##
||||Page|
|---|---|---|---|
|Report ofthe Trustees|||1 to 7|
|Report ofthe Independent||Auditors|8to 9|
|Statement
of Financial|Activities||10|
|Balance Sheet||||
|Cash Flow Statement|||12|
|Notes to the Financial|Statements||13to 27|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|
|||||funds|funds|2020|2019|
||||Notes|E|F||6|
|INCOME FROM||||||||
|Donations
and legacies|||5|254,754|188,619|443,373|252,353|
|Charitable
activities||||||||
|Sports and education|||6|1,507,866|644,524|2,152,390|1,915,446|
|Other trading
activities||||||||
|Other trading
activities||||||||
|Investment
income||||76,910||76,910|117|
|Commercial
trading|operations|||56,287||56,287|71,093|
|Investment
income||||||||
|Total||||1,895,817|833,143|2,728,960|2,239,009|
|EXPENDITURE ON||||||||
|Raising funds||||||||
|Commercial
trading|operations|||27,015||27,015|21,690|
|Charitable
activities||||||||
|Sports and education|||7|1,340,888|837,004|2,177,892|2,112,195|
|Total||||1,367,903|837,004|2,204,907|2,133,885|
|Net income/(expenditure)||||527,914|(3,861)|524,053|105,124|
|Transfers
between|funds||20|||||
|Taxation (trading subsidiary||only)|10|||||
|Net movement
in funds||||527,914|(3,861)|524,053|105,124|
|RECONCILIATION|OF FUNDS|||||||
|Total funds brought
forward||||299,747|35,174|334,921|229,797|
|TOTAL FUNDS CARRIED FORWARD||||827,661|31,313|858,974|334,921|
##
||||Group|Group|Charity|Charity|
|---|---|---|---|---|---|---|
||||2020|2019|2020|2019|
|||Notes|F|6|E|f|
|FIXEDASSETS|||||||
|Tangible assets||14|391,831|128,428|388,045|121,649|
|Investments||15|||1|1|
||||391,831|128,428|388,046|121,650|
|CURRENT ASSETS|||||||
|Debtors||16|151,725|306,961|230,913|344,636|
|Cash at bank and|in hand||928,243|587,258|850,252|554,194|
||||1,079,968|894,219|1,081,165|898,830|
|CREDITORS|||||||
|Amounts
falling due within one year||17|(385,275)|(687,726)|(383,041)|(685,913)|
|NET CURRENT ASSETS|||694,693|206,493|698,124|212,917|
|TOTAL ASSETS|LESS CURRENT||||||
|LIABILITIES|||1,086,524|334,921|1,086,170|334,567|
|CREDITORS|||||||
|Amounts
falling due in more than one|||||||
|year||18|(227,550)||(227,550)||
|NET ASSETS|||858,974|334,921|858,620|334,567|
|FUNDS|||||||
|Restricted
funds||21|31,313|35,174|47,413|48,774|
|Unrestricted
funds||21|827,661|299,747|811,207|285,793|
|TOTAL FUNDS|||858,974|334,921|858,620|334,567|
##
##
||||||Group|Group|Charity|Charity|
|---|---|---|---|---|---|---|---|---|
||||||2020|2019|2020|2019|
|||||Notes|6|E|5|6|
|Cash flows from operating|||activities||||||
|Cash generated|from operations|||27|614,442|68,399|569,515|49,651|
||||||614,442|68,399|569,515|49,651|
|Cash flows from investing|||activities||||||
|Interest received|||||76,910|117|76,910|117|
|Purchase
oftangible
fixed assets|||||(350,367)|(31,678)|(350,367)|(27,858)|
|Cash provided|by (used in)||investing|activities|(273,457)|(31,561)|(273,457)|(27,741)|
|Change
in cash|and cash equivalents|||in the|||||
|reporting
period|||||340,985|36,838|296,058|21,910|
|Cash and cash|equivalents|at the beginning|||||||
|ofthe reporting|period||||587,258|550,420|554,194|532,284|
|Total cash at the end ofthe year|||||928,243|587,258|850,252|554,194|
|ANALYSIS OF|CHANGES|IN NET (DEBT)/FUNDS|||||||
|||||||At 01.6.19|Cash flow|At 31.8.20|
|||||||f|6|5|
|Net cash|||||||||
|Cash at bank||||||587,258|340,985|928,243|
|||||||587,258|340,985|928,243|
|Debt|||||||||
|Debts falling due after 1 year|||||||(227,550)|(227,550)|
||||||||(227,550)|(227,550)|
|Total||||||587,258|113,435|700,693|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|A summary|ofthe|f|inancial
acti|vities undertaken
by the ch|arity is set out below:||
|---|---|---|---|---|---|---|
||||||2020|2019|
|Total incoming
resources|||||2,701,945|2,217,319|
|Total expenditure||on charitable||activities|(2,177,892)|(2, 1 12,195)|
|Net outgoing|resources||||524,053|105,124|
|Total funds|brought||forward||334,567|229,443|
|Total funds|carried||forward||858,620|334,567|
|Represented|by:||||||
|Restricted funds|||||47,413|48,774|
|Unrestricted|funds||||811,207|285,793|
||||||858,620|334,567|
##
|stadium
tours.
