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2021-08-31-accounts

The 5IVES COMMUNITY SPORTS CLUB Charity report of the trustees for the ear endin 31 Au ust 2021 y g g

The trustees of 5ives community sports club present their annual report and accounts for the year ending 31[st] August 2021 and comply with the Charities Act 2011.

Our Aims

August 2020 to August 2021 was a year of ups and downs. In November 2020 we entered our second national lockdown lasting four weeks and then in January 2021 we had the third national lockdown lasting twelve weeks. These are historically our busiest times with Junior training being at its peak but the main priority was the wellbeing of our staff and the safeguarding of the business in terms of finances with no trading once more. This year we aimed solely to survive the lockdowns and put ourselves in the best position to be available for our members and the local residents to provide sport and health opportunities for when they needed us most. Mental health opportunities were to become very important and on a wider scale to welcome people back to sport and the facility in a way that they felt comfortable.

Our Objectives

Our objectives are set to reflect our charitable aims and we set out the same objectives as the previous year as agreed by our members and Trustees, but these were impossible to meet due to the Covid-19 Pandemic. In setting our objectives and planning our activities our Trustees have given careful consideration to the Charity Commission’s public benefit guidance.

Our key objectives for the year included:

During the months of lockdowns once again the furlough scheme was introduced, and we advised staff that they would be receiving full pay- topped up by the Charity. This safeguarded the staff and on a human level was the most important. Then Grants from Government were introduced to the hospitality and leisure industry which safeguarded the facility.

Review of Activities and Achievements

Trading when we were open was brisk during the year 2020/2021 due to pent up demand and also the projects we offered. August 2020 to November 2020 was a very successful time- it provided opportunities for many people to come back and play sport once restrictions were lifted and also with the spectre of more lockdowns after Christmas we were very busy and offered our full quota of opportunities for young people, older people and everyone in between.

The Uncertainty of the Pandemic was a large factor and we dealt with it very well under the circumstances. We were part of the mandatory closure for the lockdown lasting November 2020 and January to march 2021 and our staff were put on furlough with the Charity topping up all staff remuneration to 100%. We contacted all our providers to cancel services we did not need such as BIFFA waste collection and ensured the facility was securely closed. Periodic visits to the facility to check on security found many instances of vandalism of the netting and rebound boards where local people had broken in to use the pitches.

April to August 2020 was a very strong period for us once the mandatory closures had ceased for business such as ours. We maintained contact with our trusted partners throughout the lockdown and ensured we were able to provide our projects as soon as we were given the green light to open again. This allowed us to be prepared in terms of practicalities and bookings for when we opened and it was an exceptional success with all of our projects reopening to record participation levels and the facility was the busiest its ever been producing the highest levels of participation relative to our charitable aims since we formed. Overall the trading outwith lockdown was some of the strongest we have had and we also coupled this with to host amount of projects reaching hard to reach groups that we have ever had and were the best attended. We acknowledge it was a skewed year of trading under unprecedented circumstances but the fact we were available for everyone within the area at a timer when they needed us most was a big success for the facility, its staff and its trustees.

Public Benefit and Partnership Working

The organisation provides sports training facilities for use at its purpose built complex at Kendray Playing Fields, Hunningley Lane, Barnsley, West Yorkshire S70 3JR. The complex comprises six five-a-side artificial turf pitches and two seven-a-side artificial turf pitches. All of the pitches are floodlit and are self-contained with netting and rebound boards of which there are none similar in the borough. Our pavilion has changing rooms and a social area.

We are involved in running the same number of programmes as the last year but with a significant decrease in participation due to the mandatory closure from March to July 2020.. September 2019 to February 2020 was a very positive start for all the programmes, and below are a few that were of significant mention:

(a) Barnsley MBC Leisure card

We saw an increase in the participation of BMBC Leisure card users for the six months we were open, and this shows our relationship with the council and marketing of the programme was of use. This helps people on low incomes gain access to our facility We are

still the only private leisure facility in the Borough that provides discounts for the unemployed, students and Barnsley residents on government benefits through the council’s leisure card. Half price sports activity is available on production of the card at the centre.

