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2023-12-31-accounts

Company registration number: 07370021 Charity registration number: 01140394

Street Soccer Academy

(A company limited by guarantee) Annual Report and Financial Statements for the Year Ended 31 December 2023

McKellens Ltd Chartered Accountants 11 Riverview The Embankment Business Park Vale Road Heaton Mersey Stockport SK4 3GN

Street Soccer Academy

Contents

Reference and Administrative Details 1
Trustees' Report 2 to 6
Statement of Trustees' Responsibilities 7
Independent Examiner's Report 8
Statement of Financial Activities 9 to 10
Balance Sheet 11
Notes to the Financial Statements 12 to 21

Street Soccer Academy

Reference and Administrative Details

Trustees Mr I J Scholes Mr D G Wynd Mr M Turley Mr S Dixon Mr D M Kruczek Charity Registration Number 01140394 Company Registration Number 07370021 The charity is incorporated in England and Wales. Registered Office 1-3 The Courtyard Calvin Street Bolton BL1 8PB Independent Examiner Paul Roper McKellens Ltd Chartered Accountants 11 Riverview The Embankment Business Park Vale Road Heaton Mersey Stockport SK4 3GN

Page 1

Street Soccer Academy

Trustees' Report

The trustees, who are directors for the purposes of company law, present the annual report together with the financial statements of the charitable company for the year ended 31 December 2023.

Objectives and activities

Objects and aims

The company's objects and principal activities are:

Objectives, strategies and activities

SSA delivers an accredited Coach Education and Personal Development Programme primarily in custody environments. The programme is accredited with AQA (Assessment and Qualifications Alliance) Unit Award Scheme and rewards individuals for successfully completing units with certification. SSA has a scheme of work in place and lesson plans to ensure the programme is delivered consistently in each establishment.

The North West based Regional Centres offered capacity for up to 80 ‘hard to reach’ individuals to engage with the charity via the Centres in the North West of England. It is at these Centres that individuals can combat issues such as homelessness, offending behaviour, addictions, long-term unemployment and poor health and wellbeing. Staff oversee the sessions providing help and support in identified areas in order to help the service users reach their full potential.

Various interpersonal and leadership skills are developed along with access to a minimum of one hour per week of physical exercise for each participant. Individuals that progress through the SSA levels system receive increased access to sports-based arenas, thus rewarding their commitment and positive application at Regional Centres. Typical progressions of service users include advancement onto industry recognised qualifications, work placements, voluntary work and employment. Practical experience and work skills opportunities exist within the charity itself and with partner organisations.

Those who successfully ‘exit’ the weekly practical sessions can choose to continue to receive support from the Floating Support Team.

We receive service users into our environments of all ethnicities and backgrounds and ensure that our equal opportunities policy is understood and administered by all staff and service users. Our Super Centres seek to build positive relationships through appraisals & peer mentoring and our service users are actively encouraged to participate in regular activities that are available in their local areas in order to reintegrate them back into their local communities.

Street Soccer Academy firmly believes in inclusivity. We have experience of supporting a significant number of service users in becoming reintegrated back into their communities through resettlement schemes, formal education, family reconciliation, work experience, voluntary work and employment. This enables people who were once marginalised to play a full part in local communities once more

Street Soccer Academy continues to invest into the staff who deliver the sports-based programmes throughout prisons and communities. Everyone involved in the delivery of sport have regular appraisals and the charity invests into their continued professional development by up skilling their qualifications.

Page 2

Street Soccer Academy

Trustees' Report

Public benefit

The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.

Achievements and performance

During 2023 Street Soccer Academy provided up to 80 spaces per week for service users to attend community-based interventions through football and fitness-based programmes. In addition, the three prison-based programmes provided capacity for 288 service users per annum to engage with the rehabilitation-based services.

Despite HMP Forest Bank prison becoming a resettlement prison, Street Soccer Academy continues to have a through the gate engagement rate of approximately 70% with released inmates from both HMP Forest Bank and HMP Berwyn. There have been challenges due to prison reform making external engagement more challenging hence 70% being regarded as a good figure for external engagement. Approximately 40% of all individuals released enter into employment within 3 months. This figure is above the employment figures for the general population of those released from prison so is regarded as a good industry standard.

