2022-06-30-accounts - Cymru Football Foundation Limited

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Charity Registrati No. 1057856 coMY RtSl5tr41 No. 03202751 (England Ind Walul CYMRU F(xrfBAIL FOLfNDATION LIMITED (FOPMERLY FAW F(M)TBALL IN THE COMMUNrrY UMITEDI ANNUAL BEPORT AND FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30 JUNE 21r22

CYMRU F(K)IBALL FOIJNDAITON LIMITED (FORMERLY FAW F(KlfBALL IN IHE COMMUNrrY LIMITED) LEGAL AND ADMINISTRATIVE INFORMATION Truste Miss K M Davie5 MT L J•m< Ms G Powell Mr I M William$ Mr W L Williams MTS H K Budtl¢y {JJpp)intrd 25 Novanb¥ 20221 Mrs H While Iwint•J 25 Novanbty 20221 Mr R A Williams (apintsd 25 NovemFr2022) K¢y Mn48eTheDt Mi¥s C Mr D Admns Mrs L Hn Mrc Darlingtry) MrR Williams Mrn E Wi118 MrA Lcwia ChArfry muzmber 1057856 C•rnpAOy ty•mbEr 03202751 1ntrrn1OII Spms VilloBe Unitd Kingthy NP194RA Ind¢pend¢Dt Audttor Ch8rtt¥ed Accumtsnts KI StatsJt Audith On¢ Kingsway CF103PW B•nke HSBC B4Mk pl¢ Binley Covthtsy CV3 2SH Prof¢iilo•al Adv1¢¢ Geldarth Ll t)umfriu Hout¢ Dumfrits Pl*¢ Cardiir CFIO 3ZF

CYMRU FOOTBALL FOUNDATION LIMITED IFORMERLY FAW FIXYTBALL THE (X)MMtrNITY LIMrrEDI CONTENTS Indepthrknt audit8. rq I112 statt of fJn8n¢ial attrviti¢g {iDLWand expendlfj) 13 BAiarKe Shc£t 14 StatLThcnt of fio 15 Notes to th¢finmthal atrtcrnenLq 1&20

CYMRU F(X)TBALL FOUNDATION LIMtrED (FORMERLY FAW F(X)TBALL TN THE (X)MMUNfTY LtNIlTED) TRusfLES' REPORT (INCLUDING DIRKcfoRS' REPORTI FOR TItE PERtOD ENDED 30 JUP4E 2022 Thc'frustttswestht thcir Tg Iftd 8wJitd sthttsilthts fthe 15-month tdl 30Julle 2021 Th¢ financial statetllots haVebe in with th¢&xxwnting )11¥ set out in I to thefinBnria] .tatonemts and compty with theTru5Vs govcrning doounenc th¢ Companics Aa 20rkn ADd-AcUnt1g Ki R¢porting try ChaTiIi¢4'. Statement of Rmmended atvlicableto dritieS FryaTit18 thcir financial statements it) #tcordonc¢ with th¢ Fin11] Rqwhng Standud 4¥1icAbi¢ in the UK and Rwthli¢ of Ireland IFRS 1021 (¢tT<ttive l J•mwy 2019)" Thc Cymru Foothll Founddim Limiied (hueafttt ref¢Tred lo &s h¢ Founkn-. formerly FAW Forthll in the Cot)nnuniry Limitèl also r¢frThcd &%-the Trwv and "n8 refenrd to as'th¢ C1wity' in financial statemmts) is a charitsbl¢ comp&ny limilql by Buarantee It on 23 May 1996. company thurnb 3202751. 11 81st¢e a5 a charity (YJ 2 Scptemttt 1996 TeghslrvAioTh numbty 1057856. ObJtttlv# •nd acttvltles The <jLtyS of the Found71 wtttnCndOTr 25 Aw8U5t 2022 to be as folkJw% (a) To as81# in theplannin& furKling and ryoviii(M of new faciliti4 or the imFrovemei of axisting fauliiies. in part of WaJa4 lated to the playing of f(K>ibaJl. (rfherg8m¢s ijr spjrts tr) u51# in ensurit)8 thot du¢ &tl&)tion is 8ivcn w the Ph1¢1 educatiun lkftd d¢v¢lwicniof particirn (bl To furthtt th¢ mNhotion of MmlIty PaTtsC1patir in hts]thy physid rtutation with 3pxific r¢fm¢¢ to impn)ving 50ciaJ welhre arn¢M8 disadvonts8¢d ry)mmunitie4 immi8rats¢s and refiJ8ets. th¢M¢ (mmunities fed Und(¢r11 nathrnlly f()ttdl (fLtherw f To pnxnotctar8ete4 PArtic]Wii actasibility mtcgie& tylty, diversity and inclusion strai¢8tu dnd iusiaithability ithd wcial re5wisibility Stratcpu {includin8 heoith, cduuthon athd ts)Tnmunity devo]opmwt covettng 411 a8es) iwludin8 w¢i81 and ysin8 th¢ offkxthll to iYinB commthiitie5 to8&h. Id) 1.0 underthke •ry X¢ion4 4X%iVitiu 1¢¢• whith yelMplaInMry to orin afty Y rElatVAi to th¢ hievtytt¢mi of the The Foundaii(m thi¢ves thtye (ilIVe& by. {) Delivv 8 of fti¢ility 1nvtsbnt PTO8Thrn that will (kveky 0dID$ fball faLiIiii¥ (bl Devclopin8 tt¢w flIlty modols that #rve 7rrideru)mmw)ity neeth 18 well gamtin8 mote inth)me for the game and its clubs. (¢) Supporting the development of s¢m8v thrtwh eff4xtiv¢ fJcility mana8Utttnt wd pitr maintm•ntt mod¢l$. {d) Thinking lon8 term by investins in virOnMentAllY suststinabl¢ filiii Prior to thi8 tirne. the obicits of theThist hted below. (a) To organix or pA)vid¢ w w8iSt in the rff88ni5a1il of f4cililies thich will enable and pupils of sch)18 and Universities in any of W¥lrJ to play A58tti1th F)fill rK S&W)rty and thffeby t() wilt in lsurin8 thai tt¢tr"oft is 8iv¢n to theYe&l eAluc4iM deVelqXkn of th p1]S a6 well &¥ to th¢ dcv¢lopmtnt Jnd IKawioD ofthtirmind¥. Ibl To orwi5e or rthridc Ora5 in theOr8AniWl or10781 of facilitie5 forphy5iuJ rcKrclltion in the ihtavl¥ of social welf8re Tn •ny wt of Waltt (with th¢ of imwovillg th¢condrticffls of life fort1 trw¥ and Kir18 for whom th¢ 5wm¥ arc providtyj) for toys 8nd prLs wFKTr ar¢ under yws of 08e or othmviy¢ in fijll time ducation wy th¢ Bgc of hvcnty and wlK> by reltI of theiryouth Lf wciaj wea)11¢ cÈr0mstan ha neal of fa¢tliiie& (cl To IxsanioT lde oragsi* iti or&YoTriJion of 3]it1 rypyknthiticy ¢0 thoye ]x7K9 wÉth a disability. with rc8arth to Fceball othtr gwej Id) The prorn of l¥]ty rtIclfilM ID bdthy reLYthn by wovidin8 Or&11)ng in thewovision of fa¢ilitieB forplayin8 &8strinlityJ fo(th]l

