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2022-08-31-accounts

REGISTERED CHARITY NUMBER: 1168775

Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 August 2022

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 2022

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 19
Detailed Statement of Financial Activities 20 to 21

Gainsborough Trinity Foundation

Report of the Trustees for the Year Ended 31 August 2022

The trustees present their report with the financial statements of the charity for the year ended 31 August 2022. 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:

Page 1

Gainsborough Trinity Foundation

Report of the Trustees for the Year Ended 31 August 2022

OBJECTIVES AND ACTIVITIES Significant activities

National League Project Funding - This relates to funds received from the National League for specific sporting projects.

Active health shine wave 11 - The funding aims to support people to live well and independently in their own homes and communities with access to a range of activities and services that promote outcomes including reducing social isolation, contributing to positive mental health, signposting to other relevant services.

Big Lottery Youth Worker Project - The Youth Futures project has been designed to encourage and empower young people to embark on a journey of personal development which will be delivered through three main elements; Stage One; Engagement; Stage Two; Personal Support, Stage Three; Progression;

Community connector - Support people with enduring mental health issues, connect to the community network in Gainsborough and to continue to build, develop and support the existing Gainsborough Community Mental Health Network.

Football Foundation - Pitch improvement funds

Gainsborough Reaches Out - To provide a range of new opportunities to support more isolated communities, such as sports activities, arts & crafts, Coffee clubs, Mental Health support etc

HAF Summer 22 - Provides activities and hot food in the school holidays for children of families that receive income benefits

Happier Healthier Better Connected - To develop and help deliver a range of health-related educational programmes, including healthy lifestyles, exercise & mental health, helping participants to make informed choices regarding positive health and wellbeing ensuring an inclusive offer for adults and families.

Nightlight - This project exists to provide a listening ear and evening company for people who are struggling with anxiety, depression and/or suicidal thoughts.

No Work Network - To provide a traditional business network event but with a key difference of no work chat allowed, this is aimed at supporting those who support others, in the form of breakfast events and activity sessions.

Rural Connector - Working in connection with the Community Connector to support people with enduring mental health issues in the wider Trent PCN area and to offer focused support to individuals and groups with the aim of building knowledge, skills, confidence, as well as encouraging people to access local activities and services.

Winter Pressure (LCC NHS) - This project provided assistance to people in the community who are in need of help with either food, a place to have a hot drink and company, advice regarding health & wellbeing, emergency top-ups for fuel.

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 6 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.

Page 2

Gainsborough Trinity Foundation

Report of the Trustees for the Year Ended 31 August 2022

ACHIEVEMENT AND PERFORMANCE Charitable activities

We deliver PE sessions in schools and ensure children are active and are provided with best practice in PE sessions.

We have trained play leaders in a school where those children now set up games themselves and get other children to become more active and engaged during playtimes.

We delivered walking football sessions which led to the creation of a walking football club.

We have delivered activity and health sessions in care homes as well which have provided great health benefits to the elderly in those centres.

Our after-school clubs were completely free for children and offered to schools for a very low price in comparison to other competitors thanks to the funding provided by the National League Trust. We had an extremely high intake for these and were able to engage new children into getting active and leading a healthier lifestyle.

Many children were encouraged to play football and joined local grassroots teams or our player development academy.

We currently run a player development academy for boys which is very successful and there are more and more boys joining every week. This provides children the opportunity to experience an elite academy environment and play against professional clubs.

We run very successful Wildcats sessions in partnership with the FA which provide the opportunity for girls from 5-11 years of age to participate in girls only sessions. Most of these girls have never played football before so we ensure it is a wonderful experience for them.

We have run soccer schools through the holidays but again the focus has been on football. We managed to engage more than double our target of children for these, but the participants were predominantly boys. Only a handful of girls attended these and this is something we are now addressing by having a variety of activities available.

