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2024-06-30-accounts

Company registration number 04451011 (England and Wales)

Charity registration number 1166644

HUNTINGDONSHIRE FOOTBALL ASSOCIATION LIMITED (A COMPANY LIMITED BY GUARANTEE)

DIRECTORS' REPORT AND FINANCIAL STATEMENTS

FOR THE SIX MONTHS ENDED 30 JUNE 2024

HUNTINGDONSHIRE FOOTBALL ASSOCIATION LIMITED (A COMPANY LIMITED BY GUARANTEE)

CONTENTS

Page No.
Directors and Officers 1
Directors' Report 2 - 5
Independent Examiner's Report 6
Statement of Financial Activities 7
Balance Sheet 8
Cash Flow Statement 9
Notes to the Financial Statements 10 - 19
MANAGEMENT INFORMATION- not forming part of the statutory accounts
Detailed income and expenditure account 20

HUNTINGDONSHIRE FOOTBALL ASSOCIATION LIMITED

COMPANY INFORMATION FOR THE SIX MONTHS ENDED 30 JUNE 2024

Directors M M Armstrong A J Barks M C Frost C Hine appointed 1 January 2025 M Howlett M Ives M Lambert appointed 1 January 2025 B A Mickelburgh R P Stephen P S Whelan Company secretary M Ives Company registration number 04451011 (England and Wales) Charity registration number 1166644 Registered office Armstrong House 4 Sovereign Court Lancaster Way Ermine Business Park Huntingdon Cambridgeshire PE29 6XU Independent examiner D W Mason FMAAT DChA DWM Accounting Limited 9 Needham Court Yaxley Peterborough PE7 3LE

HUNTINGDONSHIRE FOOTBALL ASSOCIATION LIMITED

TRUSTEES' REPORT FOR THE SIX MONTHS ENDED 30 JUNE 2024

The Trustees present their report and accounts for the period ended 30 June 2024.

The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity’s Articles of Association, as amended by special resolution 27 July 2016, the Companies Act 2006 and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015)”

Directors

The directors shown below have held office since 1 January 2024:

A Abdulkadar resigned 14 February 2024 M M Armstrong J V Badcock resigned 14 February 2024 A J Barks D P Edwards resigned 14 February 2024 M C Frost C Hine appointed 1 January 2025 M Howlett M Ives M Lambert appointed 1 January 2025 B A Mickelburgh M A Sacks appointed 18 March 2024, resigned 1 January 2025 R P Stephen P S Whelan

No director has an interest in the company as it is limited by guarantee and does not have any share capital.

No director had, during or at the end of the period, a material interest in any contract that was significant in relation to the company's activities.

The company maintains qualifying third party liability insurance for the benefit of the directors.

Objectives and activities

The principal activity of the company is to promote, foster, develop and support the game of Association Football.

Huntingdonshire FA is the guardian of the rules and regulations of football locally, and a leading advocate for football activity within all communities of Huntingdonshire.

Our Mission

To provide the Huntingdonshire community with the relevant and appropriate tools and opportunities to ensure that all areas of the game continue to Grow, Develop and Evolve.

Our Vision

To unite Huntingdonshire to improve the football experience.

HUNTINGDONSHIRE FOOTBALL ASSOCIATION LIMITED

TRUSTEES' REPORT FOR THE SIX MONTHS ENDED 30 JUNE 2024

Objectives and activities (continued)

Our Core Values are:

The review of the Business Plan is yearly; this review looks at what has been have achieved and what the outcomes of work in the previous 12 months. This review looks at the success of each key activity in detail and helps Huntingdonshire FA ensure that the mission, vision, and core values remained focused. This review includes contact with all key stakeholders including:

The Key Performance Indicators are monitored weekly by the executive including staff, monthly by the board and quarterly with The FA Regional Manager. Due to this level of scrutiny, Huntingdonshire FA can report that we continue to meet our KPI’s and exceed in many.

Our focus continues to be supporting our local football workforce, and all of our volunteers.

Achievements and performance

Huntingdonshire FA Governance Review

The County FA have made all the necessary amendments to the County FA structure and the Regulatory changes to our articles, to meet the FA Corporate Governance Standards.

