WIRRAL CLUB LIMITED ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 COMPANY NUMBER- 11092810 CHARITY NUMBER- 11n821 'ACC25AZD4 2PJ09J2023 COMPANIES HCXJSE
WIRRAL CLUB LIMITED CONTENTS OF THE FINANCIAL STATEMENTS Page Truslees. Report ststement of Trustees, Responsibilities Independent Examine¢$ Report ststement of Flnancial Activities Balance Sheet 10 Notes lo the Financial Statements Pa3e 2
WIRRAL CLUB LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st December 2022 The liustees are pSed to present their annual feport the year ended 31$1 December 2022. The financial 51alements compty th the Chaiities Act 2011. ¢panieS Act 2006. AuntIng and Reporting by Charities., Slalement of RecorNneThJed Practice applicable to charits preparing the acccMJnts in accordènce with the Financial Reporting Standard applicable in the UK aThJ Republ of Ireland IFRS102) issued in January 2022. OBJECTIVES AND ACTIVITIES The plincipal aims and objectives of the eharrty are '. To promote community participation in healthy recreatron by prowding facilities for the playing of rugby union football, ¢rickel and other sports. To provide and assist in providin9 facilities for sprt recreation or other leisure time occupation of such persons who have need of such facilities by reason of their yc4rth, age. infim)ity Lw d1sab1ennt. povety or Sla1 and economic circumstances or for the public * large in the interests of socral weware arml with the object of improving their conditsons of lrfe. To advance the education of children and young people through such means as the directors think fit in accofdance with the laws of the charity. Summary of maln activities lo achieve these obie¢ts Senior Rugby C¢)aching and training of senior rugby teams foi both mèn and ladies and the playtrg of matches in varityjs leagues. Youth Rugby Co8chirMJ and Irainng of age lated teams from age 13 to 18 and playing of matches and loumamenls. Mini Rugby Coaching and trainiThJ of age reed teams for boys and girls fr the ages of 5 10 12 * playirg of matches and loumament5. Senior Crrcket Coaching and training of senior men's cricket team$ and the playing of matches and loumamentS. Junior Cricket Coxhing and training of age related crithet teams and the playing of matches and loumaments. Other Sports The f&ilils are used on a ular basis by an archery club and senic and junior foolball teams. Page 3
WIRRAL CLUB LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st December 2022 Public Benefit The trustees continue to follow the Charrty Commissionerfs guidance on public benefiL The Wirral Club facililies a used on an annual basis by sevefal local charities and societies. ACHIEVEMENTS AND PERFORMANCE DLtring the year the Club has provided sporting fac1h1$ lo ly)th tts members and the WKler ccrfnmunty. The facilities and coaching provisim have enabled the dub to build on past successes and a number of improvements have been made lo the club's facilrties. The Trustees are Ihereftye 5ab"sfied the Club's perfornan¢e. FINANCIAL REVIEW Income for the year totalled Q31.452. including dmdend income of £55,1)00 Irom the club's IradiThJ subsidiary Wirral Club Trading Limited arNI a srtiC legw of £20.000 whrch is S'eCt to cets"n condrtions and has therelore been included as restricted funds. Expenditure the period totsll8d £186,779 leaving an unrestrKted surplus ot£44,673 and reslricled Surplus of £20,000. At 31st December 2022 the chariL3ble company's resen stcKrfJ at £409.394. The Club enjoyed a gocJ year in 2022 th strong sales IhroughouL S$ in the summer months continue lo be lower bul the Club is working intr0dLlng cycling duriThJ this penc*J. Membership remains strong within rugby. ar cricket are actwely working tr) bLxJst numbers. Touch rugby has been recently introduced and is pwng popular to draw past merthrs back into rugby albef( at a Slighlty sl¢)wer pace. Page 4
