Company registration number: 13954868 Charity registration number: 1200083
## Banwell Football Club Ltd
(A company limited by guarantee)
Annual Report and Financial Statements
for the Year Ended 31 May 2024
Newsham Hanson Accountants Limited Edinburgh House 1-5 Bellevue Road Clevedon North Somerset BS21 7NP
## **Banwell Football Club Ltd**
## **Contents**
|Reference and Administrative Details|1|
|---|---|
|Trustees' Report|2 to 3|
|Independent Examiner's Report|4|
|Statement of Financial Activities|5 to 6|
|Balance Sheet|7|
|Notes to the Financial Statements|8 to 17|
## **Banwell Football Club Ltd**
## **Reference and Administrative Details**
**Charity Registration Number** 1200083 **Company Registration Number** 13954868 The charity is incorporated in England and Wales. **Registered Office** 18 Knightstone Road Weston-super-Mare BS23 2AW **Independent Examiner** Newsham Hanson Accountants Limited Edinburgh House 1-5 Bellevue Road Clevedon North Somerset BS21 7NP
Page 1
## **Banwell Football Club Ltd**
## **Trustees' Report**
The trustees, who are directors for the purposes of company law, present the annual report together with the financial statements of the charitable company for the year ended 31 May 2024.
## **Objectives and activities**
## _**Public benefit**_
The charity's objectives and it's principle activity is to promote community participation in healthy recreational activity for the inhabitants of Banwell and the surrounding areas by the provision of facilities for playing football.
The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.
## **Trustees and officers**
The trustees and officers serving during the year and since the year end were as follows:
Trustees: Christopher John King Brian Martin Peat Stephen Michael Smith
## **Statement of trustees' responsibilities**
The trustees (who are also the directors of Banwell Football Club Ltd 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), including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland".
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 the incoming resources and application of resources, including its income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable accounting standards, comprising FRS 102 have been followed, subject to any material departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
The trustees are responsible for keeping proper accounting records that can 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.
The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
Page 2
## **Banwell Football Club Ltd**
## **Trustees' Report**
The annual report was approved by the trustees of the charity on 25 September 2024 and signed on its behalf by:
......................................... Brian Martin Peat Trustee
Page 3
## **Banwell Football Club Ltd**
## **Independent Examiner's Report to the trustees of Banwell Football Club Ltd ('the Company')**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 May 2024.
## **Responsibilities and basis of report**
As the charity’s trustees of the Company (and also 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 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 your charity’s accounts as 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.
## **Independent examiner’s statement**
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 Banwell Football Club Ltd 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.
...................................... Newsham Hanson Accountants Limited
Edinburgh House 1-5 Bellevue Road Clevedon North Somerset BS21 7NP
25 September 2024
Page 4
## **Banwell Football Club Ltd**
## **Statement of Financial Activities for the Year Ended 31 May 2024 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)**
|**Note**
**Income and Endowments from:**
Donations and legacies
3
Other trading activities
4
Other income
Total income
**Expenditure on:**
Raising funds
5
Charitable activities
6
Other expenditure
7
Total expenditure
Net (expenditure)/income
Net movement in funds
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward
15
**Note**
**Income and Endowments from:**
Donations and legacies
3
Other trading activities
4
Other income
Total income
**Expenditure on:**
Raising funds
5
Charitable activities
6
Other expenditure
7
Total expenditure
Net income
Net movement in funds
**Reconciliation of funds**
Total funds carried forward
15|**Unrestricted**
**funds**
**£**
55,937
69,555
25,890
151,382
(63,284)
(64,158)
(26,322)
(153,764)
(2,382)
(2,382)
67,141
64,759
**Unrestricted**
**funds**
**£**
29,709
73,232
36,500
139,441
(34,000)
(36,132)
(2,168)
(72,300)
67,141
67,141
67,141|**Restricted**
**funds**
**£**
20,000
-
-
20,000
-
-
-
-
20,000
20,000
20,000
40,000
**Restricted**
**funds**
**£**
20,000
-
-
20,000
-
-
-
-
20,000
20,000
20,000|**Total**
**2024**
**£**
75,937
69,555
25,890|
|---|---|---|---|
||||171,382|
||||(63,284)
(64,158)
(26,322)|
||||(153,764)|
||||17,618|
||||17,618
87,141|
||||104,759|
||||**Total**
**2023**
**£**
49,709
73,232
36,500|
||||159,441|
||||(34,000)
(36,132)
(2,168)|
||||(72,300)|
||||87,141|
||||87,141|
||||87,141|
All of the charity's activities derive from continuing operations during the above two periods.