We will now evidence the work and have given a commitment to meet the FA standard by January 2025.

Safeguarding

Led by Sarah Hudson, DSO, Huntingdonshire FA continue to utilise the Safeguarding 365 guidance to further improve its safeguarding procedures, which requires on going self-assessment, with 2 external assessments undertaken by the NSPCC.

Huntingdonshire FA set clear standards for its clubs, leagues and referees and we continue to support the FA standards. It is the County FA’s commitment to fully adhere to the high standards set by The Football Association and ensuring all, including of our participants continue to be able to be safe within Huntingdonshire.

HUNTINGDONSHIRE FOOTBALL ASSOCIATION LIMITED

TRUSTEES' REPORT FOR THE SIX MONTHS ENDED 30 JUNE 2024

Achievements and performance

Safeguarding (continued)

We will continue to collaborate with stakeholders like Leagues, Clubs and Case Management, our Local Authorities and other County FA to ensure that we are delivering our safeguarding practises to the highest level.

Huntingdonshire FA was assessed in February 2024 as "meeting the standard", showing that we are exceeding in certain areas of the standard as described by the assessors.

Financial review

Financial Results

The charitable company has changed its financial year end to 30 June to fall in to line with county FAs across the country.

As a result, it is difficult to draw meaningful comparisons to previous years - as these accounts only cover a six month period.

Overall, there was a negative movement in funds of £28,922 and cash and bank balances decreased by £19,615.

Principal Funding Sources

The Association’s reliance on its principal source of income, The FA, rose from 51.31% in the year to 31 December 2023 to 57.29% in the six months to 30 June 2024, although as other income dropped due to the shortening of the accounting period, this was expected.

Reserves & Management

The Trustee responsible for Finance’s policy is to maintain reserves at a discretionary minimum level of 100 days’ operating costs including restricted expenditure. The reserves level was monitored regularly by The Trustee responsible for Finance with cash managed internally on a daily basis. This ensured that sufficient resources were available to meet the ever changing objectives and needs of the Association in the face of a sudden and significant drop in grant funding.

Risk Management

Risk management is a continuous process embedded throughout the governance structure. While the Trustees focus on the major strategic risks facing the Association, day to day management of operational risk is the responsibility of the County Secretary and staff. Each project is subject to a risk assessment at the start and review is maintained throughout its duration. Learning from the risk management of individual projects is shared throughout the Trustees and the Association. HFA maintains a business continuity plan which is regularly reviewed and updated. Led by the Trustees, the plan is designed to ensure HFA can continue to operate if its systems or facilities, or those of its strategic service delivery partners, are out of action for any significant length of time due to an unforeseen event. Updates on the risks are reported to the Trustees Board meetings by the County Secretary, for the Trustees to review and manage changes accordingly. The Covid 19 pandemic was an example of an unforeseen and highly significant impact to the Association. The governance structures, put in place by the Trustees, enabled the Association to react swiftly to the ever changing situation. Cost saving measures were implemented swiftly with the aim to sustain as much as possible the operational capabilities of the Association. Budgeting and frequent Forecasting enabled the Trustees to react to the financial plight faced and helped The Trustees to take the necessary actions to preserve the Association.

HUNTINGDONSHIRE FOOTBALL ASSOCIATION LIMITED

TRUSTEES' REPORT FOR THE SIX MONTHS ENDED 30 JUNE 2024

Financial review (continued)

Going concern

The governance structures, referred to above, allowed the Association to ensure that it was able to continue to operate throughout the pandemic. The forecasting has also shown that the Association is in a position to continue for at least the coming 12 months with the continued support of The FA.

Directors' responsibilities

The trustees (who are also the directors of the charity for the purposes of company law) are responsible for preparing the financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice.

The Companies Act 2006 requires the directors to prepare financial statements for each financial period, which give a true and fair view of the state of affairs of company and of the profit or loss of the company for that period. In preparing those financial statements, the directors 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 company. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

This report has been prepared in accordance with the special provisions for small companies of the Companies Act 2006.

This report was approved by the board of trustees on

On behalf of the board

M C Frost Director

HUNTINGDONSHIRE FOOTBALL ASSOCIATION LIMITED INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HUNTINGDONSHIRE FOOTBALL ASSOCIATION LIMITED FOR THE SIX MONTHS ENDED 30 JUNE 2024

I report on the accounts of the company for the period ended 30 June 2024, which are set out on pages 7 to 19.

