COMPANY REGISTRATION NUMBER: 06506016 CHARITY REGISTRATION NUMBER: 1125613
Rutherford Association Football Club Unaudited Financial Statements
31 March 2022
MITCHELLS LIMITED
Chartered accountants Swallow House Parsons Road Washington Tyne & Wear NE37 1EZ
Rutherford Association Football Club
Financial Statements
Year ended 31 March 2022
| Page | |
|---|---|
| Trustees' annual report (incorporating the director's report) | 1 |
| Independent examiner's report to the trustees | 6 |
| Statement of financial activities (including income and | |
| expenditure account) | 8 |
| Statement of financial position | 9 |
| Statement of cash flows | 11 |
| Notes to the financial statements | 12 |
| The following pages do not form part of the financial statements | |
| Detailed statement of financial activities | 24 |
| Notes to the detailed statement of financial activities | 26 |
Rutherford Association Football Club
Trustees' Annual Report (Incorporating the Director's Report)
Year ended 31 March 2022
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 March 2022.
Reference and administrative details
Registered charity name Rutherford Association Football Club Charity registration number 1125613 Company registration number 06506016 Principal office and registered Farnacres office Coach Road Lobley Hill Gateshead Tyne and Wear NE11 0HH The trustees Mr J Cairns Mr I Innes (Resigned 22 October 2021) Ms K McQueen-Williams Mr N Winchester Mr I Wildgoose Mr I Robinson Mr S Porter Mr D Bryce Independent examiner Mitchells Limited Swallow House Parsons Road Washington Tyne & Wear NE37 1EZ
Structure, governance and management
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
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Rutherford Association Football Club
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 March 2022
Structure, governance and management (continued)
Recruitment and appointment of new trustees
The directors of the company are also charity trustees and are known as the management executive. All members of the management executive give their time voluntarily and receive no benefits from the charity. Trustee appointments are ratified at the charity's annual general meeting.
The ethos of the club - to give every person the opportunity - is key to the charity's decision making in this field and the charity looks to ensure representation of all groups. To ensure this broad mix of representation continues individuals are approached to offer themselves for election to the management executive.
Policies and Procedures for the Induction and Training of New Trustees Most new trustees are already familiar with the practical work of the charity. All trustees receive training regarding the running of the organisation to ensure such familiarisation and the context to which the charity works. Trustees continue to receive input from the Gateshead Voluntary Organisations Council (GVOC) regarding management executive obligations, the operational framework with which the charity operates, resourcing, finance and future plans and objectives.
Organisational structure
The charity is governed by an executive management committee of up to nine Trustees who oversee the running of the organisation and receive regular reports from the management structure. The day-today running of the facility is left in the hands of the Club Secretary (responsible for all football matters) and the Clubhouse Manager (responsible for the running of the new clubhouse facility).
As the charity progresses, full and part-time workers have been employed to ensure a professional outlook, though the majority of those involved in the running of the club are volunteers. In total the organisation had eight employees, most of them part-time apart from the Clubhouse Manager who works 40 hours per week. Rutherford AFC employs the groundsman and funds his wage and this year included the wage of the Awards For All project worker. Our trading arm supports the charity by employing and paying the wages of the other six staff members.
Objectives and activities
Purpose and aims
The charity's purposes as set out in the objects contained in the company's memorandum of association are:
"The promotion of community participation in healthy recreation for the benefit of those, primarily but not limited to, living within Gateshead and surrounding areas, by the provision of facilities for the playing of football and other sports and related activities; and To educate and raise awareness of people living primarily but not limited to Gateshead and surrounding areas, regarding health and fitness designed to improve conditions of life"
The charity's objectives include the provision of association football and other social and recreational activities for its members. Rutherford AFC is particularly proud of its 'all-inclusive' policy which sets it differently to other clubs in the area.
Ensuring our work delivers our aims
We review our aims, objectives and activities each year. This review looks at what we have achieved and the outcomes of our work in the previous 12 months (April 2021 to March 2022). The Trustees meet regularly and receive reports from the Operations and Clubhouse Managers at each meeting.
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Rutherford Association Football Club
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 March 2022
Objectives and activities (continued)
The focus of our work
The Rutherford Association Football club (the charity) focus is to promote personal, wellbeing and social development by providing an inclusive environment through the platform of Football. We do this by having a very clear ethos that everyone is welcome to participate in our activities. Regardless of age, gender, ability, disability or religious beliefs.
The development of the charities beneficiaries is the key to our growth and success as we heavily rely on volunteers to support our work. We have longstanding volunteers who now support our strategic vision and members of our board of trustees. We support volunteers by offering opportunities to participate in sporting activities, gaining new skills and support on gaining qualifications that will support their personal development.
We see football as the vehicle for this individual development and our succession planning is in having the youth of today as our peers for the future. With the introduction of further sports and holiday hunger activities through school holidays we aim to extend this view and give further opportunities for the community to get involved within a sport.
The charity has a long-standing football academy which encompasses coaching across a wide variety of age groups. Our core objectives remain the provision of football opportunities for all with grassroots and recreational teams at all levels. This starts with our "Soccer Tots" sessions for 4 and 5 year olds, which have seen a steady growth in numbers of attendees. In addition to that we have boys and girls teams from the ages of 7 through to under 23's, a senior section that includes two senior men's teams, an over 40's team and a senior women's team. The senior teams complete the playing pathway and provide players with the ability to progress to a new level and a route into senior football which keeps them involved with the club.
We support other "none football" community groups which includes keep fit classes, local Brownies, Rainbow group, coffee mornings, book swap club, ramblers association. Our holiday hunger provision in partnership with Gateshead Council and DFE has seen over 100 families that are eligible for free school meals access fun, engaging and safe activities as well as providing the children with a balanced lunch and fruit to take home with them.
The charity provides the vehicle for all interested parties to either play or become involved. What is the key to our aims is the promotion of players from the youth system into the senior teams. It has been clear for several years that many youth players are lost to the game when they reach adult age as other junior clubs have no exit policy for these players. Our objectives remain to promote these players into the senior squads, thus reducing the number of young players leaving the sport.
As well as extending playing opportunities the charity continues to develop its own bank of volunteers, with all coaches and administrative volunteer roles as the club filled as a result of developing our beneficiaries. In addition, we have links with local colleges and Universities and we now have a number of students on volunteer placements in areas such as coaching, sports therapy, etc. This is an ongoing programme and features new volunteers every year.
Our junior membership continues to increase year on year seeing several teams at most mini soccer age groups. All of our activities have the common aim of encouraging people of all ages, sex, race and creed to engage in sporting activities of all kinds to improve their quality of life.
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Rutherford Association Football Club
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 March 2022
Objectives and activities (continued)
Public benefit
The charity has an 'open door' policy. Irrespective of age or ability any person who wishes to participate in our activities can have access to the facility. The club is accessible to all, with all coaches and volunteers fully qualified in their appropriate field.
The charity is the only club in the Borough of Gateshead to give football opportunities to boys, girls, men and women. The third-generation floodlit training facility has been recognised to ensure that maximum usage continues involving club training and community bookings. We now have several community bookings throughout the year who 'block book' the court, thus providing members of the community outside the club to participate in association football. As a result income generation has significantly increased.
Achievements and performance
Achievements and performance
The charity measures it's achievements not only by the number of our beneficiaries. But the life changes we see in them. This year we developed an inclusive "footability" community session which gives those with a SEN or disability a platform to play football. As a result we have created two disability affiliated junior football teams which will compete. Typically children with a SEN or disability are unable to participate in competitive football. However, due to our ethos the families feel welcomed and part of our "family". This project has also promoted young adults with a disability to express an interest in coaching and supporting our project.
