Company Reglstratlon Number
05843571
Charlty Reglstratlon Number
1119133
SALFORD RED DEVILS FOUNDATION
Trustees, Report and Financial Statements
For the year ended 30 November 2021
SAIF•III
FOUMDAllOM

SALFORD RED DEVILS FOUNDATION
Trustees, Report and Financial Statements
For the year ended 30 November 2021
CONTENTS
Page
Report of the Directors and Trustees
l Reference and administrative details
2 Structure, governance and management
3 Objective5 and activitie5
4 Achievements and performance
5 Public benefit
6 Financial review
7 Future plan5
8 Trustee indemnity insurance
9 Trustees, responsibilities
Independent Examiner's Report
Statement of Financial Activities
io
8alance Sheet
li
Statement of Cash Flows
12
Notes to the Financial Statements
13
Page I

SALFORD RED DEVILS FOUNDATION
Trustees, Report and Financial Statements
For the year ended 30 November 2021
Oirettors, Report for the purposes of section 417 of the Companies Act 2006 and Trustees. Report for the purposes of
part 8 of the Charities Act 2011
The Trustees (who are also the Directors for the purpose of Company Lawl have pleasur& in presenting their annual
report and the financial statements for the year ended 30 November 2021. The Trustees have adopted the provision5 of
the Statement of Recommended Practice150RPI "Accounting and Reporting by Charities" IFRS 1021 in preparing the
annu31 report and financial statements of the Charity.
REFERENCE AND ADMINISTRATIVE DETAILS
Charity Name..
Salford Red Devils Foundation
Charity R&gistration'.
1119133
Company Registration..
$843571
Registered Office..
Eccles Sixth Form College
Chatsworth Road
Eccles
Manchester
M30 9FJ
Web-site..
www.salfordreddevilsfoundation.co.uk
Company Secretary..
Taylored Business Secretaries Limited
8ankers'.
Co-operative Bank
PO Box 250
Delf House
Southway
Skelmersdale
WN8 6WT
Independent Examiner..
M G Garrett
Kay Johnson Gee Limited
I City R03d East
Manch&ster
MI54PN
Oirettors and Trustees of the charity who served during the year and to the date of this report were..
APASn3pe
M Pearson
J Lowndes
A L3tief
M Burke
PAKing
A P Morley
GTTapp
appointed 10 December 2020
appointed 11 December 2020
Page 2

SALFORD RED DEVILS FOUNDATION
Trustees, Report and Financial Statements
For the year ended 30 November 2021
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing Document
Salford Red Devils Foundation I'SRDF l is a cornpany limited by guarantee and is governed by its Memorandum and
Articles of Association dated 31 May 2006 Irevised 20 May 20151. It is a charity registered with the Charity Commission
on 9 May 2007.
Recruitment and appointment of trustees
The subscriber5 to the Memorandum are the first trustees of the charity. Membership of the charity is open to trustees
of the charity and each trustee will automatically become a member on his or her appointment. Further trustees are
elected by the members. The number of trustees shall not b& les5 than three but shall not be subject to a maximurn.
At each Annual General Meeting 113 of the trustees are subjett to retirement by rotation and can be reappointed by the
other trustees if he so wishes.
Related Partles
The charity is supported by Salford City Reds120131 Limited I the Club"), in that it has the facility to utilise the Salford
Red Devils brand.
OBJECTIVES AND A￿1VITIEs
The objectives of the charity are for the benefit of the public generally and, in particular, the inhabitants of Salford,
Greater Manchester and Cheshire and their surrounding areas."
To promote community participation in healthy recreation by providing facilities for the playing of rugby and other
sports capable of improving health I'facilities, in this clause means land, buildings, equipment and organising
sporting activities)..
To provide and a55lSt in providing facilitie5 for 5POrt. recreation or other leisure time occupation of such persons
who have need for such facilities by reason of their youth, age, infirmity or disablement, poverty or social and
economic circumstances or for the public at large in the interests of social welfare and with the obl￿t of improving
their conditions of life., and
To advance the education of children and young people through such means as the trustees think fit and in
accordance with the law of charity.
Each year the trustees review the objectives and activities of the charity to ensure they continue to reflect our aims and
to provide public benefit. The tru5tee5 are rnore than Satisfied that they do.
Further details on the Foundation's activities can be found on the web-site at
www.salfordreddevilsfoundation.co.uk
ACHIEVEMÉNTS AND PERFORMANCÉ
Revlew of the year
2021 has again been a challenging year with the Covid 19 pandemic continuing to cause disruption throughout the
world.
Page 3

