THE BRUNSWICK CLUB TRUST Registered under the Charitres Act 1960. Charity No 209865 F¢unded in prisoner of war camp Oflag 79. Bnjnswtk. Gemwny. February 1945 •• STATEMENT OF ACCOUNTS For the Year Ended 31st December 2020
THE BRUNSWICK CLUB TRUST BOARD OF TRUSTEES N.N.Browne Chairman L. E.J.Bicknell, ACIB - Hon Treasurer M.F.Dunning BEM C.E.Hancock {appointed 12 March 2020) G.Hands MP A.P.James (resigned 12 March 20201 T.James (resigned 12 March 2020} W.J.B.Lake Lady Camilla Osborne F.R.Walts P.C.G.Witheridge S.G.G.Witheridge MANAGEMENT COMMITTEE Michael Dunning BEM - Chairman Nick Browne- Secretary Pip Witheridge - Treasurer John Bird Tom Drew Bill Lake
STAFF AND HELPERS Senior Youth Workerlclub Manager Danny Volino Youth Development Worker Piers Player Secretary Anne Winwood Premises Manager Paul Volino Bookkeeper Sue Hicks Cleaner Eddie Speck Da Silva Part-Time Paid Youth Workers Harriet Atkins Zoe Baxter Louis Beesley Phoebe Buret Kimicha Comrie-carson Antonia Cooper Jimmy-John Corcoran Sam Dyer Gus Hunte Marcus John Tariq Kavanagh Charlie Melville Tommy Melville Hollie Myles Thomas Oswald Adham Rezk Sharon Stewart Adult Volunteers Jamaal Bailey Charlie Bish Ellie Coomber Fabien Davies Joe Dennis Lynn Fleary Kevin Morris Kevin Moss Angela Quinn Philip Sangchin Adrian Toppin Junior Volunteers Raphael Garrett Zhane Hurdle Harrison Melville Rene Pascall Luca Vernazza
THE BRUNSWICK CLUB TRUST Registered Charity Number: 209865 Bankers: Nalwest Bank PIC Juxon House 98 St Pauls Churchyard London EC4M 8BU CAF Bank 25 Kings Hill Avenue Kings Hill West Malling Kent ME19 4TA Lloyds TSB 472c Fulham Road London SW6 1 DD Audltors: Begbies 9 Bonhill Street London EC2A 4DJ
THE BRUNSWICK CLUB TRUST CHAIRMAN'S STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2020 The Brnsick Club is usually open seven days a week, providing a range of aclivilies, services. and facilities for ehildren and young people in Hamrnersmlth and Fulham and beyond. Our plan for 2020 had been lo continue and develop this high-qualily youth provlsion ov8r the course of th6 yoar. However, Ihe Covid-19 pandemi¢ made this impossibl8. In mid-march we had lo close our d(K)rs for four months for Lockdown 1. We stayed in touch with our merllb8rs throughout on our Inslagram and Facebook pages, and by email, lexl. and telephone. From the middle of May, we made our fDoiball pitch available, frge of charge. for Brunswick families to exerclse together in line with lockdown regulations. When Lockdown 1 ended in rnid.July. we were able lo resume provlding a range of acllvilies for children and young people, albeit lo reduced numbers, by following governmant, National Youth Agency, and Football Association guid&lines for the safe delivery of ServIS during the pandemic. We successfully contlnued wllh Ihls for three months until Lockdown 2 forced us lo close again for the whole of November. We opened again briefly Sn December Ihen closed again al ihe end of the year as Lockdown 3 C8me into force. During the course of 2020, we were unable to open for 150 out of 366 days. However, when open, we provided vital actiwties and services for over 935 children and young people at an average of 56 ptsr day. These included our most successful ever trip to Hindleap Warren Outdoor Education Centre in January 2020; the socially-distanced delivery of Easter eggs lo 70 Brunswick families al the start of Lockdown 1,. our most welcome Junior Summer Holiday Programme which ran for four weeks, free of charge. just after Lockdown 1 ended,. and the provision of Junior and Senior Youth Club sessions. football training and matches.. and cash prize football nights, also all free of charge, which gave children and young people a lifeline out of the &nfor¢ed isolation of lo¢kdowns and repealed classroom dosures. We avoided what could have been a disastrous financial year thanks to the generosily of our funders, who continued lo support us despite our reduced ability lo deliver,. the generosity of our donors who continued to contribute even though many were experiencing reduced circumstances., and the generosity of the government. who provided a much-needed buslness support grant al the height of the pandemlc. We ended 2020 with a net incorne of £22,561., our investments increased in value by £38,147-, and w6 entered 2021 with a high level of reserves. sufficient to cope with any fluclualions in our funding that might be ¢aused by the ongoing pandemi¢. If any of our supporters would like lo visit the Club in Haldang Road, Fulham, you would be most welcome. Just glve the Club Manager a call lo arrang& a suilablo lime.
