## 



## 

## 

|Contents|||Page|
|---|---|---|---|
|Company<br>information||||
|Trustees'<br>Annual<br>Report|||2 —13|
|Independent|Auditors'<br>Report||14-18|
|Statement of|Financial Activities||19|
|Comparative|Statement of Financial|Activities|20|
|galance Sheet|||21|
|Statement of|Cash Flows||22|
|Notes to the|Financial Statements||23-37|





## 

|Charity number:|Charity number:|1096572|||
|---|---|---|---|---|
|Company|number:|04587220|||
|Trustees:||Susan Black|||
|||Simon Bowers|||
|||Billy Hogan|||
|||Davinder Jhamat (appointed||11/11/20)|
|||Gavin Laws|||
|||Peter Moore (resigned|13/08/20)||
|||Matthew<br>Parish (appointed||11/11/20)|
|||Linda Pizzuti|||
|||Tom Werner|||
|||Laura Weston|||
|Secretary:||Lynn Taylor|||
|Registered|office:|Anfield<br>Road|||
|||Liverpool|||
|||L4 OTH|||
|Bankers:||The Royal Bank ofScotland||Pic|
|||1 Dale Street|||
|||Liverpool|||
|||L2 2PP|||
|Statutory|Auditors:|Mitchell Charlesworth|LLP||
|||Chartered<br>Accountants|||
|||5Temple Square|||
|||Temple Street|||
|||Liverpool|||
|||L2 SRH|||





## 

## 

## 

## 

## 

## 



## 

## 

## 

## 

## 



## 

## 

## 

## 

## 

## 



## 

## 

## 



## 





## 

## 

## 

## 



## 

## 



## 

## 

## 

## 



## 

## 

## 

## 

## 

## 



## 

## 

## 

## 

## 

## 



## 

## 

## 

## 



## 

## 



## 

## 

## 

## 

## 

## 

## 



# 

## 

## 

## 

## 

## 

## 



## 

## 

## 

## 

## 

## 



# 

# 

## 

## 

## 

## 

## 



# 

# 

## 

## 

## 



## 

## 

||||Unrestricted|Restricted|2021|2020|
|---|---|---|---|---|---|---|
|||Notes|Funds|Funds|Total|Total|
|Income from:|||f|f|f|f|
|Donations<br>and legacies|||977,195|60,000|1,037,195|343,888|
|Charitable<br>activities|||468,564|2,045,093|2,513,657|1,571,206|
|Other trading activities|||172,497||172,497|438,814|
|Interest received|||932||932|8,233|
|Totalincome|||1,619,188|2,105,094|3,724,282|2,362,141|
|Expenditure<br>on:|||||||
|Raising funds|||195,026||195,026|254,212|
|Charitable<br>activities|||1,576,865|1,888,217|3,465,082|3,009,154|
|Total expenditure|||1,771,891|1,888,217|3,660,108|3,263,366|
|Net income/(expenditure)|||(152,703)|216,877|64,174|(901,225)|
|Transfers between|funds||(13,625)|13,625|||
|Net movement<br>in funds||20|(166,328)|230,502|64,174|(901,225)|
|Reconciliation<br>offunds:|||||||
|Total funds brought|forward|20|1,681,397|95,229|1,776,626|2,677,851|
|Total funds carried|forward||1,515,069|325,731|1,840,800|1,776,626|





## 

## 

|Comparative<br>information<br>in resp|ect ofthe pre|ceding<br>period<br>is as|follows:|||
|---|---|---|---|---|---|
|||Unrestricted|Restricted|2020|2019|
||Notes|Funds|Funds|Total|Total|
|Income from:||6|E||6|
|Donations<br>and legacies||343,888||343,888|380,165|
|Charitable<br>activities||467,523|1,103,683|1,571,206|1,364,575|
|Other trading activities||438,814||438,814|1,679,396|
|Interest received||8,233||8,233|6,014|
|Totalincome||1,258,458|1,103,683|2,362,141|3,430,150|
|Expenditure<br>on:||||||
|Raising funds||254,212||254,212|788,166|
|Charitable<br>activities||1,713,143|1,296,011|3,009,154|2,230,162|
|Tota I expenditure||1,967,355|1,296,011|3,263,366|3,018,328|
|Net income/(expenditure)||(708,897)|(192,328)|(901,225)|411,822|
|Transfers between funds||10,862|(10,862)|||
|Net movement<br>in funds|20|(698,035)|(203,190)|(901,225)|411,822|
|Reconciliation<br>offunds:||||||
|Total funds brought forward|20|2,379,432|298,419|2,677,851|2,266,029|
|Total funds carried forward||1,681,397|95,229|1,776,626|2,677,851|





