Charlty règi$tration number 1182682 (England and Wales) CARDINALS IN THE COMMUNITY ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 JULY 2025
CARDINALS IN THE COMMUNITY LEGAL AND ADMINISTRATIVE INFORMATION Trustees Lynne Newman Sam Loxton (Chairl G Taylor N Morrison T Newman (Appointed 7 May 20251 (Appointed 13 August 20251 (Appointed 7 May 20251 (Appointed 12 February 20251 Charity number 1182682 Principal address The Pavilion Woking College Rydens Way Woking GU22 9DW Independent examln•r F J Wilde FCCA MBA DChA Warner Wilde Limited 4 Marigold Drive Bisley Surrey GU24 9SF Bank8rs HSBC PO Box 160 12A North Street Guildford GU216EZ Sollcltors Moore Barf(>w Concorde House 165 Church 51reel East Woking GU216HJ
CARDINALS IN THE COMMUNITY CONTENTS Page Trustees, report Independent examiner's report Statement of financial actiwlies Balance sheet Notès to the finanaal statèments 8-19
CARDINALS IN THE COMMUNITY TRUSTEES, REPORT FOR THE PERIOD ENDED 31 JULY2025 The trustees present their annual report and financial stalemer)ts for the period ended 31 July 2025. The finan¢ial slalements have been prepared in accordance with the accounting poli¢ies sel out in notè 1 to the financial statements and comply with the charity's goveming document, the Charities Act 2011 and "Ac¢ounting and Reporting by Charitiès." Statement of Re¢owmended Practi¢e applicable to chaiilies preparing thtrir accounts in accordance with the Financial Reporting Standard applieable in the UK and Republic of Ireland IFRS 1021 (effective 1 January 20191.. ObjecVe$ and activities Th8 charrty's objects as set out in the goveming document a..- To promote for the benefit of the inhabitants of Woking and the surrounding area thÈ provision of facilities for playing football and olher sports capable of improving health. for recreation or other leisure time occupation for individuals or groups who have the need of su¢h facilities by reason of their youth. age. infirmity or disablement, financial hardship or social and economic arcurnslances or for publi¢ at large in the interests of social welfare and with the object of improving the condition of the life of the said inhabitants and there has been no changé in these during the period. Activitiès, overview and prospects Cardinals in the Community has continued lo work with over 2.000 young peopl& throughout the yèar. We have fulfilled our charitable objectives by running and supervising thè following activities." Curriculum time PE coaching After school ¢lubs Soccer sehtsols and holiday camps Walking football Girls, football Team training Chrislrllas cornmunity project Man v Fat Football academy- ages 9 10 18 Curriculum time PE eo4¢hing Working with schools to piovide a year-long programrne of PE aclivilies., we helped schools enter inler-school ¢ornpetitions and ran téams at these. We supported staff in the delivery of PE with participants aged belween 5 and 11 years. After school clubs We ran fun clubs for children in drfferenl sports during the term.. dubs would typically run for an hour al the end of the school day for children aged 5 10 11 years. Soccer schools and holiday camps 5-day soccer schools were held during the Easter and summer school holidays with participants aged belween 4 and 14 years. The morning sessions typically consisled of footb811 ski115 and drills and afternoons would be fun games. The camps weie multi sports and children have the opportunity lo try diffèrènt 5POrt5 e.g. football, netball, rounder5, cricket, hockey. Walking Football We continued to provide 5UPPOrt for the local Walking Football tearn5 to facilitatè their ability to provide weekly training and matchès. Girls. football Held on weekday evenings with girls of various age groups from 11 15. Sessions consisted of training and 5mall- sided gamès with league matches played at weekends. The aim is to encourage girf5 to progress their skills and eventually join local adult tèams.
