Registered number.. 09581611 Charity number.. 1161923 Forest United (1973) Youth Football Club Limited (A company limited by guarantee) Unaudlted Trustees. report and financial statements For the year ended 30 June 2025 Forest United {19731 Youth Football Club Limited (A company Ilmlted by guarnntee) Contents Page Reference and admlnlstratlve detalls of the Charfty. Its TNstees and advlsers Trusteos. roport Statement of flnanclal actlvStles Balance sheot Notes to the flnanclal statements 7-13 Forest United {19731 Youth Football Club Limited (A company Ilmlted by guarnntee) Reference and adrninistrative details of the Charity. its Trustee5 and advisers For the year ended 30 June 202S Trustees L Dowman, Chairman A J Bennett, Treasurer R Page, Trustee P Pilides, Trustee S Wade, Trustee {resigned 24 September 20251 Company registered number 09581611 Charlty reglstered number 1161923 Rtglstered offlc• Two Hoots, Distillery Lane. Colchesler. Essex. C02 8EZ Accountsnts Kreston Reeves LLP, Maritime Place. Quayside. Chatham Maritime, Chalham. Kent, ME4 4QZ Independent examlner J A Peach FCA, Kreston Reeves LLP, Chartered Accountants, Maritime Place, Quayside, Chatham Maritime, Chatham, Kent, ME4 4QZ Forest United {19731 Youth Football Club Limited (A company Ilmlted by guarnntee) Trustees. report For the year ended 30 June 2025 The Trustees present their annual report together with the financial statements of the Charity for the year ended 30 June 2025. The Annual report serves the purposes of both a Trustees. report and a Directors, report under company law. The trustees have adopted the provisions of the Statement of Recommended Practice ISORPI 'Accounling and Reporting by Charities" in preparing the annual ￿port and financial statements of the charity. The financial statements have been prepared in accordance with the accounting policies set out in notes to the accounts and comply wth the charity's goveming document. the Charities Act 2011 and Accounting and Reporting by Charities.. Stslement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland published in October 2019. Since the Charity qU81ifies as small under section 382 of the Cofflpanies Act 2006. the strategic report required of medium and large companies under the Companies Act 2006 Islralegic Report and Directors, Report) Regulations 2013 has been omitted. Oblgctlves and actlvltl88 Pollcles and oblectlves To promote community participation of children and young people regardless of race, sex, creed. financial means or social, and economic circumstances in healthy recreation. In particular by the provision of facilities for the playing of association football and other sports capable of improvin9 health. In selling objectives and planning for activities. the Trustees have given due consideration lo general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit.. running a charity IPB21'. b. Volunteers The Club is run entirely by volunteers and we maintained a workforce of 13 over the p8St fisc81 ye8r12024.' 201. Achievements and perfomiance a. Review of aGtiviti95 With our affiliation through the Middlesex County Football Association. the Club provided weekly opportunities for young people to play football. This included facilitating competitive football matches in various affiliated Igagues. Flnanclal revlew . Golng concern After making appropriate enquines, the Trustees have a reasonable expectstion that the Charity has adequate resources lo continue in operational existence for the foreseeable future. For this reason, they continue lo adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies. In relation to the current reserves position. please see below conffimiing going concem. Forest United {19731 Youth Football Club Limited (A company Ilmlted by guarnntee) Trustee5' report (continued) For the year ended 30 June 2025 b. Resepies policy The Trustees aim lo maintain the level of free reserves held by the Charity at approximately six months worth of their expected expenditure. Al the year end, designated reserves amounted to £35,588 12024.. £35.5881 and free reserves amounted lo (£989112024.. (£49411 fTee reserves are lower than the current sy)li￿. The trustees are aware of this and the need for targeted fundrasising and can confimi that the current year position is back in line with the policy. Structure. governance and management Constitutlon Forest United 119731 Youth Foolball Club Limited is registered as a charitsble company limited by guarantee and was sel up by a Memorandum of Association. b. Methods of appolntment or electlon of Trustees The management of the Charity is the responsibility of the Trustees who are elected and co-opted under the terms of the Memorandum of Association. . Organlsatlonal structur• and dècSslonwmakSng pollcles The Trustees delegate day to day managemenl to an Executive Committee