## 

## 

|||Notes|2021|2020|
|---|---|---|---|---|
||||6|6|
|Fixed assets|||||
|Intangible<br>assets||14||5,124|
|Tangible assets||15|88,908|61,682|
|Investments||16|1|1|
||||88,909|66,807|
|Current assets|||||
|Debtors||17|309,374|269,064|
|Cash at bank|and in hand||2,277,548|2,393,553|
||||2,586,922|2,662,617|
|Creditors|||||
|Amounts<br>falling due within one year||18|835,031|952,798|
|Net current|assets||1,751,891|1,709,819|
|Net assets|||1,840,800|1,776,626|
|Funds|||||
|Unrestricted|funds||||
|General funds||20|1,365,069|1,531,397|
|Designated|funds|20|150,000|150,000|
|Restricted funds||20|325,731|95,229|
|Total funds|||1,840,800|1,776,626|





## 

## 

||||Notes|2021|2020|
|---|---|---|---|---|---|
|||||f|6|
|Cash flow from operating|activities||22|(55,529)|(634,773)|
|Cash flow from investing|activities|||||
|Payments to acquire tangible||fixed assets||(61,408)|(47,240)|
|Interest received||||932|8,233|
|Net cash flow from investing||activities||(60,476)|(39,007)|
|Net decrease in cash and|cash equivalents|||(116,005)|(673,780)|
|Cash and cash equivalents|at|1stJune 2020||2,393,553|3,067,333|
|Cash and cash equivalents|at|31st May 2021||2,277,548|2,393,553|
|Cash and cash equivalents|consists of:—|||||
|Cash at bank||||2,277,548|2,393,553|
|Cash and cash equivalents|at|31st May 2021||2,277,548|2,393,553|





## 

## 

## 

## 

## 



## 

## 

## 

## 

## 

## 



## 

## 

## 

## 

## 

## 

## 

## 

## 



## 

## 

## 

## 

## 

## 

## 

## 

## 

## 

## 



## 

## 

|2.|Income from|donations|donations|and legacies|||Unrestricted|Funds|
|---|---|---|---|---|---|---|---|---|
||||||||2021|2020|
||||||Unrestrictedf|Restricted<br>E|Total<br>f|Total<br>E|
||Donations||||664,301|60,000|724,301|124,263|
||Liverpool FC|donation|in|kind|312,894||312,894|219,625|
||||||977,195|60,000|1,037,195|343,888|
|3.|Income from|charitable||activities|||2021|2020|
||||||Unrestrictedf|Restricted<br>E.|Total<br>E|Total<br>6|
||Project income:||||||||
||Football &Sports Development||||2,118|454,276|456,394|301,485|
||Community|Engagement||||690,585|690,585|156,250|
||Youth Work|||||184,644|184,644|240,596|
||Education<br>&Skills||||11,221|426,550|437,771|360,788|
||Employment|&Training||||110,749|110,749|32,012|
||Health<br>&Wellbeing|||||178,289|178,289|35,556|
||Other charitable<br>income||||455,225||455,225|444,518|
||||||468,564|2,045,093|2,513,657|1,571,206|



|Income|from other trading activities|Unrestricted|Funds|
|---|---|---|---|
|||2021|2020|
|||Total|Total|
|||E|E|
|Events|income|172,497|438,814|
|Interest|received|Unrestricted|Funds|
|||2021|2020|
|||E|E|
|Interest|receivable|932|8,233|





## 

## 

||Analysis ofexpenditure|on|||||
|---|---|---|---|---|---|---|
|6.|charitable<br>activities||||2021|2020|
||||Staffcosts|Other|Total|Total|
||||E|f|6|6|
||Project expenditure:||||||
||Football &Sports Development||289(931|149,681|439,612|356,914|
||Community<br>Engagement||350,905|401,808|752,713|492,736|
||Youth Work||158,816|43,834|202,650|299,132|
||Education 8 Skills||416,020|289,190|705,210|601,793|
||Employment<br>8 Training||54,136|27,353|81,489|42,728|
||Health &Wellbeing||68,137|67,810|135,947|38,118|
||Foundation<br>Activity|||298,107|298,107|272,261|
||Support Costs||597,129|252,225|849,354|905,472|
||||1,935,074|1,530,008|3,465,082|3,009,154|
||||||2021|2020|
||||Unrestricted|Restricted|Total|Total|
|||||6|6|6|
||Project expenditure:||||||
||Football &Sports Development||59,998|379,614|439,612|356,914|
||Community<br>Engagement||176,634|576,079|752,713|492,736|
||Youth Work||16,430|186,220|202,650|299,132|
||Education<br>&Skills||267,913|437,297|705,210|601,793|
||Employment<br>&Training||1,065|80,424|81,489|42,728|
||Health &Wellbeing|||135,947|135,947|38,118|
||Foundation<br>Activity||298,107||298,107|272,261|
||Support costs||756,718|92,636|849,354|905,472|
||||1,576,865|1,888,217|3,465,082|3,009,154|



