## **Trustees’ Annual Report for the period**
**From: 01/04/21 Period start date To: 31/03/22 Period end date**
**Charity name: PROJECT TURNOVER**
## **Charity registration number:1188981**
## **Objectives and Activities**
**----- Start of picture text -----**
SORP reference
Summary of the Para 1.17 Project TurnOver aims to create
purposes of the charity positive outcomes for the UK’s most
as set out in its vulnerable young people via an
immersive programme based on
governing document
proven research that sport can be
used as a framework for a programme
of positive change for young people.
We run a programme that leverages
sport to cultivate resilience
motivation and hope in students at
risk of exclusion, gang involvement,
drug abuse, violence and opting out
of school.
Summary of the main Para 1.17 and Our main activities are centred on the
1.19
activities in relation to running of our Taking Control
those purposes for the programmes which run for 12 weeks
public benefit, in each with up to 16 young people
participating.
particular, the
activities, projects or
services identified in
the accounts.
Statement confirming Para 1.18 All our Trustees are aware of their
whether the trustees responsibilities and understand the
have had regard to the Charity Commission guidance on
public benefit.
guidance issued by
the Charity
Commission on public
benefit
**----- End of picture text -----**
**Additional information (optional)** You may choose to include further statements where relevant about: SORP reference
**----- Start of picture text -----**
SORP reference
N.A.
Policy on grant making Para 1.38
N.A.
Policy on social Para 1.38
investment including
program related
investment
We have a number of volunteers and
Para 1.38 Ambassadors who regularly attend
Contribution made by our Taking Control programme and
volunteers who consistently give their valuable
time to make the programmes a
success. We are indebted to them for
their help and their ongoing support.
30+ volunteers
Other
**----- End of picture text -----**
## **Achievements and Performance**
**----- Start of picture text -----**
SORP reference
During the year we ran 7 Programmes
and supported 118 young people to
an improved future life prospect: Back
Summary of the main Para 1.20 to school | No Re-offending | Into a
Job, apprenticeship.
achievements of the
Each programme was 12 weeks.
charity, identifying the
We successfully launched new
difference the charity’s
programmes during the pandemic to
work has made to the
ensure we continue to support ‘at
circumstances of its
risk’ youth in our area. Called: CALMS
beneficiaries and any (Community Action Lead Mentoring &
wider benefits to Sport) - as sports clubs were closed,
society as a whole. we approached the local council for
funding to support our work.
In turn, this work benefits the
community as fewer young people
involved in criminal activity and an
improvement of ‘return to school’.
**----- End of picture text -----**
## **Additional information (optional)**
You may choose to include further statements where relevant about:
**----- Start of picture text -----**
Our CEO has objectives which are set
and agreed with the trustees and
Achievements against Para 1.41 each trustee has their own objective
for which they provide support to the
objectives set
CEO.
We have not yet been successful in
Performance of identifying a replacement corporate
Para 1.41 sponsor and we continue to focus on
fundraising activities
alternative options. Our funding
against objectives set
**----- End of picture text -----**
objective was to become financially independent of our Main sponsor - as they had sold the business. We secured National Lottery funding for 4 years and funding from the local council, Hounslow; Thriving Communities and Hounslow Response Mental Health Fund MINT in conjunction with NHS **N.A.** Investment performance against Para 1.41 objectives **N.A.** Other
## **Financial Review**
**----- Start of picture text -----**
Review of the charity’s Para 1.21 The combined impact of covid and the
financial position at loss of our corporate sponsor has
resulted in a significant challenge
the end of the period
however we are addressing this with a
funding development plan and we are
hopeful that during the course of the
next 12 months that we can obtain
alternative sources of finance.
Statement explaining Para 1.22 We are continuing to operate in
the policy for holding accordance with our agreed policy on
reserves stating why reserves as approved by the trustees
on 19’th November 2020
they are held
Amount of reserves Para 1.22 4,000
held
Reasons for holding Para 1.22 N.A.
zero reserves
Details of fund Para 1.24 N.A.
materially in deficit
Explanation of any Para 1.23 N.A.
uncertainties about
the charity continuing
as a going concern
**----- End of picture text -----**
## **Additional information (optional)**
You may choose to include further statements where relevant about:
||The charity’s principal
sources of funds
(including any
fundraising)|Para 1.47|We have continued our eforts to
secure new sources of funds
throughout the year and have had
good success in obtaining grants. This
continues to be a key activity and
focus for our CEO
National Lottery
Hounslow Council - Thriving
Communities
Hounslow Response Mental||
|---|---|---|---|---|
**----- Start of picture text -----**
Health Fund (MINT)CE
N.A.
Investment policy and
objectives including
Para 1.46
any social investment
policy adopted
The principle risk is with regards to
funding-the loss of our main corporate
A description of the Para 1.46 sponsor has been a major challenge
although we are making progress and
principal risks facing
this will continue to be a key priority
the charity
for our CEO.
Other
**----- End of picture text -----**
## **Structure, Governance and Management**
**----- Start of picture text -----**
Description of charity’s
trusts:
Type of governing Para 1.25 Foundation constitution
document
(trust deed, royal
charter)
How is the charity Para 1.25 Charitable incorporated
constituted? organisation
(e.g unincorporated
association, CIO)
Trustee selection Para 1.25 Appointed by trustee meetings
methods including
details of any
constitutional
provisions e.g. election
to post or name of any
person or body
entitled to appoint one
or more trustees
Additional information (optional)
You may choose to include further statements where relevant about:
Trustees are inducted in line with
charity commission guidance
Policies and
Para 1.51
procedures adopted
for the induction and
training of trustees
The trustees meet formally 4 times
per annum with minuted meetings
The charity’s and key actions
Para 1.51 We have a network of active
organisational
ambassadors who support the CEO
structure and any
**----- End of picture text -----**
**----- Start of picture text -----**
wider network with and provide ad hoc advice as required
which the charity
works
We have active relationships with a
wide range of bodies who provide
Relationship with any Para 1.51 consultancy advice and support.
