COMPANY REGISTRATION NUMBER: 06521371 CHARITY REGISTRATION NUMBER: 1124207
Hartlepool United Community Sports Foundation Company Limited by Guarantee Unaudited Financial Statements
31 January 2025
TREMAINE
Chartered accountants 19 Tremaine Close Hartlepool TS27 3LE
Hartlepool United Community Sports Foundation
Company Limited by Guarantee
Financial Statements
Year ended 31 January 2025
| Page | |
|---|---|
| Trustees' annual report (incorporating the director's report) | 1 |
| Independent examiner's report to the trustees | 8 |
| Statement of financial activities (including income and | |
| expenditure account) | 9 |
| Statement of financial position | 10 |
| Statement of cash flows | 11 |
| Notes to the financial statements | 12 |
Hartlepool United Community Sports Foundation
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report)
Year ended 31 January 2025
The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 31 January 2025.
Reference and administrative details
Registered charity name
Hartlepool United Community Sports Foundation
Charity registration number 1124207 Company registration number 06521371 Principal office and registered Victoria Park office Clarence Road Hartlepool TS24 8BZ
The trustees
N Nottingham S Rowntree R C M Stoker (Appointed 28 March 2024) M R Tilling (Resigned 10 October 2024) D C Robinson (Resigned 10 October 2024) C Jorgensen (Resigned 10 October 2024) D Turner (Resigned 10 October 2024) R Murphy (Resigned 28 March 2024)
Independent examiner
Julie Todd Treamine Chartered Certified Accountant 19 Tremaine Close Hartlepool TS27 3LE
Structure, governance and management
Hartlepool United Community Sports Foundation is a company limited by guarantee governed by its Memorandum and Articles of Association dated 3 March 2008. It is registered as a charity with the Charity Commission.
1
Hartlepool United Community Sports Foundation
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 January 2025
Structure, governance and management (continued)
Trustees' Recruitment and Inductions
When considering appointing new trustees, the board has regard to the requirement for any specialist skills needed in order to support the charities work.
New trustees are invited and encouraged to attend activity sessions and meet team members to familiarise themselves with the organisation and the context within which it operates. Additionally, trustees are already familiar with the practical work of the organisation having been briefed by the Chief Executive on such issues as:
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The obligations of the trustees under charity and company law,
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The main documents which set out the operational framework for the organisation including the Memorandum and Articles of Association,
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Recent copies minutes of meetings
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The business plan and recent financial performance of the organisation,
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Future plans and objectives.
Feedback from new trustees regarding their induction has been very positive.
Organisation
Hartlepool United Community Sports Foundation is a registered charity (charity no 11242047) and as such is operated by a board of trustees. The board of trustees meet quarterly and provide strategic guidance and governance. The Trust is continually seeking to develop a broader skills mix of trustees in order to support and advance the current level of service offered. A Chief Executive is appointed by the trustees to manage the day to day operations of the charity. To facilitate effective operations, the Chief Executive has delegated authority, within terms of delegation approved by the trustees, for operational matters including finance, employment and general development of the charity. All areas of the charities operations and developments are reported upon by the Chief Executive during the trustees' quarterly meetings
Related Parties
The charity has established a number of key partners locally and nationally in order to meet the origanisations aims and objectives. The charity has a close and productive working relationship with National Citizen Service, the Police Commission & the FA Premier League. The charity works closely with the Football League Trust who provided funding for local community work. The charity will continue to forge closer community links in order to promote and increase the number of children accessing our provision. This proactive approach to partnership working has contributed significantly to an increase in the number of children accessing the charity's activities over the past twelve months.
2
Hartlepool United Community Sports Foundation
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 January 2025
Objectives and activities
The Charity's objectives (the Objects) are for the benefit of the public generally and in particular, the inhabitants of Cleveland, Tees Valley and surrounding areas:
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To promote community participation in healthy recreation by providing facilities for the playing of association football and other sports capable of improving health
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To provide and assist in providing facilities for sport, recreation or other leisure time occupation of such persons who have need for such facilities by reason of their youth, age infirmity or disablement, poverty or social and economic circumstances or for the public at large in the interests of social welfare and with the object of improving their conditions of life; and
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To advance the education of children and young people through such means as the trustees think fit in accordance with the law of charity.
