Roglstored numbor-. 06614473
Charlty numbor- 1125101
SHREWSBURY TOWN FOOTBALL CLUB FOUNDATION
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
FOUNDATION
rqE .LJ6'S DFFIC.',IL CAJlRir¥
WR
Partners
ProtettiNJ yourluture.

SHREWSBURY TOWN FOOTBALL CLUB FOUNDATION
IA company Ilmited by guarantee)
CONTENTS
Page
R•for•nc• and admInlstrad￿ dotalh of the Charlty, Its Tru•t••¥ *nd *dvlMrn
Trust••s' r•port
Ind•p•nd•nt audltors. roport on th• flnan¢lal slat•m•nts
statsm•nt of Ilnanclal actlvltl•s
2-11
12-15
16
Balan￿ •h••t
17-18
Statwn•nt of cash flow¥
19
Nots# to th• flnan¢lal #tatements
20-42

SHREWSBURY TOWN FOOTBALL CLUB FOUNDATION
IA company Ilmlt•d by guarantso)
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARrrY, ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 AUGUST 2025
M E Bramall
M Bull lappolntsd 6 March 20251
A Dodd (appointed 6 March 20251
Acrane
L Do0￿Y
D E¢]￿rdS Iraslgnad 21 Novembar 20241
K Higgin8 lappointed 6 Marth 20251
R Jervls
J Masi (resigned 9 December 20241
M Millw Ir8signed 20 November 20251
L RSmmer
H Thome, Chair of Trustees
L Towern Irosigne¢J 7 J8nuary 20261
Company rogl•tor8d
numb•r
06614473
Charfty r•gl•tw•d
numb•r
1125t01
R•glst•r•d offic•
The Croud Meadow
01oley Road
Shrewsbury
Shrop$hlre
SY2 6ST
Foundatlon DITO¢tor
Shln Aulfa
Indopendont audltors
WR Parb)grs
Chartergd Accountants
Bdrnont House
Shrewsbury Buslness Pa
Shrew8bury
Shropshire
SY2 6LG
Bank•rs
Baietays Bank
44, cast￿ Street
Shrewsbury
Shrop$hiro
SY12BU
Senlor rnanag•m•nt
toam
Shln Aujla- Foundation Director
Towers- Head of Flnance
Pa￿1

SHREWSBURY TOWN FOOTBALL CLUB FOUNDATION
IA company Ilmltad by guaront891
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 AUGUST 2025
The Trustees present their annual report together wth th• 8udit8d fin8na81 st8tern8nts of the Charity for the y88r
ended 31 August 2025. The trustees hav8 adopted the provisions of the Statement of Recommended Practice
ISORPI'Accounb"ng and Reporting by Charities. in preparing the annual report and financial stalem&nts of the
Charity.
Th8 fin8ncr81 stateTnen15 have been prepared in accordance with the accounting pollcles set out In notes to the
accounts and compty with the Charitys governing dr￿umernt. the Charities Act 2011 and Accounting and
Reporting by Chariti8s'. Statèmant of Rewmmended Practice applicable to charities preparing their ac£ounts in
accordance with the Financial Reporting Standard applicable In the UK and Republie of Ireland publlshed In
October 2019.
Obl•ctlves and actlvities
. Poli¢io$ and objectives
Shrewsbury Town Football Club Foundation has 3 main objectives-
To promote community partiapation and healthy ￿cr￿all0￿ by prowding facilities for the play'ng of
association football and other sports capable of improving health I"facAlities" in this GLiuse means land,
buildings, equiprnenl and organising sports'ng activities}',
To pro￿d* and 8SSi8t in provlding facil￿eS for sport, recreation or other l&sure time occupation of such
persons who have neod for ssjch facilities by reason of thoir youth. age, infirrnity or disablemenL privat&
or social welfara and ￿th the object of irnproving their conditions of life., a
To advance the education of childrgn and young people through such means as the Iru51ees think fil in
accordance with the law of charity.
In setting objectiv8s and planning for actiwties, the Trustees have given du& consideration to general guidance
published by the Charity Commission relating to public benefit, including the guldan¢e'Publi¢ benefit.. runnlng a
charity IPB21'.
Page 2

SHREWSBURY TOWN FOOTBALL CLUB FOUNDATION
IA company limited by guarantee}
TRUSTEES. REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 AUGUST 2025
ObJectlv•$ and actlyldes Icontlnued)
b. Strateghs for *chl•vlng obJ•etlv•s
OUR VISION
To take Shrewsbury Town Football Club Foundation into Ihe heart of the kxal (x)fflmuntty. empoworfng poopl8 to
alsg thglr potantial and achwe their goals.
OUR MISSION
ShrewstrNJry Town Football Club Foundation's mission is simple-lo utifigs th& wwer of sport to engage. inspire
and strangthen our Iwl ¢ommunlty.
OUR VALUES
We are proud ol what we do here at Shrewsbury Town Football Club Foundatlon. and avgry one of our t&arn
makes sure that we uphold the folk￿￿ng valuès-.
Professional- Our workforc8 are coachès. mantors. taachèrs and role models and always ¢onduct thèmsafvès
in 8 professional mannér.
Passionat•- Wa ara passionat8 8LK)ut what Wg delNgr for Shrewsbury Tovm Football Club Foundation, a￿1 how
we can make a difference for the community we live in.
Inclusive- We are committed lo supporting all of our participants regardlass of Tace, gender or ability and will
ensure that our programmes reflect this.
Proactive- We are delerrnined lo be forward thinking. Inr￿alIVe and ambitious in continually looking to improve
our perforniar￿e and impact.
Caring- Ourworkforc8 car85 a lol about ourwork and our local community.
Fun - W8 want all parliclpants to share our enjoyrnent and enthusiasm In what we deliver- in a fun and safe
environment.
Page 3

SHREWSBURY TOWN FOOTBALL CLUB FOUNDATION
IA ¢ompany Ilmlt•d by guar•nt••)
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
ObJ•ctlvM and a¢dvlll•$ (¢onItn￿d)
¢. Pthivltlm und•rtak•n to achlov• obJ•ctlv••
HeAtth & Wellteing
Extsx Time Hub8
Walking Fcvtboll
Exorci88 on R8ferr81
Parkinson's Hub
Veterans Hub
Fostsr Carers Hub
Demenlia Hub
EdUCats(￿ & Employabllty
BTEC Fwiball & Education
USW Community Coachlng Degre
Premlgr Lgaguo Prlrnary Stsrs
Reading the Game
CurricLTrlum Cooching
Extra Cuth¢ular Club8
PL Kicks
Hollday. A¢tivttte8 and Food Programme
Game¢hanger5
UK Shar8d Prospgrity Fund (Make Sport Workl
DWP Shrop8hlre Youth Hub
F¢JOtball Devalopmenl
Mole player pathway (Player Development Centre & Advanced Developm•nl C*ntr•l
Female playor pathway (Advanced Devefopmant Centre & Emerging Talent Centrel
Youth dgvglopment phas8113 1651
Soccer SchrK*18 & Multi Sport Courses
Shr8wsabllity
Short B￿ak8
Mini Kickers
Fad1￿ Davelopmtnt
Ludlow F¢olball Stadlum
Cornmunty Football Hub
Media & Tralnlng Suit¢
Foundation Building
Arbficlal 3G Pltth
Pag8 4

SHREWS8URY TOWN FOOTBALL CLUB FOUNDATION
IA Company limited by guaranto91
TRUSTEES. REPORT ICONTINUEOI
FOR THE YEAR ENDED 31 AUGUST 2025
Oblectlves and actlvltl8s Icontlnuadl
d. Voluntser¥
The Charity is grateful for the volunteers linduding Stud8rit51 who are involved in 5eMc8 provision and
fundraising. It is estlmat8d that ovèr 3.750 volunteer hours were provided duriThJ the year. If this is cons&rv81ivety
Valued at £13 an hour the volunteer effort amounis lo over £48.850.
strateglc report
Ach5ev•m•nts and p•rfomianeè
a. Summary
This year the Charity has shown adaptability and resili8nc8 in 8 diffieuh climatè. It was unablè to sècure an
extension lo thè Shrewsbury PCN contrad providing the exercise on referral programme but did secure an
extension of the govemment funded Youth Hub and Make Sport Work programmes. In football delivery and
primary school ￿rri￿lUM. which thè Charity has been involved with for year5, the ernphasis ha5 been to
improv8 tha quality of the prograrnmes del￿ered.
It is important to remember that without the paiticipants. students, parents. funders, partners, volunteers, staff
and Iruslee5. the Charitywould not be able to delivar th8 inspiring and sometimes life changing work across
Shropshire.
b. Main achievements ol the Charity
Some of the major achievements ofthe year are:
The continued success and growth of the Shrewsbury Town College and University
The extension ofthe Youth Hub and Make Sport work progr8mmes focusing on young people not
currendy in employment
Increased use ol the facilf(ies by grassroots clubs. particularly in Shrowsbury
Fwtball coaching delivery across Shropshir8 With continued 3trenglhening of the girfs. p8lhw8y
Growth in both our PL Ki¢k$ and disability programmes
Engagernenl with primary school age children from tha Rèading the Gam$ projact to curriculum activities
to the Holiday, Activity and Food programmg.
e. Kay p•rformanee Indicators
2025
£1,595,038
£131.0921
2024
£1,529,426
£45,447
Incoffle
Surplusldeficil
Page 5

