## |**Trustees**|Mr M Wiseman|| |---|---|---| ||Ms S Whitehouse|| ||Mr S Reed|| ||Mr **I** Dutton|| ||Ms C Gallagher|| ||Mrs J M Maher|(Appointed 6 July 2021)| |**Charity number**|1086631|| |**Company number**|04077355|| |**Registered office**|c/o BCFC|| ||St Andrews Stadium|| ||Birmingham|| ||West Midlands|| ||B9 4RL|| |**Auditor**|Jerroms Business Solutions Limited|| ||Lumaneri House|| ||Blythe Gate|| ||Blythe Valley Park|| ||Solihull|| ||West Midlands|| ||B90 8AH|| |**Bankers**|The Co−operative Bank|| ||Olympic House|| ||6 Olympic Court|| ||Mountford Street|| ||Manchester|| ||Salford|| ||M5 2QP|| |**Solicitors**|Muckle LLP|| ||Time Central|| ||32 Gallowgate|| ||Newcastle Upon Tyne|| ||NE1 4BF|| ## ||Page| |---|---| |Trustees report|1−4| |Statement of Trustees' responsibilities|5| |Independent auditors report|6 −8| |Statement of financial activities|9| |Balance sheet|10| |Statement of cash flows|11| |Notes to the financial statements|12 −24| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||**Total**|**Total**| |---|---|---|---| |||**2022**|**2021**| ||**Notes**||| |**Income and endowments from:**|||| |Donations and legacies|**2**|61,100|45,755| |Charitable activities|**3**|1,077,835|749,931| |Investments|**4**|5|18| |Other income|**5**|7,601|64,147| |**Total income**||1,146,541|859,851| |**Expenditure on:**|||| |Charitable activities|**6**|1,029,290|676,397| |**Net income for the year/**|||| |**Net movement in funds**||117,251|183,454| |Fund balances at 1 July 2021||325,722|142,269| |**Fund balances at 30 June 2022**||442,973|325,723| ## ## |||**2022**||**2021**|| |---|---|---|---|---|---| ||**Notes**||||| |**Fixed assets**|||||| |Tangible assets|**9**||3,210||1,898| |**Current assets**|||||| |Debtors|**10**|227,133||211,837|| |Cash at bank and in hand||406,228||301,791|| |||633,361||513,628|| |**Creditors: amounts falling due within**|||||| |**one year**|**11**|(193,598)||(189,803)|| |Net current assets|||439,763||323,825| |**Total assets less current liabilities**|||442,973||325,723| |**Income funds**|||||| |Unrestricted funds|||442,973||325,723| ||||442,973||325,723| ## ## ## |||**2022**|||**2021**|| |---|---|---|---|---|---|---| ||**Notes**|**£**|**£**|**£**||**£**| |**Cash flows from operating activities**||||||| |Cash generated from operations|**17**||146,430|||52,418| |**Investing activities**||||||| |Purchase of tangible fixed assets||(3,365)||||| |Investment income received||5||18||| |**Net cash (used in)/generated from**||||||| |**investing activities**|||(3,360)|||18| |**Financing activities**||||||| |Repayment of borrowings||(38,633)||||| |**Net cash used in financing activities**|||(38,633)|||| |**Net increase in cash and cash equivalents**|||104,437|||52,436| |Cash and cash equivalents at beginning of year|||301,791|||249,355| |**Cash and cash equivalents at end of year**|||406,228|||301,791| ## ## ## ## ## ## ## ## ## ## ## |Training equipment|50% on cost| |---|---| |Plant and machinery|50% on cost| |Fixtures, fittings & equipment|25% on reducing balance| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||**Unrestricted**|Unrestricted| |---|---|---| ||**funds**|funds| ||**2022**|2021| ||**£**|£| |Donations and gifts|26,100|10,755| |Football League Trust|35,000|35,000| ||61,100|45,755| |**Donations**||| |Other|16,349|2,755| |Raidos||7,500| |Pitch Hire||500| |CEO Sleepout|9,751|| ||26,100|10,755| |||**Ca**|||||||| |---|---|---|---|---|---|---|---|---|---| |**••−• **
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CA1 −40% , CA2−7 −10%| |Audit fees||7,250|7,250|−Governance|| |Independent examiner's fee||||5,506|Governance| |Bookkeeping and|||||Governance| |accountancy||7,579|7,579|8,803|| ||37,429|14,829|52,258|72,458|| |Analysed between|||||| |Charitable