# **ANNUAL REPORTS AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST JULY 2023** ## **ALOYSIUS FOOTBALL CLUB** (Charitable Incorporated Organisation) **CHARITY REGISTRATION No: 1196507** Castle View Accounting Ltd Ground Floor Offices 53 High Street Arundel West Sussex BN18 9AJ ## **ALOYSIUS FOOTBALL CLUB** (Charitable Incorporated Organisation) ## **CONTENTS** |Page 3|Legal and Administrative Information| |---|---| |Pages 4 to 9|Trustees' Report| |Page 10|Statement of Financial Activities| |Page 11|Balance Sheet| |Pages 12 to 18|Notes to the Financial Statements| |Page 19|Independent Examiner's Report| 2 ## **ALOYSIUS FOOTBALL CLUB** (Charitable Incorporated Organisation) ## **LEGAL AND ADMINISTRATIVE INFORMATION** ## **CHARITY NUMBER** **CHARITY NUMBER** 1196507 **DATE OF REGISTRATION** 10th November 2021 **START OF FINANCIAL YEAR** 1st August 2022 **END OF FINANCIAL YEAR** 31st July 2023 **TRUSTEES AT 31ST JULY 2023** Claudio Solari Patrick Rooney Tony Smith **LEGAL STATUS** Charitable Incorporated Organisation **GOVERNING INSTRUMENT** CIO - Foundation Registered 10th November 2021 ## **OBJECTS** The promotion of community participation in healthy recreation for the benefit of children and young people aged 6 to 18 in the City of London and the London Boroughs of Barnet, Brent, Camden, Hackney, Haringey and Islington by the provision of facilities for the playing of Football and other sports capable of promoting physical health and fitness (for the purpose of this clause "facilities" means Land, Building, Equipment, access to Coaching and Organising Sporting Activities). ## **CORRESPONDENCE ADDRESS** Sports Ground Hurst Avenue Whitecrofts London N6 5XT ## **PRIMARY BANKERS** ## **INDEPENDENT EXAMINERS** Starling Bank Limited 5th Floor London Fruit & Wool Exchange 1 Duval Square London E1 6PW Castle View Accounting Ltd Ground Floor Offices 53 High Street Arundel West Sussex BN18 9AJ 3 ## **ALOYSIUS FOOTBALL CLUB** (Charitable Incorporated Organisation) ## **TRUSTEES' REPORT FOR THE YEAR ENDED 31ST JULY 2023** ## **Invitation to Register/Renew Membership for Season 2022-23** ## **Age Group: U16- Squad Size 20 Players** ## **Year Groups: 10/11** ## **League Entry & AFC Pathway** We have entered a U16 Team into the Watford Friendly League; this will involve travelling to away games most of which are within the TfL tube/bus network. Players must be willing to travel and make necessary arrangements as a group or individually. AFC will assist whenever possible, but this should not be relied upon. All home fixtures and training will be at Hurst Avenue N6 5XT. We have now established AFC Football Pathway - See Attached Chart U16 Players if selected can train with Senior squad of players to further enhance ability and experience. You could be open for selection for squads of the following teams: - Islington Mid-Week League - played at Market Road. - Middlesex County League- Saturday pm Kick off, we are targeting entry into Premier Division by season 2023-24 this is Step 7/Level 11 of National League System (NLS). - AFC Senior Sunday side, playing in Edmonton & District League. - Old Aloysians – Old Boys league and LOB/AFA Cup entry. Plenty of scope and opportunity. ## **Registration Membership Includes** - Player Registration onto Whole Game System and WFL. - Mid-Week Training Sessions 1.50 Hours twice per week: (U16 Squad and Senior Teams). - AFC Home Kit. - Sunday match day in WFL & Cup Competition(s). - Selection in any other Squad listed above (subject to League Registration criteria). - Winter training on Artificial grass surface ## **Season Membership Fee** - Full Fee – September to April 8 months @ £50.00 per month - FSM Discount Fee- £25 per month - Sibling Discount Fee- £40 per month (any age group 1 Sibling gets 20% discount) - Special Circumstances: We will consider exceptional circumstances on an individual application basis; this can result in FREE membership where applicable (Email: enquiries@aloysiusfc.com for further details) ## **Registration Process** - Complete Registration Form- via QR Code - Applications will be reviewed, priority given to Existing Members - Upon acceptance players will need to provide a passport quality photo and make FIRST monthly payment from accepted category - Applications need to be submitted