##
||||Page||
|---|---|---|---|---|
|Reference and Administrative
Details|||||
|Trustees'
Report||2|to|10|
|Statement ofTrustees'|Responsibilities||||
|Report ofthe Independent
Auditors||12|to|13|
|Statement of Financial|Activities||14||
|Balance Sheet|||15||
|Cash Flow Statement|||16||
|Notes tothe Cash Flow Statement|||17||
|Notes tothe Financial|Statements|18 to||25|
|Detailed Statement of|Financial Activities|26|to|27|
##
|TRUSTEES|K|Longworth
(Chair ofTrustees)|Longworth
(Chair ofTrustees)|Longworth
(Chair ofTrustees)||||
|---|---|---|---|---|---|---|---|
||A|Pearce Higgins
(Chair||of FRRAG Committee)||||
||Y|Rees (Vice Chair-Strategy)||||||
||V|Messenger
(Senior|Independent||Director) (Appointed||15.09.22)|
||M|Gallagher
(Resigned||09.02.23)||||
||D|Woodham||||||
||Y|Magara (Resigned|14.09.23)|||||
||T|Hamp||||||
||L|james (Vice Chair-|People) (Appointed|||07.04.22)||
||S|Magill (Appointed|15.09.22)|||||
||C|Davies (Appointed|15.09.22)|||||
||A|Webb (Resigned 11.05.22)||||||
||J|Leaman (Resigned|11.05.22)|||||
||D|Smith (Resigned 23.06.22)||||||
||R|Venables
(Resigned 23.06.22)||||||
|REGISTERED OFFICE||Marlborough
House||||||
|||69 High Street||||||
|||Kidlington||||||
|||Oxfordshire||||||
|||OX5 2DN||||||
|REGISTERED COMPANY NUMBER||CE014539 (England||and Wales)||||
|REGISTERED CHARITY NUMBER||1179040.||||||
|INDEPENDENT AUDITORS||Richardson
Jones||||||
|||Chartered
Accountants'||||||
|||Registered
Auditors||||||
|||Mercury
House||||||
|||19-21Chapel Street||||||
|||Marlow||||||
|||Buckinghamshire||||||
|||SL7 3HN||||||
|BANKERS||CAF Bank Limited||||||
|||25 Kings
Hill Avenue||||||
|||Kings
Hill||||||
|||West Mailing||||||
|||Kent||||||
|||ME19 4JQ||||||
|CHIEF EXECUTIVE OFFICER||J Lenthall||||||
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||||||31.3.23|31.3.22|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
|||Notes|funds
E|funds
E|fundsf|funds
E|
|INCOME AND ENDOWMENTS|FROM||||||
|Donations
and legacies||||58,194|58,194|18,629|
|Charitable
activities|||||||
|Sport England||||773,689|773,689|714,651|
|Public Body||||327,716|327,716|353,582|
|Non-Public
Body||||12,999|12,999||
|Other Charitable
activities|||74,676|1,000|75,676|44,387|
|Other trading
activities|||13,068||13,068|11,534|
|Investment
incoine|||1 522||1 522|110|
|Total|||89 266|1 173598|1 262 864|1 142 893|
|EXPENDITURE ON|||||||
|Charitable
activities|||||||
|Sport England||||748,314|748,314|747,623|
|Public Body||||365,071|365,071|361,507|
|Non-Public
Body||||12,999|12,999||
|Other charitable
activities|||60 750||60 750|88 616|
|Total|||60 750|1 126384|1 187 134|1 197746|
|NET INCOME/(EXPENDITURE)|||28,516|47,214|75,730|(54,853)|
|RECONCILIATION
OF FUNDS|||||||
|Total funds
brought
forward|||157,575|134,287|291,862|346,715|
|TOTAL FUNDS CARRIED FORWARD|||186091|181501|367 592|291 862|
|||||||3XB23|31am|
|---|---|---|---|---|---|---|---|
|||||Unrestricted'|Restricted|Totai|Total|
|||||fundsf|funds|funds|fundsf|
|||||||71,499||
|||||||317607||
|CREDITORS||||||||
|Amounts|failing due wAhin one year||13|(10'24)|(10+90)|(26,914)|(22,S91)|
|||||186082|181301|~367 82|~282
2|
|TOTALASSETSLESSCLIRIKNT LIABILITIES||||18670M|1817501|367,592|291,862|
|SVSOS||||||||