SALFORD RED DEVILS FOUNDATION
Trustees, Report and Financial Statements
For the year ended 30 November 2021
ACHIEVEMENTS AND PERFORMANCE Icontinuedl
Review of the year Icontinuedl
The collaboration with Salford City Council has seen 5RDF remain active in emergency response, regularly delivering
food, medication and other essentials as part of the "Spirit of Salford with the organisation being recognised for its
ongoing contribution. SRDF was involved in the delivery of a programme with Salford Clinical Commissioning Group that
was nominated for a Greater Manchester Health and Care Champion Award 2021. This programme designed to help
social isolation and loneliness saw SRDF staff making 3nd receiving calls from people gre3tly affected by the pandemic
with it ultirnately being norninated for a local award. SRDF continue5 to work tireles51y to ensure that we can continue to
service our community to the best of our abilities. Additional links have also been established with Trafford Council
which has seen SRDF be a primary deliverer ol governm&nt funded Holiday 8Ctivities 8nd food programme IHAFI in
designated holidays acros5 Trafford and Salford. The need for such programme5 wa5 highlighted in the media with
Marcus Rashford leadinE a campaign to feed school children on free school meals in holidays and while not in school.
SRDF senior management and trustees have continued working closely with partners, grant funders, and commissioners
to ensure th3t th& Foundation's growth objectives for th& coming years are still achievable with the immediate
5U5tainability Secured. The Foundation remain5 in a fully 501vent position and through prudent financial rnanagement
and utilising the extended governmenvs coronavirus job retention scheme to its end, there has been no reduction of
staff.
There ha5 actually been an important addition to the tearn with a new Equality and Diversity Lead taken on to be the
drivin£ force behind the Foundation's new and exciting programmes. 2021 sees the official launch of Salford Red Devils
Women's team that will comp&te in the Championship, just under Super League. This 18unch has been possible on the
back of rnultiple years ol fernale pathway development which ha5 seen a girl'5 rising stars programme 51t alongside the
well-established boy pathway. SRDF has worked hard to continue to engage talented sporting boys and girls through its
Academy programme which has an increasingly successful record in nurturing its youth through to professional status.
Numerous students have been able to enter the professional ranks after successfully completing their education with
SRDF at Eccles Sixth Form College. The Dual College Pathway ha5 continued to attract good numbers throughout the
Pandemic and there have been strides taken in the development of the female pathway with a ladies. college team
looking to compete in a league from 2023. Recruitrnent for SRDF'5 education prograrnrnes has remained consistent
desplte the reduced face-to-face activities throughout long peritsds.
Throughout the Pandemic SRDF has b&en able to continue offering services to the most vulnerable in Society and those
that have been particularly hard hit by the restrictlons and reduction in services. After seeing first hand the effects, SRDF
has been able to increase our offering and now has competing Physical Disability IPDRLI and Learning Disability ILDSLI
rugby league team5. The disability sport element to our delivery is growing exponentially and really does highlight that
rugby league truly is a sport for all. SRDF is looking towards this developrnent areas sustainability and an as part of this
process we are enhancing existing and developing new partnerships to hopefully allow the programme to become fullv
self-funding. We feel that this increased provision which we hope you can help support will also increase our participant
numbers which could ultimately open up additional revenue streams. Alongside funded projects and grants,
opportunities such as sponsorship will allow rhe ongoing delivery of a fantastic programme.
Page 4

