2025-05-31-accounts - Cfydc (Chance)

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CFYDC (Chance)

Charity number 1121341

A company limited by guarantee number 06242503

Annual Report and Financial Statements

for the year ended 31 May 2025

CFYDC (Chance)

Annual Report and Financial Statements

for the year ended 31 May 2025

Contents	Page
Trustees' report	2 to 5
Examiner's report	6
Statement of financial activities	7
Balance sheet	8
Statement of cash flows	9
Notes to the accounts	10 to 15

Prepared by West Yorkshire Community Accountancy Service CIO

CFYDC (Chance)

Trustees' report for the year ended 31 May 2025

Reference and administrative details of the charity, its trustees and advisors

The trustees during the financial year and up to and including the date the report was approved were: Name Position Dates

David Adams Marina Active Oliver Gill Donna Dyson Ian Lawrence

Ian Lawrence Resigned 6 September 2024 Charity number 1121341 Registered in England and Wales Company number 06242503 Registered in England and Wales

Registered and principal address Bankers Prince Phillip Centre Unity Trust Bank plc Scott Hall Avenue Nine Brindley Place Leeds Birmingham LS7 2HJ B1 2HB

Independent examiner

Simon Bostrom FCIE

West Yorkshire Community Accountancy Service CIO

Stringer House 34 Lupton Street Leeds LS10 2QW

Structure, governance and management

The charity is a company limited by guarantee and was formed on 10 May 2007. The governing documents were amended by special resolution on 21 October 2007. The liability of the members in the event of the company being wound up is limited.

Method of recruitment and appointment of trustees

The trustees of the charity are also the directors for the purposes of company law and are appointed by the members at the AGM.

CFYDC (Chance)

Trustees' report (continued) for the year ended 31 May 2025

Objectives and activities

The charity's objects

To advance the physical education of young people in particular but not exclusively through the game of football; and

The promotion of community participation in healthy recreation in particular by the provision of facilities for the playing of football;

To provide or assist in the provision of the facilities in the interests of social welfare for the recreation or other leisure time occupation of individuals who have need of such facilities by reason of their youth, age, infirmity or disability, financial hardship or social circumstances with the object of improving their conditions of life.

The charity's main activities

l Asset transfer and site security of the Prince Philip Centre progressing, ensuring long term control, stability and sustainability of the organisations core delivery site.
l Capital development and infrastructure to the existing Prince Philip Centre site, securing national capital investment to create a new, purpose built modern facility used as a youth and community hub.
l Strengthen and expand partnerships with local, regional and national agencies to enhance delivery, increase capacity and create improved pathways and opportunities for young people.
l Review and enhance facilities and resources to support increased participation across all programmes. Better accommodate the growing number of girls and young women using our services and expand access to wider non-sporting, educational and developmental opportunities.
l Actively recruit, support and develop a diverse workforce and volunteer base with a focus on increasing female representation, leadership pathways and inclusive practice across all areas of delivery.
l Establish and strengthen partnerships with large commercial organisations and private sector partners to support delivery of their corporate social responsibility objectives, Unlock investment opportunities, Sponsorships and employment pathways. And create meaningful opportunities for young people including skills, mentoring and employment progression.

Public benefit statement

In setting our objectives and planning our activities our Trustees have given serious consideration to the Charity Commission’s general guidance on public benefit.

Achievements and performance

l Engaged with 2,500+ young people across multiple programmes.
l Delivered targeted mentoring and gang intervention work.
l Secured National Lottery funding for violence reduction.
l Supported 50 full time scholarship leaders.
l Reached hundreds through school based mentoring.
l Supported 500+ grassroots football participants.
l Achieved 30% post-season participation growth.

The charity continues to deliver clear public and social impact benefits by reducing the risk factors associated with youth violence and exclusion, strengthening educational engagement, improving health and wellbeing and building a safer, more diverse communities.

CFYDC (Chance)

Trustees' report (continued) for the year ended 31 May 2025

Financial review

The net income for the year was £7,675, including net expenditure of £13,360 on unrestricted funds and net income of £21,035 on restricted funds.

