DocuSign Envelope ID: 864AB6A3-DE5E-47DB-AAB2-879D0A40E0C8
Eagles United Football Club
Legal and administrative information
For the year ended 31 August 2023
Company number CE019246 Charity number 1185888 Registered office address Eagle House 163 City Road London,EC1V 1NR Operational address Childs Hill Park Granville Road London, NW2 2AL Secretary Sead Haxhijaha Trustees Trustees, who are also Directors under Company Law, who served during the year and up to the date of this report were: Dr Fatos Berisha (Chair) Sead Haxhijaha (Secretary) Driton Koshutova Donika Mustafa Arben Hyseni Bankers Natwest Bank Address: Swiss Cottage
Accountants
106 Finchley Road London NW3 5JN Solid Ltd Eagle House 163 City Road London,EC1V 1NR
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DocuSign Envelope ID: 864AB6A3-DE5E-47DB-AAB2-879D0A40E0C8
Eagles United Football Club
Report of the trustees
For the year ended 31 August 2023
The Trustees present their report and the financial statements for the year ended 31 August 2023.
Reference and administrative information set out on page 1 forms part of this report. The financial statements comply with current statutory requirements, the Memorandum and Articles of Association and the Statement of Recommended Practice (SORP) - Accounting and Reporting by Charities (issued in March 2005).
Structure and governance
Eagles United Football Club is an incorporated club and registered as a charity on 21 October 2019. The serving trustees agree to contribute an amount not exceeding £10 in the event of the club being dissolved while he or she is a member, or within twelve months after he or she ceases to be a member.
Management and control
The organisational structure places overall responsibility of the charity upon the Board whichis lead by Dr Fatos Berisha as Chair of the Board of Trustees .
Aims and Objectives
•The purpose of the charity remains the advancement the sport and social education of children and young people living in the London boroughs of Barnet, Enfield, Haringey and Islington, by the provision of training and facilities for playing football.
•Ultimately, Eagles United’s vision is to become THE grassroots football club of choice for children in our community.
ACHIEVEMENT AND PERFORMANCE:
Sporting-wise, our collective efforts enabled Eagles United teams to achieve some notable successes, the key ones is that we won the First Phase and reached the Semi-Final of the League Cup in the London Youth Premier Showcase with U17/18’s.
Qualified for the Super League Second Phase and reached the Semi-Final of the League Cup in the London Youth Premier Showcase with U16’s.
Reached the Semi-Final of the Cup with U14’s in the Regent’s Park Youth League and the Play-Off Final with the U13s in the Regent’s Park Youth League.
Started the Eagles United FC Girls team in March 2023 in partnership with the Burnt Oak Leisure Centre and the London Borough of Barnet. Started with only a few girls but numbers increased steadily as the season went on.
We started a collaboration with Steven Caulker, a former Liverpool, Tottenham and Wigan player. He held a couple of training sessions with the boys and spoke to them about his experiences as a Premier League Player.
Also we had Sam Cox, Tottenham Academy Coach and Guyana International over for a number of training sessions with our boys teams.
Secured multiple donations through monthly standing orders from local businesses and successfully organised and ran the Annual Summer Tournament at Childs Hill Park.
FUTURE PLANS
players, hopefully resulting in improvements in their mental and physical well-being and further collective and individual successes.
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To achieve this we were also planning to partner up with Barnet Council, following promising initial discussions, to jointly carry out extensive work on the Childs Hill Park pitch this summer, including significant improvements like installing primary drainage, resurfacing and re-grading of the pitch.
To achieve this we are continuing our efforts to partner up with Barnet Council, following promising initial discussions, to jointly carry out extensive work on the Childs Hill Park pitch this summer, including significant improvements like installing primary drainage, resurfacing and re-grading of the pitch.
Challenges:
Our key challenge is still the poor pitch condition at Childs Hil Park. This remains an ongoing concern for the club. The pitch has deteriorated badly over the last few years and our discussions and partnership with Barnet Council remain crucial for allowing us to make the necessary expensive repairs and upgrades. We are still having to book alternative pitches for our training sessions during the winter months due to the waterlogged pitch at Childs Hill, at a significant cost to the club and charity.
Financial Review
Result for the year: Total income for the year was £93,108 (2022;£101,816) which was mainly from individual donations and voluntary income without which the Eagles United Football Club would not have generated the current range and volume of football training and coaching activities.
