Charity Registration No. XR60594 Company Registration No. N1042517 (Northem Ireland) CLUB UNITED ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YeAR ENDED 31 AUGUST2Q19
CLUB UNITED CONTENTS Pag• Charity information Trustees. report Independent examinerfs report Statement of finartcAal activities Balance sheet Notes to the accounts 8-17
CLUB UNITED LEGAL AND ADMINISTRATIVE INFORMATION Trustses Mrs Naomi Cooke Mrs Felicia Killen Miss Marie Simpson Miss WhY£ney Neely Miss Jenny O'Donnell Miss Sandra Stewart {Appointed 29 March 20191 (Appointed 28 March 2019} (Appointed 3 September 2019) Miss Elisha Thompson Miss S Glasgow Sècretary Miss Sandra Stewart Charity number XR60594 Company number N1042517 Registered office Club United - Unit 1 Glendermott Valley Business Park, Church Brae Londonderry BT47 3QR Independent examinèr Moore INI) LLP 21123 Clarendon Street Dery BT48 7EP Bankèrs Danske Bank 27 Glenshane Rd Londondery BT47 2LN
CLUB UNITED TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 AUGUST 2019 The Trustees present their report and financial statements for the year ended 31 August 2019. The accounts have been preparècl in ac¢ordanee with the accounting policies set out in note 1 to the accounts and comply witri the charity's Memorandum and Articles of Association. the Companies Act 2006 8nd 'Accounting and Reporting by Charities.. Statement of Recommended Practi applicable lo charities preparing their accounts in accordance with the Financial Reporting Stsndard applicable in the UK Republic of Ireland IFRS 102). las amended for accounting pertods commencing from 1 January 20161 Objectives and activities The principal objective of the club is the prowsion of childcare facilities, after school clubs and summer schemes. The Trustees have paid due regard lo guidance ISSU by the Charity Commission in deuding what activities the charity should undertake. Public Benefit The objectives of the Trust are as listed. The Trust has considered the UK Chaty Commission's guidance on public benefit and plans lo ensure that it provides public benefit ancl achieves its objectives as set out in the Trust's Mernorandum and Arttdes ofAssocialion. The trustees gNe careful consideration to accessibility for all without discrirninalion on grounds of politi¢s, religion, race, social or economi¢ background. A¢hievÈments and perfomiance During the year Club United has provide(J appropriate childcare fa¢ilities on a daily basis for children aged between 4 and 12 years old. The Ca is provided for all children regardless of religion, culture race or means. The dub operated on a ¢haritable non-trading basis. We have worked alongside parents and carèrs to ensure they were involved in the planning of activities to ensure the best interests of the children were catered for as well as offering numerous play opportunities for them. We planned and organised activities, trips and workshops in rdation to different cultLJres and beliefs to ensure that each child was catered for. We provided a summer scheme over the months of July and August where children gol the opportunity to lake part in the fun nd stimulating actwities planned. This project included workshops and outings for the children to attend which gave opportunity for them to explore and leam from different cultures and beliefs. The obje¢tive of the project was to educate and inform children of the benefrts of cultural diversity. It also prowded opportunity for children to play together in a neutral environment and build lasting friendships with pe8 from dNfferent religious and cultural backgrounds whilst hav*ng fun. Club Unf(ed studied the needs of chIldn within the setttng and with the experience and knoedge of our qualrfied staff we Cognised the nèeds of children and families within our local communities. We have provided a safe, caring and stimLJlating environment for the chil(Iren to attend whilst giving parents and carers the opportunity to return to work or training by providing these services at an affordable cost. Financial review The results for the year are set out on page 7. Total incoming resources for the y98r were £76,657 of which 29% was generated from grants. Total resources expended were £83,487 of which 90% was expended on direct actiwties.
