Company Number. 03920152 Charsty Number." ICé2274 MIknlIC￿mUnltyTr￿$f (A tomp￿¥1￿￿￿e￿ tyguarathietl Report Flnanri31 St*em*nts Forthe yearendod 31 Marth 2023 1111111111 1P41212023 COMPANIES HOUSE Company Number.. 03920S2 Charity NurT*er'. 1082274 MIHwallCtyMwiMtyTrust Paee Company Irthm¥ti DirertO￿. and Tru5tees' Rewt 2-14 Aydiiw¥ Report 15-17 Ststem¢*tol Finanoal A(ti¥ikne5 18 Balance Sheet 19 Statement of C*sh F1tr4VS Plote5 tothe financia15taterren15 .21-31 CompaTry Nvmber-. 03920152 Charity Number.. 1082274 Mllw•U CommunliyTnist DIRÉcfoRS AND TRUSTEES.. Marf( Farbrotherlte$8ned 200ttobLY20231 Peter Garst Rt Hon Sir Simon HWe5 Sie¥e Kavanègh Lord Kennety of5￿1hwark Stuart L(Kk Iresigfied 30September 20231 Emma Parker13ppointed 300ctcber 20231 Sarah Resyll lapptynted 21 June 20231 car￿ &mmons Keith Soper Ja50n Winont Luke Wilson (appointed 12 Ottober 20231 COMPANY SECRETARY.. Phifip (YHaloran CHIEF EXECUllVE OFFKEIL. Sean Oa REGISTERED OFFICE.. Ihe Dert Zarnpa Road S£16 31N REGISTEREDCHARrrY NUMBER.. l(W274 COMPANYNUMBER: 0392Q152 AUDITORS.. Azets AuditSerwtr5 brnited Regisrered Audit￿5 & Chartered Accountanrs A5hcorr*e Cwt Wodsack Way Godalming s￿￿Y5U7 ILQ BANKERS: B¥da￿ 8ank PLC Leicester LE87 2B Page I Company Number.. 03920152 Charity Number.. 1082274 MHlwaU C¢)rnmunltyTniM Report olthe Directors Trustres forthe Ytar Ended 31 Marth 20Z3 The ￿'re￿o￿ aThJTntstees wesenttheirannual wortfortheyweth 31 Marth 2023togethervAththe avdfted atcounts for theyearanOconf*m th*the lar¢efc¢Ynplywith the re￿i￿ments01the Corwnies Att 20C6 and theChaTibes SORP IFR5 1021. 5TRucfuRE, GOVERNANCE ANO MANAGEMEI Governlns dotlwnent: The tharity is control￿￿ by its rnernorandum arnl artides of assoriation. beiTr8 a company limited bv guèrèntee. as defined bytheCompar¥esAct 2(￿. Recruitment and appolntment ol new trusteek" Trustees we sderted fty their proless6onal skills and Èxperientè atross variety of areas to which they can c0Thtn￿Ute toward5 the effectvle wnningof the tharity. The humber of trustees must not be less than three. there is no maxin￿1 The first trust&S 5ub5craJed on incorporation of the (ompany. Atthe first ar￿val general meetin8 èll of the trustees tstired from offi￿. in accordance ¥thth the aft￿e5 of associaiion. Ai each $L￿Sequent amual 8ewal meeting one-third of the trustees (with lon8estseNicel a￿ subjett to reDrement by ioiation. NewtfU5tees rlwstbe recommended by atrI￿tee and areapw4nted bY￿￿T￿IDaryres0IUtitsn ofthe company. During 2023, an exiernal reuuitrnent wocess was U￿rtak￿ to apwKIt an additional trustee, brin8ir% the totsl number of trustees to ten. Indud¥on and traknlnR of newtrustees: f4ew trustees are invited tothe Trust's offices at the iims Centre to meet the staff ènd are given an ovemew of the Tru5t'5 artMtie5. They are prNded wrth a copy of the Mernornndum and Articles ol As5￿]￿tIOn for theTrv5tplu5 rninute50f recentmeetYV- Newlrusteesareprovidedwithdeta15 oltheirfell¢)wtru5tee5. who theyare inviied io meet at the earl*stopportunity. Organisational struC￿re TheTrustisattyrpanylimttedbyeuaranteeand is registereLSwiththetharityCthnN*ssK*n. htnsteesldirecterf5fortompary pu¥poseslwere appointed on incorptyatim. al ol*thom have since resyed. At 31 Marth X)23, the Trust had ten trustee A Chief E¥ecutive. who is JK*t è tfustee. leèds the Trust ¢)n a day-to4ay bayssupported by a leadershipteam induding up to four strand rnanager5. responsible for Schools lindud1￿ Primary Strr51.' FoDtb311 and Sport5 D￿elOpmen[ Ern￿oyment & Education,. NCS INational GJien SeNTcel and preM￿r Leawe KICKS. The Leadership Team de¥elop tore projects and usage ol the LioAS Centre. related to the Tru5Ys Charitsble Aims. The Cttiel Execvtwe Officer is paid at market rates which have been apprrNed by the btsard of tnJstee5_ The Trust has contracted with Millwall Foorb?11 Clvb IMFa ¢0 prwde its finance and ptyrdl fvnctws. An MFC FITran￿ Mana8er is re5pwsible f proc￿*ng all finèntial reporti￿ for the Twst. Wlder network TheTrusthas a strnregYolerac(wragi￿$p0￿$pan10￿ts)nthrOYRh pos<(Nepartnerships. ltisaffilk)￿tOTheEr￿ish Football League TrusL whth links all professional Football League Oub Community Orgon￿￿OnS. It has contracts with Housln8 Associabons acrossthe London Borou8hs of Lewisham and Southwa￿.and KUS 6 supported bythe Metropolitan Police and the Premier League Charitable Foundatth. Ihe Trust has a str￿& relationship with London Boroughs ol southwa￿ and Lewish•m and is developifig a hew ￿LAtI(￿Ship with knnoaks Th"strict Counol. IA addillm. the Trust has developEd Stwice Level A8￿ ements a number o15choob Kross rts catchment ¥ea for wrriculum and extra Thel30liiies act asvenue5 for theTrusfs post 16 football and educauon Academy. an educ3tK*nal programme t￿t prowdes In￿raCtIve sports learninK pioyammes for l¢xal young people aRed 1&19years. Eduotional delivery ts Iocu5ed and tailored to meet the need5 OF people with a con*inatw of da55r￿m￿￿5e￿ less0￿. ftsHowed by practical sessions in the 8yrnna51LMn. Outdooror indo¢f foothall pitthek The Trust aims to create o su5tsinable year-round community 5POrt ¢)ffer for the reydents of Southw¥k and Lewisham aThJ ourpartners. ind￿￿1￿ Seyenoaks Lh"strKt Counol. We have embarked on discussions wTth part￿5 interested in workin8With usto deeidewhere a(Iditional ddivery hubs w￿1 k etharorethe nnee of opportunitiesfor all. Page 3 Corryany Number.. 