Featherstone Rovers Foundalion (A Company Limited by Guarantee and a Registered ChaTity) Unaudlted Report and Flnanclal Stalemerrts Year Ended 30th November. 2023 Company Number 05843688 Regl8tered Charfty Nunknr
Featherstone Rovera Foundation (A Company Limited by Guarantee and a Reglstered Charftyl Company Infornmtion DIRECTORS AND TRUSTEES: M Tennan14fjng N Rush C H&initz M C8mpb811 M Pawson K Taylor L Burrows A Proul I Cu$hnio SECRETARY: Taylored Business S8cretaries Ltd REGISTERED OFFICE: Millennium Stadium Post Office Road Featherstone West Yorkshir6 WF7 SEN REGISTERED NUMBER: BANKERS: Virgin Ba Castleford SOLICITORS: Watson Burton LLP 1 St Jame's Gate Newcastle upon Tyne NE99 1YQ ACCOUNTANTS: Cwrthom Ac¢ountan¢y Bondgatè Pontefract WF8 2LQ
Featherntone Rovers Foundation IA Company Llmlted by Guarantee and a Registered Charity) Report and Flnanclal Statements for tho Yoar Ended 30th November. 2023 Page Report of the Directors Report of the Account8nl8 Stalement of Financial Activities 8818nce Sheet Notos Forming Part of the Financial Statements 7-9
Page 1 Feath•rston• Rov4rs Foundation {A Company Limited by Guarnntee and * Regi$t¢rnd Chaiityl R•port ofth• Trust••s forth• Year Ended 30th November. 2023 Thg Dir¢tors $ubmil thair onnual r•port along wllh the finanraal statements for th8 al ended 30th November, 2023. Conotitution The Company was incorporated on 12 June 2(", it is limited tsy gu•rwrt•• wilhoul shor• capital. Th• liability of the momb•rs is limit•d to £10 •ach. Accumulated lunds arg not L'$tributabl• to thg mgmbgrs. The governing instrument under whith Ihe Cornpany owratS 1$ Tt¥ M•MOrm ond AJtid•s of Associatson. Th• Dirèctors ar• tr•at•d as trusts•8 lorcharilias Acl puooses. obCtIV To Maximi the pot•nlial of the people olthe Fealherstone and Y•ider Wkefi•l¢J district ar•a throu9h theiT engagement in sporbng, educational, soci#l indusion and herilage ath"vities. To improv• and •n4n att•s$ to lo¢al lacilib•s that fan d•liv•r th8 above obj'ective. To fund the provision of equipment and lutoring, Ihai will Pos¥• contribut• to •nhandn9 th• d8liv8ry 8xp•ri•nc• and rnsulting attainment levels for all partirApanlS. Through th¢ provision of m•aningful and 8njoy8ble actiVe$. increase tho ovor811 number ol partiapants In Ihe Faatherstone and wder Wakefield Dislrict ar• parbopatrng in th• o¢tsvib'•$ m•ntion•d #bov8. Org•n1•a•n Th• Company Is govemed by Tnjstees vthich act as a Board of Oir•dorn. Th• 808rd appolnts employees lo the organisathon. wtho form a •eniDr managem1 l&am. Th• ¢ombination of Trusts•s and senior management S reponsible forlormulating Stategy and policies for the companylcharity as a whole. indu¢ng tho approval of budg*ls and èxercising of finandal ontrol thmugh r•gular me•th"ngs.
Page 2 Featherstone Rovers Foundation IA Company Umlted by Guarantee and a Reglstered Charftyl Report of the Trustees for the Year Ended 30th November. 2023 Directorn The Directors who s•Thed the company during the y•ar under raviw were.. M T8nnanl-King N Rush C Heinitz M Campbell M Pawson K Taylor L Burrows A Proul I Cushnie Revlew of Actlvltles In the view of the Trustees the Foundation has achieved sutt8ss by continuing lo dovolop our grant partn8r$, and slrenglhing our links to local schools. Significant grants and local partnerships have been gained, and further opportunities are always being explored. Flnan¢Sal Roviow Turnover in the period has been 8ffected due lo a planned temporary senior management absense. This has resulted in reduced funding in the year. howgver thi$ is oxpodod lo recover in th& following year, and the financial position remains 8lrorvJ. Re$¢rvo8 Policy Tho Trustees will aim to maintain a reserves policy of seeking to acuue regerves lo six months lumover.
