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2023-08-31-accounts

REGISTERED CHARITY NUMBER: 1168775

Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 August 2023

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 2023

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 2023

The trustees present their report with the financial statements of the charity for the year ended 31 August 2023. 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 2023

OBJECTIVES AND ACTIVITIES Significant activities

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

HAF Summer 23 - 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.

Tackling Inequality - Active Lincolnshire funding to provide sessions that are aimed at older people, people with disabilities or those with long-term health issues, to encourage movement, walking and gentle exercise.

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.

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

Warm Space Project - NHS Lincolnshire funded to provide a regular warm space where people can meet, chat, get a snack and hot drink, access advice & assistance during the cold winter months.

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 2023

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 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

In the previous years we have received funding from the National League Trust and Coaching connexions which enabled to us add new staff members and activities, this funding ceased in the prior year and nothing was received in the current year.

FINANCIAL REVIEW

Financial position

At the year end the charity had overall funds of £734,002 (2022: £904,301) of which £682,636 (2022: £754,885) were restricted and £51,366 (2022: £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 £561,209 (2022: £619,190). The restricted funds also include part of a tractor purchased in 2020 with a carried forward value of £20,715 (2022: £27,621). The remaining is mostly unexpended cash on restricted projects of £100,712 (2022: £132,036).

Page 3

Gainsborough Trinity Foundation

Report of the Trustees for the Year Ended 31 August 2023

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 £106,000 based on the current year. At the year end the charity had unrestricted reserves of £51,366. £46,924 of this is functional assets therefore free reserves are £4,442 which is lower than target however the trustees are hoping to raise these going forward. 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 3 times a year to review matters facing the charity with decisions being taken based on an overall majority.

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

Principal address

Northolme Gainsborough Lincolnshire DN21 2QW

Page 4

Gainsborough Trinity Foundation

Report of the Trustees for the Year Ended 31 August 2023

Trustees

G H Lynner (resigned 10.4.24) R Stallard-Kane (resigned 7.9.23) M Boles Mrs I D Stallard-Kane (resigned 7.9.23) J Anderson (appointed 1.9.23) R Allison (appointed 1.9.23) B Crawford (appointed 1.9.23)

Independent Examiner

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

Approved by order of the board of trustees on 4 September 2024 and signed on its behalf by:

J Anderson - 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 2023.

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

4 September 2024

Page 6

Gainsborough Trinity Foundation

Statement of Financial Activities for the Year Ended 31 August 2023

Unrestricted
fund
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
3,682
Charitable activities
5
Sports activities
68,858
Education
16,559
Health and wellbeing
-
Other trading activities
3
230,534
Investment income
4
-
Other income
13,994
Total
333,627
EXPENDITURE ON
Raising funds
6
232,709
Charitable activities
7
Sports activities
68,391
Education
101,854
Health and wellbeing
51,856
Total
454,810
NET INCOME/(EXPENDITURE)
(121,183)
Transfers between funds
15
23,133
Net movement in funds
(98,050)
RECONCILIATION OF FUNDS
Total funds brought forward
149,416
TOTAL FUNDS CARRIED FORWARD
51,366		 Restricted
funds
£
2,140
-
42,954
134,996
-
-
-
180,090
35,319
64,486
35,619
93,782
229,206
(49,116)
(23,133)
(72,249)
754,885
682,636		 2023
Total
funds
£
5,822
68,858
59,513
134,996
230,534
-
13,994
513,717
268,028
132,877
137,473
145,638
684,016
(170,299)
-
(170,299)
904,301
734,002		 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

The notes form part of these financial statements

Page 7

Gainsborough Trinity Foundation

Balance Sheet

31 August 2023

2023 2022
Unrestricted Restricted Total Total
fund funds funds funds
Notes £ £ £ £
FIXED ASSETS
Tangible assets 11 46,924 542,543 589,467 672,876
CURRENT ASSETS
Debtors 12 24,503 - 24,503 54,109
Cash at bank and in hand 497 140,093 140,590 228,002
25,000 140,093 165,093 282,111
CREDITORS
Amounts falling due within one year Amounts falling due within one year
13		 (20,558) - (20,558) (50,686)
NET CURRENT ASSETS 4,442 140,093 144,535 231,425
TOTAL ASSETS LESS CURRENT LIABILITIES TOTAL ASSETS LESS CURRENT LIABILITIES 51,366 682,636 734,002 904,301
NET ASSETS 51,366 682,636 734,002 904,301
FUNDS 15
Unrestricted funds 51,366 149,416
Restricted funds 682,636 754,885
TOTAL FUNDS 734,002 904,301

