REGISTERED COMPANY NUMBER: 073698S2 ngland •nd Wales) REGISTCI RED CTrIARrrY T4UMBER: 1139S75 REI PORT OF THE TRU￿￿1 fi,S AND FINANCIAL sfATKMEfiTS FOR THiI YFAR ENDED 30TH JUNE 2024 FOR ACCR]NGTON sfAiYLEYFOOTBALL IN TULI COMMUMTY TRUST LIMITED Ainsworths Limil¢d Ch￿tered Accou￿tants and Statutory Audilo Charter Hou&e stE￿$field Strect Nelson Lan¢&8hn BB9 9XY ACCRINGTON STANUAY FOOTBALL IN'IHL COMMUNITY TRIJST LIMITID CONTENTS ofi THLI FINANCIAL STATEMENTS FOR TIICI YEAR II ND￿D 3QTH JUNI 2024 PAge Refti'en¢e Nod AdthknlstrAtlvoDetsti18 Report of the Trnstces Report of the JndependèntAudlton 9 to 12 Statement of Fln8JJelo1 Aetivltle8 13 BAlance Sheet 14 Cash Flow Sthtenient 15 IYot¢8 to the C4811 Moly Statement 16 Nolts to the Mnancial Slat¢m¢ttts 17 to 28 ACCRING'fo]Y STANLEY FOOTLIALL IN IJIK COMMUNITY TRUST T.fMrrED REFERCI NCEI AND ADMINISTRATIVK DETAII FOR THE YLAR ICNDED 30TH JUNK 2024 TRUSTEES D Burgess (Yesigned 5,12.2024) AEllwood PAII J D MoGI'egoi' T D ONeill R E Houseman P J Lev(Ihatti D C Ellwooa C A Knagg J Leaver (appoint¢d 30.8.2023) W E￿tha￿ (appolnted 10.12,2024) RCGISTERED OFFICII Stanley Sports Hub 1li0illeyhol￿l4 Road Accrington Lartca8hir¢ BB5 6BD RLGISTEs RED COMPANY NUMBER 07369852 (Ertgland and Wales) REGISTEREI D CHARITY NUMBER L139575 AUDITORS Aln5WOrth$ Limited Chartet'ed Accoiilltfsnts and Stotutory Auditors Charter House Stahsfield Slre¢l Nelson Lancashli'e BB9 9XY BANKÈRS Yorkshive Pl¢ 40 Chui'¢h Street BLACKBURN Ldrt¢ashiY¢ BBI. SAW Day to day m&n&getM8ntof the ¢hwity is delegated to tho Chief Bx¢¢utiv¢ Officer, M Feayon. Th¢ chaiity also operntes undcr th¢ shurtclled name of "Accrin8toll Slan16y Comtnunity Trust" Page I ACCIUNGTON SIANLEYfooTBALL KN THE C.OMMUNITY TRUST LIMITED (REGISTCI RED NIIMBER: 07369852) RJIPORT OFTHI TRUSTEES FOR TH￿ YEAR ÉNDfi D 30TH JUNE 2024 1ke trustees who are hlso dir¢c¢oTh of the Oh￿'lty for the puiy08eB of the Complnies Art 2006, present Iheir report wlth the fittan¢ial stalemenls of the cbaiity foi, th¢ year ended 30th June 2024. The Iiustees have &dopt¢d lkn¢ proyislons of Acfjounling and Rworting by Chariti￿. Statement of Rc¢onunended Praoti¢¥ opplicabl¢ to oh41ities preparing their accourrts in a¢e(Ji'dance wllh the Fift￿claI Reporting Standard applicable ift the UK and Republic of Troland (FRS 102) (effective l Jdnuary 2019). ORT£1 cfivES AND ACTIVITIES ObJe¢tives and 4im$ The Memorandum of Associati￿1 stat¢s that the charity's objects are to IKn¢fit the publi¢ tt1￿, ill particular, the inhabitant5 of Acryington andtht SLinDunding ajros by: l. ProtllotÉrtg ¢ommwiity partl¢ipatlon in healthy reoi'ealion lrt paiticular by the provisioti of facilities for tbe playing of soGiation football t￿d olkn¢r sports oapable of impi'owtng heAlth ("fEuilities" in this clause m¢oiis latsd, buildings, equipjnertt and organising sportIng activities). 2. Advanotng the physlcul education of young people in Lancllshire by Loathittg in and providin8 faclliti¢& for th¢ gamo of football and other 5porling activi￿e8 so as tu develop thelr physÈcal. m¢nla1 and splritual capabllitles to enable them lo grow to full inattwity as indlviduals and member8 of soaiety. 3. Advan¢ing and assistthg in advancing the education of thE genernl publÈc. with a particiilaT foolis on that of ¢hildirn and young people utt¢iiding scliools In the, L￿￿¥Shire ar¢f¢ by the provision at veiiues selected or appTh)ved by the charity of meetings, lecture&, ulass65 and fkclivities foL Ihg b¢llBfit of sufjh children aiid yOUttB people by th¢ pYovi5ion 0£ ¢ducational tnaterials for distt'ibulion th such chil(Jren and yoting peopl 4. Providing and ossistiog in provldlng fa¢iliti¢5 for the of football aiid ath¢r 3POrting ￿tLy111¢S, reare&tion or other I¢i8Lir¢ time occupation of such persons who have need for such fa¢lliti¢s by r¢4son of theii. youth, age, inftrttklty oi. disablement, poverty or social at]d ¢conomic cirvumstances or for th¢ piibliG al large in the interests of social welfare and witli the obJ¢¢t of improving thelr conditions of life. 5, Adv4tt¢ing raoial twd r¢liglL)us harn]ony and equality and divtr8ity uinLM?g ¢hildren Rnd young peopl¢ by arrangittg activities (including aotsviti¢3 rUn￿¢ted witEL the game of foolball llt￿ olh¢r SPL)itillg activiti￿} to encoura£¢ shared eriences and intsrests without r¢f¢rence to race, religion, belief, sex, disability, natioiiality, dlmic oi. national origi ' so¢ial background; ond 6. Advwicing the edu¢lllion of Chlldren and young people through such means as the h'ust¢e6 shall tbink fit lll accordance with ¢hArity law. Tlle charity's prlnclpal activ&ty is tko promotion of Sport5 EnBag¢ment and Educaliort by using lootball ps a vehicle for change this is achieved tbTough anumbffl. of &port8 based progi'ftmmes delivered duriug tke y¢ar, Publlc beneflt In setting out tho charity's obj¢thiv¢s w)d planning of activ1t￿S the trustee& h&ve given carethl consideiTrtlon to the Charlty Commission's g¢n¢ral guidallce ￿ld section l7(5) of the Charities Aet 2011. The trustees are confidellt that the ¢h8rity offers service5 of r¢&1 and prdctical use to the Local population arld thciEfv￿ c4)mplies with the respollsibility placed oil ail oharitlgg uTrd￿. the Cbarlties A¢t 2011 lo demonstsxle a publio benefit. Pa8¢ 2 ACCRtNG'foN STANLEY FOOTBALL IN THE COMMIJNITY TRUST LIMITfD (RLGISTLRED NUMBER: 07369852) IUIPORT OFTHE TRUSTEES FOR THC YCI AR J¢t4DED 30YH JUNE 2024 ACHIEVEM£, NT Af4D PKRfiORMANCE Ch2rltAble ACtiviÉi45 Th¢ charity conlinves to deliveA' a range of pi'ojwts our key wEas of Spoi'l Participation, Comthurtlty Engagement, Health and Ediication. Over 30 diff¢rent projects ar¢ now delivered including 8om¢ new on¢s add¢d over the year. The h￿rity ¢ngaged with 21,421 people overth¢ course of 2023f24. spo￿ Pfirtlclp8tion Our Sports Developmwit tsatn focus on engagii)g with the community in ordei. to rais¢ the Lumbei, of th￿e engaging and paiti¢ipating lli physical exercise. 