Respective responsibilities of trustees and examiner

The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this period under section 144 of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. The charity’s gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of The Association of Accounting Technicians.

It is my responsibility to:

• follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act

Basis of independent examiner’s report

My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the next statement.

Independent examiner’s statement

In connection with my examination, no matter has come to my attention which gives me cause to believe that in, any material respect:

• the accounts do not comply with relevant accounting requirements under section 396 of the Companies Act 2006 other than any requirement that the accounts give a "true and fair" which is not a matter considered as part of an independent examination; or

I 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.

David Mason FMAAT DChA

DWM Accounting Limited 9 Needham Court Yaxley Peterborough PE7 3LE

Date:

HUNTINGDONSHIRE FOOTBALL ASSOCIATION LIMITED

STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITURE ACCOUNT) FOR THE SIX MONTHS ENDED 30 JUNE 2024

Unrestricted
Funds
Note
£
Income:
Income from charitable activities
3
116,545
Income from other activities
4
43,220
Investment income
5
2,035
Total income
161,800
Expenditure:
Charitable activities
6
211,112
Total resources expended
211,112
Net income for the period before transfers
(49,312)
Transfer between funds
19,112
Net movement in funds for the period
(30,200)
Fund balances brought forward
579,128
Fund balances carried forward
548,928		 Restricted
Funds
£
26,130
-
-
26,130
5,740
5,740
20,390
(19,112)
1,278
60,367
61,645		 6 months
12 months
Total
Total
2024
2023
£
£
142,675
342,782
43,220
55,327
2,035
3,359
187,930
401,468
216,852
389,123
216,852
389,123
(28,922)
12,345
-
-
(28,922)
12,345
639,495
627,150
610,573
639,495

The notes on pages 10 to 19 form part of these financial statements

HUNTINGDONSHIRE FOOTBALL ASSOCIATION LIMITED

BALANCE SHEET AS AT 30 JUNE 2024

Note
Fixed assets
Investments
12
Property, plant and equipment
13
Current assets
Debtors
14
Cash at bank and in hand
Creditors: amounts falling due
within one year
15
Net current assets
Net assets
Funds of the charity
16
Unrestricted funds
Restricted funds
17
Total charity funds		 £
£
£
£
20
20
417,256
432,470
417,276
432,490
33,416
18,979
215,228
234,845
248,644
253,824
(55,347)
(46,819)
193,297
207,005
610,573
639,495
548,928
579,128
61,645
60,367
610,573
639,495
At 30 June 2024
At 31 December 2023		 £
£
£
£
20
20
417,256
432,470
417,276
432,490
33,416
18,979
215,228
234,845
248,644
253,824
(55,347)
(46,819)
193,297
207,005
610,573
639,495
548,928
579,128
61,645
60,367
610,573
639,495
At 30 June 2024
At 31 December 2023
432,490
207,005
639,495
579,128
60,367
639,495

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for ensuring that the charitable company keeps accounting records which comply with section 386 of the Companies Act 2006 and for preparing accounts which give a true and fair view of the state of the affairs of the charitable company as at the end of the financial period and of its surplus or deficit for the financial period in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to accounts, so far as applicable to the charitable company.

The accounts have been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.

The financial statements were approved by the Board of Directors on

M C Frost Director

Company registration number 04451011 (England and Wales)

The notes on pages 10 to 19 form part of these financial statements

HUNTINGDONSHIRE FOOTBALL ASSOCIATION LIMITED

CASH FLOW STATEMENT FOR THE SIX MONTHS ENDED 30 JUNE 2024

Reconciliation to cash generated from operations
Surplus/(Deficit) for the year
Depreciation
Investment income
(Increase)/decrease in debtors
Increase/(decrease) in creditors
Net cash inflow from operating activities
Cash from other sources
Investment income
Application of cash
Payments to acquire fixed assets
(Decrease)/increase in cash
Cash at bank and in hand at beginning of the year
Cash at bank and in hand at end of the year		 6 months
12 months
2024
2023
£
£
(28,922)
12,345
15,214
32,165
(2,035)
(3,359)
(14,437)
11,355
8,528
(11,440)
(21,652)
41,066
2,035
3,359
-
(4,959)
(19,617)
39,466
234,845
195,379
215,228
234,845

