**REGISTERED COMPANY NUMBER: 10473815 (England and Wales) REGISTERED CHARITY NUMBER: 1174134** ## **Report of the Trustees and** **Financial Statements for the Year Ended 31 August 2021** **for** ## **The Russell Martin Foundation** **(A Company Limited by Guarantee)** **The Russell Martin Foundation** **Contents of the Financial Statements for the Year Ended 31 August 2021** ||**Page**| |---|---| |**Reference and Administrative Details**|1| |**Report of the Trustees**|2 to 3| |**Independent Examiner's Report**|4| |**Statement of Financial Activities**|5| |**Balance Sheet**|6 to 7| |**Cash Flow Statement**|8| |**Notes to the Cash Flow Statement**|9| |**Notes to the Financial Statements**|10 to 17| |**Detailed Statement of Financial Activities**|18 to 19| **The Russell Martin Foundation** **Reference and Administrative Details for the Year Ended 31 August 2021** **TRUSTEES** R K A Martin N Young G Peters A H Batchelor (appointed 5.2.21) Mrs K Watson (appointed 1.11.20) R Bradford **REGISTERED OFFICE** Bank House Southwick Square Southwick West Sussex BN42 4FN **REGISTERED COMPANY** 10473815 (England and Wales) **NUMBER REGISTERED CHARITY** 1174134 **NUMBER INDEPENDENT EXAMINER** Style and Silver Bank House Southwick Square Southwick West Sussex BN42 4FN **ACCOUNTANTS** Style and Silver Bank House Southwick Square Southwick West Sussex BN42 4FN Page 1 **The Russell Martin Foundation (Registered number: 10473815)** ## **Report of the Trustees** ## **for the Year Ended 31 August 2021** The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 August 2021. 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** ## **History, Objectives and Aims** The charity was incorporated on 10th November 2016 and registered with the Charity Commission on 4th August 2017 The charity commenced trading in August 2017 The Russell Martin Foundation is a non-profit organisation based in Brighton & Hove which uses the power of football to help change people's lives. It was set up by professional footballer Russell Martin who wanted to give something back to the city where he was born. Our Vision - For the local community to prosper. Our Mission Statement - Using the power of football to empower individuals to improve their lives and their environment. Our Values - Opportunity Inclusivity Quality Sustainability For greater detail please vist our website at www.russellmartinfoundation.co.uk ## **ACHIEVEMENT AND PERFORMANCE Charitable activities** Achievement & Performance During 2020/21, the Russell Martin Foundation (RMF), as in the previous year, managed to grow significantly despite the continuation of the Covid-19 pandemic. Our overall financial turnover increased from £584,802 to £715,568, an increase of over 22%, which has contributed to an ongoing trend over the past three years. The notable successes were; the RMA boys' and girls' football tournaments held in July which both had extremely high numbers of participants; the Extra Time Project (ETP) based at Brighton and Worthing; the distribution of food we were able to deliver to those in need within our local community. The areas of provision most affected by Covid -19 have been the schools' and holiday football programmes as well as the Hove 3G facility. However, in most cases, RMF staff with the support of the government furlough scheme, have been able to off-set the problems created by the pandemic. Page 2 **The Russell Martin Foundation (Registered number: 10473815)** ## **Report of the Trustees** ## **for the Year Ended 31 August 2021** ## **FUTURE PLANS** Over the past few years, the organisation has managed to prosper in terms of diversity and quality of provision as well as the number of people it has been able to support. We intend to ensure that we continue along this trajectory. Our football programmes through the Russell Martin Academy (RMA), have become an outstanding success, both with the number of young people they benefit and also through the reputation we are gaining in Sussex. Everyone at RMF is very delighted about the prospect of developing the Old Barn Way site now that we are in the process of planning the way forward with Adur District Council. In addition, our Extra Time Project (ETP) continues to produce excellent results in Brighton as well as in our new centre in Worthing. At both of these centres we have been able to make a significant impact on young people's lives, so much so that the 10 Brighton & Hove secondary schools and the local authority have given us 3-year contracts to continue the programme. For 2021/2 we will be opening a new ETP centre in Chichester. We have been very fortunate in being able to receive funding from a variety of charities in order to supplement the work we are already doing for what promises to be a very exciting year. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The charity is governed by the Memorandum and Articles incorporated on 10th November 2016. The charity is managed by the Trustees. Approved by order of the board of trustees on 24 May 2022 and signed on its behalf by: R K A Martin - Trustee Page 3 **Independent Examiner's Report to the Trustees of The Russell Martin Foundation** ## **Independent examiner's report to the trustees of The Russell Martin Foundation ('the Company')** I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 August 2021. ## **Responsibilities and basis of report** As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'). Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 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 registered member of the Association of Chartered Certified Accountants which is one of the listed bodies. I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe: 1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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; or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)). 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. A. J. Style FCCA the Association of Chartered Certified Accountants Style and Silver Bank House Southwick Square Southwick West Sussex BN42 4FN 24 May 2022 Page 4 **The Russell Martin Foundation** ## **Statement of Financial Activities for the Year Ended 31 August 2021** |Notes
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
**Charitable activities**
5
Fund raising
Other trading activities
3
Investment income
4
Other income
**Total**
**EXPENDITURE ON**
Raising funds
6
Other
**Total**
**NET INCOME**
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
**TOTAL FUNDS CARRIED FORWARD**|**31.8.21**
Unrestricted
Restricted
**Total**
fund
fund
**funds**
£
£
**£**
**2,112**
**20**
**2,132**
**10,622**
**36,405**
**47,027**
**420,797**
**180,668**
**601,465**
**5**
**-**
**5**
**64,939**
**-**
**64,939**
**498,475**
**217,093**
**715,568**
**379,216**
**213,022**
**592,238**
**94,193**
**1,357**
**95,550**
**473,409**
**214,379**
**687,788**
**25,066**
**2,714**
**27,780**
**65,760**
**-**
**65,760**
**90,826**
**2,714**
**93,540**|31.8.20
Total
funds
£
6,964
46,373
455,055
7
76,403| |---|---|---| |||584,802
443,254
78,164| |||521,418| |||63,384
2,376| |||65,760| The notes form part of these financial statements Page 5 **The Russell Martin Foundation (Registered number: 10473815)** ## **Balance Sheet** ## **31 August 2021** |Notes
**FIXED ASSETS**
Tangible assets
12
**CURRENT ASSETS**
Debtors
13
Cash at bank
**CREDITORS**
Amounts falling due within one year
14
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**NET ASSETS**
**FUNDS**
15
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|Unrestricted
Restricted
fund
fund
£
£
**9,999**
**2,715**
**16,213**
**-**
**113,976**
**-**
**130,189**
**-**
**(49,363)**
**-**
**80,826**
**-**
**90,825**
**2,715**
**90,825**
**2,715**|**31.8.21**
**Total**
**funds**
**£**
**12,714**
**16,213**
**113,976**
**130,189**
**(49,363)**
**80,826**
**93,540**
**93,540**
**90,825**
**2,715**
**93,540**|31.8.20
Total
funds
£
6,377
20,108
65,691
85,799
(26,416)
59,383
65,760
65,760
65,760
-
65,760| |---|---|---|---| The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2021. The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2021 in accordance with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for - (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and - (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. The notes form part of these financial statements Page 6 continued... **The Russell Martin Foundation (Registered number: 10473815)** ## **Balance Sheet - continued** ## **31 August 2021** These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. The financial statements were approved by the Board of Trustees and authorised for issue on 24 May 2022 and were signed on its behalf by: R K A Martin - Trustee The notes form part of these financial statements Page 7 **The Russell Martin Foundation** ## **Cash Flow Statement** |**for the Year Ended 31 August 2021**
Notes
**Cash flows from operating activities**
Cash generated from operations
1
Interest paid
Net cash provided by operating activities
**Cash flows from investing activities**
Purchase of tangible fixed assets
Interest received
Net cash used in investing activities
**Cash flows from financing activities**
Loan repayments in year
Net cash provided by/(used in) financing activities
**Change in cash and cash equivalents**
**in the reporting period**
**Cash and cash equivalents at the**
**beginning of the reporting period**
**Cash and cash equivalents at the end**
**of the reporting period**|**31.8.21**
**£**
**61,115**
**(88)**
**61,027**
**(12,747)**
**5**
**(12,742)**
**-**
**-**
**48,285**
**65,691**
**113,976**|31.8.20
£
