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2023-08-31-accounts

The 5IVES COMMUNITY SPORTS CLUB Charity report of the trustees for the ear endin 31 Au ust 2023 y g g

The trustees of 5ives community sports club present their annual report and accounts for the year ending 31[st] August 2023 and comply with the Charities Act 2011.

Summary

2023 was a successful year for 5ives in terms of meeting our chartable aims and increasing revenue after the pandemic. We moved forward nimbly with decisions like moving to low energy heating from gas paving the way for decreasing our carbon footprint and avoiding probably fatal increases in energy pricing. The revenue increases by circa 8% year on year and we made some significant refurbishments to the centre such as new rebound fencing, refurbishing the car park and the rebound boards. The new pitches laid in late 2022 proved a big success and increased our football teams clientele by 25% and this allowed us to provide more free projects for the local community groups we work with. The year to August 2023 was very much back to normal after the Covid Pandemic. Going forward we have the electricity contract up for renewal in summer 2024 and we hope the market has settled somewhat as to not jeapordise the ability of the charity to continue trading. We are still having major issues with ant social behaviour and are liaising with the police and other authorities to try and combat it. Overall this was a successful year for the charity and with more third sector organisations approaching us to hold projects which meets our charitable aims.

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. 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:

Review of Activities and Achievements

Our achievements this year were being able to not only increase revenue but also provide more free to use projects for the local community. This balance has been made by sound planning and experience of the whole team with guidance from the trustees. The increased revenue allowed us to make some significant refurbishments to the facility and also buy some new sports equipment. Our team now have been together for a decade and know the facility inside out along with knowing the needs and familiar with the circumstances and challenges of the local community which is in an area of multiple deprivation. As our reputation continues to grow we are finding more organisations approaching us to work in conjunction. One of the major projects this again this year was the ‘Game Changer’ Game Changer is a project delivered by 5ives Community Sports Club and local partners such as Reds in the Community, Barnsley Council, Sheffield FA, Coalfields Regeneration Trust, Barnsley CVS, and Barnsley Central Area Council Team. It is a part of a national programme delivered by the Football Foundation and Sport England and funded by the National Lottery. It is a part of the Active Through Football programme that has been rolled out nationally across 25 different areas of England.

The project is ring-fenced for the Kendray and Worsbrough areas of Barnsley with the focus being on Mental Wellbeing, Food Security, Community, Employability & Skills, and Physical Health. We have four free sessions under this umbrella for women and girls, over 55s, free play for under 18s and dads and lads. This was introduced last year and this year it has extended the offer to include more sessions for women and also sessions during the day for people out of work. In addition to this we still run the sessions with the local Kendray neighbourhood team and the youth intervention team providing free sessions for local young people to combat the anti social behaviour in the surrounding area. We were successful in applying for funding to support our new pitches project which allowed us to resurface our two large 7aside courts and two of our 5aside courts which has safeguarded the pitches for the next seven years. In summary 2023 has been a fantastic year for our charity

Public Benefit and Partnership Working

.

We are involved in running the same number of programmes as the last year with the addition to a few more, below is a summary of them:

(a) Barnsley MBC Leisure card

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

Barnsley FC are one of our largest partners and we have worked with them to provide free football sessions for around 60 young people per week plus the ‘fit and fed’ school holiday programme which provides children who are eligible for free school meals to attend the

sports camp free of charge and also receive a hot meal which also supports with the issues from the cost of living crisis in the uk. .

(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.

(d) Walking football –This has increased to two sessions a week with the need being so great. They have also played against other walking football teams from the surrounding area.

( e) Game changer- It is a part of the Active Through Football programme that has been rolled out nationally across 25 different areas of England.

The project is ring-fenced for the Kendray and Worsbrough areas of Barnsley with the focus being on Mental Wellbeing, Food Security, Community, Employability & Skills, and Physical Health.

( f) Boot room- is where people can donate their old football boots and we have them available to be rehomed to people that cannot afford them- which will in turn allow them to participate in the sessions we provide.