related parties
Other
**----- End of picture text -----**
## **Reference and Administrative details**
**----- Start of picture text -----**
Charity name PROJECT TURN-OVER
Other name the charity
uses
Registered charity 1188981
number
Charity’s principal STAINES RFC,THE REEVES,SNAKEY
address LANE,FELTHAM,TW13 7NB
**----- End of picture text -----**
## **Names of the charity trustees who manage the charity**
**----- Start of picture text -----**
Name of person (or body)
Dates acted if not for
Trustee name Office (if any) entitled to appoint trustee
whole year
(if any)
ROGER CHAIR
1
ROBERTS
STEVE PESKIN TRUSTEE
2
JOERI TRUSTEE
3
PEPERKAMP
WENDY TRUSTEE
4
WOODFORD
5 ALEX WHITE TRUSTEE
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
**----- End of picture text -----**
Corporate trustees – names of the directors at the date the report was approved
> **Director name** N.A.
Name of trustees holding title to property belonging to the charity
**Trustee name Dates acted if not for whole year N.A.**
## **Funds held as custodian trustees on behalf of others**
**----- Start of picture text -----**
Description of the N.A.
assets held in this
capacity
Name and objects of N.A.
the charity on whose
behalf the assets are
held and how this falls
within the custodian
charity’s objects
Details of N.A.
arrangements for safe
custody and
segregation of such
assets from the
charity’s own assets
**----- End of picture text -----**
## **Additional information (optional)**
## **Names and addresses of advisers (Optional information)**
|**Type of**
**adviser**
**Name**
**Address**|**Type of**
**adviser**
**Name**
**Address**|**Type of**
**adviser**
**Name**
**Address**|
|---|---|---|
|**ACCOUNTANT**
**S**|COLLARDS|5-9 Eden St, Kingston upon Thames, KT1 1BQ|
||||
||||
||||
|**Name of chief executive or names of senior staf members**
**(Optional information)**|||
|MAGS DAVISON|||
MAGS DAVISON
## **Exemptions from disclosure**
Reason for non-disclosure of key personnel details
## **Other optional information**
## **Declarations**
**The trustees declare that they have approved the trustees’ report above.**
**Signed on behalf of the charity’s trustees**
**Signature(s)** ROGER ROBERTS **Full name(s)** ROGER CHARLES ROBERTS **Position (eg** CHAIR **Secretary, Chair, etc) Date** 27/01/23
**REGISTERED CHARITY NUMBER: 1188981**
## **REPORT OF THE TRUSTEES AND**
**UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022**
## **FOR**
**PROJECT TURN-OVER**
Collards Chartered Accountants 5-9 Eden Street Kingston-upon-Thames Surrey KT1 1BQ
**PROJECT TURN-OVER**
## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022**
||**Page**|
|---|---|
|**Report of the Trustees**|1to3|
|**Independent Examiner's Report**|4|
|**Statement of Financial Activities**|5|
|**Balance Sheet**|6|
|**Notes to the Financial Statements**|7to 11|
|**Detailed Statement of Financial Activities**|12 to 13|
**PROJECT TURN-OVER**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022**
The trustees present their report and the financial statements as a Charitable Incorporated Organisation (CIO) for the year ended 31 March 2022.
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
The objects of the CIO are to advance in life and help young people through:
a) the provision of recreational and leisure time activities, specifically by the provision of rugby-oriented programmes incorporating life skills training, provided in the interest of social welfare, designed to improve their conditions in life, and
b) providing support and activities which develop their skills, capacities and capabilities to enable them to participate in society.
## **Mission**
Project Turn-Over aims to create positive outcomes for the UK's most vulnerable young people via an immersive programme based on proven research that sport can be used as a framework for a programme of positive change for young people. We run a programme that leverages sport to cultivate resilience motivation and hope in students at risk of exclusion, gang involvement, drug abuse, violence and opting out of school.
## **Significant activities**
During the year we ran 7 Programmes and supported 118 young people to an improved future life prospect: Back to school | No Reoffending | Into a Job, apprenticeship.
Each programme was 12 weeks, however we continue to support participants following the 12 week programme.
We successfully launched new programmes during the pandemic to ensure we continue to support 'at risk' youth in our area. Called: CALMS (Community Action Lead Mentoring and Sport) - as sports clubs were closed, we approached the local council for funding to support our work.
In turn, this work benefits the community as fewer young people involved in criminal activity and an improvement of 'return to school'. We have a number of volunteers and Ambassadors who regularly attend our Taking Control programme and who consistently give their valuable time to make the programmes a success. We are indebted to them for their help and their ongoing support 30+ volunteers.
## **Public benefit**
In shaping our objectives for the period and planning our activities, the trustees have considered the Charity Commission's guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'.
## **ACHIEVEMENT AND PERFORMANCE**
## **Charitable activities**
Our initial pilot programmes with Feltham Young Offenders Institute in 2019 proved very successful and we ran 3 ROTL (Release on Temporary Licence) programmes before the Covid pandemic. Unfortunately, the Release on Temporary Licence programme was suspended during the pandemic as prisons were in lock down. As a charity, we were not prepared to be inactive in our mission to support young people at risk.
During the pandemic we successfully managed to link up with the Hanworth Centre, No Shame in Running charity, Backstreet Dojo and the Hounslow Council and started a new programme, CALMS (Community Action Lead Mentoring & Sport) - as sports clubs were closed (which is the location for our primary programme), we approached the local council for funding to support our work and successfully supported over 85 young people away from criminal activity, back to school and with their mental health and fitness improvement. Once the sports clubs were re-opened we started our main programme, renaming the programme as: TAKING CONTROL - engaging local schools who referred young people who were excluded or at risk of exclusion and on the 'exclusion to prison' pipeline. This has proved a huge success working with over 18 schools during this period.
We continue to keep in touch with some of the programme participants from our initial pilot with Feltham Young Offenders prison and two of them have become Ambassadors for Turn-Over and are actively involved with the promotion of the charity.
