COMPANY REGISTRATION NUMBER 08339379 REGISTERED CHARITY NUMBER 1150677 bEw NORTH SHIELDS JUNIORS AFC (A COMPANY LIMITED BY GUARANTEE) FINANCIAL STATEMENTS 31ST MAY 2024 BELL TINDLE WILLIAMSON LLP Chartered Accountants and Registered Auditors The Old Post Office 63 Saville Street North Shields Tyne & Wear NE30 IAY
NORTH SHIELDS JUNIORS AFC A COMPANY LIMITED BY GUARANTEE FOR THE YEAR ENDED 31ST MAY 2024 CONTENTS Report of the Trnstees Independent Examinevs Report to the Trustees Statement of Financial Activities io Balance Sheet Notes to the Financial Statements 12-19 Thefollo>vKngpages do noiform part of¢hefinancial statements Detailed Analysis of Income and Expenditure 20-21 Detailed Analysis of Team Accounts 22-23
Page I IYORTH SHIELDS JUNIORS AFC A COMPANY LIMITED BY GUARANTEE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MAY 2024 The trustees are pleased to preseni thetr annual directors, report together with the financial statements of the charity for the year ending 3 1st May 2024 which are also prepared to meet the requirements foi a directors, report and fanCIal statements for Companies Aci purposes. The financial statements comply with the Charities Act 201 l. the Companies Act 2006, the Memorandum and Articles of Association. and the charities Statement of Recommended Practice {applicable to charities preparing their fmancial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland; FRS 102) issued in October 2019. Our Pur 05es and Aetivities Purpose The objects of the charity are to promote community participation in healthy recreatkon by providing facilities for the playing of Association football and other sports capable of improving health. Additionally, the charity aims to advance the education of young people in North Shields and the surrounding area by providing opportunities and facililies for playing Association football and other sports. This helps develop Éheir physical, mental, and spiritual capacities. enabling th¢m to grow to fjjll n)atiwity as individuals and members of society, thereby improving their conditions of life. Ensuring Our Work Delivers Our Aim5 We review our aims, objectives and activities each year. This review looks at what we have achieved and the outcomes of our work in the previous 12 months. The review looks at the success of each key a¢tivity and the benefits thai they have brought lo those groups of people we are set up to help. The review also helps us to ensure that our aims. objectives and activities have remained focused on our srated purposes. We have referred to guidance contained in the Chariws Commission's general guidance on public benefit when reviewing our ain]s and objectives and in planning our future activilies. In particular, the IteeS consider how planned activities will contribute to the ainjs and objectives they have set. The Focus ofour Work The main objectives continue to be the promotion of healthy recreation through Association football achieved via community participation and the provision of facilities for children and young people. Particular attention is focused on youth activities allowing children and young people io develop their physical ability as well as providing a place for them to socialise and forni friendships. The strategies used to meet these objectives include.. Coaching boys and girls football teams for a wide range of ages. Organising youth football events, including regular training sessions, football tournaments and trips away. Educating children and young people about football skills and the rules of the game to help them develop. Holding family fun days to raise the profile of the charity. Hosting presentation nights and other fundraising events. Running soccer skills Sessions and Wildcat girls sessions to improve the skills of young people not allocated to a team within North Shields Juniors AFC.
Page 2 NORTH SHIELDS JUNIORS AFC A COMPANY LIMITED BY GUARANTEE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MAY 2024 The Focus ofour Work (conlinHed) The addition of Squad Girls which is specifically aitned at girls aged 12-14. Squad Girls, Football is designed to help develop skills and build confidence, whilst encouraging girls to play their way, for people not allocated to a team within North Shields Juniors AFC. Delivering coaching sessions for an inclusion hub for special educational needs or alternative needs. How Our Activities Deliver Pllblic Benefit Our main activities and who we try to help are described below. Vho Used and Benefirtedfrom Our Services? Children and young people from North Shields and the surrounding area have primarily benefitted frorn our charity. Training tskes place regularly throughout the week and matches take place at weekends during the football season. This allows the children and young people to remain healthy and active, gives them the opportunity to socialise and be part of a team and assists in their development of football skills and undersdIng of the gan,$ nLles. The children who attend John Spence Community High S¢hool. from whom we lease the facilities, also benefit from the Charities investment. The wider community ¢an also hire the facilities for private football matches when available, extending the use of the facilities to adults and other young people not associated with the football club. For more infonnation about the services offered by the charity, please follow the charity on Facebook, X or visit our website. Achievements and Performance As the charity reflects on the financial year ended 31 si May 2024. the charity is pleased with the grothlh in the number of children and young people whom we provide a safe and secure environment for to allow them to socialise and exercise. Training for the season 23124 began in July with all children pleased to be back playing football. Several soccer camps were delivered throughout the season by Newcastle Eli* Academy on behalf of the charity. Throughout the season, the teams forn]ing part of the Club were very Success1, with many winning leagues and cups. The volunteer coaches, who the teams. are instrumental in achieving this success. The popular Soccer Skills development program, delivered on Saturday mornings. allows children from many age groups to learn and develop football skills with the charity without needing to be part of a team. This is also replicated on a Friday evening for girls only with the delivery of our Wildcats and Squad Girls session. We have also introduced an Inclusion Hub which takes place on a Thursday evening. The Hubs are weekly turn up and play recreational sessions designed to develop confidence and new friends in a positive and welcoming environment, delivering safe and quality football to SEN ¢hildr¢n that nY not have had the chance to play before.
