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2022-05-31-accounts
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|
Page |
|
| Report o f the Trustees |
1 |
to |
3 |
| Independent Examiner's Report |
|
4 |
|
| Statement o f Financial Activities |
|
5 |
|
| Balance Sheet |
6 |
to |
7 |
| Notes to the Financial Statements |
8 |
to |
12 |
| Detailed Statement o f Financial Activities |
|
13 |
|
|
|
|
|
2022 |
2021 |
|
|
Unrestricted |
Restricted |
Total |
Total |
|
|
funds |
fund |
funds |
funds |
|
Notes |
£ |
£ |
£ |
£ |
| INCOME AND ENDOWMENTS FROM |
|
|
|
|
|
| Donations and legacies |
|
102,674 |
8,857 |
111,531 |
130,148 |
| Investment income |
2 |
3 |
|
3 |
1 |
|
|
|
− |
|
|
| Total |
|
102,677 |
8,857 |
111,534 |
130,149 |
| EXPENDITURE ON |
|
|
|
|
|
| Charitable activities |
|
|
|
|
|
| Football club |
|
134,719 |
8,857 |
143,576 |
97,083 |
| NET INCOME/(EXPENDITURE) |
|
(32,042) |
|
(32,042) |
33,066 |
| RECONCILIATION O F FUNDS |
|
|
|
|
|
| Total funds brought forward |
|
139,639 |
− |
139,639 |
106,573 |
| TOTAL FUNDS CARRIED FORWARD |
|
107,597 |
− |
107,597 |
139,639 |
|
|
|
|
2022 |
2021 |
|
|
Unrestricted |
Restricted |
Total |
Total |
|
|
funds |
fund |
funds |
funds |
|
Notes |
£ |
£ |
£ |
£ |
| FIXED ASSETS |
|
|
|
|
|
| Tangible assets |
5 |
110,559 |
|
110,559 |
110,559 |
| CURRENT ASSETS |
|
|
|
|
|
| Cash at bank |
|
26,177 |
|
26,177 |
68,740 |
| CREDITORS |
|
|
|
|
|
| Amounts falling due within one year |
6 |
(29,139) |
|
(29,139) |
(30,803) |
| NET CURRENT ASSETS |
|
(2,962) |
|
(2,962) |
37,937 |
| TOTAL ASSETS LESS CURRENT |
|
|
|
|
|
| LIABILITIES |
|
107,597 |
|
107,597 |
148,496 |
| ACCRUALS AND DEFERRED INCOME |
8 |
|
|
|
(8,857) |
| NET ASSETS |
|
107,597 |
|
107,597 |
139,639 |
| FUNDS |
9 |
|
|
|
|
| Unrestricted funds |
|
|
|
107,597 |
139,639 |
| TOTAL FUNDS |
|
|
|
107,597 |
139,639 |
|
|
Unrestricted |
Restricted |
Total |
|
|
funds |
fund |
funds |
|
INCOME AND ENDOWMENTS FROM |
|
|
|
|
Donations and legacies |
82,814 |
47,334 |
130,148 |
|
Investment income |
1 |
|
1 |
|
Total |
82,815 |
47,334 |
130,149 |
|
EXPENDITURE ON |
|
|
|
|
Charitable activities |
|
|
|
|
Football club |
49,749 |
47,334 |
97,083 |
|
NET INCOME |
33,066 |
|
33,066 |
|
RECONCILIATION OF FUNDS |
|
|
|
|
Total funds brought forward |
106,573 |
|
106,573 |
|
TOTAL FUNDS CARRIED FORWARD |
139,639 |
|
139,639 |
| 5. |
TANGIBLE FIXED ASSETS |
|
|
|
|
|
|
|
Improvements |
|
|
|
|
to |
|
|
|
|
property |
|
COST |
|
|
|
|
A t ! June 2021 and 31 May 2022 |
|
|
110,559 |
|
NET BOOK VALUE |
|
|
|
|
At 31 May 2022 |
|
|
110,559 |
|
At 31 May 2021 |
|
|
110,559 |
|
for the year ended 31 May 2022 |
|
|
|
| 6. |
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
|
|
|
|
|
|
2022 |
2021 |
|
Bank loans and overdrafts (see note 7) |
|
|
1,803 |
|
Other loans (see note 7) |
|
28,314 |
28,314 |
|
Trade creditors |
|
325 |
186 |
|
Accrued expenses |
|
500 |
500 |
|
|
|
29,139 |
30,803 |
| 7. |
