MOORS YOUTH SPORTS ASSOCIATION
REGISTERED CHARITY NUMBER 1126742
FINANCIAL STATEMENTS
YEAR ENDED 30TH APRIL 2023
Charity Number 1126742
MOORS YOUTH SPORTS ASSOCIATION
FINANCIAL STATEMENTS YEAR ENDED 30TH APRIL 2023
| CONTENTS | Page | |
|---|---|---|
| Independent Examiner's Report | 1 | |
| Chairman' Report | 2 | |
| Revenue and Expenditure Account | 3 | |
| Balance Sheet | 4 |
Charity Number 1126742
INDEPENDENT EXAMINER'S REPORT
This report on the accounts of the Moors Youth Sports Association, for the period ended 30th April 2023, is in respect of an examination carried out under Section 145 of the Charities Act 2011.
Respective responsibilities of the Trustees and Examiner
The Trustees consider that an audit is not required for this period (under section 144(2) of the Charities Act 2011) and that an independent examination is needed.
Basis of Independent Examiner's report
My examination was carried out in accordance with the General Directions given by the Charity Commission. That examination includes a review of the accounting records kept and a comparison of the accounts with those records. It also includes considering any unusual items or disclosures in the accounts and seeking explanations from the trustees concerning such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.
Independent Examiners's Statement
In connection with my examination, no matter has come to my attention:
-
(i) which gives me reasonable cause to believe that in any material respect the requirements
- to keep accounting records in accordance with Section 130 of the Act; and
-
to prepare accounts which accord with the accounting records and comply with
-
the regulations
have not been met; or
(ii) to which in my opinion, attention should be drawn in order to enable a proper understanding of the accounts
K M Bolt 21 Angel Hill TIVERTON Devon EX16 6PE
2nd August 2023
Charity Number 1126742
MOORS YOUTH SPORTS ASSOCIATION
COMMITTEE REPORT YEAR ENDED 30TH APRIL 2023
Yet another season turns as we continue to strive to regain normality of life and leisure pursuits post corona virus. Those whose lives were affected by the pandemic remain in our hearts and minds.
By using our experience and all that we have learned in the last few years as a club, this season has been all about how we provide the best possible youth football for our members and families in what is now a very challenging economic outlook across the country and the rest of the world.
The 2023 Summer Tournament was an outstanding success. This year we hosted 242 teams over the 2 days. The weather was completely on our side with good rainfall the week before to soften the ground for our young footballers and then fine and sunny over the whole weekend.
As we are all aware, the cost of food and consumable goods have risen dramatically in the last 9 months, therefore our cost/expenditure to produce the tournament rose considerably. Despite the challenges, our tournament team have yet again been able to generate favourable income to sustain the club, which in turn allows club fees to be maintained and held as low as possible for our members and parents.
As always, we are indebted to our tournament sponsors, organisers, helpers, members, and parents for their continued support.
The football club committee are pleased to announce that we have now produced our first full years’ financial accounts in the post-pandemic period and the introduction of the TEAM FEE PAY scheme in this regard, has been hailed as a great success.
During the 2022/23 season we can report that a record number of players have signed on via the Membership process and utilised the TEAM FEE PAY scheme. This system provides clarity and transparency for both the end-users and club administrators.
All age groups have a team of coaching staff who are all both FA DBS checked and qualified in terms of FA Coaching Level 1 (or higher) Safeguarding from both course participation and online renewals and First Aid. Periodic coaching team manager meetings are held with the club Chairman, Head Coach, and all coaches.
In summary, the club remains well placed to face-into the financial challenges. We anticipate costs will continue to rise in the community and wider environment in respect of hire charges and energy cost. However, the club remains on a sound footing both financially and operationally and remains true to its founding principles and over-arching commitment, which is to deliver football and other sports for all.
We remain enthusiastic and focused as a trustee group, actively seeking to bring innovative ideas to fruition. We remain confident in the leadership of the club; they are vastly experienced and most capable of steering the club through these challenging times and moving the club forward.
We hope all club members, players and our parent groups stay safe and enjoy every success in the future.
Best wishes,
Moors Youth Trustees
Charity Number 1126742
MOORS YOUTH SPORTS ASSOCIATION FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH APRIL 2023
REVENUE AND EXPENDITURE ACCOUNT
| 2022 2022 17882 3555 280 7030 917 4790 726 706 35886 505 14988 - - 461 7542 1640 7329 827 220 - 450 272 216 450 515 50 145 35610 276 |
REVENUE Training fees Match and tournament fees Sale of football kit Membership Fundraising Donations FA Membership Presentation GROSS PROFIT Less EXPENDITURE Training courses Facility hire DBS checks Presentation evening Printing and stationery Football kits and clothing FA membership and affiliation Training Equipment repairs and renewals League entries and fees Selection boxes Advertising and website costs Accountancy Gifts Just giving Donation and sponsorships Other expenses Card machine First aid PROFIT/(LOSS) FOR THE YEAR |
2023 2023 32944 4211 2282 7373 178 1892 6 2077 50963 1965 16231 160 8782 585 4674 1348 9517 1265 202 770 474 135 216 2000 237 242 - 48803 2160 |
2023 2023 32944 4211 2282 7373 178 1892 6 2077 50963 1965 16231 160 8782 585 4674 1348 9517 1265 202 770 474 135 216 2000 237 242 - 48803 2160 |
2023 |
|---|---|---|---|---|
| 2160 |
Charity Number 1126742
MOORS YOUTH SPORTS ASSOCIATION FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH APRIL 2023
BALANCE SHEET
----- Start of picture text -----
2022 2022 2023 2023
REPRESENTED BY:-
CURRENT ASSETS
878 Cash at Bank 577
48 Cash -77
1933 Prepayments -
827 Debtors 400
3686 900
CURRENT LIABILITIES
8767 Net transfers from Charity Account 4601
- Creditors -
300 Accruals 300
3665 Bounce back loan 2885
12732 7786
-9046 NET CURRENT ASSETS -6886
-9046 -6886
----- End of picture text -----
CAPITAL AND RESERVES (MEMBERS' FUNDS)
| -9322 276 |
BALANCE as at 1st May 2022 Add Excess of Income over Expenditure for the year |
-9046 2160 |
|---|---|---|
| -9046 | -6886 |