Draft
BARTLEY REDS FOOTBALL CLUB (Charitable incorporated organisation)
REPORT AND ACCOUNTS
YEAR ENDED 30 JUNE 2021 Registered Charity No 1172746
CONTENTS
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Page 1 Legal and administrative information 2 - 3 Report of the trustees
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4 Report of the independent examiner 5 Statement of financial activities
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6 Balance sheet 7 - 8 Notes and accounting policies
BARTLEY REDS FOOTBALL CLUB
LEGAL AND ADMINISTRATIVE INFORMATION
Charity registration: The Charity was registered on 25 April 2017 as a charitable incorporated organisation. Charity number: 1172746 Governing body: The Board of Trustees Principal office: 102 Masons Way Solihull West Midlands B92 7JF Independent examiner: Malcolm H J Willcox, FCCA Messrs Malcolm Willcox & Co Chartered Certified Accountants Hagley House 93 Hagley Road Edgbaston Birmingham B16 8LA
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BARTLEY REDS FOOTBALL CLUB
REPORT OF THE TRUSTEES YEAR ENDED 30 JUNE 2021
The trustees submit their report and financial statements for the year ended 30 June 2021.
Incorporation and status
The Charity was registered with the Charity Commission for England and Wales as a charitable incorporated organisation on 25 April 2017, and as such has no share capital.
Principal activity
The Charity was formed as a grassroots community-based football club, welcoming everybody to play the sport.
The objects of the Charity as set out in its constitution are:
The promotion of community participation in healthy recreation in particular by the provision of facilities for the playing of football.
To advance such charitable purposes as the trustees see fit from time to time.
Public benefit
In the opinion of the trustees, the Charity provides a public benefit, as described in the Charities Act 2011, by providing services with the aim of improving the health of people living in and around Bartley Green and the surrounding areas.
Financial result
This is shown in the statement of financial activities on page 5.
Reserves policy and going concern
The trustees are confident that there are adequate financial resources to continue in operation for the foreseeable future.
It is intended to build up reserves to cover a maximum of six months expenditure.
Plans for the future
The trustees plan to increase the operating capacity of the charity when demand and financial resources permit.
Governance and management
The Charity is governed by a board of trustees who are all unpaid volunteers.
The trustees are:
David Taylor Sarah Khan Stephen Bonning
New members receive induction training to: brief them on their obligations under charity law; and to inform them of the content of the constitution and general working practices of the Charity.
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BARTLEY REDS FOOTBALL CLUB
REPORT OF THE TRUSTEES - continued YEAR ENDED 30 JUNE 2021
Related parties
Any contractual or other relationship with a third party providing goods and services to the charity, must be disclosed to the board. In the current year no such related party transactions were reported.
Risk management
The trustees are aware of the major risks to the Charity, and have introduced the necessary steps to lessen these risks.
Trustees’ responsibilities in relation to the financial statements
The trustees are obliged under charity law to prepare financial statements in accordance with applicable UK law and Generally Accepted Accounting Practice.
The trustees are satisfied that these financial statements give a true and fair view of the organisation’s affairs at 30 June 2021, and of its result for the year then ended.
The trustees are satisfied that adequate accounting records have been maintained in order to safeguard the assets of the Charity and to prevent and detect fraud and other irregularities.
Independent examiner
Malcolm H J Willcox, FCCA of Malcolm Willcox & Co, Certified Chartered Accountants, has signified his willingness to continue in office.
Approved and signed on behalf of the trustees by
………………………………………….
DAVID TAYLOR Trustee
March 2022
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REPORT OF THE INDEPENDENT EXAMINER
TO THE TRUSTEES OF BARTLEY REDS FOOTBALL CLUB (charitable incorporated organisation)
I report to the charity trustees on my examination of the accounts of the charity for the year ended 30 June 2021 which are set out on pages 5 to 8.
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 charity’s accounts carried out under section 145 of the 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:
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accounting records were not kept in respect of the charity as required by section 130 of the Act; or
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the accounts do not accord with those records; or
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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.