THE BRUNSWICK CLUB TRUST CHAIRMAN'S STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2020 I would like lo thank the Chairman of the Management Committee, Boris Dunning, the other members of the Management Committee. and the Trustees of The Brunswick Club, for their dedicated seNice throughout the year, in person and online. I would also like lo thank the Club Manager, Danny Volino, Ihe Fundraising & Development Worker, Piers Player, and the rest of the staff le8m, lor their hard work throughout 2020 and, in particular. for their flexible and pro-active response to the demands of the pandemic. And I would espgaally like to thank the children and young people who never slopped Coming to The Brunswlck Club, and their families and friends, whose unwavering support make the Club the special place that NN Browne Chairman 20 September 2021
THE BRUNSWICK CLUB TRUST TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2020 The Iruslees present their report and financial statements for the year ended 31 December 2020. The financial statements have been prepared in accordance with the accounting policies sel out in note 1 of the financial slalemenls and comply with (he Charity's Governing document, Charities Act 2011 and "Accounting and Reporting by Charities.. Slalemenl ol Recommended Practice applicable lo charities preparfng Ihelr accounts In accordance with Financial R8POrting Standard appSl¢able in the UK and Republic of Ireland IFRS 1021" leffeclive 1 January 20191. The oharily is a Public 8enefil Enlily as defined by FRS 102. Governlng document The Brunswick Club Trust Is a reglslered ¢harily operating under a Declaration of Trust dated 26 February 1945 as amended by a scheme which was sealed by the Charity Commission for England and Wales on 14 May 1997. Oblects of the charlty The object of the Club is the provision of cultural, sporting and social activities for young people, aged from seven lo elghleen, in a safe and friendly enwronmenl. Golng concorn The Iruslees. report and financi81 slalemenls have been prepared on the going concern basis, which assumes the ability of Ihe Club to continue its activities for the foreseeable future, being a period of not less than twelve months from the approval of these accounts. The continuing COVID-19 coronavirus has caused considerable uncertainty as lo the syze, nature and duration of the impact Ihal will result from the pandemic and the national response thereto. The Iruslees have considered the information available and have reasonable expectation Ihal the Trust has adequate reserves and resources lo continue ils operational activities for the foreseeable future. Accordingly the Irusle8s have ¢on¢luded that th¢y Can continue to adopt the going conc¢rn basis in preparing the financial statements. Publ1¢ benefit In planning Ihe Club's activities for the year. the Board of trustees confirm that they have given due regard to the Charity Commission's legis181ive and regulatory requiramenls lo comply wilh Se¢lion 17 of the Charities Act 2011. This report outlines how our achievements during 2019 have benefited the public. Review of activities Normally we are open seven days a week, 48 weeks of the year. However. in 2020, because of the pandemic, the Club was forced lo close for five out of twelve months. When we were able lo open, we offered a variety of activities and s$rvi¢es, induding.. a Ihfee night a week Senior Youth Club., a ttvo night a week Junior Youth Club; a two night a woek Table Tennis Club, including two competitive youth table tennis teams- competitive loolball leatlls al six different age levels. from Under 1 Os lo Under 15s', two weeks of holiday activities for Junior Club members during the February and October half terms and four weeks during the Surnrner holidays,. and a weekend residential trip to Hlndleap Warren Outdoor Activity Centre in East Sussex for the whole club. When open, The Brunswck Glub also played host lo Kixslar Dragon Taekwondo, the Fulham Junior Chess Club, Little Kickers, 8nd Samba Soc¢er, 811 of whom provided regular sessions for ehildren and young people in their respective sports.