( g) Youth intervention programme- This is a joint project combining the important work the youth intervention team do in advising and supporting young people on the importance of positive destinations along with good decision making to stay out of trouble at school and with the Police. The sessions are free outside on the sports courts and also use the indoor pavilion to chat after the sessions. We have found tat some of the youths taking part in anti social behaviour and vandalism have been involved in the project and now are supporting teams at our facility which is an amazing turnaround and shows the project works.

Future Plans

With pitches 1,2,3,4,9 and 10 being replaced we see a need for repairs on pitches 5,6,7 and 8 next year which should cost circa £10,000 and safeguard the facility for longer in line with the other pitches. The volatility of the energy market is worrying but we have protected our interests as best we can by moving to electricity and low energy as the gas was so expensive.

The dilapidations brought forward for the council have been progressed and we have completed three changing rooms with plans to refloor the bar, kitchen, office and reception next year.

Our Finances

Earned income for the year ending August 2023 was up circa 8% on the previous year from 123k to 132k. total income was down from 155k to 137k due to the pandemic government grants not being available. We believe this is due to our reputation increasing and exposure improving. The accounting loss for the year was due to the new pitches grants being in another tax year but in terms of trading and day to day expenses the charity is in a strong place. 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 incoming resources to investing in the charitable purposes and fabric of our sports facility. We received 100% business rates relief due to applying for discretionary relief to the council and this was accepted due to the importance of our work in the community. 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

Or money in bank at the end of the year was circa £3,000 and this will allow us to make some refurbishments in the coming year and we also have increased turnover in the winter months allowing us to save for the quieter summer and we plan to have enough funds to complete the pitch repairs in June 2024. Financial health is strong and we have placed the funds in all the right places allowing us to flourish. The powerleague debt of £500 per month is paid off completely and we ow have no creditors.

Pension Liability

WPA (Workplace Advice Group) provided the annual health check in 2022 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. These minutes of the meetings are recorded and filed. The Charity continues to behave professionally and with integrity. The management undertaken by the General Manager and Operations Manager 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 Manager 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

Organisational Management

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

We also have several 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.

*Fire 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 2023

for

5ives Community Sports Club

KPP Glasgow South Ltd Chartered Certified Accountants Unit 3 , 37 Rosyth Road Morris Park Glasgow G5 0YE

5ives Community Sports Club

Contents of the Financial Statements for the Year Ended 31 August 2023

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 to 13

5ives Community Sports Club

Report of the Trustees

for the Year Ended 31 August 2023

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 2023. 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 FCCA . Independent Examiner KPP Glasgow South Ltd Chartered Certified Accountants Unit 3 , 37 Rosyth Road Morris Park Glasgow G5 0YE

Approved by order of the board of trustees on 20 March 2024 and signed on its behalf by:

Russell Henry

Russell Henry (Mar 23, 2024 14:11 GMT)

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 2023.

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

Brendan McNulty (Mar 20, 2024 15:14 GMT)

Brendan McNulty FCCA . Independent Examiner The Association of Chartered Certified Accountants

KPP Glasgow South Ltd Chartered Certified Accountants Unit 3 , 37 Rosyth Road Morris Park Glasgow G5 0YE

20 March 2024

Page 2

5ives Community Sports Club

Statement of Financial Activities for the Year Ended 31 August 2023

Unrestricted
fund
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
132,549
Charitable activities
Grants
4,440
Other income
700
Total
137,689
EXPENDITURE ON
Raising funds
11,576
Charitable activities
Grants
134,003
Other
1,047
Total
146,626
NET INCOME/(EXPENDITURE)
(8,937)
RECONCILIATION OF FUNDS
Total funds brought forward
80,246
TOTAL FUNDS CARRIED FORWARD
71,309
Restricted
fund
£
-
-
-
-
-
-
-
-
-
-
-
31.8.23
31.8.22
Total
Total
funds
funds
£
£
132,549
123,239
4,440
32,083
700
-
137,689
155,322
11,576
7,699
134,003
148,375
1,047
71
146,626
156,145
(8,937)
(823)
80,246
81,069
71,309
80,246

