DoGUSign Envelope ID". OA1A58A3-12A54E60-A09E.75D79C080AD6 Règistèrèd numbèr.. 04012682 Charity number.. 1081948 Thè Albion Foundation Trustee5' Report ond Finonciol Stotements For the yeor ended 51 August 2025 .JDAINS
AUDIT
DoGUSign Envelope ID". OA1A58A3-12A54E60-A09E.75D79C080AD6 The Albion Foundotion (A company Ilmlted by gvorantee) Content5 Poge Referencè ond Administrative Details of thè Charity. its Trustees and Advisers Trustees, Report Independent Auditor's Report on the Financial Statements 22-25 Statement of Financlal Actlvlties 26 Bolan¢e Sheet 27 Statement ot Cash Flows 28 Notes to the Flnoncial Statements 29-46
DoGUSign Envelope ID". OA1A58A3-12A54E60-A09E.75D79C080AD6 The Albion Foundotion (A company Ilmlted by gvorantee) Reference and Administrative Details ot the Charity, its Trustees and Advisers For the year ended 31 August 2025 Trustees B Szreter P Burns J Orton H Potel (resigned 13 June 20251 J CarringtDn M Miles J Verrier I Skidmore S Kiie (appointed 15 June 20251 H Morris (oppointed 13 June 2025) S Foxoll Compony registered number 04012682 Charity registered number 1081948 Reglstered offlce The Albion Foundation Ray Hall Lane Birmingham B43 6JF Company secretory R Loke Key management personnel A Dove J Ward L Affro P Glover S Whitmore E Hicken R Lake Independent ovdltor Dains Audit Limited 2 Chomberlain Square Birmingham B3 3AX Poge1
DoGUSign Envelope ID". OA1A58A3-12A54E60-A09E.75D79C080AD6 The Albion Foundotion (A company Ilmlted by gvorantee) Trustees, report For the year ended 31 August 2025 The Trustees who ore olso directors of the Chority present their onnuol report together with the oudited finonciol stotements of the Chority for the yeor 1 September 2024 to 31 August 2025 The Annuol report serves the purposes of both o Trustees, report ond o directors, report under compony low The Trustees confirm thot the Annuol report ond finonclol statements of the chariiable compony comply with the curreni statutory requirements, the requirements of the charitable company's ooverning document and the provisions ol the Stotement of Recommended Proctice ISORPI applicable to charities preparing their occounts in occordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS1021 (effective 1 January 20191. Since the Charity qu(Jlifies as small under section 682 of the Companies Act 2006. the Strategic report required Of medium ond lorge companies under the Componies Act 2006 Istrotegic Report ond Director5, Report) Regulotions 2013 hos been omitted. Objectives and activities a. Objectives and activities The charitable compony's objectives as set out in the Memorondum of Associotion are.. To promote community porticipation in heolthy recreotion by providing facilities for the playing of association football and other sports capable ol improving health. To provide ond ossist In providing focilities for 5POrt. recreotion or other leisure time occupotion of such persons who hove need for such focilities by reoson of their youth. oge. Infirmity or disoblement. finonciol hordship. poverty or sociol ond economic circumstonces or for the public ot lorge in the interest of sociol welfore ond with the object of improvlng their conditions of Ilfe. To relieve sickness and to preserve ond promote physicol and menial health throuoh healthy recreation ond such choritoble meons as the Trustees think fit. To advance the education {including ocademic. sociol ond physical education) of children and other persons through such choritoble means as the Trustees think fit. For the generol purposes of such choritoble bodie5 or for such other exclu51vely choritoble purposes in eoch cose os the Trustees moy from time to time decide. In setting objectives ond plonning for octivities. the Trustees hove given due considerotion to generol guidonce published by the Chority Commisslon reloting io public benefit, Includino the guidance 'Public benefit.- running a charity (PB2)' b. Public Beneflt During 2024-2025. The Albion Foundation continued to refine its strategic direction. strengthen community partnerships and deliver measurable social Impact across Sandwell ond the surrounding region. Our vision remoins cleor.. To create a Proud Albion Family difference in our locol community. Engaged. Inspired and Achieving its Potential making a measurable Poge 2
DoGUSign Envelope ID". OA1A58A3-12A54E60-A09E.75D79C080AD6 The Albion Foundotion (A company Ilmlted by gvorantee) Trustees, report (continued) For the year ended 31 August 2025 Obje¢tives and o¢tivities {¢¢ntinved) Our strotegic focus is simple ond disciplined.. Dellver services we ore brilliant at ond passionoie aboul Ensure those services meet the needs ol our community ond portners Operate in a financially viable and sustainable manner Despite Dngoing sector-wide financial pressures. the Foundation has demonstrated resilience. adaptability and sustoined growth in both reoch ond impoct. . Activities undertaken to gchieve objectives 2024-2025 at a glance In this reporting period. The Albion Foundation.. Engaged 10.850 unlque partlcipants aged 1 to 91 Delivered 13.059 sèssions tDtalling 17.381 hours Worked with 56 educgtionol establishment5 (750/¢ in Sondwell) Delivered ocross 13 evening and weekend venues (62Yo in Sondwell) Surpossed oll restricted proieci Impoct iorgets Thls scale of delivery rellectrs both breodth of engagement and depth of community impoct. Achlevements and performance a. Strateglc Progrèss Go Locol A ploce where everyone can be active, where we have mgde a measurgble difference in health, well-being and g sense of belonging We strenothened our targeted delivery model in Smethwick ond West Bromwich. embedding Foundotion stolf within key secondary schools including Holly Lodge. Sandwell Academy. Brades Lodge and George Salter. alongside identified feeder primary schools. Community ond foith portnerships continue to deepen. porticulorly with loco1 mosques ond gurdwor05 Colloborotion with stotutory services ond locol steering groups hos improved coordinotion. reduced duplicotion ond enhonced community visibility. Premier Leogue Kicks Community Captain Nurol Islom wos recognised lor his outstonding work engooing young people and supporting initiatives including the Open Iftar and South Asion Emerging Talent Festival exemplifying our local leadership model in action. Poge 3
DoGUSign Envelope ID". OA1A58A3-12A54E60-A09E.75D79C080AD6 The Albion Foundotion (A company Ilmlted by gvorantee) Trustees, report (continued) For the year ended 31 August 2025 A¢hievements and performan¢e (¢¢ntinued) , Fp1Alfy,X. Equallty. Dlverslty and Incluslon Equality. Diversity and Inclusion is embedded across all areas of delivery and governance. Key highlights during the yeor included.. Premier Leogue Fans Fund grant supporting disobility. LGBTQ+ and foith supporter groups Block History Month collopsed curriculum doy celebroting Africon-caribbeon culture Internotional Women's Day workshops promoting sociol oction Ramadan Open Iftar welcoming over 125 attendees Midnight Ramadan football festivals Voi50khi Footboll Festivol In portnership with Guru Nonok Gurdworo Colloborotion with West Bromwich Albion FC through the Together Agoinst Rocism compoign Poge 4
DoGUSign Envelope ID". OA1A58A3-12A54E60-A09E.75D79C080AD6 The Albion Foundotion (A company Ilmlted by gvorantee) Trustees, report (continued) For the year ended 31 August 2025 A¢hievements and performan¢e (¢¢ntinued) Winners of the poetry competition were chosen by Smethwick-bosed poet. Jones ond reworded with ottendonce ot Albion's fixiure agoinst Cordiff City (October 26) ot The Howthorns the winning entry written by pupils from Wodensborough Ormiston Acodemy can be read below.. Fighting As One To be black is to be raised f rom oppression Are we too young to be learning Lhis lesson, Fighting for our place in the sun, All over the vvorld, but fighting as one. From buckled down and broken, we have ri4en up. Proud and pushing forward, free and fired up. With our grills, our hoops, our cornrows and braids, We are never too young for history to be made. We can learn to embrace our culture, our nations. We will not be limited by limited imaginations. To be black i- to love mu4lC, fa4hion, and life. Wp are yOLing, we. are black, OLJr hpad£ arp held high. RECLAIMING NARRATIVES By A¥B. Kavaeh. & Mrjlfa Wodensborough Academy 2024 Partlclpant Demographlcs 54Q/o from ethnic minority backgrounds 15% with SEND 32¥, femole porticipontS While female poriicipotion hos reduced slightly year-on-year 136¥o to 32.5%). targeted interventions are planned to address this ond rebolonce engogement. Poge 5