The year 2023 saw the return of Soccer 24, a fund-raising event which involved a 24-man rep squad and 24 opposing teams. Approximately 200 people participated in the event based in Cheadle, Manchester all contributing towards a successful event.

Gifts in Kind

Gifts in kind

The charity received the hire of several facilities either in kind or at reduced rates during 2023.

The charity also received legal advice on a reduced cost basis.

The total monetary value of these gifts in kind is estimated to be in the region of £5,000 and the charity would like to express its thanks to the relevant providers.

The charity would also like to express its thanks to the various individuals and companies who volunteer their time and services free of charge, the value of which is unquantifiable.

Financial review

Policy on reserves

The Charity was successful in retaining between 6 and 12 months of expenditure in reserves throughout 2023.

This target was set to meet the working capital requirements in order for the charity to continue the current activities in the event of a significant drop in funding.

The Management Committee continues to examine the charity's requirements for reserves in light of the main risks to the organisation. The trustees reviewed the Charity’s reserves policy in 2023 and agreed that unrestricted funds not committed or invested in tangible fixed assets held by the charity should be between 6 and 12 months of the expenditure.

Page 3

Street Soccer Academy

Trustees' Report

Principal funding sources

In addition to the income generated by donations and fundraising events, other principal funding sources for the charity are currently by way of contract income and grants.

Contract Income

Contract income is derived from providers in the education sector, justice services and local councils to deliver programmes in a variety of settings.

Grant Income

The charity has been successful in obtaining grants during 2023 from:

The Henry Smith Charity - £ 58,600 The National Lottery Reaching Communities - £ 45,561 St James Place Charitable Foundation - £2,500

Investment policy and objectives

Aside from retaining a prudent amount in reserves each year most of the charity's funds are to be spent in the short term and so there are currently no funds available for long-term investment.

Plans for future periods

The North West of England, particularly Lancashire and Greater Manchester remain as the priority areas for continued community-based development along with exploring opportunities to advance the prison model further with new partnerships in the Justice Sector. Areas are being identified for further Street Soccer Academy models to be developed along with local partners.

Opportunities to expand existing partnerships will be explored with other prisons up for tender in the near future in Greater Manchester, Lancashire and Liverpool.

In community, we will continue to develop and seek further partnerships with well-respected and industry recognised groups in order to provide a mutual aid network of support to those with multiple and complex needs in the geographical areas stated. It is expected that partnerships will continue to be in the following fields: housing associations, justice services, education providers, homeless agencies, healthcare, social services, other charities and employers with strong corporate social responsibility philosophies. Partnerships will continue to be created with relevant industry experts to develop initiatives that directly combat the issues that the charity’s service users face.

Structure, governance and management

Nature of governing document

The organisation is a charitable company limited by guarantee, incorporated on 8 September 2010 and registered as a charity on 14 February 2011. The company was established under a Memorandum of Association, which established the objects and powers of the charitable company and is governed under its Articles of Association. In the event of the company being wound up members are required to contribute an amount of £10 per member.

Page 4

Street Soccer Academy

Trustees' Report

Recruitment and appointment of trustees

The directors of the company are also charity trustees for the purposes of charity law and under the company's Articles. In this report these are referred to as members of the Management Committee. The Chief Executive Officer and Chief Operating Officer sit on the Management Committee but have no voting rights.

Under the requirements of the Memorandum and Articles of Association the trustees once elected are intended to be permanent. If trustees are to be disqualified or removed, the procedures laid out in the Memorandum and Articles of Association are to be adhered to.

The nature of the charity’s work is based around people with ‘multiple and complex needs’. The Management Committee seeks to ensure that the needs of this group are appropriately reflected through the diversity of the trustee body. All members of the Management Committee must be either directly involved with the delivery of the services that the charity offers or be able to demonstrate a unique understanding of the people group to be supported in order to add clear value to the charity's objectives.

Induction and training of trustees

All trustees are already familiar with the practical work of the charity having been encouraged to visit the Regional Centres where the core services are delivered.

