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2024-06-30-accounts

Royal Navy Football Association

THE ROYAL NAVY FOOTBALL ASSOCIATION

REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 June 2024

THE ROYAL NAVY FOOTBALL ASSOCIATION

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024

Page
Report of the Trustees 1 - 8
Independent Examiner’s Report 9
Statement of Financial Activities 10
Balance Sheet 11
Notes to the Accounts 12 - 17

THE ROYAL NAVY FOOTBALL ASSOCIATION REPORT OF THE TRUSTEES

1

The trustees present their report with the financial statements of the charity for the year ended 30 June 2024. The trustees have adopted the provisions of the 2015 Charities Statement of Recommended Practice (SORP) that meets Financial Reporting Standard (FRS) 102.

LEGAL AND ADMINISTRATIVE INFORMATION

Charitable Company Name

The name of the Charitable Incorporated Organisation (“the CIO”) is “The Royal Navy Football Association,” often abbreviated to RNFA (ROYAL NAVY FOOTBALL ASSOCIATION)

Trustees

John Lavery, MVO (2015) Chair Stephen G Vasey (2015) David McGarel (2019) Treasurer Elizabeth Smith (June 2021) Heather O’Connell (June 2021) Gavin Howe (June 2021)

CEO (Chief Executive Officer)

Mr S H Johnson

Registered Office Registered Charity Number Room G32 1164897 - First registered on 17 December 2015 HMS Temeraire Portsmouth Hampshire, PO1 2HB

Accountants

David Bailey, Chartered Accountants 28 Landport Terrace Portsmouth Hants PO1 2RG

Bankers

Nat West Bank 130 Commercial Road Portsmouth Hants PO1 1EJ

Legal Advisers

Charles Russell LLP 5 Fleet Place London EC4M 7RD

THE ROYAL NAVY FOOTBALL ASSOCIATION REPORT OF THE TRUSTEES

2

STRUCTURE, GOVERNANCE AND MANAGEMENT

Constitution

The Charity is a Charitable Incorporated Organisation (CIO). It was registered in its current legal form on 17 December 2015. The Charity was previously an unincorporated association but changed its legal form to a CIO. The assets and liabilities of the unincorporated association were transferred to the CIO on 7[th ] July 2016.

Organisational Structure

The governing body of the RNFA is the Board of Trustees, which comprises of up to 12 members and meets three times a year to review charitable objectives, strategy, and performance. Trustees are elected or appointed for a three-year term, and may, subject to Board approval, serve for further three-year terms. The Executive Chair and CEO attend all Board of Trustees meetings.

The trustees have adopted the provisions of 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 102 2[nd] edition (effective October 2019).

All appointments of trustees are based on the principle of competency and to benefit from a broad spread of expertise. All appointments and re-appointment of trustees are based on the articles of the Constitution and will be decided by the members at the annual general meeting.

On appointment, all new Trustees will be provided with a copy of the Constitution and any amendments made to it, a copy of the CIO’s latest trustees’ annual report and statement of accounts. They will be briefed on their duties and responsibilities as a Trustee and will be offered training courses if required to improve their ability to perform their duties. The Register of Trustees is maintained with the Statutory Records of the RNFA by the CEO.

The trustees shall manage the affairs of the CIO in accordance with the articles of the Constitution and have delegated the day-to-day running of the Royal Navy Football Association to the Senior Management Team (SMT), who are tasked with achieving the objectives set within the RNFA strategic plan (2021-2024).

Facility Management

The Charity does not own any specific facilities, as the RNFA utilises the facilities that are provided by the Ministry of Defence in pursuit of the combined objectives to promote physical efficiency by participating in sport. The current offices are situated within HMS TEMERAIRE, the centre for Navy sport in Portsmouth.

THE ROYAL NAVY FOOTBALL ASSOCIATION REPORT OF THE TRUSTEES

3

Volunteers and Related Parties

The Trustees all give their services voluntarily and receive no remuneration for their activities, other than travel, training courses and incidental expenses. The serving members of the Board undertake their RNFA duties as volunteers in addition to their normal line duties and receive no remuneration for their services.

