Wrexham AFC Foundation - Filleted accounts

Registered number

06931786

Wrexham AFC Foundation

Filleted Accounts

31 August 2025

Wrexham AFC Foundation
Registered Company number:		06931786
Balance Sheet
as at 31 August 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		34,164			6,535

Current assets
Debtors	4	44,498			18,200
Cash at bank and in hand		394,461			102,225
		438,959			120,425

Creditors: amounts falling due within one year	5	(227,379)			(28,044)

Net current assets			211,580			92,381

Net assets			245,744			98,916

Funds
Restricted funds			-
Unrestricted funds			245,744			98,916

Total Funds			245,744			98,916

The directors are satisfied that the charitable company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for a) complying with the requirements of Sections 386 and 387 of the Companies Act 2006 with respect to accounting records and the preparation of accounts and b) preparing accounts which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to the accounts, so far as applicable to a charitable company.
The accounts have been prepared and delivered in accordance with the provisions applicable to charitable companies subject to the small companies regime.




DC Toner
Trustee
Approved by the board on 28 May 2026

Wrexham AFC Foundation
Notes to the Accounts
for the year ended 31 August 2025


1	Accounting policies

	Basis of preparation
	The accounts of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) "Accounting and Reporting by Charities: 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 ) effective 1 January 2019)" and the Companies Act 2006. The accounts have been prepared under the historical cost convention.

	Income
	Income is recognised once the charity has entitlement to the funds, it is probable that the income will be received and the amounts can be measured reliably.

	Expenditure
	Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Office equipment	20% - 30% on cost
	Fixtures, fittings, tools and equipment	20% - 30% on cost

	Taxation
	The charity is exempt from corporation tax on its charitable activities.

	Fund accounting
	Unrestricted funds can be used in accordance with the charitable objectives of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the accounts.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			12		8


3	Tangible fixed assets
		Office equipment		Fixtures and fittings		Total
£			£		£
	Cost
	At 1 September 2024	4,531		10,552		15,083
	Additions	6,000		30,170		36,170
	At 31 August 2025	10,531		40,722		51,253

	Depreciation
	At 1 September 2024	3,931		4,617		8,548
	Charge for the year	1,320		7,221		8,541
	At 31 August 2025	5,251		11,838		17,089

	Net book value
	At 31 August 2025	5,280		28,884		34,164
	At 31 August 2024	600		5,935		6,535


4	Debtors			2025		2024
£					£

	Trade debtors			19,084		18,200
	Accrued income			24,664		-
	Other debtors			750		-
				44,498		18,200


5	Creditors: amounts falling due within one year			2025		2024
£					£

	Trade creditors			6,853		619
	Accruals and deferred income			36,938		25,481
	Taxation and social security costs			11,620		1,944
	Other creditors			171,968		-
				227,379		28,044
	Other creditors comprise £171,968, held on behalf of the Wrexham Miners' Project.


6	Trustees' remuneration, benefits and expenses

	There were no trustees' remuneration, benefits or expenses paid in the year ended 31 August 2025 nor in the year ended 31 August 2024.


7	Controlling party

	The charitable company is controlled by its trustees.


8	Other information

	Wrexham AFC Foundation is a private company limited by guarantee and incorporated in England and Wales. Its registered office is:
	The Racecourse Ground
	Mold Road
	Wrexham
	LL11 2AH