LARNE FOOTBALL CLUB (NI)
REPORT AND FINANCIAL STATEMENTS
YEAR ENDED 31ST MARCH 2024
Company Reglstration No: Nl 623433
Charitles Commlsslon Nl No: 101698
TMCD Accountsnc
Practice
Chartered Accountants
35 Ballylough Road Donaghcloney
BT66 7PQ

LARNE FOOTBALL CLUB (NI)
FINANCIAL STATEMENTS
YEAR ENDED 31ST MARCH 2024
CONTENTS
PAGES
Officers and professional advisers
Directors, report
Accountants, report
ststement of financial activities
Balan￿ sheet
Notes to the financial statements

LARNE FOOTBALL CLUB (NI)
OFFICERS AND PROFESSIONAL ADVISERS
Commlttee of Management - Directors
G Humphrey
JB Mccammon
B McRandall
J McKinsty
D Neil
MA Wilkinson
Registered offica
Inver Park
Inver Road
Larne
Co Antrim
BT40 3BW
Accountants
TMCD Accountancy Practice
Chartered Accountants
35 Ballylough Road
Donaghcloney
BT66 7PQ

LARNE FOOTBALL CLUB (NI)
DIRECTORS, REPORT
YEAR ENDED 31ST MARCH 2024
The Directors have pleasure in presenting their report and the financial statements of the
company for the year ended 31st March 2024.
PRINCIPAL ACTniiTIES AND BUSINESS REVIEW
Our Aims and Objectives
Larne Football Club Nl promotes community participation in healthy recreation as well as
social development of the players and their families by providing facilities for the playing of
Association Football for the residents of Lame and its environs. Provide and assist in
providing facilities for sport, recreation or other leisure-time occupation of such persons who
have need for such facilities by reason of their youth. age, infimity or disablement, poverty or
social and economic circumstances or for the public at large in the interests of social welfare.
Public Benefit: We do this through providing a range of activities which meet the needs of
local communities including coaching and playing of amateur football, organisation of
activities which promote health and wellbeing and positive mentsl health. We engage with
people from disadvantaged communities and communities with higher levels of poverty and
encourage them to use our facilities at Inver Park, bringing people together and tackling
sectarianism and racism. contributing to a stronger civic society. The benefit of these
objectives and activities is improved health and wellbeing in people who participate,
improved skills and knowledge and Improved confidence and self-esteem, contributing
towards a better quality of lrfe. The activities also benefit the wider community by bringing
people together from different areas impacted on by povety, promoting better community
relations and social cohesion. Harm: Potential harm caused by our activities would include
injury through participating in recreation activities such as amateur football coaching that
were not properly organised. Similarly, potential harm may come from our premises and
stadium if they are not properly maintalned and could injure members of the public. However,
the risk of such ham arising is rare and the risk of any hami arising is outweighed by the
overall benefit to the public. Purposes: Advance the education of children and young people
through such means as the Directors think fit in accordance with the law of charity. Public
Benefit: We achieve this purposes through delivering education programmes such as those
involving arts, crafts and music for disadvantaged children and young people. These bring a
range of benefits to children and young people including, improving participation in
education. improving skills and knowledge. increasing participation in society and improving
confidence and self esteem. Potential Ham: Potential harm from our activities may come
from using equipment that Is unsafe or undertaking activities in premises that are not fit for
purpose or using tutors and volunteers who are unskilled. However, the risk of such harm
arising is rare and the risk of any harm arising is Ou￿elghed by the overall benefit to the
public.
This report has been prepared in accordance with the special provisions for small companies
under Part 15 of the Companies Act 2006.
By order of the board
Trustee
Date:

INDEPENDENT ACCOUNTANTS, REPORT TO THE MEMBERS OF
LARNE FOOTBALL CLUB (NI)
YEAR ENDED 31ST MARCH 2024
We report to the trustees on our examination of the accounts of Lame Football Club (Nl) for
the year ended 31 March 2024.
Respective responsibilltles of charity directors and examinar:
As the charity directors you are responsible for the preparation of th8 accounts in
accordance with the requirements of the Companies Act 2006. Having satisfied ourselves
that the charity is not subject to audit under company law, and is eligi ble for independent
examination, it is our responsibility to;
examine the accounts under section 65 of the Charities Act 2008",
follow the procedures laid down in the general directions given by the Charity
Commission for Northem Ireland under section 65(9}(b) of the Charities Act 2008.
state whether particular matters have come to our attention.
Basls of Independent examinerfs report
We have examined your charity accounts as required under section 65 of the Charities
Act and our examination was carried out in accordance with the general d irections
given by the Charity Commission for No1thern Ireland under Section 65(9)(b) of the
Charities Act. The examination induded a review of the accounting records kept by the
charity and a comparison of the accounts presented with those records. It also included
a consideration of any unusual items or disclosures in the accounts, and seeking
explanations from you as charity directors concerning any such matters.
Our role is to state whether any material matters have come to our attention giving us cause
to believe:
- that accounting records were not kept in accordance with section 386 of the Companies
Act 2006"
- that the accounts do not accord with thos8 accounting records"
that the accounts do not comply with the accounting requirements of the Sedion 396
of the Companies Act 2006 and the methods and principles of the 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.
- that there is further information needed for proper understsnding.
Independent examiner's statement
We have completed our examination and have no concerns In respect of the matters
listed above and, in connection with following the directions of the Charity Commission
for Northern Ireland, we have found no matters that require drawing to your attention.
TMCD Accountancy Practice
Chartered Accountsnts
35 Ballylough Road
Donaghcloney
BT66 7PQ
Date:

LARNE FOOTBALL CLUB (NI)
STATEMENT OF FINANCIAL ACTIVITIES
YEAR ENDED 31ST MARCH 2024
2024
Restricted
2023
Total
Unrestrlcted
Total
Incomlng Resources
Donations
Rent Income
Release of grant
39.206
(98,559)
9,643
39,206
(98.559)
9,643
445.551
54,390
6.648
(49,710)
(49,710)
506,588
Resources Expended
Office costs
Legal and professional fees
Donations
Upkeep and maintenan
Depreciation
Loan interest
489
6,350
27,392
2.731
81,695
744
489
6,350
27,392
2,731
81,695
744
4,307
13,647
21,512
495
75,304
1,743
119,401
119,401
117,008
Surplus (deflclt) for the year
(169,111)
{169,111)
389,581
Balance brought forward
3,038,768
193,374
3,232,142
2,842,561
Balance carried forward
2,869,657
193,374
3,063,031
3,232,142
All of the company's activities are classed as continuing.
Movements on reserves and all recognised gains and losses are shown above.

LARNE FOOTBALL CLUB (NI)
BALANCE SHEET
AT 31ST MARCH 2024
2024
2023
Notss
FIXED ASSETS
Tangible fixed assets
3,123,186
3,123,186
CURRENT ASSETS
Debtors
Bank and cash balances
7,733
53,112
148,695
43,491
60.845
192,186
CURRENT LIABIUTIES
Creditors
25,957
30,419
NET CURRENT ASSErs
34.888
161,767
3,158,074
3,316.778
LONG TERM LIABILITIES
95.043
84.636
TOTAL ASSETS LESS LIABILITIES
3,063,031
3,232,142
RESERVES
Unrestricted reserves
Restricted reserves
2,869,657
193,374
3,038,768
193,374
Reserves
3,063,031
3,232,142
Th8se financial statements have be8n prepared in accordance with the special provisions for
small companies under Part 15 of the Companies Act 2006 and in accordance with the
Financial Reporting Standard for Smaller Entities.
These f nancial statements were approved by the trustees on the
signed on their behalf by:
and are
Trustee <
Trustee

LARNE FOOTBALL CLUB (NI)
FINANCIAL STATEMENTS
YEAR ENDED 31ST MARCH 2024
ACCOUNTING POLICIES
(a) Basls of accounting
The charity constitutes a public benefit entty as defined by FRS 102. The financial
statements are prepared on the going con￿rn basis and under the historical cost
convention, follow the recommendations in Statement of Recommended Practice:
Accounting by Charities and in accordance with FRS 102. The reporting currency is
Sterling.
(b) Incoming resources
Income from grants and donations is included in full in the Statement of Financial
Activities when receivable. Other income is credited to incoming resour￿ on an
accruals basis.
(c) Tanglble fixed assets
The cost of tangible fixed assets is their purchase cost together with any incidental
costs of acquisition.
Depreciation is calculated to write off the cost of tangible
fixed assets, less their estimated residual values, on a straight line basis over the
expected useful economic lives of the assets concemed. The principal annual rate
used for this purpose is:
Land
Buildings and grounds
Plant and fixtures
Nil°/o
29/0 p-a.
100A p.a.
(d) Grants
Capitsl grants are recognised as a long temi creditor and released to the income
and expenditure account over the same estimated useful life as the asset to which
it relates is depreciated. The principal annual rate used for this purpose is..
Plant and fixtures
10Yo p.a.

LARNE FOOTBALL CLUB (NI)
FINANCIAL STATEMENTS
YEAR ENDED 31ST MARCH 2024
2. TANGIBLE FIXED ASSETS
Plant &
fixtures
Buildings
& grounds
Land
Total
Cost
At 1 April 2023
Additions
208.877
207,184
2.990.511
49,870
3,406,572
49,870
At 31 March 2024
208,877
207,184
3,040,381
3,456,442
Depreciatlon
At 1 April 2023
Charge for year
30,121
20,888
221 ,440
60,807
251,561
81.695
At 31 March 2024
51,009
282,247
333,256
Net book valuo
At 31 March 2024
157,868
207.184
2,758,134
3,123,186
At 31 March 2023
178,756
207,184
2,769,071
3,155.011
DEBTORS
2024
2023
Prepayments and accrued income
Other debtors
7,488
245
145.000
3,695
148.695
148,695

LARNE FOOTBALL CLUB (NI)
FINANCIAL STATEMENTS
YEAR ENDED 31ST MARCH 2024
CREDITORS
2024
2023
Amounts falling due within one year:
Accruals and deferred income
Other creditors
3,100
22,857
25,957
25.500
4,919
30,419
Amounts falling due after one year:
Loan
Grants (see below)
24,103
70,940
95,043
34,003
50,633
84,636
Grant:
Balance forward
Received during the year
Released
50.633
29,950
(9,643)
70,940
30,266
27,015
{6,648}
50.633
Net book value
ANALYSIS OF NET ASSETS BEfwEEN FUNDS
Restricted
Unrestricted
Total
Tangible fixed assets
Net current assets
Long tenn liabilities
Net assets at 31 March 2024
3,123,186
(158,486)
(95.043}
2,869,657
3,123,186
34.888
(95,043)
3,063,031
193,374
193,374
RELATED PARTY TRANSACTIONS
No transactions with related parties were undertaken such as are required to be disclosed
under Financial Reporting Stsndard 8.
7. LIABILITY OF MEMBERS
Larne Football Club (Nl) is a company limited by guarantee and does not have a share
capital.