REfJThED£FWllfl'NUMBEK 1.101845 Of theT 6 F&_b￿lEy1QIs.t￿. .for tball'ciub Th)rne Wl*eryAwuntaw Ltd Chartered Accolmtsnts .2 Wyevaie Park Klnss AGre refcrd Here"fdrdshv2 .HR47BS £￿nts0f thp FlrwKlai Statemehts the PerlrKI6 Februa 202] to31 Decembul￿1.] Report..of T￿￿tEe5 I to 3. Ind4xndrt Ewnfneffs Re staternert uf FIr￿ChI.A£￿vl￿e5 BaaoEé Sheet Notesto FTnJn¢ial s*Jteff￿ts. '7..to 9 DthILed stat￿￿rtI7f.FIrnTr￿dl Artivltles tn*ee5 prèsent 'thefr reptyc YAth the fI￿￿la1 $tatenierts ol the charfty fDr the 6 FebryAry 2023 to 31 r)e￿mber 2023. The trustees have athyed provlSi¢ns of ACtt￿ntIng and Rep￿rtIng by Chthtle5: 5tateNEnt ot Rttc4nmendèd PracElce aprAlcapAe to diariiiès preparln8 thelr acwrts in 4ccord8nc¢ With the Ffnandal Rryorrlr ""%and#d appllth in.the.UK.and Rewjbuc of. I￿1¥n6 IFKS Iir21 leffectfvo 1 Janwary20.19J. ObJèi¢lyes and afm5 The prlmèry objértiyè of Llbglow Town Footwl. Club, a5 Stated. fo .lts" gov¢rnlnq docU￿t, ts "thè ptomDtion of cornwrKmlty partldpatkn In healthy re¢wtitsrt for the beThtht Df the 7nhabitants shropshtre"ar￿ swrO￿d1nE ayw the pro￿ .01 facilitles tr playh)e.f¢otbail and other 4xns.". In Ilnè ￿th thts c4>lectlve. the club." ndertake5 varti#J5 actMtie5 to .erKourage ra)mrnunity InvolV￿ent fn" 4)0rt5) 5u¢* a5 orw15inq frAtbaU matches, tralnlw se5sfor&, and 5POrts eiaits. The club also worb to lrnF*ovè fts tadlities.to better 5erYe th* cornrnunfty. Pubuc l)enofit In dIRl￿n9 thls report th•.tiust8e& have coThwiled vAth th• In secifon 4.bf thé Charities 2011 to duE. reqard to publk brf1t.8Lnd￿(ePlèlls1￿a by thq Cl)*FTty Commi¥skn. Chirltabk We. Made.￿gnIfi￿nt tywe55" FeE*wary 2023. We h'ivè now kntegr.ated ail sErtionS bf Irrto tity. We have opened thè ￿r antl caterfn8 facKlty wmchlri thé10.ng temi I￿11 ￿sUit ID.a healthy Incoft* kn the. dth. The f£￿￿31*.51dV Kr055 the b￿rI has rnade 518nffiont progress With ￿￿.Inci[￿lOh 4y S￿{15 *am5 fro"n) thKler a p to.Under 14,.b￿ tearr6 frC￿ Under 7 up to Under 16 now a re5eti* thr¢ ourproTh*5inB under 165 .have a rJJte.tu *ThI￿ foxWI and F(tst teèm *" jtep 6 after. a ￿CesS￿l ieadlng tts prDrnDtlon to th¢ ￿leTh￿ 1st'.Dl¥l￿Ory, FINANCIAL REVIEW R•5fFVB5 poIIGy Itis p)lfjcy to"rnalnt•ln 9rfficie)t resrn lurthe dayto dty reqL4remerts. At the yEar thprtty had frfee rt5eives.. belAS total f￿d5 Le￿ résirirted fonds and tanglbie flxed as￿ of £8110. l•w rfth• year. results for the FeTltd fInanc￿l.￿sftkn ar+ s*l"oirt in trft.5tstement of. F￿ar￿al Attmttes and the Balwv eL Totsl IKc*ning re￿Ul￿ vffre. £24.337". Regjurces ex￿￿1 were £14,129. Th&shows of £.7ry2(W. Net assetswThwntsd.to £1D.208.. Trt41 fwd5.at th'e balwsl*rt. thth aMtyJfite￿'tO C10.208. all of vththiyas ￿TeSt￿Cted.. Our pkns remaln.the"sam vh*re YE intend tu fuu i￿*r¢i.