Chartty Re8i5tration No. 1147354 SWALWELL JUNIORS FOOTBALL CLUB ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023 SWALWELL JUNIORS FOOTBALL CLUB LEGAL AND ADMINISTRATIVE INFORMATION Trusiees Mi K A Christie Mi M Howie Mr D Kerr Mr Kevin Findlay C Findlav Mr D Ostle Charity number 1147354 Independent examiner TC Group 12 Bos5orner Court Hownsgill Induslrial Paik Kniisley Lanc Consett Co r)urhzm DH8 7BL SWALWELL JUNIORS FOOTBALL CLUB CONTENTS Pa8e Trustees, report Independent examiner'5 repgrt Statement ol fi'nancial acrivities 631ance Sheet Notes io thè th'nancial statements 7-13 SWALWELLJUNIORS FOOTBALL CLUB TRUSTEES. REPORT FOR THE YEAR ENDED 30JUNE 2023 The trustees present theii report and the unaudited financial statements ol the club for the year ended 30 June 2023. Reglstered charity name Swallwell lunitsrs Football Club Charlty registration number 1147354 Prlnciple address Derwenthaugh Park Spa We,1 Roa Blaydon on Tyne NE216JA The trustees Mr KAChristie Mr D Kerr Mr K Findlay Mrs C Findla¥ Mr M Huwii. MrD 05tle Oblectlves and activlrfes Purposes and acnvittes The objecrs are the promoron of community parncipaDon In healthy recreation in parricular by the provision of facilitie5 foi the playir$8 of amateur looib311 io advance In Ille and help young people through.. al the provision of recreètional and le15ure time activitlP5 pfovided in the inlerest ol social welfare designed to irnprove their condinon of life bl providing support and activities which develop iheir lile skills capacities and capabilities and to enable them to antscipate in society 35 mature responsible Individual5. In shaping the objettive5 for the year and planning èCrivitie5. the trustees have Considered the Charity Commissioner's guidance on public benelit. The Tru5tee5 have paid due ¥e8ard to guidance issued by the Charity Commission in deciding what activities the Charity should undertake. SWALWELL IUNIORS FOOTBALL CLUB TRUSTEES, REPORT ICONTINUEDI FOR THE YEAR ENDED 30 JUNE Z023 Achievements and performance Review of the activities and fLTrlure developments Our lacility'es are used throu8hout the year by Gateshead Council departments as well as schools lor fooiball matches. Create and the local fishing club also use the venue. the Red Kite running club mako ￿90 d rho fociliDQS and use the cl￿b as a base. The lasi year has seen continued ifflprovement across all of the teams, All monies raised by whatever mean5 go back into ihc club ro help achieve this success. the trustees are unpaid and continue to work with club members and oiher agencies ro maintain and improve facilines where possible and give member5 and supporting family. as well as ihe public. the best atmosphere we can achieve. Flnancial review It IS 1he policy ol the Charity that unrestricted funds which have noi been desiGnated Inr a sppcific uso Should be lai11t￿linEd at a l*.'v(..l equivalent to between three and six monih's expenditure. The Tru5tee5 con5ider5 That reserves at this level will cnsure thal, in the event of a significant drop In Ivnding, Ihey will be able to Conbnue ttte Charity's ctsrrent acnvines while consider3thon Is given to ways in which additional funds may be rdised. This level of reserves has been maintained throughout the year. The Trustees ha5 asse55ed the major risks lo which the Charity is exposed, and are sansh.ed ihat systems are in place to mittgate expo&ure to the major risks. Structure* governance and mana8emenl ReCr￿￿tment and appointment of Trustees The trustees conttnually audit ihe available skills of the board and look to acquire new trustees with diffprpnt skills And expvrie.ncp Vdhich ran assist in rhe growth of the orehnisanon. Recruitment 15 by approach and word ol mouth. Risk management The trustees and management have carried out an assessment of the majof risks facing the charitv. Or8anisaDonal SlruL1ure The