Charity registration number 515081
AYLESTONE PARK BOYS CLUB
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024
AYLESTONE PARK BOYS CLUB
LEGAL AND ADMINISTRATIVE INFORMATION
| Trustees | Mr L St Clair | |
|---|---|---|
| Mr D Greaves | ||
| Mr J Greaves | ||
| Mr S Cramp | (Appointed 20 June 2023) | |
| Charity number | 515081 | |
| Principal address | The Chairman | |
| Aylestone Park Football Club | ||
| Saffron Lane | ||
| Leicester | ||
| LE2 6TG | ||
| Independent examiner | Thomas Mayfield BA FCA | |
| Mayfield & Co | ||
| 2 Merus Court | ||
| Meridian Business Park | ||
| Leicester | ||
| LE19 1RJ |
AYLESTONE PARK BOYS CLUB
CONTENTS
| Page | |
|---|---|
| Trustees report | 1 - 3 |
| Independent examiner's report | 4 |
| Statement of financial activities | 5 |
| Balance sheet | 6 |
| Notes to the financial statements | 7 - 13 |
AYLESTONE PARK BOYS CLUB
TRUSTEES REPORT
FOR THE YEAR ENDED 30 APRIL 2024
The Trustees present their annual report and financial statements for the year ended 30 April 2024.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the Charity's [governing document], the Charities Act 2011 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019).
Objectives and activities
The charity, Aylestone Park Boys Club was awarded charitable status on the 3 May 1984. It was formally constituted on the 14[th] June 1982. Its governing document was amended on the 2 June 1994.
Charitable objects
The aims and objectives of the club are to offer all boys and girls, irrespective of their origins, beliefs and social background, the knowledge, guidance and support they require which will utilise to the full, their potential as they prepare for life in society and their responsibilities as adults. To encourage these young people to meet, work and mix together through mixed and single sex sporting and social activities within the club and together with members of other clubs. To help them to develop and enjoy their individual and team skills in fair and honest competition.
In order to achieve the above the provision of recreational facilities for young people is fundamental to achieving our charitable objectives.
The 3G football pitch which is run by the associated football clue Aylestone Park is used by several outside groups during the week as well as education providers during school hours. This is achievable because of the support the charity provides.
The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the Charity should undertake.
Achievements and performance
Our charity Aylestone Park Boys Club is closely associated with the local football club Aylestone Park Youth and Old Boys, an unincorporated football club. The trustees believe the close harmonised links enables the efficient running of the football club and the provision of football related activities to the communities it serves.
The 2023-24 year has once again been an excellent year for the club, with had numerous teams winning, leagues, cups and tournaments, from under 7 right through to the inclusive section.
The range of teams and provision of inclusive activities emphasises the role the club plays in the community.
The trustees all remain in post and are happy to continue and have contributed to the decision-making processes that underpinned such a successful set of results.
The grass pitches at the club are in great shape, due to the significant investment in the upkeep of them, this in turn encourages the club’s younger players to develop their skills.
We firmly believe that the investment in the facilities is aligned with our charitable objectives.
In conjunction with the unincorporated football club we currently have another application in progress with the Football Foundation to contribute towards an upgrade to the LED lights on the 3G training pitches. The charity will look to make up the 30% shortfall in funding for this refurbishment, which is estimated to be approximately £8,000.
The football club faces a number of financial pressures, and to help fund these costs the club decided, for the first time in four years to raise receivable income by 5%, this was in order to counter the huge rises in basic costs for maintenance, grass seed and fertiliser.
The club feels that this small increase still represents very good value for money given the amount of investment in the facility and playing surfaces continued with the community car boot sales which have been very well attended by lots of local people looking for bargains.
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AYLESTONE PARK BOYS CLUB
TRUSTEES REPORT (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2024
The club continues to have a thriving membership with over 500 players registered with the club. A significant number of the membership live locally and come from poor backgrounds. The opportunities that are being provided to local young people gives the club and charity enormous satisfaction.
