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2025-06-30-accounts

Registered number: 03796679 Charity number: 1198600

SHROPSHIRE FOOTBALL ASSOCIATION LIMITED

UNAUDITED

TRUSTEES' REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

SHROPSHIRE FOOTBALL ASSOCIATION LIMITED

(A company limited by guarantee)

CONTENTS

Page
Reference and administrative details of the Charitable Company, its Trustees and 1
advisers
Chairman and CEO’s statements 2 - 3
Trustees' report 4 - 7
Independent examiner's report 8 - 9
Statement of financial activities 10
Balance sheet 11 - 12
Notes to the financial statements 13 - 26

SHROPSHIRE FOOTBALL ASSOCIATION LIMITED

(A company limited by guarantee)

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITABLE COMPANY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 30 JUNE 2025

Trustees D J Simpson, Chair
M Cole
M R Hames
Z Hannington
K Heseltine
E Jones
I J Preece
L J Williams
Company registered 03796679
number
Charity registered 1198600
number
Registered office Shropshire Football Association
2 High Street
Dawley
Telford
TF4 2ET
Company secretary A Weston
Chief executive officer A Weston
Accountants ChadStone Accountancy & Tax
The Hangar
Hadley Park East
Telford
Shropshire
TF1 6QJ

Page 1

SHROPSHIRE FOOTBALL ASSOCIATION LIMITED (A company limited by guarantee)

CHAIRMAN AND CEO'S STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025

The chairman presents his statement for the year.

Governance and the FA Code

In January 2020, The Football Association took a bold step by becoming the first national governing body in English sport to launch a regional Code of Governance. Now widely adopted and endorsed by Sport England, this ‘Gold Standard’ framework of 99 requirements was designed to ensure the highest levels of corporate governance across all County FAs.

As you know, the code becomes mandatory for all County FAs from the 2025–2026 season. I am proud to report that Shropshire FA now meets the 99 key governance requirements, verified through a rigorous external audit process.

My sincere thanks to the entire Staff and Board for the immense dedication and perseverance shown in achieving this. It was a demanding and detailed process, and your collective effort has positioned Shropshire FA as a national leader in good governance.

FA’s 2040 Programme and Vision Alignment

The past 18 months, we have been liaising with the FA on their future ambitions and how they see the role of County FA’s in the future. This has been a difficult time for all involved as many different proposals have been tabled and discussed. It is clear moving forward that funding will remain stagnant and this year again has seen us have a reduction in our funding.

The situation and relationship with the FA has become difficult as they tighten the funding given to counties, this got to a point earlier this season when we and several other counties sought legal advice regarding our contract agreements.

At the time of writing, we hope we are nearing the end of this process and that Shropshire FA continues to move forward and lead the game across the County.

Growth in the Female Game

This season has seen remarkable progress in the female game across Shropshire. Both the Girls’ and Women’s Leagues are now fully embedded within the Shropshire FA family, benefitting from increased visibility, resources, and tailored development support.

Looking ahead, we are preparing to accelerate growth in the female game. We will introduce a range of targeted incentives over the next 12 months to increase participation, improve accessibility, and ensure more meaningful playing opportunities for girls and women of all ages.

A particular highlight this season was the feature on Shropshire FA’s female staff team in the Shropshire Star and Express & Star newspapers to mark International Women’s Day. Spanning over four pages, the article spotlighted their passion, work ethic, and vital contributions to football development across the region. We are proud of the visibility this gave to our efforts in promoting gender equality in sport.

Strategic Development and Sustainability

We have now completed Year 1 of our four-year strategy, and I’m pleased to report that funding is secured until 2028, providing a stable platform for continued growth and innovation. We are currently on target to meet the key performance indicators (KPIs) set by the FA and will continue to refine our delivery models to ensure we remain agile, sustainable, and impactful.

To that end, we have established a new subsidiary company to act as a dedicated service provider. This entity will oversee governance functions, football services, and an expanding portfolio of commercial activities,

Page 2

SHROPSHIRE FOOTBALL ASSOCIATION LIMITED

(A company limited by guarantee)

including sponsorship, training, and digital services. This structure is designed to future-proof our operations, ensuring we continue to serve the grassroots community effectively while growing our commercial capability and financial sustainability.