72,752
(239)
72,513
(4,800)
7
(4,793)
(2,042)
(2,042)
65,678
13
65,691| |---|---|---| The notes form part of these financial statements Page 8 **The Russell Martin Foundation** ## **Notes to the Cash Flow Statement** ## **for the Year Ended 31 August 2021** ## **1. RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES** |**ACTIVITIES**||| |---|---|---| |**Net income for the reporting period (as per the Statement of**
**Financial Activities)**
**Adjustments for:**
Depreciation charges
Interest received
Interest paid
Increase/(decrease) in pension creditor
Decrease/(increase) in debtors
Increase in creditors
**Net cash provided by operations**|**31.8.21**
**£**
**27,780**
**6,410**
**(5)**
**88**
**549**
**3,895**
**22,398**
**61,115**|31.8.20
£
63,384
2,730
(7)
239
(127)
(9,621)
16,154| |||72,752| 2. **ANALYSIS OF CHANGES IN NET FUNDS** |**Net cash**
Cash at bank
**Total**|At 1.9.20
Cash flow
**At 31.8.21**
£
£
**£**
**65,691**
**48,285**
**113,976**
**65,691**
**48,285**
**113,976**
**65,691**
**48,285**
**113,976**|At 1.9.20
Cash flow
**At 31.8.21**
£
£
**£**
**65,691**
**48,285**
**113,976**
**65,691**
**48,285**
**113,976**
**65,691**
**48,285**
**113,976**| |---|---|---| |||**113,976**| |||**113,976**| The notes form part of these financial statements Page 9 **The Russell Martin Foundation** **Notes to the Financial Statements** **for the Year Ended 31 August 2021** ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charitable company, 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 Companies Act 2006. 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. 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 corporation 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 charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. continued... Page 10 **The Russell Martin Foundation** ## **Notes to the Financial Statements - continued** |**for the Year Ended 31 August 2021**
**2.**
**DONATIONS AND LEGACIES**
Donations
**3.**
**OTHER TRADING ACTIVITIES**
Sponsorships
Football Education Programme
Coaching income
Advertising income
Venue hire
**4.**
**INVESTMENT INCOME**
Deposit account interest
**5.**
**INCOME FROM CHARITABLE ACTIVITIES**
Activity
Grants
Fund raising
Grants received, included in the above, are as follows:
ESF Skills funding
Swim UK
Sussex PCC
Football Foundation
Yellow Brick Road Project
Sussex Community
National Lottery
Chalk Cliff
Functional Skills UK|**31.8.21**
**£**
**2,132**
**31.8.21**
**£**
**17,738**
**61,857**
**438,119**
**3,570**
**80,181**
**601,465**
**31.8.21**
**£**
**5**
**31.8.21**
**£**
**47,027**
**31.8.21**
**£**
**5,622**
**500**
**-**
**1,000**
**-**
**-**
**36,405**
**3,000**
**500**
**47,027**|31.8.20
£
6,964
31.8.20
£
19,000
38,798
338,050
250
58,957|31.8.20
£
6,964
31.8.20
£
19,000
38,798
338,050
250
58,957| |---|---|---|---| |||455,055|| ||||31.8.20
£
7
31.8.20
£
46,373| ||||31.8.20
£
36,173
1,000
1,000
2,000
1,200
5,000
-
-
-| ||||46,373| continued... Page 11 **The Russell Martin Foundation** ## **Notes to the Financial Statements - continued** **for the Year Ended 31 August 2021** ## **6. RAISING FUNDS** |**Raising donations and legacies**
**Other trading activities**
Direct costs
Staff costs
Venue hire
Courses & events
Consultancy fees
Aggregate amounts
**7.**
**SUPPORT COSTS**
Management
£
Other resources expended
**72,279**
Interest
payable
£
Other resources expended
**88**
**8.**
**NET INCOME/(EXPENDITURE)**
Net income/(expenditure) is stated after charging/(crediting):
Depreciation - owned assets
Other operating leases|**31.8.21**
**£**
**31.8.21**
**£**
**77,150**
**405,419**
**77,370**
**12,701**
**19,598**
**592,238**
**592,238**
Finance
£
**6,462**
Governance
costs
£
**11,956**
**31.8.21**
**£**
**6,410**
**85,138**|31.8.20
£
31.8.20
£
52,672
310,865
60,347
-
19,370|31.8.20
£
31.8.20
£
52,672
310,865
60,347
-
19,370| |---|---|---|---| |||443,254|| |||443,254|| ||||Other
£
**4,765**| ||||Totals
£
**95,550**| ||||31.8.20
£
2,730
68,206| continued... Page 12 **The Russell Martin Foundation** **Notes to the Financial Statements - continued** **for the Year Ended 31 August 2021** ## **9. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 31 August 2021 nor for the year ended 31 August 2020. ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 31 August 2021 nor for the year ended 31 August 2020. ## **10. STAFF COSTS** |**31.8.21**
**£**
Wages and salaries
**370,287**
Social security costs
**28,048**
Other pension costs
**7,084**
**405,419**
The average monthly number of employees during the year was as follows:
**31.8.21**
Support and administration
**15**
No employees received emoluments in excess of £60,000.
