REGISTERED CHARrrY NUMBER: 1111619
REPORT OFTHETRIJSTEESAND
UNAUDITED FINANCIAL5fATEMENrs
FOR ThEYEAR ENDED 5 APRIL2023
FOR
SLEAFORD 5PORT5 ASSOCIATION
Charity Cofflmission
2 3 APR 2026
Received
Ouncan & Toplls Limlted
18 Northgat
Sleaford
Lincolnshi
NG34 7BJ

SLEAFORDSPORT5 ASSOQATION
COI4TENTSOFYHE FINANaAL5TATEMENrs
FOR THEYEAR ENDED 5APRIL2023
PaEe
Report altheTrustees
Independent Examinerfs Report
s￿ement of Ftnanclal AttNlties
Baanosheet
Notesto the Nnan¢xal Statements
6 to 8
OÈtailed Ststementof Finandal Actlvities

SLEAFORD SPORTSAssoaAMON
REPORT OFTHETRUSTEES
FOR THE YEAR ENDED 5 APRIL 2023
The trustees present their report the financial 5tatement5 of the charity for the year ended 5 April 2023. The trustees have
adopted the provéslons of Accounting and Retwbng by charl￿e$.. Statement of Recornmended Practice applkable to charities
prep3rfng t￿1r accounts In accordance with thp Rnanoal ReportlnE Standard applicable In the UK and Republic of Ireland IFRS 1021
(effective l January 20191.
oBjE￿1VE5ANO AcnvmES
Ob*thves amd aims
The objectives of the charfty are the womotlon of communlty partiopation In healthy recreatlon for the benefit of the inhabltants
ol Sleaford bythe proviycw of faclllbesfr* sportwtth an ernphasi5 on fothll.
Significant attivitie5
The charity contlnued to run and maintain the sports fdcillty at Eslaforde Park. constructed in 2CA17. The fac111J￿ prcvlde a f8Jtsstlc
base for the dubs usin8 the facilitie5 which contlnue to be successful and increase their members, so more local people are
ber**ittin8from the exc2llent facilitie5 provfded bythe charity.
The charity hè5 rented footb311 pltches to Sleafcrd Town Football CTub and Sleaford Town Junior F￿tball Club and a150 on È 'one
off, ba515 to other organisat￿n5. It ha5 also rented facIll￿e5 to Sleèford Striders, E51aforde Bowls Club a￿1 Sleaford Maltster5
Archery Club. The charbty has employed staff to run the clubhouse f3(31ities. including è bar. Additional Income has been generated
from various fund-raisingevents and actlvityes.
RNANaALREVIEW
Flnandal pos1￿¢
The Statement of Financial Acbwtie55hows net outEoingresource5 forthe year of £?5,1￿(20?2.. £21,603).
The total reserves at the er¥1 of financlal year were £789,83412022.. £815,D>ll, but the trustses Intend trj try and irKrease liouid
reseTve5 to cover at least three-month running tosts. The current bank loan of £194,000 was tèken out iri September 2017 on an
Interest only basis for three month5 and from De￿rnber 2017 is being repèld in equal in5talments so the loan will be Tepaid by
September 2042. The balance Outstanding￿ this loan at 5 April 2023was £167.48812022.. £177,353).
In order to ensure the loan repayments can be made the trustees continue to ensure the overheads of the tharty are kept to a
minimum ènd totryand find additional opportunities to ma￿[￿lse inwrnefrom thefacllitles.
SrRU￿￿RE. GOVERNANCEANDMANAGEMENT
Governing document
The charity is contrdkd by its governin8 document, its constitutlon adopted on 6July 2004 and amended on 18 April 2LN)5, 13
2009 and 14 August 2017.
ReEruitsnent and appolntmentof r￿ltruSieeS
The charity has a board of three triJstee5, all of whom 3re volunteers, who are elected at the Annual General Meeting of the Charrty
the board of trustees meet morthly a5 a full board. It ha5 e5t8bllshed a management tommittee which discu￿ the activltie5 of the
charity in terrns of finance, premises and stsfflng. The mana8empnt committee make recommendations to the board of trustees
and monltoropetstlonal artl¥ities.
Prlor to being elerted 35 trustee5, nominees Zre invlted to a boèrd meeting to rneet the trustees. Shoukl they be appolnted tw are
provided with all the relevant information from the Charitycornmission and the charity Itself re8ardinsthe WDrk cf a trustee.
The board oftru5tees do25 fK)tcurrentty have a chalrman Orvi￿ chaSm)an and effort5 are belnsrllade to add￿55 thls matter.
Rlsk management
The trustee5 have 8 duty to identtfy and review the risk5 to which the charlty Is exposed and to ensure appropriate contro15 are In
place to provide re3sonable assurante agalnstfraud and error.
REFERENCE ANDADMINisfRAfivE DETAIL5
Registered Charitynumber
1111619
Prfnrlpal address
Sleaford Town Football aub
Boston Road
Sleaford
NG34 9GH
gel