by Friday 8[th] July 4 ## **ALOYSIUS FOOTBALL CLUB** (Charitable Incorporated Organisation) ## **TRUSTEES' REPORT (Continued) FOR THE YEAR ENDED 31ST JULY 2023** ## **SCHOLARSHIP/COLLEGE PROGRAMME** AFC are in the process of setting up our Scholarship/College Programme this will be available from September 2023 for Year Group 12 & 13 for players that have played one season for AFC and are committed to Higher Education mixed with sports, your registration with AFC for season 2022-23 guarantees you will be able to make an application for Fully Funded place. We are looking to enter discussions with Zero Gravity a Provider of Mentoring services to enhance chances of entry into top Universities across UK. ## **SCAN QR CODE FOR MEMBERSHIP FORM** 5 ## **ALOYSIUS FOOTBALL CLUB** (Charitable Incorporated Organisation) ## **TRUSTEES' REPORT (Continued) FOR THE YEAR ENDED 31ST JULY 2023** ## **Extract From “Aloysius Football Club Commitment To St Aloysius Playing Fields Charitable Trust (SAPFCT) May 2021”** ## _**Aims, Ambitions & Benefits of Aloysius FC**_ · _To re-stablish links with St Aloysius’ College and to offer opportunity for both boys and girls to play for newly formed AFC and to establish a link and pathway from School to youth teams to Old Boys and to VETS._ · _AFC will seek to gain FA Standard Charter status as soon as possible. This includes the development of a robust Safeguarding policy._ · _To start with 3 to 4 teams in Season 2021/22, with a goal to grow to ten teams by commencement of season 2022/23. We plan to have at least one team in every year from 8 years old to 18 years old._ · _To provide excellent coaching to all players at all levels._ · _To provide a friendly club where players, coaches and parents all contribute and where values reflect those of the parent institution, St Aloysius’ College._ · _To improve the quality and performance of the club to achieve continuous improvement not only for the First Team but all teams within the club._ · _To assist in the development of the facilities (e.g., Changing Rooms) to continually improve the offering to the School, the club, and the community._ · To explore the development of an St Aloysius’ College Diploma in Sport Programme that would offer Further Education to 16–19-year-olds through coaching and management educational courses. (NB Part of the UK Government’s initiative to improve access to further education for 16-18year olds. See https://www.1st4sportqualifications.com/centre_information/centreinfo_our_qualifications/qualificationbin/1st4sport-level-3diploma-in-sport-and-physical-activities/ ) · _To maximise revenues from Grants from funding bodies such as the Football Foundation, Sport England, Islington Council and more to reduce the financial burden on St Aloysius’ College and School Trustees._ ## _**Commitments from AFC**_ · _To obtain and maximise Football Foundation grants for pitch barriers, lighting and additional goals and other equipment/upgrades available – This will be supported with AFC part funding to ensure viability of facility._ - _Creation of a Café – to provide refreshments to additional users/visitors._ · _Localised pitch repair and maintenance during season in conjunction with Trustees & OA’ to use grass pitch maintenance fund._ - _Offer management duties on high activity days for AFC, we anticipate this to be each Sunday._ ## _**AFC Tenancy Proposal**_ _AFC to become a Significant Tenant for the entire facility working alongside the existing OA’s management and the Trustees and acknowledging the existing formal and informal current arrangements:_ _1. St Aloysius’ College- Mon- Fri term time use until 5 pm_ _2. St Aloysius’ College- Saturday am use of Pitch No. 1 or 2_ _3. Cricket club use through the months of June- August 2021_ _4. Hurling club use (time/days to be clarified)_ _5. LB Islington use (time/days to be clarified)_ _6. Third party team such as Highgate Albion & Women’s team_ 6 ## **ALOYSIUS FOOTBALL CLUB** (Charitable Incorporated Organisation) ## **TRUSTEES' REPORT (Continued) FOR THE YEAR ENDED 31ST JULY 2023** ## _**OAFC/VETS**_ _As OAs ourselves we will work closely with current OA’s committee and bar management to ensure the maximum potential is made of the facility that prioritises use for all teams under the Aloysius badge, we believe