**REGISTERED CHARITY NUMBER: 1168775**
**Report of the Trustees and**
**Unaudited Financial Statements for the Year Ended 31 August 2021**
**for**
**Gainsborough Trinity Foundation**
Wright Vigar Limited Chartered Accountants & Business Advisers 15 Newland
Lincoln Lincolnshire LN1 1XG
**Gainsborough Trinity Foundation**
## **Contents of the Financial Statements for the Year Ended 31 August 2021**
|||**Page**||
|---|---|---|---|
|**Report of the Trustees**|1|to|5|
|**Independent Examiner's Report**||6||
|**Statement of Financial Activities**||7||
|**Balance Sheet**||8||
|**Cash Flow Statement**||9||
|**Notes to the Cash Flow Statement**||10||
|**Notes to the Financial Statements**|11|to|18|
|**Detailed Statement of Financial Activities**|19|to|20|
## **Gainsborough Trinity Foundation**
## **Report of the Trustees for the Year Ended 31 August 2021**
The trustees present their report with the financial statements of the charity for the year ended 31 August 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
The objects of the charity as set out in its governing document are:
The relief of those in need by reason of youth, age, ill-health, gender, economic status, disability or other disadvantage in Lincolnshire by:
- the advancement of education and training
- the preservation and protection of good physical and mental health
- the promotion of community participation in healthy recreation by providing facilities for the playing of football and such other sports or physical activities which improve fitness and health (facilities means land, buildings, equipment and organising sporting activities)
- such other purposes recognised from time to time by law as charitable
Page 1
**Gainsborough Trinity Foundation**
## **Report of the Trustees for the Year Ended 31 August 2021**
## **OBJECTIVES AND ACTIVITIES Significant activities**
Our charity offers a number of activities in delivering their objectives:
## Holiday Clubs
Our Holiday Clubs are for 5-11 year olds and are aimed at children of all abilities to take part in an exciting day of fun filled football and sport activities.
## Mini Kickers
Mini Kickers provides children with an introduction to football coaching and a chance to develop their skills.
Sessions will provide young players with important FUNdamental movement skills, a range of football skills and most importantly social and interaction skills to help them reach their potential. By keeping group sizes small we can ensure high quality experience as children take their first steps into sports
All sessions are delivered by fully qualified and DBS checked staff in a fun, safe and structured environment.
Sessions are delivered during term time at our home Roses Sports Ground.
## Talent Development Centres (TDC)
Gainsborough Trinity Foundation Talent Development Centre is for primary school children aged under 6 to under 11. The TDC programme will run from our new state of the art Roses facility in the town centre.
These sessions run from 5:30 to 7:00 on a Thursday evening and will be coached be UEFA qualified coaches (or working towards) following a yearly syllabus focused on the individuals progress and development.
As well as the training sessions we will be running a regular games programme against other grassroots/development/academy teams.
Each player will receive a yearly report on their progress and coaches will be available to provide updates to parents throughout the season.
Players who are excelling will be pointed in the direction of various local football league academies that Gainsborough Trinity have a relationship with, our aim is to produce/assist as many local players as possible, no player showing consistent academy level football will ever be held back!
All players in this centre can play alongside their grassroots club and we encourage they do for maximum development opportunities.
## Wildcats- Ladies Football
Our Wildcats sessions are for ages 5-11 and are aimed at Girls of all abilities, introducing them to football, where they will work on football skills and play fun games.
There will be additional options to play in monthly festivals, hosted by Lincolnshire FA, around the county.
## Disability Sports
Our foundation strives to provide equal opportunities for everyone in our community, regardless of ability. Through coaching and training sessions available to all.
## Primary School Packages
We strive for excellence in the work that we deliver, providing a high-quality offering, whilst looking to make a significant impact within schools and the local community. Every pupil should be given the chance to excel, and our staff will create an environment which is fun, engaging and have the appropriate challenges to meet their needs and provide an overall positive experience.
