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2025-08-31-accounts

REGISTERED COMPANY NUMBER: 06893825 (England and Wales) REGISTERED CHARITY NUMBER: 1137671

Report of the Trustees and

Financial Statements for the Year Ended 31 August 2025

for

Queensbury Celtic Football Club Limited

Sharp Accountants 187 Batley Road Kirkhamgate Wakefield West Yorkshire WF2 0SH

Queensbury Celtic Football Club Limited

Contents of the Financial Statements for the Year Ended 31 August 2025

Page
Report of the Trustees 1 to 2
Independent Examiner's Report 3
Statement of Financial Activities 4
Balance Sheet 5 to 6
Notes to the Financial Statements 7 to 15
Detailed Statement of Financial Activities 16 to 17

Queensbury Celtic Football Club Limited

Report of the Trustees for the Year Ended 31 August 2025

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 August 2025. 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).

OBJECTIVES AND ACTIVITIES

Objectives and aims

To advance the physical education of young people in West Yorkshire up to the age of 18 by coaching in and providing facilities for the game of football so as to develop their physical, mental and spiritual capabilities to enable them to grow to full maturity as individuals and members of society.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is 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

06893825 (England and Wales)

Registered Charity number

1137671

Registered office

Queensbury Celtic Football Club Pit Lane Queensbury Bradford West Yorkshire BD13 1NB

Trustees

J A Peel H Pearson G Hunt R J Peel (Treasurer) A C Maurice M D Swales

Independent Examiner

Sharp Accountants 187 Batley Road Kirkhamgate Wakefield West Yorkshire WF2 0SH

Page 1

Queensbury Celtic Football Club Limited

Report of the Trustees

for the Year Ended 31 August 2025

CHARITABLE STATUS

The company registered as a charity on 1 September 2010.

Approved by order of the board of trustees on 13 May 2026 and signed on its behalf by:

H Pearson - Trustee

Page 2

Independent Examiner's Report to the Trustees of Queensbury Celtic Football Club Limited

Independent examiner's report to the trustees of Queensbury Celtic Football Club Limited ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 August 2025.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I 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.

Darren Sharp

Sharp Accountants Kirkhamgate WF2 0SH

13 May 2026

Page 3

Queensbury Celtic Football Club Limited

Statement of Financial Activities for the Year Ended 31 August 2025

31/8/25
Unrestricted
Restricted
Total
fund
funds
funds
Notes
£
£
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
99,926
-
99,926
Investment income
2
197
-
197
Total
100,123
-
100,123
EXPENDITURE ON
Raising funds
3
110,869
-
110,869
NET INCOME/(EXPENDITURE)
(10,746)
-
(10,746)
RECONCILIATION OF FUNDS
Total funds brought forward
267,024
675,093
942,117
TOTAL FUNDS CARRIED FORWARD
256,278
675,093
931,371		 31/8/24
Total
funds
£
71,612
164
71,776
80,786
(9,010)
951,127
942,117

The notes form part of these financial statements

Page 4

Queensbury Celtic Football Club Limited

Balance Sheet 31 August 2025

Notes
FIXED ASSETS
Tangible assets
7
CURRENT ASSETS
Stocks
8
Debtors
9
Cash at bank and in hand
CREDITORS
Amounts falling due within one year
10
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT
LIABILITIES
CREDITORS
Amounts falling due after more than one year
11
NET ASSETS
FUNDS
14
Unrestricted funds
Restricted funds
TOTAL FUNDS		 Unrestricted
fund
£
362,589
300
100
21,103
21,503
(4,502)
17,001
379,590
(123,312)
256,278		 Restricted
funds
£
673,093
-
-
2,000
2,000
-
2,000
675,093
-
675,093		 31/8/25
Total
funds
£
1,035,682
300
100
23,103
23,503
(4,502)
19,001
1,054,683
(123,312)
931,371
256,278
675,093
931,371		 31/8/24
Total
funds
£
1,039,307
350
100
23,194
23,644
(13,772)
9,872
1,049,179
(107,062)
942,117
267,024
675,093
942,117

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The notes form part of these financial statements

Page 5

continued...

