2023-05-31-accounts

			Page
Reference and administrative		details ofthe Charity, its Trustees and advisers
Trustees' report			2-7
Independent auditors'	report	on the financial statements	8-11
Statement offinancial	activities		12
Balance sheet			13
Statement ofcash flows			14
Notes to the financial	statements		15-33

Trustees			KRogers, Chair
			M Wild
			A Purssell
			C Tanks
			R Skirrow
			A Khan (resigned 23	June 2023)
			R Welch (appointed	23June 2023)
Company	registered
number			06625967
Charity registered
number			1126799
Registered		office	Molineux Stadium
			Waterloo Road
			Wolverhampton
			WV1 4QR
Company	secretary		Muckle Secretary Limited
Head ofFoundation			Will Clowes
Independent		auditors	Dains Audit Limited
			15Colmore Row
			Birmingham
			B32BH
Bankers			Barclays Bank PLC
			15Colmore Row
			Birmingham
			B32BH
Solicitors			Muckle LLP
			Time Central
			32 Gallowgate
			Newcastle upon Tyne
			NE1 4BF

				Unrestricted	Restricted	Endowment	Total	Total
				funds	funds	funds	funds	funds
				2023	2023	2023	2023	2022
			Note	K	K	K	K	K
Income and
endowments		from:
Donations and		legacies		159,112			159,112	130,646
Charitable activities				544,100	1,306,743		1,850,843	1,646,114
Other trading	activities			191,540			191,540	274,570
Total income		and
endowments				894,752	1,306,743		2,201,495	2,051,330
Expenditure	on:
Raising funds				187,289			187,289	105,428
Charitable activities				428,004	1,150,714	35,096	1,613,814	1,435,083
Total expenditure				615,293	1,150,714	35,096	1,801,103	1,540,511
Net movement		in
funds				279,459	156,029	(35,096)	400,392	510,819
Reconciliation		of
funds:
Total funds brought
forward				1,178,957	817,920	409,931	2,406,808	1,895,989
Net movement		in funds		279,459	156,029	(35,096)	400,392	510,819
Total funds carried
forward				1,458,416	973,949	374,835	2,807,200	2,406,808

				2023		2022
		Note				6
Fixed assets
Tangible assets		13		374,835		409,931
Current assets
Debtors		14	335,319		184,048
Cash at bank and	in hand		2,909,522		2,390,925
			3,244,841		2,574,973
Creditors: amounts	falling due within one
year		15	(812,476)		(578,096)
Net current assets				2,432,365		1,996,877
Total net assets				2,807,200		2,406,808
Charityfunds
Endowment funds		16		374,835		409,931
Restricted funds		16		973,949		817,920
Unrestricted funds		16		1,458,416		1,178,957
Totalfunds				2,807,200		2,406,808

			2023 f	2022 E
Cash flows from operating	activities
Net cash used in operating	activities		518,597	(118,459)
Change in cash and cash	equivalents In	the year	518,597	(118,469)
Cash and cash equivalents	at the beginning	ofthe year	2,390,925	2,509,394
Cash and cash equivalents	atthe end of	the year	2,909,522	2,390,925
The notes on pages 15to 33form part ofthese financial statements

			Unrestricted	Restricted	Total
			funds	funds	funds
			2022	2022	2022
			E	E	E
Foundation		Activities	480,097		480,097
Health and		Wellbeing		271,708	271,708
Inclusion	and Cohesion		36,860	547,356	584,216
Feed Our		Pack		310,093	310,093
			516,957	1,129,157	1,646,114

			Unrestricted	Total	Total
			funds	funds	funds
			2023	2023	2022
			E	E	E
Fundraising	trading	activities	142,207	142,207	256,382
Shop sales	and rental income		49,333	49,333	18,188
			191,540	191,540	274,570

		Unrestricted	Total	Total
		funds	funds	funds
		2023	2023	2022
		6		5
Wages and salaries		170,216	170,216	96,243
Operating	sales costs	17,073	17,073	9,185
		187,289	187,289	105,428