Management

Whilst the Trustees retain full responsibility for the CIO, the management and day-to-day running of the RNFA has been delegated to the Senior Management Team (SMT) within the conditions set out in the constitution and association rules.

The Senior Management Team consist of the following appointments:

Chair Chair of Referees Vice Chair Head of Marketing and Sponsorship CEO Head of Representative Football Head of Strategy and Business Football Development Manager

All RNFA SMT are serving or reservist Royal Navy/Royal Marines personnel, who undertake the roles on a voluntary basis on top of their high-pressure military appointments, except for the CEO and the Football Development Manager who are funded by the Football Association. All vacancies within the RNFA area are advertised on the RNFA website inviting volunteers, both serving and civilians, to be considered for selection; all SMT appointments are re-appointed at the AGM.

Employees

The RNFA employs the following personnel in a full-time capacity: CEO Mr Steve Johnson (2003) FA Funded post Football Development Manager Mrs Kim Stenning (2016) FA Funded post

Mrs Stenning has given notice to leave her position, and will depart on 1[st] July 2024

The RNFA permanently employs the following personnel in a part time capacity:

Finance Officer & Mrs Hannah Okell (2016) FA & RNFA Development Co-Ordinator Funded post Royal Navy Secondment Assistant Secretary & Mr Peter Gamble (2022) MOD Civil Servant Football Services Officer

The Royal Navy, as part of its transformation process, has removed the service position of Assistant Secretary. In response, Royal Navy Sport has decided to designate one of its civil service positions in the new role of Football Development and Services Officer, for the duration of the FA funding period from 2024 to 2028.

THE ROYAL NAVY FOOTBALL ASSOCIATION 4 REPORT OF THE TRUSTEES

RNFA Board of Trustees Performance Summary

During the reporting period the Board of Trustees have continued to support both the executive function and Navy football to good effect. Working with the Chief Executive of the charity and the wider executive team they provided advice, leadership and reassurance, as both individuals and as a body to ensure that the RNFA maintains progress towards, or in most cases fulfils the National Body’s code of governance for county associations. Always conscious of the Association’s Strategic objectives stated within the 3 year plan the Trustees have worked seamlessly alongside the Executive Chair and Chief Executive to deliver success where possible and progress where circumstances or systems are not mature enough to measure confidently yet. Each of the Board members has a leadership or key role within the supporting and mandated committees, guiding and influencing each as they develop robust processes and safety mechanisms to ensure inclusivity, resilience, protection and fairness within Navy football’s game and community. The further refinement and development of the risk register and the people plan, the award of the Foundation Level of the Equality Standard for Sport and the constant oversight and amendment of the safety management plan are all examples of trustee’s engagement in the wider business of the charity as well as its pure governance requirements.

A well-established group of individuals with a broad blend of competencies and experience that compliment all areas of activity, the Board adopts a collegiate and non-hierarchical approach to all business, trusting each other’s opinions and confident in colleagues ability. Supported impeccably by the executive team, board papers are invariably timely, accurate and succinct whilst communications and relationships within the Board and across the organisation remain strong. A regular audit of trustee skills is in place and succession planning is tailored towards ensuring that the Board maintains a wide breadth of experience to ensure that appropriate support is available to be offered across all the RNFA’s activities. Equally the Chief Executive liaises with all in a timely fashion to ensure that mandatory training is undertaken. It has been recognised that the group would benefit from a voice with more recent appreciation of the playing community and work is underway to recruit to the Board a new trustee with such knowledge.

Finally, it is commendable that despite most of the Board being widely dispersed across the South of England, attendance at meetings, fixtures and events in support of the RNFA is, whenever possible, in person and all make every effort to maintain connections with players, officials and supporters of the broader game rather than focusing on governance alone.

