DocuSvJn Envelope ID.. 415S418F-638C4D56C4-S7BF6EOC8l75 Chartty r•glthtlon numbgr 117938S THE RUNNING BEE FOUNDATION ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022
DocuSvJn Envelope ID.. 415S418F-638C4D56C4-S7BF6EOC8l75 THE RUNNING BEE FOUNDATION LEGALAND ADMINISTRATIVE INFORMATION Tru•te•i C Blrd C Tr¥son E Marsh (Appnted 4 February 20221 (Appointed 4 Febwary 2022 J Cc41ins Ch#vlty numb•r 1179385 Indep•DnI ox4mln•r Mark Tum8r FCA I Wor8ky Court High Str8•1 riley Mon¢hèstar M28 3NJ
DocuSvJn Envelope ID.. 415S418F-638C4D56C4-S7BF6EOC8l75 THE RUNNING BEE FOUNDATION CONTENTS Pag• Truslee3' report Ind¢pond•nt examln8rf8 report Statement of financial ath'vitio¥ 88lance sh••1 Noteg to the fjnandal 8lalemont$ 8-14
DocuSvJn Envelope ID.. 415S418F-638C4D56C4-S7BF6EOC8l75 THE RUNNING BEE FOUNDATION TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2022 The truste pros¢nt Ih•Sr annual r•port and financAal stalom8nts for th8 yew ended 31 Marth 2022. The financial 5tatem8rits ha been ppared in aco)rdance wrth kne acciMJnts"ng policAe3 jel out in note 1 to th• flnanual statement$ and ¢ompty with the found*"on's 90MIng document, th8 Charllie3 Act 2011 an 'AccounUng and Reportin9 by Charftle$'. Staitment of Recommonded Practiee applicabl8 lo charities preparing thèir accounts in accordonce with the Finan¢i41 Reporkn"ng Standard applkaLqa in th8 UK and Republic of Irel8nd IFRS 1021. las amended for accounting pgri¢xl$ ¢omm¢ntsng from 1 J•nuary 20161 Oblo¢tlv•• and •ctfvMe• The Running Bee fgundatlon was loundad and is supported by tour oparator. Sports Tour3 Internation81 Lirnit4d. The object8 of The Runnino W Foundats"on arè lor tha b8n•fit, to promoie and protect good ho9th, prtmarily but not exdusively amongst young pooplè. In parUeiAar but not •xdu8fv8ty In the North W8¥1, by provlding.. The organisation and promotlon of health a wellbeing in?11¥88 and •vent$ Gmnts to charilos and OrganIsaOn8 who athrKe iuch purpose Inf¢rmall¢n l$¥ued to lh• InJs18es' regarding public benefil has be8n issued and 18 in lino wlth tho govgmmonl ch&rity comml$sion guid8lin88. The Iru¥tee¥ havg pald due fqgard to guidan i88ued by the Charity Commission ID declding what actlti the founda0 8hould und$rtokg. Achl•vem?nt• und pgrfomMnc• Thi¥ yèar has been one of ¢on30lida1n, recovery and re40nn¢¢tino %Wth wr ¢ommunIu acro88 the North W9$1. UnfortunAtaly duo to Impact of the pand8mK, events ho¥e not reached thg pr• covld partlclpotkjn levg1$, m8ny peopEe havg f8K uncomfortable mixing In large number5 80 Ihe rnaiority ol pur •v¢nl8 look place In autumn 2021. Our ovent8 Includ$d thé loHMng 8ebviti•$: 1. May. The Yorkshlre 3 Peak$. 2. July- Thé Ttyjr of Tameglde. 3. S8plombar- Royal Manchester Children's Hospitl 10K 4. Saplèrnbèr- Slockport Urban 10K 5. Septernber- SPAR Clty ol Preston 10 8. October- We Love Our NHS 10K. 7. October- Hallween 101£ W8 ar8 very proud ol our achlevemen15 off the back of • diffiojtt 2 yèars. nong of our events would have tsk8n plsGe with our amazing loundatson team. our volunteery. parln¢rs and tha 8UPPOrt of Sports Tour8 Irrtem8tional and Iheir ernployeeB. Fund8 of £7.253 wer9 di¥tnbuted th8 Gr8nt OpiCaOn$ to k¢al communrty groups and gwd c8use5. Mthough significantly lower than pre cgvid12020". £321,335 total Ino)m6} our ino)me has decreased due lo redUd s8185, and costs have Increased due to ¢ounthl heamh & laty protocd8 for mass partidpauon events. Th8 Running Bee FOundatTr is now fwafd to 2022r23 in the hope ihat mas5 participatiDn events return lo good health arKI we can conts'nue to help local c(Jmmunrties brne more active, heatthy and happy.