CYMRU Fly)TB FOUNDATION LIMrrED (FORMERLY FAW F(X)TBALL IN IHE COMMUNITY LIMITED) TRUSTEES. REPORT IINCLUDINC DIREcroKg' REPORTI FOR THE PERIOD ENDED 30 JU.YE 2022 (coNfiNuED) TheTtU# athi¢v th¢sei#ll ty. • it)crwin¥ rales of by inyurmg in k¢y Stakdl¢TS to Fyovtde oMxxtyttiti¢5 fw Iw 8irl4 playas with disabiliti¢$ and thwe fmm liallY orthslvania8d grnunities: • identifying and develq)in8 • fl¢xibk Ind ae4]Ing f1blI offcr to player80f a]14p and 811 demowhics • )oviding a full rtOfjrXO to imryoveth¢ of (In$ in Wal¢s to Lwrt c(Athes 10 fifil th¢¥r • IdetifyIng and devekyithg takn1 yLwn8 play4¥S ts) thcir prosttssion thr(wgh theplayWpath. . idthtifying. develq>ing r¢tainin8 Volte¢ who hdp LYgani5c fOrtbl ivity' • WOttIng afyj advocating invcmmtht ith w ro5 frKAbdl fxiliti • LYr•tinB A wotrtable strtEgy to txklc uKquity Thyove divuty the 8am¢ in W41w" • more sch111 thildrcn playillg fwthall by typ¢ortd • more regi8t&ryl playLTS Qt clu. • more gti]s playirt8 more football • morete4Tn5 by typt and ay8W: . rctentiott ¢)f Tt8islersJ players: . mrtt 8rtifiGiaJ tyrfpitchcs btin8 dty¢l4T • more coll¢h in Wdlcs at levd.. • m(w¥ ¢oa¢h( progrus2n8 to the t •ward" • iner¢¥ in trainin8 (VWTiunitia for coaches 8nd Volunt5. • inGrcaty in the rxlIst of volunteas rdkinul in thc 8n • mOTt talen4 playm prD8rasiD8 thrgh th¢ DevekTxnffit Pwthwly. Publ1¢ Benellt Th¥ FOdation land fYtAY th¢Tnl}haS c{ryli Ivith the1rdY undtt 1715} of the Charitits Act 2011 to have due regllrd to Buidance blIsh by thecharity CA)rnmis5i¢M wbli¢ b¢n¢fiL Th¢ Fjndltir b¢li¢ves th&t communitie5 ben¢fii from p&rticipatin8 in foo¢ball Qnd (rther In wtigjlar 1¢ h&6 beth skn that FnicipsnL8 dtrdop t¢4mworK ltsdo¥hip, 5clf.esteem. disthplinellnd irnFYov¢m¢nts in physi1 he4tth throu8h wti¢lTirffi in f)fball t¢wn wrts. By followin8 the nhjtttives of th¢ Fwnd8tion and in prtiLlar by to ywble the devdqxn¢nL and improvement of f11111&$ in Wal¢x, ttball ar will be frt¢ly aviil4W¢ th[wghl we8 ol'4bility, LY any disability. Thr FOdtiL,S is and diw with anplorn stsff councils at medinp. rn&tt likely to Affecr &nploye¢•' int43uts. Information of Tr ofc(xKern lo p10Ye is givaj thnwh Inf1 I110]n8 •md rqxrn which gg¢k ty #Chi4 on the of all onployees of the fitwitid HrKI c¢onornic fact5 aff4x4ing the youp's pwforn1C¢. Applicati(ms forrmpIo¢nt by disfyblrd PeTXHt5 arc Blways 1]Y cortsiknj, be4hrin8 tn mind the •rAithdcs of the rolieAnt ntxmed. In the ev¢n¢ of memkn of st&ff disabl•l evtry rffm 15 rnade to ensuve thai thqr ernployinLYJi within thc Foundation eMtinucs and thar thc r(wIth tr8iniThB is arran8L¥J. It is th¢ wJlicy ofthe FOW)dati the traininB. eff developmttrt ptomixirm of disablryl &$ 7b1¢. bc Idl111 tD of dh47 emplvyeey. Aeblevements And perforniAnce sdY inLYC15¢ in number of re8istettd playq¥-97.430. The numb¢rs of fcmale Te8islemi playm has rh)w 11820 with IOJ87 16Y[S of a8& The numbers of m81e playm now r¢xhtyJ 84.610 with Sl.I¢K> bein8 und¢r 16 of ag& Be FotkbRiI SclKxTrls ProBramme- OV 2(W fe]¢ pwils tskrng pwi tTh Huddle- 826 F4rticipants actfJSS ovq 60 <trc5 atkndan(%51 th'5ncy Playmaku8.662 pArti¢llts TA¥0 over40 (37(tr 4tkndaThce81 Footie Famili&s- 21x1 familiu sa8¢d with multi.5kill phycaJ litw wvgram Club devc1qent- Phw 2 of Clwb pYta] hll¥ iwi de10F& to intrtyluc¢ Lqal & Govtrnarjce &rtd Mwrkrfing & Conllnuni(xtions Sup WioT IVPOrtyniti durin8lX)V11%19

CYMRU FIX)TBALL FOUNDATION LIMITED (FORMERLY FAW FCK)IBALL INTHE COMMUNrrY LIMrrED) TRUSTEFS. REPORT IINCLUDING DIREcfoR5' REPORD FOR THE PERIOD ENDED 30 JLNE 2•22 (CONTINUED) As4utht Tr4¢nda¢109, bctwecn the l FebnLary And l 2022. the majority of FAW Trust dqknnthts (Busintss Devd(¢nL C4wch Education. F(x)th411 Devdopm¢nL PCrffftM Analysi5 and Pltytr tkYel(ymt} tranrftThd w the FA W with staff uTrdertakin8 8 TUPE tranxf¢T prow lo beCe methbtrs of 4aff with the FAW. AJI funL%1$ and rryM)ns1l>ililics of thc5e dep8mt& now Bit FAW. STRATEGIC RKPORT Thc M1¢45 in¢lud¢ within this rqfft the m#t¢r¥ bedt8]t with 1n a stwc Ttwrt wifilxlty sct Lxjt ch matttts thrywgh to arhj inclusi%t of. DL%i6i nbi FIDindal revlew Th¢ Fijundaiirn PTtxkn¢ed • ¢LAI deficit for th¢w¥)d of £159.659 (Yerttthl 31 mdI 2021". wrplusof £987,329), 8plit bdween lln utS¢t deficit of £407295 (2021.. wrphts of £859.629) 8rJda Tf5tr1ci surplus of£247.63612021.' £127,7(4)}. The defithi totsl Tu¢fv¢8 in¢ltt& fixd asx%s to £2223.33312021.' incrt&9&1 tu £2J82,9921 of whi¢h £1,713 J32 {2021'. £2,130,627) i• unremthl 4nd £5.(1 Q021.. £252J651 is T¢8tiiao The cash and short4ryrn inVl[lbeTrts by £142,IIY) in lugdy &8 o r(eult of th¢rthion in kThlitLY5 of £761.625. Thi$ is pwtidty offset ty •n d¢er¢• in deiws of £519.884. It IJ theryinion of th¢dir¢rton th the thwld Iw)]d fJnan¢iAI rew¥¢5 in oth towo%vi¢ w(110Th agai1 it8 rinancia] risks ring the 15 m¢x)ths wthreview. Ihe following riskn wtte idth¢ifiwJ ay rta5fXLS frff th¢ Founth¢i¢)n kihold 4 A Si]rient reduction or10s5 in fundi . l)rlaya paymeThl of Amountsdue from m8iw fuDdm8 eLsin8 slwJrt.tenD fQU&tioMI tash Ilow difficultiu.. . The requirement to to meet fithre rtlliwilg iti Tewi of ¢•Jryc5 End otherwntra¢l¢d a¢tivitiu wh¢r delivery spans nx)T¢ ihth one accounlin8 pui(xL' ANI . Future inve5tmcnt in fixed 4s9¢ts and irnwovcmcnts its fa¢ili¢i The Tnjsttty considcr the Flxndation yhould aim to hold at le I miniTnurn Icvd of fimds not tiHnrnitta investd in taTh8ibJe fix so that theqJerati(X] wn¢rnctual 8Livitic• of th¢ Foundthon cojld tsx2tinu¢ in th¢ cvcnl of a Si8nifJ¢tti T10n in fidEn8 a]low time frrconsiderati(m of knv gjch reductirn in fwmling is addre goin8 fonvar Taking inio aco)un¢ th¢ (4wise in th¢oW¥X and futh8 of th¥Fndth. thc rtserveg p¥licy i8 WfT¢lltIy undcr8oin8 a review prC As the Foundation'$ ¥livilie5 and cost bw will k much reduc th¢ will nsIder current and fUtse fithan¢id forts¥ts and In of its cwrthi artd future risks and uncenaintits. Th¢ rL¢W pD11 will dctcrniine Wh of the FcAu)dion will nrd the frrey¢¢&bleSJbJrt and make 8vJiINblc 5uTplus fuTwJs for use wihin then¢w ond ovt1 tim91& Prlndpal hndlng Ur( The princip81 fijniling s)urce5 of the TThst thrtn8 fv 15 weze 8fAnts fr(xn th¢ Football A11¢1 of Wales LirnItj IFAWI, Sprt Wa]¢$ {SWk UEFA and theFA La8ue. subtsitial fundin8 W8s gtLYated thrwgh 5p)ns)rdJip and the delivwy Of(( thion wJn¢s. In the tt tiCJi Lyjurse will Ik the FAW.

