REGISTERED COMPANY NUMBER: 06676203 (England and Wales) REGISTERED CHARITY NUMBER: 1126118 REPORT OF THE TRUSTEES AND AUDITED GROUP FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 AUGUST 2024 FOR POMPEY IN THE COMMUNITY
POMPEY IN THE COMMUNITY CONTENTS OF THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 AUGUST 2024 Page Report ol the Trustees 1 to7 Report ol the Independent Auditors 8t010 Slalemenl ol Financial Activities Balance Sheet 12 Cash Flow Slalemenl 13 Notes lo the Flnancial Slalements 14to28
POMPEY IN THE COMMUNITY REPORT OF THE TRUSTEES FOR THE PERIOD ENDED 31 AUGUST 2024 The Iruslees. who are also directors ol the charity lor the purposes of the Companies Act 2006, present their report with the linancial slalemenls of the charity lor the period ended 31 sl August 2024. The Iruslees have adopted the provisions ol the Slalemenl ol Recommended Practice {SORPI 'Accounting and Reporting by Charities.. Relerence and admlnlstralSve det811$ Reglstered company number 06676203 (England and Wales) Reglstered charlty number 1126118 Reglstered off Ice Pompey in the Communily Anson Road Portsmouth P04 8T8 Tru$lee$ Alison Lee Forhad Ahmed Trent Stamp Bernadelle Topham Miles Henson Michael Thornton Noil Dunkley Andrew Cullen Daniel Carlin Christoph8r Gilder Peter Grant Joyce Maddox Bobby Mehla Jamie Moran Elizabeth Percival Dominic Jones reslgned 19 February 2024 -appolnled 10 June 2024 -appoinled 12 July 2024 -appointed 26 June 2024 -appointed 10 June 2024 .appolnled 26 June 2024 .appoinled 11 June 2024 -appoinled 10 June 2024 -appointed 11 June 2024 Chlef Executlve Offlcar Clare Marlin Audltors MC Audit Limited Registered Auditors Slalion House North Stre81 Havanl Hampshire P09 1QU Soll¢ltor$ Biscoes Solicitors Kingston Place Kingston Crescent North End Portsmouth Hampshire P09 8AQ Bankers Lloyds Bank 38 London Road North End Portsmouth Hampshire P02 OLFI Page 1
POMPEY IN THE COMMUNITY REPORT OF THE TRUSTEES FOR THE PEIORD ENDED 31 AUGUST 2024 STRUCTURE, GOVERNANCE AND MANAGEMENT Governlng document Pompey in the Comrnunily is registered as a company limited by guaranlee Iregistralion no. 066762031 and as a charily Iregislralion no. 11261181- lis governing insllumenl Is Ils memorandum and articles ol association. Every member ol Ihe charity undertakes lo contribute £10 lo ils assets in the event ol il being wound up. Recrultment and appolntment of Trustee Dlrectors Trustees are recruited lo represent signilicanl donors, funding bodies and also independence. Trustees are appointed in accordance wilh the Articles of Association, by ordinary resolution in general meeting. Neither less than seven nor more than iwenly eighl days clear notice before the dale ol the meeling where a Trustee's appointment is lo be considered, nolice shall be given lo those enlilled lo attend ol the recommendation lor appointment. Inductlon and Iralnlng of new Truslees New Truslees ar8 inducted through spending lime with the CEO lo enable a lull apprecialion ol the charity's a¢livilles and how il operates. Tralnlng is ollered through recommended Chaiity Commission training guidelines. Organlsatlonal structure The Board ol Trustees alms to meet Quarterly and Ihere are sub-commlttees that meet more regularly covering development, membership, finance, audit and the construction of our new lacilliy. A CEO Is employed lo manage the day lo day operatlons ol the charlly Includlng promollon ol the charily's objectives, fund raising, linancial conlrol and manag8m8nl ol all employees. Purposes and alms The charity's Pufpose is lo benelil the public gen6rally and in particular the inhabilanls ol Hamp5hir8, West Sussex and the Isle ol Wlghl and Ihelr surroundlng areas. We seek lo promote community participation in heallhy recrealion by providing lacililies lor tho playing ol loolball and other sports and aclivi1Ses capablo ol improving health and well-being. This encompasses providing and assisting in providing lacililies lor sport, recreation or other leisure lime o¢¢upalSons lor peoplo lo benolil from these lacllilies by reason ol Ihelr youth, age, Inllrmily, dlsabilily, poverty or social and economic circumstance, lor Ihe public at large in their interests of social welfare with Ihe object of improving their conditions ol life. We aim lo advance the educalion ol children and young people through such means as the Trustees think lil in accordanco with charity law and lor the general purpose ol such charitable bodies or lor such other exclusively charitable purposes in each case as the Trustees may from lime lo lime decide. Publlc benef It The Trustees confirm Ihal they have referred to the guidance contained in the Charity Commission's general guidance on publi¢ benefit when reviowing the charity's aims and objectives and In plannlng luture aclivilies. The Trustees refer lo public benefit throughout this report. How our actlvltles dellver publlc benellt The charity aims lo deliver benefit lo our customers through reducing, or subsidising prices and providing access to the various a¢livilies fre8 of charge which in many cases can lead lo accredilatlon under various bodies. For example, our aller school clubs which provide continued access lo sport aller school hours lor children is offered al £5.50 per session. Where we cover teaching lime within schools this is charged at £35 por hour lor one coach. In relation to special inclusion and involving vulnerable or disabled people in the charity's activities these are provided free ol charge Ihfough many ol our programmes. A significant number ol participants successlu51y complete courses and leave us with NVQ and BTEC level qualilications. Page 2
POMPEY IN THE COMMUNITY REPORT OF THE TRUSTEES FOR THE PEFIIOD ENDED 31 AUGUST 2024 Flnanclal revlew Pompèy in the Communitls accounts showed a surplus this year 01 £1,511,835 over the year. Thi5 leaves the ¢harily with our desirad Rèserves 01 £250,000. However, a proportion of this is designated towards the construction ol the John Jenkins stadium. PITC are working lo raise the remaining funds to build the new Portsmouth Football Club The relationship with the Club's current owners Portsmouth Football Club Limited IPFC} continues to be posilive. Following the purchase by Tornanle, headed up by Michael Eisner, ex-Disney CEO the relationship has continued lo strengthen and manilesls ilsell in many ways including player appearances, reward schemes, visits lo the club's training facilities and player related learning materials as well as a generous allocation ol match Ilckels lor the charily's beneficiaries and Ihe local cornmunily. The CEO ol The Eisner Foundation, based In Calilornla, Is a member ol the Twslae Board ol PITC lo develop and embed the relationship moving forward. Andrew Cullen, CEO ol Portsmouth FC is also a Trustee lo ensuie a continued P0511ive relationship. The key lo the relationship is the ability lor loolball - and more specifically Portsmoulh Football Club - lo inspire local young people and bring about positive social oul¢omes through the delivery ol the charity s aclivilles. PITC aims to deliver through lour core aspects ol aclivily,. sports and coaching. community cohesion (inclusion and disabililyl, health and education although many ol our projects weave through several, il not all ol the strands. We also dellv8r lan engaoemenl aclSvilles on match days. Coachlng In Schools: Durlng ihe school day we run PE lessons In schools with a structured scheme ol work linked lo the National Curficulum lor Key Stages One ancl Two. We also run lunch.lime clubs, homework clubs and aller.school clubs. A variety ol other sports are ollered over the course ol the school year in¢luding baskelball, rugby, hockey, nelball, lennls, rounders, cricket and alhlelics. We also run football- onlv ¢oursès or desian b8SDoko courses lo suil the needs ol individual Schools. Joy ol Movlng: Pompey In the Communlty run the Move and Learn Programme In partnershlp with Joy ol Moving. On Ihls six.week programm8, chlldr8n learn how lo enjoy slaylng aclive and live a balanced Illestyle. Conlenl includes Eating wèll, 8oady and Mlnd, Physlcal Acllvily, Meal planning, Hydialion and the importance ol being active. Development Teams: PITC run boys and girls development cenlres in every age gioup Irom under 105 through lo Under 16s when many partlcipanls move Into our lull Ilme BTEC Foolball programme. Our 8TEC Pfogramme successlully expanded lo Include glrls Irom Sepiembor 2019 Portsmouth FC Women also run an adull development squad which continues lo provide a step up lor our female