DocuSign Envelope ID: 35BBE9B7-14E3-48AA-A456-95866CD6BBAC
**REGISTERED COMPANY NUMBER: 06303512 (England and Wales) REGISTERED CHARITY NUMBER: 1120745**
## **REPORT OF THE TRUSTEES AND**
**FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022**
## **FOR**
## **WIGAN ATHLETIC FC COMMUNITY TRUST**
Fairhurst Statutory Auditor Chartered Accountants Douglas Bank House Wigan Lane Wigan Lancashire WN1 2TB
DocuSign Envelope ID: 35BBE9B7-14E3-48AA-A456-95866CD6BBAC
## **WIGAN ATHLETIC FC COMMUNITY TRUST**
## **CONTENTS OF THE FINANCIAL STATEMENTS for the Year Ended 31 August 2022**
|||**Page**||
|---|---|---|---|
|**Report of the Trustees**|1|to|5|
|**Report of the Independent Auditors**|6|to|9|
|**Statement of Financial Activities**||10||
|**Statement of Financial Position**||11||
|**Statement of Cash Flows**||12||
|**Notes to the Statement of Cash Flows**||13||
|**Notes to the Financial Statements**|14|to|22|
|**Detailed Statement of Financial Activities**|23|to|24|
DocuSign Envelope ID: 35BBE9B7-14E3-48AA-A456-95866CD6BBAC
## **WIGAN ATHLETIC FC COMMUNITY TRUST**
## **REPORT OF THE TRUSTEES for the Year Ended 31 August 2022**
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 August 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
## **Introduction**
Wigan Athletic Community Trust was established as a registered charity in 2007 and now employs up to 72 staff who deliver community based activities across Wigan and the surrounding area that impact over 10,000 people each.
In September 2021, the charity moved to a new operational base at Robin Park Leisure Centre which is opposite the DW Stadium. The facility provided by Wigan Council consists of office and meeting space and a suite of classrooms.
The purpose of the charity as detailed out in its governing document is to:
- to further and assist in the education (on a social and physical basis) of children and adults within Wigan and surrounding areas (including without limitation, Ormskirk, St Helens and Rainford) without reference to race, religion and belief, sex, disability, nationality, ethnic or national origin or social background through the use of the game of football (including its history and rules) and other ancillary sporting activities as educational tools and in furtherance of that object to provide in Wigan and its surrounding area facilities for meetings, lectures and classes for the benefit of such children and adults;
- to provide or assist in the provision of sporting and recreational facilities for the public of Wigan and surrounding areas (including without limitation, Ormskirk, St Helens and Rainford) without reference to race, religion and believe, sex, disability, nationality, ethnic or national origin or social background, with the object of improving their conditions of life.
## **OBJECTIVES AND ACTIVITIES**
## **Vision, Aims and Objectives**
Wigan Athletic Community Trust has established three key outcomes that it works towards which form the basis of its vision to:
Work with Wigan Athletic Football Club to: Improve Health, Enhance Life Chances and Create Stronger Safer Communities.
Its activities cover three areas of operation: Schools, Community Development and Training and Skills, which aim to:
- Increase Participation in sport across all levels of society - particularly those from underrepresented groups
- Encourage young people and families to lead healthier and more active lifestyles
- Improve the skills, aspirations and achievements of young people
- Contribute towards increased community cohesion by improving the quality of life of young people and families
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DocuSign Envelope ID: 35BBE9B7-14E3-48AA-A456-95866CD6BBAC
## **WIGAN ATHLETIC FC COMMUNITY TRUST**
## **REPORT OF THE TRUSTEES**
**for the Year Ended 31 August 2022**
## **ACHIEVEMENT AND PERFORMANCE Project and Activities during 2021/2022**
Between September 2021 and August 2022 Wigan Athletic Community Trust was able to support over 11,000 people across Wigan and its surrounding area.
The charity supports residents in Wigan throughout their life course - from enabling children to be more school ready, through to making them life ready with education programmes in primary and secondary schools and then career ready with post 16 education and training courses.
It also provides additional support to more vulnerable young people, who need that extra help to improve their resilience and mental health or make positive choices around the lifestyles they lead so they stay away from negative behaviours that can affect the whole community.
