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 De￿mber 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
IndO￿ndOnt 8xamln•r
E¢fv4ards
34 H￿h 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 finar￿la1 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 perfornia￿e
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 co￿r0d in more detail in the pages attached lo thi$, we aro p￿aSed lo ￿port a surplus for the
year. Th8 financdal position al yèar-end mel our expectations, placlng u$ in a lavourable position for the future.
Resemes poI￿Y
It is thè policy of the charity Ihat unrestricted funds wh￿h have not been dosignated for a specific use should bg
maintained at a level equivalèr7t to bts￿een three and six month's èxpenditure. The twslees ¢on$lder that reserves
at this level will ensure th81, in the evènt of a significant drop in funding, they will be able to eontinue the charty's
current activities while cpnsideratK*n is giv&n to way$ in wh￿h 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 fina￿la1 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•$ponsibilitits and ba¥is of report
As the Iruslees ol the charity land also its directors for Ihe PUTposes of company lawl. you are responslble ltsr the
pr8paralion of the finan￿al slalemènls in accordan￿ with the reqU1￿MentS of the Companies A¢1 2006.
Hawng s8tlsfied myself that Ihg 17nancAal statements of the chanty are not requlred lo be audlled under Part 16 of
the Companies Act 2006 and are eligible for independent examination, I report in respect gf my examination of the
charity's finanaal stslemenls carried out under section 145 of the Charities Act 2011. In ¢arrySng out my examinab'on
I have follcpwed the Directions g+ven by the Chaiity Commlssion under sedion 14515llbl of the Charllies Act 2011.
Inde￿ndent •xamlnerfs stst•ment
Since the charity's gross ino)me ex¢eeded £250,000, the indep$ndenl ex8mlner rnusl be a member of a body listed
in section 145 of the Charities Act 2011. 1 ￿l￿fim7 that l am qualffied lo undertaka the examinatlon because l am
mernber ofACCA, whlth is one ofthe Isleil tjodies.
I have completed my eXamInat￿n. 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 ac￿unt1Thg 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 finan￿al 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 fa￿l￿ale 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 o￿T 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 ded￿atiOn. 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 èxpènd1￿Ye
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,r￿3
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 aC￿vIlieS ind￿leS 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¢¢em￿r 2025.
The IN￿leeS 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 wh￿h 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 InfOrn￿tiOn
Walsall FC Foundallon is a private company limited by guarantee incorporated in England and Wale8. The
registered offic• is The p￿l&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 prir￿￿paI 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 disuel￿n 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 ￿0￿gnised al the time of the donalion.
Legacies are iecognised on re￿Ipl 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 acti￿ty. The costs of eackn a¢¢lvty are made up ol the totsl of direct costs and
shared ￿st$, including support costs invofved in undertaking each adivity. Direct costs attributable to a single
a¢tivity ar8 allocated directty to that activity. Shared ¢08ts which contribute to more than one acllvity and
support cos15 which are not attributable lo a single activity are apportM)ned be￿eefi those actlvilies on a basis
consistent with the use of resources. Central staff cosls are allocated on Ihe basis of time spent. and
depreciallon charge8 are allocated on the portion of the asset's use.
All expenditure is accounted for on th8 accrvals basis. In particular, the costs of charitable a¢tiviti&s
represents all ￿$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 re￿gnIsed so as to wrhe off the o)sl or valuation of assets les$ their residual valu&s 0￿r 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 ra￿ewS 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 ind￿allOn
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 eqUiva￿Thts
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 ￿ceiVab￿S and cash and bank balances, are inilially
rneasured at transaction price including tranSact￿n Costs and are subsaquenuy carried al amortised cost
using the effective interest method ur*less 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 c￿nStitUteS 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 re￿9￿15ed initially 81
Iransadion price and subsequently me88ured al amortised cost usiThJ the effective interèst method.
Dern¢0gni￿on 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 AdNitK*s 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 fa￿litIeS 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
DU￿￿9 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 be￿een
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 a￿1VitieS
$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
unreStr￿ted 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 tharIt￿S 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 De￿rnber 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..
Cu￿nI liabilTties
15,0
Movements in the year..
Deferred income al 1 January 2025
Resour￿5 defèrred in the year
15,000
Defgrred income al 31 Decembèr 2025
15,IXIO
16 Rètltsment ￿nefIt sehpmes
Deffn•d contributlon $c￿m•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 qual￿1ng 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 unexp￿ded 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
p￿viouS 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 signrf￿nI inlluence.
During the yèar thè charity purchased advertising space of £12,96012024'. £12,960) and pitch hire of £6,000
{2024'. £6,000).
14-