Il¥borou Foptball Club STATEMENT OF FINANCIAL ACTIVITIES includin an Income & Ex &nditurè Account ear ended 30 June 2022 Unrostrlcted Funds Re8trlctsd Fund5 Total Funds Total Funds 2022 2022 2022 2021 INCOMING RESOURCES (Nots 2 Incoming Resources from Charitable Aeltvities Incoming Resource$ from generated funds Investment Ineome OlheT Income TOTAL INCOMING RESOURCES 26,807 26,807 10,974 155,950 12,500 168,4SO 75.468 2,383 41,690 2.383 197,645 17,203 103.646 155.955 RESOURCES EXPENDED (Note 31 Charilabb activities Govemance Costs TOTAL RESOURCES EXPENDED 137,659 350 41,690 179,349 350 179,699 109,546 300 109,846 138.009 41,690 Not Incomlng 1 (oulgolngl resources for the year Transfer beeen funds 17,946 17.946 {6,200} Balance brought forward Balancg Galed foTh4ard 15,230} 12,716 15,2301 12.716 970 5,230) The above Statement of Financial ActNib'es includes all infomation as required to b8 disclosed by the Companies Act 2006. All of the activities of the company are classed as continuing. There is no difference befvleen the net incoming resources for the yeaT Staled above and their historical cost equivalents. Page 5
Hllbborou li Bo $ Football Club BALANCE SHEET as at 30 June 2022 Note 2022 2021 Flxed Assets Tangible Assets Current Assets Debtors Cash al bank and in hand 1,130 47,717 48.847 1,467 38,186 39,653 Creditorn: amounts falllng Due within one year 14,876 17.663 Not Current assets 33.971 21,990 Assets less Current Llabllitles 33.971 21,990 Crgditors: amounts falling Due aftor more than ono year 21,255 27,220 Not asetsllllablllties) 12.716 {5,230) REPRESENTED BY: Unreslricled Funds Reslricled Funds Total Funds 10 10 10 12,716 15,2301 The Iruslees and members have not required the charity to obtain an audit of il's financial statements for the year ended 30 June 2022. The Injstees acknowledge their responsibilities for.. lal Ensuring that the charity keeps accounting record$ which cornply with current legislation and Ibl Preparing ftnanclal siaiemenis whlcm glve a true an# fail view of the State uf ltrie Glioiily as at the end of each financial year and of il's surplus or deficit for each financial year. The notes on pages 7 10 13 form an infrgral part ol these financial 5talemenls. These financial statements were approved and aulhorised for issue by the Trustees on 28 March 2025 and signed on their behalf by.. Paul Alexander- Chaimian Charty Registration No.. 103070 NOTES TO THE FINANCIAL STATEMENTS Page 6
Hlll¥borou hBo s Football Club Forthg gar endett 30 June 2022 1. ACCOUNTING POLICIES The following accounting policies have been applied consistently in dealing with items which are considered material in relation lo the charities, financial statements. A. Basis of accounting Tho financial statements have been prepared under the hisloTical cost convention 8nd in accordance with applicable Accounting Standards in the United Kingdom including the Stslemenl of Recommended Practice on 'kcounling and Reporting by Chanties Irevised 20051 and the Companies Act 2006. A summary of the more important aGwunting policies, which have been applied consistently. is set out below. B. Ca8h Flow Statgment The directors have taken advantage of the exemption in Financial Reporting Standard No.1 {Revised 19961 from including a cash flow statement in the financial $tatements on the grounds that the company is small. C. Incomlng Resour5 Incoming resources from generated funds Voluntary income includes Incoming resources from rnembershlp fees, due5, gtrts, donations and grants and is recognised in full in the Ststement of Financial Activities when receivable. Activities for generating funds are commercial activitie5 which are recognised as earned when the related goods and services are provided. Incoming Resources from ch8rlt8blo activltle8 Incoming resources from charitable activities includes Income received under contract or where entitlement to grant funding is subject to specific performance conditions. 11 15 recognised as eamed as the related services or goods are provided. Grant income included in this category provides funding lo support projects and is recognised whe there is entrtlement, certainty of receipt and the amount can be rneasured with sufficient Teliability. D. Resources Expended Expenditure is recognised when a liability is incurred. Contractual arrangements an performance related grants are recognised as goods and services are supplied. Where costs cannot be direcily attributed to a particular heading they have been allocated to activities on a basis consislenl with use ol resources. Charltablo activities This comprorni5es 815 the resources applied by the chaiity in undertaking rts Work lo me8t its eharrtable objectives. Governance C¢)st8 Includes the costs of governance arrangements which relate lo the general running of the charity. Page 7
