Charity Number: 1155802 MORECAMBE F.C. COMMUNITY SPORTS CHARITABLE INCORPORATED ORGANISATION FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MAY 2025
ECA E F.C. COM INDEX IIOR T EYEARE UNITY SPORTS C.I.O ST 31 MAY 2025 Index Legal and Administrative Infoiination 4-10 Trustees, Annual Report Independent Examiner's Report to the Tiustees 12 Statement of Financial Activities Balance Sheet 14-15 Accounting Policies 16-20 Notes to the Financial Statements
MORECAMBE F.C. COIVITr(UNITY SPORTS C.I.O LEGAL AND ADIVIINISTRATtVE INFORMATION ST FOR THE Y1( All ENDED 31 EVIAY 2025 Status: Registered witli tlie Charity Coininission Numbei. 1155802. Princip21 Address: Northgate Business, 46 Northgate Wliite Lund Moi"ecambe, LA3 3PA Board of Trustees: Rod Taylor Steplien Wright Carla Brayshaw Derek Quinii David Brayshaw Rob SInith Yakub Patel Katliryn Macdoiiald Independent Examiner: CWEL 20 Mannin Way, Lancaster Business Park, Caton Road, Lancaster, LAI 3SW Bankers: HSBC, J 5 Market Street, Lancaster, LAI IJG Solicitors: Wright and Lord, 63 Victoria Street, Morecambe. LA4 4AF Senior Mana(rement: Stuart Glover Chief ExecutÈve Officer
MORECAMBE F.C. COMMUNITY SPORTS C.I.O LEGAL AND ADMINISTRATIVE INFORMATION (continued) FOR THE YEAR ENDED 31- IVIAY 2025 Staff Delivery Team: Nathan Bri Jei"emy Austin Joe But¢liei' Cameron Hollywood Coniior Wright Regan Crossley Haivey Le Bi'ocq Sam Rannard Sophie Tack James Tremeer Skye Beswick Anna Quirke Gary Heys / Anthony Branki Micliaela Darby Suraj Sridliar Katie McLauglilan Will Crowthei'_Herd - Community Coach Operation Managei. - Community Coach - Community Coach Cominunity Coach Coininunity Coach Coinmunity Coacli - Casual Community Coach - Casual Community Coach Casual Community Coach - Champions Mentor Mental Health Transforniation oificer Veterans Project Officer Detaclied Youtli Worker Matcliday Experience Officer Matcliday Experience Officer Matchday Experience Officer Staff Support Team: Jayne Stirzaker l Martin Shaw Administrator
MORECAMBE F.C. COMTrtUNITY SPORTS C.I.O TRUSTEES? ANNUAL REPORT FOR THE YEAR EIED 31- MAY 2025 Tlie Trustees present tlieir report alon(F With the financial statements of the ¢liarity for tlie year ended J I Sl May 2025. Tlie financial statements liave been prepai'ed in accordance witli the accounting policies set out therein and comply witli the chai'ity's trust deed, the Charities Act 2011 and the Statement of RecoInmended Practice "'Accounting and Reporting by Charities-, issued in Marcli 2015. Constitution and Objects Morecambe F.C. Community Spoits was establislied in 2004 and registered as a charitable incorporated organisation, charity numbei. 1155802, in 2014. The objectives of tlie charity are to help the local comniunity through the medium of sport. llie charity believes that the opportunity to pticipate and to compete in sports provides a positive experience wliicli can benefit people, the young and the old alike. Tlie charity woi'ks in coiijunction with the English Football Lea(Fue Trus( The Premi¢i' League Charitable Fund and Morecambe Football Club to achieve its purpose. Ourvision To have a positive impact oli our communities by creating a healtliier and niore connected Morecalnbe tlirough tlie power of sport, liealth, education, and inclusion Our Mission To ivork in paitnership with Morecambe Football Club to deliver excellent and trusted services which inspire people and improve tlieir communities. Our Values Integrity- We ai"e committed to being honest and a willingness to do what is right Pride- We believe in the powei. of the Morecambe FC brand and the impact we can have on our ommunity Accouiitability- We take responsibility foi. our actions, perfortnance and quality of service Inclusion - We ensure tliat everyone is valued and treated with dignity, respecL fairness and free from discrimination Commitment- We are dedicated to community engagement filled with passion and enthusiasln. Caring- We strive to understand our communities needs and help people to thrive and be happy
