Docusign Envelope ID: A90319ED-3368-43B1-85A0-EDB30113FFF3
**REGISTERED COMPANY NUMBER: 06303512 (England and Wales) REGISTERED CHARITY NUMBER: 1120745**
## **REPORT OF THE TRUSTEES AND**
**FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024**
**FOR**
**WIGAN ATHLETIC FC COMMUNITY TRUST**
Fairhurst Audit Services Ltd Statutory Auditor Chartered Accountants Douglas Bank House Wigan Lane Wigan Lancashire WN1 2TB
Docusign Envelope ID: A90319ED-3368-43B1-85A0-EDB30113FFF3
**WIGAN ATHLETIC FC COMMUNITY TRUST**
**CONTENTS OF THE FINANCIAL STATEMENTS for the Year Ended 31 August 2024**
||**Page**|
|---|---|
|**Report of the Trustees**|1 to 6|
|**Report of the Independent Auditors**|7 to 10|
|**Statement of Financial Activities**|11|
|**Statement of Financial Position**|12|
|**Statement of Cash Flows**|13|
|**Notes to the Statement of Cash Flows**|14|
|**Notes to the Financial Statements**|15 to 22|
Docusign Envelope ID: A90319ED-3368-43B1-85A0-EDB30113FFF3
## **WIGAN ATHLETIC FC COMMUNITY TRUST**
## **REPORT OF THE TRUSTEES for the Year Ended 31 August 2024**
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 2024. 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 over 60 staff who deliver community based activities across Wigan and the surrounding area that impact over 12,500 people.
The purpose of the charity as detailed 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 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 Ormskirk, St Helens and Rainford) without reference to race, religion and belief, 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: A90319ED-3368-43B1-85A0-EDB30113FFF3
## **WIGAN ATHLETIC FC COMMUNITY TRUST**
## **REPORT OF THE TRUSTEES for the Year Ended 31 August 2024**
## **ACHIEVEMENT AND PERFORMANCE**
## **Project and Activities during 2023/24**
Between September 2023 and August 2024 Wigan Athletic Community Trust was able to support over 12,500 people across Wigan and its surrounding area.
The charity supports residents in Wigan and surrounding areas 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: A physical education programme for 2 to 4-year-olds designed to enhance their communication skills and personal development, helping them become school-ready while also upskilling nursery staff in PE delivery. - Primary Stars: Partnering with local primary schools to provide a range of services, including PE coaching, teacher mentoring, football competitions, and lessons in literacy, numeracy, and PSHE.
- PE Coaching and After-School Clubs: Supporting primary schools with PE provision and offering affordable after-school clubs in 20 different sports.
- Latics Unlimited: Bespoke support for SEND students in Primary Schools.
- HeadStart: Mental Health transition programme for students moving from primary to secondary school through one-to-one mentoring and group activities.
- Premier League Inspires: Providing mentoring support to secondary school students who are at risk of exclusion.
- Alternative Provision: A one-day education programme focused on English and Maths, followed by physical activities. Sessions take place either at school or at Laithwaite Park, utilising classrooms and football pitches.
## **Community Development Activities:**
- Kicks: Free football and sports coaching for 8 to 19-year-olds in seven areas of Wigan, with sessions held at times when young people are most at risk of engaging in anti-social behaviour.
- Wigan Youth Zone: Football coaching for 8 to 19-year-olds at a £6 million town-centre youth facility.
- Pathway 2 Participation: A mentoring programme supporting 120 of Wigan's most vulnerable 12 to 19-year-olds.
- Chances: Providing targeted support for young people with poor school attendance or those at risk of involvement in crime and anti-social behaviour.
- Every Player Counts: Football coaching for young people with disabilities, both in school and in the community.
- Fit Maintenance and Football 4 Fitness: Weekly group exercise sessions.
- Extra Time: Hub sessions in Wigan, Leigh and Ashton to tackle loneliness and reduce social isolation amongst people aged 55+ through physical and social activities.
- Veterans: Bespoke football and walking sessions specifically designed to support the health and wellbeing of the armed forces community.
## **Holiday Courses and Football Development:**
- Holiday Activity and Food Camps: Support for children on free school meals to access healthy food and physical activity for free during school holidays.
