**REGISTERED CHARITY NUMBER: 520073** ## **REPORT OF THE TRUSTEES AND** ## **UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025** ## **FOR** ## **EGERTON YOUTH CLUB** Connaughton & Co 1st Floor 4 Jordan Street Manchester M15 4PY ## **EGERTON YOUTH CLUB** ## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025** |||**Page**|| |---|---|---|---| |**Report of the Trustees**|1|to|2| |**Independent Examiner's Report**||3|| |**Statement of Financial Activities**||4|| |**Statement of Financial Position**||5|| |**Notes to the Financial Statements**|6|to|13| |**Detailed Statement of Financial Activities**|14|to|15| ## **EGERTON YOUTH CLUB** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025** The trustees present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of 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** ## **Objectives and aims** The objective of the charity is to maintain the land and buildings owned by the charity in order that they can be used by the youth of Knutsford and the surrounding area to pursue leisure time activities. ## **Public benefit** The trustees have given due consideration to the Charity Commission's published guidance on the Public Benefit requirement under the Charities Act 2011 and believe the activities noted above further the charity's purposes for the public benefit. ## **ACHIEVEMENTS AND PERFORMANCE** ## **Charitable activities** The charity rents out the facilities for use by various organisations including Egerton Football Club, a related charity whose aims are to provide or assist in the provision of facilities in the interest of social, recreation and other leisure time occupation of individuals who have need of such facilities by reason of their youth, age, infirmity or disability, financial hardship or social circumstances with the object of improving their conditions of life. ## **FINANCIAL REVIEW** ## **Financial position** The charity's income and expenditure is shown in the accompanying accounting statements. ## **Reserves policy** The charity's trustees position on holding reserves is that the charity will hold sufficient reserves to enable the charity to continue to provide facilities in order to fulfill the charity's objectives. ## **Going concern** There are no material uncertainties about the charity's ability to continue as a going concern. ## **FUTURE PLANS** The charity plans to continue to hold and improve the land and facilities for the benefit of the young people of Knutsford and the surrounding area. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The Egerton Boys Club was founded in 1946 by The Right Honourable Maurice, 4th Baron Egerton of Tatton. The Trust was established by Deed in 1964 by the executors of Lord Egerton's will on the basis that the income shall be applied for the benefit of continuing to help and educate boys of Knutsford through their leisure time activities. In the 1980's the Charity Commission gave approval to allow girls to use the club and to change the name. Egerton Youth Club is a purpose-built leisure and sports operation which provides facilities for the young people of Knutsford and the surrounding area to meet and take part in sport, leisure and social activities. ## **Recruitment and appointment of new trustees** The trust deed provides that the power of appointing new trustees is vested in the trustees. ## **REFERENCE AND ADMINISTRATIVE DETAILS** ## **Registered Charity number** 520073 Page 1 ## **EGERTON YOUTH CLUB** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025** **Principal address** Mereheath Lane Knutsford Cheshire WA16 6SL ## **Trustees** D R Dallimore T J O'Donnell Mrs E L Naylor ## **Independent Examiner** Vincent Connaughton Connaughton & Co 1st Floor 4 Jordan Street Manchester M15 4PY ## **Advisers** The Trust's Bankers are Royal Bank of Scotland plc, Drummond House (BK) Branch, Customer Services Centre, Drummond House, 1 Redheughs Avenue, Edinburgh, EH12 9JN. ## 27/10/2025 Approved by order of the board of trustees on ............................................. and signed on its behalf by: ## T J O'Donnell (Oct 27, 2025 13:45:04 GMT) ............................................................................... T J O'Donnell - Trustee Page 2 ## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF EGERTON YOUTH CLUB** ## **Independent examiner's report to the trustees of Egerton Youth Club** I report to the charity trustees on my examination of the accounts of Egerton Youth Club (the Trust) for the year ended 31 March 2025. ## **Responsibilities and basis of