**Charity registration number 1158404** ## **AFC BARWELL** ## **ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS** **FOR THE YEAR ENDED 31 AUGUST 2023** ## **AFC BARWELL** ## **LEGAL AND ADMINISTRATIVE INFORMATION** **Trustees** S J Ferrar P McCarty J Best **Charity number** 1158404 **Principal address** AFC Barwell Dovecote Way Barwell Leicestershire LE9 8EX **Independent examiner** Thomas Mayfield BA FCA Mayfield & Co 2 Merus Court Meridian Business Park Leicester LE19 1RJ ## **AFC BARWELL** ## **CONTENTS** ||**Page**| |---|---| |Trustees report|1 - 4| |Independent examiner's report|5| |Statement of financial activities|6| |Balance sheet|7| |Notes to the financial statements|8 - 15| ## **AFC BARWELL** ## **TRUSTEES REPORT** ## _**FOR THE YEAR ENDED 31 AUGUST 2023**_ The Trustees present their annual report and financial statements for the year ended 31 August 2023. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the Charitable Incorporated Organisation'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 (FRS 102)" (effective 1 January 2019). ## **Objectives and activities** The purpose of the charity is set out in its governing document. The charity's principal object is the promotion of community participation in healthy recreation for the inhabitants of Barwell and surrounds by the provision of facilities for Association Football. AFC Barwell is an FA Charter Standard Community Football Club operating in Barwell. The club offers football coaching and the opportunity to take part in football matches to around 350 players aged from 3 years old to 18 years old. Through the provision of football, we offer young people the opportunity to gain the skill of teamwork and improve their fitness. Our teams play in matches at weekends and train twice a week. Our aim is to improve the ability of all children and create an opportunity for them to learn in a safe and enjoyable environment. AFC Barwell is a charter standard community club, one of a handful in Leicestershire at the pinnacle of the club development pathway, which has a high quality, multi-team structure with excellent social, training and playing opportunities for all. All new FA Community Clubs are required to meet FA Criteria, ensuring that they provide opportunities for players irrespective of age, gender, religion or ability. Clubs must provide qualified coaches, first aiders and child protection officers. At AFC Barwell we have an excellent array of F.A. trained and qualified coaches and assistants (Playmaker, Level 1 and higher) and youth award qualifications also. All volunteers are CRB checked, hold the F.A. First aid award and child safeguarding trained. AFC Barwell is committed to the technical, social, psychological, and physical development of young players through football. ## **Our aims** 1. To provide quality, safe opportunities for young people of all ages in our community. 2. To help all involved realise their potential, develop personal skills and confidence. 3. To introduce people to football regardless of age, ability, sex, religion, and ethnic background. 4. To improve the performance of players, coaches, and volunteers within the club. 5. To promote good behaviour and respect for others. The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the Charitable Incorporated Organisation should undertake. - 1 - ## **AFC BARWELL** ## **TRUSTEES REPORT (CONTINUED)** _**FOR THE YEAR ENDED 31 AUGUST 2023**_ ## **Achievements and performance** AFC Barwell provides safe and fun football for children of the local community. The club has placed the welfare and safety of our children as our top priority. AFC Barwell has 24 teams with more than 100 volunteer coaches. We have expanded our girls' teams to 3 now which is included in the 24 teams. The activities we undertake allows over 350 children the opportunity to play and participate in football. Over the past twelve months AFC Barwell has continued to invest heavily in equipping and training its coaches to the highest level of any club in the Leicestershire and Rutland County region. All volunteers must be CRB checked and hold the FA Safeguarding award and FA First Aid award as a minimum. All assistant coaches must also hold the FA Playmaker award and our coaches a minimum of FA level 1 award. No coach is allowed to train or attend matches alone and the ratio of player to coach does not exceed 10:1. All coaches have been provided with a winter jacket, coaches hoody and