| Page | |||
|---|---|---|---|
| Trustees report |
1-2 | ||
| Independent examiner's |
report | ||
| Statement offinancial |
activities | ||
| Balance sheet | 5-6 | ||
| Notes to the financial | statements | 8-16 |
| The Trustees who served | during | the year and up to the date of | signature ofthe financial statements |
were: |
|---|---|---|---|---|
| Mr BBrown | (Appointed | 10 March 2022) | ||
| Mr M Seabrook | (Appointed | 21 July 2021) | ||
| Ms JA Barnett | ||||
| Ms C Issacs | (Appointed | 10 March 2022) | ||
| Mr C Craske | (Appointed | 21 July 2021) | ||
| Mr C Cope | (Resigned | 1 July 2022) | ||
| Ms E Hyland | (Resigned | 7 February 2023) | ||
| Mr J DA England | (Appointed | 4 April 2023) | ||
| Mr BAdebola | (Appointed | 11 January 2023) | ||
| Mr J Rohel | (Appointed | 1 January 2023) |
| Unrestricted | Unrestricted | Unrestricted | ||||
|---|---|---|---|---|---|---|
| funds | funds | |||||
| 2022 | 2021 | |||||
| Notes | ||||||
| Income from: | ||||||
| Donations and |
legacies | 541,245 | 178,100 | |||
| Charitable activities |
94,241 | 6,701 | ||||
| Investments | 1,300 | |||||
| Total income | 636,786 | 184,801 | ||||
| Ex enditure on: |
||||||
| Charitable activities |
696,907 | 30,700 | ||||
| Other | 10 | 10,000 | ||||
| Total expenditure | 706,907 | 30,700 | ||||
| Net (expenditure)/income | for the year/ | |||||
| Net movement | in funds | (70,121) | 154,101 | |||
| Fund balances | at 1 July 2021 | 159,973 | 5,872 | |||
| Fund balances | at 30June 2022 | 89,852 | 159,973 |
| 2022 | 2021 | |||||||
|---|---|---|---|---|---|---|---|---|
| Notes | ||||||||
| Fixed assets | ||||||||
| Goodwill | 11 | 166,500 | ||||||
| Tangible assets | 12 | 15,949 | ||||||
| Current assets | ||||||||
| Debtors | 13 | 117,822 | ||||||
| Cash at bank and | in | hand | 34,601 | 159,973 | ||||
| 152,423 | 159,973 | |||||||
| Creditors: amounts | falling due within | |||||||
| one year | 15 | (125,020) | ||||||
| Net current assets | 27,403 | 159,973 | ||||||
| Total assets less | current | liabilities | 209,852 | 159,973 | ||||
| Creditors: amounts | falling due after | |||||||
| more than one year | 16 | (120,000) | ||||||
| Net assets | 89,852 | 159,973 | ||||||
| Income funds | ||||||||
| Unrestricted funds |
89,852 | 159,973 | ||||||
| 89,852 | 159,973 |
| 2022 | 2021 | |||||||
|---|---|---|---|---|---|---|---|---|
| Notes | ||||||||
| Cash flows from operating | activities | |||||||
| Cash (absorbed by)/generated |
from | 18 | ||||||
| operations | (86,673) | |||||||
| Investing | activities | |||||||
| Purchase | of intangible assets |
(180,000) | ||||||
| Purchase | oftangible fixed assets |
(20,000) | ||||||
| Investment | income received | 1,300 | ||||||
| Net cash | used in investing | activities | (198,700) | |||||
| Financing | activities | |||||||
| Repayment | ofloans | 160,000 | ||||||
| Net cash generated from/(used |
in) | |||||||
| financing | activities | 160,000 | ||||||
| Net (decrease)/increase in |
cash | and | cash | |||||
| equivalents | (125,373) | |||||||
| Cash and | cash equivalents | at beginning | ofyear | 159,973 | ||||
| Cash and | cash equivalents | at end of | year | 34,601 |
| 2022 | 2021 | ||
|---|---|---|---|
| Football Activities | 88,515 | 6,701 | |
| Matchday | support | 5,726 | |
| 94,241 | 6,701 |
| Unrestricted | Unrestricted | ||
|---|---|---|---|
| funds | funds | ||
| 2022 | 2021 | ||
| Interest | receivable | 1,300 |
| 2022 | 2021f | |||
|---|---|---|---|---|
| Wages and national | insurance | 108,867 | ||