The notes on pages 10 to 19 form part of these financial statements

HUNTINGDONSHIRE FOOTBALL ASSOCIATION LIMITED

NOTES TO THE ACCOUNTS FOR THE SIX MONTHS ENDED 30 JUNE 2024

1 Accounting policies

The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:

1.1 Basis of preparation

The financial statements have been prepared in accordance with 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 (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK (FRS 102) and the Companies Act 2006.

1.2 Public benefit

The charitable company meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note.

1.3 Preparation of the accounts on a going concern basis

The charitable company reported a cash outflow of £19,617 for the period. The trustees agree an annual budget and are confident that the charity is a going concern.

1.4 Income

All income is included in the Statement of Financial Activities in the period in which they are receivable, except for monies which are for specific periods crossing over the period end.

Income represents affiliation fees, course fees, fines, Football Association grants and other income receivable in the period.

1.5 Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the Bank.

1.6 Fund accounting

Funds held by the charity are:

Unrestricted general funds - these are funds which can be used in accordance with the charitable objects at the discretion of the trustees.

Restricted funds - these are funds that can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Designated funds - these are funds that have been set aside at the discretion of the Trustees for a specific, but not legally binding, purpose.

Further explanation of the nature and purpose of each fund is included in the notes to the accounts.

HUNTINGDONSHIRE FOOTBALL ASSOCIATION LIMITED

NOTES TO THE ACCOUNTS FOR THE SIX MONTHS ENDED 30 JUNE 2024

1 Accounting policies (continued)

1.7 Expenditure and irrecoverable VAT

All resources expended are accounted for gross, and in the period in which they are incurred. VAT is not recoverable by the charity and as such is included in the relevant costs in the Statement of Financial Activities.

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charity and include the accountancy fees and costs linked to the strategic

1.8 Tangible fixed assets and depreciation

Depreciation is provided at rates in order to write off each asset over its estimated useful life as follows:

Land and buildings 5% straight line Furniture and fittings 4% and 20% straight line Office equipment 20% straight line Computer equipment 20% straight line

1.9 Debtors

Debtors are recognised at the settlement amount due after any discount offered. Prepayments are valued at the amount prepaid net of any discounts due.

1.10 Cash at bank and in hand

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short term maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

1.11 Leasing and hire purchase commitments

Leases are classified as finance leases when they transfer substantially all the risks and rewards of ownership of the leased assets to the company. Other leases that do not transfer substantially all the risks and rewards of ownership of the leased assets to the company are classified as operating leases.

The company has entered into some hire purchase agreements for certain machinery assets that include the option to purchase the items at the end of the lease term for a nominal amount, which is expected to be much lower than their fair value at that date. The hire purchase agreements have been classified as finance leases as it is reasonably certain that the option will be exercised.

Rentals paid under operating leases are charged to profit and loss account on a straight line basis over the period of the lease.

1.12 Creditors and provisions

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any discounts due.

HUNTINGDONSHIRE FOOTBALL ASSOCIATION LIMITED

NOTES TO THE ACCOUNTS FOR THE SIX MONTHS ENDED 30 JUNE 2024

1 Accounting policies (continued)

1.13 Provisions

Provisions are recognised when the company has a legal or constructive obligation at the reporting date as a result of a past event, it is probable that the company will be required to settle the obligation and the amount of the obligation can be reliably estimated.

Provisions are recognised at the best estimate of the amount required to settle the obligation at the reporting date.

1.14 Taxation

The charitable company is now exempt from paying corporation tax on its investment income and from the annual requirement to file a corporation tax return.

1.15 Employee benefits

Short-term employee benefits

Short-term employee benefits are recognised as an expense in the period in which they are incurred.

Post-employment defined contribution plans

The company makes contributions for staff to a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund, or paid to employees' personal pension plans. The pension cost charge represents contributions payable by the company to the fund or personal plans and are recognised as an expense as they are incurred.