CYMRU FCK)TBALL FOUNDATION LtMfrED (FORMERLY FAWF(N)TBALL THE COMMUNrrY LIMIIEDI TRUSTEES. REPORT (INCLUDING DIREcfoRS' REPORf) FOR THE PERIOD ENDED 30 JUNE 2022 {CONfINUED) STRATEGIC REPORT {CONtINUED) Inwutmeut polleyADd obje¢tiv The FowJd&ti 18ke8 a low risk approxh to invatm¢rrt of gpfft clqh. whith is nmn&lly inY(stcd in fixtsl rate knnd5. Iring thc finat)ciai peri(M(5Pp fun¢Js wue investeAI Én short4ryrn monvy dwxsits ai a fixal ratt Sinc¥ thr pwv)d )d, on¢e annu41 FA¥J8eL8 wryr ¢ffifirn)uL ¥Are Lxh h& br invrd in a oumlwof prrx4ucing a fix¢4 r of Teturn. Rlth The TTu&ffs hllvc aduty to idthtify arKI rev2ew the risks to whith the FJ1¢1 is tsp)s>J to ¢Te apwcpri8te contrD15 arc in plt Jxovid¢ lS0ble a&qu[ 88$1 fThud andarry. The Bo8rd of Trusttts aye aw8Yt of wto1iiaJ ink¥nal and 4¢ern risks fac&J by the Found&tion. The OTBanisation &)thdu¢t$ a risk maneMen[ exercise anE)u811y 8ucctssfiJlly ts)mplthl all recommendation$ from 4¥wnlll audit rq>ort8. Th¢ Founkn de¥dq)tsl i Risk Man18Cl Stra4y whith frK41itstes th¢ ¢ffa#iv¢ rtrgnition and m•twl of Thr Found&tiffi has a Fin & Ria surnl#¢e which h¥ th¢risk re8ittU • a4Dding il¢m on e8ch awd& Fvture developmel• A5 Statcd in 1&8t year's T¢POT( the FAW recenity wnplthj a review, Sustainabl¢ A¥YwilL of the Futun This revrew ithcixFxnlryJ I)king at ajl of th¢ S¢rU¢ in Wdsh FxbI. A Tryrt was we1¢ to th¢ FAW C¢Juncil and Shareholders with 80 Trxommendation$ withirt the rqhyt all ar¢x0vI. TheAeTe¢onCtth11tiN have rt8ult&l Trn notally a chftTrBe of ntrhe forth¢ thwity but also a dwJ8e in ¢he obj%$ of the chRTity with a on Ihe prowon of 8r48W>)ts facili¢ie& The artrvitits of the F(XLtth'(KL bring 5upponed by its princi1 fijttdtt. Ihc Fr)tball AcIatiOn of (FAWI. A n¢w fvtylin8 l18rwÉ with the FAW h&$ bccn sigr which COVLYS th¢ pttiod to June 2025. with Ih¢&knJ assurance of a funhty tsvo yc4rs of tk)nal fimdin& The prlorltlu fortht Cymrn FootbAII Fou•d•tlM Tt: li) To Improve ¢xp¢rlthreb e•vlronthe#ts ¢nthling paftiapiicffl 8owth and Tdenl1¢. Ib) To develop Qyallty fadlftlu that med ¢omJlluDIty Deedi ts¢klli8 iRequ•llde•. Icl Strrm8er ar SwMainabl¢ communtty f•x4¥Md with more pl•yen Kgo&% all 4es and tArkyDund5. (d) Do¥bl8 th¢ tt¥rnbtr of vomeo Ind TIl thTtwgh IThspirational Ind Fit-foT-Puw Faciliti TheTruat W&8 f0md undw • Mondm of ASri&l1[ whith 9b1]shl the a1 PK)wery of th¢ ¢haritabl¢ C4)mpgny is govunol by ity kni¢1¢s of A&4xiahoTh Under tknc Arrido the manbry5 of th¢ Council of Mana8emtsit e TTUSt¢N within the definiiion Df scdivn 97 of the aritits Att 1993 WMI shall bc r¢fttrtyJ to u Trus¢ceg in thege finan¢i418¢atema)ts. Tntt sesvvB fOUTry tcrni and may sta1 fw d¢alon fr a furth two ¥urh so that 8 Tn¢mY hold office muimw of twdve yw. The who •Jao the ithrtttm of {nY law. w¥Y wkn raved durin8 th¢mKI wwe.. Mr M C Cursth (Trai8n 25 Noswnber2022) Miss K M Dae3 MrT Good {9181j 25 November222) MrT H Hartley ITC31 25 Novc¥nber 2022} MT C D H8t¢hLY Iri¥igntyJ 16 DxInbtr 2022} Mr D H Jome5 (resie4t Novembu 2022) Mr L James Mr P A Ix OBE lY¢signtyJ 25 November 2022) Proftsgor L J McAllitr (TES1 25 Novwnbtr2022) M5 G Powell Mr C R WhIeY {rc¥iwJ 25 NOW]ber 2022) Mr l M Williams Mr W l. William5 MT K J O'Connor{grp)iftted26 AgUSt 2021. resi1 25 Novcrth¥ 22) Mrs H Whitt lawintoj 25 Noyanbff 222) Mr8 H K Bvcklq (aPEX)int&l 25 Novunbcr 2022) Mr R A Williams (apEM)iDkn125 NovtthFKr 2022)

CYMRU F(xyfBALL FOUNDAT10N LIMTfEDIFORMERLY FAW F(N)TBALL IN THE COMMUNrrY LiMTfED} TRUSTEES. REPORT {INCLUDINC DIRECTORS, REPORT) FOR THE PEIUOD ENDED 30 JUYE 2022 {CONTINUEDI STRATECIC REPORT IcowfINuEDI R¢¢rultment and antrneD¢ of Trn#e¢• The Board of Tnlets G(rnW5¢s eight The Articlu of Aswotion allow forthe FLwtbAII A&v)ciation ofwales LiTllited I'FAW.) to nominat£ fw mtmbt¥& Th¢rfflJaining four 71 at th¢ rOpriate junetLtYeb¢ indePdent1yrCcTh1te Nthe of the Trust Iw w E¢n¢ficia] tnierÈst irt theeowy. All ofth¢Trustces we Mcmbe ofth¢c0nyY and 8UarMt lo contribJie £1 in th¢ cvcnt of a withlith8 11P. Induttlo• and IllIng of Tru¢ Tttave an lthdtsction HondE4y)k on thetr4w1nlrnt to the Board Thii ¢xplaItheIr1o1¢ and [¢¥)51b1l1l1e9 and exp#tiK und Jkills wuired th¢ TrusleernlL Th¢ Foundation is ¥Thtrolknl by theTTuJlcu IC4xllKiI of meel bth¥ten four to 51X tymes y¢4r. Sub C¢Jmmitt¢¢s with d¢le8atcd re$Wy?1 jility overstt ctrtain of the CowKil of Mhn88em¢rbl'5 WOTk. Thc Bogrd of Tru9 arcreswThible for the 5tsEtcg1¢diMti of th¢ FwrthtiThJ aTrJ the 4pprovBI of the opwAtiotl plan, which is ¢liynd with the strateBy of the Fwibgjl of A$sttl1on of w¢5 {FAW. Th¢Truc¢ iThrd will n(thiAlly make decisiong Tet#tsD¥ to Stratcgy and u¢¢ loli0n ITh th¢ of aEwval ofw. Thc Bogrd dele88t¢J 4Ythwity to the Flead 4>t'Opmtrons of the Foundation to cany out theyAti(wl pln. Thc He4d of Optrxiions is suppcrtted by t CUTrate Servi¢¢• Manager who aff wnsidErrd be thr kty mAna8cmeni rsonhd uf th¢ FJndatI0n. Previou$ly un(ler the delt881ion would he beem le(EX1V¢ wag suppThq lry th¢ F4egJtive Team. RemuDeratlo• pdl¢y for key p¢voullel The Trnstees rwisc thot the FOutthtm will wt achicve its ambiti> 1$ unk¥8 it 18 1b1¢ to attract and retsin kty managwneni p¢rsotmel gtaff who ha thc exptricmK thsin Dbility lead by ampk ond to conrribute th the Foundation's continuin¥ Succe Cwyffi¢]y, the ability off¢¥a WM11n8 tlu¢ staff is & ¢ritical succw fs¢tor. ITh common wlth oth¢r¢oMkl¢5 ID the charitabk scdLY, the Found1.$ valuc pr(w%iiim w sff Include5 5urvoniv¢ tcamwork. personal d¢vel(went and $i8rtifi¢4nt jc& 5atisfactioD fm thc xti•J impad thm the 0dtiOn is h¢lpio8 t cncrare. Howevtr. rnunaJtiOll LS Akn imptsk fcf this el¢xKnt of the ovenil rewanl pk88< rw lItY is to pay and benefits at Icycls that are £XXlllf1t for thc x¢t(rand which rw)8nise aTh I&1¥1th1,5 ¥h>lilic4 responbilitI¢$ ond eXenC& In most in thcopinionijf the Tn4te4 this rtw]L8 tll Trmunaztion that is lower than the Fthplc con¢em>J would be able ID eRrn in thccoThiuthal Sethr. The rem11 of key mana8antthi s(M¢1 1$ nLn31 in Not¢ 10 ofth¢ finanthal statrnts. In the Frcviou5 15 m(mth Tr.5 hlgFKst ld employ the LThicf Exttutiv Ststrmeni of trtsittts. responjlbllili¢¥ Th¢ trustcu (who are a150 dir( ofThe CYMN Frthl Fthumknon Limi4 fty th¢ pJrp)•es of c4)mpkny14w) re5ponsibk for prtwing the Thistees. Athlu Rewt the financial ih ldIn¢¢ with appli¢4bl¢14w and reRul&tioii. ComtAny law MtUiTU thetrustets to fiTwKiai fin1&1 psiod. Undcr thDt18w thetru¥tcu hwe prcpartd finanriaj sthtcmcnLS in accord8nrc with United Kingdom Arcounting Stsndardi WTnprising FRS 102-Thc Financial Reporting StwNJard a1]leIble in the IJK and Republic (Ff S1[", and 4)plicabl¢ INW {Un¥tcd Kin8dom G¢nffaJly Acceptul Accounting PTa¢tieel. Uthder cornFMny18w the tTrJstrs Jnust not 8fTffoveth¢ firhanoal Staents unlw thcy tisfiL¥i thfit they $iYe a true fairii¢w of thc sratr of the affBirs of th¢ charitsble ¢%xnpAny of thc ineomins rt%our(x8 and aliallOn of Tr501 irKludiTh8 th¢ inthmc and of thc Charitsble L¥mzF•ny puiod. In PTcpJring syit¥blexL¥Ml1n% 11¢1¢8 MI thrm apply them u)n5Istty. themethojs and witicip1¢5 in Ihe Statanort of Recommu1 Am)Un8 and RqrtIng by ChNTiti¢s (2019): mok¢ JUdnenL$ and tttimatrs that arc rable andwudcnl" $101¢ wh#hw applicable UK ALriMmtin8 oMprisuJ8 F% loi hweiw) followol bit 10 Imy ma¢c¥iai dtpthrts disclostd upjaind in tbe fmwKial Swernts. 8Dd prtpJreth¢ financiaj $emaI th¢ g8 L>xKem 1¢&8 li 15 inappwa¢¢ toprcswnc that the eharitablc ¢panY will ¢cffltintse iti F

