## **Testlands Support Project**
## **Charity No. 1161725**
## **Trustees' Report and Unaudited Accounts**
**30 June 2023**
**Testlands Support Project**
Testlands Support Project – Annual Report 2023
Message from the Chair of Trustees, Luke Newman
As the Chair of Trustees, I am proud to present the annual report for Testlands Support Project for the period ended 30 June 2023. Over this period, we have continued our commitment to making a positive impact on the lives of children and young people in Southampton. Our mission to support physical and creative wellbeing has been at the heart of everything we do, and I am delighted to share the progress we’ve made.
During this period, we have supported hundreds of children and young people to access a wide range of physical and creative activities. These opportunities have not only encouraged active participation in sports but have also fostered a sense of creativity, resilience, and community among our participants.
Despite facing financial challenges, we have remained focused on our goals and, with continued investment in our activities, have supported our efforts. We have worked diligently to ensure that all children, regardless of their background or circumstances, are allowed to thrive and build a healthier future.
We are incredibly grateful to our dedicated volunteers, partners, and supporters who make it all possible. As we look ahead, we are excited about the future and the continued impact we can make within our community.
## **Impact Report**
During the year, Testlands Support Project has made a significant difference in the lives of children and young people in Southampton. Through our wide range of physical and creative activities, we have supported the following:
• 568 children and young people participated in our physical activity programmes, including sports clubs, fitness sessions, and outdoor activities. These programmes have provided children with the opportunity to develop their physical skills, increase their fitness levels, and gain confidence in their abilities.
• Creative arts and wellbeing programmes reached 235 young people, offering them a platform to express themselves, develop new skills, and engage in activities such as arts and crafts, drama workshops, and music sessions. These creative outlets have provided a vital means of emotional expression and stress relief for many participants.
Our programmes have not only focused on the physical development of young people but have also been designed to promote their overall wellbeing. By engaging in these activities, children and young people have benefited from improved mental health, greater social connections, and a stronger sense of belonging.
Looking Ahead
As we look to the future, we are more committed than ever to making a lasting impact on the young people and families we serve. Our goal is to continue providing accessible physical and creative activities, ensuring that every child and young person in our community has the opportunity to thrive.
We will also focus on strengthening our partnerships and securing the resources needed to expand our reach. We are committed to overcoming any challenges and continuing to deliver high-quality services that meet the needs of our community.
Thank you to everyone who has supported Testlands Support Project this year. Together, we are creating a brighter future for the children and young people of Southampton.
Page 1
**Testlands Support Project Trustees Annual Report**
The trustees present their report with the unaudited financial statements of the charity for the period ended 30 June 2023.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Charity No. 1161725**
## **Trustees**
The following trustees served during the year:
Chris Lewis Joseph Crook Luke Newman Mark Bigwood Sarah-Jane Carmelita Challis
## **Accountants**
Sort Your Accounts Hampshire Ltd 87 The Hundred Romsey SO51 8BZ
## **Statement of trustees' responsibilities in relation to the financial statements**
The charity trustees are responsible for preparing a trustees' annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the Trust deed. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
Signed on behalf of the charity's trustees
Luke Newman Trustee 30 June 2023
Page 2
**Testlands Support Project Statement of Financial Activities**
## **for the period ended 30 June 2023**
**----- Start of picture text -----**
Unrestricted
funds Total funds
2023 2023
Notes £ £
Income and endowments
from:
Donations and legacies 2 1 1
Other trading activities 3 165,991 165,991
**----- End of picture text -----**
|**Total**
**Expenditure on:**
Other
4
**Total**
Net gains on investments
**Net expenditure**
Transfers between funds
**Net expenditure before other**
**gains/(losses)**
**Other gains and losses**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|165,992|165,992
227,049
227,049
-
(61,057)
-
(61,057)
(61,057)
74,344
13,287|
|---|---|---|
||||
||227,049||
||227,049||
||-||
||(61,057)||
||-||
||(61,057)||
||||
||(61,057)||
||||
||74,344||
||13,287||
||||
||||
||||
Page 3
**Testlands Support Project Balance Sheet**
## **at 30 June 2023**
|**Charity No. 1161725**