whi¢h meets al least quarterly. The Executive Committee is assisted by a Management Committee which meets as and when required. Any decisions requiring a vole are carried by a simple majority. Plans for future perlods In July 2023, the club agreed Heads of Temis lo enter into an Agreement lo Lease pursuant lo the development of a new tsvo team changing room football pavilion with social space and associated ancillary spaces. The Agreement to Lease wll provide that a new lease will be granted subject lo the conditions of the Agreement lo Lease. Further. conditional planning permission of the prowsed development was granted in October 2023. Securing 'Malched Funding, to proceed wth the development project proved to be far more problematic than had been envisaged. From the very beginning of the season the changing facilities. leased from the London Borough of Brent, for all home games were decommissioned due to a fire. The service was neither repaired or alternative provided, causing huge disruption to the norTnal running of the Club. The situation led to a loss of key personnel. further exacerbating the situation alld thwarting efforts lo attract fundin9. Though the Planning Consent remains in place. pursuing a development for a Club that needs to grow lo justify such a project seems unlikely to SUc￿ed at this time. Members. liability The Members of the Charity guarantee to contribute an amount not exceeding £1 to the assets of the Charity in the event of winding up. Forest United {19731 Youth Football Club Limited (A company Ilmlted by guarnntee) Trustee5' report (continued) For the year ended 30 June 2025 Statement of Trustees. responsibilities The Trustees (who are also the diredors of the Chanty for the purposes of company lawl are responsible for preparing the Trustees. report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally A￿pted Accounting Practice). Company law requires the Trustees lo prepare financial statements for each financial Under company law, the Trustees must not approve the financial slatements unless they are satisfied that they give a true and fair view of the slate of affairs of the Charity and of its incoming resources and application of reSoUr￿s, including ils income and expenditure, for that period. In preparing these financial statements, the Trustees are required to.. select suitable accounling policies and then apply them consislenlly-, observe the methods and principles of Ihe Charities SORP IFRS 102): make judgments and accounting estimates that are reasonable and prudent- stale whether applicable UK Accounting Standards {FRS 1021 have been followed. subject lo any material departures disclosed and explained in the financial statements.. prepare the financial statements on the going concern basis unless it is inappropriate to presume that th8 Charity will continue in business. The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Charills transactions and disclose with reasonable accuracy al any lime the financial position of the Charity and enable them lo ensure that the financial slalements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Charity and hence for tsking reasonable steps for the prevention and detection of fraud and other irregulanties. Approved by order of the members of the board of Trustees and signed on their behalf by.. A J 8•nn•tt Dale.. 24 March 2026 Forest United {19731 Youth Football Club Limited (A company Ilmlted by guarnntee) Statement of financial activities lincon)orating income and expenditure account) For the year ended 30 June 2025 Unrestricted funds 2025 Total funds 2025 Total funds 2024 Note Incomo from: Donations and legacies Ch8rilabl8 aclivitses 15,100 10,410 67 16.727 16.727 Investments Total Income 16.731 16,731 25,577 Expendlture on: Raising fund$ Charilablg activits8S 2.058 27,856 17,226 17,226 Total expendlture 17.226 17,226 29,914 Net movement In funds 14951 14951 14,3371 Reconclllatlon of funds". Total funds brought forward Nel movement in funds 35.094 14951 35,094 14951 39,431 14,3371 Total funds carrled forward 34,599 34,599 35,094 The Statement of financial activities includes all gains and losses re(>)gnised in the year. The notes on pages 7 10 13 fom part of these financial sl8temenls. Forest United {19731 Youth Football Club Limited IA company limited by guarantee) Registered number.. 