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:** PAGE 2 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** PAGE 4 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| PAGE 5 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