As it did for other charities Covid-19 played a damaging factor to our growth and strategic plans. However, the charity supported our community with food packages for those most in need such as nursing homes. We did average welfare check ins via social platforms to our beneficiaries and supported those who were deemed as vulnerable and attending school or alternative provisions with a safe space to do PE on our training facility.
Financial review
Principal funding sources
Grant applications are a key area of funding for the organisation. However, the charity are now accepting personal donations and gift aid donation to support our work. The major source of income however is the business arm of the Charity, Farnacres Ltd, which continues to grow and support the key objectives of the Charity.
Reserves policy
The Trustees are to maintain a policy of retaining sufficient reserves to cover any contingency purposes. Generally, reserves will be around the figure of running costs for three months. Reserves are needed to meet the working capital requirements of the charity and the management committee are confident that they can ensure the continuation of the current activities of the charity in the event of a drop in funding. The charity has identified a number of potential funding sources to assist with the building up of reserves. These sources are being targeted this year in conjunction with a strategy of building reserves through planned operating surpluses.
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Rutherford Association Football Club
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 March 2022
Small company provisions
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
The trustees' annual report was approved on 19 December 2022 and signed on behalf of the board of trustees by:
Jamie cairns (Dec 22, 2022 11:38 GMT)
Mr J Cairns Trustee
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Rutherford Association Football Club
Independent Examiner's Report to the Trustees of Rutherford Association Football Club
Year ended 31 March 2022
I report to the trustees on my examination of the financial statements of Rutherford Association Football Club ('the charity') for the year ended 31 March 2022.
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:
-
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).
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Rutherford Association Football Club
Independent Examiner's Report to the Trustees of Rutherford Association Football Club (continued)
Year ended 31 March 2022
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.
Mitchells
Mitchells (Dec 22, 2022 11:43 GMT)
Mitchells Limited Independent Examiner
Swallow House Parsons Road Washington Tyne & Wear NE37 1EZ
19 December 2022
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Rutherford Association Football Club
Statement of Financial Activities (including income and expenditure account)
Year ended 31 March 2022
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | ||||
| funds | funds | Total funds | Total funds | ||
| Note | £ | £ | £ | £ | |
| Income and endowments | |||||
| Donations and legacies | 5 | 73,334 | – | 73,334 | 77,017 |
| Charitable activities | 6 | – | 38,006 | 38,006 | 16,004 |
| Other trading activities | 7 | 22,124 | – | 22,124 | 2,340 |
| Investment income | 8 | – | – | – | 1 |
| ──────── | ──────── | ───────── | ──────── | ||
| Total income | 95,458 | 38,006 | 133,464 | 95,362 | |
| ════════ | ════════ | ═════════ | ════════ | ||
| Expenditure on charitable activities | |||||
| Premises costs | 9,10 | 29,498 | 68,511 | 98,009 | 93,835 |
| Staff costs | 12,000 | - | 12,000 | 16,005 | |
| Football and other activity costs | 64,513 | 3,580 | 68,093 | 17,712 | |
| ───────── | ──────── | ───────── | ───────── | ||
| Total expenditure | 106,011 | 72,091 | 178,102 | 127,552 | |
| ═════════ | ════════ | ═════════ | ═════════ | ||
| ───────── | ──────── | ───────── | ───────── | ||
| Net expenditure and net movement | in | ||||
| funds | (10,553) | (34,085) | (44,638) | (32,190) | |
| ═════════ | ════════ | ═════════ | ═════════ | ||
| Reconciliation of funds | |||||
| Total funds brought forward | 93,969 | 509,343 | 603,312 | 635,502 | |
| ───────── | ───────── | ───────── | ───────── | ||
| Total funds carried forward | 83,416 ═════════ |
475,258 ═════════ |
558,674 ═════════ |
603,312 ═════════ |
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.
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Rutherford Association Football Club
Statement of Financial Position
31 March 2022
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Note | £ | £ | £ | £ | |
| Fixed assets | |||||
| Tangible fixed assets | 15 | 453,123 | 521,501 | ||
| Investments | 16 | 100 | 100 | ||
| ───────── | ───────── | ||||
| 453,223 | 521,601 | ||||
| Current assets | |||||
| Debtors | 17 | 30,805 | 33,898 | ||
| Cash at bank and in hand | 78,102 | 49,013 | |||
| ───────── | ──────── | ||||
| 108,907 | 82,911 | ||||
| Creditors: amounts falling due | |||||
| within one year | 18 | 3,456 | 1,200 | ||
| ───────── | ──────── | ||||
| Net current assets | 105,451 | 81,711 | |||
| ───────── | ───────── | ||||
| Total assets less current liabilities | 558,674 | 603,312 | |||
| ───────── | ───────── | ||||
| Net assets | 558,674 | 603,312 | |||
| ═════════ | ═════════ | ||||
| Funds of the charity | |||||
| Restricted funds | 475,258 | 509,343 | |||
| Unrestricted funds | 83,416 | 93,969 | |||
| ───────── | ───────── | ||||
| Total charity funds | 20 | 558,674 ═════════ |
603,312 ═════════ |
For the year ending 31 March 2022 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
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;
-
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.
The statement of financial position
continues on the following page.
The notes on pages 12 to 22 form part of these financial statements.
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Rutherford Association Football Club
Statement of Financial Position (continued)
31 March 2022
These financial statements were approved by the board of trustees and authorised for issue on 19 December 2022, and are signed on behalf of the board by:
Jamie cairns (Dec 22, 2022 11:38 GMT)
Mr J Cairns Trustee
The notes on pages 12 to 22 form part of these financial statements.
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Rutherford Association Football Club
Statement of Cash Flows
Year ended 31 March 2022
| 2022 | 2021 | |
|---|---|---|
| £ | £ | |
| Cash flows from operating activities | ||
| Net expenditure | (44,638) | (32,190) |
| Adjustments for: | ||
| Depreciation of tangible fixed assets | 68,511 | 68,486 |
| Other interest receivable and similar income | – | (1) |
| Accrued expenses | 2,200 | 1,200 |
| Changes in: | ||
| Trade and other debtors | 3,093 | (33,898) |
| Trade and other creditors | 56 | 208 |
| ──────── | ──────── | |
| Cash generated from operations | 29,222 | 37,286 |
| Interest received | – | 1 |
| ──────── | ─────── | |
| Net cash from operating activities | 29,222 | 37,287 |
| ════════ | ═══════ | |
| Cash flows from investing activities | ||
| Purchase of tangible assets | (133) | – |
| ──────── | ─────── | |
| Net cash used in investing activities | (133) | – |
| ════════ | ═══════ | |
| Net increase in cash and cash equivalents | 29,089 | 37,287 |
| Cash and cash equivalents at beginning of year | 49,013 | 11,726 |
| ──────── | ─────── | |
| Cash and cash equivalents at end of year | 78,102 ════════ |
49,013 ═══════ |
The notes on pages 12 to 22 form part of these financial statements.
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Rutherford Association Football Club
Notes to the Financial Statements
Year ended 31 March 2022
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 Farnacres, Coach Road, Lobley Hill, Gateshead, Tyne and Wear, NE11 0HH.
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
Future plans
Our facility to continue to be a social inclusion hub for the local community to attend.
To develop further community projects to capture the interest of our community such as dog friendly activities, elderly and veteran projects.
Continue to develop our members as footballers and or coaches but, also guide them to develop as people to support their community.
To continue the development of all volunteers through continued qualifications such as FA badges, safeguarding training, Health & Safety, Food Hygiene.
