BLACKPOOL F.C. COMMUNITY TRUST REPORT OF THE TRUSTEES- LEGALAND ADMINSTRATIVE INFORMATION FOR THE YEAR ENDED 31st AUGUST 2024 BLACKPOOL F.C. COMMUNITY TRUST IA COMPANY LIMITED BY GUARANTEE) REPORT AND FINANCIALSTATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 r•4il Registered Charity No: 1128235 Company No: 06808212 Azets Audit Services Statutory Auditor Floor 1 Capital House 8 Pittman Court Pittman Way Fulwood Preston PR2 9ZG BLACKPOOL F.C. COMMUNITYTRUST CONTENTS Pages Legal and Administrative Information Annual Report of Trustees Statement of Trustees. responsibilities Independent Auditor's Report Statement of Flnancial Acttvities Balance Sheet Statement of Cash Flows Notes to the Flnanclal Statements 3-19 20 21-24 25 26 27 28-49 BLACKPOOL F.C. COMMUNITY TRUST CONTENTS Charity Number 1128235 Company Number 06808212 Dlrectors and trustees: W Swift (Chair} H Feeney N Jack L Campbell C Singleton J Winter N Horne Key management personnel: A Hackett M Hllton S Hayes M Joseph G Trlckett J Shields Chief Executive Officer Deputy Chief Executive Officer Head of Education and Employabillty Head of Early Year5 and Prlmary Programmes Head of BFC School Head of Operations Reglstered Offi￿: Blackpool Football Club Seasiders Way Bloomfield Road Blackpool FYI 6JJ Lancashire Bankers: Natwest Bank plc Church Street Fleetwood Audltor: Azets Audit Services Statutory Auditor Floor I Capltal House 8 Pittman Court Pittman Way Fulwood Preston PR2 9ZG BLACKPOOL F.C. COMMUNITY TRUST TRUSTEES'ANNUAL REPORT (INCORPORATING THE DIRECTOR'S REPORT) FOR THE YEAR ENDED 31st AUGUST 2024 The trustees are pleased to present their annual directors, report and the financial statements of the charity for the year ended 31 August 2024 which are also prepared to meet the requirements for a Directors, report and account for Companies Act purposes. Legal and administrative inft)rmation set out on page 2 form part of this report. The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association. and Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective l January 20191. STRucfuRE, GOVERNANCE AND MANAGEMENT Governing document The company is re8lStered as a charitable company (company number 068082121 limited by guarantee. It is also registered as a charity (charity number 11282351. The company is governed by its Memorandum and Articles of Association. In the event of the company being wound up, members are required to contribute an amount not exceeding £10. Recrultment and Appolntment of Trustees The directors of the company are also charity trustees for the purpose of charity law and under the company's articles. All trustees give their time voluntarily and receive no benefits from the charity. Constitution and Organisational Structure The charitable company is governed by a committee who are Trustees of Blackpool FC Community Trust elected under the terms of the charitable company's rules. Trustees meet in a structured way approximately four time5 a year and the meetings involve a robust scrutiny of the activities taking place. The trustees aim to make sure the organisation is efficient and solvent and is stickin8 to its core activities. Financial reports are scrutinised and challenged where necessary. In addition to the structured meetings, trustees are kept informed throu8h regular emails about developments, opportunities and issues that need immediate action. The Trust maintains an up-to-date linancial controls policy regarding the decision-making process. The budget is prepared prior to the commencement of the financial year and is approved by the trustees. It is then the responsibility of the Chief Executive Officer to ensure that the budget is followed, and that any further spend outside of an agreed amount is approved by the board of trustees. At the time that the budget for the coming year is approved, the trustees also review the pay of key management personnel and other staff. All staff are on a pay scale system with potential increments awarded after each year of employment. BLACKPOOL F.C. COMMUNITY TRUST TRUSTEES'ANNUAL REPORT (INCORPORATING THE DIRECTOR'S REPORT) FOR THE YEAR ENDED 31st AUGUST 2024 Directors and Trustees The directors of the charitable company (the charity) are its trustees for the purpose of charity law. The trustees and offi'cers serving during the year and since the year end were as follows: Wendy Swift Ichairl Harry Feeney Neil Jack Lindsay Campbell Benjamin Mansford Carolyn Singleton Julian Winter Mark McGhee Dale Harrison Nicholas Horne Resigned 12th October 2023 Appointed 18rh September 2023 Appointed Ifh October 2023 (Resigned 3￿ Jonuary 2024) Appointed I'july 2024 (Resigned 19th November 2024) Appointed 29th April 2024 Rlsk Mana8ement The trustees have examined the major strategic, business, and operational risks which the charity faces and confirm that systems have been established to enable re8ular reports to be produced. This allows there to be necessary steps in place to lessen these risks. Related Parties The Trust continues to receive support from The Blackpool Football Club Limited. oBJE￿IVEs AND ACTIVITIES Purpose and main activities The charity operates through a charitable company and the principal objects of the company as stated in the Memorandum of Association are to: Promote The Blackpool Football Club Limited through its work and to encourage interest and support the club, Promote Blackpool F.C. Community Trust throughout the North West region and to establish programmes of education and lifestyle training, Provide and develop educational and learning opportunities for local people, Work in partnership with local group5, associations and organi5ations to help develop programmes of work and activities throughout the local area for the benefit of all, and Promote equal opportunities for all and equality of acces5 to all activities Ensuring our Work dellvers our alms We review our aims, objectives and activities each year. This review looks at what we achieved and the outcomes of our work in the previous 12 months. The review looks at the success of each project and the benefits they have brought to those groups of people we are set up to help. The review also helps us to ensure our aims, objectives and activities remains focused on our stated purposes. BLACKPOOL F.C. COMMUNITY TRUST TRUSTEES. ANNUAL REPORT {INCORPORATING THE DIRECTOR'S REPORT) FOR THE YEAR ENDED 31st AUGUST 2024 The trustees confirm that they have referred to the guidance contained in the Charities Commisslon's general guidance on public benelit when reviewing the Charity's aims and objectives. ACHIEVEMENTS AND PERFORMANCE 2023124 was another successful season for the CommunityTrust. Despite significant government unrest, cost of living concerns, and funding pressures becoming more and more apparent. the charity continued to grow and develop new supports for the local community. Among the standout accomplishments of the season, we were really pleased to launch a Principle Community Partnership with Muse and Vinci Builders. who are supporting the organisation. We also extended the Warm Hubs, which was launched the previous year, into a year round. family hub. supportin8 local parents and children into a warm, safe, and friendly environment, to learn, play, and receive a hot meal. Also, to enhance our provision to support positive mental health, we launched the Get Vocal Podcast, which features monthly guests, to talk about their journey, careers and challenges they have faced. We also worked closely with Blackpool Council and the Police Crime Commissioners, to launch a new Safer Streets programme into local schools, focused at Primary and Secondary schools, to make local young people aware of the impacts of negative behaviours, knife crime and involvement with gan8S. All the above, 15 on top of the constant challenge to sustain all the existing provision and make sure our supports to the community remain in place and impactful. Our duty to deliver successful programmes remains steadfast, but securing the necessary funding for ongoing projetts is tOU8h. With the added probability of further reductions in public funding, we have to explore inventive ways to Sustain our crucial support. That being said, the future looks to be exciting as we embark on new facility developments and see the evolution of innovative strategies in numerous area5 Wlth a specific focus on Esports, additional alternate education provision and new way5 to engage the commLtnity into social and physical activity. We take immense pride in our achievements to date and look forward to what comes next. BLACKPOOL F.C. COMMUNITYTRUST TRUSTEES'ANNUAL REPORT (INCORPORATING THE DIRECTOR'S REPORT) FOR THE YEAR ENDED 31st AUGUST 2024 A MESSAGE FROM OUR CEO: The 202312024 season was a year focused on collaboration for us at Blackpool FC Community Trust. We aimed to find partners to strengthen our provision and enhance our offerings to local people. As you read this document, you will see many example5 of how we have put this into practice. The year also centred around developing our new strategy, which I hope everyone agrees is an ambitious yet realistic vision for the next three years. Our focus remains on making residents, lives healthier and happier while maintaining our emphasi5 on partnership collaboration. Each year. I set some internal challenges for the organi5ation. For 2023, they were: to fully open Aspire Sports Hub as a community facility, confirm and develop the Sports Hub at Bloomfield Road Stadium, develop an Esports strategy, and sustain our Family Warm Hubs. l am proud to say we met all these objectives. Aspire is now a hub of community activity, with our provision and many grassroots football teams utilising the site to full effect. We have big plans to invest in the facility to make it even better in the comin8 months. Our plan for sports facilities at the stadium, in collaboration with Blackpool Football Club and Blackpool Council, is now confirmed, and we are moving at a great pace to get work started. We developed an exciting E5POrts