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|Page||||
|---|---|---|---|
|1to10|Report ofthe trustees|||
||Independent
examiner's||report|
|12|Statement offinancial||activities|
|13|Balance sheet|||
|14to 22|Notes to the financial|statements||
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||||||||2023|2022|
|---|---|---|---|---|---|---|---|---|
|Net (expenditure)|/ income||||||(52,368)|102,226|
|Unrestricted
revenue
funds
charity||available|for the|general|PurPoses|of the|584744|627|
|Designated
revenue|funds|||||||75,000|
|Restricted income|funds —grants||||||56,823||
|Totalfunds|||||||641,567|702466|
|Total Foundation|funds||||||641,567|702466|
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||2023|2022|
|---|---|---|
|Net income|12,610|20,401|
|Restricted funds|104,965|92,355|
|Total restricted funds|104,965|92,355|
|Total linked charity funds|104,965|92/55|
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|||Note|||Restricted|Restricted|||
|---|---|---|---|---|---|---|---|---|
|||||Unrestricted|funds|funds|2023|2022|
|||||funds|(greats)|(linked cbacity)|Total|Total|
|Income from:|||||||||
|Donations,
grants and legacies||||172,592|56,823|80,424|309,839|188,432|
|Other trading activities||||102,520|||102,520|86,900|
|Investments||||6,504|||6,504|365|
|Total income||||281,616|56,823|80,424|418,863|275,697|
|Expenditure
on:|||||||||
|Raising funds||||71,269||860|72,129|57,633|
|Charitable
activities||||319,538||66,954|386,492|93,312|
|Total expenditure|||8|390,807||67,814|458,621|150,945|
|Net (expenditure)|/ income|||(109,191)|56,823|12,610|(39,758)|124,752|
|Net losses on investments||||(8,331)|||(8,331)|(2,125)|
|Net (expenditure)|/ income before|transfers||(117,522)|56,823|12,610|(48,089)|122,627|
|Transfers
between|funds||14||||||
|||||(117,522)|56,823|12,610|(48,089)|122,627|
|Net movement
in funds in year|||||||||
|Iteconcilinrion offunds|||||||||
|Total funds brought|forward|||702,266|||702,266|600,040|
|Total funds brought|forward - linked||16|||92,355|92,355|71,954|
|charity|||||||||
|Total funds carried forward||||584,744|56,823|104,965|746,532|794,621|
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||||Note||2023||2022|
|---|---|---|---|---|---|---|---|
|Fixed assets||||||||
|Investments|||||342,017||347,971|
|Current
assets||||||||
|Debtors|||10|4,339||182||
|Cash at bank|and in hand|||303,744||365,407||
|Cash at bank|and in hand - linked charity|||104,965||92,355||
|||||413,048||457,944||
|Creditors:|amounts|falling due within||||||
||one year|||(8,533)||(11,294)||
|Net current|assets||||404,515||446,650|
|Net assets|||||746,532||794,621|
|Funds ofthe charity||||||||
|Unrestricted|income|funds|13||584,744||702,266|
|Restricted income funds - grants|||16||56,823|||
|Restricted income funds - linked charity|||16||104,965||92,355|
|Total charity funds|||12||746,532||794,621|
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|Net (expenditure)
income|Net (expenditure)
income|||||||2023|2022|
|---|---|---|---|---|---|---|---|---|---|
|||||||||Total|Total|
|Net (expenditure)
income|for|the|year is stated after||charging:|||||
|Independent
examination|and|accountancy||services:||||||
|Independent
examination||||||||1,620|1,380|
|Accountancy
services||||||||3,300|2,820|
|Pension costs||||||||1,321|913|
||||||||Restricted|||
|Donations, grants and legacies|||||Unrestricted|Restricted|funds|2023|2022|
||||||funds|funds|(iinked cbnrttr)|Total|Total|
|a)Foundation||||||||||
|Donations fiom individuals|||||71,366|||71,366|63,777|
|Donations
from corporations||and|trusts||39,131|||39,131|25,877|
|Gifi aid claimed|||||7,004|||7,004|7,842|
|Donations
in kind|||||12,431|||12,431||
|The Dalgleish
Trust|||||7,500|||7,500||
|Generations
Foundation|||||6,760|||6,760||
|LTA Tennis Foundation||||||31,381||31,381||
|Shanly Foundation||||||3,000||3,000||
|Hargreaves
Foundation||||||12,000||12,000||
|The Wimbledon
Foundation||||||2,942||2,942||
|The Victoria Foundation|||||2,500|||2,500||
|The Story ofChristmas|||||25,000|||25,000||
|(Charities Trust) YBSCharitable|||Foundation||900|||900||
|Boost Charitable
Foundation||||||4,500||4,500||
|The Hedley Foundation||||||3,000||3,000||
||||||172,592|56,823||229,415|97,496|
|b) Performance
Plus Sport||UK|- linked|charity||||||
|Donations fiom individuals|||||||6,310|6,310|33,665|
|Donations
from corporations||and|trusts||||59,993|59,993|54,398|
