## **WIRRAL CLUB LIMITED**
**ANNUAL REPORT AND FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 31 DECEMBER 2023**
**COMPANY NUMBER - 11092810 CHARITY NUMBER - 1177821**
**WIRRAL CLUB LIMITED CONTENTS OF THE FINANCIAL STATEMENTS**
||**Page**|
|---|---|
|**Trustees' Report**|**3 - 6**|
|**Statement of Trustee's Responsibilities**|**7**|
|**Independent Examiner's Report**|**8**|
|**Statement of Financial Activities**|**9**|
|**Balance Sheet**|**10**|
|**Notes to the Financial Statements**|**11 - 16**|
Page 2
## **WIRRAL CLUB LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st December 2023**
The trustees are pleased to present their annual report for the year ended 31st December 2023.
The financial statements comply with the Charities Act 2011,Companies Act 2006,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 (FRS102) issued on 14th March 2013 ; revised 11th September 2024.
## **OBJECTIVES AND ACTIVITIES**
The principal aims and objectives of the Charity are :
- ⏺ To promote community participation in healthy recreation by providing facilities for the playing of rugby union football, cricket and other sports.
- ⏺ To provide and assist in providing facilities for sport, recreation or other leisure time occupation of such persons who have need of such facilities by reason of their youth, age, infirmity or disablement, poverty or social and economic circumstances or for the public at large in the interests of social welfare and with the object of improving their conditions of life.
- ⏺ To advance the education of children and young people through such means as the directors think fit in accordance with the laws of the Charity.
## **Summary of main activities to achieve these objects**
Senior Rugby
Coaching and training of senior rugby teams for both men and ladies and the playing of matches in various leagues.
Youth Rugby Coaching and training of age related teams from age 13 to 18 and playing of matches and tournaments
Mini Rugby Coaching and training of age related teams for boys and girls from the ages of 5 to 12 and playing of matches and tournaments.
Senior Cricket Coaching and training of senior men's cricket teams and the playing of matches and tournaments
Junior Cricket Coaching and training of age related cricket teams and the playing of matches and tournaments
Other Sports The facilities are used on a regular basis by an archery club and senior and junior football teams.
Page 3
**NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st December 2023**
## **WIRRAL CLUB LIMITED**
## **Public Benefit**
The trustees continue to follow the Charity Commissioner's guidance on public benefit. The Wirral Club facilities
are used on an annual basis by several local charities and societies.
## **ACHIEVEMENTS AND PERFORMANCE**
During the year the Club has provided sporting facilities to both its members and the wider community. The facilities
and coaching provision have enabled the club to build on its past successes and a number of improvements have
been made to the club's facilities. The Trustees are therefore satisfied with the Club's performance.
## **FINANCIAL REVIEW**
Income for the year totalled £192,397, including dividend income of £35,000 from the club's trading subsidiary Wirral Club Trading Limited.
Expenditure in the period totalled £220,872 leaving an unrestricted deficit for the year of £28,475. Excluding the depreciation charge of £29,787 the surplus was £1,312.
At 31st December 2023 the charitable company's reserves stood at £380,919.
The Club enjoyed a good year in 2023 with strong sales throughout. Sales in the summer months continue
to be a challenge however TEC cycling on a Tuesday has helped to boost midweek sales. Operating costs particularly cleaning and electricity have significantly increased in 2023.
Cricket continue to work at boosting numbers and it is hoped the new training nets will bolster player numbers.
Touch Rugby continues to attract past members back into rugby and is providing valuable social sport.
Page 4
**NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st December 2023**
## **WIRRAL CLUB LIMITED**
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing Document**
Wirral Club Limited is a registered Charity and company limited by guarantee. It is governed by its memorandum and articles of association dated the 1st December 2017. Every member undertakes to contribute to the assets of the company, in the event of being wound up while he or she is a member , not exceeding £1
Membership is open to any individual or organisation interested in promoting the objects for which it was formed.
## **Organisational Structure**
The trustees are also its directors. Directors are subject to retirement by rotation every three years. Casual vacancies are filled as required in accordance with the Articles of Association.