strategy and plan to use this growing market to inspire local young people to engage in community-based and educational programmes. This includes the launch of our Esports post-16 programme as part of Blackpool FC Sports College. The Community Programmes team has done a wonderful job sustaining and developing our Family Clubs, with more services targeting new audiences. This document showcases the great work our team does with endless effort and enthusiasm to support our town and make Blackpool FC a beacon of positivity for local people. The statistics and case studies included highlight the impact the team has and the value the work brings to the town. For every £1 we generate, we develop that into £10 of social value and community action. Our organisation works with over 20,000 different people each season-more than 14% of the Blackpool population and more than the capacity of our stadium on Bloomfield Road. We are really proud of all the work we do, and we hope you are too. BLACKPOOL F.C. COMMUNITY TRUST TRUSTEES, ANNUAL REPORT (INCORPORATING THE DIRECTOR'S REPORT) FOR THE YEAR ENDED 31st AUGUST 2024 KEY PROGRAMMES AND DELIVERY Early Years and Prlmary Tlny Tangerines Mini football session5 for children in nursery to Year 2 designed to increase confidence, coordination and football skills whilst giving them the opportunity to engage with others. The Sports Development team have created a coaching curriculum that develops and challenges those takin8 Part no matter their ability. Nursery Dellvery We work closely with local Early Years providers to improve the health, social skills, and physical literacy of young children. We aim to support early years settings to provide children with their recommended three hours of physical activity per day through fun interactive sessions linked with the early years foundation stage curriculum. Sports Camps We deliver several multi-sports camps during the school holidays. To provide a fun, friendly and secure environment for children to socialise and take part in sports, games and arts and crafts activities. Our hu8ely popular camps span the town and give families in Blackpool cost-friendly childcare. Football Camps Our football camps are a place for young players in Blackpool to develop new skills and techniques in a safe environment. Qualified coaches deliver age-appropriate sessions that cater to all skill levels. Players are encouraged to practice their new skills in fun and competitive game-related scenarios. Dance Camp In partnership with AVR Dance, we have established our brand-new dance camp for children aged five to 14. The camp offers the perfert blend of enjoyment, new friendships, and the chance to enhance their dance skills. Holiday Activlty & Food Camp (HAF) The Department for Education fund our HAF offer. This takes a more targeted approach to support children in Blackpool who receive benefit-related free school meals. We provide 300 participants a day with free access to four hours of enrichment activities including sports and games, a healthy meal, snacks, and drinks throughout the Easter, Christmas and Summer holidays. Boot Bank The Boot Bank allows previously used football boots to be re-homed and can be accessed discretely by anyone in the community for free. This is an environmental move to ensure football boots do not end up in landfills and can be recycled for future use. We currently have over 100 pairs of boot5 in our boot bank. Premier League Primary Stars IPLPSI Through funding from the Premier Lea8ue Charitable Fund, PLPS is offered to all Blackpool primary schools. The programme aims to support teachers to improve their knowledge and confidence when delivering BLACKPOOL F.C. COMMUNITY TRUST TRUSTEES, ANNUAL REPORT (INCORPORATING THE DIRECTOR'S REPORTI FOR THE YEAR ENDED 31st AUGUST 2024 national curriculum PE lessons as well as improving PE standards. We work alongside The Premier League, EFL in the Community. Blackpool Council, Show Racism the Red Card, National Literacy Trust, Professional Game Match Officials Limited IPGMOLI, and Active Blackpool to provide the best standard of provision available. Unstoppable: Safer Streets We have been successful in securing fundin8 to enable a free offer of our Year 6 PSHE programme, Unstoppable, to all Blackpool primary schools. Unstoppable.. Safer Streets has been funded by Blackpool Council and is part of the town's Safer Streets campaign to improve street lighting and CCTV as well as challenging and changing attitudes. perceptions, behaviours, raising awareness, trainin8 and campaigning to make our streets safer. The programme supports pupils with difficult life topics, including anti-social behaviour, mental health, knife crime, friendships, family dynamics and the transition into high school. FIT2GO This six-week, two-hour programme is funded by: Blackpool Council Public Health, NHS Blackpool Clinical Commissioning Groups ICCGI and BFCCT, meaning we can offer it for free to all Blackpool primary schools. The programme encourages Year 4 children to live a healthy lifestyle and take part in regular physical activity. Pupils are introduced to ways they can improve their well-being and make healthier choices through practical and theory-based lessons. The delivery culminates in a three-day festival on the pitch at Bloomfield Road, where over 1000 children celebrate completing the Fit2Go programme. Birthday Partfes This year we launched our party packages. There are two options, our Football Parties include mini matches, crossbar challenges, penalty shootouts, football darts and meeting Bloomfield Bear. Our Esports Parties offer gaming experiences for up to 12 guests in our dedicated 8aming room at Bloomfield Road. Invitees can play EAFC 24 or Rocket League tournaments to win prizes. Tangerine Teamrnate5 The Tangerine Teammates initiative has been a huge success once again and continues to build and enhance the relationship between Blackpool FC and local grassroots teams. The 23124 season saw 23 local grassroots teams get paired with a Blackpool FC player, who visited them during training sessions. Those grassroots clubs were also invited to participate in Blackpool FC match day experiences, including flag bearing and a half time football challenge. Female Football Across Blackpool, our Female Football Development team has continued to increase the opportunities for female-only football provision. Our school provision has expanded to include both primary and secondary schools with extracurricular clubs and team training taking place at lunchtimes and after school. We have hosted Premier League and EFL girls, tournaments, established the Blackpool FC FA Girls Emerging Talent Centre. created development sessions and sold out our incredibly popular Girls Football Camp. All BLACKPOOL F.C. COMMUNITY TRUST TRUSTEES'ANNUAL REPORT (INCORPORATING THE DIRECTOR'S REPORT} FOR THE YEAR ENDED 31st AUGUST 2024 programmes aim to Use the Blackpool FC brand to inspire and engage with 35 many girls as possible across Blackpool and the Fylde Coast. Wildcats FA Wildcats sessions are designed to be an introduction to girl's football for many. but can also act as an extra training session for those who already play football. Training is delivered by BFCCT staff and focuses on developing key skills in a fun, friendly and safe environment. Girls Football Camp After the successful launch of our fir5t-ever girls, football camp last season we have been overwhelmed by the increase in popularity. Our girls, football camps are a place for young players in Blackpool to develop new skills and techniques in a safe environment. Qualified coaches deliver age-appropriate sessions that cater to all skill levels with a focus on ball mastery and fundamental movements of football to help players improve their 8ame. FA Glrls, Emerglng Talent Centre Our FA Girls, Emer8ing Talent Centre is funded by the Premier League and has given more girls than ever the chance to take their first steps on the pathway toward5 following in the footsteps of their heroes. We work with grassroots clubs, schools and local coaches to identify talented female players for this elite training experience. Girls, Football Development Centres Sessions follow a coaching curriculum with a range of topics designed to develop each player. All sessions are delivered by our FA/UEFA qualified coaches who also coach at our FA Girls. Emerging Talent Centre IETCI. We work closely with each player who attends to develop their game and give them the tools necessary to play to the best of their ability. Blatkpool Slxth Form Girls Football Team Our Female Football Development team continue to coach and manage Blackpool Sixth Form's girls, football team. The weekly training sessions are part of their enrichment programme to help prepare the girls for upcoming league fixtures. Blackpool FC Glrls and Ladie5 Blackpool FC Girls and Ladies have a new structure in place to ensure progression within each age group. Under a new committee. clear pathways have been built within the club allowing grassroots players to progress into open-age football. Incentive to achieve is instilled in all players. for those who want to progress up the footballing table and those who aim to get a place in our own Ladies first team. Prioritising quality delivery and player care. our professional approach to training, matches and coaching standards enables us to provide a platform for players to transition on to Regional Talent Centres IRTCSI, FA Girls, Emerging Talent Centres IETCS) and Distritt Teams across the North West. BLACKPOOL F.C. COMMUNITY TRUST TRUSTEES, ANNUAL REPORT {INCORPORATING THE DIRECTOR'S REPORT) FOR THE YEAR ENDED 31st AUGUST 2024 EDUCATION & EMPLOYABILITY Hlgh School Hubs Funded by Premier League Charitable Fund, Publlc Health Blackpool, Beaverbrooks and our partner high schools, High School Hubs is made up of four core programmes to provide further support to student5 alongside their academic pathway. High School Hub Mentors are based in our five partner schools for one or two days per