Charity Registration Number 1096613 LARKSPJI F(M)TLl CUIB Larkspur Rovers Football Club Annual Report and Financial Statements for the Year End 30th April 2024
Larkspur Rovers Football Club Contents Reference and Administrative Details Page 2 Strurture, Govemance and Management Page 3 Annual Report Page 4- 9 Achievements and perfomiance Page 10 Statement of Trustees Responsibilities Page 12 Independent Examinerfs report Page 13 Receipts and Payments Accounts Page 14 Balance Sheet Page 15 Notes to Financial Statements Page 16-20
Larkspur Rovers Football Club Also Known as LRFC Reference and Administrative Detsils Registered Charlty Number 1096613 Trustees: Ron Durrant Chalrman Jeanne Illsley Treasurer Alan Rayner Trustee Andrea Gooden Secretary The recrultment and appolntment of new Trustees Is done by elecdon by our members Prlnclple offi Lafkspur Rovers Foothall Club Lord Halsbury Memorlal Playing Fleld Prlors Farm Lane Northolt Mlddlesex UB5 5FE
Structure. Governance and Management Description of Charity The charity is controlled by its constitution adopted on 1111112002 Amended 1810612007 Amended 2010612012 LRFC is an unincorporated assoaation Trustees are elerted 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 che(&ed and have completed Safeguarding training. LRFC is run on a voluntary basis only, there are no paid staff members. Objectlves of the Charity The Charivs 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. Maln Artlvltles: Youth football developrnent {U7 to Ull) Youth football IU12 to U181 Women's Senior football (GLWFLI Girl's football Men's Senior football Veteran's football Exercise through football Wildcats Centre Youth Academy
Annual GgMral IAeeting 202312024 Annual Report rfer the past year the dub has continued to fvlfil its Chanty objecti.ves to prony)te the fitness, advance the educab'on and facilitate the social devdopment of around 100 boys between S and 16, 70 seniors .40 girlslladies and 20 veterans through healthy participats'on in the game of Association Football. The Senior teams conts'nue to demonstrate that the club is able to offer youth players the opportunity to keep playing once they go beyond 18 years of age. Larkspur is a dub that tries not to pursue a win at all costs strategy. our airn is to provide opportunities for people who want to tske part in football to be able to do so and hopefully at a level that best suits them so they play rather than sit on the bench. 9 teams started this season and our nursery is growing on a weekly basis we aim to grow further in the coming seasons. Congratulations to Bruno whose team came runners up and to Damon whose Ladies team won the cup and came runners up in their division. This is the 11 th year at Lord Halsbury and we will need all of our members help to help with the upkeep of the clubhouse and the grounds. The AGP is sb'll a significant advantage and other clubs that visil are hBhly impressed with the quality of the facilib'es that we are lucky enough to have, still as last year l am not sure that our own members still yet appreciate them and the efforts that have to be taken to keep them dean, presentable and useable. A greater nurnber of people willing to help when help is asked for would be of enomous benefit to the club moving foDNard. With the previous financial year ended the is still a minonty of members who have not paid their 202312024 subscripb'ons which is inequitable for those who did pay and which puts pressure on the clubs, finances. Those members will need to settte any outstanding balance before signing on for the 202412025 season. INe still run veterans sessFons on a Monday nht and these are not exclusNe to members, these sessions are sts"Il well supported, we have also just started ladies sessions again on a Monday. For 202412025 season we have made a minor increase in the membet5hip fee and they are n¢)W £300. We have made this increase as we have a Sot of overheads with running the clubhouse and the AGP and the upkeep of the pitches. the new fonns have been passed on to the managers and they in tum should have been passed on. Please ask your parents to fill in the Gift aid part of the fom as this is vitally importan( it has no impact on your personal tax affairs but means the dub can daim money back from HMRC. None of what we have comes free and the club is under considerable scruts.ny 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 efft)rt 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 b'me and help with the running of the club when you a able. Never forget Larkspur Rovers F.C is a dub run by its rnber5 for its members and ts strength lays in the collective not just the efforts of one person.
