Charity number.. 1155508 Company number: 08690255 (England and Wales) Bilston Town Community Football Club Limited Report of the Tfustees and Unaudited Financial Statements For the year ended 3.1 May 2024 A14 13102r2025 COMPANIES HOUSE
Bilston Town Community Football Club Limited Contents Page For the year ended 31 May 2024 Report of the Truslees 1to3 Independent Examinerfs Report lo the Tnjs Statement of Financol Acliviti'es Statement of Finanual Positson Notes to the Financial St*ments 71011 Detailed Statemenl of Financial Activit 12to13
Bilston Town Communty Football Club Limited Report of the Trustees For the year ended 31 May 2024 The Trustees, who a also d1clOr5 for the purposes of company law, have pleasure in presenting their report and Ihe financial statements for the charitable company for the year ended 31 May 2024. The Tfuslees have adopted the provisions of Accounting and Reporting by Charities: Statement of Remmended Pra¢ti¢e applicable to charit$ preparirrfj their accounts in accordan with the Financial Reporting Standarcl applbcabk in the UK and the Repub5ic of Ireland IFRS 1021 {effeclive 1 January 2019>. Chairfs report We Continue in our endevouTS to progress in all areas on and off the pitch. OBJECTIVES AND ACTIVITIES The Memorandum of Association states that the Charily's objectives a lo benefft the public. and in particular the inhabitants and cornmunity of 8ilstonlWolverhampton and the surrounding areas by.. Promoting community participation in heamhy recreation by providing facilities for the playing of Assoaation Foolbal and other versions of such which is deemed Capab of inproving health. Providing or assisting in the provigon of facilities for sport and fecreation, plus other leisu lime activities for such persons who have a need for such farylits.es re9ardless of thr age. ethnioty. sooal deprivation or economic circumstsnces. with the aim of offering healty re¢atIOn and improving the condibon of life. iii) Advanong 8 team ethic for children and young persons through the means of sport and in any other such way that the Truslees feel will benefit the community within the accordancÈ of the Charity guhdelines. The Charity's principal activity is the promotion of sports engagennl and educalion by using football as a vehi¢le for Change. This is acheived through a number of football based programs delive Ihroughout the perEOd. as Trustee Directors, consider Ihal these a[vi.eS and programs satisfy the requirernenls of the Chartly Commission's guidance on public benefrt. Objectives and aims The iruslees have considered the Charity Commislon's gUA4an on pubfic L*nefit. including the guidance 'public benefrt.. running a charity IP821'. ACHIEVEMENTS AND PERFORMANCE This year Saw many challenges and cthtacles being raised to our efforts in progressing our object¢ves. The Football Foundation and Wolverhampton Counal t viith the Coal Authority and concluded that they could not support our requests for assistan with an artificial pitch or car Pa due to the cosl of capping mine shafts. This leaves us with very little opportunity to improve the stadium as the sts of ffinding arKJ capping the shafts are prohItive. How8ver, will plough on and focus Dn what we can achi6v•. The Charity Commission and the Financial Conducl Authority were in tall(s about the best way to progress with the Fan Ownership model, with the Football SupForters Association being of great assistance. We shouK4 be in a position to launch this model towards the end of 2024. On the pitch we had another good year wilh our new management team finding their feet and taking great strides forward, with the addition of new teams into ourjunior section. We hope to see this gmw further. Slgnlfi¢ant a¢livltie8 Whilst the Charity plan to maintain the partherships and initiatives already established. it will also look to expand on the numbers that participate in various events. Achlevements agaln8t objectiV95 Our main objective was keeping the Club going due to lower income and higher malchday expenditure levels. FINANCIAL REVIEW For the second year a net defi¢it was recorded due to lower than expe&ed income ffigures. We believe some of this is due to the cost of living crisis and expecl il to conlinue for Ihe foreseaable fvture. Howgver. Gonlinue to explore ngw revenue staM$ and we are confident ihat this current trend of deficitis can be reversed. A net defiut of £8.945was recorded cornpad lo £9.49912023). R•8•rve$ The cJJrrent levels of reserves are currentty sufficpnt to meet next season's expenditure a5 conlinuallly seek tcj raise more funds during the 2024125 season. 1of13