21Y23n4 has seen parlnor8hips strengthen with local schools and community gllbups. The chatity coiitinues to grow d¢livÈry in this avea and coveÈs the boroughs of Hyndburn, Ribblt Valley and Ros8endale. 20￿/24 we i'eceived a n¢w l-yeai. ¢ycle of funding for the e8thblisliEd Pr¢mi¢r L¢y4gu¢ Primary Starg programmg, which provides fantRStio jx'ovislon in our local scl100￿ offerlng a nuinber of hlgh-quality se8sion3 over the y¢aL. TIL¢ pi'ogrdn)me h8s siiics be¢n fi￿ded until at least June 2025 by the Preinier League. 2023r24 we received a new l-y¢ar ¢yole of foiidlng fot the estllblislitd Thrrai¢i' League l4-yenr olds has 5e¢n around100 participants take th¢lr firststops Into football. We've expLtnded our disability sport pro8￿mMe durixJB 2023124 and rsow hav¢ 6 ses5iolls ea¢kn week delivered from the Stalll#y Sports Hub, Communlty Etsgag¢ment The National Citizen Servic¢ (NCS) pmgrnmme 1% hug¢ly beneficial to the ¢ominiinity of Hyndburn and surrounding a￿a5. Thi8 projeut has now been adapted and we're delivering the Community engasemcnt elejuent of It includihg wotkshops in schools and trips to activity ¢entses. W¢ delivered th¢ fjrst of 8 2-year wogramme to arou1￿ 100 participattts. Page 3 ACCRINGI'ON ￿AryLEy thM)OTBALL IN THE COMMUNITY TRusf LJMITLD (RECIISTEI REI D NIIMBER: 07369842) REI PORT OF THE TRUSTI£ES FOR THLI YllAR JINDKD 3QTH JUNfi 2024 The Charnpions prO￿lmM¢ contitlues to go from shtngth to gtreNgth gin¢e it was l&unched in 2020r21, workn'ns in p￿.lnership with Lancashij'e Violence Reduction Network to lackle re-offending and Int¢sration b￿k into the wininunity from those who find themselves ott prob&lion. We one of 7 Lancashire Footb211 Club Comrnwiity TTh￿t'S d]al ￿'e tkow providit)g Ihix uniquB peer menloird support pa¢kago lo r¢sidcnls of our 4r¢a, fooLised on strategies that iniligatB th¢ risk of ve.offending after t'elease froni prison and working with w)ple who have just mov¢d lo th¢ ¢ountry. Our project menlors b¢gin by making ali gss¢ssmenl of Ihe p￿.11¢1pft￿t n¢¢iJs, 8leering tli?n1 Iowards other pmjects and opportunilies that will benefit them. We pi'ovide Ih¢m wilh a vital suppoit neiwork #s they begin to re-esiabllsh their place In th cOnun￿lity. WB lauttched a new Veterans project in 2021122 which sees us en v with local pwplc who served in th¢ anned fO￿¢s, A inixttire of coffee morning5> gatherings ai)d sports sessions hag been dElivtred with aims to incieas¢ ¢Ewemon¢ in futtire years. We'v¢ seen uptak¢ in participation in 2023124 whi¢h sgts us up to firthor d¢velop the pi'oject in the ttire. Health 2023124 hes seen niimerou5 hoalth awareness campai8ns with th¢ charity litjking tn witli vwious oili¢r QTsanisations to SUPPOrtiheir work, The Walking Football proj￿¢ foi, over so￿ has had another suCc￿Sfi11 yeaT. In 2023124 we have had over 60 uniqu¢ participants. New 'Extr& T1￿C Hub's, for men and women over tb¢ ag¢ of 50 wei'e launched at Slanley Sports Flub. A weekly 2.hour session ￿ sfOUP, offeying low intsnsity a¢tivitie5 as darts, dominoes, tabl¢ tennis atsd th¢ ¢hat￿e to 50CLRli8¢ With othgrs in th¢ ¢ommunity. Both 5¢58ions havo Brown over the yellr are iiow a vital offering foi members of our comtnlinity who Gould bo at Tiskof soclol isolatiDn follDwingretiremoit, Fvnding was (mc¢ agttin ¢onfimied in 2023124 to continue a Iicalth project Cdll¢d Joy of Moving, A soho¢)l-based educational pt￿>￿.￿Mme for chiiar¢n ￿e￿ 9-EO yeai's old, It aiEnS encou￿￿8 physi¢&l activity. promoto nuliitional edii¢aÉion and build &watEn¢ss of the importance of a h¢Rlihy diet and aolive lif¢style. In 2023124 ov¢r 1,000 childr￿1 took part ii) tkn 6-we¢k progranune whlch was adapted lo fit inwith government restriotions. All of the abovc has allowed the charity to rdiS¢ Its profile within thls field and roach out to those specialist parlno aotoss th¢ ¢ommunity. Our aith ig to develop this area further in the corniiig y¢aiy. Education 2023124 has bwi 8nOtb¢r sywessFul y¢Ar foi'tho education department, continuillg as one oytkn chai'ilies flagship artrd8. Thework Bxpri'i¢n¢¢ with the local high schools and Colleges offer Rgi'eat insight into thp sports ittduslry for pupils. The Football Bducation programme has 64 students that will gain an NCFE Level Two or BTEC Level Three BKtend¢d Diploma in Sport & wdl as compsle in the 11-a5id¢ CEFA League for two lo thi'ee years. Sinc¢ 8tarting in 2010 11)i8 project has now seen ov¢i 200 sttTdent's prowr&s to vai'ious uThiveLBities diirctly after COLnpl¢tinB ihis coiirs¢. The Cknrkty also conÉlttu¢s to deliver a Foulldation Degre¢, in partn￿'S117P wiib the Univei'sity of South Wal¢s. We also deIiV￿￿￿ a nwnb¢r of employabilily workshops, lillkillg In wlth Job Centr4 Pkns to ty and raise ihe aspiratlons id job opportunities of those unetnployed in Hyndbu A new parinership with Ross¢ndal¢ School sees us deliver alternats've education to a ￿lect nwnbor of their pupils each weeL Athieyements and PerformAn¢e Page 4 ACCRINGTON STATrILKY FOOTBALL IN I'HE COMMiINtTY TRUST LIMITED (RIGISTKRED NUMBER: OY3698$2) R￿1 PORT OF THE TRusfEES IPOR T￿, YLI AR ETr4DED 30TH JUNE 2024 During tho year, the ¢barity engaggd with 21,421 indivlduals, Including ov¢r 3,000 coin&ng froJn10041 primary schools. 