Charity No. NIC100266 Tristar FC Financial Statements for the year ended 31st December 2022
Tristar FC Contents Page Trustees & other infomation Trustees, Annual Report Independent Examiner's Report Statement of Receipts & Payments Statement of Assets & Liabilites
Tristar FC Trustees and other information Trustees Gregory Parke Karen Doran Brian Tiernan Shaun Condren Charity number 100266 Principal Address 53 Cashelmore Park Derry BT48 ORU Bankers HSBC 12-14 The Diamond Deny BT48 6HW
Tristar FC Trustees, Annual Report for the year ended 31 December 2022 The trustees present their report and the financial statements for the year ended 31 December 2022. The trustees who served during the yvar and up to the date of this report are set out on page l. The accounts have been prepared on the receipts and payments basis. Structure The organisation is an unincory)orated association registered as a charity by the NI Charities Commission in August 2014 (registration number NICI 00266). The Trnsts governing document is its Constitution adopted on 21 December 2013. Objectives and Activities The objective of the charity is to provide quality, voluntary, professional football coaching for the kids of all ages from 5 to senior levels. Tristar FC develops players in a positive, development based environment. The scope of Tristar FC provides players thc best opportunity to develop as footballers and as people During the year the club provided weekly football coaching sessions to all age groups along with providing the opportunity to participate in competitive football toumaments in furtherance of the above objective. Financial Review Total income is up on last year by £32,707. The main variances in comparison with last year FundraisintyDonations are up on last year by £1,308.. The amount of £1,300 was received from DCFC for player development during the Sundry income was received during the year from University of Ulster for the promotion of the Club at Magee. Membership Fees of £72,429 have been disbursed by payments for pitch hire, training fees, insurance/affiliation fees and gear equipment. Total expenditure for the year is up on last year by £22,593. The main variances in comparison with last year are: There were no expenses relating to trips this year. Pitch Hire & Training monies are up on last year by £16,773 as the reduction in training due to the impact of COVID for the first quarter of 2021. Tournament Fees are up by £3,00 I with the reintroduction of the Foyle Cup tournament this year after COVID" A new grant facilitator was engaged to source grant applications on behalf of the Club. It is expected that this expenditure will generate a significant income to assist with the purchase a site of land for the development of pitches/training
Tristar FC Trustees, Annual Report for the year ended 31 December 2022 2022 has been another successful year With a surplus of £23,325 being transferred to reserves. The financial position of the Club continues to strengthen with total reserves of £136,300. As stated in previous years, the aim as a club is not to exist for the Primary purpose of making a profit but to further the interest of our members. The Club's principal objective still remains to purchase a site of land for the development of pitches/training OUnd and a club house in the future. The Club acknowledges that the purpose of these reserves is not intended for covering operational expenses as it would be expected that all costs would be met as and Trustees, Statement of Compliance In setting our objectives and planning our activities for the year the trustees have given careful consideration to the Charity Commission for Northern Ireland's guidance on public benefit to ensure that the activities have helped to achieve the charitys purposes and provide a benefit to the beneficiaries. This report was approved by the Trustees and signed below on its behalf by: Gregory Parke DATE: l February 2023
Tristar Boys, FC Independent Examiner's Report to the Charity Trustees of Tristar FC I rq)ort on the accounts of the club for the year ended 31 December 2022, which are set out on pages 6 to 7. Respective responsibilities of Charity Trustees and Examiner As the charity's trustees you are responsible for the preparation of the accounts in accordance with the Charities Act (Northern Ireland) 2008. It is my responsibility to: examine the accounts under section 65 of the Charities Act follow the procedures laid down in the general Directions given by the Commission under section 65(9)(b) of the Charities Act state whether particular matters have come to our attention. Basis of Independent Examiner's Report I have examined your charity accounts as required under section 65 of the Charities Act and my examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charities Act. My examination included a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also included consideration of any unusual items or discIosures in the accounts, and seeking explanations from you as charity trustees concerning any such matters. My role is to state whether any material matters have come to my attention giving me cause to believe: l. That accounting records were not kept in accordance with section 63 of the Charities Act 2. That the accounts do not accord with those accounting records 3. That the accounts do not comply with the accounting requirements of the Charities Act 4. That there is further infonnation needed for a proper understanding of the accounts to be reached.
Tristar FC Independent Examiner's Statement I have completed my examination and have no concerns in respect of the matters ( l ) to (4) listed above and, in connection with following the Directions of the Charity Commission for Northern Ireland, I have found no matters that require drawing to your attention. artered Accounta 28-32 Clarendon Street Derry BT48 7ET DATE: l November 2024
Tristar FC Statement of Receipts and Payments for the year ended 31st December 2022 2022 2021 Receipts Fundraising & Donations Trips Membership Fees Athnin Costs Transport Gear & Equipment Bank Interest Received Player Development Grants Tournament Fees / Sponsor Sundry 2,055 747 3,040 42,228 21 72,429 824 123 1,300 1,000 520 1,000 500 79,251 46,544 Payments Fundraising & Donations Trips Pitch Hire & Training Monies Admin Costs Training Gear & Kits Coaching Courses Bereavement Expenses D & D Events Tournament Fees Sundry Bank Charges Grant expenses Transport Vehicle Costs 1,867 50 4,017 20,813 369 3,915 1,940 120 37,586 4,867 4,508 60 732 3,807 440 134 240 91 1,595 806 78 1,222 55,926 33,333 Surplus l O)eficit) for the Period 23,325 13,211
Tristar FC Statement of Assets and Liabilities as at 31st December 2022 2022 2021 Fixed Assets Vehicle 9,600 9,600 Current Assets Cash at Bank & in Hand 126,700 103,375 136,300 112,975 Net Assets 136,300 112,975 Reserves Brought forward Surplus / (Deficit) for the Period 112,975 23,325 99,764 13,211 Total Reserves 136,300 112,975 Approved by the Trustees on l February 2023and S1cd on their behalf by: Gregory Parke