Rggl$t•red nUrnr 07643867 Chartty numboT.' 114292D BURTON ALBION COMMUNITh TRUST IA company Ilmit8d by guaranteel TRUSTEES. REPORT AND FINW4CIAL STATEMENTS FOR TrIE PERIOD ENDEO 31 AUGUST 2023 oREWERs This reFQrtW88 approved by the Trustees on 22 Augusl 2024 8nd on th81r b8h8M by..
BURTON ALBION COMMUNrrYTRUST (Acompany mile by guarantwl CONTENTS Pag9 R8ference and adminsitration details of cha, Its trust895 and advisors TrusteÉs' rep¢rl 2-5 lThltpendanlauditors' rewt 6-9 S¢atern8nl offjnandal aclivites io BaLqnce she&1 Slatprnenl of cash 12 rth)te5 to Ihe finencial statemen18 13-19 D&tailed profit dIo$S 8ccount 20 This reportwas approved by Ihe Truste&8 on 22 August 2024 and 5igThed on their behaK by-
BURTON ALBION COMMUNITY TRUST IA¢ompany Iknlt¢d by guorafits•l REFERENCE AND ADMINISTRATIVE DErLs OF THE COMPANY, JTS TRiJSTEES AND ADVISORS D Mellor C B Roblnson P PStY Ichamianl C Wood D A Taybr Fo$t¢r Ire$lgrtd 0¥12120231 F E L Spl8rs P E Sage lappointeil 1fj10212023. resigned 24105120241 T G CL8rt(e18ppoinled 21106120241 Hd ofcommunlty J Wlddowso Indeppndent audlto Nuvo Audit Lirnitéd 7 Fardday Court Flr81 Avènue Surton Upon Trenl StsfFord5hiTe DE14 2WX Bankers Barclays Bank PLC High Stre•t Burton Upon Tront Slaffordshlre DE14 1HU R¢gi$t&r¢d olll¢• Pirelli Stadlum Princess Way Burton Upon Trant staffordshlre DE13 OAR C•MPaAy T•gl$t¢r•d n¥mb•r 07643867 Chadty roglstsr•d number 1142920
BURTON ALBION COMMUNITY TRUST IA company Ilrnited by guarant••l TRUSTEES REPORT The tru5tee5 are EasEd to present their report and the financial stat8ment$ of th8 ch8rilabl8 company frJr the p8rfod ending 31st August 2023. The trustees G$t1tLrte directors of Ihe Gharitable Gompany for Compan185 Ad purFXSses. Th£ trustees have adoptEd the proYision5 of the Stslernenl of Reccrnmend Practice applicable to charRle$ preparlng thelr 8c¢wnl$ in ac¢orf3nce with Ihe FinanGwI Reporting Standard applicable in the UK and Republic of IreLqnd IFRS 1021 (effective 1 January 20151 . (Charitie8 SORP IFRS 10211, the Financial Reporting Standard applicable in the UK arKI Republic of Ireland IFRS 1021 and the Comp8nles Act 2006, in preparfng the annual report and financial statements of the ¢harity. Chalrs Report The financial year has b8&n a challenging one lor the ch8rity with the loss of 8 IoTO-serving and beloved Chair of Trust8es, John Jackson, who stepped down due lo ill health 2nd Sadly passed away a few mon¢hs later. This was ¢ioselyfdlowed by Ihe 2 88nior le8ders in the organisation, Matt Hancock and Johft Widdowson mon9 on lo Portvale and Wreknam re$pectlvely. The adership vold creatèd was difficuV£ lo briOJ8, and taking on the Chalr role In the88 drcum8tsnces has strètched m& mor8 than I 8nvi8aged. Adding to the new leadership workload an ever more chIeIng operatiThJ environment 8round both new fvndraising and conllnuatlon fvndlng èxarc8bat8d by double flgur8 innattDn rates and the first of several stgnificant irreaS in National Living Wage, and it is easy to understand Ihe financial pictu these acwjnts pr8s8nt. The project5 and programmes the Trust deliver have ¢onlinued to d¢liver posltlve, high impacl on the local wmmuvty. and the interdep8Ddent relationship wilh the fDolball dub wa5 even rnore crucial. Throughout INS perlLkJ the trustee bowd have sought io steer Ihe BACT 8hip through tts1ed waters, 5upportirhg 5eThor man48rs lo manage risks and arng our commltmant to quality and CDmpli8nce r8malnod Strong. Thank you to all volunteers, truste8S. Staff. partners, funders, sponsors and stakeholders for 8tanding Trmth us as a charity thn)ugh this Ghallenging year, and in particularfytD een Robin50n and Burton Albion Football Qb for thdr orwing Support and partnwship. It may be a cliche, but BACTwoukJ t¥)texi5t with you and your support. Whilst the challenging environment conbnue$ to b8 8 reality, we remain Committed lo en$yrtng 8A¢T ontinUBS to rnake the am8zingly positive irnpact on the strength, h8allh and happiness of our kncal communl¢y through the many prowammes 1hat we delNer. P Pusey Chalmian
BURTQN ALBIQN GOMhlUNITY TRLIST IAcompany Ilrnlted by guarantepl TRVSTEES REPORT H&ad of Communlty Report Th15 year has bBen the Second ye4r of Ihe organlsation'$ Healthl8r. Happler & Stronger Communities Strategy2ff21-24. Our irnpacl has never been greater 8j never mDre neEded. W£ havE been delpJht8d lo be able to deTrTon$lroto this through Impact report whl¢h looked In-depth at 12 social, community and e¢onoml¢ Impaa mèasuras that align lo the three Strategic outcome5 OLrtlingd in the 2021_24 strategy. This has also be&n the YearWhe BACTS work aligns to the UN Sustainab Dèvelopment Goals. Throughout 2022.23 we have contSnu8d to gathor evidencè ol th8 positive social. community and economic impact ol Burfon Albion Cornmunity Trust. This also ourthird year of LX)nslslenlly ¢olkntirvJ data to d8mon8tr8la our impact. this approach rneans we can identify trends