Page 3 Feath¢rntone Rovers Foundation (A Company Umlted by Guarantee and a Reglstered Charlty) Report of the Trustees for the Year Ended 30th November, 2023 Statement of Directorn. and Trustees. Respon8lblllti Company law requires the directors to Fwepare finCial statements for eath financid yearwhich give a Ir4N* and fair view of the state of affairs of the company al the eThJ of the year and of the IncMe and exp8ndilure for ihe year then ended. Under that law the directors havè elected lo prepare the finand81 ststemenls in accordance with the United Kingdom Generally Accepted Accounting practi Iunited Kingdom A(xounb"ng Standards and Applicable Law) In preparing those financAal statements, lh8 dyeclors are required to sel8cI suitable aecountiTrJ polia•s a8 described hein and thon apply them on a consistent basis. m8knng judgements and estimates that are prudent and reasonable. The directors must also prepare the finanal statements on the going concem basis unless it15 inappropriate lo presum• that the ¢ompany will eontiftue. The directors are responsible ft>r keeping proper ac¢ouniing records wtiich dlsdose 0$Onable accuracy at any lime the finanaal position of the company and lo enable them lo that thè finanaal statements comply wlh the Companies Act 20C6. They are also responsible ft)r safeguarding thè a$sets of the company an(J hence tsking reasonabl& sleps for the FY8ventn and detects'on of fraud and olher irregularili85. K Taylor Duty aulhorised Trustea For and behalf of Featherstone Rovers Foundat 31 st May, 2024
Page 4 Featherstone Rovers Foundallon (A Company Umlted by Guaranteg and a Registerèd Charity) Report of the Accountants to the Members of Featherstone R¢)vers Foundatlon We have helped you compile the financial statements of the charitable CL)mp8ny Featherstone Rovers Foundation on pages 5 to 9 from the accounting records and information and explanations you have given us. This report is mado lo the Chantys board of Trustees, as a boty. in accthance with th8 Companles Act 20C6. Our reporting work has been undertaken so that we might slate to tho ¢hanVs members those mallers we are required lo slal8 lo them in an independent report and for no other purpose. To the fullest extent pemitted by law, we do not accept or assume responsibility lo anyone other than the charity and the charitys mombers as a body, for our r6POrting work, for this report. of for the opinlon we have formed. R03pectlvg rn•pon$lbllltl•8 ol tru$tse8 ind Ind•p•ndent revlewern As described on page 7, the Charitable companys trustees, who are also directors of F8alherstone Rovers Foundation for the purpose of company law. arfr f&spon$ible for the preparation of the aCcunts, and they oonslder the company is exempl from an audit. 11 is our responsi.1 to carry out procedures d&signed lo enable us lo report our opinion. We hav8 Carried out this engagemont in accordance wrth tothnicAI and ethical guldance, and have recognised the ro$pon$ibi1S1i•s and assurances of directors. Ba9 of oplnlon Our work has been Conduct in accordance the Charity SORP 2005, and recommended accounting practice. Our procedures consisted of comparing the accounts wth the available accounting records kept by the company, and making such limited enquines of the offices of th8 wnpany as we considered necessary for thg purpose of this rèport. These procedures provbde the only assurance expressed in our opinion. Oplnlon In our opinion lal The accounts are in agreemont with the accounting rwds kept by the charitable CAimpany In following th8 Companies Act 2CQ6. Having regard onty to, and on the basis of. the inf0Matft contained in those accounting records.. The accounts have been drawn up in a manner consistent wth the accountsng requirements specafied in th8 Act, and the tharilable company satisfies the conditions for exemption from an audit of the accounts for the year specrfied in the Act. and did not, al any time within that ye8f, fall wthin any of the categories of companies not entitled lo the exemption sperified in the Act. Ibl Mark R Cawthom AOuntant 96 Bondgate Ponletract West Yotkshire WF8 2LQ 31st May, 2024
Page 5 F&?thet0ne Rovers Foundation (A Company Llmlted by Guarantee and a Reglstsred Charlty) Statement of Flnanclal Acllvllles and Incomg and Expendlture Account For thg Year Ended 30th Novombfrr. 2023 Note 2023 2022 12 month 12 month Incomlng Resources Incoming re80urces from generated funds Voluntary income and grants Activitie$ for gener81ing funds 80.570 89,480 72,714 76,235 170,050 148,948 Resources Expended Charitable activities Other resoums expended 22.116 24,722 155,040 152,118 177,156 176,840 Net Incomo l Deficit for th8 year -7.107 -27,892 Total funds brought ft)rward 83,986 111,878 Total funds carried forward 76,879 83,986
