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2021-04-01-accounts

REGISTERED CHARITY NUMBER: 1183028

REPORT OF THE TRUSTEES AND FINANCIAL STATEMENT FOR THE YEAR ENDED 31 MARCH 2021

For

NORTH STAFFORDSHIRE KICKBOXING

CONTENTS

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1. LEGAL AND ADMINISTRATIVE INFORMATION 2
2. TRUSTEES’ REPORT 2-3
3. ACCOUNTS FOR THE YEAR ENDING 31 MARCH 2021 4-5
4. INDEPENDENT EXAMINER’S REPORT 6-7
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1. LEGAL AND ADMINISTRATIVE INFORMATION

Trustees as at 31[st ] March 2021.

Robert Lea Mountford Simon Walker Nathan Robson

Registered Office

Unit 22 First Floor (Old Court 5) Fenton Old Town Hall 1 Gimson Street

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Stoke-on-Trent ST4 3BX

Bankers

Lloyds Bank PO Box 1000 Andover BX1 1LT

2. TRUSTEES REPORT

The Trustees serving during the year were:

Other key positions:

Objectives and activities for the public benefit

North Staffordshire Kickboxing (‘the charity’) exists to fund Kickboxing tuition in North Staffordshire. The Charity was registered with the Charities Commission in April 2019.

The charity’s objects are:

‘To promote community participation in healthy recreation for the public benefit of the inhabitants of North Staffordshire, without distinction of age, sex, sexual orientation, race or of political, religious or other opinions by the provision of facilities for kickboxing.’

Achievements

During the period 1[st] April 2020 to 31[st] March 2021 the charity has been affected quite significantly by the Covid-19 pandemic and the government restrictions for sport related facilities. Opening of the establishment has been for very limited times between lockdowns both nationally imposed and locally imposed.

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We successfully implemented Covid safe measures allowing the establishment to open when government/local restrictions allowed. This included innovation in an electronic booking and attendance system through Online Club Manager.

Since being established membership stays at a consistent level, although subscriptions were not taken when NSK was closed due to the pandemic. However external funding as achieved from Sports England, in the absence of member subscriptions to ensure that NSK can remain open once the pandemic has ended.

Unfortunately due to this impact we do not see the achievements and events as experienced in previous years.

The Future of NSK

3. Accounts for the period ending 31 March 2021

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North Stoffordshiro Kickboxing Numb•r. 1183028 Tabl# l.. Stat4mnt of FInancklACthf￿•s Forth4 p•rfod lstAprfl 202Oto 31$t MaKh 2021 Ref R•strirt•d Unr•slrict•d FuThds EndDwmont Funds Total 2020121 Incorne and Endowments From.. Incomefrom Subscription5 Incomefrom Donat￿￿5 Incornefrom Grènts TDtal R•c•ipts 3SO.73 850.78 2(K).(KJ 13.5(X).(K) 14.0S0.73 200.OD 14,050.78 Expéndkur4 011.. Reni & Rates Consumables (Admlrll TraSnSng Equlpment Other Expenses 17.575.251 10.L¥)I lo.￿) 12.107.991 17,575.251 10.001 10.001 IZ,107.991 Totsl •xpnditur• 19.68>.24 19.583.241 Surplusl ID•ficitl 4.367.49 4.867Ag Toial Funds BIou8hl Forward Total Funds (arrled FoTward 2.087. 6.454.55 4,367.49 2,087￿$ 6,454.55 4,367A9 R•concillkition af Funds.. Total Fund5 Brou8ht Forward Total Fund5 carr￿ Forward 2.OB7.OS 6.454.SS 4.367A9 2.087.06 6 454.ss 4,$67A9 Total Fund Prior Y•ir Fundi Tablo 2.. 8al•nco Sheet Fixed A5set$ CUrt&ntA￿•ll Cash at bank and in hand 6,454.55 2.087.06 Creditors.. Arnountsfalli￿ due withlnoneyear Net cur￿￿1 Assets or Uabllities 6.454.55 2,087.06 6.454.55 2,087.C Th* funds of th• ch Unrestricted Income Funds 6.454.SS 2.087.06 6,454.55 Z,OB7.D6

Income

Donations, plus a grant of £3,500 from Sports England and £10,000 from Stoke-On-Trent Cou

Investment Policy

The current policy is to hold cash in the Lloyds account where it is easily accessible, recognising it only attracts a low rate of return. In the current investment environment of low interest rates it is unlikely that a much better rate can be found from other savings accounts. However, as the charity accumulates cash reserves it will investigate the opportunities to invest in other, more long term investment vehicles, to get better returns so long as this leaves sufficient usable cash for charitable grant purposes.

This policy will be reviewed annually.

Risk Review

The Board of Trustee recognises the importance of conducting a risk review to ensure mitigation against a number of key risk including, funding provision and reputation.

Statement of Trustees’ responsibilities

Through the Governing document, Trustees recognise their responsibilities in support of the Charity.

Trustee interest

No serving Trustee has any interest in the Charity’s contracts. It is proposed that the Trustees approve these accounts 8[th] January 2021.

Signed by the Chair of the Trustees

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Mr Robert Lea Mountford Dated: 10[th] January 2022

4. Independent Examiner’s Report

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/ members of

North Staffordshire Kickboxing

On accounts for the year ended

31 March 2021

Charit 1183028 y no.

Set out on 4 and 5 pages

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31 March 2021.

Responsibilities and basis of report

As the charity trustees of the Trust, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Indep endent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper

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understanding of the accounts to be reached.

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Date: 30 [th] January
2022
Signed:
Name: Mr Robert T Simpson
Relevant
professional FCMA CGMA
qualifications:
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Address: 14 Pearl Brook Avenue Stafford ST16 3WJ Section B Disclosure

Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

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Give here brief details of any items that the examiner wishes to disclose .

Not Applicable

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