##
|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|
##
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##
##
##
##
##
##
##
##
##
##
||||||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|Balauce Sheet|||
|---|---|---|---|---|
||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.|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|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|
##
##
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##
||||||||||||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)|||
##
##
##