(b) Reds in the Community

Since 2018 we have worked with Barnsley council and Barnsley F. C’s ‘Reds in the community’ to provide free football sessions at the centre to increase healthy activity for children within the local area. The sessions continued into the year August 2019 to February 2020 with high numbers and a few of the children who had been causing antisocial behaviour issues were seen to be involved which is a great success. The sessions were oversubscribed when lockdown ended in July 2020 and we have discussed the idea of running school holiday clubs in liaison with Barnsley FC for underprivileged children which we did on October 2020 and easter and summer 2021 with record numbers attending and receiving free meals as well as free football coaching.

(c) Coalfields Trust Game on Programme

The organisation works closely with The Coalfields Trust and these sessions providing free football have been running for several years in various old mining locations across the country. Our facility was chosen to participate, and we believe the sessions make a huge impact on local people through learning about teamwork, leadership, and the importance of physical activity. In April 2021, the sessions were essential to get inactive people active again after the lockdown.

(d) Walking football –They picked up from where they left off in July and played through to the end of this reporting period with a further four months to go of the initial project which runs into next years report and has now been completed.

Future Plans

We now have funds in place to complete the refurbishment of pitches 1 and 9 which are the two large 7 a side pitches and our most popular. The funds are in place and ready to go. In addition to this we have applied for funding for 25k to have the smaller pitches 3 and 4 refurbished also. The result of this will be in the first quarter of 2022 and reported in the next charity report.

Our Finances

The financial statements show a turnover of £194,547 for the year ending August 2021. This is an increase of circa £70k from the previous year. £111k of these funds were from eight months of trading in between the mandatory lockdowns, which from a trading perspective is strong albeit during peculiar times. However we showed our resilience and professionalism to enable quick footedness to open and close during difficult times and also to provide projects when the public required them. The Charity received £82k from Grants

from Government Grants for lockdowns and leisure covid grants as well as insurance payouts from Hiscox.

Normally the principal source of income is fees to hire the pitches, and this allows us to provide the projects and services we do. The Trustees are continuing their strategy of deploying all net incoming resources to investing in the charitable purposes and fabric of our sports facility. We received 100% business rates relief as part of the government strategy on post covid financial measures. . We also pay tax as an employer through the PAYE and national insurance contributions we make and use the Peoples Pension for our pension contributions.

Reserves and Financial Health

In uncertain times the Charity has came out the other side of the covid pandemic and we are proud of what we achieved. We have also managed to save enough money to refurbish the pitches we required and this will be done in early 2022. Still the only debt now being to Power league Fives of circa £9k being paid at £500 per calendar month. The trustees are happy with the financial position and are positive for the safeguarding of the facility in terms of programmes, membership and future plans.

Pension Liability

WPA (Workplace Advice Group) provided the annual health check in 2021 and all information was cascaded through management to staff regarding investment performance and option of pension contributions amounts as well as the information slideshow. The Peoples Pension is continuing to be the pension provided by the charity for the employees.

Structure, Governance and Management

The directors who are trustees meet quarterly to discuss the facility and its stewardship, management, and position. This was made difficult during the lockdown but there was effective communication between the Trustees, Operations manager, general manager, and staff throughout lockdown and prior and after opening as it was unchartered territory for everyone. We believe the Charity behaved very professionally and with integrity. The management undertaken by the General Manager and Operations Director are critical to the continued success of the Charity. The Charity Trustees are responsible for the overall management and control of the charity and meet four times a year. The operations director is the key decision maker in terms of operating decisions and has been responsible for all successful key funding applications, making our key contacts with other relevant groups this is implemented by the general manager on a day to day basis.

All trustees give of their time freely and no remuneration or expenses were paid in the year.