CARDINALS IN THE COMMUNITY TRUSTEES. REPORT (CONTINUED) FOR THE PERIOD ENDED 31 JULY2025 Team training Helping local youth football teams with training on Saturday mornings. induding hèlping team coaches with drills and development of players aged 5 to 7 years. ChrSstma$ community projact A highly successful programme in partnership with local chaiilies and Woking Football Club. We raised several thousand pounds and focused on helping families struggling with food poverty by delivering food and prepared meals. In addition. Chnstmas trees were donated and we bought presents foi the families. Football Academy CITG runs Woking FC Academy and we are proud to offer a pathway to professional football. starting with players as young as 6 and 7 years old. Our coaching staff are all highly qualified, holding FA level 4 IUEFAAI and FA level 3 IUEFA Bl qualifications, and we are committed to bringing out the very best in every player. Man v Fat We continued to run a Man v Fat programme for LJP to 60 men and also partnered wtth Woking Borough Council in a Club 4 sports programme for hundreds of youngsters over the summer. Looking Forward In the coming year we are also focused on continuing and building on the following activities.. Surrey Cornmunity Football League lo support those struggling with Mental Health issues This has been running successfully and still is. First Friday monthly, from 1 prn- 4prn. Birthday parties Supporting young earèrs. Provide youngsleis wrf(h work experiencè. Supporting local Care Homes by providing weekly activity sessions to improve the mental and physi¢81 wellbeing of the residents. The Charity will focus on strenglhening our infiaslructure as a foundation for Cardin815 in the Community ènteiing a time ol fresh giowth. We will be broad6ning our fundraising and funding foundation so that we can serve and help many thousands in the Woking community during these challenging times. We also regularly meet with local schtsols, both existing and new users of thè charity lo ensure that our servicès continue lo meet their particular needs and lo discuss other areas where we ¢an provide them wilh effective assistance. The trustees have paid dije regard lo guidance issued by the Charity Commission in deciding what actiwlies the charity should undertake. Policy on grant making Small gifts are occasionally given to individuals who are in a disadvantaged 51tLJalion. Each gift is given seriou5 consideration by the trustees based on need and fulfilment of the charitable objectives. There are no upper or lower limits of support and for each de¢ision a minute is recorded at the TTUStees' Meetings. Contribution madè by voluntee Cardinals in the Community is very grateful to the volunteers who give their tirne and resources 18gulaily lo serve the organisation and to enable us lo do all that we do. Without these regular committed volunteers, w& would not be able to function or achieve our objectives.
CARDINALS IN THE COMMUNITY TRUSTEES, REPORT (CONTINUED) FOR THE PERIOD ENDED 31 JUL Y 2025 Achievem•nts and perfomiancè Key Areas Throughout the year the charity has continued to look at three rnain areas-. firstly fitness levels of partiupants and the freqLJèn¢y that they access our seices, secondly growth in self-esteem of the participants and thirdly the delivery of our lessons within schools. Fitnes5 Levels and frequency of activity in psrticipanls Building on previous work we have continued to work closely with Active Surrey and Woking Borough Ctsuncil to identify the least active schools for PE and the lèast active areas within the 8orough of Woking. This indudes the number of school 5POrt events that schools attend, and Woking Borough Council's aim to increase activity levels in particular arèa5. Some schools only attend 01112 events throughout the year out of over 20 on offer and therè are also a lower nutnber of gids participating. In 2 areas ¢f Woking, 90°/ts ol ¢hildren do not attend any external club5. From the data we have Colleed we note that children are accessing our courses more than ollce, many sign up for the after schools, clubs for the whole of the school lemi. We hav@ tried lo be diverse in the 5POrts we offer to appeal to all Children. The schools where we act as PE Coordinators now attend up to 10 events per year in varying sPOrt5. Vvhen delivering PE in schools we perform baseline fitness tests once a year. We are responsiblè for willing reports on children at the end of the school year. Our dats shows that fitness 1gvèl$ in most participants have increased and, lo help this improve, we have worked with schools and now spend time during a lesson explaining the importance of fitness, exercisè and heatthy eating. Growth in self-esleem. The most notable growth in self-esteem has been within our pioneering Surrey Community Football League ISCFL} programme. Many ol the teams have reported to us that people are returning lo work either on 8 part-lime or full- time basis. The above activfcies have a significant, positive impact on our community. Financial revièw Highlights of the finances for the first accounting period are as follows". With the rnanagemènt team. the Trustees agree a budget (incomè and expendilurel at the start of the year and this is monitored closely Ihiough the year with the Trustees receiving monthly written reports a5 well as verbal reports during Trustee meetings. The financial pèriod end has been moved lo 31 July to more Closely align with our recurring incomè slrearns and oulgoings. Total incorne for the 116 month} year ending 31st July 2025 was £652,870and lolal resourcas expended w6r8 £666,551. Wè finish the period with an unrestricted defial of approximately £34,243 and an unrestri¢ted fund deficit balance of £14,603. The trustees are taking steps lo both incrèase future unrestricted revenue and are confident that the charity is viable in the long temi. The trustees have assessed the majoi risks lo which thè Charity is exposed. and are satisfied that syst8rHs are in place to mitigate exposure to the major risks. Structure, governance and management The charity is a Chaiilable Incorporaled Oiganisalion regist&red on 28th March 2019.