WIRRAL CLUB LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st December 2022 STRUCTURE, GOVERNANCE AND MANAGEMENT Governing Docum•nt rral Club Limited is a wistered Charity and company lirrnied by guarantee. It is govemed by its Memorandum and Articles of Association dated the 1st December 2017. Every member undertakes to eontribLrte to the a$sels of the ompany. in the event of being wound up vthilg he or she is a rrEmber. not exceedin9 £1. Membership is open to any indNidual organisation interested in w}10"ng the objects for which il was fom. Oryanisational SINC19 The trustees are also its directors. Directors are subject to retirement by rotalpJn every three years. Casual vacancies are filled as required in accordance wrth the ArtleS ofA$soc1Jn. Induetion and Training of Trustee4 Twslees are 8ppoinled on the basis of their **ility to brirrfj to the board a range of skills to assist in the governan¢e and development of the Charity. Chanty Cc¥nmission lilerature is given to all trustee5 on an Onoing basis lo as51St them to undeisWd their legal responsibtirties. candateS undwgo an indu¢tion process. Candidates are then voted on by the Charity's membern * Ihe annual general meets"ng. Risk Managem•nt The Board of twstees continues lo review the major risks to which the organisatK)n is exposed and systems have been established to minimise these risks. Inv•stment Policy The Trustees have the powerto arrarkge for 1nvestffnts or other property of the Charity to be hehj in the name of a nominee company acting under the of lh& Trustees or of a finCHI expert acting under tlleii instructions. and to pay any reasonable fee required. Reserlos Pollcy It Is the poli¢y of the charitable company to maintain unrestrided funds. which are fe reseNes at a level which wll allow the Charity to Cover its adivityés fw three months should no fvrther funding be received. At the end of the finanual year, nStriCted funds l0ts118d £389.394 of which £254,189 is represented by tangible fixed assets, leaving a surplus of free reserves of £135.205. The charitable company estimates three months running costs to be approximately £24.000. Page 5
WIRRAL CLUB LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st December 2022 REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity Nama al CIL Limrted Charity Registration Number 11092810 Company Registration Nurnber 1177821 Registered Office The Memorial grnd Thomton CunIn Road rral CH63 OLT The Trustees melan Caffol Sarah J(Mes Beverfey McKinney Samud O'connell John Phythvan Andrew Procler Gary Walters Ronald (resigned 19101f23} Mark Comford (appointed 19101123) Cornpany Secretary Melanie Carrol Independent Examln*r Stephen Chee By order of the John Phythian L I September 2023 Page 6
WIRRAL CLUB LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st December 2022 Company law requires the Directors to prepare ffinancial ststemenls for eath financial perK#J that give a true and fair view of the slate of affai of the company and its income and expenditu for that period. In preparing those financial statements, the Directors are required to.. select suitable acctyjnting policies and then apply them consistently.. makejud9ements and estimates that are rea$able and prudent.. prepare the financial staiements on a going concem basis unless it is inappropriate to presume that the company will continue as a going concem.. slate whether applicable accouniing standards have been followed, subj.ect to any material departure disdosed and exptained in the financial statements. The direclots are responsible for keeping proper accounting record5 whKh discbse with reasonable aUr3¢Y at any lime the financial position of Ihe eompany and to enab them to ensure that Ihe financial accounts comply wilh the Companie5 Act 20069. They a also SponSIb for safeguarding the assets of the company and hencg for taking reasonable steps for pre¥entKM and detection of fral and other irregulari(ies. Page 7