report** As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act'). I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act. ## **Independent examiner's statement** Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies. I have completed my examination. I confirm that no material 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 Trust as required by Section 130 of the Act; or 2. the accounts do not accord with those records; or 3. the accounts 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 accounts to be reached. ## V Connaughton V Connaughton (Oct 27, 2025 15:15:13 GMT) Vincent Connaughton Connaughton & Co 1st Floor 4 Jordan Street Manchester M15 4PY 27/10/2025 Date: ............................................. Page 3 ## **EGERTON YOUTH CLUB** ## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025** |Notes
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
Other trading activities
2
Investment income
3
**Total**
**EXPENDITURE ON**
Raising funds
**Charitable activities**
Football
Other
**Total**
**NET INCOME/(EXPENDITURE)**
**Transfers between funds**
16
**Net movement in funds**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**|Unrestricted
funds
£
-
28,926
250,701
279,627
290,814
2,825
300
293,939
(14,312)
(12,000)
(26,312)
1,171,038
1,144,726|Restricted
fund
£
12,000
-
-
12,000
-
-
-
-
12,000
12,000
24,000
44,000
68,000|31.3.25
Total
funds
£
12,000
28,926
250,701
291,627
290,814
2,825
300
293,939
(2,312)
-
(2,312)
1,215,038
1,212,726|31.3.24
Total
funds
£
10,000
33,685
252,494
296,179
297,428
2,836
-
300,264
(4,085)
-
(4,085)
1,219,123
1,215,038| |---|---|---|---|---| ## **CONTINUING OPERATIONS** All income and expenditure has arisen from continuing activities. The notes form part of these financial statements Page 4 ## **EGERTON YOUTH CLUB** ## **STATEMENT OF FINANCIAL POSITION 31 MARCH 2025** |Notes
**FIXED ASSETS**
Tangible assets
9
**CURRENT ASSETS**
Stocks
10
Debtors
11
Cash at bank and in hand
**CREDITORS**
Amounts falling due within one year
12
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**CREDITORS**
Amounts falling due after more than one year
13
**NET ASSETS**
**FUNDS**
16
Unrestricted funds
Restricted funds
**TOTAL FUNDS**
|Unrestricted
funds
£
1,645,314
600
23,795
25,705
50,100
(108,287)
(58,187)
1,587,127
(442,401)
1,144,726
|31.3.25
Restricted
Total
fund
funds
£
£
-
1,645,314
-
600
-
23,795
68,000
93,705
68,000
118,100
-
(108,287)
68,000
9,813
68,000
1,655,127
-
(442,401)
68,000
1,212,726
1,144,726
68,000
1,212,726

27/10/2025|31.3.24
Total
funds
£
1,693,721
600
34,822
65,119
100,541
(94,656)
5,885
1,699,606
(484,568)
1,215,038
1,171,038
44,000
1,215,038
| |---|---|---|---| The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by: T J O'Donnell (Oct 27, 2025 13:45:04 GMT) ............................................. T J O'Donnell - Trustee The notes form part of these financial statements Page 5 ## **EGERTON YOUTH CLUB** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025** ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. ## **Income** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. ## **Expenditure** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, 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 accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. ## **Tangible fixed assets** Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Freehold land & property - at varying rates on cost ## **Stocks** Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. ## **Taxation** The charity is exempt from tax on its charitable activities. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ## **Hire purchase and leasing commitments** Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease. ## **Pension costs and other post-retirement benefits** The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. Page 6 continued... ## **EGERTON YOUTH CLUB** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025** |**2.**
**OTHER TRADING ACTIVITIES**
Cafe income
**3.**
**INVESTMENT INCOME**
Ground & hall hire
House rental
**4.**
**INDEPENDENT EXAMINER'S REMUNERATION**
Fees payable to the charity's Independent Examiner
for the independent examination of the charity's
financial statements
**5.**
**TRUSTEES' REMUNERATION AND BENEFITS**
Trustees' salaries
Trustees' pension contributions||31.3.25
£
28,926
31.3.25
£
233,901
16,800
250,701||31.3.24
£
33,685
31.3.24
£
235,694
16,800
252,494| |---|---|---|---|---| |||31.3.24||31.3.23| |||£||£| |||||| |||||| |||2,500||2,200| |||||| |||31.3.25
£
36,900
2,146
39,046||31.3.24
£
36,000
2,083
