```
REGISTERED CHARITY NUMBER: 1063762
```
## **`Trustees' Report and`**
## **`Unaudited Financial Statements for the Year Ended 31 May 2024`**
## **`for`**
```
Harvesters Football Club
```
```
Gravita Essex Limited
Chartered Certified Accountants
Treviot House
186-192 High Road
Ilford
Essex
IG1 1LR
```
```
Harvesters Football Club
```
```
Contents of the Financial Statements
for the Year Ended 31 May 2024
```
|||**`Page`**||
|---|---|---|---|
|**`Trustees' Report`**|`1`|`to`|`3`|
|**`Independent Examiner's Report`**||`4`||
|**`Statement of Financial Activities`**||`5`||
|**`Balance Sheet`**||`6`||
|**`Notes to the Financial Statements`**|`7`|`to`|`11`|
|**`Detailed Statement of Financial Activities`**|`12`|`to`|`13`|
```
Harvesters Football Club
```
## **`Trustees' Report for the Year Ended 31 May 2024`**
```
Thetrusteespresenttheirreportwiththefinancialstatementsofthecharityfortheyearended31May2024.Thetrustees have
adoptedthe provisionsof Accountingand Reportingby Charities:Statementof RecommendedPracticeapplicableto charities preparing
theiraccountsinaccordancewiththeFinancialReportingStandardapplicableintheUKandRepublicofIreland(FRS102)(effective 1
January 2019).
```
```
Thetrusteespresenttheirreportwiththefinancialstatementsofthecharityfortheyearended31May2024.Thetrustees have
adoptedthe provisionsof Accountingand Reportingby Charities:Statementof RecommendedPracticeapplicableto charities preparing
theiraccountsinaccordancewiththeFinancialReportingStandardapplicableintheUKandRepublicofIreland(FRS102)(effective 1
January 2019).
```
```
Thisyear,the club successfullydelivereda full calendarof activities,markinga significantmilestonein our returnto a vibrant schedule.
Highlightsincluded our end-of-seasoncelebrationevent and the WFL League Finals Day, both of which showcasedour excellent facilities
and provided outstanding opportunities for engagement with our members and the wider football community.
```
```
Lookingahead,the club is committedto broadeningits reachby introducinginclusivity-focusedfootballinitiatives.Theseeffortsaim to
ensurethatplayersofallabilities,backgrounds,andcommunitiesfeelwelcomeandhavetheopportunitytoparticipate, further
strengthening our position as a hub for grassroots football and community connection.
```
```
Froma financialperspectivethe club has been able to able to retainmembershipsubscriptionsand the numberof teamshas remained
largely in line with previousyears.It is criticalfor financialstabilitythat the subscriptionsremain strong as a large proportionof our cost
base is fixed cost,includingthe purchaseof kit for all membersand groundmaintenancecosts.High levelsof inflationoverthe last few
yearshave led to increasedcostsfor the club.To mitigatethe financialimpact,the club have lookedto introducenew sponsorship and
grantopportunitieswherepossible.Thereservespolicyhasalsobeenreviewedtoensurethereisenoughliquiditywithintheclub to
continueto operateregardlessof any possibilityof disruptionof activity.The Trusteesare now lookingforwardto see how the club can
evolve in the future and continue to develop and work towards our charitable objectives.
```
```
Thefinancialresultsfortheclubarestrong.Followinglossesmadein recentyears,thesustainedefforttosecuresponsorship income
andmanagecostshasenabledasignificantsurplustobemadewhichwillhelpincreasetheassetreplacementfundand provide
contingency against unexpected future cost commitments as well as other investment opportunities.
```
```
The club continuesto flourish,with a growingmembershipof over 500 players,includingboth boys and girls, solidifyingits role as a vital
communityasseton the eastsideofSt Albans.Theinvaluablecontributionsofparentsremaincentralto the club'ssuccess,with many
volunteering their time to manage teams, take on administrative responsibilities, and serve on the Trustee committee.