Additionally, new trustees must all sign a declaration of eligibility as a security check for fraud. Trustees are expected to attend a short training and induction session in order to familiarise themselves with the charity and the context within which it operates. The training sessions are led by the Chief Executive of the charity and covers:

Organisational structure

A scheme of delegation is in place and day-to-day responsibility for the provision of the services rest with the Chief Executive along with the Chief Operating Officer and General Manager. This group has been named the Senior Management Team. The Senior Management Team meet weekly and are responsible for the strategic direction and policy of the charity.

The Chief Executive and Chief Operating Officer are responsible for ensuring that the charity delivers the services specified and that key performance indicators are met. The Chief Operating Officer has responsibility for the day-to-day operational management of service provision and the General Manager has responsibility for all administrative aspects of the charity. The Chief Operating Officer is responsible for the individual supervision of the staff team and also ensuring that the team continues to develop their skills and working practices in line with good practice.

Page 5

Street Soccer Academy

Trustees' Report

Relationships with related parties

In so far as it is complimentary to the charity's objects, the charity works closely with experts in related fields who also provide services to the charity's beneficiary group. The charity works in close collaboration with locally and nationally recognised groups providing expert provision in areas of accommodation, justice services, finance, education, employment & training, physical & mental health, families & community support and drugs & alcohol support.

In the North West of England 4 Regional Centres operated in 2023 in East Lancashire, North Manchester, Central Manchester and South Manchester.

An additional prison-based programme launched in 2023. ‘StreetFit’ offers 96 men per year the opportunity to engage in a health and wellbeing programme and receive through the gate support upon release.

The delivery of the StreetSoccer Coach Education and Personal Development Programmes based in HMP Forest Bank and HMP Berwyn operated to full capacity in accordance with guidance from the respective institutions.

Street Soccer Academy continue to operate as part of a mutual aid network in prison and community environments working alongside experienced organisations offering housing support, education provision, employment opportunities, wellbeing programmes and intervention-based support.

Additional partnerships will continue to be built upon as the organisation expands its work throughout the North West of England, Wales and in further areas of development.

Major risks and management of those risks

The Management Committee continues to conduct a review of the major risks to which the charity is exposed. The established business continuity plan has been updated for the period 1 January 2024 to 31 December 2024.

Procedures are in place to ensure compliance with health and safety of staff and clients. The annual registration and renewed award of England FA Accreditation (formerly FA Charter Standard) status ensures a consistent quality of delivery for all operational aspects of the charity. These procedures are periodically reviewed to ensure that they continue to meet the needs of the charity. The internal quality management framework further complements existing standards as laid out by the FA (Football Association) and AQA (Assessment and Qualifications Alliance) to which Street Soccer Academy is reportable.

The annual report was approved by the trustees of the charity on 21 June 2024 and signed on its behalf by:

Mr I J Scholes Trustee

Page 6

Street Soccer Academy

Statement of Trustees' Responsibilities

The trustees (who are also the directors of Street Soccer Academy for the purposes of company law) are responsible for preparing the trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland".

Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including its income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records that can disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Approved by the trustees of the charity on 21 June 2024 and signed on its behalf by:

Mr I J Scholes Trustee

Page 7

Street Soccer Academy

Independent Examiner's Report to the trustees of Street Soccer Academy ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2023.

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

Since the Company's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of McKellens Ltd, which is one of the listed bodies.

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 Street Soccer Academy 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.

Paul Roper McKellens Ltd 11 Riverview The Embankment Business Park Vale Road Heaton Mersey Stockport SK4 3GN

8 July 2024

Page 8

Street Soccer Academy

Statement of Financial Activities for the Year Ended 31 December 2023 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)

Note
Income and Endowments from:
Donations and legacies
3
Charitable activities
4
Other trading activities
5
Investment income
6
Total income
Expenditure on:
Raising funds
Charitable activities
7
Total expenditure
Net income
Transfers between funds
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward
18		 Unrestricted
funds
£
25,396
238,987
15,110
448
279,941
(834)
(234,838)
(235,672)
44,269
(885)
43,384
209,812
253,196		 Restricted
funds
£
106,661
-
-
-
106,661
-
(103,456)
(103,456)
3,205
885
4,090
40,166
44,256		 Total
2023
£
132,057
238,987
15,110
448
386,602
(834)
(338,294)
(339,128)
47,474
-
47,474
249,978
297,452

