Crescent Valley Enterprises Ltd Trustees’ report and financial statements for the period ended 18 August 2023
Maiden City Soccer
Statement of comprehensive income for the period ended 18 August 2023
| Unrestricted funds Restricted funds Notes £ £ |
2023 £ |
|---|---|
| Incoming resources: Grant income 3,000 - Fundraising - - Membership fees and subscriptions 77,815 - |
3,000 - 77,815 |
| Total incoming resources 80,815 - |
80,815 |
| Cost of charitable activities: In furtherance of the Charity's objectives 3 (72,990) - Governance costs 4 (11,045) - |
(72,990) (11,045) |
| Total resources expended (84,035) - |
(84,035) |
| Net outgoing resources before transfers (3,220) - Gross transfers between funds - - |
(3,220) - |
| Net outgoing resources after transfers (3,220) - Opening fund balances 40,534 - |
(3,220) 40,534 |
| Fund balances at 18 August 2023 38,314 - |
37,314 |
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Maiden City Soccer
Statement of financial position as at 18 August 2023
| Notes | 2023 £ |
|---|---|
| Fixed assets Tangible assets 5 |
20,515 |
| Current assets Cash at bank and in hand |
17,169 |
| Creditors: amounts falling due within one year 6 |
17,169 (370) |
| Net current assets | 16,800 |
| Net assets | 37,314 |
| Funds Unrestricted funds 7 Restricted funds 7 |
37,314 - |
| Total funds | 37,314 |
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Maiden City Soccer
Notes to the financial statements Period ended 18 August 2023 (continued)
3 Cost of activities in furtherance of the objects of the charity
Cost of activities in furtherance of the objects |
of the charity |
|---|---|
| 2023 | |
| £ | |
| Wages | 44,136 |
| Pension | 234 |
| Advertising | 125 |
| Coach expenses | 2,283 |
| Equipment and clothing | 5,647 |
| Facility hire | 986 |
| Football costs | 15,423 |
| Repairs and maintenance | 2,836 |
| Travel expenses | 1,320 |
| 72,990 |
4 Governance costs
Governance costs |
|
|---|---|
| 2023 | |
| £ | |
| Accountancy | 240 |
| Bank fees and interest | 167 |
| Heat and light | 790 |
| Insurance | 1,885 |
| Subs and donations | 1,049 |
| Professional fees | 1,362 |
| Postage and stationery | - |
| Telephone | 780 |
| Training | 165 |
| Water rates | 1,003 |
| Depreciation | 3,604 |
| 11,045 |
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Maiden City Soccer
Notes to the financial statements
Year ended 31 March 2024 (continued)
5 Tangible fixed assets
| 5 Tangible fixed assets |
||||
|---|---|---|---|---|
| Motor | Leasehold | Office and sports | ||
| vehicle | improvements | equipment | Total | |
| £ | £ | £ | £ | |
| Cost | ||||
| At 31 March 2023 | 3,850 | 21,825 | 70,509 | 96,184 |
| Additions | - | - | 1,598 | 1,598 |
| At 18 August 2023 | 3,850 | 21,825 | 72,107 | 97,782 |
| Accumulated depreciation | ||||
| At 31 March 2023 | 3,524 | 7,231 | 62,908 | 73,663 |
| Charge for the year | 122 | 818 | 2,664 | 3,604 |
| At 18 August 2023 | 3,646 | 8,049 | 65,572 | 77,267 |
| Net book value | ||||
| At 18 August 2023 | 204 | 13,776 | 6,535 | 20,515 |
6 Creditors: amounts falling due within one year
| 6 Creditors: amounts falling due within one year |
|
|---|---|
| 2023 | |
| £ | |
| Creditors and accruals | 370 |
7 Analysis of net assets between funds
| 7 Analysis of net assets between funds |
|||
|---|---|---|---|
| Unrestricted | Restricted | Total | |
| funds | funds | Funds | |
| £ | £ | £ | |
| Fund balances at 18 August 2023 are represented by: | |||
| Tangible fixed assets | 20,515 | - | 20,515 |
| Current assets | 17,170 | - | 17,170 |
| Current liabilities | (370) | - | (370) |
| 37,315 | - | 37,315 |
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