```
```
The trusteeswouldlike to thank all of those involvedin the running of the Harvestersfor giving their time and commitmentto what is a
majorcommunityasset.TheTrusteesextendtheirheartfeltgratitudetoeveryoneinvolvedintherunningofHarvesters. Your
dedication,time,andunwaveringcommitmenthavebeeninstrumentalinsustainingandgrowingwhatistrulyacornerstoneof our
community.Thecollectiveeffortsofourvolunteers,staffandparentsensurethatHarvesterscontinuestothriveasa vital community
asset, fostering connection, development, and a love for football.
```
## **`OBJECTIVES AND ACTIVITIES`**
## **`Objectives and aims`**
```
Thecharity'sobjects("theobjects")shallbetoprovidefacilities,promotethegameofAssociationFootball,toarrangematches and
social activities for its members, and community participation in the same.
```
```
Theclubisdeterminedtoprovidefootballdevelopmentforall.Webelieveweplayakeyroleinthelocalcommunityand providing
excellentcoachingand the opportunityto play competitivematchesirrespectiveof gender,abilityor backgroundis vitallyimportant to
meet our social responsibilities and to the future growth and success of the club.
```
```
Page 1
```
```
Harvesters Football Club
```
## **`Trustees' Report for the Year Ended 31 May 2024`**
## **`ACHIEVEMENT AND PERFORMANCE`**
## **`Charitable activities`**
```
Over the past year, the charitydelivereda range of activitiesthat engaged diverse members of the local communityin both physical and
socialpursuits.Theseinitiatives,nowembeddedinourregularoperations,continuetoplayavitalroleinpromoting community
well-being.Lookingto the future, we are excited to expand our offeringsby introducinginclusivefootballinitiatives.These programs will
aimtoensurethatindividualsofallabilitiesandbackgroundscanparticipate,aligningwithourcommitmenttomaking football
accessible to everyone in our community.
```
```
Overthepastyearthecharityrananumberofactivitiesinvolvingthediversemembersofthelocalcommunityinphysicaland social
activities,thesewillcontinueaspartofbusinessasusual.Soccerschoolswererunduringholidayperiodsattractingattendance from
local youngsters who had the opportunity to improve their football skills by working with the club's qualified coaching team.
```
## **`FINANCIAL REVIEW`**
## **`Reserves policy`**
```
Followingthe excellentrunning of HarvestersFootballClub by previousgenerationsof Trustees and management,we are in the position
tohaveourowndedicatedgroundatSmallford.Theclubmanagesit'sreservestoensureassetsassociatedwithmaintainingthe site
can be replaced when they fall due.
```
```
Theclubwillcontinuetobemanagedtoensurecashisretainedinlinewiththedepreciationchargeintheaccountstocontinue to
maintain reserves. The Trustees are also committed to ensure cash reserves never drop below one quarter of annual costs.
```
```
Followinga number of years of recordinga financialloss,the club has returneda significantprofitin the year resultingin the club being
in strong financial position despite the expenditure on the All-Weather Pitch.
```
## **`STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document`**
```
Thetrustisaregisteredcharity,number1063762,andisconstitutedunderaconstitutionadoptedon22ndJune1997,updated in
March 2022.
```
## **`Organisational structure`**
```
Thenumberoftrusteesshallbe notlessthantwobut (unlessotherwisedeterminedby ordinaryresolution)shallnotbe subjectto any
maximumprovidedalwaysHarvestersFootballClub(oranysuccessorbody)shallbeentitledtonominatethenumberof people
specified opposite its name to be trustees.
```
## **`Induction and training of new trustees`**
```
The trustee responsiblefor compliancebriefs new trusteeson their legal obligationsunder charityand companylaw; the contentof the
MemorandumandArticlesofAssociation;thedecisionmakingprocesses;thebusinessplanandrecentfinancialperformanceof the
charity. Trustees are encouraged to attend appropriate external training events where these will facilitate the undertaking of their role.
