LIVERPOOL FC FOUNDATION ANNUAL REPORT AND FINANCIAL STATEMENTS For the year ended 31st May 2023 Char•ty No: 1096572 Company No: 04587220 lli 1111 *ACXtWV6 281Q212024 COMPANIES HOUSE A07 LIVERPOOL FC FOUNDATION Annual Report and Financial Statements Contents Page Company Information Trusiees. Annual Report 2-12 Independent Auditors. Report 13-17 Statement of Financial Activities 18 Comparative Statement of Financial Activities Balance Sheet 20 Statement of Cash Flows 21 Notes to the Financial Statements 22-37 LIVERPOOL FC FOUNDATION Charity Reference and Administrdtive Details 31st May 2023 Charity number: 1096572 Company number: 04587220 Tru5tee5: Susan Black Simon Bowers Billy Hogan Davinder Jhamat Gavin Laws Matthew Parish Linda Pizzuti Tom Werner Laura Weston Victoria Gowan (Appointed 07.06.231 Secrètary. Lynn Taylor Registèred offlte: Anfield Road verpool L4 OTH Bankers.. The Royal Bank of Scotland PIC l Oale street verpool L2 2PP Statutory Audttors: Mitchell Charle5WOrth IAuditl Limited Accountants S Temple Square Tèmple Street Liverpool L2 5RH LIVERPOOL FC FOUNDATION Trustees. Annual Report Foi the year ended 31st May 2023 The trustees present their report together with the audited financial statements of the charity for the year ended 31st May 2023. The trustees have adopted the provisions of the Statement of Recommended Practice ISORP) "Accounting and Reporting by Charities" IFRS1021 in preparing the annual report and financial Statements of the charity. The financial statements have been prepared in accordance with the attounting policies set out in note I to the financial statements and comply with the charivs governing document, the Charities Act 2011 and Accounting and Reportrng by Charities: Statement of Recommended Practice applicable to charitres preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of I￿land published in October 2019. Trustees of the charity The directors of the charitable company are the trustees for the purposes of charity law. The trustees who have served during the year and since the year end were as follows: Susan Black Simon 8owers Billy Hogan Davinder Jhamat Gavin Law5 Matthew Parish Linda Pizzuti Tom Werner Laura Weston Victoria Gowan (Appointed 07.06.231 Structure, Governance and Management Governing document The Charity is a company limited by guarantee. incorporated on Ilth November 2W2, and 15 therefore governed by a Memorandum and Articles of Association, which are subject to regular review. The Articles of Association were formally reviewed. updated. and adopted on 12th May 2021. Trustee appointment. induction, and training In accordance with the Artitles of Association and the Trustee Recruitment Policy, all trustees are appointed following a formal process and with regard to a board skills analysis. The 12th May 2021 revision to the Articles of Association included provision to increase the size of the board from 10 to 12, with up to six trustees nominated by Liverpool FC, and up to six independent trustees appointed by the board. Each trustee automatically becomes a member on their appointment to the Charity. On appointment, trustees complete a register of interests. The Foundation is committed to providing trustees with a thorough induction, and access to training. which includes safeguarding. Trustees are invited to key fundraising events, and to observe programme delivery in attion. The chair of trustees is appointed by the board. 21page LIVERPOOL FC FOUNDATION Trustees, Annual Report {continuedl For the year ended 31st May 2023 Organisation The board of trustees, which. in accordance with the Articles of Association. shall be no less than three members. and a maximum of twelve, is responsible for the overall governar￿e and strategic direction in accordance with legal and statutory regulations. Trustees meet a minimum of three times a yearand provide 5trategit èdvice to the Charitvs seniorleadership team. The Finance SU￿coMmittee, chaired by the chair of trustees, reports back to the board of trustees. A CEO is appointed by the board to manage the day-to-day operation. To facilitate effective operations, the CEO, Matthew Parish. has delegated authority, within the Charity's Governance Framework and Scheme of Delegation approved by the board of trustees annUal￿- The CEO is appointed as a trustee by the Charity which is allowed under the Articles of A55ociatron. The CEO lea(Is a senior leadership team responsible for the day-to4ay operation of the tharity. The senior leadership team comprises.. - CEO Head of Finance Governance Manager Head of Programmes Head of Partnership5 Head of Fundraising Head of Community Engagement Policy on setting the remuneration of the Senior Managernent Team The Charity facilitates a performance management framework for all staff. Remuneration of the Charit￿5 staff is overseen by the LFC Foundation board of trustees. receiving advice from Liverpool FC HR benchmarking (referring to equivalent roles across the charity 5ectorl. Risk Management The trustees are aware of their responsibilities to identify. assess and manage the risks to which the Charity is