SALFORD RED DEVILS FOUNDATION
Trustees, Report and Financial Statements
For the year ended 30 November 2021
ACHIEVEMENTS AND PERFORMANCE Icontinuedl
Review of the year Icontinuedl
The SRDF Health programmes have again been invaluable through the oneoine disruptions to lives across the
community. The Offload programme which was ad8Pted quickly to an online offering e3rly in the year to ensure that
our participants were fully 5UPPOrted throughout initial lockdown5 ha5 been able to bring back live 5es5ion5 but our
online presence has and will continue. SRDF continues to develop its health offer and is hopinE to be commissioned to
deliver an innovative community programme as there is ongoing need to provide servic&s that hav& been inaccessible
for so long. The rnale focus of Offload fits into the Salford's Suicide prevention strategy which 15 key to ensure we are
aligned to enable the maximurn number of participants to benefit from the programme, especially in such uncertain
times as there 8r& large increases in local deaths. This has been sadly highlighted by an individual who sign&d up to SRD
Offload programme but tragically took his own life before attending. There ha5 been a fund raiser on hi5 behalf with
Monies being donated to help local children build their mental fitness and hopefully help reduce future suicides.
Although this year has again been rough, we have managed to keep engagement in our health programmes high. Our
targeted over 50's activities has seen a walking rugby team established which sees a regular 15 people att&nd improving
health, Wellbeing and mental litne5s. This group has 3150 been able to engage with our funded veteran5' prograrnmes.
Thanks to the Veteran Foundation and the veterans covenant funding we have been able to establish sessions that
promote health and fitness whilst also increasing partlClP3nts employ3bility with back to work sessions delivered in
Stand alone 5es5ions. We would also not exclude anyone from attending our prograrnmes but there 15 alway5 targeted
marketing for specific groups, and we have found that the targeted approach is working well with good group numbers.
SRDF'S partnership with Eccles Sixth Form College IESFCI is growing in strength as we forrn joint delivery programmes
and enhance each other's delivery opportunities. As we enter the final year of the initial contratt we have formally
agreed to extend the partnership for a further 3 years. SRDF and ESFC have been successfully re accredited as a Dual
Development Academy which is just one of a handful nationwide. Head of Youth Danny 8arton continues to head the
running of our development pathway and remains involved with the club's re5erve5 team which has restarted in 2022
after the suspension of the competition in 2000. Multiple current and ex development academy players are to be
involved with the reserve's setup which is a fantastic achievement and clearly highlights the pathway to success at
Sallord Red Devi15. The Club and SRDF cornpiled an application bid to hopefully be granted the opportunity to run a
Category l Academy thèt would sit under the reserves and above the development academy in the player pathway. The
bid was comprehensive but due to a number of issues outside SRD control the licence was not granted. However due in
part to the fantastic work SRDF ha5 done over the last 7 years in developing local talent and pathways there has been an
opportunity for the club to run U'16 and U'18 games this year with a view too hopefully being able to deliver a full
programme from 2023.
Towards the end of the fiscal year schools and other sporting outlets have started to return to some form of relative
normality 3nd th3nks to SRDF'S outstanding track record of high-quality delivery our links remain strong, and we are
seeing a return of service demand. It is envisaged that our outstanding school delivery programme will be a growth area
and the organization is established as a premier supply of school sports delivery across Greater Manchester, ready to
return to our core deliveries. The Rugby League World Cup 2021 15 now scheduled to take place in 2022 as Covid
Restrictions meant that it was not possible for multiple teams to travel to the UK. SRDF continues to be a key partner in
spreading opportunities to play rugby into additional areas within Greater Manchester. SRDF has been successful in
establishing new playing clubs in Stockport and Bolton th3t have competed in the Greater Manchester Developm&nt
League. Indeed, the league hès been set up through collaboration with the RFL and SRDF are the founding club helping
to develop this concept and we were able to host 2 festivals at the AJ Bell Stadium. The RLWC2021 Legacy programme in
the form of Salford Area Development Plan has allowed us to provide additional outreach block5 of activity for free to
areas and organisatitsns that have previously missed out on rugby league due to their geographical location.
Foundation Director Neil Blackburn continues to work closely with the Club, their board and all stakeholders to ensure
that airns and objective5 are aligned to ensure that the community is best served by the whole organisation.
Page S

