## ## ## ||||||Pages| |---|---|---|---|---|---| |Trustees'
annual
report (incorporating||the|director's|report)|| |Independent
auditor's|report to the members||||10| |Statement offinancial|activities (including||income and||| |expenditure
account)|||||13| |Statement offinancial|position||||14| |Statement ofcash flows|||||15| |Notes to the financial|statements||||| ## ## ## |The trustees,|The trustees,|who|are|are|also the|directors for the|directors for the|purposes|of|company|law, present|law, present|their report and the| |---|---|---|---|---|---|---|---|---|---|---|---|---|---| |financial statements||||of|the charity for the year ended 31 August 2021.||||||||| |Reference|and administrative|||||details|||||||| |Registered||charity||name||Blackpool|F.C. Community|||Trust|||| |Charity registration||||number||1128235|||||||| |Company|registration||||number|06808212|||||||| |Principal office and||||registered||Blackpool|Football Club||||||| |office||||||Seasiders|Way||||||| |||||||Bloomfield|Road||||||| |||||||Blackpool|||||||| |||||||FY16JJ|||||||| |||||||Lancashire|||||||| |The Trustees||||||C Lickiss|||||||| |||||||H Feeney|||||||| |||||||M Redfearn||(Resigned||6April 2021)|||| |||||||N Jack|||||||| |||||||W Swift|||||||| |||||||L Campbell|||||||| |||||||B Mansford|||||||| |||||||BGerrity||(Appointed||22 June|2021)||| |||||||C Singleton||(Appointed||2June|2021)||| |Key Management|||Personnel|||A Hackett||Chief Executive Officer|||||| |||||||SHayes||Head of Education and Employability|||||| |||||||J White||Head ofCommunity|||Programmes||| |||||||M Joseph||Head of Early Years|||and Primary||Programmes| |||||||JShields||Head ofOperations|||(Appointed|September 2021)|| |Auditor||||||A I Cherry|Limited||||||| |||||||Chartered|accountants||&statutory||auditor||| |||||||26 Winckley Square|||||||| |||||||Preston|||||||| |||||||PR1 3JJ|||||||| |Bankers||||||NatWest Bank||pic|||||| |||||||Church Street|||||||| |||||||Fleetwood|||||||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||||||31 August| |---|---|---|---|---|---|---|---|---| |||||||31August 2021||2020| ||||||Unrestricted|Restricted||| ||||||funds|funds|Total funds|Total funds| |||||Note||K|K|| |Income and endowments||||||||| |Donations
and|grants|||5|2,036,616|507,612|2,544,228|1,858,109| |Other income||||6|49,134||49,134|152,954| |Total income|||||2,085,750|507,612|2,593,362|2,011,063| |Expenditure||||||||| |Expenditure
on|charitable|activities||7,8|1,594,807|528,872|2,123,679|1,590,935| |Other expenditure||||9||||| |Total expenditure|||||1,594,807|528,872|2,123,679|1,590,935| |Net income and net movement|||in|funds|490,943|(21,260)|469,683|420,128| |Reconciliation|offunds|||||||| |Total funds
brought forward|||||665,279|338,389|1,003,668|583,540| |Total funds carried forward|||||1,156,222|317,129|1,473,351|1,003,668| ## ## ## ||||||2021|2020| |---|---|---|---|---|---|---| |||||Note|6|| |Fixed assets||||||| |Tangible fixed assets||||14|563,697|427,275| |Current assets||||||| |Debtors||||15|309,706|120,630| |Cash at bank and|in|hand|||873,614|761,337| ||||||1,183,320|881,967| |Creditors: amounts||falling|due within one year|16|273,666|305,574| |Net current assets|||||909,654|576,393| |Total assets less|current||liabilities||1,473,351|1,003,668| |Net assets|||||1,473,351|1,003,668| |Funds ofthe charity||||||| |Restricted funds|||||317,129|338,389| |Unrestricted
funds|||||1,156,222|665,279| |Total charity funds||||18,19|1,473,351|1,003,668| ## ## ## ## |Year ended|31August|2021|||| |---|---|---|---|---|---| |||||2021|2020| |Cash flows from operating||activities|||| |Net income||||469,683|420,128| |Adjustments