We wanted to reinvest some of the funds directly back into the facility. The intention is to now move towards the support of individual teams so that they have the necessary kit & equipment that will help support their players, some of which come from some of the more deprived areas of Leicester.
We will highlight this future strategy in our Plans for Future Periods Section.
Financial review
The statement of financial activities on page 5 shows a total income of £68,337 and expenditure of £1,200 across our unrestricted funds and restricted funds.
This provides a surplus of £67,137 for the year ended 30 April 2024 and there remains a surplus of reserves carried forward of £454,469 across all funds.
During the 2022 year the Trustees decided to transfer £250,000 from general unrestricted funds to a specific designated fund. The designated fund has been set up to ring fence financing specifically in relation to key costs that will emanate at the facilities in the coming years, which will be of a significant level.
The facilities fund will primarily be saved for the refurbishment of the all weather pitch at Aylestone Park. The trustees have conservatively assessed this cost to be approximately £300,000, which will be necessary for the refurbishment of the artificial surface. The trend is now shifting away from rubber crumb based 3G pitches to a more environmentally friendly and sustainable product, these protypes are currently under test but as with all new technology the cost will be higher, with this in mind the trustees plan to hold off replacing the pitch for at least two years but feel it is more prudent to ring fence £300,000 to cover the increased cost of new material. On the basis of the above the trustees have approved a transfer of £50,000 out of unrestricted funds into the designated fund.
The club have undertaken a deep renovation of the pitch which we expect will expand its lifespan to cover the development of new materials.
Reserves Policy
It is the policy of the charity that unrestricted funds which have not been designated for an alternative specific use should be maintained at a level equivalent to between three and six months of normal expenditure.
As previously articulated the trustees have designated £300,000 for the maintenance of the all weather pitch. Therefore, this leaves free reserves of £154,469 in free unrestricted reserves.
In 2023 the trustees approved a kit purchase scheme for all the sections within the club, this cost £32,250. They have also approved the purchase of replacement wheels for all our portable goals to ensure we comply with current safety legislation. The purchase of the wheel replacement will take place next.
In normal circumstances, the trustees estimate that reserves at a level of approximately £50,000 would ensure that, in the event of a significant drop in funding, they would be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised. However, because of the impact of Covid-19 hitting clubs over a longer period of time than could be expected, it has led the club into at least twelve months worth of funding in place to enable it to operate through any future seismic problems.
This is why the club has decided to maintain higher levels of reserves at this moment in time. It is desirable for the charity to maintain this level of reserves for the time being, but it will be revaluated on an annual basis. At the moment there is a level of concern regarding future income strategy and costs of refurbishment which have led to maintaining higher than normal reserves.
Over the ensuing years the charity will look to utilise its funds prudently to ensure it works with its partners to maximise the use of the Aylestone Park playing facilities.
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AYLESTONE PARK BOYS CLUB
TRUSTEES REPORT (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2024
Risk Policy Statement
As part of their overall duties of management, the trustees must ensure that the major risks to which the group is exposed are reviewed and that systems are established to mitigate those risks.
The trustees consider that a major risk is one, which if it materialised, would have a significant adverse impact on the charities ability to function and achieve its purposes as identified in its Constitution. The trustees recognise that risks can arise not only from the charities activities but also from failure to act or exploit opportunities.
The trustees regularly review and consider the risks which affect the charity in order to mitigate such risk as they materialise.
Plans for future periods
The charity is in the process of drawing up a strategy to enable it to take the club forward over the ensuing years. These include £7,000 to purchase new machinery that significantly improves the pile on the 3G pitch, benefitting all the users. We intend to purchase new portable 7 v 7 and 9 v 9 goals to replace our current ones that have served us for circa 12 years, these will cost £11,000, we also plan to cover any shortfall from a grant application to the Football Foundation to switch our floodlights on the 3G to LED, we anticipate this to be around £8,000, this will be the real icing on the cake for the club, not only does the improved lighting benefit all users, it is also far more efficient and better for the environment.