1,239 free Acciington Stanlay shiits weip £lven away to all Y￿r 3 thildren in Hyndburn, 3,795 free Ac¢i'ington Stenley ittal¢h iid(ets were given to members of IIL¢ aominunity, as we try ¢0 enEa£e more people in attending mat¢h¢s at lh¢ Wham Stadium, Th¢ charity dellvcrs over 30 cojllmunity projeots in Hyndburn andth¢ surnunding aroa& The openit)g of the new £2m Staiiley Sp¢x'ts Hub facility in Mai'ch 2020 15 tho biggest achievomenl of the Charity lo d&¢¢ and wo had to manage a difficult yeftr of stop stajt provis1￿1 okn stte due to the pandemic. l]ie Stasdey Spoi'ts Hub has hewme a thrlving commiinity faoility thAt Aeorlngton ¢an be proud of fDr mally years to com¢, We aye now aYe￿gIng ftround 150,000 visits p¢r year now all restrictio￿ ￿e temoved &g well as providll)g Iiumerouy job opporknttities for people in the local ar¢a with vaoan¢ios such As re¢eptionists. catsrei4 coordit)&tors and oth¢t keyi'oles. We've invested furth¢r in th¢ gLass fi)olball pitchw at Stanlcy Spoits Hub, with 4 foll now primary dnd secondary dr£th)age systetn. A n?Ny irrigation 8y8tem w&s in8tall¢d in 2022. Plamiing pJ'mi8SlOrt was 8r8nled for a n¢w £lm building oxtFnsion At Stanlw Spoits Hub, with ¢onstruction woths stsrting in Seplembrr 2023 and C4)mplet¢d in April 2024. Th¢ new exlension is a hiig¢ bonefit tr) th¢ organisation and Ihe con)muntiy giollP8 Iliat use the added facilities. Itgivcs us thtt Space we ￿e¢d lo continu¢ lo ww DUF provision. A new 3-year strategy was IAun¢lied om 1st July 2022, and w¢ entered the Se￿lld ytrar of it in 2023124. Ow. 3ttTrt¢￿ has been develop¢d tknbugh deloiled consiiltatiotj both inlei'nfilly externally with local, r¢gional and Mational g1'gaAisations and polieicL We havs collated feedback froni key stakeholdeis, participants, p￿ll1$ find our workfojro Using several m¢thods such as surveys, theetings and strat¢8y foGus groups. The sftDng found&lioiis that were first tablished 5tt 2010 when Accrington Stanley Community Ti'usl were fotmed h&g eliabl￿ us Éo id¢nlify key ￿eaS to focus on in 0￿er tb tnak¢ N diffetelleè to ouy ex>mmunity, This Slrategy comes &t a key tim¢ In thir development ond pIovides ft platform for posits've change and modernlsation going fonv8y(l. It builds on soine &ignificant achlov¢mertts to dat¢aiid on the 8ODd pvogress alreody thadts againstour initial objeotives. Stnteglc Alms l. Provldo A Illgh42uallty Service 0￿, strate8É¢ obJeatEves: - Ett8urB all paiticipants Teoeive a posilivé enioyablo and saf¢ ¢xperioii¢e. - Develop Mnd deliver a qualily I￿sUranCe fr&mework aGIDss all progratnmes and inv¢st im w0A(fo￿¢ development. - Measiire impath thrcpugh (liffvrent techniques and Pliblicise an impact rep￿t annually to all staknhold¢rs. 2. Gov¢i'n and Lead EAfectiveJy Our sbTt¢gic objectiV¢S: - Ensur¢ finau¢lal sustainability. . Enswr tknr¢ is approprlat¢ governance and leadeiEhip 3tru¢ture to 5uppott tlie sttategy attd deliver the charitable &ims and objectives. -Ensurc ¢omplifin¢¢wilh r¢l¢vant l¢gi&latloll and JEgulation. 3. Deliver Inclllsioiil llealth & Wollbelng) Si)ort FArtlL'lpAtAon and Frtlucntion Progrnmm¢s OurstrAt¢gi¢ objective8'. Pivvide a variety of Inclusive pix)jeols that deliver positive changc to disadvantaged and disabled penple in lyndburn. - Build slVOll£ r¢lationship8 wlth thh¢i' OYWdnlsatloll$ to niak¢ a positive unpact on h¢8Itb, well.beÈng and inGlusioll in our ¢ommunity. - Inth'l a5peGts o£heftltli,wolL-being and iiicluslon into the culture of oui. owillisation to or¥4te a laslins lega¢y, - tucr¢&se SporE Pmrtlcipatiortiatts in Hyndburn. -ProvAde high guolity educMÉii)n aTJd exyand currwrt i)tDViSiOii. 4, [1 xpand Optrate an Ex¢elient Community Spo¥t% Hub FAcllity Our 8tt'4t¢sic objectivos.. Page 5 ACCRINGTOTrI STANLEY FOOI'BALL IN THI4 COMMUNITY TRUST LIMITED (REGlS'f£RED NUMBER; 0736Y852) REPORT OF THf TRUSTEI ES IroR THE YII AR ENDEI D 30TH JUNK 2024 - Woik wltlL key s¢4keholders to fuitI￿r d¢signi develop 8nd build an extettsioE] to Ihe indooi, pre￿ of lh¢ st￿11eY Sports Hub. - Provlde 4 ¢ore base for the chArity to use as its h¢adquartors to deliv¢r Qui. ¢hatitabl¢ eims l￿d objectiV¢S. - Maintain a sustainable 8lut8 of the &t sports and education facility for tILe locttl ¢ommunity, g￿￿rOots clubs and voluntaiy sector organisations. At the year end, the ch4rity employed ov¢r 50 mtsmbers of Staty and has fi￿ber ¢sl&blish¢d a strong leam ot skilled indivithlgls Éo develop the woik of the charity fui1her, Fxcilitio5 The Charity opened the rt¢w mulii-mitlion-pound ty)mmunity hub in Mar¢li 2020, whleh Is now the E￿￿e of thg Charity and a base for its pAt)Jtt¢ts. 'The Aims of th¢ sports hub ar¢ t¢> inCiE88e parti¢ip&tiorA in Sport, improvE health and exercise levels and provid¢ rno opportLiniti¢s for disabled peopl¢ lo access vital sport aNd eduGation activitie5. Tho Sports Hub hosts inany pffijects that d¥velop skills for people out of work, ¢re8te new job oppurtunities, inspi1¢ people lo become volunteers foi'10¢81 sports organisations, spoits clubs and cl)ai'i¢i¢s, and PiDvide a pithway for gifted and talented young peopl¢ Into elite Sp￿%. FINANCIAL REVIEW Fin4ncial positio The thArity kn8 generated net inc0￿e of £143,187 in the year to the 30th of Jun¢ 2024, representing a deorcase on that recognlsed in the prlDL' year (£621,566)- The r¢&son for thts d￿￿￿&$¢ 1$ du¢ to ex￿ income from (bnations atLd awth¢d to the charity in the prÉor y¢ar towards t]t¢ cost of the ext¢nsion of Ihe Swyrts Hub, &s catt be seth froin the decreas¢ in donations and lowie8 to £165,21512023: £710.536). There was a deficit ott ttharltsblo aclivits'es of £77,493 {20￿. defioit of £116,927). The reJuctlon In the deficlt Is dwe to a ￿'tH1¢r Inoiease in in¢ome than ¢xpellditu The fr¢¢ Teseryes ot the cbarity {exoludin% &mounl8 hold as fixed ass¢ts) Èmve in¢rea8eil .fix)m a dofjcit of £20,488 to & surplus £85,290. The fr¢e ieseÈve8 had previ0118ly been in a defioit due to ihe charity having used sorne of its own funds in extending the Spoits Hub facility, hDw¢ver th¢ fjEe iwono5 IrtuiThed to a p05ilive fiBure in the Lurr¢nt year. As at th¢ year &id, tlie totrl funds of the charity stamd 8t £3,512,877 (2023: £3,369.690) of whl¢h moro that) 97% is invested in the Sports Trhib faoility to ensllvtt the sustsinability And continuity of the clwity for many yeary to com¢. Resorves policy The objective of having unre8tt'icled funds in reserve, is lo enabl6 the ehatity to cope with Unplat￿ed events. Very Oft￿1, the effects of an Unplat￿ed event b¢ managed in tho IDng-term, butthe ¢haLity needs ￿¢ry¢s in the n)eantim¢. The tn￿lee direclors, set an ovetbll tsrget level for fr¢e ra8erYes bascd on 12 months, net owating costs, This is over