2 Legal status of the charity

Huntingdonshire Football Association Limited is a charitable company limited by guarantee, incorporated in England and Wales. Its registered office is Armstrong House, 4 Sovereign Court, Lancaster Way, Ermine Business Park, Huntingdon, Cambs, PE29 6XU.

The charity is a company limited by guarantee. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £10 per member of the charity.

HUNTINGDONSHIRE FOOTBALL ASSOCIATION LIMITED

NOTES TO THE ACCOUNTS FOR THE SIX MONTHS ENDED 30 JUNE 2024

3
Income from charitable activities
Unrestricted
Funds
£
FA Grants:
FA Salary and grants
77,417
FA grants - Rule 8e
-
FA grants - facilities management
4,500
FA grants - grass pitch funding
-
FA grants - football delivery funding
3,415
FA grants - Equal game ambassador
-
FA grants - Squad girls football programme
700
FA grants - Wildcats programme funding
700
FA grants - FA Futsal cup
-
FA grants - Grassroots awards
-
FA grants - Disability Football ambassador
-
FA grants - Comet Disability Funding
-
Development Income
-
Members Affiliation Fee
395
Referees’ Income
3,975
Discipline Income
25,443
116,545
4
Income from other activities
Unrestricted
Funds
£
Competition Income
11,015
Ticket Sales
3,368
Donations and sponsorships
4,000
Hire of head office
10,100
Miscellaneous income
14,660
Equipment Sales
77
43,220		 Restricted
Funds
£
-
20,940
-
-
-
-
-
-
-
-
-
-
5,190
-
-
-
26,130
Restricted
Funds
£
-
-
-
-
-
-
-		 6 months
12 months
Total
Total
2024
2023
£
£
77,417
161,192
20,940
21,533
4,500
9,000
-
500
3,415
3,415
-
1,487
700
2,000
700
2,300
-
800
-
600
-
2,650
-
500
5,190
25,506
395
44,770
3,975
16,005
25,443
50,524
142,675
342,782
6 months
12 months
Total
Total
2024
2023
£
£
11,015
18,648
3,368
3,560
4,000
610
10,100
20,725
14,660
11,780
77
4
43,220
55,327

HUNTINGDONSHIRE FOOTBALL ASSOCIATION LIMITED

NOTES TO THE ACCOUNTS FOR THE SIX MONTHS ENDED 30 JUNE 2024

5
Investment income
Unrestricted
Funds
£
Interest Received
2,035
6
Charitable expenditure
Unrestricted
Funds
£
Salaries
125,721
Development Expenditure
-
Disability Workforce Fund
-
Staff Expenses
1,853
Council and Referee Expenses
2,820
Consultancy charges
19,300
Rates
3,937
Insurance
3,003
Light, heat and water
5,693
Printing, stationery and advertising
703
Telephone & Postage
1,034
Professional Fees
960
Repairs & Maintenance
3,485
Vehicle expenses
2,211
Subscriptions
947
Benevolent Fund payments
-
Computer software costs
276
Discipline Expenditure
4,920
Competition Expenditure
11,877
Ticket Purchases
2,980
Bank and credit card charges
1,045
Miscellaneous Expenditure
1,453
Depreciation
15,214
Governance costs (note 7)
1,680
211,112		 Restricted
Funds
£
-
Restricted
Funds
£
-
3,687
-
-
1,828
-
-
-
-
-
-
-
-
-
-
225
-
-
-
-
-
-
-
-
5,740		 6 months
12 months
Total
Total
2024
2023
£
£
2,035
3,359
6 months
12 months
Total
Total
2024
2023
£
£
125,721
178,810
3,687
14,515
-
14,055
1,853
8,390
4,648
14,039
19,300
33,600
3,937
7,209
3,003
29,486
5,693
8,461
703
1,714
1,034
2,711
960
1,848
3,485
5,720
2,211
-
947
1,356
225
1,300
276
553
4,920
8,861
11,877
15,259
2,980
4,100
1,045
2,262
1,453
621
15,214
32,165
1,680
2,088
216,852
389,123

HUNTINGDONSHIRE FOOTBALL ASSOCIATION LIMITED

NOTES TO THE ACCOUNTS FOR THE SIX MONTHS ENDED 30 JUNE 2024

7 Governance costs

Unrestricted
Funds
£
Trustee travelling expenses (note 10)
180
Fees paid to trustees (note 10)
-
Accountancy fees
1,500
1,680		 Restricted
Funds
£
-
-
-
-		 6 months
12 months
Total
Total
2024
2023
£
£
180
175
-
400
1,500
1,513
1,680
2,088

8 Taxation

The charitable company is a non-profit making company and is exempt from corporation tax on any investment income earned during the period.

