Charity Number: 107950 Glenavon FC Academy Flnanclal Statements and Trustees, Report for the year ended 31 May 2024 Glenavon FC Academv Financial Statements and Trustees, Report for the year ended 31 May 2024 Charity Number: 107950 Table of Contents Page Trustee Committee and other Charity Information Trustees, Annual Report Independent Examiner's Report Financial Statement Financial Statement Approval Glenavon FC Academy Financlal Statements and TfUStee5' Report for the year ended 31 May 2024 Charity Number: 107950 Trustee Committee and other Charity Information Trustee Committee Jason King (Chairman) Paul Mccrum Isecretaryl Ken Cardwell (Treasurer) Jeff Magee Chris Chambers Adam Toppin8 Charlty Number 107950 Governln8 Document Constitution Legal Status Unincorporated Charity Reglstered Address MoLtrneview Park Mourneview Avenue Lurgan County Armagh BT66 8EW Banker Danske Bank 45-48 High Street Portadown CoL¢nty Armagh 8T62 ILB Independent Examlner Simon Black c/0 14 CastSewellan Road Banbridge County Down BT32 4AX Pa8e I Glenavon FC Academv Financial Statements and Trustees. Report for the year ended 31 Moy 2024 Charity Number: 107950 Trustees, Annual Report The Management Committee ITru5teesl present their report and the financial statements for the year ended 31 May 2024. The Trustees who served during the year and up to the date of this report are set out on page l. The account5 have been prepared on the receipts and payments basi5. Oblectlves The objective of the Charity is to advance the amateur sport of Association Football amongst children and young people within the Armagh, Banbridge & Craigavon 8orough Council Area Actlvltle5 Glenavon Youth Academy facilitate sporting and community activity for young people from acr055 N. Ireland, particularly across Armagh, Banbridge & Craigavon. In planning our activities for the year we kept in mind the Charity Commission's guidance on public benefit at our management committee (Trustee) meetings. The focus of our activities remains providing development specific football coachin8 and to develop social responsibility of the young people via community development initiatives. We continue to build the capacity and capability of our coaches to ultimately maximize the effectiveness of the service provided to our members. Our membership is open to people from all backgrounds regardless of faith, gender or personal circumstances. Achlevements We now have team5 over 11 age groups playing football each week with a total membership now in excess of 180 lead by 3 45 person volunteer team. Our older teams are now competing at the highest level in youth football, with 4 teams playing in national cup finals and our U15 team winning the prestigious Holland Cup. Financlal Revlew Total receipts were £151.2k and payments were £149.9k giving a surplus of £1.3k for the year under review. It is encouraging to See receipts and payments relating to Tournaments/Trips increasing, highlighting the increasing opportunities being afforded to our teams. These included Super Cup Nl, Foyle Cup, Galway Cup and Holland Cup. This report was approved by the Trustees and signed below on its behalf by.. on Ki Ichairmanl 22 June 2024 Page 2 Glenavon FC Academv Financial Statements and Trustees, Report for the year ended 31 May 2024 Charity Number: 107950 Independent Examlner's Report to the CharityTrustees of Glenavon FC Academy I report on the accounts of Glenavon FC Academy for the year ended 31 May 2024. which are set out on page 4. Respertive Responsibilities of Charlty Trustees and Examiner As the charity's trustees you are responsible for the preparation of the account5 in accordance with the Charities Act (Northern Ireland) 2008. It is my responsibility to.. examine the accounts under Section 65 of the Charitie5 Act follow the procedures laid down in the general Directions given by the Commission under Section 6519llbl of the Charities Act state whether particular matters have come to my attention. Basls of Independent Examlnef's 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 Charitv Commission for Northern Ireland under Section 6Sl9llbl of the Charities Act. My examination included a review of the accounting records kept by the charity and comparison of the accounts presented with those records. It also included consideration of any unusual items or disclosures in the account5, and seeking explanations from you as charity tru5tee5 Concerning any such matters. My role is to state whether any material matters have come to my attention giving me cause to believe.. l. 