and above thos¢ reSer￿S repKsented by r￿ed assets on th¢ balince sh¢¢t. The directors acknowledge that the level of ￿serveS ohatsg¢& durittB the yeai, and could elther be a good Indicatoi. of tbe underlying finallci&l health of the charity: or ¢ould be an indicatorof potential proble￿S. The direclois must tnonit(Ir t￿d rovthw the1ov¢I of i'oserves hnnually. in litte with tho 8uidollc¢ i8su¢d by the Charity Commission. howcv¢i', Ihe level of i'eserves is monitorcd thmug1￿llI the year as part of tlie nornlal rnoniloi'i118 and budgetary reportitw proce5Se& The current level of unrestricted, fite r&8erves Is insuffithent due to the spend on the Cxtettsion of Ihg Sports Hub in the previous year. W6 to to building re2erves to a levd thot is equivalent to 12 months of exp¢nditure, to provlde slabjlity witllin the chai'ity and reduce any risk of ¢Eosyi'¢ due to insufficient ￿t￿]llg. PA￿6 ACCIUNCTOTrI STANLEY FOOTBALL IN THE COMMUNITY TRIIST LIMITF.D (REcigfFRED NUMBFR: 07369852) REPORT OF THE TRusfEI ES riOR TRIE YE4 AR ENDED 30TH JUNL 2024 FifTURL PLANS 2023124 is the second y¢d]' of the charities thi'ee-year business plall which is reviewed And updoted annually, in order to aohteve it5 objectives. Tlie charily plans to continue the a¢tivilies outlined above itt the forthcoming years Subjed Éo fiinding ari'An£¢m¢nls. The Stunlgy Spoits Hub facllily will b¢ 4 key area of growtli for the Churity, estabJishin¥ a bu¢ to ¢xpand CH￿( provision as well as provldliig & lop-¢18s9 sporls faGiMty foi, th¢ community of Hyndburn. Plans were Completed on £lm building ext¢lh5ion and £250,000 invebtment in the grass pltohes. Tlie oharity now aims to 8row its provision with Ihe add¢d fa¢ilities at Stallley spo￿ Hub. rului'8 facility plans in¢lude the constNclion of a n¢w 5v5 Floodlit 3G Cage iii 2024125 to enhance Stalll¢y Spoftts Ilub even fijrther. The charity also plAns to de]ivei' new pl0j￿ts as it Continues to grow yearon year. STRucfuRE, GOVEI RNANCK AND MANAGEMENT Govt1'ttl￿g doeumènt The chatity is goveined by 118 Mell￿r￿}duM and Articles of Association, last updated on the 18th of Apiil 2017, and constttutss a limited eompany* limited by guar8nlee, as defjned by the Cothpaniés Act 2006. Recrultmenl Hrtd appolntmènt of rtew tnlstees New ts'ustees Ar¢ I'¢u￿lIed and appoittted by existing trustees to ensure the boaul maintains an appropriate Spread of knowled8e attd skills to ¢ftable them Éo deliV￿.the ch￿ity'S aims and obJ¢¢tiv¢s. N¢w tru5tses are typically ali'eady of Ihe charity and ￿'e itttroduced fvrth¢r by the board llnd the employees of the chayity, STATllMCI LYT OFTRUSTRES, RESFONSJBILrrJKs Tho tt'usl¢¢s (who are also the directoTs of Accrington Stsnley Footb411 in th¢ Community Tnbst Limitsd for tl)¢ putyoses of eomp8Jky law) are responsible fi)r pi'cparing tho Report of th¢ Trustees and Ihe fmanclal slatem¢nts in ftcwdunce with applicAbl¢ law and Unil¢d Kingdoin Aceouiitin8 Stalldards (UrJil¢d Kingdom G¢nw'ally A¢c¢pted Accoitntittg Practi¢¢). Company i'eqiillTS the tru5t¢¢s lo piepare finxttcial ststemenls foi. each fillan¢lal yefjr which give 8 true and fatr view of the state of affairs of (he LhaiiLablè eompatty alld of Ibe Incomi1￿ r¢sources aiid opplicotion of iesourees, including the lllcon￿ alld uxpettditure of ihe charitable company for Ih&t ￿riod, In preparing those financial statsmellts, Éhe tn]stees are required to sele¢t 8ui¢able accounting policies then apply t11￿￿ consi%tently' observe the n￿thodS p'inciples in the Charity SORP. m&k¢Judg¢menl8 and estiniRts ￿.¢ r¢ayonoble end prud¢JJV. prep￿¢ tho fJnanoial stal¢ments oil tlle going concern basls unles3 It is inwpropi'iat¢ to py¢sutn$ diat th¢ charilable c￿mpAnY will continu¢ in business. The tru8t¢es ore i'esponsible for keepiiig pmper a¢¢oullliii8 records whith disclose with reasonabl¢ Accuracy at any the fm0nGI￿ position of the ¢harit8blo company and Éo enable th¢m to ensure that the r]nanci41 statements comply wlt the CompaThi¢s Act 2006. They 4]re also reBponsible for safeguurding ihe o&qets of ttie ¢hanlable company and h¢nco for lalver the other infomiation anl oxc¢pt to the extent othenvlse expli¢itly sthted in our report, we do llot exprnss gny form of R55ufduce ttonolusionthereon. Itt connection wtth Qui. audit of th¢ fiJwi¢ial statements. our resp(Jnsibility is lo read the otker infomiatioTh and, in doing so, consid¢r whcihei. the atlier information is materially in¢onsislent with the ftt]anGi81 BtAt¢m¢nts or ow knowledge obtaihed in tlie &udit or othenvÉse appears lo be materially mi8Stal¢d. If we id¢ntify such material it]¢ot]SISt￿OIeY OT apparent m&ts'i&l misslatements, we are iequiiEd lo dÈt¢m?ine whether tl)is gives rise to a matsrt41 NIiSBtalem¢nt in th¢ flnancial stats)18nts IheJ13elvos. If, baged OD the work we have perfoimed, ￿ eowlude that theff is o mat￿1&] misstat¢ment ofthis othw information, we arc rcquired to reportthat fact, We have nolliillg to ieport in this i'$￿r(L Opimlons on Oth￿ ffjatters prescribed by tlie Componlu Aci 2006 In ow. oplttion, based on the woIk undertaken ill th6 Cou￿¢ of the audit the Inf￿￿alL0￿ given in the R8POrt of the Trustees foi. the finanoiAI yeor for which the finttncial Statements PTepaved ig consistent WLtIL the finanoial statements. 