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← Gainsborough Trinity Foundation

2024-08-31-accounts

REGISTERED CHARITY NUMBER: 1168775

Report of the Trustees and

Unaudited Financial Statements for the Year Ended 31 August 2024

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 2024

Page
Report of the Trustees 1 to 4
Independent Examiner's Report 5
Statement of Financial Activities 6
Balance Sheet 7
Cash Flow Statement 8
Notes to the Cash Flow Statement 9
Notes to the Financial Statements 10 to 17

Gainsborough Trinity Foundation

Report of the Trustees for the Year Ended 31 August 2024

The trustees present their report with the financial statements of the charity for the year ended 31 August 2024. 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:

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

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.

Page 1

Gainsborough Trinity Foundation

Report of the Trustees for the Year Ended 31 August 2024

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 11 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

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.

Page 2

Gainsborough Trinity Foundation

Report of the Trustees for the Year Ended 31 August 2024

FINANCIAL REVIEW

Financial position

At the year end the charity had overall funds of £573,155 (2023: £734,002) of which £558,271 (2023: £682,636) were restricted and £14,884 (2023: £51,366) 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.

o 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 £469,645 (2023: £521,827). The restricted funds also include part of a tractor purchased in 2020 with a carried forward value of £15,537 (2023: £20,715). These are retained in restricted funds due to an ongoing restriction over their use and the return of monies if sold. The remaining restricted fund balance is mostly unexpended cash on restricted projects of £73,089 (2023: £100,712).

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 £109,000 based on the current year. At the year end the charity had unrestricted reserves of £14,884. £38,095 of this is functional assets therefore free reserves are £Nil 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.

Page 3

Gainsborough Trinity Foundation Report of the Trustees for the Year Ended 31 August 2024

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

Roses Sports Ground North Warren Road Gainsborough Lincolnshire DN21 2TU

Trustees

G H Lynner (resigned 10.4.24) R Stallard-Kane (resigned 7.9.23) M Boles 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 13 June 2025 and signed on its behalf by:

Matt Boles (Jun 18, 2025 07:59 GMT+1) ........................................................................ M Boles - Trustee

Page 4

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 2024.

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

  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 18, 2025 12:27 GMT+1)

Paul Colcomb FCCA

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

Date: 13 June 2025

Page 5

Gainsborough Trinity Foundation

Statement of Financial Activities

for the Year Ended 31 August 2024

Unrestricted
funds
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
450
Charitable activities
4
Sports activities
69,129
Education
68,545
Health and wellbeing
27,475
Other trading activities
3
162,213
Other income
5,829
Total
333,641
EXPENDITURE ON
Raising funds
5
143,482
Charitable activities
6
Core- to allocate
-
Sports activities
38,632
Education
55,664
Health and wellbeing
132,344
Total
370,122
NET INCOME/(EXPENDITURE)
(36,481)
RECONCILIATION OF FUNDS
Total funds brought forward
51,366
TOTAL FUNDS CARRIED FORWARD
14,885		 Restricted
funds
£
173
-
63,932
57,764
10,179
7
132,055
44,432
-
66,642
111,013
34,334
256,421
(124,366)
682,636
558,270		 2024
Total
funds
£
623
69,129
132,477
85,239
172,392
5,836
465,696
187,914
-
105,274
166,677
166,678
626,543
(160,847)
734,002
573,155		 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)
904,301
734,002

The notes form part of these financial statements

Page 6

Gainsborough Trinity Foundation

Balance Sheet

31 August 2024

Notes
FIXED ASSETS
Tangible assets
10
CURRENT ASSETS
Debtors
11
Cash at bank and in hand
CREDITORS
Amounts falling due within one year
12
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT LIABILITIES
NET ASSETS
FUNDS
14
Unrestricted funds
Restricted funds
TOTAL FUNDS		 Unrestricted
funds
£
38,095
30,652
771
31,423
(54,634)
(23,211)
14,884
14,884		 Restricted
funds
£
485,182
-
73,634
73,634
(545)
73,089
558,271
558,271		 2024
Total
funds
£
523,277
30,652
74,405
105,057
(55,179)
49,878
573,155
573,155
14,884
558,271
573,155		 2023
Total
funds
£
589,467
24,503
140,590
165,093
(20,558)
144,535
734,002
734,002
51,366
682,636
734,002

The financial statements were approved by the Board of Trustees and authorised for issue on 13 June 2025 and were signed on its behalf by:

Matt Boles (Jun 18, 2025 07:59 GMT+1)

............................................. M Boles - Trustee

The notes form part of these financial statements

Page 7

Gainsborough Trinity Foundation

Cash Flow Statement
for the Year Ended 31 August 2024
2024
Notes
£
Cash flows from operating activities
Cash generated from operations
1
(65,839)
Net cash used in operating activities
(65,839)
Cash flows from investing activities
Purchase of tangible fixed assets
(3,552)
Net cash (used in)/provided by investing activities
(3,552)
Change in cash and cash equivalents in
the reporting period
(69,391)
Cash and cash equivalents at the
beginning of the reporting period
2
137,692
Cash and cash equivalents at the end of
the reporting period
2
68,301		 2023
£
(87,688)
(87,688)
-
-
(87,688)
225,380
137,692