CARDINALS IN THE COMMUNITY TRUSTEES, REPORT (CONTINUED) FOR THE PERIOD ENDED 31 JULY 2025 The trustees who served during the period and up lo the date of signature of tha financial statements were.. Lynne Newman D Jespersen Simon Webb Sam Loxton (Chairl G Taylor N Morrison T Newman (Resigned 7 July 20251 (Resigned 31 January 20251 (Appointed 7 May 20251 (Appointed 13 August 2025} {Appointed 7 May 20251 (Appointed 12 Fèbruary 20251 The Trustees have resolved that whenever a trustee departs, a skills audit of thè remaining tn2s1ees will be carried out. Effort5 to recruit a replacement will take acctsunl of the skills audit and the 5ki11s being lost by the departure. Consideration will also be given at that lime to any other skills that the truslees feel should bè added to supplement thosè of the existing Iruslees. Woking Football Club Limited may 8ppoinl up lo two trustees to the charity nominated by the Football CILJb Board. At this time George Burnett is Football Club Trustee and a representative of the football club attending meetings to help maintain a pos11ive link wrth our primary partner. Decision making structure The day-to-day work of thè charity is managed by a small staff leadership team and all decision-making authority is delegated to this team. The leadership team reports to the Trustees regularfy and report5 on progre55, ISSU8S. finanS, and any other relevant iterns. Trustees also offer relevant expertise and advice. The trustees, ieport was approved by tha Board of Trustees. Sam Loxton (Chairl Trusts¢ D81e'.
CARDINALS IN THE COMMUNITY INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CARDINALS IN THE COMMUNITY I report to the trustees on my examination of the finan¢ial statements of Cardinals in thè Communty Ithe ¢harityl for the period ended 31 July 2025. Re$ponsibiliti•s and basis of rèport As the IIu51ees of the charity you are responsible for the preparation of the financial statements in accordance wilh the requirements of the Charities Act 2011. I report in respect of my examination of the charity's financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed thè Directions givèn by the Charity Commission undei section 14515)Ibl of the Chariti85 Act 2011. Independènt examiner's ststement SinTr the charity's gr055 income exceeded £250,000. the independènt exarniner must be a member of 8 body listed in section 145 01 the Charities Act 2011. 1 confim that l am qualifiéd lo undertake the examination because l am a mernber of theAsso¢iation of Charteied Certified Aewunlanls, whith is one of the listed bodies. Your attention is drawn to the lael that the charity ha5 prepared the finanaal stalerllents in accordance with the felevant version of the Statèment of Recommended Practieè applicable to chaiities preparing their finanryal statements In acoordance with the Finanaal Reporting Standaid 8pplicable in the UK and Republic of Ireland IFRS 1021 in prèference to the Aecounting and Reporting by Chariti8s.' Statement of Recomrnended Practice issued on 1 April 2005 which is referred lo in the extant regulations but has now been withdrawn. l understand that this has been done in order for the financial statemen15 to provide a true and fair view in accordance with UK Generally Aceèpled Accounting Piaclice. I have completed my examination. I confirm that no matter5 have come to my attention in connection with the èxamination giving me cause lo believe that in any material respect.. a¢counling records were not kept in respect of the charity as required by Section 130 of the Charities Act 2011. the financial statements do not accord with those records," 01 the finanoal statements do not comply with the applicable requirements conceming the form 8nEI content of financial ststements set out in the Charitie5 (Accounts and Reports) Regul81ions 2008 other than any requirerrenl that the financial statements give a true and fair view. which is not a matter considered as part of an independent examination. I have no Concerns and havo come across no other matters in connection with the examination to whieh attention should bè drawn in this report in order to enablé 8 proper undèrstsnding of the financial statements to b8 reached. F J Wilde FCCA MBA DChA Warner Wilde Limited 4 Marigold Drive Bisley Surrey GU24 9SF Dale.. lol
