**REGISTERED COMPANY NUMBER: 07710865 (England and Wales) REGISTERED CHARITY NUMBER: 1153749**
**Report of the Trustees and**
**Unaudited Financial Statements for the Year Ended 31 August 2023**
**for**
**Kader Football Club Limited**
**Kader Football Club Limited**
## **Contents of the Financial Statements for the Year Ended 31 August 2023**
||**Page**|
|---|---|
|**Report of the Trustees**|1 to 3|
|**Independent Examiner's Report**|4|
|**Statement of Financial Activities**|5|
|**Balance Sheet**|6 to 7|
|**Notes to the Financial Statements**|8 to 14|
|**Detailed Statement of Financial Activities**|15 to 16|
**Kader Football Club Limited**
## **Report of the Trustees**
## **for the Year Ended 31 August 2023**
accounts and comply with the charity's governing document, the Charities Act 2011 and 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 issued in October 2019.
## **OBJECTIVES AND ACTIVITIES**
## **Objectives, activities and achievements**
Kader Football Club’s objectives are to provide as many players on Teesside with an opportunity to develop their football skills in a positive learning environment, aiming to bring players together of a similar ability, whether it is in division one or division eight. We also have senior teams in place and are starting to build for the future by having teams at every stage from U7s to men and ladies’ teams.
We have received more grant funding from the Football Foundation this year, which again, has provided us with a much-needed boost through their Grass Pitch Maintenance Fund. We have also received other grants to help us with maintenance costs which have also been a massive help. Looking after our pitches is a major financial outlay for us and the money we receive is put to good use, to make the pitches some of the best in the area.
Our Saturday morning sessions continue to do well and we have created more teams at U7s. We also have a Thursday early evening session which is also proving popular.
The social media channels continue to grow on Facebook, Twitter and Instagram. These are all great ways to help us promote the club and events.
better.
of having volunteers.
We entered into our last year with having Avec providing all our kit and training gear.
Finally, we had 35 teams operating this year and we continue to try and increase the number of teams within the club moving forward.
## **FINANCIAL REVIEW**
## **Financial review**
The charity made a surplus of £48,351 for the year compared to a surplus of £11,986 in the previous period. Income increased by just over £84,000 due to the increased use of the pitch and facilities along with an increase in grant income received from the Football Foundation of just under £57,000. Costs also rose by over £47,000, largely due to the increased pitch maintenance costs.
Unrestricted funds at the year-end are £505,469 (2022: £479,310) which includes a designated fund of £60,000 (2022: £50,000). Restricted funds at the year-end are £22,192 (2022: £NIL).
## **Reserves policy**
assets (free reserves) held by the charity should be approximately three months running costs plus redundancy requirements. At the present time the free reserves of £200,119 exceed this requirement but as running costs are expected to increase in the future the Trustees need to build up reserves to cover the increased costs.
Page 1
**Kader Football Club Limited**
## **Report of the Trustees**
## **for the Year Ended 31 August 2023**
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is constituted as a Company limited by guarantee, without a share capital, and is therefore governed by a Memorandum and Articles of Association. It was incorporated on 19 July 2011 and became a registered charity on 10 September 2013. The assets from the previous community organisation, Kader Football Club were transferred to the company when it became a charity on 10 September 2013.
The Secretary is in charge of the day to day running of the charity.
meet monthly to make decisions on the day to day matters and any important decisions that need to be ratified.
## **Appointment of trustees**
As set out in the Articles of Association, membership of the Company is unlimited with the Board of Trustees being recruited from the membership.
All members are circulated with an invitation to nominate trustees prior to the AGM, advising them of the retiring trustee(s) and requesting nominations for the AGM. When considering co-optees, knowledge and expertise which will benefit the charity is taken into consideration.
## **Induction and training of new trustees**
New trustees are inducted by the Company Secretary who briefs them on their legal obligations with regard to company and charity law. They are also given an introduction to the building, the staff and other trustees and are instructed in the Health & Safety and security requirements of the charity.
External training events which will facilitate the undertaking of their role are provided as and when appropriate.
## **Trustee Statement**
In setting our objectives and planning our activities the trustees have given careful consideration to the Charity Commission guidance on public benefit.
