Trustees’ Annual Report for the period
From 01 July 2023 Period start date To 30 June 2024 Period end date
Charity name: Northants Fundamental Football Club CIO
Charity registration number: 1195372
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | the promotion of community participation in healthy recreation in particular by the provision of facilities for the playing of Association Football Provision of Association Football to children from 4 to 15 in the community. |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
Northants Fundamental Football Club (NFFC) provides football in the community of Northamptonshire under the banner, “We are more than ONE – We are Fundamental” #FUN #Friends #Football Provision of foundation training programme U6 – U10s leading to teams playing in the Midlands Junior Premier League U10 – U15 A club development plan is in place to meet the aims and objectives over the next 3-5 years. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | The Trustees have had regard to the guidance issue by the Charity Commission on Public Benefit. This is directly linked to the Charitable Purpose as noted above, namely the provision of healthy recreation in respect of playing of Association Football. All Trustees are: 1) Aware of the Guidance 2) Have taken this guidance into consideration when assessing the performance and direction of NFFC |
Additional information (optional) You may choose to include further statements where relevant about:
| SORP reference | ||
|---|---|---|
| Policy on grant making | Para 1.38 | |
| Policy on social investment including program related investment |
Para 1.38 | |
| Contribution made by volunteers |
Para 1.38 | NFFC thanks all its volunteers including: 1) Coaches (to enable the wider provision of our services to reach more children) 2) Parents assisting coaches at games with linesman duties (enabling team development U10s onwards in the MJPL) |
| Other |
Achievements and Performance
| SORP reference | ||
|---|---|---|
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Para 1.20 | The charity has provided its services to over 150 children across Northamptonshire and Leicestershire with the provision of training and matches in relation to Association Football. It has also aligned with Cransley Hospice Trust in fulfilling a wider community connection by supporting them in the provision of end of life care for the people of Northamptonshire. We are now into the 2ndyear of our lease at Loddington Cricket Club and continue to develop wider links across Northants. Continued success More players signing pro contracts with over 50% from our U6s in 2022 signing with Leicester City, Northampton Town and Peterborough United. One player now playing a year up at Northampton Town FC in the U13s. Coachingdevelopment with Tiago Costa and Kieran |
Long completing their UEFA C licence and leading our U10s to the 2nd successive MJPL final in two years Football Foundation grant executed along with a 6 year lease at Loddington. Scope for the Parish Council to provide c. £2k funding to match ambition to develop a 5x3 storage shed on site for football mower and equipment (both to be supported by grants to the football foundation) More teams in the MJPL with the successful launch of the U10s. A new community club – Hanwood Park Rangers FC to be developed within Kettering and North Northants.
Additional information (optional) You may choose to include further statements where relevant about:
| Achievements against objectives set |
Para 1.41 | We have successfully completed the following in 2023-24: 1) Over 50% of our coaches are now UEFA C qualified or above with two UEFA B and one training towards his B licence => Coaching excellence 2) Rebalancing of financials by cutting costs and increasing revenues from donations, grants and sponsorships. Some in house work to save on external events and merging groups where necessary to maintain pitch costs. 3) Staff costs increasing in line with CPI at 3.6% to ensure we continue to maintain and attract the correct future potentials to Fundamental |
|---|---|---|
| Performance of fundraising activities against objectives set |
Para 1.41 | We have successfully raised funds to support the provision of Association Football in the community. We also have transitioned to a new Club Sponsor – Premiership Lawncare in 2022 to support wider club development opportunities. This has continued with wider sponsorship packages from other community businesses. |
| Investment performance against objectives |
Para 1.41 | |
| Other |
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | The charity held £680 at the end of the period which is an essential amount to meet the commitments of developing further teams into July – September of the following year. |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | In addition, Affiliation (c. £300 per season and rising as we expand to c. U16s in the next year), wider insurance expenditure (c. £450 per season) and significant investment in Zoho software (c. £1,500 per season), means we have to carry over funds to meet the future expenses. |
| Amount of reserves held | Para 1.22 | £680 |
| Reasons for holding zero reserves |
Para 1.22 | N/A |
| Details of fund materially in deficit |
Para 1.24 | N/A |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | None |
Additional information (optional) You may choose to include further statements where relevant about:
| The charity’s principal sources of funds (including any fundraising) |
Para 1.47 | Donations from parents Sponsorships from local businesses |
|---|---|---|
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | The current cost of living crisis places pressures on donations and business sponsorship. By broadening the geographical and socio-economic groups that support NFFC, we have a more diverse base of fundraising to provide a strong foundation with limited risks to any one donor. |
