COACHING FOR CHRIST LTD. Trustees. report and flnanclal statements for the year ended 28 February 2025 Company No: NIOS8166 Charlty No: XR 91939 CCNI No: NIC103281
COACHING FOR CHRIST LTD. Contents Page Contents Charity information Trustees. report Independent Examiners, report Statement of Financial Activltles Balance Sheet io Notes to the financial statements 11- 16
COACHING FOR CHRIST LTD. Charlty Information for the year ended 28 February 2025 Trustees Mr Donald Coulter (Chairman) Mr Richard Wi150n Mr Adam Strong Mr Mark Beattie Mr John Loughery Mr Stephen Clarke (resigned 31 August 2025) Chlef Executive Officer Mr Stephen Crawford Registered Office 122 Broughshane Street First Floor, Fairhill House Ballymena Co. Antrlm BT43 6EE Company Number N1058166 Charlty Number XR 91939 NIC103281 Independent Examlners 3L Grant 216 Ballyrnena Road Doagh, Ballyclare 8T39 OTP Bankers Bank of Ireland Church Street Ballymena BT43 6DG
COACHING FOR CHRIST LTD. Trustees. report for the year ended 28 February 2025 The Director5 (who are also the trustees) are pleased to present their annual report together with the financial statements of the charity for the year ending 28 February 2025, which are prepared to meet the requirnents for a director5. report and accounts for Companie5 Act purposes. The directors have adopted the pmvisions of the Companies Act 2006 and Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparlng accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (Charities SORP - FRS102), in preparing the annual report and financial statements of the charity. Ref¢reDc• and admin•strativo detalls Registered charity name: Charity Commission registratlon number: HMRC tharlty reference: Company reglstration number: Coaching4Christ NIC103281 XR 91939 N1058166 Dirertors and Trustees of the Companv The dlrectors who held office durlng the year were as follows: Mr Donald Coulter (Chairman) Mr Richard Wilson Mr Adam Strong Mr Mark 8eattie Mr John Loughery Mr Stephen Clarke Structlirei governance and management The Company is a charlty Ilmlted by guarantee without share capital whlch avails of the "Llmited. exemption. The company is governed by Its Memorandum and Articles of Assoclatlon dated 15 February 2006 and updated in January 2022. In the event of the Company being wound up members are requlred to contrlbute an amount not exceedlng £10. The Board Is responsible for the overall governance of the Company and Is actlvely Involved in the day to day management of the organisation. Dirertors a appointed in line with the Memorandum & Articles of Assoclatiorl of the company. The Board of Dlrectors are also known as Trustees for the purposes of the Charlty Commission. Appointment of Trustees As set out in the Articles, Direttor5 of the Company {who serve as Trustee5 of the Charity for the purp05e5 of Charlty Law) are elected by the members of the companyi or can be co-opted by the Directors. Trustee Inductlon and Tralnlng Incoming Members of the Board of Directors are aware of the alms and objectives of the Charity and the manner in which the Trustees carry out their responsibilities. The Chair, supported by the Chief Executive, oversees an induction process for new Directors, who are provided with key éocuments, including thè Articles of Association of the company. An oveNlew of the operatlons of the company is provided by the Chief Executive and new Directors are afforded the opportunity to meet with key staff and view the key elements of the company's operations.