During the year Eagles United made a nett surplus of £1,244 (2022: surplus of £19,614).
Investment Powers
Eagles United Footbal Club has no investment assets and its cash funds are held in a Natwest Bank current account.
Risk Management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. The organisation has in place a risk assessment policy, whistle blowing policy and anti-fraud, and theft and corruption policy. We also ensure that all independent examination reports are placed before the Board of Trustees for their perusal.
Statement of Responsibilities of the Trustees
The trustees are required to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charity and the incoming resources and application of resources, including the net income or expenditure, of the charity for the year. In preparing those financial statements the trustees are required to:
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select suitable accounting policies and then apply them consistently;
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make judgements and estimates that are reasonable and prudent;
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state whether applicable accounting standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements; and
· prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which enable them to ensure that the financial statements comply with the Companies Act 2006.The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for prevention and detection of fraud and their irregularities.
This report has been prepared in accordance with special provisions of the Companies Act 2006 relating to small companies.
On behalf of the board of Trustees:
............................................... 29-05-2024 | 11:37 AM PDT Dr Fatos Berisha – Chair Date ..............
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DocuSign Envelope ID: 864AB6A3-DE5E-47DB-AAB2-879D0A40E0C8
Independent Examiners' report
To the members of
Eagles United Football Club
I report on the accounts for the year ended 31 August 2023.
Responsibilities of the Directors for the preparation of accounts
The charity’s Trustees (who are also the Directors of the Company for the purposes of company law) are responsible for the preparation of the accounts in accordance with the Companies Act 2011 ("the 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 Act"). In carrying out my examination I followed the directions given by the Charities Commission under Section 145(5)(b) of the 2011 Act.
I can confirm that I am qualified to do the examination because I am a registered member of the Chartered Institute of Management Accountants (CIMA) which is one of the listed bodies.
It is my responsibility to :
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Examine the accounnts under section 145 of the Charities Act
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to follow the applicable Directions given by the Charity Commission (under section 145(5)b of the
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Act, and
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to state whether particular matters have come to my attention
Basis of Independent Examiner`s Statement
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concernng any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a "true and fair" view and the report is limited to those matters set out in the statement below.
Independent Examiner`s Statement
In connection with my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect:
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the accounting records were not kept in accordance with section 130 of the Charities Act; or
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the accounts did not comply with the accounting records; or
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the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
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.
| Signed : Name Professional Qualification Address |
|
|---|---|
| Solid Ltd,163 CityRoad,London,EC1V 1NR |
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DocuSign Envelope ID: 864AB6A3-DE5E-47DB-AAB2-879D0A40E0C8
Eagles United Football Club
Statement of financial activities (incorporating an income and expenditure account)
For the year ended 31 August 2023
| Restricted Note £ Incoming resources 2 - 3 - Other incoming resources 4 - Total incoming resources - Resources expended Charitable activities Youth Football Training - Youth Coaching and Mentoring - Management, Fundraising & Operation - Governance - Total resources expended 5 - Net movement in funds - Reconciliation of funds Total funds brought forward Total funds carried forward - Voluntary Income Incoming resources generated from grants |
Unrestricted £ 80,467 8,763 3,877 93,108 51,511 17,995 13,874 8,485 91,864 1,244 48,188 49,432 |
2023 Total £ 80,467 8,763 3,877 93,108 51,511 17,995 13,874 8,485 91,864 1,244 48,188 49,432 |
2022 Total £ 52,490 38,605 10,720 |
|---|---|---|---|
| 101,816 | |||
| 37,451 26,996 10,427 7,327 |
|||
| 82,201 | |||
| 19,614 28,574 |
|||
| 48,188 |
All the above results are derived from continuing activities. There were no other recognised gains or losses other than those stated above. Movements in funds are disclosed in Note 10 to the financial statements.
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DocuSign Envelope ID: 864AB6A3-DE5E-47DB-AAB2-879D0A40E0C8
Eagles United Football Club
Balance sheet
As at 31 August 2023
| Note £ Fixed assets 7 4004 Current assets Debtors 8 6,353 Cash at bank and in hand 44,457 50,810 Liabilities Creditors: amounts due within one year 9 -5,382 Net current assets Net assets 10 Funds 10 Restricted funds Unrestricted funds Total charity funds |
2023 £ 49,432 49,432 0 49,432 49,432 |
2022 £ 3,136 8,655 46,027 |
|---|---|---|
| 54,683 (9,630) |
||
| 48,188 | ||
| 48,188 | ||
| - 48,188 |
||
| 48,188 |
For the year ending 31 August 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Directors acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and for the preparation of accounts.
