FOR AVONTENN]S 2 Oakfield Road Bristol BS8 2AL
AVON TEms CONTEfqTS OF THE FINAF4CIAL STATEMEN15 FOR THE YEAR ENDED 30 SEpfKMBER 21)22 Report of the Trnstees Ind¢porAdtsnt Esaminer's Report 7 to 8 ststemellt orDelAI Adivitie BalAJe¢ Sheet 10 to 11 Notsj to the Fittanciol Statsments 12 to 22
AVOP4 TENNIS (REGISTERED NUMBEK. 1188388) REPORT OF THE TRUSTEES FOR THE YEAR EfiDED 30 SEFfEMBER 2022 The trustees who are also directorn of the CIlty for the putpose8 of the Companies Act2006. presellttheir report with the financia] statements of the charity for the year ended 30 September 2022. The treeS have adopted t provisions of Accounting and Reporting by Cfftwities: Statement of Recommended14xctice applicable to chaTiti¢s preparirftg their accounts in a¢c4)rdance w2th the FirJan¢1 Reporting Stat}dd applicable in the UK and liepublic of Ireland (FRS 102) {etYective l January 2019). fNCORPORATION The Charitable company was ine4)ryxrted on 6 Ma2020 but dtd not commence trling until l Octob¢r 2020. The fjjtth ofthe orinl 0ciatiOn we transfThJ to th¢ new CIO with effec4 from l oCtoE 2020. OWECTIVES AND AcrIvrriES Obje¢tlve8 and aiD The Avon Tennis Tn]8tees review the aim4 Objectiv ond activitiG4 of the charity each year. The Avon Tetinis charity regularly Teviews tbe success of key activities and the benefits the charity brought to those groups of people that it is set up to help. reviews also help the Avon Termis Trustees etL%ure the ¢hity'S aim objectives and activities remained focused on its stated Purpo. This rel refjects on what the charity ]]as acbi¢ved and the outcomes of its WO in the rewt1ngpio The truste¢5 have referred to the guidance wntsined in the Charity COM]Di10n,$ general 8uid8nce on public Lxnefit when reviewing the ctwity's &illL8 aDd objecttves and ill planniDg its fvture a¢tiviti¢s. In parttcular, the tnL8te¢s wnsidcr how pknned activities will contribuÈe to tho aims 8td objertives that have 8eL The promotion of eommunity participAtion in healthy recrntion for the benefit of the inhabitants of the are fornerfy known as Avon (Bath & N E Somerset, City of Bristol, N Somerset and S Gloucestershire) by the provtsion of facilities frirpl&ying tenDi& Sigllificant aetivili¢8 - Manage the develorAneot of tenDiS in AvotL . Support jurrior t¢tll)18 dèv¢lopm¢nL Andudlg thc of coachiDg and compeiitioiis. . Promote and support inclusive alwj disabled te18 through at8nge of different initiati. - l)rovide bursaries to individuals who wish to be¢ome and develop as LTA qualified atld accredited ¢oachag thus enabling more people to learn and develop theirtamis playing ability. - Provide wants to tennis clubs enabling them to outreach tennis programmes in the local comnLUDity. ¢.g. schools> youttL clubs, rtc. alld develop theiT own faciliti lo incre&se ina SLknttb1e and safe environment. Page I
