This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.
2024-05-31-accounts
|
Page |
| Trustees' report |
1-5 |
| Independent examiner's report |
6 |
| Statement of financial activities |
7 |
| Balance sheet |
8 |
| Notes to the financial statements |
9-18 |
|
|
Unrestricted |
Restricted |
Total |
Unrestricted |
Restricted |
Total |
|
|
funds |
funds |
|
funds |
funds |
|
|
|
2024 |
2024 |
2024 |
2023 |
2023 |
2023 |
| Notes |
|
£ |
£ |
£ |
£ |
£ |
£ |
| Income from: |
|
|
|
|
|
|
|
| Donations and legacies |
3 |
11,402 |
|
11,402 |
17,587 |
|
17,587 |
| Charitable activities |
4 |
156,721 |
42,529 |
199,250 |
150,612 |
32,768 |
183,380 |
| Investments |
5 |
10,701 |
- |
10,701 |
10,269 |
- |
10,269 |
| Total income |
|
178,824 |
42,529 |
221,353 |
178,468 |
32,768 |
211,236 |
| Expenditure on: |
|
|
|
|
|
|
|
| Charitable activities |
6 |
343,783 |
- |
343,783 |
296,250 |
- |
296,250 |
| Total expenditure |
|
343,783 |
- |
343,783 |
296,250 |
- |
296,250 |
| Net income/(expenditure) |
|
(164,959) |
42,529 |
(122,430) |
(117,782) |
32,768 |
(85,014) |
| Transfers between |
|
|
|
|
|
|
|
| funds |
|
134,398 |
(134,398) |
- |
120,161 |
(120,161) |
- |
| Net movement in |
|
|
|
|
|
|
|
| funds |
8 |
(30,561) |
(91,869) |
(122,430) |
2,379 |
(87,393) |
(85,014) |
| Reconciliation of funds: |
|
|
|
|
|
|
|
| Fund balances at 1 June 2023 |
|
196,810 |
837,430 |
1,034,240 |
194,431 |
924,823 |
1,119,254 |
| Fund balances at 31 May |
|
|
|
|
|
|
|
| 2024 |
|
166,249 |
745,561 |
911,810 |
196,810 |
837,430 |
1,034,240 |
|
|
2024 |
|
2023 |
|
|
Notes |
£ |
£ |
£ |
£ |
| Fixed assets |
|
|
|
|
|
| Tangible assets |
12 |
|
837,722 |
|
939,133 |
| Investments |
13 |
|
1 |
|
1 |
|
|
|
837,723 |
|
939,134 |
| Current assets |
|
|
|
|
|
| Debtors |
15 |
33,249 |
|
45,009 |
|
| Cash at bank and in hand |
|
54,475 |
|
58,816 |
|
|
|
87,724 |
|
103,825 |
|
| Creditors: amounts falling due within |
16 |
|
|
|
|
| one year |
|
(13,637) |
|
(8,719) |
|
| Net current assets |
|
|
74,087 |
|
95,106 |
| Total assets less current liabilities |
|
|
911,810 |
|
1,034,240 |
| Net assets excluding pension liability |
|
|
911,810 |
|
1,034,240 |
| The funds of the charity |
|
|
|
|
|
| Restricted income funds |
18 |
|
745,561 |
|
837,430 |
| Unrestricted funds |
|
|
166,249 |
|
196,810 |
|
|
|
911,810 |
|
1,034,240 |
|
Unrestricted |
Unrestricted |
|
funds |
funds |
|
2024 |
2023 |
|
£ |
£ |
| Donations and gifts |
11,402 |
16,837 |
| Other |
|
750 |
|
11,402 |
17,587 |
| Donations and gifts |
|
|
| Donations from Trading Company |
5,045 |
9,500 |
| Funding - Support |
6,357 |
7,337 |
|
11,402 |
16,837 |
|
Unrestricted |
Restricted |
**Total ** |
Unrestricted |
Restricted |
Total |
|
funds |
funds |
|
funds |
funds |
|
|
2024 |
2024 |
2024 |
2023 |
2023 |
2023 |
|
£ |
£ |
£ |
£ |
£ |
£ |
| Football |