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Rutherford Association Football Club
Notes to the Financial Statements (continued)
Year ended 31 March 2022
3. Accounting policies (continued)
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.
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:
-
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.
-
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.
-
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.
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Rutherford Association Football Club
Notes to the Financial Statements (continued)
Year ended 31 March 2022
3. Accounting policies (continued)
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:
-
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.
Operating leases
Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line 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.
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:
Freehold property - 20% on cost and 2% on cost Plant and machinery - 20% on cost
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Rutherford Association Football Club
Notes to the Financial Statements (continued)
Year ended 31 March 2022
3. Accounting policies (continued)
Investments
Unlisted equity investments are initially recorded at cost, and subsequently measured at fair value. If fair value cannot be reliably measured, assets are measured at cost less impairment.
Listed investments are measured at fair value with changes in fair value being recognised in income or expenditure.
Investments in associates
Investments in associates accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses.
Investments in associates accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value taken through income or expenditure. Where it is impracticable to measure fair value reliably without undue cost or effort, the cost model will be adopted.
Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the associate arising before or after the date of acquisition.
Investments in joint ventures
Investments in jointly controlled entities accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses.
Investments in jointly controlled entities accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value taken through income or expenditure. Where it is impracticable to measure fair value reliably without undue cost or effort, the cost model will be adopted.
Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the joint venture arising before or after the date of acquisition.
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 cash-generating 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.
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Rutherford Association Football Club
Notes to the Financial Statements (continued)
Year ended 31 March 2022
3. Accounting policies (continued)
Impairment of fixed assets (continued)
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.
Financial instruments
A financial asset or a financial liability is recognised only when the charity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs.
Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted.
Debt instruments are subsequently measured at amortised cost.
Where investments in shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in income and expenditure. All other such investments are subsequently measured at cost less impairment.
Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Other financial instruments are subsequently measured at fair value, with any changes recognised in the statement of financial activities, with the exception of hedging instruments in a designated hedging relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised under the appropriate heading in the statement of financial activities in which the initial gain was recognised.
For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impairment are recognised immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
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Rutherford Association Football Club
Notes to the Financial Statements (continued)
Year ended 31 March 2022
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
The charity is a company limited by guarantee and has no share capital. The liability of each member in the event of winding-up is limited to £1.
5. Donations and legacies
| Unrestricted | Total Funds | Unrestricted | Total Funds | |
|---|---|---|---|---|
| Funds | 2022 | Funds | 2021 | |
| £ | £ | £ | £ | |
| Donations | ||||
| Donations | 58,879 | 58,879 | 3,186 | 3,186 |
| Gift aid | 6,146 | 6,146 | 12,046 | 12,046 |
| Grants | ||||
| Grant income | – | – | 12,720 | 12,720 |
| Subscriptions | ||||
| Subscriptions | 8,309 | 8,309 | 49,065 | 49,065 |
| ──────── | ──────── | ──────── | ──────── | |
| 73,334 | 73,334 | 77,017 | 77,017 | |
| ════════ | ════════ | ════════ | ════════ | |
| Income from charitable activities | ||||
| Restricted | Total Funds | Restricted | Total Funds | |
| Funds | 2022 | Funds | 2021 | |
| £ | £ | £ | £ | |
| Grants | 38,006 | 38,006 | 16,004 | 16,004 |
| ════════ | ════════ | ════════ | ════════ |
6. Income from charitable activities
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Rutherford Association Football Club
Notes to the Financial Statements (continued)
Year ended 31 March 2022
7. Other trading activities
| Unrestricted | Total Funds | Unrestricted | Total Funds | |
|---|---|---|---|---|
| Funds | 2022 | Funds | 2021 | |
| £ | £ | £ | £ | |
| Sponsorship and fundraising | 18,316 | 18,316 | 1,192 | 1,192 |
| Sale of kit | 1,412 | 1,412 | 985 | 985 |
| Fines | 665 | 665 | 163 | 163 |
| Facility hire | 1,065 | 1,065 | – | – |
| Refunds received | 666 | 666 | – | – |
| ──────── | ──────── | ─────── | ─────── | |
| 22,124 ════════ |
22,124 ════════ |
2,340 ═══════ |
2,340 ═══════ |
8. Investment income
| Unrestricted | Total Funds | Unrestricted | Total Funds | |
|---|---|---|---|---|
| Funds | 2022 | Funds | 2021 | |
| £ | £ | £ | £ | |
| Bank interest receivable | – | – | 1 | 1 |
| ════ | ════ | ════ | ════ | |
| Expenditure on charitable activities | by fund type | |||
| Unrestricted | Restricted | Total Funds | ||
| Funds | Funds | 2022 | ||
| £ | £ | £ | ||
| Staff costs | 12,000 | – | 12,000 | |
| Football and other activity costs | 64,513 | 3,580 | 68,093 | |
| Premises costs | 29,498 | 68,511 | 98,009 | |
| ───────── | ──── | ───────── | ||
| 106,011 | 72,091 | 178,102 | ||
| ═════════ | ════ | ═════════ | ||
| Unrestricted | Restricted | Total Funds | ||
| Funds | Funds | 2021 | ||
| £ | £ | £ | ||
| Staff costs | 7,928 | 8,077 | 16,005 | |
| Football and other activity costs | 12,886 | 4,827 | 17,713 | |
| Premises costs | 26,596 | 67,238 | 93,834 | |
| ──────── | ──────── | ───────── | ||
| 47,410 | 80,142 | 127,552 | ||
| ════════ | ════════ | ═════════ |
9. Expenditure on charitable activities by fund type
- 18 -
Rutherford Association Football Club
Notes to the Financial Statements (continued)
Year ended 31 March 2022
10. Expenditure on charitable activities by activity type
| Activities | ||||
|---|---|---|---|---|
| undertaken | Total funds | Total fund | ||
| directly | 2022 | 2021 | ||
| £ | £ | £ | ||
| Staff costs | 12,,000 | 12,000 | 16,005 | |
| Football and other activity costs | 68,093 | 68,093 | 17,713 | |
| Premises costs | 98,009 | 98,009 | 93,834 | |
| ───────── | ───────── | ───────── | ||
| 178,102 | 178,102 | 127,552 | ||
| ═════════ | ═════════ | ═════════ | ||
| 11. | Net expenditure | |||
| Net expenditure is stated after charging/(crediting): | ||||
| 2022 | 2021 | |||
| £ | £ | |||
| Depreciation of tangible fixed assets | 68,511 | 68,486 | ||
| Operating lease rentals | 6,807 | 2,032 | ||
| ════════ | ════════ | |||
| 12. | Independent examination fees | |||
| 2022 | 2021 | |||
| £ | £ | |||
| Fees payable to the independent examiner for: | ||||
| Independent examination of the financial statements | 1,200 ═══════ |
1,200 ════ |
13. Staff costs
The total staff costs and employee benefits for the reporting period are analysed as follows:
| 2022 | 2021 | |
|---|---|---|
| £ | £ | |
| Wages and salaries | 12,000 | 15,622 |
| Employer contributions to pension plans | – | 383 |
| ──── | ──────── | |
| 12,000 ════ |
16,005 ════════ |
| The average head count of employees during the year was 2 (2021: 2). The average | The average head count of employees during the year was 2 (2021: 2). The average | number | of |
|---|---|---|---|
| full-time equivalent employees during the year is analysed as follows: | |||
| 2022 | 2021 | ||
| No. | No. | ||
| Number of staff | 2 | 2 | |
| ════ | ════ |
No employee received employee benefits of more than £60,000 during the year (2021: Nil).