COACHING FOR CHRIST LTD. Trustees. report for the year ended 28 February 2025 Oryanisation The Board of Trustees administers the Charity. The Board meets a minimum of 4 times per annurn. The operations of the charity are managed on a day-to-day basis by a Chief Executive, appointed by the Board of Trustees. Risk management The directors have conducted a review of the major rlsks to whlch the charlty Is exposed. Financial rlsk is reviewed on a monthly basis having due regard to ongoing income and expenses. Objectives and Activitie5 (and how they dellver publlc beneflt) The Company is a non-profit making entity. The principal activity of Coaching4Chrlst Is that ol a charity which 15 registered accordlng to the law of Northern Ireland to advance the Christian faith via sport. The Minlstry operates in 6 aspects:. youth development through our Youth Academy (5-12 year olds) League teams (13-17 year olds) our schools work (5-18 year olds), summer camps and International work, with support in all of this through our Prayer Warriors. In setting our objectives and plannin9 our activities for the year the trustees have given careful consideration to the Chanty Commisslon for Northem Ireland's guidance on public benefit to ensure that the activities have helped to achleve the charity's purposes and provlde a beneflt to its beneficiaries. Achlevem Our Youth Academv has agaln seen growth in the last year, not Just in kids corning but also with new volunteer coaches coming on board. As well as this we are now offering a Young Volunteering Inltlatlve to our players from the u 17 team who wlsh to volunteer as part of thelr DOE award, allowing these young people to grow and develop as leaders whllst received training and mentoring. On a weekly basis between our Youth Academy and Schools Mlnlstry we have the prlvllege of Mlnlstry to and coachlng 2,000 young people Our Youth Academy runs from Monday-Thursday evenings with matches on Friday nights and Saturday's. Offering 3 areas of coaching - social, development and league football no-one Is excluded. We have now have 12 teams in the South Belfast League, and they are performing very well. In September we introduced our Friday evening soccer sessions for kids aged 8-10 and CFC mini's which allows chlldren from age 5 to 8 to come along to the coachlng sesslons on Saturday mornings. From this they progress right up through CFC until the age of 18, Every evenlng at our varlous coaching locations throughout mid and East Antrim the young people take part in the sessions which include development both on and off the pitch through group discussions on bibllcal storles and toplcal 155ues. These values for life are from a faith-based perspective and help engage young people who have never encountered the Christian faith, see a real modern-day example of how to have a relationship with God. For any young person who already has a relationship with God we help disciple them throughout their time with us by the coaches offering mentoring in small groups. We place a high value on our Volunteers. many who serve two nights a week and/or 3 Friday night or a Saturday morning or afternoon and offer many other opportunltles such as coach education, coach mentoring and coachlng badges. We are very privileged to be invited into schools in the mid and east antrim area - 18 in total including primary and secondary level, whlch allows us to share the Gospel with 1700 young people weekly.
COACHING FOR CHRIST LTD. Trustees. report (continued) for the year ended 28 February 2025 nt Alongside this we offer programmes which are age relevant and offer help around issues that the young people are facing, such as bullylng, poor mental health and low self-worth. The recorded outcomes have been very encouraging so much so that we have been asked to outreach into more schools In the wider N.1. area. The Vlslon for our schools, work Is tremendous and we are worklng alongside the schools to offer Leadership Training and Development. Along with our services being availed of as part of the PE and sports curriculum we are also involved in running 3 of the schools football teams. As the relatlonshlp with schools grows the coaches are gettlng more opportunities to share in School Assemblies. We currently have a waitin9 list of 30 schools, and we contlnue to offer opportunities for further volunteer coaches to help make all this reality. In the month of May we launched school festival days, where we go Into I school for the whole day offerlng coaching and sharing the beautiful Gospel message. This is then repeated in all our schools throughout the month. We hove 2 coaches progressing onto completing thelr'A' Ilcence, In the next two years. In the last year, 2 intems came on board for a year wlth CFC. In partnership with Stranmillis College, Belfast we offer 2-week placement to final year students to help them experlence the Ministry and allow them opportunity to use their gifts to serve others. A number of these students have Joined the team on overseas misslon, wlth others ccmlng onto our Intemship Programme. In the last year we had teams runnin9 summer camps locally all over Ireland, north and south, also In Spain , north and south and Indonesla. Allowlng us to expand the reach Into the Natlons. Thls year wlll have been our Ilth year in the Cordoba region of spain. Talk-plans based on scriptures, written by two of our full-tirne tearn to complement the plans already used, have been implemented and used widely within our own Youth Academy and Schools, they have also been seen by our mlsslon partners who wish to see them translated into Spanish. Two highllghts of the mlnlstry must be noted as we celebrated 20 years of Ministry in February and sent our first overseas full-time missionary to Atlanta, Georgia in the USA Whe he will set up CFC. Coaching for Christ ministry was founded to see lives and communltles transformed by Chrlst through sport; the Vision of whlch has always been to have our own outdoor facility to accommodate the ever-growing Youth Academy and we continue to look for a site in the Mid and East Antrim area as a home for our Youth Academy and to allow us to grow. Isaiah 54 v 2-3 -Enlarge the place of your tent and let them stretch out the curtalns of your dwellin9s' Do not spare; lengthen your cords and strengthen your stakes. For you shall expand to the right and to the lef¢ and your descendants wlll Inherlt the nations. and make the desolate" Multi lication In summer of 2024 we travelled to North Spain and have establlshed a further link in thi5 country with church planters who wish to plant CFC in Spain. February 2025 saw u5 sending our fFrst missionary to the USA to plant the work there.
