CHARITY REGISTRATION NUMBER: 1158412
Carlisle Sports Unaudited Financial Statements
31 December 2021
GORDON CONSULTANCY LIMITED
Chartered Accountants Briar Lea House Brampton Road Longtown Carlisle Cumbria CA6 5TN
Carlisle Sports
Financial Statements
Year ended 31 December 2021
| Page | |
|---|---|
| Trustees' annual report | 1 |
| Independent examiner's report to the trustees | 4 |
| Statement of financial activities | 5 |
| Statement of financial position | 6 |
| Notes to the financial statements | 7 |
| The following pages do not form part of the financial statements | |
| Detailed statement of financial activities | 14 |
| Notes to the detailed statement of financial activities | 15 |
Carlisle Sports
Trustees' Annual Report
Year ended 31 December 2021
The trustees present their report and the unaudited financial statements of the charity for the year ended 31 December 2021.
Reference and administrative details
Registered charity name Carlisle Sports Charity registration number 1158412 Principal office C/o Harraby Community Campus Edgehill Road Harraby Carlisle CA1 3SN
The trustees
Mr C Weber Mr J Douglas Mr G Haugh (Retired 31 December 2021) Mr S Reed Mrs E Jackson Mr W Jackson (Retired 31 December 2021) Company secretary Mrs E Jackson Independent examiner Mr R W Gordon, FCA Briar Lea House Brampton Road Longtown Carlisle Cumbria CA6 5TN
Structure, governance and management
Once again we are pleased to present the Annual Report for Carlisle Sports for the year.
Our thanks and appreciation go to the trustees who have helped the trust over years and particularly over the last twelve months. We would like a special mention to the centre manager, our accounts assistant and the company secretary who have continued to do sterling work on behalf of the trust and at times have gone above and beyond on many occasions to deliver the trusts work.
The centre and its facilities have continued to provide an excellent service to its many users both young and old. It is very gratifying to see dozens of children running around enjoying themselves in all sorts of weather.
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Carlisle Sports
Trustees' Annual Report (continued)
Year ended 31 December 2021
Objectives and activities
1 The promotion of community participation in healthy recreation in particular by the playing of sports for the benefit of the inhabitants of Carlisle and surrounding district.
2 The advancement of amateur sport by promoting outdoor and indoor sports which promote health by involving physical or mental skill or exertion, for the benefit of the inhabitants of Carlisle and surrounding districts.
3 To advance the physical education of the children and young people who are attending schools or in full time education, and young people not undergoing formal education by providing sports facilities and by such other means as the trustees may from time to time decide.
4 To provide or assist in the provision of sports facilities in the interests of social welfare for recreation or other leisure time occupation of individuals who have need of such facilities by reason of the youth, age, infirmity, mental or physical disability, financial hardship or social circumstances with the object of improving their conditions of life.
Achievements and performance
I, as Chairman of the CIO and the trustees of Carlisle Sports present this annual report for 2021 following a second year of major disruption to our operations and services with a degree of sanguine because of Covid restrictions and numerous lockdowns. Therefor this report is somewhat short as there is not a lot to report on.
We have experienced along with many others an unprecedented period of stop starts for almost 22 months which has taken its toll on the operational employees and trustees. However, we remain positive going forward thanks to their dedication and professionalism for the coming year, and support from our users and customers of the facilities and services we provide. Our programme of services and facility bookings remain very strong despite the recent topsy turvy year.
-
To advance the physical education of the children and young people who are attending schools or in full time education, and young people not undergoing formal education by providing sports facilities and by such means as the trustees may from time to time decide.
-
To provide or assist in the provision of sports facilities in the interest of social welfare for recreation or other leisure time occupation of individuals who have need of such facilities by reason of youth, infirmity, mental or physical disability, financial hardship or social circumstances with the objective of improving their conditions of life.
The coming year will be quite exciting with a full programme of activities and possible increase in revenues. As a board the trustees are fully supportive of our operator Greenwich Leisure, and we go forward together with a degree of optimism that the trust will provide essential services and opportunities for the community at large and play an important function in providing sporting access to as many people as possible.
Financial review
The charity has begun its recovery from the covid pandemic.
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Carlisle Sports
Trustees' Annual Report (continued)
Year ended 31 December 2021
Financial review (continued)
The financial position whilst relatively healthy due to governmental and other grants. Our operator GLL continues to remain under pressure to achieve the annual income targets. This likely to continue in to 2022.
Other sources will need to be targeted through sponsorship and local business initiatives.
The future will continue to present many challenges which will need addressing. The trustees will be looking to stabilise the operation and financial position as we come out of Covid 19 and get back to normality.
