Company rogistration number 04077345 (England and Wales Charity reglstrntSon numb•r 1087147 (England and Wal•s WALSALL FC FOUNDATION ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
WALSALL FC FOUNDATION LEGAL AND ADMINISTRATIVE INFORMATION Trustts8 M5SJLang Mr J A Chambers MrA C Chambers MrA L Millard Mr R Judson Mr GAWhittaker Mr D Goodman Mr P Slurgess Mr G P&rry Mr M Kore¢zky Mrs P Gill (Appointed 10 Settlernber 20251 (Appointed 3 Dember 20251 S•¢r•tary MrA Davy County ol incorporation United Kingdom IEngLand and Walesl 04077345 Charity registratlon England and Wales 1087147 Registergd oifice The Pallel-Tra¢k Bescot Stadium 8eso)t Crescent Walsall Wesl Midlands WS14SA IndOndOnt 8xamln•r E¢fv4ards 34 Hh Slr8el Aldridge Walsall Wesl Mldlands WS9 8LZ Bankern Barclays Bank p Thé Bridga Walsall Wesl Mldlands WS1 1RN
WALSALL FC FOUNDATION CONTENTS Page Twstees. report Independent examinerfs report Slalernent of finarla1 actiwbès statement of ffinanci?I position Note5 to the financial 5talemenls 6-14
WALSALL FC FOUNDATION TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 31 DECEMBER 2025 The trustees present their annual report and financial slalements fDr the year ended 31 Decembèr 2025. The financial Statements have been prepared in accordan¢e wilh the %countiru policies sel out in note 1 lo the financial statements and compty with the charilys goveming document, the Companies Act 2006 and °Accounling and Reporting by Charities.. Slalement ol Recommend¢d Practice applicable to charities preparing their a¢¢ounts In accordance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland IFRS 1021° (as amended for a¢countsng periods wrnrn8ncing from 1 January 2016) Obiectivè •nd actlYitie8 The primary goal of the Walsall FC Foundation is lo promot• a heallhy Iwestyle and provide physical actNilies lo the C4Jmmunity we seNe. Vve continue to offer a diverse and Indusive rangè of actmlles suitablè for all ages and gendeis within out area. Public benefft The trustees have paid due regard lo guidance issued by the Charrty Cornmission in de¢iding what activities the Charity should undertake. Ach5ev¢ments and perforniae Slgnifjcanl act1vit$ and ach v6m&nts agwnst obJecllv8s Our dèdicated staff have maintained their outstanding efforts, as evhlenwl by the consistenty high attendance figures throughout the ye8r. This support from the o)rnmunity highllghts the positivt impact of our programmes. Finanelal revi•w WhSle this will be cor0d in more detail in the pages attached lo thi$, we aro paSed lo port a surplus for the year. Th8 financdal position al yèar-end mel our expectations, placlng u$ in a lavourable position for the future. Resemes poIY It is thè policy of the charity Ihat unrestricted funds whh have not been dosignated for a specific use should bg maintained at a level equivalèr7t to btseen three and six month's èxpenditure. The twslees ¢on$lder that reserves at this level will ensure th81, in the evènt of a significant drop in funding, they will be able to eontinue the charty's current activities while cpnsideratKn is giv&n to way$ in whh additional lunds may be raised. This level ol reseNes ha8 been maintained throughout the year. Maiorrisks The trustee5 havè assessed the major rf$ks to whlch the charity is exposed, and ar8 satisfied th81 systems are in plaea lo mitlgale exposure to the major risks. Stru¢ture, governanc• and management Thè Iruslees, who are also the diraclors for Ihe purpose of company law, and who seNed durfng the year and up lo the dale of slgnature of the finala1 slalemenls were.. MsSJLane Mr J A Chambers MrAC Chambers MrA L Millard Mr R Judson Mr GA Whittaker Mr W Hill Mr D Goodman Mr P Slurgess Mr G Perry Mr M Koretzky Mrs P Gill (Resigned 24 September 202S} {Appoinled 10 September 20251 (Appoint¥d 3 December 2025)