T-shirt, so that they are easily identified by players, parents, and other volunteers. We received money from donations and player subscriptions which enable us to better promote Association Football in Barwell and the surrounding areas. We also received funding from the Football Foundation to improve the standard of our pitches, which were rated as poor by the Leicester City Turf Academy. ## **Resources used in the activities undertaken in the year** The football club made use of donations, sponsorships and player subscriptions to undertake essential repairs and maintenance during the closed season, as well as pay referee fees, ongoing pitch maintenance and training costs. For the first time in its history the club bought all matchday kits for its teams, releasing the burden on team coaches of finding sponsors as there was clear inequalities across the club, with some teams better equipped than others. Following a competition enabling the clubs' young players the opportunity to design the match day kit. A design was chosen via a community Facebook poll. With the player who came second choosing the Leicestershire and Rutland Air Ambulance as the charity to be promoted on the front of the clubs' new kits. ## **The contribution of volunteers** The charity is managed and staffed mainly by volunteers who undertake all tasks essential to the operation of the Football Club. However, during this period we have trialled employing a community and fundraising manager (20 hours a week) to do more in the community, taking some of the burden away from the volunteers. The work and input from our volunteers are recognised as most important and essential to enable the Football Club to continue to function and welcome visitors. Our Football Club plays a vital role in maintaining social activities and health in the local area. - 2 - ## **AFC BARWELL** ## **TRUSTEES REPORT (CONTINUED)** _**FOR THE YEAR ENDED 31 AUGUST 2023**_ ## **Fundraising achievements** The charity was fortunate to receive generous donations and sponsorships in addition to membership subscriptions. The difference that the charity's performance has made to the beneficiaries of the charity is profound. Donations and sponsorship funding has enabled the Football Club to further promote the girls team football. These funds were also used to ensure the Football Club was a safe environment for both visitors and volunteers. We continue to work with other teams to promote Association Football as a sociable and healthy activity. ## **Fundraising achievements** The charity was fortunate to receive generous donations and sponsorships in addition to membership subscriptions. The difference that the charity's performance has made to the beneficiaries of the charity is profound. Donations and sponsorship funding has enabled the Football Club to further promote the girls team football. These funds were also used to ensure the Football Club was a safe environment for both visitors and volunteers. We continue to work with other teams to promote Association Football as a sociable and healthy activity. ## **Financial review** The statement of financial activities on page 6 shows a total income of £118,454 and expenditure of £124,965 across our unrestricted funds and restricted funds. There was unrestricted income of £115,454 and unrestricted expenditure of £121,965. This provides a deficit of £6,511 for the year ended 31 August 2023 and this leaves a surplus of reserves carried forward of £9,665 across unrestricted funds. The restricted income for the year relates to Leicestershire & Rutland Community Foundation grant of £3,000 and there was expenditure of £3,000 matched against this to bring the reserves carried forward down to £nil across restricted funds. Subscriptions were up on the previous year. Purchases for kitchen sales, team kit and pitch rental remain the largest expenditure. ## **Going Concern** The trustees are confident that the charity remains a going concern with a positive balance sheet. The charity is in a reasonable position financially, but the trustees recognise the need to keep income and expenditure under control. ## **Reserve Policy** The trustees have examined the charity's requirements for free unrestricted reserves in light of the main risks to the charity. They have established a policy whereby the unrestricted reserves of the charity need to cover not less than six to eight months of expenditure on utilities, insurance and building