Our operations team have built strong links with local organisations in both the education and voluntary sectors and we continue to grow our presence in the local community. We have good links with St Mary's University and during the year we facilitated a placement for three of their students.
We have not yet been successful in identifying a replacement corporate sponsor and we continue to focus on alternative options. Our funding objective was to become financially independent of our Main sponsor - as they had sold the business. We secured National Lottery funding for 4 years and funding from the local council, Hounslow; Thriving Communities, St. James Place Foundation, Model City, London Sport and Hounslow Response Mental Health Fund MINT in conjunction with NHS.
Page 1
**PROJECT TURN-OVER**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022**
## **FINANCIAL REVIEW**
## **Financial position**
Total incoming resources amounted to £274,504 compared to £198,639 in the previous year. During the year the charities expenditure was £260,544 compared to £71,680 the previous year.
The restricted income of the charity is available only for the specific projects or purposes determined by the funders. During the year the charity received £97,586 of restricted income and spent £113,598.
## **Reserves policy**
A reserves policy was agreed by the Trustees on 19 February 2022. The Trustees review the reserves twice a year to ensure they are adequate to fulfil our continuing obligations
The combined impact of covid and the loss of our corporate sponsor has resulted in a significant challenge however we are addressing this with a funding development plan and we have ensured the continuation of our programme supporting young people is risk.
Unrestricted funds currently stand at £67,575 and restricted funds at £18,065.
## **FUTURE PLANS**
The key financial objective is to secure fundraising to ensure that we are independent of our main sponsor by 2023 which will be a significant challenge given the impact of the pandemic on both operations and fundraising.
Our CEO has objectives which are set and agreed with the trustees and each trustee has their own objective for which they provide support to the CEO.
We continue to develop our funding stability focusing on 5 key areas:
- 1) deliver funding target from bids
- 2) deliver funding target from corporate sponsorships
- 3) deliver funding targets from Government
- 4) deliver funding target from paid places
- 5) deliver funding target from events
Additional objectives include:
- 1) Programme delivery
- 2) Stakeholder engagement and communications
- 3) Team development and retention
- 4) Programme governance
## **STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document**
The charity is controlled by its foundation constitution and constituted as a Charitable Incorporated Organisation.
## **Recruitment and appointment of new trustees**
When selecting individuals for appointment as charity trustees, the charity trustees must have regard to the skills, knowledge and experience needed for the effective administration of the charity.
Apart from the initial trustees whose terms are stated in the foundation constitution, trustees are appointed for a term of three years by a resolution passed at a meeting of the charity trustees.
## **Induction and training of new trustees**
The charity trustees will make available to each new charity trustee, on or before their first appointment a copy of the foundation constitution together with any amendments made to it and a copy of the charity's latest Trustees Annual Report and statement of accounts.
The Trustees review progress via quarterly meetings which are focused on key issues and performance against agreed objectives.
During the period a Mission Statement and goals were agreed by the Trustees to shape activities and inform our Way of Working.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Registered Charity number**
1188981
Page 2
**PROJECT TURN-OVER**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022**
**Principal address** The Reeves Snakey Lane Feltham TW13 7NB
## **Trustees**
A J White S Peskin W Woodford (resigned 30.11.22) R Roberts J Peperkamp
**Chief Executive Officer** Mags Davison
**Independent Examiner** Collards Chartered Accountants 5-9 Eden Street Kingston-upon-Thames Surrey KT1 1BQ
Approved by order of the board of trustees on 27 January 2023 and signed on its behalf by:
R Roberts - Trustee
Page 3
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF PROJECT TURN-OVER**
## **Independent examiner's report to the trustees of Project Turn-Over**
I report to the charity trustees on my examination of the accounts of Project Turn-Over (the Trust) for the year ended 31 March 2022.
## **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 Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner's statement**
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of ICAEW which is one of the listed bodies.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or 2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Christopher Julian Brigstocke FCA ICAEW Collards Chartered Accountants 5-9 Eden Street Kingston-upon-Thames Surrey KT1 1BQ
27 January 2023
Page 4
## **PROJECT TURN-OVER**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022**
|**INCOME AND ENDOWMENTS FROM**
Notes
Donations and legacies
**EXPENDITURE ON**
Other
**NET INCOME/(EXPENDITURE)**
**Transfers between funds**
7
**Net movement in funds**
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
**TOTAL FUNDS CARRIED FORWARD**|Unrestricted
funds
£
**176,918**|Unrestricted
funds
£
**176,918**|Period
**Year Ended**
8.4.20
to
Restricted
**31.3.22**
**Total**
31.3.21
Total
funds
£
**funds**
**£**
funds
£
**97,586**
**274,504**
198,639|
|---|---|---|---|
|||**146,946**
**29,972**
**106**
**30,078**
**37,497**
**67,575**|**113,598**
**260,544**
126,959
**(16,012 )**
**13,960**
71,680
**(106)**
**-**
-|
||||**(16,118 )**
**13,960**
71,680
**34,183**
**71,680**
-|
||||**18,065**
**85,640**
71,680|
The notes form part of these financial statements
Page 5
## **PROJECT TURN-OVER**
## **BALANCE SHEET 31 MARCH 2022**
|**CURRENT ASSETS**
Notes
Debtors
5
Cash at bank
**CREDITORS**
Amounts falling due within one year
6
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**NET ASSETS**
**FUNDS**
Unrestricted funds
7
Restricted funds
**TOTAL FUNDS**|Unrestricted
funds
£
Restricted
funds
£
**130**
**-**
**75,715**
**18,065**
**75,845**
**18,065**
**(8,270)**
**-**
**67,575**
**18,065**
**67,575**
**18,065**
**67,575**
**18,065**|Unrestricted
funds
£
Restricted
funds
£
**130**
**-**
**75,715**
**18,065**
**75,845**
**18,065**
**(8,270)**
**-**
**67,575**
**18,065**
**67,575**
**18,065**
**67,575**
**18,065**|**2022**
**Total**
**funds**
**£**
**130**
**93,780**|2021
Total
funds
£
-
79,296|
|---|---|---|---|---|
|||**75,845**
**(8,270)**|**93,910**
**(8,270)**
**85,640**
**85,640**
**85,640**|79,296
(7,616)|
|||**67,575**||71,680|
|||**67,575**||71,680|
|||**67,575**||71,680|
||||**67,575**
**18,065**
**85,640**|37,497
34,183|
|||||71,680|
The financial statements were approved by the Board of Trustees and authorised for issue on 27 January 2023 and were signed on its behalf by:
R Roberts - Trustee
The notes form part of these financial statements
Page 6
**PROJECT TURN-OVER**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial 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**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **Pension costs and other post-retirement benefits**
The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
## **2. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 March 2022 nor for the period ended 31 March 2021.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 March 2022 nor for the period ended 31 March 2021.