The notes form part of these financial statements

Page 3

5ives Community Sports Club

Balance Sheet

31 August 2023

Unrestricted
fund
Notes
£
FIXED ASSETS
Intangible assets
7
2
Tangible assets
8
66,628
66,630
CURRENT ASSETS
Stocks
9
272
Cash at bank and in hand
9,055
9,327
CREDITORS
Amounts falling due within one year
10
(4,648)
NET CURRENT ASSETS
4,679
TOTAL ASSETS LESS CURRENT
LIABILITIES
71,309
CREDITORS
Amounts falling due after more than one year
11
-
NET ASSETS
71,309
FUNDS
13
Unrestricted funds
TOTAL FUNDS
Restricted
fund
£
-
-
-
-
-
-
-
-
-
-
-
31.8.23
Total
funds
£
2
66,628
66,630
272
9,055
9,327
(4,648)
4,679
71,309
-
71,309
71,309
71,309
31.8.22
Total
funds
£
2
22,406
22,408
225
70,520
70,745
(9,407)
61,338
83,746
(3,500)
80,246
80,246
80,246

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2023 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 2023

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 20 March 2024 and were signed on its behalf by:

Russell Henry Russell Henry (Mar 23, 2024 14:11 GMT)

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 2023

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.

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 2023

2. NET INCOME/(EXPENDITURE)

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

31.8.23 31.8.22
£ £
Depreciation - owned assets 9,273 2,515

3. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 August 2023 nor for the year ended 31 August 2022.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 August 2023 nor for the year ended 31 August 2022.

4. STAFF COSTS

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

31.8.23
31.8.22
Employees
6
6
No employees received emoluments in excess of £60,000.
5.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
Restricted
Total
fund
fund
funds
£
£
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
123,239
-
123,239
Charitable activities
Grants
32,083
-
32,083
Total
155,322
-
155,322
EXPENDITURE ON
Raising funds
7,699
-
7,699
Charitable activities
Grants
148,375
-
148,375
Other
71
-
71
31.8.23
31.8.22
Employees
6
6
No employees received emoluments in excess of £60,000.
5.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
Restricted
Total
fund
fund
funds
£
£
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
123,239
-
123,239
Charitable activities
Grants
32,083
-
32,083
Total
155,322
-
155,322
EXPENDITURE ON
Raising funds
7,699
-
7,699
Charitable activities
Grants
148,375
-
148,375
Other
71
-
71
31.8.23
31.8.22
Employees
6
6
No employees received emoluments in excess of £60,000.
5.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
Restricted
Total
fund
fund
funds
£
£
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
123,239
-
123,239
Charitable activities
Grants
32,083
-
32,083
Total
155,322
-
155,322
EXPENDITURE ON
Raising funds
7,699
-
7,699
Charitable activities
Grants
148,375
-
148,375
Other
71
-
71
155,322
7,699
148,375
71

continued...

Page 7

5ives Community Sports Club

Notes to the Financial Statements - continued

for the Year Ended 31 August 2023

5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued

Unrestricted
fund
£
Total
156,145
NET INCOME/(EXPENDITURE)
(823)
RECONCILIATION OF FUNDS
Total funds brought forward
81,069
TOTAL FUNDS CARRIED FORWARD
80,246
Restricted
fund
£
-
-
-
-
Total
funds
£
156,145
(823)
81,069
80,246

6. 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.

7. INTANGIBLE FIXED ASSETS

INTANGIBLE FIXED ASSETS
Goodwill
£
COST
At 1 September 2022 and 31 August 2023 59,000
AMORTISATION
At 1 September 2022 and 31 August 2023 58,998
NET BOOK VALUE
At 31 August 2023 2
At 31 August 2022 2

continued...

Page 8

5ives Community Sports Club

Notes to the Financial Statements - continued for the Year Ended 31 August 2023

8. TANGIBLE FIXED ASSETS
Short
leasehold Equipment Totals
£ £ £
COST
At 1 September 2022 31,780 1,261 33,041
Additions 50,250 3,245 53,495
At 31 August 2023 82,030 4,506 86,536
DEPRECIATION
At 1 September 2022 9,778 857 10,635
Charge for year 8,726 547 9,273
At 31 August 2023 18,504 1,404 19,908
NET BOOK VALUE
At 31 August 2023 63,526 3,102 66,628
At 31 August 2022 22,002 404 22,406
9. STOCKS
31.8.23 31.8.22
£ £
Stocks 272 225
10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£ £
Trade creditors 1 -
Other creditors 1,575 1,575
Social security and other taxes 2,157 7,033
Accrued expenses 915 799
4,648 9,407

continued...