Hartlepool United Community Sports Foundation (HUCSF) is a vibrant and active community project that aims to support grassroots football development and nurture the passion of the people of Hartlepool for football and their local club.
Having successfully attained charitable status, the challenge for the Foundation is to now reach even more people and increase the role we play in the local community. The Foundation offers many diverse activities that aim to provide the people of Hartlepool and the surrounding areas with opportunities to participate and enjoy themselves in a fun, friendly environment helping people in life skills, promoting self-esteem, confidence and fair play. The Foundation's has four main themes/objectives - - sports participation, social inclusion, health and education which meet the Every Child Matters Agenda:
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Be Healthy
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Stay Safe
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Enjoy and achieve
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Make a positive contribution
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Achieve economic well-being
3
Hartlepool United Community Sports Foundation
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 January 2025
Objectives and activities (continued)
Mission Statement
Harnessing the power of Hartlepool United, we deliver innovative sports, personal development and wellbeing programmes to raise aspirations and enhance the lives of those within our local communities. Championing equality and inclusion, we support everyone to reach their goals whilst becoming more active, happier and healthier.
Vision
To create a level playing field by inspiring individuals and connecting communities.
Our Values
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Inclusion: We champion equality and celebrate diversity as an organisation that actively breaks down barriers to represent all sectors of the community.
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Be United: Teamwork is key to our success. By working closely with partners and local people, we come together as one to achieve our collective goals.
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Integrity: Our honest and principled approach ensures we are transparent, responsible and trustworthy by putting the aims of the foundation and all our beneficiaries above all other interests.
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Quality of Service: Trustees, employees and volunteers have high levels of quality as a central focus as they undertake their individual and collective responsibilities.
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Inspiring: Creating a culture where people prosper and efforts are rewarded.
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Continuous Improvement: We have a strong emphasis on development as we continuously strive for personal and organisational improvement to maximise opportunities and fulfil potential.
Strategic report
The following sections for achievements and performance and financial review form the strategic report of the charity.
4
Hartlepool United Community Sports Foundation
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 January 2025
Achievements and performance
HUCSF Annual Activity Report
The Premier League and PFA Core Fund
The Premier League and PFA Community Fund, sometimes referred to as the "core fund," is a partnership between the Premier League and the Professional Footballers' Association (PFA) that provides essential "behind the scenes" infrastructure support and funding to football club community organisations (CCOs). Administered by the Premier League Charitable Fund, this fund helps CCOs deliver projects that respond to local needs, such as improving mental and physical health, promoting inclusion (like LGBTQ+ inclusion), supporting education and employability, and tackling social isolation. The funding also enables HUCSF to be more sustainable and secure additional funding from other sources, all while leveraging the power of football to create positive social impact. It strengthens Equality Diversity & Inclusion (EDI) practices which mean that the HUCSF can deliver programmes that better reflect and serve diverse communities in Hartlepool and the local area.
Hartlepool United players act as role models, particularly for young people, inspiring community pride, civic engagement and active lifestyles, while also supporting causes and promoting inclusion for marginalised groups.
National League Trust: Poolies for Life, Suicide Prevention
The project added to the existing work that we do and enabled us to expand on our outcomes to support the mental health and wellbeing of our community bringing people together in a safe and welcoming environment. The project was aimed at Men and Women creating two separate Hubs which allowed people to meet, socialise and discuss problems and issues arising in their lives with like minded people for support or even just listen to those in a similar situation. The other two separate sessions for men and women included a range of different physical activities based on the needs of the participants: football, walking, badminton, aerobics exercises, walking football. Physical exercise can benefit mental health by reducing anxiety and creating happier moods, reducing stress, instilling a greater sense of calm and clear thinking, increased self-esteem as well as reducing the risk of depression and other social benefits.
Poolies Kicks Project
The National League Trust in partnership with the Premier League and the Professional Footballers Association funded Hartlepool United Community Sports Foundation to run a Free Poolies Kicks Football Project for children aged 8-15yrs. Working with the local Community Police the diversionary sports provision targeted an identified problem area of Hartlepool to help reduce anti-social behaviour. The sports activity helps to improve physical and mental wellbeing, as well as improving selfconfidence and team building. HUCSF want to inspire the young people we engage with creating a positive environment to grow. Our lead coaches are trained in youthwork principles, and it is key for us that we build a rapport with the young people and listen to their needs, so we offer the opportunity for young people to voice their likes and dislikes to help design sessions which they will enjoy taking part in on a regular basis.
