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2021-06-30-accounts

Registered number 06469186 Macclesfield FC Community Sports Trust Ltd Accounts 30 June 2021

Macclesfield FC Community Sports Trust Ltd for the year ended 30 June 2021

TRUSTEE’S REPORT

The trustees present their ninth Annual Report and Financial Statements for the year end 30[th] June 2020.

REFERENCE and ADMINISTRATIVE details

This Community Sports Trust became a Registered Charity on 28[th] June 2010, with the Registered Number 1136526. It was accepted for Charitable purposes by HM Revenue & Customs on 15[th] September 2011 under reference XT29986.

In September our associate Company, Macclesfield Town Football Club Ltd., was wound-up by The High Court, and we have established relations with their successor Macclesfield FC Ltd.

In April 2021 Companies House approved our name change to Macclesfield FC Community Sports Trust Ltd., so we continue to be an independent limited company.

The Registered Office is at Leasing.Com Stadium, London Road, Macclesfield, Cheshire SK11 7SP.

Email address: lee.mfc-cst@outlook.com

TRUSTEES

The trustees in office on 30[th] June 2021

Michael John Rance, MBE Chairman, Director and Trustee Alan Cash Director, Company Secretary and Trustee Susan Joy Radley Director and Trustee Jeremy Peter Turner Trustee Julian Alexander Jones Trustee John Gareth White Trustee Nick Mannion Trustee

STRUCTURE and MANAGEMENT

Trustees normally meet quarterly during the year, subject to individual business commitments and have contact individually or severally on many occasions during the year. This arrangement has been badly affected by the Corona Virus Pandemic and Social distancing since March 2019 and we have used Zoom Meetings when necessary.

The Chairman presides over all meetings and ensures that the conduct of affairs is in accordance the objects of the charity.

The General Manager controls all day to day operations, with regular consultation with the Directors.

CHARITY OBJECTS

The objects of The Charity are “The promotion of Sport, Education and Recreation in the Community”, using sporting activities in structured but fun manner, with the creation of programmes which target special skills, fitness and general wellbeing.

Age groups range from Pre-School to Care Home residents and in various ways we have attempted to continue activities during lockdown periods, as illustrated in the Activity Performance.

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Macclesfield FC Community Sports Trust Ltd for the year ended 30 June 2021

We continue to have a good well established relationship with Cheshire East Council, local business and educational bodies, The Professional Football Association, and Cheshire Constabulary. Grant aid is ceasing to be provided by The Football Conference Trust and The Football League following the winding up of Macclesfield Town Football Club. We are delighted that Macclesfield's largest employer, Astra Zeneca PLC, together with other businesses are financially supporting the Charity.

The attached accounts show a loss, but the cash reserves will allow for the continuationof all regular programmes from September 2021, including free activity provision for deprived children. Action is also being taken to grow existing revenue sources, targeting new grant funding to ensure to the future financial security of Charity and staff.

Number of employees on 30[th] June 2021 - 3.

ACTIVITY PERFORMANCE REPORT

The illustrated detailed report outlines the age and activity range of the charity.

For and on behalf of the Trustees of Macclesfield FC Community Sports Trust Ltd.

Alan Cash

Director & Trustee

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Independent examiners report on the accounts of Macclesfield FC Community Sports Trust Ltd for the year ended 30 June 2021 Charity number 1136526 Company number 06469186

We report to the charity trustees on our examination of the accounts of the company for the year ended 30 June 2021.

RESPONSIBILITIES AND BASIS OF REPORT

As the charity's trustees of the company (who are also the directors of the company for the purposes of company law), you are responsible for the the preparation of the accounts in accordance with the requirementsof the Companies Act 2006 ("the 2006 Act").

Having satisfied ourselves that the accounts of the Company are not required to be audited for this year under Part 16 of the 2006 Act and are eligible for independent examination, we report in respect of our examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ("the 2011 Act"). In carrying out our examination, we have followed the directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act.

INDEPENDENT EXAMINERS' STATEMENT

We have completed our examination. We confirm that no material matters have come to our attention

which gives me cause to believe that:

We 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.