CITrIRU F(K)IBAtL FOUNDATION LIMITED (FORMERLY FAW FIJ)TBALL tN THE COMMiJNrrY LIMrrED) TRUSTEES, REPORT (INCLUDING DIRELTORS. REPORT) FOR THE PERIOD ENDED 30 JtINE 21122 (cOrINUED} S¢•t¢m¢ntof llets, responsibilttits The thL3tX5 re5p)b]e forkegpin8 ruxyds are to show and CKpl&in the thgJit&ble ¢ompany'5 tran5aaiotLS 8Th1 disclos¢ with reag)nable cwacy at any time the fLnaN¢ial KYt1 of thc charitablc company at)d cnable to cnsurc that the firtttiAt Stathts comply ith thec1wl¢S Art 2(NJfj. They are a150 rtsy)n&ble f aafrgu8TdTng the of the chwithble ttW•Dy fLY tsking rt&wnabfesw fDr th¢pTrvffltion and detwtion of fratsd and other irr¢gularities. The ttwstees arerewnsLl>lefor theM&tnt2tt and inwityof thetharitable eomtny'$ websi. Legislthon in thc United Kingdom govryning the preparation aThJ dis8antuatiffi of fJnJn¢i81 diffe 1¢8isJ4ti0n in othcr tn accordhn¢¢ wilh Scrtion 41& dire¢wr¥' r¢prrrs wll in¢hHka alanenL tn the of dire¢ in offict at the dth the directors, rcport is Arwjved th&t.' (a) w far thc is awx4 thtze 18 norel¢vthi it infornjthi of whith thc wmpany's audhorn are unawar% Ib) he h&8 tak fill th¢ ep5 th8t hr *t kn have tsken &9 8 in LYdtT to rnake himsdf aware of any l¢v&nI wdlt Inforrnation and to eslablish the ctxnpw's auditffl ate 4ww¢ orth& infonnlO. Mi55 K M Davie8

CYMRU F(X)TBALL FOUNDATION LIMIIEDIFORMERLY FAW FCM)IBALL tN THE COMMUNfrY LIMITED) INDEPENDENT AUDITORtS REPORT TO THE MEMBERS OF FAW FOOTBALL IN TIIE COMMUNrrY LIMITED Report on the audlt of the financial ststements Oplnfion In opiniotL Cymru F(N)tball FLwJndEtion Limitsj {fwm¢rly FAW Fty)tbJJl in thc Communtty L2mit¢d)'$ fiDan¢ial statrments lthc-fLnaThciai statements").. give atruc and fair view of th¢ y¥e of the ¢h2ritablc c4ympgny's affairs t8 * 30 2022 and of its inLThnin8 rure# &nJli¢atiffi of reSOUTce4 Inc111n& its in¢(Kn¢ d and c8sh tlows forthe 15.month th have bLYn Fr[Y in •LwrdwKe with Unit•J Kin8thn G¢¢Trl]y Accountin8 Practice{Unit¢xl Kingthm AcGounting Stllndard& in¢ludin8 FRS 102-7 FIrnCial Re[18 StywJaTd appli in the IIK ark4 R¢public of ITeiand-. 8nd appli¢oble law.. and We audited the finCial 5tsm¢Ms in¢JwJtyJ within the Amvmj wJ Firwidal Stahts lthe"Annual R¢t-1. which compris¢'. the bthncc 5he¢t a5 at 30 June 2022.. the u¢ru¢nl orritLwKial activities (irMe exFthiiThir¢), Ind the cash tIow AAtttht#i for thc l&month and the notrs to th¢ fuJaniia] ststLInt which inclth adttcription of ¥i8ttificont Ecc(oJntin8 )ll¢be& Blils for oplnlo• We conducioj our In r¢ordBnce wilh In1¢rnI Sthjvds ott Auditin8 (UK) flSAs (UK).) and applicable knw. r re4Kmsibililirs undu ISAS (UK) are fijrthtr des¢tiW in thc AlItOrS resp)nsibiliii¢s forth¢ wdit of the financial srat¢1)IS I¥Ylion of our rqx)rL We believe th¢411¢¢V1deK wehave (thined is wffiGi¢nt and apFnwalc lo proiryde 818 fry our opit)iM. We rematned of thethwitsblc in With ts rthiral ryirarwts •r¢ ffI¢V ¢0 our audit ofthe fLnan¥i#l thi¢m¢n¢s in the UK. which inclwles the FRC'5 Ethical St&th and w¢h•v¢ fvjfil1 QUT rthical rewnsibilities tth th thtx TrquE[ryn CoDclusion4 relgtin% to %oln% tonctr B48cd on the wcrfk we haverrfcffml. weh not idcthificd t}ter1 unt#¢aiTrtiu te14ting toevemts or conditioffts that. individually or collectivety, miy wt Si8nifirani doubt on the charithble company'5 ability lo conlinuc 80in8 concern for prriod ofat le4¥t twelvc month8 fr( th¢ d• which the financia] authorisa for In uditin8 the financial statr4nent& we havc Lwludc41 thc tr$. w¢ of th¢ going concern b&si$of 0rtIn8 in the prwtioTh of the financiAi stalonettts is upwtyria However, b)USt fvtulEv/I9 w cththtiw•uA b¢wedithl thii c•)nclusirxtr is not a to the ¢hwitfjble XpanY'S abtlity to ¢orilinK a5 a wncem. Ourr¢grA)n8ibilitia and the re5wmsibiliti¢¥ i)f thr rcya togoin8Cctrn r dwiird in thc r¢kYant SC4Xions of thi8 Reportlng otheT InfoTmitloD The othtt infixmation 011 of th¢ infornJth tn the ArtnuHI RqM)rt th than the finan¢i8] ¥r)d our audiiors. rewn theffth. The trustres arc responsible forth¢ h¢T information. Ckn(yinion the fJthaThGia] 51atvnents d¢Jcs no¢ covu the itLfonnation wd, acwrthngty, we th) awlil Opini or. ex• to the ex1 (rth¥wise explicitly stthi irt thi$ any fonn of auranCe there¥Jn. Ift tr)mI410n with our &udil of ihe finanLial twr¢8wI)ility is to Te1 the othry infornwtim a[. in doing so. CQllSTd¢r whdh¢r thcothiy inforniation is matCTiaJly inc¢xLqirnt with the finaThcia] swtrnts or ourkn(Trwlul8e in th¢audi¢ (rothawisc to berna11Y InismI. If idojtify gn 8rvArrt matttial inwisi5t¢n¢y ormateriaj mtsstatement, we Bre rrquir•] to Ferfffln to mi¢lude whah¢rthue 18 a mattrial mis3¢at¢m¢nt of thcfinathciaj statanents OT &matcriHi mi&mtCrnf of the ts infomththj. If. E45uJ on thc work wchave ptsfonned. we that th¥¢ 1$ a motcrial m155tatcrnl of ihis othtt it)fwnJzti4XL w¢ are rcquirnj to Tt th&( faLt W¢ h?ve nothing to b&1 on thtse reBrym$iknilili With rLEP¢4t to the STrdWiC Re¢ TnLts' R4Krt w¢aJ501xwidued whdher the ititlos]rrs rE4uired by the UK CompatLiCS Act 2{x aThJ Charities Act 2011 hav¢Trr¢n inclu& 10

CYMRU F(M)TBALL FOUNDATION LIMITED (FORMERLY FAW FIYJTBALL THE COMMUNITY LIMrrED) INDEPFNDENT AUDITOR'S REPORT ICONTif4UED) TO THE hlEMBERS OF FAW FoiyfBALI, IN THE COmhfUm LllmED Reporhng on othtr InfthrmtioD Icontinutd) B88d ourwork undcrtakth in thci7Mrseof the theCthnFi kn 2[ rcwirtj usaknto rqKrt certaiTh ryiniMs and mattes Ls below. In OUTopiniffl. b&%ed on the wort u1bjefi¢n in the Clse of the Mlit the inffmnltion given kn the Trustee5' Report forthe fin4nciEI ycar for which the finat)tiaJ stst¢mcnts arc prepared is consieni with the rtnancial Statejnen and thc I"n]slccs' Rwrt has betn prepe1 in pActrdaDce wtth alIk Icgal rt¥uirtmaJ In athJitioTh. iTh IL8hi of thekrtow]al8e utxknthThling of the LJaritable its ffivirnnt obtaind in the COUT8e of the audtl we fEqUiTryI to T if we havc ldrntifi any ma18] in tk Trugce5' RcporL We hav¢ nothin8 to thi$ I¢%L Rwiollslb115tlu for tht fl•Andl %txttm¢ttts tyd the •ud AJ p141nl mor¢ fijlly in thc Sthiement of Itee5. reswisDL iliiim srf outon page 9. the trusttts (who are 8kn th¢ direciots of the ¢h4Tit&bl¢ clp9nY for the of c(xt)rthy law) 4TeTGSponyible ts the ]xqxrAtion of the fitwi¢iAI btslemenis itt ¢otdthrt with the applicable framew wjd for bang Mi5ficd that thq Bivea trueand fair view. The mwtees Bre re4x)nsilAe for such iniernaj c(mtrol A8 they d#¢M)I 15 n¢rw to the Pn¥mil( of ritW1 In prepTr8 the firmncial #ateMen Ib¢ IN$1 aY¢ n$]&ble ftr &8%1n8 the charitsbl¢ comp8ny'$ obilily lo roniiriu¢ &8 o Boing Llmln, disc105ing as 8pplIcab mitttss rd&ttAI to goin8 con(Yrn and the ¢MCryD b&si8 of •¢¢Qlllltin8 unk¥s the ttuste¢s either ind to liquida th¢dwit•blcLYJnyny or w ceueopttaLion$ ot have rto Trniis¢i¢ t¢¢rnatlv¥ IKJI to do . (rOb)1Ve$ ore 10 olknirt Tf¥sOn4bk4T abJul whethtr the finanLial slalants whole from misslalemenL wh¢ih¢r to frwd or CTror. lo issu¢ an alIorS. thDt includc5 our cyininn. ReLwnablc Tn¢t 18 1 high levd of assuranc4 but 18 rmx & 8uaywtee that An thdit in aceithc£ with ISA5 ItIK) will alway$ d4 Ina11 misst4¢mthi wh¢ it 181 MisSta¢anfflt8 arise fTrn fr&ud dttd Are Mnsidcrtd material if. individually in the I888t¢, they jk1 re•%)nobly b¢ ¢xpethJ to ittflu¢n¢eth¢&0nriC kn$ion$ of tyk on th¢ ba&is of tIK5r financial staiunen¢& IrrcgulATithes, in¢ludin8 8re inskncu of (lIanC¢ith I and rt8ulaliofi Wc de PDLthLT•S in lin¢ with our reSpNbIliti wt11n Abw w d#t&# M11 mil¢1ents in ofiTr¢suliritic4 inc]udin8 frllud. Thc cxtent to which ourpr(edm arc pAble of d#ectin8 irre8ulariti4 in¢luding fTw4 ii drAailcd betow. Bd on our undertsding of the (tharitlblc canpuLylifykntry. wt ikntifred that the wincip4J risks of rKm-fAThnpliance with IAWS sDd gUInt1¢S TclfAd to he81th artd safdy, crnpk)ymrnL and charity relatoj Icgislation, and w¢¢ortsid¢r¢d th¢ ¢xt¢ni to which non.L¥Jmpli8nce might hav¢ & malcrial cfftct on thc financial We dso LXKLq1d¢d those la and re8ulbtith)s tha¢ have adiTu# im1 on the finan As th¢cl[nic¥ Acr 2(. Wccvaluat•J manogement's irtttlllivc5 4nd (1mIni11eS for fr4udukni manipulion of the firbonaal {ithclyding risk of OverrideorctMl¥l, and detkymirtul that the winciFd risks w¢reTdat&l to frtyiulwt In10n5 to ovcrjrate the finaft¢ia] perforniance pmitirffl of theC(Anpy. Awjit pr¢¢athlluFofon Includ.. Revi¢win8 Bo4nJ minut&4 and knlithn8di$Sl with m&n88qn¢L IndliD$ ¢Lmsidernk)n of known or su4¢1 in¥tsnttJ of nofKtwlillnce with l•ws Te8ulati5 and fTrud: Using o)n]FWtLTb&qol audit Ini48 idthtify hTghwTi8k rnattwl JJ1 in thoge ¢ort$iderni to have Un1 combina¢iLW: Obtwning third pwty confJTmati(KJ5 of all th¢ eomrthry's b18 •rtd financin8 arngem¢nis. Thar att inh¢r¢nt Irmitaiims in the alit dLXTibgJ We arc I likely 10 be¢xne 8wAre of instsTJce3 of noTrcomplionce with laws and Y¢8ul•ions that arc related to eV£ts St trBnwti{j rcfkcd in financial ststan)ts. Al80. the risk of not drtediD8 a rneri misstslmtth fr•wl 1$ highcr than thcrisk of IMX det&tng one r¢wJting from crn>r, 85 fraud may involve ddiber* e(Kh¢tby, fexampl4 forgtty misrepresentations or throu8h collusiuL A futth¢r description of ourrtspmtsibilitics fry the wjditofthe financial #attments is I on the FRC'S websh¢ at.. www.frLor&UklaIIOTsreSpO11SJ1liti¢s. This d¢sfflOioD frn of oUr&irn. r¢potL