|Allocation ofsupport costs|Allocation ofsupport costs|2021|2020|
|---|---|---|---|
|||6|6|
|Governance|(see note 8)|8,400|8,400|
|Staff costs||597,129|589,703|
|Depreciation||11,051|18,868|
|Loss on disposal offixed assets|||13,276|
|Office costs||49,571|44,049|
|Legal and professional||13,639|14,315|
|Information|technology|1,350|185|
|Advertising||6,649|13,009|
|Donation<br>in|kind|138,165|109,001|
|Other||23,400|94,666|
|||849,354|905,472|





## 

## 

|8.|Governance<br>costs|||2021|2020|
|---|---|---|---|---|---|
|||||f||
||Audit and accountancy|fees||8,400|8,400|
||Net income/(expenditure)||for the year|2021|2020|
|||||E|E|
||This isstated after charging:-|||||
||Amortisation<br>of intangible||fixed assets|5,124|5,124|
||Depreciation<br>oftangible|fixed assets||34,051|33,047|
||Auditors'<br>remuneration|-|audit|8,400|8,400|
||Operating<br>lease rentals|||60,532|60,532|



## 

## 

## 



## 

## 

## 

## 

|||2021|2021|2020|2020|
|---|---|---|---|---|---|
|||Number|FTE|Number|FTE|
|Total||56|54|45|43|
|The total staf costs|and employee|benefits were as follows;-||2021|2020|
|||||E|E|
|Wages and salaries||||1,732,669|1,559,383|
|Social security costs||||156,488|137,199|
|Defined contribution|pension costs|||127,150|80,783|
|||||2,016,307|1,777,365|



||The number ofemployees<br>who received total employee <br>f60,000 is as follows:—|benefits<br>(excluding employer<br>pension costs)|ofmore than|
|---|---|---|---|
|||Number|Number|
||E90,001 —6100,000|||
||f100,001 —E110,000|||
|14.|Intangible<br>fixed assets|Booking||
|||System|Total|
|||E|E|
||Cost|||
||At 1stJune 2020 and at|||
||31st May 2021|15,372|15,372|
||Amortisation|||
||At 1stJune 2020|10,248|10,248|
||Charge for the year|5,124|5,124|
||At 31st May 2021|15,372|15,372|
||Net book value|||
||At 31st May 2021|||
||At 31st May 2020|5,124|5,124|





## 

|15.|Tangible fixed assets|Computers<br>&<br>other||
|---|---|---|---|
|||equipment|Total|
|||E||
||Cost|||
||At 1stJune 2020|97,105|97,105|
||Additions|61,408|61,408|
||Disposals|(314)|(314)|
||At 31st May 2021|158,199|158,199|
||Depreciation<br>At 1stJune 2020|35,423|35,423|
||Charge for the year<br>Disposals|34,051<br>(183)|34,051<br>(183)|
||At 31st May 2021|69,291|69,291|
||Net book value|||
||At 31st May 2021|88,908|88,908|
||At 31st May 2020|61,682|61,682|



## 

|The balance sheet positi|on<br>is as follows:-|||
|---|---|---|---|
|||2021|2020|
|||E|E|
|Balance sheet||||
|Debtors||||
|Net assets (represented|by share capital)|||





## 


|17|Dbt|||||
|---|---|---|---|---|---|
|.|eors|||2021|2020|
|||||E|f|
||Trade debtors|||113,834|116,316|
||Amounts<br>owed by related||undertaking|13,805||
||Other debtors|||133,555|133,050|
||Prepayments<br>and accrued||income|48,180|19,698|
|||||309,374|269,064|
|18.|Creditors: Amounts<br>falling||due within one year|2021|2020|
|||||E|f|
||Trade creditors|||134,457|116,673|
||Amounts<br>due to related undertakings||||25,632|
||Amounts<br>due to subsidiary||undertaking|1||
||Other tax and social security costs|||35,929|33,242|
||Accruals and deferred|income||640,310|777,250|
||Other creditors|||24,334||
|||||835,031|952,798|
|19.|Deferred income|||||
||At 1stJune 2020||||725,789|
||Additions<br>during the|year|||532,884|
||Amounts<br>released to|income|||(725,789)|
||At 31st May 2021||||532,884|



