2022-04-30-accounts

Charity Registration Number 1096613

Larkspur Rovers Football Club

Annual Report and Financial Statements

for the Year

End 30th April 2022

Larkspur Rovers Football Club

Contents

Reference and Administrative Details	Page 2
Structure, Governance and Management	Page 3
Annual Report	Page 4-7
Achievements and performance	Page 8
Statement of Trustees Responsibilities	Page 9
Independent Examiner’s report	Page 10
Receipts and Payments Accounts	Page 11
Balance Sheet	Page 12
Notes to Financial Statements	Page 13-16

1

Larkspur Rovers Football Club

Also Known as LRFC

Reference and Administrative Details

Registered Charity Number 1096613

Trustees:

Ron Durrant Chairman

Jeanne Illsley Treasurer Alan Rayner Secretary A Thomas Trustee

The recruitment and appointment of new Trustees is done by election by our members

Principle office

Larkspur Rovers Football Club

Lord Halsbury Memorial Playing Field

Priors Farm Lane

Northolt

Middlesex

UB5 5FE

2

Structure, Governance and Management

Description of Charity

The charity is controlled by its constitution adopted on 11/11/2002

Amended 18/06/2007

Amended 20/06/2012

LRFC is an unincorporated association

Trustees are elected by Club Members

LRFC is affiliated with The FA together with Middlesex County FA and Harrow Youth Football League. Teams are entered for Cup competitions with Middlesex County and Surrey FA.

All volunteers are DBS checked and have completed Safeguarding training.

LRFC is run on a voluntary basis only, there are no paid staff members.

Objectives of the Charity

The Charity’s objectives are the promotion of community participation is healthy recreation, in particular by the provision of opportunities and facilities for the playing principally, but not exclusively, of association football and other activities that promote social cohesion and community wellbeing for the public benefit.

Main Activities:

Youth football development (U7 to U11)

Youth football (U12 to U18)

Women’s Senior football (GLWFL)

Girl’s football

Men’s Senior football

Veteran’s football

Exercise through football

Wildcats Centre

Youth Academy

3

Annual General Meeting 2021-2022

CHAIRMAN REPORT

Another year has passed with trying conditions we have still tried to fulfil our charity objectives to promote the fitness, advance the education and facilitate the social development of around 170 boys between 5 and 16, 80 seniors, 30 ladies and 20 veterans through healthy participation in the game of association football.

The senior teams continue to demonstrate that the club is able to offer youth players the opportunity to keep playing once they go beyond 16 years of age.

16 teams started this season plus our nursery, Angie has started the wildcats again which we hope will swell our sides, Stephen and Angie have been running the Saturday academy which is going well and produced some new players for the already established sides.

We are proud to report that our Sunday 1st team have won their league well done Richard, with the Saturday reserves and the Sunday 2nds reaching cup finals. Also well done to all the other teams some great results through a very tough and long season. Some excellent results from our younger sides.

We are always trying to grow the club and hopefully successful sides and the academy can do that so we will keep on striving for that.

The AGP is still a significant advantage and other clubs that visit are highly impressed with the quality of the facilities that we are lucky enough to have, still as last year I am not sure that our own members still yet fully appreciate them and the efforts that have to be taken to keep them clean, presentable and useable. A greater number of people willing to help when help is asked for would be of enormous benefit to the club moving forward.

With the previous financial year ended there is still a minority of members who have not paid their 2021/2022 subscriptions which is inequitable for those who did pay and

4

which puts pressure on the club’s finances. Those members will need to settle any outstanding balance before signing on for the 2022/2023 season.

We still run veterans’ sessions on a Monday night, and these are not exclusive to members, these sessions are still well supported.

For 2022/2023 season we have made a minor increase in the membership fee and they are now £240. Please ask your parents to fill in the Gift aid part of the form as this is vitally important, it has no impact on your personal tax affairs but means the club can claim money back from HMRC.

None of what we have comes free and the club is under considerable scrutiny to make sure it delivers on its promises linked to the funding received to develop the sports provision on the Lord Halsbury site. If the effort is left to too few people, the risk of failure becomes heightened. Please help the trustees deliver against the business and development plans by making sure you pay your subscriptions on time and help with the running of the club when you are able. Never forget Larkspur Rovers F.C is a club run by its members for its members and its strength lays in the collective not just the efforts of one person.