New Headquarters in Dawley

A major infrastructure milestone this year was the purchase of new offices on High Street, Dawley, which marks a significant step forward in our operational capacity. The new headquarters, fully operational by the end of May, concludes our three-year temporary accommodation arrangement with AFC Telford United.

The new facility not only provides a modern and professional workspace for our staff but also offers new community engagement potential and a long-term asset that strengthens the organisation's balance sheet.

Team Expansion

Each of them adds to the strength of our organisation, and we look forward to their continued contributions.

Thank You to Our Football Family

I would like to extend my heartfelt thanks to our Board, staff, leagues, clubs, referees, and most importantly, the volunteers. Without your passion, resilience, and countless hours of service, football in Shropshire would not thrive the way it does.

The dedication of our volunteer workforce, from committee members to pitch-side helpers, is the true backbone of grassroots football. This report stands as a tribute to your commitment and love for the game.

We are deeply grateful to our sponsors for their generous support. Your commitment and partnership make everything we do possible. Thank you for being an essential part of our work.

Shropshire FA now represents 1000 teams with 13000 players across every age group, gender and footballing ability.

Long-Service Recognition

Their lifelong service to football is both humbling and inspiring. On behalf of the Board and the entire County FA, we thank them for their extraordinary commitment to the sport and their local communities.

Looking Ahead

As we head into 2025–2026, Shropshire FA is well-positioned to not only meet our governance obligations but to continue being a progressive and responsive organisation. With a renewed strategy, robust leadership, and a growing team of talented professionals and partners, the future of football in our county is bright.

Dave Simpson

Chairman, Shropshire Football Association

Page 3

SHROPSHIRE FOOTBALL ASSOCIATION LIMITED

(A company limited by guarantee)

The CEO presents his report for the year.

The 2024–25 season has represented the first full year of delivery under our new 2024–28 Strategy, marking a transition from consolidation into structured implementation and growth.

During the year, Shropshire FA has focused on embedding strategic priorities approved by The FA, strengthening governance, and increasing participation across the county. Staffing capacity has been further strengthened to support the growth and administration of the game. This is required as our League development continues to grow with the expansion of both the Girls and Womens leagues, the continued success of Salop Leisure and the newly launched Veterans league.

During 24-25 we have achieved the FA Code of Governance and the Preliminary Level of the Equality Standard. The Association delivered high-quality services to clubs, leagues, referees, and volunteers, culminating in a successful programme of County Cup Finals delivered to a high standard with strong attendance and media coverage with our online visibility increasing over all platforms

I would like to thank the clubs, leagues, volunteers, referees, partners, and staff who continue to make grassroots football possible across the county.

Achievements and Performance – 2024–25

The Salop Leisure League continued to operate successfully across adult and Under-18 football. The Women’s League completed a further successful season, and the Association continued to administer the Shropshire Girls’ League and the Women’s League.

Delivery of the 2024–28 Strategy progressed with secured FA funding and continued work to ultimately achieve the Preliminary Level of the Equality Standard and the FA Code of Governance. Safeguarding remained a priority with strong compliance and club accreditation.

Seventeen County Cup Finals were delivered, supported by strong communications and media engagement, with Shrewsbury Town hosting a final for the first time in nearly 10 years. AFC Telford United again provided a perfect venue for cup finals along with Shawbury United.

Participation across male, female, youth, and disability football remained strong, supported by an expanding volunteer workforce and ongoing referee recruitment and development. This work resulted in 437 referees registered, over 13,000 players registered and nearly 4,000 registered volunteers and coaches.

We held another successful Grassroots awards with over 170 volunteers from across the County attending at Shrewsbury Town, whilst we also recognised 5 stalwarts of the game in Shropshire who have dedicated over 50 years’ service to Shropshire Football.

Andy Weston

CEO, Shropshire Football Association

Page 4

SHROPSHIRE FOOTBALL ASSOCIATION LIMITED (A company limited by guarantee)

TRUSTEES' REPORT FOR THE YEAR ENDED 30 JUNE 2025

The Trustees present their annual report together with the financial statements of the Charitable Company for the year 1 July 2024 to 30 June 2025. The Annual report serves the purposes of both a Trustees' report and a directors' report under company law. The Trustees confirm that the Annual report and financial statements of the charitable company comply with the current statutory requirements, the requirements of the charitable company's governing document and the provisions of the Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019).

