**REGISTERED CHARITY NUMBER: 1200360** ## **TRUSTEES' REPORT AND** ## **FINANCIAL STATEMENTS** ## **FOR THE YEAR ENDED 30TH JUNE 2025** ## **FOR** ## **LEICESTER NIRVANA FC** Watergates Ltd 109 Coleman Road Leicester LE5 4LE **LEICESTER NIRVANA FC** **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH JUNE 2025** **----- Start of picture text -----**
Page
Trustees' Report 1 to 3
Independent Examiner's Report 4
Statement of Financial Activities 5
Statement of Financial Position 6
Notes to the Financial Statements 7 to 11
Detailed Statement of Financial Activities 12
**----- End of picture text -----**
**LEICESTER NIRVANA FC** **TRUSTEES' REPORT FOR THE YEAR ENDED 30TH JUNE 2025** The trustees present their report with the financial statements of the charity for the year ended 30th June 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). ## **OBJECTIVES AND ACTIVITIES** ## **Objectives and aims** Leicester Nirvana Football Club, an esteemed representative of sportsmanship, community values, and inclusive practices, presents this trustee report to encapsulate the club's profound commitments and achievements in the pursuit of a multifaceted approach to sustainable development and holistic progress in grassroots football. ## **Significant activities** ## Going Green: Adoption of Green Energy Leicester Nirvana has taken a bold step towards becoming net-zero by reducing our reliance on non-renewable energy sources by 53%. This sustainability initiative, supported by Centric and the Energy for Tomorrow programme, allows us to generate 26,451 kWh of clean electricity annually, with an anticipated CO2 reduction of 5,477 kg. This reduction is akin to removing approximately 51 cars from the road each year, planting 251 mature trees, or powering around 7 average UK homes annually. ## Citizen Science Project for Sustainability In partnership with De Montfort University, Leicester Nirvana has launched a Citizen Science project aimed at advancing the United Nations Sustainable Development Goals (SDGs). This project involves maintaining an SDG diary to document sustainability challenges and successes, which will help develop policies and toolkits for other community clubs. Following a successful pilot, we are excited to expand this project and encourage global participation. ## Support for Womentum CIC's Wellbeing Mornings We have partnered with Womentum CIC to support Wellbeing Mornings, which create a safe space for women to connect and combat loneliness through shared activities like mindfulness and arts and crafts. These gatherings empower women and provide crucial resources, fostering an inclusive community. ## Launch of 'No Racism' Kits As part of our commitment to inclusivity, we launched our 'No Racism' kits featuring an anti-discrimination logo on our shirts. This initiative highlights Leicester Nirvana's dedication to creating a welcoming environment for players from all backgrounds, furthering our role as a progressive force in grassroots football. ## BASIS National Award Winners Leicester Nirvana was awarded the Partnership of the Year at the BASIS Sustainability Awards 2024, recognising our collaboration with De Montfort University and the United Nations in our journey toward becoming a net-zero football club. This acknowledgment demonstrates our commitment to sustainability and community engagement. ## Engagement with the United Nations and Launch of Our Report on SDGs We proudly launched our report, "Embedding Sustainable Development Goals Across Grassroots Football," outlining how Leicester Nirvana actively promotes the SDGs within our operations and community activities. We had the privilege of meeting Maher Nasser, Director of the Outreach Division at the United Nations Department of Global Communications. ## Conclusion Leicester Nirvana remains dedicated to creating a positive impact through our initiatives and collaborations. As we move forward, we aim to continue our progress towards sustainability and inclusivity, ensuring our club remains a beacon of hope and unity within the community. -1- **LEICESTER NIRVANA FC** **TRUSTEES' REPORT FOR THE YEAR ENDED 30TH JUNE 2025** ## **OBJECTIVES AND ACTIVITIES** ## **Public benefit** The Trustees have given due consideration to the Charity Commission's published guidance on the Public Benefit Requirement. ## **Volunteers** We have a small number of volunteers who assist on an ad-hoc basis. ## **ACHIEVEMENTS AND PERFORMANCE** ## **Charitable activities** This trustee report is a summary of