developing. We a¢hieved impact across all thrè& of our strategic outcomes.. to develop happier and h&allhigr communit18S, to create safer a1 more cohes& communttie8. and to enwower communities to fulfil potent1 and DPPOrtunity. In season 2022-23, 8ACT rgachad oveT 14,000 parhcipants across a dwerse range of people r¢presenting different age groups, genders and elhnicthe5. The woth of the trust shows sustained correlation wlth hlgher levels of personal wellbeing le.g. happln¥ssl and Indlvldual developm8nt le.g. resilience) r0$5 the three years of Impact repOn0. In addition, this year's research d&monstraies that BACTS partieApants are m¢)re connected to b¢?1 community. They report a higher sense of belonging to Iheir l¢xal neighbwthood and show evldeTrce of good cornmunty inlegraiion. Futhèrrnore, BACT participants yowg old ¢on$i$tsntly POrt that thay feel lik8 the activity they do at &4CT is oood for them, wth an average subiectivg soual impact score of 84%. Th& trust conllnu8S to give back to its k>cal communty econornically as wdl as socially. It attracts extrrnal funding, grants income and sponsorship that is redistributed via ils programtne5. In 20L_23, the trust etnployed 16S staff across fuif-tlm8, part-tim8 and casual positions. BACT is proud to leverag8 th8 power of th8 foolball club, Burton Albion FC. to engage and inspira p8cW8 across lh8 local wea. Thi5 included over 150 player. managFr and Ehairtnan app88rances as w811 as rnatchday fundtaising. tna$¢ot opportunlues and commuw J¢k9ts. I would like to thqnk each and every one of our comiunty p8rtt¢lpants, fijndets, pwtnets, and staff who we are literalty nolhing wilhout. Th¢ Board of Trustees and Chairnian of the Football Club, Ben RobinsDn, conts.nue lo work to ensure we are cornpletely embedded In the cornmunity, ulilising our unlque brand an¢ tha pow8r ofsport. We mad8 8 cornrnitment 2 yeats agtsthatwewould make a dlffer¢nce and our Impact Report demonstratès exa¢lly that. Whether lo individuals. groups, orth8 communlty our staff and vduDteer5 have been therB for people. We I11 vlork harder than avar over th8 twxt yaar to contim to be Insplrfng. lje engaglng and be educ8ts.ng 8v&ry time we proudty pull on the Burton bIOn Communrty Trust unrfomi. Thanks to everyone who has trusted u5, SUPPOrted u5, fund£d u5, and believed in us. We 8r8 only ab18 to do what we do with the 5UPPQrt of our cotnmunity. Bnd I IK)pe (xjr rekYNI Mghilghts vjhgt w8 are giwwj bad(.
BURTON ALBION COMMUNITY TRUST IA carnp3ny limited by guarantè¢) TRUSTEES REPORT Flnance Revlew 2021-2022 was a challenging yearfinancially and thai challenge continued in 2022-203, cha118nging dimate Irea8¢ arKI we $aw thb Impa¢t the OanIsaOn8 fina[5. A redu¢tion In fvndlng for koy prolgCt8 In our health and wallbeing scope of wort¢ and dcOonS In funding across our community engagement projects saw rEduGEd fundir¥J and 9r8nl Income. A 9.7% In¢rea88 In Natioral Li¥Ang Wag8 recommended in Octob?r 2022 came into Èffect from Aprll 2023 Ihis saw ourw8ges increase considerably. This iruea8e carnewith no in¢reasg kn lunding, as many contracts agreements wertr already signed and In plac8 prior to the increase. Rls88 In utilities CO815 and facility charg8s have also added the financial impact sen 8cross the organisati¢XI. Hawng made decisions in 202112022 based on a surplus 8nd reserve position the 202212023 position has $88n u5 spend rnuch of Ihe surplus and reserves to hi deficit position. Changes In lead8rship and changes in financial planni and precess all add to thi$ and we are already anb"cipallng that 202312024 will bo a $lmllar yéar to this as wa ènd wlth conse¢ut5vg deflclls. Twstees and the organisations man8gement team 8re now planning and WO9 tirele5sty to review spending, s8ak further funding and build new income generation opw)rbJnitie5. strueture, Govemance and Managemént 2022-2023 ha5 be2n a year of CDnslderdblè change In oyr $tNcture with our Head of Commun changing. Community Manager leaving and changes in lh8 managernerrt teatn. Despite the change team in pla¢e that hav8 ¢ontinu8d to work and drive good governance. The Trustees Golltinue io very much drlv8 worklng groups and wider discussion5 parb¢ularty &rour Strateoy, Flnance, Safeguarding, Health & Sufely and Equdily. Diver8ity 8 Induslon. Wg have dear Pdi¢i¢s Procedures and an annual re remalns in place as wdl 8s sign off prwedure with Board Df TTUSteps. This is used in conjunctlan with our Capability Action plan which is goveman¢8 and man8gem8nt documentwe us8 as evidence to our key funders and pathers thè PLCF and EFLT. statsment oftruste8s' r8sponslbllrtS05 The Iw5tee5 Ivtho are 8150 directors Burton Abion Cornmunity Trust forthe purposes of company lawl re re5pon$lbl for preparfng thg Trust8¢s' report and the financial statements In a¢¢ordan¢È with appli¢able law and United TrQngdom Accounting Stsndarcts (United Kingdom GBnerally Accepted Accounlng PractiC81.
