Stoke City Community Trust (A company limited by Guarantee) REPORT AND FtNANCJAL STATEMENTS 31 Augusi 2021 'AAY9ZEEW* 2110212022 COMPANIES HOUSE A18 #320 Company Re￿StratiOn No. 04875877 R¢gister￿ Charity No. 11041X)6 Stoke City Con]munity Tn]st CONTENTS TRUSTEES, A￿NUAL REPORT STATEMENT OF TRUSTEES, RESPONSIB1Lrr￿ tN TIIE PREPARATION OF FtNANCIAL STATENWTS tNDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF STOKE CITY COMMUNrrY TRUST 10 STATEMENT OF FINANCIAL ACTIVITtES (INCLUDfNG INCOME AND EXPENDITLFRE ACCOUNT) 13 BALANCE SHEEr 14 STATEMEKf OF CASH FtL)ws ACCOUNTING POLICIES 16 NOTES TO THE FfNANCIAL STATEMENTS Stoke City Cornmunity Trust TRUSTEES, ANNUAL REPORT BEFbR£NCE AND ADMINJSTRATIVE DETAILS REGJSTERED CHAIUTY NUMBER 1104 COMPANY REGISTRATION NUMBER 04875877 COMPANY SECRETARY J Pelling TRUSTEESIDIRECTORS JF Coates (appointed 18 Jan 2022) AJ Scholes (reSI￿ed 12 Jan 2022) R Flello G Melloi D Smith J Pelling C Iw¢lumo AUDJTORS RSM UK Audit LLP Chartered AccounlanLS Festival Way s￿ke on T￿nI Stsffordshire STI 5BB BANKERS Barclays Bank plc 118 High Srreei NewcaSile-under-L￿Th¢ StaffordSh￿C STS IPT PEGISTERED OFFJCE bet365 Stsdium Stanl¢y Matthews Way Stoke on T￿llt s￿fford$h￿e England ST4 4EG Poge I Stoke City Community Trust TRUSTEES, ANNUAL REPORT Trustees Annual Report Th¢ Report and Finxn¢ial Statements, which relate to th¢ year ended 31 August 2021. ar¢ presented by rh¢ Trustees of Stok¢ ary Commwiity TrttsL who are also DIreu0￿ of the Charitable Company for the PUry05es of Charity law. Structure Governante and MaDgJ eo)ent Stoke City Communiry Tnkst is a company limiied by gu&rante¢ arml does not have any 5haff ¢apital. It is governed by the MemoAndum and Arthcles of Associatton dated 18 July 2014 and became a registe￿d tharity on 28 May 2CN)4. A review sy51em is in pla¢e 10 moniior the income. expendiftlre and performance of the Trt￿t, en5urinE thai appropriate managemettt information is produced on a iegular basis including an atmual budget. which is appioved by the Tn￿te£S, regular consideration of financial ￿ults and identifi¢ation and managemeni of risks. Key mana8ement petsonnel remunerxuon is d￿em]I￿ by the Tntsiees. ointment of Trustees The 5kn11 set of the board of mjstees is reviewed and compared to the requtrements of the charity to achieve its obJectiv¢s. Where ther¢ ate gaps. th¢ trusi¢es to make appropriate appoin1n￿nts of individuals with the required skills and ¢xperien¢es by an re¢ruittnent process. Truste indueti n and trainin All new Tn￿teeS receive an induction meeting with the Chair of Trustees and then spend time with the ¢harity's management tety￿ obserying how the charity's objectives can be achiev¢d. Should any additional specialised tralning be required then appropriats train￿E arrang¢￿ts are in place. Risk mana ement rocess The Trustees review the major risks io which the charity is exposed - in particular, thos¢ relating to ihe op¢rations and fu￿nCeS- atxt are sausfied that systems and proceAlures are in place to miitgai¢ any exposure. The principal iisk identified by tht Tru51ees is Safegwarth"ng. This is managed via the Risk Framework review pr<￿$. In adth"tion. procedures have Ixen pul in pla¢e io ensure compli￿e with the health and safety of staff and all those who participate in the various projects of the Tft￿t. A Safeguarding Panel h&$ been set up to en5Ute that all regulations &e adhered to with regard to conts¢t with children and vuln¢rabl¢ adults. Reserves olie The Trnstees have examined the charity's requiremeftts for reserves in the light of the main risks to the organisation. li has established a poliey whueby unresrricted funds. noi committed or tnvested in tangible fLxed assets held by the charity (wTru"ch equal free reserves). should be no les5 than 12 months of the unr¢stncied expendiiure of the charity to enswe that there are sufficient r￿erVeS 50 that the Trust ¢an continue a5 a going concem duting any adi'et5e period. Free reserves ai Aug 2021 were £95 Ik {2020.. £1.002k). In the current COVID-19 ptevalent climate in the UK the Trusiees consider it prudeni to keep the free teseTres at a ku.gh level. ertsal Controls The intemal control system ertsures thai income. expenth"ttLre and perforniance of the Trust is wefully monitored and is d¢signed to provide reasonable ￿urance$ against material ryusstatement and loss. including-. 'An Annual Budget approved by the Tntstees 'Re8ular cortsideraiion of financial results tyIdeAtifi￿tion and managerrfnt of risks The Trusiee5 have given due ¢onsider81ion io ChaTity Commission published guidance on the operatiorj of the Public Benefit requirem¢nt. Page 2 Stoke City Community Trust TRUSTEES. ANNUAL REPOR T Financial Review Detail of in¢ome and is ptovided in the Notes to the Financial Ststements and is summarised below.. The Restricted tncom¢ was lower w 2021. This was primarily due to the fact that:_ -Ihe Schools Fooib211 Programme ceased in Augusl 2020. -Primary Stars was budgetel to be re¢¢iv¢ only PLCF funding in 2021. -the NCS programm¢ was impacted by the Covid-19 pand¢ru¢ and so scaled back accordingly and -the RISE programme was budgeted io receive both lower PLCF and match fi￿d￿8. Descri tiOD Restricted income". Un-RestricÈed Incomc= Total Income: Total Resourets Ex ended: Un-Restti¢ted Reserves". Restrict¢d Reserves". Total Reserves". 2021 £647 £496 £'ooo 2020 £1.085 £520 £'ooo £1 15 £951 £216 £1,167 £1.002 £338 £iJ40 The Trust utilises the p)wer and passion of the Club to transforn) lives in and arowid Stoke on Tmit, North Staffordshite. Easi Shropshire. South Staffs and South Cheshire, with the aim to help people fulfil their potentsal and ￿ be more anvolved. healthier and empowered members of theii community. The Trust fim)ly klieves that its influence and reach will allow it ro make a positive difference io the health, wellbeRng and life outcomes of those participants who engage in its activities. Furthern)or¢. the Tnjst intends to follow a person cthrred approach by PTovidAng OPFM)rtuniiies for panicipants to progre&s into volunteer and pan time emploJThent OPFortimities with the Club. The chan.ty not ortiy contributes to educAiional and skills development l)ui also. via football and the Stoke City brand. makes an irnpaci on prominent issues. such as health. regeneration. crime, community cohesion and employmetll. Stoke City Community TTUSI aiThL% to b¢ a public benefit io its l(xal ¢ommunity, without discrimimatson. via th¢ two bTOtd projeci PlatfOrn￿ of Sports Parti¢iptton and Education/t£arning, in order to provide parti¢ipants with opportwiities and io improve their lives for the b¢tter. The Trust's main activitles I￿"S year are oudined below. A¢bievemeDts aud Performance The Trnst's a¢tivilies are based ¥Jou￿4 the strong and meaningfijl pannerships focused around delivering quality projecis promoting sports. being a¢tive. generdl wellbeing and creaiing educalion and emplo￿ent opportLuiili&s that will change the lives of those living in the charity'S10¢81 community. Th¢ key