REGISTERED COMPANY NUMBER: 06729025 (England and Wales) REGISTERED CHARITY NUMBER: 1127570
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Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 January 2021
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Billinge Soccer Centre A Company Limited by Guarantee
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GR Taylor & Co Accountants 54-56 Ormskirk Street ST HELENS Merseyside WAI0 2TF
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Billinge Soccer Centre A Company Limited by Guarantee
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Contents of the Financial Statements for the Year Ended 31 January 2021
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|Report|of the|Trustees|if|
|Statement of|Financial Activities|2|
|Balance Sheet|3|
|Notes|to|the|Financial|Statements|4|to|8|
|Detailed|Statement of|Financial|Activities|9|
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Billinge Soccer Centre
A Company Limited by Guarantee
Report of the Trustees for the Year Ended 31 January 2021
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The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the | financial statements of the charity for the year ended 31 January 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities: 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) (effective 1 January 2019).
STRUCTURE, GOVERNANCE AND MANAGEMENT TheGoverning charity isdocument controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006,
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number | 06729025 (England and Wales)
Registered Charity number 1127570
Registered office
54-56 Ormskirk Street ST HELENS Merseyside WAL10 2TF
Trustees Mr G Parr director Mr G W Parr director
Company Secretary
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Approved by order of the boardOf }rustees OD... ceeeceeeteeeeeeeeeee and signed on its behalf by:
Mr G W Parr - Trustee
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Billinge Soccer Centre A Company Limited by Guarantee
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Statement of Financial Activities for the Year Ended 31 January 2021
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|31.1.21|31.1.20|
|Unrestricted|Restricted|Total|Total|
|Notes|fund£|fund£|funds£|funds£|
|INCOME|AND|ENDOWMENTS|FROM|
|Donations|and|legacies|49,396|-|49,396|24,445|
|EXPENDITURE|ON|
|Raising funds|2|38,544|-|38,544|26,914|
|NET INCOME/(EXPENDITURE)|10,852|-|10,852|(2,469)|
|RECONCILIATION OF FUNDS|
|Total funds|brought forward|8,212|-|8,212|10,681|
|TOTAL|FUNDS CARRIED FORWARD|19,064|-|19,064|8,212|
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The notes form part of these financial statements Page 2
Billinge Soccer Centre
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A Company Limited by Guarantee
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Balance Sheet
31 January 2021
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|31.1.2]|31.1.20|
|Unrestricted|Restricted|Total|Total|
|fund|fund|funds|funds|
|Notes|£|£|£|£|
|FIXEDTangibleASSETS assets|6|737|-|737|983|
|CURRENT|ASSETS|
|Cash|at bank|59,972|-|59,972|9,683|
|CREDITORS|
|Amounts|falling due within one year|7|(1,645)|-|(1,645)|(2,454)|
|NET CURRENT ASSETS|58,327|-|58,327|7,229|
|'|||‘TOTAL ASSETS LESS CURRENT|
|LIABILITIES|59,064|-|59,064|8,212|
|CREDITORS|
|Amounts falling due after more than one year|8|(40,000)|-|(40,000)|-|
|NET ASSETS|19,064|-|19,064|8,212|
|FUNDS|10|
|Unrestricted|funds|19,064|8,212|
|TOTAL FUNDS|19,064|8,212|
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The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2021.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2021 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) _ preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on sevsesssecsueserartossstseseesseresesseeee ald Were signed on its behalf by: Mr G W Parrf Trustee
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The notes form part of these financial statements
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Billinge Soccer Centre A Company Limited by Guarantee
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Notes to the Financial Statements for the Year Ended 31 January 2021
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1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: 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) (effective 1 January 2019)’, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention,
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Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Long leasehold - at varying rates on cost Improvements to property - in accordance with the property Plant and machinery - 25% on reducing balance
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
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Notes to the Financial Statements - continued for the Year Ended 31 January 2021
- RAISING FUNDS
Raising donations and legacies
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|31.1.21|311.20|
|£|£|
|Support|costs|38,544|-|
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|NET INCOME/(EXPENDITURE)|
|Net income/(expenditure) income/(expenditure)|is|stated|after|charging/(crediting):|
|31.121|31.1,20|
|£|£|
|Depreciation|- owned|assets|246|568|
|Other operating|leases|11,000|12,000|
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Net income/(expenditure) income/(expenditure) is stated after charging/(crediting):
4, TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees’ remuneration or other benefits for the year ended 31 January 2021 nor for the year ended 31 January 2020.
Trustees’ expenses
There were no trustees' expenses paid for the year ended 31 January 2021 nor for the year ended 31 January 2020.