￿f (aality and.cc￿tl￿.Lts m*è"the strryr more InclusS¥t aerrAs thè.YhKAe comkyrtmlty. We 9ièn tO"Iryw￿ the fadliYe5 as *rrnt rtthy flrodltthts new 4G A%tro pitch. Govemlbw downent The Cf8antsatwj￿ b a cfthrirable Irwlltated Qrgantsarfoh . FO￿dat[thI rggtslEred (kn 6 Febn￿. ry 2021 a5 3 botty. ¢CFP)fdte ￿￿jer pw* li of the Ih3dtkn Act 2011. Ludlow Tokn Footbau Cl￿ fcl(w5 a t￿ar￿par￿l Bnd itructured wccess.forthe reCnfvr￿ and apptriAtmert (< new trtL5tee5. Potential candthte5 are idèntlfied thwh q urt)ina¢lon of wbllc athertl5eM￿, rttatrfnwdatl￿ frun e￿tillE UU5teE5: and cijtreach to I￿al groups ahd 5takeholderi. ThÈ seie¢t4DFS prcres5 fn￿lVe5 an Inttlal IciiÈnSns ol appEl¢aiims,. followed kntervSrAs a selertion panel.¢omprf5ed.of current trT]tt*5..k*w t￿￿tee5 are awlnted based on thelr skitts. t￿rienCe. crynmltmeni to the dub¥ obp¢i¥È¥. IIE dub's ccttstitstion tNrtIM•s spedfic prnrf51on5 fry the an￿￿trrOnt.o1trUsteés. REFE1￿cE AND AWNisfRATf¥E.DUAILS Re815tered Charlty'number 1201845. rfndpal adth•55 $8SStsdiL Bromfle"id Road SY82BN trustees D 5 Crovither 14p￿thted 6.2.23j ali (ap￿￿ed 6.2,231 J £￿ardS laFpthnted 2.3.231 Independert Examlner Thorre WthryALroufttwcy. Ltrt Chaitertd kcounlant 2 Wyevale B￿[ne$S P*1[ KltyS.Acre HErefvd H￿ef￿*h7re HR4 Bankèrs The.Co.OPErative.Ba"nk P.0. Box" 250 DeV.Huue Skeimetsdale WN8W srATEIIENf. OF TrUSTEES' RESPONSfalLrnE5 t￿lee5 ore"resmibk for ￿parIng the Report OY the TrrLStees 8nd.lhe fk)anct413taterrthts In accordance 4ppllc&Ae iawand United Kln4ckniAccoLmting Standards ilh)It¢&J(InWJ.m.GenernilyP£w￿ed AL￿￿￿￿Tr8 Pracike).. The iaw"appitabie to charEtles In En8land and WaLe5, the. Charltfos kt 2011, Chaitry (Acc(￿Trts and Rep¢wtsS .Reg￿atlc￿s 2(Q8 and the FYovl&lcffj"of ￿ tnJ5t deed rewlrÈ5 thE trus￿￿$ ro prepare Ilnanclal #•temthts fcr eath finanaal 5Ear wblth gvve a true and falr wew of the.state of Jffairy of the.tharity and of the irKoming resources and appitatb)n of. reswek, IDcludlrs the 1ncorne.and pxpendlture, of the thartty fc* tlw ￿rfOd. In prnpèrio tt) fi[bhr￿￿'S￿lemènts, the trustees 3￿reQuIred to . se*ttsthtabie Kcowtlr4 Fdlde5and applythem C￿￿1StentiY'" db5erve thernethDds•nd pdndpte5 In tho Ch¥ity SORP:. ft*ke judgements aThl.estirnates that are reas•riaikn and.wx*rt: pr*)Ye the fin&roal brf"the".8oKq toncern b#sfs.unless it ts Impproprlatb. to p'tewme tha¢ tl* ch¥Aty 11 c￿tir&0..7n bu51r￿. The trustee&.we responslble fcr keepin8 propw accountfng record5 whlch d15cIose wlth. rea%onable. accuFaty.at .ilrne the.flnancFal oi.the charlty and to enable thern.to enwre that. the financial 5taterneDts conpiy the Charltles ki.201f. the Charfty IAccounts and Ilewrts) Reguiatkns the pro￿l0n5 of trust deed. a abo rEVJiSit￿e far saY¥uardfn8 the"a$5ets of "Ihe charliy and hence tr tskln¥ rea50nablè #eps for the preyer 'and deteCtf￿ of fr*Jd end otherlrreylrt&. PaRv.2 LUolqy.J.