IOREcAmBE F.C. COMIVIUNITY SPORTS C.I.O TRUSTEES, ANNUAL REPORT (continued) ST FOR THE YEAR ENDED 31 IAy 202) Oi"ganisation21 Structure The Boai-d of Trustees ineets quarterly to consider tlie business of the charity. Sub-committee and action groiips al'e fonned to undeitake work on belialf of the boai"d as and when necessary. At least one Ti'ustee will repi'esent the Board on such groups. Tlie day-to-day i-esponsibility foi. tlie provision of services i-ests with Stuart Glover Chief Executive Officer. During this year we created a new tradÈng natnc widi associated branding of Morecambe FC Community Foundation Recruitment 2nd Appointment of TJ"ustees Tlie Triistees arc appointed in accordance with the association's constitution and charitable status. Ti-ustees are i'eci'uited froin a k[de range of backgrounds to reflect the diverse membership and the skills I"equired to provide the necessary resources and the effective management of the charity. Related Parties Moi"e¢ainbe F.C. Community Sports works in association witli the English Football Lea.(Yue Trust, the Premier League Charitable Fund and Morecambe Football Club. Risk Management As part of their evolvin(F corp012te trovernance duties, tlie Trustees have ¢xamin¢d the major risks that tlie Association faces. A plaii to monitor aiid control these risks to mitigate any iEnpact has been developed. Reserves Policy It is the policy of the Tiustees to adopt a reserves policy for unrestricted fvnds linked to the risk. register wliich 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 m¢¢t the objectives of the charity at the discretion of the Trustees. Reserves show a total of £172,486 on 31" May 2025, of which £164,795 is unrestricted. The Trustees are of the opinion tliat tliis level of i"eseive should be maintained and are working towards increasing reserves, which is difflcult during the economic downturn. Achievements alld Performance We liave referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewino our aitns and objectives and in planning future activities. In particular, the Trustecs have considered Iiow existinis o platu]ed activÈties will contribute to the aitns and objective previously set. A ii¢w strategic plan w&s developed for 2022 - 2025
MORECAMBE F.C. COMMUNITY SPORTS C.I.O TRUSTEES, ANNUAL REPORT (continued) ST FOR THE YLI AR ENDED 31 IIL4Y 2025 Our People The team continues to grow with the addition of casual community coaches and matchday experience officers We continue to provide volunteering and work experience oppoitunities, particularly for young people, tlii-oiigli oiii. partnerships with local scliools, colleges and the wider cominunity. We continue to invest in our staff team by pi-ovidino formal and informal tiaining, mentoring and oppoitunities for tlie team to get together to develop a more cohesive and supportive team. Our Programme We are able to offer a range of sports in our school's d¢livery programme. Football is still one of the most popiilar sports we offer, but we are able to meet the needs of individual schools by offering bespoke packages. Tlie Gym Stars progi.amme helps us to entratre with Key Stage I children, many of whom potentially, would not Iiave been as interested in coinpetitive team sports but have become eager to improve their fitness and health through the programme. During the course of this yeai", we Iiave woi'ked in over 35 schools and had over 40,000 attendances at oui- sessions. Exti-a time continues to thrive for our over 60's trroup. We Iiave guest speakers from will writing to fire Safety along witli a couple of trips out. Tlie Football Club continue provide the refreshments along with a safe space for the weekly session. We continue to deliver activities and a befriending service in 4 local care homes, which helps older people witli dementia to have a fi"icndly face to look forward to meeting every week Pi'emier Leagues Pi"imary Stai"s continues to be a core part of our school's programme. Two community coachcs 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 inexperienced teachers in PE. In addition, we deliver the Readtng Stars programme for 6 weeks to year 516 children at individual schools to improve literacy attainment levels. We also delivered 2 sports conipetitions.