Plans for future periods
Monthly operation meetings with GLL's site manager, Barrie Marskell will continue with quarterly financial reviews with GLL regional management to ensure Carlisle Sports charitable objects and KPI's are continuing to be sustainably met.
The facility programme and operation will need to adapt to the loss of the school daytime use.
We need to explore additional income streams.
The trustees' annual report was approved on 31 March 2022 and signed on behalf of the board of trustees by:
Mr C Webber Trustee
Mrs E Jackson Trustee and Charity Secretary
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Carlisle Sports
Independent Examiner's Report to the Trustees of Carlisle Sports
Year ended 31 December 2021
I report to the trustees on my examination of the financial statements of Carlisle Sports ('the charity') for the year ended 31 December 2021.
Responsibilities and basis of report
As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the charity as required by section 130 of the Act; or
-
the financial statements do not accord with those records; or
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the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
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.
Mr R W Gordon, FCA Independent Examiner
Briar Lea House Brampton Road Longtown Carlisle Cumbria CA6 5TN
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Carlisle Sports
Statement of Financial Activities
Year ended 31 December 2021
| 2021 | 2021 | 2020 | ||
|---|---|---|---|---|
| Unrestricted | ||||
| funds | Total funds | Total funds | ||
| Note | £ | £ | £ | |
| Income and endowments | ||||
| Donations and legacies | 4 | 39,300 | 39,300 | 4,000 |
| Other trading activities | 5 | 16,000 | 16,000 | 29,650 |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ||
| Total income | 55,300 | 55,300 | 33,650 | |
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ||
| Expenditure | ||||
| Expenditure on charitable activities | 6,7 | 75,111 | 75,111 | 58,651 |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ||
| Total expenditure | 75,111 | 75,111 | 58,651 | |
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ||
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ||
| Net expenditure and net movement in funds | (19,811) | (19,811) | (25,001) | |
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ||
| Reconciliation of funds | ||||
| Total funds brought forward | (30,750) | (30,750) | (5,749) | |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ||
| Total funds carried forward | (50,561) ৶৶৶৶৶৶৶৶ |
(50,561) ৶৶৶৶৶৶৶৶ |
(30,750) ৶৶৶৶৶৶৶৶ |
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
The notes on pages 7 to 12 form part of these financial statements.
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Carlisle Sports
Statement of Financial Position
31 December 2021
| 2021 | 2020 | |||
|---|---|---|---|---|
| Note | £ | £ | £ | |
| Fixed assets | ||||
| Tangible fixed assets | 12 | 3,849 | 5,132 | |
| Current assets | ||||
| Debtors | 13 | 5,184 | 29,777 | |
| Cash at bank and in hand | 121,955 | 78,819 | ||
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | |||
| 127,139 | 108,596 | |||
| Creditors: amounts falling due within one year | 14 | 61,549 | 27,081 | |
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | |||
| Net current assets | 65,590 | 81,515 | ||
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | |||
| Total assets less current liabilities | 69,439 | 86,647 | ||
| Provisions | ||||
| Other provisions | 15 | 120,000 | 117,397 | |
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | |||
| Net liabilities | (50,561) | (30,750) | ||
| ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | |||
| Funds of the charity | ||||
| Unrestricted funds | (50,561) | (30,750) | ||
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | |||
| Total charity funds | 16 | (50,561) | (30,750) | |
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ |
These financial statements were approved by the board of trustees and authorised for issue on 31 March 2022, and are signed on behalf of the board by:
Mr J Douglas Trustee
Mrs E Jackson Trustee
The notes on pages 7 to 12 form part of these financial statements.
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Carlisle Sports
Notes to the Financial Statements
Year ended 31 December 2021
1. General information
The charity is a public benefit entity and a registered charity in England and Wales and is unincorporated. The address of the principal office is Harraby Community Campus, Edgehill Road, Carlisle, Cumbria, CA1 3SN.
2. Statement of compliance
These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the 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) (Charities SORP (FRS 102)) and the Charities Act 2011.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
There are no material uncertainties about the charity's ability to continue.
Disclosure exemptions
The entity satisfies the criteria of being a qualifying entity as defined in FRS 102. As such, advantage has been taken of the following disclosure exemptions available under paragraph 1.12 of FRS 102:
(a) No cash flow statement has been presented for the charity.
(b) Disclosures in respect of financial instruments have not been presented.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.
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Carlisle Sports
Notes to the Financial Statements (continued)
Year ended 31 December 2021
3. Accounting policies (continued)
Incoming resources
All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:
-
income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.
-
legacy income is recognised when receipt is probable and entitlement is established.