The Gainsborough Trinity Foundation staff are trained to plan, deliver and evaluate sessions which are suitable for all learners. Our staff will link into your current planning and assessing procedures, helping or providing school reports, as well as supporting change and improvement to create lasting benefits to sport within your school.
The team also boasts vast knowledge and experience to work with your staff to improve their delivery of PE, build confidence when delivering specific elements of the curriculum, and broaden their awareness of effective teaching approaches. Our flexible approach and wide range of resources will allow us to support and engage with teachers to meet their specific CPD requirements though Sports Premium funding.
Page 2
**Gainsborough Trinity Foundation**
## **Report of the Trustees for the Year Ended 31 August 2021**
## **OBJECTIVES AND ACTIVITIES**
## Development of Facilities
The charity looks to work with grant providers, local councils and businesses for opportunities to develop sporting facilities in the area for the benefit of the local community.
## Gainsborough Spoke
Our charity along with other partners facilitates mental health and wellbeing workshops at Roses Sports Ground available to the local community.
## **Public benefit**
In deciding the activities of the charity the trustees have had due regard to the guidance on public benefit published by the Charity Commission.
## **Volunteers**
The charity had 23 volunteers during the year. These assisted in the running of courses and coaching.
All volunteers were subject to the required Disclosure and Barring Service (DBS) checks.
## **ACHIEVEMENT AND PERFORMANCE**
## **Charitable activities**
During the period the 3G development has been completed and is now an established community asset almost at capacity. We started discussions with the local authority and County football association about plans for growth for the facilities to meet demand. Through improved facilities we have been able to increased the number of sessions and services available to those most in need in our community.
During the period the charity ran Mini Kickers, Talent Development Centres, Wildcats and Disability Sports classes to 120 people in the period. Now the 3G is established we are looking to increase and further grow participation levels.
The charity helped 10 local Primary schools in the period in delivering their physical education programmes.
The charity also helped facilitate the Gainsborough SPOKE which is a project to help mental health within Gainsborough. The project uses the Roses sports ground sports and social facilities to create an environment where services can be delivered to the community. The charity works with other local entities in order to share specialisms so that the beneficiary can receive the best service possible.
## **FINANCIAL REVIEW**
## **Financial position**
At the year end the charity had overall funds of £840,811 of which £787,822 were restricted and £52,989 were unrestricted funds.
The main impact on the charity in the period was the transfer of the lease for Roses Sports Ground along with the construction of 3G facilities.This was undertaken following the receipt of funding from the Football Foundation and West Lindsey District Council. The new facilities have allowed the charity to relocate their community team to the site, increased the level of facilities in the area and allowed for other health and wellbeing activities to be undertaken at the site.
The capital cost of the 3G pitches was £753,704 and the carried forward value of £644,232 represents the majority of the restricted funds of the charity. The restricted funds also include part of a tractor purchased in the year carried forward at £36,828. The remaining is unexpended cash on restricted projects of £106,762.
Unrestricted reserves were made up of fixed assets of £87,146 with net current liabilities of £34,157. This is due to large creditors from related parties supporting the cashflow prior to additional funding coming in.
## **Reserves policy**
The charity aims to hold unrestricted reserves equivalent to six months of expenditure so that if funding reduced it was able to carry out its activities for this period whilst further funding was gained.
The level of six months funding would be £90,000 based on the current year. At the year end the charity had unrestricted reserves of £52,989 which is currently below this figure. As there has been a significant transition in the size of the charity and its activities this appears reasonable but the trustees are to monitor this alongside delivering the objectives in order to increase this to the desired level. The trustees will also review the liquidity of funds in order to ensure that the charity has sufficient free reserves.
Page 3
**Gainsborough Trinity Foundation**
## **Report of the Trustees for the Year Ended 31 August 2021**
## **STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document**
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
The charity is controlled by its governing document, its constitution and is a Charitable Incorporated Organisation registered with the Charity Commission.
