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|||Page||
|---|---|---|---|
|Report ofthe Trnstees|1|to|3|
|Independent
Examiner's
Report||||
|Statement ofFinancial Activities||||
|Balance Sheet||||
|Notes tothe Financial Statements|7|to|15|
|Detailed Statement ofFinancial Activities|16|to|17|
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||FOR T|YEAR|FND .D31JU|LY 2Q22|||
|---|---|---|---|---|---|---|
||||||2022|2021|
||||Unrestncted|Restricted|Total|Total|
||||funds|funds|funds|funds|
|||Notes||f.|||
|INCOME|AND ENDOWMXNTS FROM||||||
|Donations|and legacies||4,625||4,625|94,742|
|Charitable|activities||||||
|Skate Park|||212,586||212,586|137,003|
|Other trading activities|||72,081||72,081|505663|
|Other income|||21 595||21 595|3,552|
|Total|||3111887||310887|285,960|
|EXPENDITURE ON|||||||
|Raising funds|||34,017||34,017|26,905|
|Charitable|activities||||||
|Skate Park|||295,697|33,546|329,243|354,907|
|Total|||329,714|33,546|363.260|381812|
|NET INCOME~(EXPENDITURE)|||(18,827)|(33,546)|(52,373)|(95,852)|
|RECONCII IATION OFFUNDS|||||||
|Total funds|brought forward||463,552|129,456|593,008|688,860|
|TOTAL FUNDS CARRIED FORWARD|||444,725|95,910|560 635|593,008|
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|||||2022|2021|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||filllds|funds|funds|funds|
|||f.||f.||
|FIXEDASSETS||||||
|Tangible assets|12|377,604|95,910|473,514|543,655|
|CURRENT ASSETS||||||
|Stocks|13|1,900||1,900|1,672|
|Debtors|14|6,099||6,099|8,353|
|Cash at bank and in hand||6948S||69485|60646|
|||77,484||77,484|70,671|
|CREDITORS||||||
|Axnounts
falling due within one year|15|(10,363)||(10363)|(21,318)|
|NET CURRENT ASSETS||67 121||67 121|49353|
|TOTAL ASSETSLESSCURRENT||||||
|LIABILITIES||444,?2S|95,910|5404635|593,008|
|NET ASSETS||444 725|95910|540635|S93008|
|FUNDS|16|||||
|Unrestricted
funds||||4445725|463,5S2|
|Restricted
funds||||95.910|129.456|
|TOTAL FUNDS||||540635|593008|
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||||||2022|2021|
|---|---|---|---|---|---|---|
||||||E||
||Ramp fund
8B:half
Grants|pipe donations|||625
~4000|1,538
93/04|
||||||~4625|94,742|
||Grants received, included||in the|above, are as follows:|||
||||||2022|2021|
||||||E||
||School for Social|||||6,000|
||Job Retention Scheme Furlough|||||60,454|
||Cornwall
Council|Covid|Support||4,000|26 750|
||||||~4000|93,204|
|3.|OTHER TRADING ACTIVITIES||||||
||||||2022|2021|
||Sales: Cold Drinks||||5,567|5,286|
||Sales: Snack bar||||58,752|38,268|
||TShirt sales (Youth clothing)||||1„075|608|
||Sales: Merchandise||||1,956|1,394|
||Feed in tariff||||4,652|4,607|
||SaleofAdvertising|space||||500|
||Skate department||||60||
||BMX department||||19||
||||||~72 081|~50 663|
|4.|INCOME FROM|CHAMTABLK ACTIVITIES|||||
||||||2022|2021|
|||||Activity|||
||Group bookings|||Skate Park|14,039|1,902|
||Subscriptions
and||||||
||membership|||Skate Park|176,881|127,293|
||Venue hire|||Skate Park|5,631|750|
||Skate school/ramp|hire||Skate Park|11,795|4,150|
||Other income|||Skate Park|800||
||Room/container