Leicester Nirvana's multifaceted initiatives and impact, encapsulating the club's commitment to sustainability, community engagement, societal empowerment, and advocacy for inclusive practices. The report highlights key achievements, partnerships, and global engagements that underscore Leicester Nirvana's position as a beacon of progress and unity within the grassroots football community. ## Key highlights include: - A visit to Berlin, Germany to forge new and extended partnerships with German clubs on sustainability and - equality. - A visit and private tour of the United Nations Headquarters in New York. - The collaboration with German club on the No Racism logo. - Creating our first ever girls league football team. - The return of our girls only (Wildcats and Squad Girls) football sessions. ## **FINANCIAL REVIEW** ## **Financial position** Overall, the charity is in a healthy position as demonstrated by our accounts for the period in concern. This is mainly due to effective cost control, which ensures our running costs are kept to an acceptable level. Leicester Nirvana FC has shown that it is a well run organisation with overall surplus funds. The charity had a net surplus of £36,973 (2024: £2,274). During the year the charity raised £169,068 in income to carry out its activities. During the year £134,369 from the funds were expensed for projects. ## **Reserves policy** We aim to utilise the funds as soon as we identify suitable programmes or scolars. The funds the charity holds is to ensure that it has sufficient reserves to cover the costs of managing and administering the charity for the following year. The Trustees consider it prudent that the reserves should be sufficient for the charity's use. The Trustees have approved that all unrestricted reserves will be utilised in helping the charity achieve its objectives. ## **Going concern** Currently no concerns about the charity continuing as a going concern. ## **FUTURE PLANS** The charity is looking at the options in which it can increase income to allow them to further enhance its objectives. -2- **LEICESTER NIRVANA FC** **TRUSTEES' REPORT FOR THE YEAR ENDED 30TH JUNE 2025** ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The charity is controlled by its governing document, a deed of trust and constitutes a charity incorporated organisation. ## **Recruitment and appointment of new trustees** All trustees are involved in any selection process that takes place and a vote amongst the trustees is conducted to appoint any positions within the organisation. ## **Organisational structure** The board of Trustees of the charity are responsible for the charity's strategic direction. The board of Trustees meet on a termly basis to discuss the activities of the charity. The board of trustees are supported through the aid of volunteers who manage the daily running of the charity. ## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number** 1200360 ## **Principal address** Sandhill Avenue Hamilton Leicester Leicestershire LE5 1LU ## **Trustees** Z Hajat I Liburd S Pathan U Valli M Hashim ## **Independent Examiner** Watergates Ltd 109 Coleman Road Leicester LE5 4LE Approved by order of the board of trustees on 9th December 2025 and signed on its behalf by: ## Shehbaz Pathan Shehbaz Pathan (Dec 9, 2025 08:22:47 GMT) S Pathan - Trustee -3- **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF LEICESTER NIRVANA FC** ## **Independent examiner's report to the trustees of Leicester Nirvana FC** I report to the charity trustees on my examination of the accounts of Leicester Nirvana FC (the Trust) for the year ended 30th June 2025. ## **Responsibilities and basis of report** As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act'). I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act. ## **Independent examiner's statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. ## Shakil Malida Shakil Malida (Dec 9, 2025 08:45:11 GMT) Shakil Malida FCCA Watergates Ltd 109 Coleman Road Leicester LE5 4LE 9th December 2025 -4- **LEICESTER NIRVANA FC** ## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30TH JUNE 2025** |**30/6/25**
**Unrestricted**
**Restricted**
**Total**
**fund**
**fund**
**funds**
**Notes**
**£**
**£**
**£**
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
**14,600**
**-**
**14,600**
**Charitable activities**
Football
**119,468**
**35,000**
**154,468**
**Total**
**134,068**
**35,000**
**169,068**
**EXPENDITURE ON**
**Charitable activities**
Football
**134,369**
**-**
**134,369**
Other