AVON TENMS (REGISTERED IWMBEIL. 118W) REPORT OF THE TRUSTEES FOR THE YEAR EIYDED 30 SEpfEMBER 2022 Publie benefit The Trustees confirn) thatthey have complied with theirduty to h&ve due regard to the guidance on public benefit published by the C]wity Commission in exercising their powers and duties. The pubRic benefii of the Charity's activities is the tmnotion oftennts &8 ahealthy sport open to evtryone in the coiw. SOCI investmellts Avon Tennis does not have a SIfiC policy on social inve8ttnenL butmuch of Its work is for the E¢nefit of those in Avon enabling all individuals to access a sporL and the healthy lifestyle it bIings, includitig those with a disability. Gr*nt making Avon Tenni8 h&% policies in Pla for the grants it makes to coaches and tennis venu¢& There are 4Jecifi¢ ¢riteria to be met and obligations to fulffl, to ¢A)sure the WAll be efftive in growingthe gam Voluntsers All TnBtres and member8 of tho Executive, Financ¢ & Audit COnAde¢ and Sub-ContteeS are voluTtteerB and as such give their time fretly. Page 2
REPORT OF THE TRUSTEES Ch4Titable aetivities The year, to septem 2021 w&s one of ren)VffiD8 frLYn the COV19 restri¢tions and briDgng "notmaiity. back to the tetjnis 5chethde forplayers a1 cluiks. Tennis was fortuDatr as being one of the fjtst stK)rts lo OpTrup so we had an advantage bui we Continu to w¢ a Mix of MJ1& This inclutsl the now eoujmon tschnolo8y of ' and"Teams" to deliver online eVts to SiUM)rt cknb voliniteer4 plaYS atsd coach¢s and assist with 8ny ¥ey issues and chalkllges (fina11 a1 wactical). On nearly 2(Ki juniors {8ged 8 to 18) atteDkd regular Courrty cothg from January and their T onanational tealn b&8is dwingthe yearw&stheb&st everwith amajorAty ofthe teams rea¢lngtheNfittonal Fina]s. Of particu]arnote was the Girls 14 andundtttram Trybol¢8MeNati0rl cFAnp1o èndcoDsequently were along with the boys te toreEYeSentEDgla[ inthe HomeNa¢ion8 Tow[tL The team subseqwitly won and became Home Nati(L8 CbanipioA8. A variety of c4)mFtitions were beld drougbrArt tE¢ y, rovuing all age grout4 atml the ev¢r p)pul&r Avon recoverèl from COVIDrestrictiotLq kn lthvemethOll 700p]e playing every Friday dutingthe summer Grant knding w&s w0vid to tiine projects to Lssist the gromh of IncR10n and disabÈbty at14)cal clubs. Th&8e ojects covered awide raDgeofindividu8L8. ]lUd. ttmise with IKariDgpmblents" aPttinsons' group. visualty impaire4' leamiDg disabilitiffj an all IntrUCtion to waiknng teonls {to 1p tlJ)se reAxyvering from hifve swgery cf J4t W8nting to getactive agaAn>. We 8]sowisted with but5aries toelevencoxb&8 wdntiDgto develop11ves aDJc]iD)b the coaching pathway. Three Th loaw wtre provideAJ to help imwove atMI dev¢l(y Club llI14 thus e]1£ them to inoEase their and Caty to memb¢r8 of the I(1 wDJnuaity. fknpite the economic pressurts our corymte ptss We keen to swrtaV8riety of activities. it]cluding junior developmen¢ disability tennis and othrea¢h We ate 4JpKecialive of tr¢ comTnitment given and their contribuÉion truly maka areal difference. ImvestM¢ffjt perforniance valuation of th¢ fiDbJs.