09581611 Balance sheet As at 30 June 2025 2025 2024 Note Tangible assets Current assets 35.588 35,588 Cash at bank and in hand Current Ilabllltles 1.405 2.794 Creditors.. amounts falling due within one year 10 {2,394) 13.2881 Net current liabilitigs 1989} 14941 Total net assets 34.599 35,094 Charlty funds Unreslricled funds 11 34.599 35,094 Total funds 34,599 35,094 The Charity was entitled lo exemption from audit under section 477 of the Companies Act 2006. The members have not required the company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006. The Trustees acknowledge their Teswnsibilities for complying with the requirements of the Act with respect lo accounting records and preparation of financial statements. The financial statements have been prepared in accordance with the provisions applicable lo entities subject lo the small companies regime. The financial ststements were approved and auth(ffised for issue by the Trustees and signed on their behalf by.. AJ Bennett Dale.. 24 March 2026 The notes on pages 7 10 13 form part of these financial statements. Forest United {19731 Youth Football Club Limited (A company Ilmlted by guarnntee) Notes to the financial statements For the year ended 30 June 2025 General infomiation Forest United {19731 Youth Football Club Limited is a charitable company limited by guarantee and is incorporated in England & Wales, with the charity registration number 1161923 and the company registration number 09581611. The address of the registered office is Two Hoots, Distillery Lane, Colchesler, England, C02 8EZ. Accountlng pollcles 2.1 Basls of preparatlon of flnanclal statements The financial slalemenls have been prepared in accordance with the Charities SORP IFRS 1021- 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 1021 leffective 1 January 20191. the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 and the Companies Act 2006. Forest United119731 Youth Football Club Limited meet$ the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised al hi$tori¢al ￿$t or Iransa¢lion value unless otherwise staled in the relevant accounting policy. 2.2 Golng concom The Trustees assess whether the use of going concem is appropriate i.e. whether Ihore are any material uncertainties related to events or conditions that may cast significant doubt on the ability of the Charity lo continue as a going concern. The Trustees make this assessment in respect of a period ol al least one year from the dale of aulhorisalion for issue of the financial statements and have concluded that the Charity has adequate resources lo conlinue in operational existence for the foreseeable future and there are no material uncertainties about the Charity's ability lo continue as a going concern, thus they continue to adopt the 90iTrJ concem basis of accounting in preparing the financial slalemenls. 2.3 Income All income is recognised once the Charity has entillemenl lo the income, il is probable that the income will be received and the amount of income receivable can be measured reliably. Income tax recoverable in relation lo investment income is recognised at the lime the investment income is receivable. 2.4 Expenditure Expenditure is recognised once there is a legal or constnjclive obligation lo transfer economic benefit lo 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 on raising funds indudes all expenditure incurred by the Charity to raise funds for ils charitable purposes and includes costs of all fvndraising activilies events and non-charilable trading. Expenditure on charilable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs. All expenditure is inclusive of irrecoverable VAT. Forest United {19731 Youth Football Club Limited (A company Ilmlted by guarnntee) Notes to the financial statements For the year ended 30 June 2025 Accounting policies Icontinuedl 2.5 Interest recelvable Interest on funds held on deposit is induded when receivable and the amount can be measured reliably by the Charity: this is nomially upon notification of the interest paid or payable by the institution with whom the funds are dep)sited. 2.6 Taxatlon The Ch8rity 1$ ¢￿sidered to pass the tests sel out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it rneels the definition of a charitable company for UK corporation tax purposes. Accordingly, the Charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992. to the extent that such income or gains are applied exclusively to chanlable purposes. 2.7 Tanglble flxgd assets and depreclatlon Tangible fixed assets costing £200 or more are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably. Tangible fixed assets are initially recognised at cost. After recognition. under the cost model, tsngible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. ￿1 costs incurred to bnng a langible fixed asset into ils intended working condition should be induded in the measurement of cost. Depreciation is charged so as lo allocate the cost of tangible fixed assets less their residual value over their estimated useful lives. using the slraighl-line method. Depreciats'on Is provided on the following basis.. Long-temi leasehold propety useful lrfe of 30 years 2.8 Cash at bank and in hand Cash at bank and in hand includes Cash and short-term highly liquid investments with a short maturity of three months or less from the dale of acquisition or opening of the deposit or similar account. 