## **3. STAFF COSTS**
|**Year Ended**
**31.3.22**
**£**
Wages and salaries
**153,925**
Social security costs
**12,680**
Other pension costs
**3,917**
**170,522**|Period
8.4.20
to
31.3.21
£
74,577
3,333
1,591|
|---|---|
||79,501|
continued...
Page 7
**PROJECT TURN-OVER**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022**
## **3. STAFF COSTS - continued**
The average monthly number of employees during the year was as follows:
|||||Period|
|---|---|---|---|---|
|||||8.4.20|
||||**Year Ended**|to|
||||**31.3.22**|31.3.21|
||Coaching staff||**3**|1|
||Administrative and development||**2**|2|
||||**5**|3|
||No employees received emoluments in excess of £60,000.||||
|**4.**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**||||
|||Unrestricted|Restricted|Total|
|||funds|funds|funds|
|||£|£|£|
||**INCOME AND ENDOWMENTS FROM**||||
||Donations and legacies|153,655|44,984|198,639|
||**EXPENDITURE ON**||||
||Other|115,518|11,441|126,959|
||**NET INCOME**|38,137|33,543|71,680|
||**Transfers between funds**|(640)|640|-|
||**Net movement in funds**|37,497|34,183|71,680|
||**TOTAL FUNDS CARRIED FORWARD**|37,497|34,183|71,680|
|**5.**|**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**||||
||||**2022**|2021|
||||**£**|£|
||Other debtors||**130**|-|
|**6.**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**||||
||||**2022**|2021|
||||**£**|£|
||Trade creditors||**461**|-|
||Taxation and social security||**3,009**|5,198|
||Other creditors||**4,800**|2,418|
||||**8,270**|7,616|
continued...
Page 8
**PROJECT TURN-OVER**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022**
## **7. MOVEMENT IN FUNDS**
|At 1.4.21
£
**Unrestricted funds**
General fund
**36,279**
Sport England
**1,218**
**37,497**
**Restricted funds**
Hounslow Response MINT
**20,460**
Model City
**-**
Thriving Communities Fund
**13,723**
Apprenticeships
**-**
**34,183**
**TOTAL FUNDS**
**71,680**
Net movement in funds, included in the above are as follows:
**Unrestricted funds**
General fund
Sport England
**Restricted funds**
Hounslow Recovery Fund
Hounslow Response MINT
Model City
Thriving Communities Fund
Apprenticeships
National Lottery
St James's Place Bank
**TOTAL FUNDS**|Net
Transfers
movement
between
At
in funds
£
funds
£
31.3.22
£
**32,314**
**(1,018)**
**67,575**
**(2,342)**
**1,124**
**-**|Net
Transfers
movement
between
At
in funds
£
funds
£
31.3.22
£
**32,314**
**(1,018)**
**67,575**
**(2,342)**
**1,124**
**-**|Net
Transfers
movement
between
At
in funds
£
funds
£
31.3.22
£
**32,314**
**(1,018)**
**67,575**
**(2,342)**
**1,124**
**-**|Net
Transfers
movement
between
At
in funds
£
funds
£
31.3.22
£
**32,314**
**(1,018)**
**67,575**
**(2,342)**
**1,124**
**-**|
|---|---|---|---|---|
|||**29,972**
**(20,460 )**
**1,049**
**4,342**
**(943)**||**106**
**67,575**
**-**
**-**
**(1,049)**
**-**
**-**
**18,065**
**943**
**-**|
|||**(16,012 )**||**(106)**
**18,065**|
|||**13,960**||**-**
**85,640**|
||Incoming
Resources
resources
expended
£
£
Movement
in funds
£
**176,918**
**(144,604 )**
**32,314**
**-**
**(2,342)**
**(2,342)**||||
||**176,918**
**24,076**
**20,460**
**5,000**
**11,850**
**3,605**
**22,595**
**10,000**
**97,586**
**274,504**||**(146,946 )**
**29,972**
**(24,076 )**
**-**
**(40,920 )**
**(20,460 )**
**(3,951)**
**1,049**
**(7,508)**
**4,342**
**(4,548)**
**(943)**
**(22,595 )**
**-**
**(10,000 )**
**-**||
||||**(113,598 )**
**(16,012 )**||
||||**(260,544 )**
**13,960**||
continued...
Page 9
**PROJECT TURN-OVER**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022**
## **7. MOVEMENT IN FUNDS - continued**
## **Comparatives for movement in funds**
|**Unrestricted funds**
General fund
Sport England
**Restricted funds**
Hounslow Response MINT
Thriving Communities Fund
Apprenticeships
**TOTAL FUNDS**|Net
movement
Transfers
between
At
At 8.4.20
£
in funds
£
funds
£
31.3.21
£
-
36,919
(640)
36,279
-
1,218
-
1,218|
|---|---|
||-
38,137
(640)
37,497
-
20,460
-
20,460
-
13,723
-
13,723
-
(640)
640
-|
||-
33,543
640
34,183|
||-
71,680
-
71,680|
Comparative net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
Sport England
**Restricted funds**
Hounslow Response MINT
Thriving Communities Fund
Apprenticeships
**TOTAL FUNDS**|Incoming
resources
£
149,587
4,068|Resources
expended
£
Movement
in funds
£
(112,668 )
36,919
(2,850)
1,218|
|---|---|---|
||153,655
20,460
23,474
1,050
44,984
198,639|(115,518 )
38,137
-
20,460
(9,751)
13,723
(1,690)
(640)|
|||(11,441 )
33,543|
|||(126,959 )
71,680|
Sport England - designated fund
The fund reserved brought forward has now been released.