1 Church Mews Churchill Way Macclesfield Cheshire SK11 6AY

Kime O'Brien Limited Chartered Accountants

21 September 2021

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Macclesfield FC Community Sports Trust Ltd Statement of financial activities for the year ended 30 June 2021

Incoming resources
Donations
Grants
Charitable activities
Other income
Total incoming resources
Resources expended
Staff costs
Depreciation
Other charges
Net movement in funds
(
) p
Total funds brought forward
Total funds carried forward		 2021
2021
2021
Restricted
Unrestricted
Total
Funds
Funds
Funds
£
£
£
-
500
500
-
69,121
69,121
-
40,846
40,846
-
4
4
-
110,471
110,471
-
(70,392)
(70,392)
-
(1,665)
(1,665)
(1,883)
(57,542)
(59,425)
(1,883)
-19,128
-21,011
,
1,883
86,884
88,767
-
67,756
67,756		 2020
2020
2020
Restricted
Unrestricted
Total
Funds
Funds
Funds
£
£
£
-
3,750
3,750
-
69,528
69,528
-
87,951
87,951
-
79
79
-
161,308
161,308
-
(84,374)
(84,374)
-
(1,959)
(1,959)
(6,117)
(53,609)
(59,726)
(6,117)
21,366
15,249
,
8,000
65,518
73,518
1,883
86,884
88,767

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Macclesfield FC Community Sports Trust Ltd Registered number: 06469186 Balance Sheet as at 30 June 2021

Fixed assets
Current assets
Creditors: amounts falling due within one
year
Net current assets
Total assets less current liabilities
Net assets
Restricted funds
Unrestricted funds
Total funds
Average number of employees		 2021
£
£
9,435
59,081
(760)
58,321
67,756
67,756
-
67,756
67,756
Number
4		 2020
£
£
11,100
78,912
(1,245)
77,667
88,767
88,767
1,883
86,884
88,767
Number
4		 2020
£
£
11,100
78,912
(1,245)
77,667
88,767
88,767
1,883
86,884
88,767
Number
4
88,767
88,767
1,883
86,884
88,767
Number
4

The company is a private company limited by guarantee and incorporated in England. Its registered office is Leasing.Com Stadium, London Road, Macclesfield, Cheshire, SK11 7SP.

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.

The members have not required the company to obtain an audit in accordance with section 476 of the Act.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

The accounts have been prepared in accordance with the micro entity provisions of the Companies Act 2006 and FRS 105, The Financial Reporting Standard applicable to the Micro-entities Regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.

A Cash

Director

Approved by the board on 24 September 2021

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Macclesfield FC Community Sports Trust Ltd Detailed profit and loss account items for the year ended 30 June 2021

This schedule does not form part of the statutory accounts

Sales
Sales
Grants received
Donations
Other income
Interest receivable
Staff costs
Wages and salaries
Pensions
Staff training and welfare
Travel and subsistence
Depreciation and other amounts written off assets
Depreciation
Other charges
General administrative expenses:
F.C. Administration
Stationery and printing
Macclesfield Town College Academy
Bank charges
Insurance
Equipment expensed
Website and software
Repairs and maintenance
Grants & honorarium
Sundry expenses
Legal and professional costs:
Accountancy fees
Payroll processing fees
Advertising and PR		 2021
£
40,846
69,121
500
110,467
4
67,391
3,001
-
-
70,392
1,665
2,520
198
39,872
55
759
1,042
2,254
-
10,000
975
57,675
1,318
432
-
1,750
59,425		 2020
£
87,951
69,528
3,750
161,229
79
80,765
2,776
250
583
84,374
1,959
3,406
365
45,879
-
-
3,734
1,700
823
2,000
664
58,571
648
324
183
1,155
59,726

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Macclesfield FC Community Sports Trust Ltd Detailed balance sheet items as at 30 June 2021

This schedule does not form part of the statutory accounts

Fixed assets
Equipment
Current assets
Trade debtors
Other debtors - PAYE Refund due
HSBC - 51242520
HSBC - 61523554
EFL Reserve
Petty cash
Creditors: amounts falling due within one year
Trade creditors
Other creditors - Accruals
Capital and reserves
Profit and loss account
Profit and loss account
Brought forward
(Loss)/profit		 2021
£
9,435
-
4,003
15,267
39,811
-
-
59,081
-
760
760
67,756
88,767
(21,011)
67,756		 2020
£
11,100
15,463
-
23,152
39,807
489
1
78,912
885
360
1,245
88,767
73,518
15,249
88,767

7