Charity registration number: 1186974
## Foley Meir Football Club
Annual Report and Financial Statements for the Year Ended 30 June 2022
McIntosh Accountants Limited
## **Foley Meir Football Club**
## **Contents (continued)**
|Reference and Administrative Details|1|
|---|---|
|Trustees' Report|2 to 3|
|Independent Examiner's Report|4|
|Statement of Financial Activities|5|
|Balance Sheet|6|
|Notes to the Financial Statements|7 to 11|
## **Foley Meir Football Club**
## **Reference and Administrative Details**
**Chairman** Andrew John Mapperson **Trustees** Andrew John Mapperson Stephen Haydn James Liam Gorden James David Cummings **Charity Registration Number** 1186974 **Principal Office** Foley Meir FC Whitcombe Road Stoke-on-Trent ST3 6AU
Page 1
## **Foley Meir Football Club**
## **Trustees' Report**
The trustees present the annual report together with the financial statements of the charity for the year ended 30 June 2022.
## **Objectives and activities**
## _**Objects and aims**_
To further or benefit the residents of all wards of Stoke-on-Trent and the neighbourhood, without distinction of sex, sexual orientation, race or of political, religious or other opinions by associating together the said residents and the local authorities, voluntary and other organisations in a common effort to advance education and to provide facilities in the interests of social welfare for recreation and leisure time occupation with the objective of improving conditions of life for the residents.
The aims and objective of the club extend to:
1. To offer coaching and competitive opportunities in Football.
2. To promote the club within the local community, county and the Football Association.
3. To ensure a duty of care to all members of the club.
4. To provide all its services in a way that is fair to everyone.
Nothing in this Constitution shall authorise an application of the property of the CIO for the purposes which are not charitable in accordance with (section 7 of the Charities and Trustee Investment (Scotland) Act 2005) and (section 2 of the Charities Act (Northern Ireland) 2008).
## _**Objectives, strategies and activities**_
Football and related activities.
## _**Public benefit**_
The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.
## **Structure, governance and management**
## _**Nature of governing document**_
CIO - Foundation.
## _**Arrangements for setting key management personnel remuneration**_
A.J. Mapperson, L.G. James, D. Cummings & S.H. James comprise the management team & they are not remunerated.
Page 2
## **Foley Meir Football Club**
## **Trustees' Report (continued)**
## **Statement of Trustees' Responsibilities**
The trustees are responsible for preparing the trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.
The law applicable to charities requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable accounting standards 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 business.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charities (Accounts and Reports) Regulations 2008, and the provisions of the constitution. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
The annual report was approved by the trustees of the charity on 11 March 2023 and signed on its behalf by:
......................................... Andrew John Mapperson Chairman and trustee
......................................... Stephen Haydn James Trustee
Page 3
## **Foley Meir Football Club**
## **Independent Examiner's Report to the trustees of Foley Meir Football Club**
I report to the trustees on my examination of the accounts of Foley Meir Football Club for the year ended 30 June 2022.
## **Responsibilities and basis of report**
As the charity trustees of Foley Meir Football Club you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the Foley Meir Football Club's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner’s statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of Foley Meir Football Club as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting 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.
......................................
11 March 2023
Page 4
## **Foley Meir Football Club**
## **Statement of Financial Activities for the Year Ended 30 June 2022**
|**Note**
**Income and Endowments from:**
Donations and legacies
Charitable activities
Other income
Total income
**Expenditure on:**
Raising funds
Charitable activities
Total expenditure
Net income
Net movement in funds
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward
10
**Note**
**Income and Endowments from:**
Donations and legacies
Charitable activities
Other income
Total income
**Expenditure on:**
Raising funds
Charitable activities
Total expenditure
Net income
Net movement in funds
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward
10|**Unrestricted**
**funds**
**£**
17,479
5,577
1,919
24,975
(12,870)
(10,356)
(23,226)
1,749
1,749
51,469
53,218
**Unrestricted**
**funds**
**£**
49,870
8,662
2,316
60,848
(9,019)
(11,151)
(20,170)
40,678
40,678
10,790
51,468|**Total**
**2022**
**£**
17,479
5,577
1,919|
|---|---|---|
|||24,975|
|||(12,870)
(10,356)|
|||(23,226)|
|||1,749|
|||1,749
51,469|
|||53,218|
|||**Total**
**2021**
**£**
49,870
8,662
2,316|
|||60,848|
|||(9,019)
(11,151)|
|||(20,170)|
|||40,678|
|||40,678
10,790|
|||51,468|
All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2021 is shown in note 10.
