rr,:92 RADFORD COMMUNITY SPORTS CIO ANNUAL REPORT AND UNAUDrrED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023
RADFORD COMMUNrrY SPORTS CIO LEGAL AND ADMINISTRATIVE INFORIIATIOM Tru•tw• Mr s e4nMU Charlty numl 11739 CV6 38L bd•p•nd•nt •xamln•r Sskln Dfvo CVJ 4FJ
RADFORD commuNy SPORTS CIO cop¥rEKrs 6-11
RADFORD COMMUNrrY SPORTS CIO TRUSTEES. REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2023 financial ststements and Mpty the chathys taovemiNd d0mentI. the Charili85 Act 2011 and "Accountlng and Reporllng by Charils: Statem8nt of Rewnffn(1oU Pr8ckn apphcable to dwiilies Frfep¢ng thr ac£ounl8 in accordance wlth the Ftnancial Slandwd 4ppbrth kn Ihfr UK aKI R.¢ ol Iroland IFRS 102). 1 Januwrf 2019). ObJ•¢Uv•• and athltl Tha chorW8 obJKts Irn ol a kKal rommur¥ty sp(Mty f•. Ow glm8 •rn lo kKr•g8• Sn sptyt8 and 8th1ty progrrn Pr1ra he•th •nd to mèhty urrtjtr 16's and also •nc¢xwagiry frn the Norlh I$t of Covèntry In¢knllTrJ 8¢1KlS c¥)mmunlty groups to In 1kno88 & adMti•s sh as wgo, aerc+k5.rnarti arts, 9ynThStk muttkgym d&sw ond atso 1gqrfrKJ and pla>lng wk6t ¥&yts. charity undortake. Achl•b•m•nts and p•rtornfi¢• Th• CIO conllnued lo m••t 4t• obpctkw dutha Iho yov cfi tho I191$ •gtsbllBW In Its •arfy of Fln•nGlal r•vl• The fwcaal 8talem8nl8 a dgffol ofrJ,868 (2022. £51.754). pwlod h88 $08n slgrafic•)t lth cTh had wu8g•d to the hall Ixrt gubg8queb)Uy ended LP not pay¢no agroed amounts a 8ignttkant amcxmt of wroars. As part of th1$ arr8ngoment new equipment wa¥ In818lted Ythith 8ubgequonUy had lo be to th• IF1r9 a ¢an¢Ollat• charg8 that th8 ch•ftty had lo bear. AthJlllon81 colts r•fotkN to th18 r to l)e InoJThed p4ThJ a burdon the chaws Iln4rw. Cheerf68diThJ aub g¥¢nlualty end up space. Th8y ha beon slaited runnlng In tho tattèr hall of Ihi8 0d and aro 8 gocrfl ex8mFdg of h(Y4V 8 ¢bJb Sho b• rw. They agreed land didl fvlty kbl odl the ham therwlvos, we agreed to ropaint the of thwi and aThJ fil rArt 8 Storag9 r(>Jm Into wl offte wfth 8 3ink a1 do¢trtc. Part of thls agreen of hire was that thay wljl wort wrfh kX418dLg and R•••rvM 11 1$ thg polw L ts carlty that unrestrthd furmts hav8 been de5wal8d fty a swfK LW should bo malntglngd 91 alovel eqimvalent to boteen thrne slx rrK)nlh'8 exriditure. The trt*S5 th01 rnsor at Ihis level wdl ensure that in Ihè evont rrf a swkant dYr4) in lunding. they will be able lo conlirwo th8 dwFIty8 current activtties whlle ccns1lernn1B glvén to addrfh)ng1 fund8 nw be At the balanco sho81 date Ihv ro¥wrfas total £1215 and tho chty is l(x>kirwJ to Irttx6A80 lh to moot th• r8soNes pollw.. Rl¥k •vakk
