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|||||Page|
|---|---|---|---|---|
|Reference and administrative||details ofthe Charity,|its Trustees and advisers||
|Trustees'
report||||2-6|
|Trustees'
responsibilities
statement|||||
|Independent
auditors'|report|on the financial statements||8-11|
|Statement offinancial|activities|||12|
|Balance sheet||||13|
|Statement ofcash flows|||||
|Notes to the financial|statements|||15-29|
||Reference|and administrative
details ofthe Charity, its Trustees and advisers|and administrative
details ofthe Charity, its Trustees and advisers|and administrative
details ofthe Charity, its Trustees and advisers|and administrative
details ofthe Charity, its Trustees and advisers|
|---|---|---|---|---|---|
|||Forthe Year Ended 30June 2022||||
|Trustees||C Cowen, Chair (appointed|||15October 2021)|
|||N Jenkins||||
|||M Von Herkomer
BA||MSC||
|||D Austin||||
|||I Smithson
(resigned|2 July||2021)|
|||N Smith (resigned 2 July 2021)||||
|||J Leaver (resigned 2 July 2021)||||
|||DAlberts (resigned|2|July 2021)||
|||M Wigram
(resigned|2 July||2021)|
|||SBunis (appointed|21 February 2022)|||
|||TJothilingam
(appointed
1|||March 2022)|
|||SBennett (appointed||21 February 2022)||
|Charity registered||||||
|number||1178842||||
|Principal office||Bloomsbury
Football||||
|||19Chalton Street||||
|||London||||
|||NW1 1JD||||
|Chief executive officer||Charlie Hyman||||
|Independent|auditors|Xeinadin
Audit Limited||||
|||Chartered
Accountants||||
|||Statutory Auditors||||
|||12Conqueror
Court||||
|||Sitting bourne||||
|||Kent||||
|||ME10 5BH||||
|Bankers||Barclays Bank||||
|||15-17Tottenham
Court Road||||
|||Fitzrovia||||
|||London||||
|||W1T 1BH||||
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||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
||||funds|funds|funds|funds|
|||Note|2022|2022
f.|2022f|2021|
|Income from:|||||||
|Donations
and legacies|||398,853|369,939|768,792|226,558|
|Charitable
activities|||565,905|40,000|605,905|394,459|
|Other trading
activities|||7,964||7,964|3,767|
|Total income|||972,722|409,939|1,382,661|624,784|
|Expenditure
on:|||||||
|Raising funds|||72,500||72,500||
|Charitable
activities|||855,884|367,354|1,223,238|587,014|
|Total expenditure|||928,384|367,354|1,295,738|587,014|
|Net movement
in funds|||44,338|42,585|86,923|37,770|
|Reconciliation
offunds:|||||||
|Total funds brought|forward||98,250||98,250|60,480|
|Net movement
in funds|||44,338|42,585|86,923|37,770|
|Total funds carried forward|||142,588|42,585|185,173|98,250|
##
|||||2022||2021|
|---|---|---|---|---|---|---|
|||Note||f.|||
|Fixed assets|||||||
|Tangible assets||||2,940||9,265|
|||||2,940||9,265|
|Current assets|||||||
|Stocks||13|||3,732||
|Debtors||14|79,981||35,305||
|Cash at bank and in hand|||267,303||126,220||
||||347,284||165,257||
|Creditors: amounts|falling due within one||||||
|year||15|(132,551)||(33,772)||
|Net current assets||||214,733||131,485|
|Total assets less current liabilities||||217,673||140,750|
|Creditors: amounts|falling due after more||||||
|than one year||||(32,500)||(42,500)|
|Total net assets||||185,173||98,250|
|Charity funds|||||||
|Restricted funds||17||42,585|||
|Unrestricted
funds||17||142,588||98,250|
|Total funds||||185,173||98,250|
##
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|||F|or|the Year Ended 30June 2022|||
|---|---|---|---|---|---|---|
||||||2022|2021|
|Cash flows from operating||activities|||||
|Net cash used
in operating|activities||||151,139|37,807|
|Cash flows from investing||activities|||||
|Purchase oftangible
fixed assets|||||(2,556)|(1,777)|
|Net cash used in investing||activities|||(2,556)|(1,777)|
|Cash flows from financing||activities|||||
|Cash inflows from new borrowing||||||50,000|
|Repayments
of borrowing|||||(7,500)||
|Net cash (used in)/provided||by financing||activities|(7,500)|50,000|
|Change
in cash and cash||equivalents|in|the year|141,083|86,030|
|Cash and cash equivalents||at the beginning||ofthe year|126,220|40,190|
|Cash and cash equivalents||at the end of||the year|267,303|126,220|
|The notes on pages 15to 29 form part ofthese financial statements|||||||
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|||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|
|||funds|funds|funds|funds|
|||2022|2022|2022|2021|
|||E|E|||
|Donations||282,160||282,160|44,547|