I would like to thank the committee for all their hard work this year things still haven’t been great this year but the work they do behind the scenes is phenomenal and all the volunteers and coaches that give their time for free the club could not run without these guys so a round of applause for them.

Our new social committee have been working hard and recently have put on some really good days which I am sure they are always looking for people to help them out with, so if anyone has any fresh ideas that can help the club, or anyone would like to volunteer themselves to help in anyway please come and see me and I will point you in the right direction.

I will again do my best in the coming year to fulfil my role as club Chairman if reelected.

Ron Durrant Club Chairman

5

TREASURER’S REPORT

At the beginning of the 2021/22 season, Covid was still a challenge to the Club making it difficult to operate “as business as usual”. Fortunately, we were able to still attract the number of members budgeted for and managed to meet our commitment to membership fees.

Unfortunately, despite careful planning, some subs were paid later than expected, although ultimately, we were able to collect the amounts planned for. Again, for this coming financial year it is important that membership payments are made in a regular and timely way and all members will be reminded of this when signing up for the coming season. As before for the coming season the preferred methods of payment will be directly to the Club bank account (which was successfully trialled during the 2020/21 season) also by card payment at the Club and, where neither of these two methods are possible, by cash. Payments made directly to the account and now more important than ever as Charity Accounts now have to pay bank charges on all transaction made over the counter.

We were not able to claim any grants relating to Covid during this financial year as we didn’t meet the revised criterial. The Club continues to invest in the recommended Covid safety measures, additional cleaning and personal hand sanitisers continue to be purchased on behalf of the members and volunteers to keep the Club Covid safe.

A serious setback this year is the increase in the cost of all utilities, especially electricity. At the moment we are seeing increases each month of approximately 40% in relation to the same period in the previous year. The price of gas and water/sewer charges have also increased.

As in previous years we actively seek grants from other sources, for example the Football Foundation. This helps with the upkeep of the pitches and purchasing new equipment.

The Club was very grateful to receive a donation of £2,500 from Viking Community Sports that will be put to good use. A good way for the Club to raise additional funds is through Gift Aid. Gift Aid is a scheme available to charities and Community Amateur Sports Clubs (CASCs). It means we can claim extra money from HMRC. The charity or CASC can claim an extra 25p for every £1 you pay to the Club. There is a section on the membership form to sign up to this, as long as you've paid the basic rate of tax the Club can reclaim this money.

The Club continues to be registered with Smile Amazon and Prize Provision to help raise much needed extra income. Details of how to shop with Amazon and at the same time raise funds for the Club, are on the noticeboard in the main hall.

Jeanne Illsley Treasurer

6

SECRETARY REPORT

The aim of this report is to bring everyone up to date with events that have happened in the club since the last AGM.

We have coped with the challenges of “restarting” football fully this season, and it was good to see all our teams from the 2020-2021 season returning, and the addition of some Youth Teams as well as our new Saturday Reserve team for the Seniors.

We are still in need of recruiting adults to roles within the Club, and not just on the pitch but off it as well. The Board of Trustees looks after the management of the Club finances and off pitch requirements, and further volunteers to help here would be of benefit to all in the Club.

Any training will be provided free of charge to you, and the more we can have volunteers wearing only “one hat”, the better it will be for them and all in the Club.

I will be standing down from my role as interim Secretary to focus on the development and growth of the U11 squads, and I would like to thank everyone for their help with various initiatives we have worked on this year.

We want to continue to grow and develop and continue to help produce great young people and players, and if we can share this load among many, we will get there quicker.

Many thanks

Alan Rayner Club Secretary

7

Achievements and performance

We increased our provision for Women’s Football with two new Girls teams, as well as introducing the new squad girls offer, which allows casual training and play in a non-competitive environment.

We grew the number of teams at the Youth Development level and have also recruited new coaches for these teams.

Our senior teams continue to grow in number of players in each squad, and we have a healthy retention of youth players overall from the previous membership season

Financial Review

Financial Position of the Charity:

At present the club is financially stable and met budget targets in the 2020/2021 period.

Reserves policy:

The Club holds a separate Bank account (AGP sinking fund) for the refurbishment of the artificial football pitch, for which there is an anticipated lifespan of 10 years.

Money is also set aside each year to cover the club’s commitment to any grants for groundworks etc.

Sources of Funding:

The Club is funded by Membership payments.

When available, grants are sourced to help with the upkeep of all playing surfaces.