03920152 Charity N￿mber.. 1082274 Mill4¥all cwmul￿tyTft Report ofthe Dirtttors•nd Trustees lorthe YearEnded 31 March 2023 Rel*ed pardes Whilstthe Trust Indep￿dent or8ans*scM) a￿sU¥￿ted as a comp￿vIlMI1ed byguwanteevrilh tharltabyestatus diretted by a board of trustee5, r( has a knng5tanding %￿ing retstionship with MFC The Trust ev0￿ed from a Football in the Community prryranyneoriBinally estab1￿hedln 1985.*thtthwa5 a pwther5hipbetweenthe lootballdth. and Lewisham ènd Southwark local authoritie5. Risk rnana8ernerrt Thetrusiees have identffjied arnl re•iewed the nsks ￿￿thIChthe tharrtyr5 exposed and ensu￿ thar•prowatetontroL5 are in ￿a¢e topThide reasonab￿ assurancea8ainsr fraud aNI errty. Sionllkant •rti¥i¢ies The Trust provid* a broad ran8e of opp)rtunities thrwout the year. design￿ to enE38e the local community in 5PQrts. health and edurationactNltie5. Thi5 rargesfrom the 5dw15' sports pro6ramrrethat 15 offered acr05sa range of spons to the CO￿p￿heNS￿e soeial indusion prcfrdrnmes in Lewisham èrbdSouthw3rk. Afvll description tsf artNities is prowded yAder the detailsol charitat4eartivitits. Publi¢ bernfft The trustees have followed the8Vid￿Ce i55ued by theCharityCryAmi5yon with regard to the public benefit artsing from the artivit￿5thtV deodetheTru5twill undertake. The Objectr￿S and airr6 of the Tntstare covered in more detail in these notes. The Twst prO￿deS I￿*uS3ndS tsf peop￿ within the surroundihg community with a rdnee of free or affordable opportunities ro partr¢ipate in sport and leisure promobr¢ inclusion and opportunity forall who ¥wsh tts tske part. In additKJn. theTrust is working With local partners to improve facilities wth the aim of prry4irfing more sporting opportunities. Volunteers An I￿reasin&nUmber0fpeop1e are¥olunteeri￿to$Up￿rtthe wwk oftheTrnfjt. Within tr*wdrwswork areas. volunteers have been recruited to assist in toath1￿ administratK)n. di￿￿t￿ organsation. Notru5tee reoNts any ￿m￿neratIOn lor thei¥ services. vo￿ntee￿ rar¢e in age from 14 to advlt. The Trust ha¥ in some case% pr￿ded further trainin8 for volunteer5 and qualifications in sportand people management. Page4 Company Number.. 03920152 Charity Number.. IC62274 Mlll*al Comm¥nltyTryst Report of the Director5 and Tmstees l•rtr*Ye¥ Ended 31 M¥th 2023 RATEGIC OVEV41IEW OFTrfEYEAR2022.23 Introdud￿n 11 is 38 years since the Millw?11 Cornm￿1ty 5th￿ Vd5 establ￿ in 1985 as a resLIt ol a Greater Lond￿ Countil IGLCI initiative that offered lond￿ football dubs r￿eThUe tundiry8 for the employment of a worker. plus a working budget lor a project to develop links and prcgrammes within their comrnunriies. lft the inteNening yeats. the Tfust has grown to offÈr a dNerse range ol sport5, heath. education and inelusioA projects. 2022-23 wasa8ain a challengingyearasthe Twsttontiwed to retovtrfrom the dsruption ￿￿ed by COVID-19 restritti¢>)s which resultÈd in the temporaryd05ureof the LIC￿ Centre and St Paufs Community Sports GroLtnd and the suspension of a nurnberoltheTru5VsattNities. Despitethis.theTnJst tr*Jilton itsrefreshedvi4w, missity),aimsand ¢bjertive5and ¢oTrtinued in it5 ambition to be more outward facin87Mth an emphasi5 on partnership wwkin8and ￿llaboratiDn. TheTru5t ha5 worked doselywith it5 partner5 in the planning and delNery of an in(bJsNe r3nBe of sportry aml SLKial opportunitie5 f¢X thousanés ol ytyjne peoe and adults INinB in disparate ￿mMunIt￿ acr055 Lewisha￿ S(Krthwark s￿en08k5 District Cfxtncil. 5peofi¢ support provKled by the Trust to the local tornrnunity induded= Continued Wdlbe*￿$uPpQrtto local hospital staff. withvolunteers Staffi￿ refre5hmenthubs In hospttal5. Online ffiantial semifvarsWe￿ prtyided ftr NHS 5raff and other orpThisations. Lion5 Centre runs its own food bank. 120knilies perweek. Outdoorfootball znd sports èrtMue5 wue atW8ed for school-esp>te a stron8 year in terms of ciitputs and a￿1￿eMentS the finanaal realty ol delwering serwiceswth small margins ￿ thai to recover actual costs is very diffi'cult. Partners have been ￿pOnS￿Ve tothe thallenges thatwe fa￿ and we have had Suc￿5 in developingnewthemesol work. particular￿ ￿ health improvementand ew*loyability. wh￿h nowdeliversoft* excit¥)8 and innovative projeLts. Page 5 Company Number.. 03920152 Charity Nurnber.. 1082274 MiM¥AIICornmurAty Tntst Report ofthe 01￿CtorS and Trustees forthe Year Ended 31 Marth 2023 STRATEGICOVERVIEW OFTHEYEAR 1022.21 Introdurtitsn Icffitinutdl It 15 thiough the ddivery of proyamrnes by our staff thèt we continue to capture the imagination commiknent ol the growry8 number of local people that L6e our seNtces. TheTrusi aims to (Jeate a Susta￿able year-round community Sport offerin8 ILY the residents of S0￿hWark and Lewisham. kn 2022 .23, on avefage over 8,(XX) youn8 pe¢>ple weekly and ovw I2.5￿1 reS￿ents annualty have been en8aBed aTrd beneffitted by v5ing the servKe5 prowded by the Trust. wFih support from MFC. Adetailedan31ysisofthe'end ofyearf rewts prrtlided by prcvarnr￿rn3na8er5 define53 richnes5 in the quality3nddNersity of the Trusvs work and pays tribute to the enormtyJs ded*ation and professional conwetence ol fvll and part ty.me staff. In this short sumrnary of the outcomes of the Tiusrfs worl we Mll draw attentin to athievements and Vèill attempt to summafise the impart ihe JNLyrarnrne has made ￿ the erowth and development ol younR people, tea¢her% c4nmunity entrepreneurs and pU￿1C and voluntary bodies. Bebw is a breakd¢)wn of specfft projerts. The fvnded projects