|Grants||101,669|369,939|471,608|89,482|
|Government
grants||15,024||15,024|92,529|
|||398,853|369,939|768,792|226,558|
|Total 2021||211,558|15,000|226,558||
|Income from charitable|activities|||||
||||||As restated|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|funds|funds|
|||2022
f|2022
f|2022
f.|2021|
|Sponsorship|||40,000|40,000|40,350|
|Fees and payments||565,905||565,905|354,109|
|||565,905|40,000|605,905|394,459|
|Total 2021as restated||376,459|18,000|394,459||
##
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||||Unrestricted|Total|Total|
|---|---|---|---|---|---|
||||funds|funds|funds|
||||2022|2022|2021|
|||||E||
|Other|trading|income|7,964|7,964|3,767|
|Total|2021||3,767|3,767||
|||Unrestricted|Total|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||2022|2022f|2021|
|Staff|costs|72,500|72,500||
||Unrestricted|Restricted|||
|---|---|---|---|---|
||funds|funds|Total|Total|
||2022|2022|2022|2021|
||||E||
|Football operations|855,884|367,354|1,223,238|587,014|
|Total 2021|554,014|33,000|587,014||
##
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||Activities||||
|---|---|---|---|---|
||undertaken|Support|Total|Total|
||directly|costs|funds|funds|
||2022|2022|2022|2021|
|||E|E||
|Football programmes|962,631|260,607|1,223,238|587,014|
|Total 2021|426,950|160,064|587,014||
|Analysis ofdirect costs|||||
||||Total|Total|
|||Activities|funds|funds|
|||2022|2022|2021|
|||K|f.||
|Staff costs||347,319|347,319|134,566|
|Sports kit||71,448|71,448|44,308|
|Coaches and referees||195,962|195,962|80,904|
|Leagues and tournaments||38,899|38,899|24,705|
|Facilities and venues||286,868|286,868|92,903|
|Travel Expenses||22,135|22,135|27,403|
|Software||||22,161|
|||962,631|962,631|426,950|
|Total 2021||426,950|426,950||
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||||||Total|Total|
|---|---|---|---|---|---|---|
||||Activities||funds|funds|
|||||2022f|2022
E|2021|
|Staff costs||||95,225|95,225|98,672|
|Depreciation||||1,100|1,100|2,887|
|Accountancy|and legal fees|||11,111|11111|3,433|
|Insurance||||10,072|10,072|2,420|
|Software||||33,632|33,632|5,540|
|Sundries||||19,313|19,313|8,031|
|Telephone||||9,505|9,505|3,322|
|Travel expenses||||990|990||
|Marketing||||23,063|23,063|25,955|
|Rent||||35,191|35,191|4,984|
|Bank charges||||5,824|5,824|1,520|
|Loss on disposal offixed||assets||7,781|7,781||
|Governance|costs|||7,800|7,800|3,300|
|||||260,607|260,607|160,064|
|Total 2021||||160,064|160,064||
|Auditors'
remuneration|||||||
||||||2022|2021|
|Fees payable
accounts|to Xeinadin|Audit Limited for the audit ofthe|Charity's|annual|5,700||
|Fees payable|to Xeinadin|Audit Limited and its associates|in respect of:||||
|All non-audit|services not|included above|||2,100|3,300|
##
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|Staffcosts||Fo|rthe Year Ended 30June 2022|||
|---|---|---|---|---|---|
|||||2022f|2021|
|Wages and|salaries|||467,980|216,384|
|Social security costs||||37,666|13,141|
|Contribution|to defined|contribution|pension schemes|9,398|3,713|
|||||515,044|233,238|
||2022|2021|
|---|---|---|
||No.|No.|
|Employees|19|20|
##
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##
||||Computer|Plant and||
|---|---|---|---|---|---|
||||equipment|machinery|Total|
||||f.|f.||
||Cost or valuation|||||
||At1 July2021||1,777|18,444|20,221|
||Additions||2,556||2,558|
||Disposals|||(18,444)|(18,444)|
||At 30June 2022||4,333||4,333|
||Depreciation|||||
||At1 July2021||293|10,663|10,956|
||Charge for the year||1,100||1,100|
||On disposals|||(10,883)|(10,663)|
||At 30June 2022||1,393||1,393|
||Net book value|||||
||At 30June 2022||2,940||2,940|
||At30June 2021||1,484|7,781|9,265|
|13.|Stocks|||||
|||||2022|2021|
||Stocks||||3,732|
|14.|Debtors|||||
|||||2022f|2021|
||Due within one year|||||
||Trade debtors|||64,386|18,495|
||Other debtors|||2,750|2,868|
||Prepayments|and accrued income||12,845|13,942|
|||||79,981|35,305|
##
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##
|||||2022|2021|
|---|---|---|---|---|---|
|||||F||
|Bank loans||||10,000|7,500|
|Trade creditors||||52,449|21,959|
|Other taxation and|social security|||11,704||
|Other creditors||||27,958|1,013|
|Accruals and deferred||income||30,440|3,300|
|||||132,551|33,772|
|||||2022f|2021|
|Deferred income at 1 July 2021||||||
|Resources deferred|during the year|||19,133||
|Amounts
released from previous|||periods|||