```
## **`Risk management`**
```
The trusteeshave a duty to identifyand reviewthe risks to whichthe charityis exposedand to ensure appropriatecontrolsare in place
to provide reasonable assurance against fraud and error.
```
## **`REFERENCE AND ADMINISTRATIVE DETAILS`**
## **`Registered Charity number`**
```
1063762
```
## **`Principal address`**
```
c/o J. Holmes, Finance Officer
13 Oakhill Drive
Welwyn
Hertfordshire
AL6 9NW
```
```
Page 2
```
```
Harvesters Football Club
```
## **`Trustees' Report for the Year Ended 31 May 2024`**
## **`Trustees`**
```
M Kelly
A D Parker
D Ede Trustee
S Jacobs Trustee
A Cooper
```
## **`Independent Examiner`**
```
Gravita Essex Limited
Chartered Certified Accountants
Treviot House
186-192 High Road
Ilford
Essex
IG1 1LR
```
```
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
```
```
.................................................................................
M Kelly - Trustee
```
```
Page 3
```
## **`Independent Examiner's Report to the Trustees of Harvesters Football Club`**
## **`Independent examiner's report to the trustees of Harvesters Football Club`**
```
IreporttothecharitytrusteesonmyexaminationoftheaccountsofHarvestersFootballClub(theTrust)fortheyear ended
31 May 2024.
```
## **`Responsibilities and basis of report`**
```
As the charitytrusteesof the Trustyou are responsiblefor the preparationof the accountsin accordancewiththe requirementsof the
Charities Act 2011 ('the Act').
```
```
IreportinrespectofmyexaminationoftheTrust'saccountscarriedoutunderSection145oftheActandincarryingout 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`**
```
Ihavecompletedmyexamination.Iconfirmthatnomaterialmattershavecometomyattentioninconnectionwiththe 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 havenoconcernsandhavecomeacrossnoothermattersin connectionwiththeexaminationtowhichattentionshouldbe drawn in
this report in order to enable a proper understanding of the accounts to be reached.
```
```
Jay Gandesha FCCA
```
```
Gravita Essex Limited
Chartered Certified Accountants
Treviot House
186-192 High Road
Ilford
Essex
IG1 1LR
```
```
Date: .............................................
```
```
Page 4
```
## **`Harvesters Football Club`**
## **`Statement of Financial Activities for the Year Ended 31 May 2024`**
|`Unrestricted`
`Restricted`
`funds`
`fund`
`Notes`
`£`
`£`
**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
**`212,100`**
**`(1,493)`**
`Other trading activities`
`2`
**`32,242`**
**`-`**
`Investment income`
`3`
**`1,618`**
**`365`**
**`Total`**
**`245,960`**
**`(1,128)`**
**`EXPENDITURE ON`**
`Raising funds`
**`-`**
**`-`**
**`Charitable activities`**
`Smallford expenses`
**`1,229`**
**`6,053`**
`Other expenditure`
**`266,969`**
**`270`**
**`Total`**
**`268,198`**
**`6,323`**
**`NET INCOME/(EXPENDITURE)`**
**`(22,238)`**
**`(7,451)`**
**`Transfers between funds`**
`9`
**`614`**
**`(614)`**
**`Net movement in funds`**
**`(21,624)`**
**`(8,065)`**
**`RECONCILIATION OF FUNDS`**
`Total funds brought forward`
**`293,182`**
**`55,707`**
**`TOTAL FUNDS CARRIED FORWARD`**
**`271,558`**
**`47,642`**|**`2024`**
**`Total`**
**`funds`**
**`£`**
**`210,607`**
**`32,242`**
**`1,983`**
**`244,832`**
**`-`**
**`7,282`**
**`267,239`**
**`274,521`**
**`(29,689)`**
**`-`**
**`(29,689)`**
**`348,889`**
**`319,200`**|`2023`
`Total`
`funds`
`£`
`212,906`
`33,782`
`486`|
|---|---|---|
|||`247,174`|
|||`487`
`20,028`
`224,537`|
|||`245,052`|
|||`2,122`
`-`|
|||`2,122`
`346,767`|
|||`348,889`|
```
