Company registration number: 05730024 Charity registration number: 1120272
OMONIA YOUTH (UK) LIMITED TRUSTEES' REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
Omonia Youth (UK) Limited Contents
| Page | |
|---|---|
| Trustees' Report | 1—2 |
| Independent Examiner's Report | 3 |
| Statement of Financial Activities (including Income and Expenditure Account) | 4 |
| Balance Sheet | 5 |
| Notes to the Financial Statements | 6—8 |
| The following pages do not form part of the statutory accounts: | |
| Detailed Statement of Financial Activities (including Income and Expenditure Account) | 9—10 |
Omonia Youth (UK) Limited Company No. 05730024 Trustees' Report For The Year Ended 30 June 2025
The trustees present their report and the financial statements for the year ended 30 June 2025.
Reference and Administrative Details
Trustees
Mr Antonagis Antoniou Mr Andreas Charalambous Mr Kypros Kyprianou Mr John Matjilla (appointed 18/10/2024) Mr Demetrios Shiamishis Mr Michael Pieri (resigned 18/10/2024)
Charity Number
1120272
Company Number
05730024
Independent Examiner
Michael Omiros ACCA Michael Omiros ACCA Woodgate House 2-8 Games Road Cockfosters EN4 9HN
Page 1
Omonia Youth (UK) Limited Trustees' Report (continued) For The Year Ended 30 June 2025
Small Company Rules
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
The trustees' report was approved by the board of trustees and signed on its behalf by:
Date
Page 2
Omonia Youth (UK) Limited Independent Examiner's Report to the Trustees of Omonia Youth (UK) Limited For The Year Ended 30 June 2025
I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 June 2025.
Responsibilities and Basis of Report
As the charity trustees of the Company (and also its directors for the purposes of company law), you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (“the 2006 Act”).
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
Independent Examiner's Statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination; or
-
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
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.
Michael Omiros ACCA Date Woodgate House 2-8 Games Road Cockfosters EN4 9HN
Page 3
Omonia Youth (UK) Limited Statement of Financial Activities (including Income and Expenditure Account) For The Year Ended 30 June 2025
| Notes INCOME AND ENDOWMENTS FROM: Donations and legacies 3 Charitable activities: Activities of sports club Other trading activities 4 Investments 5 EXPENDITURE ON: Charitable activities: 6 Activities of sports club NET INCOME NET MOVEMENT IN FUNDS RECONCILIATION OF FUNDS: Total funds brought forward TOTAL FUNDS CARRIED FORWARD 11 |
2025 Unrestricted funds £ 33,728 191,914 11,610 2,140 |
2024 Unrestricted funds £ 550 133,217 4,589 - |
|---|---|---|
| 239,392 | 138,356 | |
| (220,419) | (118,082) | |
| 18,973 | 20,274 | |
| 18,973 161,435 |
20,274 141,161 |
|
| 180,408 | 161,435 |
The notes on pages 6 to 8 form part of these financial statements.
Page 4
Omonia Youth (UK) Limited Balance Sheet As At 30 June 2025
| Notes FIXED ASSETS CURRENT ASSETS Cash at bank and in hand Creditors: Amounts Falling Due Within One Year 10 NET CURRENT ASSETS (LIABILITIES) TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS OF THE CHARITY Unrestricted Funds TOTAL FUNDS 11 |
2025 Unrestricted funds £ |
2024 Total funds £ |
|---|---|---|
| 221,331 | 191,020 | |
| 221,331 (40,923) |
191,020 (29,585) |
|
| 180,408 | 161,435 | |
| 180,408 | 161,435 | |
| 180,408 | 161,435 | |
| 180,408 | 161,435 | |
| 180,408 | 161,435 |
For the year ending 30 June 2025 the charitable company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
On behalf of the board
Date
The notes on pages 6 to 8 form part of these financial statements.
Page 5
Omonia Youth (UK) Limited Notes to the Financial Statements For The Year Ended 30 June 2025
1. General Information
Omonia Youth (UK) Limited is a company limited by guarantee, incorporated in England & Wales, registered number 05730024 and registered charity number 1120272. The registered office is .
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared in accordance with the Charities SORP (FRS 102) "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)", Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
The charitable company is a Public Benefit Entity as defined by FRS 102.
2.2. Incoming Resources
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
2.4. Cash and Cash Equivalents
Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.