SALFORD RED DEVILS FOUNDATION
Trustees, Report and Financial Statements
For the year ended 30 November 2021
PUBLIC BENEFIT
The Trustees of SRDF believe they have complied with the duty in section 17 of the Charities Act 2011 to have due
regard to the public ben&fit guidance published by the Ch3rity Comrnission.
SRDF exists to meet local needs by providing a range of sport, health and educated based activities for the benefit of all
across Salford, Greater Manchester and beyond, regardless of background and ability. SRDF strongly believes it operates
to provide more than just a positive experience when engaging with the Foundation. The benefit5 It regularly achieves
are more significant and it instead strives to achieve a real difference to peoples, lives by helping them back to work,
stop smoking, lose weight, become more aware of the dangers of cancer, enBage in volunteer opportunities, learn new
skills such a5 driving and rnuch more.
FINANCIAL REVIEW
Financial review
Whilst the pandemic afferted our core business, due to sensible financial management and continuation of the furlough
Scheme the financial position of the Foundatlon IS Stable. Cash leve15 were healthy at the year end but we are not
complacent. Successful funding bids have been welcome to reduce the impact of Sky Try coming to an end.
Reserves Policy
The Foundation's policy is to accumulate free reserves in proportion to the risk associated with one or more income
streams failing to deliver to profile. The fre& reserves target equates to three months operational costs, which are now
considerably smaller than before and are predominantly wage costs.
The board ol Trustees has judged this amount to be sufficient to enable the Foundation to effectively manage its affairs.
The Trustee5 are confident that the level of free re5erv&5 will continue to increase.
Surpluses generated in excess of the reserves target will be reinvested in activities which accord with the Foundation's
objective5.
FUTURE PLANS
This year has again been challenging due to the ongoing impatt that the COVID-19 Pandemic is having. SROF has been
able to adapt and continue to serve its community and stakeholders remaining an important third sector organisation
and one of the local area'5 prernier deliverers in the community.
Havin& in partnership with SRD, engaged a funding consultant, we have been able to rnake several 5ucce55ful bids that
will take us into the new fiscal year with the ability to build upon our successes and develop further our outstanding
delivery programmes.
The current climat& sees an incredibly competitiv& market for receiving funding, but SRDF 15 well positioned to be
5ucce551ul and we continue to build our cornmunity programme5 via funded bids. We are bouncing back Stronger as we
are returning to full activities with the ambition now to take on new schools and build up our diverse offer. As an
organis3tion it is key for us to evolve and adapt 3nd with this in mind it 15 planned to take on some young 3pprentices
who can breathe new enthu5ia5m to the org3ni5ation.
SRDF has found success partnering with other third sector organisations to ensure that funders are offered the best
possible outcomes for their money and it is believed that partnership work and collaboration is the best way to
successfully Source new large-scale funding. Existing partnership5 are well developed but the Foundation 15 always open
to working with new organisations such as Manchester Academy of Gymnastics with whom we are currently working.
Page 6

SALFORD RED DEVILS FOUNDATION
Trustees, Report and Financial Statements
For the year ended 30 November 2021
FUTURE PLANS Icontinuedl
Recognising the new challenges young people face, we are committed to going further in creating a new'young Trustee,
group. It has not been possible to establish this during the pandemic but now is the tim& to put thi5 3mbition into
action. SRDF want5 to champion our work with children and young people in Sallord and the Surrounding region and
what better way to do this than to give these very people the opportunity to do it with us. This group will be made up of
young people from our projerts who will take part in a range of activity that helps inform our future provision to ensure
we retain a focus on need5 led delivery and tie5 In with the new apprenticeship opportunities that we will be creating.
We are also signed up to the government's Kick Start programme to give opportunities to young people claiming
Universal Credit.
SRDF will build up new programrnes and funded bids to enhance current delivery while focusing on its strengths as a
provider of health wellbeing, 5POrt5 and education delivery. The outstanding schoo15 programme will continue to grow
with a newly designed deliver¥ model that will be sold into education institutions along with activities including but not
limited to karate, dance and boxing.
The Rugby League World Cup 2021 now taking place in 2022 will be a key event to help spread the Rugby League
delivery and engagement across the wider Gre8ter Manch&ster area. SRDF delivery in Stockport and Bolton will
continue to grow with new club development being the key locus. New partner5 will be engaged and Trafford will see
the development of a new partnership seeing 5RDF female pathway joining forced with Trafford MV RFCC to run joint
sessions in Trallord. Whilst we will continue delivering a quality offer for players, coaches and volunteers across Salford
a5 our core area Greater Manchester deliverie5 will be the legacy delivery plan.
SRDF will continue to be the community face of Salford Red Devils delivering activitie5 and promoting the Club to the
best of its abilities increasing participation and promoting match day activities. SRDF will continue working with the
club's Commercial Director in developing new partnerships and gaining new investment into the organisation targeting
specific new funding around Women, PDRL and LDSL teams. SRDF will offer to meet the corporate social responsibilities
for club sponsor5 and any local bu5ine5se5 looking to harness professional 5POrts clubs power, thus playing an integral
role in delivering key local and national wide messages to the local community.
The new season 15 POi5ed to provide SRDF the opportunity return to delivering 'Red Devi15 In the Cornrnunity, events
around all first team matches. These exhibitions will include local schools and community clubs providing mascots and
flag bearers for each fixture and with their omission for so long, already people are excited to re-engage. Across the
Season SRDF will bring in exce55 of 1,500 spectators to live games as part of the'building the future, 5trate8y.
TRUSTEE INDEMNITY INSURANCE
Indemnity insurance in respect of the trustees has been provided during the year at a cost of £43212020- £4321.
Page 7