9 Net income for the period

This is stated after charging:

This is stated after charging:
6 months 12 months
2024 2023
£ £
Depreciation 15,214 32,165
Accountancy 1,500 1,513

10 Analysis of staff costs, trustee remuneration and expenses, and the cost of key management personnel

Salaries and wages
Social security costs
Pension costs
Consultancy costs		 6 months
12 months
2024
2023
£
£
112,497
159,687
9,725
14,311
2,886
4,749
16,800
33,600
141,908
212,347

No employee had benefits in excess of £60,000 (2022 : no employees) received remuneration amounting to more than £60,000 in either period.

Pension costs are allocated in proportion to the related staffing costs incurred.

The total employee benefits of the key management personnel of the charity were £33,600.

HUNTINGDONSHIRE FOOTBALL ASSOCIATION LIMITED

NOTES TO THE ACCOUNTS FOR THE SIX MONTHS ENDED 30 JUNE 2024

10 Analysis of staff costs, trustee remuneration and expenses, and the cost of key management personnel

During the period, the following payments were made to trustees:

6 months 6 months 12 months 12 months
2024 2024 2023 2023
Total Number of Total Number of
£ trustees £ trustees
Referee observation fees - - 100 1
Honoraria - - 400 1
Travel expenses 180 1 75 1

As these are paid in the second half of a calendar period, none were during the period.

11 Staff numbers

The average staff numbers during the period are as follows:

Average monthly head count during the period
Average number of full-time equivalent employees during the period
Additional average number of tutors during the period
Average number of tutors paid per month during the period
Investments
Total fixed asset investments comprise:
Interest in associate		 6 months
2024
6
6
8
-
6 months
2024
£
20		 12 months
2023
6
6
7
1
12 months
2023
£
20

12 Investments

Interest in associate

The charitable company holds 15% of the issued share capital of Sovereign Court Management Company Limited, a company incorporated in England and Wales.

The principal activity of Sovereign Court Management Company Limited is to maintain the common areas of Sovereign Court.

HUNTINGDONSHIRE FOOTBALL ASSOCIATION LIMITED

NOTES TO THE ACCOUNTS FOR THE SIX MONTHS ENDED 30 JUNE 2024

13 Property, plant and equipment

Freehold
property
Furniture
and fittings
£
£
Cost or valuation
At 1 January 2024
537,074
101,638
Additions
-
-
At 30 June 2024
537,074
101,638
Depreciation
At 1 January 2024
132,097
78,778
Charge for the period
9,549
5,065
At 30 June 2024
141,646
83,843
Net book value
At 30 June 2024
395,428
17,795
At 31 December 2023
404,977
22,860
Debtors
Trade debtors
Other debtors
Prepayments
Creditors: amounts falling due within one year
Trade creditors
Taxation and social security
Accruals and deferred income
Other creditors
Funds held for Hunts Sunday League		 Office
equipment
£
27,812
-
27,812
27,459
280
27,739
73
353		 Computer
equipment
£
4,568
-
4,568
288
320
608
3,960
4,280
6 months
2024
£
11,184
13,457
8,775
33,416
2024
£
2,718
(393)
46,181
2,553
4,288
55,347		 Total
£
671,092
-
671,092
238,622
15,214
253,836
417,256
432,470
12 months
2023
£
5,679
1,299
12,001
18,979
2023
£
4,560
(393)
31,766
6,598
4,288
46,819