WALSALL FC FOUNDATION INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF WALSALL FC FOUNDATION l ieport to the Irusle•s on rny examlnation of the financial stalèmenls of Walsall FC Foundation (the charity) for the year ended 31 December 2025. R•$ponsibilitits and ba¥is of report As the Iruslees ol the charity land also its directors for Ihe PUTposes of company lawl. you are responslble ltsr the pr8paralion of the finanal slalemènls in accordan with the reqU1MentS of the Companies A¢1 2006. Hawng s8tlsfied myself that Ihg 17nancAal statements of the chanty are not requlred lo be audlled under Part 16 of the Companies Act 2006 and are eligible for independent examination, I report in respect gf my examination of the charity's finanaal stslemenls carried out under section 145 of the Charities Act 2011. In ¢arrySng out my examinab'on I have follcpwed the Directions g+ven by the Chaiity Commlssion under sedion 14515llbl of the Charllies Act 2011. Indendent •xamlnerfs stst•ment Since the charity's gross ino)me ex¢eeded £250,000, the indep$ndenl ex8mlner rnusl be a member of a body listed in section 145 of the Charities Act 2011. 1 lfim7 that l am qualffied lo undertaka the examinatlon because l am mernber ofACCA, whlth is one ofthe Isleil tjodies. I have completed my eXamInatn. I confirm that no matters have me to my attenllon in ¢onnection with the xamination giving me cause lo believe that in any material respèct.. accounting rectrds werè not kept In respéct of the tharity as wuired by section 386 of the Companles Act the financial statèments not acLord with those records., or the finanual statements do not compty with the acunt1Thg requirements of section 396 of the Companies Act 20[ other than any requirement that the financial slatèmenls give a true and fair vw, which is not a matter considered as part of an independent examination,. or the finanal statements have nol been prepared in a¢cordanc* with Ihg methods and principles of the Statement of Recommended Practice lor accounting and reporting by Charities applicable lo charitie5 preparing their financial slalernents in accordance with the Financial Reporting Standard applicable in the UK and Republi¢ of Ireland IFRS 1021. I have no (x)ncems and have come across no other matters In conn?10n with the examlnafjon to which attention should be drawn in 3 report in order lo enable a proper understanding of the financial slalemenlslo be reached. Edwan15 34 High Street Aldridge Walsall Wesl Midlands WS9 8LZ 11 March 202S
WALSALL FC FOUNDATION TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORTI (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 ReGruilment and appointmènt of twslees New Iruslees undergo an orienlatlon pro(xss to brief them on Ihelr legal obligations under charty and company law, the content of the Memorandum and Artic18s of Associalion, the cornrnittee and decision making processes, the business plan and recent flnancial performance of the charity. During the inductson process they meet key employees and other Iruslees. Trustees artr encouraged to attend appiop¥iaiè èxtarnal training events where these will falale the undertaking of their 1018. None of the trustees have any benefirial interest in the company. All of the Iruslees are members of the L¥Jmpany and guarantee lo contribute £1 In the event of a winding up. We have continued to cast a crilical and strategic eye oT our slru¢tur$, govemance and management and have invited observers lo our virtual Board of Trustee Meeting. Olh8rm8tt81S We have appoint8d fv40 new Twslees to the Board during 2025. Marc Korelzky joins the Board of Trustees as part of his role with the Club ownership group. Trivela. Also joining Ihe Board is Cllr Poonam Gill who will add valuable Insèhl to the Foundalh)n thank$ to her role and experience as a Counallor for Walsall Councll. I would like to extend my heartr8h thanks to every member of th$ Foundafjon 818ff and my fell Trustees for their hard work and dedatiOn. Addhbnally. a massive thank you lo all our partners for their continued support. The Iruslees. report was approved by the Board of Trustaas. Mr GAWhittaker Chalmian - Board of Trust8e¥ 11 March 2026
WALSALL FC FOUNDATION STATEMENT OF FINANCIALACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2025 Unrestricted Rèstrl¢led lunds funds 2025 2025 Total Unrestricted Restricted funds funds 2024 2024 Total 202S 2024 Notss Incom• from: Donations and legacies Charitable actiwlies Inveslmtsnls 209.361 539,431 115,C 324,361 539,431 191.736 534,327 804 105.oc 298,736 534,327 Total incomè 752,240 115,CthI 867,240 726.867 105,OCM) 831,867 Expenditure on: Charitable xtivilies 694,120 115.OCrf) 809,120 661,804 105,0 766,804 Totsl èxpènd1Ye 694,120 115,000 809,120 861,804 105,0 766,804 N•t incomo and mov•m•nt In funds 58,120 58,120 65,083 65,r3 Reconciliation of fund5: Fund balanc•$ 911 Jonuary 510,988 510,988 445,925 445,925 Fund balances at 31 D8c•mb•r 569,108 569.108 510,988 510.988 The statement of financlal aCvIlieS indleS all galns and losses recognisad in the year. All income and expeThJitur8 derive Irom o)n*'nuing activit$.
