Charity Number: 1155802 MORECAMBE F.C. COMMUNITY SPORTS CHARITABLE INCORPORATED ORGANISATION FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MAY 2024
MORECAMBE F.C. COMMUNITY SPORTS C.I.O ST INDEX FOR THE YEAR ENDED 31 MAY 2024 Index Legal and Administrative Infomation 4-10 Trustees, Annual Report Independent Examiner's Report to the Trustees 12 Statement of Financial Actkvlties 13 Balance Sheet 14-15 Accounting Policies 16-20 Notes to the Financial Statements
MORECAIVIBE F.C. COMMUNITY SPORTS C.I.O LEGAL AND ADMINISTRATIVE INFORMATION FOR THE YEAR ENDED 31sf MAY 2024 Status: Registered with the Charity Commission Number 1155802. Principal Address: Northgate Business. 46 Northgate White Lund Morecambe. LA3 3PA Board of Trustees: Rod Taylor Stephen Wright Carla Brayshaw Derek Quinn David Brayshaw Rob Ellis (stood down I" March 2024) Ben Sadler (stood down 31 May 2024) Independent Examiner: CWR, 20 Mannin Way, Lancaster Business Park, Caton Road, Lancaster, LAI 3SW Bankers: HSBC, 35 Market StreeL Lancaster, LAI IJG Solicitors: Wright and Lord, 63 Victoria Street. Morecambe, LA4 4AF Senior Management: Stuart Glover Chief Executive Officer
MORECAMBE F.C. COMTrIUNITY SPORTS C.I.O LEGAL AND ADMINISTRATIVE INFORMATION (continued) ST FOR THE YEAR ENDED 31 MAY 2024 Staff Delivery Team: Natlian Briggs Jeremy Austin Joe Butcher Cameron Hollywood Connor Wright Sam Rannard Soplii¢ Tack Skye Beswick Anna Quirke Gary Kniveton Michaela Darby - Community Coach Operation Manager - Community Coach - Community Coach - Community Coach - Casual Community Coach - Casula Community Coach Champions Mentor Mental Health Transfonnation OITicer Veterans Project Officer Detached Youth Worker Staff Support Team: Amberly Loynds Administrator
MORECAMBE F.C. COMMUNITY SPORTS C.I.O TRUSTEEI S, ANNUAL REPORT FOR THE YEAR ENDED 31 MAY 2024 The Trustees present their report along witli the financial statements of the charity for the year ended 31" May 2024. The financial statements have been prepared in accordance with the accounting policies set out tlierein and comply with the charity's trust deed, the Charities Act 2011 and the Statement of Recommended Practice "Accounting and Reporting by Charities" issued in March 2015. Constitution and Objects Morecainbe F.C. Community Sports was establislied in 2004 and registered as a charitable incorporated organisation, charity number 1155802, in 2014. Tlie objectives of the cliarlty are to help the local community through the medium of sport. The charity believes tliat the opportunity to participate and to compete in sports provides a positive experience whicli can benefit people, the young and the old alike. The charity works in conjunction with the English Football League Trust. The Premier League Charitable Fund and Morecambe Football Club to acliieve its puryiose. Ourvision To liave a positive impact on our communities by creating a healthier and more Connected Morecambe through the power of sport, health, education, and inclusion Our Mission To work in partnership with Morecatnbe Football Club to deliver excellent and trusted services which inspire people and improve their communities. Our Values INTEGRITY- We are open, honest, etliical. and trustworthy INCLUSON ~ To include and integrate all people into our programmes and ensure that we are suppojting the most vulnerable within our communities PASSION- Continuous improvement, the ability to innovate. engage and inspire others ACCOUNTABILTY- We are answerable to our stakeholders. We do, what we say we will do. PRIDE - To represent the Morecambe Football Club brand with pride, in all that we do. COMMITMENT - To deliver programme5 that meet needs of our communities and partners to the highest possiblc standard