38,083| The salary paid to one trustee was for work undertaken for the charity, and was not remuneration for acting as a trustee. ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024. Costs paid by one trustee on behalf of the charity have been reimbursed during the year amounting to £5,034. continued... Page 7 ## **EGERTON YOUTH CLUB** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025** ## **6. STAFF COSTS** The average monthly number of employees during the year was as follows: ||31.3.25|31.3.24| |---|---|---| |Staff|7|7| No employees received emoluments in excess of £60,000. ## **7.** |**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
Unrestricted
funds
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
-
Other trading activities
33,685
Investment income
252,494
**Total**
286,179
**EXPENDITURE ON**
Raising funds
297,428
**Charitable activities**
Football
2,836
**Total**
300,264
**NET INCOME/(EXPENDITURE)**
(14,085)
**Transfers between funds**
(22,000)
**Net movement in funds**
(36,085)
**RECONCILIATION OF FUNDS**
Total funds brought forward
1,207,123
**TOTAL FUNDS CARRIED FORWARD**
1,171,038|Restricted
fund
£
10,000
-
-
10,000
-
-
-
10,000
22,000
32,000
12,000
44,000|Total
funds
£
10,000
33,685
252,494
296,179
297,428
2,836
300,264
(4,085)
-
(4,085)
1,219,123
1,215,038| |---|---|---| continued... Page 8 ## **EGERTON YOUTH CLUB** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025** ## **8. MATERIAL ITEMS** During the year the charity received a donation from Egerton Football Club as a contribution to the purchase of a new 3G carpet amounting to £12,000 (2024 : £10,000) which is shown in the Statement of Financial Activities in the restricted fund. ## **9. TANGIBLE FIXED ASSETS** |**COST**
At 1 April 2024
Additions
Disposals
At 31 March 2025
**DEPRECIATION**
At 1 April 2024
Charge for year
Eliminated on disposal
At 31 March 2025
**NET BOOK VALUE**
At 31 March 2025
At 31 March 2024
**10.**
**STOCKS**
31.3.25
£
Stocks
600
**11.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
31.3.25
£
Trade debtors
23,780
Other debtors
15
Prepayments
-
23,795|Freehold
land &
property
£
2,091,370
5,794
(2,700)
2,094,464
397,649
52,851
(1,350)
449,150
1,645,314
1,693,721
31.3.24
£
600
31.3.24
£
34,572
-
250
34,822| |---|---| continued... Page 9 ## **EGERTON YOUTH CLUB** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025** |**12.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Bank loans and overdrafts (see note 14)
Trade creditors
Taxation and social security
Other creditors
**13.**
**CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR**
Bank loans (see note 14)
**14.**
**LOANS**
An analysis of the maturity of loans is given below:
Amounts falling due within one year on demand:
Bank loans
Amounts falling between one and two years:
Bank loans - 1-2 years
Amounts falling due between two and five years:
Bank loans - 2-5 years
Amounts falling due in more than five years:
Repayable by instalments:
Bank loans more 5 yr by instal
**15.**
**SECURED DEBTS**
The following secured debts are included within creditors:
Bank loans|31.3.25
£
43,404
42,273
8,062
14,548
108,287
31.3.25
£
442,401
31.3.25
£
43,404
46,764
170,246
225,391
31.3.25
£
485,805|31.3.24
£
42,508
35,331
6,041
10,776| |---|---|---| |||94,656| |||31.3.24
£
484,568| |||31.3.24
£
42,508| |||44,899| |||167,293| |||272,376
31.3.24
£
527,076| The bank loans are secured by a first legal charge over the assets of Egerton Youth Club. continued... Page 10 ## **EGERTON YOUTH CLUB** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025** ## **16. MOVEMENT IN FUNDS** |At 1.4.24
£
**Unrestricted funds**
General fund
1,171,038
**Restricted funds**
3G Carpet fund
44,000
**TOTAL FUNDS**
1,215,038
Net movement in funds, included in the above are as follows:
**Unrestricted funds**
General fund
**Restricted funds**
3G Carpet fund
**TOTAL FUNDS**
**Comparatives for movement in funds**
At 1.4.23
£
**Unrestricted funds**
General fund
1,207,123
**Restricted funds**
3G Carpet fund
12,000
**TOTAL FUNDS**
1,219,123||Net
movement
in funds
£
(14,312)
12,000
(2,312)
Incoming
resources
£
279,627
12,000
291,627
Net
movement
in funds
£
(14,085)
10,000
(4,085)||Transfers
between
funds
£
(12,000)
12,000
-
Resources
expended
£
(293,939)
-
(293,939)
Transfers
between
funds
£
(22,000)
22,000
-|At
31.3.25
£
1,144,726
68,000
1,212,726
Movement
in funds
£
(14,312)
12,000
(2,312)
At
31.3.24
£
1,171,038
44,000
1,215,038| |---|---|---|---|---|---| ||||||| ||||||| ||||||| continued... Page 11 ## **EGERTON YOUTH CLUB** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025** ## **16. MOVEMENT IN FUNDS - continued** Comparative net movement in funds, included in the above are as follows: |**Unrestricted funds**