CARDINALS IN THE COMMUNITY STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE PERIOD ENDED 31 JULY2025 Unrestricted Restrictéd funds funds 2025 2025 Total Unrestrictèd Restrictad funds nds 2024 2024 Totsl 2025 2024 Notes In¢ome from: Donations and legacies Charitable actiwties Investments 78,854 421,507 33 13.108 139.368 91,962 560,875 33 51,611 295.725 15.668 55.625 67,279 3S1,350 Totsl income 500,394 152,476 652,870 347,447 71,293 418,740 Expenditure on: Raising funds Charitable aoliwlies 1,830 555.580 1,830 664,721 75 365,180 75 475,716 109,141 110,536 Total expendltur¢ 557,410 109,141 666,551 385,255 110,536 475,791 Net incomèllexpenditur•l 157,0161 43.335 113,687) {17,8081 139,2431 157,0511 Transfers between funds 91,259 191,259} 154.4841 54,484 Nèt movement In funds 34,243 147.9241 113,e81) 172,2921 15,241 157.0511 Reconciliatron of funds.. Fund balances at 1 April 2024 {48.846) 73,027 24,181 23.446 57,786 81,232 Fund balances at 31 Juty 202S 114,6031 25,103 10.500 148,8461 73,027 24.181 The statement of financial activities in¢ludes all gains and losses recognised in the period. All incorne and expenditu derive from wnlinuing activities.
CARDINALS IN THE COMMUNITY BALANCE SHEET AS AT31 JULY2025 2025 2024 Notes Fixed assets Tangible assets 13 19,786 23,942 Current assets Stocks Debtors Cash at bank and in hand 14 15 2,317 22,204 31,379 240 41,137 17.248 55,900 58,625 Creditors.. amounts falling due wlthin one y&ar 16 {65,1861 (58,3881 Nèt ¢urrent Iliabilitiesllass•ts 19,2861 239 Total ass•ts less current liabilities 10.500 24,181 The funds ofthe charity Restricted incomè funds Unrestrict&d funds 19 20 25,103 114,8ts31 73.027 148,8461 10,500 24,181 g ...JwW...20? Thè financial statements were approved by the trustees on ......... Sam Loxton (Chairl Trustee
CARDINALS IN THE COMMUNITY NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 JUL Y 2025 Accounting policles Charity infomiation Cardinals in the Comrnunty is a Charitable Incorporated Organisation. 1.1 Reporting pérlod Thè charity has changed its reporting year end fiom 31 March lo 31 July and 15 therefore reporting for a sixteen month accounting period in these financAal slalemenls. The rea50n for the ¢hange is to align the year end with the natural cycle of many of ils activities whi¢h align with the academic yeai. This longer reporting period needs to be taken into account when comparing the activity for th8 period against the preceding year. 1.2 Basis of preparation The financial statements have been prepared in accordance with the charity's governing document. the Charities Act 2011 and "Accounting and Reporting by Charities." Statement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective 1 January 20191" The charity 1$ 8 Public Benefit Entity as defined by FRS 102. The Charity has taken advantage of the provisions in the SORP for charities appiying FRS 102 Upd81e Bulletin I not lo prepare a Stslement of Cash Flows. The financial slalements have departed from the Charities (Accounts and Reports) Regulations 2008 only Its the extent required to provide a true and fail view. This departure has involved following the Statement of Recommènded Practice for charities applying FRS 102 ialher than the version of the Statement of Recommended Practice which is referred to in the Regulats"ons but which has Sin been withdrawn. The financial stateménts are prepared in sterling. which is the function81 currency of the charity. Monetary amounts in these finanrAal statements are rounded to the nearest £. The financial statements have bèen prepared under the historical cost convention. The prinapal aunting policies adopted are set out below. 