The notes on pages 8 to 17 form an integral part of these financial statements. Page 5
## **Banwell Football Club Ltd**
## **Statement of Financial Activities for the Year Ended 31 May 2024 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)**
The funds breakdown for 2023 is shown in note 15.
The notes on pages 8 to 17 form an integral part of these financial statements. Page 6
## **Banwell Football Club Ltd**
## **(Registration number: 13954868) Balance Sheet as at 31 May 2024**
|**Note**
**Fixed assets**
Tangible assets
10
Investments
11
**Current assets**
Debtors
12
Cash at bank and in hand
13
**Creditors: Amounts falling due within one year**
14
**Net current assets**
**Net assets**
**Funds of the charity:**
**Restricted income funds**
Restricted funds
**Unrestricted income funds**
Unrestricted funds
**Total funds**
15|**2024**
**£**
32,779
1
32,780
14,393
59,105
73,498
(1,519)
71,979
104,759
40,000
64,759
104,759|**2023**
**£**
5,006
1|
|---|---|---|
|||5,007|
|||16,432
67,142|
|||83,574
(1,440)|
|||82,134|
|||87,141|
|||20,000
67,141|
|||87,141|
For the financial year ending 31 May 2024 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the charity to obtain an audit of its accounts for the year in question in accordance with section 476; and
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements on pages 5 to 17 were approved by the trustees, and authorised for issue on 25 September 2024 and signed on their behalf by:
......................................... Brian Martin Peat Trustee
The notes on pages 8 to 17 form an integral part of these financial statements. Page 7
## **Banwell Football Club Ltd**
## **Notes to the Financial Statements for the Year Ended 31 May 2024**
## **1 Charity status**
The charity is limited by guarantee, incorporated in England and Wales, and consequently does not have share capital. Each of the trustees is liable to contribute an amount not exceeding £1 towards the assets of the charity in the event of liquidation.
The address of its registered office is: 18 Knightstone Road Weston-super-Mare BS23 2AW
These financial statements were authorised for issue by the trustees on 25 September 2024.
## **2 Accounting policies**
## **Summary of significant accounting policies and key accounting estimates**
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
## **Statement of compliance**
The financial statements have been prepared in accordance with 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)) (issued in October 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
## **Basis of preparation**
Banwell Football Club Ltd 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 notes.
## **Going concern**
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by the charity.
## **Income and endowments**
All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of the income receivable can be measured reliably.
## _**Donations and legacies**_
Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance by the charity before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that these conditions will be fulfilled in the reporting period.
Page 8
## **Banwell Football Club Ltd**
## **Notes to the Financial Statements for the Year Ended 31 May 2024**
## _**Grants receivable**_
Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released.
## **Expenditure**
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.
## _**Raising funds**_
These are costs incurred in attracting voluntary income, the management of investments and those incurred in trading activities that raise funds.
## **Support costs**
Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, for example, allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage.
## **Governance costs**
These include the costs attributable to the charity’s compliance with constitutional and statutory requirements, including audit, strategic management and trustees meetings and reimbursed expenses.
## **Government grants**
Government grants are recognised based on the accrual model and are measured at the fair value of the asset received or receivable. Grants are classified as relating either to revenue or to assets. Grants relating to revenue are recognised in income over the period in which the related costs are recognised. Grants relating to assets are recognised over the expected useful life of the asset. Where part of a grant relating to an asset is deferred, it is recognised as deferred income.