SHREWSBURY TOWN FOOTBALL CLUB FOUNDATION
IA company limited by guaranteel
TRUSTEES. REPORT ICONTINUEDI
FOR THE YEAR ENOED 31 AUGUST 2025
strateglc rgport Iconwnued)
Aehl•v•m•nts and p•rformane• leontinu•dl
d. Review of activlties
H•alth and W•llbolng
The contract wrth the Shrewsbury PCN for the Exercise on Referral prograrnme ended on 31st December 2024
8nd resurted in the scaling b8ek ol th6 h68lth and wallbaing offering. How8ver, the charity has continued to
provide tre Extra Time. Veterans and Parkinson'5 Hub. This year has also seen the addition of a Foster Carers
hub supported by Shropshire Council and a Dementia Hub.
The Walking Football prograrnrne provides a great way io rernain phy3ically. mentally and 50cialty activ• wth the
opportunty to still enjoy baautrful gamè and meet and socialise with friends and other people.
Educatlon & Employablllty
The primary education team have continued to deliver the Premier League Primary Stsr8 IPLPSI project to a
v&ry high quality and hava also piovided curriculum and after school club support lo an increasing nurnber of
primary schools across Shropshire. Additionally. the charitys he8tthy1rf85ty8 and litei8cy projects which includes
'Reading the Game, have been delivered to schooL8 across Shropshire.
Successful delNery of the Holiday, Actiwty and Food IHAFI project saw parb'cipants take part in Christrnas,
Easter and Summer holiday activities with hundreds of meals distributed over this tsme.
The Gamechangers programme has had a significant and lasting impact on the young people we've workad
wtth. helping Ih8m build confiden￿, skills dear pathways for their futurès. Since September 2024, the
programme has engaged 702 unique sludents, supported by 42 dedicaled volunteers frorr both otjr organisatk
and external partners. This consistent support ne￿Ork has enabkd students to access meaningful opportunib'es.
with 193 young people progressing into further education, Ir8ining or qualffic81ions. In gdditK>n, students have
completed 210 accredited cours&s. ranging from the FA Referee Course and Intro to Sports Coaching to
Playmak8r5. Youth Sport5 Lead8r5. First Aid and Saf8guarding. Tog8ther. the5a achievements highlight how
Gamechangefs is not onty expanding students, experiences but also equipping th&m wf(h r8o)gnised skills and
quallfications Ihat open doors lo nèw ambitions and luture careers.
Delivered in partnership wrth SCL Education, the Charitys college programrne is now embedded wthin the Ilfè of
the Charity and has se¢n ¢onsistent nLJmb¢rs of students engaging. This in tum has led to increasing numbers
of students on the higher educabon courses in partnership with the University of South Wal6s. Many of these
students fulfil their volunteer hours with the charity and some have become part of the workforce once they h8vg
graduated.
In the area of Employability. the Charity saw a yearfs extension to the Youth Hub funded by and working in
collaix)ralion with the DWP. Over 200 young people have seen their ernploymenl prosp8cts improved with a
number obtaining WO￿ or going on to further education. Coupled wth this the UKSPF contract has also been
8Xtended to 31st De¢ember 2025 which aligns with tha Youth Hub in working Wth young people to improve their
employability prospects.
Page 6

SHREWSBURY TOWN FOOTBALL CLUB FOUNDATION
IA company limited by guarantee)
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
Strategic report Icontinuedl
Achl•vèm8nts and p8rformaneè leontlnu•dl
Football & Participation
The Charity has conbnued ils regular and successful football and partiripalion prograrnme8, with particular
growth seen in the female pathway.
The Charitys di58bility provision conth'nues lo grow and some 45 participants attend weekly sessions. The Short
Breaks prograrnme, in partnership with Shropshire Council and Energize, provides an opportunity for children
and young 8dulls wth a dlsablltty to aecèss a ShrgW5bury Town FC football match with t2 regularly attendlng.
The Premier League Kicks project is a wtal inthative providing weekly footb811 sessions delivered in mu￿.ple
8rgas of deprivation across Shropshire. The growing number of sessions wlh an average of 135 participant3 por
week contribute to a reduction in anti-social behaviour and provide an opportunity to build relationships with
extemal stakeholders, such as Wèst Mèrci8 polie8. This also incluées gduc8tion81 workshops and volunteerin9
and qualification opportunities.
Th8 Charitys M8ntal Health Sessions allow anyone who is struggling mentally lo come along and use thg Powgr
of football to socialise and remain active.
Facilities
The Chartvs facility offering in both ShTew5bury and Ludlow has continued lo enabb the cornrnunity to enjoy
spaces to play, socialise and enjoy the beautiful game. The￿ are strong links wth local teams and the
cornmunity as th8y are offered Superb tscililies for local grass root teams to play, from toddlers pl8yng for thè
first lirn8 lo adults playing walking football. Funding has been obtained during the year from both the UKSPF
and Sky Bet to improve the Smiihls faulty whera the h88lth and w8llb8ing hubs m88t.
In March 2025 the Charity passed the operation of the Ludh)w site to Ludlow Tovm Football Club. although it
continues to delivèr football programm8s from th8 sit8.
Factors rolovant to achlevo vbJoctlv•$
The continuing challenges are..
Recruiting and retsining personnel who are key to the provision ol our wojects
Raising funds to support CO￿ overheads
Accessing grant funding which supports the work of the Charity
igning objectives with the wider challenge of 6nvironmèntal sustainability
I projects ale monitored through an online system. Each project has set objectives that contribute to the three
outcomes we try to achieve as an organisation. Certain projects a150 require reporting direct to the funder. Most
projects will h8ve participant feedback alongside session observations to ensure the objective5 of the project 8r8
being mel.
Projects are rrrtjnitored and reported through pfogramme managers to trustees on a quartedy basis.
Page 7

SHREWS8URY TOWN FOOTBALL CLUB FOUNDATION
IA company limited by gvaranteel
TRUSTEES. REPORT (CONTINUED
FOR THE YEAR ENDED 31 AUGUST 2025
Slrategl¢ report Iconunued)
Flnanclal revlew
. Going concern
After rnakiro appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate
resources lo continue in operational existence for Ihe foreseeable future. For this reason, they continue to 8d¢>pl
thè going coneèm basis in preparing the fin8ncial statemen15. Furth8r d8tsi18 ragarding tho adoption of the going
concern basis can be found in the accounting pdicies.
b. R•Serv￿ pollcy
Tot81 funds ol the Charity al 31 August 2025 were £866.78412024'. £897.8761. Tha Ljnrestricted funds are
£369,24112024.- £386,3881. of this Ihe free reserves are £176,81012024'. £85,149), after removing the
d8signated funds of £104,19712024.. £97,6171 and th8 unr8Stnct8d fixed ass81s of £88,23412024.' £203,622).
Funds are designated for future upgrade and repair works at all sites maintained by the Charity and for the
provision of new premises to support the growing work of the charity.
The Charity aims to build reserves sufficient to cover operational costs for a minimum of 3 rnonlhs Ic. £41K).0001
e. Prlnclpal rfsks and uncèrtaintie5
Ensuring the risk is Managed on our delivery to safeguard particjpants and avold organi5alion reputation
damage.
Uncertainty and length of funding streams remain a key risk. particulady if Shrewsbury Town F¢Jolball Club is
rèlègated.
Retention of key personnel remains an uncertainty that can reduce the quality of delivery
d. Flnan¢lal ri¥k man•gomont objectiV•8 and poli¢le8
The Charity carries out a rigorous budgets'ng process annualty and reviews forecasts periodically along with
regular reporting on key financial data. The finance team provides monthly finanaal information to rnanagers to
keep them focused on delivery of their projects in line with budgets.
There 1$ an ongoing rtrvi8w proc885 to build th$ PfOCeSS08 8round fin8nei81 ¢ontrol wTthin the Charity.
The Tnjstees have assessed the major risks to which the Charity is exposed, in particular those related lo the
OP8ralions and financ85 of the company and are satisfied that sy51em8 and prO￿dureS 8rp in p18C8 to mitigate
our exposure lo ihe major risks.
Page 8

