| Page | |||
|---|---|---|---|
| Report ofthe Trustees | 1 | to | 2 |
| Report ofthe Independent Auditors |
3 | to | 5 |
| Statement ofFinancial Activities |
|||
| Balance Sheet | |||
| Cash Flow Statement | |||
| Notes to the Cash Flow Statement | |||
| Notes to the Financial Statements | 10 | to | 15 |
| Detailed Statement ofFinancial Activities | 16 | to | 17 |
| 2023 | 2022 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||||||
| fund | fund | funds | funds | ||||||
| Notes | |||||||||
| INCOME | AND ENDOWMENTS | FROM | |||||||
| Donations | and legacies | 2 | 1,229,443 | 221,750 | 1,451,193 | 1,154,489 | |||
| Other income | 9,383 | 9,383 | 15,208 | ||||||
| Total | 1,238,826 | 221,750 | 1,460,576 | 1,169,697 | |||||
| EXPENDITURE | ON | ||||||||
| Charitable | activities | ||||||||
| Education | 1,073,334 | 159,966 | 1,233,300 | 943,720 | |||||
| Other | 116,014 | 116,014 | 83,887 | ||||||
| Total | 1,189,348 | 159,966 | 1,349,314 | 1,027,607 | |||||
| NET INCOME | 49,478 | 61,784 | 111,262 | 142,090 | |||||
| Transfers | between | funds | 12 | 299,560 | ~299,560) | ||||
| Net movement in |
funds | 349,038 | (237,776) | 111,262 | 142,090 | ||||
| RECONCILIATION | OF FUNDS | ||||||||
| Total funds | brought | forward | 76,667 | 299,560 | 376,227 | 234,137 | |||
| TOTAL FUNDS CARRIED FORWARD | 425,705 | 61,784 | 487,489 | 376,227 |
| 2023 | 2022 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| fund | fund | funds | funds | |||
| Notes | ||||||
| FIXEDASSETS | ||||||
| Tangible assets | 45,160 | 45,160 | 34,313 | |||
| CURRENT ASSETS | ||||||
| Debtors | 10 | 133,776 | 133,776 | 87,030 | ||
| Cash at bank and in hand | 363,715 | 61 784 | 425 499 | 328,847 | ||
| 497,491 | 61,784 | 559,275 | 415,877 | |||
| CREDITORS | ||||||
| Amounts falling due within |
one year | 11 | (116,946) | (116,946) | (73,963) | |
| NET CURRENT ASSETS | 380,545 | 61,784 | 442,329 | 341,914 | ||
| TOTAL ASSETSLESSCURRENT | ||||||
| LIABILITIES | 425,705 | 61,784 | 487,489 | 376,227 | ||
| NET ASSETS | 425,705 | 61,784 | 487,489 | 376,227 | ||
| FUNDS | 12 | |||||
| Unrestricted funds |
425,705 | 76,667 | ||||
| Restricted funds | 61,784 | 299,560 | ||||
| TOTAL FUNDS | 487,489 | 376,227 |
| CASH FLOW STATEMENT | ||||||
|---|---|---|---|---|---|---|
| FOR THE YEAR ENDED 31AUGUST 2023 | ||||||
| 2023 | 2022 | |||||
| Notes | ||||||
| Cash flows from operating | activities | |||||
| Cash generated from operations |
122,552 | 133,734 | ||||
| Net cash provided by operating activities |
122,552 | 133,734 | ||||
| Cash flows from investing | activities | |||||
| Purchase oftangible fixed | assets | ~25,900) | ~45,750) | |||
| Net cash used in investing | activities | ~25,900) | ~45,750) | |||
| Change in cash and cash | equivalents | in | ||||
| the reporting period |
96,652 | 87,984 | ||||
| Cash and cash equivalents | at the | |||||
| beginning ofthe reporting |
period | 328,847 | 240,863 | |||
| Cash and cash equivalents | at the | end | of | |||
| the reporting period |
425,499 | 328,847 |
| 2023 | 2022 | |||||
|---|---|---|---|---|---|---|
| Net income | for the | reporting | period (as per the Statement ofFinancial | |||
| Activities) | 111,262 | 142,090 | ||||
| Adjustments | for: | |||||
| Depreciation | charges | 15,053 | 11,437 | |||
| Increase in debtors Increase/(decrease) |
in creditors | (46,746) 42,983 |
(11,319) ~8,474i |
|||
| Net cash provided | by operations | 122,552 | 133,734 | |||
| 2. | ANALYSIS | OF CHANGES | IN NET FUNDS | |||
| At 1.9.22 | Cash flow | At 31.8.23 | ||||
| Net cash | ||||||