MORECAMBE F.C. CO1[1uNjTy SPORTS C.I.O TRUSTEES, ANuAL REPORT (continued) ST FOR THE YEAR ENDED 31 MAY 2024 Organisational Structure The Board of Trustees meets quarterly to consider the business of the charity. Sub-committee and action groups are forned to undertake work on behalf of tlie board as and when necessary. At least one Trustee will represent the Board on such groups. Tlie day-to-day responsibility for the provision of services rests with Stuart Glover Chief Executive Officer. Recruitment and Appointment of Trustees The Trustees are appointed in accordancc with the association's constitution and charitable status. Trustees are recruited from a wide range of backgrounds to reflect the diverse membership and the skills required to provide the necessary resources and the effective management of the charity. Related Parties Morecambe F.C. Community Sports works in association with the English Football League Trust. the Premier League Charitable Fund and Morecambe Football Club. Risk Management As part of tlieir evolving corporate governance duties, the Trustees have examined the major risks that tli¢ Association faces. A plan to monitor and control these risks to mitigate any impact has been developed. Financial revieiv: Tlie total expenditure for the year was £363,364 (2023: £327,834) and income was £405,019 (2023: £328,424) giving a net operating profit of £41,655.(2023: £590) leaving funds carried forward to 2024-25 of £131,896 (2023-24: £90.241). Reserves Policy It is the policy of the Trustees to adopt a reserves policy for unrestricted funds linked to the risk register which they consider appropriate to ensure the continuing ability of the charity to meet its objectives and obligations. Any Surplus is transferred to reserves and added to the brought forward surplus to be used in future years to meet the objectives of the charity at the discretion of the Trustees. Reserves show a total of £131,896 on 315t May 2024. of which £131,255 is unrestricted. The Trustees are of the opinion that tliis level of reserve should be maintained and are working towards increasing reserves, which is difficult during the economic downturn. Achievements and Performance We liave refenEd to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing our aims and objectives and in planning futUTe activities. In particular, the Trustees have considered how existing planned activities will contribute to the aims and objective previously set. A new strategic plan was d¢velop¢d for 2022 - 2025
MORECATrL tBE F.C. COMMtrNITY SPORTS C.I.O TRUSTEES, ANNUAL REPORT (continued) FOR THE YEAR ENDED 31ST MAY 2024 Our People The team continues to grow with the addition of casual community coaches and a Detacli¢d Youth worker We continue to provide volunteering and work experience opportunities. particularly for young people, tlirougli our partnerships with local schools, colleges and the wider community. We continue to invest in our staff teain by providing formal and informal training, mentoring and opportunities for the team to get togetlier to develop a more cohesive and supportive team. Our Programme We are able to offer a range of sports in our school's delivery programme. Football is still one of the most popular sports we off¢r, but we are able to meet the needs of individual schools by offering bespoke packages. The Gym Stars programme helps us to engage with Key Stage I children, many of whom potentially, would not have been as Ant¢rested in competitive team sports but have become eager to improve their ritness and health througli the programme. During the course of this year. we have worked in over 35 schools and had over 40.000 attendances at our sessions. Extra time continues to thrive for our over 60's group. We have guest speakers from will writing to fire safety along with a couple of trips out. The Football Club continue provide the refreshments along with a safe space for the weekly session. We now deliver activities and a befriending service in 4 local care homes, which helps older people with dementia to have a friendly face to look forward to meeting every week Premier Leagues Primary Stars continues to be a core part of our school's programme. Two community ¢oacli¢s completed the level 3 Higher Level Teaching Assistant Award. which helps them to support primary school teachers with their confidence to deliver curriculum P.E. We deliver PE, PHSE, and Maths interventions for all primary school children along with CPD support for in¢xperienced teachers in PE. In additfton, we deliver the Reading Stars programme for 6 weeks to year 516 children at individual schools to improve literacy attainment levels. We also delivered 2 sports competitions.