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
**Charitable activities**
Fund raising
Other trading activities
Investment income
Other income
**Total**
**EXPENDITURE ON**
Raising funds
Other
**Total**|31.8.20
£
286,489
19,038
5,338
310,865
31.8.20
14
Unrestricted
fund
£
6,964
46,373
455,055
7
76,403
584,802
443,254
78,164
521,418|31.8.20
£
286,489
19,038
5,338
310,865
31.8.20
14
Unrestricted
fund
£
6,964
46,373
455,055
7
76,403
584,802
443,254
78,164
521,418| |---|---|---| |||584,802
443,254
78,164| |||521,418| ## **11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES** continued... Page 13 **The Russell Martin Foundation** ## **Notes to the Financial Statements - continued** ## **for the Year Ended 31 August 2021** ## **11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued** |**NET INCOME**
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
**TOTAL FUNDS CARRIED**
**FORWARD**
**12.**
**TANGIBLE FIXED ASSETS**
Plant and
machinery
£
**COST**
At 1 September 2020
**-**
Additions
**6,629**
Reclassification
**6,063**
At 31 August 2021
**12,692**
**DEPRECIATION**
At 1 September 2020
**-**
Charge for year
**2,345**
Reclassification/transfer
**3,314**
At 31 August 2021
**5,659**
**NET BOOK VALUE**
At 31 August 2021
**7,033**
At 31 August 2020
-|Unrestricted
fund
£
63,384
2,376
65,760
Fixtures
and
Computer
fittings
equipment
Totals
£
£
£
**6,063**
**5,655**
**11,718**
**-**
**6,118**
**12,747**
**(6,063)**
**-**
**-**
**-**
**11,773**
**24,465**
**3,314**
**2,027**
**5,341**
**-**
**4,065**
**6,410**
**(3,314)**
**-**
**-**
**-**
**6,092**
**11,751**
**-**
**5,681**
**12,714**
2,749
3,628
6,377|Unrestricted
fund
£
63,384
2,376
65,760
Fixtures
and
Computer
fittings
equipment
Totals
£
£
£
**6,063**
**5,655**
**11,718**
**-**
**6,118**
**12,747**
**(6,063)**
**-**
**-**
**-**
**11,773**
**24,465**
**3,314**
**2,027**
**5,341**
**-**
**4,065**
**6,410**
**(3,314)**
**-**
**-**
**-**
**6,092**
**11,751**
**-**
**5,681**
**12,714**
2,749
3,628
6,377| |---|---|---| |||63,384
2,376| |||65,760| |||Totals
£
**11,718**
**12,747**
**-**
**24,465**
**5,341**
**6,410**
**-**
**11,751**
**12,714**
6,377| continued... Page 14 **The Russell Martin Foundation** ## **Notes to the Financial Statements - continued** |**for the Year Ended 31 August 2021**
**13.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade debtors
Trade debtors provision
Prepayments and accrued income
Prepayments
**14.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Social security and other taxes
Other creditors
Pension control
Accruals and deferred income
Accrued expenses
**15.**
**MOVEMENT IN FUNDS**
At 1.9.20
£
**Unrestricted funds**
General fund
**65,760**
**Restricted funds**
Extra Time Project
**-**
**TOTAL FUNDS**
**65,760**
Net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
**498,475**
**Restricted funds**
Extra Time Project
**217,093**
**TOTAL FUNDS**
**715,568**|**31.8.21**
**£**
**18,077**
**(2,214)**
**-**
**350**
**16,213**
**31.8.21**
**£**
**7,976**
**-**
**1,367**
**25,000**
**15,020**
**49,363**
Net
movement
in funds
£
**25,065**
**2,715**
**27,780**
Resources
expended
£
**(473,410)**
**(214,378)**
**(687,788)**|31.8.20
£
6,679
-
10,055
3,374
20,108
31.8.20
£
4,143
17,400
818
-
4,055
26,416
At
31.8.21
£
**90,825**
**2,715**
**93,540**
Movement
in funds
£
**25,065**
**2,715**
**27,780**| |---|---|---| Page 15 continued... **The Russell Martin Foundation** **Notes to the Financial Statements - continued** **for the Year Ended 31 August 2021** ## **15. MOVEMENT IN FUNDS - continued** ## **Comparatives for movement in funds** |Net
movement
At 1.9.19
in funds
£
£