CLUB UNITED TRUSTEES, REPORT (CONTINUED)(INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 AUGUST 2019 Reserves Policy The Tmsl aims to continue lo increase reseN88 to ensure the stability of programmes. employment and everyday operations of the organisation. The Trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mrtigate exposure to the major risks. Going Concem Having reviewed the TTusVs fore$1S, the trusteès hava a reasonablè èxpectation that the TnJ¥t has adequate resources lo continue in operational existence for the foreseeable ftjture. The principal fa¢tors underfying this judgement include.. Current levels of financial perfomlance by comparison with budgeted expectations- Continuing support from the funders Aecordingly, Trust continues to adopt the going concem basis of accounting in preparing the annual financial ststÈrnenls. Structure. governance and management Goveming Document Club United is govemed by its Memorandum arKt Articles of AssoaatSon dated 8th February 2002. The Trust is a Charitable company limited by guarantee and accepted as a Charity by HM Revenue and Customs under reference XR60594. The Trustees, who are also the directors for the purpose of company law, and who served during the year and up lo the dale of signature of the financial statements were.. Mr Darren Kirk Mrs Valeriè rk (Resigned 30 November 20181 Miss Nickie Cury {Resigned 3() NOVemr 20181 Miss Stephanie Ward (Resigned 4 September 20181 Mrs Naomi Cooke (Resigned 19 April 20191 Mrs Feliaa Killen Mrs Carolinè Dalton Mrs Georgina James Mis$ Marie Simpson Miss Natasha Devonshire Mi$5 Whitney Neely Miss Jenny O'Donnell Miss Sandra Stewart Miss Elisha Thompson Miss S Glasgow Miss R Bond {Resigned 9April 2019) (Resigned 1 April 20191 (Resigned 31 March 20191 (Appointed 29 March 20191 (Appointed 28 March 20191 IAppointed 3 September 20791 (Resigned 2 September 20181 Appointment of Trustees The Charity Tnjstees are also Directors of the company. A Trustee is initially elected by the Board in accordance wtth the Memorandum and Articles ofAssociation.
CLUB UNITED TRUSTEES. REPORT {CONTINUED)(INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 AUGUST 2019 Risk Management The charity has developed a Risk Management Policy in relation to welfare and protection of the children who are members of the club. A Corporate Financial Risk Register is being drawn up to priorilise the risks requirin9 action. Risk Registers will be reviewed and updated on a regular basis or as soon as a potential risk is idenb'fied. Analysis for each risk will be detaileil in the Risk Register togettier with the controls currenlly in place to mitigate the risk and the fijrther actions reouired to rninimise the risk. Organisation The Board of Trustees which administers the Trust meets on a monthly basis. Trustee Induction I new trustees are given an induction and provided with relevant documentation. Statement of Trvstees. responsibilitie5 The Trust8es, who are also the directors of Club United for the purpose of company law. are responsible ft)r preparing the Trustees, Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards {United Kingdom GenerallyAccepted Accgunting Practice}. Company Law requires the Trustees to prepare financial statements for each financial year which gNe a true and fair wew of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure. of the charitsble company for that year. In preparing these financial statements. the Trustees are required to: select suitable accounting poliaes and then apply them consistently., observe the methods and principles in the Charities SORP- make judgements and estimates that are reasonable and prudent. and prepare the financial statements on the going coneem basis unless it is inappropriate to presumè that the charity will continue in operation. The Trustees are responsible for keeping adequate accounting records that disclose with reasonable accur8¢y at any lime the financial position of the charity and enablè them to ensure that the financial statements ¢ornply with the Companies Act 2006. They are also responsible for safeguarding thé assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The Trustees, report was approved by the Board of Trustees. Miss Jenny O'Donnell Trustee Dated= 11 August 2020 Mis$ Sandra Stewart Trustee Dated.-11AugLlSt 2020
CLUB UNITED INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CLUB UNITED I report to the Tnjstees on my examination of the finanaal statements of Club United Ilhe Charity) for the year ended 31 August 2019. Responsibillties and basis of report As the Trustees of the charity land also its directors for the purposes of company lawl you are responsible for the preparation of the financial statements in accordance with the qUIreMents of the Companies Act 2006 (the 2006 Actl- Having satisfied myself that the financial ststemenls of the charity are not required to be audited under Part 16 of the 2006 Act and are eligible for indepèndent examination, I report in respect of my examination of the charity's financial statements carried out under section 145 of the Charities Act 2011 {the 2011 Actl. In Cang out my examination I have followed all the applicable Directions given by the Charity Commisston under section 145151{bl of the 2011 Act. Indèpendent •xaminerfs statement I have completed my examination. I conffim that no matters have lo my attention in connection with the examination giving me cause to believe that in any material respect.. accounting records were not kept in respe¢t of the charity as required by section 386 of the 2006 Act., or the financial statements do not accord with those records.. or the financial statements do not comply w(th the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view whieh is not a matter consrdered as part of an independent examination,. or the financial statements have not been prepared in accordance with the methods and principles of the Statement of RÈcomrnended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Finar5cial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102). I have no concems 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 underStaring of Ihe finanGial statements lo be reached. Moore INI} L 21123 Claren Derry BT48 7EP on Street Dated- 11 August 2020
CLUB UNITED STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 AUGUST 2019 Unrestricted Restricted funds funds 2019 2019 Total Totsl 2019 2018 come d endo ents Donations and leg8¢ies Charitable activities Other trading activities Other incoff om: 2,335 56,666 66,864 115 3.478 6,200 73.064 115 3A78 27,815 Totsl incom• 70,457 6,200 76.657 88,816 ndi Charitable activits'es 77289 6.200 83.489 77,931 other 11 15,326 Totsl resources expended 77,289 6,200 83,489 93,257 Net expenditure for the yearl Net movement in funds 16.832) 16,8321 16,4411 Fund Wances al 1 Sèptember 2018 26,642 26.642 33,083 Fund balanees at 31 August 2019 19.810 19,810 26.642 The statement of financial activities includes all gains and losses recognised in the year. Al income and expenditure derive from continuing activities. The statement of financial activities also complies wtth the requirements for an income and expenditure account under the Companies A¢t 2006.