fwus areas of the Trusl are Sp)rt5 DevelopmenL FAluCatiO￿ Training and Employine Community Inclusio￿ Disabiliry and Health as well as supporting various charlty initiatives around North Staffordshire. The Trust has a ¢OTDmitted and Skill￿ workfor￿ of 49 fv11-lim¢ ¢ontracied membets of staff and 31 casual staff who aim to engage and inspire Ftople on a daily basis. Covid19 The rnajority of the Restricted Projects are fimded by the Premier t£ague Charitable Fund (P￿F) and as al August 2021 they are just tompleting the second year of a thre¢-year contra¢ied furtding ¢y¢l¢. Thcse Page 3 Stoke City Community Trust TRUSTEES. ANNUAL REPORT projects have continued during the Covid-19 p4ndemi¢ the Tn￿r has received ihe fjjnding for all of its PTOje¢ts. The main non-PLCF fi￿ded Restricied Project is the National Citizen Service. which is funded by the UK Government. Boih the Autumn 2020 and Swnmer 2021 programmes went ahead although with more limiied participant nurnbers. The Tnjsi awaiis th¢ Swnmer 2022 contract. although it expects the fiJnding level to be similar to the prior year. With regard io the Un-Restricred activities the Trust's primary financial responsibility is to ensure that it remains A going concern and adheres to irs reserv¢5 policy. The Trustees believe that the Tnjsi remains a going concern because it has both S￿￿1¢lent general reserves and un-restricted cash to abg)rb considerable un-restricted income sknrtfalls. should they arise, in the forthcoming year. As is nomial for all thariti¢s. the charity is dependenl irthme streams such as grant monies which may not re0￿Ur. The Trustees have review¢d the financial forecasts and believ¢ there are adequate resowces wFu"¢h will enable the trusi to meei its liabilines for at least One y¢8r from the date the fmancial st8iemenLS are signed. For this reaso￿ the Tru5t¢e5 have adopted the going concern basis in preparing the finan¢ial ststements. orts D¢velo me eets delivered iti 2020-21 li has been another challenging and ynpreced¢nted 12-month period in the history of Stoke City Community Tru$t. The Trust had to deal with the second wave of th¢ COVtD-19 outbreak. However. Stoke City Comrnuruty Trust has continued io serve the people of NoTth Staffordskne and the suJrounth"n8 area, reinforcing the Tn￿t'S reputstton as a uitical ptovid¢r of supN)rt ￿ the area in su¢h challenging times. COVID.19 and the National lockdowns had a 5i8nificant impact upon the reach of the majority of our UFiresiTi¢ted programmes. However. the Community Trust was able ro adapt, where necessary. a number of r¢stricied programmes by tra￿ltiOning io a digital fornut. Throughout the year the Communiry Trust delivered over emergency food parcels to households aeross Stoke on Trent. tball Devel me t The Trust provid¢s a StruCtu￿d pathway of OPPOTtunity where young people, from the age of three. c4n fujd a level of ability and if idenbfied as showing piomise are then signposted to programmes that could lead io them Joining the Club'5 Advanced T￿ning Centres amd, ultimat¢ly, the Academy. Identical pathways 8re aLw in place for l)oth the girls and the disabtlity fooiball development programmes wlu.ch have led to several players receiving internation41 recognttion. The Tn￿¢ will continue to provide io the18rge maJ￿]ty of our participants. most rif whom are young people. the opptsrtwiity to play as mu¢li football as possible. However, due to the national lockdovms the opportunity for actsvlty was limited this year. The charity's in*rnaiional 5Ctcer school progranv￿ also suff¢red due to the COVID-19 travel restrictsons put in plac¢_ & Edu¢8ti n F Tball Allwice Aimed at young adults aged 16-18 who have a passion for football and a desire to progress to University or work in the sports industy, the I I v I I prograrnTh￿ allows them to srudy ai college and represent Stoke City in the English F￿tball IAgue's Community & EdU￿ri0n Football Alliance J2ague. SWDe ee Pro Stoke City Community Trusl's Th¥o.y¢ar Foundauon Degree progr&mtr* As a course designed for Individuals warhtill8 to attain a university qualifi¢aiion and who are passionaie about pursuing a career in the SPOTts industry. SDJdents develop the ne¢essary skills. qualities and chaTrct¢ristJcs th•¢ are required to work within a professional football ¢lub ¢ommuttity department or national governing body. Delivered in Poge 4 Stoke City Community Trust TRUSTEES, ANNUAL REPORT parthership with the University of South Wales, all l¢ctur¢s. seminars and ￿torialS are delivered in supportLV¢ and inspirntional rlub envtrorunent via online mateiial. Students will complere up to 200 hours of voluntary coaching within the ¢omJn4UUty. aloDgsid¢ the comm1￿llY Twst and Academy staff. Wild¢a Wild¢ats is for girls agcd 5-1 I who want to g¢t involved with football for the very r￿sE tim¢ or want the OppO￿lty io play with other girls their own age at venues across Statyordshire. The delivery output of this prograrnme was affected by the pandemic. Mums Pla This pioject is designed to create an environment. for Staffoi(tshire's dÈverse female community, which is comfortable, enjoyable and flexible by encouraging them to either lace up their iM)ois fow the fust time or make a reDm) io women's football. io al Talent RT Our RTC is an enhanced coaching ¢entr for UIO. U12. U14 and U16 age groups which allows pla￿r$ ideniified as having elile PO*ntial the OPPOTfunity to ac¢ess appropriate levels of coaching and support. Jt is one of only 34 RTCS in the county. Dads & Dau hte The programme aims to in¢rease physi¢al activity levels. S￿rtS skills social-eTrKJlional wellbeing of girls aged 5-1 l years by challenging stereotypes about playing sport and ph￿ical activity. wh]"Ist also increasing the confidence of fathers and their ability to act as role models in relation to their daughiers, p&tcApation. Edueatiots Traini and Ern lovment ro ects delivered ID 2021k2 Stars The Trust's Prirnary Stars initkative uses the inspkration and fijn of sport to connect pupils. learning io the woi'ld around them. The charity'5 focus on Primary Stars f(Kusses on upskilling teaching staff through delivering Continuin8 Pmfessional De￿lOPMent (CPD) as well as Physical Educatson based sessions. where young people ale encouraged to develop their Numeracy, Literacy and Enterpnse skills in an active environmeni. The initiative also aims io increase chJ"Idren's parttcipatson and enjoyTrent in sportlphysical acttvity and to support talented c￿"ldren into progression pathways. Premier Lea This programme provides guidance and support io pupils in secondary schools and focusses on providing young people with pro-active menial health skills. The pr(>gramme supports young people transitioning from primary to seeondary schwl, w￿lSt providing positive mentoring experiences designed to increase )sitive lifestyle choices. Trdine¢sh" Thi"$ programm¢ is designed to engage young people aged 16-19 who are w7employed and provide them with work taster and placement opw)rtunJtses, literacy. numeracy