The notes form part of these financial statements
```
```
Page 5
```
## **`Harvesters Football Club`**
## **`Balance Sheet 31 May 2024`**
|`Unrestricted`
`Restricted`
`funds`
`fund`
`Notes`
`£`
`£`
**`FIXED ASSETS`**
`Tangible assets`
`6`
**`132,247`**
**`16,662`**
**`CURRENT ASSETS`**
`Debtors`
`7`
**`21,870`**
**`-`**
`Cash at bank and in hand`
**`128,460`**
**`30,980`**
**`150,330`**
**`30,980`**
**`CREDITORS`**
`Amounts falling due within one year`
`8`
**`(11,019)`**
**`-`**
**`NET CURRENT ASSETS`**
**`139,311`**
**`30,980`**
**`TOTAL ASSETS LESS CURRENT LIABILITIES`**
**`271,558`**
**`47,642`**
**`NET ASSETS`**
**`271,558`**
**`47,642`**
**`FUNDS`**
`9`
`Unrestricted funds`
`Restricted funds`
**`TOTAL FUNDS`**|**`2024`**
**`Total`**
**`funds`**
**`£`**
**`148,909`**
**`21,870`**
**`159,440`**
**`181,310`**
**`(11,019)`**
**`170,291`**
**`319,200`**
**`319,200`**
**`271,558`**
**`47,642`**
**`319,200`**|`2023`
`Total`
`funds`
`£`
`169,816`
`19,681`
`194,276`
`213,957`
`(34,884)`
`179,073`
`348,889`
`348,889`
`293,182`
`55,707`|
|---|---|---|
|||`348,889`|
```
ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissueon.............................................and were
signed on its behalf by:
```
```
.............................................
M Kelly - Trustee
```
```
The notes form part of these financial statements
```
```
Page 6
```
```
Harvesters Football Club
```
## **`Notes to the Financial Statements for the Year Ended 31 May 2024`**
## **`1. ACCOUNTING POLICIES`**
## **`Basis of preparing the financial statements`**
```
Thefinancialstatementsofthe charity,whichis a publicbenefitentityunderFRS 102,havebeen preparedin accordance with
theCharitiesSORP(FRS102)'AccountingandReportingbyCharities:StatementofRecommendedPracticeapplicable to
charitiespreparingtheiraccountsinaccordancewiththeFinancialReportingStandardapplicableintheUKandRepublic of
Ireland(FRS102)(effective1 January2015)',FinancialReportingStandard102'TheFinancialReportingStandardapplicable in
the UK and Republic of Ireland' and the Charities Act 2011.
```
## **`Income`**
```
All income is recognisedin the Statementof FinancialActivitiesonce the charityhas entitlementto the funds, it is probable that
the income will be received and the amount can be measured reliably.
```
## **`Expenditure`**
```
Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructiveobligationcommittingthecharityto that
expenditure,it is probablethat a transferof economicbenefitswill be requiredin settlementand the amountof the obligation
canbemeasuredreliably.Expenditureisaccountedforonanaccrualsbasisandhasbeenclassifiedunderheadings that
aggregateallcostrelatedtothecategory.Wherecostscannotbedirectlyattributedtoparticularheadingstheyhave been
allocated to activities on a basis consistent with the use of resources.
```
## **`Tangible fixed assets`**
```
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
```
|`All weather pitch`|**`- Straight line over 35 years`**|
|---|---|
||**`- Straight line over 10 years`**|
|`Improvements to premises`|**`- Straight line over 20 years`**|
|`Plant and machinery`|**`- 25% reducing balance`**|
## **`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.
```
```
Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsofthecharity.Restrictionsarise when
specified by the donor or when funds are raised for particular restricted purposes.
```
```
The restricted funds are as follows:
```
```
All Weather Pitch was capitalised and being depreciated over the years.