h•4e a durat￿ of 1-3 years. Eath projett manaeer is responsible lor thwr speafK Cost ttntre and 5ubmitS propogb I￿￿1N8. The CEO *0 devebps la￿¢ funding proposals and suppoktsmanagemenr stsff ￿1h thelr priiea& Charltsble artlvitles-scho0￿C03(hITrs Foll¢>winE the disruptirn caused byCOVID. theTnth hèsrthi ￿L￿edde1￿4eryofsthoOl¢YI￿¢ulara￿4 extra￿￿rrIcularSpOrts programme53cr0$5 our c￿e boroughsof LewshamandSrrtJthwark. While ￿ler705e$SI0fi5 perweekwere delivered pre- COVID, these have reduced to 25 perweek. as it has takert trne for some sthods to pemit theTrust to ￿SUmÈ its activit￿$. A new prograrnme offer has been desvdned and it is hoped that thrs wll result in a hvdher level of uptake by schools. This includesthe ddivery of tsr8eied &rts-wly Se$9ty￿ and pr¥ital PSHE sessKns focusin8 ￿ nutritsC+naNI health. TheTrust a&oo￿an15*S sportséays,summerfetes andfairs atschoots in L￿viShaM and Sjuthwart ihdudin85UPPOrtin8 lor8e community ￿ents suth as Le¥rrisham Pe(We'5 Day ￿ Bermondsey Fe5twal. AJ50 5upffiing MFCS outreach work in the community. the FANZONE. Other athities indude b¢ws and Birb foothall compeiiti.wfj on bth*fol the Premier League & EFL Trust. Charltable actSvttles. Sports Partkw Holiday Food and Artivity IFLAFI CtyJrs*s The Trust undertakes a lar8e sports participation pro8r•nme both in f(xxball mutti-sports. The Trusys coachinE Staff deliver a ￿nge of sporrs in schoo15. local grass roots footbaH dubs and 5POrts centres. on behalf of communrty 8roups an organisations, deliver holiday fourye programmes duri￿8 ihe scw holidays. 5thod hdiday provtsK)n113 weeks per yearl for boy5 is dell￿ed at Nwues in Lewtham. 5rth￿k and KenL induLlir8 the Cent￿, and St Paul¥ Sports Ground. Tefm-Tlme Footwl aub We continue to deliverTerm.fime Football aL** Ipkyerdevelopment centrel. the after-sthoolfootbaD coathing programme. Session5 are offered two n￿ts per week anLI at the weekend thildren aged 4 . 12 years. We are Continui￿ to develop this Pr￿ramMe and align it more dosefy to the schools ￿chIn& progrèmme in order to encour48e Child￿rt to tontinue thwr participation o¢JtsKle of 5th0￿ ar￿ increase attendarKe ￿15. P linkn.￿ in the Heotthyschootsactreditation. hjnding Irom EFL of £12,C¥)O. Page 7 Cornpany Number.. 03920152 Charity Number. 1082274 MlllwallCommynltyTntst Rwirt of the Dirertors and TNstees forthe Vear Ended 31 Marth 2023 Chariiable a￿￿￿tIes. Oisabi16ty l*oJe¢ts The Trust is fvlly committed to increa%ryg the number of struaured and regular sports and plry5KèI activities avèilat4e to residents of all ageswrhdisabilitieswthinthe London Boroughsof LewisFgm and 5(wthwark.￿l SEN $th0015weaTe(vrw￿Y offeriryg woviston include.. t¥umbeaL Brurtswick Park and Spa Sthool whtshave allyKned up forthe current acadernKyear. Millwall DS L*on$ arethe olFI(ial MiltwaN DOW￿ SyndromeTeam. The8roup come together oncea rnonth at the Li(￿5 Centre and have a mixture ol lun trainin8 se5yons and matche5 a8ain5t other Down5 Syndrome teams njn by other profe55ional community football duès. Milhvall Lion5 are the offioal mil￿1311 mental health team. whKh trainsweekly at the Centre and compete in the South London Grassroots Football League. The group is managed by SiAM ISrwJth London and Maudsley Mental Health Tiu5tl aTr the Tw5t supports the Fwrarnme by pmidirgfree failrty usage and a wach to support the ses&on Charkable Artl¥ltles-CommuthOe4*1opw Programme5 Premler LeaEUt KKKS Premier League KICKSisthe Prem￿rlea8ue.s￿&thlP communityiNriaiive. Ith35 a lonB historyof usingthe pgweroffootball and the value of sport5 Partiopatts)n to help hard-ttrreath youn8Ster5 in some of the most disadv3nta8ed area5 of the cornrnynty. tum theii livesaround. 8ytN)RoginRvoun8 Peop￿ between the ages 018-19 in construcrive actNities, includinga wide variety of sp¢N￿ coachin& music and educatKJnal and pers<￿31 devel¢wment sessions. lotal u>mmunities have be transformed with impresswe sports participation rates and the authortties reP￿ting significant reductithis in anti-50cial behaviour. The Trtsst has managed to continue to maintain a high PerCen￿e of delivery and ccwerage through securing I(￿31 matth fundin8. We work d05ely with Swthwark Y￿th & Play ISLwthwarkl and Youth lirst ILew5shaml to rylet)tify locations in need for construttwe youth prwsion, ¥there we now have a number of successful Premier Lea8ue KICKS satellrf(e ¥enue5 throu8hovt both borou8h> 1% Football The Trust works in partr￿tt1P with ArtNe Communitie5 Network to p￿ide I￿e weekty foot￿1 se55W5 loryoung people bets¥een the ages of 19-24. ￿thOu$h thesessions a￿ open auess, they aim to engage wth young men and women WI￿ a either out ol education or ernP￿t and the rnasority who engage are ex-KICKS participants. session *￿enceS that partiOP¥lts' ielatiotbsl¥p with the Tryst i%endurinE and in some ￿Se5 continues long into adulthood. vo￿nteerIng& MeMorSn8 The Trust Makes a romrnitrnent to SUPPryt a number tsf people between the 4es of 16-24 who have derI￿strated a mmltment to enrol on the aavievdunteers. prog(am￿. y￿n8 Volunteers benefir from:_ Good learnr¢g erNironmenl by 5UpWrt1￿ql￿l1fied coathe5 at the Tnjst. Mentoring l..1 supportwth project manager. Opportuntytoenrol on accredited coathir¥ courses 108ain w ins*hiin the ¢oathln8wodd of professionaldevelopment and othereduc*ional awareness trainin8. Certificate of aChI￿eMent on completion olpa(ka8e& Access to a variety of coathing se5sirn plans. Variety of volunteering opp(rtuniiies thr¢W the ithfferent departmenrs at the Trust 5uth as community deveh)pmenL sports develepireni and Liorscentre or St Pauf5 Ctynmunity Sport5 Ground fatslities. Company Number.. 