Page 9

5ives Community Sports Club

Notes to the Financial Statements-continued Notes to the Financial Statements-continued
for the Year Ended 31 August 2023
11. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.8.23 31.8.22
£ £
Other loans (see note 12) - 3,500
12. LOANS
An analysis of the maturity of loans is given below:
31.8.23 31.8.22
£ £
Amounts falling due between two and five years:
Powerleague Fives Ltd - 3,500
13. MOVEMENT IN FUNDS
Net
movement At
At 1.9.22 in funds 31.8.23
£ £ £
Unrestricted funds
General fund 80,246 (8,937) 71,309
TOTAL FUNDS 80,246 (8,937) 71,309
Net movement in funds, included in the above are as follows:
Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 137,689 (146,626) (8,937)
TOTAL FUNDS 137,689 (146,626) (8,937)
Comparatives for movement in funds
Net
movement At
At 1.9.21 in funds 31.8.22
£ £ £
Unrestricted funds
General fund 81,069 (823) 80,246
TOTAL FUNDS 81,069 (823) 80,246

continued...

Page 10

5ives Community Sports Club

Notes to the Financial Statements - continued

for the Year Ended 31 August 2023

13. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
TOTAL FUNDS
Incoming
resources
£
155,322
155,322
Resources
Movement
expended
in funds
£
£
(156,145)
(823)
(156,145)
(823)
Resources
Movement
expended
in funds
£
£
(156,145)
(823)
(156,145)
(823)
(823)

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

Net
movement At
At 1.9.21 in funds 31.8.23
£ £ £
Unrestricted funds
General fund 81,069 (9,760) 71,309
TOTAL FUNDS 81,069 (9,760) 71,309

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
TOTAL FUNDS
Incoming
resources
£
293,011
293,011
Resources
Movement
expended
in funds
£
£
(302,771)
(9,760)
(302,771)
(9,760)
Resources
Movement
expended
in funds
£
£
(302,771)
(9,760)
(302,771)
(9,760)
(9,760)

14. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 August 2023.

Page 11

5ives Community Sports Club

Detailed Statement of Financial Activities
for the Year Ended 31 August 2023
31.8.23 31.8.22
£ £
INCOME AND ENDOWMENTS
Donations and legacies
Sales & hire income 132,549 123,239
Charitable activities
Grants 4,440 32,083
Other income
Compensation 700 -
Total incoming resources 137,689 155,322
EXPENDITURE
Other trading activities
Purchases 2,850 5,254
Depreciation of tangible fixed assets 8,726 2,445
11,576 7,699
Other
Depreciation - equipment 547 71
Bank loan interest 500 -
1,047 71
Support costs
Management
Wages 68,828 76,189
Pensions 4,917 7,475
Rates 1,503 2,099
Insurance 3,414 3,623
Telephone & postages 1,329 833
Printing,stationery & adverts 460 636
Heat & light 5,657 12,481
Sundries 448 910
Referees & coaches fees 9,067 5,221
Repairs & cleaning 34,562 34,886
Subscriptions 326 453
Accountancy 1,560 1,710
Legal fees 432 432
Security costs 1,130 801
133,633 147,749
Finance
Bank charges & interest 370 626

This page does not form part of the statutory financial statements

Page 12

5ives Community Sports Club

Detailed Statement of Financial Activities
for the Year Ended 31 August 2023
31.8.23 31.8.22
£ £
Total resources expended 146,626 156,145
Net expenditure (8,937) (823)

This page does not form part of the statutory financial statements

Page 13

L089_6-Charities report - 22.2-CHA-BMC-20240 320.PDF

Final Audit Report

2024-03-23

Created: 2024-03-20 By: Brendan McNulty (brendan@kppgs.co.uk) Status: Signed Transaction ID: CBJCHBCAABAAIc8544oE0p1S_DQL2t7f7jzABCGCjqs-