CYMRU FOOTBALL FOUNDATION LIMITED (FORMERLY FAW FOOTBALL IN THE COMMUNITY LIMITED)

INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF FAW FOOTBALL IN THE COMMUNITY LIMITED

Use o_f this report

This report, including the opinions, has been prepared for and only for the charity's members as a body in accordance with Chapter 3 of Part 16 of the Companies Act 2006 and for no other purpose. We do not, in giving these opinions, accept or assume responsibility for any other purpose or to any other person to whom this report is shown or into whose hands it may come save where expressly agreed by our prior consent in writing.

Other required reporting

Companies Act 2006 exception reporting

Under the Companies Act 2006 we are required to report to you if, in our opinion:

we have not received all the information and explanations we require for our audit; or
adequate accounting records have not been kept or returns adequate for our audit have not been received from branches not visited by us; or
certain disclosures of trustees' remuneration specified by law are not made; or
the financial statements are not in agreement with the accounting records and returns.

We have no exceptions to report arising from this responsibility.

Entitlement to exemptions

Under the Companies Act 2006 we are required to report to you if, in our opinion, the Trustees were not entitled to: prepare financial statements in accordance with the small companies' regime; and take advantage of the small company's exemption from preparing a Strategic Report. We have no exceptions to report arising from this responsibility.

Jason Clarke (Senior Statutory Auditor) for and on behalf of PricewaterhouseCoopers LLP Chartered Accountants and Statutory Auditors Cardiff

29 March 2023

CYMRU F(xJfBALL FOUNDATION LtMllED (FORMERLY FAW F(X)TBALL IN IHE COMMUNITY LIMITED) STATEMENT OF FINANCIAL A1VITIEs (INCOME AND EXPENDITURE) FOR THE PERIOD EYDED 30 JUNE 2022 Unrtxrfrted F4ds Rutrkttd Perlod EDded Yer Emde 311 JuDt 2022 31 Martb 2Qll Imtonw from: Donatiths L¢%1 aritable CoachLn8, Educatton & Trnini (knertradin8 Attivits Inler¢st ff¢¢ivabl¢ 1,551.889 2.035.LXKI 3.586.889 1975561 1,913J85 424.980 11367 1.913 J85 424.980 12 J67 783.117 224.727 9.298 Totsi imcome 21 937 Expdltyre on: Funds 39J81 39J81 41,850 Coaching. EduL•tiu) & TAinin% Gr8¥srwts PlayLY Access & Inclwion Play¢r D¢vdaprnMi 2j,048 741.879 1,168.fA)7 288.662 1.064.953 433.750 2.648.710 1,806.832 l.fA)2.357 1,411.925 831,464 720,135 Toll thyb expeDdltsvt 34 1.787 365 6.057.8 Total eApMded 4J09915 74 Net Idefi¢itywJrplu8 for 1407.294) 247,635 {159.659) 987.329 ind Bolantts brou8h¢ forwwd 1130,627 251365 2J82,992 l J95.663 Fund Bl4Ncu t•rrled fornrd 2323J33 Th¢ 8¢atanMt of fmftn¢ial athivitiea includ¢$4118•in8 aThJ loswi in theptrt¢xl. All incom¢ Ind exFaiOwedvi ¢tiving x%iTthir& Th¢ of finan¢4al activities alx* ¢xrylio¥ with the m4uim¢n¢J firan irKLYne a¢4xwnt undLY the Conpani¢s A¢t 2(KO. 13

CYMRU FIY)TBALL FOUNDATION IJMITED (FORMERLY FAW FOOTBALL IN THE COMMUNrrY LIMITED) BALANCE SItEET AS AT 30 JUNE 2021 30 J••e 2022 31 M•reh 2021 Fixed alts Tangible &ets Investtnw in subsidi•ri 21.807 36.103 12 21W 3&AIJ4 Curreot •Mets SiiKk8 LkbtrJr% Cth atbank and In hwd Invcstments 14 15 4573 359.788 J.251.977 3.0 879,672 3,033,537 360.549 4277th78 3016J31 c111.. arnounts fallirw thewithi on¢ yr 16 (1.414.813) (1,930,PX)I N¢t CuTrfflt as8¢ts 2201.525 2J46388 Total •uets lem eurreut IIAbllltl¢• IDcom¢ Funth R&8tMeied fuN15 Unrthctthl fimds Totsl Ch•rlty fv•di 18 19 252,365 2 130627 1723 333 Mi$8 K M D8vies Tru5tcc clp)Y Rry19tlI No. 03202751 14

CYMRU FLKITBALL FOUNDATION LIMrrEDIFORMERLY FAW FWIBALL THE commu LIMITED) STATEMENT OF CASH FLOWS Fok TFIF PERIOD Ef4DED JO JUNE 2022 Perlod o#dtd 30 JuDt 2022 Year endtd 31 MArch 2021 Nott {154.476) 1.076J34 IDvertlkng a¢tlvl¢l¢s Rjrchw ot'¢angibk ed uxts Purch49¢ of invutmcn Sale of invL8Imts Intt¥e4t T¢1v (19.963} 36lJJ49 12.367 Net caih er•t frothV(M#d lth) lllveitlni •ttl 371916 (17.231> 2J4440 1,•59J Cash and •wivaJ¢nts at beginning tsf 3.033J37 1.974214 Cuh and ush if the ood •f the perffiod 3JS1977 3,033JJ7 RelA*lni ts". Bonk b&lan¢t Sbthrt le dry7 2.475.701 77 2,775,9( 257 628 15

