Charity number: 1202330
WALTON MK FC
UNAUDITED
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2025

WALTON MK FC
CONTENTS
Page
Reference and Administrative Details of the Charity. its Trustees and Advisers
Trustees. Report
Independent Examlner's Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements
9-16

WALTON MK FC
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY. ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 JULY 2025
Trustees
S Potter, Chair
M McGinlay, Trustee
G Clark, Trustee
D Rowell, Trustee
L Tomlin, Trustee
L Martin, Trustee
M Humes, Trustee
Charity reglstered
number
1202330
Prlnclpal offlce
116 Studley Knapp
Walnut Tree
Milton Keynes
MK7 7NE
Accountants
MHA
Chartered Accountants
The Pinnacle
150 Midsummer Boulevard
Milton Keynes
MK9 1LZ
Page 1

WALTON MK FC
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 JULY 2025
The Trustees present their annual report together with the financial statements of the Charity for the 1 August
2024 to 31 July 2025.
Objectives and activities
a. Polieies and objectives
The objectives of the charity are to promote community P8rtiClP8tion in healthy recreation by the provision of
facilities for the playing of association football.
In setting objectives and planning for activities, the Trustees have given due consideration to general guidance
published by the Charity Commission relating to public benefit, including the guidance 'Public benefit." running 8
charity IPB21'.
We operate numerous policies and rather than listing them all here they can be found on our comprehensive
website at https".IlwwM.waltonmkfc.eomlclub-infomalion
b. Strategies for achieving objeetives
Walton MK FC is a charity that wants lo create successful teams of well-adjusled, confident children. To achieve
this it's important that we e￿ate an environment that allows them to develop and understand their
SFX)nsibilities.
We ensure every single one of our managers passes at least the first recognised FA qualific8tion and we will
support their development should they want to take their footballing journey further.
We offer exeellent facilities at 811 of our playing venues and we have inst811ed defibrillators to ensure the
wellbeing of p18yers, supporters and managers is 8t the forefront of or objectives.
We have a dedicated committee of volunteers who work tI￿leSS1Y lo grow our charity and ensure football is
available lo all, regardless of ability.
c. Activities undertaken to achieve objeetives
In the last year we had 26 teams consisting of boys, girls and adult teams. All of our volunteer managers have
successfully passed all the required training and the volunteer committee meet al least once a quarter to discuss
any issues lo ensure the objectives of the charity are achieved. The committee are ext￿MelY dedicated and
pride themselves on their collective values to ensure they provide the best provision of footb811 in the local area.
d. Main activities undertaken to further the Charity's purposes for the public benefit
The demand for football within Milton Keynes continues to grow and Iheofore we are reslricled by the space
available lo host football matches. The charity is very proud that we have been able lo increase the amount of
teams despite this. through running open sessions al no cost lo attendees, and are extremely grateful to our
local SFX)nsors for their help on this joumey.
We have held a number of fundraising aelivilies including a Club Monthly Supporters Dmw, team based
fundraising events and our annual BBQIPresentation day to ensure we can keep the costs of providing football
as low as possible, something we are very proud of.
Page 2

WALTON MK FC
TRUSTEES. REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 JULY 2025
Achievements and performance
a. Main achievements of the Charity
Another fantastic year for the Clubl
On average we provided football facilities to circa $50 people every week, for boys, gids and 8dults within the
local area.
We have worked with the local council to improve the Ioc81 facilities, we have made donations and contributions
lo local foodbanks, we have trained every one of our new football managers I coaches and continue to ensure
football is available to everyone regardless of ability.
Financial review
a. Going eoneem
After making appropriate enquiries, the Trustees have 8 reasonable expectation that the Charity has adequate
resources to eontinue in operational existence for the foreseeable futu￿. For this reason, they continue lo adopt
the going concern basis in preparing thè financial stalemenls. Further details regarding the adoption of the going
concem basis can be found in the accounting policies.
b. Reserves policy
Purpose:
We maintain an appropriate level or reserves lo manage uneertainty and lo ensure we have adequate resources
lo fund equipment and pitch hire.
This allows us lo manage our cashflow as our expenditure is not linear and means we ean meet our g081s and
objectives of promoting community participation in healthy recreation by the provision of facilities for the p18ying
of association footb811.
The committee review the level of reserves based on expected future cashflow requirements rather than as
percentage of income.
The reserves will be used to fund our winter training Costs and to cover any unforeseen expenses. In addition
they are used lo fund our hardship fund and also to make charitable donations such as the local foodbank.
The Trustees will take all necessary steps to ensure that al no lime would il be possible for the cessation of one
or more funding streams to present so serious a challenge lo the future of the charity that il could not be
managed so as to continue to meet ils Charitable objectives.
As at the end of our accounting year our free Cash reserves were £37,528.
Structure, govemance and management
a. Constitution
Walton MK FC is a registered Charity, number 1202330, and is constituted under a Trust deed.
Page 3