Since the Charitable Company qualifies as small under section 382 of the Companies Act 2006, the Strategic report required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors' Report) Regulations 2013 has been omitted.

Shropshire Football Association Limited (Company No 03796679) registered with the Charity Commission on 12 April 2022.

Objectives and activities

a. Policies and objectives

The Association's objects are for the public benefit generally but with particular reference to the inhabitants of the county and its surrounding areas:

Our Vision is to create opportunities to empower and inspire people to enjoy football and our Mission is to lead, promote, develop and support lifelong community participation through football.

In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)'.

Page 5

(A company limited by guarantee)

SHROPSHIRE FOOTBALL ASSOCIATION LIMITED

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025

Objectives and activities (continued)

b. Strategies for achieving objectives

STRATEGIC PRIORITIES

STRATEGIC DRIVERS

Achievements and performance

a. Main achievements of the Charitable Company

The Salop Leisure League continued to operate successfully across adult and Under-18 football. The Women’s League completed a further successful season, and the Association continued to administer the Shropshire Girls’ League and the Women’s League.

Delivery of the 2024–28 Strategy progressed with secured FA funding and continued work to ultimately achieve the Preliminary Level of the Equality Standard and the FA Code of Governance. Safeguarding remained a priority with strong compliance and club accreditation.

Seventeen County Cup Finals were delivered, supported by strong communications and media engagement, with Shrewsbury Town hosting a final for the first time in nearly 10 years. AFC Telford United again provided a perfect venue for cup finals along with Shawbury United.

Participation across male, female, youth, and disability football remained strong, supported by an expanding volunteer workforce and ongoing referee recruitment and development. This work resulted in 437 referees registered, over 13,000 players registered and nearly 4,000 registered volunteers and coaches.

We held another successful Grassroots awards with over 170 volunteers from across the County attending at Shrewsbury Town, whilst we also recognised 5 stalwarts of the game in Shropshire who have dedicated over 50 years’ service to Shropshire Football.

Page 6

SHROPSHIRE FOOTBALL ASSOCIATION LIMITED (A company limited by guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025

Financial review

a. Going concern

After making appropriate enquiries, the Trustees have a reasonable expectation that the Charitable Company has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.

b. Reserves policy

Shropshire FA maintains free reserves to fund potential new initiatives including new headquarters and as a shield against any future downturns or unexpected expenditure. The trustees have established a policy of currently maintaining reserves at a 6-month operating level. This is reviewed annually and is amended as perceptions of risk and other factors change.

Free reserves comprise of unrestricted funds, less designated funds and fixed assets. At the end of the financial year the free reserves balance stood at £187,043. Total funds were £784,206, of which £14,701 were restricted.

Structure, governance and management

a. Constitution

Shropshire Football Association Limited is registered as a charitable company limited by guarantee and was set up by a Memorandum of Association dated 24 May 2021, and accepted by the Charity Commission on 12 April 2022.

b. Methods of appointment or election of Trustees

The management of the Charitable Company is the responsibility of the Trustees who are elected and co-opted under the terms of the Memorandum of Association.

Plans for future periods

Page 7

SHROPSHIRE FOOTBALL ASSOCIATION LIMITED (A company limited by guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025

Statement of Trustees' responsibilities

The Trustees (who are also the directors of the Charitable Company for the purposes of company law) are responsible for preparing the Trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the Trustees to prepare financial statements for each financial year. Under company law, the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Charitable Company and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:

The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Charitable Company's transactions and disclose with reasonable accuracy at any time the financial position of the Charitable Company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Charitable Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by order of the members of the board of Trustees and signed on their behalf by:

................................................ D J Simpson (Chair of Trustees)

Date:

Page 8

SHROPSHIRE FOOTBALL ASSOCIATION LIMITED (A company limited by guarantee)

INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 30 JUNE 2025

Independent examiner's report to the Trustees of Shropshire Football Association Limited ('the Charitable Company')

I report to the charity Trustees on my examination of the accounts of the Charitable Company for the year ended 30 June 2025.

