2024-06-30-accounts - Chettle Court Rangers (Youth) Football Club (Ccrfc)

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Chettle Court Rangers (Youth) Football Club (CCRFC)

Company and Charity Registered

Financial Statements

For the year ended

30[th] June 2024

Company number: 6289070 (England and Wales) Charity number : 1120661

Chettle Court Rangers (Youth) Football Club (CCRFC)

Year Ended 30[th] June 2024

Company registration number: 6289070 Charity registration number: 1120661

Principal address:

Flat 6 Chettle Court Ridge Road Hornsey London N8 9NU

Directors and Committee Members:

Mr Ricardo Mfuka: Chair Miss Florence David: Trustee Ms Stella Whitbread: Trustee Mr Richard Matey Opoku: Treasurer

Governing document

Chettle Court Rangers Youth FC is governed by its memorandum and articles of association.

Bankers:

Lloyd TSB Silver Street Branch Enfield

Accountant:

TACTS Accountant 61 Fountains Crescent London, N14 6BD

Chettle Court Rangers (Youth) Football Club (CCRFC)

Year Ended 30[th] June 2024

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CONTENTS
Director’s and Trustee’s Report Page 4 - 6
Independent Examination Page 7
Statement of Financial Activities Page 8
Balance Sheet Page 9
Notes to the account Page 10-12
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Chettle Court Rangers (Youth) Football Club (CCRFC) Year Ended 30[th] June 2024

Directors’ and Trustees’ Report

The trustees are pleased to present their annual directors’ report for the year ending 30[th] June 2024 which are also prepared to meet the requirements for a directors’ report and accounts for Companies Act purposes.

The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, and 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 2015)

Principle objects and activities

Chettle Court Rangers FC seeks to encourage disadvantaged children from the underserved communities in the Haringey Borough area to live healthy, well-adjusted lives by providing a safe and structured environment for free play in sport, starting with Football as the main entry point but also working with the Children's &Young People on a whole range of personal development issues.

Chettle Court Rangers (Youth) FC's provides three main activities. Firstly, it provides afterschool football coaching. This often leads to the Children's &Young People playing in leagues local, regionally and nationally. Secondly, we provide health related workshops. This weekly workshop enables our Children's &Young People to gain a better understanding about healthy living and includes areas such as how to eat a balanced to how to build sporting activities into their lifestyles. Thirdly, we provide personal development and one to one support to assist and enable our Children &Young People to develop as healthy, well-adjusted responsible citizens.

Public Benefit

The Trustees confirm that they have complied with their duty under the Charities Act 2011 to have due regard to the Charity Commission's general guidance on public benefit.

Risk management

The trustees have a risk management strategy which comprises:

● an annual review of the principal risks and uncertainties that the charity undertakes.

● the establishment of policies, systems and procedures to mitigate those risks identified in the annual review; and

● the implementation of procedures designed to minimise or manage any potential impact on the charity should those risks materialise.

The Trustees constantly review risks relevant to the charity. Any risks identified are reported to the Trustees and decisions made on how to minimise risk.

Financial Review

CCRFC main funding sources are unrestricted donations and voluntary contributions.

Reserves policy and going concern

The Board has assessed the charity’s requirements for reserves in the light of the main risks to the organisation. As a result, the Board has approved a policy whereby the unrestricted funds not committed, should be held in reserve and maintained at a level which ensures that CCRFC’s core activity could continue during a period of unforeseen difficulty. The target reserve amount represents at least 6 months’ (26 weeks) expenditure and will be reviewed annually.

Governance, Structure and Management

The overall management of finance is the responsibility of all the Trustees who form the Management Committee who meets regularly to oversee the running of the charity.

Achievements

Our services this year are coming back to normal after the pandemic. We have tried to be resilient in keeping the organisation afloat. We expect the organisation to get back to normal as the country is coming out of the pandemic as restrictions have been lifted. We will be active in supporting young people whose lives been affected by the pressure and stress in being forced to stay indoors. They are all now preparing to get involved again in keeping fit and learn how to play football.

The organisation has received donations and voluntary contributions from members with which we were able to attract a number of young people from the disadvantage community with low income to attend our training sessions. This was reflected in the increase in the number of young people joining our team who took parts in tournaments and an increased number of young people aged 7 to 9 years old training with us through this project.

The young people who joined us for the first time were introduced in a way that made them feel comfortable which has helped them integrated in the team very well. The new young people have continued attending our sessions and mentioned they are enjoying themselves which has increased their self-esteem, confidence and hence has been able to express their talent.

Through our sessions we have also raised awareness of the importance of education, obey rules and behaving well in the community. Some parents have mentioned to us that they have seen changes in the behaviour of their children at home and how they are taking their education more seriously and obeying rules and do not get involved with influential gang culture.