SALFORD RED DEVILS FOUNDATION
Trustees, Report and Financial Statements
For the year ended 30 November 2021
TRUSTEES, RESPONSIBIUTIES
The trusrees (who are also the directors of Salford Red Devils Foundation for the purpose of company lawl are
responsible for pr&paring the Trustees, Annual Report and financial staternents in accordance with applicable law and
United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Pratticel.
Company law requires the trustees to prepare financial statements for each financial year which give a true and fair
view of the state of allairs of the charitable company and of the income 8nd exp&nditure, of the ch8ritable company for
that period. In preparing these financial statement5, the trustee5 are required to..
select suitable accounting policies and then apply them consistently,.
observe the methods and principles in the Charities SORP.,
make judgements and estimates that are reasonable and prudent., and
prepare the financial 5tatement5 on the going concern ba515 unle55 It 15 inappropriate to pre5urne that the
charitable company will continue in business.
The trustees are re5pon5ible for keeping adequate accounting records that di5c105e with reasonable accuracy at any
time the financial position of the charitable company and enable them to ensure that the financial statements comply
with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and
hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The fin3ncial statements comply with current statutory requirements. the company's Memorandum and Articles of
A550ciation and the Charities SORP.
The Trustees report was approved and signed on behalf of the Trustees by..
C Taylor
lay 31, 2022 08'.10 GMT+ll
Taylored Buslness Secretsrles Llmlled
Secretary
Date.. 31 May 2022
Page 8

SALFORD RED DEVILS FOUNDATION
Independent Examiner's Report to the Trustees of Salford Red Devils Foundation
For the year ended 30 November 2021
I report to the tru5tee5 (who are a150 Director5 for the purpose of company lawl on my examination ol the financial
statements of Salford Red Devile Foundation I'the charitable companw) for the year ended 30 November 2021 which
comprise the Statement of Financial Activities, the Balance Sheet, th& Statement of Cash Flows 8nd related notes.
Responsibilities and ba515 of report
As the trustees of ch3rit3ble company you are responsible for the preparation of the financial statements in accordance
with the requirements of the Companies Act 20061'the 2006 Act'l.
Having satisfied myself that the financial statements of the charitable company are not required to be audited under
Part 16 01 the Act 8nd are eligible for independent examination, I report in respect ol my examination of the charitable
compan¢5 financial statements carried out under Section 145 of the Charitie5 Act 20111'the 2011 Act'l and in carrying
out my examination I have followed all the applicable Directions given by the Charity Commission under section
1451Sllbl of the 2011 Act.
An independent exarnination doe5 not involve gathering all the evidence that would be required in an audit and
consequently does not cover all the matters that an auditor considers in giving their opinion on the financial statements.
The planning and conduct of an audit goes beyond the limited assurance that an independent examination can provide.
Consequently l express no opinion as to whether the financial statement5 present a 'true and fair, view and my report is
limited to those specific rnatters set out in the independent examiner's statement.
Independent examlner's statement
Since the charitable company's gross incorne exceeded £250,000 your ex8miner must be a member of a body listed in
Section 145 01 the 2011 Act. I confirm that l am qualified to undertake the examination because l arn a member ol the
ICAEW, which is one of the listed bodies.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the
ex3mination giving me cause to believe that in any materi81 reSp￿t..
accounting records were not kept in respect of the charitable cornpany as required by Section 386 of the 2006 Att..
or
the financial statements do not accord with those records,. or
the fin3ncial statements do not comply with the accounting r&quirernents of sertion 396 of th& 2006 Act other than
any requirernent that the financial statement5 give a 'true and fair view which 15 not a tllatter considered as part of
an independent examination., or
the financial statements have not been prepared in accordance with the methods and principles of the Statement
of Recommended Practice for 3ccounting and reporting by charities applicable to charities preparing their accounts
in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021.
I have no concerns and have come across no other matters in connettion with the examination to which attention
should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.
Use of my report
Thi5 report is made solely to the charity's trustees, as a body. in accordance with Section 145 of the Charities Act 2011.
My work has been undertaken so that I might state to the charity's trustees those matters l am required to state to
them in this report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume
re5pon5ibility to anyone other than the charity and the charitV'5 trustees as a body, for my work, lor this report, or for
the opinions I have formed.
MQlaL
M G Garrett FCA
Kay Johnson Gee Limited
I City Road East
Manchester
M154PN
Oate .. 31 May 2022
Page 9