Bilston Town Communty Football Club Limited Report of the Trustees Continued For Ihe year ended 31 May 2024 STRUCTURE. GOVERNANCE AND PAANAGEMENT Governing document The Memorandum of A$8ttialton States that the Chanty's objeth'ves a to benefft the public. and in partI18r the tnhabilants and community of 8ilstorWlolverhampton and the surrourKling a8$ by: Promoting communty partiapation in heathy recreation by providing faciliks for the playing of Association Fooibal and othcr vcr3ions of such which is doemed Cpab of improving heatth. Providing or assiing in the provision of facilities for sport arkd ¢atr.0n, plus other lsUre time activities for such persons who have a need for such facilits regardless of their age. ethnialy. social deprivation or economic c1rcumstsn$, with the aim of offering healty recreation and improving the condibon of life. iii) Advanciftg a team ethic for children and young persons thmugh the mèans of sport and in any other such way that the Truslees feel 11 benefil the ¢ommunrty wthin the accordance ofthe Charity guidelines. The Charity's principal artivity is the promotion of sports engagement and educ4lion by using football as a vehidé for change. This is acheived through a number of football based programs delivered throughout the petiod. We, as Trustee D1ClOrS, ¢onsKler that theso ac1ivrttes and programs satisfy the reqU1ments of the Charity Commission's . guidance on public benef REFERENCE AND ADMINISTRATIVE INFORMATION Nam• of Charlty Charity reglstratlon number Company r•gistrallon number Principal addrnss Bilston Town Community Football Club L*mited 1155508 (18690255 Queen stet 8ilslon Wesl MKllands VW14 7EX R•gistered addrnss 11 Greenhill Gardens Great Barr Birmingham Vlest Mkllands B43 7TB Truslees The trustees and offlcars seThing ¢Jurlng the year and since the year end were as follows". Mr Ken Dolman Mrs Denise Frankham Ms Hayiey Fam>n Scott HamiKon Sirnon Archer Karl Frankham Marf( Partridge Beverley Momenabadi Brendon Tumer Wayne Smith Adam Balfour 2of13
8ilston Town Communty Football Club Limi18d Report of the Trustees Contlnued For the year ended 31 May 2024 Phlllp 8omy Paul Barnsley Jay Mor9an Mi Stuart Flavlll Ind•wnd•nt •xamln•rn Mr D HIMtt VlogdL¥O68 Lan Biffjton Wohrttanwton VK8t Midlandj VN14 98W Approved by the BOfi of Tru¥teos and signed on ils bohaif by 10 February 2025 Mts Denise Fra kh8m
Bilston Town Communrty Football Club Limiled Independent Examiners Report to the Trustees For the year ended 31 May 2024 I report to the trustees on my axaminalion of the accounts of the tharitable ajmpany for the year ended 31 May 2024. Rg•pon8ibi1s11•8 and b•8is of r•port As the charity Trustees, who a also dire¢lors for the purposes of company law. are responsib for the pParatIon of the accounts in accordance with Ihe requirements of the Companies Act 20061.the 2006 Arfl. Having satisfied myself that the accounts of the Company a not required to be audited undef Part 16of the 2006Act and are eligible for independènt examination. I report in spect of my eXaMinatn of your charitvs accounts carried out under section 145of the Charities Act 2011 I'the 2011 Acfl. In carying out my examination I have followed Ihe Direclions gNen by the Charity Commission under sect7 14515llb) of the 2011 Ad. Ind•pend•nt oxamin•rs $tstsm•nt I have completed my examination. I confirm that no mattern have ctyne to my attents'on in nneIOn with the examination giving me cause to believe that in any material respect.. 1. accounting records were not kepl in re5ped of the Cc¥npany as required by section 386 of the 2006 ACL or 2. the accounts do not accord with those records.. or 3. the accounts do not comply with the requirements of section 396 of the 2(Th Act other than any requirement that the accounts give a 'true and fair v¢ which is not a matter considered as part of an indendent examination; or 4. th8 accounts have not been prepared in accordance 1 the Moth15 and principles of the Stalemonl ol Re¢ommendèd Pradice for accounting and portIng by charittes applTrcable to tharitses preparing their accounts in accordance wrth the Financial Reporting Standard appli(xbL8 in the UK and Republic of Ilafid IFRS 102). I have no concems and have come across no other matters in nneIOn ¥Mth the examination to which attention should bè drawn in this pOrt in order to enable a proper understsnding of the accounts to be reached. Mr D Hinett 100 WocJcross Lane Bi15ton Wolverhampton West Midlands W+114 98W 10 February 2025 4of13