sludenls and completes the lemale playei pathway. Hollday Courses: During all the school holidays, Pompey in the Community delivers all.day loolball coaching. Sessions, in Portsmouth, Gosport and Chlchester lor children aged 5-12 01 all abilities. Sessions range from mixed, girls only, goalkeeping specific and Junior Pan.Disabilily and Mulli-sports, there's something lor everyone. We also r8¢eSv8 Hollday Acllvilies Funding from Portsmouth City Coun¢il lo 0118r free places lo children ellglble lor Free School Meals., we also provide them with a hot meal during the day. Skllls Tralnlng Centres: Evening loolball sessions are deslgned lo lead chlldren on a progression from learning basic skills through lo Advanced Training Cenlres. These players are ollered opportunities lo represonl Pompey at lournamenls Ihroughout the region and sometimes against touring inlèrnalional teams. We enter the Arnhem Whitsun Tournament in Holland every year, sending a team from Under 9 to Under 16 age groups, to compete against other teams from England, Scotland, Holland and Germany. The FA'S Emerglng Talent Centre lor Glrls: Funded by the Premier League across the projecl wll see players engaged in FA Paihway prograrnme5 rnore than double helping lo create greater access lor all. The Girl's ETC'S increase and diversify the lalenl pool and give more girls than ever the chance to laké their lirsl steps on the pathway towards playing professional football and lollo¥Mng in the loolsleps of the inspirational Lionesses. The ETC'S oller increased playing lirne, varied loolball formals and allow players lo play lor both an Emerging Talent Centre and a grassrools club, school, or represenlalive team, which il's hopod will enhance the varietv of Dlavina exDeriences. Page 3
POMPEY IN THE COMMUNITY REPORT OF THE TRUSTEES FOR THE PERIOD ENDED 31 AUGUST 2024 Football BTEC Programme: In partnership with Tho City ol Portsmouth College this 11-a-side BTEC programme has proved hugely popular. Youngsters represent Portsmouth FC in the Southern Regional League as well as the CEFA league whilst studying lor a Level 3 BTEC. Matches aro played again51 high prolilo teams in¢luding Cholsea and Birmingham which is a real incentive lor parti¢ipanl$. We currontly have 3 male and one female teams. Degree Programme: Graduales from both our 11.a.side BTEC programmes and external providers are ollered the opportunity lo study lor 3 years with us lor a 8Sc in Sports Development in partnership with Loughborough College. This programmo is our pr¢lerred option due lo Ihe modular slruclure ol the courso-, pupils achieve a HNC alier Year l. an HND aller Year 2 and the lull Bsc ale Year 3. Thls means that should students choose lo leave Ihe course earlv.. Ihov slill loave wilh a recoanised oualilicalion. Portsmouth Amputee FC: The Portsmouth FC Amputee Team continues lo go Irom slrenglh lo strength. Tho loam compote In tho Nallonal Loaguo and hold Ihelr own Sn an over growlno ¢ompollllvo Ilold. During this year Ihe loam won three trophies including the P8ople's Cup whlch has alludad the team previously. Llfe and Chlmes: This project Is aimed al those wlh early domenlla. Ihelr carors as well as older Isolated pcoplo Ihal would benolil from tho a¢livilios. Tho oroup meel once a week and take part In physical aclivilies, cralis and arts as well as oroup visits lo memorablo places a51 over tho cily includlno visits lo Ihe D. Day Musoum. Hisloric Dockyard, the Kings Theatre and 10.pln bowling. Premler Loaguè Klck$: Pompoy In Iho Communlly deliver a number ol Iro8 sesslons across tho clly lor 8. 18 year olds, as part ol Ihg Premier League Kicks programme. We work wilh a variety ol partners who help provlde a wlde rango ol sgsslons across Portsmouih. Promler League Klcks slartod In 2006 and has a long history ol us5ng tha power ol loolball and the value ol sports partlcipalion lo help youngsleis In some ol th8 rnosl high.noed areas. By ongaglno young pooplo In conslruclive aclivilios. Including a wlde varloly ol sports, coaching, music and educallonal and personal development sessions, communilles up and down the country have boon Iranslormed wilh impressive loolball and sporis participation rates and the aulhorilies reporting signilicanl reductions In anti-social behavlour In th8 areas in whlch il Is delivered. The scheme has also enabled thousands ol youngsters lo lind routes Into education, Iraining and employment wllh volunleorlna bolng a koy compononl. Ong ol Ihe hlghllghls ol tho programmo Is tho annual Prgmlor Loague Kicks Cup which brings together all ol tha clubs lor a showplece loolball compelillon Involvlng hundreds ol vouna pooplo. PCC Exlra Tlme: Portsmouth City Councll have lunde<l some additional sesslons that mirror the elhos and outcomes ol Klcks. These are delivered in partnership with olhor local Youth Providers In Ihe city. Waterfront Re$toratlve Approaches PArtnor8hlp8: commlssloned by Portsmouth Medialion Servlce, Portsmouth City Councll and Ihe Police Crime Commlsslon8r. Tho outreach will be delivered by oursolvos, MOTIV8, URBOND and divorsSonary activities by Andrew Simpson Contro. Thls projecl wa5 designed lo prevent the regular summer lime anti social behaviour Sssues along the sea Ironl along the whole ol the soulh¢rn Coast or Porlsea Island. Offlce of the Pollce and Crlmè Commlsgloner: Funded by Hampshire's Police Crime Commissioner. using the power ol Portsmoulh Football Club. Pompoy in the Communily deliver two weekly looiball sessions across ¢¢nlral and soulhern Portsmoulh lo provide an opportunity lo deter from engaging with ooleniSal anll-so¢Sal bghavlours lor those aoed 12.17 across Hllsea, 8ransbury and Paulsorove. Premler League Prlmary Stars: Premier League Primary Slafs uses the appeal ol Portsmouih Football Club and the Promler Loague lo inspir¢ Childrgn lo laarn, be active and develop Important Ille skills We aSm lo inspire children aged 5-11 both in the classroom and on the sports lield. Tho PLPS resourcgs cover English, Malhs, PSHEIHealih and Well-being, and PE. They include flexible aclivily ideas. worksheels, lesson plans, assemblies, and exclusive videos, wilh PSHEIHeallh and well.being topics like resilignce, diversilv. sell-esleem. and lair Dlav Walklng Football: Walking Foolball Ss the perfect game lor people in later life. The threat ol pain, discomfort and injury is reduced due lo the combination ol a slowèr pace and reduced contact. This allows people who have loved the sport all their lives lo once again safely gel back lo playing. 11 also introduce5 the sport lo people who perhaps have never consid8red playing before. The social aspecl ol the group 15 vital lo ils members and has Droved an invaluable suooort mechanism. Pompey Pedals: is an inclusive cycling project that aims lo provide a bicycle that everyone can use. regardless ol Iheir additional needs or abllily. Some bikes are handlebar pedaled. some have a space lor a wheelchair lo sil on the Ironl and many are tandems. The projecl is run almost entirèly by volunteers and we now have over 200 unioue users each week. Page 4
Academy Educatlon.. Portsmoulh FC'S boys Academy scholars are laughl their BTEC curriculum by PITC lulors whilst participating in their loolball scholarship with PFC. This demonslrales the importance ol education alongside loolball development, ensuring players maintain their academic sludies Adult Pan-dlsablllty football: sessions are open to individuals with various physical andlor learning needs ol all abilities and experiences, aged 16 and over, looking lor a lun environment lo develop Ihair love ol loolball. Players can also participate in Ihe Easlleigh Disability Football League, with lixtures taking place monthly on Sundays. Bluesablllty: Adults with vafSous physical andlor learnlng needs spend a morning wilh PITC particlpaling In a variety ol a¢livilies and sports. Emphasls is placed on socializlng and bulldlng relallonshlps. Flt Fans: is a free programme funded through Portsmoulh Ciiy Councll lor adults who ar8 looking lo lose welghl and lead a more activè Ille. Premler League Insplre$'. uses th8 power ol loolball lo Snspire young people aged 11-18 al risk of not reaching their polenlial, lo develop the personal skills and positive attitudes needed to succeed in lile. Premier League Inspires empowers participants to develop personal, social, employability and lile.skills, through a serles of regular lace-lo-lace group sesslons, mentorlng, workshops and soclal-acllon projects, providing pupils with Ihe help they need now and supporting them lo plan lor their lulure.
