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|Trustees||||P.S.Camey||
|---|---|---|---|---|---|
|||||D.Collins||
|||||S.L.Downey||
|||||L.M. Eede||
|||||M. Greenwood||
|||||S.Hughes (appointed|25 September 2020)|
|||||D.Hulme||
|||||J.L.Jordan||
|||||T.J.Minter OBEDL||
|||||C.D. Simmonds||
|Company|registered||number|OS623233||
|Charity|registered||aumber|1155522||
|Registered||ogice||Three Hills Sports Park||
|||||Cheriton Road||
|||||Folkestone||
|||||Kent||
|||||CTI9 5JU||
|Independent||auditors||UHY Kent LLP||
|||||Chartered Accountants||
|||||Thames House||
|||||Roman Square||
|||||Sittingbourne||
|||||Kent||
|||||MEI0 4BJ||
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|F51Urban|Skate Park|||
|---|---|---|---|
|Delay in the|opening ofF51|and|Although
the funding
from RDHCT is being reduced, all programmes|
|thereby adelay in income|||are developed
to be sustainable
and so the impact ofF51 should|
|generation.|||remain as apositive benefit, rather than underwriting
core activities|
||||ofthe Trust.|
||||We have continued to work with contractor and consultant
team to|
||||ensure schedules
are being met and continuous
dialog with main|
||||stakeholders.
No major tixed costs yet being incurred.
The terms of|
||||the loan has payback related to the performance ofan open F51.|
|Continuing|impact ofCovid-19|||
|Inability to meet activities as|||The govemrnent
has been keen to keep schools open, and whilst there|
|required by|schools and the|effect on|have been a number ofsignificant
challenges
our adapted offering to|
|that source ofincome.|||allow for online elements
ofour packages (including
schools games)|
||||has enabled provision
and reputation
within schools to continue.|
|Less ofkey|staff|||
|Loss ofkey|staff would affect key||Good working relationships
between the team and weekly
meetings|
|areas ofwork delivery
and other|||to ensure any issues discussed.
Key areas ofwork template tobe|
|staff members
may not have||the same|produced
and reviewed to ensure we have the ability and knowledge|
|skill set|||to cover key areas ofwork with loss ofan employees.|
||||Senior leaders are asked to provide succession plans to ensure the|
||||charity isnot too impacted
by the loss ofkey staff.|
|Loss ofschool i|ncome||||
|---|---|---|---|---|
|Primary schools|lose their funding|We continue to strengthen|the relationships
with all schools so that||
|and stop buying|into the Charity's|we are in the best position|to continue
working|with them ifthere is|
|services.||any change in the funding|landscape. A number|ofTrustees are|
|||experienced
in this area and are able to help the||charity plan|
|||accordingly.|||
|||We continue to look at other areas to diversify||(including
facility|
|||operations).|||
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||||Unrestricted|Total|Total|
|---|---|---|---|---|---|
|||Restricted fuads|funds|funds|ttatds|
||Note|2021
8|2021|2021f|2020|
|Income from:||||||
|Donations
aud legacies||1,823,009|207,674|2,030,683|444,475|
|Charitable
activities||17,209|87,199|104,408|I73,519|
|Total income||1,840.218|294,873|2,135,091|6'I7,994|
|Expenditure
on:||||||
|Charitable
activities||95,283|333,710|428,993|409,465|
|Total expenditure||95,2S3|333,710|428,993|409,465|
|Net income/(expenditure)||1,744,935|(38,837)|1,706,098|208,529|
|Transfers between funds|15|10,097|(10,097)|||
|Net movement
in funds||1,755,032|(48,934)|1,706,098|208,529|
|Reconciliation offunds:||||||
|Total funds brought forward||7,974,622|191,969|8,166,591|7,958,062|
|Net movement
in funds||1,755,032|(48,934)|1,706,098|208,529|
|Total funds carried forward||9,729,654|143,035|9,872,689|8,166,59J'|
##
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||||Note||2021||2020f|
|---|---|---|---|---|---|---|---|