COACHING FOR CHRIST LTD. Trustees, report (contFnued) for the year ended 28 February 2025 ne With eternity in mind all we do is to Glorify God by our lives and 'Go make disciples., in the last year we give Praise to God for Saving 50u15, for adding volunteers and supporters. We would also like to acknowledge those who 5UPPOrt the work, through prayer, serving or financially, you are all part of Ministry and we are truly thankful for each of you. For the faithfulness for each volunteer, Director, full time team, thank you. Everythin9 we do is overseen by our Team of Prayer Warriors, ever expanding In number. This committed group cover each coach and the work daily In prayer. We consider them the backbone of CFC. During the year the charity received donations totalling £303,286 and had expenditure of £281,610. At the year end the charity had £189,060 of unrestricted liquid funds to meet the continuing running costs of the company. The company plans to contlnue Its actlvltles In the forthcomlng years. The reserve pollcy of Coachlng4Chrlst Is to alm to hold reserves of 6 months of unrestrlcted running costs. At present Coaching for Christ have unrestricted reserves equal to 9 months unrestricted running costs. Coaching for Christ ministry was founded to see lives and communities transfomied by Christ through Sport; the Vision of which has always been to have our own outdoor facility to accommodate the ever-growing Youth Academy and we continue to look for a site in the Mid and East Antnm area as a home for our Youth Academy and to allow us to grow. Isalah 54 v 2-3 "Enlarge the place of your tent and let them stretch out the ¢urtain$ of your dwellings. Do not spare. lengthen your cords and strengthen your stakes. For you shall expand to the right and to the le and your descendants will inherit the nations, and make the desolate" The charity does not hold any funds on behalf of others. This report has been prepared in accordance with the special provisions relatlng to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
COACHING FOR CHRIST LTD. Trustees, report (continued) for the year ended 28 February 2025 tement f The dirertors (who are the trustees of Coaching for Chrlst Ltd.) are responsible for pparIng the directors, report and the financial statements in accordance with applicable law and regulations. Company law requires the directors to prepare financial statements for each financlal year. Under that law the dlrectors have prepad the financial statements In accordance With Unitecl Kingdom Generally Accepted Accounting Practice (Unlted Kingdom Accounting Standards and applicable law). Under Company law the directors must not approve the financial statements unles5 they are satisfied that they give a true and falr view of the state of affairs of the charitable company and of the Incorning resources and application of resources, including Income and expenditu for that period. In preparing these financial statements, the dlrectors are required to: select sultable accounting policies and apply them consistentlyi observe the methods and principles in the Char5ties SORP-FRSIO2; make Judgements and accounting estimates that are reasonable and prudent. state whether appllcable accounting standards have been followed, subject to any material departures disclosed and explalned in the financial statement,. and prepare the flnancial statements on the going concern basis unless It Is Inapproprlate to presume that the company will contlnue In buslness. The directors are responsible for keeplng adequate accounting records that are sufficient to show and explain the charitable company's transactions and disc105e with reasonable accuracy at any tlme the financial p051tion of the charltable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responslble for safeguarding the assets of the charltable company and hence for taklng reasonable steps for the preventlon and detection of fraud and other irregularities. statement ol Dlsclosure to our Ind•pendent Examiners In the case of each dlrector In office at the date the Directors, Report is approved: so far as the dlrertor is awa, there Is no relevant accounts information of whlch the charity's Independent examiner5 are unaware. and they have taken all the steps that they ought to have taken as a director in order to make themselves aware of any relevant accounts Information and to establish that the charltable company's Independent examlners a aware of that informatlon. ed on behalf of t i&ol trustees 0% 1£. MrDo ald Coulter or Date