John Lavery - Board Chair

5

THE ROYAL NAVY FOOTBALL ASSOCIATION REPORT OF THE TRUSTEES

Exec Chair Overview

It gives me great pleasure to offer you this overview in a period of continued growth and ongoing development of our Association. We continue to adhere to government, Service and FA guidance, ensuring the game is enabled and supported in a safe and compliant manner for the benefit of all.

Our Strategic objectives, as agreed with the FA National Game Board (NGB), continue to be the guiding principles in all that we do, and I am delighted to report that we have secured the support of the FA for a further four years with agreement of our goals mapped against the delivery of the targets set out in the National Game Strategy (NGS). As the Royal Navy strives to be a Global, Modern and Ready force for good, the focus on our people remains at the forefront of our Senior Leadership minds as they meet the challenges

of the 21[st] Century, with geo-political instability continuing to dominate. The opportunity for our Sailors and Marines to use football as a release from the pressures of their everyday lives cannot be understated. The RNFA continue to grow participation at every level regardless of location, quality, and quantity available to ensure that football as the most widely played sport in the Navy is available to all. The provision of a safe and inclusive culture is pivotal to all that we do and through the guidance of our Trustees and Senior Management Team, we will deliver innovative ideas to broaden access and outreach.

Continued responsible fiscal management and oversight by our Trustees has ensured our outputs and workforce remain on a sound footing and our fiscal model continues to provide us with a sustainable programme and sensible reserves to ensure long term stability. This ensures we can continue to offer training camps, team building events and a sense of belonging for our people. We are proud to be the Royal Navy Football Association.

The RNFA continues to develop, learn from experience, and most importantly deliver our charitable objectives in the best interests of our football family. This is achieved through the support of our permanent and voluntary staff, the Royal Navy, our Trustees, and the FA, and to all I offer a huge vote of thanks.

Captain John Gordon RN (Executive Chair)

6

THE ROYAL NAVY FOOTBALL ASSOCIATION

REPORT OF THE TRUSTEES

Remuneration

The Charity does not remunerate its Trustees, although training and travel expenses are funded. All Trustees and members of the Executive give their services voluntarily and receive no remuneration for the activities other than incidental expenses. The Executive undertake their association duties as volunteers in addition to their full-time service duties. The RNFA continues to develop and expand its group of volunteers to assist in all areas of the charity. These volunteers are supported by the full-time staff members, as well as specific policies contained within the staff handbook.

FINANCIAL REVIEW

Grants

The RNFA receives annual grants from:

The focus of the RNFA remains on financing the operating costs of football throughout the Royal Navy. Through the grants above and locally generated sponsorship the association operates and funds:

The finance function of the RNFA is undertaken by the part time Finance Officer along with the full time CEO. Financial reporting is carried out at the newly established Audit & Risk (A&R) committee with the committee Chair now providing a financial update at Trustee Board meetings. A major change as a CIO is that budget approval is recommended at Executive level and is now reviewed by the A&R Committee before presentation to the board for final approval at the beginning of each financial year.

THE ROYAL NAVY FOOTBALL ASSOCIATION REPORT OF THE TRUSTEES

7

Investments and Reserves Policy

Reserves are in place to bridge the gap between spending and receiving income and to cover unplanned emergency expenditure. The minimum level of reserves deemed to be required is reviewed periodically by the Trustees and adjusted as perceptions of risk and other factors change. The Trustees believe that it remains reasonable to maintain a level of free reserves equivalent to 12 months operating costs of charitable activities and thus enable the charity to continue its business for at least one year in the event of significant loss of income (Risk 1 – Highest Priority Risk Register). Investments which are managed by Sarasin, total £104,614 for the year ending 30[th] June 2024.

Staff Redundancy Policy

Should the Charity be unable to continue as a going concern, the financial forecast for staff redundancy payments as of the 30 June 2024 would be £28,560.

