Charlty reglstratlon number 1090916
Company regl8tratlon nvmb8r 04312794 (England and Wales)
SAINTS FOUNDATION
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2022

SAINTS FOUNDATION
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
M Abrahams
R Jackson
T Shaw
P Bo￿&11
T Crouchèr
A Gross
E Young
IAppoinlÈd 30 June 20221
(Appointad 30 June 20221
Charlty number
1090916
Company number
04312794
Reul$tèr•d offle•
Sl Mary'5 Stadium
8rilanni8 R08d
Southampton
Hampshire
S014 5FP
Auditor
Fiander Tovèll Limited
Stag Gales House
63164 The Avènuè
Southampton
Hampshire
S017 1XS

SAINTS FOUNDATION
CONTENTS
Page
Truste65 report
Independent audiloi's report
Statement of fin8n￿81 acb'vilies
B818nc8 sh88t
10
Slatsment ol c88h flows
11
Notes to th& financial stat¢ments
12-22

SAINTS FOUNDATION
TRUSTEES REPORT {INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 30 JUNE 2022
The trustees p￿Sellt their annual r8port and financial stalernents for the year ended 30 June 2022.
The financial 5tstements have been prepared In accordance with the accounting policie5 881 out in note I to the
fi'nancial slalemenls and comply with the charity's governing document. the Companies Act 2008 and 'Accounling
and Reporting by Chaiitie5" Statement of Recommended Practi￿ applicable lo charities preparing their accounts In
ccordance with the Finan¢ial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021"
leffeclive 1 January 20191.
Obl•ctlv•8 and attivities for publ1¢ beneflt
The charitable comp8ny is established for the promotion of community participation in healthy recreation for the
benefit of children in full time education and disadvantaged adults residing In the county of Hampshire and other
neighbouring a￿a$ by the provision ol fsuliti65 8nd opportunities for the playing of and18arning through football.
The trustees confi'rrn that they have given careful consideration to the Charity Comrnis510n's guidance on public
benefit when ￿VIeWing the charity's sim5 8nd obj8Ctive5 for the year The trustees judge that all charitable activity
msde meet5 this guidancE.
Achlevements and p•rformanc•
The 2021122 financial year was another successful year for S81nts Foundation. aided by a return to some kind of
nom81ity post the prolonged Covid-19 pandemic. Overall, we are extremely proud ol how we dealt with the effects
of the p8ndemic. both in regards lo how we continued lo support our participants at an ultimate tim8 of need. and
also how we coped organisationally, with us now In our strongest ever fi'nancial position.
Across the course ol the year our dedicated staff team continued to engag8 and inspire mole than 4.500
participants, ageLI from five to 96, aeross our city, ft)cusing on those that need our support the most. This was
delivered via 16 different progr8mrnes. including a new project called 'Active Through Football., which supports
adults living within inner city Southampton lo incregse their activty levels, encouraging 5USt8inable behaviour
change. More generally, we continued to work with individuals and comrnunities across a broad thematic spectrum-
fiom Inten51ve work with young people in primary and se¢ondary schools lo health arpd wellbeing sessions for
isolated older adults. and many. many things in belween. Most importantly, from an oulcornes perspective our work
has proven to be ext￿MelY impadful. with Fnore than gOQA of our particip8nt8 reporting at bast one posity've
outcome le.g. feelillg happier rnore often, b8ing more physically active, elcl.
One major change saw us transfer responsibility for our 'FootbalS and Sports Development, IFSDI work, including
the provision ol pa￿nt-fv￿ded Soccer Schools. Coaching Cenlres and After School Clubs, lo Southampton Football
Club from 1st July 2021 This was done for strategic reasons, with it p￿vIOuslY proving difficult lor tD b8lance our
'charitable' and 'commercial' work. particularfy from a messaging perspective. Whilst we 81ways knew this was going
to prove a challenge from a financial pe￿pectIVe, as this area of work traditionally made up around 20°h ol our
overall ievenue. including msking a healthy surplus used to support more 'charilable' areas ol our operations, this
has proved to be a sensible decision. with both us and the newly placed FSD thriving acr055 the remainder of the
fi'nancial year.
In terms of fundraising, it was great to be able lo start running in person event5 again, following a Iwo-year hiatus
This included a hugely successful 'Saints Foundation Charity Dinner.. which yiekled more than £130,000, whi¢h
was by lai and away our biggest ever total for one single event. In addition, we delivered a number ol smaller
events. including a 'We March Together, pity walk and a 'Big Bike Challenge,. which took in a1120 Piemier L88gue
stadiums, across the course ol eight days.
Lastly, it was also a Suc￿sSful year from a comms and marketing perspects"ve, with us using tsur own chann81s and
those ol Southampton Football Club to ￿lebrate our charity's 20th anniversary. including showca8ing the stories of
a number of part4cipant5 who we have supported to oh3nge their lives for the better. This. combined with the
continued success of many of our projects, has contributed to a growing reputation locally
with 79D/ts of local
people surveyed saying that they fell we positively impacted the local cornmunity, and us inciea8ingly becoming a
'go to, organisation for stakeholders.