| A description of the principal risks facing the charity |
Para 1.46 | Continued growth of commercial football academies in Northamptonshire along with the expansion of professional clubs in North Northants (e.g. Leicester City, Northampton Town FC). Our intention to create Hanwood Park Rangers FC as a community offering is a game changer for Fundamental as we will create a feed club in a significant and growing part of Northamptonshire. We will offer football for all from community, girls, mixed, elite football and feeding into professional academies. By developing a roots up approach our buy in to the community will grow and the connection to our coachingandphilosophywill follow. |
| Other | 1. NFFC continues to be successful on and off the field with two more coaches becoming UEFA C qualified, a new pitch grant with the Football Foundation at Loddington and more players signing professionally. 2. NFFC financials continue to improve but the operating profit is still trending negatively albeit in the right direction 3. Opportunities for U18s football is being developed with Huntingdon Town FC for our future U16s to move on 4. A new community club offering playing in the NDYAL in the next 2-3 years at Hanwood Park will define a foundation for Fundamental to develop a pathway from community to professional football 5. Jim Mortimore will continue to be a trustee for a further 3 years maintaining the collaboration and mutual development between Mawsley FC and Fundamental FC |
||
|---|---|---|---|
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 |
Trust following the Foundation model constitution |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | Charitable Incorporated Organisation (CIO) |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | Our trustees come from a wide industry background and have extensive experience in running other volunteer football clubs &/or being a volunteer in the same (e.g. coach). We have experienced directors of retail, recruitment, transportation and insurance represented into the group. James Mortimore has renewed his Trustee term for a further 3years. |
Additional information (optional) You may choose to include further statements where relevant about:
| Policies and procedures adopted for the induction and training of trustees |
Para 1.51 | |
| The charity’s organisational structure and any wider network with which the charity works |
Para 1.51 | The charity actively recruits players from the Weetabix League Clubs that serves North Northants. We also have wider club links across South Leicestershire too. We also actively align our social community fund raising with Cransley Hospice Trust to fulfil our wider objective of “Building Players with Purpose”. This is because we believe developing players is more than football at Fundamental. |
| Relationship with any related parties |
Para 1.51 | NFFC has significant relationships with various community football clubs across Northamptonshire. In addition, Infinitas Chartered Accountants and Business Advisors provides its accountancy services. We also hold relationships with Northants FA and four key pitch providers (e.g. Mawsley FC, Loddington Parish Council, Wellingborough Old Grammarians and Tresham College [part of the Bedford College Group. Tyrone Long is also the Vice Chairman of Mawsley FC and this provides clear opportunities to share mutual experience across both organisations in the furtherance of the provision of Association Football across Northamptonshire. |
Other
Reference and Administrative details
| Charityname | Northants Fundamental Football Club CIO |
|---|---|
| Other name the charity uses | |
| Registered charitynumber | 1195372 |
| Charity’s principal address | 80 Warkton Lane, Barton Seagrave Kettering NN15 5AA |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee (if any) |
|---|---|---|---|---|
| Tyrone Long | ||||
| Nicholas Hughes | ||||
| Paul Hooper | ||||
| James Mortimore | ||||
– Corporate trustees names of the directors at the date the report was approved
Director name
Name of trustees holding title to property belonging to the charity
Trustee name Dates acted if not for whole year
Funds held as custodian trustees on behalf of others
Description of the assets held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
Additional information (optional)
Names and addresses of advisers (Optional information)
| Names and addresses of advisers (Optional information) | Names and addresses of advisers (Optional information) | Names and addresses of advisers (Optional information) |
|---|---|---|
| Type of adviser Name Address |
||
| Name of chief executive or names of senior staff members (Optional information) |
Exemptions from disclosure
Reason for non-disclosure of key personnel details
Other optional information
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s) Full name(s) Position (eg Secretary, Chair, etc) Date
REGISTERED CHARITY NUMBER: 1195372
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 30 June 2024
for
NORTHANTS FUNDAMENTAL FOOTBALL CLUB CIO
Infinitas Accountants Limited Unit 6 North Business Park Cherry Hall Road Kettering Northamptonshire NN14 1UE
NORTHANTS FUNDAMENTAL FOOTBALL CLUB CIO
Contents of the Financial Statements for the Year Ended 30 June 2024
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Page
Report of the Trustees 1 to 3
Independent Examiner's Report 4
Statement of Financial Activities 5
Balance Sheet 6
Notes to the Financial Statements 7 to 11
Detailed Statement of Financial Activities 12 to 13
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NORTHANTS FUNDAMENTAL FOOTBALL CLUB CIO
Report of the Trustees for the Year Ended 30 June 2024
The trustees present their report with the financial statements of the charity for the year ended 30 June 2024. 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).
