Charity registration number: 103310 Rossglass County Football Club Financial Statements Year Ended 30 June 2024 KPS Chartered Accountants Chartered Tax Advisers Registered Auditors 35 Irish Street Downpatrick Co. Down BT30 6BW Rossglass County Football Club Financial Statements Year Ended 30 June 2024 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 Rossglass County Football Club Charity Reference and Administrative Details Year Ended 30 June 2024 Charity registration number 103310 Trustees Oliver Burf(e Fintan Bradley Ciaran Morrison Andrew McKibben Accountants KPS Chartered Accountants Chartered Tax Advisers Registered Audttors 35 Irish Street Downpatrick Co Down BT30 6BW Bankers Santander Bank 49-51 Market Street Downpatrick Co. Down BT30 6LP Rossglass County Football Club Trustees Annual Report Year Ended 30 June 2024 The Trustees present their report and the independently examined financial statements of the charity for the year ended 30 June 2024 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 mC￿.bben Objectives and activitles 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 toumaments 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 Northem 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 perfonnance 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 other 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 Kilmore, Crossgar. The children also trained once a week at the St Patrick's Grammar School or Dunleath Pitches. We had an Under 11 team this season and they to played at Kilmore in Crossgar on Friday evenings and trained like the juniors at the St Patricks Grammar School and Dunleath Playing fields on Wednesday and Monday evenings respectively. Unfortunately. due to coach changes and players leaving the club, we had no under 14 or 16 team this sea50n. The club has trwo senior football teams. The °Firsts° played 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. The club have been relegated to Division 1 and will start a rebuild for the coming season. A new first team coach was recruited, Connor Denver after the resignation of Ollie Burke. Rossglass County Football Club Trustees Annual Report Year Ended 30 June 2024 Match fees and training fees were moved away from coaches collecting cash to a more sustainable monthly payment scheme. All coached have their AGcess Nl checks up to date and new safeguarding courses were completed before the start of the new season. The club made various charitable donations through the year most notably to Marie Curie, through a fundraising charity match held on boxing day and in memory of one of fonner player's rnother. Financial review The results for the year are set out in detail on pages 6 to 11. The club had a net profit in the year of £2,483 {2023: £2,393). At 30 June 2024, the total funds of the charity amounted to £2,720 comprising of restricted funds of £0 (2023: £500) and unrestricted funds of £2,720 (2023: _ £263). Reserves policy Sound financial control and a robust policy of charging sensible membership, players dues, football gear and gate re￿iptS 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 win promotion for the coming season back to the Premier Division. To reach a final of one of the various cup competitions we enter. To re-establish our under 14 and 16 youth teams. 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 continue to investigate the possibility of acquiring land on a long-term lease to create a home pitch in the BallynoelRossglass area for our members. Structure9 governance and management The organisation is an unincorporated association registered as a charity by the Nl Charities Commission in April 2016 (registration number NIC 103310). The Trusts goveming document is its Constitution adopted on 21 De￿rnber 2016. Trustees, responsibilities statement The trustees are responsible for preparing the Trustees, Annual Report and the financial statements in accordance with applicable law and Unrted Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The law applicable to charities in Northern Ireland requires the trustees to Prepa￿ 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; Rossglass County Football Club Trustees Annual Report Year Ended 30 June 2024 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 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. 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. Signed on behalf of the board of trustees on Mr Fintan Bradley Trustee Rossglass County Football Club Independent Examiner's Report Year Ended 30 June 2024 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 2024 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 examinerfs 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 ered Accountants Chartered Tax Advisers Registered Auditors 35 Irish Street Downpatrick BT30 6BW Rossglass County Football Club Statement of Financial Activities Year Ended 30 June 2024 Unrestricted Restricted 2024 funds Funds 2023 Note Funds Donations Charitable activities Fundraising Investment income Total income 500 19,845 13.563 7,641 3,814 19.845 7,641 27,488 27,488 17,878 Expenditure on: Charitable activities Governan Total expenditure 