8Thd theRq)ortof tho T￿￿te¢S hfts been prOpa￿d in a¢cordan¢e with appl%¢abl? lewLI requirements. Page 9 RLIPORI. OF THE INDEPENDENT AUDITOIiS TO THE ME[￿BERs OF ACCRtNCTON STANLEY VOOTBALL IN THE COMMUNrrY TRUST LIMITED MAItW'8 oll whlch we are Yequired to report by txteptlon Tn Ihe ligllt of the knowledge 8Jid undei'standing Df Ihtr charitabl¢ company and its environmet)l oblain¢d in the u)Ml%¢ of the audlt, we h&ve not Ideiitified niatcria] mi85tattrm¢Trls iii theR¢port of the Th(stees. We have nothing to N)ort in respect of Ib¢ following matteLS wheye the Companies Act 2006 requires us to report to you if, in our opinion.. ad¢quate a¢coutttiiig records have not beeii kegt or i'eturns ade4uate foy our audit have not been received from branches iiol visited by us. oi. th¢ financial statemenls air not in agreement wllli th¢ a¢counthg records and returns. or certaill disGlosuteS oftrustees, Itmutteralion specified by law are not Inade. OL w¢ hav¢ not i'ecelved all Ihe information and explai)ations we i'equir¢ f(x' out audit; or tlie trustees wa"e not ¢nlitled to take advarttage of the Bmall Gompaniw ¢xeRnPtion from the requirginent to pr¢par¢ Strat¢BiG Report or in pr¢paring the Report o£the Trustees. Respo1￿1b1AitiQj oftrustee8 As ¢xplained more fully in the Siatsmertt of Tn￿tee$, Respoiisibililies, the Iru8te&% (who also the dire¢lors of the obaiitoble compw for th¢ puipos¢s of cotnpauy law) ar¢ rnspon8iblt> foi'11)e preparalion ofthe fiAancia5 statemeiils and for being satisfied thrAt th¢y giv¢ a tsu¢ fair view. atd for such int¢i'nal wnlrol as the trust¢¢s d¢temiine is ne￿ssary lo eldile the preparation of finan¢tal Statements that arc free from matei'ial misqtatemejil wholher due lo fiaud DI. ei'ror. tn prep8rittg tb6 financial ststem¢nts, th¢ tru5tee3 are rBsponslble for %SSL88iiig the ch&ritable compally'$ abllity to contillue a8 o goin¥ conwm, dis¢losin& ps applicable, matters related to going cOn￿n and using the going con¢¢rn basts of a¢uJunling iinS¢ss the tn￿te¢S eitlier iThtsnd to liqutdmte the ¢havitablc company or to ¢efi¥e operation8, or have no r¢alistlC 81tema¢iv¢ but to do so. Pllge 10 REPORT oii'ri.i£ INDKPETIDENT AUDI'I'ORS TO THE MEMBE￿ O ACCRINGTON STATrILEY FOOTBALL IN YHE COMMUNITY TRUST LIMITED Our resp4)nslbllltles for the audit ofthe fiiiancial st*temonts Oui" Objec￿V¢S ar¢ to obtain reasonable assurance about wh¢th¢r th¢ finan¢Èal ststem¢nts as a whole are fre2 fiDm aterfal inlsstatemen( whether due lo fi'aud or error, attd to Issue & Repoi'l of the Independent Aiidit013 that Includes oui. opinion. R¢4soiiable assurane8 Is a high level of ass￿￿¢¢, but is Iiot a @uarAnt¢e Ihat an audit condvoted in accoi'd8nce with ISAS (UK) will always dete¢t a muleri81 misstatemernt when it exis￿ Mtsstslenw)ts can pxise fjvm frttud or errol, ottd &r¢ consider￿ mal¢i'ial if, Individiially or in the aggrcgale, th¢y could re8sonabty b¢ exp¢¢t¢d to thfluen¢¢ th¢ economio deGisions of users taken on the basis of th¢sc fin4nci31 statements. The extent to which our procedures are cupable of d¢te¢ling irregularltlos, Inoludlng fiyud is detailed below,. Idenli itt and 8ssessin l&led to i Jn identifying aiid assessing risks of matetllal mtsstAtement in respect of irr¢gularitl¢s. wo oon51dei.ed the followlllg: tkne nature of the ii)dustsy and 3¢Gtoi', ¢on¢rol ¢iivii'DDJnent buslness perfOrnI￿]ee including the koy di1Ve￿ for diiEc4oig iemun¢ratlon and dividend lev¢ls' results of our enquiyies of manwm¢nt obouttheir own idetttificatlon #nd assessmentof the risks of iriEgulRrlties' atty matters we identified having madc ¢nquiries of management 4bouttbou' policies find procedure5 relatihg to.. idcrntifyh￿, evaluating and coinplying wllh laws and r¢gulalions and whetherthey w¢i'8 aware of ￿Y instancos of nonwmpliftnce" > deleoting and responding lo the ri8k8 of fitud and whether Ihey have knowledge of pny actual, susp¢cted or alleged frdud. > the Int¢mal controls established lo mitigate risks of ft'&ud ornon-compliance with laws and re8ulaÉlon4 he matters discussed among the audit engagtmvnttsam ￿gardillg how and whu'e ftaud might occur iu the fillancial stst¢m¢nts and any potential indicatorR of fraud. As & i'esult of th¢w pro¢edur¢s, we congidered the OPPDrtunili¢s and incehtlves thatmay trxist within the oiEaT)Isation for frxud. In common with all audit8 ulldÈt ISA5 (UK), ￿ art also r¢quired to perforni speoifio pi'ocedures to r￿polld to ibe risk of At&t￿gOin￿tt oyerride. We a150 obtained att unders¢onding ofthe legal and regulatrjry fiEmewoLks thatthe company operates iffj focusing on provisions of those laws alldregu]alions Ihat had a diteut effect on Ihe del¢rn]in4tson of m8terial amounts and disclosur¢8 in the fthatt¢lal statom¢nts. The k¢y laws and regulations we Consider￿ ill thi8 context included the UK compani￿ Act aAd local tsx l¢&i8lation, In oddition, we considered provisioms of oth¢r taws and r¢8ulatiorts that do not Imve a direct effect on the fjtianoial statemenls, but compliatice with wlil¢h may be thndamental to the company's &bility lo opertrte. dentified As aresuli of perfonning the E4bove our pro¢edui'es to iespolld to the i'i8ks idsntified included the follijwiug: revi¢wlttg th¢ finalloial Stat￿ents disclosurL' and te8ting to supporting docuth¢ntationto w¢ss ¢ompllallo¢ with prDvisiong of iElev&Dt laws and Tegiilations desurlbed as l)oving a dircot ¢ffect on the financial stalem£nl kquifitLg of niallagemorit about &¢tual and potential litigation and alaim p￿.[armIng analyttcal procedwrs lo identify any ullusual or UrnexpKt￿ r¢lalionship8th21 may indicate risk of rnat¢iial misstaleiiitsnt dueto fraud. obtain¢d an undet%tanding of provisions and held diwussions with mon￿¢1ment to understand t&e bosis of r¢cognition oi non-ff¢ognition ot tax provisions. and Èh 8ddiesging Ihe risk of fraud throll￿ mat)agement ovenide of Gontrols, testing the appl￿PE1￿1enesS ofjournal entries and otheradjuslm¢nts' assessÉng whether thejudgeinellts made in making accounting 65tlmates IndKoativ¢ of apotenlitd bids,, and evaluating the bJsinEss rationale of 4ny slgnificmt transaclions th8t èll'e unusual or outside th¢ llornial course of bwiness. &r¢ inllerent limitation8 itt the audit proc¢dures descilbed al)ove at)d the fvLth¢r r¢moved ihe n0￿COMp￿8￿Cl wi laws and regulatloiis 15 from ¢venlg and trallsaclions refiected itt the tinallcial Stat'ements the less likoly we would becom¢ aware of it. Algo. the risk of not detectinB a Materi41 ￿]ss￿tement duo to fixud 18 ht8her than the I'isk of not detecting one i'e5ultillg error, as fiaud thay Invofve delib￿ate eonixalmettt by, for exampl4 foig¢ry or ittlentiottal MIS￿p￿esen1Qti0A]$, orihrough