Report of the Independent Examlners to the trustees of Coaching for Christ Ltd. (a company lirnited by guarantee) I report to the trustees on my examination of the financial statements of Coaching for Christ Ltd. (the charity) for the year ended 28 February 2025. Responslbllltles and basls of report As the trustees of the charity (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (the 2006 Act). Having satisfied myself that the financial statements of the charity are not qUIred to be audited under Part 16 of the 2006 Act and are eligible for independent examlnatlon, I report In respect of my examination of the charity's financial statements carrled cut under section 65 of the Charltle5 Act (Northern Ireland) 2008 (the 2008 Art). In carrying out my examination I have followed all the applicable Directions given by the Charity Comrnission under sectlon 65(9)(b) of the 2008 Act. Independent •xamlner's stst•ment I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: l accountlng recorés were not kept In respect of the charlty as required by section 386 of the 2006 Act; or 2 the flnanclal statements do not accord with those records; or 3 the financial statements do not comply with the accounting requlrements of sectlon 396 or the 2006 Act other than any requirement that the accounts give a true and fair view which Is not a matter consldered as part of an Independent examination; or 4 the financial statements have not been prepared in accordance with the methods and prlnciples of the Statement of Recommended Practice for accounting and reportlng by charities applicable to charities preparing their accounts in accordance wlth the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). I have no concerns and have come acr055 no other matters in connectlon wlth the examlnatSon to which attention should be drawn in thls report In order to enable a proper understanding of the financlal statements to be reached. Dated: .S..... 2azs Lowry Grant FC for, and on behalf of, JL Grant 216 Ballymena Road Doagh, Ballyclare BT39 OTP
COACHING FOR CHRIST LTD. statement of FlnancSal Activities (incorporating an Income and Expenditure account) for the year ended 28 February 2025 2025 Total 2024 Total Motes Unrestrlcted Restrlcted Income and endowments from: Donatlons 152,932 3,500 156,432 166,609 Charitsblè Activities 95,502 44,921 140,423 134,064 Other Trading Activities 1,337 1,337 7,101 Inv•stm•nt Incom• loo Total Income and Endowménts 254,865 48,421 303,286 307.874 Expendltur• on: Raising Funds 135 135 2,439 Charltable Artlvltles 230 117 281475 290 702 Total Expenditure 230,252 51,358 281,610 293,141 Net Income for the Year Transfers between funds Loss on disposal of fixed assets (115,132) Net movement in funds 100 399 Reconciliation of Funds: Fund Balances Brought Foard li 171,516 39,143 210,659 311,058 Fund Balances Carried Forward li 196 129 232 335 210 659 All income derives from contlnulng activities, therefore no statement of recognlsed gains or losses is given. The statement of financlal activities also complies wlth the requlrements for an Income and expenditure account under the Companies Act 2006. The notes on pages 11 to 16 form an Integral part of these financlal statement$.
COACHING FOR CHRIST LTD. Balance Sheet as at 28th February 2025 Notes 2025 2024 Flxed assets Tangible Assets 11,278 17,958 Current assets Debtors Cash at bank & in hand 7,549 222 993 230,542 12,204 202,108 Credltors: amounts falllng due wlthln one year 9,485 9,407 Net Current Assets 221,057 192,701 Total assets less current IlabllltSes 232,335 210,659 Nat a$s•ts 232 335 210 659 Funds Unrestrirted: General Funds io 196,129 171,516 Restricted Funds 36,206 39,143 io 232 335 210 659 The company is entitled to the exemption from the audit reQuirnent contained in section 477 of the Companies Act 2006, for the year ended 28 February 2025. No member of the company has deposlted a notice, pursuant to section 476, requiring an audit of these financial statements. The trustees acknowledge thelr responsibilities for ensuring that the charlty keeps accounting records which comply wlth section 386 of the Act and for preparlng financial statements which give a true and fair view of the state of affairs of the company as at the end of the financlal year and of its incomlng resources and appllcation of resources, including its income and expenditure, for the flnanclal year In accordance wlth the requirements of sections 394 and 395 and whlch otherwise comply wlth the requlrements of the Companles Act 2006 relating to financial statements, so far as applicable to the cornpany, These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companie5 regime. The fi ncial ta re approved by the Board and signed on Its behalf: MrDo Id Coulter Date or Company No: N1058166 The notes on pagès 11 to 16 form an Integral part of these flnanclal statements. 10