DoGUSign Envelope ID". OA1A58A3-12A54E60-A09E.75D79C080AD6 The Albion Foundotion (A company Ilmlted by gvorantee) Trustees, report (continued) For the year ended 31 August 2025 A¢hievements and performan¢e (¢¢ntinued) b. Review of activities Programme Impact Premier Lea ue Kicks 1.712 participants 93% Improved mental wellbeing 96% Increosed porticipotion in competitive sport 970k enjoyment roting Parent Feedbock.. "Cannot fault the work of The Alblon Foundatlon. My child has progressed In eonfidence by miles beeavse of thèm... He has madè real frièndships and rocketed In confldence and ability. I've never seen him set his own alarm in thé holidays beforè!Pt Prim 7.069 children engaged 86 teachers supported 31 schools engaged 96Yo ol teachers improved PE delivery confidence 95% participant enjoyment The Premier Leogue Choritoble Fund quolity ossured our Primory Stors progromme ond described provision os exemplory. Our Mid-yeor Monitoring Report wos shored notionolly os best proctice. Deputy Heodteacher Feedbock - King George V Primory.. "His dellvery of PE has raised thè quality of provision ond increased staff confldence and consistency. The opportunitiès and aspirational èxperiencès hovè roisèd aspiration& èngagèment ond motivation." 582 young people engooed 71Yo improved confidence and self-esteem 97% enjoyment rating 98Yo Positive feedback about staff An Under-18 Girls teom representing the Foundotion won the Premier Leogue Kicks Christmos Truce Tournoment In Belgium. defeoting Chelseo. Swonseo ond Southompton demonstroting competitive excellence olongside personol development. Poge 6
DoGUSign Envelope ID". OA1A58A3-12A54E60-A09E.75D79C080AD6 The Albion Foundotion (A company Ilmlted by gvorantee) Trustees, report (continued) For the year ended 31 August 2025 A¢hievements and performan¢e (¢¢ntinued) & Kicks TruceTournament Winners 2024 25 School Feedback". 'Your dedication to supporting young people in our locol orèa makès a huge diffèrencè and is the most ¢¢nsistent support for our familie5." Through £147.188 National Loitery funding ond renewed Sandwell Council Investmeni. we exponded odult health provision. Programmes include.. Fit 8oggies (12-week heolth progrommel Concer Kickers wolking footboll Lodies Fitness Howthorns Hub Memories Group (Dementia & Alzheimer's support) Holiday Activities & Food camps Participants consistently report irnproved mental wellbeing. physical health and community belonging. "Meeting new people who have gone through cancer treatments. hus been very inspiring. Plus ploying a game I love and thought I would never get the chance to ploy again has been fantostic. It has definitely helped me with both my mental health and overall fitness. Being part of a great group of people has been very helpful and enjoyable." Poge 7
DoGUSign Envelope ID". OA1A58A3-12A54E60-A09E.75D79C080AD6 The Albion Foundotion (A company Ilmlted by gvorantee) Trustees, report (continued) For the year ended 31 August 2025 A¢hievements and performan¢e (¢¢ntinued) ITI I,VEr Football for All We have enabled every individual regardless of uge. gender. bockground. ability or disobility to thrive on ond off the pitch. SEND & Disability Provision 1.352 SEND participants 4.341 SEND-specific sessions delivered The Foundotion hosted the Premier Leogue Disobility Footboll Festivol ond continues to be notionolly recognised for excellence in disobility sport. Poge 8
DoGUSign Envelope ID". OA1A58A3-12A54E60-A09E.75D79C080AD6 The Albion Foundotion (A company Ilmlted by gvorantee) Trustees, report (continued) For the year ended 31 August 2025 A¢hievements and performan¢e (¢¢ntinued) Elite Honours Albion Blind completed a domestic treble Albion Powerchair reached the FIPFA Club World Cup semi-final RbNNERsbp ALBIQN PQVkn'ERCMAIR FC Poge 9
DoGUSign Envelope ID". OA1A58A3-12A54E60-A09E.75D79C080AD6 The Albion Foundotion (A company Ilmlted by gvorantee) Trustees, report (continued) For the year ended 31 August 2025 A¢hievements and performan¢e (¢¢ntinued) Cerebrol Polsy teom won the Tier 2 Chollenge Cup Multiple internotionol coll-ups ocross souods These achievements reinforce our Foundotion Day therne.. "Sèe Us to Belleve Us." -BEUt-s Page 10
DoGUSign Envelope ID". OA1A58A3-12A54E60-A09E.75D79C080AD6 The Albion Foundotion (A company Ilmlted by gvorantee) Trustees, report (continued) For the year ended 31 August 2025 A¢hievements and performan¢e (¢¢ntinued) We ore equolly proud of our PAN disobility ployers. who porticipote for enjoyment. connection ond personol growth. PAN Porticipant.. 'Wlthout the Foundotlon. I would be slttlng ot home doing nothlng all day. Now I'm completlng on apprentlceship. It's the grèatest achlevement In my lifetime and playing the sport I love., nt 528 boys engoged 250 girls engoged 24 teams competing "Thè qvollty of thè programme at TAF hos beèn extremèly good. the children feèl part of something important.- awIVIMNERS. IX**".p WINNERS Girls Game Programme Parent.. "The Foundotion's hos transformèd my doughter - not just os o footbollèr. bvt as o pèrson. The eoachès truly ore obout every sirbgle girl. They challenge them. believe in them and support them every step of the way. creating an environment where hard work and 5elf-belief thrive." Poge 11
DoGUSign Envelope ID". OA1A58A3-12A54E60-A09E.75D79C080AD6 The Albion Foundotion (A company Ilmlted by gvorantee) Trustees, report (continued) For the year ended 31 August 2025 A¢hievements and performan¢e (¢¢ntinued) Iil}I Ll Ib4114&sei* Poge 12
DoGUSign Envelope ID". OA1A58A3-12A54E60-A09E.75D79C080AD6 The Albion Foundotion (A company Ilmlted by gvorantee) Trustees, report (continued) For the year ended 31 August 2025 A¢hievements and performan¢e (¢¢ntinued) Health & Adult En emen Through £147.188 National Lottery funding ond renewed Sandwell Council Investment. we exponded adult health provision. Programmes include.. Fit Boggies {12-week heolth progromme) Concer Kickers wolking footboll Lodies Fitness Hawthorns Hub Memories Group (Dementio & Alzheimer's support) Holiday Activities & Food comps Participants consistently report improved mental wellbeing. physical health and community belonging. Iii (,IER'.. c. Fundralsing & Events The Foundation delivered o strong fundraising calendar. generating significant unrestricted income.. Trek to Petro - £71.000 Western Front Woy Chollenge- £59.000 Baggie Bird Penolty Shootout £50,000 London Morothon - £40.000 Pukka Nights- £54.000 Cycle Challenge- £31.000 Gala Dinner- £29.000 Foundotion Doy - £22.000 Sleep Out - £16.000 Poge15
DoGUSign Envelope ID". OA1A58A3-12A54E60-A09E.75D79C080AD6 The Albion Foundotion (A company Ilmlted by gvorantee) Trustees, report (continued) For the year ended 31 August 2025 A¢hievements and performan¢e (¢¢ntinued) ILSS DAYI AY• y4 ETRA al ideal ideal i eal ideal ideal I ideal ide eal ideal ideal ideal ideal i eal ideal oal ideal idea ideal i eal id ideal ideal Poge 14
DoGUSign Envelope ID". OA1A58A3-12A54E60-A09E.75D79C080AD6 The Albion Foundotion (A company Ilmlted by gvorantee) Trustees, report (continued) For the year ended 31 August 2025 A¢hievements and performan¢e (¢¢ntinued) A speciol ocknowledgement Is given to -Blind" Dove Heeley. whose fundroising efforts contributed £130.000 ocross multiple events. "When yov find out exactly what the Foundation do and jvst how much they do. it's not a difficult decision to keep going. They're doing such greot work. they've got some greot people dolng great lobs so there's every reason to svpport that." Robert Boche Strong corporote ond community portnerships remoin centrol to finonciol sustoinobility. Poge 15