THE BRUNSWICK CLUB TRUST TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2020 Highlights The highlights of 2020 induded-. 939 children and young people coming to the Club when open ijuring the year at an average of 56 per day., 190 children participating in six weeks of Junior holiday activity schemes during the February and Oclobar half lerrns and the Summer holidays., A record 82 children and young people enjoying an aclion.packed weekend on our annu81 r6sidential trip to Hindleap Warren Outdoor Education Cenlre., The socially distanced delivery of Easter eggs lo 70 Brunswick families right al the start of Lockdown 1., and Over 400 children and young people. with their parents and carers. exercising on our pil¢h in family groups for 11/1 hours at a lima during Lockdowns 1 &2. As one parent commented.. "The pitch slots w8re amazing. Having the pitch to run and play was a godsend." Covid-19 and Plans for the future We decided very eady on during Lockdown 1 not lo move to online delivery. We are an aclivily-based Club. Children. young people, and their parents and carers like what we do because we provide an active, healthy. and social allernalive lo time spent alone online. Also, we would never have been able lo compete for young people's attention with the likes of Fortnite or Call of Duly. As well as providing our outdoor facilili$s for free for families to exercise, we spent lh8 lime during Lockdown 1 making sure that we complied with government guidelines, so Ihsl our premises wero Covid-19 secure, and we were ready lo open again once lockdown ended. We followed the guidelines produced by the National Youth Agency and the Football Associallon for the safe delivery of youth acliwties and grassroots football. We drew up an action plan and carried out a thorough Coiid-19 risk assessment. We ensured appropriate cleaning. handwashing and hygione procedures were in pla. We pul up relevant slgnage throughout the bLJilding pmmoting soaal distancing. And where social disiancing was difficult, we did everything practical lo manage the risk of transmission, including erecting a gazebo in the car park which gave us an extra, safer, ouldoor activity area. Since the pandemlc began, we have regularly updated our risk assessments in the light of thanging govemment guidance and have maintained a cautious approach lo the r6inlrodu¢llon of services. Lockdown 3 end8d in late March 2021. Since then, we have a provided a full range of activities and services but have malntained strict control over the numb8r of children and young peoplè who can be on the premises al any one lime, the lengih of time they can stay, and how much they can mingle when they are here. To date, we have not lo ¢onlacl Test and Trace, nor lost a single day oijtside of lockdowns for any Covid-relaled reasons. We continue lo monitor the silualion and adapt our seNice delivery accordingly. Some of the adaplalions w8 will retain, such as online booking in advance. reduced numbers at our Junior Youth Club. and a completely new delivery model for our Junior Holiday Activity S¢homes, reducing the number of days ¢hildren are allowed to allend, thus increasing Ihe number of children who can allend. Most of the services we provide are now for free, and we plan lo continue this for the rest 012021, while we gradu811y relum lo pre-pandemic levels of service delivery. Rècruitment and election of trustees Trustees are appointed or re-appointed annually al Ihe Annual General Meeting. New Iruslees ar8 brlefed on their legal obligations under Charity Law and the Charity Commlsslon guldance on public benefit.
THE BRUNSWICK CLUB TRUST TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2020 Trustees The Iruslees who served (Suring the year wer8.. NN Browne {Chairmanl LEJ Bicknell, ACIB (Treasurer) MF Dunning BEM CE Hancock G Hands, M.P. AP James T James WJB Lake Lady Camilla Osborne FR Walls PCG Witheridge SGG Wilheridge Appoinled 12 March 2020 Resigned 12 March 2020 Resigned 12 Mar¢h 2020 Financial Review and Policy on Reserves The Statement of Financial Aclivilie5 for the year to 31 December 2020 shows a nel Income of £22,561 Ibelore nel investment gains of £38,147), compared lo nel income of £133 for 2019 Ibefore nel investment gains of £67,666). Note 15 shows the movement in all the Trust's funds in the year and gwes an explanation of the nature and purposes of each fund. Tha balanc6 of total unrestricted funds at the year end was £857.686 12019: £787,29918nd that of restricted funds was £6.980 12019.. £16,659). During the year £6.051 was tranSferd from