| Cash at bank | and in | hand | 328,847 | 96,652 | 425,499 | |
| 328,847 | 96,652 | 425,499 | ||||
| Total | 328,847 | 96,652 | 425,499 |
| DONATI | ONS AND LEGACIES |
||
|---|---|---|---|
| 2023 | 2022 | ||
| Donations Grants Course fees &subscriptions Matchday donations &raffles |
85,797 229,450 1,040,796 95,150 |
83,203 185,747 789,091 96 448 |
|
| 1,451,193 | 1,154,489 |
| 2023 | 2022 | |||||
|---|---|---|---|---|---|---|
| Other grants | 229,450 | 185,747 | ||||
| 3. | CHARITABLE ACTIVITIES | COSTS | ||||
| Support | ||||||
| Direct | costs (see | |||||
| Costs | note 4) | Totals | ||||
| Education | 1,181,690 | 51,610 | 1,233,300 | |||
| 4. | SUPPORT COSTS | |||||
| Information | Governance | |||||
| Management | Finance | technology | costs | Totals | ||
| Other resources expended | 600 | 600 | ||||
| Education | 26,551 | 3,432 | 17,427 | 4,200 | 51,610 | |
| 26,551 | 3,432 | 17,427 | 4,800 | 52,210 |
| 2023 | 2022 | |||
|---|---|---|---|---|
| Auditors | remuneration | 4,800 | 4,200 | |
| Depreciation | -owned assets | 15,053 | 11,437 |
| STAFF COSTS | ||||||||
|---|---|---|---|---|---|---|---|---|
| 2023 | 2022 | |||||||
| Wages and salaries | 900,952 | 679,324 | ||||||
| Social security costs | 75,385 | 55,832 | ||||||
| Other pension costs | 15,326 | 10,847 | ||||||
| 991,663 | 746,003 | |||||||
| The average monthly | number ofemployees | during | the year was | as follows: | ||||
| 2023 | 2022 | |||||||
| Education, management |
&administration | 40 | 28 | |||||
| The number ofemployees | whose employee | benefits | (excluding | employer pension |
costs) exceeded | f60,000was: | ||
| 2023 | 2022 | |||||||
| E70,001 - f80,000 | 1 | |||||||
| f80,001 - f90,000 | ||||||||
| COMPARATIVES FOR | THE STATEMENT OF FINANCIAL ACTIVITIES | |||||||
| Unrestricted | Restricted | Total | ||||||
| fund | fund | funds | ||||||
| INCOME AND ENDOWMENTS FROM | ||||||||
| Donations and legacies |
987,207 | 167,282 | 1,154,489 | |||||
| Other income | 15,208 | 15,208 | ||||||
| Total | 1,002,415 | 167,282 | 1,169,697 | |||||
| EXPENDITURE ON | ||||||||
| Charitable activities |
||||||||
| Education | 943,720 | 943,720 | ||||||
| Other | 83,887 | 83,887 | ||||||
| Total | 1,027,607 | 1,027,607 | ||||||
| NET INCOME/(EXPENDITURE) | (25,192) | 167,282 | 142,090 | |||||
| RECONCILIATION | OF | FUNDS | ||||||
| Total funds brought forward |
101,859 | 132,278 | 234,137 | |||||
| TOTAL FUNDS CARRIED FORWARD | 76,667 | 299,560 | 376,227 |
| TANGIBLE FIXEDASSETS | ||||
|---|---|---|---|---|
| Motor | ||||
| vehicles | ||||
| COST | ||||
| At 1 September 2022 |
45,750 | |||
| Additions | 25,900 | |||
| At 31 August 2023 | 71,650 | |||
| DEPRECIATION | ||||
| At 1 September 2022 |
11,437 | |||
| Charge for year | 15,053 | |||
| At 31 August 2023 | 26,490 | |||
| NET BOOK VALUE | ||||
| At 31 August 2023 | 45,160 | |||
| At 31 August 2022 | 34,313 | |||
| DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||
| 2023 | 2022 | |||
| Trade debtors | 126,951 | 81,230 | ||
| Prepayments and accrued income |
6,825 | 5,800 | ||
| 133,776 | 87,030 | |||
| CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||
| 2023 | 2022 | |||
| Trade creditors | 32,817 | 18,707 | ||
| Social security and other taxes | 19,683 | 16,270 | ||
| Other creditors | 59,646 | 34,786 | ||
| Accrued expenses | 4,800 | 4,200 | ||
| 116,946 | 73,963 | |||
| MOVEMENT IN FUNDS | ||||
| Net | Transfers | |||
| movement | between | At | ||
| At 1.9.22 | in funds | funds | 31.8.23 | |
| Unrestricted funds |
||||
| General fund |
76,667 | 49,478 | 299,560 | 425,705 |
| Restricted funds | ||||