charity has a management commitlee ol up to 5 member5 who meet on 3 regular basis. Mr K A Christie Mrm Howie Mr D Kerr Mr Kevin Findlay C Findl3v Mr D Ostle ,SWALWELL JUNIORS FOOTBALL CLUB TRUSTEES, REPORT ICONTINUEDI FOR THE YEAR ENDED 30 JUNE 2023 The Tru5tees' report was approved by the Board of Trustees. MrDKerr Chalr 25 March 2024 .SWALWELL JUNIORS FOOTBALL CLUB INDEPENDENT EKAMINER'S REPORT TO THE TRUSTEES OF SWALWELLJUNIORS FOOTBALL CLUB I report to the trusiees on my e¥aminatitsn of ihe h"nancial statements of Swalwell Juniors Footbal Club for the year ended 30 June 2022. Responslbllities and basis of report As the Trustees of the Charitv vou are fesponsible for the preparalion of ilie h'nancial statempTrls in accordance with the rv.quirelile￿1￿ of ihe Chhrities Ait 201 I (the ?.011 Actl. I report in respect of my examination of the Charily's fi.nancial Stateme￿15 carried out under section 145 of Ihe 2011 Act. In carrying oui my examinanon I have followed all the applitable Direction5 given by the Choriiy Commission under section 14515llbl ol the 2011 Aci. Independ•nt èxaminer's ststement I have completed my examination. I conh.rm that no matters have come to my attentron In connecnon with the examination giving me cause io believe that In any m.)tericil respect.. accounttng record5 were not kepl in respect of ihe Charity as required by seccion 130 01 the 2011Act.' or the financial 5tatempnts do not accord with those records.. or the financial stalemenls do noi £L)inply willi Ihe applicablL' requiremLnts concerning ihe fom) and contonr ol accounts sct oul in the Cha¥ities (Accounts and Repor151 Regulation5 2008 orher than anv requirement that the accounts give a true and fair view which Is not a n)atter considered as part ol an independeTht examination. I have no concerns and have come across no other mattews in coniiection with the examinah'on to wlith attontion should be drawn In ihis report in order to enable a proper understanding of the fi'nèncial 5tatemcnts to be reachcd. TC Group 12 8e55emer Court Hownsgill Industrial Park Knitsley Lane Consett Co Durham DH878L Dated.. 25 Mafch 2024 SWALWELL JUNIORS FOOTBALL CLUB STATEMENT OF FINANCIAL A￿1VITIEs INCLUDING INCOMEAND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30JUNE 2023 Unrestrlcted Endowment lunds funds 2023 2023 Totsl Unrestricted Endowment funds funds 2022 Total 2023 2022 2022 Notes Donations and le8acies Chèritable athvrtie5 5.808 50.729 5,808 50.729 3,564 40.215 3,564 40,215 Total Income 56,537 56.537 43.779 43,779 EK endlture ort.. Raising fLJnds 11,720 11,720 11.720 11,720 Charitable acnviries 57,833 57,833 56,201 56.201 Totsl resources expended 57,833 11.720 69.553 56,201 11,720 67.921 Net outgoing resou￿*1 before transfers 11.2961 111,7201 113.0161 112,4221 111.7201 124.1421 Gr055 transfer5 between funds 11.720 111.7201 11,720 111,7201 Net movement in funds 10,424 123,4401 113,0161 17021 123,4401 124,1421 Fund balances at l July 2022 143,166 298.886 442,052 143,868 322,326 466,194 Fund balan¢es at 30 Junc 2023 153,590 275.446 429.036 143,166 298,886 442,052 The statement ol linancial activities Incl￿deS all Eains and 1055es reco8nised in ihe year. All Income a￿d expenditure derive Irom continuing activities. 5WALWELL JUNIOFLS FOOTBALL CLUB BALANCE SHE AS AT30JUNE 2023 2023 2022 Notes Fixed assets Tongible assets Current assets )phinr C3sh at bank and in hand 457,080 468.800 27,175 5,123 2,563 29,906 32,298 32.469 Credltors.. amounts fallln¢ due wlthin one year li 111.4751 110,3501 Net current assets 20,823 22,119 Total assets less current liabilities 477,903 490.919 Credltors.. amounts falling due afttr more than one year 12 148,8671 148,8671 Net assets 429.036 442,052 Capital lunds Endowment fund5- general Income funds Unrestricted funds 275.446 298.886 153.590 143,166 429.036 442,052 The financial statements were approved