This report has been prepared in accordance with the special provisions of part 15 of the Companies Act 2006 relating to small companies.
Page 2
**Kader Football Club Limited**
## **Report of the Trustees**
**for the Year Ended 31 August 2023**
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number**
07710865 (England and Wales)
## **Registered Charity number**
1153749
##
21 Heythrop Drive Acklam Middlesbrough TS5 8QA
## **Trustees**
A Formby-Jackson C Hudson Mrs L M Harris (resigned 12.9.23) A I Harris (resigned 2.10.23) M J McGovern Mrs P Hudson G L Middleton (appointed 2.10.23) J Gibbons (appointed 8.11.23) Dr J Nevison (appointed 16.11.23)
## **Company Secretary**
C Hudson
## **Independent Examiner**
Chartered Accountants 3 Kingfisher Court Bowesfield Park Stockton on Tees TS18 3EX
## **Bankers**
Barclays Bank 28-32 Albert Road Middlesbrough TS1 1QD
29/05/2024
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
........................................................................ A Formby-Jackson - Trustee
Page 3
**Independent Examiner's Report to the Trustees of Kader Football Club Limited**
## **Independent examiner's report to the trustees of Kader Football Club Limited ('the Company')**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 August 2023.
## **Responsibilities and basis of report**
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
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**
that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.
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.
Mrs Jane Bennett FCA
Chartered Accountants 3 Kingfisher Court Bowesfield Park Stockton on Tees TS18 3EX
Date: .............................................
Page 4
**Kader Football Club Limited**
## **Statement of Financial Activities for the Year Ended 31 August 2023**
## **(including Income & Expenditure Account)**
|Unrestricted
funds
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
**-**
**Charitable activities**
Income from charitable activities
4
**154,033**
Other trading activities
3
**50,239**
Interest received
**1,443**
**Total**
**205,715**
**EXPENDITURE ON**
Raising funds – café costs
**21,733**
**Charitable activities**
Charitable activities 5
**157,823**
**Total**
**179,556**
**NET INCOME/NET MOVEMENT IN FUNDS**
**26,159**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**479,310**
**TOTAL FUNDS CARRIED FORWARD**14
**505,469**|Unrestricted
funds
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
**-**
**Charitable activities**
Income from charitable activities
4
**154,033**
Other trading activities
3
**50,239**
Interest received
**1,443**
**Total**
**205,715**
**EXPENDITURE ON**
Raising funds – café costs
**21,733**
**Charitable activities**
Charitable activities 5
**157,823**
**Total**
**179,556**
**NET INCOME/NET MOVEMENT IN FUNDS**
**26,159**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**479,310**
**TOTAL FUNDS CARRIED FORWARD**14
**505,469**|Restricted
funds
£
**61,552**
**-**
**-**
**-**
**61,552**
**-**
**39,360**
**39,360**
**22,192**
**-**|**2023**
**Total**
**funds**
**£**
**61,552**
**154,033**
**50,239**
**1,443**
**267,267**
**21,733**
**197,183**
**218,916**
**48,351**
**479,310**|2022
Total
funds
£
4,680
137,618
40,927
40
183,265
16,040
155,239
171,279
11,986
467,324
479,310|
|---|---|---|---|---|
||**505,469**|**22,192**|**527,661**||
Page 5
**Kader Football Club Limited**
## **Balance Sheet**
## **31 August 2023**
|Unrestricted
funds
Notes
£
**FIXED ASSETS**
Tangible assets
11
**245,350**
**CURRENT ASSETS**
Debtors
12
**11,599**
Cash at bank and in hand
**251,598**
**263,197**
**CREDITORS**
Amounts falling due within one year
13
**(3,078)**
**NET CURRENT ASSETS**
**260,119**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**505,469**
**NET ASSETS**
**505,469**
**FUNDS**
15
Unrestricted funds:
General fund
Designated fund
Restricted funds
**TOTAL FUNDS**|Restricted
funds
£
**-**
**22,192**
**-**
**22,192**
**-**
**22,192**
**22,192**
**22,192**|**2023**
**Total**
**funds**
**£**
**245,350**
**33,791**
**251,598**
**285,389**
**(3,078)**
**282,311**
**527,661**
**527,661**
**445,469**
**60,000**
**505,469**
**22,192**
**527,661**|2022
Total
funds
£
255,449
692
227,905
228,597
(4,736)
223,861
479,310
479,310
429,310
50,000
479,309
-
479,309|
|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2023.