we can assist with the continuous improvement of OA’s teams and bring additional resources to the club._ ## _**Pitch Condition & Maintenance**_ _Pitch condition and maintenance will be always of paramount importance and the ultimate sanction to proceed to play during severe weather will rest with School Playing Fields Trustees Representative - Mr Tony Besagni._ _We fully commit to working closely with Tony Besagni and anticipate the need for localised pitch repairs and maintenance outside of the regular maintenance contract operated by School Trustees._ _We are currently assisting in obtaining Football Foundation funding for The Grass Pitch Maintenance fund that will offer substantial grants for each pitch over a 6-year term. This grant application is now being considered by The Football Foundation and can provide as much as £11,000 per annum of pitch repair funding on behalf of The Trustees of the playing fields._ ## **Aloysius FC Performance Review Year 2 Targets** ## **1. Re-establish links with St Aloysius’ College** - AFC made an early approach to Ms Paula Whyte- Headteacher and Stewart Henderson Head of PE. We were invited to give presentations to all Year Groups 7,8,9,10, 12 & 13 on 30 June 2021. - AFC provided Free Futsal coaching after school club on Monday afternoons at School Hall - AFC established U13 and U15 sides that contained twenty-seven players from St Aloysius’ College 71% of squad depth. - AFC financially supported 67% of the St Aloysius’ players with 50% reduced fees and in some instances Free football. - Season 2022-23 AFC continued to work with St Aloysius College to develop relationships and collaboration. - **2** . **AFC will seek to gain FA Charter Standard as soon as possible.** - AFC achieved ENGLAND FOOTBALL ACCREDITATION February 2022 and renewed 2022-23 ## **3** . **AFC TO FORM 3 TO 4 TEAMS IN SEASON 2021-22** - AFC formed teams at U7-U15, senior Mid-Week team & Senior Sunday side, recruiting 140-150 players through the age groups. Season 2022-23 AFC had the following teams: ## **Watford Friendly league (WFL)** · U7 · U8 - U9 Lions - U9 Tigers - U10 - U11 - U12 ## **Outside of WFL** - U13-U15 Development Squad. - Senior sides. - Islington Mid Week. - Edmonton & District Sunday League. 7 ## **ALOYSIUS FOOTBALL CLUB** (Charitable Incorporated Organisation) ## **TRUSTEES' REPORT (Continued) FOR THE YEAR ENDED 31ST JULY 2023** ## **Middlesex County Saturday League Division 1** · To explore the development of an St Aloysius’ College Diploma in Sport Programme. AFC researched and prepared a draft proposal for St Aloysius college’ to consider, it was decided that September 2023 is a realistic target to work towards. ## **To maximise revenues from Grants from funding bodies such as the Football Foundation, Sport England & LB Islington:** · AFC achieved approval from Charity Commission November 2021 which enables significant funding opportunities to be further explored for season 2022-23. · AFC were able to purchase 18 portable floodlights for winter training, we received 75% funding from Football Foundation and 25% from a private individual sponsor (Old Aloysian Member). ## **As OAs ourselves we will work closely with current OA’s committee and bar management:** · AFC established a good working relationship with our colleagues that run OA’s and the Clubhouse facilities, AFC have full use of the kitchen (AFC Café) during all our weekend sessions. ## **Pitch condition and maintenance will be always of paramount importance, we are currently assisting in obtaining Football Foundation funding for The Grass Pitch Maintenance fund that will offer substantial grants for each pitch over a 6-year term:** - AFC applied for and were granted Grass Pitch Maintenance fund of £11,000 on behalf of SAPFCT. ## **Aloysius FC Financials Summary** ## **04 September to 31 March- Season 1** |· Income|£43,856| |---|---| |· Costs|£43,610| |· Surplus|£246| |· Creditors|£1,253| |**Annual Income 01 July 2021- 30 June 2022**|| |· Income|£53,377| |· Costs|£51,761| |· Surplus|£1,616| |**Projected Income/Costs July 2022- June 2023**|| |· Football Costs (Venue & coaching)|£64,000| |· Other costs inc Funding contribution|£11,000| |· Football Fee Income|£40,000| |· AFC Café- Surplus|£5,000| |· Team Sponsors|£5,000| |· Anticipated Shortfall|£25,000| ## **AFC