## **Induction and Training of Trustees**
Trustees are appointed on the basis of their ability to bring to the board a range of skills to assist in the governance and development of the Charity. Charity Commission literature is given to all trustees on an on-going basis to assist them to understand their legal responsibilities. Candidates undergo an induction process. Candidates are then voted on by the Charity's members at the annual general meeting.
## **Risk Management**
The Board of trustees continues to review the major risks to which the organisation is exposed and systems have been established to minimise these risks.
## **Investment Policy**
The Trustees have the power to arrange for investments or other property of the Charity to be held in the name of a nominee company acting under the control of the Trustees or of a financial expert acting under their instructions, and to pay any reasonable fee required.
## **Reserves Policy**
It is the policy of the charitable company to maintain unrestricted funds, which are free reserves at a level which will allow the Charity to cover its activities for three months should no further funding be received. At the end of the financial year, unrestricted funds totalled £360,919 of which £287,061 is represented by tangible fixed assets, leaving a surplus of free reserves of £73,858. The charitable company estimates three months running costs to be approximately £26,000.
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## **WIRRAL CLUB LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st December 2023**
## **REFERENCE AND ADMINISTRATIVE DETAILS**
**Registered Charity Name** Wirral Club Limited **Charity Registration Number** 11092810 **Company Registration Number** 1177821 **Registered Office** The Memorial ground Thornton Common Road Wirral Merseyside CH63 0LT
**The Trustees** Melanie Carrol Sarah Jones - ceased 03/09/24 Beverley McKinney Samuel O'Connell John Phythian Andrew Procter Graeme Roberts - ceased 30/04/24 Gary Walters Ronald Wilson - ceased 19/01/23 Mark Cornford - appointed 19/01/23, ceased 08/10/24 **Company Secretary** Melanie Carrol **Independent Examiner** Stephen Chee By order of the Board John Phythian
23 NOVEMBER 2024
Page 6
**NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st December 2023**
## **WIRRAL CLUB LIMITED**
Company law requires the Directors to prepare financial statements for each financial period that give a true and fair view of the state of affairs of the company and it's income and expenditure for that period. In preparing those financial statements, the Directors are required to :
- ⏺ select suitable accounting policies and then apply them consistently ;
- ⏺ make judgements and estimates that are reasonable and prudent ;
- ⏺ prepare the financial statements on a going concern basis unless it is inappropriate
- to presume that the company will continue as a going concern ;
- ⏺ state whether applicable accounting standards have been followed, subject to any material
- departure disclosed and explained in the financial statements.
The directors are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the company and to enable them to ensure that the financial accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for prevention and detection of fraud and other irregularities.
Page 7
## **WIRRAL CLUB LIMITED**
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF WIRRAL CLUB LIMITED**
I report on the accounts of the charitable company for the year ended 31st December 2023, which are set out on pages 9 to 16.
## **Respective responsibilities of trustees and examiner**
The charity's trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is required.
It is my responsibility to :
- ⏺ examine the accounts under section 145 of the 2011 Act,
- ⏺ follow the procedures laid down in the General Directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act, and
- ⏺ state whether particular matters have come to my attention.
## **Basis of the independent examiner's report**
My examination was carried out in accordance with General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair view' and the report is limited to those matters set out in the statement below.