Funds are also raised by holding tournaments at LRFC.

LRFC also received an additional Covid Grant payment of £12000

Financial Risks:

With the exception of any Grants we are able to obtain, the club is reliant entirely on member subscriptions. Any reduction in numbers would impact on our financial stability.

At the present time the is no evidence that the members numbers are reducing.

Restricted Funds:

Sinking Fund- this is money we have set aside for the replacement of the artificial football pitch

£6000 is deposited each year into a BMM account to meet this commitment – projected lifespan 10 years

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Statement of Trustees, ResponslbilFties The trvstees are responsible for preparirs the trustees. report and the financial statements in accordance with the United knngdom Accounting Stsndards (Unfted ￿ngdoM Generally Accepted Accounting Practi￿) and applKable law and regulations. The lawapplicable to tharrtTres requlres the trustees to prepare financial statements for each financial year whith gNe a true and fair view of the stste of afklrs of the charty and of the incoming resour￿ and application of resour￿ of the charlty forthat period. In preparin8 these financial statements. the tn￿eeS are wulred to: seFett sultsble accounting wlicies and then applythem consistentl observe the method5 and principle5 in the Charities SORP make jtsd8emeftts and estimates that a￿ reasonatde and prudent state whether applicable accounting standards have been tollowed. subject to any materlal departure5 disckssed and explained in thefinancial statements and prepare the financial ststemerrts on the going corKern b•sls unless It is inappropriate to presume that the tharity will corrtlnue in I￿SInesS. The trustees are responsible for keepin8 proper accountln8 records that disd05e wlth ￿aSOnable accuracy at any tlme the finaftcial position of the tharlty and enable them to ensure thatthe financial ststements comply with the Charities Act 2011, the applkable Chantles (Accounts and Reportsl Regulatlons, and the provisions of the constitution. The trustees a￿ also responsible for safeguardin8 the a55ets of the tharity ar￿ hence for taklre reasonable steps for the prevention and detection of fraud and other Irregularlties. Approved by the trustees ofthe charity on i.i.l.i.o.l.. nd signed on its behalf by.. Ron Durrant Tnjstee

Independent Examinerfs Report to the trustees of larkspur Rovers Football Club I report to the trustees on my examination of the accounts of iark5pur Rovers Football aub (the Charity) forthe yearended 30th April 2021. A5 the trustees of the charSty. you are responsible forthe preparat￿n of the accounts in accordance wlth the requlrements ofthe Charftles Art 2011 Ilhe Arfl. I report In respect of my examlnatlon of the Charbty's accounts carrfed out under sectlon 145 of the 2011 Act and in carrying out my e¥amlnatlon I have followed all the appllcabje dirertlons 8fven by the Charlty Commtsslon urnler Sert1￿ 145(5)Ibl ofthe * Independent ex4mlnerfs siateffl￿t I have completed my examirwtion. I confirm that no matter5 have ￿me to my attention in connection with the examination 8lvin8 me cause to believe that In any materlal respect: accounting records were kept in respect of the Ch&rity a5 required by settlon 130 of the Act: or the accounts ikn not accord wfth those records: or I have no corKems and have come across no other matters In connectlon wtth the examlnatlon to whlch attention should be drawn in thls report In order to enable a proper understsnding of the accounts to be reached. LYliolL LX•na Frost l Newmarket A Northolt Middlesex UB54HB io

Larkspur Rovers Football Club Income Statement For the Year End 30th April 2022

					Total
					Funds
		Unrestricted	Restricted	Total	Prior
	Notes	Funds	Funds	Funds	year
		2022	2022	2022	2021
		£	£	£	£
Income From:
Donations/Legacies and
Grants	1	57618	0	57618	65777
Grants (Government)	2	12000	0	12000	16946
Charitable Activities	3	12864	0	12864	12056
Other Trading Activities		0	0	0	0
Investments	4	0	8	8	18
Total Income		82482	8	82490	94797
Resources Expended:
Charitable Activities	5	62957	0	62957	65161
Other				0	0
Total Expenditure		62957	0	62957	65161
Net Income and
(Expenditure)		19525	8	19533	29636
Transfers Between
Funds		9003	9003	0	0
Net Movement in
Funds	6	10522	9011	19533	29636
Reconciliation of Funds:
Total Funds Brought
Forward		67668	51220	118888	89252
Total Funds Carried
Forward		78190	60231	138421	118888

