2022-05-31-accounts

Trustees	Andrew Mollett (Chair)	Andrew Mollett (Chair)
	Marie Gabriel
	Jeremy Crook
	Henri Brandman
	Jackie Ferdinand
	Jeffrey Hayes
Chief Executive	Joseph Lyons
Secretary	Andrew Mollett
Charity number	1114458
Cei11iiNlny nurllber	05731045
Registered office	60aAlbatross Close
	Beckton
	London
	E65NX
Auditor	FWinter &Co LLP
	Statutory Auditors	&Chartered	Accountants
	Ramillies House
	2 Ramillies Street
	London
	W1F 7LN
Bankers	Barclays Bank
	1 Churchill Place
	London
	E145HP

		Page
Trustees' report		1-9
Statement oftrustees'	responsibilities	10
Independent auditor's	report	11 - 14
Statement offinancial	activities	15
Balance sheet		16
Statement ofcash flows		17
Notes to the financial	statements	18-31

		Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
		funds	funds		funds	funds
	Notes	2022 f	2022 f	2022 f	2021f	2021f	2021f
~acome fm
Donations and legacies income from Charitable		303,229		303,229	269,170		269,170
Activities Other trading activities		792,204 628,391	1,891,376	2,683,580 626,391	945,523 380,256	1,746,291	2,691,814 380,256
Total tneome		1,721,824	1,891,376	3,613,200	1,594,949	1,748,291	3,341,240
Expenditure on trading
acbvities		239,496		239,496	288,264		288,264
Charitable activities	8	1,213,114	1,891,376	3,104,490	1,130,046	1,746,290	2,876,336
Total expenditure		1,452,610	1,891,376	3,343,986	1,418,310	1,746,290	3,164,600
Net income for the year/
Net movement in funds		269,214		269,214	176,639		176,639
Fund balances at 1 June	2021	314,323		314,323	137,684		137,684
Fund balances at31 May
2022		583,537		583,537	314,323		314,323

			Group	Charity	Group	Charity
		Notes	2022 f.	2022	2021 R	2021f
Fixed assets
Tangible assets Investments		12 20	8,659	8,659 1	92,949	92,949 1
Current assets			8,659	8,660	92,949	92,950
Debtors Cash at bank and in	hand		1,508,689 211,090	1,461,700 89,595	1,088,119 98,663	1,135,223 34,955
Creditors: amounts	falling due within		1,719,759	1,551,295	1,186,782	1,170,178
one year			(1,144,881)	(976,416)	(965,408)	(948,805)
Net current assets			574,878	574,879	221,374	221,373
Total assets less current liabilities			583,537	583,537	314,323	314,323
Income funds
Unrestricted funds
Designated funds General unrestricted	funds		75,000 508,537	75,000 508,537	50,000 264,323	50,000 264,323
			583,537	583,537	314,323	314,323

			Notes	f	2022			2021
Cash flows from operating		activities
Cash generated	from/(absorbed by)		21
operations						120,492			(14,427)
Investing acivlties
Purchase oftangible fixed assets Proceeds from disposal oftangible fixed				(8,066)			(13,719)
assets							780
Net cash used	in Investing	activities				(8,066)			(12,939)
Net cash used	in financing	activities
Net increase/(decrease) In		cash and cash
equivalents						112,426			(27,366)
Cash and cash	equivalents	at beginning	ofyear			98,662			126,029
Cash and cash	equivalents	at end ofyear				211,090			98,663

			Football Development	Community	Learning	Coronavlrus Job Retention	Coronavlrus Job Retention	Total 2022	Total 2021
							Scheme
			2022	2022	2022		2022
			R	R
Charitable		activities	832,570	897,724	900,989		52,297	2,683,580	2,691,814
Analysis	by fund
Unrestricted		funds-
general Restricted		funds	149,295 683,275	58,862 838,882	542,128 358,861		41,919 10,378	792,204 1,891,376	945,523 1,746,291
			832,570	897,724	900,989		52,297	2,683,580	2,691,814

			Football Development	Community	Learning	Coronavirus Job Retention	Total 2021
						Scheme
Charitable		activities	700,424	709,901	918,325	363,164	2,691,814
Analysis	by fund
Unrestricted Restricted		funds - general funds	158,065 542,359	142,906 566,995	551,937 366,388	92,615 270,549	945,523 1,746,291
			700,424	709,901	918,325	363,164	2,691,814

			Unrestricted	Unrestricted
			funds	fufids
			general	general
			2022f	2021f
Football development -WHUFE Fundraising Coronavirus Job Retention Scheme			467,518 143,914 14,959	264,478 115,778
Other trading	activies		626,391	380,256