ORECAMBE F.C. COMIVIUNITY SPORTS C.I.O TRUSTEES, ANNUAL REPORT (continued) ST FOR THE YEIIR ENDED 31 IWIAY 2025 We suppoited Woi"Id Book Day / Week by visiting local primary schools with Christie the Cat (club niascot) and giving out ai'ound 500 books. Soccer Schools were delivered, over 4 weeks during the Summer, October, February and Easter Holidays. A new look this year with a 3 day offer instead of 4 to allow us to also deliver the Holiday Activity & Food (HAF) project, ovei" the same holiday period. HAF ainis to provtde activities and suppoit for families with cliildren on benefited related free school meals. Tlie project was oversubsci'ibed witli tlie children receiving a nutritious breakfast and hot lunch every day of tlie project along with fuii activities Our Kicks and Priinaiy Stars projects, funded by the Premier League Cliaritable Fund, continue to thrive with Key perfoiinance indicators beinfj exceeded. Additional evening sessions werc added this year, targeting young people at risk of offending. Tlie Ul I 's Community Cup also took place in January 2025 which Iiad a fantastic attendance with 24 teains taking part. St Peters Priinary Scliool represented the club in the regional finals at Accrington Stanley. We delivei-ed the EFL Utilita Cup for the under 13's girls which was well supported by our high scliools. Queen Katlierine went on to represent the club at the regional finals at Accrin(rton Stanley. Tlie ChaTnpions Progi'amme continues to be successful with additional funding secured fi'om the Lancashire Violence Reduction Netwoi'k to recruit a second mentor. We continue to work with cliildren and adults aged l 0-25 wlio are most at risk of re offending with mentoring scssions, health, pliysical activity sessions, pi-actical Iielp with housing and benefits. We provide positive experiences and offer support and structure for our clierEts. Goals are set and positive outcomes continue to be achi¢v¢d by our Cliampions clients. One such client lias been volunteering at our Kicks programme with the possibility of being taken on as a casual coach Our Headstart project came to an end in tliis accounting year due to funding running out. We used some of our reserves to ensure the project was able to be completed over the sumtner and early Autumn tern15 suppoiting the identKfied children with anxiety during their transition from primary to secondary school. We woi'ked in 5 local primary schools in areas of identified need to deliver whole year 6 entry mental health workshops including anxiety, stress and depression. Small group work follows and one to ones for the i-emainder of tlie year, i'educin(T the transition anxiety and developing coping strategies. Phase 2 saw the Transfomiation Ofyicer meetincr all the young people from the project for the first 6 weeks of tlieir joumcy in high school helping with their transition. Feedback from pi"oject beneficiaries, parents, teaching and pastoral staff was ovenvhelmin<trJly positive. We will endeavoui- to seek funding to restait the project as it has more than proved its value.
MORECAMBE F.C. COMMUNITY SPORTS C.I.O TRUSTEES, ANNUAL REPORT (continued) ST FOR THE YEAR ENDED 31 MAY 2025 The Veterans pi'oject continue to go from sti"ength to strength. The introduction of a new officer has seen the project develop new strands for a greater reach. The Coffee Morning continues to be popular. Regular numbers between 30 - 40 attend the tnonthly event hosted by the Football Club. We achieved the Silver Award of the Employer Recognition Scheme, as pait of the Am]ed Forces Covenant. We won the Community Project of Year award at the Nortli- West Football Awards We have fornied a crown green bowling team, obtained keys to a community allotment and increased the number veterans we engage with. A highlight this year was raising ovcr £5000 for a chaiity walk fi'om Fleetwood Town to Morecambe FC (24 miles) The match day expei"ience improved significantly tliis year. Due to som¢ additional funding fi.om the Premier League Charitable Fund. we were able to ptErchase new inflatable activities for use outside the stadium, i"ecruit some