collusion. PaB¢ 11 REPORT OF THE INDfi PENDKiflT AUDITORS TO THE MLMBIRS OF ACCRINGTON STANLII I, FOOTBALL IN THE COMMiiT4XTY TRUST LtMrrED A fvrth¢r desci'iptioll of out, I'espDnsibilili¢s for Ihe audit of the finaTroial statem¢nts is localed on th¢ Fintui¢ia] Rwiing Council's websit¢ al www.fr&ofg.ukIauditor5resppnsibiliti￿. This desa'iption foi'ms part of 0￿, Repoit of the Independent Avditots, Use of ovi. repDrt This r4)ort Is made solely to the oharitRblg oompMThy's m¢mb¢rs, fj8 a body, irt accordan¢e with Chapter 3 of Part 16 of the Compani¢s Act 2006. Our audit work has beon undcrt*ken so that we might slate lo Ilie choritsbl¢ compllny's members tho* matters we &re iequired lo slate lo th¢m iii auditors, repoit aiid for no othtt pu¥p)ge. To tho full&%t exlenl pemiitted by law, wc do nDI aLcept DI, &ssume responsibility to 8nyone othsr than the cbariiable company Rnd the charitable comp8Jils menibers as 8 body, foroui. audit worL foi. this repoit, or for the oplnions we hav¢ formed. M¢] Henry Seni tatutory Au for aiid on b¢half of Ainsworths Liillitgd Chart¢r¢d Accountants and Statsilory AuditOl'8 Charter Hou8¢ Sta#sfield Street Nelsi)n LaNeashli BB9 9XY 26thMarch 2025 Pas¢ 12 ACCIULYGTON S'I'ANLLY IIOOTBALL IN TH COMf+tUNITY TRUST LIMITBD STAT'EMENT ofi FINANCIAL ACTIVITIES (INCORPOIIATIP4G AN INCOMK AND EXPENDITUREI ACCOtiNf) VOR THEI YEAR JINDED 31YIH JUNII 2024 30,6,24 To¢#1 fund$ 30.6.23 Tol fisnds Unrestrict funds Rtstri¢ted fiJiids Note8 IIYCOME AIYD ENDOWM￿￿￿rS FROM Donatioiis and legH¢i¢s 74,999 9fj216 165?J5 710,536 Charitable activlties Spoits engaL4em¢nt and education 706Ag 291,4110 997,890 868,774 Otber tradtng actlvlties lllveBtment incoinc Ot&¢r iL¢om¢ 72 J49 5,401 988 72,349 &401 988 42,061 124 Total 860227 381,616 1,241,843 ,621,495 JIXPEf4DITURE ON Raisliig funds 19,42d 3049 23,273 14,228 CharttAbAe activities Sports eng&gethent aftd eduoation 748,9S2 326,431 1,075.383 985.701 Toknl 76&376 330,280 1,098,656 999,929 NKT INCOIVi Tr#nsftYs between thnds 91,851 51,336 143,187 621,566 21 (51J36) Net movoment In funds 143,187 143,IWI 621A66 RECONCILIAI'ION ofi FUNDS Total fi￿dS broiighi fotward 3,369,69ti 3 J69,69 2,748,124 TOTAL ￿uNDs CARRIED FORWARD 3011877 3,512,877 3J69,690 The notes form part of these ftnanclal 5tatsm¥nts Page 13 ACCRINGTON STANLEY FOOIBALL IN TH COMMUNITV Tftu￿f LTMITCD (REGISTEI RED NtIMBER: 07369852) BALANCJ¢ SHEET 30TH JUNEI 2024 JO.6.24 Tot*1 tunds 30,6,23 Total funds Unreslri¢t¢d funds R¢strirfed fut]ds NoteA FIXED ASSETS Tangible 8S8els 15 3,421,575 3h2J,575 3,390,178 CURRENT ASSETS DebtOK8 Cash at b8nk and in hand 16 112278 223,186 2,345 10,268 114,623 233,454 76,305 120,575 335,464 13,613 348,077 196,880 CRLI DITORS Amounts falling due witht'n one y¢&r 17 (18d,162) (12,613) (196,775) (137J68) NET CURRL'NT ASSETS 151002 1S1,J02 TOTAL ASSIITS LESS CURRENT LIABILITIES 3,S72077 3,572,877 3,449,690 CRKDITORS Amounts thlling d4K after mor¢ Éban one year 18 (61i,QOO) (60,OGO) {80,000) ]YET ￿ETs 3,512077 3,512077 3,369,690 FUNDS Uurestri¢ted fynds 21 3,S12,877 3J69,690 T(yfAL FUNDS 3,5121177 3,369,690 These ful￿1￿1￿1 statern¢llts have been Ptspared In accoydattce wlih the y￿VIsIOnS appli¢abl¢ trj ch&rltable comp*iii¢s subJ¢ot to th# stt)&ll cojwies Tr￿Me. The fin*i¥ial stat¢meJts wcro approv¢d by the boanl of Tn￿te¢S aÈid authoriseAI for ￿su¢ on 26th March 2025 l￿d were sign¢d on its behalf by: P Ali- Tn￿￿e8 Tkn¢ notes form part of ilLBgo finatscial ￿atementS Page 14 ACC'RINGTON STANLEY FO(YTBALL IN THE COMMUNITY TRUST LIMITED CASH fLOW STATEMENT roR THEI YEAR llNDLD 30TH JUNE 21124 30.0.24 30.6.23 Not¢s C#sh flows fi.0￿ opei'ating llctivities Cash getier&ted from op¢tations Intorest pald 291,585 {9970) 633,552 Net cash pi'ovided by operatin8 &Qtivitios 281,615 633,552 Cksh Ilowg Th'om Invesdn¥ actlvltles PurchRs¢ oftsnsibl¢ fixed a8Sets Sale of tsrgible fixed a88et8 tterestreeeived (161,137) y,000 5,401 (1,228,331) 124 Net cash u.sed lrt investing activities (14B,736) (1,238.207) Clsh Ilows (l'o￿ financing ae*iyities N¢w loans in ye Loan repayments in year 100,000 (20,1100) Net ¢esh (uwl Inyp￿Vlded by financing activit1¢8 (20,OLIO) i 00.000 Cbango th eA$h eA$h eqiIfvA￿nts In the ropurtkn£ perlod Cash wild ¢4$11 tqulvalonls llt the b6gimilii# of tli¢ i'eportRng ptrlod 112,879 {504,655) 120,575 625,230 Cash ahd tksh tqulvAl¢nts at the wid of the reporting period 233,454 120,575 The notes foilli p￿t of these financial statements Page 15 ACCRING'foN STANLLY FOOTBALL IN 111 COMMUNITY TRUST LIMITED NOTES TO THE CASH fLOW sfATEMEl•¥r FOR THE YII AR ETr4DED 30TH JUNE 2024 RCI COIYCJLIATION OF NKT INCOMK TO NET CASH FLOW FROM OP￿% RATING ACTIVITIKS 30.6.24 30.6,23 Net illcome for the AV•Ortlng perlod (a8 per the Statement af Vinaneiil AetRvltles) AdJustTheDts for: Depreciation chwges Plofil on disposal of fixed assets InteFest i¢r¢iv¢d nl¢rest paid LoaTh written off iThthe year {In¢r¢asoyd¢cr¢fts¢ ii) debtors In¢r¢ase in creditors 143,187 621,566 123,728 (988) (S4Ql) 9,9YO 93,111 (124) {104,924) 1775 21,148 (38,318) 59,407 Net eash provldÉd by op¢i'atlon3 291,58S 633,552 ANALYSIS OF CHANGII S IN NET FUNDS At1.7,23 Cash flow At 31).6a4 Jyet e&sh Cash at bank and in hand 110,575 112079 3A54 120,575 112,879 233rt54 Debt Debts fallins due witliin l year Debts falling due aftei. l year (20,000) (80,000) (735) 20,000 (20,735) (60,OLIO) (iio,000) 19,265 (80,735) 'ot#l 20,575 132,144 152,719 The notes form p￿t of those fln*ioial statements Page 16 ACCRfNGTON S'I'ANLEY fooTBALL IN THE COMMUNrrY TRIJW LIMITED TrIl￿Es TO THL f￿ANciAL STA￿5 METr4TS FOR THE YEAR ENDED 30TH JUNE 2024 STATUTORY INFORMATION Acorin8ton St4nley Football in the Conimunity Limitsd is 8 chai'ilable oompany, limited by guarantee, registered irt BllgI￿d and Wale8, Thc aharity And winpany ￿gIstered numbers and rcgistei'ed office address cali befouttd oiithe Coinpany Infomialion page. ACCOUNTtNG POLlCtES Asls of pleparihg the finAn¢ial