		Unrestricted	Unrestricted
		funds	funds
		general	general
		2022	2021
~Tr ~ig cg~t
Football development	-WHUFE	239,496	288,264
		239,496	288,264

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9	Supportcosts
		Support costs f	Governance costs f	2022	Support costs	Governance costs	2021
	Football Development Community Learning	328,063 210,557 510,912		328,063 210,557 510,912	315,237 297,468 354,620		315,237 297,468 354,620
	Audit fees Other fees payable to		9,500	9,500		8,850	8,850
	Sudf'tof's		910	910		850
		1,049,532	10,410	1,059,942	967,325	9,700	977,025
	Analysed between
	Charitable activities	1,049,532	10,410	1,059,942	967,325	9,700	977,025

The average monthly number ofemployees during t	he year was:
	2022	2021
	Mumber	Number
Full time employees Part time employees	54 93	53 91
Total	147
Employment cosh	2022	2021
Wages and salaries Social security costs Other pension costs	1,841,782 331,524 65,084	1,563,477 572,695 60,440
	2,238,390	2,196,612

	The number ofemployees is as follows:	The number ofemployees is as follows:	whose annual	remuneration	was more	than f60,000
							2022	2021
							Number	Number
	F140,001-E150,000
	F80,001-f90,000
	F70,001-f80,000
	F60,001-f70,000
12	Tanilble fixed assets
							plant	a Machinery
	Cost
	At 1 June 2021 Additions							340,653
	Disposals							8,066 (305,866)
	At 31 May 2022							42,853
	Depreciation and impairment
	At 1June 2021 Depreciation charged Eliminated in respect	in the year ofdisposais						247,705 2,566 (216,077)
	At 31 May 2022							34,194
	Carrying amount
	At 31 May 2022							8,659
	At 31 May 2021							92,949
3	Debtors
	Amounts falling due	within	one year:		Group 2022	Charity 2022 R	Group 2021 f.	Charity 2021
	Trade debtors West Ham United Foundation		Enterprises	1,027,122		913,626	852,115	782,185
	(WHUFE) Other debtors				50,336	373,629 50,336		240,389
	Prepayments and accrued income				431,211	124,109	236,004	112,650
				1,508,669		1,461,700	1,088,119	1,135,224

14	Creditors: amounts	falling	falling	due within one year
					Group	Charity	Group	Charity
				Notes	2022f	2022f	2021f	2021f
	Other taxation and social
	security				57,742	57,742	48,261	48,261
	Deferred income			15	269,938	269,938	303,044	303,044
	Trade creditors				433,407	428,332	463,007	462,107
	Amounts owed to fellow group undertakings						48,635	48,635
	Accruals and deferred		income		383,794	220,404	102,461	86,758
					1,144,881	976,416	965,408	948,805
15	Deferred income
							2022f	2021f
	Other deferred income						269,938	303,044
							2022f	2021f
	Deferred income is	included		within:
	Current liabilities						269,938	303,044
	Movements in the year:
	Deferred income at	1 June 2021					303,044	284,669
	Released from previous		periods				(303,044)	(284,669)
	Resources deferred	in	the year				269,938	303,044
	Deferred income at	31	May	2022			269,938	303,044

1?	Analysis ofnet assets	between funds
		General reserve	Designated funds	Total unrestricted	General reserve	Designated funds	Total unrestricted
				funds			funds
		2022		2022			2021
				f.
	Fund balances at31
	May 2022 are
	represented by:
	Tangible assets Investments Current assets/(liabilities)	8,659 1 424,878	75,000	8,659 1 574,878	92,949 1 121,373	50,000	92,949 1 221,373
		433,538	75,000	583,538	214,323	50,000	314,323

20	Subsidiaries
	Details ofthe charity's	subsidiaries	at	31 May 2022 are as follows:
	Nameofundertaklng	Registered oNce				Natureofbusiness	Class of shares held		/ Held Direct Indirect
	West Ham United Foundation Enterprises	England Wales		and		Provision ofSports Services	Ordinary		100.00
	(WHUFE) Limited
	Share Capital Held f1
21	Cash generated from	operations						2022		2021
								E		E
	Surplus for the year						269,214			176,639
	Adjustments for:
	Loss on disposal oftangible fixed assets Depreciation and impairment oftangible				fixed assets			89,789 2,566		4,135 35,162
	Movements in working	capital:
	(Increase)/decrease in Increase/(decrease) in (Decrease) in deferred	debtors creditors income					(420,550) 212,579 (33,106)		59,662 (5,356) (284,669)
	Cash generated from/(absorbed		by)	operations			120,492			(14,427)
22	Analysis ofchanges in net funds
	The charity had no debt	during the	year.