## Hounslow Response MINT - restricted fund
The Hounslow Response MINT Fund shown above relates to a sum received in respect of providing mental health and wellbeing support services through the hiring of a Family Liaison Lead to Hounslow residents and at the period end all monies received had been spent.
## Thriving Communities - restricted fund
The £18,065 on the Thriving Communities Fund shown above relates to a sum received in respect of providing a sports based programme called CALMS (Community Action Lead Mentoring and Sport) focused on wellbeing, mental health and working towards re-engagement with education in the Hounslow area.
## Apprenticeships - restricted fund
The apprenticeships fund relates to sums received in order to employ an assistant coach and at the period end all monies received had been spent.
## Model City - restricted fund
The Model City fund relates to sums received in order to cover a proportion of the salaries and other expenses and at the period end all monies received had been spent.
National Lottery - restricted fund
continued...
Page 10
**PROJECT TURN-OVER**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022**
## **7. MOVEMENT IN FUNDS - continued**
The National Lottery fund relates to sums received in order to cover a proportion of salary, overhead and other expenses and at the period end all monies received had been spent.
St James's Place - restricted fund
The St James's Place fund relates to sums received in order to cover a proportion of salary, overhead and other expenses and at the period end all monies received had been spent.
## **8. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 March 2022.
## **9. INDEPENDENT EXAMINER FEES**
The fees paid to the independent examiner during the period in respect of their independent examination and other services provided by them are as follows:
|Independent examination
Other services|**2022**
**£**
**1,500**
**2,300**
**4,800**|2021
£
1,200
1,200|
|---|---|---|
|||2,400|
Page 11
**PROJECT TURN-OVER**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022**
|||Period|
|---|---|---|
|||8.4.20|
||Year Ended|to|
||31.3.22|31.3.21|
||£|£|
|**INCOME AND ENDOWMENTS**|||
|**Donations and legacies**|||
|Donations|**168,453**|143,040|
|Grants|**101,429**|51,599|
|Admissions|**4,622**|4,000|
||**274,504**|198,639|
|**Total incoming resources**|**274,504**|198,639|
|**EXPENDITURE**|||
|**Other**|||
|Course costs|**11,933**|10,279|
|Facility costs|**20,548**|6,932|
|Kit|**3,112**|5,365|
|Programme costs|**12,190**|-|
|Event costs|**7,035**|-|
||**54,818**|22,576|
|**Support costs**|||
|**Management**|||
|Wages|**153,925**|74,577|
|Social security|**12,680**|3,333|
|Pensions|**3,917**|1,591|
|Insurance|**1,476**|1,817|
|Telephone|**90**|615|
|Postage and stationery|**1,160**|210|
|Advertising|**3,441**|826|
|Sundries|**246**|499|
|Licence fees|**22,500**|10,500|
|Travel and accommodation|**108**|-|
|Vehicle running costs|**-**|66|
||**199,543**|94,034|
|**Finance**|||
|Bank charges|**1**|51|
|Late payment interest|**26**|-|
||**27**|51|
|**Information technology**|||
|Computer costs|**513**|274|
|**Human resources**|||
|Staff training and compliance checks|**348**|48|
|**Governance costs**|||
|Accountancy fees|**4,800**|2,400|
|Carried forward|**4,800**|2,400|
This page does not form part of the statutory financial statements
Page 12
**PROJECT TURN-OVER**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022**
|||Period|
|---|---|---|
|||8.4.20|
||Year Ended|to|
||31.3.22|31.3.21|
||£|£|
|**Governance costs**|||
|Brought forward|**4,800**|2,400|
|Legal fees|**35**|635|
|Other professional services|**460**|6,941|
||**5,295**|9,976|
|Total resources expended|**260,544**|126,959|
|**Net income**|**13,960**|71,680|
This page does not form part of the statutory financial statements
Page 13
**REGISTERED CHARITY NUMBER: 1188981**
## **REPORT OF THE TRUSTEES AND**
**UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022**
## **FOR**
**PROJECT TURN-OVER**
Collards Chartered Accountants 5-9 Eden Street Kingston-upon-Thames Surrey KT1 1BQ
**PROJECT TURN-OVER**
## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022**
||**Page**|
|---|---|
|**Report of the Trustees**|1to3|
|**Independent Examiner's Report**|4|
|**Statement of Financial Activities**|5|
|**Balance Sheet**|6|
|**Notes to the Financial Statements**|7to 11|
|**Detailed Statement of Financial Activities**|12 to 13|
**PROJECT TURN-OVER**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022**
The trustees present their report and the financial statements as a Charitable Incorporated Organisation (CIO) for the year ended 31 March 2022.
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
The objects of the CIO are to advance in life and help young people through:
a) the provision of recreational and leisure time activities, specifically by the provision of rugby-oriented programmes incorporating life skills training, provided in the interest of social welfare, designed to improve their conditions in life, and
b) providing support and activities which develop their skills, capacities and capabilities to enable them to participate in society.
## **Mission**
Project Turn-Over aims to create positive outcomes for the UK's most vulnerable young people via an immersive programme based on proven research that sport can be used as a framework for a programme of positive change for young people. We run a programme that leverages sport to cultivate resilience motivation and hope in students at risk of exclusion, gang involvement, drug abuse, violence and opting out of school.
## **Significant activities**
During the year we ran 7 Programmes and supported 118 young people to an improved future life prospect: Back to school | No Reoffending | Into a Job, apprenticeship.
Each programme was 12 weeks, however we continue to support participants following the 12 week programme.