DoGUSign Envelope ID". OA1A58A3-12A54E60-A09E.75D79C080AD6 The Albion Foundotion (A company Ilmlted by gvorantee) Trustees, report (continued) For the year ended 31 August 2025 A¢hievements and performan¢e (¢¢ntinued) d. Orgunisational Development Governonce & Monogement 100% of line monagers completed mondatory compliance ond monagement training. Onboarding and induction processes were refined to improve consistency and professionalism. Roy Hall Lonè Rèloeation In December 2024. the Foundotion relocoted to Roy Holl Lone olongside Birminghom County FA Stoff feedbock hos been positive. ond investment hos been made to ensure workspoce complionce ond Improved working conditions. Grow Our Own A more local and diverse workforce being positive role models, making a measurable difference in their community. We remain committed to nurturing internal talent pathwoys from participant to leadership. Case Study.. Mla Grlffln .1 attended summer ¢ump$ 0$ a Child with my ¢ousin ¢ver at Sondw¢ll 0¢odemy.- Mio beoan. .1 was then re- introdvced to the foundation on o school trip with my sixth form (Holly Lodge High School) gt on International Women's Day event in 2024. Poge 16
DoGUSign Envelope ID". OA1A58A3-12A54E60-A09E.75D79C080AD6 The Albion Foundotion (A company Ilmlted by gvorantee) Trustees, report (continued) For the year ended 31 August 2025 A¢hievements and performan¢e (¢¢ntinued) '1 then had a conversation with Agliyah [Browne, Mentor] who introduced me to some members of staff and suggested l apply tor a casual coaching role that was vacant ot the time, and the rest is now history. .1 have supported West Bromwich Albion and hove been golng to matches slnce I was a child with my grandad and I knew gettlng a lob reloted to our favovrlte football club would moke him reolly proud." ALBION OUR Tacraatoa ProUdAlon Farnily. Engagèd. Insplred andAehlovlng It'sPoténtlal. MgklngA Me•surablw Diff¥r4il¢e irt OurLo¢alComMuf*ity VISION From summer camp participant to part-time coach and university student. Mia's journey exemplifies our ambition to develop locol young people Into future leoders ond role models. This pothwoy model is centrol to building o Proud Albion Fomily engoged. inspired ond ochieving potentiol. e. Cultvre & Staff Engagement Stoff survey results demonstrote a strong orgonisotionol culture.. 82Yo feel happy and motivated 81Yo feel valued 82¥0 soy TAF is o greot ploce to work 880/0 believe TAF Is Inclusive 87% soy diverse bockgrounds ore embroced Action plans are In ploce to build on strengths ond oddress areos for development. Poge17
DoGUSign Envelope ID". OA1A58A3-12A54E60-A09E.75D79C080AD6 The Albion Foundotion (A company Ilmlted by gvorantee) Trustees, report (continued) For the year ended 31 August 2025 A¢hievements and performan¢e (¢¢ntinued) f. Performance & Risk The Foundotion surpossed oll restricted project Impoct torgets during the reporting period. The Board continues to monitor key risks includlng". Funding volotility across the charity sector Participation Imbalance across demographics Workforce retention and development Formolisotion of property ogreements Mitlgotlon sirotegies are embedded wlthin operoiional and flnonclol plonning. g. Looking Ahead 2026- 2030 As we prepare for the next strotegic cycle. we will. Launch (J refined external strategy following stakeholder consultotion Extend the Go Locol model ocross odditionol Sondwell towns Increose femole porticipotion Diversify income sireoms Continue investing in leodershlp development h. Conclusion 2024-2025 hos been a year ol consolidation. measurable impact and strategic refinement. The Albion Foundation continues to demonstrate strong governance. Inclusive growth and national recognition for progromme excellence. As we move toword 2026-2050. we do so with confidence - grounded in evidence. strengthened by portnership ond inspired by the communilles we serve. l. Chair of Trust's Closlng Comment I would like to take this opportunity to thank all our portners. sponsors. trustees. donors. volunteers ond on extro special thanks to Rob Lake and the team of staff for their outstanding contribution once again. Poge 18
DoGUSign Envelope ID". OA1A58A3-12A54E60-A09E.75D79C080AD6 The Albion Foundotion (A company Ilmlted by gvorantee) Trustees, report (continued) For the year ended 31 August 2025 Finon¢iol review a. Going concern After moking oppropriote enquiries. the Trustees hove o reosonoble expectotion thot the Chority hos odequote resources to continue in operotlonal exlstence for the foreseeoble future. For ihis reason. Ihey continue to adopt the going concern basis in preporino the finonciol statements. Further detoils regording the odoption of the going concern basi5 can be found in the accounting policies. b. Resèrvès pollcy A charity's free reserves are its general unrestricted funds (excluding any element represented by fixed ossetsl less any funds which hove been designoted for specific future projects by the Trustee5 The totol of free reserves ot the yeor- end wos £232.82412024. £248.614). Durlng the yeor. The Alblon Foundotlon relocated to new premlses on Roy Holl Lone. Historlcolly. monagement had bullt up a restricted fund of £500.000 intended for the future renovation of the old premises. which hove now been vacoted. The Trustees have confirmed that there are no longer any specific projects requiring the use of this £500.000 Capitol Reserve and have therefore approved its transfer to a designated reserve. Following this decision. the Trustees have established a revised structure lor designated funds to support the long-term financial stability of the Foundation. The Albion Foundotion hove on agreed reserves policy of holding reserves to cover the costs of stoff not poid for through funded projects for o six month period. This figure is colculoted to be £310.000. Al the yeor end ihe charity had total reserves of £767.107 comprising o designoted reserve of £500.000 and o generol reserve of £267.107. See note 16 in the notes to the financial stotement5 for detai15 on the fund occounting. c. Surplus The overall position for The Albion Foundation for the year is a deficit of £1.715 {2024.. deficit of £68.892). with reserves of £767.107 {2024. £768.822) Income from choritoble octivities hos increosed by 8.580/0 to £2.275.388 (2024.. £2.095,533). Expenditure on choritoble octivities has Increosed by 4.79% 10 £2.966,453 (2024.. £2.830.906). Structure. governonce ond management a. Constltutlon The organisation is a charitable company. limited by guarantee and having no share capital. The choritoble compony wos incorporoted on 12 June 2000 ond wos registered os o chority on 9 August 2000 The choritoble compony wos estoblished under o Memorondum of Associotion which estoblished Its objects ond powers. ond it Is governed under its Articles of Associotion. which wos omended by speciol resolution on 2 June 2009. In the event of the compony belng wound up members are required io contribute an omount not e%ceeding £1. Poge 19