SAINTS FOUNDATION
TRUSTEES REPORT (INCLUDING DIRECTORS, REPORT) ICONTINLIED)
FOR THE YEAR ENDED 30 JUNE 2022
Key Partnerships
The charity's ongoing SU￿$8 is based on strong p8rtn8rships wrth a variety of Ioc818nd national stakeholders.
Ilve receive funding and sUPPOrt from a number ol different sources, induding from Southampton FC, Premier
League Charitable Fund, the Professional Footballers Assoclation, National Lottery Community Fund, Stsuthampton
City Council, Police and Cnme Commissioner's Offi'¢e and Clinical Cornmi83ioning Gr0￿p, 8s well as Sn 8rray of
I￿81 community groups, individuals and businesses.
Additionally, most ol our projects are run in partnership with Ottr￿r charities and organisations. including schools,
various local 8ulhoiity partners and Ioc81 community groups, all of whom are integral to the success of our dellvery
model, and, most importantly. irnproving the outcomes for the young people and adults with whom we work.
Flnanclal revlew
During the year endin9 30 Jun& 2022 the chaiity re￿iVed income amounting lo £2,434,832 12021.. £2,316,279).
R850u[￿S weie expended of £2,213,61812022' £2.389.4901. The 8urplus for the year of £221.21412021." deficit of
£73,2111 has resulted in 8 C8sh outnow In the year of £7,420 due lo working capital movernents12021' cash oufflow
of £34,591) and a surplus in unrestricted funds of £1.000,17812021.. £778,964). Thè year end cash position stood at
£1,566,41012021." £1.573,8301
Golng Concem
Whilst the 2021122 financial y8ai has not been without ils challenges operationally and financially, it proved far
easier tts plan for and navigate than the previous Iwo yea15, which weie heavily affected by uncertainly caused by
the Covid-19 pand8fflic. Largely we ieturned to normality both in project delivery, and other 8re88 of our operations.
including our ability to fundraise. Stiong performan￿ within that fundraisino space and good cost control, as well as
some challengtrs around ietention and recruitment, saw u8 ffi8k8 a yeai-end surplus of £221,214 taking our overall
free reserve to £1.000.178.
The trustees have prepared an indicative budget to June 2025. which is deemed lo be entirely realistsc and
achievable. This 5how5 the chaiity continuing lo not only operate as it does currently. but to develop and gFOW its
activities whilst making a sm811 year-end surplus in In all three financial years. Given the ¢urrenl cost of living crisis
and iisin9 inflation, this Includes budgeting for pay lis85 of c. 5% per annum for all full-time staff. Stress-lestino has
Iso been performed against this budget lo dernonslrate the ability of th8 ch8rity to rneet its obligations as they fall
due, even with unexpected reduction5 In income streams, including both grant funding and fundraising.
In addition. th8 charity continues to benefit from the donation in kind of office space and certain support functions
from Southampton Football Club 8nd consequently has a low base of administrative costs that are not directly
related lo particular charitable activities. A new SeTvice Level Agreement beiween Saints Foundation and
Southampton Football Club was sioned In summer 2022, rneaning that this same level of 8UPPOrt will continue for
the fofeseeable future.
Accordingly, the Iruslees are of the VI￿ that thè tharrty has suffi'cient liquidity to continue lo operate in the 2022123
financi81 yeaf. and Indeed long into the future, and therefor8 con51d8r It appiopriat6 to continue to prepare thè
financial statements on the going concern basis. We have worked hard over the past few years to grow our reserve
pot, and as such find ourselves in our strongest ever financial positiori. This means that trustees dc> not feel that any
rem8di81 action 15 currently necessary, as if for whatever reason we do m8ke 8 1085 in the year to 30th June 2023.
we have a healthy reserve pot to fall back on.
Fundraising
Saints Foundation ale signed up to the Fundraising Regulatofs voluntary registration scheme and consider
Ihetn5elves fully compliant with the guidelines 8$ Set out. Any new ifiitiatlV&5 are si9n8d off Ihiough the Head of
Saint8 Foundation and Trustee board before comrnencing. and suwess is measured through explicit KPIS Ibolh
financi81 and oper8tlOn811 as 58t out in our fundiaising strategy.
During the financial year, no associated complaints wer8 received, and due to our main Method of fundraising being
through the running of events, a bcal business patrons, club and th8 sab of items on Ouf eBay 8its. we are
confident that no one will have felt under any undue p￿sSUre lo support us.

SAINTS FOUNDATION
TRUSTEES REPORT (INCLUDING DIRECTORS. REPORTI {CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2022
Re8erves Pollcy
In accordan￿ with Charity Cornmission guidelines the Iruslees consKler that the charity shoukj hokj re58rves to
me&t approximately 6 months expenditure. The total ieserve8 of the company as at 30 June 2022 amovnl to
£1.000,178 of which £4.706 is held In fixed assets. The Iruslees consider that the free ￿serveS sufficiently cover
approximately 6 month5 expenditure.
Plans for future perlods
As 81w8ys. our primary commitment is to ensure that we continue to SUPPDrt people 8cr05s the City ol Soulhampton,
th a focus on reaching those that need our support the most. We will do that not only through making sure that our
projects remain safe and relevant. bul also by continuing lo grow and diversify our income Streams to ensure that
and our many projects- are sustainable long into the future.
As wo11 as maintaining and 5tabilising our portfolio ol existing projects, the 2022123 financial y8ar will al80 See us
launch arTrother three new programmes - namely 'Sain15 By Your Side,. a project supporting men's mental health.
'Advanlage', which will work with young people engaged ￿ryth CAMHS and 'Saints Onside., which will support
prisoners leaving HMP Winchester as they resettle within the local community.
From fundraising per5P8Ctive. as well as running our only portfolio ol inits'ats"ves Ichgrity Dinner, Big Bike Challenge,
etcl we ale Incre8singly looking to partner with key ¢ommerei81 institutions in the city, and as such wll run gala
dinners in partnership with both Barratt & David Wilson Homes and DP World in late 2022.
Lastly, ftir various reasons we decided to delay the18unch of our retr8sh8d strategy. which was originally planned
for summer 2022. Instead, this will now18unch around February 2023.
Structure, governance and managfrmont
The company. which is a registered charity, is limited by gugrsntee and does not have any share capital. The liability
of each member under guarantee does not exceed the sum of £1. It is governed by a Memorandum and Articles of
Association.
The trustees. who are also the ￿1￿clOrS for the purpose of comp8ny 18w, and who served during the year and up to
the dale ol signature of the financial 5tsternents were..
M Abrahams
R Jack50n
T Shaw
P Bolwell
T Crou¢her
A Gr05S
E Young
IApp01ntèd 30 Junè 20221
(Appointed 30 Juns 20221
Recrultmènt of Trustees
The Board of trustees is responsible for appointing trustees who h8V8 to b8 nornin8ted 8nd elected al a Board
meeting.
Truatse Inductlon and Tralnlng
The trustees have In place prO￿dureS for the Induction and training of trustees when required.
Organl8atlonal Stru¢ture
The trustees decide the long tem stralagy for th8 charitable company,. they set the budgets. review performance on
8 monthly basis utili5ing the resources of a Charity Management Accountant, supported by the SouthaTnpton
Football Club Finance Department. instigating change when reouired. The trustees have appoint8d a H88d of the
Charity. who runs the operatioris of the chantable compgny tsn behalf of the tfuslees. The Head of the Charity is
assisted by a team ol staff dedicated to running the day to day oper8tions of Saints Foundation. The trustees lake
advi￿ and consider similar orgaTrisations when deciding the level ol senior rnanagernent pay.

