2025-06-30-accounts - Morley Youth FC

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Charity registration number: 1173048

MORLEY YOUTH FC TRUSTEES' REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025

Morley Youth FC Contents

	Page
Reference and Administrative Details	1
Trustees' Report	2—5
Independent Examiner's Report	6
Statement of Financial Activities	7
Comparative Statement of Financial Activities	8
Statement of Financial Position	9
Notes to the Financial Statements	10—15
The following pages do not form part of the statutory accounts:
Detailed Statement of Financial Activities	16

Morley Youth FC Reference and Administrative Details For The Year Ended 30 June 2025

Trustees	Mr Timothy Chenery - Chair
	Mr Alan Newell
	Mr Robert Boulter
Charity Number	1173048
Principal Address	Mr T Chenery
	10 Teasel Road
	Attleborough
	Norfolk
	NR17 1XX
Independent Examiner	Gascoynes
	Gascoyne House
	Moseleys Farm Business Centre
	Bury St Edmunds
	Suffolk
	IP28 6JY

Page 1

Trustees' Report For The Year Ended 30 June 2025

Morley Youth FC

The trustees present their report and the financial statements for the year ended 30 June 2025.

Objectives and Activities

Aims and Objectives

Promote community participation in healthy recreation by providing for children and young people the ability to advance the amateur sport of associated football, people who have need of such facilities due to their youth, age, infirmity or disablement, poverty, social & economic circumstances in the interest of social welfare, with the object of improving their condition of life and advancing their education.

Our objectives are set to reflect our aims set out by the Club and is key to us that this is maintained and improved for the success of the Club and the benefit of the community.

The Clubs objectives mirror the aims set out to the Charity Commission being key to the benefit of the public.

Zero to Hero – Take children / youths with no or very little football skills to enable them to participle in associated football and demonstrate their achievements because of being with the Club.

Associated football – Participate and promote the Football Association and Football League in the development of the children / youths in participation and development gained from participation.

Promote – Promote participation from the local community as well as adjacent communities through local schools & colleges in the development of the children & youths.

Community activity – Promote Club activities within the community to bring children / youth and adults together, building a team environment and approachable attitude, breaking down barriers and self-promotion.

Healthy recreation – Promote healthy recreation through the medium of associated football for children / youth as well as the volunteers of the Club.

Youth service – Offer a service to the children and youth of the community to enable them to blossom and develop in a recreation that is specifically tailored for them.

Ability – Promote to children and youths that no matter what their ability that there is a place for them in Associated Football and the Club will endeavour to improve their ability where we can.

Circumstances – Accept children / youth Club Members no matter what their circumstances are, giving all areas of the community the same options and the ability to participate, flexible and approachable in or actions.

Social Welfare – Offer a safe, quality, and structured environment. Supplying a safe structured approach and friendly environment.

Improving – Develop and improve the skills of the children / youth of the Club physically, mental & socially. Educate – Educate the Children / youths and volunteers of the Club for the good of the community.

Achievements and Performance

Main Achievements

Children / Youth Members – with 233 children / youth members of the Club being trained weekly and entered into associated football's match fixtures during the football season.

U5’s & U6’s playing development football, and all getting the chance to play different positions of football and develop due to the environment. Playing against youth of the same abilities. Develop social skills and respect for others in the sport.

U7’s through to U11’s playing development football, and all getting the chance to play different positions of football and develop due to the environment. Playing against other Clubs with children / youth of the same abilities. Develop social skillsand respect for others in the sport.

U11’s Girls only team playing development football, and all getting the chance to play different positions of football and develop due to the environment. Playing against other Clubs with children / youth of the same abilities. Develop social skills and respect for others in the sport.

...CONTINUED

Page 2

Morley Youth FC Trustees' Report (continued) For The Year Ended 30 June 2025

Main Achievements - continued

U12’s through to U16’s playing competitive football with the focus on social skills, team work, respect, skills and personal development. All teams demonstrating a year on year improvement in their all-round development. Those children / youths that have developed beyond the normal given the opportunity of trialling for the local football academies.

Volunteer Members – with 40 volunteers of the Club managing, coaching, assisting, supporting in the day to day running of the Club to ensure the standard set is maintained. Offering support and development for volunteers as required.

Meeting Structure – Meetings restructured this period to committee meeting for Club officials, team managers, coaches & assistants meeting & fundraising team meeting. All meetings feed into each other and follow a set agenda in line with good practice. To improve communication flow through the whole Club.

Financial Planning – A firm constructive budget was set from this period for the next period covering all aspects of the Club to ensure no restrictors in cash flow with Club & Club Members development being key. Main focus being able to supply access to 1st class training facilities in the winter period for all Club Members.