|Unrestricted||funds||||186,091|157,575|
|Restricted|funds|||||181301|136287|
##
|||||CASH FLOW STATEMENT|||
|---|---|---|---|---|---|---|
|||FOR|THE|YEAR ENDED 31STMARCH|2023||
||||||31.3.23|31.3.22|
||||Notes||||
|Cash flows from operating|activities||||||
|Cash generated
from operations||||1|19548|~79 189)|
|Net cash provided
by/(used|in)|operating|activities||19 548|~79 189)|
|Cash flows from investing|activities||||||
|Interest
received|||||1 522|110|
|Net cash provided
by investing||activities|||1 522|110|
|Change
in cash and cash|equivalents||in||||
|the reporting
period|||||21,070|(79,079)|
|Cash and cash equivalents||at the|||||
|beginning
ofthe reporting||period|||295 937|375 016|
|Cash and cash equivalents||at the end of|||||
|the reporting
period|||||317087|295937|
##
##
##
|RECONCILIATION
ACTIVITIES|OF NET|INCOME/(EXPEND|ITURE)
TO NET CASH F|LOW FROM OPERA|TING|
|---|---|---|---|---|---|
|||||31.3.23|31.3.22|
||||||E|
|Net income/(expenditure)||for the reporting|period (as per the|||
|Statement of Financial Activities)||||75,730|(54,853)|
|Adjustments
for:||||||
|Interest
received||||(1,522)|(110)|
|Increase
in debtors
Decrease
in creditors||||(52,983)
~1677|(1,027)
~23 199|
|Net cash provided|by/(used|in) operations||19598|~79 189)|
##
##
|ANALYSIS OF CHANGES IN NET FU|NDS|||
|---|---|---|---|
||At 1.4.22|Cash flow|At 31.3.23|
||||E|
|Net cash||||
|Cash at bank|295937|21 070|317007|
||295 937|21 070|317007|
|Total|295 937|21 070|317007|
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|DONATIONS
AND LEGACIES|||
|---|---|---|
||31.3.23|31.3.22|
||E||
|Donations|~58 194|~18629|
|OTHER TRADING ACTIVITIES|||
||31.3.23|31.3.22|
||E|E|
|Rent received|~13 068|~11534|
##
##
##
|INVESTMENT. I|NCOME||||
|---|---|---|---|---|
||||31.3.23|31.3.22|
|Deposit account|interest||~1522|110|
|INCOME FROM|CHARITABLE|ACTIVITIES|||
||||31.3.23|31.3.22|
|Sport England||Grants received|773,689|714,651|
|Public Body||Grants received|325,216|353,582|
|Public Body||Recharges for courses|2,500||
|Non-Public
Body||Grants received|12,999||
|Other charitable|activities|Levies and awards|4,000|3,000|
|Other charitable|activities|Recharges for staff seconded|71 676|41 387|
||||1 19D080|1 112620|
##
##
|||||Support||
|---|---|---|---|---|---|
||||Direct|costs (see||
||||Costs|note 7)|Totals|
||||E|E|E|
|Sport England|||217,851|530,463|748,314|
|Public Body|||265,052|100,019|365,071|
|Non-Public|Body||12,999||12,999|
|Other charitable||activities|18459|42 291|60 75D|
||||514 361|672 773|1 187 134|
##
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##
|SUPPORT C|OST|S||||||
|---|---|---|---|---|---|---|---|
|||||||Governance||
||||||Management|costs|Totals|
|||||||E|E|
|Sport England|||||504,411|26,052|530,463|
|Public Body|||||100,019||100,019|
|Other charitable
activities|||||33,587|8,704|42,291|
||||||638 017|34 756|672 773|
|Support costs, included|||in the above, are as follows:|||||
|Management||||||||
|||||||31.3.23|31.3.22|
||||||Other|||
||||Sport||charitable|Total|Total|
||||England|Public Body|activities|activities|activities|
||||E||E|E|E|
|Wages|||362,519|83,044|5,385|450,948|399,057|
|Social security|||28,482|8,869|1,988|39,339|34,740|
|Pensions|||35,301|8,106||43,407|41,923|