SALFORD RED DEVILS FOUNDATION
Statement of Financial Activities (including Income and Expenditure Account)
For the year ended 30 November 2021
Restricted Unrestricted
Funds
Funds
2021
2021
Total
Funds
2021
Total
Funds
2020
Note
Income
Donotions ttndlegacies
8.367
8,367
1,669
Incomefrom thurituble ortivities
Provision of community developtnent
Grants and contracts
182.435
26.340
208,775
196,626
Incomefrom other trading octffvities
Fundraising
3,391
3,391
GovernmentgrantS
71,036
71,036
53,369
Total income
182,435
109,134
291,569
251,664
Expenditure
Costs oAruisin9fvnds
Fundraising
2.161
2,161
Expenditure on choritoble uctwities
Provision ol community development
Governance costs
182,43S
48,374
8,233
230,809
8,233
227,171
6.583
Total expendlture
182.435
58,768
241,203
233,754
Net income lexpenditurel and net movement in
funds for the year
50,366
50,366
17,909
Funds at l December 2020
41,557
41,557
23,648
Total funds at 30 November 2021
15
91,923
91,923
41,557
The statement of financial activities include5 all gain5 and1055e5 in the year.
All incorne and expenditure derive from continuing activitie5.
Page 10

SALFORD RED DEVILS FOUNDATION
Company reglstered no.. 05843571
Charity registered no: 1119133
Balance Sheet
As at 30 November 2021
Note
2021
2020
Fixed assets
Tangible assets
12
10.12S
14,280
Current asset5
Debtor5
Cash at bank and in hand
7,310
147.167
10,123
57,579
154A77
67,702
Creditor5: amounts falling due within one year
172.6791
140.4251
Net current assets
81,798
27,277
Net assets
91.923
41,557
Funds
Restricted funds
Unrestricted funds
15
15
91.923
41,557
Total funds
91.923
41,557
The directors consider that the company is entitled to &xemption from the requirement to have an audit under the
provi510n5 of Section 477 the Companie5 Act 20061 the Act") and members have not required the company to obtain an
audit for the year in question in accordance with section 476 of the Act. The directors acknowledge their responsibilitv
for ensuring that the company keeps accounting records which comply with sertion 386 01 the Act and for preparing
financial 5tatement5 which give a true and fair view of the State of affair5 of the company a5 at 30 November 2021 and
of its surplus or deficit for the year then ended in accordance with the requirements of settions 394 and 395 of the Act
and which otherwise comply with the requirements of the Companies Act 2006 relating to the financial statements so
far as applicable to the company.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small
companies, r&gime
The financial statements on pages 10 to 18 were approved by the Board of Trustees
APASnope
Trustee
Date '.
31 May 2022
Page 11

SALFORD RED DEVILS FOUNDATION
Statement of Cash Flows
For the year ended 30 November 2021
2021
2020
Cash flow from operating activities
89.913
42,118
Cash flow from investing activities
Payments to acquire tangible fixed assets
Disposal of fixed assets
132SI
Increaselldecreasel In cash and cash equlvalents
89,588
42,118
Cash and cash equivalents
At l December 2020
57,579
15,461
At 30 November 2021
147,167
57,579
Cash and cash equlvalents ¢onslsts of:
Cash at bank and in hand
147,167
57,579
Reconciliation of net incomellexpenditurel to net cash flow
from operating activities
Net incomellexpenditurel for year
Depreciation
Ilncrea5el decrease in debtor5
Decrease in creditor5
2021
2020
50,366
4,480
2,813
32,254
17,909
4,447
5,606
14,156
Net cash flow from operating activities
89,913
42,118
Page 12