5
Hartlepool United Community Sports Foundation
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 January 2025
Achievements and performance (continued)
Premier League Primary Stars
The National League Trust in partnership with the Premier League and Professional Footballers Association allowed HUCSF to continue to deliver a Premier League Primary Stars (PLPS) programme, which aims to create positive and lasting sporting, health and education outcomes for children, young people and the wider community.
Premier League Primary Stars combines education and sports with the goal of inspiring girls and boys 5-11years within the classroom, in the playground and on the sports field. Everything we deliver is underpinned by the core values of being ambitious, being inspiring, being connected and being fair. As an education programme, we connect our learning to the world of sport with our interventions focusing on engaging learners in English and Maths, tackling challenging topics within the Personal, Social, Health and Economic (PSHE) curriculum, and supporting PE and sports in schools
Holiday Activities & Food (HAF) Programme
Through HBC the HAF funding provided HUCSF the opportunity to run free holiday Soccer Courses for children 6-12yrs in the April and Summer School Holiday periods. Improving fitness, balance, coordination, enriching activities improving health and wellbeing, building confidence and social skills. It also includes a healthy meal for each child who attends supporting families on benefits or children who are in receipt of free school meals. HUCSF also signposted children/parents to other activities that we run throughout the year, health, education, sport and social inclusion
The PFC Trust
The PFC Trust grant from the Early Years Fund allowed us to run a series of sessions within local schools, to work with children in EYFS.
Each block of sessions involved two coaches delivering 30-minute play-based physical activity for groups of 10-12 children aged 2-4 once a week for 6 weeks. Within each block, coaches worked with children to improve fundamental movement skills including core strength, stability, balance, spatial awareness, co-ordination and agility, which all contribute to children living happy and healthy lives and are the foundation for social and emotional wellbeing and hopefully a lifelong love of physical activity.
Time was also be spent working on fine motor skills, to improve children's hand-eye coordination. This is a vital skill for young children to develop and is linked to early literacy development. All sessions were linked to the EYFS curriculum, and while being focussed around physical activity and physical development, sessions will be cross-curricular and provide opportunities for children to develop literacy, mathematics, communication and language and personal, social and emotional skills.
The Twinning Project
The Football and Literacy Course is a national initiative, which pairs professional football clubs with male, female and young offender prisons in England and Wales. The objectives of the Twinning Project are to support prisoners while in custody and on release through upskilling and education, so as to better prepare prisoners to find work outside upon release and reduce the likelihood of reoffending.
The Foundation will use the experience of our coaches, and the power of their brand, to engage the disengaged. Many prisoners have had a poor educational experience and develop a hesitancy towards learning. The Twinning Project uses football to break down barriers and uses sport as a catalyst for change.
6
Hartlepool United Community Sports Foundation
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 January 2025
Financial review
The unresticted reserves of the charity at 31 January 2025 amount to £116,584. Actual total reserves at 31 January 2025 amount to £139,266.
Reserves Policy
The trustees' policy is to hold three months salaries in reserves. The reserves are needed in the event of lost funding, unexpected costs or reduced income levels. In order to enable trustees to monitor the reserves, the trustees report prepared by the Chief Executive, submitted to the board of trustees every three months, will include details of the reserve fund. The trustees therefore consider that the ideal levels of reserves as at 31 January 2025 would be £150,000. The actual free reserves of the charity (i.e. those funds excluding fixed assets) at 31 January 2025 were £112,184.
Risk Management
The trustees are currently looking to implement a full risk management policy. Internal risk controls are already in place in relation to the authorisation of all transactions.
The trustees' annual report and the strategic report were approved on 16 October 2025 and signed on behalf of the board of trustees by:
R C M Stoker Trustee
7
Hartlepool United Community Sports Foundation
Company Limited by Guarantee
Independent Examiner's Report to the Trustees of Hartlepool United Community Sports Foundation
Year ended 31 January 2025
I report to the trustees on my examination of the financial statements of Hartlepool United Community Sports Foundation ('the charity') for the year ended 31 January 2025.
Responsibilities and basis of report
As the trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act’).
Having satisfied myself that the accounts of the 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 the charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘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
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
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accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or
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the financial statements do not accord with those records; or
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the financial statements 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
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the financial statements 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.
