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2023-03-31-accounts

Charity registration number 1155238

Company registration number 08715810 (England and Wales)

NORTH YORKSHIRE SPORT LTD

ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

NORTH YORKSHIRE SPORT LTD

CONTENTS

Page
Legal and administrative information 1
Trustees' report 2 - 5
Statement of trustees' responsibilities 6
Independent auditor's report 7 - 9
Statement of financial activities 10 - 11
Statement of financial position 12
Statement of cash flows 13
Notes to the financial statements 14 - 30

NORTH YORKSHIRE SPORT LTD

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees Alan Graver (Resigned 11 August 2022)
Tony Stephens
Gemma Mann (Resigned 11 August 2022)
Richard Carlton Crabtree (chair)
Halima Khan
Sally Skipper (Resigned 6 March 2023)
Jude Knight (Resigned 1 June 2022)
Liz Burdett
Andy Dukes
Simon Clegg
Jack Matthews (Appointed 16 February 2023)
Rob Hurren (Appointed 18 May 2023)
Abigail Young (Appointed 18 May 2023)
Nichola Skedgel (Appointed 18 May 2023)
David McLean (Appointed 18 May 2023)
Chief Executive & Key Management Personnel Mr D Watson
Charity number 1155238
Company number 08715810
Auditor JWPCreers LLP
Genesis 5
Church Lane
Heslington
York
YO10 5DQ
Bankers Unity Trust Bank Plc
Nine Brindley Place
4 Cozells Square
Birmingham
B1 2HB

NORTH YORKSHIRE SPORT LTD

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 MARCH 2023

The trustees present their annual report and financial statements for the year ended 31 March 2023.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charitable company's governing document, 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 published in October 2019".

The legal and administrative information page forms part of this report.

Objectives and activities

The objects of North Yorkshire Sport Limited as set out in the Articles of Association are:

North Yorkshire Sport Limited uses Sport as a Driver for Positive Change, prioritising 5 areas to achieve its charitable objectives:

DELIVERING PUBLIC BENEFIT

The objects above are the charitable aims of North Yorkshire Sport Limited and fall within the recognised descriptions of charitable purposes in the Charities Act 2011 namely the advancement of health and the advancement of amateur sport. All activities are intrinsically linked to achieving these aims for the public benefit. Significant activities and achievements against targets can be found in the North Yorkshire Sport Impact Report at: https://www.northyorkshiresport.co.uk/impact.

In setting these objects the Board of Trustees of North Yorkshire Sport Limited have complied with the duty to have due regard to the guidance on public benefit published by the Charities Commission in exercising their powers or duties.

Achievements and performance

Our work is driven through the five identified priority groups that we direct our resources towards in order to tackle physical inactivity, drive positive change and reduce inequality.

These priorities, categorised broadly as 'Place Based' and 'People Based', are further defined when set in the context of physical inactivity and wider societal challenges.

Six strategic goals underpin our priorities:

These strategic goals are designed to guide our work, using sport and physical activity as a contributory factor to three of the main challenges facing the region; namely obesity, poverty and an ageing population.

NORTH YORKSHIRE SPORT LTD

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023

Creating Opportunities for Sustained Participation

Our business plan outlines the five overarching priorities of our work. Each priority is accompanied by a strategic goal and an action plan, focusing on specific demographics.

Priority 1: Targeted Areas

North Yorkshire is a vast geographical area, covering rural, urban, and coastal communities. Whilst it is often viewed externally as an affluent and healthy county, inequalities do exist that we need to work collectively to address.

Health inequalities in North Yorkshire are usually consistent with other challenges, such as higher crime rates, unemployment, and low activity levels. Within our targeted work we focus on reducing health inequalities in the areas of highest need, as identified by partners, local insight, and Indices of Deprivation data.

Priority 2: The Great Outdoors

The natural environment and the great outdoors are a huge asset in North Yorkshire and our second strategic goal aims ‘to use the natural environment as a catalyst for wider health improvements’.

We know that the outdoors can have hugely positive effects on our health, with 92% of people reportedly getting active outside to relax and de-stress and 80% of all outdoor users feeling participation strengthens family relationships.

Priority 3: Children and Young People

Our third strategic goal is ‘to contribute to children and young people fulfilling their potential and feeling healthy and happy’ and this requires a sport and physical activity offer that appeals to a broad range of young people if we are to reduce inactivity.

Priority 4: Work-Age Adults and Families

Our fourth strategic goal is ‘to support improvements in the health and economic stability of work age adults and families’ and our work in this area uses the principles of sport and physical activity to raise aspiration, confidence, and resilience.

Supporting adults to be more physically active has many individual benefits, from improving mental and physical health, to developing the softer skillsets that can positively impact employment opportunities.

Families also play a key role in shaping a child’s attitudes and behaviours, so modelling positive behaviours is an important part of creating healthy, confident, active children.

Priority 5: Older People

Our fifth strategic goal is ‘to contribute to people ageing well and staying younger for longer’.

In North Yorkshire, older people (aged 65+) make up 23.3% of the population, compared to just 17.7% across England. Office of National Statistics (ONS) projections indicate that the number of over 65 ‘s in North Yorkshire will rise to 169,000 (27.6%) by 2025, making up almost a third of our population.

Good Governance

Our sixth strategic goal is ‘to strengthen our organisational sustainability and maintain the principles of good governance and industry standards.

