AFC WOLVES CIC

Company limited by guarantee

Company Registration Number:
15437691 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2026

Period of accounts

Start date: 1 February 2025

End date: 31 January 2026

AFC WOLVES CIC

Contents of the Financial Statements

for the Period Ended 31 January 2026

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

AFC WOLVES CIC

Directors' report period ended 31 January 2026

The directors present their report with the financial statements of the company for the period ended 31 January 2026

Principal activities of the company

The principle activity of the company in the year under review was that of sporting club.



Directors

The directors shown below have held office during the whole of the period from
1 February 2025 to 31 January 2026

Luke Thompson
 Chelsea Ball

The director shown below has held office during the period of
1 February 2025 to 23 July 2025

Karl Dyer

The director shown below has held office during the period of
17 July 2025 to 31 January 2026

Jamie Lee Edge

The director shown below has held office during the period of
16 July 2025 to 31 January 2026

Keith Thompson

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
29 October 2026

And signed on behalf of the board by:
Name: Luke Thompson
Status: Director

AFC WOLVES CIC

Profit And Loss Account

for the Period Ended 31 January 2026

2026 2025


£
£
Turnover: 85,519 64,274
Cost of sales: ( 60,563 ) ( 38,004 )
Gross profit(or loss): 24,956 26,270
Distribution costs: ( 1,169 ) ( 4 )
Administrative expenses: ( 22,715 ) ( 26,088 )
Operating profit(or loss): 1,072 178
Interest payable and similar charges: ( 2,214 ) ( 1,282 )
Profit(or loss) before tax: (1,142) (1,104)
Profit(or loss) for the financial year: (1,142) (1,104)

AFC WOLVES CIC

Balance sheet

As at 31 January 2026

Notes 2026 2025


£
£
Fixed assets
Tangible assets: 3 1,425 1,860
Total fixed assets: 1,425 1,860
Current assets
Debtors: 4 3,172 2,000
Total current assets: 3,172 2,000
Creditors: amounts falling due within one year: 5 ( 6,903 ) ( 5,025 )
Net current assets (liabilities): (3,731) (3,025)
Total assets less current liabilities: (2,306) ( 1,165)
Total net assets (liabilities): (2,306) (1,165)
Members' funds
Profit and loss account: (2,306) ( 1,165)
Total members' funds: ( 2,306) (1,165)

The notes form part of these financial statements

AFC WOLVES CIC

Balance sheet statements

For the year ending 31 January 2026 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 29 October 2026
and signed on behalf of the board by:

Name: Luke Thompson
Status: Director

The notes form part of these financial statements

AFC WOLVES CIC

Notes to the Financial Statements

for the Period Ended 31 January 2026

  • 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

    All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows: Land and Buildings 18% Reducing Balance Plant and Machinery 18% Reducing Balance Fixtures and Fittings 18% Reducing Balance Vehicles 18% Reducing Balance Office Equipment 18% Reducing Balance

    Other accounting policies

    Statutory Information Statement of Compliance Revenue from sale of goods Foreign currency translation

AFC WOLVES CIC

Notes to the Financial Statements

for the Period Ended 31 January 2026

  • 2. Employees

    2026 2025
    Average number of employees during the period 5 0

AFC WOLVES CIC

Notes to the Financial Statements

for the Period Ended 31 January 2026

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 February 2025 2,173 2,173
Additions
Disposals
Revaluations
Transfers
At 31 January 2026 2,173 2,173
Depreciation
At 1 February 2025 313 313
Charge for year 435 435
On disposals
Other adjustments
At 31 January 2026 748 748
Net book value
At 31 January 2026 1,425 1,425
At 31 January 2025 1,860 1,860

AFC WOLVES CIC

Notes to the Financial Statements

for the Period Ended 31 January 2026

4. Debtors

2026 2025
£ £
Trade debtors 2,200 2,000
Other debtors 972
Total 3,172 2,000

AFC WOLVES CIC

Notes to the Financial Statements

for the Period Ended 31 January 2026

5. Creditors: amounts falling due within one year note

2026 2025
£ £
Trade creditors 1,328
Other creditors 5,575 5,025
Total 6,903 5,025

COMMUNITY INTEREST ANNUAL REPORT

AFC WOLVES CIC

Company Number: 15437691 (England and Wales)

Year Ending: 31 January 2026

Company activities and impact

During the financial year, AFC Wolves CIC continued to operate as a community-focused football and social development organisation, using sport as a vehicle to improve physical health, mental wellbeing, social inclusion, and life opportunities for children, young people, and families within Wolverhampton and surrounding areas. The core activity of the company is the delivery of inclusive grassroots football programmes, providing structured coaching, regular training, and competitive playing opportunities for participants across a wide range of ages and abilities. These activities are designed not only to develop football skills, but also to promote discipline, teamwork, confidence, and positive social behaviours. In addition to traditional football provision, AFC Wolves CIC delivered community-based initiatives including development centres, holiday camps, after-school sessions, and outreach programmes aimed at reducing barriers to participation. These programmes supported young people from diverse backgrounds, including those facing financial hardship, limited access to facilities, or social exclusion. Where possible, subsidised or free places were offered to ensure no child was excluded due to cost. The organisation also focused heavily on personal development beyond sport, embedding values such as respect, accountability, resilience, and aspiration into all activities. Coaches and volunteers acted as positive role models, supporting young people’s confidence, wellbeing, and engagement with education and employment pathways.

Consultation with stakeholders

The company’s key stakeholders during the financial year included: -Children and young people participating in AFC Wolves CIC programmes -Parents and guardians of participants -Volunteers and coaching staff -Local schools and education partners -Community venues and facility providers -Local community groups and partner organisations Stakeholders were consulted primarily through informal and ongoing engagement, reflecting the grassroots and community-led nature of the organisation. This included regular conversations with parents and participants before and after sessions, feedback provided to coaches and volunteers, discussions at training sessions and events, and communication via email, messaging platforms, and social media. Volunteers and coaches were consulted through regular check-ins, informal meetings, and operational discussions regarding programme delivery, safeguarding, scheduling, and participant needs. Schools and partner organisations provided feedback through partnership discussions and delivery reviews. Feedback received during the year informed a number of operational decisions, including: -Adjustments to session times and locations to improve accessibility -Improvements to communication with parents and carers -Increased focus on participant wellbeing and behaviour standards -Adaptations to programme structure to better meet local needs The company did not carry out a formal written consultation or survey during the reporting period. However, feedback gathered through ongoing engagement was actively considered and used to shape delivery and decision-making where appropriate. AFC Wolves CIC remains committed to strengthening stakeholder engagement

Directors' remuneration

The total amount paid or receivable by directors in respect of qualifying services was £6,395.16 There were no other transactions or arrangements in connection with the remuneration.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
29 October 2026

And signed on behalf of the board by:
Name: Luke Thompson
Status: Director