rent hire|||Skate Park|3440|2 003|
||||||212336|137.003|
##
||Other trading|Other trading|activities||||
|---|---|---|---|---|---|---|
||||||2022|2021|
||Opening stock||||1,672|1,539|
||Purchases||||34,245|27,038|
||Closing stock||||~1,900)|~1672)|
||||||~34 017|~26 905|
|6.|CHARITABLE ACTIVITIES COSTS||||||
|||||Direct|Support||
|||||Costs {see|costs (see||
|||||note 7)|note 8}|Totals|
||Skate Park|||263,562|65,681|329,243|
|7.|DIRECT COSTSOFCHARITABLE ACTIVITIES||||||
||||||2022|2021|
||Staffcosts||||149,497|141,849|
||Establishment||costs||11,057|13,384|
||Repairs and|maintenance|||23,324|42,396|
||Subscriptions||and donations||3,222|2,052|
||Equipment|hire|||1,101|1,101|
||Cleaning||||3,443|1,606|
||Coaching|||||2,269|
||BadDebts|||||610|
||Depreciation||||71,918|85,982|
||||||263,562|291 249|
|8,|SUPPORT|COSTS|||||
||||||Governance||
||||Management|Finance|costs|Totals|
||Skate Park||44,459|3,242|17,980|65,681|
##
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|Support costs|, included
in the above, are as follows:|||
|---|---|---|---|
|||2022|2021|
|||Skate|Total|
|||Park|activities|
|Wages||37,374|35,462|
|Office Expenses||3,464|3,388|
|Travel and subsistence||434|323|
|Irrecoverable|VAT||13,282|
|Postage and stationery||406|198|
|Advertising||1,384|908|
|Sundries||1,397|898|
|Bank charges
Irrecoverable|VAT|3,242
7,55¹|2,060|
|Legal and professional||7,568|4,235|
|Accountancy||2,858|2,904|
|||65,681|63,658|
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|STAFFCOSTS||||||
|---|---|---|---|---|---|
|||||2022|2021|
||||||f.|
|Wages and salaries||||166671|177,311|
|||||186,871|177,311|
|The average monthly|number ofemployees|during|the year was as follows:|||
|||||2022|2021|
|Management||||1|1|
|Administration||||9|8|
|||||10||
##
||||M|OUNT|HAW|KK YO|UTH|AND COMMUNIT|AND COMMUNIT|AND COMMUNIT|Y
GROUP|||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||N||TO||C|ST T MENT|||-con inued|||
||||||FOR|.|AR||D31|Y|22|||
|11.|COMPARATIVES||FOR THE STATEMENT OF FINANCIAL ACTIVITIES|||||||||||
|||||||||||Unrestricted||Restricted|Total|
||||||||||||funds|funds|funds|
||||||||||||f|f||
||INCOME|AND ENDOWMENTS||||FROM||||||||
||Donations|and legacies|||||||||93,204|1,538|94,742|
||Charitable|activities||||||||||||
||Skate Park||||||||||137,003||137,003|
||Other trading activities||||||||||50,663||50,663|
||Other income||||||||||3 552||3 552|
||Total||||||||||284422|1,538|285,960|
||EXPENDITURE ON|||||||||||||
||Raising funds||||||||||26,905||26,905|
||Charitable|activities||||||||||||
||Skate Park||||||||||312,823|42,084|354,907|
||Total||||||||||339,728|42,084|381,812|
||NKT INCOME/(EXPENDITURE)||||||||||(S5,306)|(40,546)|(95,852)|
||RECONCILIATION|||OF FUNDS||||||||||
||Total funds|brought|forward||||||||518,859|170,001|688,860|
||TOTAL FUNDS CARRIED||||FORWARD||||||463S53|129,455|593,008|
|12.|TANGIBLE FIXED ASSETS|||||||||||||
|||||||||Freehold||Plant and||Computer||
|||||||||property||machinery||equipment|Totals|
|||||||||E||||f.||
||COST|||||||||||||
||At 1 August 2021|||||||354,654||353,051||291|707,996|
||Additions