The financial statements were approved by the Board of Trustees and authorised for issue on 4 September 2024 and were signed on its behalf by:

J Anderson - Trustee

The notes form part of these financial statements

Page 8

Gainsborough Trinity Foundation

Cash Flow Statement

for the Year Ended 31 August 2023
2023
Notes
£
Cash flows from operating activities
Cash generated from operations
1
(87,688)
Net cash (used in)/provided by operating activities
(87,688)
Cash flows from investing activities
Purchase of tangible fixed assets
-
Interest received
-
Net cash provided by/(used in) investing activities
-
Change in cash and cash equivalents in
the reporting period
(87,688)
Cash and cash equivalents at the
beginning of the reporting period
2
225,380
Cash and cash equivalents at the end of
the reporting period
2
137,692		 2022
£
133,016
133,016
(2,133)
26
(2,107)
130,909
94,471
225,380

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 2023

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

ACTIVITIES
2023 2022
£ £
Net (expenditure)/income for the reporting period (as per the
Statement of Financial Activities) (170,299) 63,490
Adjustments for:
Depreciation charges 83,408 97,462
Interest received - (26)
Decrease in debtors 29,606 229
Decrease in creditors (30,403) (28,139)
Net cash (used in)/provided by operations (87,688) 133,016
2. ANALYSIS OF CASH AND CASH EQUIVALENTS
2023 2022
£ £
Cash in hand 471 471
Notice deposits (less than 3 months) 140,119 227,531
Overdrafts included in bank loans and overdrafts falling due within one year (2,898) (2,622)
Total cash and cash equivalents 137,692 225,380

3. ANALYSIS OF CHANGES IN NET FUNDS

At 1.9.22 Cash flow At 31.8.23
£ £ £
Net cash
Cash at bank and in hand 228,002 (87,412) 140,590
Bank overdraft (2,622) (276) (2,898)
225,380 (87,688) 137,692
Total 225,380 (87,688) 137,692

The notes form part of these financial statements

Page 10

Gainsborough Trinity Foundation

Notes to the Financial Statements for the Year Ended 31 August 2023

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

2023 2022
£ £
Donations 5,822 4,620
Grants - 55,958
5,822 60,578

Page 11

continued...

Gainsborough Trinity Foundation

Notes to the Financial Statements - continued for the Year Ended 31 August 2023

2. DONATIONS AND LEGACIES - continued

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

West Lindsey District Council
Football Foundation
Big Lottery
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
Open sessions
Education
Grants
Education
Grants
Health and wellbeing
Grants received, included in the above, are as follows:
Education funding
Lincolnshire County Council
NHS South West Lincolnshire
Bishop Grosseteste University
Shine Lincolnshire
Big Lottery
Community connector
Health Activities Fund
Miscellaneous small grants
Nightlight
Active Lincolnshire		 2023
£
-
-
-
-
2023
£
230,334
200
230,534
2023
£
-
2023
£
-
68,858
-
-
330
59,183
134,996
263,367
2023
£
-
15,979
11,000
-
-
42,954
39,962
42,921
3,148
38,215
-
194,179		 2022
£
2,667
10,337
42,954
55,958
2022
£
224,859
1,492		 2022
£
2,667
10,337
42,954
55,958
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

Page 12

continued...

Gainsborough Trinity Foundation

Notes to the Financial Statements - continued for the Year Ended 31 August 2023

6. RAISING FUNDS

Raising donations and legacies

Depreciation
Other trading activities
Purchases
Staff costs
Bad debts
Investment management costs
Kitchen and bar equipment
Aggregate amounts
CHARITABLE ACTIVITIES COSTS
Sports activities
Education
Health and wellbeing
SUPPORT COSTS
Sports activities
Education
Health and wellbeing
Sports activities
Education
Health and wellbeing		 2023
2022
£
£
-
4,169
2023
2022
£
£
125,664
104,306
130,113
101,674
11,635
20
267,412
206,000
2023
2022
£
£
616
8,958
268,028
219,127
Support
Direct
costs (see
Costs
note 8)
Totals
£
£
£
25,290
107,587
132,877
91,880
45,593
137,473
85,170
60,468
145,638
202,340
213,648
415,988
Information
Management
Finance
technology
£
£
£
86,296
496
7,006
22,860
529
7,480
30,318
701
9,921
139,474
1,726
24,407
Human
Governance
resources
Other
costs
Totals
£
£
£
£
375
88
13,326
107,587
401
93
14,230
45,593
531
124
18,873
60,468
1,307
305
46,429
213,648

7. CHARITABLE ACTIVITIES COSTS

8. SUPPORT COSTS

Page 13

continued...

