**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**<br>**funds**<br>**Restricted**<br>**funds**<br>Notes<br>**£**<br>**£**|**2023**<br>**£**|
|---|---|
|**Incoming resources:**<br>Grant income<br>3,000<br>-<br>Fundraising<br>-<br>-<br>Membership fees and subscriptions<br>77,815<br>-|**3,000**<br>**-**<br>**77,815**|
|**Total incoming resources**<br>80,815<br>-|**80,815**|
|**Cost of charitable activities:**<br>In furtherance of the Charity's objectives<br>3<br>(72,990)<br>-<br>Governance costs<br>4<br>(11,045)<br>-|**(72,990)**<br>**(11,045)**|
|**Total resources expended**<br>(84,035)<br>-|**(84,035)**|
|**Net outgoing resources before transfers**<br>(3,220)<br>-<br>Gross transfers between funds<br>-<br>-|**(3,220)**<br>**-**|
|**Net outgoing resources after transfers**<br>(3,220)<br>-<br>**Opening fund balances**<br>40,534<br>-|**(3,220)**<br>**40,534**|
|**Fund balances at 18 August 2023**<br>**38,314**<br>**-**|**37,314**|



**Page 1** 



## **Maiden City Soccer** 

## **Statement of financial position as at 18 August 2023** 

|Notes|**2023**<br>**£**|
|---|---|
|**Fixed assets**<br>Tangible assets<br>5|**20,515**|
|**Current assets**<br>Cash at bank and in hand|**17,169**|
|**Creditors: amounts falling due within one year**<br>6|**17,169**<br>**(370)**|
|**Net current assets**|**16,800**|
|**Net assets**|**37,314**|
|**Funds**<br>Unrestricted funds<br>7<br>Restricted funds<br>7|**37,314**<br>**-**|
|**Total funds**|**37,314**|



**Page 2** 



## **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** 

|<br>**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** 

|<br>**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**|



**Page 3** 



## **Maiden City Soccer** 

## **Notes to the financial statements** 

## **Year ended 31 March 2024 (continued)** 

## **5 Tangible fixed assets** 

|**5**<br>**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**<br>**Creditors: amounts falling due within one year**||
|---|---|
||**2023**|
||**£**|
|Creditors and accruals|**370**|



## **7 Analysis of net assets between funds** 

|**7**<br>**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**|



**Page 4**