and employability education An older ro make them work ready. Communi Inelusion Disabili and Hultb ects delivered in 2020-21 RISE ThJ"s programme supports young people to make changes or better cope with ￿rSonal"1sSUes with the aim of reducing school and social exclusion and criminal child cxploitation. Sessions ma1￿Y take place throughout the school day but a number of s￿13[ xtivilies and additional supFort sessions are also available tn the evening. Stoke City Conununity Trust TRUSTEES. A￿NuAL REPORT This project provides diversionary evening activittes to reduce crime arLd anti-%)cial behavior within some of the most deprived communities in Stoke on Treni. Kicks also works Closely with a vaTiety of partriet3. including Sraffordshire Police, io understand the larget aE¢as. The Nati nal Citizen Seryice cs NCS is a non-terni time volw)teering PTO8ramme for young people aged 16-18 yeaTS old. d¢si8ned to build their skill-set for work and life as they tske on new challenges artd make n¢w h"ends. This year the young peopl¢ were unable to benefit from the residentsal trips, however the resi of the activities including i¢am buildin& fun and games. life skn.lls and Social Actton took place under a three week model. Pr¢mier J2a e Kicks Tar et¢d This programme aims to provide one-lo￿le supw)rt to young people identified as vuln¢rable or on the p of gang youth violence. IITW entorin Year 4 of the Opportunity Area saw the rollout of the Football Twinning Mentoring Project. The project supports yowig people at risk of social exclusion and uiminal child exploilation. A5 pan of this projeci the Trusl will be sharing its methods and ways of working with R￿herharn Unit¢A Community Sport5 Trust and developing their offer to work with young people wh) are disadvantaged. vlllrterable or at risk of falling out of educatson. employmcnt or training. Football Fams in Tramin A progtamme aimed ai engaging tnen and women with a BMI ov¢r 25 to lake part in tegular physical activity and healthy lifestyle choices. with the aim of losing weight and sUStaining weight loss. Walkm Fth)t A progTamme which provide5 both imformal and formal weekly football sessions aimed at decreasing the numbers of inaetive males and females aged 50+ across North Stsffordshire. The protsramm¢ encourages them to keep fit and healthy by playing a sport at a I￿ ¢ornpetstsve and demanding level. ived Ex rience Working with a range of yourlg indl'viduais who have had rnore thffieuit life experiences than mosL ihe project aims to encourage th¢m to make N)siriv¢ lifestyk choi¢xs and learn from L4"ved Experience Mentors. Ph i¢al Thera Session In partnership with 'Goal Difference, our physical therapy sessions bring rogether groups and individuals who are looking to beg￿ or to return to sport and physical activity. Thank You f ryollr Su ort Wlu"Isl fully dependanl on the continuing patmersh]"p and support of Stoke City Football Club. the Stoke City Commumry Trust also relies heavily on the support of many paThers and organisahoy)s in order io continue moving forward. PTunarily. they are the Premier ￿ague Charirablc Fund, the Prem>eT L¢ague. PTofessional Foo￿alleTS. Association. ihe English Football txague TrusL Stsffordshire County Council. StaffordS￿"re Poli¢e Fire and Crtme Commissiofter. City of Stoke on Tient Council and the StaffoTdshire F¢Jotball A￿￿la￿on. The Board of Trustees is indebted once again w all those who have made a Si￿]rIcant contnbution to the TNsl's progress over the past 12 months and they look forward io WOFkJ"ng with those and new parthers in 2022. The Trustees would like to thank the Football Club's Head of Commurrity Adn'an and his staff ift the Community Trnsi for their dedication and hard wolk thToughoul another successfvl wiod. which has Page O Stoke City Community Trust TRUSTEES, ANNUAL REPORT resulted in excellent oulcomes and results on¢¢ again espe¢ially in Ilght of the ¢hallenges placed upon the Trust's aelivities by COVID-19 restriciions. Th¢ Trustees would like to a¢knowledge and tharth its oulgoitig ChairnIa￿ Tony S¢holes. for lus contribution to the Trust over the pasi 18 years. Tony lefi Stoke City Football Club in Januw 2022 arkd he leaves wilh thanks and best wishes for the fijture from the Trustees. Future Develo ments The Trust will resp)nd to any potenlial parlner and commwiiry needs as North Siaffordshire moves oui of rhe National COVtD-19 lockdown reslTi¢tions and any subsequent recovery plans. Moving forward the Stoke City Community Tr¥Jst will focus on maintaining and Lt To ensure people know w.ho we are and what difference the Chariry makes in North Staffordshjre. South Cheshire and the suTrwidAng ateas. > To coniinut to ¢onnect Stoke City Fooiball Club to the local community. To ensure the Twst recruits. trdins. and develops staff10 be kn.gh quality practitioners in their fields of expertise. To be known as a quality provider of services and aciivitics thai leads Feople, funders, and organisaiions wanting to te involved with th¢ ¢harity. To geneTaie fijrther suppoN from fan5. the business commwiity and individuals ihrough our fimdraising activities. Future New Aetivi To liaise with the Trust's panners in order to continually improve the delivery setvice for the benefit of the partLCipants and the wider local community. Areas of inietesi include." Aduli weighi management Mentoring young people Fooiball tWiMLng project (in ¢onJunction with HM Pn'sork Service} Offers of aciivity for dementi• groups. ¢are ho￿￿$. carers. and genernl.h¢alth & wellbeing projects. > Incorporaie youth social action across ¢orc programmes. > In¢orporAie aspects of Eenernl wellbeing into 311 programmes. Continue to deliver the Pre￿Ier l£aEue Charitable Fund and English Football Ixague projects. > To ensure that all sessions are inclusiv¢ and free of discrimination. > To contiJJue to offer the NCS programme io the young people of Stoke on Trent and staffOrds￿re. > To utilise th'fferenr communication channe15 with the aim of promoting the positive impact of the Comrnu￿ty T￿$1 to a wid¢r audien¢e. > The Trust's plans for growth conlknue to be reframed due to the eonlinued and uncertain impa¢t of the pandemic. Whilc many of our pro￿8MmeS hav¢ long-tenn growth potential, in some cases this potenttal may bc temporarily limited by COVID-19. The Trusr WLII contitlue to do everything it ¢an to provide services safely. including Tedesigning and reirnagining services and the way which ihey are delivered. tat¢mettt #5 to di5closvre of infortD&tion t Auditors The Trustees who were in office on the dale of approval of these f￿an¢111 ststements have confumed. as far as they are aware, Ihat there is no relevant audit information of which ihe auditors are unaware. Each trnstee has confirnied that they have taken all steps rhat ihey ought lo have taken as Nstees in order io make themselves 2wate of any relevant audE'I information and to establish that it has been communicated to Ihe auditor. Page 7 Stoke City Community Trust TRUSTEES. A￿NUAL IiEPORT