DoGUSign Envelope ID". OA1A58A3-12A54E60-A09E.75D79C080AD6 The Albion Foundotion (A company Ilmlted by gvorantee) Trustees, report (continued) For the year ended 31 August 2025 Stru¢ture. oovern¢nce ond monogement (¢ontinued) b. Methods of oppointment or election of Trustees The trustees. of whom there must be o minimum of three. ore oppointed by the members. When o voconcy orises the Boord octively seeks applications and inierviews suitable condidates. They look for condidates who will fit criieria set out in the Foundotion's ottendance ond trustee charter. The Boord hos the authority to fill any cosual vocancy orising during the year. A review of recruitment ol trustees from the previous year has been implemented and is working well. An audit of the work undertoken by the Boord will continue to toke ploce periodicolly throughout the coming yeor. . Organisotionol structure and deci5i9n-moking policies The boord meets on o regulor bosis. The directors ond trustees delegote the doy to doy running of the choritoble company to ihe Dlrector of The Albion Foundation who Is ossisted by a senior monagemeni teom. d. Related party relationships The Albion Foundotion continues to works closely with West Bromwich Albion Football Club. The relationship between The Albion Foundation ¢Jnd West Bromwich Albion Football Club has never been stronger and the colloborotion wos embedded further during the period the Oirectors role went ocross both West Bromwich Albion Footboll Club continues to support the Foundotion by providing occess to its ussets ond focilities free of charge or ot signilicontly reduced rotes. This Includes the use of rooms ond the pitch at The Hawthorns Stadium. occess to the Sondwell Academy pitches. and complimentory season tickeis. Management have assessed the value of these services and benefits received from the Club and have estimated this to be £738.926 12024.. £599.803). The Foundation is grateful for the continued SUPPDrt It receives and looks forward to further strengthening this volued relotionship. Poge 20
DoGUSign Envelope ID". OA1A58A3-12A54E60-A09E.75D79C080AD6 The Albion Foundotion (A company Ilmlted by gvorantee) Trustees, report (continued) For the year ended 31 August 2025 Stotement ¢f Trustees, responsibilities The Trustees (who ore olso the directors of the Chority for the purposes of compony low) ore responsible for preporing the Trustees, report ond the finonciol stotements In occordonce with opplicoble low ond United Kingdom Accounting Stondords (Uniied Kingdom Generolly Accepted Accouniing Practice). Company law requires the Trustees to prepore linonciol stotements lor each financial yeor. Under compony low. the Trustees must not approve the financial 5tatement5 unless they are satisfied that they give a true ond fair view ol the state of affairs of the Charity and ol its incoming resources and application ol resources. including it5 income and expenditure. for that period. In preparing these financial statements. the Trustees are required to.. select suitoble occountino policies ond then opply them consistently.. observe the methods and principles of the Charities SORP (FRS 102)". make judgments and occounting estimates that are reasonable and prudent.. state whether applicable UK Accounting Standards (FRS 102) hove been followed. subject to any material deportures disclosed ond exploined in the finonciol stotementS'. prepore the finonciol stotements on the going concern bosis unless it is inoppropriote to presume thot the Chority will continue In business. The Trustees ore responslble for keeplng odequote accountlng records thot are sufficient to show ond e%ploln the Charity's transoctions ond disclose with reasonable occuracy at any time the finoncial position of the Chority ond enable them to ensure that the financial Statements comply with the Companies Act 2006. They ore also responsible for safeguarding the os5ets Of the Charity and hence lor taking reasonable steps for the prevention and detection of fraud and other irregularities. Ois¢105ur¢ of informotion to ouditor Eoch of the persons who ore Trustees ot the time when this Trustees, report is opproved hos confirmed thot. so for as thot Trustee is owore. there is no relevont oudit inlormotion of which the chority's auditor is unaware. and that Trustee has taken all the steps that Ought to have been taken as a Trustee in order to be aware ol any relevont oudit informotion ond to estoblish thot the choritu's ouditor is owore of thot informotion. Auditor The ouditor, Doins Audit Limited. hos indicoted his willingness to continue in office The designoted Trustees will propose a motion reoppointing the auditor at o meeting of the Trustees. Approved by order ol the members ol the board of Trustees on 13 Morch 2026 ond sioned on their behalf by.. S*n•d by.. J Verrler (Trustee) Poge 21
DoGUSign Envelope ID". OA1A58A3-12A54E60-A09E.75D79C080AD6 The Albion Foundotion (A company Ilmlted by gvorantee) Indèpendent Audltor's Report to the Membèrs of The Alblon Fovndatlon Opinion We hove audited the financi(]I statements of The Albion Foundotion (the 'charitable company,) for the year ended 51 August 2025 which comprise the Statement of linoncial activities. the Balonce sheet. the Stotement of cash flows and the related notes. including a summary Df significant accounting policies. The financial reporting framework that has been opplied in their preporotion is opplicoble low ond United Kingdom Accounting Stondords. including Finonciol Reporting Stondord 102 'The Finonciol Reporting Stondord opplicoble in the UK ond Republic of Irelond, (United Kingdom Generolly Accepted Accounting Proctice). In our opinion the financial gtoiemenis.. give o true ond loir view of the stote of the choritoble componu'5 offoirs os ot 31 August 2025 ond of Its Incoming resources ond opplicotion of resources. Including its income ond expenditure for the yeor then ended.. hove been properly prepored In occordonce with United Kingdom Generolly Accepted Accounting Proctice.. ond hove been prepared in accordonce with the requirements of the Chorilies Act 2011. Bosis for opinion We conducted our oudit in accordonce with Intèrnotional Stondards on Auditing (UK) IISAS (UK)) ond applicable low. Our responsibilities under those standard5 are further described in the Auditor's responsibilities for the oudit of the finoncial statements section Df our report. We are Independent of the charitable company In accordance with the ethicol requirements thot ore relevont to our oudit of the finonciol statements In the United Kingdom. Including the Finonciol Reporting Council's Ethicol Stondord. ond we hove fulfilled our other ethicol responsibilities In occordonce with these requirements. We believe thot the oudit evidence we hove obtoined is sufficient ond oppropriote to provide o basis for our opinion. Conclusions relating to going concern In ouditino the finoncial statements. we hove concluded that the Trustees, use of the goino concern bosis of accounting in the preparotion of the financial statements is appropriate. Based On the work we have performed. we have not identified any material uncertainties relating to events or conditions thot. Individuolly or collectively. moy cost significont doubt on the choritoble compony's obilitu to continue os o going concern for o period of ot leogt twelve months from when the finonciol stotements ore outhorised for issue Our responsibilities ond the responsibilities of the Trustees with respect to going concern ore described in the relevont seciions of this report. Poge 22