CYMRU F(K)TBALL FIXJNDATJON LIMITEDIFORMERLY FAW F(MyfBALL IN THE COMMUNITY UMITED) NOTES TO THE FINANCIAL sfATEMENTS FOR TFIW. PERJOD EiYDED 30 JUNE 2022 Ateountittg rM)liei¢¥ Trust information Cytnru Foothwjl FoLmdatirn Limid FAW F(MHlwll In The Cixmnunity Limtted) 1$ a wivate compry limitcd by 8uarantc¢ in(x¥Fxrat¢d in En818TrJ and Wa]es. TherylStl office is tkn8on Natiotl F(x)ths]l D¢vdo1t Centr N¢wy(¥t Interr11 Stth8 vil]$ N¢wrt NP194 Untt&4 Kinsth 1.1 Arfounting conveAtIo Thfac finon¢ial stsiemertts hav¢ b¢M pftparrd in xcordancc wth FRS 102 Tr FInanci RertIng St8TrJaTd applicablc in the UK and Republic of Ireland" ITRS 102Tr-Accounrring and ReprKting by Charities" thc Staremcni of Rttmimthded Prothice for th8ritie4 aptAyin8 FRS 102. th¢ CiYnpJnt¢¥ 2[ atwj UK Genernily Atc4trl ALrwLting Practice as it lics from l January 2019. Thc TnL4 is a Public Bcnthi Eniity &8 defir1 by FRS 102. Thc finala] ststtmMts4T¢ in stalinB. whith i• th¢ fimaiobml pJrr¢•cy 0ftheThl Monw 8mounty in th¢8¢ financial sratememts alemun] tv th¢ ncartJr L Thc fin¢¢&1 s¢aian¢nts h•v¢ bEm un&Y th¢hithficAI ox¢ convajrirn. The wincipl ¢¥118 p)li¢ie8 Athpied 8re srt ou¢ bdow. 1.2 GolTh8 ConeeTn As mcolioncd in th¢TnwM Anrmthl Rqxirt, the xtivilies of th¢ tt¢w F)wMknon areIn8 sur4ffits1 by prmOl fimder, the FtbAll AKIllI10n of Wal¢Y IFAWI. A fiJndinB 08reemeni with the FAW been signed whith th¥ wiod up to June 2025. with the 4¥SUTance of a ffiJrthLY two yem of OTmtirffjal fimdiTrg. (kn thiy ba4 th¢ Trusteu are ¢ontffit that th¥ new Foundation h&9 adqu¢ r¢swr¢u with which to ¢tim it$ operntional rxiFAmcc forth¢ for¢¢•ble IJ Chlrlimble htydi unrestria fund¥ 4vDilablc fw use at the dikYdi of th¢Trtr in furth&tt of their L4J8ritsble objettiv¢8 unl the funds hw¢ de8igntd for otherFAffjJos Restricbl fvnd$ ate to speeifie ¢ondition8 by as to bow tlw mty ThepwFMXU and uses of th¢ ¥trictd aT¢ S# Wt in In( kn the financial stsmeJt& IA Itt¢•mlD8 rHoiirt Income És rttY)Kni)1 whrn the Trust 15 leglllly entitltsl to i18ftwany haNtbt¢n th¢ Mnoun i bc re12ably, It it 18 wable that Incl will bc rweive41 Ch th>na¢ims are recoyb15 on recetm. Oth¢T dththti¢Ms Arereco8ni8al onte th¢Tn¢ t]fi of the donation. unlr48 pthtn¢ccondition8 r4uiredefrnl of the Thwni. Incune lax rtwv¢rnbl¢ in relation to doThalions ruwv¢xJ Gift Aid orderAls of covenani is thclimr of thedat1[AL On tIpt. d(n&t¥J facÉlitie4 are rwnixd on th¢b&k40f th¢valu¢ of the gift the Tnw which 1$ thr arnouTht the TTU8t would haY¢iwi willing to ply to obthin 8ervi¢È% and f¥ciliti¢s of quivak¥LI btmefit (m th¢ rnark& a rrtxponding arnaunt is thcn yeaniS in expdire in th¢ of Tfxapt. InG(m from govartrnent and othergrant& whohff 'wiraf gran is rtt4)BniFthf whffl the TTus¢ has entitleme io th¢fundg Jny pf(¢¢ ¢mdition5 the w have be m¢L li i$]ble thHt thc incomc will E tweiv&4 and th¢ #moynt be me45ural reliabty WAI is M d¢f¢nr 1.5 expende41 Expthditure is r¢cognisd once thett is 8 legal ryermstnwivt(lig•tiLm to makea plym1 io a thitd m. it is probable thbt settk[[Lt will wircd. llnd the arnot rftheobli8ation ron bc mSUm1 reliably. SupwrtcoAs futX*ions wist the wThk oftheTnLst Ixrt undert&e thl&ble &ctivities. The costs have dlocAted pdIre chsrirable actiTritie& Thc which costs have beth s]loc&ttsl are set out in ftc4¢ 7. 16

CYMRU FOOTBALL FOLINDATION LIMrrED (FORMERLY FAW F(X)TBAIL IN THE COMMUNITY LIMITED) NOTLS TO THE FINANCIAL STATEMENfs (C•litiw¢d) FOR THE PERIOD END£D 311 JUNE X122 1.6 T•rtzlble flx¢d awtts TanwTrle fixed assets are initi81ty HtLr•t and t#)tly coyt ¢x valuatiry neE of dlation and any itnpairnlt Ilws. th¢following b¢8.. Fixtitt¢8 thdfittin85 M(rtorv¢hi¢l The gain or1088 ari$irt8 on th¢di$pwl of wl as is d&entJitie4 Is thcdiffcrcrtt bdwetn the FWD¢rd5 gEMI th¢ Lwing value of the A&&Ct 1$ Tev)8ni8ed in nL in<<%PNVJItic} fortheid. 1.7 Flxtd imet A subsidiary is An entity corttro]W by the ThIyL C(mtrol 18 the the finaTh¢ig1 •d OF1$ 11¢1¢# ofthe tity sj al bt¢fits fnln its •(aivilie 1.8 Imp•lrw¢•t of Illed At tach rwrtin8 dat4 th¢ Tnur TCTrlVWS the catryUk8 arnoty0r ils tangbl Ic intsn8iTrJk ¢0 dthnine whether thwc 15 Bny Indicion that those have gJfferA 8n impjim)th¢ lox If any such indi(1 ts nol exced the(Tryih8 amLwnt that would have been denined no impBinnrni Iiw rwnixd f(w the •ssrf in PTilYyC A revtt of impairnjwl loss Is TonI¥¢d immtyJi8i¢ly the rekvant anhwni in hiL th¢ of the inJpdiThneni Iwg is tr¢&tal a$ 4 rEVHlUa¢i( incru 1.9 St•¢k¥ StoLs are slatcd at the lower of ¢yttmatwJ ydlingryic¢ I ¢0#5 and gejl. Cost ¢ryiS¢8 dire¢t rnat¢rials an4 when applibla djTrd18bwr thoseovtttJets that have iwi in¢urt&l in brin8in8 th¢ S¢8 to theirpresent locAtirn and ¢ondil¥)n. It¢m$ held fordT5tribJtim at wnominal wnsiduation I¢ me4wn¥J at wst. Nct rcalÈsable value is thetstimatal %llin8 wice less all e&Lin o)Sts of LXMnpkti cfAty in¢7] aTketin& seJlin8 Bnd disrribtstsorn 1.10 Th¥h eq•lvsltn Ca8h xnd cash quivaien¢8 incluth ¢0gh in iJriThiL8 held at lI wtth Irth short-lcmi liqllid inveknts with origitLai maiuriti¢y of tllrec mrnths or Itss a1 overdrafis. Bank ovudrAfts are shtswn withiD IMKrowings iti curjut liabiliti. 1.11 Cxrrtnt A¥set iDve¥¢mats The Trust clwfies short tffm dEwsits of 3 M(h8 and l yc8r&f Cumt inve¥ttnots and includu such 8t the valuc when the dt was rnado At t1leba1ar shett d4 th¢ aYg¥ge malurity of the knits 6 TrKmth& 17

CYMRU F(xyfBALL FOUNDATION LIMITED IFORMERLY FAW F(KYfBALL THE CINMUNITY LIMrrED) NOTES TO THE FINANCIAL STATEMENtS (CoDtiDVtd) FOR THE PERIOD ENDED 30 JUPE 2022 l. polldts (Ct)J)dnlled 1.12 FIDnd41 ThcTrust h&8 ek(led to apply the provisi( of Sertion I I 'B&si¢ InStnents. wd Section ]2'(er Financial Instruments I¢. of FRS 102 w ail of its financial instrnmet)t& of the instrum1. FiTran¢ial as8ets ond li81] Dre offK wtlh the net arrKwjntsryt in th¢ financial #atcmcnty Wh thete 1$ 8 legally foTce4ble right to sd off the Twniwj Om there is ao to Srtrle on a nd b#8i8 or tts rc&li% the as5 and ttle the liability simulta1$by. B•¥l¢ flnandAI Basic financial &8W. which include ddkn grMI ¢&th •nd bnnk baTtt. w¢ initially at tranBction ryice in¢ludin8 ¢osts and are subs4utht]y at amortistsl co using thc dTectivc intargl Unl the Trangemwi ¢onsiitutu •fi0Cing tr, whtr¢ the rn¢a5ured Dt th¢presemi v8iu¢ of th¢ fururc rettipts d18count ai a marka Tat¢ of inttrest. Fin8nthAI asyrfs cl&ssifiol &8 recei1¢ within (me year fv)t 4Th)rtiscd. Ilmintlal Ilablllile• Bosic fin8nciAI liabilili¢5. InclbAB (xditoffs Ixnk loAn• ve initially Ttsy)8ni•>l trnnsactifm wi¢¢ unlo¥J the arTan8imts)I cM¥ti¢ut¢J a financin8 IfltLWliim, whur thcthbi inmmull is at the pYr•eM v41u¢of the future T¢ceipts di8couni¢4 u 8 mwket of iniue. Finattciil liabrlitiuclwifityj pryablc wtthin Meyear wre not amort]x. Debt instrumenls •r¢ 5ubwty At usin8 the eff1¢ intcrcst rmahixl. cr¢di¢m arc Il)ligations lu puy 8oods or scryict4 hxvr aquir&l in the ordit1 of wations from 8upplim. Amoynls arc C181fied turrgjt lith"litie5 if pwnalt is due within oneyw or l¢ss. If nol they are [Ke811 ay liabiliti&4. Trk ¢rulitOTS arc rwis&l initi41ty * tr4ns&cThcrft price w)d 9ullwutjY measuM4 at am¢Jrtis¢d ¢os¢ usin8 th¢ ¢ffx¢i¥e inrt DeT¢t•inltlon of ljll#¢knl lknbllid FinanGiaJ liabilities ar¢ dffwni5ed when the Tnw's obligati$ expitt oraTr dcl8ed or cwdl 1.13 Employee benefits Th¢¢ostof unus1 huliday is rxoRntse4J it) th¢kKy1 iti which the employe¢'$ %rvice5 UC Tecciv ¢mploym¢D¢ orto wovidei¢nnirw1 beefi 1.14 Rdlremeni b•tsrflts Payments to dcfinrd Mirtyn¢nt schemes as an expue as th¢y fall th J.15 lux1 Retst8 pxy8hl¢wLts qJw&ting k•o¢s, irKhMlin8 any le& rrcrnL to inmm¢on a strai8ht.Itthe basis over th¢ tcrn of the rekvant I 1.16 ConlWtloD The TTU5t is not C4)11d1t fJn3ncial *aCts th¢ trading >bdISry PArt Y Ddraig Limtl being it))m•t¢ri)l to the charity'5 fitwicihi ststement& 18