sthtomenls Th¢ financial sl8tements of the chai'itablc cotnpaiiy* which is a publio benefit ¢ntity under FRS 102, have bee PT¢pwrd in accordanc¢ with the Chariti¢s SORP (FRS 102) 'Ac¢ountin8 and ReportinB by Cliaritiw,, Statement of Re¢ommended PraotSc¢ applicable to charities pi'epuring their &c￿u￿18 in a¢cord4n¢e with tho Financial RepoTiing Stpndaid applicable ui the UK 8md RepubIio of Ireland (FRS 102) {efft¢tiv¢ l January 2019),. Financial R¢porttng Stsndard 102 ￿le Financial Rgportins Stsndai'd appEic&bl¢ in Ihe UK Republi¢ of li'eland, and Iho Companies Aci 2006. Tho tmanoial statemonts hav¢ been pttp8yed under th¢ historical cost convention. A¢¢rittgton Stanley Football itt the Community TN8t Limitsd meets the defirtitiDtt of a public beneflt entity under FRS 102. clitic￿ *ceounting jlldgemÈtst$ ond key soui'ees of estifftatlon un£ert21nty Preparation orfhe 'firtanciat st&lements requ￿£& mattag¢menl lo make 5ignificllnl judgements llrtd estimates. are& of estimation is ltt resp¢¢t of the uÈèful lives of fixed axsets. The dgpiroiation ral¢& uwl oatt b¢ idÈThtifl8d In the fixed asset ￿CoUnting policy below. Income All in¢oining resources inaluded on the Stal¢m¢nt of fknanci&l A¢tivities Ivhen tlie ¢harity is legally entitled to Ihe income aDd the umount call bo quautified with irason&ble accuracy. receivabl4 donations and Income from c]witabl¢ aclivilie5 ale ae¢ount¢d for when du¢. Incom¢ Is deferred when it 15 rec¢ived in advonce of Éh¢ ppliod to whloh it r¢l&tsg. LeBaci&s are recogniwd nt Ibe eRAler of: the oharity is aware that pmbate has be¢ll ￿IllIed, thc eytste has been fiDaLised and iioÉifjcatlon been by the exeGurfs) to the ch8tiÉable eotJpany that a disirfbutlon will be mad4 oi, when a distribution is iE¢eived fron) th¢ estate, Investment income is r¢¢ognis£d oil a receivdbl¢ basis, xpenditure Expenditure is recognis¢d onLY their is a legal or ¢on5fNctive obligation to make a payillent to a third party. it is Probable that settl¢mettt will be required, and the amount of tho obligation be measur¢d reliably, Expendltu is ¢188sified und¢r ¢bffjitablo aativitles and Ihffly as30¢ial¢d sui)poits. Thngible fixed A8$ets Depreciation is provlded al the following annual rat¢s in ordei. lo wrlte off ¢ach ass& over 115 estimated usefi]I Itfe. Short Iwehold Plalltand niaGhln¢ry Fixhiirs ￿ld fittings Motor vehl¢les Computer equipment 4Yo on cost, 2% on ¢ost wul Straight lin¢ ov¢r 10 years 5Yo on c05t and Stt'aight liiie ov¢r 5 years 15010 on reducing baLallce 25YD on i'eduGing baignce Stsaight Iln¢ over 3 y¢ars Addition￿ building works ar¢ ollly depreciated onc¢ completed and bKJught into use. PAge 17 continued... AC.CRINGTON STANLEI Y FOOTBALL IN THE COMMUNITY TRUST LIMJTCD NOTE¢ S TO THE IIINANCIAL STAYXIWIENTS- cotttlnued I OR THE Yfi ARENDED 30TH JUNE 2024 ACCOUNTING POLICIES- continlled T$xalion The tharity Ig exempt froLn coryoi'ation tax on ils chdtitAbl# aGtivitiEB. Fund &c¢ounting Unreslricl¢d funds can be used in accordance with the charltable Obj￿.￿YeS at the diJcr¢tion of dLe trusl¢¢s. ReBtricted fullds cftn omly be used for particular r¢stricl¢d puryoses within the objeots of tlie Ch￿lty. Rests'iclions arise whett 8pecified by the donor or when ￿ndS are raised for particular i'e5tri¢ted puryoses. Further explartation of the nature andpuipose ofeach fund b In¢luded inthtt tsot¢s to the f￿￿n0(al statements. Hlr¢ pvrchlse le4sing tommitments Rentals paid undei. operatirtg 1¢aS￿ are ch￿.ged lo Ihe Stalenient of Fliian¢ial Activities on a Straight line b&8iS Ov￿. Ihe pcriod of the lease. Pension eosts snd other po$trretir¢nient benefit8 The ¢harilable company op*ate& a dgfsned contrlbution pellsion scheme. CoTktribuÈions payabl¢ ts the Gharitablè company's p¢nsion $¢hem¢A￿ charged lo the StateEnen¢ of Finanoial Aotivitie% inthe p¢rists Olh¢r p¢nsion costs 604,463 38,773 13059 576.617 34,920 11.830 656,595 623,367 Page21 continued... ACCRINGTON sfAP4LEY FOOTBALL IN TH CO1￿MUNITy TRIJST I.IMITED NOTIS TO THE FtNAP4CIAL STATEMEr￿S- eontinued VOR THEI YEAR £1 NDLI D 30TH JUNE 2024 13. STAFfi COSTS- coiitlnued The avera8¢ monthly nuÈnber of wnployees duTinLI the y¢arwas as follows: 30.624 35 30.6,23 36 Chaiilable Activtties Man&gem¢nl and Adminis¢r8ilon 40 42 No employees iweivtd ¢Jnoluments in of £fjQ,000. Total employe¢ benefits paid to the ¢hariWs k¢y managem¢nt personn¢l for thc year ended 30th June 2024 was £155.809 (2023: £134,274). 14. COMPARATIVES ItOR STATEMENT OF F￿NANCIAL AcrtVlTIKS Unr¢stii¢led funds Reshict¢d fvnds Total funds INCOME AND ENDOWMENTS FROM Donations and legacies 710,536 710,536 Charit4blc actiwitie5 Sporls ongagoment and education 52E,626 347,1411 868,774 OtheTti'&din8 acllvltles IILveslment inr,om¢ 42,061 124 42,061 124 Total 1,274J47 347,148 1,621,495 EXPENDITURK ON Raising fimds 14,228 14,228 ClJ#ri¢able activities Sports ¢n8a8etlleht and education 638,553 347.148 985.701 Tola] 652,781 347,148 999,929 INCOME 621,566 621,566 RECONCILIATION OF FUNDS Total fiinds brouglit fonyard 2,748,124 2,748.124 TOTAL pu￿D8 CARRIILD ]7ORWARD 3,369,690 3,369,690 Pag¢ 22 ACCRTNGTON STAINLEI Y FOOTBALL IN TH COMMUNITY TRUST LIMITED N(yrEs TO THE FINANCIAL STATJLM]CNTS- tolltinued OR THE YEAR ENDED 30TH JUNE 2024 IS. TANGIBLE IIlXED ASSETS Fixttir¢$ Short leasehold Plant alld ntachiiieiy fittin85 COST At 1st July 2023 AdditlOll8 Dlspo£ats 3J23,483 115,1J03 195,974 37,613 (9,250) 100,061 7,734 At 30th Julie 2024 3A38,486 224037 107,795 DEI PRECIATKON At istJuly 2023 ChaLEe for year Eliminated on disposal 213.S23 85,326 1.4,360 20,761 (3,238) 11,936 lJ,935 At 30th June 2024 398,849 31,883 25,8YI NET BOOKVALUK At 30th Jun¢ 2024 3,139,637 191454 81,904 At 30th Jiin¢ 2023 3,109,960 181,614 88,105 Motor vebloles Computer equipment Total& COST At IstJuly 2023 Addition5 Dffisposals 31,S55 3Q837 787 687,910 161,137 (9350) A¢ 3tith Sun¢ 2024 31,SSS 37,624 3039,797 DKPRECIATION At 1st July 2023 Charge fory¢ai' Elitllittaled on disposal 