SHREWSBURY TOWN FOOTBALL CLUB FOUNDATION
IA company Ilmlted by guarantee}
TRUSTEES. REPORT I¢ONTINUEDI
FOR THE YEAR ENDED 31 AUGUST 2025
Structure. governance and management
Constltutlon
Shrewsbury Town Football Club FoundatK)n k8 registered as a tharitable company limited by guarantee and was
sel up by a Trust deed. The Charity operates under company number 06614473 and charity numb8r 1125101.
The princlpal obj8cl of Ihg ¢ompany is lo take Shrewsbury Town Fcotball Club Foundafjon Into the haart of th8
local community. helping people Tealise their potential and achieve their goals. To vtilise the power of sport to
engage, inspire and strengthen our Iwl (x)mmunlty.
b. Methods of appolntment or electlon of Trustees
The management of the Charity is thé r8sponsibifty of the Trust8es who are ejected and co opted under thg
terms of the Trust deed.
The Truste8s ate selected on the basls of findSng the requlmd sklll set to add strenglh and depth lo the Board.
One8 Identifi￿ a thomLJgh review proce88 is ca￿led out to ensure they wll bg able to support our Charity. An
annual review of Trustees is carried out to review the sknllg available to the Charity.
Trustees shall be appointed for an initial three year fixed term, which may be renewed. Trustee$ sh(xJld ideally
serve for a maximum of nine consecutive years. any further re appointment shoukd be subject to rigorou5 review
and scrutiny.
e. Organlsatian41 structurg and dgcision¥naking poli¢bg
Shin Aujla, Foundat*Jn Director, is delegated by Trustees to oversee the day to day running of the Charity. Th6
Board of Trustees, vthich has been drawn from local busin855, and othèr rèpresentatives from the private sector,
meets ay a fvll board al least four lime5 a year. In lemis of financial rnonrtoring and reporling to the trustees.
detailed quarterfy accounts are prepared, and these are ￿vIewed by the Trustees.
Staffing Level
Shrewsbury Tovm Football Club Foundation currently has 25 FfE Permanent staff 8rKI utilisos a pool of 3 FTE
exible zero hours staff.
Key Staff - Senior Management Team
Shln Aulla- Found8Jon Dlraclor
Lyn Towers- Head ol Finance
d. Pollel•s adoptèd for th• Induetlon artd trnlnlng of Tru$tèès
The Trustee Good Govemance policy outlines the roles and responsibilities alongside the indudon and tralnlng
policyfor all trustees.
e. Pay pollcy for key rnanagement personnel
The salaries for senior staff are set in discussion wth Trust8•s and reviewed on a regular basis.
Page 9

SHREWSBURY TOWN FOOTBALL CLUB FOUNDATION
IA company Ilmlted by guarantee)
TRUSTEES, REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 AUGUST 2025
Structu￿> govemance and management Icontlnued)
f. Rélat•d party r•l•tionships
The Ch8rity works closely with Shrewsbury Town Football Club.
g. Flnanclal rlsk managgment
The Trustees have assessed the malor risks to which the Charty 13 expo8ed, in particular those related to the
op6r8tions and finan¢e5 of the Charity. and are satisfied that sy3terns and procedures are in place lo mitigate
exposure lo the major risks.
Plans for futur• pèrlods
To continue lo grow the female fwtball pathway and disabllity provislon
To seek the 8xiension of the contract wth thg DWP to engage young people not ¢urr9nUy aclivè in tha
workforce
To re-shape the Heafth & Wellbeing programme and cOn￿n￿8 the growth of its various hubs
To continue to grow and develop the Shrewsbury Town Col￿ge and University delivering 4 wld•r variaty of
cour58s lo more slLKJents
To enhance the delivery proviston within both prim8ry and sewndary schools
To d8V81op an events calendar showcasing the work of th8 charity and to provide unTestricted funds lo
support its work
The mBnag&m8nt of th8 Short Breaks programme working with prowders ac￿8 thè whole of Shropshi
Page 10

SHREWSBURY TO¥VN FOOTBALL CLUB FOUNDATION
IA company limitèd by guarant••l
TRUSTEES, REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 AUGUST 2025
Statom•nt of Tru$to0s' ro$ptsn$lbllltl•$
The Trustees Iwho are also the director8 of the Charity for the purposes of company18wl 8rg r8sponsibl8 for
preparing the Trustees. report including the Strategic report and the financial statements in accordanc8 Wlth
applicable law and Unitod Kingdom Accounting Stand8rds (Unitad ltingdom Generally Accepted Accounting
Pra¢ticel.
Company law requires the Trustees to prepare financial statements for each financAal . Under company law. th8
Truslees must not approva the financ181 statèmènts unlèss thèy arè s8dsfied that they glve a true and fair wew of
the stste of affairs ol the Charity and of 5ts incoming resources and applicat￿Tr of re50urc9s, including its income
and expenditure, for each financial year. In preparing these financial statements. the Tnjslees aTe requlred lo:
select suitable accounting polici8S and then 8pply th8m consist8nUy,
observe the method5 and prinriples ofthe Chartlies SORP IFRS 1021;
m8ke judgments and accounting estimates that a￿ reasonable and prydent,.
stsle whether applicable UK Accounting Standards IFRS 1021 have been followed. subj8¢t to any materlal
departures disclosed and expLiined in the finanaal statements..
prepare the financial statements on the g￿ng concem basis unless (( is inappropriate to PTe3umg that the
Charitywill continu8 in business.
Th8 Trustees are responsible for keeping adequate ac£ounting records that are sufficient lo show and èxplaSn
the Charitys transactions and disclose with reasonable accuracy al any time the financial position of the Charity
and enable them to ensurg that th8 financial slalemenls comply wlh the Cornpanies Act 2006. Thèy are also
responsible for safeguarding the assets of the Charity and hence iaking reasonable steps for the prevgntion
and dètaction of fraud and oth9r irr9gul8Tilies.
Dlsclosure of Information to audltors
Each of the persons are Trustees at the time when this Trustees, report is approved has confiTrned Ihatr
so far as that Trustèe is 8w8re, th9re Is no rglevant audit informafjon of whith chantys auditors are
unawar8, and
that Trustee has taken all the steps that ought lo have been taken as a Trustee in order to be aware of
any relevant audit InfO￿allOn and to establish that the charitys auditor3 are aware of that informabon.
Audltors
The auditors. WR Partners, have indicated their wllingness lo continue in office. The d88ign8tèd Trustees will
propose a mothm reappointing th6 auditors at a meeting of the TrustO8S.
Approv8d by ord8r of the m8rnbgrs of the board of Trustges 8nd signed on th8ir bahalf by..
H Thorné
(Chair ol Trusleesl
Date".
Pagell

SHRET•VSBURY TOWN FOOTBALL CLUB FOUNDATION
IA company Ilmlttd by 9uaraftt•èl
INOEPENDENT AUDITORS. REPORT TO THE MEMBERS OF SHREWSBURY TOWN FOOTBALL CLUB
FOUNDATION
Oplnlon
We have audhed the financial Stalernents of Shrewsbury Town Football Club FOUndatic￿ Ithe'charit8ble
companll for the year ended 31 August 2025 which comprise the Statoment of finanual aciivities, th8 Balance
sheet, the Statement ol cash flows and th8 related notes, inrjuding a summary of significant accounting policies.
The financial reporling frarnework that ha3 been applied in their preparation is applicable law and Unrte
Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard
pplicable in the UK and R8public of Ir81and' (United Kingdom Generally Accepted Accounting Practice).
In our opinion the financial statements-
gNe a tnJe and fair view of the state of the charitable companls affairs as at 31 August 2025 and of its
incoming resources and applicatk)n of res(xJrcos, inclLJding its income and expenditure for the year then
ended..
have been properly pr8pared in accor(lance with United ￿.￿gdoM Gontrralty Accepted Aco)untlng
Pra¢ti¢¢,' and
h8vg been prepared in accordance with the requirements of the Charitie5 Act 2011.
Basls for oplnlon
We conducted our audit in accordance wth International Standards on Auditing IUKI IISAS IUKII and applicable
law. Our responsibilities under those standards are further dascribed in the Auditors, responsibilities for the audil
of the financial ststements sects'on of our report. We are independent of the charitable company in 3ccordan¢g
with the ethical requirements that are relevant lo our audit of the financial siatements in the United Kingdom.
including the Financial Reporting Council's Ethical Standard, and we hav8 fulfilled our other ethical
responsibilities in acc4)rdance with these requirements. We believe that the audrt ewdence we have obtainad Is
sufficient and appropriate to provide a basis for our oixnion.
Coneluslons rola￿A9 to golng ¢on¢em
In audits'ng the financial stalemenis, we have concluded that the Trustees, use of the going concem basis of
aecounting in the pr8P8ratlon of tha fin8nclal stotem9nts is appropri8te.
Based oll the work we have performed, we have not identified any material uncertainties relating lo evonts or
condib'ons that, individually or collectively, may cast significant doubt on the charitable company's ability to
continue as a going concern for a p8ri0d of atlgast Iwefve mnth5 Irorn when Ihe financial Statèments are
auth0ri5ed for issue.
Our responsibilities and Ihè rasponsibifitlès of tha Trust8as wth respect to going concarn ara described in Ihe
rolevant se¢tions of this report.
Page 12