DoGUSign Envelope ID". OA1A58A3-12A54E60-A09E.75D79C080AD6 The Albion Foundotion (A company Ilmlted by gvorantee) Indèpendent Audltor's Report to the Membèrs of The Alblon Fovndatlon (contlnuèd) Other informotion The other information comprises the informotion included in the Annuol report other thon the finonciol statements ond our Auditor's report thereon. The Trustees are responsible lor the other informotion contained within the Annual report. Our Dpinion on the financiol statements does not cover the other information and. except to the extent otherwise explicitly stoted in our report. we do not express ony form of assuronce conclusion thereon. Our responsibility IS to reod the other Informotion ond. In doing so. consider whether the other informotion is moteriolly inconsistent with the finonciol stoiements or our knowledge obtoined In the course of the oudit. or otherwise oppeors to be moteriolly missiated. If we ideniify such materiol inconsistencies or opporeni moterial misslotements. we are required to determine whether this oives rise to o moteriol rnisstatement in the financial statements themselves. If. based on the work we hove performed. we conclude that there is o moterial misstotement ol this other informotion. we ore required to report thot fact. We have nothing to report in this regard. Motters on which we are required to report by ex¢eption We hove nothing to report In respect of the following motters where the Chorities (Accounts ond Reports) Regulotions 2008 requires us to report to you if. in our opinion.. the information given in the Trustees, report is inconsistent in any material respect with the financial statements.. or sufficient occounting records hove not been kept.. or the finonciol siotements ore not In ogreement with the occounting records ond returns.. or we hove not received all the Informotion and explanations we require for our audit. Responsibilities of trustees As exploined more fully in the Trustees, responsibilities stotement. the Trustees (who ore 0150 the directors of the charitable company for the purposes ol company lawl are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view. ond for such internal Control as the Trustees determine is necessory to enoble the preporotion of Iinonciol stotements thot ore free from moteriol misstotement. whether due to froud or error In preporing ihe finonciol stotements. the Trustees ore responsible for ossessing the choritoble compony's obility to continue as o going concern, disclosing. os opplicable, matters reloied to going concern and using the going concern basis ol occounting unless the Trustees either intend to liquidote the choritoble company or to cease operations. or hove no reolistic alternative but to do so. Poge 23
DoGUSign Envelope ID". OA1A58A3-12A54E60-A09E.75D79C080AD6 The Albion Foundotion (A company Ilmlted by gvorantee) Indèpendent Audltor's Report to the Membèrs of The Alblon Fovndatlon (contlnuèd) Auditor's responsibilities for the audit of the finonciol statements We hove been appointed os ouditor under section 145 of the Charities Act 2011 and report in occordance with the Act and relevant regulation5 made or having effect thereunder. Our objectives are to obtain reasonable assurance about whether the financial statements as o whole are free from moteriol misstotement. whether due to froud or error. gnd to Issue on Auditor's report thot Includes our opinion. Reosonoble ossuronce is o high level of ossuronce. but is not o guorontee thot on oudit conducted In occordonce with ISAS (UK) will olwoys detect o moteriol misstotement when it e%ists. Missiotements con arise from froud or error ond ore considered material if. individuolly or In 1he oggregate, they could reosonobly be expected to Influence the economic decisions of users token on the basis of these financiol statements. Irregularities. including fraud. are instances of non-complionce with lows and regulotions. We design procedures in line with Dur responsibilities. outlined above. to detect material rni5Statements in respect of irregularities. including fraud. The extent to which Dur procedures are capable of detecting irregularities. including fraud Is detailed below.. Our opprooch to Identifying ond ossessing the risks of moteriol misstotement In respect of irregulorities. Including froud ond non-complionce with lows ond regulotions. wos os follows.. the senior stotutory ouditor ensured thot the engagement team collectively hod the oppropriote competence, capabilities and skills to identify or recognise non-cornpliance with opplicable lows and regulations-. we identified the laws and regulations applicable to the company through discussions with director5 and other management. and from our commercial knowledge and experience of the sector.. we focused on specific lows ond regulotions which we considered moy hove o direct moteriol effect on the fingnciol stotements or the operotions of the compony. including the finonciol reporting legislotion. Componies Act 2006. ioxotion legislotion. onti-bribery, employment. ond environmentol ond heolth ond sofety legislotion.. we assessed the exteni ol compliance with the laws and regulations Identified above through making enquiries of manogernent ond inspecting legal correspondence". ond identified lows ond reoulations were communicoted within the oudit teom regulorly and the team remained alert to instance5 of non-cornpliance throughout the audit. We osses5ed the susceptibility of the compony's finonciol stotements to moteriol mi5Stotement. including obtoining on understonding of how froud might occur. by.. making enquirieg ol rnonagemeni os to where they considered there was susceptibility to froud. their knowledge of actuol suspected and alleged fraud". and considering thè internal controls in ploce to mitigote risks of froud and non-complionce with lows and regulations. To address the risk of fraud through manogement bias and override of controls. we.. performed onolyticol procedures to identify ony unusuol or unexpected relotionships.. tested iournol entries to identify unusual tronsoctions., assessed whether iudgemenis and ossumptions made in determining the accounting estimates were indicative of potentiol bias." and investigated the rationole behind significant or unusuol tronsoctions. Poge 24
DoGUSign Envelope ID". OA1A58A3-12A54E60-A09E.75D79C080AD6 The Albion Foundotion (A company Ilmlted by gvorantee) Indèpendent Audltor's Report to the Membèrs of The Alblon Fovndatlon (contlnuèd) In response to the risk of irregularities and non-complionce with lows ond regulations, we desioned procedures which included. but were not limited to." agreeing financial statement disclosures to underlying supporting documentation. reoding the minutes of meetings of those chorged with governonce.. enquiring of monogement os to octuol ond potentiol litigotion ond cloims.. ond reviewing correspondence with HMRC. relevont regulotors ond the compony s legol odvisors. Because of the Inherent limitotions of on audit, there Is a risk thoi we will not detect all Irregularities. Including those leading to o moterial misstotement in the financial stotements or non-compliance with regulation. This risk increoses the more that complionce with o low or regulotion is removèd froFn the events and tronsactions reflected in the finonciol statements. as we will be less likely to become aware of instances of non-compliance. The risk is also greater regcjrding irregularities occurring due to fraud rather than error. as fraud involves intentional concealment. forgery. collusion. omis510n or misrepresentotion. A further description of our responsibilities for the oudit of the finonciol stotements is locoted on the Finonciol Reporting Council's website ot.. w This description forms part of our Auditorfs report. Use of ovr report This report is made solely to the choritoble compony's members. os a body. in occordance with Part 4 of the Charities (Accounts ond Reports) Regulations 2008. Our audit work has been undertaken so that we might stote to the choritoble company's member5 those motters we ore required to stote to them in an Auditor's report and for no other purpose. To the fullest extent permitted by law. we do not accept or assume responsibility to anyone other than the choritable componu ond Its members. os o body. for our oudit work. for this report. or for the opinions we hove formed. sTrP by.. 43BCIC32470A4BD... Mark Gurney FCCA Senior Stotvtory Auditor For and on behalf of Dolns Audlt Llmited Stotutory Auditor Chartered Accountonts Birminghom 24 March 2026 Poge 25