| Depreciation and impairment |
17,550 | |||
| Football and coaching services | 69,560 | |||
| Bank charges | 5,353 | |||
| Youth and junior costs | 20,136 | |||
| Sundry expenses | 16,420 | 30,000 | ||
| Football kit |
83,942 | 700 | ||
| Football league fees | 12,593 | |||
| Venue and pitch hire | 241,607 | |||
| Executive box costs | 12,000 | |||
| Advertising | 27,000 | |||
| Travel costs | 10,134 | |||
| Food expenses | 1,355 | |||
| Intellectual property |
costs | 22,500 | ||
| Professional fees |
22,879 | |||
| Football trophies | 11,717 | |||
| 683,613 | 30,700 | |||
| Share ofgovernance | costs (see note 7) | 13,294 | ||
| 696,907 | 30,700 | |||
| 7 | Support costs | |||
| Governance | 2022 | |||
| costsf | ||||
| Accountancy | 13,294 | 13,294 | ||
| 13,294 | 13,294 | |||
| Analysed between |
||||
| Charitable activities |
13,294 | 13,294 |
| 2022 | 2021 | |
|---|---|---|
| Number | Number | |
| Employees | ||
| Employment costs |
2022 | 2021 |
| Wages and salaries | 106,138 | |
| Social security costs | 1,689 | |
| Other pension costs | 1,040 | |
| 108,867 |
| Unrestricted | Total | ||
|---|---|---|---|
| funds | |||
| E | |||
| 2022 | 2021 | ||
| Other | expenditure | 10,000 |
| Intangible fixed asse |
ts | |
|---|---|---|
| Goodwill | ||
| Cost | ||
| At 1 July 2021 | ||
| Additions - separately | acquired | 180,000 |
| At 30June 2022 | 180,000 | |
| Amortisation and impairment |
||
| At 1 July 2021 | ||
| Amortisation charged |
for the year | 13,500 |
| At 30June 2022 | 13,500 | |
| Carrying amount |
||
| At 30June 2022 | 166,500 | |
| At 30June 2021 |
| 12 | Tangible fixe | d assets | ||||
|---|---|---|---|---|---|---|
| Fixtures and Motor vehicles | Total | |||||
| fittings | ||||||
| Cost | ||||||
| Additions | 5,000 | 15,000 | 20,000 | |||
| At 30June 2022 | 5,000 | 15,000 | 20,000 | |||
| Depreciation | and impairment | |||||
| Depreciation | charged | in the year | 1,238 | 2,813 | 4,051 | |
| At 30June 2022 | 1,238 | 2,813 | 4,051 | |||
| Carrying amount |
||||||
| At 30June 2022 | 3,762 | 12,187 | 15,949 | |||
| 13 | Debtors | |||||
| 2022 | 2021 | |||||
| Amounts falling due |
within one year: | |||||
| Trade debtors | 2,752 | |||||
| Other debtors | 115,070 | |||||
| 117,822 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| Loans | 160,000 | |||
| Payable | within | one year | 40,000 | |
| Payable | after | one year | 120,000 |
| 15 | Creditors: am | ounts | falling due within one year | |||
|---|---|---|---|---|---|---|
| Notes | 2022 | 2021f | ||||
| Loans | 14 | 40,000 | ||||
| Other taxation | and social security | 1,768 | ||||
| Trade creditors | 78,644 | |||||
| Other creditors | 308 | |||||
| Accruals and deferred | income | 4,300 | ||||
| 125,020 | ||||||
| 16 | Creditors: amounts | falling due after more than one year | ||||
| 2022 | 2021 | |||||
| Notes | F | |||||
| Loans | 14 | 120,000 |
| 18 | Cash generated from |
operations | operations | operations | 2022 | 2021 | |||
|---|---|---|---|---|---|---|---|---|---|
| (Deficit)/surpus for the |
year | (70,121) | 154,101 | ||||||
| Adjustments for: |
|||||||||
| Investment income recognised |
in statement | offinancial | activities | (1,300) | |||||
| Depreciation and impairment |
oftangible | fixed assets | 17,550 | ||||||
| Movements in working |
capital: | ||||||||
| (Increase) in debtors |
(117,822) | ||||||||
| Increase in creditors |
85,020 | ||||||||
| Cash (absorbed by)/generated |
from | operations | (86,673) | 154,101 |