SHREWSBURY TOWN FOOTBALL CLUB FOUNDATION
IA company limited by guarantee)
INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF SHREWSBURY TOWN FOOTBALL CLUB
FOUNDATION ICQNTINUEDI
Oth•r Informatlon
The other information comprises the inlorniation included in the Annual report other than the financial statements
and our Auditors, report tharaon. Thè Trust80s 8rg responsiblg for the other inforrn8tion ¢onl8ingd within th&
knnu81 report. Our opinion on the financial statements does not cover the other information and. except to the
extent otherwis8 explicitly stated in wr report, we do not express any fom of assurance conclusion thereon. Our
responsibillty is to road thè othèr Information and, in doing so, ¢onsider whether th8 othèr infomation is
m8t8rially in¢onsislenl wlh the financial slalements or our knowledge obtained in the course of the audit, or
otherwise appears to be materially misstat￿. If we identify such material inconsistencies or apparent material
missiatem6nts, we are required lo delertnine whether this gives rise lo a rnalerial misslatemgnl in the financlal
ststements themselves. If, based on the work we have perform￿, we condude that there is a material
misstatement of this other infom)ation, we are required to reyKJrt that f8Ct.
Wè have nothing to rÈport in this regard.
Matters on whl¢h w• ar• roqulrod to report by •xcoptSon
We have nothing to report In respe¢t of the followlng matt8rs where the Charilitrs IA¢counls and R8portsl
Regulations 2008 requires us to report lo you if, in our opinion..
the informaii'on given in the Twste&s' rep)rt is Inconsistgnt In any material resp8¢t with the financral
stat&mants', or
sufficionl a¢¢ounting records have not been kept., or
tho fin8noi8151aleFnents are not in agreernent with the accounting records and returns., or
we have not received all the information and explanations we require for our audit.
ResponslbSlltl•8 of tru$ts•s
As explained more fully in ltte Trustees. responsibilities statement, the Trustees (who are also the directors of the
charitable company for the purtKJses ol company lawl S￿ ￿SponSible for the preparation of the financial
statoments and for being satisfied Ihal they give a true and fair view. and for suth internal control as th9
Trustees determine is necessary to enable tho preparation ol financial stataments that are free from material
misstatement, whether due to fraud or error.
In preparing the finanrial statements, the Trustees are responsible for assessing the charitable companys ability
to continue as a going COn￿rn, disclosing, as applicable, matters related to gang concern and using the going
concem basls of aceounbng unless Ihts Tiuste85 either inlend lo liqvidale the charitsble company or to cease
operations, or have no realistic altemative but to do so.
Page 13

SHREWSBURY TOWN FOOTBALL CLUB FOUNDATION
IA company limited by guarantee)
INDEPENDENT AuD￿ORs. REPORT TO THE MEMBERS OF SHREWSBURY TOVIN FOOTBALL CLUB
FOUNDATION ICONTINUEDI
Audltor8' rg8ponslbllftlos forth• audlt of th• Ilnanclal stat•m•nts
We have been appolnted as auditor under section 144 of the Charffjes A¢1 20118nd report In accordance with
the Act and relevant regulations made Cf having effect thereunder.
Our objectives are to obtain reasonable assurance about whether the finanaal statements as a vthole are froe
from materfal misstatem¢nl. whethtsr dug to fraud or error. and lo issue an Auditors, report that includes our
opinion. R88sonable Jssurance is a high level of a5SUTance, bul is not a guarantee that an audrt eonducted in
accordance wrth ISAS IUKI will alwa￿￿ detect a material misstatement vthen rt exists. Misstatement5 can ari80
from fraud or èrtor ond are wnsidered rnateri81 if, indiwdually or in the 8ggrgg8t9. thgy could reasonably be
expected lo influence the eo)nomic decAsions of users taken on the basis of these financial slatem8nts.
Irregularities, induding fraud, ar9 Instances of non-compliancg with laws and reguktions. We design procedure8
in linè with our rèsponsibilities, outlined above, lo detect material rnisstalements in rèspèct of irregularities,
including fraud. The extent to which our procedures are capable of detecting irregularits'es. including fraud is
datslled below:
We revrewed the 8usceptibility of the Charitab￿ company8 financjal slalemenls lo materi81 misst8temenl
and Identif￿ the principal rfsks. implèmanting a s8ri8s of testlng pn)cedur&s to provide us with sUffi￿ent
coEnfort lo issue our opinion.
We reviewed the charitable companys regulatory environment Èo ensure we could condude Ih8t it ha¢J
acted in a(xx)rdance ￿th the frarTJework relevant to ￿ charitable compgny and its environment and
identify any instances of non•compliance.
We also assèssad thè charitable eompanls intamal control proceduras to •nsura we could appropriately
s¢rulinis8 these control3 and estsbli8h whether our understanding of the control env(ronment was
sufficient to sUpp￿rnant our additional testing procedures.
The engag8m8nt team wnsisled of 8 tearn that the 8n9agemenl partngr b8liév8s L% equipped vith the
relevant level of technical and charitable o)mpany awareness to cary out our work to the required
standard.
Bec8usè of the Inherenl1Smllations of an audtt, there Is a rfsk that we wll not delect all irregularftlès, Indudlng
those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk
incraasès thè morè that cornpliance wth a law or regulation is removed from th8 avants and transactions
reflected in the financial statements, as we will be less likety lo become aware ol instan￿8 of non-compli8nc8.
The risk is also greater regarding irregularitias occurring due to fraud rathar than error, as fraud involves
inténlional cor￿44ment, forgery, collusion, ornission or misrepresentakn'on.
A further description of our responsibilities for the audit of the finanual stalemenis is located on the Financial
Reporting Council's website 8t-. 5￿￿.frc.tsr
.uklaudstor5res
onsibilth&s. This desuiption forms part of our
Auditors, report.
Paga 14

8HREWSBURY TOWN FOOTBALL CLUB FOUNDATION
IA company Ilmltsd by guarantvl
INDEPENDENT AUDrroRS' REPORT TO THE MEMBERS OF SHREWSBURY TOWN FOOTBALL CLUB
FOUNDATION ICONTINUEDI
Usa of our rnport
This report18 made solely to the charitable companls member8, a8 a body, in aC￿rdanCe wth Part4 of the
Charities IAccounts and Reports) Regulations 2008. Our audit work has boen undertaker¢ so that we rnight stat&
to thè charltsble compangs mgmbefs, 8S 8 bo(ly, those matters we are requlred to state to them in an Auditors.
report and for no olher purpose. To the fulk881 extent permitted by law, we do not accept or assume responsibillty
to anyone other than the charitabla company ond its m8mb&rs, as o body. for our audit work. for this report, or
for the oplnlong we have fornigd.
WR Parln•
Chartared Accountants
Stalulory Audkors
Belmont House
Shr8w$bury Bu$lngss Pork
Shrewsbury
Shropshire
SY2 6LG
Date..
2oi/
WR Partners are eligible lo act as auditor8 in tsrms of section 1212 of the Companies Act 2￿)6.
Page 15

SHREWSBURY TOWN FOOTBALL CLUB FOUNDATION
IA ¢ompany limlt•d by guarantee)
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME ANO EXPENDITURE ACCOUNTI
FOR THE YEAR ENDED 31 AUGUST 2025
Unrestricted
funds
2025
Restri¢ted
funds
2025
Total
funds
2025
Totsl
funds
2024
Note
Income from".
Donations and ￿ga¢pe5
Charitable activities
Other trading actNlties
Investments
176.854
795,179
31,577
2,150
587.278
766.132
795,179
31,577
2.150
692,091
819,331
16.324
1,680
ToLIl Incom•
1.Q07,760
587,278
1,595,038
1,529,426
Expenditure on:
Charitable actNilies
1.063,788
562,342
1,626,130
1,483.9T9
Totsl oxpgndlture
1.063,788
562,342
1.626,130
1.483,979
Net lexpendlturÈ}Ilneome
Transf8rs befvleen funds
{56,028)
38,881
24,936
138,881)
131,0921
45.447
18
Net movement in funds
{17,1471
113,9451
131.0921
45,447
Reconciliation of funds:
Total funds brought forward
Net movement in fijnds
386,388
{17,1471
511.488
113.9451
897,876
{31,0921
852,429
45,447
Total funds carried forward
369,241
497,543
866,784
897,876
The notes on pages 20 10 42 form part of these financial statements.
Page 16

SHREWSBURY TOWN FOOTBALL CLUB FOUNDATION
IA company 11m1t￿ by guaranto•1
REGISTERED NUM8ER: 06614473
BALANCE SHEET
AS AT 31 AUGUST 2025
2025
2024
Flxed •Mot*
T8ngibl8 assèts
14
805,123
843,270
805,123
843.270
Curr•nt u••t•
Debloi8
Cash at bank and in hand
15
176,909
189,318
145,222
228,615
373,837
Curront Ilablllth8
Crodltors.. amounts falllng duo wltt)in one
18
1139,491)
(143,597)
Nol ¢urrnnl a•Mts
226.786
230.240
Total ass•t8 l•ss curr•nt Ilabllltl•s
1,031,909
1.073.510
Creditors.. amounts falling due after more
than one year
17
(165.125)
f175,634)
Total n•t **s•ts
866,784
897,876
Page 17