anticipate a shortfall in income against costs for the following reasons:** - Quality of the Coaching and team programme offered. - Venue costs- AFC take a significant share of pitch time to allow Club growth and capacity. - Discount and special consideration offer to players from deprived backgrounds- we aim to achieve a No Financial Barriers approach to player involvement in Aloysius FC. - To attract the players for U16, Development Squad & Elite squad we believe these will need to be heavily subsidised. Actual Income was £71,136 and costs £69,998, so income exceeded budget expectation. ## **Additional Funding Sources** We are looking to bridge the income shortfall by way significant increase in sponsorships, single source funding from the within the Aloysian family or grant funding through Social Enterprise groups. If we are unable to obtain the additional funds required we will need to reduce our ability to offer free or heavily subsidised football to teams identified. 8 ALOYSIUS FOOTBALL CLUB {Chari￿t￿e Incor￿rated Organtsalb)nl TRUSTEES, REPORT (Continued) FOR THE YEAR ENDED 31ST JULY 2023 TruGtees' Rgspondbllltl The trustees ar? reSpO￿ltIe pr8pArSThJ th8 TnAtev5' Repyi the fiTh8rKfal statwts kn 0Cwd•￿ wth aFf4K*48 ¢wKraly AGGepiod Pr￿1￿> IGMPI Fi(WKial atstwjad 101 The fvrwnGlal ReForbry Stsnd•rdaF(4Kabl8 in th8 UK ollr¢larnl Iurth Ge￿rally￿￿OPted Accwn*irvJ Prncticel. ew of Ihe slate of affair5 of the CIO ol or Il* CK) th81 pDri•l ITh k¥epwrq Ih)Be fin￿ela1 sla¢ernen¢5 the trustees we roqund to.. Sew $uitot4e ￿¢¢XIn*t¥4 pc4Kies •nd ath them Obs¢r¥e th? metho15 wrKI rriwl8s In Ihe Chwthes SORP.. MakejL¥198ment8 and estirnat88 that8re aThY disch)50d and OW￿ned in tho finwKial sialements,. ntinug In 0xts18￿. fln¥￿￿￿1 pwltton ol the tharny aryl Qnatyv th•rn Ilwi crwldttj AL'I 201 I. UI Charity IAccwnl$ p4vJ Repyt51 RogulBticffls 2tl)6 wbJ Iho tl* GO¥￿ D￿¢￿￿￿L Thy yr• r¢sp)rv&St4¢ fty safeguardiNJ fv •sws ￿ IN* •rKI hencg t*J"ry leas￿atrA0 slep8 Ih• aThl deteckn offraud 9n•d ¢M th* bthdlty Tn*t••.................... .. Prknt•d NBMW. PAf RIC￿ £ooAÉI ## **ALOYSIUS FOOTBALL CLUB** (Charitable Incorporated Organisation) ## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST JULY 2023** |**Notes**
**INCOMING RESOURCES**
**Incoming Resources from Generated Funds**
Donations, Grants & Legacies
**3a**
Charitable Activities
**3b**
Activities for Generating Funds
**3c**
Investment Income
**3d**
Other Incoming Resources
**3e**
**TOTAL INCOMING RESOURCES**
**RESOURCES EXPENDED**
**Costs of Generating Funds**
Cost of Charitable Activities
**4a**
Governance Costs
**4b**
**TOTAL RESOURCES EXPENDED**
**NET INCOMING (OUTGOING) RESOURCES**
Funds Brought Forward
Transfer of Funds
**18**
**TOTAL FUNDS CARRIED FORWARD**|Unrestricted
Restricted
**TOTAL**
**TOTAL**
Funds
Funds
**2022/23**
**2021/22**
£
£
£
£
10,979
-
10,979
-
49,176
-
49,176
24,043
10,706
-
10,706
7,431
-
-
-
-
275
-
275
1,584
**71,136**
**-**
**71,136**
**33,057**
68,593
-
68,593
30,593
1,405
-
1,405
765
**69,998**
**-**
**69,998**
**31,358**
**1,138**
**-**
**1,138**
**1,699**
4,107
-
4,107
-
-
-
-
2,407
**5,245**
**-**
**5,245**
**4,107**| |---|---| Movements on all reserves and all recognised gains and losses are shown above. All of the organisation's operations are classed as continuing. The notes on pages 12 to 18 form part of these financial statements. 10 ALOYSIUS FOOTBALL CLUB Icharilable Incorporaled Organisationl BALANCE SHEET AS AT 31ST JULY 2023 Totsl 314ul.23 Totol 31.Jul.22 Not• FurK15 Furhys Flxod A¥￿ts Tary￿& A#s•l8 Inwestrnents Total Flx•¢l AM•t¥ Curr•nt A8s•ts Debtor8 & Pr8paym8nls Cash at Bank and in Har•1 Toial Curr•nt A$i•ts 6.025 6.025 6.025 6,025 4.707 4.707 Cr•dltorn lthrs 5248 &243 4.107 TOTALASSETS108sowrwrt liotlltiqs 5.245 5.245 4,107 Cr•dltorn Amwni¥ lthrYJ In mor• Ilwn NET A88ET8 6.245 6.346 4.107 Fund¥of ¢h•Ch•rlty Gonor￿ Funds Re51ric¢ed Fundi 5245 &245 4.107 Tot41 Fund• $.245 5245 4.107 &gned on Ihew b•WtyTIuii¢o......................... .... Prfn¢ed Nam& UA £¢J9J£Y ## **ALOYSIUS FOOTBALL CLUB** (Charitable Incorporated Organisation) ## **NOTES TO THE FINANCIAL STATEMENTS** ## **FOR THE YEAR ENDED 31ST JULY 2023** ## **1. ACCOUNTING POLICIES** ## **Basis of Preparation & Assessment of Going Concern** ## **Basis of Preparation** The 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. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (SORP 2015) (Second Edition, effective 1st January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) and the Charities Act 2011. The Charity meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost unless otherwise stated in the relevant accounting policy notes. ## **Assessment of Going Concern** Preparation of the accounts is on a going concern basis. The trustees consider that there are no material uncertainties about the Charity’s ability to continue as a going concern. ## **Incoming Resources** ## _**Recognition of Incoming Resources**_ These are included in the Statement of Financial Activities (SOFA) when: ▪ the charity becomes entitled to the resources; ▪ the trustees are virtually certain they will receive the resources; and ▪ the monetary value can be measured with sufficient reliability ## _**Incoming Resources with Related Expenditure**_ Where incoming resources have related expenditure (as with fundraising or contract income) the incoming resource and related expenditure are reported gross in the SOFA. ## _**Grants and Donations**_ Grants and Donations are only included in the SOFA when the charity has unconditional entitlement to the resources. ## _**Tax Reclaims on Donations and Gifts**_ Incoming resources from tax reclaims are included in the SOFA at the same time as the gift to which they relate. ## _**Contractual Income and Performance Related Grants**_ This is only included in the SOFA once the related goods or services have been delivered. ## _**Gifts in Kind**_ Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realised. Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or distributed by the charity. Gifts in kind for use by the charity are included in the SOFA as incoming resources when receivable. Perishable and non perishable food items donated to the Charity for onward distribution to beneficiaries are not valued in the Statement of Financial Activity. ## _**Donated Services and Facilities**_ These are only included in incoming resources (with an equivalent amount in resources expended) where the benefit to the charity is reasonably quantifiable, measurable and material. The value placed on these resources is the estimated value to the charity of the service or facility received. ## _**Volunteer Help**_ The value of any voluntary help received is not included in the accounts. ## _**Investment Income**_ This is included in the accounts when receivable. ## _**Investment Gains and Losses**_ This included any gain or loss on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year. 12 ## **ALOYSIUS FOOTBALL CLUB** (Charitable Incorporated Organisation) ## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST JULY 2023** ## **1. ACCOUNTING POLICIES (continued)** ## **Expenditure and Liabilities** ## _**Liability Recognition**_ Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources. ## _**Governance Costs**_ Include costs of the preparation and examination of statutory accounts, the costs of the trustees meetings and cost of any legal advice to trustees on governance or constitutional matters. ## _**Grants with Performance Conditions**_ Where the charity gives a grant with conditions for its payment being a specific level of service or output to be provided, such grants are only recognised in the SOFA once the recipient of the grant has provided the specified service or output. ## _**Grants Payable without Performance Conditions**_ These are only recognised in the accounts when a commitment has been made and there are no conditions to be met relating to a grant which remain in control of the charity. ## _**Investments**_ Investments quoted on a recognised stock exchange are valued at market value at the year end. Other investment assets are included at trustees' best estimate of market value. ## _**Unrestricted funds**_ These funds can be used for the general objectives of the charity as set out in the trustees report. The movements of the unrestricted funds are given in the Statement of Financial Activities. ## _**Restricted funds**_ These funds are where the donor has specified a purpose for the donation made. These restrictions often arise as a result of appeals for special offerings for specific