The notes on pages 12 to 21 form an integral part of these financial statements. Page 9

Street Soccer Academy

Statement of Financial Activities for the Year Ended 31 December 2023 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)

2022 Comparative amounts

Note
Income and Endowments from:
Donations and legacies
3
Charitable activities
4
Other trading activities
5
Investment income
6
Total income
Expenditure on:
Charitable activities
7
Total expenditure
Net income/(expenditure)
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward
18		 Unrestricted
funds
£
28,010
189,441
220
197
217,868
(181,163)
(181,163)
36,705
36,705
173,107
209,812		 Restricted
funds
£
98,265
-
-
-
98,265
(99,039)
(99,039)
(774)
(774)
40,940
40,166		 Total
2022
£
126,275
189,441
220
197
316,133
(280,202)
(280,202)
35,931
35,931
214,047
249,978

All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2022 is shown in note 18.

The notes on pages 12 to 21 form an integral part of these financial statements. Page 10

Street Soccer Academy

(Registration number: 07370021) Balance Sheet as at 31 December 2023

Note
Fixed assets
Tangible assets
13
Current assets
Debtors
14
Cash at bank and in hand
15
Creditors: Amounts falling due within one year
16
Net current assets
Net assets
Funds of the charity:
Restricted income funds
Restricted funds
Unrestricted income funds
Unrestricted funds
Total funds
18		 2023
£
1,197
35,623
271,674
307,297
(11,042)
296,255
297,452
44,256
253,196
297,452		 2022
£
2,297
20,573
237,361
257,934
(10,253)
247,681
249,978
40,166
209,812
249,978

For the financial year ending 31 December 2023 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements on pages 9 to 21 were approved by the trustees, and authorised for issue on 21 June 2024 and signed on their behalf by:

Mr I J Scholes Trustee

Mr S Dixon Trustee

The notes on pages 12 to 21 form an integral part of these financial statements. Page 11

Street Soccer Academy

Notes to the Financial Statements for the Year Ended 31 December 2023

1 Charity status

The charity is limited by guarantee, incorporated in England and Wales, and consequently does not have share capital. Each of the trustees is liable to contribute an amount not exceeding £10 towards the assets of the charity in the event of liquidation.

The address of its registered office is: 1-3 The Courtyard Calvin Street Bolton BL1 8PB

These financial statements were authorised for issue by the trustees on 21 June 2024.

2 Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

The financial statements have been prepared in accordance with 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)) (issued in October 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Basis of preparation

Street Soccer Academy meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.

Going concern

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by the charity.

Exemption from preparing a cash flow statement

The charity has opted to adopt Bulletin 1 published on 2 February 2016 and have therefore not included a cash flow statement in these financial statements.

Income and endowments

All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of the income receivable can be measured reliably.

Page 12

Street Soccer Academy

Notes to the Financial Statements for the Year Ended 31 December 2023

Donations and legacies

Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance by the charity before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that these conditions will be fulfilled in the reporting period.

Grants receivable

Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released.

Gifts in kind

Gifts in kind are recognised in different ways dependent on how they are used by the charity:

(i) Those donated for resale produce income when they are sold. They are valued at the amount actually realised.

(ii) Those donated for onward transmission to beneficiaries are included in the Statement of Financial Activities as incoming resources and resources expended when they are distributed. They are valued at the amount the charity would have had to pay to acquire them.

(iii) Those donated for use by the charity itself are included when receivable. They are valued at the amount the charity would have had to pay to acquire them.

Investment income

Dividends are recognised once the dividend has been declared and notification has been received of the dividend due.

Expenditure

All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.

Raising funds

These are costs incurred in attracting voluntary income, the management of investments and those incurred in trading activities that raise funds.

Charitable activities

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Governance costs

These include the costs attributable to the charity’s compliance with constitutional and statutory requirements, including audit, strategic management and trustees meetings and reimbursed expenses.

Page 13

Street Soccer Academy

Notes to the Financial Statements for the Year Ended 31 December 2023

Taxation

The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.

