2022-12-31-accounts - Swindon Town FC Community Foundation

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Reference	and adm	inistrative	inistrative	details	details	details	details
Registered	charity	name		Swindon Town FC Community				Foundation
Charity registration		number		1121820
Company	registration		number	06366200
Principal office and		registered		Foundation	Park
office				County Ground		Lane
				Swindon
				Wilts hire
				SN1 2FD
				UK
The trustees
				KSFraser
				C Brown
				M R Cook
				W Craig
				M Gow
				A Wilkins
Auditor				Elliott Bunker Ltd
				Chartered	accountants		&statutory		auditor
				61 Macrae	Road
				Ham Green
				Bristol
				BS20ODD
Bankers				Bank ofScotland		Pic
				The Co-operative		Bank
				PO Box101
				1 Balloon Street
				Manchester
				M60 4EP

					2022		2021
				Unrestricted	Restricted
				funds	funds	Total funds	Total funds
			Note		K	E	f
Income and endowments
Donations and legacies			5	126,496	438,741	565,237	258,874
Charitable activities Other trading activities Investment income			6 7 8	672,858 98,402 779	332,781	1,005,639 98,402 779	658,458 72,690 72
Total income				898,535	771,522	1,670,057	990,094
Expenditure
Expenditure on charitable	activities		9	682,772	328,500	1,011,272	756,632
Total expenditure				682,772	328,500	1,011,272	756,632
Net income and net movement		in	funds	215,763	443,022	658,785	233,462
Reconciliation offunds
Total funds brought forward				1,523,746	1,874,476	3,398,222	3,164,760
Total funds carried forward				1,739,509	2,317,498	4,057,007	3,398,222

					2022	2021
				Note	8
Fixed assets
Tangible fixed assets				16	2,907,783	2,466,241
Current assets
Debtors Cash at bank and	in	hand		17	159,957 1,050,847	129,314 1,003,381
					1,210,804	1,132,695
Creditors: amounts		falling	due within one year	18	61,580	200,714
Net current assets					1,149,224	931,981
Total assets less	current		liabilities		4,057,007	3,398,222
Net assets					4,057,007	3,398,222
Funds ofthe charity
Restricted funds Unrestricted funds					2,317,498 1,739,509	1,874,476 1,523,746
Total charity funds				21	4,057,007	3,398,222

			2022	2021
				f
Cash flows from operating	activities
Net income			658,785	233,462
Adjustments for:
Depreciation oftangible fixed assets Other interest receivable and similar income Accrued income			122,854 (779) (96,078)	124,809 (72)
Changesin:
Trade and other debtors Trade and other creditors			66,205 (139,904)	49,003 (46,372)
Cash generated from operations			611,083	360,830
Interest received			779	72
Net cash from operating activities			611,862	360,902
Cash flows from investing	activities
Purchase oftangible assets			(564,396)	(53,315)
Net cash used in investing activities			(564,396)	(53,315)
Net increase in cash and cash equivalents Cash and cash equivalents at beginning		ofyear	47,466 1,003,381	307,587 695,794
Cash and cash equivalents	at end ofyear		1,050,847	1,003,381

being woun Donations	d up, the liability in and legacies	respect ofthe guara	ntee is limited tof1	0.
			Unrestricted	Restricted	Total Funds
			Funds	Funds	2022
Donations
Nationwide	Building Society			10,000	10,000
Other donations			14,816	2,333	17,149
Intel - Gothia Cup			633		633
D N Eady	Will Trust (including	tax recoverable)		250,000	250,000
Catalent -	Tackling Loneliness	Together
Police and	Crime Commissioner	-Kicks

r ended 31 December	2022	2022
Donations and legacies	fcorrrinuurr)
				Unrestricted	Restricted	Total Funds
				Funds	Funds	2022
				E	E	8
Grants
EFLTrust - Core Funding				34,832		34,832
EFLTrust - Kickstart				24,458		24,458
EFLTrust - Joy of moving
EFLTrust - Business Development					8,000	8,000
South Swindon Parish Council					50,000	50,000
The Football Foundation					118,408	118,408
Sport England Walking Football League				1,585		1,585
Swindon Borough Council	- Community		Initiatives
Fund				20,000		20,000
Swindon Borough Council	- Onside Project
Coronavirus Government	Grants
Swindon Borough Council	- SOS
Grants - other				12,060		12,060
Sponsorship
Intel Corporation				12,072		12,072
Embassy - Social Inclusion				5,000		5,000
Foundation Park				1,040		1,040
				126,496	438,741	565,237
				Unrestncted	Restricted	Total Funds
				Funds	Funds	2021
				E	F	E
Donations
Nationwide Building Society
Other donations				1,292		1,292
Intel - Gothia Cup				5,000		5,000
D N Eady Will Trust (including		tax recoverable)
Catalent - Tackling Loneliness		Together			4,000	4,000
Police and Crime Commissioner		- Kicks			18,750	18,750
Grants
EFLTrust - Core Funding				34,904		34,904
EFLTrust - Kickstart				16,685		16,685
EFLTrust - Joy of moving				1,500		1,500
EFLTrust - Business Development
South Swindon Parish Council
The Football Foundation
Sport England Walking Football League
Swindon Borough Council	- Community		Initiatives
Fund				25,000		25,000
Swindon Borough Council	- Onside Project			3,600		3,600
Coronavirus Government	Grants			91,287		91,287
Swindon Borough Council	- SOS			2,708		2,708
Grants - other				15,833	8,215	24,048