## **Taxation**
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
## **Tangible fixed assets**
Individual fixed assets costing £0.00 or more are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
## **Depreciation and amortisation**
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Page 9
## **Banwell Football Club Ltd**
## **Notes to the Financial Statements for the Year Ended 31 May 2024**
## **Business combinations**
Business combinations are accounted for under the purchase method. Where necessary, adjustments are made to the financial statements of subsidiaries to bring the accounting policies used into line with those used by the charity. All intra-group transactions, balances, income and expenses are eliminated on consolidation. In accordance with Section 35 of FRS 102, Section 19 of FRS 102 has not been applied in these financial statements in respect of business combinations effected prior to the date of transition.
## **Fixed asset investments**
Fixed asset investments, other than programme related investments, are included at market value at the balance sheet date. Realised gains and losses on investments are calculated as the difference between sales proceeds and their market value at the start of the year, or their subsequent cost, and are charged or credited to the Statement of Financial Activities in the period of disposal.
Unrealised gains and losses represent the movement in market values during the year and are credited or charged to the Statement of Financial Activities based on the market value at the year end.
## **Trade debtors**
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the charity will not be able to collect all amounts due according to the original terms of the receivables.
## **Cash and cash equivalents**
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
## **Fund structure**
Unrestricted income funds are general funds that are available for use at the trustees discretion in furtherance of the objectives of the charity.
Restricted funds are to be utilised for the improvement of facilities owned by Banwell Football Club.
## **Financial instruments**
## _**Classification**_
Financial assets and financial liabilities are recognised when the charity becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the charity after deducting all of its liabilities.
Page 10
## **Banwell Football Club Ltd**
## **Notes to the Financial Statements for the Year Ended 31 May 2024**
## _**Recognition and measurement**_
All financial assets and liabilities are initially measured at transaction price (including transaction costs), except for those financial assets classified as at fair value through profit or loss, which are initially measured at fair value (which is normally the transaction price excluding transaction costs), unless the arrangement constitutes a financing transaction. If an arrangement constitutes a financing transaction, the financial asset or financial liability is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Financial assets and liabilities are only offset in the statement of financial position when, and only when there exists a legally enforceable right to set off the recognised amounts and the charity intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.
Financial assets are derecognised when and only when a) the contractual rights to the cash flows from the financial asset expire or are settled, b) the charity transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or c) the charity, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.
Financial liabilities are derecognised only when the obligation specified in the contract is discharged, cancelled or expires.
## _**Fair value measurement**_
The best evidence of fair value is a quoted price for an identical asset in an active market. When quoted prices are unavailable, the price of a recent transaction for an identical asset provides evidence of fair value as long as there has not been a significant change in economic circumstances or a significant lapse of time since the transaction took place. If the market is not active and recent transactions of an identical asset on their own are not a good estimate of fair value, the fair value is estimated by using a valuation technique.