unreslricled lo restricted funds and expended on the building project. In the trLJslees' view, the reserves should provid8 the Club with adequate financial stability and the means for il lo meet its charitable objectives for the foreseeable future. Of the £857,686 held in unrestricted funds, £326,926 (raised in capital appeals since 19451 and £25,433 Idesignated as al 31 Decembtsr 20201 has been earmarked for future ¢apilal expenditure on buildings and equipment., £505,327 is equivalent lo seventeen months, running costs and held to cover rnanagemenl, administration and support costs in the event of unexpectad loss of income streams. The trustees have a policy pertaining lo their portfolio of investments. This is managed in a ¢onservalive fashion between investing for long lerm capital growth and providing a reasonable income for the Club. Reserves and investments are reviewed on a quarterly basis by the trustees. Rlsk statement The major risks lo which the Club is exposed, as Identified by the trustees, have been reviewed and systems or procedures have been eslabllshed lo manage those risks. Our volunteers All the trustees donate their servi5 wilhoul charge. The charity often also relies on the conlribulSon of unpaid general volunteers in carrying out its activities. During any given year. 8-12 adult volunteers give approximaloly 1,000 hours of their lime and 15-20 jun1or volunteers (members of our Senior Club ag8d 15- 18 years) give approximately 1,500 hours of their time. Volunteering includes, but is not limited to, assisting staff in the supervision of younger children on aclivilies, driving one of the minibuses, running th& line at football matches and helping organise events. The trustees h8v8 ¢onsidered the specific provisions regarding the valuation of donated items and services and concluded that placing a monetsry value on their contribution would nol be possible or appropriate. On behalf of the Iruslees NN Browne Chairman 20 September 2021
THE BRUNSWICK CLUB TRUST INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2020 I report to the truslees on my examination ol the financial slatemenls of The Brunswid< Club Trust for the year ended 31 December 2020 on pages 9 10 19. These financial statements have been prepared in accordance with the accounllng polbcles sel out therein. This report is made solely lo the trustees in accordan with Sections 144-147 and 151-155 of the Charities Act 2011. My work has been underiaken so that I might stale lo the Iruslees those malters l am required lo slate lo them in an Independ&nl Examiner's Report and for no other purpose. To the fullest exlenl peimilled by law, I do not acpl or assume responsibility lo anyone other than the ¢harlly and the ch8ritS Iruslees for my examination work. Responsibilities and basis of report As the charills trustees, you aTe responsible for the preparation of the financial slalements in accordance with the r¢quiremenls of the Ch3rilies Act 20111"Ihe Acl'l. I report In respect of my examlnalion of the Trust's accounts carried out und&r section 145 of the 2011 Act and In carrwng out my èxaminallon. I hav8 followed the appllc8ble DSrecllons glven by the Charity Comml8slon under section 14515llbl of the Act. The charity's gross income exceeded £250,000 and l am qualified lo undertake the examination by being a qualified member of The Inslilule of Chartered Accountants in England & Wales. Ind8pendent examlner's statamont I have completed my examination. I confirm that no material matters have come to my attention in connection with th6 examination which gives me cause lo believe that in, any material respect.. the accounting records were not kept in accordance with section 130 of Ihe Charities Act., or the financial statements did not accord with the accounting records., or the financial stalemenls did not Comply wth the applicable requirements conceming the form and Content of financial statements set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'lrue and lair, wew which is not a maller considered as part of an independent ex8minalion. I have no Concerns and have come across no other mallers In connectlon wllh the examlnalion lo whlch allenlion should be drawn in this report in ord8r lo enable a proper understanding of th8 linanclal slalements 10 be reached. Mlchael Flrman FCA 20 September 2021 Begbies Chartered Accountants 9 Bonhill Street London EC2A4DJ
