Company Number (England and Wales) 06433551 Registered Charity Number 1174561
Boston United Football Club Community Foundation
(A Company limited by guarantee)
Financial Statements
For the year ended
30 June 2025
Boston United Football Club Community Foundation Financial statements for the year ended 30 June 2025
| CONTENTS | PAGE |
|---|---|
| Company Information | 1 |
| Independent Examiner’s Report | 2 |
| Trustees’ Report | 3 to 5 |
| Income and Expenditure Account | 6 |
| Statement of Financial Activities | 7 |
| Balance Sheet | 8 |
| Notes to the Financial Statements | 9 to 13 |
1
Boston United Football Club Community Foundation Company information for the year ended 30 June 2025
Charity Name
Boston United Football Club Community Foundation
Charity Number
1174561
Company Registration Number
06433551
Trustees
D S Newton N Kempster R Hackford C S Cook
Secretary
D S Newton
Principal Address
Boston United Football Club The Jakemans Community Stadium Pilgrim Way Boston PE21 7NE
Registered Office
50-54 Oswald Road Scunthorpe North Lincolnshire DN15 7PQ
Independent Examiner
John Heeney BA FCA RNS Chartered Accountants 50-54 Oswald Road Scunthorpe North Lincolnshire DN15 7PQ
2
Boston United Football Club Community Foundation Independent Examiner’s Report to the Trustees of Boston United Football Club Community Foundation
I report to the charity trustees on my examination of the accounts of the company for the year ended 30 June 2025 which are set out on pages 6 to 13.
Responsibilities and basis of report
As the charity trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).
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 company’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.
Independent examiner’s statement
Since the company’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I a member of Institute of Chartered Accountants in England and Wales.
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 that in any material respect:
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accounting records were not kept in respect of the company as required by section 386 of
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the Companies Act 2006; or
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the accounts do not accord with those record; or
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the accounts do not comply with the accounting requirements of section 396 of the Companies Act 2006 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; or
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the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
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.
………………………….
Mr J Heeney BA FCA
RNS Chartered Accountants 50-54 Oswald Road Scunthorpe North Lincolnshire DN15 7PQ
…………………….. 2026
3
Boston United Football Club Community Foundation Report of the Trustees for the year ended 30 June 2025
The Trustees present their report and financial statements of the charity for the year ended 30 June 2025. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) “Accounting and Reporting by Charities” (FRS 102) in preparing the annual report and financial statements of the charity.
Objectives and principal activities
Boston United Football Club Community Foundation is a Registered Charity, the objectives of which are:
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1 To promote community participation in healthy recreation by providing facilities for the playing of Association football and other sports capable of improving health.
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2 To provide and assist in providing facilities for sport, recreation or other leisure time occupation of such persons who have need for such facilities by reason of their youth, age, infirmity or disablement, poverty or social and economic circumstances or for the public at large in the interest of social welfare and with the object of improving their conditions of life.
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3 To relieve sickness and to preserve and promote physical and mental health through such charitable means as the trustees think fit.
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4 To advance the education of children and other persons including academic, social and physical education through such charitable means as the trustees think fit.
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5 For the general purposes of such charitable bodies or for such other exclusively charitable purposes in each case as the trustees may from time to time decide.
The principal activity of the company is the promotion and organisation of sport in the community.
Trustees
The Trustees who served during the year and since the year end were as follows:
D S Newton N Kempster R Hackford C S Cook
The members of the Board of Trustees are elected at the Annual General Meeting by the members of the charity, and usually serve for a three-year term.
The company is limited by guarantee therefore none of the trustees have an interest in share capital.
Governing document
The charity is governed by its memorandum and articles of association incorporated 21 November 2007 and amended by special resolution on 30 June 2017. The company became a registered charity on 7 September 2017.
Corporate status
The company is incorporated as a private company limited by guarantee without share capital.
4
Boston United Football Club Community Foundation Report of the Trustees for the year ended 30 June 2025 (continued)
Financial Review
The statement of Financial Activities (SOFA) shows that at the end of the financial year we had a deficit to carry forward of £6,167 compared with a reserves deficit of £27,216 at June 2024.
The charity has grown income successfully in the year across various different revenue streams and benefitted from increased grant income. This helped generate a surplus for the year.
This growth and the continuing focus on the core activities of health initiatives and sports participation especially football provides the confidence for the Trustees that the Foundation’s activities are on course to achieve a surplus on unrestricted reserves going forward.
Statement for public benefit test for charities
In setting our objectives and planning our activities the trustees have given careful consideration to the charity commission general guidance on public benefit.
Achievements and performance
The Foundation has seen another year of growth in activity levels in this financial year, concentrating on its themed strategy in its education, health, and football programmes.
The strongest growth has been in its education programme with a 25% increase in student numbers across it’s 16-19 college programme and 19+ Higher Education programme.
This has been supplemented by a strong school’s programme assisted by the Premier League Primary Stars programme which has enabled interaction with most of the local schools in the area, strengthening our community presence around South Lincolnshire.