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 4. That there is further information needed for a proper understanding of the accounts to be reached. Independent Examlners Statement I have completed my examination and have no concerns in respect of the matters111 to141 listed above and, in connection with following the Directions of the Charity Commi55ion for Northern Ireland, I have found no matters that require drawing to your attention. Simon 81ack clo 14 Castlewellan Road Banbridge County Down BT32 4AX 22 June 2024 Page 3 Glenavon FC Academy Financial Statements and Tru5tees' Report for the year ended 31 May 2024 Charity Number: 107950 Flnanclal Staternent 2023124 2022123 2021122 RECEIPTS Fee5 Tournaments Grants Sponsorship Awards Night Kits l Training Gear Transfers Soccer Camps Fundraising Bank Interest Miscellaneous £53,417.24 £62,511.09 £12,571.97 £8,194.00 £2,530.00 £6,310.00 £0.00 £0.00 £5,520.00 £88.78 £0.00 £151,143.08 £53,491.46 £21,330.00 £8,890.00 £9,832.34 £0.00 £7,230.00 £0.00 £0.00 £2,600.00 £18.78 £0.00 £51,774.46 £20,760.00 £60,758.20 £0.00 £0.00 £4,643.00 £0.00 £0.00 £0.00 £0.60 £1,000.00 £138,936.26 £103,392.58 PAYMENTS Facility Hire Tournaments / Trips League Fees Projects Kits / Training Gear Equipment I Software Coach Education Staff Expenses Referee Fees Awards Night Professional Fees Account Fees Travel Expense5 Consumables IP&S, Advertising) Misc (Refunds. Gifts, Medicall £16,146.37 £76,120.35 £8,460.00 £6,473.66 £10,220.67 £6,827.77 £5,709.00 E3,500.00 £18,216.24 £32,831.43 £7,617.50 £4,548.60 £14,338.60 £3,511.35 £4,060.00 £2,920.00 £12,171.02 £6,545.00 £8,317.50 £53,443.20 £5,972.16 £3,480.77 £2,972.50 E2,878.53 iji £5,626.00 £2,450.72 £1,500.00 £482.18 £3,496.89 £0.00 £2,873.25 £149,886.86 £4,707.00 £1,560.01 E2,075.00 £545.04 £3,519.20 £50.59 £2,297.39 £102,797.95 £5,642.00 £0.00 £2,880.00 £495.74 £0.00 £11.99 £5,410.15 £110,220.56 Surplus / Deflclt for year £1,156.22 £594.63 £28,715.70 Opening Balance Surplus / Deficit for year Closing Balance £55,669.48 £1,256.22 £56,925.70 £55,074.85 £594.63 £26,359.15 £28,715.70 £55,074.85 £55,669.48 Bank & Cash Balances Bank Account Cash in Hand £50,095.70 £6,830.00 £56.925.70 £55,669.48 £0.00 £55.669.48 £55,074.85 £0.00 £55,074.85 PaBe 4 Glenavon FC Academv Financial Statements and Trustees, Report forthe year ended 31 May 2024 Charity Number: 107950 Approved by th Trustees on 22 June 2024 and signed on their behalf by= on airman) Paul Mccrum Isecretaryl Pale S Glenavon FC Academy Financial Statement Year Ending 31st May 2024 2023124 2022123 2021122 RECEIPTS Fees Tournaments Grants Sponsorship Award5 Night Kits l Training Gear Transfers Soccer Camps Fundraising Bank Interest Miscellaneou5 £53,417.24 £62,511.09 £12,571.97 £8,194.00 £2,530.00 £6,310.00 £0.00 £53,491.46 £21,330.00 £8,890.00 £9,832.34 £0.00 £7,230.00 £0.00 £51,774.46 £20,760.00 E60,758.20 £0.00 £0.00 £4,643.00 £0.00 £0.00 £0.00 £0.00 £5,520.00 £88.78 £0.00 £151,143.08 £2,600.00 £18.78 £0.00 £0.60 £0.00 £103,392.58 £1,000.00 £138,936.26 PAYMENTS Facility Hire Tournaments / Trips League Fees Projects Kits / Training Gear Equipment / Software Coach Education Staff Expenses Referee Fees Awards Night Professional Fees Account Fees Travel Expenses Consumables IP&S, Advertising) Misc IRefunds, Gifts, Medicall £16,146.37 £76,120.35 £8,460.00 £6,473.66 £10,220.67 £6,827.77 £5,709.00 £3,500.00 £5,626.00 £2,450.72 £1,500.00 £482. 18 £3,496.89 £0.00 £2,873,25 £149,886.86 £18,2 16.24 £32,831.43 £7,617.50 £4,548.60 £14,338.60 £3,511.35 £4,060.00 £2,920.00 £4,707.00 £1,560.01 £2,075.00 £545.04 £3,519.20 £SO.59 £2,297.39 £102,797.95 E12,171.02 £6,545.00 £8,317.50 £53,443.20 £5,972.16 £3,480.77 £2,972.50 £2,878.53 £5,642.00 £0.00 £2,880.00 £495.74 £0.00 £11.99 £5,410.15 £110,220.56 Surplus l Deflclt for year £1,256.22 £594.63 £28,715.70 Opening Balance Surplus / Deficit for year C105ing Balance £55,669.48 £1,256.22 £56,925.70 £55,074.85 £594.63 £55,669.48 £26,359.15 £28,715.70 £55,074,85 Bank & Cash Balances Bank Account Cash in Hand £50,095.70 £6,830.00 £56,925.70 £55,669.48 £0.00 £55,669.48 £55,074.85 EO.00 £55,074.85 POLICE SERVICE OF NORTHER14 IRELAND E DISTRICT