SLEAFORD SPORTSASSOCIATION
REPORTOF YHE TRvsfEES
FOR TrIEYEAR ENDED 5 APRIL2023
Trustee5
JA5haw
Ms J M O'Rourke
Independ•rt Examlner
Duncèn &Toplls Lirnited
18 Northgate
Sle3ford
Uncoln5hire
NG34 7BJ
,,/,/,
Approved by orderofthe boord oftrustees on............................................ and signed on its behalf by..
J A Shaw-Tru5tee
Page 2

INDEPENDENT EXAMINER'S REPORTTOTHE TRUSTEESOF
SLEAFORDSPORTS AssoaATrON
Indepertdentex8mlnerfs report tothetru5tees of51ealord sports Assodatlon
I rewrt to the charity trustees on my examlnation of the accounts of Sleaford S￿rts Assoclatlon Ilhe Trust) for the year ended
SApril 2023.
Respon51bllltle5 and baslsof rewt
As the charity trustees of the Trust you are respons¢ble for the preparotion of accounts in accordance with the requlrernents of
theCharl￿e$ Act20111'the Att'l.
I report In respect of my examination of the Trust's accounts carrled out under 5ectton 145 of the ALt arKI in carrwng o￿t my
examlnation I have followed all appllcabk Dlrectlons Oven bythecharltycommis￿0n undersection 14515llbl of the Act.
Independentexamlrtels statement
I hHve completed rny exaFninatlDn. I confirrn that no rllaterial mattets have come to my atten￿On In connection wth th
examsnaticn me cau5etp believe th* in any m#teTial re5pe¢t'.
attounting records were mt kept In respert of theTrustas requlred by ￿ctIOn 130 of the Art.. or
the èccounts do notaccord with those records,. or
the atcijunts do not Comply with the appllcable requirements concernlng the form and content of accounts set out in the
Charities IAccouDts and Reportsl Regulation5 2008 other than any requirement thqt the accounts Ove a true and frair wew
whlch Is not a rnatterconsidered as part of an independent examination.
I have nts contsms and have come across no other matters in c￿neCtiOn with the exarninatioTr to which attentign should be drawn
in this report in grdeito enable a proper under5tandin8of the accountsto be reached.
Keith Phillips FCA
Dtjncan &Toplis ￿Mited
18 Northg*e
Sleaford
ncolnshlre
NG34 78J
Date..
PaEe 3

SLEAFORD SPORTS AWCIATIQN
srATEMENTOF FINANOALACTIWTIES
FOR THE YEAR ENDED SAPRIL2023
2023
Total
lunds
2022
Total
fund5
Unrests1cted
fund
Restrlcted
fund
Notes
INCOME AND ENDOWMENfs FROM
Donation5 and le8aoes
1.9
1,913
2.0(K)
Charltable artivltl¢s
Acbvttiesfor Èeneratin8 funds
67,778
67,778
74.377
Totsl
69,691
69.691
76,377
EXPENDITURE ON
Charitable athvitles
Actiiritie5for8eneratingfund5
94,890
94.
97,980
NET INCOME/(EXPEND￿URE}
125,1991
125,1931
121,6031
RECONCILIATION OF FUNDS
Totalfunds brouEhtforward
65,041
749,992
815.033
836,637
TOTAL FUNDSCARRIED FORWARD
39,842
749,992
789.834
815,034
The notes form part of thesefinancial statements
Pale 4