THE BRUNSWICK CLUB TRUST STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2020 Unrestrlct&d funds Rastrlcted funds Total 2020 Total 2019 Notes INCOME AND ENDOWMENTS FROM.. Donatlons and lega¢S0S Donations Members, subscriptions New Generation Giving Grants receivable and released 2,178 18,542 9,326 34.071 2,178 18.542 9.326 34,071 19,580 32,724 9,760 125,000 Charitable activities Club aclivilies and trips Grants and seNice level agreement for youth work other trading activities Lellings and pitch hire Vending ma¢hin6S 13,742 13,742 28.100 140,641 140,641 102.306 55,294 6,806 55,294 6,806 81,475 13,783 Investments 9,906 9,906 12,040 Total income 149,865 140,641 290,506 424,768 EXPENDITURE ON: Raising funds Fundralslng and publScSly Charitable activities Club activities and trips Other Lellings and pitch hire Vending machines Building refurbishTnenl 11,880 11.880 16,885 82,412 138,230 220,642 257.618 8.397 3.345 11,591 12.090 20,487 3,345 11,591 29,148 6,984 114,000 Total expenditure 6 117,625 150,320 267,945 424,635 Net Incomellexpenditurel for the year 32.240 19,6791 22.561 133 Other recognised gainslllosses): Raalised gainsl{lossesl Dn investments Unrealised gainsl{lossesl on investments 3,074 35,073 3,074 35,073 15.1781 72,844 Net movement in funds Total funds brought forward 70,387 787,299 19,6791 16,659 60,708 803,958 67,799 736.158 Total funds carried forward 14 857,686 6,980 864,666 803,957 10
THE BRUNSWICK CLUB TRUST STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER 2020 2020 2019 Notes Fixed assets.. Tangible assets Investments 82,052 587,283 82,052 548,333 Total fixed assets 669,335 630,385 Current assets: Debtors Cash al bank and in hand 10 2,939 211,953 78,910 105.556 Totsl curront assets 214,892 184,466 Liabilities-. Creditors." Amounts falling due within one year 19,561 10,893 Nel currenl assets 195.331 173,573 Total assets less current liabilities 14 864,666 803,958 The funds of the charlty.. Restrlcted funds 15 6,980 16,659 Unrestricted funds General fund Designated funds 505,327 352,359 440.991 346,308 857.686 787,299 Total charity funds 884,666 803,958 For the financial year ended 310Èc6rnber 2020 the charity was entitled lo exemption from audit and an audit has not been requ&sled by the trustees lor the year in question. The trustees acknowledge Ihtsir responsibililies for ensuring that Ihe charity keeps accounting records which comply with the requirements of the Charities Act 2011 I'the Act") and for preparing financial slalemenls which glve a true and fair view of the slate of affairs of the charity as al the end of the financial ytsar and ol its incoming resources and application of resources, Indudlng ils income and expenditure, for the financial year in accordance th the rèquirements of the Acl. The financial stst6mènls were approved by the board of Iruslees and authorised for issue on 20 September 2021 and are signed on its behalf by-. NN Browne Trustee LEJ Bicknell Trustee Charity Reglstration No.: 209865
THE BRUNSWICK CLUB TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020 Accounting policies Charity information The Brunswck Club Trust is an unincorporated charity. Ils place of business Is 34 Haldane Rd, Fulham. London SW6 7EU. 1.1 A¢¢ounting convention The financlal slat&m8nls have b8en prepared in accordance wth FRS fj02 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" I'FRS 102,1, the Charities Act 2011, 'Accounling and Reporting by Charilles" the Stalement of Recommended Practice for charities preparing théir accounts in accordance with the Finan¢ig1 Reporting Standard applicablé in the UK and Republic of Ireland IFRS 1021" l effective 1 January 20191. The financial statements are prepared in sterfing. which is th8 functional currency of the company. Monetary amounts in these financial slalemenls are rounded to the nearest £. The charity meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost OT transaction value unless otherwise $181ed in the relevanl accounting poli¢y notes. The financial stalemenls have been prepared on the historical cost convention except for the modificallon to a fair value basis for certain financial instruments as specified in the accounting policies below. 1.2 Golng concem The Iruslees have prepared the financial slalemenls on the going concern basis, which assumes the ability of the Club lo continutr ils activities for the foreseeable futuro, being a period of not less than e1ve months from the approval of these a¢counls. The continuing Covid-19 coronavirus has caused considerable uncertainly as lo the size, nature and duration of the impact that will result from th¢ pandemic and the national response ther810. The trustees have considered the infoirllalion available and have reasonable expectation that the Club has adequate reserves 2nd resources to continue ils operation81 actixities for the forese&ablo future. Accordingly the trustees have concluded that they can continue lo adopt the going concern basis in preparing the financial statements. 