Gainsborough Trinity Foundation

Notes to the Financial Statements - continued for the Year Ended 31 August 2023

9. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 August 2023 nor for the year ended 31 August 2022.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 August 2023 nor for the year ended 31 August 2022.

10. STAFF COSTS

Wages and salaries
Social security costs
Other pension costs		 2023
£
301,367
5,744
3,423
310,534		 2022
£
345,142
20,161
3,492
368,795

The average monthly number of employees during the year was as follows:

2023 2022
Charity staff 26 30

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

11. TANGIBLE FIXED ASSETS

TANGIBLE FIXED ASSETS
Fixtures
Sports Plant and and Computer
Facilities machinery fittings equipment Totals
£ £ £ £ £
COST
At 1 September 2022 and
31 August 2023 753,704 103,131 59,817 10,550 927,202
DEPRECIATION
At 1 September 2022 173,896 46,126 27,837 6,467 254,326
Charge for year 57,981 14,252 7,995 3,181 83,409
At 31 August 2023 231,877 60,378 35,832 9,648 337,735
NET BOOK VALUE
At 31 August 2023 521,827 42,753 23,985 902 589,467
At 31 August 2022 579,808 57,005 31,980 4,083 672,876

12. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Trade debtors
Other debtors
Prepayments and accrued income		 2023
£
21,605
-
2,898
24,503		 2022
£
33,656
20,453
-
54,109

Page 14

continued...

Gainsborough Trinity Foundation

Notes to the Financial Statements - continued for the Year Ended 31 August 2023

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		 2023
£
2,898
8,526
1,135
7,999
20,558		 2022
£
2,622
22,428
1,273
24,363
50,686

14. LOANS

An analysis of the maturity of loans is given below:
2023 2022
£ £
Amounts falling due within one year on demand:
Bank overdrafts 2,898 2,622

15. MOVEMENT IN FUNDS

Unrestricted funds
General fund
Restricted funds
Roses Sports Ground- 3G Pitches
Roses Sports Ground- Tractor
Active health shine wave 11
Big Lottery Youth Worker Project
Community connector
Football Foundation
HAF Summer 22
Happier Healthier Better Connected
Nightlight
No Work Network
Rural Connector
Tackling Inequality
Winter Pressure (LCC NHS)
Warm Space Project
HAF Club
TOTAL FUNDS		 Net
movement
At 1.9.22
in funds
£
£
149,416
(121,183)
619,190
(57,981)
27,621
(6,906)
12,762
(10,546)
39,280
1,873
(2,622)
8,580
6,064
-
18,040
-
4,718
(4,246)
6,765
32,046
2,310
(1,782)
15,106
(12,606)
-
600
5,651
(4,200)
-
959
-
5,093
754,885
(49,116)
904,301
(170,299)		 Transfers
between
funds
£
23,133
-
-
-
-
-
-
(18,040)
-
-
-
-
-
-
-
(5,093)
(23,133)
-		 At
31.8.23
£
51,366
561,209
20,715
2,216
41,153
5,958
6,064
-
472
38,811
528
2,500
600
1,451
959
-
682,636
734,002

Page 15

continued...

Gainsborough Trinity Foundation

Notes to the Financial Statements - continued for the Year Ended 31 August 2023

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 333,626 (454,809) (121,183)
Restricted funds
Roses Sports Ground- 3G Pitches - (57,981) (57,981)
Roses Sports Ground- Tractor (1) (6,905) (6,906)
Active health shine wave 11 1 (10,547) (10,546)
Big Lottery Youth Worker Project 42,953 (41,080) 1,873
Community connector 39,962 (31,382) 8,580
HAF Summer 22 20,445 (20,445) -
Happier Healthier Better Connected - (4,246) (4,246)
Nightlight 40,355 (8,309) 32,046
No Work Network - (1,782) (1,782)
Rural Connector - (12,606) (12,606)
Tackling Inequality - 600 600
Winter Pressure (LCC NHS) - (4,200) (4,200)
Warm Space Project 11,000 (10,041) 959
HAF Club 25,376 (20,283) 5,093
180,091 (229,207) (49,116)
TOTAL FUNDS 513,717 (684,016) (170,299)

Comparatives for 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		 Net
movement
At 1.9.21
in funds
£
£
52,989
96,482
683,613
(64,423)
13,200
(13,200)
48,200
(48,200)
36,828
(9,207)
5,981
(5,981)
-
12,762
-
39,280
-
(2,622)
-
6,064
-
(55)
-
18,040
-
4,718
-
6,765
-
2,310
-
15,106
-
5,651
787,822
(32,992)
840,811
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 16

continued...

