2023-08-31-accounts - Pompey In The Community

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			Page
Report ofthe Trustees			1 to 7
Report of the Independent		Auditors	8to 10
Statement of Financial	Activities
Balance Sheet			12
Cash Flow Statement			13
Notes to the Financial	Statements		14to 28

			Unrestricted	Restricted	Total	Total
			funds	funds	2023	2022
		Notes	2			2
INCOME FROM
Donations and legacies		5	160,546	1,247,177	1,407,723	3,186,129
Charitable activities
Sports and education		6	668,065	353,309	1,021,374	1,299,420
Other trading activities
Other trading activities
Investment income			855		855	19
Commercial trading operations			68,723		68,723	49,956
Total			898,189	1,600,486	2,498,675	4,535,524
EXPENDITURE ON
Raising funds
Commercial trading operations		3	13,580		13,580	19,990
Charitable activities
Sports and education		7	934,614	512,916	1,447,530	1,447,596
Total			948,194	512,916	1,461,110	1,467,586
Net income/(expenditure)			(50,005)	1,087,570	1,037,565	3,067,938
Transfers between funds		20
Taxation (trading subsidiary	only)	10
Net movement in funds			(50,005)	1,087,570	1,037,565	3,067,938
RECONCILIATION OF FUNDS
Total funds brought forward			1,756,558	2,712,928	4,469,486	1,401,548
TOTAL FUNDS CARRIED FORWARD			1,706,553	3,800,498	5,507,051	4,469,486

		Group	Group	Charity	Charity
		2023	2022	2023	2022
	Notes	2	2	2	2
FIXEDASSETS
Tangible assets	14	6,484,075	4,391,911	6,484,075	4,390,765
Investments	15			1	1
		6,484,075	4,391,911	6,484,076	4,390,766
CURRENTASSETS
Debtors	16	157,551	314,886	194,598	354,094
Cash at bank and in hand		270,553	1,113,919	225,402	1,068,550
		428,104	1,428,805	420,000	1,422,644
CREDITORS
Amounts falling due within one year	17	(1,152,108)	(1,106,730)	(1,144,358)	(1,099,773)
NET CURRENT ASSETS		(724,004)	322,075	(724,358)	322,871
TOTAL ASSETSLESSCURRENT
LIABILITIES		5,760,071	4,713,986	5,759,718	4,713,637
CREDITORS
Amounts falling due in more than one
year	18	(253,020)	(244,500)	(253,020)	(244,500)
NET ASSETS		5,507,051	4,469,486	5,506,698	4,469,137
FUNDS
Restricted funds	21	3,800,498	2,712,928	3,800,498	2,739,028
Unrestricted funds	21	1,706,553	1,756,558	1,706,200	1,730,109
TOTAL FUNDS		5,507,051	4,469,486	5,506,698	4,469,137

		FO	R THE PERIOD E	NDED 31 AUGU	ST 2023
				Group	Group	Charity	Charity
				2023	2022	2023	2022
			Notes	2		2	6
Cash flows from operating		activities
Cash generated	from operations		26	1,273,843	3,860,578	1,274,061	3,824,315
				1,273,843	3,860,578	1,274,061	3,824,315
Cash flows from investing		activities
Interest received				855	19	855	19
Purchase of tangible fixed		assets		(2,116,403)	(4,008,633)	(2,116,403)	(4,008,633)
Cash provided	by (used in) investing		activities	(2,115,548)	(4,008,614)	(2,115,548)	(4,008,614)
Change in cash	and cash equivalents		in the
reporting period				(841,705)	(148,036)	(841,487)	(184,299)
Cash and cash	equivalents	at the beginning
ofthe reporting	period			1,113,919	1,261,955	1,068,550	1,252,849
'Total cash at the end ofthe year				272,214	1,113,919	227,063	1,068,550
ANALYSIS OF	CHANGES	IN NET (DEBT)/FUNDS
					At 01.9.22	Cash flow	At 31.8.23
					2	2	2
Net cash
Cash at bank					1,113,919	(843,366)	270,553
					1,113,919	(843,366)	270,553
Debt
Debts falling due after 1 year					(244,500)	(8,520)	(253,020)
					(244,500)	(8,520)	(253,020)
Total					869,419	-851,886	17,533