activities|40,479|11,779|52,258|72,458|| ## |The average monthly number of employees during th|e year was:|| |---|---|---| ||**2022**|**2021**| ||**Number**|**Number**| |Community officers|17|13| |Casual staff|25|13| |Total|42|26| |**Employment costs**|**2022**|**2021**| |Wages and salaries|625,035|426,482| |Social security costs|49,683|12,625| |Other pension costs|15,162|4,787| ||689,880|443,894| ## ## |is as|follows:|||| |---|---|---|---|---| ||||**2022**|**2021**| ||||**Number**|**Number**| |Band|−£60,000|−£70,000||1| |Band|−£70,001|−£80,000|1|| |**Tangible fixed assets**||||| |---|---|---|---|---| ||**Training**|**Plant and**|**Fixtures,**|**Total**| ||**equipment**|**machinery**|**fittings &**|| ||||**equipment**|| |||**E**|**E**|| |**Cost**||||| |At 1 July 2021|35,884|86,652|11,115|133,651| |Additions||3,365|−|3,365| |At 30 June 2022|35,884|90,017|11,115|137,016| |**Depreciation and impairment**||||| |At 1 July 2021|35,884|85,504|10,365|131,753| |Depreciation charged in the year||1,865|188|2,053| |At 30 June 2022|35,884|87,369|10,553|133,806| |**Carrying amount**||||| |At 30 June 2022||2,648|562|3,210| |At 30 June 2021||1,148|750|1,898| |**Debtors**||||| ||||**2022**|**2021**| |**Amounts falling due within one year:**||||**E**| |Trade debtors|||48,466|17,789| |Other debtors|||147,132|180,186| |Prepayments|||31,535|13,862| ||||227,133|211,837| ## ## ## |**Creditors: amounts falling due within one year**|||| |---|---|---|---| |||**2022**|**2021**| ||**Notes**||| |Borrowings||80,000|118,633| |Other taxation and social security||21,018|23,502| |Deferred income|**12**|56,418|10,735| |Trade creditors||23,866|32,733| |Other creditors||6,437|| |Accruals||5,859|4,200| |||193,598|189,803| |**Deferred income**|||| |||**2022**|**2021**| |Arising from Football Kit Deposits & Other|||| |Projects||56,418|10,735| |Deferred income is included in the financial statements as follows:.|||| |||**2022**|**2021**| |Deferred income is included within:|||| |Current **liabilities**||56,418|10,735| |Movements in the year:|||| |Deferred income at 1 July 2021||10,735 −−|21,794| |Resources deferred in the year||45,683|(11,059)| |Deferred income at 30 June 2022||56,418|10,735| ## ## ## ## ## ## |**Analysis of net assets between funds**||| |---|---|---| ||**Unrestricted**|Unrestricted| ||**2022**|2021| |Fund balances at 30 June 2022 are represented by:||| |Tangible assets|3,210|1,898| |Current assets/(liabilities)|439,763|323,825| ||442,973|325,723| ## ## ||**2022**|**2021**| |---|---|---| |Within one year|6,813|1,711| |Between two and five years|13,076|2,873| |In over five years||80| ||19,889|4,664| ## ## |||||**Purchase **|**of goods**| |---|---|---|---|---|---| |||||**2022**|**2021**| |Expenditure|on|charitable|activities|19,664|20,330| |||||19,664|20,330| |||**Amounts owed to related**|**Amounts owed to related**| |---|---|---|---| |||**parties**|| |||**2022**|**2021**| |Trade|creditors|12,960|13,383| |Other|related parties|80,000|118,633| |||92,960|132,016| ## |**17**|**Cash generated from operations**||**2022**|**2021**| |---|---|---|---|---| ||Surplus for the year||117,251|183,453| ||Adjustments for:|||| ||Investment income recognised in statement of financial activities||(5)|(18)| ||Depreciation and impairment of tangible fixed assets||2,052|5,905| ||Movements in working capital:|||| ||(Increase) in debtors||(15,296)|(174,490)| ||(Decrease)/increase in creditors||(3,255)|48,627| ||Increase/(decrease) in deferred income||45,683|(11,059)| ||**Cash generated from operations**||146,430|52,418| |**18**|**Analysis of changes in net funds**|||| |||**At 1 July 2021**|**Cash flows At **|**30 June 2022**| ||Cash at bank and in hand|301,791|104,437|406,228| ||Loans falling due within one year|(118,633)|38,633|(80,000)| |||183,158|143,070|326,228| ## ##