WIRRAL CLUB LIMITED INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF WIRRAL CLUB LIMITED I report on the accounts of the tharrtabfe company for the yew ended 31st December 2022, wthich are set QLrt on pajes 9 10 16. Respective responsibilities of trUtS and eyaminer The charity's Ifuslees {who are also the directofs of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consbyer that an audrt is not required for this year under section 144121 of the Charitie5 Acl 2011 {the 2011 Acl) * that independent examination is required. It is my SponSIbl11ty to '. examine the accounts under sertion 145 of the 2011 Att, follow the procedures laid down in the General Dirertions qiven by the Charity Commission (under section 1451511b) of the 2011 Act. and state whether particular matters have come to my attenkn"on. Basis of the independent examinerfs veport My examination was eatrd out in ac¢ortlan¢e with Genefal Direcb'ons gwen by the Charity Commission. An examination includes a review of the accounting records kept by the eharity and a comparison of the accounts presented wth those rerds. 11 also includes ¢onsKleration of any unusual rtems or discbsures in the accounts, and seeking explanations from you as Iruslees eoncerning any such matters. The prLKedures undertaken do not provkle all the evidence that would be required in an audrt, and consequentty no ¢2pin is gNen as lo whether the &counls present a 'lrue and fair vwi, and the report is limited to those malters set oul in the statement bel. Independent examinefs statement In connection vmth my examinat¢on. no matter has come lo my attention.. (11 whKh gives me reasonabfe cause to trAieve that in, any materral respect. the requirements to keep accounting records in accordance with section 386 of the Companies Act 2006., and to ppare accounts which accord vAth the accounting records and compty with the accounting requirements of Sect 3 of the Cc¥npanies Act 2006 and wth the methods and principles of the ststemenl of Recommended Practice.. A¢countsng and Reporting by Charrties have not been met," or {2} lo which, in my opinion. attention should be dravm in order to enable a proper underslanding of the accounts to be reached. Stephen Chee 10 Grange R¢)ad We$1 Kirby Wirral CH48 4HA 2 1 September 2023 Page 8
Chartty No Company No Wirral Club Limited 1177821 11092810 Statement of Financial Activities Including Income and Expenditure account 31st December 2022 Unrnstrieted Restri¢t•d nds 2022 funds 2022 Totsl funds 2022 2021 Ineome Income and •ndowm•nts from: Donalions and legacles Charitable acbvrties Investrnents Separate material itsm of irKome other IrKome 54,108 87.313 55.111 20.0(10 74.108 87.313 55,111 7 10.037 97.245 14,920 14.920 8.222 Total Expenditur• Expenditure on- Raising funds Charitable acbvrtj.ès Separate material èxpensè rtem Other 211,452 20,000 231,452 21 S.511 186,779 186,779 152,269 Total 186.779 186,779 152,269 Net incomell•xpendilurel before tax Tax payable 24,673 20.000 44.673 63,242 Net incomel(expenditurel Extraordinary items Oth•r recognised gainslllosse51= Gains and losses on *ats"on ol fixed assets Other gainslllosses) 24,fj73 2Q,000 44,673 63.242 Net movem•nt in funds 24.673 20.000 44.673 63.242 Re¢onciliation of funds- Total fund5 brought f<)Th¥ard Totsl funds carried lorward 364.721 364,721 301,479 389,394 20,000 409,394 364.721 Pe9
Charity No Cornpany No Wirral Club Limited 1177821 11092810 Balance Sheet as at 31st December 2022 2022 2021 As rtsl•ted FIXED ASSETS Tanglbk fixed a$sets 254,189 259.087 Inveslm•nt in Subsidiary CURRENT ASS5 Stock in Hand Debtors Ca$h ot bank •nd in hand 2,529 24.7 160.386 187.472 2.317 33.047 103.380 138.744 REDITORS Amounts falling within onè y•ar 11,450 10.349 NET CURRENT ASSETS 176.022 128.395 TOTAL ASSETS LESS CURRENT UA8IUTIES 430.212 387.483 CREDITORS Amounts fallin9 aft•r one y•ar 20,818 22,762 NET ASSErs 409,394 364.721 Unrostricted funds R•stricted Funds TOTAL FUNDS 389.394 20.000 409,394 364.721 364.721 These accounts h8¥e en Iho Fan(la1 Repytrng appltabfe in Ihe UK and Republic of Irel8t7d (FRS102J The company entitled to exempton Irofft audit Lvthr$47Toff Ihe C•n*sAci 2006 189 lo sm81 companies. The mgmbers hav8 notfyquirod Ihfj ctwwnylo obtam an audfftl ac0¥ wrfh 58dKWJ 476 oflhe CtryanS A¢1 3006. 8rtountMw records and 1h8prepafat of èccounts Signed on behaifof th• Board ofTrustees onzknptember 2023 Twu818• Trnstre Page 10