MORECAMBE F.C. COMMUNITY SPORTS C.I.O TRUSTEES, ANNUAL REPORT (continued) FOR THE YEAR ENDED 31ST MAY 2024 We supported World Book Day I Week by visiting local primary schools with Christie the Cat (club mascot) and giving out around 500 books. Soccer Schools were delivered, over 4 weeks during the Summer, October, February and Easter Holidays. A new look tliis year with a 3 day offer instead of 4 to allow us to also d¢liver the Holiday Activity & Food (HAF) project, over tlie same holiday period. HAF aims to provide activities and support for families with children on benefited related free school meals. Tlie project was oversubscribed with the children receiving a nutritious breakfast and hot lunch every day of the project along with fun activities Our Kicks and Priinary Stars projects, funded by the Premier League Charitable Fund, continue to thrive with Key perfonnance indicators being exceeded. Additional evening sessions were added this year. targeting young people at risk of offending. Primary Stars supported primary school children to develop their Matlis, reading and PHSE skills as well as providing support for inexperienced PE teachers. The Ul I's Community Cup also took place in January 2024 which had a fantsstA¢ attendance with 24 teams taking part. St Peters Primary School represented the club in the regional finals at Accrington Stanley. We delivered the EFL Utilita Cup for the under 13's girls which was well supported by our high schools. Queen Katherine went on to represent the club at the regional finals at Accrington Stanley. The Div¢rt programme was rebranded to tlie Champions Programs. We ¢ontinu¢ to have a mentor who works with children and adults aged 10-25. Funded through the Violence Reduction Network (VRN) via the Home Office. we work with those most at risk of re offending with mentoring sessions, health, physical activity sessions> practical help with housing and benefits. We provide positive experiences and offer support and structure for our clients. Goals are set and positive outcomes continue to b¢ acliieved by our Champions clients Our Headstart project, continued to support children with anxiety during their transition from primary to secondary school. The first phase of the project was to work in 5 local primary schools in identified areas to deliver whole year 6 enty mental health workshops including anxiety, stress and depression. Small group work follows and one to ones for the remainder of the year, reducing the transition anxiety and developing coping strategies. Pliase 2 saw the Transfomiation Officer meeting all the young people from the project for the first 6 weeks of their journey in high school helping with their transition.
MORECAMBE F.C. COMIUNITy SPORTS C.I.O TRUSTEES, ANNUAL REPORT (continued) FOR THE YEAR ENDED 31 MAY 2024 Tli¢ Veterans Coffee Morning continues to be popular. Regular numbers between 30 - 40 attend the montlily event hosted by the Football Club. We are bronze holders of the Employer Recognition Scheme, as part of tli¢ Armed forces Covenant. The Project was recognised as the best Community Project in League 2 by tlie English Football League. The project secured £50,000 to fund a part time officer dedicated to delivering the project outcomes. Tlie match day experience continues to grow. Our efforts this year helped the club achieve the Family Excellence Silver Award. The team provide activities inside and outsid¢ the stadium to engage with supporters? particularly tlie younger ones. Mascots, flag bearers from local football teams, cheerleaders, music and an inflatable football goal are all part of the offer. We had our Community Day on Saturday 15 April for the game against Wycombe Wand¢rers. We distributed over 1,500 frec tickets to schools and community organisations to come and support the Shrimps. In addition to this, we have established a strong relationship with the local junior league, The LatEcaster & Morecambe Service to Youth League, where they help us to fill the away end of the stadium when visiting support numbers are low. The club also provide free tickets to their club of the month winners. Tlie league nominates teams to be our matchday flag bearers. We continue to support the integration of the Women's team into the Morecambe FC Family. Morecambe FC Women played 3 games at the Mazuma Mobile Stsdium this season. This has been seen by tli¢ players as a real positive experience. A successful year with lots of positive changes. We achieved Exemplary status for our Capability Code of Practice submission, which is mandatory to ensure our governance arrangements, systems processes. policies and procedures are up to the required standard of a community club organisation. We introduced a "Friends of, initiative to generate funds from small business sponsorship.