|
|
|
|
|
|
| Sale of goods |
156,721 |
- |
156,721 |
150,612 |
|
150,612 |
| Grant |
|
|
|
|
|
|
| Performance related |
|
|
|
|
|
|
| grants |
|
42,529 |
42,529 |
|
32,768 |
32,768 |
|
156,721 |
42,529 |
199,250 |
150,612 |
32,768 |
183,380 |
|
**Unrestricted ** |
Unrestricted |
|
|
funds funds |
|
2024 |
2023 |
|
£ |
£ |
| Rental income |
10,000 |
10,000 |
| Interest receivable |
701 |
269 |
|
10,701 |
10,269 |
|
|
Football |
Football |
|
|
2024 |
2023 |
|
|
£ |
£ |
|
Direct costs |
|
|
|
Staff costs |
96,509 |
82,747 |
|
Depreciation and impairment |
156,741 |
145,681 |
|
Enter ac905 in database |
73,010 |
59,872 |
|
|
326,260 |
288,300 |
|
Share of support and governance costs (see note 7) |
|
|
|
Support |
14,478 |
2,479 |
|
Governance |
3,045 |
5,471 |
|
|
343,783 |
296,250 |
|
Analysis by fund |
|
|
|
Unrestricted funds |
343,783 |
296,250 |
|
Support costs allocated to activities |
|
|
|
|
2024 |
2023 |
|
|
£ |
£ |
|
Football costs |
14,478 |
2,479 |
|
Governance costs |
3,045 |
5,471 |
|
|
17,523 |
7,950 |
|
Analysed between: |
|
|
|
Charitable activities |
17,523 |
7,950 |
|
Net movement in funds |
2024 |
2023 |
|
|
£ |
£ |
|
The net movement in funds is stated after charging/(crediting): |
|
|
|
Depreciation of owned tangible fixed assets |
156,741 |
145,681 |
| 9 |
Trustees |
|
|
| The average monthly number of employees during the year was: |
|
|
|
2024 2023 |
|
|
Number |
Number |
|
4 |
4 |
| Employment costs |
2024 |
2023 |
|
£ |
£ |
| Wages and salaries |
92,204 |
79,644 |
| Social security costs |
2,930 |
1,959 |
| Other pension costs |
1,375 |
1,144 |
|
96,509 |
82,747 |
| There were no employees whose annual remuneration was more than £60,000. |
|
|
| Remuneration of key management personnel |
|
|
| The remuneration of key management personnel was as follows: |
|
|
|
2024 |
2023 |
|
£ |
£ |
| Aggregate compensation |
37,935 |
34,931 |
| **12 ** |
Tangible fixed assets |
|
|
|
|
|
|
Land and |
All Weather |
Plant and |
Total |
|
|
buildings |
Pitch |
machinery |
|
|
|
£ |
£ |
£ |
£ |
|
Cost |
|
|
|
|
|
At 1 June 2023 |
671,964 |
1,182,227 |
43,003 |
1,897,194 |
|
Additions |
- |
- |
55,330 |
55,330 |
|
At 31 May 2024 |
671,964 |
1,182,227 |
98,333 |
1,952,524 |
|
Depreciation and impairment |
|
|
|
|
|
At 1 June 2023 |
255,520 |
673,198 |
29,343 |
958,061 |
|
Depreciation charged in the year |
31,940 |
109,686 |
15,115 |
156,741 |
|
At 31 May 2024 |
287,460 |
782,884 |
44,458 |
1,114,802 |
|
Carrying amount |
|
|
|
|
|
At 31 May 2024 |
384,504 |
399,343 |
53,875 |
837,722 |
|
At 31 May 2023 |
416,444 |
509,029 |
13,660 |
939,133 |
|
Unlisted |
|
investments |
|
£ |
| Cost or valuation |
|
| At 1 June 2023 & 31 May 2024 |
1 |
| Carrying amount |
|
| At 31 May 2024 |
1 |
| At 31 May 2023 |
1 |
| **15 ** |
Debtors |
|
|
|
|
2024 |
2023 |
|
