| Page | ||
|---|---|---|
| Report ofthe Trustees | 1 to | 24 |
| Report ofthe Independent Auditors |
25 to | 28 |
| Statement ofFinancial Activities | 29 | |
| Balance Sheet | 30 | |
| Cash Flow Statement | 31 | |
| Notes to the Cash Flow Statement | 32 | |
| Notes tothe Financial Statements | 33 to | 43 |
| Detailed Statement ofFinancial Activities | 44 to | 45 |
| 2021 | 2020 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Tota I | ||||
| fund | fund | funds | funds | ||||
| Notes | f | E | f | ||||
| INCOME AND ENDOWMENTS | FROM | ||||||
| Donations and legacies |
3 | 1,183,309 | 1,002,963 | 2,186,272 | 1,599,123 | ||
| EXPENDITURE ON | |||||||
| Raising funds | 4 | 11,556 | 11,556 | 12,258 | |||
| Charitable activities |
|||||||
| Sport and human | rights | 881,679 | 649,624 | 1,531,303 | 1,107,000 | ||
| Total | 893,235 | 649,624 | 1,542,859 | 1,119,258 | |||
| NET INCOME | 290,074 | 353,339 | 643,413 | 479,865 | |||
| RECONCILIATION | OF FUNDS | ||||||
| Total funds brought forward | 321,076 | 196,352 | 517,428 | 37,563 | |||
| TOTAL FUNDS CARRIED FORWARD | 611,150 | 549,691 | 1,160,841 | 517,428 |
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restrkted | Total | Total | |||
| fund | fund | funds | funds | |||
| Notes | 6 | 6 | 6 | 6 | ||
| FIXEDASSET5 | ||||||
| Tangible assets | 12 | Tp615 | 7,615 | 5,694 | ||
| CURRENT ASSETS | ||||||
| Debtors | 13 | 642,146 | 469,696 | 1,111,842 | 375,792 | |
| Cash at bank | 124,089 | 790K | 204.085 | 24~82 | ||
| 766,235 | 549,692 | 1315,927 | 617374 | |||
| CREDITORS | ||||||
| Amounts falling due within one year |
14 | (162,700) | (1) | (162,701) | (105,640) | |
| 603,535 | 549,691 | 1,153,226 | 511,734 | |||
| 611,150 | 549,691 | 1,160+41 | 517rQS | |||
| NETASSETS | 611,150 | 549,691 | 1,160W1 | 517,428 | ||
| FUNDS | 16 | |||||
| Unrestricted | funds | 611,150 | 321,076 | |||
| Restricted funds | 549,691 | 196,352 | ||||
| 1,160,841 | 517,428 |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| Notes | E | E | |||
| Cash flows from operating | activities | ||||
| Cash generated from operations |
1 | (31,674) | 210,358 | ||
| Net cash (used in)/provided | by operating | activities | (31,674) | 210,358 | |
| Cash flows from investing | activities | ||||
| Purchase oftangible fixed |
assets | (5,823 ) | (4,056) | ||
| Net cash used in investing |
activities | (5,823) | (4,056) | ||
| Cash flows from f)nandng | activities | ||||
| Increase/(Decrease) in group creditors |
(162,737) | ||||
| Net cash provided by/(used |
in) financing | activities | (162,737) | ||
| Change in cash and cash equivalents | in | ||||
| the reporting period |
(37,497) | 43,565 | |||
| Cash and cash equivalents | atthe | ||||
| beginning ofthe reporting |
period | 241,582 | 198,017 | ||
| Cash and cash equivalents | at the end | ||||
| ofthe reporting period |
204,085 | 241,582 |
| RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES |
RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES |
RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES |
|
|---|---|---|---|
| 2021 | 2020 | ||
| 6 | f | ||
| Net income for the reporting | period (as per the Statement of | ||
