|Contents ofthe Financial Statements||||
|---|---|---|---|
|for the Year Ended 31st March 2023||||
|||Page||
|Reference and Administrative
Details||||
|Report ofthe Trustees|2|io|7|
|Report ofthe Independent
Auditors|8|to|10|
|Statement ofFinancial Activities||||
|Balance Sheet||12||
|Cash Flow Statement||13||
|Notes to the Cash Flow Statement||14||
|Notes to the Financial Statements|15|to|31|
|Detailed Statement ofFinancial Activities||32||
##
|TRUSTEES||L M Fish||
|---|---|---|---|
|||A G Gilmour||
|||J J O'Toole||
|||SM Scriven||
|||DJ Slmtt (Chair)||
|||P E Sugg
J H WTeal||
|||RWiddowson||
|COMPANY SECRETARY||SL Brewster||
|REGISTERED OFFICE||Hines Building||
|||University ofWorcester||
|||Henwick Grove||
|||Worcester||
|||Worcestershire||
|||WR2 6AJ||
|REGISTERED COMPANY NUMBER||08822764 (England and Wales)||
|REGISTERED CHARITY NUMBER||1184297||
|INDEPENDENT AUDITORS||The Richards Sandy Partnership|Ltd|
|||(Statutory Auditor)||
|||Thorneloe House||
|||25 Barbourne Road||
|||Worcester||
|||Worcestershire||
|||WR1 1RU||
|CHIEF EXECUTIVE OFFICER|.|SL Brewster||
|BANKERS||Lloyds Bank||
|||4The Cross||
|||Worcester||
|||WR1 3PY||
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||||||2023|2022|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||funds|funds|funds|funds|
|INCOME AND ENDOWMENTS|FROM|Notes|5|2||F|
|Donations
and legacies||||810,897|810,897|681,579|
|Charitable
activities|||||||
|Sports delivery
and participation
Postural
stability|||80,607|33,218|33,218
80,607|416,928
76,365|
|Other trading activities
investment
income|||6,575
759||6,575
759|14,424
40|
|Total|||87,941|844,115|932,056|1,189,336|
|EXPENDITURE ON|||||||
|Charitable
activities|||||||
|Sports delivery and participation
Postural
stability|||7,234
71,347|897,600|904,834
71,347|936,209
70,474|
|Total|||~78581|897,600|~976181|1,006,683|
|NET INCOME/(EXPENDITURE)
Transfers
between funds||19|9,360
~tf 478|(53,485)
~11,478)|(44,125)|182,653|
|Net movement
In funds|||20,838|(84,963)|(44,125)|182,653|
|RECONCILIATION
OF FUNDS|||||||
|Total funds brought
forward|||603,743|417,321|1,021,064|838,411|
|TOTAL FUNDS CARRIED FORWARD|||~624 581|352,358|~976 939|1,021,064|
##
|Trading as Activ|e Herefordshire 8Worcesters|hire||
|---|---|---|---|
||Balance Sheet|||
||31stMarch 2023|||
|||2023|2022|
||Notes|6|8|
|FIXEDASSETS||||
|Tangible assets|15|13,281|8,918|
|CURRENT ASSETS||||
|Debtors|16|92,249|537,480|
|Cash at bank||957,983|511,239|
|||1,050,232|1,048,719|
|CREDITORS||||
|Amounts
falling due within one year|17|(86,574)|(36,573)|
|NET CURRENT ASSETS||~963658|1,012,146|
|TOTAL ASSETS LESSCURRENT LIABILITIES||976,939|1,021,064|
|NETASSETS||~976 939|1,021,064|
|FUNDS|19|||
|Unrestricted
funds
Restricted funds||624,581
352,358|603,743
417321|
|TOTAL FUNDS||~976 939|1,021,064|
||||Sports Partnership|Sports Partnership|Sports Partnership|Herefordshire|Herefordshire|Herefordshire|And||
|---|---|---|---|---|---|---|---|---|---|---|
||||||Worcestershire||||||
||||Trading|as Active Herefordshire||||LWorcestershire|||
||||||Cash Flow Statement||||||