SHREWSBURY TOWN FOOTBALL CLUB FOUNDATION
IA eompany limrted by guarnnteel
BAL4Tr1CE SHEET {COP4TINUEDI
AS AT 31 AUGUST2025
2025
2024
Not•
Charity fvnds
Rgslric18d funds
Unrestricted fvnds
18
18
497,S43
369,241
511,488
386,388
Total funds
86fj,784
897,876
The entity was entitled to exemption from audit under sèction 477 of thè Companiès Acl 2006.
Thé mèmbgr5 have not required the enlity lo obtain an audit for the year in question in occordance with section
476 of the Companies Act 2006.
Howevgr, an audit is required in accordance with section 144 of tha Chariuès Act 2011.
Th8 Trust88s acknowledge their responsibilrties for compl￿7ng with the requirements of the Act with respect to
accounting records and preparadon of financlal stalemenls.
The financial stslemenls have been prepared in accordance thè provisions applicable to entities subject to
the small companies r8gim8.
The ftnancial statements were approved and authorised ft)r issu9 by the Tru$tees and signed on their b8half by..
H Thom•
(Chair of Trustees)
Dat8.'
The notes on p8gès 20 to 42 fom part of these financial statements.
Paga 18

SHREWSBURY TOWN FOOTBALL CLUB FOUNDATION
IA ¢ampany Ilmttsd by guarant••)
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 AUGUST 2025
2025
2024
¢￿h Ilowm frorn op•radng actfviti
Net cash u8¢d In operatlng acfvitk8
(40,9231
68. 166
Caih flo￿ from In￿￿tIng actlvltl•s
Dlvid8nd8, Inltsrtsts and rents from inv881menls
Purchase of t8ngibk fix8d assots
DisF¥)s81 of tangible fixed assets
2,150
1598)
1.680
(33,536)
541
Not ush provld•d byl(uMd Inl Invostlng actlvrti
7,336
131.315}
Ca•h flow• from flnanclng ictlvlu
Repayments of kians
Interest Paid
17,8101
2,150
(7,229)
1.680
N•t ¢uh u¥•d In fln•ndng a¢tlvltl
(5,6801
(5.549)
Chang• In ¢ash ¢uh oqulvahnts In th• y
ash and ￿$h equlvofents atthe ￿gInnIng of tho yoar
(39,2471
228,61S
31,302
197,313
Calh and ca•h •qulv*hnt4 at tho end of th• ye*r
189,368
228,615
The noles on pages 20 10 42 fomi part ofthese finandal 8tatsments
Pag¢ 19

SHREWSeURY TOTM FOOTBALL CLUB FOUNDATION
IA company limited by guarnnteel
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
General Inforniatlon
Shrgwsbury Town Football Club Foundats'on is a charitsble company limited by guarantee in England. Th
members of the company are ihe Trustees named on ihe admln page. In the event of the Charity being
wound up. th$ liability In rtrspe¢t of the guar8nleo is limited to £10 per fflomber of thg Charity.
The Charity Is Incotporated In England and Wales Bnd has a re9iStered address of Ol818y Road,
Shrewsbury. SY2 6ST.
Accountlng polScl8s
2.1 Basis of preparation of financial statements
Thg financial slalements have been prepared on a going concem basi5 under Ihe historical cost
o)nvention. The financial statements have been proparad in accordance with the second edition of
the Charities SORP IFRS 1021
Acoounling and Reporting by Charities.. Statement of
Recommended Practice applicable to charities Pf8paring their accounts in accordance with the
Finanaal Reporting Standard applicable in the UK and Republic of Ireland IFRS 102} issued in
Cktober 2019, the Financial Reporting Slandard applicable in the UK an¢J Republic of IreLqnd IFRS
1021 and the Companies Act 2006.
Shrewsbury Town Football Club Foundation rneets the definthon of a public benefft Onlty under FRS
102. Asseis and liabilhi8s ar8 initially rècognisgd at histori￿1 cost or transaction value unless
othe￿ise slal&l in the relevant accounting polry.
22 Going concern
After making enquires. the Trustee5 have a reasonable expectation that thè Ch8rfty has adgquatg
resources to continue in operational existen￿ for the fO￿Seeable future. The ChaTty therefore
(y)ntinues lo adopt the go4ng con￿rn basis in prepariro its fjnancial ststem&nls.
Page 20

SHREI•ISBURY TOWN FOOTBALL CLUB FOUNDATION
IA Company Ilmlttd by guaranteè)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
Accountlng pollcl•s Icontlnu•dl
2.3 Ineom•
AJI incom8 is rgcognisad once tha Charity has èntitlemant to tho incom8, it is probable that the
incomÈ wll be r8c8ived and the arnount of incom8 rèc8ivable can be méasured reliably.
Gifts in klnd donated for distribution ara includèd al valuatlon atvj racognised as inwrne when they
are distributed lo the projects. Grfts donated for resale are included as income when they are sold.
Donated facilities are induded at the value to the Charity where this can be quantified and a thlrd
party is b6arSng thè cost. No amounts ar8 included In tha flnancial statèments for services donated by
volunteers.
Don8tgd s•rvi¢es or facilities arg ro¢¢gnisgd when the Charty has control ovèr the item, any
conditions associated with the donated rtem have been mel, the receipt of economic bènéfit from thé
use ol the Charlty of the item Is probable and that economic benefrt can be measured relrably. In
accordance with the CharTtses SORP IFRS 1021. the general volunteer lime of thg Friands is not
recognised and refer lo the Trustees, report for more inlomiation about their contribution.
On receipt, donated professional services and faulits'es are recognised on the basis of thè valuè of
the gift to the Charity which is the amount it would have been willing to pay to obtain services or
facilities of equivalent economic benefit on the open market,. a corresponding amount is then
recognised in oxpenditure in the period of receipt.
2A Expendlture
Expendittjre is iecognised once there is a legal or conslrvclive obligation to transfer economic benefit
to a third party, it is probable that a transfer of economic benefits will be required in settlement and
the amount of the tsbligation ¢an be m88sured rgliably. Expenditure is ¢lassifi8d by activity. The costs
of each activity are made up of the total of direct costs and shared costs, including support costs
inVo￿ed in undertaking e8ch activty. Direct costs attributable to a single actiwty are allocated direclty
lo that activity. Shared costs which contribute lo more than one activity and sUPPOrt costs which are
not attributable to a single activity are appo￿oned betw8en thosa activities on a basis consi518nl with
thè usè of rèsour¢ss. Central staff Costs arts allocated on the basis of timè spent, and depreciation
charges althated on the pO￿.on of the asset's use.
Charitsble activibes and Govemance costs are costs incurred on the ChariW$ operations, including
support costs and costs relating to the govemance of Ihe Charity apportioned to charitsble adivitbs.
2.5 Interest receivable
Interest on funds held on deposit is included when receivable and the amount can be measured
reliably by the Charity., this is normally upon notification ol the interest paid or payabl8 by thè
Instituuon whom tho fvn¢Ys are deposited.
Page 21

SHREWSBURY TOWN FOOTBALL CLUB FOUNDAnON
{A Company limited by guarantee)
NOTES TO THE FINANCL4L STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
A¢¢ountlng pollcle$ l¢ontlnued}
2.6 Tangible fixèd assets and d•pr•clatl*)n
Tangible fixed assets ci>sting £500 or more are ￿pI￿lIsed and recognised when futur8 aconomlc
benefits are probable and the cost or value of the asset can be measured rella￿y.
A review for impairment of a fixed asset Is cxrri8d out if events or thang8s in ¢ir¢um$tances Indicate
that the Carr￿n9 value of any frAed asset may not be recoverable. Shortfalls behveen the ¢arTring
value of fixed assets and their rgcoverable amounts ar8 re¢ognlsed as impairments. Impairment
losses are recojnised in the Stalernent of finanrjal activities incorporating income and expendltura
account.
Depreciation is charged so as to allocate the cost of tangible fixed assets les8 their residual valug
ovar thèii èstimatad usalul liv8s. on a straight linè and reducing balance basis.
Depreciatlon Is provlded on thg followln9 basgs..
Long4emi leasehold property
Plant and machlnery
Motor vehicles
Fixtures and )lttings
Office equipment
straight line over the lease term
20VD r8ducing balanc8
20% reducing balan
20Vo reducing balan
- 20% reducing balan
2.7 D•btors
Trade and other d&btors are r8cognSs8d at tha sèttlamant amount. Prepayments are value(l al the
amount prepaid.
2.8 Cash at bank and in hand
Cash at bank and in haThJ includes cash 8nd short-t8rm highly liquid investments with a short maturity
of Ihreg months or les5 from the dale of acquisition ￿ opening ol the deposit or similar account.
2.9 Llabllltl•$ and proYl$lon$
Liabilities are recognised when there is an obligation at the Balance sheet dale a8 a resu￿ of a past
8V8nt, it15 probable that a transfer of economic benefit wlll be requlred In sotdemenL and the amount
of the settknienl can be eslimaled ￿lIablY.
Llabllllies are recognised al the arnounl that the Charity an￿cIpate3 il wlll pay to Ih8 debt or the
amount it has r8caived as advanced pa￿entS for tha goods or sgrvices it musl provide.
Provisions are measured at the best estimate of the amounts required lo settle the obligation. Whère
the effect of th& tima valug of nK)n&y Is mat¢rial. the provision Is based on the present value of those
amounts, discounted al tre pre-tax discount rale that reflects the risk5 Speerfic to the liabilty. The
unbyinding of the discount is recognised in the Statement of financial octivities as a finance c08t.
Page 22

