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2022-12-31-accounts

Page
Chairman's Report 2022
Report ofthe Trustees 2to 6
Report ofthe Independent Auditors 7 to 9
Consolidated Statement of Financial Activities 10
Balance Sheet
Consolidated Balance Sheet 12
Consolidated Statement ofCashflows
Notes to the Financial Statements 14to 27

for the year end ed 31 Decem ber 2022
2022 2021
Unrestricted Restricted Total Total
funds funds funds funds
Notes 6 6 6
INCOIIE
Donations
and Legacies		 2 898,229 185,953 1,084,182 713,353
Charitable
activities		 3 2,590,084 1,901,532 4,491,616 3,532,853
Other income 4 117,604 - 117,604 344,099
Total 3,605,917 2,087,485 5,693,402 4,590,305
EXPENDITURE
Raising funds 5 567,286 567,286 279,706
Charitable
activities		 6 2,485,710 1,200,649 3,686,359 3,290,764
Other expenditure 7 978,567 978,567 705,812
Total expenses 3,464,277 1,767,935 5,232,212 4,276,282
NET INCOME before transfers and 141,640 319,550 461,190 314,023
taxation
Taxatlon (6,048) (6,048) (33,547)
Transfers
between		 funds 313.550 ~370,550
NET MOVEMENT OF FUNDS 455,142 455,142 280,476
RECONCILIATION OF FUNDS:
Total funds brought forward 20711701 2,070,701 1,790,225
TOTAL FURDF DARI1130 FORWARD 27 2 525,353 2,525,843 2,070,701

At 31 De cember 2022
2022 2021
Nates 6 E E
FIXEDASSETS
Tangible assets 13 92,640 129,400
Investments 14 1
intangible
assets
92,641 129,401
CURRENT ASSETS
Stocks
Debtors 15 884,939 257,246
Cash at bank and in hand 2,259,449 2,449,288
3,144,388 2,706,534
CREDITORS
Amounts
falling due within one year		 16 (1,341,938) (1,483,375)
NET CURRENT ASSETS 1,802,450 1,223,159
TOTAL ASSETS LESSCURRENT 1,895,091 1,352,560
LIABILITIES
FUNDS
Unrestricted
funds		 18 1,769,091 1,226,559
Designated
funds		 18 126,000 126,000
Restricted
funds		 18
TOTAL FUNDS 1,999.991 1 999999

forthe y ea r ended 31 Decembe r 2022
2022 2021
2
Net movement
in funds for the reporting		 period 455,142 280,476
Depreciation
charges		 353„264 273,576
Decrease/(Increase)
in stocks		 44,477 (44,583)
Decreasel(increase)
in debtors		 (341,684) 374,716
Increase
in creditors		 (473,370) 758,990
Net cash flow from operating activittes 37,829 1,643,1?5
Cash flow from investing
activities
Payments
to acquire tangible
fixed assets		 (203,463) (1,038,258)
Receipts from disposal
oftangible
fixed assets		 6,385
Net cash flow from investing
activities		 (203,463) (1,031,873)
Net increase
In cash and cash equivalents		 (165,834) 611,302
Cash and cash equivalents
at beginning		 ofperiod 2,822,118 2,210,816
Cash and cash equivalents
at end of period		 2,656,484 2,822,118

INCOME FROM DONATIONS
Total Total
GROUP Unrestricted Restricted 2022 2021
9 5 5 2
Donations {CSF) 185,953 185,953 133,517
Donations {The Nest)
Other donations and income {CSF) 14,000
Other donations and income {TheNest) 898229 898229 565836
898229 185,953 1,084,182 713,353