The Active Health Funding from the NHS (shine) helped us support people keep the independence at home and in the community. This also had a direct impact on reducing social isolation and improved mental health.

The funded post of community connector helped compliment the Active Health funding providing a link from GP surgeries to organised community support groups and the existing Mental Health Network.

The Gainsborough Reaches Out project helped support the other projects and supplied opportunities for the hard to reach and isolated communities giving them the opportunity to participate in sporting activities, arts and craft groups.

The No Work Network enabled us to supply an opportunity for employed individuals to network with the specific agenda of not discussing work. This enabled different demographics to meet and spend time away from the workplace which helped improve mental health.

Fundraising activities

We have exceeded our initial target of sustaining our current provision by adding funding from the National League Trust and Coaching connexions which has enabled us to add new members of staff and new activities.

FINANCIAL REVIEW

Financial position

At the year end the charity had overall funds of £904,301 of which £754,885 were restricted and £149,416 were unrestricted funds.

There was no single funding or activity in the year which had a dominant impact on the charity's finances but instead the charity was successful in receiving funding from a number of different sources to provide a range of programmes, as detailed above, predominately in the areas of mental health and healthy lifestyles both through engaging in activities and healthy eating.

The majority of the restricted funds remains the 3G pitches constructed in 2020, the capital cost of which was £753,704 and the carried forward value is £579,808. The restricted funds also include part of a tractor purchased in 2020 with a carried forward value of £27,621. The remaining is mostly unexpended cash on restricted projects of £132,036.

Unrestricted reserves were made up of fixed assets of £65,447 with net current assets of £99,778, which is mostly due to a cash balance held at the year end.

Page 3

Gainsborough Trinity Foundation

Report of the Trustees for the Year Ended 31 August 2022

FINANCIAL REVIEW

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 £149,416. £65,447 of this is functional assets therefore free reserves are £83,969 which is slightly lower than target. 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. The trustees will also review the liquidity of funds in order to ensure that the charity has sufficient free reserves.

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.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Charity number

1168775

Page 4

Gainsborough Trinity Foundation

Report of the Trustees for the Year Ended 31 August 2022

Principal address

Northolme Gainsborough Lincolnshire DN21 2QW

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 2023 and signed on its behalf by:

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 2022.

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 member of the Association of Chartered Certified Accountants, 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

  2. 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 FCCA

Wright Vigar Limited Chartered Accountants & Business Advisers 15 Newland Lincoln Lincolnshire LN1 1XG

30 June 2023

Page 6

Gainsborough Trinity Foundation

Statement of Financial Activities for the Year Ended 31 August 2022

Unrestricted
fund
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
60,578
Charitable activities
5
Sports activities
128,456
Education
5,588
Health and wellbeing
2,418
Other trading activities
3
226,351
Investment income
4
26
Other income
15,969
Total
439,386
EXPENDITURE ON
Raising funds
6
201,060
Charitable activities
7
Sports activities
36,956
Education
36,133
Health and wellbeing
68,755
Total
342,904
NET INCOME/(EXPENDITURE)
96,482
Transfers between funds
15
(55)
Net movement in funds
96,427
RECONCILIATION OF FUNDS
Total funds brought forward
52,989
TOTAL FUNDS CARRIED FORWARD
149,416		 Restricted
funds
£
-
35,512
118,469
174,887
-
-
-
328,868
18,067
114,304
88,429
141,060
361,860
(32,992)
55
(32,937)
787,822
754,885		 2022
Total
funds
£
60,578
163,968
124,057
177,305
226,351
26
15,969
768,254
219,127
151,260
124,562
209,815
704,764
63,490
-
63,490
840,811
904,301		 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

The notes form part of these financial statements

Page 7

Gainsborough Trinity Foundation

Balance Sheet

31 August 2022

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
£
65,447
33,664
80,158
113,822
(29,853)
83,969
149,416
149,416		 Restricted
funds
£
607,429
20,445
147,844
168,289
(20,833)
147,456
754,885
754,885		 2022
Total
funds
£
672,876
54,109
228,002
282,111
(50,686)
231,425
904,301
904,301
149,416
754,885
904,301		 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