|Fixed assets||||||||
|Tangible assets|||10||13,620,487||12,025,557|
|Investments|||11||50||50|
||||||13,620,537||12,025,607|
|Current assets||||||||
|Debtors|||12|428,459||531,524||
|Cash at bank and in|hand|||102,771||114,812||
|||||531,230||646,336||
|Creditors: amounts|falling|due within one year|13|(279,078)||(505,352)||
|Net current assets|||||252,152||140,984|
|Total assets less current||liabilities|||13,872,689||12,166,591|
|Creditors: amounts|falling|due aner more than one||||||
|year|||||(4,000,000)||(4,000,000)|
|Total net assets|||||9,872,689||8,166,591|
|Charity funds||||||||
|Restricted
funds|||15||9,729,654||7,974,022|
|Unrestricted
funds|||15||143,035||191,969|
|Total funds|||||9,872,689||8,166,591|
##
|||||2021
8|2020I|
|---|---|---|---|---|---|
|Cash tlows from operating|activities|||||
|Net cash used in operating|activities|||1,594,361|3,052,883|
|Cash flows from investing|activities|||||
|Purchase oftangible fixed assets||||(1,606,402)|(2,982,489)|
|Net cash used in investing|activities|||(1,606,402)|(2,982,489)|
|Change
in cash and cash equivalents||in the year||(12,041)|70,394|
|Cash aud cash equivalents|at the beginning ofthe year|||114,812|44,418|
|Cash and cash equivalents|at the end|ofthe year||102,771|II4,8I2|
|The notes on pages 22 to 38 form purt||ofthese financial|statements|||
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|||Restricted|Iinrestricted|Total|Terai|
|---|---|---|---|---|---|
|||funds|funds|funds|funds|
|||2021|2021|2021
g|2020f|
|Donations
and grants||||||
|The Roger De Haan Charitable|Trust - Skatepark|1,765,548||1,765,548|193,903|
|The Roger De Haan Charitable|Trust - general Grant||68,500|68,500|105,565|
|Kent County Council||17,075||17,075|7500|
|Kent Community
Foundation||7,500||7,500|3,000|
|Sports England|||||7,700|
|Kent Poice Grant MHP|||||13,500|
|Folkestone
Hythe District Council|||14,000|14,000|30,000|
|Atlantic Adventure
Donation|||||15,000|
|WG Edwards|||||1,440|
|The Education People||12,810||12,810||
|Channel
Rotary Club (Folkestone)|||3,000|3,000||
|National Lottery||9,736||9,736||
|The Football Association||6,000||6,000||
|Ashford and Weald Sohools FA||2,590||2,590||
|Charities Trust||1,000||1,000||
|General donations||750|11,742|12,492|7,279|
|Subtotal detailed disclosure||1,823,009|97,242|1,920,251|384,887|
|Government
grants|||110,432|110,432|59,588|
|||1,823,009|207,674|2,030,683|444,475|
|Analysis of2020 byfund||251,408|193,067|444,475||
##
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##
|||||Restricted|Unrestricted|Total|Total|
|---|---|---|---|---|---|---|---|
|||||funds|funds|funds|funds|
|||||2021f|2021
0|2021
8|2020|
|Promoting|Sports in the Shepway District|||17,209|18,532|35,741|33,965|
|Leadership|and Coaching|within Sports|snd Activities||68.667|68,667|139,554|
|||||17,209|87,199|104,408|173,519|
|Analysis of2020 byfund||||14,182|159,337|173,519||
|Analysis ofexpenditure||on charitable|activities|||||
||||Restricted|Unrestricted|Total|Total|
|---|---|---|---|---|---|---|
||||funds|funds|funds|funds|
||||2021|2021|2021|2020|
|Promoting|Sports in the Shepway District||95,283|279,368|374,651|312,843|
|Delivering|and Co-ordinating|Sports within Schools and|||||
|Clubs||||51,617|51,617|83,791|
|Leadership|and Coaching within Sports and Activities|||2,725|2,725|12,831|
||||95,283|333,710|428,993|409,46'5|
|Analysis of2020 byfund|||134,619|274,846|409,465||
##
##
##
||||Activities||||
|---|---|---|---|---|---|---|
|||undertaken|||Total|Total|
||||directly|Support costs|funds|funds|
||||2021f|2021
0|2021|2020|
|Promoting|Sports in the Shepway District||341,525|33,126|374.651|312,843|
|Delivering|and Co-ordinating|Sports within Schools and|||||
|Clubs|||51,617||51,617|83,791|
|Leadership|and Coaching within Sports snd Activities||2,725||2,725|12,831|