The notes form part of these financial statements

Page 8

Gainsborough Trinity Foundation

Notes to the Cash Flow Statement for the Year Ended 31 August 2024

1. RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING ACTIVITIES RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING ACTIVITIES RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING ACTIVITIES RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING ACTIVITIES RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING ACTIVITIES
2024 2023
£ £
Net expenditure for the reporting period (as per the Statement of
Financial Activities) (160,847) (170,299)
Adjustments for:
Depreciation charges 69,742 83,408
(Increase)/decrease in debtors (6,149) 29,606
Increase/(decrease) in creditors 31,415 (30,403)
Net cash used in operations (65,839) (87,688)
2. ANALYSIS OF CASH AND CASH EQUIVALENTS
2024 2023
£ £
Cash in hand 771 471
Notice deposits (less than 3 months) 73,634 140,119
Overdrafts included in bank loans and overdrafts falling due within one year (6,104) (2,898)
Total cash and cash equivalents 68,301 137,692
3. ANALYSIS OF CHANGES IN NET FUNDS
At 1.9.23 Cash flow At 31.8.24
£ £ £
Net cash
Cash at bank and in hand 140,590 (66,185) 74,405
Bank overdrafts (2,898) (3,206) (6,104)
137,692 (69,391) 68,301
Total 137,692 (69,391) 68,301

The notes form part of these financial statements

Page 9

Gainsborough Trinity Foundation Notes to the Financial Statements for the Year Ended 31 August 2024

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.

On this basis expenses are currently allocated to activities as follows:

Sport - 24% Education - 38% Wellbeing - 38%

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 taxation relating to its primary purpose and exempt activities. Corporation tax is applicable on non-exempt trading activities undertaken by the charity.

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.

Page 10

continued...

Gainsborough Trinity Foundation

Notes to the Financial Statements - continued

for the Year Ended 31 August 2024

2. DONATIONS AND LEGACIES

Donations
3.
OTHER TRADING ACTIVITIES
Bar income
Sponsorships
4.
INCOME FROM CHARITABLE ACTIVITIES
Activity
Facilities hire
Sports activities
Open sessions
Education
Grants
Education
Grants
Health and wellbeing
Grants received, included in the above, are as follows:
Lincolnshire County Council
NHS South West Lincolnshire
Big Lottery
Community connector
Health Activities Fund
Miscellaneous small grants
Nightlight
5.
RAISING FUNDS
Other trading activities
Purchases
Staff costs
Bad debts
Investment management costs
Kitchen and bar equipment
Aggregate amounts		 2024
£
623
2024
£
172,392
-
172,392
2024
£
69,129
-
132,477
85,239
286,845
2024
£
131,320
-
63,932
-
-
-
22,464
217,716
2024
£
108,054
78,717
-
186,771
2024
£
1,143
187,914		 2023
£
5,822
2023
£
230,334
200
230,534
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
2023
£
125,664
130,113
11,635
267,412
2023
£
616
268,028

Page 11

continued...

Gainsborough Trinity Foundation

Notes to the Financial Statements - continued for the Year Ended 31 August 2024

6. CHARITABLE ACTIVITIES COSTS

Sports activities
Education
Health and wellbeing		 Direct
Costs
£
49,546
78,448
78,449
206,443		 Support
costs (see
note 7)
£
55,728
88,229
88,229
232,186		 Totals
£
105,274
166,677
166,678
438,629

7. SUPPORT COSTS

SUPPORT COSTS
Information
Management Finance technology
£ £ £
Sports activities 33,661 2,232 4,235
Education 53,290 3,533 6,706
Health and wellbeing 53,290 3,533 6,706
140,241 9,298 17,647
Human Governance
resources costs Totals
£ £ £
Sports activities 175 15,425 55,728
Education 276 24,424 88,229
Health and wellbeing 276 24,424 88,229
727 64,273 232,186

8. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 August 2024 nor for the year ended 31 August 2023.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 August 2024 nor for the year ended 31 August 2023.

9. STAFF COSTS

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		 2024
£
262,928
6,869
2,762
272,559
2024
22		 2023
£
301,367
5,744
3,423
310,534
2023
26

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

Page 12

continued...

