Company registration number 6299369 (England and Wales) Charity registration number 1121055 (England and Wales)
SOUTH MANCHESTER SPORTS CLUB LIMITED ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025
SOUTH MANCHESTER SPORTS CLUB LIMITED
LEGAL AND ADMINISTRATIVE INFORMATION
| Trustees | Mr J Davis | |
|---|---|---|
| Mr N Collins | ||
| Mr S Kwasnik | (Appointed 26 March 2025) | |
| Country of incorporation | United Kingdom | 6299369 |
| (England and Wales) | ||
| Charity registration | England and Wales | 1121055 |
| Principal address | St Annes Road North | |
| Heald Green | ||
| Cheshire | ||
| SK8 4RZ | ||
| Registered office | 31 Wilmslow Road | |
| Cheadle | ||
| Cheshire | ||
| UK | ||
| SK8 1DR | ||
| Independent examiner | Mr R D Tussie, FCA | |
| 31 Wilmslow Road | ||
| Cheadle | ||
| Cheshire | ||
| UK | ||
| SK8 1DR | ||
| Accountants | Tussies Limited | |
| 31 Wilmslow Road | ||
| Cheadle | ||
| Cheshire | ||
| UK | ||
| SK8 1DR |
SOUTH MANCHESTER SPORTS CLUB LIMITED
CONTENTS
| Page | |
|---|---|
| Trustees' report | 1 |
| Independent examiner's report | 2 |
| Statement of financial activities | 3 |
| Balance sheet | 4 |
| Notes to the financial statements | 5 - 10 |
SOUTH MANCHESTER SPORTS CLUB LIMITED
TRUSTEES' REPORT (INCLUDING DIRECTOR'S REPORT) FOR THE YEAR ENDED 31 JULY 2025
The Trustees present their annual report and financial statements for the year ended 31 July 2025.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the Charity's governing document, the Companies Act 2006 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 2019).
Objectives and activities
Public benefit
The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the Charity should undertake.
Financial review
Reserves policy
It is the policy of the Charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure. The Trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the Charity’s current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year.
Major risks
The Trustees have assessed the major risks to which the Charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.
A provision of £25,000 has been recorded in the accounts as a result of reviewing the risks in relation to the future replacement of the all weather pitch (from which the majority of the charities income derives).
Structure, governance and management
The Trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:
Mr J Davis Mr N Collins Mr R D Tussie (Resigned 22 November 2024) Mr S Kwasnik (Appointed 26 March 2025)
None of the Trustees has any beneficial interest in the company. All of the Trustees are members of the company and guarantee to contribute £1 in the event of a winding up.
The Trustees' report was approved by the Board of Trustees.
Mr J Davis Trustee
21 April 2026
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SOUTH MANCHESTER SPORTS CLUB LIMITED
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF SOUTH MANCHESTER SPORTS CLUB LIMITED
I report to the Trustees on my examination of the financial statements of South Manchester Sports Club Limited (the Charity) for the year ended 31 July 2025.
Responsibilities and basis of report
As the Trustees of the Charity (and also its directors for the purposes of company law), you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006.
Having satisfied myself that the financial statements of the Charity are not required to be audited under Part 16 of the Companies Act 2006 and are eligible for independent examination, I report in respect of my examination of the Charity’s financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011.
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 that in any material respect:
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1 accounting records were not kept in respect of the Charity as required by section 386 of the Companies Act 2006.
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2 the financial statements do not accord with those records; or
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3 the financial statements do not comply with the accounting requirements of section 396 of the Companies Act 2006 other than any requirement that the financial statements give a true and fair view, which is not a matter considered as part of an independent examination; or
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4 the financial statements 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 financial statements 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 financial statements to be reached.