DocuSvJn Envelope ID.. 415S418F-638C4D56C4-S7BF6EOC8l75 THE RUNNING BEE FOUNDATION TRUSTEES. REPORT {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 Fln•n¢lal r•vlow It is the pollcy ol the foundaJon that unre8ln.rxed fijnds whith havg not bggn dgsignatgd for a specffic use should b8 maIntaIn at a level ul¥alent to betsyeen three and six monlh's 9XPgnditur¢. Thè trustees consider tnal r8s8rv8s at thls level will ensLbre that. in th8 event of a 81gnifunt drop in funding, th•y wall be abla lo conts.nue the fndatIOn'S cuff8nt actfvitie8 while &)nsideralion is given ¢0 ways in which addffjonal fvna$ may ba rals8d. Thè trust8ès has assessad th• mafv)r dsks to whic the fwndation 18 expoaed, and are sabsfied that $y$tems ara In plo¢& ID mltigalo lxposuré to th• m4or rtsks. 8tructur•. qovornan¢• #nd mon¥9omont The charity Ks CL)nstllutéd as a CIO and is fulty 8LWWtod by the ¢our operor. Sports T¢)urn Inl*motional. The tr$189$ who $aN8d dudng lh• y•ar gnd up to lh8 dale of 8ignatUT8 of the finandal st8ternenls wgr•.' C Bird C Dyjon CArf Austin-8ehan OBE DL E Marsh J CoMln$ IR••lgned 13 Septemtyèr 20211 IAppolnted 4 February 20221 (Appointed 4 F•bruary 20221 Non8 orth8 Irugte88 has any b8n8ffcial interesl in the wmpany. Al ol tho truslegs aro mornbers of Ihg eornpany 8n4 lluot8nl ¢¢ ¢ontAbuto £1 in th• event ola winth'ng up. The tru81ee8' report wa8 approved by th• Board olTru8t•88. t6weA&" Chair of Trusteès Dated.. 12 January 2023
DocuSvJn Envelope ID.. 415S418F-638C4D56C4-S7BF6EOC8l75 THE RUNNING BEE FOUNDATION INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE RUNNING BEE FOUNDATION I r8POrt to the trust885 on rny 8xarnination of Ihe ffinanrial $latements of The Running Bee Foundation (the found81iDnl Yor th8 y88r end8d 31 March 21>2. Rg8pon$lblllth• and batyb ol rgport As th• Iruslees ol the loundaUon you ar8 r85POn5ible for th• pr•par8lfion ol frnaneh41 stat8m8nts in ateordancè wi¢h th& r8quirements of thè Charit18sAct 2011 {the 2011 Adl. I report In raspacl of my examlnallon of th¢ foundath"on'$ finandal $t•lemgnl$ ¢arrfgd o(rt under 8è¢lbn 145 of tho 2011 Aet. In carrying out my examination I ha followed all Ihe applicable OirfjctK•ll8 qiven by the Chartty C¢mmlulon under 8•dlon 145(5llb) of tho 2011 Act. Indop?nd?nt ?x#fflin•rf¥ statemgnt Your all•ntksn is drawn to tha fact th8t thè