Docusign Envelope ID: C8A4F4AC-E659-4864-B27C-DA62AE60E618 

**REGISTERED COMPANY NUMBER: 11036803 (England and Wales) REGISTERED CHARITY NUMBER: 1176785** 

## Report of the Trustees and 

Unaudited Financial Statements for the Year Ended 31 May 2024 

## for 

Enfield Rangers Youth Football Club 

Eric & Co Chartered Certified Accountants & Registered Auditors 87 Tylecroft Road London SW16 4BJ 



Docusign Envelope ID: C8A4F4AC-E659-4864-B27C-DA62AE60E618 

Enfield Rangers Youth Football Club 

Contents of the Financial Statements for the Year Ended 31 May 2024 

||Page|
|---|---|
|Report of the Trustees|1 to 6|
|Independent Examiner's Report|7|
|Statement of Financial Activities|8|
|Balance Sheet|9 to 10|
|Notes to the Financial Statements|11 to 17|
|Detailed Statement of Financial Activities|18 to 19|





Docusign Envelope ID: C8A4F4AC-E659-4864-B27C-DA62AE60E618 

## Enfield Rangers Youth Football Club 

## Report of the Trustees 

for the Year Ended 31 May 2024 

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 31 May 2024. 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** 

## **Objectives and aims** 

The company's principal activity during the period under review was the promotion of community participation in healthy recreation for the benefit of children and young people of all ages living in or near the London Borough of Enfield through the provision of facilities for playing association football. 

The Trustees confirm that they have paid due regard to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing the Trust’s aims and objectives for the year. 

Page 1 



Docusign Envelope ID: C8A4F4AC-E659-4864-B27C-DA62AE60E618 

## Enfield Rangers Youth Football Club 

## Report of the Trustees 

for the Year Ended 31 May 2024 

## **ACHIEVEMENT AND PERFORMANCE** 

## Introduction: 

This review evaluates the achievements and performance of the youth charity football club during the 2023-24 season. The club has made commendable efforts in promoting youth development and community engagement through football. This review highlights key accomplishments and overall performance during the period. A strong business plan has enabled the club to secure FA Accreditation for another season, and our goals remain focused on building upon these successes. 

## On-Field Achievements: 

The club successfully organized its annual tournament, hosting 96 teams over two weekends. One of our teams won their respective age group, while another finished as runners-up. Additionally, various teams participated in external tournaments, with the U13s winning the Potters Bar tournament. 

## Community Engagement: 

The club actively engages with the local community, encouraging players of all abilities and backgrounds to participate in grassroots football. Our Saturday Development Squad remains a popular program for young players aged 5-10, helping them develop both football and social skills. We also support older players in developing their coaching skills, with younger coaches now fully integrated into our development sessions. 

A highly successful four-day Easter Soccer Camp was delivered, including players from Enfield Rangers and their friends. The camp featured three qualified coaches and two younger coaches gaining hands-on coaching experience. 

## Player Development and Growth: 

Player development is our primary focus, with individual and team performances regularly reviewed. The club serves as a platform for talented players to be scouted by academies and progress to higher levels. We actively recruit coaches from within the local community, including parents and adults who are supported in achieving FA coaching awards, safeguarding, and first-aid qualifications. Our coaches have the opportunity to visit Tottenham Hotspur's training ground during the season to observe professional coaching sessions across various age groups. 

Several players have progressed to higher levels of competition, including selection for representative teams and professional academies. This demonstrates the club’s ability to nurture talent and provide clear development pathways for aspiring footballers. 

## Conclusion: 

The youth charity football club demonstrated significant achievements and strong performance during the 2023-24 season. Our on-field success, community engagement initiatives, and focus on player development contribute to our overall impact. By recognizing these accomplishments, we reinforce our commitment to fostering youth development and community participation through football, laying a solid foundation for continued growth and success in the future. 

Page 2 



Docusign Envelope ID: C8A4F4AC-E659-4864-B27C-DA62AE60E618 

## Enfield Rangers Youth Football Club 

## Report of the Trustees 

for the Year Ended 31 May 2024 

## **FINANCIAL REVIEW** 

## Financial Review 

This financial review of the performance of the charity for the fiscal year ending 31-05-2024 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 sustained growth in revenue during the reviewed period. 

This revenue growth can be attributed to various factors, mainly two events; the first being a 5K sponsored run event. Trading activity saw growth with an increase in bar goods prices and rental income. Our annual membership registration fee was also increased at an affordable level. 

For the first time in the club's history teams monthly subs money controlled by each team was eradicated and 100% of financial income is managed and controlled by the club. This has enabled us to take control of kit ordering and equipment stock. 

