## **Trustees’ Annual Report for the period** # **From 1 June 2021 Period start date To 31 May 2022 Period end date** ## **Charity name: AFC Corsham** ## **Charity registration number: 1085733** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|To advance the education of children from 5
to 17 years of age by providing facilities and
opportunities for playing football and the
provision of training to become referees,
coaches, and leaders so as to encourage
the physical development of such children.| |Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or services
identified in the accounts.|Para 1.17 and
1.19|AFC Corsham is youth football organisation
run solely by volunteers. We are very
grateful for their commitment and
enthusiasm. Without this group of
individuals, who give their time freely, the
club would not be able to operate. These
volunteers cover activities from
administrative support, to first aiders to
coaches and more.| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|The club can confirm the trustees have
taken regard to guidance issued by the
Charity Commission.| ## **Additional information (optional)** You may choose to include further statements where relevant about: ||SORP reference|| |---|---|---| |Policy on grant making|Para 1.38|| |Policy on social investment
including program related
investment|Para 1.38|| |Contribution made by
volunteers|Para 1.38|| |Other||| ## **Achievements and Performance** ||SORP reference|| |---|---|---| |Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|The club continues to encourage new
players to improve their football skills whilst
having fun. It helps to develop the local
talent and confidence of players, regardless
of where each player is from. It also helps to
promote diversity and reduces the likelihood
of discrimination, sexism, and racism. Along
with technical skills, the club teaches players
about the importance of friendship,
camaraderie, and teamwork. Even adults
involved the club get a chance to develop
their coaching, fundraising, and researching
skills.
This continues to be reflected in the club
membership which has been increasing
year on year.| ## **Additional information (optional)** You may choose to include further statements where relevant about: |||| |---|---|---| |Achievements against
objectives set|Para 1.41|| |Performance of fundraising
activities against objectives
set|Para 1.41|| |Investment performance
against objectives|Para 1.41|| |Other||| ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s
financial position at the end
of the period|Para 1.21|The charity remains in surplus at the end of
the financial year.| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|AFC Corsham retains sufficient reserves at
the end of each financial year so as to
enable normal operating activities to
continue for a reasonable period of time
should a short fall in income occur.| |Amount of reserves held|Para 1.22|£12,000| |Reasons for holding zero
reserves|Para 1.22|N/A| |Details of fund materially in
deficit|Para 1.24|N/A| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|No concerns| |Details of fund materially in
deficit
Para 1.24
Explanation of any
uncertainties about the
charity continuing as a going
concern
Para 1.23|Details of fund materially in
deficit
Para 1.24
Explanation of any
uncertainties about the
charity continuing as a going
concern
Para 1.23|N/A
No concerns| |---|---|---| |**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|The principal source of funds is registration
fees and subscriptions in respect of players.| |Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|The club does not have any investments.| |A description of the principal
risks facing the charity|Para 1.46|| |Other||| ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|Constitution as updated April 2002| |How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|Association| |Trustee selection 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|Para 1.25|Appointed by Executive Committee| |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|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:| |Policies and procedures
adopted for the induction and
training of trustees|Para 1.51|| |The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|| |Relationship with any related