REPORT OF THE TRusfEES FOR THE YEAR ENDED 30 SEPTEMBER 2022 NANcL REw Financial position In¢ome for the yeaT w&8 predominantly relate41 to clubfvenue Te8istr8tion f¢ts. Y10T Training Squads, Avo TennisLtagues andpartnership fidi Tr ¢haT1S ItOrne for the periiKI ut)d¢r r¢vi¢w amounted to £171517. %direaM0vlltedto $204.990, re5ultingin anoperational Ic6s forthe year of£32.473. This loss was prirnarily due to the swcess of our teams in the LTA County c COmtitIon Ttsulting in uneXCted travel, accomEtLIMlation andm¢al the 14 anduuderteam llng &skoltorepTrWtEngaT attheHome Nattons toumament (¢£6.O¢Y)). In addition. with finAnci41 maTkcts goiDg throu a downtum to both home and I[EternOnal facto. o investments fell in value. As at the end of & year the 10&8 on invastments w89 £44,681 At 30 September 2022 totaiunrestrictedfutjds amountedto£292,E07 of which £270.925 washeld inan investment portfolko to Create legacy as stated in Avon T&wis RGsav¢8 aA Investmeth" policy. The c&sh tMx%ition of the cbarity was £25,7Tr) at the Year- da with I]d as Eestsicted fun(Is for the delivery of tk"Ta¢k]ing Iwualities Fund". Prlncipal funding sources The clwitgs PTin¢itd sources of fimding remairs frn reiOn frotn the member cluEts and venues. The charity also reIVeS a grant from the 12wn Temiis Ass(Kialion (LTA) towar¢L8 the casts lated to Junior traintng Illvestmenl pojlcy attd objeclives The clwity's inve5tsnents are in a wide r8nge of low to mfyjium risk illteTnthon whose obi¢ctivcs arc to Ruerv&4 poiiey ReservBs are held to Si two years, 011 costs. 8llow growth to geneTrte a stable and su8tAinAble return 10 lind grdlli bursary and loan fun(liDg alY111&' SUPFrtxr for the Iong-terni heth of the srt and llL8nage GoiDg coneerD The trustw have identified no SIlficallt short or med&um terni financial Tisks to the charity's conti Coverning documeDt The clwity is controlled by its governing diKutneTh4 adeeAJ of tr¢ BDd Wrltte3 a limitrAJ company. limited by guar8nte4 &$ def]ned by ts comlieS Act 2(K.
AVON TENNIS (REGISTERED NUMBEIL. 118838 REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 SEFfEMBER 2 STRUCTURL GOVERNANCE AND MANAGEMENr Chrity CO$t1tiOn The charity is consLithted in the forni of an A&kation Charitable In¢(ffp)rated Organisation (with voting llLe4Dber8) with limited liability. Recrultment appoSDtmeDt of truste¢8 Tntee8 are elected at the AGM by the rnembers of Avon Tennis CIO. Officers of Avon TenDiS Executive Comrnitfre serve for one ye&r, otherTrustees see for an initial riod of 3 yegrs. Ownisaliollal structsre The Clwity h&$ a Tnt Boarf which is responsible for the FiEJance & AlIt CoD]mitr£e and the Executive Cornmittee. Th¢re is a180 a League Con)nith and Tennis D¢velopment or0, Ove by the knutive Coullnittee. Avon Tennis wodts clos¢ly with its m¢mb¢r clth and tOlS venues, andthe LTA (governing body for tenDiS in the UK). Ile¢ision NAking The TnLgtees me¢¢ regularly to discuss matters such as its ain, objectives, fmancial position and the fithe dition of the Tn]sL making suTr all ttvstees have the opporLunity to particip&t& All decisions made att duly d¢xumenteiL Rlsk matyagemellt The tnL8tees cojnply with ibeir duty to identify and review the risks to which the charity is exposed and to Vre appropriate controls in place to provide reasonable as8urance against fraud and error. Registered Charity llumber l L88388 R¢gfi$t¢red otllce COOM Dingle Sports Centre COOM Lane Bristol BS9 2BJ Trustees C J Satnpson Mrs K F CurIing A G Barker A R D McArthur (resigDed 15.11.22) l A]exander Page 5