The football programmes continue to perform strongly with over 40 teams now playing and around 700 players registered to the club. Further growth in these programmes is limited by lack of facilities, but limited growth is being achieved particularly within the female side of the game as we seek to replicate the football structure/pathways that already exist for the men’s game.
There has been an emphasis this year on the health programmes which is a strategic priority going forward to help address the significant health and well-being issues within the area. The HAF (Holiday, Activities and Food programme) is a major element of this programme providing holiday support for local children in the local area in partnership with Lincolnshire County Council. Other health programmes are also being expanded, supported by the National League Trust funding, including sessions to assist with mental health issues, social inclusion and cancer care for local people.
The Trustees remain keen to continue to increase the expansion in activity to increase the interaction with the local community through this wide range of initiatives.
Small company’s provisions
The report of the trustees has been prepared taking advantage of the small company’s exemption of section 415A of the Companies Act 2006.
5
Boston United Football Club Community Foundation Report of the Trustees for the year ended 30 June 2025 (continued)
By order of the Board
[re SIGNED SECURELY27/03/2026 at 12:16:06 PM UTC Kempeter
……………………..
N R Kempster Trustee
[27/ SIGNED SECURELY27/03/2026 at 12:16:06 PM UTC 03/2026
Date: ………………………………..
6
Boston United Football Club Community Foundation
Income and expenditure account Year ended 30 June 2025
Income Gross income Expenditure Interest payable Total expenditure Net surplus/(deficit) |
2025 £ 648,767 648,767 (627,718) - 21,049 21,049 |
2024 £ 580,649 580,649 (612,381) - (612,381) (31,732) |
|---|---|---|
The income and expenditure account has been prepared on the basis that all operations are continuing operations.
7
Boston United Football Club Community Foundation
Statement of Financial Activities For the year ended 30 June 2025
| Income from: Donations Charitable activities Sponsorship Grants and subsidies Total income Expenditure on: Charitable activities Governance costs Bank interest payable Total expenditure Net surplus/(deficit) Total funds brought forward Total funds carried forward |
Note 2 3 4 7 12 |
Unrestricted Funds Total 2025 2024 £ £ 36,578 43,539 374,281 352,692 21,210 14,990 216,698 169,428 _ _ 648,767 580,649 _ _ 617,274 601,159 10,444 11,222 - - _ _ 627,718 612,381 _ _ 21,049 (31,732) (27,216) 4,516 _ _ (6,167) (27,216) |
|---|---|---|
8
Boston United Football Club Community Foundation Company number 06433551 Balance sheet
As at 30 June 2025
| Total | Total | ||||
|---|---|---|---|---|---|
| Notes | 2025 | 2024 | |||
| £ | £ | ||||
| Fixed assets | |||||
| Tangible assets | 9 | 5,830 | 4,957 | ||
| Current assets | |||||
| Debtors | 10 | 34,323 | 24,145 | ||
| Cash at bank and in hand | 29,740 | 31,661 |
|||
| Total current assets | 64,063 | 64,063 | 55,806 | ||
| Creditors:Amounts falling due within one year | Amounts falling due within one year 11 |
76,060 |
87,979 |
||
| Net current liabilities | (11,997) | (32,173) | |||
| Net assets | (6,167) (27,216) | (6,167) (27,216) | (6,167) (27,216) | (6,167) (27,216) | (6,167) (27,216) |
| Funds of the charity | |||||
| Unrestricted funds | 12 | (6,167) (27,216) | (6,167) (27,216) | (6,167) (27,216) | |
| Total charity assets | 12 (6,167) (27,216) | 12 (6,167) (27,216) | 12 (6,167) (27,216) | 12 (6,167) (27,216) | 12 (6,167) (27,216) |
For the year ended 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors’ responsibilities:
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the members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476;
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the directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts:
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
[27/03/2026 SIGNED SECURELY27/03/2026 at 12:16:06 PM UTC
The financial statements were approved by the Board on ……………………………..
[rae SIGNED SECURELY27/03/2026 at 12:16:06 PM UTC Kempeter ………………………… N R Kempster, Trustee
9
Boston United Football Club Community Foundation Notes to the financial statements Year ended 30 June 2025
1 Summary of significant accounting policies
(a) General information and basis of preparation
Boston United Football Club Community Foundation is a private company limited by guarantee incorporated in England. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity. The address of the registered office is given in the charity information on page 1 of these financial statements. The nature of the charity’s operations and principal activities are described on page 3.
The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with Accounting 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) issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011, the Companies Act 2006 and UK Generally Accepted Accounting Practice.
The financial statements are prepared on a going concern basis under the historical cost convention, modified to include certain items at fair value. The financial statements are presented in sterling which is the functional currency of the charity and rounded to the nearest £.
The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.
(b) Income recognition
Grants received of a revenue nature are credited to Incoming Resources in the Statement of Financial Activities when the company is legally entitled to the income and the amount can be quantified with reasonable accuracy.