Disposais|||||||||1,765
~802)||379|2,144
~802)|
||At 31July|2022||||||354|654|354,014||670|709,338|
||DEPRECIATION|||||||||||||
||At 1 August 2021|||||||34,059||130,122||160|164,341|
||Charge for
Eliminated|year
on disposal||||||16,030||55,813
~435)||7S|71,918
~435)|
||At 31July|2022||||||50,089||185500||235|235,824|
||NET BOOK VALUE|||||||||||||
||At 31 July|2022||||||304|565|168 514||435|473 514|
||At 31July|2021||||||320,59S||"22929||131|543 655|
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|13.|STOCKS||||
|---|---|---|---|---|
||||2022|2021|
||Stocks||~1900|~1672|
|14,|DEBTORS:|AMOUNTS FALLING DUE WITHIN ONE YEAR|||
||||2022|2021|
||Trade debtors||3,483|1,408|
||Other debtors||2,150|1,650|
||VAT|||3,834|
||Prepayments|and accrued income|466|~1461|
|||||~8353|
|15.|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR||||
||||2022|2021|
||||E||
||Trade creditors||2,046|14,420|
||Taxation and|social security|5,213|1,646|
||Other creditors||3,104|~5252|
||||~10 363|~2].318|
##
|MOVEMEN|T IN FUNDS|||||
|---|---|---|---|---|---|
||||Net|Transfers||
||||movement|between|At|
|||At 1/8/21|in funds|funds|31/7/22|
|Unrestricted|funds|||||
|General fund||49,354|18,744|(977)|67,121|
|Fixed Asset|Reserve|414,198|137571)|9/7|377 604|
|||463,552|(18,827)||444,725|
|Restricted funds||||||
|Pump Track|Project|32,344|(8,086)||24,258|
|Outdoor Skate Plaza Project||97,112|~25,460)||71 652|
|||129456|133546)||95,910|
|TOTAL FUNDS||593008|52.373||540,635|
##
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|||Incoming|Resources|Movement|
|---|---|---|---|---|
|||resources|expended|in hmds|
||||f,|f.|
|Unrestricted|funds||||
|General Rnd||310,086|(291,342)|187744|
|Fixed Asset Reserve||801|~35,372 t|~37,571)|
|||310,887|(3295714)|(18,82'7)|
|Restricted funds|||||
|Pump Track|Project||(8,086)|(8,086)|
|Outdoor Skate Plaza Project|||~25460)|125460)|
||||~33,546)|33546|
|TOTALFUNDS|||~363260)|~52 373)|
##
|Comparative|s
for movement
ln funds|||||
|---|---|---|---|---|---|
||||Net|Transfer.||
||||movemenl|betv een|At|
|||At 1!8!20|m funds|funds|31!7!21|
||||||f,|
|Unrestricted|funds|||||
|General fund||98,412|(11,408)|(37,650)|49,354|
|Fixed Asset|Reserve|420,447|~43 699)|377650|414,198|
|||518,859|(55,307)||463,552|
|Restricted funds||||||
|Pump Track|Project|437125|(10,781)||32,344|
|Outdoor Skate Plaza Project||126.876|~29,764)||97 112|
|||170,001|~(40,545||179,456|
|TOTALFUNDS||6611 f160|~95,65F)||593,008|
##
##
|||Incoming|Resources|Movement|
|---|---|---|---|---|
|||resources|expended|in funds|
|Unrestricted|funds||||
|General fund||284,422|(295,830)|(11,408)|
|Fixed Asset|Reserve||f43,899)|~43 899)|
|||284,422|(339,729)|(55,307)|
|Restricted
funds|||||
|Pump Track Project
Outdoor Skate Plaza Project||1 538|(10,781)
j3!302)|(10,781)
~29 764)|
|||1,538|~42 Of!3)|~40,545|
|TOTALFUNDS||285,960|~381,812)|~95,852)|
||||Net|Transfers||
|---|---|---|---|---|---|
||||movement|between|At|
|||At 1/8/20|in funds|funds|31/7/22|
||||f.|||
|Unrestricted|funds|||||
|General fund||98,412|7,336|(38,627)|67,121|
|Fixed Asset|Reserve|420,447|~81 470|38 627|377,604|