## 

## 

|||As at||||As at|
|---|---|---|---|---|---|---|
|||01.06.20<br>f|Income<br>f|Expenditure<br>f|Transfers<br>f|31.05.21<br>f|
|General funds||1,531,397|1,619,188|(1,771,891)|(13,625)|1,365,069|
|Designated|funds:||||||
|Cash reserves||150,000||||150,000|
|||1,681,397|1,619,188|(1,771,891)|(13,625)|1,515,069|





## 

## 

## 

## 

|funders for programme<br>d<br>below:—|elivery,<br>in th|e majority via t|he Premier Lea|gue. Details ofth|ese programmes|can be found|
|---|---|---|---|---|---|---|
|||As at||||Asat|
|||01.06.20<br>f|Income<br>E|Expenditure<br>f|Transfers<br>E|31.05.21<br>E|
|Football &Sports Development||20,774|454,276|(379,614)|2,812|98,248|
|Community<br>Engagement||25,342|653,258|(576,079)|1,020|103,541|
|Youth Woi'k||12,721|184,644|(186,220)|5,950|17,095|
|Education<br>& Skills||15,181|426,550|(437,297)|3,840|8,274|
|Employment<br>&Training|||110,749|(80,424)|3|30,328|
|Health &Wellbeing||21,211|178,290|(135,947)||63,554|
|Support Costs|||97,327|(92,636)||4,691|
|||95,229|2,105,094|(1,888,217)|13,625|325,731|
|Comparative<br>information|in respect ofthe preceding||period is as follows:||||
|Unrestricted<br>funds||As at||||As at|
|||01.06.19|Income|Expenditure|Transfers|31.05.20|
|||f|E|f|E|E|
|General funds||2,229,432|1,258,458|(1,967,355)|10,862|1,531,397|
|Designated<br>funds:|||||||
|Cash reserves||150,000||||150,000|
|||2,379,432|1,258,458|(1,967,355)|10,862|1,681,397|
|Restricted funds||As at||||As at|
|||01.06.19f|Incomef|Expenditure<br>F.|Transfers<br>f|31.05.20<br>f|
|Football &Sport Development||105,876|240,454|(325,554)|(2)|20(774|
|Community<br>Engagement||139,161|156,250|(264,236)|(5,833)|25,342|
|Youth Work|||240,596|(227,875)||12,721|
|Education<br>&Skills||26,362|398,814|(421,353)|11,358|15,181|
|Employment<br>&Training||27,020|32,012|(42,647)|(16,385)||
|Health<br>& Wellbeing|||35,556|(14,346)||21,210|
|||298,419|1,103,683|(1,296,011)|(10,862)|95,229|





## 

## 

## 

## 

## 

## 

## 

## 

## 

## 

## 



## 

## 

## 

## 

## 

## 

## 

## 

## 

## 

## 



## 

## 

## 

## 

## 

## 

|||Unrestricted|Restricted||
|---|---|---|---|---|
|Analysis ofnet assets between funds||funds|Funds|Total|
|||6|6|6|
|Fund balances at 31st May 2021are represented|by:||||
|Tangible fixed assets||88,908||88,908|
|Investments||1||1|
|Cash||1,951,817|325,731|2,277,548|
|Other net current assets||(525,657)||(525,657)|
|||1,515,069|325,731|1,840,800|





## 

|21|Analysis ofnet assets between|Analysis ofnet assets between|Analysis ofnet assets between|funds (continued)||Unrestricted|Restricted||
|---|---|---|---|---|---|---|---|---|
|||||||funds|Funds|Total|
|||||||E|E|E|
||Comparative<br>information|in respect ofthe preceding||||period is as follows:|||
||Fund balances at 31st May 2020 are represented||||by:||||
||Intangible<br>fixed assets|||||5,124||5,124|
||Tangible fixed assets|||||61,682||61,682|
||Investments|||||1||1|
||Cash|||||2,298,324|95,229|2,393,553|
||Other net current assets|||||(683,734)||(683,734)|
|||||||1,681,397|95,229|1,776,626|
|22.|Reconciliation ofnet movement|||in funds to net cash||flow from operating|2021|2020|
||activities||||||E||
||Net income/(expenditure)|for|year||||64,174|(901,225)|
||Depreciation<br>oftangible<br>fixed||assets||||34,051|33,047|
||Amortisation<br>of intangible|fixed||assets|||5,124|5,124|
||Profit on disposal offixed|assets|||||131|15,221|
||Interest received||||||(932)|(8,233)|
||(Increase)/Decrease<br>in debtors||||||(40,310)|64,659|
||(Decrease)/Increase<br>in creditors||||||(117,767)|156,634|
||Net cash flow from operating||activities||||(55529)|(634,773)|
|23.|Financial commitments||||||||



## 

## 

##