Risk Management

In accordance with Sport England’s Code of Governance requirements, an Audit and Risk Committee has been established by the Board during this reporting period. This committee is responsible for the ongoing management of the Risk Register and will regularly review the main operational areas of the charity to identify potential risks. The Trustees assess the risks to the organization as part of the business planning process, which takes place at the beginning of each financial year or whenever there is a significant change in risk. The Trustees believe that the charity has implemented systems that effectively mitigate risks to an acceptable level. 'A principal risk remains the loss of funding, but this is mitigated by having multiple sponsors and grants, as well as maintaining adequate reserves. During this reporting period, the Risk Register and the Safety Management Plan were reviewed and updated to ensure consistent reporting of serious injuries to players. The Audit and Risk Committee will now serve as the primary body for reporting all financial matters, with the chair presenting these reports at Board Meetings.

THE ROYAL NAVY FOOTBALL ASSOCIATION REPORT OF THE TRUSTEES

8

Statement of Trustees’ Responsibilities

The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Charitable law requires the trustees to prepare financial statements for each financial year that give a true and fair view of the charitable company and of the outgoing resources and application of resources, including the income and expenditure, of the charity for that period. In preparing those financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with Charity regulations. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

In so far as the trustees are aware:

The trustees declare that they have approved the trustees’ report for the year ended 30[th] June 2024.

Signed on behalf of the Trustees on 31[st] January 2025

Gavin Howe – Trustee Board (Chair)

9

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE ROYAL NAVY FOOTBALL ASSOCIATION

I report to the trustees on my examination of the accounts of the Royal Navy Football Association for the year ended 30 June 2024, which is set out on Pages 10 to 17.

Responsibilities and basis of report

As the charity’s trustees, 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 Trustees’ accounts 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 2011 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 Trust as required by section 130 of the Act; or

  2. The accounts do not accord with those records; or

  3. The accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounting and Reports) Regulations 2008 other than a 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 concern and have come across no other matters in connection with the examination to which attention should be drawn in the report to enable a proper understanding of the accounts to be reached.

MARTIN PIERCE FCCA

28 Landport Terrace Portsmouth PO1 2RG

31[st] January 2025

ROYAL NAVY FOOTBALL ASSOCIATION

10

INCOME AND EXPENDITURE ACCOUNT For the year ended 30 June 2024

Note
INCOMING RESOURCES
Incoming Resources from generated funds:
Voluntary Income - Grants and
Sponsorship
1
Investment
Income
Incoming resources from charitable activities:
Football Development Income
Representative Match Income
Competition Income
2
Referees' Income
3
Other Income
4
TOTAL INCOMING RESOURCES
RESOURCES EXPENDED
Costs of generating funds:
Costs of generating voluntary income
% Admin costs re Grants/Bids
Sponsors Servicing
Charitable Activities
Football Development Expenses
5
Representative Match Expenses
6
Competition Expenses
Referees Expenses
Subscriptions and Donations
Governance Costs:
Administration Expenses
7
Depreciation
8
TOTAL RESOURCES EXPENDED
NET INCOMING (OUTGOING) RESOURCES
NET GAINS ON INVESTMENT ASSETS
SURPLUS(DEFICIT) FOR THE YEAR
Funds brought Forward 1 July 2023
Funds Carried Forward 30 June 2024		 Unrestricted
Funds
2024
£
33,000
3,939
4,901
-
1,343
5,530
50
48,763
1,298
844
27,771
4,907
2,128
1,000
29,266
1,440
68,654
(19,891)
7,508
(12,383)
150,118
137,735		 Restricted
Funds
2024
£
144,458
-
-
-
91
-
-
144,549
1,500
50,305
22,428
91
-
-
51,219
-
125,543
19,006
-
19,006
126,907
145,913		 Total
Funds
2024
177,458
3,939
4,901
-
1,434
5,530
50
193,312
2,798
51,149
50,199
4,998
2,128
1,000
80,485
1,440
194,197
(885)
7,508
6,623
277,025
283,648		 Total
Funds
2023
£
193,246
2,269
4,153
-
1,628
3,620
40
204,956
7,261
49,248
42,571
5,003
2,821
1,095
80,441
2,017
190,457
14,499
814
15,313
261,712
277,025

