REGISTERED COMPANY NUMBER: 09444183 (England and Wales) REGISTERED CHARITY NUMBER: 1176460
Report of the Trustees and
Financial Statements for the Year Ended 27 February 2025
for
Darnall FA Limited
Hartrose Associates Ltd 61a Blagden Street Sheffield West Yorkshire S2 5QS
Darnall FA Limited
Contents of the Financial Statements for the Year Ended 27 February 2025
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | ||
| Independent Examiner's Report | 2 | ||
| Statement of Financial Activities | 3 | ||
| Balance Sheet | 4 | ||
| Notes to the Financial Statements | 5 | to | 9 |
| Detailed Statement of Financial Activities | 10 |
Darnall FA Limited
Report of the Trustees for the Year Ended 27 February 2025
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 27 February 2025. The trustees have adopted the provisions of 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) (effective 1 January 2019).
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
09444183 (England and Wales)
Registered Charity number
1176460
Registered office
Unit 6, Kanja Business Park Sheffield South Yorkshire S9 4LR
Trustees
K Aslam S Anwar
Independent Examiner
Hartrose Associates Ltd 61a Blagden Street Sheffield West Yorkshire S2 5QS
Approved by order of the board of trustees on 16 April 2025 and signed on its behalf by:
K Aslam - Trustee
Page 1
Independent Examiner's Report to the Trustees of Darnall FA Limited
Independent examiner's report to the trustees of Darnall FA Limited ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 27 February 2025.
Responsibilities and basis of report
As the charity's 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 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.
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 as required by Section 386 of the 2006 Act; or
-
the accounts do not accord with those 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; or
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the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for 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 Sajid Mahmood
Hartrose Associates Ltd 61a Blagden Street Sheffield West Yorkshire S2 5QS
16 April 2025
Page 2
Darnall FA Limited
Statement of Financial Activities
for the Year Ended 27 February 2025
| Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 152,819 Other trading activities 2 2,500 Total 155,319 EXPENDITURE ON Raising funds 3 127,295 Other 12,472 Total 139,767 NET INCOME 15,552 RECONCILIATION OF FUNDS Total funds brought forward 43,178 TOTAL FUNDS CARRIED FORWARD 58,730 |
Restricted fund £ 13,411 - 13,411 12,659 - 12,659 752 40,669 41,421 |
27.2.25 27.2.24 Total Total funds funds £ £ 166,230 260,420 2,500 3,079 168,730 263,499 139,954 208,745 12,472 2,815 152,426 211,560 16,304 51,939 83,847 31,908 100,151 83,847 |
27.2.25 27.2.24 Total Total funds funds £ £ 166,230 260,420 2,500 3,079 168,730 263,499 139,954 208,745 12,472 2,815 152,426 211,560 16,304 51,939 83,847 31,908 100,151 83,847 |
|---|---|---|---|
| 263,499 | |||
| 208,745 2,815 |
|||
| 211,560 | |||
| 51,939 31,908 |
|||
| 83,847 |
The notes form part of these financial statements
Page 3
Darnall FA Limited
Balance Sheet
27 February 2025
| Unrestricted fund Notes £ FIXED ASSETS Tangible assets 7 29,916 CURRENT ASSETS Debtors 8 13,281 Cash at bank and in hand 35,244 48,525 CREDITORS Amounts falling due within one year 9 (19,711) NET CURRENT ASSETS 28,814 TOTAL ASSETS LESS CURRENT LIABILITIES 58,730 NET ASSETS 58,730 FUNDS 10 Unrestricted funds Restricted funds TOTAL FUNDS |
Restricted fund £ 34,721 - - - 6,700 6,700 41,421 41,421 |
27.2.25 Total funds £ 64,637 13,281 35,244 48,525 (13,011) 35,514 100,151 100,151 58,730 41,421 100,151 |
27.2.24 Total funds £ 58,979 - 47,193 47,193 (22,325) 24,868 83,847 83,847 43,178 40,669 83,847 |
|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 27 February 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended 27 February 2025 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
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(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
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(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 16 April 2025 and were signed on its behalf by:
K Aslam - Trustee
The notes form part of these financial statements
Page 4
Darnall FA Limited
Notes to the Financial Statements for the Year Ended 27 February 2025
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, 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 accounted for on an accruals basis and has been classified under headings that aggregate all cost 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.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 5% on reducing balance
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
2. OTHER TRADING ACTIVITIES
| OTHER TRADING ACTIVITIES | ||
|---|---|---|
| 27.2.25 | 27.2.24 | |
| £ | £ | |
| Sponsorships | 2,500 | 3,079 |
Page 5
continued...
Darnall FA Limited
Notes to the Financial Statements - continued for the Year Ended 27 February 2025
3. RAISING FUNDS
Raising donations and legacies
| Sports and activities cost Support costs |
27.2.25 £ 77,688 62,266 139,954 |
27.2.24 £ 47,742 161,003 |
|---|---|---|
| 208,745 |
4.
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
| 27.2.25 | 27.2.24 | |
|---|---|---|
| £ | £ | |
| Depreciation - owned assets | 3,402 | 10,408 |
5. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 27 February 2025 nor for the year ended 27 February 2024.
Trustees' expenses
There were no trustees' expenses paid for the year ended 27 February 2025 nor for the year ended 27 February 2024.
