REGISTERED CHARITY NUMBER: 1184499 the Perlod 19 19 to 31 December Dthd Roblnson FCCA A & S Consult¢Y Shambrook MK44 1LQ
ontents of e Financial Statements for the Period 19 Ju 2019 to 31 December 2020 Report of the Trusteeg Independent Examiners RetNNt Baance Sheet Notes to the Finanual Statements Detailed Statement Finana81 N£ti¥ities
The lub oftheT rthe Period 19 2019to31 D mber2 20 The trustees present their report with the finan(981 Statem of the (arity for Ihe per1j 19 July 2019 to 31 December 2020. The trustees have adopted the provisions of Accountlng and Reporting by Charities.. Statent of Recommended Pradice applicable to tharities preparing thelr accounts in accordance with the Financial Reporting Stand•d applicat4e in the UK Republic ol Ireland (FRS 102) (effectlve 1 January 2019). STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity is controned by tts gOvning d0Ment. a deed of trust and Constitutes an incorporated tharity. REFERENCE AND ADMINISTRATIVE DETAILS Registered Charlty nurnr 1184499 Principal address 111 Bradshaw Way Irchester WELLINGBOROUGH NorthamptonshiTe NN29 7DW Trnstees C Wrght (appointed 19.7.19) (resigned 1.1.20) R Waterfield (appointed 19.7.19) M Waters (appointed 19.7.19) C Beckett {appcAnted 18.1220) Independent Examiner Damd RcJinson FCCA A & S Consultsncy 35 Colworth House Shambrook Bedford MK44 1LQ A4)proved by (xder of the board of trustees on 29 Odober 2021 and signed on its behdf by. M Waters- Trustee Page 1
de The end Independent examinerfs report to the trnstees of The Swlvel Club Cto I report trj the chaiity trustees on my examinalion of the xcourrts of The Swivel Club CIO (the Trust) the period 19 July 2019 to 31 December 2020. Responslbllities and basb of report As the charity tTUStees of the Trust are resp(se for the preparation of the a¢¢Cnts in attordance vAth the requiremerrts crf the Charities Aci 2011 (the Arfl. I report in respect of my exanination rf the Trusfs aCcnts wied crfjt under section 145 of the Act and in carrying out my examination I have foN(rwed al applicable Dire(ons gtven by the Charity Commission under section 145{5)(b) of Ihe ACL Independent examinerfs statement I have completed my examination. I c(Yffimi that no materia matters have come to my attenticm In connection the exarnination giNing me cause to believe that in any materia respect.. accounting reccd$ wwe not kept in respert irf the Twst as rtyuired by sediffi 130 of the Act,. the a¢Cjnts do not 8ccord with those records; the accounts do not comply with the applicable requirements concemlng the forrn content of accounts set out in the ChltieS [ACcUnts and Reports) Regulations 2008 other than any requirement Ihat the acunt$ give a trne and fair ¥iew vthith is not a matter Sidered as part of an independent exwninatiffi. I have no concerns and have c(Yne no othw m8tters in cne(l10n the examinalton to which attention should be drawn in this Twt in ¢Yiler to able a proper undersianding of the accounts to be reathed. David Robinson FCCA A & S Consultancy 35 Coknrth House Colworth Park Shambrook MK44 1LQ 29 Ortober 2021 Page 2
ent of Fin( for the Period 19 Ju A£tivities 2019t Decembe 2020 Unrestricted fund Notes INCOME AND ENDOWMENTS FROM Other trading adivities Other income 26.482 107,922 Total 134.404 EXPENtXTURE ON Charltable activibes Donations Made 17.750 Other 10.845 Totsl 28.ya5 NEf INCOME 105.809 TOTAL FUNDS CARRIED FORWARD 105.809 The noles ft)mi part (rfthese Iln*K4al statemt$ Page 3
an 31 December 2020 Unrestricted fund CURRENT ASSETS Cash at bank 106.359 CREDITORS ($50) NET CURRENT ASSETS 105.809 TOTAL ASSETS LESS CURRENT LIABILITIES 105,809 NET ASSETS 105,809 FUNDS Unrestricted funds 105.809 TOTAL FUNDS 105,809 The financial statements were approved by the Board of TTUStees and arthorised Issue on 29 October 2021 and were signed on its behalf by: M eT$. Twstee R WateTfield- TTUStee Page 4