We were established in 2016 to provide players in Northamptonshire extra training and development
A core principle is that Players REMAIN at their grassroots teams #Friends
Today we have U6 - U13s along with a Goalkeeper School
Our training venues are at Tresham Colleges in Corby and Kettering and our numbers are limited - principle develop quality over quantity (desire however is the strongest trait for continuous development)
We are investing in our pitches with Premiership Lawncare as we believe our players deserve every opportunity to show the best of who they can be.
We don't stop learning, sharing and developing as individuals, as a team and as a club
THIS IS FUNDAMENTAL #FUN #Friends #Football
OBJECTIVES AND ACTIVITIES
Objectives and aims
The promotion of community participation in healthy recreation in particular by the provision of facilities for the playing of Association Football.
Provision of Association Football to children from 4 to 15 in the community.
Significant activities
Northants Fundamental Football Club (NFFC) provides football in the community of Northamptonshire under the banner, 'We are more than ONE - We are Fundamental' #FUN #Friends #Football
Provision of foundation training programme U6 - U10s leading to teams playing in the Midlands Junior Premier League U10 - U15.
A club development plan is in place to meet the aims and objectives over the next 3-5 years.
Public benefit
The Trustees have had regard to the guidance issue by the Charity Commission on Public Benefit. This is directly linked to the Charitable Purpose as noted above, namely the provision of healthy recreation in respect of playing of Association Football.
All Trustees are:
1) Aware of the Guidance
- 2) Have taken this guidance into consideration when assessing the performance and direction of NFFC
Volunteers
NFFC thanks all its volunteers including:
1) Coaches (to enable the wider provision of our services to reach more children)
2) Parents assisting coaches at games with linesman duties (enabling team development U10s onwards in the MJPL)
Page 1
NORTHANTS FUNDAMENTAL FOOTBALL CLUB CIO
Report of the Trustees for the Year Ended 30 June 2024
ACHIEVEMENT AND PERFORMANCE
Charitable activities
The charity has provided its services to over 150 children across Northamptonshire and Leicestershire with the provision of training and matches in relation to Association Football.
It has also aligned with Cransley Hospice Trust in fulfilling a wider community connection by supporting them in the provision of end of life care for the people of Northamptonshire.
We are now into the 2nd year of our lease at Loddington Cricket Club and continue to develop wider links across Northants.
Continued success:
More players signing pro contracts with over 50% from our U6s in 2022 signing with Leicester City, Northampton Town and Peterborough United.
One player now playing a year up at Northampton Town FC in the U13s.
Coaching development with Tiago Costa and Kieran Long completing their UEFA C licence and leading our U10s to the 2nd successive MJPL final in two years.
Football Foundation grant executed along with a 6 year lease at Loddington. Scope for the Parish Council to provide c. £2k funding to match ambition to develop a 5x3 storage shed on site for football mower and equipment (both to be supported by grants to the football foundation).
More teams in the MJPL with the successful launch of the U10s.
A new community club - Hanwood Park Rangers FC to be developed within Kettering and North Northants.
We have successfully completed the following in 2023-24:
1) Over 50% of our coaches are now UEFA C qualified or above with two UEFA B and one training towards his B licence - Coaching excellence.
2) Rebalancing of financials by cutting costs and increasing revenues from donations, grants and sponsorships. Some in house work to save on external events and merging groups where necessary to maintain pitch costs.
3) Staff costs increasing in line with CPI at 3.6% to ensure we continue to maintain and attract the correct future potentials to Fundamental.