AVON TENNIS OiEGISTERED NiJMBER: 118&488) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER 2022 REFERENCE AND ADMINJSTRATIVE DETAILS Company Se¢r¢tary C J S8mpson Independent EMiner Philip Evans Bsc FCA PJE Chart¢red ACuntants 2 Oakficld Road Clifton Bristol BS8 2AL This report has been prepar¢d in accordance with the special pn)visions of Part 15 of the Companies Act 2006 relat(ng to small wmpanies. AppVed by order of the krf)ard of trS¢S on.... blf£ C J Sampson- Secretary Page 6
INDEPENDEI¥T EXAMINER'S REPORT TO THE TRusfEES OF AVON TEI¥MS Ind&pendellt examiner's report to the trustees of Tenni$ C*he Company,) I report to the Chty ttte on my eX8D)ltiOn of the accounts of the Company for th¢ year eIed 30 September2022. Re8ponsibllltle8 and b4sts ofreport As ch8LIty's teS of the Company (and also its direLtOT3 for tk purpw of company law) you are responsible for the pryaration of the acci)unts in accorda with the requirements of the Comp8Die5 Act 2006 Cthe 26 A¢V). Having satisfied my8e]f that the accounts of the Company are notreqillred to be audited uthPart 16 ofthe 26 Act ond are eligible for indeplldent minatiO I report in respect ofmy examinthon ofyourcharity'8 accounts as ¢8nted out under Section 145 of the Charities Acl 2011 (Ihe 2011 Act,). tn carrying out my examition I have follow tbe DiwttOn8 given by the Charity Commi10 under Section 145(5) (b) of the 2011 ACL
AVON TENNIS Independent exawiller's statem¢nl I have completed my examinatsoL I confirm that Matt Iw u)me to my attqttion in conne£tion with the or the a¢counts do not compty with the a¢Uting rwrirnents of 396 of the 2C&)6 Act other than the accouEts bave t Eeen wq)arol in Accord with the aThl prilPleS of the Statemalt of Recommended Pta¢tice for acc4)UDtiDg and reFKrting by charities (applicable to cl)arities preparing their accounts IDcOrd8ntt withtheFi[wi ReFMxtiD8StstuJatdapplic•ble inthe UKandRqiublic ofIreland (FRS I02)1 should be drawniu this report in othto pA)able 8 UtmknsOf the accounts to Ee reacTr[ Fthilip Evans Bsc FCA 2 O&fi¢ld Road C]ifton Bristol BS8 2AL
AVON TEI¥MS FOR THE YEAR KI¥DED 30 SEPTEMBER 20n 30.922 Total fuDds 30.9.21 Total INCOME AND ENDOWMENtS FROM Charitsble activitie8 Parth¢rship funding Partyer8hip fulfi]ment Regtstr8tion feos Junior training squad8 es & competitions 47020 28,426 26,740 23540 47020 28,426 26,740 23,54D 22,688 26.448 22,052 11086 370 Ting Inequalities wt GoverntD¢nt * (CJBS) 8,100 3,009 Investrient in¢ollLe 10,643 Totsl 167J17 172 Investment managernent Costs Charitable activikn¢g County cup Partn¢Tsbip fulfilment Court booking fe¢s - Othffls Court ly)oknng fees- Juniors Juniot county Coaching fees Other direct expajses Grants 2nd bursalies distiilmjt Support Costs 61.059 28,426 IS469 11,165 1&161 11905 61,059 28,426 IS469 11,165 23,161 11,905 7,084 14,990 2,303 9,536 22,810 5,375 6,276 3284 Totsl 101516 Net gairJs/{losses) oninVeJtMts NET INCOMEJ(EXPENDTfuRE) (73NI) (77,155) (16.116) RECONCILIATION OF FUNDS TotaE fund8 iyow forward S474 3T£,012 388,128 TOTAL FtrNDS CARRIED FORWARD 292ffj67 294 372,012 Page 9
