2020-12-31-accounts - The World Transplant Games Federation

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CONTENTS			PAGE
Members of the Board and professional	advisers
Trustees' Annual Report			2-6
Independent Examiner's Report to the Trustees The World Transplant Games Federation		of	7-8
Statement of Financial Activities (incorporating		the
income and expenditure account)
Balance sheet			10
Statement ofCash Flows
Notes to the financial statements			12 - 18
The following pages do not form part	ofthe	financial statements
Detailed statement of financial activities			20-21
Detailed balance sheet			22

Company	Secretary	Mrs E M Schick
Accountants		Moore (South) LLP
		Chartered Accountants
		The Quay
		30 Channel Way
		Ocean Village
		Southampton
		Hampshire
		SO14 3TG
Bankers		HSBC
		250 Park Avenue
		New York City
		New York State 10177
		USA
		HSBC
		58 High Street
		Winchester
		Hampshire
		SO23 9BZ

							Total Funds	Total	Funds
							year ended	year	ended
					Unrestricted	Restricted	31 Dec		31 Dec
					Funds	Funds	2020		20'I9
				Note	$	$	$		$
INCOME
Donations and legacies					30,000		30,000		59,980
Activities for raising	funds				63,018	40,000	103,018		319,066
Total income					93,018	40,000	133,018		379,046
EXPENDITURE
Raising funds and charitable
activities					15,115	20,010	35,125		149,377
Other support costs					158,259		158,259		195,162
Total expenditure					173,374	20,010	193,384		344,539
Net income/(expenditure)		and net
movement in funds	for the		year		(80,356)	19,990	(60,366)		34,507
RECONCILIATION	OF FUNDS
Total funds brought	forward		as at 1
January 2020					381,694	91,199	472,893		438,386
Total funds carried	forward		31
December 2020					301,338	111,189	412,527		472,893

		31 DEC	EMBER	2020
			Note		2020		2019
					$		$
FIX ED ASSETS
Tangible assets					117		234
CURRENT ASSETS
Stock				1,500		1,500
Accrued income				3,293		127,407
Debtors			10	9,384		6,208
Cash at bank and	in hand			408,778		375,487
				422,955		510,602
CREDITORS: Amounts		due within one year	11	(10,545)		(37,943)
NET CURRENT ASSETS					412,410		472,659
NET ASSETS					412,527		472,893
Represented by:
Unrestricted funds —General					301,338		381,694
Restricted funds					111,189		91,199
TOTAL FUNDS					412,527		472,893

		FO	R	THE Y	EA	R END	ED	31 DECE	MB	ER	202	0
									Year				Year
									ended		31		ended	31
									Dec	2020			Dec 2019
								$			$	$		$
Net	income/(expenditure)			per	Statement		of
Financial Activities
		Unrestricted							(80,356)				42,225
		Restricted							19,990				(7,718)
Items	not involving the		movement		of	funds-
depreciation											117			117
Movements in				working		capital
(increase)/decrease:
		Security deposit										(923)
		Accrued income						124,114				(127,407)
		Accounts receivable						(2,665)				16,950
		Prepayments and	subscriptions
		receivable						(511)				281
		Creditors						(2,756)				209
		Payroll creditors						440
		Income received	in	advance				(26,552)				26,552
		Accrued expenses						1,470				63
										93,540			(84,275)
Cash	provided by/(used		in) operating			activities				33,291			(49,651)
Opening		bank and cash balances as at 1 January
2020									375,487				425,138
Closing		bank and cash	balances		31	December
2020									408,778				375,487
Cash	at	bank and in hand	per balance sheet						408,778				375,487

2.	DONATIONS	AND LE	GACI	ES
					Unrestricted	Restricted	Total	Total
					Funds	Funds	Funds	Funds
							2020	2019
					$		$	$
	Donations received/(refunded)				30„000		30,000	59,980
3.	ACTIVITIES	FOR RAISING		FUNDS
					Unrestricted	Restricted	Total	Total
					Funds	Funds	Funds	Funds
							2020	2019
					$		$	$
	Participants'	capitation	fees		7,050		7,050	140,793
	Host fees							94,482
	Participant's	insurance	premiums					74,828
	Capitation fees				8,350		8,350
	Registration	fees			13,199		13,199
	Sponsorship					40,000	40,000	10,000
	Amazon Smile and PayPal			giving	342		342	88
	Country membership		subscriptions
	/ (write-offs)				20,815		20,815	(1,125)
	Covid 19Winchester		City Council		12,400		12,400
	grant
	Other donations				862		862
					63,018	40,000	103,018	319,066