- Holiday Courses: Affordable football courses for 5 to 12-year-olds during school holidays.
- Football Development: Weekly affordable football coaching for 5 to 15-year-olds, held in the evenings at Stadium Way Academy and William Fosters.
## **Training and Skills Activities:**
- Level 2 and 3 Football and Education: BTEC programme for 16 to 18-year-olds, combining football training with education.
- University of South Wales Foundation Degree: A higher education programme delivered in partnership with the University of South Wales.
- Apprenticeships: Support young people to take the first steps into the sports industry, including roles as teaching assistants and community workers.
- Moving On and Skills to Success: Adult education and employability programmes to support adults not in employment.
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Docusign Envelope ID: A90319ED-3368-43B1-85A0-EDB30113FFF3
## **WIGAN ATHLETIC FC COMMUNITY TRUST**
## **REPORT OF THE TRUSTEES for the Year Ended 31 August 2024**
## **ACHIEVEMENT AND PERFORMANCE – continued**
## **Reach:**
- 12,526 participants
- 34 community projects catering for 2-92 years of age
- 60+ full time and part time staff
- 2,653 young people take part in free evening sports activities
- 2,768 free school meals given to local children during school holidays
- 237 adults over 55 years of age engaged in weekly sessions, reducing social isolation and increasing physical activity - Supporting 218 people with a disability
- £11,829,739 of social value generated (£7.17 per £1).
## **Working with:**
- 20 early years settings
- 60 primary schools
- 17 secondary schools
- 4 SEND setting
- 2 Engagement Centres
- 1 Pupil Referral Units
- 3 Colleges
- 3 Universities
- 9% of participants from BAME communities
## **Improved Health:**
- 91% of participants between the ages of 12 and 19 had an improvement in positive mental health
- 86% of adult participants improved their mental health and increased activity levels
- 122.5kg lost on weight management programmes
- 48% 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:**
- 143 qualifications for young people
- 2,987 hours of work placements
- 78% 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
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Docusign Envelope ID: A90319ED-3368-43B1-85A0-EDB30113FFF3
## **WIGAN ATHLETIC FC COMMUNITY TRUST**
## **REPORT OF THE TRUSTEES for the Year Ended 31 August 2024**
## **FINANCIAL REVIEW**
## **Financial Review**
The 2023/2024 financial year saw an improvement, with new income streams and reduced expenditure for Wigan Athletic Community Trust, allowing it to increase its income by £45,967. Total income for the year was £1,648,087 (2022/23: £1,602,120), while expenditure decreased by £60,028 to £1,666,078 (2022/23: £1,726,106), resulting in an overall positive difference of £105,995 compared to the previous year.
A review of programmes and structure at the Trust enabled its operational delivery to become more efficient in terms of both time and cost.
This was achieved by securing new income from a diverse range of partners, including the National Lottery, Kellogg's, and the Workers' Educational Association, as well as commencing a three-year funding partnership with Wigan Council.
Alongside continued support from national partners, the Premier League Charitable Fund and the EFL Trust, this funding allowed the charity to overcome the financial challenges it faced in the previous year. These challenges arose due to several factors, including the unexpected passing of the previous Head of Community, Tom Flower.
As a result of this additional funding and other cost-saving measures, the Community Trust was able to reduce its deficit, ending the 2023/2024 financial year with a shortfall of £17,991 (2022/23: deficit of £123,986).
## **Reserves policy**
The Board of Trustees has established a reserves policy, in compliance with Charity Commission guidelines, which is reviewed annually. The Trustees have determined that an appropriate level of "free" (unrestricted) reserves-those not invested in fixed assets-should ideally be sufficient to cover between three and six months of operating costs. For 2023/24, this equates to £407,000 (2022/23: £384,000), whereas unrestricted funds currently stand at £101,396.
The Trustees are actively working to increase income streams while controlling costs and overheads in 2025, with the aim of restoring the charity to a broadly breakeven position.
## **FUTURE PLANS**
The Community Trust is nearing the halfway point of its five-year strategy, which will help shape future programmes. Wigan Athletic Football Club changed ownership in June 2022, and the charity continues to strengthen its professional relationship with the new owners and the club to support the local community. The Trust is focused on expanding partnerships with local businesses to enhance its provision across Wigan while also helping people stay physically active as it adapts to the ongoing 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.