WALSALL FC FOUNDATION STATEMENT OF FINANCIAL POSITION ASAT31 DECEMBER 2025 2026 2024 Noteg Fixed ass¢ts Property, plant and equipment 12 8,551 15.326 Currènt assets Trade and other r8ceivables Cash at bank and in hand 13 52,115 542,2e6 54,118 462,549 594,381 (33,8241 Cuff¢nt Ilabilid•8 516,667 (21,0051 14 Ntrt currènt •y4ets 560,557 495,662 Total a¥s•ts l•$$ ¢urrent lknblllties 569,108 510,988 Th• funds ofthe Charity Unrestrkted funds 18 569.108 510,988 569,108 510,988 The CA)mp8ny Is enlided lo the exemption from the audit requirement ntained in section 477 of the Companies Act 20C6, for the year ended 310¢¢emr 2025. The INleeS acknowledge their responsibilrt*s for 8nsuring th81 the chadty keeps acryjunling record$ which cornpty with section 386 of Ihe Act and for preparing finanaal sialèmenls which give a true and fair view of the slate of aff8iis of the company as al the •nd of the financial year and of ils incoming resources and application of resour$ including its income and expendf(ure. for the finanrial year in accordance wtih the requirements of sections 394 and 395 and whh othèrwtse compty with the requirements ol the Ctsmpanie$ Acl 20( relating to financial statements. so far as applicable lo the company. The members have not required the c4Jmpany lo obtain an audit of ils finanaal Stalernents for th8 year in question in accordance with secuon 476. These financial slalements have b8en prepared in aCcOrdar with the provision5 appli¢able lo Companies subjed lo the small companie5 regime. The financaal slalemenls were approvad by the trustees on 11 March 2026 Mr G A Whittaker Chairman- Board of Tru8lees
WALSALL FC FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 Accountlng pollcles Ch•rfty InfOrntiOn Walsall FC Foundallon is a private company limited by guarantee incorporated in England and Wale8. The registered offic• is The pl&l-TraCk Bescol. Stadium Bes¢ol Crescent, Walsall, West Midlands, WS14SA. 1.1 Basls of preporation The accLsunts havè bèen prepared in ae<x•rdance Wlth the charty's goveming document, the Companies Act 2006 and 'Ac¢ounting and Reporting by Charities.. Statemènt of Recommended Practice applicAble lo charities preparing their accounts in 8ccordancE wrth the Financk71 Reporting Standard applicable in the UK and Republlc of Ireland IFRS 1021. {as amend8d for accounting periods commencing from 1 January 20161. The charty is a Publi¢ Benefrt Enlty as defined by FRS 102. The charty has taken advantage of the provisions in ihè SORP for charities apptying FRS 102 Updalo Bulletin 1 not lo prepare a Statemtrnl ol Cash Flows. The financial slalements are prepared in Slerting, which is the lunctional Curren of the charity. Monetary amounts in Ihe8e financial slalèmènts are rounded to the nearest £. The financial statements have been preparèd Under the historical cost ts)nventk)n. The prirpaI aco)unlirrfJ poliaes adopted arg sel out below. 12 Golng eoneem Al the lime ol approving the finanual statements. the trustees have a reasonable expedation Ihal th& charity has adequate resources lo contlnue in operational existence lor the foreseeable future. Thus the trustees continue lo adopt the going concern basis of arcounling in preparing the finanaal stslèmènl5. 1.3 ChaTitable funds Unrestricted fuThJs are av8iLqble for use at the disueln of the Iruslees in furtherancè of their ¢haritable objectives. Restricted funds are sublecl lo specific condttions by donors or grantors as to how they may be used. Th purposes and uses of the restrictsd funds are sel out in the notes lo the ffinan¢lal statements. Endowment funds are subject lo specific tsjndilions by donors that the capital musl be maintainad by the charity. 1.4 Incom• Income is recognlsed when the charity is legalty entitlèd lo il after any performance condtrtions have been mel, the amounts can be measurèd reliably, and it is probable that income will be received. Cash donathons are recognised on receipt. Oiher donations are recognised once the Charity has been notified of the donation, unless perforniance ¢ondilions require deferral ol thè amount. Income tax recoverable in relation lo donallon5 received under GiftAid or deeds of ¢ovenanl 18 0gnised al the time of the donalion. Legacies are iecognised on reIpl or otherwise if the Charity has been notified of an impending dislribulion, the arTh)unl Is known, and receipt is expected. If the amount is not known, the legacy is Irealed as contingent asset.