1.3 Incomè Income is recognised when the charity has enlillemenl lo the funds, any performance conditions attached lo the items of income have been met, it is probable that the income wlll be received and the amount can be measured reliably. Cash donations are recognised on receipt. Other donations are r6cognised once the charity has been notified of the donation, unless performan¢6 Conditions require deferral of the amount. Inoome lax recoverable in relallon lo donations received under Gift Aid or deeds ol covenant is recognised at the limè of the donation. 1.4 Grants and legacies accounting In accordanca with Charity SORP, grants and legacies ara only be re¢ognised wh8n all the following criteria are mel.. Enlillemenl- control over the rights or other 8¢cess lo the economic benefit has passed lo the ch8rity. Probabl8- income is recognised when Ihere Is sufficient certainty of receipt- receipt is more likely than not. Measurement- the monetary value or amount of the in¢om& Can be measured reliably. 12
THE BRUNSWICK CLUB TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020 1.5 Donated services and facilities Donaltrd professional services and donated facilities are recognised as in¢ome when the charity has control over the item, any conditions associated with th8 donated iltsm have been mel, the receipt of economic benefit from the use by the charity of the i18m is probable 8nd th81 onOMiC benefit can be measured reliably. On reipt, donated professional servlces and donated facilities are recnISed on the basis of the value of the gill lo the charity which is the amount the ¢harity would have been willing lo pay lo obtain services or facilities of 8quivalent &¢onomic benefit on Ihe open market,. a corresponding amount is then recognised in expenditure in Ihe period of receipt. In ac¢ordan¢e wih the Charities SORP IFRS 1021. the economic Contribution of general volLJnteers is not recognised in the financial statements. The trustees, Report details tho rol8 played by general volunteers and the nature of their contribution lo the charity. 1.6 Expenditure Expenditure is recognlsed onc8 thère is a legal or constructive obligatn to make a payment lo a third party, il is probable thal settlement wll be required and the amount of the obllgalion Can be measured reliably. Expenditu is classified under the following activity headings.. Costs of raising funds comprise the costs associated with altracling voluntary income and the costs of trading for fundralsing purposes, and Iheir associated support costs. Expenditure on chari18bl6 activities comprlses those wsts incurred by the charity in the d81ivery of ils activities and services for ils btrneli¢iaries. It includes boih costs that can be allocated directly lo such activities and those ¢osls of an indirect nature necessary to support them. Other expenditure represents those items not falling into any other heading. Irre¢overable VAT is charged as a cost against the activity for which the expenditure was incurred. 1.7 AllocatSon of support costs Support costs are those functions th81 assist the work of the charity but do not directly undertake charitable activities. Support costs include back office costs, finan¢e, personnel, payroll and 9ovemanc8 costs which SUPPOTt the Trust's activities. These costs have been allocated between cost of raisit)g funds and expenditu on charitable activities. The bases on which support costs have boen allocated are set out in note 6. 1.8 Tanglble flxed assets and depreciation Tangible fixed assets are initially measured al cost and subsequently measured at cost or Valuatn, nel of depreciation and any impairment Ioss8S. Freehold property which is held for charitable and inv8slm8nl purposes is not depreciated. Depreciation is recognised so as lo write off Ihts cosl less their residual values over their useful lives and written off over 3 years. 1.9 Fixed asset investment Investments held as fixed assets are revalued at mid-markel value al the balance sheet dale in order to comply with the requirements of the SORP. Realised and unrealised gains and losses are shown separately in the appropriate section of th6 Slatemanl of Financial Aclivilies. 1.10 Debtors Trade and other debtors a recognised at the settlement amount due after any Irade discount offered. Propayments are valued al the amount prepaid nel of any trade discounts due. 1.11 Cash at bank and in hand Cash at bank and cash in hand Includas cash and short term highly IUld inveslmenls. 13