Auditor RSM UK Audit LLP. Chartered A￿Ountaftts. were appointed audilots by the company at 28 September 2010. Pursuant to Section 487 of th¢ Companies Act 2006, the 8uth"tOTS will be deemed to be re-appoinied and therefore Baker Tilly UK Audit LLP will continue in office. This report I￿S been prepare4J in ac¢ordan¢e with th¢ provisioris appliubl¢ to companies ¢nhtl¢d io the small wmpanie5' exemption. Approved by the Irust¢es and signed on their bthalf by: John Coates Dbiector and Trustee 2022 Page 8 Stoke City Community Trust STATEMENf OF TRUSTEES. RESPONSIBILITIES fN THE PREPARATION OF FTNANCIAL STA TEMENTS The Trnstees (who also the direciors of Stoke Ciry CowLmunity Trusi (a company limited by guarantee for the purposes of company law)) are responsible for preparing the Tnjstees, Rep)rt and the fman¢ial statements in accordance with applicable law and Uniwi Kujgdom Accowiting Standards (United Kingdom Generally Accepted Accounting Praetice). Company law requires the Tn￿ee$ to prepare finartcial statements for each financi21 ￿riod wtu.ch give true and fair view of the 51ate of affairs of the charitable cornpany, of the incoming resources and application of resourccs, including the incorne and eX￿nditure of the charitable company, for that period. In preparing these finan¢ial sl4lem¢nts, th¢ Trustres ate required to." selecl suilable accowlting Folicics and then apply them consistently. observe the metws and principles in the Charitse5 SORP. make Judgements and estimare5 thai are reasonable and pruden¢" stare whether applicable UK Accounting Standards have ￿eft followed. subject to any material deparrutes disclosed and explained in the financial statements" and prepare rhe financial statrmenls on the going concem basis UAless it is inappropria* io presume'that thc chariry will contitiue in business. The Truslees aJe responsible for keeping proper accounting records ihat disclose with reasonable accuracy ar any time the fLnancLal position of the eharitsble CoMp￿Y and enable them 10 ensure that the fLnancJal statements wmply with the CompaThies Aei 2006. They are also responsible for safeguarding the as5¢1s of the charitable company and hence for taking reasonable steps for the preveniion and detection of fraud and other irregularities. Page 9 tNDEPENDENT AUDrroR'S REPORT TO THE MEMBERS OF STOKE CITY COMMUNITY TRUST Opinion We have audited the financTal sxatements of Stoke City Community TTU51 {the 'charitable coryany.) for the year ended 31 August 2021 which comprise the Srarement of Financial Activities (including the Income and Expenditure Aecount), the Balance SheeL the Siatemeni of Cash Flows and no*s to the financial statemenrs. including a sumtjvdry of significanr accountsng policies. The financial rep)ning franxwork that has been applied In Iheir preparatign is applltable law and unl￿ l&"ngdom Accounting Stsndard& including FRS 102 'The Financial Reporting Standard applitable in the UK and Republic of Ireland" (Umied Kingdom G¢D¢rally Accepted Accounting Practice). In our opinion the Fina￿la7 staiements= grve a true and faTr view of the #ate of the charitable company's affairs as 81 31 August 2021 and of its incoming resources and applrtation of re50ur¢es. including its incoTh* and expendlture. for the year rhen have been properly prepared in a¢cordan¢e with Unitsd Kirffddom GEnerally Accepted Aeeounting Pra¢¢ite: and have been prepared in accordance with the requirements of the co￿￿3￿]eS Act 2006. Basis for opinion We coThJucted our audit in accordance wrth International Srandards on Auditsng (UK) {ISAs (UK)) and applicable law. Our ￿SpOnsIbl11ttes under rhose stsndards are further described in the Auditor's responsibilities for the audit of rhe ftnancial staiements 5ectson of our rep)rt. We are independent of the charitable coinpany in accordance with the ethical requirements that are relevant to our audrl of the finantial State￿￿n[S in the UK including the FRC'S Ethical Standard and we ￿ve fulfilled our other ethical re5porksibilitie$ in accordance wth these reqUIren￿n[S. We believe that the auditevidencg we have obtained is suffrcient and appri)priate to provide a basis for our opinion. Conelu$ions relating to going concern In auditing the financial statements. wt have cOr￿l￿ded that the trU￿s. of the going COn￿M basis of accounting in the preparatlon of the financral thtements TS appropriate. Baod on the work we have perft*rn*d. we have rK)t idenlified any material unctrtainiies relating to events or conditions that, Individually oi colleciively. may ca4 significant doubt on the charirable company's abFlity to contrnue as a going concern for a period of at leu tw¢lve nKJnrhs from when the fjnancial sratrments are authoTised for issue. Our respon*bilities and the responsibiliiies of the tThstee5 with ￿SPeCt ￿ going concern are described in th¢ rel¢vant settsons of this report. Other inform*tio other infonnafion ctsryrist5 the infomiation included rn the Annual Rew)rt (Mherthan the financial Matements and ourouditOT'S report thereon. The IT￿tesare Tesponsible for rhe other information contsined within the Annual Report. Our opinion on the financial ststeTneniS does not ctsver ihE Other infomtion and, except to the extent otherwise explicitly 5l¥ted tn our repo¢ do not express any fonn of assuTanct corflusion thereon. Our responsibility 15 to Tejd the other infomtstson and, in doing so, consider whether the r)rher information is materially inconsistent wirh the financial ststenynts or our knowledge obtained rn the course of the audit or otherwise appears to be materially miS*ated. If we Identjfy such maierial inconsistencies or apparent material rrus5tatements. we are required ro determine whether this giv¢s rise rts a moterial misstatemenl in the frnancial ststements themselve& If, based on the work we have perfOrn￿d. w¢ con¢lude that there is a material misgtatement of this other inft)rmation. we are requlred ro report that fact. We have nothJ"ng to report in ttu"s re8ard. Opinion5 on other m*tters prescribed bw the Companies Att 2006 In our opinion. based on the work undertaken in the COUf5e of the auditr the inforn)ation given in the Twsiee5' Repoo wthich intludes the Director5. Report prepared for the purposes of company law. for the financial year for 7*hi¢h the financial ststemenis are prepaJed is C0Tr5lStent wth the financial staten*nts: and Page 10 INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF STOKE crry COMMUNITY TRUST the Directo￿, Report included within the Trnsw. Report has been prepared in accordanct whth applitable legal requ1￿Ments. Ma¢ttr$ on whieh *re required to report by extepiion In the light of the knowledge and undermndjng of charitlble company aThJ 115 environment obtsined in the course of ihe audiL we have noi id¢ntifi¢d nwterial mi5ststeftxnts in the DireC￿r5. Report included wthin the Trustees Report. We have nothin8 10 report in respect of the following wh¢re the Companies Act 2006 r04ul￿s US to report to you if. in our opinion.. adequate accounting