Reserves policy

The charity's total reserves were £215,347, of which £73,834 relates to restricted funds. Within the remaining funds, £83,200 was the value of tangible fixed assets. This leaves a balance of £58,313 free reserves.

The trustees aim to maintain sufficient reserve funds to cover between 3 and 6 months operating expenditure for the purpose of enabling the smooth running of the charity and to enable an orderly winding up should the charity need to close.

The trustees acknowledge the actual reserves are lower than the policy target. We are currently looking at ways to improve that position in the current year.

CFYDC (Chance)

Trustees' report (continued) for the year ended 31 May 2025

Statement of trustees' responsibilities

The trustees (who are also the directors for the purposes of company law) are responsible for preparing the Trustees report and the financial statements in accordance with the applicable law and UK Accounting Standards.

Company law requires the trustees to prepare financial accounts for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for the year. In preparing these financial statements, the trustees are required to:

select suitable accounting policies and apply them consistently;

observe the methods and principles in the Charities SORP;

make judgements and estimates that are reasonable and prudent;

state whether applicable UK accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;

prepare the accounts on a going concern basis unless it is inappropriate to presume that the charitable company will continue in operation.

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

This report has been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (Charities SORP (FRS102)), and in accordance with the special provisions of the Companies Act 2006 relating to small companies.

Approved by the board of trustees on 27/3/2026

David Adams (Trustee)

CFYDC (Chance)

Independent examiner's report to the trustees of CFYDC (Chance)

I report to the charity trustees on my examination of the accounts of the charitable company for the year ended 31 May 2025, which are set out on pages 7 to 15.

Responsibilities and basis of report

As the charity's trustees of the charitable 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 charitable 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 ('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

Since the charitable company's gross income exceeded £250,000 your examiner must be a fellow of a body listed in section 145 of the 2011 Act.

I confirm that I am qualified to undertake the examination because I am a fellow of ACIE which is one of the listed bodies.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

1 accounting records were not kept in respect of the company as required by section 386 of the 2006 Act; or 2 the accounts do not accord with those records; or
3 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
4 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.

Simon Bostrom FCIE

27/3/2026

West Yorkshire Community Accountancy Service CIO

Stringer House 34 Lupton Street Leeds LS10 2QW

CFYDC (Chance)

Statement of Financial Activities

(including summary income and expenditure account) for the year ended 31 May 2025

Notes 2025 Unrestricted funds £ Income from: Donations and legacies (2) 5,427 Charitable activities (3) 379,985 Other trading activities 36,689 Total income 422,101 Expenditure on: Charitable activities (4) 435,461 Total expenditure 435,461 Net income / (expenditure) (13,360) Fund balances brought forward 154,873 Fund balances carried forward (6) 141,513	2025 Restricted funds £ 97,259 - - 97,259 76,224 76,224 21,035 52,799 73,834	2025 Total funds £ 102,686 379,985 36,689 519,360 511,685 511,685 7,675 207,672 215,347	2024 Total funds £ 149,441 268,123 25,272 442,836 464,471 464,471 (21,635) 229,307 207,672

All incoming resources and resources expended derive from continuing activities.

CFYDC (Chance)

Balance sheet

as at 31 May 2025 2025 Unrestricted £ Fixed assets Tangible assets (7) 83,200 Total fixed assets 83,200 Current assets Stock 6,032 Debtors and prepayments (8) 22,087 Cash at bank and in hand (9) 90,321 Total current assets 118,440 Current liabilities: amounts falling due within one year Creditors and accruals (10) 60,127 Total current liabilities 60,127 Net current assets / (liabilities) 58,313 Net assets 141,513 Funds Unrestricted funds 141,513 Restricted funds - Total funds 141,513	2025 Restricted £ - - - 37,638 36,196 73,834 - - 73,834 73,834 - 73,834 73,834	2025 Total £ 83,200 83,200 6,032 59,725 126,517 192,274 60,127 60,127 132,147 215,347 141,513 73,834 215,347	2024 Total £ 92,480 92,480 6,032 37,466 130,069 173,567 58,375 58,375 115,192 207,672 154,873 52,799 207,672

For the year ending 31 May 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 charitable company to obtain an audit of its accounts for the year in question in accordance with section 476. The trustees (who are also the directors for the purposes of company law) 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 and with FRS 102 (effective January 2019).