|||||for the|Year Ended 31st|||March|2023||
||||||||||2023|2022|
|||||Notes|||||8|5|
|Cash flows from|operating||activities||||||||
|Cash generated
from operations||||1|||||458,448|~228,756)|
|Net cash provided|by/(used||in) operating|activities|||||~458448|(228,775565)|
|Cash flows from|investing||activities||||||||
|Purchase oftangible
fixed assets
Interest received|||||||||(12,463)
759|(4,053)
40|
|Net cash used in|investing|activities|||||||~11,704)|~4,013)|
|Change
in cash and cash|||equivalents|in the reporting||pediod|||446,744|(232,769)|
|Cash and cash equivalents|||at the beginning
ofthe reporting||||period||511,239|744,008|
|Cash and cash equivalents|||at the end|ofthe reporting||period|||957,983|511,239|
##
##
##
|ACTIVITIES||||T|NET CASH FLOW|FROM OPERATI|NG|
|---|---|---|---|---|---|---|---|
|||||||2023|2022|
|Net (expenditure)/income
forthe reporting
period
(as per the Statement ofFinancial Activities)||||||(44,125)|6
182,653|
|Ad)ustments
for:||||||||
|Depreciation
charges
Interest received||||||8,100|4,299|
|Decrease/(increase)
Increase in creditom|in debtors|||||(759)
445,231
50.001|(40)
(422,377)
6,709|
|Net cash provided|by/(used||in) operations|||458,448|~228,756)|
|ANALYSIS OF CHANGES IN|||NET FUNDS|||||
|Net cash|||||At 1.4.22
6|Cash flow|At 31.3.23
f|
|Cash at bank|||||~511239|~446744|~957983|
||||||511,239|~446 744|957,983|
|Total|||||511,239|~446 744|957,983|
##
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##
|||||||2023|2022|
|---|---|---|---|---|---|---|---|
|||||||6|6|
|Equipment||||||4,214|1,374|
|Venue hire||||||15,059|6,894|
|Coaching and tutor fees||||||20,546|25,019|
|Programme
management||||||90,393|103,079|
|Courses||||||1,712|8,150|
|Hospitality
and refreshments||||||3,455|2,452|
|Design and printing||||||733|870|
|Photography
and videography||||||8,336|3,957|
|Branded merchandise||||||22,168|33,171|
|Bad debts
Depreciation||||||1,346|(35)
~1139|
|||||||167,962|186,070|
|GRANTS PAYABLE -|continued|||||||
|The total grants
paid to|institutions
during the year was as follows:|||||||
|||||||2023
6|2022f|
|Active Always Community||Wellbeing CIC||||7,190||
|Active Youth Outreach|Services|||CIC|||5,260|
|Age UK Herefordshire
and Worcestershire|||||||26,339|
|Afi Active Academy CIC||||||4,950|7,900|
|Avidean
Ltd I/a The Droitwich|||Sign and Print||Co||5,000|
|Bewdley
Rowing Club|||||||11,573|
|Bodyshot Boxing Redditch|||||||6,805|
|Bromsgrove
Gymnastics||Club||||11,886|12,645|
|Chadsgrove
School|||||||5,000|
|Demi Mooton|||||||5,845|
|Dimensions
UK|||||||6,520|
|Droitwich Spa Town Councfi|||||||7,991|
|Freedom Leisure|||||||5,694|
|Hereford
Rowing Club|||||||7,001|
|Holy Trinity School and|Sixth Form Centre||||||6,800|
|Hunderton
Community|Gardens|||Association|||6,460|
|Ignite CIC|||||||7,957|
|Open Trail||||||11,810||
|Pitcheroak School|||||||5,000|
|Press Red Limited||||||5,387||
|Redditch
Community
Boxing and Mentoring|||||Limited|7,874||
|The Redditch Self Defence Association||||||15,028|3,702|
|Redgate Sports - Community|||Interest Company|||12,500|6,600|
|Saint Mary's RC High School||||||250|12,855|