1.3 Golng concern These financial statements are prepared on th@ going concem basis. The trustees have a reasonable expectation that the charity will continue in operational existencè for the foreseeable future, however, the trustees are aware of certain tnalerial uncertainties which may cause doubt on the charity's ability to continue as a going concern. Please refer to the financi81 review in the Tiuslees Annual report. the charity has had a challenging financial year bul the trustees have taken action to identify activities which generatè a surplus, those generating a deficit, to budget effectively and plan to operate within a budgeted surplus. 1A Charitabl• funds Unrestricted funds are available for use al the discrètion of the t¥ustees in furtherance of their charitable objectives. Re511icled funds are subject to specific conditions by donors or grantor$ 8s lo how they may be used. The PUIPOses and uses of the restricted funds are s6t out in the notes to the financial siatements. Endowment funds are subject to spè¢ific conditions by donors that the capital must be maintained by the charity. 1.5 Incom& Income is recognised when the charty is legally entitled to it 8fter any performan condrtions have been met, the amounts can be measured reliably. and il is probabla that income will be received.
CARDINALS IN THE COMMUNITY NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE PERIOD ENDED 31 JULY 2025 Accounting polici&$ (Continued) Cash donations are recognised on receipt. Other donations are recognised once thè charity has been notified of the donation, unless performance wnditions reouire deferral of the amount. Income tax rÈ¢overable in relation to donations received undèr Gift Aid or deeds of covenant is recognised al the lime of the donation. Legacies are recognised ori receipt or otherwise if the charity has been notified of an impending distribution. the amount 15 known, and receipt 15 expected. If the amount is not known, the legacy is Iiealed as a contingent asset. 1.6 Exp&nditure Expenditure is recognisèd On there is a legal or eonslruclive obligation to make a payment lo a third party. il is probably th81 settlemènt will be required and the smount of the obligation Ixn be measurad reliably. Irrecoverable VAT is d)ar9ed as a Cost against thè activity for which the expendituie was ineurred. 1.7 Tangible fixed assets Tangible fixed a$5els are initially measured al cost and subsequently measured al cost or valuation, net of depreciation and any impaimenl losses. Depiecialion is rècognised so as lo write off the cost or valuation of assets less their residual values over their useful lives on the following base5'. Office equipment Outside equipment Computers 200 reducing balance 2510 reducing balan¢e 25°A reducing balance Thè gain or loss arising on the disposal of an asset is detemined as the difference been the sale proceeds and the carrying value of Ihe asset, and is recognised in the statement of financial activities. 1.8 Impairrnent of fixèd assets Al each rèportillg end dale. the charity reviews the carrying amounts of ils tangible assets to rlelermine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of thè asset is estimated in order to determine the extent of the impairment loss lif any). 1.9 Stocks Stocks are staled at the lowèr of cost and estimated selling price less costs. Nèt realisable value is the estimated selling price less all estimated costs of completion and cosis lo be in¢urred in marketing, selling and distribution. 1.10 Cash and Cash equivaknts Cash and cash equivalents include cash in hand, deposits held at call with banks, other 5hort-temi liquid investments with original maturitie5 of three months or less. and bank 0rd[3fts. Bank overdr8fts are shown within borrowings in current liabilities.