## **Recruitment and appointment of new trustees**
New trustees will be appointed by the existing trustees of the charity based on the expertise that they will offer to the board. The trustees regularly review the skill sets of the board and where there is a need for certain skills to be added will approach appropriate candidates to join the board.
The governing document describes the eligibility for trusteeship and any new trustee application to the board will be reviewed in line with these requirements.
## **Organisational structure**
The charity is governed by it's Board of Trustees who decide on the overall running and governance of the charity. The board meet on a quarterly basis to review matters facing the charity with decisions being taken based on an overall majority.
During the COVID pandemic, the frequency of meetings was increased so that these were on a weekly or monthly basis with the management of the charity to ensure that performance, safeguarding and financial reviews were undertaken more often in this uncertain time.
## **Decision making**
Decisions are voted on by the board of trustees. Each trustee has one vote and in the event of a tie, the chairperson has the deciding vote.
All trustees declare any conflicts of interests at the start of the meeting and would be unable to vote on any decision where a conflict arises.
## **Induction and training of new trustees**
All Trustees receive reference material from the Charity Commission website. Specific items relating to the Charity are discussed as a Board in the Trustee meetings.
## **Key management remuneration**
The Trustees consider the role and responsibilities of key management personnel and review the remuneration package in line with similar entities. Annual appraisals and pay reviews on key management personnel are undertaken based on the individual's performance of their duties and fulfilment of the objectives of the charity in the period.
## **Related parties**
None of our trustees recevie remuneration or other benefit from their work with the charity. Any connection between a trustee or senior manager of the charity with a customer, supplier or staff member must be disclosed to the full board of trustees.
The charity works closely and is associated with Gainsborough Trinity Football Club in delivering its activities and benefits to the local community. Whilst the charity is responsible for undertaking the activities support is given from the football club and businesses of its chairman through volunteer hours, administrative services and assistance.
## **COVID- 19**
The charity was impacted greatly by the COVID 19 pandemic with all team activities suspended from 23 March 2020. There was a brief re-opening of activities in July when some of the initial sanctions were lifted but the charity only had 7 months where it operated as normal.
In response to the pandemic and uncertainty, the charity furloughed staff who were unable to work and reclaimed the employee costs via the furlough scheme.
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number**
1168775
## **Principal address**
Northolme Gainsborough Lincolnshire DN21 2QW
Page 4
**Gainsborough Trinity Foundation**
## **Report of the Trustees for the Year Ended 31 August 2021**
## **Trustees**
G H Lynner R Stallard-Kane M Boles Mrs I D Stallard-Kane
## **Independent Examiner**
Wright Vigar Limited Chartered Accountants & Business Advisers 15 Newland Lincoln Lincolnshire LN1 1XG
Approved by order of the board of trustees on 30 June 2022 and signed on its behalf by:
Richard Kane (Jun 30, 2022 15:34 GMT+1)
R Stallard-Kane - Trustee
Page 5
## **Independent Examiner's Report to the Trustees of Gainsborough Trinity Foundation**
## **Independent examiner's report to the trustees of Gainsborough Trinity Foundation**
I report to the charity trustees on my examination of the accounts of Gainsborough Trinity Foundation (the Trust) for the year ended 31 August 2021.