ch8rtty has prepared finandal statem•nts In a¢¢oré8ncè wtth ACUnIO and R6portlng by Charities prèparlng thèlr accounts In èccordante with Ihè Finanaal Reporting Stand$rd 8ppli¢Able In th& UK and Republic ol Ireland IFRS 1021 in prel8r8nc8 to Ihe Acwunting and Rewtlng by Ch8rttie$.' $18lernent of R8commend8d Practic8 155U8d on 1 April 2005 which 18 referred io in the extsnl regulation$ but has now been Ihdrwn. l understand that this has been done In Ofder lof finanryo18tatemenls to PrOde a tnje and falr In a¢cordanc8 wilh GenerallyAccept8d Accounting Practlce effective for reports.ng pedods beglnning on or after 1 January 2015. I have completed my eKqmlnatlon. I c*Jnfirn th8t matters h8ve come to my att8ntlon In Mnnèctkjn th8 arnlnallon givlng me cau8e to beli•v8 that In any mai•rial r•spact". ac¢ounllnq COrdS wgrg not kepl In respect ol the founda1n as roqulred by CtIOn 130 of the 2011 Act., or th8 financial slalemenls do not 8ecord wrth thosè r8cofd8: or the flnanrial slatemgnts do not rnpty with the applicable requirements concerning the lomi and content ol accoun18 set oul in the Charilie8 (Accounts and Reports) Regulatloos 2(X)8 oiher than any requlrement that the account8 glve a true and lair view whith Is not a matter consldered as part ol an Indap8ndent examlnation. I have no fL)ncerns and have ck)m8 ac¥oss no other malt•r3 h conn8th.on wrth th• examln811on to whlGh AllanOn shoukJ be drawn In th16 report in ord•r to •nabl8 a prOr un¢1•r8tatKling olth8 fin&nd81 statéments to be raached. Mark Tum•r FCA 1 Worslèy Court Hh Street VVor8ley Maneh8st8r M28 3NJ Dated.. 12 JanLsary 2023
DocuSvJn Envelope ID.. 415S418F-638C4D56C4-S7BF6EOC8l75 THE RUNNING BEE FOUNDATION STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2022 UnreBtrict¢d Unr•stA¢tsd funds 2022 2021 Nots• neom• from: Donalioii8 and lega¢vd8 othor tradlng Acty"thti08 Inv051m•nts 88,7ce 103,581 101,629 13,252 Tot&1 Incom 190,289 114.887 8ndlture Rai8ing fundb 57,129 2.901 Charltsblg Idltl•S 151.073 1Cé,478 Total •xpgnd1r 208,202 109,379 N•t l•xp•ndltur•lllncomg for tho y•4rf Not mov•mgnt In fund 117,913) 5,508 Fund balances 41 l Aprtl 2021 45.332 39,824 Fund balance• •131 M•rGh 2Q22 27,419 4S,332 Thè Ètatèmènl of fingndal athitie6 indude8 al gains and lo&Ne8 rOgnIs¢d in th¢ y¢af. All Income and expenditur8 derSv6 from continng acbth.
