ROCHDALE AFC FOOTBALL IN THE COMMUNITY TRUST (A COMPANY LIMITED BY GUARANTEE) Report and Flnancial Statements Year Ended 31 Dttember 2022 Charity No. 1121850 Company No. 06394327 "ACCZR9YB* 2W0912023 COMPANIES HOUSE
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CONTENTS Page Report of the Trustees Itjdependent Examiner's Report Siatemenl of Financial Activities tn¢ome and Expendittwe Account Balance Sheet Notes to the Accounts 10-13
ROCHD.4LE AFC FOOTBALL IN THE COMMUNITY TRUST REPORT OF THE TRUSTEES AND BOARD OF DIRECTORS FOR THE YEAR ENDED 31 DECEfvIBER 2022 The trustees. who are 21so directors of the charity for rhe PUSeS of the Companie5 Act. submit iheir report and the financial staiemen¢s for the year ended 31 December 2022. The trusttt5 have adopted the provisions of the Statement of Recommended Praetice (SORP)"Accounting 8nd Reponino by Chariiies" (FRS102) in preparing the report and fuJaDcial staents of the chariry. REFERENCE AND ADlblP41STRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS Status The organi5ation is a Tegist¢red ¢barity and limiied compny. Chariry registratson number. 1121850 Cotnpatty registratlOD number.. 06394327 ReE15tered Offite and Operatlon Addr¢5S Spotlalld Siadium. Wilbtstis Lane. Rochdale. OLI15DR TrnsteES #nd Board of Dirtttors The direcioT5 of tbe cbaritable company are 115 trustees for the Pose$ of ¢barity13w. The miste¢s who have seryed duriDg the y¢ar atkd since the year end wffe as follows: M. Boad C. Duckworth S. Gauge S. Hill C. Hopkn"ns J. Howorth-Kin8 A.. Pockney rlins (app)inted 16112Q022) A Ul Haq (appointed 0410412022) S Griffiths (resigned 3011112022) M Zardfat (resigned 1611212022) STRUCTURE. GOVERNANCE AND MANAGEMENT Governing Document The company is governed by its Memorandum attd Articles of A5$0Ciatioth. Cott$tititi•n and Organimtional Structsre The organisalion is a cbarilabk cornpaDy limiitd by guaraDiee attd opera$ under the dire¢tion of a minimum of three tntsttts. Trustecs arc appointed on the basi5 of the professional an(Uor personal skn.lls they a able lo offer the work of tbt charity. OBJECTtVE& ACTIVITtES AND PUBLIC BENEFrr The Memorandum ofA550ciation 5tat¢s thai Ibe charity's obiccts are:. "for ihe b¢nefit of the public generolly and. in parti¢ular. the inhabitants olRochdale. Greater Manchester and their Surrounding aiea$'. 10 promote communiry parti¢ipation in healthy recreation by providLn8 facilities for the playing of association football and oiher sports capabl¢ of improving health. lo provide and assisr in providing facilities for sport. recreation or other leisure lime OCCWbon of such persons who have nred for such facililies by rea50n of their youth. age, infjrrnity Of disablemcnt. poverty or Social and ¢conomi¢ circumsiao¢e$ or for lh¢ public al large in the inlertsts of social welfare and with the ¢*ject Df improving their conditions of life. and 10 advance the cduraiion of children atid young people through such rneans a5 the trustees think fil in accordance with the jaw of clw"iry"