|Gifi aid claimed|||||||14|14|2,873|
|Donations
in kind|||||||4,107|4,107||
|The Hollick Family Foundation|||||||10,000|10,000||
||||||||80,424|80,424|90,936|
||||||172,592|56,823|80,424|309,839|188,432|
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||||FOR THE YEAR ENDED 3|1AUGUST 2|023|||
|---|---|---|---|---|---|---|---|
|5.|Other tradin|g activities|||Restricted|||
|||||Unrestricted|funds|2023|2022|
|||||funds|(linked cbarity)|Total|Total|
||Fundraising|events||102,520||102,520|86,900|
|6.|Income from investments||||Restricted|||
|||||Unrestricted|funds|2023|2022|
|||||funds|(linked cbarity)|Total|Total|
||Interest on cash deposits|||3,181||3,181|269|
||Dividends
and interest trom||investments|3,323||3,323|96|
|||||6,504||6,504|365|
|7.|Expenditure|on charitable|activities - grant funding ofactivities||Restricted|||
|||||tlnrestricted|funds|2023|2022|
|||||funds|(linked cbarity)|Total|Total|
||Grants made|to individuals|||||5,290|
||Grants made|to organisations|(Notes 7a)|150,671||150,671|5,750|
||Partner Programmes
grants||returned||||(31,756)|
||Bespoke Programmes
grant||returned||||(1,250)|
||Reallocated|(1om support costs||3,569||3,569|17,113|
|||||154,240||154,240|(4,853)|
||||2023|2022||
|---|---|---|---|---|---|
|Breakdown|ofgrants made to|organisations|Total|Total||
|Aid Pioneers|- Syria Emergency|Response|18,000|||
|Chadsgrove|School||10,568|||
|Chailey Heritage Foundation|||10,129|||
|Frank Wise|School||1,974|||
|Meridian
High School|||25,000|||
|Naomi House dt Jack's Place|||10,000|||
|Raynes Park|High School||75,000||750|
|Reed's School Foundation||||5,000||
||||150,671|5,750||
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||||||||FO|R THK YE|R THK YE|AR ENDED 3|1AUGU|ST 20|23||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|8.|Total expenditure|||||||Reiving||Activities|Grant||Goverasace||||
|||||||||funds||undertaken|fuadiug|of|costs|2023||2022|
|||||||||||directly|activities|||Total||Total|
||a) Foundation||||||||||||||||
||Direct costs||||||||||||||||
||Grants made to individuals|||||(note 7)||||||||||5,290|
||Grants made to organisations||||||(nore 7)||||150,671|||150,671||5,750|
||Sport Programmes|||||||||64,476||||64,476|||
||Education
Programmes|||||||||56,646||||56,646|||
||Partner Programmes||grants|||returned||||||||||(31,756)|
||Bespoke Programmes||grant|||returned||||||||||(1,250)|
||Partner Programmes|||||||||||||||5,338|
||Special Needs Programmes|||||||||||||||350|
||Accountancy
and independent||||||||||||||||
||examiner's
fees||||||||||||4,920|4,920||4,200|
||Professional
fees|||||||4,478||||||4,478||12,333|
||Investment
management||||fees||||946||||||946||
||Fundraising,
branding|||and marketing||||10,287||||||10,287||9,300|
||Fundraising
events and|||costs||||27,008||||||27,008||15,789|
||Allocated support|costs|||||||||||||||
||Staffcosts|||||||22,303||22,303|2,788||8,364|55,758||41,291|
||Accountancy
fees|||||||3,396||3,396||425|1,273|8,490||8,026|
||Office costs|||||||2,851||2,851||356|1,069|7,127||5,749|
|||||||||71,269||149,672|154,240||15,626|390,807||80,410|
||b) Performance
Plus|||Sport|||UK - linked charity||||||||||
||Direct costs||||||||||||||||
||Partner Programmes|||||||||||||||10,099|
||Bespoke Programmes|||||||||||||||39,069|
||Sport Programmes|||||||||44,604||||44,604|||
||Education
Programmes|||||||||21,617||||21,617|||
||Other charitable
activity||||and||projects|||||||||822|
||Professional
fees|||||||||||||||15,570|
||Accountancy
fees|||||||||||||||1,440|
||Fundraising,
branding|||and marketing|||||||||||341|705|
||Fundraising
costs||||||||||||||519|1,625|
||Allocated support|costs|||||||||||||||
||Office costs|||||||||733|||||733|1,205|
||||||||||860|66,954||||67,814||70,535|
|||||||||72,|129|216,626|154,240||15,626|458,621||150,945|
||Foundation||||||||||||||||
||Activities undertaken||directly||||and grant funding||||303,912||||||
||Governance
costs||||||||||15,626||||||
||||||||||||319,538||||||
||Performance
Plus|Sport UK - linked charity|||||||||||||||
||Activities undertaken||directly||||and grant funding||- linked charity||66,954||||||
||Governance
costs -|linked charity|||||||||||||||
||||||||||||66,954||||||
||Total expenditure|on||charitable
activities|||||||386,492||||||
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|8.|Total expenditure
(continued)|||||||
|---|---|---|---|---|---|---|---|