Key Management Personnel

The Trustees consider that they, together with the Facility management, comprise the Key Management Personnel. The Trustees give of their time freely and the pay and remuneration of staff is set using a number of criteria:

-Competitor salaries in the region

-Trends in pay

Organisational Management

During the Pandemic, the Trustees have met remotely, and the Operations Manager has initiated furlough payments, Grant applications, services restructure, risk assessments and staff communication. The Trustees and operations Manager determine the general policy of the facility such as funding streams research, project prioritising, partnership working. The day to day running of the charity is delegated to the General manager supported by operations Manager. The general manager undertakes the key leadership role day to day staff rotas, task lists for receptionists, ordering equipment, providing bookings, maintenance of the building and pitches.

Risk Management

Risk management was a key area of discussion in the weeks and months building up to reopening after the lockdown March-July. Sport England and the Football Association provided information on how to reopen safely and we combined this with local information form the Borough Council to produce a fit for purpose Covid-19 risk assessment including PPE, social distancing, and other relevant measures in line with Government guidelines. In addition, we also have several more standard risk management controls within the facility and are updated annually. We have the following procedures with documents in place: *Anti bullying policy

*Safeguarding and Child Protection policy

*Anti-racism policy

*Building and outdoor areas Risk Assessments.

The General Manager is responsible for the overseeing of the risks faced by the facility and completing the daily pitch and building RA.

Governor Recruitment and Training

The Trustees requires breadth and depth of experience to carry out its duties effectively and efficiently. When recruiting new trustees the important attribute is a passion for the work of our facility and a background in a relevant part of the operation of the facility. We believe the background of trustees should meet one or more of the following criteria: -A legal background

-A financial/accounting background

-Local knowledge of sport in the area

-Senior managerial experience

-Self-employed business experience -Marketing experience

Professional Advisers

-Pension regulators Workplace Advice Group Cinnamon House Cinnamon Park, Crab Lane, Warrington WA2 0XP -Solicitors: RGB Accountants 121 Moffat St, Glasgow G5 0NG -NatWest Business, market street, Barnsley S70 2QE

REGISTERED COMPANY NUMBER: 09164144 (England and Wales) REGISTERED CHARITY NUMBER: 1181387

Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 August 2021

for

5ives Community Sports Club

KPP Glasgow South Ltd Chartered Certified Accountants 121 Moffat Street Glasgow G5 OND

5ives Community Sports Club

Contents of the Financial Statements for the Year Ended 31 August 2021

Page
Report of the Trustees 1
Independent Examiner's Report 2
Statement of Financial Activities 3
Balance Sheet 4 to 5
Notes to the Financial Statements 6 to 11
Detailed Statement of Financial Activities 12

5ives Community Sports Club

Report of the Trustees

for the Year Ended 31 August 2021

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 August 2021. 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).

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.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number

09164144 (England and Wales)

Registered Charity number 1181387

Registered office

Kendray Playing Fields Hunningley Lane Burnsall Grove Barnsley S70 3JR

Trustees

H W Smith R K Henry R Kilpatrick

Independent Examiner

Brendan McNulty KPP Glasgow South Ltd Chartered Certified Accountants 121 Moffat Street Glasgow G5 OND

Approved by order of the board of trustees on 23 December 2021 and signed on its behalf by:

R K Henry

R K Henry (Apr 20, 2022 13:54 GMT+1)

R K Henry - Trustee

Page 1

Independent Examiner's Report to the Trustees of 5ives Community Sports Club

Independent examiner's report to the trustees of 5ives Community Sports Club ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 August 2021.

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.

Brendan McNulty (Apr 20, 2022 13:54 GMT+1)

Brendan McNulty KPP Glasgow South Ltd Chartered Certified Accountants 121 Moffat Street Glasgow G5 OND

23 December 2021

Page 2

5ives Community Sports Club

Statement of Financial Activities for the Year Ended 31 August 2021

Unrestricted
fund
Notes
£
INCOME AND ENDOWMENTS FROM
Trading Income
111,823
Charitable activities
Grants
82,724
Total
194,547
EXPENDITURE ON
Raising funds, support and costs
2
125,884
Total
125,884
NET INCOME/(EXPENDITURE)
68,663
RECONCILIATION OF FUNDS
Total funds brought forward
12,406
TOTAL FUNDS CARRIED FORWARD
81,069
Restricted
fund
£
-
-
-
6,858
6,858
(6,858)
6,858
-
31.8.21
Total
funds
£
111,823
82,724
194,547
132,742
132,742
61,805
19,264
81,069
31.8.20
Total
funds
£
77,955
55,432
133,387
107,278
107,278
26,109
(6,845)
19,264