## **School Based Activities:**
- Kids on the Move: Fitness programme for 3 to 4 year olds to improve their communication skills and personal development and help make them more school ready
- Primary Stars: Working with 102 primary schools offering a range of services including PE coaching, mentoring for teaching, football competitions, literacy, numeracy and PSHE lessons for pupils
- PE Coaching and After School Clubs: Supporting primary schools with their PE provision and providing affordable after school clubs in 20 different sports
- Premier League Inspires: Provides mentoring support to students at secondary school who are at risk of exclusion
## **Community Development Activities:**
- Kicks: Free football and sports coaching for 8 - 19 year olds in seven areas of Wigan, with sessions running at times when young people are at risk of becoming involved in anti-social behaviour
- Wigan Youth Zone: Football coaching for 8 - 19 year olds at £6million town centre youth centre
- Pathway 2 Participation: Mentoring scheme for 120 of the most vulnerable 12 - 19 year olds in Wigan
- Chances: Providing a range of targeted support to groups of young people with poor school attendance or at risk of involvement in crime and anti-social behaviour
- Holiday Activity Fund: Free holiday activities for children that also gives them the opportunity to receive a meal during the school holiday
- Every Player Counts: Football coaching for young people with disabilities both in school and out of school
- Latics Soccer Schools: Affordable football courses for 6-14 year olds during school holidays
- Latics Dance Camps: Holiday courses for children between the ages of 6 - 14
- Football 4 Forces: Weekly football sessions for members of the armed forces community that are designed to improve their physical and mental health
- Extra Time: weekly social and physical activities for over 55's at the DW Stadium and venues across Wigan.
- Fit Latics/Lose Weight Feel Great for Men: Men's weight programme organised in partnership with ELF Trust, Sport England, Wigan Warriors and Wigan Council
## **Training and Skills Activities:**
- Level 2 and 3 Football and Education: Programme for unemployed 16 - 18 year olds
- Traineeships: 3 month work placements for unemployed 16 - 18 year olds
- Kick Start: Job creation programme for unemployed 16 - 24 year olds
- University of South Wales Foundation Degree
- NCS - social action and volunteering scheme for 16 and 17 year olds
## **Achievements and performance 2021/2022**
## **Reach:**
- 11,205 participants
- 27 average number of contact hours per person
- 3,653 primary school pupils supported to achieve the minimum government guidance of at least 2 hours of physical education a week
- 1,600 16-18 year olds engaged on evening and weekends
- 674 adults helped to become more physically active
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DocuSign Envelope ID: 35BBE9B7-14E3-48AA-A456-95866CD6BBAC
## **WIGAN ATHLETIC FC COMMUNITY TRUST**
**REPORT OF THE TRUSTEES for the Year Ended 31 August 2022**
## **ACHIEVEMENT AND PERFORMANCE – continued**
## **Working with:**
- 30 early years settings
- 70 primary schools
- 16 secondary schools
- 5 Further Education Colleges
- 2 Universities
- 30 of participants are female
- 9% of participants from BAME communities
## **Improved Health:**
- 72% of participants understand the importance of physical activity
- 69% of participants understand the importance of good mental wellbeing
- 66% of participants understand the importance of good physical health
- 65% of participants intend to continue to make positive changes to improve their health and wellbeing
- 91% of participants between the ages of 12 and 19 had an improvement in positive mental health
- 416kg total weight loss across 115 participants on weight management programmes
- 39% increase in participants over 55 never feeling lonely
- 65% of young people between the ages of 12-19 improved their physical literacy
## **Enhanced Life Chances:**
- 104 qualifications for young people
- 2,271 hours of work placements
- 74% of young people between the ages of 16-24 progress onto full time education or gained employment
- 75% increase in resilience amongst secondary school students
- 93% of young people experienced an improvement in confidence and self esteem
## **Created stronger, safer communities:**
- 76% of secondary school students feel they make a positive contribution to their school
- 73% of participants contribute to stronger, safer and more inclusive communities
- 94% of young people did not re-offend in 3 month period after engaging in mentoring
## **FINANCIAL REVIEW**
## **Financial Review**
The 2021/2022 financial year was a positive period for Wigan Athletic Community Trust and it was able to increase its income by 23%. Income for the full year was £1,677,127 (2021: £1,364,917) while expenditure for the period was £1,665,825 (2021: £1,262,897), resulting in a small surplus of £11,302.
