LIVERPOOL COUNTY FOOTBALL ASSOCIATION SEFTON C.I.C.

Company limited by guarantee

Company Registration Number:
12134539 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2024

Period of accounts

Start date: 1 July 2023

End date: 30 June 2024

LIVERPOOL COUNTY FOOTBALL ASSOCIATION SEFTON C.I.C.

Contents of the Financial Statements

for the Period Ended 30 June 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

LIVERPOOL COUNTY FOOTBALL ASSOCIATION SEFTON C.I.C.

Directors' report period ended 30 June 2024

The directors present their report with the financial statements of the company for the period ended 30 June 2024

Principal activities of the company

Delivering Football and related activities



Directors

The directors shown below have held office during the whole of the period from
1 July 2023 to 30 June 2024

Ms Tina Patricia Hamilton
Mr Martin David Thornton
Mr Anthony Smith
Mr David Pugh
Mr Ian Wild
Mr Patrick Joseph Farrell


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
27 March 2025

And signed on behalf of the board by:
Name: Mr Ian Wild
Status: Director

LIVERPOOL COUNTY FOOTBALL ASSOCIATION SEFTON C.I.C.

Profit And Loss Account

for the Period Ended 30 June 2024

2024 2023


£

£
Turnover: 377,043 292,916
Cost of sales: ( 53,005 ) ( 19,019 )
Gross profit(or loss): 324,038 273,897
Administrative expenses: ( 441,471 ) ( 389,737 )
Other operating income: 12,500
Operating profit(or loss): (104,933) (115,840)
Interest receivable and similar income: 157 192
Interest payable and similar charges: ( 826 ) ( 366 )
Profit(or loss) before tax: (105,602) (116,014)
Profit(or loss) for the financial year: (105,602) (116,014)

LIVERPOOL COUNTY FOOTBALL ASSOCIATION SEFTON C.I.C.

Balance sheet

As at 30 June 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 1,460,436 1,412,803
Total fixed assets: 1,460,436 1,412,803
Current assets
Stocks: 4 2,300
Debtors: 5 195,537 51,608
Cash at bank and in hand: 87,741 68,559
Total current assets: 285,578 120,167
Creditors: amounts falling due within one year: 6 ( 287,363 ) ( 506,021 )
Net current assets (liabilities): (1,785) (385,854)
Total assets less current liabilities: 1,458,651 1,026,949
Creditors: amounts falling due after more than one year: 7 ( 1,756,494 ) ( 1,225,190 )
Provision for liabilities: ( 6,000 )
Total net assets (liabilities): (303,843) (198,241)
Members' funds
Profit and loss account: (303,843) ( 198,241)
Total members' funds: ( 303,843) (198,241)

The notes form part of these financial statements

LIVERPOOL COUNTY FOOTBALL ASSOCIATION SEFTON C.I.C.

Balance sheet statements

For the year ending 30 June 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 27 March 2025
and signed on behalf of the board by:

Name: Mr Ian Wild
Status: Director

The notes form part of these financial statements

LIVERPOOL COUNTY FOOTBALL ASSOCIATION SEFTON C.I.C.

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Tangible fixed assets depreciation policy

    Tangible asset are stated at cost less subsequent accumulated depreciation and accumulated impairment losses

    Other accounting policies

    investment property - carried at fair value depreciation policy stock - FIFO method and held at selling price

LIVERPOOL COUNTY FOOTBALL ASSOCIATION SEFTON C.I.C.

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 17 11

LIVERPOOL COUNTY FOOTBALL ASSOCIATION SEFTON C.I.C.

Notes to the Financial Statements

for the Period Ended 30 June 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 July 2023 873,863 773,924 1,647,787
Additions 141,790 1,068 142,858
Disposals
Revaluations
Transfers
At 30 June 2024 1,015,653 774,992 1,790,645
Depreciation
At 1 July 2023 66,225 168,759 234,984
Charge for year 10,157 85,068 95,225
On disposals
Other adjustments
At 30 June 2024 76,382 253,827 330,209
Net book value
At 30 June 2024 939,271 521,165 1,460,436
At 30 June 2023 807,638 605,165 1,412,803

LIVERPOOL COUNTY FOOTBALL ASSOCIATION SEFTON C.I.C.

Notes to the Financial Statements

for the Period Ended 30 June 2024

4. Stocks

2024 2023
£ £
Stocks 2,300
Total 2,300

LIVERPOOL COUNTY FOOTBALL ASSOCIATION SEFTON C.I.C.

Notes to the Financial Statements

for the Period Ended 30 June 2024

5. Debtors

2024 2023
£ £
Trade debtors 40,360 8,288
Prepayments and accrued income 1,563 4,987
Other debtors 153,614 38,333
Total 195,537 51,608

LIVERPOOL COUNTY FOOTBALL ASSOCIATION SEFTON C.I.C.