			Unrestricted	Restricted	Endowment
			funds	funds	funds	Total
			2023	2023	2023	2023
				6	6
Foundation		Activities	259,676		35,096	294,772
Health and		Wegbeing		423,223		423,223
Inclusion	and Cohesion			459,371		459,371
Education		and Skills	168,328	268,120		436,448
			428,004	1,150,714	35,096	1,613,814

			Unrestricted	Restricted	Endowment
			funds	funds	funds	Total
			2022	2022f	2022 f.	2022 6
Foundation		Activities	392,016		35,361	427,377
Health and		Wellbeing		265,374		265,374
Inclusion	and Cohesion		53,899	526,967		580,866
Feed Our		Pack		161,466		161,466
			445,915	953,807	35,361	1,435,083

			Activities
			undertaken	Support	Total
			directly	costs	funds
			2023	2023 6	2023f
Foundation		Activities	106,346	188,426	294,772
Health and		WeBbeing	298,335	124,888	423,223
Inclusion	and Cohesion		390,482	68,889	459,371
Education		and Skills	354,271	82,177	436,448
			1,149,434	464,380	1,613,814

			Activities
			undertaken	Support	Total
			directly	costs	funds
			2022f	2022 6	2022 5
Foundation	Activities		308,371	119,006	427,377
Health and	Wegbeing		175,186	90,188	265,374
Inclusion and Cohesion			492,051	88,815	580,866
Feed Our Pack			64,756	96,710	161,466
			1,040,364	394,719	1,435,083
Analysis ofsupport costs
				Inclusion
		Foundation	Health and	and	Feed Our
		Activities	Wellbeing	Cohesion	Pack
		2023f	2023 6	2023f	2023
Governance		894	1,856	2,063
Service costs		117,699	113,595	60,955
Finance and	administration	69,833	9,437	5,871
		188,426	124,888	68,889
				Education	Total
				and Skills	funds
				2023	2023
					6
Governance				2,063	6,876
Service costs				69,337	361,586
Finance and	administration			10,777	95,918
				82,177	464,380

						Foundation	Health	and	Inclusion	and	Feed Our
						Activities	Wellb	sing	Cohesion		Pack
						2022f	2022 f			2022 6	2022f
	Governance					2,962		242	1,753		1,088
	Service costs					65,290	44,133		67,624		68,432
	Finance	and	administration			50,754	45,813		19,438		22,293
	Marketing	and		printing							4,897
						119,006	90,188		88,815		96,710
									Education		Total
									and	Skills	funds
										2022	2022
											6
	Governance										6,045
	Service costs										245,479
	Finance and		administration								138,298
	Marketing	and		printing							4,897
											394,719
10.	Net income I (expenditure)
	This is stated		after charging:
										2023	2022
										6	8
	Depreciation		oftangible		fixed assets				35,096		35,361
	Auditors	remuneration			- audit fee				6,875		6,045

Staff costs
				2023	2022
					E
Wages and	salariies			1,104,692	979,868
Social security costs				92,041	70,812
Contribution	to defined	contribution	pension schemes	26,599	25,602
				1,223,332	1,076,282

			2023	2022
			No.	No.
Foundation		Activities	15	17
Health and		Wellbeing	15	7
Inclusion	and Cohesion		13	11
Education		and Skills	36	21
			79	56

	Leasehold
	land and	Arena
	buildings 6	refurbishment f	Totalf
Cost or valuation
At 1 June 2022	733,646	275,676	1,009,322
At 31 May 2023	733,646	275,676	1,009,322
Depreciation
At 1 June 2022	512,177	87,214	599,391
Charge for the year	7,528	27,568	35,096
At 31 May 2023	519,705	114,782	634,487
Net book value
At 31 May 2023	213,941	160,894	374,835
At 31 May 2022	221,469	188,462	409,931

		2023	2022
Due within one year
Trade debtors		220,361	56,503
Prepayments	and accrued income	114,958	127,545
		335,319	184,048

						2023	2022
						E	E
Trade creditors						52,400	12,637
WWFC	creditor					632,084	508,058
Other taxation and		social security				10,406	1,145
Accruals	and deferred		income			117,586	56,256
						812,476	578,096
						2023	2022
						E
Deferred	income at	1 June		2022			25,123
Resources deferred		during		the year		20,420
Amounts	released from previous				periods		(25,123)
						20,420