BURTON ALBION COMMUNITY TRUST IA¢ompany Ilmlted by yuarant881 TRUSTEES REPORT Company law require$ the Trustees lo prepare financial slaternents for 8ach finda1 year. Under company law the Trustees must not approve the finanual slatemants unless they a satisfied that they glve a true and fair of th8 State of affairs of the charltable Gompany of the Incomlng r050WCOS and application of resour¢es. incluthng th¢ Income and 8xpenditure. of the charitable Gompany ftr that pertod. In weparing these financi81 statements the Trustees Hre reqi¥red to.. $818Ct suitable accountiry policie5 and then apply IhEm ¢onsi$tenlty', obs8rv8 th8 melhods and prknciple$ In the Charftles SORP., make judgements anrl accounting estimates that are reasonable prudentr, slate wh81her appllcable UK Accounting Standards have been follow8d, subject to any rnaterfal preparethe fin•n¢ial statements M the going concern basis unless it is inappropriate to prssjme The Trusteas ara ro8ponsible for keeping adequate accounting records that are sufficient to show explain the chatttable companrfs tranS8cOnS and di5dose reasonable a¢curacy 81 any time the flnanclal posits.on of the charitable eompany and enable them to ensure that the financial statements comply the Companies Act 2006. They are also respDnsibl8 for safeguardin9 the a$$&t8 of th8 ch8ritable c£Knpany and hence lo¥tsknng reasonable $tsp$ lor tha pr8v8ntion and detectk)n of fra and other irr8guL4ritie5. In $0 lar a8 th8 tnjstees are aware.. there is rto r81evant audit information tsf whl¢h the tharitable compan18 auditor is unaware.. and the trusteès hav¢ taken all steps that they ought lo have taken to make them5elv6$ aware of any 16vant audlt inl(miation and to Èstabllsh that th8 auditor 15 aware trf that inforrnab"on. Audltors A rg$olution PToposing that Nuvo Audit Umlt?d IprwDUStv ADS Account8ncy timl(8dl re-appointed as auditors of the Trust 11 be put io the trustees al th6 Annual General Meeting. This r8POrt was approved by the Trusteès on 22 August 2024 and Signed on thr behalf by.. P Pu8ey Chaiman
Burton Alblon Community Trust (Acompany limited by guarantsel Indep¢nd•nt audIt. roptxt to the m8mboT8 of Burton Ablon ¢ornrnunItyTst Oplnlon We have 8udiled thé finantsai statèment5 of Burton Al1) Community Trust for the yepr ended 31 Au9USt 2023 whiGh ry)mpri$e Ihe Profil and Loss Account. the Balancè Sheet end the relatsd note5. The finar4a1 rèporting frarnework that h8s been applied in Iheir preparition is aptyi¢able Faw and UnYLed Kin9dom Accounting Standards (United ngdoM General Accept8d A¢couniing Piacticèl, including FRS 102 Tre Flnanci81 R8PDrtlng Standard 8ppli¢able in Ihe UK and the Republicof Irel8nd'. In ourapinion the finanoal $tslerT)Ènts.. give a true and fair VIÈW of th& state olthe eharflable companls aff4irs a5 Qt forthe yegr ended 31 August 2023 and oflts 5ncoming re1¢e$ and applteabtsn of resouKes. includlrKJ Irn8 and eyndlture, for the yearthen ended.. have been prop8rty prepared in acCoanCe YAih United Kingdom Generally Ac¢epl8d A¢¢fthting Practice applicable to Smalbr Enli118¥', and h8v6 been ppHred in 8rGord8n¢e wrffv Ihe quireMeN¥ ortm Companies A¢t2fx)6. Ba61s for Oplnlon We condud8d our a1[ in accord•¢È InternaOnal Standard$ on Al¥jiti IUKI IISA5 IUKII 8nd apsAiGable law. Our reswnslb1lQS trndw those 51andard$ are fvrther d8s¢rfbed in Ihe ditOr responslbillties for the audit OF Ihe financi31 statements sectlon of our rewrt. We independent of fhe charitable company In aordanc 1th the ethi(zl requirements that are relevant lo our audit tsf the finanwl 5tstemenls In the UK. inGluding the FRC'S Ethical st12, and have fuffilled our other ethical responsibilitie5 in accordance with these requirem8nts. We bel0 Ihat Ihe audlt aden¢ * ho¥• obtained is suffic4&nl and 4)propriate lo provide 8 basis for Dur Opinion. Con¢tU8lon8 r•lating ts golnB con¢orn In auditiro the financlal statements, we have Goncluded that the truste85' use of the going t(ern basis of counting the prBparation of Ihefinancial statements Is appropriate. ased on Ihe yrk we have perfOrnd. we have not idenbfied any material Uncertaine8 rdallng lo ntS or conditions tha(, 1nd1vidual Dr colkntiVEly, may cast Significant doubl on the ¢haritsble ability to centlnue as a going ¢on¢em fw a pgriod of 8t least twelve months tram th¢ financial statements ar8 auth¢ri5ed for Issue. OLY rBsponsitslities 8nd the resp$11111¥g of the trusle8s r8sp8Ct lo gn9 concem 8ro dÈstribÈd in tht reYant 88dEens of this rewtt othor infom)ation The olh8r Snfoymation ctrnptTses th¢ infonnalion indL4Jed in the truste89 annual reporL other than the finaftcial 8tatam&nts and our audilorfs report th8r8on. Th& trustees are responsible for the other informal(on conlain8d fjIhIft th8 anntsal report. Our opinion on the financial stat8menls does nol cover the dhar iWDrmation and. except lo the extsnl othepM$FJ ¢xpIIGIUy slated in our report. we do not Èxpress any fttrm of assurance con¢lusi¢n IhereDn. Our r8sponsiblllty is to read the other informatson and. in so, considèr whether the other Infomalion is WateallY inconsistent th the finanrAal stalern2nls or our knOedge oblained In the caurse of Ihe audll or otheNlse appear¥ to be materially misslaled. If we identify such material inconsislencles or apparént mater1 misslatem8nls. we art required to deteIne whether thi5 gives risé to a Materi misstatemenl in th8 financial slatéMén15 Ihomsetrrfes. If. based on thè yk VM have p?rfoe. we conclud8 Ihat IhBre Is a tnaterial misstslemen¢ ol thva olher Inf0MtIOn, aro required lo report Ihatfact. We have nothing (o raport in this regard.