The financial statements were approved by the Board of Trustees and authorised for issue on 30 June 2023 and were signed on its behalf by:

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 2022
2022
Notes
£
Cash flows from operating activities
Cash generated from operations
1
133,016
Net cash provided by operating activities
133,016
Cash flows from investing activities
Purchase of tangible fixed assets
(2,133)
Interest received
26
Net cash used in investing activities
(2,107)
Change in cash and cash equivalents in
the reporting period
130,909
Cash and cash equivalents at the
beginning of the reporting period
2
94,471
Cash and cash equivalents at the end of
the reporting period
2
225,380		 2021
£
17,928
17,928
(38,350)
6
(38,344)
(20,416)
114,887
94,471

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 2022

1. RECONCILIATION OF NET INCOME/(EXPENDITURE) TO NET CASH FLOW FROM OPERATING ACTIVITIES

Net income/(expenditure) for the reporting period (as per the
Statement of Financial Activities)
Adjustments for:
Depreciation charges
Interest received
Decrease in debtors
Decrease 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		 2022
£
63,490
97,462
(26)
229
(28,139)
133,016
2022
£
471
227,531
(2,622)
225,380		 2021
£
(80,840)
110,416
(6)
21,932
(33,574)
17,928
2021
£
368
106,782
(12,679)
94,471

3. ANALYSIS OF CHANGES IN NET FUNDS

At 1.9.21 Cash flow At 31.8.22
£ £ £
Net cash
Cash at bank and in hand 107,150 120,852 228,002
Bank overdraft (12,679) 10,057 (2,622)
94,471 130,909 225,380
Total 94,471 130,909 225,380

The notes form part of these financial statements

Page 10

Gainsborough Trinity Foundation

Notes to the Financial Statements for the Year Ended 31 August 2022

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.

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		 2022
£
4,620
55,958
60,578		 2021
£
8,769
150,853
159,622

Page 11

continued...

Gainsborough Trinity Foundation

Notes to the Financial Statements - continued

for the Year Ended 31 August 2022

2. DONATIONS AND LEGACIES - continued

Grants received, included in the above, are as follows:

West Lindsey District Council
Football Foundation
Lincolnshire County Council
College
Covid funding
NHS South West Lincolnshire
Lincolnshire FA
Active Nation
Big Lottery
Lincolnshire Community Foundation
3.
OTHER TRADING ACTIVITIES
Bar income
Sponsorships
4.
INVESTMENT INCOME
Deposit account interest
5.
INCOME FROM CHARITABLE ACTIVITIES
Activity
Open sessions
Sports activities
Facilities hire
Sports activities
Programme delivery
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
NHS South West Lincolnshire
Lincolnshire FA
Bishop Grosseteste University
Shine Lincolnshire
Active Lincolnshire		 2022
£
2,667
10,337
-
-
-
-
-
-
42,954
-
55,958
2022
£
224,859
1,492
226,351
2022
£
26
2022
£
63,924
64,870
20,107
15,067
124,057
177,305
465,330
2022
£
-
-
35,127
146,717
-
88,088
-
16,767
25,000
4,730
316,429		 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

Page 12

continued...

