As a direct consequence of the pandemic, this has been another extremely challenging year but once again, Four Oaks Boys Club has continued its commitment to providing Sport for All in the local community. 

This wouldn’t have been possible without the continued support of the club’s stakeholders. From parents who have continued to provide funding, particularly during lockdown when football activity was non-existent, our team coaches who have remained motivated and provided flexibility to get our youngsters back playing when restrictions were lifted and then individual team sponsors, whose support is critical. 

Whilst the periods of lockdown have allowed us to secure funding, thanks to the Football Foundation, to improve our facilities at Mill Green, they have also restricted our ability to implement practical steps to recruit new teams. This will be our priority over the coming 12-months. 

With life finally returning to normal and restrictions now hopefully consigned to history, now is the time to look forward once again, with renewed hope and optimism. 



ltsb
erlod
31 M rch 2021
Income
Players Subscrlptlons
Reglstrailon
Sp￿sOrShIp Donatlons
Glftald
Grant
Donatlons
Other5
24,639
5,476
2.670
22,324
23,IS7
964
2,799
Total Income
82,030
Expendlt¥re
PloylngEipenses
FÈderatlon Subscrlptlon & Ll£en¢e
pitch Hlre
Walsall Le88ue weeklycosts
Ref Fee5
Football Tovrnaments
Tralnlng Course5
External Coaches
3,099
23,958
1,596
1,097
so
475
12,010
Total Playlng Expenses
42,286
Club House And Ground
General Rate5
Water Rate5
119
1,150
212
Insurance
Rent
Total Club House and Ground
1,481
Admlnlstratlon
End ol Season awards
FlTharKe ChaiEes
Webslle
Christmas paTlles
Other5
2,003
369
536
1,845
11,602
Total Admlnlslratlon
16,355
TOTAL EXPENDITURE
60,122
SURPLUSIIDEFICITI

Four Oaks Footbull Club
Btilunce Sheet
Bttlance Sheet
As ut 31 March 2021
Total Flxed Assets
Current Assets
Abbey National
HSBC
1,817
48,317
Total Current Assets
50,134
Net Balance
50,134
Flnanced By
Bulldlng Reserve
2,692
Net Value of Assets
Openlng Balance
Result for year
25,534
21,908
Net Balance
50.134

## _**Four Oaks Boys Club**_ 

## _**Treasurers report for the year 1 April 2020 – 31 March 2021**_ 

The Bank Balances as at 31 March 2020 are: 

HSBC £48,317 Abbey National £1,817 

The club recorded a surplus of £21,909an increase on the prior year, significant expenditure was made on integrating new training and playing facilities for teams and football kit for all teams. 

The club is again heavily reliant on the donorship which was received from annual membership, training, match fees and gift aid. It is the clubs biggest cash generator and without the club would be running a significant deficit. 

The club remains in a strong financial position with a healthy balance sheet however the club needs to explore all methods of generating income and will explore all methods of doing so.