ROCHDALE AFC FOOTBALL IN THE COMMUNITY TRUST REPORT OF THE TRUSTEES AND BOARD OF DIRECTORS FOR THE YEAR ENDED 31 DECEfvIBER 2022 The charity's PTincipal activiry is the deliveran¢e of programmes in football. sport. healih and cducation. The mfeeS confirm thai ihey have referred to the guidance contained in the Charity Commission¢r'$ 8¢neral guidanee th) public benefit when reviewing the charity'5 ainls at)d objective$. ACHIEVEMENTS AND PERFORMANCE Page 7 gives a detailed breakdown of in¢omitig resowces and how thesè resources are expended. RESERVES POLICY The chariry's policy is io hold 6 moDths of sums ill reserycs in order w m¢et 3nti¢ipated fvturc expetsdiDJre. SMALL c0TrIPy PROVISIONS This report has been prepared hiving tsken adv8nta8e of the Small Companies Exemption in the Companies Aci 2006. Approved by the Trustees and Board of DectOrS and signed on its behalf by.." DIRECTOR Dale.. F. 20Z}
INDEPENDETr EXAMtNER'S REPORT TO THE TRUSTEES OF ROCHDALE AFC FOOTBALL IP4 THE COMMUNITY TRUST l Teport to the charity tru51ees on my examination of the accounts of tbe company for the year ended 31 Decernber 2022 which are set out on pages 6 to 13. Responslbultles and bas1$ ofreport As the chayiiy tru51cts of the company (and also its directors for the pUoSeS of company law) you are responsible for the prepar*ion of the a¢counts in accorda¢ with the requirements of the Companies A¢t 2(K)61'th¢ 20[ Act,). Having sa115fied myself Ihat ihe ac¢ounis of the ¢ompally are noi required lo be audited UDder Part 16 ofthe 2006 Act and are eligible for irtdepetideni examittation. I report in respect ofmy exatntnation of your ¢ompany'$ accounts as COled out under se¢!ion 145 of the Cbarit2es Act 201 I I'ihe 201 l Act,). in caThyinB out my exaD)inaiion I have followed tbe Direeiions 8iven by the Charity Commission under se¢iion 145(5)(b) of the 2011 Act. Independent eiaminer'5 5txteJDent ince the comydny's gr055 Income txcetded £250,CKK) your examiner must be a meTnber of a body I1¢d in sectiott 145 of the 2011 Act. I confjrn) that l am qualified to undenake the examination because l arn a member of the Institute of Chartered Accountants in Englattd and Wales (ICAEW). which is OTJC of the listed bcdies. I have Completed my exominatton. I conflrtn that no rnatte have rne w my anention in Connection with the examination 8ivin8 me ChU5e to believe that in any tDaterial rewt.. accounting records were not kept in respect of tb¢ nnY a5 required by section 386 of the" 20Q6 Acr: or th¢ a¢couDts do not a¢wrd with those records., or the accounts do oot comply with ihe accountin8 requirernents of section 396 of the 2(X)6 Ad other than any Tequirement rhat the accounts give a'true and fair view. which is not a matter considered a5 part of an independeni ex&minarioft' OT the accounts have not bttn prepared in accordance with the methods and principles of the Siat¢m¢nt of Recommended Practice for accounting and rEPOrtin8 by charities applicable to charities preparing their accounts in 8c¢ordartce with the Financial R¢porting Standard applicable in the UK and Republic of Ireland IFRS 102). I have no con¢¢rn5 aDd have come a¢ross no oiher mailers in ¢onDectioD with the exami[1]0 to which attentton should be drawn in this rep)n in order io enable a proper understandin8 of the accounts to be reached. Signed.. fvtichael J Pickup (FCA) Insiiwie of Chartered A¢¢ountants itt England and Wales PKW LLP Charter¢d Ac¢ountaats Cloth Hall, 150 Drake Strttt Rochdalc OL16 IPX Date:.