||||395,867|33,126|428,993|409,4o5|
|Analysis of2020 by type|||381,815|27,650|409,4o5||
|Analysis ofsupport costs|||||||
|||||Promoting|||
|||||Sports in the|||
|||||Shepway|Total|Total|
|||||District|funds|funds|
|||||2021|2021|2020|
|||||0|||
|Depreciation||||11,335|11,335|10,457|
|Governance|costs|||21,791|21,791|17,193|
|||||33,126|33,126|27,650|
|Total 2020||||27,650|27,650||
|Auditors'|remuneration||||||
||||||2021|2020|
|Fees payabl|e to the charity's|auditor for the audit ofthe charity's|annual accounts||4,560|4,455|
##
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##
||||2021f|2020|
|---|---|---|---|---|
|Wages and|salaries||252,865|258,835|
|Social security costs|||16,568|l5,455|
|Contribution|to defined contribution|pension schemes|3,167|3,96'7|
||||272,600|278,257|
|||2021|2020|
|---|---|---|---|
|||No.|No.|
|Average|employees|12|32|
##
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##
|||||Computer|Computer||
|---|---|---|---|---|---|---|
|||||equipment|aad||
||Freehold|Plant and||fixtures and|||
||property|machinery
8|Motor vehicles|fittings
8|||
|Cost|||||||
|At 1 September 2020|12.013,888|5,875|35,000||9,793|12,064,556|
|Additions|1,601,642|2.400|||2,360|1,606,402|
|Disposals|||||(333)|(333)|
|At 31August 2021|13,615,530|8,275|35,000|11,820||13,670,625|
|Depreciation|||||||
|At 1 September 2020||3,655|26,250||9,094|38,999|
|Charge for the year||1,691|8,750||1,031|11,472|
|On disposals|||||(333)|(333)|
|At 31August 2021||5,346|35,000||9,792|50,138|
|Net book value|||||||
|At 31August 2021|13,615,530|2,929|||2,028|13,620,487|
|Ar3l August 2020|l2,013,888|2.220|8,750||699|l2,025,557|
##
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|||||||||Investments|in|
|---|---|---|---|---|---|---|---|---|---|
|||||||||subsidiary||
|||||||||companies||
||||||||||8|
||Cost|||||||||
||At I September 2020||||||||50|
||At 31August|2021|||||||50|
||Net book value|||||||||
||At 31August|2021|||||||50|
||At 312ngms|2020|||||||50|
||Principal subsidiaries|||||||||
||The foUowing|was a subsidiary||undertaking||ofthe charity:||||
||Name||||||Company|Holding||
||||||||number|||
||The Sports Trust Trading||Limited||||10351649|100%||
||The financial|results ofthe subsidiary|||for the|year werc:||||
||Name|||||||Net assets||
||||||||||8|
||The Sports Trust Trading||Limited||||||50|
||Investment
in|subsidiaries|have|been|valued|at historical cost on the basis that it is a dormant|company.|||
|12.|Debtors|||||||||
||||||||2021|2020||
||||||||8|||
||Trade debtors||||||18,564|9,392||
||Other debtors||||||338,640|423,632||
||Piepayments|and accrued|income||||71,255|98,500||
||||||||428,459|53L524||
##
##
##
|||2021|2020|
|---|---|---|---|
|||8||
|Other loans||90,607|222,807|
|Trade creditors||171,185|26'3,100|
|Other taxation and social security||9,806|72,702|
|Other creditors||2,290|1,559|
|Accruals and deferred|income|5,190|5,790|
|||279,078|505,352|
##
##
|2021|2020|
|---|---|
|4,000,000|4,000,000|
|2021|2020|
|---|---|
|4,000,000|4,000,000|
##
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##
|Statement offunds|||||||
|---|---|---|---|---|---|---|
|Statement offunds|- current year||||||
|||Balance at I|||||
|||September|||Traasfers|Balance at31|
|||2020|Income|Expenditure|in/out|August 2021|
|||8|8||8||
|Unrestricted
funds|||||||
|General Fund||191,969|294,873|(333,710)|(10,097)|143,035|
|Restricted
funds|||||||
|Street Games Doorstep Pmgramme||13,814||||13,814|
|Leadership
Academies||9,912||||9,912|
|Folkestone Sea Sports Centre|||22,209|(32,017)|9,808||
|Urban Skate Park, Folkestone||7,920,971|1,765,548|(34,798)||9,651,721|
|Mental Health Projects|||11,036|(2,493)||8,543|
|Fit and Fed Project|||20,310|(13,304)||7,006|
|Tallships project||29,925||(4,999)||24,926|
|The Barclays Girls|Football||||||