Page 3 NORTH SHIELDS JUNIORS AFC A COMPANY LIMITED BY GUARANTEE REPORT OF THE TRUSTEES FOR THE YEAR EINDED 31ST MAY 2024 Achievements and Performance (continued) The charity continues to support other local ¢Rwiiies throughout the year, including the RNLI Culler¢oats Lifeboat Station & YMCA Homeless Charity. The club again held a family fun day supported by various local businesses with stands selling rnerchandise. Unfortunately, the weather was not the besi which had an impact on attendance. The club held an end-of-season awards ceremony at St James Park to recognize the achievements of all players, with over 3,000 attendees, including parents and players. The event was fiwther supported by some of our past professional players, such as Sean Longslaff, who presented awards. The club continues to promote Women's football showing significant growth within the Wonwi's game. The club maintains a strong partnership with John Spence Community High School. North Shields Juniors AFC remains an affiliated member of Northumberland FA and remains an England Football Accredited Three Star Club. the highest level achievable for a grassroots football club. The Club continues to have a Premier League Contract with the Nike organisation. Financial Review The charity. with the aid of sound fmancial management, has generated net funds of £49,453 for the year. Principal Funding Sources The main source of funding for the charity comes from donations from the Club teams. Fundraising activities also take place. Events are organised by the Club and by the individual team managers and monies raised from these events greatly contribute lo the income of th¢ Club. North Shields Holdings Limited is a company limited by gLraThte¢. incorpornted to carry out the trading activities of the Clubhouse which benefils the teams of North Shields Juniors. Any surplus funds generdted are donated to North Shields Juniors. No donation was received in the current financial year. Cos¢ Anolysis The main cosi for the year was the rent payments made to Jolm Spence Community High School for use of the sports grounds and pitches. The cost of safeguarding and coaching qualifications also represent a large part of the Club's expenditure. The costs of organising tournaments and trips and the cosls incurred in ensuring that the Club has up to date playing equipment are also significant expenses of the charity. Investment Powers and Policy Under the Memorandum and Articles of Ass¢xiation. the charity has the power to invest how the trustees wish.
Page 4 NORTH SHIELDS JUNIORS AFC A COMPANY LIMITED BY GUARANTEE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MAY 2024 Reserves Policy and Going Concern The IStee9 have examined the charltys requirement for reserves in light of the main risks facing North Shields Juniors AFC. It is the policy of North Shields Juniors AFC to maintain fimds at a level, which allows the charity lo operate in the event of unforeseen circumstances. North Shields Juniors holds general unrestricted fLmds, designated funds and restricted funds. Unrestricted funds are held lo meet the running costs of the charity. The designated funds are monies held on behalf of each of the teams and the restricted funds are used in accordance with the donols requirements. The trustees review Ihe level of reserves regularly during the FU1¢1a1 year and consider that the current level of funds is sufficient for the charity lo Continue operating for another fllmncial year. Plans for Future Periods The Club continues to grow, currently having 61 junior teams and 2 senior teams. The trustees are reviewing the Club and looking to improve the coaching facilities and fooiball philosophy. To continue offering a strong and success1 pathway for junior football, we are looking inio the opportunity of an additional club North Shields Football Club. The plan gives us extra facilities for the Club and provides a further pathway into open age football for our older players. We are also planning to reintroduce our senior Women's team again providing a pathway for girls from Wildcats up to open a2e football. To adapt to the everchanging environment the Club continues to review and update its policies and risk assessments. Volullteer5 and Other Thanks The trnstees wish lo thank the charitys dedicated volunteers for their hard work and effort over the year, which greatly contributes to the charity's work. The Club is also grate1 lo all managers. coaches. cashiers, parents and team members for organising fundraising events to generate additional fimding for their teams. We are also indebd to organizations that have awarded grants io the teams we work with to fimd new kits and equipment and have sponsored kits to allow the young people to have new sportswear each season. We hope that the success1 way the teams have utilized these monies will encourdge these funders to continue their supporL Reference and Administrative Details Charity Name.. North Shields Juniors AFC Charity ReRistra¢ion Number." 1150677 Company ReRistration Number.. 08339379
Page 5 NORTH SHIELDS JUNIORS AFC A COIIIPANY L[IITED BY GUARANTEE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MAY 2024 Reference and Administrative Details (con#inMed) Registered ojfiee.. The Old Post Office 63 Saville Street North Shields Tyne and Wear NE30 IAY Bankers: Barclays Bank plc 49-51 Northumberland Street Newcastle upon Tyne NEI 7AF Independent Examiner.. E. J. Hartshorne-Ferguson BA FCA Bell Tindle Williamson LLP The Old Post Office 63 Saville Street North Shields NE30 IAY Directors and Trus¢ees.' The directors of the Charitable company (the charity) are its trustees for the purpose of charity law and throughout this report and the fmancial stalements are collectively referred to as the trustees. The Iru5tees who Served during the year and who were appointed following the year end. are as follows: Elected Trustees.. D. Scarth M. Hall J. J. Brunlon L. J. Coulthard C. LOther The day to day admTlllStration and organisation of the charity is the collective responsibility of the trnstees. The trnstees are also assisted by the Club secretary. Structure Governance and Iana ement Governing Document North Shields Juniors AFC is a regisfrred charity (registered number 1150677) and a company limited by guarantee established under a Memorandum of Associalion which states the objects and powers of the charitable company. li is governed under its Articles of Association dated 21 st December 2012. In the event of the charitable company being wound up. the trustees would be required to contribute an amount not exceeding £10. Appoinlmenl of Truslees The director5 of the company are also charity trusiees for the Purposes of charity law. Under the requirements of tb¢ Memorandum and Articles of Association. the number of trnsiees shall not be less than 3 and not be more than 12 during the year.