|||518,859|(74,134}||444,725|
|Restricted funds||||||
|Pump Track|Project|43,125|(18,867)||24,258|
|Outdoor Skate Plaza Project||126,876|~55,224)||71,652|
|||170001|74091||95910|
|TOTAL FUNDS||688 860|f148325)||540,635|
##
##
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|||Incoming|Resources|Movement|
|---|---|---|---|---|
|||resources|expended|in funds|
|Unrestricted|funds||||
|General fund||594,508|(587,172)|7„336|
|Fixed Asset Reserve||801|~82,27!}|~8),470)|
|||595,309|(669,443)|(74,134)|
|Restricted funds|||||
|Pump Track|Project||(18,867)|(18,867)|
|Outdoor Skate Plaza Project||1,538|~56,762)|~55
24)|
|||1 538|75,629|174091)|
|TOTAL FUNDS||596847|~745,072)|~148 25)|
##
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|BECOME AND ENDOWMENTS|BECOME AND ENDOWMENTS|BECOME AND ENDOWMENTS|||
|---|---|---|---|---|
|Donations
«nd legacies|||||
|Ramp fund k, half|pipe donations||625|1,538|
|Grants|||4000|93/04|
||||4,625|94,742|
|Other trading
activities|||||
|S«1es:Cold Drinks|||5,567|5 286|
|Sales: Snack bar|||58,752|38,268|
|T Shirt sales (Youth||clothmg)|1,075|608|
|Sales: Merchandise|||1,956|1,394|
|Feed in tariff|||4,652|4,607|
|Sale ofAdvertising||space||500|
|Skate department|||60||
|BMXdepartment|||19||
||||72,081|50,663|
|Charitable
activities|||||
|Group bookings|||14,039|1,902|
|Subscriptions
and|membership||176,881|127,293|
|Venue hire|||5,631|750|
|Skate school/ramp|hire||11,795|4,150|
|Other income|||800||
|Room/container
rent||hire|2440|2 908|
||||212,586|137,003|
|Other income|||||
|Gain on sale oftangible fixed assets
Insurance el'|||800
20,795|750
2,802|
||||21,595|3,552|
|Total incoming resources|||310,887|285,960|
|EXPENDITURE|||||
|Other trading
activities|||||
|Opening
stock|||1,672|1,539|
|Cost ofsales
Closing stock|||34,245
~1900)|27,038
~1.072)|
||||34,017|26,905|
|Charitable
activities|||||
|Wages|||149,497|141,849|
|Establishment
costs|||11,057|13,384|
|Repairs and maintenance|||23,324|42,396|
|Subscriptions
and|donations||3,222|2,052|
|Carried forward|||187,100|199,681|
##
|||i OUNT||CO2|ITYGROUP|||
|---|---|---|---|---|---|---|---|
|||DETAII ED|N||ACTIVITIES|||
|||FORTHEYEAREND||D31|Y2022|||
|||||||2022|2021|
|Charitable
activities||||||||
|Brought forward||||||187,100|199,681|
|Equipment
hire||||||1,101|1,101|
|Cleaning||||||3,443|1,606|
|Coaching|||||||2,269|
|Bad Debts|||||||610|
|Freehold property||||||16,030|16,648|
|Plant and machinery||||||55,814|69,270|
|Computer
equipment||||||74|64|
|||||||263,562|291,249|
|Support costs||||||||
|Management||||||||
|Wages||||||37,374|35,462|
|Office Expenses||||||3,464|3,388|
|Travel and subsistence||||||434|323|
|Irrecoverable|VAT||||||13,282|
|Postage and|stationery|||||406|198|
|Advertising||||||1,384|908|
|Sundries||||||1,397|898|
|||||||44,459|54,459|
|Finance||||||||
|Bank charges||||||3 P42|2,060|
|Governance|costs|||||||
|Irrecoverable|VAT|||||7,554||
|Legal and professional||||||7,568|4,235|
|Accountancy||||||2,858|2,904|
|||||||17980|7,139|
|Total resources|expended|||||363,260|381,812|
|Net expenditure||||||~52,373)|~95 852)|