E.Sign ID.. d5113b6c-71d2-4563-b218-46b11191 b922 Charity registralion number.. 103310 Rossglass County Football Club Financial Statements Year Ended 30 June 2023 KPS Chartered Accountants Chartered Tax Advisers Registered Auditors 35 Irish Street Downpatrick Co. Down BT30 6BW E-sign ID.. d5113b6c-71d2-4563-b218-46b11191b922 Rossglass County Football Club Financial Statements Year Ended 30 June 2023 Contents Page Charity Reference and Administrative Details Trustees, Annual Report Independent Examinerfs Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements 24 8-11 E-sign ID.. d5113b6c-71d2-4563-b218-46b11191b922 Rossglass County Football Club Charity Reference and Administrative Details Year Ended 30 June 2023 Charity registration number 103310 Trustees Oliver Burke Fintan Bradley Ciaran Morrison Andrew McKibben Accountants KPS Chartered Accountants Chartered Tax Advisers Registered Auditors 35 Irish Street Downpatrick Co Down BT30 6BW Banker5 Santander Bank 49-51 Market street Downpatrick Co. Down BT30 6LP E￿ign ID.- d5113b6c-71d24563*J218-46b11191 b922 Rossglass County Football Club Trustees Annual Report Year Ended 30 June 2023 The Trustees present their report and the independently examined financial statements of the charity for the year ended 30 June 2023 The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) "Accounting and Reporting by Charities" in preparing the annual report and financial statements of the charity. Trustees of the charity The trustees who have served during the year and since the year end were as follows.. Mr Oliver Burke Mr Fintan Bradley Mr Ciaran Morrison Mr Andrew McKibben Objectives and activities The objective of the Charity is to provide quality, voluntary, professional football coaching for children of all ages from 5 to senior levels. Rossglass County FC develops players in a positive, development-based environment. The scope of Rossglass County FC provides players the best opportunity to develop as footballers and as people. During the year the club provided weekly football coaching sessions to all age groups along with providing the opportunity to participate in competitive football tournaments in furtherance of the above objective. Public benefit statement In setting our objectives and planning our activities for the year the trustees have given careful consideration to the Charity Commission for Northern Ireland's guidance on public benefit to ensure that the activities have helped to achieve the charity's purposes and provide a benefit to the beneficiaries, Achievements and performance Rossglass County Football club had approximately 150 members during the year. First Kickers - aged 5-6, participated in training each week at Bright Community Hall and friendly games were organised against olher local teams every month to give the children experience of playing against other teams in a safe and fun environment. Our Under 8 & Under 10 teams participated in 7 aside matches at the Small Sided Games at St. Patricks Grammar School every Sunday Monday. The children also trained once a week at the same location. Our under 12 & 14 teams competed in the Downpatrick Youth League on Saturday mornings. The Under 12 League was classed as developmental, g aside and was non-competitive. The Under 14 team played competitively in a league format. Both teams competed in Cup competitions. The Under 16 team joined the Lisburn League for the first tirne and were highly competitive corning second in the League and being narrowly defeated in the semi-finals of the cup competition. Three members of the Under 16 squad were chosen to represent the League at the Foyle Cup Tournament. The club has two senior football teams. The 'Firsts" play in the Premier Division of the Newcastle League while our 'Seconds' play in Division 2 of the same League. It was a disappointing season for the Firsts finishing bottom of the table, However, the club were not relegated to the first division by the Newcastle League and will continue to compete in the Premier division next season. The senior manager Oliver Burke resigned in June 2023. E-sign ID.. d5113b6c-71d2-4563-b218-46b11191 b922 Rossglass County Football Club Trustees Annual Report Year Ended 30 June 2023 The club secured a £500 grant from the Barclays Football Community Fund and organised various fundraising activities from 'Last Man Standing" Take Your Pick" and "Bonus Ball" competitions. Financial review The results for the year are set out in detail on pages 6 to 11. The club had a net deficit in the year of £2,393. At 30 June 2023. the tolal funds of the charity amounted to £237 comprising of restricted funds of £500 and unrestricted funds of (£263). Our aim as a club is not to exist for the primary purpose of making a profit but to further the interest of our members and local community. Any retained reserves will ultimately be invested back into the club for the benefit of the members or donated to other charitable organisations to benefit the local community. Reserves policy Sound financial control and a robust policy of charging sensible membership, players dues, football gear and gate receipts rates for the use of the facilities ensure we have healthy reserves to ensure we cope with any unforeseen costs that may arise. Plans for future periods To appoint a new First Team Coach for the coming season. To move match fees and training fees away from coaches collecting cash to a more sustainable monthly payment scheme. To ensure all coaches have their Access Nl checks up to date and a new safeguarding course to be completed before the start of the new season. To renew the Service Level Agreement we have with Newry Mourne & Down District Council for Senior home games to be provided at Dunleath Playing fields in