week, sUPPOrting pupi15 in Year 7 through to Year 11. Premier League Inspires Funded by the Premier League Charitable Fund and Public Health Blackpool, Premier League Inspires is a 15-week, positive mental health and resilience programme delivered to selected Year 9 pupils. The primary focus of Premier League Inspires IS to help young people reach their potential by developing coping strategies and ensuring they're engaged and inspired. Year 7 Transltlon Transitioning from primary to secondary school can be an extremely challenging time for any young person. New environments, experiences and relationships can be overwhelming, triggering changes in behaviour, raisin8 anxiety, and igniting other mental health concerns. We work in high schools to help pupils come to terms with change, nornialise it and thrive within it. The themes covered are, coping strate8ies, working with our skills, planning a pathway to success and creating new friendships. The programme provides pupils with the opportunity to have a voice, feel heard and improve thelr confidence within their new surroundin85. Mentorin8 Premler League Inspires Working with our partner schools and the Premier League Charitable Fund we provide I:1 mentoring to young people a8ed 11 to 16 in high schools. Each week students work with their dedicated mentor to build their resilience, confidence and self-esteem. BFCCT mentors help pupils cope with stress and implement strate8ies to overcome any difficulties they may face in their lives or at school. Beaverbrooks Enterprlse In partnership with Beaverbrooks, the Enterprise programme works with Year 8 pupils to introduce them to business and entrepreneurship. The programme helps to develop essential employability skills, raise aspirations, and unlock potential. Pupils also take part in the Enterprise Challenge set by Beaverbrooks, to identify a local need and develop plan to address this. This includes a DraBon's Den-style activity with a board of 'dragons' from Blackpool- based companies includin8 Blackpool FC. Blackpool FC School Currently providing full-time and part-time provision to Key Stage 4 students who require an alternative to mainstream education. io BLACKPOOL F.C. COMMUNITY TRUST TRUSTEES, ANNUAL REPORT (INCORPORATING THE DIRECTOR'S REPORT) FOR THE YEAR ENDED 31st AUGUST 2024 We work with Blackpool Council, Educational Diversity and local high schools to provide students wlth Maths, English, and Science to GCSE level, whilst completing projert-based learnin8, PSHE and a qualification in sports and thtness. NCS Targeted Working with the NCS Trust our NCS Targeted programme works with local Year 11 pupils who have access to alternative education pathways to improve their life skills (budgeting, cooking, communicating), employability skills {mock interviews. problem solving, CV writing) and undertaking Social action/volunteering opportunities to help local charities. NCS Open to All Working with the EFL in the Community and the NCS Trust, our Open to All pro8ramme works with young people aged 15-17. Participants excel in building interpersonal skills through discussion and debate. and learn to be active in their communities by 5UPPOrting local charities or campaigning to improve public access spaces. Participants become more confident, communicate more effectively and flourish in Social settings. Level Up In partnership with Youth Future5 Foundation and The DJ Sidebottom/Glasdon Charitable Programme, we support 16 to 24-year-old5 to start their journey into employment through skill development. Blackpool FC Sports College Thanks to support from York College and League Football Education, our college provides full-time further education courses, including BTEC Level 2 and 3 in Sports Industry skills and Sports Coaching & Development. Learners also study Functional Skills and GCSE En81ish and Maths if required. We offer a wide range of exclusive work experience opportunities across BFCCT and the club to enhance and support learning as well as extra-curricular activities to amplify learner experience. Esports Thanks to support from PL Fans Fund and York College, 16 to 18 year olds have the opportunity to study Esports BTEC at Blackpool FC Sports College from September 2024. Our purpose-built games room and portable gaming devices are used to engage young people in Esports opportunities and our bespoke Esports suite houses top of the range gaming Pcs and casting studio to provide the best introduction to the variety of careers they could pursue in the future. Foundation & Topup Degree Courses Delivered in partnership with the University of South Wales our Foundation Degree courses are ideal progression routes for our BTEC students or external candidates who want to pursue a professional career in the sports industry. Our top-up degree courses consolidate learning from the foundation degree and enable students to gain a full Bsc Honours Degree. li BLACKPOOL F.C. COMMUNITY TRUST TRUSTEES, ANNUAL REPORT (INCORPORATING THE DIRECTOR'S REPORT) FOR THE YEAR ENDED 31st AUGUST 2024 COMMUNITY PROGRAMMES Dlsabillty Sport Through funding from The Har8reaves Foundation, we deliver disability-specific lunch and after-school physical activity sessions that are tailored to each school and pupil's needs. We use multi-skill activities, interactive games and additional sports as a form of enrichment for the children and encourage them to take part in physical activity and stay healthy. Star5 Camp The camp is delivered by highly qualified and experienced staff. With support from Lancashire County Council and Blackpool Council, we deliver: multi-skills activities, interactive games, sports, as well as arts and crafts to engage children living with disabilities. Unlfied Football Funding from Sport England. allows us to offer free football sessions every week at locations across Blackpool. These sessions use the power of football to promote positive mental health and provide assistance to those living with disabilities throu8h physical activity and building peer-support networks. Premler League Kicks Through funding from the Premier League Charitable Fund. we deliver diversionary activities for young people aged eight to 18 in specifically identified wards that have the most anti-social behaviour. These sessions allow the young people to meet new friends, dance. box and game. as well as compete in national competitions against other football clubs. Premler League Klcks HAF Funded by Blackpool Council and Premier League Charitable Fund, Premier League Kicks HAF includes a range of camps delivered during the day throughout school holidays. These activities include football. multi-sport, online gaming and trips. We also provide a nutritious meal. snacks and drinks free for participants. Premier League Changemakers Changemakers is funded by The Premier League and supports girls and young women with personal skills and positive attitudes towards leadership. The 12-week course focuses on a range of topics to improve participants, mental and physical wellbeing, incre3se their awareness of gender equality and mental health related issues alon85ide increasing their understanding of the skills and behaviours of leadership. Tower Above Funded by Blackpool Council, Lancashire Police Crime Commissioner and Charles Hayward Foundation, we provide I:1 mentoring to children aged eight to 12 by utilising sports and physical activity to engage them. Referrals come from the Early Help and Support team, through Blackpool Council, to prevent young people from being involved in anti-social behaviour. 12 BLACKPOOL F.C. COMMUNITY TRUST TRUSTEES, ANNUAL REPORT {INCORPORATING THE DIRECTOR'S REPORT) FOR THE YEAR ENDED 31st AUGUST 2024 Safer Street5 A six week universal intervention to up-skill Year 6. 7 & 8 students in how they can become strong competent citizens and improve their knowledge and awareness of challenges and threats they could face whilst out in the communily. All topics have a scenario based approach allowing pupils to discuss what they would do, how to be a positive bystander if they did find themselves in a challenging situation. and how can they distract, direct and delegate safely. Move More Move More brin8S the local community and organisations together to deliver a plan that is right for the town. It is part of a national programme, Active Through Football. which is delivered through the Football Foundation and Sport England. The project focuses on mental and physical well-being, as well as weight management. When it comes to bein8 active, we want to engage. motivate and inspire the community. Fit Blackpool Funded by Active Through Football/Move More this free 10-week weight management programme uses a combination of theory and practical sessions to help participants maintain weightloss and live healthier lives. Our 'Keep Fit, sessions are open to the public and also used to encourage graduates of Fit Blackpool to continue their progress. Engage 4 Change A multi-agency partnership with Empowemient, Streetlife, Blackpool Coastal Housin8 and the Rank Foundation. This project contacts young people who are aged 18 to 25. who live in a specific area of Blackpool. We work with these young people to understand what they perceive as barriers and come up with solutions to guide them into education, employment or training. Champions Youth & Adult We provide l.'I mentoring support to make positive changes and break the cycle of re-offending. Funded throu8h the Lancashire Violence Reduction Network, this preventative pro8ramme is aimed at ten to 25- year-old5 who are at risk of entering the Criminal Justice System or who have cornmitted a violent crime. Heads Up Heads Up improves well-being across Blackpool through a multifaceted offer of activities using peer 5UPPOrt, I:1 mentorin& and group physical activities. The target group is adults aged 18+ with moderate to severe mental health needs. We tailor and adapt activities to ensure sessions are accessible for adults of different age groups and abilities, e.g. varying the activities on offer, varying the intensity of activities, etc. We focus on creating a supportive community through shared experiences and incorporating physical activity to promote overall wellbeing. 