2.9 Liabilities and provisions Liabilities are recognised when there is an obligation al the balance sheet dale as a result of a past event, il is probable that a transfer ol economic benefil will be required in selllemenl, and the amount of the settlement can be estimated reliably. Liabilities are recognised al the amount that the Charity anticipates il will pay lo settle the debt or the amount il has received as advanced payThenls for the goods or services il musl provide. Provisions are measured al the best estimate of the amounts required lo settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rale that reflects the risks specific to the liability. The unwinding of the dis￿Unt is recognised in the statement of financial activities as a finance cost. Forest United {19731 Youth Football Club Limited (A company Ilmlted by guarnntee) Notes to the financial statements For the year ended 30 June 2025 Accounting policies Icontinuedl 2.10 FlnancSal Instruments The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instnjments. Basic financial inslnJmenls are initially recognised at transaction value and subsequently measured at their settlement value. 2.11 Fund accountlng General funds are unrestri¢ted lunds which are av8i18ble for use at the digeretion of the Tru$tee$ in lurtherance of the general objectives of the Charity and whith have not been designated for other purposes. Designated ftjnds comprise unreslricled funds that have been set aside by the Trustees for parti'cular purposes. The aim and use of each designated fund is Sel out in the notes lo the financial statements. Income from donations andlogacies Unrestricted funds 2025 Total funds 2025 Total funds 2024 Donations 15,100 Income from charltable actlvltles Unrestrlcted funds 2025 Total funds 2025 Total funds 2024 Player registration fees 16,727 16,727 10.410 Forest United {19731 Youth Football Club Limited (A company Ilmlted by guarnntee) Notes to the financial statements For the year ended 30 June 2025 Investment income Unrestrlcted funds 2025 Total funds 2025 Total funds 2024 Bank interest 67 Ralslng funds Unre$trlcted funds 2025 ToLIl funds 2025 Tol81 fvnds 2024 Social activities 2,058 Analy818 of expondlture by actlvltle8 Activitie5 undertaken diroctly 2025 Support costs 2025 Total funds 2025 To181 funds 2024 Charitable activities 14,560 2,666 17.226 27,856 Total 2024 17.896 9,960 27,856 Forest United {19731 Youth Football Club Limited (A company Ilmlted by guarnntee) Notes to the financial statements For the year ended 30 June 2025 Analysis of expenditure by activities (continued) Analysls of dlrect costs Total funds 2025 Total funds 2024 Actlvltles 2025 County affiliation Fines Inel} League affiliation Match officials 618 2,023 367 1,625 5,857 7,406 738 375 1.529 5.490 6,428 738 375 1.529 5,490 6,428 Pitch hire Training pitch hire 14.560 14,560 17,896 Analysls of support costs Total funds 2025 Total funds 2024 Actlvltles 2025 Cornputer and intemel expenses Education and training Dues and subscriptions Kil and equipment Independent examination lee Professional fees 1.342 1,342 1,138 40 68 5,624 2,310 780 390 390 Refreshments 150 150 2.666 2,666 9,960 Trustees. reffluneration and expenses During the year, no Trustees re￿iVed any rernuneration or other benefils12024- £NIL}. During the year ended 30 June 2025. no Trustee expenses have been incurred12024- £NILI. Forest United {19731 Youth Football Club Limited (A company Ilmlted by guarnntee) Notes to the financial statements For the year ended 30 June 2025 Tangible fixed assets Long-term leasehold propgrty Cost or valuation Al 1 July 2024 35.588 At 30 June 2025 35.588 Nèt book valu• AI 30 June 2025 35,588 AI 30 June 2024 35,588 10. CredStors: Amounts falllng due wlthln one year 2025 2024 Trade creditors A¢¢rual$ and deferred in¢ome 978 2,310 2,394 2,394 3,288 Forest United {19731 Youth Football Club Limited (A company Ilmlted by guarnntee) Notes to the financial statements For the year ended 30 June 2025 11. Statement of funds Statement of funds - current year Balance at 30 June 2025 Balanee at 1 July 2024 Income Expendlture Unrestricted funds Deslgnated funds Propety reseNe 35.588 35,588 Gèneral funds General Funds 1494) 16.731 (17,2261 19891 Total Unre¥trlGted funds 35,094 16,731 (17,2261 34,599 Statement of funds - prlor year Balance at 30 June 2024 Balan￿ at 1 July 2023 Transfers inloul Income Expenditu Unrestrlcted funds Dèsignat￿ funds Propety reserye 28.463 7.125 35,588 Goneral fund$ General Funds 10.968 25.577 {29,914) 17.125) 14941 Total Unrostrictod funds 39.431 25,577 {29.9141 35,094 12. Related paty transactlons The Charity has not entered into any related party transaction during the year. nor are there any outstanding balances owing between related parties and the Charity at 30 June 2025.