Julie Todd Treamine Chartered Certified Accountant Independent Examiner
19 Tremaine Close Hartlepool TS27 3LE
17 October 2025
8
Hartlepool United Community Sports Foundation
Company Limited by Guarantee
Statement of Financial Activities (including income and expenditure account)
Year ended 31 January 2025
| 2025 | 2024 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | ||||
| funds | funds | Total funds | Total funds | ||
| Note | £ | £ | £ | £ | |
| Income and endowments | |||||
| Donations and legacies | 5 | 22,786 | 81,283 | 104,069 | 151,581 |
| Charitable activities | 6 | 85,079 | 2,126 | 87,205 | 66,245 |
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | ||
| Total income | 107,865 | 83,409 | 191,274 | 217,826 | |
| ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | ||
| Expenditure | |||||
| Expenditure on charitable activities | 7 | 147,649 | 87,599 | 235,248 | 215,539 |
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | ||
| Total expenditure | 147,649 | 87,599 | 235,248 | 215,539 | |
| ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | ||
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | ||
| Net (expenditure)/income and net | |||||
| movement in funds | (39,784) | (4,190) | (43,974) | 2,287 | |
| ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | ||
| Reconciliation of funds | |||||
| Total funds brought forward | 156,368 | 26,872 | 183,240 | 180,953 | |
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | ||
| Total funds carried forward | 116,584 | 22,682 | 139,266 | 183,240 | |
| ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ |
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
The notes on pages 12 to 22 form part of these financial statements.
9
Hartlepool United Community Sports Foundation
Company Limited by Guarantee
Statement of Financial Position
31 January 2025
| 2025 | 2024 | ||
|---|---|---|---|
| Note | £ | £ | |
| Fixed assets | |||
| Tangible fixed assets | 12 | 4,400 | 3,450 |
| Current assets | |||
| Debtors | 13 | 4,502 | 4,191 |
| Cash at bank and in hand | 131,470 | 176,653 | |
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | ||
| 135,972 | 180,844 | ||
| Creditors: amounts falling due within one year | 14 | 1,106 | 1,054 |
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | ||
| Net current assets | 134,866 | 179,790 | |
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | ||
| Total assets less current liabilities | 139,266 | 183,240 | |
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | ||
| Net assets | 139,266 | 183,240 | |
| ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | ||
| Funds of the charity | |||
| Restricted funds | 22,682 | 26,872 | |
| Unrestricted funds | 116,584 | 156,368 | |
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | ||
| Total charity funds | 16 | 139,266 ৶৶৶৶৶৶৶৶৶ |
183,240 ৶৶৶৶৶৶৶৶৶ |
For the year ending 31 January 2025 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
These financial statements were approved by the board of trustees and authorised for issue on 16 October 2025, and are signed on behalf of the board by:
R C M Stoker Trustee
The notes on pages 12 to 22 form part of these financial statements.
10
Hartlepool United Community Sports Foundation
Company Limited by Guarantee
Statement of Cash Flows
Year ended 31 January 2025
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Cash flows from operating activities | ||
| Net (expenditure)/income | (43,974) | 2,287 |
| Adjustments for: | ||
| Depreciation of tangible fixed assets | 2,177 | 2,059 |
| Accrued income | – | (800) |
| Changes in: | ||
| Trade and other debtors | (311) | (13) |
| Trade and other creditors | 52 | (336) |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄ | |
| Cash generated from operations | (42,056) | 3,197 |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄ | |
| Net cash (used in)/from operating activities | (42,056) | 3,197 |
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶ | |
| Cash flows from investing activities | ||
| Purchase of tangible assets | (3,127) | – |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄ | |
| Net cash used in investing activities | (3,127) | – |
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶ | |
| Net (decrease)/increase in cash and cash equivalents | (45,183) | 3,197 |
| Cash and cash equivalents at beginning of year | 176,653 | 173,456 |
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | |
| Cash and cash equivalents at end of year | 131,470 | 176,653 |
| ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ |
The notes on pages 12 to 22 form part of these financial statements.
11
Hartlepool United Community Sports Foundation
Company Limited by Guarantee
Notes to the Financial Statements
Year ended 31 January 2025
1. General information
The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is Victoria Park, Clarence Road, Hartlepool, TS24 8BZ.
