#
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|||Page|
|---|---|---|
|Report ofthe Trustees||1 to7|
|Report ofthe Independent|Auditors|8to 10|
|Statement of Financial Activities|||
|Balance Sheet||12|
|Cash Flaw Statement||13|
|Notes to the Financial Statements||14to 28|
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||||Group|Group|Charity|Charity|
|---|---|---|---|---|---|---|
||||2022|2021|2022|2021|
|||Notes|6||E||
|FIXEDASSETS|||||||
|Tangible assets||14|4,391,911|412,088|4,390,765|409,876|
|Investments||15|-|—|1|1|
||||4,391,911|412,088|4,390,766|409,877|
|CURRENTASSETS|||||||
|Debtors||16|314,886|172,838|354,094|173,801|
|Cash at bank and in hend|||1,113,919|1,261,955|1,068,550|1,252,849|
||||1,428,805|1,434,793|1,422,644|1,426,650|
|CREDITORS|||||||
|Amounts
falling due within one year||17|(1,106,730)|(209,233)|(1,099.773)|(199,232)|
|NET CURRENT ASSETS|||322,075|1,225,560|322,871|1,227,418|
|TOTAL ASSETSLESSCURRENT|||||||
|LIABILtllES|||4,713,986|1,637,648|4,713,637|1,637,295|
|CREDITORS|||||||
|Amounts
falling due in more than one|||||||
|year||18|(244,500)|(236,100)|(244,500)|(236,100)|
|NET ASSETS|||4,469,486|1,401,548|4,469,137|1,401,195|
|FUNDS|||||||
|Restricted funds||21|2,712,928|93,495|2,739,028|109,595|
|Unrestricted
funds||21|1,756,558|1,308,053|1,730,109|1,291,600|
|TOTAL FUNDS|||4,469,486|1,401,548|4,469,137|1,401,195|
|«««
'i
«\
its behalf by:|«««««ytt||«e
««
t|.M..~.h.j1tu3
«||i««|
##
||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
||||funds|funds|2022|2021|
|||Notes||2|E||
|INCOME FROM|||||||
|Donations
and legacies||5|610,794|2.575,335|3,186,129|310,737|
|Charitable
activities|||||||
|Sports and education||6|722,944|576,476|1,299,420|1,464,331|
|Other trading activities|||||||
|Other trading activiges|||||||
|Inveslment
income|||19||19|15|
|Commercial
trading operations|||49,956||49,956|12,664|
|Total|||1,383,713|3,151,811|4,535,524|1,787,747|
|EXPENDITURE ON|||||||
|Raising funds|||||||
|Commercial
trading
operations||3|19,990||19,990|10,633|
|Charitable
activities|||||||
|Sports and education||7|879,899|567,697|1,447,596|1,234,540|
|Total|||899,889|567,697|1,467,586|1,245,173|
|Net income/(expenditure)|||483,824|2,584,114|3,067,938|542,574|
|Transfers between
funds||20|(35,319)|35,319|||
|Taxation (trading subsidiary|only)|10|||||
|Net movement
In funds|||448,505|2,619,433|3,067,938|542,574|
|RECONCILIATION
OF FUNDS|||||||
|Total funds brought forward|||1,308,053|93,495|1,401,548|858,974|
|TOTAL FUNDS CARRIED FORWARD|||1,756,558|2,712,928|4,469,486|1,401,548|
##
##
||||||Group|Group|Charity|Charity|
|---|---|---|---|---|---|---|---|---|
|||||Notes|2022
f|2021f|2022|2021|
|Cash flows from operating|||activities||||||
|Cash generated|from operations|||28|3,860,578|392,929|3,824,315|461,814|
||||||3,860,578|392,929|3,824,315|461,814|
|Cash flows from investing|||activities||||||
|Interest received||||||15||15|
|Purchase oftangible axed assets|||||(4,008,633)|(59,232)|(4,008,633)|(59,232)|
|Cash provided|by (used in)||investing|activities|(4,008,614)|(59,217)|(4,008,614)|(59,217)|
|Change
In cash|and cash equivalents|||in the|||||
|rsporling
period|||||(148,036)|333.712|(184,299)|402,597|
|Cash and cash equivalents||atthe beginning|||||||
|ofthe reporting|period||||1,261,955|925,243|1,252,849|850,252|
|Total cash atthe end ofthe year|||||1,113,919|1,261,955|1,068,550|1,252,549|
