Charity number: 1199608 SILLOTH AMATEUR FOOTBALL CLUB UNAUDITED TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 Chartered Tax Advisers ClifftTrrd Court Cooper Way Cadisle Cumbrrd OJG
SILLOTN AMATEUR FOOTBALL CLUB CONTENTS OF THE UNAUDrrED FINANCIAL sfATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 CONTENTS Page Charity Informatlon Trustee5' report Independent examinerfs report Statement of financlal activities Balance sheet Notes to the flnancial statements 8-10
SILLOTH AMATEUR FOOTBALL CLUB CHARITY INFORMATION FOR THE YEAR ENDED 30 JUNE 2024 Truste•s Mr L Wllson (Chair) Mr P Wlse Mrs A Taylor Mrs A Carr Mr P Donald Mrs A Wlse Mr B Hayhurst Prinapal Office 2 Church Terrace Sllloth Cumbrfa CA7 4BX Accountants Seavorchartered Chartered Accounts and Tax Advisers Clifford Court Cooper Way Cartisle Cumbrfa CA3 OJG Bankers Cumberland PAJilding Society Head Office Cumberfand House Cooper Way Carlisle Cumbria CA3 OJF Natwest 250 Bishopsgate London EC2M 4AA
SILLOTH AMATEUR FOOTBALL CLUB TRUSTEES REPORT FOR THE YEAR ENDED 30 JUNE 2024 The Trustees present thelr annual pOrt together with the financial statements for the year to 30 June 2024. OBJECTIVES AND AcfiviTIES Pollcles and Objectives In settlng objective5 and plannlng for artivities, ttte Tr¥J5tees have given due crjnslderation to general guidan publlshed by the chaty commission relating to the public benefit qUirement under the Charltles Art 2011. ACHIEVEMENTS AND PERFORMANCE Revlew of Activitles The charlty is an amateur sports club that provides sporting and football facllltles to chlldren, young people, and the general public of Sllloth and surrounding area. The club hosts and partakes In matches and tournaments wlth other communities in Cumbria. The Trustees are grdtefvl for the continued support for the charlty which enables them to meet the ongolng challenges of meetlng the objertives of the charity. FINANCIAL REVIEW Going Concern After makSng apprtsprtate enquiries. the tnJstees have a reasonable expertatlon that the charlty has adequate resources to continue in operational existence for the foreseeable fvture. For thhs reason, thev continue to adopt the golng concern basis in preparfng the flnanclal statements. Prin¢lpal Risks and Uncertainties The trustee5 have assessed the major rtsks to which the charlty Is exposed and are satisfied that systems and procedu5 a in place to mltigate OLbr exposure to the major rlsks. srRVCTURE, GOVERNANCE AND MANAGEMENT Constitutlon The prlnclpal objective of the charity Is to provlde an amateur football club. The charity is reglstered as a charttable incorporated organisation and was incorporated by a Memorandum of Association on 11 July 2022. The company was registered as a chaty on 11 July 2022. Mrthod of Appolntment or Elertion of Trustees The management of the charlty is the responsibility of the Trustees who are eletted and co-opted under the ternis of the Trust deed.
SILLOTH AMATEUR FOOTBALL CLUB TRvsfEES REPORT (continued) FOR THE YEAR ENDED 30 IUNE 2024 PRINCIPAL AcmimES Activit1¢$ Silloth Amateur Football Club provodes amateur football club services frjr the public benefit of the inhabitants of Silloth, to give them a safe space Whe they can become part of the football team and play other recreational sport artivrtles. Plans for fUre periods The charlty intends to contlnue to provide an amateur football club for the publlc benefrt for the inhabltants of Silloth.