WALTON MK FC
TRUSTEES. REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 JULY 2025
Structur•p gov•rn•n¢• and man4g•m•nt ieontlnu•dl
b. Plothod• of appolntment or •l•cllon of Tru8t•e8
The marogement of the Chaiity 18 the responslblllty of the TNglee8 vtho are elected and ctroptsd under the
terms of the Trust deed.
Stat•m•nt of TnMts••' r••ponilbllltl
. .The Trustees are"re3PDn$ible for preparing the Tru8tee8' Report and the financial statements in arJ>)rdance with
applicable law ar￿ Unrted Kingdom.,Aco)untsng Standards. (United ￿'ngdOm,.Gan9faIty.AeCep1ed.A¢Counl1ng
Practice).
The law applicable to tharities In England & Wales requires the Trustees to prepare finarrial $￿te￿nIS for
each financaal give a true and fair vw of the stale of affairs of the Charity and of it8 in¢X>ming Te80urces
and application of resources. induding rts In￿Me an¢J expeThJilure, for that Fen"od. In preparing.these tinanual
statements. the Trustees are required to:
$eled sUita1￿e accx)unting polidés'and then apply th8rri conslslentlw,
obseNe the methods and principl￿ ofthe Charilie5'SORP IFRS 102};':'":
make judgments and'accounting 8￿timat¢S that'arè reasonable and prudenL .
$tst8 whgthar applirAble UK A¢¢ounling Standards IFRS 102)'have been follov•td.' ￿ble£* to any rt)atari
departures disdosed and explained in the financial stslements..
prepare the finanoal statements on the goirw concem ba$is unles$ it 18 inappropriale fo presume.that the
Charity will continue in business.
'The Trustees are re$pon$ible'for keeping adequate accounting re￿r￿S that are suifictenl to show an(1 explain
thg Chariils transactions and disclose reasonable accuracy at any time the financial position of tha Char7ty
and ena￿e them to ensure that thè financial statements comply. with the Charities Act 2011, the Charity
IAccou"nts and Reports). Regulations 20.08 and the w,ovisions of the Trust'deed. They are also responsible for
-safeguarding the a39ets' of the Charity and hence for taking reasonable steps'for the preventson and detection of
fraud and other irreguianbes.
Approved by order of the members of the board of Tru8te8s and signed on their bohalf by:
(Chair of Trustees)
Date: Z
li
Page 4

WALTON MK FC
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 JULY 2025
Independent Examinerfs Report to the Trustees of Walton MK FC I'the Charity'l
I report to the charity Trustees on my examination of the accounts of the Charity for the year ended 31 July 2025.
Responsibilities and Basis of Report
As the Trustees of the Charity you are responsible for the preparation of the accounts in accordance with the
requirements of the Charities Act 2011 I'lhe 2011 ACVI.
I report in respect of my examination of the Charity's accounts carried out under section 145 of the 2011 Act and
in carrying out my examination I have followed the applicable Directions given by the Charity Commission under
section 14515llbl of the 2011 Act.
Independent Examiner's Statement
Your allenlion is drawn lo the fact that the Charity has prepared the accounts in accordance with Accounting and
Reporting by Charities.. Statement of Recommended Practice applicable lo charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 in
preference lo the Accounting and Reporting by Charities.. Statement of Recommended Practice issued on 1 April
2005 which is referred to in the exlanl regulations bul has been withdrawn.
l understand that this has been done in order for the accounts lo provide a true and fair view in accordance with
the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.
I have completed my examination. I confimi that no mallers have come lo my attention in connection with the
examination giving me cause lo believe that in any material respect..
accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act,. or
the accounts do not accord with those records", or
the accounts do not comply with the applicable requirements conceming the form and conlenl of
accounts sel out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement
that the accounts give a 'true and fairf 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 whieh
attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
This report is made solely to the Charity's Trustees, as a body, in aecordance with Part 4 of the Charities
IAccounts and Reports) Regulations 2008. My work has been undertaken so that I might stale to the Charity's
Trustees those mallers l am required lo slate to them in an Independent Examinerfs Report and for no other
purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the
Charity and the Charity's Trustees as a body, for my work or for this report.
Page 5

WALTON MK FC
INDEPENDENT EXAMINER'S REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 JULY 2025
Signed..
Dated.. 3 December 2025
Elizabeth Newell BA IHonsl FCA
MHA
Chartered Accountants
Milton Keynes
MHA is the trading name of MHA Audit Services LLP, a limited liability partnership in England and Wales
Iregistered number OC4555421.
Page 6

