Registered Charity No. NIC102938
Greenisland Football Club
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 June 2023
Greenisland Football Club
Financial statements for the year ended 30 June 2023
TABLE OF CONTENTS
| Page | ||
|---|---|---|
| Charity Information | 3 | |
| Report of the Management Board | 4.-5 | |
| Independent Examiners Report | 7 | |
| Statement of Financial Activities | 8 | |
| Balance Sheet | 9 | |
| Notes to the accounts | 10 |
Greenisland Football Club
Financial statements for the year ended 30 June 2023
CHARITY INFORMATION
| Management Board | ||
|---|---|---|
| Stuart McClean | (Chair) | |
| John McMinn | (Secretary) | |
| David Starrs | (Treasurer) | |
| Andrew Macleod | (Safeguarding) | |
| Robert Stranaghan | ||
| Robert Hadden | ||
| Niall McGovern | ||
| Stephen Gamble | ||
| Stephen Graham | ||
| Clarke Frampton | ||
| Independent Examiners | Catherine McRory FCMA CGMA, Chartered Management | |
| Accountant, for and | on behalf of Baxterworld Ltd | |
| Chartered Management Accountants | ||
| Unit 3 Dargan Industrial Park, Dargan Crescent | ||
| Belfast, BT3 9JP | ||
| Bankers | Ulster Bank Ltd | |
| High Street | ||
| Carrickfergus | ||
| BT38 7AN | ||
| Address | 100 Glenkeen Avenue | |
| Greenisland | ||
| BT38 8SU | ||
| Charity Number | NIC102938 | |
| Governing Document | Constitution | |
| Legal Status | Unincorporated Charity |
Greenisland Football Club
Financial statements for the year ended 30 June 2023
TRUSTEE'S REPORT
The Management Board (Trustees) present their report and financial statements for the year ended 30 June 2023
Structure, Governanace and Management
Greenisland Football Club is governed by a constitution and the day to day affairs are managed by a committee which is elected from the body of the floor at the AGM.
The Committee will ensure that Club members adhere to the aims and rules as described in the constitution.
The Committee will be responsilbe for the appointment of the Trustees. These individuals will only be appointed when the committee is clear that they fulfil the criteria of the Charities Commission:-
That they are eligible by:-
Having no unspent convictions
To promote the ethos of the Club and to be fully knowledgeable of the Constitution Take decisions made free from prejudice and in the Charity's best interests Make sure the Club's resources are managed responsibly Be accountable to the members
Objectives and activities
The Club has been established to promote fitness, advance education and facilitate social development, particularly in relation to 10 to 18 year olds through healthy participation in sports and Association Football, who reside in Greenisland and it environs of County Antrim without distinction of age, gender, disability, sexual orientation, nationality, ethnic identity, political or religious opinion, by associating the statutory authorities, community and voluntary organisations and the inhabitants in a common effort to advance education, and to provide facilities in the interests of social welfare for recreation or other leisure-time occupation, with the object of improving the conditions of life for the said inhabitants.
Achievements and performance
Season 22/23 was a proper back to normal season with everything operating as normal compared to previous seasons with Covid 19 restrictions.
Our community Full-time outreach Officer got help with us taking on a part-time outreach worker to assist with delivering our programs. The National Lottery funded Cuppa club project for Older vulnerable people continued to grow with number attending the clubhouse increasing from 20 to 30 members who participated in weekly activities and several trips and group activities. ^4 meals provided on this program with 35 being delivered in the community. Additional funding from Harbour Commission was received that allowed our Outreach offer and assistant to run a mental health program with two classes in Local Primary school. We also added a visually impaired group to our program for activities and use of club facilities, this ran on a fortnightly basis with 20 members attending. The Schools Mental Health & wellbeing program funded by the Public Health Authority is a huge success with delivering the sport program and mental health classes and 1 to 1 counselling for 11 classes at local high school and Primary school. The Bears section funded by Children in need progressed with Great success with 20 Children participating in sport and a new small group for younger children with 6 playing indoor games in our Clubhouse. They also got great coverage on Children in Need.
Our Plans for new changing rooms and indoor training facility have now been approved by the MEA Council. This allows us to apply for the stadium funding if it becomes available.
Chess club continued with great success in our Clubhouse and entered a league and ran our own tournament.