Tangible fixed assets

Individual fixed assets costing £500 or more are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation and amortisation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class Depreciation method and rate Fixtures and fittings 5 years straight line Office equipment 3 years straight line

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the charity will not be able to collect all amounts due according to the original terms of the receivables.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the charity does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Fund structure

Unrestricted income funds are general funds that are available for use at the trustees discretion in furtherance of the objectives of the charity.

Page 14

Street Soccer Academy

Notes to the Financial Statements for the Year Ended 31 December 2023

Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.

Hire purchase and finance leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Rentals payable under operating leases are charged in the Statement of Financial Activities on a straight line basis over the lease term.

3 Income from donations and legacies

Unrestricted
funds
General
£
Donations and legacies;
Donations from companies, trusts
and similar proceeds
9,442
Donations from individuals
8,852
Gift aid reclaimed
2,102
Grants, including capital grants;
Grants from other charities
-
Gifts in kind
5,000
25,396
4
Income from charitable activities
Education and development
5
Income from other trading activities
Local fundraising income		 Restricted
funds
£
-
-
-
106,661
-
106,661
Unrestricted
funds
General
£
238,987
Unrestricted
funds
General
£
15,110
15,110		 Total
2023
£
9,442
8,852
2,102
106,661
5,000
132,057
Total
2023
£
238,987
Total
funds
£
15,110
15,110		 Total
2022
£
10,328
9,915
2,397
98,265
5,370
126,275
Total
2022
£
189,441
Total
2022
£
220
220

Page 15

Street Soccer Academy

Notes to the Financial Statements for the Year Ended 31 December 2023

6 Investment income

Interest receivable and similar income;
Interest receivable on bank deposits
7
Expenditure on charitable activities
Unrestricted
Note
General
£
Employment Costs
205,563
Direct costs
5,888
Office Costs and
utilities
6,603
Travel and
subsistence
1,863
Rent and rates
11,066
Depreciation,
amortisation and
other similar costs
1,099
Governance costs
8
2,756
234,838		 Unrestricted
funds
General
£
448
Restricted
£
83,964
13,526
1,913
2,231
1,468
-
354
103,456		 Total
2023
£
448
Total
2023
£
289,527
19,414
8,516
4,094
12,534
1,099
3,110
338,294		 Total
2022
£
197
Total
2022
£
226,350
24,561
9,893
3,410
11,970
876
3,142
280,202

8 Analysis of governance and support costs

Governance costs

Unrestricted

Unrestricted
Independent examiner fees
Examination of the financial
statements
Preparation of accounts
Payroll services
Legal fees		 General
£
390
798
655
913
2,756		 Restricted
£
-
-
314
40
354		 Total
2023
£
390
798
969
953
3,110		 Total
2022
£
360
762
825
1,195
3,142

Page 16

Street Soccer Academy

Notes to the Financial Statements for the Year Ended 31 December 2023

9 Trustees remuneration and expenses

No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.

No trustees have received any reimbursed expenses or any other benefits from the charity during the year.

10 Staff costs

The aggregate payroll costs were as follows:

The aggregate payroll costs were as follows:
Staff costs during the year were:
Wages and salaries
Social security costs
Pension costs		 2023
£
255,737
19,788
14,002
289,527		 2022
£
198,883
14,790
12,677
226,350

The monthly average number of persons (including senior management / leadership team) employed by the charity during the year expressed as full time equivalents was as follows:

Charitable activities
Support/goverance		 2023
No
8
2
10		 2022
No
6
2
8

8 (2022 - 7) of the above employees participated in the Defined Contribution Pension Schemes.

Contributions to the employee pension schemes for the year totalled £14,002 (2022 - £12,677).

No employee received emoluments of more than £60,000 during the year.

11 Net incoming/outgoing resources

Net outgoing resources for the year include:

Depreciation of fixed assets 2023
£
1,099		 2022
£
876

12 Taxation

The charity is a registered charity and is therefore exempt from taxation.