Bilston Town Community Football Club Limited statement of Financial Activities (includTng Income and Expenditure Account) For the year ended 31 May 2024 Unrestricted nd8 2024 2022 lund8 In¢ome and endowments from: Donations and legaGies Charitsble aclivitses Other trading activites Investments 6.048 42,993 15.027 467 7.700 13,748 42,993 15.027 21,0 28,565 8.618 207 Total 7,700 72,236 58,486 Expendlture o Raising funds Charitable activths Other expendrture Total {685) (54.683) (25,812) (81,180) {685) (54,6831 (25,812} 181,180) 11.175) (46.561) 120.249) (67,986 718 Net Incomelexpendlture Reconclliatlon of funds Total funds brought forward 116,6461 7.700 18.915) 19.499 38,666 48,165 Total fund8 carrled forward 21021 7.71JO 29.721 38,666 5of13
Reglstered Nuner.' 818ton Town Communty F¢)otball Club Limited Statement of Flnancial Poslion As. at 31 May 2024 Flx•d arye•ts Tanble 45Sots 6,813 8,01) Ca8h 81 bank and in h8n& 32,873 Cv•dltOrn: 8mounl• f•lllng du• ¥rtthln ¢M• y••r 12 (820) 32.•XJ Totsl a•••ts IM8 ¢uff•nt I11t¥ N•t ••••ts 38,6 Th• fvnd• ¢1 th• charfty Ro8trkl•d iftr)m• fiJnd8 Unrn81rtthd ineome fvnds 13 13 22,021 Totsl For th• ygor ended 31 May 20241ho a)ny•y ¥A8 to •x•iiWn from oudlt under 47701 tho Compon1 A .2008 rnlatlng kn $maH ¢ornp•lo8. The member8 h•ve. nol wvSrnd tho wnpany 10 obtsjn an audbl ol Its •c4Wllt8 for ts >w kn qu88tlon In oeo)rdèn W7th sectk)n 476, The trusbea athno¥sWg• thelr rnwn•ft>llHl•• lor cM¥Wg ilh lh• rnquirnmonls of th• Act wtth rnsped to arMun#ng recryd8 oftd ts prBparatlfm of ac¢asnts.. Tl• bpen prepared In ac08n¢• with lh• wo¥lsknng ppIlble ts Gompanl•s 9uIKtto th• ¢omp•nl08' rnglmo. The fln8ndal *atsm8rt war• approv•d and auth for1J8 by Bo•rtl ¢)n its bgholfby: Jay Mory•ri Tfusteo 10 February 2ff25 8of1.3
Bilston Town Community Football Club Limited Notes to the Financial Statements For the year ended 31 May 2024 1. Accountlng Pollcle8 Basis ol accounting The financial stslements have been prepared under the historical co conventxjn, excpl for investments which are included at market value and the revaluatb)n of rtain fixed assets and in acrdance with the Charities SORP {FRS 102) 'Accounting and Reporting by CharÈties'. Statement of Rectsmmended Practice applicable to charitN?s preparing their arKounts in accordano with the Financial Reporting Standard applble in the UK and Republic of Ireland {FRS 102} {effe¢tive 1 January 2019)., Financial Reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021, and Ihe Companies Act 2Cth. 8ilston Town Community Football Club Limited meets the definition of a public benefft entity under FRS 102. Assets and liabilities are initially recognised al historical cost ortransaction value unless othemise stated in the relevant accounting policy notel$l. Golng concern The a no material unrtaIne$ about the chanty's abilrty to continue trading. 2. In¢oftM from donatlons •ftd leg•¢ie8 Unr•8trictsd fvnds R•itricted fvnds 2024 2023 Donations reIVed Grants ceiVed Gifts in kind 3.431 1.950 7,700 11.131 1.950 667 15.608 3.240 2,248 7.71)0 13,748 21,096 3. In¢om• from charitabl• •ctivltl•s 2024 2023 Unrestrictsd fvnd8 Activrty I Marchday Inc4)me Activiey 3 Sponsorship Advertising 25.643 21.855 12.875 4,271 500 12,87S 4,771 Activity 4 Other Actiwty S BTCFC Floodlit Cup entry fees 2.015 1.150 2,460 789 42.993 28,S65 7of13
Bilston Town Communty Football Club Limrted Notes to the Financial stateffntS Continued For the year ended 31 May 2024 4. Ineomg •am•d from oth•r actlvSlle8 2024 2023 Unrestricted funds Merchandise & Repli sales Other aclivrties for generating fvnds 2 Olher activities for generating funds 3 7( 702 729 13.592 7.916 15.027 8.618 S. InvtM•Trt in¢ome 2024 2023 Unrestricted fvnds Bank interest re1¥able 207 207 6. ExpendIrn on olher trading activities 2024 2023 Unrestricted funds Shop Costs Other adivibes for generating funds 1 Other activitses for generating funds 3 285 580 415 180 685 1,175 7. Costs of ch¥rflabl• •cli¥iti•8 by lund typ• 2024 2023 Unrestriet•d funds A¢Xivity 1 Acaivily 8 Adivity 9 Support costs 53.274 223 45,198 200 711 713 475 450 54,683 46,661 8of13
