**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 1 ## **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**| |---|---|---|---| 2 **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**| |---|---|---|---| 3 ## **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 4 **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. 5