Gainsborough Trinity Foundation

Notes to the Financial Statements - continued for the Year Ended 31 August 2022

6. RAISING FUNDS

Raising donations and legacies

Raising donations and legacies
2022 2021
£ £
Depreciation 4,169 4,873
Other trading activities
2022 2021
£ £
Purchases 104,306 80,069
Staff costs 101,674 68,701
Bad debts 20 1,393
206,000 150,163
Investment management costs
2022 2021
£ £
Kitchen and bar equipment 8,958 9,376
Aggregate amounts 219,127 164,412
7. CHARITABLE ACTIVITIES COSTS
Support
Direct costs (see
Costs note 8) Totals
£ £ £
Sports activities 48,768 102,492 151,260
Education 99,626 24,936 124,562
Health and wellbeing 173,760 36,055 209,815
322,154 163,483 485,637
8. SUPPORT COSTS
Information
Management Finance technology
£ £ £
Sports activities 99,661 33 6,633
Education 21,785 36 7,081
Health and wellbeing 31,983 47 9,392
153,429 116 23,106
Human Governance
resources costs Totals
£ £ £
Sports activities 652 (4,487) 102,492
Education 695 (4,661) 24,936
Health and wellbeing 922 (6,289) 36,055
2,269 (15,437) 163,483

Page 13

continued...

Gainsborough Trinity Foundation

Notes to the Financial Statements - continued for the Year Ended 31 August 2022

9. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 August 2022 nor for the year ended 31 August 2021.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 August 2022 nor for the year ended 31 August 2021.

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		 2022
£
345,142
20,161
3,492
368,795
2022
30		 2021
£
252,647
11,355
2,514
266,516
2021
28

No employees received emoluments in excess of £60,000.

11. TANGIBLE FIXED ASSETS

COST
At 1 September 2021
Additions
At 31 August 2022
DEPRECIATION
At 1 September 2021
Charge for year
At 31 August 2022
NET BOOK VALUE
At 31 August 2022
At 31 August 2021
DEBTORS: AMOUNTS FALLING
Trade debtors
Other debtors		 Sports
Plant and
Facilities
machinery
£
£
753,704
103,131
-
-
753,704
103,131
109,472
27,125
64,424
19,001
173,896
46,126
579,808
57,005
644,232
76,006
DUE WITHIN ONE YEAR		 Fixtures
and
fittings
£
59,817
-
59,817
17,177
10,660
27,837
31,980
42,640		 Computer
equipment
£
8,417
2,133
10,550
3,089
3,378
6,467
4,083
5,328
2022
£
33,656
20,453
54,109		 Totals
£
925,069
2,133		 Totals
£
925,069
2,133
927,202
156,863
97,463
254,326
672,876
768,206
2021
£
37,538
16,800
54,338

12. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Page 14

continued...

Gainsborough Trinity Foundation

Notes to the Financial Statements - continued for the Year Ended 31 August 2022

13. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Bank loans and overdrafts (see note 14)
Trade creditors
Taxation and social security
Other creditors		 2022
£
2,622
22,428
1,273
24,363
50,686		 2021
£
12,679
56,479
5,081
14,644
88,883

14. LOANS

An analysis of the maturity of loans is given below:
2022 2021
£ £
Amounts falling due within one year on demand:
Bank overdrafts 2,622 12,679

15. MOVEMENT IN FUNDS

Unrestricted funds
General fund
Restricted funds
Roses Sports Ground- 3G Pitches
Apprentice
Gainsborough Spoke Project
Roses Sports Ground- Tractor
National League Project Funding
Active health shine wave 11
Big Lottery Youth Worker Project
Community connector
Football Foundation
Gainsborough Reaches Out
HAF Summer 22
Happier Healthier Better Connected
Nightlight
No Work Network
Rural Connector
Winter Pressure (LCC NHS)
TOTAL FUNDS		 At 1.9.21
£
52,989
683,613
13,200
48,200
36,828
5,981
-
-
-
-
-
-
-
-
-
-
-
787,822
840,811		 Net
movement
in funds
£
96,482
(64,423)
(13,200)
(48,200)
(9,207)
(5,981)
12,762
39,280
(2,622)
6,064
(55)
18,040
4,718
6,765
2,310
15,106
5,651
(32,992)
63,490		 Transfers
between
funds
£
(55)
-
-
-
-
-
-
-
-
-
55
-
-
-
-
-
-
55
-		 At
31.8.22
£
149,416
619,190
-
-
27,621
-
12,762
39,280
(2,622
6,064
-
18,040
4,718
6,765
2,310
15,106
5,651
754,885
904,301

Page 15

continued...