DocuSvJn Envelope ID.. 415S418F-638C4D56C4-S7BF6EOC8l75 THE RUNNING BEE FOUNDATION BALANCE SHEET AS AT 31 MARCH 2022 2022 2021 Flx•d Intangible a8¥ets Tanglble a55•ts 11 12 25 325 325 Curfont a•i•ts Stock8 Debtor¥ Cash at bank and In hand 13 14 37.3 51,948 25.657 37,121 15,114 77.833 114,995 129,868 Cl1101¥. •mDunts f•lllng du• vAthln ono y••r 16 187,985 184,8811 N81 curranl as88t8 27,010 45,007 Totsl u••ts I8 currnnt Ilabllltlo• 27,419 45,332 Incom• fund• Unr8slrict•d funds 27,419 45.332 27,419 45,332 flnanc statemonls approyed by ihe Tru$i¢¢i on 12 JYory 2023
DocuSvJn Envelope ID.. 415S418F-638C4D56C4-S7BF6EOC8l75 THE RUNNING BEE FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 A¢countSnu poll¢b•s Charlty Informatlon The Running Bee Foundation is a Chantab incorporatsd orgon13ation. 1.1 Accounltnq ¢onventlon The financial 5ta18ments have been preparod in accordance with the foundatiorb's Igovamlng docum8nti, the Charities Acl 2011, FRS 1Q2 'The Finanaal Reportir¢g Slandard appliCae in thè UK and Rgpublic of Irolan rFRS 1021 and the Chariues SORP "AcLounknng and Rèporting by Charll&•$.' Stalgmont of R8commend8d Practic8 apICable to charitlos preparing thair acc)unts In aceordan¢o wlh th• Finanual Reporting Stand8rd applicable in the UK and Rapublk ol Ir•land IFRS 1021. 1•ff¢d 1 January 20191. The foundation is a Public Benefrt Enb'ty a8 deflned by FRS 102. The foundation hal lak•n advantag¢ of tho pw)ni in Iht SORP for thwth"•s not to prepar8 o Siat&ment ol Cash Flows. Th• flnancial statements havo departed from the Charflles (Accounts and Reports) Règulalion5 2008 onty lo the 8Xt&nt r8qulred lo pro¥Ade a true and fair vw. This departure has Invofved followlng the Stalgmgnt of R8commended Practir for chariuas apptying FRS 102 rather than tho Vorsion of the st8ment of Recommended Prac¢ice whlch is rolorr•d to in Ih8 R8gul8lions but whth ha$ $irt ba wlhdrawn. The finan¢lo1 $iaiemonts ar• prepared in 8t•rfing. whlth18 th¢ lundv)nal of the foundBtlon. Mcnelary ifflounls In IheBe fiThanoal statemenls are rounded to thè n¢aro11 £. Th? financlal statemont8 hav8 b88n pr•pared undar lh• Nit¢rfl¢al ¢o$l nventiOn. Tho princlpal acxounllng p¢licles adopled ara 8et out below. 1.2 13olno Gon¢•m Al tha tlme ol ap08 the finarKial statements, the twstee$ hav& a raasonab ÈKPÈtIAtion that toundgtion ha¥ adequat8 resources lo continue In Operation exlst•neg for thg lor8888able future. Thus the Iwu3lee¥ contsnue to wlopt Ih8 going concMn b8818 of ac£ountlng In pr•parfng the financial etalernents. 1.3 Ch&ritabl• funds Unreslrict8d fund8 are aval1a0 use at lh& dlw•llon ¢f Ih trustees ITr furtherancé of tt)&lr charftable obl8cIiv8S. Rèstrictèd frjnds ore 8uWect to Bpedfi¢ fA)ndltions by donors 88 to th¢y may bg used. The puw88 and U8e$ of the restricted fvnds ar• sat oth in the not88 to tha finandal $tatomgnlJ. Endowm8nl lunds are subiecl 10 3pe¢rftc CAdn9 by donors that tha c8Prt81 must bo mainlaingd by tho foundation. 1.4 Ineom• Incorrrf18 recognised when the foundation Is logalty entrtled to aft¢r any pgrform4ncg conditions have been met. the arrKJunts can be measure<l re"8y. and it Is probable th* income 11 be e1ve. Ca8h donatKJllS 8re reniSed on TlpL Olher donatn$ ar8 reo)gnised once thè loundalion ha8 been notified of the donation. unless perfomiance condrtions fequlre d6ferTal of the amount. Income tax C0¥eMble ID rel81ion to donab'ons re¢eNed und•r Grft Aid or dèads ol covenani is reeognised al the lime of the donalDn. Legacies are reeogni¥ed on receipl or otherwise rf foundal't)n has been notified of an IMndIng dislribufion. the amount is knoym. and receiN is expethd. If the amount is not krrn, the lega¢y is Irealed as a conlingenl asset.