We are committed to maintain the Code of Good Governance standards and maintain a plan of continuous improvement and development.

The impact we have made against each Priority area and Strategic Goal can be viewed and read about here: https://www.northyorkshiresport.co.uk/impact

Fundraising

North Yorkshire Sport follows the Code of Fundraising Practice (www.nysfundraising.co.uk).

During 2022/23, North Yorkshire Sport received income through charitable donations linked to sponsorship of events.

We are pleased to report that no complaints were received during the year ended 31st March 2023.

NORTH YORKSHIRE SPORT LTD

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023

Financial review

We have generated £1,706,432 of income in the year and expended £1,605,858 on delivering our charitable objectives.

This resulted in a net surplus for the year of £100,574. After transfers between funds this resulted in a surplus in unrestricted general funds of £123,464, a surplus in designated funds of £3,249 and a loss of £26,139 in restricted funds.

Trustees were pleased with the overall result for the year.

Reserves Policy

Current free reserves stand at £492,510 (2022: £343,825).

The Trustees have agreed that it is necessary to hold free reserves to cover the following contingencies:

The Trustees consider that a reserve of £50,000 in excess of those held over to cover contingencies that have been nominally allocated against the development of Bilton Health and Wellbeing Hub.

Principal Funding Sources

Sport England is the key funder for the partnership. This year an amount of £470,550 was received for Primary Role with a number of projects highlighted benefitting from further Sport England funding.

Auditors

JWP Creers were appointed as the charitable company’s auditors during the year 2022/23.

Structure, governance and management

North Yorkshire Sport Limited is a charitable company limited by guarantee, incorporated on 2 October 2013 and registered as a charity on 8 January 2014. The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association. In the event of the dissolution of the Charity, the Members are liable to pay an amount not exceeding £1 towards the liabilities and costs of dissolution.

The process and procedures for the Members can be found in the Articles of Association and Governance document for the company.

The Trustees of the Charity have control of the Charity and its property and funds. All Trustees are by virtue of their appointment also Members of the Charity and no other person other than a Trustee may be admitted as a Member of the Charity. As at the 31 March 2023, the subscribers to the Memorandum of Association were still the only Trustees.

The Board can have a maximum of twelve Trustees at any one time and as at 31 March 2023 was made up of seven members. Day to day responsibility for the administration and provision of services is delegated to the Chief Executive.

During the year 2022/23, the Finance Sub-Committee continued to focus on the finance and risk management of the whole Charity. During the year the Finance Sub-Committee have reviewed the Risk Management Register on items that relate to finance and kept a close eye on the finances of the Charity. With the Finance Sub-Committee looking at these two areas at regular meetings it has allowed the main Board of Trustees to focus in greater detail on other areas including the potential growth of the Charity and measuring and demonstrating Impact.

The Risk Register is reviewed by the whole Board of Trustees on an annual basis and any items requiring action are highlighted at Board meetings.

During the year 2022/23, the Human Resource subcommittee has provided advice and guidance on staff related issues. This has included reviewing appraisals, making remuneration recommendation to the Board and review of policies and procedures relating to staff. Similarly, to the Finance Sub-committee, this has allowed the main Board to have confidence that staffing issues are being considered regularly by Trustees.

https://www.northyorkshiresport.co.uk/roles-and-responsibilities

https://www.northyorkshiresport.co.uk/meetthetrustees

NORTH YORKSHIRE SPORT LTD

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023

Disclosure of information to auditor

Each of the trustees has confirmed that there is no information of which they are aware which is relevant to the audit, but of which the auditor is unaware. They have further confirmed that they have taken appropriate steps to identify such relevant information and to establish that the auditor is aware of such information.

The trustees' report was approved by the Board of Trustees.

Richard Carlton Crabtree Signed on 29/08/23 @ 10:33

Richard Carlton Crabtree (chair) Trustee

17 August 2023

NORTH YORKSHIRE SPORT LTD

STATEMENT OF TRUSTEES' RESPONSIBILITIES FOR THE YEAR ENDED 31 MARCH 2023

The trustees, who are also the directors of North Yorkshire Sport Ltd for the purpose of company law, are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company Law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year.

In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

NORTH YORKSHIRE SPORT LTD

INDEPENDENT AUDITOR'S REPORT

TO THE MEMBERS OF NORTH YORKSHIRE SPORT LTD

Opinion

We have audited the financial statements of North Yorkshire Sport Ltd (the ‘charitable company’) for the year ended 31 March 2023 which comprise the statement of financial activities, the statement of financial position, the statement of cash flows and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion, the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the annual report other than the financial statements and our auditor's report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of our audit:

NORTH YORKSHIRE SPORT LTD

INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF NORTH YORKSHIRE SPORT LTD

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the directors' report included within the trustees' report.

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

Responsibilities of trustees

As explained more fully in the statement of trustees' responsibilities, the trustees, who are also the directors of the charitable company for the purpose of company law, are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the charitable company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Auditor's responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below.

NORTH YORKSHIRE SPORT LTD

INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF NORTH YORKSHIRE SPORT LTD

The objectives of our audit, in respect to fraud are to identify and assess the risks of material misstatement of the financial statements due to fraud and obtain sufficient appropriate audit evidence regarding the assessed risks of material misstatement due to fraud, through designing and implementing appropriate responses, and to respond appropriately to fraud or suspected fraud identified during the audit. However, the primary responsibility for the prevention and detection of fraud rests with both those charged with governance of the entity and management.