The aim of the project is for young people to explore other cultures through creative, informal way. Young people are actively involved in all the stages of the project from the initial idea, preparation of the proposal, promotion, running the project and its evaluation.

The project is contributing to the promotion of social and personal development of the participants as they are gaining skills that will help them in their future: learn project management, budget planning, time managing, they are exploring different culture, socialise with others and increase their self confidence through creative movement.

We were delighted to receive very positive word-of-mouth feedback from our beneficiaries following our sessions.

We are very thankful to our active and committed volunteers who have made a substantial contribution to our administration.

Related parties and co-operation with other organisations

None of our trustees receive remuneration or other benefit from their work with the charity. Any connection between a trustee or senior manager of the charity with its members must be disclosed to the full board of trustees in the same way as any other contractual relationship with a related party. In the current year no such related party transactions were reported.

Our volunteers

CCRFC is very involved in the community and relies on voluntary help. Around 4 volunteers assist with our on-going activities. We want to thank our volunteers for their loyal support and contribution.

Statement of Directors’ and Trustees’ Responsibilities

The Companies Act 2006 requires the directors to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. The directors are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the company. Charity trustees are the people who serve on the governing body of a charity. They may be known as trustees, directors, board members, governors or committee members. The principles and main duties are the same in all cases. Trustees have, and must accept, ultimate responsibility for directing the affairs of a charity, and ensuring that it is solvent, well-run, and meeting the needs for which it has been set up.

Future plans

In 2024-25 we plan to continue our main social cohesion and personal development project for the young disadvantaged people from the BME communities in Sports. We are also actively recruiting trustees and volunteers to strengthen our management and administration. We will build our capacity before taking on any new projects. We will fundraise to tackle youth crime and gang culture in the area though our project activities.

We have applied an unsecured government-backed loan which we intend to pay back within 1 year, just to cover emergency cost and activities during the pandemic. This was considered low risk as it has flexibility in its payment terms.

We would like to thank all our Board Members, Staff, volunteers and all our service users who have given their energy and commitment to achieve CCRFC objectives. We would also like to thank our funders for their support.

Signed on behalf of all directors and trustees

R Mfuka

Chair and Director 03/04/2025

Independent examiner’s report to the trustees of Chettle Court Rangers (Youth) Football Club

I report on the accounts of the company for the year ended 30[th] June 2024, which are set out on pages 8 to 12.

Respective responsibilities of trustees and examiner

The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. The charity’s gross income exceeded £25,000 and I am qualified to undertake the examination by being a qualified member of the Association of Chartered Certified Accountants.

It is my responsibility to:

examine the accounts under section 145 of the Charities Act,
to follow the procedures laid down in the general Directions given by
the Charity Commission (under section 145(5)(b) of the Charities Act, and • to state whether particular matters have come to my attention.

Basis of independent examiner’s statement

My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.

Independent examiner's statement

In connection with my examination, no matter has come to my attention to indicate that:

accounting records have not been kept in accordance with section 386 of
the Companies Act 2006;
the accounts do not accord with such records:

• where accounts are prepared on an accruals basis, whether they fail to comply with relevant accounting requirements under section 396 of the Companies Act 2006, or are not consistent with the Charities SORP (FRS102)

any matter which the examiner believes should be drawn to the attention of
the reader to gain a proper understanding of the accounts.

Date: 03/04/2025

Chartered Certified Accountant

TACTS Accountant, 61 Fountains Crescent, London, N14 6BD

Chettle Court Rangers (Youth) Football Club (CCRFC)


Statement of Financial Activities For the Year		End 30th June			2024
INCOMING RESOURCES Donations & Voluntary Contributions TOTAL INCOMING RESOURCES RESOURCES EXPENDED Charitable Activities (note 15) TOTAL RESOURCES EXPENDED Net incomings and (outgoings) TOTAL FUNDS CARRIED FORWARD TOTAL FUNDS AT 30TH JUNE 2024	Unrestricted Funds £ 31,471 31,471 27,519 27,519 3,952 (11,934) (7,981)	Restricted Funds £ - - - - - - -		Total Funds 2024 £ 31,471		Total Funds 2023 £ 27,448

				31,471		27,448
				27,519		23,459
				27,519		23,459

				3,952		3,989

			(11,934) (15,923)

			(7,981) (11,934)

There were no recognised gains or losses for the above period other than those shown in the statement of financial activities for the above financial year. All incoming resources and resources expended are derived from continuing activities.