14. Trustee remuneration and expenses
There were no trustees' remuneration or other benefits for the year ended 31 March 2022 nor for the year ended 31 March 2021.
- 19 -
Rutherford Association Football Club
Notes to the Financial Statements (continued)
Year ended 31 March 2022
| 15. | Tangible fixed assets | |||
|---|---|---|---|---|
| Freehold | Plant and | |||
| property | machinery | Total | ||
| £ | £ | £ | ||
| Cost | ||||
| At 1 April 2021 | 1,275,841 | 44,877 | 1,320,718 | |
| Additions | – | 133 | 133 | |
| ──────────── | ──────── | ──────────── | ||
| At 31 March 2022 | 1,275,841 | 45,010 | 1,320,851 | |
| ════════════ | ════════ | ════════════ | ||
| Depreciation | ||||
| At 1 April 2021 | 770,078 | 29,139 | 799,217 | |
| Charge for the year | 61,690 | 6,821 | 68,511 | |
| ──────────── | ──────── | ──────────── | ||
| At 31 March 2022 | 831,768 | 35,960 | 867,728 | |
| ════════════ | ════════ | ════════════ | ||
| Carrying amount | ||||
| At 31 March 2022 | 444,073 | 9,050 | 453,123 | |
| ════════════ | ════════ | ════════════ | ||
| At 31 March 2021 | 505,763 | 15,738 | 521,501 | |
| ════════════ | ════════ | ════════════ | ||
| 16. | Investments | |||
| Shares in | ||||
| group | ||||
| undertakings | ||||
| £ | ||||
| Cost or valuation | ||||
| At 1 April 2021 and 31 March 2022 | 100 | |||
| ════ | ||||
| Impairment | ||||
| At 1 April 2021 and 31 March 2022 | – | |||
| ════ | ||||
| Carrying amount | ||||
| At 31 March 2022 | 100 | |||
| ════ | ||||
| At 31 March 2021 | 100 | |||
| ════ | ||||
| All investments shown above are held at valuation. | ||||
| 17. | Debtors | |||
| 2022 | 2021 | |||
| £ | £ | |||
| Amounts owed by group undertakings | 22,547 | 32,175 | ||
| Prepayments and accrued income | 267 | 267 | ||
| Other debtors | 7,991 | 1,456 | ||
| ──────── | ──────── | |||
| 30,805 | 33,898 | |||
| ════════ | ════════ |
- 20 -
Rutherford Association Football Club
Notes to the Financial Statements (continued)
Year ended 31 March 2022
18. Creditors: amounts falling due within one year
| 2022 | 2021 | |
|---|---|---|
| £ | £ | |
| Trade creditors | 56 | – |
| Accruals and deferred income | 3,400 | 1,200 |
| ─────── | ─────── | |
| 3,456 ═══════ |
1,200 ═══════ |
19. 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 £Nil (2021: £383).
20. Analysis of charitable funds
Unrestricted funds
| Unrestricted funds | |||||
|---|---|---|---|---|---|
| At | |||||
| At | 31 March 202 | ||||
| 1 | April 2021 | Income | Expenditure | 2 | |
| £ | £ | £ | £ | ||
| General fund | 93,969 | 95,458 | (178,102) | 11,325 | |
| ════════ | ════════ | ═════════ | ════════ | ||
| At | |||||
| At | 31 March 202 | ||||
| 1 | April 2020 | Income | Expenditure | 1 | |
| £ | £ | £ | £ | ||
| General fund | 62,021 | 79,358 | (47,410) | 93,969 | |
| ════════ | ════════ | ════════ | ════════ |
- 21 -
Rutherford Association Football Club
Notes to the Financial Statements (continued)
Year ended 31 March 2022
20. Analysis of charitable funds (continued)
Restricted funds
| Restricted funds | |||||
|---|---|---|---|---|---|
| At | |||||
| At 1 April 2021 | Income | Expenditure | 31 March 2022 | ||
| £ | £ | £ | £ | ||
| Football Foundation Capital Fund | 505,763 | 38,006 | – | 543,769 | |
| Awards For All-Take a Change Project | – | – | – | – | |
| National Lottery Community Fund- | |||||
| Helping Vulnerable People | 3,580 | – | 3,580 | - | |
| ───────── | ──────── | ──── | ───────── | ||
| 509,343 | 38,006 | 3,580 | 543,769 | ||
| ═════════ | ════════ | ════ | ═════════ | ||
| At | |||||
| At 1 April 2020 | Income | Expenditure | 31 March 2021 | ||
| £ | £ | £ | £ | ||
| Football Foundation Capital Fund | 567,434 | 12,424 | (74,095) | 505,763 | |
| Awards For All-Take a Change Project | 6,047 | – | (6,047) | – | |
| National Lottery Community Fund- | |||||
| Helping Vulnerable People | – | 3,580 | – | 3,580 | |
| ───────── | ──────── | ──────── | ───────── | ||
| 573,481 | 16,004 | (80,142) | 509,343 | ||
| ═════════ | ════════ | ════════ | ═════════ | ||
| Analysis of changes in net debt | |||||
| At | |||||
| At 1 Apr 2021 | Cash flows | 31 Mar 2022 | |||
| £ | £ | £ | |||
| Cash at bank and in hand | 49,013 ════════ |
29,089 ════════ |
78,102 ════════ |
21. Analysis of changes in net debt
- 22 -
Rutherford Association Football Club
Management Information
Year ended 31 March 2022
The following pages do not form part of the financial statements.
- 23 -
Rutherford Association Football Club
Detailed Statement of Financial Activities
Year ended 31 March 2022
| 2022 | 2021 | |
|---|---|---|
| £ | £ | |
| Income and endowments | ||
| Donations and legacies | ||
| Donations | 58,879 | 3,186 |
| Gift aid | 6,146 | 12,046 |
| Grant income | – | 12,720 |
| Subscriptions | 8,309 | 49,065 |
| ──────── | ──────── | |
| 73,334 | 77,017 | |
| ──────── | ──────── | |
| Charitable activities | ||
| Grants | 38,006 | 16,004 |
| ──────── | ──────── | |
| Other trading activities | ||
| Sponsorship and fundraising | 18,316 | 1,192 |
| Sale of kit | 1,412 | 985 |
| Fines | 665 | 163 |
| Facility hire | 1,065 | – |
| Refunds received | 666 | – |
| ──────── | ─────── | |
| 22,124 | 2,340 | |
| ──────── | ─────── | |
| Investment income | ||
| Bank interest receivable | – | 1 |
| ──── | ──── | |
| ───────── | ──────── | |
| Total income | 133,464 | 95,362 |
| ═════════ | ════════ | |
| Total expenditure | 178,102 | 127,552 |
| ──── | ──── | |
| Net expenditure | (44,638) ──── |
(32,190) ──── |
- 24 -
Rutherford Association Football Club
Notes to the Detailed Statement of Financial Activities
Year ended 31 March 2022
| 2022 | 2021 | |
|---|---|---|
| £ | £ | |
| Expenditure on charitable activities | ||
| Staff costs | ||
| Activities undertaken directly | ||
| Wages and salaries | 12,000 | 15,622 |
| Other pension costs | – | 383 |
| ──── | ──────── | |
| 12,000 | 16,005 | |
| ──── | ──────── | |
| Football and other activity costs | ||
| Activities undertaken directly | ||
| Affiliation fees | 1,000 | 1,000 |
| Equipment costs | 17,246 | 5,152 |
| Events and activities | 1,870 | – |
| Tournament costs | 6,557 | 1,915 |
| Training facility | 7,809 | 3,284 |
| Travel costs | – | 211 |
| Professional fees | – | 449 |
| Fines | 2,581 | 352 |
| League fees | 3,860 | 3,735 |
| Medical costs | – | 345 |
| Training and coaching | 21,806 | 1,270 |
| Sessional work | 5,364 | – |
| ──────── | ──────── | |
| 68,093 | 17,713 | |
| ──────── | ──────── | |
| Premises costs | ||
| Activities undertaken directly | ||
| Depreciation | 68,511 | 68,486 |
| Rent and rates | 3,127 | 1,707 |
| Insurance | 3,439 | 8,029 |
| Bank charges | 250 | 117 |
| Accountancy charges | 1,200 | 1,200 |
| Light and heat | 10,941 | 6,874 |
| Telephone, printing & postage | 2,965 | 856 |
| Property repairs | 7,209 | 6,462 |
| Sundries | 65 | 103 |
| Advertising | 302 | – |
| ──────── | ──────── | |
| 98,009 | 93,834 | |
| ──────── | ──────── | |
| ───────── | ───────── | |
| Expenditure on charitable activities | 178,102 ═════════ |
127,552 ═════════ |
- 25 -
Rutherford Association Football Club (UTR: 1124216720) - Prepared by: Mitchells Limited on 21/12/2022 at 16:12
IRmark: To be calculated
HM Revenue & Customs
Company Tax Return CT600 (2022) Version 3
for accounting periods starting on or after 1 April 2015
Your Company Tax Return
If we send the company a 'Notice' to deliver a Company Tax Return it has to comply by the filing date or we charge a penalty, even if there is no tax to pay.