A few trips took place and got planned for the summer and Halloween break next season. 2009 squad went to Burton Albion at Easter, @010 squads traveled to Play home Farm teams in Dublin. 2010 Squad also go to Galway cup In August 23. Foundation teams from 2014 to 2011 squads are going on football trips to Liverpool in the summer and Halloween 2023
2009 NL Squad had a very successful week at the Super Cup in August 2022. They also won the NIBFA Cup final in May 2023 which was fantastic achievement. Six players from squad got selected for Co. Antrim team for Super Cup Squad. Our Ladies team go to there first Final in September 2022 and this helped strengthen squad for spring 2023 season. Our Men 1[st] team won promotion to 1B in the Amateur League.
2[nd] team won their division and promotion to 3A in Amateur league
Overall it has been a very good year across the club in all areas.
Future
We look forward to the future with optimism and plan to develop and improve the club for the benefit of our community.
Financial Review
Total income for the period under review was £378,427, and revenue expenditure was £321,745
Reserves totalled £755,154 (2022 £698,471) of which £486,400 was held in the form of fixed assets. There were £255,261 of unrestricted funds available at the balance sheet date for general use.
Stuart McClean Chair Person
25 April 2024
Greenisland Football Club
Financial statements for the year ended 30 June 2023
INDEPENDENT EXAMINERS REPORT ON THE ACCOUNTS
to the members of Greenisland Football Club
We report on the accounts of Greenisland Football Club for the year ended 30 June 2023 which comprise the statement of financial activities, the balance sheet and the related notes. These financial statements have been prepared under the historical cost convention and the accounting policies set out on page 11.
Respective responsibilities of the management board and the Independant Examiner
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 65(2) of the Charities Act (Northern Ireland) 2008 (the 2008 Act) and that an independent examination is needed.
It is my reposnsibility to:
examine the accounts under section 65 of the 2008 Act;
to follow the procedures laid down in the general Directions given by the Charity Commission under section 65(9)(b) of the 2008 Act; and
to state whether particular matters have come to my attention.
Basis of independent examiner's report
My examination was carried out in accordance with the general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the eveidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to thise matters set out in the statement below.
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
(1) which gives me reasonable cause to believe that in any material respect the requirements:
to keep accounting records in accordance with section 63 of the 2008 Act; and
to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2008 Act
have not been met; or
- (2) to which, in my opinion, attention should be drawn in order to enable proper understanding of the accounts to be reached
Catherine McRory ACMA CGMA, Chartered Management Accountant, for and on behalf of Baxterworld Ltd Chartered Management Accountants Unit 3 Dargan Industrial Park, Dargan Crescent Belfast, BT3 9JP
25 April 2024
Greenisland Football Club
Financial statements for the year ended 30 June 2023
STATEMENT OF FINANCIAL ACTIVITIES
| Incoming resources Activities for generating funds Charitable activities Capital Grants Total incoming resources Resources Expended Charitable activities Governance Total resources expended Net (outgoing)/incoming resources before transfers Transfers between funds Net (expenditure)/Income for the year Reconciliation of funds Balance brought forward Movement in year Balance carried forward |
Un-restricted funds Restricted funds Restricted Capital funds Total Funds Total Funds |
Un-restricted funds Restricted funds Restricted Capital funds Total Funds Total Funds |
|---|---|---|
| 2023 2023 2023 2023 £ £ £ £ 136,569 - - 136,569 120,173 121,685 - 241,858 - - - - |
2022 £ 53,496 240,560 86,536 |
|
| 256,742 121,685 - 378,427 |
380,593 | |
| 212,845 107,388 - 320,233 1,512 - - 1,512 |
221,172 1,224 |
|
| 214,357 107,388 - 321,745 |
222,396 | |
| 42,386 14,297 - 56,682 12,799 3,605 - 9,194 - - |
158,197 - |
|
| 55,185 10,691 9,194 - 56,682 |
158,197 | |
| 380,191 62,124 256,157 698,471 55,185 10,691 9,194 - 56,682 |
540,274 158,197 |
|
| 435,376 72,815 246,963 755,154 |
698,471 |
Greenisland Football Club
Financial statements for the year ended 30 June 2023
BALANCE SHEET as at 30 June 2023
| Notes Fixed assets Clubhouse Building Car Equipment & Furnishings 6 New Stand Gym Equipment Current assets Debtors 7 Cash at bank and in hand Liabilities Amounts falling due within one year 8 Net current assets Total assets less current liabilities Liabilities Amounts falling due after more than one year 9 Net assets The funds of the charity: Restricted income funds 11 Restricted capital funds 12 Designated funds 13 Unrestricted income funds 14 Total Funds |
5,583 312,934 |
2023 £ 389,079 - 5,094 91,464 762 |
7,920 229,472 |
2022 £ 387,587 - 9,447 96,546 1,156 |
|---|---|---|---|---|
| 486,400 318,518 49,764 |
494,735 237,392 33,656 |
|||
| 72,815 246,963 |
62,124 256,157 |
|||
| 268,753 | 203,736 | |||
| 755,153 - |
698,471 - |
|||
| 755,153 | 698,471 | |||
| 319,778 435,376 |
318,281 380,191 |
|||
| 180,115 255,261 |
180,115 200,076 |
|||
| 755,154 | 698,471 |
Approved by the Management Board on 25 April 2024 and signed on its behalf by:
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Stuart McClean
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Greenisland Football Club
Financial statements for the year ended 30 June 2023
NOTES TO THE FINANCIAL STATEMENTS
1 Accounting policies
The financial statements are prepared on a going concern basis under the historical cost convention and in accordance with applicable accounting standards in the United Kingdom, the statement of Recommended Practice 2019 by the Charity Commission NI A summary of the main accounting policies which have been applied is set out below.
