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2024-05-31-accounts

Accounts Overview 2023 - 2024

Segontium Rovers Accounts 2023/2024
Expenditure 31/05/2023 - 31/05/2024
1 Tournaments £ 1,068.00 4%
2 Presentation £ 2,358.91 9%
3 Equipment £ 4,672.42 17%
4 Kit £ 7,003.11 26%
5 FAW (Registration Payments / Competition
Affiliation)		 £ 1,745.00 6%
6 FAW(Ticket Applications) £ 2,043.00 8%
7 FAW(Coach Education) £ 3,425.00 13%
8 Referees £ 375.00 1%
9 Facilities / Venue Hire £ 501.00 2%
10 Winter Training £ 3,013.38 11%
11 Bank Charges £ 75.64 0%
12 Resources / Sundries £ 359.25 1%
13 FAW(Player Sanctions) £ 159.00 1%
14 Refunds £ 56.00 0%
£ 26,854.71
Income 31/05/2023 - 31/05/2024
1 Registration Payments £ 10,450.00 35%
2 Grants £ 9,513.83 32%
3 Fundraising £ 3,709.85 12%
4 Ticket Payments £ 2,125.00 7%
5 Ticket Kickback Scheme £ - 0%
6 Kit Sponsorship £ 4,002.60 13%
7 Player Sanctions £ 132.00 0%
8 Refunds £ 70.00 0%
£ 30,003.28
Balance at start ofyear £ 2,409.29
Balance at end ofyear £ 5,617.86
Total Expenditure £ 26,854.71
Total Income £ 30,003.28
Net Income for the Year £ 3,148.57

Statement of Assets & Liabilities - 31 May 2024

Bank Balance - Closing balance at year end - £5,617.86

Equipment Owned

The club owns football and training equipment purchased during the year, including -

‑ ‑ These items remain in use across all age groups. No depreciation is applied under receipts and payments rules.

Creditors - None.

Debtors - None.

Notes to the Accounts - Segontium Rovers Junior FC Year Ended 31 May 2024

1. Basis of Preparation

‑ ‑ The accounts have been prepared on a receipts and payments basis, recording income when received and expenditure when paid. All transactions relate to the club’s HSBC account.

The opening bank balance for the year was £2,409.29.

2. Income

Total income for the year amounted to £30,003.28, comprising:

These figures match the income section of the accounts overview.

3. Expenditure

Total expenditure for the year was £26,854.71, including:

These totals correspond directly to the expenditure table.

4. Equipment Owned

During the year the club purchased football equipment, training kit, matchday items and resources. These items remain in ‑ ‑ use across all age groups. No depreciation is applied under receipts and payments rules.

5. Funds Position

Total Income - £30,003.28 Total Expenditure - £26,854.71 Net Movement - £3,148.57 Closing Bank Balance - £5,617.86

6. Trustees, Payments & Related Parties

No trustee received remuneration or expenses during the year. ‑ No related party transactions occurred.

Independent Examiner’s Report

Segontium Rovers Junior Football Club Financial Year - 31/05/2023 - 31/05/2024 Charity Number - 1093340

1. Responsibilities of the Trustees

The trustees are responsible for preparing accounts that give a fair reflection of the charity’s financial position and ensuring compliance with the Charities Act 2011.

2. Responsibilities of the Independent Examiner

My responsibility is to review the accounts in accordance with Charity Commission regulations for independent examination. The review includes making enquiries of the trustees and examining the accounting records kept by the charity.

3. Basis of the Review

The review was carried out by examining the charity’s accounting records and comparing them with the accounts presented. Appropriate enquiries were made of the trustees to confirm consistency and accuracy.

4. Independent Examiner’s Statement

In my opinion, based on my review, no matter has come to my attention that suggests the accounts do not give a fair summary of the charity’s financial position for the year ended 31 May 2024.

