| PAGE | |||||
|---|---|---|---|---|---|
| Trustees' annual report |
|||||
| Independent | examhter's | report to the trustees | |||
| Consolidated | statement | offinancial | activities (including | income and | |
| expenditure | account) | ||||
| Consolidated | statement | offinancial | position | ||
| Charity statement offinancial position | |||||
| Notes to the | consolidated | financial | statements | 10 |
| Registered | charity | name | The Horsfall Community |
The Horsfall Community |
Trust | |||
|---|---|---|---|---|---|---|---|---|
| Charity registration | number | 1179447 | ||||||
| Principal | office | Horsfall Community |
Stadium | |||||
| Cemetery Road | ||||||||
| Bradford | ||||||||
| BD62NG | ||||||||
| The trustees | Ms SLWorsley | (Appointed | 26May 2022) | |||||
| Mr P Armitage | (Appointed | 17May 2021) | ||||||
| Mr A Hurst | (Appointed | 27 April 2021) | ||||||
| Mr R Clunas | ||||||||
| Mr GRoberts | ||||||||
| Mrs N Williams | (Resigned | 9 April 2021) | ||||||
| Independent | examiner | EA Short BFPFCA | ||||||
| Equitable House | ||||||||
| 55 Pelion Lane | ||||||||
| Halifax | ||||||||
| West Yorkshire | ||||||||
| HX1 5SP | ||||||||
| Bank | CAF Bank Ltd | |||||||
| 25 Kings Hill Avenue | ||||||||
| Kings Hill | ||||||||
| West Mailing | ||||||||
| Kent | ||||||||
| ME194JQ |
| 2021 | 2020 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | ||||||
| funds | funds | Total funds | Total funds | ||||
| Note | |||||||
| Income and endowments | |||||||
| Donations and legacies |
4 | 9,807 | 9,807 | 2,097 | |||
| Charitable activities |
5 | 226,421 | 226,421 | 44,860 | |||
| Other trading activities | 6 | 8,150 | 22,960 | 31,110 | 1,988 | ||
| Total income | 244,378 | 22,960 | 267,338 | 48,945 | |||
| Expenditure | |||||||
| Expenditure on charitable |
activities | 7,8 | 249,493 | 22,960 | 272,453 | 126,478 | |
| Total expenditure | 249,493 | 22,960 | 272,453 | 126,478 | |||
| Net expenditure and net |
movement | in | |||||
| funds | (5,115) | — | (5,115) | (77,533) | |||
| Reconciliation offunds |
|||||||
| Total funds brought | forward | (5,550) | 5,221 | (329) | 77,204 | ||
| Total funds carried | forward | (10,665) | 5,221 | (5,444) | (329) |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| Note | g | ||||
| FIXEDASSETS | |||||
| Tangible fixed assets | 15 | 5,905 | |||
| CURRENT ASSETS | |||||
| Stocks | 17 | 3,350 | 79 | ||
| Debtors | 18 | 13,458 | 9,411 | ||
| Cash at bank and in hand | 25,593 | 9,873 | |||
| 42,401 | 19,363 | ||||
| CREDITORS: amounts | falling due | ||||
| within one year | 19 | 53,750 | 19,692 | ||
| NET CURRENT LIABILITIES | 11,349 | 329 | |||
| TOTAL ASSETSLESS | CURRENT | ||||
| LIABILITIES | (5,444) | (329) | |||
| NET LIABILITIES | (5,444) | (329) | |||
| FUNDS OFTHE CHARITy | |||||
| Restricted funds | 5,221 | 5,221 | |||
| Unrestricted funds |
(10,665) | (5,550) | |||
| Total charity funds | 22 | (5,444) | (329) |
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| Note | ||||||
| FIXEDASSETS | ||||||
| Tangible fixed assets | 15 | |||||
| CURRENT ASSETS | ||||||
| Cash at bank and in hand | 16,247 | 6,897 | ||||
| CREDITORS: amounts | falhng due | |||||
| within one year |
19 | 1,540 | 750 | |||