records have not been kepL or rtDJrns adequate forouraudir have not been ￿ee1Ved frorn brdnches not visiled by us: or the financial statrm¢nt5 ar¢ not in agreernenr with th¢ accountsng re¢ords and Tebjrns. or certain disclosures of trust¢es' remu￿ratiOn specified by law are not made,. or we have not received all the infornuiion and explanations we require for our audit or Ik Trnstees were notentitled to prepare the financial ststements in accordance wrih the small companies, rebnme take advantage of the small companies. exenptiort from the reqUi￿rne￿I 10 prepare Strategic keport or in preparing the TnJs%ees' RetK)rL Responsibilitiej of try5tee5 As explained more fijlly in the Ststement of TruMees' les￿}n&1b11ltieS set out on pa8e 9. the trustees{wTrK) are also the directots of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true aTMI fair view, and for such intemal control as the trustees detennine is necessary to enable the prq)arntion of financial ststements that are free from material mis%tatememi. wh¢ther due to fraud or error. In preparing the financial sta¢ement& the trustees are responsible for assessing the Charitable company's abJl¥ty to continue as a going concern. disclosin& as applicable. trAtters Tel￿ed to going ¢orKxrn and using the 80in8 conc¢m basi$ of accountin8 unless ihe ￿sleeS either intend to liquidate t￿ charitable company or to cease operations. or have no realithc alternative bui io do w. Auditor's re5pon5ibilities for the audit Of the finanti*l statements Oui objectives are to obtsin Teason4ble assuT8nce about whether the financi81 statements as a whole are free from material misststtmenL whether due ¢0 frdud or error. and to issue art auditor's report thai irKlude5 our opinion. Reasonable assurdnce is a high level of as9Jrnnce. but is not a 8uarantee that an audit coThJucted in accordan wilh ISAS IUK) will alwdys detect a material misstatement when it exists. Misstatements can arise from frdud or error and are considered material if. individually or in the aggrewdte. they could Teasonably be expected to influence the eeonomic decisions of user5 thken on the basis of these financial ststements. The extent to whieh the #udit *45 eonsidered ¢¥p*bl¢ of detetting irregularities. includirtg frgud Irregularities are ins¥arb¢es of non-compliance with law5 and regL]lations. The objectivesof our audit are to obtain sufficient appropriate audLt eyidence regarding coryliance wrh laws and regulari0ft5 that have a direct effect on the detemiinaiion of material amounts and disc109Jre5 in the financi81 ststements. to perfonn 8udit prwedures to help ideniify instancts of non+¢ompliancc with other laws and regulations thai may have 3 material effeci on the rinancial statemen15, and to respond approprjaiely to identified or suspected non4ompliaTKe with laws and regulatLoll5 Idennfied durin8 the audit. In rel?tion to fraud. the objectives of our audit are to identify and assess the risk ofrrrdteridl misststerrent of the fin&n¢ial statements due to fraud. to obtain sufficient appropriatt audbt evidence regarding the a5X5s¢d risks of material misststement due to fraud through designing and Implen￿ntiftg appropriate responses and to resyond appropriately to fraud or SU4￿¢*d fra1￿ identified durin8 the audit. However, li is th¢ primary responsibility of mana8emen( with the ov¢r5ight of tknse Charged with gov¢rnanc4 to ensure that the entity's operabons are conducted in accordance with the provisions of laws and regulations and for the prevention and detection of fraud. In identEfying and &8ses&nB risks of material rnisslat¢m¢nt in respect of irregularitie& including fraud, the audit engagement team.. Pagejj INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF STOKE CITY COMMUNITY TRUST obtained an under4tanding of the nature of the sector. including thE legal and regulatory frameworks that Ihe chlrithle Gompany operatts in and how Ihe charitable tonyany 1$ complying with the legal and regulatory frameworks." inquired of managen￿Tri, and th￿ charEtd wth govemance. about their own idenDficarion and assessmeni of ihe risks of irregulaniies. Including any kTh)wn aell￿1. SUS￿led or alleged instances of discLu*￿ matters about non-COTry)liance wtth law5 and regulations aThJ how fraud might occur including assessment of how and where the financial staiements may be su5cep¢ible to fraud. As a ie5uIt of these prncedurts we corffjidef signifi¢ani laws and regulations thai hive a direct impati OD rhe financial 5tateTnents are FPS 102. Charitits SORP IFRS 102). Companies Act 2006. C.haritkes Act 2011. the charitable company's governing document and Charities (Proiection and Social Inveyment) A¢t 2016. We perforTned audit proctdures to detect non-compliances which may have a material impaci on the financial .*atements which included reviewing the financial Matements Including the TwMee5' Report and rernaiTung alert to new or unusual ttanwiLons which may not be in accordance ihe 8overniftg documents. The most sigruficant laws and regulations thai have an indirect Impacr on the financial 510femenis are those in relation to Safeguarding and Health and Safety. We perfcth*d audit prctedurts to Inquire of m8nagement and those charged with governance Whe1￿ the chantable coryany 15 Ln complian¢e with these law and regLJlatLOrts and inspected correspondence with regulatory authoriiie5. The audit engagement team identifjed the risk of Manageff￿nI ovemdc of controls and cash income where the financial statemenis were most suscepiible 10 materia] misstatement due to fraud. Atsdit procedure5 performed included bui were noi limited ￿ testing manual journal enrries and other adju5trnen￿, evaluating the busines5 rarionale In relotion ro sÈgnificani unusual trarsacrtons and iransaction5 cnlered inio outside Ihe normal course of bu51ness. challenging Judgmenls. **Dmaie5 ar￿ sample tthng cash income back to SUPPOrfin8 evidence and ensuring w¢¢kly reconciliation% were pr￿&$￿ and ￿ed. A further de5cripiion of our re5[M)r61￿"11tiQ% for th¢ audit of the financial staternEnts i5 located on the Financial Reporting C.ouncil's website at h ..Ilwww.frc. .uklaudi onsibiliti This description form5 part of our auditor's report. Use of 0￿r report report IS made solely to rhe charitsble conyany's mernbers, a5 a Eojy. in actt>rdarte with Chapter 3 of Part 16 of the C.omparties Acr 2006. Our audit work has been undertaken so that we fftight sraie io ihe Charitsble ¢ompany'%. member5 those maners we are requirtd to ro them In an auth"tor'$ report ind for no orher purpose. To the fullest extent permitted by law, * do not accept or a&5ume responsibility to anyone other than the charitable company and tlr charitsble company's members as a tmxly. for our audit work. for This ￿POrt, Dr for the opin10Th5 we have forrned. ANNA SPENCER-GRA Y (Senior Siarutory Autlilof) For and on behalfof RSM UK AUDIT LLP. Sthiuiory Auditor Chariered Accounthnts Fe#ival Way Stoke on Trent Staffordshj'fe STI 5BB Date. 16 February 2022 Page 12 Stoke City