REGISTERED COMPANY NUMBER: 06729487 (England and Wales) REGISTERED CHARITY NUMBER: 1132738 Report of the Trustees and Unaudited Financial Statements for the Year Ended 29 June 2024 for Limited AWS Accountancy Limited 3 Berrymoor Court Northumberland Business Park Cramlington Northumberland NE23 7RZ
Newcastle Clt Juniors Fc S orts Club Limited Re )ort of t_he Trustees for the Year Ended 29 June 2024 STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by its goveming document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by Ihe Companies Act 2006. REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number 06729487 (England and Wales) Registered Charity number 1132738 Registered office Newcastle Football Centre Gibside Garden Gibside Gardens Newcastle Upon Tyne Northumberland NE15 7PP Trustees Mrs D Chambers Civil Servant Mr S Chambers Royal Mail Manager Mr K G Blackwell Sales Manager Approved by order of the board of trustees on . and signed on its behalf by: Mrs D Chambers - Trustee Page 2
Juniors Fc S orts Club Newcastle Ci0.-__ Limited Contents of the Financial Statements for the Year Ended 29 June 2024 Page Report of the Trustees Statement of Financial Activities Balance Sheet Notes to the Financial Statements 6 to 12 Detailed Statement of Financial Activities 13 to 14
Newcastle C1_JunIOrS Fc S orts Club Limited Rep_o_rt_o_f_-t_he Tr_ustees_ for the Year Ended 29 June 2024 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 29 June 2024. The trustees have adopted the provisions of Accounting and Reporbng 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). OBJECTIVES AND ACTIVITIES Objectives and aims The Trustees & x48 Volunteers of the charity have in the past financial year worked extremely hard to meet and surpass our objectives. Objectives this year were to increase the playing membership for Boys & Girls from the ages of 4 years to 16 years old participating in Grassroots football within the community. 202312024 has seen an increase of an extra 200/0 of young people attending our facilities. Numbers were extremely important as this will keep the levels of Subscriptions to an affordable amount for Parents in the current challenging economic climate. The Girl's Wildcats programme has been extremely valuable as in the past financial year we again have seen numbers increase for the 4th year running. The Girl's programme has also helped us access fvnding from the Football Association something which has been gratefully excepted Off the field the Trustees feel we need to attract a broader spectrum of individuals that can help move the organisation forward We have spoken to a number of individuals from various backgrounds that would give us a wide variety of different professions. One professional individual has been invited along to discuss the prospect of gaining access to more funding. The company involved would work for the charity for a set number of hours per month at a discounted rate and the remit would be to access different pots of funding the charity would be eligible for. Public benefit in setting plans and priorities for areas of work. the trustees of Newcastle City Juniors FC Sports Club Limited have had guidance from the Charity Commission on the provision of public benefit. The trustees consider how planned activities contribute to meeting the objectives set. Public benefit In setting plans and priorities for areas of work, the trustees of Newcastle City Juniors FC Sports Club Limited have had guidance from the Charity Commission on the provision of public benefit. In particular. the trustees consider how planned activities contribute to meeting the objectives set. How the charity delivers its principle charitable activities. as set out in its Memorandum and Articles of Association, is demonstrated in the objectives and aims statement above. ACHIEVEMENT AND PERFORMANCE Sponsorship Sponsorship Newcastle City Juniors FC Sports Club Limited are reIving sponsorship to help with team kit. Subscriptions After lengthy discussions it was decided the fees would stay in place at £30 pm for each player with a discount if Parents had other siblings within the Football club. Trustees a150 discussed a scheme where we have installed a specific committee member to speak to individuals who might be experiencing financial difficulties regarding Subscriptions and this year, we are eXtmelY proud to say we have helped appropriately 24 families with keeping their child within an organisation without any financial payments. FUTURE PLANS The Hospitality side of the charity is again showing signs of growth something we are extremely keen to explore as revenue can benefit the charity moving forward. The Football Foundation have been invited back to look at the prospect of looking at ndIng for our pavilion building. The building comprises of 6 small individual office spaces with kitchen and changing areas attached. The charity has discussed with local counci5 officers and the City Council regarding alterations to make the space more appealing to community groups as a warm space. Page 1
Newcastle CityJuniors Fc S orts Club Limited statement of Financial Activities for the Year Ended 29 June 2024 29.6.24 Total funds 29.6.23 Total funds Unrestricted fund Restricted fund Notes INCOME AND ENDOWMENTS FROM Donations and legacies 66.209 66,209 28.736 Charitable activities Charitable activities 174,408 174,408 156,441 Other trading activities 477 477 8,663 Totsl 241 ,094 241,094 193,840 EXPENDITURE ON Raising funds 70,518 70,518 62,685 Charitable activities Charitable activities 153,220 153,220 131,626 Total 223.738 223.738 194,311 NET INCOMEI(EXPENDITURE) 17,356 17,356 (471) RECONCILIATION OF FUNDS Total fvnds brought forward 112,994 112,994 113,465 TOTAL FUNDS CARRIED FORWARD 130.350 130,350 112,994 The notes fomi part of these financial statements Page 3
Juniors Fc sOrts Club Newc_astle_Ci_O_ Limited Balance Sheet 29 June 2024 29.6.24 Total funds 29.6.23 Total funds Unrestricted fund Restricted fund Notes FIXED ASSETS Tangible assets 133,019 133,019 136,047 CURRENT ASSETS Stocks Cash at bank and in hand 2,935 16,954 2,935 16,954 2,795 1,619 19.889 19,889 4,414 CREDITORS Amounts falling due within one year (17,141) (17,141) (17,050) NET CURRENT ASSETS 2.748 2.748 (12.636) TOTAL ASSETS LESS CURRENT LIABILITIES 135,767 135,767 123.411 CREDITORS Amounts falling due after more than one year (5.417) (5,417) (10,417) NET ASSETS 130,350 130,350 112,994 FUNDS Unrestricted funds 11 130.350 112,994 TOTAL FUNDS 130.350 112,994 The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 June 2024. The members have not required the company to obtain an audit of its financial statements for the year ended 29 June 2024 in accordance with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for (a) ensuring that the charstable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and 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 accordan 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. {b) The notes form part of these financial statements Page 4 continued...
