REGISTERED NUMBER: 03830562 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

FOR

NORFOLK COUNTY FOOTBALL ASSOCIATION

LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

P Ballard

M Banham

J Conway

P Marshall

A C Judd

K J Hirst

O Amadasun

M J Carpenter

REGISTERED OFFICE:

theFDC

Clover Hill Road

Norwich

Norfolk

NR5 9ED

REGISTERED NUMBER:

03830562 (England and Wales)

AUDITORS:

Sexty & Co

Chartered Certified Accountants

& Statutory Auditor

124 Thorpe Road

Norwich

Norfolk

NR1 1RS

FIXED ASSETS

Tangible assets

5

2,254,991

2,361,125

Investments

6

1,013

1,013

2,256,004

2,362,138

CURRENT ASSETS

Stocks

4,735

4,591

Debtors

7

63,951

71,581

Cash at bank and in hand

831,057

734,374

899,743

810,546

CREDITORS

Amounts falling due within one year

8

1,735,797

1,835,648

NET CURRENT LIABILITIES

(836,054

)

(1,025,102

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,419,950

1,337,036

RESERVES

Income and expenditure account

1,419,950

1,337,036

1,419,950

1,337,036

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 December 2025 and were signed on its behalf by:

M J Carpenter - Director

1.	STATUTORY INFORMATION

Norfolk County Football Association Limited is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements are presented in pounds sterling and are rounded to the nearest pound.

Turnover

Turnover represents net invoiced sales of services (excluding value added tax) and revenue grants received.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life

Long leasehold

Over the lease term or shorter

FDC Pitches

-10% on cost

Fixtures and fittings

-25%, 20%, 10% & 5% on cost

Motor vehicles

-25% on costs

Computer equipment

-25% on costs

The directors perform an annual impairment review of freehold property and long leasehold property to ensure that the recoverable amount is not lower than the carrying value. They consider that there has been no impairment during the year.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to surplus or deficit on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a workplace pension scheme in line with auto-enrolment. Contributions payable for the year are charged in the profit and loss account.

Grants received

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 34 (2024 - 37 ) .

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 July 2024

2,477,680

441,191

2,918,871

Additions

36,201

17,354

53,555

At 30 June 2025

2,513,881

458,545

2,972,426

DEPRECIATION

At 1 July 2024

326,068

231,678

557,746

Charge for year

108,455

51,234

159,689

At 30 June 2025

434,523

282,912

717,435

NET BOOK VALUE

At 30 June 2025

2,079,358

175,633

2,254,991

At 30 June 2024

2,151,612

209,513

2,361,125

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 July 2024

and 30 June 2025

1,013

NET BOOK VALUE

At 30 June 2025

1,013

At 30 June 2024

1,013

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

43,387

47,881

Other debtors

643

1,494

Prepayments and accrued income

19,921

22,206

63,951

71,581

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

39,136

41,283

Taxation and social security

59,276

25,065

Other creditors

1,637,385

1,769,300

1,735,797

1,835,648

9.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

5,385

7,067

Between one and five years

10,771

-

16,156

7,067

10.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

I A Barlow (Senior Statutory Auditor)

for and on behalf of Sexty & Co

11.	RELATED PARTY DISCLOSURES

There were no business relationships or related party transactions during the year.