Community Trust STATEMENT OF FtNANCLAL ACTIVITIES (fNCLUDENG ￿COmE AND EXPENDITURE ACCOUNT) for the ear ended 31 Au st 2021 Note Uffirt5tritted FuAds Rt5tri¢ttyl funds Tot*1 funds 2021 Ti*al funds 2020 rNCOME Donations and leBacie5 Chantabte activities Other trading activities InVestm￿t$ income 2853Q 452,69S 14,658 60 2&530 l.lJ99.450 14.658 646,745 1.533,251 21.448 TOTAL INCOME 495.943 646.755 1.142,698 1,005,328 Chantable Wvili¢s {537.98T) {777JSSI {1 JIS342) (1.466,532) TOTAL EXPENDITURE (537.98T) {7nJ55) {IJIV42) (1.466,532) NET INCOME BEFORE TRANSFERS (44044) {130.600} (172.644) 138,796 TRANSFERS BETWEEN FUNDS (&483) 8.483 NEr {EXPENDITUREyJNCOME {5•52D (122,11 (17L644) 138.796 Re¢on¢itiation offynds Total fttttds br(w￿l forwartl 1,001.961 337566 lJ39,527 I,2￿,73[ TOTAL FUNDS CAFiRIED FORWARD 951.434 215,449 1,166.883 1.339.527 All income and expenditttte derive from continutng activiiies. The statement of fmancial activits.es includes all gains and losses recognised in the year. Page 13 Stoke City Community Trust BALANCE SHEET at31Au st 2021 Noie 2021 2020 FIXED ASSETS Tangible assets CURRENT ASSETS Debtors due within the year Cash ai bank and in hand 71.695 lJ39.939 28.222 1.737,776 TOTAL CURRE￿ ASSETS 1,411,634 1.765,998 cRED￿oRs.. Amounts falling due within one year (244.751) (426,471) NET CURRENT ASSETS 1.166,883 1,339,527 NFf ASSETS 1.166.883 1.339.527 THE FUNDS OF THE CHARtTY Unrestricted fi￿d$ Restricted fiuKIs 951.434 215.449 i.(K)1.961 337,566 TOTAL cHAK￿y FUNDS 12 1.166.883 1.339,527 Thèse f￿ancial statements are Prep￿ed in accordan¢e with the provisions applicable to companies subjexl to the small compames, regjme. The financial stateme on tson ages 13 to 25 were approved by the board of tnjstees Jnd autI￿rised for issue 2022 aftd wer¢ SI￿¢d on its behalf by". Johrj Coales Director and Trusiee Company Regisrration No. 04875877 Registei"ed Chariry No.1104006 Pose 14 Stoke City Community Trust STATEMEwf OF CASH FLOWS for the year ended 31 August 2021 Note 31 August 2021 31 August 2020 NET CASH PROVtDED BY OPERATING AcfNITIES 10 (397￿97) 198.950 CASH FLOWS FROM tKVESTING ACTtVlT Investment income 1.218 Net cash used in investing activities 1.218 CHANGE IN CASH AND CASH EQUtVALENTS tN THE PERJOD (397,837) 2(Kl,168 Cash and cash equtvalent at ihe b¢gmning of the year 1,737.776 1.537.608 Totsl cash and cash equÈval¢nt at the end of the yeaT lJ39,939 1.737,776 ReP￿¢￿ted by.. Casli at bank lJ39,939 1.737.776 Pdge 15 Stoke City Community Trust AccouNfiNG POLICIES TRUST ￿FORmATIoN Stokc City CorTununity Tnjst is arl incotporaied charitsblc Trust (¢hatity numb¢i' 1104006) limired by guaraniee r¢gisTercd irt England (company number 04875877). The Trust's address is bet365 Stadiwn. Stanley Matthews Way. Stoke on Trent. Staffordshirc. England ST4 4EG. The following a¢counlingFrf)li¢ies have been applied consistrntly in dealing with items which are considered marerial In relaiion to the ch¥rity'S fjnancial staiements. BASIS OF PREPARATION The fllwlcial stAtements have been prepared in accordance with Accounting and Reporting by Charities.. Ststement of Recomrnended PrdCtic¢ appliuble io chan.ties preparlljg their accounts in accordance with the Financial Reporting Stsndard #ppli¢8ble in the UK and Republi¢ of ￿tland (FRS 102) (effe¢tive l January 2018)- (Charities SORP (FRS 102)). the Financial Re1x)rt￿g Stsndard applicable in the UK and Republi¢ of Ireland (FRS 102) and th¢ Companies Act 2006. Stoke City Commuruty Trust rneets the defu)ition of a public benefil entity under FRS 102. Assets and liabilities are initia]ly recogruscd at historical costor transaction v¥lue unless otherwise Stated in tlie relevant accounting policy notes. The financial sratemenis are prepar￿ in sterling which is the functiortal currency of the Trusl. Monetary amounts in these financial sla(em¢n￿ #re rounded io the nearest £. GOJNG CONCERN The tnajority of the Trutt's Restricted Projects are fijnded by the Premier League Clwitsble Fund (PLCFJ and as at Au8USt 2021 they are just coMplet￿g the second year of a three-ycar contracted funding cycl¢. These projects have continued durirbg the Covid-19 pamdemic and the Trust has rtteived the funding for all of its projects_ The Trust has confidence thai th¢ next tlue£ year PLCF fvnding cycle will be baseAJ upon the final Ye￿ lev¢15 of th¢ current funding cycle. The main non-PLCF funded Restr]clEd Project of the Trust is the Nattonal Citizen Service. wlLich is fimded by the UK Govemment. Both ihe AuDJmn 2020 and the Surnmer 2021 progranrn went ahead thotsgh with more limitrd participant numbers. Thc Trust awaits the Summer 2022 contrnct. though it expects the fi￿dIng level io be similar to the prior year. With regard to its Un-Restrictrd activitie5 the Trust's pnmary financial resw)nsibiliry is to ensure that it remains a 8OWtg concern and adhercs to its reserves policy. The Trnsiee5 beli¢ve that the Trust r¢mains a going ¢oncem because it has both sufficieni general r¢s¢rves and un-restricted ¢8sh to absorb considerable un-restrictrd inwm¢ shortfalls. should they arise, irt the forth¢oning year. As hs normal for all chAn"ties. the charity 15 dependent ll￿Tr income stre#m5 such as grant monies whith may not reoccur. The Trusrees have reviewed rhe fmancial forecasts and believe there are Adequate r¢sour¢es wkn'ch will enable the trusi io me¢¢ its liabilitie5 for ai lea￿ one year from the date the financial sta*ments are signed. For this re850n, the TnJsiees have adopted the going cijncem basis in preparing the f￿anCIal statements. tNCOME RECOGNITION The values of all reSoUr￿S accruing ￿ the than"tabl¢ company are recorded in th¢ S￿*ment of FitwAcial Acthvities Ls soon 85 it L5 legally entitled io the income and the aTh)unt can be quantrfied with reasonable accuracy. This is deFendenton an actual receipr orenforceablerighi to receipt. a re&8onable certaintyof receipt aJ)d whetherthe monetary value can be sufficiendy and reliably rtwured. Whete term5 and condJ"tions relating io income have noi teen met or uncertainty exists as ttTr vknether ￿ charity can meei any temLS or conditions otherwise withm its cofttrol. income is noi recognised but is deftrttd as a liability until It is pmbable that the t¢rms or conditions imp)sed can met. Any grant that is subject fo E￿ornIance-re]8ted con(h"t￿nS reCeI￿d in advan¢e of delivering the services requwed by thai condition or ts subjecl to unmEt conth"tions wlK•lly outside the ￿nt￿l of the recipient charity. is accounted for as a liability and Sho￿ on the hJan¢e th as deferred income. Deferred income is released PogÉ 16 Stoke City Cornmunity Trust ACCOUNTtNG POLICIES tNCOME RECOGNITION (¢ontinued) to income in the reporting p¢riod in which the Perfornia￿e4￿]ated or other condirions limit Tecognirion aTe met. Where time related conditions are imposed or implied by a f(v7thr. then the irKome is app)rtioned to the time peTLods concerned and. where applicable, is accounted for &8 a liability and shown on the balance sheet as deferred income. When