Communication – Improvement in communication through the age groups and volunteers to promote the good work, development opportunities and social activities being supplied and supported by the Club for the children / youth and volunteers.

Details of grants, bursaries and financial awards

Volunteers helped the Club to gather information and look for viable grants that would benefit the children / youth and volunteers of the Club.

Grants – A grant was obtained from the Football Foundation for £2,555 (2024 - £0) to maintain the pitches for another season.

Bursaries – No Bursary’s were obtained and utilised for this period.

Financial Awards – The Club managed to obtain funding from key local businesses for kit as well as fundraising in the community of £6,359 (2024 - £6,343) towards the develop the children / youths of the Club.

Educational resources

We continue to utilise all education resources made available to the Club through the Football League, Norfolk FA and The FA to improve and develop the children / youth of the Club as well as the volunteers delivering the development. The Clubs promotes self-improvement to the volunteers delivering the training to the children / youths of the Club in line with these key organisations in associated football. A lot of the resources are now available on-line so better access at times that suit the volunteers.

Community access

The Club is transparent and easily approachable by the community, primarily via the Clubs website and Facebook but also working with the community through the Village Hall Team and Parish Council Team in offering access to all.

Financial Review

Financial Position

The Club has now achieved a visible brand in the community. Actively seeking grants and opportunities to generate funding as well as working to a plan to reduce running costs to deliver an ongoing affordable option for the community to be able to participate in.

Through fundraising and donations, we have managed to secure £6,359 (2024 - £6,343) which is a fantastic result. This is a mixture of grants, pitch side advertising, fundraising events, donations, and Kit Sponsorship. We have had social, community and team events for all and supported visitors to our Club.

Financial Health is monitored by the Management Committee on a by monthly basis to ensure the Club is on target with the budget that has been set. The budget is reviewed on a yearly basis.

...CONTINUED

Page 3

Morley Youth FC Trustees' Report (continued) For The Year Ended 30 June 2025

Financial Position - continued

The cash reserve that we have at the end of the June 2025 period is from the pitch improvements grant and the step to lease the grounds to secure the Football Clubs future. This will help ensure the pitches are usable and reduce overheads from our funds.

Plans

Club Finances – Continue the annual budget review covering all aspects of the requirements of the Club in its development towards an affordable activity for children / youths in the community. Supplying the correct volunteer skill set and equipment that is made for purpose.

Club Development – Utilisation of automated payment systems through banks for registration, subs, and referee payments with the elimination of manual cash handling unless the situation requires it. Utilising the time gained to deliver more timedeveloping the children / youths of the Club and community. Develop all the age groups that are permissible using the space and volunteers we have available. With a focus on increasing the number of girls teams.

Club Maintenance – Support the longer-term plan to lease the grounds we utilise and improve and develop them to be continually suitable for the children / youth of the Club’s needs. Investigate ways to reduce overheads and cost-effective solutions to the requirements of the Club.

Club ethos, policies & strategy

The Club maintains a healthy ethos, polices to deliver a safe, structured, fun and friendly environment. These are revised on a regular basis and adapted to keep in line with good practice. We have a solid strategy to deliver the objectives the Club has set out which are continually being maintained and improved to deliver.

Structure, Governance and Management

Trustees

The trustees who served during the year and up to the date of signature of the financial statements were: Timothy Chenery Robert Boulter Alan Newell

Statement of Trustees' Responsibilities

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

The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing the financial statements the trustees are required to:

select suitable accounting policies and then apply them consistently; observe the methods and principles in the Charity SORP;
make judgments and accounting estimates that are reasonable and prudent; and
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.

The trustees are responsible for keeping adequate accounting records which disclose with reasonable accuracy at anytime the financial position of the charity and to enable them to ensure that the accounts comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. 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.

The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charity's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Page 4

Morley Youth FC Trustees' Report (continued) For The Year Ended 30 June 2025

The trustees' report was approved by the board of trustees and signed on its behalf by:

Timothy Chenery (Apr 23, 2026 10:34:17 GMT+1) Mr Timothy Chenery Trustee 23/04/2026

Page 5

Morley Youth FC Independent Examiner's Report to the Trustees of Morley Youth FC For The Year Ended 30 June 2025

I report to the trustees on my examination of the accounts of Morley Youth FC (the Trust) for the year ended 30 June 2025.

Responsibilities and Basis of Report

As the charity trustees of the Trust 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 Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed 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 Trust as required by section 130 of the Act; or
the accounts do not accord with those records; or
the accounts do not comply with the applicable requirements concerning the form and contents 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.