RO HDALE AFC FOOTBALL JN THE COMMUNITY TRU STATEMEINT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDING 31 DECEMBER 2022 INCOMI ING RESOURCES 2021 Unrestrict¢d Fut)ds R¢sthCted Total Fuo*l% Voluntary Jncome Incoming Resource5 from"ChaTitable Activitie5 Fundraising Income Investment Income 3W.036 39,277 214.264 514.3 39.277 1,906 419.993 44.385 5,979 104 Toial IOMing Resources 341323 555 587 470 370 RESOURCES EXPENDED Cosi of Charitable A¢tivitLes Fundraising Cost5 Governan¢e Costs 302.148 1.476 3,772 214.264 516.412 1.476 3,772 460,171 4.971 4,746 Total Rewurces Expended 307 396 469 888 N¢t Mov¢ment in Fwids 33.927 33,927 482 Tolal Fund5 Broughi Forward 195945 195.945 195,463 Toial Funds Carried Fotward 229.872 229.872 195.945
ROCHD.4LE AFC FOOTBALL IPI THE COMMUMTY TRusr INCOKL E ANti E.XPENDITURE ACCOUNT FOR THE YEAR EP4DITrIG 31 DECEMBER 2022 2022 2021 INCOfvllNG RESOURCES Unrestricied FuDds Restricted Fund5 Totsl Funds Volufitary Itteomt- . Donatsotts &d Sponsorship Grants 6,858 293,178 214264 406,328 Tnthl In¢othitig ResouTf 214 514300 419.993 In¢omlDg Rest)urc¢$ from Charitablt Activities Coaching & Comrnunity Activities Soccer Sch¢x)Is Hire of Facilitie5 9,875 21,448 7.954 9,875 21,448 7.954 28.095 9,274 7.016 39 77 44 385 FundrAisini IDeome Inv¢s¢m¢nt Income: Bank Deposit lftteresi 104 13 Tal tncome Resources 341.323 214.264 555 587 470,370 RESOURCES EXPEi¥DED Costs of ChaTitsbl¢ A¢tivitiu:. Salaries Pension Contributions RegE5trdtionlAffJliation F¢¢5 Prize. Gifts aod Trophies R¢ferees Hire of F&ililies Rochdale AFC (Donations for Hire of Facilities) Motor aDd Trnvellints Exp¢D5e5 Telephone Printirtg. Postage. Siaiionary & Adven15ing Purcbase of Sportswear and Equipmeni Trdining CouT5e5 inc. College Bursaries Refreshments, Caierin8 & Hospitality Equipment Rental Insurance PTof¢s5ioDal Fees rr cosis Sundry Exp¢ns¢s LkprE¢ialion 208.651 3,616 160.216 2,411 368,867 6,027 266,654 3.930 817 817 170 6,737 12.OCKI 20,182 11,010 22.740 9.173 21,000 32,010 22,740 12.927 3,754 2.222 6.549 8.459 8.500 1.898 249 10,681 15.049 1,898 6.988 6.484 14,053 16.573 43.221 12,694 4.569 1.761 40.160 6,739 6.484 17.327 2250 86 4.484 6.805 24.132 2,250 1,058 4.484 972 2.690 1.259 302.148 214.264 516.412 460 171 CONTINUED
ROCHDALE AFC FOOTB L IN THE COMMUNITY TRUST INCOME AND EXPENI DITURE ACCOUNT CONTIF4UED FOR THE YEAR ENDIP4G 31 DECEMBER 2022 Fundraislng Costs: 1.476 4.971 Govtrnanc¢ Costs: Bank Charges & liJtrr¢st Payroll Proces5in8 Accountsn¢y Independ¢ni ExarniDation Ftt 220 1,932 .210 410 220 1.932 1,210 410 3.772- 521 660 359 2.767 1,210 410 4.746 469.888 482 T81 Resources Expended Nei Movemenl in Funds 307.396 33.927
ROCHDALE AFC FOOTBALL THE COMMUNITY TRUST BALANCE SHEET AS AT 31 DECEMBER 2022 OTES 2022 2021 FLXED ASSETS . Tangible A55et5 Investments 30.718 25.000 55.718 11,690 25.000 36,690 ' CURRENT SETs Debtors Chsh ai Bank and in Hand Stock 102.067 134,289 2.765 .239.121 35,806 158.286 194,092 CREDITORS .IAoMyJwLg fajlwg 10 64.967 34,837 dve withuj on¢ ye4r) FIET CiJRR£NT ASSETS 174.154 159255 TOTAL NET ASSETS 229,872 195.945 FUNDS u[strICted FuDd 229 872 195.945 TOTAL CHARITY FUNDS 229.872 195 945 The Dotes on pages 9 and 13 forni pan of these accounts For the year ending 31 Decernber 2022 the company wa5 cntiiled to exempttoD from audit under section 477 of the Companies Aci 2006 relating to srnall companie5. Directors. responsibilities:. i ) Ibe members have noi required ihe company io Oaill an audit of its accounts for the year tn questiott in a¢cgrdance with section 476 li) the dir¢ctOTS acknowledge their respoosibiliries for eomplying with the requiremenrs of ihe A¢i wilh respe¢1 io accouniiD8 tecords and the NepaTation of acctyjttts The accouDiS have been prepared in accordance with the provisions applicable to companies Subject to the Small ¢ompani¢5' regime and in a¢cordan¢e with FRS 102 SORP. These finan¢ial sialements were approved atKI guthorised for issue by the Trw¢5 and Board oFDirectors on ........... Signed OD behalf of the Board of Trusitts DIRECTOR