THE BRUNSWICK CLUB TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020 1.12 Creditors and provisions Creditors and provisions are re¢ognised whore the charity has a present obligation reslslling from a past event that will probably result in the Iransfer of funds to a Ihlrd party and the amount due lo sellle the obligation can bè méasured or eslimaled reliably. CdItorS and provisions arè normally recognised al their selllemenl amount aller allowing for any trade discounts due. 1.13 Financial instruments The charity only has financial assets and linanclal Ilabililies of a kind that qualify as basic flnanclal inslrumenls. Basic financial instruments, whi¢h include trade and other receivables and cash and bank balances. are inltially recognlsed al transaction value and subsequently measurad al their selllement value. 1.14 Fund aceounting Unreslricted funds comprise accumulated surpluses on the general funds and desigt)aled funds. Designated funds are amounts which have been pul aside out of unrestricted funds at the discretion of the Iruslees. General unrestricted funds represent UnstrIcted income which is expendable al the dis¢relion of the trustees in furtherance ol the objects of the charity. Reslricle¢S ftjnds represent grants and donations for speuflc purposes which are thefOre not available for other purposes. 1.15 Critical aceounting estimates and judgements In the application of the charity's accounting policies, the trustees are required lo make judgsments, eslimalgs and assumptions about th8 Garrying amount of assets and liabilities that are not readily apparonl from other sources. The eslimales and asso¢i8led assumptions are based on historical experience and other factors th81 are considered lo be relevant. Actual results may differ fmm these eslimales. The èsllmales and underlwng assumptions are reviewed on an ongoing basis. Revisions to accounting eslimalos are recognised in the period in which the estimate is revised wh6r& thè revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods. Grants receivable and relaasèd Unrestricted Restricted funds funds Total 2020 Total 2019 Covid-lg grants from the UK governm&nl for.. Small business interruption Coronavirus lob retention scheme 25,000 9,071 25,000 9,071 Grants for the 70th Anniversary building refurbishm&nt from.. Dr Edwards & 8ishop King's Fulham Charity Garfield Weston Foundation London Marathon Charitable Trust Lealhersellers, Company Charitable Fund Bernard Sunley Charilable Foundation Beatrice Laing Trusl 25,000 25,000 20,000 25,000 25,000 5,000 34,071 34,071 125,000 14
THE BRUNSWICK CLUB TRUST NOTES TO THE FSNANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020 Activities to furthèr thè charity's objects: Grants and seNice level agreement for youth work Unrestrloted Restricted funds funds Total 2020 Total 2019 L.B. Harllmersmilh & Fulham under service level agreements for.. Communlty-based Youth Provision Brunswck Juniors 45,654 35.000 45,654 35.000 47,000 35.000 Grants receivable for charitable activities.. Club activities - Jack Pet¢hey Foundation - John Lyon's Charity Young HammèrsmSlh & Fulham Foundation - Thè H Stèven and P E Wood Charitsble Trust UK Youth Fund 1,500 40,000 1,500 40,00(J 2,250 420 500 500 6,150 500 6,150 Holid8y scheme and trips Dr Edwards & Bishop King's Fulham Charity The Daisy Trust The 8roughlon Family Charitable Trust The Hedlay Foundation The Worshipful Company of Tylers and Bricklayers The Co-op Local Community Fund 4.335 4,190 4.190 1,500 2,000 1,000 8,301 7,647 7.647 140,641 140,641 102,306 Invèstment income Unrestricted Unrestricted general Restricted designated fund fund fund Total 2020 Total 2019 Dividends from listed investments Interest on bank deposits 9,875 12 9,875 31 11,986 54 19 9,887 19 9,906 12,040 Net incomellexpenditurel for the yaar 2020 2019 This is staled after charging,. Payment lo the a¢countants for.. Independent examination Accountancy servlces 2,070 1,700 2.040 1.950 3,770 3,990 15