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.

A further description of our responsibilities is available on the Financial Reporting Council’s website at: https://www.frc.org.uk/ auditorsresponsibilities. This description forms part of our auditor's report.

Use of our report

This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company’s members as a body, for our audit work, for this report, or for the opinions we have formed.

N P Clemit Signed on 05/09/23 @ 07:59

Nigel Clemit ACA FCCA (Senior Statutory Auditor) for and on behalf of JWPCreers LLP

.........................

Chartered Accountants Statutory Auditor

Genesis 5 Church Lane Heslington York YO10 5DQ

NORTH YORKSHIRE SPORT LTD

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 MARCH 2023

Current financial year
Unrestricted
Unrestricted
Restricted
funds
funds
funds
general
designated
2023
2023
2023
Notes
£
£
£
Income from:
Donations and legacies
3
-
6,576
-
Charitable activities
4
542,281
-
1,147,558
Investments
5
10,017
-
-
Total income
552,298
6,576
1,147,558
Expenditure on:
Charitable activities
6
447,348
3,327
1,155,183
Total charitable expenditure
447,348
3,327
1,155,183
Net incoming/(outgoing) resources before
transfers
104,950
3,249
(7,625)
Extraordinary items
12
-
-
-
Gross transfers between funds
(31,486)
50,000
(18,514)
Net income/(expenditure) for the year/
Net movement in funds
73,464
53,249
(26,139)
Fund balances at 1 April 2022
371,087
62,063
409,442
Fund balances at 31 March 2023
444,551
115,312
383,303		 Total
2023
£
6,576
1,689,839
10,017
1,706,432
1,605,858
1,605,858
100,574
-
-
100,574
842,592
943,166		 Total
2022
£
4,846
1,415,418
2,763
1,423,027
1,344,483
1,344,483
78,544
(14,784)
-
63,760
778,832
842,592

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.

NORTH YORKSHIRE SPORT LTD

STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED) INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 MARCH 2023

Prior financial year
Unrestricted
Unrestricted
Restricted
funds
funds
funds
general
designated
2022
2022
2022
Notes
£
£
£
Income from:
Donations and legacies
3
486
4,360
-
Charitable activities
4
293,566
-
1,121,852
Investments
5
2,763
-
-
Total income
296,815
4,360
1,121,852
Expenditure on:
Charitable activities
6
309,585
-
1,034,898
Total charitable expenditure
309,585
-
1,034,898
Net incoming/(outgoing) resources before transfers
(12,770)
4,360
86,954
Extraordinary items
12
(14,784)
-
-
Gross transfers between funds
35,660
-
(35,660)
Net income/(expenditure) for the year/
Net movement in funds
8,106
4,360
51,294
Fund balances at 1 April 2021
362,981
57,703
358,148
Fund balances at 31 March 2022
371,087
62,063
409,442		 Total
2022
£
4,846
1,415,418
2,763
1,423,027
1,344,483
1,344,483
78,544
(14,784)
-
63,760
778,832
842,592

NORTH YORKSHIRE SPORT LTD

STATEMENT OF FINANCIAL POSITION AS AT 31 MARCH 2023

Notes
Fixed assets
Tangible assets
13
Current assets
Debtors
14
Cash at bank and in hand
Creditors: amounts falling due within one year
15
Net current assets
Total assets less current liabilities
Income funds
Restricted funds
17
Unrestricted funds - designated
18
Unrestricted funds - general		 2023
£
172,123
917,455
1,089,578
(169,312)		 £
22,900
920,266
943,166
383,303
115,312
444,551
943,166		 2022
£
29,351
837,624
866,975
(51,645)		 £
27,262
815,330
842,592
409,442
62,063
371,087
842,592

The financial statements were approved by the Trustees on 17 August 2023

Richard Carlton Crabtree

Signed on 29/08/23 @ 10:33

Richard Carlton Crabtree (chair)

Trustee

Company registration number 08715810

NORTH YORKSHIRE SPORT LTD

STATEMENT OF CASH FLOWS

FOR THE YEAR ENDED 31 MARCH 2023

Notes
Cash flows from operating activities
Cash generated from operations
24
Investing activities
Investment income received
Net cash generated from investing activities
Net cash used in financing activities
Net increase in cash and cash equivalents
Cash and cash equivalents at beginning of year
Cash and cash equivalents at end of year		 2023
£
10,017		 £
69,814
10,017
-
79,831
837,624
917,455		 2022
£
2,763		 £
71,940
2,763
-
74,703
762,921
837,624

NORTH YORKSHIRE SPORT LTD

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

1 Accounting policies

Charity information

North Yorkshire Sport Ltd is a private company limited by guarantee incorporated in England and Wales. The registered office is stated in the Trustees’ Report.

1.1 Accounting convention

The financial statements have been prepared in accordance with the charitable company's governing document, the Companies Act 2006, "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) (issued in October 2019)" and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102).

The charitable company is a Public Benefit Entity as defined by FRS 102.

The financial statements are prepared in sterling, which is the functional currency of the charitable company.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value.

The principal accounting policies adopted are set out below.

1.2 Going concern

At the time of approving the financial statements, the trustees have a reasonable expectation that the charitable company 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 financial statements.

1.3 Charitable funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.

Designated funds comprise funds which have been set aside at the discretion of the trustees for specific purposes. The purposes and uses of the designated funds are set out in the notes to the financial statements.

