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**REGISTERED COMPANY NUMBER: 10280313 (England and Wales) REGISTERED CHARITY NUMBER: 1169248**
**Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 July 2020 for**
## **MAWSLEY FC**
Infinitas Accountants Limited Infinitas House 58 Warkton Lane Barton Seagrave Kettering Northamptonshire NN15 5AA
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## **MAWSLEY FC**
**Contents of the Financial Statements for the Year Ended 31 July 2020**
||Page|
|---|---|
|Report of the Trustees|1 to 3|
|Independent Examiner's Report|4|
|Statement of Financial Activities|5|
|Balance Sheet|6 to 7|
|Notes to the Financial Statements|8 to 11|
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## **MAWSLEY FC**
## **Report of the Trustees for the Year Ended 31 July 2020**
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 July 2020. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities' issued in March 2005.
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number**
10280313 (England and Wales)
## **Registered Charity number**
1169248
## **Registered office**
3 Kemps Close Kettering United Kingdom NN14 1GQ
## **Trustees**
N D Hughes M A Willis
## **Company Secretary**
M A Willis
## **Independent examiner**
Infinitas Accountants Limited Infinitas House 58 Warkton Lane Barton Seagrave Kettering Northamptonshire NN15 5AA
## **STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document**
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
## **Recruitment and appointment of new trustees**
When recruiting new trustees, note is made of the qualifications and skills. The Board considers the ability of a new trustees to service the charity in promoting its aims and objectives.
## **Induction and training of new trustees**
Induction of new trustees is carried out on an individual basis given the small size of the charity. The induction is tailored to the individual and seeks to inform of the legal obligations and responsibilities and the need to act independently and in the best interest of the charity. it makes them aware of the activities of the charity and
the aspects of charity work the new trustee has been appointed for.
## **Organisational structure**
The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were: Mr N D Hughes Mr M A Willis
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## **MAWSLEY FC**
## **Report of the Trustees for the Year Ended 31 July 2020**
## **STRUCTURE, GOVERNANCE AND MANAGEMENT Related parties**
The charity does not have any related parties. Trustees maintain a register of business interests and have a policy ensuring no transactions are held with related parties.
## **Risk management**
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. The charity is small and the trustees work closely within the charity and therefore are able to oversee, respond and identify risks quickly. The trustees meet regularly and risk is discussed. A risk register is held and risks identified have been safeguarded.
## **OBJECTIVES AND ACTIVITIES Objectives and aims**
Mawsley FC has the principle objective of the promotion of community participation in healthy recreation, in particular by the provision of facilities for the playing of Association Football.
We provide opportunities for young people aged 5 to 17 to play football. Through the playing of football our coaches encourage all age groups to understand the values of teamwork, supporting the community and respect through sport. Through the provision of training and entry in a local league the young people also have an opportunity to improve and maintain physical fitness.
All of the Charity Trustees take very seriously the role they and the charity have in providing opportunities and
valuable life experience for the club's players through participation in the charity's activities
## **Significant activities**
We provide opportunities for young people aged 5 to 17 to play football. Through the playing of football our coaches encourage all age groups to understand the values of team work, supporting the community and respect through sport. Through the provision of training and entry in a local league the young people also have an opportunity to improve and maintain physical fitness.
All of the Charity Trustees take very seriously the role they and the charity have in providing opportunities and valuable life experience for the club's players through participation in the charities activities.
## **Public benefit**
As a principle the trustees refer to the Charity Commission's general guidance on Public Benefit when reviewing the charity's objectives and planning future activities. In particular, the trustees consider how planned activities will contribute to its charitable activities.
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## **MAWSLEY FC**
## **Report of the Trustees for the Year Ended 31 July 2020**
## **ACHIEVEMENT AND PERFORMANCE**
## **Charitable activities**
The club has grown from a single team over 15 years ago to the 20 teams we have today. Every year for the last 3 years we have added an additional team to the club driven by demand from more young people asking to get involved and play for the club at one of our age groups. Football is a popular sport and through the provision of facilities, coaching and the ability to participate we, like many other grassroots football clubs provide a valuable asset to the community.
We have 26 volunteer coaches at the club. All of the coaches have passed appropriate coaching qualifications
and the club is FA Charter Standard which means that we can demonstrate the very high standards of welfare
and development within the football club.
For youth football the club is open to young people in the area. We provide free places to a number of young people each year that would not otherwise be able to participate in sport. We provide them with kit, coaching and the ability to participate matches.