Burton Ajblon CommunltyTrust {A company limited by 9uarant881 Independentaudltors, report to tho members of Burton Ablon ComrnunltyTNst l)plnion on other matters prescrlbed by the Comp•Dl8s Aet 2006 In ouropiniDn. based on the undertaken the course ofthe audit.. the infotTnHlion given in the tNslees' report (Incorporang the strategic feportl ferlhg flnandal yearfor whlch the financial slalements ara pr8par6d ts consistent wpth th6 financial stat8menls.' and the strategic rerort has b8?n prepar8d In accordance wth applicabl818ya requiremants. IAattfrrs onwhlch we are requlred to rnport by•xc8ptlon We have nDthing ID report In respeth of thp follovArg matter5 where the CoTrpanie5 Act 2W6 re u8 10 report to you If. In our oplnEen'. • adequate accounbng records h8¥e not been kept. tyretums adaqual8forour audit have not been reiy4iwed from brdnches not by us., or the financ[ statemlS are in agreement with the accounkng racords and leM8. r • cértain disclosuS of Irustè$s' fymuner8tion 5pecifieLf by aTe not Made.. or we havg not received all the Infomation an¢ e4)lanallons w& uIre for ouraudil,. or the Trustees 1 gnlilled io prepare the financial statements and the Truslees. report in accordanc8 th the srnal compare5 r89ime and to take adwanlage ofthe small companles. exemption from the requSr@Thent lo prapare a Strategic report. Re&ponslbllit$ of twsteÈs As explained mora fLdty Sn tha tru$ts85' responsibilitie5 St3Lem£nL the trustees lth) are 3150 the directDrs of th• chadtable company for the purposes of company lawl are responsie for the preparalion of the finan(¥al slaternenls lor being Satisfied that th8y gwe a true and far 8, and for such Int8rnal ¢x)nlrol as th& Iru81ees deterniine 18 nacessary to enabk th? Prep8rati of finanrAal slalempnts that are free from material misstatent, due to fraud orermr. In preparing the flnafidal statéments. thè trustees are reswnsible lor as5e5sing the charitaNe compqny'$ ability to continue 85 a geing coneem, dkscloslng, as applicaN&, malt8rs rélalÈd io gthng conc8m and the going CDncem basis ofaccDuntirvJ unless the trustees either intend to Ilquhlate the charitatle company or lo cease operallons, no redislic alternative but to do so. Audltor rèsponslbllltlés forthe audit of th¢fjnanth81 slaternents r obje¢tives are lo obtaln ffa80nable assurance about wther lh& fifianc1 S¢8nts 8s a whtslt a frea Irom matsrial mlsslatemw)t, whether due lo fraud or Error, and tD Issue an audilorfs report that includes our opinion. Reasonable assurance is a huh Iwel of assuranca. but Is not a guarantee that an audll ¢ondu¢l¢d in accordan th ISAS IUKI thll aayS delert a rnalerygl misstslpmgnt when it exists. Mi$$latem8nls can ase frtsm fraud or ettor and are consid8r8d matsrial if, indNidually or in the a95regale, they COU reasonably be expected lo Influence thè ettLniC decispn5 of users tak8n the basi5 DI Ihese financ5al stslements. The extent to which ourprocedures arn capabla of dètsclny irrogulariti¢$. 4¥dIng fraud is d¢t4iW b¢bw.' Thè Chaty is lo many laws ard regul&tion6 Wthin the country itopwales, where Ihe consequenc85 ol non<oMplkgnc8 havè a malarial 8ffe¢l on omounts or discktss in th finangol statamènts. WÈ Idantlfièd the followng law and regUla"On$ a$ the most likety to have a material effect non-complionce we lo occur. financlal reporting leglsLgUon, Charilles SORP, anll.bribery legL%F8tion and ernploymenl law, Wa ¢ommunl¢at8d rdtrvant Faws and wulations a1 potential frdud risks tD all enyageThenlteaTn members and remained alert to any indic8Uons offraud ornon-compliance th law5 and regulaons thfoughoLrt the audlt.. We understood how the Chgrity Is corytyyvj wth those legal and re¢jul8trryfreworks by making enqulrfes el managomenl. We wJtuboraed owenquirie5 thr¢wgh our Df ManageMta9unts
Burton Alblon Communlty Trust (A ¢ompany IlmFteil by yuaranlee) Ind?pendentaudltors' report to the members of Burton bIOn CommunltyTrugt We assessed the su5ceptlbilily of Ihe Chwlty's finanryal statements lo material rnWtemeAt. inG11n9 howtrgud might occur by meebng Mlh employee$ from different parts of the busines5 to understand where il Is considered there was SusceptilIfy to fraud. We also considered perfwmance largels 8nd their prop8nstyto influence effDrts fflade by managernent tti tnarL4ge suwplus and re51riGtedltsnreslrfGt6d funds. We nsidered the progr8m5 8n(f conlroL4 that the Charity has established to 84dres5 risks Idehiified, orthal Othe¥88 prevent. dater and delect fraud., and how8enlor management monltors those programs and controls. Where the risk was coThsidered to be higher. we perform audit prnxedures to addrÈ&sÈd idÈntifiÈd fraud Oui audtt proced[9$ invobtsd.. joumal errtry tssting, Y1h a focu5 Oll grant IrK¥)me and journals large orunusual transa¢tions based on our understanding of Ihe bu5ine$5 enouiries of managémeni. In addEtlon, completed audlt procedures le conelude on tha c¢mpll8nca of dsclosures In Iha annual report and accounts vAth opplicable financial wrtsng requirerrenl5.' Assessment appropriatene$s of the colkGlve competence and