CARDINALS IN THE COMMUNITY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED} FOR THE PERIOD ENDED 31 JUL Y 2025 Ae¢ounting polici Icontlnuedl 1.11 Financial instruments The charity has elected lo apply the provisions of Section 11 '8asic Financial Instruments, and Section 12 'Olher Financial Inslrum&nts15sues' of FRS 102 to all of ils financial instruments. Financial instrLJmenls arè reoognised in the charity's balan sheet when the ¢harrty becomes party lo the contractual provisions of the instrutnenl. Financial assèts and liabilities are offset, with the net amounts presented iri the fin8ncial statemellls, when there is a legally enforceable right lo set off the recognised amounts and there is an intention to sèttle on a net b851s or to realise the asset and settle thè liability simultaneously. Basic flnancial assèts Basic financial assets, whi¢h include debtor5 and eash and bank balances, ale initially measured at transaction price including transaction cos15 and are subsequently eariied at amortised cost using the effective interest method unless the arrangement constitutes a finann9 transaction, where the transaction is measured al the present value of the future receipts discounted at a market ralè of interest. Financial assèts classified 85 receivable wrfthin one year are not amort15ed. Basic financlal IITabilities Basie financial liabilities, including creditors and bank loans aré initially recognised at transa¢tion price unle55 the atrangement conslilutes a financing transaction. where the debt instrument is measured al the present value of the futu payrnents discounted at a maiket rate of intere51. Financial liabilities ela55ified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effectivè inleresl rate method. Trade creditors are obligations to pay for goods or services that have been a¢quired in the ordinary course of operations from suppliers. AmoLJllls payable are dassified as current liabilities if payment is due within one year or less. If not. they are presented as non-current liabilities. Trade creditors are recognised initially at transaction pri¢e and subsequently measu al amortised cost using the èffective interest method. Dereeognition of financial lialjilities Financial liabilities are derecognised when the charity's contractual obligations expira or ale discharged or cancelled. 1.12 Employ•e benefits The cost of any unused holiday entitlement is recognised in the period in which the èmployee's services are reived. Teminalion benefits are fecognised imtnedialely as 8n expense when the charity is demonstrably committed to teiminale the employment of an employee or to prowde temiination benefits. 1.13 Rètirement ben•fits Payments lo defined contribution retiremant benefit schemes are chargèd as an expense as they fall du8. 10
CARDINALS IN THE COMMUNITY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE PERIOD ENDED 31 JULY 2025 Critical accounting estimats¥ and judgèments In the application of the charity's acc4)unting policies, thé Iruslees are rèquired lo maktr judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and assoaatÈd assumptions ale based on historical experience and othèr factors that are considered lo be rèlevant. Actual results may differ from these eslimales. The eslimales and underfying assurnplions are reviewed on an ongoing basis. Rewsions to accounting e51imatÈS are recognised in the period in which the estimate is revised where the revision affeds only that period, or in the period of the revisitsn and future p8riods where the revision affects both current and future periods. Income from donations and lègacies Unrestricted Re¥tricted funds funds 2025 2025 Total Unrèstricted R•$tricted funds nds 2024 2024 Total 2025 2024 Donations and gifts Grants Membership fees 50,054 10,500 18.300 3,108 10.000 53.162 20,500 18,300 47,106 58 15,610 47.164 15.810 4,505 4,505 78.854 13,108 91,962 51,611 15,668 67,279 In¢ome from charitsble actlvitlè$ Unrestricted Restrlcted funds funds 2025 2025 Total Unrestrictèd Restrictad funds fvnds 2024 2024 Totsl 2025 2024 Charitable actlvitie$ Sale of good5 Ancillary trading income Charitable rental income 268,847 33.770 118.890 268,847 33,770 258,258 254,107 41,618 254.107 41,618 55,625 139,368 55,825 421.507 139,368 560,875 295.725 55,625 351,350 Charitable Rental Income represents the income generated from renting the 3G piteh lo entities external lo the charity. The charity also uses the 3G pil¢h and pavilion and has transferrèd the value of th31 use into the 3G pil¢h restricted fLJnd in accordan¢e with the management agreement, the purpose of which is the maintènance ot the pitch and pavilion. The valuè of the charity's use of the pitch and pavilion in the year is £60,14912024.. £54,484).