Amounts falling due within one year: |
£ |
£ |
|
Amounts owed by subsidiary undertakings |
24,481 |
42,554 |
|
Other debtors |
6,593 |
1,780 |
|
Prepayments and accrued income |
2,175 |
675 |
|
|
33,249 |
45,009 |
| **16 ** |
Creditors: amounts falling due within one year |
|
|
|
|
2024 |
2023 |
|
|
£ |
£ |
|
Trade creditors |
3,746 |
- |
|
Other creditors |
- |
1,936 |
|
Accruals and deferred income |
9,891 |
6,783 |
|
|
13,637 |
8,719 |
| **17 ** |
Retirement benefit schemes |
|
|
|
|
2024 |
2023 |
|
Defined contribution schemes |
£ |
£ |
|
Charge to profit or loss in respect of defined contribution schemes |
1,375 |
1,144 |
|
At 1 June |
Incoming |
Transfers |
At 31 May |
|
2023 |
resources |
|
2024 |
|
£ |
£ |
£ |
£ |
|
837,430 |
42,529 |
(134,398) |
745,561 |
| Previous year: |
At 1 June |
Incoming |
Transfers |
At 31 May |
|
2022 |
resources |
|
2023 |
|
£ |
£ |
£ |
£ |
|
924,823 |
32,768 |
(120,161) |
837,430 |
|
At 1 June |
Incoming |
Resources |
Transfers |
At 31 May |
|
2023 |
resources |
expended |
|
2024 |
|
£ |
£ |
£ |
£ |
£ |
| General funds |
196,810 |
178,824 |
(343,783) |
134,398 |
166,249 |
| Previous year: |
At 1 June |
Incoming |
Resources |
Transfers |
At 31 May |
|
2022 |
resources |
expended |
|
2023 |
|
£ |
£ |
£ |
£ |
£ |
| General funds |
194,431 |
178,468 |
(296,250) |
120,161 |
196,810 |
|
Unrestricted |
Restricted |
Total |
|
funds |
funds |
|
|
2024 |
2024 |
2024 |
|
£ |
£ |
£ |
| At 31 May 2024: |
|
|
|
| Tangible assets |
92,161 |
745,561 |
837,722 |
| Investments |
1 |
- |
1 |
| Current assets/(liabilities) |
74,087 |
- |
74,087 |
|
166,249 |
745,561 |
911,810 |
|
Unrestricted |
Restricted |
Total |
|
funds |
funds |
|
|
2023 |
2023 |
2023 |
|
£ |
£ |
£ |
| At 31 May 2023: |
|
|
|
| Tangible assets |
101,703 |
837,430 |
939,133 |
| Investments |
1 |
- |
1 |
| Current assets/(liabilities) |
95,106 |
- |
95,106 |
|
196,810 |
837,430 |
1,034,240 |
|
2024 |
2023 |
|
£ |
£ |
| Within one year |
8,098 |
8,098 |
| Between two and five years |
32,392 |
32,392 |
| In over five years |
307,724 |
315,822 |
|
348,214 |
356,312 |
|
2024 |
2023 |
|
£ |
£ |
| Aggregate compensation |
37,935 |
34,931 |
| Transactions with related parties |
|
|
|
**Amounts owed by ** |
**related ** |
**Amounts owed by ** |
related |
|
parties |
|
parties |
|
|
2024 |
|
2023 |
|
|
Balance |
Net |
Balance |
Net |
|
£ |
£ |
£ |
£ |
| Harborough Town Trading Limited |
24,481 |
24,481 |
34,829 |
34,829 |
|
24,481 |
24,481 |
34,829 |
34,829 |
| Name of undertaking |
Registered |
Nature of business |
Class of |
% Held |
|
office |
|
shares held |
Direct Indirect |
| Harborough Town Trading |
England |
1. See below |
Ordinary |
100.00 |
| Limited |
|
|
|
|
| Name of undertaking |
**Profit/(Loss) ** |
Capital and |
|
|
Reserves |
|
£ |
£ |
| Harborough Town Trading |
|
|
| Limited |
954 |
10,118 |