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Financial Statements

Financial Statements 2021

Valletta Football Club held its EGM to present its club annual financial reports in conformity with MFA Regulations on Tuesday 12th April 2022.

An Extraordinary General Meeting was held at the Salinos Grounds. The meeting was opened by the club’s senior Vice-President Paul Spiteri who laid out the agenda of the meeting. The club’s Secratry Joe Attard read out the minutes before a thorough presentation of the financial statements was presented by club’s Honorary Treasurer Roderick Axisa. It was followed by a speech by the club’s President Alexander Fenech and a Q&A session where the members present were free to ask questions.

The EGM resolved voted and decided on the following matters:

1) The Financial Statements for year ending 31st December 2021 were unanimously approved; and
2) Darmanin Cauchi & Co (DACA Accountants, Vjal Kottoner, Fgura FGR 1382, Malta) were confirmed as the Club’s auditors.

The meeting started at 7.30pm and finished at around 9pm.

Valletta Football Club Annual Financial Report & Financial Statements 2021 download
Valletta Football Club Form LS (UEFA) download

Financial Statements 2020

Valletta Football Club held its EGM to present its club annual financial reports in conformity with
MFA Regulations on Tuesday 13th April 2021.

In light of the persisting global pandemic, it was not possible for the meeting to be held physically for
the second year in a row, hence an online forum was created specifically for this purpose. This was
done because the Club wants the members to still be informed and updated about these important
matters. It must be said that the concept was very well received by the club members whereby
interventions, questions and clarifications were regularly entertained.

A thorough presentation of the financial statements and the statute amendments proposed were
presented by club’s Honorary Treasurer Roderick Axisa. These were followed by a Q&A session with
those members participating online, which ranged between 150 and 200 members throughout the
meeting.

The EGM resolved voted and decided on the following matters:

1) The Financial Statements for year ending 31st December 2020 were unanimously approved;
2) The proposed amendments to the statute (as a result of the Club’s successful enrolment
with the Commission for Voluntary Organisations) were also unanimously approved; and
3) Darmanin Cauchi & Co (DACA Accountants, Vjal Kottoner, Fgura FGR 1382, Malta) were
confirmed as the Club’s auditors.

A closing message by the Club’s President wrapped up the meeting.

Valletta Football Club Annual Financial Report & Financial Statements 2020 download
Valletta Football Club Form LS (UEFA) download

Financial Statements 2019

On Tuesday the 16th day of June 2020, by means of the present resolution, the Valletta FC Committee resolved that in light of the COVID-19 pandemic and also of the restrictions in place for public gatherings to take place, the Club’s AGM cannot be held at time being due to the fact that more than 75 members attend such meeting.

To this effect, the Committee resolving that:

1) The Club’s Executive Committee shall continue to be composed of the same members for the forthcoming football season;

2) An AGM will be held once restrictions for public gatherings are lifted by the relevant authorities;

3) The Financial Statements for year ending 31st December 2019 were approved; and

4) Darmanin Cauchi & Co (DACA Accountants, Vjal Kottoner, Fgura FGR 1382, Malta) were confirmed as the Club’s auditors.

Signed this 16th day of June 2020 in Valletta, Malta.

Valletta Football Club Annual Financial Report & Financial Statements download
Valletta Football Club Form LS (UEFA) download

Financial Statements 2018

On Friday the 22nd day of March 2019 an EGM was held for the approval of the Financial Statements for the year ended 31 December 2018.

A presentation of the accounts was presented by club’s Hon. Treasurer Roderick Axisa which was later approved by the members present.

A copy of the Financial Statements can be downloaded here.

A speech by the club’s President at the end of the meeting highlighted the difficulties encountered by the club during the season and urged all the members present to support the team during the upcoming matches. He also gave an update on the ongoing discussions with the Government on the land promised to build the club’s sporting facilities.