							Unrestricted	Restricted	Total	Total
							Funds	Funds	Funds	Funds
									2020	2019
							$		$	$
Trustees' travel							(591)		(591)	22,367
Insurance							6,657		6,657	62,416
Games expenses/(over					provision)		755		755	19,953
Staff and coordination					fees		1,779		1,779	3,682
Football expenses										16,929
Registration	expenses						1,415		1„415	8,960
Fit for Life!	sponsorship				expenditure			20,010	20,010	7,718
Country development				programme			5,100		5,100	7,352
							15,115	20,010	35,125	149,377
ANALYSIS	OF EXPENDITURE ON						OTHER SUPPORT	COSTS
							Unrestricted	Restricted	Total	Total
							Funds	Funds	Funds	Funds
									2020	2019
							$		$	$
Accountancy							12,446		12,446	10,277
Bank charges							1,075		1,075	894
Depreciation							117		117	117
Foreign currency			gains		and	losses	(15,192)		(15,192)	6,651
Insurance							4,949		4,949	5,032
Journal printing		and distribution					1,579		1,579	11,713
Legal							3,445		3,445	9,602
Marketing,	public		relations			8
conference	lobbying						1,832		1,832	660
Office expenses							4,256		4,256	8,941
Rent							13,459		13,459	12,824
Staff costs							125,530		125,530	118,407
Staff training
Staff travel							3,755		3,755	8,923
Website costs							1,008		1,121	1,121
							158,259		158,259	195,162

STAFF COSTS AND EMOLUME	STAFF COSTS AND EMOLUME	NTS
Staff costs were as follows:
			2020	2019
			$	$
Staff working	on a self-employed	basis	30,000	106,299
Employees			95,530	12,108
			125,530	118,407

communities ensuring global outr	each.
TANGIBLE FIXEDASSETS
		2020	2019
Computer and office equipment
COST
Brought forward as at 1 January	2020	1,001	1,001
Additions
At 31 December 2020		1„001	1,001
DEPRECIATION
Brought forward as at 1 January	2020	767	650
Charge for the year		117	'l 17
At 31 December 2020		884	767
NET BOOK VALUE		117	234
DEBTORS:
		2020	2019
		$	$
Accounts receivable		2,635	(30)
P repayments		5,274	4,763
Other debtors		1,475	1,475
		9,384	6,208

										2020	2019
										$	$
	Trade creditors									1,999	4,755
	Accruals									8,106	6,636
	Payroll creditors									440
	Deferred	income									26,552
										10,545	37,943
12.	STOCK
										2020	2019
										$	$
	Promotional		goods and clothing							1,500	1,500
13.	DEFERRED		INCOME
										2020	2019
										$	$
	Brought	forward as at 1 January			2020					26,552
	Additions	in	year								26,552
	Amount	released		to income						(26,552)
	At 31 December			2020							26,552
Deferred income related to income received							in advance	for	WTWG 2020.
14.	UNRESTRICTED			FUNDS
				Brought			Incoming		Outgoing	Transfers	Carried
				forward		1	resources		resources		forward 31
				January							December
					2020						2020
						$		$	$		$
	General	Funds		381,694			93,018		(173,374)		301,338
15.	RESTRICTED FUNDS
				Brought			Incoming		Outgoing	Transfers	Carried
				forward		1	resources		resources		forward 31
				January							December
					2020						2020
	Restricted		Funds-			$		$	$		$
	Fit for Life!			91,199			40,000		(20,010)		111,189

ANALYS	IS OF NET ASSETS BET	WEEN FUNDS
		Unrestricted	Restricted
		Funds	Funds	Total
		$	$	$
Fixed assets		117		117
Cash		297,589	111,189	408,778
Stock		1,500		1,500
Accrued	income	3,293		3,293
Debtors		9,384		9,384
Current	liabilities	(10,545)		(10,545)
Total Funds		301,338	111,189	4'I2,527