granLS are receit4ed in advance of the expendittwe on the actsviry fi￿ded by them, but there are no sp￿]fiC lime related conth"tioAs. then the income is not deferred. EXPENDtTURE RECOGNITION All expenthuwe is accounied foion an accn￿lS basi5 aTrJ incluths attributable VATwhich cannot berecoveted. ExpendiDJre has been classified wider the appropriate heading but where costs cannot be directly a(tti'buted to parttcular headings (support costs).. they have F*en allocated to activities on a basis consiMeni with the ￿e of the resources. Support costs comprise au services supplied centrally. and include office staff and overhead expenses. Governance costs are those costs associated with the govemarKe aNangements of the charity which relate to ils general running. These tsKlude audit. insurance cosW and legal advice for tn]stees artd costs asS￿lated with constituhonal and statutory requirements such as the costs of meetings and preparing the 5tabJtory financial ststements, plus a share of support costs. AII costs #re xllwaied between the expenth'ture categryies of the statement of flnamcial acttvities on a basis d¢signed io w¢fl¢ct the use of the re￿urce. Costs relattng lo a parncular activity ar¢ allocated directly. DONATED SERVtCES AND GIFfs IN KIND The value of donated seTrices and g]fts in kind provided to the charity by Stoke City Football Club are disclosed ai their open tnatket value in the [￿Qd ￿ W￿.￿h th¢y are Reel￿ble whete the ￿rtefit to the charity be reliably measured and are report¢d in the related paTty note to the financol statements. TANGtBLE FfxED ASSETS Tangible fixed assets are capital￿ed ai c05t capitsl expe￿Il￿￿e over a value of £5(Xi is ¢apiralised. Depreciation is provided ai the following anrtual rates io writr off th¢ ¢osi less the esh"maied re$￿U81 value of the assets. oveT their exFected usefijl econrric lives as follows: Motor vehicles Office equipment Plant and machmery 250h straight line 20 /[* straight line 33.3V/o stsaiEht line A fvll year of depteciation is charged in th¢ FVi(x1 of a¢wisition and none im the ￿riod of di5wJsal. FUND STRUCTURE UnreslYi¢iedfund5 General funds arr unrestr]¢red fund5 available to the charity for us¢ ai the discretion of the trustees in hjrtherance of the g¢n¢rdl chan"table objectives of the charity and wlu.ch have not been designated for other purposes. Resrrictedfwids Restrici¢d fuftds are subject to restrictio￿ imposed by the donor or by the $￿IfiC t¢rnis of the apFeal under whi¢h bmds are raised. The ￿$tri(￿On$ #re bindmg upon the ¢h3n'ty. Page J7 Stoke City Community Trust ACCOUNTtNG POLICIES FUND TRANSFER POLICY At #¢h year end il is the prdctice of the Trusr 10 review all fund balancss and to identify the re5tricced projects that have ended in that financial year. It is the policy of the Trust thai any restn¢ied fund oVerS￿nd& on ceasryj projec14 will be transferred inio the Un-Restncied (General) Reserve. If there are any restricted fund underspends then the ￿latrd FuTrl contract Is referred to. tf the contract slates that any such surplus should be feThm￿d then ihe funder is coniacied. informed of the surplus balance and their instructson is adhered to. Ifhowev¢r the contract does noi slipulate that surylus funds should be retumed and the teading of the contract pemits th¢ surplus to ix kept ihen the 5uq)lus is ITansfrned to the Un-Resrricted (Gerteral) Reserve. TAXATION As a regisiered charity the TnL4t is exempt from tax on income and gains falling within Part I l of th¢ Corporation Taxes Aci 2010 or Section 252 of the Taution of Chawble Gairns act 1992 to the extent that these are applied to these charitable object5. FNANCtAL fNSTRUMENTS The Trusl only has financial assets 8ThJ financial lia￿'11¢1eS of a kind that qualify as basic fU￿ncIal instrnments. Basjc financial Lnsmunents are initially re¢ogm5ed at tr#n5aCtion value and subsequently asured at their s¢ttlem¢nt value. Debiors Trade and other debtors ar¢ recogrlised at the settlement amount due after any trad¢ discount offered. Pr¢payThents are valued ai the #mount piepaid net of any trade th"scounlS due. CtJ5h ￿ bank and in hand Cash at barth and cash in hand includes cash and short ierni highly liquid investments with a short maturity of three months or less from the date of acquisitson or Ope￿ing of the deposit or Similar account. Creditors dndprovisions Creditors and provisions are reewised where the charity ha5A present obligation rtsuliing frorn a pxst event that wtll probably resuli in the transfer of funds to a party and the amouni due lo settle the obligation can be measured or esiirnaied ieliably. Creditor5 and provisions are normally Tr£ogni5ed at their settlemenl amount after allowing for any trade. dis¢ounts due. CRITICAL AccouNfNG ESTJMATES AND AREAS OF JUDGEMENT Estimates and Judgements are c0nlinuallyevaluat￿5 and are based on Iu"5torical ¢xperience and other factots. it￿]Uding expectations of future events that are believed w be reasonable under the circiLm5tances. Crilical accounting estIm￿e5 and asswnplions Th¢ Chan'ty makes estimates and a￿vrnP￿0ns eonceming rhe fvmre. The resulting accounting estimates and assumption5 will, by definitio￿ seldom t4￿1 the related actual results. Th¢ Trust do no( consider there to be any estimates and assumptions thai have a significani tisk of causing a rnaierial adjvstment to the carrying amounts of assets and ￿abi￿lIeS withm the next f￿8￿ClaI year. Poge J8 Stoke City Community Trust NOTES TO THE FTNANCIAL ST A TEMENTS for the year ended 31 Augusl 2021 rNCOME.. DONATIONS AND LEGACIES Unrestricted 2021 Unte5tricted 2020 Donations 2&530 49.411 INCOME.. CHARITABLE ACTivrriES un￿trICted fund5 Re5trict¢d fi￿d$ Totsl 2021 Totsl 2020 Sport5 Participation Educatson and Lifelong L¢amitig Core ¢0# supwt 352.695 373.029 273.726 725,724 273,726 100,000 927.970 497.281 108,(X)O ioo.(x)o 452.695 646.755 E,099,4SO 1,533.251 £1.085,099 of income was attributed to wrricied fimds in 2020. Other trading and investrrteni income were unrestricied in 2020. RESOURCES EXPENDED.. CHARJfABLE AalVITIES Direct costs SupFQTI costs Tot*1 2021 Totsl 2020 Sports Participaiion Educatson & Lifelong Core support costs Governartce costs 842.315 358.853 842,315 358.853 107,681 6,493 867,081 318.008 275,190 6,253 107.681 6.493 1,201.168 114,174 IJ15￿2 1.466,532 £872.95S of charitable aciivities wsts were attributhble to restnaed fimds in 2020. Page 19 Stoke City Community Trust NOTES TO THE FTNANCLAL STATEMENTS for the year ended 31 August 2021 RESOURCES EXPENDED.. CHARITABLE ACTIVITIES (continu¢d) Support cosls allo¢otion The charity allocates ils SUPPOrt cosis io generel acrivilies unless it is appropriate io allocate them beTh¥een the other charitable activities undetThken. Th¢ tharitable a¢tiviti¢s are as listed above. Support CDSts are allocaied on a basis consisieni with lh¢ us¢ of resources as explained above: Core Support 2021 Core support 2020 Consultant Ftts S8IAries so¢i41 s¢¢urity costs P¢nsions Medical costs Travelling and subsi$tenc¢ Bank charges Motof expenses Other expenses Depreciation Recharge 21,600 88,429 3,829 2,2SO 1.206 204 2?58 27,805 21,6(N) 248.351 10.115 2.183 3,173 840 2.177 35.176 (40,IM)O) (48,425) 107,681 275,190 bl Govérnance casts Unr¢$tricted 2021 Unrestricted 2020 Professional ftes 6,493 6.253 Poge 20 Stoke City Community Trust NOTES TO THE F￿ANCiAL STA TEMENTS for the year ended 31 Au st 2021 NET INCOM]NG RESOURCES FOR THE PERIOD N¢t inttJThun8 r¢sourc£s for th¢ period is stated aftcr charging." 