## **Responsibilities and basis of report**
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner's statement**
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of ACCA which is one of the listed bodies.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or 2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
## Paul Colcomb
Paul Colcomb (Jun 30, 2022 15:49 GMT+1)
Paul Colcomb FCCA ACCA Wright Vigar Limited Chartered Accountants & Business Advisers 15 Newland Lincoln Lincolnshire LN1 1XG
30 June 2022
Page 6
## **Gainsborough Trinity Foundation**
## **Statement of Financial Activities for the Year Ended 31 August 2021**
|Notes
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
**Charitable activities**
5
Sports activities
Education
Health and wellbeing
Other trading activities
3
Investment income
4
Other income
**Total**
**EXPENDITURE ON**
Raising funds
6
**Charitable activities**
7
Sports activities
Education
Health and wellbeing
**Total**
**NET INCOME/(EXPENDITURE)**
**Transfers between funds**
15
**Net movement in funds**
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
**TOTAL FUNDS CARRIED FORWARD**|Unrestricted
fund
£
89,077
92,752
4,295
56,000
156,703
6
1,911
400,744
164,412
133,923
31,919
113,145
443,399
(42,655)
39,438
(3,217)
56,206
52,989|Restricted
funds
£
70,545
6,011
28,300
57,019
-
-
-
161,875
-
127,710
9,620
62,730
200,060
(38,185)
(39,438)
(77,623)
865,445
787,822|2021
Total
funds
£
159,622
98,763
32,595
113,019
156,703
6
1,911
562,619
164,412
261,633
41,539
175,875
643,459
(80,840)
-
(80,840)
921,651
840,811|2020
Total
funds
£
928,293
79,534
-
39,464
47,200
-
173|
|---|---|---|---|---|
|||||1,094,664
33,537
126,747
-
33,756|
|||||194,040|
|||||900,624
-|
|||||900,624
21,027|
|||||921,651|
The notes form part of these financial statements
Page 7
## **Gainsborough Trinity Foundation**
## **Balance Sheet**
## **31 August 2021**
|Notes
**FIXED ASSETS**
Tangible assets
11
**CURRENT ASSETS**
Debtors
12
Cash at bank and in hand
**CREDITORS**
Amounts falling due within one year
13
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**NET ASSETS**
**FUNDS**
15
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|Unrestricted
fund
£
87,146
54,338
388
54,726
(88,883)
(34,157)
52,989
52,989|Restricted
funds
£
681,060
-
106,762
106,762
-
106,762
787,822
787,822|2021
Total
funds
£
768,206
54,338
107,150
161,488
(88,883)
72,605
840,811
840,811
52,989
787,822
840,811|2020
Total
funds
£
840,273
76,270
114,887
191,157
(109,779)
81,378
921,651
921,651
56,206
865,445
921,651|
|---|---|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 30 June 2022 and were signed on its behalf by:
Richard Kane (Jun 30, 2022 15:34 GMT+1)
R Stallard-Kane - Trustee
The notes form part of these financial statements
Page 8
## **Gainsborough Trinity Foundation**
|**Cash Flow Statement**
**for the Year Ended 31 August 2021**
2021
Notes
£
**Cash flows from operating activities**
Cash generated from operations
1
17,928
Net cash provided by operating activities
17,928
**Cash flows from investing activities**
Purchase of tangible fixed assets
(38,350)
Interest received
6
Net cash used in investing activities
(38,344)
**Change in cash and cash equivalents in**
**the reporting period**
(20,416)
**Cash and cash equivalents at the**
**beginning of the reporting period**
2
114,887
**Cash and cash equivalents at the end of**
**the reporting period**
2
94,471|2020
£
980,579
980,579
(886,719)
-
(886,719)
93,860
21,027
114,887|
|---|---|
The notes form part of these financial statements
Page 9
**Gainsborough Trinity Foundation**
## **Notes to the Cash Flow Statement for the Year Ended 31 August 2021**
## **1. RECONCILIATION OF NET (EXPENDITURE)/INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES**
|**Net (expenditure)/income for the reporting period (as per the**
**Statement of Financial Activities)**
**Adjustments for:**
Depreciation charges
Interest received
Decrease/(increase) in debtors
(Decrease)/increase in creditors
**Net cash provided by operations**
**2.**
**ANALYSIS OF CASH AND CASH EQUIVALENTS**
Cash in hand
Notice deposits (less than 3 months)
Overdrafts included in bank loans and overdrafts falling due within one year
Total cash and cash equivalents
3.