|Sandycrofi Centre||||||12,305||
|Services for Independent||Living|||||7,976|
|Springfield
Mind|||||||6,790|
|Stride Active||||||26,454|19,995|
|Trinity High School and|Sixth Form Centre||||||5,000|
|Turning
Point||||||5,300||
|University
ofWorcester||||||2,400|6,181|
|Vale ofEvesham
School|||||||5,000|
|Wigmore
High School|||||||13,000|
|Worcester Community
Trust||||||7,500||
|Worcester Warriors
Community||||Foundation||10,105||
|Worcestershire
Cricket|Board||Limited|||7,076|4,558|
|Worcestershire
Disability||Football Club||||8,607||
|Sundry small grants (less||than|65,000each)|||~132785|140,462|
|||||||289,407|373,929|
##
##
##
|SUPPORT COSTS|forthe Year Ended 31stMarch|2023||
|---|---|---|---|
|||2023f|2022|
|Sports delivery and participation
Postural stability||484,439
~34373|412,153
34,531|
|||~518 812||
|Support costs, induded|in the above, are as follows:|||
|||2023|2022|
|||6||
|Wages
Social security
Pensions
Rent
Insurance
Telephone
Postage and of8ce supplies
Advertising
and marketing
Sundries
Subscdpdons
Training
Travel
Computer
Professional fees
Bank charges||334,103
20,226
37,768
12,235
4,485
2,274
2,586
774
15,193
9,905
2,603
6,824
10.509
34,727
100|298,604
23,555
38,319
9,481
3,685
1,653
7,480
2,008
3.410
11,945
1,272
2.232
18,995
8,699
166|
|Depreciation
Auditors'
remuneration
Auditor's fees for other|services|6.754
3,885
~4791|3,160
4,950
~6170|
|||518,812||
##
##
|Net income/(expenditure)|is stated aRer charging/(crediting):|||
|---|---|---|---|
|||2023|2022|
|||6||
|Auditors'
remuneration
Auditor's fees for other services
Depreciation - owned assets
Other operating
leases||3,885
4,791
8,100
12,235|4,950
6,170
4,299
9,481|
##
##
##
##
##
##
##
||||||2023
6|2022f|
|---|---|---|---|---|---|---|
|Wages and salaries
Social security costs
Pension costs (see note 22)|||||334,193
29,226
37,768|298,604
23,555
38,319|
||||||401,187|360,478|
|The average
monthly||number of employees|during|the year was as follows:|||
||||||2023|2022|
|Average|number ofemployees||||14|13|
##
##
|COMPARATIVES FOR THE S|TATEMENT OF FINAN|CIAL ACTIVITIES|||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total|
|||funds|funds
8|fundsf|
|INCOME AND ENDOWMENTS|FROM||||
|Donations and legacies|||681,579|681,579|
|Charitable
activities|||||
|Sports delivery and participation
Postural
stability||1,803
76,365|415,125|416,928
76,365|
|Other trading
activities
Investment
income||14,424
40||14,424
40|
|Total||92,632|1,096,704|1,189,336|
|EXPENDITURE ON|||||
|Charitable
activities|||||
|Sports delivery and participation||19,892|916,317|936.209|
|Postural stability||70,474||70,474|
|Total||90,366|916,317|1,006,683|
|NET INCOME||2,266|180,387|182,653|
|Transfers between
funds||4,053|~4,053)||
|Net movement
in funds||6,319|176,334|182,653|
|RECONCILIATION
OF FUNDS|||||
|Total funds brought forward||597,424|240,987|838,411|
|TOTAL FUNDS CARRIED FORWARD||603,743|417,321|1,021,064|
##
##
##
|15|a|a|c 03|||
|---|---|---|---|---|---|
|.|TANGIBLE FIXEDASSETS|||||
||||Fixtures|||
||COST
At 1stApril 2022
Additions
At 31st March 2023|Sports