Timothy Chenery (Apr 23, 2026 10:34:17 GMT+1)

Gascoynes 23/04/2026 Gascoyne House Moseleys Farm Business Centre Bury St Edmunds Suffolk IP28 6JY

Page 6

Morley Youth FC Statement of Financial Activities For The Year Ended 30 June 2025

Unrestricted funds £ 41,733 3,831 172	Restricted funds £ 2,555 - -	2025 Total funds £ 44,288 3,831 172	2024 Total funds £ 45,395 356 162
45,736	2,555	48,291	45,913
(47,814)	-	(47,814)	(38,534)
(2,078) (600)	2,555 600	477 -	7,379 -
(2,678) 11,188	3,155 7,277	477 18,465	7,379 11,086
8,510	10,432	18,942	18,465

The notes on pages 10 to 15 form part of these financial statements.

Page 7

Morley Youth FC Comparative Statement of Financial Activities For The Year Ended 30 June 2025

Unrestricted funds £ 45,395 356 162	Restricted funds £ - - -	2024 Total funds £ 45,395 356 162
45,913	-	45,913
(38,534)	-	(38,534)
7,379 (600)	- 600	7,379 -
6,779 4,409	600 6,677	7,379 11,086
11,188	7,277	18,465

The notes on pages 10 to 15 form part of these financial statements.

Page 8

Morley Youth FC Statement of Financial Position As At 30 June 2025

Unrestricted funds £ 1,878 12,881	Restricted funds £ - 10,432	2025 Total funds £ 1,878 20,290	2024 Total funds £ 4,352 17,269
14,759 (6,249)	10,432 -	22,168 (3,226)	21,621 (3,156)
8,510	10,432	18,942	18,465
8,510	10,432	18,942	18,465
8,510	10,432	18,942	18,465
		10,432 8,510	7,277 11,188
		18,942	18,465

On behalf of the board

Mr Timothy Chenery Trustee 23/04/2026

The notes on pages 10 to 15 form part of these financial statements.

Page 9

Morley Youth FC Notes to the Financial Statements For The Year Ended 30 June 2025

1. General Information

Morley Youth FC is a registered charity in the UK under charity number 1173048. The charity operates in and around Norfolk and its operational location is Morley Village Hall, Golf Links Road, Morley, Norfolk, NR18 9SU.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared in accordance with the charity's governing document, the Charities Act 2011 and "Accouting 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)" (as amended for accounting periods commencing 1 January 2016). The charity is a Public Benefit Entity as defined by FRS 102.

The charity has taken advantage of the provision in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.

The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn.

The financial statements have been prepared under the historical cost convention, (nodified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value). The principal accounting policies adopted are set out below.

2.2. Going Concern Disclosure

At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accouting in preparing the financial statements.

2.3. Fund Accounting

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

Endowmment funds are subject to specific conditions by donors that the capital must be maintained by the charity.

2.4. Incoming Resources

Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known and the receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably.

Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocared directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent and depreciation charges are allocated on the portion of the asset's use.

2.5. Cash and Cash Equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

Page 10

Morley Youth FC Notes to the Financial Statements (continued) For The Year Ended 30 June 2025

2.6. Financial Instruments

The chairty has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilties, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or cancelled.

2.7. Taxation

The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.

3. Income from Donations and Legacies

Donations and gifts: Match fee income Member subscriptions and sponsorships Grants: Grants Other: Fundraising and donations	Unrestricted funds £ 29,449 5,925 - 6,359	Restricted funds £ - - 2,555 -	2025 Total funds £ 29,449 5,925 2,555 6,359
	41,733	2,555	44,288

Page 11

Morley Youth FC Notes to the Financial Statements (continued) For The Year Ended 30 June 2025

Donations and gifts: Match fee income Member subscriptions and sponsorships Grants: Grants Other: Fundraising and donations 4. Income from Other Trading Activities Income from other trading activities 5. Investment Income Bank interest receivable 6. Direct Costs Fundraising activities: Pitch and Room Hire Equipment and kit Professional fees, referee fees and fines Presentation day expenses Pitch improvements Refreshments Accountancy Website cost Sundry expense Bank charge Fundraising expenses	Unrestricted funds £ 32,965 6,087 - 6,343	Restricted funds £ - - - -	2024 Total funds £ 32,965 6,087 - 6,343 45,395 2024 Unrestricted funds £ 356 2024 Unrestricted funds £ 162 2025 Raising funds £ 14,609 17,251 4,798 1,216 3,295 502 741 418 323 631 2,674 ...CONTINUED
	45,395	-
		2025 Unrestricted funds £ 3,831
		2025 Unrestricted funds £ 172