Notes to the Financial Statements

for the Period Ended 30 June 2024

6. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 24,822 22,222
Trade creditors 135,302 5,030
Taxation and social security 7,418 4,274
Accruals and deferred income 119,821 451,108
Other creditors 23,387
Total 287,363 506,021

LIVERPOOL COUNTY FOOTBALL ASSOCIATION SEFTON C.I.C.

Notes to the Financial Statements

for the Period Ended 30 June 2024

7. Creditors: amounts falling due after more than one year note

2024 2023
£ £
Other creditors 1,756,494 1,225,190
Total 1,756,494 1,225,190

COMMUNITY INTEREST ANNUAL REPORT

LIVERPOOL COUNTY FOOTBALL ASSOCIATION SEFTON C.I.C.

Company Number: 12134539 (England and Wales)

Year Ending: 30 June 2024

Company activities and impact

LCFA SEFTON CIC MANAGES AND OPERATES A COMMUNITY LEISURE FACILITY IN THE MERSYESIDE AREA. THE FACILITY CONSISTS OF BOTH INDOOR AND OUTDOOR FACILITIES, NAMELY NATURAL TURF AND ARTIFICIAL 3G FOOTBALL PITCHES, STUDIO, FUNCTION AND MEETING SPACE. THE COMPANY WAS ABLE TO OFFER ITS FACILITIES TO HIRE FOR THE BENEFIT OF THE LOCAL COMMUNITY AS WELL AS LOCAL GRASSROOTS FOOTBALL CLUBS, LEAGUES AND WIDER COMMUNITY ORGANISATIONS. AS EVIDENCED IN THE ACCOUNTS, THE COMPANY HAS BENEFITTED SIGNIFICANTLY FROM A RANGE OF LOCAL AND NATIONAL GRANTS TO HELP SUPPORT BUSINESS CONTINUITY, OVERHEADS AND RETENTION OF ITS WORKFORCE. THE COMPANY, AND OUR FACILITIES, HAVE SPECIFCIALLY SUPPORTED THE PHYSICAL AND MENTAL WELLBEING OF A BROAD DEMONGRAPHIC INCLUDING GROUPS SUCH AS CHILDREN & YOUNG PEOPLE, WOMEN & GIRLS, LOW SOCIOECONOMIC GROUPS AS WELL AS PEOPLE WITH PHYSICAL OR MENTAL DISABILITIES. AS A SUBSIDIARY OF LIVERPOOL COUNTY FA LTD, THE COMPANY HAS FACILITATED ORGANISED AND RECREATIONAL FOOTBALL ACTIVITY INCLUDING TRAINING AND MATCHPLAY FOR LOCAL CLUBS AND LEAGUES, AS WELL AS PROGRAMMES/INITIATIVES IN PARTNERSHIP WITH LOCAL, REGIONAL AND NATIONAL STAKEHOLDERS. DEPSITE THE CHALLENGES ON THE BACK OF THE PANDEMIC, THE COMPANY HAS CONTINUED TO INVEST MONIES WHEREVER POSSIBLE TO ENSURE THE UPKEEP OF THE PREMISES AND SUPPORT PLANS FOR FUTURE DEVELOPMENT.

Consultation with stakeholders

THE COMPANY HAS A WIDE RANGE OF LOCAL, REGIONALLY AND NATIONAL STAKEHOLDERS LOCALLY, THE COMPANY SUPPORTS LOCAL RESIDENTS AS WELL AS GRASSROOTS REGION. ADDITIONALLY, WE HAVE WORKED COLLABORATIVELY WITH A RANGE OF FOOTBALL CLUBS AND LEAGUES FROM ACROSS THE SEFTON AND MERSEYSIDE PRIVATE AND PUBLIC SECTOR ORGANISATIONS ACROSS MERSEYSIDE TO ENHANCE THE FACILITIES AND ACTIVITIES ON OFFER. IN CONJUNCTION WITH WIDER DEVELOPMENT PLANS FOR THE FACILITIES MANAGED AND OPERATED BY THE COMPANY, PUBLIC CONSULTATION HAS TAKE PLACE OVER THE LAST 12 MONTHS AND THIS WILL CONTINUE OVER THE COMIN MONTHS TOO AS CURRENT DEVELOPMENT WORK NEARS COMPLETION. FURTHER AFIELD, THE COMPANY HAS ALSO POSITIVELY ENGAGED WITH A NUN OF NATIONAL FUNDING PROVIDERS IN ORDER TO FURTHER ENHANCE THE ACILITIES ON OFFER TO LOCAL RESIDENTS AND GRASSROOTS FOOTBALL. HE COMPANY HAS AN ESTABLISHED BOARD OF DIRECTORS WHO MEET EGULARLY TO REVIEW THE PERFORMANCE AND PROGRESS OF THE COMPANY LONGSIDE THE SUPPORT OF THE COMPANY'S EMPLOYEES, THEY ALSO REV ND ACT UPON THE FEEDBACK THE COMPANY OBTAINS FROM STAKEHOLDE URING THE LAST TWELVE MONTHS.

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
28 March 2025

And signed on behalf of the board by:
Name: Ian Wilds
Status: Director