**Fixed assets**
Tangible assets
6
**Current assets**
Cash at bank and in hand
**Net current assets**
**Total assets less current liabilities**
**Net assets excluding pension asset or liability**
**Total net assets**
**The funds of the charity**
**Restricted funds**
7
**Unrestricted funds**
7
General funds
**Reserves**
7
**Total funds**
Approved by the trustees on 30 June 2023|**2023**
**£**
5,665
5,665
7,622
7,622
7,622
13,287
13,287
13,287
13,287
13,287
13,287|**£**
-|
|---|---|---|
|||-
-|
|||-|
|||-
-|
|||-|
|||-|
|||74,344|
|||74,344|
|||74,344|
||||
And signed on their behalf by: Luke Newman Trustee 30 June 2023
Page 4
**Testlands Support Project Notes to the Accounts**
## **for the period ended 30 June 2023**
- 1 **Accounting policies**
## **Basis of preparation**
The financial statements have been prepared in accordance with Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic if Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.
## **Change in basis of accounting or to previous accounts**
There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.
## **Fund accounting**
- Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity.
- Designated funds These are unrestricted funds earmarked by the trustees for particular purposes. Revaluation funds These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values.
- Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal.
## **Income**
- Recognition of Income is included in the Statement of Financial Activities (SoFA) when the charity income becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability.
- Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SoFA.
- Donations and Voluntary income received by way of grants, donations and gifts is included in the legacies the SoFA when receivable and only when the Charity has unconditional entitlement to the income.
- Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the donations and gifts gift/donation to which it relates. Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material.
Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets
Page 5
**Testlands Support Project Notes to the Accounts**
## **Expenditure**
- Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT which expenditure cannot be fully recovered, and is reported as part of the expenditure to which it relates.
- Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activities services in the furtherance of its objects, including the making of grants and governance costs.
- Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid.
- Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs.
- Other expenditure These are support costs not allocated to a particular activity.
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **Freehold investment property**
Investment properties are measured initially at cost and subsequently at fair value at each balance sheet date and are not depreciated. All gains or losses are taken to the Statement of Financial Activities as they arise.
## **Stocks**
Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fair value which is the amount the charity would have been willing to pay for the items on the open market.
## **Trade and other debtors**
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
## **Cash and cash equivalents**
Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.
## **Trade and other creditors**
Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
Page 6
**Testlands Support Project Notes to the Accounts**
## **Research and development**
Expenditure on research and development is written off in the year in which it is incurred.
## **Foreign currencies**
Monetary assets and liabilities denominated in currencies other than the functional currency of the charity are translated at the rates of exchange prevailing at the end of the reporting period. Transactions in currencies other than the functional currency of the charity are recorded at the rate of exchange on the date that the transaction occurred.
All exchange differences are are taken into account in arriving at net income/expenditure.
## **Leased assets**
Where the charity enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease.
Leases which do not transfer substantially all the risks and rewards of ownership to charity are classified as operating leases.
Assets held under finance leases are initially recognised as assets of the charity at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the charity's policy on borrowing costs.
Assets held under finance leases are depreciated in the same way as owned assets.
Operating lease payments are recognised as an expense on a straight-line basis over the lease term. In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis.
## **Pension costs**
The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the charity pays fixed contributions into a separate entity. Once the contributions have been paid the charity has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the charity in independently administered funds.
## **Receipt of donated goods, facilities and services**
All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity.