Notes t FIna4 SLments for the Period 19 2019to31 mber 2020 ACCOUNTING pouaES Basls of preparing the financial statements The financial statements of the tharity. vthith is a pUC benefft entity under FRS 102. have been prepared in accordance knryth the Charities SORP (FRS 102) 'Accounling and Reporting by Charities." Statement of Recommended Practice apwicable to charities preparing their accounts in accordance vath the Finanual Reporting Standard apF4icable in the UK and Republic of Ireland (FRS 1021 (effectrve 1 January 2019).. Finanaal Reporbng Slandard 102 The Financi81 Reporting Standard applicable in the UK and Republic of Ireland. and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. Income Al income is recognlsed in the sts1ent of Fin8ncial AdibTrbe$ ce the tharity has entitlement to the funds, it is probable that the income be reced and the anount can be measured reliabty. Expendlture Liabilities are recognised as expendre as soon as there is a legal conslructive obligallon comnNtbng the charity to that expendilure, it is probable that a transfer of economic benefits will be required in settlement and the amnt of the obgatiOn can be meagured reliabty. Expenditure Is accounted for on an accruals basis a)d has been classified under headings thal aggregate all cost related to the (ateg(ry. Vlhere costs n01 be directy attributed to particular headings they have been thcaled io a#ivilies a basis Csistant ¥ilh the use r8sourcas. Taxatlon The charity is exempt frrm tsx on its thwitable adi¥ibes. Fund accounting Unrestricted funds can be used in >danI2 lIh Ihe thaitajle Wves at the discrellon of the trustees. Restricted funds can only be used for particulw regtrlcted purposes vAthln the objects of the tharity. Restrictions arise hJen speafied by the dor or then fund$ are raised for particular restticted purposes. Further explanation of the nalU and pUose ol eath fund is induded in the notes to the financial statements. Going concern The financial statements are prepsred on a golng o)ncem basis. under the historicd co¥t convention and on the assumption the tharty v1 continue its operations for the foreseeable fvture. 'Although the fund raising adTrvities of the ChrtY have been severely affected by CoMd-19, the assets of the Charity are substsntialy represented by cash held at bank. The Trustees believe that it is appropriate to prepare the &rcounts on a gcAng conL*m basis., Page 5 continued...
Notes to e Financi rthe Period 19 Ju tatemt - continued 2019 to 31 Dmber 020 OTHER TRADING ACTMTIES Fundraising events Shop InMe 16,755 9,727 26,482 TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, remuneratÉon or other benth the peri ended 31 December 2020. Trustees. expenses There were no trustees. expSe$ paid for the wlod ended 31 Da¢)er 2020. CREDITORS: AMOUNTS FALLING DUE THIN ONE YEAR Other cxedltors MOVEMENT IN FUNDS Net movement funds 31.12.20 Unrestricted funds Geral fund 105,809 105,809 TOTAL FUNDS 105,809 105.809 Incoming Resr¢eS Movement resr¢e8 expended in fvnds Unrestricted funds General fund 134.404 (28.595) 105,809 TOTAL FUNDS 134.404 (28.595) 105,809 Page 6 contlnued...
s to the Financid forthe Period 19 tatefflents. tinued 2019to December 2020 RELATED PARTY tMSCLOSURES There vMre no related party transactic$ the wiod ded 31 December 2020. Page 7
Detailed Ststement of Finan(aal Actibibes r the Period 1 Ju 2019 to31 ecember 2020 INCOME AND ENDOWMEpirs Other tradlng activlties Fundraising events Shop income 16.755 9,727 26.482 Other income Government grant Transferred from old thwity 10.000 97,922 107,922 Total Incomlng resources 134.404 EXPENDITURE Charttable actlvities 17,7XI Support costs Governanee costs Insurance Telephone Printing. postsge & station Sundries Accountancy and legal feeg Event costs Advertising Maintenance Licensing 479 219 1.020 5,070 580 2,255 20 10,845 Tota resources expended 28,595 Net incomo 105,809 This page does not frffti part of statutory finandal statements Page 8