SALFORD RED DEVILS FOUNDATION
Notes to the Financial Statements
For the year ended 30 November 2021
General information
Salford Red Devils Foundation Limited is a registered charity and a company limited by guarantee in the United
Kingdom. In the event of the Charity being wound up, the liability in respect of the guarant&e is limited to £1 per
member of the Charity. The addre55 of the registered office is given in the charity inlortnation on paBe 2 of these
financial statements. The Charity's operations and principal attivities are the provision of education and sports
The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in
accordance with Accounting and Reporring by Charities.. statement of Recommended Practice applicable to charities
preparing 3ccounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ir&land
IFRS 1021 issued on 16 July 2014, the Financial Reporting Standard applicable in the United Kingdom and Republic of
Ireland IFRS 1021, the Charities Art 2011, the Companies Act 2006 and UK Generally Accepted Accounting Practice as it
applies frorn l January 2015.
Accounting policies
Basls of a¢countln8
These financial 5tatement5 are prepared on a going concern basi5 under the historical c05t convention, modified to
include certain items at fair value. The financial statements are prepared in the functional currency of the Charity.
The significant accounting policies applied in the preparation of these financial statements are set out below. These
polici&5 have been consistently applied to all years presented unless Otherwise Stated.
Income
Income from donations is included in the financial statements for the period in which payment was received.
Investment income comprises of interest. and is accounted for on a receivable basis.
Grants and contratt incorne receivable is credited to the SOFA in the period in which the charity becomes entitled to
receive the grant. Grants which are for a specific future period are deferred to that period.
Expenditure
All expenditure is accounted for on an accruals basis and has been classified under he8dings that aggregate all costs
related to that category. Expenditure include5 any VAT which cannot be fully recovered, and 15 reported as part of the
expenditure to which it relates.
Expenditure is recognised when it is incurred and is reported gross of related income on the following basis..
Cost5 01 g&nerating funds comprise cost5 associated with attracting voluntary incorne and the costs ol other income
generated.
Charitable expenditure comprises direct expenditure including direct staff costs attriburable to its activities. Where
costs cannot be directly attributable, they have been allocated to activities on a b8sis consistent with th& us& ol
those resources.
Governance costs, including those incurred in the governance of its assets and are directly associated with
constitutional and statutory requirements.
Tax
The Charity is an exempt charity within the meaning of schedule 3 of the Charities Act 2011 and is considered to pass
the tests set out in Par3graph I Schedule 6 Fin3nc& Act 2010 and therefore it meets the d&finition ol a charitable
cotnpany for UK corporation tax purposes.
Page 13

SALFORD RED DEVILS FOUNDATION
Notes to the Financial Statements
For the year ended 30 November 2021
Accounting policies Icontinuedl
Tangible fixed assets
TanEible fixed assets costing more than £250 are capitalised and included on the Balance sheet initially at cost, anv
related grants being shown as restricted fixed 8sset funds if appropriat&. which fund future d&preci8tion of the assets.
Donated assets are included at an estimated value at the date of acquisition.
Depreciation is provided at rates calculated to write off the cost of each asset over its expected useful life as follows..
Motor vehicles
Office furniture & equipment
4 years
3- 10 years
Debtors and credltors recefvablelpayable wlthln one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction
price. Any105ses arising from impairment are recognised in expenditure.
Fund balan¢es
Unrestricted fund5 are incoming resources receivable or generated for the objects of the charity, without restriction.
and are available as general funds to be applied as the charity sees lit.
Restricted funds are to be used for a specific purpose as stipulated by the donor. Expenditure within this criterion is
charged to the fund, together with a fair allocation of management 8nd adrninistration overheads.
Leases
Rentals applicable to operating leases where substantially all the benefits and risks of ownership remain with the lessor
are charged to the St3tement of Fin3ncial Activities in th& ye3r in which they accrue.
Going concern
The financial statements have been prepared on a going concern basis as the trustees believe that no material
uncertainties exist. The trustees have considered the level of funds held and the expected level of income and
expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure is
sufficient with the level of reserves for the charity to be able to continue as a going concern.
Donatlons and le8acles
Restriued Unresrrfcied
Total
20ZI
Total
2020
Z021
2021
Sundry donations
8,367
8,367
1.669
Fundraising
Re5tri£ted Unrestricted
Total
Tot31
2021
2021
2021
2020
Events
3,391
3,391
Page 14

SALFORD RED DEVILS FOUNDATION
Notes to the Financial Statements
For the year ended 30 November 2021
Grants and contracts
Re5tricled Unrestricted
Funds
Funds
2021
2021
Total
Funds
2021
Total
Funds
2020
ESC Lotterv
Salford City College
Covid-19 Projett
Schools sports Delivery
RL Cares
RFL
Sky Try
8ury M8C
Postcode Neighbour
Sallord City Council
Sallord Comrnunity
Armed Force5 Covenant
Heritage Lotterv
Worker5 Educational
Supporter5 Trust
Veterans Foundation
Cheshire Comrnunity
Trafford MBC
3,575
3,575
26,340
9,600
24,003
1,510
20,289
60,170
1,820
3,581
10,259
14,000
6,782
4,071
2,842
925
2,333
7.475
9.200
26,340
31,608
9,6Tr)
24,C(13
1,510
20,289
60,170
1,820
3,581
10.259
24,066
10,355
104,714
20,426
4,957
6.782
4,071
2,842
925
2,333
7.475
9.200
500
182,435
26,340
208,775
196,626
Government grants
Restriued Unrestrfcied
Total
20ZI
Total
2020
2021
2021
Furlough income
71,036
71,036
53,369
Expenditure
Charitable
activities
TOTAL
2021
Fumdraisine
2020
Wages
- Comrnunity development
Running costs
Direct Costs
Administrative costs
Governance costs
141.443
28,787
46,469
14,110
8.233
141,443
29,255
47,933
14.339
8.233
161,929
29,255
22,073
13,914
6,583
229
239.042
2,161
241,203
233,754
Page 15