Gainsborough Trinity Foundation

Notes to the Financial Statements - continued for the Year Ended 31 August 2022

15. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 439,386 (342,904) 96,482
Restricted funds
Roses Sports Ground- 3G Pitches - (64,423) (64,423)
Apprentice 53,468 (66,668) (13,200)
Gainsborough Spoke Project - (48,200) (48,200)
Roses Sports Ground- Tractor - (9,207) (9,207)
National League Project Funding - (5,981) (5,981)
Active health shine wave 11 25,000 (12,238) 12,762
Big Lottery Youth Worker Project 42,954 (3,674) 39,280
Community connector 19,996 (22,618) (2,622)
Day in Life of 16,767 (16,767) -
Football Foundation 10,337 (4,273) 6,064
Gainsborough Reaches Out 1,955 (2,010) (55)
GCAT Shine Wave 11
6,830 (6,830) -
HAF Summer 22 51,203 (33,163) 18,040
Happier Healthier Better Connected 10,000 (5,282) 4,718
Mental Health Promotion Fund 10,292 (10,292) -
Nightlight 10,846 (4,081) 6,765
No Work Network 5,280 (2,970) 2,310
Rural Connector 25,000 (9,894) 15,106
Tackling Inequality 4,730 (4,730) -
Winter Pressure (LCC NHS) 24,600 (18,949) 5,651
Winter Relief Shine Wave11 9,610 (9,610) -
328,868 (361,860) (32,992)
TOTAL FUNDS 768,254 (704,764) 63,490
Comparatives for movement in funds
Net Transfers
movement between At
At 1.9.20 in funds funds 31.8.21
£ £ £ £
Unrestricted funds
General fund 56,206 (42,655) 39,438 52,989
Restricted funds
Roses Sports Ground- 3G Pitches 788,683 (71,581) (33,489) 683,613
Apprentice - 13,200 - 13,200
Gainsborough Spoke Project 20,554 27,646 - 48,200
Roses Sports Ground- Grass 4,755 (4,755) - -
Roses Sports Ground- General - 5,949 (5,949) -
Roses Sports Ground- Tractor 51,453 (14,625) - 36,828
National League Project Funding - 5,981 - 5,981
865,445 (38,185) (39,438) 787,822
TOTAL FUNDS 921,651 (80,840) - 840,811

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Gainsborough Trinity Foundation

Notes to the Financial Statements - continued for the Year Ended 31 August 2022

15. MOVEMENT IN FUNDS - continued

Comparative 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)

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.

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continued...

Gainsborough Trinity Foundation

Notes to the Financial Statements - continued for the Year Ended 31 August 2022

15. MOVEMENT IN FUNDS - continued

Active Health Shine Wave 11

The funding aims to support people to live well and independently in their own homes and communities with access to a range of activities and services that promote outcomes including reducing social isolation, contributing to positive mental health, signposting to other relevant services.

Big Lottery Youth Worker Project

The Youth Futures project has been designed to encourage and empower young people to embark on a journey of personal development which will be delivered through three main elements: Stage One - Engagement; Stage Two - Personal Support; Stage Three - Progression.

Community Connector

Support people with enduring mental health issues, connect to the community network in Gainsborough and to continue to build, develop and support the existing Gainsborough Community Mental Health Network.

Football Foundation

This relates to pitch improvement funds.

Gainsborough Reaches Out

To provide a range of new opportunities to support more isolated communities, such as sports activities, arts & crafts, Coffee clubs, Mental Health support etc

HAF Summer 22

Provides activities and hot food in the school holidays for children of families that receive income benefits.