The notes on pages 7 to 11 form an integral part of these financial statements. Page 5
## **Foley Meir Football Club**
## **(Registration number: 1186974) Balance Sheet as at 30 June 2022**
|**Note**
**Fixed assets**
Tangible assets
8
**Current assets**
Cash at bank and in hand
9
**Creditors: Amounts falling due within one year**
**Net current assets**
**Net assets**
**Funds of the charity:**
**Unrestricted income funds**
Unrestricted funds
**Total funds**
10|**2022**
**£**
12,687
40,531
-
40,531
53,218
53,218
53,218|**2021**
**£**
15,187
36,282
(1)|
|---|---|---|
|||36,281|
|||51,468|
|||51,468|
|||51,468|
The financial statements on pages 5 to 11 were approved by the trustees, and authorised for issue on 11 March 2023 and signed on their behalf by:
......................................... Andrew John Mapperson Chairman and trustee
......................................... Stephen Haydn James Trustee
The notes on pages 7 to 11 form an integral part of these financial statements. Page 6
## **Foley Meir Football Club**
## **Notes to the Financial Statements for the Year Ended 30 June 2022**
## **1 Accounting policies**
## **Statement of compliance**
The financial statements have been prepared in accordance with the second edition of the Charities Statement of Recommended Practice issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.
## **Basis of preparation**
Foley Meir Football Club meets the definition of a public benefit entity under FRS 102. The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.
## **Going concern**
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.
## **Income and endowments**
## _**Grants receivable**_
Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released.
## **Expenditure**
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.
## _**Raising funds**_
These are costs incurred in attracting voluntary income, the management of investments and those incurred in trading activities that raise funds.
## **Governance costs**
These include the costs attributable to the charity’s compliance with constitutional and statutory requirements, including audit, strategic management and trustees meetings and reimbursed expenses.
## **Government grants**
Government grants are recognised based on the accrual model and are measured at the fair value of the asset received or receivable. Grants are classified as relating either to revenue or to assets. Grants relating to revenue are recognised in income over the period in which the related costs are recognised. Grants relating to assets are recognised over the expected useful life of the asset. Where part of a grant relating to an asset is deferred, it is recognised as deferred income.
Page 7
## **Foley Meir Football Club**
## **Notes to the Financial Statements for the Year Ended 30 June 2022 (continued)**
## **Taxation**
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
## **Tangible fixed assets**
Individual fixed assets costing £0.00 or more are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
## **Depreciation and amortisation**
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
**Asset class** Plant & machinery
**Depreciation method and rate** 25% reducing balance
## **Cash and cash equivalents**
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
## **2 Income from donations and legacies**
|Grants, including capital grants;
Government grants
Regular giving and capital donations
**Total for 2022**
**Total for 2021**
**3**
**Other income**
**Total for 2021**|**Unrestricted**
**funds**
**General**
**£**
7,518
9,961
17,479
49,870
**Unrestricted**
**funds**
**General**
**£**
1,000|**Total**
**funds**
**£**
7,518
9,961|
|---|---|---|
|||17,479|
|||49,870|
|||**Total**
**funds**
**£**
1,000|
Page 8
## **Foley Meir Football Club**
## **Notes to the Financial Statements for the Year Ended 30 June 2022 (continued)**
## **4 Expenditure on charitable activities**
|**Note**
Governance costs
**Total for 2021**|**Unrestricted**
**funds**
**General**
**£**
10,356
11,151|**Total**
**funds**
**£**
10,356|
|---|---|---|
|||11,151|
## **5 Government grants**
Covid.