| NET CURRENT LIABILITIES | 14,707 | 6,148 | ||||
| TOTAL ASSETSLESS | CURRENT | |||||
| LIABILITIES | 14,708 | 6,148 | ||||
| NET LIABILITIES | 14,708 | 6,148 | ||||
| FUNDS OF THE CHARITY | ||||||
| Restricted funds | 5,221 | 5,221 | ||||
| Unrestricted funds |
9,487 | 927 | ||||
| Total charity funds | 22 | 14,708 | 6,148 |
| DONATIONS | AND LEGACIES | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | |||
| Funds | Funds | 2021 | |||
| f, | |||||
| DONATIONS | |||||
| Donations | 1,901 | 1,901 | |||
| GRANTS | |||||
| Government | grant income | 7,906 | 7,906 | ||
| 9,807 | 9,807 | ||||
| Unrestricted | Restricted | Total Funds | |||
| Funds | Funds | 2020 | |||
| DONATIONS | |||||
| Donations | 297 | 1,800 | 2,097 | ||
| GRANTS | |||||
| Government | grant income | ||||
| 297 | 1,800 | 2,097 | |||
| CHARITABLE ACTIVITIES | |||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
| Funds | 2021 | Funds | 2020 | ||
| f | g | ||||
| Stadium 3G pitch rental | 116,590 | 116,590 | 37,801 | 37,801 | |
| Food and beverage sales | 90,026 | 90,026 | 2,952 | 2,952 | |
| Stadium and |
event hire | 467 | 467 | 2,907 | 2,907 |
| Fog machine | recharges | 1,200 | 1,200 | ||
| Other income | 19,338 | 19,338 | |||
| 226,421 | 226,421 | 44,860 | 44,860 |
| Unrestricted | Restricted | Total | Funds | ||
|---|---|---|---|---|---|
| Funds | Funds | 2021 | |||
| g | |||||
| Fundraising | events | 8,150 | 22,960 | 31,110 | |
| Unrestricted | Restricted | Total | Funds | ||
| Funds | Funds | 2020 | |||
| f. | |||||
| Fundraising | events | 1,988 | 1,988 |
| EXPENDITURE ON CHARITAB | LE ACTIVITKS BYFUND | TYPE | |
|---|---|---|---|
| Unrestricted | Restricted | Total Funds | |
| Funds | Funds | 2021 | |
| 8 | |||
| Roberts Foundation | |||
| NLT | 8,172 | 8,172 | |
| Provident | |||
| ICS | |||
| Bar | 104,024 | 104,024 | |
| Other activities | |||
| Bradford Council | 10,590 | 10,590 | |
| Support costs | 145,469 | 4,198 | 149,667 |
| 249,493 | 22,960 | 272,453 | |
| Unrestricted | Restricted | Total Funds | |
| Funds | Funds | 2020 | |
| f. | f. | ||
| Roberts Foundation | 63,373 | 63,373 | |
| NLT | 6,466 | 6,466 | |
| Provident | 1,333 | 1,333 | |
| ICS | 349 | 349 | |
| Bar | 3,824 | 3,824 | |
| Other activities | 216 | 216 | |
| Bradford Council | |||
| Support costs | 50,917 | 50,917 | |
| 54,957 | 71,521 | 126,478 |
| 8. | EXPENDIT | URE | ON CHARITABLE ACTIVITIE | S BYACTI | VITY TYPE | |
|---|---|---|---|---|---|---|
| Activities | ||||||
| undertaken | Support | Total funds | Total fund | |||
| directly | costs | 2021 | 2020 | |||
| Roberts Foundation | 107,567 | |||||
| NLT | 8, 172 | 1,481 | 9,653 | 6,466 | ||
| Provident | 1,333 | |||||
| ICS | 349 | |||||
| Bar | 104,024 | 128,696 | 232,720 | 3,824 | ||
| Other activities | 216 | |||||
| Bradford Council | 10,590 | 1,426 | 12,016 | |||
| Governance | costs | 18,064 | 18,064 | 6,723 | ||
| 122,786 | 149,667 | 272,453 | 126,478 | |||
| 9. | ANALYSIS | OFSUPPORT COSTS | ||||
| Total 2021 | Total 2020 | |||||
| f. | ||||||
| Staffcosts | 29,223 | 19,440 | ||||
| Premises | 29,868 | 11,182 | ||||
| Communications | and IT | 2,855 | 1,135 | |||
| General office | 772 | |||||
| Repairs and maintenance | 29,502 | 3,322 | ||||