||The aggregate
staff costs were:|||||2023|2022|
||Wages and salaries|||||53,068|40,378|
||Social security costs|||||1,369||
||Pension costs|||||1,321|913|
|||||||55,758|41,291|
||The Foundation
considers
its key management|||personnel
comprise the Chief Executive Officer.||||
||The total employment
benefits ofthe key||management||personnel
were $54,389(2022:&11,291).|||
||There are no employees
with emoluments||above f60,000per annum.|||||
||The average number ofemployees|during|the|year, analysed by function was as follows:||||
|||||||2023|2022|
||Management|||||1|1|
||Trustees'
remuneration
and related party|||transactions||||
||The Trustees did not receive any emoluments|||during|the year and were not paid or reimbursed|for any expenses.||
|9.|Investments|||||2023|2022|
||Investments
at fair value comprised:|||||||
||i)
Listed investments|||||336,044|344,375|
||Cash available for reinvestment|||by investment
advisers||5,973|3,596|
|||||||342,017|347,971|
||Listed investments|||||2023|2022|
||At I September 2022|||||344,375||
||Additions
at cost||||||346,500|
||Unrealised
losses on|revaluation||||(8,331)|(2,125)|
||At 31August 2023|||||336,044|344,375|
||Historical cost at 31 August||2023|||346,168|346,500|
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|11.|Creditors:|amounts|falling due within one year|falling due within one year||||2023|2022|
|---|---|---|---|---|---|---|---|---|---|
||Trade creditors|||||||631|2,142|
||Accruals and deferred
income|||||||6,819|7,906|
||Other taxation and social security|||||||1,083|1,246|
|||||||||8,533|11,294|
|12.|Analysis ofnet assets between|||funds||Net|Net|Total|Total|
|||||||current|current|funds|funds|
||||||Investments|assets|liabilities|2023|2022|
||Unrestricted|income funds||||||||
||Unrestricted|revenue|funds||342,017|251,260|(8,533)|584,744|627,266|
||Designated|revenue|funds||||||75,000|
||||||342,017|251,260|(8,533)|584,744|702,266|
||Restricted income||funds - grants|||||||
||Community|Activity|Programmes|||34,381||34,381||
||Inclusive Activity Programmes|||||22,442||22,442||
|||||||56,823||56,823||
||Restricted income||funds - linked charity|||||||
||Performance|Plus Sport UK||||104,965||104,965|92,355|
||||||342,017|413,048|(8,533)|746,532|794,621|
||Analysis ofnet assets between fands -previous||||period|||||
|||||||Net|Net|Total|Total|
|||||||current|current|funds|funds|
||||||Investments|assets|liabilities|2022|2021|
||Unrestricted|income funds||||||||
||Unrestricted|revenue|funds||347,971|290,589|(11,294)|627,266|396,178|
||Designated|revenue|funds|||75,000||75,000|203,862|
||||||347,971|365,589|(11,294)|702,266|600,040|
||Restricted income||funds|||||||
||Performance|Plus Sport UK - linked charity||||92 355||92 355||
||||||347,971|457,944|(11,294)|794,621|600,040|
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|Unrestricted|income funds|income funds|||Movement|Movement|||
|---|---|---|---|---|---|---|---|---|
||||||in resources:||||
||||Balance|||Investment||Balance|
||||2022|Income|Expenditure|losses|Transfer|2023|
|Unrestricted|revenue|funds|627,266|281,616|(390,807)|(8,331)|75,000|584,744|
|Designated|revenue|funds|75,000||||(75,000)||
||||702,266|281,616|(390,807)|(8,331)||584,744|
|Unrestricted|income|funds - previous period||Movement|||||
||||Balance|resources:||Investment||Balance|
||||2021|Income|Expenditure|losses|Transfer|2022|
|||||g|||||
|Unrestricted|revenue|funds|396,178|184,761|(80,410)|(2,125)|128,862|627,266|
|Designated|revenue|funds|203,862||||(128,862)|75,000|
||||600,040|184,761|(80,410)|(2,125)||702,266|
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|unrestricted|funds,|as this grant was paid during th|e year.|||||
|---|---|---|---|---|---|---|---|
|16.Restricted|income|funds|||Movement|||
||||Balance||in resources:||Balance|
||||2022|Income|Expenditure|Transfer|2023|
|Restricted|income|funds - grants||||||
|Community|Activity Programmes|||34,381|||34,381|
|Inclusive Activity||Programmes||22,442|||22,442|
|||||56,823|||56,823|
|Restricted|income|funds - linked charity||||||
|Performance|Plus|Sport UK|92,355|80,424|(67,814)||104,965|
||||||Movement|||
||||Balance||in resources:||Balance|
|Restrictedincome||funds -previous period|2021|Income|Expenditure|Transfer|2022|
|Performance|Plus|Sport UK - linked charity|71,954|90,936|(70,535)||92,355|
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