Company re8iStration number.. 06396310 arity registration number- 1122693 AFC Bournemouth Community Sports Trust IA company limited by guarantee) Report of the Trustees and Financial Statements for the Year Ended 30 November 2024 Ward Goodman Audit SeNice5 Limlted 4 Cedar Park Ferndown Industrial Estste Wimborne Dorset BH217SF
AFC Bournemouth Communlty Sports Trust Contents (contlnued) Reference and Administrative Details Trustees, Report 2to12 IndependentAuditors' Report 13to15 Ststement of Financial Activities 16 Balance Sheet 17 ststement of Cash Flows 18 Notes to the Financial Statements 19to37
AFC Bournemouth Community Sports Trust Reference and Admlnistrative Details Charity Resistration Number 1122693 Company Registration Number 06396310 The charity Is incorporated in England and Wales. ViLility Stadium Dean Court Kings Park Boumemouth Dorset BH77AF Registered Offlce Principal Office Ringwood Community Hub Long Lane Upper Kingston Rin8wood Hampshire BH24 3BX Ward Goodman Audit SeNices Limited 4 Cedar Park Ferndown Industrial Estate Wimborne Dorset BH2175F Auditor Page I
AFC Bournemouth Community Sports Trust Trustees, Report The trustees. who are directors for the purposes of company law, present the annual report together with the financial ststements and auditors, reportof the charitable company for the year ended 30 November 2024. Objective5 and artivities Objerts und aims The Trust's objective is the promotion of community participation in healthy recreation, in particular by the provision of facilities for the playing of football. The aim is to help youn8 people, especially but not exclusively through leisure time Èctlvities, so a5 to develop their capabilities that they may grow to full maturity as individuals and members of society. Also, to provide or assist in the provision of sporting and recreational facilities for the public of Bournemouth and surrounding areas 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. The trustees confirm that they have had regard to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the charity's aim5 and objectives and in planning future activities. The Community Sports Trust is the charitable arm of AFC Bournemouth. actively workin8 in the local community across Bournemouth, Poole and surrounding areas within four main strands of work,, Education - Health- Participation- Inclusion The team of 45 full time staff deliver over 150 coaching and teaching sessions and engage with 4,000 people, from ages I to 101, a week. working in partnership with schools, organisations and businesses. The Trust's vision is to provide opportunities for all, through project delivery, meeting the needs of the local community and delivering a mixture of artive ses5ion5 along with education and support groups. A key airn is to help individuals reach their potential with pathways in place from recreational activities through to teams and there are currently 28 registered teams a(x055 the community from the Glrls & Women's programme, Disability. College and Walking football. The AFC Boumemouth Community Sports Trust was formed in 21J)I from the Football in the Community programme and has continued its charitable working partnership with AFC Bournemouth. In 21J08 it gained charitable ststus and continues to be a self-fundin& non-profit organisation which has a huge impact upon the local community through increasing involvement in sport. The frust is supported and many of its projects are funded by the Premier League Charitable Fund. Public ljenefit The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit 8uidancÈ published by the Charity Commission for England and Wales. Page 2
AFC Boumemouth Community Sports Trust Trustees, Report (continued) Achievements and Performance Sports Participation The Trust offers weekly coaching sessions and activitie5 to a variety of different age groups and abilities across the local community- Mini Cherries Mini Cherries is a l¢e weekly toddler football session, which aims to help children learn the basic principles of play such a5 sharing and communication, along with improving their basic motor skills. balance and coordination. The most important parts of a Mini Cherries session are the introduction to football and the enjoyment of learning the gamè. Minikickers Minikickers is one of the More popular weekly sessions. reaching over 250 children a week at the Vitality Stadium alone. The sessions which last an hour invite children to join in and learn new skills through dribbling games, shooting drills and small-sided matche& Women and Girls Football The Trust continues to run the AFC Boumemouth Girls and Womens teams, and following the successes of previous seasons. is pleased to be offering competitive opportunities to both girls and women in six squads. The successful girls-only football coaching programme has been running for over three seasons at the Vitslity Stadium and Slade5 Park. Ovér 350 women and girls participated in the programme during the year, with the entire pro8ramme supported by Bournemouth Universty which included: Wlldcats for girls aged 5-11 Prèmler Le¥gue Kick5 for gids aged 12-16 Erneing Talent Centre for U9s, Ulls and U13s AFC Bournemouth Glrlg Team for UIOS, U125. U14s and U165 Female Football Educatlon Prografflme for girls aged 16-19 and based at Brockenhurst College Women's Senior Teams {first team and development squad) for women over the age of 16 The Trust was awarded the tenSe from the FAIPremier League to continue to run an Emerging Talent Centre (Efci for three years, we are CurntlY in year two. The awarding of thi5 license allows the Trust to further their exlsting work within the 8irls' and women'5 game. offering specific focus on the younger age groups. The ETC will focus on the under-9s. under-lls and under-13s a8e groups, with players receivin8 weekly coaching sessions to complement their existin8 club commitments. This then links to the club'5 existin8 girls. ademY sides for the under-los. under-12s, under-14s and under-ISs age groups. Premier League Kicks The Premier Le3gu@ Kicks pro8rammes ujntinue to expand and now offer free football se55ions in Bournemouth, Poole and Verwood. This popular project offers free football and additional opportunitie5 to over 1000 local youn8 people 3 year. The project encourage5 young people to get involved in playing sports in the evenings and at weekends, which sees them benefit from a healthier lifestySe, improved well-being and most importantly offers them a safe environment to enjoy themselves and have fun wtth friends. The project offer5 se55ions to mixed groups, as well as a girls only evenin8 session. Session5 for children aged 8-13 years old are coached sessions, whereas sessions for those aged 14+ are toumament style sessions. Pa8e 3
