DocuSign Envelope ID: 20D899EA-9BBC-450C-A03C-6C7E40419531
REGISTERED COMPANY NUMBER: 11036803 (England and Wales) REGISTERED CHARITY NUMBER: 1176785
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS FOR THE PERIOD 1ST JUNE 2022 TO 30TH MAY 2023
FOR
ENFIELD RANGERS YOUTH FOOTBALL CLUB
(A COMPANY LIMITED BY GUARANTEE)
Eric & Co Chartered Certified Accountants
& Registered Auditors 87 Tylecroft Road London SW16 4BJ
DocuSign Envelope ID: 20D899EA-9BBC-450C-A03C-6C7E40419531
ENFIELD RANGERS YOUTH FOOTBALL CLUB
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE PERIOD 1ST JUNE 2022 TO 30TH MAY 2023
| Page | |||
|---|---|---|---|
| Reference and Administrative Details | 1 | ||
| Report of the Trustees | 2 | to | 6 |
| Independent Examiner's Report | 7 | ||
| Statement of Financial Activities | 8 | ||
| Balance Sheet | 9 | to | 10 |
| Notes to the Financial Statements | 11 | to | 15 |
DocuSign Envelope ID: 20D899EA-9BBC-450C-A03C-6C7E40419531
ENFIELD RANGERS YOUTH FOOTBALL CLUB
REFERENCE AND ADMINISTRATIVE DETAILS FOR THE PERIOD 1ST JUNE 2022 TO 30TH MAY 2023
TRUSTEES J Campbell Director C R Rutter Director REGISTERED OFFICE The Recreation Ground Carterhatch Lane Enfield Middlesex EN1 4LJ REGISTERED COMPANY 11036803 (England and Wales) NUMBER REGISTERED CHARITY 1176785 NUMBER INDEPENDENT EXAMINER Eric & Co Chartered Certified Accountants & Registered Auditors 87 Tylecroft Road London SW16 4BJ
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ENFIELD RANGERS YOUTH FOOTBALL CLUB
REPORT OF THE TRUSTEES
FOR THE PERIOD 1ST JUNE 2022 TO 30TH MAY 2023
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 period 1st June 2022 to 30th May 2023. 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).
OBJECTIVES AND ACTIVITIES
The company's principal activity during the period under review is that of the promotion of community participation in healthy recreation for the benefit of the children and youths of all ages living in or near the London Borough of Enfield by the provision of facilities for the playing of association football.
The Trustees confirm that they have paid due regard to the guidance contain in the Charity Commission's general guidance on public benefit when reviewing the Trust's aims and objectives for the year.
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ENFIELD RANGERS YOUTH FOOTBALL CLUB
REPORT OF THE TRUSTEES
FOR THE PERIOD 1ST JUNE 2022 TO 30TH MAY 2023
ACHIEVEMENT AND PERFORMANCE
Introduction:
This review assesses the achievements and performance of a youth charity football club during the 2022-23 season. The club's efforts in promoting youth development and community engagement through football are commendable. The following review highlights their notable accomplishments and overall performance during the specified period. A strong business plan has enabled us to achieve FA Accreditation for a further season and our aims and objectives will be to continue on these successes.
On-field Achievements:
Team Successes; U14 Green White division champions and promoted to Red division (Premier League), U12 White Purple division runners-up achieving promotion to Green division.
a. Tournament Success: The club organised another successful annual tournament with 96 team entries over two weekends. The club had one team win their respective age group and another 1 as runners-up. Various teams also entered external tournaments with U13's winning the Potters Bar tournament.
b. League Standings: The club's performances in the various age groups had success and can be evaluated by their final standings. Our U14's Green won a very competitive White division. Our U12's continue to develop and achieved a well deserved promotion.
c. Individual Recognition: Three players who played for our outstanding U14 premier division champions the previous season have gone to represent Enfield Borough at EJA standard. One of our young coaches won the prestigious Middlesex FA Grassroots coach of the year male pathway.
Community Engagement:
The youth charity football club engagement with the local community encourages players of all abilities and ethnic backgrounds to participate in grassroots football.
We continue to run our popular Saturday Development Squad for young players from the age of 5-10 years of age to develop their football and social skills. We also encourage some of our older players to develop their own coaching skills. Our younger coaches are now fully involved in our development coaching sessions.