## Bounce-Back Loan Payments: 

We now have just over a third left to pay back against our bounce-back loan. 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. 

## 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, equipment 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 optimize resource allocation. 

## Conclusion: 

The financial review highlights the commendable performance of the charity youth football club, which experienced a notable revenue increase in revenue. The club and committee is committed to long-term sustainability. 

By leveraging this revenue growth and implementing prudent financial strategies, the club is well-positioned to fulfil 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 prioritise effective resource allocation to ensure continued success in the future. 

Page 3 



Docusign Envelope ID: C8A4F4AC-E659-4864-B27C-DA62AE60E618 

## Enfield Rangers Youth Football Club 

## Report of the Trustees 

for the Year Ended 31 May 2024 

## **FUTURE PLANS** 

## Future Plans 

Our charity remains committed to advancing its key objectives by implementing a range of activities, including community outreach, football tournaments, and the continued use of our hall for community engagement. 

## Expansion of Programs 

We aim to expand our programs to reach a broader audience by introducing new age groups, forming additional teams, and offering regular training sessions. The continuation of our Saturday Development Squad remains a key focus, along with hosting our annual tournament, which is now set to accommodate 160 teams and present both cup and shield awards. 

In line with our growth, we are developing an adult men’s team (16+), providing a structured pathway for youth players. Our long-term vision includes the introduction of a reserve and under-21 team to further strengthen player progression. Additionally, we continue to participate in the Watford Friendly League, offering both competitive and non-competitive football on Sundays. 

Following the success of our 4-day soccer camp in Easter 2024, we plan to expand this initiative to other periods throughout the year, offering more opportunities for both boys and girls to develop their skills and passion for football. 

## Facility Development 

Facility improvements are crucial for our long-term growth and sustainability. Recent upgrades include enhanced external lighting and improved signage to increase the visibility of the club. We have also expanded our storage facilities to accommodate our 7-a-side and 11-a-side goals. 

To support further development, we are in negotiations to secure a new lease, which will allow us to apply for funding for future enhancements, including improvements to our clubhouse, football pitches, and training facilities. Upgrading our equipment and providing better amenities for players, coaches, and spectators will be instrumental in improving the overall experience at our club. 

## Community Outreach 

We actively engage with the wider community through social media platforms such as Facebook, Instagram, and Twitter to increase awareness and involvement in our programs. To strengthen our outreach, we have welcomed two new committee members dedicated to promoting Enfield Rangers and securing external sponsorships. Their role includes fostering relationships with local businesses and organisations to enhance community support for the club. 

## Volunteer Recruitment and Training 

Volunteers are the backbone of our charity, and we remain committed to recruiting and training individuals to serve as coaches, mentors, administrators, and committee members. By investing in volunteer development, we can ensure the long-term sustainability and success of our programs. 

## Fundraising and Sponsorship 

To support our ongoing development and expansion, we implement various fundraising and sponsorship initiatives. Our regular fundraising activity, linked to a National Lottery-based initiative, remains a consistent source of income. We also seek corporate and local business sponsorships for team garments, with sponsors’ logos displayed on kits and banners within our 5-a-side training pitch. 

Page 4 



Docusign Envelope ID: C8A4F4AC-E659-4864-B27C-DA62AE60E618 

## Enfield Rangers Youth Football Club 

## Report of the Trustees 

## for the Year Ended 31 May 2024 

A highlight of our fundraising efforts was a highly successful sponsored 5K fun run, which saw significant participation from players, parents, and coaches. The event raised an impressive £3,200, which was used to purchase new metal goals, footballs, training equipment, and other essentials for the club. 

## Education and Development 

We place great emphasis on education and player development, encouraging young athletes to make their own decisions on the pitch while embracing mistakes as part of their learning process. Confidence-building is a key focus, and we foster friendships both on and off the field to create a positive footballing environment. 

Our older players play an active role in coaching our Saturday Development Squad, ensuring that younger players benefit from peer-led mentoring. To further support the growth of our young coaches, we are now planning coaching and referee courses to enhance their skills and sustain their involvement in the sport. 

A testament to our commitment to youth development, one of our young coaches has been nominated for Young Volunteer of the Year at the prestigious Middlesex FA Annual Awards, an achievement we are extremely proud of. 

## Collaboration and Networking 

We actively collaborate with other youth football organisations, sports clubs, and community groups to share resources and best practices. As members of Enfield Sport, we participate in regional meetings with other clubs in our area, using this network to support our ongoing development and foster a sense of camaraderie within the wider sporting community. 

