## ## |||Page|| |---|---|---|---| |Report ofthe Trustees|I|to|9| |Report ofthe Independent
Auditors|10|to|12| |Statement ofFinancial Activities||13|| |Balance Sheet||14|| |Cash Flow Statemeot|||| |Notes to the Cash Flow Statement||16|| |Notes to the Financial Statements|17|to|28| |Detailed Statement ofFinancial Activities|29|to|30| ## ## ## ## ## ## ## ## ## ## ## ## ## ## |Programme
Education,|Programme
Education,|area
Training|JkExperience|Project
PLInspires||||Est unique participants
863| |---|---|---|---|---|---|---|---|---| |||||Social Mobility
/|Game On|||40| |||||Chances||||90| |Targeted interventions||||Divert||||120| |||||Breaking the Cycle||||66| |||||Young Londoners||||145| |||||Advantage||||8| |National|Citizenship||Service (NCS)|Summer||||250| |||||Autumn||||105| |||||School NCS Delivery||||100| |Football|Development|||Weekend||||16| |||||Soccer Schools (holiday courses)||||1279| |||||Player Development||Centre||920| |||||Girls (holiday courses)||||170| |||||Roehampton
USA students||||13| |||||Roehampton
UK based|||students|56| |||||College academies||||87| |||||Barracudas||||69| |Primary|Schools|||PL Primary
Stars||||7,086| |||||PL/PFA Team Mates||||138| |||||Stepping
Stones||||73| |||||Other school activities|||(eg after school)|255| |||||Wildcats||||181| |Community||Engagement||PL Kicks "core"||||963| |||||PL Kicks Women|and||Girls|342| |||||Ref'ugee activities||||41| |||||Asian engagement|(Get Involved)|||381| |||||Women's
Walking|Football|||27| |||||Women's
Recreational|||Football|22| |||||Men's Walking Football||||27| |||||Extra Time||||28| |||||Active at Selhurst||||74| |||||Fitter Fans||||94| |Disability football||||Disability
football||||463| |||||Football for Health||||12| |Holiday food dt activity||||Croydon HAF||||224| |||||Brom1ey HAF||||292| |||||GRAND TOTAL||||15,120| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||||2022|2021| |---|---|---|---|---|---|---| |||Unrestricted|Designated|Restricted|Total|Total| |||fund|funds|funds|funds|funds| ||Notes||||8|| |INCOME AND||||||| |ENDOWMENTS FROM||||||| |Donations,
legacies and other||||||| |operating
income|3|341,503|||341,503|529,112| |Charitable
activities||||||| |Sports Development
Community
Projects
Fundraising
Supporter Engagement||538,110
314,612|4,043|382,614
980,847
24,999|920,724
984,890
314,612
24,999|683,744
582,883
400,417
25,000| |Investment
income||150|||150|46| |Total||1,194,375|4,043|1,388,460|2,586,878|2,221,202| |EXPENDITURE ON||||||| |Charitable
activities|6|||||| |Sports Development
Community
Projects
Fundraising
Supporter
Engagement||572,390
150,024|14,642|480,189
1,181,627
24,999|1,052,579
1,196,269
150,024
24,999|903,500
1,011,504
76,472
25,066| |Total||722,414|14,642|1,686,815|2,423,871|2,016,542| |NET||||||| |INCOME/(EXPENDITURE)||471,961|(10,599)|(298,355)|163,007|204,660| |Transfers between funds|16|~469,487)|200,000|269,487||| |Net movement
in funds||2,474|189,401|(28,868)|163,007|204,660| |RECONCILIATION
OF||||||| |FUNDS||||||| |Total funds brought forward||577,150|100,000|28,868|706,018|501,358| |TOTAL FUNDS CARRIED||||||| |FORWARD||579,624|289,401||869,025|706,018| ## |||||||2022|2021| |---|---|---|---|---|---|---|---| ||||Ullfestflctl:d|Designated|Restricted|Total|Total| |FIXEDASSETS||Notes|fund
f,|funds
f|funds
f|funds|funds| |Intangible
assam
Tangible assets||12
13|3,761
51,577|||3,761
51,577|5,256
44.829| ||||55.338|||55,338|50,085| |CURRENT ASSETS|||||||| |Debtors
Cash at bank and in hand||14|93,373
976,339|289,401||93,373
1,265,740|44,646