|Travelling|||2,680|||2,680|475|
|Insurance|||4,436|||4,436|3,997|
|Staff training|||3,319|||3,319|2,587|
|IT and communications|||13,073|||13,073|12,673|
|Postage and|stationery||234|||234|413|
|Advertising
and website||||||||
|costs|||9,851|||9,851|12,495|
|Safety and maintenance|||2,070|||2,070|2,679|
|Partner
meetings|||1,676|||1,676|495|
|Consultancy|||8,800||26,214|35,014|86,035|
|Premises costs|||27,505|||27,505|27,351|
|Benefit costs|||168|||168|1,050|
|Office equipment||and||||||
|furniture|||4,211|||4,211|3,097|
|Bank charges|||86|||86|124|
||||504411|100 019|33 587|638017|629 191|
|Governance|costs|||||||
|||||||31.3.23|31.3.22|
||||||Other|||
|||||Sport|charitable|Total|Total|
|||||England|activities|activities|activities|
|||||E||E|E|
|Auditors'
remuneration||||3,480||3,480|3,570|
|Professional|fees|||21,513|8,704|30,217|17,978|
|Accountancy|and|legal|fees|756||756|540|
|Governance|and|board|meetings|303||303|95|
|||||~26 052|~8704|~34 756|~22 183|
##
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|No employees
received
emoluments
in excess off60,000 (excluding
employ|No employees
received
emoluments
in excess off60,000 (excluding
employ|No employees
received
emoluments
in excess off60,000 (excluding
employ|er
pens|ion costs).||
|---|---|---|---|---|---|
|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES||||||
|||Unrestricted||Restricted|Total|
|||funds||funds|funds|
||||E|E|E|
|INCOME AND ENDOWMENTS|FROM|||||
|Donations
and legacies||||18,629|18,629|
|Charitable
activities||||||
|Sport England||||714,651|714,651|
|Public Body||||353,582|353,582|
|Other charitable
activities||44,387|||44,387|
|Other trading
activities||11,534|||11,534|
|Investment
income|||110||110|
|Total||56|031|1 086862|1 142 893|
|EXPENDITURE ON||||||
|Charitable
activities||||||
|Sport England||||747,623|747,623|
|Public Body||||361,507|361,507|
|Other charitable
activities||88,616|||88,616|
|Total||88|616|1 109130|1 197746|
|NET INCOME/(EXPENDITURE)||(32,585)||(22,268)|(54,853)|
|RECONCILIATION
OF FUNDS||||||
|Total funds brought
forward||190,160||156,555|346,715|
|TOTAL FUNDS CARRIED FORWARD||157|575|134287|291 862|
##
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##
|12.|DEBTORS: A|M|OUNTS|F|ALLIN|G DUE WITHIN ONE YEAR|||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||31.3.23|31.3.22|
||||||||||E|E|
||Trade debtors||||||||64,200|11,580|
||Prepayments||||||||~7299|~6936|
||||||||||~71 499|~18516|
|13.|CREDITORS:|AMOUNTS|||FALLING DUE WITHIN ONE YEAR||||||
||||||||||31.3.23|31.3.22|
||||||||||E||
||Trade creditors||||||||4,280|5,386|
||Deferred
income|||||||||2,688|
||Accrued expenses||||||||~16 634|~14517|
|14.|MOVEMENT IN||FUNDS||||||||
||||||||||Net||
||||||||||movement||
||||||||At 1.4.22||in funds|At 31.3.23|
||||||||||E||
||Unrestricted|funds|||||||||
||General
fund||||||157,575||28,516|186,091|
||Restricted funds||||||||||
||Public Body||||||87,539||20,839|108,378|
||Sport England||||||46,748||25,375|72,123|
||Other restricted||funds||||||1 000|1 000|
||||||||134 287||47 214|181501|
||TOTAL FUNDS||||||291 862||75 730|367 592|
||Net movement|in funds,||induded||in the above are as follows:|||||
||||||||Incoming||Resources|Movement|