DocuSvJn Envelope ID.. 415S418F-638C4D56C4-S7BF6EOC8l75 THE RUNNING BEE FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 hlARCH 2022 A¢¢ountlng pollel8 IContlnu•dl 1.5 Exp•ndlturn Exp8ndilure is recogni5od once there i¥ a 18gal or $tru¢Tr ot4i9ation to tran8for econ¢ml¢ b¢ngftt to A third paty, it is probable thal a transfer ol econornic benefits will be required in setllgment. and the amount of the obligation can b8 mea5urod reliabty. Expenditure is dassffjed by actiwty. The costs of eath aclmty are med6 up of the total of dlr8Ct coyts and jhared costs, thcl¢Jding support costs involv8d in Undtrtang èach 8Ctivty. Diract costs allributablfr lo a 81ngle 4¢11vily ara alloc8t•d diraclty to that activity. Shared costs whth contributè to more than on• actl¥ity and support costs whiL ara not at1ributab lo 8 aeknvty aro apportionèd be••n thosa acts'viti8s on a ba31s onsislent with the use ol rgsourr¥. Central Jtsff rD¥ls are alkycated on Ihg b8815 of bme spent. and depatIon charg85 are 8llocateit on th8 Partion olth8 a5s8Y5 Usg. Exp•ndltuie18 aecounted lor %th8n Inryjrrod. Al costs or• dk•cty thbut8• to Jpocffic activitiei. 1.6 Ro•91h Ind d•vol¢pm•Dt •xpondltur• R8s8arch axpéndlture 18 wdtton off agalnsl proflt8 In th• yèar In whl¢h rt Is In¢uriod. Idenlfable devthpm8nt •xpendiluro 1$ e4pltsllsed to th• •xtonl that tho t•chnul. eg)mm•rrial and flnaneAal feasiblllty eAn be d8monslrat•d. 1.7 Intsnglblfr Ilx•d 4•••ts oth•r than goodw511 Inlan9ible assets acquired separa181y frorn a businèss Ar• rectsaniléd ai tO818nd 8r• subs8qu•nty m•a8ured It ¢061 le$1 a¢oJmuLAi•¢ om0.10.¢jn and 8¢arM¢d imw6m)ont loss. Inlanglble 88setB acquired on business c4)fflbinat'on8 are rewnised Separately Irorn g¢x)dwill at th acqulsltion date where it Is probable that the expected frjture e¢onomk benefils that are 8ttribut8bh to thtr a8set will flow to the entity and the fair value of the 8ssel c8n be me88ured reliabty.. the intanglble a8sel ari$g8 from cnntractual or other le9al rights.. and the intangible asset is separable from Ihe entity. Amortisall(yn 1$ r¢ctsJniséd so as lo wri¢ off Ihe ¢ost or v¥luaYon tsf 4$3gts1gss th¥lr r¢sidual valuos ovar th8lr uselul Ilves on the folli)wirfj b¥Bo$'. Davebpm8nt costs Stralght Line ovar 3 1.8 Tanglble flxed a*t• Tangible fixed ai8¢18 8r8 initially mSu al co$1 aNI $ubsoqugnity m&èsurèd ot cost or valuatlon, net of depredation and ony impgirmtrnt b)g9¢$. Deprècialicl) 18 récognised 80 as to wrilo off tha c4)g1 or valuation of gs8•ts l•ss thelr rasidual values over their useftA live5 tsn th8 fallowino ba5eg'. CompLrter6 SITawJM LTh over 3 years The gain or lo$$ arl$ing on the di$po$41 of on ¥$set 1$ de¢¢rmined 85 the drffewce beten tha sak proc8eds and the valu¥ of the aBsg1. and is re¢ogrwsed in the staternenl of finanrAal acti$. 1.9 Impalrmenl oi fixod a550ts At 9a¢h PortIng erd date. the foundahon reww8 Ihe ¢arryirvJ amounts of its tangle and intangible as¥ets to determine whether Ihefe is any indication Ihat those assets have suired an impairment loss. 11 any su indicallon exists, the ¢0¥erable amount of the asset is ests'mated in order to detemiine th8 extent ol the impairrnent loss lil any).
