Trustees’ Annual Report for the period
From 1 June 2023 Period start date To 31 May 2024 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 | Para 1.38 |
| including program related | |
| investment | |
| Contribution made by | Para 1.38 |
| volunteers | |
| 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 |
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 26 Barn Close, Corsham, SN13 9XB |
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 | |||
| V Wheeler | Secretary | |||
| T Laver | 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) Thomas Laver Position (eg Secretary, Treasurer Chair, etc) Date 26/03/2025 ~~PF~~
AFC Corsham Annual Report for the year ended 31 May 2024 Registered Charity Number: 1085733
AFC Corsham Accounts for the year ended 31 May 2024
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 & Software Other costs Total overhead costs Total expenditure Surplus of income over expenditure |
Unreserved Reserved Total Total Funds funds 2024 2023 £ £ £ £ 74,002 - 74,002 59,962 4,001 - 4,001 5,115 17,565 - 17,565 7,765 23,229 - 23,229 18,791 2,898 - 2,898 3,810 34 - 34 71 |
|---|---|
| 121,729 - 121,729 95,514 |
|
| (40,385) - (40,385) (35,277) (4,414) - (4,414) (2,195) (6,947) - (6,947) (4,649) (12,176) - (12,176) (10,609) (5,503) - (5,503) (3,693) (16,527) - (16,527) (7,248) (18,174) - (18,174) (13,155) (3,511) - (3,511) (2,347) (3,820) - (3,820) (3,820) |
|
| (111,457) - (111,457) (82,993) (1,899) - (1,899) (1,829) (215) - (215) (2,580) - - - (796) (360) - (360) (280) (101) - (101) (97) (1,381) - (1,381) (1,606) (1,736) - (1,736) (1,249) 912 - 912 (1,060) |
|
| (4,780) - (4,780) (9,497) (116,237) - (116,237) (92,490) |
|
| 5,492 - 5,492 3,024 |
2
AFC Corsham Accounts for the year ended 31 May 2024
Balance Sheet
| alance Sheet | |
|---|---|
| Fixed assets 4 Current assets Cash & bank 5 Trade debtors Prepayments Current liabilities Trade payables Accrued expenses Deferred Income 6 Receipts in advance Total net assets Represented by: Unreserved funds Reserved funds 7 |
2024 2023 £ £ 7,798 9,419 56,113 47,385 - 491 9,221 3,356 |
| 65,334 51,232 - (5,760) (10,016) (50) (5,435) (6,225) (11,500) (7,927) |
|
| (26,951) (19,962) |
|
| 46,181 40,689 |
|
| 34,181 28,689 12,000 12,000 |
|
| 46,181 40,689 |
Analysis of funds
| Funds as at 1 June Surplus/(deficit) during the year Funds as at 31 May |
Unreserved Reserved Total funds Funds 2024 £ £ £ 28,689 12,000 40,689 5,492 0 5,492 34,181 12,000 46,181 |
Total 2023 £ 37,665 3,024 |
|---|---|---|
| 40,689 |
3
AFC Corsham Accounts for the year ended 31 May 2024
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.
4
AFC Corsham Accounts for the year ended 31 May 2024
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 Football camps Foreign trips UK trips £ £ £ Income - - 17,565 Expenditure - - (16,527) Surplus - - 1,038 3 Tournament Income Entry fees Refreshments & food Programmes Other Expenditure Hire of equipment & facilities Refreshments & food Referee fees Trophies Other Surplus |
Football camps Foreign trips UK trips £ £ £ - - 17,565 - - (16,527) |
2024 2023 £ £ 17,565 7,765 (16,527) (7,248) |
|---|---|---|
| - - 1,038 |
1,038 517 |
|
| 2024 2023 £ £ 7,350 5,640 11,298 8,207 3,781 3,748 800 1,196 |
||
| 23,229 18,791 (3,050) (2,738) (4,889) (3,151) (2,750) (2,500) (2,453) (1,968) (5,032) (2,798) |
||
| (18,174) (13,155) |
||
| 5,055 5,636 |
The tournament is held annually on the first or last weekend of June.
5
AFC Corsham Accounts for the year ended 31 May 2024
| 4 Fixed Assets Cost Balance at 1 June 2023 Additions Disposals Balance at 31 May 2024 Depreciation Balance at 1 June 2023 Depreciation charge for year Disposals Balance at 31 May 2024 Net Book Value At 31 May 2024 At 31 May 2023 5 Cash & Bank Cash in hand Bank accounts |
Equipment £ 19,874 1,990 - 21,864 (10,455) (3,611) - (14,066) 7,798 9,419 2024 2023 £ £ 4,953 3 51,160 47,382 |
|---|---|
| 56,113 47,385 |
| 6 Deferred Income Balance at 1 June Received during the year Amortised in year Balance at 31 May |
2024 2023 £ £ 6,225 7,239 1,440 1,440 (2,230) (2,454) |
|---|---|
| 5,435 6,225 |
7 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.
6
Independent examiner's report on the accounts
Section A Independent Examiner’s Report
Report to the trustees AFC CORSHAM On accounts for the year 31 MAY 2024 Charity no 10857533 ended (if any) Set out on pages TWO TO SIX I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/05/2024 Responsibilities and As the charity's trustees, you are responsible for the preparation of the basis of report 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 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent I have completed my examination. I confirm that no material matters have examiner's statement come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
-
the accounting records were not kept in accordance with section 130 of the Charities Act; or
-
the accounts did not accord with the accounting records; or
-
the accounts did 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.
- Please delete the words in the brackets if they do not apply.
Signed: Date: 26/03/2025 Name: LEE ANTHONY DERRICK Relevant professional FCCA qualification(s) or body (if any):
1
Oct 2018
IER
Address: 84 PICKWICK ROAD, CORSHAM, WILTSHIRE, SN13 9DB
Section B Disclosure
Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
Give here brief details of N/A any items that the examiner wishes to disclose .
2
Oct 2018
IER