Hepworth United Football Club
Charity number 1163904
Annual Report and Financial Statements
for the year ended 30 June 2021
Hepworth United Football Club
Annual Report and Financial Statements for the year ended 30 June 2021
| Contents | Page |
|---|---|
| Trustees' report | 2 to 4 |
| Examiner's report | 5 |
| Statement of financial activities | 6 |
| Balance sheet | 7 |
| Notes to the accounts | 8 to 11 |
Prepared by West Yorkshire Community Accounting Service
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Hepworth United Football Club
Trustees' report for the year ended 30 June 2021
Reference and administrative details of the charity, its trustees and advisors
The trustees during the financial year and up to and including the date the report was approved were: Name Position Dates
Paul Watson Treasurer Derek Hellawell Michael Walker President Robert Wright John Richard Field
Charity number
1163904
Registered in England and Wales
Registered and principal address
Registered and principal address Bankers The Old Stable HSBC Bank Pontey Farm 2 Cloth Hall Street Honley Huddersfield Holmfirth HD1 2ES HD9 6RQ
Independent examiner
Simon Bostrom FCIE
West Yorkshire Community Accounting Service
Stringer House 34 Lupton Street Leeds LS10 2QW
Structure, governance and management
The charity is a Charitable Incorporated Organisation (CIO) formed on 9 October 2015 and is governed by a CIO Association constitution as amended by special resolution 26 June 2021.
Method of recruitment and appointment of trustees
The trustees of the charity are appointed by the members at the AGM.
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Hepworth United Football Club
Trustees' report (continued) for the year ended 30 June 2021
Objectives and activities
The charity's objects
The objects of the CIO are:
- (A) to advance the amateur sport of association football.
(B) to promote community participation in healthy recreation by providing facilities for playing association football (facilities means land, buildings, equipment and organising football activities).
(C) to provide and assist in providing facilities for sport, recreation, and other leisure time occupation of people who have need of such facilities because of their youth, age, infirmity or disablement, poverty or social and economic circumstances or for the public at large in the interests of social welfare and with the object of improving their conditions of life.
(D) to advance the education of children and young people whether or not undergoing formal education.
The charity's main activities
Hepworth United Football Club runs football teams for Juniors, Ladies and Men. Our football teams have been joined by a netball team, mainly composed of players' mothers and sisters.
Public benefit statement
In setting our objectives and planning our activities our Trustees have given serious consideration to the Charity Commission’s general guidance on public benefit and in particular the provision of appropriate football coaching and facilities for our members and patrons.
Achievements and performance
Our teams and training have been suspended during Covid lockdown, but we are playing again now with all our teams back and running with the addition of a netball team, mainly players relatives, also operating under our banner.
The Men's Open Age Development has moved up from the Huddersfield & District League to the Sheffield County Senior League 2nd division which is a higher Football tier to support the men's 1st team who play in the Sheffield County Senior League Premier Division.
The Ladies Open Age first team still holds their place in the Northeast Regional Women's League Southern Division with the newly formed Development team currently in the West Riding County Women's League Second Division.
The u14 Girls play in the North Manchester Girls Football League as do the u12 team that was formed with girls from the Saturday morning Wildcats scheme. The u14 team came from the Wildcats several years ago. The Wildcats is an FA initiative to attract younger girls into football, we provide a weekly training session on a Saturday morning.
The suspension of the Wildcats by Covid restrictions reduced numbers somewhat and taking girls from the Wildcats to form the new u12 league team reduced it further. However, 15 - 20 younger and newer girls still remain each week and are attracting new players all the time, which is encouraging,
In the Junior section we were really pleased that within the 2 Covid seasons we were able to register a team at every age group from U6s through to U18s plus our girls only teams where we had 3 teams too. We had over 250 players registered with the Huddersfield League and around 50 girls registered.
Cup competitions and Galas were cancelled due to Covid so mini leagues were run and we had some successes in those with U16s winning their league and U17s and 18s finishing second.
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Hepworth United Football Club
Trustees' report (continued) for the year ended 30 June 2021
Achievements and performance (continued)
Off the pitch in 2018 to 2020 we were paying off the final instalments on the clubhouse building which was paid fully in 2020 so building up reserves and funds was the focus for 2020-2021. That was obviously initially a concern as we entered the first Covid closures of 2020. We were though made aware of a number of business grants which with the addition of some fundraising activity has helped us through the season and in a reasonable financial position to enter the 2021-22 season.
We were also successful in our application for a tractor and mower grant from the Football Foundation, which we had to contribute to but we see this as a good investment as we have volunteer groundsman so will see a reduced weekly cost that we had paid previously to contract groundsmen.
Financial review
The net income for the year was £14,838, including net income of £17,338 on unrestricted funds and net expenditure of £2,500 on restricted funds after transfers.
Reserves policy
The charity's free reserves, excluding fixed assets, at the year end were £24,733.