The notes form part of these financial statements

Page 3

5ives Community Sports Club

Balance Sheet

31 August 2021

Unrestricted
fund
Notes
£
FIXED ASSETS
Intangible assets
8
2
Tangible assets
9
24,921
24,923
CURRENT ASSETS
Stocks
10
225
Cash at bank and in hand
75,755
75,980
CREDITORS
Amounts falling due within one year
11
(10,334)
NET CURRENT ASSETS
65,646
TOTAL ASSETS LESS CURRENT
LIABILITIES
90,569
CREDITORS
Amounts falling due after more than one year
12
(9,500)
NET ASSETS
81,069
FUNDS
14
Unrestricted funds
Restricted funds
TOTAL FUNDS
Restricted
fund
£
-
-
-
-
-
-
-
-
-
-
-
31.8.21
Total
funds
£
2
24,921
24,923
225
75,755
75,980
(10,334)
65,646
90,569
(9,500)
81,069
81,069
-
81,069
31.8.20
Total
funds
£
2
27,450
27,452
225
20,472
20,697
(13,385)
7,312
34,764
(15,500)
19,264
12,406
6,858
19,264

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2021 in accordance with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for

The notes form part of these financial statements

continued...

Page 4

5ives Community Sports Club

Balance Sheet - continued

31 August 2021

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 23 December 2021 and were signed on its behalf by:

R K Henry R K Henry (Apr 20, 2022 13:54 GMT+1)

R K Henry - Trustee

The notes form part of these financial statements

Page 5

5ives Community Sports Club

Notes to the Financial Statements for the Year Ended 31 August 2021

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 recognition

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure and liabilities

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.

Goodwill

Goodwill was written off on acquisition.It is being carried at a £2 nominal value.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Equipment - 15% on reducing balance

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. There are currently no restricted funds being managed by the charity.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

Leasehold property

The leasehold property was acquired by a series of payments settling debts due by the predecessor operator. This is being written off over thirteen years in equal instalments. The lease expires in August 2031.

Page 6

continued...

5ives Community Sports Club

Notes to the Financial Statements - continued

for the Year Ended 31 August 2021

2. RAISING FUNDS, SUPPORT AND COSTS

Costs of operation and support
3.
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
Depreciation - owned assets
31.8.21
£
132,742
31.8.21
£
2,529
31.8.20
£
107,278
31.8.20
£
2,543

4. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 August 2021 nor for the year ended 31 August 2020.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 August 2021 nor for the year ended 31 August 2020.

5. STAFF COSTS

The average monthly number of employees during the year was as follows:


Employees
No employees received emoluments in excess of £60,000.
6.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
fund
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
77,955
Charitable activities
Grants
48,574
Total
126,529
EXPENDITURE ON
Raising funds
107,179
Other
99
31.8.21

6
Restricted
fund
£
-
6,858
6,858
-
-
31.8.20
4
Total
funds
£
77,955
55,432
133,387
107,179
99

continued...

Page 7

5ives Community Sports Club

Notes to the Financial Statements - continued

for the Year Ended 31 August 2021

6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted Restricted Total
fund fund funds
£ £ £
Total 107,278 - 107,278
NET INCOME 19,251 6,858 26,109
RECONCILIATION OF FUNDS
Total funds brought forward (6,845) - (6,845)
TOTAL FUNDS CARRIED FORWARD 12,406 6,858 19,264
7. CAPITAL ACQUISITION OF LEASEHOLD
In 2019 the charity trustees capitalised £31,780 of payments made to settle debts due by the predecessor
operator. The payments were necessary to facilitate the transfer of the lease.
8. INTANGIBLE FIXED ASSETS
Goodwill
£
COST
At 1 September 2020 and 31 August 2021 59,000
AMORTISATION
At 1 September 2020 and 31 August 2021 58,998
NET BOOK VALUE
At 31 August 2021 2
At 31 August 2020 2
9. TANGIBLE FIXED ASSETS
Short
leasehold Equipment Totals
£ £ £
COST
At 1 September 2020 and 31 August 2021 31,780 1,261 33,041
DEPRECIATION
At 1 September 2020 4,889 702 5,591
Charge for year 2,445 84 2,529
At 31 August 2021 7,334 786 8,120
NET BOOK VALUE
At 31 August 2021 24,446 475 24,921
At 31 August 2020 26,891 559 27,450

continued...