Company
Limited|The following
for the period|is an extra
ended 31|ct of the financial
August 2020:|statements
of Pompey
Found|ation
Trading|
|---|---|---|---|---|---|
|||||2020|2019|
|Turnover||||56,287|71,093|
|Cost ofsales and administrative||expenses||(27,015)|(21,690)|
|Profit before tax||||29,272|49,403|
|Corporation
tax (see note 10)||||||
|Profit after tax||||29,272|49,403|
|Profits distributed|to the charity|||(29,272)|(49,403)|
|Retained
in subsidiary||||||
|The assets and liabilities ofthe||subsidiary|were:|||
|Fixed assets||||3,786|6,779|
|Current assets||||78,888|33,943|
|Current
liabilities||||(82,318)|(40,366)|
|Net assets||||355|356|
|Aggregate share|capital and reserves|||356|356|
##
##
##
|DONATIONS|AND LEGACIES|||
|---|---|---|---|
|||2020|2019|
|||F||
|Donations||169,503|216,553|
|Donated goods and services||41,775|35,800|
|Grants||232,095||
|||443,373|252,353|
##
##
||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
||||funds|funds|2020|2019|
||||F|6|F|F|
|Skill training centres|||39,622|561|40,183|48,552|
|Advanced
training|centres||20,572||20,572|25,682|
|After school clubs|||104,621|(16)|104,605|123,119|
|Holiday courses|||98,793||98,793|105,071|
|Other courses and|coaching income||129,408|(1,106)|128,302|243,016|
|Primary School Sports||||87,500|87,500|70,000|
|South West Trains||||||5,350|
|Southern
Water||||2,824|2,824|15,298|
|Premier League Kicks||||169,500|169,500|89,300|
|Health trainer|||12,524||12,524|30,094|
|No Limits CIN||||10,325|10,325|41,300|
|National
Citizen Service|||756,786||756,786|637,098|
|Positive Activities||||41,135|41,135||
|FA Women and Girls||||10,417|10,417|22,024|
|Pompey Power Chair||||2,025|2,025|7,575|
|Portsmouth
Amputee||Irwin Mitchell||1,218|1,218|207|
|IOW Degree Programme||||26,400|26,400|24,000|
|Spirit of Rugby||||4,900|4,900|(4,900)|
|Kinder Sport Move|8 Learn|||33,700|33,700|17,073|
|Sub Total Carried|Forward||1,162,326|389,383|1,551,709|1,499,859|
##
##
|||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|
|||funds|funds|2020|2019|
|||E|F|E|6|
|Sub Total Brought Forward||1,162,326|389,383|1,551,709|1,499,859|
|Junior Premier League||85,296||85,296|91,280|
|Your Fratton|||4,250|4,250|17,000|
|Wheels 4 All|||500|500|2,686|
|Post 16Education||209,397||209,397|115,066|
|Quality
Improvement
Fund||32,500||32,500|12,535|
|Grow The Game Income|||1,100|1,100|4,300|
|Challenge
Pompey - Sport England|||39,506|39,506|39,037|
|Building a stronger
Britain|||||30,880|
|Safer communities
Fund|||21,947|21,947|24,166|
|FA - Respect Fund|||||4,412|
|Wild cats|||||450|
|Kicks Start Volunteer|||5,000|5,000|15,000|
|Network
Rail|||6,375|6,375|1,875|
|Community
integrated|care||333|333|4,167|
|Energise Me|||4,000|4,000|1,000|
|Play Upcycle Pompey|||(167)|(167)||
|TAWS - Motiv8|||5,017|5,017||
|Academy
Education -|LFE||19,584|19,584||
|Football Fans In Training - EFL|||3,415|3,415||
|PAN disability - Adults||54||54||
|Every Player Counts -|WNST||10,000|10,000||
|Landsec/Gunwharf|||2,145|2,145||
|PCC - For Re:Fit|||24,166|24,166||
