Camlough Rovers Football Club IA company limited by guarantee. not havlng a Share eapiiall STATEMENT OF FINANCIAL ACTIVITIES Ilncorporating an Income and Expenditure Account) for the financial year ended 2 February 2025 Unrestricted Funds 2025 Total Unrestricted Funds Funds 2025 2024 Total Funds 2024 Notes Incoming Resources Voluntary Income Charitable activilies Grants from governments and other co-fund8rs Other income 34,080 34,080 14,055 4,639 14,055 4,639 25,026 5,942 25,026 5.942 Totsl Incomlng resources 52,774 52,774 30,968 30.968 Re8ource8 Expended Charitabl8 actfvlties 40,276 40.275 22,663 22.663 Not Sncomlngloutgoing resources before transfer8 12,499 12,499 8,305 8,305 Gross transfers between funds Net movoment In funds for the flnancial year 12,499 12,499 8,305 8,305 R8con¢iliatlon of funds: Total funds beginning of the year 11 264,160 264,160 255,855 255,855 Total funds at the end of the year 276,659 276,659 284,180 264.160 The Statement of Financial Activities includes all gains and10s8es CognIsed In th8 financial year. All income and expenditure relate to Continuing activities. The notes on pages 10 to 14 lorm part of the financial slalements
Camlough Rovers Football Club IA cornpany limited by guarantee. not havlng a share capiiall Company Number. N1629061 BALANCE SHEET as at 2 February 2025 2025 2024 Notes Fixed Assets Tangible assets 350,604 336,804 Current Assets Cash al bank and in hand 6,006 705 Credltors: Amounts falling due wlthln ono yoar {54,639) 173,3491 Net Curront Llablliti88 (48,633) 172,6441 Total As8ets1988 Current Llablllt108 301,971 264,160 Creditor8 Amounts falling due after more than onè year (25,312) Total Net Assets 276,659 264,160 Funds General fund {unrestrictedl 276,659 264.160 Total fund8 11 276,659 264.160 These financial statements have been prepared in accordance with the special provisions r8latiro to small companies within Part 15 of th8 Companies Act 2008. For the financial year ended 2 February 2025 th8 company was 8ntitl8d lo exemption from audit under section 477 01 the Companies Act 2006,. and no notice has been deposited under section 476. The directors confirm that the member5 have not required the company to obtain an audit of its financial statements for th8 finanGial year in question in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for ensursng that the company keeps accounb'ng records which comply with section 386 and for preparing financial stalements which give a true and fair view of the state of affairs ol the company as at the end of th8 financial year and of its profit and loss for the financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements. so far as applicabl8 to th6 company. The financial statemènts havg been prepared in accordance with thè provisions applicable to companies subject to the small companies. regime and in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" applying Section 1A of that Standard. Approved by the Board of Dlrectors and authorlsed for188ue on 24 October 2025 and signed on Its behalf by lJackle> Moon tor Dlr The notes on pages 10 10 14 form part of the financial statements
Camlough Rovers Football Club IA company limited by guarantee, not having a share capital) NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 2 February 2025 GENERAL INFORMATION Camlough Rovers Football Club is a company limited by guarantee in¢orporated in Northern Ireland. Thè registered office of the company is Camlough Rovers F C Grounds, Newry Road, Camlough, Newry, Co. Down. BT35 6PE, Northern Ireland which is also the principal pla of business of the company Th8 financial statements have been presented in Pound (£1 which is also the functional currency of the company. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The following accounting policies have been applied consistently in dealing with items which are Considered material in relation to the charity's financial statements. Basis of preparatlon The financial statements have been prepared on the going concern basis under th8 historlcal cost conv8ntion, modified to include certain items at fair value. The financial statements have beén prepared in accordance with the Statement of Recommended PractiGe ISORPI "Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland FRS 102" applying Section 1A of that Standard. As pemiitted by the Companies Act 2006, the company has varied the standard formats in that act for the Slalement of Financial Activities and the Balance Sheet. Departures from the standard formats ar8 to comply with the requirements of the Charities SORP and are in compliance with section 4.7, 10.6 and 15.2 of that SORP. ststernent of ¢ompllanc8 The financial statements of the company for the financial year ended 31 Dgcemb6r 2017 have been prepared on Ihe going concern basis and in accordance with the Statsmenl of Recommended Pra¢tiGg ISORPI "Accounting and Reporting by Charities prepanng their accounts in accordance with the Financial Reporting Standard applicabla in the UK and Republic of Ireland FRS 102" applylng Section 1A of that Standard. Incomlng Ro8our¢e8 Voluntary income or capital Is Incldd In th8 Statèm8nt of Financial Activities when Ihé company Is18gally entitled to IL its financial value can be quantified with reasonable certainly and there is reasonable certainty ol its ultimate receipt. Entitlement to legacies is considered established when the company has been notified of distribution to be made by the execulors. Income received in advancè of due performance under 8 contract is accounted for as deferred in¢ome until earned. Grants for activities are recognised as income when the related conditions for legal entitlement have been mel. All other income is accounted for on an accruals basis. Rasources Expendod All resources