Happier Healthier Better Connected

To develop and help deliver a range of health-related educational programmes, including healthy lifestyles, exercise & mental health, helping participants to make informed choices regarding positive health and wellbeing ensuring an inclusive offer for adults and families.

Nightlight

This project exists to provide a listening ear and evening company for people who are struggling with anxiety, depression and/or suicidal thoughts.

No Work Network

To provide a traditional business network event but with a key difference of no work chat allowed, this is aimed at supporting those who support others, in the form of breakfast events and activity sessions.

Rural Connector

Working in connection with the Community Connector to support people with enduring mental health issues in the wider Trent PCN area and to offer focused support to individuals and groups with the aim of building knowledge, skills, confidence, as well as encouraging people to access local activities and services.

Winter Pressure (LCC NHS)

This project provided assistance to people in the community who are in need of help with either food, a place to have a hot drink and company, advice regarding health & wellbeing, emergency top-ups for fuel.

Transfers between funds

During the period a transfer of £55 was made from the General fund to the Gainsborough Reaches Out fund due to an overspend on the project.

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Gainsborough Trinity Foundation

Notes to the Financial Statements - continued for the Year Ended 31 August 2022

16. RELATED PARTY DISCLOSURES

During the period the charity made sales of £5,237 (2021: £1,125) and had purchases of £nil (2021: £nil) with Gainsborough Trinity Football Club, a company in which trustees R E Stallard-Kane is director. The net balance due to the company at the year end was £7,773 (2021: £nil).

The charity also had sales of £920 (2021: £1,464) and purchases of £nil (2021: £5,250) 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 £nil (2021: £44,443).

Page 19

Gainsborough Trinity Foundation

Detailed Statement of Financial Activities for the Year Ended 31 August 2022

INCOME AND ENDOWMENTS
Donations and legacies
Donations
Grants
Other trading activities
Bar income
Sponsorships
Investment income
Deposit account interest
Charitable activities
Open sessions
Facilities hire
Programme delivery
Grants
Other income
Other income
Venue hire
Insurance claims
Total incoming resources
EXPENDITURE
Raising donations and legacies
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
Carried forward		 2022
£
4,620
55,958
60,578
224,859
1,492
226,351
26
63,924
64,870
20,107
316,429
465,330
6,938
1,516
7,515
15,969
768,254
4,169
104,306
101,674
20
206,000
8,958
243,468
20,161
3,492
20,899
20,726
3,339
540
312,625		 2021
£
8,769
150,853
159,622
150,844
5,859
156,703
6
52,510
27,431
-
164,436
244,377
1,911
-
-
1,911
562,619
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
239,333

This page does not form part of the statutory financial statements

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Gainsborough Trinity Foundation

Detailed Statement of Financial Activities
for the Year Ended 31 August 2022
2022 2021
£ £
Charitable activities
Brought forward 312,625 239,333
Team fees 2,733 4,087
Coaches 6,083 30
Clothing costs 713 1,373
Mental health support - 2,470
322,154 247,293
Support costs
Management
Rates and water 952 1,171
Insurance 6,060 11,927
Light and heat 23,021 17,027
Telephone 8,152 709
Postage and stationery 4,258 3,991
Advertising 1,481 1,879
Sundries 3,527 693
Computer costs 8,728 8,467
Cleaning 3,957 646
Sports facilities 64,423 71,581
Plant and machinery 14,833 17,183
Fixtures and fittings 10,660 14,053
Computer equipment 3,377 2,726
153,429 152,053
Finance
Subscriptions 18 -
Bank charges 98 45
116 45
Information technology
Repairs and renewals 23,106 35,496
Human resources
Training 2,269 892
Governance costs
Independent exam 4,500 3,500
Accountancy 750 -
Legal and professional (20,687) 39,768
(15,437) 43,268
Total resources expended 704,764 643,459
Net income/(expenditure) 63,490 (80,840)

This page does not form part of the statutory financial statements

Page 21