2022-03-31-accounts - The British Wheelchair Sports Foundation Limited

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	`Page`
`StatementfromthePresident`
`Chairman'sStatement`
`ChiefExecutiveOverview`
`Trustees'Report`
`StatementofTrustees’Responsibilities`	`11`
`IndependentAuditor'sReport`	`12-14`
`StatementofFinancialActivities`	`15`
`BalanceSheet`	`16`
`StatementofCashFlows`	`17`
`NotestotheFinancialStatements`	`18` `-29`

`THEBRITISHWHEELCHAIR`	`THEBRITISHWHEELCHAIR`	`SPORTS`	`FOUNDATIONLIMITED`	`FOUNDATIONLIMITED`	`FOUNDATIONLIMITED`
`STATEMENTOFFINANCIAL`	`ACTIVITIES`
`INCLUDINGINCOMEAND`	`EXPENDITUREACCOUNT`
`FORTHEYEARENDED31`	`MARCH2022`
		`Unrestricted`	`Designated`	`Restricted`	`Total`	`Total`
		`funds`	`funds`	`funds`
		`2022`	`2022`	`2022`	`2022`	`2021`
	`Notes`	`£`	`£`	`£`	`£`	`£`
`Incomeandendowmentsfrom:`
`Donationsandlegacies`	`3`	`149,451`	`-`	`246,080`	`395,531`	`410,446`
`Charitableactivities`	`4`	`525`	`-`	`-`	`525`	`1,580`
`Othertradingactivities`	`5`	`257,215`	`-`	`-`	`257,215`	`154,329`
`Investments`	`6`	`15,717`	`-`	`-`	`15,717`	`14,369`
`Furloughincome`		`9,619`	`-`	`-`	`9,619`	`67,202`
`Totalincome`		`432,527`	`-`	`246,080`	`678,607`	`647,926`
`Expenditureon:`
`Raising funds`	`7`	`201,128`	`-`	`-`	`201,128`	`182,943`
`Charitableactivities`	`9`	`183,587`	`-`	`629,466`	`813,053`	`744,857`
`Stadiumcontractsupport`	`10`	`100,000`	`-`	`-`	`400,000`	`-`
`Totalresourcesexpended`		`484,715`	`-`	`629,466`	`1,114,181`	`927,800`
`Netgainsoninvestments`	`13`	`21,653`	`-`	`-`	`21,653`	`55,886`
`Netoutgoingresourcesbefore`
`transfers`		`(30,535)`	`-`	`(383,386)`	`(413,921)`	`(223,988)`
`Grosstransfersbetweenfunds`		`(574,513)`	`500,000`	`74,513`	`-`	`-`
`Netmovementinfunds`		`(605,048)`	`500,000`	`(308,873)`	`(413,921)`	`(223,988)`
`Fundbalancesat1 April2021`		`1,651,378`	`-`	`3,785,015`	`5,436,393`	`5,660,381`
`Fundbalancesat31March2022`		`1,046,330`	`500,000`	`3,476,142`	`5,022,472`	`5,436,393`

	`Notes`	`£`	`£`	`E`	`£`
`Cashflowsfromoperatingactivities` `Cashgeneratedfromoperations`	`25`		`236,910`		`100,765`
`Investingactivities` `Purchaseoftangiblefixedassets` `Interestreceived`		`(12,365)` `15,717`		`(29,381)` `14,369`
`Netcashgeneratedfrom/(usedin)` `investingactivities`			`3,352`		`(15,012)`
`Netcashusedinfinancingactivities`
`Netincreaseincashandcashequivalents`			`240,262`		`85,753`
`Cashandcashequivalentsatbeginningofyear`			`1,011,031`		`925,278`
`Cashandcashequivalentsatendofyear`			`1,251,293`		`1,044,031`

`Donationsandlegacies`
	`Unrestricted`	`Restricted`	`Total`	`Total`
	`funds`	`funds`	`2022`	`2021`
	`£`	`£`	`£`	`£`
`Donationsandgifts`	`50,211`	`13,513`	`63,724`	`64,924`
`Incomefromtrustsandlegacies`	`96,690`	`140,692`	`237,382`	`238,053`
`Grants`	`2,550`	`91,875`	`94,425`	`107,472`
	`149,451`	`246,080`	`395,531`	`410,446`
`Fortheyearended31March2021`	`212,670`	`197,776`		`410,446`
`Charitableactivities`
			`2022`	`2021`
			`£`	`£`
`Incomingresourcesfromcharitableactivities`			`525`	`1,580`
`Othertradingactivities`
	`Unrestricted`	`Restricted`	`Total`	`Total`
	`funds`	`funds`	`2022`	`2021`
	`£`	`£`	`£`	`£`
`Fundraisingevents`	`145,672`	`-`	`145,672`	`73,732`
`Stadiumincome`	`411,543`	`-`	`111,543`	`80,597`
`Othertradingactivities`	`257,215`	`-`	`257,215`	`154,329`
`Fortheyearended31March`
`2021`	`154,279`	`50`		`154,329`
`Investments`
			`2022`	`2021`
			`£`	`£`
`Interestfrominvestments`			`15,717`	`14,369`

