**REGISTERED COMPANY NUMBER: 08428250 (England and Wales) REGISTERED CHARITY NUMBER: 1151385**
## REPORT OF THE TRUSTEES AND
## UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2021
## FOR
## PANNAL SPORTS JFC
Baty Casson Long Windsor House Cornwall Road Harrogate North Yorkshire HG1 2PW
PANNAL SPORTS JFC
## CONTENTS OF THE FINANCIAL STATEMENTS for the year ended 31 May 2021
|||Page||
|---|---|---|---|
|Reference and Administrative Details||1||
|Report of the Trustees|2|to|3|
|Independent Examiner's Report||4||
|Statement of Financial Activities||5||
|Balance Sheet|6|to|7|
|Notes to the Financial Statements|8|to|12|
|Detailed Statement of Financial Activities||13||
PANNAL SPORTS JFC
REFERENCE AND ADMINISTRATIVE DETAILS for the year ended 31 May 2021
## **TRUSTEES**
G W Barker M D Cormack N J Viles J P Barker M R Taylor
## **REGISTERED OFFICE**
4 Queen Street Leeds West Yorkshire LS1 2TW
**REGISTERED COMPANY NUMBER** 08428250 (England and Wales)
## **REGISTERED CHARITY NUMBER** 1151385
## **INDEPENDENT EXAMINER**
Baty Casson Long Windsor House Cornwall Road Harrogate North Yorkshire HG1 2PW
Page 1
PANNAL SPORTS JFC
for the year ended 31 May 2021
## REPORT OF THE TRUSTEES
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 May 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
A list of current trustees is provided on page 1.
New trustees are selected by invitation of the existing trustees, to fill any vacancy in the management of the trust, so as to recruit an individual possessing the specific training and experience required for that role.
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
The principal activity continues to be the provision of junior football and will remain so in the future. During the year the club has continued work on its ground and facilities, to enable the club to provide higher quality football training and match facilities. Work will continue to fund and develop this facility, which has been granted material funding from The Football Foundation.
Public benefit
The Trustees have reviewed their statutory duties and remain satisfied that the Club operates in the public benefit through the resources it offers junior footballers.
## **Volunteers**
The charity is dependent on volunteers for the running of the junior football teams and would like to thank them all, as without them the charity would not function.
## **ACHIEVEMENT AND PERFORMANCE**
## **Charitable activities**
In this year the Club provided junior football for 31 teams and 606 boys and girls throughout the age groups.
## **Fundraising activities**
The club's key fundraising activities are:
Kit Sponsorship - all kits are sponsored through connections and relationships with local businesses. Donations - the club receives donations from individuals in the form of membership and match fees and from local organisations for sponsorship.
Club merchandise - the club sells branded and unbranded merchandise through a third party web site from which the club receives a commission.
## **Investment performance**
The trustees consider the level of bank interest received acceptable given the need to maintain accessibility to deposit funds.
## **FINANCIAL REVIEW**
## **Investment policy and objectives**
It was agreed that the Investment Policy is for the Club's funds to be retained at the bank to be available for the Club's activities. The trustees are satisfied with the return on the bank accounts as they feel it is important to have instant access to funds to facilitate the continuing development of the football ground.
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
## **Reserves policy**
The Accounts were considered, discussed and approved. The Club remains in a healthy position. The Trustees believe that with the development of the ground, the Club has achieved its aim of securing a base for the next 25-30 years. As such the Club's Reserves Policy will be to direct fundraising activities exclusively for the preparation of pitches and the construction of a club house.
On an ongoing basis, however, the Trustees are pleased to note that the income received from all sources allows the Club to continue to run 31 teams for boys and girls throughout the age groups.