MORECAMBE F.C. COMIIIUNITY SPORTS C.I.O TRUSTEES, ANNUAL REPORT (continued) FOR THE YEAR ENDED 31 MAY 2024 We thank the folIoiving for their support during the past year.. Anned Forces Covenant CWR Accountants Eiiglish Football League Englisli Football League Trust Aqua Engineering TP Fiiiancial Services Scaleability Morecambe Bay Wills and Estates Lancaster Smile Clinic Morecambe Car¢ H¢ysham Mossgate Sport & Community Centre Lancasliire Constabulary Lancashire County Council Lancasliire FA Lancastei. CVS Lancaster City Council Lancaster & Morecambe Service to Youth League Lancaster & Heysham School Sport Networks Morecambe Football Club NHS Pi-emier League Cliaritable Fund PFA Prince's Trust Schools Tivo Stories University of Cumbria V¢tei?ns Foundation Wriglit & Lord Solicitors Our amazing volunteers
MORECAMBE F.C. COMMUNITY SPORTS C.I.O TRUSTEES, ANNUAL REPORT (continued) FOR THE YEAR ENDED 31- MAY 2024 The Trustees are required to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of its financial activities for that period. In preparing those fInancial statements the Trustees are required to: Select suitable accounting policies and then apply them consistently. Make judgements and estimates that are reasonable and prudent. State whetlier applicable UK accounting standards have been followed. subject to any material departure disclosed and explained in the financial statements. Prepare the financial statements on the going concern basis unless it is inappropriate to presume that tlie charity will Continue in business. The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity- They are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities. The Trustees are responsible for the maintenance and integrity of the corporate and financial inforInation included on the charitable company's websAt¢. Legislation in the United Kingdom governing the preparation and dissemination of financial slatements may differ from legislation in other jurisdictions. Public benefit The Trustees have given due regard to tlie Charities Commission's guidance on public benefit and the main activities (and achievements) undertaken to further the charity's purpose for the public benefit are set out in the activities report set out on pag¢ 12-20. Statement as to disc105ure to our Independent examiner In so far as the Trustees are aware at the time of approving our Trustees, Annual Report". There is no relevant inforniation needed by the independent examiner in connection with preparing tlieir report, of which the independent examiner is unaware, and The Trustees, having made enquiries of fellow directors and the independent examiner that they ought to have individually taken, have each taken all steps that helshe is obliged to tak¢ as a director in order to make themselves aware of any relevant audit inforniation and to establish that the independent examiner is aware of that inforn]ation. This report was approved by the Board of Dlrectors on Board by: 2S and signed on behalf of the Rod Taylor Stephen Wright 10
MORECAMBE F.C. COMMUNITY SPORTS C.I.O INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES, OF MORECAMBE F.C. COMMUNITY SPORTS C.I.O FOR THE YEAR ENDED 31" MAY 2024 I report on the accounts of the Association for the year ended 31 st May 2024, which are set out on pages 12 to 20. Respective responsibilities of the Trustees and Examiner Tlie charity's Trustees are responsible for the preparalion of the accounts. The charity's Trustees consider that an audit is not required for thi5 year under section 144(2) of the Charities Act 2011 (the 201 l Act) and that an independent examination 15 needed. It is my responsibility to examine the accounts under section 145 of the 2011 Act. follow the procedures laid down in ihe General Directions given by the Charity Commission under section 145(5)(b) of the Act. and state whether particular matters have come to