REGISTERED CHAPJN NUM8£R." 12Q1845 Regort of ihe Tru51eesAngi Upaudll¢Lfi¢DnElal SkIL0ents for ihB. Year EndEd 31 DecerDèeLZ024 Luthow T4)wn Fnoibau Club Thorno Wid8ery cOun{0cY Ltd Chartered Accountsnts 2 Vfyevale 8u5ine55 Park Klngs Acre Hereford HerefoTdshlre Hk4 7BS
llowTo¥M Fuo{kLII Qlub Conten¢S 01 tho FINaniial Siaiemon15 for ihe Yoar Eridcd_31 DccombLkr ?0?4 Pag¢ kepori ol Lhc TrusLets I1@pendellt txaminers Rewl Sttsromont ol fin3nthal Activit>eS OalancL Shoet Nvies L¢ Iht Financtal stalemlS Detailed St4tEmwt of Financial Acti"itle5 io
Resw o, [ IrkFSltf5 Lle ¥pHI Jl re(.1¥y 2024 -. t- r-.pjn ¥ al I lieS aewee tne pTh.SiC"'s 91 ACCO.. '4V lo¢ ltr,e v.'31 JT 2014 114nce F1wx1 qtrXtiry applivle io and XeothK ol IFf& IL721 iefl&£fi4e i - .i.? 30191 ODJ£CIJVE5 AIID ACTMtliS Objecrwes and alms t LthJ51h TLr Fcoiba.I Cib) 5kaie¢ in ILS TS ' ol by rr¢¢3L ith t .nrTl ul. Inr.3bltAn¥4 0., Sth'"I SnTtK)sryire wr>and[Pl areas prov. of I&ciiIti_ loi tAnirg Iwtts)',1 ÈlJ olt In li WilTr this rt>le(Ltr, Lhe club 3r4 ever4i5 Tl xYrk5:" .nPJCIE 14J'.IillTr)e5 10 beiTei t tsynmJnlly. u¥>ri Ihe CIL'SL ve w1". IFie ¢. y In se£rTr 4 of tPt Chwiies 2011 to Oue . s icd ty ibe Chavly Comrnn5SW. ieg.I ACE¥[lIENT AND PEfiFORWtCE Chariiabltr •t11[l•S (hicè aoam l: yeai a 511Th2 lea" We Ve lor a namfoneril Cmlllée io 0£15e¢ the r&itWig 4>. tltsb. We hwe 2 all£T Ik%-. - £iob TS ludi uttttse¢ r¢ki151ng p&es. 14 .1 ei."Iy D I rh5 ¥nll Ptht 40 bw lLr. .1 IIMCS ttl i onn4 t, cljw [r4elr %ti."cm¢ wrtl thkh sioe and grLSW O_ offènry:- i¢YiairLmepi s a IcviM!I cl. Qly tbL.. 23 "i-ls &rgss a.. a8es i'"- soxes an¢ ) LiJb wj 5pwws all iÈarnJ FIXANCIAL REVlnV b 10 03y iing rwdifLYnen4s Irre fr5e.Tr. iyiyg LD:al 1¥5 iesiiKteO fUTr ian41)It fixed a%set5 Qf 7 898 12E23- 18,BIOI. Re0 of the I7r The re5U*LS icr PLYI rbj5l1K set Ou" 5&atemL of FLi1 L-lmthes and tbE 8aiaTrce
ti. To".H& [oNg ieswce5 wRre L75.176 IZff2 J: U4.3311. REyxr¥es eJep.aed erE E74.(3 12023.. ila 12$1. Th15 of ri.C$3 IPC23.- [10.Z081- Nei llsséisar>YJièd EO É11.271 FZ023: £10.2081. Cll 27.. IZ¢23' illl.1081, Bll 0( hlch V•?$ tsnre5trtEed. FIJTrRE PLANS 5ar co grEW tre ifflw (w fathliL.-s ith 4 new A•P pilth beth3 ¢JbJr t5wth je{1:.¥e. le,.'u IQ dcfrieve th's Obtr Ll.I' re1t 4 Iv 5 yea[ STRUUURE GOVEKNANCE WAGWNT tyI fy FErU3ry 2023 as - tafj aLL' JiL*i ghll I i ol the cMnLies A. ZOI".
