**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:
- the advancement of education and training
- the preservation and protection of good physical and mental health
- the promotion of community participation in healthy recreation by providing facilities for the playing of football and such other sports or physical activities which improve fitness and health (facilities means land, buildings, equipment and organising sporting activities)
- such other purposes recognised from time to time by law as charitable
## **OBJECTIVES AND ACTIVITIES Significant activities**
- Delivery of PE sessions in school
- Delivery of after school clubs
- Play leader training in schools
- PSHE assemblies in schools
- Soccer schools during school holidays
- Player development academy football sessions
- Girls only football sessions at our Wildcats centres
- Walking football sessions
- Ladies football sessions
- Activity sessions in care homes
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.
Page 15
continued...
**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.
Page 16
continued...
**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).
Page 17