exposed and to ensure appropriate controls are in place. The Risk Management Procedures is reviewed by the board annually, the Risk Register is regularly reviewed at trustee board meetings. Safeguarding policy and procedures are in place and reviewed annually by the board of trustees. Safe8uarding is reported at each trustee board meetinE. The chair of tru5tee5 Slts on the Liverpool FC Safeguarding Management Group. Trustees receive an annual safeguarding poliry briefing by the LFC Director of Safeguarding. All staff are recruited in accordance with the Charity's Safer Recruitment Policy including DBS checks and undergo mandatory safeguarding training. Financial risks are mitigated. The Reserves and Investments policies are subject to annual review. Internal and external investment is monitored. evaluated. and reported to trustees. LIVERPOOL FC FOUNDATION Trustees. Annual Report Icontinuedl For the year ended 31st May 2023 Objective5 and activitie5 . The Charity provides community football and sports related physical èctivity. education. health, social .inclusion, and other charitable activities on behalf of The Liverpool Football Club and Athletic Grounds Limited (Liverpool Football Club). The Charity's objects are for the benefrt of the public generally. both in the United Kingdom and overseas and. in particular, the inhabitants of Liverpool. Merseyside and their surrounding areas= to promote community participation in healthy recreation by providing facilities for the playing of association football and other sports capable of improving health- to provide and assist in providing facilities for sport, recreation or other leisure time occupation of such persons who have need for such facilities by reason of thesr youth. age, infirmity or disablement, poverty or social and economic circumstances or for the public at large in the interests of social Welfa￿ and with the object of improving their conditions of life- to advance the education of children and other persons through such means as the trustees think fit in accordance with the law of the charity.. and for the general purposes of such tharitable bodies or for such other exclusively charitable purposes as the trustees may from time to time decide. Public Benefrt The trustees have had due regard io the guidance published by the Charity Commission on public benefit. Review of artivities The LFC Foundation is the official charity of Liverpool Football Club. Our vision is to become the world's leading football club foundation that change5 the lives of young people and families. We share the value5 of Liverpool Football Club - ambition. commitment. unity. and dignity. Our mission is to bring together the LFC famity to create lrfe thanging opportunities for young people and families in the most underserved communities within the Liverpool City Region and beyond. The primary function of the Charity 15 to deliver impactful activities and seNices that improve the life and health chances of children and young people, and to generate income for sU5tainability through restricted (grant funding) and unrestricted income Ifundraisingl- The Foundation mainfy operates in areas of high deprivation across Liverpool City Region, which is the most deprived city region in England. We strategically target our work in the most deprived areas by operating in schools, community facilities, parks and open spaces to ensure we are able to en8age directly with these hard-to-reath communities. 41page LIVERPOOL FC FOUNDATION Trustees, Annual Report {continued) For the year ended 31st May 2023 Review of activities (continued) We deliver our programmes across six key areas.'_ Sport and Physical Activity Health and Wellbeing Education and Life Skills Employment and Training Community Engagement Youth InteNentions Foundalion LFC Foundation: This is The Liverpool Way Strategy Overview 2021- 2025 Driving Sustainable Social Impact O'J'.L' By2025 we wlll: AIDUCED (iWLiiII 16 swiAsn(* si 17 SUSTAINABLE F¢x more Inform(thn 51Pa#e LIVERPOOL FC FOUNDATION Trustees, Annual Report (continuedl For the year ended 31st May 2023 Our key partner organisations who support our programmes financially include'.- Premier League Charitable Fund IPLCFI Professional Players Association IPLPFAI Steve Morgan Foundation Liverpool Football Club Merseyside Police Merseyside Fire and Rescue Service Action for Children Home Office Liverpool City Council Knowsley Council Sefton Council Standard Chartered Foundation Kodansha SC Johnson Nike Wasabi Islamic Relief The National Lottery Community Fund Alder Hey Children's Hospital The Learning Foundry Violence Reduction Partnership Karlsson Jativa Charitable Foundation Regenda Housing James Milner-Foundation 61Page LIVERPOOL FC FOUNDATION Trustees, Annual Report (continued) For the year ended 31st May 2023 Review of activitie5 (continued) The lotation of our programme delivery continues to expand. Anfield Sport and Community Centre remains our home, but we deliver across schools, parks, pitches, leisure centers and community settings across the Liverpool City Region. We also run programmes with our internat￿nal