BALANCE SHEET 30.9.22 RestriLXed Total fimds funds 30.9.21 Total T8gible assets Ittvestments tnvegtments 618 618 271L925 270925 346,785 314917 314917 368.117 Debtors C&gh at E4nk li 1.565 31230 CREDITORS 12 (74) (44744) (2&335) LIAB]LrrIEs 291667 U90 2941 371012 2J 13 UnT£gtrict¢d funds.. Restiieled fiin¢l8: 292,667 366,538 29 857 372 012 The ¢haritsble c4)mpany is entitleAJ to exemption from avnI Se£tion 477 of the Comp]1 Act 2006 for the year ended 30 seetb2O22. Th¢ members ljave not • the cimnpany to obtsin an alIt of its fiDancial stst¢ments for the year ended 30 S¢ptember 2022 in acconkn with SectÈon 476 of the cLmno[u ALI 2(X)6. Page IO
AVON TENNIS OIEGISITRED NI3MBEIL. 118LI88) BALANCE SHEET. eoDll•wl 30 SEPTEIWBER 2022 (a) ¢nring that Ihe dwilable Lxpn¥wy krys th& Lximply Se(%1s 386 &MI 387 of thc Compaoi¢s Act 2006 and (b) financial stat¢Jnert8 Ththich give a In and f•w of the sLqte of of th¢ dwitabl¢ company Is at th¢ of ¢ach fin1 year &)d of its sury)lus or deficit for Cath finan¢iai year in a¢¢oThl8nce Fwith the re4Wirem¢J of 394 aDd 395 wh(L otbefwise mplY with the requireMty of the comp¢$ Act r¢tstitig to financi Statrm far &s applicable to th¢ 21?kn.Cyrtart...XoJa..... attd wee sigDed (m its bdlrby. C J Sau4)$(. Pwii
AVON TENNts Basis of preparing the financi sttsments The financial statements of the charitsble COMF. which 18 a wblic t[ty wider FRS 101 have been prep8Jtd in aecordance with the Cbaritias SORP (FRS Etr2),AlmtillE and Repoitillg by cEitieS.. the FinanciaI RcErf)rting Stsndard appli(able in the UK Republic of Ir¢lwyJ (FRS 102) (effective I January 2019).. FinarKial Rwting &aDJard I2 Tr Fin8ncial ReFQTtsDg stand applicable inthe UK and Republi¢ of Ireland, a] the ComFAni£s Act 2(. The fiDarKial 5tatallents have E¢eD ptrpared w)der the histl¢al cost conventiofy with the ex•ion of investmajts wFllcb e inc1led at market val mix11fi by the revaluation of cutsin assets. nallcial Ye)rtIng standard 102. reduced dnel(wre aemp¢ioRs The cTrparitable wmpany IHS taken Ldvantage of the following di1(re extyion8 in rning these flljancial statements, as witted by FBS 102 Tr FiDatKiAI Rqw standa applile inthe UK and Republic of Ireland,: the Tquirem&ts of S¢ctton 7 Statement of Cth Flows: the requiremezrt of pardgrdph 3.17((D' the r4uirem¢uts of paragraplL8 11.41 11.44, 11.45, 11.47. 11.48(aKill), 11.48laXiv), 11.48(b) and 11.48(c)' the requirem of paragrapbs 122A 12.27. 112SXal I12) arml 1229A' the rVIteMent of Fwa2raph 33.7. the wuir¢ment oftAraw)h 24lb) of IFRS 6. Ineome All income is rgnIsl itL the Ststallent of FiDanciaI A¢tivitie8 the thrity has entÉtiement to t fun&s. it its Wble that tE£ in(x)me will be reIVed a1 the atnount caD Ix nie&surwJ reliably. Government gwts which the entity reKogDiW the relatrA costs frr whi¢h the grdllt is inten(kd to Com. A Erant that Ixcomes rectivable ag ¢OmF¢nsation for expw or Ie5 already IncUtt or for the pu4x)se of giving immediate financial supwt to the entity with no fijttre relatrA] (x)sts SWI recogniwl in in¢ome in the period in which it E¢)rn recav8bl EXpendItre Liabilities ar¢ rexognised &8 exEwditvre os soon & there is a legal or constnthvc obligdtion wrnmitting the charity to that expendiliirfy it is prnbable that a trattsfer of (1¢ b#fits will be requir&J in settiem&tt and the atnount of the oblÈgation be measutThl reliably. EXdite is for on an ac¢nlS b&8is alld h&% Een CIlfieAl ulliknheathngs that 2gmate all cost related to the category. V/here costs cannot be d]rtlY attnbuted to pti¢aT l*adings Ilw have been allocated to activities on a basis consistent with the use of resource& Page 12 ntinue¢l..