We maintain our home facilities of 4 grass football pitches, with an FA supported pitch development plan and support the shared community facilities providing home, away and officials changing rooms.
Our girls' section has continued to grow this year and is an area of significant importance to the Charity and is a key investment for our future growth and increase in participants across the community.
Finally, the participation in any team sport provide valuable life lessons for any young person. The ability to work with and communicate with others. Respect for each other and their abilities and the value of playing to the rules, this continues to be the key focus and success criteria for the charity. 2020 has been a challenging year for most but for the charity the covid 19 restrictions have also impacted on our ability to raise funds due to the restrictions on team sport and group events. The impact can be seen in our financial position at the end of the year.
## **Fundraising activities**
Small fundraising activities are held in the year to generate income for the club teams.
## **FINANCIAL REVIEW Reserves policy**
The charity holds a reserve to ensure that during inclement weather we are still able to provide training facilities when the clubs are unavailable. The reserves held at the year end were £16,850 (2019: £1,627).
## **Principal funding sources**
Subscriptions are the main funding source from which further income is generated from gift aid.
The charity maintained a growth in revenue during the year reflecting the number of additional players we attracted. The charity generated a deficit at the end of the year.
The club holds a reserve to ensure that during inclement weather we are still able to provide training facilities when the clubs are unavailable.
The charity has a positive financial position to enable us to continue to maintain and grow our activities in the coming year.
## 13/12/2020
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
............................................. M A Willis - Trustee
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## **Independent Examiner's Report to the Trustees of Mawsley FC**
I report on the accounts of the company for the year ended 31 July 2020, which are set out on pages five to eleven.
## **Responsibilities and basis of report**
As the charity's trustees (and also the directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independant examination, I have examined your charity's accounts as required under section 145 of the Charities Act 2011 ('the Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
My role is to state whether any material matters have come to my attention giving me cause to believe:
1. that accounting records were not kept as required by section 386 of the Companies Act 2006; or
2. that the accounts do not accord with those records; or
3. that the accounts do not comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the 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; or
4. that there is further information needed for a proper understanding of the accounts.
## **Independent examiner's statement**
I have completed my examination and have no concerns in respect of the matters (1) to (4) listed above and, in connection with following the Directions of the Charity Commission I have found no matters that require drawing to your attention.
Caroline Armstrong Infinitas Accountants Limited Infinitas House 58 Warkton Lane Barton Seagrave Kettering Northamptonshire NN15 5AA
## 13/12/2020
Date: .............................................
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## **MAWSLEY FC**
## **Statement of Financial Activities for the Year Ended 31 July 2020**
|**2020**
**Unrestricted**
**fund**
Notes
**£**
**INCOMING RESOURCES**
**Incoming resources from generated**
**funds**
Voluntary income
46,404
**RESOURCES EXPENDED**
**Costs of generating funds**
Costs of generating voluntary income
2
30,220
**Governance costs**
960
**Total resources expended**
31,180
**NET INCOMING/(OUTGOING)**
**RESOURCES**
15,224
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
1,626
**TOTAL FUNDS CARRIED FORWARD**
16,850|**2019**
**Total**
**funds**
**£**
37,080
38,439
768
39,207
(2,127)
3,753
1,626|
|---|---|
The notes form part of these financial statements
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## **MAWSLEY FC**
## **Balance Sheet At 31 July 2020**
|**2020**
**Unrestricted**
**fund**
Notes
**£**
**FIXED ASSETS**
Tangible assets
5
9,131
**CURRENT ASSETS**
Debtors
6
17
Cash at bank
8,650
8,667
**CREDITORS**
Amounts falling due within one year
7
(948)
**NET CURRENT ASSETS/(LIABILITIES)**
7,719
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
16,850
**NET ASSETS**
16,850
**FUNDS**
8
Unrestricted funds
16,850
**TOTAL FUNDS**
16,850|**2019**
**Total**
**funds**
**£**
5,184
1,027
11,947
12,974
(16,532)
(3,558)
1,626
1,626
1,626
1,626|
|---|---|
The notes form part of these financial statements
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continued...
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## **MAWSLEY FC**
## **Balance Sheet - continued At 31 July 2020**
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2020.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2020 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to charitable small companies and with the Financial Reporting Standard for Smaller Entities (effective January 2015).