Fundraising activities
We have successfully raised funds to support the provision of Association Football in the community. We also have transitioned to a new Club Sponsor - Premiership Lawncare in 2022 to support wider club development opportunities. This has continued with wider sponsorship packages from other community businesses.
FINANCIAL REVIEW
Financial position
The charity held £680 at the end of the period which is an essential amount to meet the commitments of developing further teams into July - September of the following year.
Principal funding sources
Donations from parents Sponsorships from local businesses
Investment policy and objectives
The current cost of living crisis places pressures on donations and business sponsorship. By broadening the geographical and socio-economic groups that support NFFC, we have a more diverse base of fundraising to provide a strong foundation with limited risks to any one donor.
Reserves policy
In addition, Affiliation (c. £300 per season and rising as we expand to c. U16s in the next year), wider insurance expenditure (c. £450 per season) and significant investment in Zoho software (c. £1,500 per season), means we have to carry over funds to meet the future expenses.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
Page 2
NORTHANTS FUNDAMENTAL FOOTBALL CLUB CIO
Report of the Trustees for the Year Ended 30 June 2024
CIO - FOUNDATION Registered 03 Aug 2021
Charity constitution
Our trustees come from a wide industry background and have extensive experience in running other volunteer football clubs &/or being a volunteer in the same (e.g. coach).
We have experienced directors of retail, recruitment, transportation and insurance represented into the group. James Mortimore has renewed his Trustee term for a further 3 years.
Wider network
The charity actively recruits players from the Weetabix League Clubs that serves North Northants. We also have wider club links across South Leicestershire too.
We also actively align our social community fund raising with Cransley Hospice Trust to fulfil our wider objective of "Building Players with Purpose". This is because we believe developing players is more than football at Fundamental.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 1195372
Principal address
80 Warkton Lane Barton Seagrave Kettering NN15 5A
Trustees
T Long J S Mortimore N Hughes P Hopper
Independent Examiner
Infinitas Accountants Limited Unit 6 North Business Park Cherry Hall Road Kettering Northamptonshire NN14 1UE
Approved by order of the board of trustees on 28 February 2025 and signed on its behalf by:
T Long - Trustee
Page 3
Independent Examiner's Report to the Trustees of Northants Fundamental Football Club CIO
Independent examiner's report to the trustees of Northants Fundamental Football Club CIO
I report to the charity trustees on my examination of the accounts of Northants Fundamental Football Club CIO (the Trust) for the year ended 30 June 2024.
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:
-
accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
-
the accounts do not accord with those records; or
-
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.
Caroline Armstrong FCA
Infinitas Accountants Limited Unit 6 North Business Park Cherry Hall Road Kettering Northamptonshire NN14 1UE
28 February 2025
Page 4
NORTHANTS FUNDAMENTAL FOOTBALL CLUB CIO
Statement of Financial Activities for the Year Ended 30 June 2024
| 2024 Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 72,170 Other trading activities 2 500 Other income 256 Total 72,926 EXPENDITURE ON Raising funds 73,105 NET INCOME/(EXPENDITURE) (179) RECONCILIATION OF FUNDS Total funds brought forward 680 TOTAL FUNDS CARRIED FORWARD 501 |
2023 Total funds £ 49,189 3,418 - 52,607 55,583 (2,976) 3,656 680 |
|---|---|
The notes form part of these financial statements
Page 5
NORTHANTS FUNDAMENTAL FOOTBALL CLUB CIO
Balance Sheet 30 June 2024
| Notes FIXED ASSETS Tangible assets 5 CURRENT ASSETS Debtors 6 Cash at bank |
2024 2023 Unrestricted Total fund funds £ £ 2,022 1,901 835 3,524 403 267 |
|---|---|
| CREDITORS Amounts falling due within one year 7 |
1,238 3,791 (2,759) (5,012) |
| NET CURRENT ASSETS | (1,521) (1,221) |
| TOTAL ASSETS LESS CURRENT LIABILITIES | 501 680 |
| NET ASSETS/(LIABILITIES) | 501 680 |
| FUNDS 8 Unrestricted funds: General fund |
501 680 |
| TOTAL FUNDS | 501 680 |
The financial statements were approved by the Board of Trustees and authorised for issue on 28 February 2025 and were signed on its behalf by:
T Long - Trustee
The notes form part of these financial statements
Page 6
NORTHANTS FUNDAMENTAL FOOTBALL CLUB CIO
Notes to the Financial Statements for the Year Ended 30 June 2024
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.
