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|||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|
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|||||||||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|
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||||||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|
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|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|
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||||||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|
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|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|
##
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|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|
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||||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|
##
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||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|