RADFORD COMMUNrrY SPORTS CIO TRUSTEES. REPORT (coiillNUED) FOR THE YEAR ENDED 30 SEPTEMBER 2023 The or9anisation IB a charfty in(XXFJ rygarM88iYm (CK)) 8nd 18 r&?8tered t thè Ch&1Y aThJ Companie8 House. F Holt MBA Mr S Bennott C Brovm TnJ8tees art seltctad accuding to tlwe have YoneTl to seNe Orl$allOn and th• lo1 rnlty. th• CIO who nm tho ory•r#•akn ¢m • thy to day b. Inductton •nd trnlnlng ol Th•wlru•t••• The chartty on¢c4Jrage8 new tN8ts08 to 8th 8ThJ ha# pro9r8mrn whery n•4¥ tru6tO08 OffJanl8allon. Thetr F HOM M8A Tnt••
RADFORD COMMUNrrY SPORTS CIO INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF RADFORD COMIAUNrrY 8PORTS CIO As th• trust9 oftho char6ty yoy are reswtsible f tho w¢p8rotkn of the ¥latThnts In acc¥xdance wlth the rwJlFwnonts ofts Ch•rtsg8Act 20111th8 2011 I rowrt In re8poth of my exwTr¥nation of lh8 dwty'$ Ilrwiraal slalth1 c¥Jt und•r 145 of th& 2011 Act. In carryirwJ my eXwNrII)n I have folkmvj all the (bkn DrfikTh grMI by Ihe Chaiity Comml88k>n 145ISXbl Lrf the 2011 A Ind•p•nd•nt •Mmln•f tst•Drt Your attenkn 18 drgvm to the that chgrity has Fryw•d statem•nl# In with Accounting and Rapr@ by charl preparfw thetr a¢Zlts kn al¥>)rd wlth tho AnwKial R•FxUr Stsndgrd appfue in ts UK and Re[¢ ol Iro11 IFRS 102) fft prefarwK to the A(¥thntrThJ and Roporting by Chaiill06'. Stalent ol Re0>r Prth on 1 W 21x15 rgfwr8d * In th8 aC¢))rdan wlth Acwtwj ACcntr •ffth lor repyllrKJ rrkés t4lnnir•J on or 4ftor 1 Janry 2015. xamlnallon 9iWllg me (aw to bglknve Ihat in moi9al rn8Pg( Inn9 r•¢(Yd8 not kgpt In r•spt of 8$ r•wirgd by th 130 01 Ihfr 2011 A<. or th? finaral $tatomonts do ml •co)nl vAth tlw rectyds: LY tho finand0l8tal•m do Tr)t o)mpty wlth the ar¢ IwJlr•m•nts rxrfumkng thg fom arKI ¢¥tsnt of )Unts 801 1 In Chwluets (ALxgwJnts and Repts1 RegUlfjtkI 2 than any roqulremgnt thbt attounts glve a tru• aNI falr whkh Is ncl a mattw a• Fwt of kndopd•n¢ exarnlnatiL. attentSon should b• drnTpm In th16 Trpo enth a wopw oftho finandal Ststamonts to ob8rtAnd•rnon FCA 3Mc Mlddlamarch Bu3tn8sJ P• Sfjn Drtve cOty W861 Mldknd$ CV3 4FJ
RADFORD COMMUNrrY SPORTS CIO STATEMENT OF FINANCIALACTMTIES INCLUDING INCOME AND EXPENDMJRE ACCOUNT FOR THE YEAR ENDED 30 SEPTEAIBER 2023 nd 2023 lunds 2022 Chari19 0thoT IrMx)me .377 16.988 14.731 Tot•1 Inctyn• 107.365 Chwbtsbl• aclv 111,233 135.439 M•t •xp•111T for th• y•¥1 (3,8681 {51.754) Fund balan at 1 (%obar 2022 56.837 1215 5.083
RADFORD COMMUNITY SPORTS CIO BALANCE SHEET AS AT30 SEPTEAIBER 2023 2022 Flx•d M•• Tan9iblo assets 18.T23 21.631 Debt Cash al bvth In It•KI 10 9,314 16.(¥J5 Cr•dltorn: du• vAlhkn ¢n• y•ai 13.794 20,857 11 131.31r2) (37AOS) Nét c(mnt li•b41ts¥ (17.508) (16.5481 1215 5.083 lThcom• fvndl 1.215 5,083 121S 5.083 [1-0 Tr. F Hott MBA Trn•t••