parties|Para 1.51|| |Other||| ## **Reference and Administrative details** |Charity name|AFC Corsham| |---|---| |Other name the charity uses|| |Registered charity number|1085733| |Charity’s principal address|C/O 84 Pickwick Road, Corsham, SN13 9DB| ||| **Names of the charity trustees who manage the charity** |1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee(if any)**| |---|---|---|---|---| ||S Bray|Chairman||| ||C Smith|Secretary||| ||L Derrick|Treasurer||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| – Corporate trustees names of the directors at the date the report was approved ## **Director name** Name of trustees holding title to property belonging to the charity **Trustee name Dates acted if not for whole year** ## **Funds held as custodian trustees on behalf of others** Description of the assets held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets ## **Additional information (optional)** ## **Names and addresses of advisers (Optional information)** **Type of Name Address adviser** **Name of chief executive or names of senior staff members (Optional information)** ## **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) Full name(s)** Lee Derrick **Position (eg Secretary,** Treasurer **Chair, etc) Date** 05/02/2023 AFC Corsham Annual Report for the year ended 31 May 2022 Registered Charity Number: 1085733 AFC Corsham Accounts for the year ended 31 May 2022 ## **Annual Report** A.F.C. Corsham, Leafy Lane, Box, Corsham is registered with the Charity Commission (No. 1085733) The charity is managed by an executive committee, comprising: |Chairman|-|S Bray| |---|---|---| |Deputy Chairman|-|J Edmund| |Secretary|-|C Smith| |Treasurer|-|L Derrick| |Child Welfare|-|A Hancock| |Other Members|-|A Simpson| |||J Corbett| |||S Nash| |||B Mitchell| |||A Bewley| |||K Pickering| The object of the charity is to advance the education and physical development of children from 5 to 17 years of age by providing the facilities and opportunities to play football and the provision of training to become referees, coaches, and leaders. The club now has just over 400 active members across 30 teams under all age groups. The 2021/22 season was always anticipated to be a period of investment for the club following the return to football after Covid-19. This is reflected in both the significant asset purchases in part funded through grant awards and more than doubling of spend on playing kit. 2021/22 also saw the return of the annual tournament which contributed a profit despite being held later in the year. Membership levels increased which allowed for the creation of additional teams or meant waiting lists appearing. The season also saw the return of various organised trips to local and national games. The club therefore remains in a healthy position. At the end of the year the unreserved general fund stood at £25,665 (2021, £27,115) which was satisfactory. The reserved fund remains at £12,000. L A Derrick FCCA, Treasurer For and on behalf of the Executive Committee. 2 AFC Corsham Accounts for the year ended 31 May 2022 ## **Statement of financial activities** |Note
**_Income_**
Memberships
Sponsorship
Events & Fundraising
2
Tournament
3
Other (incl. Gift Aid)
Interest
_Total income_
**_Expenditure_**
_Operational costs_
Hire of facilities
Entries & affiliations
Equipment
Playing kit
Trophies & presentations
Events
2
Tournament
3
Referee fees & fines
Courses & training
_Total operational costs_
_Overhead costs_
Collection fees
Honorarium
Insurance
Legal fees & verifications
Bank charges
Depreciation & amortisation
Web services
Other costs
_Total overhead costs_
_Total expenditure_
_(Deficit)/surplus of income over_
_expenditure_|Unreserved
Reserved
**Total**
Total
Funds
funds
**2022**
2021
£
£
**£**
£
55,493
-
**55,493**
40,448
8,831
-
**8,831**
2,888
9,953
-
**9,953**
-
15,229
-
**15,229**
200
3,516
-
**3,516**
2,080
6
-
**6**
9| |---|---| ||93,028
-
**93,028**
45,625| ||(33,795)
-
**(33,795)**
(14,188)
(2,906)
-
**(2,906)**
(704)
(4,705)
-
**(4,705)**
(3,618)
(14,150)
-
**(14,150)**
(5,559)
(2,338)
-
**(2,338)**
(1,780)
(9,664)
-
**(9,664)**
-
(11,915)
-
**(11,915)**
(300)
(2,831)
-
**(2,831)**
(1,304)
(3,440)
-
**(3,440)**
90| ||(85,744)
-
**(85,744)**
(27,363)
(1,514)
-
**(1,514)**
(1,195)
(2,580)
-
**(2,580)**
(2,535)
(498)
-
**(498)**
(474)
(420)
-
**(420)**
(170)
(104)
-
**(104)**
(35)
(1,050)
-
**(1,050)**
(712)
(841)
-
**(841)**
(535)
(1,727)
-
**(1,727)**
(410)| ||(8,734)
-
**(8,734)**
(6,066)
(94,478)
-
**(94,478)**
(33,429)| ||(1,450)
-
**(1,450)**
12,196| 3 AFC Corsham Accounts for the year ended 31 May 2022 ## **Balance Sheet** |**alance Sheet**|| |---|---| |**_Fixed assets_**
4
**_Current assets_**
Cash & bank
5
Trade debtors
Prepayments
**_Current liabilities_**
Trade payables
Accrued expenses
Deferred Income
Receipts in advance
Total net assets
**_Represented by:_**
Unreserved funds
Reserved funds
6|**2022**
2021
**£**
£
**11,109**
6,027
**50,527**
44,689
**500**
-
**2,710**
1,050| ||**53,737**
45,739
**(256)**
(750)
**(11,692)**
(4,964)
**(7,239)**
(4,877)
**(7,994)**
(2,060)| ||**(27,181)**
(12,651)| ||**37,665**
39,115| ||**25,665**
27,115
**12,000**
12,000| ||**37,665**
39,115| ## **Analysis of funds** |Funds as at 1st June 2021
(Deficit)/surplus during the year
Funds as at 31st May 2022|Unreserved
Reserved
**Total**
funds
Funds
**2022**
£
£
**£**
27,115
12,000
**39,115**
(1,450)
-
**(1,450)**
25,665
12,000
**37,665**|Total
2021
£
26,919