LOANS |
|
|
|
|
An analysis of the maturity of loans is given below: |
|
|
|
|
|
|
2022 |
2021 |
|
Amounts falling due within one year on demand: |
|
|
|
|
Bank overdrafts |
|
|
1,803 |
|
Other loans |
|
28,314 |
28,314 |
|
|
|
28,314 |
30,117 |
| 8. |
ACCRUALS AND DEFERRED INCOME |
|
|
|
|
|
|
2022 |
2021 |
|
Accruals and deferred income |
|
|
8,857 |
| 9. |
MOVEMENT IN FUNDS |
|
|
|
|
|
|
Net |
|
|
|
|
movement |
At |
|
|
At 1.6.21 |
in funds |
31.5.22 |
|
Unrestricted funds |
|
|
|
|
General fund |
39,639 |
(32,042) |
7,597 |
|
Property revaluation |
100,000 |
|
100,000 |
|
|
139,639 |
(32,042) |
107,597 |
|
TOTAL FUNDS |
139,639 |
(32,042) |
107,597 |
| Net movement in funds, included in the above are as fol |
lows: |
|
|
|
Incoming |
Resources |
Movement |
|
resources |
expended |
in funds |
|
£ |
£ |
£ |
| Unrestricted funds |
|
|
|
| General fund |
102,677 |
(134,719) |
(32,042) |
| Restricted funds |
|
|
|
| Club Improvements |
8,857 |
(8,857) |
|
| TOTAL FUNDS |
111,534 |
(143,576) |
(32,042) |
| Comparatives for movement in funds |
|
|
|
|
|
Net |
|
|
|
movement |
At |
|
At 1.6.20 |
in funds |
31.5.21 |
| Unrestricted funds |
|
|
|
| General fund |
6,573 |
33,066 |
39,639 |
| Property revaluation |
100,000 |
|
100,000 |
|
106,573 |
33,066 |
139,639 |
| TOTAL FUNDS |
106,573 |
33,066 |
139,639 |
| Comparative net movement in funds, included in the above are as follows: |
|
|
|
|
Incoming |
Resources |
Movement |
|
resources |
expended |
in funds |
|
£ |
£ |
£ |
| Unrestricted funds |
|
|
|
| General fund |
82,815 |
(49,749) |
33,066 |
| Restricted funds |
|
|
|
| Club Improvements |
47,334 |
(47,334) |
|
| TOTAL FUNDS |
130,149 |
(97,083) |
33,066 |
| for the year ended 3 |
1 May 2022 |
|
|
2022 |
2021 |
| INCOME AND ENDOWMENTS |
|
|
| Donations and legacies |
|
|
| Donations |
11,563 |
1,449 |
| Miscellaneous income |
9,634 |
6,646 |
| Grants |
10,337 |
68,085 |
| Subscription |
37,116 |
28,226 |
| Gate receipts |
4,654 |
2,383 |
| Clubhouse income |
38,227 |
2,721 |
| Council Covid support grant |
|
20,638 |
|
111,531 |
130,148 |
| Investment income |
|
|
| Interest receivable |
3 |
1 |
| Total incoming resources |
111,534 |
130,149 |
| EXPENDITURE |
|
|
| Charitable activities |
|
|
| Match Day costs |
33,339 |
7,732 |
| Playing equipment and coaching |
41,776 |
20,010 |
| Club house purchases |
25,631 |
3,679 |
| Other costs |
3,661 |
2,007 |
| Club improvements |
7,317 |
47,334 |
| Pitch rent |
12,589 |
4,890 |
| Ground maintenance |
11,091 |
4,610 |
|
135,404 |
90,262 |
| Support costs |
|
|
| Management |
|
|
| Insurance |
1,308 |
1,177 |
| Accountancy |
600 |
500 |
| Repairs and renewals |
1,207 |
1,531 |
| Water rates |
707 |
1,121 |
| Heat and light |
2,365 |
2,348 |
| Council tax |
263 |
|
| Legal fees |
1,540 |
|
| Advertising |
156 |
144 |
| Bank charges |
26 |
|
|
8,172 |
6,821 |
| Total resources expended |
143,576 |
97,083 |
| Net (expenditure)/income |
(32,042) |
33,066 |