Hlll•borou h Bo $ Fo(>tball Club NQTES TO THE FINANCIAL STATEMENTS Forthg ear gnded 30 Juno 2022 continued ACCOUNTING POLICIES {coniinued) E. Fund A¢¢ountlng The charity has two types of funds lor which it is responsible al the yearend.. Unrgstricted Funds - Funds which are expendable at the discretion of the Trustees in furtheranee of the oty'eclives of the charity. In addition. funds may be held in order to finance capital investment and working capital. Restricted Funds- Income receNed for sK1C purposes. Such purposes are wi(hin the overa51 aims of the challty. F. Taxation status The organisalion is recognised as a charity for tax purposes by HM Revenue & Customs. Accordingly, it has availed of the exemptions contained in Chapter 3 Part 11 Corporation Taxes Act 2010 and Section 256 Taxal¢on of Chargeable Gains Act 1992. As a charity Hillsborough Boys FC are not lia06e to Corporation Tax. Page 8
TOU h Bo s FoDtball Clul) NOTES TO THE FINANCIAL STATEMENTS Forth8 Year Ended 30 June 2022 continued 2. INGOMING RESOURCES Unr•8trfcted Funds 2022 Restrlcted Funds 2022 Total Funds 2022 Total Funds 2021 Incomin Activities Resources from Charitablè Grants & sponsorship 26,807 26,807 26.807 26.807 10.974 10.974 Incomln Resour¢&s from Generatod Fund8 Donations & Membership Organised 8¢tivitio$ Tours & trips Awards dinner Hire of facilities Fundraising events Sportswear & equipment Festival income Toumamenl enty Sundry 132,302 12,364 132.302 12,364 SS,570 5,093 11,035 11,035 11,027 257 1,465 11.027 257 5.640 9.165 1.485 155,950 12.500 168.460 76,468 Investment Income other income- Furlou 2,383 2,383 17,203 Total Incoming Resources 155.955 41,690 197,645 103,646 Page 9
Mlllsborou hBo s Football Club NOTES TO THE FINANCIAL STATEMENTS F the Y Ended 30 June 2022 contlnugd 3. RESOURCES EXPENDED Unr8Stricted Funds 2022 Restricted Funds 2022 Total Funds 2022 Total Fund¥ 2021 Charltable A¢tSvltio8 Dlrect Charltable Expenditure Swrtswear & equipment Football Factory rentsl Salaries and ER NIC Awards dinner Trips & tours League & referee fees Facility hire Coaching badges & training Casual coaches Light and heal Tournament entry Festival expense8 Sundry NIYFA Insurance Trophies 6,897 18,000 23,580 4,191 1,078 26,072 16,935 3,402 7,936 3,033 2,465 17,835 24.732 30,111 18.000 18,000 26,463 27,576 21,226 1,078 26,072 16,935 6,287 8,988 3,Q33 2.465 2,883 17,035 4,243 12.881 2,250 3.310 2.295 1,700 2.885 1,052 2.015 776 2,015 184 776 1.011 577 363 158,647 103,924 577 116,957 41,690 Fundraising and Advgrti$ing 99 Management and Administration of the charity Repairs and equipment Piufebbijfidl fEe 14,349 1,704 2,169 656 560 159 1,006 20.603 14,349 1,704 2,169 656 560 159 1,006 20,603 3,231 Printing & Stationary Telephone and broadband Club communications Loan interest Bank fees and Interest 677 1,325 389 5,622 Total expendituro on ¢harltsble acti¥itl08 137,659 41.690 179,349 109.546 Govemance Costs Accountancy 350 350 300 Totsl goveman¢• costs 350 350 300 Total Rosources Expendod 138.009 41,890 179 699 109 846 Pa3e 10
Hlll¥borou hBo Football Cl NOTES TO THE FINANCIAL STATEMENTS rthey arE ded ne 2022 contlnued 4. EMPLOYEE INFORMATION 2022 2021 Average number of staff employed by the Gompany during the year 5. TRUSTEES EMOLUMENTS 2022 2021 Tru5tee'5 emolurnents 6. ACCOUNTANT'S REMUNERATION 2022 2021 Accountant's remunèration 350 350 300 300 Page 11
Millsborou hBo s Football Glub NOTES TO THE FINANCIAL STATEMENTS For the Year Ended 30 June 2022 continu8d 7. TANGIBLE FIXED ASSETS Totsl Cost AI 30 June 2021 Additions Disposals At 30 June 2022 Depreciation At30 June 2021 Charge for year Disposals AI 30 June 2022 Net Book Value¥ AI 30 June 2022 At 30 June 2021 8. OE8TORS 2022 2021 Accrued Income Prepayments 1,467 1,130 1.130 1,467 9. CREDITORS: amounts falling due wlthln on• ygar 2022 2021 Deferred income Accruals Loans 4,340 4,413 6.123 14.876 16.133 1.530 CREDITORS: amounts falling due afteTmorethan one year 2022 2021 Loan5 21.2S5 27,220 Page 12
Nlllsborou hBo S Football Club NOTES TO THE FINANCIAL STATEMENTS For the Year Ended 30 June 2022 ontlnued 10. ANALYSIS OF MOVEMENT IN RESTRICTED AND UNRESTRICTED FUNDS Opening Balance Income Expenditure Transfer Between fund$ Closing Balance Grants & 8ponsor8hip Awards dinner Sportswear & equip Other income 26,807 11,035 1,465 2.383 {26,8071 {11,0351 11,4651 12,3831 Total Re8tricted Funds 41,690 141,6901 Unrnstrictgd Fund$ 15,2301 155.955 1138.0091 12.716 Total IS.230> 197,645 1179.6991 12.716 Restricted Unrestricted Funds Fund8 Total Fixed Assets Current Assets CLtrront Liabilit188 < 1 yr 48,847 48,847 114.876) 114,8761 21.255 21,255 12.716 Liabilrties > 1 yr Nel Assets 11. RESTRICTED FUND DESCRIPTIONS Restricted funds comprises income received for spectfic purposes. Such purposes are within the overall aims of the charity. P8ge13