Gainsborough Trinity Foundation

Notes to the Financial Statements - continued for the Year Ended 31 August 2024

10. TANGIBLE FIXED ASSETS

Sports
Plant and
facilities
machinery
£
£
COST
At 1 September 2023
753,704
103,131
Additions
-
3,552
At 31 August 2024
753,704
106,683
DEPRECIATION
At 1 September 2023
231,877
60,378
Charge for year
52,182
10,787
At 31 August 2024
284,059
71,165
NET BOOK VALUE
At 31 August 2024
469,645
35,518
At 31 August 2023
521,827
42,753
11.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade debtors
VAT
Prepayments and accrued income
12.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Bank loans and overdrafts (see note 13)
Trade creditors
Taxation and social security
Other creditors
13.
LOANS
An analysis of the maturity of loans is given below:
Amounts falling due within one year on demand:
Bank overdrafts		 Fixtures
and
Computer
fittings
equipment
£
£
59,817
10,550
-
-
59,817
10,550
35,832
9,648
5,996
777
41,828
10,425
17,989
125
23,985
902
2024
£
8,579
2,416
19,657
30,652
2024
£
6,104
33,872
-
15,203
55,179
2024
£
6,104		 Totals
£
927,202
3,552
930,754
337,735
69,742
407,477
523,277
589,467
2023
£
21,605
-
2,898
24,503
2023
£
2,898
8,526
1,135
7,999
20,558
2023
£
2,898

Page 13

continued...

Gainsborough Trinity Foundation

Notes to the Financial Statements - continued for the Year Ended 31 August 2024

14. 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
Happier Healthier Better Connected
Nightlight
No Work Network
Rural Connector
Tackling Inequality
Winter Pressure (LCC NHS)
Warm Space Project
BBC Children in Need
TNLCF-Million Hours Active Holiday
TOTAL FUNDS
Net movement in funds, included in the above are as follows:
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
Happier Healthier Better Connected
Nightlight
No Work Network
Rural Connector
Tackling Inequality
Winter Pressure (LCC NHS)
Warm Space Project
BBC Children in Need
TNLCF-Million Hours Active Holiday
TOTAL FUNDS		 Net
movement
At
At 1.9.23
in funds
31.8.24
£
£
£
51,366
(36,482)
14,884
561,209
(52,183)
509,026
20,715
(5,193)
15,522
2,216
(2,216)
-
41,153
(34,022)
7,131
5,958
(5,958)
-
6,064
(5,144)
920
472
(472)
-
38,811
(18,219)
20,592
528
(528)
-
2,500
(2,500)
-
600
(600)
-
1,451
(1,451)
-
959
(959)
-
-
3,311
3,311
-
1,769
1,769
682,636
(124,365)
558,271
734,002
(160,847)
573,155
Incoming
Resources
Movement
resources
expended
in funds
£
£
£
333,641
(370,123)
(36,482)
-
(52,183)
(52,183)
-
(5,193)
(5,193)
-
(2,216)
(2,216)
63,930
(97,952)
(34,022)
-
(5,958)
(5,958)
10,186
(15,330)
(5,144)
-
(472)
(472)
22,640
(40,859)
(18,219)
-
(528)
(528)
-
(2,500)
(2,500)
-
(600)
(600)
-
(1,451)
(1,451)
-
(959)
(959)
11,300
(7,989)
3,311
23,999
(22,230)
1,769
132,055
(256,420)
(124,365)
465,696
(626,543)
(160,847)

Page 14

continued...

Gainsborough Trinity Foundation

Notes to the Financial Statements - continued for the Year Ended 31 August 2024

14. MOVEMENT IN FUNDS - continued

Comparatives for 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

Comparative net movement in funds, included in the above are as follows:

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
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		 Incoming
Resources
Movement
resources
expended
in funds
£
£
£
333,626
(454,809)
(121,183)
-
(57,981)
(57,981)
-
(6,906)
(6,906)
-
(10,546)
(10,546)
42,953
(41,080)
1,873
39,962
(31,382)
8,580
20,445
(20,445)
-
-
(4,246)
(4,246)
40,355
(8,309)
32,046
-
(1,782)
(1,782)
-
(12,606)
(12,606)
-
600
600
-
(4,200)
(4,200)
11,000
(10,041)
959
25,376
(20,283)
5,093
180,091
(229,207)
(49,116)
513,717
(684,016)
(170,299)

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 ground is depreciated each year.

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Gainsborough Trinity Foundation

Notes to the Financial Statements - continued for the Year Ended 31 August 2024

14. MOVEMENT IN FUNDS - continued

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

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.

BBC Children in Need

To fund an after-school football and multi-sports project for primary-aged children with special educational needs and disabilities in years 3-6.

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Gainsborough Trinity Foundation

Notes to the Financial Statements - continued

for the Year Ended 31 August 2024

14. MOVEMENT IN FUNDS - continued

TNLCF - Million Hours Active Holiday

To extend local classes to the community to help young people at the risk of anti-social behaviour, the classes will be held on evenings and weekends for ages 11-16.

15. RELATED PARTY DISCLOSURES

During the period the charity made sales of £4,343 (2023: £130) with Gainsborough Trinity Football Club, a company in which former trustee R E Stallard-Kane is director. The net balance due to the company at the year end was £Nil (2023: £Nil).

The charity also had sales of £Nil (2023: £2,316) with Stallard Kane Associates Limited, a company in which former trustees R E Stallard-Kane and I D Stallard-Kane are directors. The balance due to company at the year end was £Nil (2023: £Nil).

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