DoGUSign Envelope ID". OA1A58A3-12A54E60-A09E.75D79C080AD6 The Albion Foundotion (A company Ilmlted by gvorantee) Statemènt of financial activitiès (incorporating incomè and èxpenditurè account) For the y¢¢r ended 51 Avgust 2025 Unrestrlcted funds 2025 Restrlcted funds 2025 Total funds 2025 Totcjl funds 2024 N¢te Income from.. Donotions ond legocies Charitable activitles 20.133 20.133 13.704 1.220.153 1.055.235 2.275.388 2,095.553 Other trading activities 669.217 669.217 652.778 Total income 1.909.503 1.055.235 2.964.758 2.762.015 Expendltvre on: Choritoble octivities 1.911.218 1.055.235 2.966.453 2.830.907 Total èxpenditurè 1.911.218 1.055.235 2.966.453 2.830.907 Net expenditure Transfers betreen funds (1.715) (1.715) (68,892) 14 500.000 (500.000) Net movement In funds 498.285 {500.000} (1.715) (68.892) Reconclllatlon of funds.. Totol funds brought forword Nei movement In funds 268.822 500.000 768.822 837.714 498.285 (soo.000) (1.715) (68.892) Totol fund5 cgrried forword 767.107 767.107 768.822 The Statement of Financiol Activities includes oll gains and losses recoonikd in the year. The notes on pages 29 to 46 form part of these financial stotements. Poge 26
DoGUSign Envelope ID". OA1A58A3-12A54E60-A09E.75D79C080AD6 The Albion Foundotion (A company Ilmlted by gvorantee) Reglstered number: 04012682 8aloncÈ shèet As ot 31 Auoust 2025 2025 2024 Notè Fixed assets Tangible assets Current ossets 34.283 20.208 Debtors 12 191.015 197.110 Cosh ot bonk ond in hond 688,810 860.044 879.825 1.057.154 Current liobilities Creditor5. amounts falling due within one year 15 (147.001) (308.540) Net current ussets 732,824 748.614 Total net assets 767.107 768.822 Charity fvnds Restricted funds 14 500.000 Unrestricted funds Designated funds Generol funds 14 500.000 14 267,107 268.822 Total unrestricted funds 14 767.107 268.822 Totol fund5 767.107 768.822 The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records ond preparation of financial statements. The financial stotements have been prepored in accordance with the provisions applicable to entities subject to the smoll companies regime. The finonciol stotements were opproved ond outhorised for issue by the Trustees on 13 Morch 2026 ond signed on their beholf by.. J Verrier (Trustee) The notes on pages 29 to 46 form part of these financial statements. Poge 27
DoGUSign Envelope ID". OA1A58A3-12A54E60-A09E.75D79C080AD6 The Albion Foundotion (A company Ilmlted by gvorantee) Statemènt of cash flows For the y¢¢r ended 51 Avgvst 2025 2025 2024 Cosh flow5 from operating activities Net cosh used in operating activities 048.241) 43.066 Cash flows from investing octivitles Purchose of tongible fixed ossets (22,993) (13.260) Net cash used In Investlng actlvltles (22.993) (13.260) Change in cash and cash equivalents in the year 071,234) 29.806 Cash and cash equivalents at the beginning of the year 860.044 830.238 Cash and cash eqvivolents at the end of the year 688.810 860.044 The notes on pages 29 to 46 form part of these financial stotements Poge 28
DoGUSign Envelope ID". OA1A58A3-12A54E60-A09E.75D79C080AD6 The Albion Foundotion (A company Ilmlted by gvorantee) Notes to the flnancial statements For thè year èndèd 31 August 2025 General information The Albion Foundation is a choritoble compony limited by guarontee incorporated in the United Kingdom and is registered in England and Wales. Its company and chority registered numbers ond registered office are shown on the Charity Information page of these financial statements. Its principal activity is detailed in the Trustees, Report. Accounting policies 2.1 Bosis of prèparation of financiul statemènts The finonciol stotements hove been prepored in occordonce with the Chorities SORP (FRS 102) Accounting ond Reporting by Chorities.. Stotement of Recommended Proctice opplicoble to chorities preporing their occounts in occordonce with the Finonciol Reporting Stondord opplicoble In the UK ond Republic of Irelond IFRS 102) leffeciive l Januory 20191, the Financlol Reporting Siandard applicable In the UK ond Republlc of Irelond IFRS 1021 ond the Componies Act 2006. The Albion Foundation meets the definition of a public benefit entity under FRS 102. Assets ond liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy. The finonciol stotements ore prepored on o going concern bosis ond ore presented in sterling which is the lunctionol currency of the chority ond rounded to the neorest £. 2.2 Going concern The trustees continue to odopt the goino concern ossumption os the bosls of preporation of the charity's financial statements. In doing so. the trustee5 confirm they believe thot no material uncertainties exist in the foreseeable future regarding the charity's ability to continue as a going concern. In forming this conclusion. the trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from the dote of outhorising these finonciol stotements. 2.3 Income All income is recognised once the Chority hos entitlement to the Income, It Is probable thot the Income will be received and the amouni of income recelvoble can be measured reliobly. Grants ore included in the statement of financial activities on a receivable bosis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Bolance sheet. Where income is received in advance of entitlement of receipt. its recognition is deferred ond Included In creditors as deferred Income. Where entitlement occurs before income is received. the Income Is occrued. Other Income Is recognised in the period in which it Is receivoble ond to the extent the goods hove been provided or on completion ol the service. Poge 29
DoGUSign Envelope ID". OA1A58A3-12A54E60-A09E.75D79C080AD6 The Albion Foundotion (A company Ilmlted by gvorantee) Notes to the flnancial statements For thè year èndèd 31 August 2025 Accovnting policies (continued) 2.4 Expendlture Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party. It is probable that a transfer of economic benefits will be required in settlement and the amount of the obligotion con be meosured reliobly. Expenditure Is clossified by octivity. The costs of eoch octivity ore mode up of the totol of direct costs ond shored costs. including support costs Involved in undertoking eoch octivity. Direct costs oitributoble to o single octiviiy ore ollocoted directly to thot octivity. Shored costs which coniribute to more than one activity ond support costs which ore noi attributoble to o single ociivity ore opportioned between those activities on a basis consistent with the use of resources. Central staff costs ore allocated on the basis of time spent. ond depreciotion charges allocatèd on the portion of the asset's use. Expenditure on charitable activities is incurred on directly undertaking the activities which further the Chority's objectives. os well os ony 0550ClOted support costs. Governonce costs Include the costs ottributoble to the trust's complionce with constitutionol ond stotutory requirements. Including oudit. strotegic monogement ond trustees, meeting ond reimbursed expenses. All expenditure is inclusive of irrecoveroble VAT. 2.5 Taxation The chority is on exempt charity within the meaning of schedule S of the Charities Act 2011 ond is considered to pa5S the test5 Set out in Paragraph 1 Schedule 6 Finance Act 2010 ond therefore it meets the definition of o charitable Company for UK corporation tax purposes. 2.6 Tangible fixed assets und depre¢iution Tongible fixed ossets ore Initiolly recognised ot cost. After recognition. under the cost model. tongible fixed osseis ore meosured ot cost less occumuloted depreciotion ond ony occumuloted Impoirment losses. All cosis Incurred to bring o tangible fixed asset into Its intended working condiiion should be included in the measurement of cost. Depreciation is charged so as to ollocote the cost of tongible fixed ossets less their residuol value over their estimated useful live5 Depreciation is provided Dn the following basis". Motor vehicles Fixtures ond fittings Office equipment Computer equipment Inflotable Football Pitch & Other Sports Equipment 53% stroight line 25% reducing bolonce 250/. reducing bolonce 33/0 Straight line (disposed of after S yeors) 20Y. straight Ilne Poge 30