Page 8

5ives Community Sports Club

Notes to the Financial Statements - continued for the Year Ended 31 August 2021

10. STOCKS
31.8.21 31.8.20
£ £
Stocks 225 225
11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.21 31.8.20
£ £
Bank loans and overdrafts (see note 13) - 6,858
Other creditors 1,575 934
Social security and other taxes 7,572 4,877
Accrued expenses 1,187 716
10,334 13,385
12. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.8.21 31.8.20
£ £
Other loans (see note 13) 9,500 15,500
13. LOANS
An analysis of the maturity of loans is given below:
31.8.21 31.8.20
£ £
Amounts falling due within one year on demand:
Bank overdrafts - 6,858
Amounts falling due between two and five years:
Powerleague Fives Ltd 9,500 15,500
14. MOVEMENT IN FUNDS
Net
movement At
At 1.9.20
in funds
31.8.21
£ £ £
Unrestricted funds
General fund 12,406 68,663 81,069
Restricted funds
Coalfields Walking Football 6,858 (6,858) -
TOTAL FUNDS 19,264 61,805 81,069

continued...

Page 9

5ives Community Sports Club

Notes to the Financial Statements - continued for the Year Ended 31 August 2021

14. MOVEMENT IN FUNDS - continued

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

Incoming
resources
£
Unrestricted funds
General fund
194,547
Restricted funds
Coalfields Walking Football
-
TOTAL FUNDS
194,547
Comparatives for movement in funds
At 1.9.19
£
Unrestricted funds
General fund
(6,845)
Restricted funds
Coalfields Walking Football
-
TOTAL FUNDS
(6,845)
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
General fund
126,529
Restricted funds
Coalfields Walking Football
6,858
TOTAL FUNDS
133,387
Resources
Movement
expended
in funds
£
£
(125,884)
68,663
(6,858)
(6,858)
(132,742)
61,805
Net
movement
At
in funds
31.8.20
£
£
19,251
12,406
6,858
6,858
26,109
19,264
Resources
Movement
expended
in funds
£
£
(107,278)
19,251
-
6,858
(107,278)
26,109

continued...

Page 10

5ives Community Sports Club

Notes to the Financial Statements - continued for the Year Ended 31 August 2021

14. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined position is as follows:

Net
movement At
At 1.9.19 in funds 31.8.21
£ £ £
Unrestricted funds
General fund (6,845) 87,914 81,069
TOTAL FUNDS (6,845) 87,914 81,069

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

Unrestricted funds
General fund
Restricted funds
Coalfields Walking Football
TOTAL FUNDS
Incoming
resources
£
321,076
6,858
327,934
Resources
Movement
expended
in funds
£
£
(233,162)
87,914
(6,858)
-
(240,020)
87,914

15. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 August 2021.

Page 11

5ives Community Sports Club

Detailed Statement of Financial Activities for the Year Ended 31 August 2021

Detailed Statement of Financial Activities
for the Year Ended 31 August 2021
31.8.21 31.8.20
£ £
INCOME AND ENDOWMENTS
Donations and legacies
Sales & hire income 111,823 77,955
Charitable activities
Grants 82,724 55,432
Total incoming resources 194,547 133,387
EXPENDITURE
Other trading activities
Purchases 283 3,509
Depreciation of tangible fixed assets 2,445 2,445
2,728 5,954
Other
Depreciation - equipment 84 99
Support costs
Management
Wages 66,913 47,485
Pensions 7,099 4,154
Rates 2,325 1,946
Insurance 2,846 3,345
Telephone & postages 865 1,203
Printing,stationery & adverts 660 678
Heat & light 9,119 11,781
Sundries 602 1,733
Referees & coaches fees 10,626 2,795
Travelling expenses - 159
Repairs & cleaning 21,157 21,347
Security costs - 778
Subscriptions 416 466
Accountancy 4,475 2,505
Legal fees 432 432
Others 1,681 -
129,216 100,807
Finance
Bank charges & interest 714 418
Total resources expended 132,742 107,278
Net income 61,805 26,109

