2021-08-31-accounts

						Page
Trustees' annual report (incorporating			the	director's	report)
Independent	examiner's report to the		trustees
Statement	of financial activities	(including		income and
expenditure	account)
Statement	offinancial position
Statement	ofcash flows					10
Notes to the financial statements

Registered		charity	name	name	Okehampton	Skills and Sports Trust
Charity registration			number		1169987
Company	registration			number	10313561
Principal office and			registered		Fairways
office					Tanners Hill
					Okehampton
					EX204ND
The trustees					Mr A Ewen
					Mr R Metherell
					Mr I Courtney
					Mr SEssex
					Mr D Brett
					Mrs C Marsh
Independent		examiner			Mrs S LWatts	FCGA DChA
					Thomas Westcott LLP
					Chartered Accountants
					5West Street
					Okehampton
					Devon
					EX20 1HQ

				2021 '	2021 '	2020
				Unrestricted
				funds	Total funds	Total funds
			Note	2	2
Income and endowments
Donations and legacies Investment income			5 6	1,041,775 1,795	1,041,775 1,795	929,651 1,626
Total income				1,043,570	1,043,570	931,277
Expenditure Expenditure on charitable	activities		7,8	2,671	2,671	1,774
Total expenditure				2,671	2,671	1,774
Net income and net movement		in funds		1,040,899	1,040,899	929,503
Reconciliation offunds
Total funds brought forward				1,920,511	1,920,511	991,008
Total funds carried forward				2,961,410	2,961,410	1,920,511

Statement of Fin 31 August 2021	ancial	Position
				2021	2020
			Note
Fixed assets Tangible fixed assets Investments			13 14	2,785,930 1	1,622,196 1
				2,785,931	1,622,197
Current assets Debtors Cash at bank and in	hand		15	152,076 84,271	294,319 6,427
				236,347	300,746
Creditors: amounts	falling	due within one year	16	60,868	2,432
Net current assets				175,479	298,314
Total assets less current		liabilities		2,961,410	1,920,511
Net assets				2,961,410	1 920511
Funds ofthe charity Unrestricted funds				2,961,410	1,920,511
Total charity funds			17	2,961,410	1,920,511

Statement of Cash Flo Year ended 31 August	ws 2021
			2021	2020
Cash flows from operating Net income	activities		1,040,899	929,503
Adjustments for: Other interest receivable and	similar income		(1,795)	(1,626)
Changesin: Trade and other debtors Trade and other creditors			142,243 58,436	(3,481) 1,232
Cash generated from operations			1,239,783	925,628
Interest received			1,795	1,595
Net cash from operating activities			1,241,578	927,254
Cash flows from investing Purchase of tangible assets	activities		(1,163,734)	(922,905)
Net cash used in investing activities			(1,1 63,734)	(922,905)
Net increase in cash and cash equivalents Cash and cash equivalents at beginning		ofyear	77,843 6,427	4,349 2,078
Cash and cash equivalents	at end of year		84,270	6,427

				Unrestricted	Total Funds	Unrestricted	Total Funds
				Funds	2021	Funds	2020
	Donations
	Donations Gift aid donations			1,075,290 (33,515)	1,075,290 (33,515)	658,297 271,354	658,297 271,354
				1,041,775	1,041,775	929,651	929,651
6.	Investment		income
				Unrestricted	Total Funds	Unrestricted	Total Funds
				Funds	2021	Funds	2020
				6	2	P.
	Intercompany		loan interest	1,795	1,795	1,626	1,626
7.	Expenditure		on charitable	activities by fund type
				Unrestricted	Total Funds	Unrestricted	Total Funds
				Funds	2021	Funds	2020
	Charitable	activities		2,671	2,671	1,774	1,774
8.	Expenditure		on charitable	activities by activity type
					Activities
					undertaken	Total funds	Total fund
					directly	2021	2020
	Charitable	activities			2,671	2,671	1,774
9.	Analysis of		support costs
					Analysis of
					charitable
					activities	Total 2021	Total 2020
	Bank charges Utilities costs				140 1,668	140 1,668	87
	Equipment hire Sundry expenses Accountancy				13 850	13 850	37 150 1,500
					2,671	2,671	1,774

Independent	examinatio	n fees
					2021	2020
					2
Fees payable Independent	to the independent examination ofthe		examiner for: financial statements		850	1,200

During the year, no Trustee expenses Tangible fixed assets	have been in	curred (2020:anil	).
		Freehold	Assets under
		property	construction	Total
				2
Cost
At 1 September 2020 Additions		153,264 3,515	1,468,932 1,160,219	1,622,196 1,163,734
At 31 August 2021		156,779	2,629,151	2,785,930
Depreciation
At 1 September 2020 and 31 August	2021
Carrying amount At 31 August 2021		156,779	2,629,151	2,785,930
At 31 August 2020		153,264	1,468,932	1,622,196

Investments
		Shares	in
		group
		undertakings
Cost or valuation
At 1 September	2020 and 31 August 2021
Impairment
At 1 September	2020 and 31 August 2021
Carrying amount
At 31 August 2021			1
At 31 August 2020			1

15.	All investments shown Debtors	above are held at valuation.
			2021	2020
	Amounts owed by group undertakings Other debtors		137,210 14,866	134,215 160,104
			152,076	294,319
16.	Creditors: amounts	falling due within one year
			2021	2020
			2
	Trade creditors		59,818
	Accruals and deferred	income	1,050	1,200
	Social security and other taxes			1,232
			60,868	2,432

Unrestricted	funds
			At
		1 September						At
			2020	Income	Expenditure	Transfers	31August 2021
General funds				1,043,570	(2,671)	(1,040,899)
Development	offixed
assets			1,920,511			1,040,899		2,941,410
			1,920,511					1,920,511
			At
		1	September					At
			2019	Income	Expenditure	Transfers 31		August 2020
General funds				931,277	(1,774)	(929,503)
Development	offixed
assets			991,008			929,503		1,920,511
			991,008	931,277	(1,774)			1,920,511

Analysis of net as	sets between funds
		Unrestricted	Total Funds
		Funds	2021
Tangible fixed assets		2,785,930	2,785,930
Investments		1	1
Current assets		236,347	236,347
Creditors less than	1 year	(60,868)	(60,868)
Net assets		2,961,410	2,961,410
		Unrestricted	Total Funds
		Funds	2020
Ta'ngible fixed assets		1,622,196	1,622,196
Investments		1	1
Current assets		300,746	300,746
Creditors less than	1 year	(2,432)	(2,432)
Net assets		1,920,511	1,920,511

Analy	sis	ofc	han	ges	in net debt
										At
						At	1	Sep 2020 2	Cash flows 2	31Aug	2021 8
Cash	at	bank	and	in	hand			6,427	77,844	84,271