DocuSvJn Envelope ID.. 415S418F-638C4D56C4-S7BF6EOC8l75 THE RUNNING BEE FOUNDATION NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2022 Ac¢ountln9 p1¢1•* Icontlnugdl 1.10 Stock• Stock8 are 8taled at the lth¥er of cost and 88limated 8dling £8 l•ss costs to Com•t and 8ell. C081 ¢omprl8eJ direct materials and. where applic4bl8. direcl labour costs and th058 DV8rh8ads that have been incurred in bringing Ihe stocks to thr rrfesenl h)cab"on and eonditSDn. It¥m¥ heid f?r distn'bution at no or nominal cLJnsideration are m6asur6d the lower of repment ¢051 and rmL Net roali5ablg v8lue i¥ th8 &Stimated Belling price al e8timatod $t8 ol comp18tion and o)sls to be Inrred in marketing, selllnq and distribubon. 1.11 Cash and ¢a•h •qufvalants Cash and cash èquivalents indud• eash In hand, d•postts he at call ¥rith bank8. other short-tenn liquld Invastmènts wilh original maluriti85 ol Ihrg9 months or k5s, and bank overdrafts. Bank oveidraft5 are Shown withln borrvwlNJs in ¢urr•nl liabilihg8. 1,12 Flnanclol In8trumonts The foundation has ek8Cted to appty the prOOn• of Secllon 11 '8a&e FlnarKlal Inslrumon¢8' and S•¢tion 12 'Other FlnanaAI Instruments Ie8, ol FRS 102 to 1 of fts finawal In$frumeni8. FlnanciAI instrumènts ar8 recogni$4d In th• found8lM'$ balance sheet when the foundatH)n become& party lo thè contra¢tual pro$1¢$ of th¥ In6trumgnl. Flnancll •$8ot$ and Ilabllftles are oflsel. wllh thg nel #mounts pr8sented Sn the finand81 statements, when there 1$ a legally enfor¢eoble dghl Io sel off Ihe recognlsed amounts and there Is an Intention to sellle on a nel bo$1$ ¢r to reall$e tho •8$et Ind yewe the I11(ty muana0U5Iy. B•sl¢ Ilnancl•l as••ts Basic fin8nclal 8ss8ts, whSch indud• debtors and eash and bank baL7n&8s. are Inmally measured al Iransaclion pricé induding transalon ¢05ts and ars subsequentty caThl&d al amorU$6d cost using Ihe effectiv Inier8sI Tn8thod unle55 th8 arrangement conslitute8 a financing iiansaction. wh8r& tho transaction is mgasured at the present value of the ftjlure receipts discounted al a mathat fatè of Intere8L Flnandgl assets cla8Bified Bs receivat4e wrthin one year are not amorbsed. Baslc flnanelalllabllltl•s 888ic financial liabilities, illdudlwy cxeditor8 bank108n$ are Inftialty Tecognlsed at transactlon prfce unle5S the 8rrangemenl constiluleB a fina1j transaGlion. where lh• debt irnstrumenl Is measured at tha pre$6nt value of the future payments Iylxounted at a market rate of int8rnSL Finanual I14110# do851f 88 payab18 within one year are not amortised. Debt instrum•nts ar• sub88qu•nty earriad at amti¥$d cY)st, u&ng the effeth intorgst rate method. Tradè Ixoditor5 am obligations to pay for goods or 8er¥ices that have been aqulred In the ordinary ry)urs2 of QP8rations from suppli8rs. Amounls payab are dassified as current liabfjlillfrs if paymant is due wmhln one year or le8$. If not, they ate preBenled as nOnrrent Ikibilrties. Trad& u•éitors ara tÈcognisèd initially at transaction pnce and siJbsequeTrtty measured al amorttyed cost u&ng lh8 affectivè intèrèst mèthod. D•m¢ogfthlon offlnan¢lal Ilabilltl•g Financial liabilit$ are derec0gned when the found8iKSn'S Contractual obligations explrè or ar• dlscharged or cancdled.