21864 1,673 33.029 33 297,732 123,728 (3,238) At 30th June 2024 26J37 3&062 418222 I TBOOKVALUE At 30th Jutte 2024 5,018 2.562 3,421,575 At 30th June 2023 6.691 3,808 3.390,178 Page 23 )nlinued... ACCRING'roN s'rANLEY liX)OTBALL IN TME C.OMMUNITY TRIIST LIMITLD NOTES TO'fHE FENAP4CIAL STATLMENTS- ¢ontlnued VOR TItK YEAR II NDDD 30TH JUNCI 2024 JO. DKBTORS: AMouNf8 FALLtNG Dull WITHIN ONE YEAR 30.624 30.6.23 Trade debtot oihei. debtOT3 Prepayments and awi'u¢d incorti¢ 50,678 44,611 19,334 68,204 8,101 114,623 76,305 17. CREDrroRS: AMOUNTS FALLtNG DUE wrrHIN ON￿ YKAR 311.624 30.6,23 B&nk108ns and overdiafts (see note 19) Trait¢ creditoi's Soolal security and other taxes A¢cruals and deferred income 20,735 144,402 3,036 28,602 20.000 67,388 2,416 47,564 196,775 137,368 IB, CREDITORS: AMOUNTS FALLIIYG DUE AWILR MOIiE THAN OIYE YEAR 30.0.24 30.6.23 Battk loans (see nole 19) 60,000 80,000 19, LOANS An analysis of the maturlty of loans is giv￿1 below.. 30,6.24 30,6.23 Amounts falling due within one year Osk demand., Bank lows 2(1,735 20,000 AmouDt8 falling ￿tW¢¢n on6 two years: Bank loans 60,OOtJ 20,000 Amounts falling due between Ewo and five y¢ars: Bank loang 60,000 Page 24 )ntiniied... ACCRINGTON STANLEY FOOTBALL IN'1,￿4 COMMUNITY TRUSY I,IhllTED NOTES TO THE F1Tr4ANeiAL STATEMENTS- coLtlllued OR YEAR KNDllt D 30TH JUNE 2024 20. SEI CURKD DEBTS 'rhe following 5e¢uiryl debts are inolud¢d within ¢yeditor8: 30,6.24 30.0.23 B￿lIk loans loo,000 Tli¢ IoAns tw¢ secured by fixed tloating chw'8es relatlll8 to the property and undertakiiig of the charity, 21. MOVEMENT IN fiUNDS N& TnoY¢m¢nt in funds TIw￿terS ts0¢￿¢n nds At 30.6,24 At1.7.23 Unl.￿trICted General fi&nd Funds held as fixed assets 120,488) 3090,178 21.5,579 (123,n8) (109001) 161,137 85290 3,427,587 3a69,690 91,851 SA,336 3,512077 RestriLtod fund$ Business Developtnent Th¢ Football Foundatlort The CIWMT 10,00 31,336 10,000 00,000) (Jl,336) (ifjooo) 51,336 (51,336} TOTkL FIJNDS 3J69,690 143,187 3,511877 Page 25 ntiiiucd... ACC'RINGIDN STANLEY FOOTBALL IN TU COMMUNITY TRUST LTMFfED Tr40TES TO THE FINANCIAL STATEMENTS- contlnued FOR THK YEAR LI NDED 3OTll JUNE 2024 21. MOVEMENT IN FUNDS- contlnued N¢t movenjent in funds, included in th¢ above as follows: Incomittg r¢souT¢es Moveinerkt In fuLds expended Unl￿trICted fund$ Gertoral fuRd Fiittds held as fixed assets 860,227 (644,648) (123,728) 215579 (123,728) 860227 (768,376) 91,851 R¢strlcled thnds NCS Funding Pr¢nii¢r Lea8trePrfmary S(aTs PremierLeagu¢ Kicks Premier L¢&gu¢Fot)s Fund The English Sport8 Council Veteran5 Foiindation GrnrLts VlolettceReduction Network Woi'kei's Ediic8tion Asso¢lation BusinessDevolopm¢nl Sky Bet The Football Foundation Tur11￿ ScheD]e Premier Leuguv C&pablllty Gr&fit SIIEdgRméS UK The CIWMT The Artned FoiL*S CoVer￿￿t Fund Trus't 23,173 6S,000 35,1100 25,000 7,071 9,632 6&t)76 20,490 10,OOD 10,000 31J36 38,880 10,000 (23,173) (65.(MIO) (35,000) (25,000) (7,071) (9,632) (66,076) 120,490) In,ooD (io,ts(>o) 31 J16 Q8,880) (10,IIOD) (4,000) 10,000 15,958 10.000 (11958) 381,610 (330,28Q) 51,336 TOTAL FUNDS 1,241,843 (I,U98,6S6) 143,187 CothpA YatRves foi, ￿0vOn1cnt In fiinds Nel ]nov￿Qnt in funds Transf￿% b¢¢w¢en nds At 30.6.23 At 1.7.22 iJnre$til¢ted funds Cei)&al fund ittds held 8g tixed assets 608,090 2,140,034 656.417 {34,851) {1,284,995) 1284,995 (20,488) 3,390.A78 1748,124 621.566 3969,690 TOTAL JfUNDS 2,748,124 621,566 3 J69,690 P&ge26 colltinu￿.- ACCRINC.TON STANLEI Y FUOTLIALL IN TH COMMUNITY TRIJST LIMITED NOTfi S TO THE FINANCIAL STATLMIINTS- contiRued VOR THLI YKAR ENDED 30TH JUNII 2024 21. MOVEMEiYf IN rurqDS- eontiiiu¢d CotnpaL7UV¢ nel movement in fi)n(1s, included in th¢ above are as follows,. Incoming resour¢cs Movernent in funds expended Unttsti'let¢d funds Gell¢i'&l fvnd Funds hèld &$ fixed assets Stkt¢l Gatnes UIC Act[￿ Lancathire Football College ColtoA lud M¢m T. 1,036,774 (380,357) (34,851) (3,SQO) (1.193) (221880) (10,000) 656,417 (34,851) 3,500 1,193 222,880 10,000 1274,347 (652,781) 621,566 Restrlct¢d thnd8 NCS Fundin8 Premier League Primary Stars Pr¢niier Lefigue Iclcks English Foolb&ll L¢asue Trust Tlie Football Stsdlalmpro￿meNt1F&ttS Fund Y Not Aspii'¥ UniveJ3ily of Soutli Wak6 Holiday aGtivty fund Aeorington Stanley Community Tn￿1 Edu¢ation Agffement BHF Blood Pressui'o Viol£nceR¢du¢ti(InN¢twoi'k Workers EdÈic&tion Association 61,447 65,1)00 49,500 12.810 (61,447) (65,000) (49,500) (12,810) 7.936 150 39.958 20,730 (7,936) (150) (39,958) (20.730) 1,000 4,SOO 60,302 23.815 (i.ooo) (4.500) (60,302) {23,815) 347,148 (347.148) TOTAL FUNDS 1,621,495 (999,929) 621,566 Transfers betw¢en funds m'&nsfers are ati to the designated fixed ￿S￿S fund i'epresenting ass¢ts purchased ftom generBI fLinds. Page 27 coi)tinu¢d_. ACCIUNGI'ON STANLEI Y ro(YA'BALL IN THE COMMUNITY TRUST LIMTfED NOTES TO THE FIIYANCIAL ￿AT￿mE4 NTS- ¢ontlnued FOR THK YKAR D 30TH JUNfi 2024 22. CONTINGENT LIABILITILS The vh&'ity i'eceived grAiit funding of £lm from the Football Foundation lo construct th¢ Stsnley SpDrfs Hub from which the ¢harAty op¢rat¢g. A charge is re8i5tered itt favour of thc FootbHII Foiindalion over the Stanloy Spoits Hub in ¢as¢ condttions attached to the ￿all1 ￿'e brvached. The cbarge is to last a peliod of 21 ye3rs, 6xpÈrJng on Ihv 51h of May 204 l. Thr cairying omount of the 8ss¢l secured ut 30th June 2024 is ￿,139,637 (2023.. £3,109,960), TheLe have been no breaches to dale and lh¢ ttwstees dD not foiuee that any su¢h ￿10h will o¢cuL'. 23. CAPITAL COMMITMEI NTS Dming tILe Current y¢ur, lh¢ charity eiitered Into an a8reement to consttu¢t & new 3G playing at their Gii*Yent facilities at ThoiYeyholm¥ Ro&d. A total of £70.438 has b¢¢n ￿ntracted for constivotion woi'k for collstiuolion work whlth did not ¢omm¢n¢8 untÈl Juty 2024. Thei'e wlls no suth commfttment at tho ettd of the prior finanGial year. 24, RELATED PARTY DISCLOSURES There wwe t)0 related pariy transaction8 forthe yearended 30th Jun¢ 2024, Page 28