2021-08-31-accounts

		Page
Trustees' report
Independent Auditor's	Report
Statement of Financial	Activities	10
Balance Sheet
Statement ofcashflows		12
Notes to the Financial	Statements	13

Reference and Administration	Reference and Administration	Details
Official name ofcharity:		Winter Sports Foundation
Charity registration	number:	1157760
Board ofTrustees:		Mr Nicholas Malaczynski		(Chair)
		Mr Alistair Gallagher
		Mr Philip Smith
Chief Executive		Mr Elliott Emery
Secretary		Mr Adam Carnall
Registered Address		The Loose Box
		Hathersage Hall Business		Park
		Main Road
		Hathersage
		S321BB
Bankers		Barclays Bank PLC
Auditors		Hawsons Chartered	Accountants
		Statutory Auditors
		Pegasus House
		463a Glossop Road
		Sheffield
		S102QD

				2021	2020
		Unrestricted	Restricted	Total	Total
		funds	funds	funds	funds
Incoming resources	Notes
Incoming resources from charitable	activities
Grants 8 donations		196,987	3,742,749	3,939,736	2,709,953
Other income		46,625		46,625	27,161
Total incoming resources		243,612	3,742,749	3,986,361	2,737,114
Resources expended
Charitable activities
Designated Payments	10		3,764,826	3,764,826	2,531,005
Management &administration	3	207,406		207,406	145,815
Governance	3	12,288		12,288	3,612
Total resources expended		219,694	3,764,826	3,984,520	2,680,432
Net income for the year		23,918	(22,077)	1,841	56,682
Transfers between Funds
Total funds brought forward		12,932	189,655	202,587	145,905
Total funds carried forward		36,850	167,578	204,428	202,587

Notes	2021f	2020f
	4,178	3,194
	68,257	137,740
	176,236	86,653
	244,493	224,393
	44,241	25,000
	200,252	199,393
	204,428	202,587
9	36,850	12,932
10	167,578	189,655
	244 422	222 dIIT

					2021	2020
				Note
Cash flow from operating		activities		12	92,487	(88,391)
Cashflow from investing	activities
Purchase oftangible fixed	assets				(2,904)	(3,908)
Net cash used in investing	activities				(2,904)	(3,908)
Net cash provided by financing activities
Change in cash and cash		equivalents	in the	year	89,583	(92,299)
Cash and cash equivalents		at the beginning		ofthe year	86,653	178,952
Cash and cash equivalents		at the end	ofthe	year	176,236	86,653
Cash and cash equivalents		at the end	ofthe	year comprise
Cash at bank and in hand					176,236	86,653

2	Incoming resources	Incoming resources	Incoming resources	Unrestricted	Restricted	Total	Total
				funds f	funds f	2021f	2020
	Grants and	donations		196,987	3,742,749	3,939,736	2,709,953
	Other income			46,625		46,625	27,161
				243,612	3,742,749	3,986,361	2,737,114
3	Total resources expended
	Management		&administration
				Unrestricted	Restricted	Total	Total
				funds f	funds	2021f	2020
	Advertising	&promotion		16,109		16,109	48,329
	Bursary			28,900		28,900	475
	Insurances			386		386	345
	Miscellaneous			11,228		11,228	390
	Professional	fees		101,894		101,894	64,508
	Training projects
	Telephone	8	internet	579		579	209
	Depreciation			1,922		1,922	1,579
	Prize monies			150		150	3,000
	Donations			46,238		46,238	26,980
				207,406		261466	145,815
	Governance
				Unrestricted	Restricted	Total	Total
				fundsf	funds f	2021 f	2020 F
	Accountancy		and audit fees	11,375		11,375	3,437
	Meeting costs			913		913	175
				12,285		12288	3,612

6	Fixed Assets	Fixed Assets					Equipment	Total
	Cost
	At 1stSeptember 2020						7,047	7,047
	Additions						2,904	2,904
	At 31stAugust		2021				9,951	9,951
	Depreciation
	At 1stSeptember 2020						3,853	3,853
	Forthe year						1,922	1,922
	At 31stAugust		2021				5,775	5,775
	Net Book Amounts
	At 31stAugust		2021				4,176	4,178
	At 31stAugust		2020				3,194	3,194
7	Debtors
							Total	Total
							2021	2020
							6	F
	Income tax recoverable						61,487	137,740
	Related party		loan				6,770
							68257	137749
8	Creditors: Amounts			due within one year
							Total	Total
							2021	2020
							6
	Accruals and		deferred	income			44,241	25,000
	Other creditors
							44,241	25,000
9	Unrestricted		funds
					Balance at			Balance at
				1	September			31August
					2019 6	Income 6	Expenditure 6	2020f
	2020
	Unrestricted	fund			(2991	162,658	~749,427	12.932
					Balance at			Balance at
				1	September			31August
					2020	Income	Expenditure	2021
					6	6	6
	2021
	Unrestdcted	fund			12,932	243,612	~279,694	36856

10	Restricted funds	Restricted funds	Restricted funds
					Balance at				Balance at
					1 September				31August
					2019f	Income f	Expenditure f		2020f
	2020
	Personal	Sports	Funds		146,204	2.574.456	~2,031,005		109655
					Balance at				Balance at
					1 September				31August
					2020f	Income f	Expenditure f		2021f
	2021
	Personal	Sports	Funds		189,655	3.742.749	~3,764,026		167078
11	Analysis	ofnet	assets by fund
						Unrestricted	Restricted		Total
	2020					fundsf		fundsf	2020f
	Tangible	fixed assets				3,194			3,194
	Current	assets				34,738	189,655		224,393
	Current	liabilities				(25,000)			(25,000)
	Fund balance					12 932	189,655		202 507
						Unrestricted	Restricted		Total
	2021					fundsf		fundsf	2021f
	Tangible	fixed assets				4,176			4,176
	Current	assets				76,915	167,578		244,493
	Current	liabilities				(44,241)			(44,241)
	Fund balance					36050	167570		204420
12	Reconciliation		ofnet incoming resources to net cash			inflow from operating		activities
								2021f	2020f
	Net incoming resources							1,841	56,682
	Depreciation							1,922	1,579
	Decrease/(Increase)			in debtors				69,483	(77,011)
	(Decrease)/ increase			in creditors				19,241	(69,641)
	Net cash infiow		from	operating	activities			92407	~00 391

				2021f	2020f
Relative	of	Elliot	Emery	14,375	24,844
Relative	of	Adam	Carnall	14,784