2022-09-30-accounts - Okehampton Skills And Sports Trust

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							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		of financial position
Statement		of cash flows
							10
Notes to the financial statements

Reference	and administrative	and administrative	and administrative	and administrative	details
Registered		charity	name		Okehampton Skills and Sports Trust
Charity registration			number		1169967
Company	registration			number	10313561,
Principal office and office			registered		Fairways Tanners Hill
					Okehampton
					EX20 4ND
The trustees					Mr A Ewen
					Mr R Metherell
					Mr SEssex
					Mr D Brett
					Mrs C Marsh
Independent		examiner			Mrs S L Watts FCCA DChA Westcotts (SWi LLP
					Chartered Accountants
					7C Cranmere	Road
					Okehampton
					Devon
					EX20 1UE

Period ended 30Septembe	r 2022
			2022		2021
			Unrestricted
			funds	Total funds	Total funds
		Note	2	2
Income and endowments Donations and legacies Charitable activities Investment income Total income			700,295 168,011 2,058 870,364	700,295 168,011 2,058 870,364	1 041 775 1,795 1,043,570
Expenditure Expenditure on charitable activities Total expenditure		8	31,821 31,821	31,821 31,821	2,671 2,671
Net income and net movement	in funds		838,543	838,543	1,040,899
Reconciliation offunds Total funds brought forward Total funds carried foneard			2,961,410 3,799,953	2,961,410 3,799,953	991,008 2,961,410

30September 20
		2022	2021
	Note
Fixed assets Tangible fixed assets	13 14	3,455,648 1	2,785,930 1
Investments		3,455,649	2,785,931
Current assets	15	218,821	152,076
Debtors Cash at bank arid in hand		163,928 382,749	84,271 236,347
Creditors: amounts falling due within one year Net current assets Total assets less current liabilities Net assets	16	38,445 344,304 3,799,953 3,799,953	60,868 175,479 2,961,410 2,961,410
Funds ofthe charity Unrestricted funds Total charity funds	17	3,799,953 3,799,953	2,961,410 2,961,410

Company Limited by G Statement of Cash Flo Period ended 30 Septe	uarantee ws mber 2022
			2022	2021
			2
Cash flows from operating Net income	activities		838,543	1,040,899
Adj ustmenfs for; Other Interest receivable and	similar income		(2,058)	(1,795)
Changes in: Trade and other debtors Trade and other creditors			(66,745) (22,423)	142,243 56,436
Gash generated from operations			747,317	1,239,783
Interest received			2,058	1,795
Net cash from operating activities			749,375	1,241,578
Cash' flows from investing Purchase oftangible assets	activities		(669,718)	(1,163,734)
Net cash used in investing activities			(669,718)	(1,163,734)
Net Increase In cash and cash equivalents Cash and cash equivalents at beginning		of period	79,657 84,270	77,843 6,427
Cash and cash equivalents	at end of period		163,927	84,270

Donations and legacies
	Unrestricted Funds P.	Total Funds 2022 2	Unrestduted Funds	Total Funds 2021 2
Donations Donations Gift aid	596,433 103,862 700,295	596,433 103,862 700,295	1,075,290 (33,515) 1,041,775	1,075,290 (33,515) 1,041,775

Charitable a	ctivities
		Unrestricted Funds 2	Total Funds 2022 2	Unrestricted Funds ' 2		Total Funds 2021 2
Sale of lease Rental income		141,000 27,011	141,000 27,011
		168,011	168,011
Investment	income
		Unrestricted Funds	Total Funds 2022 2	Unrestricted Funds 2		Total Funds 2021 2
Intercompany	loan interest	2,058	2,058		2,671	2,671
Expenditure	on charitable	activities by fund type
		Unrestricted Funds	Total Funds 2022 2	Unrestricted Funds		Total Funds 2021 2
Charitable activities Support costs		28,345 3,476 31,821	28,345 3,476 31,821		1,821 850 2,671	1,821 850 2,671	r

9.	Expenditure on charitable	activ	ities
				Unrestricted 8	Total 2022 8	Total 2021 8
	Rates and water Light and heat Cleaning and site amenities Advert)a)ng and marketing Repairs and maintenance Letting agent fees Other professional services Subscriptions Telephone Bank charges			1,922 5,746 3,408 2,270 381 5,734 6,940 476 992 348 128	1,922 5,746 3,408 2,270 381 5,734 6,940 476 992 348 128	1,668 140 13
	Sundry expenses			28,345	28,345	1,821
10.	Analysis of support costs
				Unrestricted	Total 2022 8	Total 2021 6
	Governance costs			3,476	3,476	850
				3,476	3,476	850
11.	Independent examination	fees
					2022	2021
					2	8
	Fees payable to the independent independent examination ofthe		examiner for: financial statements		1,000	850

14.	Tangible fixed as	sets
				Freehold	Assets under
				property	construction	Total 2
	Cost At 1 September 2021			156,779	2,629,151 669,718	2,785,930 669,718
	Additions
	Disposals At 30September	2022		156,779	3,298,869	3,455,648
	Depreciation At 1 September 2021 and 30September		2022
	Carrying amount At 30September 2022 At 31 August 2021			156,779 156,779	3,298,869 2,629,151	3,455,648 2,785,930
15.	Investments
						Shares in
						gl'oup
					undertakings
						6
	Cost or valuation At 1September	2021 and 30 September	2022
	Impairment At 1 September	2021 and 30 September	2022
	Carrying amount At 30September	2022				1
						1
	At 31 August 2021
	All investments shown above are held at		valuation.
16.	Debtors
					2022	2021
					2
	Amounts owed by group undertakings				157,860 961	137,210
	Prepayments Other debtors				60,000 218,821	14,866 152,076

19.	Analysis ofnet as	sets between funds
				Unrestricted	Total Funds
				Funds	2022
				2	2
	Tangible fixed assets			3,455,648 1	3,455,648 1
	Investments Current assets Creditors less than Net assets	1 year		382,749 (38,445) 3,799,953	382,749 (38,445) 3,799,953
				Unrestricted	Total Funds
				Funds	2021
				2
	Tangible fixed assets			2,785,930 1	2,785,930 1
	Investments Current assets Creditors less than Net assets	1 year		236,347 (60,868) 2,961,410	236,347 (60,868) 2961 410
20.	Analysis ofchanges in net debt
					At 30Sept
			At 1 Sep 2021 2	Cash flows	2022 2
	Cash at bank and	in hand	84,271	79,657	163,928