0392015Z Charity NunSJer.' 1082274 Millwall C¢¥nmunity Tr4SI Report of the Directors and Tru5tee5 lorihe Year Ernkd 31 Marth 2023 OIVERT DIVERT 15 a Metro￿li￿n Polio seryice diveNcffi wc£rarnmevrt*re the Trust provides a Custody Intervention C03ch based in Lewisham Police Ststitin. DIVERfs Missi￿ is to speak with 18-25-year-o￿s while they are still in pdiee Custody with the aim of linding thern employment, education and trdiThinB. Usin8 a teachable rnoment. we Speak with Individ￿lS who have been arrested and listen io whai they want to aW￿t0. Uslngsustsined and effeuTrvesupp¢)rtwethen refer ywngadults to respective organiiationsand ern￿0￿1$. Ultimatety DIVERTS goal is toprevent reoffending and rethxe Ulff￿. The proyarrffie wn5 separate￿ to the criminal jvsiice system. which allows u5 to deal with youn83dvlts on a be5pth. C￿&by-Ca5e basis and tèibrour work to ensure that young people receive the most eflectwesupport. So lar. we have wrKked with￿er 2Pl1you￿ adutts and helped neody 120 peopte into empltyrnent. Ouroverall reoffending rate 15 jvst eight per cent Mlllwall WzlkiniSport5Club5 TheTrust works 1np3rtnership￿th thesouthwark Pensinerscentreand theSE LondCfi￿Zhe1rnerfs5O(ietytO￿elIYerWeekly Walkin8 Sport5 aubs lor dder people across the LorKlon BorouBh of Swthwark The pro8rnnrnt 5UPPOrts ￿der people and those with two or three limitin8 lon8-term health cond11b￿s. dementia, mental healih difficulti￿ limited rrobility or those whts are inartive, to stoy rrt WKI healthy. The ts¥trhour weekty aLtivitie5 offeT pecple the opportunity to meet other ople have lun. stimulating the mind. and develo1￿nE balance and hand-eye coordinaticm. It ofters an opportunity for a tar8et auth"encethatwould nototherwt5ebe è¢tiveaNI r￿vleeldlseng18ed vith the lo(alcommunity. Before andaftereach actwity, the group have open and indNidual conversations over refreshments. albwing members to help exh other by sharin8 life experiences and thus reduOngS￿5s. isolatK¥n and knneliness. Underthe heallh imwovwment bamer, theTrust has dwelcyed a maleaduk health pf0Rram￿ IWN v FAT), with over 70 advks atteTrdl￿ week+y physical and educational se55tons on lrfe5tyle th￿Be. ChariubttAcii¥illes.Edutatlon ind Employ•blity The aim for the Trusys Educatxsn and Employability sirand is to provtde a 5UTtable and robust education and empbyability pro8ramme io tèr8et 8roups 4+Athin the BoroLWs of Lewisham ané S(rtrthwari C￿er the cour5È of the year. these proBramrnes and have d￿e￿Ped and chan8ed to meei the needs ol ih05e we are WOfkin8 with and to enwie we are ¢CMnpliantand workin8to med wulaiory le4uliem￿1K Alternatlvo Pro¥lsion The Trust ha5 adapted its AP offer into an AP Academy. *knich p￿IdeS 3 natural pattway into our post-IG knrtiati¥es. This has enabled us to tapinto the mainS￿3M mafketmoreandapproath lotal schooLs to offerourseNites asAPprovider which aeisas a prerted the fvsi•er authtof Board rnembe￿. 4aff. vdun￿rs3nd participants as part of an O￿OIng£0mMItmentI0waTds equality, dwer5ityand 1ndLL41L￿ ￿ all areas of operations. An intemal survey was sent to all appropriate stakehoklers it5 findings allowed MFC ioset necessarybenchmarks as part of a new Mridespread and multi-fèceted anti•i5crimination strategy. In£lvdedwithin that W•5 the formation ofan Equality. DNersityand Indu5ion Code of PrattKe toc￿rdepartme￿tsthrC￿ghOth MFC andthe aamties and recruitsnent Pfixesses. In January 2021. MFC and the Tnjstannounced the forrnation of its new'Equality SteermB Commiitee.. a Le￿ of MFC and Tiust erTwloyees. fans antl external a(fvi50r5 Ixought tO8ether todrive all initi3tNes. projects and 5trate8iES relatln8 to all the above. The Committee ctwtinuesto meet on a mwthty basis with all rnember5 responsible for action1￿ differin8 tasks or objectNes in between. Thetyerall aim olthe Cornmittee is to ensure that MFC ard theTrust remaih an industry leader when it come5 tocornbatting disuirnination With￿ thesport and also toen5vre that its environment 15 di¥erse and it)clusbve. Pège 10 Conwany Number.. 03920152 Charity Number." 1082274 Mill*¥all CornmunltyTrurt Ileportofthe DirErtors andTtystees forthe Year Ended 31 Marth 2023 FufuRE OEVELOPMENTS Folkswing discussiMs regardirE proposals fcf thedevelopment of thesite around the Lions Centre. trustees have given their ' b?thingio MFCtone8Oiiaiewith L8 Lwshamfor anew lease lorthelandaroundThe Den.TheCouncil hasa8ree4 ￿ printiple that a new long-tenr lease of all the knd occupied by MFC and by the Trust wwld be granled contsining provisions allowin8 the tedeveloprnenl to be carried oul tA"s¢v5yons on the durntion olthe k)n8-iem lease a￿ ongoing. The arthitects appcinted bythe Football Oub have treated a %htme to redevelop an(f regenerate the1and around The Den which incluL1es expanding the stadium, bringing it and its facthitKes into line ￿th Pre￿er League requiremeAts, a New tentre for theTrusiwithin the stadium. protection of MFCsywth ac•le￿ry's 5tatV5. anda hotel and conference centre. In February 2023. MFC re￿ved plannin8 permission to build a rw training ground in Sevenoaks KenL which VAII 8ive the Trust anopportunityto dwelop wogrammes ID the Kentarea. This is allvery8ty)d ne￿5 for the frust. MFQ its SiWOrters•d. abtye all. fwthe loolcoftwnunity. The Trust wll continue to dÉwdop oye themes of aar¥ity. which in wll ueate sooa] value outputs. Some new health impro¥emeThi alternati¥e education and employability projeas ha¥e been rnaintained during 2022-23. The Trusi ts sirategicalfydevelopin8a newdelNeryportfolio.buildin8SUStainability in￿e4chprOjecl Wealsoconiinuetoinuease actr¥ity and partnershipsatthe Lionscentre. creatingadditthal inCLMTh. Asan example. we arewideningthe scope of holidayttwrse opportunilles by deddopui8the multi-sptyt attivity prLwamn* to {￿ate a susrainalle Year-r￿nd offer. Page 11 Company Nuft*er 03920152 Charity Number.. 