CYMRU FOOTBALL FOLfNDATtON tIM11ED {FORMERLY FAW FCM)TBALL JN THE CX)MMUNITY LIMITED) NOTES TO THF FINANCIAL STATEMENfS (Contlmvl) FOR THE PERIOD ENDKD JO JUNE 21122 CrltkAI At¢olllltlN¥estlmatts J¥dgmtttts In the application of the Tn]st'$ xcounling policie& the weryuitd t0m&¢judgane15. e5tim&tes and a55umptions thc onyins 8mouE)t of arKt liabiliucs thai are not rtadity 4parni from (xher soure¢s. Th¢ im$ &nd ASS101j wJThpiions are on hixwicaj eX[AxL and that arc crmsidtrnl to be J%l¢vanl. A¢tuAI results may diff< fivm thC c#imatts. Thc cstiJnBtu and w¢kn]yin8 #gAunOions we ffigoing Revisims to (xxxmting &%timates ore rcwgni5cd in the 0d in whith theestimate is mistsl whue the revision atT&Yts wly that Foi04 (r in the 0d of the D•llatloni Iwd¢• Perlod ended 30 Yt4r emded 31 21 M•rch 2•21 th)natiimJ and gifts Grani$ r¢c<ival 13¥.557 1413J32 40.0 178.557 3 408?32 JJW89 94.074 2811487 lJ51 2.03&1 4975J61 FLrth¢ year ¢dthl 31 2021 1.747.947 1.227,614 2.975J61 Grants re¢olved: SW Core Fun¢lin8 FAW Grhrtts FA Premier tw¢ UEFA Hat-tri¢k fvnding UEFA Eut0$ En8a8an¢nt UEFA Found&ti(Yb UEFA WF Dev¢lopmthi Fund FuTiuu¥h grant IrKle Minor grants 1.495.(IXI 1.495.0 1250.rKx) 1117.5Th) 317.288 65.1) 43.072 34.830 10.037 1.224,930 I,(M)O,OC 1S0.(KX) 236,962 750.th 187.5(YJ 317288 43,on 34,840 10,637 4.WS 241.214 8J81 1.413 J32 1,995X 3,408,332 2,881,487 Olher trdkn8 Artlvldm P¢rltsd tded Yur fflded 31 30J•th¢ 2022 Matth 1021 Other income iKttin¥ ¥rtd licing arran8ements Swisonhip in¢(xne 45J71 92J40 8.348 51.545 224n7 S. R*iiing fmlldi Perfod endod Yur ended 31 JOJYDe 2022 MMr¢h 2021 F7$ing a1 blICIty.. Staff costs 39 81 19

CYMRU FCrf)TBALL FOUNDATION LIrED (FORMERLY FAW F(xyfBALL IN IHE (XIMMUNITY LriArrEDI NOTES TO THE FINANCtAL STATEMENTS (Co•lknll) FOR THE PERIOD ENDED 30 JUNE 2022 & CbArltsble ctlvlt Co•¢hl Player P¢rlod tnded YeAr ended Edufatlon & Play¢r A¢4w Developmoat 30 J•tte 2•22 31 March Tralllmg 2021 Staff Costs 935y21 425.105 541.466 4289 615.768 17.7 (A1452 64.034 1,9)2,492 14,297 2,768,746 81,760 1288.(YJ6 15.5W2 820.410 10,0211 96.173 11.0721 1.04 49.836 72543 24.494 .110.056 14,125 18.136 Sijff cxpenses Prcmi TT8vclling cogtsllincom¢) 2.130.no IJT2.426 1303MJ8 5.(K16,934 2,231J81 Grani fvnding of activities Shèrcof SI CLx8ts Ino 7) 304,476 32,889 228367 14.938 2W1729 19.027 1.023,472 00,854 7UIIO 31,682 71 1.013J64 097J8• 3.105374 F.xdire0n charitable 1VIti# for the Is-mrmth pryiod w•$ £6.(P)7280 {Ye4r ended 31 M•rch 2021: £3.Ci15J741 rjf which £4266,844 was unrt$tri {Yur ed 31 March W21: £1.A)5.4601 and £1,830.436 w#s ru¢rictul (Yc4r endd 31 Mrch 2021.. £1.OW.9141 Support Co SppDrt ctr•I¢t Perlod onded Ve•r ¢nded 311 Jule 2022 31 M•r¢ 2021 of 4lloraJtloD StstYCoy¢¥ Prryni OffiK Cos 435.114 352.639 98J69 8,375 7,782 18,754 62239 402LYI 435.114 352.639 98,369 8J75 7,782 14754 62239 40201 349J55 224.403 76.738 1.350 696 5.910 55.908 7.750 PLY ¢4pilA Ptt wira P4y capi¢a Ptr capita Per capila Ptt cBpil& Per ¢gpiti Pert4Pity Meeting ¢0gts TTainin8 Adverttsin8 (Xhers)Ists TnJ8ter5 Audit f LeBal and profesyityw] 5.125 11.71M) SQ¢J29 5,125 399 QovernatKe 42j79 GovTh)an(* I,QLIAr£ I,OW20 773,792 GoYcaMce costs inchth payrntntstothcaudith of £1 I.7) ududing VAT (31 Matth 21Y21.. £8.9M) for alt fe<8. Perlod ended Year ende4131 3• 2022 March 2021 Nrt Mov¢ni in funds is ststts4 8ftty ¢hIng. F¢r5 payablc to ¢LWAny'S auditors forthe •udil o(thE C.$ fi0181 11,7Tr) 8JJO D£¢tion of owll•l tryiTrJle fix¢4 14 15

CYMRU FO(YfBALL FOUNDATION LIMrrED (FORMERLYFAW F(M)TrAIL INTHE COMFrfUNrrY LINIKTEDI N(yrLs TO THE FINANCIAL STATEMEKfs (cont1dI FOR THE PERIOD Ef4DED 30 JUNK 2022 TrustttS Non¢12021.' noncl oftheTftts (tr 8Dy ¢(nCtltd with them) rtt¢Iva1ty ranv]Jernirn or tw¢fts from the thjring thewiod Imt 6 (2021: 1) of thcTTUSttts wetert¥mTYfJ k)tallin8 £2.72912021.. L815) rdalinB ¢0 tr&vdlin8 CXPUlSt& 10. Emplgyff4 Ntser0f cmployw: 1022 Number 48 2021 Number 42 AveA8eltMthIy numberof anpioy Employment eAyrt&' P¢rf•d ade 30 Je1022 Ye4r thded 31 Mr¢h 2021 Wa8e5 and slll8Ti Social Stturily ro8ts 1,834,630 182J50 162240 1.305.] nti 131,695 123,728 2,179A20 1.$60J31 2022 (15 montbil N#mb¢r 1021 112 monthll Number £60.(M)1- £70,( £70,IK>i - £80.(KKI £80,IXTrI - £W,(K)O £),1 -£iw,o £140.[ - £150,1 Remuerntlon of key m•M8¢m¢ni penotl: The ranun¢xation ofkey mthaganeni Pe7 18 a8 follm. P*rlod ended 30 Year ended 31 Jutst 202Z MArch 21121 115 rnoDthI) (12 month•) 570,344 428.726 No 8uararrtee5 hav¢ b¢tt) Biv¢n 1x¢¢IV0£ 21

cRu F(X)TBALL FOUNDATION UMTfED (FORMERLY FAW F(KYTBALL IN 71 COMMUNITY LIMITED) NOTES TO THE FINANCIAL sfATENfENfs (Cwtlolled) FOR THE PERIOD ENDED Ji) JUNE 2022 Fixtsru •d fl¢154p Motor VehW# TotAI C05t A5 8t I ApTiI 2021 Additions As at 30 Jut)¢2022 327,115 11,248 331363 327.115 11248 338,363 ACmUlatl D•i As At i April 2021 ChATge forth¢ A$ at 30 Jun¢2022 291.012 14 305.309 11.248 302,260 11248 316,557 Carrying value As it30 June 21122 21107 21W7 A¥ot31 mch2o21 36.103 36.103 12. IDVUtmthts IN subdrI¢S The Tnwt holds 1(MP/• vf th¢ votin8 ri8hL8 in its subsidiary COMpY Part Y tkjraig IAmitrAI (c4)mpkny nuinber 08291896) whith is inL¥t¢d in th¢ Unit&l Kinglknn. for which thr folkn¥iTh8 LS spplithl Nrt •wts Ycor 31 March 2(122 1£25J611 £83 13. FlrAAoelal 3• Ji•e 2022 31 March 2021 Cwrying v4lue of financial Debt InsiwmL7LlS me8sur¢8 am(xtised Equity instrumen me4surttl Mst less impiTnXYt 331240 604.704 C4rying amoum of financial liability Mcasured at WW¢i5rd 355 857 521.815 30JoDe 2022 31 Mareh 2021 Kit cquiprne 4573 3.920 13. Deor 311 JDDe 2122 31 M#r¢h 2021 Am(rtmt5 fallin8 in (¢ ycar. Amounts due bsidi8ry 70,484 I50,6 110,749 297,492 84.632 221580 359,788 BPl6n 22