Gainsborough Trinity Foundation

Notes to the Financial Statements - continued for the Year Ended 31 August 2023

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
Roses Sports Ground- Tractor
National League Project Funding
Active health shine wave 11
Big Lottery Youth Worker Project
Community connector
Day in Life of
Football Foundation
Gainsborough Reaches Out
GCAT Shine Wave 11
HAF Summer 22
Happier Healthier Better Connected
Mental Health Promotion Fund
Nightlight
No Work Network
Rural Connector
Tackling Inequality
Winter Pressure (LCC NHS)
Winter Relief Shine Wave11
TOTAL FUNDS
Roses Sports Ground-3G Pitches		 Incoming
Resources
Movement
resources
expended
in funds
£
£
£
439,386
(342,904)
96,482
-
(64,423)
(64,423)
53,468
(66,668)
(13,200)
-
(48,200)
(48,200)
-
(9,207)
(9,207)
-
(5,981)
(5,981)
25,000
(12,238)
12,762
42,954
(3,674)
39,280
19,996
(22,618)
(2,622)
16,767
(16,767)
-
10,337
(4,273)
6,064
1,955
(2,010)
(55)
6,830
(6,830)
-
51,203
(33,163)
18,040
10,000
(5,282)
4,718
10,292
(10,292)
-
10,846
(4,081)
6,765
5,280
(2,970)
2,310
25,000
(9,894)
15,106
4,730
(4,730)
-
24,600
(18,949)
5,651
9,610
(9,610)
-
328,868
(361,860)
(32,992)
768,254
(704,764)
63,490

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.

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.

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

Page 17

continued...

Gainsborough Trinity Foundation

Notes to the Financial Statements - continued for the Year Ended 31 August 2023

15. MOVEMENT IN FUNDS - continued

This relates to pitch improvement funds.

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.

Tackling Inequality

Active Lincolnshire funding to provide sessions that are aimed at older people, people with disabilities or those with long-term health issues, to encourage movement, walking and gentle exercise.

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.

HAF Club

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

Warm Space Project

NHS Lincolnshire funded to provide a regular warm space where people can meet, chat, get a snack and hot drink, access advice & assistance during the cold winter months.

Transfers between funds

£18,040 and £5,093 were transferred from HAF Summer 22 and HAF Club respectively to General fund as the funds are to be spent on the specific activity however any remaining funds are available for the general use of the charity.

16. RELATED PARTY DISCLOSURES

During the period the charity made sales of £130 (2022: £5,237) and had purchases of £Nil (2022: £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 £Nil (2022: £Nil).

The charity also had sales of £2,316 (2022: £920) and purchases of £Nil (2022: £Nil) 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 (2022: £Nil).

Page 18

Gainsborough Trinity Foundation

Detailed Statement of Financial Activities for the Year Ended 31 August 2023

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
Programme Delivery Materials
Wages
Bad debts
Investment management costs
Kitchen and bar equipment
Charitable activities
Wages
Social security
Pensions
Facility hire
Kit and equipment
Travel
Carried forward		 2023
£
5,822
-
5,822
230,334
200
230,534
-
330
68,858
-
194,179
263,367
5,369
6,918
1,707
13,994
513,717
-
95,276
30,388
130,113
11,635
267,412
616
171,254
5,744
3,118
12,767
187
5,748
198,818		 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
312,085

This page does not form part of the statutory financial statements

Page 19

Gainsborough Trinity Foundation

Charitable activities
Brought forward
Training
Team fees
Coaches
Clothing costs
Support costs
Management
Rates and water
Insurance
Light and heat
Telephone
Postage and stationery
Advertising
Sundries
Computer costs
Cleaning
Sports facilities
Plant and machinery
Fixtures and fittings
Computer equipment
Finance
Subscriptions
Bank charges
Discounts
Information technology
Repairs and renewals
Human resources
Training
Other
Staff Entertainment
Governance costs
Independent exam
Accountancy
Legal and professional
Total resources expended
Net (expenditure)/income		 Detailed Statement of Financial Activities
for the Year Ended 31 August 2023		 2023
£
198,818
36
-
1,547
1,939
202,340
1,176
3,144
41,451
600
1,316
2,747
958
1,914
2,760
57,981
14,251
7,995
3,181
139,474
-
904
822
1,726
24,407
1,307
305
4,275
12,257
29,897
46,429
684,016
(170,299)		 2022
£
312,085
540
2,733
6,083
713
322,154
952
6,060
23,021
8,152
4,258
1,481
3,527
8,728
3,957
64,423
14,833
10,660
3,377
153,429
18
98
-
116
23,106
2,269
-
4,500
750
(20,687)
(15,437)
704,764
63,490

This page does not form part of the statutory financial statements

Page 20