RO E AFC FOOTBALL IN THE COMMUNITY TRUST NOTES TO THE ACCOUNTS FOR THE YEAR ELNDED 31 DECEMBER ZOZZ l. ACCOtryTJNG POLICIES Basis of Accounting The Charity constitutes a public benefit entity as defw¢d by FRS 102. The Financial Statements have been prepared in accordance with Ac¢ounting and Reporting by Cbariiies.. Starement of Reconunended Practice applicabl¢ io Charities prepaTing their accounts iu accordance with the Financial Reportlng Standard applicable in the UK and Republic of Ireland issued in October 2019, the Financial Reporling Standard appli¢abl¢ in ihe United kn"ngdom and Republic of Ireland (FRS 102). the CTrwitses Act 2011. the Companie&A¢t 2006 and UK Generally Accepted PTJCti¢e. The financial Siatements are prepared on a going concern basis ullder the bistori¢al Cost convention. The financial 51atements are presented ID Sterling which is the functional cutrency of the Charity. Thc significant accounting policies applied in thc preparniion of these financial statements are set out b¢low. These policies have been Consistently applied to all years presented unless otheNise 5tat¢d. .Comp4Ry Statu5 The charity is a company limit¢d by guarant¢¢, r¢gister¢d in England and Wal¢& The mcrnber5 of the company ar¢ the tnLstres named on page l. In the eveyjt of the charity being woui)d up the liability in reS¢t of th¢ guarant¢¢ is limited to £10 pcr membcr. Fllnd Accounting Unre5tTiCted funds are available for use at the discretion of ihe trustees in furtherance of the general objectives of the charity and have not been d¢sign3ted for other purposes. Restricted fid$ are funds which are to be used in accordance with specific Testri¢tions imposed by donors. The c05t of raising and adminisieTiDg such fvnds are charged against the specific fund. Investment Income Investment tncome is ollocat¢d to th¢ appropriat¢ fun(L IDcome Recognition All incoming resources are included in the Stat¢m¢ni of Finan¢ial Actlvllies (SOFA) when the Charity bccomes entitled to ibe income. it is mote likely than not that the trustees will re¢eive the income. the monetary value Can be measured with sufficient reliability- Gran15 and donations are only vilued in the SOFA when the general illcome recognition criieria are met. io
ROCHDALE AFC FOOTBALL IN THE COMMUNITY TRUST NOTES TO THE ACCOUP4TS FOR THE YEAR ENDED 31 DECEMBER 2022 Expenditure Recognition All expendinJr¢ is a¢counled for on an acc41$ basis and has been classified under headin8s that aggregate all costs related to the category. Where costs cannot be directly attributed to particular heading5 they have been allo¢ated to activities on a basis consistent with we of the resources. Costs of charitable activities are those costs incurred directly i# support of expenditure on the objects of the charity. Gov¢n)an¢¢ ¢osts are"those iliCUTred in-ciintieclion with indeiièn.dent-examli110ri. COltanCy> prepardlion of slatulory accounts. and sundry admilllStr&tion costs. Pension Premiums ' Defined contribution scbeme premiuD]s are charged to tbe SOFA in the Period iri whi¢h they are paid. Operatittg Leases Rentals applicable to operating leases are charged to the SOFA over the period in which the cost is incurred. Tattglble Fixed Assets Fixed Assets are stated in the Balance Sheet at cost Icss depre¢iation. D¢pre¢iatiori on fixed ets is charged aDnually, on a straight-line basi5 at 33•/0 per annunL 2. TAXA TION Th¢ ¢barity was fornied to false fvnds and lo invite and receivc contributions by way of subscriptions and donations io promote youth-football and educational facilities. Funds Taised are utilised iowards tbe cost of arranging and maintaining these objecttves. The charity does Doi trnde for profit. As stipulated in the charity's memorandum the assets remaining on th¢ winding up OT dis501utlOD would not bc distributed lo members but given to anoiher charitable inStitiOn with similar objectives, consequently, any operating suTpluses are considered exempt from corporation t&x. The ¢haTity enjoys cbaritabl¢ status and so is not liable to UK corpor*ion lax on its interest received. 3. GRANT INCOME Governrnent grdnt Income of £nil (2021.. £9,175) comprising CoronaVin Job R¢t¢ntion Scheme Grant monies was r¢ceived during the year in r¢sp¢ct of government support during the coronavin Pand¢mi¢.