| Financial Activities) | 643,413 | 479,865 | |
| Adjustments for: |
|||
| Depreciation charges |
3,902 | 2,409 | |
| Increase in debtors |
(736,050) | (332,176) | |
| Increase in creditors |
57,061 | 60,260 | |
| Net cash (used in)/provided | by operations | (31,674) | 210,358 |
| At 1.1.21 | Cash flow | At 31.12.21 | |
|---|---|---|---|
| E | f | E | |
| Net cash | |||
| Cash at bank | 241,582 | (37,497) | 204,085 |
| 241,582 | (37,497) | 204,085 | |
| Total | 241,582 | (37,497) | 204,085 |
| DONATIONS | AND LEGACIES | ||
|---|---|---|---|
| 2021 | 2020 | ||
| E | E | ||
| Business donations | 144,126 | 167,091 | |
| Foundation | grants | 1,319,186 | 611,192 |
| Government | grants | 322,930 | 310,947 |
| Sports body | donations | 400,030 | 509,893 |
| 2,186,272 | 1,599,123 |
| Raising donat | ions | and legacies | ||||
|---|---|---|---|---|---|---|
| 2021 | 2020 | |||||
| E | E | |||||
| Consultancy | 6,129 | |||||
| Wages | 11,556 | 6,129 | ||||
| 11,556 | 12,258 | |||||
| CHARITABLE | ACTIVITIES COSTS | |||||
| Direct | Support | |||||
| Costs (see | costs (see | |||||
| note 6) | note 7) | Totals | ||||
| f | f | E | ||||
| Sport and human | rights | 962,331 | 568,972 | 1,531,303 | ||
| Comparatives | for | the year ended 31December 2020: | ||||
| E | E | |||||
| Totals | 927,408 | 179,592 | 1,107,000 |
| 2021 | 2020 | |
|---|---|---|
| E | f | |
| Staff costs | 564,627 | 456,918 |
| Consultancy | 256,674 | 305,727 |
| Reports &other communications | 14,522 | 51,282 |
| Other costs | 126,508 | 113,481 |
| 962,331 | 927,408 |
| Management | |||||||
|---|---|---|---|---|---|---|---|
| and | Information | Governance | |||||
| administration | Finance | technology | costs | Tota Is | |||
| E | E | E | E | E | |||
| Sport and human | rights | 512,123 | 1,558 | 52,791 | 2,500 | 568,972 | |
| Comparatives | for | the year | ended 31December | 2020: | |||
| E | f | f | E | E | |||
| Totals | 156,940 | 1,473 | 18,679 | 2,500 | 179,592 |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| E | E | ||||
| Auditors' | remuneration | 2,500 | 2,500 | ||
| Depreciation | —owned | assets | 3,902 | 2,410 |
| STAFF | COSTS | ||
|---|---|---|---|
| 2021 | 2020 | ||
| E | E | ||
| Wages | and salaries | 685,277 | 455,724 |
| Social | security costs | 42,283 | 43,302 |
| Other | pension costs | 41,678 | 30,197 |
| 769,238 | 529,223 |
| 2021 | 2020 | |
|---|---|---|
| Staff | 10 | 5 |
| 2021 | 2020 | |
|---|---|---|
| E60,001 - E70,000 | 1 | |
| E70,001 - E80,000 | 1 | |
| E80,001- E90,000 | 1 | |
| E100,001 - E110,000 | 1 | |
| E210,001 - E220,000 | 1 | |
| E240,001 - E250,000 |
| FOR T | HE YEAR ENDED 31DECEMBER2021 | HE YEAR ENDED 31DECEMBER2021 | HE YEAR ENDED 31DECEMBER2021 | ||
|---|---|---|---|---|---|
| 11. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | ||||
| Unrestricted | Restricted | Total | |||
| fund | fund | funds | |||
| E | E | f | |||
| INCOME AND ENDOWMENTS | FROM | ||||
| Donations and legacies |
789,621 | 809,502 | 1,599,123 | ||
| EXPENDITURE ON | |||||
| Raising funds | 12,258 | 12,258 | |||
| Charitable activities |
|||||