AVON TENNIS AccouNfiNG POLICIES. contE#ued Expenditure Grants offered subiectto 1t10hIChh&venOtirnCtatthcYeartt date noted&8 a¢ommitment Tangible fixed Mtts efi Irf Offi equipment Computer equipment . 2(PA cast 33% ffl cast Soeial investmellts iJKlude ¢apital inv&stmenL Taxation Fund A¢¢oulltiDg liestricted fiu¥ls ¢an only ir for Fort1ar restrict&J [ArPC within ts objects of the thlty. Fwtber explanation of the Dature purp(xs¢ of eh fjJl is IndUd in the notes to the financia] stst¢m¢nts. Pension costs 2nd other t-retIremellt benefits The charÈtable company (yeratcs a defin&J contribution r*tL%ion scherne. Contnl)utions payable to the dJ2ritsble c(Knpany's peJ]sion scheme are chty to the Ststemart of Fm8ncial Activities in the Friod to which they relate. Investments tnvestments are a forni of b1¢ fInanC irLgtrument arxl ore initially rognISed at their traaction value and subseqtM]t]y at their fair Val as 8tthe balae sheet date using closing quotsl market price. The stotejnent of finallc1 activiti i]ude the net gal and losses lsing on revaluation and Page 13 continuell..
AVON TENrqis NOTES TO THE FINANCIAL STATEMENTS. eottliDDed FOR THE YEAR ENDED 30 sKFfEMBXR 2022 ACCOUNTING POLICIES. i))mtillMe41 ImYestw¢nts All gaiTh8 And are tsken to the St&tanent of Activiti &8 they arise. Realised gdiDS and value OT their purchase Val if acquired subsw to the first day of the financial year. UnTealised gains and Ios8&8 are ca]culated &% the diffeffen Ettween fair Val at Ik year-end and their conying value. Realised and inVtslme and are ¢anbilled in Statement of Financial Activities. The ti1n forni of fllwKial iisk by the cknity is that of volatility in cllty markets atsj investment mwkets due to wider econ(ffnic colitI0. the attit of iDvCSto to investment risL and Changes in 31K9.22 30.9.21 10,643 3.607 403 4.010 SiJPPORT COSI3 Support COM includeAJ inthe Statement of Artivitie4 are &% follows: 30.9.22 30.9.21 Advertising 335 36 1,620 330 Depre£iation exwÈ ID5UTallce IT software and Conswnables 2nd prof1onal fees Payroll ma1)aent fee PensioE Printing, IX6ta8e and stationery Rent and rates Subscriptio9 Telephone wag and sakni&s 1,500 1,118 3,657 650 1,436 534 932 240 1.063 27,798 1.594 261 670 200 882 9 40226 Page 14 continue<L..
AVON TENNIS FOR THE YEAR ENDED 30 SEFfEMBER 20n 31L922 30.921 3(L0922 30.09.21 1.51 TRUSTEES, REMUNERATION AI¥D BENE y¢aT ¢nd¢d 30 S¢ptemtff 2021. 30 September 2021. Page 15
AVON TEIYMS NOTES TO THE FINANCIAL STATEMENTS. oMflnpJe41 FOR IHE YEAR ENDED 30 SEpfEMBER 2022 The avera8e montbly nwoiwof employeeo the year w&s followy: 30.9.22 30.9.21 No employe rerzivol emolutllents in excess of£60,(KI). TANGIBLE FIXED ASSETS ipmott e4wipm&tt Totals COST At l (ktober21ni Additio 2,827 47 654 At30 Septemlu 2(r22 181 DEPRECIATION At l October 2021 Charge foTyear 1.700 427 At 30 Septanber 2¢122 NET BOOK VALUE At 30 September 2022 618 618 At 30 Septembez 2021 Pagr 16 c0fttinu..