WIRRAL CLUB LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st December 2022 1. Limited Llability The Charity ts a rnpany limited by gLwantee. Exh memberfs liabilty 15 limited to £1. 2. Accounting policies Basis of accounting These accounts have been prepared undei the historical cosl convenb"r)n tmth item$ ognised al cost or transa¢tion value unless otherw5e ststed in the relevant note(sl to these a¢Munts. The finanoal statements have been prepared in accordance the Ststemenl Of Recommended Practice.. Accounts'ng and Reporting by Charities, in accordance wth the Finanoal Reporting Standard applicable in the UK and Republic of Ireland { FRS. issued on 16th Juty 2014" updated 2nd February 2017 and Ihe Chanties Act 2011 and Company Act 2006. Going ¢oncem The Trustees have reasonable eXpectatn that the company wiif be able to conb'nue in operation extstence for the frjoseeable fUre. Funds Accounting Llnre51ri¢ted fund$ are the chanvs free reserve$ a¥la?e for the trustees to distribLrte in accordance with the charitable company's charitable objeth"ves. Restricted funds are subjeci to specific restrictive conditions imposed by the donor. All restricted funds are ac¢ounled for as restricted income and expenditure and fcrf those purposes charged to Ihe fvnd. Income Recognition AJI income is recognised once the charty has efitement to the income, there is suffiaent certainty of ieGeipt and so it 1$ probable that the income wdl be received. armj the amount of incorne recivable can be meaSUd reliabty. Donations and legacies comprise of donalions and genefal grants whh are recognised in the accounts vthen received, wth the exception of knon legatses are accounted for en their receipt 15 Certain. date on %thch their condItiOnal payment is wnfirmed by Ihe donor. Income from investment relates to bank interest recEived 15 recognised vkn the amount is certain. Other income relates to Club rnercharKlise and is rec(¥Jnised twhen the amount is certain. Expenditure Recognition Liabilities are e0gniSed as soon as there is a legal or conslnjctive obligation MMitt9 the charitable company to that expenditure. rt is Probable that settlement wll be required and the amount of the obligation can be measured reliabty. Page 11
WIRRAL CLUB LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st December 2022 Cost of charitsblè activities relate to Ihe operab.on of the Charity comwi&ng of dwect tharitable exwditure to meet the objectives of the tharitsblé company. Support and g0veMan tsjsls rel81È to the m8nagemert and operab.on of the organi3xtion arKI also compliance wrth n$brUt and statutory requirerrents in producing the annual rewt. These are deah with in the Statement of FinanrAal Acbwbes when p8yment has been approved by thè tharilable compwy. Fixed Assets Captal expenditure is staled in the balance sheel at cDst less accurnulated deweciation. DepTeoation is provided to wiile off the cost of each asset over its expected usefijl life as bekm '. Leasehold Land 150 years from inceplion of bease in 1965 Leaseh¢Ad Land improv•menl$ and buldings and 10% straight li ba$ Office Equipment 20% stratht line baS Sports Equipment 10% straight line basis Incrme and gains arè exempt from taxatson as they are applied for charirablè pUoSe$ onty. The tharrtable company beneffts from vawi(>us èxempts.ons from taxab'on afforded by tsx *gi5ktion #nd is not liable to corporation tax on income or gains falling within those exempticffis. Page 12
WIRRAL CLUB LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st December 2022 Note 3 Income Analysis of Income unstrIcted R•strlet•d fvnds income funds Total fvnd$ Prlor yèar Donations and le Donations and gifts Legacies Sponsorship a¢ies 7.736 7.736 20.000 24.147 20.686 1.539 25,717 20,000 24,147 20.686 1,539 18.457 Gèneral grants Other 65.863 Total S4,108 20.000 74.108 110.037 Charitsbl• activitlés Pitch Hire Membership Fees Match Fee Income Fests'val Ineorne Match Day Fee Fundraising Social Events 28 51,407 1,240 52.483 1.441 52,483 1,441 1.238 16.347 15,804 87.313 1,238 16,347 15.804 87,313 1,512 37,848 5,210 97.245 Totsl Invèstments Bank Interest Receivable Dividend income Other 111 55.000 55.000 Tol41 55.111 55,111 Other income Bar Sales Merchandise Sales Miscellaneous Sales 14,920 14.920 8,222 Tolal 14,920 14.920 8.222 Other Gain M dis Gain on dis Olhei alofatan ible fixed asset al of an investsnent Total TOTAL INCOME 211.452 20,000 231.452 215.511 Page 13