|Covid 19 —Emergency|Cover|1,949|72,917|74,866||
|PL Pompey Fans' Ambassador|||1,780|1,780||
|EFL Infrastructure|||8,000|8,000||
|Tackling
Loneliness Together|||6,000|6,000||
|Miscellanous
fees and|income|16,344|19,273|35,617|51,733|
|||1,507,866|644,524|2,152,390|1,915,446|
##
##
##
|CHARITABLE ACT|IV|ITIES|COS|TS|||||
|---|---|---|---|---|---|---|---|---|
|||||||Support|||
||||||Direct|costs|Total|Total|
||||||expenditure|(see note 8)|2020|2019|
||||||6|F|6|8|
|Sports and education|||||||||
|Wages and salaries|||||1,216,060|10,966|1,227,026|1,090,735|
|Subcontractors
and|consultants||||15,659|1,706|17,365|33,807|
|Venue hire|||||110,056||110,056|144,245|
|Sports equipment|||||9,272|588|9,860|39,351|
|Tickets and kits from Portsmouth||||FC|12,075||12,075|16,100|
|Intellectual
and commercial|||rights|from|||||
|Portsmouth
FC||||||7,000|7,000|7,000|
|Legal costs (paid by Portsmouth||||FC)||13,000|13,000||
|Player appearance|costs||||2,500||2,500|2,500|
|Other course costs|||||383,538|5,187|388,725|340,461|
|Motor vehicle hire and||expenses|||57,341|18,013|75,354|67,851|
|Office equipment
hire||and maintenance|||748|25,947|26,695|31,264|
|Printing,
postage and||stationery|||6,246|14,828|21,074|22,879|
|Telephone|||||7,845|12,944|20,789|19,175|
|Travel and subsistence|||||37,031|825|37,856|64,967|
|Legal and professional||fees|||1,701|17,087|18,788|24,141|
|Premises expenses|||||1,889|64,700|66,589|70,239|
|Staff and volunteer|training||||1,204|350|1,554|4,967|
|Publicity and marketing|||||4,151|7,064|11,215|23,918|
|Keyfort|||||24,300||24,300|22,014|
|Sundry expenses|||||918|3,728|4,646|4,203|
|Bank and credit card charges|||||5,512|5,179|10,691|15,224|
|Bad debts|||||(1,758)|(7,352)|(9,110)|(4,234)|
|Depreciation|||||3,254|76,590|79,844|71,388|
||||||1,899,541|278,351|2,177,892|2,112,195|
|SUPPORT COSTS|||||||||
||||||||Total||
||||||||2020|2019|
||||||Management|Governance|6|f|
|Sports and education|||||273,151|5,200|278,351|298,230|
||||||273,151|5,200|278,351|298,230|
||||||||2020|2019|
|Governance costs|||||||6|6|
|Auditors'
remuneration|||||||5,200|5,080|
|Auditors'
remuneration||- non|audit|||||360|
||||||||5,200|5,440|
##
##
##
|Net resources are state|d after charging:|||
|---|---|---|---|
|||2020|2019|
|||F|6|
|Auditors'
remuneration||6,377|6,910|
|Auditors'
remuneration|- non audit work||360|
|Other operating
leases||82,649|84,453|
|Depreciation
—owned assets||81,931|71,548|
|Depreciation
—assets held under finance leases||906|1,208|
##
##
##
##
##
##
##
|||2020|2019|
|---|---|---|---|
|Wages and|salaries|1,138,236|1,013,403|
|Social security costs||79,671|66,074|
|Employers|pension costs|17,580|10,617|
|Redundancies||1,131|9,335|
|||1,236,618|1,099,429|
|The average
monthly
number ofemploye|es
(full time equivalent)
during
the year was as|follows:|
|---|---|---|
||2020|2019|
||Number|Number|
|Charitable|35|43|
|Support|10|9|
||45||
##
##
|||Unrestricted|Restricted|Total|
|---|---|---|---|---|
|||funds|funds|2019|
||||F|8|
|INCOME FROM|||||
|Donations
and legacies||242,642|9,711|252,353|
|Charitable