SHREWSBURY TOWN FOOTBALL CLUB FOUNDATION
IA c¢)mpany limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
Aceountlng pollelè• leontlnuedl
2.10 Flnan¢lal Instruments
The Charity only has financial assets and financtal liabilities of a kind that qualfy as ba3ic financial
instwrnenls. Basic financial instruments are initially recognised at transaction value and subsequent
measured at thèir settlèmènt valu8 ￿￿th the exception ol bank k)3ns which are sub$8quont
mèasured at amortised ¢xst using the effective interest method.
2.11 Flnanee18a$gs and hlro pur¢h8$•
Assets obtained under hire purchase contracts and financ8 1è8s8S are capitslised as tangible fixed
assets. Assets 8equirÈd by fin8nce18ase are depreciated over the shorter of the lease term and th8ir
USgful live5. Assets acquired by hire purchaso are depreaatBd over their useful INes. Finance leases
are those where substantialty all of th8 bènèfits and risks of ownership are assum￿ by th8 Charity.
Obligations under such agreements are included in creditors, net ol the finance charge albcated lo
fulure periods. The finance element of the rental paymgnt is charged to the Statement of finanaal
activities so as to produ(* a ctsnstant periodic rale of charge on the nel obligation o(tslandirvJ in each
period.
2.12 Opèrating leases
Ranta15 paid und8r opgrating lea59s are charged to the Statement of ffinancial actiwb'es on a straight
line basis over the lease temi.
2.13 Fund accounting
General fund$ are unrestricted funds which are available for use at the d¢screlion of the Tr￿￿teeS in
furtherance of the general objeclives of the Charity and which have not been designated for other
purposes.
Designated funds comprise unrestrieted funds that hav8 been sel aside by thè Trustees for particular
purposes. The aim and use of each designated fund is sel out in the note5 to the finan￿al
$t8lem8nts.
Rèstrictèd funds are funds which are lo be used in accordance wth speafic restrictions imposed by
donors or which have been raised by the Charity for particular purposes. The costs of raising and
administering such funds are charged against the specific lund. The aim and use of each rgstricled
fund is set ottt in the notes to the financial statements.
Page 23

SHREWSBURY TOWN FOOTBALL CLUB FOUNDATION
IA eompany Ilmlted by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDEO 31 AUGUST 2025
Crlll¢al o¢countlng estSmates and areas of ludgm8nt
In the application of the Ch8nWs a¢¢ounting policies. the trustees are required to make judgements.
estlmates and assurnplions about the caryng amounl of assets and liabilities that are readily apparent
from other sources. The estimates and associated assurnptions ar8 based on historical èxpèriance and
other factors that ar8 considèr&l to bo Tel&vant. Actual resutts may drffer from these estimates.
The estimates and underfying assumptions are review8d on 8n ongoing basis. R8V15iOnS to accounting
estimates ale re￿gnised in the period which the esb'rnate is revised where the revision affects onty that
period, or in the period of the revision and future periods where thè r9vision aifects both current and fulure
peiiods.
Critscal accounting estimates and assumptions..
The Charity makes estimates and assumptions conceming the future. The resutting accounting estimates
and assumptions wll, by definition, seldom equal the rtrlaltrd 8¢tual results. There are no esumates and
assumptions that have a significant risk ol causirrfJ a material adjuslmenl to the carrying amounts of
8ssels and liabilities within the next financial year.
Page 24

SHREWSBURY TOWN FOOTBALL CLUB FOUNDATION
{A company lirnlt•d by gu•rant••l
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENOED 31 AUGUST 2025
Incom• from dona￿on* and k9a¢￿s
Unr•str[Ct￿ R•strlct
fundi
lund¥
2025
2025
Total
fund$
2025
Total
fvnd$
2024
Grants
178,854
587,278
706.132
692,091
Tolal 2024
342.308
349,T83
692.091
Incom• from ¢harltabl• a¢tlvltl•$
Unr•strlctsd
funds
2025
Totsl
lund•
2025
Tot81
funds
2024
Education. heallh & wgllbging & football dovelopmenl
programme8
795,179
795.179
819.331
Total 2025
795.179
795.179
819,331
Tot812024
819,337
879,331
In¢omo from oth•r tradlng *ctfvltl
In¢om• from fundralslng ov•nts
Unrnitrfctsd
funds
2025
Total
fund•
2025
Total
funds
2024
Fundraising Income
31.577
31.577
16,324
Total 2024
16,324
16,324
Pago 25

SHREWSBURY TOWN FOOTBALL CLUB FOUNDATION
IA company Ilmlttd by guarantèè)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
Invèstment Sncomo
Unrestrlctsd
funds
2025
Total
funds
2025
Tot81
funds
2024
Bank Interest
2,150
2,150
1,680
Total 2024
1,680
1.680
Analysts of èxp•ndTrtur• on charitable activitie¥
Summary by lund typ•
Unreslrfcted Restrlct8d
funds
funds
2025
2025
Total
2025
Tol
2024
Education, heahh & wallbaing & foolball
dtsveloptnenl programmes
1,063,788
562.342
1,626.130
1,483.979
rot812024
1, 140,668
343,31t
1,483,979
Analysls of oxp•ndlturé by actlvltl•s
A¢tiviti?s
undertaken
dlr•ctly
2025
Support
costs
2025
Total
funds
2025
Total
funds
2024
Education, health & w8llb8ing & football
developtnenl programmes
1,143,731
482,399
1,626.130
7,483,979
Tol812024
1,095,395
388,584
1,483,979
Page 26

SHREWS8URY TOWN FOOTBALL CLU8 FOUNOATION
IA ¢omp•ny Ilmit•d by gu•rante¥)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
An1￿1* ol expendlture by aGttvltle• IGontlnued>
Analy•li ol dlr•ct ¢o•ts
Charlty
prograrnme
Totsl
fund8
202S
Total
funds
2024
2025
Staff Costs
Accommodatlon
Hire of Fa¢ilities
Hire of Services
Footballs, Equipment, Top8 & Prfz88
711,082
21,453
366,962
15.620
28.614
711,082
21,453
366,962
15,620
28,614
737,784
32.541
287.222
16.005
21,783
1.143,731
1.143.n1
1,095,395
Page 27

SHREWSBURY TOWN FOOTBALL CLUB FOUNDATION
IA ¢ompany Ilmit•d by guarnntsel
NOTES TO THE FIN*J4CIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
Anaty¥l8 of expondlture by actFvltt•• {contlnu•dl
An•ty¥l¥ of •upport ¢o•ts
Charrty
programm•
Total
nds
2025
Total
funds
2024
2025
Staff Costs
199,926
32,961
15,066
23.193
33,851
17.988
9,058
11,030
40,000
580
507
199,926
32.961
15.066
23.193
33.651
17.988
9,058
11.030
40.000
580
507
136.877
35.130
73.575
78,073
658
22,980
9,503
6.525
Depredafjon
Adv8rt18llVJ
Motof Exper￿e8
Acc4Jmmodalion
Sundry Expertses
Te18phc￿e
Stsff Trainlng an(1 HR
M8nagement F86
Bad Debt8
Postage
AccountanGy
Bank Charges ond Paypal F￿$
Rapalrs ond Renawals
Hlre of F8cllSlle8
Hlre of S8rvlces
IProfrt>Aoss on th8 Sal8 of Tangible Assets
Travel Hire Costs
Uniforrns
3,476
481
18, 102
24.894
8.302
10.000
9.478
541
16,714
13.535
20.472
25,e77
9.788
10.IX)O
6,220
5,785
8.071
14.228
20,472
25,877
9.788
10,IXIO
6.220
5.785
6.071
14226
482.399
482,399
388,584
Pag828

SHREWSBURY TOYIN FOOTBALL CLUB FOUNDATION
IA company Ilmli•d by guarant••l
NOTES TO THE FINANCIAL STATEMÉNTS
FOR THE YEAR ENDED 31 AUGUST 2025
10. N•t In¢omel{Expondltur•l
Thls 18 Staled after charging..
2025
2024
Depreciatlon of Tangiblg Fwl A8$0ts.'
-Ovmed by thg Charlty
Op8r8ting Laaso Payments
Auditor8, Remuneration- Audit
32.961
35,130
5,431
9. 150
10,000
42,961
49,711
11. Audltus. rnmunernt(on
2025
2024
F•es p8yabl¥ to Chaws audttor for th• audrt ofth• Charitys annual
a¢￿UnIS
8.300
7.600
Fees p8yabb to tha Ch8riVs auditor in respect of..
I nors-audil Servlces not Sncluded above
1,700
Paga 29