**Unrestricted funds**
General fund
2,376
63,384
**TOTAL FUNDS**
2,376
63,384
Comparative net movement in funds, included in the above are as follows:
Incoming
Resources
resources
expended
£
£
**Unrestricted funds**
General fund
584,802
(521,418)
**TOTAL FUNDS**
584,802
(521,418)
A current year 12 months and prior year 12 months combined position is as follows:
Net
movement
At 1.9.19
in funds
£
£
**Unrestricted funds**
General fund
2,376
88,449
**Restricted funds**
Extra Time Project
-
2,715
**TOTAL FUNDS**
2,376
91,164|At
31.8.20
£
65,760
65,760
Movement
in funds
£
63,384
63,384
At
31.8.21
£
90,825
2,715
93,540| |---|---| ||| ||| Page 16 continued... **The Russell Martin Foundation** ## **Notes to the Financial Statements - continued** **for the Year Ended 31 August 2021** ## **15. MOVEMENT IN FUNDS - continued** A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: |Incoming
Resources
resources
expended
£
£
**Unrestricted funds**
General fund
1,083,277
(994,828)
**Restricted funds**
Extra Time Project
217,093
(214,378)
**TOTAL FUNDS**
1,300,370
(1,209,206)|Movement
in funds
£
88,449
2,715
91,164| |---|---| ## **16. RELATED PARTY DISCLOSURES** There were no related party transactions for the year ended 31 August 2021. Page 17 **The Russell Martin Foundation** |**Detailed Statement of Financial Activities**
**for the Year Ended 31 August 2021**
**INCOME AND ENDOWMENTS**
**Donations and legacies**
Donations
**Other trading activities**
Sponsorships
Football Education Programme
Coaching income
Advertising income
Venue hire
**Investment income**
Deposit account interest
**Charitable activities**
Grants
**Other income**
Government covid grants
**Total incoming resources**
**EXPENDITURE**
**Other trading activities**
Coaching equipment & clothing
Coaching fees
Wages
Social security
Pensions
Venue hire
Courses & events
Consultancy fees
**Support costs**
**Management**
Office rent and rates
Carried forward|31.8.21
£
**2,132**
**17,738**
**61,857**
**438,119**
**3,570**
**80,181**
**601,465**
**5**
**47,027**
**64,939**
**715,568**
**22,068**
**55,082**
**370,287**
**28,048**
**7,084**
**77,370**
**12,701**
**19,598**
**592,238**
**7,768**
**7,768**|31.8.20
£
6,964
19,000
38,798
338,050
250
58,957| |---|---|---| |||455,055
7
46,373
76,403| |||584,802
5,867
46,805
286,489
19,038
5,338
60,347
-
19,370| |||443,254
7,859
7,859| This page does not form part of the statutory financial statements Page 18 **The Russell Martin Foundation** ## **Detailed Statement of Financial Activities** **for the Year Ended 31 August 2021** |**Management**
Brought forward
Repairs and renewals
Insurance
Light and heat
Telephone
Postage and stationery
Advertising
Staff training
Computer costs
Motor expenses
Vehicle leasing
Travel and subsistence
**Finance**
Bank charges
Depreciation of tangible fixed assets
**Other**
Subscriptions
Donations
Sundries
Cleaning
Entertaining
**Interest payable**
Bank interest
Bank loan interest
HMRC interest
**Governance costs**
Legal fees
Accountancy
Total resources expended
**Net income**|31.8.21
£
**7,768**
**9,443**
**5,324**
**2,466**
**4,010**
**2,937**
**4,383**
**3,946**
**7,083**
**9,921**
**13,284**
**1,714**
**72,279**
**52**
**6,410**
**6,462**
**67**
**702**
**1,019**
**1,117**
**1,860**
**4,765**
**82**
**-**
**6**
**88**
**796**
**11,160**
**11,956**
**687,788**
**27,780**|31.8.20
£
7,859
7,561
7,027
1,932
3,081
1,114
1,370
2,772
18,050
6,812
12,386
1,646| |---|---|---| |||71,610
86
2,730| |||2,816
148
-
503
928
-| |||1,579
90
149
-| |||239
720
1,200| |||1,920| |||521,418| |||63,384| This page does not form part of the statutory financial statements Page 19