I would like to say a big thank you to all the volunteers that have helped the club through the last year your help is very much appreciated, also a massive thank you to the committee who have kept the club running as smoothly as possible without these members the club wouldn't survive. Sadly, Jeanne is standing down from the Treasurer role this will be a big loss to the team and I personally thank her for the hard work she has done. I will again do my best in the coming year to fvlfil my role as dub Chaimian. Ron Durrant 202312024
Iiiirj LARKSPUR ROVERS FOOTBALL CLUB AGM Monday 5 August 2024 TREASURER'S REPORT Unfortunately, the TaSUre1S report is always the hardest to deliver as unless a miracle happens during the season and we are given a huge injects'on of cash it has less positives than negatives. But I will start on a posib've note. In the past season the Club has reiVed over- £5,000 in sponsorship towards the cost of kits. £7,726 from the Football Foundats'on as part of the 6-year pitch improvement grant £10,200 from the Supporters Club. The Football Foundation grant has to be met by the Club's contribution of over £4,000, there was also additional costs in maintsining the pitches that was not helped with the terrible weather experienced throughout the winter and spring. In total pitch works, project and maintenance cost a total of £13,082. Maintenance of the AGP is less as the Maintenan visits have been reduc2d due to low usage, the cost this year is £1,072. The Supporters Club donated an amazing £10,200 to the Club, £6,000 of this was used for the sinking fund towards the replacement of the arb"ficial pitch, also towards grass pitch works. As in previous years we continue to actively seek grants from other sources, for example the Football Foundation, local businesses and large employers in the area. This helps with the upkeep of the pitches and purchasing new equipment. Gift Aid is outstanding to be claimed for the season, in the previous season (22123) £5,700 was claimed. A good way for the Club to raise additional funds is through Gift Aid. Gift AKI 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 have paid the basic rate of tax the Club can reclaim this mney. For this 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 befo the preferred methods of payment will be directly to the Club bank account, 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 Bank Accounts now have to pay bank charges on all transath'on made over the counter. The Club does not accept cheques.
LARKSPUR ROVERS FOOTBALL CLUB AGM Monday 5 August 2024 As in previous years, the increase in the cost of all utilities, especially electricity has hit the club quite hard. The total cost for the 2023124 season was £22,600 for electricity, gas and water, £5.000 more than the previous yeai. The biggest financial setback this year has been Ealing Council's decision to remove the 800A discount on the nt and award just 500h. this is the maximum discount now available. The total rent is currently £32,500. en we reiVed 80% discount the yearly rent was £6,500 paid quartedy at £1,625. The rent now with the 50.kn discount is £16,250, quarterly payments of £4,062.50. The subsidy figure is currently under review again, we will not be able to secure any further discount and only hope the Council does not reduce it further. 34 / of the increase has been passed onto the Boxing Club but we are still having to pay the remainder. Jeanne Illsley Treasurer
LARKSPUR ROVERS FOOTBALL CLUB AGM 2nd September 2024 SECREfARY'S REPORT So. we look back at season 202>24, we had teams ranging from youth team U7-U15 in the Harrow Youth League, two girls teams playing inlhE Caprtal girls league. We have senior level teams, one Saturday league, two Sunday league teams and one senior Ladies. Vets football is still going strong and looking to bring back womens recreation for football in the new season alongside fftness class for all and the continued growth of Girls foolball, 'Providing a posrtive environment for71111' We have seen a few successes by the end of the season starting ¢)ff wrth the Ladies team winning the Thames valley counties women's Jeague cup. Congratulations to the Ladies and Damo and Tony, getting the ladies this far, and set to make a statement for seasons to comell and congratulations to our u12 getting runners up in their dNiSiOn. Larkspur Rovers Youth held our first summer toumament at Lord Halsbury playing rId in June, we may have had the most four seasons over the two days, but Im sure most would agree that it was successful. We have had a range of feedback from different parties of the football network, such as parents saying their child had an amazing day and loved our 'MURRAY THE MILKMAN. Mascot, coaches saying that it was so organised and would attend our toumament again. referees enjoying the day and trealed wilh respect by all and would f at our toumament anytime. Overall, we had over 80 teams over the two days which was an exceptional achievement. We will set our tournament at our club every year. Not onty is it good for getting teams together at the end of season, it showcases us as a club, and invites people to see where we are and who we are. Plans are on to create even more better toumaments. Our youngest two squads stood out this season. setting the standards of high-qualty football led by our UEFA C coaches. winning a couple of tournaments ready to bring in their amazing improvement into the new season.