2. Statement of compliance
These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Companies Act 2006.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
There are no material uncertainties about the charity's ability to continue.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.
12
Hartlepool United Community Sports Foundation
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 January 2025
3. Accounting policies (continued)
Incoming resources
All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:
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income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.
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legacy income is recognised when receipt is probable and entitlement is established.
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income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.
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income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:
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expenditure on raising funds includes the costs of all fundraising activities, events, noncharitable trading activities, and the sale of donated goods.
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expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.
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other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
13
Hartlepool United Community Sports Foundation
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 January 2025
3. Accounting policies (continued)
Tangible assets (continued)
An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses, unless it reverses a charge for impairment that has previously been recognised as expenditure within the statement of financial activities. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other recognised gains and losses, except to which it offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activities.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Equipment - 25% straight line
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cashgenerating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.
For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the charity are assigned to those units.
14
Hartlepool United Community Sports Foundation
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 January 2025
3. Accounting policies (continued)
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.
When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as an expense in the period in which it arises.
4. Limited by guarantee
In the event of the charity being wound up, members are required to contribute an amount not exceeding £10.
15
Hartlepool United Community Sports Foundation
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 January 2025
5. Donations and legacies
| Unrestricted | Restricted | Total Funds | |
|---|---|---|---|
| Funds | Funds | 2025 | |
| £ | £ | £ | |
| Donations | |||
| Donations | 1,204 | – | 1,204 |
| Grants | |||
| Football League Community Ltd | – | 5,625 | 5,625 |
| National Premier League | 20,000 | – | 20,000 |
| PFC Trust | – | 4,500 | 4,500 |
| HMPPS | – | 21,807 | 21,807 |
| Police & Crime Commission | – | 3,575 | 3,575 |
| National League Trust | – | 34,702 | 34,702 |
| Hartlepool Borough Council | 1,032 | 7,574 | 8,606 |
| Tees Valley Community Fund | – | 2,500 | 2,500 |
| Durham County Council | 250 | – | 250 |
| Miller Homes | – | 1,000 | 1,000 |
| Northern Education | 300 | – | 300 |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | |
| 22,786 | 81,283 | 104,069 | |
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | |
| Unrestricted | Restricted | Total Funds | |
| Funds | Funds | 2024 | |
| £ | £ | £ | |
| Donations | |||
| Donations | 4,240 | – | 4,240 |
| Asda Foundation | 500 | – | 500 |
| Grants | |||
| Football League Community Ltd | 17,482 | 26,547 | 44,029 |
| National Premier League | 10,000 | 27,000 | 37,000 |
| Disability Rights | – | 1,516 | 1,516 |
| UK Parkinsons | 225 | – | 225 |
| HMPPS | – | 24,561 | 24,561 |
| National League Trust | – | 18,564 | 18,564 |
| Hartlepool Borough Council | – | 13,026 | 13,026 |
| JH Rausling Trust | – | 7,920 | 7,920 |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | |
| 32,447 | 119,134 | 151,581 | |
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ |
16
Hartlepool United Community Sports Foundation
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 January 2025
6. Charitable activities
| Unrestricted | Restricted | Total Funds | |
|---|---|---|---|
| Funds | Funds | 2025 | |
| £ | £ | £ | |
| Soccer Schools & Courses | 64,495 | – | 64,495 |
| Veterans Collection | – | 2,126 | 2,126 |
| Penalty Competition | 20,584 | – | 20,584 |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | |
| 85,079 | 2,126 | 87,205 | |