Page 6 NORTH SHIELDS JUNIORS AFC A COMPANY LIMITED BY GUARANTEE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MAY 2024 AppoinlmenÉ of Trustees (Continued) Trustees are voted onto the committee at the Annual General Meeting. They can also be co-opted onto the committee by the Board itself between Annual General Meetings. Each trustee must retire from office at the conclusion of the next Annual Generdl Meeting following the commencement of their lem in o£fice. Ekch trustee is then irnmedialely available for re<lection but any lntee who has served for 8 consecutive years must take a break Irom office. All of the tN5tees give their time voluntarily and receive no benefits from the clwtty. Trustee Selection Trustees are noi actively sought as North Shields Juniors AFC is content with the number of Trnsfres it has. Should a potential trustee approach North Shields Juniors AFC or if North Shields Juniors AFC wishes to recrnit a trustee onto the board there are forn1 procedures in place to ensure a good Candidate is selected. There is no spe¢ifi¢ age group or experience required to become a trustee but the person must have a clean criminal record and must be willing and able to demonstrate that they can add to the range of skills present in the Current trustees. Trustee Induction and Training Any new trustees are likely to be familiar with the prdctical work of the charity before they join the board but are still likely to attend a series of short training sessions to fully l&qrn about the clwity. The main documents which set out the operational fratnework of the charity, including the Memorandum and Articles of Association are also discussed with any new trustees. They are also briefed on the current fllwicial position of the charity with the aid of the latest set of fmancial slatements. Finally the cutrent resources, grant funding and other revenue slreams are discussed as well as the future plans and objectives of the charity. New trustees will also be referred to the Charity Commission's guide "the Essential Tnlee, Organisalion The board of trustees administers the charity. They meet regularly to discuss the needs of the clwity and plan any action to be taken. Related Parties No related party transactions took place throughout the fllwicial year that require disclosure. Pay Policyfor Senior Siaff The board of directors. who are the charitys trustees, give their time freely and receive no remuneration. The charity does not employ any staff and relies heavily on volunteers to nm the Club. Risk Martagemenl The tSteeS have conducted a review of the major risks to which the charity is exposed. Particular attention has been focused on non financial risks and in particular health and safety risks and the safety of the children involved with the football club. Strong iniernal controls have now been developed to deal wtth such risks.
Page 7 NORTH SHIELDS JUNIORS AFC A COMPANY LIMITED BY GUARAIITEE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MAY 2024 Risk Management {continiied) As part of the risk management process. the InteeS have implemented a risk management strategy which comprises.. An annual review of the risks that the charity may face. Detailed action plans to mitigate those risks identified. and Implementation procedures designed to MiniSe any potential impact on the clwity should ally A summary of the main risks facing the charity are detailed below: Operational Risks Significant attention has been given to risks involving children, young people, and other health and safety concerns. Controls have been developed to address these risks, and all individuals involved with the Club adhere lo strict health and safety policies. Systems and procedures are in place to ensure high standards of protection. The Club has an ongoing duty to ensure the game is a safe, positive and enjoyable experience for the hundreds of children, young people and adults who regularly play, watch, Coac referee and volunteer. Our approach to safeguards across the charity is driven by a clear three-part strategy. Implementing preventative safeguarding measures (such as safer recruitment) to create fun. safe football environments. Making the reporting of concerns as easy as possible. 2nd Ensuring safeguarding, child protection and adult at risk eoncern5 are investigated sTrviftly and thoroughly in conjunction with statutory agencies- with demonstrable outcomes. This ongoing work is all underpinned by our policies, procedures and regulations. Financial RkS The charity does not rely on grant funding for day-to-day operations. Instea¢ it is Ihe donation5 from parents that allow the charity to meet all operational costs. Grant funding is only sought for specific ifrms of equipment or for Large one- off expenditure costs. E¥iernal Riskn North Shields Juniors AFC has a strong reputation in the local community, and the lrnstees are committed to maintaining and etthancing this repuialion. The club collaborates closely with schools. other chariti¢s. colleges. and the FA (both locally and nationally) to strengthen this repulalion. Social Media Policy and Risk Managemenl The club maintains a comprehensive social media policy. The Irustees are confident that they have implemented all necessary measures lo mitigate risks impacting North Shields Juniors AFC. The trustees are satisfied that they have taken all the necessary steps to lessen the risks affecting North Shields Juniors AFC.