13/12/2020
The financial statements were approved by the Board of Trustees on ............................................. and were signed on its behalf by:
............................................. M A Willis -Trustee
The notes form part of these financial statements
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**Notes to the Financial Statements for the Year Ended 31 July 2020**
## **MAWSLEY FC**
## **1. ACCOUNTING POLICIES**
## **Accounting convention**
The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.
## **Incoming resources**
All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
## **Resources expended**
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost and 25% on cost
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds 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.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **Hire purchase and leasing commitments**
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
## **2. COSTS OF GENERATING VOLUNTARY INCOME**
|Bad debts
Support costs|2020
£
2,514
27,706
30,220|2019
£
337
38,102|
|---|---|---|
|||38,439|
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## **MAWSLEY FC**
## **Notes to the Financial Statements - continued for the Year Ended 31 July 2020**
## **3. NET INCOMING/(OUTGOING) RESOURCES**
Net resources are stated after charging/(crediting):
||2020|2019|
|---|---|---|
||£|£|
|Depreciation - owned assets|3,253|2,792|
|Other operating leases|9,701|7,678|
## **4. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 July 2020 nor for the year ended 31 July 2019 .
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 July 2020 nor for the year ended 31 July 2019 .
## **5. TANGIBLE FIXED ASSETS**
|**5.**|**TANGIBLE FIXED ASSETS**|||
|---|---|---|---|
||||**Plant and**|
||||**machinery**|
||||**etc**|
||||£|
||**COST**|||
||At 1 August 2019||9,750|
||Additions||7,200|
||At 31 July 2020||16,950|
||**DEPRECIATION**|||
||At 1 August 2019||4,566|
||Charge for year||3,253|
||At 31 July 2020||7,819|
||**NET BOOK VALUE**|||
||At 31 July 2020||9,131|
||At 31 July 2019||5,184|
|**6.**|**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|||
|||2020|2019|
|||£|£|
||Trade debtors|17|1,027|
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## **MAWSLEY FC**
## **Notes to the Financial Statements - continued for the Year Ended 31 July 2020**
## **7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
|Trade creditors
Other creditors
**8.**
**MOVEMENT IN FUNDS**|2020
£
-
948
948|2019
£
28
16,504|
|---|---|---|
|||16,532|
||||
|||**Net**||
|---|---|---|---|
|||**movement**||
||**At 1.8.19**|**in funds**|**At 31.7.20**|
||**£**|**£**|**£**|
|**Unrestricted funds**||||
|General fund|1,626|15,224|16,850|
|**TOTAL FUNDS**|1,626|15,224|16,850|
|Net movement in funds, included in the above are as follows:||||
||**Incoming**|**Resources**|**Movement**|
||**resources**|**expended**|**in funds**|
||**£**|**£**|**£**|
|**Unrestricted funds**||||
|General fund|46,404|(31,180)|15,224|
|**TOTAL FUNDS**|46,404|(31,180)|15,224|
|**Comparatives for movement in funds**||||
|||**Net**||
|||**movement**||
||**At 1.8.18**|**in funds**|**At 31.7.19**|
||**£**|**£**|**£**|
|**Unrestricted Funds**||||
|General fund|3,753|(2,127)|1,626|
|**TOTAL FUNDS**|3,753|(2,127)|1,626|
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## **MAWSLEY FC**
## **Notes to the Financial Statements - continued for the Year Ended 31 July 2020**
## **8. MOVEMENT IN FUNDS - continued**
Comparative net movement in funds, included in the above are as follows:
||**Incoming**|**Resources**|**Movement**|
|---|---|---|---|
||**resources**|**expended**|**in funds**|
||**£**|**£**|**£**|
|**Unrestricted funds**||||
|General fund|37,080|(39,207)|(2,127)|
|**TOTAL FUNDS**|37,080|(39,207)|(2,127)|
A current year 12 months and prior year 12 months combined position is as follows:
|**Net**
**movement**
**At 1.8.18**
**in funds**
**At**
**£**
**£**
**Unrestricted funds**
General fund
3,753
13,097
**TOTAL FUNDS**
3,753
13,097|**31.7.20**
**£**
16,850|
|---|---|
||16,850|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
||**Incoming**|**Resources**|**Movement**|
|---|---|---|---|
||**resources**|**expended**|**in funds**|
||**£**|**£**|**£**|
|**Unrestricted funds**||||
|General fund|83,484|(70,387)|13,097|
|**TOTAL FUNDS**|83,484|(70,387)|13,097|
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