1082274 Ilwau Cornmunity Trust fovtht YearÉnded 31 Marth 2023 COV1Tr19 The Peric￿ wa5 one ofrecovery fiorn the adverse firwioal effects caused by theC0V1￿19 pandemiL While theJec￿3$eS in both business operatityts aswell as ￿ndra￿log tapabilityduringthe account period were Iwthan experienced during thesevere lockdowns in 2020. some incrwnestreams continued lobe affetted as 3ttryity intrea5ed in the p05t-COVID period. M05t maiorlundraisingevents 4%*re Ftyjstpwl unbl 2022. b￿[AartS a￿ in place infxease the nurnberof events in 2023124. Durin8the period of suspended operation5. theTrust Look advantaRe of the Coronavirvsjob Retent￿n Scheme from the LIX Govemment, to proteci as many ro￿ as posSit4e whitsithere was no in¢*yne wmifft8in. In addition, the decis¥)n wa5 tsken by the board ol trustees to cover ary5￿rtf￿l in the fudouRh 8rani Claim duftn8 thistitY*. Despiteths, with reducing restfittions placed on ouroperations limib"n8 ourabiltyto operate effetlNety, carefvl Monitori￿ of income an(1 expenditure has beeTh enacted io safeguard the Trustrs finanoal Position. As a lurtherreS￿$eto the panderrmc. thel)oard oftrus*es wewed l)usThiess plans t￿ether wth the Chiel ExecutNe, an have been a￿e to 3daptsomeof ouroperatiorts durin8this time. includifig the prtyistoAof meals forthildren many other initiatives. These not cffjly ensured thatt￿ Tnjstwas able to Cfmtirtue to ￿erate. and rnointsin staffin8 IwÈls. but at the same rime h35 enabled us to still fulfil some of our charitable aivns and objectives. Le*)kiThg fwtherforward, theTru5t i5more mnfidentwth lhe1utu￿pro￿ as theeffects ofthe COVID ￿dern recede. The results for the year to 31 Marth 2023 have been inPaLled to a Iv&5erextentthan in preyiotss years. wrf(h assistance of ihecost ¢￿trol measwes ifi place wtthin the Trust. Alon8With the future busine￿ plans. Ihe board are confident olthe long-terrn *aknlityof iheTrusL As suth the financial informatioft ha5 been p￿pared on a 80inK ￿¢eM ba515, a5 the tru5tee5 feel thi5 15 the nknjst appr0priatepresen1at•￿ of information based upon theii medium ènd lon8 terms plans and financial projections. Further commeDts on ac(ounts2022-23 Theba1an￿sheela$?r 31 Marth 2023 shm reserv& of£803,413 witheocrfl leveJ50tca5h at bank lo)mpared wrth £783,716 in 202V221. Totsi reseThe5 tnLTe35ed by £19.69712021122 inueased by £193.255 to £783.7161 wilh a £38.874 decrease in Restrictal ReseThfes12021-22 deuease byE14.4881. There wa5 an inuease in our Unre5tri£ted Reserves by £58,57112021-22 increaseE207.703to £684.9941. Totsl iTrccYnedecreasedfrom£l.367.197 to£l,189.28Slin 2021-22 decreasedto£L367.1971 and costs ol charitable activities Oetreased from £1.173.943 to £L169.5881in 2021-22 increased to £l.173,9431. The [ir￿torS continuoU￿Y Thiew the Trusfs income streams and expenditure toidentfy potential effi'ciency costsavin8S to rnitl83te a8ainst projects that woduce fin3noal defiots. Muth consideration has been wen to iestru(turin8 the Trust'5 activities in the li8ht of the CLTrrent ecorw)mic dmate. Pa8e J2 Company Number.. 03920152 Charity Number.. IOB2274 MIIP*all CtyMxmltyTrusi Aeport of the Directors and Trustees lorthe Year Ended 31 Marth 2023 Core Sgnrficani fundin8 SUPWt ¢Thmes throu8h Prerr*er Ley tharitable Ewli5h Fc4)tball Lea8uèTrusL The F4 iwo local authorities LB Lewi5hamand iB Southwart *tlthe l￿d0Th Mayorf5 Fund. TheTiust Is a150 grdteful for the g￿rOUS in-kind publicity l￿d kngi5tical support it re(eNe5 from Southv4ark Plews. The maiority ol expenditure is on stsff and vdunteers and theother fundsare tdmmitted to overheads from oCoJwm￿ otfKts notvn thbpremises. We are cgntinuously develoww ueatNe partneTrhtps its enabje pmjert5 to ewc4¥e. Maintrinin8 projects that delNer soaal oulputs but place a Strain on Trustfiftance5 ￿ a conbnuing thallEn8e. Forexaftwle. despite the superb work Df ihe Educati and Employability Team and the Disability OepartmenL %thith is CC￿$￿1ered aD essential element ol the Trust's plans goir forward. maryns areeXteptts￿alty￿hL Nevthheless. there is asooaloulpulvalueto this prgjett beyoTrJ the profitand105s reporL Core Costs- Full fosts Recovery Mod The Trust aims to ernploy a full cost rec(wery nK*Jel, offsettin8 Costs au055 projec￿ In re￿nI years. this has become Inueasing￿ difficult due to reduced fundin8 ané inueased wsts. There is a limit to the amount each funder will all￿ for management an¢overheod& As a 8ui(tdinewetryto rectyer 15%for mana8wnent ¢ostsplus a prtsport¢on ofoverhead& We are finding that in the caseof 50rne propcts they ￿n01 takethe full rNefheaJ which places pressure on the core. th¥eMn*ni perfrnn¢e In r￿Trt year5. Ihe Trust has lept its reserve5 a5 cash at bank. Hrmever. interest rdtes are monitored to ￿able trustees to take an inforn)ed view