A summary	ofthe	financial acti	vities undertaken by the charity is	set out below:
				2023	2022
Total incoming resources Total expenditure on charitable			activities	2,485,098 (1,447,537)	4,515,538 (1,447,596)
Net outgoing	resources			1,037,561	3,067,942
U	b gh			%69437~01,l95
Total funds	carried	forward		5,506,698	4,469,137
Represented	by:
Restricted funds				3,800,498	2,739,028
Unrestricted	funds			1,706,200	1,730,109
				5,506,698	4,469,137

extract of the fina 2023:	ncial statement	s of Pomp	ey Found	ation Trading Compan	y Limited	for the period en	ded 31 August
						2023	2022
						2
Turnover						68,723	49,956
Cost ofsales and administrative		expenses				(13,580)	(19,990)
Profit before tax						55,143	29,966
Corporation tax (see note 10)
Profit after tax						55,143	29,966
Profits distributed	to the charity					(55,143)	(29,966)
Retained in subsidiary
The assets and liabilities of the		subsidiary	were:
Fixed assets							1,146
Current assets						62,252	45,555
Current liabilities						(61,896)	(46,345)
Net assets						356	356
Aggregate share	capital and reserves					356	356
INVESTMENT INCOME
All investment income is derived		from cash	deposits	held within the United	Kingdom.
DONATIONS AND LEGACIES
						2023	2022
						2	2
Donations						142,216	154,161
Donated goods and services						85,200	523,580
Legacies
Grants						1,180,307	2,508,388
						1,407,723	3,186,129

Grants received included	Grants received included	2023	2022
		2
Pompey Supporters	Trust		250,000
Eisner Foundation			255,870
The Beneficial Foundation			146,000
Football Foundation		1,029,557	870,518
Levelling Up Fund			986,000
The Football Stadia		129,001
Bluesability		3,215
Hotwalls		8,534
Fight for Peace		10,000
		1,180,307	2,508,388

		Unrestricted	Restricted	Total	Total
		funds	funds	2023	2022
		2	2		2
Skill training centres		19,050		19,050	11,658
Advanced training centres		2,644		2,644	8,408
After school clubs		59,418		59,418	48,271
Holiday courses		178,710		178,710	116,124
Other courses and coaching income		88,317		88,317	74,942
Primary School Sports			100,000	100,000	68,691
Premier League Kicks			110,287	110,287	143,656
National Citizen Service		34,195		34,195	150,575
Positive Activities					72,000
Life 'n' Chimes CCG					188
Kinder Sport Move &Learn			22,610	22,610	21,600
PCC Extra Time			29,345	29,345
Junior Premier League		102,028		102,028	100,916
Post 16Education		138,857		138,857	147,011
Quality Improvement Fund		20,000		20,000	32,500
Challenge Pompey —Sport England					(5)
My Pompey - Safer communities					13,763
Safer communities Fund					9,917
Blue Kitchen					33,822
Community integrated care					4,800
Academy Education - LFE			22,341	22,341	42,246
football Fans In Training	- EFL		(545)	(545)	3,465
Every Player Counts - WNST					8,000
Sub Total Carried Forward		643,219	284,038	927,257	1,112,548

		Unrestricted	Restricted	Total	Total
		funds 2	fundsf	2023	2022 2
Sub Total Brought Forward		643,219	284,038	927,257	1,112,548
LandsecrGunwharf					10,596
PCC - For Re:Fit					21,750
Covid 19 - Emergency	Cover	104		104	234
PL Pompey Fans' Ambassador					8,900
Miscellanous fees and	income	24,742	5,200	29,942	51,986
Communities against cancer					4,400
Return to Disability					1,000
Covid 19Vaccinations	Communications				5,000
PCC Fit Fans			28,760	28,760	44,000
Safer Communities			29,195	29,195	4,889
EFLT			1,945	1,945	6,055
Level Up A4A			4,171	4,171	8,333
Prostate Cancer					500
Tackling Inequalities					3,000
Return to Play					9,782
Places to Ride					6,447
		668,065	353,309	1,021,374	1,299,420