SLEAFORD SPORTS AssofJATION
BALANCE SHEEr
5 APRIL2023
2023
Tctal
fvnds
2022
Total
tunds
Unrestricted
fund
Restrlcted
fund
FIXEDASSErs
Tangible a55ets
215,307
749992
965,299
976.743
CURRE￿ ASSETS
Stocks
Cash at bank
2.om
3,370
2.LWJO
3,370
2,0
20,900
5,370
5.370
22,9(X)
CREDITORS
Amounts fallingduewithin one year
113.3471
113,3471
112.4831
NEfcuRRENT ASSEfs
17,9771
17.9771
10,417
TOTALASSETS LESS CURRENTLIABILMES
207,330
749,992
957,322
987,160
CREDITORS
Amountsfallingdueafter more than oneyear
1167,4881
1167,4881
1172.J261
N[r￿sEr5
39,842
749,992
789,834
815,034
FUNDS
Unrestritted fund5
Restrictedfund5
39,842
749,992
58,270
756,764
TOTALFUND5
789.834
815,034
The financial statements wwe OPPToved by the Board of Trustees and authorised for isstse on
were signed on its behalf by..
and
J A Shaw-Trustee
The notes*orm partof these financlal statemen15
Page S

SLEAFORD5PORTS A$50CIATION
NOTESTOTHE FINANCIAL STATEMEKfs
FOR THE YEAR ENDED5 APRIL2023
ACCOUNTING POUCIES
Bè5is of prep8rih8thÈfinanual statements
The finan¢lal 51Htements of the charity, whlth L% a publit benefit entity undw FRS 102, have been prepared In accordance
with the Charities SORP IFRS 1021 'Accountlng and Reporting by Chjritles.. Statement of Recommended Practits applicable
to charities preparin8 their accounts in accordan￿ with the Financial Reporting Sténdard applic0￿e in the UK and Republic
of Ireland IFRS 1021 (effective l January 20191,, Financkl ReporbD8 Standard 102 Yhe Financlal Reporting stsrKJard
applicable in the UK and Republic of Ireland, and the Charitles Act 2011. tlnancial statements have been prepared
under the historlcal cost conventlon.
Income
All income is recognlsed In the StstÈment of AryaD¢ial Activities once the charfty has entitlement to the funds, it 15 probable
thatthe incomewill be received and the amountcan be measured rellablv.
EXpendI￿re
Liobilities a￿ recognised a5 expenditure as soon as there is a legal or cun5tructive obli8ation committing the charlty to that
¥penditure, It is probable that a transfer of economlc beneflts will be requlied in setdèment and the amount of the
obligation can be rneasured reliably. E¥pendlture is attountÈd for cn an 3ccrua15 basls and h3$ been cla5slfled under
headings that awegate èll cost related to the cate80ry. Where cast5 cènnot be directly attributed to part(cul8r headin¥5
they have been 311ocated to actlvlties on a basis con515tentwiththe use of resourw.
Tanzible fixed a55ets
Depreciation Is provided atthefollowing annual r3te5 In ordertowrlfeoff each assetover its estimated useful lrfe.
Freehold property
Plantand mathlnery
15% on c05t
25% on c05t, IO%on c05t and 5% on cost
Storks
Stock5 are vèlued at the lower of c05t Bnd net reall￿ble value, after making due allowance for obsolete and slow moving
Item5.
Taxatl
The ch3rltyls exernptfrom tsx on Stscharftable actDirÉles.
Fund accountln&
Unrestricted funds can be used in accordarKe with the charitableoblectives at the d15cretlon of the trustees.
Restricted lunds ean only be used for particular restrlcted purposes withln the objects of thÈ charity- Restrttiorts ar￿e
vhen specified by the dcnororwhen fund5 a¥e raised forparticular restricted purposes.
Furtherexplanation of the nature and purpose of each fund is included in the tH)te5 to the financial statements.
TRUSTEES, REMUNERAIION AND BENEFirs
Mrs J O'Rourke w35 pald remunerafjon for duties carried out as an employee of the Charfty in the year ended 5 April 2023
of £8,56012022.. £5,560).
Mr James shaw ¥vas also pald ￿nI￿neratiOn for dytles carrfed out as an employee of the Ch8r¢ty in the year ended S Aprll
2023 Df £2,29712022.. £Nill.
Thistees, eypenses
There were no trustees, expenses paldforthe year ended 5 Aprll 2023 norforthe year ended 5 April 2022.
Page 6
tontinued...