## **Organisational structure**
The Community Trust is managed on a day to day basis by a Head of Community, Gareth Nolan, whose role is 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.
## **Induction and training of new trustees**
The charity's Board of Trustees is made up of 11 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)
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**WIGAN ATHLETIC FC COMMUNITY TRUST**
**REPORT OF THE TRUSTEES for the Year Ended 31 August 2024**
**Registered Charity number** 1120745
## **Registered office**
Robin Park First Floor Offices Robin Park Leisure Centre Loire Drive Wigan Lancashire WN5 0UL
## **Trustees**
B Spencer (appointed 27/2/2025) P R Williams P Ivory D T Molyneux C E Evans (resigned 15/1/2024) E Boyce (resigned 25/9/2023) J B Meadows C M Robinson C Molyneux T P Marwick S Guilfoyle (appointed 25/9/2023) R E Bramwell (appointed 25/9/2023) E Higham (appointed 25/9/2023) M J Preston (appointed 15/1/2024)
## **Auditors**
Fairhurst Audit Services Ltd 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).
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Docusign Envelope ID: A90319ED-3368-43B1-85A0-EDB30113FFF3
## **WIGAN ATHLETIC FC COMMUNITY TRUST**
## **REPORT OF THE TRUSTEES for the Year Ended 31 August 2024**
## **STATEMENT OF TRUSTEES' RESPONSIBILITIES - continued**
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.
30 April 2025 | 10:42 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 2024 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 2024 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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Docusign Envelope ID: A90319ED-3368-43B1-85A0-EDB30113FFF3
## **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 company through discussions with directors 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, tax legislation, employment legislation and Health and Safety regulations.
- we enquired of the directors and reviewed correspondence with HMRC for evidence of non-compliance with laws and regulations. We also reviewed controls the directors have in place to ensure compliance.
We assessed the susceptibility of the 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 directors 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 Audit Services Ltd Statutory Auditor Chartered Accountants Douglas Bank House Wigan Lane Wigan Lancashire WN1 2TB 30 April 2025 | 09:35 BST
Date: .............................................
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Docusign Envelope ID: A90319ED-3368-43B1-85A0-EDB30113FFF3
## **WIGAN ATHLETIC FC COMMUNITY TRUST**
## **STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 August 2024**
|Notes
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
4
**Charitable activities**
6
General
Schools
Community development
Training and skills
Investment income
5
**Total**
**EXPENDITURE ON**
**Charitable activities**
7
General
Veterans Project
Schools
Community development
Training and skills
**Total**
**NET INCOME/(EXPENDITURE)**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**|Unrestricted
funds
£
2,890
53,143
291,500
33,573
185,365
1,971
568,442
744,594
-
-
-
-
744,594
(176,152)
277,548
101,396|Restricted
funds
£
-
21,355
336,039
661,704
60,547
-
1,079,645
66,425
1,404
195,620
605,429
52,606
921,484
158,161
-
158,161|2024
Total
funds
£
2,890
74,498
627,539
695,277
245,912
1,971
1,648,087
811,019
1,404
195,620
605,429
52,606
1,666,078
(17,991)
277,548
259,557|2023
Total
funds
£
-
193,556
451,592
650,691
305,741
540
1,602,120
183,530
-
627,406
557,002
358,168
1,726,106
(123,986)
401,534
277,548|
|---|---|---|---|---|
The notes form part of these financial statements
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Docusign Envelope ID: A90319ED-3368-43B1-85A0-EDB30113FFF3
## **WIGAN ATHLETIC FC COMMUNITY TRUST**
## **STATEMENT OF FINANCIAL POSITION 31 August 2024**
|||2024|2023|
|---|---|---|---|
||Notes|£|£|
|**FIXED ASSETS**||||
|Tangible assets|12|66,698|79,061|
|**CURRENT ASSETS**||||
|Debtors|13|146,761|77,439|
|Cash at bank and in hand||155,067|250,853|
|||301,828|328,292|
|**CREDITORS**||||
|Amounts falling due within one year|14|(108,969)|(129,805)|