SILLOTH AMATEUR FOOTBALL CLUB TRUSTEES REPORT (continued) FOR THE YEAR ENDED 30 JUNE 2024 TRusfEES' RESPOt4SIBILfrIES sfATEMENT The trustees are responsible for preparlng the Trustees, report and financial staternents in accordan wlth appllcable law and United Kingdom Accounting Standar¢Js {United KiThJdom Generally Accepted Accountlng Practlce). The law appllcable to charitles In select Jurisdittion requlres the Trustees to prepare financial staternents for each financial year which give a true and fair view of the state of affairs of the charfty and of the incomlng resources and applicatlon of resources of the charity for that perlod. In preparing these flnanclal statements, the trustees are required to: Select sultable accounting polioes and then apply them consistently; Make Judgements and estimates that are reasonable and prudent; observe the methods and principals in the Charities SORP- Prepare the financial statements on the going concem basls unless it is inapproprlate to presume that the charfty will continue In operation. The trustees are responsible for keeping accounting words which disclose with reasonable accuracy the financial posltlon of the charity and which enable them to ascertain the financial position of the charity and whith enable them to ensure the financial statements comply with the Charttles Act 2011, the Charity (Accounts and Reports) Regulations and the provisions of the trust deed. The trustees are responslble for the safeguarding the assets of the charlty and hence for taking reasonable steps for the preventlon and detection of fraud and other irregularities. Thls report was approved by the TNstees, on 13 May 2025 and is signed on their behalf by.. Mr L Wilson (Chair)
SILLOTH AMATEUR FOOTBALL CLUB INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 30 JUNE 2024 ZNDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SILLOTH AMATEUR FOOTBALL CLUB (the 'charlty') I report to the charity Tnjstees on my examination of the attounts of the charity for the year ended 30 June 2024. Thls port Is made solely to the charlty's Trustees. as a body, In attOrdan with Part 4 of the charlties {Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the charity's Trustees those matters l am required to state to them in an independent examinerfs Port and for no other purpose. To the fullest extent pemiitted by law, I do not accept or assume responsibillty to anyone other than the chartty and the charity's Trwstees as a bodys for my work or for this report. RESPONSIBIUTIES AND BA51S OF REPORT As the trustees of the char5ty you are responsible for the preparation of the accounts In accordance wlth the Charitles Act 2011 fthe Act"). I report In respect of my examlnation of the Trust's attounts carrled out under sectlon 145 of the 2011 Act and In carrying out my examination, I have ftjllowed all the appllcable Direttions given by the Charlty Commission under sectlon 145{5)(bl of the Act. INDEPENDENT EXAMINER'S STATEMENT E have completed my examination. I confirm that no material matters have come to my attentlon In connection wlth the examlnation which glves me cause to belleve that in, any material respert.. accountlng records were not kept in accordance wlth seLtion 130 of the Att- or the accounts dld not accord wtth the accounting records. or the accounts did not comply with the applicable requirements concernillg the form and content of accounts set out in the Charities (Accounts an<J Reports) Regulations 2008 other than any requlrement that the accounts give a 'true and fairf view which is not a matter consldered as part of an independent examination. I have no concems and have come across no other matters in connethon with the examlnatlon to whlch attention should be drawn In thls report in order to enable a proper understanding of the accounts to be reached. Graeme Seavor FCA CTA 13 May 2025 Seavorchartered Chartered Accounts and Tax Advlsers Cllfford Court Cooper Way Cadlsle Cumbrfa CA3 OJG
SILLOTH AMATEUR FOOTBALL CLUB STATEMENT OF FINANCIAL AcnvrriES FOR THE YEAR ENDED 30 JUNE 2024 Notes Unrestrlcted funds 2024 Total funds 2024 Total fund$ 2023 INCOME FROM Charitable actlvlties." Subscription income Sponsorshlp Income Donatlons Grant income 11.790 2,230 4,605 10,332 11,790 1230 4,605 10,332 58,488 153 2.000 4,100 28.957 28,957 EXPENDITURE ON Charitable a¢tlvftles.' Purchases Hire and leasing of equipment Staff traÈnlng Rent Travel and subsistence Repairs and renewals Insurance Printlng, postage and ststionery Accountancy fees Professlonal fees Sundry expenses Depreciation TOTAL EXPENDrruRE 6,918 3,762 380 412 6.918 3.762 380 412 4,983 200 142 306 200 6,298 39.061 3,960 12 835 39,061 3.960 12 835 835 3,090 971 2,244 448 2,244 58,032 58,032 17,034 NET MOVEMENT IN FUNDS (29.075) {29,075) 47,707
SILLOTH AMATEUR FOOTBALL CLUB BALANCE SHEET FOR THE YEAR ENDED 30 JVNE 2024 2024 2023 Notes FIXED ASSETS Tanglble Assets 3.550 CURRENT ASSETS Cash at bank an¢J In hand 16.752 16,752 48,543 48,543 CREDrroRS.. Falling du• within one year Accruals and deferred income 1,670 1.670 836 836 NEf CURRENT ASSEfs 15,082 47,707 ASSETS 18.632 47.707 CHARrrY FUNDS Unrestrlcted funds 18,632 47,707 TOTAL FUNDS 18.632 47,707 The charfty Balance Sheet Is approved by the Trustees, on 9 May 2025 and Is slgned on their behalf by: Mr L Wilson (Chair)