RADFORD COMMUNrrY SPORTS CIO NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023 CW C0Mrthk on 24th Juty 2017 aThJ commmd on 8 Noveftknr 2017. 1.1 Accouiitkng ¢4Jrtv•nllon The drity uJnstittho$ 8 putthc entity a8 dgfinod by FRS 102. Tr IlnwKlal 8tatam]ts have bgan preparod in wlth Accw)dng and ReKti1¥y by Chwill08.' s1otom8nl of RecJ)mmendod Practice APF4icabl• to ch8rftiey tsir aol th dance Fkn8mal Re1g Stsndard 8ppIKtho in tho UK aThJ Repul of Irel Isswd kn Oc&8r 2019, the Ffrnanctal Reporttng Slandatd appJi¢abb in Iha Unit&1 Kingjom Rok of IrelNI (FRS 1021. thè Act 2011 aiKI UK Gonor8tty The rthgrlty has taken thantsgo rflh8 Ihg S¢)PP cwthgs FRS 102 Upjats 6ulielln 1 not lo preparg a Statomwl of Cash Fk. Th8 fln8ndal Jt8tsm•nts ha dgp8rtad frcffi thg Ch8rf11•8 {A(¥nts and Rewtsl R•gLAatlonJ 2008 onty to tho •xienl roqulred to • a tru• 8nd fair knlow. dyrturo h88 In¥d¥•d the Ststomenl of Recomm8nd8d Pra¢tice for ¢hwtties apptylw FRS 102 rnthgr Ihan tho vernlon of th• Stat•mènl 88 ldopknl • out bghx. 12 Golng ¢onc•rn At lh8 lime of approvlno tho the tru•kn•# ho 8 roA8on8bl8 oyweLtskn that tho ¢8rfty 1.3 Charlt•bl• 1A In¢om• Income is r8c>)gllL8gd charity Is fegalfy entilled to tt aftw pgrfornanc4 C%MKItYK)ns l*¥e b••n m•L thg amount8 eAn moasur•d rnll&ty. and ft L8 th8t h)wme r8(4fft1. Lryode8 are r•¢(wW ¢)n or 011) ff Ihe has beon no11 of an inyndkng dIstriilknn, contkngent a$3el.
RADFORD COMMUNITY SPORTS CIO NOTES TO THE FINANCIAL STATEMENTS (coirriNUED) FOR THE YEAR ENDED 30 SEPTEAIBER 2023 (Conthiu•dJ 1.5 Exdi1• Expenthhire Js auxwnted on an acuuab t•sls 8nd h98 ten cknifd under headings that aggregate 811 &)Sts related to the categcwy. ExFendlbJre kg Tecogriwd vhwé there is a gaI or constructNe obligatlJn try 1.8 T•iii4bl• Ilx•d •M•ts derKed•lon and any Impgtrmt Depreclation Is r8c¥)gnlsed 80 06 k> wrfle off Iho (Thl or vakth d a880ts kns thok fvshknl vath8 over thtslr us•fiJl1fv88 on th• folowkny ba8•8: Flxlures and filtlrys 1.7 IM1rn1•rt of Ilx•d 4•••ts At ea¢h reFn)wdry WKI d8ta. th• cl ¢wrylng of tar¥JIb 8880ts lo d&torn0 th8th¢r any Indkakn thBt a888t8 have wffwad Inylrniont 1088. If any such Indlc•lon 1088 Ill any). i.e C••h ¢Mh ••rf¥•l•nts Ca8h arml c48h equlvaleftts irthth cg8h In Ild al bar8, othor Itquid knvo•tsn8ni wth OrvJk m0ttrrftS of nKwth8 J••8. rnwdrafts. 8•nk o¥•rtlr•ft3 arg 8hown wlthkn in cuirenl liatsli0gB. 1.1 Flnan¢lal In•trum•nts charity has er9(# lo apt Ihe S6C1k 11 '8 Fkn•ndo1 kwtrumonts, and S•Lthn 12 there is 8 lty enforceth right to set iiff tho refJ)gnlsed and ItTO Is an intmI0n to 88Ulè on a not t>aslJ or to re8Ns• a88th 8elUa swnuIts. Bask 088ets. inrkno debtm ar#J cash bank brKes. are Initi* Mfrad at