12,196| |---|---|---| |||39,115| The financial statements were approved by the executive committee on 22 June 2022 and signed on its behalf by Lee Derrick Treasurer 4 AFC Corsham Accounts for the year ended 31 May 2022 ## **Notes to the accounts** ## **1** _**Principal 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. ## _Going Concern_ The Trustees have considered the financial position of the Charity and have concluded they are able to meet their liabilities as they fall due for the foreseeable future. For these purposes the foreseeable future is taken to mean a period of 12 months from the date of approval of these accounts. In coming to this conclusion, the trustees have evaluated the impact of the ongoing economic uncertainties on revenues and expenditure. ## _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. ## _Equipment_ Equipment is stated at cost less accumulated depreciation. Where parts of an item of equipment have different useful lives, they are accounted for as separate items of equipment. Depreciation is charged on a straight-line basis over the estimated useful lives of each part of an item of equipment. The estimated useful lives are as follows: Equipment 3-5 years Depreciation methods, useful lives and residual values are reviewed at each balance sheet date. ## _Deferred grants and contributions_ Grants and contributions in respect of specific expenditure on equipment are treated as contract liability and recognised in the Statement of Financial Activities over the expected useful economic lives of the related assets. ## _Taxation_ The charity is exempt from corporation tax on its charitable activities. 5 AFC Corsham Accounts for the year ended 31 May 2022 ## **1** _**Principal accounting policies** (cont)_ ## _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. |**2**
**_Events_**
Income
Expenditure
Surplus|Football
camps
Foreign
trips
UK trips
**2022**
2021
£
£
£
**£**
£
-
-
9,953
**9,953**
-
-
-
(9,664)
**(9,664)**
-| |---|---| ||-
-
289
**289**
-| |**3**
**_Tournament_**
_Income_
Entry fees
Refreshments & food
Programmes
Other
_Expenditure_
Hire of equipment & facilities
Refreshments & food
Referee fees
Trophies
Other
Surplus|**2022**
**2021**
**£**
**£**
**5,760**
-
**5,526**
-
**3,425**
-
**518**
200| |---|---| ||**15,229**
200
**(2,911)**
-
**(2,697)**
-
**(2,150)**
-
**(2,105)**
-
**(2,052)**
(300)| ||**(11,915)**
(300)| ||**3,314**
(100)| The tournament is normally held annually on the 1st weekend of June. Due to Covid-19 the tournament for 2021 was held in August 2021 and is therefore reflected in the current year figures. 6 AFC Corsham Accounts for the year ended 31 May 2022 |**4**
**_Fixed Assets_**
**Cost**
Balance at 1 June 2021
Additions
Disposals
Balance at 31 May 2022
**Depreciation**
Balance at 1 June 2021
Depreciation charge for year
Disposals
Balance at 31 May 2022
**Net Book Value**
At 31 May 2022
At 31 May 2021
**5**
**_Cash & Bank_**
Cash in hand
Bank accounts|**Equipment**
**£**
9,677
7,827
-
17,504
(3,650)
(2,745)
-
(6,395)
11,109
6,027
**2022**
2021
**£**
£
**68**
3
**50,459**
44,686| |---|---| ||**50,527**
44,689| ## **6** _**Analysis of funds**_ The Reserved funds are maintained at a sufficient level to enable normal operating activities to continue for a reasonable period of time should a short fall in income occur. At the end of the financial year the fund stood at £12,000 The Unreserved funds are held to meet the objects of the club as previously 7 CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trusteesl members of A FL Loos¥¥AM On accounts for the year ended 31 202V- Charity no {if any) Set out on pages 3Th7 I report to the truslees on my examination of the accounts of the above charity I'the Trust") for the year ended 31 os 20LW-. Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report of the accounts in accordance with the requirements of Ihe Charities Act 2011 {"the Act"). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 14515}(b) of the Act. I have completed my examination. I confimi that no material matters h8ve come to my attention (other than that disclosed below'} in connection with the examination which gives me cause to believe that in. any material respect.. accounting records were not kept in accordance with section 130 of the Act or the accounts do not accord with the accounting records Independent examiner's statement I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable proper understanding of the accounts lo be reached. Please delgte the words in the brackets if they do not apply. Signed: Date: 2LI Name: Relevanl professional qualificationls) or body (if any): FLA Address: o*(t4119 ¢IVb- J*T fld 273 IER October 2018 Section B Disclosure Only complete if the examiner needs to highlight matters of concern (see CC32. Independent examination of charity accounts.. directions and guidance for examiners). Give here brief details of any items that the examinerwishes to disclose. IER October 2018