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 Income

Income is recognised when the charitable company 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.

In-kind donations are only included in income where the benefit to the Charity is reasonably quantifiable, measurable and material. The value placed on these resources is the estimated value to the Charity of the service or facility received.

1.5 Expenditure

Expenditure is recognised on an accruals basis when a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is included as part of the expenditure to which it relates.

Charitable expenditure comprises those costs incurred by the Charity in the delivery of its activities and services for its beneficiaries. It includes both the direct costs and support costs relating to such activities.

Governance costs include those costs associated with meeting the constitutional and statutory requirements of the Charity and include its audit fees and costs linked to the strategic management of the Charity.

Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources.

NORTH YORKSHIRE SPORT LTD

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023

1 Accounting policies

(Continued)

1.6 Tangible fixed assets

Tangible fixed assets 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:

Modular building

10% straight line

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.

Individual assets consisting £5,000 or more are capitalised at cost.

1.7 Impairment of fixed assets

At each reporting end date, the charitable company 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).

1.8 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.9 Financial instruments

The charitable company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the charitable company's balance sheet when the charitable company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are measured at transaction price including transaction costs.

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are recognised at transaction price.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the charitable company’s contractual obligations expire or are discharged or cancelled.

1.10 Taxation

As a registered charity the organisation is exempt from income and corporation tax falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that its income and gains are applied towards the charitable objects of the charity and for no other purpose.

1.11 Company Status

The charity is a company limited by guarantee. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity.

NORTH YORKSHIRE SPORT LTD

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2023

2 Critical accounting estimates and judgements

In the application of the charitable company’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 and legacies

Unrestricted Unrestricted Unrestricted Total
funds funds funds
designated general designated
2023 2022 2022 2022
£ £ £ £
Donations and gifts 6,576 486 4,360 4,846
Core Services
Children and
young people
Active
communities
Health and
wellbeing
2023
2023
2023
2023
£
£
£
£
Sport England (System
partner investment)
470,550
-
-
-
LA Contributions
35,000
-
-
-
Other grants
110,462
-
-
-
Training, events &
coaching fees
13,130
-
-
-
Room hire
23,601
-
-
-
Grants
-
596,446
204,322
216,769
Service fee
-
-
19,559
-
652,743
596,446
223,881
216,769
Analysis by fund
Unrestricted funds - general
542,281
-
-
-
Restricted funds
110,462
596,446
223,881
216,769
652,743
596,446
223,881
216,769		 Total
2023
£
470,550
35,000
110,462
13,130
23,601
1,017,537
19,559
1,689,839
542,281
1,147,558
1,689,839		 Total
2022
£
216,578
30,000
68,503
18,396
19,092
1,032,873
29,976
1,415,418
293,566
1,121,852
1,415,418

NORTH YORKSHIRE SPORT LTD

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023

4 Charitable activities

(Continued)

For the year ended 31 March 2022

Core Services
Children and
young people
Active
communities
Health and
wellbeing
£
£
£
£
Sport England (System partner investment)
216,578
-
-
-
LA Contributions
30,000
-
-
-
Other grants
68,503
-
-
-
Training, events & coaching fees
18,396
-
-
-
Room hire
19,092
-
-
-
Grants
-
715,167
200,480
117,226
Service fee
-
-
29,976
-
352,569
715,167
230,456
117,226
Analysis by fund
Unrestricted funds - general
293,566
-
-
-
Restricted funds
59,003
715,167
230,456
117,226
352,569
715,167
230,456
117,226		 Total
2022
£
216,578
30,000
68,503
18,396
19,092
1,032,873
29,976
1,415,418
293,566
1,121,852
1,415,418

5 Investments

Interest receivable

Unrestricted Unrestricted
funds funds
general general
2023 2022
£ £
10,017 2,763

NORTH YORKSHIRE SPORT LTD

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023

6 Charitable activities

Core Services
Children and
young people
Active
communities
Health and
wellbeing
2023
2023
2023
2023
£
£
£
£
Staff costs
476,083
132,274
59,277
61,519
Direct costs
5,996
408,471
176,289
111,325
482,079
540,745
235,566
172,844
Share of support costs (see
note 8)
72,802
69,869
16,755
10,978
Share of governance costs
(see note 8)
1,803
1,731
414
272
556,684
612,345
252,735
184,094
Analysis by fund
Unrestricted funds - general
447,348
-
-
-
Unrestricted funds -
designated
3,327
-
-
-
Restricted funds
106,009
612,345
252,735
184,094
556,684
612,345
252,735
184,094
For the year ended 31 March 2022
Core Services
Children and
young people
Active
communities
£
£
£
Staff costs
243,171
234,146
107,031
Direct costs
16,073
359,079
86,482
259,244
593,225
193,513
Share of support costs (see note 8)
110,322
3,996
12,462
Share of governance costs (see note 8)
3,835
-
-
373,401
597,221
205,975
Analysis by fund
Unrestricted funds - general
309,585
-
-
Restricted funds
63,816
597,221
205,975
373,401
597,221
205,975		 Total
2023
£
729,153
702,081
1,431,234
170,404
4,220
1,605,858
447,348
3,327
1,155,183
1,605,858
Health and
wellbeing
£
58,281
107,530
165,811
2,075
-
167,886
-
167,886
167,886		 Total
2022
£
642,629
569,164
1,211,793
128,855
3,835
1,344,483
309,585
-
1,034,898
1,344,483
Total
2022
£
642,629
569,164
1,211,793
128,855
3,835
1,344,483
309,585
1,034,898
1,344,483