```
||**`Mark Lindgren`**|**`All Weather`**||
|---|---|---|---|
||**`Memorial Funds`**|**`Pitch`**|**`Total 2024`**|
|`Balance at 01 June 2023`|`32,379`|`22,351`|`54,730`|
|`Donations or Grants received`|`465`|`0`|`465`|
|`Expenditure`|`(1,863)`|`(5,689)`|`(7,552)`|
|**`Balance at 31 May 2024`**|`30,980`|`16,662`|**`47,642`**|
```
continued...
```
```
Page 7
```
```
Harvesters Football Club
```
## **`Notes to the Financial Statements - continued for the Year Ended 31 May 2024`**
## **`2. OTHER TRADING ACTIVITIES`**
|`Sponsorships`
`Hire of facilities`
**`INVESTMENT INCOME`**
`Deposit account interest`|**`2024`**
**`£`**
**`9,274`**
**`22,968`**
**`32,242`**
**`2024`**
**`£`**
**`1,983`**|`2023`
`£`
`8,917`
`24,865`|
|---|---|---|
|||`33,782`|
|||`2023`
`£`
`486`|
## **`3. INVESTMENT INCOME`**
## **`4. TRUSTEES' REMUNERATION AND BENEFITS`**
```
There were no trustees' remuneration or other benefits for the year ended 31 May 2024 nor for the year ended 31 May 2023.
```
## **`Trustees' expenses`**
```
There were no trustees' expenses paid for the year ended 31 May 2024 nor for the year ended 31 May 2023.
```
## **`5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES`**
|`Unrestricted`
`Restricted`
`funds`
`fund`
`£`
`£`
**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
`212,906`
`-`
`Other trading activities`
`33,782`
`-`
`Investment income`
`486`
`-`
**`Total`**
`247,174`
`-`
**`EXPENDITURE ON`**
`Raising funds`
`487`
`-`
**`Charitable activities`**
`Smallford expenses`
`14,340`
`5,688`
`Other expenditure`
`224,537`
`-`
**`Total`**
`239,364`
`5,688`
**`NET INCOME/(EXPENDITURE)`**
`7,810`
`(5,688)`
**`RECONCILIATION OF FUNDS`**
`Total funds brought forward`
`285,372`
`61,395`
**`TOTAL FUNDS CARRIED FORWARD`**
`293,182`
`55,707`|`Total`
`funds`
`£`
`212,906`
`33,782`
`486`|
|---|---|
||`247,174`|
||`487`
`20,028`
`224,537`|
||`245,052`|
||`2,122`
`346,767`|
||`348,889`|
```
continued...
```
```
Page 8
```
## **`Harvesters Football Club`**
## **`Notes to the Financial Statements - continued for the Year Ended 31 May 2024`**
## **`6. TANGIBLE FIXED ASSETS`**
|**`6.`**
**`TANGIBLE FIXED ASSETS`**||||
|---|---|---|---|
|`Improvements`
`to`
`Plant and`
`property`
`machinery`
`£`
`£`
**`COST`**
`At 1 June 2023`
**`133,670`**
**`66,819`**
`Additions`
**`-`**
**`6,520`**
`At 31 May 2024`
**`133,670`**
**`73,339`**
**`DEPRECIATION`**
`At 1 June 2023`
**`64,549`**
**`45,952`**
`Charge for year`
**`6,682`**
**`6,846`**
`At 31 May 2024`
**`71,231`**
**`52,798`**
**`NET BOOK VALUE`**
`At 31 May 2024`
**`62,439`**
**`20,541`**
`At 31 May 2023`
`69,121`
`20,867`
**`7.`**
**`DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
`Trade debtors`
`Prepayments and accrued income`
**`8.`**
**`CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
`Trade creditors`
`Other creditors`
**`9.`**
**`MOVEMENT IN FUNDS`**
`Net`
`movement`
`At 1.6.23`
`in funds`
`£`
`£`
**`Unrestricted funds`**
`General fund`
**`293,182`**
**`(22,238)`**
**`Restricted funds`**
`General fund restricted`
**`55,707`**
**`(7,451)`**
**`TOTAL FUNDS`**
**`348,889`**
**`(29,689)`**|`All`
`weather`
`pitch`
`£`