by the Trustees on 25 March 2024 MrD Kerr Trustee SWALWELL JUNIORS FOOTBALL CLUB NOTES TO THE FINANCIAL STATEMENTS FOR YEAR SNDED 30JUAIE 2023 Accountin8 policies Charlty Information The club Is a public beneht enknty ènd a registered charity in England and Wales and is unincorpLY3ted. The address ol the principle offi.ce is Derwenth3ugh Park. Spa ¥Alell Road. Blaydon-on-Tyne. NE2J 6JA. 1.1 Accountin8 convention The lin3ncial statements have been prepared in accordance with the Charitv's governing document, the Charities Act 2011 and "Accounting 3od Repornne by Charibes." Stxiemeni of Recommended Practtce applirable to charitre5 preparin¥ thei¥ accounts ifj accorddnce wilh ihe Financiiil RLPOrtin¥ Sldndard applic3ble In th2 UK and Republic ol Ireland IFRS 1021 (effective l January 20191 The Charity is a Public Benefit Enhty a5 deh"Thed by FRS 102. The Charity has taken advantage of the provi51ons in the SORP for charities applying FRS 102 Update Bulletin I not to prepare a Statement of Cash Flo%vs. The financial statements are prepared in sierling. which is the functional currency of the Charity. Monetary amounts In ihese hnancial staiemenis are rounded to ihe nearesi £. The linanci31 statements have been prepared under the historical cost conveniion, modih'ed to include the revaluation of Ireehold properrie5 and io include investment properties and certain hnancial instruments at fair value, The principal accounrin8 policies adopled are set out below. 1.2 Going concern At the time of approvin8 the financial siaternents. the Trustee5 have a redsundble expeLtatioii tlidt tlie Chariiy has adequ8te resources to conkn'nue in operatitsnal ex1Stence lor the foreseeable futuie. Thus the Trusi¥e5 Loiilintse lo adopt ihe Boing concern basis ol accounting in pieparing the thnancial statements. 1.3 Chèriiable lundg Unr*.slricted funds are available for use at the discretion of the Trustees in funherance of their charitable objectives. Restricted fund5 are subject 10 5pecih"c conditions by donors as to how they rnay be used. The purp)5e5 and uses of the restricted funds are set out in the notes io the h"nancial statements. Endowment funds are subjeci to specific condiDons by donors that the capital fflu5t be tnaintoined by the Charity. 1.4 Intome Incotne is reco8nised when the Charity is legally entitled io li after any performance condition5 hwe been met, the amoLJnts can be measured reliably. and it is probable ihai income will be received. SWALWELLJUNIORS FOOTBALL CLUB NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 30JUNE 2023 Accountlng polities Iconiinuedl Cash donattons are reco£ni5ed on receipt. Other donations are recognised once the Charity h3s been otih.ed of the donation. unless performance conditions requiie deferral of the amount. Incorne t3X recoverable in relation to donations re£eived under Gift Aid or deeds of covertant Is recognised at the tstne of the doTraknDn. Legacies art ietognised on receipt or otherwise rf the Charity has been notr'fied of an impÈndin distriburon, the amount Is known. and receipt is experted. If the arnount 15 not known, the legacy 6 treated as a contin8ent asset. 1.5 Expenditure Income and expenses are Included In the fi"nancbal statements as thèy bec0[￿e reieivable or due. Expense5 include VAT where applicable a5 the company cannot reclaim It. 1.6 TanBlble flxed assets Tanxible fixed assets are initially measured at Cost and subsequently measured at cost or valLotion, net ol depreciation and any impairmeDt losses. DepreciaDon is reco6nised so as to write off ihe cosi or valuarion of assets less iheir residual values ever their useful lives on the following bases-. Freeh¢ld13nd and buildings Equipment Straight line 20% straight line The gairs or loss arising on the disposal of an asset Is determined as the difference between the sale PToceeds and the carrying value ol the asset. 