AFC Boumemouth Community Sports Trust Trustees. Report Icontlnued) 24 female participant5 aged 12-16 years participated in the Premier League Changemakers programme which includes leadehIp and empowerment workshops, whi15t getting involved in social action and volunteering work. Soccer Camps The Trust hosts Soccer Camps every school holiday across Bournemouth, Ringwood and Poole. The sessions are for boys and Birls aged 7-14 year5 old, not including Minikickers. Soccer Camps which are for boys and girls aged 4-6 years old and are available for children of any ability. They include a fun warm up. skill games, penalty competitions and 5mall-sided matches. All Soccer Camp5 are run and delivered by qualified and experienced football coaches who have all completed up to date safeguarding and emergency aid qualifications. All staff are also D8S checked. Extra-curricular Coaching and School Clubs The Trust has a successful long-stsnding partnership with many schools in the local area delivering extr34urricular sessions for both boys and 8irls, and hosts Lunchtime Club that runs during school lunchtimes, and the very popular After School Club. Typically, the clubs run once a week for the entire term, and include coaching sessions on passin& control, dribblin8 and shooting, combined with fun games, small competitions and small sided matches. Bournemouth University Bournemouth University continues to support the Trust. maintsinlng long established links which began while the football club competed in League l. In particular it supports the development of girls, football in Dorset 3S the main partner of the kJnder-10, under-12, under-14 and under-16 AFC Bournemouth 8irls' teams. The University's men's and women's teams continue to benefit from professional coaching from the Trust. Birthday Parties The Trust currently offers birthday parties at the Vitality Stadium on non-matchdays and will now be able to offer the addition of football birthday parties at Ringwood Community Hub. Page 4
AFC Boumemouth Community Sports Trust Trustees, Report (continued) Educatlon Premier League Primary Stsrs Premier League Primary Stars uses the power of professional football, and sport to inspire children to learn, be active and develop important life skill5. The programme provides all primary schoo15 Wlth the opportunity to be involved in a variety of sessions and events, with the aim of creating a positive and lonB-lasting sporting, education and health impact, for the local community. It also includes PE delivery and CPD events for teachers and school staff. These sessions see coaches visiting local schools delivering sporting attivities. which provides teachers and HLTA'S with additional provision to enhance their own leamin& as well as aiming to improve in skills. confidence and knowledge for deliverin8 PE and school sport. The Community Sports Trusys Primary Stars programme not only provides schools with football themed PE delivery. but the offer is extended to include- PSHE workshops Ilndividual lessonsl- PSHE Targeted InterYention5 (working with specific groups, for six consecutive lessons). Targeted Active Numeracy Programme (working with under achieving students, for six consecutive ses5ion5I. • Targeted Reading Programme Iworking with under achievin8 Students, for six consecutive sessions). Social Action projects- focusing on making an impact in the speofic school or in the local community- Teacher Continued Professional Development Opportunities Inter school festivals IKS2 age groupsl Ull Primary Schools Tournament Schools Projects The Trust offers a range of different school projert lessons. delivered to local schools across the Dorset and Hampshire regions. The workshops look at important themes throughout every-day life, Healthy lifestyles. Respect and Citizenship Safer Kids Online. Equality, Diversity and Inclusion. Each lesson is free of charge and can be tailored for different age ranges in Primary and Secondary schools. In each lesson, there are PowerPoint presentations. group discussioDS andl or individuall small 8roup tasks. as well as artivity sheets and tasks to complete at various points during the lesson& Healthy Lifestyles The Healthy Lifestyle workshop focuses on educating young people the importance of maintaining a healthv lifestyle. through diet and exercise. as well as lookin8 at hydration levels and the importance of sleep. The lesson stsrts by looking at the Eatwell plate and then moves on to the breakdown ofthe main food groups includin8 nutrients. minerals and vitamins and their importance. The importance of taking part in regular exercise to keep healthy, and why it is important to keep hydrated whilst exerci5in8 15 then covered. ThrcUBhout the le550n. the participants complete different tasks and activities. such as creatlng healthy meals for AFC Boumemouth players, specifically linking to the diffeient times of a match day. Respert and citizenship The Respect and Citizenship workshop looks at how children's love for sport and football and AFC Bournemouth can be linked to help encourage positive behaviour. The lesson touches on both respecrful and disrespectful behaviours in everyday life, before tsking a more in-depth look at respect within football. illustrated through presentations and videos. Project spon50r, Goadsby. has a150 created workshop booklets which are given to Primary School pupils to aid their learning. These include fun artivities and games, whilst also 5howin8 examples of how we tan show respect in Football. The lesson encourases the pupils to share Ideas in small group discussions. whilst inspiring them to demonstrate positive and respertful behaviours in the classroom. Page 5
AFC Bournemouth Community Sports Trust Trustees, Report (continued) The final tssk for the children is to create a poster, demonstrating why respectful behaviour is important in everyday life. with key messages and examples included on their poster. Safer Kids Online - Internet safety The Safer Kids Online programme is a popular workshop delivered to local schools. The lesson. SUPPOrted by ESET UK, educates young people on how to remain safe whilst using the internet. The classroom-based lesson addresses the children's most common uses of the internet and develops on the safety features and age range5 for each of these different applications and websites. This le55on touches on keeping profiles secure. as well as what content should be kept private and not shared with others online. Towards the end of the lesson, the children look at different scenarios whith they may face online and how they would deal with each individual situation. Finally, the children complete worksheets with some top tips on privacy settings and a Helping Hand task, which focuses on who they can speak to when they are worried online. Money Management Money Management is a programme that Is designed to support pupi15 in secondary schools across Dorset. The workshops, supported by Strategic solutions. highlight the importance of promotin8 sensible finan and enhancing the knowledge and financial well-being of students and their futures. The pmgramme will bring the schools maths curriculum to life by givin8 an introduction to financial literacy, educating pupils on tax. bank accounts, budgeting and understanding crediL The workshops also provide students with information on how to acce55 additional support on financial areas and products outside the sessions. Mental health and well-being The Trust provides support to both primary and secondary 5choo15 across Dorset to help educational leaders raise awareness of a subject that has never been so high on the public 38end3. The programme is designed to encourage the younger generation to talk openly about mental health and to be able to understand the struggles that are associated with mental health. It helps pupils explore emotions. how to recognise changes in behaviour and how to keep a positive mindset whilst setting goals for the future. The prograrnme combines theory, partiopation and physical activity. Premier League Inspires Premier League Inspire5 is a Secondary School and young adults education programme that uses the reach and appeal of the Premier League and AFC Bournemouth to support those aged between 11-25 in educational settin85 who are at risk of not reaching their potential. The Premier League Inspires programme is available to any secondary establishment. alternative provision or SEND specific school in the Bournemouth, Christchurch. Poole and Hampshire regions as well as further afield upon request. Through Premier League Inspires. the Premier League and the Trust will: • Support young people to Improve their well-being DevÈlop chararter and life skills Help schoolslacademies keep students present and Committed • Provide a¢cess to more opportunities • Enable young people to plan for the future and to be work ready The Trust began its Premier League Inspires delivery in 2019 and since then has supported 502 young people thrDugh over 700 sessions in 19 local schools. Page 6