## **3 Income from donations and legacies**
|Donations and legacies;
Donations from companies, trusts and similar
proceeds
Donations from individuals
Grants, including capital grants;
Government grants
Grants from companies
Regular giving and capital donations
**Total for period ended 31 May 2024**
**Total for period ended 31 May 2023**|**Unrestricted**
**funds**
**General**
**£**
-
17,175
7,944
29,318
1,500
55,937
29,709|**Restricted**
**funds**
**£**
20,000
-
-
-
-
20,000
20,000|**Total**
**funds**
**£**
20,000
17,175
7,944
29,318
1,500|
|---|---|---|---|
||||75,937|
||||49,709|
Page 11
## **Banwell Football Club Ltd**
## **Notes to the Financial Statements for the Year Ended 31 May 2024**
## **4 Income from other trading activities**
|Events income;
Other events income
Membership subscriptions
Other income from other trading activities
**Total for period ended 31 May 2024**
**Total for period ended 31 May 2023**|**Unrestricted**
**funds**
**General**
**£**
8,732
60,773
50
69,555
73,232|**Total**
**funds**
**£**
8,732
60,773
50|
|---|---|---|
|||69,555|
|||73,232|
## **5 Expenditure on raising funds**
## **a) Costs of trading activities**
|**Note**
Costs of goods sold
**Total for period ended 31 May 2024**
**Total for period ended 31 May 2023**
**6**
**Expenditure on charitable activities**
**Note**
Governance costs
8
**Total for period ended 31 May 2023**|**Unrestricted**
**funds**
**General**
**£**
63,284
63,284
34,000
**Unrestricted**
**funds**
**General**
**£**
64,158
36,132|**Total**
**funds**
**£**
63,284|
|---|---|---|
|||63,284|
|||34,000|
|||**Total**
**costs**
**£**
**Total**
**funds**
**£**
64,158|
|||36,132|
Page 12
## **Banwell Football Club Ltd**
## **Notes to the Financial Statements for the Year Ended 31 May 2024**
## **Total expenditure £**
In addition to the expenditure analysed above, there are also governance costs of £64,158 (2023 - £36,132) which relate directly to charitable activities. See note 8 for further details.
## **7 Other expenditure**
|**Note**
Depreciation, amortisation and other similar costs
Allocated support costs
8
**Total for period ended 31 May 2024**
**Total for period ended 31 May 2023**|**Unrestricted**
**funds**
**General**
**£**
9,642
16,680
26,322
2,168|**Total**
**funds**
**£**
9,642
16,680|
|---|---|---|
|||26,322|
|||2,168|
## **8 Analysis of governance and support costs**
## **Governance costs**
|Other governance costs
**Total for period ended 31 May 2024**
**Total for period ended 31 May 2023**|**Unrestricted**
**funds**
**General**
**£**
64,158
64,158
36,132|**Total**
**funds**
**£**
64,158|
|---|---|---|
|||64,158|
|||36,132|
Page 13
## **Banwell Football Club Ltd**
## **Notes to the Financial Statements for the Year Ended 31 May 2024**
## **9 Taxation**
The charity is a registered charity and is therefore exempt from taxation.
## **10 Tangible fixed assets**
|**Cost**
At 1 June 2023
Additions
At 31 May 2024
**Depreciation**
At 1 June 2023
Charge for the year
At 31 May 2024
**Net book value**
At 31 May 2024
At 31 May 2023
**11 Fixed asset investments**
Shares in group undertakings and participating interests
**Shares in group undertakings and participating interests**
**Cost**
Additions
At 31 May 2024
**Net book value**
At 31 May 2024|**Land and**
**buildings**
**£**
-
5,520||**Furniture and**
**equipment**
**£**
6,674
31,896
38,570
1,668
9,643
11,311
27,259
5,006
**2024**
**£**
1
**Subsidiary**
**undertakings**
**£**
1
1
1|**Furniture and**
**equipment**
**£**
6,674
31,896
38,570
1,668
9,643
11,311
27,259
5,006
**2024**
**£**
1