Mr R D Tussie, FCA
31 Wilmslow Road Cheadle Cheshire SK8 1DR UK 21 April 2026
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SOUTH MANCHESTER SPORTS CLUB LIMITED
STATEMENT OF FINANCIAL ACTIVITIES
(INCLUDING INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31 JULY 2025
| Unrestricted | Unrestricted | ||
|---|---|---|---|
| funds | funds | ||
| 2025 | 2024 | ||
| Notes | £ | £ | |
| Income from: | |||
| Bank Interest | 590 | 477 | |
| Pitch Hire | 112,336 | 81,688 | |
| Rental - Padel Court | - | 5,417 | |
| Total income | 112,926 | 87,582 | |
| Expenditure on: | |||
| Charitable activities | 2 | 91,073 | 76,290 |
| Total expenditure | 91,073 | 76,290 | |
| Net income and movement in funds | 21,853 | 11,292 | |
| Reconciliation of funds: | |||
| Fund balances at 1 August 2024 | 1,107,215 | 1,095,923 | |
| Fund balances at 31 July 2025 | 1,129,068 | 1,107,215 |
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
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SOUTH MANCHESTER SPORTS CLUB LIMITED
BALANCE SHEET
AS AT 31 JULY 2025
| Notes Fixed assets Tangible assets 7 Current assets Debtors Cash at bank and in hand Creditors: amounts falling due within one year 9 Net current assets Total assets less current liabilities Creditors: amounts falling due after more than one year 10 Net assets The funds of the Charity Unrestricted funds 11 |
2025 £ £ 1,081,038 264 103,980 104,244 (31,214) 73,030 1,154,068 (25,000) 1,129,068 1,129,068 1,129,068 |
2024 £ £ 1,068,586 624 90,544 91,168 (32,539) 58,629 1,127,215 (20,000) 1,107,215 1,107,215 1,107,215 |
|---|---|---|
The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 July 2025.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the Trustees on 21 April 2026
Mr J Davis Trustee
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SOUTH MANCHESTER SPORTS CLUB LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025
1 Accounting policies
Charity information
South Manchester Sports Club Limited is a private company limited by guarantee incorporated in England and Wales. The registered office is 31 Wilmslow Road, Cheadle, Cheshire, SK8 1DR, UK.
1.1 Basis of preparation
The financial statements have been prepared in accordance with the Charity's governing document, the Companies Act 2006, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "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). The Charity is a Public Benefit Entity as defined by FRS 102.
The Charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows.
The financial statements are prepared in sterling, which is the functional currency of the Charity. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention.
1.2 Going concern
At the time of approving the financial statements, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
Endowment funds are subject to specific conditions by donors that the capital must be maintained by the Charity.
1.4 Income
Income is recognised when the Charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the Charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on receipt or otherwise if the Charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
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SOUTH MANCHESTER SPORTS CLUB LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2025
1 Accounting policies
(Continued)
1.5 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.
Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.
1.6 Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Leasehold land and buildings Nil Fixtures and fittings 25% RB Computers 25% RB All weather pitch 10 years S/L
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.
Derecognition of financial liabilities
Financial liabilities are derecognised when the Charity’s contractual obligations expire or are discharged or cancelled.