WALTON MK FC
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 JULY 2025
Unrestricted
funds
Year ended
31 July
2025
Total
Total
funds
funds
Year ended Period ended
31 July
31 July
2025
2024
Note
Income from:
Charitable activities
86,152
86,152
108,069
Total income
86,152
86,152
108,069
Expenditure on:
Charitable activities
84,834
84,834
71,859
Total expenditure
84,834
84,834
71,859
Net movement in funds
1,318
1,318
36,210
Reconciliation of funds..
Total funds brought forward
Nel movement in funds
36,210
1.318
36,210
1,318
36,210
Total funds carried forward
37,528
37,528
36,210
The Statement of Financial Activities includes all gains and losses recognised in the year.
The notes on pages 9 10 16 form part of these financial slatemenls.
Page 7

WALTON MK FC
j....4 .'ts4'xiI..#ir,I'i'.Jl￿1l1.".:
6£*,-.¥T, BALANCE SHEET
'.*IAS AT 31 JULY 2026
Noto
2025
. l.K"54K Tangible assets
1.308
2,648
1.308
2,548
Gurrent assets
Cash at bank and In hand.
36.220
33,664
36,220
Curr•nt1Sabllltlgs
N•t.curront a￿ty..._
36.220
33,664
Total a$￿ts loss ¢unpnt Ilabllltlo8'"'_
37.528
36.210
N•ta•••ts ￿clUdIng.￿n*t0￿ aB8•t'".I
Total *58ets.
37.528
36.210
37,528
36,210
.¢￿rIty fund$ ".
ResIri￿ed fvnds
Unrestricted Itinds
.10
10
37.528
36,210
T¢)tal fund&
37,528
36.210
The ftnanryal statenpnts were approved and authorised for issue by the Tru$te&s and signed on their behaff by..
(Chair of Tnmtees)
Date.. £&]11
.The note8 on page8 9 to 16 fomi part of the$e fin*ndal Slalements. .,..,.
Pago 8

WALTON MK FC
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2025
General information
Walton MK FC is a registered Charity in England and Wales and is unincorporated. The address of the
principal office is 116 Sludley Knapp, Walton Tree, Milton Keynes MK7 7NE.
Accounting policies
2.1 Basis of preparation of financial ststements
The financial statements have been prepared in accordance with the Charities SORP IFRS 1021
Accounting and Reporting by Charities". Slalement of Recommended Practice applicable lo charities
preparing their accounts In accordance with the Financial Reporting Standard applicable in the UK
and Republic of Ireland IFRS 1021 leffeclive 1 JanLJary 20191, the Financial Reporting Standard
applicable In the UK and Republic of Ireland IFRS 1021 and the Charities Act 2011.
The financial statements have been prepared to give a 'true and fair, view and have departed from
the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true
and fair, view. This departLJre has involved following the Charities SORP IFRS 1021 PLJblished in
October 2019 rather than the Accounting and Reporting by Charities". Statement of Recommended
PracliTr effective from 1 April 2005 which has since been withdrawn.
Walton MK FC meets the definition of a public benefit entity under FRS 102. Assets and liabilities are
initially recognised at historical cost or transaction value unless othenNise stated in the relevant
accounting policy.
2.2 Going concern
Al the time of approving the financial stslements, the trustees have a reasonable expectation that the
charity has adequate resources to continue in operational existence for the foreseeable future. Thus
the trustees continue lo adopt the going concern basis of accounting in preparing the financial
statements.
2.3 Income
All income is recognised once the Charity has entillemenl to the income, il is probable that the
income will be received and the amoLJnt of income receivable can be measured reliably.
2.4 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit
to a third paty, 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 classified by activity. The costs
of each activity are made up of the total of direct costs and shared costs, Including support costs
inVo￿ed in undertaking each activity. Direct costs attributable lo a single activity are allocated directly
to that activity. Shared costs which contribute to more than one activity and support costs which are
not attributable lo a single activity are apportioned between those 8otivities on a basis consistent with
the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation
charges allocated on the portion of the asset's use.
Expenditure on charitable activities Is incurred on direclly undertaking the activities which further the
Charity's objectives, as well as any associated support costs.
Page 9

WALTON MK FC
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2025
Accounting policies Icontinuedl
2.5 Tangible fixed assets and depreciation
Tangible fixed assets costing £NIL or more are capilalised and recognised when future economic
benefits are probable and the cost or value of the asset can be measured reliably.
Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible
fixed assets are measured al cost less accumulated depreciation and any accumulated impairment
losses. All costs incurred lo bring a tangible fixed asset into its intended working condition should be
included in the measurement of cost.
Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value
over their eslimaled useful lives,
Depreciation is provided on the following basis..
Office equipment
33Qh Slraighl line
2.6 Cash at bank and in hand
Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity
of three months or less from the dale of acquisition or opening of the deposit or similar account.
2.7 Financial instruments
The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial
instruments. Basic financial instruments are initially recognised at transaction value and subsequently
measured al their selllemenl value with the ex￿ptIOn of bank loans which are subsequently
measured al amortised cost using the effective interest method.
2.8 Fund accounting
General fvnds are unreslricled fvnds which are available for use at the discretion of the Trustees in
furtherance of the general objectives of the Charity and which have not been designated for other
purposes.
Income from charitable activities
Unrestricted
Total
funds
funds
Year ended Year ended
31 July
31 July
2025
2025
Income from charitable activities
86,152
86,152
Page 10