## **Independent examiner's statement**
In connection with my examination, no matter has come to my attention:
- (1) which gives me reasonable cause to believe that in, any material respect, the requirements
- ⏺ to keep accounting records in accordance with section 386 of the Companies Act 2006; and
- ⏺ to prepare accounts which accord with the accounting records and comply with the accounting
- requirements of section 396 of the Companies Act 2006 and with the methods and principles of the
Statement of Recommended Practice: Accounting and Reporting by Charities have not been met; or (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Stephen Chee
10 Grange Road
West Kirby
Wirral CH48 4HA 23 NOVEMBER 2024
Page 8
**----- Start of picture text -----**
Charity No 1177821
Wirral Club Limited
Company No 11092810
Statement of Financial Activities
Including Income and Expenditure account 31st December 2023
Unrestricted Restricted Total funds
2022
funds 2023 funds 2023 2023
£ £ £ £
Income
Income and endowments from:
Donations and legacies 3 53,677 - 53,677 74,108
Charitable activities 3 88,915 - 88,915 87,313
Investments 3 35,644 - 35,644 55,111
- - - -
Separate material item of income
Other Income 3 14,161 - 14,161 14,920
Total 192,397 - 192,397 231,452
Expenditure
Expenditure on:
- - - -
Raising funds
Charitable activities 4 220,872 - 220,872 186,779
Separate material expense item
Other - - - -
Total 220,872 - 220,872 186,779
-
Net income/(expenditure) before tax (28,475) (28,475) 44,673
- - - -
Tax payable
-
Net income/(expenditure) (28,475) (28,475) 44,673
- - -
Extraordinary items
Other recognised gains/(losses):
Gains and losses on revaluation of fixed assets - - - -
Other gains/(losses) - - - -
Net movement in funds (28,475) - (28,475) 44,673
Reconciliation of funds:
Total funds brought forward 389,394 20,000 409,394 364,721
Total funds carried forward 360,919 20,000 380,919 409,394
**----- End of picture text -----**
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**----- Start of picture text -----**
Charity No 1177821
Wirral Club Limited
Company No 11092810
Balance Sheet as at 31st December 2023
2023 2022
£ £ £ £
FIXED ASSETS
Tangible fixed assets 5 287,061 254,189
Investment in Subsidiary 1 1
CURRENT ASSETS
Stock in Hand 3,678 2,529
Debtors 6 31,585 24,557
Cash at bank and in hand 115,574 160,386
150,837 187,472
CREDITORS
Amounts falling due within one year 7 27,402 11,450
NET CURRENT ASSETS 123,435 176,022
TOTAL ASSETS LESS CURRENT LIABILITIES 410,497 430,212
CREDITORS
Amounts falling due after one year 29,578 20,818
NET ASSETS 380,919 409,394
Unrestricted funds 360,919 389,394
Restricted Funds 20,000 20,000
TOTAL FUNDS 380,919 409,394
**----- End of picture text -----**
_These accounts have been prepared in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102)_
_The company was entitled to exemption from audit under s477 of the Companies Act 2006 relating to small companies._
_The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006._
_The directors acknowledge their responsibilities for complying with the requirements of the Companies Act with respect to accounting records and the preparation of accounts._
Signed on behalf of the Board of Trustees on 23 NOVEMBER 2024
…...............................................................
**John Phythian**
## **Trustee**
Page 9
**WIRRAL CLUB LIMITED**
**NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st December 2023**
## **1. Limited Liability**
The charity is a company limited by guarantee. Each member's liability is limited to £1.
## **2. Accounting policies**
## **Basis of accounting**
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The financial statements have been prepared in accordance with the Statement Of recommended Practice: Accounting and Reporting by charities, in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland ( FRS102) issued on 14th March 2013; revised 11th September 2024 and the Charities Act 2011 and Company Act 2006.
## **Going concern**
The Trustees have reasonable expectation that the company will be able to continue in operational existence for the foreseeable future.
## **Funds Accounting**
Unrestricted fund's are the charity's free reserves available for the trustees to distribute in accordance with the charitable company's charitable objectives.
Restricted funds are subject to specific restrictive conditions imposed by the donor. All restricted funds are accounted for as restricted income and expenditure and for those purposes charged to the fund.
## **Income Recognition**
All income is recognised once the charity has entitlement to the income, there is sufficient certainty of receipt and so it is probable that the income will be received, and the amount of income receivable can be measured reliably.
Donations and legacies comprise of donations and general grants which are recognised in the accounts when received, with the exception of known legacies which are accounted for when their receipt is certain.
Income from charitable activities is recognised on an accruals basis. Grants receivable are recognised on the date on which their unconditional payment is confirmed by the donor.
Income from investment relates to bank interest received and is recognised when the amount is certain.
## **Other income relates to Club merchandise and is recognised when the amount is certain.**
## **Expenditure Recognition**
Liabilities are recognised as soon as there is a legal or constructive obligation committing the charitable company to that expenditure, it is probable that settlement will be required and the amount of the obligation can be measured reliably.