matchday experience OlCerS. These officers enabled us to have a 'eater presence at home matches on satui.days and mid-week and the ability to en(Faoe better with supporters t find out how we could improve the matchday experiences. The Funding also enabled us to engage witli underrepIrsented (vroups to identify tlie potential barriers they faced in aocessing the stadium, and Iiow we can lielp remove them. W¢ have also start¢d a Junior Reds monthly club that young fans attend at tlie cub to do activities ad build friendships In addition, the Fans Fund helped us open the away stand 4 tfttnes last season triving away over 4000 tickets to our community, for first time fans. Our efforts atrain lielped the club achieve the Family Excellence Silver Award. We started to deliver a weekly Cancer prehabilTtation class at the club funded by the NHS. The project is working patients wlio are about to start treatment or part way through their journey to improve tlie sui'gery readiness and build up their social networks and have peer support. 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 Stadium this season. This has been seen by the players as a real positive experience. We liave obtained new fundints for projects for older people and communities from Sport England & the National Tottery
MORECAMBE F.C. COIVIfvIUNITY SPORTS C.I.O TRUSTEESY ANNUAL REPORT (continued) ST FOR THE YEAR EIYDED 31 IVIAY 2025 We thank the following for their support during the past year: Anned Forces Covenant CWR Accountants Ei](Tlish Football LeacTue Englisli Football League Trust Aqua Engineei"ing TP Finaiicial Services Scaleability BUPA dental Moi'ecambe Bay Wills and Estates Lancaster Smile Cliiiic Moi'ecainbe C"e Heysliam Mossgate Spoit & Coinmunity Centre Lancashire Constabulary Lancashil'e Couiity Council Lancashire FA Lancaster District CVS Lancaster City Council Lancaster & MoreGambe College Lancaster & Moi'ecambe Service to Youth Lea(Tue Lancaster & H¢ysham Scliool Spoit Netwoi'ks Morecambe Football Club Score by Goldstar NHS Ministry of Defence Premier League Charitable Fund PFA Alpha Engineering Prince's Trust Schools Two Stories University of Cumbria Veterans Foundation Wriglit & Loi-d Solicitors Our ainazing volunteers
MORECAMBE F.C. COMTrttrNITY SPORTS C.I.O TRUSTEES, AI¥NUAL REPORT (continued) ST FOR THE YEAR ENDED 31 202) The Ti-ustees are i-equired to prepare financial statements for each finaiicial year which give a true and fail. view of tlie state of affaii-s of the cl)arity and of its financial activities for that period. In prepai'ing tliose finaiicial stateinents the Trustees al'e requii'ed to: Select suitable accountin policies and then apply them consistently. Make judgements and estimates tliat are reasonable and prudent. State whether applicable UK accounting standai.ds have been followed, subject to any material departure disclosed and explained in the financial statements. Prepare the financial statements on tlie going concern basis unless it is inappropriate to presumc tliat tlie cliarity will continue in business. The Trustees are responsible foi- keeping proper accountincT records that disclose with reasonable accui-acy at aiiy 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 otlier irregulai'ities. Tlie Ti-ust¢¢s are respoiisible for the maintenance and integrity of the coryorate and financial infonnation included on the charitable company's website. Legislation in the United Kingdom govei-liing tlie prepai-ation and dissemination of financial statements may differ from legislation in other jui'tsdictions. Public benefit The Ti'ustees have given due regard to tlie Charities Commission's guidance on public benefit and the tftain activities (and achievements) undertaken to further the charity's purpose for the public benefit are set out in die activities report set out on page 12-20 Statement as to disclosure to our independent examiner In so far as the Ti'ustees are aware at the tirne of approving our Trustees. Annual Report: There is no relevant infomiation needed by the independent examinei" in connection witli preparing tlieir Itport, of which the iiidependent examiner is unaware, and The Trustees. Ilaviiig made enquiries of fellow directors and the independent examlner that they ought to have individually taken, have each taken all steps that helshe is obliged to take as a director in order to make themselves aware of any levant audit information and to establish that the independeiit examiner is aware of that infonnation. Tliis repoit was appi.oved by the Board of Directors on by.. and signed on behalf of the Board Rod Taylor Stephen Wright 10