-
income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.
-
income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:
-
expenditure on raising funds includes the costs of all fundraising activities, events, noncharitable trading activities, and the sale of donated goods.
-
expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.
-
other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.
Tangible assets
All fixed assets are initially recorded at cost.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Plant and Machinery
- 25% reducing balance
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Carlisle Sports
Notes to the Financial Statements (continued)
Year ended 31 December 2021
3. Accounting policies (continued)
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cashgenerating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.
For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the charity are assigned to those units.
Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.
Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in income or expenditure unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in the statement of financial activities in the period it arises, and is allocated to the appropriate expenditure heading.
4. Donations and legacies
| Unrestricted | Total Funds | Unrestricted | Total Funds | |
|---|---|---|---|---|
| Funds | 2021 | Funds | 2020 | |
| £ | £ | £ | £ | |
| Donations | ||||
| Donations | – | – | 1,000 | 1,000 |
| Grants | ||||
| Grants receivable | 39,300 | 39,300 | 3,000 | 3,000 |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄ | |
| 39,300 | 39,300 | 4,000 | 4,000 | |
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶ |
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Carlisle Sports
Notes to the Financial Statements (continued)
Year ended 31 December 2021
5. Other trading activities
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
|---|---|---|---|---|---|
| Funds | 2021 | Funds | 2020 | ||
| £ | £ | £ | £ | ||
| Sinking fund | 16,000 | 16,000 | 24,000 | 24,000 | |
| Services | – | – | 5,650 | 5,650 | |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ||
| 16,000 | 16,000 | 29,650 | 29,650 | ||
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ||
| 6. | Expenditure on charitable activities by fund type | ||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
| Funds | 2021 | Funds | 2020 | ||
| £ | £ | £ | £ | ||
| Sport Activities | 47,225 | 47,225 | 12,940 | 12,940 | |
| Support costs | 27,886 | 27,886 | 45,711 | 45,711 | |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ||
| 75,111 | 75,111 | 58,651 | 58,651 | ||
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ||
| 7. | Expenditure on charitable activities by activity type | ||||
| Activities | |||||
| undertaken | Total funds | Total fund | |||
| directly | Support costs | 2021 | 2020 | ||
| £ | £ | £ | £ | ||
| Sport Activities | 47,225 | – | 47,225 | 12,940 | |
| Governance costs | – | 27,886 | 27,886 | 45,711 | |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ||
| 47,225 | 27,886 | 75,111 | 58,651 | ||
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ||
| 8. | Analysis of support costs | ||||
| Management | |||||
| Sinking fund | fee | Total 2021 | Total 2020 | ||
| £ | £ | £ | £ | ||
| Premises | 20,000 | 24,000 | 44,000 | 44,000 | |
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ||
| 9. | Net expenditure | ||||
| Net expenditure is stated after charging/(crediting): | |||||
| 2021 | 2020 | ||||
| £ | £ | ||||
| Depreciation of tangible fixed assets | 1,283 | 1,711 | |||
| ৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶ | ||||
| 10. | Independent examination fees | ||||
| 2021 | 2020 | ||||
| £ | £ | ||||
| Fees payable to the independent examiner for: | |||||
| Independent examination of the financial statements | 240 | 240 | |||
| ৶৶৶৶ | ৶৶৶৶ |
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Carlisle Sports
Notes to the Financial Statements (continued)
Year ended 31 December 2021
11. Trustee remuneration and expenses
There were no trustees receiving remuneration in the current or previous year.
