 w$kl¥ratlon of any unusual rterns or dt8dosure$ in th• accounts, and seeking expl8nth'on8 frcth you 4$ Iwt088 concamir4 any wjch fflatt8r8. The prc¢adur06 undèrtaken do not provid& 811 tho eWdencè thai would be required in an audrt. arkl corK%eqLwty no opthii￿ 18 gNen u to wh8th8r the pr••• 'Irug and falr tho r8wl18 limltod to th080 mattern 8èt in thé 8tatsments belryw. Ind•p•nd•nt •x*mln•e• •tstsm•rt In conn8¢th)n wmh our examlnetkjn, no rrAtter hal to attw)tkn: (1) whkh gw u8 r•asonabb cau8e to tW, In ￿ matertBI reBP*t. the requlr8ment8 to koop *xounting r8tord# In acc4yrd8￿0 *ith S•cOon 386 8nd 387 oftho Compgn509 Act 20￿.. 8nd to weparn ac£ounts whl¢h wlth ¥QXLrfltyJ r￿r￿s, c*)MFtyvhth the ￿cOuntIng r8qulr•ments of Section8 394 And 395 of Acl 2Cth •ThJ with th• m•tl)tra8 and prin¢ip1•8 of th& Statement of R￿)mMer￿￿ed PraGtKe'. kcounong and Rep￿r￿d by Chathls8 hav• nol ￿en met; or I lo vthlch. In our oplnkn, ai1th￿ SI￿ld be drthvn kn 0Th18r to en•blo a undwtsidts¥ of thè to Adam Lww FCCA Ulopla A￿oUn￿n9 Llnthd 12 Th• Falrway$ Walml Sutton Coldfi6ld B761FZ 28 October 2021 Holford Drlvo Communlty Hub Lknlt•d Ststsment of Financlgl A¢tivit for th• Year Endod 31 thnuary 2021 2021 2020 Unre6trictsd Re¥tric*ed Tot•1 fvn￿ Total funds INCOME FROM The Lottery Fund English Sports CourKII Loltay Fund South and Cty Cdlfjgo 8imiingh8m England ond W8188 Crfcket Tw8t Donation8 10.CKKI 10,CJXI 29,950 250 33,289 35,020 oth8f inco Total 03,499 EXPENDITURE ON Charftabl• actmtl Oireci charit8Ne expendiknr• Grants lo in811lLts￿1 Other Totsl 42,104 47,104 38.191 NEf INCOMEIIEXPENDMIRE) 2,918 2.918 25.308 Trnn•f•r• b•I￿n bluKI• N•t mo¥•m•nt In fvnd• 2.918 2,918 25.308 RECONCIUAnON OF FUNDS Totsl fuMl• brought forw•vd 19.580 85. 40.582 TOTAL FUNDS CARRIED FORWARO CONTINUING OPERATIONS All income and exFenditure has from conlknulNJ aclivlb￿. Holforil Drlv• Communlty Hub LknJt•d Balance 8ho•t At 31 Janu•ry 2021 20201 Unrastric￿ Restri￿ Total fund8 Totsl 2020 FIXED ASSETS Towble a88ets 2.031 2,831 3.186 CURRENT A88Ers D&blor¥ Ca8h at bank 18.8TI 18.8TI 7.104 19.580 72.783 85,540 CREDtTORS Amounts falllng due *lthkn one yoar (6,808) 16.008) 12,816) NET CURRENT ASSETS TOTAL A88ETS LES8 CURRENT LIABIUTIES 49.246 19,5 es,8 NEf A88ET8 FUNDS Unrestrictéd fund•.' General fijnd Re8trlcted fur 19,5 19,& TOTAL FUND8 F+X ts ffinancaal year 31 JAnufiry 2ff21 tm chartty to •xwsthn from audlt undw a￿￿0n 477 of th• Com￿n￿ Act 2fth rtlaung to ￿n￿l eomwle•. Tru•tM• rn•poTh•lblllti Tho membors have not th? ¢h•rity to ol*ain ￿ •Mlit of its for fv yw kn ¢JwUon kn accordance vhlh tsédon 476,. ond Tho tru8ts8s ackrMyA8thJo th8ir reswsiblity for thg thè Ad wilh Mpxl lo x¢>)unllng retsxds and the prepara11￿ of acts￿Ats. Those aTr)Jurts be￿ wwr•d kn wxordgrTh *ryth the yMic•)s aNAkable to compan1•$ Iubpct lo IIKI 8ffAII ccrfnpanie8 regim6. The financial st4tem•nl8 vMr• apprMd lry Ihe Bowd clTrto18os on 28 Octctsr 2021 w8r8 sh3n*J on kn behawby.. D s8wrn-Tr￿18e J Honw. Tn￿the continuod... Holford Dr1￿ Community