DoGUSign Envelope ID". OA1A58A3-12A54E60-A09E.75D79C080AD6 The Albion Foundotion (A company Ilmlted by gvorantee) Notes to the flnancial statements For thè year èndèd 31 August 2025 Accovnting policies (continued) 2.7 Debtors Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trode discounts due. 2.8 Cash at bunk ond in hond Cush ot bonk ond in hond Includes cosh ond short-term highly liquid Investments with o short moturity of three months or less from the dote of ocquisition or opening of the deposit or similor occount. 2.9 Liabilities and provisions Liabilities are recognised when there Is on obligotion ot the Bolonce sheet date os o result of a past event, it is probable that o tronsfer of economic benefit will be required in settlement. und the amount of the settlement can be estimated reliably. Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the omount it hos received os advonced poyments for the goods or Services It must provide. Provisions ore meosured ot the best estimote of the omounts required to settle the obligotion. Where the effect of the lime volue of money Is moteriol. the provision Is bosed on the present volue of those omounts. discounted al the pre-lox discount rote thoi reflects the risks specific to the Iiobility. The unwinding ol the discount is recognised in the Stotement ol financial activlties os a finonce cost. 2.10 Flnanclal instruments The Charity only has financial asset5 and financial liobilities of a kind that qualify as basic financiol instruments. Basic finoncial instruments are initially recognised at transaction value and subsequently meosured ot their settlement volue with the exception of bonk loons which ore subsequently meosured ot omortised cost using the effective interest method 2.11 Pensions The Charity operotes a defined contribution penslon scheme ond the pension charge represents the omounts poyoble by the Chority to the fund in respect of the yeor. Poge 51
DoGUSign Envelope ID". OA1A58A3-12A54E60-A09E.75D79C080AD6 The Albion Foundotion (A company Ilmlted by gvorantee) Notes to the flnancial statements For thè year èndèd 31 August 2025 Accovnting policies (continued) 2.12 Fund occounting General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes. Designoted funds comprise unrestricted funds thot hove been set oside by the Trustees for porticulor purposes. The oim ond use of eoch designoted fund Is set out In the notes to the linonciol stotements. Restricted funds ore funds which ore to be used in occordance with specific reslriciions imposed by donors or which have been roised by the Charity for porticular purposes. The costs of roising ond administering such funds orè chorged ogoinst the specific fund. The oim ond use of eoch rèstricted fund is set out in the notes to the financial statements. Income from donotions und legacies Unrestricted f unds 2025 Total funds 2025 Donotions 20.133 20.133 Unrestricted funds 2024 Total funds 2024 Donotions 13.704 15.704 Poge 52
DoGUSign Envelope ID". OA1A58A3-12A54E60-A09E.75D79C080AD6 The Albion Foundotion (A company Ilmlted by gvorantee) Notes to the flnancial statements For thè year èndèd 31 August 2025 Income from choritoble activltles Unr¢stri¢ted funds 2025 Restricted funds 2025 T¢tal funds 2025 Active lifestyles 926.546 628.591 1.555.137 Behovior Chonge Wellbeino 74.413 245.691 320.104 219.194 145.453 364.647 Monogement Fees 35.500 35.500 1.220.153 1.055,235 2.275.388 Unrestricted funds 2024 Restricted funds 2024 Totol funds 2024 Active Lifestyles Behovior Chonge Wellbeing Monogement Fees 908.863 410.292 1.519.155 37.832 170.576 208.408 287.585 182.OfA 469.649 85.821 12.500 98.321 1,320.101 775.432 2.095.533 Poge 33
DoGUSign Envelope ID". OA1A58A3-12A54E60-A09E.75D79C080AD6 The Albion Foundotion (A company Ilmlted by gvorantee) Notes to the flnancial statements For thè year èndèd 31 August 2025 Income from other trading octivltles Income from fundraising èvènts Unrestricted funds 2025 Totgl funds 2025 Fundroising octivities 537.870 537.870 Sponsorships 131.547 131.347 669.217 669.217 Unrestricted funds 2024 Total funds 2024 Fundraising activities Sponsor5hip5 508.054 508.054 144.724 144.724 652.778 652.778 Poge 34
DoGUSign Envelope ID". OA1A58A3-12A54E60-A09E.75D79C080AD6 The Albion Foundotion (A company Ilmlted by gvorantee) Notes to the flnancial statements For thè year èndèd 31 August 2025 Analysls of expenditure on charltoble actlvlties Summary by fund type Unrestricted funds 2025 Restricted funds 2025 Total 2025 Active Lifestyles 1.514.237 500.902 1.815.139 Behovior Chonge Wellbeing Monogement Fees Commercial 79,244 245,691 324.935 102.527 506.642 411.169 10.243 10.243 404 967 404.967 1.911,218 1.055.235 2,966,453 Unrestricted funds 2024 Restricted funds 2024 Totol 2024 Active Lifestyles Behovior Chonge Wellbeing Management Fees Commerciol 1.116.402 410.292 1.526.694 103.572 170.576 274.148 549.249 182,064 751.313 32.475 32.475 225,679 225,679 Business operotions 40.598 40.598 2,067.975 762.932 2,830,907 Poge 35
DoGUSign Envelope ID". OA1A58A3-12A54E60-A09E.75D79C080AD6 The Albion Foundotion (A company Ilmlted by gvorantee) Notes to the flnancial statements For thè year èndèd 31 August 2025 Analysls of expenditure by actlvitles Activities undertaken directly 2025 Support costs 2025 Totol funds 2025 Active Lifestyles Behovior Chonge Wellbeing Monogement Fees Commercial 1.257.651 557.488 1.815.139 234,681 90.254 324.935 508.642 102.527 411.169 10.243 10.243 404 967 404.967 2.205.941 760.512 2,966,453 Activities undertoken directly Support costs 2024 2024 Totol funds 2024 Active Lifestyles Behovior Chonge Wellbeino Monogement Fees 1.090.803 435.891 1.526.694 205.250 68.898 274.148 576.138 155.175 751.515 32.475 32.475 Commercial 225,679 225,679 Business Operations 40.598 40.598 2 138.468 692 439 2.830.907 Poge 36
DoGUSign Envelope ID". OA1A58A3-12A54E60-A09E.75D79C080AD6 The Albion Foundotion (A company Ilmlted by gvorantee) Notes to the flnancial statements For thè year èndèd 31 August 2025 Analysis of expenditure by activities (continued) Analysls of support costs Total funds 2025 Total funds 2024 Staff costs 316.521 412.614 Depreciotion 8.918 14.151 Property costs Admin costs 54.504 47,939 247.469 114.946 Governonce costs 11,593 12.270 St(]ff clothino and tickets Professionol fees 75.611 21.083 30.550 35.441 Stoff training 15.346 33.995 760.512 692.439 Staff costs 2025 2024 Woges ond solories Sociol security COSIS Contribution to defined contribution pension schemes 1.325.622 1.817.493 170.918 138.476 41.928 32.957 1,538,468 1.988.926 The average number of persons employed by the Charity during the year was as follow5.. 2025 No. 2024 No. Full time 76 70 Part time 24 52 102 Page 37
DoGUSign Envelope ID". OA1A58A3-12A54E60-A09E.75D79C080AD6 The Albion Foundotion (A company Ilmlted by gvorantee) Notes to the flnancial statements For thè year èndèd 31 August 2025 Staff costs (continued) The number of employees whose employee benefits (excluding employer pension costs) exceeded £60.000 was". 2025 No. 2024 No. In the band £60.001 £70.000 In ihe bond £100.001 £110.000 The key monagemeni personnel ol ihe Chority comprise the manogemeni team listed on poge 1. The loial remunerotion poid to the key monooement personnel in the yeor. including pension contributions and social security costs. totalled £480.077 (2024." £336.846). Trustees, remun¢r¢ti¢n ond expenses During the yeor. no Trustees received ony remunerotion or other benefits (2024 - £NILI During the yeor ended 31 August 2025. no Trustee expenses hove been incurred (2024- £NILI. 10. Net income / (expenditure) Net income / (expenditure) is stoted ofter charging". 2025 2024 Auditors remuneration 10.750 9.950 Depreciotion chorge Defined contribution pension cost 8,918 14.150 41.92B 32.957 61.596 57.057 Poge 38