WALSALL FC FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Accounting policies IContinu•dl l.S Expenditu Expenditure is recognised once there Is a legal or constructive obligation lo Iransfer economic benefit to a third party. fi iy probable that a transfar of ecorbQmiC bonefrts wiu be required in seufemenl, and the amount of the obligation can be measured reliabty. Expenditure is classified by actity. The costs of eackn a¢¢lvty are made up ol the totsl of direct costs and shared st$, including support costs invofved in undertaking each adivity. Direct costs attributable to a single a¢tivity ar8 allocated directty to that activity. Shared ¢08ts which contribute to more than one acllvity and support cos15 which are not attributable lo a single activity are apportM)ned beeefi those actlvilies on a basis consistent with the use of resources. Central staff cosls are allocated on Ihe basis of time spent. and depreciallon charge8 are allocated on the portion of the asset's use. All expenditure is accounted for on th8 accrvals basis. In particular, the costs of charitable a¢tiviti&s represents all $ts of the ¢harty less those apportioned lo governan costs. 1.6 Prop•rty. plant and equlpm•nt Propety. plant and equipment are inilialty measured at st and subsequenlty measured at c(Jst or valuation, nel of deprecAation and any impaimenl losses. Depreaation is regnIsed so as to wrhe off the o)sl or valuation of assets les$ their residual valu&s 0r their useful lives on the following bases.. Flxture$, fittlngs & equipment 3 ye818 straight line The gain or loss arislng on the disposal of an asset 1$ delem)Ined as the dtfferen¢e between the salg proceeds and the carrying value of the asset, and is recognis¢d in the slalemenl of financial acliwti8s. 1.7 Impalrment of non-currert assèts Al each reporting end date, the charity raewS the carrying amounts of ils tsngible assets lo determine whethèr there is any indication that those assets have suffered an impaimitsnl loss. 11 any such indallOn exists. the recoverable amount of the asset is èstimated In order lo del•mine the extent of th6 irnpaimient loss lif any). IA Cash and ca$h eqUivaThts Cash and cash equivalents include cash In hand, deposits held al call wllh banks, other short-lerm liquid inveslrnents with origin81 maturities of three months or less, and bank overdiafts. Bank overdrafts ar8 shown within borrowings in ¢urrenl liabllilies. 1.9 Financlal Instrumènts The charity has elecied lo apply the provisions of Sèction 11 'Basic Financial Inslrumenls, and Section 12 'Olher Finawal Instruments 18sues' of FRS 102 to all of ts financial instruments. Financial instruments are recognised in the charlty's balant2 sheet when the charity becorn&s party lo ihe c(Jntractual provisions of the instrurnent. Financial assets and liabilities are offset, with the nel arnounts presented in the financial stslements, when there is a legally tnforcoable right to sel off the recogn15ed amounts and there is an intention lo settle on a nel basis or lo realise the assÈl and settle the Ilability simuttaneously.
WALSALL FC FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Accounting polici•s (Continued) Baslc financial ass•ts Basic ffinancial assets, which includ8 trade and olher ceiVabS and cash and bank balances, are inilially rneasured at transaction price including tranSactn Costs and are subsaquenuy carried al amortised cost using the effective interest method urless the arrangement conslitules 8 financing transaction, where the Iransactlon Is measured 81 the present value of the lulure re¢eipls dis¢ounled at a rnorket rale of interest. Financial assets classffied as recewable wilhln one year are not amortised. Basie flnan¢lal Ilabllltles Basic financial liabilities, induding trade and olh9T payables and bank loans are initially recLJgnised al transadion prke unless the arrangernenl cnStitUteS a financing transaction, where the debt inslrumenl is measured al the present value of the future payrnenls discounted al a market rate of interest. Financial 119bililies dassified as payable wthin on• year ale not amortisod. Debt instruments are subsequ8nlty Carr al amortiS8d cost. using the effective Inlewst rale method. Trade payables are obligatton8 to pay for goods or services that havé been ac4Juired in ihe ordinary course of operations from supplie15. ArThJunls payable are dassified as ¢uThenl liabilities If payment is due wf(hin one year or less. If not, they are presented as non•current liabililie5. Trade payables are re915ed initially 81 Iransadion price and subsequently me88ured al amortised cost usiThJ the effective interèst method. Dern¢0gnion of Ilnanelal Ilabllleles Financial liabllilies are derecognised when thè chartty's contractual obligations expire or are discharged or cancelled. 