Charity Number: 107950
Glenavon FC Academy
Financial Statements and Trustees’ Report for the year ended 31 May 2025
Glenavon FC Academy
Charity Number: 107950
Financial Statements and Trustees’ Report for the year ended 31 May 2025
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| Table ofContents | . | |||
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| Page | ||||
| Trustee Committee and other Charity Information | 1 | |||
| Trustees’ Annual Report | 2 | |||
| independent Examiner's Report | = | 3 | ||
| . | ||||
| Financial Statement | 4 | |||
| FinancialStatementApproval | 5 |
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Glenavon FC Academy
__. Financial Statements and Trustees’ Report for the year ended 31 May 2025
Charity Number: 107950
Trustee Committee and other Charity Information
| TrusteeCommittee | Jason King (Chairman) |
|---|---|
| Paul McCrum (Secretary) | |
| Ken Cardwell (Treasurer) | |
| JeffMagee | |
| Chris Chambers | |
| Adam Topping | |
| Charity Number | 107950 |
| Governing Document | Constitution |
| Legal Status | Unincorporated Charity |
| RegisteredAddress | Mourneview Park |
| Mourneview Avenue | |
| Lurgan | |
| CountyArmagh | |
| BT66 8EW | |
| Banker | Danske Bank |
| 45-48 High Street | |
| Portadown | |
| CountyArmagh | |
| BT62 1LB | |
| Independent Examiner | Simon Black |
| c/o 14 Castleweilan Road | |
| Banbridge | |
| County Down | |
| BT324AX |
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Glenavon FC Academy
Charity Number: 107950
Financial Statements and Trustees’ Report for the year ended 31 May 2025
Trustees' Annual Report
The Management Committee (Trustees) present their report and the financial statements for the year ended 31 May 2025. The Trustees who served during the year and up to the date of this report are set out on page 1. The accounts have been prepared on the receipts and payments basis.
Objectives
The objective of the Charity is to advance the amateur sport of Association Football amongst children and young people within the Armagh, Banbridge & Craigavon Borough Council Area
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Activities
Glenavon Youth Academy facilitate sporting and community activity for young people from across
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.
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The focus of our activities remains providing development specific football coaching 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.
Achievements
We now have teams over 12 age groups playing football each week with a total membership now in excess of 180 lead by a 45 person volunteer team.
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Our older teams are all competing at the highest level of youth football in N Ireland. With player development our main focus, we are delighted to see 2 of our players progress to full-time professional football in England, with another 3 x 16 year olds signing contracts with our senior team - along with another 4 x 16 years training regularly with the senior team. Finally, visits to professional Academies in England were organised this year - with trips to Chelsea, Aston Villa, Norwich City, Ipswich Town and Hull City undertaken over the course of the year.
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Financial Review
Total receipts were £290.9k and payments were £168.2k giving a surplus of £122.7k for the year under review. We are delighted to see income relating to development fees being received. This income highlights the high quality player that is being developed within the Academy. It has been agreed that all Development Fee income will be ringfenced to fund a new Training Facility.
This report was approved by the Trustees and signed below on its behalf by:
fed20 June 2825 airman)
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Glenavon FC Academy
Charity Number: 107950
Financia! Statements and Trustees’ Report for the year ended 31 May 2025
Independent Examiner's Report to the Charity Trustees of Glenavon FC Academy
| report on the accounts of Glenavon FC Academy for the year ended 31 May 2025, which are set out on page 4.
Respective Responsibilities of Charity 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:
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examine the accounts under Section 65 of the Charities Act
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follow the procedures laid down in the general Directions given by the Commission under Section 65(9)(b) of the Charities Act
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state whether particular matters have come to my attention.
Basis of Independent Examiner's Report
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| 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:
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That accounting records were not kept in accordance with Section 63 of the Charities Act
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That the accounts do not accord with those accounting records
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That the accounts do not comply with the accounting requirements of the Charities Act
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That there is further information needed for a proper understanding of the accounts to be reached.