AFC Bournemouth Community Sports Trust Trustees, Report (continued} Football Education Programme - Colle8e Offer The Trust. in partnership with Grange and Wyvern Schools. is proud to be offering an alternative education pathway for 16- 19-year-olds. The Football Education Programme is tsilored for those looking to enhan their footballing skills whilst developing an outstandins knowledge of sport. The daily course takes place at either Grange or wern, using the excellent facilities available at each site. Regardless of the previous academic achievements of the studenL we provide an outstanding leaming environment for all to strive and fulfil their potential. Aims: - Enter employment into the sport and active leisure sector or to progress to higher or further education Gain and develop essential skills that are valued by employers 2nd higher and further education institutions Develop knowledge and understsnding of the vocational sector Football provision Our players train or play every day during the week and on Wednesdays players are involved in matthes 38ainst teams from the National Football Youth League INFYLI, representing AFC Bournemouth and playing Bainst other Premier League and Football league clubs throughout the country. Brokenhurst Colle8e. The Trust also offers exciting opportunities for youn& talented. female football enthusiasts to combine academic studies with a comprehensive Football Development Programme based at Brockenhurst College. The academic curriculum can be tailored to matth education31 potential with a range of A Levels and a BTEC National Diploma in Sport on offer. If required students can also complete their Math5 and English GCSES. Our Female Elite Player Programme provides acce5S to hi8h quality coaching and football education with a range of sessions available each day including team session5, 1 to I's and recoverylgym-based sessions. Extra support is provided through massage and strength and conditioning support. Students on the pro8ramme will compete in a fixtures schedule on Wednesdays as part of the National CollÈge Le3gue against other professional clubs and friendly matches throughout the season. Apprenticeships The Trust offers a unique opportunity for 16-18-year-olds to gain coaching experience and participate in an 'Activity Leadership Apprenticeship.. During the year-lonE apprenticeship, as well as working in the local community alongside the Trusfs coaches. apprentices are required to complete assi8nments, working towards a City & GuildslNVQ in Active Leodership. A successful first year on the scheme provides the opportunity to progress onto a second year, then future jobs with the Community Sports Trnst. Page 7
AFC Bournemouth Community Sports Trust Trustees, Report (continued) Health and Well-beffng Care South The partnership between Care South and the Trust is now in its tenth year. The partnership encompasses two main activities: The Extra fime project and Chair Football. The Extra fime project involves Trust coaches visiting all the Care South care homes. As part of the interaction with the residents the coaches tske part in various activities,. including sharing AFC Bournemouth memories through photos and various other items of memorabilia. A crucial part of the Trust's visit to the homes is the Chair Football activity. The coache5 also lead the sessions through encouragin8 the participants to pa55 the ball around the room, whilst remaining seated. To build on the session, obstacles and goals are added. which a150 replicates more common football practi5es. Walking Football The Trust runs weekly Walking Football coachin8 sessions in partnership with Care South. Walking Football is a version of the popular sport, with a few small rule changes. One of the most important changes being that it must be played at a walking pace. These sessions are offered to both men and women aged 50+ and encourage them to keep fit and healthy without playing an especially competitive or demanding sport. There are now teams in three age 8roups taking part in fixtures, both locally and across the country. In addition to the recreational options, the teams train weekly, which provide further opportunity to improve people's physical and mental wellbeing. Sport and Social Sport and Social sessions are delivered in partnership with Dorset Mental Health Forum, on the 3G pitches at Vitality Stadium. The sessiorbs are designed for those aged 16 and over who have experienced any form of mental health difficulty and offer an hour4ong footbèll event. to help those taking part to 50cialise and reintegrate back into organised activities. Mentalk MENTalk is a cancer 5UPPOrt group held in partnership with Wessex Cancer Trust. The Trust offeis online support se55ions three times a week for men who have been affected by cancer tc* come together and talk and share their experiences. Bounce Back The Trust continued to support local disadvantaged and vulnerable adults in achievin8 independent sustained living via a combination of classroom and prattical leaming activities. The first part of the sessions is spent on education - helpin8 to deliver personal development, physical and mental well-bein& money m3nagemenL healthy eating and lifestyles and considering what the next steps in life might look like and this is followe(I by a football session with kit provided by the Trust. Page 8
AFC Bournemouth Commun6ty Sports Trust Tru5tees' Report (continued) Sociol Inclusion Disability Football The Trust is committed to ensuring that everybody has the opportunity to play football and attend a session designed to meet their needs. Thanks to the Premier league, a disability programme has been developed which offers a rdnge of competitive and recreational sport opportunities as well as ensuring that all programmes run by the Trust are accessible and inclusive for all. Ability Counts These are weekly football sessions for any player over the a8e of five with any form of physical, learning or behaviour difficulty. The sessions provide an opportunity for players to train and play competitive football or follow a recreational pathway. There are under-12 and under-16 teams that compete locally. sometimes even travelling further afield for tournaments. Work in schools The community coaches are often present in schools, brth mainstream and those that specialise in educational needs and disabilities. They help run PE lessons and ensure education is always fun, teaching the children to enjoy exercise in a safe environment. Powerchair The club launched its Powerchair football team ahead of the 2018119 sea50n, the team play in the Wheelchair Football Association Premier Division and the South East Region31 League. Next Gen. The Next Gen project works with local grassroots coaches and volunteèrs on community programme5. The projett helps to up-skill these coaches and volunteers. whilst also offering opportunities to local grassroot5 team5. Some of the young individuals with learning difficulties start to volunteer with the Trust as they get older. Financial revlew The net expenditure 12023: income) for the year was £145,977 12023: £45.2301. which together with the accumulated funds brought forward leave funds of £1,438.813 to be carried forward. Of these funds £112,508 12023: £115,841) is restricted. The charity has total free reserves of £765,34812023: £1.333,5781. Polky on resen¢s It is the policy of the charity to maintsin unrestricted funds to the level required to provide sufficient funds to cover administration costs. Page 9