							Total
						Total	Funds
						Funds	year
					Unrest-	year	ended
				Restricted	ricted	ended 31	31 Dec
				Funds	Funds	Dec 2020	2019
				$	$	$	$
INCOME
Participants' capitation fees	- 2019		UK				140,793
Host fees - 2019			UK				44,982
Host fees - 2021			USA				49,500
Participants' insurance premiums		-2020	WTWG		7,050	7,050
Participants' insurance premiums		-2019	UK				74,828
Registration fees - 2020			WTWG		13,199	13,199
Capitation fees —2020			WTWG		8,350	8,350
International Olympic Committee		donation			30,000	30,000	59,980
Sponsorship —welcome party 2019			UK				10,000
Sponsorship —Fit for Life!				40,000		40,000
Amazon Smile and PayPal	Giving				342	342	88
Other donations					862	862
COVID 19Winchester City	Council Grant				12,400	12,400
Country membership subscriptions
/(write-offs)					20,815	20,815	(1,125)
Total income				40,000	93,018	133,018	379,046
DIRECT EXPENDITURE
Trustees' travel - 2018			WTWG		(915)	(915)
Trustees' travel - 2019			UK		(2,824)	(2,824)	22,367
Trustees' travel - 2020			WTVVG		3,148	3,148
Insurance costs - 2020			WTWG		6,657	6,657
Insurance costs - 2019			UK				62,416
Games expenses - 2019			UK				18,705
Games expenses - 2020			WTWG		755	755	1,071
Games expenses -2021			USA				177
Staff and coordination fees	- 2020		WTWG		1,779	1,779	3,682
Football expenses							16,929
Registration expenses - 2019			UK		1,415	1,415	8,960
Fit for Life!				20,010		20,010	7,718
Country development programme					5,100	5,100	7,352
Total direct expenditure				20,010	15,115	35,125	149,377
INCOME LESS DIRECT EXPENDITURE				19,990	77,903	97,893	229,669

								Total
							Total	Funds
							Funds	year
						Unrest-	year	ended
					Restricted	ricted	ended 31	31 Dec
					Funds	Funds	Dec 2020	2019
					$	$	$	$
OPERATING EXPENDITURE
Accountancy						12,446	12,446	10,277
Bank charges						1,075	1,075	894
Computer and software expenses						1,314	1,314	923
Depreciation - computer and office
equipment						117	117	117
Executive Manager	office expenses					2,057	2,057	4,323
Foreign currency gains and losses						(15,192)	(15,192)	6,651
General expenses						47	47	42
Indemnity insurance	-officers	and
Trustees						4,949	4,949	5,032
Journal printing and	distribution					1,579	1,579	11,713
Legal advice						3,445	3,445	9,602
Light and heat						4	4	30
Marketing, public relations &conference
lobbying						1,832	1,832	660
Printing, postage, freight, couriers			and
stationery						196	196	403
Rent						13,459	13,459	12,824
Staff costs - Gary Green, Kim		Renyard
and Karen Cole						121,293	121,293	118,407
Employer's national	insurance					1,847	1,847
Employer's pension	contributions					2,390	2,390
Staff travel —Newcastle/Gateshead				2019				7,497
Staff travel —WTWG 2020						2,501	2,501
Staff travel - Perth						572	572
Subscriptions —Global Association				of
International Sports	Federations							2,988
Sundry expenses						636	636	167
Telephone						2	2	65
Travel &subsistence	—Inter Games			&
Council Meeting - Newcastle								1,426
Travel and subsistence - general						682	682
Website costs						1,008	1,008	1,121
Total expenditure						158,259	158,259	195,162
Net income/(expenditure)					19,990	(80,356)	(60,366)	34,507
Total Funds brought forward			as at 1
January 2020					91,199	381,694	472,893	438,386
TOTAL FUNDS CARRIED		FORWARD
AT 31 DECEMBER	2020				111,189	301,338	412,527	472,893

				2020	2019
				$	$
FIXEDASSETS
Tangible assets				117	234
CURRENT ASSETS
Stocks - presentation	awards	and clothing		1,500	1,500
Security deposit - office				1,475	1,475
Accrued income				3,293	127,407
Accounts receivable				2,635	(30)
Prepayments and subscriptions			receivable	5,274	4,763
Cash at bank				408,778	375,487
				422,955	510,602
CURRENT LIABILITIES
Accounts payable				1,999	4,755
Payroll creditors				440
Accrued expenses				8,106	6,636
Deferred income					26,552
				10,545	37,943
NET CURRENT ASSETS				412,410	472,659
NET ASSETS				412,527	472,893
FUNDS
Unrestricted funds				301,338	381,694
Restricted funds - Fit	for Life!			111,189	91,199
TOTAL FUNDS				412,527	472,893