CLUB UNITED BALANCE SHEET ASAT31 AUGUST 2019 2019 2018 Notes Flxed assets Tangible assets Current assèts Debtors Cash at bank and in hand 12 14.361 16,067 14 10,669 4,105 5,289 11,672 Creditors: amounts falling due withln one year 14,774 16,961 15 19.325) (6.386) Net current assets 10.575 Total a$$ets less eurrent Ilabilitio$ 19.810 26.642 Income funds Unrestricted funds- general 19.810 26,642 19.810 26,642 The company is entilled to the exemption from the audit requirement contsined in section 477 of the Companies Act 2006, for the year ended 31 August 2019. No member of the company has deposited a notice, pursuant to section 476, requiring an audit of these a¢¢x)unts. The Trustees acknowlèdges her responsibiliti8s for ensuring that the charrty keeps accounting records which comply with section 386 of the Act and for preparing financial stal8ments whlch give a true and fair view of the stsle of a1r$ of the company as at the end of the financial year and of ils incoming resources and application of resources, including its income and expenditure. for the finan¢ial year in aordanCe with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating lo finandal stslemants, $0 far as applicable to the company. The members have not required the company to obtain an audit of its financial statements for the year in qutrstion in accordance with section 476. These financial slalements have been prepared in accordance Mth the provisions appli(3ble to companies subject lo the small MPanieS Tegime. The financial statements were approved by the Trustees on 11 August 2020 Miss Jenny O'Donnell Trustee hAiss Sandra Stewart us ompany Registration No. N1042517
CLUB UNITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGusf 2019 Accounting policios Charity infomiation Club United is a private company limited by guarantèe incorporatèd in Northern Ireland. The regisleretl office is . Club Unrted - Unit 1, Glendemott Valley Business Park, Churth Brae, Londonderry, BT47 3QR. 1.1 Ac¢ountrng convention The aco)unts have been prepared in accordan wth the charity's Memorandum and Articles of As50ciatK>n, the Companies A¢t 2006 and -Accounting and Reporb"ng by Charrf(ies.' Ststement of Recommended Practice applicable to charib.es preparing their accounts in accordance with the Financial Repong Standard applicable in the UK and Republic of Ireland IFRS 1021" {as amended for accounting periods commencing from 1 January 20161. The charity is a Public Benefit Entity as defined by FRS 102. The charity has tsken advantsge of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Ststement of Cash Fli)ws. The financi81 statements are prepared in sterting, which is the functional currency of the charity. Monetsry amounts in these financial statements are rounded to the nearest £. The accounts have been prepared under the historical cost C4Jnvention. The prinripal accounting policies adopted are set out below. 1.2 Going concern At the time of approving the financial stslements. the Trustees have a reasonable expectslion that the charity has adeqLtate resoLJrces to continue in operational existence for the foreseeable futtjre. Thus the Trustees continue to adopt the going concern basis of aUnting in preparing the fjnancial statements. 1.3 Charitable funds Unrestricted fvnds are available for use al the di%cretion of the Trustees in furtheranco of their Charitable objectives unless the funds havè been designatèd for other purposes. Designated fvnds are unrestricted funds set aside al the discretion of tre trustees for specific purposes. The designated funds for fjxed assets is th8t part of unrestrcted funds that represents fixed assets held. Restri¢ted funds are subject lo specific condits'ons by donors as to how they may be us8d. The purposes and uses of the restricted funds are set out in the notes to the financial statements. 1.4 Incoming resources Income is COgnIsed when the charity is legally entitled to il after any performance conditions have bèen mel. the amounts can be measured reliabty, and it is probable that in¢x)me will be received. Cash donation$ are re¢ognised on CeiPt. Other donations are recognised once the charity has been notified of the donation, unless performanee condrftions require déferral of the amount. Income tsx rewverable in relab.on to donations reiVed under Gift Aid or deeds of covgnant is recognised at the time of the donation. Legaaes a recognised on elp1 or otherwise rf the charity has been notified of an ifflpending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a conlingenl asset. 1.5 Rèsourcès expended Expenditurè is recognised once there is a legal or constructive obligation to make a payment lo a third party. il is probable that settlement will be required and the amount of the obligath'on ean be measured reliably. Irrecoverable VAT is char9èLY as a cost a9ainst the a¢tivity for which the expenditure w8s incurd.