1,033,337| ||||1,069,712|289,401||1,359.113|1,077,983| |CREDITORS|||||||| |Amounts
falling duc within|one||||||| |year
NET~ASSETS||15|(545,426)
524,286|289,401||(545.426)
813,687|(422,050)
655.933| |TOTAL ASSETSLESS|||||||| |CURRENT LIABILITIES|||579,624|289,401||869,025|706,018| |NETASSETS|||579,624|289401||869,025|706.018| |FUNDS||16|||||| |Ltnrestricted
funds:|||||||| |General fund
Designated
fund||||||579,624
289,401|577,150
100,000| |||||||869.025|677,150| |Rcstrictcd funds|||||||28,868| |TOTAL FUNDS||||||869.025|706,018| ## |||||Cash Flow Statement||| |---|---|---|---|---|---|---| |||||for the year ended 30June|2022|| ||||||2022|2021| |||||Notes||| |Cash flows from operating|activities|||||| |Cash generated
from operations|||||254,631|251,374| |Net cash provided
by operating||activities|||254,631|251,374| |Cash flows &om investing
Purchase oftangible
fixed|activities
assets||||22,228|~4,619)| |Net cash used in investing|activities||||~22,228)|~4,619)| |Change in cash and cash equivalents|||in the|||| |reporting
period
Cash and cash equivalents|at the|beginning|||232,403|246,755| |ofthe reporting
period|||||1,033,337|786,582| |Cash and cash equivalents|at the|end|ofthe|||| |reporting
period|||||1,265,740|1,033,337| ## ## ## ||||||2022|2021I| |---|---|---|---|---|---|---| ||Net income|for the|reporting|period (as per the Statement ofFinancial||| ||Activities)
Adjustments|for:|||163,007|204,660| ||Depreciation
charges
(increase)/decrease
in debtors
Increase/(decrease)
in creditors||||16,976
(48,727)
123,375|22,579
115,363
~91,228)| ||Net cash provided||by operations||254,631|251,374| |2.|ANALYSIS|OF CHANGES||INNET FUNDS||| |||||At 1.7.21|Cash flow|At 30.6.22| |||||||I| ||Net cash|||1,033,337|232 403|1,265,740| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||2022|2021| |---|---|---|---|---|---| |Donations
Coronavirus
Grants|Job|Retention|Scheme|91,140
250,363|87,634
187,617
253,861| |||||341,503|529,112| ## |||2022|2021| |---|---|---|---| |Premier League Charitable|Fund|233,001|230,000| |Other grants||17,362|23,861| |||250,363|253,861| |INVES~ INCOME|||| |||2022|2021| |Interest received||150|46| ## ## |INCOME F|ROM CHARITABLE ACTIVITIES||| |---|---|---|---| |||2022|2021| |Sports Development
Community
Projects
Fundraising
income (unrestricted)
Fundraising
income (restricted)||920,724
984,890
314,612
24,999|683,744
582,883
400,417
25,000| |||2,245,225|1,692,044| ## ## |CHARITA|BLE ACTIVITIES COSTS|||| |---|---|---|---|---| ||||Support|| |||Direct|costs (see|| |||Costs|note 7)|Totals| |Sports Development
Community
Projects
Fundraising
Supporter Engagement||792,109
836,673
150,024
22,622|260,470
359,596
2,377|1,052,579
1,196,269
150,024
24,999| |||1,801,428|622,443|2,423,871| ## ||||Governance|| |---|---|---|---|---| |||Management|costs|Totals| |Sports Development
Community
Projects
Supporter Engagement||256,706
353,997
2,340|3,764
5,599
37|g
260,470
359,596
2,377| |||613,043|9,400|622,443| ## ## |||2022|2021| |---|---|---|---| |Auditors'
remuneration
Depreciation
- owned
Website development|assets
costs amortisation|9,400
15,480
1,495|9,613
20,490
2,089| ## ## ## ## ## |There were no trustee
STAFF COSTS|s'
expenses paid for t|he year ended 30June 2022 nor for|the year ended 30|June 2021.| |---|---|---|---|---| ||||2022|2021| |Wages and salaries
Social security costs
Other pension costs|||1,646,962
144,708
31,757|1,530,672
125,911
29,501| ||||1,823,427|1,686,084| |The average monthly|number ofemployees|during the year was as follows:||| ||||2022|2021| |Management
&Administration|||44|42| |Coaching|||47|46| ||||91|88| |f70,001