activities|||||
|Sports and education||1,458,495|456,951|1,915,446|
|Other trading
activities|||||
|Other trading
activities|||||
|Investment
income||117||117|
|Commercial
trading
operations||71,093||71,093|
|Total||1,772,347|466,662|2,239,009|
|EXPENDITURE ON|||||
|Raising funds|||||
|Commercial
trading
operations||21,690||21,690|
|Charitable
activities|||||
|Sports and education||1,656,826|455,369|2,112,195|
|Total||1,678,516|455,369|2,133,885|
|Net (expenditure)/income||93,831|11,293|105,124|
|Transfers
between funds||(9,695)|9,695||
|Taxation (trading subsidiary|only)||||
|Net movement
in funds||84,136|20,988|105,124|
|RECONCILIATION
OF FUNDS|||||
|Total funds brought forward||215,611|14,186|229,797|
|TOTAL FUNDS CARRIED FORWARD||299,747|35,174|334,921|
##
##
|TANGIBLE FIXEDASSETS -|GROUP||||||
|---|---|---|---|---|---|---|
||||Fixtures,||||
||||fittings||Asset||
||Leasehold|Sports|and office|Motor|under||
||property|equipmentf|equipment
f|vehicles
f|construction
f|Totalf|
|COST|||||||
|At1 June2019|242,693|20,737|107,992|53,800||425,222|
|Additions|300,000|1,627|12,483||36,257|350,367|
|Disposals||(13,335)|(30,756)|||(44,091)|
|At 31 August 2020|542,693|9,029|89,719|53,800|36,257|731,498|
|DEPRECIATION|||||||
|At 1 June 2019|177,418|16,156|60,325|42,895||296,794|
|Charge for year|54,205|1,797|20,610|6,225||82,837|
|Eliminated
on disposals||(12,405)|(27,559)|||(39,964)|
|At 31 August 2020|231,623|5,548|53,376|49,120||339,667|
|NET BOOK VALUE|||||||
|At 31 August 2020|311,070|3,481|36,343|4,680|36,257|391,831|
|At 31 May 2019|65,275|4,581|47,667|10,905||128,428|
|TANGIBLE FIXEDASSETS - CHARITY|||Fixtures,||||
||||fittings||Asset||
||Leasehold|Sports|and office|Motor|under||
||propertyf|equipment
f|equipment
f|vehicles
f|construction
f|Total
f|
|COST|||||||
|At 1 June 2019|242,693|19,087|100,972|45,600||408,352|
|Additions|300,000|1,627|12,483||36,257|350,367|
|Disposals||(13,335)|(30,756)|||(44,091)|
|At 31 August 2020|542,693|7,379|82,699|45,600|36,257|714,628|
|DEPRECIATION|||||||
|At 1 June 2019|177,418|15,551|58,214|35,520||286,703|
|Charge for year|54,205|1,384|18,855|5,400||79,844|
|Eliminated
on disposals||(12,405)|(27,559)|||(39,964)|
|At 31 August 2020|231,623|4,530|49,510|40,920||326,583|
|NET BOOK VALUE|||||||
|At 31 August 2020|311,070|2,849|33,189|4,680|36,257|388,045|
|At 31 May 2019|65,275|3,536|42,758|10,080||121,649|
##
##
##
##
##
##
##
##
||||Group|Group|Charity|Charity|
|---|---|---|---|---|---|---|
||||2020
F|2019
f|2020f|2019
f|
|Trade debtors|||21,330|32,744|21,222|32,099|
|Social security and|other taxes||4,807||4,153||
|Pompey Foundation|Trading||||||
|Company
Limited|||||80,084|38,553|
|Other debtors and|accrued income||104,029|64,898|104,029|64,898|
|Prepayments|||21,559|209,319|21,425|209,086|
||||151,725|306,961|230,913|344,636|
|CREDITORS: AMOUNTS||FALLING DUE WITHIN ONE YEAR|||||
||||Group|Group|Charity|Charity|
||||2020|2019|2020|2019|
||||f|f|f|f|
|Trade creditors|||89,516|179,509|88,940|179,376|
|Other creditors|||13,298|20,178|13,298|20,178|