|ANALYSIS OF CHANGES||IN NET (DEBT)/FUNDS|||||||
|||||||At 01.9.21|Cash flow|At31.8.22|
||||||||E||
|Net cash|||||||||
|Cash at bank||||||1,261,955|(148,036)|1,113,919|
|||||||1,251,955|(148,036)|1,113,919|
|Debt|||||||||
|Debts falling dus after 1 year||||||(236,100)|(8,400)|(244,500)|
|||||||(236,100)|(8,400)|(244,500)|
|Total||||||1,025,855|-156.436|869.419|
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|Depreciation
is provided at the following|annual rates in order to write|offeach|asset over its estimated|useful life.|
|---|---|---|---|---|
|Leasehold
property|-2%straight
line||||
|Leasehold
improvements|-20%straight|line|||
|Fixtures. fittings and ofiice equipment|—20%and 33%straight||line||
|Sports equipment|—20%straight|line|||
|Motor vehicles|-20%reducing|balance|||
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|A summary|of ths|f|inancial
arfii|vities
undertaken
by ths charity is|set out below:||
|---|---|---|---|---|---|---|
||||||2022|2021|
||||||2||
|Total incoming
resources|||||4,515,538|1,777;l15|
|Total srrpendihrrs||on charitable||activities|(1.447,596)|(1,234.540)|
|Nst outgoing|resources||||3,067,942|542,575|
|Total funds|brought||forward||1,401,195|558,620|
|Total funds|carried||forward||4,469,137|1,401,195|
|Represented|by:||||||
|Restricted funds|||||2,739,028|109,595|
|Unrestricted|funds||||1,730,109|1,291,600|
||||||4,469,137|1,401,195|
##
##
|extract of the fin
2022:|ancial
statemen|ts
of Pompey
Foundation
Trading
|Company
Limited
for the period en|ded 31 August|
|---|---|---|---|---|
||||2022|2021|
||||5|5|
|Turnover|||4a,gss|12.664|
|Cost afsales snd administrative||expenses|(19,990)|(1D,633)|
|Profit before tsx|||29,966|2.031|
|Corporation
tax (see note 10)|||||
|Profit alter tax|||2a,ass|2,031|
|Profits distributed|toths charity||(29,966)|(2,D31)|
|Retained
in subsidiary|||||
|The assets and liabilities af the||subsidiary were:|||
|Fixed assets|||1,146|2,212|
|Current assets|||45,555|15,162|
|Current liabilities|||(48,345)|(17,018)|
|Net assets|||356|356|
|Aggregate share|capital and reserves||356|356|
##
|Grants reoeived
included|In the above, are as follows.|2022|2021|
|---|---|---|---|
|Job reten5on scheme|||137,440|
|Portsmouth
City Counal|||16,567|
|Veosa|||32,DDO|
|Pompey Supporters
Trust||250,000||
|Eisnsr Foundation||255,870||
|The Benegcial Foundation||146,00O||
|Football Foundatian||870.518||
|Levelling
Up Fund||986.000||
|||2,508,388|186,007|
##
|||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|
|||funds|funds|2022|2021|
|||||8|5|
|Skill tralnln9 ceiltres||11,658||11,658|40,183|
|Advanced
training centres||8,408||8,408|20,572|
|After school clubs||48,271||48,271|104,605|
|Holiday courses||116,124||116,124|98.793|
|Other coumes and coaching income||73,377|1,565|74,942|128,302|
|Primary School Sports|||68,691|68,691|67,50D|
|Southern Water|||||2,824|
|Premier League Kicks|||143,656|143,656|169,500|
|Health trainer|||||12,524|
|No Limits CIN|||||10,325|
|National
CiTizen Service||15D,575||150,575|756,786|
|Positive Acbvities|||72,000|72,000|41,135|
|FA Women and Girls|||||10,417|
|Pompey Power Chair|||||2,025|
|Portsmouth
Amputee|Irwin Mitchell||||1,218|
|IOW Degree Programme|||||26,400|
|Life 'n' Chimes CCG||188||188||
|Spirit ofRugby|||||4,900|
|Kinder Sport Move 8 Leam|||21,600|21,600|33.700|
|Sub Total Carried
Forward||408,601|307,512|716,113|1,551,709|