Bilston Town Community Football Club Limited Notes to the Financial Statements Continued For the year ended 31 May 2024 8. Costs of charftsble activbll•8 by activity typo Activities undertaken dir•cty Support ¢osts 2024 2023 Support costs Aclivily 1 Activity 8 Adivily 9 53.274 223 475 53,749 223 45,848 200 711 711 713 54,208 475 54.683 46,$61 9. Analy818 of Bupport costs 2024 2023 Activity 1 Support cost 6 475 450 10. Comporativ• for th• Statsm•nt of Finanelal Aetjvltlès The comparative year values on the Statement of Finanoal Activites are for unres1ried funds. 11. Tangibl• fix•d ass•ts Flxknres and Fittings Computer equipmgnt Co8t or valuallon Total At 01 June 2023 10.482 10.482 1.374 1,374 11.856 11,856 Al 31 May 2024 Depro¢iation At 01 June 2023 4,055 1,188 5.243 Charge for year Al 31 May 2024 Net book values 525 186 711 4,S80 1,374 5,954 At 31 May 2024 S.902 5,902 At 31 May 2023 6.427 6,613 9of13
Bilston Town Communty Football Club Limited Notes to the Financial Statements Continued For the year ended 31 May 2024 12. Creditors: amounts falllng du• wlthln one y•af 2024 2023 Accruals and deferd income 895 820 895 820 13. Movement In funds unrestrict Fundo Balan¢• at 0110612023 In¢oming vesources Outgoing re$ource8 8al•n¢e at 3110512024 General General 64.535 (81.180) 22.021 38.666 64.535 181,1801 22,021 Unf•strict•d Fund• - Prevloul year Balance at 0110612022 Incomlng rosources Out9olng rosourc•s Balance at 3110512023 Ggneral General 48.165 58.486 167,985> 38,666 48.165 58.486 167,9851 38,666 Purp08& of unr08tricted Funds General The fund has no sepe¢ifi¢ purpose other than the Continued activity of the Chaiiiy. Rostri¢ted Funds Incoming resour¢oS Balance at 3110612024 Charitable Donation 7,700 7,700 7,700 7,700 10of13
Bilston Town Communty Football Club Limited Notes to the Financial Statements Continued For the year ended 31 May 2024 R•strlcted Funds - Pr•vlou8 y•¥r Incoming rn8011rc•8 Balance at 3110512023 14. Anaty818 of n•t a88•t8 b•tw•en fund• Tanglblo fixed •5sots N•t currnnt 14•t Ass•ts •$$ets I LInstrIctert funds General General 5.9)2 16,119 22.021 Restrlcted fund8 Charitsbie t)onation 7.700 7,700 5.902 23,819 29,721 Prevlous year Tanglljle flx•d •M•ts N•t ¢uront •s••ts I Net A8$•t8 Unrngtrfcled fund• Gene1 General 6.613 32.053 38.666 R•stri¢tsd fvnds 6,613 32.053 38,666 15. Company Ilmited by guarnntee Bilston Town Communty Football Club Limited is a rnPany limiled by guarantee and attordingly does not have a share capital. 11of13
Bilston Town Community Football Club Limited Detailed Statement of Financial Activities For the year ended 31 May 2024 2024 2023 INCOME AND ENDOWMENT Donations and lg•¢le8 Donations Grants receivable Gifts in knnd 11,131 1,950 667 15,608 3,240 2,248 13,748 21,096 Charitable •ctivitie• Other Income IAclivity 1) Sponsorship (Activity 3) Advertising (Activity 3) Hiring out of pitch (Adivily 4) BTCFC Floodlit Cup entry fees (AdNity 51 25,643 12,875 21,855 4.271 2,015 2.460 1.150 789 42,993 28,565 Oth•r trading actlvltifjs Merchandise & Replica kit sales Incom8 from Replica Kit Sales Income from Rent from Licensed Premises 702 729 13.592 7.916 15,027 8.618 Investrnents Bank interest receivable 467 207 467 2D7 Totsl Incoming f•8ource8 72,235 $8,486 EXPENDITURE Other trading a¢tivili•s Replica 't Costs Cost of Bj-lston ToTrn FC Book Sales Cost of Rent from Licensed Premises 1285) 1400) 1580) 1415) 1180) 16851 Charitable activities Cost of direcl charitable activity (Activity 1) Charitable Donations Paid (Activity 8) Cost of direct charitable activity {Activily 9) 153,2741 12231 1711) 145.198} {200} {7131 154,2081 146,111) Other Rent and Rates Light and Heat Repairs and Renewals Insuran other Expenses 14,440) 18,635) 17.8151 13.598) {1,324) 12,217) 18,831) 14.912) {3,326) (963) 125,812) 120249) SUPPORT COSTS Support cost 6 Indendent Examiners Fees (Aclivity 1) 1475) {4501 1475) (450) 12of13 Thin pa9e doe¥ not fomi part of the Jlalutory finanual sialements
Bilston Town Community Football Club Limited Detailed Statement of Financial Activities Continued For the year ended 31 May 2024 Total r•soUe3 expended 181,180) (67,985 Net Exponditsrn {8,945) (9.4991 13of13 Thts page does nol fom part oflhe statutory finanaal statemenls