## Conclusion 

By implementing these future plans, our community grassroots youth football club charity will continue to offer valuable opportunities for youth engagement, development, and community building. Through program expansion, facility improvements, outreach initiatives, volunteer training, fundraising, education, and collaboration, we aim to make a lasting positive impact on young individuals in our 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. 

## **Risk management** 

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. 

## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number** 11036803 (England and Wales) 

## **Registered Charity number** 

1176785 

Page 5 



Docusign Envelope ID: C8A4F4AC-E659-4864-B27C-DA62AE60E618 

## Enfield Rangers Youth Football Club 

## Report of the Trustees 

for the Year Ended 31 May 2024 

## **Registered office** 

The Recreation Ground Cartehatch Lane Enfield Middlesex EN1 4LJ 

## **Trustees** 

J Campbell Director C R Rutter Driving Instructor 

## **Company Secretary** 

## **Independent Examiner** 

Eric Ashong (FCCA) Eric & Co Chartered Certified Accountants & Registered Auditors 87 Tylecroft Road London SW16 4BJ 

31 March 2025 Approved by order of the board of trustees on ............................................. and signed on its behalf by: 


.......................................................... C R Rutter - Trustee 

Page 6 



Docusign Envelope ID: C8A4F4AC-E659-4864-B27C-DA62AE60E618 

## 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 year ended 31 May 2024. 

## **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: 

1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or 

2. the accounts do not accord with those records; or 

3. 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 

4. 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 

Date: ............................................. 

Page 7 



Docusign Envelope ID: C8A4F4AC-E659-4864-B27C-DA62AE60E618 

## Enfield Rangers Youth Football Club 

Statement of Financial Activities for the Year Ended 31 May 2024 

|Notes<br>**INCOME AND ENDOWMENTS FROM**<br>Donations and legacies<br>Other trading activities<br>2<br>Investment income<br>3<br>**Total**<br>**EXPENDITURE ON**<br>Raising funds<br>**Charitable activities**<br>Club House and Football Pitches<br>Administration Costs<br>Football Related Costs<br>Depreciation of Fixed Asset<br>**Total**<br>**NET INCOME**<br>**RECONCILIATION OF FUNDS**<br>Total funds brought forward<br>**TOTAL FUNDS CARRIED FORWARD**|31.5.24<br>Unrestricted<br>fund<br>£<br>35,950<br>72,512<br>35,571<br>144,033<br>37,809<br>19,786<br>14,963<br>56,675<br>6,901<br>136,134<br>7,899<br>62,130<br>70,029|31.5.23<br>Total<br>funds<br>£<br>28,380<br>54,829<br>32,998|
|---|---|---|
|||116,207|
|||25,430<br>29,184<br>11,108<br>39,920<br>6,240|
|||111,882|
|||4,325<br>57,805|
|||62,130|



The notes form part of these financial statements 

Page 8 



Docusign Envelope ID: C8A4F4AC-E659-4864-B27C-DA62AE60E618 

## Enfield Rangers Youth Football Club 

## Balance Sheet 

## 31 May 2024 

|Notes<br>**FIXED ASSETS**<br>Tangible assets<br>7<br>**CURRENT ASSETS**<br>Stocks<br>8<br>Debtors<br>9<br>Cash at bank and in hand<br>**CREDITORS**<br>Amounts falling due within one year<br>10<br>**NET CURRENT ASSETS**<br>**TOTAL ASSETS LESS CURRENT**<br>**LIABILITIES**<br>**CREDITORS**<br>Amounts falling due after more than one<br>year<br>11<br>**NET ASSETS**<br>**FUNDS**<br>13<br>Unrestricted funds<br>**TOTAL FUNDS**|31.5.24<br>Unrestricted<br>fund<br>£<br>52,709<br>2,059<br>3,105<br>23,035<br>28,199<br>(6,564)<br>21,635<br>74,344<br>(4,315)<br>70,029<br>70,029<br>70,029|31.5.23<br>Total<br>funds<br>£<br>54,711<br>2,059<br>1,130<br>23,427<br>26,616<br>(10,589)<br>16,027<br>70,738<br>(8,608)<br>62,130<br>62,130<br>62,130|
|---|---|---|



The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024. 

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 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 

Page 9 

continued... 