Responsibilities and basis of report

As the Trustees of the Charitable Company (and its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Charitable Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the Charitable Company's accounts carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Page 9

SHROPSHIRE FOOTBALL ASSOCIATION LIMITED (A company limited by guarantee)

INDEPENDENT EXAMINER'S REPORT (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025

Independent examiner's statement

Since the Charitable Company's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of ACCA, which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the Charitable Company as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].

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.

This report is made solely to the Charitable Company's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the Charitable Company's Trustees those matters I am required to state to them in an Independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Charitable Company and the Charitable Company's Trustees as a body, for my work or for this report.

Signed: Dated:

D J Leddington BSc FCCA

ChadStone Accountancy & Tax The Hangar Hadley Park East Telford TF1 6QJ

Page 10

SHROPSHIRE FOOTBALL ASSOCIATION LIMITED (A company limited by guarantee)

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 30 JUNE 2025

Note
Income from:
Donations and legacies
3
Charitable activities
4
Other trading activities
5
Investments
6
Total Income
Expenditure on:
Charitable activities
7
Total expenditure
Net income before net
(losses)/gains on investments
Net (losses)/gains on investments
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Net movement in funds
Total funds carried forward		 Restricted
funds 2025
£
6,866
-
-
-
6,866
2,350
2,350
-
4,516
10,185
4,516
14,701		 Unrestricted
funds 2025
£
241,741
259,275
-
23,911
524,927
434,632
434,632
-
90,295
679,210
90,295
769,505		 Total
funds
2025
£
248,607
259,275
-
23,911
531,793
436,982
436,982
-
94,811
689,395
94,811
784,206		 Total
funds
2024
£
244,933
215,473
(171)
22,778
483,013
400,834
400,834
-
-
82,179
607,216
82,179
689,395

The Statement of financial activities includes all gains and losses recognised in the year.

The notes on pages 13 to 26 form part of these financial statements.

Page 11

SHROPSHIRE FOOTBALL ASSOCIATION LIMITED

(A company limited by guarantee)

BALANCE SHEET FOR THE YEAR ENDED 30 JUNE 2025

Note
Fixed assets
Tangible assets
12
Investments
13
Current assets
Debtors
14
Cash at bank and in hand
Creditors: amounts falling due within one
year
15
Net current assets
Total assets less current liabilities
Total net assets		 22,139
191,226		 2025
£
2,462
580,000
582,462
201,744
784,206
784,206		 23,754
332,520		 2024
£
3,030
340,000
343,030
346,365
213,365
(11,621)		 356,274
(9,909)
689,395
689,395

Page 12

(A company limited by guarantee)

SHROPSHIRE FOOTBALL ASSOCIATION LIMITED

BALANCE SHEET (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025

Note
Charity funds
Restricted funds
16
Unrestricted funds
16
Total funds		 2025
£
14,701
769,505
784,206		 2024
£
10,185
679,210
689,395

The Charitable Company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The members have not required the company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006.

The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime.

The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by:

................................................

D J Simpson

(Chair of Trustees)

Date:

The notes on pages 13 to 26 form part of these financial statements.

Page 13

SHROPSHIRE FOOTBALL ASSOCIATION LIMITED (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025

1. General information

Shropshire Football Association Limited (Company No 03796679) registered with the Charity Commission 12 April 2022 to convert from a private limited company to a Charitable Company limited by guarantee. It is incorporated in England and Wales, with a registered office address and principal place of business at Shropshire Football Association, 2 High Street, Dawley, Telford, TF4 2ET.

2. Accounting policies

2.1 Basis of preparation of financial statements

The financial statements 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), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Shropshire Football Association Limited meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.

2.2 Going concern

The Trustees have considered the going concern basis of the financial statements preparation and have concluded that the Charitable Company has adequate resoucres to continue in operational existence for the foreseeable future. They continue to adopt the going concern basis of accounting in preparing the financial statements.

2.3 Income

All income is recognised once the Charitable Company has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

Grants are included in the Statement of financial activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued.

On receipt, donated goods and services are recognised on the basis of the value of the donation to the Charitable Company which is the amount it would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt unless it is impractical to measure this reliably

Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable.

