## **Warrington Town in the Community Ltd**
**Charity No. 1156068**
**Company No. 07151083**
**Trustees' Report and Unaudited Accounts**
**31 July 2021**
**Warrington Town in the Community Ltd Contents**
||Pages||
|---|---|---|
|Trustees' Annual Report|2 to 3||
|Independent Examiner's Report||4|
|Statement of Financial Activities||5|
|Summary Income and Expenditure Account||6|
|Balance Sheet||7|
|Statement of Cash flows||8|
|Notes to the Accounts|9 to|14|
|Detailed Statement of Financial Activities|15 to|16|
Page 1
**Warrington Town in the Community Ltd Trustees Annual Report**
The Trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the unaudited financial statements of the charity for the year ended 31 July 2021.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Company No. 07151083**
## **Charity No. 1156068**
## **Registered Office**
5 Waterfront Drive Warrington WA4 1GH
## **Directors and Trustees**
The Directors of the charitable company are its Trustees for the purposes of charity law. The following Directors and Trustees served during the year:
W.J. Carr (Resigned 31 December 2020) T.T. Macormac K. Read R.A. Sutton
## **Independent Examiner**
Ian Lloyd F.C.A Styles and Co JFC Limited 473 Warrington Rd Culcheth Warrington Cheshire WA3 5QU
## **OBJECTIVES AND ACTIVITIES**
The trustees confirm that they have had due regard to the Charity Commission's guidance on public benefit. We have referred to this guidance when reviewing our aims and objectives and in planning our future activities.
The objects and principal activities of the charity are:
1) The promotion of community participation in healthy recreation in particular by the provision of facilities for the playing of football.
Page 2
**Warrington Town in the Community Ltd Trustees Annual Report**
2) To act as a resource for young people up to the age of 25 living in Warrington, Cheshire East, St Helens and the surrounding area by providing advice and assistance and organising programmes of physical, educational and other activities as a means of: -advancing in life and helping young people by developing their skills, capacities and capabilities to enable them to participate in society as independent, mature and responsible individuals; -advancing education; -relieving unemployment; -providing recreational and leisure time activity in the interests of social welfare for people living in the area of benefit who have need by reason of their youth ,age ,infirmity or disability ,poverty or social and economic circumstances with a view to improving the conditions of life of such persons.
## **ACHIEVEMENTS AND PERFORMANCE**
The Corona Virus pandemic effectively closed all operations within the year. We have used this time to plan ahead and once restrictions are lifted we are hoping that our projects to get people active will once again restart. Our target in the first instance will be our over 50’s projects as we feel the pandemic will have affected them for long periods and outdoor activity will help. Our Community Police station project is still ongoing and once again after the pandemic we hope to see this come to fruition.
## **FINANCIAL REVIEW**
During the year ended 31 July 2021 the charity made a surplus of £23,578 (2020: £1,803). At 31 July 2021 the charity had reserves of £25,996 (2020: £2,418).
The charity is dependant upon the continued support of Warrington Town Football Club Limited.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
The charity appoint and recruit new trustees based on the expertise that they can offer.
The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006 and in accordance with the Charities SORP (FRS 102).
Signed on behalf of the board
_Toby Macormac_ T.T. Macormac Trustee signed on 04/05/2022, 09:41:54 BST 29 April 2022
Page 3
**Warrington Town in the Community Ltd Independent Examiners Report**
## **Independent Examiner's Report to the trustees of Warrington Town in the Community Ltd**
I report to the charity trustees on my examination of the accounts of Warrington Town in the Community Ltd for the year ended 31 July 2021 which comprise the Statement of Financial Activities, the Summary Income and Expenditure Account, the Balance Sheet, the Statement of Cash Flows and the related notes.
## **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 accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act.
Having satisfied myself that the accounts 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 your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **Independent examiner's statement**
I have completed my examination. I can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that:
- accounting records were not kept in accordance with section 386 of the 2006 Act ; or
- the accounts do not accord with those records; or
- the accounts do not comply with the accounting requirements under 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
- the accounts have not been prepared in accordance with the Charities SORP (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 accounts to be reached.
