Docusign Envelope ID: B686346C-94FC-434E-8A8B-7ACA2D7ABE72
Charity Registration Number 1173553
VULCAN FOOTBALL CLUB
INDEPENDENT EXAMINERS REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2025
Docusign Envelope ID: B686346C-94FC-434E-8A8B-7ACA2D7ABE72
VULCAN FOOTBALL CLUB
F INANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025
| Contents | Pages |
|---|---|
| Charity statutory information | 1 |
| Independent examiners report | 2 |
| Statement of financial activities | 3 |
| Balance sheet | 4 |
| Notes to the financial statements | 5 – 7 |
| Detailed income and expenditure account | 8 |
Docusign Envelope ID: B686346C-94FC-434E-8A8B-7ACA2D7ABE72
VULCAN FOOTBALL CLUB CHARITY STATUTORY INFORMATION FOR THE YEAR ENDED 31 MAY 2025
The trustees present their annual report and accounts for the year ended 31 May 2024.
Reference & Administrative Details
The Charity: Vulcan Football Club Charity number: 1173553 Address: 20 Raleigh Close Newton Le Willows Merseyside WA12 8NN
TRUSTEES
P Prescott D Tomlinson A Platt A Prescott
INDEPENDENT EXAMINERS
Cowgills Limited Fourth Floor Unit 5B, The Parklands Bolton BL6 4SD
PAGE 1
Docusign Envelope ID: B686346C-94FC-434E-8A8B-7ACA2D7ABE72
INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF VULCAN FOOTBALL CLUB FOR THE YEAR ENDED 31 MAY 2025
I report to the charity trustees on my examination of the accounts of the company for the year ended 31 May 2025, which are set out on pages 3 to 8.
Responsibilities and basis of report
As the charity's trustees of the company you are responsible for the preparation of the accounts in accordance with the applicable Statement of Recommended Practice (SORP).
Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 (the ‘2011 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.
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 the seeking of 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 statement below.
Independent examiner’s statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the company required by section 386 of the 2006 Act; or
-
the accounts do not accord with those accounting records; or
-
the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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 Orgill Cowgills Limited ICAEW Chartered Accountants Fourth Floor Unit 5B, The Parklands Bolton BL6 4SD
19/3/2026 | 8:15 AM GMT DATE:
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Docusign Envelope ID: B686346C-94FC-434E-8A8B-7ACA2D7ABE72
VULCAN FOOTBALL CLUB STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MAY 2025
| Notes Income and endowments: Income and endowments from generated funds Charitable activities 2 Grants and donations Income from government grants Total income and endowments Expenditure on: Charitable activities Other Total expenditure Net movement in funds Reconciliation of funds 8 Total funds brought forward Total funds carried forward |
TOTAL TOTAL Funds Funds 2025 2024 £ £ 158,317 164,692 250 10,954 - |
|---|---|
| 158,567 175,646 135,766 14,081 122,008 54,056 |
|
| 149,847 176,064 8,720 (418) 97,319 97,737 |
|
| 106,039 97,319 |
There are no recognised gains or losses in the period other than those included in the Statement of Financial Activities.
The Statement of Financial Activities has been prepared on the basis that all operations are continuing.
PAGE 3
Docusign Envelope ID: B686346C-94FC-434E-8A8B-7ACA2D7ABE72
VULCAN FOOTBALL CLUB BALANCE SHEET FOR THE YEAR ENDED 31 MAY 2025
| Notes | 2025 | 2024 | 2024 | ||
|---|---|---|---|---|---|
| £ | £ | £ | £ | ||
| TANGIBLE FIXED ASSETS | 5 | 17,998 | 26,150 | 26,150 | |
| CURRENT ASSETS | |||||
| Cash at Bank | 82,799 | 67,376 | |||
| Debtors | 6 | 9,688 | 6,675 | ||
| CREDITORS | |||||
| Amounts falling due within one year | 7 | (4,446) | (2,882) | ||
| 88,041 | 71,169 | 71,169 | |||
| NET ASSETS | 106,039 | 97,319 | 97,319 | ||
| THE FUNDS OF THE CHARITY | |||||
| Profit & loss account | 8 | 106,039 | 97,319 | ||
| TOTAL CHARITY FUNDS | 106,039 | 97,319 |
18/3/2026 | 4:47 AM PDT Approved by the board of trustees on ……………………… and signed on their behalf by:
[danSignedDAC99CBAADEE4AE...by:Prescott A Prescott Trustee
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Docusign Envelope ID: B686346C-94FC-434E-8A8B-7ACA2D7ABE72
VULCAN FOOTBALL CLUB NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025
1. STATEMENT OF ACCOUNTING POLICIES
The following accounting policies have been used consistently in dealing with the items which are considered material to the Charity's affairs.