Page 12

Morley Youth FC Notes to the Financial Statements (continued) For The Year Ended 30 June 2025

General administration: Insurance Printing, postage and stationery Fundraising activities: Pitch and Room Hire Equipment and kit Professional fees, referee fees and fines Presentation day expenses Pitch improvements Refreshments Accountancy Website cost Sundry expense Bank charge Fundraising expenses General administration: Insurance Printing, postage and stationery 7. Average Number of Employees Average number of employees during the year was: NIL (2024: NIL) 8. Debtors Due within one year Trade debtors Prepayments and accrued income 9. Creditors: Amounts Falling Due Within One Year Trade creditors Other creditors Accruals	2025 £ 1,460 418 1,878 2025 £ 2,224 504 498 3,226	805 551
		47,814
		2024 Raising funds £ 15,623 10,971 5,195 2,250 1,710 242 789 330 401 259 41 376 347
		38,534
		2024 £ 3,934 418
		4,352
		2024 £ 2,128 - 1,028
		3,156

Page 13

Morley Youth FC Notes to the Financial Statements (continued) For The Year Ended 30 June 2025

10. Movement in Funds

0. Movement in Funds
Unrestricted funds General: General unrestricted fund Restricted funds Restricted Total funds Unrestricted funds General: General unrestricted fund Restricted funds Restricted Total funds	As at 1 July 2024 £ 11,188 7,277	Income £ 45,736 2,555	Expenditure £ (47,814) -	Transfers £ (600) 600	As at 30 June 2025 £ 8,510 10,432
	18,465	48,291	(47,814)	-	18,942
	As at 1 July 2023 £ 4,409 6,677	Income £ 45,913 -	Expenditure £ (38,534) -	Transfers £ (600) 600	As at 30 June 2024 £ 11,188 7,277
	11,086	45,913	(38,534)	-	18,465

The club holds ringfenced amounts of the following:

Money received from the Football Foundation in respect of an ongoing pitch improvement grant with monies only allowed to be spent on pre agreed pitch maintenance works, any monies not spent are to be returned to the Football Foundation. 2019-20 £1,278 2020-21 £3,468 2021-22 £4,052 2022-23 (£7,520) 2023-24 £0 2024-25 £2,555 Total £3,833

Morley Youth FC has also been putting aside money for ground rent owed to Morley Parish Council for the hire of the pitches at Morley Village Hall which has not been involved by the council over the last seven years due to the works in a lease agreement between both parties being established.

Morley Youth FC has put the expected rent aside as this is owed to the Council so this can be settled once the fees are agreed. Due to numerous staffing changes in the Council and the football club, as well as COVID, this has caused delays in getting this finalised. The issue is now back on the Council agenda and we are looking to resolve this. 2014-15 £600 2015-16 £600 2016-17 £600 2017-18 £600 2018-19 £600 2019-20 £600 2020-21 £600 2021-22 £600 2022-23 £600 2023-24 £600 2024-25 £600 Total £6,600

Amount in Savings account at end of 2024-25 season £12,725. Amount that was ringfenced £10,433.

Amount represented by unrestricted funds £2,292 set aside toward contribution for pitch improvement works.

Page 14

Morley Youth FC Notes to the Financial Statements (continued) For The Year Ended 30 June 2025

11. Transactions with Trustees

None of the trustees received any remuneration or any other benefits from an employment with the charity or a related entity during the current or previous year.

No trustee expenses have been incurred.

12. Related Party Disclosures

There have been no related party transactions in the reporting period that require disclosure.

Page 15

Morley Youth FC Detailed Statement of Financial Activities For The Year Ended 30 June 2025

INCOME AND ENDOWMENTS FROM: Donations and legacies Match fee income Annual registration fees Grants Fundraising and donations Other trading activities Income from other trading activities Investments Bank interest receivable EXPENDITURE ON: Raising funds Pitch and Room Hire Equipment and kit Professional fees, referee fees and fines Presentation day expenses Pitch improvements Refreshments Accountancy Website cost Sundry expense Bank charge Fundraising expenses Insurance Printing, postage and stationery NET INCOME	2025 Total funds £ 29,449 5,925 2,555 6,359	2024 Total funds £ 32,965 6,087 - 6,343
	44,288 3,831	45,395 356
	3,831 172	356 162
	172	162
	48,291 (14,609) (17,251) (4,798) (1,216) (3,295) (502) (741) (418) (323) (631) (2,674) (805) (551)	45,913 (15,623) (10,971) (5,195) (2,250) (1,710) (242) (789) (330) (401) (259) (41) (376) (347)
	(47,814)	(38,534)
	(47,814)	(38,534)
	477	7,379

Page 16