Queensbury Celtic Football Club Limited

Balance Sheet - continued 31 August 2025

The trustees acknowledge their responsibilities for

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 13 May 2026 and were signed on its behalf by:

M D Swales - Trustee

H Pearson - Trustee

The notes form part of these financial statements

Page 6

Queensbury Celtic Football Club Limited

Notes to the Financial Statements for the Year Ended 31 August 2025

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.

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.

Fixtures and fittings - 15% on reducing balance

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 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.

continued...

Page 7

Queensbury Celtic Football Club Limited

Notes to the Financial Statements - continued for the Year Ended 31 August 2025

2.
INVESTMENT INCOME
Deposit account interest
3.
RAISING FUNDS
Raising donations and legacies
Rates and water
Insurance
Light and heat
Sundries
Repairs and maintenance
Training & courses
Kit & equipment
Referees
Presentation nights
League & affiliation fees
Ground hire
Internet costs
Fuel and oil
Fundraising events
Depreciation
Support costs
4.
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
Depreciation - owned assets		 31/8/25
£
197
31/8/25
£
2,441
2,224
13,862
3,117
14,097
6,385
11,012
2,910
3,336
1,922
20,079
655
759
8,080
5,785
21,851
118,515
31/8/25
£
5,785		 31/8/24
£
164
31/8/24
£
1,599
855
16,660
2,502
15,509
3,111
6,352
2,344
6,187
1,723
12,998
616
160
-
6,742
-
77,358
31/8/24
£
6,743

continued...

Page 8

Queensbury Celtic Football Club Limited

Notes to the Financial Statements - continued for the Year Ended 31 August 2025

5. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 August 2025 nor for the year ended 31 August 2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 August 2025 nor for the year ended 31 August 2024.

6.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
Restricted
fund
funds
£
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
71,612
-
Investment income
164
-
Total
71,776
-
EXPENDITURE ON
Raising funds
80,786
-
NET INCOME/(EXPENDITURE)
(9,010)
-
RECONCILIATION OF FUNDS
Total funds brought forward
276,034
675,093
TOTAL FUNDS CARRIED FORWARD
267,024
675,093		 Total
funds
£
71,612
164
71,776
80,786
(9,010)
951,127
942,117

continued...

Page 9

Queensbury Celtic Football Club Limited

Notes to the Financial Statements - continued for the Year Ended 31 August 2025

7. TANGIBLE FIXED ASSETS

Freehold
property
£
COST
At 1 September 2024
1,001,101
Additions
-
At 31 August 2025
1,001,101
DEPRECIATION
At 1 September 2024
-
Charge for year
-
At 31 August 2025
-
NET BOOK VALUE
At 31 August 2025
1,001,101
At 31 August 2024
1,001,101
8.
STOCKS
Stocks
9.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade debtors		 Fixtures
and
fittings
£
66,180
2,160
68,340
27,974
5,785
33,759
34,581
38,206
31/8/25
£
300
31/8/25
£
100		 Totals
£
1,067,281
2,160
1,069,441
27,974
5,785
33,759
1,035,682
1,039,307
31/8/24
£
350
31/8/24
£
100

continued...

Page 10

Queensbury Celtic Football Club Limited

Notes to the Financial Statements - continued for the Year Ended 31 August 2025

10.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/8/25
£
Bank loans and overdrafts (see note 12)
2,713
Accruals and deferred income
1,789
4,502
11.
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31/8/25
£
Bank loans (see note 12)
123,312
12.
LOANS
An analysis of the maturity of loans is given below:
31/8/25
£
Amounts falling due within one year on demand:
Bank loans
2,713
Amounts falling due in more than five years:
Repayable by instalments:
Bank loans more 5 yr by instal
123,312
13.
SECURED DEBTS
The following secured debts are included within creditors:
31/8/25
£
Bank loans
126,025		 31/8/24
£
11,982
1,790
13,772
31/8/24
£
107,062
31/8/24
£
11,982
107,062
31/8/24
£
119,044

The long term bank loan with Charity Bank is secured and requires that the company has a minimum of £7,000 in it's deposit account at all times.

continued...