**ANALYSIS OF CHANGES IN NET FUNDS**||2021
£
(80,840)
110,416
(6)
21,932
(33,574)
17,928
2021
£
368
106,782
(12,679)
94,471||2020
£
900,624
46,446
-
(76,270)
109,779
980,579
2020
£
1,125
113,762
-
114,887|
|---|---|---|---|---|
||||||
||||||
||At 1.9.20|Cash flow|At 31.8.21|
|---|---|---|---|
||£|£|£|
|**Net cash**||||
|Cash at bank and in hand|114,887|(7,737)|107,150|
|Bank overdraft|-|(12,679)|(12,679)|
||114,887|(20,416)|94,471|
|**Total**|114,887|(20,416)|94,471|
The notes form part of these financial statements
Page 10
**Gainsborough Trinity Foundation**
## **Notes to the Financial Statements for the Year Ended 31 August 2021**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
|Sports Facilities|- 10% on reducing balance|
|---|---|
|Plant and machinery|- 25% on reducing balance|
|Fixtures and fittings|- 25% on reducing balance|
|Computer equipment|- 33% on cost|
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **Pension costs and other post-retirement benefits**
The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
## **2. DONATIONS AND LEGACIES**
|Donations
Grants|2021
£
8,769
150,853
159,622|2020
£
3,691
924,602|
|---|---|---|
|||928,293|
Page 11
continued...
## **Gainsborough Trinity Foundation**
## **Notes to the Financial Statements - continued**
## **for the Year Ended 31 August 2021**
## **2. DONATIONS AND LEGACIES - continued**
Grants received, included in the above, are as follows:
|West Lindsey District Council
Football Foundation
Clothworkers
Rotary
Lincolnshire County Council
College
Covid funding
NHS South West Lincolnshire
Lincolnshire FA
Active Nation
Big Lottery
Lincolnshire Community Foundation
**3.**
**OTHER TRADING ACTIVITIES**
Shop income
Sponsorships
**4.**
**INVESTMENT INCOME**
Deposit account interest
**5.**
**INCOME FROM CHARITABLE ACTIVITIES**
Activity
Open sessions
Sports activities
Facilities hire
Sports activities
Grants
Sports activities
Grants
Education
Grants
Health and wellbeing
Grants received, included in the above, are as follows:
National League Funding
West Lindsey District Council
Education funding
Lincolnshire County Council
College
Riverside Access & Training Centre
NHS South West Lincolnshire
Lincolnshire FA
Lincoln Sports Partnership
Bishop Grosseteste University
Shine Lincolnshire|2021
£
25,153
8,349
-
-
16,570
3,315
52,062
27,470
400
3,000
9,534
5,000
150,853
2021
£
150,844
5,859
156,703
2021
£
6
2021
£
52,510
27,431
18,822
32,595
113,019
244,377
2021
£
1,000
8,995
2,400
85,172
12,011
-
27,647
6,011
-
8,000
13,200
164,436|2020
£
150,000
734,994
15,000
2,240
1,000
500
20,868
-
-
-
-
-|
|---|---|---|
|||924,602|
|||2020
£
44,147
3,053|
|||47,200|
|||2020
£
-
2020
£
15,924
2,560
61,050
-
39,464|
|||118,998|
|||2020
£
34,000
14,000
-
-
-
14,464
25,000
300
8,750
-
-|
|||96,514|
Page 12
continued...
**Gainsborough Trinity Foundation**
## **Notes to the Financial Statements - continued for the Year Ended 31 August 2021**
## **6. RAISING FUNDS**
## **Raising donations and legacies**
|Staff costs
Depreciation
**Other trading activities**
Purchases
Staff costs
Bad debts
**Investment management costs**
Kitchen and bar equipment
Aggregate amounts
**7.**
**CHARITABLE ACTIVITIES COSTS**
Direct
Costs
£
Sports activities
115,082
Education
22,467
Health and wellbeing
109,744
247,293
**8.**
**SUPPORT COSTS**
Management
£
Sports activities
114,342
Education
8,441
Health and wellbeing
29,270
152,053||
|---|---|
Page 13
continued...