|**NET CURRENT ASSETS**||192,859|198,487|
|**TOTAL ASSETS LESS CURRENT**||||
|**LIABILITIES**||259,557|277,548|
|**NET ASSETS**||259,557|277,548|
|**FUNDS**|16|||
|Unrestricted funds||101,396|277,548|
|Restricted funds||158,161|-|
|**TOTAL FUNDS**||259,557|277,548|
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: 30 April 2025 | 10:42 BST
............................................. P R Williams - Trustee
The notes form part of these financial statements
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Docusign Envelope ID: A90319ED-3368-43B1-85A0-EDB30113FFF3
## **WIGAN ATHLETIC FC COMMUNITY TRUST**
|**STATEMENT OF CASH FLOWS**
**for the Year Ended 31 August 2024**
2024
Notes
£
**Cash flows from operating activities**
Cash generated from operations
1
(87,884)
Net cash used in operating activities
(87,884)
**Cash flows from investing activities**
Purchase of tangible fixed assets
(12,860)
Sale of tangible fixed assets
2,987
Interest received
1,971
Net cash used in investing activities
(7,902)
**Change in cash and cash equivalents in**
**the reporting period**
(95,786)
**Cash and cash equivalents at the**
**beginning of the reporting period**
250,853
**Cash and cash equivalents at the end of**
**the reporting period**
155,067|2023
£
(48,216)
(48,216)
(20,559)
-
540
(20,019)
(68,235)
319,088
250,853|
|---|---|
The notes form part of these financial statements
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Docusign Envelope ID: A90319ED-3368-43B1-85A0-EDB30113FFF3
## **WIGAN ATHLETIC FC COMMUNITY TRUST**
## **NOTES TO THE STATEMENT OF CASH FLOWS for the Year Ended 31 August 2024**
## **1. RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING ACTIVITIES**
|**Net expenditure for the reporting period (as per the Statement of**
**Financial Activities)**
**Adjustments for:**
Depreciation charges
Interest received
(Increase)/decrease in debtors
Decrease in creditors
**Net cash used in operations**|2024
£
(17,991)
22,236
(1,971)
(69,322)
(20,836)
(87,884)|2023
£
(123,986)
24,917
(540)
53,836
(2,443)
(48,216)|
|---|---|---|
## **2. ANALYSIS OF CHANGES IN NET FUNDS**
||At 1/9/23|Cash flow|At 31/8/24|
|---|---|---|---|
||£|£|£|
|**Net cash**||||
|Cash at bank and in hand|250,853|(95,786)|155,067|
||250,853|(95,786)|155,067|
|**Total**|250,853|(95,786)|155,067|
The notes form part of these financial statements
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Docusign Envelope ID: A90319ED-3368-43B1-85A0-EDB30113FFF3
**WIGAN ATHLETIC FC COMMUNITY TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS for the Year Ended 31 August 2024**
## **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.
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Docusign Envelope ID: A90319ED-3368-43B1-85A0-EDB30113FFF3
**WIGAN ATHLETIC FC COMMUNITY TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 August 2024**
## **2. ACCOUNTING POLICIES - continued**
## **Hire purchase and leasing commitments**
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
## **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.
## **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. DONATIONS AND LEGACIES**
|**4.**|**DONATIONS AND LEGACIES**|||
|---|---|---|---|
|||2024|2023|
|||£|£|
||Donations|2,890|-|
|**5.**|**INVESTMENT INCOME**|||
|||2024|2023|
|||£|£|
||Deposit account interest|1,971|540|
Page 16
continued...
Docusign Envelope ID: A90319ED-3368-43B1-85A0-EDB30113FFF3
## **WIGAN ATHLETIC FC COMMUNITY TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 August 2024**
## **6. INCOME FROM CHARITABLE ACTIVITIES**
Grants received are as follows:-
|2024|2023|
|---|---|
|£|£|
|1,314,368|1,257,413|
## **7. CHARITABLE ACTIVITIES COSTS**
|**CHARITABLE ACTIVITIES COSTS**||||
|---|---|---|---|
|General
Veterans Project
Schools
Community development
Training and skills
**SUPPORT COSTS**
General
Schools
Community development
Training and skills|Direct
Costs
£
804,184
1,404
195,022
602,271
52,385
1,655,266
Finance
£
215
14
105
7
341|Support
costs (see
note 8)
£
6,835
-
598
3,158
221
10,812
Governance
costs
£
6,620
584
3,053
214
10,471|Totals
£
811,019
1,404
195,620
605,429
52,606
1,666,078
Totals
£
6,835
598
3,158
221
10,812|
|||||
## **8. SUPPORT COSTS**
continued...
