Frampton Youth Football Club Charity Accounts

COMPANY REGISTRATION NUMBER: 11890125

CHARITY REGISTRATION NUMBER: 1190109

Frampton Youth Football Club

Company Limited by Guarantee

Unaudited Financial Statements

31 March 2025

Frampton Youth Football Club

Company Limited by Guarantee

Financial Statements

Year ended 31 March 2025

	Page

Trustees' annual report (incorporating the director's report)	1

Statement of financial activities (including income and expenditure account)	3

Statement of financial position	4

Notes to the financial statements	5

The following pages do not form part of the financial statements

Chartered accountant report to the board of trustees on the preparation of the unaudited statutory financial statements	10

Frampton Youth Football Club

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report)

Year ended 31 March 2025

The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 31 March 2025 .

Reference and administrative details

Registered charity name	Frampton Youth Football Club

Charity registration number	1190109

Company registration number	11890125

Principal office and registered	24 The Hill
office	Merrywalks
	Stroud
	Gloucestershire
	GL5 4EP
	UK

The trustees

	D Marquez-Espada
	L Lewis
	I Palmer
	S Willetts

Company secretary	L Lewis

Accountant	J.O. Evans
	Chartered Accountant
	Green Banks
	The Hill
	Merrywalks
	Stroud
	Gloucestershire
	GL5 4EP

Structure, governance and management

The charity was incorporated at a company limited by guarantee on 19 March 2019 and was registered as a charity on 7 July 2020.

The charity has four trustees, who are all local to Frampton-on-Severn, Gloucestershire and have the necessary expertise and interest to move the charity's objectives forward.

Objectives and activities

As defined in its governing document, the charity's objectives are as follows:

"The promotion of community participation in healthy recreation by the provision of facilities for playing association football"

The trustees consider the activities to be within the public benefit guidance published by the Charity Commission.

Achievements and performance

During the period the charity was unable to move forward with its stated objective with regard to the setting up of community sports facilities. The reason for this was partly due to disruption caused by the Covid-19 Pandemic.

The charity intends to take over the activities of Frampton Youth Football club, which is a not-for-profit membership club in the near future, once suitable banking facilities have been set up.

The trustees are confident that their plans for the development of a bespoke sports facility will be achievable.

Financial review

The charity currently has no assets and therefore no reserves are held at present. As stated above, the charity will be setting up banking facilities at some point in the future.

The fees for the preparation and filing of the statutory accounts and Confirmation Statement have been funded by Frampton Youth Football Club . This will continue for the foreseeable future.

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

The trustees' annual report was approved on 30 December 2025 and signed on behalf of the board of trustees by:

I Palmer

Director

Frampton Youth Football Club

Company Limited by Guarantee

Statement of Financial Activities

(including income and expenditure account)

Year ended 31 March 2025

	2025
	Unrestricted funds	Total funds
Note	£	£

Expenditure

Expenditure on charitable activities	5,6	739	739
		----	----
Total expenditure		739	739
		----	----

	----	----
Net expenditure and net movement in funds	739	739
	----	----

Reconciliation of funds

Total funds brought forward	–	–
	----	----
Total funds carried forward	( 739)	( 739)
	----	----

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing activities.

Frampton Youth Football Club

Company Limited by Guarantee

Statement of Financial Position

31 March 2025

		2025
Note		£
Creditors: amounts falling due within one year	8	739
		----
Net current liabilities		739
		----
Total assets less current liabilities		( 739)
		----
Net liabilities		( 739)
		----

Funds of the charity

Unrestricted funds		( 739)
		----
Total charity funds	9	( 739)
		----

For the year ending 31 March 2025 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

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

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

These financial statements were approved by the board of trustees and authorised for issue on 30 December 2025 , and are signed on behalf of the board by:

I Palmer

Director

Frampton Youth Football Club

Company Limited by Guarantee

Notes to the Financial Statements

Year ended 31 March 2025

1. General information

The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is 24 The Hill, Merrywalks, Stroud, Gloucestershire, GL5 4EP, UK.