Page 8 NORTH SHIELDS JUNIORS AFC A COIMPANY LIMITED BY GUARANTEE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MAY 2024 Trustees, Res onsibilities in Relation to the Financial Statements The charity trustees (who are also the directors for the purposes of company law) are responsible for preparing a trustees, annual repon and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generdlly Accepted Accounttng Prdctice). Company law requires the charity trustees to prepare flliancial stalements for each year which give a true and fair view of the stale of affairs ol the charitable cornpany and of the incoming resources and application of resources, including the income and expenditure for tbat period. In preparing those fmancial statements, the trustees are required to: Select suitable a¢¢ounting policies and then apply tIll consistently. Observe the methods and principles in the Charities SORP. Make sound judgments and estimates that are reasonable and prndent" State whether applicable UK Accounting Standards have been followed. subject to any material departures disclosed and explained in the fmancial statements" and Prepare the fncIal slalemenls on the going concern basis unless it is inappropriate to presume that the charity will continue in business. The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any lime the financial position of the charity and lo enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees are responstble for the tnainlenance and integrity of the corporate and financial inf0mtIOn included on the charitable compangs website. Legislation in the United Kingdom governing the preparation and dissemination of fmancial statements may differ from legislation in other jurisdictions. Statement of disclosure to our independent examiners In so far as the trustees are aware at the time of approving our tNslees' report: Ihere is no relevant infonnatioJL being InforntIOn needed by the independent examiner in connection with preparing their reporL of which the company's independent examiner is unaware" and the lrnstees, having made enquiries of fellow direclors that they ought to have individually taken, have each taken all the steps that he]she is obliged io take as a director in order to make themselv¢s aware of any relevant inforniation and io establish that the charity's independent examiner is aware of that infornmtion. Inde endent Examiner It will be proposed at the Annual GeTherdl Meeting that E. J. Hartshorne-Ferguson of Bell Tindle Williamson LLP will ntinue in office as the independent examiner for the ensuing year. wa roved by the board of trustees on 25th February 2025 and Signed on tts behalf by: D. SCARTH Trustee
Page 9 IYORTH SHIELDS JUNIORS AFC A COMPANY LIMITED BY GUARANTEE INDEPENDENT EXAMINERIS REPORT TO THE TRUSTEES FOR THE YEAR ENDED 31ST MAY 2024 I report on the financial slatemenls of the charity for the year ended 3 1st May 2024 set out on pages 10 to 19. RESPECTIVE RESPONSIBILfriES OF TRUSTEES AI*D EXAMINER The tNstees (who are also the directors of ihe company for the purposes of company law) are responsible for the preparation of the financial siatements. The charitgs trusiees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (Ihe 2011 Act) and that an independent examination is needed. The charity's gross income exceeded £250,000 and I am qualified to undertake the exatninaiion by being a qualified member of the Institute of Chanered Accountants in England and Wales. Having satisfied myself that the charity is not subject to audit under Part 16 of the Companies Act 2006 and is eligible for independent exatnination, it is my responsibility to: examine the fUAcIal statemenls under section 145 of the 2011 Act. follow the procedures laid down in the General D1CtionS given by the Charity Conllnission under section 145(5)(b) of the 2011 Act, and state whether particular matters have come to my attention. BASIS OF INDEPENDENT EXAmIER's REPORT My examination was carried out in accordance with tbe General Directions given by the Charity Conunission. An examination includes a review of the accounting re¢ords kept by the Charity and a comparison of the fllkqncial statements presented with those records. It also includes considerdtion of any unusual items or disclosures in the fmancial statements, and the seeking of explanaiions from you. as Trustees, concerning any such matters. The procedures undertaken do not provide all of the evidence that would be required in an audit and, consequently, no opinion is given as to whether the financial slaiements present a 'true and fair view. and the report is limited to those matters set out in the slatement below. INDEPEINDENT EXAMINER'S ST ATETrIENT In connection with my examination, no matter has come to my attention: which gives me reasonable cause to believe that, in any Inaierial respect, the requirements: (a) to keep accounting records in accordance with section 386 of the Companies Aci 2006. and (b) to prepare financial statements which accord with the acwunting records and Comply with the accounting requirements of section 396 of the Companies Act 2006. (c) to prepare financial statements Èn accordance with the methods and prin¢iples of the Statement of Recommended Practice for accounting and reporting by charities. have not been met. or to which, in my opinion, attention should be drawn in order to enable a proper understanding of the financial statements to be reached. Bell Tindle Williantson LLP Chartered Accountants The Old Post Office 63 Saville Stre¢i North Shields Tyne & Wear NE30 IAY E. J. Harlshorne-Ferguson BA FCA Independent Examiner CHARTERED ACCOUNTANTS AND REGISTERED AUDITORS 25th February 2025
Page 10 NORTH SHIELDS JUNIORS AFC A COMPANY LIMITED BY GUARANTEE STATEMENT OF FINANCIAL ACTIVITIES INCORPORATING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31ST MAY 2024 Unrestricted Funds Restricted Funds 2024 2023 Note ll¥COME: Donations and Legacies 211,638 211.638 186,777 Activities for Raising Funds 114,624 114,624 103,217 Investment Income TOTAL llNCOMING RESOURCES 326,263 326,263 289,994 EXPENDITURE: Costs of Raising Funds 35.928 35,928 33.706 Expenditure on Charilable Activities 240,882 240,882 195,745 TOTAL EXPEIYDITURE 276.810 276,810 229.451 SURPLUS FOR THE FINANCIAL YEAR 49,453 49,453 60,543 RECONI CILIATION OF FUNDS: OPENING FUNDS AT 1ST JUNE 2023 15 430.127 430,127 369.584 SURPLUS FOR THE FINANCIAL YEAR 49.453 479,580 49,453 479,580 60.543 430,127 CLOSING FUNDS AT 31ST MAY 2024 15 The Statement of Financial Activities includes all gains and losses in the year and therefore a statement of total recognTrsed gains and losses has not been prepared. l incoming resources and resources expended derive from continuing activities The noles on pages 12 10 19form part oflhesefinancial sla¢emenL