POMPEY IN THE COMMUNITY REPORT OF THE TRUSTEES FOR THE PERIOD ENDED 31 AUGUST 2024 Equality, Dlverslty and Incluslon: our EDI ¢oordinalor proactively in onsuring our all projects, programmes and activities are accessible and open to everyone, regardless ol gender, sexuality, elhnicily, ability or disability, lailh or age. Reserves pollcy ReseNes are needed lo bridge the gap between spending and receivlng resources, lo plan lor any emergency or other expenditure that may be necessary from lime lo lime. The Trusloos consider that tho ideal level ol reseeS al 31 sl August 2024 is £250,000, being based on the Charity's ability lo cover four month's nel running costs in Ihg èvenlualily that gen6ral lunding is consSderably reduced due lo Ihe currenl economic gnvironmenl. We are currently holdlng more than that amount so Ihe Trustees ale conlldenl w8 have the requlred and necessary Reserves. Revlew ol the year Sep 2023 Clare Martin. CEO. visit MK Dons lo briel Stadium Manager on Pompey's Fans referral project lo rehabiliiale Ilrsl 1Sme loolball ollenders, negating the need lor prosecution based on Pompey In tha Communily's Award-winnlng project Irom 2019. Th8 prèsenlalSon Is prSor lo ils PL funded roll oul nallonally lo bolh EFL and PL pllol clubs. 0¢12023 Pompey Sn th8 Community 8nler over 30 runners In Portsmoulh's Great Soulh Rur¢ Nov 23 PITC announce partnership with Ells who wlll provide all sanitary goods, Sncluding hand drlers. branded welcome mals, sanilary bins elc., as well as weekly servicing, lor the John JenS(ins Stadium Nov 23 Veolia's lunding contribution leads lo the ¢ompl81ion ol th8 5.a.slde MUGA al The John Jenklns Sladlum Nov 23 CEO attends EFLT conference whlch, lor the flrsl Ilme, Is jolnlly attgndgd by Club CEOS lor lolnl workshops and Input. Dec 23 The Portsmoulh Phllharmonlc Orchestra pul on a conc8rl to raSse funds lor PITC Dèc 23 CEO attènds lunch w51h Ihe Archblshop ol Canlerbury lo explore how ¢ommunily leaders Sn Portsmoulh can work posliively loaelher lor the oood ol the ¢ily and thè communS1i8s we serv8. Jan 2024 Hampshlre Flags announce partnership with PITC lo provlde Ilags and brandlng lor the John Jenkins Sladlum March 2024 CEO visils Parllamenl wSlh Marlon Pack, shortllsled lor Community Player of the season Aprll 2024 PITC host Ihe regional Kicks lournamenl allend by over 16 clubs from the reglon May 24 Participate in the Arnhem Cup- the three glrls teams were all victorious in their age groups along with one ol thè boys teams. May 24 PITC the first Chairty Match al Ihg John Jenkins stadium between Pompey Legends and Global Kickers, an Auslfian celebrity team. Ils hoped this will be the first of an annual event with the nel mat¢h played in Austria. Jun8 24 Walk the Island- ovor 100 Pompey Fans walked round Portsea Island lo ralse a staggering £32,000 lor Pilc towards littina out the new community calé al Ihe John Jenkins Stadium. Juno 24 CEO allends Dan Freedman's book launch in London "Fifty Ways Into Foolball" She fealures in thè book as CEO ol Club Community Orqanisalion. Plans for the fulure We are continuing lo work on the construction ol the John Jenkins Stadium and the completion ol the classrooms and community calé. We are hoping lo be able to lully occupy tho facility ready lor the 2025126 season. We will then move as much ol our delivery onlo the new sile as possible and offer new programmes in our current lacility on Anson Road. Page 5
POMPEY IN THE COMMUNITY REPORT OF THE TRUSTEES FOR THE PERIOD ENDED 31 AUGUST 2024 Rlsk Management "Pompey in the Communily consider our principal risks lo be the League Position lor demolionl ol our affiliated club which would make us ineligible lor many ol our current funding streams. Other f15ks include Health and Safely risks with stall working oul in Ihe community. ollen wilh vulnerable young people. We keep an extensive risk register which considers all manner ol Finance, Health and Safety, Transport and Travèl, HR and Security risks. We also keep a separate "project based" risk Register lhal10gs, projact by project, potential risks lo the busSness. We visit both Flisk Registers on an annual basls lo ensure they're up to dale and Consider how to manage Ihose risks within our control and miligale those that aren'l. We are also very aware ol the current risks involved in the building ol our new facility. The increase in construction costs and unexpected additional cosls have meant that our original lunding allocated wonl complele the whole facility. Howevei, we are working with lunders lo work through lo secure sullicienl lunding lo complete the lacility lo enable us lo ulilize tho whole facility for the 2025126 season.- Key Management Personnel Pay is sel throughout the organisalion dependent upon ouallllcatlons, experience and responslbilily as well as incremental rises which rellecl lim8 served within the organisalion. We have a subcommillee ol the Trustees 8oafd that considers remuneration and we also consult with external experts to provide insight and an independent viewpoint. The Truslees sel the pay ol a small, delined group our most senior managers, and those managers are18lt lo determine pay lor the re51 of the stall. Page 6
POMPEY IN THE COMMUNITY REPORT OF THE TRUSTEES FOR THE PERIOD ENDED 31 AUGUST 2024 Staternent of Trustees Responslbllltles The Iruslees Iwho are also the directors ol Pompey in the Community lor the purposes of company law) are responsible lor preparing ihe Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Klngdom Generally Accepted Accounting Pra¢licel. Company law requires the Iruslees lo prepare financial slalemenls for each linancial year whlch gSv6 a true and lair view ol the slate ol allairs ol the charitable company and the group and of the incoming resources and application ol resources, including the in¢om8 and expendilufe, ol Ihe charitable group for that period. In preparino those linancial slalemenls, the Iruslees are required lo select suilable accounting policies and then apply Ihem consislenlly,. observe the methods and principles in Ihe Charity SOFIP., make judgements and eslimales Ihal are reasonable and prudent., stale whether applicable UK accounting standards have been followed, subject lo any material departures dlsclosed and explalned In the financial slalemenls., prepare the financial slalemenls on the going concern basis unless11 Is Inappropriate lo prosume that tho chafilable company wlll continue in business. The Iruslees aro responsibl6 lor keeplng proper accounting records which disclose wllh reasonable ac¢ura¢y al any lime the linancial position ol the charitable company and lo enable them lo ensure that the financial slalemenls comply with the Companies Act 2006. They are also responslble lor safeguarding the assets ol the charitable company and hen¢8 lor taking reasonable steps lor the prevention and detection ol fraud and other Irreaularilies. In so lar as the Ifuslees are aware: there is no relevant information, being inlormalion needed by tho auditor In connection wilh preparing Ihelr raport, ol whlch the group's audilor is unaware, and the Iruslees, having made enquirie5 01 lellow directors and Ihe group's auditor that they ought lo have indlvldually taken, have oach taken all steps that they are obllged lo lake as a director In order lo make themselves awar8 01 any relevant audit information and lo eslablish that the audilor is aware ol that inloimalion. On Behalf ol the Board: BERNADE E TOPHAM Dale.. 70Sy5 Paga 7
REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF POMPEY IN THE COMMUNITY Oplnlon We have audited the financial slalemenls of Pompey in the Community and ils subsidiaries lor the period ended 31 August 2024 on pages 11 to 28, which comprise the Consolidatèd Slalomenl of Financial Aclivilies, the Group and Charity Balance Sheets and Cashllow Slalemenls and notes to the financial slalemenls, including a summary ol signilicant a¢¢ounllng policies. The financial reporting IramewoTk that has been applied in Iheir preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard FRS 102 'The Financial Reporting Standard Applicable In the UK and Republic ol Ireland, (United Kingdom Generally Accepted Accounling Praclicel. In our opinlon the financial slalements,. give a true and lair view of the slal@ ol the group's and the parent charilable companys affairs as at 31 August 2024 and ol the group's incoming resources and application ol resources, including ils income and expenditur6, lor the year then ended., have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice.. and have been prepafed In accordance with the requlrements ol the Companlas Act 2006. Basls lor oplnlon We conducted our audit in accordance with Inlernalional Standards on Auditing IUKI IISAS IUKII and appll¢able law. Our responsibililies under Ihose standards are lurther described in the Auditors responsibilities lor the audit ol the financial slal8m8nls section ol our report. We are independent ol the group and parent charity in accordance with the elhlcal requlremenls that ar8 relevant lo our audit ol the linan¢lal slalemenls In Ihe UK, Including the FRC'S Ethlcal Standard, and we have lullilled our other ethical responslbililles In accordance with Ihesa requirements. We believe Ihal Ihe audil evidence we have obtained is sullicienl and appropriate lo provide a basis lor our oplnion. Concluslons relallng to golng ¢oncern In audiling the linanclal slalemenls, wo have concluded that the Iruslees, use ol Ihg golng concern basis ol accounting in the preparation ol Ihe financial slal8menls is appropriate. Based on the work we have performed, w6 have nol Identified any material un¢ertalnlies relallng lo events or condillons Ihal, individually or coll8clively, may cast sSgnillcanl doubl on the charilable company's abilily lo continue as a going concern lor a period ol al least twelve months from when the financial slalernenls are aulhorlsed lor Sssue. Our responsibilities and the responsibilities ol the Iruslees with respect lo going concern ar8 described in the relevant sections ol this report. Other Informatlon The Irusleas are rasponsible lor the other information. The other information comprises the information included in the annual report, other than the financial slatemenls and our Report ol the Independent Auditors Ihereon. Our opinion on the linanclal slalemenls does not Cover the olher information and we do not express any form ol assurance conclusion thereon. In Connection with our audit of the financial stalemenls, our responsibility is lo read the other inlormalion and, in doing so, consider whether the other information is materially inconsislenl with the financial slalements or our knowledge obtained in the audit or olheNise appears lo be materially misstated. If we identify such material inconsislenci8s or apparent material misstalemenls, we are required lo determine whelher there is a material misslalemenl in the financial statements or a material misslalemenl ol the other information. 11, based on Ihe work we hav& perlormed, we conclude that there is a material misslalemenl of Ihis other inlormalion, we are required lo report that fact. We have nothing lo report in this regard. Page 8
REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF POMPEY IN THE COMMUNITY Oplnlon on other matters prescrlbed by the Companles Acl 2006 In our opinion, based on the work undertaken in the course ol the audit.. the information given in the Report of the Tru51ees for the financial year lor which the financial slalemenls are preparèd is consistent with the financial slalemenls., and the Report of the Truslees has been prepared in a¢¢ordance with applicable legal requirements. Matters on whlch we are requlred to report by exceptlon In the light ol tha knowledge and understanding of the group and ils envlronmenl obtained in the course ol the audit, we have not identified material misslalemenls in the Report ol the Trustees. We have nolhing lo report in respect ol the lollowing matters where the Companles Act 2006 requires us lo report lo you il, in our opinion.. aaequaie accouniing recoras nave noi Deen Kepi or reiurns aaequaie lor our auaii nave noi Deen received from branches not visited by us; or Ihe financial slalemenls are not in agreement with the accounting records and relurns; or certain disclosures ol Iruslees, remuneration specified by law are not made., or we have not received all th8 information and explanatlons we requir8 lor our audit; or th8 Iruslees were not enlilled lo lake advanlag8 ol th8 small companies ex8mption from the requlfemenl lo prepare a Slralegic Report or in preparlng the Report ol the Trustees. Responslbllltles ol trustees As explained more lully in the Slalemenl ol Trustees Responsibilities set out on pag& 7, the trustees (who are also the directors ol the charitable company lor Ihe purposes ol company law} are responslble lor the preparalion ol the Ilnanclal slalemenls and lor beSng sallslSed that Ihoy glve a true and falr view, and lor such internal Control as the Iruslees determine is necessary lo enable Ihe preparation ol financial slalemenls that are free from malerlal misslalemenl, whether due lo fraud or error. In preparing the financial slalem8nls, the Irusle8s ara responsible lor assessing the group and par8nl charity's ability lo continue as a going concern, dlscloslng, as applicable, matters related lo going concern and uslng the golng concern basls ol accounting unless the Iruslees either Snlend lo Ilquldale the group or parent charity or lo cease operations, or have no realistic allernalive bul lo do so, Our responslbllltles lor tha audlt of the Iln8ncl81 statemenls Our objectives are lo oblain reasonable assurance aboul whether the financial slalemenls as a whole are Iree from material misslalemenl, whelhei due lo fraud or error, and lo issue a Report ol the Independent Audilors that Includes our oplnion. Reasonable assurance Is a hlgh level ol assurance, bul Is not a guarantee that an audit conducted in accordance with ISAS IUKI will always delecl a malerlal mlsslalement when It exlsts. Misstalemenls can arise from fraud or error and are considered material il, individually or in the aggregale, they could reasonably be expe¢led lo influence the economlc decislons ol users taken on th8 basis ol Ihese financial slalemenls. From discussion with management and those charged with governance Informallon about tha entity is documented lo assess the activity within the oroanisation. We discuss rnanagemenl's assessment of risk in respect ol Irregularilles, Iraud and going concern. Based on these discussions and our own assessments we determined that the key risk areas were income recognition in respect of cul off issues and management override concerning the size ol the organisalion. We sel financial slalemenl materiality level based on the level ol income. As a not lor prolil organlsalion raising income is ils primary focus which is why income was used to determine the level ol malerialily. Our overall assessment ol risk was used lo determine performance malerialily al an appropriate level. Subslanlive audil lesls were designed alter assessing and performing walklhrough lests. The walklhrough testing confirmed documented syslems which have been designed to act as a prevenlalive measure againsl fraud and error which appear lo be operating as documented. Subslanliv8 lesling lested a sample ol the population, represanlalive ol the population, lo idenlify errors. The testing did not identify any material misstatements in areas lesled. Page 9
REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF POMPEY IN THE COMMUNITY Audit subslanlive lesls concluded no material errors over the key risk areas of income recognition and management override. The audit ¢onsiders the organisalion is not exposed lo material risk of error as a result ol assessing laws and regulations Ihal are appropriate lo the organisalion. A further description of our responsibililies for the audil ol the financial slalements is located on the Financial Reporting Council's website al 1.1rC.org.ukJaudi1QrsYespQnSIbIIi1Ie$. This d8scripiion forms part ol our Report ol the Independent Audilors. Use of our report This report is made solely io the charitable company's members, as a body, in accordance with Chapter 3 01 Part 16 01 the Companies Act 2006. Our audil work has been undertaken so that we might slate lo Ihe charitable company's members those mallers we are requlred lo stale lo them In an auditors, report and lor no other purpose. To the lullesl exlenl permilled by law, we do nol accept or assume responslbilily lo anyone olh8r Ihan the group and the parent charity and the charilable Company's members as a body, lor our audit work, lor this report, or lor the oplnions we have formed. Paul Undewod lor and on behalf ol MC Audil Limited Slalutory Audilors Slalion House North Street Havanl Hampshlre P09 1QU Dale: 29 May 2025 Page 10
POMPEY IN THE COMMUNITY CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES <INCORPORATING A CONSOLIDATED INCOME AND EXPENDITURE ACCOUNT) FOR THE PERIOD ENDED 31 AUGUST 2024 Unreslricled funds Reslricled funds Total 2024 Total 2023 Notes INCOME FROM Donations and legacies 253,602 1,595,389 1,848,991 1,407.723 Charllable actlvltle8 Sports and edu¢alion 714,859 457,193 1.172,052 1,021,374 Other tradlng actlvltles Other trading aclivilies Investment income Commercial trading operations 1.366 44,933 1,366 44,933 855 68,723 Total 1,014,760 2,052,582 3.067,342 2,498,675 EXPENDITURE ON Ralslng funds Commerclal tradlng operalions 12,834 12,834 13,580 Charllable acllvltles Sports and education 1,012,706 529,967 1,542,673 1,447,530 Total 1,025,540 529,967 1,555,507 1,461,110 Net Incomel(expendSturel 110,780} 1,522,615 1,511,835 1,037,565 Transfers between funds 20 Taxatlon (tradlng 8ub8ldlary only) 10 Nel movement In lunds {10,7801 1,522,615 1,511,835 1,037,565 RECONCILIATION OF FUNDS Total funds brought foNiard TOTAL FUNDS CARRIED FORWARD 1,706,553 3,800,498 5,507,051 4,469,486 1,695,773 5.323,113 7,018,886 5,507,051 Page11
POMPEY IN THE COMMUNITY CONSOLIDATED BALANCE SHEET FOR THE PERIOD ENDED 31 AUGUST 2024 Group 2024 Group 2023 Charity 2024 Gharily 2023 Notes FIXED ASSETS Tangible assets Investments 14 15 8,973,802 6,484,075 8,972,681 6,484.075 8,973,802 6,484,075 8.972.682 6,484,076 CURRENT ASSETS Debiors Cash al bank and In hand 16 122,161 339,333 157,551 270,553 428,104 134,875 283,282 418,157 194,598 225.402 461,494 420,000 CREDITORS Amounts falling due within one year NET CURRENT ASSETS 17 12,154,870) 11,693.3761 11,152,108) 12,110.7821 11,144.358) 1724,0041 11,692,625) 1724,3581 TOTAL ASSETS LESS CURRENT LIABILITIES 7,280,426 5,760,071 7,280,057 5,759,718 CREDITORS Amounls falling due in more than one year NET ASSETS 18 1261,5401 7,018,886 1253,0201 5.507,051 1261,5401 7,018,517 1253,0201 5,506,698 FUNDS Reslrioled funds Unreslricled funds 21 21 5,323,113 1,695.773 7,018,886 3,800,498 1.706.553 5,323,113 1,695,404 3,800,498 1,706,200 5,506,698 TOTAL FUNDS 5,507,051 7,018,517 The linan¢lal slalemenls were approved by the 8oard ol Trustees ou. .I'..ky 2S and were sSgned on Sls bahall by,. BERNADE TE TOPHAM ANDREW CUL Pompey in lh8 Community, Registered in England and Wales No. 06676203 Page 12
POMPEY IN THE COMMUNITY CONSOLIDATED STATEMENT OF CASH FLOW FOR THE PERIOD ENDED 31 AUGUST 2024 Group 2024 Group 2023 Charity 2024 Charity 2023 Notes Cash flows Irom operatlng 8Ctlvltle8 Cash generated from operations 26 2,584,354 1,272,182 2.565.061 1.272,400 2,584,354 1,272,182 2,565,061 1,272.400 Ca8h flows from Invostlng actlvlll88 Inleresl recelved 1,366 1,366 12,516.9401 12.116,4031 12,508,547) 12,116,403) 855 855 Purchase ol langlble Iix6d assèts Cash provlded by (used Inl Investlng acllvltles 12,515,574) 12,115,548) 12,507,181) 12,115,548) Change in cash and cash equivalents in Ihg feportbng period 68,780 1843,3661 57.880 1843,1481 Cash and cash eqLtival8nls al the beglnning ol tho reporting period 270,553 1,113,919 225,402 1,068,550 Total cash al the end ol the y8ar 339,333 270,553 283,282 225.402 ANALYSIS OF CHANGES IN NET {DEBT)IFUNDS Al 01.9.23 Cash flow Ai 31.8.24 Net ca8h Cash al bank 270,553 68,780 339,333 270,553 68,780 339,333 Debt Dcbls lalling due aller 1 year 1253,0201 18,5201 1261,5401 1253,0201 18,5201 1261,5401 Total 17,533 60,260 77,793 Page 13
POMPEY IN THE COMMUNITY NOTESTO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 AUGUST 2024 ACCOUNTING POLICIES Accountlng Convontlon The financial 5tatemanis ol Ihe charitable company, whleh Is a public benefit gnilty under FRS 102, have boen prepared in accordanco wilh Accounllng and Roporting by Charities.. Slalornenl ol Recommended Pracllco appllcable lo charilles proparing Ih¥Jlr accounts in accordanco with Ihe Financlal Roportlng Standard appllcable In the UK and Republic ol Ireland IFRS 1021 lolleclivo 1 January 20191- ICharilio5 SOFIP IFRS 10211. and Ihe Companles Acl 2006. Golng Concern Pompoy in the Communlty Ss prooresslng th Ihg davelopmonl ol a slale-ol-lhe-art 5POrts laclllty dgslgned lo serve tha communily ol Portsmouth and Iho suiiounding aroas. Phase ong ol Iho project was succosslully complolod and olliclally handod ovor In Juno 2024. Tho current laelliilos Include fft lull-sSzod 3G pllchos. lully equlppod changing rooms, and assocSated Inlraslwclurg lo maxlrnls8 usag6. Additional arnenitles Include a bar and lunclion room iemporarily located In a spaco Ihal will ovonluully soNo as a dodicalod dancoldrama sludio-a boxing oym. and a loa hul ollering relroshmonls during pitch a¢iivitios. Theso laellllles nol only enhanco communlty ongagemoni but also ggngralo rgvonue lor tho charlly. reduclng tho nood to h5re exlemal venu85 and eontribullng lo long.tgrm cost savlngs. Ellorts 10 50curo tho nocossary lundino lor Iho complolion ol the buSldino aro ongolng. Tho Irusloos. In collaboration with Ihe organi5315on's sloll, aro acllvely pursulng addllional linanclal support. Cornprohenslvo Ilnanclal prolocllons havo boon developed and rigorously stress-leslod. Thgs9 projections dtmonslralg that Ihe charity Is posS1ioned lo mg91 lulure dabt obligalion5, lund working capital rvquliemgnls. and continue dèlivoring 95Sgnlial servic86 10 ils bgnellciarS9s, In15ghl ol Ih959 laclors, thè Trustees are conlldenl Ihal th& necessary lundlng 11 bo sacur8d and that Ihg organi50tion rernalns Ilnanclally suslalnable. Ac¢ordSn9ly, thè linanelal slalemgnls havè baon prèpared on a goSng Gonoern bas16. Group Ilnancl818lalemerbls Thoso linanclal 51alomonls consolldale lh& rgsulls ol the charlly and 11$ wholly owned subsldlary, Pompèy Foundation Tradlng Cornpany Llmlted, On a Ilng by Ilne basis, A separalg slateTn8ni ol linanclal aclSvlllos and Incom8 and expendllure account are not presented lor Ihè charity Ilsell lollowlng Ihe èxempllons allorded by sgcllon 408 01 the Cornpanles Acl 2006, Incomlng r•80urceffj Ineomo Is reccgnlsgd when Ihè charlty has gnllllgmonl lo Ihè lundg, Any pgrtormancè condlllons attached lo Ih911gm5 01 Income have be9n mgt,11 Is probable that tho Income VAII be recelved and Ihg arnounl can be mgagurgd rgllably, Incom8 from government and olher oranls, whether 'capital' grants or 'revgnuo' gran15, 5$ facognlsed when the charily has enlillemenl lo Ihe lunds, any pertormance condlllons allachèd lo Ihe uranls have been m81, 11 Is probable that Ihg Incorne will bo rocolvod and Ihg dmounl can bo moasured roliably and Is not dolorrod. Income Irom charilable acllvllles Includes Income recelved under Gonlracl or ¥there enli11gmgnl 10 gfanl ILJndSng Is sublgcl lo specilic perforrnancg condillon$. Inl8r891 on lunds hgld on deposll Is Included when recaSvabl8 And the amounl can be measured reliably by the charity; Ihls Is nomially upon noiillcallon ol the Inlorosl pald or payable by the Bank. Ineomè is only deferred when.. The donor spocilios Ihal Iho grant or donaiion musl only bè used in lulurg accounting periods., or Thg donor has Smposed conditions whlch musl be mel belore the charity has uncondlllonal enlillemenl. Page 14