AFC Boumemouth Community Sports Trust Trustees. Report (continued) Plans for future periods Aims and key objectivesfvrfvture perlods Ringwood Community Hub The Trust confirmed the completion of the Ringwood Community Hub 3G pitch In March 2023. The pavilion w3s completed in September 2024: an open event was held with many local partners invited along with AFC Bournemouth Community Sports Trust Ambassador Jeff Mostyn. The pavilion provides excellent facilities for the many teams that play and train at Ringwood Communtty Hub, with the upstairs space providing office space for the Trust. Trustee5 and officers The trustees and officers servin8 during theyear and since the yearend were as follows: Trustees., Paul Reidy. Chair of Trustees lappointed 10 April 20251 Thomas Cowen {appointed 21 July 20251 Martin Allen (appointed 9 July 202SI Keith Waller (appointed 10 April 20251 Sarnia Ward (appointed l June 2025) Janet stone (appointed 21 July 20251 Rebecca Todd lappointed 21 July 20251 Glenn G05den (resigned 9 July 20251 Louise aae (resigned 22 ApTiI 2025) Jeffrey Mostyn (resigned 22 April 20251 Andrew Dayus (resigned 22 April 20251 Strncture. governance and management Nature olgoverning document AFC Bournemouth Community Sports Twst is a charitable company limited by guarantee, incorporated on October 11. 2007 and registered as a charity on February 8, 2008. The company was established under a Memorandum of Association and 15 governed under its Articles of Association. In the event of the company being wound up members are required to contribute an amount not exceeding £10. Recrultment and oppointment of trustees The trustees who are direct(n for the purpose of company law and trustees for the purpose of charity law, who seNed during the year and up to the date of this repor¢ are set out on page l. AFC Bournemouth Community Sports Trust new trustees are appointed by the Board of Trustees. AFC Bournemouth appoint nominated Trustee to the board as the club representative. All ofthe board members are independent. Page 10
AFC Bournemouth Community Sports Trust Trustees. Report (continued) Organisationolstrurture Day to day responsibility for the provision of SeICe$ rests with the head of the Community Sports Trust, Steve Cuss, a qualified FA and UEFA coach. He is supported by Senior Managers AndW Battison and Luke Simpson. All administration is undertaken by Anne Cuss. All remuneration acr055 all staff 15 reviewed every two years bv the Board of Trustee5. Risk management The trustees have identified and considered the main risks to which the Trust is exposed and have tsken the necessary steps to mitigate and manage these risks on a regular basis. Risk management forms part of the or8anisations internal control arrangements to focu5 on the mitigation of risks that would prevent AFC Bournemouth Community Sports Trust from achieving its strategic objectives. The Risk Management policy is reviewed annually by Senior Management and the Board of Trustees. ststement of tru5tees' responsibilities The trustees Iwho are a150 the directors of AFC Bournemouth Community Sports Trust for the purposes of company law) are responsible for preparing the trustees, report and the financial statements in accordance with applicable law 2nd United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including FRS 102 "The Finanual Reporting Stsndard applicable in the UK and Republic of Ireland" The report and accounts have been prepared in accordance with the provisions in the Companies Act 2006 relating to small companies. Company law requires the trustees to prepare financial staternents for each financial year. Under company law the trustees must not approve the financial statements unles5 they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources. includin8 its income and expenditure. of the charitsble company for that period. In preparing these financial ststements, the tru5tee5 are required to- select suitable accountin8 policies and apply them conslstently; observe the methods and principles in the Charities SORP: make judgements and estimates that are reasonable and prudent. state whether applicable accountin8 Standards. compri5in8 FRS 102 have been followed. Subject to any material departures disclosed and explained in the financial statements; and 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 keepin8 proper accountin6 records that can dlsclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the ch3ritable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. Page 11
AFC Bournemouth Communlty Sports Trust Trustees. Report (contlnued) Disclosure of information to auditor Each trustee has taken steps that they ought to have taken as a trustee in order to make themselves aware cf any relevant audit information and to establish that the tharity's 3uditor is aware of that information. The trustees confirm that there is no relevant information that they know of and of which they know the auditor is unaware. Small companies provision statement This report has been prepared in accordance with the small companies regime underthe Companie5 Art 2006. The annual report was approved by the trustees of the charity on 14-.1.$1.25 and signed on its behalf bv-. Paul Reidy Trustee Page 12
AFC Bournemouth Community Sports Trust Independent Auditor's Report to the Members of AFC Bournemouth Communlty Sports Trust Opinion We have audited the financial ststements of AFC Bournemouth Community Sports Trust Ithe 'charity'l for the year ended 30 November 2024. which comprise the Statement of Financial Activities. Balance Sheet. Statement of Cash Flows. and Notes to the Financial Statements. induding a summary of significant accountin8 policies. The financial reporting framework that has been applied in their preparation is United Kingdom Accounting Standards, comprising Charities SORP - FRS 102 'The Financial Reporting Stsndard applicable in the UK 8nd Republic of Ireland. and applicable law (United Kingdom Generally Accepted Accountin8 Prartice). In our opinion the financial statements: give a true and fair view of the stste of the charity's affairs as at 30 November 2024 and of its incomin8 resource5 and application of resour5, including its income and expenditure, for the year then ended; have been properly prepared in accordance with United tcingdom Generally Accepted Accounting Practice; and have been prepared in accordance with the quIrnents of the Companies Att 201. Basis for opinion We conducted our audit in accordance with International Stsndards on Auditing (UK) IISAS IUKII and applicable law. Our responsibilities under those standards are further described in the auditor responsibilities for the audit of the financial ststements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRCS Ethical Stand3rd. and the provisions available for small entities. in the circumstances set out in note to the financial statements, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtainÈd is suffitiÈnt and approprlate to provide a basis for our opinion. Conclusions relatlng to golng concern In auditing the financial statements. we have concluded that the trustees use of the going conrn basis of accounting in the preparation of the financial ststements is appropriate. Based on the work we have perforn)ed. we have not identified any material uncertainties relating to events or condition5 that. individually or collertively, may cast significant doubt on the charity's ability to tontinue as a going concern for a period of at least twelve months from when the original financial statements were 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. Orher Information The trustees are responsible for the other information. The other information compri5e5 the information included in the annual report. other than the financial statements and our auditorf5 report 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. Page 13