24,025 480 24.505 500 24,525 19,791 480 480 500 25,005 20,271 Net funds l (deficit) 2,983 (500) 2,483 (2,393) Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward 2,983 1500) 2,483 (2,393) {263) 2,720 500 237 2,720 2,630 237 All income derives from continuing activities. The statement of financial activities includes all gains and losses recognised during the year Rossglass County Football Club Balance Sheet Year Ended 30 June 2024 2024 2023 Note Current assets Cash at bank and in hand 3,200 3,200 717 717 Creditors: amounts falling due within one year Accrued Expenses 480 480 2,720 2,720 480 480 237 237 Net current assets Total assets less current liabilities Creditors: amounts falling due after more than one yèar Net assets 237 Charity Funds Unrestricted funds Restricted funds Total charity funds 2,720 (263) 500 237 2,720 Signed on behalf of the board of trustees on Mr Fintan Bradley Trustee Rossglass County Football Club Notes to the Financial Statements Year Ended 30 June 2024 Summary of significant accounting policies (a) General infomiation and basis of preparation The charity constitutes a public benefit entity 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 AC￿pted Accounting Practice. The financial statements are prepared on a going concem 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 othen￿lSe 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 fund is set out in the notes to the financial statements. {c) Income recognition All incoming resources 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 reliably and it is probable that the income will be received. For donations to be recognised the chaiity 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 perf0rrnan￿ 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 theireconomic benefit is probable, it can be measured reliably and the charity has control over the item. Fair value is detemined 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 recognition 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 the settlement will be required and the amount of the obligation can be measured reliably. It is categorised under the following headings: Rossglass County Football Club Notes to the Financial Ststements Year Ended 30 June 2024 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) Administration costs allocation Administration costs are those that assist the work of the charty but do not directly represent charitable activities and include office costs and govemance costs. They are incurred directly in support of expenditure on the objects of the charity. IAlhere 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 assets Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated 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 pri￿ 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 receivable 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 impairment are recognised in expenditure. (i) Going concern The financial statements have been prepared on a going concem basis as the trustees believe that no material uncertainties exist. The trustees have considered 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 concem. Income from donations 2024 2023 Grants 500 500 Income for grants was attributable to restricted funds. Rossglass County Football Club Notes to the Financial Ststsments Year Ended 30 June 2024 Income from charitable activities 2024 2023 Sponsorship Donations Traininglmatch Fees Membership 1,600 120 2,462 8,143 2,838 13,563 14,590 3,655 19,845 Income from charitable activities was attributable to unrestricted funds. Fundraising 2024 2023 Fundraising events 7,641 3,814 Income from fundraising activities was attributable unrestricted funds. Income from investments 2024 2023 Bank interest received Income from investments was attributable to unrestricted funds Analysis of expenditure on charitable activities Administration costs 2024 Total 2023 Total Entry Fees & Fines Training Hire Costs Insurance Sports Gear & Equipment Prize Costs Fundraising Costs Telephone Website Subscription Sundry Expenses Referee Fees Staff Training Credit Card Charges Charitable Donations 4.748 5,677 402 3,264 1,663 3,457 4,748 5,677 402 3,264 1,663 3,457 3,753 6,435 711 6,874 801 583 70 190 374 591 127 269 128 225 3,974 591 127 269 128 225 3,974 24,525 24,525 19,791 £500 (2023: £nil) of the above costs were attributable to restricted funds. £24,025 (2023: £19,791) of the above costs to attributable and unrestricted funds. 10 Rossglass County Football Club Notes to the Financial Statsments Year Ended 30 June 2024 Governance Costs 2024 2023 Independent examiner's remuneration 480 480 480 480 Creditors: amounts falling due within one year 2024 2023 Accruals 480 480 480 480 Fund reconciliation Unrestricted funds Balance at 1 July 2023 Balance at 30 June 2024 Income Expenditure Transfers General funds (263) 27,488 (24,505) 2,720 Restricted Funds Balance at 1 July 2023 Balance at 30 June 2024 Income Expenditure Transfers Barclays Community Football Nl Fund 500 500 Fund descriptions Unrestricted funds Comprise funds that the trustees are free to use in accordan￿ 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.