for:|||||| |Depreciation
oftangible
fixed assets||||29,762|47,275| |Interest payable|and similar|charges||0|0| |Chsngesin:|||||| |Trade and other|debtors|||(189,076)|20,702| |Trade and other|creditors|||(31,908)|(44,847)| |Cash generated|from operations|||278,461|443,308| |Interest paid|||||0| |Net cash from operating
activities||||278,461|443,258| |Cash flows from investing||activities|||| |Purchase
oftangible assets||||(166,184)|(126,281)| |Net cash used in|investing
activities|||(166,184)|(126,281)| |Net increase/(decrease)
in||cash and cash|equivalents|112,277|317,027| |Cash and cash|equivalents|at beginning|ofyear|761,337|444,310| |Cash and cash|equivalents|at end ofyear||873,614|761,337| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |value, over the useful econo|mic
life ofthat as|set as follows:| |---|---|---| |Fixtures and Fittings|Straight|line over 7years| |Motor vehicles|Straight|line over 5years| |IT Equipment|Straight|line over 3years| |Facility|Straight|line over the term ofthe lease| ## ## ## ## ## ## ||||||| |---|---|---|---|---|---| |5.|Donations
and grants||||| ||||Unrestricted|Restricted|Total Funds| ||||Funds
F|Funds
f|2021
f| ||Donations
and Grants||||| ||Capital Grants|||2,527|2,527| ||Children
in Sport|||10,000|10,000| ||Christmas
Appeal|||78,782|78,782| ||Kickstart —DWP||16,560|125,459|142,019| ||Kicks|||105,000|105,000| ||Primary Stars|||100,000|100,000| ||Revoelution|||56,844|56,844| ||Tackling
Inactivity|||29,000|29,000| ||Wholly unrestricted|activities|2,020,056||2,020,056| ||||2,036,616|507,612|2,544,228| ||||Unrestricted|Restricted|Total Funds| ||||Funds
f|Funds
f|2020
f| ||Donations
and Grants||||| ||Tower Above|||28,874|28,874| ||Children
in Need|||24,974|24,974| ||Tackling
Isolation|||8,000|8,000| ||Kicks|||101,001|101,001| ||Early Years|||10,000|10,000| ||Primary Stars||108,285|100,000|208,285| ||Revoelution|||196,993|196,993| ||Inspires||40,000|45,000|85,000| ||Capital grants|||292,286|292,286| ||Wholly unrestricted|activities|902,696||902,696| ||||1,050,981|807,128|1,858,109| |6.|Other Income||||| ||||Unrestricted|Restricted|Total Funds| ||||Funds
f|Funds
f|2021
f| ||Covid 19Support|Grant|||| ||Furlough
Receipts||49,134||49,134| ||||49,134||49,134| ## ## ## ## |||||Unrestricted|Restricted|Total Funds| |---|---|---|---|---|---|---| |||||Funds
f|Funds
f|2020
f| ||Covid 19Support|Grant||10,000||10,000| ||Furlough
Receipts|||96,976|45,978|142,954| |||||106,976|45,978|152,954| |7.|Expenditure
on charitable||activities by fund type|||| |||||Unrestricted|Restricted|Total Funds| |||||Funds
f|Funds
f|2021
f| ||Capital Grants||||15,038|15,038| ||Children
in Sport|||||| ||Christmas
Appeal||||34,642|34,642| ||Kickstart —DWP||||125,459|125,459| ||Kicks||||105,000|105,000| ||Primary Stars||||100,000|100,000| ||Revoelution||||119,734|119,734| ||Tackling
Inactivity||||29,000|29,000| ||Wholly unrestricted|activities||1,594,807||1,594,807| |||||1,594,807|528,872|2,123,679| |||||Unrestricted|Restricted|Total Funds| |||||Funds
f|Funds
f|2020| ||Tower Above||||32,441|32,441| ||Children
in Need||||24,974|24,974| ||Tackling Isolation||||8,000|8,000| ||Kicks||||117,717|117,717| ||Early Years||||10,000|10,000| ||Primary Stars|||93,660|126,847|220,507| ||Revoelution||||170,308|170,308| ||Inspires|||22,559|49,849|72,408| ||Capital Grant Depreciation||||16,787|16,787| ||Wholly unrestricted|activities||923,794||923,794| |||||1,040,013|550,922|1,590,935| ## ## |Cost ofcharitab|le