**`370,069`**
**`-`**
**`370,069`**
**`290,241`**
**`13,899`**
**`304,140`**
**`65,929`**
`79,828`
**`2024`**
**`£`**
**`1,965`**
**`19,905`**
**`21,870`**
**`2024`**
**`£`**
**`1,934`**
**`9,085`**
**`11,019`**
`Transfers`
`between`
`funds`
`£`
**`614`**
**`(614)`**
**`-`**|`Totals`
`£`
**`570,558`**
**`6,520`**||
|||**`577,078`**||
|||**`400,742`**
**`27,427`**||
|||**`428,169`**||
|||**`148,909`**||
|||`169,816`||
|||`2023`
`£`
`5,490`
`14,191`
`19,681`
`2023`
`£`
`6,599`
`28,285`
`34,884`
`At`
`31.5.24`
`£`
**`271,558`**
**`47,642`**|`2023`
`£`
`5,490`
`14,191`|
||||`19,681`|
||||`2023`
`£`
`6,599`
`28,285`|
||||`34,884`|
|||**`319,200`**||
```
continued...
```
```
Page 9
```
## **`Harvesters Football Club`**
## **`Notes to the Financial Statements - continued for the Year Ended 31 May 2024`**
## **`9. MOVEMENT IN FUNDS - continued`**
```
Net movement in funds, included in the above are as follows:
```
|**`Unrestricted funds`**
`General fund`
**`Restricted funds`**
`General fund restricted`
**`TOTAL FUNDS`**
**`Comparatives for movement in funds`**
**`Unrestricted funds`**
`General fund`
**`Restricted funds`**
`General fund restricted`
**`TOTAL FUNDS`**
`Comparative net movement in funds, included in the above are as follows:`
**`Unrestricted funds`**
`General fund`
**`Restricted funds`**
`General fund restricted`
**`TOTAL FUNDS`**|`Incoming`
`Resources`
`Movement`
`resources`
`expended`
`in funds`
`£`
`£`
`£`
**`245,960`**
**`(268,198)`**
**`(22,238)`**
**`(1,128)`**
**`(6,323)`**
**`(7,451)`**
**`244,832`**
**`(274,521)`**
**`(29,689)`**
`Net`
`movement`
`At`
`At 1.6.22`
`in funds`
`31.5.23`
`£`
`£`
`£`
`285,372`
`7,810`
`293,182`
`61,395`
`(5,688)`
`55,707`
`346,767`
`2,122`
`348,889`
`Incoming`
`Resources`
`Movement`
`resources`
`expended`
`in funds`
`£`
`£`
`£`
`247,174`
`(239,364)`
`7,810`
`-`
`(5,688)`
`(5,688)`
`247,174`
`(245,052)`
`2,122`|
|---|---|
```
continued...
```
```
Page 10
```
## **`Harvesters Football Club`**
## **`Notes to the Financial Statements - continued for the Year Ended 31 May 2024`**
## **`9. MOVEMENT IN FUNDS - continued`**
```
A current year 12 months and prior year 12 months combined position is as follows:
```
|**`Unrestricted funds`**
`General fund`
**`Restricted funds`**
`General fund restricted`
**`TOTAL FUNDS`**|`Net`
`movement`
`At 1.6.22`
`in funds`
`£`
`£`
`285,372`
`(14,428)`
`61,395`
`(13,139)`
`346,767`
`(27,567)`|`Transfers`
`between`
`funds`
`£`
`614`
`(614)`
`-`|`At`
`31.5.24`
`£`
`271,558`
`47,642`|
|---|---|---|---|
||||`319,200`|
```
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
```
|**`Unrestricted funds`**
`General fund`
**`Restricted funds`**
`General fund restricted`
**`TOTAL FUNDS`**|`Incoming`
`Resources`
`Movement`
`resources`
`expended`
`in funds`
`£`
`£`
`£`
`493,134`
`(507,562)`
`(14,428)`
`(1,128)`
`(12,011)`
`(13,139)`
`492,006`
`(519,573)`
`(27,567)`|`Incoming`
`Resources`
`Movement`
`resources`
`expended`
`in funds`
`£`
`£`
`£`
`493,134`
`(507,562)`
`(14,428)`
`(1,128)`
`(12,011)`
`(13,139)`
`492,006`
`(519,573)`
`(27,567)`|
|---|---|---|
|||`(27,567)`|
## **`10. RELATED PARTY DISCLOSURES`**
```
There were no related party transactions for the year ended 31 May 2024.