A return includes a Company Tax Return form, any supplementary pages, accounts, computations and any relevant information. The CT600 Guide tells you how the return must be formatted and delivered. It contains general information you may need to deliver your return, links to more detailed advice and box-by–box guidance for this form and the supplementary pages.
The forms in the CT600 series set out the information we need and provide a standard format for calculations.
Company information
| 1 Company name |
Rutherford Association Football Club | |||
| 2 Company registration number |
06506016 | |||
| 3 Tax reference |
1124216720 | |||
| 4 Type of company |
8 | |||
Northern Ireland
| Put an ‘X’ in the appropriate box(es) below | ||||
| 5 NI trading activity |
6 SME |
|||
| 7 NI employer |
8 Special circumstances |
|||
About this return
This is the tax return for the company named above, for the period below
| This is the tax return for the company named above, for the period below | This is the tax return for the company named above, for the period below | This is the tax return for the company named above, for the period below | This is the tax return for the company named above, for the period below | This is the tax return for the company named above, for the period below | This is the tax return for the company named above, for the period below | |
|---|---|---|---|---|---|---|
| 30 | from DD/MM/YYYY 35 |
to DD/MM/YYYY | ||||
| 01/04/2021 | ct2022v1 | 31/03/2022 | ||||
| Put an ‘X’ in the appropriate box(es) below | ||||||
| 40 | A repayment is due for this return period | |||||
| 45 | Claim or relief affecting an earlier period | |||||
| 50 | Making more than one return for this company now | |||||
| 55 | This return contains estimated figures | |||||
| 60 | Company part of a group that is not small | |||||
| 65 | Notice of disclosable avoidance schemes | |||||
| Transfer Pricing | ||||||
| 70 | Compensating adjustment claimed | |||||
| 75 | Company qualifies for SME exemption | |||||
For period 01/04/2021 to 31/03/2022
Page 1
Rutherford Association Football Club (UTR: 1124216720) - Prepared by: Mitchells Limited on 21/12/2022 at 16:12
IRmark: To be calculated
- About this return continued
| Accounts and computations | ||||
| 80 | I attach accounts and computations for the period to which this return relates | X | ||
| 85 | I attach accounts and computations for a different period | |||
| 90 | If you are not attaching the accounts and computations, explain why | |||
| PDF accounts attached with explanation | ||||
| Supplementary pages enclosed | ||||
| 95 | Loans and arrangements to participators by close companies -form CT600A | |||
| 100 | Controlled foreign companies and foreign permanent establishment exemptions -form CT600B | |||
| 105 | Group and consortium -form CT600C | |||
| 110 | Insurance -form CT600D | |||
| 115 | Charities and Community Amateur Sports Clubs (CASCs) -form CT600E | X | ||
| 120 | Tonnage Tax -form CT600F | |||
| 125 | Northern Ireland -form CT600G | |||
| 130 | Cross-border Royalties -form CT600H | |||
| 135 | Supplementary charge in respect of ring fence trades -form CT600I | |||
| 140 | Disclosure of Tax Avoidance Schemes -form CT600J | |||
| 141 | Restitution Tax -form CT600K | |||
| 142 | Research and Development -form CT600L | |||
| . | ||||
| 143 | Freeports –form CT600M | |||
Tax calculation
Turnover
| 145 Total turnover from trade |
133,464 | ||
| 150 Banks, building societies, insurance companies and other financial concerns |
|||
–put an ‘X’ in this box if you do not have a recognised turnover and have not made an entry in box 145 |
|||
| Income | |||
| 155 Trading profits |
- | ||
| 160 Trading losses brought forward set against trading profits |
- | ||
| 165 Net trading profits –box 155 minus box 160 |
- | ||
| 170 Bank, building society or other interest, and profits from non-trading loan relationships |
- | ||
| 172 Put an ‘X’ in box 172 if the figure in box 170 is net of carrying back a deficit from a later accounting period |
|||
For period 01/04/2021 to 31/03/2022
Page 2
Rutherford Association Football Club (UTR: 1124216720) - Prepared by: Mitchells Limited on 21/12/2022 at 16:12
IRmark: To be calculated
- Income continued
| 175 Annual payments not otherwise charged to Corporation Tax and from which Income Tax has not been deducted |
- | |
| 180 Non-exempt dividends or distributions from non-UK resident companies |
- | |
| 185 Income from which Income Tax has been deducted |
- | |
| 190 Income from a property business |
- | |
| 195 Non-trading gains on intangible fixed assets |
- | |
| 200 Tonnage Tax profits |
- | |
| 205 Income not falling under any other heading |
- | |
| Chargeable gains | ||
| 210 Gross chargeable gains |
- | |
| 215 Allowable losses including losses brought forward |
- | |
| 220 Net chargeable gains -box 210 minus box 215 |
- | |
| Profits before deductions and reliefs | ||
| 225 Losses brought forward against certain investment income |
- | |
| 230 Non-trade deficits on loan relationships (including interest) and derivative contracts (financial instruments) brought forward set against non-trading profits |
- | |
| 235 Profits before other deductions and reliefs -net sum of boxes 165 to 205 and 220 minus sum of boxes 225 and 230 |
- | |
Deductions and reliefs
| 240 Losses on unquoted shares |
- | |
| 245 Management expenses |
- | |
| 250 UK property business losses for this or previous accounting period |
- | |
| 255 Capital allowances for the purposes of management of the business |
- | |
| 260 Non-trade deficits for this accounting period from loan relationships and derivative contacts (financial instruments) |
- | |
For period 01/04/2021 to 31/03/2022
Page 3
Rutherford Association Football Club (UTR: 1124216720) - Prepared by: Mitchells Limited on 21/12/2022 at 16:12
IRmark: To be calculated
- Deductions and reliefs continued
| 263 Carried forward non-trade deficits from loan relationships and derivative contracts (financial instruments) |
- | ||
| 265 Non-trading losses on intangible fixed assets |
- | ||
| 275 Total trading losses of this or a later accounting period |
- | ||
| 280 Put an ‘X’ in box 280 if amounts carried back from later accounting periods are included in box 275 |
|||
| 285 Trading losses carried forward and claimed against total profits |
- | ||
| 290 Non-trade capital allowances |
- | ||
| 295 Total of deductions and reliefs –total of boxes 240 to 275, 285 and 290 |
- | ||
| 300 Profits before qualifying donations and group relief –box 235 minus box 295 |
- | ||
| 305 Qualifying donations |
- | ||
| 310 Group relief |
- | ||
| 312 Group relief for carried forward losses |
- | ||
| 315 Profits chargeable to Corporation Tax –box 300 minus boxes 305, 310 and 312 |
- | ||
| 320 Ring fence profits included |
- | ||
| 325 Northern Ireland profits included |