Income
Grants, including grants for the purchase of fixed assets, are recognised in full in the Statement of Financial Activities when receivable, except where the Donor's conditions specify the time period in which the expenditure can take place. In the latter case amounts relating to future periods are deferred and recognised as a liability.
Expenditure
Resources expended are accounted for on an accruals basis and include VAT which cannot be recovered.
i Expenditure on generating funds includes general advertising, publicity and fund raising activities.
ii Expenditure on charitable activities comprises those costs incurred by the charity in the delivery of its activities and services to its beneficiaries.
iii Governance costs are those costs associated with meeting the constitutional and statutory requirements of the charity including audit, the costs of strategic management and Trustee expenses.
iv All costs are allocated between the expenditure categories of the Statement of Financial Activities on a basis designed to refelect the use of that resource. Costs relating to a particular activity comprise both costs that can be allocated directly to such activities and indirect costs necessary to support them.
Tangible fixed assets
Payments received from funders to purchase fixed assets is treated as restricted income in the period.
Restricted funds
These represent income which is subject to conditions of use imposed by the Donor. Such income less qualifying expenditure is seperately accounted for within the funds.
Unrestricted funds
Donations received or other income generated for the general purposes of the Charity without further restriction is added to unrestricted funds.
| 2 Incoming Resources Activities for generating funds (Unrestricted) Astro Pitch Hire Coaching Badge Income Donations Events Income Facilities Income Fund Raising Gym Membership Hire of Clubhouse Interest Income Pool tables income Sale of Kit Sponsorship ROI Dept of Foreign Affairs Tuck Shop Income Trips Income GFC Lottery Income Charitable activities (Unrestricted) Dept for Communities MEA Council Membership & dues Players Compensation Charitable activities (Restricted) 3G Pitch Hire income Belfast Harbour Carnhill Children in Need CFNI-DOH Schools Programme Clear Project income Community Foundation Coaching Income Donations Events Income Halifax Foundation Ireland Fund Irish Football Association Mid & East Antrim BC Membership & dues National Lottery Public Health Agency Sport-Ed Sport NI ROI Dept of Foreign Affairs Capital Grants (Restricted) Irish FA Mid & East Antrim BC Whitemountain Fund Total incoming resources |
Carried Forward Received Deferred Total 2023 Total 2022 |
Carried Forward Received Deferred Total 2023 Total 2022 |
|---|---|---|
| - 1,512 - 1,512 - - - - - 300 - 300 - 324 - 324 - 1,926 1,926 - 140 - 140 - 2,165 - 2,165 - 490 - 490 - 1,275 - 1,275 - 67 - 67 - 60,623 - 60,623 - 5,975 - 5,975 - - - - - 9,359 - 9,359 - 41,758 - 41,758 - 10,656 - 10,656 |