SAINTS FOUNDATION
TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) {CONTINUED
FOR THE YEAR ENDED 30 JUNE 2022
Rlsk Management
The trustees activety review the major risks whlch the ch&ritab16 company fa￿$ on a regular b8si8. The charitable
company h8s developed systems to monitor and control these risks 8nd to manage any impact they may have on
the charitable company's future.
The syst8nis of internal ctsntrol to provide reasonable. bul not 8bsolute, 885urancè against material misstatement or
loss. They include..
A 8ti8tegic plan and an annual budget approved by th& ttuste&5,
Monthly management accounts which Show vaiianee from budget and re-lorecast anticipated r&sutts for th8
year. which ar8 ievi8w6rt by the trustees,.
De18gation of authority and seg￿gats.0Tr of duties.. and
The loss of funding, non-performan￿ against targets and fraud.
stalamènt of trustees re$ponsibilitie8
The trustees, who are also the directors ol Saints Foundation for the purpose of company law, ar8 18sponsible for
preparing the trijstees report and the financial 3tstements in accordan￿ with applicable law and United Kingdom
Accounting Standards IUnit8d KiTigdom Generalty A¢￿pted Accounting Practic&l.
Company Law r8quiies the trustees to prepare financial ststements for each finaricial year which give a true and fair
view ol the slate of affairs of the ch8rity and of the incoming resources and application of resources, including the
income and expenditure, ol the charitable cornpany foi that year.
In p￿parIng these financial st818m8nts, the trustees are required to..
select suit8bl& accounting polic￿$ and then apply them consi8t8ntly".
observe the methods and principles in the Ch8rith"e5 SORP".
make judgements and estimates that arè rtsasonable and prudent., and
prepare the financial statements on the going concern basis unless it is inappropri8te to presume that the eharrty
will ￿ntInUe in operation.
The Iruslees ar& responsible for keeping adequate accounting records that disclos& Wlth reasonable accuiacy at
any time the financial posits'on of the charity and ensble them to ensure that the financial stslements comply with the
Companies Act 2006. They a￿ also responsible for safeg￿arding the as5et5 of the charity and hen￿ for taking
reasonabb steps for the preVen￿On and detection ol fraud and other irregularitses.
Audltor
Fi8ndei Tovell Limited were appointed as auditor to the charity and a ièsolution proposing that they be re-appointed
will be put 8t 8 Gen8ral Meetln9.

SAINTS FOUNDATION
TRUSTEES REPORT (INCLUDING DIRECTORS. REPORTI (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2022
Dl8c108ure of Informatlon to audltor
Each of the trustees has confirmed that there is no infomiats'on of which they are awar8 which is re￿vant to th8
8udil, but of which the auditor is unaware. They have further confirmed that they have taken appropriate steps to
identify such relevant information and to establish that the auditor is aware of such information.
The tfustees report was approved by the 8oard of trustées.
M Abrahams

SAINTS FOUNDATION
INDEPENDENT AUDITOR'S REPORT
TO THE TRUSTEES OF SAINTS FOUNDATION
Oplnlon
We have audited the finanrial Statements of Saints Foundation Ilhe '¢harity'l for thg y8ar ended 30 June 2022 which
comprise the statement of financial activities. the balance sheet, the statement ol cash flows and notes to the
financial stalemenls. Including significant accounting policies. The financial ieporting tramework that has been
8pplied in their preparation is applicable law a[￿ United Kingdom Accounting Standards. including Financial
Reporting Standard 102 The Financial Reporting Stondgrd applicable In the UK and Republic of Ireland (United
Kin9dom Generally Acc@pt&d Accounting Practi￿1.
In our opinion, th8 financial statements..
give a tru8 and fair view ol the stale ol the ch81itable cornpany's affairs as at 30 June 2022 arKI of its inc(>ming
resources and application of resources, for the year then ended.,
have been properly prepared in accordance with United Kingdom Gtrnerally A¢￿pted Accounting Practice.,
and
have been prepared In accordan￿ with the requirements of th8 Cornpanitss Aet 20￿.
Babls for oplnlon
We conducted our audit in accordance with International Standards on Auditing IUKI IISAs IUKII and applicable
law. Our re5ponsibililies under those stsndards are further described in the Auditor's ￿Sponsibl111{8S for aijdit of
the financial stat8m8nts section of our report. We are independent of the charity in accordan￿ with the ethical
requirements that a￿ relevant to our audit of the financial statements in the UK, including thè FRC'S Ethical
Standard. and we have fulfilled our other ethical responsibilities In accordan￿ with these requirements. We beli8ve
that the audit eviden￿ we h8V8 obtainèd is sufficient and appropriate to providg a basis for our opinion.
Concluslons relatlng to going cone¥m
In auditing the financial s18tèmènls. we have concluded that the tru8t8es usè of the going concern basis ol
accounting In the preparation of the financial statements is appropriate.
Based on the worf( we have p8rfoimed, we have not identifi'ed any m3lerial uncert8intie5 relats.ng to events or
¢ondit50ns that, Individually or collectively. may cast significant doubt on the charity's ability to continue as 8 going
Concern for a p8riod of 8t least twelve months from when the financial statements I￿ aulhorised for issue.
Our responsibilities and the responsibilities of the trustèes wrth respect to going concern are described in the
relevant sections of this r8POrt.
Other Information
The other Iriformation comprises the inforfflation induded In the annual report other than the financial statetnents
and our auditorfs ieptsrt thereon. The trustees are responsible foi the other Information contained within the annual
port. Our opinion on the financial statements does not cover the olh6*r information and we do not express any form
of assurance cor)dusion Ihereon. Our iesponsibillly is to read the other information and, In doing so, consider
whether thè other Information is malÈrially incon515tent wth the financial statements or our knowledge obtained in
the course Df the 8udit, or otherwise appears to be materially rnisstated. If we Klentify such material inconsistencies
or apparent material mis$tat8m8nts, we are ￿qUired to determine whether this gives ri58 to a material rnisstalement
in the financial statements thernselves. If. b88ed on the work we have performed. we condude th8t there is 8
m8lerial misstaternent of this other Infomiation, we are required to r8POrt that fact.
We h8ve nothing tts report in this regard.
Matters on whlch we are requtred to roport by èxceptlon
We have nothing to report in resp8ct of the following matters in relats'on to which th8 Charits'es (Accounts and
Reports) Regulations 2008 require us lo report to you if. in our opinion..
the inftsrmation given in the financial Ststements is Inconsistent in any material respect with the trustees
report-, 01
sufficient accounting records have not been kept". or
the financial statements are not in agreement with the accounts'rKJ records,. or
we have not re￿iVed all the information and explanations we require for our audit.