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|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES|
|Unrestricted|Restricted|Total|
|fund|fund|funds|
|£|£|£|
|INCOME AND ENDOWMENTS FROM|
|Donations and|legacies|24,445|-|24,445|
|EXPENDITURE|ON|
|Raising|funds|26,914|-|26,914|
|NET INCOME/EXPENDITURE)|(2,469)|-|(2,469)|
|RECONCILIATION|OF FUNDS|
|Total|funds brought|forward|10,681|-|10,681|
|TOTAL FUNDS CARRIED FORWARD|8,212|-|8,212|
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Billinge Soccer Centre A Company Limited by Guarantee Notes to the Financial Statements - continued for the Year Ended 31 January 2021
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|6.|TANGIBLE FIXED|ASSETS|
|Long|Improvementsto|Plant|and|
|leasehold|property|machinery|Totals|
|COSsT|£|£|£|£|
|At|1|February 2020|and 31|January 2021|7,374|51,810|20,272|79,456|
|DEPRECIATION|
|At|||February 2020|7,374|$1,810|19,289|78,473|
|ChargeAt 31 Januaryfor year2021|7,374-|$1,810-|19,535246|78,719246|
|NETAt 31 BOOK January VALUE 2021|-|-|737|737|
|At31 January 2020|-|-|983|983|
|7.|CREDITORS:|AMOUNTS FALLING DUE WITHIN ONE YEAR|
|31.1.21|31.1.20|
|Accrued|£|£|
|expenses|1,645|2,454|
|8.|CREDITORS:|AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR31.1.2!|31.1.20|
|£|£|
|Bank|loans|(see note|9)|40,000|-|
|9,|LOANS|
|An analysis|of the|maturity of loans|is given below:|
|31.1.21|31.1.20|
|Amounts|falling due between two|and|five|years:|
|Bank|loans|- 2-5|years|40,000|-|
|10.|MOVEMENT IN FUNDS|
|Net|
|movement|At|
|At|1.2.20|in funds|31,1,21|
|£|£|£|
|Unrestricted|funds|
|General|fund|8,212|10,852|19,064|
|TOTAL FUNDS|8,212|10,852|19,064|
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Billinge Soccer Centre A Company Limited by Guarantee
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Notes to the Financial Statements - continued for the Year Ended 31 January 2021
10.
MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
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|Incoming|Resources|©|Movement|
|resources|expended|in funds|
|£|£|£|
|Unrestricted|funds|
|General|fund|49,396|(38,544)|10,852|
|TOTAL FUNDS|49,396|(38,544)|10,852|
|Comparatives|for movement|in|funds|
|Net|
|movement|At|
|At|1.2.19|in|funds|31.1.20|
|£|£|£|
|UnrestrictedGeneral fund|funds|10,681|(2,469)|8,212|
|TOTAL FUNDS|10,681|(2,469)|8,212|
|Comparative|net movement in|funds,|included|in the|above are|as|follows:|
|Incoming|Resources|Movement|
|resources|expended|in|funds|
|£|£|£|
|Unrestricted|funds|
|General fund|24,445|(26,914)|(2,469)|
|TOTAL FUNDS|24,445|(26,914)|(2,469)|
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A current year 12 months and prior year 12 months combined position is as follows:
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|Net|
|movement|At|
|At|1.2.19|in|funds|31.1.21|
|£|£|£|
|Unrestricted|funds|
|General|fund|10,681|8,383|19,064|
|TOTAL FUNDS|10,681|8,383|19,064|
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Billinge Soccer Centre A Company Limited by Guarantee
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Notes to the Financial Statements - continued for the Year Ended 31 January 2021
10. MOVEMENT IN FUNDS- continued
A current year [2 months and prior year 12 months combined net movement in funds, included in the above are as follows:
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|Incoming|Resources|||Movement|
|resources|expended|in|funds|
|£|£|£|
|Unrestricted|funds|
|General|fund|73,841|(65,458)|8,383|
|TOTAL FUNDS|73,841|(65,458)|8,383|
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11. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 January 2021.
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Billinge Soccer Centre
A Company Limited by Guarantee
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Detailed Statement of Financial Activities for the Year Ended 31 January 2021
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|31.1.21|31.1.20|
|£|£|
|INCOME AND ENDOWMENTS|
|Donations|and legacies|
|Soccer|centre|income|12,225|24,445|
|Grants|received|36,000|-|
|JRS|grants|received|1,171|-|
|49,396|24,445|
|Total incoming|resources|—49,396|——_24,445|
|EXPENDITURE|
|Support costs|
|Management|
|Wages|14,484|-|
|Rent|11,000|12,000|
|Rates|and|water|309|4,060|
|Insurance|1,971|1,971|
|Light and|heat|1,907|1,546|
|Telephone|126|443|
|Postage|and stationery|88|18]|
|Accountancy|1,315|652|
|31,200|20,853|
|Information|technology|
|Repairs and renewals|6,800|4,525|
|Sundries|298|593|
|7,098|5,118|
|Human|resources|
|Professional|fees|-|375|
|Other|
|Long|leasehold|-|240|
|Plant and machinery|246|328|
|246|568|
|Total resources expended|a38,544|—26,914|
|Net income/(expenditure)|10,852|(2,469)|
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This page does not form part of the statutory financial statements
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