The trustees have decided to add a new trustee to the charity, namely Steven Cramp, who has been involved with the club for over 25 years, he has a wealth of knowledge within grassroots football standing on FA councils and committees as well as doing the role as club secretary for over 20 years.
We will also continue to invest in the facilities, which for an organisation such as Aylestone Park is a continually significant outlay.
The club still retain huge ambitions to build on the solid foundations that the previous trustees have put in place and to continue to offer an exceptional experience for all the estimated 3,000 people per week who attend our facility.
Structure, governance and management
Aylestone Park is governed by its constitution which is registered with the Charity Commission. As articulated earlier in the report this was last updated in 1994.
Its principle operating address is Aylestone Park, Saffron Lane, Wigston, Leicester LE2 6TG.
Aylestone Park was founded as a charity in 1984.
The Trustees who served during the year and up to the date of signature of the financial statements were: Mr L St Clair
Mr D Greaves Mr J Greaves Mr S Cramp (Appointed 20 June 2023)
The Trustees report was approved by the Board of Trustees.
Mr S Cramp
Trustee
10 February 2025
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AYLESTONE PARK BOYS CLUB
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF AYLESTONE PARK BOYS CLUB
I report to the Trustees on my examination of the financial statements of Aylestone Park Boys Club (the Charity) for the year ended 30 April 2024.
Responsibilities and basis of report
As the Trustees of the Charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (the 2011 Act).
I report in respect of my examination of the Charity’s financial statements carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner's statement
Your attention is drawn to the fact that the charity has prepared financial statements in accordance with Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn.
I understand that this has been done in order for financial statements to provide a true and fair view in accordance with Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
1 accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act; or
-
2 the financial statements do not accord with those records; or
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3 the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair 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 which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.
Thomas Mayfield BA FCA
Mayfield & Co 2 Merus Court Meridian Business Park Leicester LE19 1RJ
10-02-2025 Dated: .........................
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AYLESTONE PARK BOYS CLUB
STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 30 APRIL 2024
| Unrestricted Unrestricted funds funds general designated 2024 2024 Notes £ £ Income from: Donations and legacies 3 60,000 - Charitable activities 4 4,000 - Investments 5 4,337 - Total income 68,337 - Expenditure on: Charitable activities 6 1,200 - Total expenditure 1,200 - Net income/(expenditure) 67,137 - Transfers between funds (50,000) 50,000 Net movement in funds 9 17,137 50,000 Reconciliation of funds: Fund balances at 1 May 2023 137,332 250,000 Fund balances at 30 April 2024 154,469 300,000 |
Total Unrestricted Unrestricted funds funds general designated 2024 2023 2023 £ £ £ 60,000 1 - 4,000 4,000 - 4,337 1,228 - 68,337 5,229 - 1,200 34,650 - 1,200 34,650 - 67,137 (29,421) - - - - 67,137 (29,421) - 387,332 166,753 250,000 454,469 137,332 250,000 |
Total 2023 £ 1 4,000 1,228 5,229 34,650 34,650 (29,421) - (29,421) 416,753 387,332 |
|---|---|---|
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
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AYLESTONE PARK BOYS CLUB
BALANCE SHEET
AS AT 30 APRIL 2024
| 2024 | 2023 | |||||
|---|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | ||
| Current assets | ||||||
| Debtors | 13 | 30,000 | - | |||
| Cash at bank and in hand | 425,669 | 424,382 | ||||
| 455,669 | 424,382 | |||||
| Creditors: amounts falling due within one year | 14 | (1,200) | (37,050) | |||
| Net current assets | 454,469 | 387,332 | ||||
| Net assets excluding pension liability | 454,469 | 387,332 | ||||
| The funds of the Charity | ||||||
| Unrestricted funds - general | 154,469 | 137,332 | ||||
| Unrestricted funds - designated | 16 | 300,000 | 250,000 | |||
| 454,469 | 387,332 |
The financial statements were approved by the Trustees on 10 February 2025
Mr L St Clair Trustee
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AYLESTONE PARK BOYS CLUB
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024
1 Accounting policies
Charity information
The charity, Aylestone Park Boys Club was awarded charitable status on the 3rd May 1984. It was formally constituted on the 14th June 1982. Its governing document was amended on the 2nd June 1994.