SAINTS FOUNDATION
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF SAINTS FOUNDATION
Rèsponslblllties ol trusteès
As explained more fully in the statemènt of trustees responsibilities, the tiustees. who are also the dirèctors of the
ch8fity for the purpose ol etsmpany law, are responsible for the pr8paration of the financial statements and for being
sgtisfi'ed that they give 8 true and fair view, and lor such internal control as the Iruslee5 determine is ne￿$Sary to
enable th6 pr8par8tion of financial stalernents that are free from tn8terial misstatement, whelhei due lo fraud or
error. In preparing the financial statements, the IIu5tees 81e responsible for asse58ing the ¢harily's ability lo
continue as a going COn￿rn, disclosing, 88 spplicable, matters related to going ¢On￿rn and using the going
coneern basis of accounting unless the trustees either intend to liquidate the chantable comp8ny or to ￿ase
operations, or have no re81islio alternative but to do so.
Audltor's responslbllltiès for the audF¢ of the flnanclal $tstements
Vve have been appointed as auditor under section 144 01 the Charities Act 2011 and report in accordance with the
Act and ￿￿vant regulations made or having effect thereunder.
Our objectives are lo obtain reasonable 8ssurance about whether the financial statements as a whole are free trom
material rnisstalement, whether due lo fraud or etror, 8nd lo issue ari aud1torfs report that includes our opinion.
Reasonable assurance is a high level of as5uranrÈ but is not a guarantee that an audit conducted in accordance
th ISAS IUKI will a￿ayS delecl a material mi8strtement when it eXiSts Misslatemenls can arise from fraud or
error and are considered rnaterial if. individually or in the aggregate. they could reasonably be expected to influence
the economic decisions of users taken on the basis of these financial statements.
The extent to which our proeadur88 8re capable ol deleding irr8gularilies, including fvaud, is d8t8iled below.
Extent to which the audlt was considtrrèd capable of delectlng Irr•gularitles. In¢ludlng fraud
Our approach to identifying 8nd assessing the risks of material misstatem6nt in iespecl of 1r￿guIarrt1eS, including
fraud and non-complian¢e with laws ond regulaty'ons, was as follows.
the engagement partner ensured that the engagement team collectNely had the appropriate competencè,
capabilitie5 8nd skills to identify or recognise non-complian￿ with applicab￿ laws and regulstlOn5.
we Identifi'ed the laws and regulations applicab￿ tts the company through discu5siorTrs with directors and
other management, and ffom our commero81 knowledge and expenen￿.
we focused on specific laws and iegulations which we eonsid6red may have a direct matèrial effect on the
financial statements or the operations ol the cornpany, including the Cotnpanies Act 2C()6, taxation
legislation, dsta protection. employment, enmronmenlal and health and $8fety legislation.
wè assessed the extent of complianeE wrth the laws and regulations identified abov8 through making
enquiries ol managetnent.
We ass685ed the susceptibility of the company's financial statèments lo material misstatètn8llt. inclwliryJ obtaining
n understanding ol hi)w traud rnighl occur. by..
making enquiries ol management as to where they considered there was suseeptibility to fraud. their
knowledge ol actual, suspected and alleged fraud.
considering the intern81 controls in pla￿ to mitigate risks of fraud and non-complian￿ with 18WS 8nd
regulatsons.
Audlt reBpon8e to rlsks Itlèntfjfied
To addres5 the risk of fraud through mans98ment bias and overrKJ8 of controls. we.
performed analytical procedures lo identify any unusu81 or unexpected relationships.
tested journal entFies lo identify unusual tiansaclions.
tested a sample of BACS payments to identify payments being rnade to unexpected bank accounts.
performed transactional testing on p8yroll costs in respect of those employee5 With responsibility or
authority in connection wth the payroll function.
assessed whelhei judgements and assumptions made in determining the accounting estimstes were
indicative of potential bias.
investigated the ration8le b6hind significant or unusual trgnsactions.