"L089_6-Charities report - 22.2-CHA-BMC-20240320.PDF" Histo ry

Document created by Brendan McNulty (brendan@kppgs.co.uk)

2024-03-20 - 15:08:58 GMT- IP address: 194.140.221.98

Document e-signed by Brendan McNulty (brendan@kppgs.co.uk)

Signature Date: 2024-03-20 - 15:14:41 GMT - Time Source: server- IP address: 194.140.221.98

Document emailed to russellhenry@supanet.com for signature

2024-03-20 - 15:14:42 GMT

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Signer russellhenry@supanet.com entered name at signing as Russell Henry

2024-03-23 - 14:11:11 GMT- IP address: 51.7.55.169

Document e-signed by Russell Henry (russellhenry@supanet.com)

Signature Date: 2024-03-23 - 14:11:13 GMT - Time Source: server- IP address: 51.7.55.169

Agreement completed.

2024-03-23 - 14:11:13 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 2023

for

5ives Community Sports Club

KPP Glasgow South Ltd Chartered Certified Accountants Unit 3 , 37 Rosyth Road Morris Park Glasgow G5 0YE

5ives Community Sports Club

Contents of the Financial Statements for the Year Ended 31 August 2023

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 to 13

5ives Community Sports Club

Report of the Trustees

for the Year Ended 31 August 2023

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 2023. 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 FCCA . Independent Examiner KPP Glasgow South Ltd Chartered Certified Accountants Unit 3 , 37 Rosyth Road Morris Park Glasgow G5 0YE

Approved by order of the board of trustees on 20 March 2024 and signed on its behalf by:

Russell Henry

Russell Henry (Mar 23, 2024 14:11 GMT)

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 2023.

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

Brendan McNulty (Mar 20, 2024 15:14 GMT)

Brendan McNulty FCCA . Independent Examiner The Association of Chartered Certified Accountants

KPP Glasgow South Ltd Chartered Certified Accountants Unit 3 , 37 Rosyth Road Morris Park Glasgow G5 0YE

20 March 2024

Page 2

5ives Community Sports Club

Statement of Financial Activities for the Year Ended 31 August 2023

Unrestricted
fund
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
132,549
Charitable activities
Grants
4,440
Other income
700
Total
137,689
EXPENDITURE ON
Raising funds
11,576
Charitable activities
Grants
134,003
Other
1,047
Total
146,626
NET INCOME/(EXPENDITURE)
(8,937)
RECONCILIATION OF FUNDS
Total funds brought forward
80,246
TOTAL FUNDS CARRIED FORWARD
71,309
Restricted
fund
£
-
-
-
-
-
-
-
-
-
-
-
31.8.23
31.8.22
Total
Total
funds
funds
£
£
132,549
123,239
4,440
32,083
700
-
137,689
155,322
11,576
7,699
134,003
148,375
1,047
71
146,626
156,145
(8,937)
(823)
80,246
81,069
71,309
80,246

The notes form part of these financial statements

Page 3

5ives Community Sports Club

Balance Sheet

31 August 2023

Unrestricted
fund
Notes
£
FIXED ASSETS
Intangible assets
7
2
Tangible assets
8
66,628
66,630
CURRENT ASSETS
Stocks
9
272
Cash at bank and in hand
9,055
9,327
CREDITORS
Amounts falling due within one year
10
(4,648)
NET CURRENT ASSETS
4,679
TOTAL ASSETS LESS CURRENT
LIABILITIES
71,309
CREDITORS
Amounts falling due after more than one year
11
-
NET ASSETS
71,309
FUNDS
13
Unrestricted funds
TOTAL FUNDS
Restricted
fund
£
-
-
-
-
-
-
-
-
-
-
-
31.8.23
Total
funds
£
2
66,628
66,630
272
9,055
9,327
(4,648)
4,679
71,309
-
71,309
71,309
71,309
31.8.22
Total
funds
£
2
22,406
22,408
225
70,520
70,745
(9,407)
61,338
83,746
(3,500)
80,246
80,246
80,246

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2023 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 2023

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 20 March 2024 and were signed on its behalf by:

Russell Henry Russell Henry (Mar 23, 2024 14:11 GMT)

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 2023

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.