Page 11

Queensbury Celtic Football Club Limited

Notes to the Financial Statements - continued for the Year Ended 31 August 2025

14. MOVEMENT IN FUNDS

Unrestricted funds
General fund
Restricted funds
Revaluation reserve
Football Foundation
Sport England
Sovereign
TOTAL FUNDS
Net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
TOTAL FUNDS		 At 1/9/24
£
267,024
233,451
377,642
50,000
14,000
675,093
942,117
Incoming
resources
£
100,123
100,123		 Net
movement
At
in funds
31/8/25
£
£
(10,746)
256,278
-
233,451
-
377,642
-
50,000
-
14,000
-
675,093
(10,746)
931,371
Resources
Movement
expended
in funds
£
£
(110,869)
(10,746)
(110,869)
(10,746)

continued...

Page 12

Queensbury Celtic Football Club Limited

Notes to the Financial Statements - continued for the Year Ended 31 August 2025

14. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

At 1/9/23
£
Unrestricted funds
General fund
276,034
Restricted funds
Revaluation reserve
233,451
Football Foundation
377,642
Sport England
50,000
Sovereign
14,000
675,093
TOTAL FUNDS
951,127
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
General fund
71,776
TOTAL FUNDS
71,776		 Net
movement
At
in funds
31/8/24
£
£
(9,010)
267,024
-
233,451
-
377,642
-
50,000
-
14,000
-
675,093
(9,010)
942,117
Resources
Movement
expended
in funds
£
£
(80,786)
(9,010)
(80,786)
(9,010)

continued...

Page 13

Queensbury Celtic Football Club Limited

Notes to the Financial Statements - continued for the Year Ended 31 August 2025

14. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined position is as follows:

Unrestricted funds
General fund
Restricted funds
Revaluation reserve
Football Foundation
Sport England
Sovereign
TOTAL FUNDS		 At 1/9/23
£
276,034
233,451
377,642
50,000
14,000
675,093
951,127		 Net
movement
in funds
£
(19,756)
-
-
-
-
-
(19,756)		 At
31/8/25
£
256,278
233,451
377,642
50,000
14,000
675,093
931,371

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
TOTAL FUNDS		 Incoming
resources
£
171,899
171,899		 Resources
Movement
expended
in funds
£
£
(191,655)
(19,756)
(191,655)
(19,756)

continued...

Page 14

Queensbury Celtic Football Club Limited

Notes to the Financial Statements - continued for the Year Ended 31 August 2025

15. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 August 2025.

Page 15

Queensbury Celtic Football Club Limited

Detailed Statement of Financial Activities for the Year Ended 31 August 2025

Detailed Statement of Financial Activities
for the Year Ended 31 August 2025
31/8/25 31/8/24
£ £
INCOME AND ENDOWMENTS
Donations and legacies
Grants 3,520 500
Donations 1,197 20
Subscriptions 61,375 46,520
Tournaments / mini soccer 60 890
Walking football 885 1,665
Fundraising events 7,880 -
Sale of advertising signs 150 -
Facility hire 12,790 9,954
Presentation night 686 2,323
Kit sponsorship 10,175 9,376
Christmas fayre 1,208 364
99,926 71,612
Investment income
Deposit account interest 197 164
Total incoming resources 100,123 71,776
EXPENDITURE
Raising donations and legacies
Rates and water 2,441 1,599
Insurance 2,224 855
Light and heat 13,862 16,660
Sundries 3,117 2,502
Repairs and maintenance 14,097 15,509
Training & courses 6,385 3,111
Kit & equipment 11,012 6,352
Referees 2,910 2,344
Presentation nights 3,336 6,187
League & affiliation fees 1,922 1,723
Ground hire 20,079 12,998
Internet costs 655 616
Carried forward 82,040 70,456

This page does not form part of the statutory financial statements

Page 16

Queensbury Celtic Football Club Limited

Detailed Statement of Financial Activities for the Year Ended 31 August 2025

Detailed Statement of Financial Activities
for the Year Ended 31 August 2025
31/8/25 31/8/24
£ £
Raising donations and legacies
Brought forward 82,040 70,456
Fuel and oil 759 160
Fundraising events 8,080 -
Fixtures and fittings 5,785 6,742
96,664 77,358
Other trading activities
Opening stock 350 1,650
Shop Trade (7,732) (1,376)
Closing stock (300) (350)
(7,682) (76)
Support costs
Finance
Legal & professional 52 40
Accountancy 1,140 1,140
Bank loan interest 20,695 2,324
21,887 3,504
Total resources expended 110,869 80,786
Net expenditure (10,746) (9,010)

This page does not form part of the statutory financial statements

Page 17