ORECAMBE F.C. COMMUNITY SPORTS C.I.O INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES, OF MORECAMBE F.C. COMlVtUNITY SPORTS C.I.O FOR THE YEAR ENDED 31- MAY 2025 I report on the accounts of the Association for the year ended 31 st May 2025, which are set out on pages 12 to 20. Respective responsibilities of the Trustees and Examiner The charity's Trustees are responsible for the preparation of the accounts. The charity's Trllstees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It is my responsibility to examine the accounts under section 145 of the 2011 Act. follow the procedui-es laid down in the General Directions given by th¢ 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 include5 a review of the accountin records kept by the charity and a comparison ofthe accounts presented ivith 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 audit, and consequently iio opinion is given as to whether the accounts present a'true and fair view, and the report is l imited to tliose matter5 set out in tlie statement below. Independent Examiner's statement In connection with my examination, no matter has come to my attention: l. which 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 wliich 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 Accountants 20 Mannin Way Lancaster Business Park Caton Road Lancaster LAI 3SW li
MORECAMBE F.C. COMMUNITY SPORTS C.I.O STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MAY 202) Unrestricted Restricted Total fund5 Total funds funds funds 2025 2024 Note Income from: Activities in furtherance of the charity's objects: Grants Income fi'om own activities 218,804 218,804 235,721 180,492 224,527 235,721 Total income 235,721 218,804 454,525 405,019 E.Kpenditure on: Charitable expenditure Costs of activitie5 Ln furtherance of the charity's objects Management and administration 166,909 3),272 209,2)4 2,500 376,163 37.772 334,566 28,798 Total expenditure 202,181 211,754 413,93) 363,364 Net Movement5 in Funds 33,540 7,050 40,590 41,655 Balance5 brought fonvard at I st June 2024 131,255 641 131,896 90,241 Balances Carried Fonvard 31st May 2025 164,795 7,691 172,486 131,896 12
MORECAMBE F.C. COMIIIUNITY SPORTS C.I.O BALANCE SHEET AS AT 31 MAY 2025 Note 2025 2024 Fixed Assets Tan ible Assets 20,5)7 12,876 20,557 12,876 Current Assets Debtors Cash at bank and in hand 30,789 236,025 27,844 196,346 266,814 224,190 Creditors: Amounts falling due ivithin one year (107.567) { 85,604) Net current Assets 159,247 138,586 Total Assets less current liabilities 179,804 151,462 Creditors: Amounts falling due after more than one year ( 7Jl8) ( 19,566) Net Assets 172,486 131,896 Funds Unrestricted nds. General funds Restricted ndS 164.79) 7,691 131,253 641 Total Funds 172.486 131,896 These accounts were approved by the Trustees on ...... 1717.L and signed on their behalf by: Rod Taylor Stephen Wright The notes on pages 13 to 19 forni part of these accounts 13
MORECAIMBE F.C. COMfvIUNITY SPORTS C.I.O ACCOUNTING POLICIES FOR THE YEAR ENDED 31ST MAY 2025 Accounting basis The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparino their accounts in a¢¢ordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective Ist January 2015) - (Charities SORP (FRS10?)). the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. Morecambe F.C Comrnunity Sports CIO meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(5). The financial statements have been prepared on a going concern basis under the historical cost convention. Donation5 and income from own activities The donations and income shown in the financial statements represents amounts receivable