WALTON MK FC
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2025
Income from charitable activities {continued}
Unrestricted
Total
funds
funds
Period ended Pgriod ended
31 July
31 July
2024
2024
Income from charitable activities
108,069
108,069
Analysis of expenditure on charitable activities
Summary by fund type
Unrestricted
funds
Total
Year ended Yoar ended
31 July
31 July
2025
2025
Direct costs
84,834
84,834
un￿SInGted
funds
Total
Period ended Period ended
31 July
31 July
2024
2024
Direct costs
71,859
71,859
Page11

WALTON MK FC
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2025
Analysis of expenditure by activities
Activities
undertaken
Total
directly
funds
Year ended Year ended
31 July
31 July
2025
2025
Direct costs
84,834
84,834
Activities
undertaken
Total
directly
funds
Period ended Period ended
31 July
31 July
2024
2024
Direct costs
71,859
71,859
Analysis of direct costs
Total
Activities
funds
Year ended Yoar ended
31 July
31 July
2025
2025
Pitchlvenue hire
38,841
23,143
2,709
7,514
1,550
6,257
3,540
42
1,238
38,841
23,143
2,709
7.514
1,550
6,257
3,540
42
1,238
Equipment & kits
League costs
Professional training
Match costs
Sundry coslslexpenses
Non football expenses
Bank charges
Depreciation
84,834
84,834
Page 12

WALTON MK FC
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2025
Analysis of expenditure by activities Icontinuedl
Analysis of direct costs {continued}
Total
Aclivi118S
funds
Period ended Period ended
31 July
31 July
2024
2024
Pitchlvenue hire
Equipment & kits
League costs
Match costs
Professional training
Sundry coslslexpenses
Non football expenses
Bank charges
Depreciab'on
29,923
23,369
2,387
3, 775
1,885
8,618
667
29,923
23,369
2,387
3,775
1,885
8,618
667
68
1,167
68
1,167
71,859
71,859
Independent examiner's remuneration
Year ended Period ended
31 July
31 July
2025
2024
Fees payable lo the Charity's independent examiner for the independent
examination of the Charity's annual accounts
1.995
1,900
Trustees. remuneration and expenses
During the year, no Trustees re￿IVed any remuneration or other benefits {2024- £NIL).
During the year ended 31 July 2025, no Trustee expenses have been incurred (2024 - £NIL).
Page 13

WALTON MK FC
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2025
Tangible fixed assets
Office
equipment
Cost
At 1 August 2024
3,713
At 31 July 2025
3.713
Depreciation
At 1 August 2024
Charge for the year
1,167
1,238
At 31 July 2025
2,405
Net book value
At 31 July 2025
1,308
At31 July 2024
2,546
Financial instruments
2025
2024
Flnanclal assets
Financi81 assets measured at fair value through income and expenditure
36,220
33,664
Page 14

WALTON MK FC
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2025
10. Statement of funds
statement of funds - current year
Balance at 1
August 2024
Balance at
Income Expenditure 31 July 2025
Unrestricted funds
General Funds
36.210
86,152
184.834}
37,528
Statement of funds - prior year
Balan￿ at
Income Expenditure 31 July 2024
Unrestricted funds
General Funds
108.069
(Tl,859J
36,210
11. Summary offunds
Summary offunds - current year
Balance at 1
August 2024
Balance at
Income Expenditure 31 July 2025
General funds
36,210
86,152
(84,834)
37,528
Summary offunds - prlor year
Balan￿ at
Income Expenditur8 31 July 2024
General funds
108.069
(71,859)
36,210
Page 15

WALTON MK FC
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2025
12. Analysis of net assets between funds
Analysis of net assets between funds - current year
Unrestricted
funds
2025
Total
funds
2025
Tangible fixed assets
Current assets
1,308
36,220
1,308
36,220
Total
37,528
37,528
Analysis of net assets between funds - prior year
Unrestricted
funds
2024
Total
funds
2024
Tangible fixed assets
Current assets
2,546
33,664
2,546
33,664
Total
36,210
36,210
13. Related party transactlons
One of the trustees also runs another football club, Football Feeders. During the period, Walton MK FC
have paid pitch hire fees on behalf of Football Feeders amounting lo £2,750 12024.. £9901 lo aid the
development of football within the local community. In return, Football Feeders have helped lo support
Walton MK FC by helping the development of their new U7 teams.
Page 16