SILLOTH AMATEUR FOOTBALL CLUB NOTES TO THE FINANCIAL sfATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 I. ACCOUNTING POUCIES 1.1 Basls of preparatlon of financial $tat•ments The financial statements have been prepared In accordance with Accounting and Reporting by Chadtles: Statements of Recommended Practice applicable to charities prepar6ng their account In accordance wlth the Flnancial Reportlng Standard appllcable in the UK and Republic of Lreland (FRS102), the Charlties SORP (FRS 102). The financlal statements have been prepared under the historlcal cost conventlon with Items recognlsed at cost or transartion value unless othenY15e ststed In the revant notes to these accounts. 1.2 Income All Income Is recogn15ed once the tharity has entitlement to the income, it 15 probable that the income wlll be recelved and the amount of income re1vable can be measured rellably. Donated servi$ or facilities are recognised when the charity has control over the item, any condltions assoclated wlth the donated item have been met, the receipt of economic benefit from the use of the charlty of the item Is probable, and that economic benefit can be measured rellably. In accordance with the Charlties SORP {FRS 102), the general volunteer time of the Friends is not recognised and refer to the Trustees, report for more infomiatlon about their contribution. On receipt, donated profe55ional servlces and donated facfillties are recognised on the basis of the value of the glft to the charlty which Is the amount the charity would have been willing to pay to obtain servlces or facllities of equlvalent economlc benefit on the open market- a cOeSpOndIng amount is then recognlsed in expendlture in the perfod of recelpt. 1.3 Expendlturn Expenditure Is recognised once there is a legal or constructlve obligatoon to transfer economlc benefit to a third party, It is probable that a transfer of economic beneffts will be required In settlement and the amount of the obllgatlon can be measured reliably. 1.4 Tan9lble fixed assets and depreciation Tangible fixed assets a carried at cost, net of depreciatlon and any provision for Impalrment. Depreciation Is provided at rates calculated to write off the cost of fixed assets, less their estlmated resldual value, over thelr expected useful lives on the following bases: Plant and Equlpment 20% reducing balance 1.5 Cash at Bank and In hand Cash at bank and In hand Includes cash and short term highly liquld investments wlth a short maturfty of three months or less from the date of acquisthon or opening of the deposlt or simllar account.
SILLOTH AMATEUR FOOTBALL CLUB NOTES TO THE ACCOUNTS (continued) FOR THE YEAR ENDED 30 JUNE 2024 I. ACCOUNTING POLICIES (¢ontinu•d) 1.6 Liabllltles and provlsions Llabllities are recognised when there is an obli9atSon at the Balance sheet date as a resutt of a past events, it Is probable that a transfer of economic benefit will be required in settlement and the amount of the settlement can be estlmated reliably. Liabllltles are recognised at the amount that the charity anticipates it will pay to settle the debt or the amount it has recelved as advanced payments for the goods or services it must provlde. Provislons are measijred at the best estimate of the amounts requlred to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts discounted at the pre-tax discount rate that reflects the risks specific to the liabillty. The unwinding of the discount Is recognSsed wlthin Interest payable and similar charye5. 1.7 Financlal Instruments The charity only has financial assets and flnanoal liabilities of a kind that quallfy as baslc financlal Instruments. Basic financlal instruments are Initially reco9nised at transactlon value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost uslng the effective Interest method. 1.8 Fund accounting General funds a unsttted funds which are avallable for use at the discretion of the Trustees in furtherance of the general objective5 of the charity and which have not been designated for other purposes. 2. Average Number of Employe•s Average number of employees durong the perfod was: nil (2023: nil). 3. Grant Income 2024 2023 Grant income ICS,332 10.332 4,100 4.100
SILLOTH AMATEUR FOOTBALL CLUB NOTES TO THE ACCOUNTS (continued) FOR THE YEAR ENDED 30 JUNE 2024 4. Tan9ibl• Assets Plant and Equipment Total Cost Addltions durfng year As at 30 June 2024 3,999 3,999 3,999 3,999 Depre¢iatlon As at l July 2023 Provlded durlng the period As at 30 June 2024 449 449 449 449 Net Book Value As at 30 lune 2024 3,550 3,550 As at l July 2023 5. Cr•ditors 2024 2023 Accruals and deferred income 1,670 1.670 836 836 6. Reconciliatlon of Funds 2024 2023 Brought foThYard Surplus/(deficlt) In year Carrled forward 47.707 {29,075} 18,632 47.707 47,707 7. Related party transactlons There are no related party transactions which are required to be disclosed In accordance wlth the Finandal Reporting Standard applicable In the UK and Republic of Ireland (FRS1021 and the Charities SORP. -1