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 2023

2. NET INCOME/(EXPENDITURE)

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

31.8.23 31.8.22
£ £
Depreciation - owned assets 9,273 2,515

3. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 August 2023 nor for the year ended 31 August 2022.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 August 2023 nor for the year ended 31 August 2022.

4. STAFF COSTS

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

31.8.23
31.8.22
Employees
6
6
No employees received emoluments in excess of £60,000.
5.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
Restricted
Total
fund
fund
funds
£
£
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
123,239
-
123,239
Charitable activities
Grants
32,083
-
32,083
Total
155,322
-
155,322
EXPENDITURE ON
Raising funds
7,699
-
7,699
Charitable activities
Grants
148,375
-
148,375
Other
71
-
71
31.8.23
31.8.22
Employees
6
6
No employees received emoluments in excess of £60,000.
5.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
Restricted
Total
fund
fund
funds
£
£
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
123,239
-
123,239
Charitable activities
Grants
32,083
-
32,083
Total
155,322
-
155,322
EXPENDITURE ON
Raising funds
7,699
-
7,699
Charitable activities
Grants
148,375
-
148,375
Other
71
-
71
31.8.23
31.8.22
Employees
6
6
No employees received emoluments in excess of £60,000.
5.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
Restricted
Total
fund
fund
funds
£
£
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
123,239
-
123,239
Charitable activities
Grants
32,083
-
32,083
Total
155,322
-
155,322
EXPENDITURE ON
Raising funds
7,699
-
7,699
Charitable activities
Grants
148,375
-
148,375
Other
71
-
71
155,322
7,699
148,375
71

continued...

Page 7

5ives Community Sports Club

Notes to the Financial Statements - continued

for the Year Ended 31 August 2023

5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued

Unrestricted
fund
£
Total
156,145
NET INCOME/(EXPENDITURE)
(823)
RECONCILIATION OF FUNDS
Total funds brought forward
81,069
TOTAL FUNDS CARRIED FORWARD
80,246
Restricted
fund
£
-
-
-
-
Total
funds
£
156,145
(823)
81,069
80,246

6. 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.

7. INTANGIBLE FIXED ASSETS

INTANGIBLE FIXED ASSETS
Goodwill
£
COST
At 1 September 2022 and 31 August 2023 59,000
AMORTISATION
At 1 September 2022 and 31 August 2023 58,998
NET BOOK VALUE
At 31 August 2023 2
At 31 August 2022 2

continued...

Page 8

5ives Community Sports Club

Notes to the Financial Statements - continued for the Year Ended 31 August 2023

8. TANGIBLE FIXED ASSETS
Short
leasehold Equipment Totals
£ £ £
COST
At 1 September 2022 31,780 1,261 33,041
Additions 50,250 3,245 53,495
At 31 August 2023 82,030 4,506 86,536
DEPRECIATION
At 1 September 2022 9,778 857 10,635
Charge for year 8,726 547 9,273
At 31 August 2023 18,504 1,404 19,908
NET BOOK VALUE
At 31 August 2023 63,526 3,102 66,628
At 31 August 2022 22,002 404 22,406
9. STOCKS
31.8.23 31.8.22
£ £
Stocks 272 225
10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£ £
Trade creditors 1 -
Other creditors 1,575 1,575
Social security and other taxes 2,157 7,033
Accrued expenses 915 799
4,648 9,407

continued...

Page 9

5ives Community Sports Club

Notes to the Financial Statements-continued Notes to the Financial Statements-continued
for the Year Ended 31 August 2023
11. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.8.23 31.8.22
£ £
Other loans (see note 12) - 3,500
12. LOANS
An analysis of the maturity of loans is given below:
31.8.23 31.8.22
£ £
Amounts falling due between two and five years:
Powerleague Fives Ltd - 3,500
13. MOVEMENT IN FUNDS
Net
movement At
At 1.9.22 in funds 31.8.23
£ £ £
Unrestricted funds
General fund 80,246 (8,937) 71,309
TOTAL FUNDS 80,246 (8,937) 71,309
Net movement in funds, included in the above are as follows:
Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 137,689 (146,626) (8,937)
TOTAL FUNDS 137,689 (146,626) (8,937)
Comparatives for movement in funds
Net
movement At
At 1.9.21 in funds 31.8.22
£ £ £
Unrestricted funds
General fund 81,069 (823) 80,246
TOTAL FUNDS 81,069 (823) 80,246

continued...