AFC Bournemouth Community Sports Trust Independent Auditor's Report to the Members of AFC Bournemouth Community Sports Trust (continued) In connection with our audit of the financial statements. our responsibility is to read the other informatio and, in doing so, consider whether the other infonnation 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 there is a material misststement in the financial statements or a material misstatement of the other information. If, based on the work we have performed. we conclude that there is a material misstatement of thi5 Other information, we are required to report that fact. We have nothing to report in thi5 regard. Opinion on other matter prescribed by the Companies Art 2006 In our opinion. based on the work undertaken in the course of the audit: the information given in the Trustees, Report for the financial year for which the financial statements are prepared is consistent with the financial statements; and the Trustees, Report has been prepared in accordance with applicable legal requirements. Matters on whlth we are required to report by exceptlon In the light of our knowledge and understanding of the charity and its environment obtained in the course of the audit, we have not identified material misstatements in the Trustees, Report. We have nothing to report in respect of the following matter5 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 visitèd by us. or the financial statements are not in agreement with the accounting records and retums; or certain disclosures of tnjstees remuneration specified by law are not made; or we have not received all the information and explanations we require for our audit. Responsibilities of trustees As explained more fully in the Statement of trustees, responsibilities (set out on page 111, the trustees are responsible for the preparation of the financial ststements 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 ststements that are free from material misstatemenL whether dueto fraud or error. In preparin8 the financial statements. the trustees are responsible for assessing the charity's ability to continue as a 80ing concem, disclosin& as applicable, matters related to going concern and usin8 the going concern basis of accounting unless the trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so. Auditor responslbilitles for the audlt of the finan¢ial statements Our objective5 are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatemen( whether due to fraud or error, and to issue an auditorfs report 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 IUKI will always detect a material misstatement when it exists. Misstatements can arise from f r2ud 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 ststements. Page 14
AFC Bournemouth Communlty Sports Trust Independent Auditor's Report to the Members of AFC Bournernouth Community Sports Trust (continued) The extent to which our procedures are capable of detectin8 irregularities. including fraud is detailed below,. We obtained an understanding of the legal and regulatory frameworks applicable to the charity and the sertor in which they operate. We obtained an understanding of how the charity is complying Wlth those legal and regulatory frameworks by making enquires of management and Trustee5. We a55essed the susceptibility of the charity's financial statements to material misstatement. including how fraud might occur. Audit procedures performed by the engagement team included.. l.Identifying and assessing the design effectiveness of controls man4ement has in place to prevent and detect fraud. 2.Understanding how those charged with governance considered and addressed the potential for override of Controls or other inappropriate influence over the financial reporting process. 3. Challenging assumptions and judgements made by management in its accounting estimates, in particular in relation to income recognition and cut off. 4. Identifying and testing journal entries. in particular any journal entries posted with unusual account combinations- and 5. Assessing the extent of compliance with the relevant law and regulations. Because of the inherent limitations of an audit. there is a risk that we will not detect all irregularitles, includin8 those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transattions reflected in the financial statements, as we will be less likely to become aware of instsnces of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, a5 fraud involves intentional concealment, forgery, collusion, omission or Misrep$entatlon. Use of our report This report is made solely to the charitable company'5 trustees. 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 charity's trustees those matters we are required to state to them in an auditorfs report and for no other purpose. To the fullest extent permitted by law. we do not accept or assurne responsibility to anyone other than the charitable company and its trustees as a body. for our audit worl for thi5 reporL or for the opinions we have formed. IMRO aScF FCCA (Senior Statutory Auditor) For and on behalf of Ward Goodman Audit Services Limited, StstutoryAuditor 4 Cedar Park Ferndown Industrial Estate Wimborne Dorset BH217SF Date-.. Page 15
AFC Bournemouth Community Sports Trust ststement of Financial Actlvities for the Year Ended 30 November 2024 (Including Income and Expenditure Account and Statement of Total Recognlsed Gains and Losses) Unrestrirted funds Restrirted funds Total 2024 Total 2023 Income and Endowments from: Donations and legacies Charitable activities Other trading activities Investment income 353,184 526,126 82.364 15.323 15.C(iO 494,167 368,184 1,020,293 82,364 15,323 311.038 991,215 131,569 9,835 Total income 976.997 509.167 1,486,164 1,443,657 Expendlture on: Raising funds Charitable activities 131,554} (1,088,087) {31.5541 11,600,587) 118.0961 11,380,331) 1512.5001 Total expendlture {1.119.6411 (512,5001 11,632.1411 11,398.4271 Net lexpenditurel/income 1142,6441 {3,3331 1145,9nl 45,230 Net movement in funds (142,6441 13,3331 1145.9771 45.230 Retonclllatlon of funds Total funds brought forward 1.468,949 115,841 1.584,790 1,539,560 Total funds carried forward 20 1.326.305 112.508 1,438,813 1,584,790 All of the charity's artivities derive from continuing operations durin8 the above two periods. The funds breakdown for 2023 is shown in note 20. The note5 on pages 19 to 37 form an integral part of these financial statements. Page 16
AFC Bournemouth Community Sports Trust (Registration number: 06396310) Balance Sheet as at 30 November 2024 2024 2023 Note Unrestricted Restricted Flxed assets Tangible assets 560.957 560,957 135.371 Current assets Debtors 16 164,566 669,426 164,566 781.934 246,915 1.252,452 Cash at bank and in hand 112.508 833,992 112,508 946,500 1,499,367 Creditors: Amountsfallin8 due wlthln one year 17 168.6441 168,6441 149,948) Net current assets 765.348 112.508 877,856 1,449,419 Net assets 1.326.305 112.508 1.438,813 1,584,790 Restrlcted Income funds Restricted funds 112.508 115.841 Unrestrlrted Income funds Unrestricted funds 1,326,305 1,468,949 Total funds 20 1,438,813 1,584,790 These financial statements have been prepared in accordance wlth the special provisions relating to companies subject to the small companies regime within Part 15 of the Companie5 Act 2CiI6. The financial statements on pagÈs 16 to 37 were approved by the trustees, and authorised for issue on 14..1..S.12Sand signed on their behalf by.. Paul Reidy Trustee The notes on pages 19 to 37 form an integral part of these financial statements. Page 17