Ian Lloyd F.C.A Chartered Accountant Styles and Co JFC Limited 473 Warrington Rd Culcheth Warrington Cheshire WA3 5QU 29 April 2022
Page 4
**Warrington Town in the Community Ltd Statement of Financial Activities**
## **for the year ended 31 July 2021**
|**Notes**
**Income and endowments**
**from:**
Donations and legacies
4
Charitable activities
5
Other
6
**Total**
**Expenditure on:**
Charitable activities
7
**Total**
Net gains on investments
**Net income**
Transfers between funds
**Net income before other**
**gains/(losses)**
**Other gains and losses**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|**Unrestricted**
**funds**
**2021**
**£**
21,231
12,858
4,185|**Total funds**
**2021**
**£**
21,231
12,858
4,185|**Total funds**
**2020**
**£**
9,139
7,916
1,743|
|---|---|---|---|
||38,274
14,696|38,274
14,696|18,798
16,995|
||14,696
-|14,696
-|16,995
-|
||23,578
-|23,578
-|1,803
-|
||23,578|23,578|1,803|
||23,578
2,418|23,578
2,418|1,803
615|
||25,996|25,996|2,418|
Page 5
**Warrington Town in the Community Ltd Summary Income and Expenditure Account**
## **for the year ended 31 July 2021**
|Income
**Gross income for the year**
Expenditure
Depreciation and charges for
impairment of fixed assets
**Total expenditure for the year**
Net income before tax for the year
**Net income for the year**|**2021**
**£**
38,274
38,274
14,696
-
14,696
23,578
23,578|**2020**
**£**
18,798|
|---|---|---|
|||18,798|
|||16,718
277|
|||16,995|
|||1,803|
|||1,803|
Page 6
**Warrington Town in the Community Ltd Balance Sheet**
## **at 31 July 2021**
|**Company No.**
**07151083**
**Notes**
**2021**
**£**
**Fixed assets**
Tangible assets
9
2,060
2,060
**Current assets**
Cash at bank and in hand
30,865
30,865
**Creditors:**Amount falling due within one year
10
(6,929)
**Net current assets**
23,936
**Total assets less current liabilities**
25,996
**Net assets excluding pension asset or liability**
25,996
**Total net assets**
25,996
**The funds of the charity**
**Restricted funds**
11
**Unrestricted funds**
11
General funds
25,996
25,996
**Reserves**
11
**Total funds**
25,996|**2020**
**£**
831|
|---|---|
||831
8,517|
||8,517
(6,930)|
||1,587
2,418|
||2,418|
||2,418|
||2,418|
||2,418|
||2,418|
These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
For the year ended 31 July 2021 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
Approved by the board on 29 April 2022
And signed on its behalf by:
## _Toby Macormac_
signed on 04/05/2022, 09:41:54 BST T.T. Macormac
Trustee 29 April 2022
Page 7
**Warrington Town in the Community Ltd Statement of Cash flows for the year ended 31 July 2021**
|**Cash flows from operating activities**
**Net income per Statement of Financial Activities**
**Adjustments for:**
Depreciation of property, plant and equipment
Decrease in trade and other payables
**Net cash provided by/(used in) operating activities**
**Cash flows from investing activities**
Payments for property, plant and equipment
**Net cash (used in)/from investing activities**
**Net cash from financing activities**
**Net increase in cash and cash equivalents**
**Cash and cash equivalents at the beginning of the year**
**Cash and cash equivalents at the end of the year**
**Components of cash and cash equivalents**
Cash and bank balances|**2021**
**£**
23,578
271
(1)
23,848
(1,500)
(1,500)
-
22,348
8,517
30,865
30,865
30,865|**2020**
**£**
1,803
277
(3,025)|
|---|---|---|
|||(945)
-|
|||1,743|
||||
|||-|
||||
|||798|
|||9,462|
|||10,260|
||||
|||8,517|
||||
|||8,517|
Page 8
**Warrington Town in the Community Ltd Notes to the Accounts**
## **for the year ended 31 July 2021**
- 1 **Accounting policies**
## **Basis of preparation**
The financial statements have been prepared in accordance with 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 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
## **Change in basis of accounting or to previous accounts**
There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.
## **Fund accounting**
- Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity.
## **Income**
- Recognition of Income is included in the Statement of Financial Activities (SoFA) when the charity income becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability.
- Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SoFA.
- Donations and Voluntary income received by way of grants, donations and gifts is included in the legacies the SoFA when receivable and only when the Charity has unconditional entitlement to the income.
- Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material.
- Volunteer help The value of any volunteer help received is not included in the accounts.
## **Expenditure**
- Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT which expenditure cannot be fully recovered, and is reported as part of the expenditure to which it relates.
- Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activities services in the furtherance of its objects, including the making of grants and governance costs.
- Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any independent examination fees.