SAINTS FOUNDATION
INDEPENDENT AUDITOR'S REPORT (CONTINUED
TO THE TRUSTEES OF SAINTS FOUNDATION
In response to th8 risk of irregularit￿8 and ntsn-compliancts with law5 and regul8tions, w6 designed procedures
which Included, but wefe not limited lo.
agreeing financial 8t8tement disclosuies to undedying supporting documentation.
enquiring ol management as to actual and potential lity'gation and claims.
There are inherent lirnitstions in our audit proc8dur88 d8sciib8d 8bov8. Th8 more removed that laws and
regulation5 are from financial transactions, the less likely it is that we would become aware ol n0￿compli8nc@.
Auditing standards also limit th8 audit piocedurtss required tts Identify non-compliance with laws and regulations to
enqLliry ol the directors and other management and the inspection of regulatory and legal cor￿spondenCe. if any.
Material misstatements that arise due to fraud can b8 haid6r to dètèet than those that ans6 from tsiior as they may
Involve deliberate concealment or collusion.
A further description of our responsibilFti88 Is 8v8i18ble on th6 Financial Rèptsrtlng Counal's website at." https'.11
www.Irc.Ofg.uklauditorsresponsibilities. This description fomis part of our auditorfs report.
U88 ol our roport
This report Is made solely to the charity's truste88, as a body, in 8ccord8nc8 with part 4 of th8 Charitl8s (Accounts
and R8POrtsl Regulations 2008. Our audit work has been undertaken so that we might slate lo the charity's trustees
those matters we are required to state to thern in an auditOl'5 report afid for no other purpose. To the fullest extent
perfflitted by law, we do not a¢￿pt or assume re8ponsibility to anyone other than the charity and the ch81ity's
trustee8 as a body, fur our audit work, for this report, or for the opinions we have formed.
Andrew Jay ACA FCCA Isenlor St#tuttsry Audltorl
for and on behalf of Flander Tovèll Llmota
.12.J.anuary.2023
Chartered Accountants
statutory Audotor
Stag Gates House
63164 Th& Avenue
Southatnpton
Hampshire
S017 1XS
Fi8tKl&i Tovell Limited Is eligible for appointment as auditor ol the charity by virtue of ils eligibility foT appoinlrnent as
auditor of 8 ¢omp8ny und8r $8Ction 1212 01 the Compani6s Act 2006.

SAINTS FOUNDATION
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 30 JUNE 2022
Unr•strlct•d R•strlctod
funds
2022
Totsl Unr•strlet•d Rèstrlctsd
funds
fund8
2021
2021
Total
2022
2022
2021
Nots$
Income from..
Donations and legacies
Charitable activities
Other trading actiwties
803,499
313,256
319,688
803,499
1,311,645
319,688
680,8D7
548,524
121,007
680,807
1.514,465
121,007
998,389
965,941
Total rncome
1,436,443
998.389 2,434,832
1,350.338
965,941
2,316.279
8ndlture on:
Raising funds
280,115
280,115
183,138
183, 138
Charit8b16 activbties
935,114
998,389
1,933.503
1,240.411
965,941
2.206.352
Total expendlture
1,215,229
998,389
2,213,618
1,423,549
965,941
2,389,490
Net Incomellexpendlturel for
the yearl
Net movement In fvnd$
221,214
221,214
173,2111
173,2111
Fund balances at 1 July 2021
778,964
778,964
852,175
852,175
Fund balances at 30 Jun&
2022
1,000.178
1.000.178
778,964
778,964
The statement ol fi'nancial actiwt￿s inducles all gains and losses ￿COgniSe(l in the year.
All inwme and expenditure derive from Continuing activities.
The statement of financial acts'vities also complies with the requirements for an income and expencliture account
undèr the Comp&ni6s Act 20(￿.

SAINTS FOUNDATION
BALANCE SHEET
AS AT 30 JUNE 2022
2022
2021
Notes
Flxed assets
Tangible assets
11
4.7(
14.679
Current a8set5
Debtors
C8sh at bank and in hand
12
284.058
1,566,410
118.884
1,573.830
1,850,468
1,692,714
Credltors: amounts lalllng due wSthln
one year
13
1854,9961
1928,4291
Net current 8S88ts
995,472
764,285
Totsl a88èts loss Current Ilabllitlgs
1.000,178
778,￿4
Ineome funds
Unrestricted funds
1.000,178
778,964
1,1YJO,178
778,964
03
The financial statements were approved by the Trustees on .........
M Abrahams
Trustee
Company règlstratlon number 04312794
10-

SAINTS FOUNDATION
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 30 JUNE 2022
2022
2021
Nots8
Cash flowB from operatlng activitie8
Cash absorbed by operations
18
11,7321
123.2741
Net Cash usèd In Investlng actlvltles
Financlng a¢tlvltles
Payment of obligations under financè1885es
15,6881
111.3?71
N•t eash uied in flnan¢lnp actlvltl¢8
15,6881
111.3171
Net decreagè In cash and cash equlvalents
17.4201
134,5911
Cash and c88h equivalents al beginning tsf year
1,573.830
1,608,421
Cash and cash •qulvalents 8t end of year
1,S66.410
1,573,830

SAINTS FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2022
Accounting pollelès
Charlty Informatlon
Saints Foundation is a priva18 company limited by guarantee incorporated in England and wa￿$. The
registered Offi￿ is Sl Mary's Stadium, Brit8nnia Road, Southampton, Hampshire, S014 5FP.
1.1 A¢countlng eonventlon
The financ4al slalements have been pr&pared in accordan￿ with the charity's Igoveming documentl, the
Companies Act 2006, FRS 102 "The Financial R&porting Standaid applicable in the UK and Republic of
Ireland" I"FRS 1021 and the Ch81itses SORP "Accounting and Reporting by Charitiès. Statement ol
Recommended Practice applicable to charit188 piepanng theii accounts in accordan￿ with the Financial
Reporting Standard applicable in the UK and Republic ol Ireland IFRS 1021" (effective 1 January 20191. The
8rity Is a Public Benefit Entity as d8fin8d by FRS 102.
The financial slalement8 are piepaied in sterling, which is the fun¢lion81 curr8ncy of the eharity. Monetary
amounts in these financial statements are rounded io the nea￿st £.
The financial statements have been prepared under the historical cost convention. The principal accounting
poli¢i&5 adopted a￿ set out below.
1.2 Golng concern
Al the lim& of approving the financial statements, th8 tIU5tees have a ￿asonable expectation that the charity
has adequate resourc88 to continue In operational existen￿ for th& for6seeable future. Thus the trustees
continuè to adopt the going concem basis of 8cctsunting in preparing the fi'nancial statements.
1.3 Charltabl& funds
Unieslricted funds are availab18 for use at th6 diserets'on of the trustees in furth8r8n(* of their charitable
objectives.
Restricted funds are subject to specific conditions by donors 88 lo how thèy may be used. The purposes and
uses of the iestricted funds are sel out in the notes to the financial statements.
1A Income
All incorn8 is recognised in the statement of finan¢i818cts"vits'es when the conditions for ￿ceipt have been met,
the monetary value of the incoming resources can be me8sur8 with Sufficient ￿liabilIty and there is
reasonab￿ assurance ol receipt. The following acctsunting policies are applied to in¢ome,'
Income from charitable act￿￿tI?8
Income from charitable aelivitie$ represents incorne fvom the delivery of the charilrfs core projects. Th8
Income is 8¢counled foi on a ￿CeiVable basis2. Incornino r850urc&s from servie level ag￿eMentS are
cognisecl on performance.
Donatlon8
Donations represent cortrfun(Jing, donations from corporates and indivKJuals and those dedicating volun188f
events lo th8 charity. whe￿ services are provided at no cost, the value ol those servi￿$ are treated as a
donation in kind with the iespèetivo cost charged to expenditure.
Voluntary income indudes income from leg8ci85 that ale accounted for on notification by the personal
p￿sentatIVeS and the value ol the legacy can be measured reliably and the rèc6iPt ol that amount is
probable.