AFC Bournemouth Community Sports Trust Statement of Cash Flows for the Year Ended 30 November 2024 2024 2023 Note Cash f Iow5 from operating actlvities Net cash {expenditurel/income Adjustments to cash Ilows frorn non-cash items Depreciation Investment income {145.9771 45,230 8.102 115.323) 10,303 19,8351 1153.198) 45,698 Working capltal adjustments DecreasellincrÈasel in debtors Increase in credltors 16 82.349 18,696 132.7901 12,036 17 Net cash flows from operating artivitie5 152,153) 24,944 Cash flows from invesrin8 activitles Interest receivable ond similar income Purchase of tan8ible fixed assets 15.323 1433,688) 9,835 147,2811 15 Net $h flovts from investing activitie5 1418,3651 137,446} Net decrease in tash and cash equivalents {470,5181 112.502} Cash and cash equivalents at l December Cash and tash equivalents at 30 November 1.252.452 1,264,954 781,934 1.252,452 All of the cash flows are derived from continuing operations during the above two periods. The notes on pages 19 to 37 form an integral part of these financial Statements. Page 18
AFC Bournemouth Community Sports Trust Notes to the Financial Statements for the Year Ended 30 November 2024 l General Informatlon The charity is 3 public benefit entity and a private company limited by 8uarantee. registered in England and Wales and a registered charity in England and Wales. The address of its registered office is: Vitality Stadium Dean Court Kings Park Bournemouth Dorset BH77AF Z Accountlng policies Summary of slgnificant accounting poliaes and key accounting estimates The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless Qthenwise stated. Staternent of compliance The financial statements have been prepared in accordance with 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 10211 {i5sued in October 20191 (Charities SORP IFRS 102)). the Financial Reporting Standard applicable in the UK and Republic of Ireland IFR5 1021 and the Companies Act 2006. Basis of preparatlon AFC Bournemouth Community Sports Trust meets the definition of a public benefit entity under FRS 102. Assets and liabilities are init1311y recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes. Going concern The trustees consider that there are no material uncertainties about the charity'5 ability to contlnue as a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by the charity. Income and endowments All income is recognised once the charity has entitlement to the income, it is probable that the Income will be received and the amount of the income receivable can be measured reliably. Page 19
AFC Bournemouth Community Sports Trust Notes to the Financlal Statements for the Year Ended 30 November 2024 (continued) 2 Accounting pollcles {¢ontlnued) Donotions and legacie5 Donatlons are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subjett to conditions that require a level of performance by the charity before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it 15 probable that these conditions will be fulfilled in the reporting period. Gronts receivable Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released. Investment Inton Dividends are recognised once the dividend has been declared and notification has been received of the dividend due. Expenditure All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent. and depreciation charges allocated on the portion of the asset's use. Other support costs are allocated based on the spread of staff costs. Rolslngfvnds These are costs incurred in attractin8 voluntary income. the management of investments and those incurred in trading activities that raise funds. Charitoble artivities Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated dirertly to such activities and those costs of an indirect nature necessary to support them. Grant pmvisions Provisions for grants are made when the intention to make a grant has been communicated to the recipient but there is uncertainty about either thÈ timing of the grant or the amount of grant payable. Support costs Support costs include central functions and have been allocated to activlty cost categorie5 on a basis consistent with the use of resources. for example, allocating property costs by floor areas. or per capita, staff costs bythe time spent and other costs by their usage. Page 20
AFC Bournemouth Community Sports Trust Notes to the Financial Ststements for the Year Ended 30 November 2024 (continued) 2 Accountlng pollcles (continued) Taxation The charity is considered to pass the tests set out in Paragraph I Schedule 6 01 the Finance Art 2010 and therefore it meets the detinition of a charitable company for UK corporation tsx purposes. Accordin8lyJ the charity is potentially exempt from taxation in respert of income or capital gains received within categorie5 covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992. to the extent that such income orgains are applied exclusively to charitable purposes. Tanglble fixed assets Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carryin8 amount of an asset as a result of a revaluation, is recognised in other recogni5ed gain5 and 1055e5. unles5 It reverses a charge for impairment that has previously been recognised as expenditure within the statement of financial activities. A decrease in the carrying amount of an asset as result of revaluation, is re¢o8nised in other re¢ognised gains and losses. except to which it offsets any previous revaluation 8ain, in which case the loss is shown within other recognised 8ain5 and1055es on the Statement of finanaal attivities. Depreciation and amortisation Depreciatlon is provlded on tanglble fixed assets so a5 to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows.. Asset class Fixture5 and Fittings Motor vehicles Depreciatlon method and rate 25% Reducing balance 25% Reducing balance 25% ReducinB balance Equipment Impalrment of fixed assets A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value eXed5 the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible revers31 at each reporting date. For the purposes of impairment testin& when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the ca5h- senerating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the 8oodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination. irrespective of whether other assets or liabilities of the charity are assi8ned to those units. Page21