We successfully launched new programmes during the pandemic to ensure we continue to support 'at risk' youth in our area. Called: CALMS (Community Action Lead Mentoring and Sport) - as sports clubs were closed, we approached the local council for funding to support our work.
In turn, this work benefits the community as fewer young people involved in criminal activity and an improvement of 'return to school'. We have a number of volunteers and Ambassadors who regularly attend our Taking Control programme and who consistently give their valuable time to make the programmes a success. We are indebted to them for their help and their ongoing support 30+ volunteers.
## **Public benefit**
In shaping our objectives for the period and planning our activities, the trustees have considered the Charity Commission's guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'.
## **ACHIEVEMENT AND PERFORMANCE**
## **Charitable activities**
Our initial pilot programmes with Feltham Young Offenders Institute in 2019 proved very successful and we ran 3 ROTL (Release on Temporary Licence) programmes before the Covid pandemic. Unfortunately, the Release on Temporary Licence programme was suspended during the pandemic as prisons were in lock down. As a charity, we were not prepared to be inactive in our mission to support young people at risk.
During the pandemic we successfully managed to link up with the Hanworth Centre, No Shame in Running charity, Backstreet Dojo and the Hounslow Council and started a new programme, CALMS (Community Action Lead Mentoring & Sport) - as sports clubs were closed (which is the location for our primary programme), we approached the local council for funding to support our work and successfully supported over 85 young people away from criminal activity, back to school and with their mental health and fitness improvement. Once the sports clubs were re-opened we started our main programme, renaming the programme as: TAKING CONTROL - engaging local schools who referred young people who were excluded or at risk of exclusion and on the 'exclusion to prison' pipeline. This has proved a huge success working with over 18 schools during this period.
We continue to keep in touch with some of the programme participants from our initial pilot with Feltham Young Offenders prison and two of them have become Ambassadors for Turn-Over and are actively involved with the promotion of the charity.
Our operations team have built strong links with local organisations in both the education and voluntary sectors and we continue to grow our presence in the local community. We have good links with St Mary's University and during the year we facilitated a placement for three of their students.
We have not yet been successful in identifying a replacement corporate sponsor and we continue to focus on alternative options. Our funding objective was to become financially independent of our Main sponsor - as they had sold the business. We secured National Lottery funding for 4 years and funding from the local council, Hounslow; Thriving Communities, St. James Place Foundation, Model City, London Sport and Hounslow Response Mental Health Fund MINT in conjunction with NHS.
Page 1
**PROJECT TURN-OVER**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022**
## **FINANCIAL REVIEW**
## **Financial position**
Total incoming resources amounted to £274,504 compared to £198,639 in the previous year. During the year the charities expenditure was £260,544 compared to £71,680 the previous year.
The restricted income of the charity is available only for the specific projects or purposes determined by the funders. During the year the charity received £97,586 of restricted income and spent £113,598.
## **Reserves policy**
A reserves policy was agreed by the Trustees on 19 February 2022. The Trustees review the reserves twice a year to ensure they are adequate to fulfil our continuing obligations
The combined impact of covid and the loss of our corporate sponsor has resulted in a significant challenge however we are addressing this with a funding development plan and we have ensured the continuation of our programme supporting young people is risk.
Unrestricted funds currently stand at £67,575 and restricted funds at £18,065.
## **FUTURE PLANS**
The key financial objective is to secure fundraising to ensure that we are independent of our main sponsor by 2023 which will be a significant challenge given the impact of the pandemic on both operations and fundraising.
Our CEO has objectives which are set and agreed with the trustees and each trustee has their own objective for which they provide support to the CEO.
We continue to develop our funding stability focusing on 5 key areas:
- 1) deliver funding target from bids
- 2) deliver funding target from corporate sponsorships
- 3) deliver funding targets from Government
- 4) deliver funding target from paid places
- 5) deliver funding target from events
Additional objectives include:
- 1) Programme delivery
- 2) Stakeholder engagement and communications
- 3) Team development and retention
- 4) Programme governance
## **STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document**
The charity is controlled by its foundation constitution and constituted as a Charitable Incorporated Organisation.
## **Recruitment and appointment of new trustees**
When selecting individuals for appointment as charity trustees, the charity trustees must have regard to the skills, knowledge and experience needed for the effective administration of the charity.
Apart from the initial trustees whose terms are stated in the foundation constitution, trustees are appointed for a term of three years by a resolution passed at a meeting of the charity trustees.
## **Induction and training of new trustees**
The charity trustees will make available to each new charity trustee, on or before their first appointment a copy of the foundation constitution together with any amendments made to it and a copy of the charity's latest Trustees Annual Report and statement of accounts.
The Trustees review progress via quarterly meetings which are focused on key issues and performance against agreed objectives.
During the period a Mission Statement and goals were agreed by the Trustees to shape activities and inform our Way of Working.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Registered Charity number**
1188981
Page 2
**PROJECT TURN-OVER**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022**
**Principal address** The Reeves Snakey Lane Feltham TW13 7NB
## **Trustees**
A J White S Peskin W Woodford (resigned 30.11.22) R Roberts J Peperkamp
**Chief Executive Officer** Mags Davison
**Independent Examiner** Collards Chartered Accountants 5-9 Eden Street Kingston-upon-Thames Surrey KT1 1BQ
Approved by order of the board of trustees on 27 January 2023 and signed on its behalf by:
R Roberts - Trustee
Page 3
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF PROJECT TURN-OVER**
## **Independent examiner's report to the trustees of Project Turn-Over**
I report to the charity trustees on my examination of the accounts of Project Turn-Over (the Trust) for the year ended 31 March 2022.