Pagell NORTH SHIELDS JUNIORS AFC A COMPANY LIMITED BY GUARANTEE BALANCE SHEET AS AT 31ST MAY 2024 Note 2024 2023 FIXED ASSETS io 172,879 173,246 CURRENT ASSETS Stock Debtors Cash at Bank and in Hand li 12 1.260 55,690 279,448 336,398 945 55,606 229,882 286,433 CREDITORS- AMOUNTS DUE WITHIN OINE YEAR 13 29.697 29,552 NET CURRENT ASSETS 306.701 256,881 TOTAL ASSETS LESS CURRENT LLIBtLITIES 479,580 430,127 CAPITAL Unrestricted Funds - General Unrestricted Funds- Designated 15 15 469.242 10.338 416.190 13,937 479,580 430,127 These fmancial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to ihe small companies, regime and in a¢¢ordan¢e with FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland.. For the year ending 31st May 2024 the company was entiiled io exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Directors, responsibilities- The members have noi required the company to obtain an audit of its financial statements for the year in question in accordance with section 476. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of fman¢ial statements. ese fina I statements were approved by the board of dire¢tors and authoris¢d for issue on 25th February 2025 and ehalf of the board by: D. SCARTH Trustee CompRny Registration Number: 08339379 The notes on pages 12 10 19form part of thesefinancial slatemenl&
Page 12 NORTH SHIELDS JUNIORS AFC A COMPANY LIMITED BY GUALINTEE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MAY 2024 ACCOUNTING POLICIES The principal accounting policies adopt judgements and key sources of estimation uncertainty in the preparation of the fmancial statenients are as follows: a) Basi5 of Pre aration of Fillallcial Statements The financial statemenls have been prepared under the historical cost convention, and in accordance with the Charities: Siatement 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 SORF (FRS 102)). the Financial Reporting Stsndard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. North Shields Juniors AFC meets the defmition of a public benefil entity under FRS 102. Assets and liabilities are initially recognised at historical cosl or transaction value unless otherwise slated in the relevant accounting policy note(s). aration of the Financial Statements on a Goin Concern Basis The tNstees consider that there are no material uncertainties about the Charity's ability to Continue as a going concern. There are no significant judgments or key sources of estimation uncertainty that affect the funcIaL statements. e) Cash Flow Statement The Imstees have taken advantage from including a cash flow statement in the finan¢tal ststements on the grounds that the charity is small. d) Income 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 income receivable can be measured reliably. The following specific policies are applied to particular categories of income: Donations and grants are recognised when the charity has been nolified in writing of both the amouni and settlement date. In the event that a donation is subject to conditions that require a level of perfonnance before the charity is entitled to the nds. the income is deferred and not recognised until either those conditions are fully met, or the fulfilmenl of those conditions is wholly within the control of the charity and it is probable that those conditions will be fulfilled in the reporting perio Monies raised from activities for generating fimds and sponsorship monies are included when received. Investment income is included when receivable. Tournament income is included when received. e) Fund Accountin Unrestricted Funds are funds which are available for use at the discretion of the trustees in fiwtherance of the general objectives of the Charity and which have not been designated for other purposes. Designated Funds are unrestricted fimds held on behalf of the individual teams.
Page 13 NORTH SHIELDS JUNIORS AFC A COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MAY 2024 ACCOUNTII%G POLICIES Icontinuedj e) Fund Accountin {¢onlinMed) Restri¢led Funds are funds which are to be used in accordance with specific restrictions imposed by their donors or which have been raised by the Charity for particular purposes. The cost of raising and administering such funds are charged against the specific nd. enditure and Irrecoverable VAT Expenditure is recognised once there is a legal or constructive obligation to make pa)rynent to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following activily headings: Costs of raising funds comprise the costs of activities and consumables. Expenditure on charitable activities includes the cost of events and other activitÈes undertaken lo further the pu0$¢$ of the charity and their associated support costs. Governance costs include those costs associated with meeting the Constitutional and statutory requirements of the charity and include independent examination fees and costs linked to the strategic management of the charity. Irrecoverable VAT is charged as a cost against the activity for which the expenditu was incurred. ort Costs Support costs are those nctiOnS that asstst in the work of the charity but do not directly undertake charitable aclivities. Support costs include office costs, finance, payroll and governance costs which support the charity's activities. These ¢osts have been included within expenditure on charitable activities. ible Fixed Assets All red assets are initially recorded at cost. reciatioll Depreciation is calculated to write off the cost of fed assets over the expected useful lives of the assets concerned. The principal annual rates for this purpose, which are consislenl with those of the previous year. are:_ Motor Vehicles Stmctures and Equipment L¢aschold Property Improvem¢nts 250/0 20% Reducing Balance Reducing Balance Reducing Balance j) Cash at Bank and in Hand Cash at bank and in hand comprises floats held for teams and funds held in the charity bank current account and deposit account.