my attention. Basis of my Independent Examiner's report My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison ofthe accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audiL and consequently no opinion is given as to whether the accounts present a 'true and fair view, and the report is limited to those matters set out in the statement below. Independent Examiner's statement In connection with my examination, no matter has come to my attention: l. wliich gives me reasonable cause to believe that, in any material respect, the requirements: to keep accounting records in accordance with section 130 of the 201 l Act. and to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act. have not been met. or 2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Phil Dennison FCA FCCA For and on behalf of CWR Chartered Accountant5 20 Mannin Way Lancaster Business Park Caton Road Lancaster LAI 3SW Date:.fr7 li
MORECAMBE F.C. COMMUNITY SPORTS C.I.O STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MAY 2024 Unrestricted Restricted Total funds Tot21 funds funds funds 2024 2023 Note Income from: Activities in furtherance of the charity's objects: Grants Income from own activities 180,492 180,492 224,527 171,735 156,689 224,527 Total income 224,527 180,492 405,019 328,424 I xpenditure on: Charitable expenditure Costs of activities in furtherance of the charity'5 objects Manageinent and administration 153,961 28,798 180,605 334,566 28,798 286,890 40,944 Total expenditure 182,759 180,605 363,364 327,834 Net Movements in Funds 41,768 (113) 4J,655 590 Balances brought forward at 1st Jun¢ 2023 89,487 754 90,241 89,651 Balances Carried Forward 31st May 2024 131,255 641 131,896 90,241 12
MORECAMBE F.C. COMMUNITY SPORTS C.I.O BALANCE SHEET AS AT 31 MAY 2024 Note 2024 2023 Fixed Assets Tangible As5els 12,876 11,613 12,876 11,613 Current Asset5 Debtors Cash al bank and in Iiand 27,844 196,346 15,984 162,035 224,190 178,019 Creditors: Amounts falling due ivitliin one year (85,604) ( 68,815) Net current Assets 138,586 109,204 Total Assets less current liabilities 151,462 120,817 Creditors: Amounts falling due after more than one year (19,566) ( 30,576) Net Assets 131,896 90,241 Funds Unrestricted funds- General funds Restricled fijnds 131,255 641 89,487 754 Total Funds 131,896 90,241 These accounts were approved by the Trustees on 27
z 2S and signed on their behalf by: Rod Taylor Stephen Wright The notes on pages 13 to 19 forni part of these accounts 13
MORECAI*IBE F.C. COTrIMUNITY SPORTS C.I.O ACCOUNTING POLICIES FOR THE YEAR ENDED 31ST MAY 2024 Aeeounting basi$ Thc financial Slatements have been prepared in accordance ivith Accouniing and Reporting by Charitie5: Siat¢ment of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicablc in ih¢ UK and Republi¢ of Ir¢land (FRS102) {¢ffective I si January 2015}- (Charities SORP (fRS10211, (he Financial Reporting Standard applicable in the UK and Republic of Ireland (fRS 102) and the Companies Act 2006. Morecambc F.C Community Sports CIO mccl5 the definilion of a public benefit enliiy under FRS 102. Assets and liabililics are initially rccoEniscd at hisiorical c05t or transaction value unless othcrwise stated in Ihe rclevanl accounting policy notels). Tl)¢ financial stal¢ments have been preparcd on a going concern b&5is und¢r Ihe hislorical cost convention. Donll¢ions incom¢ from own aetiviliE5 The donations and income shoivn in Ihe financial 51a(ements represents amounls receivable during ih¢ year to 202312024. Income relating to 202412025 has been carried forward. Gr#nts Monies rcceivcd coniingent on Ihcm being used for a sp¢cific purpose are Irea(ed as deferred incomc and are only r¢lcased against cxpcnditure whcn thal cxp¢ndilure is incurred. Capital expenditu fllnded by grants Capital expendilur¢ ivhi¢h is funded by grants is treated a5 an addilion to fixed asseis. The associated gran( is credited to a