We aim to develop adults and chikIn of all different starting points of their joumey in foott)all. We can only proVe this by having dedicated coacheslvolunteers. we a fortunate to have a few now. but we need more to continue the growth of football at Larkspur Rovers FC. We are still in need of Tecruiling 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 benefft to all in the Club. Any training will be provided free of charge to you. and the more we can have voluntr5 wearing only 'one haf, the better it will be for them and all in the Club. I will hope to continue my role as secretary and support our dub going foThvard. Andrea Gooden 202>2024
Achievements and performance This season we have in inueased our girl's participation on all levels. Since the Euros. we have been able to grow our girls, teams, we have been able to enter our girls. teams in the Capital Girl League UIO and u125 and with posltive numbers starting to increase on a monthly basis with the support of our Wildcays Centre, we are setto add in another team into the league hopefully u9 by the end of the new season. Whilst our younger age groups are doing well with the continued support of the FA Wildcats Centre platform being their starting point into tearns, we are yet to grow our older age range group 13+. It has been a bit of a struggle to get this age group in but with our new programme targeted for girls age 12-14 "squad girls" will help to support getting girls in at this age group. With the squad and Wildcats Programme's, the FA has designed these programmes to support girls into football with the full commitment of joining a club, this allow the player and parent to have flexibility until they are sure that they wish to stay and play the game of football. The centre is simply designed for girls to have fun make friends, in a relaxed calm warming environment. The h club has all the facilities that any girl needs so we are set to continue the growth in women and girls football at Larkspur Rovers FC. Our youth teams continue to soar across the board. We have 11 teams currently playing in the harrow youth league, by the second phase of the season we will be able to add another two into the league, withthe growingsupport of our head coachto makesurethewecontinuetosupportthedevelopment of all our players It seems as though the word is spreadin8 on what we provide at Larkspurs Rovers which is DEVELOPING PLAYERS TO THEIR HIGHEST POTENTIAL With our continuing efforts around developrnent. we are looking towards the next phase in producing high qualitycoaches in ourclub ensuringthat they meet the needs of our players coming into the club. We have increased our numbers of parent volunteers at the club with almost 2 parents attached to each team that will help and support the lead coach with match days and practise days, to develop players and making sure that all children and adults are kept safe with our introduction to safer recruitment at our club. io
Financial Review Flnancial Posltion of the Charlty: At presentthe club is financially stable and met budget targets in this period. The Club has encouraged direct payments for subs in to the bank account forthe coming season, this method of payment is increasing each year. parents are now Setting up regular payments this has resulted in more subs being paid on time. Apart from reIving the money regularly this helps the club not to incur bank charges by paying cash into the branch. To help with increased utility costs NABC quarterly payments for rent and electricity have been increased. Because of the higher cost of materials for pitch Maintenan the Football Foundation are currently reviewing the possibility of increasing the grant arnount for the &year programme. Reserves pollcv: 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 aub is funded by Membership payments. When available• grants are sourced to help with the upkeep of all playing surfaces. Funds are also raised by holdln8 tournaments at LRFC. Flnandal Rlsks: With the exception of any Grants, we are able to obtain, the dub is reliant entirely on member subscriptions. Any reduction in numbers would impact on our financial stsbility. 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 rneet this commitment- projetted lrfespan 10 years li