The notes on Pages 12 - 17 form part of this Account

11

ROYAL NAVY FOOTBALL ASSOCIATION

BALANCE SHEET

At 30 June 2024

Note
FIXED ASSETS
Tangible
9
Investments
- RNRMC Investment Fund
10
CURRENT ASSETS
Stock of Equipment
Sundry Debtors and Prepayments
11
Cash at Bank
- Natwest Reserve Accounts
- Natwest Current Accounts
Travelex Card
Cash in Hand
CURRENT LIABILITIES
Grants Received in Advance
Income Received in Advance
Sundry Creditors
NET CURRENT ASSETS
NET ASSETS
Financed By :
ACCUMULATED FUND
Unrestricted Funds
Restricted Funds		 2024
£
£
2,880
104,614
107,494
1,477
942
136,867
43,069
658
106
183,119
-
-
6,965
6,965
176,154
283,648
137,735
145,913
283,648		 2023
£
£
4,320
97,106
101,426
1,871
23,817
50,646
105,337
664
106
182,441
-
-
6,842
6,842
175,599
277,025
150,118
126,907
277,025		 2023
£
£
4,320
97,106
101,426
1,871
23,817
50,646
105,337
664
106
182,441
-
-
6,842
6,842
175,599
277,025
150,118
126,907
277,025
101,426
175,599
277,025
150,118
126,907
277,025

The Notes on page 16 form part of this Balance Sheet.

The Financial Statements on pages 10-17 were approved by the Trustees on the 31[st] January 2025 and signed on their behalf by:

Gavin Howe – Trustee Board (Chair)

12

ROYAL NAVY FOOTBALL ASSOCIATION

NOTES TO THE ACCOUNTS

For the year ended 30 June 2024

A. BASIS OF PREPARATION

B. ACCOUNTING POLICIES

13

NOTES TO THE ACCOUNTS

For the year ended 30 June 2024

ACCOUNTING POLICIES - continued

i. Funds Accounting . Funds held by the charity are:

14

ROYAL NAVY FOOTBALL ASSOCIATION

NOTES TO THE INCOME AND EXPENDITURE ACCOUNT

For the year ended 30 June 2024

1.
GRANTS AND SPONSORSHIP
RN Sports Charity Grant
FA Development Plan Grant
Other FA Grants
Sports Lottery Grants
FA Salary Grants
Sponsorship:
- ESS
- Carbon 60
- Lockhead Martin
- Thales
Donations:
- RNFA Supporters Club
2.
COMPETITION INCOME
Navy Cup and IR
Truce Tournament
Administration Charge - Cautions and
Sending Off
3.
REFEREES' INCOME
Registrations
Course Fees
Development
4.
OTHER INCOME
Inflatable Hire
Surplus(Deficit) on Sale of Football
Tickets		 Unrestricted
Funds
2024
£
-
-
-
-
-
10,000
12,000
10,000
-
1,000
33,000
780
-
563
1,343
1,060
4,380
90
5,530
50
-
50		 Restricted
Funds
2024
£
20,500
-
7,002
31,588
77,868
-
1,500
-
6,000
-
144,458
-
91
-
91
-
-
-
-
-
-
-		 Total
Funds
2024
£
20,500
-
7,002
31,588
77,868
10,000
13,500
10,000
6,000
1,000
177,458
780
91
563
1,434
1,060
4,380
90
5,530
50
-
50		 Total
Funds
2023
£
30,000
3,247
6,306
35,180
79,027
10,486
12,000
10,000
6,000
1,000
193,246
240
767
621
1,628
1,280
2,340
-
3,620
50
(10)
40