Docusign Envelope ID: C8A4F4AC-E659-4864-B27C-DA62AE60E618 

## Enfield Rangers Youth Football Club 

Balance Sheet - continued 31 May 2024 

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 ............................................. and were signed on its behalf by: 

31 March 2025 


**----- Start of picture text -----**<br>
.............................................<br>**----- End of picture text -----**<br>


C R Rutter - Trustee 

The notes form part of these financial statements 

Page 10 



Docusign Envelope ID: C8A4F4AC-E659-4864-B27C-DA62AE60E618 

## Enfield Rangers Youth Football Club 

Notes to the Financial Statements for the Year Ended 31 May 2024 

## **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 apply to particular categories of income: 

Member Registration and Subscriptions is accrued and included in full in the Statement of Financial Activities. 

Rental Income is accrued and included in full in the Statement of Financial Activities. 

Cafe and Bar Takings is recorded and included in full in the Statement of Financial Activities when received. 

Voluntary Income is received through donations and gifts and included in full in the Statement of Financial Activities when received. 

Donated Services and Facilities are Included at their value to the charity where this can be quantified. However, 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. 

## **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. 

Page 11 

continued... 



Docusign Envelope ID: C8A4F4AC-E659-4864-B27C-DA62AE60E618 

## Enfield Rangers Youth Football Club 

Notes to the Financial Statements - continued for the Year Ended 31 May 2024 

## **1. ACCOUNTING POLICIES - continued** 

## **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. 

## **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<br>Shop income<br>Sponsorships<br>Contributions from members<br>**3.**<br>**INVESTMENT INCOME**<br>Rents received<br>Deposit account interest|31.5.24<br>£<br>20,514<br>51,080<br>708<br>210<br>72,512<br>31.5.24<br>£<br>35,535<br>36<br>35,571|31.5.23<br>£<br>14,042<br>37,861<br>2,446<br>480|
|---|---|---|
|||54,829|
|||31.5.23<br>£<br>32,974<br>24|
|||32,998|



## **4. NET INCOME/(EXPENDITURE)** 

Net income/(expenditure) is stated after charging/(crediting): 

||31.5.24|31.5.23|
|---|---|---|
||£|£|
|Depreciation - owned assets|8,873|6,240|
|Other operating leases|50|50|



Page 12 

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Docusign Envelope ID: C8A4F4AC-E659-4864-B27C-DA62AE60E618 

## Enfield Rangers Youth Football Club 

Notes to the Financial Statements - continued for the Year Ended 31 May 2024 

|**5.**<br>**TRUSTEES' REMUNERATION AND BENEFITS**<br>Trustees' fees<br>**Trustees' expenses**|31.5.24<br>£<br>13,200|31.5.23<br>£<br>18,750|
|---|---|---|
||||



There were no trustees' expenses paid for the year ended 31 May 2024 nor for the year ended 31 May 2023. 

|**6.**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**||
|---|---|---|
|||Unrestricte|
|||fund|
|||£|
||**INCOME AND ENDOWMENTS FROM**||
||Donations and legacies|28,380|
||Other trading activities|54,829|
||Investment income|32,998|
||**Total**|116,207|
||**EXPENDITURE ON**||
||Raising funds|25,430|
||**Charitable activities**||
||Club House and Football Pitches|29,184|
||Administration Costs|11,108|
||Football Related Costs|39,920|
||Depreciation of Fixed Asset|6,240|
||**Total**|111,882|
||**NET INCOME**|4,325|
||**RECONCILIATION OF FUNDS**||
||Total funds brought forward|57,805|
||**TOTAL FUNDS CARRIED**||
||**FORWARD**|62,130|



Page 13 

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Docusign Envelope ID: C8A4F4AC-E659-4864-B27C-DA62AE60E618 

## Enfield Rangers Youth Football Club 

Notes to the Financial Statements - continued for the Year Ended 31 May 2024 

## **7. TANGIBLE FIXED ASSETS** 

|Fixtures<br>Plant and<br>and<br>Computer<br>machinery<br>fittings<br>equipment<br>£<br>£<br>£<br>**COST**<br>At 1 June 2023<br>22,546<br>60,000<br>-<br>Additions<br>4,815<br>-<br>2,056<br>At 31 May 2024<br>27,361<br>60,000<br>2,056<br>**DEPRECIATION**<br>At 1 June 2023<br>15,835<br>12,000<br>-<br>Charge for year<br>4,359<br>4,000<br>514<br>At 31 May 2024<br>20,194<br>16,000<br>514<br>**NET BOOK VALUE**<br>At 31 May 2024<br>7,167<br>44,000<br>1,542<br>At 31 May 2023<br>6,711<br>48,000<br>-<br>**8.**<br>**STOCKS**<br>31.5.24<br>£<br>Stocks<br>2,059<br>**9.**<br>**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**<br>31.5.24<br>£<br>Other debtors<br>3,105|Totals<br>£<br>82,546<br>6,871|
|---|---|
||89,417|
||27,835<br>8,873|
||36,708|
||52,709|
||54,711|
||31.5.23<br>£<br>2,059<br>31.5.23<br>£<br>1,130|



Page 14 

continued... 