Statement offunds	- current	year
		Balance at 1			Transfers	Balance at
		June 2022	Income	Expenditure	in/out	31 May 2023
		6	6	6	6	6
Unrestricted funds
Designated funds
Sustainability sink fund		97,958			23,604	121,562
General funds
General Funds		1,080,999	894,752	(615,293)	(23,604)	1,336,854
Total Unrestricted	funds	1,178,957	894,752	(615,293)		1,458,416
Endowmentfunds
Properties		409,931		(35,096)		374,835
Restricted funds
Health and We&being		2&4,797	495,840	(423,260)	328,403	685,780
Inclusion and Cohesion		204,720	550,903	(459,372)	(68,914)	227 337
Feed Our Pack		328,403			(328,403)
Education and skills			260,000	(268,082)	68,914	60,832
		817,920	1,306,743	(1,150,714)		973,949
Total offunds		2,406,808	2,201,495	(1,801,103)		2,807,200

Statement offunds	- prior y	ear
		Balance at			Transfers	Balance at
		1 June 2021 5	Income 5	Expenditure f	in/out F	31 May 2022 5
Unrestricted funds
Designated funds
Sustainability sink fund		74,354			23,604	97,958
General funds
General Funds		733,773	922,173	(551,343)	(23,604)	1,080,999
Total Unrestricted	funds	808,127	922,173	(551,343)		1,178,957
Endowmentfunds
Properties		445,292		(35,361)		409,931
Restricted funds
Health and Wellbeing		278,463	271,708	(265,374)		284,797
Inclusion and Cohesion		184,331	547,356	(526,967)		204,720
Feed Our Pack		179,776	310,093	(161,466)		328,403
		642,570	1,129,157	(953,807)		817,920
Total offunds		1,895,989	2,051,330	(1,540,511)		2,406,808

Summary	offunds - cur	rent year
		Balance at 1			Transfers	Balance at
		June 2022 5	Income	Expenditure 5	in/out 5	31 May 2023 f
Designated	funds	97,958			23,604	121,562
General funds		1,080,999	894,752	(615,293)	(23,604)	1,336,854
Endowment	funds	409,931		(35,096)		374,835
Restricted	funds	817,920	1,306,743	(1,150,714)		973,949
		2,408,808	2,201,495	(1,801,103)		2,807,200

		Balance at			Transfers	Balance at
		1 June 2021	Income	Expenditure	in/out	31 May 2022
		5		5	5	5
Designated	funds	74,354			23,604	97,958
General funds		733,773	922,173	(551,343)	(23,604)	1,080,999
Endowment	funds	445,292		(35,361)		409,931
Restricted	funds	642,570	1,129,157	(953,807)		817,920
		1,895,989	2,051,330	(1,540,511)		2,406,808

Analysis	ofn	et assets between fund	s - current year
			Unrestricted	Restricted	Endowment	Total
			funds	funds	funds	funds
			2023f	2023 f	2023 f	2023 5
Tangible	fixed	assets			374,835	374,835
Current	assets		2,270,892	973,949		3,244,841
Creditors	due	within one year	(812,476)			(812,476)
Total			1,458,415	973,949	374,835	2,807,200

						Unrestricted	Unrestricted	Restricted	Endowment	Total
							funds	funds	funds	funds
							2022 F	2022 5	2022 F	2022f
	Tangible fixed assets								409,931	409,931
	Current assets					1,757,053		817,920		2,574,973
	Creditors due within		one year			(578,096)				(578,096)
	Total					1,178,957		817,920	409,931	2,406,808
19.	Reconciliation ofnet movement				in funds to net cash flow from operating				activities
									2023	2022
									5	8
	Net income for the	year (as per Statement				of Financial	Activities)		400,392	510,819
	Adjustments for:
	Depreciation charges								35,096	35,361
	Increase in debtors								(151,271)	(64,699)
	Increase/(decrease)		in creditors						234,380	(599,950)
	Net cash provided	by/(used		in)	operating	activities			518,597	(118,469)
20.	Analysis ofcash	and cash equivalents
									2023f	2022 5
	Cash at bank and	in	hand						2,909,522	2,390,925
	Total cash and cash equivalents								2,909,522	2,390,925