Donations	and legacies (conti nusrt)
		Unrestricted	Restricted	Total Funds
		Funds	Funds	2021
			F	E
Sponsorship
Intel Corporation Embassy - Social Inclusion		25,000 2,500		25,000 2,500
Foundation	Park	2,600		2,600
		227,909	30,965	258,874

Charitable activitie	s
				Unrestricted	Restricted	Total Funds
				Funds f	Funds E	2022
Football Education	Programme			127,127		127,127
Holiday courses After school clubs				85,183 49,048		85,183 49,048
Saturday Team Club In School Coaching Soccer Centres				19,873 53,785 131,215		19,873 53,785 131,215
Tournaments				106,182		106,182
Tiny tots, mini soccer and		birthday	parties	12,944		12,944
Disability Football				7,561	4,600	12,161
Extra Time Dr Barnado's Trailblazer		project		16,284	123,986	16,284 123,986
Girls Development				54,636		54,636
Other income Junior Reds Football Fans In Training				4,400 4,620	63,445	4,400 4,620 63,445
PL - Kicks PL - Primary Stars					85,750 55,000	85,750 55,000
				672,858	332,781	1,005,639

Ye	ar ended 31 Decem	ar ended 31 Decem	ber 2022	ber 2022
6.	Charitable activities		(conrinuerrj
						Unrestricted	Restricted	Total Funds
						Funds	Funds	2021
						E		E
	Football Education	Programme				112,575		112,575
	Holiday courses					74,306		74,306
	After school clubs					42,333		42,333
	Saturday Team Club					3,971		3,971
	In School Coaching Soccer Centres					40,495 113,359		40,495 113,359
	Tournaments					650		650
	Tiny tots, mini soccer		and	birthday	parties	14,578		14,578
	Disability Football					9,496		9,496
	Extra Time Dr Barnado's Trailblazer			project		7,884	60,000	7,884 60,000
	Girls Development					43,744		43,744
	Other income					6,406		6,406
	Junior Reds					1,347		1,347
	Football Fans In Training						50,000	50,000
	PL - Kicks						30,647	30,647
	PL - Primary Stars						46,667	46,667
						471,144	187,314	658,458
7.	Other trading activities
					Unrestricted	Total Funds	Unrestricted	Total Funds
					Funds	2022	Funds	2021
					E	E	E	E
	Foundation Park bookings				75,571	75,571	63,628	63,628
	Foundation Park cafe		rental		16,646	16,646	3,351	3,351
	Foundation Park Swindon			Harriers
	Contribution				5,200	5,200	4,767	4,767
	Other income				985	985	944	944
					98,402	98,402	72,690	72,690
8.	Investment income
					Unrestricted	Total Funds	Unrestricted	Total Funds
					Funds	2022	Funds	2021
					E	E	F	E
	Bank interest receivable				779	779	72	72

Expenditure on charitable activities by fund	type
	Unrestricted	Restricted	Total Funds
	Funds E	Funds E	2022 f
Salaries and wages Coaches and referees CRBchecks Staff training	278,522 1,310 1,726 587	220,094	498,616 1,310 1,726 587
Travelling Coach hire	115,256 6,620	2,334	117,590 6,620
Kit and equipment Prizes and goody bags	43,428 19,745		43,428 19,745
Catering and hospitality STFC Facilities, tickets and programmes Venue hire	14,536 19,533 7,678	22,062	14,536 19,533 29,740
Extra time activities Football Education Programme	1,870 808		1,870 808
Refunds	3,465		3,465
Girls Football Junior Reds	3,598 882		3,598 882
Football Fans In Training	4,234		4,234
Foundation Park costs	19,695		19,695
Support costs	139,279	84,010	223,289
	682,772	328,500	1,011,272
	Unrestricted	Restricted	Total Funds
	Funds E	Funds f	2021 f
Salaries and wages Coaches and referees CRBchecks Staff training	190,254 1,654 1,648 544	234,820	425,074 1,654 1,648 544
Travelling Coach hire	15,395		15,395
Kit and equipment Prizes and goody bags	34,090 5,422	72	34,162 5,422
Catering and hospitality STFC Facilities, tickets and programmes	2,486 19,017		2,486 19,017
Venue hire	8,667	2,725	11,392
Extra time activities	855		855
Football Education Programme	868		868
Refunds	8,578		8,578
Girls Football	282		282
Junior Reds	963		963
Football Fans In Training Foundation Park costs	2,071 26,436		2,071 26,436
Support costs	114,601	85,184	199,785
	433,831	322,801	756,632