Player Development and Growth:
Our main focus is on player development and we review each player and the teams performances. We are a platform for various players to reach great heights and be scouted by an academy to play at a higher level.
We recruit coaches from within the local community, who can be a parent or an adult from the local community and we help them to achieve FA coaching awards, safeguarding and first-aid qualifications. Our Coaches get the chance a few times during the season to visit our local premier league club Tottenham Hotspur to observe coaching sessions at various age groups.
Player Advancement: Identify any players who have progressed to higher levels of competition, such as being selected for representative teams or receiving opportunities at professional academies. This demonstrates the team's ability to nurture talent and provide a pathway for player advancement.
Conclusion:
The youth charity football club showcased commendable achievements and performance during the 2022-23 season. Their on-field accomplishments, community engagement efforts, and focus on player development contribute to their overall success and impact. By recognising their achievements and assessing their performance, the club's dedication to promoting youth development and community engagement through football can be celebrated and used as a foundation for future growth and success.
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ENFIELD RANGERS YOUTH FOOTBALL CLUB
REPORT OF THE TRUSTEES
FOR THE PERIOD 1ST JUNE 2022 TO 30TH MAY 2023
FINANCIAL REVIEW
Financial Review
This financial review of the performance of the charity for the fiscal year ending 31-05-2023 as set out in the financial activities for the period on page 5 of the financial statements.
Revenue Analysis:
The charity youth football club witnessed a light growth in revenue during the reviewed period.
This revenue growth can be attributed to various factors, such as increased membership fees, sponsorships, and rental income, however some of these increases were offset by a drop in trading activities. The club's management maintained a gradual increase in overall revenue and effectively utilising the resources to support their operations and goals.
Bounce-Back Loan Reduction:
In a prudent financial move, the club elected to reduce the bounce-back loan by an extra £3,000 beyond the minimum payments. The bounce-back loan, provided under government schemes to support businesses during the COVID-19 pandemic, carries favourable terms, including low-interest rates and repayment flexibility.
By voluntarily paying off an additional £3,000, the club demonstrated responsible financial management and a proactive approach to debt reduction. This decision will help minimise the interest expense over the loan's term and improve the club's financial position in the long run. It showcases the commitment of the club's management to maintain a sustainable financial structure while ensuring the continuation of their charitable activities.
Financial Stability and Sustainability:
The charity youth football club's revenue growth and prudent debt management reflect a positive outlook for the organisation's financial stability and sustainability. The increased revenue not only allows the club to maintain its existing programs but also provides opportunities to invest in new initiatives and enhance the quality of services offered to its members.
However, it is crucial for the club's management to continue monitoring and diversifying revenue sources to mitigate any potential risks associated with over-reliance on a single income stream. Additionally, implementing robust financial controls and budgeting practices will enable the club to effectively manage expenses and optimise resource allocation.
Conclusion:
The financial review highlights the commendable performance of the charity youth football club, which experienced a revenue increase in line with expectations. Moreover, their decision to reduce the bounce-back loan by an additional £3,000 showcases responsible financial management and a commitment to long-term sustainability.
By leveraging this revenue growth and implementing prudent financial strategies, the club is well-positioned to fulfill its mission of providing valuable opportunities for youth engagement and development through football. However, it is important for the club to maintain financial discipline, diversify revenue streams, and prioritize effective resource allocation to ensure continued success in the future.
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ENFIELD RANGERS YOUTH FOOTBALL CLUB
REPORT OF THE TRUSTEES FOR THE PERIOD 1ST JUNE 2022 TO 30TH MAY 2023
FUTURE PLANS
Expansion of Programs:
The community youth football charity aims to expand its programs to reach a wider range of participants. This may include introducing new age groups or teams, offering regular training sessions, the continuation of our Saturday Development Squad and holding our annual tournament. We continue to be a member of the Watford Friendly League playing on a Sunday playing both non competitive and competitive football. By expanding our programs, the charity can provide more opportunities for youth engagement and development in football. We are now developing our summer tournament to increase from 96 teams to 160 teams and introduce a Plate alongside the normal Cup award.