SAINTS FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2022
Aeeountlng ptsllcies
IContlnu•dl
Fundral$lng
Fundraising incom6 represents the mon￿$ received from supporters ol the company fundraising events and
arè sccounted for at the b'me of the event.
The charity 0￿ratè$ a matchday lottery which is accounted for in line with the lottery accounts and an auction
sit8 whieh iocogni8es in¢ome on settlement ol the bid. Stadium tours a￿ accounted for in the period in whith
the tours take pla￿.
Interest Income
Interest on funds held on deposit is included when re￿1vable and the amount can be measU￿d reliabty by the
ch8rity, this is normally upon nolilication ol the inteie5t paid or payable by the bank.
1.8 Expenditure
Resources expended. accounted for on Sn 8ccru815 basis, are 8IIoc8t6d bOt￿n costs of charitable
expenditure and fundraising.
Costs of ialsonp lunda
These are costs which are directly related to the raising of voluntary do￿a￿OnS and grants 3nd publici5ing th8
activities of the charity.
Costs ol charitablè actlvltleB
Cost8 of chafitable activities include servi￿$ supplied Identifiable $5 wholly or rnainly in support of the
charitable company's objectives. Dirèct costs are allocated against the activities ol the charity and support
costs are apportioned on the basis ol staff numbers.
1.6 Tanglble fixèd a88ets
All assets over £1,000 are capit81ised.
Tangible fixed assets are Initially me8surod 8t Cts8t and sub5equ8rTrtly measured at cost or valu8tion. net of
depffjc18￿on and any ifflp8iment108s8S.
Depreciation is ￿Co￿nISed so a5 to write off the cost or valuab'on of 8SSèt$ less their residual values over Iheir
useful lives on the following bases..
Plant and eqE5ipm8FTrI
3. 5 year strayht line
Th8 gain or loss aiising on the disposal of an asset is determined as the dIffe￿nCe between the sale proceeds
and the carrying value ol the asset, and is iecognistsd In thts statarnent of financial activitie5.
1.7 Impalment of flxgd assets
At each reporting end date, the charity rewews th& carryiNJ amounts of its iangibltr assèts to determine
whether thèrè Is any indication that those assets have suffered an impairment Ios5. If any such indication
exis15, the recoverab￿ arnounl ol the asset is estimated in order to determine the extent ol the impairment
loss lil any).
1.8 Ca#h and cash èquivaltntb
Cash and cash equivabnts include cash in hand, d8P05It5 h8kl at call wth ballks, othei 5hort-lerrn liquid
investments with origin81 maturities of three months or le8$. and bank overdrafts. Bank overdr8fts ale shown
within borrowings in current liabilitpes.
13-

SAINTS FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2022
Accounting pollcie8
Icontlnuedl
1.9 Flnanelal In6truments
The charity has elected to apply thè provisions ol Section 11 'Basic Financial Instruments, and Section 12
'Oth8r Financial Instruments Issues, of FRS 102 to all of its financial instruments.
Financial Instruments a￿ reEognis8d in the eharity's balan￿ sheet when the charity becomes party to the
contractual prowsions of the instrument.
Financial assets and liabilities are off88t, with the net amounts presented in the financi81 stalefflents, when
there is a legally enfoiceable right to set off the recognised 8mounts and there is an intention lo settle on a nèt
basis or lo realise the asset and sethe the liability simultaneously.
Baslc flnanclal a$$ets
Basic financial ass8ts. which Include debtors and cash 8nd bank balances, are initially measured 8t
transaction pricè including transacts'on costs and Are subsequently carried at arnorti88d c081 using the Èffective
interest method unle55 the arrangement constitutes a financing transaction, where the transaction is
measured at the present v8lu8 of the future ￿CeIptS discounted at a market r8te of 5nterest. Financial assets
classified 88 receivable within one year are not amort15ed.
8a8le flnanclal Ilablll¢ies
Basic financial liabilities. including creditors and bank loans are initially recognised at transaction pri￿ unless
the arrangement constitutes a financing tiansaction, where the debt instrument is measured al the present
valuè of th8 future payments discounted at a mark8t rate of Interèst. Financial liabilities dassified as payab$8
within one year are not 8morti5ed.
Debt in8trum8nts are subsequently carried at amortised cost, using the effective interest rate method.
Trade cieditors are obligations to pay for goods or services that have been acquiied In the ordinary course ol
operations from suppliers. Amounts payabl& ar8 clas51fied as tur￿n1 liabilities if payment is due within one
year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised inits'ally at
tfaTrsactson price and subsequently measured at amortised cost using the effective interest rnethod.
DerecognltlDn of flnanclal liabllltles
Finan¢ial liabilit185 are derecognised when the ¢haity'5 Contiactual obligats'ons expire or are discharged or
can￿lled.
1.10 Employee beneflts
The cost ol any unused holKJ&y èntitlement is recognised in the period in which the empbyees services are
receiv8d.
Teiminatson benefits are re¢ognised immediately as an expense when the charity is demtsnstr&bly committed
lo tertnin818 thè employment of an employe8 or to prowde termination benefits.
1.11 Retlrement benefit$
The charity operat&s a defined contribution plan for tis employees. A defined contribution plan is a pension
plan under which the charity pays fixed contributions into a separate entity. Once the contributions have been
mad8 th8 chaiity has no further payment obligatitsns.
The contributions 8re recognised as an expense in the statements of financial actlVltie5 when they fall due.
Amounts not paid are shown s&parately as a liability in the balan￿ sheet. Th8 8ssets of the plan are held
separately troTn the eharity in the adrnini8tergd funds.
14-