Page 14 NORTH SHIELDS JUNIORS AFC A COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MAY 2024 ACCOUNTING POLICIES (¢onfv*tsed) k) Creditors and Provisions Creditors are recognised where the charity has a present obligalion resuliing from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors are nornially recognised at their settlement amount after allowing for any trade discounts due. eratin Lease A reements Rentals applicable to operattng leases where substantially all the benefIts and risks olownership remain with the lessor are charged to the profit and loss account as incurred. m) Financial Instruments A fmancial asset or a financial liability is recognised only when the entity becomes a party to the contrdctual provisions of the inslrnment. Basic fmancial instruments a initially recognised at the transaction price, unless the arrangement constiteS a fmancing transaction. where it is recognised at the presenl value of the future payments discounted at a nrket rate of interest for a similar debt instrument. Debi instruments are subsequently measured at amortised cost. LEGAL STATUS North Shields Juniors AFC is a company limited by guarantee and as such has no share capital. In the event of the chariiable company being wound up. the tnsiees would be required to contribute an amount not exceeding £10. DONATIONS AND LEGACIES 2024 TOTAL 2023 TOTAL Unrestricted Restricted Donations and Memberships Gift Aid 170.027 41.611 170,027 41.611 162.398 24,379 211,638 211,638 186,777
Page 15 NORTH SHIELDS JNUIORS AFC A COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MAY 2024 ACTIVITIES FOR RAISILYG FUNDS 2024 TOTAL 2023 TOTAL Unrestricted Restricted Sponsorship Fundraising Activities and Soccer Skills Trips and Tournament Income Pitch Hire Cabin Sales Soccer Camps 38,662 32.698 5.333 5.060 21,681 11,190 38,662 32,698 5.333 5,060 21,681 11,190 31,677 32,109 6,955 4,370 11,666 16,440 114,624 114,624 103,217 INVESTMENT INCOME 2024 TOTAL 2023 TOTAL Unrestricted Restricted Bank Interest Receivable COST OF RAlStNG FUNDS 2024 TOTAL 2023 TOTAL nrestricted Restricted Tournaments and Trips FÈnes Paid Fundraising Expenses Cabin Expenses Team Activities Soccer Camp Expenses Soccer Skills Rewards 5,547 1,954 2.154 17,348 3.385 1.500 4,040 5,547 1,954 2,154 17,348 3,385 1.500 4.040 8,501 2,656 213 15,439 3,997 2.900 35,928 35,928 33,706
Page 16 NORTH SHIELDS JUNIORS AFC A COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR EIYDED 31ST MAY 2024 EXPENDITURE OYL CHARITABLE ACTIvfriES 2024 TOTAL 2023 TOTAL Unrestricted Restricted Rent of Ground Facility Charge Expenditure Playing Equipment Coaching. First Aid and Safe Guarding Match 01cla1S Pitch and Contrainer Hire Trophies and Medals Presentation Nights. Dinners & Retirement Affiliation Costs Training Kit Other Kit Kit Cleaning Insurance Printing and Stationery Telephone Website Costs Motor Expenses Repairs and Maintenance Bank Charges and Interest Miscellaneous Expenses Accouniancy Fees Independent Examiner Fees {5ee note 8) Depreciation - Structures and Equipment Depreciation - Motor Vehicles Depreciation - Property Improvements Loss on Disposal of Motor Vehicle 57,200 57.200 57,200 658 52,874 2,600 1,746 4,307 14,584 10,083 11,012 15,763 54,462 5.385 1,694 4,752 8,193 5.985 16.502 30.726 20.140 760 2.121 409 480 708 35 5.879 1.663 2.227 5,216 1,752 11,516 54,462 5,385 1.694 4,752 8,193 5,985 16,502 30.726 20,140 760 2,121 409 480 708 35 5,879 1.663 2.227 5.216 1,752 11,516 840 2,525 240 723 159 135 3,724 925 1,269 4,239 1,750 5,719 196 2,474 2.489 588 2,489 588 240,882 240,882 195,745 ANALYSIS OF GOVERNANCE COSTS 2024 TOTAL 2023 TOTAL Unrestricted Restricted Independent Examiner Fees 1.752 1.752 1.750 1,752 1,752 1,750