This page does not form part of the statutory financial statements

Page 12

L089_6-CHA.DOC

Final Audit Report

2022-04-20

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Signature Date: 2022-04-20 - 12:54:58 GMT - Time Source: server- IP address: 78.33.150.203

Agreement completed.

2022-04-20 - 12:54:58 GMT

REGISTERED COMPANY NUMBER: 09164144 (England and Wales) REGISTERED CHARITY NUMBER: 1181387

Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 August 2021

for

5ives Community Sports Club

KPP Glasgow South Ltd Chartered Certified Accountants 121 Moffat Street Glasgow G5 OND

5ives Community Sports Club

Contents of the Financial Statements for the Year Ended 31 August 2021

Page
Report of the Trustees 1
Independent Examiner's Report 2
Statement of Financial Activities 3
Balance Sheet 4 to 5
Notes to the Financial Statements 6 to 11
Detailed Statement of Financial Activities 12

5ives Community Sports Club

Report of the Trustees

for the Year Ended 31 August 2021

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 August 2021. 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).

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.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number

09164144 (England and Wales)

Registered Charity number 1181387

Registered office

Kendray Playing Fields Hunningley Lane Burnsall Grove Barnsley S70 3JR

Trustees

H W Smith R K Henry R Kilpatrick

Independent Examiner

Brendan McNulty KPP Glasgow South Ltd Chartered Certified Accountants 121 Moffat Street Glasgow G5 OND

Approved by order of the board of trustees on 23 December 2021 and signed on its behalf by:

R K Henry

R K Henry (Apr 20, 2022 13:54 GMT+1)

R K Henry - Trustee

Page 1

Independent Examiner's Report to the Trustees of 5ives Community Sports Club

Independent examiner's report to the trustees of 5ives Community Sports Club ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 August 2021.

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.

Brendan McNulty (Apr 20, 2022 13:54 GMT+1)

Brendan McNulty KPP Glasgow South Ltd Chartered Certified Accountants 121 Moffat Street Glasgow G5 OND

23 December 2021

Page 2

5ives Community Sports Club

Statement of Financial Activities for the Year Ended 31 August 2021

Unrestricted
fund
Notes
£
INCOME AND ENDOWMENTS FROM
Trading Income
111,823
Charitable activities
Grants
82,724
Total
194,547
EXPENDITURE ON
Raising funds, support and costs
2
125,884
Total
125,884
NET INCOME/(EXPENDITURE)
68,663
RECONCILIATION OF FUNDS
Total funds brought forward
12,406
TOTAL FUNDS CARRIED FORWARD
81,069
Restricted
fund
£
-
-
-
6,858
6,858
(6,858)
6,858
-
31.8.21
Total
funds
£
111,823
82,724
194,547
132,742
132,742
61,805
19,264
81,069
31.8.20
Total
funds
£
77,955
55,432
133,387
107,278
107,278
26,109
(6,845)
19,264

The notes form part of these financial statements

Page 3

5ives Community Sports Club

Balance Sheet

31 August 2021

Unrestricted
fund
Notes
£
FIXED ASSETS
Intangible assets
8
2
Tangible assets
9
24,921
24,923
CURRENT ASSETS
Stocks
10
225
Cash at bank and in hand
75,755
75,980
CREDITORS
Amounts falling due within one year
11
(10,334)
NET CURRENT ASSETS
65,646
TOTAL ASSETS LESS CURRENT
LIABILITIES
90,569
CREDITORS
Amounts falling due after more than one year
12
(9,500)
NET ASSETS
81,069
FUNDS
14
Unrestricted funds
Restricted funds
TOTAL FUNDS
Restricted
fund
£
-
-
-
-
-
-
-
-
-
-
-
31.8.21
Total
funds
£
2
24,921
24,923
225
75,755
75,980
(10,334)
65,646
90,569
(9,500)
81,069
81,069
-
81,069
31.8.20
Total
funds
£
2
27,450
27,452
225
20,472
20,697
(13,385)
7,312
34,764
(15,500)
19,264
12,406
6,858
19,264

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2021 in accordance with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for

The notes form part of these financial statements

continued...