| Insurance | 7,276 | 2,965 | ||||
| Sundry expenses | 3,948 | 161 | ||||
| Bank charges | 2,581 | 898 | ||||
| Printing, postage and stationery |
1,838 | 822 | ||||
| Laundry and |
cleaning | 20,068 | 4,173 | |||
| Subscriptions | 257 | 96 | ||||
| Accountancy | fees | 5,536 | 2,500 | |||
| Professional | fees | 15,289 | 4,223 | |||
| Stall' training | 654 | |||||
| 149,667 | 50,917 | |||||
| 10. | NET EXPENDITURE | |||||
| Net expenditure is stated after charging/(crediting): |
||||||
| 2021 | 2020 | |||||
| f | ||||||
| Depreciation | oftangible fixed assets | 772 |
| 2021 | 2020 | |||||||
|---|---|---|---|---|---|---|---|---|
| E | ||||||||
| Fees payable | to the independent | examiner | for: | |||||
| Independent | examination | ofthe | Consolidated | financial | ||||
| statements | 750 | 600 | ||||||
| Independent | examination | ofthe | financial | statements | 1,350 | 1,150 | ||
| Other financial services | 3,336 | |||||||
| STAFF COSTS | ||||||||
| The total staff costs and | employee | benefits | for | the reporting | period are analysed | as follows: | ||
| 2021 | 2020 | |||||||
| Wages and | salaries | 75,567 | 19,916 | |||||
| Employer contributions |
to pension | plans | 685 | 280 | ||||
| 76,252 | 20,196 |
| Unrestricted | Restricted | ||||||
|---|---|---|---|---|---|---|---|
| funds | funds | Total funds | |||||
| g | |||||||
| Donations | 1,901 | 1,901 | |||||
| Fundraising | events | 8,150 | 22,960 | 31,100 | |||
| 10,051 | 22,960 | 33,001 | |||||
| Expenditure | on | charitable | activities | 18,763 | 18,763 | ||
| Support costs | 1,490 | 4,197 | 5,687 | ||||
| 1,490 | 22,960 | 24,450 | |||||
| Net movement | in funds | 8,561 | 8,561 | ||||
| Total funds | brought | forward | 926 | 5,221 | 6,147 | ||
| Total funds | carried | forward | 9,487 | 5,221 | 14,708 |
| TANGIBLE FIXEDASSETS | |
|---|---|
| Equipment | |
| Cost | |
| At 1 January 2021 | |
| Additions | 6,677 |
| At 31December 2021 | 6,677 |
| Depreciation | |
| At 1 January 2021 | |
| Charge for the year | 772 |
| At 31December 2021 | 772 |
| Carrying amount |
|
| At 31December 2021 | 5,905 |
| At 31 December 2020 |
| Trading results ofthe Horsfall | Trading results ofthe Horsfall | Community | Stadium CIC | |||
|---|---|---|---|---|---|---|
| 2021 | 2020 | |||||
| Summary of | trading results | |||||
| Turnover | 226,421 | 45,860 | ||||
| Total expenditure | (240,097) | (52,338) | ||||
| Loss for the year | (13,676) | (6,478) | ||||
| Assets | 31,754 | 12,466 | ||||
| Liabilities | (51,906) | (18,942) | ||||
| Summary of |
assets and liabilities | (20,152) | (6,476) | |||
| 17. | STOCKS | |||||
| 2021 | 2020 | |||||
| f | I, | |||||
| Bar stock | 3,350 | 79 | ||||
| 18. | DEBTORS | |||||
| 2021 | 2020 | |||||
| f | f | |||||
| Trade debtors | 12,686 | 7,438 | ||||
| Prepayments | and accrued income | 772 | 1,747 | |||
| Other debtors | (305) | 226 | ||||
| 13,153 | 9,411 | |||||
| Charity | ||||||
| 2021 | 2020 | |||||
| f | ||||||
| Trade debtors | ||||||
| Prepayments | and accrued income | |||||
| Other debtors |
| CREDITORS: | amounts | falling due within | one year | ||
| 2021 | 2020 | ||||
| Trade creditors | 41,043 | 4,129 | |||
| Accruals and deferred income | 6,751 | 11,001 | |||