Sports Hub Lwnit•d Nots8 to the Flnanclal Ststoments fr*r the Year End￿ 31 January 2021 ACCOUNTING POUCIES Stattrtory Inforniatlon Holford Drr4e Community Sp￿$ Hub Lkntsd w 8 dwiilable f>)mpany limited by gL4r8ntse and i# wKorwatsd in Ihe United lth"ngdom {EngLand and Wales). The rrystored offlc* athJrns8 and I)1￿.0nd *JdreBo is 101 Hoiford Drfv8, Blmiinglwn, West Midknds, B42 2TU. Ba•1• of pryrlng th• fln4nclal •tst•m•r The Ilnandal stslements of tr* charty, which is • b￿fft ￿tity under FRS 102, hav• been prep*•d in acc￿r￿¢¥ with the Chaiili8s SORP (FRS 102) 'A0)￿nting and Rep)rUng by Charitb&.' Ststsmenl of Reeommgnd¢Jar ro8lthtwJ pUr[rf)￿ the Obs￿ of th• th*lty. R￿triC￿l Publ1¢ b•n•flt •nUty The charfty meets th• of a t*ndlt under FRS 102. Amots and Ila>1￿ are Inhlally ¢ognlsed 81 hi$tork81 cost or transac1k￿ ¥￿ue unlem ot1￿11￿ stat•d kn th& relevant ￿)UntIng polwlMIt. Qolng ¢on¢wn Based on the monetary a•s•ts •nd r•8ources availth at 31 J￿U￿Y 2(r21. thè tm&t￿6 bar￿ that tho chaiity 18 8 going coneém. VAT Slt)ca the charfty18 n¢AVAT registernd, all Inwrt VAT18 chargwj 7hilh tho Qxpenses to it refers. Holford Drlv• C*)mmunlty Sports Hub Llmlted Notes to th• Fin•ncial Stat•m•nl#. ¢onllrw•d lor the Year End•d 31 January 2021 DONATIONS AND LEGACIES 2020 Th• Big Lottwy FuThJ Eng118h SForts COLIKI Lots￿ Fu￿j Donation8 10.(MJ) 250 CHARITABLE ACTIVITIES CO8T8 Fundlng Toto18 Dir8Ct Charitab￿ expondlhn Grants lo in8ItLStiono SUPPORT C0318 Totol Othér r•wrcw •xp•nd•d Support ¢o•ls, Ir￿1￿￿ kn thg •bo¥•. w• u folcM8: 2020 Oth•r resourc68 Premlw r￿￿Ing R¢palrs ond ren8wals Computer running o)sts Telophone Sundry expense Acojuntancy Profe8sion81 fees Depreaation 20.bV) 10,855 23,474 9,707 1,019 1.655 Hollord Drfv• Ctynmunlty Sports Hub Urnlled Notes to th• FlnanciaE 8tatsm8nts. ¢ontIn￿d forth• Year Ended 31 Janu•ry 2021 TRUSTE￿ REMUNERATION AND BENEFrr8 Dudng the year endwj 31 Jarwary 2021 thwe *Tre Th) Inth expet)se8 (2020.. NII. TANGIBLE FIXED A8SErs Flxture8 & Fittings COST OR VALUATION Al l Fetjruary 2020 Additw)n$ 5,356 At 31 Janwy 2021 DEPRECIATION At 1 F8bNary 2020 Provided ￿rir¥j th8 year 2,190 At 31 Janwy 2tr21 IIET BOOK VALUE At 31 January 2021 At 31 Janw 2020 DEBTORS 2020 Trada debtor8 Prepaymont$ ar#J ar%rU￿ incor Othw dèfrtorn 10.788 7,104 P8ge 9 Holford orf￿ Communlfy Sports Hub Lknll•d Nots? to th• Flnan¢lal Statements. ¢ontlrn*d forth• Ye•r End•d 31 January 2021 CREThTORS: Amovpifs FALUNG DUE VfftIN OME YEAR 2020 AccnM18 and dof•rred in￿r Olh¢r credltor8 2.816 IOVEMEMT IN FUNDS At 1.220 In fund8 betwo•n furKI• At 31.1.21 Unr••trl¢t•d lund• General fijnd 2.918 49,248 Rmtrlctsd fund• SIB fund Englar*J ￿K1 Wth8 Crkk•t TnJ•l BCC- ground m•Int￿ar￿* Englmh sF￿ts Courd Lottery 7.580 TOTAL FUND8 Nét m(y4•m•rt In ￿nd•. IrKILh*l kn tr• •bw a8 fr*ATh'. Galnts and M0￿M￿l In lundi UnrMtrl¢t¢d fund• Gonernl fund (42.1041 2,916 Re•trl¢tsd fvnd• SIB fvnd Engl8nd Crk*8t Tnj BCC- gr￿nd maintenance Englhh Sporti CoLwKI Lottery Fu￿* (5.(th) TOTAL FUNDS 10. CONTING￿ UABILMES Pago 10