##
##
##
|||||||Support|||
|---|---|---|---|---|---|---|---|---|
||||||Direct|costs|Total|Total|
||||||expenditure|(see note 8)|2022|2021|
|||||||8|||
|Sports and education|||||||||
|Wages and salaries|||||527,755|355,096|882,851|862,362|
|SubCOntraCtOre
and|Ccnauitama||||15,586|2,988|18,574|17.349|
|Venue hire|||||115,943||115,943|48,612|
|Sporls equipment|||||25,131|(592)|24,539|7,041|
|Tickets and kits from Portsmcuth||||FC|55,850||55,850|9,200|
|Intellectual
and commercial|||rights|from|||||
|Porlsmouth
FC||||||30,130|30,130|7,000|
|Player appearance|costs||||200||200|200|
|Other course costs|||||53,225|5,955|59,180|44.537|
|Motor vehicle hire and||expenses|||9,566|53,892|63,458|87,416|
|Office equipment
hire||and maintenance|||(333)|15,824|15,491|13,571|
|Printing,
postage and||stationery|||1,675|19,738|21,413|2,177|
|Telephone|||||1,459|19,830|21,289|16,777|
|Travel and subsistence|||||(1,887)|e,oee|6,169|13,365|
|Legal and professional||fees|||5,479|7,752|13,231|12,508|
|Premises expenses|||||36|30,689|30,725|28,633|
|Staff and volunteer|training||||3,094|409|3,503|3,625|
|Publicity and marketing|||||3,081|17,281|20,362|9,736|
|Keyfort||||||20,639|20,639|21,838|
|Sundry expenses|||||2,611|4,207|e,e1e|3,417|
|Bank and credit card charges|||||10,720|2,338|13,058|13.689|
|Bad debts|||||(2,616)|(955)|(3,571)|(25,916)|
|Depreciation|||||4,485|23,259|27,744|37,403|
||||||831,060|616,536|1,447,596|1,234,540|
|SUPPORT COSTS|||||||||
||||||||Total||
||||||||2022|2021|
||||||Management|Governance|6||
|Sports and educaeon|||||616,536||616,536|353,491|
||||||616,536||616,536|353,491|
||||||||2022|2021|
|Governance costs|||||||6||
|Auditors'
remuneration|||||||5,630|5,200|
|Auditors'
remuneration||- non|audit||||||
||||||||5.030|5.200|
##
##
||||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|---|
||||||funds|funds|2022|2021|
||||||6|9|6|2|
|Sub Total BrougM Forward|||||408,601|307,512|716,113|1,551,709|
|Junior Premier League|||||100,916||100,916|S5,296|
|Your Fratton||||||||4,250|
|Wheels 4All||||||||500|
|Post 16Education|||||147,011||147,011|2D9,397|
|Quality Impravement||Fund|||32,500||32,500|32,500|
|Grow The Game Income||||||||1,1DO|
|Challenge
Pompey-||Sport England||||(6)|(6)|39,506|
|My Pompey
—Safer|communities|||||13,763|13,763||
|Safer communities|Fund|||||9,917|9,917|21,947|
|Blue Kitchen||||||33.522|33,822||
|Kicks Start Volunteer||||||||5,DDO|
|Network
Rail||||||||6.375|
|Community
integrated|||care|||4,800|4,800|333|
|Energise Me||||||||4,0DO|
|Play Upcycle Pampsy||||||||(167)|
|TAWS - Matlv8||||||||5,017|
|Academy Education||—LFE||||42,246|42,246|19,584|
|Football Fans In Training||||—EFL||3,465|3,465|3,415|
|PAN disability - Adults|||||||||
|Every Player Counts||-|WNST|||5,000|8,000|10,000|
|LsndsecrGunwharf||||||1D,598|10,596|2,145|
|PCC - Far Re:Fit||||||21,750|21,750|24,166|
|Covid 19-Emergency|||Cover||234||234|74,866|
|PL Pcmpey Fans' Ambassador||||||8,9DD|e,goo|1,78D|
|EFL Infrastructure||||||||8.000|
|Tackling Loneliness||Together||||||6,000|
|Miscellsnaus
fees and|||income||33,682|18,304|51.9ee|35,617|
|Communities
against||cancer||||4,4OD|4,4DO||
|Return
to Disability||||||1,00D|1,0DO||
|Covid 19Vaccinations|||Communications|||5,000|5,000||
|PCC Fit Fans||||||44.000|44,00D||
|Safer CommuniTies||||||4,889|4,889||
|EFLT||||||6,055|6,055||
|Level Up A4A||||||8,333|8,333||
|Prostate Cancer||||||500|||