1,130 3,041 0 200 760 875 - 996 0 0 23,841 3,696 1,576 1,096 16,285 - |
|
| - 136,569 - 136,569 |
53,496 | |
| - - - - - 2,280 - 2,280 - 91,894 - 91,894 - 26,000 - 26,000 |
- - 94,498 - |
|
| - 120,173 - 120,173 |
94,498 | |
| - 14,550 - 14,550 - 3,000 - 3,000 - - - - - 500 - 500 - 27,115 - 27,115 - 4,916 - 4,916 - - - - - - - - - 200 - 200 - - - - - - - - - - - - - - - - - 900 - 900 - - - - - 63,725 - 63,725 - - - - - - - - - - - - - 6,779 - 6,779 |
15,860 - 3,500 17,600 - - 37,115 1,300 1,015 1,175 5,000 4,290 500 3,500 11,629 23,815 5,000 500 12,500 1,763 |
|
| - 121,685 - 121,685 |
146,062 | |
| - - - - - - - - - - - - |
30,000 20,324 36,212 |
|
| - - - - |
86,536 | |
| - 378,427 - 378,427 |
380,593 |
| 3 Resources expended Charitable Activities Advertising Administration Expenses Affiliation & league fees Bank Charges Bank Interest Bin Collection Booking System Cleaning Coach Education Coaching expenses Community Activity Costs Community Programme costs Community Food Computer & Website expenses Consultancy Depreciation Donations Out Entertainments Licence Equipment & Kit Fines & Appeals Fundraising Expenses Gas General Expenses Gifts GFC Lottery payouts Health & Safety Heat & Light Hospitality & Entertainment Insurance Internet Expenses Kit Washes Medical Kit Physiotherapy Pitch & Sports hall hire Player Welfare Player's expenses Postage Prizes Promotional Expenses Referee's Fees Rents & Leases Repairs & Maintenance Stationery Telephone Television Expenses Training Costs Tuck shop expenses Trip & Travel expenses Wages Cost Reallocation (Central Costs) Total Governance Accountancy Total Resources expended |
Un-restricted Funds Restricted Funds Total Funds 2023 Total funds 2022 |
Un-restricted Funds Restricted Funds Total Funds 2023 Total funds 2022 |
|---|---|---|
| 891 - 891 - - - 9,905 - 9,905 305 - 305 - - - - - - - - - 1,569 1,270 2,839 145 - 145 - 11,590 11,590 - 1,225 1,225 - 14,406 14,406 9 25,770 25,779 5,244 - 5,244 3,240 - 3,240 19,003 - 19,003 20 - 20 - - - 58,101 1,312 59,413 - - - - - - 1,852 - 1,852 3,967 954 4,921 213 214 427 590 - 590 - - - 4,854 - 4,854 3,479 200 3,679 4,118 - 4,118 - - - 952 - 952 579 - 579 2,775 - 2,775 11,983 10,945 22,928 2,775 - 2,775 - - - - - - 312 - 312 - - - 6,418 - 6,418 7,667 - 7,667 6,696 1,000 7,696 12 593 605 - - - 199 - 199 - - - 4,829 408 5,238 50,142 4,064 54,206 - 33,437 33,437 - - - |
465 - 12,000 269 51 - - - 395 4,472 15,465 1,359 8,555 15,701 4,018 - 19,659 2,423 - 26,317 806 90 1,578 1,760 - - 660 4,584 3,283 2,939 - 2,359 289 3,060 17,893 1,365 - - 971 - 8,279 4,500 7,227 1,106 - 199 384 969 19,947 25,877 - |
|
| 212,845 107,388 320,233 |
221,172 | |
| 1,512 - 1,512 |
1,224 | |
| 214,357 107,388 321,745 |
222,396 |
4 Employees
There was one employee during the year.
The Trustees received no remunerations for their services during the year
5 Taxation
The charity is generally exempt from tax on income and chargeable gains. Accordingly, no tax charges have arisen during the year.