expended are accounted for on an accruals basi$, Charitable activities include costs of s8NIC8S and grants, support costs and depreciation on related assets. Costs of generating funds similarly include fundraising activities, Non-staff costs nol attributed lo one category of activity are allocated or apportioned prorata to Ihe staffing of the relevant service. Finance, HR, IT and administratlV6 Staff costs are directly attribulable to individual activities by objectlV8. Governance costs are those associated with constitutional and statutory requirements. Tanglblg fixed assets and depreclatSon Tangible fixed assèts arè stated at cost or at valuats'on, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible fixed assets, less their estimated residual value, over their expected useful lives as follows.. Land and buildings fr66hold Cash at bank and In hand Cash at bank and in hand comprises cash on deposit at banks requiring less than three monlhs noti of withdrawal. Taxation No current or deferred taxation arises as the company has been granted charitable exemption. Irrecoverable valued added tax is expensed as incurred. 10
continued Camlough Rovers Football Club IA company limited by guardntee. not having a share capital) NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 2 February 2025 INCOME DONATIONS AND LEGACIES Unrestrlcted RestrSctod Funds Funds 2025 2024 Donations & Sponsorship 34,080 34,080 CHARITABLE ACTIVITIES Unrestrictèd Restricted Funds Fund8 2025 2024 Grants from governm8nts and other Co-funders: M8mbership Fees Council Grant 11,559 2.496 11,559 2,496 25,026 14.055 14,055 25,026 OTHER INCOME Unrestricted Re8trlct8d Funds Fund8 2025 2024 other income 4,639 4,639 5,942 EXPENDITURE CHARITABLE ACTIVITIES Dlrect Costs other Costs Support Costs 2025 2024 Light & heat Rent, rates & insurance Repairs & maintenance Bank charges Players kit Referees, fees League fees Governance Costs (Note 4.21 2,662 272 6,684 2,652 272 5,584 2,193 7,294 5,790 10,308 6,182 7,752 426 2,193 1,644 2,108 530 4.504 5,603 7,294 5,790 10,308 6,182 23,392 2,193 14,690 40,275 22.663 GOVERNANCE COSTS Dlrect Costs other Costs Support Costs 2026 2024 General Office Insurance AG¢ountancy Professional Fees 1,669 3,493 780 240 1,669 3.493 780 240 1,462 3,286 855 6,182 6,182 5.603 11
continued Camlough Rovers Football Club {A company limited by guarantee, not having a share capital) NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 2 February 2025 SUPPORT COSTS Charitablo Governance A¢tivities Costs 2025 2024 Insuran Bank interest Light & Heat General Office Accountancy Repairs & maintenance Rates & Water Charges Consultsncy 3,493 3,493 3,286 1,514 7,752 1,462 855 96 426 2,652 2,652 1,669 780 5,584 272 240 1,669 780 5,584 272 240 8,608 6.182 14,690 15,391 ANALYSIS OF SUPPORT COSTS Basls of Apportlonment 2025 2024 Insurancè Bank interest Light & Heat General Offi Accountancy Repairs & maintenance Rates & Water Charges Consultancy 3,493 3,286 1,514 7,752 1,462 855 96 426 2,652 1,669 780 5,584 272 240 Governance Governance Governance 14,690 15,391 INTEREST PAYABLE AND SIMILAR CHARGES 2025 2024 On b8nk loans and overdrafts 1,947 1,514 TANGIBLE FIXED ASSETS Land and buildings freehold Total Cost At 3 February 2024 Additions 338,804 13,800 336.804 13.800 At 2 February 2025 350,604 350,604 Net book value At 2 February 2025 350,604 350,604 At 2 February 2024 336,804 336,804 CREDITORS Amounts falling duè within one year 2025 2024 Community Finan Ireland Loan Directors, current accounts Accruals and deferred income 4,709 17,400 32.530 18,544 22,200 32,605 54,639 73,349 12
continued Camlough Rovers Football Club IA company limited by guarantee, not having a share capitall NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 2 February 2025 CREDITORS Amounts falling due after more than one year 2025 2024 Community Finan Ireland Loan 25,312 Repayable in one year or less, or on demand (Note 81 Repayable baeen bmo and five years 4,709 25,312 18,544 30,021 18,544 10. RESERVES 2025 2024 At the beginning of thè year Surplus for the financial year 264.160 12,499 255,855 8,305 At the end of the year 276,659 264,160 11. FUNDS 11.1 RECONCILIATION OF MOVEMENT IN FUNDS Unro8trlcted Funds Total Funds At 3 February 2023 Movement during the financial year 255,855 8,305 255,855 8,305 At 2 Fébruary 2024 Movement during the financial year 264,160 12,499 264,180 12,499 At 2 February 2025 276,659 276,659 11.2 ANALYSIS OF MOVEMENTS ON FUNDS Balancg 3 Fèbruary 2024 Income Expondlture Transfern between funds Balance 2 Fobruary 2025 Unrestricted funds Camlough Rovers Football Club 264,160 52,774 40,275 276,659 Totsl funds 264,160 52,774 40,275 276,659 11.3 ANALYSIS OF NET ASSETS BY FUND Flxod assets - chartty use Curront assets Current Long-term Ilabllltle8 liabilities Totsl Unrestricted general fvtnds 350,604 6,006 (54,639} 125,3121 276,659 350,604 6,006 154.6391 {25.312) 276,659 13
continued Camlough Rovers Football Club IA company limited by guarantee. not having a share capital) NOTES TO THE FINANCIAL STATEMENTS for the financ¢al year ended 2 February 2025 12. STATUS The company is limited by guarantee not having a share capital. The liability of the members is limited. Every member of the company undertakes to contribute to th6 assets of the company in the event of its being wound up while they are members, or within on6 year thereafter, for the payment of the debts and liabilities of the company contracted before they ceased to be members, and the costs, charges and expenses of winding up, and for the adjustment of the rights of the contributors among themselves, such amount as may be required, not exceeding £ 1. 13. POST-BALANCE SHEET EVENTS There have been no significant evenls affecting the Charity since the finan¢lal yèar-end. 14