13 BLACKPOOL F.C. COMMUNITY TRUST TRUSTEES'ANNUAL REPORT (INCORPORATING THE DIRECTOR'S REPORT) FOR THE YEAR ENDED 31st AUGUST 2024 Get Vocal Developed in partnership with Blackpool FC and Blackpool Council. Get Vocal is a weekly social group based at Bloomfield Road which provides a safe space for men to come tO8ether in a nonjudgmental setting, to 'turn up. talk and get it off their chest,. Get Vocal: The Podcast Get Vocal.. The Podcast aims to raise awareness, foster open conversations, and provide valuable resources to support the well-being of men from far and wide. The topics discussed include relationships, fatherhood, burnout, grief. and depression. in addition to thoughtful conversations about creativity. Each episode features thought-provoking discussions, expert insights, and personal anecdotes, for men to connect. learn. and grow. Walking & Masters Football Walking and Masters Football are slower paced five-a-side sessions for men and women over the age of 35. Both Walking and Masters Football encourage football lovers to continue to take part regardless of their fitness levels or other factors. Pool Together Pool Together, supported by Blackpool Council, tackles loneliness and social isolation by providing an environment where participants can meet new people and build lasting friendships. This weekly social group offers a supportive space with activities, including chair-based exercises. dominoes and quizzes while enjoyin8 a hot drink and a chat. Sporting Memories With support from Masonic Charitable Foundation thi5 programme is for those who share a love for sports. in particular football. to get together. It is an enjoyable social group where fans share their memorabilia and memories. Dementia Sporting Memories With support from Masonic Charitable Foundation this free to attend group has been tailored to facilitate those with dementia and their companions with a combination of gentle physical activities and engaging games. Veterans Artlvlties These activities are supported through funding from the Armed Forces Covenant Fund Trust IAFCFTI and Veterans, Foundation, BFCCT are proud to host a range of armed forces programmes within the Community- This includes providing serving personnel, families, veterans and families of veterans, with the chance to engage with other members of the armed forces community and to rediscover the unique camaraderie between serving personnel. Gardenin8 Club Participants help us maintain our memorial space at the Fylde Coast Arboretum, a garden dedicated to Blackpool FC players who lost their lives durin8 the First World War. 14 BLACKPOOL F.C. COMMUNITY TRUST TRUSTEES'ANNUAL REPORT (INCORPORATING THE DIRECTOR'S REPORT) FOR THE YEAR ENDED 31st AUGUST 2024 Breakfast Club Our Breakfast Club takes place every month and promotes socialisation amongst veterans and provides the opportunity to Bet breakfast and catch up with like-minded people. Forces Football This programme allows veterans and ex-forces personnel to meet up ft)r a kickabout. Through funding from the Veterans, Foundation, we also offer participants with the opportunity to represent Blackpool FC at events throughout the Season against other professional football clubs. Naafi Break Navy, Army, and Air Force Institutes INAAFII coffee mornings encourage veterans from across the Fylde Coast to meet up every week. Participants can enjoy a sausage, bacon or vegetarian sandwich and a cup of tea or coffee while they reminisce and catch up. Veterans Walk & Talk Our local veterans can enjoy various gentle routes around the scenic grounds of Stanley Park to help each other become more physically fit and combat loneliness. Vets On Steps We visit local veterans on their doorsteps to prevent them from feeling isolated and lonely. Whilst there we encourage them to join our weekly social Broups included on this page to increase their social interaction and combat loneliness. Tangerine Together {Cost of Llvlng Support) With support from Blackpool Council, Blackpool FC, The National Lottery Community Fund and Blackpool Foodbank we are proud to support our community with the cost of living crisis with a range of attivities including those to do together as a family, access to free and low c05t food and a place to meet new people and make new connections. Breakfast Club This programme is designed to offer families an accessible club for children a8ed two to four. Activities delivered are designed to promote cognitive and motor skills development in young participants while also offering a social group for adults. Free breakfast is provided for all participants. The Bi8 Food Truck In partnership with Blackpool Foodbank, The Bi8 Food Truck, part of The Big Food Project. arrives at the Stadium every Tuesday to provide food parcels at the North Stand Community Hub to help with the cost of living. Family Clubs In response to the cost-of-living crisis we provide free clubs for families, the perfect place to socialise and take part in activities whilst accessing food. support, and advice on housing, health and finances from Natwest the NHS and Blackpool Coastal Housing. 15 BLACKPOOL F.C. COMMUNITY TRUST TRUSTEES, ANNUAL REPORT (INCORPORATING THE DIRECTOR'S REPORT} FOR THE YEAR ENDED 31sl AUGUST 2024 Communlty Club We offer a safe and warm place for those attendin8 our Big Food Truck on a Tuesday to visit before or after collecting their food parcels. Participants are welcome to enjoy a drink, socialise and take part in activities such as chair based exercise and light yoga. Financial Success The Trust maintains a healthy financial position enabling it to plan for future developments. As an organisation which mainly receives its financial provision from other fundin8 organisations, careful management is of utmost importance. The Trust is financially viable. Funds are held in reserve at the bank to ensure that, should funding Stop abruptly, bids not be won, or projects not be renewed, we can always make thoughtful plans for the future. Staff contracts are set to reflect the possibility of a change in future funding. There are different funding sources for all projects, and they all have different funding cycles and durations. The Trust is aware that continuing to develop sources of funding for new projects and to renew projects that are approaching the end of their current life cycle is vital. The Trust is also aware that funding tends to arrive in lump sums and not on an even monthly basis. Cash flow forecasts ensure this is managed. The Trust operates on a rolling 3-year development plan, which guides the delivery of over 60 projects aimed at supporting the local community to live healthy and active lifestyles through sport and physical activity. By continually reviewing and updating the plan, the Trust aims to ensure that its projects remain aligned with the charity's objective5 and that they continue to meet the needs of the community. Thank you The Trustees extend their gratitude to the dedicated and hardworking staff of the Community Trust. whose commitment has ensured success. Despite the challenges presented by the pandemic, their unwavering support has enabled the Trust to continue to deliver projects that benefit our entire community. The Trust also expresses its appreciation to the volunteers who have contributed to the success of these projects wlth their enthusiasm and commitment. The Trust recognises and thanks the partner organisations it has collaborated with. whose contributions of money and resources have been a great investment in the community's future. The Trust is particularly grateful to Blackpool Football Club for providing excellent accommodation for its activities. offices, and for access to the club's facilitiefr- Considering the additional hard work by staff and partners during thls period, the Trustees anticipate further growth in the Trust's turnover in the years ahead. l express my gratitude to my fellow Trustees for their dedication and efforts. We are eagerly lookin8 forward to the future and hope that a growing number of fans. residents, and local professionals will come forward to support our community. 16 BLACKPOOL F.C. COMMUNITY TRUST TRUSTEES, ANNUAL REPORT (INCORPORATING THE DIRECTOR'S REPORTI FOR THE YEAR ENDED 31st AUGUST 2024 Plans for Future Periods The Trustees anticipate that Blackpool FC Community Trust will continue to expand and fulfil its social and sporting goals professionally and effectively. The Trust looks forward to continuing to work closely with Blackpool FC and develop genuine Social Value for the town and with key partners including Blackpool Council, The Premier League and EFL Trust to find new funding Streams to support the work being delivered. Notable plans that the Trust is currently developing or has implemented since the conclusion of the financial year include: New Strategy - In September 2024 the Charity launched a new 3-year Strategy in Summer 2024, demonstrating the intentions for the future and how we will support the community across Blackpool and the Fylde Coast, focused on Early Years, Education and Employability, Community Pro8rammes and Infrastructure. Aspire Sports Hub - A long-term lease agreement has been instructed, followin8 the successful relaunch of Aspire Sports Hub. The Trust will invest additional resources to bring the site up to date and standard for full use across the school and the Community, supporting the Charities provision and local Football teams. Revoe Sports Hub - Now plannin8 permission has been granted, the Trust will sUPPOrt the Football Club in implementing plans to start work in 2024 for the Community site, which will be managed by the Community Trust, to support the local community with top-standard facilities, to increase physical activity and improve education opportunities. Northern Hub- The Community Trust will continue to investigate options to develop a Community Hub to support the north of the town, making Sure to find a suitable and sustainable opportunity. Esports - A new area of work for the Trust is Esports, with this new genre opening up new avenues to engage youn8 people not normally reached by our traditional provision. Programmes focused on supporting young people via prograrnmes includin8 Kicks and HAF will be developed further, whilst new provisions will be introduced to engage new fans on match days, school sessions and competitions and the introduction of BTEC Esports programme for post-16'5, 35 part of BFC Sports College. BFC School Nurture Provision Working closely with Blackpool Council. BFC School will offer additional support to pupils needing additional support to the traditional offer in school. This programme will work with a small group of Year 10 pupils. that need a more nurture-focused programme to support their education. Get Vocal / Mental Health We intend on expanding our Mental Health offer to adults across the community, with additional Get Vocal sessions bein8 delivered in more locations, as well as a new football and physical activity offer, across a host of locations to support those that will benefit from regular, professional and well thought out provision, developed with the participants needs at the forefront. 