WIRRAL CLUB LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st December 2022 Note 4 Expnditure Analysis of expenditurn I¥ IKom•fundg Tolal fund¥ Prl¢x y•ar Exp•nditure on charltablo acti¥_ Dwttt Matth Costs Coac9 Costs Travel & Tours EQpment Cost5 Fundraisin9 Costs Match Day Costs Spcrtsorship Costs Sooal Event c¢1$ Fesval Costs PlaqLS & Troph$ 26.8 13.047 4.302 5.895 26,18 13,047 4.302 5.895 15.271 7.112 3.077 6.147 3.150 385 529 9.163 15.373 821 1.565 80.813 529 9,163 15.373 821 1.565 80.813 2.764 5,823 545 1.088 45.362 Totsl Support-stsff Costs Stsff Cosis Payroll Agery Fees Totsl Support- Pr•fflis Costs Rent Waler Rale5 RefjJse Remoyal Pest Control Caniry Secunty Li9ht 8 Heat TV Licerte TV Sub5ffjptions Muc bc£nce Fees Telephone & 8roadband Propety Insurance NCSe Cosl Transfers 13.701 738 3.779 670 16.610 700 12.397 738 3.779 610 16.610 71)0 3.$84 159 5,136 358 2,551 6.517 634 4.163 157 3.033 159 5.136 358 1.286 2.614 12,513 21.138 2.565 13,224 35.5 13.224 35.560 Support- Govern•n¢e Cost8 Accounlaney Le941 Support. Ofvr ¢osts Grountl MaiTrlenaTh Firsl AHI Prinbn9 & Slationery Sundry Legal Fees Slaiulory Fees Repairs & Rer*wals Planning Fee Bart Charges Merthandise Purthase Exempl VAT 34.493 220 195 34.493 220 195 49.460 42 22 625 323 5.S40 626 625 323 323 3,660 5,540 626 607 5.015 3.201 44.443 71 5.015 3.201 44.443 2.971 61 589 Totsl Support- Doprecièlion 25.963 25.963 25.963 25.963 24.180 24.180 Totsl TOTAL EXPÉNDifuRE 186.T19 166.779 152269 P•Je 14
WIRRAL CLUB LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st December 2022 Not• 4 Staff Costs & Employ••s 2022 2021 Salaries and wages Social security costs Pension costs Total No employees received emF4oyee beffts for the Teporbng WKKI ol nKffe than £60,¢)00 Nots 4 Aver•g• h•ad Count In the year Chaiitable Activities DirectOf5 2022 2D21 Total 10.0 Note 4 TTUSt¢es' Rgmuneratign and Benefits There were no trustees. Muneration or other tenefits for the period erNJBd 31st Decembei 2022 {2021 Nil I Not* 4 Trust¢•s' Expensès There were no trustees. eXpenS for the Per ended 31st December 2022 (2021 Nil } Note 5 Tangible Fix•d Asséts Leasehold Land & Buildings Clubhouse Equipmènt Sports Equipment Total Cost or Valuatron At 1 January 2022 Addilions Disposals At 31 December 2022 465.614 20.165 2.291 1.485 469,390 20,165 485,779 2.291 1.485 489,SSS D¢pr•clation At 1 January 2022 Charge for year At 31 December 2022 208.852 24.512 233.364 356 356 712 1,095 195 1.290 210,303 25.063 235.366 Net Book Value Al 31 December 2022 252.415 1.579 195 254.189 At 31 Dember 2021 256,762 1.935 390 259,087 Page 15
WIRRAL CLUB LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st December 2022 Notes contlnued Debtors 2022 2021 Trade debtors Taxation Prepaymènts and ac¢rued incon Oue from Subsidiary 758 6,300 17,499 24.557 1,323 17.746 13,978 33.¢)47 7 CrndStors . amowt falllng due within one year As r•statsd 2021 2022 Trade creditors Loan Deferret1 Income Taxathon and swal security 8,858 2,592 7,757 2,592 Total 11,450 10,349 Y Crèdltors . amount lalllng after one year As restated 2031 2022 Loans 20.818 20.818 22,762 22,762 8 Movemmt In Funds Balance at 1 January 2022 Balan¢• al 31 Dec I1)me Expenses 2022 Unr•stri¢tsd Fund$ 364,721 211.452 186,779 389.394 Restr•ctgd Funds 20,000 20.000 Total Funds 364,721 231,452 186.779 409,394 9 Capitsl Commitmènts The company had no capitsl wnmitments at 31 tkceml>er2022 either contraded for auihorised by the directors bui not contracted for. Limit by Guarant¢• Every member promises. if the Charity 15 dissolved vknile he or she remains a member. to pay £1 towards the ¢osts of dis$oJution and the liabilities incurred by the Chanty while he or she wa$ a memtér. Page 16