|Partnership|||6,750|(3,494)||3,256|
|Ashford Folkestone|Secondary School||||||
|Games|||2,590|(2,450)||140|
|Active Pride|||9,736|||9,736|
|Skate Three Hills|||1,020|(420)||600|
|Skate Folkestone Academy|||1,019|(1,308)|289||
|||7,974,622|1,840,218|(95,283)|10,097|9,729,654|
|Total offunds||8,166,591|2,135,091|(428,993)||9,872,689|
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||||Balance at||||||
|---|---|---|---|---|---|---|---|---|
||||1September|||||Balance at|
||||2019|income|Expenditure|Transfers|tn/oat|31dugast 2020|
|Unrestricted||funds|||||||
|General Fund|||164,045|352,404|(Z74,846)|(49,634)||191,969|
|Restricted|funds||||||||
|Street Games||Doorstep Programme|14,603||(789)|||)3,814|
|Leadership|Academies||9,912|||||9,912|
|Folkestone|Sea Sports Centre|||7,780|(33,484)||25,704||
|Urban Skate Park, Folkestone|||7,763,599|200,967|(43,595)|||7,920,971|
|Minibus|||978|652|(1,921)||291||
|Mental Health||Projects||13,500|(21,886)||8,386||
|Fit aud Fed Project||||)6,899|(27,778)||10,879||
|Tallships project|||4,925|25,000||||29,925|
|Girl Riders||||792|(5,166)||4,374||
||||7,794,017|265,590|(134,619)||49,634|7,974,622|
|Total offunds|||7958,06'2|617,994|(409,4o5)|||8,166,591|
|Summary|offunds||||||||
|Summary|offunds - current year||||||||
||||Balance at I||||||
||||September|||Transfers||Balance at31|
||||2020|Income|Expenditure||in/out|August 2021|
||||||6|||8|
|General funds|||191,969|294,873|(333,710)|(10,097)||143,035|
|Restricted|funds||7,974,622|1,840,218|(95,283)||10,097|9,729,654|
||||8,166,591|2,135,091|(428,993)|||9,872,689|
##
##
|Summary|offunds - prior ye|ar|||||
|---|---|---|---|---|---|---|
|||Balance at|||||
|||ISeptember||||Balance at|
|||2019I|Income|Expenditure|Transfersin/out|31dugust2020|
|General funds||164,045|3x2,404|(Z74,846)|(49,6'34)|191,9I59|
|Restricted|funds|7,794,017|2I55,590|(134,619)|49,634|7,974,622|
|||7,958,062|617,994|(409,465)||8,166;591|
|Analysis|ofnet assets between
funds - current year||||
|---|---|---|---|---|
|||Restricted|Unrestricted|Total|
|||funds|funds|funds|
|||2021|2021|2021f|
|Tangible|fixed assets|13,615,530|4,957|13,620,4II7|
|Fixed asset investmcnts|||50|50|
|Current assets||190,892|340,338|531,230|
|Creditors|dne within one year|(76,768)|(202,310)|(279,078)|
|Creditors|dne in more than one year|(4,000,000)||(4,000,000)|
|Total||9,729,654|143,035|9,872,689|
|Analysis|ofnet assets between funds - prior year||||
||||(Inrestrtcted|Total|
|||Restricted funds|funds|funds|
|||2020|2020|2020|
|Tangible|fixed assets|IZ 013,888|II,669|12,025,557|
|Fixed asset investments|||50|50|
|Current assets||184,850|461,486|646,336|
|Creditors|due within one year|(224,116)|(281,236)|(505,352)|
|Creditors|dne in more than one year|(4,000,000)||(4,000,000)|
|Total||7,974,622|191,969|8,166,591|
##
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|||||2021|2020|
|---|---|---|---|---|---|
|||||8||
|Net income|for the|year (as per Statement ofFinancial Activities)||1,706,098|208,529|
|Adjustments|for:|||||
|Depreciation|charges|||11,472|10,457|
|Decrease in|debtors|||103,065|2,657,748|
|Increase/(decrease)||in creditors||(226,274)|176,I49|
|Net cash provided||by operating|activities|1,594,361|3,052,883|
|19.|Analysis ofcash and cash equivalents|||
|---|---|---|---|
|||2021|2020|
|||8||
||Cash in hand|102,771|II4,812|
|||At 1|||
|---|---|---|---|---|
|||September||At 31August|
|||2020|Cash flows|2021|
|||f|||
|Cash|at bank and in hand|114,812|(12,041)|102,771|
|Debt|dne within I year|(222,801)|132,194|(90,607)|
|Debt|dne after I year|(4,000,000)||(4,000,000)|
|||(4,107.989)|120,153|(3,987,836)|
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|||2021|2020|
|---|---|---|---|
|Not later|than 1year|2,204|3,823|
|Later than|1 year and not later than 5years|1,073|3,277|
|||3,277|7,700|