`Raisingfunds`
	`2022`	`2021`
`Fundraisingandpublicity`
`Stagingfundraisingevents`	`574`	`1,726`
`Otherfundraisingcosts`	`56,684`	`17,058`
`Staffcosts`	`96,866`	`107,677`
`Supportcosts(seenote10)`	`11,704`	`13,266`
	`165,825`	`139,727`
`Operatingcosts`
`Supportcosts(seenote10)`	`35,303`	`43,216`
	`201,128`	`182,943`
`Trustees`
`Noneofthetrustees(oranypersonsconnectedwiththem)receivedanyremunerationorbenefits`		`fromthe`
`charityduringtheyear.`
`Charitableactivities`
	`2022`	`2021`
		`£`
`Staffcosts` `Sportscamps`	`258,100` `71,500`	`274,204` `39,221`
`Juniorgames` `Nationalgames` `Othersportsexpenditure`	`4,155` `10,063`	`(26)` `2,518` `4,574`
	`340,818`	`320,491`
`Shareofsupportcosts(see note10)`	`472,235`	`424,366`
	`813,053`	`744,857`

`10`	`Supportcosts`
		`SupportGovernance`			`2022`	`Supportcosts`			`Governance`		`2021`
		`costs`	`costs`						`costs`
		`£`	`£`		`£`		`£`		`£`		`£`
	`Staffcosts`	`-`	`17,243`		`17,243`			`-`	`17,368`		`17,368`
	`Depreciation`	`374,706`		`-`	`374,706`		`367,245`			`-`	`367,245`
	`Stadiumcontractsupport`	`100,000`		`-`	`100,000`			`-`		`-`	`-`
	`Ratesandinsurance`	`40,340`	`2,123`		`42,463`		`36,919`		`1,941`		`38,860`
	`Maintenance`	`41,169`		`-`	`41,169`		`1,718`			`-`	`1,718`
	`Overheads`	`14,906`	`1,141`		`16,047`		`19,415`		`1,258`		`20,673`
	`Finance& administration`	`3,406`	`260`		`3,666`		`1,210`		`47`		`1,257`
	`irrecoverableVAT`	`9,412`	`495`		`9,907`		`11,125`		`586`		`11,711`
	`Auditfees`	`-`	`5,000`		`5,000`			`-`	`4,000`		`4,000`
	`Legalandprofessional`	`-`	`9,041`		`9,041`			`-`	`17,237`		`47,237`
	`Otherdirectcosts`	`-`		`-`		`-`		`-`	`779`		`779`
		`583,939`	`35,303`		`619,242`		`437,632`		`43,216`		`480,848`
	`Analysedbetween`
	`Fundraising`	`11,704`		`-`	`11,704`		`43,266`			`-`	`13,266`
	`Trading`	`-`	`35,303`		`35,303`			`-`	`43,216`		`43,216`
	`Charitableactivities`	`472,235`		`-`	`472,235`		`424,366`			`-`	`424366`
	`Stadiumcontractsupport`	`100,000`		`-`	`100,000`			`-`		`-`	`-`
		`583,939`	`35,303`		`619,242`		`437,632`		`43,216`		`480,849`
	`Governancecostsincludespaymentstothe`		`auditors`	`of£5,000(2021`			`-£4,000)for`		`auditfees.`
`11`	`Employees`
	`Numberofemployees`
	`Theaveragemonthlynumber`	`ofemployees`	`duringtheyearwas:`
									`2022`		`2021`
									`Number`		`Number`
									`16`		`18`
	`Thefulltimeequivalentnumberofemployeesincludedwithintheaboveaverage`							`numberswas`		`11`
	`(2021:11).`
	`Employmentcosts`								`2022`		`2021`
									`£`		`£`
	`Wagesandsalaries`								`329,823`		`351,470`
	`Socialsecuritycosts`								`24,225`		`29,314`
	`Otherpensioncosts`								`18,161`		`18,465`
									`372,209`		`399,249`
			`-24-`

`12`	`Tangiblefixedassets`
		`Leasehold`		`Plantand`	`Total`
		`improvements`		`machinery`
		`£`		`£`	`£`
	`Cost`
	`At1 April2024`	`11,255,174`		`119,405`	`11,374,579`
	`Additions`		`-`	`42,365`	`12,365`
	`Reclassifications`	`16,419`		`(16,419)`	`-`
	`At31March2022`	`11,271,593`		`115,351`	`11,386,944`
	`Depreciationandimpairment`
	`At1 April2021`	`7,149,402`		`73,072`	`7,222,474`
	`Depreciationchargedintheyear`	`363,565`		`11,144`	`374,706`
	`At 31March2022`	`7,512,967`		`84,213`	`7,597,180`
	`Carryingamount`
	`At31March2022`	`3,758,626`		`31,138`	`3,789,764`
	`At31March2021`	`4,105,772`		`46,333`	`4,152,105`
`13`	`Netgainsoninvestments`
				`2022`	`2021`
				`£`	`£`
	`Revaluationofinvestments`			`21,653`	`55,886`
`14`	`‘Fixedassetinvestments`
		`M&G`		`Other`	`Total`
		`Unlisted`		`investments`
		`investments`
		`£`		`£`	`£`
	`Costorvaluation`
	`At1 April2021`	`297,130`		`1,000`	`298,130`
	`Revaluationthisyear`	`21,653`		`-`	`21,653`
	`At31March2022`	`318,783`		`4,000`	`319,783`
	`Carryingamount`
	`At31March2022`	`318,783`		`1,000`	`319,783`
	`At31March2021`	`297,130`		`1,000`	`298,130`
				`2022`	`2021`
	`Otherinvestmentscomprise:`	`Notes`		`£`	`£`
	`Investmentsinsubsidiaries`	`24`		`1,000`	`4,000`