17 BLACKPOOL F.C. COMMUNITY TRUST TRUSTEES, ANNUAL REPORT {INCORPORATING THE DIRECTOR'S REPORTI FOR THE YEAR ENDED 31st AUGUST 2024 Female Football-The Community intendsto expand its support to Female Football. With the success of our FA Emerging Talent Centre, the Trust will take a leading role in supporting the grassroots and Ladies set up at BFC Girls and Ladies, to develop opportunities for all girls and ladies to play football at recreational level, grassroots competitive opportunities and rise towards the higher standards of the game, including our Ladies first team and ETC. Weight Management- The Trust will develop new and exciting ways to support local people to build a healthy weight strate8Y, Wlth a host of programmes available to support with weight loss, prevention and maintenance. This will include fitness sessions, weight loss courses, and also advice to support everyone at different stages of their journey. Mental Health We will expand our provision to support adult mental health, with a new football offer and extension of the talk group5 and podcasts. FINANCIAL REVIEW On behalf of the Board of Trustees, I would also wish to report an overall surplus for the year of £72,87412023: £70,834), of which £85,915 12023: £82,644) arose from Unrestricted Funds and a £13,041 deficit12023: £11.8101 from Restrirted Fund5. Principal Fundlng Sources The principal funding sources for the charity are currently by way of grant and contract income. There are different funding sources for the charity's project5 including the Football League, the Premier League, Blackpool Council and other local authorities and education bodies. To assist in the process of raising funds, the Trust has engaged third party external consultants who are used to identify funds appropriate to the projects that are ongoing and that we require funding for. They then work with the Trust to write the application as well as provide necessary information to be included in the Submission for fund5. This consultancy body does not represent the Trust, this is always done by the Chief Executive Officer or other senior staff as appropriate. There is no third-party fundraising scheme that is followed by the Trust or the consultants, however, we do have a detailed fundraising policy which is available to all staff, which includes safeguardin8 processes of vulnerable and other members of society. The fundraising process is monitored by way of a discussion with the consultancy fi'rm on a fortnightly basis to ensure that progress is monitored. No complaints have been made in relation to fundraising work undertaken. Reserves Policy The trustees are of the opinion that it is important to develop reserves which would be sufficient to maintain a sustainable level of funds to cover movements in periodic cash flows. Reserves will be funded with surplus unrestricted funds. The Trust's reserves are intended to provide an internal source of funds for situations, such as, a sudden increase in expenses, one-time unbudgeted expenses, unanticipated loss in funding, or uninsured losses. Reserves are not intended to replace a permanent loss of funds or eliminate an ongoing funding gap. If reserves are used, they are to be replenished within a reasonably short period of time. 18 BLACKPOOL F.C. COMMUNITY TRUST TRUSTEES'ANNUAL REPORT (INCORPORATING THE DIRECTOR'S REPORT) FOR THE YEAR ENDED 31st AUGUST 2024 The target minlmum reserve fund is equal tothree to six months, at the currenttime. of average expenditure. This calculation of average monthly operating costs includes all recurring, predictable expenses, such as salaries and benefits, occupancy, offices, travel. and ongoing professional services. Depreciation. in kind, and other non-cash expenses are not included in this calculation. The year-end balance on unrestricted reserves was £1.354,050 of which £383,601 is held as designated for specific projects in 2023-24, (see Note 141 leaving a net balance held in 'free' reserves of £970,449. Based on projected expenditure for the 2024-25 financial year (excluding that on the designated projects) this equates to 4.8 months of average expenditure. Golng Concern Following a review of the financial position as at the date of signing these accounts and projections for the followin8 12 months the Trustees expect Blackpool F.C. Community Trust to continue to remain a going concern for the foreseeable future and have, therefore, adopted the going concern basis in the preparation of these financial statements. 19 BLACKPOOL F.C. COMMUNITY TRUST TRUSTEES, ANNUAL REPORT IINCORPQRATING THE DIRECTOR'S REPORT) FOR THE YEAR ENDED 31st AUGUST 2024 Trustees, Responslbllitles Statement The trustees, who are also directors for the purpose of company law, are responsible for preparing the trustee5' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practicel. Company law requires the trustees to prepare accounts for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resource5 and application of resources, including the income and expenditure, of the charitable company for that year: select suitable accounting policies and apply them ¢onsistentlv- observe the methods and principles in the Charities SORP: make judgements and estimates that are reasonable and prudent,. state whether applicable UK accounting standards have been followed subject to any material departures disclosed and explained in the frnancial statements; prepare the accounts on a going concern basis unless it 15 inappropriate to presume that the charity will continue in operation. The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation in the United Kingdom governing the preparation and dissemination of linancial statements may differ from legislation in other jurisdictions. In accordance with company law, in so far as the trustees are aware: there is no relevant audit information of which the company's auditor is unaware; and the trustees have taken all necessary steps that they ought to have taken in order to make themselves aware of any relevant audit information and to establish that the charity's auditor is aware of that information. Auditor A resolution will be proposed at the Annual General Meeting that Azets Audit Services be re-appointed as auditor to the charity for the ensuing year. Approved and signed on behalf of the board of trustees: On behalf of the board Date.. W Swlft (Chair of Trustees) 20 BLACKPOOL F.C. COMMUNITY TRUST INDEPENDENT AUDITORS REPORT FOR THE YEAR ENDED 31st AUGUST 2024 Opinion We have audited the accounts of Blackpool F.C. Community Trust Ithe 'charity'l for the year ended 31 August 2024 which comprise the Statement of Financial Activities, the Balance Sheet, the Statement of Cash Flows and the notes to the accounts, includin8 a summary of significant accounting policies. The fi'nancial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard opplicoble in the UK and Republic of Ireland Iunited Kingdom Generally Accepted Accounting Practice). In our opinion, the accounts: give a true and fair view of the state of the charitable company's affairs as at 31 August 2024, and of its incoming resources and application of resources, including its income and expenditure, for the year then ended- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and have been prepared in accordance with the requirements of the Companies Act 2006. Basis for opinion We conducted our audit in accordance with International Standards on Audiknng IUKI IISAslUKII and applicable law. OUT responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the accounts section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the accounts in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Conclusions relating to goin8 concem In auditing the financial statements, we have concluded that the use of the going concern basis of accounting in the preparation of the accounts is appropriate. Based on the work we have performed. we have not identifi'ed any material uncertainties relating to events or conditions that, individually or collectively. may cast significant doubt on the charity's ability to continue as a goin8 concern for a period of at least twelve months from when the tinancial statements are authorised for issue. Our responsibilities and the responsibilitie5 of the trustees with respect to going concern are described in the relevant sections of this report. Other information The other information comprises the information included in the annual report, other than the accounts and our auditor's report thereon. The trustees are responsible for the other information. Our opinion on the accounts doe5 not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. 