2. Statement of compliance

These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Companies Act 2006.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

There are no material uncertainties about the charity's ability to continue.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements will be continually reviewed and will be based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Fund accounting

Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes. Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment. Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.

Incoming resources

All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income: - income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably. - legacy income is recognised when receipt is probable and entitlement is established. - income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers. - income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.

Resources expended

Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates: - expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading activities, and the sale of donated goods. - expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities. - other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.

All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.

Financial instruments

A financial asset or a financial liability is recognised only when the charity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs. Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted. Debt instruments are subsequently measured at amortised cost. Where investments in shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in income and expenditure. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in the statement of financial activities, with the exception of hedging instruments in a designated hedging relationship.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised under the appropriate heading in the statement of financial activities in which the initial gain was recognised. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

4. Limited by guarantee

The liability of the members is limited to a sum not exceeding £10, being the amount that each member undertakes to contribute to the assets of the charity in the event of its being wound up while he, she or it is a member or within one year after he, she or it ceases to be a member, for:

(1) payment of the charity’s debts and liabilities incurred before he, she or it ceases to be a member; (2) payment of the costs, charges and expenses of winding up; and(3) adjustment of the rights of the contributories among themselves.

5. Expenditure on charitable activities by fund type

	Unrestricted Funds	Total Funds 2025
	£	£
Support costs	739	739
	----	----

6. Expenditure on charitable activities by activity type

	Support costs	Total funds 2025
	£	£
Governance costs	739	739
	----	----

7. Trustee remuneration and expenses

No remuneration or other benefits from employment with the charity or a related entity were received by the trustees.

8. Creditors: amounts falling due within one year

	2025
	£
Accruals and deferred income	739
	----

9. Analysis of charitable funds

Unrestricted funds

	At 1 April 2024	Expenditure	At 31 March 2025
	£	£	£
General funds	–	(739)	(739)
	----	----	----

10. Analysis of net assets between funds

	Unrestricted Funds	Total Funds 2025
	£	£
Creditors less than 1 year	(739)	(739)
	----	----

Frampton Youth Football Club

Company Limited by Guarantee

Management Information

Year ended 31 March 2025

The following pages do not form part of the financial statements.

Frampton Youth Football Club

Company Limited by Guarantee

Chartered Accountant Report to the Board of Trustees on the Preparation of the Unaudited Statutory Financial Statements of Frampton Youth Football Club

Year ended 31 March 2025

In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the financial statements of Frampton Youth Football Club for the year ended 31 March 2025, which comprise the statement of financial activities (including income and expenditure account), statement of financial position and the related notes from the charity's accounting records and from information and explanations you have given me.

As a practising member of the Institute of Chartered Accountants in England and Wales (ICAEW), I am subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/members/regulations-standards-and-guidance.

This report is made solely to the board of trustees of Frampton Youth Football Club , as a body, in accordance with the terms of my engagement letter dated 30 March 2022. My work has been undertaken solely to prepare for your approval the financial statements of Frampton Youth Football Club and state those matters that I have agreed to state to you, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF as detailed at www.icaew.com/compilation. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than Frampton Youth Football Club and its board of trustees, as a body, for my work or for this report.

It is your duty to ensure that Frampton Youth Football Club has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Frampton Youth Football Club . You consider that Frampton Youth Football Club is exempt from the statutory audit requirement for the year.

I have not been instructed to carry out an audit or a review of the financial statements of Frampton Youth Football Club . For this reason, I have not verified the accuracy or completeness of the accounting records or information and explanations you have given to me and I do not, therefore, express any opinion on the statutory financial statements.

J.O. Evans Chartered Accountant

Green Banks The Hill Merrywalks Stroud Gloucestershire GL5 4EP

30 December 2025

Frampton Youth Football Club

Company Limited by Guarantee

Detailed Statement of Financial Activities

Year ended 31 March 2025

	2025
	£

Expenditure

Expenditure on charitable activities

Accountancy fees - prior years	396
Confirmation statement - prior years	93
Accountancy fees - this year	198
Confirmation statement - this year	52
	----
	739
	----

	----
Total expenditure	739
	----

	----
Net expenditure	739
	----