## **Reserves policy**
The Board of Trustees has established a reserves policy, in compliance with the Charity Commission guidelines, which it reviews annually. The trustees have determined that an appropriate level of "free" (unrestricted) reserves, which are not invested in fixed assets, should ideally be sufficient to meet between 3-6 months operating costs; for 2022/23 this amounts to £370k (2021/22 : £315k).
## **FUTURE PLANS**
The Community Trust published its new five year strategy in December 2022, which will help shape our future programmes. The charity is keen to work with the Football Club and other local businesses to help young people across Wigan find the training and employment opportunities that they deserve, while also helping people to become more physically active as we adapt to a post-COVID-19 world and the current cost of living crisis.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The Company is registered as a charitable company limited by guarantee and is governed by a Memorandum of Association.
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## **WIGAN ATHLETIC FC COMMUNITY TRUST**
## **REPORT OF THE TRUSTEES for the Year Ended 31 August 2022**
## **STRUCTURE, GOVERNANCE AND MANAGEMENT Organisational structure**
The Community Trust is managed on a day to day basis by a Head of Community, Tom Flower, whose role was to provide leadership and strategic direction to the charity and oversee all operational activities involved its running including financial and governance compliance. The Head of Community is supported by three senior managers with responsibility for Operations, Schools, Community Development, Training and Skills.
The Charity is devastated to report the tragic and untimely death of Tom Flower, who has been a tireless and dedicated leader of the Community Trust team. A number of heartfelt tributes have been expressed, including from Wigan Athletic and the wider Wigan Borough in December 2022.
The Community Trust appointed a new Head of Community, Gareth Nolan in March 2023. Gareth worked under Tom Flower's tenure and was the Assistant Head of Community for three years whilst overseeing the Schools operations.
## **Induction and training of new trustees**
The charity's Board of Trustees is made up 10 members with a broad range of skill and experience who meet every three months. New trustee representatives from Wigan Athletic FC and Wigan Athletic Supporters Club were added to the board during the year.
Each trustee receives a full induction before joining the Board which covers the Community Trust's Aim and Objectives as well as their roles and responsibilities as a Trustee.
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number**
06303512 (England and Wales)
## **Registered Charity number**
1120745
## **Registered office**
Robin Park First Floor Offices Robin Park Leisure Centre Loire Drive Wigan Lancashire WN5 0UL
## **Trustees**
P R Williams P Ivory J H Jackson (resigned 27/6/2022) D T Molyneux C E Evans E Boyce J B Meadows C M Robinson M Brannigan (appointed 1/10/2021) (resigned 27/03/2023) C Molyneux (appointed 1/10/2021) T P Marwick (appointed 26/9/2022)
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## **WIGAN ATHLETIC FC COMMUNITY TRUST**
## **REPORT OF THE TRUSTEES for the Year Ended 31 August 2022**
## **REFERENCE AND ADMINISTRATIVE DETAILS Auditors**
Fairhurst Statutory Auditor Chartered Accountants Douglas Bank House Wigan Lane Wigan Lancashire WN1 2TB
## **Bankers**
Barclays Bank PLC Wigan Branch Market Place Wigan Lancashire WN1 1QS
## **STATEMENT OF TRUSTEES' RESPONSIBILITIES**
The trustees (who are also the directors of Wigan Athletic FC Community Trust for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charity SORP;
- make judgements and estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to 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.
In so far as the trustees are aware:
- there is no relevant audit information of which the charitable company's auditors are unaware; and
- the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the auditors are aware of that information.
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
09 May 2023 | 13:21 BST Approved by order of the board of trustees on ............................................. and signed on its behalf by:
........................................................................ P R Williams - Trustee
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## **REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF WIGAN ATHLETIC FC COMMUNITY TRUST**
## **Opinion**
We have audited the financial statements of Wigan Athletic FC Community Trust (the 'charitable company') for the year ended 31 August 2022 which comprise the Statement of Financial Activities, the Statement of Financial Position, the Statement of Cash Flows and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
- In our opinion the financial statements:
- give a true and fair view of the state of the charitable company's affairs as at 31 August 2022 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended;
- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
- have been prepared in accordance with the requirements of the Companies Act 2006.