## **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 Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner's statement**
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of ICAEW which is one of the listed bodies.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or 2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Christopher Julian Brigstocke FCA ICAEW Collards Chartered Accountants 5-9 Eden Street Kingston-upon-Thames Surrey KT1 1BQ
27 January 2023
Page 4
## **PROJECT TURN-OVER**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022**
|**INCOME AND ENDOWMENTS FROM**
Notes
Donations and legacies
**EXPENDITURE ON**
Other
**NET INCOME/(EXPENDITURE)**
**Transfers between funds**
7
**Net movement in funds**
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
**TOTAL FUNDS CARRIED FORWARD**|Unrestricted
funds
£
**176,918**|Unrestricted
funds
£
**176,918**|Period
**Year Ended**
8.4.20
to
Restricted
**31.3.22**
**Total**
31.3.21
Total
funds
£
**funds**
**£**
funds
£
**97,586**
**274,504**
198,639|
|---|---|---|---|
|||**146,946**
**29,972**
**106**
**30,078**
**37,497**
**67,575**|**113,598**
**260,544**
126,959
**(16,012 )**
**13,960**
71,680
**(106)**
**-**
-|
||||**(16,118 )**
**13,960**
71,680
**34,183**
**71,680**
-|
||||**18,065**
**85,640**
71,680|
The notes form part of these financial statements
Page 5
## **PROJECT TURN-OVER**
## **BALANCE SHEET 31 MARCH 2022**
|**CURRENT ASSETS**
Notes
Debtors
5
Cash at bank
**CREDITORS**
Amounts falling due within one year
6
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**NET ASSETS**
**FUNDS**
Unrestricted funds
7
Restricted funds
**TOTAL FUNDS**|Unrestricted
funds
£
Restricted
funds
£
**130**
**-**
**75,715**
**18,065**
**75,845**
**18,065**
**(8,270)**
**-**
**67,575**
**18,065**
**67,575**
**18,065**
**67,575**
**18,065**|Unrestricted
funds
£
Restricted
funds
£
**130**
**-**
**75,715**
**18,065**
**75,845**
**18,065**
**(8,270)**
**-**
**67,575**
**18,065**
**67,575**
**18,065**
**67,575**
**18,065**|**2022**
**Total**
**funds**
**£**
**130**
**93,780**|2021
Total
funds
£
-
79,296|
|---|---|---|---|---|
|||**75,845**
**(8,270)**|**93,910**
**(8,270)**
**85,640**
**85,640**
**85,640**|79,296
(7,616)|
|||**67,575**||71,680|
|||**67,575**||71,680|
|||**67,575**||71,680|
||||**67,575**
**18,065**
**85,640**|37,497
34,183|
|||||71,680|
The financial statements were approved by the Board of Trustees and authorised for issue on 27 January 2023 and were signed on its behalf by:
R Roberts - Trustee
The notes form part of these financial statements
Page 6
**PROJECT TURN-OVER**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial 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**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **Pension costs and other post-retirement benefits**
The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
## **2. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 March 2022 nor for the period ended 31 March 2021.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 March 2022 nor for the period ended 31 March 2021.
## **3. STAFF COSTS**
|**Year Ended**
**31.3.22**
**£**
Wages and salaries
**153,925**
Social security costs
**12,680**
Other pension costs
**3,917**
**170,522**|Period
8.4.20
to
31.3.21
£
74,577
3,333
1,591|
|---|---|
||79,501|
continued...
Page 7
**PROJECT TURN-OVER**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022**
## **3. STAFF COSTS - continued**
The average monthly number of employees during the year was as follows:
|||||Period|
|---|---|---|---|---|
|||||8.4.20|
||||**Year Ended**|to|
||||**31.3.22**|31.3.21|
||Coaching staff||**3**|1|
||Administrative and development||**2**|2|
||||**5**|3|
||No employees received emoluments in excess of £60,000.||||
|**4.**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**||||
|||Unrestricted|Restricted|Total|
|||funds|funds|funds|
|||£|£|£|
||**INCOME AND ENDOWMENTS FROM**||||
||Donations and legacies|153,655|44,984|198,639|
||**EXPENDITURE ON**||||
||Other|115,518|11,441|126,959|
||**NET INCOME**|38,137|33,543|71,680|
||**Transfers between funds**|(640)|640|-|
||**Net movement in funds**|37,497|34,183|71,680|
||**TOTAL FUNDS CARRIED FORWARD**|37,497|34,183|71,680|
|**5.**|**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**||||
||||**2022**|2021|
||||**£**|£|
||Other debtors||**130**|-|
|**6.**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**||||
||||**2022**|2021|
||||**£**|£|
||Trade creditors||**461**|-|
||Taxation and social security||**3,009**|5,198|
||Other creditors||**4,800**|2,418|
||||**8,270**|7,616|
continued...
Page 8
**PROJECT TURN-OVER**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022**
## **7. MOVEMENT IN FUNDS**
|At 1.4.21
£
**Unrestricted funds**
General fund
**36,279**
Sport England
**1,218**
**37,497**
**Restricted funds**
Hounslow Response MINT
**20,460**
Model City
**-**
Thriving Communities Fund
**13,723**
Apprenticeships
**-**
**34,183**
**TOTAL FUNDS**
**71,680**
Net movement in funds, included in the above are as follows:
**Unrestricted funds**
General fund
Sport England
**Restricted funds**
Hounslow Recovery Fund
Hounslow Response MINT
Model City
Thriving Communities Fund
Apprenticeships
National Lottery
St James's Place Bank
**TOTAL FUNDS**|Net
Transfers
movement
between
At
in funds
£
funds
£
31.3.22
£
**32,314**
**(1,018)**
**67,575**
**(2,342)**
**1,124**
**-**|Net
Transfers
movement
between
At
in funds
£
funds
£
31.3.22
£
**32,314**
**(1,018)**
**67,575**
**(2,342)**
**1,124**
**-**|Net
Transfers
movement
between
At
in funds
£
funds
£
31.3.22
£
**32,314**
**(1,018)**
**67,575**
**(2,342)**
**1,124**
**-**|Net
Transfers
movement
between
At
in funds
£
funds
£
31.3.22
£
**32,314**
**(1,018)**
**67,575**
**(2,342)**
**1,124**
**-**|
|---|---|---|---|---|
|||**29,972**
**(20,460 )**
**1,049**
**4,342**
**(943)**||**106**
**67,575**
**-**
**-**
**(1,049)**
**-**
**-**
**18,065**
**943**
**-**|
|||**(16,012 )**||**(106)**
**18,065**|
|||**13,960**||**-**
**85,640**|
||Incoming
Resources
resources
expended
£
£
Movement
in funds
£
**176,918**
**(144,604 )**
**32,314**
**-**
**(2,342)**
**(2,342)**||||
||**176,918**
**24,076**
**20,460**
**5,000**
**11,850**
**3,605**
**22,595**
**10,000**
**97,586**
**274,504**||**(146,946 )**
**29,972**
**(24,076 )**
**-**
**(40,920 )**
**(20,460 )**
**(3,951)**
**1,049**
**(7,508)**
**4,342**
**(4,548)**
**(943)**
**(22,595 )**
**-**
**(10,000 )**
**-**||
||||**(113,598 )**
**(16,012 )**||
||||**(260,544 )**
**13,960**||
continued...