1.10 Employee benefits The cost of any unused hollday entfdamenl is reryJgnis8d in the period in whith the empbyee's semces are received. T8rn1inalion beneffts are recognised immediatèty as an expens8 whèn the tharity is demonstrabty ¢ommitted lo lerminale the employment of an employe8 or lo provmle terminalkjn benefits. 1.11 Retiremènt benefits Payments to defined tribUtIOn retirement benefit schemes are charged as an expense as they lall du8. 1.12 Fund structur• The tharity has a restricted Incorne fund to atxx)unl for situations where a donor requires that funding musl b8 spent on a particular programme or purp03e. All other funds are unrestricted incornè funds. 1.13 Donated •eryices The charlty doe5 not includè donated services 8nd facilities in the St8lèmenl of FinancAal AdNitKs as the charity is unable lo reasonably quanlfy or measure the value of these semces. See note 13 for explanation of the type of services and falitIeS donated. Crltlcal accounting •stimatss and judgemonts In the application ol the charity's accounting policies, Ihe Iruslees are required to makè judgements, eslimale5 and 8ssumplions about the carrying amount of ass81s and Irabilities that Bre not readi apparent from other sources. The estimates and assouated assumptions are based on historical experience and other factors that are consideied lo b8 relevant. Actual results may drffer from thestr esllmales. The estlmates and underlylng assumptions are revièwed on an ongoing basis. Revisions lo accounting estimatès ore recognised in Ihe period in vthich the e51imale is revised where the revision affeots only that perSod. or in Ihe period of thè revision and future periods whèrè the re$lon affects both current and future periods.
WALSALL FC FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Incom• from donallons and legaete8 Unr•strict•d Rostrl¢ted lunds fund8 2025 2025 Totsl UnrÈstrtct•d Restrl¢ted funds funds 2024 2024 Total 202S 2024 Donations anil glfts Grants 83,010 126,351 115,C4JJ 198,010 126,351 73,335 118,401 105,LXJO 178,335 118,401 209,361 115,000 324,361 191,736 105,C4] 296,736 Donatlon¥ and glft8 Football L¢ague funding Piernier League tharrtable ft&nd 83,010 83,010 73,335 73,335 115,OCh) 115,000 105,000 105,000 83,010 115,OC(I 198,010 73,335 105,000 178,335 Grdnts National Lottery Community Fund Communlty Fund- Mbllh Hours SlreetGame5 UK Sported Foundation 99,151 99,151 118,401 118,401 14,200 12,000 1,000 14,200 12,000 1,000 126,351 126,351 118,401 116,401 DU9 2025, the Communrty Programme recèived fundlng of £115,000 from the Premier League ¢haritsble fund which il used to run a wide variety of proyrammes and inilialives lo strengthen the nneCtiOn beeen the club, their fans and the local community. In addition, the Community Prograrnme continues lo receive solidarity payments from the Football Leagu8 $0 long as the programme is in operalion. This in¢ome is, however, not guaranteed. Income from charltsble aetiviti•s Unrest¢* Unrestrl¢ted funds funds 202$ 2024 Footballing act[•S wtthln thg tommunlty Sales wllhin chahlable a1VitieS $39,431 534,327
WALSALL FC FOUNDATION NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Incomo from Invo$tyn¥nts Unrestricted Unrestrl¢tsd fund$ funds 2025 21124 Interest recefvable 3,448 804 Expendithre on eharltsble acti¥iti•s 2025 2024 Dlrect costg Staff costs Footb811 kil, soccer schoc4s, pitch hire and aquipmonl Motor expenses Youth engagemont programme 854,464 54,852 1,925 S1,141 635,154 72,197 6,156 762,382 713,507 Share of 8UPPOrt and gov•rnan¢o costs (S nots n Supporf Governanca 10,064 36,674 7,988 45.309 809,120 766,804 Analysis by fund unreStrted funds Restricted funds 694,120 115,000 661,804 105,OC4J 809,120 766,804 Support co*ts allocated to actlvltTres Unrestricted funds 2025 Total 2024 Depre(xalion Rent Governance 7,264 2,800 36,674 5.188 2.800 45,309 46,738 53,297 10-
WALSALL FC FOUNDATION NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Support eo¥ts allocated to •ctlvitl•8 Icontlnuedl Governanee costs ¢omprl$e', 2025 2024 AccounlanG Legal and professional Advertising, piint, posl and stationéry Telephone and insurance Repalrs and maintenance Bank charges 35 year anniversary costs Recruitment Other expgnses 2,280 1,440 20,558 4,084 286 235 1,974 16,708 3,907 395 5,979 5,040 9,702 7,791 36,674 45,309 N•t movem•nt In fund$ 2025 2024 The nel movement in fvnds is Staled after chafgingl(credilingl'. Fe8s payable to the tharItS indopendenl examiner.. for the independÈnl examination of the tharity's financial stalement$ - fr>r other assurance servicEs DeprÈciatKJn of owned propety, plant an(J equipment Trustees 1,890 390 7.264 174 5,188 None of the Iruslees lor any persons connected with them) recèived any remuneration or expenses during the year. 10 Employees The average monlhly number of employdes during the year was.. 2025 Number 2024 Numbor 28 29 Employment costs 202S 2024 Wages and salaries Soci81 security costs Other pension co$1 602,338 42,242 9,884 588,070 37,051 10,033 654,464 635,154 There were no employees whose annual r9muneralN)n w8s more than £60,000.