Facility Development:
Investing in facility development is crucial for the charity's long-term growth and sustainability. We have made various improvements during the season to improve the visibility of the club including improved drainage, improved signage and a storage station for our 7-a-side goals. We are in negotiations to develop a new lease to help apply for funding to develop our facility and the associated clubhouse and football pitches, upgraded equipment, and better amenities for players, coaches, and spectators. Developing safe and modern facilities will help attract more participants and support the charity's overall mission.
Community Outreach:
To expand our impact and engage with a broader community, we use a few forms of social media to reach the wider community, such as Facebook, Instagram and Twitter.
Volunteer Recruitment and Training:
Volunteers play a vital role in the success of our community grassroots youth football club charity. We focus on recruiting and training dedicated volunteers who can serve as coaches, mentors, and administrators and committee members. We also recruited on to our committee two dedicated individuals to develop our fundraising further.
Fundraising and Sponsorship:
To support the ongoing development plans and expansion of programs we have a regular fundraising activity in line with the national lottery numbers, which remains a continuous source of income. Members and external friends and family have been engaged to participate in this fundraising event. We also seek corporate sponsorships, and local business sponsorships mainly for the purchase of garments where our sponsors have their logo displayed on our kits. We also have 6ft x 3ft banners displayed within the vicinity of our 5-a-side training pitch as another form of sponsorship. Developing strong relationships with local businesses, individuals, and organisations that share the charity's vision will be crucial in securing financial support for their initiatives.
Education and Development:
We support education and develop at our youth football club with our training sessions and we strongly encourage the children to make their own decisions and embrace making mistakes in football as part of their development. We aim to development children's confidence through making friendships on and off the field. We have the elder children coaching our Development Squad on a Saturday.
Collaboration and Networking:
Collaborating with other youth football organisations, sports clubs, and community groups can provide opportunities for sharing resources, best practices, and fostering a sense of camaraderie. Participating in local and regional networks allows the charity to stay connected, learn from others, and create synergies for greater impact. We are members of Enfield Sport and attend meetings with other sports clubs within our catchment area and use this excellent resource to facilitate our ongoing plan.
Conclusion:
By implementing these future plans, our community grassroots youth football club charity can continue to provide valuable opportunities for youth engagement, development, and community building. Expanding programs, developing facilities, conducting outreach initiatives, recruiting and training volunteers, fundraising effectively, emphasising education, and fostering collaborations will help the charity thrive and make a lasting difference in the lives of young individuals in the community.
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.
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ENFIELD RANGERS YOUTH FOOTBALL CLUB
REPORT OF THE TRUSTEES
FOR THE PERIOD 1ST JUNE 2022 TO 30TH MAY 2023
STRUCTURE, GOVERNANCE AND MANAGEMENT
Risk management
The Trustees have assessed the major risks to which the charity is exposed, in particular those relating to the operations and finances of the Charity and are satisfied that systems and controls are in place to mitigate their exposure to the major risks.
Approved by order of the board of trustees on 29th February 2024 and signed on its behalf by:
C R Rutter - Trustee
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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ENFIELD RANGERS YOUTH FOOTBALL CLUB
Independent examiner's report to the trustees of Enfield Rangers Youth Football Club ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the period 1st June 2022 to 30th May 2023.
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
-
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.
Eric Ashong (FCCA)
Eric & Co Chartered Certified Accountants & Registered Auditors 87 Tylecroft Road London SW16 4BJ 30 March 2024 Date: .............................................