COACHING FOR CHRIST LTD. Notes to the Flnanclal Statements for the year ended 28 February 2025 I. ACCOUNTING POLICIES The principal accounting policie5 adopted, judgements and key sources of estimatlon uncertainty In the preparation of the financial statements are as follows: a) Basis of preparation The financial statements have been prepared in accordance with Accounting and Reporting by Charitie5: Statement of Recommended Practice applicable to charities preparinq their accounts in accordance with the Financial Reportlnq Standard applicable in'the UK and Republic of Ireland (FRS 102) (effectlve l January 2019) - (Charitles SORP (FRS 102), the Flnancial Reportinq Standard applicable In the UK and Republlc of Ireland (FRS 102) and the Companies Act 2006. Coachinq for Christ meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initiallv recoqnised at historical cost or transaction value unless otherwise stated in the relevant accountinq Dolicv notels). b) Preparation of the accounts on a qoinq concern basls At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable fijture. Thus the trustees continue to adopt the qoinq concem basis of accountinq in pregarinq the financlal statements. c) Fund Accounting Unrestricted funds are funds which are available for use at the discretion of the Trustees In furtherance of the general objectives of the Charity and which have not been designated for other purposes. Restrlcted funds are funds which are to be used in accordance with specific restrictions imposed by dcnors or which have been raised by the Charity for particular purposes. The cost of ralsing and adminlstering such funds are charyed against the specific fund. The aim and use of restricted funds is set out in the notes to the financial statements. Restricted funds may only be transferred to general or designated funds once the criteria for restriction have been discharged or no longer apply. d) Income Income is recoqnised when the charity is leoallv entltled to it after any performance condltlons have been met. the amount5 can be measured reliablv. and it is probable that Income wlll be received. Cash donations are recoqnised on receipt. other donations are recoqnised once the charity has been notified of the donatlon. unless performance conditions reouire deferral of the amount. Income tax recoverable In relation to donatlons recelved under Gift Aid or deeds of covenant is recoqni5ed at the time of the donation. e) Donated servlces and faclllties In accordance with the Charities SORP (FRS 102), the qeneral volunteer time of supporters is not reco9nised. n Expendlture and irrecoverable VAT Expenditure is recognised once there is a legal or constructive obligation to make a payment to third partyi it is probable that settlement will be required and the amount of the obligation can be measured reliably, Expendlture Is classlfled under the following attivity heading.. Expenditure on charitable artivities comprises those costs Incurred bv the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activitie5 and those cost5 of an Indirect nature necessary to support them.
COACHING FOR CHRIST LTD. Notes to the Financial Statements for the year ended 28 February 2025 I. ACCOUNTING POLICIES ctd... fl Expenditure and Irrecoverable VAT ttd... All costs are allocated between the expenditure categorles of the Statement of Financial Activlties on a basis designed to reflect the use of the resource. Cost5 relating to a particular activity are allocated directly, others are apportioned on an appropriate basis. IrCOverable VAT is charged as a cost against the actlvlty for whlch the expenditure wa5 incurred. g) Tangible flxed assets and depreclatlon Tangible fixed assets are stated at cost less depreciatlon. Depreciation is provided at rate5 calculated to write off the cost or valuation of fixed assets, les5 their estimated resldual value, over their expected useful lives on the following basis: Offlce equipment 200/0 reducing balance Gym equipment IO% on cost Sports clothing and equlpment 50010 on cost The carrylng values of tangible fixed assets are reviewed for irnpairment when events or circumstances Indlcate the carrying value may not be recoverable. h) Debtors Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid after taking account of any trade dlscounts due. i) Cash at bank and In hand Cash at bank and cash in hand includes cash and short term current accounts. J) Credltors and provisions Creditors and provisions are recognlsed where the charity has a present obligation resulting from a past event that wlll probably result in the transfer of funds to a thlrd party and the amount due to settle the obligation can be measured or e5tlrnated rellably. Creditors and provisions are normally recogni5ed at their settlement amount after allowing for any trade dlscounts due. k) Financial instruments The trust only has financial assets and flnanclal Ilabllltles of a klnd that qualify as basic financlal instruments. Baslc flnancial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at the carrying value plus accrued interest le55 repayments. The financing charge to expenditu is at a constant rate calculated uslng the effective interest method. 11 Taxatlon The company is a reglstered charity and the charitable tax exemptions are therefore belng clalmed to the extent that income and/or gains are applicable and applied to charitable purposes only. These exemptions will remain In place as long as income and expenditure Is applied to charitable purposes only. 12