AFC Bournemouth Community Sports Trust Notes to the Flnanclal Statements for the Year Ended 30 November 2024 (continued) 2 Accounting policie5 (continued) Trade debtors Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business. Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method. less provision for impairment. A provision for the impaimient of trade debtors is estsblished when there is objective evidence that the charity will not be able to collect all amounts due according to the original terms of the receivables. Cash and cash equlvalents sh and cash equivalents comprise cash on hand and call deposits, and other short-temi highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value. Trade creditors Trade creditors are obliBations to pay for goods or seNices that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the charity does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities. Trède creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effettive interest method. Borrowings Interest-bearins borrowings are initially recorded at fair value. net of transartion costs. Interest-bearing borrowings are subsequently carried at amortised cost. with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Statement of Financial Activities over the period of the relevant borrowing. Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges. Borrowings are classified as current liabilities unless the charity has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date. Fund structure Unrestricted income funds are Eeneral funds that are available for use at the trustees discretion in furtherance of the objectives of the charity. Restricted income funds are those donated for use in a partiojlar area or for specific purposes, the use of which is restricted to that area or purpose. Page 22
AFC BournemoLrth Communlty Sports Trust Notes to the Financlal Statements for the Year Ended 30 November 2024 (continued) 2 Accounting policies (continued) Pensions and other port rètlrement obligatsons The charity operates a defined contribution pension scheme which is a pension plan under which fixed ontributions are paid into a pension fund and the charity has no legal or constructive obligation to pay further Contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods. Contributions to defined contribution plans are reeognised in the Statement of Finantial Activities when thev are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment. Page 23
AFC Bournemouth Community Sports Trust Notes to the Financial Statements for the Year Ended 30 November 2024 Icontinuedl 3 Income from danations and leEa¢les Total 2024 Total 2023 Donations and legacies,. Donations from individuals Grants, including capital grants: Grants from other charities Regular giving and capital donations 127,545 2.382 237,999 2,640 264,533 44,123 368,184 311,038 Grants received, included in the above, are as follows- Totsl 2024 Totsl 2023 PL Core Fundin8 PL Community Outreach PL Business Development PLSmart Energy NCS Football League Funding SCL Apprenticeship Funding Ringwood Hub Gr3nt5 230.OOJ 230,000 10,000 5,000 875 18,658 i.0 6,999 237,999 264,533 Page 24
AFC Bournemouth Community Sports Trust Notes to the Flnanclal Statements for the Year Ended 30 November 2024 (contlnued} 4 In¢orne from charitable activities Total 2024 Total 2023 Premier League Kicks Premier League Primary Stars Premier League Girls and Women Premier League Health Premier League Next Generation Premier League RingwocKI Hub Premier League Inspires School Coaching PL Fans Fund 168,858 145.098 30,000 32.500 25,000 66.667 79.718 177,951 lo.0 150,000 134.703 66.889 78.000 12,500 61,667 87,750 125,028 SCL Education Football - Education program Bournemouth University coach St Josephs Australia Tour Soccer Schoo15 45,792 5,660 41,203 80,7Q5 23,954 8.144 69,220 12.001 25,602 101,169 13,392 11,736 100,281 10,000 10,320 Course and workshops Kicks projects Other coaching Cup winnings PL PFA 1,020,293 991.215 S Intome from other tradlng aclivities Total 2024 Total 2023 Trading income: Sales of goods and SeIteS Sponsorship income Ringwood Town hires & hub Birthday partles Matchday staff 18,458 900 18,174 74,750 29,220 5.705 3,720 50,067 5,802 7,137 82,364 131,569 Page 25
AFC Bournemouth Community Sports Trust Notes to the Financial Statements for the Year Ended 30 November 2024 (continued) 6 Investment income Total 2024 Total 2023 Interest réteivable and similar income; Interest receivable on bank deposits 15.323 9.835 7 Expendlture on ralslng funds al Costs ot tradlng activities Total 2024 Total 2023 Costs of goods sold 31,554 18,096 31,554 18,096 8 Expenditure on charltable activities Total 2024 Total 2023 Note Direct costs 1,454,251 1,692 144,644 1.213,212 Grant funding of activities Allocated support costs 167,119 1.600,587 1,380,331 Page 26
AFC Bournemouth Communlty Sports Trust Notes to the Financial Statements for the Year Ended 30 November 2024 (continued) 9 Analysis of support costs Total 2024 Total 2023 Classroom and office rent 28,842 3,424 6,632 17,213 42,591 11,419 3,048 4,066 34.399 2,376 7,859 5,900 Water rates Light, heat and power Insurance Repairs and renewals Telephone and fax Computer software and Maintenan costs Advertising Lease of motor vehicles (Spot hirel Sundry expenses Cleaning The audit ofthe charity's annual accounts Auditors. remuneration- non audit work Consulting Legal and professional fees Bad debts written off Bank chargès Depreciation of plant and machinery 10,786 5,564 6,125 1.837 30,629 14,653 5.700 3,529 4,272 15,300 4,326 3.691 7.494 16,350 3.453 10,303 5,781 118,489) 4.588 8,102 144,644 167,119 Page 27
AFC Bournemouth Community Sports Trust Notes to the Financial Statements for the Year Ended 30 November 2024 (continued) 10 Net incoming/outgoing resour¢es Net {outgoin811incoming resources for the year include: 2024 2023 Operating Seases - plant and machinery Operating leases - other assets Audit fee5 1,837 34,399 5,700 10,303 28,842 15,300 8,102 Depreciation of fixed assets 11 Trustees remuneration and expenses No trustees, nor any per50n5 connected with them. have received any remuneration from the charity during the year ended 30 November 2024 nor for the year ended 30 November 2023. No trustees have received any reimbursed expenses or any other benefits from the charity during the year ended 30 November 2024 norfor the year ended 30 November 2023. staff costs The aggregate payroll costs were as follows: 2024 2023 Staff Costs durlng the year were: Wages and salaries Soci31 security costs Pension costs 1,018,064 73,387 18,589 909,705 68,047 16,832 1,110,040 994,584 The monthly average number of persons (including senior management / leadership team) employed by the charity during the year expressed as full time equivalents wa5 as follows: Z024 No 2023 No Full time staff 35 38 Part-time coaches and apprentices 45 The average numbér of employees expressed as head count was 48. Page 28
AFC Bournemouth Community Sports Trust Notes to the Flnancial Statements for the Year Ended 30 November 20241continuedl 12 Staff costs Icontlnued) Contributions to the employee pension schemes for the year totalled £18.589 (2023 - £1632). The number of employees whose emoluments fell within the following bands was: 2024 No 2023 No £80,001- £90,000 £90,001- £100,000 Key management personnel include all persons that have authority and responsibility for planning, directing and controlling the activities of the charity. The total compensation paid to key management personnel for Services provided to the charity was E197,11712023- £194,248I. 13 Taxation The charity is a registered charity and 15 therefore exempt from taxation. Page 29
AFC Bournemouth Community Sports Trust Notes to the Financial Statements for the Year Ended 30 November 2024 Icontlnuedl 14 Comparative5 for the statement of flnancial activitses The below figures show comparative information for the ststement of financial activities. Unrestrirted Restricted funds fund5 Total 2023 Note Income and Endowments from: Donations and legacies Charitable activities Other trading activities Investment income 284.226 395.895 131.569 9,835 26,812 595,320 311,038 991,215 131,569 9,835 Total income 821.525 622,132 1,443,657 Expenditure on: Raising funds Charitable artivitiÈs 118,096) 1653.328) (18,0961 11.380,3311 {727.0031 Totsl expenditure 1671,4241 1727.003) 11.398,427} Net income/lexpenditurel Transfer5 between funds o,ioi 27,281 1104.871) 127.2811 45,230 Net movement in funds 177.382 1132,1521 45.230 Reconciliation of funds Total funds brought forward 1,291,567 247.993 1.539,560 Total funds carried forward 20 1,468.949 115,841 1,584,790 Page 30