| Sport and human rights |
319,620 | 787,380 | 1,107,000 | ||
| Total | 331,878 | 787,380 | 1,119,258 | ||
| NET INCOME | 457,743 | 22,122 | 479,865 | ||
| RECONCILIATION OF FUNDS |
|||||
| Total funds brought forward | (136,667) | 174,230 | 37,563 | ||
| TOTAL FUNDS CARRIED FORWARD | 321,076 | 196,352 | 517,428 |
| TANGIBLE FIXEDASSE | TS | |||
|---|---|---|---|---|
| Fixtures | ||||
| and | Computer | |||
| fittings | equipment | Totals | ||
| E | E | E | ||
| COST | ||||
| At 1January 2021 | 1,843 | 8,284 | 10,127 | |
| Additions | 1,681 | 4,142 | 5,823 | |
| At 31December 2021 | 3,524 | 12,426 | 15,950 | |
| DEPRECIATION | ||||
| At 1January 2021 | 92 | 4,341 | 4,433 | |
| Charge for year | 406 | 3,496 | 3,902 | |
| At 31December 2021 | 498 | 7,837 | 8,335 | |
| NET BOOK VALUE | ||||
| At 31December 2021 | 3,026 | 4,589 | 7,615 | |
| At 31December 2020 | 1,751 | 3,943 | 5,694 | |
| DEBTORS; AMOUNTS | FALLING DUE WITHIN ONE YEAR | |||
| 2021 | 2020 | |||
| F | E | |||
| Trade debtors | 926,358 | 236,246 | ||
| Other debtors | 36,671 | 224 | ||
| Accrued income | 137,277 | 121,382 | ||
| Prepayments | 11,536 | 17,940 | ||
| 1,111,842 | 375,792 |
| CREDITO | RS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
||
|---|---|---|---|
| 2021 | 2020 | ||
| E | f | ||
| Trade creditors | 27,960 | 47,598 | |
| Amounts | owed to group undertakings | 7,854 | |
| Social security and other taxes | 18,923 | 8,128 | |
| Other creditors | 482 | ||
| Accrued | expenses | 2,500 | 3,397 |
| Deferred | income | 112,836 | 38,663 |
| 162,701 | 105,640 |
| 2021 | 2020 | |
|---|---|---|
| E | f | |
| Within one year | 3,949 | 3,949 |
| Between one and five years | 8,886 | 12,835 |
| 12,835 | 16,784 |
| MOVEMENT | IN F | UNDS | |||
|---|---|---|---|---|---|
| Net | |||||
| movement | At | ||||
| At 1.1.21 | in funds | 31.12.21 | |||
| f | 6 | 6 | |||
| Unrestricted | funds | ||||
| General fund | 321,076 | 290,074 | 611,150 | ||
| Restricted funds | |||||
| Sport and human | rights | 196,352 | 353,339 | 549,691 | |
| TOTALFUNDS | 517,428 | 643,413 | 1,160,841 |
| Incoming | Resources | Movement | ||||
|---|---|---|---|---|---|---|
| resources | expended | in funds | ||||
| E | E | E | ||||
| Unrestricted | funds | |||||
| General fund | 1,183,309 | (893,235) | 290,074 | |||
| Restricted funds | ||||||
| Sport and human | rights | 1,002,963 | (649,624) | 353,339 | ||
| TOTAL FUNDS | 2,186,272 | (1,542,859) | 643,413 | |||
| Comparatives | for | movement | In funds | |||
| Net | ||||||
| movement | At | |||||
| At 1.1.20 | in funds | 31.12.20 | ||||
| E | E | E | ||||
| Unrestricted | funds | |||||
| General fund | (136,667 ) | 457,743 | 321,076 | |||
| Restricted funds | ||||||
| Sport and human | rights | 174,230 | 22,122 | 196,352 | ||
| TOTALFUNDS | 37,563 | 479,865 | 517,428 |
| Incoming | Resources | Movement | ||
|---|---|---|---|---|
| resources | expended | in funds | ||
| E | E | f | ||
| Unrestricted funds |
||||
| General fund | 789,621 | (331,878 ) | 457,743 | |
| Restricted funds | ||||
| Sport and human | rights | 809,502 | (787,380) | 22,122 |
| TOTAL FUNDS | 1,599,123 | (1,119,258) | 479,865 |