15 reco8nised in net IncomellexpL'nditurL'I lor the year. 1.7 Impalrment ol flxed assets At each repomng end date, the Charrty reviews ihe carrying amounts of Its tangible assets to determine wherher there 15 any indicaiion that those a55PTS have 5uttered an iffjpairrnent Ios5. 11 any such indication exists, the reioverable amount ol the 355et 15 e5tim3ted in ordei to determifie ihe extent of the impairment 1.8 Cash and cash equivalents Cash and cash equivalents include cash In hand. deposits heid at tall Wbth banks. other shDrt-term liquid investments with original maturities of three moiiths or less. and bank overdraft5 Bank overdrafts ar shown within borrowing5 in curreni liabilities. SWALWELL JUNIORS FOOTBALL CLUB NOTES TO THE FINANCIAL ￿ATEmENTs ICONTINUEDI FOR THE YEAR ENDED 30JUAIE 2023 Accounting policies Icontinuedl 1.9 Flnancial instruments The Charity hès elected its apply the provisH)ns of Section 11 '8asic Financial Instrument5, and Secknon 12 'Other Finanti31 Instrumènts Issuès, of FRS 102 to all of lis hn3ntial instruments. Flnanclal ins(rumenis are reco8nised in the Charity s balance sheet when the Charity becomes party io the conir2Ctual provisions of the instrument. Financial a55ets and Iiabilrtie5 are olf5et. with the net amount5 presented in the frn3ncial Statements, when there is a legally enforceable right to set off the reco8nised èmounis and there is an intention to settle on net basis or to realise the asset arnd settle ihe liabilily simulianeously. Basic fi'nancial assèts, which intlude iJ*btors and cash ané bank balancès. are initially measured at twanSAclioTr price ifiiludin8 Iransaclioii cosls and are subsequently (Ariied at anitsrtised cost using ilip effecbve interest method unle55 the a¥ranRemeni £on51iluies a hnanciny iransaction. where ihe transaction is measured at the present value of the future receipis discounted at a market raie of Interest. Firencial assets classifi.ed as receivable wrthin one year are noi amortised. 8•slcfinontlol Iltsbillrfes Basic financial liabilities, Inclvdin6 crediiols and bank loons are In,.Dally reco8nised ai iransacrion price unless the arranBement consbtytes a hnancing transactron, where the debt instrument is measured at the present valuc of ihe luturc ￿YmentS discounted ai a market rate of interest. Financial li3bilihtrs clossifi'ed as payable within one year are not amortised. Oebt instrurnenls are subsequently tarried 313niomsed Cost. using the effecnve Interest rate method. Trade creditors are obligafjons to pay loi goods or services thai have been acquired in the ordinary course ol operarions from suppliers. Amounis payable are classified as cyr￿n1 IiabiliDes If paymeni Is due within one year or loss. If noi, thoy aro. prpsvnted as non.current Iir?bilihes. Tr47dp creditois are reiognisod InIti￿711Y ar Irans3ction price and sub5equenily measured at amortised c05t using the effectsve interest rnethod. Derecognition olfinonciol liobilities rinancial liabilities arc dciecogni5£.d when the CharitV'5 contractual obli%ations expire or are dischar%ed or caficelled. SWALWELL JUNIORS FOOTBALL CLUB NOTES TO THE FINANCIAL STATEMENT5 ICONTINUEDI FOR THE YEAR ENDED 30JUNE 2023 Donations and legacies Unrestricted Unrestricted funds fund5 2023 2L)22 Donations and gifts Granis received 808 5,000 3,564 5,808 3,564 Charltable athvltles 2023 2022 Membership and subscription5 Sponsorship Other income 50.031 370 328 39,865 120 230 50.729 40,215 Ralslng funds Endowment Endowment funds funds 8eneral general Z023 2022 Depreciation and impairment 11,720 11,720 11,720 11,720 io- SWALWELL JUNIORS FOOTBALL CLUB NOTES TOTHE FINANCIAL StATEMENTS ICONTINUEDI FOR THE YEAR EI¥DED 30JUNE2023 Charitable activities Charitable adivities Charitable Ctivities 2023 2022 Rate5 and Water Light and hcot Repair5 aTrd tnaintenanie Insurance Pitch maintonance Co