**Subsidiary**
**undertakings**
**£**
1
1
1|**Total**
**£**
6,674
37,416
44,090
1,668
9,643
11,311
32,779
5,006
**2023**
**£**
1|
|---|---|---|---|---|---|
||5,520||38,570|||
||-
-||1,668
9,643|||
||-||11,311|||
||5,520||27,259|||
||-||5,006|||
||||**2024**
**£**
1
**Subsidiary**
**undertakings**
**£**
1|||
||||||**Total**
**£**
1
1
1|
||||1|||
||||1|||
## **Details of undertakings**
Details of the investments in which the charity holds 20% or more of the nominal value of any class of share capital are as follows:
Page 14
## **Banwell Football Club Ltd**
## **Notes to the Financial Statements for the Year Ended 31 May 2024**
||**Country of**|||**Proportion**|**of voting rights**|**of voting rights**|**Principal**|
|---|---|---|---|---|---|---|---|
|**Undertaking**|**incorporation**||**Holding**|**and shares**|**held**||**activity**|
|||||**2024**|**2023**|||
|**Subsidiary undertakings**||||||||
|Banwell Football Club
Trading Ltd|England and|Wales|Ordinary|100%|100%||that of a bar|
|**12 Debtors**||||||||
||||||**2024**||**2023**|
||||||**£**||**£**|
|Trade debtors|||||9,210||7,250|
|Other debtors|||||5,183||9,182|
||||||14,393||16,432|
|**13 Cash and cash equivalents**||||||||
||||||**2024**||**2023**|
||||||**£**||**£**|
|Cash at bank|||||59,105||67,142|
|**14 Creditors: amounts falling due within one year**||||||||
||||||**2024**||**2023**|
||||||**£**||**£**|
|Other creditors|||||(1)||-|
|Accruals|||||1,520||1,440|
||||||1,519||1,440|
|**15 Funds**||||||||
|||**Balance at 1**||**Incoming**|**Resources**||**Balance at 31**|
|||**June**|**2023**|**resources**|**expended**||**May 2024**|
|||**£**||**£**|**£**||**£**|
|**Unrestricted funds**||||||||
|General|||67,141|134,702|(137,084)||64,759|
|**Restricted funds**|||20,000|20,000||-|40,000|
|**Total funds**|||87,141|154,702|(137,084)||104,759|
Page 15
## **Banwell Football Club Ltd**
## **Notes to the Financial Statements for the Year Ended 31 May 2024**
|**Unrestricted funds**
General
**Restricted funds**
**Total funds**|**Incoming**
**resources**
**£**
139,441
20,000
159,441|**Resources**
**expended**
**£**
(72,300)
-
(72,300)|**Balance at 31**
**May 2023**
**£**
67,141
20,000|
|---|---|---|---|
||||87,141|
Page 16
## **Banwell Football Club Ltd**
## **Notes to the Financial Statements for the Year Ended 31 May 2024**
## **16 Analysis of net assets between funds**
|Tangible fixed assets
Fixed asset investments
Current assets
Current liabilities
Total net assets
Tangible fixed assets
Fixed asset investments
Current assets
Current liabilities
Total net assets
**17 Analysis of net funds**
Cash at bank and in hand
Net debt
Net debt||**Unrestricted**
**funds**
**General**
**£**
32,779
1
73,498
(1,519)
104,759
**Unrestricted**
**funds**
**General**
**£**
5,006
1
83,574
(1,440)
87,141
**At 1 June 2023**
**£**
67,142
67,142
**At 4 March**
**2022**
**£**
-|**Total funds at**
**31 May**
**2024**
**£**
32,779
1
73,498
(1,519)|
|---|---|---|---|
||||104,759|
||||**Total funds at**
**31 May**
**2023**
**£**
5,006
1
83,574
(1,440)|
||||87,141|
||||**At 31 May**
**2024**
**£**
67,142
67,142
**At 31 May**
**2023**
**£**
-|
## **18 Related party transactions**
During the year the charity made the following related party transactions:
## **Banwell Football Club Trading Ltd**
(Banwell Football Club Ltd is the parent company of Banwell Football Club Trading Ltd)
During the year the charity was repaid £4,000 by Banwell Football Club Trading Ltd.. At the balance sheet date the amount due from Banwell Football Club Trading Ltd was £5,183 (2023 - £9,183).