|||||19,133||
##
##
|Creditors: Amounts
falling due after|more than one year|||
|---|---|---|---|
|||2022|2021|
|Bank loans||32,500|42,500|
|Included
within the above are amounts|falling due as follows:|||
|||2022|2021|
|Between one and two years||||
|Bank loans||10,000|10,000|
|Between two and five years||||
|Bank loans||22,500|30,000|
|Over five years||||
|Bank loans|||2,500|
##
##
|Statement offun|ds - current year|||||
|---|---|---|---|---|---|
||||||Balance at|
|||Balance at 1|||30June|
|||July 2021|Income|Expenditure|2022|
|||E|E|||
|Unrestricted
funds||||||
|General Funds||98,250|972,722|(928,384)|142,588|
|Restricted funds||||||
|Sponsorship
Income|||40,000|(40,000)||
|Blind Football|||5,000|(5,000)||
|Bursaries|||9,620||9,620|
|Coach/Workforce|Development||5,800|(5,800)||
|Engagement
& Hard to Reach|||45,833|(24,542)|21,291|
|Foundation
Sessions|||3,000|(1,000)|2,000|
|Girls Super League|||60,000|(80,000)||
|Good for Girls|||6,100|(6,100)||
|Holiday Camps|||225,253|(215,579)|9,874|
|Open Sessions for Girls|||4,333|(4,333)||
|Women's
Futsal|||5,000|(5,000)||
||||409,939|(367,354)|42,585|
|Total offunds||98,250|1,382,661|(1,295,738)|185,173|
##
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##
|Fo
Statement offunds (continued)
Statement offunds - prior year|rthe Year Ended 30June 2|022|||
|---|---|---|---|---|
|||||Balance at|
||Balance at|||30June|
||1Ju/y 2020|Income|Expenditure|2021|
|Unrestricted
funds|||||
|General Funds|60,480|591,784|(554,014)|98,250|
|Restricted funds|||||
|Girls' Academy||18,000|(18,000)||
|Garfield Weston||15,000|(15,000)||
|||33,000|(33,000)||
|Total offunds|60,480|624,784|(587,014)|98,250|
##
##
|Summary
offunds - current y|ear||||
|---|---|---|---|---|
|||||Balance at|
||Balance at 1|||30June|
||July 2021|Income|Expenditure|2022|
||E||||
|General funds|98,250|972,722|(928,384)|142,588|
|Restricted funds||409,939|(367,354)|42,585|
||98,250|1,382,661|(1,295,738)|185,173|
##
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##
##
|Summary offunds - prior year|||||
|---|---|---|---|---|
|||||Balance at|
||Balance at|||30June|
||1July 2020|Income|Expenditure|2021|
|General funds|60,480|591,784|(554,014)|98,250|
|Restricted funds||33,000|(33,000)||
||60,480|624,784|(587,014)|98,250|
##
##
|Analysis|ofn|et assets between funds - current|year|||
|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|
||||funds|funds|funds|
||||2022|2022|2022|
|Tangible|fixed|assets|2,940||2,940|
|Current|assets||304,699|42,585|347,284|
|Creditors|due|within one year|(132,551)||(132,551)|
|Creditors|due|in more than one year|(32,500)||(32,500)|
|Total|||142,588|42,585|185,173|
##
##
|Analysis|ofn|et assets between funds - prior year|||
|---|---|---|---|---|
||||Unrestricted|Total|
||||funds|funds|
||||2021|2021|
|Tangible|fixed|assets|9,265|9,265|
|Current|assets||165,257|165,257|
|Creditors|due|within one year|(33,772)|(33,772)|
|Creditors|due|in more than one year|(42,500)|(42,500)|
|Total|||98,250|9S,250|
##
##
|20.|Reconciliation
ofn|et movement|in fund|s to net cash flow fro|m operating|activities||
|---|---|---|---|---|---|---|---|
|||||||2022|2021|
||Net income for the year (as per Statement|||of Financial Activities)||86,923|37,770|
||Adjustments
for:|||||||
||Depreciation
charges|||||1,100|2,887|
||Decrease/(increase)|in stocks||||3732|(2,232)|
||Increase
in debtors|||||(44,676)|(20,103)|
||Increase
in creditors|||||96,279|19,485|
||Loss on disposal of|fixed assets||||7,781||
||Net cash provided|by operating|activities|||151,139|37,807|
|21.|Analysis ofcash and cash equivalents|||||||
|||||||2022f|2021|
||Cash in hand|||||267,303|126,220|
||Total cash and cash equivalents|||||267,303|126,220|
|22.|Analysis ofchanges
in net debt|||||||
||||||At1 July||At 30June|
||||||2021|Cash flows|2022|
||||||F|||
||Cash at bank and in|hand|||126,220|141,083|267,303|
||Debt due within
1 year||||(7,500)|(2,500)|(10,000)|
||Debt due after 1 year||||(42,500)|10,000|(32,500)|
||||||76,220|148,583|224,803|
##
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||||2022|2021|
|---|---|---|---|---|
||||f.||
|Not later than||1 year|39,000|33,750|
|Later than|1 year and not later than 5years||36,000|75,000|
||||75,000|108,750|
||||2022|2021|
|---|---|---|---|---|
||||E||
|Operating|lease|rentals|33,750|8,250|
||||33,750|8,250|
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