## **Basis for opinion**
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
## **Conclusions relating to going concern**
In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.
## **Other information**
The trustees are responsible for the other information. The other information comprises the information included in the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon.
Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.
In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.
## **Opinions on other matters prescribed by the Companies Act 2006**
In our opinion, based on the work undertaken in the course of the audit:
- the information given in the Report of the Trustees for the financial year for which the financial statements are prepared is consistent with the financial statements; and
- the Report of the Trustees has been prepared in accordance with applicable legal requirements.
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## **REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF WIGAN ATHLETIC FC COMMUNITY TRUST**
## **Matters on which we are required to report by exception**
In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the Report of the Trustees.
We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:
- adequate accounting records have not been kept or returns adequate for our audit have not been received from branches not visited by us; or
- the financial statements are not in agreement with the accounting records and returns; or
- certain disclosures of trustees' remuneration specified by law are not made; or
- we have not received all the information and explanations we require for our audit; or
- the trustees were not entitled to take advantage of the small companies exemption from the requirement to prepare a Strategic Report or in preparing the Report of the Trustees.
## **Responsibilities of trustees**
As explained more fully in the Statement of Trustees' Responsibilities, the trustees (who are also the directors 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 and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.
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## **REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF WIGAN ATHLETIC FC COMMUNITY TRUST**
## **Our responsibilities for the audit of the financial statements**
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:
- we identified the laws and regulations applicable to the charitable company through discussions with trustees and other management, focusing on those that had a direct effect on the financial statements or that had a fundamental effect on it's operations. Key laws and regulations that we identified included the UK Companies Act, Charity SORP, tax legislation, employment legislation and Health and Safety regulations.
- we enquired of the trustees and reviewed correspondence with HMRC and the Charity Commission for evidence of non-compliance with laws and regulations. We also reviewed controls the trustees have in place to ensure compliance.
We assessed the susceptibility of the charitable company's financial statements to material misstatement, including obtaining an understanding of how fraud might occur, by:
- making enquiries of management as to where they considered there was susceptibility to fraud, their knowledge of actual, suspected and alleged fraud; and
- considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and regulations.
- performed analytical procedures to identify any unusual or unexpected relationships;
- tested journal entries to identify unusual transactions;
- assessed whether judgements and assumptions made in determining the accounting estimates were indicative of potential bias.
- we reviewed financial statements disclosures and tested to supporting documentation to assess compliance with relevant laws and regulations discussed above;
- we enquired of the trustees about actual and potential litigation and claims.
Due to inherent limitations of an audit, there is an unavoidable risk that we may not have detected some material misstatements in the financial statements, even though we have properly planned and performed our audit in accordance with auditing standards. For example, as with any audit, there remained a higher risk of non-detection of irregularities, as these may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal controls. We are not responsible for preventing fraud or non-compliance with laws and regulations and cannot be expected to detect all fraud and non-compliance with laws and regulations.
A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors.
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## **REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF WIGAN ATHLETIC FC COMMUNITY TRUST**
## **Use of our report**
This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's members as a body, for our audit work, for this report, or for the opinions we have formed.
John B S Fairhurst BA(Hons) FCA (Senior Statutory Auditor) for and on behalf of Fairhurst Statutory Auditor Chartered Accountants Douglas Bank House Wigan Lane Wigan Lancashire WN1 2TB