1.1 Accounting convention
The financial statements have been prepared in accordance with the Charity's [governing document], the Charities Act 2011, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019). The Charity is a Public Benefit Entity as defined by FRS 102.
The Charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows.
The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn.
The financial statements are prepared in sterling, which is the functional currency of the Charity. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.
1.2 Going concern
At the time of approving the financial statements, 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 to adopt the going concern basis of accounting in preparing the financial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
Endowment funds are subject to specific conditions by donors that the capital must be maintained by the Charity.
1.4 Income
Income is recognised when the Charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the Charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on receipt or otherwise if the Charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
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AYLESTONE PARK BOYS CLUB
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2024
1 Accounting policies
(Continued)
1.5 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, 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 involved in undertaking each activity. Direct costs attributable to 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 to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.
1.6 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
1.7 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 measures at their settlement value with the exception of bank loans, which are subsequently measured at amortised cost using the effective interest method.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
Basic financial liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
Derecognition of financial liabilities
Financial liabilities are derecognised when the Charity’s contractual obligations expire or are discharged or cancelled.
1.8 Employee benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
Termination benefits are recognised immediately as an expense when the Charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
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AYLESTONE PARK BOYS CLUB
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2024
2 Critical accounting estimates and judgements
In the application of the Charity’s accounting policies, the Trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
3 Income from donations and legacies
| Unrestricted | Unrestricted | |
|---|---|---|
| funds | funds | |
| 2024 | 2023 | |
| £ | £ | |
| Donations and gifts | 60,000 | 1 |
| Donations and gifts | ||
| Aylestone Park Youth & Old Boys FC | 60,000 | - |
| Other | - | 1 |
| 60,000 | 1 | |
| Grants receivable for core activities | ||
| - | - | |
| Income from charitable activities | ||
| Unrestricted | Unrestricted | |
| funds | funds | |
| 2024 | 2023 | |
| £ | £ | |
| Charitable activities | ||
| Other rental income | 4,000 | 4,000 |
4 Income from charitable activities
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AYLESTONE PARK BOYS CLUB
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2024
5 Income from investments
| Unrestricted | Unrestricted | ||||
|---|---|---|---|---|---|
| funds | funds | ||||
| 2024 | 2023 | ||||
| £ | £ | ||||
| Interest receivable | 4,337 | 1,228 | |||
| Expenditure on charitable activities | |||||
| Governance | Governance | Grants | Total | ||
| payable | |||||
| 2024 | 2023 | 2023 | 2023 | ||
| £ | £ | £ | £ | ||
| Direct costs | |||||
| Grant funding of activities (see note 7) | - | - | 32,250 | 32,250 | |
| Share of support and governance costs (see note 8) | |||||
| Governance | 1,200 | 2,400 | - | 2,400 | |
| 1,200 | 2,400 | 32,250 | 34,650 | ||
| Analysis by fund | |||||
| Unrestricted funds - general | 1,200 | 2,400 | 32,250 | 34,650 |
6 Expenditure on charitable activities
7 Grants payable
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Grants to institutions: | ||
| Aylestone Park Youth & Old Boys FC | - | 32,250 |
Aylestone Park Boys Club made a grant in the previous year ended 30 April 2023 to Aylestone Park Youth & Old Boys FC.