DoGUSign Envelope ID". OA1A58A3-12A54E60-A09E.75D79C080AD6 The Albion Foundotion (A company Ilmlted by gvorantee) Notes to the flnancial statements For thè year èndèd 31 August 2025 Tangible fixed assets Inflatoble tootball pitch Motor Fixtures Office Computer & other sports vehicles and fittings equipment equipment equipment Total Cost or valuation At 1 September 2024 Additions 120.905 11.052 14.915 92.629 125.530 365.051 3.160 11,331 8.502 22,993 Dispos(]Is <71.118) <1.66e) (8.275) (7.572) (91.308) (179.941) At 31 August 2025 49,787 9,384 9.800 96.388 42,724 208.083 Oepreaation At 1 September 2024 Chorge for the yeor On disposals 120.905 5.648 10.708 89.496 120.066 344.823 1.851 1.710 3.784 1.573 8.918 (71.118) <1.668) (8.275) 17.572) (91.308) 079.941) At 31 August 2025 49.787 3.831 4.143 85.708 30.531 173.800 Net book valve At 31 August 2025 5,553 5.657 10.680 12.393 34.283 At 314ugust 2024 7,404 4.207 3.133 5.464 20,208 Poge 59
DoGUSign Envelope ID". OA1A58A3-12A54E60-A09E.75D79C080AD6 The Albion Foundotion (A company Ilmlted by gvorantee) Notes to the flnancial statements For thè year èndèd 31 August 2025 12. Debtors 2025 2024 Oue wlthln one year Trode debtors 86.764 111.176 Amounts owed by connected party Prepoyrnents and accrued income 34.790 22.209 69.461 63.725 191,015 197,110 Amounts owed by connected parties are unsecured. interest free. have no fixed date Of repayment and are repayable Dn demand. 13. Creditor5'. Amount5 falling due within one yegr 2025 2024 Trode creditors 12,109 14.239 Amounts owed to connected porty Accruols ond deferred Income 32.657 95.427 102.235 198.874 147.001 508.540 Amounts owed to connected parties are unsecured. interest free. have no fixed date of payment and are poyoble on demond 2025 2024 Deferred income at 1 September 2024 Resources deferred during the yeor Amounts released from previous periods 160.461 45.386 56,630 160.461 060.461) (45.586) 56,630 160.461 Poge40
DoGUSign Envelope ID". OA1A58A3-12A54E60-A09E.75D79C080AD6 The Albion Foundotion (A company Ilmlted by gvorantee) Notes to the flnancial statements For thè year èndèd 31 August 2025 14. Statement of funds Statement of funds- current year Balance at 1 Sèptémbèr 2024 Tronsfèrs Balance at 31 in/out Auoust 2025 In¢ome Expenditure Unrestrlcted funds Designated funds Operotionol Fund 500.0¢)O 500.000 General funds Generol Funds 268.822 1.909.503 (1.911.218) 267.107 Totol Unrestricted fund5 268.822 1.909.503 0.911.218) 500.000 767.107 Restricted funds Capital Reserve Active Lifestyles Behoviour Chonge Wellbeing Monagement Fees 500.000 (500.000) 628,591 (628,591) 245.691 (245.691) 145.453 (145.453) 35.500 (35.500) 500.000 1.055,235 {1.055.235) (500.000) Total of fvnds 768.822 2.964.738 (2.966.453} 767.107 Poge 41
DoGUSign Envelope ID". OA1A58A3-12A54E60-A09E.75D79C080AD6 The Albion Foundotion (A company Ilmlted by gvorantee) Notes to the flnancial statements For thè year èndèd 31 August 2025 14. Statement of funds (continued) Operatlonal Fund During the year. The Albion Foundation relocated to new premises Dn Ray Hall Lane. Historically. management hod built up o restricted fund of £500.000 intended for the future renovotion of the old premises. which hove now been vocoted. The Trustees hove confirmed thot there ore no longer ony specific projects requiring the use of this £500.000 Copitol Reserve ond hove therefore opproved its tronsfer to o designoted reserve Following this decision. the Trusleeg have estoblished o revised structure for designated funds to support the long-term finonciol stability of the Foundation. Capltal Aesèrve The copitol reserve represented funding lor o new focilitu for the Foundotion. Poge 42
DoGUSign Envelope ID". OA1A58A3-12A54E60-A09E.75D79C080AD6 The Albion Foundotion (A company Ilmlted by gvorantee) Notes to the flnancial statements For thè year èndèd 31 August 2025 14. Statement of funds (continued) Statement of funds- prlor yr Balance at I September 2023 Balonce at 31 August 2024 Income Expenditure Unrestrictèd funds General Funds 337,714 1.986.583 (2,055.475) 268,822 Rèstricted funds Active Green Tender 66,596 166.596) Advantage 17.499 {17.499} Birminghom Sport Capital Reserve Active Lifestyles Wellbeing Management Fees Inside Out 10.000 110.000) 500.000 500.000 29.000 {29.000} 15.470 (15.470) 118.050) (656) 18.050 656 Lace Sandwell MBC 43,076 (43.076) 15.290) Million Hours 5.290 Premier Leogue Fons Referrol Premier Leooue Fans Fund Premier Leogue Inspires 7.500 (7.500) 12.500 (12.500) (95.833) 95.853 Premier Leogue Kicks Premier League Primary Stars 192.667 (192.667) {145.500} 143.500 RSBC 12.480 {12.480) Hatch 31.000 (31,000) (10.000} Mentoring 10.000 HAF 38,888 138.888) Other 25.426 (25 426) 500.000 775.431 (775.431) 500.000 Total of fvnds 837.714 2.762.014 (2.830.906} 766.822 Poge 45
DoGUSign Envelope ID". OA1A58A3-12A54E60-A09E.75D79C080AD6 The Albion Foundotion (A company Ilmlted by gvorantee) Notes to the flnancial statements For thè year èndèd 31 August 2025 15. Analysls of net assets between funds Analysis of net assets between funds- currènt year Unrestri¢t¢d funds 2025 Totol funds 2025 Tangible fixed asseis 34.283 Current assets 879.825 879.825 Creditors due within one yeor {147.001) (147,001) Total 767.107 767.107 Analysis of net assets between funds- prior year Unrestricted funds 2024 Restricted funds 2024 Totol funds 2024 Tongible fixed ossets Curreni asseis 20.208 20.208 557.154 500,000 1,057,154 Creditors due within one year 1308.540) 1308.540) Total 268.822 500.000 768.822 Poge44
DoGUSign Envelope ID". OA1A58A3-12A54E60-A09E.75D79C080AD6 The Albion Foundotion (A company Ilmlted by gvorantee) Notes to the flnancial statements For thè year èndèd 31 August 2025 16. Reconelllatlon of net movemènt In funds to nèt cash flow from operatlng activltles 2025 2024 Net expenditure lor the year las per Staternent of Financial Activities) 0.715) (68.892) Adjustments for: Depreciation charges Decreose In debtors 8.918 14.150 6,095 252.675 Decrease in creditors <161.539) (154.864 Net cgsh provided by/lused in) operoting activitie5 (148.241) 43.066 17. Analysis of cash and cash equivalents 2025 2024 Cash in hand 688.810 860.044 Total cash and cush equivalents 688,810 860,044 18. Analysis of changès in nèt dèbt At1 September 2024 At 51 August 2025 Cash flows Cash at bank ond in hand 860.044 071.234) 688.810 860,044 (171,234) 688.810 Poge 45
DoGUSign Envelope ID". OA1A58A3-12A54E60-A09E.75D79C080AD6 The Albion Foundotion (A company Ilmlted by gvorantee) Notes to the flnancial statements For thè year èndèd 31 August 2025 19. Pension commitments The Foundotion operotes o defined contribution pension scheme. The ossets of the scheme are held separotely from those of the Foundation in an independently administered fund. The pension cost charge represents contributions payable by the Foundation to the fund and amounted to £41.928 (2024 - £32.957}. Amounts of £Nil (2024 - £NIl) were poyoble to the fund ot the bolonce sheet dote. 20. Operoting leose commitments At 31 August 2025 the Chority hod commitments to moke future minimum leose poyments under non- cancellable operating leases as follows.. 2025 2024 Not loter thon l yeor Later than l year and not later thon 5 yeors 18,449 17.629 19.386 59.484 37.835 57.113 At 51 August 2025 the Chority hod commitments to moke futurè minimum lease payments under o non- cancellable property lease as follows". 2025 2024 Not later than l year 32.420 Loter thon 1 yeor ond noi loter thot 5 yeors 41,270 73.690 21. Related party transactions During the year West Bromwich Albion Football Club Limited processed the Foundation's payroll ot o totol volue of £1.852.446 (2024. £1.917.0631. The Foundation repoys the Footboll Club in full. During the year the Foundation made purchases of £81.764 (2024." £89.713) from and sales of £67.247 {2024.. £91.951) to West Bromwich Albion Footboll Club Limited. At the bolonce sheet dote £34.790 (2024.. £22.208} sot in trode debtors wos owed from the Footboll Club to the Foundotion This omount hos been fully recovered ofter dote. During the year the Foundation has poid costs of £Nil (2024.. £12.5071 and received income of £Nil (2024.. £12.627) on beholl of West Bromwich Albion Football Club Women Limited. Poge46