31 August 2023 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) 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.
Page 6
**Kader Football Club Limited**
## **Balance Sheet - continued**
## **31 August 2023**
subject to the small companies regime.
............................................. and were signed on its behalf by: 29/05/2024
................................................
A Formby-Jackson - Trustee
Page 7
**Kader Football Club Limited**
## **Notes to the Financial Statements for the Year Ended 31 August 2023**
## **1 ACCOUNTING POLICIES**
## **General information and basis of preparation**
Kader Football Club is a private company limited by guarantee in England. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £10 per member of the charity. The address of the registered office is given in the charity information on page 3 of these financial statements. The charity operates a football club on Hall Drive, Acklam, Middlesbrough, TS5 7JY. The nature of the charity's operations are given in the Trustees Report.
prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice Standard 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, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011, the Companies Act 2006 and UK Generally Accepted Practice as it applies from 1 January 2015.
financial statements are presented in sterling which is the functional currency of the charity and rounded to the nearest £1.
These policies have been consistently applied to all years presented unless otherwise stated.
## **Fund accounting**
Unrestricted income funds are general funds which are available for use at the trustees' discretion in furtherance of the objectives of the charity and which have not been designated for other purposes.
Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. The aim and use of the designated fund is set out in the notes to the financial statements.
## **Income recognition**
Items of income are recognised and included in the accounts when all the following criteria are met:
- The charity has entitlement to the funds.
- Any performance conditions attached to the item(s) of income have been met or are fully within the control of the charity.
-
- The amount can be measured reliably.
included in the SOFA as restricted funds and transferred to unrestricted funds as the assets have been purchased.
Income from trading activities includes café income which is received in exchange for supplying goods in order to raise funds. There is no netting off within the accounts.
Page 8
**Kader Football Club Limited**
## **Notes to the Financial Statements - continued**
**for the Year Ended 31 August 2023**
## **1 ACCOUNTING POLICIES - continued**
## **Expenditure**
Expenditure is recognised as soon as there is a legal or constructive obligation committing the charity to the expenditure, it is probable that the settlement will be required and the amount of the obligation can be measured reliably. All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. It includes attributable VAT which cannot be recovered.
Charitable expenditure comprises those costs incurred by the company in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
Support costs are those that assist the work of the charity but do not directly represent charitable activities and include office and governance costs.
Governance costs include those incurred in the governance of the charity which are associated with the constitutional and statutory requirements.
##
Fixed assets are stated at cost less accumulated depreciation. Assets are capitalised if they cost more than £500 and are expected to last more than one year.
value, over their expected useful economic life as follows:
Short leasehold - 10% on cost Plant and machinery - 20% on cost Fixtures and fittings - 33% on cost and 10% on cost Motor vehicles - 25% on cost
## **Cash at bank**
Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
## **Financial instruments**
Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.
## **Taxation**
The charity is an exempt charity within the meaning of schedule 3 of the Charities Act 2011 and is considered to pass tests set out in Paragraph 1 Schedule 6 Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes.
## **Going concern**
uncertainties exist. The trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure are sufficient with the level of reserves for the charity to be able to continue as a going concern.
Page 9
**Kader Football Club Limited**
## **Notes to the Financial Statements - continued**
## **for the Year Ended 31 August 2023**
|**2**
**DONATIONS AND LEGACIES**
Football Foundation
In 2022 all donations related to restricted funds.
**3**
**OTHER TRADING ACTIVITIES**
Café income
In 2022 all of the other trading activities income related to unrestricted funds.
**4**
**INCOME FROM CHARITABLE ACTIVITIES**
Subscriptions
Pitch fees
Sponsorship
Fundraising
In 2022 all of the charitable activities income related to unrestricted funds.