		Unrestricted	Restricted
		Funds	Funds	2022
		8		6
Post and stationery		599		599
Printing		5,852		5,852
Computer and website costs		2,830		2,830
Water, light and heat		10,955		10,955
Telephone		2,868		2,868
Repairs and maintenance		1,211		1,211
Motor expenses		4,200		4,200
Vehicle leasing		1,720		1,720
Payroll costs		539		539
Pension contributions		17,465		17,465
Meetings and conferences		994		994
Donations		4,910		4,910
Subscriptions		7,544		7,544
Sundries Bank and merchants	charges	2,666 15,767		2,666 15,767
Depreciation and loss	on disposals	38,844	84,010	122,854
Bad debts		1,660		1,660
Advertising		2,100		2,100
Governance costs		122,725	84,010	206,735
Insurance		5,141		5,141
Audit		4,650		4,650
Accountancy		6,763		6,763
		139,279	84,010	223,289
		Unrestricted	Restricted
		Funds f:	Fundsf	2021
Post and stationery		1,258		1,258
Printing		3,364		3,364
Computer and website costs		2,477		2,477
Water, light and heat		12,380		12,380
Telephone		2,732		2,732
Repairs and maintenance		552		552
Motor expenses		2,478		2,478
Vehicle leasing		2,201		2,201
Payroll costs		438		438
Pension contributions		15,495		15,495
Meetings and conferences		216		216
Donations		325		325
Subscriptions Sundries		3,306 250		3,306 250

Yea	r ended 31 December 2022	r ended 31 December 2022
	Bank and merchants charges Depreciation and loss on disposals Bad debts					9,878 39,626 733	85,184	9,878 124,809 733
	Advertising					1,452		1,452
	Governance costs					99,161	85,184	184,345
	Insurance Audit Accountancy					5,107 3,600 6,733		5,107 3,600 6,733
						114,601	85,184	199,785
11.	Net income
	Net income is stated after charging/(crediting):
							2022	2021
								2
	Depreciation oftangible fixed	assets					122,854	124,809
12.	Auditors remuneration
							2022	2021
	Fees payable for the audit of	the financial statements					4,650	3,600
13.	Staffcosts
	The total staff costs and employee		benefits for		the reporting	period are	analysed as	follows:
							2022	2021
							6	F
	Wages and salaries						498,616	425,074
	Employer contributions to pension		plans				17,465	15,495
							516,081	440,569
	The average head count ofemployees			during the year was		36(2021:31).
	This comprises 4 management	staff (2021:4)and 32 coaching staff (2021:27).
	The number ofemployees whose remuneration				for the year	fell within the following		bands, were:
							2022	2021
							No.	No.
							1	1
	Key Management Personnel

the renewal ofassets Tangible fixed assets	p			ung a p	ovson or
				Assets in
	Property			the course
	developmen	Motor		of
	t	vehicles	Equipment	construction	Total
	E	6		E
Cost
At1 Jan 2022 Additions	2,621,399 41,116	80,304	19,058	14,940 523,280	2,735,701 564,396
At 31Dec2022	2,662,515	80,304	19,058	538,220	3,300,097
Depreciation
At 1 Jan 2022	216,851	43,205	9,404		269,460
Charge for the year	111,167	9„274	2,413		122,854
At 31Dec2022	328,018	52,479	11,817		392,314
Carrying amount
At 31 Dec2022	2,334,497	27,825	7,241	538,220	2,907,783
At 31 Dec 2021	2,404,548	37,099	9,654	14,940	2,466,241

		2022	2021
Trade debtors Prepayments and accrued income Other debtors		6,355 153,090 512	80,066 48,064 1,184
		159,957	129,314
Creditors: amounts	falling due within one year
		2022	2021
Trade creditors		888
Accruals and deferred income Social security and other taxes Other creditors		53,325 5,012 2,355	193,449 5,012 2,253
		61,580	200,714

Deferred income
		2022	2021
At 1 January 2022 Amount released to income Amount deferred in year		186,419 (186,419) 45,525	230,028 (230,028) 186,419
At 31 December	2022	45,525	186,419

to activities taking	place after	the year end as follows:
			2022	2021
			6
Gothia Cup Barcelona Cup			11,685 19,923	20,170 27,637
Blackpool Cup Other Intel Corporation Football Fans in	sponsorship Training	income	5,580 (163) 7,500	9,808 (163) 12,071 10,000
Commonweal School				75,000
Harbour Project Barnardos Trailblaxer			1,000	1,000 30,896
			45,525	186,419