Page 17
Docusign Envelope ID: A90319ED-3368-43B1-85A0-EDB30113FFF3
## **WIGAN ATHLETIC FC COMMUNITY TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 August 2024**
## **9. NET INCOME/(EXPENDITURE)**
Net income/(expenditure) is stated after charging/(crediting):
|Auditors' remuneration
Depreciation - owned assets
Hire of plant and machinery|2024
£
7,629
22,236
631|2023
£
6,100
24,917
-|
|---|---|---|
## **10. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 August 2024 nor for the year ended 31 August 2023.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 August 2024 nor for the year ended 31 August 2023.
## **11. STAFF COSTS**
|**STAFF COSTS**|||
|---|---|---|
|Wages and salaries
Social security costs
Other pension costs|2024
£
1,101,813
83,046
20,684
1,205,543|2023
£
1,139,628
88,270
21,433|
|||1,249,331|
The average monthly number of employees during the year was as follows:
|Employees|2024
59|2023
69|
|---|---|---|
Key management personnel remuneration is £56,055 (2023: £48,603).
continued...
Page 18
Docusign Envelope ID: A90319ED-3368-43B1-85A0-EDB30113FFF3
## **WIGAN ATHLETIC FC COMMUNITY TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 August 2024**
|**12.**
**TANGIBLE FIXED ASSETS**
**COST**
At 1 September 2023
Additions
Disposals
At 31 August 2024
**DEPRECIATION**
At 1 September 2023
Charge for year
Eliminated on disposal
At 31 August 2024
**NET BOOK VALUE**
At 31 August 2024
At 31 August 2023
**13.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade debtors
Prepayments and accrued income
**14.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade creditors
Accrued expenses
Deferred income
**15.**
**ANALYSIS OF NET ASSETS BETWEEN FUNDS**
Unrestricted
Restricted
funds
funds
£
£
Fixed assets
66,698
-
Current assets
143,667
158,161
Current liabilities
(108,969)
-
101,396
158,161|2024
£
36,984
109,777
146,761
2024
£
21,320
34,208
53,441
108,969
2024
Total
funds
£
66,698
301,828
(108,969)
259,557|Equipment
£
191,446
12,860
(21,008)
183,298
112,385
22,236
(18,021)
116,600
66,698
79,061
2023
£
-
77,439
77,439
2023
£
-
107,635
22,170
129,805
2023
Total
funds
£
79,061
328,292
(129,805)
277,548|
|---|---|---|
continued...
Page 19
Docusign Envelope ID: A90319ED-3368-43B1-85A0-EDB30113FFF3
## **WIGAN ATHLETIC FC COMMUNITY TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 August 2024**
## **16. MOVEMENT IN FUNDS**
|**Unrestricted funds**
General
**Restricted funds**
Premier League Inspires
Premier League Primary Stars
Grant Income
Veterans Project
EFL Trust Infrastructure Grant
Extra Time
MWMS
Wigan Council
National Lottery Fund (P2P)
Football Foundation Fans Fund
Skelmersdale Kicks
FL Community - Headstart
Worsley Hall Pilot Area
Secondary School Provision
Life Chances
Divert Youth
Detached Youth
Charles Hayward
**TOTAL FUNDS**|At 1/9/23
£
277,548
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
277,548|Net
movement
in funds
£
(176,152)
(4,251)
(2)
74,192
(12,460)
15,264
8,422
(3,711)
(2,929)
46,901
(1)
(2,929)
(10,083)
(2,792)
66,017
(8,181)
(4,301)
(1,390)
395
158,161
(17,991)|At
31/8/24
£
101,396
(4,251)
(2)
74,192
(12,460)
15,264
8,422
(3,711)
(2,929)
46,901
(1)
(2,929)
(10,083)
(2,792)
66,017
(8,181)
(4,301)
(1,390)
395
158,161
259,557|
|---|---|---|---|
continued...