maintenance. The present level of reserves are in a surplus of £9,665 and is considered adequate to comply with the charity's stated reserve policy and so the trustees are content with the current level of reserves. - 3 - ## **AFC BARWELL** ## **TRUSTEES REPORT (CONTINUED)** ## _**FOR THE YEAR ENDED 31 AUGUST 2023**_ ## _**Risk Policy Statement**_ As part of their overall duties of management, the trustees must ensure that the major risks to which the group is exposed are reviewed and that systems are established to mitigate those risks. The trustees consider that a major risk is one, which if it materialised, would have a significant adverse impact on the charities ability to function and achieve its purposes as identified in its Memorandum and Articles of Association. The trustees recognise that risks can arise not only from the charities activities but also from failure to act or exploit opportunities. The trustees regular review all known risks to the organisation. ## **Structure, governance and management** AFC Barwell is governed by its constitution which is registered with the Charity Commission. This was last updated on 1st September 2014. Its principle operating address is The Pavilion, Dovecote Way, Barwell, Leicestershire, LE9 8EX. The Trustees who served during the year and up to the date of signature of the financial statements were: S J Ferrar P McCarty J Best Usually prospective trustees are suggested by existing trustees and invited to attend meetings with a view to possible recruitment. The wider membership is also encouraged to consider taking on the wider trustee role. The opportunity is open to anyone interested in promoting the Objects who: 1. Applies in the form required by the Trustees 2. Is approved by the Trustees 3. Signs the register of Company Members or consents in writing to becoming a member 4. Is DBS checked 5. Holds the FA Safeguarding award ## **Organisational structure.** The trustees have ultimate responsibility for the management of the football club. The chairman and vice-chairman are appointed by the board. The Football Club is managed and staffed entirely by volunteers. The Trustees report was approved by the Board of Trustees. P McCarty J Best **Trustee Trustee** 31 May 2024 - 4 - ## **AFC BARWELL** ## **INDEPENDENT EXAMINER'S REPORT** ## **TO THE TRUSTEES OF AFC BARWELL** I report to the Trustees on my examination of the financial statements of AFC Barwell (the Charitable Incorporated Organisation) for the year ended 31 August 2023. ## **Responsibilities and basis of report** As the Trustees of the Charitable Incorporated Organisation you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (the 2011 Act). I report in respect of my examination of the Charitable Incorporated Organisation’s financial statements carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. ## **Independent examiner's statement** Your attention is drawn to the fact that the charity has prepared financial statements in accordance with Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn. I understand that this has been done in order for financial statements to provide a true and fair view in accordance with Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015. I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: - 1 accounting records were not kept in respect of the Charitable Incorporated Organisation as required by section 130 of the 2011 Act; or - 2 the financial statements do not accord with those records; or - 3 the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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. 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 financial statements to be reached. ## **Thomas Mayfield BA FCA** Mayfield & Co 2 Merus Court Meridian Business Park Leicester LE19 1RJ Dated: 31 May 2024 - 5 - ## **AFC BARWELL** ## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT** ## _**FOR THE YEAR ENDED 31 AUGUST 2023**_ |**Unrestricted**
**Restricted**
**funds**
**funds**
**2023**
**2023**
**Notes**
**£**
**£**
**Income from:**
Donations and legacies
**3**
12,416
3,000
Charitable activities
**4**
711
-
Other trading activities
**5**
102,297
-
Investments
**6**
30
-
**Total income**
115,454
3,000
**Expenditure on:**
Raising funds
**7**
48,143
-
Charitable activities
**8**
73,822
3,000
**Total expenditure**
121,965
3,000
**Net expenditure for the year/**
**Net movement in funds**
(6,511)
-
Fund balances at 1 September 2022
16,176
-