**Gainsborough Trinity Foundation**
## **Notes to the Financial Statements - continued for the Year Ended 31 August 2021**
## **8. SUPPORT COSTS - continued**
|Sports activities
Education
Health and wellbeing|Human
Governance
resources
costs
£
£
360
17,486
119
5,771
413
20,011
892
43,268|Totals
£
146,551
19,072
66,131|
|---|---|---|
|||231,754|
## **9. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 August 2021 nor for the year ended 31 August 2020.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 August 2021 nor for the year ended 31 August 2020.
## **10. STAFF COSTS**
|Wages and salaries
Social security costs
Other pension costs
The average monthly number of employees during the year was as follows:
Charity staff|2021
£
252,647
11,355
2,514
266,516
2021
28|2020
£
57,225
3,423
551|
|---|---|---|
|||61,199|
|||2020
6|
No employees received emoluments in excess of £60,000.
## **11. TANGIBLE FIXED ASSETS**
|**COST**
At 1 September 2020
Additions
At 31 August 2021
**DEPRECIATION**
At 1 September 2020
Charge for year
At 31 August 2021
**NET BOOK VALUE**
At 31 August 2021
At 31 August 2020|Sports
Facilities
£
753,704
-
753,704
37,891
71,581
109,472
644,232
715,813|Plant and
machinery
£
88,656
14,475
103,131
5,068
22,057
27,125
76,006
83,588|Fixtures
and
fittings
£
38,068
21,749
59,817
3,124
14,053
17,177
42,640
34,944|Computer
equipment
£
6,291
2,126
8,417
363
2,726
3,089
5,328
5,928|Totals
£
886,719
38,350|
|---|---|---|---|---|---|
||||||925,069|
||||||46,446
110,417|
||||||156,863|
||||||768,206|
||||||840,273|
Page 14
continued...
**Gainsborough Trinity Foundation**
## **Notes to the Financial Statements - continued for the Year Ended 31 August 2021**
## **12. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
|Trade debtors
Other debtors
VAT
**13.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Bank loans and overdrafts (see note 14)
Trade creditors
Taxation and social security
Other creditors
**14.**
**LOANS**
An analysis of the maturity of loans is given below:
Amounts falling due within one year on demand:
Bank overdrafts
**15.**
**MOVEMENT IN FUNDS**
At 1.9.20
£
**Unrestricted funds**
General fund
56,206
**Restricted funds**
Roses Sports Ground- 3G Pitches
788,683
Apprentice
-
Gainsborough Spoke Project
20,554
Roses Sports Ground- Grass
4,755
Roses Sports Ground- General
-
Roses Sports Ground- Tractor
51,453
National League Project Funding
-
865,445
**TOTAL FUNDS**
921,651|Net
movement
in funds
£
(42,655)
(71,581)
13,200
27,646
(4,755)
5,949
(14,625)
5,981
(38,185)
(80,840)||
|---|---|---|
||||
Page 15
continued...
**Gainsborough Trinity Foundation**
## **Notes to the Financial Statements - continued for the Year Ended 31 August 2021**
## **15. MOVEMENT IN FUNDS - continued**
Net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**Restricted funds**
Roses Sports Ground- 3G Pitches
Apprentice
Gainsborough Spoke Project
Furlough
Riverside Access and Training Centre
Lincoln Sports Partnership
Roses Sports Ground- Grass
Roses Sports Ground- General
Roses Sports Ground- Tractor
National League Project Funding
**TOTAL FUNDS**|Incoming
resources
£
400,744
-
13,200
57,018
52,062
15,100
12,535
-
5,949
-
6,011
161,875
562,619|Resources
Movement
expended
in funds
£
£
(443,399)
(42,655)
(71,581)
(71,581)
-
13,200
(29,372)
27,646
(52,062)
-
(15,100)
-
(12,535)
-
(4,755)
(4,755)
-
5,949
(14,625)
(14,625)
(30)
5,981
(200,060)
(38,185)
(643,459)
(80,840)|Resources
Movement
expended
in funds
£
£
(443,399)
(42,655)
(71,581)
(71,581)
-
13,200
(29,372)
27,646
(52,062)
-
(15,100)
-
(12,535)
-
(4,755)
(4,755)
-
5,949
(14,625)
(14,625)
(30)
5,981
(200,060)
(38,185)
(643,459)
(80,840)|
|---|---|---|---|
||||(38,185)|
||||(80,840)|
## **Comparatives for movement in funds**
|**Unrestricted funds**
General fund
**Restricted funds**
Roses Sports Ground- 3G Pitches
Kitchen
Gainsborough Spoke Project
Riverside Access and Training Centre
Roses Sports Ground- Grass
Roses Sports Ground- Tractor
**TOTAL FUNDS**|At 1.9.19
£
21,027
-
-
-
-
-
-
-
21,027|Net
movement
in funds
£
17,475
788,683
3,240
20,554
14,464
4,755
51,453
883,149
900,624|Transfers
between
funds
£
17,704
-
(3,240)
-
(14,464)
-
-
(17,704)
-|At
31.8.20
£
56,206
788,683
-
20,554
-
4,755
51,453|
|---|---|---|---|---|
|||||865,445|
|||||921,651|
Page 16
continued...