21 BLACKPOOL F.C. COMMUNITY TRUST INDEPENDENT AUDITORS REPORT FOR THE YEAR ENDED 31st AUGUST 2024 In connection with our audit of the account5, our responsibility is to read the other information and. in doing so, consider whether the other information is materially inconsistent with the accounts or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the accounts or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothin8to report in this regard. Opinions on other matters prescrlbed by the Companles Act 2006 In our opinion, based on the work undertaken in the course of our audit: the information given in the Trustees, Report, which inclLtdes the Directors, Report prepared for the Purposes of company law, for the financial year for which the accounts are prepared is consistent with the accounts: and the Directors, Report included within the Trustees, Report has been prepared in accordance with applicable legal requirements. Matters on which we are required to report by exception In the light of the knowledge and understanding of the charity and its environment obtained in the course of the audit, we have not identified material misstatements in the Directors, Report included with the Trustees, Report. We have nothin8 to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion- adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us- or the accounts are not in agreement with the accounting records and returns; or certain disclosures of trustees, remuneration specified by law are not made. or we have not received all the information and explanations we require for our audit; or the trustees were not entitled to prepare the accounts in accordance with the Small companies regime and take advantage of the small companies, exemptions in preparingtheTrustees' Report and from the requirement to prepare a Strategic Report. Responsibllitie5 of Trustees As explained more fully in the Statement of Trustees, Responsibilities, the trustees. who are also director5 of the charity for the purpose of company law, are responsible for the preparation of the accounts and for bein8 satisfied that they give a true and fair view. and for such internal control as the directors determine is necessary to enable the preparation of accounts that are free from material misstatement, whether due to fraud or error. 22 BLACKPOOL F.C. COMMUNITY TRUST INDEPENDENT AUDITORS REPORT FOR THE YEAR ENDED 31st AUGUST 2024 In preparing the accounts, the trustees are responsible for assessing the charity's ability to continue as a goin8 concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the company or cease operations, or have no realistic alternative but to do so. Auditor's responsibllities for the audit of the financial staternents Our objectives are to obtain reasonable assurance about whether the accounts as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAS IUKI will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if. individually or in the aggregate, they could reasonably be experted to influence the economic decisions of users taken on the basis of these accounts. A further description of our responsibilities for the audit of the accounts is located on the Financial Reporting Council's website at= http://www.frc.org.uklauditorsresponsibilities. This description forms part of our auditor's report. Extent to whlch the audlt was considered capable of deterting irregularlties, includlng fraud Irregularities, includin8 fraud, are instances of non-compliance with laws and regulations. We desi8n procedures in line with our responsibilities, outlined above and on the Financial Reporting Council's website, to detect material misstatements in respect of irregularities. includin8 fraud. We obtain and update our understanding of the entity, its activities, its control environment, and likely future developments, including in relation to the legal and regulatory framework applicable and how the entity is complyin8 With that framework. Based on this understanding, we identify and assess the risks of material misstatement of the linancial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. This includes consideration of the risk of acts by the entity that were contrary to applicable laws and regulations, including fraud. In response to the risk of irregularitses and non-compliance with laws and regulations. including fraud. we designed procedures which included: Enquiry of management and those charged with governance around actual and potential litigation and claims as well as attual, suspected and alleged fraud- Reviewing minutes of meetings of those charged with governance; Assessing the extent of compliance with the laws and regulations considered to have a direct material effect on the financial statements or the operations of the entity through enquiry and inspection,. Reviewing linancial statement disclosures and testing to supporhng documentation to assess compliance with applicable laws and regulations- Performing audit work over the risk of management bias and override of controls, including testing of journal entries and other adjustments for appropriateness, evaluating the business rationale of significant transactions outside the normal course of business and reviewin8 accounting estimates for indicators of potential bias. 23 BLACKPOOL F.C. COMMUNITY TRUST INDEPENDENT AUDITORS REPORT FOR THE YEAR ENDED 31st AUGUST 2024 Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the fi'nancial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the event5 and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non- compliance. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations. or the override of internal control. Use of our report This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work ha5 been undertaken so that we might State to the charitable company's members those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's members as a body, for our audit work, for thi5 report, or for the opinions we have formed. JLth ￿*44 Ws Julie Fllntoff BA (Honsl FCA (Senior Statutory Audltor) Azet5 Audlt Services Statutory Auditor PRESTON Date: io121)015 Azets Audit Services is eligible to act as an auditor in terms of section 1212 of the Companies Act 2006. 24 BLACKPOOL F.C. COMMUNITY TRUST STATEMENT OF FINANCIALACTIVITIES (INCLUDING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31st AUGUST 2024 Total Funds 2023 Unrestrlcted Restrlrted 2024 2024 Total 2024 Note Income from: Donations and grants 1,953,094 910,904 2.863,998 2,714.112 Other income 54.371 54,371 39.067 Total income 2,007,465 910,904 2,918,369 2,753,179 Expenditure on: Charitable activities Other expenditure 1,921,550 923,945 2,845,495 2,682,345 Total expenditure 1,921,550 923,945 2,845,495 2,682,345 Net Income/lexpendlture) and net movement In funds for the year 85,915 113,0411 72,874 70,834 Transfers between funds Net movement In funds 85,915 113.0411 72,874 70,834 Reconciliatfon of funds: Total funds brought forward 1,268,135 316.769 1,584,904 1,514,070 Total funds carried forward 1.354,050 303.728 1,657.778 1,584,904 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. The statement of financial activities also complies with the requirement for an income and expenditure account with the Companies Art 2006. The note5 on pages 28 to 49 form part of these accounts 25 BLACKPOOL F.C. COMMUNITY TRUST BALANCE SHEET FOR THE YEAR ENDED 31st AUGUST 2024 Note 2024 2023 Fixed Assets Tangible assets io 449,414 472,650 Current Assets Debtors Cash at bank and in hand li 535,395 1,040,851 547,492 920,283 Total Current Assets 1,576,246 1.467,775 Credltors: Amounts falling due within one year 12 1367,8821 1355.5211 Net Current Assets 1,208,364 1,112,254 Total assets less current liabilities 1,657,778 1,584,904 The funds of the charlty Restricted funds 14 303,728 316,769 Unrestricted funds General funds Designated funds 14 14 970.449 383,601 1,197,785 70,350 1,657.778 1,584,904 Approved by the Board of Trustees and signed on its behalf by.. W Swift {Chair of Trustees) Date: ay1,12>. 26 BLACKPOOL F.C. COMMUNITY TRUST STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31st AUGUST 2024 Reconciliation of net movement Sn funds to net Cash flow from operating activitles 2024 2023 Net movement in funds- Page 25 Adjustments for: Depreciation charges Loss on the sale of fixed a55ets Decrease/lincreasel in debtors Increase in credltors 72.874 70,834 39,767 40,391 16,739 12,097 (396,7621 12,361 138.666 Net cash provlded by operatln8 actlvltles 137,099 1130,1321 2024 2023 Net cash provided by operatin8 activltles 137,099 (130,132) Cash flows from Investlng artlvltles Purchase of fixed assets 116,531) Net cash (used In) / provlded by Investlng activltles (16,351 Change In cash and cash equlvalents In the year Cash and cash equlvalents at the beglnnlng of the year 120,568 (130,132) 920,283 1,050,415 Cash and cash equlvalents at the end of the year 1,040,851 920,283 27 BLACKPOOL F.C. COMMUNITY TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31s1 AUGUST 2024 I. ACCOUNTING POLICIE5 Company Informatlon The charity Is a public benefit entity and a private company limited by 8uarantee. re8lStered in England and Wales and a registered charity in England and Wales. The address of the registered offi'ce is Blackpool Football Club, Seasiders Way, Bloomfield Road, Blackpool, FYI 6JJ, Lancashire. Staternent of compllance These linancial statements have been prepared in compliance wlth FRS 102,'The Financial Reporting Standard applicable in the UK and the Republic of Ireland,, the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 {Charities SORP IFRS 1021) and the Companies Act 2006. Basis of preparation The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling. which is the functional currency of the entity. Golng concern The trustees have assessed the future trading of Blackpool F.C. CommunityTrust. In support of this assessment the trustees have reviewed the following- Income and expenditure forecasts Future capit31 expenditure plans Cashflow projections Based upon these forecasts the trustees expect Blackpool F.C. Community Trust to continue to remain a going concern for the foreseeable future and have therefore adopted the 80ing concern basis in the preparation of these financial statements. There are therefore no material vncertainties about the charity's ability to continue as a 80in8 concern. 