Page 14

(A company limited by guarantee)

SHROPSHIRE FOOTBALL ASSOCIATION LIMITED

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025

2. Accounting policies (continued)

2.4 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, 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 classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.

Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charitable Company's objectives, as well as any associated support costs.

All expenditure is inclusive of irrecoverable VAT.

2.5 Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the Charitable Company; this is normally upon notification of the interest paid or payable by the institution with whom the funds are deposited.

2.6 Tangible fixed assets and depreciation

Tangible fixed assets costing £100 or more are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably.

Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.

Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives,

Depreciation is provided on the following basis:

Office equipment - 25% reducing balance

2.7 Investments

Fixed asset investments are stated at market value at the Balance Sheet date. Any movements in market value arising during the year are shown as unrealised gains of losses in the Statement of Financial Activities. The investment relates to property purchased during this financial year and is valued using a directors' estimate of the market value.

2.8 Debtors

Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Page 15

SHROPSHIRE FOOTBALL ASSOCIATION LIMITED (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025

2. Accounting policies (continued)

2.9 Cash at bank and in hand

Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

2.10 Liabilities and provisions

Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.

Liabilities are recognised at the amount that the Charitable Company anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

2.11 Financial instruments

The Charitable Company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

2.12 Pensions

The Charitable Company operates a defined contribution pension scheme and the pension charge represents the amounts payable by the Charitable Company to the fund in respect of the year.

2.13 Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charitable Company and which have not been designated for other purposes.

Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charitable Company for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

Investment income, gains and losses are allocated to the appropriate fund.

Page 16

SHROPSHIRE FOOTBALL ASSOCIATION LIMITED (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025

3. Income from donations and
legacies
Rule 8e funding
Sponsorship
Grants
Total 2024
4. Income from charitable activities
County FA affiliations
Cup entry fees & gate income
Leagues
Discipline
Referee courses
Football development
Coach education
Services
Insurance
Other income
Total 2024		 Restricted
funds 2025
£
-
-
6,866
6,866		 Unrestricted
funds 2025
£
23,166
9,994
208,581
241,741		 Total funds
2025
£
23,166
9,994
215,447
248,607		 Total funds
2024
£
21,343
1,820
221,770
244,933
244,933
Total funds
2025
£
26,904
4,337
42,402
71,423
30,274
7,295
13,563
-
54,045
9,032
259,275
215,473		 Total funds
2024
£
16,443
3,594
26,574
66,782
30,751
11,650
9,059
-
39,208
11,412
6,034 238,899
Unrestricted
funds
2025
£
26,904
4,337
42,402
71,423
30,274
7,295
13,563
-
54,045
9,032
259,275
215,473
215,473

Page 17

SHROPSHIRE FOOTBALL ASSOCIATION LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025

5. Income from other trading activities

Income from non charitable trading activities

Unrestricted funds
2025
£
Sales
-
Total 2024
(171)
6. Investment income
Unrestricted funds
2025
£
Bank interest
3,211
Rental income
20,700
23,911
Total 2024
22,778
7. Analysis of expenditure on charitable
activities
Summary by fund type
Restricted funds
2025
£
Unrestricted
funds
2025
£
Charitable activities
2,350
434,632
Total 2024
4,115
396,719		 Unrestricted funds
2025
£
Sales
-
Total 2024
(171)
6. Investment income
Unrestricted funds
2025
£
Bank interest
3,211
Rental income
20,700
23,911
Total 2024
22,778
7. Analysis of expenditure on charitable
activities
Summary by fund type
Restricted funds
2025
£
Unrestricted
funds
2025
£
Charitable activities
2,350
434,632
Total 2024
4,115
396,719		 Total funds
2025
£
-
(171)
Total funds
2025
£
3,211
20,700
23,911
22,778
Total funds
2025
£
436,982
400,835		 Total funds
2024
£
(171)
Total funds
2024
£
3,938
18,839
22,778
Total funds
2024
£
400,835
396,719