f80,001|-
-|$80,000
690,000|2022|2021
I| |---|---|---|---|---| ## ## ## |COMPARATIVES FORTHESTA~|OFFINANCIAL A|CTIVITIES||| |---|---|---|---|---| ||Unrestricted|Designated|Restricted|Total| ||fund|funds|funds|funds| ||6|||| |INCOME AND ENDOWMENTS FROM||||| |Donations,
legacies and other operating||||| |income|341,497||187,615|529,112| |Charitable
activities||||| |Sports Development
Community
Projects
Fundraising
Supporter
Engagement|280,820
400,417||402,924
582,883
25,000|683,744
582,883
400,417
25,000| |Investment
income||||46| |Total|1,022,780||1,198,422|2,221,202| |EXPENDITURE ON||||| |Charitable
activities||||| |Sports Development
Community
Projects
Fundraising
Supporter
Engagement|359,788
76,643
76,472
102||543,712
934,861
24,964|903,500
1,011,504
76,472
25,066| |Total|513,005||1 503 537|2 016542| |NET INCOME/(EXPENDITURE)|509,775||(305,115)|204,660| |Transfers between funds|~405,115)|100,000|305,115|| |Net movement
in funds|104,660|100,000||204,660| |RECONCILIATION
OFFUNDS||||| |Total funds brought forward|472,490||28,868|501,358| |TOTAL FUNDS CARRIED FORWARD|577,152|100,000|28,866|706,018| ## ## |INTANGIBLE FIXEDASSETS|||| |---|---|---|---| ||||Website| ||||development| ||||costs| |COST|||6| |At 1 July 2021 and 30 June 2022|||11,160| |AMORTISATION|||| |At I July 2021
Charge for year|||5,904
1,495| |At 30 June 2022|||7,399| |NETBOOK VALUE|||| |At 30 June 2022|||3,761| |At 30 June 2021|||5,256| |TANGIBLE FIXEDASSETS|||| |||Fixtures|| ||Plant and|and|| ||machinery|fittings|Totals| |COST||6|6| |At 1 July 2021
Additions|64,517
22,228|20,630|85,147
22,228| |At 30 June 2022|86,745|20,630|107,375| |DEPRECIATION|||| |At 1 July 2021
Charge for year|34,598
12,757|5,720
2,723|40,318
15,480| |At 30 June 2022|47,355|8,443|55,798| |NET BOOK VALUE|||| |At 30 June 2022|39,390|12,187|51,577| |At 30 June 2021|29,919|14,910|44,829| ## ## ## |14.|DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR||| |---|---|---|---| |||2022|2021| ||Trade debtors
Prepayments
and accrued income|43,983
49,390|33,112
11,534| |||93,373|44,646| |15.|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR||| |||2022|2021| ||Trade creditors
Social security
and other taxes
Other creditors
Deferred income
Accrued expenses|40,830
42,029
29,883
339,492
93,192|16,284
2,925
23,555
336,773
42,513| |||545,426|422,050| ## ## ||||Net|Transfers|| |---|---|---|---|---|---| ||||movement|between|At| |||At 1.7.21|in funds|funds|30.6.22| |Unrestricted
funds|||||| |General fund||577,150|471,961|(469,487)|579,624| |Designated
fund||100,000|~10,599)|200,000|289,401| |Restricted funds||677,150|461,362|(269,487)|869,025| |Community
engagement|-general|23,225|(152,514)|129,289|| |Disability
Women &girls football|||(12,221)
(13,242)|12,221
13,242|| |Primary schools|||(52,877)|52,877|| |Football courses
Employment
&resilience||5,643|(19,235)
(14,436)|13,592
14,436|| |Targeted intervention
Family Health
and Wellbeing|||(25,651)
~8,179)|25,651
8,179|| |||28,868|298,355|269,487|| |TOTAL FUNDS||706,018|163,007||869,025| |Net movement
in funds, included||in the above are as follows:|||| ||||incoming|Resources|Movement| ||||resources|expended|in funds| |Unrestricted
funds|||||| |General fund
Designated
fund|||1,194,375
4,043|(722,414)
~14,642)|471,961
~10,599)| |Restricted funds|||1,198,418|(737,056)|461,362| |Community
engagement
- general
Disability
Women &girls football
Primary schools
Football courses
Employment
&resilience
Targeted
intervention
Supporter
engagement
Family Health and Wellbeing|||574,067
60,000
65,012
