REGisfERED CHARITY NUM8ER: 1193333
Trustees, Report and
Unaudited Financial Statements for the Year Ended 31 May 2025
for
Waveney Football Club

Waveney Football Club
Contents of the Financial Statements
for the Year Ended 31 May 2025
Page
Tru5tees' Report
Independent Examiner's Report
ststement of Financizl Attiwttes
Balance Sheet
Notes to the Financial Statements
7 to 12
Detailed Statement of Financial Activities
13 to 14

Waveney Football Club
Trustees, Report
for the Year Ended 31 May 2025
The trustees present their report with the financial statement5 of the charity for the year ended 31 May 2025. The
trustee5 have adopted the provisions of Accounting and Reporting by Charities= Statement of Recommended Practice
applic3ble to charitie5 preparing their accounts in accordance with the Financial Reporting Standard applicable iri the
UK and Republic of Ireland IFRS 1021 (effective l January 20191.
Objectives and activities
To provide facilities in a safe environwnent for young people to play f￿tball regardless of ability. To help the wider
community where possible.
The club provides training and team participarion for both boy5 and gir15 from the age of 4 up to 18 in the junior
section and a youn8 adults team.
The club a150 runs a group on a Saturday. which is a furb 5es5ion for children from Under 4,5 upwaids.
Disabilitylwalkirbg football groups are run to allow for all abilities and ages to be able to play football and be part of
the football comrnunity.
In its plannin& the committee keep in mind the Charity Commission guidance on public benefit when holding its
trustee and rnanager meetings.
Without the work of our Volunteers, the club would not be able to function and achieve it aims and 8oals.
All trustees. rnanageis and coaches are volunteers who receive no remuneration or benefit5.
The volunteer5 give up many hours coaching the children and young adults along with attending relevant training
courses to ensure they are adhering to the Football Association framework.
Any fundslgrants that are not used immediately are held on account and will be invested for the clubs future.
Financial review
All funds raised are re invested in to the club to continually de¥elop and provide the best possible equipment for it5
members.
Funds that are not irnmediately required are held on account as unrestricted lunds for when needed.
The clubs main source of lunding is the subscriptions paid by its members.
Sponsorship from local businesse5 IS Used io help with the cost of playirbg and training kits.
StrLt¢ture, governance and management
Governing docurnent
The charity is controlled by it5 governing document. a deed of trust and constitutes an unincorporated charity.

Waveney Football Club
Trustee5' Report
for the Year Ended 31 May 2025
The Football Association sets policies and standards for its community clubs to ensure they are well run.
All volunteers are required to have a DBS check prior to helping wth the club to ensure they are safe to work with
children. These checks are a150 evaluated every three years in accordance with the Football Association policy.
The Football A550Clation also has a child proiection policy in place that the club are required to have as well as
ensuring all safeguarding procedures are adhered ro.
First Aid train5ng for all volunteers is required which has to be refreshed every three years.
Trustees are appointed or re-appointed at the Annual General Meetin8.
Risk mana8ement
The trustees have a duty to identify and review the risks to which the charity is exposed and io ensure appropriate
controls are in place to provide reasonable assurance against fraud and error.
Reference and administrative details
Registered Charity number
1193333
Principal address
6 Wsllowvale
Lowestoft
Suffolk
NR32 4UB
Trustees
Mr M Garnble Chair
Mr K Dewhirst Trustee
Mr S Everett Trustee
Mr S 5tanilorth Facilities Trustee
Mr S D Oavey Vice Chairman Trtjstee
Mr l Dobson Trustee
Mrs J Woolnough Trvstee
Mrs S Cooper Trustee
Inilependent Examiner
Henry Pettitt FCA CTA
Stephenson Smèrt (Easr Anglial Limited
East Coast House
Galahad Road
Gorle5ton
Greèt Yarmouth
Norfolk
NR317RU

Waveney Football Club
Trustees. Report
for the Year Ended 31 May 2025
Approved by order of the board of trustees on 25 March 2026 and SiEned on it5 behall bv..
Mr M Garnble- Trustee

Independent Examiner's Report to the Trustees of
Waveney Football Club
Independent examiner's report to the irustees of Waveney Football Club
I report to the charity trustees on my examination of the account5 of Waveney Football aub Ithe Trust) lor the year
ended 31 May 2025.
RespoThsibilities and basls 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 20111.the Act'l.
I report in respect of my exarnination of the Trust's accounts c3rried 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 14515llbl
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 ex3rriination giving me cause to believe that in any material respect."
accounting records were not kept in respect of the Trust as required by Settion 130 01 the Act. or
the accounts do not accord with those records.. or
the accounts do not comply with the applicable requirements concerlling ihe form and content of accounts set
out in the Charities (Accounts and Reports) Regulations 2008 other thèn any requirement that the accounts
give a true and fair view which is noi a matter consadered as part of an independent examination.
I have no concerns and have come ?cr055 no other matters in connection with ihe examination to which attentio
should be drawn in this report in order to enable a proper understanding of the ac(ounts to be reached.
Henry Pettitt FCACtA
Stephenson Smart IEast Anglial Limited
East Coast House
Galahad Road
Gorleston
Great Yarmouth
Norfolk
NR317RU
25 March 2026