Page 18

SHROPSHIRE FOOTBALL ASSOCIATION LIMITED (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025

8. Analysis of expenditure by activities

Charitable activities
Total 2024
Analysis of direct costs
Leagues
Referee Courses
Football Development
Coach Education
Insurance
Cup Expenses
Referee & Mentor Payments
Ticket Purchases
Total 2024		 Activities
undertaken
directly
2025
£
90,487		 Support
costs
2025
£
346,495		 Total
funds
2025
£
436,982		 Total
funds
2024
£
400,835
88,647 312,188 400,835
Total
funds
2025
£
13,853
12,115
2,929
96
38,759
9,958
5,945
6,832
90,487
88,647		 Total
funds
2024
£
20,121
10,439
2,523
348
19,707
16,075
5,215
14,219
Charitable
activities
2025
£
13,853
12,115
2,929
96
38,759
9,958
5,945
6,832
90,487
88,647
88,647

Page 19

SHROPSHIRE FOOTBALL ASSOCIATION LIMITED (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025

8. Analysis of expenditure by activities (continued)

Analysis of support costs

Charitable
activities
2025
£
Staff costs
209,366
Depreciation
823
Services
30,689
Insurance
2,613
Travel Expenses
3,887
Leases
-
Rent & Utilities
19,028
Administration & Postage
2,691
IT
4,480
Refreshments
2,039
Other Staff Costs
8,966
Communications
4,763
Bank Charges
1,631
Professional Fees
11,697
Other Expenditure
16,658
Governance costs
4,544
Repairs and Maintenance
22,620
346,495
Total 2024
312,188
9.
Independent examiner's remuneration
Fees payable to the Charitable Company's independent examiner for the
independent examination of the Charitable Company's annual accounts
Fees payable to the Charitable Company's independent examiner in respect of:
All taxation advisory services not included above
All other services not included above		 Total
funds
2025
£
209,366
823
30,689
2,613
3,887
-
19,028
2,691
4,480
2,039
8,966
4,763
1,631
11,697
16,658
4,544
22,620
346,495
312,188
2025
£
2,000
600
-		 Total
funds
2024
£
194,531
1,011
21,919
2,039
3,709
(79)
20,588
4,038
3,142
2,747
8,946
5,227
1,584
10,753
18,173
4,094
9,766
312,188
2024
£
2,000
600
-

Page 20

SHROPSHIRE FOOTBALL ASSOCIATION LIMITED (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025

10. Staff costs

Wages and salaries
Social security costs
Contribution to defined contribution pension schemes		 2025
£
187,551
17,988
3,827
209,366		 2024
£
175,880
14,971
3,680
194,531

The average number of persons employed by the Charitable Company during the year was as follows:

2025 2024
No. No.
Employees 8 8

No employee received remuneration amounting to more than £60,000 in either year.

Key Management Personnel total remuneration totalled £51,083. This includes gross wages plus employer NI and pension contributions.

11. Trustees' remuneration and expenses

During the year, no Trustees received any remuneration or other benefits (2024 - £NIL) .

During the year the Chairman, D J Simpson was paid a honorarium of £3,000 (2024 - £3,000) .

During the year ended 30 June 2025, expenses totalling £ NIL were reimbursed or paid directly to Trustees (2024 - £NIL) .

Page 21

SHROPSHIRE FOOTBALL ASSOCIATION LIMITED (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025

12. Tangible fixed assets

12. Tangible fixed assets
Cost or valuation
At 1 July 2024
Additions
Disposals
At 30 June 2025
Depreciation
At 1 July 2024
Charge for the year
On disposals
At 30 June 2025
Net book Value
At 30 June 2025
At 30 June 2024
13. Fixed asset investments
Cost or valuation
At 1 July 2024
Additions
At 30 June 2025
Net book value
At 30 June 2025
At 30 June 2024		 Office
equipment
£
7,222
255
-
7,477
4,192
823
-
5,015
2,462
3,030
Property
investment
£
340,000
240,000
580,000
580,000
340,000

Page 22

SHROPSHIRE FOOTBALL ASSOCIATION LIMITED (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025

14. Debtors

14. Debtors
Due within one year
Trade debtors
Other debtors
Prepayments and accrued income		 2025
£
10,356
8,873
2,910
22,139		 2024
£
12,844
8,929
1,981
23,754

15 Creditors: Amounts falling due within one year

.