WALSALL FC FOUNDATION NOTES TO THE FINANCIAL STATEMENTS {CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2025 11 Taxatlon Th• charity is exempl from laxalion c>n Ils aclwilies because al its Sncome18 applied lor tharitable purposes. 12 Proporty, plant and oqulpment Flxtur88. ttlhgs & •qulprn•nt Cost Al 1 January 2025 AdditK)ns 34,218 489 Al 31 Dernber 2025 34,707 Dep¥eeiat•on and Impairment At 1 January 2025 Depreriali)n charged in tha year 18,892 7,264 Al 31 D8cember 2025 26,156 Carying amount Al 31 December 2025 8,551 Al 31 Dgcembef 2024 15,326 13 Trade other recehvabl 2025 2024 Amounts falling due within on• y¥¥*'. Trade receivables Other receivables Prepayrnents and accrued ino)me 348 1,272 50,495 754 53,364 52,115 54,118 14 Current114blllt59$ 2025 2024 Other taxation and swal 8ecurty Deferred iThcom8 Other payables Accruals 13,781 15,000 1,079 10,930 15 10,075 33,824 21,005 12-
WALSALL FC FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 15 Dèferred incom• 2025 2024 Arising from Deferred in(y)me- Football Leagug funding 15,000 Deferred Incomè is induded in th¢ finandal statements as follows.. 2025 2024 Def¢rred income is Included within.. CunI liabilTties 15,0 Movements in the year.. Deferred income al 1 January 2025 Resour5 defèrred in the year 15,000 Defgrred income al 31 Decembèr 2025 15,IXIO 16 Rètltsment nefIt sehpmes Deffn•d contributlon $cm•S 2025 2024 Charge lo profil or loss in spe of defjngd conlrfbulv)n schemes 9.884 10,033 The Charity operates a defined conlribuNon pension scheme for all qual1ng employees. The assets of the scheme are held separately from Ihostr of the Charity in an independentty administered fund. 17 Restrl¢led fund¥ The reslricted funds of the charity compr05e the unexpended baiances of donalbns and grants héld on trust subject lo specffic nditionS by donors as to how they may be used. At l January 2026 Incomlng R¢sourcè* rosourc•s exwnded At31 December 2025 Restricted fvnds 115.th)0 {115,0001 Prnvlous year: At 1 January 2024 Incomlng resourtes RÈ50urc•s expended At31 Decembèr 2024 Restricted funds 105,000 1105.QKJOI 13
WALSALL FC FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 18 Unrestrfcted fund8 The unreslricled funds of th& charity o)mprise the unexpded balances of don811ons and grants which are not subject lo specific conditions by donors and grantors as lo how they may be used. These include deslgnated funds which have been set aside out of unreslricted funds by the Iruslees for sp8afic purposes. At l January 2026 Incomlng resources Resour¢96 expènded At31 Docfrmbor 202S General funds 510,988 752,240 (694,1201 569,108 pviouS year". At l January 2024 Incomlng resources Resource exp•nded At31 Decomber 2024 General funds 445.925 726.867 1661,8041 510,988 19 Relat•d party transactFons Transactlon$ with YElat•d partl&s During the year the charity entered into the folkjwing transadions WTth related parties= The trustees consider Ihal The Walsall Football Club MIted I'lhe football club,) Is a related party of the charty by the virtue of ils signrfnI inlluence. During the yèar thè charity purchased advertising space of £12,96012024'. £12,960) and pitch hire of £6,000 {2024'. £6,000). 14-