|Tackling Inequalities||||||3,00D|3,000||
|Return to Play||||||9,782|9,782||
|Places to Ride||||||6,447|e.447||
||||||722,944|576,476|1,299,42D|2,152,390|
##
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##
|Net resources|are state|d after charging:|||
|---|---|---|---|---|
||||2022|2021|
|Auditors'
remuneration|||5,630|5,200|
|Auditors'
remuneration||-non audit work|||
|Other operating|leases||52,472|55,671|
|Depredation -|owned assets||28,810|81,931|
|Depredation -|assets held under finance leases|||906|
##
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##
||||||2022|2021|
|---|---|---|---|---|---|---|
|Wages and|salaries||||817,944|794,544|
|Social security costs|||||59,937|55,587|
|Employers|pension costs||||13,738|12,823|
|Redundancies|||||||
||||||691,619|862,954|
|The average||monthly|number ofemployees|(full time equivalent)|during the year was as follows:||
||||||2022|2021|
||||||Number|Number|
|Charitable|||||26|25|
|Support|||||10|11|
||||||36|36|
##
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|||Unrestricted|Restricted|Total|
|---|---|---|---|---|
|||funds|funds|2021|
|||2|f||
|INCOME FROM|||||
|Donations
and legacies||138,489|172,248|310,737|
|Charhable
activities|||||
|Sports and education||859.034|605,297|1.464,331|
|Other trading activities|||||
|Other trading
activities|||||
|Investment
income||||15|
|Commercial
trading
operations||12,664||12,664|
|||1,010,202|777,545|1,787,747|
|EXPENDITURE ON|||||
|Raising funds|||||
|Commercial
trading operations||10,633||10,633|
|Charitable
activities|||||
|Spots
and education||519,177|715,363|1,234,540|
|||529,810|715,363|1,245,173|
|Net Income/(expenditure)||480,392|62,182|542,574|
|Transfers between funds|||||
|Taxation (trading subsidiary|only)||||
|Net movement
In funds||480,392|62,182|542,574|
|RECONCILIATION
OF FUNDS|||||
|Total funds brought forward||827,661|31,313|658,974|
|TOTAL FUNDS CARRIED FORWARD||1,308,053|93,495|1,401,548|
##
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|TANGIBLE FIXEDASSETS|- GROUP||||||
|---|---|---|---|---|---|---|
||||Fixtures,||||
||||fitlings||Asset||
||Leasehold|Sports|and oflice|Motor|under||
||properly|equipment|equipment|vehicles|coileil'Uchon|Total|
||E||E|E|E|E|
|COST|||||||
|At 1 September 2021|542,693|11,983|112,493|53,800|69,761|790,730|
|Additions||12,028|4,898||3,991,707|4,008,633|
|Disposals|||(6,040)|(8,200)||(14,240)|
|At 31August 2D22|542,693|24,011|111,351|45,600|4,061,468|4.785,123|
|DEPRECIATION|||||||
|At 1 September 2D21|249,139|7,477|es,ese|53,440||378,842|
|Charge for year|8,554|3,738|16,160|360||28,810|
|Eliminated
on disposaie|||(6,040)|(8,200)||(14,240)|
|At 31August 2022|257,693|11,213|78,706|45,600||393,212|
|NET BOOK VALUE|||||||
|At 31August 2D22|285,000|12,798|32,645||4,061,468|4,391,91 'I|
|At 31August 2D21|293,554|4,506|43,907|360|69,761|412,088|
|TANGIBLE FIXEDASSETS - CHARITY|||Fixtures,||||
||||edlngs||Asset||
||Leasehold|Sports|and oflice|Molar|under||
||properly
E|equipment
E|equipmentf|vehicles
f|conetrucson
f|Total
E|
|COST|||||||
|At 1 September 2021|542,693|10,333|105,473|45,600|69,761|773,S60|
|AddiTions||12,028|4,898||3,991,707|4,008,633|
|IXsposals|||(6,04D)|||(6,040)|
|At 31August 2022|542,693|22,361|104,331|45,600|4,061,468|4,776,453|
|DEPRECIATION|||||||
|At 1 September 2D21|249,139|8,129|63,476|45,240||363,984|
|Charge foryear|8.554|3.434|15,396|360||27,744|