CARDINALS IN THE COMMUNITY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE PERIOD ENDED 31 JULY2025 Income from invostmènts Unrestslcte(l Unrèstrtcted funds funds 2025 2024 Inl@resl re¢eivable 33 Expenditure on raising funds Unrestricted Unrestrictèd funds funds 2025 2024 Fundrai¥ing and publicity Advertising 1,830 75 12-
CARDINALS IN THE COMMUNITY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE PERIOD ENDED 31 JULY 2025 Expèndlture on charltsble activities Charitable activitiès 2025 Charitable activiUè$ 2024 Direct costs Staff costs Depreciation and impairment Freelance staff Team and Player insurance Match offiaals Other match expenses Pitch and Venue hir6 Registration fees Footballs and other consumabl&s Travel and tour costs Kil purchases and deaning Physios and medical costs Other direct costs Hire of 3G Fa¢ilicy Sinking fund contribulion-pitch Sundry expenses 359,821 4.156 34,013 927 14,276 1,863 18,227 11,494 2,029 32.382 36.936 4,261 4,082 56,650 199,499 2,814 19,922 467 10,078 2,577 14,901 9.879 2,102 53,399 34.903 24,397 7,780 10.000 5,558 584.083 398,276 Sharo of support and governance costs Isee nots 81 Support Governance 69,937 10,701 68,184 9.256 664,721 475,716 Analysis by fund Unrestricted fund5 Restrieled funds 555,580 109,141 365,180 110,536 664,721 475,716 13-
CARDINALS IN THE COMMUNITY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE PERIOD ENDED 31 JULY2025 Support costs allo¢ated to actlvltltrs 2025 2024 Staff costs Printing, postage and stationery Insurance Light. heal and water Computer and IT wsts Telephone and internel Cleaning Maintenance and small equipment offi rental Safety and Iirsl aid Govemance cost5 15,379 705 2,191 38,136 985 1,825 4,778 4.040 224 5,166 34,158 803 3,096 3,193 13.957 6,667 2.673 10,701 145 9,256 80,638 77,440 Anatys•d bÈtsveen: Charitable activits'es 80,638 77,440 2025 2024 Governanee costs comprls•'. Independent examination fee Bank charges Legal and professional Payroll costs 2,106 1,988 2,150 4,457 1,614 1,566 3,155 2,921 10,701 9,256 Net movèment in funds 2025 2024 The nel movement in funds staled after chargingllcredilingl.. Fees payable for the independent examination of the charitvs financial statements Dèpreciation of owned tsngible fixed assets 2.106 4,156 1,614 2,814 10 Tru$tees None of the trusteès lor any persons conne¢ted with them) received any rernuneration or benefrts frorn the harity during the pèriod. 14-
CARDINALS IN THE COMMUNITY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE PERIOD ENDED 31 JULY 2025 11 Employaes The average monthly nurnber of employees during the period was.. 2025 Number 2024 Number Employèès 19 15 Employment costs 2025 2024 Wages and salaries Social security costs Other pension costs 33g.854 13,457 6,510 198.T18 12,203 3,897 359.821 214.878 There were no employeès whose annual remuneration was morè than £60,OOCI. 12 Taxation The charty is exempt from taxation on its actiwlies because all its income is applied for charitable purpose5. 13 Tangible fixed ass•ts OutsldÈ equlpment ¢omputers Total èqulpmont Cost AI 1 April 2024 3,800 21,067 6,829 31.696 At 31 July 2025 3,800 21.[7 6,829 31,696 Depreciation and impairment Al 1 April 2024 Depreciation charged in the period 1,707 530 2,623 2.582 3.424 1.064 7.754 4,156 At 31 Juty 2025 2.237 5,185 4,488 11,910 Caryying amount At 31 July 2025 1,563 15,882 2,341 19,786 Al 31 March 2024 2,093 18,444 3,405 23,942 15-
CARDINALS IN THE COMMUNITY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE PERIOD ENDED 31 JULY 2025 14 Stocks 202S 2024 Finished goods and goods for resale 2,317 240 15 Debtors 2025 2024 Amounts falling duè within one year. Trade debtors Prepayments and accrued incomtr 10,112 12.092 30,460 10,677 22,204 41,137 16 Creditors: amounts falling duè within one y•ar 2025 2024 Notes Other laxalion and social security Deferred income Trade creditors Othei creditors Accruals 4.597 54,386 3.645 250 2,308 3.517 32,623 6,859 1,802 13,585 17 65,186 58,386 17 Dèfèrred incoma 2025 2024 Other dèfèrred income 54,388 32,623 Deferred income is induded in the financial statements as follows.. 2025 2024 Deferred income is included within.. CLJrrent liabilities 54,386 32,623 Movements in the period.. 16