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AYLESTONE PARK BOYS CLUB
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2024
| 8 Support costs Support costs Governance costs £ £ Independent examiner fees - 1,200 - 1,200 Analysed between Charitable activities - 1,200 |
2024 £ 1,200 1,200 1,200 |
2023 £ 2,400 |
|---|---|---|
| 2,400 | ||
| 2,400 |
Governance costs includes payments to the independent examiner of £1,200 (2023- £2,400) for examination fees.
| 9 | Net movement in funds | 2024 | 2023 |
|---|---|---|---|
| £ | £ | ||
| The net movement in funds is stated after charging/(crediting): | |||
| Fees payable for the independent examination of the charity's financial statements | 1,200 | 2,400 |
10 Trustees
None of the Trustees (or any persons connected with them) received any remuneration or benefits from the Charity during the year.
11 Employees
The average monthly number of employees during the year was:
| 2024 | 2023 | |
|---|---|---|
| Number | Number | |
| Total | - | - |
There were no employees whose annual remuneration was more than £60,000.
12 Taxation
The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.
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AYLESTONE PARK BOYS CLUB
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2024
| 13 Debtors Amounts falling due within one year: Prepayments and accrued income 14 Creditors: amounts falling due within one year Accruals and deferred income |
2024 £ 30,000 2024 £ 1,200 |
2023 £ - |
|---|---|---|
| 2023 £ 37,050 |
15 Unrestricted funds
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used.
| At 1 May 2023 £ General unrestricted funds 137,332 137,332 Previous year: At 1 May 2022 £ General unrestricted funds 166,753 166,753 |
Income Expenditure Transfers At 30 April 2024 £ £ £ £ 68,337 (1,200) (50,000) 154,469 68,337 (1,200) (50,000) 154,469 Income Expenditure Transfers At 30 April 2023 £ £ £ £ 5,229 (34,650) - 137,332 5,229 (34,650) - 137,332 |
Income Expenditure Transfers At 30 April 2024 £ £ £ £ 68,337 (1,200) (50,000) 154,469 68,337 (1,200) (50,000) 154,469 Income Expenditure Transfers At 30 April 2023 £ £ £ £ 5,229 (34,650) - 137,332 5,229 (34,650) - 137,332 |
|---|---|---|
| 137,332 |
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AYLESTONE PARK BOYS CLUB
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2024
16 Unrestricted funds - designated
These are unrestricted funds which are material to the Charity's activities.
| At 1 May 2023 | Transfers At | 30 April 2024 | ||
|---|---|---|---|---|
| £ | £ | £ | ||
| 250,000 | 50,000 | 300,000 | ||
| Previous year: | At 1 May 2022 | Transfers At | 30 April 2023 | |
| £ | £ | £ | ||
| 250,000 | - | 250,000 | ||
| 17 | Analysis of net assets between funds | |||
| Unrestricted | Unrestricted | Total | ||
| funds | funds | |||
| general | designated | |||
| 2024 | 2024 | 2024 | ||
| £ | £ | £ | ||
| At 30 April 2024: | ||||
| Current assets/(liabilities) | 154,469 | 300,000 | 454,469 | |
| 154,469 | 300,000 | 454,469 | ||
| Unrestricted | Unrestricted | Total | ||
| funds | funds | |||
| general | designated | |||
| 2023 | 2023 | 2023 | ||
| £ | £ | £ | ||
| At 30 April 2023: | ||||
| Current assets/(liabilities) | 137,332 | 250,000 | 387,332 | |
| 137,332 | 250,000 | 387,332 |
18 Related party transactions
The Charity made one related party transaction during the year. A donation of £60,000 was paid to the Charity by Aylestone Park Youth & Old Boys Football Club.
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Signature Certificate
Reference number: QXZCO-E2JNZ-N5G4N-MFNCU
Signer
Timestamp
Signature
Luke St Clair
Email: luke.stclair@knightsbridge-estates.co.uk
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IP address: 31.94.10.55 Location: Bilston, United Kingdom
Steven Cramp
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Signature Certificate
Reference number: QXZCO-E2JNZ-N5G4N-MFNCU
Signer - Timestamp Signature ~~SS ee ee ee eee Se eee ee 8 8S ee~~
Thomas Mayfield
Email: tom@mayfieldandco.co.uk
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