CYMRU F(X)TBALL FOUNDATION LIMllED (FORMERLY FAW F(xyfBALL IN I1 COMMUNrrY LJMITED) NOTES TO TFtE FINANCIAL %fATEMENTS (C••thll4d FOR THE PERIOD ENDED 30 JUNE 2022 l& CrtdltorL" fUiDK du¢ o#t year 3t)JuTrt 21122 31 Mirch 2021 18.047 337.810 34282 354,2(N) 133.333 1.408.975 (khtt£ttdito ALYnthls defrnl incom¢ Amounts duc to subsidi 1.036.455 22501 IA14J13 I,937 Deferred l•¢othe: 30 Jwmt 2•22 31 Mrth 2021 D¢f¢rroJ inc<xn¢ at beginnin8 of 7{¥1 914.125 906,711 65.454 214.859 Amount¥ lied in the ptiityj <81XJ,(MOI (207,445) 179,S19 9J4J25 17. RtIreml benefit The 01•t¢S ad¢fine4 (Mtnlyuuon prn8iOtt for a]1 qu•Jifyin8 wloyt<& Thc &wets of the hane Ire hejd f•FATlY fr<¥n th08e of th¢ Trust in an indq)>¥kntly thinistrmj fun Th¢ ¢htr8e to profi¢ w l( in reBpxt of defirtd thtrIbl 8dneJ w¥£162240 (Yeqrathj 31 Mtreh 2021." £123.728). 23

CYMRU FOOTBALL FOUNDATION LIMrrED (FORMERLY FAW F(M)TBALL IN THE IX)MMUNfTY LIMITED) NOTES TO THE FINANCIAL STATEMEN15 (C•nthiud FOR THE PERIOD ENDED 30 JUNE 2022 l& RIrkted Al J Aprfl 30Jllne 22 L4veJ P]ayin8 Fb¢ld 120.7631 185.785 lJJS,IxTh) (1.720.715) UEFA Mthl Hethb 43.817 (451171 FAW F•cilitic Fw JrA)000 11.787J6S) P•trpthof R¢wlrt•d Fuds Th¢ Ixvel Playin6 Fi¢Jd IlJndtsr¥ay YOU the fringcjof il difficulr lopY foot1. The raiw>Ai¥m is d¢Ents1 10 finan¢l bllrri eK•w88tkn wilh dil1111d nKmbttsofthe BMEC4)mwALThity 10 ply rw117 with the altn ofenHrini e¥uyy(Ym8pan the saw¢11. Sport Wales Proy•mm¢• Sft)rt Wa1¢5. bein8 a futsdThs8 FvbKroftht Tnrt fmdinz•d S11 fw)di)8 forthe tsli¥uy of nwnyof Ihc ThL%lIV1ti¢9 inthe 8rtuof thmknlity ¢ql11y. UF.FA MeDll I11th 'lThi% CampD1. fimtsj via ULFK rthnl•dixiinwswion aPiDrtmAe with hrlth i5W¢5.The pro8rnmme tsAblcs Frfgpk with merrtal h[th 1Ve IFffDU8h th¢ wi of fthI1. AW Ftllltlei Fund The FAW have prowthl fiJwJin8 thh li fx11ry in WthL 19. Unrtrtrl¢tsd Thu¢ are umtstrici fi% whidj mrial to th Tvygt'84K%ivitieJ& are mgdr up a5 follow•'. •t l Aprll IDwMID8 Re•orc re••iiiw expended Ai at 30 Jujh 2022 27 621 4 309 915 l T23 332 20. AnAlyth Mlets txtwt¢n fvDdi Tg1*1 at 30JwK20Z2: T¥L8ibJ¢asxts 21,11)7 21107 1.701x25 2201 J23 t,7JJ33 1113J33 24

cRu F(KyfBALL FOUNDATION LIMITED (FORMERLY FAW F(K)TBALL IN THE C(MMiJNITY LIMtrED) NOTES TO THE FINAT4CIAL STATEMENTS (Co•thiued) FOR THE PERIOD ENDED 30 JUNE 21122 21. Oper•tlThi cornnl• l)x faIldUe fOlkn.. 3•JwA¢ 2022 .11 M•reh J21 ontye4r IJOA79 424113 432250 71X).(Y)O LI55M2 iJ40W 22. Relatod p•rty trnnMe¢loAI sevl of the are hlso part of th¢ kry monagcmrnt pCrncl of The Fball A$ciati of Wales 1.imil. In¢ludcd in these financial ytatements arc 1$ r1vAble and Tttharges receivable fTom The Fv(Fthall A550ciation of WalLS Limitcd of £1.250,fXJO131 Marth 2021.. £1.IKMI.O(M)l and £227,695131 Marclj 2021.. £153.129) Tr¥ptiVy. At th¥ p¢rid amount of £15,198131 March 2021.. £301,548) w45 owcd to the TNst and is included in deor$ falling du¢ wthin onc yw. Al th¢ period end of £nil131 Mh 2021: £332,309) was held in defttYJ incom¢ to b¢ utilisfyj tn fvrur¢ finan¢ial p(j8 and £49,497 {31 mch 2021.. £?2,9381 way hdd in erTed income in relatk()n ts) JD Cyjnru PrernI l.¢4guc fundin8. DurinK the on¢ unploy( of the TN5r131 March 2021.. one) w&$ piid iKXju amounting to & totsl of £5,0(31 March 2021.. £5.{x). Th¢Tr1 the to1 of thLX IM)nuse8 by th¢ F¢NbNII Association of w11 Lirniicd. Two tw¥¢ 4re of thckey mana8emerti Ine1 f FAW Football t)Cvdopml Ce¢re Limited. In¢lud¢d in thu¢ finAhcial $¢ar¥%nents Jre d1rLs rtiejvable fr()tn the FAW FootWI D¢velopment Centye LimitJ of £1.31.750131 MAr¢h 2021.. £nill and rcnl payabl¢ tu the FAW Football D¢ve1(ym¢1 Centrc Limi1 ofL"125.(W131 Mh 2021.. £100.O(X)I. At the wiod cnd thC were amouThis due the Trt8t of L88,670131 M4rdQ021.. £222.5801 in othtt debtots: thege are in¢lutsl in dd)tpTh f118 due withit) year. The trad¢ ¢r¢ditor balance due to FA W Fmthall Developm1 C.tre Limit at the wiod was £30,(KK)131 2021.. £30,(KM)l And is includd in udiiurs falling due within onc yew. Pour ofthe tru$1ts5 also plrt of thc kcy mana8•nent [rsne7 of FAW GToynd$ ImprvvfflKnts Limit. Ina)mc from this ¢I wth a fitrthc £22,500131 2021.. £nill included in accrua15. Both amounts ar¢ included in crditors tAllin¥ 15ue within wc yc4r. 11. Cih {•d l•ygoo¢rAted from opprndAI Perlod ended JO Julle YeAr fflded JI 2Q22 MArch ZOZI (EXd]lureyIrKQn¢ ftyth¢ptyKxl AdjustmenL8 for.. Investment incomere¢ogtii in rrtofii or ]08$ Deprwiation aThJ impairn1f of wibk fix¢dJrtS Movern¢ts in wing Capital.. (IncreyDtcreeI stiKk8 t)AzewelllncreJJge) in debto (DrCll]ncrCt in Lyeditors Csh (used InygeDeT•ted from opeTtlfmS (159.659) 987.329 (12J671 14296 19,298) 15 502 16531 519.884 515.9771 1,436 (1172,776} NOTES TO THE FINANCIAL STATEMENTS (C•Mthiqed) FOR THE PERIOD EP4DE.D 30 Juf*E zor2 25

CYMRU F(X)TBALL FOUNDATION LIMITED (FORMERLY FAW F(K)TBALL fN THE CChlMtJN]TY LIMITED) 24. Prnr yur rt4trlrtd ffimeomexnd wApendltyr¢ Yer Ended 31 M•rth 2021 FIDdi lrt¢ome from: DotLation8 and Legaci Charitsble athiTrAtieS Coaching. Educion &Trnining Other t¥adin8 adiviti Intere51 Yethv8bl¢ 1.747.947 1.227.614 2.975.561 783.117 224.727 9298 783,117 224,727 9,298 Totsl Intome 1227 14 3.992.703 Expthdlthtt on: RRising Funds table activities C4>hchin8, Fducation &Trainin8 Gtxsyroots PIlly Acce&q & Inclusion Pltyu Develwenl 41.850 41.850 ),163 369.¢FA) 495J57 412.762 462.374 224.778 1.411.925 831.464 720.135 Total ¢h•Ylibk txptndknre 1863.610 24 TotAI r¢w•r¢t4 expedtd i.YJ5A60 14 3.OOS 174 Net irKomefor th¢ 859.629 127.700 987,329 Fund BUIre Wt 1370.9)8 124.6fi5 1.395,663 Futsd B•lnw carrled ffJrw•rd 292 65 25. C4)mwny Llmlled by gu•rett Th¢compw 1$ limiid by the there Wtfe 14 rntrnbern Evtty m¥nbET ofth¢ Tn undLTtak tr) ClL¢riPtr a m4ximurn of £1 in the event of the th)mrny iring woutwj up. 2& Furth¢r The comprty 1$ known in ¢ileS undtrthe irnding of Th¢ Welth FO71 TnJA. Its th4rity registrttion Thimb um)pany r¢ws¢rniion numi%r are sd out on pg¥2. daails of its key mts•8¢Jwi pw8onn¢l. P&¥e 2 also contains dth'18 of its main bankus and othwrKg8ni$81ions th wDvidc of0&l swvica. 26