2020-10-31-accounts - Run 4 Wales Charitable Foundation

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Report cfthe Trustees					I	to	3
Report uf the Independent		Auditors			4	lo	5
Cunsulidnted Stntement	ofFinancial		Activities
Consolidated Bslnnce Sheet
Charity Balance Sheet
Cnnsulidsted Cash Flaw		Stntement
Nuies to the Cnnsolidated		Cash Flow Statement				10
Nutes to the Consolidated		Financial	Statements	I	I	to	l8

					31.10.20	31.10.19
					Unrestricted	Total
					fund	fnnds
INCOME AND ENDOWMENTS			IrROM	Notes	f.	f.
Chsrilsble sclivgles
Other ttnding activities Other income					42,291 ~633 6'l8	2,432,928 I 366
Total					675,9G9	24134,294
EXPENDITVRE ON
Raising limds					831,456	2,232,947
Charitable activities
Running th Athletics					55,017	148,186
Total					886,473	2,381,133
NET INCOME/(EXPENDITURE)					(210,504)	53,161
RECONCILIATION	OF	FUNDS
Total funds brought	lhmvsrd				246,710	193,549
TOTAL FUNDS CARRIED FORWARD					36,206	24(srig
CONTINUING OPERATIONS
AR income and expenditure		hss susen	from continuing	activities.

	Consolidated
	31Ociobcr 2020
		31.10.20	31.10.19
		Linrestricted	Total
		fund	funds
	Notes	E	E
FIXEDASSETS Tangible assets Inveslments	12 13	20,453 ~4 544	31,812 4 544
		24,997	36,356
CURRENT ASSETS
Debtors	14	685,750	476393
Cash et bank		2.024,797	I 445 754
		2,710,547	1,92?.,147
CREDITORS
Amounts falling due within one year	15	(2,699,338)	(1,711,793)
NET' CURRENT ASSETS		~il 209	~210354
TOTAL ASSETSLESSCURRENT	LIABILITIES	36,206	246,710
NET ASSETS		~36 206	~246 710
FUNDS Unrestricted funds	16	~36206	~24 710
TOTAL FUNDS		3(i.206	~246 710

		31,10.20	31.10,19
		Unrestricted	Total
		futul	funds
	Notes
FIXED ASSETS
Tangible esscts	12	20,453	31,812
		20,453	31,812
CURREN'I' ASSETS
Debtors Cash at bank	14	10,387 176	64,388 1,691
		10,563	66,079
CREDITORS
Amounts falling duc within one year	15	(701)	(12,559)
NKT CUIlRKNT ASSETS		9,862	~53520
TOTAL ASSETS LESSCURRENT LIABILITIES		30,315	85,332
NET ASSETS		~30 315	~85 332
FUNDS	16
Unmstrioted Ibnds		30,3 IS	87,332
TOTAL FUNDS		30.:IIS	8S.332

			Consolidated	Casts Flow Statetncnt
		for the Year Ended 31October 2020
				31.10,20	31.10,19
			Notes	E
Cssli iloivs (rcm operating setivihes Cash generated fmm cperatlens Tsx paid				560,119	724,265 33,466
Net cash provided by operating activities				~580 119	~757731
Cash llaws from investing	activities
Purchase oftangible fixed assets				(1,076)
Purchase offixed asset investments					4 544
Net cash used in investing	activities				~4544)
Change in each snd cash reporting period	equivalents	in thc		579,043	753,107
Cash and eesli equivalents the reporting period	at the beginolng		of	~1445.754	~692 567
Cash snd cnsli equivalents reporting period	st the end	ofthe		~2021 7i)7	~1445 751

RECONCILIATION ACTIVITIES	F NET (EXPENDI	TURE)/INCOME TO NKT CASH I L	OW FROM OPERAT	ING
			31,10.20	31.10.19
			f	f
Net(cxpeiiditurs)/inconie	fer the reporting	period (ss per the Consolidated
Ststcmeat ofFinsaclsl Adjustlneotv for;	Activities)		(210,5112)	53,161
Depreciation charges increase in debt'oix tncresse in ucditors			12,435 (209,357) 987/ 543 x	12,504 (69,818) 728418
Net cssli provided by operations			~580 119	~724 65