SHREbVSBURY TOWN FOOTBALL CLUB FOUNDATION
IA company limited by guarantee)
NOTES TO THE FINANCL4L STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
12. Staff costs
2025
2024
Wages and S818ries
Social Security Costs
Contribution to Defined Contribution Pension Schemes
821.207
75.502
14.299
797.875
63,541
13.045
911,008
874.461
The average number of persons amployad by th8 Charity durlng tha y8ar was as follows..
2025
No.
2024
No.
Average
48
The average headcount expressed as fvll-time equivalents wos..
2Q25
No.
2024
Full time equivalent
31
No employee received remuneration amounting to more than £60,000 in either year.
During the year. the total rèmuneratKJn lincluding employerfs pension) pai¢J lo the key management of the
¢h8rty was £88,36312024.. £83,767).
13. Trust￿. remuneratlon and •xp•ns88
During the year. one or more Trustees has been paid remuneration or has recewed othor beneffts from
an ern￿O￿ent Mlh the Charity. Lyn Towers is an employee of the Charity and was appointed as a
Trust•• In th• pr8vk)us y8ar. Thè valu8 of Trustees, r8rnunerafjon and othèr ￿nèfitS was as follows:
2025
2024
L Towers
Remuneration
Pension contributions paid
20.281
421
14, 167
293
During the ypar ended 31 August 2025. no Trustee expenses have been incurred (2024- £NIL).
Page 30

SHREWS8URY TOWN FOOTBALL CLU8 FOUNDATION
IA Company limited by guaranieel
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
14. Tangible fixed assets
Long4erni
leasehold
Plant &
property machinery
Motor
vehicles
Flxturès &
Offlce
fittings equlpm¢nt
Total
Co$t or valu•tlon
At 1 Sgplember 2024
Additions
825,265
29,303
30.129
13,137
28,789
926,623
598
598
{14.8241 125.1731
Disposa15
15,7141
14.6351
At 31 August 2025
825.265
23.589
30.129
8.502
14,563
902,048
Dopreclatlon
At 1 S6Ptemb*r 2024
Chargts for the year
On di$po$ais
37,040
21.852
16,439
3,086
(46921
6.026
4.821
7,S93
16,255
1,064
2,138
13,8311 110,8fj61
83,353
32,￿1
119,3891
At 31 August 2025
58.892
14.833
10.847
4.826
7,527
96.925
Net book value
At 31 August 2025
766.373
8,756
19.282
3,676
7,036
80S,123
At 31 August 2024
788,225
12,864
24, 103
5,544
12,534
843,270
Page 31

SHREIVS8URY TOWN FOOTBALL CLUB FOUNDATION
IA company Ilmlt•d by guarnntMI
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
15. D•blorn
2025
2024
Due wlthln on• y•ar
Trade debtors
Olher deblo
69,922
77,655
29,332
38,158
53,017
54,047
PrepayThent3 and accrued income
178,￿$
145.222
16. Cr•dftor¥: Amounts f•lllng due wlthln one year
2025
2024
Bank108ns
Trade credrtors
Other taxation and sorAal security
Obllgalion8 under finance lease and hlre purthase
0th8r creditors
AcLruals and daf8rred Income
8,318
66.767
25.321
3.818
20,468
14799
7.954
51,752
17.540
6.504
8,959
50,888
139.491
143,597
2025
2024
D¢fgrr8d Income at I September 2024
Resour¢e8 deferred during the year
Arnounls released from prevK)us pedods
35.171
5.763
135.171)
35,877
35,7TI
(35,8T7)
5,763
35.171
The monies included within d8f8fT8d Sncoma r91atO to In¢om9 r9¢9iVgd for gvonts taklng plac8 post y8ar
ond.
Page 32

SHREWSBURY TOWN FOOTBALL CLU8 FOUNDATION
IA Company Ilmltod by guarnntso)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
17. Cf•dltors: Amounts falllng duo aft•r mor• than on• y•ar
2025
2024
Bank loans
Net ob1NJat￿nS undgr finance tg0S0 and hlr& purcha$& contracts
153,460
11,665
161,634
14.000
165,125
175,634
Induded withln bank108ns Is a loan. provldad by NalSonal Wostsnlnsl¢r Bank Pk. Inl&rg81 1$ chargod al
3.2% plu$ tho bas8 rale and the balance 18 expected to be repaid in fijll by May 2037. The loan is secured
by a fixed and floatin9 charg8 ov8r th8 oSS8ts of th8 Charfty-
Tho aggregate amount of liabili118s payablo or repaya￿• wholly or In part morg than five yoar3 aftor the
reporting date is..
2025
2024
Payable or repayab[8 by instalmonts
108,887
122. 104
108.887
122. 104
Poge 33

SHREWSBURY TOWN FOOTBALL CLUB FOUNDATION
IA ¢omptny Ilmlt•d by guarant••}
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
18. Statom•nt of fund8
stst•m•nt of fundi. current y•ar
Balan¢• at 1
Septemhr
2024
Balanc• at
31 August
2025
Trnn*fers
Inlout
In¢omo Expondlturn
Unr•strlct•d funds
Deglgnat•d funds
Annual 8rte upgrade5 and
repalrs
Foundotlon 3G Pltch sIn￿n9
Fund
Ludlow Fac41ty Maintenance
17,692
{13.4951
4,197
75,000
4.925
25.000
(4.925}
100.000
97,617
6.580
104.197
G•norn1 fvnd•
General Fun¢J8
288.771
1.007.760 {1,063.7881
32,301
265,044
Total Unrostrfctod lund$
386,388
1,IX17.760 {1,063.7881
38,881
369,241
Page 34

SHREWSBURY TOWN FOOTBALL CLUB FOUNDATION
IA company limited by guarantee}
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
18. Statoment of funds IcontSnu4dl
Rostrlcted funds
DVVP Shropshire Youth Hub
EFL Skybel Fund
Garnechangers
ShropshI￿ Council CIL
Funding
Changing Rwms Footb811
Foundation
SkyBel Fund- Meadowside
Repairs
Changing Rooms Walker Trust
EFL Bu51ness Infraslruclure
Grant
DWP Back in the Game
Grass Pitch Ludlow IFoott)811
Foundation)
Energize Short Breaks
Premier League Primary Stars
PLCF Fan Eng898mgnt Fund
PL Klckz
UK Shared Prosperity Fund
Ernerging T81ent Centre
UK SPF- Meadowside Repairs
Lintel Trust Hardship Fund
4,884
10,000
121,194
1119,5821
6.296
110,0001
56,558
143,9151
12,843
239,822
13.2891
236,533
230,238
{13.49SI
216,743
20,041
(20,0411
4.605
12791
4,326
8,392
4,616
15.0091
13.7171
3,383
1899}
3,857
13.857)
16,6401
7.077
35.000
39.583
35.000
185.859
25.000
60.$05
14371
(34,5781
{27,2381
{35,0001
{185,8591
{25,000}
{60,SOS}
{1,461}
5,274
17.619
511,488
587.278
1562,342)
138.8811
497,543
Totsl of funds
897,876
1,59S.038 11.626.130)
866,784
Page 35

SHREWSBURY TOWN FOOTBALL CLUB FOUNDATION
IA Company Ilmltod by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
18. Ststem•nt olfund¥ Icontlnued}
Stat•m•nt af fund$. prlor year
8alance al
t September
2023
Balance al
31 August
2024
Transfers
Unrostrlcted funds
D•$lgnat•d funds
Annu81 sile upgrades and
repairs
Foundauon 3G P6tch Slnklng
Fund
New 8ulkllng
Leasehold Improvements
Shrewsbury Faalty
Molntenanc&
LLKllw Facllty M8inten8n¢e
17.692
17.692
50,000
85,752
6.057
25.000
(85.752)
{6.05T)
75.000
4.364
273
(4,364)
4.652
4,925
164,138
(66,521)
97,617
G•n•r&l fvnd¥
General Funds
186,033
1,179,643 (1.140,668)
63,763
288,771
Total Unr•strlct•d funds
350. 171
1.179.643 1f,t40,668)
(2,758)
386.388
Page 36

SHREWSBURY TOWN FOOTBALL CLUB FOUNDATION
cofflp*ny1Smlt•d by guarnnt••l
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
18. Statern•nt of funds Icontlnu•d)
R••trlct•d funds
DWP Shropshlre Youlh Hub
EFL Skybel Fund
Shropshire Counc41 CIL
Fundlng
Changln9 Room8 Football
Foundatton
Changing Rooms Walker Trust
EFL Buslness Infraslruclura
Grant
DWP Badt in the Game
Gra88 Pitch Ludkyw (Football
FoundatKJnl
Premler League Prlmary Stars
PLCF Fan Engagement Fund
PL lfjckz
UK Shared Prosperity Fund
Emerging Talent Centre
Llnt81 Trust MlnSbus
Other small grants
42,174
10.000
(34,ia8J
(3,302)
4,684
10,000
243,111
(3,289J
239.822
244. 188
4.884
(13,950)
(279)
230.238
4.605
10.000
(1.608)
8.392
4,616
4.616
3,737
9.600
35,000
10,417
35.000
160,432
25.000
(9,480J
(64,673)
f&143)
(30,822)
(160,432)
(32,999)
3.857
29,673
5,274
(4.178)
7,999
(5.000)
(4,976)
I,T22
7,160
(3,966)
502,258
349,783
{343,311)
2,758
511,488
T¢)tal of fund•
852,429
1,529.426 (t,483,9T9J
897.876
Paga 37