as to vthether thefrust could recetve a compeiitwe r•e of interest if werves were kept on deposit. This oprton is ￿rrent￿ ex￿ored in the l*htof in¢reased Inte￿$t fate& Reser¥espolicy Trustees aim to keep reseffts e9ual 10th￿e months. operating Èxpenses. whith bs cwrentty estimated to be ift the region of £255.000. In addition. new fundinB athieved in 202V20 hasbeen maintair*d in 2022123. induding Huski Chocolotevia MFC At 2023124 year*nd, it is expeited th3t theTnJst will be in surpyus and the reser¥e5 will be in a healthier position. Funds delklt Whilst project margins are t￿b¢ srffne projett5 have run in past Yea￿ in defKiL This year we have contsnued to ensure that all prOgr￿me5 are Nnrmng in li￿ ￿d￿ets and are re4iewed Mon￿ to rn*e anYadjustmer￿ that are needed. Pilnclpalfvndlng sources Funding 15 achieved for grassro)t5 sports d￿elOpment linked to communitycohesion, sLK*al indus1(￿. heath improvemen¢ edU￿tIon. engagement, empltyabilityartd partiopatmin in sport. TheTrusthèsa numberoffvndingpartner5 ineludingcentral nd local govemrrent as well 85 swts and kral tharities. gJth a5 the PreM￿r League Charitable Trust, The F& EFL TrusL housing aSS¢Kiation5. IrKal ajthwties and in-kind 5UPWt from MFC. Durin8 2020nL theTrust ￿¢eNed a substantial legacy from MFC, whith was invested during 2021122 afid ha5 helped to prcwhye welcome stabilty to its finances. Sorne funds are generated through the o¢gani5ation of in-s£hool and extrxuritulai Coachi￿ weekend and holKlay sp¢)rts dubs Coath education and o footbal dèvelopment programme. Page 13 Company Number.. 03920152 Charity Numbw. 1082274 Mthallcornrnunityyrust Rtportolthp Directots *dTrusttes lorthe Year Ended 31 March 2023 TRU5TEES' RESPONSIBILITIES The trustees (who are also ihe th￿ttor$ of the Trust for the purkhws ol cornpany lawl ￿ resp￿s1b1e for preparing the rinancial stzternents in accordance wih the Lknited ￿n@dOrn Accwntin8 Standards (United Kingdom General￿ Accepted Acco￿tIng Prattl￿Tr and applkable lawand regulatK¥r&. Company law requires the twstees tty prepa￿ finanoal statements for eath finantial year. Under Company law the trv5tees mu5tnot aPPr￿e thefinancial ststements unlessthey are ￿tISfied thattheygive a twe and fairviewof the stateofaffaiF5 of the charitable company and of its incoming restyjrtes and applicAtity) of resources. indvdirne its incbn* and expenditure, for that perv)d. In prepari￿theSe financial staiements. the trusTre5 are requir&J to:_ selertsuitsble accountsnRpolities and appty them cix)sIsrent￿, ob5er¥e the rnethods and prinoples in the CharitiesSORP,- make judgeTh*nrs and estirnates that are reasonableand kYudenL state whetherappli¢ablE UKAccountingStsndards havebeen fdltrwed. subiecl to any material departures disclosed and explained in the finanoal statements." and prepa￿ the finantial siaternents on the g￿n6 contem bass uft*ss it is wiapprtpriate to presume that the tharitsblecompanywll cortinue in buyness. The trustee5 are responsi￿e for keeping adequate acC￿nI1￿8 records thai are sufficient to show and explain the tharitable company's transauiorts and d￿lOse with reasonable accurary at any time financial p051tion of the charitable company and enable them to ensure that the financial ststements conwty with the Companies Ad 2(06. They are also responsible for safeEvardhg the assets olthe charita￿e cfynpany andhence fly 1aknng￿as￿3bre stepsforthe PTe4enticfi aThd deteciionof fra￿ and otherlrregularities. In $0 far as the trustees a￿ aware. there is no relevant audit informati¢m of which the charitable company's auditors are nawafe, and the trtssteesh￿ taken all steps that theycw8hi to have taken to makethemsehfes￿3￿tsf aAV relevant audit information and to eSt*1￿h thatthe auditry5 are ware ofthat inff¢xrrwtK>n. CONCLUSION The Trust is loo￿￿ forward to w(wking MFC 3nd LB L*Aisham to Sl4YPOrt the fc￿ the redevelopmeffl of the land held by MFC and theTrust. A Str￿ ￿lati￿ShiP with MFC remains and the Trusys cthmmitment to ddNer hieh quality seThices thai engage. enable and imprtye the livesof the peop* of Lthvisham, 5¢xJthwark and thewider'miuwall Communi continue5 todriye Staff. tru51ees and ¥c4unieers in their excellent seryKeto the or8ani5atFoTr. The Trnst laces the challewe ol taking C1*Y￿unrty en8a8errent io a new I￿e1 %*th Opiimism and posib*ity in j￿ht of MFC retainin£ Itsp1a￿ inthe Enelish Football ieagueO4mpicffjship. The￿1$ a t•eiblee¥citement ab)Lrtthe future-both on and off the field. Keith Soper a)airofTrustees Date.. 05112123 Page 14 Coryyany Number. 03920152 Charity Number.. 1082274 Mmlwall CommunltyTn15t I￿￿ndentA￿l%t0rfS Aeport to the Tn￿ ofMIvAM C(thmunityTwst Op￿11¥￿ We ￿veaUdItedther1n8ftCi31StaleMentso1m•1Iwa1ICornrn￿ltyTrus1 lthe'thatity'lf￿theytOrended 31 March 2023, which comprise the Ststement of Financial ktNtties. eal•nce SheeL 5totement of Cash FloKs and the ￿latell notes. includinB 3 summary of signrficant accountiNd pdKies. The finanoal rep)rbn8 IramLM¢xk ihat has been applied in their preparation 15 United Kin8dom Attwnting Standards. comprtsith8 Charitie$ 50RP- FRS 102 The ￿nancial Reporting Standard applicable In the UK and Republic of Ireland. and appli(abk law Iunited Kingdom GeneraltyAttepted Actcwntin8 Practice). In Ouropini￿ the finan0￿ statemenls.. 