Newcastle Ci Juniors Fc S orts Club Limited Balance Sheet - continued 29 June 2024 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 eyt).:..Q.4-.:..2S............ and were signed on its behalf by: Mr S Chambers - Trustee The notes form part of these financial statements Page 5
Newcastle Ci Juniors Fc S orts Club Limited -Note_s. to_ the Financial Sta_t_e_m_e_nts_ for the Year Ended 29 June 2024 ACCOUNTING POLICIES Basis of preparing the financial statements The financial ststements 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 Practi 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. Income All income is recognised in the Statement of Financial Activities once the charity has entittement to the funds. it is probable that the income will be received and the amount can be measured reliably. Expenditure Liabilities are CogniSed 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 usefijl life. Club house Plant and machinery New toilet block Training equipment Over estimated useful life of 40 years 25 % reducing balan 20 % reducing balance 25 /0 reducing balan Stocks Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Taxation The charity is exempt from corporation tax on its charitable activities. Fund accounting Unrestricted funds can be used in accordan with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted pUoseS 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. Page 6 continued.
Junlors Fc S orts Club Newcastle CiL_-. Limited Notes to the Financial Statements - continued for the Year Ended 29 June 2024 OTHER TRADING ACTIVITIES 29.6.24 29.6.23 Sponsorships 477 8,663 NET INCOMEI(EXPENDITURE) Net incomel(expenditure) is stated after chargingl(crediting): 29.6.24 29.6.23 Depreciation - owned assets 7,331 8,218 TRUSTEES. REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 29 June 2024 nor for the year ended 29 June 2023. Trustees. expenses Out of pocket mileage of £0.35p per mile was daimed by the Trustees for transporting costs during the year. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund Restricted fund Total funds INCOME AND ENDOWMENTS FROM Donations and legacies 28,736 28,736 Charitable activities Charitable activities 156,441 156,441 Other trading activities 8,663 8,663 Total 193,840 193,840 EXPENDITURE ON Raising funds 62,685 62,685 Charitable activities Charitable activities 131,626 131,626 Total 194.311 194,311 NET INCOMEI(EXPENDITURE) (471) (471) Page 7 continued...
Juniors Fc Sports Club Newcastle CiL_-. Limited Notes to the Financial Statements - continued for the Year Ended 29 June 2024 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES- continued Unrestricted Restricted fund fund Total funds RECONCILIATION OF FUNDS Total funds brought forward 113,465 113,465 TOTAL FUNDS CARRIED FORWARD 112,994 112,994 TANGIBLE FIXED ASSETS Improvements to property Plant and machinery Club house COST At 30 June 2023 Additions 100.000 30.066 2.400 5,655 1,903 At 29 June 2024 100,000 32,466 7,558 DEPRECIATION At 30 June 2023 Charge for year 12.500 2,500 3,100 1,114 At 29 June 2024 15,000 4,214 NET BOOK VALUE At 29 June 2024 85,000 32.466 3,344 At 29 June 2023 87.500 30,066 2,555 Page 8 continued...
Newcastle Ci Juniors Fc S orts Club Limited Notes to the Financial Statements - continued for the Year Ended 29 June 2024 TANGIBLE FIXED ASSETS- continued Flxtures and fittings New toilet block Training equipment Totals COST At 30 June 2023 Additions 15,434 21.298 70,183 242,636 4,303 At 29 June 2024 15.434 21,298 70.183 246.939 DEPRECIATION At 30 June 2023 Charge for year 10,134 1,060 13,454 1,961 67,401 696 106.589 7,331 At 29 June 2024 11,194 15,415 68.097 113.920 NET BOOK VALUE At 29 June 2024 4,240 5,883 2,086 133,019 At 29 June 2023 5,300 7,844 2,782 136.047 STOCKS 29.6.24 29.6.23 Stocks 2,935 2,795 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 29.6.24 29.6.23 Bank loans and overdrafts (see note 10) Other creditors Accrued expenses 5,000 11.361 780 5,000 11,270 780 17,141 17,050 Page 9 continued...