purposes. ## _**Designated funds**_ These funds are funds set aside by the trustees out of unrestricted general funds for particular purposes or projects. ## _**Fixed Assets**_ Fixed Assets are capitalised if they can be used for more than one year and cost at least £1,500. They are valued at cost or, if gifted, at the value to the charity on receipt. ## _**Depreciation Expense**_ Depreciation is calculated at a rate to write off the cost of tangible fixed assets over their estimated useful lives. The rates applied are as follows: Fixtures, Fittings and Equipment 25% - Reducing Balance Basis ## **2. TANGIBLE FIXED ASSETS** The CIO held no fixed assets during this or the previous financial period. The annual commitments under non-cancelling operating leases and capital commitments are as follows: 31st July 2023 : None 31st July 2022 : None 13 ## **ALOYSIUS FOOTBALL CLUB** (Charitable Incorporated Organisation) ## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST JULY 2023** ## **3. INCOMING RESOURCES** |**Note**
**a) Donations, Grants & Legacies**
Gifts & Donations
**b) Charitable Activities**
Player Fees
Tournament Income
**c) Activities for Generating Funds**
Café Income
Pitch Hire
**d) Investment Income**
Interest
**e) Other Incoming Resources**
Sundry Income|Unrestricted
Restricted
**TOTAL**
**TOTAL**
Funds
Funds
**2022/23**
**2021/22**
£
£
£
£
10,979
-
10,979
-
**10,979**
**-**
**10,979**
**-**
47,217
-
47,217
24,043
1,959
-
1,959
-
**49,176**
**-**
**49,176**
**24,043**
8,938
-
8,938
6,811
1,768
-
1,768
620
**10,706**
**-**
**10,706**
**7,431**
-
-
-
-
**-**
**-**
**-**
**-**
275
-
275
1,584
**275**
**-**
**275**
**1,584**| |---|---| 14 ## **ALOYSIUS FOOTBALL CLUB** (Charitable Incorporated Organisation) ## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST JULY 2023** ## **4. RESOURCES EXPENDED** |**Note**
**a) Cost of Charitable Activities**
Administrative Expenses
Catering Costs
Coaching Costs
Equipment Costs
Kit Costs
League Registration Fees
Pitch & Pavilion Hire
Sundry Expenses
Travel & Subsistence
Trophy Costs
**b) Governance Costs**
Independent Examiners Fees
**9**
Legal & Professional Fees|Unrestricted
Restricted
**TOTAL**
**TOTAL**
Funds
Funds
**2022/23**
**2021/22**
£
£
£
£
1,814
-
1,814
1,066
846
-
846
1,891
25,104
-
25,104
13,165
9,717
-
9,717
430
6,560
-
6,560
1,468
450
-
450
512
22,462
-
22,462
11,425
743
-
743
366
145
-
145
35
751
-
751
235
**68,593**
**-**
**68,593**
**30,593**
780
-
780
600
625
-
625
165
**1,405**
**-**
**1,405**
**765**| |---|---| 15 ## **ALOYSIUS FOOTBALL CLUB** (Charitable Incorporated Organisation) ## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST JULY 2023** ## **5. RESTRICTED FUNDS** The CIO held no Restricted Funds during this or the previous financial period. ## **6. INVESTMENTS** The CIO held no fixed assets investments during this or the previous financial period. ## **7. CASH AT BANK AND IN HAND** ||Unrestricted|Restricted|**Total**
**Total**| |---|---|---|---| ||Fund|Fund|**31-Jul-23**
**31-Jul-22**| ||£|£|**£**
**£**| |Cash at Bank & in Hand|6,025||-
6,025
4,707| ||**6,025**||**-**
**6,025**
**4,707**| |**8. DEBTORS AND PREPAYMENTS**
Sundry Debtors|Unrestricted
Fund
£
-|Restricted
Fund
£|**Total**
**Total**
**31-Jul-23**
**31-Jul-22**
**£**
**£**
-
-
-| ||**-**||**-**
**-**
**-**| |**9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Independent Examiners Fees|Unrestricted
Fund
£
780|Restricted
Fund
£|**Total**
**Total**
**31-Jul-23**
**31-Jul-22**
**£**
**£**
-
780
600| ||**780**||**-**
**780**
**600**| ## **10. CREDITORS: AMOUNTS FALLING DUE IN MORE THAN ONE YEAR** The CIO held no long term liabilities during this or the previous financial period. ## **11. NET ASSETS BETWEEN FUNDS** |Fixed Asset Investments
Net Current Assets
Long Term Liabilities|Unrestricted
Restricted
**Total**
**Total**
Funds
Funds
**31-Jul-23**
**31-Jul-22**
£
£
£
£
-
-
-
-
5,245
-
5,245
4,107
-
-
-
-