The accounts were approved by the Board of Trustees and were signed on its behalf by:
............................................ 29-05-2024 | 11:37 AM PDT Dr Fatos Berisha – Chair Date:
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DocuSign Envelope ID: 864AB6A3-DE5E-47DB-AAB2-879D0A40E0C8
Eagles United Football Club
Notes to the financial statements
For the year ended 31 August 2023
1. Accounting policies Income
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a) The accounts have been prepared under the historical cost convention, with items recognised at cost or transaction value unless stated in the relevant note(s) to these accounts.The accounts have been prepared in accordance with the Statement of Recommended Practice :Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and with the Charities Act 2011.
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b) All incoming resources are included on the Statement of Financial Activities (SoFA) when ; • the charity becomes entitled to the resources;
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it is more likely than not that the trustees will receive the resources; and
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the monetary value can be measured with sufficient reliability.
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c) Grants and donations are only included in SoFA when the general income recognition criteria are met (5.10 to 5.12 FRS SORP)
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e) In the case of performnce related grants, income is only recognised to the extent that the Charity has provided the specified goods or services as entitelement to the grant only occurs when the performance related contitions are met (5.16 FRS 102 SORP)
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f) The Charity has received no Government grants in the reporting period
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g) Gift Aid receivable is included in income when there is a valid declaration from the donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift and is treated as an addition to the same fund as the initial donation unless the donor or yerms of the appeal have specified otherwise.
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h) Contractual income and performabnce related grants are only included in SoFA once the charity has provided the relaated good or services or met performance related conditions.
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i) Donated services and facilities are included in SoFA when received at the value of the gift to the charity provided the value of the gift can be neasured.
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j) Donated services and facilities that are consumed immediately are recognised as income with an equivalent with an equivalent amount recognised an an expense under the appropriate heading in SoFA.
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k) The Charity has incurred expenditure on support costs.
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l) Income from interest is included in the accounts when receipt is probable and the amount receivable can be measured reliably.
Expenditure and liabilities
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m) Resources expended, which include irrecoverable VAT, are recognised in the period in which they are incurred unless they relate to future events in which case they are shown as deferred expenditure on the balance sheet at year end
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n) Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainity.
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DocuSign Envelope ID: 864AB6A3-DE5E-47DB-AAB2-879D0A40E0C8
Eagles United Football Club
Notes to the financial statements
For the year ended 31 August 2023
- o) Support costs have been allocated between governance costs and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice.
Support costs include central functions and have been allocated to activity costs categories on a basis consistent with the use of resources.
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p) The charity made no redundancy payments dueing the reporting period.
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q) The charity is exempt from corporation tax on its charitable activities.
2. Voluntary income
| Restricted Funds 2023 £ Training Fees Player Registration Tournaments Total - 3. List of donations Funds £ Fatos Berisha B R&R Kastati Ltd t/a Casa Dino Givingforce Foundation org Donika Mustafa Sweetstar Trading Limited Solid Limited Grant Donation Amazon Smile Giving Monthly recurring donations Other donations including Benefits in Kind - 4. Other Incoming resources Restricted Funds £ Interest received EUFC Kit - Total other incoming resources - Other Income Sponsorship Total grants received Creative Deer Ltd |
Unrestricted Funds 2023 £ 61,655 13,898 4,915 |
|---|---|
| 80,467 | |
| Funds £ 4200 65.92 3835 662 |
|
| 8,763 | |
| Unrestricted Funds £ 430 3,067 380 |
|
| 3,877 |
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DocuSign Envelope ID: 864AB6A3-DE5E-47DB-AAB2-879D0A40E0C8
Eagles United Football Club
Notes to the financial statements
For the year ended 31 August 2023
5. (continued)
| Staff costs and numbers Salaries and wages Employer's NI Total emoluments paid to staff were: No employee earned more than £60,000 during the year. The average monthly number of employees during the year was: Head Coach Part time Employees/ Coaches Number of full-time & part time staff |
2023 £ 14,595 111 14,706 2023 1 7.0 8.0 |
2022 £ 14,595 111 |
|---|---|---|
| 14,706 | ||
| 2022 1 7.0 |
||
| 8.0 |
6.