5. Commentary on the Accounts

The accounts show: Total income - £30,003.28 Total expenditure - £26,854.71 Net movement - £3,148.57 Closing bank balance - £5,617.86

These figures are consistent with the charity’s records and reflect the activities undertaken during the financial year.

6. Legal Statement

This review is not an audit and does not express an audit opinion. The charity is not required to undertake a statutory audit for this financial year.

7. Signature

Signed by the Independent Examiner -

Name - Peter Griffiths

Qualifications / Experience - AAT Qualifications (Association of Accounting Technicians)

Date - 31/07/2024

Independent Examiner Declaration Form

Segontium Rovers Junior Football Club

Financial Year - 01/06/2023 - 31/05/2024

1. Examiner Details

Name - Peter Griffiths

Address - 38 Marcus Street, Caernarfon, Gwynedd, LL55 2HT Qualifications or Relevant Experience - AAT Qualifications (Association of Accounting Technicians)

2. Independence Declaration

I confirm that I am independent of Segontium Rovers Junior Football Club. I am not a trustee, committee member, coach, ‑ volunteer, or involved in the club’s financial decision making. I do not keep the charity’s accounting records and have no personal interest in the accounts or how they are presented.

3. Competence Declaration

I confirm that I have the appropriate knowledge and understanding of charity accounts to carry out an independent examination in accordance with Charity Commission guidance for small charities.

4. Review Statement

I confirm that I have reviewed the accounting records and financial statements for the financial year ending 31/05/2025. My review included making appropriate enquiries, checking records, and considering whether the accounts are consistent with the information provided.

5. Final Declaration

Nothing has come to my attention during the examination that gives me cause to believe that the accounts do not present a fair summary of the charity’s financial activities for the year.

6. Signature

Signature -

Date - 31/07/2024

7. Charity Confirmation

We confirm that the independent examiner was given access to all relevant financial records and supporting documents.

Chairperson’s Signature -

Date - 31/07/2024

Trustees’ Annual Report - Segontium Rovers Junior Football Club

Financial Year - 31/05/2023 - 31/05/2025

Charity Number - 1093340 Address - 19 Victoria Street, Caernarfon, Gwynedd, LL55 1PN

1. Charity Details

Charity name - Segontium Rovers Junior Football Club Registered number - 1093340

Principal address - 19 Victoria Street, Caernarfon, Gwynedd, LL55 1PN Trustees during the year - Paul Price Griffiths, Christian Jarvis, Kimberley Anne Griffiths Banker - HSBC

2. Structure, Governance and Management

Segontium Rovers Junior Football Club operates under a constitution adopted by its members. Governance, safeguarding, finance and football delivery are overseen by an elected committee.

Trustees are appointed annually at the AGM. Regular meetings review operations, safeguarding compliance, financial performance and strategic priorities.

3. Objectives and Activities

The charity provides accessible, inclusive football opportunities for children and young people in Caernarfon and surrounding communities.

Activities during the year included:

4. Public Benefit Statement

The trustees confirm they have had due regard to the Charity Commission’s guidance on public benefit.

5. Achievements and Performance

Key achievements during the year:

6. Financial Review

Income - £30,003.28

Including -

Expenditure - £26,854.71

Major costs -

Overall Position

Opening balance - £2,409.29 Closing balance - £5,617.86 Net movement - £3,148.57

7. Reserves Policy

The charity aims to hold prudent reserves sufficient to cover essential running costs.

8. Risk Management

As a small charity, formal risk reporting is not required. Trustees monitor risks through regular meetings.

9. Custodian Trustee Funds

The charity does not hold funds as a custodian trustee for any other organisation.

10. Plans for the Future

Priorities for next year:

11. Trustees’ Responsibilities

Trustees are responsible for keeping proper records, preparing reports and safeguarding the charity’s assets.

12. Approval

This report was approved on - 31/07/2024

Signed - Paul Price Griffiths (Chairperson)