The financial statements were approved by the board of trustees on 27/3/2026

David Adams (Trustee)

CFYDC (Chance)

Statement of cash flows

for the year ended 31 May 2025

Cash flows from operating activities: Net cash provided by (used in) operating activities Change in cash and cash equivalents in the reporting period Cash and cash equivalents at the beginning of the reporting period Cash and cash equivalents at the end of the reporting period Adjustments for: Depreciation charges (Increase) / decrease in debtors Increase / (decrease) in creditors Net cash provided by (used in) operating activities Analysis of cash and cash equivalents Notice deposits (less than 30 days) Total cash and cash equivalents Reconciliation of net movement in funds to net cash flow from operating activities Net movement in funds for the reporting period (as per the statement of financial activities) Cash in hand	2025 £ (3,552) (3,552) 130,069 126,517 2025 £ 7,675 9,280 (22,259) 1,752 (3,552) 2025 £ 371 126,146 126,517	2024 £ (22,925) (22,925) 152,994 130,069 2024 £ (21,635) 11,257 (18,605) 6,058 (22,925) 2024 £ - 130,069 130,069

CFYDC (Chance)

Notes to the accounts

for the year ended 31 May 2025

1 Accounting policies

Basis of accounting

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by 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) and with the Charities Act 2011.

The charity constitutes a public benefit entity as defined by FRS 102. There has been no change to the accounting policies since last year.

No changes have been made to the accounts for previous years.

Going concern

The trustees are satisfied that there are no material uncertainties about the charity's ability to continue.

Incoming resources

All incoming resources are included in the Statement of Financial Activities (SOFA) when the charity becomes entitled to the resources, if it is more likely than not that the trustees will receive the resources and the monetary value can be measured with sufficient reliability.

Grants and donations

Grants and donations are only included in the SOFA when the charity has unconditional entitlement to the resources.

Where grants are related to performance and specific deliverables, they are accounted for as the charity earns the right to consideration by its performance.

Expenditure and liabilities

Expenditure is recognised on an accrual basis as a liability is incurred. Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out the resources and the amount of the obligation can be measured with reasonable certainty.

Taxation

As a charity the organisation benefits from rates relief and is generally exempt from income tax and capital gains tax but not from VAT. Irrecoverable VAT is included in the cost of those items to which it relates.

Tangible fixed assets

Tangible fixed assets costing more than £1000 are capitalised and included at cost including any incidental expenses of acquisition. Gifted assets are shown at the value to the charity on receipt. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost on a straight line basis over their expected useful economic lives as follows:

Project equipment: over 3 years Motor vehicles: over 5 years Leasehold property: over 25 years

Pensions

The charity operates a defined contribution scheme for the benefit of its employees. The costs of contributions are recognised in the year they are payable.

Fund accounting

Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.

Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.

Further explanation of the nature and purpose of each fund is included in the notes to the accounts.

CFYDC (Chance)