Docusign Envelope ID: C8A4F4AC-E659-4864-B27C-DA62AE60E618 

## Enfield Rangers Youth Football Club 

Notes to the Financial Statements - continued for the Year Ended 31 May 2024 

|**10.**<br>**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**<br>31.5.24<br>£<br>Bank loans and overdrafts (see note 12)<br>4,315<br>Trade creditors<br>(1)<br>Accrued expenses<br>2,250<br>6,564<br>**11.**<br>**CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR**<br>31.5.24<br>£<br>Bank loans (see note 12)<br>4,315<br>**12.**<br>**LOANS**<br>An analysis of the maturity of loans is given below:<br>31.5.24<br>£<br>Amounts falling due within one year on demand:<br>Bank loans<br>4,315<br>Amounts falling between one and two years:<br>Bank loans - 1-2 years<br>4,315<br>Amounts falling due between two and five years:<br>Bank loans - 2-5 years<br>-<br>**13.**<br>**MOVEMENT IN FUNDS**<br>Net<br>movement<br>At 1.6.23<br>in funds<br>£<br>£<br>**Unrestricted funds**<br>General fund<br>62,130<br>7,899<br>**TOTAL FUNDS**<br>62,130<br>7,899|31.5.23<br>£<br>4,090<br>4,999<br>1,500|
|---|---|
||10,589|
||31.5.23<br>£<br>8,608<br>31.5.23<br>£<br>4,090<br>4,304<br>4,304<br>At<br>31.5.24<br>£<br>70,029|
||70,029|



Page 15 

continued... 



Docusign Envelope ID: C8A4F4AC-E659-4864-B27C-DA62AE60E618 

## Enfield Rangers Youth Football Club 

Notes to the Financial Statements - continued for the Year Ended 31 May 2024 

## **13. MOVEMENT IN FUNDS - continued** 

Net movement in funds, included in the above are as follows: 

||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|144,033|(136,134)|7,899|
|**TOTAL FUNDS**|144,033|(136,134)|7,899|
|**Comparatives for movement in funds**||||
|||Net||
|||movement|At|
||At 1.6.22|in funds|31.5.23|
||£|£|£|
|**Unrestricted funds**||||
|General fund|57,805|4,325|62,130|
|**TOTAL FUNDS**|57,805|4,325|62,130|
|Comparative net movement in funds, included|in the above are as|follows:||
||Incoming|Resources|Movement|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|116,207|(111,882)|4,325|
|**TOTAL FUNDS**|116,207|(111,882)|4,325|
|A current year 12 months and prior year 12 months combined position is as follows:||||
|||Net||
|||movement|At|
||At 1.6.22|in funds|31.5.24|
||£|£|£|
|**Unrestricted funds**||||
|General fund|57,805|12,224|70,029|
|**TOTAL FUNDS**|57,805|12,224|70,029|



Page 16 

continued... 



Docusign Envelope ID: C8A4F4AC-E659-4864-B27C-DA62AE60E618 

## Enfield Rangers Youth Football Club 

Notes to the Financial Statements - continued for the Year Ended 31 May 2024 

## **13. MOVEMENT IN FUNDS - continued** 

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: 

|**Unrestricted funds**<br>General fund<br>**TOTAL FUNDS**|Incoming<br>resources<br>£<br>260,240<br>260,240|Resources<br>expended<br>£<br>(248,016)<br>(248,016)|Movement<br>in funds<br>£<br>12,224<br>12,224|
|---|---|---|---|



## **14. RELATED PARTY DISCLOSURES** 

For the year ended 31st May 2024, the following related party transactions took place: 

Craig Rutter, the Chairman, was paid £3,200 in 2024 for maintenance work, compared to £2,400 in 2023. Additionally, he received £4,800 in both 2024 and 2023 in committee fees. No expenses were recorded for 2024, whereas he received £250 in 2023. He was also reimbursed £262 for shop purchases in 2024. 

Jaime Rutter received £5,600 in 2024 and £4,900 in 2023 for cleaning contract services. Additionally, he was reimbursed £732 for shop purchases in 2024. 

John Campbell, a Director, was paid £5,600 for maintenance work in 2024, compared to £11,300 in 2023. 

James Campbell did not receive any payments for maintenance work in 2024, whereas he received £500 in 2023. 

The total related party expenditure for 2024 amounted to £23,694, compared to £24,150 in 2023. 

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