**5**
**CHARITABLE ACTIVITIES COSTS**
Direct Costs
(see note 6)
Support
Costs
(see note 7)
£
£
Charitable activities
141,405
55,778
**DIRECT COSTS OF CHARITABLE ACTIVITIES**
Repairs and renewals
Pitch maintenance
Trophies
Kit and equipment
Coaching courses and fees
Football Association fees/fne
Referee fees
Depreciation|**2023**
**£**
**61,552**
**2023**
**£**
**50,239**
**2023**
**£**
**110,391**
**24,370**
**8,736**
**10,536**
**154,033**
**2023**
**Totals**
**£**
**197,183**
**2023**
**£**
**10,525**
**52,874**
**6,172**
**11,201**
**2,394**
**5,275**
**7,565**
**45,399**
**141,405**||
|---|---|---|
In 2022 £101,249 related to unrestricted funds and £4,680 related to restricted funds.
Page 10
**Kader Football Club Limited**
## **Notes to the Financial Statements - continued**
## **for the Year Ended 31 August 2023**
## **7 SUPPORT COSTS**
|**SUPPORT COSTS**||
|---|---|
|Support
costs
allocated
to
Governance
activities
costs
£
£
Charitable activities
**53,087**
**2,691**
Support costs, included in the above, are as follows:
**Management**
**2023**
**£**
Trustees' salaries
**26,821**
Trustees' expenses
**226**
Rates and water
**1,969**
Insurance
**1,072**
Light and heat
**4,111**
Sundries
**2,534**
Computer costs
**1,693**
Vehicle expenses
**3,647**
Subscriptions
**947**
Depreciation
**9,595**
Bank charges
**472**
**53,087**
**Governance costs**
**2023**
**£**
Accountancy - independent examination
**2,580**
Accountancy - other
**111**
**2,691**|Totals
£
**55,778**|
||2022
£
**27,032**
**301**
**1,784**
**974**
**3,236**
**1,506**
**1,715**
**3,019**
**231**
**6,936**
**565**
**47,299**
2022
£
**1,663**
**348**
**2,011**|
In 2022 all support costs related to unrestricted funds.
Page 11
**Kader Football Club Limited**
## **Notes to the Financial Statements - continued**
## **for the Year Ended 31 August 2023**
|**8**
**STAFF COSTS**
**2023**
2022
**£**
£
Wages and salaries - gross
**26,821**
27,032
**2023**
2022
The average number of employees based on headcount was
**2**
2
No employees received emoluments in excess of £60,000.
**9**
**TRUSTEES' REMUNERATION AND BENEFITS**
Trustees received money for work done for the charity as follows:
**2023**
2022
**£**
£
Mr C Hudson
**23,796**
23,155
Mr A Formby-Jackson
**3,025**
3,877
Total
**26,821**
27,032
This is permitted in the Articles of Association.|**8**
**STAFF COSTS**
**2023**
2022
**£**
£
Wages and salaries - gross
**26,821**
27,032
**2023**
2022
The average number of employees based on headcount was
**2**
2
No employees received emoluments in excess of £60,000.
**9**
**TRUSTEES' REMUNERATION AND BENEFITS**
Trustees received money for work done for the charity as follows:
**2023**
2022
**£**
£
Mr C Hudson
**23,796**
23,155
Mr A Formby-Jackson
**3,025**
3,877
Total
**26,821**
27,032
This is permitted in the Articles of Association.|2022
£
27,032|
|---|---|---|
|||27,032|
||||
## **Trustees' expenses**
Expenses for telephone costs were paid to Mr C Hudson totalling £226 (2022: £301).