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DocuSign Envelope ID: 20D899EA-9BBC-450C-A03C-6C7E40419531
ENFIELD RANGERS YOUTH FOOTBALL CLUB
STATEMENT OF FINANCIAL ACTIVITIES FOR THE PERIOD 1ST JUNE 2022 TO 30TH MAY 2023
| Period | |||
|---|---|---|---|
| 1/6/22 | |||
| to | Year Ended | ||
| 30/5/23 | 31/5/22 | ||
| Unrestricted | Total | ||
| fund | funds | ||
| Notes | £ | £ | |
| INCOME AND ENDOWMENTS FROM | |||
| Donations and legacies | 28,381 | 16,888 | |
| Other trading activities | 2 | 54,829 | 67,007 |
| Investment income | 3 | 32,998 | 25,545 |
| Total | 116,208 | 109,440 | |
| EXPENDITURE ON | |||
| Raising funds | 4 | 25,430 | 34,688 |
| Charitable activities | |||
| Club House and Football Pitches | 29,184 | 28,273 | |
| Adminsistration Costs | 11,108 | 6,256 | |
| Football Related Costs | 39,920 | 12,777 | |
| Depreciation of Fixed Assets | 6,240 | 6,984 | |
| Total | 111,882 | 88,978 | |
| NET INCOME | 4,326 | 20,462 | |
| RECONCILIATION OF FUNDS | |||
| Total funds brought forward | 57,804 | 37,342 | |
| TOTAL FUNDS CARRIED FORWARD | 62,130 | 57,804 |
The notes form part of these financial statements
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DocuSign Envelope ID: 20D899EA-9BBC-450C-A03C-6C7E40419531
ENFIELD RANGERS YOUTH FOOTBALL CLUB
BALANCE SHEET 30TH MAY 2023
| 2023 Unrestricted fund Notes £ FIXED ASSETS Tangible assets 7 54,711 CURRENT ASSETS Stocks 8 2,059 Debtors 9 1,130 Cash at bank and in hand 23,427 26,616 CREDITORS Amounts falling due within one year 10 (10,590) NET CURRENT ASSETS 16,026 TOTAL ASSETS LESS CURRENT LIABILITIES 70,737 CREDITORS Amounts falling due after more than one year 11 (8,607) NET ASSETS 62,130 FUNDS 13 Unrestricted funds 62,130 TOTAL FUNDS 62,130 |
2022 Total funds £ 60,951 2,059 973 18,628 21,660 (9,660) 12,000 72,951 (15,147) 57,804 57,804 57,804 |
|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30th May 2023.
The members have not required the company to obtain an audit of its financial statements for the period ended 30th May 2023 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(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.
The notes form part of these financial statements
continued...
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ENFIELD RANGERS YOUTH FOOTBALL CLUB
BALANCE SHEET - continued 30TH MAY 2023
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 29th February 2024 and were signed on its behalf by:
C R Rutter - Trustee
The notes form part of these financial statements
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ENFIELD RANGERS YOUTH FOOTBALL CLUB
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1ST JUNE 2022 TO 30TH MAY 2023
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 incoming resources are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income:
Member Registration and Subscriptions is accrued and is included in full in the statement of financial activities .
Rental Income is accrued and is included in full in the statement of financial activities.
Cafe and Bar takings is received and is included in full in the statement of financial activities when received
Voluntary income is received by way of donations and gifts and is included in full in the statement of financial activities when received.
Donated services and facilities are included at the value to the charity where this can be quantified. The value of services provided by volunteers has not been included.
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.
Expenditure and Income is reported inclusive of VAT.
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 - 25% on reducing balance Fixtures and fittings - at varying rates on cost
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
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.
continued...
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ENFIELD RANGERS YOUTH FOOTBALL CLUB
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE PERIOD 1ST JUNE 2022 TO 30TH MAY 2023
1. ACCOUNTING POLICIES - continued
Fund accounting
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
2. OTHER TRADING ACTIVITIES
| Fundraising events Shop income Sponsorships Contributions from members 3. INVESTMENT INCOME Rents received Deposit account interest 4. RAISING FUNDS Goods Bought for Resale Bank Charges Bank Interest Fund Raising Expenses |
Period 1/6/22 to 30/5/23 £ 14,042 37,861 2,446 480 54,829 Period 1/6/22 to 30/5/23 £ 32,974 24 32,998 |
Period 1/6/22 to 30/5/23 £ 14,042 37,861 2,446 480 54,829 Period 1/6/22 to 30/5/23 £ 32,974 24 32,998 |
Year Ended 31/5/22 £ 14,998 50,762 1,130 117 67,007 Year Ended 31/5/22 £ 25,545 - 25,545 |
Year Ended 31/5/22 £ 14,998 50,762 1,130 117 67,007 Year Ended 31/5/22 £ 25,545 - 25,545 |
|---|---|---|---|---|
| 2023 | 2022 | |||
| £ | £ | |||
| 19,475 | 25,857 | |||
| 863 | ||||
| 781 | 480 | |||
| 5,174 | 7488 | |||
| 25,430 | 34,668 | |||
continued...
