## 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**
1
## 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.
2
## 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.
3
## 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.
4
## 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)
5
## 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
6
## 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.
7
## 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)
8
## 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|
|---|---|---|
9
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.
10
## 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|
|---|---|---|---|---|
11
## 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.
12
## 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).
13
## 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.
14
## 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|
|---|---|---|---|---|
15