						Support
					Direct	costs	Total	Total
					expenditure	(see note 8)	2023	2022
						2	2	8
Sports and education
Wages and salaries					502,599	374,583	877,182	882,851
Subcontractors and	consultants				21,406	1,661	23,067	18,574
Venue hire					133,462	5,932	139,394	115,943
Sports equipment					25,580	210	25,790	24,539
Tickets and kits from Portsmouth				FC	30,593		30,593	55,850
Intellectual and commercial			rights	from
Portsmouth FC						28,465	28,465	30,130
Player appearance	costs				200		200	200
Other course costs					42,053	55,902	97,955	59,180
Motor vehicle hire and		expenses			13,380	43,919	57,299	63,458
Office equipment hire		and maintenance			1,928	11,678	13,606	15,491
Printing, postage and		stationery			1,534	10,111	11,645	21,413
Telephone					2,274	13,025	15,299	21,289
Travel and subsistence					5,882	4,313	10,195	6,169
Legal and professional		fees			309	7,792	8,101	13,231
Premises expenses					2,793	35,409	38,202	30,725
Staff and volunteer	training				1,624	475	2,099	3,503
Publicity and marketing					2,381	9,339	11,720	20,362
Keyfort						19,440	19,440	20,639
Sundry expenses					2,296	3,202	5,498	6,818
Bank and credit card charges					11,446	4,434	15,880	13,058
Bad debts					(5,284)	(1,912)	(7,196)	(3,571)
Depreciation					592	22,504	23,096	27,744
					797,048	650,482	1,447,530	1,447,596
SUPPORT COSTS
							Total
							2023	2022
					Management	Governance	2
Sports and education					650,482		650,482	616,536
					650482		ff&2	618,536
							2023	2022
Governance costs							2
Auditors' remuneration							7,312	5,630
Auditors' remuneration		- non	audit
							7,312	5,630

Net resources	are state	d after charging:
			2023	2022
			2	2
Auditors' remuneration			7,312	5,630
Auditors' remuneration		- non audit work
Other operating	leases		52,472	52,472
Depreciation -	owned assets		23,093	28,810
Depreciation -	assets held under finance leases

							2023	2022
							2	2
Wages and	salaries						800,331	817,944
Social security costs							61,981	59,937
Employers	pension costs						15,158	13,738
Redundancies
							877,470	891,619
The average		monthly	number	of employees	(full time equivalent)	during	the year was as follows:
							2023	2022
							Number	Number
Charitable							27	26
Support							8	10
							35	36

		Unrestricted	Restricted	Total
		funds	funds	2022
		2	2
INCOME FROM
Donations and legacies		610,794	2,575,335	3,186,129
Charitable activities
Sports and education		722,944	576,476	1,299,420
Other trading activities
Other trading activities
Investment income		19		19
Commercial trading operations		49,956		49,956
		1,383,713	3,151,811	4,535,525
EXPENDITURE ON
Raising funds
Commercial trading operations		19,990		19,990
Charitable activities
Sports and education		879,899	567,697	1,447,596
		899,889	567,697	1,467,586
Net income/(expenditure)		483,824	2,584,114	3,067,938
Transfers between funds		(35,319)	35,319
Taxation (trading subsidiary	only)
Net movement in funds		448,505	2,619,433	3,067,938
RECONCILIATION OF FUNDS
Total funds brought forward		1,308,053	93,495	1,401,548
TOTAL FUNDS CARRIED FORWARD		1,756,558	2,712,928	4,469,486

TANGIBLE FIXEDASSETS	FOR THE P - GROUP	ERIOD ENDED	31AUGUST 20	23
			Fixtures,
			fittings		Asset
	Leasehold	Sports	and office	Motor	under
COST	propertyf	equipmentf	equipmentf	vehicles f	construction f	Total
At 1 September 2022 Additions Disposals	542,693	24,011 1,413	111,351 7,514 (7,020)	45,600	4,061,468 2,107,476	4,785,123 2,116,403 (7,020)
At 31 August 2023	542,693	25,424	111,845	45,600	6,168,944	6,894,506
DEPRECIATION
At 1 September 2022	257,693	11,213	78,706	45,600		393,212
Charge for year	6,000	3,411	13,682			23,093
Eliminated on disposals			(5,874)			(5,874)
At 31 August 2023	263,693	14,624	86,514	45,600		410,431
NET BOOK VALUE
At 31 August 2023	279,000	10,800	25,331		6,168,944	6,484,075
At 31 August 2022	285,000	12,798	32,645		4,061,468	4,391,911
TANGIBLE FIXEDASSETS-CHARITY			Fixtures,
			fittings		Asset
	Leasehold	Sports	and office	Motor	under
	propertyf	equipment	equipment f	vehicles f	construction f	Total f
COST
At 1 September 2022	542,693	22,361	104,331	45,600	4,061,468	4,776,453
Additions Disposals		1,413	7,514		2,107,476	2,116,403
At 31 August 2023	542,693	23,774	1 'I 1,845	45,600	6,168,944	6,892,856
DEPRECIATION
At 1 September 2022	257,693	9,563	72,832	45,600		385,688
Charge for year	6,000	3,411	13,682			23,093
Eliminated on disposals
At 31 August 2023	263,693	12,974	86,514	45,600		408,781
NET BOOK VALUE
At 31 August 2023	279,000	10,800	25,331		6,168,944	6,484,075
At 31August 2022	285,000	12,798	31,499		4,061,468	4,390,765