during the year to 202412025. Income relating to ?02512026 has been Caled forward. Grants Monies received contingent on them being used for a specific purpose are treated as deferred income and are only released against expenditure when that expenditure is incurred. capit41 expenditure funded by gr?1 nts Capital expenditure which is funded by grants is treated as an addition to fixed assets. The associated gran¢ is credited to a restricted or designated fund account. dependincr on the tertTts of the grant. and is released lo the Statement of financial activitie5 over the expected useful life of the relevant assets. Depreciation Depreciation is calculated so as to write off the cost of an asset. less its estimated residual value, over the useful economic life of that asset as follows:. Equipment Motor vehicles Write off cost on a reducing balance basis of 150/D Write off cost on a reducing balance basis of 25% Funds accounting Funds held by the charity are: Unrestricted general funds - these are funds which Gan be used in accordance with the charitable objects at the discretion of the Trustees. De5i.trnated fixed a55et funds - this represents the net book value of tangible fixed assets. 14
MORECAMBE F.C. COMMUNITY SPORTS C.I.O ACCOUNTING POLICIES FOR THE YEAR ENDED 31ST MAY 2025 Financi$l Instruments The charity only holds basic financial instruments as defmed tn FRS 102. The fjnancial assets and fmancial liabilities of the charity and their measurement basis are as follows.. Financial assets - trade and other debtors are basic financial instruments and are debt instruments me&8ured at amort15ed cost as detailed. Prepayments are not financial instrutnents. Cash at bank- is classified as a basic fanCIal instrument and is measured at face value. Financial liabilities - trade creditors. accrllals and other creditors are fmancial instruments, and are measured at amortised cost. Taxation and social security are not included in the financial instruments disclosure defInition. Defeed income is not deemed to be a fmancial liability, as the cash settlement ha5 already taken place and there is an obligation to deliver services rather than cash or another financial instrument. 15
MORECAMBE F.C. COMMUNITY SPORTS C.I.O NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST IVL4Y 2025 2025 2024 l. Grants Restricled Headstart P.L Kicks and Inclusion School spoit Fans fund Police Funding l Diveit Youth Twinning McDonalds Holiday Activity Veterans Wildcats NHS Caiicei" Prehab Police Fuiiding / Divert 6,927 31,621 35,000 35,000 38,990 37,794 41,677 30,402 10,671 2,500 3,265 23,810 17,760 2,900 5,732 li,700 25,000 406 4,167 14,803 15,171 218,804 180,492 2. Unrestricted income from oivn activities After scliool coacliing Half term soccer schooKs Birthday parties and mascots Football League funding Detaclied Youtli Work PAYE rebate Smait Eii¢i"gy Sponsorsliip Interest received Donation Extra Time - Weekly Sessions + Trip Over 55's Extra Time Walking football Lancashii"e Benevolent Fund & Community Cup Business Development & PL Uplift Former Playei"s Association Kellogs Fund EFL Unresti"icted Income Lancasliii'e Youtli Challenge Healthy StadTa 79,465 99,204 23,831 24,218 710 3,399 35,000 38,500 9,231 7,692 6,780 5,057 2,500 2,188 8,000 2,000 2,817 1,659 7,809 7,)64 1,391 1,727 15,995 8,425 1,286 2,094 370 800 10.000 20,000 1,416 11,045 li,000 I,iOO 1,575 235,721 224,527 16
MORECAfvIBE F.C. COTrItVIUNITY SPORTS C.I.O I OTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MAY 2025 Uni'estricted funds Restricted funds Total 202S TotHI 2024 3. Activities to further the charity's objects Staff salaries Employer pension contribution Trophies and gifts Spoits equipment Hirc of l'oom Courses Repaii's Computer supplies Fuel and oil Vehicle insui'ance Licences Miscellaneous motor elpenses Mini bus hire Subsistenee Hotels & Amiards Ceremonies Donation Sponsorship & AHTay Siand Staff Enteitaining Stationery Heal & Light Water Rates Catering Miscellaneous Fan5 Fund Depreciation & Disposals Subscriptions Advertising Bank charges Bank Interest 82,225 3,293 1,426 1,998 7,176 3,45) 2,159 6,422 1,128 