## ## ## |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| |T50|r
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0OO| |CI|||||||||| ## ## |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.||||||||