| Social security | and other | taxes | 5,956 | 3,813 | |
| Other creditors | 749 | ||||
| 53,750 | 19,692 | ||||
| Charity | |||||
| 2021 | 2020 | ||||
| Trade creditors | 945 | ||||
| Accruals and deferred income |
900 | 750 | |||
| Social security | and other | taxes | |||
| Amounts due to group undertakings |
(305) | ||||
| Payments received on account |
|||||
| 1,540 | 750 |
| as follows: | ||||
|---|---|---|---|---|
| 2021 | 2020 | |||
| Recognised | in income from donations | and legacies: | ||
| Government | grants income | 7,906 |
| Unrestric Group |
ted funds |
||||||
|---|---|---|---|---|---|---|---|
| At | At | ||||||
| 1 | Jan 2021 | Income | Expenditure | Transfers | 31Dec 2021 | ||
| General | funds | (5,550) | 244,378 | (249,493} | (10,665) | ||
| At | At | ||||||
| I | Jan 2020 | Income | Expenditure | Transfers | 31Dec 2020 | ||
| General | funds | 9,459 | 47,145 | (54,957) | (7,197) | (5,550) | |
| Charity | |||||||
| At | At | ||||||
| I | Jan 2021 | Income | Expenditure | Transfers | 31Dec 2021 | ||
| f. | 8 | ||||||
| General | funds | 926 | 10,051 | (1,490) | 9,487 | ||
| At | At | ||||||
| I | Jan 2020 | Income | Expenditure | Transfers | 31Dec 2020 | ||
| f. | |||||||
| General | funds | 9,460 | 2,285 | (3,621) | (7,197) | 926 |
| Restricted funds Group |
|||||
|---|---|---|---|---|---|
| At | At | ||||
| 1 Jan 2021 f. |
Income f, |
Expenditure f |
Transfers f |
31Dec2021 | |
| Roberts Foundation | |||||
| NLT | 10,000 | (10,000) | |||
| Provident | 3,190 | ||||
| ICS | 2,031 | ||||
| Bradford Council | 12,960 | (12,960) | |||
| 5,221 | 22,960 | (22,960) | 5,221 | ||
| At | At | ||||
| 1 Jan 2020 | Income | Expenditure | Transfers | 31Dec 2020 | |
| f. | |||||
| Roberts Foundation | 57,583 | 800 | (63,372) | 4,989 | |
| NLT | 3,258 | 1,000 | (6,466) | 2,208 | |
| Provident | 4,523 | (1,333) | 3,190 | ||
| ICS | 2,381 | (350) | 2,031 | ||
| 67,745 | 1,800 | (71,521) | 7,197 | 5,221 | |
| Charity | |||||
| At | At | ||||
| 1 Jan 2021 | Income | Expenditure | Transfers | 31Dec 2021 | |
| Roberts Foundation | |||||
| NLT | 10,000 | 10,000 | |||
| Provident | 3,190 | 3,190 | |||
| ICS | 2,031 | 2,031 | |||
| Bradford Council | 12,960 | (12,960) | |||
| 5,221 | 22,960 | (22,960) | 5,221 | ||
| At | At | ||||
| 1 Jan 2020 | Income | Expenditure | Transfers f |
31Dec 2020 | |
| Roberts Foundation | 57,583 | 800 | (63,372) | 4,989 | |
| NLT | 3,258 | 1,000 | (6,466) | 2,208 | |
| Provident | 4,523 | (1,333) | 3,190 | ||
| ICS | 2,381 | (350) | 2,031 | ||
| 67,745 | 1,800 | (71,521) | 7,197 | 5,221 |
| ANALY | SIS OFN | ET ASSETSBET | WEEN FUNDS | ||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | |||
| Funds | Funds | 2021 | |||
| g | |||||
| Tangible | 6xed assets | 5,905 | 5,905 | ||
| Current | assets | 37,180 | 5,221 | 42,401 | |
| Creditors | less than | 1 year | (53,750) | (53,750) | |
| Net liabilities | (10,665) | 5,221 | (5,444) | ||
| Unrestricted | Restricted | Total Funds | |||
| Funds | Funds | 2020 | |||
| g | |||||
| Tangible | fixed assets | ||||
| Current | assets | 14,142 | 5,221 | 19,363 | |
| Creditors | less than | I year | (19,692) | (19,692) | |
| Net liabilities | (5 550) | 5,221 | (329) |