Page 17

Street Soccer Academy

Notes to the Financial Statements for the Year Ended 31 December 2023

13 Tangible fixed assets

Cost
At 1 January 2023
At 31 December 2023
Depreciation
At 1 January 2023
Charge for the year
At 31 December 2023
Net book value
At 31 December 2023
At 31 December 2022
14 Debtors
Trade debtors
Prepayments
Other debtors
15 Cash and cash equivalents
Cash at bank
16 Creditors: amounts falling due within one year
Trade creditors
Other taxation and social security
Pension scheme creditor
Accruals		 Furniture and
equipment
£
4,726
4,726
2,429
1,100
3,529
1,197
2,297
2023
£
12,501
22,450
672
35,623
2023
£
271,674
2023
£
1,557
6,270
-
3,215
11,042		 Furniture and
equipment
£
4,726
4,726
2,429
1,100
3,529
1,197
2,297
2023
£
12,501
22,450
672
35,623
2023
£
271,674
2023
£
1,557
6,270
-
3,215
11,042		 Total
£
4,726
4,726
2,429
1,100
3,529
1,197
2,297
2022
£
14,420
5,840
313
4,726
2,429
1,100
3,529
1,197
2,297
2023
£
12,501
22,450
672
35,623
2023
£
271,674
2023
£
1,557
6,270
-
3,215
11,042
20,573
2022
£
237,361
2022
£
630
5,734
1,459
2,430
10,253

Page 18

Street Soccer Academy

Notes to the Financial Statements for the Year Ended 31 December 2023

17 Obligations under leases and hire purchase contracts

Operating lease commitments

Total future minimum lease payments under non-cancellable operating leases are as follows:

Land and buildings
Within one year
Between one and five years		 2023
£
3,099
7,534
10,633		 2022
£
4,535
7,534
12,069

18 Funds

Unrestricted
General
Total unrestricted
Restricted Funds
The Henry Smith Charity
National Lottery
Community Fund
St James Place
Total Restricted
Total funds		 Balance at 1
January
2023
£
209,812
209,812
28,330
11,836
-
40,166
249,978		 Incoming
resources
£
279,902
279,902
58,600
45,561
2,500
106,661
386,563		 Resources
expended
£
(235,633)
(235,633)
(55,976)
(47,480)
-
(103,456)
(339,089)		 Transfers
£
(885)
(885)
763
122
-
885
-		 Balance at 31
December
2023
£
253,196
253,196
31,717
10,039
2,500
44,256
297,452

Page 19

Street Soccer Academy

Notes to the Financial Statements for the Year Ended 31 December 2023

Unrestricted
General
Total unrestricted
Restricted Funds
The Henry Smith Charity
National Lottery Community
Fund
Aviva Community Fund
Total Restricted
Total funds		 Balance at 1
January 2022
£
173,107
173,107
29,319
10,618
1,003
40,940
214,047		 Incoming
resources
£
217,868
217,868
55,100
43,165
-
98,265
316,133		 Resources
expended
£
(181,163)
(181,163)
(56,089)
(41,947)
(1,003)
(99,039)
(280,202)		 Balance at 31
December 2022
£
209,812
209,812
28,330
11,836
-
40,166
249,978

The specific purposes for which the funds are to be applied are as follows:

The Henry Smith Charity grant is towards the provision of a Custody to Community Programme. During 2022, £27,550 was received to fund expenditure in 2023 and in 2023, £29,300 was received to fund expenditure in 2024.

The National Lottery Reaching Communities Fund grant is for the costs of running the Street Soccer Academy community programme.

The St James Place Fund is for the administration of the charity's 'Boot Room' project.

The Aviva Community Fund is to help buy equipment for a community connections centre.

19 Analysis of net assets between funds

Tangible fixed assets
Current assets
Current liabilities
Total net assets		 Unrestricted
funds
General
£
1,197
263,041
(11,042)
253,196		 Restricted
funds
£
-
44,256
-
44,256		 Total funds at
31 December
2023
£
1,197
307,297
(11,042)
297,452

Page 20

Street Soccer Academy

Notes to the Financial Statements for the Year Ended 31 December 2023

Tangible fixed assets
Current assets
Current liabilities
Total net assets		 Unrestricted
funds
General
£
2,297
217,768
(10,253)
209,812		 Restricted
funds
£
-
40,166
-
40,166		 Total funds at
31 December
2022
£
2,297
257,934
(10,253)
249,978

Page 21