COACHING FOR CHRIST LTD. Notes to the Flnanclal Statements for the year ended 28 February 2025 I. ACCOUNTING POLICIES ctd... m) Crltical accounting estimates and judgements In the application of the charity's accounting pollcles, the trustees are required to make judgements, estimates and assumptions about the carrylng amount of assets and liabilities that are not readlly apparent from other sources. The estimates and associated assumption5 are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are revieweé on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revislon affects only that period, or In the period of the revision and future periods where the revision affects both current and future perlods. 2. RESULTS FOR THE YEAR The result for the year has been arrived at after charging the following:" 2025 2024 Depreciation 3. EMPLOYEE INFORMATION 2025 2024 staff Costs Wages, Salaries and Pensions Pension 46,238 43,992 Average monthly number of persons employed by the company during the period.. Directors Management Administration Number Number There were no hlgh pald staff with no employee receiving over £60,000. Pension costs are allocated to activities in proportion to the related staffing costs incurred and are wholly charged to unrestricted funds. The charity trustees We not paid or received any other benefits from employment with the charity, neither were they reimbursed expenses during the year (2024: (nil). 13
COACHING FOR CHRIST LTD. Notes to the Flnancial Statements for the year ended 28 February 2025 4. FIXED ASSETS Motor Vehicle Equipment TOTAL COST At l March 2025 Additions Disposals At 28 February 2025 124,571 964 6,750 131,321 964 125,535 6,750 132.285 DEPRECIATION At l March 2025 Disposals Charge for the year At 28 February 2025 112,013 1,350 113.363 6,294 118,307 1,350 2,700 7,644 121.007 NET BOOK VALUE At 28 February 2025 7,228 4,050 11,278 At 29 February 2024 12,558 5,400 17,958 5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Gift aid refund O. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Trade Creditors other Creditors and accruals 3,012 14
COACHING FOR CHRIST LTD. Notes to the Financial Statements for the year ended 28 Febrnary 2025 7. INCOME Unrestricted Restricted Funds Funds 2025 Total 2024 Total Income and Endowments from: Donatlons General donations Donations - projects Tax COvered on donatlons Donations from C4C Unite 142,555 2,340 8,037 3,500 146,055 2,340 8,037 133,274 2,514 18,267 The 2024 total of £175,109 was splt £170,109 unrestrlcted and £5,000 restricted. Unrestrlcted Restrlcted Funds Funds 20Z5 Total 2024 Total Charltable Activiti•* Trip contributions Kit sponsorshlp and Income Youth academy donations Grants received TBF Thornpson Youth Academy Donation Benefact Trust Other Income 23,586 2,207 23,586 2,207 75,152 1,628 9,500 8.500 20,721 3,450 86,249 1,200 75,152 500 1,128 9,500 8,500 8,500 The 2024 total of £125,564 was spllt £100.193 unrestricted and £25,371 restricted. 8. EXPENDITURE Unrestrirted Restrlcted Funds Funds 2025 Total 2024 Total Expenditure on: Charltsble Actlvltles Project resources expended Wages and salaries Running costs Depreclation Other expenses 73,778 48,906 82,975 5,743 45,909 119,687 48,906 86,523 7,644 123,868 46,465 87,930 7,750 3,548 1,901 li The 2024 total of £290,702 was split £262,255 unrestrlcted and £28,447 restricted. 15
COACHING FOR CHRIST LTD. Notes to the Financial Statements for the year ended 28 February 2025 9. RESTRICTED PROGRAMME FUNDS Balance at Incoming 113124 Resources Resources Expended Transfers Balan at 2812125 Bible Project International Travel and Trips Kit sponsorship and Income Other TBF Thompson Capital TBF Thompson Youth Academy Project 206 Stadium Projert Lynas Charitable Trust Capital Walter Watson Charitable Trust Capital Mid and East Antrim Council MB Motors Benefact Trust Capital Donation 175 2,116 175 23,586 (25,702) 2,207 (2,207) 37 1,710 37 1,209 (501) (9,500) 9,500 20,705 10,000 200 20,705 10,000 (200) 200 (200) (1,128) (2,420) (8,500) ( 1,000) 1,128 3,500 8,SOO 1,080 4,000 3,000 39,143 48,421 (51,358) 36,206 10. ANALYSIS OF NET ASSETS BETWEEN FUNDS Unrestricted Restrlrted Funds Funds Total Fund balances at 28 February 2025 are represented by: Tangible assets 7,069 Net current assets 189,060 4,209 31,997 11,278 221,057 196 129 232 335 11. RELATED PARTIES Durlng the year Coachlng for Christ Ltd received donations from the related party C4C Unite of £nil (2024: £12,554). There was £nil owed at the year end. 16