Basis of preparation of the financial statements
The accounts have been prepared to give a ‘true and fair’ view and 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 Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
Income and endowments
Income received and invoiced income is accounted for on the accruals basis.
Expenditure
Expenditure is included in the accounts on an accruals basis, inclusive of VAT.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life as follows:
Fixtures and fittings etc 20% straight line
| 2 CHARITABLE ACTIVITES Subscriptions Sponsorship Fund raising Other 3 NET INCOMING RESOURCES FOR THE YEAR Independent Examination Fees |
Total Total 2025 2024 £ £ 66,729 9,464 2,238 80,135 66,574 15,607 5,558 87,907 |
|
|---|---|---|
| 158,567 175,646 |
||
| 2025 2024 £ £ 2,820 1,256 |
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Docusign Envelope ID: B686346C-94FC-434E-8A8B-7ACA2D7ABE72
VULCAN FOOTBALL CLUB NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025
4 INFORMATION ON EMPLOYEES
The average monthly number of employees, calculated on a full time equivalent basis, analysis by function was:
Charitable activities
| 2025 | 2024 | |
|---|---|---|
| - | - | |
| - | - |
| 5 TANGIBLE FIXED ASSETS Cost Brought forward Additions Disposals Carried forward Depreciation Brought forward Charge for the year Carried forward Net book value At 31 May 2025 At 31 May 2024 6 DEBTORS: Amounts falling due within one year Prepayments Receivables 7 CREDITORS: Amounts falling due within one year Accruals and deferred income Creditors Other creditors 8 RECONCILIATION OF FUNDS As at 1 June 2024 Income Expenditure Funds 97,319 158,567 (149,847) 97,319 158,567 (149,075) |
5 TANGIBLE FIXED ASSETS Cost Brought forward Additions Disposals Carried forward Depreciation Brought forward Charge for the year Carried forward Net book value At 31 May 2025 At 31 May 2024 6 DEBTORS: Amounts falling due within one year Prepayments Receivables 7 CREDITORS: Amounts falling due within one year Accruals and deferred income Creditors Other creditors 8 RECONCILIATION OF FUNDS As at 1 June 2024 Income Expenditure Funds 97,319 158,567 (149,847) 97,319 158,567 (149,075) |
Fixtures & fittings etc 2025 Total 2025 £ £ 51,216 1,671 51,216 1,671 - - 52,887 52,887 25,065 25,065 9,823 9,823 34,888 34,888 17,998 17,998 26,150 26,150 2025 2024 £ 4,371 5,317 £ 4,054 2,621 9,688 6,675 2025 2024 £ £ 2,820 696 1,256 696 930 930 4,446 2,882 As at 31 May 2025 106,039 106,810 |
|---|---|---|
| 97,319 158,567 (149,075) |
PAGE 6
Docusign Envelope ID: B686346C-94FC-434E-8A8B-7ACA2D7ABE72
MANAGEMENT INFORMATION
FOR THE YEAR ENDED 31 MAY 2025
Docusign Envelope ID: B686346C-94FC-434E-8A8B-7ACA2D7ABE72
VULCAN FOOTBALL CLUB DETAILED INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MAY 2025
| Income and endowments from: Charitable activities Total income and endowments Expenditure on: Football expenditure Bar costs Legal and professional fees Rates Light, heat and power Insurance Computer running costs Subscriptions Printing, stationery and postage Repairs and renewals Grounds maintenance Telephone and internet Charitable donations Cleaning Sundry expenses Accountancy Bank charges Travel Training Depreciation Total expenditure Net profit for the year |
Total 2025 Total 2024 £ £ 158,567 175,646 |
|---|---|
| 158,567 175,646 |
|
| 67,336 93,587 34,107 28,421 - - 2,629 5,479 2,311 7,458 924 2,568 2,544 4,706 2,876 1,853 521 162 2,306 9,554 76 16,302 454 1,348 - 591 268 1,286 2,632 2,449 4,384 17 - 1,080 2,820 - 16 2,924 9,823 10,096 |
|
| 149,847 176,064 |
|
| 8,720 (418) |
PAGE 7