3,407 1,034 1,600 980 I,)47 i,)56 4,iOO 10,410 973 1,592 1,751 99 159,040 241,265 3,293 2,216 3,563 18,176 5,269 2,159 6,422 4,340 3,407 1,034 2,954 980 1,864 5,556 4,500 18,612 973 1,968 1,751 99 4,360 6,420 15,677 3,422 483 14,336 448 616 240,097 3,018 2,107 3,079 16,430 3,829 1,710 7,409 4,691 3,380 966 7,315 250 1,419 327 15,611 1,997 828 1,081 2,079 121 4,250 5,190 790 I,)65 11,000 1,814 3,212 1,354 317 8,202 376 4J60 430 15,677 1,117 i,990 2,305 483 14,336 448 616 2,450 73 3,447 515 897 166,909 209,254 376,163 334,566 4. Management and administration of the charity Administrative wages Telephone Postaoe Printing, stationery and publicity Accountancy Lettal fees 20,135 1.098 27 436 6,834 6,742 2,500 22,63) 1,098 27 436 6,834 6,742 19,718 1,848 268 3,598 1,362 35,272 2,500 37,772 28,798 17
IqORECAMBE F.c. corv1luNITy SPORTS C.I.O NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MAY 2025 5. Staff costs 2025 2024 Salaries Social security costs 244,297 19,603 242,904 16,911 Total Staff costs 263,900 259,815 No employee received emoluments of more than £60.000. The Trustees received no remuneration or expenses during the period. The average number of full time equivalent employees during the period was 13 (2024.. 8) 6. Tangible Fiied Assets Equipment Motor Vehicles Total Cost At 01 June 2024 Trdn5ferred Addition5 Disposals 17,680 41.544 59.224 11,103 IE.103 At J l May 2025 28,783 41,544 70,327 Accumulated Depreciation At 01 June 2024 Trdn5ferred Charge for the year Disposals 8,388 37,960 46.348 2,526 896 3,422 At i l May ?02) 10,914 38,856 49.770 Net book lue At 31 May 202) 17,869 2,688 20,557 At J l May 2024 9,292 3,584 12,876 7. Debtors 2025 2024 Trade debtor5 Other debtors 30,789 27,844 Total 30,789 27,844 18
,MORCCAIllBE F.C. COIl.IIllUNITY SPORTS C.I.O NOTES TO THE FIIN'ALN'CIFIL STA TETrI IEINTS FOR THE I'C,IR EIYDE< D 31ST fvlèll, 2025 8. Creditors: Amount.5 fallinu duc ii'ithin onc }peir 2025 2024 Trade creditors Other creditors including tax2Eion and social security: PAYE and SOCI sccurity Other creditors Bounce Back Lo8J) Accruals and deferred income 1.438 704 1,723 3,467 67,)44 10,192 1,974 3,635 89,060 11.148 2,286 Toial 107J67 85,604 Creditor5: Amounts falling due 2ftcr more than one }C11 r 2025 2024 Bounce Back L02n 7J18 7J18 19.566 9. Rtstrictetl fund5 B21211¢C 01.06.24 Incoming resourees Outgoing TransfcTS resources betivecn funds Balane¢ 31.05.2i Over ii's Headstart Primarv Stars N14S Cancer Prehab FUTSAL P.L. Kicks and In¢lusion Veterans Sehool Sport Wildcats Fans Fund Tiiiinning Divert Divert Youth Holidav Activity IcDonalds 196 29 6.927 35,000 4.167 67 35,000 25.000 3.990 406 34.531 167 6,927 3),000 4.167 44) 378 35,000 25,000 i.990 406 41,677 7.146 14,803 30.402 l i,700 5,732 14,803 30,402 li,700 5.732 641 218,804 211,7)4 7,691 10. Anal)'si5 of net assets betii'een funds Tangible Fixed Assets P4ct Current A55ets Liabilities Total 2025 Total 2024 Grants 7.691 7,691 641 7,691 7.691 641 Unrcstrictcd fund5 Gencral fui)ds 12,866 li9,247 (7,318) 164,795 131,2)) 20,557 1>9,247 (7J18) 172.486 131,896 19
ivtORECAMBE F.C. COMMUNITY SPORTS C.I.O NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MAY 202) 11. Control The charity is controlled by the Board of Trustees. 12. Taxation Morecambe F.C. Community Sports is a registered charitable incorporated organi5ation (C.I.O) charity number 1155802. All the Trust's income is applied to its charitable objectives and the charity is, therefore, exempt under current legislation from most forms of taxation. 13. Transaetions ivith Trustees and connected parties The charity has purchased, on normal cominercial tem]s, goods and services and received income frorn businesses in which a Trustee has an interest. Mr R H Taylor is a director in Morecarnbe Care Ltd, a firm the charity received income from during the year to the value of £14,405 (2024: £6,780) of which £7,790 (2024: £J,825) remained outstatLding at the year end. All transactions conformed to the charity's quotation procedures and were authorised by the Trustees independently of the person who had a personal interest in a particular transaction. 20