POMPEY IN THE COMMUNITY NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 AUGUST 2024 ACCOUNTING POLICIES- contSnued Volunleers ond donated sep4lces and lacllltla$ The value ol services provided by volunteers is not incorporaied into these financial slalemenls. Where seNices are provided lo the charily as a donation that would normally be purchased from our suppliers. this contribution is included in the linaneial slalemenls al an eslimale based on Ihe value ol Iho contribution lo the charity. Resources expended Llabilllles are recognised a5 oxpenditure as soon as there Is a legal or conslruclivo obligailon commllllng the charity lo Ihal expenditure. il Is probable that a Iransler ol economic benelils will be requirèd in selll¢menl and tho amount ol Ihe obligation Can be moasured reliably. Expondiluro is accounled lor on an accruals basis and has been classi1S¢d und&r headlngs Ihal aggregal¢ all cost related lo the calegtsry. Whar8 costs cannot be directly attribulod lo particular headings Ihoy have been allocated lo aclivilies on a basis ¢onsislenl wilh Ihe use ol resources. Costs ol generallng funds are those costs Incurred In allracllng voluntary Income. Charitable acilv5118s In¢ludg expendllure assoclaied wilh provldlng sport and ¢du¢allon lo the charity's beneliciaries. Govornance costs Includo those Incurred Sn thè gov¢rnan¢e ol Ihe charSiy and ils assets and are prSmarily associaled with ¢onslilulional and slalulory requSrgmonls. Support costs Sncludo ¢enlral luncllons and have b$en allocated lo acilvliy cost Calegorlgs on a bas15 consislenl wilh th& use ol resource5. Irrecoverable VAT All rgsour¢as expended aro cla5silied undgr aclivily headings that aggregale all costs relaled lo the ealegory. Irrecoverable VAT Is charged against the category ol resources expended lor whlch11 was Incurred. Tanglble Ilxed 888el8 Depreclallon Ss provld8d al the lollobrfng annual ralgs In order lo wrlie oll each assel over Its 8siSmaied useful Ille. Leasohold proporty Loasehold Improvom8nls Fixtures, littings and olllca equSpmeni Sports equlpmgnl Moior vohlclgs 20/0 slraighl line 200/ti slralghl line 20Vo and 33P/• slralghl Ilne 20D/o slraighl line 209/• r¢du¢lng balance Tanglble Ilxed assets ¢0511ng £500 or more are ¢apllalls8d al cost. Tèxallon The charily is oxempl Irom corporallon lax on ils charitable acilvliies. Corporalion lax is payable by the trading company on Ils laxablo profits. Fund a¢¢ounllng Unroslricled funds Can be used Sn accordance with Ihg ¢harilable objeclivos al Ihe dlscrelion ol the Irusleos. Reslricled funds can only be used lor partlcular r¢slrfcled purposes wlihln tho oblecls ol Ihe charity. Resiri¢lions arise when speciliod by the donor or when lund$ are raised lor particular ieslri¢led purposes. Further explanallon ol tho nalur¢ and purpos8 01 each lund is In¢luded In the noiès lo Ihe Ilnanclal slalemenls. Page 15
POMPEY IN ThÉ COMMUNfrY CONSOLIDATED STATEMENT OF FINANCIAL ACTIVIMES IINCORPOFIAMNG A CONSOLIDATED INCOME AND EXPENDITUFIE Accoupm FOR THE PEFIIOD ENDÉD 31 AUGUST 2024 ACCOUNTING POLICIES. Contlnuod Hlro purch#s• fynd 1•8slng cornmllmenti Assets obiainod undor hiro purchase coniraeis or linanco loases are capiialisod In lh8 balance Sheet. Yhoso held under hir& purchase conlracls aTg dopro¢iE%iod Ovof their eslimaled us01ul Iivos. Those held under Iinanco loasos ala depreciBled over Ihoir QSllm&iod useful livos or Iho loaso lorm. %¥hl¢hovoi is Iho shorter. Tho 5fjiorosi olomonl ol Ihoso obllgDlions Is eharood Io iho $18iomont ol IInanel aciivliios Or Iho rolovanl porlod. Tho capliol olomonl ol Iho lulufo paymonls is Iroalod as ts InlIty. Ronla15 pald undtsr opoiaiiw loasos aro char9od 10 tho siaiomonl ol IlnDnclal Beiivlllos on a siialahl Ilno bo$ls ovor Iho porlod ol tho loaso. P•nJlon• colli and olher po•t.r¢iir•m•nl bgnfrllt8 Tho churilablo company opoiaios a dollnod conlllbulion ponslon $¢homo. can1r1lSOnS paya0 lo Iho ¢hDriiablo companls ponBlon schomo oro chaigod lo Iho Slalom•ni ol Financial Acliv11105 In Iho yriod10 whlch Ihoy rolalo. Fln•n¢lal In•trvmoni• Tho churity only oniors Inio baslc Ilnan¢ial in51rumoDI$ IfansAcilon$ Ihul rosull In tho iocopnllion ol Ilnnnclal Dsso15 and lia11109 Ilko Irodo and Olhoi accounlB rocolvGblg and payaLle invo$lmonls In stocks and sharo8. Thg mop8uromonl baslg usod lor Ihoso IlnDnclul ID$irumonis1g dolllllod bo10w. D•bt¢r• & caih it bink Trado Lnd olhor dobiors aro rocoon150d 81 tho settlomoni omounl duo tsiitsr any Irado discovnl ollofod. Piopaymonis Aio valued Al Ihg umounl propald nol ol any liado rllscounls ¢uo. Cash al bank Dnd In hand Includos cllsh hold on doposli or In a curronl aonI. Cf•dllor• •nd provlJlon# Crodilofs and previ5ions aio foeoonlBod whoro tho eharity has a pre8onl obligallon rè•ulllr¢ Iiom a past 9¥gnl IhBI 11 piobably iosuli sn Iho Ifansloi ol lun¢s lo a Ihlid party tsnd Iho omouni duo lo sottlo tho eblloaiion con bo rnOBsuiod 0¢ •Sllmale¢J rollably. Cfodilois tsnd provisions aro noimolly rocognisod ai Iholr solllornoni amouni aiior Ollong lor any Irado Jlscounis dvo. FINANCIAL ACTIVITIES OF THE CHARITY Tho Iinanclll1 llcll¥i1S0$ shown In the consolldalod slaièmoni Inclu¢Jes Ihow ol Ihtr chaiily's vtholly owned Bub¥ldlBry, Pempoy Foundollon Tiadino Company Llmliod. A sumrnory ol tho IinDn¢iAI aclivilles unooflgkon by Iho chaiity IB sol oul bolow.. 2024 2023 Toinl Incomlng rosouicos Tolal oxpondiluro on chorllable 8cllvillo¥ Nol oulgolno rogour¢oB 3,054,492 11,$42,6731 2.485.098 11,447.5371 1,037,561 ToiAI lunds brojohl lofwaid rolal lund$ carrlod lorwaid 5.506.698 4,489,137 7.018,517 5,506,69B Agprosonlod by., A051riclod funds Unioslrlclod lund5 5,323.113 1.69S,dlOd 3,800.498 1,706,200 7,018,517 5.506.698 Pago 16
POMPEY IN THE COMMUNITY NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 AUGUST 2024 INCOME FROM COMMERCIAL TRADING OPERATIONS The eharity's wholly owned Irading subsldlary, Pompey Foundatlon Tradlng Company Llmiled. whlch Is Incorporated In England and Wales, pays all bul a small proportion ol Ils prolils lo Ihg charity. Pompey Foundalign Trading Company Limited receives sponsorship ènd unéertakes other activitl8s such as stadium tours. The following is an exlracl ol tho linancial 51alemenls ol Pompgy Foundation Trading Company Limited lor the period ended 31 August 2024.. 2024 2023 Turnover Cosl ol sales and adminislralive exp?ns¢s Profil belorg lax Corporallon lax (see note 101 Profil Itor lax Prolits disiribuiod lo tho charity Retained in subsidiary Tho assols and liabililigs ol Iho subsidlary wero.. Flxed assets Current assels 44,933 112,8341 32,099 68,723 113.5801 55.143 32,099 132,0831 55,143 1SS,1431 1,122 80,873 181,6231 372 62,252 161,8961 356 N81 assels Aggregate sh8re capilal and roserves 372 356 INVESTMENT INCOME All inveslrnenl incofno is derived Irom cash deposits hald wilhSn Ihe Unlied Klngdom. DONATIONS AND LEGACIES 2024 2023 Donallons Donalod goods and seNices L8oacles Grants 278.098 129.015 142,216 85,200 1.441,878 1,180,307 Donated good9 and servlcos r¢lale lo 98mo Ilckols and klls of £70,417 12023 . £30.5931. playor appoaranc05 01 £20012023 . £2001, PFC Inielleclual and comrnerclal rlghls 01 £24,20012023 . £22,965), advorilsing and marko1Sng 01 £50012023 - £5001, communications 01 £2.00012023 £2,000) and Evenl hlre cosls of £15.52312023 £15,042) provided lo the charilable company by Porlsmoulh Communily Football Club Limited wiihoul ¢harge during the year, Grants recelvgd Included In tho above, are as lollows.. 2024 2023 Youlh Inveslm8nl Fvnd Veolia Department for Levelling Up, Housing & Communities Football Foundalion Loughborough Colloge Tho Football Siadia Bluesability Portsmouth City Council Holwalls Fighl lor Peace 893,100 32,000 200,000 265.844 19.150 20,999 6,785 4,000 1,029,557 129,001 3,215 8,534 10,000 1,180,307 1.441.878 Page 17