AVON TENMS VOR YEAR E14DED 30 SEFfEMBER 21122 List¢d investments AÉ l Octoiw 2021 Additions at C05t 346.785 11.143 (42.321) Net g{108$) on revaluation AI 30 Sept¢mb¢r2022 270925 Net rele&q&1 fr(lln the in the ywwas £31.178 (2021: £10,115). NET BOOKVALUE At 30 SetAember2022 At30 Se•2021 At 30 Setthnb¢r2022 307,430 At 30 septem 2021 334,393 Ynvestsnents at fair value con)wise: 3(b.Q22 30_Q_21 UK Eluities UK Bond8 I1*crOnaL Pooled Fun 8698 86,144 29.006 49.816 119.786 144,366 335 2,845 00 63,614 270 346785 Page 17
AVON TEI¥NIS FOR THE YEAR ENDED 30 SEpfETrtBER 2022 At l (ktober 2021 New in year 21 J32 2&(KiO At 30 Sber 2022 NET BOOK VALUE At 30 Septeth 2022 At 30 September2021 In r¢8ponse to the financial difficutti&s facing clutrfj as a result of dle Covtd.19 pandemi4 the four c]ubs with outstanthg loarts wue offer&J aone-yearrep&ymeDt holiday. Two of tbe Clubs took advantag¢ of this (x)Thwion alld Icoll repayments wtre wilil July 2021. ii. 30.922 30.9.21 Trade debto Other debtors 1276 i( 122 Page 18
AVON TENNIS NOTES TO THE FINANCIAL STATEMENfs- CODtinued FOR YEAR Ef4DED 30 SEPTEMBER 2022 12. CREDITORS: AMOiJNTS FALLING DUE WITHIN ONE YEAR 30S.22 30.9.21 Trade creditozs Social security and othertsxes Other Greditor8 Acorned expenses In¢ome in advance S766 42 436 31,078 11,422 4.618 141 572 17.434 5,570 13. MOVEMENf IN FUNDS Net ovement in fjjnds At 1.10.21 At 30.9.22 Unrestricted funds General fid 3668 (7371) 292.667 Restrieted funds Tackling Inequalities fitnd £474 (3284) 2,190 TOTAL VUNDS 77,15 Net movement in fun(Ls, included in the above are &8 follows.. Incoming Resourc resoLures expended Qains and Movernent losses in fimds Unre%tricted funds Gener81 fimd I6717 (196,706) (44,682} (73,871) RestTiCted fun Tackling 1neqU1tses fund LTA Grant (3,284) 000 (3284) sooo &284 TOTAL FUDIDS 90 77.15 Page 19 continue(t..
AVON TENNIS NOTES TO THE FINANCtAL STATEMENTS. Colltinued FOR THE YEAR ENDED 30 SEvfEMBER 2022 13. MOVEMENf lly FUNDS- continued CompAr4¢lves for movement In funds Net movonent in fimds At 1.10.20 At 30.9.21 Unrestrlcttd fllnds Genernl fiwd 388,128 (21.590) 366,538 Restrl¢ted fiinds Ta¢kJing tnequaliti&8 fund 5,474 5.474 TOTAL FUNDS 388 128 16 116) 372012 Comparativ¢ n¢t movement ID funds. Iluded inthe above are as follows.. Incoming Resour Gains and Movernent r&sources losses in funds UDf¢8trirted General fi]nd 67.975 (98,890) 9.325 (21.590) Restricted fullds Tackling Jnequalities fillkl 8,100 (2,626) 5,474 T(YTAL FUNDS 101 516 Pag¢ 20
AVON TENMS NOTES TO THE FINANCIAL STATEMENfs- eontlnued FOR THE YEAR ENDED 30 SEFEEMBER 2022 13. MOVEMENT IN FUI¥DS. continued A cumt year 12 rnonths and 10T year 12 montlL4 ¢(ynbin&l position is &8 follow8: Net movement in funds 1.10.20 30.922 Unrestricted funds General fund 388.128 (95,461) 292,667 R£stri¢ted fvnds Tackling Inequalitie8 fimd 2,190 2,190 TOTAL FUIqDS 388 128 294 857 A Gurtyear 12 mi)nth5 andpriory¢ar 12 combined netmovementinfimds. induded illthe above &Te follows: Inrning RewurLYS GaikL¥ and Moveme Tesources exFend in funds Un8trieted funds 235,492 (295.590 (35J57) (95,461) Rutrieted ndS Tackling Inequalities fjjt LTA Grant 8,IlX) (5,910) 5,000 2,190 13.1(Ki 10.910 2,190 TOTAL FUNDS 248 592 35 357) 93 71 Page 21 continued...
AVON TEI¥NIS FOR THE YEAR ENDED 30 SEFfEMBER2022