Notes to the accounts continued

for the year ended 31 May 2025

2 Donations and legacies Leeds City Council (LCC) National Lottery Community Fund (NLCF) Park Lane Foundation Wakefield Westgate BARCA Chapeltown Primary Care Network (PCN) Leeds Christian Community Trust Leeds Community Foundation West Yorkshire Combined Authority Other donations 3 Charitable activities income Events Facilities hire Subscriptions Contract and service level agreements 4 Charitable activities expenditure Charitable activities Support costs Support cost type Management and admin salaries Legal and professional Independent examination Office overheads	2025 Unrestricted funds £ - - 500 - - - - - - 4,927 5,427 2025 Unrestricted funds £ 6,431 51,175 94,816 227,563 379,985 Activities undertaken directly £ 419,734 419,734	2025 Restricted funds £ 23,078 29,138 - 26,200 - - - - - 18,843 97,259 2025 Restricted funds £ - Support costs £ 91,951 91,951	2025 Total funds £ 23,078 29,138 500 26,200 - - - - - 23,770 102,686 2025 Total funds £ 6,431 51,175 94,816 227,563 379,985 2025 Total funds £ 511,685 511,685 2024 Total cost £ 58,296 6,680 1,584 25,391 91,951	2024 Total funds £ 79,330 - - - 31,205 11,050 8,800 10,000 1,500 7,556 149,441 2024 Total funds £ 27,896 29,460 68,477 142,290 268,123 2024 Total funds £ 27,896 27,896 2023 Total cost £ 52,432 2,812 1,584 17,212 74,040

CFYDC (Chance)

Notes to the accounts continued

for the year ended 31 May 2025

5 Staff costs and numbers Gross salaries Social security costs Employment allowance Pensions	2025 £ 157,544 7,798 (5,945) 2,056 161,453	2024 £ 142,809 6,600 (4,933) 1,815 146,291

The average number of employees during the year was 11.8, being an average of 6.2 full time equivalent (2024: 11.7, 5.9 FTE). There were no employees with emoluments above £60,000.

Defined contribution pension scheme Costs of the scheme to the charity for the year 6 Restricted funds Balance b/f £ Wakefield Westgate - Let's Eat foodbank 3,022 BARCA 5,459 Wakefield Westgate - Goalposts project 2,880 Early intervention fund 11,961 WYCA 1,196 Mental Health Inequalities 2,514 Wakefield Westgate - NLCF - LCC Sports Camp - LCC Serious youth violence 12,500 U10'S Barcelona Trip - LCC Violence Reduction Unit 12,267 WYP No to knives t-shirts 1,000 52,799	Incoming £ 10,000 11,843 - 1,200 - - - - 15,000 29,138 3,000 - 7,000 20,078 - 97,259	Outgoing £ 10,000 13,137 5,459 100 2,880 15 150 273 3,231 1,000 3,000 2,500 7,000 27,479 - 76,224	2025 £ 2,056 Transfers £ - - - - - - - - - - - - - - - -	2024 £ 1,815 Balance c/f £ - 1,728 - 1,100 - 11,946 1,046 2,241 11,769 28,138 - 10,000 - 4,866 1,000 73,834

Fund name

Wakefield Westgate Let's Eat foodbank BARCA Wakefield Westgate Goalposts project Early intervention fund WYCA Mental Health Inequalities

Wakefield Westgate NLCF LCC Sports Camp LCC Serious youth violence U10'S Barcelona Trip LCC Violence Reduction Unit WYP No to knives t-shirts

Purpose of restriction

Towards G.A.N.G Coaching and mentoring costs.

To buy additional stock/equipment to facilitate/sustain foodbank provision. Towards youth work activities.

Towards the Black Race Action Plan Event.

Funding from the Football Association to buy goalposts.

Community Grant to support the prevention and reduction of youth violence. For gangs parents support project to purchase office equipment/ stationery.

To employ a part-time counsellor / mental health worker to support young people and families.

Towards the Podcast project costs. Gangs work, workshop development and outreach resources. Towards the sports camp costs.

To support consultancy and gangs work. Individual donations towards the Under 10's Barcelona trip. For early intervention, therapeutic and desistence work. To provide campaign t-shirts and media work.

CFYDC (Chance)

Notes to the accounts continued

for the year ended 31 May 2025

7 8 9 10	Tangible assets Cost £ At 1 June 2024 - Additions - At 31 May 2025 - Depreciation At 1 June 2024 - Charge for year - At 31 May 2025 - Net book value At 31 May 2025 - At 31 May 2024 - Debtors and prepayments Accrued income Cash at bank and in hand Cash at bank Cash in hand Creditors and accruals Credit card Accruals Other creditors Class 4	£ 160,000 - 160,000 70,400 6,400 76,800 83,200 89,600 Leasehold property	£ 66,490 - 66,490 63,610 2,880 66,490 - 2,880 Project equipment	£ 50,000 - 50,000 50,000 - 50,000 - - 2025 £ 59,725 59,725 2025 £ 126,146 371 126,517 2025 £ 3,912 6,215 50,000 60,127 Motor vehicles	Total £ 276,490 - 276,490 184,010 9,280 193,290 83,200 92,480 2024 £ 37,466 37,466 2024 £ 130,069 - 130,069 2024 £ 984 7,391 50,000 58,375

11 Related party transactions

Trustee expenses

No trustee received any expenses during this year or the previous year.