2021 2020 Auth'tor's remuneration Depreciation 6,493 6.253 STAFF NUMBERS. COSTS AND KEY bAANAGEMENT REMUNERATION The average number of pewjns employrd (exduding mJstee5) during ihe )Tar was 49 (2020.. 54). Ln ail(tiiion to the above the charity employed an average of 31 casual stsff during the year (2020.. 30) No emoluments or expenses w¢r¢ PaMI dUr￿g the y¢ar to trusiees {2020.. £nil). Details of einploye costs are a5 follows.. 2021 2020 Wages and salaries Social security costs Pension costs 978,107 74,876 40J32 1,099.411 81.164 42,309 ,093JlS 1.222.884 The number of hhgher paid emplo)res was.. 2021 P4,0 2020 No In the band £60.000- £69.999 Stoke City Football Club rnns a defined contribution pension schenK. m.hich employees of Stoke City Communily TJiJst ar¢ ell￿b]e to join. The key management personnel are the Tn￿ces. The total remuneration of these key h)anagemenl personnel was £0 {?020.. £nil). Page 21 Stoke City Community Trust NOTES TO THE FtNANCIAL sTATEME￿￿s for the year ended 31 Au8USt 2021 TANGIBLE FIXED AssKrs MotOT. vehicl&8 Office equipment Plant and machinery Total Cosi At be￿[￿ing and end of year Disposal 85.748 (22.1￿) 24.003 (16.354) 4.350 114.101 (38,454) 63.648 7.649 4,350 75.647 Deprecitiiiort Ai beginning and end of year DisFX)sal 85,748 {22.IlXI) 24.003 (16.354) 4.350 114.101 (38.454) 63,648 7.649 4,350 75.647 book value At 31 Atsgu$t 2021 Ai 31 August 2020 Fixed assets ar¢ held for dire¢1 eh4ritsble pwposes. DEBTORS.. Amounts falling due within one year 2021 2020 Trade debtors Prepayinents and accnjed income Amow)ts due from relaied undertakings 21,769 21.069 2&857 4.323 20,463 3.436 71.695 28.222 Page 22 Stoke City Community Trust NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 August 2021 CREDITORS.. Amounts falling due within one 2021 2020 Trdde creditors Other taxes and social security AccEuals and deferred Ir￿orne Amounts du¢ to related ¥Jnd¢rtakmgs 23,866 42,244 10,521 168,120 23.038 18,588 188.219 196.626 244,751 426,471 2021 2020 Dtferred income" Brought forward Def¢￿ed in year Released in year 180J34 237,500 180,334 (237,500) (180J34) Carried forward 180.334 ' Relates to PLCF Funding received in August 2020 that related 10 funding for the period of September 2020 10 August 2021. COMPANY LIMrfED BY GUABANTEE Stoke City Community TnJ5t is a company limited by guarnntee and accordingly does not have share Capital. Every member of the chan"tsble company undertake5 to contribute such arnount as may be required noi exceeding £10 in th¢ ev¢ni of it being wound up while he or she is a member. or within one year after he or she cease5 to be a memter. 10 RECONCILIATION OF OPERATfNG RESULT TO CASH FLOW FROMI(TO) OPERATtNG ACTtVJTIES 31 August 2021 31 August 2020 Net (expeT)dittwe) Deduct inve51menf income (IncreaseyDecrease in debtors (Decrease) in creditors {172,644) {60) (43,473) (181,720) 138,796 (1,218) 75.752 {14,380) Net Gash provided (toyby operattslB activities (397.897) 198.950 Page 23 Stoke City Community Trust NOTES TO THE FtNANCIAL STATEMENTS for the year ended 31 August 2021 STATEMENT OF FUNDS At31 Atreu$t 2021 .￿lember 2020 Ih¢ome Expendityi¢ esources expende Transfer of nds U&Tf¢siriciedJvrtds' General fibnd 1,(*>1.961 495.943 (537.987) (8,483) 951,434 Resirtciedfunds." Sports Participation Education & Liftlon8 Ltamino 51.039 286.527 173.029 273.726 (418.502) (358.85J) 35 8,448 5.601 209.848 J37.566 646,755 (777,355) 8.483 215,449 TOTAL FUNDS l J39.527 1.142.698 (l J15J42) 1,166,883 Ai31 Augv5t 2020 September 2019 In¢ome Exprndiiurt sources expended Twan5fer of funds UAresiriciedfu41d5.' General fvrMJ 1.054.501 520229 (593.577) 20.808 1.001.961 R￿{rICkedfU￿d$.- Sports Participation Education & Lifelon8 txarnirt8 587,818 497,281 (554.947) p18,¢)08) 49 120,8571 51.039 286.527 146230 1,085.(V)9 1872,955) (20,808} 337.566 TOTAL FUNDS 1.200.731 1,605.328 (1,466,532) l J39.527 U￿r￿¢rIC1edfv￿ds The general fi￿d representsthe Unre5￿Cled funds of the charitythai are noi designatrd for parttcular purposes. Resiriciedfvrtds The restricied funds repre5¢nt contracts to SU￿lY specific services under ￿ch of the above ¢ai¢gories. rrrtnsfers TheTe wa5 one Sp)rts Parttcipation and four Education & kn"frlong Jxatning Funds that had overspends on and these liabilities wet¢ met by surplus Ur￿$￿tted reserves. Poge 24 Stoke City Community Trust NOTES TO THE FENANCIAL STATEMENTS for the year ended 31 Au st2021 12 ANALYSIS OF NET ASSETS BETWEEN FUNDS Unrtsiricied funds Resin¢ted funds Total fund5 Ikbtors Cash at banJ( and in hand Creditors 70.295 1.400 1.004,l86 335.753 (114,564) (130,187) 71,695 1,339,939 (244.7SI) TOTAL NET ASSETS AS AT 31 AUGUST 2021 959,917 206,966 I,166￿83 UfircSrri￿td furjds Re51ri¢ted futtds Total [￿ftds Debtors Cash ar bank and in h8nd Credilors 22.572 5.650 .114.787 622,989 {135.398) (291.073) 28.222 1,737,776 (426.471) TOTAL NET ASSEfs AS AT 31 AUGUST 2020 1.001,961 337,566 lJ39,527 13 BELATED PARTY TRANSACTIONS The Trustees consider that Stoke City Football Club Limited is a related party of th¢ charitsble company by virtu¢ of SIg￿fiCant influen¢e. The chan.ty receives siwficanl fu￿1¢￿al support from the Football Club in respect of offi¢¢ space and other costs. and this Gift in Kind in respect of specific eslablishment costs. player and Eersonnel iimB has estimat¢A at £218.618 (2020.. £245,459), W￿"Ch has not been includcd wtthin the SOFA. During the year there were sales of £97.642 {2020.. £128.465) made to Stoke City Football Club IAmited and #t 31 August 2021 £4.181 (2020.. £nil) was owed. Certain 5pecifiG. deth"cated salary and other costs relating to the charity are r¢charged. These costs totalled £1.175,295 (2020. £I285.106) and at 31 August 2021 £210.364 was owed to the Football Club (2020. £196.286). The Trusiees ¢onsid¢r that Stoke City (Property) Limiled is a rel￿ed patty as bc)th J Pelling and AJ Schol¢s are key managemeni of that entity. tknng the year there were sales of £1,891 (2020.. £1.930) made to Stoke City (Property) Limited and at 31 August 2021 £0 {2020.. £nil) was owed. Other cosls ￿lating to the charity are ￿charged. These costs totalled £0 (2020.. £29,137) and at 3 1 August 2021 £0 was owed to Stoke City (Properry) LRmited (2020.. £18.930). Due to the group structure and the significant influence that the group has the trnstees consider bei365 Group Limited as a related pany. Ai th¢ y¢8r-end th¢TE was an amount due from bei365 Group Limited of £24.677 (2020.. £3,436). Value of Servi￿ provided duting the year was £28.052 (2020.. £48.140). Page 25