||||||||resources||expended|in funds|
|||||||||||E|
||Unrestricted|funds|||||||||
||General fund||||||89,266||(60,750)|28,516|
||Restricted funds||||||||||
||Public Body||||||385,910||(365,071)|20,839|
||Sport England||||||773,689||(748,314)|25,375|
||Non-Public
Body||||||12,999||(12,999)||
||Other restricted||funds||||1,000|||1,000|
||||||||1 173598|.|~l 126 384|47 214|
||TOTAL FUNDS||||||1 262 864||~1 187 134)|75 730|
##
##
##
|Comparatives|for movement
in funds||||
|---|---|---|---|---|
||||Net||
||||movement||
|||At 1.4.21|in funds|At 31.3.22|
||||E|f|
|Unrestricted|funds||||
|General
fund||190,160|(327585)|157,575|
|Restricted funds|||||
|Public Body||76,835|10,704|87,539|
|Sport England||79 720|~32 972)|46 748|
|||156555|~22 268|134287|
|TOTAL FUNDS||346 715|~54 853)|291 862|
|||Incoming|Resources|Movement|
|---|---|---|---|---|
|||resources|expended|in funds|
|||E|||
|Unrestricted|funds||||
|General
fund||56,031|(88,616)|(32,585)|
|Restricted funds|||||
|Public Body
Sport England||372,211
714 651|(361,507)
~747 623)|10,704
~32 972)|
|||1 D86 862|~1 1D9 130|~22 268|
|TOTAL FUNDS||1 142 893|~1197746)|~54 853)|
||||Net||
|---|---|---|---|---|
||||movement||
|||At 1.4.21|in funds|At 31.3.23|
||||E|E|
|Unrestricted|funds||||
|General
fund||190,160|(4,069)|186,091|
|Restricted funds|||||
|Public Body||76,835|31,543|108,378|
|Sport England||79,720|(7,597)|72,123|
|Other restricted|funds||1 000|1000|
|||156555|24 946|181501|
|TOTAL FUNDS||346 715|20 877|367 592|
##
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||||DETAILED STATEMENT OF FINANCIAL ACTIVITIES|||
|---|---|---|---|---|---|
||||FOR THE YEAR ENDED 31STMARCH 2023|||
|||||31.3.23|31.3.22|
|||||E||
|INCOME AND ENDOWMENTS||||||
|Donations
and legacies||||||
|Donations||||58,194|18,629|
|Other trading activities||||||
|Rent received||||13,068|11,534|
|Investment
income||||||
|Deposit account interest||||1,522|110|
|Charitable
activities||||||
|Charitable
activities||||1,115,904|1,071,233|
|Recharges for staff||seconded||71,676|41,387|
|Recharges fbr courses||||2 500||
|||||1 190000|1 112620|
|Total incoming|resources|||1,262,864|1,142,893|
|EXPENDITURE||||||
|Charitable
activities||||||
|Project delivery||||514,361|542,772|
|Conference costs|||||1,650|
|Activity leaders|||||1950|
|||||514,361|546,372|
|Support costs||||||
|Management||||||
|Wages||||450,948|399,057|
|Social security||||39,339|34,740|
|Pensions||||43,407|41,923|
|Travelling||||2,680|475|
|Insurance||||4,436|3,997|
|Staff training||||3,319|2,587|
|ITand communications||||13,073|12,673|
|Postage and stationery||||234|413|
|Advertising
and|website costs|||9,851|12,495|
|Safety and maintenance||||2,070|2;679|
|Partner
meetings||||1,676|495|
|Consultancy||||35,014|86,035|
|Premises costs||||27,505|27,351|
|Benefit costs||||168|1,050|
|Office equipment||and furniture||4,211|3,097|
|Bank charges||||86|124|
|||||638,017|629,191|
##
##
|||31.3.23|31.3.22|
|---|---|---|---|
||||E|
|Governance|costs|||
|Auditors'
remuneration||3,480|3,570|
|Professional|fees|30,217|17,978|
|Accountancy|and legal fees|756|540|
|Governance|and board meetings|303|95|
|||34756|22 183|
|Total resources expended||1 187 134|1 197746|
|Net income/(expenditure)||75 738|~54 853)|