equipment
5
15r384
984
~16368|and
fittings
5
~2716|Computer
equipment
5
14,399
10183
~24562|Totals
f
31,183
12,463|
||DEPRECIATION|||||
||At 1stApril 2022
Charge for year
At 31st March 2023
NET BOOK VALVE|10.983
1346
~12329|1,057
332
~1389|10,225
6422
~16647|22,285
~8100
30,365|
||At 31st March 2023
At 31st March 2022|4,039
4401|~1327
343|7,915
4,174|13281
8,918|
|16.|DEBTORS:AMOUNTS|FALLING DUE WITHIN ONE YEAR||||
||Trade debtors
Accrued income
Prepayments|||2023
8
13,334
70,121
8794|2022
5
6,721
518,825
11,934|
|||||~92 249|537,480|
|17.|CREDITORS: AMOUNTS|FALLING DUE WITHIN ONE YEAR||||
|Trade creditors||||2023
6|2022|
|Pension creditor (see note
Accrued expenses||22)||54,606
31,968|18,729
1,400
15,444|
|||||~86 574|38,573|
##
##
##
##
|||||General||
|---|---|---|---|---|---|
|||Restricted|Designated|unrestricted|Total|
|||fundsf|fundsf|funds
2|funds|
|Tangible fixed assets
Debtors
Cash at bank
Creditors - due within|1 year|92,133
331,716
~7)45 ),|400,000|13,281
116
226,267
~).883)|13,281
92,249
957,983
~85574)|
|Total funds||352,358|OD,DDO|224,581|a)a,aas|
##
|MOVEMENT
IN FU|NDS|||||
|---|---|---|---|---|---|
||||Net|Transfers||
||||movement|between|At|
|Unrestricted
funds||At 1.4.22
f|in funds
f|funds
F|31.3.23
f|
|General
unrestricted
Designated
fund
Redundancy
fund
Pension
fund|fund|203,743
250,000
50,000
100,000|9,360|11,478|224,581
250,000
50,000
100,000|
|Restricted funds||603,743|9,360|11,478|624,581|
|Primary Role
Children
and Young|People|12,650|211,433|(11,478)|212,605|
|-Sport England
Children
and Young|People|73.348|(73.348)|||
|-Dept. for Education
Satellite Clubs
Workforce
Commonwealth
Legacy School Games
Tackling Inequalities
Fund||5,365
23,033
12,802
11,445|(23,033)
(12,802)
(10,950)||5,365
495|
|-Sport England
Tackling Inequalities|Fund|13.388|24,538||37,926|
|-Worcestershire
County Council
Tackling
Inequalities
Fund||45,862|(38,922)||6,940|
|- Herefordshire
Council
Grass Roots
My Age Can
Active Communities
Other Youth Development
Macmillan
Ignite CIC||69,744
30,000
43,606
68,415
6,720
943|(61,244)
(27,000)
(35,300)
(29,018)
16,200
(943)
~6904||8,500
3,000
8,306
39,397
22,920
6,904|
|||417321|~53435|~11478|352 358|
|TOTAL FUNDS||~1,021 064|~44,125)||~976939|
##
##
##
##
|MOVEMENT
IN FUNDS - continu|MOVEMENT
IN FUNDS - continu|ed|ed||||
|---|---|---|---|---|---|---|
|Net movement
in funds, included||in the above are as follows:|||||
|||||Incoming|Resources|Movement|
|||||resources|expended|in funds|
|||||6|6|6|
|Unrestricted
funds|||||||
|General unrestricted|fund|||87,941|(78,581)|9,360|
|Restricted funds|||||||
|Primary Role||||601,751|(390,318)|211~3|
|Children and Young|People||||||
|-Sport England|||||(73,348)|(73,348)|
|Satellite Clubs|||||(23,033)|(23,033)|
|Workforce|||||(12,802)|(12,802)|
|Commonwealth
Legacy School Games||||60,000|(70,950)|(10,950)|
|Tackling InequaliTies|Fund||||||
|-Sport England||||140,242|(115,704)|24,538|
|Tackling Inequalities|Fund||||||
|-Worcestershire
Couniy Council|||||(38,922)|(38,922)|
|Tackling Inequalities|Fund||||||
|-Herefordshire
Council|||||(61,244)|(61,244)|