NORTH YORKSHIRE SPORT LTD

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023

7 Charitable activities

(Continued)

Unrestricted
funds
Restricted
funds
2023
Unrestricted
funds
Restricted
funds
2023
2023
2022
2022
£
£
£
£
£
Staffing cost
391,208
387,412
778,620
214,047
463,220
Travel & expenses
5,887
17,130
23,017
929
20,467
Delivery costs
11,423
690,870
702,293
15,190
532,678
Premises costs
17,035
22,838
39,873
23,250
1,169
General admin expenses
23,319
34,516
57,835
52,334
17,364
Governance
1,803
2,417
4,220
3,835
-
450,675
1,155,183
1,605,858
309,585
1,034,898
8
Support costs
Support costs
Governance
costs
2023 Support costs
Governance
costs
£
£
£
£
£
Staff costs
49,467
-
49,467
34,637
-
Depreciation
4,362
-
4,362
4,362
-
Premises
35,511
-
35,511
24,419
-
Telecoms and IT
23,149
-
23,149
33,110
-
Insurance and other financial
costs
25,172
-
25,172
20,248
-
Other office costs
1,851
-
1,851
12,079
-
Travel & expenses
13,183
-
13,183
-
-
Delivery costs
17,709
-
17,709
-
-
Governance and audit
-
4,220
4,220
-
3,835
170,404
4,220
174,624
128,855
3,835
Analysed between
Charitable activities
170,404
4,220
174,624
128,855
3,835
9
Auditor's remuneration
Fees payable to the charitable company's auditor and associates:
2023
£
Audit of the charitable company's annual accounts
4,000		 2022
£
677,267
21,396
547,868
24,419
69,698
3,835
1,344,483
2022
£
34,637
4,362
24,419
33,110
20,248
12,079
-
-
3,835
132,690
132,690
2022
£
3,700

NORTH YORKSHIRE SPORT LTD

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023

10 Trustees

Neither the Trustee Board nor any persons connect with them received any remuneration during the year, or in the previous year.

No trustee was reimbursed expenses in this year or the previous year.

No trustee or other person related to the Charity had any personal interest in any contract or transaction entered into by the Charity during the year, or in the previous year.

11 Employees

The average monthly number of employees during the year was:

Calculated on the basis of full-time equivalents
Actual numbers
Employment costs
Wages and salaries
Social security costs
Pension costs
Secondments		 2023
Number
20
29
2023
£
631,289
54,227
55,417
37,687
778,620		 2022
Number
17
24
2022
£
542,285
48,146
50,409
36,427
677,266

Pension contributions are paid into a defined contribution scheme. Accrued contributions due at 31 March 2023 totalled £7,339 (2022: £7,063).

The number of employees whose annual remuneration was more than £60,000 is as follows:

2023 2022
Number Number
£60,000 to £69,999 1 1

Total key management remuneration for the year was £87,776 (2022: £84,748).

12 Extraordinary items

North Yorkshire Sport was the victim of an external cyber attack during the previous year leading to £14,784 being defrauded from the charity. No amounts were recovered and so the full amount was written off.

NORTH YORKSHIRE SPORT LTD

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023

13 Tangible fixed assets

Cost
At 1 April 2022
At 31 March 2023
Depreciation and impairment
At 1 April 2022
Depreciation charged in the year
At 31 March 2023
Carrying amount
At 31 March 2023
At 31 March 2022
14
Debtors
Amounts falling due within one year:
Trade debtors
Prepayments and accrued income
15
Creditors: amounts falling due within one year
Notes
Taxation and social security
Deferred income
16
Trade creditors
Accruals
16
Deferred income
Other deferred income		 Modular
2023
£
137,963
34,160
172,123
2023
£
20,953
66,456
52,086
29,817
169,312
2023
£
66,456		 building
£
43,620
43,620
16,358
4,362
20,720
22,900
27,262
2022
£
16,771
12,580
29,351
2022
£
18,441
-
3,548
29,656
51,645
2022
£
-

Deferred income is included in the financial statements as follows:

NORTH YORKSHIRE SPORT LTD

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
16
Deferred income
Deferred income is included within:
Current liabilities
Movements in the year:
Deferred income at 1 April 2022
Resources deferred in the year
Deferred income at 31 March 2023		 (Continued)
2023
2022
£
£
66,456
-
-
-
66,456
-
66,456
-
-
-
-

Deferred income relates to grants received relating to the year ended 31 March 2024.