| Restricted Grants | 299,560 | 61,784 | (299,560) | 61,784 |
| TOTAL FUNDS | 376,227 | 111,262 | 487,489 |
| Incoming | Resources | Movement | |||
|---|---|---|---|---|---|
| resources | expended | in funds | |||
| Unrestricted funds |
|||||
| General fund |
1,238,826 | (1,189,348) | 49,478 | ||
| Restricted funds | |||||
| Restricted Grants | 221,750 | (159,966) | 61,784 | ||
| TOTAL FUNDS | 1,460,576 | (1,349,314) | 111,262 | ||
| Comparatives for movement |
in funds | ||||
| Net | |||||
| movement | At | ||||
| At 1.9.21 | in funds | 31.8.22 | |||
| Unrestricted funds |
|||||
| General fund |
101,859 | (25,192) | 76,667 | ||
| Restricted funds | |||||
| Restricted Grants |
132,278 | 167,282 | 299,560 | ||
| TOTAL FUNDS | 234,137 | 142,090 | 376,227 | ||
| Comparative net movement |
in | funds, included | in the above are as follows: | ||
| Incoming | Resources | Movement | |||
| resources | expended | in funds | |||
| Unrestricted funds |
|||||
| General fund |
1,002,415 | (1,027,607) | (25,192) | ||
| Restricted funds | |||||
| Restricted Grants |
167,282 | 167,282 | |||
| TOTAL FUNDS | 1,169,697 | ~1,027,607) | 142,090 |
| Net | Transfers | |||
|---|---|---|---|---|
| movement | between | At | ||
| At 1.9.21 | in funds | funds | 31.8.23 | |
| Unrestricted funds |
||||
| General fund |
101,859 | 24,286 | 299,560 | 425,705 |
| Restricted funds | ||||
| Restricted Grants |
132,278 | 229,066 | (299,560) | 61,784 |
| TOTAL FUNDS | 234,137 | 253,352 | 487,489 |
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| Unrestricted funds |
|||
| General fund |
2,241,241 | (2,216,955) | 24,286 |
| Restricted funds | |||
| Restricted Grants | 389,032 | (159,966) | 229,066 |
| TOTAL FUNDS | 2,630,273 | ~2,376,921) | 253,352 |
| FOR THE YEAR ENDED | 31AUGUST 2023 | ||
|---|---|---|---|
| 2023 | 2022 | ||
| INCOME AND ENDOWMENTS | |||
| Donations and legacies |
|||
| Donations | 85,797 | 83,203 | |
| Grants | 229,450 | 185,747 | |
| Course fees &subscriptions | 1,040,796 | 789,091 | |
| Matchday donations &raffles |
95,150 | 96,448 | |
| 1,451,193 | 1,154,489 | ||
| Other income | |||
| Other income | 9,383 | 15,208 | |
| Total incoming resources |
1,460,576 | 1,169,697 | |
| EXPENDITURE | |||
| Charitable activities |
|||
| Wages | 900,952 | 679,324 | |
| Social security | 75,385 | 55,832 | |
| Pensions | 15,326 | 10,847 | |
| Sundries | 722 | 5,957 | |
| Consumable stores &equipment |
19,403 | 9„351 | |
| Holiday programmes costs |
720 | ||
| School hours programmes | costs | 2,487 | 648 |
| Social inclusion, Engage, Hitz |
48,532 | 65,432 | |
| Sponsor costs | 29,684 | 29,518 | |
| Ad hoc items | 240 | 930 | |
| HLF programme costs |
89 | ||
| Building maintenance Team building expenses Room hire |
2,426 5,332 81,201 |
1,954 3,163 49,355 |
|
| 1,181,690 | 913,120 | ||
| Other | |||
| Stafftraining &recruitment Motor expenses Travel, mileage &subsistence Staffclothing &accessories Motor vehicles |
11,665 13,713 67,852 7,131 15,053 |
14,221 6,427 28,010 19,592 11,437 |
|
| 115,414 | 79,687 | ||
| Support costs | |||
| Management | |||
| Telephone &internet Printing, postage &stationery Professional services |
5,735 3,307 17 909 |
3,050 4,000 6,536 |
|
| 26,551 | 13,586 |
| 2023 | 2022 | |||
|---|---|---|---|---|
| Management | ||||
| Finance | ||||
| Bank charges | 3,432 | 1,220 | ||
| Information | technology | |||
| Computer maintenance, |
servicing &supplies | 17,427 | 15,794 | |
| Governance | costs | |||
| Auditors' remuneration |
4,800 | 4,200 | ||
| Total resources | expended | 1,349,314 | 1,027,607 | |
| Net income | 111,262 | 142,090 |