SAINTS FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED}
FOR THE YEAR ENDED 30 JUNE 2022
A¢¢ountlng pollcl•s
Icontlnuedl
1.12 Lea$e$
Whefe substantially all tsf the, risks 8nd rewards incidental to ownership of th8 lessed 88sel have been
transferred to the charity. the asset is the lower ol thè fair value of the lease Property and the present value of
the minimum lease payments payable over the term of the lease. The COr￿sPonding lease comtnilment is
shown 8s a liability. Lease payments are analysed between Capital and interest. The interest element is
charged to the statement of financial activities over the period of the lease and ￿$ calculated so that rt
rep￿sentS a constant proportion ol the lèase liability. The ¢8pitsl element reduces the bal8ncè i)wed lo the
le850r.
crftieal accouDtlng 6stlmat•s and judgèments
In the application of the charity's accounting policiès, the trustee$ are required lo make judgements, estimatès
and 85SUmPtions al)out the ￿[ryIng amount of assets and liabilities that are not readily apparent trorn other
Sour￿$. The estimates and as80ciated assumptions are based on historic81 exper￿nCe and other factors that
are consid8red lo be relevant. Actual resu115 may differ frorn these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions lo accounting
estirn8tes are recognise(l in the period in which the estimate is rewsed where the revision affects only that
period. or in the period of the revision and ILrture periods where th6 ￿MS1o￿ 8ffects both current and lulure
periods.
There are not consKlered to be any k8y sour￿$ ol estimation uncertainty.
Donation8 and legaclt8
Unre$¢rlcted Unreslrided
fund$
funds
2022
2021
Don8tions and gifts
Grant5
Donated good8 and 8ervice3
Furlough income
401.274
235,225
167,000
129.494
310.143
167.000
74,170
803,499
680,807
15

SAINTS FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED
FOR THE YEAR ENDED 30 JUNE 2022
Charltable a¢tlvltl81
Choriioblo
Income
Coachlnll
2022
Charii•blè
Ineom
Even15
Total
2022
Ch•rftAble
Income
Coachlng
2021
Total
2021
In¢Dme
Events
2022
2021
C08chino & other
19421
19421
324,771
324,771
Perform8nc& related
grant5
1.312,587 1,312.587
1,189,694 1,189,694
19421 1,312.587
1,311,645
324,771 1,189,694 1,514,465
Analysis by fund
Unreslricled funds
Restricted funds
19421 314,198
998,389
313,256
998,389
324,771
223,753
965,941
548.524
965,941
19421 1,312,S67
1.311,645
324,771 1,189,694
1,514,465
Other trading aetlvltles
Unr&strl¢ted UnrÈstricted
funds
funds
2022
2021
Auction site
Fundraising events
Sponsorship8 and social lotieries
64,937
231,959
22.792
47,175
48,840
24,992
Other trading activities
319,688
121.007
Coaching incom8 and adivitr'es ceased from 1 July 2021.

SAINTS FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI
FOR THE YEAR ENDED 30 JUNE 2022
Ralslng funds
Unrfrgtrfjctsd Unre8trlcted
funds
funds
2022
2021
Fundr81Sin
nd ubli
Membership schemes and social lotteries
Staging fundiaising events
Auction site
staff ¢05ts
Governan￿ costs
Support C08ts
162
132,338
9,961
128,953
934
7,767
20.349
15.842
119.918
26,969
Fundraising and publicty
280,115
183,138
Charltable actlvltles
CharFt8ble ¢harltsblt Charltable
Expenditur• Expenditure Expendlturv
Projects
Coaches
Projects
2022
2021
2021
Total
2021
Staff costs
Overheads
Donations to local ch8rities & projects
1,511.758
243,378
473, 183
41.009
2.044
1,295,408 1.768.591
241.881
282.890
1,755.134
516,236
1,537,289 2.053.525
Share of support costs (see note 81
Share of governance costs158e note 81
159,233
19.136
23,164
12,796
116,867
140,031
12,796
1,933,503
552,196 1,654,156 2.206,352
Analysls by fund
Unreslncled funds
Re81ricted funds
935,114
998.389
552,196
688,215
965.941
1,240,411
965,941
1,933.503
552,196 1,654,156 2.206,352
17-

SAINTS FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED}
FOR THE YEAR ENDED 30 JUNE 2022
Support costs
Support Governantè
costs
CO8t8
2022
Support Govarnanet
costs
costs
2021
Donated serVi￿S
167,000
167,000
167,000
167,000
ALKlit fees
Other goveinance costs
9,600
10,470
9,600
10,470
9.646
3,150
9,646
3,150
167,000
20,070
187.070
187,000
12,796
179.796
Analysed betrjeen
Fundraising
CharilabLe 8olivities
7,767
159,233
934
19,136
8,701
178,369
26.969
140.031
26,969
152,827
12,796
167,000
20.070
187.070
167.000
12.796
179,796
Governan￿ costs indude3 payments to the auditors of £9,60012021". £9,646) lor audit fee8.
Tru8teès
None of the trustees lor any p8tsons connected with them) re￿iVed any remuneration or benefrts troffl the
chaiily during the y8ai.
10 Employees
Th8 average monthly numbef ol employe8s during the year was".
2022
Number
2021
Number
Direct
Adrninislration
Part time coaches
47
19
Total
69
69
Employment costs
2022
2021
Wages and salaries
Stscial security costs
Other pension costs
1.462,275
132,020
46,414
1,704,128
141.747
42.634
1,640.709
1.888,509
18-