**-**
**-**
**-**
**Total**
**134,369**
**-**
**134,369**
**NET INCOME/(EXPENDITURE)**
**(301)**
**35,000**
**34,699**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**2,274**
**-**
**2,274**
**TOTAL FUNDS CARRIED FORWARD**
**1,973**
**35,000**
**36,973**|**30/6/24**
**Total**
**funds**
**£**
8,767
105,083
113,850
109,108
5,460
114,568
(718)
2,992
2,274| |---|---| The notes on page 0 form part of these financial statements -5- ## **LEICESTER NIRVANA FC** ## **STATEMENT OF FINANCIAL POSITION 30TH JUNE 2025** |**Notes**
**CURRENT ASSETS**
Cash at bank|**Unrestricted**
**Restricted**
**fund**
**fund**
**£**
**£**
**1,973**
**35,000**|**30/6/25**
**30/6/24**
**Total**
**Total**
**funds**
**funds**
**£**
**£**
**36,973**
2,274| |---|---|---| |**NET CURRENT ASSETS**|**1,973**
**35,000**|**36,973**
2,274| |**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**|**1,973**
**35,000**|**36,973**
2,274| |**NET ASSETS**|**1,973**
**35,000**|**36,973**
2,274| |**FUNDS**
4
Unrestricted funds
Restricted funds||**1,973**
2,274
**35,000**
-| |**TOTAL FUNDS**||**36,973**
2,274| The financial statements were approved by the Board of Trustees and authorised for issue on 9th December 2025 and were signed on its behalf by: ## Shehbaz Pathan Shehbaz Pathan (Dec 9, 2025 08:22:47 GMT) S Pathan - Trustee The notes on page 0 form part of these financial statements -6- **LEICESTER NIRVANA FC** **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH JUNE 2025** ## **1. ACCOUNTING POLICIES** ## **BASIS OF PREPARING THE FINANCIAL STATEMENTS** The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. ## **INCOME** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. The value of services provided by volunteers is difficult to put a monetary value on and therefore has not been included in accordance with the Charities SORP (FRS102). ## **EXPENDITURE** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. Expenditure is classified under the following activity headings: **Charitable activities:** Costs associated with the provision of scholarship, community and networking events and alumni network as elaborated on in the Trustees’ Report. These include both direct charitable expenditure, grants payable and support costs relating to these activities. Grants payable to other organisations for relief projects are included in the SOFA when approved by the trustees and agreed with the other organisation. **Support costs:** Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs for a single activity are allocated to the particular activity where the cost relates directly to that activity. However, Support costs that represent the support functions of management, finance, human resources, IT and support departments attributable to the management of the Charity's assets, are allocated in proportion to the type of charitable activity during the period. **Governance costs:** These are the costs associated with the governance arrangements of the charity. These costs are associated with constitutional and statutory requirements and include any costs associated with the strategic management of the charity's activities. Governance support costs are allocated on the basis of support activities provided on clearly interpreted governance matters. ## **TAXATION** The charity is exempt from tax on its charitable activities. ## **FUND ACCOUNTING** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. -7- **LEICESTER NIRVANA FC** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30TH JUNE 2025** ## **1. ACCOUNTING POLICIES - continued** ## **FUND ACCOUNTING** Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ## **2. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 30th June 2025 nor for the year ended 30th June 2024. ## **TRUSTEES' EXPENSES** There were no trustees' expenses paid for the year ended 30th June 2025 nor for the year ended 30th June 2024. ## **3. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES** |**INCOME AND ENDOWMENTS FROM**
Donations and legacies
**Charitable activities**
Football|**Unrestricted**
**fund**
**£**
8,767
105,083| |---|---| |**Total**|113,850| |**EXPENDITURE ON**
**Charitable activities**
Football
Other|109,108
5,460| |**Total**|114,568| |**NET INCOME/(EXPENDITURE)**
**RECONCILIATION OF FUNDS**
Total funds brought forward|(718)
2,992| |**TOTAL FUNDS CARRIED FORWARD**|2,274| -8- **LEICESTER NIRVANA FC** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30TH JUNE 2025** **----- Start of picture text -----**
4. MOVEMENT IN FUNDS
Net
movement At