6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted fund £ INCOME AND ENDOWMENTS FROM Donations and legacies 204,166 Other trading activities 3,079 Total 207,245 EXPENDITURE ON Raising funds 183,203 Other 2,815 Total 186,018 NET INCOME 21,227 RECONCILIATION OF FUNDS Total funds brought forward 21,951 TOTAL FUNDS CARRIED FORWARD 43,178 |
Restricted fund £ 56,254 - 56,254 25,542 - 25,542 30,712 9,957 40,669 |
Total funds £ 260,420 3,079 |
|---|---|---|
| 263,499 | ||
| 208,745 2,815 |
||
| 211,560 | ||
| 51,939 31,908 |
||
| 83,847 |
Page 6
continued...
Darnall FA Limited
Notes to the Financial Statements - continued for the Year Ended 27 February 2025
7. TANGIBLE FIXED ASSETS
| COST At 28 February 2024 Additions At 27 February 2025 DEPRECIATION At 28 February 2024 Charge for year At 27 February 2025 NET BOOK VALUE At 27 February 2025 At 27 February 2024 8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade debtors Other debtors 9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade creditors Social security and other taxes Other creditors Accrued expenses 10. MOVEMENT IN FUNDS Unrestricted funds General fund Restricted funds Restricted fund TOTAL FUNDS |
Plant and machinery £ 71,623 9,060 80,683 12,644 3,402 16,046 64,637 58,979 27.2.25 27.2.24 £ £ 7,550 - 5,731 - 13,281 - 27.2.25 27.2.24 £ £ 1,750 2,749 2,459 2,459 8,452 16,767 350 350 13,011 22,325 Net At movement At 28.2.24 in funds 27.2.25 £ £ £ 43,178 15,552 58,730 40,669 752 41,421 83,847 16,304 100,151 |
|---|---|
continued...
Page 7
Darnall FA Limited
Notes to the Financial Statements - continued for the Year Ended 27 February 2025
10. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Restricted fund TOTAL FUNDS Comparatives for movement in funds Unrestricted funds General fund Restricted funds Restricted fund TOTAL FUNDS Comparative net movement in funds, included in the above are as follows: Unrestricted funds General fund Restricted funds Restricted fund TOTAL FUNDS |
Incoming resources £ 155,319 13,411 168,730 At 28.2.23 £ 21,951 9,957 31,908 Incoming resources £ 207,245 56,254 263,499 |
Resources Movement expended in funds £ £ (139,767) 15,552 (12,659) 752 (152,426) 16,304 Net movement At in funds 27.2.24 £ £ 21,227 43,178 30,712 40,669 51,939 83,847 Resources Movement expended in funds £ £ (186,018) 21,227 (25,542) 30,712 (211,560) 51,939 |
Resources Movement expended in funds £ £ (139,767) 15,552 (12,659) 752 (152,426) 16,304 Net movement At in funds 27.2.24 £ £ 21,227 43,178 30,712 40,669 51,939 83,847 Resources Movement expended in funds £ £ (186,018) 21,227 (25,542) 30,712 (211,560) 51,939 |
|---|---|---|---|
| 51,939 |
continued...
Page 8
Darnall FA Limited
Notes to the Financial Statements - continued for the Year Ended 27 February 2025
10. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund Restricted funds Restricted fund TOTAL FUNDS |
Net At movement At 28.2.23 in funds 27.2.25 £ £ £ 21,951 36,779 58,730 9,957 31,464 41,421 31,908 68,243 100,151 |
|---|---|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Restricted fund TOTAL FUNDS |
Incoming resources £ 362,564 69,665 432,229 |
Resources Movement expended in funds £ £ (325,785) 36,779 (38,201) 31,464 (363,986) 68,243 |
Resources Movement expended in funds £ £ (325,785) 36,779 (38,201) 31,464 (363,986) 68,243 |
|---|---|---|---|
| 68,243 |
11. RELATED PARTY DISCLOSURES
The charity made use of a commercial premises owned by one of the Trustees during the year. Rent was charged at below market value.
Page 9
Darnall FA Limited
Detailed Statement of Financial Activities for the Year Ended 27 February 2025
| Detailed Statement of Financial Activities for the Year Ended 27 February 2025 |
||
|---|---|---|
| 27.2.25 | 27.2.24 | |
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Donations | - | 10,000 |
| Grants | 13,411 | 75,874 |
| Subscriptions | - | 13,528 |
| Pitch hire | 152,819 | 161,018 |
| 166,230 | 260,420 | |
| Other trading activities | ||
| Sponsorships | 2,500 | 3,079 |
| Total incoming resources | 168,730 | 263,499 |
| EXPENDITURE | ||
| Raising donations and legacies | ||
| Sports and activities cost | 77,688 | 47,742 |
| Other | ||
| Subs & Travel | - | 2,815 |
| Support costs | ||
| Management | ||
| Rates and water | 9,119 | 5,591 |
| Insurance | 4,299 | 3,799 |
| Light and heat | 11,218 | 8,227 |
| Telephone | 1,066 | 938 |
| Postage and stationery | - | 870 |
| Rent | 18,000 | 18,000 |
| Repairs & Renewals | 22,887 | 107,855 |
| Plant and machinery | 3,402 | 10,408 |
| 69,991 | 155,688 | |
| Finance | ||
| Bank charges | 2,010 | 1,202 |
| Information technology | ||
| Sundries | 167 | - |
| Governance costs | ||
| Accountancy and legal fees | 2,400 | 925 |
| Legal fees | 170 | 3,188 |
| 2,570 | 4,113 | |
| Total resources expended | 152,426 | 211,560 |
| Net income | 16,304 | 51,939 |
This page does not form part of the statutory financial statements
Page 10