| 6 Fixed Assets Cost At 01/07/22 Additions At 30/06/23 Accumulated Depreciation At 01/07/22 Charged in year At 30/06/23 Net Book Value at 30/06/23 Net Book Value at 01/07/22 7 Current Assets Accrued Income Prepayments Trade Debtors 8 Liabilities - Amounts falling due within one year Accruals Credit Card Trade Creditors Deferred Income Payroll Liabilities Ulster Community Investment Trust 9 Liabilities - Amounts falling due in more than one year Ulster Community Investment Trust 10 Analysis of net assets between funds Fixed Assets Current assets Current liabilities Long Term liabilities |
Club House & Small Astro 433,497 10,367 |
Car 1,500 - |
Equipment & Furnishings Gym Equip New Stand Total 25,618 10,244 101,627 572,485 - 300 - 10,667 |
|---|---|---|---|
| 443,864 | 1,500 | 25,618 10,543 101,627 583,152 |
|
| 45,910 8,875 |
1,500 - |
16,171 9,088 5,081 77,749 4,353 693 5,081 19,003 |
|
| 54,785 | 1,500 | 20,524 9,781 10,163 96,752 |
|
| 389,079 | - | 5,094 762 91,464 486,400 |
|
| 387,587 | - | 9,447 1,156 96,546 494,735 |
|
| Un-restricted Funds 239,642 245,703 49,764 - - |
2023 2022 - - 1,833 1,500 3,750 6,420 5,583 7,920 2023 2022 25,951 13,806 692 1,161 23,121 18,298 - - - 391 - - 49,764 33,656 2023 2022 - - - - Restricted Funds Total Funds 246,963 486,605 72,815 318,518 - 49,764 - - - 319,778 755,359 |
||
| 435,581 |
| Incoming | Outgoing | Balance at | |||||
|---|---|---|---|---|---|---|---|
| Opening balance | resources | resources | Fund | transfers | 30 06 23 | ||
| 11 | Restricted Income Funds | ||||||
| Belfast Harbour - Schools project | - | 3,000 | 3,000 | - | - | ||
| Community Foundation (Cuppa Club) | - | - | - | - | - | ||
| Community Foundation (Older & Vulnerable People | - | - | - | - | - | ||
| Community Projects | - | - | - | - | - | ||
| Community Projects (Other) * | 19,422 | 11,895 | 2,056 | - | 29,260 | ||
| Children in Need | 8,203 | 500 | 1,454 | - | 7,249 | ||
| CFNI-DOH Schools Program | 18,603 | 27,115 | 24,497 | - | 21,221 | ||
| Halifax Foundation (Older & Vulnerable People) | - | - | - | - | - | ||
| Public Health Agency - Schools Outreach | - | - | - | - | - | ||
| MEA Other Grants | - | 900 | 900 | - | - | ||
| MEA 3G Pitch | - | 14,550 | 10,945 | - | 3,605 |
- | |
| Sport NI | 2,150 | - | 2,150 | - | - | ||
| Trusthouse Foundation | - | - | - | - | - | ||
| National Lottery (Cuppa Club) | 13,746 | 63,725 | 62,386 | - | 15,085 | ||
| National Lottery (Older & Vulnerable People) | - | - | - | - | - | ||
| 62,124 | 121,685 | 107,388 | - | 3,605 |
72,815 |
| * Other community projects includes £200 of donations, £4916 from Clear Project, £6779 from ROI Dept of foreign affairs | * Other community projects includes £200 of donations, £4916 from Clear Project, £6779 from ROI Dept of foreign affairs | * Other community projects includes £200 of donations, £4916 from Clear Project, £6779 from ROI Dept of foreign affairs | * Other community projects includes £200 of donations, £4916 from Clear Project, £6779 from ROI Dept of foreign affairs | * Other community projects includes £200 of donations, £4916 from Clear Project, £6779 from ROI Dept of foreign affairs | * Other community projects includes £200 of donations, £4916 from Clear Project, £6779 from ROI Dept of foreign affairs | |
|---|---|---|---|---|---|---|
| 12 Restricted capital Funds | ||||||
| Clubhouse | 61,584 | - | - | - | 1,339 |
60,245 |
| Biffa (Small Astro Pitch) | 83,805 | - | - | - | 1,822 |
81,983 |
| Irish FA | 29,400 | - | - | - | 600 |
28,800 |
| Mid & East Antrim BC | 1,215 | - | - | - | 1,215 |
- |
| Mid & East Antrim BC New Stand | 32,654 | - | - | - | 1,719 |
30,935 |
| White Mountain Funds New Stand | 47,500 | - | - | - | 2,500 |
45,000 |
| 256,157 | - | - | - | 9,194 |
246,963 | |
| 13 Designated Funds | ||||||
| Community Projects (Designated) | 26,644 | - | - | - | 26,644 | |
| Club Running Costs (Designated) | 70,000 | - | - | - | 70,000 | |
| Club Development (Designated) | 83,471 | - | - | - | 83,471 | |
| 180,115 | - | - | - | 180,115 | ||
| 14 Unrestricted income Funds | ||||||
| Core Funds | 200,076 | 256,742 | 214,357 | 12,799 | 255,261 | |
| 200,076 | 256,742 | 214,357 | 12,799 | 255,261 | ||
| Total Funds | 698,471 | 378,427 | 321,745 | - | 755,154 |