**Fund balances at 31 August 2023**
9,665
-|**Total**
**Unrestricted**
**funds**
**2023**
**2022**
**£**
**£**
15,416
9,763
711
-
102,297
51,488
30
5
118,454
61,256
48,143
25,108
76,822
38,332
124,965
63,440
(6,511)
(2,184)
16,176
18,360
9,665
16,176| |---|---| The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. - 6 - ## **AFC BARWELL** ## **BALANCE SHEET** ## _**AS AT 31 AUGUST 2023**_ |**Notes**
**Fixed assets**
Tangible assets
**13**
**Current assets**
Debtors
**14**
Cash at bank and in hand
**Creditors: amounts falling due within one**
**year**
**15**
Net current assets
**Total assets less current liabilities**
**Income funds**
Unrestricted funds|**2023**
**£**
323
13,481
13,804
(4,663)|**£**
524
9,141
9,665
9,665
9,665|**2022**
**£**
5,527
13,044
18,571
(2,420)|**£**
25
16,151| |---|---|---|---|---| |||||16,176| |||||16,176| |||||16,176| The financial statements were approved by the Trustees on 31 May 2024 S J Ferrar **Trustee** - 7 - ## **AFC BARWELL** ## **NOTES TO THE FINANCIAL STATEMENTS** _**FOR THE YEAR ENDED 31 AUGUST 2023**_ ## **1 Accounting policies** ## **Charity information** AFC Barwell, the charity, was constituted as a Charitable Incorporated Organisation (CIO) with voting members other than its charity trustees. There are no restrictions in the governing documents on the operation of the charity or on its investment powers other than those imposed by Charity Law. ## **1.1 Accounting convention** The financial statements have been prepared in accordance with the Charitable Incorporated Organisation's governing document, the Charities Act 2011, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019). The Charitable Incorporated Organisation is a Public Benefit Entity as defined by FRS 102. The Charitable Incorporated Organisation has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows. The financial statements are prepared in sterling, which is the functional currency of the Charitable Incorporated Organisation. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below. ## **1.2 Going concern** At the time of approving the financial statements, the Trustees have a reasonable expectation that the Charitable Incorporated Organisation has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees continue to adopt the going concern basis of accounting in preparing the financial statements. ## **1.3 Charitable funds** Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable objectives. Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements. ## **1.4 Income** Income is recognised when the Charitable Incorporated Organisation is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received. Cash donations are recognised on receipt. Other donations are recognised once the Charitable Incorporated Organisation has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. - 8 - ## **AFC BARWELL** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 AUGUST 2023**_ ## **1 Accounting policies** **(Continued)** ## **1.5 Expenditure** Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use. ## **1.6 Tangible fixed assets** Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases: Plant and machinery 20% on net book value Computers 20% on net book value The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities. ## **1.7 Impairment of fixed assets** At each reporting end date, the Charitable Incorporated Organisation reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). ## **1.8 Cash and cash equivalents** Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. ## **1.9 Financial instruments** The Charitable Incorporated Organisation only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measures at their settlement value with the exception of bank loans, which are subsequently measured at amortised cost using the effective interest method. ## _**Derecognition of financial liabilities**_ Financial liabilities are derecognised when the Charitable Incorporated Organisation’s contractual obligations expire or are discharged or cancelled. ## **1.10 Retirement benefits** Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due. - 9 - ## **AFC BARWELL** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 AUGUST 2023**_ ## **2 Critical accounting estimates and judgements** In the application of the Charitable Incorporated Organisation’s accounting policies, the Trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods. ## **3 Donations and legacies** |**Unrestricted**