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
Page 9
**Warrington Town in the Community Ltd Notes to the Accounts**
## **Tangible fixed assets and depreciation**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:
Freehold property 10% straight line Motor vehicles 25% reducing balance Fixtures and fittings 25% straight line
## **Trade and other debtors**
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
## **Cash and cash equivalents**
Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.
## **Trade and other creditors**
Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
## **Pension costs**
The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.
## 2 **Company status**
The company is a private company limited by guarantee and consequently does not have share capital.
Page 10
**Warrington Town in the Community Ltd Notes to the Accounts**
## 3 **Statement of Financial Activities - prior year**
|3
**Statement of Financial Activities - prior year**||||
|---|---|---|---|
|**Income and endowments from:**
Donations and legacies
Charitable activities
Other
**Total**
**Expenditure on:**
Charitable activities
**Total**
**Net income**
**Net income before other**
**gains/(losses)**
**Other gains and losses:**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**
4
**Income from donations and legacies**
Donations
5
**Income from charitable activities**
Facility Hire
Grants|**Unrestricted**
**£**
21,231
21,231
**Unrestricted**
**£**
10,533
2,325
12,858|**Unrestricted**
**funds**
**2020**
**£**
9,139
7,916
1,743
18,798
16,995
16,995
1,803
1,803
1,803
615
2,418
**Total**
**2021**
**£**
21,231
21,231
**Total**
**2021**
**£**
10,533
2,325
12,858|**Total funds**
**2020**
**£**
9,139
7,916
1,743|
||||18,798
16,995|
||||16,995|
||||1,803|
||||1,803|
||||1,803
615|
||||2,418|
||||**Total**
**2020**
**£**
9,139|
||||9,139|
||||**Total**
**2020**
**£**
7,836
80|
||||7,916|
Page 11
**Warrington Town in the Community Ltd Notes to the Accounts**
## 6 **Other income**
|CJRS income
7
**Expenditure on charitable activities**
_Expenditure on charitable_
_activities_
Salaries/wages
Pension costs
Staff training
Travel & subsistence
Rent
Premises repairs and
maintenance
Depreciation of motor
vehicles
Depreciation of fixtures and
fittings
Bank charges
Equipment repairs &
maintenance
Sundry expenses
_Support costs_
Independent examination fee|**Unrestricted**
**£**
4,185
4,185|**Total**
**2021**
**£**
4,185
4,185|**Total**
**2020**
**£**
1,743|
|---|---|---|---|
||||1,743|
|||||
||**Unrestricted**
**£**
10,461
127
-
-
-
1,206
208
63
26
-
625
1,980
14,696|**Total**
**2021**
**£**
10,461
127
-
-
-
1,206
208
63
26
-
625
1,980
14,696|**Total**
**2020**
**£**
10,418
129
1,044
395
316
2,208
277
-
94
368
-
1,746|
||||16,995|
## 8 **Support costs**
The charity’s support costs and governance cost in the year amounted to £1,980 (£1,746) and relate to the Independent Examiner’s fee.
Page 12
**Warrington Town in the Community Ltd Notes to the Accounts**
## 9 **Tangible fixed assets**
|**Cost or revaluation**
At 1 August 2020
Additions
At 31 July 2021
**Depreciation and**
**impairment**
At 1 August 2020
Depreciation charge for the
year
At 31 July 2021
**Net book values**
At 31 July 2021
At 31 July 2020
10 **Creditors:**
amounts falling due within one year
Other creditors
Accruals and deferred income|**Land and**
**buildings**
**£**
75,493
-|**Motor**
**vehicles**
**£**
3,000
-
3,000
2,169
208
2,377
623
831
**2021**
**£**
5,520
1,409
6,929|**Fixtures and**
**fittings**
**£**
-
1,500
1,500
-
63
63
1,437
-|**Total**
**£**
78,493
1,500|
|---|---|---|---|---|
||75,493|||79,993|
||75,493
-|||77,662
271|
||75,493|||77,933|
||-|||2,060|
||-|||831|
|||||**2020**
**£**
5,520
1,410|
|||||6,930|
||||||
|11 **Movement in funds**
**Unrestricted funds:**
**General funds**
**Total funds**
12 **Analysis of net assets between funds**
Fixed assets
Net current assets|**At 1 August**
**2020**
2,418|**Incoming**