Independent Examiner's Report to the trustees of Larkspur Rovers Football Club Independent examlner's report to the trustees of Larkspur Rovers Football Club. I report to the trustees on my examination of the accounts of Larkspur Rovers Football aub Ithe Charity) for the year ended 30th April 2024. Responsibilltles and basls of report As the trustees of the charity, you are spOnSible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act,). I report in respert of my examination of the Charity's accounts carried out under section 145 of the 2011 Art and In carrylng out my examination I have followed all the applicable directions given by the Charlty Commission under section 14515)Ibl of the Act. Independent examlner's statement I have Completed my examination. I confirm that no matters have come to my attention in connectlon with the examlnatlon giving me cause to believe that ¢n any material respect: accounting records were not kept in respect of the Charity as requlred by sectlon 130 of the Art,. or the accounts do not accord with those records: or 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. Dlana Frost l Newmarket Ave Northolt Middlesex U854HB 13
Larkspur Rovers Fo(rtball aub Income Ststement For the Year End 30th April 2024 Total Funds Prior Unrestrirted Funds 2024 Restrirted Funds 2024 Total Funds 2024 Notes year 2023 Income From: Don3tions/Legacies and Grant5 Grants (Government) Charitable Activbties Other Trading Artivitles Investments Total Income 53993 53993 50062 26387 697 26387 697 9945 1370 1370 310 81077 1370 82447 60317 Resources Expended: Charitable Activities Other Totsl Expenditure 84479 84479 73115 84479 84479 73115 Net Income and (Expendlture) Transfers Between Funds -3402 1370 -2032 -12798 Net Movement In Funds -10402 8370 -2032 -12798 Reconclllatlon of Funds: Total Funds Brought Forward Total Funds Carrfed Forward 59082 66541 125623 138421 48680 74911 123591 125623 14
Statement of Assets and Liabilltles For the Year End 30th Aprll 2024 Unrestritted Funds 2024 Restritted Funds 2024 Total Funds 2024 Total Funds Prior Year 2023 Notes Flxed Assets: Tangible Assets Investments Total Flxed Assets 7987 7987 10200 7987 7987 10200 Current Assets: Stocks Debtors Investments Cash at Bank Totsl Current 40693 74911 115604 115423 40693 74911 115604 115423 Uabllltles: Creditors: amounts falling due within one year Total Assets less Current Llablllties 48680 74911 123591 125623 The Funds of the Charlty: Restrirted Funds Unrestricted Funds 74911 74911 48680 123591 66541 59082 125623 48680 48680 74911 15
Larkspur Rovers Football aub Anatysis of Income Notes to the Financial Statements For the Year End 30th April 2024 l. Donations/Legacies and Grants Membership Subs Gift Aid Affiliations Donations Grants Donation {Parent & Supporters) 38778 12000 3200 53978 2. Government Grants Grants 3. Charltsble Actfvltle5 Venue Hire Rent & Rates Fundraising Toumament Entries Amazon Fines repaid Grass Pitch Ref Fees Utilities Other 1737 11398 2755 15 597 7726 2771 100 27099 4. Investments Bank Interest 1370 Totsl Income 82447 16
Larkspur Rovers Football Club Analysis of Expenditure Notes to the Financial Statements As at 30th April 2024 5. Expendlture Venue Hire v(rs After School Club AGP Maintenan Grass Pitch Maintenance Grass Pitch Project Facility Management & Maintenance Intemal 1073 1993 11093 3545 Facility Management & Maintenance Extemal New Works (internal & extemal) Equipment Tournaments Entries 197 1029 240 Affiliations & player insuran Kit & playing equipment Fines Social Expenses Rent & Rates Insurance Licensing Safety & welfare Independent Examination Bank Charges Utilrties Courses Attended DBS Legal & Professional Printing, Stationary & Office Communications & IT Other Expenses Depreciation Charty Donations Dues and Subscriptions Refund of subs 2915 12100 1258 1310 16012 4744 159 500 70 22,603 60 60 137 451 85 2,812 35 £84,479 17
Larkspur Rovers Foothall aub Notes to the Flnandal Statements For the Year End 30th April 2024 6. Summary of Fund Movements Fund Balance brought forward Fund balance carrled forward Net Movement In Funds Fund Name Income Expendlture Transfers Core Petty Cash Restritted Total Funds 59082 81077 84479 -3402 48680 66541 1370 1370 74911 125623 82447 84479 -2032 123591 Notes: i) The restricted funds relate to the AGP sinking fund Deposit Account. The 'AGP Sinking Fund, is a contractual commitment where by LRFC must deposit £6k per annurn for 10 years In order to refresh our artificial pitch. This was agreed when LRFC took on the premlses. 18
Larkspur Rovers Football aub Notes to the Financial Statements For the Year End 30th April 2024 7. Tan8lble Fixed Assets Fixtures and Fittings Cost 2>24 22-23 21-22 Balance blf Additions 31964 599 27053 4911 25697 1356 Balance clf 32563 31964 27053 Depreclatlon Balance b/f Charge for the year 21764 15490 6274 9361 6129 2812 Balance clf 24576 21764 15490 Net Book Value As at 30th April 2024 7987 10200 11563 Tangible fixed assets are stated at cost less depreclation which is calculated to write off the asset over Its expetted useful life. Depreaation 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, depreclation will be recorded on an annual basls. Flxtures & Flttlng additions for year Stadium Wlheel line Marker 2510712023 599 Total Additsons 599 19