2024-03-31-accounts

Chairman’s Report

Thank you as always to our volunteers, without whom the club wouldn’t be able offer young players the opportunity to enjoy playing football, improve their skills and to socialise. With twelve teams and more than 180 registered players, our involvement with local communities continues to grow.

As a ‘not for profit’ organisation we continue to invest 100% of the funds we raise directly into the playing of football and facilities that support participation.

Looking ahead, developing the facilities at our Mill Green Ground remains a priority. Including, site security and the provision of dressing room and bathroom facilities.

Balance Sheet As at 31 March 24 £

Income Players Subscriptions Registration Sponsorship Donations Giftaid Grant Donations Others Total Income Expenditure Playing Expenses Federation Subscription & Licenc Pitch Hire Walsall League weekly costs Ref Fees Football Tournaments Training Courses External Coaches Football Kit Total Playing Expenses Club House and Ground General Rates Water Rates Electricity Insurance Rent Home Ground Maintenance Total Club House and Ground Administration End of Season awards Finance Charges Website Christmas parties Others Total Administration TOTAL EXPENDITURE SURPLUS/(DEFICIT)		Endin	Period g 31 March 24 £ 54,380 - 2,660 9,851 20,178 237 678
			87,985
			2,669 15,806 80 5,903 60 580 1,080 4,768
			30,945 - - - 1,397 - 50,622
			52,019 3,251 1,921 370 1,330 247
			7,118
			90,083
			(2,098)

Total Fixed Assets Current Assets HSBC Total Current Assets Net Balance Financed By Net Value of Assets Opening Balance Result for year Net Balance	-
	- 37,023
	37,023
	37,023
	39,121 (2,098)
	37,023
	-

Four Oaks Boys Club Treasurers report for year 1 April 2023 to 31 March 2024

The bank balance as at 31 March 2024 was £37,023

The club recorded a deficit of £2,098

The club remains in a strong position with a health balance sheet, the club needs to keep exploring methods of generating income.