Page 17 NORTH SHIELDS JUNIORS AFC A COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MAY 2024 TRUSTEE RELIIUNERATION EXPENSES AND THE COST OF KEY I¥IANAGEMENT PERSONNEL The charity had no employees during the fmancial year. The charity trnstees were not paid nor did they receive any other benefits from employmeni with the Charity in the year {2023: £nil) nor were they reimbursed expenses during the year (2023.. £nil). No clwity trustee received payment for professional or other services supplied to the charity (2023: £nil). The key management personnel of the charity comprise the trustees. 10. TANGIBLE FIXED ASSETS Leasehold Pro er rol'ements L Iotor 'ehieles Struetures ui meE]t TOTAL COST As at 1st June 2023 Addilions Disposals As at 31st May 2024 132,500 6,000 71,895 14,226 210,395 14,226 (6.000) 218,621 (6.000) 132.500 86,121 DEPRECIATION As at I st June 2023 Disposals Charge for year As at 31st May 2024 8,131 5,412 (5.412) 23,606 37,149 (5.412) 14,005 45,742 2,489 10.620 11,516 35,122 NET BOOK VALUE As at 3 1st May 2024 121,880 6.000 36,773 172,879 As al 3 Isi May 2023 124.369 588 48,289 173.246 11. STOCK 2024 2023 Cabin Stocks 1.260 945 1,260 945 12. DEBTORS 2024 2023 North Shields Holdings Limited 55,690 55,606 55,690 55,606
Page 18 NORTH SHIELDS JUNIORS AFC A COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MAY 2024 13. CREDITORS 2024 2023 Amounts due within one year:_ Accruals 29,697 29,552 29.697 29,552 14. ANALYSIS OF NET ASSETS Restricted Funds Unrestricted Funds Total Tangible Fixed Assets Current A&sets Current Liabilities 172,879 336,398 (29,697) 172,879 336,398 (29,697) Net Assets at 31 st May 2024 479,580 479,580 15. STATEMENT OF FufyDS Balance l June 2023 Balance 31Ma 2024 Income ended Unrestricted Funds General Designated- Teams 416,190 13.937 267,516 58,747 (214,464) (62,346) 469,242 10,338 430,127 326,263 (276.810) 479,580 Unrestricted Funds- General The funds can be used in any way by the trustees in accordance with the objectives of the charity. Unrestricted Funds- Designated- Teoms These ndS represent the amounls held on behalf of the teams that the charity works with. 10. INDEPENDENT EMMINERS FEE The independent examination work conducted during the period constituted a fee of £1,752.
Page 19 NORTH SHIELDS JUNIORS AFC A COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MAY 2024 17. TAXATION As a charity, North Shields Juniors AFC is exempt from tsx on income and gains falling within section 505 of the Taxes Act 1988 or section 256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. No tax charges have arisen in the charity. 18. RELATED PARTY TRANSACTIOINS D. Scarth is also a director in North Shields Holdings Limited. North Shields Holdings Limited is a company limited by guarantee, incoryorated to carry out the trading activitie5 of the Clubhouse which benefits the teams of North Shields Juniors. Any surplus funds generated by North Shields Holdings LiTniied will be donaied to North Shields Juniors AFC. Surplus funds of £Nil were donated in the year {2023: £Nil). An inter company loan processes the transactions between North Shields Juniors AFC and North shields Holdings Limited. During the year. North Shields Juniors AFC, borne costs for North Shields Holdings Limited of £1,084 (2023: £17,775). Also, during the year, North Shields Holdings Limited made repayments totalling £1,000 towards this loan. The amount owed to North Shields Juniors AFC at the year end was £55,690 (2023.. £55,606) and this is shown in debtors. The directors had no material interest in any other transaction entered into by the company during the financial year. No other transactions with related parties were undertaken such as are required to be disclosed under the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). 19. ULTIMATE CONTROLLING PARTY In the opinion of the trustees. there is no ultimate controlling party of the chaTity other than the Board itself.
Page 20 NORTH SHIELDS JUNIORS AFC A COMPANY LIMITED BY GUARANTEE DETAILED ANALYSIS OF INCOME AND EXPENDITURE FOR THE YEAR ENDED 31ST MAY 2024 Unrestricted Funds Restricted Funds 2024 Total 2023 Total INCOME Donations and Legacies Donations and Memberships Gift Aid 170.027 41.611 170,027 41.611 162,398 24.379 Activities for Raising Funds Sponsorship Fundraising Activities and Soccer Skills Trips and Tournament Income Pitch Hire Cabin Sales Socc¢r Camps 38.662 32.698 5.333 5,060 21,681 11,190 38,662 32,698 5.333 5.060 21,681 11,190 31,677 32,109 6,955 4,370 11,666 16,440 Investmellt Income BaTJk Interest Receivable TOTAL INCOMING RESOURCES 326.263 326,263 289,994 EXPENDITURE Cost of Raising Funds Tournaments and Trips Fines Paid Fundraising Expenses Cabin Expenses Team Activities Soccer Camp Expenses Soccer Skills Rewards 5,547 1.954 2.154 17,348 3.385 1,500 4,040 5,547 1,954 2.154 17.348 3.385 1.500 4,040 8,501 2,656 213 15,439 3,997 2,900 35,928 35,928 33,706