Page 12
**Kader Football Club Limited**
## **Notes to the Financial Statements - continued**
## **for the Year Ended 31 August 2023**
## **11 TANGIBLE FIXED ASSETS**
|Short
Plant and
leasehold
machinery
£
£
**COST**
At 1 September 2022
**360,722**
**92,248**
Additions
**35,700**
**1,194**
**At 31 August 2023**
**396,422**
**93,442**
**DEPRECIATION**
At 1 September 2022
**162,268**
**83,678**
Charge for year
**36,679**
**8,092**
**At 31 August 2023**
**198,947**
**91,770**
**NET BOOK VALUE**
**At 31 August 2023**
**197,475**
**1,672**
At 31 August 2022
198,454
8,570
**12**
**DEBTORS**
Prepayments and accrued income
Other debtors
Social security and other taxes
**13**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade creditors
Accrued expenses|Fixtures
and
fttings
£
**87,267**
**8,002**
**95,269**
**39,478**
**9,595**
**49,073**
**46,196**
47,789||Motor
vehicles
£
**10,200**
**-**
**10,200**
**9,564**
**629**
**10,193**
**7**
636
**2023**
**£**
**29,918**
**334**
**3,539**
**33,791**
**2023**
**£**
**394**
**2,684**
**3,078**|**Totals**
£
**550,437**
**44,896**
**595,333**
**294,988**
**54,995**
**349,983**
**245,350**
255,449
2022
£
692
-
2,273
2,965
2022
£
4,924
2,085
7,009|
|---|---|---|---|---|
||||||
||||||
||||||
||||||
||||||
||||||
Page 13
**Kader Football Club Limited**
## **Notes to the Financial Statements - continued**
## **for the Year Ended 31 August 2023**
## **14 ANALYSIS OF CHARITABLE FUNDS**
||Balance|**Incoming**|**Resources**||**Balance**|
|---|---|---|---|---|---|
||01.09.22|**resources**|**Expended**|**Transfers**|**31.08.23**|
||£|**£**|**£**|**£**|**£**|
|**Unrestricted funds**||||||
|Designated funds|50,000|**-**|**-**|**10,000**|**60,000**|
|General unrestricted funds|429,310|**205,715**|**(179,556)**|**(10,000)**|**445,469**|
||479,310|**205,715**|**(179,556)**|**-**|**505,469**|
|**Restricted funds**||||||
|Football Foundation|-|**61,552**|**(39,360)**|**-**|**22,192**|
||479,310|**267,267**|**(218,916)**|**-**|**527,661**|
The money from the Football Foundation was received for grass pitch maintenance and new equipment. The money for pitch maintenance was all spent in the year.
The designated fund is to replace the 3G pitch. The trustees have agreed that £10,000 per annum needs to be set aside, so a transfer to designated funds will be made each year.
## **15 RELATED PARTY DISCLOSURES**
As disclosed in note 9, two trustees were paid £26,821 (2022: £27,032) for work done for the charity during the year.
Page 14
**Kader Football Club Limited**
## **Detailed Statement of Financial Activities**
## **for the Year Ended 31 August 2023**
|**INCOME AND ENDOWMENTS**
**Donations and legacies**
Grants
**Other trading activities**
Café income
**Investment income**
Deposit account interest
Bank interest received
**Charitable activities**
Subscriptions
Pitch fees
Sponsorship
Fundraising
**Total incoming resources**
**EXPENDITURE**
**Other trading activities**
Café purchases
**Charitable activities**
Repairs and renewals
Pitch maintenance
Trophies
Kit and equipment
Coaching courses and fees
Football Association fees/fne
Referee fees
Short leasehold depreciation
Plant and machinery depreciation
Vehicle depreciation|2023
£
**61,552**
**50,239**
**1,418**
**25**
**1,443**
**110,391**
**24,370**
**8,736**
**10,536**
**154,033**
**267,267**
**21,733**
**10,525**
**52,874**
**6,172**
**11,201**
**2,394**
**5,275**
**7,565**
**36,679**
**8,091**
**629**
**141,405**|2022
£
4,680
40,927
-
40
40
91,951
37,735
7,258
674
137,618
183,265
16,040
3,832
7,775
4,615
17,911
700
7,645
6,450
36,002
18,450
2,550
105,929|
|---|---|---|
Page 15
**Kader Football Club Limited**
## **Detailed Statement of Financial Activities**
## **for the Year Ended 31 August 2023**
|**Support costs - Management**
Trustees' salaries
Trustees' expenses
Rates and water
Insurance
Light and heat
Sundries
Computer costs
Vehicle expenses
Subscriptions
Fixtures and fttings depreciation
**Finance**
Bank charges
**Governance costs**
Accountancy - independent examination
Accountancy - other
Total resources expended
**Net income**|2023
£
**26,821**
**226**
**1,969**
**1,072**
**4,111**
**2,524**
**1,693**
**3,647**
**947**
**9,595**
**52,615**
**472**
**2,580**
**111**
**2,691**
**218,916**
**48,351**|2022
£
27,032
301
1,784
974
3,236
1,506
1,715
3,019
231
6,936
46,734
565
1,663
348
2,011
171,279
11,986|
|---|---|---|
Page 16