SAINTS FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI
FOR THE YEAR ENDED 30 JUNE 2022
10 Employee8
Icontlnuedl
Part lime coach88 numbers a￿ basèd on full time equivalènts.
Key management personnel include all senior managers across Saints Foundation, who together have
authority and ￿SponSIbility for plgnning, directing and controlling the activities of the ch8rity.
Tha total compensation paid lo key management personnel for services provttled to the charity w88 £248,832
12021. £208,511).
The nurnber ol employees whose annual remuneration was morè than £60.000
is as follows.
2022
Number
2021
Number
£60,D01 10 £70,000
11 Tanglblè fixed a8$ets
Plant 8nd equlpm•nt
Cost
At 1 July 2021
117,2B9
At 30 June 2022
117,289
Dèptsciation and Impalrmènt
At 1 July 2021
Depreciation ch8ig8d in the year
102.610
9,973
AI 30 June 2022
112,583
Carrylng amount
At 30 June 2022
4.706
At 30 June 2021
14,679
The net carrying value of tsngible fixed assets includes the following in respect of assets hèld UTTrder finance
leases or hify purchase contrads. The depreciation chaige in respect ol such assets 8mounted lo £5.400
12021". £8,637) for the year.
2022
2021
Plant 8nd equipment
2,700
8,105

SAINTS FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2022
12 Debtors
2022
2021
Amounts falllng du8 wlthln one year=
Trade d8bt015
Prepaym8nts and accrued incorne
42,015
242,043
53,278
65.606
284,056
118,884
13 Creilltor8.' amount5 falllng due wl¢hin ono year
2022
2021
Note$
Obligations undef finance leases
other taxation atKI social security
Dèferred in¢om
Trade credit015
Other ¢r8ditors
Accru815
3,198
31,219
366,967
7,115
264,781
181,736
8,886
38.027
492.020
21,192
330,869
37,435
14
854,996
928,429
14 Doferred Income
2022
2021
Othei deferred income
386,967
492,020
Deferred incorne Is Included in the finan￿￿1 statements as folsows.
2022
2021
Defer￿d incom8 is included within..
366,967
492,020
Movements in the yeai..
Dtsfe￿d income at 1 July 2021
Released frorn previou5 periods
Resour￿5 def8ried in the year
492,020
1492,0201
366,￿7
368,241
1366,2411
492,020
Deferred Incotne at 30 June 2022
366,U67
492,020
Thè deferred income relates to project funding, courses and events duè tts take place in future peiiods.
-20-

SAINTS FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED}
FOR THE YEAR ENDED 30 JUNE 2022
16 Retirement ben•fft schemes
Dèfined contrlbutlon sehemes
The charity operates a defined contribution penslon scheme for all qualifying employees. The assets ol thè
scheme are held separately from those ol thè ch8rity in an independently 8dministere(I fund.
Th6 charge to profit or ltsss in respect ol defined contribulion schemes was £46,41412021 _ £42,634).
16 R•strieted fund$
The income fund5 of the chaiity indLrde iestricled funds comprising the following unexpen(J8d balances of
donation5 and grants held on trust for specific purpos8S".
Movoment in funds
Incvming
Ragour¢e$
rgBourco8
￿Xpe￿ded
Movement In funds
Incoming
ReSOUTC•5
resources
xponded
Balance at
1 2021
30 June 2V22
Active ThroLJgh Football
Community Charnptions
Primary Stars
Inspires
Switching Play
Sainls4Sport
Kicks Core & Disability
Saintsability
Saints Works Targeted
Saints Works
Saints Works Corts
Generation Gains
Senior Saints
Adive Through Sport
PL Changemakers
Open Access
7.500
235,538
145,635
68,781
39.836
54,716
185,484
9,540
15,342
25,000
15,358
24,961
138.250
17,5001
1235,5381
1145,6351
168.7811
139.8361
154,7161
1185,4841
19,5401
115,3421
125,0001
115.3581
124,9611
1138.2501
184,161
146,191
71.080
42.220
52,110
214,291
27,381
26,803
1184.1611
1146,1911
171,0801
142,2201
152,1101
1214.2911
127.3811
126.8031
31,449
131,4491
151.406
36,452
6.499
8,346
1151,4061
136,4521
16,4991
18,3461
965,941
1965.9411
998,389
1998.3891
17 Rèlated party transactfjon8
Southampton Footb811 Club is consKletyd to be 8 related party duè to its influence over the ch81ity.
During the financial year, Southampton Football Club commilled donations of £110.593 12021. £20,048). A
totsl of £98,29812021". £nill is included in prepayments & accrutd income 81 the year end.
A payable balance of £253,39812021. £322,960) ha5 8fi5en from purchases from Southampton FoDlball Club
and is included within crèditors falling due within on year at the year and.
Southarnpton Football Club has provided administr8hve and other support with an estimated value of
£167.00012021.. £167,000), this h88 been recognised as donations and squiva￿nt support cost. At th8 year
end £nil12021". £nill was outstanding on the balance sheet.
21

SAINTS FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI
FOR THE YEAR ENDED 30 JUNE 2022
18 Cash generated from operntlons
2022
2021
Surpluslldoficitl for the year
221,214
173,2111
Adju8tsllents for..
Dep￿￿atIon and impairm8llt of tangible fixed assets
9.973
13,745
Movem8nts in working capital..
Ilncreasel In debtois
Incr&aselldecreasel In creditors
ID8cE&seyinciease In def8rr8d income
1165,1741
57,308
1125,0531
19,6091
179.9781
125,779
Cash ab$orbed by operatlons
11.7321
123,2741
19 Analysis of Changes In net lunds
Al 1 July 2021
Cash flow8 At 30 June 2022
Cash at bank 8nd in hand
1,573,830
17,4201
1,566.410
Obligations under finance18ases
18,886}
5.688
13.1981
1,564.944
11.7321
1.S63,212
-22-