11

Larkspur Rovers Football Club Statement of Assets and Liabilities For the Year End 30th April 2022

Notes Fixed Assets: Tangible Assets 7 Investments Total Fixed Assets Current Assets: Stocks Debtors Investments Cash at Bank 8 Total Current Assets Liabilities: Creditors: amounts falling due within one year Total Assets less Current Liabilities The Funds of the Charity: Restricted Funds Unrestricted Funds	Unrestricted Funds 2022 £ 11563 0 11563 0 0 0 66627 66627 0 78190 0 78190 78190	Restricted Funds 2022 £ 0 0 0 0 0 0 60231 60231 0 60231 60231 0 60231	Total Funds 2022 £ 11563 0 11563 0 0 0 126858 126858 0 138421 60231 78190 138421	Total Funds Prior Year 2021 £ 16336 0
				16336
				0 0 0 102552
				102552
				0
				118888
				51220 67668
				118888

12

Larkspur Rovers Football Club Analysis of Income Notes to the Financial Statements For the Year End 30th April 2022

1. Donations/Legacies and Grants

Membership Subs Gift Aid Affiliations Donations (Viking) Donations (Parent & Supporters) 2. Government Grants Grants Covid 19	45856.61 3036.55 25 2500 6200
	57618.16
	12000

3. Charitable Activities

Venue Hire Rent & Rates Fundraising Prize provision Amazon Fines repaid Utilities Other 4. Investments Bank Interest Total Income	4210 6300.36 373.43 156.51 23.63 789.00 939.14 72.39
	12864.46
	7.6
	82490.22

13

Larkspur Rovers Football Club Analysis of Expenditure Notes to the Financial Statements As at 30th April 2022

5. Expenditure Venue Hire WTS After School Club AGP Maintenance Grass Pitch Maintenance Grass Pitch Project Facility Management & Maintenance Internal Facility Management & Maintenance External New Works (internal & external) Tournaments Entries Affiliations Kit & playing equipment Fines Social Expenses Rent & Rates Insurance Licensing Safety & welfare Independent Examination Bank Charges Utilities Courses Attended DBS Legal & Professional Printing, Stationary & Office Communications & IT Other Expenses Depreciation Total

£ 0 0 4656.3 3171.62 0 3,441.00 288.54 3619.71 205 3332 5302.85 2,135.00 1291.58 8,375.00 5459.91 659.20 356.3 450.00 40 11852.2 350.00 63.12 35.00 774.45 584.93 385.00 6,129.00

62,957.71

14

Larkspur Rovers Football Club Notes to the Financial Statements For the Year End 30th April 2022

7. Tangible Fixed Assets

Fixtures and Fittings Cost Balance b/f Additions Balance c/f Depreciation Balance b/f Charge for the year Balance c/f Net Book Value As at 30th April 2022	21-22 25697 1356 27053 9361 6129 15490 11563	20-21 13900 11797 25697 3764 5597 9361 16336	19/20 0 13900
			13900
			289.58 3475
			3764.58
			10135.42

Tangible fixed assets are stated at cost less depreciation which is calculated to write off the asset over its expected useful life. Depreciation is recorded based on the number of months the asset is in service, counting the month of acquisition as a full month. For accounting purposes, depreciation will be recorded on an annual basis.

Fixtures & Fitting additions foryear		£
Cupboards for Office		696.40
Defibrillator		660
	Total
	Additions	1356.40

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Larkspur Rovers Footban aub Notes to the financial Statements Forthe Year End 30th April 2022 6. Summary of Fund Mo¥empnts Fund BalarKe brou8 Fund balanre carried Gains and Mtyéement In Funds Fund Name Expenditure Transfers Core Petty Cash Restrirted Totsl Funds 67668 82482 62957 19525 78190 51220 60231 138421 118888 824 62957 19533 Notss: li The restrirted funds relate to the AGP sinking fund Deposit Account. The'AGP Sinkln8 Fund, is a cofttrdctual commitment where by LRFC rnUSt dewsit £6k per annum for 10 years in order to refresh our artificial pf(ch. This was agreed when LRFC took on the premlses. As of 30 April 22 LRFC have achleved their contrartual commrtment of saving £fA)k to refresh the artiflclal pitch. The fiTranclal ststemerrts on pages 11 to 16 were apprQ￿l bythe trustees. and authorised for issue and 4ned on their behalf by: Ron Durrant 16