**Restricted**
**funds**
**funds**
**2023**
**2023**
**£**
**£**
Donations and gifts
150
-
Other general grants
12,266
3,000
12,416
3,000
**Donations and gifts**
General donations
-
-
Earl Shilton Building Society
150
-
150
-
**Grants receivable for core activities**
The Football Foundation
12,266
-
Leicestershire & Rutland Community Foundation
-
3,000
12,266
3,000|**Total**
**Unrestricted**
**funds**
**2023**
**2022**
**£**
**£**
150
9,763
15,266
-
15,416
9,763
-
9,763
150
-
150
9,763
12,266
-
3,000
-
15,266
-|**Total**
**Unrestricted**
**funds**
**2023**
**2022**
**£**
**£**
150
9,763
15,266
-
15,416
9,763
-
9,763
150
-
150
9,763
12,266
-
3,000
-
15,266
-| |---|---|---| |||9,763| |||9,763
-| |||9,763| |||-
-| |||-| ## **4 Charitable activities** ||**Unrestricted**|**Unrestricted**| |---|---|---| ||**funds**|**funds**| ||**2023**|**2022**| ||**£**|**£**| |Charitable rental income|711|-| - 10 - ## **AFC BARWELL** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 AUGUST 2023**_ |**5**
**6**
**7**|**Other trading activities**
**Unrestricted**
**Unrestricted**
**funds**
**funds**
**2023**
**2022**
**£**
**£**
Membership subscriptions
78,660
41,766
Shop income, kitchen sales, admission fees and lottery
4,145
3,715
Sponsorship income
12,575
6,007
Fundraising
6,917
-
Other trading activities
102,297
51,488
**Investments**
**Unrestricted**
**Unrestricted**
**funds**
**funds**
**2023**
**2022**
**£**
**£**
Interest receivable
30
5
**Raising funds**
**Unrestricted**
**Unrestricted**
**funds**
**funds**
**2023**
**2022**
**£**
**£**
Fundraising and publicity
Fundraising purchase costs
48,143
25,108
48,143
25,108|**Other trading activities**
**Unrestricted**
**Unrestricted**
**funds**
**funds**
**2023**
**2022**
**£**
**£**
Membership subscriptions
78,660
41,766
Shop income, kitchen sales, admission fees and lottery
4,145
3,715
Sponsorship income
12,575
6,007
Fundraising
6,917
-
Other trading activities
102,297
51,488
**Investments**
**Unrestricted**
**Unrestricted**
**funds**
**funds**
**2023**
**2022**
**£**
**£**
Interest receivable
30
5
**Raising funds**
**Unrestricted**
**Unrestricted**
**funds**
**funds**
**2023**
**2022**
**£**
**£**
Fundraising and publicity
Fundraising purchase costs
48,143
25,108
48,143
25,108| |---|---|---| |||25,108| - 11 - ## **AFC BARWELL** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 AUGUST 2023**_ ## **8 Charitable activities** |**Unrestricted**
**funds**
**Restricted**
**funds**
**2023**
**2023**
**£**
**£**
Staff costs
3,343
3,000
Depreciation and impairment
125
-
Light and heat
3,211
-
Cleaning
1,625
-
Referee fees
4,245
-
Training courses
6,302
-
Sundry expenses
5,028
-
TV licence
159
-
Repairs and maintenance
1,616
-
Pitch maintenance
12,838
-
Telephone
411
-
Rent, pitch hire and winter training costs
28,722
-
Fines
1,091
-
Affiliation costs
2,587
-
Other charitable expenditure
59
-
71,362
3,000
Share of support costs (see note 9)
60
-
Share of governance costs (see note 9)
2,400
-
73,822
3,000
**Analysis by fund**
Unrestricted funds
73,822
-
Restricted funds
-
3,000
73,822
3,000|**Total**
**2023**
**Unrestricted**
**funds**
**2022**
**£**
**£**
6,343
-
125
-
3,211
5,829
1,625
485
4,245
2,266
6,302
3,088
5,028
4,752
159
159
1,616
2,209
12,838
4,636
411
362
28,722
8,669
1,091
15
2,587
3,065
59
-
74,362
35,535
60
357
2,400
2,440
76,822
38,332
73,822
38,332
3,000
-
76,822
38,332| |---|---| - 12 - ## **AFC BARWELL** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 AUGUST 2023**_ ## **9 Support costs** |**Support costs**||| |---|---|---| |**Support costs**
**Governance**
**costs**
**£**
**£**
Bank charges
60
-
Website and software
-
-
Independent examiner fees
-
1,200
Accountancy
-
1,200
60
2,400
Analysed between
Charitable activities
60
2,400|**2023 Support costs**
**Governance**
**costs**
**£**
**£**
**£**
60
40
-
-
317
-
1,200
-
1,000
1,200
-
1,440
2,460
357
2,440
2,460
357
2,440|**2022**
**£**
40
317
1,000
1,440| |||2,797| |||2,797| Governance costs includes payments to the independent examiners of £1,200 (2022- £1,000) for examination fees. There were also payments to the previous accountants of £1,200 for payroll fees. ## **10 Trustees** None of the Trustees (or any persons connected with them) received any remuneration or benefits from the Charitable Incorporated Organisation during the year. ## **11 Employees** The average monthly number of employees during the year was: ||**2023**|**2022**| |---|---|---| ||**Number**|**Number**| ||1|-| |**Employment costs**|**2023**|**2022**| ||**£**|**£**| |Wages and salaries|5,941|-| |Social security costs|112|-| |Other pension costs|290|-| ||6,343|-| There were no employees whose annual remuneration was more than £60,000. - 13 - ## **AFC BARWELL** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 AUGUST 2023**_ ## **12 Taxation** The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. ## **13 Tangible fixed assets** |**Plant and**