Computer equipment - 10% 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.
Page 7
continued...
NORTHANTS FUNDAMENTAL FOOTBALL CLUB CIO
Notes to the Financial Statements - continued for the Year Ended 30 June 2024
2. OTHER TRADING ACTIVITIES
----- Start of picture text -----
||||
|---|---|---|
|2024|2023|
|£|£|
|Sponsorships|500|3,418|
----- End of picture text -----
3. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 30 June 2024 nor for the year ended 30 June 2023.
Trustees' expenses
There were no trustees' expenses paid for the year ended 30 June 2024 nor for the year ended 30 June 2023.
4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
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|||
|---|---|
|Unrestricted|
|fund|
|£|
|INCOME AND ENDOWMENTS FROM|
|Donations and legacies|49,189|
|Other trading activities|3,418|
|Total|52,607|
|EXPENDITURE ON|
|Raising funds|55,583|
|NET INCOME/(EXPENDITURE)|(2,976)|
|RECONCILIATION OF FUNDS|
|Total funds brought forward|3,656|
|TOTAL FUNDS CARRIED FORWARD|680|
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Page 8
continued...
NORTHANTS FUNDAMENTAL FOOTBALL CLUB CIO
Notes to the Financial Statements - continued for the Year Ended 30 June 2024
----- Start of picture text -----
5. TANGIBLE FIXED ASSETS
Computer
equipment
£
COST
At 1 July 2023 2,716
Additions 814
At 30 June 2024 3,530
DEPRECIATION
At 1 July 2023 815
Charge for year 693
At 30 June 2024 1,508
NET BOOK VALUE
At 30 June 2024 2,022
At 30 June 2023 1,901
6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade debtors 835 1,827
-
Prepayments 1,697
835 3,524
7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade creditors - 1
Other creditors 2,759 5,011
2,759 5,012
8. MOVEMENT IN FUNDS
Net
movement At
At 1.7.23 in funds 30.6.24
£ £ £
Unrestricted funds
General fund 680 (179) 501
TOTAL FUNDS 680 (179) 501
----- End of picture text -----
Page 9
continued...
NORTHANTS FUNDAMENTAL FOOTBALL CLUB CIO
Notes to the Financial Statements - continued for the Year Ended 30 June 2024
8. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Unrestricted funds General fund |
Incoming resources £ 72,926 |
Resources Movement expended in funds £ £ (73,105) (179) |
|---|---|---|
| TOTAL FUNDS | 72,926 | (73,105) (179) |
| Comparatives for movement in funds Unrestricted funds General fund |
At 1.7.22 £ 3,656 |
Net movement At in funds 30.6.23 £ £ (2,976) 680 |
| TOTAL FUNDS | 3,656 | (2,976) 680 |
| Comparative net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 52,607 |
Resources Movement expended in funds £ £ (55,583) (2,976) |
|
| TOTAL FUNDS | 52,607 | (55,583) (2,976) |
| A current year 12 months and prior year 12 months combined position is as follows: Net movement At At 1.7.22 in funds 30.6.24 £ £ £ Unrestricted funds General fund 3,656 (3,155) 501 |
||
| TOTAL FUNDS | 3,656 | (3,155) 501 |
Page 10
continued...
NORTHANTS FUNDAMENTAL FOOTBALL CLUB CIO
Notes to the Financial Statements - continued for the Year Ended 30 June 2024
8. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund |
Incoming Resources resources expended £ £ 125,533 (128,688) |
Movement in funds £ (3,155) |
|---|---|---|
| TOTAL FUNDS | 125,533 (128,688) |
(3,155) |
9. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 30 June 2024.