09 May 2023 | 14:16 BST Date: .............................................
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DocuSign Envelope ID: 35BBE9B7-14E3-48AA-A456-95866CD6BBAC
## **WIGAN ATHLETIC FC COMMUNITY TRUST**
## **STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 August 2022**
|Notes
**INCOME AND ENDOWMENTS FROM**
**Charitable activities**
5
General
Schools
Community development
Training and skills
Investment income
4
**Total**
**EXPENDITURE ON**
**Charitable activities**
6
General
Schools
Community development
Training and skills
**Total**
**NET INCOME/(EXPENDITURE)**
**Transfers between funds**
15
**Net movement in funds**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**|Unrestricted
funds
£
148,835
199,775
338,221
313,923
-
1,000,754
96,990
237,835
331,327
318,672
984,824
15,930
6,387
22,317
368,335
390,652|Restricted
funds
£
46,279
174,000
456,094
-
-
676,373
44,108
213,395
423,498
-
681,001
(4,628)
(6,387)
(11,015)
21,897
10,882|2022
Total
funds
£
195,114
373,775
794,315
313,923
-
1,677,127
141,098
451,230
754,825
318,672
1,665,825
11,302
-
11,302
390,232
401,534|2021
Total
funds
£
352,907
272,315
492,892
246,561
242|
|---|---|---|---|---|
|||||1,364,917|
|||||202,696
245,305
485,839
329,057|
|||||1,262,897|
|||||102,020
-|
|||||102,020
288,212|
|||||390,232|
The notes form part of these financial statements
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## **WIGAN ATHLETIC FC COMMUNITY TRUST**
**STATEMENT OF FINANCIAL POSITION 31 August 2022**
|Notes
**FIXED ASSETS**
Tangible assets
11
**CURRENT ASSETS**
Debtors
12
Cash at bank and in hand
**CREDITORS**
Amounts falling due within one year
13
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**NET ASSETS**
**FUNDS**
15
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|2022
£
83,419
131,275
319,088
450,363
(132,248)
318,115
401,534
401,534
390,652
10,882
401,534|2021
£
70,927
147,939
367,379
515,318
(196,013)
319,305
390,232
390,232
368,335
21,897
390,232|
|---|---|---|
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by: 09 May 2023 | 13:21 BST
............................................. P R Williams - Trustee
The notes form part of these financial statements
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## **WIGAN ATHLETIC FC COMMUNITY TRUST**
## **STATEMENT OF CASH FLOWS for the Year Ended 31 August 2022**
|Notes
**Cash flows from operating activities**
Cash generated from operations
1
Net cash used in operating activities
**Cash flows from investing activities**
Purchase of tangible fixed assets
Sale of tangible fixed assets
Interest received
Net cash used in investing activities
**Change in cash and cash equivalents in**
**the reporting period**
**Cash and cash equivalents at the**
**beginning of the reporting period**
2
**Cash and cash equivalents at the end of**
**the reporting period**
2|2022
£
(10,520)
(10,520)
(37,771)
-
-
(37,771)
(48,291)
367,379
319,088|2021
£
(78,445)
(78,445)
(44,520)
4,738
242
(39,540)
(117,985)
485,364
367,379|
|---|---|---|
The notes form part of these financial statements
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## **WIGAN ATHLETIC FC COMMUNITY TRUST**
## **NOTES TO THE STATEMENT OF CASH FLOWS for the Year Ended 31 August 2022**
## **1. RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES**
||**ACTIVITIES**||||
|---|---|---|---|---|
||||2022|2021|
||||£|£|
||**Net income for the reporting period (as per the Statement of Financial**||||
||**Activities)**||11,302|102,020|
||**Adjustments for:**||||
||Depreciation charges||25,279|12,566|
||Profit on disposal of fixed assets||-|(2,369)|
||Interest received||-|(242)|
||Decrease/(increase) in debtors||16,664|(86,243)|
||Decrease in creditors||(63,765)|(104,177)|
||**Net cash used in operations**||(10,520)|(78,445)|
|**2.**|**ANALYSIS OF CASH AND CASH EQUIVALENTS**||||
||||2022|2021|
||||£|£|
||Cash in hand||285|-|
||Cash at bank||318,803|367,379|
||Total cash and cash equivalents||319,088|367,379|
|3.|**ANALYSIS OF CHANGES IN NET FUNDS**||||
|||At 1/9/21|Cash flow|At 31/8/22|
|||£|£|£|
||**Net cash**||||
||Cash at bank and in hand|367,379|(48,291)|319,088|
||**Total**|367,379|(48,291)|319,088|
The notes form part of these financial statements
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## **WIGAN ATHLETIC FC COMMUNITY TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS for the Year Ended 31 August 2022**
## **1. STATUTORY INFORMATION**
Wigan Athletic FC Community Trust is a charitable company, limited by guarantee, registered in England and Wales. The company’s registered office address can be found in the Report of the Trustees.
## **2. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Grants, including grants for the purchase of fixed assets, are recognised in full in the Statement of Financial Activities in the year in which they are receivable, except for those grants which are for a future specific period, in which case the relevant amount is deferred to that period.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably.
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category.
Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charity and include the audit fees.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Equipment - 25% on reducing balance
Tangible fixed assets are stated at cost less depreciation.
## **Taxation**
The Company is exempt from corporation tax on its charitable activities.
Value Added Tax is not generally recoverable by the Charity and as such is included in the relevant costs in the Statement of Financial Activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the Company. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
continued...
Page 14
DocuSign Envelope ID: 35BBE9B7-14E3-48AA-A456-95866CD6BBAC
## **WIGAN ATHLETIC FC COMMUNITY TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 August 2022**
## **2. ACCOUNTING POLICIES - continued**
## **Pension costs and other post-retirement benefits**
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
## **Financial instruments**
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.
Related party loans have no stated interest rate, are payable within one year and are measured at the undiscounted amount due.
## **Government income**
Government income comprises grants and subsidies provided as a direct result of the Covid-19 pandemic.
## **3. JUDGEMENTS AND KEY SOURCES OF ESTIMATION UNCERTAINTY**
In the application of the charity's accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experiences and other factors that are considered to be relevant. Actual results may differ from these estimates.
These estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
## **Critical judgements**
At the end of the year, the trustees do not consider that there were any critical judgements which have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities.
## **Key sources of estimation uncertainty**
At the end of the year, the trustees do not consider that there were any key sources of estimation uncertainty which have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities.
## **4. INVESTMENT INCOME**
|**INVESTMENT INCOME**||||
|---|---|---|---|
||2022||2021|
||£||£|
|Deposit account interest||-|242|
Page 15
continued...
DocuSign Envelope ID: 35BBE9B7-14E3-48AA-A456-95866CD6BBAC
## **WIGAN ATHLETIC FC COMMUNITY TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 August 2022**
## **5. INCOME FROM CHARITABLE ACTIVITIES**
Grants received are as follows:-
|Grants received are as follows:-||||||
|---|---|---|---|---|---|
|**CHARITABLE ACTIVITIES COSTS**
General
Schools
Community development
Training and skills
**SUPPORT COSTS**
General
Schools
Community development
Training and skills|Direct
Costs
£
139,653
449,403
752,488
317,193
1,658,737
Finance
£
23
92
149
74
338|2022
£
1,324,696
Support
costs (see
note 7)
£
1,445
1,827
2,337
1,479
7,088
Governance
costs
£
1,422
1,735
2,188
1,405
6,750||2021
£
1,072,295
Totals
£
141,098
451,230
754,825
318,672||
|||||||
|||||1,665,825||
|||||Totals
£
1,445
1,827
2,337
1,479
7,088||
||||||7,088|
## **6. CHARITABLE ACTIVITIES COSTS**
## **7. SUPPORT COSTS**
Page 16
continued...
DocuSign Envelope ID: 35BBE9B7-14E3-48AA-A456-95866CD6BBAC
## **WIGAN ATHLETIC FC COMMUNITY TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 August 2022**
## **8. NET INCOME/(EXPENDITURE)**
Net income/(expenditure) is stated after charging/(crediting):
|Auditors' remuneration
Depreciation - owned assets
Surplus on disposal of fixed assets|2022
£
6,750
25,279
-|2021
£
6,780
12,566
(2,369)|
|---|---|---|
## **9. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 August 2022 nor for the year ended 31 August 2021.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 August 2022 nor for the year ended 31 August 2021.
## **10. STAFF COSTS**
|Wages and salaries
Social security costs
Other pension costs|2022
£
1,094,563
93,605
21,523
1,209,691|2021
£
911,709
69,020
17,675
998,404|
|---|---|---|
The average monthly number of employees during the year was as follows:
|2022|2021|
|---|---|
|72|63|
The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was:
|||2022|2021|
|---|---|---|---|
|£60,001|- £70,000|1|1|
continued...
Page 17
DocuSign Envelope ID: 35BBE9B7-14E3-48AA-A456-95866CD6BBAC
## **WIGAN ATHLETIC FC COMMUNITY TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 August 2022**
## **11. TANGIBLE FIXED ASSETS**
|**COST**
At 1 September 2021
Additions
Disposals
At 31 August 2022
**DEPRECIATION**
At 1 September 2021
Charge for year
Eliminated on disposal
At 31 August 2022
**NET BOOK VALUE**
At 31 August 2022
At 31 August 2021
**12.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Prepayments and accrued income
**13.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Accrued expenses
Deferred income|2022
£
131,275
2022
£
86,393
45,855
132,248|Equipment
£
138,183
37,771
(5,067)
170,887
67,256
25,279
(5,067)
87,468
83,419
70,927
2021
£
147,939
2021
£
100,300
95,713
196,013|
|---|---|---|
continued...