|Accrued expenses|||31,112|32,114|29,454|30,434|
|Deferred income (see below)|||251,349|455,925|251,349|455,925|
||||385,275|687,726|383,041|685,913|
|CREDITORS: AMOUNTS||FALLING DUE IN NIORE THAN ONE YEAR|||||
||||Group|Group|Charity|Charity|
||||2020|2019|2020|2019|
||||f|f|F|f|
|Other creditors|||227,550||227,550||
||||227,550||227,550||
##
||||||Group|Group|Charity|Charity|
|---|---|---|---|---|---|---|---|---|
||||||2020
F|2019
F|2020f|2019
f|
|Brought|forward||||455,925|481,705|455,925|481,455|
|Amount|released|to|incoming|resources|(455,925)|(481,705)|(455,925)|(481,455)|
|Amount|deferred|in|year||251,349|455,925|251,349|455,925|
|Carried|forward||||251,349|455,925|251,349|455,925|
##
##
##
##
|Minimum|leas|e|payment|s|under non-cancellab|le
operating|leases fall due a|s follows:||
|---|---|---|---|---|---|---|---|---|---|
|||||||||2020|2019|
|Expiring:||||||||||
|Within one year||||||||55,671|65,336|
|Between|one|and five years||||||76,710|89,823|
|||||||||132,381|155,159|
|MOVEMENT||IN|FUNDS|||||||
|Analysis|ofunrestricted||||fund movements|||||
||||||Balance at|Incoming|Resources||Balance at|
||||||At 1.6.19|resources|expended|Transfers|At 31.8.20|
||||||F|5|F||E|
|General|fund||||299,747|1,895,817|(1,367,903)||827,661|
|Analysis|ofrestricted|||fund movements||||||
||||||Balance at|Incoming|Resources||Balance at|
||||||At 1.6.19|resources|expended|Transfers|At 31.8.20|
|||||||E|E|F||
|No Limits - CIN|||||(665)|10,326|(9,661)|||
|Premier|League||Kicks||4,256|170,267|(164,250)||10,273|
|Primary|Stars||||1,761|87,500|(84,073)||5,188|
|Kick Start Sport|||||15,167|39,516|(32,670)||22,013|
|Covid-19||||||260,013|(260,013)|||
|Other Restricted|||Funds||14,655|265,521|(286,337)||(6,161)|
||||||35,174|833,143|(837,004)||31,313|
##
##
##
##
|Analysis|of unr|estricte|d
fund movements|||||
|---|---|---|---|---|---|---|---|
||||Balance at|Incoming|Resources||Balance at|
||||At 1.6.18|resources|expended|Transfers|At 31.5.19|
||||E|E|E||E|
|General|fund||215,611|1,772,347|(1,678,516)|(9,695)|299,747|
|Analysis|ofrestricted||fund movements|||||
||||Balance at|Incoming|Resources||Balance at|
||||At 1.6.18|resources|expended|Transfers|At 31.5.19|
||||E||E|F||
|No Limits - CIN|||508|41,375|(42,548)||(665)|
|Premier|League|Kicks|6,564|90,473|(92,781)||4,256|
|Primary|Stars||(2,507)|70,000|(65,732)||1,761|
|Kick Start Sport|||(7,656)|39,037|(26,454)|10,240|15,167|
|Other Restricted||Funds|17,277|225,777|(227,854)|(545)|14,655|
||||14,186|466,662|(455,369)|9,695|35,174|
##
##
##
|ANALY|SIS OF NET ASSETS BETWE|EN FUNDS|||
|---|---|---|---|---|
|||||2020|
|||Unrestricted|Restricted|Total|
|||funds|funds|funds|
||||E||
|Fixed assets||391,831||391,831|
|Current|assets|942,689|137,279|1,079,968|
|Current|liabilities|(506,859)|(105,966)|(612,825)|
|||827,661|31,313|858,974|
##
##
|||||2020|2019|
|---|---|---|---|---|---|
|PCFC||||||
|Donated|goods|and services provided|to the charity|41,775|35,800|
|Amounts|owed|(by)/to the charity at the balance sheet date||(11,730)|(1,329)|
##
##
##
##
##
##
##
##
##
##
##
##
##
##