The charity's policy is that funds not presently committed or invested in tangible fixed assets should be maintained in general unrestricted funds at the equivalent of between 3 and 4 months' of budgeted operating costs. At the year end, such free reserves represented approximately 3.4 months of overall costs,
Signed on behalf of the board of trustees on 29/01/2022
Paul Watson (Trustee)
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Hepworth United Football Club
Independent examiner's report to the trustees of Hepworth United Football Club
I report to the charity trustees on my examination of the accounts of the CIO for the year ended 30 June 2021, which are set out on pages 6 to 11.
Responsibilities and basis of report
As the charity trustees of the CIO you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the CIO's accounts as 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 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 Charities Act; 2 the accounts do not accord with those records; or
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3 the accounts 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.
Simon Bostrom FCIE
01/02/2022
West Yorkshire Community Accounting Service
Stringer House 34 Lupton Street Leeds LS10 2QW
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Hepworth United Football Club Statement of Financial Activities
for the year ended 30 June 2021
| Notes 2021 Unrestricted funds £ Income from: Grants and donations (2) 41,412 Team payments 20,976 Events and other income 1,959 Bar and kitchen sales 20,455 Bank interest 1 Total income 84,803 Expenditure on: Venue and pitch hire 800 Clubhouse maintenance 8,903 Bar and kitchen supplies 16,106 Pitch maintenance 10,278 Coaching fees and expenses 475 Administration - League/ Cup/ FA fees 2,749 Trophies 1,152 Tournament costs - Training 10,233 Football fines 198 Team costs 3,294 Events and activities 483 Sports equipment 13,347 Independent examination 720 Depreciation 16,017 Donations made 30 Total expenditure 84,785 Net income / (expenditure) 18 Transfers between funds 17,320 Net movement in funds 17,338 Fund balances brought forward 533,306 Fund balances carried forward (3) 550,644 |
2021 Restricted funds £ 17,320 - - - - 17,320 - - - 2,500 - - - - - - - - - - - - - 2,500 14,820 (17,320) (2,500) 2,500 - |
2021 Total funds £ 58,732 20,976 1,959 20,455 1 102,123 800 8,903 16,106 12,778 475 - 2,749 1,152 - 10,233 198 3,294 483 13,347 720 16,017 30 87,285 14,838 - 14,838 535,806 550,644 |
2020 Total funds £ 29,752 38,723 3,886 26,334 1 98,696 878 9,692 17,522 4,135 8,819 30 4,429 744 90 18,593 273 6,577 677 6,898 720 10,721 - 90,798 7,898 - 7,898 527,908 535,806 |
|---|---|---|---|
All incoming resources and resources expended derive from continuing activities.
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Hepworth United Football Club
Balance sheet
| as at 30 June 2021 2021 Unrestricted £ Fixed assets Tangible assets (4) 525,911 Total fixed assets 525,911 Current assets Stock 489 Cash at bank and in hand (5) 25,345 Total current assets 25,834 Current liabilities: amounts falling due within one year Creditors and accruals (6) 1,101 Total current liabilities 1,101 Net current assets / (liabilities) 24,733 Net assets 550,644 Funds Unrestricted funds 550,644 Restricted funds - Total funds 550,644 |
2021 Restricted £ - - - - - - - - - - - |
2021 Total £ 525,911 525,911 489 25,345 25,834 1,101 1,101 24,733 550,644 550,644 - 550,644 |
2020 Total £ 515,451 515,451 489 21,159 21,648 1,293 1,293 20,355 535,806 533,306 2,500 535,806 |
|---|---|---|---|
The financial statements were approved by the board of trustees on 29/01/2022
Paul Watson (Trustee)
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Hepworth United Football Club
Notes to the accounts
for the year ended 30 June 2021
1 Accounting policies
Basis of accounting
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: 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) (effective 1 January 2019) and with the Charities Act 2011.
The charity constitutes a public benefit entity as defined by FRS 102. There has been no change to the accounting policies since last year. No changes have been made to the accounts for previous years.
Going concern
The trustees are satisfied that there are no material uncertainties about the charity's ability to continue.
Incoming resources
All incoming resources are included in the Statement of Financial Activities (SOFA) when the charity becomes entitled to the resources, it is more likely than not that the trustees will receive the resources and the monetary value can be measured with sufficient reliability.
Grants and donations
Grants and donations are only included in the SOFA when the charity has unconditional entitlement to the resources.
Where grants are related to performance and specific deliverables, they are accounted for as the charity earns the right to consideration by its performance.
Expenditure and liabilities
Expenditure is recognised on an accrual basis as a liability is incurred. Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out the resources and the amount of the obligation can be measured with reasonable certainty.
Taxation
As a charity the organisation benefits from rates relief and is generally exempt from income tax and capital gains tax but not from VAT. Irrecoverable VAT is included in the cost of those items to which it relates.
Tangible fixed assets
Tangible fixed assets are capitalised and included at cost including any incidental expenses of acquisition. Gifted assets are shown at the value to the charity on receipt.
Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost on a straight line basis over their expected useful economic lives as follows: Freehold land: nil Freehold buildings: over 50 years Equipment: over 5 years
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.
Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.
Further explanation of the nature and purpose of each fund is included in the notes to the accounts.
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Hepworth United Football Club
Notes to the accounts continued
for the year ended 30 June 2021
| 2 Grants and donations 2021 Unrestricted funds £ Football Foundation grants 500 Kirklees small business grant 19,465 One Community Foundation grant 10,000 English Sports Council Lottery fund - Sheffield & Hallamshire County FA grants 250 Other donations 11,197 41,412 3 Restricted funds Balance b/f Incoming £ £ Football Foundation grant 2,500 - Football Foundation grant - 17,320 2,500 17,320 Fund name Purpose of restriction |
2021 Restricted funds £ 17,320 - - - - - 17,320 Outgoing £ 2,500 - 2,500 |
2021 Total funds £ 17,820 19,465 10,000 - 250 11,197 58,732 Transfers £ - (17,320) (17,320) |
2020 Total funds £ 2,500 10,000 - 5,000 500 11,752 29,752 Balance c/f £ - - - |
|---|---|---|---|
For pitch maintenance costs during closure from Covid restrictions Contribution towards purchase of tractor, roller and mower, shown as a transfer as the assets purchased are for the general purposes of the charity.
| **4 ** | Football Foundation grant For pitch maintenance costs during closure from Covid restrictions Football Foundation grant Contribution towards purchase of tractor, roller and mower, shown as a transfer as the assets purchased are for the general purposes of the charity. Tangible assets Total Cost £ £ £ At 1 July 2020 1,000 526,047 20,000 547,047 Additions 26,477 - - 26,477 At 30 June 2021 27,477 526,047 20,000 573,524 Depreciation At 1 July 2020 200 31,396 - 31,596 Charge for year 5,496 10,521 - 16,017 At 30 June 2021 5,696 41,917 - 47,613 Net book value At 30 June 2021 21,781 484,130 20,000 525,911 At 30 June 2020 800 494,651 20,000 515,451 Equipment Buildings Land |
|---|---|
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Hepworth United Football Club
Notes to the accounts continued
for the year ended 30 June 2021
| 5 Cash at bank and in hand HSBC accounts Cash in hand 6 Creditors and accruals Creditors Accruals |
2021 £ 24,905 440 25,345 2021 £ - 1,101 1,101 |
2020 £ 20,496 663 21,159 2020 £ 573 720 1,293 |
|---|---|---|
7 Legal charges
The Football Foundation holds a registered legal charge secured on the land on the east side of Far Lane, Hepworth, dated 5 September 2018. This will be discharged 21 years from the grant date, upon application to the Football Foundation,
8 Trustee expenses
No trustee received any expenses during this year or the previous year.
9 Trustee remuneration and benefits
No trustee received any remuneration or benefit during this or the previous year.
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Hepworth United Football Club
Statement of Financial Activities including comparatives for all funds (including summary income and expenditure account) for the year ended 30 June 2021
| 2021 2020 Unrestricted Unrestricted funds funds £ £ Income Grants and donations 41,412 27,252 Team payments 20,976 38,723 Events and other income 1,959 3,886 Bar and kitchen sales 20,455 26,334 Bank interest 1 1 Total income 84,803 96,196 Expenditure Venue and pitch hire 800 878 Clubhouse maintenance 8,903 9,692 Bar and kitchen supplies 16,106 17,522 Pitch maintenance 10,278 4,135 Coaching fees and expenses 475 8,819 Administration - 30 League/ Cup/ FA fees 2,749 4,429 Trophies 1,152 744 Tournament costs - 90 Training 10,233 18,593 Football fines 198 273 Team costs 3,294 6,577 Events and activities 483 677 Sports equipment 13,347 6,898 Independent examination 720 720 Depreciation 16,017 10,721 Donations made 30 - Total expenditure 84,785 90,798 Net income / (expenditure) 18 5,398 Transfers between funds 17,320 - Net movement in funds 17,338 5,398 Fund balances brought forward 533,306 527,908 Fund balances carried forward 550,644 533,306 |
2021 Restricted funds £ 17,320 - - - 17,320 - - - 2,500 - - - - - - - - - - - - - 2,500 14,820 (17,320) (2,500) 2,500 - |
2020 Restricted funds £ 2,500 - - - - 2,500 - - - - - - - - - - - - - - - - - - 2,500 2,500 - 2,500 |
2021 Total funds £ 58,732 20,976 1,959 20,455 1 102,123 800 8,903 16,106 12,778 475 - 2,749 1,152 - 10,233 198 3,294 483 13,347 720 16,017 30 87,285 14,838 - 14,838 535,806 550,644 |
2020 Total funds £ 29,752 38,723 3,886 26,334 1 98,696 878 9,692 17,522 4,135 8,819 30 4,429 744 90 18,593 273 6,577 677 6,898 720 10,721 - 90,798 7,898 - 7,898 527,908 535,806 |
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