Trade creditors
Other taxation and social security
Pension liability
Accruals and deferred income		 2025
£
6,518
2,343
-
2,760
11,621		 2024
£
1,353
4,888
-
3,668
9,909

Page 23

SHROPSHIRE FOOTBALL ASSOCIATION LIMITED (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

16. Statement of funds

Statement of funds – current year

Unrestricted funds
Designated funds
Benevolent fund
General funds
Reserves
Total Unrestricted
funds
Restricted funds
Squad Girls
Wildcats
Just Play
Match Day Coaching
Walking Football
Disability
Grass Pitch Support
Football Delivery
Male Pathway
Paratalent
Total of funds		 Balance at
1 July 2024
£
4,340
674,870
679,210
5,450
-
2,075
-
-
-
1,000
802
8
850
10,185
689,395		 Income
£
1,000
523,927
524,927
500
1,400
525
-
-
2,300
-
2,141
-
-
6,866
531,793		 Expenditure
£
(1,500)
(433,132)
(434,632)
-
(300)
(250)
-
-
(1,800)
-
-
-
-
(2,350)
(436,982)		 Transfers
in/out
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Gains/
(Losses)
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Balance at
30 June
2025
£
3,840
765,665
769,505
5,950
1,100
2,350
-
-
500
1,000
2,943
8
850
14,701
784,206

Page 24

SHROPSHIRE FOOTBALL ASSOCIATION LIMITED (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025

16. Statement of funds (continued)

Designated funds consist of:

Benevolent fund - used to help football participants that are in need

Restricted funds consist of:

Squad Girls - FA Grant to pass on to clubs that provide a provision for girls football aged 12-14 Wildcats - FA Grant to pass on to clubs that provide a provision for girls football aged 5-11

Just Play - FA Grant to pass on to clubs that provide a provision for Just Play

Match Day Coaching - FA Grant to support referee mentors

Walking Football - Grant from Energise to support a provision of walking football

Disability - FA Grant to support disability football within the county

Grass Pitch Support - FA Grant to support grasspitches within the county Football Delivery - FA Grant to support the delivery of football within the county

Male Pathway - FA Grant to support the delivery of male football within the county

Paratalent - FA Grant to support disability football within the county

Page 25

(A company limited by guarantee)

SHROPSHIRE FOOTBALL ASSOCIATION LIMITED

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025

16.
Statement of funds (continued)
Statement of funds - prior year
Unrestricted funds
Designated funds
Benevolent Fund
General funds
General Funds
Total Unrestricted funds
17
.
Analysis of net assets between funds
Analysis of net assets between funds - current year		 Balance at
1 July
2023
£
4,340
594,640
598,950		 Movement
£
-
80,260
80,260		 Balance at
30 June
2024
£
4,340
674,870
679,210
Tangible fixed assets
Fixed asset investments
Current assets
Creditors due within one year
Total		 Restricted
funds
2025
£
Unrestricted
funds
2025
£
Total funds
2025
£
-
2,462
2,462
-
580,000
580,000
14,701
198,664
213,365
-
(11,621)
(11,621)
14,701
769,505
784,206

Page 26

SHROPSHIRE FOOTBALL ASSOCIATION LIMITED (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025

17. Analysis of net assets between funds (continued)

Analysis of net assets between funds - prior year

Tangible fixed assets
Fixed asset investments
Current assets
Creditors due within one year
Total		 Restricted
funds
2024
Unrestricted
funds
2024
£
£
-
3,030
-
340,000
10,185
346,089
-
(9,909)
10,185
679,210		 Total
funds
2024
£
3,030
340,000
356,274
(9,909)
689,395

18. Pension commitments

The charity operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the charity in an independently administered fund. The pension cost charge represents contributions payable by the charity to the fund and amounted to £3,827 (2024 - £3,680). The sum of £NIL (2024: £NIL) was payable to the fund at the balance sheet date and is included in creditors.

19. Related party transactions

There were related party transactions involving three trustees during the year.

As disclosed within the Trustee Remuneration note, D Simpson received an honorarium of £3,000 for his role as Chairman.

M Cole, Trustee, is a Director of TJ Vickers, a car dealership. TJ Vickers have provided a van for the use of SFA. This has not been accounted for within the Statement of Financial Activities as the charity cannot reliably quantify the benefit.

Page 27