Waveney Football Club
Statement of Financial Activities
for the Year Ended 31 May 2025
2025
Unrestricted
fund
2024
Total funds
Notes
Income and endowments from
Donations and legacies
221,843
165,527
Other income
38
31
Total
221.881
16S.558
Expenditure on
Raising funds
138,599
177,193
Charitable activities
Expenditure
82,039
42.077
Total
220,638
219.270
NE[ INCOMEIIEXPENDETUREI
1,243
153.7121
Reconciliation of funds
Total funds brought forward
94,841
148.553
Total funds carried fonArard
96.084
94,841
The notes form part of these financial statements

Waveney Football Club
Balance Sheet
31 May 2025
2025
un￿StrICted
nd
2024
Total funds
Notes
Fixed assets
Tangible assets
18.999
23.664
Current assets
Stocks
Debtors
Cash 3t bank
4.787
619
77,919
5.385
4,444
67,498
83,325
77.327
Creditors
Amounts lalling due within one year
16.2401
16,1501
Net turrent assets
77,085
71,177
Total assets less current liabilities
96.084
94,841
A55ET5
96.084
94,841
Funds
Unrestricted funds
96,084
94,841
Total lunds
96.084
94,841
The financial Statements were approved by the Board of Trustees and authorised for issue on 25 March 2026 and
were signed on it5 behalf by..
Mr M Garnble- Trustee
r K Dewhirst- Trustee
The notes form part of these financial statements

Waveney Football Club
Notes to the Financial Statements
for the Year Ended 31 May 2025
Accounting policies
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefrt enttty under FRS 102. have been prepared in
accordance with the Charitie5 SORP IFRS 1021 'Accounting and Reporting by Charities.. Statement trf
Recornmended Prartice applicable to charities prepaiing their account5 in accordance with the Financial
Reporting StBndèrd applicable in the UK and Republic of Ireland IFRS 1021 leffective l Janu2ry 20191.. Financial
Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the
Charitie5 Act 2011. The financial statemerbt5 have been prepared under the historical cost convent>on.
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 rhe arnount can be measured reliably.
Expenditure
Liabilities are recognised a5 expenditure as soon as there is a leg31 or construrtive obligation committing the
charity to that expenditure. it 15 probable thar a transfer of ￿0￿0￿1¢ benefits will be required in settlement
and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basls
and has been classified under headings that a￿regate all cost related ro the category. Where costs cannot be
directly attributed to particular headings ihey have been allocated to actNities on a basis consistent with the
use of resources.
Tangible fixed assets
Depreciation is provtded at the following annual rares in order to write off each asset over its estimated useful
Plant and machinery
Motor vehicles
Computer equtpment
25% p.a. reducing balance
25% p.3. reducing balance
33% on cost
Tangible fixed assets are initially recorded at cost. and svbsequently slated at C95t le55 any accumulated
depreciation and impairment Ios5e5. Any tangible assets carried at revalued amounts are recorded at the fair
value at the date of revaluation les5 any subsequent accumulated depreciation and subsequent accumulated
irnpaiTrnent losses.
Stocks
Stocks are valued at the lower of c05t and net realisable value. after rnaking due allowance for obsolete and
slow rnoving items.
Taxation
The charity is exernpt from tax on its charitable artivities.
Fund accounting
Unrestricted f￿ndS can be used in accordance with the charitable objertive5 at the discretion of the trustees.
Restricted funds can only be used for particular restrirted purposes within the objects of the charitv.
Restrictions arise when specified by the donor or when lunds are raised for particular restricted purposes.
Further explanation of the nature and pvrpose ol each fund 15 included in the notes to the financial
5tètements.

Waveney Football Club
Note5 to the Financial Statements- continued
for the Year Ended 31 May 2025
Accounting policie5- continued
Cash and cash equivalerbts
Cash 3nd cash equivalents in the accounts comprises of cash at bank and in hand as at the balance sheet date.
Trustees. remuneration and benefits
There were no trvstees, remuneration or other benefits for the year ended 31 May 2025 nor for the year
ended 31 May 2024.
Trustees, expenses
There were rbo trustees. expenses paid for the year ended 31 May 2025 nor for the year ended 31 May 2024.
Comparatives for the statement of financial activities
Unrestrirted
fund
Intome and endowments from
Donations and legacies
165,527
Other incotne
31
Total
165.558
Expenditure on
Raising fund5
177.193
Charitable activities
Expenditure
42.077
Total
219.270
NEf INCOMEIIEXPENDITUREI
153.7121
Reconciliation of funds
Total funds brought forward
148.553
Total funds carried forward
94,841