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | |
| Unrestricted | Restricted | Total Funds | |
| Funds | Funds | 2024 | |
| £ | £ | £ | |
| Soccer Schools & Courses | 44,668 | – | 44,668 |
| Other | 650 | – | 650 |
| Penalty Competition | 20,927 | – | 20,927 |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄ | ৄৄৄৄৄৄৄৄ | |
| 66,245 | – | 66,245 | |
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶ | ৶৶৶৶৶৶৶৶ |
17
Hartlepool United Community Sports Foundation
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 January 2025
7. Expenditure on charitable activities by fund type
| Unrestricted | Restricted | Total Funds | ||
|---|---|---|---|---|
| Funds | Funds | 2025 | ||
| £ | £ | £ | ||
| General Fund | 147,649 | – | 147,649 | |
| Smart Meters | – | 3,750 | 3,750 | |
| Premier League Primary | – | 25,000 | 25,000 | |
| Kicks | – | 15,766 | 15,766 | |
| Twinning Prison Project | – | 21,808 | 21,808 | |
| HAF | – | 7,574 | 7,574 | |
| Royal British Legion Veterans | – | 3,126 | 3,126 | |
| PFC Trust | – | 4,500 | 4,500 | |
| Police & Crime Commission | – | 3,575 | 3,575 | |
| Tees Valley Community Fund | – | 2,500 | 2,500 | |
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | ||
| 147,649 | 87,599 | 235,248 | ||
| ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | ||
| Unrestricted | Restricted | Total Funds | ||
| Funds | Funds | 2024 | ||
| £ | £ | £ | ||
| General Fund | 123,277 | – | 123,277 | |
| Smart Meters | – | 2,312 | 2,312 | |
| Skills Booster | – | 15,170 | 15,170 | |
| Premier League Primary Stars | – | 27,000 | 27,000 | |
| Premier League Primary | – | 12,500 | 12,500 | |
| Twinning Prison Project | – | 4,753 | 4,753 | |
| JH Rausling Trust | – | 7,920 | 7,920 | |
| HAF | – | 13,026 | 13,026 | |
| Disability Rights | – | 1,516 | 1,516 | |
| Fit Fans | – | 8,065 | 8,065 | |
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | ||
| 123,277 | 92,262 | 215,539 | ||
| ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | ||
| 8. | Net (expenditure)/income | |||
| Net (expenditure)/income is stated after | charging/(crediting): | |||
| 2025 | 2024 | |||
| £ | £ | |||
| Depreciation of tangible fixed assets | 2,177 ৶৶৶৶৶৶৶ |
2,059 ৶৶৶৶৶৶৶ |
18
Hartlepool United Community Sports Foundation
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 January 2025
9. Independent examination fees
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Fees payable to the independent examiner for: | ||
| Independent examination of the financial statements | 400 ৶৶৶৶ |
400 ৶৶৶৶ |
10. Staff costs
| The total staff costs and employee benefits for the reporting period are analysed as | The total staff costs and employee benefits for the reporting period are analysed as | follows: |
|---|---|---|
| 2025 | 2024 | |
| £ | £ | |
| Wages and salaries | 157,442 | 137,064 |
| Social security costs | 6,573 | 4,360 |
| Employer contributions to pension plans | 3,018 | 2,432 |
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | |
| 167,033 | 143,856 | |
| ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ |
The average head count of employees during the year was 7 (2024: 7). The average number of full-time equivalent employees during the year is analysed as follows:
| 2025 | 2024 | |
|---|---|---|
| No. | No. | |
| Charitable activities | 7 | 7 |
| ৶৶৶৶ | ৶৶৶৶ |
No employee received employee benefits of more than £60,000 during the year (2024: Nil).
11. Trustee remuneration and expenses
No remuneration or other benefits from employment with the charity or a related entity were received by the trustees.
12. Tangible fixed assets
| Equipment | |
|---|---|
| £ | |
| Cost | |
| At 1 February 2024 | 8,235 |
| Additions | 3,127 |
| ৄৄৄৄৄৄৄৄ | |
| At 31 January 2025 | 11,362 |
| ৶৶৶৶৶৶৶৶ | |
| Depreciation | |
| At 1 February 2024 | 4,785 |
| Charge for the year | 2,177 |
| ৄৄৄৄৄৄৄৄ | |
| At 31 January 2025 | 6,962 |
| ৶৶৶৶৶৶৶৶ | |
| Carrying amount | |
| At 31 January 2025 | 4,400 |
| ৶৶৶৶৶৶৶৶ | |
| At 31 January 2024 | 3,450 |
| ৶৶৶৶৶৶৶৶ |
19
Hartlepool United Community Sports Foundation
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 January 2025
| 13. | Debtors | ||
|---|---|---|---|
| 2025 | 2024 | ||
| £ | £ | ||
| Prepayments and accrued income | 954 | 396 | |
| Other debtors | 3,548 | 3,795 | |
| ৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄ | ||
| 4,502 | 4,191 | ||
| ৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶ | ||
| 14. | Creditors: amounts falling due within one year | ||
| 2025 | 2024 | ||
| £ | £ | ||
| Accruals and deferred income | 400 | 400 | |
| Other creditors | 706 | 654 | |
| ৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄ | ||
| 1,106 | 1,054 | ||
| ৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶ |
15. Pensions and other post retirement benefits
Defined contribution plans
The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £3,018 (2024: £2,432).
