Clubs are required to keep accounts and submit them to the Association annually
Rule 8 of the Association prescribes that all clubs are required to keep accounts and that such accounts are to be submitted to the Association annually.
Clubs are also required to hold an Annual General Meeting, at which the clubs accounts are to be presented to the members.
Below is a copy of Rule 8 for your information.
In the related documents section of this page is a copy of the FA Administration Handbook which contains a basic accounts template, you may find this helpful as a guide as to how to keep your accounts.
8. Club and Financial Records
(a) All Clubs, Leagues and Competitions shall keep accounting records for recording the fact and nature of all payments and receipts so as to disclose with reasonable accuracy, at any time, the financial position including the assets and liabilities of the Club, League or Competition.
(b) Clubs, Leagues and Competitions shall retain accounting records for six years.
(c) All Clubs, Leagues and Competitions must keep a minute book of their meetings which shall be open to inspection by the Association if required. Each Club shall hold a General Meeting in each calendar year and such meeting shall be held not more than 15 months from the date of the previous meeting. At such meeting the Clubs Financial Records shall be presented.
(d) Corporate Bodies – Clubs, Leagues and Competitions which prepare annual accounts in accordance with the Companies Act 1985 shall, on demand, forward a copy of the annual accounts to the Association by 1st October in each year.
(e) Unincorporated Bodies – Financial Statements – Clubs, Leagues and Competitions which do not prepare annual accounts in accordance with the Companies Act 1985 shall prepare a Financial Statement, in such format as shall be determined by The Football Association from time to time. The Financial Statement shall be verified by an independent, appropriately qualified person. A copy of any Financial Statement shall be forwarded to the Association by 1st October in each year.
(f) Any Club, League or Competition failing to comply with the request to submit their Financial Statement to the Association shall be liable to a fine not exceeding as per the schedule. Payment of the fine will not replace the requirement to submit the Financial Statement.