rcslricicd or dc5ignaled fund account, dcpcnding on th¥ tCTms of the grant. and is relcased to Ihc statemcnl of financial a¢tivili¢s ov¢r ihe expccicd uscful life of the r¢levant asscts. Dcpr¢ciation Depreciation is calculated so as to ivrite olTthe cost of an asset. Icss lis estimaied rcsidual valu< ov¢r the uscful economic lifc of Ihal asset as folloivs... Equipment Motor vehi¢les Write otrcost on a redu¢ing balance basis of15•/0 Write off cost on a reducing balance basis of 250/0 Funds accounting runds hcld by the charity are.. Unrestricted general funds- thc5e ar¢ funds ivhich can be used in accordance with the charitable objects at the discrclion of the Trustees. Designated fixed asset funds- this rcprcsents ihe nei book value of tangibl¢ fixed assets. 14
MORECAMBE F.C. COMMUNITY SPORTS C.I.O ACCOUNTING POLICIES FOR THE YEAR II NDID 31ST MAY 2024 Financial Instruments The charity only holds basTC financial instruments as defined in FRS 102. The financial assets and financial liabilities of the charity and their measurement basis are a5 follows- Financial assets - trade and other debtors are basic financial instruments and are debt instruments measured at amortised c05t as detailed. Prepayments are not financial instruments. Cash at bank- is classified as a basic financial instrument and is measured at face value. Financial liabilities trade creditors, accruals and other creditors are financial instruments, and are measured at amortised cost. Taxation and social security are not included in the financial instruments disclosure definition. Deferred income is not deemed to be a financial liability, as the cash settlemeni ha5 already taken place and there is an obligation to deliver services rather than cash or another fancial instruinent. 15
MORECAMBE F.C. COMTrtUNITY SPORTS C.I.O NOTES TO THE FINANCIAL STATEIVIENTS FOR THE YEAR ENDED 31ST MAY 2024 2024 2023 l. Grants Resli'icled Community cup Headslart P.L Kicks and Inclusion Scliool sport Fans fund Police Funding / Divert Youth National rail project Twinning McDonalds Holiday Activity Veterans Wildcat5 Cost of Living Police Funding l Divert 31,621 35,000 37,794 18,334 33,182 38,581 10,671 12,503 2,500 3,265 23,810 17,760 2,900 1,458 4,260 40,133 1,615 3,800 4,500 13,369 180,492 171,735 15,171 2. Unrestricted income from oivn activities After school coacliing Half term soccer scliools Birthday parties and mascots Football League funding Detaclied Youth Work PAYE rebate Smart Energy Sponsorsliip Interest received Donation Extra Time - Weekly Sessions + Trip Over 55's Extra Time Walking football Lancashire Benevolent Fund & Community Cup Business Development & PL Uplift Capability Grant 99,204 24,218 3,399 38,500 7,692 5,057 2,188 2,000 1,659 7,564 1,727 8,425 2,094 800 20,000 65,670 21,018 1,765 40,000 5,510 1,750 922 292 1,483 4,416 2,234 11,629 224,527 156,689 16
MORECAMBE F.C. COMMUNITY SPORTS C.I.O NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MAY 2024 Unrestricted funds Restrieted funds Total 2024 Total 2023 3. Activities to further the eharity's objeet$ Staff salaries Employer pension contribution Tropliie5 and gift5 Sports equipmeni Hire of room Courses Repairs Compuier supplies Fuel and oil Vehicle iiisurance Licences Miscellaneous motor expenses Mini bus hire Subsistence Hotels Donation Sponsorship Staff Entertaining Stationery Heat & Light Waler Rates Catering Miscellaneous Depreciation & Disposals Subscriptions Advertising Bank cliarges Bank Interest 81JlO 3,018 1,466 1,628 6,675 3,829 1,710 7,409 1.442 3,380 966 6,225 250 1,105 327 15.611 1.997 828 569 2.079 121 158,787 240,097 3,018 2.107 3,079 16,430 3,829 1,710 7.409 4,691 3a80 966 7,315 250 1.419 327 15.611 1,997 828 1,081 2,079 121 4.250 5.190 2,450 73 3,447 515 897 219,962 2,264 1,473 3,392 11,960 3,115 410 4,106 5,675 3,279 893 3,666 365 976 548 8,870 2,485 792 782 1,492 (187) 3,834 1,130 4,233 041 1.451 9.755 3249 1,090 314 512 4,250 443 113 4,747 2a37 73 3,447 5J5 897 211 1.164 153,961 180,605 334,566 286,890 4. Management and administration of the charity Adminislralive wages Telephone Postage Printing, slalionery and publicity Accountancy Legal fee5 19,718 1,848 19,718 1,848 31,746 1,733 115 1,182 5.688 480 268 5,598 1,362 268 5,598 la62 28.798 28.798 40,944 17