INCOME F ROM CH ARITABLE ACTIVITIES
Total Total
GROUP Unrestricted Restricted 2022 2021
6 6 6
School and soccer activities 1,458,844 383,226 1,642.070 2,352,479
Community related activities 526,765 385,747 912,512 352,390
Disability related activities
Social engagement activities 510,715 510,715 559,238
Education related activities 508,668 508,668
Hire income 95,807 95,807 85,830
Fundraising events 621,844 621 844 182916
2,590,084 1,901,532 4,491,616 3532,853
4. OTHER INCOME
Total Total
GROUP Unrestricted Restricted 2022 2021
f 6 6 6
Kit income (The Nest) 78,194 78,194 201,423
Rental income (The Nest) 6,300 6,300 6,000
Government Support 33,110 33,110 136,675
117,604 117,604 344,098
5. TOTAL EXPENDITURE
Total Total
GROUP Direct Activities Support 2022 2021
6 6 6
Cost ofraising funds 452,286 115,000 567,286 279,706
Charitable
Activities		 (note 6) 1,370,821 2,315,538 3,686,359 3,290,765
Other expenditure 180,820 797,747 978567 705812
2,003,927 3,228,285 5,232,212 4,276,283

ANALYSIS OF CHARITABLE ANALYSIS OF CHARITABLE EXPENDITURE
Total Total
GROUP Project Costs Support Costs 2022 2021
6 6
Soccer and school activities 558,602 51,138 609,740 618,958
Community
related		 activities 351,590 59,139 410,729 396,464
Social engagement activities 311,104 150,000 461,104 421,942
Education
relation		 activities 80,647 80,647
Hire related activities 22,813 22,813 32,003
Project funding,
bursaries
and
donations 5,000
Other running
costs		 46,065 2,055,261 2,101,326 1,816,398
1,370,821 2,315,538 3686 359 3290,765

GROUP Total Total
Unrestricted Restricted 2022 2021
E 6 f
Other running costs (The Nest) 978,567 978,567 705,812
978,567 978,567 705,812
NET INCOMINGI(OUTGOING) RESOURCES
Net resources are stated after charging: 2022
f		 2021
Auditors'
remuneration		 12,289 5,775
Depreciation —owned assets 353,331 274,047
Amortisation
Operating
lease rentals		 Rent ofland and buildings 18,000 18,000
Hire of motor vehicles

STAFF COSTS
GRDUP
2022 2021
Staff costs were as follows: 2
Wages and salaries 2,634,252 2,247,776
Social security costs 231,726 200,087
Pension costs 62,089 54,497
Other employment costs 121,169 32957
3,049,237 2~535317
was: , ,
y
2022 2021
Trustees 9 g
Permanent staff 81 82
Part-time coaching staff 24 49
TAXATION
2022 2022 2021 2021
Group Charity Group Charity
F E
Corporation tax charge for the year 48 7,524
Movement on deferred tax 6,000 26,023
6048 33,547

ANGIBLE FIXED ASSETS
CHARITY I easehold Fixtures,
property Pitch fitting
&		 Vyebsite
improvements refurbishment
8		 equipmentf Development
6		 Total
6
COST
At 1 Jan 2022 338,837 55,959 251,021 29,336 675,153
Additions 14,342 14,342
Disposals
At 31 Dec 2022 338,837 55,959 265,363 29336 689495
DEPRECIATION
At 1 Jan 2022 259,106 30,523 230,500 25,623 545,752
Disposals
Charge for year 31 517 5677 10,196 3713 51 103
At 31 Dec 2022 290 623 36,200 240 696 29336 596855
NET BOOK
VALUE
At 31 Dec 2022 48,214 19759 24 667 92460
At 31 Dec 2021 79731 25436 20 521 3713 129401

DEBTORS:AMOU NT S
 FALLING DUE WITHIN ONE YEAR
2022
CHARITY 6
Trade debtors 341,462 222,403
Accrued
income		 223,971 1,241
Amounts
owed by group
Other debtors		 undertakings 272,788
~46 718		 33,602
884,939 257,246
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021
CHARITY 6
Trade creditors 103,310 73,536
Taxation
and social		 security 52,576 53,649
Payments
received		 in advance of projects 5,394 11,150
Amounts
owed by group undertakings		 3,461
Accruals and deferred income (see below) 1,180658 1 341 579
1,341,938 1,483,375