cgpabilttie5 of Ihe ervJogernent tearn Includéd con¥ld8ratlon of tha eryagement team's.. - Understanding of, and practitrl experience VAth audit engagamÉnts of a sinibr nature and COMpty through appropriate trainlng and participation Knowledge of the indu51ry in the client operates Und8rstandiry Ih?189al and regulatory requirements speofic lo the antAy Includlng.. -Th8 prov151on¥ of the applicab leglslallon - The regulators rulès and relatad guldanee. Incluthng ould8rté1&4ued by r&Vant 8utt)orfles that inlerprets those rules - The applKle statutory prowsilns. W8 did not id8ntKyany matters relatin9 to n0CoMlance wth L8ws and re9uPatl)ns or relafjng lofraud. In 8ssesslng the pOltIal rfsks of m8terl81 mlssts18ment. we cbt8in8d und8rs18nding ot. - Th8 entlty's OP8ratlons, including nature of Ils ILmding swrces, Pfoducls and Se1¢8$ and of Its oblect5ves and slralegles lo understsnd classes of transactlons, account bal8nGes. expeded fin8ncial Stalernenl disctosures and businFss SkS that tnay rEsult in Sk$ of material misstat8menl. - The entrty's wntrol enwronmenl. induding policie5 tYocedure$ implemented to cornply with the enttiy's relevant ragulatory requlrement$, Includiw tha adequacy of procedures forauthorisation of Iransa¢ttons. inlemal remew protedure$ over the erttily'$ ¢Aimpli4nte règukli)ry rtr4uirèments and procedures to ensurèthat Pth8sible breaches of rèqufjrents 8ra approprfately SDveslig8ted and reported, This rewrtwas approved by the Trustees on 22 Awust 2024 and signed cfi their behaff by.. Identify and a55es5 thp risks of tnalerid tnlsstatefflenlaf the firEanclal slalements, whplherduetofiaud or error. d8sign perform audll proc8duras responghe to thos8 rfsks, and obt audit eMdenGe that suffiGient 4ppropTiple to provKl¢ a basis for ouropinion. The ri$k of ng1 d¥leGliny a matafial misststem8nl resultsng from fraud is hioherthan for one rosullg fvoln error. ag fraud may Invofve colluslon. forgery. Intentional omlssEons, MlsrnpreSantaons, Ort ovenlde of Intemal conirol. Obta1 an undelanding of internal ¢onlrol r8levanl to audil in orderto design audit pr¢)oedures that are approprtaltr in Ihe clrcumstances, but not for the pu0$8 of exwesslng an op1n1L on the èffèetivèrts$ of charitablè (xkrnpany5 internal etsnirttl. Evaluate the appropriateness of accoUnn9 pollcle8 used and ihe r8asonablenoss of accounng estimat ond rd•ted di5rlo$ures m4de by Ihe Iwstees
Burton Abion Communlty Trust IA company limit•d by guarant•g1 IndèpèndèntaudilOlS' rèport to the mBmber5 ofBurton Alblon ¢omrnunityTrust Conclude on thg 8ppr(priat¢n8ss ofthe trusts8$' U8e of the golng concem ba515 of ae¢rAJnting and, based on ts audl¢evlden¢e obtsined, Mthathèr a mataNal un¢&rtainty axlsls relatsd lo events or tonditsons that may c8sI 5ignffieant doubt on Ihe ¢haritab19 Gompany's ability to unlinua a$ a go canceTn. Wwe condudB that a matsrfal uncertainty e¥Asfs. we are required to draw8iientlon In o audllor's r8txirt lo the rd&ted dts¢losures In tha finanoal statements or, rfsuch disclosures arp inadequate, to modlty our opinioTh. Our conclu&ions are based on the audit ewderte obtained up to the date ofour audilofs reporf. HoWet, future 8vents or conditions may causethe charitable GOtDpany lo •ase to continuè as a going concein. Evaluate the overall pr8séntalion, structure and conlent ol the fin?nei31 statémènis. IndIng the disclosure5. and vthelher the financial statements r8pr88eni the uThSerlying Irdnsaclions and Bvents in 4 Tnanner Ihal achievtslalr prasentstson lie. gives a true gnd fwrviewl. We eommunl¢ate those charged 1th govemance regarding. among otrr matters. Ihe pl8nnèd stope and titning af the audit and gignificant audlt fjndlngs. including any $igntfieant deficienc ITh Intemal control that identify during owaudrft. U88 of our report This report 1$ made sdely to the thoritoblè comwny's members, as 8 body, In accordance wlh Chopter 3 ¢f Part 1fj of Ihe Companle$ Act 2006. Our au(Jit work has been undertaken 50 that mlghl slate to the chadlable comp8ny's members those matlers we are required to state to them in an auditor'$ report and for no other purpose. To the fUlSt extent pemill6d by law, wa do not accept or assume responsibilliy to anyone other than the charltable company and th8 cfv8rftsb wmpanVs rTwnbys as a body, for our audit [k. for this report, or forthe opinions we have fotrnEd. Mr D Johnson FCCA (Senior Slatulory Audilorl forand on behawof N(wo Audit Limited Accountants and Slatulory Authknrs 7 Faraday Court Flr5t Avernje Burton upon Trent Staffordshiro DE14 2WX D8122 August2024
BURTON ALBION COMMUNITY TRUST IA ctsmpany Ilmlt8d by guarantee) STATEMENT OF FINANCIAL ACTMTIES Ilncludlng Income and expondltur8 a¢¢ountl fortho year endod 31 August 2023 Unrestrkt¢d funds 2023 Re8trfrted funds 2023 Toial funds 2023 Total fund8 2022 INCOMING RESOURCES Incoming resourc08 fr¢m 9&n8rJl8d funds.. Vduntary income Incoming rBsous from charft8bl8 actlvlles 14 172.732 506,466 172,732 1.546.281 75.135 1.571.035 1.039,815 TOTAL INCOMING RESOURCES 679.19B 1,039,815 1.719,013 1,846.170 RESOURCE8 EXPENDEO ch4ritfib a¢tivilles Governance costs 7B1,046 8,040 1.100.703 1.861.749 1,545.506 7,170 TOTAL RESOURCES EXPENDED 769.086 1,100,703 1869.789 1h52 676 msURPLUS11DEF1CjTI FOR The YEAR 189.6881 160.8881 1150.77 93.494 klOVEMENT IN TOTAL FUNDS FOR THE YEAR Total funds at I Saptamber 2022 532,814 532.814 439.320 Net Sujus1(d9fl¢Il forthe year 189,8881 160,8881 1150,T161 93,494 TOTAL FUNDS AT31 Augilst 2023 60.888 442,926 532,S14 10