FLW.MI (I J Ji 1014 STIluRI. rJ)WLRMAiCI JlI> ILi.cV Ir T. rif f IlCKt 4119 DIsTn¥t DnhJL5 Affj!ter¢ Chwly Iscw. Ans p.o .? ',tiW4Y - OltJ2r Df twrfol Ir wr*d bLMII Pè¢E 2
Indendent Examlnerfs Report to the Trustees of Ludlow To¥Yn Fcotball Club Independent examlnerfs re[ to the trustees of Ludlow Town Footb)11 Club I report to the charity trustees on my examination of the accounts of Ludlow Town Fwtball Club (the Tntstl for the year ended 31 December 2024. Responslbllltles and ba51s of report As the charity trustees of the Trust you are resoKnsiblÈ for the preparation of the a¢Unts in aCc¢ydan the requirements of the Charities Act 2011 Cthe Aci'l. I report in reS¢t of my exarnination of the Trust's accOLts carried out under Sectlon 145 of the Act ané in caryng out rny exaMfnatI( I have fdlowed all applicable Directions given by the Charity Comrnisslon under Section 14515llbl of the Art. Independent •xamlntr'5 Statement I have completed rny examination. I confirm that Tho material matteTS have corne to my attentlon In cLnection the examfnauon giving me cause to believe that In any materfal respect: accouniing records were not kept in respect of the Trust a5 required by Section 130 of the Acl; or the accounts do not accord wlth those records- or the accounts do not c(Knply with the applicable requirernents ionceming the form and content of accounts Set out in the Charities (Accounts and Rewjrtsl Regutations 2LI)8 other than any requirement that the aCcjnts ve a true and falr w¢w which is not a rnatter considwed as part of an Independent examination. I have no concems arKI hav? come across other matters in connectbjn with the examination to which attentlon should be drawn in this report in order to enable a pr¢¥er under5tan(lin4 of the accounts to be reached. Kevln To The Ass(tlatkJn of Chartered Certlfled Accwntants Thome Wldgery Accountan Ltd Chartered Accountants 2 Wyevale Buness Park Kings Acre Hereford Herefordshlre HR4 7BS Date.. i..*.11.01.5............ Page 3
Luofv Tavffl ftJ!b311 Club tèiomi 9l_Fin4noal Aili¥lite5 IOF Ihe Yrii p.ndpd JI D¢em1 2014 lun lunds 14oies IXCOME If4D ENDOWklE14TS FRDAI Donè1 ke4aiiL'¥ 30.58ts 38.540 .204 75,126 24.317 Tot•1 EXPENDITUREON Cbaritabitr acilvlll CummiJniLy tuorball 74.063 I,tyJ3 10.208 INCOIIE AICONCSLIA710N OF FU14D5 Toi41 lund5 bioiighl lorwaid 10,208 TOTAL FUNOS CARRIEO FORWARD 10,20ft The no5 ltsrm part of these 11fi4noal S[aLenis P48e 4
LloW TrMnEwibat( Club Bol3nce Sheer 11 C*(eniber Z024 31 11.24 Unrestricied fund Tolai fvnd, NoLos HXED AssErs Tangible a5sel% 3.173 1,398 CLSRRENT Assrrs DobloTs C05h al boTh 167 23,367 146 8.825 23,531 CREDITORS AmDuits rfallins WllliiD ycar 115.636) NEf CURPEtir A55Ers 7.898 8.810 TOTALAS5ETS LESS CUPRÈNT LIABILtIIE5 10,2Q8 ET A[S 10.208 FUNDS Unft5tnited [N&% 10,208 TOTAL FUNDS 11,271 10,208 The firnCiaL sL4iwnen were approved by Lhè Qoard of Trusiees and authorised for Issue and were signed Ojl its LEh311 b. on Trustee The notes form paTL of Lhese finanaal sta[eMt5 Pa5
Town Fwball Cl Not.tLi•.Ihe FinoN¢iai 51iI£uKwis tho Year Ended 31 (krom¥ 2014 ACCOUNllNG POUCIES Basis ol Propariiii the financial stAiwents Tke I114claI siaLomcnL5 01 Ilie chaiiiy. Whlrh 5 3 Puiillc trtntlil tni,'Ly ur4dtrr FRS 102, aTèI. prÉyarLd In RKommonded Praciici, applitthle io cmiili.. c prepirinl Ill¢.1, a(isuni% In acr.tsAl3rtt¢ vAlh lh¥ frmanc5al Ri'Doiiing sla1174 applicatric 14 Iho UK and Rcpiitsiil 01 11i4tihd IFRS IQZI itriltii1, l JaDu.11) 201QI'. Fm4n¢ial Reportlry Sranaard 102 The Financial Rewiing StandJrd applkablE In t UK and Republlr of Iroiand. and ilie Chailllcs Aci 101 l. Tlt IinaKial SlLtemenls havo Pli?ared ui er lle h151MCRI ri,:, conveotion. Goifig Concerrt Th¥ iiustees assess theihtl Ilitr uje oi rpThlnD IR .itytsfn1nAt i e.. iYTherher i onainiie5 rel3tod lo evon(s or toTrdilion5 tN)T may t3SL 51#nilicani doubl on th2 abi ity of Ibe LotTwariy to continue Ès a EDinE conc¢m. Tho Irustet% rnake rhis asgessment in respoa of o perh)d Dr1 leasr one yeiir fi¢x¥i Ihp date of aUihort5ailoi lor Is5up or the nnanciJl 51ai&monts and have conilu¢JeO Ihtst company hJ5 èdcquaLe Tosrgjrces La ionll,,Ui In optrational existLCt fo- Lhe l(KesecablL' lutuie and wieprr.)InLie5 Jboui th)nlyd Jbility io rnntlnuF )5 a ggin8 ¢tJnrrtn, thtr,. rhey ronr CODILYn $1$ o( acc(ling In prepjrini the fioantial Slaiemenu. ue L Incornt All InCne is IoR1$ed m ihe 5talemenl of Financtal Aciivittes once ihe charily h45 en ir 15 probablo lJ¢at incrme 11 be ¥tLtrÈved Al Ihe anitsbnt tEn be measurvd reliably. 'tlemEnl 10 funds E¥pcndlturo Liabilitiex are recowtsed as èxpenditwe as soon as Lberè ts a legal or consrriiciive ebll Cha[LY io Lhol cxpcndiluro, IL is prob3ble tnat 4 iraThsfei ol Konomic bcncllts will be •nd Ilie a1n¥ of ihe rknlliation con be mcasurea reliRbly. Exrtnthtute 1% a¢couhie(S 1 and c1o5sINed utsder hèadings that aggrete all cosi wated 10 the Category. diretily aitributcd to particular boadin¥s they h4ve beeii allocaied ¢0 aciivlll(% on a b U5poI re%ources. atltyTr commiiting thp oqtsired in sellinlI r on an aCnlS &7515 he cost% IJE Is consislth)I wi¢h (he Tanllbltflyèd ass¢t5 DePrallon ts prowded at the ioltrjwing aAftual rate5 In order to vmte off each èsset ov r It5 e51imaled u51ui 20% on c05t raxatlon The ch•niy Is e%empL ItDth tax on itstharilèble ac11LieS. fund 6ccountln$ Unre5tncieé can bt $ ift accordance Wilh Ib.É th2riL¥ble objociive5 al Ihe diretI)n ol tntstee5. Rostnttrd funds tan anly be LL4ed for wkncuiar T25tricted purp05e¥ With the obJe£ts of the tthaniy. Re5LnciifyY art5eYthpn specified by thtsdthr orwhen [5 fdised foT partTculaFTe5t 'Ei¢d PUfPD5Q5. Further explanatiM of th¢ naiurtr and purrx of each fLthd Is iAclude(t in rh¢ statomonts. te3 10 the I11cial Debtor5 Trode ond other debt(n are TtCO8nlsed at tl setttement due aftet any tode dcnt offered. Pr¢pawments are valued 01 the amount prepoid net ol any trade disrosffit5 due. ash It baThk and In hand Qsh ai bank and cash In hand include5 cash and shon ienn hl8hly liwid invesrments %dth a 5hott maliirliy ol Ihree monitts or less fTQTr dale of acqUrtIon oropenTng af the dep0511 or simii4F accoLMt. c0nllrille. .
Lijdiuw Town.fDO!bill Cltsb NtsLQS ta Ilio Fipènci)1 gèienknis toniinuEJJ tor thtt Yeai Eryd( Jl Ihember ?024 Accout4llNG POLICIES. (Onlintted Crediior¥ and Providons Cicdilvi¥ ind provtsiavs wct Tl'EoRnisi&d wherTr Iht- cliarily has d pit41ni ublT8Hllnii ivsij Ihai will piobobly 1¢5ult in the tiansier pl lunds to a Ihird ptsrty ano tht arrw)Jnt dut iary t mta¢ured ur VSiim4icd rcllnbly. Crediiors aTrd prov1¢1 aro normally re(OBrii amoimt allL'r alltMTig ltsi a¥iy Lrole dIsrMl5 duL. in? trom a Trist elu the (... d al Lhelr SL-Lilorntnt OTHER TRADING AcllviTIES 6.2.13 io Ycir Fundrn151n8evi'nis SpDnsor5hlp5 Jo, J8 12,129 ¥27 4.166 sWry IncomE Sundry incomo 75 38. 12,204 TRUSTEES. REAIUNtRATION AND SENEnTS Therp wwe no IllJSLee5' remuDeratrJth or other benèflTS lop Ihe yeor etyw 31 D peri1 cTrdEa 31 Deccmbor 2023. ber 1024 nor the Trusw. ewnses QurinR the yejr t1115tce 12013.. cnel Wè5 rel[4 1852 11023.. L9001 for exsthlittsie made on t chjriiys trehall. COpARATIVEs FOR THE 5TATEME14T OF FINANCIAL ACTNMES UnrLiSLricied fund IIICOME AND EpIDOWM£Kfs FROM DDnation5 and leaeS 12.lJJ 12,204 OLher tradin8 acri11 24.337 Tolal FJPENDITUAE ON ChanEablE artknties Co)mrnUntly football 14,129 1Q.208 NEY INCOME 10.20B TOTAL FUPIDS CARRIEO Fof(WARD PaF7 cvniinued...