charity partner Right To Play in Senegal, Tan2ania and Thailand. We also have our Global Works programme in New York and New Jersey in partnership with the Standard Chartered Foundation. A breakdown of our programme5 is shown below.. Premier League Primary Stars- works with local schools to develop skills and ambition of young people aged 5 to 11 years. in both a sports and classroom environment. The programme is offered free to all Primary Schools in the L4.5 & 6 postcodes and Kirkby. Premier League Inspires- uses the power of football clubs and the Premier League to engage young people who are not involved in education, training or employment and raise aspirations. It is delivered within High Schools in Liverpool. Into University North Liverpool - an education projert run by national education charity Into University in partnership with the University of Liverpool and LFC Foundation, which aims to engage children and youn8 people in areas of high deprivation. raise their aspiration5 and support them in their academic studies. County Lines (Home offi.tel - LFC Foundation and Mer5eyside Polite have joined forces to help address the issues around youth and gang crime in conjunction with schools in Mer5eyside. This highly targeted programme provide5 Students with key skills. confidence and the resilience needed to overcome obstacles and choose the right pathways in life. #iwill - £1.23m match funded project which seeks to increase participation in social action by young people aged 8 to 14 years old. The aim is to embed social action in young people's life choices, so it becomes a lifelong behaviour. We also have an extension project that sits under the #l Will umbrello and focuses on engaging with young people from SEND and AlternatNe EducatTron settines. Sport Works - Targeted employability intervention working with young people aged 16-25 who have a passion forsport. The programme aims to upskill young people with the right qualification5 to pursue a career in sport whilst supporting them with employability skills along the way. Delivered in partnership with Regenda Housing and with funding from PLPFA. Youth Works - working alongside Liverpool City Council to recruit young people with a passion for youth work into the sector. The programme will see eight young people trained up as fully qualified youth workers through a two-year apprenticeship overall supporting the ciws youth provision. This is funded via the PLPFA. Street Soccer - A focused 12-week employability programme for homeless young people aged 18.24. The pro8ramme develops employability skills through group work sessions whilst using football as the vehicle for engagement. Kicks Targeted- targeted 1-2-1 youth programme to SUPPOrt those identified by the local police into positive pathways. 71page LIVERPOOL FC FOUNDATION Trustees, Annual Report (continued) For the year ended 31st May 2023 Review of artivities {continued) Volunteering- Our volunteering programme is delivered across our community hubs and with our university partners. Go Play - our family multi-sport and physical activity project designed to supporting families to be more active together- utilising parks, community venues and open spaces across the Liverpool City Region. The PL Kicks programme continues to support and engage teenagers at risk of crime. The programme now also incorporates our disability ar)d girls football provision. We have expanded our Kicks delivery and set up SMF" Kiik5 wliiili %ire riew sessioris fuiided tlirougli Llie Steve Morgdll Fuundation. Premier League Kicks Football+- a joint initiative with Merseyside Fire and Rescue Service helping to reduce anti-social behavior and criminal activity and encouraging long-term personal growth and development. We have expanded our offer to include an Inclusive programme and Eirls only provision. Holiday Football Camps- We provide a Iow-c05t football camp offeralong5ide free camps delivered in Anfield, Kirkby and Toxteth. Mini Players- paid for coachinE session for young people aged 4-6 years old. Girls School Football-we deliver sessions for girls at lunchtime or after school across six Schools in LNerpool. Military Veterans - supports veterans in Liverpool City Region back into civilian life by offering football coaching sessions and local tournaments. This season we have expanded our provision to have a bigger emphasis on older veterans and supporting veterans, families. MOVE - This programme is delrvered in partnership with Alder Hey Children's Hospital. We support young people living with Cystic Fibrosis, respiratory conditions and endocrine patients in a hospital setting, supporting them to take part in physical activity in a community setting. We have expanded this model with fundin8 from the PLPFA to include asthma and endocrine patients. SMF Kicks - The funding from the Steve Morgan Foundation has enabled us to grow our Kicks programme expanding our hub sites across the Merseyside region. SMF Works - Employability pfoEramme funded through the Steve Morgan Foundation, which seeks to support young people into work. education or training. Creative Works- Funded by Club sponsor Kodansha. is a programme that works with 14-25 year olds to build transferable skills that will improve their chances of finding a meaningful career in creative careers. Working with key external partners across school and community engagement programmes. SMF SEN Schools - We deliver PE sessions in IS SEN schools across Mer5eyside funded via the Steve Morgan Foundation. SMF Community Hub5 - We have created a community wellbeing hub model which allows us to support community sites across six areas of Merseyside creating "community hubs" We have supported each hub with facility refurbishments and are now runninE our programmes from these hub sites. 