		Group	Group	Charity	Charity
		2023	2022	2023	2022
		8	6		8
Trade debtors		53,460	20,708	36,360	20,528
Social security and	other taxes	45,055	162,060	45,569	162,952
Pompey Foundation	Trading
Company Limited				53,633	38,496
Other debtors and	accrued income	34,741	114,164	34,741	114,164
Prepayments		24,295	17,954	24,295	17,954
		157,551	314,886	194,598	354,094

CREDITORS: AMOUNTS FALLING	DUE WITHIN ONE YE	AR
	Group	Group	Charity	Charity
	2023	2022	2023	2022
	8		8	2
Trade creditors	48,034	987,579	45,597	987,089
Other creditors	325,321	10,902	325,321	10,902
Accrued expenses	96,385	57,872	93,872	56,247
Deferred income (see below)	682,368	50,377	679,568	45,535
	1,152,108	1,106,730	1,144,358	1,099,773

CRED	ITORS: AII	IIOUNTS FALLING DUE IN MORE THAN	ONE YEAR
		Group	Group	Charity	Charity
		2023	2022	2023	2022
		8		6	8
Other	creditors	253,020	244,500	253,020	244,500
		253,020	244,500	253,020	244,500

I period.	d		II t	~g			I gg	III
					Group	Group	Charity	Charity
					2023	2022	2023	2022
							2
Brought	forward				50,377	82,688	45,535	75,985
Amount	released	to	incoming	resources	(50,377)	(82,688)	(45,535)	(75,985)
Amount	deferred	in	year		682,368	50,377	679,568	45,535
Carried	forward				682,368	50,377	679,568	45,535

2023	2022
	2
253,020	244,500

Minimum leas	e	payments	under	non-cancellable	operating le	ases fall due as	follows:
							2023	2022
							P.	2
Expiring:
Within one year							11,552	43,654
Between one	and five years						23,104	34,656
							34,656	78,310
MOVEMENT	IN	FUNDS
Analysis of unrestricted			fund	movements
				Balance at	Incoming	Resources		Balance at
				At 1.9.22	resources	expended	Transfers	At 31.8.23
					2	2	2
General fund				1,727,883	898,189	(948,194)		1,677,878
Designated fund		- Pitch	project	28,675				28,675
Analysis of restricted fund movements
				Balance at	Incoming	Resources		Balance at
				At 1.9.22	resources	expended	Transfers	At 31.8.23
Premier League		Kicks		(2,575)	100,000	(97,215)		210
Primary Stars				4,175	100,000	(103,899)		276
Street Strong	Youth
John Jenkins	Stadium			2,628,980	1,161,163	(3,227)		3,786,916
Other Restricted		Funds		82,348	239,323	(308,575)		13,096
				2,712,928	1,600,486	(512,916)		3,800,498

Comparatives for move	Comparatives for move	ment in funds
Analysis of unrestricted		fund movements
			Balance at	Incoming	Resources		Balance at
			At 1.9.21	resources	expended	Transfers	At 31.8.22
			2	2	2		2
General fund			1,279,378	1,383,713	(899,889)	(35,319)	1,727,883
Designated fund	- Pitch	project	28,675				28,675
Analysis of restricted fund movements
			Balance at	Incoming	Resources		Balance at
			At 1.9.21	resources	expended	Transfers	At 31.8.22
				2	2		2
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	291,118	(271,901)		82,348
			93,495	3,151,811	(567,697)	35,319	2,712,928
ANALYSIS OF NET ASSETS BETWEEN FUNDS
							2023
					Unrestricted	Restricted	Total
					funds	funds	funds
					2	2	2
Fixed assets					1,743,672	4,740,403	6,484,075
Current assets					335,087	93,017	428,104
Current liabilities					(372,206)	(1,032,922)	(1,405,128)
					1,706,553	3,800,498	5,507,051