	AI I.11.19 f	Cash flow f	Ai 31.10.20 f
Net cash
Cash at bank	I 14S7S4	579,041	~2.024 /97
	~1,445754	~579 043	2.021.19'1
Total	~1445,754	579043	2,024.797

All funds held hy thc Charily arc unrestricted.	All funds held hy thc Charily arc unrestricted.
OTHER TRADING ACTIVITIES
				3t.10,20	3I.IO.19
Other trading operntions			f, ~42 291		6 2N32,9211
Thc wholly owned lrading subsidiary, i(un 4 Wales Linuted, is 00057072).The conipany organi ses end manages var iuus sporting results for thi's company is showri below:		Invxwporstcd in evmits lhroughout	thc United Kingdom (company number the cnumry. A summary ol' thc truding
				31.10,20	31.IO.I9
				f
Turnover Sundry receipts Ciovernincnt grants Cast ofsales and admlnistrsiion	costs			42,29I 633,678 (03I 456)	2,432,928 1,3fi6 12.232.917)
Nct Pmfit				(155,487)	201,347
Amount fiih Aided to Ihe chmity					~10000
Retained in tbe suhsiiliary				(155407)	161.347
INCOME FROM CIIARffAELE ACTIVI'fIES
			3i.l0,20		31.10.19
				Other	Total
				Income	activities
				f	f
Government grants —Culhaal Recovery Fund Goverinnent grants —Econoniic Resilience fund Othci				4gg,gpg 37„500 107,200

	Raising donations	Raising donations	and legacies
							31.10.20	31.10.19
							f.
	Raising funds						831,456	2 232,947
5.	CHARITABLE ACTIVITIES COSTS
								Support
								costs (see
								note 7)
								f.
	Running &	Athletics						~55017
6.	GRANTS PAYABLE
							31.10.20 f	31.10.19
	Running &	Athletics						93,000
7.	SUPPORT	COSTS
							Governance
					Management	Finance	costs	Totals
					f.	f
	Running &Athletics				53,199	378	1,440	55,017
	Support costs, included		in the above,	are as follows:
							31.10.20	31.10.19
							Running &	Total
							Athletics	activities
	Depreciation oftangible Rates and water Bank charges		and heritage	assets			12,435 4,227 128	12,504 4,155 131
	Other costs						250	322
	Rates and water Accountancy and legal fees						36,537 1,440	36,634 1,440
							55,017	55,186

											3I.10.19	31 10 18
											f.
	Staff costs
											MJ utr	8'19539
	The average	monthly			number	c I' employees		during	the year was as follows
	Adminisiration										31.10.20	31.10.19
	Suiipo[t										II
											4	4
											15	15
	No employees		received		emol ~inenis		in excess of660000.
10.	STAFF COSTS
	The charity had		no employees			Ior the cunent		or preceding		yeor.
11.	COMP*RATIVFS			FOR THE CONSOLIDATED					STATEMENT OF FPIAIIICIAL		ACTIVITIES
												Unrestricted
												fund
	INCOME AND ENDOWMENTS						FROIVI					f
	Other trading activities Other income											2.432.928
												1,366
	Total
												2,434,294
	EXPENDITURE ON
	Raising funds
												2,232,947
	Charitablo activities
	Running k Athletics
												118,186
	Total
												2,381,133
	NKT INCOME
												53,161
	RECONCILIATION			OF FUNDS
	Total funds brought fomvsrd											193,549
	TOTAL FUNDS		CARRIFD FORWARD
												2 16,71(l