Page 4

5ives Community Sports Club

Balance Sheet - continued

31 August 2021

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 23 December 2021 and were signed on its behalf by:

R K Henry R K Henry (Apr 20, 2022 13:54 GMT+1)

R K Henry - Trustee

The notes form part of these financial statements

Page 5

5ives Community Sports Club

Notes to the Financial Statements for the Year Ended 31 August 2021

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 recognition

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure and liabilities

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.

Goodwill

Goodwill was written off on acquisition.It is being carried at a £2 nominal value.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Equipment - 15% on reducing balance

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. There are currently no restricted funds being managed by the charity.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

Leasehold property

The leasehold property was acquired by a series of payments settling debts due by the predecessor operator. This is being written off over thirteen years in equal instalments. The lease expires in August 2031.

Page 6

continued...

5ives Community Sports Club

Notes to the Financial Statements - continued

for the Year Ended 31 August 2021

2. RAISING FUNDS, SUPPORT AND COSTS

Costs of operation and support
3.
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
Depreciation - owned assets
31.8.21
£
132,742
31.8.21
£
2,529
31.8.20
£
107,278
31.8.20
£
2,543

4. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 August 2021 nor for the year ended 31 August 2020.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 August 2021 nor for the year ended 31 August 2020.

5. STAFF COSTS

The average monthly number of employees during the year was as follows:


Employees
No employees received emoluments in excess of £60,000.
6.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
fund
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
77,955
Charitable activities
Grants
48,574
Total
126,529
EXPENDITURE ON
Raising funds
107,179
Other
99
31.8.21

6
Restricted
fund
£
-
6,858
6,858
-
-
31.8.20
4
Total
funds
£
77,955
55,432
133,387
107,179
99

continued...

Page 7

5ives Community Sports Club

Notes to the Financial Statements - continued

for the Year Ended 31 August 2021

6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted Restricted Total
fund fund funds
£ £ £
Total 107,278 - 107,278
NET INCOME 19,251 6,858 26,109
RECONCILIATION OF FUNDS
Total funds brought forward (6,845) - (6,845)
TOTAL FUNDS CARRIED FORWARD 12,406 6,858 19,264
7. CAPITAL ACQUISITION OF LEASEHOLD
In 2019 the charity trustees capitalised £31,780 of payments made to settle debts due by the predecessor
operator. The payments were necessary to facilitate the transfer of the lease.
8. INTANGIBLE FIXED ASSETS
Goodwill
£
COST
At 1 September 2020 and 31 August 2021 59,000
AMORTISATION
At 1 September 2020 and 31 August 2021 58,998
NET BOOK VALUE
At 31 August 2021 2
At 31 August 2020 2
9. TANGIBLE FIXED ASSETS
Short
leasehold Equipment Totals
£ £ £
COST
At 1 September 2020 and 31 August 2021 31,780 1,261 33,041
DEPRECIATION
At 1 September 2020 4,889 702 5,591
Charge for year 2,445 84 2,529
At 31 August 2021 7,334 786 8,120
NET BOOK VALUE
At 31 August 2021 24,446 475 24,921
At 31 August 2020 26,891 559 27,450

continued...