|Grass Roots|||||(27,000)|(27,000)|
|My Age Can|||||(35,300)|(35,300)|
|Active Communities|||||(29,018)|(29,018)|
|Other Youth Development||||20,000|(3,800)|16,200|
|Macmillan|||||(943)|(943)|
|Apprenticeship
fund||||2,000|(2,006)||
|Ignite CIC||||6,904||6,904|
|Opening
School Facilities Programme|||fund|13,218|~13218)||
|||||~844115|897,600|~53,485|
|TOTAL FUNDS||||932,056|~976,181)|$44,125)|
##
##
##
##
##
|Comparatives
for m|ovement
In funds||||||
|---|---|---|---|---|---|---|
||||Net|Transfers|||
||||movement|between||At|
|||At 1.4.21|in funds|funds||31.3.22|
|||||6||6|
|Unrestricted
funds|||||||
|General unrestricted|fund|201,524|2,266||(47)|203,743|
|Designated
fund||250,000||||250,000|
|Redundancy
fund||50,000||||50,000|
|Pension
fund||95,900||4,|100|100,000|
|||597,424|2,266|4,053||603,743|
|Restricted funds|||||||
|Primary Role||20,723|(4,020)|(4,053)||12,650|
|Children
and Young|People||||||
|-Sport England||38,578|34,770|||73,348|
|Children
and Young|People||||||
|-Dept. for Education||5,365||||5,365|
|School Games||10,075|(10,075)||||
|Satellite Clubs||79,573|(56,540)|||23,033|
|Workforce||13,043|(241)|||12,802|
|Commonwealth
Legacy School Games|||11,445|||11,445|
|Tackling Inequalities|Fund||||||
|-Sport England||15,054|(1,666)|||13,388|
|Tackling
Inequalities|Fund||||||
|-Worcestershire
County Council|||45,862|||45,862|
|Tackling Inequalities|Fund||||||
|-Herefordshire
Council|||69,744|||69,744|
|Grass Roots|||30,000|||30,000|
|My Age Can|||43,606|||43,606|
|Active Communities||52,665|15,750|||68,415|
|Other Youth Development||4,968|1,752|||6,720|
|Macmillan||943||||943|
|||240,987|180,387|4,053||417,321|
|TOTAL FUNDS||838,411|182,653|||1,021,064|
##
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##
|payable to the|pens|ion
fund between 2024|ion
fund between 2024|and 2026|.|||
|---|---|---|---|---|---|---|---|
|At the year end|the|charity had the following||pension|creditors:|2023
6|2022f|
|Creditors: amounts||falling due within one year (note|||17)||1,400|
||||||||1,400|
|Multi-employee|defined||benefit schemes - lump sum||top-up payments||1,400|
||||||||~1400|
|Employer
pension||costs|for the year were as follows:|||2023|2022|
||||||||6|
|Multi-employee
defined benefit schemes
Defined contribution
schemes||||||15,251
22,516|16,356
21,963|
|||||||37,769|38,319|
##
##
##
|INCOME RECE|I|VED FRO|M PUBLIC INVE|STORS|||||
|---|---|---|---|---|---|---|---|---|
|||||Worcester|||||
|||||-shire|Hereford|Other|||
||||Sports|County|-shire|Public|Other||
||||England
5|Council|Council
5|Sector|Income
f|Totalf|
|Income|||||||||
|Grant income|||801,993|80,607||30,218|11,904|924,722|
|Trading
income|||||||6,575|6,575|
|Bank interest|||||||759|759|
|Total income|||801,933|~80607||30,218|19,238|932.056|
|Expenditure|||||||||
|Programme
management|||72,826|13,767||3,800||90,393|
|Other direct delivery costs|||49,240|23,959|2,065|2,305||77,569|
|Grants issued|||214,301|7.532|67,324|250||289,407|
|Staff costs
General overheads|||263,779
86,009|51,114
~16196|45,000
9,155|33,494
6,265|7,800|401,187
117,625|