```
```
Page 11
```
## **`Harvesters Football Club`**
## **`Detailed Statement of Financial Activities for the Year Ended 31 May 2024`**
||`2024`|`2023`|
|---|---|---|
||`£`|`£`|
|**`INCOME AND ENDOWMENTS`**|||
|**`Donations and legacies`**|||
|`Donations`|**`5,678`**|`588`|
|`Gift aid`|**`18,757`**|`24,795`|
|`Grants`|**`4,878`**|`7,446`|
|`Subscriptions`|**`154,592`**|`157,240`|
|`Tournament & Cup Finals`|**`3,388`**|`2,702`|
|`Presentation day income`|**`5,947`**|`3,774`|
|`Kiosk income`|**`17,367`**|`16,361`|
||**`210,607`**|`212,906`|
|**`Other trading activities`**|||
|`Sponsorships`|**`9,274`**|`8,917`|
|`Hire of facilities`|**`22,968`**|`24,865`|
||**`32,242`**|`33,782`|
|**`Investment income`**|||
|`Deposit account interest`|**`1,983`**|`486`|
|**`Total incoming resources`**|**`244,832`**|`247,174`|
|**`EXPENDITURE`**|||
|**`Other trading activities`**|||
|`Opening stock`|**`-`**|`487`|
|**`Charitable activities`**|||
|`Rent`|**`3,960`**|`3,900`|
|`Rates and water`|**`183`**|`560`|
|`Insurance`|**`3,217`**|`2,623`|
|`Light and heat`|**`9,346`**|`8,544`|
|`Telephone`|**`337`**|`331`|
|`Postage and stationery`|**`459`**|`260`|
|`Advertising`|**`433`**|`1,829`|
|`Sundries`|**`6,851`**|`1,821`|
|`Repairs and maintenance`|**`5,157`**|`4,431`|
|`Fines`|**`505`**|`594`|
|`Match expenses`|**`84,136`**|`73,196`|
|`Football Development`|**`49,262`**|`40,769`|
|`Presentation evening`|**`6,024`**|`5,227`|
|`Registrations`|**`2,427`**|`998`|
|`Kit and equipment`|**`17,717`**|`27,493`|
|`Management and administration`|**`52,862`**|`41,673`|
|`Donations`|**`100`**|`-`|
|`Depreciation of improvements to property`|**`6,682`**|`6,682`|
|`Depreciation of plant & machinery`|**`6,847`**|`6,956`|
|`Carried forward`|**`256,505`**|`227,887`|
```
This page does not form part of the statutory financial statements
```
```
Page 12
```
## **`Harvesters Football Club`**
||**`Detailed Statement of Financial Activities`**|||
|---|---|---|---|
||**`for the Year Ended 31 May 2024`**|||
|||`2024`|`2023`|
|||`£`|`£`|
|**`Charitable activities`**||||
|`Brought forward`||**`256,505`**|`227,887`|
|`Depreciation of all weather pitch`||**`13,899`**|`13,899`|
|||**`270,404`**|`241,786`|
|**`Support costs`**||||
|**`Finance`**||||
|`Bank charges`||**`4,117`**|`2,779`|
|`Total resources expended`||**`274,521`**|`245,052`|
|**`Net (expenditure)/income`**||**`(29,689)`**|`2,122`|
```
This page does not form part of the statutory financial statements
```
```
Page 13
```