DocuSvJn Envelope ID.. 415S418F-638C4D56C4-S7BF6EOC8l75 THE RUNNING BEE FOUNDATION NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2022 Accounting p1¢1¢ {Contlnu•dl 1.13 Empltsyèè b•n•flts The coJl of any unused hdlday enlrfJ8ment is roClS0d In th8 0d In whith thè •mploy•&'s s•rvice8 are receNed. Tfrrmlnalion banèfits ar• r8coglSOd imm8diat8ty a5 an 8xp8lls8 wh8n the foundation is demonstrably committ$d lo tgmiinatg thg wnpbyrngnt of an LY to pr¢ide tgrmin8tKsn bgngfts. 1.14 Re0m+nI benofits Payments to defined nIributJn r8llrement benefrt 8cherne8 are thargad as an eynse a8 Ih&y fall due. ¢tICal ac¢ountlno wtlmits• and Sudg•monts n tho application of tho foun¢alKn's aceounling poloes, lh• inJsl8•s ar• r8quirad to make JUdM@nIS, oslimal•$ and assumplions about th8 carrying amount ol assets and Ilabilitl8S that not re8dlly apparent from olhef $our&gs. Th8 astimales hrtd associal8d 8ssumpb.ons ara bas4é on histo1 expèdenc¢ and oth•r factors that ara consid•red to ba raant Aeiual rasutts may drfèr from Ihèse è$timat¢s. Thè •stimAt•a and Ltndètying assumponI arè on An ¢)ngoing b8$1$. Rw$ltsn$ 4ecounllno eslirnal85 are r8cognised in the period in which the estimate Is revised wh8re the revislon affect8 only that persod. or in the period ol the revIOn and luture penod8 where the rewwon 8ffects both currenl and future penods. Oonatlon• 109•cI•• Unrmtrlctsd Unrestrfdod fund• funds 202Z 2021 t>onatlon5 and glfts 88,7C 101,629 Oth•r tr4dlng 4¢d¥ltl•• Unr••tri¢t•d unre9cted fvnd• fundi 2022 2021 Fundraising èvènts Trading activity income= othei 100,389 3,192 10,711 2,541 oth8rtradirKJ aGtiwti&s 103,581 13,252
DocuSvJn Envelope ID.. 415S418F-638C4D56C4-S7BF6EOC8l75 THE RUNNING BEE FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 Imi••lm•nt• Unrn•trf¢tsd Unrestriced funds funds 2022 2021 Interest ro¢eivabK Ril•lng fund• Unre•trbct•d Unrestrlct fundi lund8 2022 2021 Staging fundra15ing events Other fundralsing eo$l8 58,697 713 433 Fundraising and publlcjty 58.697 1,146 Oth¢r tradlng actM•S 432 1.756 57,129 2.W1 10-
DocuSvJn Envelope ID.. 415S418F-638C4D56C4-S7BF6EOC8l75 THE RUNNING BEE FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 Charftsble actlvttl8S Running o¥ent• 2022 Running •vonts 2021 Staff Depreel8lon and impalm*nt Printing, postage & 3talion8ry Adv•rti5ing Meèllngs & room hlre Storag9 $($ bsil• runnlNJ Sundry Grant8 Motor runnlng c08t8 In¥ur4rico 109,971 485 455 17,494 16 30 43 843 7,253 5.421 1,847 69,733 300 326 15,819 224 80 624 1.274 143,858 99,428 Share of support CO8ts158e Th)le 81 Sharn ofgovernonce coit8 note 81 11S 7,100 248 8,802 151,073 108,478 Support ¢o•ts Support Go¥•rnAnc• ¢o•ts ¢o$ts 2022 2021 Travd & subsistence 115 248 Aj11 fees Legal and prole¥sK)nal Bank charges 1,900 3.850 1.350 2.1SO 3,354 1,298 3,850 115 7,100 7,215 7,050 Analysed been Charitable actmt'as 7.11Y) 7,215 7,050 Trust8•s None of the trustees lor any petsons connected wlth them) receNed any rernuneration or berbefft5 from the foundatK)n during thè year.