Page 2
PANNAL SPORTS JFC
for the year ended 31 May 2021
## REPORT OF THE TRUSTEES
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## Governing Document
The charity is controlled by its Articles of Association dated 4 March 2013, and amended on the 19 March 2013, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
## History
Pannal Sports Junior Football Club was founded in 1966 and has been providing football services to children continuously for 50 years. The club operated within local league guidelines for many years. In 2002 the club formally adopted the Football Association club management procedures and achieved Chartered Club Status in 2007 and has maintained this status ever since.
Pannal Sports JFC, registered with the Charity Commission in 2013, is the successor charity to the former Pannal Sports JFC Limited, first registered in 2004 and formally dissolved in 2013 on legal advice to improve the governance of the club.
The day to day management of the club is executed by a committee made up of the formal roles of Chairman, Secretary and Treasurer and representatives of players' parents and coaches who perform key roles including child protection and fund raising. All of the trustees are active members of the committee.
## Risk management
The trustees have a duty to identify and review the financial risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. In the opinion of the trustees, the existing financial controls are adequate for the scope and extent of the transactions involved. These controls include multiple cheque signatories, formal controls on all expenditure, limiting acceptance of cash payments and monthly reviews of the accounts.
The trustees identified the need to include additional appropriate financial controls to support the investment in the new ground. Part of these additional measures has been to employ the services of Baty Casson Long, who have more experience with charities, to prepare and examine the accounts as well as provide additional financial management advisory services.
Child protection, safety and welfare is a key risk management activity. The club has a qualified Child Protection Officer who ensures that all club officials who come into contact with the children have been checked and cleared by the Disclosure and Barring Service performed by the Football Association. In a addition to this all coaches undertake training provided by the Football Association and have, as a minimum, passed Level 1. Child Welfare training and basic first aid are included in Level 1 training.
During the year the club continued to be subject to the need to provide additional protection as a result of the Covid-19 pandemic. The additional facilities resulting from the earlier appointment of a dedicated Covid-19 officer have enabled the club to safeguard both volunteers and participating children to the satisfaction of the trustees.
Approved by order of the board of trustees on 14 December 2021 and signed on its behalf by:
N J Viles - Trustee
Page 3
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF PANNAL SPORTS JFC
## **Independent examiner's report to the trustees of Pannal Sports JFC ('the Company')**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 May 2021.
## **Responsibilities and basis of report**
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
John Baty FCA ICAEW Baty Casson Long Windsor House Cornwall Road Harrogate North Yorkshire HG1 2PW
14 December 2021
Page 4
## PANNAL SPORTS JFC
## STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) for the year ended 31 May 2021
|Unrestricted
fund
Notes
£
**INCOME AND ENDOWMENTS FROM**
Voluntary income
3
74,005
Investment income
4
6
**Total**
74,011
**EXPENDITURE ON**
Fundraising and charitable activities
5
27,495
**NET INCOME**
46,516
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
481,215
**TOTAL FUNDS CARRIED FORWARD**
527,731|Restricted
fund
£
9,429
-
9,429
-
9,429
403,232
412,661|31.5.21
Total
funds
£
83,434
6
83,440
27,495
55,945
884,447
940,392|31.5.20
Total
funds
£
214,129
152|
|---|---|---|---|
||||214,281
25,233|
||||189,048
695,399|
||||884,447|
The notes form part of these financial statements
Page 5
## PANNAL SPORTS JFC
## BALANCE SHEET
## 31 May 2021
|Notes
**FIXED ASSETS**
Tangible assets
9
**CURRENT ASSETS**
Cash at bank
**CREDITORS**
Amounts falling due within one year
10
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**NET ASSETS**
**FUNDS**
11
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|Unrestricted
fund
£
463,734
65,197
(1,200)
63,997
527,731
527,731|Restricted
fund
£
412,661
-
-
-
412,661
412,661|31.5.21
Total
funds
£
876,395
65,197
(1,200)
63,997
940,392
940,392
527,731
412,661
940,392|31.5.20
Total
funds
£
830,339
55,308
(1,200)
54,108
884,447
884,447
481,215
403,232
884,447|
|---|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2021.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2021 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
Page 6
continued...