81Page LIVERPOOL FC FOUNDATION Trustees, Annual Report {continuedl For the year ended 31st May 2023 Review of actlvlties (continued) Game On-a multi-sportprogramme in partnershipwith the PLPFAand Nike. This programme 5UPPOrtsyoung people to try new sports creating a pathway into local sports clubs. We also run a coach mentoring programme through the additional funding frorn Nike. Player Development Centers- Paid for grassroots football coaching programme. Trent Alexander Arnold Games Progrnmme- Fun football play sessions for children aged 4-6 years old. On Target- a school mental health programme funded by the PLPFA and Action for Children. Robbie Fowler Education Footboll Acaderny IFEFAI - We partner with FEFA to deliver a post 16 education and football offer. Onside (Alternative Educationl- The Orbside. programme funded by the PLFPA aim5 to support a wide range of young people aged I1-16-Year￿[d in schools across Merseyside. The programme targets those who are at risk of leaving mainstream education andlor on the cusp of criminality and identified by Merseyside Police. Sound Minds - A music and mental health programme funded by the Karlsson Jativa Charitable Foundation 5uppuI Illi¥ yuung peoylv Iu lildlldge Ilieir Irierital wellbeing effeitively. Red Hot Beats- A series of community-based workshops using musTrc, art and dance to enhance the mental health of young people and also their knowledge around theirown mental health. The young people are from disadvantaged communities and the programme uses the hook of music and sports to develop core skills of resilience and coping strategies. Smile Squad Smile Squad is a dental hygiene programme delivered in partnership with University of Liverpool School of Dentistry and Dan Collins la Merseyside based dentist). The first element of Smile Squad focuses on visiting Primary Schools to perform dental checks and provide educational materials as well as making dental hygiene part of the children's classroom routine. Referrals are then rnade to Liverpool University Dental Hospital for free treatment if necessary. Smile Squad occasionally also takes place in community setting by performing dental checks on Foundètion participants at one of our hubs. We Empower-we Empower isan allyship programme with a fotusonfemale empowem)ent. Working with both boys and girls in primary and secondary schools, the programme aims to empower young people to make positive change in all areas of life and champion empowerment and al￿ShiP wherever possible. National Citizen SeNice INCSI is a youth programme targeting 16-17 year-olds to encourage social mixing and community engagement taking place across summer and autumn holiday periods. Global Works is a sport-based employability programme delivered across New York and New Jersey that also LUIIIPTise5 corporate menloi.ing drid Idilored iareei 5UPPOrt that talEet5 those furthest froin tlie job Illdl ket. Target - 160 participants each year. Man2Man - a new men's mental health programme in partnership with Sean's Place a Liverpool based charity supporting men from across the region. 91Paue LIVERPOOL FC FOUNDATION TrusteÈ5' Annual Report (continued> For the year ended 315t May 2023 Intemational Development As the official charity of a truly global football club. the LFC Foundation has always aspired to develop its international reach and impact. In October 2020 we launched the 'Side by Side. campaign, whith is our official charity Partnership with Right To Play an International charity that U5e5 Sport & play to empower children in some of the most underserved communities in the wodd. Currently we are operating in four high need communities in Bangkok. Thailand. We also partner on a Girls Empowerment programme in Senegal and a school engagement programme in Tanzania. We have also been engagin8 the global LFC famify through a new initiative called the This Means More ChallenEe', which encourages our Official Liverpool Supporters Clubs {OLSCsl to do something positive for their local community and take part in fun & Creative challenges. Since February 2022 we have had two LFC Foundation staff based out of the Liverpool FC Office in New York delivering our 'Global Works, programme that includes offering mentoring and employobility sessions to young people in New Jersey. The work is run in partnership with the Standard Chartered Foundation. In November 2022 we launched a partnership with three pro