**Gainsborough Trinity Foundation**
## **Notes to the Financial Statements - continued for the Year Ended 31 August 2021**
## **15. MOVEMENT IN FUNDS - continued**
Comparative net movement in funds, included in the above are as follows:
||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|102,935|(85,460)|17,475|
|**Restricted funds**||||
|Roses Sports Ground- 3G Pitches|834,754|(46,071)|788,683|
|Kitchen|3,240|-|3,240|
|Gainsborough Spoke Project|25,001|(4,447)|20,554|
|Furlough|6,280|(6,280)|-|
|Riverside Access and Training Centre|14,464|-|14,464|
|Lincoln Sports Partnership|8,750|(8,750)|-|
|Roses Sports Ground- Grass|10,337|(5,582)|4,755|
|Roses Sports Ground- Tractor|54,903|(3,450)|51,453|
|National League Project Funding|34,000|(34,000)|-|
||991,729|(108,580)|883,149|
|**TOTAL FUNDS**|1,094,664|(194,040)|900,624|
## Roses Sports Ground- 3G Pitches
This is funding received for the 3G pitches project at Roses Sports Ground received from the Football Foundation (£669,754) and West Lindsey District Council (£150,000).
The Football Foundation funding has a 21 year claw back and a requirement for two cycles of carpet costs to be provided into a sinking fund. Due to the potential claw back, the asset is restricted until this period elapses.
## Kitchen
The charity received funding towards a new kitchen at the Roses Sports Ground from the Rotary Club and Lincolnshire County Council.
## Gainsborough Spoke Project
This is funding received for facilitating and delivering the Gainsborough Spoke mental health and wellbeing programme.
## Furlough
This fund relates to amounts received from the Government as part of its response to the COVID-19 pandemic. This is restricted to cover the employment costs of the individuals placed on furlough.
## Riverside Access and Training Centre
This is specific funding from the Riverside Access and Training Centre towards the Winter Pressures and Gainsborough Spoke programmes which is hosted at the Roses Sports Ground.
## Lincoln Sports Partnership
This related to monies from the Lincoln Sports Partnership restricted for use on sporting activities.
## Roses Sports Ground- Grass
This funding was received from the Football Foundation for the development of grass pitches.
## Roses Sports Ground- Tractor
This funding was received from the Football Foundation for the purchase of a tractor for maintenance. The funding is subject to a 5 year claw-back and so the asset is to be carried forward as a restricted fund until this time elapses.
## National League Project Funding
This relates to funds received from the National League for specific sporting projects.
## Apprentice
This relates to funds received from Shine Lincolnshire for allocating towards the cost of wages.
Page 17
continued...
**Gainsborough Trinity Foundation**
## **Notes to the Financial Statements - continued for the Year Ended 31 August 2021**
## **15. MOVEMENT IN FUNDS - continued**
## **Transfers between funds**
During the period a transfer of £5,949 was made from the Roses Sports Ground-General to General Funds to reallocate expenditure which had gone through the General Fund in the prior year.