12.	TANGIBLE I'IXED ASSETS	TANGIBLE I'IXED ASSETS
								I'lxtures
								and	Computer
								fittings 8	equipment 5	Totals f
	COST
	At I November 2019 Additions							35,477	21,638 1,076	57,115 ~1076
	At 31 October 2020							35,477	22,714	58,191
	DKPIIECIATION
	At. I November 2019							18,423	6,880	25,303
	Charge tor year							7,095	5,340	12,435
	At 31October 2020							~25518	~12220	~37738
	NKT BOOK VALUE
	At 31 October 2020							9,959	~10 491	20,453
	At 31 October 2019							17,054	14,758	31.812
	The above tangible fixed assets mprcsent			those balsrtres			held by tire Charity	snd the Group.
13.	FIXED ASSET INVESTMtrNTS
										Unhsted
										investments
										f.
	MARKET VALUE
	At I Novetnber 2019snd	31 Octctmr	2020							4 544
	NL" I' BOOK VALUE
	At 31 October 2020									4,544
	At 3 I October 2019									1,544
	There were no investmcnt	assets nutside		thr UK,
	The tixed asset investment	represent	thorn		bniences	held by the subsidiary		snd the group.
14.	DEBTORS: AMOUNTS	VALI,ING DUE WITHIN ONK YEAR							31.10.20	31.10.19
									f	6
	Tta de deb to is								157,857	399,669
	Other debtors								527,893	76,724
									685,750	476,393
	Included in other debtors	is sn amount of6488,898				(2019:Snit) in respect ofs CRP grant received post yest				md.
	Charity								31.1020	31.10.19
	Other debtors								f. ~10387	8 64388

15.	CREDITOR	S	: AMOU	NTS	F	AI.LING DUK WITHIN ONK YEAR
								31.10.20	3I.IO. l9
								f.
	Tmde creditors Taxalicn and social security Other creditors							159,744 14,732 2.524,862	297,513 53,119 1,361,161
								2,699338	1.711791
	Included within Chat'ity		other creciitcrs is sn amounl of62,444,&50(2019;f877,995)representing				income for deferrcd		events.
								31.10.20	31.10.19
	Other creditors							f 701~I2559
16.	MOVEMKNT		IN FUNDS
								Net
						At	'	movement	At
						1.11.19		in funds	31.10.20
	Unrestricted	funds
	Genernl I'und					216,710		(2I0,504)	36,206
	TOTAI. FUNDS					246 710		~21050I)	~36206
	Net movcmcnt		in funds,	mcluded		in the above are m follows:
						Incoming		Resources	Movement
	Uarestricted	funds				resources f		expcn&led f	in funds f
	General fund					675,969		(886,473)	(210,50I)
	'I'OTAL FUNDS					675.969		~886 173)	(210,504)
	Comparntives	for movement			in	funds
								Net
						AI	movement		At
						1,11.18 f		in funds	31.10.19
	Unrestricted funds
	General fund					193,549		53,161	246,710
	TOTAL FUNDS					1935I9		53,161	~246 710

MOVKMSN	MOVKMSN		T IN FUNDS	T IN FUNDS	- continued	- continued	- continued
Compamtivc			net movement		in funds, included			in the above are as follows:
								incoming	Resources		Movement
								resources	expended		in	funds
								E	f.			E
Unrestricted			funds
Gennal	fund							2,434,294	(2,381,133)			53,161
TOTAL	FUNDS							~2.43 129'I	~2,381,133)		~53 161
Mnvemcnts		in I'undh (Charity)
									Net movement	in
								At 1.11.19	funds		At 31.10.20
								E	f.		E
Unrestricted			funds
General	fund							85.332	(55,017)			30,315
TOTAL	FUNDS								~HUI	I
Net mcvcinent			in funds,	included			in thc above	are ss follows,
								Incoming	Resources		Movement		in
								resources	expendedl			funds
								f.	f.		E
Unrestricted			feeds
General	fund								(55,017)			(55,017)
Comparstlves			for niovements			in	funds (Charily)
									Net movement	in
								At I, II.IB	funds		At 31.10.19
								E	E
Unrestricted			tbnds
General	innd							193,518	(108,186)			85,332
TOTAL	lrUNDS
Net movement			in funds,	included			in Ihc above	are as fcllowm
								bicorsing	Remurces		Movement		in
								resources	expeniled			fbnds
								E	E
Unrestricted			funds
General	fiind							40,000	(148,186)		(108,186)