CARDINALS IN THE COMMUNITY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE PERIOD ENDED 31 JULY 2025 17 Deférrèd income Icontinuèdl DèferTed incomè al 1 April 2024 Released from previous periods Resource$ deferred in the period 32,623 (32,6231 58,886 30.244 130,2441 32,823 Deferred income al 31 July 2025 58.886 32,623 Wamlngl Figurns do nol agreè by.. 14,500} 18 Rètirement bènefrt schem8$ 2025 2024 Defined contribution s¢hemes Charge lo profit or loss in respect of defined contribution schetnes 6,510 3,897 The ¢harity operates a defined contribution pension scheme for all qualifying employees. The assets of the schèrlle are held separately from those of the charity in an independendy adrninistered fund. 19 R•$tricted fund$ The restrictèd funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific condi150n5 by donors as lo how they may be used. At 1 April 2024 Incoming resourcès Resources expended Trnnsfers At 31 July 2025 National Trust League- Primary Stars Woking Borough Council 3G Pitch Relum of Supporters Chri5trnas Projè¢t Club4 HAFXmas 10,000 10,000 61,032 4.888 5.021 2,086 139,388 1109,1411 191,2591 4,888 8,129 2,086 3.108 73.027 152,476 1109,1411 191,259} 25,103 17-
CARDINALS IN THE COMMUNITY NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE PERIOD ENDED 31 JUL Y 2025 19 Restricted fvnd5 IContinu•dl Prevlou¥ year: At 1 April 2023 Incoming resources Resources expended Trdnsfers At 31 March 2024 Opportunities forAII Woking Borough Council 3G 12.500 112,5001 46,383 4,888 4.429 2.086 55.625 195,4601 54.484 Return of Supporters Christmas Project Club4 HAF Xmas National Grant 2023124 Girls and Women 61.032 4,888 5,021 2,088 1,168 15761 2,000 {2,0001 57.786 71,293 1110,5361 54,484 73,027 Primary Stsrs- A National League Trust grant for coathing primary school age children. Opportunities for All A National League Trust grant to support, develop and improve the delivery of community programmes. Woking Borough Coun¢il 3G Pitch - Management of the 3G pitch facilities. Club4 HAF Summer & Club4 HAF Xmas funding for holiday ¢arnps linduding food. sports and other aetiviliesl during the summer and Ghristrnas holidays. There wa5 an underspend on the Summer project, which has beon agreed with the funder., the underspend is to be retained by the Charity as UnstrIcted funds. Return of Supporters- Stadia irnprovement funding. 20 Unrestrl¢ted funds The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specif5c conditions by donors and grantors as to how they may be used. These include designated funds which have beèn Sel aside out of unrestricted funds by the trust8es for specific purposes. At 1 April 2024 Incoming resources Resourcè$ expènded Transfèrs At 31 July 2025 General funds 148.8461 500,394 1557.4101 91,259 114,6031 Prevlous year.. At 1 April 2023 Incoming resourcès Resourc•s expended Transfers At 31 March 2024 General funds 23.446 347,447 1365,2551 154,4841 148,8461 18-
CARDINALS IN THE COMMUNITY NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI FOR THE PERIOD ENDED 31 JUL Y 2025 21 Anatysis of nèt assets bets¥••n funds Unrestrlcted funds 2025 Restslctèd funds 2025 Totsl 2025 At 31 July 2025: Tangible assets Current asselsllliabilitiesl 15,3171 19,2861 25,103 19,786 19.2861 114.6031 25.103 10,500 untricted funds 2024 Restricted funds 2024 Total 2024 At 31 March 2024: Tangible assets Current assetsllliabilikn'esl 149,085) 239 73.027 23,942 239 148,8481 73,027 24,781 22 R*lated party transactions There werè no disclosable related party transactions during the period {2024- none}. 19-