252,365
5,237
184,548
148,362
24,999
73,870|(726,581)
(72,221)
(78,254)
(305,242)
(24,472)
(198,984)
(174,013)
(24,999)
~82,049)|(152,514)
(12,221)
(13,242)
(52,877)
(19,235)
(14,436)
(25,651)
~8,179)| ||||1,388,460|1,686,815|298,355| |TOTAL FUNDS|||2,586,878|~2,423,871)|163,007| ## ## ## |||||Net|Transfers|| |---|---|---|---|---|---|---| |||||movement|between|At| ||||At 1.7.20|in funds|funds|30.6.21| ||||6|||| |Unrestricted
funds||||||| |General fund
Designated
fund|||472,490|509,775|(405,115)
100,000|577,150
100,000| |Restricted funds|||472,490|509,775|(305,115)|677,150| |Community
engagement
Community
engagement
Disability
Women &girls football|- general
—ages 10to 24||23,225|(96,486)
(1,240)
(18,629)
(12,957)|96,486
1,240
18,629
12,957|23,225| |Primary schools||||(80,821)|80,821|| |Football courses
Health
Employment
&resilience|||5,643|(7,985)
(7,897)
(34,120)|7,985
7,897
34,120|5,643| |Targeted
intervention||||(25,575)|25,575|| |Supporter
engagement||||(110)|110|| |Family Health
and Wellbeing||||~19,295)|19,295|| ||||28,868|305,115|305,115|28,868| |TOTAL FUNDS|||501,358|204,660||706,018| |Comparative
net movement||in funds, included|in the above are as follows:|||| |||||Incoming|Resources|Movement| |||||resources|expended|in funds| |Unrestricted
funds||||||g| |General fund||||1,022,780|(513,005)|509,775| |Restricted
funds||||||| |Community
engagement
Community
engagement
Disability
Women &girls football
Primary
schools
Football courses
Health
Employment
&resilience
Targeted
intervention
Coronavirus
Job Retention|—general
-ages 10to 24
Scheme|||301,215
4,000
63,199
45,549
268,824
25,350
7,890
113,183
103,677
187,617|(397,701)
(5,240)
(81,828)
(58,506)
(349,645)
(33335)
(15,787)
(147,303)
(129,252)
(187,617)|(96,486)
(1,240)
(18,629)
(12,957)
(80,821)
(7,985)
(7,897)
(34,120)
(25,575)| |Supporter
engagement
Family Health
and Wellbeing||||25,000
52,918|(25,110)
~72,213)|(110)
~19,295)| |||||1,198,422|1,503,537|305,115| |TOTAL FUNDS||||2,221,202|~2,016,542)|204,660| ## ## ## ## ## ## ## ## ## ||PALACE FORLIFEFOUNDATION||| |---|---|---|---| ||Detailed Statement ofFinancial Activities||| ||for the year ended 30June 2022||| |||2022|2021| |INCOME AND ENDOWMENTS|||| |Donations,
legacies and other operating|income||| |Donations
Grants||91,140
250,363|87,634
441,478| |||341,503|529,112| |Investment
income|||| |Interest received||150|46| |Charitable
activities|||| |Sports Development
Community
Projects
Fundraising
income||920,724
984,890
339,611|738,016
582,883
326,825| |||2,245,225|1,692,044| |Total incoming resources||2,586,878|2,221,202| |Charitable
activities|||| |Wages
Social security
Pensions
Direct costs||1,247,216
109,585
24,049
420,578|1,078,587
89,154
20,871
209,977| |||1,801,428|1,398,589| |Supportcosts|||| |Management|||| |Wages
Social security
Pensions
Insurance
Telephone
Postage and stationery
Sundries
Travelling
Entertaining
Computer
expenses
Cleaning
Professional
fees
Bank charges
Advertising||399,746
35,123
7,708
7,7]8
20,231
4,975
8,559
1,970
2,671
27,534
3,772
54,686
1,704
970|452,085
36,757
8,630
659
19,306
1,101
8,548
361
4,125
18,848
4,249
29,414
1,233
445| |Bad debts||18,700|| |Computer
soAware
Depreciation||1,495
15,481|2,089
20,490| |||613,043|608,340| ## |||PALACE FORLIFEFOUNDATION||| |---|---|---|---|---| |||Detailed Statement ofFinancial Activities||| |||for the year ended 30June 2022||| ||||2022|2021| |Management||||| |Governance|costs|||| |Auditors'
remuneration|||9,400|9,613| |Total resources expended|||2,423,871|2,016,542| |Net income|||163,007|204,660|