Page 17
## **Banwell Football Club Ltd**
## **Statement of Financial Activities by fund for the Year Ended 31 May 2024**
## **Unrestricted Funds**
|**Income and Endowments from:**
Donations and legacies
Other trading activities
Other income
Total income
**Expenditure on:**
Raising funds
Charitable activities
Other expenditure
Total expenditure
Net (expenditure)/income
Net movement in funds
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward|**Total**
**Unrestricted**
**Funds**
**2024**
**£**
55,937
69,555
25,890
151,382
(63,284)
(64,158)
(26,322)
(153,764)
(2,382)
(2,382)
67,141
64,759|**Total**
**Unrestricted**
**Funds**
**2023**
**£**
29,709
73,232
36,500|
|---|---|---|
|||139,441|
|||(34,000)
(36,132)
(2,168)|
|||(72,300)|
|||67,141|
|||67,141
-|
|||67,141|
This page does not form part of the statutory financial statements. Page 18
## **Banwell Football Club Ltd**
## **Statement of Financial Activities by fund for the Year Ended 31 May 2024**
## **Restricted Funds**
|**Restricted Funds**|||
|---|---|---|
|**Income and Endowments from:**
Donations and legacies
Total income
**Expenditure on:**
Net income
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward|**Total**
**Restricted**
**Funds**
**2024**
**£**
20,000
20,000
20,000
20,000
40,000|**Total**
**Restricted**
**Funds**
**2023**
**£**
20,000|
|||20,000|
|||20,000
-|
|||20,000|
This page does not form part of the statutory financial statements. Page 19
## **Banwell Football Club Ltd**
## **Detailed Statement of Financial Activities for the Year Ended 31 May 2024**
|**_Donations and legacies_**
Appeals and donations
Appeals and donations
UK Government grants
Grants - other agencies
Sponsorship
**_Other trading activities_**
Subscriptions
Event sales
Car parking
Pitch hire
**_Other income_**
Income not collected
Other income
**_Raising funds_**
Outsourced entertainment
Direct costs
Coach training
Affiliations
Trophies
Pitch hire
FA fines
**_Charitable activities_**
Rent
Water rates
Light, heat and power
Insurance
Use of home as office
Repairs and maintenance
General maintenance
Telephone and fax
Computer software and maintenance costs
Printing, postage and stationery
Trade subscriptions|**Total**
**2024**
**£**
20,000
17,175
7,944
29,318
1,500
75,937
60,773
6,657
2,075
50
69,555
16,680
9,210
25,890
(2,755)
(33,274)
(1,965)
(2,489)
(1,738)
(19,951)
(1,112)
(63,284)
(3,000)
(797)
(5,758)
(4,062)
(6,597)
(21,017)
(4,500)
(660)
(2,789)
(633)
-|**Total**
**2023**
**£**
20,000
22,339
7,300
-
70|
|---|---|---|
|||49,709|
|||62,458
8,879
1,619
276|
|||73,232|
|||-
36,500|
|||36,500|
|||(1,950)
(13,916)
(392)
(1,814)
(4,719)
(10,007)
(1,202)|
|||(34,000)|
|||(3,000)
(647)
(5,353)
(3,662)
-
(11,232)
(900)
(220)
(2,464)
(200)
(796)|
This page does not form part of the statutory financial statements. Page 20
## **Banwell Football Club Ltd**
## **Detailed Statement of Financial Activities for the Year Ended 31 May 2024**
|Health and safety
Sundry expenses
Bin collection
Travel and subsistence
Accountancy fees
Bookkeeping fees
Consultancy fees
Bad debts written off
Bank charges
Cleaning
**_Other expenditure_**
Income not collected
Depreciation of plant and machinery
Depreciation of office equipment
(Profit)/loss on sale of tangible fixed assets held for charity's own use|**Total**
**2024**
**£**
(1,027)
(277)
(2,129)
(7,773)
(1,520)
-
-
(840)
(22)
(757)
(64,158)
(16,680)
(9,349)
(293)
-
(26,322)|**Total**
**2023**
**£**
(448)
(147)
(1,801)
(144)
(1,440)
(600)
(1,320)
(642)
(10)
(1,106)|
|---|---|---|
|||(36,132)|
|||-
(1,375)
(293)
(500)|
|||(2,168)|
This page does not form part of the statutory financial statements. Page 21