12. Tangible fixed assets
| Plant and | |||
|---|---|---|---|
| machinery | Total | ||
| £ | £ | ||
| Cost | |||
| At 1 January 2021 and 31 December 2021 | 12,521 | 12,521 | |
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ||
| Depreciation | |||
| At 1 January 2021 | 7,389 | 7,389 | |
| Charge for the year | 1,283 | 1,283 | |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ||
| At 31 December 2021 | 8,672 | 8,672 | |
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ||
| Carrying amount | |||
| At 31 December 2021 | 3,849 | 3,849 | |
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ||
| At 31 December 2020 | 5,132 | 5,132 | |
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ||
| 13. | Debtors | ||
| 2021 | 2020 | ||
| £ | £ | ||
| Trade debtors | 5,184 | 29,777 | |
| ৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ||
| 14. | Creditors: amounts falling due within one year | ||
| 2021 | 2020 | ||
| £ | £ | ||
| Trade creditors | 37,309 | 2,841 | |
| Accruals and deferred income | 24,240 | 24,240 | |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ||
| 61,549 ৶৶৶৶৶৶৶৶ |
27,081 ৶৶৶৶৶৶৶৶ |
15. Provisions
| Sinking | |
|---|---|
| Fund | |
| £ | |
| At 1 January 2021 | 117,397 |
| Additions | 2,603 |
| ৄৄৄৄৄৄৄৄৄ | |
| At 31 December 2021 | 120,000 |
| ৶৶৶৶৶৶৶৶৶ |
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Carlisle Sports
Notes to the Financial Statements (continued)
Year ended 31 December 2021
16. Analysis of charitable funds
Unrestricted funds
| Unrestricted funds | ||||
|---|---|---|---|---|
| At | At | |||
| 1 | January 202 | 31 December | ||
| 1 | Income | Expenditure | 2021 | |
| £ | £ | £ | £ | |
| General funds | (30,750) | 55,300 | (75,111) | (50,561) |
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | |
| At | At | |||
| 1 | January 202 | 31 December | ||
| 0 | Income | Expenditure | 2020 | |
| £ | £ | £ | £ | |
| General funds | (5,749) | 33,650 | (58,651) | (30,750) |
| ৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | |
| Analysis of net assets between funds | ||||
| Unrestricted | Total Funds | |||
| Funds | 2021 | |||
| £ | £ | |||
| Tangible fixed assets | 3,849 | 3,849 | ||
| Current assets | 127,139 | 127,139 | ||
| Creditors less than 1 year | (61,549) | (61,549) | ||
| Provisions | (120,000) | (120,000) | ||
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | |||
| Net liabilities | (50,561) | (50,561) | ||
| ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | |||
| Unrestricted | Total Funds | |||
| Funds | 2020 | |||
| £ | £ | |||
| Tangible fixed assets | 5,132 | 5,132 | ||
| Current assets | 108,596 | 108,596 | ||
| Creditors less than 1 year | (27,081) | (27,081) | ||
| Provisions | (117,397) | (117,397) | ||
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | |||
| Net liabilities | (30,750) ৶৶৶৶৶৶৶৶৶ |
(30,750) ৶৶৶৶৶৶৶৶৶ |
17. Analysis of net assets between funds
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Carlisle Sports
Management Information
Year ended 31 December 2021
The following pages do not form part of the financial statements.
- 13 -
Carlisle Sports
Detailed Statement of Financial Activities
Year ended 31 December 2021
| 2021 | 2020 | |
|---|---|---|
| £ | £ | |
| Income and endowments | ||
| Donations and legacies | ||
| Donations | – | 1,000 |
| Grants receivable | 39,300 | 3,000 |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄ | |
| 39,300 | 4,000 | |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄ | |
| Other trading activities | ||
| Sinking fund | 16,000 | 24,000 |
| Services | – | 5,650 |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | |
| 16,000 | 29,650 | |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | |
| Total income | 55,300 | 33,650 |
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | |
| Expenditure | ||
| Expenditure on charitable activities | ||
| Purchases | – | 5,400 |
| Rates and water | 37,808 | 1,068 |
| Light and heat | 4,799 | – |
| Repairs and maintenance | 1,080 | – |
| Insurance | 319 | 6,874 |
| Legal and professional fees | 726 | 1,416 |
| Telephone | 2,421 | 246 |
| Other office costs | 72 | 72 |
| Depreciation | 1,283 | 1,711 |
| Sinking Fund provision | 2,603 | 20,000 |
| Management fee | 24,000 | 24,000 |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | |
| 75,111 | 58,651 | |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | |
| Total expenditure | 75,111 | 58,651 |
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | |
| Net expenditure | 19,811 ৶৶৶৶৶৶৶৶ |
25,001 ৶৶৶৶৶৶৶৶ |
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Carlisle Sports
Notes to the Detailed Statement of Financial Activities
Year ended 31 December 2021
| 2021 | 2020 | |
|---|---|---|
| £ | £ | |
| Expenditure on charitable activities | ||
| Sport Activities | ||
| Activities undertaken directly | ||
| Purchases | – | 5,400 |
| Rates & Water | 37,808 | 1,068 |
| Light & heat | 4,799 | – |
| Repairs & maintenance | 1,080 | – |
| Insurance | 319 | 6,874 |
| Legal and professional fees | 726 | 1,416 |
| Telephone | 2,421 | 246 |
| Other admin costs | 72 | 72 |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | |
| 47,225 | 12,940 | |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | |
| Governance costs | ||
| Governance costs - depreciation | 1,283 | 1,711 |
| Provision for Sinking Fund | 2,603 | 20,000 |
| Management fee | 24,000 | 24,000 |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | |
| 27,886 | 45,711 | |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | |
| Expenditure on charitable activities | 75,111 | 58,651 |
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ |
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