16. Analysis of charitable funds
Unrestricted funds
| Unrestricted funds | |||||||
|---|---|---|---|---|---|---|---|
| At | |||||||
| At | 1 | February | 31 | January | |||
| 2024 | Income | Expenditure | 2025 | ||||
| £ | £ | £ | £ | ||||
| General fund | 156,368 | 107,865 | (147,649) | 116,584 | |||
| ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | ||||
| At | |||||||
| At | 1 | February | 31 | January | |||
| 2023 | Income | Expenditure | 2024 | ||||
| £ | £ | £ | £ | ||||
| General fund | 180,953 | 98,692 | (123,277) | 156,368 | |||
| ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ |
20
Hartlepool United Community Sports Foundation
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 January 2025
16. Analysis of charitable funds (continued)
Restricted funds
| Restricted funds | ||||
|---|---|---|---|---|
| At | ||||
| At 1 February | 31 January | |||
| 2024 | Income | Expenditure | 2025 | |
| £ | £ | £ | £ | |
| Kicks | 6,064 | 9,702 | (15,766) | – |
| Premier League Primary | – | 25,000 | (25,000) | – |
| Royal British Legion Vetrans | – | 3,126 | (3,126) | – |
| Twinning Prison Project | 19,808 | 21,807 | (21,808) | 19,807 |
| Smart Meters | – | 5,625 | (3,750) | 1,875 |
| Girls Talent | 1,000 | – | – | 1,000 |
| HAF | – | 7,574 | (7,574) | – |
| PFC Trust | – | 4,500 | (4,500) | – |
| Police & Crime Commission | – | 3,575 | (3,575) | – |
| Tees Valley Community Fund | – | 2,500 | (2,500) | – |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | |
| 26,872 | 83,409 | (87,599) | 22,682 | |
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | |
| At 1 February | At 31 January | |||
| 023 | Income | Expenditure | 2024 | |
| £ | £ | £ | £ | |
| Premier League Primary Stars | – | 27,000 | (27,000) | – |
| Kicks | – | 6,064 | – | 6,064 |
| Premier League Primary | – | 12,500 | (12,500) | – |
| Twinning Prison Project | – | 24,561 | (4,753) | 19,808 |
| Smart Meters | – | 2,312 | (2,312) | – |
| Disability Rights | – | 1,516 | (1,516) | – |
| Fit Fans | – | 8,065 | (8,065) | – |
| Skills Booster | – | 15,170 | (15,170) | – |
| Girls Talent | – | 1,000 | – | 1,000 |
| J H Rausling Trust | – | 7,920 | (7,920) | – |
| HAF | – | 13,026 | (13,026) | – |
| ৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | |
| – | 119,134 | (92,262) | 26,872 | |
| ৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ |
21
Hartlepool United Community Sports Foundation
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 January 2025
17. Analysis of net assets between funds
| Unrestricted | Restricted | Total Funds | ||
|---|---|---|---|---|
| Funds | Funds | 2025 | ||
| £ | £ | £ | ||
| Tangible fixed assets | 4,400 | – | 4,400 | |
| Current assets | 113,290 | 22,682 | 135,972 | |
| Creditors less than 1 year | (1,106) | – | (1,106) | |
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | ||
| Net assets | 116,584 | 22,682 | 139,266 | |
| ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | ||
| Unrestricted | Restricted | Total Funds | ||
| Funds | Funds | 2024 | ||
| £ | £ | £ | ||
| Tangible fixed assets | 3,450 | – | 3,450 | |
| Current assets | 153,972 | 26,872 | 180,844 | |
| Creditors less than 1 year | (1,054) | – | (1,054) | |
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | ||
| Net assets | 156,368 | 26,872 | 183,240 | |
| ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | ||
| 18. | Analysis of changes in net debt | |||
| At | ||||
| At 1 Feb 2024 | Cash flows | 31 Jan 2025 | ||
| £ | £ | £ | ||
| Cash at bank and in hand | 176,653 | (45,183) | 131,470 | |
| ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ |
22