8i¥ea trueanLI fawviewof the5tateolthethari¢rfsaffairsas at31 Marth 2023 andof its resulr5 fortheyearthen ended,. have been Ncs)erfy prepared in accord￿Ce United Kingdw) GeneraNyAccepted Accwnting PractKe.' and have been prepared in accordance v*ith thE rffjuiren*nts oftheconwies Aa 2￿6. Ba￿S foroplnlon We conducted our audit in accordance th Intwnational StsrKSards ￿ Auditing IUKI IIW IUKII and applirable law. Our re5ponsibilitses under those stsrndards are further described in the Audi￿￿5 re5pon5ikn.liiies for ihe audir of the financlal staternents sertion of our report. We are independent of the charity in accwdance the ethical reouirements that are relevant to cwraudit ofthe financial staiements in the UK indvdin8 the FRCS Ethical Standard. andwe havefulfilled ouroth ethical reswnybilities IA aettrdante with V*se reouiremeAts. We bdithfe thèt the audit e￿dence we have obtained is svfficient and appropriate to prowde a basi5 forour opinion. Conduslons rela￿r￿ to going Con￿rn We have nothing to ￿pOrt in respect of the follwr£ mJttu5 to whith Ihe ISN6 IUKI require us to replrt to you where.. the trustees vse of the going Concern bays of IA the P￿parati￿ of the fin•)cial statements is not appropriate- OT the tfU51ee5 have not di5d05ed in the financial statements any Klentified matefial uncertainiies that mty tast si8nificant doubt about the tharivs a￿"lity to continue lo adopt the gtiine C￿Cern basis of aCc￿ntI￿ fcf a period of at lea￿ twelve months frorn the datewheft the financial staiements are authorised for issue. Other irtlorniallon The ttusiÈes are responsible for the other information. The other information cornpri5es the infrmatioTh induded in the annual reporL otherthan the fmancial 5taterrtnts and ow auditorf5 rem therelltse5 oltrustees As explained m¢)re in theTru5tee's re5ponsibilitie5 (set ¢Krt on page 141. thetrustee5 are re5pon5ible ft¥ the preparatK of the financial statements and for being satsfied that th￿ give a true and fair ￿ew. and for such internal control as the trusrees determine is necessary to enèble the p￿paration offinancwl 5tstements that are free from material mi5Statement whetherdve to fraud orerror. In preparing the financial siatements. the trustees are responsible for assessing the thanvs ability to continue a5 a going concern, disclosin& 35 aFplicable. rnatters related to 8oin8 concern and using the going Conc￿ basis of accounting uNless the iNstees either intendto fiqvidate Ihetharity or to ￿ast LweTrfi¢)ns, orlwe no ￿alist￿ *ternatNe but todo 5 Audltorfs responybllit*sfortheaudbt of the finantitil siatem*nts Our objectives are toobtain reascffiable assurance abtyjt whetherthefinancTal statements as a whole are frEe from material misstatement. whetherdueto frèvd orerror. and to auditorf5 reportthat inrlvde50uropinK•n. Reasonableassurance is a high ￿Ve1 of assurance. but is not a guarantee that an a￿lt conducted in accordan￿ with I￿S IUKI ￿11 always detett material missiatement when itexists. Misstatements can arise fr(wn fraud orerrorand are consKlered material rf. individual or in the a88ie8ate, they could rea5cffiabtyf be eApeded ￿ Influen￿ the economic decisions OF users taken on the basis ol these finantia15totements. A lunher éescriptth ol our fe5PM5ibilities for the audit of the financial statements 15 lttated on the Finanoal Reporting Counul's webstte atwww.frC.org.uVa￿IiWyesp0nsIblI1tres. Thsdescriptr)n fiyms part of ¢xJrawSits￿S reporL Extent towhKh the ￿di1 was ¢onsllered capable of de1￿kn8 1rre1ukrit￿. IncludIngfra￿l Irre8ularities. in￿l￿1r6 frzud. are Instan￿ of non￿Ort￿l￿3n(e wilh law5 and regulatKJns. We desi8n wocedures in linewith ou¥ responsibilities, outlined above and on the fin•nci•l Reptsthe Counofs website. tD detect material misstatements in respertol iffe8ularitie5. indudingfraud. We Obta￿ and update our undÈrstanEling of theentrty. its XtNities, itsCCN)troI enwronmeni. and like￿ future developments. induding in relati(￿ to the and regu￿tory frarnÈi¥oTk applKable and how the entity is comptyire with thai frèrnework. Based on ihis understandin& we identify and assess the risks of m*erial misststel7￿r of the fimanoal 5taternents, whether due to fraud w error, design and perform audit prrtsjures rwsNe lo ihose risks, and obtain au45it ev+dence that is sufficient and appropriate to prO￿e a basi5 our opinion. Thi5 inclLtde5 (c￿$*Jerat￿)n olthe risk ol acts by the entity that were contraryto applicable laws and re8ulaticffl% incluthn8 fraud. Pace 16 Company Number.. 03920152 Charity Nurnber.. ICQ2274 Mlhjall COmft￿nitYTn IndependentA￿lit0rfs ReporttothÈTrllsteesof Milh¥al CommunliyTrust In response to the risk ol irre8ularities and nth)5ethar8ed wlthgry4ernar￿< Asses9￿ ihe extent ofcomplono with the lawswd re8ulatioDs (￿ld￿ed to have a directrnaterial effect ￿ the financial statements orthe operatiffis ofthe entity throu8h enquiryand in5pection- Reviewtng finarKial statement dsdosures artd testifi6 to SVPPtylin8 I0￿Mentab￿ to aSse5s cwnpliance applicable laws and regulations.. Performin8auditwork overtheiisk of manaBtynentbia5 and override ofcontro15. indudinB te5tin8 of journal entrfe5 and otheradjustments forappropriateness evaluating the business latif￿lIe of significant tr•n5acbons outsKle the normal cwrse of business aThY ￿eWIng3(cOun¢ir£ estimates forindicators ol potential bias. Because of the inherent timitalionsof an a￿lt, there sa iiskthatwe not detect￿1 irregularitie5, induding those leadin8 to a mèterièl misstatement in the financkil ststements w non-complian￿ with regulition. This risk intreèses the more that ompliance with a tswor ￿ulatiON is removed the events ènd tsan53rtions reflerted in the finanaal statements. aswe will bele55 likelyto becorne3ware ofin5tance5 ofnonment Fixiure5 nd ffttkngs equiprnenl Total Costs At l April 2022 Additions Disposals A¢31 March 2023 Otprttiatio At l April 2022 Char8e forihe year Disposals At 31 Marth 2023 Net Book Va￿e At 31 March 2023 Al 31 Marth 2022 1.503.771 IS,Cfj6 4.460 44.647 30.494 26.045 21946 1,621,384 26034 L503.771 15.066 44.647 56,539 23,735 1,648.218 1.503,771 IS.