REGISTERED CHARITY NUMBER: 1190166
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Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 May 2021
for
Howden AFC
360 Accountants Limited
18-19 Albion Street
Hull
East Yorkshire
HU1 3TG
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Howden AFC
Contents of the Financial Statements for the Year Ended 31 May 2021
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Page
Report of the Trustees 1 to 2
Independent Examiner's Report 3
Statement of Financial Activities 4
Balance Sheet 5
Notes to the Financial Statements 6 to 8
Detailed Statement of Financial Activities 9 to 10
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Howden AFC
Report of the Trustees
for the Year Ended 31 May 2021
The trustees present their report with the financial statements of the charity for the year ended 31 May 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
The Trustees present their annual report together with the financial statements of the charity for the year ended 31 May 2021. This is the first such report since Howden AFC ('the Charity') incorporated as a CIO.
The Charity Information forms part of this Trustee Report
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts.
OBJECTIVES AND ACTIVITIES
Objectives and aims
The primary objectives of the Charity are to advance the education and well-being (both physical and mental) of children and adults in Howden (East Yorkshire) and surrounding areas.
The Charity's primary methods for achieving its objectives are by provision of football-based activities through league football teams, social football and community football sessions. Delivery of those sessions is by unpaid volunteer coaches who each provide at least 3 hours' coaching and match day assistance per week.
Public benefit
The Trustees have complied with the duty in Section 17(5) of the 2011 Charities Act to have due regard to guidance published by the Charity Commission in respect of public benefit and in planning the activities for the year, have kept this in mind.
ACHIEVEMENT AND PERFORMANCE
Charitable activities
The Charity's initial operations following incorporation commenced in the aftermath of the first UK Coronavirus lockdown. The Charity's objectives could not have been more relevant.
During the period of this report, the Charity saw a large upsurge in interest in physical activity and general well-being. The Charity was able to increase the number of football teams / groups its provided sessions by three. The Trustees were pleased to note that this included the Charity's second girls' football team. The teams / groups added were a new U6s group, an U7s team ('Rockets'), and an U11 girls' team ('Storm'), through which in the region of 40 additional children are being helped by the Charity
FINANCIAL REVIEW
Reserves policy
The Charity has maximised its financial control in the period by collecting participants' fees monthly in advance by a direct debit system, moving away from the cash-based system of the old unincorporated association. This enables the Charity not only to be able to predict income much more accurately but also to identify where participants are in financial hardship and in need of the Charity's assistance.
The policy of the Charity is to match regular income from participants as closely to regular operational expenses as possible, relying on grant income for capital expenditure and improvements of facilities. The regular monthly income generated by direct debits means that the Charity did not maintain a reserve in the period.
FUTURE PLANS
In the financial year following the period of this report, the Charity aims to continue growing its participant membership by adding more teams / groups. In particular, the Charity will be seeking to add more girls' teams and more social / community football initiatives.
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
Page 1
Howden AFC
Report of the Trustees
for the Year Ended 31 May 2021
STRUCTURE, GOVERNANCE AND MANAGEMENT
The Charity was registered as a charitable incorporated organisation on 29 June 2020 with registered number 1190166. Upon incorporation it acquired all assets and took over the operations of its predecessor, the unincorporated organisation also known as Howden AFC.
The Charity is operated by its board of Trustees and all decisions are taken by them. The Trustees meet every month (as a minimum) to review the financial position of the Charity, risks, its operational requirements and take necessary decisions. Where more urgency is required, the Trustees will take decisions in writing.
New Trustees are provided with guidance on being charity trustees and a copy of the Charity's governing document to brief them on their legal obligations under charity law and the decision-making processes of the Charity.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number
1190166
Principal address
c/o Gosschalks LLP 61 Queens Gardens Hull HU1 3DZ
Trustees
Mrs N J Claybourn (appointed 29/6/2020) Mr D A Holt (appointed 29/6/2020) Mr K Tinkler (appointed 29/6/2020) Mrs N A Fitzpatrick (appointed 29/6/2020) Mr S L Dillon (appointed 29/6/2020) Mr D P Sharp (appointed 14/3/2022) Mr P Dugmore (appointed 14/3/2022) Mrs S Murray (appointed 14/3/2022)
Independent Examiner
360 Accountants Limited 18-19 Albion Street Hull East Yorkshire HU1 3TG
Bankers
HSBC Market Place Selby N.Yorks YO8 4PA
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
........................................................................ Mrs N J Claybourn - Trustee
Page 2
Independent Examiner's Report to the Trustees of Howden AFC
Independent examiner's report to the trustees of Howden AFC
I report to the charity trustees on my examination of the accounts of Howden AFC (the Trust) for the year ended 31 May 2021.