- | ||
Tax calculation
Enter how much profit has to be charged and at what rate
| Financial year (yyyy) |
Amount of profit | Rate of tax % |
Tax | Tax | ||||
|---|---|---|---|---|---|---|---|---|
| 330 | 335 | - | 340 | - | 345 | - | ||
| 350 | - | 355 | 360 | - | ||||
| 365 | - | 370 | 375 | - | ||||
| 380 | 385 | - | 390 | - | 395 | - | ||
| 400 | - | 405 | 410 | - | ||||
| 415 | - | 420 | 425 | - | ||||
| Corporation Tax -total of boxes 345, 360, 375, 395, 410 and 425 | 430 | - | ||||||
| Marginal relief for ring fence trades | 435 | - | ||||||
| Corporation Tax chargeable -box 430 minus box 435 | 440 | - | ||||||
For period 01/04/2021 to 31/03/2022
Page 4
Rutherford Association Football Club (UTR: 1124216720) - Prepared by: Mitchells Limited on 21/12/2022 at 16:12
IRmark: To be calculated
Reliefs and deductions in terms of tax
| 445 Community Investment Relief |
- | ||
| 450 Double Taxation Relief |
- | ||
| 455 Put an ‘X’ in box 455 if box 450 includes an underlying Rate relief claim |
|||
| 460 Put an ‘X’ in box 460 if box 450 includes any amount carried back from a later period |
|||
| 465 Advance Corporation Tax |
- | ||
| 470 Total reliefs and deduction in terms of tax -total of boxes 445, 450 and 465 |
- | ||
| Coronavirus support schemes and overpayments (see CT600 guide for definitions) | |||
| 471 Coronavirus Job Retention Scheme (CJRS) received |
- | ||
| 472 CJRS entitlement |
- | ||
| 473 CJRS overpayment already assessed or voluntary disclosed |
- | ||
| 474 Other coronavirus overpayments |
- | ||
Calculation of tax outstanding or overpaid
| 475 Net Corporation Tax liability – box 440 minus box 470 |
- | ||
| 480 Tax payable on loans and arrangements to participators |
- | ||
| 485 Put an ‘X’ in box 485 if you completed box A70 in the supplementary pages CT600A |
|||
| 490 Controlled Foreign Companies (CFC) tax payable |
- | ||
| 495 Bank levy payable |
- | ||
| 496 Bank surcharge payable |
- | ||
| 500 CFC tax, bank levy and bank surcharge payable –total of box 490, 495 and 496 |
- | ||
| 505 Supplementary charge (ring fence trades) payable |
- | ||
| 510 Tax chargeable –total of boxes 475, 480, 500 and 505 |
- | ||
| 515 Income Tax deducted from gross income included in profits |
- | ||
| 520 Income Tax repayable to the company |
- | ||
| 525 Self-assessment of tax payable before restitution tax and coronavirus support scheme overpayments –box 510 minus box 515 |
- | ||
For period 01/04/2021 to 31/03/2022
Page 5
Rutherford Association Football Club (UTR: 1124216720) - Prepared by: Mitchells Limited on 21/12/2022 at 16:12
IRmark: To be calculated
- Calculation of tax outstanding or overpaid continued
| 526 Coronavirus support schemes overpayment now due –total of boxes 471 and 474 |
- | ||
| minus boxes 472 and 473 | |||
| 527 Restitution tax |
- | ||
| 528 Self-assessment of tax payable – total of boxes 525, 526 and 527 |
- | ||
| Tax reconciliation | |||
| 530 | Research and Development credit | - | |
| 535 | (Not currently used) | ||
| 540 | Creative tax credit | - | |
| 545 Total of Research and Development credit, and creative tax credit –total box 530 to 540 |
- | ||
| 550 | Land remediation tax credit | - | |
| 555 | Life assurance company tax credit | - | |
| 560 Total land remediation and life assurance company tax credit –total box 550 and 555 |
- | ||
| 565 Capital allowances first-year tax credit |
- | ||
| 570 Surplus Research and Development credits or creative tax credit payable –box 545 minus box 525 |
- | ||
| 575 Land remediation or life assurance company tax credit payable –total of boxes 545 and 560 minus boxes 525 and 570 |
- | ||
| 580 Capital allowances first-year tax credit payable –boxes 545, 560 and 565 minus boxes 525 570 and 575 |
- | ||
| , | |||
| 585 Ring fence Corporation Tax included |
- | ||
| 586 NI Corporation Tax included |
- | ||
| 590 Ring fence supplementary charge included |
- | ||
| 595 Tax already paid (and not already repaid) |
- | ||
| 600 Tax outstanding –box 525 minus boxes 545, 560, 565 and 595 |
- | ||
| 605 Tax overpaid including surplus or payable credits –total sum of boxes 545, 560, 565 and 595 minus 525 |
- | ||
For period 01/04/2021 to 31/03/2022
Page 6
Rutherford Association Football Club (UTR: 1124216720) - Prepared by: Mitchells Limited on 21/12/2022 at 16:12
IRmark: To be calculated
- Tax reconciliation continued
| 610 Group tax refunds surrendered to this company |
- | |||||||
| 615 Research and Development expenditure credits surrendered to this company |
- | |||||||
| Exporter information | ||||||||
| During the return period, did the company export goods and/or services to individuals, enterprises or organisations outside the United Kingdom (UK)? |
||||||||
| 616 Yes - goods |
617 Yes – services |
618 | No – neither | |||||
| Indicators and information | ||||||||
| 620 Franked investment income/Exempt ABGH distributions |
- | |||||||
| 625 Number of 51% group companies |
- | |||||||
| Put an ‘X’ in the relevant boxes, if in the period, the company: | ||||||||
| 630 should have made (whether it has or not) instalment payments as a large company under the Corporation Tax (Instalment Payments) Regulations |
||||||||
| 631 should have made (whether it has or not) instalment payments as a very large company under the Corporation Tax (Instalment Payments) Regulations |
||||||||
| 635 is within a group payments arrangement for the period |
||||||||
| 640 has written down or sold intangible assets |
||||||||
| 645 has made cross-border royalty payments |
||||||||
| 647 Eat Out to Help Out Scheme: reimbursed discounts included as taxable income |
- | |||||||
Information about enhanced expenditure
Research and Development (R&D) or creative enhanced expenditure
| 650 Put an ‘X’ in box 650 if the claim is made by a small or medium-sized enterprise (SME), including a SME subcontractor to a large company |
||||
| 655 Put an ‘X’ in box 655 if the claim is made by a large company |
||||
| 660 | R&D enhanced expenditure | - | ||
| 665 | Creative enhanced expenditure | - | ||
| 670 R&D and creative enhanced expenditure - total box 660 and 665 |
- | |||
| 675 R&D enhanced expenditure of an SME on work sub contracted to it by a large company |
- | |||
| 680 Vaccine research expenditure |
- | |||
| Land remediation enhanced expenditure | ||||
| 685 Enter the total enhanced expenditure |
- | |||
For period 01/04/2021 to 31/03/2022
Page 7
Rutherford Association Football Club (UTR: 1124216720) - Prepared by: Mitchells Limited on 21/12/2022 at 16:12
IRmark: To be calculated
Information about capital allowances and balancing charges
Allowances and charges in calculation of trading profits and losses
| Capital allowances | Balancing charges | |||||
| Annual investment allowance | 690 | - | ||||
| Machinery and plant - super-deduction | 691 | - | 692 | - | ||
