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2021-03-31-accounts

Trustees Carole Hollman
Mike McNeil
James Wright
Charity name Speed Works
Charity number 1166429
Registered address 64Turvey Lane
Long Whatton
Loughborough
Leicesters hire
LE12SDN
Independent Examiner Brooks &Partners Accountants Ltd
22 St Peter's Street
Stamford
Lincolnshire
PE9 2PF
Page
Trustees'
Report
1-3
Independent
examiner's
report
Statement
offinancial
activities
Balance Sheet 6-7
Notes to the financial statements 8-12

OR YEAR ENDING 31March 2021
2021 2021 2021 2020
Unrestricted Restricted Total Total
funds funds funds funds
Notes
INCOME FROM:
Donations
and legacies
33,786 33,786 33,190
Coaching fees 10,593 10,593 55,489
Totallncome 44,379 44,379 88,679
EXPENDITURE ON:
C ha rita b le activities 4,8 34,233 34,233 88,628
Governance
costs
900 900 900
Other resources expended 9,343 9,343 3,805
Tota I Expenditure 44,476 44,476 93,333
NET INCOME /
(EXPENDITURE) FOR THE
YEAR
NET MOVEMENT
IN
FUNDS -98 -98 -4,654
FUND BALANCE BROUGHT
FORWARD AT 1APRIL 2020
10,868 10,868 15,522
FUND BALANCE CARRIED
FORWARD AT31MARCH 2021 10,770 10,770 10,868

2021 2021 2021 2020
Unrestricted Restricted Total Total
Funds Funds Funds Funds
Notes f f
FIXEDASSETS
Tangible fixed
assets
CURRENT
ASSETS
Cash at bank and in hand 10,770 10,770 19,748
Debtors 0 0 300
10,770 0 10,770 20,048
CURRENT
LIABILITES
Creditors: amounts falling
clue
within one year 9,180
9,180
NET CURRENT
ASSETS 10,770 0 10,770 10,868
TOTAL ASSETS LESSCURRENT
LIABILITIES 10,770 0 10,770 10,868
FUNDS
Unrestricted
funds 10,770 10,770 10,868
Restricted funds
TOTAL FUNDS 10,770 0 10,770 10,868

3 Voluntary Voluntary Income
2021 2021 2021 2020
Unrestricted Restricted Total Total
Funds Funds Funds Funds
f f f f
Coaching fees 10,593 10,593 55,489
Donations 33,786 33,786 33,190
44,379 44,379 88,679
Charitable Activities
2021 2021 2021 2020
Unrestricted Restricted Total Total
Funds Funds Funds Funds
Consultant coaches and therapists 33,545 33,545 83,365
Venue hire 160 160 3,599
Sports equipment 528 528 1,664
34,233 34,233 88,628
2021 2021 2021 2020
Unrestricted Restricted Total Total
Funds Funds Funds Funds
Accountancy 900 900 900
900 900 900

Other Other Resources Expended Expended
2021 2021 2021 2020
Unrestricted Restricted Total Total
Funds Funds Funds Funds
Travel and subsistence 2,820
Computers and software 845 845 893
Advertising 1,245 1,245
Consultant Administrator 6,650 6,650
Stationery/Postage 36 36
Uniforms 525 525
Bank Charges 42 42 89
9,343 9,343 3,805
Debtors
2021 2021 2021 2020
Unrestricted Restricted Total Total
Coaching fee awaiting payment 300
300
Creditors: Amounts falling due Within one year
2021 2021 2021 2020
Unrestricted Restricted Total Total
Speedworks Training Ltd —Related Party 8,800
Refund ofcoaching fee paid due to covid 380
9,180

Movement Movement in Funds
At 31 Net At 31
March movement March
2020 in funds 2021
Unrestricted 10,868 -98 10,770
Restricted
10,868 -98 10,770
10
Analysis of
net assets betWeen funds
2021 2021 2021 2020
Unrestricted Restricted Total Total
Fund balance at 31March 2021are
represented by:—
Tangible assets
Current assets / (liabilities) 10,770 10,770 10,868
10,770 10,770 10,868