DocuSvJn Envelope ID.. 415S418F-638C4D56C4-S7BF6EOC8l75 THE RUNNING BEE FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 10 Employee• Employm•nt Go•ts 2022 2021 W898s and 58larle$ Social s8¢urlty CO8t$ othor pension cos13 101,428 2.377 6.168 82,825 5,540 1,388 109.971 69,733 11 Intanglblg Ilxed 4••911 Colt Al 1 April 2021 and 31 Marth 2022 900 Amortl•atlon and Impalrnwnt Al l Apnl 2021 AmorU8alion charged for tho y•ar 575 300 At 31 March 2022 875 Cirrylng •mount Al 31 March 2022 25 Al 31 March 2021 326 12 Tanglble flxed JJ•ets Cofflput•rs Cost Addillons 569 At 31 March 2022 569 Dgprgciation and I1¥1 Dopr8ciation Chargèd in Ihè y 185 At 31 March 2D22 185 C8rrylng amount At 31 March 2022 12-
DocuSvJn Envelope ID.. 415S418F-638C4D56C4-S7BF6EOC8l75 THE RUNNING BEE FOUNDATION NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 13 Stock 2022 2021 Flnl8h$d goods and goods for r¢8al¢ 37.390 37,121 14 D•btor• 2022 2021 Amounts ealllnq dL wlthln on• y•ar. Trad• debtor8 Other debtors Prgp8ym8nt$ gnd accru8d In¢om& 27,527 20,092 4,329 1,900 13,055 159 51,948 15,114 16 Cr•dltorn: qmount• tslllng du• wlthln on• y•ar 2022 2021 Not•• D•f&rred incom• Trade Credilor Othèr eredilofs AccNals and dtf¢rr¢d in¢om? 33.128 9.094 36,513 9,2SO 57,796 810 5.488 20,967 87,98S 84,861 18 Defvrrgd Incoffl• 2022 2021 Other daferréd incom• 33.128 57,798 Oelerr8d Incom8 is Indud6d in tha fin8noal statèmènts as fol(Ms: 2022 2021 Deferred illwme 18 induded wthin.. Currènt liablllties 33,128 57,796 Movern8nt5 Ill th8 year Deferred Income at l April 2021 Released frorn pre%Aous periods 57,796 124.6e81 33,118 24,678 Deferred income al 31 Marth 2022 33,128 57,7 13-
DocuSvJn Envelope ID.. 415S418F-638C4D56C4-S7BF6EOC8l75 THE RUNNING BEE FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 IY R•latod party lrnnvcllon• Tran•actlon8 wlth r•lat¢d partloj During the year th8 fourndatn entered into the Ic4k)9 transacbonswith related Parti.. Sal• of good• Z02Z Purcha8• of go¢>d• 2022 2021 2021 Entttl¢s th control, loinl control or 8bnrfkant Inffluen¢o over thé eompany Oth•r r•lal8d part$ 109,971 12,099 122,070 Oon•lktTr• r•¢•fv•d 2022 Plyroll r•¢h•ry•d 2022 2021 2021 Entlties wSth control. loillt contrd or $ionrfi¢8nl Influ•nc8 over the compBny 109.971 89,733 80,000 109,971 89,733 14-