**machinery**
**Computers**
**£**
**£**
**Cost**
At 1 September 2022
25
-
Additions
-
624
At 31 August 2023
25
624
**Depreciation and impairment**
Depreciation charged in the year
-
125
At 31 August 2023
-
125
**Carrying amount**
At 31 August 2023
25
499
At 31 August 2022
25
-|**Total**
**£**
25
624| |---|---| ||649| ||125| ||125| ||524| ||25| Depreciation is no longer charged as the Trustees believe the current carrying value is fair and consistent. An impairment review is carried out regularly to assess the carrying value of the assets. ## **14 Debtors** |**14**
**Debtors**||| |---|---|---| |**Amounts falling due within one year:**
VAT recoverable
**15**
**Creditors: amounts falling due within one year**
Trade creditors
Accruals and deferred income|**2023**
**£**
323
**2023**
**£**
2,243
2,420
4,663|**2022**
**£**
5,527| |||**2022**
**£**
-
2,420| |||2,420| ## **16 Related party transactions** There were no disclosable related party transactions during the year (2022 - none). - 14 - ## **AFC BARWELL** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 AUGUST 2023**_ ## **17 Unrestricted funds** These are unrestricted funds which are material to the charity's activities made up as follows: ||||**Movement in funds**|**Movement in funds**||**Movement in funds**|**Movement in funds**|| |---|---|---|---|---|---|---|---|---| |||**Balance at**|**Incoming**|**Resources**|**Balance at**|**Incoming**|**Resources**|**Balance at**| ||**1**|**September**|**resources**|**expended**|**1 September**|**resources**|**expended**|**31 August 2023**| |||**2021**|||**2022**|||| |||**£**|**£**|**£**|**£**|**£**|**£**|**£**| |General||18,360|61,256|(63,440)|16,176|115,454|(121,965)|9,665| - 15 - ## **AFC BARWELL** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 AUGUST 2023**_ ## **17 Restricted funds** These are restricted funds which are material to the charity's activities made up as follows: |||||**Movement in funds**|**Movement in funds**|||**Movement in funds**|**Movement in funds**|| |---|---|---|---|---|---|---|---|---|---|---| |||**Balance at**|**Incoming**|**Resources**|**Transfers**|**Revaluations,**|**Balance at**|**Incoming**|**Resources**|**Balance at**| ||**1**|**September**|**resources**|**expended**||**gains and losses**|**1 September**|**resources**|**expended**|**31 August 2023**| |||**2021**|||||**2022**|||| |||**£**|**£**|**£**|**£**|**£**|**£**|**£**|**£**|**£**| |Leicestershire & Rutland Community Foundation||-|-|-|-|-|-|3,000|(3,000)|-| - 16 - ## **Signature Certificate** Reference number: C6ZZL-KCV2W-W5YUT-ZWEYA ## **Signer** **Timestamp** ## **Signature** ## **James Best** Email: footballtrustee@afcbarwell.com Shared via link Sent: Viewed: Signed: 31 May 2024 13:39:36 UTC 31 May 2024 13:45:41 UTC 31 May 2024 13:45:54 UTC IP address: 86.156.203.29 Location: Hinckley, United Kingdom ## **Paul McCarty** Email: businesstrustee@afcbarwell.com Shared via link Sent: Viewed: Signed: 31 May 2024 13:39:36 UTC 31 May 2024 14:54:19 UTC 31 May 2024 14:54:43 UTC IP address: 86.8.137.237 Location: Hinckley, United Kingdom ## **Thomas Mayfield** Email: tom@mayfieldandco.co.uk Shared via link Sent: Viewed: Signed: 31 May 2024 13:39:36 UTC 04 Jun 2024 11:34:45 UTC 04 Jun 2024 11:35:05 UTC IP address: 109.73.121.1 Location: Islington, United Kingdom Document completed by all parties on: 12 Jun 2024 15:51:18 UTC Page 1 of 2 ## **Signed with PandaDoc** PandaDoc is a document workflow and certified eSignature solution trusted by 50,000+ companies worldwide. ## **Signature Certificate** Reference number: C6ZZL-KCV2W-W5YUT-ZWEYA ## **Signer** ## **Timestamp** ## **Signature** ## **Samuel Ferrar** Email: samjferrar@gmail.com Shared via link Sent: Viewed: Signed: 31 May 2024 13:39:36 UTC 12 Jun 2024 15:51:02 UTC 12 Jun 2024 15:51:18 UTC IP address: 86.9.161.111 Location: Hinckley, United Kingdom Document completed by all parties on: 12 Jun 2024 15:51:18 UTC Page 2 of 2 ## **Signed with PandaDoc** PandaDoc is a document workflow and certified eSignature solution trusted by 50,000+ companies worldwide.