Independent Examiners Statement
| 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, | have found no matters that require drawing to your attention.
S Black
Simon Black
c/o 14 Castlewellan Road Banbridge County Down BT32 4AX
20 June 2025
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Charity Number: 107950
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Glenavon FC Academy
Financial Statements and Trustees’ Report for the year ended 31 May 2025
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| Financial Statement | Financial Statement | Financial Statement | |||
|---|---|---|---|---|---|
| 2024/25 | 2023/24 | 2022/23 | |||
| RECEIPTS | . | ||||
| Fees | . | £50,560.24 | £53,417.24 | £53,491.46 | |
| Tournaments | £33,812.82 | £62,511.09 | £21,330.00 | ||
| Grants | £35,671.54 | £12,571.97 | £8,890.00 | ||
| Sponsorship | £11,625.00 | £8,194.00 | £9,832.34 | ||
| Awards Night | £5,770.00 | £2,530.00 | £0.00 | ||
| Kits/Training | Gear | £28,860.64 | £6,310.00 | £7,230.00 | |
| Transfers | £117,866.40 | £0.00 | £0.00 | ||
| SoccerCamps | £309.41 | £0:00 | £0.00 | ||
| Fundraising | £5,185.00 | £5,520.00 | £2,600.00 | ||
| Bank Interest | £1,249.24 | £88.78 | £18.78 | ||
| Miscellaneous | £0.00 | £0.00 | £0.00 | ||
| £290,910.29 | £151,143.08 | £103,392.58 | |||
| PAYMENTS | |||||
| Facility Hire | £17,928.74 | £16,146.37 | £18,216.24 | ||
| Tournaments / | Trips | £35,672.34 | £76,120.35 | £32,831.43 | |
| League Fees | £8,697.00 | £8,460.00 | £7,617.50 | ||
| Projects | £11,755.00 | £6,473.66 | £4,548.60 | ||
| Kits /TrainingGear | Gear | £35,854.55 | £10,220.67 | £14,338.60 | |
| Equipment /Software | £13,471.56 | £6,827.77 | £3,511.35 | ||
| Coach Education | £7,345.00 | £5,709.00 | £4,060.00 | ||
| Staff Expenses | _ | £7,580.00 | £3,500.00 | £2,920.00 | |
| Referee Fees | £5,165.00 | £5,626.00 | |||
| Awards Night | £9,876.32 | £2,450.72 | £1,560.01 | ||
| Professional Fees | £1,500.00 | £1,500.00 | £2,075.00 | ||
| Account Fees | £502.42 | £482.18 | £545.04 | ||
| Travel Expenses | £4,931.78 | £3,496.89 | £3,519.20 | ||
| Consumables | (P&S, Advertising) | £0.00 | £0.00 | £50.59 | |
| Misc (Refunds, | Gifts, Medical) | £7,923.11 | £2,873.25 | £2,297.39 | |
| £168,202.82 | £149,886.86 | £102,797.95 | |||
| Surplus/Deficitforyear | £122,707.47 | £1,256.22 | £594.63 | ||
| Opening Balance | £56,925.70 | £55,669.48 | £55,074.85 | ||
| Surplus / Deficit foryear | £122,707.47 | £1,256.22 | £594.63 | ||
| Closing Balance | £179,633.17 | £56,925.70 | £55,669.48 | ||
| Bank & Cash Balances | |||||
| BankAccount | . | £179,633.17 | £50,095.70 | £55,669.48 | |
| Cash in Hand | £0.00 | £6,830.00 | £0.00 | ||
| £179,633.17 | £56,925.70 | £55,669.48 |
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Charity Number: 107950
Glenavon FC Academy
Financial Statements and Trustees’ Report for the year ended 31 May 2025
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Approved by the Trustees on 20 June 2025 and signed on their behalf by:
planI asnt GfBF 71: Paul McCrum McCrum (Secretary)
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Paul McCrum McCrum (Secretary)
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