3. Income from Donations and Legacies
| Donations and gifts Member subscriptions and sponsorships |
2025 Unrestricted funds £ 21,228 12,500 |
2024 Unrestricted funds £ 550 - |
|---|---|---|
| 33,728 | 550 |
4. Income from Other Trading Activities
| . Income from Other Trading Activities |
||
|---|---|---|
| 2025 | 2024 | |
| Unrestricted | Unrestricted | |
| funds | funds | |
| £ | £ | |
| Fundraising events | 11,610 | 4,589 |
5. Investment Income
| . Investment Income |
||
|---|---|---|
| 2025 | 2024 | |
| Unrestricted | Unrestricted | |
| funds | funds | |
| £ | £ | |
| Bank interest receivable | 2,140 | - |
Page 6
Omonia Youth (UK) Limited Notes to the Financial Statements (continued) For The Year Ended 30 June 2025
| 6. Analysis of Expenditure Activities of sports club Activities of sports club 7. Support Costs General administration General administration 8. Average Number of Employees Average number of employees during the year was: NIL (2024: NIL) 9. Tangible Assets Cost As at 1 July 2024 As at 30 June 2025 Depreciation As at 1 July 2024 As at 30 June 2025 Net Book Value As at 30 June 2025 As at 1 July 2024 |
Activities undertaken directly £ 195,349 |
Support costs (see note 7) £ 25,070 |
2025 Total £ 220,419 |
|---|---|---|---|
| Activities undertaken directly £ 107,505 |
Support costs (see note 7) £ 10,577 |
2024 Total £ 118,082 |
|
| 2025 Activities of sports club £ 25,070 |
|||
| 2024 Activities of sports club £ 10,577 |
|||
| Plant & Machinery £ 4,484 |
|||
| 4,484 | |||
| 4,484 | |||
| 4,484 | |||
| - | |||
| - |
Page 7
Omonia Youth (UK) Limited Notes to the Financial Statements (continued) For The Year Ended 30 June 2025
10. Creditors: Amounts Falling Due Within One Year
| Accruals and deferred income 11. Movement in Funds Unrestricted funds General: General unrestricted fund Total funds Unrestricted funds General: General unrestricted fund Total funds |
As at 1 July 2024 £ 161,435 |
Income £ 239,392 |
2025 £ 40,923 Expenditure £ (220,419) |
2024 £ 29,585 |
|
|---|---|---|---|---|---|
| As at 30 June 2025 £ 180,408 |
|||||
| 161,435 | 239,392 | (220,419) | 180,408 | ||
| As at 1 July 2023 £ 141,161 |
Income £ 138,356 |
Expenditure £ (118,082) |
As at 30 June 2024 £ 161,435 |
||
| 141,161 | 138,356 | (118,082) | 161,435 |
12. Transactions with Trustees
None of the trustees received any remuneration or any other benefits from an employment with the charity or a related entity during the current or previous year.
No trustee expenses have been incurred.
13. Related Party Disclosures
There were no related party transactions for the year ended 30 June 2025.
14. Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
Page 8
Omonia Youth (UK) Limited Detailed Statement of Financial Activities (including Income and Expenditure Account) For The Year Ended 30 June 2025
| INCOME AND ENDOWMENTS FROM: Donations and legacies Donations and gifts Funding Sponsorships Charitable Activities: Activities of sports club Tournaments Registration fees Dinner and dance Other income Other trading activities Fundraising Investments Bank interest receivable EXPENDITURE ON: Charitable Activities: Activities of sports club Match day facilities Facilities Training facilities Kits and equipment League fees WFL Fines Tournament fees Registration costs Dinner and dance costs Expenses reimbursement Other fundraising costs Coach hire Computer and IT consumables Repairs, renewals and maintenance Insurance Printing, postage and stationery Trophies Telecommunications and data costs |
2025 Total funds £ 20,427 801 12,500 |
2024 Total funds £ - 550 - 550 12,591 120,626 - - 133,217 4,589 4,589 - - 138,356 (14,352) (36,487) (29,473) (10,530) (2,030) (2,817) (7,508) (3,913) - - (395) (1,695) (373) (410) (267) (141) (5,702) (389) ...CONTINUED |
|---|---|---|
| 33,728 5,533 157,352 26,910 2,119 |
||
| 191,914 11,610 |
||
| 11,610 2,140 |
||
| 2,140 | ||
| 239,392 (18,725) (33,855) (35,548) (55,332) (3,120) (4,447) (728) (928) (12,945) (29,721) - (5,403) (479) - - - (6,149) (864) |
Page 9
Omonia Youth (UK) Limited Detailed Statement of Financial Activities (including Income and Expenditure Account) (continued) For The Year Ended 30 June 2025
| Bank charges Card charges Sundry expenses NET INCOME |
(360) (6,789) (5,026) |
(360) (1,187) (53) |
|---|---|---|
| (220,419) | (118,082) | |
| (220,419) | (118,082) | |
| 18,973 | 20,274 |
Page 10