The amount of grants recognised in the financial statements was £7,518 (2021 - £42,144).
## **6 Trustees remuneration and expenses**
No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.
Page 9
## **Foley Meir Football Club**
## **Notes to the Financial Statements for the Year Ended 30 June 2022 (continued)**
## **7 Taxation**
The charity is a registered charity and is therefore exempt from taxation.
## **8 Tangible fixed assets**
|**Cost**
At 1 July 2021
Additions
At 30 June 2022
**Depreciation**
At 1 July 2021
Charge for the year
At 30 June 2022
**Net book value**
At 30 June 2022
At 30 June 2021
**9**
**Cash and cash equivalents**
Cash at bank
**10 Funds**
**Unrestricted funds**
General
**Unrestricted funds**
General|**Balance at 1**
**July 2021**
**£**
51,469
**Balance at 1**
**July 2020**
**£**
10,790|**Incoming**
**resources**
**£**
24,975
**Incoming**
**resources**
**£**
60,848||**Furniture and**
**equipment**
**£**
20,250
1,729
21,979
5,063
4,229
9,292
12,687
15,187
**2022**
**£**
40,531
**Resources**
**expended**
**£**
(23,226)
**Resources**
**expended**
**£**
(20,170)|**Furniture and**
**equipment**
**£**
20,250
1,729
21,979
5,063
4,229
9,292
12,687
15,187
**2022**
**£**
40,531
**Resources**
**expended**
**£**
(23,226)
**Resources**
**expended**
**£**
(20,170)|**Total**
**£**
20,250
1,729
21,979
5,063
4,229
9,292
12,687
15,187
**2021**
**£**
36,282|
|---|---|---|---|---|---|---|
|||||21,979|||
|||||5,063
4,229|||
|||||9,292|||
|||||12,687|||
|||||15,187|||
|||||**2022**
**£**
40,531
**Resources**
**expended**
**£**
(23,226)
**Resources**
**expended**
**£**
(20,170)|||
|||||||**Balance at 30**
**June 2022**
**£**
53,218|
|||||||**Balance at 30**
**June 2021**
**£**
51,468|
Page 10
## **Foley Meir Football Club**
## **Notes to the Financial Statements for the Year Ended 30 June 2022 (continued)**
## **11 Analysis of net funds**
|**11 Analysis of net funds**|||
|---|---|---|
|Cash at bank and in hand
Net debt
Cash at bank and in hand
Net debt|**At 1 July 2021**
**£**
36,282
36,282
**At 1 July 2020**
**£**
10,790
10,790|**At 30 June**
**2022**
**£**
36,282|
|||36,282|
|||**At 30 June**
**2021**
**£**
10,790|
|||10,790|
Page 11
## **Foley Meir Football Club**
## **Detailed Statement of Financial Activities for the Year Ended 30 June 2022**
|**_Donations and legacies_**
UK Government grants
Sponsorship
**_Charitable activities_**
Primary purpose trading
**_Other income_**
Rental income
Other income
**_Raising funds_**
Purchases
Property repairs
**_Charitable activities_**
Staff training
Water rates
Light, heat and power
Insurance
Equipment repairs and renewals
Telephone and fax
Computer software and maintenance costs
Trade subscriptions
Cleaning
Motor expenses
Legal and professional fees
Depreciation of plant and machinery|**Total**
**2022**
**£**
7,518
9,961
17,479
5,577
5,577
-
1,919
1,919
(2,733)
(10,137)
(12,870)
-
(317)
(1,188)
(499)
-
-
(3,472)
(159)
-
(492)
-
(4,229)
(10,356)|**Total**
**2021**
**£**
42,144
7,726|
|---|---|---|
|||49,870|
|||8,662|
|||8,662|
|||1,000
1,316|
|||2,316|
|||(4,287)
(4,732)|
|||(9,019)|
|||(140)
(182)
(1,030)
-
(1,447)
(199)
(506)
(1,120)
(159)
(235)
(1,070)
(5,063)|
|||(11,151)|
This page does not form part of the statutory financial statements. Page 12