Page 11
## **WIRRAL CLUB LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st December 2023**
Cost of charitable activities relate to the operation of the charity comprising of direct charitable expenditure to meet the objectives of the charitable company. Support and governance costs relate to the management and operation of the organisation and also compliance with constitutional and statutory requirements in producing the annual report. These are dealt with in the Statement of Financial Activities when payment has been approved by the charitable company.
## **Fixed Assets**
Capital expenditure is stated in the balance sheet at cost less accumulated depreciation. Depreciation is provided to write off the cost of each asset over it's expected useful life as below :
|Leasehold Land|150 years from inception of lease in 1965|
|---|---|
|Leasehold Land improvements||
|and buildings|2% and 10% straight line basis|
|Office Equipment|20% straight line basis|
|Sports Equipment|10% straight line basis|
Income and gains are exempt from taxation as they are applied for charitable purposes only. The charitable company benefits from various exemptions from taxation afforded by tax legislation and is not liable to corporation tax on income or gains falling within those exemptions.
Page 12
## **WIRRAL CLUB LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st December 2023**
## **Note 3 Income**
**----- Start of picture text -----**
Unrestricted Restricted
Analysis of income funds income funds Total funds Prior year
£ £ £ £
Donations and legacies
Donations and gifts 4,691 - 4,691 7,736
Legacies - - - 20,000
Sponsorship 36,227 - 36,227 24,147
Gift Aid 9,361 - 9,361 20,686
General grants 3,398 - 3,398 1,539
Other - - -
Total 53,677 - 53,677 74,108
Charitable activities
Pitch Hire 2,010 - 2,010 -
Membership Fees 55,102 - 55,102 52,483
Match Fee Income 4,454 - 4,454 1,441
Festival Income 871 - 871 -
Match Day Programs 2,598 - 2,598 1,238
Fundraising 16,858 - 16,858 16,347
Social Events 7,022 - 7,022 15,804
Total 88,915 - 88,915 87,313
Investments
Bank Interest Receivable 644 - 644 111
Dividend income 35,000 - 35,000 55,000
Other - - - -
Total 35,644 - 35,644 55,111
Other income
Bar Sales - - - -
Merchandise Sales 14,161 - 14,161 14,920
Miscellaneous Sales - - - -
- - - -
Total 14,161 - 14,161 14,920
Other
Gain on disposal of a tangible fixed asset - - - -
Gain on disposal of an investment - - - -
Other - - - -
Total - - - -
TOTAL INCOME 192,397 - 192,397 231,452
**----- End of picture text -----**
Page 13
## **WIRRAL CLUB LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st December 2023**
## **Note 4 Expenditure**
**----- Start of picture text -----**
Unrestricted Restricted
Analysis of expenditure funds income funds Total funds Prior year
£ £ £ £
Expenditure on charitable activities - Direct
Match Costs 32,587 - 32,587 26,068
Coaching Costs 8,920 - 8,920 13,047
Travel & Tours 9,113 - 9,113 4,302
Equipment Costs 10,515 - 10,515 5,895
Fundraising Costs 4,084 - 4,084 4,050
Match Day Program Costs 1,070 - 1,070 529
Sponsorship Costs 9,797 - 9,797 9,163
Social Event Costs 7,168 - 7,168 15,373
Festival Costs 3,419 - 3,419 821
Plaques & Trophies 2,034 - 2,034 1,565
Total 88,707 - 88,707 80,813
Support - Staff Costs
Staff Costs - - - -
Payroll Agency Fees - - - -
Total - - - -
Support - Premises Costs
Rent 17,076 - 17,076 13,701
Water Rates 282 - 282 738
Refuse Removal 4,141 - 4,141 3,779
Pest Control 389 - 389 610
Cleaning 20,567 - 20,567 16,610
Security 1,075 - 1,075 700
Light & Heat 7,545 - 7,545 3,584
TV Licence 159 - 159 159
TV Subscriptions 5,495 - 5,495 5,136