At 1.7.24 in funds 30.6.25
£ £ £
Unrestricted funds
General fund 2,274 (301) 1,973
Restricted funds
Sustainable energy solutions - Energy
for Tomorrow - 35,000 35,000
TOTAL FUNDS 2,274 34,699 36,973
Net movement in funds, included in the above are as follows:
Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 134,068 (134,369) (301)
Restricted funds
Sustainable energy solutions - Energy
for Tomorrow 35,000 - 35,000
TOTAL FUNDS 169,068 (134,369) 34,699
Comparatives for movement in funds
Net
movement At
At 1.7.23 in funds 30.6.24
£ £ £
Unrestricted funds
General fund 2,992 (718) 2,274
TOTAL FUNDS 2,992 (718) 2,274
**----- End of picture text -----**
-9- **LEICESTER NIRVANA FC** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30TH JUNE 2025** ## **4. MOVEMENT IN FUNDS - continued** Comparative net movement in funds, included in the above are as follows: |**Incoming**
**Resources**
**resources**
**expended**
**£**
**£**
**Unrestricted funds**
General fund
113,850
(114,568)|**Movement**
**in funds**
**£**
(718)| |---|---| |**TOTAL FUNDS**
113,850
(114,568)|(718)| |A current year 12 months and prior year 12 months combined position is as follows:
**Net**
**movement**
**At 1.7.23**
**in funds**
**£**
**£**
**Unrestricted funds**
General fund
2,992
(1,019)
**Restricted funds**
Sustainable energy solutions - Energy
for Tomorrow
-
35,000|**At**
**30.6.25**
**£**
1,973
35,000| |**TOTAL FUNDS**
2,992
33,981|36,973| A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: |**Unrestricted funds**
General fund
**Restricted funds**
Sustainable energy solutions - Energy
for Tomorrow
**TOTAL FUNDS**|**Incoming**
**resources**
**£**
247,918
35,000
282,918|**Resources**
**Movement**
**expended**
**in funds**
**£**
**£**
(248,937)
(1,019)
-
35,000
(248,937)
33,981| |---|---|---| -10- **LEICESTER NIRVANA FC** **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30TH JUNE 2025** ## **5. RELATED PARTY DISCLOSURES** There were no related party transactions for the year ended 30th June 2025. -11- **LEICESTER NIRVANA FC** ## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30TH JUNE 2025** |**INCOME AND ENDOWMENTS**
**Donations and legacies**
Donations
**Charitable activities**
Charitable activities|**30/6/25**
**30/6/24**
**£**
**£**
**14,600**
8,767
**154,468**
105,083| |---|---| |**Total incoming resources**
**EXPENDITURE**
**Charitable activities**
Affiliations
Equipment/Kit/Clothing
Players fees
Match fees
Kitchen stock
Fines
Sundry expenses
Repairs and maintenance
Rent
Travel and subsistence
Training costs|**169,068**
113,850
**2,493**
1,939
**40,663**
24,427
**24,665**
22,218
**28,641**
20,235
**6,946**
6,503
**3,437**
3,357
**3,196**
5,818
**8,520**
4,416
**-**
4,800
**122**
3,373
**8,690**
8,734| |**Support costs**
**Management**
Insurance
Telephone
Advertising|**127,373**
105,820
**253**
103
**690**
651
**2,189**
2,449| |**Finance**
Bank charges
**Governance costs**
Accountancy and legal fees|**3,132**
3,203
**-**
85
**3,864**
5,460| |Total resources expended|**134,369**
114,568| |**Net income/(expenditure)**|**34,699**
(718)| This page does not form part of the statutory financial statements -12- ## Leicester Nirvana FC - Accounts YE 30.06.25 Final Audit Report 2025-12-09 Created: 2025-12-08 By: Watergates Ltd (info@watergates.co.uk) Status: Signed Transaction ID: CBJCHBCAABAA2DJWEPvnhS2ey0NXrhWupAEg62hjMZ01 ## "Leicester Nirvana FC - Accounts YE 30.06.25" History ## Document created by Watergates Ltd (info@watergates.co.uk) 2025-12-08 - 18:14:01 GMT- IP address: 212.88.50.235 ## Document emailed to leicesternirvana@gmail.com for signature 2025-12-08 - 18:14:05 GMT ## Email viewed by leicesternirvana@gmail.com 2025-12-08 - 18:14:13 GMT- IP address: 66.249.93.101 - Signer leicesternirvana@gmail.com entered name at signing as Shehbaz Pathan 2025-12-09 - 08:22:45 GMT- IP address: 217.33.214.12 - Document e-signed by Shehbaz Pathan (leicesternirvana@gmail.com) Signature Date: 2025-12-09 - 08:22:47 GMT - Time Source: server- IP address: 217.33.214.12 ## Document emailed to smalida@watergates.co.uk for signature 2025-12-09 - 08:22:48 GMT ## Email viewed by smalida@watergates.co.uk 2025-12-09 - 08:44:33 GMT- IP address: 90.212.53.93 - Signer smalida@watergates.co.uk entered name at signing as Shakil Malida 2025-12-09 - 08:45:09 GMT- IP address: 90.212.53.93 Document e-signed by Shakil Malida (smalida@watergates.co.uk) Signature Date: 2025-12-09 - 08:45:11 GMT - Time Source: server- IP address: 90.212.53.93 ## Agreement completed. 2025-12-09 - 08:45:11 GMT