Services provided, sponsorship and rents are accounted for on the accruals basis. Other income is accounted for when received. All income is shown gross with associated costs included in expenditure.
(c) Expenditure recognition
All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate costs related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
(d) 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.
Furniture, fittings and equipment – over 3 years / 25% on written down value
10
Boston United Football Club Community Foundation Notes to the financial statements Year ended 30 June 2025
(e) Funds
General funds are unrestricted funds which are available for use at the discretion of the trustees in the furtherance of the general objectives of the charity and which have not been designated for other purposes.
2 Income from charitable activities
| Training fees College income Coaching hours Fundraising income Sundry income |
Unrestricted Funds Total 2025 2024 £ £ 180,617 176,360 120,506 122,882 28,608 25,950 1,138 512 43,412 26,988 374,281 352,692 |
|---|---|
3 Expenditure on charitable activities
| Note Wages and salaries 5 Facility hire Match and training kits Match official and league entry fees Sports equipment Miscellaneous purchases Staff training Insurance Printing, postage and stationery Subscriptions Sundry expenses Motor and travel expenses Depreciation Loss on disposal |
Unrestricted Funds Total 2025 2024 £ £ 331,043 307,057 107,894 115,485 42,353 33,839 20,683 20,064 10,493 19,938 28,047 24,053 9,746 13,402 1,140 3,579 2,190 1,939 584 6,217 20,317 13,854 38,311 37,594 3,923 4,138 550 - 617,274 601,159 |
|---|---|
11
Boston United Football Club Community Foundation Notes to the financial statements Year ended 30 June 2025
4 Governance costs
| Accountancy fees Legal and professional fees Bad debts written off Bank charges |
Unrestricted Funds 2025 £ 2,030 1,549 408 6,457 10,444 |
Unrestricted Funds 2025 £ 2,030 1,549 408 6,457 10,444 |
Total 2024 £ 1,996 1,066 1,740 6,420 11,222 |
|---|---|---|---|
5 Staff costs and numbers
| Wages and salaries Social security costs Pension costs |
2025 £ 308,751 17,094 5,198 331,043 |
2024 £ 286,944 16,710 3,403 307,057 |
|---|---|---|
No employee received emoluments of more than £60,000.
The average number of employees during the year was 52 (2024 - 45).
6 Operating surplus/(deficit)
| The operating surplus/(deficit) is after charging: Independent examiner’s fee Interest payable Bank interest |
2025 £ 500 2025 £ - |
2024 £ 500 2024 £ - |
||
|---|---|---|---|---|
7 Interest payable
12
Boston United Football Club Community Foundation Notes to the financial statements Year ended 30 June 2025
8 Taxation
As a charity the company is exempt from Corporation Tax.
9 Tangible fixed assets
| Furniture, fittings and Motor |
Furniture, fittings and Motor |
Total £ 11,242 5,955 (1,830) 15,367 6,285 3,923 (671) 9,537 5,830 4,957 2024 £ 13,598 10,547 24,145 |
||
|---|---|---|---|---|
equipment vehicles |
||||
| £ | £ | |||
| Cost or valuation | ||||
| At 1 July 2024 | 9,412 |
1,830 |
||
| Additions | 5,955 |
- |
||
| Disposals | - | (1,830) | ||
| At 30 June 2025 | ||||
| 15,367 |
- |
|||
| Depreciation | ||||
| At 1 July 2024 | 5,614 |
671 |
||
| Charge for the year | 3,923 |
- |
||
| Eliminated on disposal | - | (671) |
||
| At 30 June 2025 | ||||
| 9,537 |
- |
|||
| Carrying amount | ||||
At 30 June 2025 |
||||
| 5,830 |
- |
|||
| At 30 June 2024 | ||||
| 3,798 |
1,159 |
|||
| 10 | Debtors Trade debtors Prepayments and accrued income |
2025 £ 14,849 19,474 34,323 |
13
Boston United Football Club Community Foundation Notes to the financial statements Year ended 30 June 2025
11 Creditors: Amounts falling due within on year
| Trade creditors Other creditors Accruals and deferred income Taxation and social security |
2025 £ 16,195 31,888 24,378 3,599 76,060 |
2024 £ 8,170 32,120 44,409 3,280 87,979 |
|---|---|---|
12 Accumulated funds
| As at 1 July 2024 Surplus for the year As at 30 June 2025 |
Unrestricted | Unrestricted |
|---|---|---|
| Funds £ (27,216) 21,049 (6,167) |
13 Analysis of net assets between funds
| Tangible fixed assets Current assets Current liabilities |
Unrestricted Funds £ 5,830 64,063 (76,060) (6,167) |
Total £ 5,830 64,063 (76,060) (6,167) |
|---|---|---|
14 Trustees’ remuneration
No remuneration or expenses directly or indirectly out of the funds of the company was paid or payable for the year to any trustee or to any person or persons known to be connected with any of them.