THE BRUNSWICK CLUB TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020 Analysis of governance and support costs Tho charity apportions its support costs and gov8rnance costs belween the key activities undertaken in the year on a basis ¢onsislent with the use of tho resour¢gs Sncluding allocaling employees costs by tho lime spent and other costs by their usage. The table below shows the basis lor apportionment and the analysis of support and governance costs. Raising Lettingsl Club funds pltch hire a¢tlvltle$ other Total 2020 Total 2019 Costs directty altribulable lo aclivilies.. Glub activities Holidays and trips Vending machines Building refurbishment Support Costs.. Staff costs Gas and electricity General and water rates Cleaning & hygiene Telephone Building maintenance Insuran Youlhwork equipment Postage and slalionery Computer running costs Ac¢ounlancy and bookkeeping DepcIatIOn of fixed assets Bank and other charges Sundrie5 Governance costs.. Independent examinerfs fee Legal and professional fees 27.952 20,972 27.952 20,972 3,345 11.591 44,199 38,951 6,984 114,000 3,345 11,591 11,880 7,695 1,019 134,328 7,640 {2111 2,303 934 9,095 2,730 1,091 1,033 2,005 1,406 153,903 8,659 {1981 4.072 949 18.190 3,413 1,232 1,050 2,046 1,406 142,056 7,678 5.167 1.769 15 9.095 683 141 17 41 1,846 33.482 3,301 1.049 2,927 3.746 2,068 5,332 125 2,088 120 1,602 120 1,602 3,770 3,871 3,770 3,871 3,990 5,646 11,880 20,488 220,641 14,936 267,945 424,635 Ralslng Leltingsl funds pitch hire Club activities Other Total 2020 Total 2019 Apportioned between= UnTeslri¢led funds Restricted funds 11,880 8,398 12.090 82,411 138,230 14,936 117,625 150,320 204,822 219,813 11,880 20,488 220,641 14.936 267.945 424.635 Taxatlon The Brunswick Club Trust Is 8 registered d)arity 8nd doe8 not trade for lax purposes. It Is not Ilable to corporalion lax on its nel incoming resour¢es. 16
THE BRUNSWICK CLUB TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020 Flxed assèts Freehold property Flxturès, & flltings & Improvem equlp- ents ment Motor vehlcles Football pltch Total Cost At 1 January 2020 and 31 Decgmber 2020 292,194 84,024 27,309 64,377 467,904 Depreciation At 1 January 2020 and 31 December 2020 210,142 84,024 27.309 64,377 385,852 Carrying amount Al 31 December 2020 82,052 82,052 Al 31 December 2019 82.052 82.052 Flxed asset investmellts 2020 2019 Listed inv8slmenls'. Flxed interest Equities 57,352 529,931 51,925 496,408 Market value 587.283 548,333 Historic cost 430,448 426,572 10 Debtors 2020 2019 Prepayments Accrued in¢omo 2,939 3,910 75,000 2,939 78,910 17
THE BRUNSWICK CLUB TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020 11 Credltors; amounls falllng due wlthln one yoar 2020 2019 Accruals Deferred income 8,815 10,746 19,561 10,893 10,893 12 Trustees. expenses and transactions None of the truslè8s lor any persons conne¢l6d with Ih8ml received 8ny remuneration or roimbursemenl of expenses during the year12019.' Nill. During the year, the Iruslees made donations lolalling £480 {2019.' £850). 13 Employees The average number of employees during the year was.. 2020 2019 Youlhwork- full-lime Youlhwork- part-lime Support staff- part-lime 15 17 Employment costs 2020 2019 Wagas and salaries Social security costs Pension ¢osls 143.995 4,985 4,923 133.089 4.652 4,315 153,903 142,056 There were no employees whose annual emoluments were £60,000 or more. 14 Analysis of net assets between funds Unrastrl¢t&d R&$trlct&d fund fund 2020 Total 2019 Total Fixed assèts Investments Current assets Cr8dilors". amounts falling due within one year 82,052 82,052 82,052 587.283 587,283 548,333 193,392 21,500 214,892 184,465 15,0411 114,5201 119.561) 110,8931 857,686 6,980 864.666 803,957 18
THE BRUNSWICK CLUB TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020 15 Movement in funds As at 1 Incoming Outgoing Transfer Asat31 Jan 2020 SOurCeS resources bet fund5 Dec 2020 Ilnc. galnsl Inc. lossès Unrestricted funds Gonaral fund 440.991 188.012 1117.6251 {6.0511 505.327 Deslgnaled funds Contribtjtions in 0118g 79 Donations Legacy Share of 1947 National Appeal 1971 Appeal 1989 App&al Donations - The Foundation for Sport and the Building Fund Dulverton Trust EndowTnenl Soth Anniversary appeal fund Building refurbishment fund 13,263 17,284 10,000 22,979 25,822 96,484 50,000 20,646 40,000 30,448 19,382 13,263 17,284 10,000 22.979 25,822 96,484 50,000 20,646 40,000 30,448 25.433 6.051 Total unrestricted furjds 787,299 188,012 {117,6251 857,686 Restricted funds LB H&F Provision of Youth S8rvices Brunswick Juniors Club a¢livilies Holiday scheme and trips 70th Anniversary Refurbishment Project 45,654 35,000 48,150 11,837 145,654} 135,000} 141,170} 113,582} 114,914} 6,980 1,745 14,914 Total restricted funds 16,659 140,641 {150,320} 6,980 Totsl funds 803,958 328,653 {267,945) 864,666 16 Events after the reporting date The trustees, view on the impact of Covid-19 pandernic is disclosed in tho trustees, report and in the going ¢on¢ern accounting policy. 19