CLUB UNITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED FOR THE YEAR ENDED 31 AUGUST 2019 Accounting policies (Continued) Expenditure on charitable activities includes the costs of seNces undertaken to further the purposes of the arity and their associated support costs. 1.6 Tangible fixed assets Tangible iixed assets are initially measured at cost and subsequentty measured at cost or valuation. net of depreciats'on and any irnpaim)ent losses. Deprecialion is recognised so as to write off the cost or valualion of assets less their SidUal values over their useful lives on the following bases.. Leasehold improvements Fixtures and ffttings 10% straight line 10% straight line The gain or loss arising on the disposal of an asset is detemiined as the dtfference bel%Yeen the salg proceeds and the carrying value of the asso1, and is recognised in net incomellexpenditurel for the year. 1.7 Impairrnent of fixed assets At each reporting end date, the ¢harrty reviews the carrying amounts of Yts tangible assets to determine whether there is any indication that th¢)se assets have suffered an impaimient Ios5. If any SUGh indication exists, the recoverable amount of the 8ssel is estimated in ord8r to dètermine th8 extent of the irnpairment loss lif any). 1.8 Cash and cash èqu4valÈnts Cash and cash equivalents indude cash in hand and bank overdrafts. Bank overdrafts are shown within l)orrowings in current liabilrfEie$. 1.9 Financtal Instrurnonts The Charity h8s electèd lo apply the provisions of Section 11 '88sic Finat)cial Instrum8nts' and Section 12 'Olher Financial Instruments Issues, of FRS 102 to all of its financial instruments. Financial instruments are re¢ognised in the charity's balance sheet when the charity becomes paty to the contractual provssions of the instrument. Financial assets and liabilities are offset. with the net amounts presented in the financial statéments, when there is a legally enforceable right to set off the recognised amounts and there is an intention to setde on a net basis or to realise the asset and setde the liability simuttaneously. Basic financial assets Basic financial assets, which Indude debtors and $h and bank balan$. arè initially measured at transaction price includTng transaction costs and are subsequently carried at amorbsèd cost using thè effective interest method unless the arrangement constitutas a financing transaction, where the transaction is measured at the present value of the future receipts diuted at a market rate of interest. Fir+ancial assets classffied as receivable within one year are not amoTtisert.
CLUB UNITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST2019 Accounting policies (Continued) Basic r Inaneial liabilities Basic financial liabilities, induding creditors and bank loans are initially recognised at transaction pri unless the arrangement constitutes a financing tran$actson, where the debt instnjmenl is measkjred at the present value of the future payrnents discounted at a market rate of interest. Financial liabTlities classrfied as payable wilhin one year are not amortised. Debt instwments are subsequently carried at amortised cosL using Ihe effective interest rate method. Trade creditors are obligations to pay for goods or seNices that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities rf paymènt is due within one year or less. If not, they are presented as non-currenl liabilities. Trade creditors ara recognised initially at transaction price and subsequenuy measured at amofbsed txst using the effedve interest rnethod. Derecognition of financial liabilities Financial liabilities are derecognised when Ihe ¢haritys corrtractual obligations expire or are discharged or cancelled. 1.10 Employv benefits The cost of any unused holiday entiljemenl is recognised in the period in which the employee's services are received. Termination benefits are CogniSed immediately as an trxpense when the charity is demonstrably committed lo terminate the employment of an employee or lo provide terrnination benefits. 1.11 Rètirement benèfits Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due. Critical a¢¢ounting estimat•s and judgèments In the application of the charity's accounting poli¢ies, the Trustees are required to make judgements, estimates and asstjmptions about thè carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and assooated assumptions a based on historical experience and otè)er factors th813re considered to be relevant. Actual resutts may drffer from these estimates. The estimates and Undertng assumptions are reviewed on an ongoing basis. Revksions to accounting estimates are recognised in the period in which the estimaté is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods. Donations and legaci•s Unrestricted funds general 2019 Total 2018 Donations and gifts 2,335 10-