POMPEY IN THE COMMUNITY NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 AUGUST 2024 INCOME FROM CHARITABLE ACTIVITIES Unreslricled funds Reslricled funds Total 2024 Total 2023 Skill training cenlres Advanced training cenlres Alter schoo1 clubs Holiday courses other courses and ¢oa¢hing Sn¢ome Primary School Sports Premier Loague Kicks National Citizen Service EmergSng Talenl Centre Sky Bel Kindgr Sport Mov8 & Lèarn PCC Exlra Time Junior Premier League P05116 Education Quality Improvement Fund Walerfronl Project Academy Education . LFE Foolball Fans In Training - EFL Every Player Counts . WNST LandseclGunwharf Covid 19- Emergency Cover PL Pompey Fans, Ambassador Miscellanou5 lees and incomg PCC FSI Fans Safer Communilles EFLT Lev61 Up A4A Total 19,925 9,970 59.192 222,952 94.356 19,925 9.970 59,192 222,952 99,449 100,000 100.000 8,680 25,000 10,000 20,939 19,391 116,742 162,256 20,000 6,862 23.596 19,050 2,644 59,418 178,710 88,317 100,000 110,287 34,195 5,093 100.000 100.000 8,680 25,000 10,000 20,939 19,391 22,610 29.345 102,028 138,857 20,000 116.742 162,256 20,000 6,862 23,596 22,341 15451 25,000 25,000 104 40,000 22,120 19,826 29,000 5,000 5,366 457,193 40,000 22,906 19,826 29,000 5.000 5.366 1,172,052 786 29,942 28.760 29,195 1,945 4,171 1,021,374 714,859 Page 18
POMPEY IN THE COMMUNITY NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 AUGUST 2024 CHARITABLE ACTIVITIES COSTS Support Direct costs expenditure (see note 81 Total 2024 Total 2023 Sports and educatlon Wages and salaries Subconlraclors and consullanls Venue hire Sports equipment Tickets and kits from Portsmouth FC Intellectual and commercial rights from Portsmouth FC Player appearance Costs Olher course costs Motor vahiclo hire and expenses Ollice equipment hire and maintenance Printing, postage and Slalionory Telophone Travel and subsistence Legal and prolessional 188S Premisos expenses Stall and volunle6r training Publicily and rnarkeling Keyfort Sundry expenses Bank and credil card charoes Bad debls Depreciation 447,154 73,615 140,917 13,881 70,417 379,179 2,840 3,000 826,333 76,455 143,917 13.881 70.417 877,182 23,067 139,394 25,790 30,593 29,975 29,975 200 117,854 51,367 19,661 15,588 8,246 10.238 12,900 50,969 2,405 13,354 19,440 11,244 27,753 224 20,252 28.465 200 97,955 57,299 13,606 11,645 15,299 10,195 8,101 38,202 2,099 11,720 19,440 5,498 15,880 {7,1961 23,096 200 101,338 28,463 7,964 1,498 868 7,268 2,500 20,521 2,004 1,482 16,516 22,904 11,697 14,090 7,378 2,972 10,400 30,448 401 11,872 19,440 7,702 12,709 3,542 15,044 224 1,346 18.906 940.244 602,429 1.542,673 1,447,530 SUPPORT COSTS Total 2024 2023 Management Governance Sports and edu¢allon 595,829 6,600 602,429 650,482 595,829 6,600 602.429 650,482 2024 2023 Governance costs Auditors. remuneration Auditors, remuneration non audll 5,004 1,596 6,600 5,004 1,596 6,600 Page 20
POMPEY IN THE COMMUNITY NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 AUGUST 2024 NET OUTGOING RESOURCES- GROUP Net resources are slated alter charging: 2024 2023 Auditors, remunerallon Auditors, remuneralSon - non audit work Other operating loases Depreciation - owned assets 5,004 1,596 11,552 26,067 5,004 1.596 52,472 23,093 10. TAXATION The company Is a reglslered charity and no provlslon Is consldered necessary for laxalion. 11. TRUSTEES, REMUNERATION AND BENEFITS No Iruslees, feceived remuneration or other benefits dtsring Ihe year ended 31 August 2024 nor lor Ihe period endèd 31 August 2023. Trusteeg. Expenses During the yoar no Iruslees12023: none) were relmbuised lor out ol po¢kel expenses. STAFF COSTS 12. 2024 2023 Wagos and salaries Social security costs Employers p8nsSon costs 728,714 66.578 31,041 800,331 61,981 15,158 826,333 877,470 The averag8 monthly number ol employees (lull lime equivalent} during Iho year was as lollows.. 2024 Number 26 2023 Numb9r 27 Charitable Support 35 35 One employee had annual emoluments ol morè than £60,000 per annum Ihls year12023'. NIII Page 21
POMPEY IN THE COMMUNITY NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 AUGUST 2024 13. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unreslricled Reslricled funds lunds Total 2023 INCOME FROM Donations and legacles 160,546 1,247,177 1,407,723 Charllable actlvllles Sports and educalion 668.065 353,309 1,021,374 Other Iradlng actlvltles Other Iradlng aclivllies Investment Income 855 855 Comrnercial trading opeiations 68,723 68,723 898,189 1,600,486 2,498,675 EXPENDITURE ON Ralslng lunds Commercial trading operations 13,580 13,580 Charltable 8cllvllles Sports and education 934,614 512,916 1,447,530 948,194 512,916 1,461,110 Net Incomel(expendllurel 150,0051 1,087,570 1,037,565 Translers between funds Taxatlon <tradlng subsldlary only) Nel movement In lunds 150,005} 1,087,570 1,037,565 RECONCILIATION OF FUNDS Total lunds brought forward 1,756,558 2,712,928 4,469,486 TOTAL FUNDS CARRIED FORWARD 1,706,553 3,800,498 5,507,051 Page 22
POPAPEY IN THE COMMUNsr NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 AUGUST 2024 14. TANGIBLE FIXED ASSETS- GROUP Fixturos, littlngs and ollice equSprnenl Asset Motor under vehlcles conslrucilon Lgasèhold prop6ty Sports equlpmonl Total COST Al 1 Sepi¢mber 2023 Additions Disposals Al 31 Auousl 2024 542,693 25,424 6,703 111,845 14,204 17.0201 45.600 6,168.944 2,496.033 6,894,506 2,516.940 17,0201 9,404,426 542.693 32,127 119.029 45,600 8.664,977 DEPRECIATION Al 1 Seplernber 2023 Chargo lor yoar Ellmlnalod on dlsposals 263,693 6,000 14,624 4.248 86,514 15.819 15.8741 96,459 45,600 410,431 26,067 15,8741 430,624 Al 31 Augusl 2024 269.693 18,872 45.600 NET BOOK VALUE Al 31 Augvsl 2024 273,000 13.255 22.570 8.664,977 8,973,802 Ai 31 August 2023 279.000 10,800 25,331 6,168,944 6.484.07S TANGIBLE FIXED ASSETS- CHARITY Fixtures, Asset Molor under v¢hlcles conslruGlion Leasehold propérty Sports equipment and olllc8 equlpmenl Tolal COST Al 1 Sèptember 2023 Addiilons Disposals Al 31 August 2024 542.693 23,774 6,703 111.845 5.811 45,600 6,168,944 2,496,033 6,892,856 2.508.547 542,693 30.477 117,656 45,600 8.664,977 9,401,403 DEPRECIATION Al 1 Soplornbor 2023 Charge lor ygar Eliminaled on dlsposals 263.693 6,000 12,974 4,248 86,514 9,693 45,600 408.781 19,941 Ai 31 Augusl 2024 269,693 17,222 96.207 45,600 428.722 NET BOOK VALUE Al 31 August 2024 273.000 13,255 21,449 8,664,977 8,972,681 Ai 31 Augusl 2023 279,000 10,800 25.331 6,168,944 6.484.075 Fixtures, fittings and ollice equlpmgnt inc1udos assets ioialling £nil12023'. £nill h¢ld under linance loase. Depreciation lo dale is £nll12023.' £nlll. Page 23
POMPEY IN THE COMMUNITY NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 AUGUST 2024 15. INVESTMENTS- CHARITY ONLY Inve51menls represent the chaiily's shareholding in ils trading company, Pompey Foundation Trading Company Limited {company no. 069309341, 011 ordinary £1 share. 16. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Group 2024 Group 2023 Charity 2024 Charity 2023 Trade debtors VAT Pompey Foundallon Trading Company Limited Other doblors and accrued income Prepayments 42,396 11,146 53,460 45,055 19,992 11,125 36,360 45,569 35,139 34,297 34,322 53,633 34,741 24,295 34,297 34,322 34,741 24,295 122,161 157,551 134,875 194,598 17, CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Group 2024 Group 2023 Charity 2024 Charity 2023 Trade creditors Qlher eredilors Soclal securily and other taxes Accruad expenses Deferred income (see below) 106.085 1,859,248 15,745 100,455 73,337 48,034 325,321 101,297 1,859,248 15,745 105,255 29,237 45,597 325,321 96,385 682.368 93,872 679,568 2,154,870 1,152,108 2,110,782 1,144,358 18. CREDITORS: AMOUNTS FALLING DUE IN MORE THAN ONE YEAR Group 2024 Group 2023 Charlly 2024 Charity 2023 Other creditors 261.540 253,020 261,540 253,020 261,540 253,020 261,540 253,020 DEFERRED INCOME Deferred income relates lo lundSng received from various lunders Ihal are lor a future accounting period. Group 2024 Group 2023 Charity 2024 Charity 2023 Brought forward Amount released lo incoming resources Amount deferred in year 682,368 {682.3681 73,337 50,377 150,3771 682,368 679,568 1679,568} 29,237 45,535 {45,5351 679,568 Carried forward 73,337 682,368 29,237 679,568 Page 24