SLEAFORD SPORT5 ASSOaAnoN
NOTESYOTHE FINANaALSTATEMENTS- contlnued
FOR THEYEAR ENDED 5 APRIL 2023
COMPARATIVES FOR THE STATEMENTOF FINANCIALArnvrriES
UnTestricted
fund
Resirkted
fund
Total
funds
INCOME AND ENI)OWENTS FROM
Donations and legacies
2.(M)O
Charitable acl1iTh￿eS
Athties for8eneratin8funds
74,377
74.377
Total
76,377
76,377
EXPENDITURE ON
tharitablÉ act￿￿[e5
Actlwties forgeneratingfunds
97,980
97.980
INCOMEIIEXPENDITUREI
121,FA131
121.6031
RECONaLIATION OF FUNOS
Total fut¥Js broughtforward
79.873
756,764
836.637
TOTALFUNDSCARRIED FORWARD
58.270
756,764
815,034
TANfjIBLE FIXED ASSETS
Freehold
property
Plantand
machlnery
Tots15
COST
At 6Aprtl 2022 and 5 April 2023
L106,894
106,237
1,213,131
DEPREaATION
At 6April 2022
Charge foryear
138,581
9,310
97,807
2.134
236,38B
11,444
At 5 April 2023
147,891
99,941
247,832
NET BOOKVALUE
At 5 April 2023
959.003
6,296
965,299
At 5 April 2022
968,313
8.430
976,743
STOCKS
2023
2022
Stc£ks
2.0
2,Lh)D
Page 7
contlnJed...

SLEAFORD SPORTSASSOCIATION
NOTE5TOTME FINANOAL 5TATEMENTS- contlnued
FOR THE YEAR ENDED S APRIL2023
CREDITORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR
2023
2022
Bank loansand overdrafts Isee note 81
Tèxation and social security
oiher creditors
5,226
3,146
4,975
5,226
3.032
4,225
13.347
12,483
cRE￿OR5:AMOVNTS FALUNG DUEAFTER MOREThAN ONEYEAR
2023
2022
Bank loan51see note 81
167,488
172,126
LOANS
An analys55 of the matur5tyof loans is given below=
2023
2022
Amounts falling due Trmthin oneyear ￿ deM￿d..
Bankloans
5,226
5.226
Amounts falling between one and two years..
nk loans- 1-2 years
S.226
5.226
Amounts fallingdue between tsvo ar￿ fwe years..
Bank loans- 2-5 years
15.679
15,679
Amounts*alllngdue in morethan fveyears..
Repayable bylNttalments'.
Bank loans more S yrby instal
146,583
151.221
MOVEMENTIN FUNDS
The restricted funds represent capital Erants recefved for the provisKJn of a sports faciltty at Eslaforde Park and also for
the purchase of sports equipment. These 8rants place rÈstriction5 on the use and sale ol freehold properw and sports
equSpmenL As the relaed a￿et5 are depreciated. then a transfer is made from re5trlcted ￿Set fvnds to unrestrirted
revenue reserves to reflectthe dimlnutknn In the assetk
io.
RELATED PARTY DISCLOSURES
There were norelated partytr3nSaLt￿nsfor the year ended SAprfl 2023 %yiththe exceptiDn of those Duuined in note 2.
PB8e 8

SLEAFORDSPORTS ASSOOATION
DETAILED STATEMENTOF FINANaALAcTIv￿1Ls
FOR THE YEAR ENDED 5 APRIL2023
2023
2022
INCOMEAND ENDOWMEN15
Donatsorhs and148des
tk)n3tions
L913
Ch8rttable arthjties
Barlncome
Pitch fees
Hlre of fats11t￿S
COVID8rants
Football 5tadiè 8raJ)ts
43,616
20,314
799
32.IL2
16,6L¥J
10,143
15.522
3,049
67,778
74,377
Tthal Incomln8 resources
69.691
76,377
EXPENDITIJRE
tharltable artlvhles
Rates and water
Insurance
Light and heat
Telephone
Sundries
Rep3lrs and renewals
Cleaning and waste disposal
Grounds maIn￿nan
Openin8Stock
Purchas
Wages
Closin8 stock
Freehdd property
Plant and machinery
2,371
2,640
5,803
830
406
2,971
412
17,239
2,000
18.812
20,396
12.0001
9,310
2,134
2,572
2,445
5.048
932
9.161
337
10.274
2.OLK)
17.874
24,793
12,OWI
9,310
4,670
83.324
87.416
SupportcostS
Finan(e
Bank tharges
740
OtheT
Bank Snterest
9.969
8,824
Governancecasts
Accountancyand legal fees
750
LLNJD
Total resources expended
94.890
97,980
Net expendlture
125,1991
121,6031
Thi5 page dops ntrtform partof the ststutoryfinanclal statements
Page 9