Page 6 Featherstone Rovers Foundation IA Company Llmlted by Guarantee and a Registered Charity} Balance Shegt as at 30th November. 2023 Note 2023 30111r23 2022 30111122 Fixod Assot8 Plant and Equipment 1.255 1,395 Currnnt Assets Cash at Bank 8nd in Hand Trade Debtors 40,493 52,454 51.973 47.704 92,947 99,677 Llabllltlos Credilor5.' Amounts Falling Due Wrthin One Year 17,323 17,088 75.624 82,591 Net Current Amet8 Total Fund* 76,879 76,879 83,9e6 For the year ended 30 November 2023 the company was entitled lo exemption from aLMJit under section 477 of the Companies Acl 20CE relating lo small companies. Directors, respon$ibilitie$', The m8mb8rs have not required the company to obtain an audit of its aco)unts for the year in question in 8ccordance with section 476. The directors acknowledge their responsibilities for complying with the requiremanls of the Act with respect to accounting records and the preparation of accounts These accounts have been prepared in aC0)rd8n wth the provisions applicabl& to companies subject to th8 small companies, regim&. K Taylor Trustee
Page 7 Feathgrstono Roverg Foundation IA Cornpany Lirnited by Guaranlee and a Registered Charity) Notes FonnFng Part of the Financial Statements For the Year Ended 30th November, 2023 Dlrectors. Responslbllllles The Oireclors of the Featherstono Rovws Fourbjalion al$0 hold the position of trustees of the Foundation and are accountable lo ils momr$ for th& management of tha business and for discharging ils charitsble objeclives. Company Law requires the directors and trustees of the charitable Company to prepare finanaal statements for each financial year lch give 8 Inj8 and fair view of th8 slate of affairs of tho charitable conpany for that period. In preparing the financial statements. the dir8Ctor5 are required to.. - select suitable accounting Folicies and then apply them ¢onsislontly'. - make judgements and estimates that are reasonable and prudent,. and - prepare financial $t818m&nls on th& going cnncem basis unless it is inappropriate to presume that the charitable company will continue in operation. The directors are re8pon8ible for kewng prwr ac£oL.ng records Nthic* dis¢lo$fr wth reasonabl8 accuracy a18ny time th8 financial position of the tharitable mpanY and lo onable them to ensure that the financial slalements comply with the Companies Act 20C6. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and d•18¢tion of fraud 8nd other irregularities. A¢¢ountlng Pollclo8 Ba818 of Accounllng The financial statements are preparéd under historical cost convention, and in accordance with the Companies Act 20C6 and the Statement of Re(Thimended Practice. Accounting by Charities {'Ihe SORP 21])5"1. Incomo Incom8 is accounted ft)r on an acuuals basis. Any lax txedil arising on income received net of tax is accrued as part of income arisirrfJ. No income of the tharity is )Unted for net of expendituro. Expenditurg Exp8ndilure 1$ re¢ognised on acuuals basis. Expendrture is idenlrfied under the main calggorios shown in the financial statements.
Page 8 Fo4thorst¢ne Rovors F¢)und3tion IA Company Llmlted by Guarantee and a Reglstered Charity) Notes Forming Part of the Financial Statements Forthe Year Ended 30th November, 2023 2023 2022 Incomlng Resourc•s Voluntary Incoffle.. Donats'ons Grants 24,905 56.604 A¢tivitb•s for G•n8rat6n9 Funds: Fundraising Evonts 137.843 170,050 148.948 T*xatlon As the chanlabl• company onty un¢Jgrtako8 actsvths rnlatin9 to rts rngistsr8d status rt has no liability to ¢orporAtion tax. Analy$5$ of R•sour¢ EXnded Ch8¢rtable Activth'ès.. Performanc• of Proi8cts and L)onatitin8 S4.892 82,458 $4.892 82,458 Analy81• of Oth•r Costs Support Costs Insuranc68 Intemet Expensès Motor Expenses Promotional Costs Printing, Postage and Stationery Prolossion81 Fe¢s Repairs & Renewa15 Travel Sundries Bank Charges Wages and associated sts Rent and Rates of Office Depreciation 1.168 1.753 1,071 1,578 15.469 11.111 3.695 314 78,031 10,313 155 86,058 4,748 122,285 94,382
Page 9 Featherstone Rovers Foundation IA Company Llmlted by Guarantee and a Reglstered Charity) Notes Fomilng Part of the Flnanclal Statements For tho Year Ended 30th November, 2023 2023 2022 Creditors: Amount8 falllng due wlthln one year; Trade Creditors Accruals 933 16,390 318 16.768 17,323 17.086 Resorves: Funds At 1 December 2022 SurpluslDeficit for the year 111,878 -7.107 111.878 -27,892 At 30 Novèmbar 2023 104,771 83,986 Llablllty of Member• The charitable company r1 having a share capital. the memb8rs' liability is limited to £10 each by the Memorandum of Association. 10 Ulllmat• Control Tho MpanY is under ultimate control of rts dIrtorS.