Page21 NORTH SHIELDS JUNIORS AFC A COMPANY LIMITED BY GUAIL4NTEE DETAILED ANALYSIS OF INCOME AND EXPENDITURE FOR THE YEAR ENDED 31ST MAY 2024 Unrestricted Funds Restricted Funds 2024 Total 2023 Total EXPENDITURE (coAtinued) Expenditure on Charitable Activities Rent of Ground Facility Charge Expenditure Playing Equipment Coaching, First Aid and Safe Guarding Match Officials Piich and Container Hire Trophies and Medals Presentation Nights, Dinners & Retirement Affiliation Costs Training Kit Other Kil Kit Cleaning Insurance Printing and Stationery Telephone Website Cost Motor Expenses Repairs and Maintenance Bank Charge5 and Interest Miscellaneous Expenses Accountancy Fees Independent Examiner Fees Depreciation- Structures and Equipment Depreciation - Motor Vehicles Depreciation - Propety Improvements Loss on Disposal of Motor Vehicle 57,200 57,200 57,200 658 52,874 2,600 1,746 4,307 14,584 10,083 11,012 15,763 54,462 5.385 1.694 4,752 8,193 5,985 16.502 30.726 20,140 760 2.121 409 480 708 35 5,879 1.663 2227 5,216 1,752 11,516 54,462 5,385 1.694 4,752 8,193 5,985 16,502 30,726 20,140 760 2,121 409 480 708 35 5,879 1.663 2.227 5.216 1,752 11,516 840 2,525 240 723 159 135 3,724 925 1.269 4,239 1,750 5,719 196 2,474 2.489 588 2,489 588 240,882 240,882 195.745 TOTAL RESOURCES EXPENDED 276,810 276,810 229,451 NET SURPLUS 49.453 49.453 60,543
Page 22 NORTH SHIELDS JUNIORS AFC A COMPANY LIMITED BY GUANTEE DETAILED ANALYSIS OF TEAM ACCOUNTS FOR THE YEAR ENDED 31ST MAY 2024 Balance l June 2023 Balante 31Ma 2024 Income ended Mini Soccer U7 Blacks U7 Juniors U7 Juniors Girls U7 Reds U7 Whtes U7 Yellows U8 Blacks U8 Juniors U8 Juniors Girls U8 Reds U8 Reds Girls U8 Whiles U8 Yellows U9 Blacks U9 Blues U9 Juniors U9 Juniors Girls U9 Reds U9 Whites U9 Yellows UIO Blacks UIO Blues UIO Juniors UIO Juniors Girls UIO Reds UIO Reds Girls UIO Whites UIO Yellows 885 2,076 997 440 1,260 285 690 630 1,176 (885) (1.293) (923) (474) (870) (297) (430) (653) (941) (330) (873) (555) (396) (914) (725) (1.159) (906) (1,007) (893) (570) (687) (708) (264) (884) (649) (724) (562) 6.302) (25.874) 783 74 (34) 390 (12) 260 78 235 (82) ioi 248 873 500 860 810 620 1.230 1.000 1.170 1.240 400 921 930 34 (21) 464 350 263 71 454 368 253 (143) 80 (146) 416 (90) 88 222 455 1,125 245 81 204 {92) 5,771 719 2.009 690 805 630 6,226 29,353 204 136 (16) 2,292 Juniors U I l Blacks U I l Juniors Ul l Juniors Gir15 U I l Reds Girls Ul I Whites U I l Yellows U12 Blacks U12 Juniors U12 Juniors Girls U12 Reds U12 Reds Girls U12 Whites U13 Blacks Ul 3 Juniors U13 Juniors Girls U13 Reds U13 Whites U13 Yellows 1.057 (I 10) 1,117 79 16 158 447 146 1.295 1.225 620 974 1,205 1,010 621 360 1,450 1,407 700 731 I,(Y)3 50 1,680 1,270 I,¢x)o 2,753 19,354 (2,242) (1,119) (1,125) (728) (1.221) (869) (779) (332) (1,654) (1,421) (982) (579) (1.378) (189) (1,680) (1,877) (1,663) (3,628) (23,466) 110 (4) 612 325 299 289 174 (195) (7) (227) 216 55 375 78 {61) 584 1.136 156 5,374 123) 473 (719) 1,262 Balance Carried Fonvard
Page 23 NORTH SHIELDS JUNIORS AFC A COMPANY LIMITED BY GUARANTEE DETAILED ANALYSIS OF TEAM ACCOUNTS FOR THE YEAR ENDED 31ST MAY 2024 Balance l June 2023 BAlance 31 l¥la 2024 Income ended Juniors (conlinued) Balance Broiighi FOr'ard 5.374 218 19.354 600 40 650 490 40 (23,466) (339) 1.262 479 40 (245) U14 Athletic U14 Blacks U14 Juniors U14 Juniors Girls U15 Blaeks U15 Juniors U15 Whites U16 Juniors U16 Reds U16 Whites U17 Athletic U17 Juniors U17 Whites U18 Juniors Girls U18 Reds WildCatsqUad81rls and Inclusiijn Hub Teams no longer playing 140 1.164 513 278 (155) 88 388 182 1,330 545 {10) 177 (806) 1.841 378 11.645 (1.035) (1.651) (543) (36) (1,141) (1,075) {824) (540) {130) (347) (1.160) (1.351) (149) (2,307) 378} (36,472) 10 242 (293) (187) (296) {3) 1,200 328 (io) 1,003 800 140 355 130 1.160 1.174 535 2.923 (420) 2,457 29.394 4,567 TOTALS 13,937 58,747 (62 J46) IOJ38