|Eliminated
on disposale|||(6,040)|||(6,040)|
|At 31August 2022|257,693|9,563|72,832|45,MD||385,668|
|NET BOOK VALUE|||||||
|At 31August 2D22|285,DDD|12,788|31,499||4,061,468|4,390,765|
|At31August 2D21|293,554|4,204|41,997|Seo|69,761|409,87e|
##
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||||Group|Group|Charity|Charity|
|---|---|---|---|---|---|---|
||||2022|2021|2022|2021|
|||||8|||
|Trade debtors|||20,708|39,844|20,528|35,999|
|Social security and|other taxes||162,060|904|162,952|774|
|Pompsy Foundation|Trading||||||
|Company
Limited|||||38,496|6,355|
|Other debtors and|accrued income||114.164|111,974|114,164|111,974|
|Prspayments|||17,954|20,116|17,954|18,699|
||||314,886|172,838|354,094|173,801|
|CREDITORS: AMOUNTS||FALLING DUE WITHIN ONE YEAR|||||
||||Group|Group|Charity|Charity|
||||2022|2021|2022|2021|
|||||E|6||
|Trade creditors|||987.579|49,482|987,089|48,072|
|Other creditors|||10,902|10,928|10,902|10,928|
|Accrued expenses|||57,872|66,155|56,247|64,247|
|Deferred income (see below)|||50,377|62,ese|45,535|7s,ges|
||||1,106,730|209,233|1,099,773|199,232|
|CREDITORS: AMOUNTS||FAI.I.ING DUE IN MORE THAN ONE YEAR|||||
||||Group|Group|Charity|Charity|
||||2022|2021|2022|2021|
|||||9|9||
|Other creditors|||244,500|236,100|244,500|236,100|
||||244,500|236,100|244,500|236,100|
||||||Gmup|Group|Charity|Charity|
|---|---|---|---|---|---|---|---|---|
||||||2022|2021|2022|2021|
|||||||f|5|5|
|Brought|forward||||82,688|251,349|75,985|251,349|
|Amount|released|to|incoming|resources|(82,688)|(251,349)|(75,985)|(251,349)|
|Amount|deferred|in|year||50,377|82,688|45,535|7s,ges|
|Carried|forward||||50,377|82,668|45,535|75,985|
##
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|Minimum
leas|e|payments|under|non-cancefiabl|s
operating
le|ases fall due as|follows:||
|---|---|---|---|---|---|---|---|---|
||||||||2022f|2021f|
|Expiring:|||||||||
|Within one year|||||||43,654|44,608|
|Between one|and five years||||||34,656|32,102|
||||||||78,310|76,710|
|MOVEMENT|IN|FUNDS|||||||
|Analysis ofunrestricted|||fund|movements|||||
|||||Balance st|Incoming|Resources||Balance at|
|||||At 1.9.21
f|resourcesf|expended
f|Transfers|At 31.8.22|
|General fund||||1,279,378|1,383,'713|(899,889)|(35,319)|1,727,883|
|Designated
fund||- Pitch|project|28,675||||28,675|
|Analysis ofrestricted fund movements|||||||||
|||||Balance at|Incoming|Resouroes||Balance at|
|||||At 1.9.21
f|resourcesf|expended
f|Transfersf|At 31.8.22|
|Premier League||Kicks||1,764|145,156|(149,495)||(2,575)|
|Primary Stars||||5,595|68,756|(70,176)||4,175|
|Street Strong|Youth|||661|72,000|(72,661)|||
|John Jenkins|Stadium|||22,344|2,574,781|(3,464)|35,319|2,628,980|
|Other Restricted||Funds||63,131|291,1'l8|(271,901)||82,348|
|||||93,495|3,151,811|(567,697)|35,319|2,712,926|
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|||Group|Group|Charity|Charity|
|---|---|---|---|---|---|
|||2022|2021|2022|2021|
||||8|||
|Net movement
in funds||3,048,460|542,574|3.067,942|542,575|
|Depreciation
charge||28,810|38,975|27,744|37,401|
|Loss/(profit)
on disposal offixed assets||||||
|Interest received||(19)|(15)|(19)|(15)|
|(Increase)/decrease|in debtors|(142,048)|(21,113)|(180,293)|57,112|
|Increase/(decrease)|in creditom|905,897|(167,492)|908,941|(175,259)|
|||3,841,100|392,929|3,824,315|461,814|
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