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SOUTH MANCHESTER SPORTS CLUB LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2025
2 Expenditure on charitable activities
| Unrestricted | Unrestricted | ||
|---|---|---|---|
| funds | funds | ||
| expenditure | expenditure | ||
| 2025 | 2024 | ||
| £ | £ | ||
| Direct costs | |||
| Staff costs | 28,494 | 26,095 | |
| Depreciation and impairment | 12,400 | 10,634 | |
| Ground maintenance | 4,831 | 1,985 | |
| Rates & water | 3,499 | 3,093 | |
| Light & heat | (4,916) | 3,566 | |
| Repairs & maintenance | 5,298 | 5,863 | |
| Insurance | 3,316 | 3,789 | |
| Cleaning | 3,754 | 627 | |
| Telephone | 451 | 942 | |
| Sundries | 1,458 | 861 | |
| Bank loan interest | 332 | 600 | |
| Bank charges | 91 | 193 | |
| All weather pitch renewal provision | 25,000 | - | |
| Trophies presentation evening | - | 1,643 | |
| Coaching & training fees | 500 | 2,698 | |
| Charitable donations | 882 | 7,370 | |
| Other charitable expenditure | 5,683 | 6,331 | |
| 91,073 | 76,290 | ||
| Analysis by fund | |||
| Unrestricted funds | 91,073 | 76,290 | |
| 3 | Net movement in funds | 2025 | 2024 |
| £ | £ | ||
| The net movement in funds is stated after charging/(crediting): | |||
| Fees payable for the independent examination of the charity's financial | |||
| statements | - | - | |
| Depreciation of owned tangible fixed assets | 12,400 | 10,634 |
4 Trustees
None of the Trustees (or any persons connected with them) received any remuneration or benefits from the Charity during the year.
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SOUTH MANCHESTER SPORTS CLUB LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2025
5 Employees
The average monthly number employees during the year was:1
| Employment costs Wages and salaries |
2025 Number 1 2025 £ 28,494 |
2024 Number 1 |
|---|---|---|
| 2024 £ 26,095 |
There were no employees whose annual remuneration was more than £60,000.
Remuneration of key management personnel
The remuneration of key management personnel was as follows:
6 Taxation
The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.
7 Tangible fixed assets
| Cost At 1 August 2024 Additions At 31 July 2025 Depreciation and impairment At 1 August 2024 Depreciation charged in the year At 31 July 2025 Carrying amount At 31 July 2025 At 31 July 2024 |
Leasehold land and buildings Fixtures and fittings £ £ 1,006,591 4,824 - - 1,006,591 4,824 - 4,289 - 100 - 4,389 1,006,591 435 1,006,591 535 |
Computers £ 17,713 - 17,713 16,344 300 16,644 1,069 1,369 |
All weather pitch £ 100,101 24,852 124,953 40,010 12,000 52,010 72,943 60,091 |
Total £ 1,129,229 24,852 |
|---|---|---|---|---|
| 1,154,081 | ||||
| 60,643 12,400 |
||||
| 73,043 | ||||
| 1,081,038 | ||||
| 1,068,586 |
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SOUTH MANCHESTER SPORTS CLUB LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2025
8 Loans and overdrafts
| Loans and overdrafts | ||
|---|---|---|
| Bank loans Payable after one year |
2025 £ - - |
2024 £ 20,000 |
| 20,000 |
9 Creditors: amounts falling due within one year
| Other taxation and social security Other creditors |
2025 £ 340 30,874 31,214 |
2024 £ 504 32,035 |
|---|---|---|
| 32,539 |
10 Creditors: amounts falling due after more than one year
| Creditors: amounts falling due after more than one year | ||
|---|---|---|
| Notes Bank loans 8 Other creditors |
2025 £ - 25,000 25,000 |
2024 £ 20,000 - |
| 20,000 |
11 Unrestricted funds
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.
| At 1 August | Incoming | Resources | At 31 July | |
|---|---|---|---|---|
| 2024 | resources | expended | 2025 | |
| £ | £ | £ | £ | |
| General funds | 1,107,215 | 112,926 | (91,073) | 1,129,068 |
| Previous year: | At 1 August | Incoming | Resources | At 31 July |
| 2023 | resources | expended | 2024 | |
| £ | £ | £ | £ | |
| General funds | 1,095,923 | 87,582 | (76,290) | 1,107,215 |
12 Related party transactions
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SOUTH MANCHESTER SPORTS CLUB LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2025
12 Related party transactions
(Continued)
Transactions with related parties
During the year the Charity entered into the following transactions with related parties:
At 31.07.2025, the Charity is owed £30,874 (included within other creditors) from South Manchester Football Club (balance at 31.07.2024 £32,035).
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