Responsibilities and basis of report
As the charity trustees of the Trust 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 Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all 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:
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accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
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the accounts do not accord with those records; or
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the accounts do 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.
Andrew Steele FCA FCCA 360 Accountants Limited 18-19 Albion Street Hull East Yorkshire HU1 3TG
Date: .............................................
Page 3
Howden AFC
Statement of Financial Activities
for the Year Ended 31 May 2021
| Unrestricte | ||
|---|---|---|
| fund | ||
| Notes | £ | |
| INCOME AND ENDOWMENTS FROM | ||
| Donations and legacies | 134,743 | |
| Other trading activities | 2 | 3,739 |
| Investment income | 3 | 27 |
| Total EXPENDITURE ON Raising funds Other |
4 | 138,509 54,433 2,748 |
| Total | 57,181 | |
| NET INCOME | 81,328 | |
| TOTAL FUNDS CARRIED FORWARD | 81,328 | |
The notes form part of these financial statements
Page 4
Howden AFC
| Balance Sheet | ||
|---|---|---|
| 31 May 2021 | ||
| Unrestricte | ||
| fund | ||
| Notes | £ | |
| FIXED ASSETS | ||
| Tangible assets | 7 | 25,462 |
| CURRENT ASSETS | ||
| Debtors | 8 | 630 |
| Cash at bank | 58,379 | |
| CREDITORS | 59,009 | |
| Amounts falling due within one year 9 |
(3,143) | |
| NET CURRENT ASSETS | 55,866 | |
| TOTAL ASSETS LESS CURRENT | ||
| LIABILITIES | 81,328 | |
| NET ASSETS | 81,328 | |
| FUNDS | 10 | |
| Unrestricted funds | 81,328 | |
| TOTAL FUNDS | 81,328 | |
| The financial |
statements were approved by the Board of Trustees and authorised for |
issue on |
| ............................................. and were signed on its behalf by: | ||
| ............................................. | ||
| Mrs N J Claybourn - Trustee |
The notes form part of these financial statements
Page 5
Howden AFC
Notes to the Financial Statements for the Year Ended 31 May 2021
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, 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 Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Income
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
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.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery
- 20% on cost
Taxation
The charity is exempt from 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.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
continued...
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Howden AFC
Notes to the Financial Statements - continued
for the Year Ended 31 May 2021
| 2. OTHER TRADING ACTIVITIES Fundraising events 3. INVESTMENT INCOME Deposit account interest 4. RAISING FUNDS Raising donations and legacies Support costs 5. TRUSTEES' REMUNERATION AND BENEFITS There were no trustees' remuneration or other benefits for the year ended 31 May 2021. Trustees' expenses There were no trustees' expenses paid for the year ended 31 May 2021. 6. STAFF COSTS The average monthly number of employees during the year was as follows: Trustees Volunteers No employees received emoluments in excess of £60,000. 7. TANGIBLE FIXED ASSETS Long Plant and leasehold machinery £ £ COST Additions 8,868 20,743 DEPRECIATION Charge for year - 4,149 NET BOOK VALUE At 31 May 2021 8,868 16,594 |
£ 3,739 £ 27 £ 41,649 5 34 39 Totals £ 29,611 4,149 25,462 |
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continued...
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Howden AFC
Notes to the Financial Statements - continued
for the Year Ended 31 May 2021
| 8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade debtors Other debtors 9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade creditors Other creditors 10. MOVEMENT IN FUNDS Unrestricted funds General fund TOTAL FUNDS Net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 138,509 TOTAL FUNDS 138,509 |
£ 601 29 630 £ 2,423 720 3,143 Net movement At in funds 31/5/21 £ £ 81,328 81,328 81,328 81,328 Resources Movement expended in funds £ £ (57,181) 81,328 (57,181) 81,328 |
|---|---|
11. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 May 2021.
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Howden AFC
Detailed Statement of Financial Activities for the Year Ended 31 May 2021
£
| INCOME AND ENDOWMENTS Donations and legacies Donations Grants Membership Subs Membership Fees Other trading activities Fundraising events Investment income Deposit account interest Total incoming resources EXPENDITURE Other trading activities Purchases Hire of plant and machinery Other Pitch Fees Support costs Management Insurance Postage and stationery Sundries Rent Plant and machinery Finance Bank charges Information technology Repairs and renewals Other 2 IT Software Subscriptions Governance costs Accountancy and legal fees |
36,285 51,156 35,230 12,072 134,743 3,739 27 138,509 11,865 919 12,784 2,748 857 18 5,317 14,949 4,149 25,290 650 5,922 485 9,302 |
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This page does not form part of the statutory financial statements
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Howden AFC
£
Detailed Statement of Financial Activities for the Year Ended 31 May 2021
Total resources expended
57,181
Net income
81,328
This page does not form part of the statutory financial statements
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