Page 18
DocuSign Envelope ID: 35BBE9B7-14E3-48AA-A456-95866CD6BBAC
## **WIGAN ATHLETIC FC COMMUNITY TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 August 2022**
## **14. ANALYSIS OF NET ASSETS BETWEEN FUNDS**
|Unrestricted
funds
£
Fixed assets
83,419
Current assets
437,310
Current liabilities
(130,077)
390,652
**MOVEMENT IN FUNDS**
At 1/9/21
£
**Unrestricted funds**
General
368,335
**Restricted funds**
Premier League Kicks
4,104
Wigan Youth Zone
(1,048)
Premier League Primary Stars
702
Veterans Project
(748)
WNST/FLT Disability Project
80
Kids on the Move
1,036
Extra Time
7,456
MWMS
(55)
FA Womens Recreational Football
7,060
National Lottery Fund (P2P)
3,310
21,897
**TOTAL FUNDS**
390,232|Restricted
funds
£
-
13,053
(2,171)
10,882
Net
movement
in funds
£
15,930
(43)
-
5,785
-
-
-
-
-
(7,060)
(3,310)
(4,628)
11,302|2022
Total
funds
£
83,419
450,363
(132,248)
401,534
Transfers
between
funds
£
6,387
-
1,048
(702)
748
(80)
-
(7,456)
55
-
-
(6,387)
-|2021
Total
funds
£
70,927
515,318
(196,013)
390,232
At
31/8/22
£
390,652
4,061
-
5,785
-
-
1,036
-
-
-
-
10,882
401,534|
|---|---|---|---|
## **15. MOVEMENT IN FUNDS**
continued...
Page 19
DocuSign Envelope ID: 35BBE9B7-14E3-48AA-A456-95866CD6BBAC
## **WIGAN ATHLETIC FC COMMUNITY TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 August 2022**
## **15. MOVEMENT IN FUNDS - continued**
Net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General
**Restricted funds**
Premier League Kicks
Premier League Inspires
Wigan Youth Zone
Premier League Primary Stars
Grant Income
WNST/FLT Disability Project
Sport England
Kids on the Move
Extra Time
MWMS
Fit Fans
FA Womens Recreational Football
National Lottery Fund (P2P)
Football Foundation Fans Fund
Skelmersdale Kicks
**TOTAL FUNDS**|Incoming
resources
£
1,000,754
145,000
45,180
19,000
140,000
37,846
8,000
8,117
34,000
2,999
23,245
17,046
54,444
131,034
6,262
4,200
676,373
1,677,127|Resources
expended
£
(984,824)
(145,043)
(45,180)
(19,000)
(134,215)
(37,846)
(8,000)
(8,117)
(34,000)
(2,999)
(23,245)
(17,046)
(61,504)
(134,344)
(6,262)
(4,200)
(681,001)
(1,665,825)|Movement
in funds
£
15,930
(43)
-
-
5,785
-
-
-
-
-
-
-
(7,060)
(3,310)
-
-
(4,628)
11,302|
|---|---|---|---|
continued...
Page 20
DocuSign Envelope ID: 35BBE9B7-14E3-48AA-A456-95866CD6BBAC
## **WIGAN ATHLETIC FC COMMUNITY TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 August 2022**
## **15. MOVEMENT IN FUNDS - continued**
## **Comparatives for movement in funds**
|**Unrestricted funds**
General
**Restricted funds**
Premier League Kicks
Wigan Youth Zone
Premier League Primary Stars
Veterans Project
WNST/FLT Disability Project
Kids on the Move
Extra Time
MWMS
FA Womens Recreational Football
National Lottery Fund (P2P)
**TOTAL FUNDS**|At 1/9/20
£
274,612
4,104
-
702
283
80
1,036
7,450
(55)
-
-
13,600
288,212|Net
movement
in funds
£
93,723
-
(1,048)
-
(1,031)
-
-
6
-
7,060
3,310
8,297
102,020|At
31/8/21
£
368,335
4,104
(1,048)
702
(748)
80
1,036
7,456
(55)
7,060
3,310
21,897
390,232|
|---|---|---|---|
continued...