MALCOLM H J WILLCOX FCCA
Malcolm Willcox & Co
Chartered Certified Accountants and Statutory Auditors Birmingham
March 2022
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BARTLEY REDS FOOTBALL CLUB
STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 30 JUNE 2021
| 2021 | 2020 | ||
|---|---|---|---|
| Note | £ | £ | |
| Income | |||
| Donations and sponsorship | 3,992 | 3,453 | |
| Charitable activities – players subscriptions | 66,292 | 74,580 | |
| Other income including cancellations | 3,926 | 3,752 | |
| ESC Lottery Fund grant | - | 8,000 | |
| Football Foundation grant | 1,250 | 2,650 | |
| Gift Aid | 3,819 | - | |
| ______ | ______ | ||
| 79,279 | 92,435 | ||
| Expenditure | |||
| Charitable activities | ( 3 ) | (82,878) | (76,986) |
| ______ | ______ | ||
| Net expenditure/income | ( 3,599) | 15,449 | |
| Accumulated fund bought forward | 21,044 | 5,595 | |
| ______ | ______ | ||
| Accumulated fund carried forward | 17,445 | 21,044 | |
| ______ | ______ |
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BARTLEY REDS FOOTBALL CLUB
BALANCE SHEET AS AT 30 JUNE 2021
| 2021 | 2020 | |
|---|---|---|
| £ | £ | |
| Current assets | ||
| Prepaid expenditure | 23,958 | 1,415 |
| Cash at bank | 2,392 | 20,229 |
| Cash in hand | - | - |
| ______ | ______ | |
| Total current assets | 26,350 | 21,644 |
| Creditors– amounts falling due | ||
| within one year | ||
| Accrued expenses | ( 600) | ( 600) |
| Deferred income | ( 8,305) | - |
| ______ | ______ | |
| Net assets | 17,445 | 21,044 |
| ______ | ______ | |
| Accumulated unrestricted fund | 17,445 | 21,044 |
| ______ | ______ |
These financial statements have been prepared under the Charities Act 2011 and are subject to an independent examination.
Approved and signed on behalf of the Charity on March 2022 by
…………………………………………. DAVID TAYLOR Trustee
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BARTLEY REDS FOOTBALL CLUB
NOTES TO THE ACCOUNTS YEAR ENDED 30 JUNE 2021
1 ACCOUNTING POLICIES
The principal accounting policies adopted in the preparation of the financial statements are as follows:
Basis of preparation
The financial statements have been prepared in accordance with the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice (SORP) and the Financial Reporting Standard 102 (FRS102), effective 1 January 2015; also known as Charities SORP (FRS102).
Bartley Reds Football Club meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.
Going concern
The financial statements have been prepared on a going concern basis, as the trustees believe that no material uncertainties exist, and they have a reasonable expectation that the Charity has adequate resources to finance its operation in the foreseeable future.
Income recognition
Incoming resources are accounted for when receivable.
Charitable expenditure
Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, when this can be measured reliably.
Fund accounting
The Charity’s only fund is unrestricted, which means it is available to spend on its activities.
Taxation
The Charity is not liable to UK corporation tax because of its charitable status.
2 LEGAL STATUS
The Charity is a charitable incorporated organisation and has no share capital. In the event of the Charity being wound up, the trustees have no personal liability.
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BARTLEY REDS FOOTBALL CLUB
NOTES TO THE ACCOUNTS - continued YEAR ENDED 30 JUNE 2021
| 2021 | 2020 | ||
|---|---|---|---|
| £ | £ | ||
| 3 | CHARITABLE EXPENDITURE | ||
| Operating costs: | |||
| Equipment and kits | 29,054 | 22,732 | |
| Match expenses, pitch and ground hire | |||
| and tournaments | 28,613 | 21,204 | |
| Ground and pitch improvements | 2,500 | - | |
| Referees fees | 5,286 | 6,039 | |
| Training | 9,218 | 13,157 | |
| Birmingham County FA | 2,908 | 4,615 | |
| League fees | 1,318 | 3,246 | |
| Presentations, trophies and prizes | 490 | 3,234 | |
| Sponsorship | 744 | 140 | |
| Bereavement donation | 50 | - | |
| General expenses | 1,386 | 1,244 | |
| Advertising and publicity | 223 | 567 | |
| Covid expenses | - | 158 | |
| Fundraising | 488 | 50 | |
| ______ | ______ | ||
| 82,278 | 76,386 | ||
| Governance costs: | |||
| Statutory examination fee | 360 | 360 | |
| Accountancy | 240 | 240 | |
| ______ | ______ | ||
| 82,878 | 76,986 | ||
| ______ | ______ | ||
| 4 | STAFF COSTS |
No staff were employed
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