BURTON ALBM)N COMMUNrrY TRUST (Arornpany 11m*d byguarants81 BALANCESHEET as at 31 Aygu$t 2023 2023 2022 FLXED ASSErs Tanglble asset¥ li 67,881 67,881 47.129 47,129 CURRENT ASBET8 DebtDrs Cash at bank and In hand 12 108.968 443,174 552,142 131,952 806,67 938.628 CREDITORS: amountsfalllng wlthln ono year 13 237,985 452.943 NET CURRENT ASSETS 314157 485,685 TOTAL ASSEfs LESS CURRENT LLABILITIES 382,038 532,814 NET ASSErs 382,038 $32.814 CHARITY FUNDS Unre$trieted funds Restrfcted fund8 Slnklnu fund 213.717 77,071 238,605 137,959 156.250 16 TOTAL FUNDS 382.038 532,814 Th8 finanr4al statements wefft approved byTnBtees on 22 Aust 2024 arid sHJned on their btshaw, by.. P Pu$èy Thls report was appro¥ C B Robitwn by the Trustee5 on 22 AuguslTrus
Burton Albion Communlty Trust Cash Flow Ststgmgnt forthe year ended 31 Auwst 2023 2023 2022 cash genèratèd from op8ratSons operang profit RecOnliation to Cash gen?rnted from operotions.. Depreciation Incréase in debtors Decrease in creditors 1150.7781 93.494 16.996 22,984 1214,9581 1325,754) 11.671 1,477 85,321 191,963 Appllcatlon of cash Purthase of langible fixed a55?ts 137,7481 137,7481 141,2401 141.2401 N¢t Incrga¥e In ¢a8h Cash at bank and in hand at 1 Sertembtsr Cash at bank •nd in hand 1088 ovardrafts at 31 August 1363.5021 806,676 750.723 655,953 806.676 Con81sng of.. C8sh al bank 8nd In hand 443.174 443,174 8,676 8(,676 This rep(t was 8pproved bylhe Trust8e8 on 22 August2024 and 4gned On Ih8ir beh4fby.' 12
BURTON ALBION COMhlUNrrY TRUST IA Company Ilmlted byguarantetl NOTES TO THE FINANCLthL STATEMENTS forthè ended 31 August 2023 1 AccouNnNG POLICIES B4sls of preparntlon The financial stalgm¢nl$ have be8n preparwj In oranCe vAth AccouDtsng and R8wlin9 by Charities-. Stat¢ment of Rewmrnended Praclic6 appllcatleto charfties preparin9 thelr accounte In accordanc8 the Fin8n¢i21 Reporting Standard appli¢able in ll)e UKand Republic DI Ir8land IFRS 1021 leffedve l January 20fj51- (Charilips SORP IFRS 10211, the FinanrJal Repthlng slarKf applKablt in the UK 8nd Republlc of Irtland IFRS 1021 and the Companies Act 2006. Burton bIon Commmity Twst meets the deffnitron of8 public benefft èntity under FRS 102. Assbls and liobilitiès ara initsalty recognlsBd at hlstorkal costortransadir) unles5 OtherlS& Staled in the r¢l¢v8nt accounting pafiGy. The finanryal siat8ments we prepared on a g0Sng conceTh basis under the historfGal Gost eA)nv8ntion. mod18 to Include (xrtain Items at fair value. Th8 finanaal stsl£menls are presentsd in stÈdw which is the funthonal cuTh8ncy of Ihe ¢harity and rounded to the nearest £000. The signfficanl aGGDuntiThg PDIiu8s apPld in the prepartion of Ihese f nancial statements s&t out below. These polldes have b8en consist8ntly 8ppli¥d to all years presBnted unl8SS Othernise 5tatÈd. RecDnclHatlon wlth prevlous g¢ttwallyacceptedprn¢tl¢ In preparing these accounts, the Trust¢&s hava considered wthether in appl5ryng ihe a¢u)unting prAiciÈs réquired by FRS 102 Iha Charities SORP FRS 102 tho restatement of comparative 1M888 reqwred. No r8Statemeniswérts rawlred. Company5tatus The company Is a comwy limtted by 9uar8ntee. The rnembers of th• ¢ompany are the named on 1. In the evenl Of the company being up, Ihe114blity in r¢spect of Ihe guarantee IS limited to £10.00 per ember of the company. Fundaccountlng Géneral funds are unre5M¢ted funds which arB av3ibatAe for u8e at the d58cr8tion of the TrustBes in rurtheranGe of Ihg genaral oblecuves ¢1 the company and vthiGh hav¢ not been designated for other purposes. Restrided funds ar8 lunds %thich are to be used in acts)rdan¢e 5perific re5tftcHons Imposed by donors or whlch have been rnised by the company for pariKular purp)ses. The costs of rdislng and administ8ring such fvnds arè charged 8g¥lnSt the sperAfic fund. The Oim and use of each re5trictod fund i8 set out in et•S to Ihe fjnancial statgrnents. IncomlngMsource8 AJI Incoming re50ur¢es aro Included in the SlatÈmenl of financial altieS ¥Yhen thB company has enliU8ment ¢0 thpfunds, ¢ertalnty of receipiand ount can be rn#a$ured wth sufficient reknability. Gifts in kJnd donated for di51ribu1)n are iJded at valualiDn and recognkEed as Income when tsy pre dislrfbuted to Ihe projects. Donat8d serv1$ cr f8¢i1tho$. vthkh comprise donated servlcos, are in¢ludod In irthme at a vgluabon %thich eslimpte of the finana5 ¢¢$1 borne ty the donor where a cost is qUantae and measurable. No in¢omo Is rewgni5ad there there 15 Tho finanryal cost bome bya third party. Irorne tsx rEcoveroble kn relallon to dOnAonS recelvad und8r Gfft or deeds of COVBnant Is Tecognlsed atlhe Ilme of the doltiOn. Income tsx r0¢0verabla in relatiorb to invèthenl Income is rq¢ogni88d al the brne thg Investment irKome 1$ r¢¢wvable. 13