Unrestricted funds
	At				At
	1 Jan 2022	Income f	Expenditure	Transfers f	31Dec2022
General funds Foundation Park (self-	371,281	898,535	(655,615)	(98,616)	515,585
funded element) Covered bowls facility 3G pitch and pavilion	556,329 503,636		(27,157)	41,116	570,288 503,636
sinking fund	92,500			57,500	150,000
	1,523,746	898,535	(682,772)		1,739,509
	At				At
	1 Jan 2021	Income	Expenditure	Transfers	31 Dec2021
		F			6
General funds Foundation Park (self-	511,787	771,815	(408,616)	(503,705)	371,281
funded element)	543,169		(25,215)	38,375	556,329
Covered bowls facility 3G pitch and pavilion	103,636			400,000	503,636
sinking fund	35,000			57,500	92,500
	1,193,592	771,815	(433,831)	(7,830)	1,523,746

Analysis ofcharitable f Restricted funds	unds iconrinuerr)
	At				At
	1 Jan 2022 6	Income E	Expendituref	Transfers	31Dec2022 f
Girls development
Premier League-
Primary Stars Social Inclusion 8	2,782	54,999	(34,455)		23,326
Disability Football		4,600	(4,600)
Swindon Borough
Council - Football Fans
in Training Donations for Minibus EFLTrust infrastructure	9,724 1,658	63,445	(65,669) (1,658)		7,500
grant	1,509				1,509

Analysis ofcharitable	Analysis ofcharitable	funds	(continued)
Premier League Fans
Fund
PFA Premier League Kicks Sport England Walking			1,000 9,584	85,750	(50,834)		1,000 44,500
Football League
National Lottery Covid-
19Response
EFLTrust - Tackling
Loneliness Together
Foundation Park
external funding Dr Barnados-		1,848,219			(84,010)		1,764,209
Trailblazer Project Catalent - Tackling				123,986	(77,440)		46,546
Loneliness Together
Police &Crime
Commissioner -Kicks
Nigel Eady Training
Centre				426,408			426,408
Nationwide - Physical	&
mental health Zambia donations				10,000 2,334	(7,500) (2,334)		2,500
		1,874,476		771,522	(328,500)		2,317,498
			At				At
		1 Jan 2021		Income	Expenditure	Transfers	31 Dec 2021
			6	8		F	E
Girls development Premier League-			756		(756)
Primary Stars Social Inclusion 8			3,954	46,667	(47,839)		2,782
Disability Football			4,324		(4,324)
Swindon Borough
Council - Football Fans
in Training Donations for Minibus EFLTrust infrastructure			4,724 1,658	50,000	(45,000)		9,724 1,658
grant Premier League Fans			1,509				1,509
Fund PFA Premier League Kicks			2,525 1,000 4,749	30,647	(6,120) (25,812)	3,595	1,000 9,584
Sport England Walking
Football League			6,076		(10,311)	4,235
National Lottery Covid-
19Response			7,664		(7,664)

Analysis ofcharitable		funds
EFLTrust - Tackling
Loneliness Together Foundation Park			8,215	(8,215)
external funding Dr Barnados-		1,932,229		(84,010)		1,848,219
Trailblazer Project			60,000	(60,000)
Catalent - Tackling
Loneliness Together Police &Crime			4,000	(4,000)
Commissioner -Kicks			18,750	(18,750)
Nigel Eady Training
Centre
Nationwide - Physical	8
mental health
Zambia donations
		1,971,168	218,279	(322,801)	7,830	1,874,476

Analysis ofnet as	sets between funds
		Unrestricted	Restricted	Total Funds
		Funds f	Funds E	2022
Tangible fixed assets		717,166	2,190,617	2,907,783
Current assets Creditors less than	1 year	1,083,923 (61,580)	126,881	1,210,804 (61,580)
Net assets		1,739,509	2,317,498	4,057,007
		Unrestricted	Restricted	Total Funds
		Funds	Funds	2021
		6		f.
Tangible fixed assets		618,022	1,848,219	2,466,241
Current assets Creditors less than	1 year	1,106,438 (200,714)	26,257	1,132,695 (200,714)
Net assets		1,523,746	1,874,476	3,398,222

24.	Analysis	ofchan	ges in net debt
				At		At
				1 Jan 2022	Cash flows	31Dec2022
				f.	6
	Cash at bank and		in hand	1,003,381	47,466	1,050,847
25.	Operating	lease	commitments

The total	future	minimum	lease payments	leases are	as follows:
				2022	2021
					F
Not later than		1 year		4,084	4,013
Later than	1 year and not		later than 5years	4,084	8,026
				8,168	12,039