(¥￿lj FooWLQ(u E[¥XLOf￿e TM5tees 4pDvEd by ¢xder of.thv toard.of tmiteff on ......... ..... . . pnd ¥fftd on Its bèhalfty: al 1nd#p*￿￿mi￿5 r•pprt to th• tru5tee5'01 LudiowTo¥¥n F¢yJfball aub I report to the ch&rtty thtstees on my exanilnatkn of the-￿ rf Ltsdi(M Ttr￿ Fotstball cl￿ lthe Trtstl for th* od'6 Fobroary.'2023 to 31" December 2D23. the charity.tru4ees DY. Trv5t Y￿"•re Tr&F¢￿IblQ. for th? PTepar4tkn of the'accoimts Iri wfth ts. requlr¢ments of tb* ChJrttksArt 2011 tthe Acri. I repyt fn respect Of ewhknatfm of tr*.Tntyt¥"aCto￿ts caffied nut 145 of the Act and fn ¢aryyJni p(rt,my e¥arnfnatl￿ I ha*e follmtd all applfcabie Dfrecucffjs 8tven ty thtr Clwfty Comyhtsslpn ￿der Sertkn 14515iibi of thpA¢t. Idry•nd•nt examlrt•rfs stjtern I have ¢ompleted'"my Eyaminatirm. I ￿rfIlM that'rio Tnotérial rnatters have.ciYne uy nry attentlon.fjn ¢oMectlm v*Sth th••x•mirwtioh'gwinig t[￿.￿l￿e to belleve ¢￿tIn any matertal respect.. "xc￿￿￿1Thg re(￿ts were rjoi kq)I"kn re5pertol.rbe TntstaSfeq￿ bjf 5ÈttfjDti f>J of the kt; (Y thè #ceaunL% do Mt W61h thc6• recwds. or the a(CQUhts div nrt cornply witlr the"aFWlcable re4uTrertsnts the fo￿ and£orrtert of xcwnts *t oui Ih the ChLrlt7e5 Ikcujnts and RepJffGI. RwJ(at1O￿ 21J)8 rthr ary requlretnent that.the acctyj.nts glve 4.true'and fairYiew.whfch is.nrt a rnatter oYFsldered a& part of an"irkieptndRnt ex￿￿tr￿tIM. I hve th) ¢NKérns.Jftd have umne aufyss. no otrer" matters fft Comection wth'.Ihe exjmlnattoh to wiikh attentlon be drawn In thls rewi.kn t)rder.to eftab.le 4 kyoper undertandln8of the accounts to bè r*athed. Asttiatlon of CharteTvJ CertlfledAcC￿￿t￿ts. 2 I%yev•lt BLslnessPa mfn￿ Aue Hweford FIR4 765 1or_ÈbetstJo￿1F.2￿N8.ry 2023 to 31 1knrn￿r2023 Unrestrkled fund ItICOMEAND ENDOWMENTS FROII D¢natl]rts aThl ie8acle5 .12.133 Other tMdIngActJ￿tje5 "12,2 T(￿1 ..24,3>7 "EXPENDITURE ON Charftsbloacimtlqs Coftminlty f￿*all 14.129 NEf INCIlllE TafAi FUNDS CAPAEO FORWARD 10.208 Thb.Tr)tss fonn part of tse firw￿l￿1 Stat￿nts Pag*.5 aub .UnTéstrtde fur*1 Nrtes FIXED AS5Ers Tah8Oie a55ets .1,398 CIME￿*55 (4shthÉ.b)nk 8.825 8,971 Arnounts falilrfj dug.withlo owsyr CIIPRENT AssFrs 8,810 TOTALASSETS LESS aiRpffif LIABILMFS IQ,2L Jo,>c¢ Fukals unrtttrkted.fwdy 1142CQ TOTAL FUMDS 10.2c*-. tre opprov¢¢ by Ibt of Tr￿tee5 .autlth"5ed for Issue .. ?￿d ￿re on ib behalf ty". .The.notes form partof.the*"flnarKfJl statemEnts TthJ*O0d..fj.Ye￿"ry 2023 to.31 D￿e￿￿..._￿l3 4Ccou￿14G PLUE5 8asls al pvepthr¢thefl"nandal sthterneit"S" The finandal statements of the charity. whlch 75 a p￿*.11¢ benefif ehtty thidèrFR5 101, ha￿ I￿￿ prepjred in xcoroance with the Chwitie5 SORP IFRS". IQ.) '.A"twJntww atKi Repwtini ￿ Chorltle5,' State'Th*rt of '.Recormernled prac.tlcé appilc*le. to charltles prepwlry thelr uounts In acccrfdano wth the Flnanti Rryjortlng Stantyd. aFplkablè lh thè UK and Aewblk of Iretsnd IFRS 1021 leffectlye 1 Jawary 20191., FIna￿tal Reiwxtln8 Siatylard 102 Tre Ffnanclal Reportln8 5t4ndard .appl7caile in the ￿( and 8epubllc d. Irela￿ )nd the Charftles ￿t 21n1.. The flnanclal. statements