|Total expenditure|||686,115|112.568|123,544|46,114|7,800|~976181|
|Reafiocations|(see below)||~11478)|6961|||18439||
|Surplusi(deficit)||for year|104,360|(38,922)|(123,544)|(15,896)|29,877|(44,125)|
|Funds as at 1.4.22|||~146666|45,862|143,350|78,578|606,608|~1021064|
|Funds as at31.3.23|||251,026|8,940|19,806|62,682|636,485|976,939|
|Comparatives|for income||received from public investors||||||
|||||Worcester|||||
|||||&hire|Hereford|Other|||
||||Sports|County|-shire|Public|Other||
||||England|Council|Council|Sector|Income|Total|
|||||8|5|5||5|
|Income|||||||||
|Grant income|||714,286|168,365|200,000|88,496|3,725|1,174,872|
|Trading
income|||||||14,424|14,424|
|Bank interest|||||||40|40|
|Total income|||714286|168365|200,000|88,496|18,189|~1189336|
|Expenditure|||||||||
|Programme
management
Other direct delivery costs|||78,449
47,415|7,280
33,380|1,155|5,950
12,441||91,679
94,391|
|Grants issued|||246,264|41,180|55,257|31,228||373,929|
|Staffcosts
Generaloverheads|||294,696
73,789|34,705
~11353|238|22,471
826|8,606|360,478
~86206|
|Total expenditure|||740,613|127,898|56,650|72,916|8,606|~1006683|
|Reafiocations|(see below)||~4.053)|5,395|||~1342)||
|Surplus/(deficit)||for year|(30,380)|45,862|143,350|15,580|8,241|182,653|
|Funds as at1.4.22|||177,046|||62,998|598,367|~838411|
|Funds as at31.3.23|||~146666|~45862|~143350|78,578|606,608|~1021064|
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|Trad|ing as Active Herefordshlre
&Worcestershire|||
|---|---|---|---|
||Detailed Statement ofFinancial Activities|||
||for the Year Ended 31stMarch 2023|||
|||2023|2022|
|INCOME AND ENDOWMENTS||6|6|
|Donations
and legacies||||
|Grants||810,897|681,579|
|Other trading activities||||
|Course income
PSItakings
Commercial
income||1,340
4,935
300|167
8,606
5,651|
|Investment
Income||6,575|14,424|
|Bank interest||759|40|
|Charitable
activities||||
|Grants and contract income||113,825|493,293|
|Total incoming
resources||932,056|1,189,336|
|EXPENDITURE||||
|Charitable
activities||||
|Equipment
Venue hire
Coaching and tutor fees
Programme
management
Courses
Hospitality
and refreshments
Design and printing
Photography
and videography
Branded merchandise
Bad debts
Depreciation
ofsports equipment
Grants to institutions||4,214
15,059
20,546
90,393
1,712
3,455
733
8,336
22,168
1,346
289,407|1,374
6,894
25,019
103,079
6,150
2,452
870
3,957
33,171
(35)
1,139
373929|
|Support costs||457,369|559,999|
|Wages
Social security
Pensions
Rent
Insurance
Telephone
Postage and niece supplies
Advertising
and marketing
Sundries
Subsciiptions
Training
Travel
Computer
Professional fees
Bank charges
Depreciation
offixtures and fittings
Depreciation
ofcomputer
equipinent
Auditors'
remuneration
Auditor's fees for other services||334,193
29,226
37,768
12,235
4,465
2,274
2,586
774
15,193
9,905
2,603
6,824
10,509
34,727
100
332
6,422
3,885
~4791|298,604
23,555
38,319
9,481
3,685
1,653
7,480
2,908
3,410
11,945
1,272
2,232
18,995
e,'699
166
84
3,076
4,950
6,170|
|||~518812|446,684|
|Total resources expended||~976181|1,006,683|
|Net (expenditure)lincome||~44.125)|~182653|