￿6 37.422 28.580 20.948 1.610.247 2.677 592 3.673 l.X13.771 4.4E4J 40.CV39 28.984 21,540 1.613.920 27.S55 2,195 34,298 7.22S 1.914 1.998 11,137 I taffig1￿e fixed assets are ovmed bythe tharity￿d are used direcilyforcharitsble purposes. Millwall CrffnmunityTrLSt h35 a 25 year lease the London BNw8h of Lewisham toocojpy the cent￿ at pepperccrfn fwt. The lease exsmres on 19 N<)veftthr 2029. Pa8e 27 Company Number.. 03920152 tharity Number.. 1082274 MillwaN ComrnunityTntst Notestothe Fwianr•al Statenwtts forihe ￿￿eThjed 31 Marth2023 ii. DEBTORS 2023 2022 Grants and income receNable Other taxes and sooal security Prepayments and accrued inc 138.713 lii.541 20,535 56.137 138.713 188.212 12. INVESTMENTS 2023 Invesiments 221.809 229.813 221.809 229,813 CREDITORS (AMouNf5 FAWNG OUE WITHIN OP4E YEAR) 2022 Trade ueditors Other ta¥e5 and500al seC￿ty Acuuals and deferred income Deferred Grant (Ball Court Extensionl 4.804 12.622 122.426 4.837 12,897 91,901 139A52 109,635 P4e 28 Conwarhy NUrr￿er.. 03920152 Charity Number." 1082274 PAllwallCotriMiiiinity Tn￿1 forthe ¥ew ende¥ 31 M¥th 2023 14. CREDrroRS IAMOUNTS FALUNG DUÉ AFTERONE YEAR) 2023 Deferred grants DEFERREDG At l Aprll 2022 and at 31 Marth 2023 1482.929 At l April 2022 Amorrisation for theyear A5 at 31 Marth 2023 1.482.929 1.482,929 Net Book Value At 31 March 2023 Al 31 March 2022 Due within one year Due afteroneye¥ OPERATING LEASECOPMAITMENT5 The total ol fLrture minimum lease payrnerts is as f￿￿th￿.. 20 2022 Not larer than oneyear 6etween ￿03nd fNe years 19,COJ 3.279 le•se payments retoEn￿td as an expense P4e 29 Company Number 03920152 Charity Number: IC82274 MiThwallcomm￿nrtyTntst Notes lo the FNn¢ial 51atements fortheyear ended 31 March 2023 MOVEMENT IN FUND5 Transfers l April 31 Mar¢h 2023 In¢oml Funds Restricted furtds DNert Programme IMPSI Prertwer Lea8ue ￿d¢S Kinder Move & Learn Lewisham Youth SeN Prerryer Lea8ue Primary Stsrs Riverside 5outhwark Couficil Youth & Play Sovthwark Nei8hbourhood fvjnd Yovng Londoners Fund sU￿t0131 2,631 17.2101 .16.¢AI 26.108 22.848 19.850 10.813 2.C62 5.559 8..2?6 170.635 9.795 25,C 18.2261 1154,2661 I5.9C￿l 125.ly)01 11.2341 125,5951 11.4691 13,7501 1.397 116.4361 18,487 22.358 22.848 19.850 7.$73 2.C62 118.2911 59.848 21.602 12L6021 13.2401 49.B74 166.2431 1281.2371 17.4811 142.7691 98.722 285.132 Ball courtgraTht amortsatic Sutrriotal Restriaed fvnds 98.722 285.132 1281.2371 142.7691 59.848 General f￿d5 904,153 1888,3511 42.769 743,565 Toial restrkted and umestrktrd fvnds 783.716 L189.285 11,169.5881 803.413 1)6vert ProRramrne IMPSI.. DIVERT isa Metropolitan Police Service intervention programme aimed io ￿dutt reoffending. Premier League lfjcks". A sports adivity pro8ramrne fw 12 to 19 year dds in partnership with the Metropolitsn Police. The FA the Premier & Football Lea8ue. The bast5 is Inter￿Ne provtsion in a 8eoyaphical area highlighted as a Thot 5potr for vouth rrime. Kinder Move & Learn: EFL funded pwamme ￿thin local primary sdth. 6 he￿thY stht>ols pr¢ie¢L combing education workshops and ph￿tal activity. ithisham Youth Seryitt.. Anwal fundirsE aOKation lorspeofic youth Ktvi¢be5 based around indusioTh and educarion. ernier League Prirnarysiafs". Primarysth(#* coathiryd and eduotion programme. Rlrtrside- Rivef5ide 15 3 Y¢yJth centre in Deprford. that is being regeneTrted at 3 cost of £1.4 ml111￿. in part￿rshIp with MCT. ytrjth first, and Lewisham Council. Fundingfor the pmjert is from Fcotball foundati￿. SovthwwkCoun¢il Youth and Phy. Agrant from the LoThJon Borough ofsovthwark towardsthe Millwall pro8rarnme on the housingestates in 5outhwark 5outhwark Neighljwrhl￿d Fund.. The fund 15 a bxal councillors lund tosupport progfamrr*s in the $Wthwa￿ area onty. MCT use this fund to matth fund the KICK5 programme in the lotal a￿a Young Londoners Fund: The fund 15 GLAILondon Mayors Offi￿r. tosupport and ueate p05itwe artiwbes foryount people in the L￿d0￿ Borou8hs. m￿Ustthe furKling formatth fimdfor ￿(K53nd thiities afound ?ntisocial behawiour, crlme reduction. Thetotalbalan￿offS9.848oTr Restricied Funds istobecarr*dfrThfardinto2023124 tobespentw therespertive projects. The tra￿lef to unrestrided fund5 represents the AÈt am￿nts thar8ed io these projert5 and actiwbes in respect of rnana8emeni costs and for the use ol the tions Centre lacdiknes. coach ed{Kati￿ courses and other 8000$ and services provided by the th?rity. Paoe 30 Company Number.- 03920152 Charity Number.. 1082274 MMlwallComftwnltyTrnst Plotesfo the Financi31 St*ments lo11he￿Wthded 31 M¥¢hZlll3 17. ANALY515 OF NEfAS5￿5 BETWEEN FUNDS Total Fund5 funts fvnds Tangible h.xed assets Net current Iliabilit*sllassets 34.298 780.9rJJ 780.gC8 Netassets at 31 2023 815.207 815,207 CONTIIOLUNG PARTY The charity iscontrdled by the Truste*s Direttors of Milfvwall Ctynnwi*tyTnJsL RELATED PARTyTILAN￿£T1QNS There were rbo re4ait(I p¥tytran5aCtiorsduringthe Pa8e 31