ROYAL NAVY FOOTBALL ASSOCIATION

15

NOTES TO THE INCOME AND EXPENDITURE ACCOUNT

For the year ended 30 June 2024

5.
FOOTBALL DEVELOPMENT EXPENSES
Coaching and Other Course Expenditure
Football Development Wages and Expenses
Football Development staff Pensions
Grassroots Development Expenses
Equipment Expenses
6.
REPRESENTATIVE MATCH EXPENSES
RNFA Senior XI
RNFA Development XI
RNFA Women’s XI
Tours
7.
ADMINISTRATION EXPENSES
Office Supplies
Telephone
Motor Vehicle Expenses
Sundry Expenses
Committee Expenses and Meetings
Trustees' Training Expenses
Staff Training Expenses
Insurances
Staff Wages
Staff Pensions
Staff Healthcare
Secretary's Expenses
Accountancy
Legal and Professional Fees
President's Dinner
8.
DEPRECIATION
Office Equipment
Motor Vehicle		 Unrestricted
Funds
2024
£
530
314
-
-
-
844
9,002
3,203
6,763
8,803
27,771
1,236
338
1,402
2,054
39
307
189
432
17,134
-
396
284
4,167
1,288
-
29,266
240
1,200
1,440		 Restricted
Funds
2024
£
3,007
39,245
2,563
3,698
1,792
50,305
6,000
-
-
16,428
22,428
-
-
-
-
-
-
-
-
45,935
4,208
-
1,076
-
-
-
51,219
-
-
-		 Total
Funds
2024
£
3,537
39,559
2,563
3,698
1,792
51,149
15,002
3,203
6,763
25,231
50,199

1,236
338
1,402
2,054
39
307
189
432
63,069
4,208
396
1,360
4,167
1,288
-
80,485
240
1,200
1,440		 Total
Funds
2023
£
3,545
39,528
2,423
1,779
1,973
49,248
8,344
4,472
4,194
25,561
42,571
60
508
1,050
652
37
24
30
432
61,455
3,977
1,292
1,425
4,287
-
5,212
80,441
817
1,200
2,017

ROYAL NAVY FOOTBALL ASSOCIATION

16

NOTES TO THE ACCOUNTS

For the year ended 30 June 2024

9. TANGIBLE ASSETS

COST
At 1 July 2023 and 30 June 2024
DEPRECIATION
At 1 July 2023
Provided in the year
NET BOOK VALUE
At 30 June 2024
At 30 June 2023		 Total
£
15,526
11,206
1,440
12,646
2,880
4,320		 Equipment
£
3,526
2,806
240
3,046
480
720		 Motor
Vehicle
£
12,000
8,400
1,200
9,600
2,400
3,600

In line with the Royal Navy accounting policy, tangible fixed assets are capitalised and depreciated as follows:

Equipment - 50% per annum on cost in the first year - then the balance remaining over three years Motor Vehicle - 50% per annum on cost in the first year - then the balance remaining over five years

10. INVESTMENTS
INVESTMENTS 2024 2023
£ £
RNRMC 104,614 97,106

The RNRMC Investment valuation is taken from Sarasin & Partners LLP Unitisation Spreadsheet dated 30 June 2024.

11. SUNDRY DEBTORS

ESS Sponsorship
The FA - June 23 Grant
Coaching Courses
Referees' Income
Prepayments
Others		 2024
£
-
-
520
170
10
242
942		 2023
£
10,000
10,797
-
-
3,000
20
23,817

ROYAL NAVY FOOTBALL ASSOCIATION

17

NOTES TO THE ACCOUNTS

For the year ended 30 June 2024

12. DETAILS OF CERTAIN TYPES OF EXPENDITURE

a) Accountancy
Independent Examiner's Fee
Other Accounting Services
b) Staff Costs
Salaries and Wages
Social Security Costs
Pension Costs (Defined Contribution Scheme)
Other Employee Benefits		 2024
£
3,180
987
4,167
96,730
4,433
6,771
935
108,869		 2023
£
3,120
1,167
4,287
94,426
4,567
6,400
1,869
107,262

13. TRANSACTIONS WITH RELATED PARTIES

During the year the Association entered into arms-length printing & embroidery contracts with JAKS totalling £ 2,919 (2023 - £2,530), a company fully owned by the spouse of Mr S H Johnson, the CEO of the RNFA.