PANNAL SPORTS JFC
## BALANCE SHEET - continued
## 31 May 2021
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 14 December 2021 and were signed on its behalf by:
N J Viles - Trustee
M D Cormack - Trustee
The notes form part of these financial statements
Page 7
PANNAL SPORTS JFC
## NOTES TO THE FINANCIAL STATEMENTS
## for the year ended 31 May 2021
## **1. STATUTORY INFORMATION**
Pannal Sports JFC is a private company, limited by guarantee exempt under section 60, registered in England & Wales. The company's registered number and registered office address can be found on the Company Information page.
## **2. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Pannal Sports JFC meets the definition of public benefit entity under FRS 102.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Tangible fixed assets**
Depreciation has not been provided on the playing ground or purchased equipment as it represents a work-in-progress at the year-end. The club holds a lease from Harrogate Borough Council, for a term of 30 years, at a rent of £710 per annum.
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
## **3. VOLUNTARY INCOME**
|Donations
Gift aid
Funds generating activities
Grants
Kit sponsorship|31.5.21
£
56,237
-
12,773
9,429
4,995
83,434|31.5.20
£
57,506
15,525
7,271
132,155
1,672|
|---|---|---|
|||214,129|
Page 8
continued...
PANNAL SPORTS JFC
## NOTES TO THE FINANCIAL STATEMENTS - continued
## for the year ended 31 May 2021
## **3. VOLUNTARY INCOME - continued**
Grants received, included in the above, are as follows:
|Other grants
**4.**
**INVESTMENT INCOME**
Deposit account interest
**5.**
**FUNDRAISING AND CHARITABLE ACTIVITIES**
**Fundraising and charitable activities**
Charitable activities
Governance costs
Fund generating activities|31.5.21
£
9,429
31.5.21
£
6
31.5.21
£
24,475
1,213
1,807
27,495|31.5.20
£
132,155|31.5.20
£
132,155|
|---|---|---|---|
|||31.5.20
£
152
31.5.20
£
23,868
1,213
152
25,233||
||||25,233|
## **6. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 May 2021 nor for the year ended 31 May 2020.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 May 2021 nor for the year ended 31 May 2020.
## **7. EMPLOYEES AND DIRECTORS**
There were no remunerated employees or directors during either this or the preceding accounting period.
## **8. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
|Unrestricted
fund
£
**INCOME AND ENDOWMENTS FROM**
Voluntary income
214,129
Investment income
152
**Total**
214,281
**EXPENDITURE ON**
Fundraising and charitable activities
25,233
**NET INCOME**
189,048|Restricted
fund
£
-
-
-
-
-|Total
funds
£
214,129
152|
|---|---|---|
|||214,281
25,233|
|||189,048|
Page 9
continued...
PANNAL SPORTS JFC
## NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 May 2021
## **8. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**
|Unrestricted
fund
£
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
292,167
**TOTAL FUNDS CARRIED FORWARD**
481,215
**9.**
**TANGIBLE FIXED ASSETS**
Improvements
to
property
£
**COST**
At 1 June 2020
822,019
Additions
46,056
At 31 May 2021
868,075
**NET BOOK VALUE**
At 31 May 2021
868,075
At 31 May 2020
822,019|Restricted
fund
£
403,232
403,232
Plant and
machinery
£
8,320
-
8,320
8,320
8,320|Total
funds
£
695,399
884,447
Totals
£
830,339
46,056
876,395
876,395
830,339|Total
funds
£
695,399|
|---|---|---|---|
||||884,447|
During the year the charity has received grant funding from The Football Foundation £6,350 and the North Yorkshire Police and Crime Commissioner of £3,078. The Football Foundation holds a legal charge, secured over the assets of the charity to secure the whole of the funds advanced by them by grant, for a period of 21 years.