**resources**
**(including**
**other**
**gains/losses)**
**£**
38,274
38,274|**Resources**
**expended**
**£**
(14,696)
(14,696)
**Unrestricted**
**funds**
**£**
2,060
23,936
25,996|**At 31 July**
**2021**
**£**
25,996|
||2,418|||25,996|
|||||**Total**
**£**
2,060
23,936|
|||||25,996|
Page 13
**Warrington Town in the Community Ltd Notes to the Accounts**
## 13 **Reconciliation of net debt**
|Cash and cash equivalents
Net debt|**At 1 August**
**2020**
**£**|**Cash flows**
**£**|**At 31 July**
**2021**
**£**|
|---|---|---|---|
||8,517|22,348|30,865|
||8,517
8,517|22,348
22,348|30,865|
||||30,865|
|||||
|14 **Commitments**
**2021**
**2021**
**_Pension commitments_**
**2021**
**£**
The pension cost charge to the company
amounted to:
-
15 **Related party disclosures**
**_Transactions with related parties_**
_Name of related party_
Warrington Town Football Club Limited
_Description of relationship_
_between the parties_
A company with mutual directors
_Description of transaction_
_and general amounts_
_involved_
During the year ended 31st July 2021
Warrington Town in the Community Ltd
received a donation of £20,000
(2020:£8,000) from Warrington Town
Football Club Limited
_Amount due from/(to) the related party_
**_Controlling party_**||**2020**
**2021**
**£**
(5,520)|**2020**
**2020**
**£**
129|
||||**2020**
**£**|
||||(5,520)|
|||||
The trustees believe that there is no one controlling party.
Page 14
**Warrington Town in the Community Ltd Detailed Statement of Financial Activities**
## **for the year ended 31 July 2021**
|**Income and endowments from:**
Donations and legacies
Donations
Charitable activities
Facility Hire
Grants
Other
CJRS income
**Total income and endowments**
**Expenditure on:**
Charitable activities
Salaries/wages
Pension costs
Staff training
Travel & subsistence
Rent
Premises repairs and maintenance
Depreciation of motor vehicles
Depreciation of fixtures and
fittings
Bank charges
Equipment repairs & maintenance
Sundry expenses
Governance costs
Independent examination fee
**Total of expenditure on charitable**
**activities**
**Total expenditure**
Net gains on investments
**Net income**
**Net income before other**
**gains/(losses)**|**Unrestricted**
**funds**
**2021**
**£**
21,231
21,231
10,533
2,325
12,858
4,185
4,185
38,274
10,461
127
-
-
-
1,206
208
63
26
-
625
12,716
1,980
1,980
14,696
14,696
-
23,578
23,578|**Total funds**
**2021**
**£**
21,231
21,231
10,533
2,325
12,858
4,185
4,185
38,274
10,461
127
-
-
-
1,206
208
63
26
-
625
12,716
1,980
1,980
14,696
14,696
-
23,578
23,578|**Total funds**
**2020**
**£**
9,139|
|---|---|---|---|
||||9,139|
||||7,836
80|
||||7,916|
||||1,743|
||||1,743|
||||18,798
10,418
129
1,044
395
316
2,208
277
-
94
368
-|
||||15,249|
||||1,746|
||||1,746|
||||16,995
16,995
-|
||||1,803|
||||1,803|
Page 15
**Warrington Town in the Community Ltd Detailed Statement of Financial Activities**
|**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|23,578
2,418
25,996|23,578
2,418
25,996|1,803|
|---|---|---|---|
||||615|
||||2,418|
Page 16
```
Signatures' technical details
```
## **`Signatures`**
## **`toby@warringtontownfc.co.uk`**
```
04/05/2022, 09:41:54 BST
```
## **`Fingerprint`**
```
82c7f22ec7cd0432f20fb5783e652c4b5af26b54
```
## **`Event log`**
```
10.50.10.12829/04/2022, 12:21:41 BST
Signing request created.
System29/04/2022, 12:21:43 BST
Notification sent to toby@warringtontownfc.co.uk.
System04/05/2022, 09:41:43 BST
Signing page opened by signee toby@warringtontownfc.co.uk.
System04/05/2022, 09:41:54 BST
Signee toby@warringtontownfc.co.uk signed document.
System04/05/2022, 09:41:55 BST
Signing process completed.
```
## **`Summary`**
```
Envelope's ID:1om0h7hn
Document's hash:f159f6188a90d542ae30adab1ff2054e4f8830bbe0c3d7324a052f7bc27be962
Final stamp:04/05/2022, 09:41:57 BST
```
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Verification QR Code
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