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ENFIELD RANGERS YOUTH FOOTBALL CLUB
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE PERIOD 1ST JUNE 2022 TO 30TH MAY 2023
5. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
| Period | ||
|---|---|---|
| 1/6/22 | ||
| to | Year Ended | |
| 30/5/23 | 31/5/22 | |
| £ | £ | |
| Depreciation - owned assets | 6,240 | 6,984 |
| Other operating leases | 50 | 50 |
6. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the period ended 30th May 2023 nor for the year ended 31st May 2022.
Trustees' expenses
There were no trustees' expenses paid for the period ended 30th May 2023 nor for the year ended 31st May 2022.
7. TANGIBLE FIXED ASSETS
| Plant and machinery £ COST At 1st June 2022 and 30th May 2023 22,565 DEPRECIATION At 1st June 2022 13,614 Charge for year 2,240 At 30th May 2023 15,854 NET BOOK VALUE At 30th May 2023 6,711 At 31st May 2022 8,951 8. STOCKS Stocks |
Fixtures and fittings £ 60,000 8,000 4,000 12,000 48,000 52,000 2023 £ 2,059 |
Totals £ 82,565 |
|---|---|---|
| 21,614 6,240 |
||
| 27,854 | ||
| 54,711 | ||
| 60,951 | ||
| 2022 £ 2,059 |
continued...
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ENFIELD RANGERS YOUTH FOOTBALL CLUB
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE PERIOD 1ST JUNE 2022 TO 30TH MAY 2023
| 9. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2023 2022 £ £ Other debtors 1,130 973 10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2023 2022 £ £ Bank loans and overdrafts (see note 12) 4,090 3,910 Trade creditors 5,000 5,000 Accrued expenses 1,500 750 10,590 9,660 11. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR 2023 2022 £ £ Bank loans (see note 12) 8,607 15,147 12. LOANS An analysis of the maturity of loans is given below: 2023 2022 £ £ Amounts falling due within one year on demand: Bank loans 4,090 3,910 Amounts falling between one and two years: Bank loans - 1-2 years 4,279 4,090 Amounts falling due between two and five years: Bank loans - 2-5 years 4,328 11,057 13. MOVEMENT IN FUNDS Net movement At At 1/6/22 in funds 30/5/23 £ £ £ Unrestricted funds General fund 57,804 4,326 62,130 TOTAL FUNDS 57,804 4,326 62,130 |
2022 £ 973 |
|
|---|---|---|
| 2022 £ 3,910 5,000 750 |
||
| 9,660 | ||
| 2022 £ 15,147 |
||
| 2022 £ 3,910 |
||
| 4,090 | ||
| 11,057 | ||
| 62,130 |
continued...
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ENFIELD RANGERS YOUTH FOOTBALL CLUB
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE PERIOD 1ST JUNE 2022 TO 30TH MAY 2023
13. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming resources £ 116,208 116,208 |
Resources Movement expended in funds £ £ (111,882) 4,326 (111,882) 4,326 |
|---|---|---|
Comparatives for movement in funds
| At 1/6/21 £ Unrestricted funds General fund 37,342 TOTAL FUNDS 37,342 Comparative net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 109,440 TOTAL FUNDS 109,440 |
Net movement At in funds 31/5/22 £ £ 20,462 57,804 20,462 57,804 Resources Movement expended in funds £ £ (88,978) 20,462 (88,978) 20,462 |
|---|---|
14. RELATED PARTY DISCLOSURES
There were the following related party transactions for the year ended 31st May 2023.
| Expenditure | 2023 | 2022 |
|---|---|---|
| Name of Trustee or Relationship Nature of Transaction |
£ | £ |
| Craig Rutter (Chairman) Maintenance Work |
2,400 | 2,400 |
| Craig Rutter (Chairman) Committee Fees & Expenses | 5,050 | |
| Jaimie Rutter Cleaning Contract & Expense |
4,900 | 4,800 |
| John Campbell (Director) Maintenance Work |
11,300 | 3,393 |
| James Cambell Maintenance Work |
500 | |
| 24,150 | 10,593 | |
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