| Machinery and plant - special rate allowance | 693 | - | 694 | - | ||
| Machinery and plant - special rate pool | 695 | - | 700 | - | ||
| Machinery and plant - main pool | 705 | - | 710 | - | ||
| Structures and buildings | 711 | - | ||||
| Business premises renovation | 715 | - | 720 | - | ||
| Other allowances and charges | 725 | - | 730 | - | ||
| Capital allowances | Disposal value | |||||
| Electric charge-points | 713 | - | 714 | - | ||
| Enterprise zones | 721 | - | 722 | - | ||
| Zero emissions goods vehicles | 723 | - | 724 | - | ||
| Zero emissions cars | 726 | - | 727 | - | ||
Allowances and charges not included in calculation of trading profits and losses
| Capital allowances | Balancing charges | |||||
| Annual investment allowance | 735 | - | ||||
| Structures and buildings | 736 | - | ||||
| Business premises renovation | 740 | - | 745 | - | ||
| Machinery and plant - super-deduction | 741 | - | 742 | - | ||
| Machinery and plant - special rate allowance | 743 | - | 744 | - | ||
| Other allowances and charges | 750 | - | 755 | - | ||
| Capital allowances | Disposal value | |||||
| Electric charge-points | 737 | - | 738 | - | ||
| Enterprise zones | 746 | - | 747 | - | ||
| Zero emissions goods vehicles | 748 | - | 749 | - | ||
| Zero emissions cars | 751 | - | 752 | - | ||
For period 01/04/2021 to 31/03/2022
Page 8
Rutherford Association Football Club (UTR: 1124216720) - Prepared by: Mitchells Limited on 21/12/2022 at 16:12
IRmark: To be calculated
Qualifying expenditure
| 760 Machinery and plant on which first year allowance is claimed |
- | |
| 765 Designated environmentally friendly machinery and plant |
- | |
| 770 Machinery and plant on long-life assets and integral features |
- | |
| 771 Structures and buildings |
- | |
| 772 Machinery and plant - super-deduction |
- | |
| 773 Machinery and plant - special rate allowance |
- | |
| 775 Other machinery and plant |
- | |
Losses, deficits and excess amounts
Amount arising
| Amount | Maximum available for surrender as group relief |
|||||
| Losses of trades carried on wholly or partly in the UK |
780 | 109,591 | 785 | 109,591 | ||
| Losses of trades carried on wholly outside the UK |
790 | - | ||||
| Non-trading deficits on loan relationships and derivative contracts |
795 | - | 800 | - | ||
| UK property business losses | 805 | - | 810 | - | ||
| Overseas property business losses | 815 | - | ||||
| Losses from miscellaneous transactions | 820 | - | ||||
| Capital losses | 825 | - | ||||
| Non-trading losses on intangible fixed assets | 830 | - | 835 | - | ||
Excess amounts
| Amount | Maximum available for surrender as |
|||||
| group relief | ||||||
| Non-trading capital allowances | 840 | - | ||||
| Qualifying donations | 845 | - | ||||
| Management expenses | 850 | - | 855 | - | ||
For period 01/04/2021 to 31/03/2022
Page 9
Rutherford Association Football Club (UTR: 1124216720) - Prepared by: Mitchells Limited on 21/12/2022 at 16:12
IRmark: To be calculated
Northern Ireland information
| 856 | Amount of group relief claimed which relates to NI trading losses used against rest of UK/mainstream profits |
- | |
| 857 | Amount of group relief claimed which relates to NI trading losses used against NI trading profits |
- | |
| 858 | Amount of group relief claimed which relates to rest of UK/mainstream losses used against NI trading profits |
- | |
Overpayments and repayments
Small repayments
| 860 | Do not repay sums of | - | or less. | ||
| Read the overpayments and repayments section of the Company Tax Return Guide for specific guidance on when and how to make an entry in this box. |
|||||
| Repayments for the period covered by this return | |||||
| 865 | Repayment of Corporation Tax | - | |||
| 870 | Repayment of Income Tax | - | |||
| 875 | Payable Research and Development tax credit | - | |||
| 880 | Payable Research and Development expenditure credit | - | |||
| 885 | Payable creative tax credit | - | |||
| 890 | Payable land remediation or life assurance company tax credit | - | |||
| 895 | Payable capital allowances first-year tax credit | - | |||
Surrender of tax refund within group
Including surrenders under the Instalment Payments Regulations.
| Including surrenders under the Instalment Payments Regulations. | Including surrenders under the Instalment Payments Regulations. | Including surrenders under the Instalment Payments Regulations. | Including surrenders under the Instalment Payments Regulations. | Including surrenders under the Instalment Payments Regulations. | Including surrenders under the Instalment Payments Regulations. |
|---|---|---|---|---|---|
| 900 | The following amount is to be surrendered | - | |||
| Put an 'X' in the appropriate box(es) below | |||||
| the joint Notice is attached | 905 | ||||
| or | |||||
| will follow | 910 | ||||
| 915 | Please stop repayment of the following amount until we send you the Notice | - | |||
For period 01/04/2021 to 31/03/2022
Page 10
Rutherford Association Football Club (UTR: 1124216720) - Prepared by: Mitchells Limited on 21/12/2022 at 16:12
IRmark: To be calculated
Bank details (for person to whom a repayment is to be made)
| 920 | Name of bank or building society | ||||||||
| 925 | Branch sort code | ||||||||
| 930 | Account number | ||||||||
| 935 | Name of account | ||||||||
| 940 | Building society reference | ||||||||
Payments to a person other than the company
| 945 | Complete the authority below if you want the repayment to be made to a person other than the company | ||
| I, as (enter status - company secretary, treasurer, liquidator or authorised agent, etc.) | |||
| 950 | of (enter company name) | ||
| 955 | authorise (enter name) | ||
| 960 | of address(enter address) | ||
| Postcode | |||
| 965 | Nominee reference | ||
| to receive payment on company's behalf | |||
| 970 | Name | ||
Declaration
Declaration
I declare that the information I have given on this Company Tax Return and any supplementary pages is correct and complete to the best of my knowledge and belief.
I understand that giving false information in the return, or concealing any part of the company’s profits or tax payable, can lead to both the company and me being prosecuted.
| 975 | Name | |||
|---|---|---|---|---|
| J L Cairns | ||||
| 980 | Date DD/MM/YYYY | |||
| 21/12/2022 | 2~~1/12/2023~~ Jamie cairns (Dec 22, 2022 11:38 GMT) |
|||
| 985 | Status | |||
| Director | ||||
For period 01/04/2021 to 31/03/2022
Page 11
Rutherford Association Football Club (UTR: 1124216720) - Prepared by: Mitchells Limited on 21/12/2022 at 16:12
IRmark: To be calculated
Company Tax Return – supplementary page Charities and Community Amateur Sports Clubs (CASCs) HM Revenue & Customs CT600E (2015) Version 3 for accounting periods starting on or after 1 April 2015
Guidance
Guidance about when and how to complete this supplementary page can be found in the CT600 Guide.