Page 21
DocuSign Envelope ID: 35BBE9B7-14E3-48AA-A456-95866CD6BBAC
## **WIGAN ATHLETIC FC COMMUNITY TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 August 2022**
## **15. MOVEMENT IN FUNDS - continued**
Comparative net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General
**Restricted funds**
Premier League Kicks
Premier League Inspires
Wigan Youth Zone
Premier League Primary Stars
Grant Income
Veterans Project
WNST/FLT Disability Project
Sport England
Kids on the Move
Extra Time
MWMS
Fit Fans
Loneliness Projected
Literacy Trust
Social Action Wigan
FA Womens Recreational Football
National Lottery Fund (P2P)
**TOTAL FUNDS**|Incoming
resources
£
669,342
147,500
45,000
13,846
140,000
32,491
11,526
8,000
9,850
13,488
25,980
22,140
7,275
38,130
1,667
5,000
43,556
130,126
695,575
1,364,917|Resources
expended
£
(575,619)
(147,500)
(45,000)
(14,984)
(140,000)
(32,491)
(12,557)
(8,000)
(9,850)
(13,488)
(25,974)
(22,140)
(7,275)
(38,130)
(1,667)
(5,000)
(36,496)
(126,816)
(687,278)
(1,262,897)|Movement
in funds
£
93,723
-
-
(1,048)
-
-
(1,031)
-
-
-
6
-
-
-
-
-
7,060
3,310
8,297
102,020|
|---|---|---|---|
An amount of £Nil (2021: £53,649) relating to government income is included in the unrestricted and restricted funds above as a result of furlough monies and grants relating to the Covid-19 pandemic.
## **16. RELATED PARTY DISCLOSURES**
During the year the company received monies of £238,640 (2021: £68,936) from and expended resources of £Nil (2021: £21,187) with entities that have a common director or trustee.
Page 22
DocuSign Envelope ID: 35BBE9B7-14E3-48AA-A456-95866CD6BBAC
## **WIGAN ATHLETIC FC COMMUNITY TRUST**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 August 2022**
|**INCOME AND ENDOWMENTS**
**Investment income**
Deposit account interest
**Charitable activities**
Soccer schools
After School Sports Club
PE Support
Grants
Government income
**Total incoming resources**
**EXPENDITURE**
**Charitable activities**
Wages and salaries
Social security
Pensions
Telephone
Postage and stationery
Sundries
Motor and travel expenses
Facility hire
Kit and equipment
Prizes
Training
Legal and professional
Educational resources
Utilities
Consultancy
IT equipment
Insurances
Pathway2Participation costs
NCS activities
Equipment depreciation
Profit on sale of tangible fixed assets
**Support costs**
**Finance**
Bank charges
**Governance costs**
Auditors' remuneration|2022
£
-
177,656
79,761
95,014
1,324,696
-
1,677,127
1,677,127
1,094,563
93,605
21,523
12,986
1,951
46,129
62,692
129,703
33,611
6,451
11,422
2,209
20,363
29,539
7,698
5,854
1,165
39,050
12,944
25,279
-
1,658,737
338
6,750|2021
£
242
119,904
37,027
81,800
1,072,295
53,649
1,364,675
1,364,917
911,709
69,020
17,675
6,703
1,652
20,933
25,361
30,456
11,039
2,881
9,856
126
3,697
57,518
8,619
10,498
1,574
37,966
18,214
12,566
(2,369)
1,255,694
423
6,780|
|---|---|---|
This page does not form part of the statutory financial statements
Page 23
DocuSign Envelope ID: 35BBE9B7-14E3-48AA-A456-95866CD6BBAC
## **WIGAN ATHLETIC FC COMMUNITY TRUST**
**DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 August 2022**
|**for the Year Ended 31 August 2022**|||
|---|---|---|
|Total resources expended
**Net income**|2022
£
1,665,825
11,302|2021
£|
|||1,262,897|
|||102,020|
This page does not form part of the statutory financial statements
Page 24