**5,245**
**-**
**5,245**
**4,107**| |---|---| 16 ## **ALOYSIUS FOOTBALL CLUB** (Charitable Incorporated Organisation) ## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST JULY 2023** ## **12. STAFF COSTS AND NUMBERS** The Charity employed no members of staff during this or the previous financial period. ## **13. TRUSTEES AND OTHER RELATED PARTIES** The only payments made to the Trustees consisted of reimbursements of expenses incurred in furthering the Charity's objects and no direct benefits were received by the Trustees during the financial period. No other payments were made to trustees or any persons connected with them during this financial period. No material transaction took place between the organisation and a trustee or any person connected with them. ## **14. RISK ASSESSMENT** The Trustees actively review the major risks which the charity faces on a regular basis and believe that maintaining the free reserves stated, combined with the annual review of the controls over key financial systems carried out on an annual basis will provide sufficient resources in the event of adverse conditions. The Trustees have also examined other operational and business risks which they face and confirm that they have established systems to mitigate the significant risks. ## **15. RESERVES POLICY** The Trustees have considered the level of reserves they wish to retain, appropriate to the CIO's needs. This is based on the CIO's size and the level of financial commitments held. The Trustees aim to ensure the CIO will be able to continue to fulfil its charitable objectives even if there is a temporary shortfall in income or unexpected expenditure. The Trustees will endeavour not to set aside funds unnecessarily. ## **16. PUBLIC BENEFIT** The CIO acknowledges its requirement to demonstrate clearly that it must have charitable purposes or ‘aims’ that are for the public benefit. Details of how the CIO has achieved this are provided in the Trustees report. The Trustees confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the CIO should undertake. 17 ## **ALOYSIUS FOOTBALL CLUB** (Charitable Incorporated Organisation) ## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST JULY 2023** ## **18. TRANSFER OF FUNDS** During the financial period the Trustees of Aloysius Football Club sought guidance and advice and have agreed to register the new Charitable Incorporated Organisation, Aloysius Football Club (Registered Charity Number 1196507). All Assets and liabilities were transferred to Aloysius Football Club (Registered Charity Number 1196507) during the financial period ended 31st July 2022. The following assets and liabilities represent the CIO's operations prior to registering the Charitable Incorporated Organisation with the Charity Commission and the assets and liabilities transferred during the period ended 31st July 2022 are as follows: |**Fixed Assets**
Tangible Assets
**Current Assets**
Debtors & Prepayments
Cash at Bank and in Hand
**Total Current Assets**
**NET CURRENT ASSETS**
**TOTAL ASSETS**less current liabilities
**NET ASSETS**
**Funds of the Charity**
General Funds
Restricted Funds
**Total Funds Transferred**
**Creditors:**amounts falling due within one year|Unrestricted
Restricted
**Total**
Funds
Funds
**10-Nov-21**
£
£
**£**
-
-
-
-
-
-
2,407
-
2,407
**2,407**
**-**
**2,407**
-
-
-
2,407
-
2,407
**2,407**
**-**
**2,407**
**2,407**
**-**
**2,407**
2,407
-
2,407
-
-
-
**2,407**
**-**
**2,407**| |---|---| 18 ## **ALOYSIUS FOOTBALL CLUB** (Charitable Incorporated Organisation) ## **INDEPENDENT EXAMINER’S REPORT ON THE ACCOUNTS** Report to the trustees/ members of Aloysius Football Club on the accounts for the year ended 31st July 2023 set out on pages 10 to 18. ## **Respective responsibilities of trustees and examiner** The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to: - examine the accounts under section 145 of the Charities Act, - follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and - state whether particular matters have come to my attention ## **Basis of independent examiner’s statement** My examination was carried out in accordance with 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 concerning 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 matter has come to my attention: 1. which gives me reasonable cause to believe that in any material respect, the requirements: - to keep accounting records in accordance with section 130 of the Charities Act; and - to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met; or 2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. K. Collaku MAAT Castle View Accounting Ltd Ground Floor Offices 53 High Street Arundel West Sussex BN18 9AJ Date: 23rd August 2024 19