Unrestricted
8		 Restrictedf Total
6
Balance as at 1 January 2022 532,737 354,222 886,959
Less; release ofamounts
deferred
in prior penods		 (532,737) (354,222) (886,959)
Add: amounts deferred to future
pediods		 ~392 QQQ 296523 688,523
Balance as at 31 December 2Q22 392,000 296,523 688,523
These amounts are included in the accruals and deferred income figure at the year-end.
ANALYSIS OF NET ASSETS BETWEEN FUNDS
CHARITY 2022 2021
General Designated Restricted Total Total
fundsf fund funds
6		 funds
8		 funds
5
Fixed assets 92,641 92,641 129,401
Net current assets 1,676,450 126000 1 802,450 1,223,158
1,769,091 126,000 1,895,091 1~352 559

MOVEMENT
IN FUNDS
Net
CHARITY movement
in
At 1.1,22
f		 funds
6		 At 31.12.22
6
Unrestricted
funds
General funds 1,226,559 542,532 1,769,091
Designated
fund —Carrow Park		 26,000 26,000
Designated
fund —Staff		 100,000 100,000
Designated
fund —Facility Provision
Designated
fund —Run Norwich
1,352,559 542,532 1,895,091
Restricted
funds
National
Citizen Service
TOTAL FUNDS 1,352,559 542,532 1,895,091
Net movement
in funds, included		 in the above are as follows:
Transfer
Incoming Resources between Movement
in
resources expended funds funds
6 6 6 6
Unrestricted
funds
General funds 2,675,582 (2,452,600) 222,982
Designated
fund		 319,550 319,550
2675,562 /2452600) 316550 542532
Restricted funds
Football activities (a} 88,993 (87,590) (1,403)
National
Citizen Service		 (b) 510,715 (461,104) (49,611)
Fundraising (c) 807,797 (567,286} (240,511)
Community
projects
Schools related projects		 (d)
(e)		 385,747
294,233		 (394,203)
~257,752)		 8,456
~35.46))
2,087,485 (1,767,934) (319,550)
TOTAL FUNDS 4 763,066 ~4,220,634 542 532

2022 2021
8 5
Annual
commitments		 under operating leases for land and buildings
Expiring:
After more than five years 18,000 18;000
Annual
commitments		 under operating leases for office equipment and motor vehicles
Expiring:
Less than one year 1,560

During the year, the charitable
compan		 y
entered
into th		 e following transact ions
with related		 parties:
Norwich
City Football Club PLC		 2022 2021
Sales and recharges
during
the year		 69,458 2,308
Amount
receivable at 31 December
Purchases,
including
rent of premises,		 and contribution to Carrow Park 84,891 54,655
Amount
payable at 31 December		 15,629 12118

ANGIBLE FIXEDA SSETS
GROUP Leasehold Fixtures,
property fitting 8 Website Land & Work in
improvement Pitch equipment Develop buildings progress
s refurb Total
6 F 2
COST
At1 Jan2022 338,637 55,959 540,317 29,336 5,990,324 6,954,773
Additions 119,588 82,125 1,750 203,463
Disposals
At 31 Dec 2022 338,837 55959 659905 29336 6072 449 1 750 7 158236
DEPRECIATION
At1 Jan2022 259,107 30,523 277,730 25,623 367,214 960,197
Disposals
Charge for year 31,517 5,676 44 512 3 713 267 845 353 263
At 31 Dec 2022 290,624 36199 322 242 29 336 635,059 1,313,460
NET BOOK
VALUE
At 31 Dec 2022 48,213 19,760 337,663 5,437,390 5,844,776
At 31 Dec 2021 79,730 25,436 262„587 3,713 5,623,110 5,994,576

2022 2021
GROUP 6 6
Trade debtors 370,364 254,324
Accrued income 253,473 51,240
Other debtors 64,361 40,950
688,198 346,514

CREDITORS: AMO U NTS
FALLING DUE WITHIN ONE Y		 EAR
2022 2021
GROUP 8
Trade creditors 121,340 106,060
Taxation and social security 60,776 53,971
Payments
received		 in advance of projects 5,394 11,150
Corporation
tax		 51,991 53,500
Accruals and deferred income 6,451,069 6,939,258
6,690,569 ~7,163939

GROUP 2022 2021
General Designated Restricted Total Total
funds funclf funds
6		 funds
6		 Funds
6
Fixed assets 5,844,775 5,844,775 5,994,576
Net current assets ~3444 932 126,000 (3,318,932) (3,923,875}
2 399.943 126,000 2,525843 2,070,701