During the period a transfer of £33,489 was made from the Roses Sports Ground-3G Pitches to General Funds to reallocate expenditure which had gone through the General Fund in the prior year.
## **16. RELATED PARTY DISCLOSURES**
During the period the charity made sales of £1,125 (2020: £400) and had purchases of £nil (2020: £4,792) with Gainsborough Trinity Football Club, a company in which trustees R E Stallard-Kane and D Ashley are directors. The net balance due to the company at the year end was £nil (2020: £4,392).
The charity also had sales of £1,464 (2020: £nil) and purchases of £5,250 (2020: £42,191) with Stallard Kane Associates Limited, a company in which trustees R E Stallard-Kane and I D Stallard-Kane are directors. The balance due to company at the year end was £44,443 (2020: £42,191).
Page 18
## **Gainsborough Trinity Foundation**
## **Detailed Statement of Financial Activities**
## **for the Year Ended 31 August 2021**
|**INCOME AND ENDOWMENTS**
**Donations and legacies**
Donations
Grants
**Other trading activities**
Shop income
Sponsorships
**Investment income**
Deposit account interest
**Charitable activities**
Open sessions
Facilities hire
Grants
**Other income**
Other income
**Total incoming resources**
**EXPENDITURE**
**Raising donations and legacies**
Wages
Social security
Plant and machinery
**Other trading activities**
Purchases
Wages
Bad debts
**Investment management costs**
Kitchen and bar equipment
**Charitable activities**
Wages
Social security
Pensions
Facility hire
Kit and equipment
Travel
Training
Team fees
Carried forward|2021
£
8,769
150,853
159,622
150,844
5,859
156,703
6
52,510
27,431
164,436
244,377
1,911
562,619
-
-
4,873
4,873
80,069
68,701
1,393
150,163
9,376
183,946
11,355
2,514
12,323
16,433
10,014
2,748
4,087
243,420|2020
£
3,691
924,602|
|---|---|---|
|||928,293
44,147
3,053|
|||47,200
-
15,924
2,560
100,514|
|||118,998
173|
|||1,094,664
10,315
407
740|
|||11,462
20,320
-
-|
|||20,320
1,755
46,910
3,016
551
2,944
5,860
584
-
2,092
61,957|
This page does not form part of the statutory financial statements
Page 19
## **Gainsborough Trinity Foundation**
|**Detailed Statement of Financial Activities**|||
|---|---|---|
|**for the Year Ended 31 August 2021**|||
||2021|2020|
||£|£|
|**Charitable activities**|||
|Brought forward|243,420|61,957|
|Coaches|30|1,585|
|Clothing costs|1,373|903|
|Mental health support|2,470|-|
||247,293|64,445|
|**Support costs**|||
|**Management**|||
|Rates and water|1,171|149|
|Insurance|11,927|871|
|Light and heat|17,027|1,929|
|Telephone|709|74|
|Postage and stationery|3,991|681|
|Advertising|1,879|2,135|
|Sundries|693|845|
|Computer costs|8,467|437|
|Cleaning|646|304|
|Sports facilities|71,581|37,891|
|Plant and machinery|17,183|4,328|
|Fixtures and fittings|14,053|3,124|
|Computer equipment|2,726|363|
||152,053|53,131|
|**Finance**|||
|Bank charges|45|125|
|**Information technology**|||
|Repairs and renewals|35,496|22,815|
|**Human resources**|||
|Training|892|350|
|**Governance costs**|||
|Auditors' remuneration|-|3,800|
|Auditors' remuneration for non audit work|-|1,950|
|Independent exam|3,500|-|
|Legal and professional|39,768|13,887|
||43,268|19,637|
|Total resources expended|643,459|194,040|
|**Net (expenditure)/income**|(80,840)|900,624|
This page does not form part of the statutory financial statements
Page 20