Downpatrick. To organise a fundraising Golf Toumament to supplement Income. To investigate the possibility of acquiring land on a long-term lease to create a home pitch in the BallynoelRossglass area for our members. Structure, governance and management Rossglass County Football Club is run by 4 trustees which is small but well balanced and has served us well. Many hours are given free of charge to ensure the smooth running of the club and we are committed to providing facilities for and to promote participation in the amateur sport of football in the Downpatrick area and its environs in Co Down. Trustees, responsibilities ststement The trustees are responsible for preparing the Trustees. Annual Report and the financial statements in accordan￿ with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The law applicable to charities in Northern Ireland requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to.. select suitable accounting policies and then apply them consistently" observe the methods and principles in the Charities SORP 2019 (FRS 102)., make judgements and estimates that are reasonable and prudent., state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements., prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the E-sign ID.. d5113b6c-71d2-4563-b218-46bll191b922 Rossglass County Football Club Trustees Annual Report Year Ended 30 June 2023 financial statements comply with the Charities Act (Northern Ireland) 2008, the Charities (Accounts and Reports) Regulations (Northern Ireland) 2015 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. 2610412024 Signed on behalf of the board of trustees on F Bradley 2610412024 16'.06.'47 Mr Fintan Bradley Trustee Rossglass County Football Club Independent Examiner's Report Year Ended 30 June 2023 Independent Examiner's Report to the Trustees of Rossglass County Football Club I report on the accounts of the charity for the year ended 30 June 2023 which are set out on pages 1 to 11. Respective responsibilities of trustees and examiner As the charity's trustees you are responsible for the preparation of the accounts in accordance with the Charities Act (Northern Ireland) 2008. It is my responsibility to: examine the accounts under section 65 of the Charities Act (Northern Ireland) 2008., follow the procedures laid down in the general Directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charities Act; and state whether particular matters have come to my attention. Basis of independent examinerfs report I have examined your charity accounts as required under section 65 of the Charities Act and my examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charities Act. My examination included a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also included consideration of any unusual items or disclosures in the accounts and seeking explanations from you as charity trustees concerning any such matters. My role is to state whether any material matters have come to my attention giving me cause to believe.. 1. That accounting records were not kept in accordance with section 63 of the Charities Act", 2. That the accounts do not accord with those accounting records" 3. That the accounts do not comply with the accounting requirements of the Charities Act,. and 4. That there is further information needed for a proper understanding of the accounts to be reached. Independent examiner's statement I have completed my examination and have no concerns in respect of the matters (1) to (4) listed above and, in connection with following the Directions of the Charity Commission for Northern Ireland, I have found no matters that require drawing to your attention. KPS Ch rtered Accountants Chartered Tax Advisers Registered Auditors 35 Irish Street Downpatrick BT30 6BW Date.. E-sign ID.. d5113b6c-71d2-4563-b216-46b11191b922 Rossglass County Football Club Statement of Financial Activities Year Ended 30 June 2023 Unrestricted Restricted funds Funds Total Note Funds Donations Charitable activities Fundraising Investment income Total income 500 500 13,563 3.814 13,563 3,814 17,378 500 17,878 Expenditure on: Charitable activities Governance Total expendlture 19.791 480 20,271 19,791 480 20,271 Net funds l (deficit) (2,893) 500 (2,393) Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward (2,893) soo (2.393) 2,630 (263) 2,630 237 500 All income derives from continuing activities. The statement of financial activities includes all gains and losses recognised during the year E-slgn ID.. dS113b6c-71d24563.b218-46b11191b922 Rossglass County Football Club Balance Sheet Year Ended 30 June 2023 2023 Note Current assets Cash at bank and in hand 717 717 Creditors: amounts falling due within one year Accrued Expenses 480 480 237 237 Net current assets Total assets less current liabilities Creditors: amounts falling due after more than one year Net assets 237 Charity Funds Unrestricted funds Restricted funds Total charity funds (263) 500 237 2610412024 Signed on behalf of the board of trustees on F Bradley 2610412024 16:06'.47 Mr Fintan Bradley Trustee E-sign ID.. d5113b6c-71d24563-b218-46b11191b922 Rossglass County Football Club Notes to the Financial Ststements Year Ended 30 June 2023 Summary of significant accounting pollcies (a) General information and basis of preparation The charity constitutes a public benefit entily as defined by FRS 102. The financial Statements have been prepared in accordance with Accounting and Reporting by Charities: statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), and UK Generally Accepted Accounting Practice. The financial statements are prepared on a going concern basis under the historical cost convention, modified to include certain items at fair value. The financial statements are presented in sterling which is the functional currency of the charity and rounded to the nearest £. The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated. (b) Funds Unrestricted funds 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. Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted *und is set out in the notes to the financial statements. (c) Income recognition All incoming reSoUr￿S are included in the Statement of Financial Activities (SOFA) when the charity is legally entitled to the income after any performance Conditions have been met, the amount can be measured re5iably and it is probable that the income will be received. For donations to be recognised the charity will have been notified of the amounts and the settlement date in writing. If there are conditions attached to the donation and this requires a level of performance before entitlement can be obtained then income is deferred until those conditions are fully met or the fulfilment of those conditions is within the control of the charity and it is probable that they will be fulfilled. Donated facilities and donated professional services are recognised in income at their fair value when their economic benefit is probable, st can be measured reliably and the charity has control over the item. Fair value is determined on the basis of the value of the gift to the charity. For example. the amount the charity would be willing to pay in the open market for such facilities and services. A corresponding amount is recognised in expenditure. No amount is included in the financial statements for volunteer time in line with the SORP (FRS 102). Further detail is given in the Trustees. Annual Report. (d) Expenditure recognltion All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Expenditure is recognised where there is a legal or constructive obligation to make payments to third parties, it is probable that E-sign ID.. d5113b6c-71d2-4563-b218-46b11191b922 Rossglass County Football Club Notes to the Financial Ststements Year Ended 30 June 2023 the settlement will be required and the amount of the obligation can be measured reliably. It is categorised under the following headings: Costs of raising funds includes of draw expenditure; Expenditure on charitable activities includes costs associated with running the club; and Other expenditure represents those items not falling into the categories above. {e} Admlnlstratlon costs allocatlon Administration costs are those that assist the work of the charity but do not directly represent charitable activities and include office Gosts and governance costs. They are incurred directly in support of expenditure on the objects of the charity. Where administration costs cannot be directly attributed to particular headings they have been allocated to cost of raising funds and expenditure on charitable activities on a basis consistent with use of the resources. The analysis of these costs is included in note 5 and note 6. (fj Tangible fixed a55ets Tangible fixed assets are stated at cost (or deemed cost) or valuation less aGcumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended. {g) Stocks Stocks are stated at the lower of cost and estimated selling price less costs to Complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing stock to its present location and condition. Cost is calculated using the first-in, first- out formula. Provision is made for damaged. obsolete and slow-moving stock where appropriate. (h) Debtors and creditors recelvable I payable within one year Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impaimient are recognised in expenditure. {1) Going concern The financial statements have been prepared on a going concern basis as the trustees believe that no material uncertainties exist. The trustees have consiijered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure is sufficient with the level of reseNes for the charity to be able to continue as a going concern. Income from donations 2023 Grants 500 500 Income for grants was attributable to restricted funds. E-sign ID.. d5113b6c-71d2-4563-b218-46b11191 b922 Rossglass County Football Club Notes to the Financial Statements Year Ended 30 June 2023 Income from Gharitable activities 2023 Sponsorship Donations Traininglmatch Fees Membership 120 2,462 8.143 2,838 Income from charitable activities was attributable to unrestricted funds. Fundraising 2023 Fundraising events 3,814 3,814 Income from fundraising activities was attributable unrestricted funds. Income from investments 2023 Bank interest received Income from investments was attributable to unrestricted funds Analysis of expenditure on charitable activities Administration costs 2023 Total Entry Fees & Fines Training Hire Costs Insurance Sports Gear & Equipment Prize Costs Fundraising Costs Telephone Website Subscription Sundry Expenses 3,753 6,435 711 6,874 801 583 70 190 374 3,753 6,435 711 6,874 801 583 70 190 374 Governance Costs 2023 Independent examiner's remuneration 480 480 10 E-sign ID.. d5113b6c-71d2-4563-b218-46b11191b922 Rossglass County Football Club Notes to the Financial Statements Year Ended 30 June 2023 Creditors: amounts falling due within one year 2023 Accruals 480 480 Fund reconciliation Unrestricted funds Balance at 1 July 2022 Balance at 30 June 2023 Income Expenditure Transfers General funds 2,630 17.378 (20,271) (263) Restricted Funds Balance at 1 July 2022 Balance at 30 June 2023 Income Expenditure Transfers Barclays Community Football Nl Fund 500 500 Fund descriptions Unrestricted funds Comprise fund5 that the trustees are free to use in accordance with the charity's objectives. Restricted Funds Barclays Community Football Nl Fund - This is a specific grant towards holding an under 8 tournament to encourage more children to play for the football club.