activities||||| |---|---|---|---|---|---| |||||Total 2021|Total 2020| |||||8|| |Staff costs||||1,409,033|1,281,603| |Premises||||97,727|107,022| |Communications|and IT|||53,729|8,404| |General office||||26,317|27,541| |Travel||||15,327|14,914| |Audit and Accountancy||||15,000|10,525| |Other costs||||506,546|140,927| |Supportcosts|||||| |||||2,123,679|1,590,935| |Other expenditure|||||| |||Unrestricted|Total Funds|Unrestricted|Total Funds| |||Funds
F|2021
f|Funds|2020
f| |Donations
refunded|||||| ## ## |Net income i|s stated after charging/(crediting):||| |---|---|---|---| |||2021|2020| |Depreciation|oftangible fixed assets|29,762|47,275| |Fees payable|for the audit ofthe financial statements|9,600|4,800| ## |The total staff costs and employee
benefits for|the reporting
period are analysed as f|ollows:| |---|---|---| ||31August|31 August| ||2021|2020| |Wages and salaries|1,288,993|1,172,247| |Social Security Costs|96,933|89,657| |Pension Costs|23,107|19,699| |Net staff costs|1,409,033|1,281,603| ## ## ## |14.|Tangible fixe||d asse|ts||||||| |---|---|---|---|---|---|---|---|---|---|---| ||||||Fixtures and|Assets|under||Motor|| ||||||Equipment
f|construction
E||Facilities|vehicles
E|Total
R| ||Cost|||||||||| ||At 1 September 2020||||82,990|||400,224|38,940|522,154| ||Additions||||2,848|163,336||||166,184| ||At 31August||2021||85,838|163,336||400,224|38,940|688,338| ||Depreciation|||||||||| ||At 1 September 2020||||61,706|||18,694|14,479|94,879| ||Charge for the||year||8,932|||16,190|4,640|29,762| ||At 31August||2021||70,638|||34,884|19,119|124,641| ||Carrying
amount|||||||||| ||At 31August||2021||15,200|163,336||365,340|19,821|563,697| ||At 31 August|2020|||21,284|||381,580|24,461|427,275| |15.|Debtors|||||||||| ||||||||||2021|2020| ||||||||||R|| ||Trade debtors||||||||32,808|54,245| ||Prepayments|and accrued income|||||||276,898|66,385| ||||||||||309,706|120,630| |16.|Creditors: amounts|||falling due within one year||||||| ||||||||||2021|2020| ||||||||||K|| ||Trade creditors|||||||||| ||Accruals and|deferred||income|||||244,141|301,396| ||Social security||and other||taxes||||29,525|4,178| ||||||||||273,666|305,574| ## ||||||2021|2020| |---|---|---|---|---|---|---| ||||||6|F| |Opening|balance||||262,178|149,057| |Amount|released|to|incoming|resources|(262,178)|(149,057)| |Amount|deferred|in|year||10,620|262,178| |Closing|balance||||10,620|262,178| ## ## ||||At|||At| |---|---|---|---|---|---|---| |||1|September|||31August| ||||2020
K|Income
E|Expenditure
f|2021
E| |General|funds||665,279|2,085,750|(1,594,807)|1,156,222| ||||At|||At| |||1|September|||31 August| ||||2019
K|Income
f|Expenditure
f|2020
F| |General|funds||547,335|1,060,981|(943,037)|665,279| ## |Restricted|funds|||||| |---|---|---|---|---|---|---| ||||At|||At| |||1|September|||31August| ||||2020
f|Income
6|Expenditure
E|2021
E| |Restricted|Funds||338,389|507,612|(528,872)|317,129| ||||At|||At| |||1|September|||31 August| ||||2019
f|Income|Expenditure|2020| |Restricted|Funds||36,205|853,106|(550,922)|338,389| ## ## ## ## ## ## ## ## ## ## |Analysis ofnet as|sets between funds|||| |---|---|---|---|---| |||Unrestricted|Restricted|Total Funds| |||Funds|Funds|2021| ||||E|6| |Tangible fixed assets||294,645|269,052|563,697| |Current assets||1,135,243|48,077|1,183,320| |Creditors less than|1 year|(273,666)||(273,666)| |Net assets||1,156,222|317,129|1,473,351| |||Unrestricted|Restricted|Total Funds| |||Funds
f|Funds
f|2020
F| |Tangible fixed assets||151,776|275,499|427,275| |Current assets||819,077|62,890|881,967| |Creditors less than|1 year|(305,574)||(305,574)| |Net assets||665,279|338,389|1,003,668|