For further information read What supplementary pages do I need to complete and include as part of the Company Tax Return? to find out what supplementary pages you need to complete.
Also, read the Important points about all supplementary pages and CT600E – Charities and Community Amateur Sports Clubs (CASCs) for further guidance about completing this supplementary page.
Company information
| E1 | Company name | Rutherford Association Football Club | ||
| E2 | Tax reference | 1124216720 | ||
| Period covered by this supplementary page (cannot exceed 12 months) | ||||
| E3 | from DD/MM/YYYY | 01/04/2021 | ||
| E4 | to DD/MM/YYYY | 31/03/2022 | ||
Claims to exemption (this section should be completed in all cases)
| Charity/CASC repayment reference | E5 | ||||
| Charity Commission registration number, or Scottish Charity number (if applicable) |
E10 | 1125613 | |||
| Put an ‘X’ in the relevant box if during the period covered by these supplementary pages: | |||||
| The company was a charity/CASC and is claiming exemption from all tax on all or part of its income and |
E15 | X | |||
gains (Also put an ‘X’ in box E15 if the company was a charity/CASC but had no income or gains in the period) |
|||||
| All income and gains are exempt from tax and have been will be applied for charitable or qualifying purposes |
E20 | X | |||
| , , only |
|||||
| Some of the income and gains may not be exempt or have not been applied for charitable or qualifying |
E25 | ||||
purposes only, and I have completed form CT600 |
|||||
| I claim exemption from tax | |||||
| Name | E30 | J L Cairns | |||
| Status | E35 | Director | |||
| Date_DD/MM/YYYY_ | E40 | 21/12/2022 | |||
For period 01/04/2021 to 31/03/2022
Page 1
Rutherford Association Football Club (UTR: 1124216720) - Prepared by: Mitchells Limited on 21/12/2022 at 16:12
IRmark: To be calculated
Repayments
To make a repayment claim for the period covered by these supplementary pages, please register and enrol to use the Charities Online service. See CT600 guide for further information. E45 Put an ‘X’ in the box if during the period covered by these supplementary pages you have over claimed tax
Information required
Enter details of any income received from the following sources, claimed as exempt from tax in the hands of the charity/CASC. Enter the figure included in the charity's/CASC'S accounts for the period covered by this return.
Non-exempt amounts should be entered on the form CT600 in the appropriate boxes.
| Enter details of any income received from the following sources, claimed as exempt from tax in the hands of the charity/CASC. Enter the figure included in the charity's/CASC'S accounts for the period covered by this return. Non-exempt amounts should be entered on the form CT600 in the appropriate boxes. |
Enter details of any income received from the following sources, claimed as exempt from tax in the hands of the charity/CASC. Enter the figure included in the charity's/CASC'S accounts for the period covered by this return. Non-exempt amounts should be entered on the form CT600 in the appropriate boxes. |
Enter details of any income received from the following sources, claimed as exempt from tax in the hands of the charity/CASC. Enter the figure included in the charity's/CASC'S accounts for the period covered by this return. Non-exempt amounts should be entered on the form CT600 in the appropriate boxes. |
Enter details of any income received from the following sources, claimed as exempt from tax in the hands of the charity/CASC. Enter the figure included in the charity's/CASC'S accounts for the period covered by this return. Non-exempt amounts should be entered on the form CT600 in the appropriate boxes. |
|---|---|---|---|
| Type of income | Amount | ||
| Enter total turnover from exempt charitable trading activities | E50 | - | |
| Investment income - exclude any amounts included on form CT600 | E55 | - | |
| UK land and building - exclude any amounts included on form CT600 | E60 | - | |
| Gift Aid - exclude any amounts included on form CT600 | E65 | - | |
| From other charities - exclude any amounts included on form CT600 | E70 | - | |
| Gifts of shares or securities received | E75 | - | |
| Gifts of real property received | E80 | - | |
| Other sources (not included above) | E85 | - | |
| Total of boxes E50 to E85 | E90 | - | |
| Enter details of expenditure as shown in the charity's/CASC's accounts for the period covered by these supplementary pages | |||
| Type of expenditure | Amount | ||
| Trading costs in relation to exempt charitable activities (in box E50) | E95 | - | |
| UK land and buildings costs in relation to exempt charitable activities (in box E60) |
E100 | - | |
| All general administration/governance costs | E105 | - | |
| All grants and donations made within the UK | E110 | - | |
| All grants and donations made outside the UK | E115 | - | |
| Other expenditure not included above, or not used in calculating figures entered on the form CT600 |
E120 | - | |
| Total of boxes E95 to E120 | E125 | - | |
For period 01/04/2021 to 31/03/2022
Page 2
Rutherford Association Football Club (UTR: 1124216720) - Prepared by: Mitchells Limited on 21/12/2022 at 16:12
IRmark: To be calculated
Information required
| Charity/CASC assets | ||||||||
| Disposals in period | Held at the end of the period | |||||||
| (total consideration received) | (use accounts figures) | |||||||
| Tangible fixed assets | E130 | - | E135 | 453,123 | ||||
| UK investments | E140 | - | E145 | - | ||||
| (excluding controlled companies) | ||||||||
| Shares in, and loans to, controlled companies |
E150 | - | E155 | - | ||||
| Overseas investments | E160 | - | E165 | - | ||||
| Loans and non-trade debtors | E170 | - | ||||||
| Other current assets | E175 | 108,907 | ||||||
| Qualifying investments and loans | E180 | |||||||
| Applies to charities only. See CT600 guide | ||||||||
| Value of any non-qualifying investments and loans | E185 | - | ||||||
| Applies to charities only. See CT600 guide | ||||||||
| Number of subsidiary or associated companies the charity controls at the end of the period Exclude companies that were dormant throughout the period |
E190 | - | ||||||
| . | ||||||||
For period 01/04/2021 to 31/03/2022
Page 3
Rutherford accounts 2022
Final Audit Report
2022-12-22
Created: 2022-12-21 By: Jason Cheesman (esign@mitchellsca.co.uk) Status: Signed Transaction ID: CBJCHBCAABAAL0vY6tAyRbJXv-yLq3jGvtbthA8s3LPF
"Rutherford accounts 2022" History
Document created by Jason Cheesman (esign@mitchellsca.co.uk)
2022-12-21 - 16:14:48 GMT- IP address: 87.74.66.61
- Document emailed to jamie@scne.org.uk for signature
2022-12-21 - 16:16:34 GMT
- Email viewed by jamie@scne.org.uk
2022-12-22 - 11:37:10 GMT- IP address: 172.226.0.1
- Signer jamie@scne.org.uk entered name at signing as Jamie cairns
2022-12-22 - 11:38:24 GMT- IP address: 172.226.0.58
- Document e-signed by Jamie cairns (jamie@scne.org.uk)
Signature Date: 2022-12-22 - 11:38:26 GMT - Time Source: server- IP address: 172.226.0.58
- Document emailed to eh@mitchellsca.co.uk for signature
2022-12-22 - 11:38:28 GMT
Email viewed by eh@mitchellsca.co.uk
2022-12-22 - 11:38:49 GMT- IP address: 92.27.98.120
-
Signer eh@mitchellsca.co.uk entered name at signing as Mitchells 2022-12-22 - 11:43:48 GMT- IP address: 92.27.98.120
-
Document e-signed by Mitchells (eh@mitchellsca.co.uk)
Signature Date: 2022-12-22 - 11:43:50 GMT - Time Source: server- IP address: 92.27.98.120
Agreement completed.
2022-12-22 - 11:43:50 GMT