BURTON ALBION COMMUNITY TRUST IA company Ilmllgd by guarantee) Noies TO THE FINANCIAL STATEMENTS forth6 y8arenLled 31 Auyu5t 2023 Grants Grants érÈ recognised ift full the charity has an urwnrfitionèl ènthleTn8nt to the incorne. Grants are deferred to the extent of Iha progress d a stipulated performance laryet or rf the condilDn5 of a grant ate outside the ch8riVs ntrOl. ACCOUNTING POLICES (Mnllnutd) Resources expeded Exp8nditwe is racognised once there ts a kgal or constructive obligalton totransler eojnomic ben8fftto a third party. il 15 prObae that a Iransferof ewnomlc benefits will be requlred in $¢IU?m8nt and the arnount of the obbgatlon can be measured reliably. Expenditure is cla8s1flod by activity. The eo&ts of each 8Ctivity are rn8de up of the total of directC05ts and shared costs, indudin9 SUPPOrt costs invofved in undertaking each aetiviiy. Dirts costs attributsbLe lo a singl• ¥ctiwty are alli)catsd directly to thet attivity. Shared costs whlch contribute lo more than one OelDIlty and 8UPPOrt costs whlth are not attrfbutable to a 5inglg acuvlty arts apporoned bemten those activities on a basis conslslent wlh ihe use of resources. Where costs cannvl be dlreclty attributed to parhcular actsvilies IhÈy hav8 b88n allocad on a basis consislant the use ol the resourcès. Governance ¢osts art those irKurred In connection %th admirffj5tratiM of thÈ mPanY and coThplian¢è con51itutiDnal and statutory requirem8nl5. I re8ource5 expended IluSIve of irr8COV9rable VAT. Goln9 The Tru$te¢s have cwsidered thé requlrements of th8 Comtyany for a peric*J of 12 rrnIh5 from the datB ofthe approval of Ihès8 finantial ststemgnts. Deprecl•flon l assets costing moré than £1,000 are capitaliged. Tarngib fixed assets ar£ stated al St 88 depre¢iabon. Depretiation is pro¥ided at ralas Calculated to vrrile off the c05t of fixed ass&ls, 18s8 their e6timaiod ¥asldual value. over their expected uselul INBS on the followng b8s89'. Molorvehicles Office equipment 15% Straighl Line 25% Straight Lin TAX8tlon The charity is exempt from corpDralon laxon 115 charitablè actNie$. Penslons The company opÈrales a defined wntlltxrtion pensfvjn sche. Contrbulions are charged to the profil and acrJ2unt as thay bewrne payable in accordance vthh the rulBs ol Ihe scheme. 14
BURTON AL810N COMMUMTfY TRUST IA Gompany Ilmltqd by guar4ntso1 NOTESTO THE FINANCI STATEMENTS forlhe y8ar ended 31 August 2023 Tumover athibutat4e to geOJr4)CI martets OLtside the VK 0.0% 0.0% 2 VOLUNTARY INCOME UnTO8trf¢tod funds Rastrlctèd fvnds 2023 Ttstsl lunds 2023 Tatsl fijnds 2022 2023 DonaUon8 Grants 171.741 991 171.741 991 68.791 Voluntary income 172,732 172.732 7S.135 3 NCOMING RESOURCES FROM CHARITABLE A¢nvinEs Llnrostrlct8d fvnds 2023 Restrlctad fund$ 2023 Totsl funds 2023 Total funds 2022 Comrnunity a¢lvibe$ 1.039.815 1.546381 1.571.035 4 GOVERNANCE COSTS Unr¢strf¢ted funds 2023 Restricted funds 2023 Total funds 2023 Total funds 2022 Audit fees Ac£ountanwfge5 3.300 4,740 3,300 4,740 2.880 4.290 8,040 7.170 DIRECT COSTS Communlty 8¢tlvhl¢s Total funds Total funds 2022 2023 2023 Facllity Hlre Community Football Cantre Rent Travelling EXPE85 Markoong EquiKMnen¢& Staff Unrforffls Trainlng Sundry Expgn88s Management leB$ Stsff costs ¢otnrnunityActivity Expenses 37,812 30,000 26,308 33.018 29.675 30.753 12.6DO 120.137 1,352,524 77,076 37,812 30,OOD 26,308 33,018 29,675 30.753 12,600 120,137 1W2,524 n,076 22.730 30,000 16.584 42.612 33.213 22,922 2.299 1,131.823 71,27D 1749.903 1.749,903 1,373,453 15
BURTON ALBION COMMUNITY TRUST IA cornpany Ilmfjted byguarantl NOTES TO THE FINAtr4CIAL STATEMENTS forth? y¢ar èndad 31 August 2023 6 SUPPORT COSTS Community actlvftlos Totsl funds 2023 To1 runds 2022 2023 Premise Expens05 Tdephontr & IT costs Postage, Stationery and Photocopwng Bank Charge5 Repairs and Renewals PTof8sslonal Fees and Sub8C¥iPtions Sinkin9 funtl DeprerAatiDn 33,354 21,490 14,302 4.996 51 85,191 33,354 21.49D 14,302 4,996 518 85,191 16S,0001 16,995 30,161 26.255 10,734 3,527 64,705 2S,000 11,671 16.995 172,053 7 ANALYSIS OF RESOURCES EXPENEED BY EXPENDMJRE TYPE Staff costs DeprecSatlon Oth¢r e08ts 2023 2Q23 2023 Total 2023 Total 2022 Community a¢tivitio$ Governance 1.352,524 16,995 484.190 8.lJ40 1,861,749 8,040 1,545,506 7,170 1 352.524 1,869.789 1552.676 8 ANALYSIS OF RESOURCES EXPENDED BY ACTIVIMES Dlro¢1 xtlvltles 2023 Support Costs 2023 Total 2023 Tolal 2022 Comrnunlly activit8 1,749 903 1.861.749 IF
BURTON ALBION COMMUNITY TRUST IAcompany Ilmltsd by guarant9•1 NOTES TO THE FINANCIAL STATEMENTS fforthe y8ar onded 31 August 2023 g NET INCOMING I IOLITGOINGI RESOURCES 2023 2022 This is S18 after charglng.. Depradalon Of8d fixed assets AltOrS, remuneration 16,996 11,671 1,20D There vras not any romw8rati, benefits In kind or reimbursement of expenses pahl to Trustee8 during the y8ar.12022.. £nlll 10 STAFF COSTS 2D23 2022 Wages and sarfes 1.352.524 1,131823 Th& averag8 monthly Nrnber of ém8$ during th8 year %¥88 as follows.. 2023 2022 Charitable activitiES 62 62 58 No ernployee rewved remuneration amouhtin9 to moré than 260.000 in alher year. 11 TANGIBLE FtXED ASSErs Motor vghicles Equlpment Total At 1 Septambor 2022 Addits"ons 40,824 51.018 37.748 91.842 37,748 At 31 Au9V$t 2023 40,824 88.766 129,590 Depre¢iation At 1 Sep8mber 2022 argo for the year 9.745 5.040 34,968 11.956 44,713 16.996 PI 31 Au9USt 2023 14,765 46.924 61.709 Net book valu Ai 31 August 2023 26,039 41,842 67,881 At 31 AwJust 2022 31,079 16.050 47,129 17