Newcastle Ci Junlors Fc S orts Club Limited Notes to the Financial Statements - continued for the Year Ended 29 June 2024 CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR 29.6.24 29.6.23 Bank loans (see note 10) 5,417 10,417 10. LOANS An analysis of the maturity of loans is given below: 29.6.24 29.6.23 Amounts falling due within one year on demand: Bank loans 5,000 5,000 Amounts falling due between two and five years: Bank loans - 2-5 years 5,417 10.417 11. MOVEMENT IN FUNDS Net movement in funds At 30.6.23 At 29.6.24 unrestn.cted funds General fund 112.994 17.356 130.350 TOTAL FUNDS 112,994 17,356 130,350 Net movement in funds, included in the above are as follows: Incoming Resources resources expended Movement in funds Unrestricted funds General fund 241,094 (223,738) 17,356 TOTAL FUNDS 241,094 {223,738) 17,356 Page 10 continued...
Newcastle Ci Juniors Fc S orts Club Limited Notes to the Financial Statements - continued for the Year Ended 29 June 2024 11. MOVEMENT IN FUNDS - continued Comparatives for movement in funds Net movement in funds At 30.6.22 At 29.6.23 Unrestricted funds General fund 113,465 {471) 112,994 TOTAL FUNDS 113,465 (471) 112,994 Comparative net movement in funds, included in the above are as follows: Incoming resources Resources expended Movement in funds Unrestricted funds General fund 193,840 (194,311) (471) TOTAL FUNDS 193,840 (194,311) (471) A current year 12 months and prior year 12 months combined position is as follows: Net movement in funds At 30.6.22 At 29.6.24 Unrestricted funds General fund 113,465 16,885 130,350 TOTAL FUNDS 113,465 16,885 130,350 Page11 continued...
Newcastle Ci Juniors Fc S orts Club Limited Notes t_o_the Financial Statements - continued for the Year Ended 29 June 2024 11. MOVEMENT IN FUNDS - continued A current year 12 months and prior year 12 months combined net movement in funds, induded in the above are as follows: Incoming resources Resources expended Movement in funds Unrestrlcted funds General fund 434,934 (418,049) 16,885 TOTAL FUNDS 434.934 (418,049) 16,885 12. RELATED PARTY DISCLOSURES There were no related paty transactions for the year ended 29 June 2024. Page 12
wcastle Ci Juniors Fc S Limited orts Club Detail_ed_-S_ta_tement of Financial Activities for the Year Ended 29 June 2024 29.6.24 29.6.23 INCOME AND ENDOWMENTS Donations and legacies Donations Gift aid 10,277 55,932 1,300 27,436 66,209 28.736 Other trading activities Sponsorships 477 8,663 Charitable activities Others Subscriptions Juve bar and cafe 4,450 103,580 66,378 2,022 91,513 62,906 174,408 156,441 Total incoming resources 241,094 193,840 EXPENDITURE Other trading actlvities Opening stock Juve bar I cafe purchases Closing stock 2,795 70,658 (2,935) 2,795 62,685 (2.795) 70,518 62,685 Charitable activities Rent, rates and insurance Light and heat Telephone Postage and stath'onery Sundries Maintenan Bank charges Presentations Training equipment Coaching staff Marketing costs Transport costs Carried forward 9,939 10,554 2,589 238 2,493 39,699 2.628 5,675 12,519 1,530 3,080 9,205 100,149 8,729 12.790 2,445 157 1,643 42,401 1,440 3,700 19,645 4,000 2,040 7,250 106,240 This page dS not fonn part of the stalutory financial statements Page13
Newcastle Ci Juniors Fc S orts Club Limited D_etailed Sta_te_m_ent of_Financial Activities for the Year Ended 29 June 2024 29.6.24 29.6.23 Charitable activities Brought foNard League fees Pitch hire Toumaments IT and computer costs Sportsman dinner Freehold property Plant and machinery New toilet block Fixtures and fittings Training equipment Bank loan interest 100,149 18.996 19,862 2.679 106,240 7,215 5,667 2,467 420 2,480 2,500 1.115 1,060 1,961 696 329 2,500 852 1,325 2,615 927 453 151,827 130,681 Support costs Governance costs Legal and professional fees Accountancy fees 388 1,005 945 1,393 945 Total resources expended 223,738 194,311 Net incomel(expenditure) 17,356 (471) This page does not fomi part of the statutory financial statements Page 14