IOT I., Yt31 [ i.-liThh 31 ik.cpmltht 1014 tAN(ASLE FIXED 'ssrrs 4n4J COST 457 Ir it Dei 2024 DEPREUATILIFI 59 R91 A[ 3t NxcmbeT 2024 F4UBOOK VALUE .111 Dcxe.... 30?3 DEBTORS. IMOLtNTS FALLING iYUE WSTrtIN OIIE YEAR 24 TrJdo deb 55 167 CREDITORS: P•IOUNTS FALUIIG DUE wi[N ONE YEASI 31.12.24 637 011 Cre1t0 14, 15.h36 MOVEMEhT111 FU140S movc Atl.1.24 )1 12.24 Unr¢stricted fund5 GenL¥ai fvip d 10.208 TOTAL FLINDS 10.208 Pafr,- 8
Li,,Ilm': IEWli FwltNTII Cluh Noirt IQ Ihc FinJnf w .iaiemmis fo1•n4 lil. I",,. Yci, JI TrY(¥nlxY 20?4 MOVEMEKT EN FUNDS. ¢eniiTruE Nei I¥rnnt IA i..-Ivdtd Ihe atwvt as follG Iy.QLtrieJ re Vnr¢&trlcled fund5 75,116 l.C3 TOTAI FUKJS ComparaLfve% for mwemeni In Iind5 cni rJs UnrutrLoiod fund5 IU 2U8 TOTAL FUNDS io, iO.?O frnra(wt net mg¥ament Jur47s. Included ' ,' at¢vt are 45 lollm. Incoming Ir¢c4 empeooed Movemtyil UThr•Arfded lund5 Ger4. lu 24,337 11J.208 TOTAL FUNDS 24.337 lQ.206 RELATELI PARTYf45CLOSURÉ5 TTUSiQO ol Lbe ehanLy D Crowth¢r, also a 4¥rfror of iho (Dtyany Thorao Wid8ery (an(¥ Lld. Dunn tnL' ypar Twin? Wiag¢ry ALcotanCY Ltd prOderf accountafKy afio iiidependeni examatlon 5cMcos fi 4Jf ,¥i The v4th of rh15 r¥i¢¢. 1945 (2023.. Cg001. as been Inciuoed m tho occounts a5 a4JoDa¢ed 5eNict
Ludlow TDwn FLk)L4all Clttl Deiailed 5111(1 I 1iia-lr.al A¢ijwillt5 IPJCOME AND £NDOWMENTS DoTro¢ion5 0fÈd I0¢se5 mbryships rkJLed srrnco5 Jnd lacilitK% 15,675 ¥0 80 other tradln8acrMtles 5poDiorshlPS JQ 138 1.8LII Setwry Income Sundry inco 4.80 15 38.540 12 204 Totsl inEvmin¥ resources Y.126 ZkPE140rrvAt Charile 4divilles rA costs lire of bus SfvJLk and roffeshmen15 KILS and yJckwi LLaiD riinning <0$ Junioi teom nmnins Casfs 1,256 1.638 ,557 4.100 500 l.J60 350 ,651 21,501 6,29J 5L4OPOrt C05ts lianapment Rent PFtch rnainleiiaftce Lltpnces #nd insurance Tolophonc. inle( and sky RLPaTf5 to pryriy and (wirt Aa¥er1151n4 SuNéne5 rlousehold Ind cleanu)g FIA14&re5 and Iiltinqs ,740 1,186 256 149 815 ,614 .1 168 3.595 1,416 291 1,287 ,919 194 81 54 .763 6,936 GD¥prrsance tosts Accountancy and legal fee5 ,799 900 Toal "wurrcs cxpent1ed ,063 14.?25 Nei incorne .063 10,208 Th15 Pa8e does noL form part of the SLalutryy fln3n£iol siatemen Pagp 10