Trustee remuneration and benefits

No trustee received any remuneration or benefit during this or the previous year.

Remuneration and benefits received by key management personnel

The total employee benefits received by key management personnel were £58,296 (previous year: £52,432).

CFYDC (Chance)

Statement of Financial Activities

Notes to the accounts continued

for the year ended 31 May 2025

12 Detailed analysis of expenditure 2025 Unrestricted funds £ Salaries, NICs and pensions 120,240 Payroll charges 2,278 Freelance and sessional workers 58,807 Materials and equipment 14,640 Activity costs including pitch hire 102,653 Staff and volunteer training 2,097 Phone, internet and postage 6,874 Office and administration 5,855 Travel 28,574 Repairs and maintenance 16,452 Minibus running costs 4,394 General insurance 2,235 Independent examination 1,268 Bank charges 2,659 Depreciation 9,280 Utilities 10,370 Advertising and publicity 323 Room hire 14,967 Legal and professional 4,628 Sponsorship and donations 3,513 Canteen purchases 21,738 IT costs 1,616 Foodbank purchases - Total expenditure 435,461	2025 Restricted funds £ 41,213 - 5,030 5,586 8,867 15 - 772 5,207 2,916 93 - 316 - - - 288 - 1,800 2,050 940 100 1,031 76,224	2025 Total funds £ 161,453 2,278 63,837 20,226 111,520 2,112 6,874 6,627 33,781 19,368 4,487 2,235 1,584 2,659 9,280 10,370 611 14,967 6,428 5,563 22,678 1,716 1,031 511,685	2024 Total funds £ 146,291 2,080 62,368 39,183 82,305 965 4,740 2,819 20,834 20,655 4,780 3,430 1,584 1,808 11,257 6,420 2,060 7,063 480 3,948 28,544 1,617 9,240 464,471

13 Land and buildings held as a custodian trustee

During the year, the charity entered into an agreement with Bracken Edge Football Ground Limited.

Legal title to the land and buildings at Bracken Edge Leeds was transferred to the charity to be held in trust as a custodian for Bracken Edge Football Ground Limited. The charity has an obligation under the terms of the agreement to sell the land. Proceeds from that sale will be available to the charity to develop a new football ground for the shared use of the charity and Yorkshire Amateurs Football Club. The charity will also secure match funding for this work. Any resulting proceeds will be paid over to Bracken Edge Football Ground Limited.

CFYDC (Chance)

Statement of Financial Activities including comparatives for all funds (including summary income and expenditure account) for the year ended 31 May 2025

2025 2024 Unrestricted Unrestricted funds funds £ £ Income Donations and legacies 5,427 9,893 Charitable activities 379,985 268,123 Other trading activities 36,689 25,272 Total income 422,101 303,288 Expenditure Salaries, NICs and pensions 435,461 334,039 Total expenditure 435,461 334,039 Net income / (expenditure) (13,360) (30,751) Fund balances brought forward 154,873 185,624 Fund balances carried forward 141,513 154,873	2025 Restricted funds £ 97,259 - - 97,259 76,224 76,224 21,035 52,799 73,834	2024 Restricted funds £ 139,548 - - 139,548 130,432 130,432 9,116 43,683 52,799	2025 Total funds £ 102,686 379,985 36,689 519,360 511,685 511,685 7,675 207,672 215,347	2024 Total funds £ 149,441 268,123 25,272 442,836 464,471 464,471 (21,635) 229,307 207,672