SALFORD RED DEVILS FOUNDATION
Notes to the Financial Statements
For the year ended 30 November 2021
Governan￿ costs
2021
2020
Unrestricted expenditure
Company secretarial
Accountancy and independent examination fees
Other profession31 fees
527
4.040
3,666
830
4,000
1,753
8,233
6,583
Net In¢ome lexpendlturel and net movement In funds for the year
2021
2020
Net income lexpenditurel is stated after charging..
Independent examiner's fees
Independent examination fees
Other 5ervice5
Depreciation of tangible fixed as5et5
4,000
1,623
4,447
3,666
4.480
10 Stsff costs
2011
2020
Wages and salaries
Social security costs
Pension costs
155,550
12,302
2,846
173,824
14,100
3.260
170,698
191,184
The aver8ge monthly number of employees during the year w8S'.
2021
Number
2020
Number
Management
Community development
No employee received rernuneration in excess of £60,000.
11 Trustee remuneration and expenses
None of the trustees received any remuneration during either of the two years.
Paze 16

SALFORD RED DEVILS FOUNDATION
Notes to the Financial Statements
For the year ended 30 November 2021
12 Tangible fixed assets
Office
lurniture &
Motor
vehicle5
equipment
Total
Cost or valuation
At l December 2020
Additions
Disp05als
8,490
23,250
325
31,740
325
At 30 November 2021
8,490
23,575
32,065
Depreciation
At l December 2020
Charge lor the y&ar
0i5P05a15
2,476
2,122
14,984
2,358
17,460
4.480
At 30 November 2021
4,598
17,342
21,940
Net book value
At 30 November 2021
3,892
6,233
10.125
At 30 November 2020
6,014
8,266
14,280
13 Debtors
20ZI
2020
Other debtors
Prepayments
Grants receivable
7.310
7,489
2.634
7,310
10,123
14 Credltors amounts falllng due wlthln one year
2021
2020
Other taxes and social security costs
Loans
Accrua15
Deferred Income
4,096
5,836
16,447
52,136
3,801
30,788
72,679
40,425
Page 17

SALFORD RED DEVILS FOUNDATION
Notes to the Financial Statements
For the year ended 30 November 2021
15 Movement in fund5
AtIDec
2020
At 30 Nov
2021
Note
Income Expenditure
Restricted funds:
ESC Lottery
Covid-19 Project
Schools Sports Oelivery
RL Cares
RFL
Sky Trv
Bury MBC
Postcode Neighbour
Salford City Council
Salford Cornrnunity
Armed Forces Covenant
Heritage Lottery
Worker5 Educ3tional
Supporters Trust
Veterans Foundation
Cheshire Community
Trafford M8C
3,575
9,600
24,003
1,510
20,289
60,170
1,820
3,581
10,259
14,(M)O
6,782
4,071
2.842
925
2,333
7,475
9,200
13,5751
19,6001
124,0031
11,5101
120,2891
160,1701
11,8201
13,5811
110,2591
114,0001
16,7821
14,0711
12,8421
19251
12,3331
17,4751
19,2001
iv.
182,435
1182,4351
Unrestrlrted funds..
Gener31 fund5
41,557
109,134
158,7681
91,923
Total funds
41.557
291,569
1241.2031
91,9Z3
Fund5 were received frotn the following to fund Specific project5..
Covid 19 Project- Sport Eng13nd Back to Activity
Schools delivery- bespoke packages of delivery featuring activities including rugby* karate and dance.
RFL- Sport England Participation Development Plan
Sky Try funding- NG8 led lor multi faceted schools programme to increase participation.
Salford City Council Holiday Camps, Hunger delivery
Salford Community- CVS local delivery- mental health, disability, special needs
vii. Armed Forces Covenant- specific targeted programme
viii. Heritage Lortery- RL World Cup based
Workers Educational- Back to Work programmes
Cheshire Community- World Cup related
Trafford MBC- Children's summer camps
16 Related party transattions
The Foundation operates entirely independently of Salford City Reds120131 Limited I'the Club") but wtsrks very closelv
with it to help maximise income opportunities for both parties.
There are agreed recharges of income and expenditure which are intended to be financi311y neutral for t>oth parties.
At the year end there were no outstanding balance5 either due to or from the Club
Paze 18