Page 8

5ives Community Sports Club

Notes to the Financial Statements - continued for the Year Ended 31 August 2021

10. STOCKS
31.8.21 31.8.20
£ £
Stocks 225 225
11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.21 31.8.20
£ £
Bank loans and overdrafts (see note 13) - 6,858
Other creditors 1,575 934
Social security and other taxes 7,572 4,877
Accrued expenses 1,187 716
10,334 13,385
12. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.8.21 31.8.20
£ £
Other loans (see note 13) 9,500 15,500
13. LOANS
An analysis of the maturity of loans is given below:
31.8.21 31.8.20
£ £
Amounts falling due within one year on demand:
Bank overdrafts - 6,858
Amounts falling due between two and five years:
Powerleague Fives Ltd 9,500 15,500
14. MOVEMENT IN FUNDS
Net
movement At
At 1.9.20
in funds
31.8.21
£ £ £
Unrestricted funds
General fund 12,406 68,663 81,069
Restricted funds
Coalfields Walking Football 6,858 (6,858) -
TOTAL FUNDS 19,264 61,805 81,069

continued...

Page 9

5ives Community Sports Club

Notes to the Financial Statements - continued for the Year Ended 31 August 2021

14. MOVEMENT IN FUNDS - continued

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

Incoming
resources
£
Unrestricted funds
General fund
194,547
Restricted funds
Coalfields Walking Football
-
TOTAL FUNDS
194,547
Comparatives for movement in funds
At 1.9.19
£
Unrestricted funds
General fund
(6,845)
Restricted funds
Coalfields Walking Football
-
TOTAL FUNDS
(6,845)
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
General fund
126,529
Restricted funds
Coalfields Walking Football
6,858
TOTAL FUNDS
133,387
Resources
Movement
expended
in funds
£
£
(125,884)
68,663
(6,858)
(6,858)
(132,742)
61,805
Net
movement
At
in funds
31.8.20
£
£
19,251
12,406
6,858
6,858
26,109
19,264
Resources
Movement
expended
in funds
£
£
(107,278)
19,251
-
6,858
(107,278)
26,109

continued...

Page 10

5ives Community Sports Club

Notes to the Financial Statements - continued for the Year Ended 31 August 2021

14. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined position is as follows:

Net
movement At
At 1.9.19 in funds 31.8.21
£ £ £
Unrestricted funds
General fund (6,845) 87,914 81,069
TOTAL FUNDS (6,845) 87,914 81,069

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

Unrestricted funds
General fund
Restricted funds
Coalfields Walking Football
TOTAL FUNDS
Incoming
resources
£
321,076
6,858
327,934
Resources
Movement
expended
in funds
£
£
(233,162)
87,914
(6,858)
-
(240,020)
87,914

15. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 August 2021.

Page 11

5ives Community Sports Club

Detailed Statement of Financial Activities for the Year Ended 31 August 2021

Detailed Statement of Financial Activities
for the Year Ended 31 August 2021
31.8.21 31.8.20
£ £
INCOME AND ENDOWMENTS
Donations and legacies
Sales & hire income 111,823 77,955
Charitable activities
Grants 82,724 55,432
Total incoming resources 194,547 133,387
EXPENDITURE
Other trading activities
Purchases 283 3,509
Depreciation of tangible fixed assets 2,445 2,445
2,728 5,954
Other
Depreciation - equipment 84 99
Support costs
Management
Wages 66,913 47,485
Pensions 7,099 4,154
Rates 2,325 1,946
Insurance 2,846 3,345
Telephone & postages 865 1,203
Printing,stationery & adverts 660 678
Heat & light 9,119 11,781
Sundries 602 1,733
Referees & coaches fees 10,626 2,795
Travelling expenses - 159
Repairs & cleaning 21,157 21,347
Security costs - 778
Subscriptions 416 466
Accountancy 4,475 2,505
Legal fees 432 432
Others 1,681 -
129,216 100,807
Finance
Bank charges & interest 714 418
Total resources expended 132,742 107,278
Net income 61,805 26,109

This page does not form part of the statutory financial statements

Page 12

L089_6-CHA.DOC

Final Audit Report

2022-04-20

Created: 2022-04-15 By: Brendan McNulty (brendan@kppgs.co.uk) Status: Signed Transaction ID: CBJCHBCAABAAVyHE6fQmFrtKHl22bkUmoE7baw4xmOhV

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Agreement completed.

2022-04-20 - 12:54:58 GMT