14 Debtors

15 Creditors: amounts falling due within one year

HUNTINGDONSHIRE FOOTBALL ASSOCIATION LIMITED

NOTES TO THE ACCOUNTS FOR THE SIX MONTHS ENDED 30 JUNE 2024

16
Analysis of charitable funds
Unrestricted
funds
£
Fund balances at 30 June 2024 are represented by:
Investments
20
Tangible fixed assets
417,256
Current assets
186,999
Current liabilities
(55,347)
Net assets
548,928
17
Restricted funds
Opening
Incoming
Resources
balance
resources
expended
£
£
£
-
-
(1,828)
FA grants - Rule 8e
-
20,940
-
Development Income
41,888
5,190
(3,687)
Bursaries
13,932
-
-
Benevolent Fund
4,547
-
(225)
60,367
26,130
(5,740)
FA grants - referee retention
and mentoring		 Restricted
funds
Total
£
£
-
20
-
417,256
61,645
248,644
-
(55,347)
61,645
610,573
Closing
Transfers
balance
£
£
1,828
-
(20,940)
-
-
43,391
-
13,932
-
4,322
(19,112)
61,645

The FA Salary grant is to pay the salaries of the charity - any shortfall is transferred from unrestricted funds. Other FA grants are for the specific purposes stated above.

Development income is monies received for specific, small projects.

Bursary income is paid out once trainees have completed their courses - the fund balance carried forward is in respect of timing differences at the year end.

The Benevolent Fund was previously administered by a separate charity. It provides provide grants to football players who have suffered severe injury whilst participating in a football activity with a registered member club of the Huntingdonshire Football Association. It also provides grants to any member, player or ex-member who declares the need for financial assistance.

HUNTINGDONSHIRE FOOTBALL ASSOCIATION LIMITED

NOTES TO THE ACCOUNTS FOR THE SIX MONTHS ENDED 30 JUNE 2024

18 Related party transactions

During the period, the charitable company received a management fee of £1,775 from Sovereign Court Management Company Limited for managing the common areas of Sovereign Court.

The charitable company also paid £1,522 to Sovereign Court Management Company Limited in respect of service charges for their part of the common areas of Sovereign Court.

Two directors of the charitable company are the two directors of Sovereign Court Management Company Limited. The company secretary of the charitable company is also the company secretary of Sovereign Court Management Company Limited.

A director of the charitable company provides consultancy to the charitable company in respect of being the director of administration - this is through that director's limited company. The amount charged is £16,800 (2023 - £33,600). A further £4,320 (2023 - £8,640) is paid to their company in respect of consultancy for discipline.

19 Control

No one individual has overall control of the company.

HUNTINGDONSHIRE FOOTBALL ASSOCIATION LIMITED

DETAILED INCOME AND EXPENDITURE ACCOUNT FOR THE SIX MONTHS ENDED 30 JUNE 2024

Income
Competition Income
Members Affiliation Fee
Benevolent Fund donations
Ticket Sales
Referees’ Income
Discipline Income
Interest Received
Hire of head office income
Miscellaneous Income
Donations and sponsorships
FA Grants
Development Income
Equipment Sales
TOTAL INCOME
Expenditure
Salaries
Rates
Light, heat and water
Staff Expenses
Council and Referee Expenses
Consultancy charges
Printing, Stationery & Advertising
Telephone & Postage
Professional Fees
Miscellaneous Expenditure
Repairs & Maintenance
Vehicle expenses
Hire of head office expenses
Subscriptions
Benevolent Fund payments
Insurance
Computer software costs
Ticket Purchases
Discipline Expenditure
Development Expenditure
Disability Workforce Fund
Competition Expenditure
Bank and credit card charges
Depreciation
TOTAL EXPENDITURE
Excess of Income over Expenditure		 6 months
12 months
2024
2023
£
£
11,015
18,648
395
44,770
-
10
3,368
3,560
3,975
16,005
25,443
50,524
2,035
3,359
10,100
20,725
14,660
11,780
4,000
600
107,672
205,977
5,190
25,506
77
4
187,930
401,468
125,721
179,210
3,937
7,209
5,693
8,461
1,853
8,390
4,828
14,214
19,300
33,600
703
1,714
1,034
2,711
2,460
3,361
1,453
621
3,485
5,720
2,211
-
-
-
947
1,356
225
1,300
3,003
29,486
276
553
2,980
4,100
4,920
8,861
3,687
14,515
-
14,055
11,877
15,259
1,045
2,262
15,214
32,165
216,852
389,123
(28,922)
12,345