Page 11
NORTHANTS FUNDAMENTAL FOOTBALL CLUB CIO
Detailed Statement of Financial Activities for the Year Ended 30 June 2024
| INCOME AND ENDOWMENTS Donations and legacies Donations Gift aid Subscriptions |
2024 2023 £ £ 4,311 1,120 9,381 7,963 58,478 40,106 |
|---|---|
| Other trading activities Sponsorships Other income General Income |
72,170 49,189 500 3,418 256 - |
| Total incoming resources EXPENDITURE Other trading activities Bad debts Support costs Management Insurance Finance Bank charges Other Pitch and room hire Telephone Sundries Equipment and maintenance Events League and referee costs Coaching courses Computer costs Admin support Coaching Advertising Entertainment Travel costs Use of home as office Professional fees Computer equipment |
72,926 52,607 160 97 495 743 880 686 10,828 9,249 1,731 576 1,459 777 18,055 11,379 4,093 5,407 4,146 3,327 76 407 1,474 1,455 12,580 10,615 11,749 6,899 634 133 681 276 1,609 1,341 120 120 50 20 693 543 |
| 69,978 52,524 |
This page does not form part of the statutory financial statements
Page 12
NORTHANTS FUNDAMENTAL FOOTBALL CLUB CIO
Detailed Statement of Financial Activities for the Year Ended 30 June 2024
| Other Governance costs Auditors' remuneration |
2024 2023 £ £ 1,592 1,533 |
|---|---|
| Total resources expended | 73,105 55,583 |
| Net expenditure | (179) (2,976) |
This page does not form part of the statutory financial statements
Page 13
Infinitas Accountants Limited Unit 6 Kettering North Business Park Cherry Hall Road Kettering Northamptonshire NN14 1UE
Dear Sirs
The following representations are made on the basis of enquiries of management and staff with relevant knowledge and experience such as we consider necessary in connection with your independent examination of the charity’s financial statements for the year ended 30 June 2024. These enquiries have included inspection of supporting documentation where appropriate and are sufficient to satisfy ourselves that we can make each of the following representations. All representations are made to the best of our knowledge and belief.
General
-
We acknowledge that the work performed by you is substantially less in scope than an audit performed in accordance with International Standards on Auditing (UK) and that you do not express an audit opinion.
-
We confirm that the charity was entitled to exemption under section 144 of the Charities Act 2011 the requirement to have its financial statements for the financial year ended 30 June 2024 audited.
-
We have fulfilled our responsibilities as trustees as set out in the terms of your engagement letter dated 16 November 2023, under the Charities Act 2011 for preparing financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), for being satisfied that they give a true and fair view and for making accurate representations to you.
-
All the transactions undertaken by the charity have been properly reflected and recorded in the accounting records.
-
All the accounting records have been made available to you for the purpose of your independent examination. We have provided you with unrestricted access to all appropriate persons within the charity, and with all other records and related information requested, including minutes of all management and trustee meetings and correspondence with The Charity Commission.
Assets and liabilities
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The charity has satisfactory title to all assets and there are no liens or encumbrances on the charity’s assets, except for those that are disclosed in the notes to the financial statements.
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All actual liabilities, contingent liabilities and guarantees given to third parties have been recorded or disclosed as appropriate.
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We have no plans or intentions that may materially alter the carrying value and, where relevant, the fair value measurements or classification of assets and liabilities reflected in the financial statements.
Accounting estimates
- The methods, data and significant assumptions used by us in making accounting estimates, and their related disclosures, are appropriate to achieve recognition, measurement and disclosure that is reasonable in the context of the applicable financial reporting framework.
Legal claims
- We have disclosed to you all claims in connection with litigation that have been, or are expected to be, received and such matters, as appropriate, have been properly accounted for and disclosed in the financial statements.
Laws and regulations
- We have disclosed to you all known instances of non-compliance or suspected non-compliance with laws and regulations whose effects should be considered when preparing the financial statements.
Related parties
- Related party relationships and transactions have been appropriately accounted for and disclosed in the financial statements. We have disclosed to you all relevant information concerning such relationships and transactions and are not aware of any other matters which require disclosure in order to comply with legislative and accounting standards requirements.
Subsequent events
- All events subsequent to the date of the financial statements which require adjustment or disclosure have been properly accounted for and disclosed.
Going concern
- We believe that the charity's financial statements should be prepared on a going concern basis on the grounds that current and future sources of funding or support will be more than adequate for the charity’s needs. We have considered a period of twelve months from the date of approval of the financial statements. We believe that no further disclosures relating to the charity's ability to continue as a going concern need to be made in the financial statements.
Grants and donations
- All grants, donations and other income, the receipt of which is subject to specific terms or conditions, have been notified to you. There have been no breaches of terms or conditions in the application of such income.
Yours faithfully
.............................................................................................................................. Signed on behalf of the board of trustees
Date
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