Page 10

5ives Community Sports Club

Notes to the Financial Statements - continued

for the Year Ended 31 August 2023

13. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
TOTAL FUNDS
Incoming
resources
£
155,322
155,322
Resources
Movement
expended
in funds
£
£
(156,145)
(823)
(156,145)
(823)
Resources
Movement
expended
in funds
£
£
(156,145)
(823)
(156,145)
(823)
(823)

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

Net
movement At
At 1.9.21 in funds 31.8.23
£ £ £
Unrestricted funds
General fund 81,069 (9,760) 71,309
TOTAL FUNDS 81,069 (9,760) 71,309

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
TOTAL FUNDS
Incoming
resources
£
293,011
293,011
Resources
Movement
expended
in funds
£
£
(302,771)
(9,760)
(302,771)
(9,760)
Resources
Movement
expended
in funds
£
£
(302,771)
(9,760)
(302,771)
(9,760)
(9,760)

14. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 August 2023.

Page 11

5ives Community Sports Club

Detailed Statement of Financial Activities
for the Year Ended 31 August 2023
31.8.23 31.8.22
£ £
INCOME AND ENDOWMENTS
Donations and legacies
Sales & hire income 132,549 123,239
Charitable activities
Grants 4,440 32,083
Other income
Compensation 700 -
Total incoming resources 137,689 155,322
EXPENDITURE
Other trading activities
Purchases 2,850 5,254
Depreciation of tangible fixed assets 8,726 2,445
11,576 7,699
Other
Depreciation - equipment 547 71
Bank loan interest 500 -
1,047 71
Support costs
Management
Wages 68,828 76,189
Pensions 4,917 7,475
Rates 1,503 2,099
Insurance 3,414 3,623
Telephone & postages 1,329 833
Printing,stationery & adverts 460 636
Heat & light 5,657 12,481
Sundries 448 910
Referees & coaches fees 9,067 5,221
Repairs & cleaning 34,562 34,886
Subscriptions 326 453
Accountancy 1,560 1,710
Legal fees 432 432
Security costs 1,130 801
133,633 147,749
Finance
Bank charges & interest 370 626

This page does not form part of the statutory financial statements

Page 12

5ives Community Sports Club

Detailed Statement of Financial Activities
for the Year Ended 31 August 2023
31.8.23 31.8.22
£ £
Total resources expended 146,626 156,145
Net expenditure (8,937) (823)

This page does not form part of the statutory financial statements

Page 13

L089_6-Charities report - 22.2-CHA-BMC-20240 320.PDF

Final Audit Report

2024-03-23

Created: 2024-03-20 By: Brendan McNulty (brendan@kppgs.co.uk) Status: Signed Transaction ID: CBJCHBCAABAAIc8544oE0p1S_DQL2t7f7jzABCGCjqs-

"L089_6-Charities report - 22.2-CHA-BMC-20240320.PDF" Histo ry

Document created by Brendan McNulty (brendan@kppgs.co.uk)

2024-03-20 - 15:08:58 GMT- IP address: 194.140.221.98

Document e-signed by Brendan McNulty (brendan@kppgs.co.uk)

Signature Date: 2024-03-20 - 15:14:41 GMT - Time Source: server- IP address: 194.140.221.98

Document emailed to russellhenry@supanet.com for signature

2024-03-20 - 15:14:42 GMT

Email viewed by russellhenry@supanet.com

2024-03-23 - 14:02:25 GMT- IP address: 51.7.55.169

Signer russellhenry@supanet.com entered name at signing as Russell Henry

2024-03-23 - 14:11:11 GMT- IP address: 51.7.55.169

Document e-signed by Russell Henry (russellhenry@supanet.com)

Signature Date: 2024-03-23 - 14:11:13 GMT - Time Source: server- IP address: 51.7.55.169

Agreement completed.

2024-03-23 - 14:11:13 GMT