| Page | |||
|---|---|---|---|
| Report ofthe Trustees | 1 | to | 3 |
| Independent Examiner's Report |
|||
| Statement ofFinancial Activities | |||
| Balance Sheet | |||
| Notes to the Financial Statements | 7 | to | 10 |
| Detailed Statement ofFinancial Activities |
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| funds | fund | funds | funds | |||
| Notes | ||||||
| INCOME AND ENDOWMENTS FROM | ||||||
| Donations and legacies |
82,814 | 47334 | 130,148 | 109,787 | ||
| Investmentincome | ||||||
| Total | 82,815 | 47,334 | 130,149 | 109,787 | ||
| EXPENDITURE ON | ||||||
| Charitable activities |
||||||
| Football club | 49,749 | 47834 | 97,083 | 92,694 | ||
| NET INCOME | 33,066 | 33,066 | 17,093 | |||
| RECONCILIATION | OF FUNDS | |||||
| Total funds brought forward | 106,573 | 106,573 | 89,480 | |||
| TOTAL FUNDS CARRIED FORWARD | 139,639 | 139,639 | 106,573 |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| funds | fund | funds | funds | ||
| Notes | |||||
| FIXEDASSETS | |||||
| Tangible assets | 110,559 | 110,559 | 110,559 | ||
| CURRENT ASSETS | |||||
| Cash at bank | 59,883 | 8,857 | 68,740 | 23,636 | |
| CREDITORS | |||||
| Amounts falling due within one year |
(30,803) | (30,803) | (27,622) | ||
| NKT CURRENT ASSETS | 29,080 | 8,857 | 37,937 | (3,986) | |
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | 139,639 | 8,857 | 148,496 | 106,573 | |
| ACCRVALS AND DEFERRED INCOME | 8 | (8,857) | (8,857) | ||
| NET ASSETS | 139,639 | 139,639 | 106,573 | ||
| FUNDS | |||||
| Unrestricted funds |
139,639 | 106,573 | |||
| TOTAL FUNDS | 139,639 | 106,573 |
| There were no trustees expenses paid for the year ended 31May 2021 nor for the y | There were no trustees expenses paid for the year ended 31May 2021 nor for the y | There were no trustees expenses paid for the year ended 31May 2021 nor for the y | There were no trustees expenses paid for the year ended 31May 2021 nor for the y | ear ended 31 | May 2020. | |
|---|---|---|---|---|---|---|
| COMPARATIVES FOR THE STATEMENT OFFINANCIAL ACTIVITIES | ||||||
| Unrestricted | Restricted | Total | ||||
| INCOME AND ENDOWMENTS | FROM | funds | fund | fundsf | ||
| Donations and legacies |
109,787 | 109,787 | ||||
| EXPENDITURE ON | ||||||
| Charitable activities |
||||||
| Football club | 92,694 | 92,694 | ||||
| NET INCOME | 17,093 | 17,093 | ||||
| RECONCILIATION | OF FUNDS | |||||
| Total funds brought forward |
89,480 | 89,480 | ||||
| TOTAL FUNDS CARRIED FORWARD | 106,573 | 106,573 | ||||
| 5. | TANGIBLE FIXEDASSETS | |||||
| Improvements | ||||||
| to | ||||||
| property | ||||||
| COST | ||||||
| At 1 June 2020 and 31May 2021 | 110,559 | |||||
| NET BOOK VALUE | ||||||
| At 31May 2021 | 110,559 | |||||
| At 31May 2020 | 110,559 |
| 2021 | 2020 | |
|---|---|---|
| Bank loans and overdraits (see note 7) Other loans (see note 7) Trade creditors |
1,803 28,314 186 |
140 26,982 |
| Accrued expenses | 500 | 500 |
| 30,803 | 27,622 |
| LOANS | ||||
|---|---|---|---|---|
| An analysis ofthe maturity ofloans is given below: | ||||
| 2021 | 2020 | |||
| Amounts falling due within one |
year on demand: | |||
| Bank overdraits Other loans |
1,803 28,314 |
140 26,982 |
||
| 30,117 | 27,122 | |||
| ACCRUALS AND DEFERRED INCOME | ||||
| 2021 | 2020 | |||
| Accruals and deferred income | 8,857 | |||
| MOVEMENT IN FUNDS | ||||
| Net | ||||
| movement | At | |||
| At 1.6.20 | in funds | 31.5.21 | ||
| Unrestricted funds |
||||
| General fund Property revaluation |
6,573 100,000 |
33,066 | 39,639 100,000 |
|
| 106,573 | 33,066 | 139,639 | ||
| TOTAL FUNDS | 106,573 | 33,066 | 139,639 | |
| Net movement in funds, included |
in the above are as follows: | |||
| Incoming | Resources | Movement | ||
| resources I |
expended | in funds | ||
| Unrestricted funds |
||||
| General fund | 82,815 | (49,749) | 33,066 | |
| Restricted funds |
||||
| Club Improvements | 47/34 | (47,334) | ||
| TOTAL FUNDS | 130,149 | (97,083) | 33,066 |
| Net | ||||
|---|---|---|---|---|
| movement | At | |||
| At 1.6.19 | in funds | 31.5.20 | ||
| Unrestricted | funds | |||
| General fund Property revaluation |
(10,520) 100,000 |
17,093 | 6,573 100,000 |
|
| 89,480 | 17,093 | 106,573 | ||
| TOTAL FUNDS | 89,480 | 17,093 | 106,573 |
| Incoming | Resources | Movement | ||
|---|---|---|---|---|
| resources | expended | in funds | ||
| Unrestricted | funds | |||
| General fund | 109,787 | (92,694) | 17,093 | |
| TOTAL FUNDS | 109,787 | (92,694) | 17,093 |
| for the year ended 3 | 1May 2021 | |||
|---|---|---|---|---|
| 2021 | 2020 | |||
| 5 | ||||
| INCOME AND ENDOWMENTS | ||||
| Donations and |
legacies | |||
| Donations | 1,449 | 7,530 | ||
| Miscellaneous | income | 6,646 | 42,094 | |
| Grants | 68,085 | |||
| Subscription | 28,226 | 28,199 | ||
| Gate receipts | 2,383 | 4,280 | ||
| Clubhouse income |
2,721 | 17,684 | ||
| Council Covid | support grant | 20,638 | 10,000 | |
| 130,148 | 109,787 | |||
| Investment income |
||||
| Interest receivable | ||||
| Total incoming | resources | 130,149 | 109.787 | |
| EXPENDITURE | ||||
| Charitable activities |
||||
| Match Day costs | 7732 | 24,931 | ||
| Playing equipment | aud coaching | 24,620 | 23,763 | |
| Club house purchases | 3,679 | 21,709 | ||
| Other costs | 2,007 | 6,748 | ||
| Club improvements | 47334 | |||
| 85472 | 77,151 | |||
| Support costs | ||||
| Management | ||||
| Insurance | 1,177 | 1,304 | ||
| Accountancy | 500 | 500 | ||
| Rent | 4,890 | 6,703 | ||
| Repairs and renewals | 1,675 | 7,036 | ||
| Water rates | 1,121 | |||
| Heat and light | 2348 | |||
| 119711 | 15,543 | |||
| Total resources | expended | 97,083 | 92,694 | |
| Net income | 33,066 | 17,093 |