CHDALE AFC FOOTBALL IN THE COMMUNITY TRUST NOTES TO THE AccouNfs FOR THE YEAR ENDED 31 DECEMBER 2022 4 TOTAL RESOURCES EXPENDED Total r¢sovr¢¢$ expended in¢lude: 2022 2021 Independent Exarnination Fee 410 410 5 TRUSTEE'S RENiJMERATIO The tnLStees received no emoluments during the year (2021.. nil). 6 STAFF COSTS Wages and salaries Social Sccurity Costs Pension Costs (defined ¢ontribuiions) 346.865 22.002 6,026 374 893 249.204 17,450 3.930 270 584 The avttage number of employees were: Charitable activities Management and administration 15 17 io There were DO employees earning £60.Th)O or over 7 FIXED ASSETS Flxtures, Plttlttgs
nd Equipment
Total Cosl As at l January 2022 Additions 21.133 23,512 21,133 23,512 As at 31 December 2022 DepTecialio As at l January 222 Charge for th¢ Year 44,645 44,645 9,443 4,484 9,443 4,484 As at 31 De¢ember 2022 Net Book Value As at 31 D¢¢ember 2022 As at 31 December 2021 13,927 30,718 11,690 30,718 11,690 INVESTMENTS The investmenl comprises of 12,51X) ordinary shares in Rochdale AFC. which were purchased in 2021. The shares are unlisted and hav¢ been valued ar cosi. 12
ROCIIDALE AF FOOTBALL IN THE C MMUNITY TRUST NOTES TO THE ACCOUNTS FOR THE YEAR ENL DED 31 DECEMBER 21122 9 DEBTORS 2021 Trade Debtors 102.067 35,806 10 CREDITORS Trade Creditors Taxation and Social Security A¢cTual aod Deferred Income Amoullts fallin witb one ear 2,624 29.523 32.-820- 12,093 4,292 £31,750 of in¢orn¢ received dvring th¢ ycar (2021: £15.200) has been caffied forward and is in¢lud¢d in A¢¢nlS and Defe¢d iftcome. The income was received to support aetivittes tbat will be carried out in 2023. 11. FUIYD RE ON ILIATION Balan¢e at l January 2023 Income Expenditure Balance at 31 D¢¢¢mb¢r 2023 UNRESTRicfED FUNDS General Funds 195.945 341.323 307.396 229,872 RESTRICTED FUNDS Football FouDdatioD Debt Stop- Action Together HAF Summer Publi¢ Healib - Rochdale Queens Platinusn Jubilee EFL Trust Safer Conununications Bc LCO Workstream UK Youih- Futureproof Action Tooether PA RRR Crook Hill Windfarni Fund TowTrship Fund Get Fishing Fund Middleton Holiday ar Home Comtnunity Shield Di5tributiOLI Squad Goals Wildcats Premier League Stars Premier League Kicks 25,000 15.000 12.500 9.950 9.600 8.000 7.986 6.000 6,000 4.980 3.800 3.500 .750 .500 (25,000) (15.000) (12,500) {9.950) 19.600) 18.000) {7,980 (6,000) {6,000) (4,980) 13.800) (3,500) 11.750) (1,500) (1,000) 19.00) (2,700) (49.098) {45,000) 2,700 49.098 45.000 TOTAL FUNDS 195,945 555.587 521.660 229.872 12. RELATED PARTY TIL4NSACTTONS There are no related parry tr3n5a¢tions expenses to T[$tee5 during the P¢Tiod (2021.. nil). 13