Waveney Football Club
Notes to the Financial Statements- continued
forthe Year Ended 31 May 2025
Tangible fixed a55ets
Plant and
machinery
Motor
Vehicles
Computer
equipment
Totals
C05t
At l June 2024
Additions
72,939
1,359
599
80.538
1,359
At 31 May 2025
74.298
599
81,897
Depreciation
At I lune 2024
Charge lor year
50.341
5.757
5.934
267
599
56.874
6.024
At 31 May 2025
56.098
6.201
599
62.898
Net book value
At 31 May 2025
I8.21￿•
799
18.999
At 31 May 2024
22.598
1.066
23,664
Stocks
2025
2024
Stocks
4,787
5.385
Debtors: amounts fall¥ng due within one year
2025
2024
Prepayments and accrued income
619

Waveney Football Club
Notes to the Financial Statements- continued
forthe Year Ended 31 May 2025
Creditors: amounts falling due withrn one year
2025
2024
Other creditors
6,240
6.150
Movement in funds
Net
movement
in funds
At 1.6.24
At 31.5.25
Unrestricted funds
GeneTèI fund
94.841
1,243
96.084
TOTAL FUNDS
94.841
1.243
96.084
Net movement in funds, included in the above are as follows=
Incoming
resources
Resource5
expended
Mo¥ement
in funds
Unrestricted lunds
General fund
221.881
1220.6381
1,243
TOTALFUNDS
221.881
1220.6381
1.243
Comparatives for movement in funds
Net
movement
in funds
At 1.6.23
At 31.5.24
Unrestricted funds
General fund
148.553
153.7121
94.841
TOTALFUNDS
148,553
153.7121
94,841
io

Waveney Football Club
Notes to the Financial Statements- continued
for the Year Ended 31 May 2025
Movement in funds- continued
Compèrative net movement in fund5. included in the above are as follows=
Incomi
resources
Resources
expended
Movement
in fund5
Unrestricted fvnds
General fund
165.558
1219.2701
153,7121
TOTAL FUNDS
165.558
1219.2701
153.7121
A current year 12 months and prior year 12 months combined position is as follows=
Net
movement
in fvnds
At Ih.23
At 31.5.25
Unrestricted funds
General fund
148.553
152.4691
96,084
TOTAL FUNDS
148.553
152.4691
96,084
A current year 12 months and prior year 12 rnonths combined net movement in funds. included in the above
are as follows..
Incoming
resources
Resources
expended
Movement
in fvnds
Unrestricted funds
General fund
387,439
1439.9081
152.4691
TOTAL FUNDS
387.439
1439.9081
152.4691
li

Waveney Football Club
Notes to the Financial Staternents- continued
forthe Year Ended 31 May 2025
Related party disclosures
There were no related party transactions for the year ended 31 May 2025.
12

Waveney Football Club
Detailed Statement of Financial Activities
for the Year Ended 31 May 2025
2025
2024
Income and endowments
Donations and legaties
Membership fees
Catering
Sponsorship income
Donations income
Football foundation grant
Grants income
Presentationlawards
Raffles income
Car parkin8
180.312
126,441
350
26,584
2.204
1,705
2,000
4,444
50
1.749
26.239
235
2,134
1,500
3,855
6,270
1.298
221.843
165,527
Other incgme
Savings
38
31
Total incoming resourtes
221.881
165.558
Expenditure
Other trading 3ctivitiÈs
Opening stock
Cost of sales
Closing stock
5.385
138.001
14,7871
10,785
171,793
15,3851
138.599
177.193
Support costs
Finance
Bank charges
106
108
Other
Insurance
Postage and stationerv
Gifts and 5undries
Rep3ir5 arid maintenance
Motor expenses
Credit rHachine charges
Staff development
Carried forward
1.353
30
1.758
15.788
3.518
7,482
3,1XlO
32,929
1,077
620
6,455
2,824
3,431
6,434
21,525
This page does not form part of the statutory financial statements
13

Waveney Football Club
Detailed Statement of Financial Activities
for the Year Ended 31 May 2025
2025
2024
other
Brought forward
Subscriptions
Website costs
Fine5
Lotterie5 licence
Donations
Advertising and rnarketing
Catering purchases
Lodger5 presentation event
Event expenses
Depreciation of tangible fixed assets
32.929
4.002
560
469
21,525
3,474
733
402
40
1,390
1,387
240
30.000
180
120
soo
6.023
7.978
74.823
37.169
Governance costs
Independent examination
Accountarscv
Bookkeeping
1.260
690
5,160
1,200
1,080
2,520
7,110
4,800
Total resources expended
220,638
219.270
Net incomellexpenditurel
1,243
153.7121
This page does not form part of the statutory financial statements
14