been prepared under the hlstorlcal .c05t Golng Con¢•r In￿lee$ ass￿ *thether Ltse af golng cuKern ts apwiprlate l.e. wh¢ther .tth arè rrniter•( Liirertaintles. rélated to •ents or ca￿li10nS ttrat may cast ￿9n￿1C￿¢ thb¢ ￿ the Ablilty of thE to con￿n￿2 a5 a soln8 co￿￿n. Th Èrn$tee& md(è th35 assessment In wpecr of a perfLxI'of at ieait tilè Ye￿ frLvii ""the date of aUtI￿110n for. tss￿ oi 'thè flnarida1.statern￿ts and have £c￿dUd￿l that the cryrw has 'ade"quate to oJhtIn￿. In oFrall(¥kl exlstence for the fcrweable"futvre and thpre tre. rto marer uKertaiThtiK alfvut the ch0rft￿.ab1l1ty tb cDr$tlnL￿ as a goin8 concern, they ccni1m￿"tfj adopt the .¢oncem bas15.of *Co￿t￿8 in PTepanttBthè flnarth14thtement5. Income All fncme ts recwtsed".kn the Statement of HMnd•i.A¢dWtl￿ the charity hastntltiernènt to the fi)th, At"ts wr&bleth'&t the.frtctheMII be re¢elved.*￿.the be meagjred rellaL%y. Exp￿stuf* Lfablli#es are recogrrfsed a5 exwthtuie. as SO￿ as there Is a l¥&1 ¢X'Cth)StNrti%t obliytityt cornmiitin8 thp har￿ ro that.¢xpend￿Ule. It 15 probatde that a.tran5fer of ecornmtc ￿TreAtS be required fjn 5etttwEnt and the aThount Df the obii4ation Eon be n*8￿red ￿l&bI￿. EyThlltllre È accwnied for on Èty atcrtjals bags and has be￿ thtsfffed iindor be3dlrw that aRRreqate all COSL *elated to thé catem. I*1￿¥ E05ts cannot be drett.Ly attrfbutqd ta Il3rttLAar heath￿ thty h3* been auotated fo &iMti6 on a IrJ¥il rlmi5tèMt vhth the use of rèswrce5. Tan￿b￿ fveJ •pets Deprectatlon ts pr¢wlded at the.fdith￿￿.•nnUdI otes In order to wrtt¢ r+ff eath" assa its estsrDttted useful Flxtsxes tt￿1 Ilttln ZO% on co Taxattotl ThE (hartty on'lts cbartatsle &ttMU&. FdndatcourtlnE Unrestrfttèd.f￿ds can be wed kn attordkncèivlth the.charftabte obJetti¥es at the ¢lhcrèiiu) of thè tlU5tee5. .Re4r*ted. h#Kts can te wsgd fw partic.ular restrtctsd wrposes with￿1 tlp objeqs rharfty.. Restr*t1¢￿ ar1ovts $￿fIed"by1b￿4*]nor..0r wthery fund5 are ralsed fr*'partlaaar resirfckd purp)ses. Jrthtr ewanation of flke.nature aTh4 FQWP05e of eath .f4Jnd 15 .IrKLthled kn .the .fKStt5 to the "f"InaKlal Ira* tsu4ee ht$.rèfjMtAj￿￿ £9CO for•¢thiitwè madts￿ chafity$ tehjw. fittin8s tOST .AdthÈk>n5 DEPREClkTION Chjrge forye4r 59 Nrr BC#X VALUL At31 Decembw Z023' 1,39 STORS: WUMTS FALLING DUEwmnN OkE.YEAR Prffjwents contInU￿.. 6Fe CIIErn A￿oul05 FALLING DUEWtrHW ONEYEAR 161. AIOVEMENf5N FLINP5 In fofj Genffal Iv￿3 10.291 TOTPL FUIW5 10,208 .Net.ntr)vdnthfiTh fvfjdr. knclded in the abu¥E aTÉ as foLiov&'. Incomlng Resouros éwded In.fun6s Unrestrfctèd fun General fu"Tr 114.119) 10.108 TOTALFUtrI 24,337 114.1291 RELA7ED PARTY DIS(LOSURES Tnlsiee of the c￿rIty D Crowther, ts also a dfrettor ol the cLynp￿ Thorne'WldEery Acc￿ntancY Lltsl. Durlng .the'syr Thome Wldgery ￿Ce4j￿￿cY Ltd proVIded.￿ll￿ thd Indyndent exaM1ra￿on.sertes free of .dwoe. The valLÉ Ot thls seN*e, £W. a5 t£en iTthIEd ip the attthirtts as a