CLUB UNITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2019 Donations and legacl•s (Continued} Donations and gifts Caw Community Group DCSDC Foyle Camera Club Other 750 1,000 535 50 2,335 Charitable activitlès 2019 2018 Fee in¢orne Perfomance related grants 50.664 22.400 38.266 18,400 73,064 56.666 Analysis by fund Unrestricted funds- general Restricted funds 66,864 6.200 73.064 For the year endèd 31 Au9U$t 2018 Unrestricted funds- general Restricted fiJnds 54,466 2,200 56,666 Perfomiance related grants Comrnunity Foundation Nl HSCB l Brightslart Waterside Neighbourhood Partnership National Lottery Fu7nd Other 2,000 16,200 200 16,200 6.200 22,400 18,400
CLUB UNITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2019 (Xher trading activities Unrestrictèd fund$ general 2019 Total 2018 Fundraising events 115 Other incom• Unrestrictsd fund5 general 2019 Totsl 2018 Other income 3,478 27,815 12-
CLUB UNITED NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2019 Charitable activitiès 2019 2018 Staff costs DepreciatiDn and impairment staff training Rent & Rates Light & Heat Cleaning Repairs & Maintenance Printing, Postage & Stslionery Advertising Telephone Travel Exp&nses Activities Bank Charges & Interest Sundry Expenses 58.962 1,706 1.105 7,935 1.490 327 960 1.390 119 1.108 54.722 985 1,058 2,097 4,083 455 1,673 789 303 1,119 3,160 186 2.638 4,970 121 3,189 81.093 75,571 Share of govemance ¢osts (see notp 81 2,396 2,360 83.489 77,931 Analysis by fund Unrestricted funds- general Restricted funds 77,289 6,200 75.731 2,200 83.489 77,931 For the year ended 31 August 2018 Unrestricted fttnds- general Restricted funds 75.731 2,200 77,931 13-
CLUB UNITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2019 Support casts Support Govèman¢e costs costs 2019 2018 Basis of allocation Audit fees Insurance 1,860 536 1,860 536 1,830 Govem8n¢e 530 Goveman¢e 2,396 2,396 2,360 Analysed beefjn Charitable activities 2.396 2.396 2,360 Trustees None of the Trustees lor any persons connected wth them) reiVed any remuneration or benefits from the tharity during the year. 10 Employees Nurnr of employees The average monthly number of employees durirtg the year was.. 2019 Number 2018 Number Child t¥rÈ and surnmer schemè Average volunteers Employment costs 2019 2018 Wages and salaries Othgr pgnsion costs 58,158 804 54,330 392 58.962 54,722 There were no employees whose annu85 remuneration was £60,000 or more. 14-
CLUB UNITED NOTES TO THE FINANCIAL STATEMENTS {CONTINUED} FOR THE YEAR ENDED 31 AUGUST 2019 12 Tangible fixed assets Leasehold Fixturos amd iryr¢ivèmoDts ffttings T•tal Cost At 1 September 2018 3,805 13,247 17.052 At 31 August 2019 3,805 13,247 17,052 Depreciation and impairment At 1 Septernber 2018 Depreciation char9ed in the year 238 381 747 1.325 985 1.706 At 31 August 2019 619 2.072 2.691 Carrying amount At 31 August 2019 3,186 11,175 14.361 At 31 August 2018 3,567 12,500 16,067 13 Finaneial instruments 2019 2018 Carying amount of financial assets Debt inslrumen15 rneasured at amortised cost 10,669 5.289 Carying amount of finan¢ial Ilablllties Me8sur&J at amortised cost 6,799 5,801 14 Debtors 2019 2018 Amaunts falling due within one year: Other debtors 10.669 5,289 15 Creditors: amounts falling due within one year 2019 2018 Other taxation and social security Trade cr4itors Other creditors Accruals and deferred income 2,526 2,825 262 3,712 585 2,141 38 3,622 9,325 6,386 16-
CLUB UNITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2019 18 Retirement benefft scheme$ Defined ¢ontribution Schemes The charity operates a defined contribution pènsion scheme for all qualrfying employees. The assets of the scheme ore held separately from those of the charity in an independendy administered fund. The Charge to profft or k)ss in respect of defined contrbution sche$ was £80412018- £392}- 17 Related party tran$a¢tions There were no dis¢losable related party trans8¢tions during the year12018- none). 17-