POMPEY IN THE COMMUNITY NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 AUGUST 2024 19. SECURED DEBTS The following secured debts are included within ¢redilors'. 2024 2023 Loans 261,540 253,020 The long term liability is secured over the Leasehold Properly al Anson Road. The Interest free mortage is wilh Portsmouth Football Club who has a 10 year option lo acquire th8 properly at markel rate. 20. OPERATING LEASE COMMITMENTS Mlnlmum18ase payments under non-cancellable operallng18as8s fall due as follows.. 2024 2023 Explrlng.. Wllhin one y8ar 88tween one and live years 12,979 23,104 11,552 34,656 36,083 46,208 21. MOVEMENT IN FUNDS Analygls of unrestrlcled fund movemenls Balance at Al 1.9.23 Incoming resources Resources exp8nded Transfers Balance al At 31.8.24 General fund Designated fund - Pitch project 1,677,878 28,675 1,014,760 11,025,540) 1,667,098 28,675 An81ysls ol re8trlcted lund movemen18 Balance al Al 1.9.23 Incomlng resources Resources expended Transfers Balance al Al 31.8.24 Premier League Kicks Primary Stars Street Slrong Youth John Jenkins Sladium other Reslri¢ted Funds 210 276 102,514 100,000 1102,7301 1100,1741 16) 102 3,786.916 13,096 1,515,943 334,125 {38,939) 1288,1241 5,263,920 59,097 3,800,498 2,052,582 1529,9671 5,323,113 The transfers Irom restricted lo unrestricled funds relate lo funds on whlch restrictions have been satisfied and therefore are no longer considered lo be restricted funds. Reslricled funds in delicil all have sullicient funding in 2024125 to cover any shortfalls. Page 25
POMPEY IN THE COMMUNITY NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 AUGUST 2024 21 During the year, reslricled money was received from Pompey Foundation Trading Company Limiled, a subsidiary ol Pompey In the Community. As Inlragroup income and expendilure is eliminaled on Consolidation ol the group accounts the reslficled income is eliminated in the parent Charity and the unreslricled expenditure in the trading company is eliminaled, giving a fall in Ihe group accounts lo a lower restricted balance lor Ihls lund. Premler League Klcks: This project is part lunded through the Premier League Community fund. The emphasis is on sport lor social change and locuses on partS¢ipanls that wouldn'l olherwise be able lo alford lo attend. Prlmary Stars: Funded through the Premier League CommunSly Fund, this project aims lo mentor Primary School Teachers in PE delivery as well as providing resources lo deliver lileracy, numeracy and PHSE lor Primary Schools. Slreet Strong Youth: SSYP is delivered in partnership with Motiv8 and Active Communities Network across the clly ol Portsmouth. The prolecl provldes a number ol free aciivilles Irom sports. lilness, dance and youth clubs from spèclally qualilied stall. In addition lo the free sessSons, specialist youth engagement offices provide live support out in the cily alter school, engaglng with groups ol young people and sign posting them to ses510ns available to them whilsl also providing significant one lo one support lor young people in need. John Jenklns Sladlum: Fundlng towards the constructlon ol the John Jenkins sladlum. Other Restrlcted Funds: This relates lo reslrlcled lunds Ihal Indlvldually are not malorial. Page 26
POMPEY IN THE COMMUNrrY NOTES TO THE FINANCIAL STATEMEKrs FOR THE PERIOD ENDED 31 AUGUST 2024 21 MOVEMENT IN FUNDS Comparallvos for movemont In lunds Analysls ol unr88trlcted lund rnovomontg Balance al At 1.9.22 IneomSng resourcgs Resources expended 8alance al Al 31.8.23 Transfers Goneral fund O0slgnalod lund - Pitch prolecl 1,727,883 28,675 898,189 1948,1941 1,677,878 28,675 Anfily818 ol roslrlclod fund movement8 Balance al Al 1.9.22 Incomlno resour¢o$ Resources expended Balanco al Al 31.8.23 Tronsler$ Promler Loagu6 Kicks Primary Siars Slreel Strong Youlh John Jenkins Sladlum Other R9slri¢led Funds 12,S751 4,17S 100,000 100.000 197.2151 1103.8991 210 276 2,628,980 82,348 1.161,163 239,323 13,2271 1308,5751 3,786,916 13,096 2,712.928 1,600,486 1512.9161 3,800.498 22. ANALYSIS OF NET ASSETS BETWEEN FUNDS 2024 Total funds UnreslrScled funds Ro$lrieied funds Flxod assets Cuironl a5soIs 1.321.906 7,651,896 446,1 SO 15,344 172,2831 12.344,1271 5,323.113 8,973.802 461,494 12.416,4101 1,695,773 7.018.886 23. RELATeo PARTY TRANSACTIONS Portsmoulh Football Club The lollowSng Iran5a¢ilons look place wllh Portsmoulh Communlly Foolball Club Ltd IPCFCI a company wilh whlch Ihelg eilhar was or are common direGiors, and companies wilh whom the charily was or is linan¢ially d8pendenl'. 2024 2023 PCF Donated goods and 5ervlGQS provided lo Ihe charity 129,015 85,200 Amounts owèd Ibylllo tho charity al Ihe balanee Sheet Oale Additionally, Ihe charity Is also dèpendenl on the goodwll ol PCFC In allowing li 10 usè Ils brand inventory wilhoul charge. Page 27
POMPEY IN THE COMMUNITY NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 AUGUST 2024 23 The company has taken advantage of exemption, under the terms ol Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic ol Ireland,, not to disclose related party transactions with wholly owned subsidiaries wlhin the group. Transaclions between group entities which have been eliminaled on consolidation are not disclosed within thè financial slalemenls. 8Sscoes A company with a common Iruslee director and partner provided legal services lo the charity during Ihe year tolalling £22,51012023: £6,924). Al the year end, £2,64012023.' £nill was owed lo Biscoes. KSM Communlcatlons Llmlted A company wilh a common Iruslee direcloi provided glhernel charges lo the charily during the year lor a sum of £1,84612023: £8,543). Al the year end, £nil12023'. £nill was owed lo KSM Communications Limited. This Iruslee reslgned during the year. Nexgen Capllal Investmenls Llmlted A company with a common Iruslee dSreclor and partner provlded a loan lo Ihe ¢har51y lolalllng £250,00012023: £250,000). Interest on the loan In the year lola118d £12,76912023.' £2,711) 24. ULTIMATE CONTROLLING PARTY The charitable company Is und8r the conlrol ol ils members. No one m8mb8r has overall control ol the charitable company. 25. SHARE CAPITAL AND LIABILITY OF MEMBEAS The charitable company Is limited by guarantee and ils members have undertaken lo ¢onlrlbule to Ihe ass&ls ol the company in the event ol il boing wound up such amount as may be reqLJired not excoedlng £10. 26. RECONCILIATION OF NET INCOMEI(EXPENDITURE) TO NET CASH FLOW FROM OPERATING ACTIVITIES Group 2024 Group 2023 Charity 2024 Charity 2023 Net movement In funds Deprecialion charge Lossllprolill on dlsposal of Ilxed assets Inleresl received Ilncreaselldecrease in debtors Increaselldecreasel in creditors 1,511,835 1,037,565 26,067 23,093 1,146 1,146 11 ,3661 {8551 35,390 157,335 1,011,282 53,898 1,511,819 1,037,561 19,941 23,093 11,366} 59,723 974,944 18551 159,496 53,105 2,584,354 1,272,182 2,565,061 1,272,400 27. KEY MANAGEMEKf PERSONNEL The key management personnel ol the parent charity, comprise the Iruslees, the Chief Executive Officer, Head ol Finance, Head ol Sports and Coaching and the Commarcial and Marketing Manager. The total employee benefits ol the key management personnel ol the charity Ware £154,708 12023: £149.713}. 28. PENSION COMMITMENTS The charitable company oparales a defined contribution scheme. The costs lo the charitable company lor the year was £31,041 (2023: £29,128). At the yèar end tha charitable company owed £nil 12023: £nill to the scheme. Page 28
POMPEY IN THE COMMUNITY NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 AUGUST 2024 29. CONTINGENT LIABILITY- LEGAL DISPUTE WITH MONEYFIELDS FOOTBALL CLUB The ¢harily is curren15y in a legal dispute with MOneieldS Football Club regarding the calé operations al the John Jenkins Stadium. Moneylields seNed a legal letter claiming control ol the calé, alleging non.compliance wilh league standards. However. the charity disputes the validity ol this18iier, as it was not seNed lollowing propor legal proceedings. The charity has engaged legal advisors, Blscoes, lo resolve the maller and has r8sponded lo Moneyfields in delail. As ol the dale ol sioning ol the audit report, the maller remains unr6solved. and discussions are ongoing. Given Ihe uncertainties surfounding Ihe ca59 and ils oulcomo, no provision has been made in the financial slalemenls. Page 28