RADFORD COMMUNITY SPORTS CIO NOTES TO THE FINANCIAL STATEMEKfs (CONnNUED) FOR THE YEAR ENDED 30 SEPTEAIBER 2023 ICOntlnu•d) 98sK Ilnanclal Ik4biltie8. in¢hlltwJ Ixth 8rKI bank loèrts arE Inwy Tro)gnlse(18t transact PTI( unlets8 arrangwnern rJ)nsfjlutes 8 fmandr¥a transackn. the detrt rn8trument ts measuro(l at the prasent vath of the lulwe Pfjyts at a ftthet rat• Fln•rwl lith1•8 das8iffftJ as payablè withtn ono ar aro not Tradg cyedrtors arn oblWIknA b pay tr uwds LY thal acquked Sn tho ordinary cour8e of opwattty)g frorn suppllern. ATr)nts payabL8 are cl8setfied as liaixlltss ff payment ts due wlthln oné year ot less. 11 tsy are present 88 nffent Ilotsles. Trnde ¢Jeditors are rocognwj In[tty at Flnancial li8bllllloB aro ttn th• dwW8 oblwth •ywke or •ra dl8dw9gd ¢N 1.10 Employ•• b•n•ltt• Th• co81 of any hondoy 16 rtrx)wthd pwkJ n ¥11 thb èrykny••'s wr4ko• aro 2023 2022 90.3TI 88.954 fund¥ nd• Rwm hi 4.896 12,5(Kl 10.035 16.988 14,n1
RADFORD COMMUNrrY SPORTS CIO NOTES TO THE FINANCIAL STATEMEpifs (CONTINUED) FOR THE YEAR ENDED 30 SEPTEAIBER 2023 2023 2022 Staff ttjsts W898s and tsJntract(x¥ 52.687 4A34 6,942 3S) Stslonory Molorand tr8¥ Rew Cleanlng Sundri8¥ Ullllties Hlre ol Qquiprrw Computer C•Jsts Ch•ritth 13 4,702 475 95 11,807 2.319 103 10.740 14,881 7.018 2.318 10,613 12,IX 71.969 100.504 Slkqra of support ¢Ots1800 natè 51 Share ofgov•marK• o)8ts (s•• no* 5} 37,253 2.011 2.131 111233 135.439 L•gal f Ronl Irwrn Rates 24.480 24,480 24.480 1.881 2.793 24.480 1.881 2.793 2.470 2.470 211 211 451 451 37253 2.011 39.264 S2.804 2.131 34.93S Charitable 8rlfvlti8s 37253 2.011 39264 32.804 2.131
RADFORD COMMUNrrY SPORTS CIO NOTES TO ThE FINANCIAL STATEMENTS (COltnNUED) FOR THE YEAR ENDED 30 SEPTEAIBER 2023 during tl >wr. 202J Numb•r 2022 Numb•r Margarnt 2023 2022 49,135 3,552 52,687 Th8 ¢haty * exempt lax on and wilNn Secllon 505 of Ihe Tax•8 1988 or •econ 252 of tho T•xaWCharpable G8lrffjAcl 1W2 to tho 8xtsnl trt tho84 appli&Y to MB 11.094 31.094 At 30 SeOember2023 11,094 31,094 Al 1 Odvber 2tr22 7.463 9A63 8.371 12371 At 30 S*mb8r 2023 16.0 2,723 18.723 18.CKJ) 3.631 21,631 10-
RADFORD COMMUNrrY SPORTS CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEP7EIIBER 2023 10 D•btorn Amount• tsllng on• w. 2023 11 Cr•dkn: •moiints Thllhln y• 2023 2022 Trade (vodlto 18,246 1.410 9.516 2.1J) 17.261 12.898 3.165 4,281 31.302 37.405 12 R•lat•d rtY tr*nu¢don• 11-