Music Licence Fees 395 - 395 358
Equipment Hire 892 - 892 -
Telephone & Broadband 976 - 976 844
Property Insurance 3,025 - 3,025 2,565
House Cost Transfers (14,505) - (14,505) (13,224)
Total 47,512 - 47,512 35,560
Support - Governance Costs
Accountancy - - - -
Legal - - - -
Total - - - -
Support - Other Costs
Ground Maintenance 30,000 - 30,000 34,493
First Aid - - - 220
Printing & Stationery 208 - 208 195
Legal & Professional Fees 775 - 775 625
Statutory Fees 396 - 396 323
Repairs & Renewals 6,633 - 6,633 5,540
Planning Fee 977 - 977 626
Bank Charges 972 - 972 607
Bad Debts 236 - 236 -
Merchandise Purchases 14,669 - 14,669 5,015
Exempt VAT - - - 3,201
Total 54,866 - 54,866 44,443
Support - Depreciation
29,787 - 29,787 25,963
Total 29,787 - 29,787 25,963
TOTAL EXPENDITURE 220,872 - 220,872 186,779
**----- End of picture text -----**
Page 14
## **WIRRAL CLUB LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st December 2023**
|**Note 4 Staff Costs & Employees**
Salaries and wages
Social security costs
Pension costs
**Total**
**Note 4 Average head count in the year**
Charitable Activities
Directors
**Total**
No employees received employee benefits for the reporting period of more than £60,000|**2023**
**2022**
**£**
**£**
- -
- -
- -|
|---|---|
||- -|
||**2023**
**2022**
0.0
0.0
9.0
9.0|
||9.0
9.0|
## **Note 4 Trustees Remuneration and Benefits**
There were no trustees remuneration or other benefits for the period ended 31st December 2023 (2022 Nil )
## **Note 4 Trustees Expenses**
There were no trustees expenses for the period ended 31st December 2023 (2022 Nil )
## **Note 5 Tangible Fixed Assets**
|At 1 January 2023
Additions
Disposals
At 31 December 2023
At 1 January 2023
Charge for year
At 31 December 2023
At 31 December 2023
At 31 December 2022
**Net Book Value**
**Depreciation**
**Cost or Valuation**|**Leasehold**
**Land &**
**Buildings**
**Clubhouse**
**Equipment**
**Sports**
**Equipment**
**Total**
**£**
**£**
**£**
**£**
485,779 2,291 1,485
489,555
17,521 3,499 41,639
62,659
- - -
-|
|---|---|
||503,300 5,790 43,124 552,214|
||233,364 712 1,290 235,366
27,160 877 1,750 29,787|
||260,524 1,589 3,040 265,153|
|||
||242,776 4,201 40,084
287,061|
|||
||252,415 1,579 195
254,189|
Page 15
## **WIRRAL CLUB LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st December 2023**
## **Notes continued**
## **6 Debtors**
|Taxation
**Total**
Trade creditors
Loans
Deferred Income
Taxation and social security
**Total**
Loans
**Unrestricted Funds**
**Restricted Funds**
**Total Funds**
**8 Movement in Funds**
**7 Creditors : amount falling due after one year**
**7 Creditors : amount falling due within one year**
Trade debtors
Prepayments and accrued income
Due from subsidiary|**Balance at 1**
**January**
**Income**
**2023**
**£**
**£**
389,394
192,397
20,000 -|**2023**
**2022**
**£**
**£**
- -
2,710 758
10,062 6,300
18,813 17,499|
|---|---|---|
|||31,585 24,557|
|||**2023**
**2022**
**£**
**£**
21,810 8,858
5,592 2,592
- -
- -|
|||27,402 11,450|
|||**2023**
**2022**
**£**
**£**
29,578 20,818|
|||29,578 20,818|
|||**Expenses**
**Balance at 31**
**Dec**
**2023**
**£**
**£**
220,872
360,919
- 20,000|
||409,394 192,397|220,872 380,919|
## **9 Capital Commitments**
The company had no capital commitments at 31 December 2023 either contracted for or authorised by the directors but not contracted for.
## **Limited by Guarantee**
Every member promises, if the Charity is dissolved while he or she remains a member, to pay £1 towards the costs of dissolution and the liabilities incurred by the Charity while he or she was a member.
Page 16