Page 20
Docusign Envelope ID: A90319ED-3368-43B1-85A0-EDB30113FFF3
## **WIGAN ATHLETIC FC COMMUNITY TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 August 2024**
## **16. 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
Premier League Primary Stars
Grant Income
Veterans Project
EFL Trust Infrastructure Grant
Extra Time
MWMS
Wigan Council
National Lottery Fund (P2P)
Football Foundation Fans Fund
Skelmersdale Kicks
FL Community - Headstart
Worsley Hall Pilot Area
Secondary School Provision
Premier League Community Improvement
Fund
Life Chances
Divert Youth
Detached Youth
Charles Hayward
**TOTAL FUNDS**
**Comparatives for movement in funds**
**Unrestricted funds**
General
**Restricted funds**
Premier League Kicks
Premier League Primary Stars
Kids on the Move
**TOTAL FUNDS**|At 1/9/22
£
390,652
4,061
5,785
1,036
10,882
401,534|Incoming
resources
£
568,442
140,441
70,592
173,088
126,352
-
18,192
71,355
27,531
66,250
70,578
25,000
9,600
12,291
(2,792)
118,623
50,000
29,750
41,756
11,538
19,500
1,079,645
1,648,087
Net
movement
in funds
£
(112,900)
(4,061)
(5,785)
(1,240)
(11,086)
(123,986)|Resources
expended
£
(744,594)
(140,441)
(74,843)
(173,090)
(52,160)
(12,460)
(2,928)
(62,933)
(31,242)
(69,179)
(23,677)
(25,001)
(12,529)
(22,374)
-
(52,606)
(50,000)
(37,931)
(46,057)
(12,928)
(19,105)
(921,484)
(1,666,078)
Transfers
between
funds
£
(204)
-
-
204
204
-|Movement
in funds
£
(176,152)
-
(4,251)
(2)
74,192
(12,460)
15,264
8,422
(3,711)
(2,929)
46,901
(1)
(2,929)
(10,083)
(2,792)
66,017
-
(8,181)
(4,301)
(1,390)
395
158,161
(17,991)
At
31/8/23
£
277,548
-
-
-
-
277,548|
|---|---|---|---|---|
||||||
||||||
||||||
continued...
Page 21
Docusign Envelope ID: A90319ED-3368-43B1-85A0-EDB30113FFF3
## **WIGAN ATHLETIC FC COMMUNITY TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 August 2024**
## **16. MOVEMENT IN FUNDS - continued**
Comparative net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General
**Restricted funds**
Premier League Kicks
Wigan Youth Zone
Premier League Primary Stars
Grant Income
WNST/FLT Disability Project
Kids on the Move
MWMS
Street Games
Fit Fans
FA Womens Recreational Football
National Lottery Fund (P2P)
Skelmersdale Kicks
**TOTAL FUNDS**
**RELATED PARTY DISCLOSURES**
**Trustee**
**Nature of relationship**
D T Molyneux Director at Wigan Development Company
Ltd
C Molyneux
Director at Wigan Athletic Supporters Club
P Ivory
Headteacher at St Anne's Primary School
|Incoming
resources
£
960,196
210,319
21,552
149,407
68,967
5,880
30,000
23,696
23,773
10,010
14,000
77,120
7,200
641,924
1,602,120
**Type of**
**Transaction**
Grant
Grant
Grant|Resources
expended
£
(1,073,096)
(214,380)
(21,552)
(155,192)
(68,967)
(5,880)
(31,240)
(23,696)
(23,773)
(10,010)
(14,000)
(77,120)
(7,200)
(653,010)
(1,726,106)
**2024**
**£**
108,756
18,489
6,210
133,455|Movement
in funds
£
(112,900)
(4,061)
-
(5,785)
-
-
(1,240)
-
-
-
-
-
-
(11,086)
(123,986)
**2023**
**£**
97,832
73,000
-
170,832|
|---|---|---|---|
## **17. RELATED PARTY DISCLOSURES**
Page 22