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:

NORTH YORKSHIRE SPORT LTD

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023

17 Restricted funds

(Continued)

Movement in funds Movement in funds
Balance at Income Expenditure Transfers Balance at
1 April 2022 31 March 2023
£ £ £ £ £
Core Services
ASA 35,883 110,462 (106,009) - 40,336
Children and young people
Satellite Clubs 25,018 - (9,000) (12,893) 3,125
School Games 13,366 45,000 (39,996) - 18,370
CYP Sport England 5,681 - (8,574) 2,893 -
Achieve TEWV 4,295 - (2,808) - 1,487
Dame Kelly Holmes Get on Track Programmes 25,283 - - - 25,283
Change Direction 34,509 50,000 (24,313) - 60,196
Active Lives Survey - 12,450 (12,450) - -
Holiday Activity Fund 54,968 245,750 (250,343) - 50,375
OSF - 27,350 (27,350) - -
Richmondshire achieve (4,541) 4,791 (200) - 50
School Games CWG 25,000 1,000 (24,774) - 1,226
School Games Coordinator - 12,802 (6,895) - 5,907
Scarborough Achieve 1,343 - (1,343) - -
Stepping Up 18,540 18,750 (27,075) - 10,215
Autism Respite - 22,000 (12,937) - 9,063
Woodsmith Project - 5,850 - - 5,850
Achieve Grant (York CVS) - 6,000 (750) - 5,250
Afghan Refugee 38,956 144,703 (163,537) (10,656) 9,466
Active communities
Hambleton DC 1,014 - - - 1,014
Club Matters 1,263 - - - 1,263
Active Forest 174 12,600 (12,600) (174) -
Coaching Workforce 13,362 20,402 (23,158) (2,000) 8,606
Bike Pod 2,175 - - - 2,175
Coaching Ryedale 1,956 - (49) - 1,907
Community Fit 10,603 11,000 (23,194) - (1,591)
Ramblers - 8,000 (2,747) - 5,253
YH Learning 6,655 8,500 (5,578) 2,000 11,577
Together fund 23,621 139,211 (162,830) - 2
UK Coaching - 19,559 (19,559) - -
TOP - 4,609 (3,020) 10,000 11,589
Health and wellbeing
Action Towards Inclusion - 66,769 (58,100) (7,684) 985
Dementia Friendly Pools 6,445 - - - 6,445
TAW 4,555 - (2,341) - 2,214
Older People PA 44,871 - (2,500) - 42,371
Escape Pain 2 14,447 - - - 14,447
Get Moving - 150,000 (121,153) - 28,847
409,442 1,147,558 (1,155,183) (18,514) 383,303

NORTH YORKSHIRE SPORT LTD

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023

17 Restricted funds

(Continued)

Movement in funds Movement in funds
Balance at Income Expenditure Transfers Balance at
1 April 2021 31 March 2022
£ £ £ £ £
Core Services
ASA 40,696 59,003 (63,816) - 35,883
Children and young people
Satellite Clubs 34,563 - (9,545) - 25,018
School Games 17,924 - (4,558) - 13,366
CYP Primary link 1,461 - - (1,461) -
CYP Sport England - 203,113 (200,712) 3,280 5,681
DFE Volunteering 8,000 - (8,000) - -
Achieve TEWV 4,295 - - - 4,295
Dame Kelly Holmes Get on Track Programmes 17,607 7,676 - - 25,283
Change Direction - 45,833 (11,324) - 34,509
Active Lives Survey 1,819 - - (1,819) -
Holiday Activity Fund 33,000 36,454 (14,486) - 54,968
OSF - 194,248 (194,276) 28 -
Richmondshire achieve 7,252 15,509 (27,302) - (4,541)
School Games CWG - 41,500 (16,500) - 25,000
Scarborough Achieve - 5,000 (3,657) - 1,343
I Can 3,851 - (3,851) - -
Stepping Up - 31,250 (12,710) - 18,540
Afghan Refugee - 134,584 (90,300) (5,328) 38,956
Active communities
Hambleton DC 1,014 - - - 1,014
Club Matters 1,263 - - - 1,263
Active Forest 419 12,600 (12,845) - 174
Coaching Workforce 9,690 82,500 (78,422) (406) 13,362
Bilton Lane refurbish 7,719 5,832 (13,551) - -
Bike Pod 2,175 - - - 2,175
Coaching Ryedale 1,956 - - - 1,956
Community Fit - 16,000 (5,397) - 10,603
Ramblers - 8,200 (8,344) 144 -
YH Learning 4,418 12,240 (10,003) - 6,655
Mentoring 675 - (1,081) 406 -
Together fund 6,869 55,000 (38,248) - 23,621
Moving Communities - 8,108 (8,108) - -
UK Coaching - 29,976 (29,976) - -
Health and wellbeing
Action Towards Inclusion 23,384 39,196 (32,076) (30,504) -
Dementia Friendly Pools 6,445 - - - 6,445
NY Together 600 - (600) - -
TAW - 19,058 (14,503) - 4,555
Older People PA 57,290 - (12,419) - 44,871
Escape Pain 15,458 - - (15,458) -
Escape Pain 2 1,424 8,972 (11,407) 15,458 14,447
Get Moving 46,881 50,000 (96,881) - -
358,148 1,121,852 (1,034,898) (35,660) 409,442

NORTH YORKSHIRE SPORT LTD

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023

17 Restricted funds

(Continued)

Transfers to Satellite Clubs and CYP Sport Engalnd in 2023, and OSF and Ramblers in 2022, was from unrestricted and was due to the funds being in deficit.

Transfers from Action Towards Inclusion and Afghan Refugee are the management fees receivable as unrestricted funds.

The remaining transfers in both years were to reallocate to the new (but ultimately the same restriction) restricted fund.

Restricted funds represent monies to be used for the following specific purposes:

ASA

Funding from Swimming North East region to support club development in the North East and Yorkshire.

Satellite Clubs

The Satellite Clubs intervention is a key part of Sport England’s Youth and Community Sport Strategy 2012-17 and aims to undertake transformational change in the way that young people are supported from school, college and other relevant settings into community sport – creating a sporting habit for life. Satellite clubs are extensions of community sports clubs which are established in a new venue, usually a secondary school or college and specifically target the 11-25 age groups.