The company's property is held on a 30 year lease from Harrogate Borough Council dated 22nd June 2018.
## **10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
|Accruals and deferred income
**11.**
**MOVEMENT IN FUNDS**
**Unrestricted funds**
General fund
**Restricted funds**
General fund
**TOTAL FUNDS**|At 1.6.20
£
481,215
403,232
884,447|31.5.21
£
1,200
Net
movement
in funds
£
46,516
9,429
55,945|31.5.20
£
1,200
At
31.5.21
£
527,731
412,661|
|---|---|---|---|
||||940,392|
Page 10
continued...
PANNAL SPORTS JFC
## NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 May 2021
## **11. MOVEMENT IN FUNDS - continued**
Net movement in funds, included in the above are as follows:
||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|74,011|(27,495)|46,516|
|**Restricted funds**||||
|General fund|9,429|-|9,429|
|**TOTAL FUNDS**|83,440|(27,495)|55,945|
|**Comparatives for movement in funds**||||
|||Net||
|||movement|At|
||At 1.6.19|in funds|31.5.20|
||£|£|£|
|**Unrestricted funds**||||
|General fund|292,167|189,048|481,215|
|**Restricted funds**||||
|General fund|403,232|-|403,232|
|**TOTAL FUNDS**|695,399|189,048|884,447|
|Comparative net movement in funds, included in the above are as follows:||||
||Incoming|Resources|Movement|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|214,281|(25,233)|189,048|
|**TOTAL FUNDS**|214,281|(25,233)|189,048|
|A current year 12 months and prior year 12 months combined position is as follows:||||
|||Net||
|||movement|At|
||At 1.6.19|in funds|31.5.21|
||£|£|£|
|**Unrestricted funds**||||
|General fund|292,167|235,564|527,731|
|**Restricted funds**||||
|General fund|403,232|9,429|412,661|
|**TOTAL FUNDS**|695,399|244,993|940,392|
Page 11
continued...
PANNAL SPORTS JFC
## NOTES TO THE FINANCIAL STATEMENTS - continued
## for the year ended 31 May 2021
## **11. MOVEMENT IN FUNDS - continued**
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|288,292|(52,728)|235,564|
|**Restricted funds**||||
|General fund|9,429|-|9,429|
|**TOTAL FUNDS**|297,721|(52,728)|244,993|
## **12. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 May 2021.
## **13. INDEPENDENT EXAMINER**
The remuneration of the Independent Examiner comprises: examination fee £300 and preparation of accounts £900 (2020 £300 and £900).
Page 12
## PANNAL SPORTS JFC
## DETAILED STATEMENT OF FINANCIAL ACTIVITIES
|**INCOME AND ENDOWMENTS**
**Voluntary income**
Donations
Gift aid
Funds generating activities
Grants
Kit sponsorship
**Investment income**
Deposit account interest
**Total incoming resources**
**EXPENDITURE**
**Fundraising and charitable activities**
Charitable activities
Governance costs
Fund generating activities
Total resources expended
**Net income**|for the year ended 31 May 2021
31.5.21
31.5.20
£
£
56,237
57,506
-
15,525
12,773
7,271
9,429
132,155
4,995
1,672
83,434
214,129
6
152
83,440
214,281
24,475
23,868
1,213
1,213
1,807
152
27,495
25,233
27,495
25,233
55,945
189,048|for the year ended 31 May 2021
31.5.21
31.5.20
£
£
56,237
57,506
-
15,525
12,773
7,271
9,429
132,155
4,995
1,672
83,434
214,129
6
152
83,440
214,281
24,475
23,868
1,213
1,213
1,807
152
27,495
25,233
27,495
25,233
55,945
189,048|
|---|---|---|
|||214,129
152|
|||214,281
23,868
1,213
152|
|||25,233|
|||25,233|
|||189,048|
This page does not form part of the statutory financial statements
Page 13