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2024-05-31-accounts

Northern Ireland Charity Commission Reg No. : 101331 HMRC Reg No. : XR38470

Ardstraw Football Club

Financial Statements

for the year ended 31st May 2024

Ardstraw Football Club

Legal and administrative information

Charity Commission Number

HMRC registration number

Operating Address

Registered Office

Trustees

Bankers

101331 XR38470 Douglas Road Newtownstewart Co. Tyrone BT78 4NE 1 Deerpark Newtownstewart Omagh Co. Tyrone BT78 4BY Aaron Hempton (Chairperson) William Scott Robert Dunlop Trevor Robinson Nigel Kee Gordon Kinloch Keith Gallagher Danske Bank 5 - 7 Market Street Omagh BT78 1BN

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Ardstraw Football Club

Detailed statement of financial activities

For the year ended 31st May 2024

Incoming resources
Voluntary Income
Donations
Match Day Donations
Monthly Fundraising
Christmas Fundraising
Other Fundraising
Sponsorships
Other incoming resources
Income for operational expenditure
Derry & Strabane District Council
Other grants
Income for capital expenditure
DAERA
Irish FA
Other Income
HMRC Gift Aid
Operational Income
Interest
Total incoming resources
£
£
11,089
2,760
9,921
4,540
-
4,585
32,895
3,536
2,383
5,919
-
-
-
-
845
5
850
6,769
39,664
2024
£
9,520
1,395
10,742
5,265
830
13,840
3,300
1,000
4,300
1,476
24,050
25,526
3,118
4,168
10
7,296
2023
£
41,592
37,122
78,714

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Ardstraw Football Club

Detailed statement of financial activities

For the year ended 31st May 2024

Resources Expanded
Charitable Activity Expenditure
Activities undertaken directly
Competition and Entry Costs
Match Day Costs
Hire of Facilities
Kits and Teamwear
Training Equipment
Coaching Costs
Bus Hire and Travel Costs
Repair and Maintenance of Playing Pitches
Hospitality Costs
Building and Facility Repairs
Light & Heat
Insurance
Land and Water Rates
Printing, Postage & Stationery
Equipment Repairs
Fundraising Expenditure
Dinner Dance Expenditure
Architect and Consultancy Fees
Charitable Donations
Operational Expenditure
Subscriptions
Depreciation
Total charitable activity expenditure
Governance Cost Expenditure
Accountancy
Bank Interest & Charges
Bank Loan Interest
Legal & Professional Fees
Total governance cost expenditure
Net incoming/(outgoing) resources for the year
£
£
2,916
627
670
994
1,772
1,778
-
5,395
105
200
1,535
2,070
82
1,009
355
6,510
-
-
575
846
1,020
-
(28,459)
(28,459)
-
184
372
1,800
(2,356)
(2,356)
8,850
2024
£
2,406
1,741
2,065
1,367
4,200
4,200
100
4,927
451
3,641
2,184
1,350
218
1,083
1,200
7,575
5,754
2,125
1,697
2,913
408
18,131
-
333
119
2,160
2023
£
(69,736)
(69,736)
(2,612)
(2,612)
6,366

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Ardstraw Football Club

Balance sheet as at 31st May 2024

Fixed Assets
Tangible assets
Current Assets
Cash at bank and in hand
Net assets
Current Liabilities
Bank loan
Net liabilities
Funds
General fund
Reserve fund
Total Liabilities and Fund Balance
£
£
314,948
16,808
331,756
331,756
(3,093)
(3,093)
(3,093)
324,663
4,000
328,663
2024
£
329,976
9,510
(4,644)
2023
£
339,486
339,486
(4,644)
(4,644)
330,842
4,000
334,842

I confirm these accounts were approved and confirmed by the trustee's of Ardstraw Football Club in accordance with all relative regulations and in accordance with the constitution of the orgamisation.

Signed: Position: CHAIRPERSON - AARON HEMPTON Date: 09/10/2024 In the presence of: Position: SECRETARY - WILLIAM SCOTT Date: 09/10/2024

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Ardstraw Football Club

Notes to financial statements

For the year ended 31st May 2024

Tangible fixed assets
Cost
At 1st June 2023
Additions
Disposals
Revaluation
At 31st May 2024
Depreciation
Accumulated Dep'n at 1st June 2023
Disposals
Charge for the year
Accumulated Dep'n at 31st May 2024
Net book values
NBV at 31st May 2024
NBV at 31st May 2023
Plant,
Fixtures &
Land &
Fittings
Machinery
Computer
Buildings
(15% R.B.)
(20% R.B.)
(25% S.L.) Total
240,000
112,447
53,970
458
406,875
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
240,000
112,447
53,970
458
406,875
-
53,113
23,328
458
76,899
-
-
-
-
-
-
8,900
6,128
-
15,029
-
62,013
29,456
458
91,928
240,000
50,434
24,514
-
314,948
240,000
59,333
30,643
-
329,976

Accounting Policies

Depreciation

Depreciation is calculated to write off the cost of the asset over their expected useful lives at the following annual rates:

Plant, Fixtures & Fittings 15% - on a reducing balance basis
Machinery 20% - on a reducing balance basis
Computer 25% - on a straight line basis

Note: Depreciation policies are as of 1st June 2018, the given rates were decided upon so that the accounts refelected a true and fair view for each asset classification

Note: Land and Buildings were revalued during the 2020/2021 Financial Year - this was to ensure an accurate representation and true value

Additional Notes

What our Charity Does

Ardstraw Football Club enables our local community to actively participate in sport, in doing so we promote physical wellbeing, mental wellbeing, education, integration and social cohesion. Our key objective is to provide recreational, educational and sporting opportunities for the next generation youth, whilst involving people of all ages, abilities and backgrounds from the local community. This is achieved by offering the services of qualified coaches, necessary equipment and appropriate facilities. As an organisation we do not discriminate in any way in our membership policies and are wholly open to all sections of the community. The club have a core purpose in the promotion of amateur sports participation and operate strictly on a non-profit making basis, we re-invest any profits into the sports club. Our activities aim to improve the physical and mental wellbeing of all participants,creating a progressive pathway for sustained involvement for all age groups from youth to elderly.

We also aim to combat social exclusion, deprivation, isolation and inequality among young people in our community. We also strive to build partnerships with local schools, voluntary organisations, local residents, governing bodies, government agencies and neighbouring sports clubs.

Chaity Classification

The advancement of education

The advancement of citizenship or community development

The advancement of amateur sport

How we funded our work, our achievements and performance

The figures contained within these accounts should provide the user with a detailed summary of our activities during the financial year stated.

The trustee’s annual report comments on key features of those accounts and should be used to add further analysis and detail.

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