AFC Bournemouth Community Sports Trust Notes to the Financlal Statements for the Year Ended 30 November 2024 (continued) 15 Tanglble flxed assets Land and bulldlngs Fixtures and ffttlngs Motor vehldes Equlpment Totsl Cost At l December 2023 104.811 428.646 1,442 3,537 43.808 57.269 1,505 207,330 433,688 Additions At 30 November 2024 533,457 4.979 43.808 58.774 641,018 Depreciation At l December 2023 1.442 21,915 5.473 48,602 2.481 71,959 8.102 Charge forthe year At 30 November 2024 1.590 27.388 51,083 80,061 Net book value At 30 November 2024 533,457 3,389 16,420 7.691 560,957 At 30 November 2023 104,811 21,893 8,667 135,371 Included within the net book value of land and buildings above is £Nil {2023 - £Nil} in respect of freehold land and buildings and £533,45712023 - £104.811) in respect of leaseholds. 16 Debtor5 2024 2023 Trade debtors Prepayments and accrued income Other debtors 43.140 4,045 117,381 99,423 6.073 141,419 164.566 246,915 Page 31
AFC Bournemouth Community Sports Trust Notes to the Financial Statements for the Year Ended 30 November 2024 (contlnued} 17 Creditors: amounts falling due within one year 2024 2023 Trade creditors 20.865 2L362 800 13,342 20,699 1,068 7,605 7.234 Other taxation and social security VAT Other creditors Accruals and deferred income 8.535 17.082 68,644 49,948 18 Obligations under leases and hire purchase tontracts Operating lease comrnitments Total future minimum lease payments under nOn-CanlIable operatin8 leases are as follows: Operatin£.lease commitments 2024 2023 Other Within one year Between one and five years 23.419 68,305 91.724 During the year the charlty activated the break dau5e on the lease of the building they previously occupied. The charity h35 moved into their new premises. but the lease has not yet been finalised. Therefore no commitment has been included within these financial statements. 19 Pension and other sthemÈs Defined contributlon pension scheme The charity operates a defined contribution pension scheme. The pension cost charge for the year represents contributions payable by the charity to the scheme and amounted to £18.58912023- £16,832). Page 32
AFC 8ournemouth Community Sports Trust Notes to the Financial Statements for the Year Ended 30 November 2024 Icontlnuedl 20 Fund5 Balance at 30 November 2024 Balance at I December 2023 Incoming resources Resources expended Unrestricted funds General General Funds 1,468.949 976.997 (1,119,641) 1,326,305 Restricted funds PL Kicks and Kicks Dlscretionary PL Primary Stars PL Health PL Next Generation Coaches PL Inspire PL Rin8wood Hub Football League PL Girls and Women Football Foundation 42,759 12,620 13.996 6.250 10,537 5,161 1,869 957 150,000 125,000 32.500 I0.000) 1125,0001 {35,5001 42,759 12,620 10.996 6.250 10,537 4.828 1.869 957 75.000 61,667 175,000} 162,000) 40,000 140,000) 11,812 5.000 4.880 11.812 5.000 4,880 PL Policy PL Community Outreach PL Fans Fund 15,OC 10,000 115.000) iio,000) 115,841 509,167 1512.500) 112,508 Total funds 1.584,790 1,486,164 11.632,141) 1,438.813 Page33
AFC Bournemouth Community Sports Trust Notes to the Financial Statements for the Year Ended 30 November 2024 (continued) 20 Funds (continued) Balanf e at 30 November 2023 Balance at i December 2022 Incoming resources Resources expended Transfers Unrestricted funds General General Funds 1,291,567 821.525 {671,424) 27,281 1,468,949 Restricted funds PL Kicks and Kicks Discretionary PL Primary Sta AFC Bournemouth l¢Jcal projects PL Health PL Next Generation Coathes 49,073 31,250 150.000 134,704 (156,3141 {153,334} 42.759 12.620 89,625 19,500 12,514 18,750 27,281 189,62S) 183,504) 118.7641 195,9631 78.000 12.500 87.750 13,996 6,250 10,537 PL Inspire BBC Children in Need PL Ringwood Hub Football League PL Girls and Women Football Foundation PL Policy PL Community Outreach 127,2811 61.666 5,7LKI 65,OLThJ 11,812 5,000 10,000 (56,5051 13.8311 164.043) 5.161 1.869 957 11,812 5,000 4,880 15,1201 247,993 622,132 (727.0031 127,2811 115,841 Total funds 1,539.560 1,443,657 (1.398.427) 1.584,790 Page 34
AFC Bournemouth Communlty Sports Trust Notes to the Financial Statements for the Year Ended 30 November 2024 (continued} 20 Funds (contlnued) The specific purp05e5 for which the funds are to be applied are as follows: PL Kicks and Kicks Discretionary PL Kicks Core and Discretionary are projerts funded by the PL Charitsble Fund which use the power of football and value of 5POrts participation to help hard to reach youngsters and reduce anti social behaviour. PL Primarystars A new programme to replace School Sports which delivers En8li5h and Maths sessions in schools with the sim of inspiring children in teamwork and sports. AFC Bournemouth local projects Funding received from the football club to provide a range of community benefit projerts. PL Health Used to deliver men's health interventions. PL Next Generation Coaches Programmes to develop coaching development Systems in a safe and challenging environment. PL Inspire A programme to support 11-16 year old5 who are marginalized or at risk of not reaching their potential. BBC Children in Nèed Funding was received to purchase a van used as a safe mobile activity space for children and young people who live in Left Behind Areas where there are a lack of local youth facilities. The transfer out of the fund represents the purchase of the van and fulfilling of the restrictions. PL Ringwood Hub Funding forthe employment of a hub officer to set up delivery and develop community projects. PL Girls and Women Funding to develop women's and girl'5 football. Football Foundation Funding for the development of the Ringwood hub. PL Policy Funding to be used for the fornal launth of the new facilitie5 in Ringwood. PL CommLJnity Outreach Funding from the PLCF forthe community outreach project. PL Fans Fund Funding to support 3 range of fan-focused and fan-led projects, helping to foster a sense of belonging through meaningful engagement. Page 35
AFC Boumemouth Community Sports Trust Notes to the Financial Statements lor the Year Ended 30 November 2024 (continued) 21 Analysls of net assets between funds Unrestricted funds General Total funds at 30 November 2024 Restrirted funds Tangible fixed assets Current assets 560.957 833.992 168,644} 560,957 946,500 168,6441 112.508 Current liabilities Total net assets 1,326,305 112,508 1.438,813 Unrestricted funds General Total funds at 30 November 2023 Restricted funds Tangible fixed assets Current assets 135.371 1.383,526 149.948) 135,371 1,499,367 149,948 115.841 Current liabilities Total net assets 1.468,949 115,841 1,584,790 22 Analysls of net funds At30 November At l December 2023 Financing cash Ilows 2024 Cash at bank and in hand 1,252,452 {470.5181 781,934 Net debt 1,252,452 1470.518) 781,934 At30 November 2023 At l Dernber 2022 Flnancing cash flows Cash at bank ènd in hand 1.264.9S4 (12,502) 1.252,452 Net debt 1.264,954 {12,5021 1.252,452 Page 36
AFC Boumemouth Community Sports Trust Notes to the Financial Statements for the Year Ended 30 November 2024 {continued} 23 Related party transactions During the year the charity made the following related party tran5actions- AFC Bournemouth Llmited IAFC Bournemouth Limited is considered to be a related party due to Its influence over the charity. } During the year the charitable company has made purchases from the football to the value of £9812023.. £8781. The charitable company also raised sales invoices to the value of £94,S71 12023: £63,066). At the balance sheet date the amount due from AFC Bournemouth Limited was £23,85312023- £59.048I. Page 37