- 2 **Income from donations and legacies**
||**Unrestricted**
**£**
1
1|**Total**
**2023**
**£**
1|
|---|---|---|
|||1|
Page 7
**Testlands Support Project Notes to the Accounts**
## 3 **Income from other trading activities**
|4
**Other expenditure**
Employee costs
General administrative costs
Legal and professional costs
5
**Staff costs**
No employee received emoluments in excess
6
**Tangible fixed assets**
**Cost or revaluation**
Additions
At 30 June 2023
**Net book values**
At 30 June 2023
7
**Movement in funds**
**Restricted funds:**
**Unrestricted funds:**
**General funds**
**Total funds**
8
**Analysis of net assets between funds**
Fixed assets
Net current assets|of £60,000.
**At 1**
**February**
**2022**
74,344
74,344|**Unrestricted**
**£**
165,991
165,991
**Unrestricted**
**£**
225,165
7
1,877
227,049
**Incoming**
**resources**
**(including**
**other**
**gains/losses**
**)**
**£**
165,992
165,992|**Total**
**2023**
**£**
165,991
165,991
**Total**
**2023**
**£**
225,165
7
1,877
227,049
**£**
5,665
5,665
5,665
**Resources**
**expended**
**£**
(227,049)
(227,049)
**Unrestricted**
**funds**
**£**
5,665
7,622
13,287|**£**
5,665|
|---|---|---|---|---|
|||||5,665|
|||||5,665|
|||||**At 30 June**
**2023**
**£**
13,287|
|||||13,287|
|||||**Total**
**£**
5,665
7,622|
|||||13,287|
Page 8
**Testlands Support Project Notes to the Accounts**
9 **Reconciliation of net debt**
|Cash and cash equivalents
Net debt|**Cash flows**
**£**|**At 30 June**
**2023**
**£**|
|---|---|---|
||7,622|7,622|
||7,622
7,622|7,622|
|||7,622|
Page 9
**Testlands Support Project Detailed Statement of Financial Activities**
## **for the period ended 30 June 2023**
|**Income and endowments from:**
Donations and legacies
Other trading activities
**Total income and endowments**
**Expenditure on:**
Employee costs
Temporary staff
General administrative costs,
including depreciation and
amortisation
Bank charges
Legal and professional costs
Accountancy and bookkeeping
Other legal and professional
costs
**Total of expenditure of other costs**
**Total expenditure**
Net gains on investments
**Net expenditure**
**Net expenditure before other**
**gains/(losses)**
Other Gains
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|**Unrestricted**
**funds**
**2023**
**£**
1
1
165,991
165,991
165,992
225,165
225,165
7
7
1,807
70
1,877
227,049
227,049
-
(61,057)
(61,057)
-
(61,057)
74,344
13,287|**Total funds**
**2023**
**£**
1|
|---|---|---|
|||1|
|||165,991|
|||165,991|
|||165,992
225,165|
|||225,165|
|||7|
|||7|
|||1,807
70|
|||1,877|
||||
|||227,049|
|||227,049
-|
|||(61,057)|
|||(61,057)
-|
|||(61,057)|
|||74,344|
|||13,287|
Page 10
## FEB 22 TO JUN 23 TSP FINAL
Final Audit Report
2025-04-30
Created: 2025-04-30 By: Antoinette LePeuple (antoinette@sortyouraccounts.com) Status: Signed Transaction ID: CBJCHBCAABAADVfVpSjN-pzY9n9fXLTAlDA-HNI_Ay5F
## "FEB 22 TO JUN 23 TSP FINAL" History
Document created by Antoinette LePeuple (antoinette@sortyouraccounts.com) 2025-04-30 - 8:37:00 PM GMT
Document emailed to Luke Newman (luke.newman@testlandsmc.com) for signature 2025-04-30 - 8:37:08 PM GMT
Email viewed by Luke Newman (luke.newman@testlandsmc.com) 2025-04-30 - 8:39:39 PM GMT
Document e-signed by Luke Newman (luke.newman@testlandsmc.com) Signature Date: 2025-04-30 - 8:39:54 PM GMT - Time Source: server
## Agreement completed.
2025-04-30 - 8:39:54 PM GMT