## **Warminster Highbury Youth Football Club (WHYFC)** **TRUSTEES’ ANNUAL REPORT INCLUDING INDEPENDENT EXAMINER’S REPORT 2023** Financial Period 1[st] June 2022 – 31[st] May 2023 ## **Overview:** This report covers the operating activities of running the football club throughout the season 2022/23 and for the full financial year 1[st] June 2022 to 31[st] May 2023. During this year the club has continued to strengthen in terms of attracting new players and coaches who are participating across our year groups whilst bolstering the committee with new members. The club posted a net deficit of expenditure over income of £6,333.29 for the year 2022/2023 but overall remained in a healthy position from a financial perspective with cash & savings balances at bank of £35,458.03 as at the end of 31[st] May 2023. 2022/23 Committee Members & Trustees: |Chairman|- Andy Brunning|Player Pathway/Fundraising|- Claudia Zuniga-Chantley| |---|---|---|---| |Secretary|- Jenny Brunning|Media Coordinator|- Kelly Vaughan-Watkins| |Welfare Officer|- Jason Mann|Treasurer|- Oli Watts| |Honorary President|- Robin George||| _Note 1 Note 2 Note 3 Note 4_ ## _**Notes to accounts**_ _Note 1 : total income from month ly subscr iptio ns has incr ease d year on ye a r by over 33% - drive n by hig her n umber of pl ayers over all a nd a smal l increas e in month ly subscri ption fe es across the bo ard. Note 2 : Tea-Hut incom e remai ns a usefu l source of inc ome – ho wever it is not simple to sep arately i de ntify money mad e by the tea -hut. Note 3 : Equipm ent costs incre ased i n larg e part due to an i nvestment in g o als, nets, balls an d other e qui pment. The larg e equ ipme nt purchas es secured a d iscou nt to full price a nd wi ll ens ure that we hav e less to spen d on repl enis hin g equ ipm ent in next year ’s financ ia l acc ounts. Note 4 : qual ificatio ns an d traini ng costs have i ncreas ed as the num ber of coaches h as incre ased and , als o beca use every co ach is revi ewe d to ensure that they are ke ep ing the ir qua lificati ons an d mand atory traini ng up to date._ Highbury Youth FC Balance Sheet As of May 31. 2023 JUN 2021 - MAY 20W2 JUN 2022- MAY 2023 Ixed Asset Total Fixed Asset Cash at bank and in harKI Cash on hand Current Ac￿oUnt 3690 Savings 0968 Sub*M&mbarship 0286 Tthal Cash at bank and in hand 2.983.13 38.696.19 0.00 £41.679.32 4.326.11 31.131.92 £35.458.03 NET CURRENT ASSETS £41.E79.32 £35.458.03 ¢r8ditors atnounts falling within on& yaar Trade Cr8ditot Creditors Total Trad8 Cr8ditors 112.00 £112.00 tO.OD Total Cieditors.. amounts falling due within one year NET CURRENT ASSETS ILIABILITIESI TOTAL ASSETS LESS CURREwf LIA81LrriES £0.00 £112.00 £41.£79.32 £41,679.32 t35.346.03 £3S,346.03 TOTAL NET ASSETS ILIABILITIESI t41.679.32 £35.346.03 Charity funds Op@ning Balancg Equty 8tain8d Eamings SUw1u￿(DÈlICrtI Total Chattbj lunds 0.00 49.239.80 -7.560.4B £41.679.32 41.679.32 -6.333.29 t35.346.03 Ac¢wual Ba￿* ThuwgdÈy, 28 2024 03:16 pm GMT+l)O:ty) 111 Report to the members of: On accounts for the year ended: Respective responsibilities of trustees and examiner Warminster Highbury Youth FC 31 May 2023 The Treasurer as appointed by Warminster Highbury Youth FC is responsible for the preparation of the accounts. The Club consider that full in depth audit is not required for this year and that a thorough independent examination is needed. It is my responsibility to: - examine the accounts. - confirm that the figures present a true and fair view of the position. - to state whether particular matters have come to my attention. Basis of independent examiner’s statement My examination was carried out in accordance with general Directions given by the Warminster Highbury Youth FC and Accountancy Bodies. An examination includes a review of the accounting records kept by the Club and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the Treasurer concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below. Partners: Sam Gooding FMAAT FMATT FIAB Katy Gooding BSc FCA Company No: 09087439 Registered in England and Wales as; Gooding Accounts Ltd Registered Office: 24 Warminster R oad, Westbury, Wiltshire, BA13 3PE Report to the members of: On accounts for the year ended: Respective responsibilities of trustees and examiner Warminster Highbury Youth FC 31 May 2023 The Treasurer as appointed by Warminster Highbury Youth FC is responsible for the preparation of the accounts. The Club consider that full in depth audit is not required for this year and that a thorough independent examination is needed. It is my responsibility to: - examine the accounts. - confirm that the figures present a true and fair view of the position. - to state whether particular matters have come to my attention. Basis of independent examiner’s statement My examination was carried out in accordance with general Directions given by the Warminster Highbury Youth FC and Accountancy Bodies. An examination includes a review of the accounting records kept by the Club and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the Treasurer concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below. Partners: Sam Gooding FMAAT FMATT FIAB Katy Gooding BSc FCA Company No: 09087439 Registered in England and Wales as; Gooding Accounts Ltd Registered Office: 24 Warminster R oad, Westbury, Wiltshire, BA13 3PE