(The notes attached form parts of this financial statement)

Chettle Court Rangers (Youth) Football Club (CCRFC) BALANCE SHEET AT 30TH JUNE 2024

Notes Fixed Assets Current Assets Cash at Bank and in Hand Current Liabilities *Creditors: Falling due within one year* Other Creditors (13) *Creditors: Falling due within one year* Government-Backed unsecured loan (13) Net Assets As Represented By: Unrestricted Fund Restricted fund Total Funds	2024 £ 86 400 7,667 (7,981) (7,981) - (7,981)	2023 £ 183 450 11,667
		(11,934)
		(11,934) -
		(11,934)

The directors are satisfied that the company is entitled to exemption from the provisions of the Companies Act 2006 (the Act) relating to the audit of the financial statements for the year by virtue of section 477, and that no member or members have requested an audit pursuant to section 476 of the Act.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime.

The accounts were approved by the Directors and Trustees on 03/04/2025 and signed on their behalf by: -

…………………….........

Mr R Mfuka (Chair and Director)

Chettle Court Rangers (Youth) Football Club (CCRFC)

Year Ended 30[th] June 2024

Notes to the accounts

1. Accounting policies

The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:

a) Basis of preparation

The financial statements have been prepared in accordance with 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 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. CCRFC meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).

b) Reconciliation with previous Generally Accepted Accounting Practice

In preparing the accounts, the trustees have considered whether in applying the accounting policies required by FRS 102 and the Charities SORP FRS 102 the restatement of comparative items was required. At the date of transition in applying the requirement to recognise liabilities arising, no restatements were required. In accordance with the requirements of FRS 102 a reconciliation of opening balances is provided.

2. Cash Flow Statement

The trustees have taken advantage of the exemption in Financial Reporting Standard No 1 (revised) from including a cash flow statement in the financial statements on the grounds that the charity is small.

3. Income

Income is recognised in the period to which it relates, unless specified otherwise by the funder. Project funding is, in general, repayable if not expended within the relevant project. Such income is only recognised to the extent that it ceases to be repayable. The income is accounted for on a receivable basis.

4. Resource Expended

Resources expended are included in the Statement of Financial Activities inclusive of VAT, which cannot be recovered. Direct charitable expenditure include includes the direct costs of the activities. Where such costs relate to more than one functional cost category, they have been apportioned in line with the direct costs of the relevant service.

5. Taxation

CCRFC is a registered charity and is not liable for corporation tax on its income under section 505 of the Income and Corporation Taxes Act 1988 to the extent that it is applied to its charitable activities.

6. Fund Accounting

Fund accounting unrestricted funds are available to spend on activities that further any of the purposes of charity. The organisation has no designated and restricted in this financial year.

7. Support Cost

Allocation of support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include back-office costs, finance, personnel, and governance costs which support the Charity activities. These costs have been allocated between cost of raising funds and expenditure on charitable activities. The bases on which support costs have been allocated are set out in note 16.

8 . Pension costs and other post-retirement benefits

The Charity does not operate a pension scheme.

9. Staff Cost

The organisation has no paid staff on payroll. Trustees are not remunerated.

10. Tangible fixed assets

The company has no fixed assets to be depreciated. It was estimated that all equipment purchased have a low scrap value after first use and hence was decided not to be depreciated by the directors.

11. Status

CCRFC is a registered charity and registered company limited by guarantee.

12. The organisation has no debtors

13. Creditors & Accruals

3. Creditors & Accruals
Long term: Government-Backed Unsecured Loan Accruals: Professional fees Total	2024 £ 7,667 400 8,067	2023 £ 11,667 450
		12,117

14. Analysis of Restricted Fund

The organisation did not have any restricted fund is this year.

15. Charitable Activities

	Unrestricted	Restricted		Total		Total
	Funds	Funds	Funds		Funds
				2024		2023
	£	£		£		£
Charitable Activities
League Fees and Affiliations	612	-		612		734
Public Liability Insurance	10	-		10		10
Tournament and Match registrations	1,835	-		1,835		1,655
Staff & Coach Training	250	-		250		250
Fines	175	-		175		160
CRB	145	-		145		165
Referee	959	-		959		856
Pitch hire	9,841	-		9,841		8,241
Football Kit & Training Equipment	2,855	-		2,855		2,483
In Kind Direct Equipment	774	-		774		457
Football Coaching	4,543	-		4,543		3,664
Refreshments	817	-		817		736
Professional fees	400	-		400		450
General running expenses	1,879	-		1,879		1,416
Transport	1,163	-		1,163		1,048
Volunteers’expenses	1,260	-		1,260		1,135

TOTAL RESOURCES EXPENDED	27,519	-	27,519			23,459

16. Support and Governance

Public Liability Insurance Professional fees General running expenses	General Support Governance Total £ £ £ - 10 10 - 400 400 1,533 346 1,879
	1,533 756 2,289