School Games

A project to increase the quality and quantity of inter school competition through NYS organising a series of county level festivals.

CYP Primary Link (2022 only)

To support the North Yorkshire and York Primary School to effectively utilise the Primary School PE Premium investment to improve the quality delivery of Physical Education and School Sport.

CYP Sport England

Investment to deliver a systemic role to encourage more children to be active. Also includes funding to deliver the School Games and Active Lives programmes.

DFE Volunteering (2022 only)

To recruit and provide training and development opportunities for young leaders aged 16 plus. Leaders will have a focus on supporting the North Yorkshire Sport School Games programme but will also be offered access to the wider volunteer programme on offer through North Yorkshire Sport.

Achieve TEWV

Tees, Esk and Wear Valley NHS Foundation Trust – a programme targeting young people in York and Selby to improve mental wellbeing.

Dame Kelly Holmes Get on Track programmes

Funding from Dame Kelly Holmes Trust to deliver the Get on Track programmes across North Yorkshire. Engaging with disadvantaged young people to provide a 14 month self-development programme to build their resilience, motivation and aspirations through sport and athlete mentors.

Change Direction

Change direction is a prevention and early intervention support scheme for young people aged 10-17 to divert them away from engaging in risky behaviour.

Active Lives Survey

The Active Lives Survey is an Official Government Statistics (ONS) and records participation levels in sport in adults and children. North Yorkshire Sport are contracted to work with randomly selected schools to encourage and support them to complete the survey with their pupils.

Holiday Activity Fund

A programme to provide activity and food to young people on free school meals during the school holidays.

OSF

The Opening School Facilities programme aims to help develop extracurricular opportunities and community links for children and young people and to support schools to open and re-open their facilities to the local community.

Richmondshire Achieve

A programme funded by Richmondshire District Council to work with primary and secondary schools, delivering the Achieve programme using an athlete mentor to build resilience and improve confidence and physical and mental wellbeing. The fund was in deficit at 31 March 2022 due to timing of income received.

School Game CWG

Legacy funding from Sport England to tackle inequalities and inspire more young people to take part in the School Games as part of the Birmingham 2022 Commonwealth Games Legacy. The funding is for North Yorkshire Sport to organise some countywide activity and onwardly distribute to the 10 School Games Organisers of North Yorkshire and York.

School Games Coordinator

A project to deliver the School Games and girls football programmes for the Harrogate district on behalf of Harrogate High School.

NORTH YORKSHIRE SPORT LTD

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023

17 Restricted funds

(Continued)

Scarborough Achieve

The Achieve Life Skills Programme is designed to use sport and activity to inspire young people to create a brighter future for themselves by supporting the development of skills and opportunities in their local area.

I Can (2022 only)

A project delivered by athlete mentors working with young people aged 10-18 at risk of offending or engaging in risky behaviour from across North Yorkshire building on their strengths and promoting social inclusion to prevent offending and anti-social behaviour.

Stepping Up

Stepping Up is an early intervention and prevention project to divert children and young people who have not yet entered the criminal justice system but are beginning to show signs or risky or challenging behaviour within school, home or within their local community.

Autism Respite

Providing a package of 1-2-1 support to young autistic children to enable access to school holiday activities and provide respite to parents and carers.

Woodsmith Project

Delivery of a number of extra curricular activities to a target cohort of pupils in four schools in Scarborough and Whitby, overseen by two Programme Coordinators. This programme is funded by Woodsmith Foundation and Anglo American and is part of a coordinated education programme contracted to North Yorkshire Together.

Achieve Grant (York CVS)

Delivery of a series of 12 week interventions alongside North Yorkshire Police, utilising an athlete mentor to work with underserved pupils.

Afghan Refugee Support

Using sport, arts and mentoring to support young people transition to England. Supporting language development, adapting to culture, transition to educational settings, integration and socialisation to local community of both children and young people along with their families.

Hambleton DC

Hambleton DC (District Council) to increase participation in sport in Hambleton .

Club Matters

A Sport England funded programme designed to provide additional support to sports club through mentoring, workshops and a suite of website resources. This programme is delivered jointly with Active Humber.

Active Forest

A partnership agreement with the Forestry Commission who have funded 2 days a week of a member of staff.

Coaching Workforce

Funding from Sport England to work with clubs, coaches, volunteers and the professional workforce to tackle inactivity.

Bilton Lane refurbishment (2022 only)

Investment to support the refurbishment of Bilton Health and Wellbeing Hub.

Bike Pod

Co-funded transport project between Harrogate Borough Council and North Yorkshire County Council. To install secure cycle storage pods at Bilton Health & Well-being Hub.

Coaching Ryedale

To recruit, retain and deploy a workforce ensuring that there are enough quality coaches to meet the participation demand and to improve the talent pathway within North Yorkshire.

Community Fit

A programme designed to use the power of running to support the local community through community projects. The fund was in deficit at 31 March 2023 due to timing of income received.

Ramblers

NYS to be responsible for co-ordination, leadership, training, advice and liaison role with Wellbeing Walks groups across North Yorkshire.

YH Learning

Yorkshire and Humber Learning – A regional platform to provide personal development opportunities for clubs, volunteers and professionals via online modules.

Mentoring (2022 only)

A programme providing sporting contexts with the support of a mentor to help with business development, reaching new audiences and growing their activity.