28 BLACKPOOL F.C. COMMUNITY TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31st AUGUST 2024 Fund accounting Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes. Designated funds are unrestricted funds earmarked by the trustees for parttcular future project or commitment. Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes.. restricted income funds or endowment funds. Incoming resources All incoming resources are included in the statement of financial activities when entitlement has passed to the charity,. it is probable that the economic benelits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income: Income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliablv. Legacy income is recognised when receipt is probable and entitlement is established. Income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers. Income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classifled as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted. Resources expended Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered. and is classified under headings of the statement of financial activities to which it relates: Expenditure on raising funds includes the costs of all fundraising activities. events, non-charitable trading activities, and the sale of donated goods. Expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benelit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities. Other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities. 29 BLACKPOOL F.C. COMMUNITY TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31st AUGUST 2024 All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis. Tanglble assets Tangible assets are initially recorded at Cost, and subsequently stated at cost less any accumulated depreciation and impairment10sses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses, unless it reverses a charge for impairment that has previously been recognised as expenditure within the statement of financial activities. A decrease in the carryin8 amount of an asset as a result of revaluation, 15 recognised in other recognised gains and 105ses. except to whlch it offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activities. The capitalisation policy adopted by the charity is to capitalise items costing over £1,000. Depreciation Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows: Fixtures and Fitknngs Motor vehicles IT Equipment Facility Straight line over 7-10 years Straight line over 5 years Straight line over 3 years Straight line over the term of the lease Impairment of fixed assets A review for indicators of impairment is carried out at each reporting date. with the recoverable amount being estimated where such indicators exist. Where the carrying value exceed5 the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generatin8 unit to which the asset belongs. The ca5h-8enerating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other a55ets or groups of assets. 30 BLACKPOOL F.C. COMMUNITY TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31st AUGUST 2024 Limlted by guarantee In the event of the company being wound up members are required to contribute an amount not exceeding £10. Irrecoverable VAT The charity is not registered for Value Added Tax and accordingly income and expenditure includes the irrecoverable Value Added Tax elernent where applicable. Cash and cash equlvalents Cash and cash equivalents include cash in hand, deposits held at call with banks and bank overdrafts. Overdrafts are shown within borrowings in current liabilities. Financial Instruments The charity only has financial assets Idebtors, cash and bank balances) and financial liabilities {creditors and accruals) of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value. Creditors and Provlslons Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due. Operating Lease Agreement5 Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remains with the lessor are charged as an expense in the SOFA on a straight line basis over the period of the lease. Taxation The company is a registered charity and as such is entitled to tax exemptions on all its income and gains, properly applied for charitable purposes. Pensions The charity operates a defined contribution pension scheme using a Group Personal Pension Plan, and the pension charge represents the amounts payable by the charity to the fund in respect of the year. 31 BLACKPOOL F.C. COMMUNITY TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31st AUGUST 2024 Income from donations and 8fdnts - 2024 Unrestrlrted Funds Restrirted funds Total Funds Attive Through Football Tower Above Armed Forces Covenant Fund Veterans Foundation Kicks FIt2Go Primary Stars Unstoppable Insplres FA Girls Engage 4 Chan8e Kello88's Football Camps Rank Foundation Heads up Walk Your Goals Winter Hubs Summer Hubs NCS Tar8eted DofE Award Scheme Grant PLCF Fands Fund (Esports) Christmas 2023 appeal Wholly unrestrirted activities 149,761 55.000 32,000 10.000 105,000 33,924 loo.000 25,000 50,000 25,000 5,251 14.400 3,000 52,002 19,700 100,335 14,983 61,864 1,828 25,000 26,856 149,761 55,000 32,000 10,000 105,000 33,924 loo.￿0 25,000 50,000 25,000 5,251 14,400 3,000 52,002 19,700 100,335 14,983 61,864 1,828 25,OiXI 26,856 1,953,094 1.953,094 1,953,094 910,904 2,863,998 32 BLACKPOOL F.C. COMMUNITY TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31st AUGUST 2024 Income from donations and grants- 2023 Unrestricted Funds Restricted funds Total Funds Active Through Football Tower Above Armed Forces Covenant Fund Blackpool Engaged Disability Sport Every Player Counts Veterans Foundation Warm Up Hub Kicks Fit2Go Primary Stars Unstoppable Inspires FA Girls EFL Headstart Engage 4 Change Foodbank Pre Traineeship DOE Grant Wholly unrestricted activities 122,732 61,259 17,433 28,000 30,475 27.246 12,500 13,316 I25,C￿0 34,175 ioo,(J)o 25,000 50,000 25,000 4,906 6,250 10,000 33,822 1,262 122,732 61,259 17,433 28,000 30,475 27.246 12,500 13,316 125,000 34,175 loo,000 25.000 50,000 25.000 4,906 6,250 10.000 33,822 1,262 1,985.736 1,985,736 1,985,736 728,376 2.714,112 Other Income- 2024 Unrestrlrted Restricted funds funds Total funds Other income 54,371 54,371 54,371 54,371 Other Income- 2023 Unrestrlrted Restrirted funds funds Total funds Other income 39.067 39,067 39,067 39,067 33 8LACKPOOL F.C. COMMUNITV TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31st AUGUST 2024 Expenditure on charltable activlties by fund type- 2024 Unrestrlrted Funds Restrlrted funds Total Funds Active Through Football Tower Above Armed Forces Covenant Fund Veterans Foundation Kicks Fit2Go Primary Stars Unstoppable Inspires FA Girls En8a8e 4 Change Kello8g's Football Camps Rank Foundation Heads up Winter Hubs Summer Hubs NCS Targeted DofE Award Scheme Grant PLCF Fands Fund (Esports) Christmas 2023 appeal Blackpool Engaged Disability Sport Restritted Fixed Assets Wholly unrestricted activities 142,734 55,0 32,0(Kl 11,667 105,000 33,925 Ico,000 25,000 50,000 25,000 5,251 14,400 3,000 26,001 100,335 12,086 61,864 383 25.000 26,856 28.0(Kl 25,650 14,795 142,734 55.o¢XI 32,0 11,667 105,000 33,925 loo,000 25,000 50,000 25,000 5,251 14,400 3,000 26,001 100,335 12,086 61,864 383 25,000 26,856 28,000 25,650 14,795 1.921,550 1,921,550 1,921,550 923,945 2,845,495 34 BLACKPOOL F.C. COMMUNITY TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31st AUGUST 2024 Expenditure on charltable a¢tlvltles by fund type- 2023 Unrestrlcted funds Restrfcted funds Total funds Active Through Football Tower Above Armed Forces Covenant Fund Disability Sport Every Player Counts Veterans Foundation Divert Youth Warm Up Hub Kicks FIt2Go Primary Stars Unstoppable Head Start Apprenticeships Christmas 2020 appeal Insplres FA Girls EFL Headstart Engage 4 Chan8e Foodbank Pre Traineeshlp Department of Education Restricted fixed assets Wholly unrestrlcted activities 114,409 61,259 30,623 4.825 27,246 114,409 61.259 30,623 4,825 27,246 5,000 4.744 13,316 125,000 34.175 loo,000 2S,000 25,592 22,962 50.000 25,000 4,906 6,250 10,000 33,822 1,262 14,795 1,942.159 4.744 13,316 125,000 34,175 loo,000 25.000 25,592 22,962 50,000 25,CrfXI 4,906 6.250 10,000 33,822 1,262 14,795 1.942,159 1,942,159 740,186 2,682,345 35 BLACKPOOL F.C. COMMUNITY TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31sl AUGUST 2024 Cost of charitable activlties- 2024 Unrestrirted funds Restricted funds Total funds Staff costs Overheads Premises Expenses Residentials, trips & events Resources & other delivery costs Staff related costs Vehicle expenses Office expenses Depreciation Outsourced services 1,310,305 31,778 199.902 13,682 205.031 42.148 4,691 5,777 24,972 83,264 795,542 29,304 12,352 2,951 61,835 7,142 2,105,847 61,082 212,254 16,633 266,866 49.290 4,691 5,801 39,767 83,264 24 14,795 1,921,550 923,945 2,845,495 Cost of charitable artivlties- 2023 Unrestricted funds Restrlrted funds Total Funds Staff costs Overheads Premises Expenses Residentials, trips & events Resources & other delivery costs Staff related costs Vehicle expenses Office expenses Depreciation Outsourced services Grants and donations made 1,323,317 134,356 187.134 9,113 139,529 32.315 2,461 19,698 25,596 67,835 805 641,449 30,624 7,000 2.403 37,724 5,827 1,964,766 164,980 194.134 11,516 177,253 38,142 2,461 20,062 40,391 67,835 805 364 14.795 1.942,159 740.186 2,682,345 36 BLACKPOOL F.C. COMMUNITY TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31st AUGUST 2024 Taxation The charity's activities fall within the exemptions afforded by the provisions of the Income and Corporation TaxesAct 1988. Accordingly, there is notaxation charge in thesefinancial statements. Net Income Net income is stated after chargingllcreditingl: 2024 Total 2023 Total Depreciation of tangible fixed assets Fees payable for the audit of the financial