BURTON ALBION COMMVNifY TRUST IA company Ilml¢ed by guaranttèl NOVES TO THE FINANCIAL STATEMENT8 for th• yoar •ndBd 31 Augib5t 2023 12 DEBTORS 21J23 2022 rr8d8 debtors other debtors 739 41,969 89,983 108,968 131.952 Amounts du8 after more than one year knGluded above 13 CREDITORS.. Amountsfalling du6 wlthln one year 2023 2022 Trad8 credltors Oihertaxe5 and social sacurtiy costs Olh8rcreditors an¢J ¢8fwred income 19.854 21,132 27.289 19,922 4D5,732 237,985 452,943 14 ANALYSIS OF FUNDS Brought fotrward Incomlng RoUrte R•$tsur¢• Exp•nd•d Closlny Balance Transfers General furM15 238,605 679.198 1769.0861 65.000 213,717 RtrIctsd funds Restricted funds Sinking lund 137.959 156.250 1.039.815 11,100,703) 77,071 91,29J 65,000 At 31 August 2023 532,814 1,719.013 1.869.789 382,038 15 ANALYSIS OF NET ASSETS BETYIEFN FUNDS UDtt$trletsd fund• 2023 Restrlcted fundg 2023 Tot41 runds Total nd5 2022 2023 Tangibk fixed assets Curreni a$sets Creditors dye th1Th onayear 67.881 475.D71 1237,9851 67.881 552,142 1237,9851 47.129 938,628 1452.9431 77,071 304.7 77,071 382,038 532.814 18
BURTON ALBION COMMUNrrYTRUST IA company Ilmltod by guarantee) NOTES TO THE FINANC]AL STATEMENTS forthe y94f èrtdad 31 August 2023 16 RESTRICTED FUNDS ANALYSIS Brought forward Ineominy Rosource Re5tsufGO Exponded Clo•ing Bal•n Heath and fllbeiog Education employabilty Football in Ih$ MMunity Schaols sport Cornunityeng898m8nt 106,788 23,610 433.501 236,023 6.200 136.285 727.806 501,208 246.716 6,200 143,84 202,731 39,079 12,917 7,563 25,075 Totsl 137.959 1,039.815 1.100,703 77,071 The balance on the r&striGted funds as at 31 August 2023 wepresents ury8pent income ill bE ulllk8ed In the forthcoming months. All the grants 8r9 to delNer yoleGts &a8instagreed aitns and otlective5. 17 W4ALYSIS OF CASH EQUIVALENTS 2023 2022 C8¥h at bank and in hand 443.174 806,676 Total OTHER C(thIMITMENTS Tht total ol fiJlur8 minimurn bas8 payTnent5 under non-GEnc8llaNe oper8ting lease5 are 88 fdlov&.' 2023 2022 Nol18terthan Or year Later than one year and not terth0n five years 7.502 625 8,127 15.629 18 RELATED PARTY TRANSACTtONS During the yaar the charity wds charged VAT indusr¢e rent of £30.000 I20.. £30,0001 for Ihe use of lh& community facilib&S and 3G pitches by Alblon Fwtball Club18urtoMn-Trontl Limited (The). Thls transaction is ¢on$i¢Jered to be a¢ a5 IBtvJth and has been enfor¢4d by HMRC. During the year th8 charfty was chad VAT Incluslve Tnandgement and facillj'es charge of £120,137 12022.. £Nill lor Ihe us8 of Ihe club$ f8cllikn'e5 pv)vidBd by Alblon Fcotball Glub IBurton-LTrTrenti miied (The). Ttrls tran5actiDn 1$ consfjdared lo be at arms Ipngth. Dudng the yegr the tharity wa¥ charged VAT inclusive hospitality costs of £34,453 12Q22. £21,807) for Maiehday tickets 2nd hospitalty provided by Albion FLh)tball Club (Burton-Tren1} Limited tthel. This transactirm is consideted to bè al arms length. 19 ¢ONTROLLIMG PARTY Thè conwany Is contrdkd bythe Board of Tru$tegs. 19
BURTON AL810N COMMUNITY TRUST (Actsmpany Ilmlted by guarantso) DETAILEO PROFIT AND LOSS ACCOUNT lor thè arended 31 August 2023 untrIcd R¢stslcted fund5 funds 2023 2023 Unrostrlctsd Rèstrl¢tèd Yunds funds 2022 2022 Total 2C123 Total 2022 VOLUNTARY INCOME Donallon5 Grant5 Ilncl aRSI 171.741 991 171,741 68,791 6,344 68.791 6,344 172.732 172.732 75.135 75.135 INGOMING RESOURCES FROM CHARITABLE ACTIVITIES Comnwrtity actmties 506,466 1.039.815 1,546.281 1,023,207 547,828 1.571.035 506A66 1.039,815 1.$4e.2B1 1.023 207 547,828 1 571.035 Community Activlti*s 2Q23 Communlty A¢tlvltl•8 2022 Total 2023 To¢al 2022 GOVERNANCE COSTS Audit fees Aco)unlanGy fees 3,300 4,740 3,300 4,740 2.880 4290 2.880 4,290 DIRECT COSTS Facility Hir8 Community Foolball Centrs Rent Travelllng Expenses Marketing Equipm8nl & Stsff Unifortn$ TraSnlng Sundry Exwn8es Manaoement fee5 staff costs Community Activty Expenses SUPPORT COSTS Premise Expènses Teiephtsn& & costs Po$tage, St8tioneryADd PIKrtocopwng Bank Charg8S Repairs and Renevrdts Profe$$ional Fees and Subs¢rts)Iiens Sinklng fund DepreGlation 37.812 30,000 26.308 33.018 29,675 30,753 12.600 120,137 1,352,S24 77,076 37.812 30.ODO 26.3L18 33.018 29,675 30,753 12,600 120.137 1.352.524 n,076 22,730 30,000 16,584 42,612 33,213 22.922 2.29 22.730 30,DOD 16,584 42,612 33,213 21922 2,299 1.131,823 71,270 1,131,823 71.270 33.354 21.490 14,302 33,354 21,490 14.302 4.996 518 85,191 165,000) 16,99S 1.869.789 30,161 26,255 10.734 3.527 30,161 26.255 10.734 3.527 518 85,191 165,0001 e4,705 2S.OQO 11.671 1,5S1676 64.705 25,000 11,671 1.552,STF 1,869,789 NsuRpLUs 150,776 93,494 20