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|||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|||
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|||||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|
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|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|
##
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|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||