MORECAMBE F.C. COMMUNITY SPORTS C.I.O NOTES TO THE FIP4ANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MAY 2024 S. Staff cost5 2024 2023 S8IAries Social security costs 242,904 16,911 235,474 16,234 Total Staff eosts 259,815 251,708 No ¢mployee received ¢molum¢nls ofmote than £60.000. Tlie TrusteLS r¢c¢ivcd no remun¢rn(ion or expenses during the period. The averdge number of full time equivalcnt employees during the period was 8 {2023: 6) 6. Tangible Fixed A55ets Equipment Motor Vehieles Tolal Cost At O l JunL 20?3 Trnn5ferr¢d Addilions Disposals 13.967 41,544 55,511 3,713 3,713 At 31 May 2024 17,680 41,544 59,224 Accumulqted DepreciAtion At O l Junc 2023 Transferred Charge for Ilie y¢ar Disp05als 7,133 36,765 43.898 1.255 1,195 2.450 At 31 May 2024 8J88 37,960 46.348 Net book value Ai 31 May 2024 9,292 3J84 12,876 At 31 May 2023 6,834 4,779 11,613 7. Debtors 2024 2023 Trade debtors Other deb(ors 27,844 15,984 Total 27,844 15,984 18
,N[nRF.CI1II 'lBE r.c. COill)I IIINITY SPORTS OTES TO TIIF. fIiN'IlN'Clkll. STATF.NIF.NTS FOR TIIE YEèlR DED 31ST IllAI' 2024 8. Creditors: AmoLEnls falliiig diic ivilliin ont year 2024 2023 Trad¢ creditor5 Oilicr credirors inc]uding IallOn and social security: PA YE and 50cia] sccuriry Oiher credilors BouncL' Back Loan A¢¢ruals and dLfctrcd inconic 704 1,723 3,467 67,544 10,192 1,974 3J49 3,425 49.941 10.192 1.908 Toial 85,604 68,815 Cr¢iJitors: èlmounis fd111ing duc Rftcr niore thnn oiie year 2024 2023 Bounc¢ Back Loan 19,566 30,576 19.566 30,576 9. Re5trictcd funds Bal8llC¢ 01.06.23 Incoming rc50urces Outgoing Trn5rCrs resource5 botwcon funds Balanee 31.05.24 OvLr 55's Hcadsion PrEmary S14r5 NHS Lifc5Lyl¢ FUTSAL P.L. Kicks and Inclusio Veterans School Sport Wildcats Cosi of Living Tivinning Divcrt Divert Youth l.loliday Aclivity McDonal( 230 35 31,621 35.000 195 31.621 35.000 524 78 35,000 17.760 2.794 2.900 446 35.000 17.760 2.794 2,900 2.500 15.171 10.671 23.810 3.265 2,500 10.671 23.810 3.265 754 180.492 180,605 641 10. Attglysis ofiict 115scts btt)%tetb funds Tangible Ntt Current Fixed As5¢15 Asstls Liabilitles Totgl 2024 Totgl 2023 Grunts 641 641 754 641 641 754 Unrestrictcd funds General funds 12,235 138.586 119.566) 131,255 89A87 12J76 138,586 119,566) 131,896 90,241 19
MORECAMBE F.C. COMMUNITY SPORTS C.I.O NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MAY 2024 Il. Control The cliarity is controlled by the Board of Trustees. 12. Taxation Morecambe F.C. Community Sports is a registered cliaritable incorporated organisation (C.l.O) charity number 1155802. All the Trust's income 15 applied to its charitable objectives and the charity is, therefore, exempt under current legislation from most forms of taxation. 13. Transactions Ivith Trustees and connected parties The charity has purchased, on normal commercial ternis, goods and services and received income from businesse5 in which a Trustee has an interest. Mr R Ellis is the Managing Director for Two Stories. The charity pur¢hased services amounting to £,3614 (2023: £nil) at arms length and in the normal course of business, of which £1,183 (2023: £nil) remained outstanding at the year end. Mr R H Taylor is a director in Morecambe Care Ltd, a firni the charity received income from durffing the year to the value of £6,780 (2023: £5,825) of which £3.825 (2023: £1,680) remained outstanding at the year end. All transactions confomied to the charity'5 quotation procedures and wer¢ authorised by the Trustees independently of the person who liad a personal interest in a particular transaction. 20