General fund
**Restricted funds**
3G Carpet fund
**TOTAL FUNDS**
A current year 12 months and prior year 12 months combined position is a
At 1.4.23
£
**Unrestricted funds**
General fund
1,207,123
**Restricted funds**
3G Carpet fund
12,000
**TOTAL FUNDS**
1,219,123|Incoming
resources
£
286,179
10,000
296,179
s follows:
Net
movement
in funds
£
(28,397)
22,000
(6,397)||Resources
expended
£
(300,264)
-
(300,264)
Transfers
between
funds
£
(34,000)
34,000
-|Movement
in funds
£
(14,085)
10,000
(4,085)
At
31.3.25
£
1,144,726
68,000
1,212,726| |---|---|---|---|---| |||||| A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: |**Unrestricted funds**
General fund
**Restricted funds**
3G Carpet fund
**TOTAL FUNDS**|Incoming
resources
£
565,806
22,000
587,806|Resources
Movement
expended
in funds
£
£
(594,203)
(28,397)
-
22,000
(594,203)
(6,397)| |---|---|---| ## **Transfers between funds** The charity has transferred £12,000 (2024 : £22,000) between the general and restricted fund to match the contribution made by Egerton Football Club, a related charity, towards the estimated purchase cost of a new 3G pitch when the current one needs to be replaced in an estimated 7 years time. continued... Page 12 ## **EGERTON YOUTH CLUB** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025** ## **17. RELATED PARTY DISCLOSURES** During the year the charity received a donation and received rental income from Egerton Football Club a charity related to Egerton Youth Club due to having some common trustees. The donation is included in note 8. to the financial statement. Rental income amounted to £93,000 (2024: £87,000). During the year the charity paid wages amounting to £1,231 to relatives of the trustees. Page 13 ## **EGERTON YOUTH CLUB** ## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025** ||31.3.25|31.3.24| |---|---|---| ||£|£| |**INCOME AND ENDOWMENTS**||| |**Donations and legacies**||| |Contribution to 3G carpet|12,000|10,000| |**Other trading activities**||| |Cafe income|28,926|33,685| |**Investment income**||| |Ground & hall hire|233,901|235,694| |House rental|16,800|16,800| ||250,701|252,494| |**Total incoming resources**|291,627|296,179| |**EXPENDITURE**||| |**Raising donations and legacies**||| |Trustees' salaries|36,900|36,000| |Trustees' pension contributions|2,146|2,083| |Wages|18,427|17,273| |Land rent|3,420|3,420| |Insurance|18,335|14,498| |Heat, light & water|36,439|37,820| |Telephone|2,188|1,411| |Printing, postage, stationery & advertising|135|194| |Cafe costs|15,093|19,272| |Licences|1,180|903| |Referee fees|-|100| |Unrecovered VAT|5,871|10,364| |Miscellaneous purchases|754|219| |Maintenance & repairs|55,643|47,286| |Legal & professional|1,353|4,628| |Depreciation of tangible fixed assets|52,851|53,983| |Profit on sale of tangible fixed assets|1,350|6,400| |Bank interest|38,729|41,574| ||290,814|297,428| |**Support costs**||| |**Finance**||| |Bank charges|625|636| |**Governance costs**||| |Independent Examiners Fees|2,500|2,200| This page does not form part of the statutory financial statements Page 14 ## **EGERTON YOUTH CLUB** ## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025** ||31.3.25|31.3.24| |---|---|---| ||£|£| |Total resources expended|293,939|300,264| |**Net expenditure**|(2,312)|(4,085)| This page does not form part of the statutory financial statements Page 15 ## Egerton Youth Club - Final Accounts - 31 March 2025 Final Audit Report 2025-10-27 Created: 2025-10-27 By: Jane Long (jane.long@lacca.co.uk) Status: Signed Transaction ID: CBJCHBCAABAANUKtFSUaJaV8CRZjlG3TicAKC5lEVkyW ## "Egerton Youth Club - Final Accounts - 31 March 2025" History ## Document created by Jane Long (jane.long@lacca.co.uk) 2025-10-27 - 1:41:05 PM GMT- IP address: 195.21.69.152 Document emailed to T J O'Donnell (tomodonnell@egertonfootballclub.co.uk) for signature 2025-10-27 - 1:41:08 PM GMT ## Email viewed by T J O'Donnell (tomodonnell@egertonfootballclub.co.uk) 2025-10-27 - 1:43:54 PM GMT- IP address: 104.28.40.142 ## Document e-signed by T J O'Donnell (tomodonnell@egertonfootballclub.co.uk) Signature Date: 2025-10-27 - 1:45:04 PM GMT - Time Source: server- IP address: 217.41.45.70 ## Document emailed to V Connaughton (vpc@lacca.co.uk) for signature 2025-10-27 - 1:45:05 PM GMT ## Email viewed by V Connaughton (vpc@lacca.co.uk) 2025-10-27 - 3:14:49 PM GMT- IP address: 176.236.27.34 ## Document e-signed by V Connaughton (vpc@lacca.co.uk) Signature Date: 2025-10-27 - 3:15:13 PM GMT - Time Source: server- IP address: 176.236.27.34 ## Agreement completed. 2025-10-27 - 3:15:13 PM GMT