Page 9
**PROJECT TURN-OVER**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022**
## **7. MOVEMENT IN FUNDS - continued**
## **Comparatives for movement in funds**
|**Unrestricted funds**
General fund
Sport England
**Restricted funds**
Hounslow Response MINT
Thriving Communities Fund
Apprenticeships
**TOTAL FUNDS**|Net
movement
Transfers
between
At
At 8.4.20
£
in funds
£
funds
£
31.3.21
£
-
36,919
(640)
36,279
-
1,218
-
1,218|
|---|---|
||-
38,137
(640)
37,497
-
20,460
-
20,460
-
13,723
-
13,723
-
(640)
640
-|
||-
33,543
640
34,183|
||-
71,680
-
71,680|
Comparative net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
Sport England
**Restricted funds**
Hounslow Response MINT
Thriving Communities Fund
Apprenticeships
**TOTAL FUNDS**|Incoming
resources
£
149,587
4,068|Resources
expended
£
Movement
in funds
£
(112,668 )
36,919
(2,850)
1,218|
|---|---|---|
||153,655
20,460
23,474
1,050
44,984
198,639|(115,518 )
38,137
-
20,460
(9,751)
13,723
(1,690)
(640)|
|||(11,441 )
33,543|
|||(126,959 )
71,680|
Sport England - designated fund
The fund reserved brought forward has now been released.
## Hounslow Response MINT - restricted fund
The Hounslow Response MINT Fund shown above relates to a sum received in respect of providing mental health and wellbeing support services through the hiring of a Family Liaison Lead to Hounslow residents and at the period end all monies received had been spent.
## Thriving Communities - restricted fund
The £18,065 on the Thriving Communities Fund shown above relates to a sum received in respect of providing a sports based programme called CALMS (Community Action Lead Mentoring and Sport) focused on wellbeing, mental health and working towards re-engagement with education in the Hounslow area.
## Apprenticeships - restricted fund
The apprenticeships fund relates to sums received in order to employ an assistant coach and at the period end all monies received had been spent.
## Model City - restricted fund
The Model City fund relates to sums received in order to cover a proportion of the salaries and other expenses and at the period end all monies received had been spent.
National Lottery - restricted fund
continued...
Page 10
**PROJECT TURN-OVER**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022**
## **7. MOVEMENT IN FUNDS - continued**
The National Lottery fund relates to sums received in order to cover a proportion of salary, overhead and other expenses and at the period end all monies received had been spent.
St James's Place - restricted fund
The St James's Place fund relates to sums received in order to cover a proportion of salary, overhead and other expenses and at the period end all monies received had been spent.
## **8. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 March 2022.
## **9. INDEPENDENT EXAMINER FEES**
The fees paid to the independent examiner during the period in respect of their independent examination and other services provided by them are as follows:
|Independent examination
Other services|**2022**
**£**
**1,500**
**2,300**
**4,800**|2021
£
1,200
1,200|
|---|---|---|
|||2,400|
Page 11
**PROJECT TURN-OVER**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022**
|||Period|
|---|---|---|
|||8.4.20|
||Year Ended|to|
||31.3.22|31.3.21|
||£|£|
|**INCOME AND ENDOWMENTS**|||
|**Donations and legacies**|||
|Donations|**168,453**|143,040|
|Grants|**101,429**|51,599|
|Admissions|**4,622**|4,000|
||**274,504**|198,639|
|**Total incoming resources**|**274,504**|198,639|
|**EXPENDITURE**|||
|**Other**|||
|Course costs|**11,933**|10,279|
|Facility costs|**20,548**|6,932|
|Kit|**3,112**|5,365|
|Programme costs|**12,190**|-|
|Event costs|**7,035**|-|
||**54,818**|22,576|
|**Support costs**|||
|**Management**|||
|Wages|**153,925**|74,577|
|Social security|**12,680**|3,333|
|Pensions|**3,917**|1,591|
|Insurance|**1,476**|1,817|
|Telephone|**90**|615|
|Postage and stationery|**1,160**|210|
|Advertising|**3,441**|826|
|Sundries|**246**|499|
|Licence fees|**22,500**|10,500|
|Travel and accommodation|**108**|-|
|Vehicle running costs|**-**|66|
||**199,543**|94,034|
|**Finance**|||
|Bank charges|**1**|51|
|Late payment interest|**26**|-|
||**27**|51|
|**Information technology**|||
|Computer costs|**513**|274|
|**Human resources**|||
|Staff training and compliance checks|**348**|48|
|**Governance costs**|||
|Accountancy fees|**4,800**|2,400|
|Carried forward|**4,800**|2,400|
This page does not form part of the statutory financial statements
Page 12
**PROJECT TURN-OVER**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022**
|||Period|
|---|---|---|
|||8.4.20|
||Year Ended|to|
||31.3.22|31.3.21|
||£|£|
|**Governance costs**|||
|Brought forward|**4,800**|2,400|
|Legal fees|**35**|635|
|Other professional services|**460**|6,941|
||**5,295**|9,976|
|Total resources expended|**260,544**|126,959|
|**Net income**|**13,960**|71,680|
This page does not form part of the statutory financial statements
Page 13