**CHARITY REGISTRATION NUMBER: 1158967** 

## **Cosby United Youth & Junior Football Club Unaudited Financial Statements** 

# **5 April 2024** 



## **Cosby United Youth & Junior Football Club** 

## **Financial Statements** 

## **Year ended 5 April 2024** 

||**Page**|
|---|---|
|Trustees' annual report|**1**|
|Independent examiner's report to the trustees|**2**|
|Statement of financial activities|**3**|
|Statement of financial position|**4**|
|Notes to the financial statements|**5**|





**Cosby United Youth & Junior Football Club** 

## **Trustees' Annual Report** 

## **Year ended 5 April 2024** 

The trustees present their report and the unaudited financial statements of the charity for the year ended 5 April 2024. 

## **Reference and administrative details** 

**Registered charity name** Cosby United Youth & Junior Football Club **Charity registration number** 1158967 **Principal office** Park Road Cosby Leicestershire 

## **The trustees** 

Mr Woolerton Mr Phillips 

The trustees' annual report was approved on 13 Jan 2025 and signed on behalf of the board of trustees by: 

Mr Woolerton Trustee 

**1** 



## **Cosby United Youth & Junior Football Club** 

## **Independent Examiner's Report to the Trustees of Cosby United Youth & Junior Football Club** 

## **Year ended 5 April 2024** 

I report to the trustees on my examination of the financial statements of Cosby United Youth & Junior Football Club ('the charity') for the year ended 5 April 2024. 

## **Responsibilities and basis of report** 

As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (‘the Act’). 

I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. 

## **Independent examiner's statement** 

I have completed my examination. I confirm that no material 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 charity as required by section 130 of the 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 accounts to be reached. 

Aims Accountants 

**2** 



## **Cosby United Youth & Junior Football Club** 

## **Statement of Financial Activities** 

## **5 April 2024** 

|||**2024**|2023|
|---|---|---|---|
|||**Total funds**|Total funds|
||**Note**|**£**|£|
|**Income and endowments**||||
|Charitable activities|**4**|43,799|35,952|
|Investment income|**5**|59|21|
|||`────────`|`────────`|
|**Total income**||43,858|35,973|
|||`════════`|`════════`|
|**Expenditure**||||
|Expenditure on raising funds:||||
|Costs of raising donations and legacies|**6**|51,139|44,919|
|||`────────`|`────────`|
|**Total expenditure**||44,053|44,919|
|||`════════`|`════════`|
|||`────────`|`────────`|
|**Net expenditure and net movement in funds**||(7,281)|(8,946)|
|||`════════`|`════════`|
|**Reconciliation of funds**||||
|Total funds brought forward||35,587|44,533|
|||`────────`|`────────`|
|**Total funds carried forward**||28,306|35,587|
|||`════════`|`════════`|



The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. 

**The notes on pages 5 to 9 form part of these financial statements.** 

**3** 



## **Cosby United Youth & Junior Football Club** 

## **Statement of Financial Position** 

## **5 April 2024** 

|||**2024**|2023|
|---|---|---|---|
|||**£**|£|
|**Fixed assets**||21,258|28,344|
|**Current assets**||||
|Cash at bank and in hand||9,428|8,363|
|||`────────`|`────────`|
|**Current liabilities**||||
|Trade creditors||(2,380)|(1,120)|
|**Net current assets**||7,048|6,187|
|||`────────`|`────────`|
|**Total assets less current liabilities**||28,306|35,587|
|||`════════`|`════════`|
|**Funds of the charity**||||
|Unrestricted funds||28,306|35,587|
|||`────────`|`────────`|
|**Total charity funds**|**7**|28,306<br>`════════`|35,587<br>`════════`|



These financial statements were approved by the board of trustees and authorised for issue on 13 Jan 2025, and are signed on behalf of the board by: 

Mr Woolerton Trustee 

**The notes on pages 5 to 9 form part of these financial statements.** 

**4** 



**Cosby United Youth & Junior Football Club** 

## **Notes to the Financial Statements** 

## **Year ended 5 April 2024** 

## **1. General information** 

The charity is registered charity in England and Wales and is unincorporated. The address of the principal office is Park Road, Cosby, Leicestershire. 

## **2. Statement of compliance** 

These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the 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) (Charities SORP (FRS 102)) and the Charities Act 2011. 

## **3. Accounting policies** 

## **Basis of preparation** 

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure. 

The financial statements are prepared in sterling, which is the functional currency of the entity. 

## **Going concern** 

There are no material uncertainties about the charity's ability to continue. 

## **Fund accounting** 

Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes. 

Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment. 

Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds. 

**5** 



## **Cosby United Youth & Junior Football Club** 

## **Notes to the Financial Statements** _**(continued)**_ 

## **Year ended 5 April 2024** 

## **4. Charitable activities** 

|||**Total Funds**|Total Funds|
|---|---|---|---|
|||**2024**|2023|
|||**£**|£|
||Income from charitable activities|43,799|35,952|
|||`════`|`═══════`|
|**5.**|**Investment income**|||
|||**Total Funds**|Total Funds|
|||**2024**|2023|
|||**£**|£|
||Bank interest receivable|59|21|
|||`════`|`════`|
|**6.**|**Costs of raising donations and legacies**|||
|||**Total Funds**|Total Funds|
|||**2024**|2023|
|||**£**|£|
||Subscriptions - purchases|50,629|43,475|
||Subscriptions - other office costs|510|1,443|
|||`────────`|`────────`|
|||51,139|44,919|
|||`════════`|`════════`|



## **7. Analysis of charitable funds** 

## **Unrestricted funds** 

|||**At**|**At**|
|---|---|---|---|
||**5**|**April 2024**|**6 April 2023**|
|||£|£|
|General funds||28,306|35,587|
|||`════════`|`════════`|



**6**