SHREWSBURY TOWN FOOTBALL CLUB FOUNDATION
IA Company Ilmltgd by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
18. Statement of fund¥ Icontlnu•dl
Designated Funds
Funds are designated for fvture upgrade and rapair works at all sitss malntsln8(I by tho Charity.
Unr8strletèd Fund$
Includes core running eosts and all prograrnme activty not funded by restricted rnonies.
Restri¢ted Funds
Edu¢>tion & Employability
DWP Shropshlr8 Youth Hub- programme helping young people to find employment.
DWP Back in the Game- fomier programme aimed at helping those out of employment back Into
the workforcè.
UK Shared Prosperity Fund- programme supporting young p8opl* to gèt work rèady.
Premier League Prirnary Stars- a national programme ulilising the national appeal ol the Prgmier
Leaguè and profÈssional football to inspire children to18am, be active, and d8velop important life
PL Kickz- a national programmts ulili$ing the power of football and the value of sports
participation lo develop young people in high-need areas.
Facilitlas, Ev8nts & Co
Shropshire Counal CIL Funding- funding from the Community Infrastnjcture Levy to support the
¢onslructs'on ofthe new 3G pitch and changing rooms.
Football Foundation- grants to support the Construction of the changing room building and for the
upkeep of the gr8SS Pitch al the Ludlow site.
Walker Trust- grant provided for changing room facilities.
EFL in the Community- grant 10 5UPPOrt k8y infrastructure needs.
PLCF Fan Engagement Fund- grant for the engag8m•nt with minority fan groups in tha
¢ornmunity.
EFL Skybet Fund- to support and engage with adults in the community through the rnedium of
football.
Lintel Trust- grant to supptsrt the pur¢h8se of a minibus.
Hardship Fund Lintel Trust (within other srnall grantsl- grant to supffi those Bffect by hardship in
the community to enable them to access the Foundation's programrnes.
F(x)tball & Participation
Emerging Talent Centre- FA grant which funds sessions to encourage 9ids to engage in football
training and matches.
Short Breaks (within other sm811 granlsl- sUPPOrting disability participants in Ihe community wrth
session8 designed to provide respite for parents and car8rs.
Hèalth & Wellbeing
Veteran Amed Forces Hub Iwilhin other small grantsl- used to create a"Military Hub. to allow
veterans to reminisce, share storias and accèss the sèrvietts on offer.
Page 38

SHREWS8URY TOWN FOOTBALL CLUB FOUNDATION
IA company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
19. Summary offunds
Summary of funds . current year
Balane8 at 1
S8Ptember
2024
Balanco at
31 August
2025
Transfers
inlout
Income Expendlture
Designated funds
General funds
97,617
288,771
S11.488
6.580
32,301
138.8811
104.197
265,044
497,543
1,007.760 (1,063.7881
S87.278
1562,3421
Restricted fvnds
897,876
1,595,038 11,626,130)
866,784
Summary of funds . prlor year
Balance at
I Septembér
2023
Balance al
31 August
2024
Tr&nsf&rs
in/out
Income Expenditure
Destgnated funds
General funds
Restricted funds
164, 138
186,033
502.258
(66,521)
63.763
2.758
97.617
288,771
511.488
1.179,643 (7,140,668)
349,783
{343,311)
852,429
1,529.426 (1,483,979)
897.876
20.
Analys1$ of net assets between funds
Analysls of nèt assets between funds. current yoar
Unr•8trlctèd R&strlet•d
funds
funds
2025
2025
Totsl
funds
2025
Tangible fixed assets
Current assets
Cledilors dué within one year
Creditors due in more than one year
88,234
716,889
805,123
388,652
122.3751
366,277
195.9801
143,5111 1139.491}
111,6651 1153.4601 1165,1251
Totsl
369.241
497,543
866,784
Pag& 39

SHREWSBURY TOWN FOOTBALL CLUB FOUNDATION
IA company limit¢d by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
20. Analysls of net a¥3ets between funds (continued}
Analysls of net ass•ts ￿twe0n fund$ - prior year
Unro$tricted
funds
2024
Restncted
funds
2024
Total
funds
2024
T8ngibl8 fixed 838ets
Current assets
Creditor5 due within one year
Creditor5 due in mc*re than one yeBr
203,622
639,648
843,270
332,409
41,428
373,837
(135,643)
(7,954)
(143,597)
{14,000) (761,634) (175,634)
Total
386,388
517,468
897,876
21. Reconclllatlon of nat movom¢nt In lund¥ to net cash flow from operafjng activitles
2025
2024
Nel incomelexpenditure for tha year las p8r Statgrnenl of Financial
Aetivltiesl
131,0921
45,447
Ad)uslment8 for:
Depreckition charges
DNidends, interests and rents from inv8Stm8nts
Decreasellincreasèl in dèbt¢)
Decrease in creditors
32,961
{2,150)
131,687)
18,955)
35, 130
(1,680)
50,402
f61. 733J
Net cash provlded byl1u￿d Inl operatlng actlvltl•s
140.9231
68, 166
22. Analysls of cash and ¢a$h oqulval¢nts
202S
2024
Cash in hand
189,368
228,615
Total cash and cash equlval8nts
189,368
228,615
Pagg 40

SHREWSBURY TOWN FOOTBALL CLU8 FOUNDATION
IA ¢ompany limited by guarante•l
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
23. Analysh of thang•4 In net debt
S•pt•mb•r
At31
2024 Cash Ilows Augu•t 2025
Cash at bank and In hand
Debt due wNhln 1 year
Debt due after 1
Flnance b8888
228,615
(7,9541
1161,$341
{20,5041
{39.24n
1364)
8,174
5,021
189,368
{8,3181
1153A801
115A831
38,523
12e.416)
12.107
Contlng•nt Il•bllltl•$
The assets of the Charity are ptedged as securfty with The Football Foundation, as part of thelr facllllles
agreement with AFC Ludlow.
25. Oporatlng lea•• commIth￿nts
At 31 August 2025 th$ Charfty had ¢ommttments to m?ke luiure mlnlmum LI¥￿ payrn&nts Ltnder rK*n-
cancellable op8r8ting lease8 as folkn¥s'.
2025
2024
Nol18terthan l year
Later than 1 year and not latsr than 5 years
3.906
11.719
15,625
Page 41

SHREWSBURY TO%VN FOOTBALL CLUB FOUNDATION
IA company Ilmlted by guarant8•1
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
26. R•latsd party transactions
During the year Throgmorton Associatès Wèath Management Ltd, in which 8 Tnjslee Is a dlractor. paSd
£nil12024.. £2,200 to the Chartyfor Gala Dinner tickets and auction prizes).
During tha yBar Shropshlrè Homgs Ltd, in which a Trustee Is 8 director, paid £nil12024.. £1.800 to th•
Ch8rity for Gala Dinner tsckets and aucb'on piizesl.
Dufing the year Dyke Yaxloy. in which 8 Trustee is a director, paid £nil12024.' £7001 lo the Charfty for
Gala Dinner tirJ(ets. The Charity incurred expenditure of £nil12024'. £4661 to Oyke Yaxley for the
provision of professional services.
During the ￿Par Shrewsbury Town Football Club, in which a Tnjstee during ihe year was the Chief
Executive Officer. spent £46,64412024= £28,972) with tho Charty oll facilty hire and rech8rges. Thfy
Charity incurred expendrture of £111,09012024.' £140,484) lo Shrewsbury Town Football Club for the
provision of professional services, hire of facilitifrs and a k>ng t8rm18ase on a new building for the Charity.
At 31 August 2025 balano8s outstanding owing from the Club were £6,26912024.' £5,333>, and owed to
the Club were £10512024.. £nill.
In &Jdillon lo the above the Charity also has leases in pL2ce with Shrewsbury Town Football Club..
Lease 1- For the Foundation Offices Iformedy the Shropshire FA Building), the lease is for 74 years from
29 April 2022 and £250,000 was paid by the Foundation to the Club with the lease prowding for a
peppercom iant.
Lease 2- For the Media & Training Suite. leasè is for 52 years from 7 February 2022 and £53,000
was paid by the Found81ion lo the Club wth the lease providing for a peppercom rent.
Ouring the year The Llntel Trust, in whl¢h a Trustee 15 a director, awarded a gfanl of £26,77812024'.
£52,000) to th8 Charity.
During the year Shrew3bury Town Women's Team, in which a Tnjslee is a director, spent £7.72512024.'
£9,8171 with the Charity on facility hire and team kit. An amount of £1,050 was dua at the year-end.
Page 42