CHARITY REGISTRATION NUMBER: 1164645
Guru Nanak Gurdwara Football Club Unaudited Financial Statements
5 April 2021
Guru Nanak Gurdwara Football Club
Financial Statements
Year ended 5 April 2021
| Page | |
|---|---|
| Trustee's annual report | 1 |
| Independent examiner's report to the trustee | 3 |
| Statement of financial activities | 4 |
| Statement of financial position | 5 |
| Notes to the financial statements | 6 |
Guru Nanak Gurdwara Football Club
Trustee's Annual Report
Year ended 5 April 2021
The trustee presents his report and the unaudited financial statements of the charity for the year ended 5 April 2021.
Chair's report
The past year has been particularly difficult due to the outbreak of COVID-19. This has restricted the activities of the club to a point where there was no football training or matches, in line with the government guidance. Even when the club was operational there were a number of restrictions in place. The club had to bring in specialist help to give guidance for the control of the spread of COVID-19. The annual KFF tournament was also cancelled as a result.
The season itself was a stop start season with the club having to close upon instructions of the authorities. We have isolated incidents of COVID-19 within the club which were managed and controlled in line with Public Health England guidelines.
With the lifting of the restrictions we are entering a level of normality and should see the steady resumption of all activities including the annual KFF tournament.
Reference and administrative details
Registered charity name Guru Nanak Gurdwara Football Club Charity registration number 1164645 Principal office 80 Somerville Road Leicester LE3 2EU
The trustee
Mr Kulwinder Singh Johal Dr Charanpreet Singh Johal Miss Natasha Pawandeep Kaur Bains Mr Surinder Singh Gill Mr Ashvir Singh Johal
Structure, governance and management
We have a core group of trustees who have overall responsibility of the club's affairs.
Reporting into the trustees there is a management board that facilitate the club's day to day activities.
The management board manage oversee and manage the activities of the coaches and other volunteers
- 1 -
Guru Nanak Gurdwara Football Club
Trustee's Annual Report (continued)
Year ended 5 April 2021
Objectives and activities
The aim of Guru Nanak Gurdwara Football Club is to promote community participation in healthy recreational activities, for the benefit of the inhabitants of Leicester, Leicestershire and the surrounding counties.
Achievements and performance
The men's team play in the Leicester and Charnwood Sunday Football League and the kids teams play in the local Leicester leagues. Many of our teams went onto win the leagues they were entered into. However this year has been challenging with not as many games being played due to the pandemic, however safety was of highest importance, and the club put in necessary measures to try and keep adults and kids as safe as possible in line with government guidelines. The club also prides itself in having retained the FA Charter Standard Community Club Status as this is the highest level of the FA's kitemark All of our volunteers are DBS checked and cleared. All of our coaches are a minimum of FA Level 1 qualified with many on the FA Level 2 and beyond.
Financial review
The football club makes it imperative, that money generated from activities is put back into the wellbeing of the club, may it be having tournaments throughout the year, or providing one of the best training facilities for Kids and Adults in Leicestershire, and this can be seen by pitch hire and kits and equipment purchases being two of the largest expenses incurred by the club. Overall with all the Covid restrictions the club has not been full operating, and this is visible from the accounts, however we are hoping to resume full training sessions in the coming period.
The trustee's annual report was approved on 16 December 2021 and signed on behalf of the board of trustees by:
Mr Kulwinder Singh Johal Trustee
- 2 -
Guru Nanak Gurdwara Football Club
Independent Examiner's Report to the Trustee of Guru Nanak Gurdwara Football Club
Year ended 5 April 2021
I report to the trustee on my examination of the financial statements of Guru Nanak Gurdwara Football Club ('the charity') for the year ended 5 April 2021.
Responsibilities and basis of report
As the trustee 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:
-
accounting records were not kept in respect of the charity as required by section 130 of the Act; or
-
the financial statements do not accord with those records; or
-
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.
- 3 -
Guru Nanak Gurdwara Football Club
Statement of Financial Activities
5 April 2021
| 2021 | 2020 | |||
|---|---|---|---|---|
| Total funds | Total funds | |||
| Note | £ | £ | ||
| Income and endowments | ||||
| Donations and legacies | – | 30,763 | 66,114 | |
| Charitable activities | – | 1,000 | 29,160 | |
| Other trading activities | – | – | 27,283 | |
──── |
──────── |
───────── |
||
| Total income | – | 31,763 | 122,557 | |
════ |
════════ |
═════════ |
||
| Expenditure | ||||
| Expenditure on raising funds: | ||||
| Costs of raising donations and legacies | – | 18,373 | 98,343 | |
| Costs of other trading activities | – | 5,007 | 40,919 | |
| Other expenditure | – | – | 12,111 | |
──── |
──────── |
───────── |
||
| Total expenditure | 23,380 | 151,373 | ||
════ |
════════ |
═════════ |
||
──── |
──────── |
───────── |
||
| Net expenditure and net movement in funds | – | 8,383 | (28,816) | |
════ |
════════ |
═════════ |
||
| Reconciliation of funds | ||||
| Total funds brought forward | (2,903) | 25,913 | ||
──────── |
──────── |
───────── |
||
| Total funds carried forward | 5,480 | 25,913 | ||
════════ |
════════ |
═════════ |
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 7 to 8 form part of these financial statements.
- 4 -
Guru Nanak Gurdwara Football Club
Statement of Financial Position
5 April 2021
| 5 April | 2021 | |||
|---|---|---|---|---|
| 2021 | 2020 | |||
| £ | £ | £ | ||
| Current assets | ||||
| Cash at bank and in hand | 5,480 | – | ||
| Creditors: amounts falling due within one year | 5 | – | 2,903 | |
─────── |
─────── |
|||
| Net current assets | 5,480 | (2,903) | ||
─────── |
─────── |
|||
| Total assets less current liabilities | 5,480 | (2,903) | ||
═══════ |
═══════ |
|||
| Funds of the charity | ||||
| Unrestricted funds | 5,480 | 25,913 | ||
──────── |
──────── |
|||
| Total charity funds | 5,480════════ |
25,913════════ |
These financial statements were approved by the board of trustees and authorised for issue on 16 December 2021, and are signed on behalf of the board by:
Mr Kulwinder Singh Johal Trustee
- 5 -
Guru Nanak Gurdwara Football Club
Notes to the Financial Statements
Year ended 5 April 2021
1. General information
The charity is registered charity in England and Wales and is unincorporated. The address of the principal office is 80 Somerville Road, Leicester, LE3 2EU.
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.
- 6 -
Guru Nanak Gurdwara Football Club
Notes to the Financial Statements (continued)
Year ended 5 April 2021
4. Cash and cash equivalents
Cash and cash equivalents comprise the following:
| Cash and cash equivalents comprise the following: | ||
|---|---|---|
| 2021 | 2020 | |
| £ | £ | |
| Cash at bank and in hand | 5,480 | – |
| Bank overdrafts | – | (2,903) |
─────── |
─────── |
|
| 2,578 | (2,903) | |
═══════ |
═══════ |
- 7 -