Taxation
No provision has been made for corporation tax in view of the company`s charitable status
7. Tangible fixed assets
| Cost At the start of the year Additions in year At the end of the year |
Equipment and Fittings £ 3,216 2,291 |
|---|---|
| 5,507 |
| Depreciation At the start of the year Charge for the year At the end of the year Net book value At the end of the year At the start of the year |
80 1,423 |
|---|---|
| 1,503 | |
| 4,004 | |
| 3,136 |
8.
9.
10.
| Debtors Other debtors Prepayment Accrued Income Total Creditors: amounts due within one year Other creditors Deferred income - Training Fees and Player Registration Pension Payable Payee Control Net Wages Accruals Total Analysis of net assets between funds Fixed Assets Net current assets Creditors: amounts falling due 1 year Creditors: deferred Income Net assets at the end of the year |
Restricted funds £ - - - - - Unrestri |
2023 1,177 5,176 - 6,353 2023 1,571 1,015 30 79 2,686 5,382 £ 4,004 50,810 (4,367) (1,015) 49,432 cted funds |
2022 3,121 5,534 - |
|---|---|---|---|
| 8,655 | |||
| 2022 8,200 1,431 |
|||
| 9,630 | |||
| Total funds £ 4,004 50,810 (4,367) (1,015) |
|||
| 49,432 |
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DocuSign Envelope ID: 864AB6A3-DE5E-47DB-AAB2-879D0A40E0C8
Eagles United Football Club
Notes to the financial statements
For the year ended 31 August 2023
5. Total resources expended
| 5. | Total resources expended | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Restricted Expenditure(R.E) | Unrestricted Expenditure(U.E) | 2023 | 2022 | ||||||
| Youth Football Youth Coaching |
Total (R.E) | Youth Football Youth Coaching Management, Fundraising & Operations Governance |
Total (U.E) | Total Expenditure |
Total Expenditure |
||||
| Bank charges League Affiliations Referee Fees Home Pitch hire Hire of Winter training facilities and home pitch Purchase of Playing kit Playing Equipment/Match balls Half term camp cost Summer Tournament cost Uniforms -Coaching staff Postage Subscription Volunteer Expenses Travel and subsistence Accountancy fees |
- - - - - - - - - - - - |
1 7,357 899 1,907 11,970 3,523 - 1,139 454 5,214 89 98 658 2,491 4,200 403 - 885 819 768 17,139 17,139 4,285 4,285 895 334 77 2,321 1,423 1,095 |
1 7,357 899 1,907 11,970 3,523 1,139 454 5,214 89 98 658 - 2,491 4,200 403 - 885 1,587 42,846 895 - - 334 77 2,321 1,423 1,095 |
1 7,357 899 1,907 11,970 3,523 1,139 454 5,214 89 98 658 - 2,491 4,200 403 - 885 1,587 42,846 895 - - 334 77 2,321 1,423 1,095 |
18 2,704 2,246 1,976 9,731 7,271 52 0 0 865 7 8 0 1,868 4,200 326 0 931 14,489 31,270 696 37 106 65 12 0 80 3,245 |
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| IT, Telephones & Website | - | ||||||||
| Cleaning and Laundry Office supplies/Utilities legal and professional Staff costs Training ,Welfare and Recruitment Equipment Office Repairs and Maintenance Pitch maintenance First Aid Bad Debt Written off Depreciation Marketingcost |
- - - - - - - - |
||||||||
| TOTAL | - - | - | 51,511 17,995 13,874 8,485 | 91,864 | 91,864 | 82,201 |
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Unrestriced Staff costs are allocated according to an estimate of staff time attributed to each activity, breakdown as shown below: Football Training (40%), Football Coaching (40 %), Management, Fundraising & Operations costs (10%), Governance (10%).
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DocuSign Envelope ID: 864AB6A3-DE5E-47DB-AAB2-879D0A40E0C8
Eagles United Football Club
Notes to the financial statements
For the year ended 31 August 2023
10. Movements in funds There was no restricted funds movement because their was no Restricted Income and Restricted Expenses incurred during the year
| a. Total Restricted Funds b. Unrestricted Funds Restricted Funds recognised and used Other unrestricted funds Total Funds |
Opening Balance Closing Balance £ £ £ £ - - - Incoming resources Outgoing resources |
|---|---|
| - - - - 48,188 93,108 - (91,864) 49,432 48,188 93,108 - (91,864) 49,432 - |
|
| 48,188 - 93,108 (91,864) 49,432 |
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