NORTH YORKSHIRE SPORT LTD

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023

17 Restricted funds

(Continued)

Together fund

A fund created by Sport England to target specific inequalities in the county through investing in local providers to deliver activity.

Moving Communities (2022 only)

Sport England have invested in to the network of Active Partnerships to support them to understand the value of sport and physical activity in Local Authority owned leisure facilities. The funding provides access to a dashboard which helps understand metrics such as saving to the health service. The dashboard will assist in making the case for the benefits and value of sport and physical activity.

UK Coaching

Secondment of NYS employee to UK Coaching in order to provide coach development services.

TOP

Part of the UK rollout of The Active Partnership ‘Opening Doors to the Outdoors’ programme, resulting in the creation of an Outdoor Activity Development Officer role employed by North Yorkshire Sport to work in the Scarborough area.

Action Towards Inclusion

A fund to work with economically inactive people to use sport and physical activity to drive positive change and support them into employment or training. The project is funded by the Big Lottery Fund and the European Social Fund.

Dementia Friendly Pools

A project designed to work with swimming pool providers to make their facilities more dementia friendly through improved customer service and signage. The fund pays for small scale improvements with the facilities working towards a minimum standard.

North Yorkshire Together (2022 only)

A series of bursaries to support individuals facing digital poverty to access online activity through the provision of a device.

TAW

The Thriving at Work project aims to support more people to thrive at work. It has a particular focus on supporting inclusive workplaces that can unlock the potential of staff who are neurodiverse, disabled or experience mental health challenges.

Older People PA

The programme, funded by NYCC, will establish targeted groups across the county with a focus on falls prevention.

Escape Pain (2022 only)

Delivery of the national Escape Pain programme through face to face classes to manage the hip and knee pain associated with osteoarthritis.

Escape Pain 2

Delivery of online classes using the Escape Pain delivery model.

Get Moving

A programme designed to reduce deconditioning in older people through a series of supported home visits to develop strength and mobility to support independence.

NORTH YORKSHIRE SPORT LTD

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023

18 Unrestricted funds - designated

These are unrestricted funds which are material to the charitable company's activities made up as follows:

Movement in funds Movement in funds Movement in funds
Balance at Income Expenditure Transfers Balance at
1 April 2022 31 March 2023
£ £ £ £ £
Property maintenance 50,000 - - 50,000 100,000
Mental health fundraising 12,063 6,576 (3,327) - 15,312
62,063 6,576 (3,327) 50,000 115,312
Movement in funds
Balance at Income Expenditure Transfers Balance at
1 April 2021 1 April 2022
£ £ £ £ £
Property maintenance 50,000 - - - 50,000
Mental health fundraising 7,703 4,360 - - 12,063
57,703 4,360 - - 62,063
Analysis of net assets between funds
Unrestricted Designated Restricted Total
funds funds funds
2023 2023 2023 2023
£ £ £ £
Fund balances at 31 March 2023 are represented by:
Tangible assets 22,900 - - 22,900
Current assets/(liabilities) 492,510 65,312 362,444 920,266
515,410 65,312 362,444 943,166
Unrestricted Designated Restricted Total
funds funds funds
2022 2022 2022 2022
£ £ £ £
Fund balances at 31 March 2022 are represented by:
Tangible assets 27,262 - - 27,262
Current assets/(liabilities) 343,825 62,063 409,442 815,330
371,087 62,063 409,442 842,592

19 Analysis of net assets between funds

NORTH YORKSHIRE SPORT LTD

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023

20 Income & expenditure by source of funding

Revenue grants
Room hire
Training: Fees and charges
Donations
Bank interest
Total income
Total expenditure
Net income/(expenditure)		 Sport
England
2023
£
741,874
-
-
-
-
741,874
750,594
(8,720)		 Local
Authority
Other Public
Sector
Non Public
Sector
2023
2023
2023
£
£
£
460,244
181,350
269,640
-
-
23,601
-
-
13,130
-
-
6,576
-
-
10,017
460,244
181,350
322,964
429,764
160,828
264,672
30,480
20,522
58,292		 2023
£
1,653,108
23,601
13,130
6,576
10,017
1,706,432
1,605,858
100,574

21 Operating lease commitments

At the reporting end date the charitable company had outstanding commitments for future minimum lease payments under noncancellable operating leases, which fall due as follows:

Within one year
Between two and five years
In over five years		 2023
£
22,500
90,000
90,000
202,500		 2022
£
-
-
-
-

22 Related party transactions

There were no disclosable related party transactions during the year (2022 - none).

23 Funds held on behalf of others

At 31 March 2022 the charitable company held funds on behalf on Fundraising for Stroke Therapy bike of £714 (2022: £714). There was no movement in the year.

North Yorkshire Sport Ltd banked the funds raised to purchase a Stroke Therapy bike.

NORTH YORKSHIRE SPORT LTD

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023

24
Cash generated from operations
2023
£
Surplus for the year
100,574
Adjustments for:
Investment income recognised in statement of financial activities
(10,017)
Amortisation and impairment of intangible assets
4,362
Movements in working capital:
(Increase) in debtors
(142,772)
Increase in creditors
51,211
Increase in deferred income
66,456
Cash generated from operations
69,814
25
Analysis of changes in net funds
The charitable company had no debt during the year.		 2022
£
63,760
(2,763)
4,362
(10,461)
17,042
-
71,940