statements 39,767 11,325 41.244 10,000 Staff costs The total staff costs and employee benefits for the reporting period are analysed as follows: 2024 Total 2023 Total Wages and salaries Social security costs Pension costs 1,907,969 163,831 34,047 1,791,776 140,451 32,539 Net staff costs 2,105,847 1,964,766 The average head count of employees during the year was 9212023: 901. The average number of employee5 during the year is analysed 35 follows: 2024 Total 2023 Total Number of administrative staff Number of management staff Number of delivery staff 82 80 92 90 37 BLACKPOOL F.C. COMMUNITY TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31st AUGUST 2024 Staff costs Icontinued) The number of employees whose remuneration for the year fell within the following bands, were: 2024 Total 2023 Total £70,000 to £79,999 £80,000 to £89.999 Key Management Personnel Key management personnel include all persons that have authority and responsibility for planning, directing. and controllingthe activities of the charity. The total compensation including salary, pension and employers, national insurance paid to key management personnel for services provided to the charity was £379,81812023: £348,703). Trustee Remuneration and Expenses and Related Party Transactions No trustees received any remuneration or reimbursement of expenditure during the year or the previous year. Durin8 the year £185,78412023: £155,314) was charged by The Blackpool Football Club Limited for facility charges and other costs and £60,11612023: £61.4821 by Blackpool Football Club Hotel Ltd for meals provided to scheme participants. In addition, £44,73012023: £23,214) was charged by the Charity to Blackpool Football Club Ltd for venue hire and scheme participation costs. Trustees Mr J Winter and MR N Horne are directors of The Blackpool Football Club Ltd and Trustee Mr J Winter is a director of Blackpool Football Club Hotel Ltd. Trustee Mrs C Singleton is the sister of the owner of The Blackpool Football Club Limited, Mr S Sadler. The Blackpool F.C. Community Trust occupies offices within The Blackpool Football Club Limited's serviced accommodation- Offices under the term of a 25-year agreement dated 4th February 2018. This accommodation is provided rent free, but there is an annual service charge of £8,000 plus VAT payable for cleaning, maintenance, and other services. The agreement also contains provision for the 38 BLACKPOOL F.C. COMMUNifY TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31st AUGUST 2024 Trustee Remuneration and Expenses and Related Party Transartlons (continued) recharge of additional service5 including heat and light. Charges totalling £20,974 were made durin8 the year,12023. £16.7401. Space used for the Education & Community Centre under the term of a 25-year agreement dated 10 May 2019. This accommodation is provided rent free, but there is an annual service charge of £8,000 plus VAT payable for cleaning, maintenance and other services. The agreement also contains provision for the recharge of additional services including heat and light. Charges totalling £30,435 were made durin8 the year,12023: £18,607}. Space used for the BFC School. This is subject of a 10-year agreement which at the date of signing these accounts was in the final stages of negotiation. The space has been occupied since September 2020with an annual rental of £54,000 plus VAT. The agreement also contains provision for the recharge of additional services including heat and light. Charges totalling £50,374 were made during the year12023: £40,020). Durin8 the year grants and scheme funding totalling £590,07512023'. £791.5371 were received from Blackpool Council. In addition, £19,36212023' 14,9721 was charged by Blackpool Council for scheme delivery costs, and £5.75312023.' 24,3191 for business rates. Trustee N Jack is the Chief Executive Officer of Blackpool Council. During the year the Blackpool FC Community Trust Invoiced £45,165 12023: £33.8001 to Unity Academy. In addition, £4,600 was charged by Unity Academy for scheme delivery costs12023: £Nill. CEO Mr A Hackett was a member of the governing board of Unity Academy until February 2024. CEO Mr Ashley Hackett was appointed as a director of EFL in the Communlty in May 2024. In the period since his appointment, funding totalling £48.576 was received from EFL in the Community. No other trustees or other person related to the charity had any personal interest in any contract or transaction entered into by the charity during the year12023: £Nill. 39 BLACKPOOL F.C. COMMUNITY TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31st AUGUST 2024 io. Tanglble Flxed Assets Flxtures and Equlpment Motor Vehlcles FaclSltles Total At I September 2023 Additions Disposals Transfer 25,411 16,531 544,726 28,21)0 598,337 16,531 {2,5601 2,560 At 31 Au8USt 2024 39.382 547,286 28,200 614,868 Depreclation At I September 2023 Charge for the year On disposals Transfer 11,257 3,651 95,870 31,475 18,559 4,641 125,686 39,767 19941 994 At 31 Au8USt 2024 13,914 128,339 23,200 165,453 Net Book Value At 31 Au8USt 2024 25,468 418,947 5,000 449,415 At 31 Au8USt 2023 14,154 448.856 9.641 472,651 BLACKPOOL F.C. COMMUNITY TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31st AUGUST 2024 ii. Debtors 2024 2023 Trade debtors Prepayments and accrued inwme Other debtor5 384,561 149,631 1,203 373,059 174.118 315 535,395 547,492 12. Credltors- amounts falllng due wlthln one year 2024 2023 Trade creditors Accruals and deferred income Social security and other taxes Klckstart- DWP Other creditors 132,793 123.577 51,262 44,730 15,519 65,276 193,728 45,887 44,730 5,900 367.881 355,521 13. Deferred Income 2024 2023 Opening balance Amount released to income resource5 Amount deferred In year 5,000 15,000) 660 5,000 Closin8 balance 660 5.000 41 BLACKPOOL F.C. COMMUNITY TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31st AUGUST 2024 14. Analysls of charitable funds Unrestrlrted funds Atl September 2023 At31 Au8USt 2024 Income Expendlture Trdnsfer Unrestrlctedfunds General 1,197,785 2,007,465 11.851,200) 1383,6011 970,449 Designatedfund5 Fixed a5sets- General Famlly Hub5 Mental Health Weight Management New Roles ISafeguardln8 & In House Finance) Aspire Floodlights BFC Ladles Disability Sport Warm Hubs Tier 2 Weight Management 230,568 40,000 15,000 15,000 57,287 230,568 40,OCKI 15,0(J) 15,oIXI 57,287 18,269 7,477 18,269 7,477 5,350 35,0 30,OCKI 15,3501 {35.0001 {30,0001 1,268,135 2,007,465 {1,921,5501 1,354,050 42 BLACKPOOL F.C. COMMUNITY TRUST NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31st AUGUST 2024 14. Analysis of charltable funds (continued} Atl September 2022 At31 August 2023 Income Expendlture Transfer Unrestrictedfunds General 1,002,321 2,024.803 11,758,989) 170,3501 1,197.785 Designotedfunds Growth of Sport Development Coordinated and Cohesive Youth programme Community Engagement Community Navigation NCS Autumn United Together Tower Above Disability Sport Warm Hub Tier 2 Weight Management 25,000 20,000 125,0001 {20,0001 41,500 4.650 62,070 9,950 20,IX)O 141,5001 14.6501 {62,0701 19,9501 120,000) 5,350 30,OCK) 35,OCrfJ 5,350 30,000 35,000 1,185,491 2,024,803 11,942,159} 1,268,135 Fixed assets- General-This represents the amount spent on fixed assets. Famlly Hubs - Funding to support the implementation of the additional Family Hubs offer, delivered at Bloomfield Road Stadium for the upcoming year, to include mum and baby groups and additional family education provision. Mental Health - To develop and implement an adult football mental health pro8ramme and support initial months, with facility and staffing costs. Wei8ht Management To pilot a new weight management, fitness programme of activity. Funding to pump fund initial months of facility and staffing costs. New Roles {Safeguardlng & In House Flnance) - More and more support is needed for our internal students in BFC School and BFC College and wider participants, due to heightened safeguarding concerns raised in their daily lives. With a dedicated post, we hope to reduce the barriers our participants meet to engage positively in provision. In addition for the size of the charity, a full-time linance lead is now needed to give appropriate operational and strategic thinking to the security and sustainability of the organisation. Aspire Floodlights - Provision to replace the floodlights at the Aspire facility to ensure that the outdoor pitches and courts can continue to be used throughout the winter months. BFC Ladies- FA Cup fundin8 from the 2023124 season to support makin8 ladies football free to play, in Blackpool. 43 BLACKPOOL F.C. COMMUNITY TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31st AUGUST 2024 14. Analysis of charitable funds (continued) Restrlded funds Atl September 2023 At31 August 2024 Incorne Expenditure Transfer Restricted fixed assets Active Through Football Tower Above Armed Forces Covenant Fund Veterans Foundation Kicks Fit2Go Primary Stars Unstoppable Inspires FA Girls Engage 4 Change Kellogg's Football Camps Rank Foundation Heads up Walk Your Goals Winter Hubs Summer Hubs NCS Targeted DofE Award Scheme Grant PLCF Fands Fund (Esports) Christmas 2023 appeal Blackpool En8a8ed Disability Sport 233,641 21,979 114,795} 1142,7341 155,0001 132,0001 111,6671 1105,0001 133,9241 iioo.0001 125,0001 150.0001 125,0001 15.2511 114,4001 13,0001 126,0011 218.846 29,005 149,761 55,000 32,000 10,000 105.000 33,924 ioo,o 25,0(KJ 50,000 25,0(KJ 5,251 14.4LKI 3,000 52,002 19,7LXI 100,335 14,983 61,864 1.828 25,000 26,856 7,500 5,833 26,001 19,700 {100,335} 112,0861 161,8641 1383} 125,000) 126,856} 128,Crf)O} 125,650} 2.897 1,446 28,000 25,650 316,770 910.904 1923.9451 303,728 44 BLACKPOOL F.C. COMMUNITY TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31st AUGUST 2024 14. Analysis of charitable funds (continued) Included in restricted funds carried forward are the following balances. Further detail is provided regarding both restritted and unrestricted income within the Tru5tees' Report. Restrlrted Fixed Assets - £218,846 During the year ended 31 August 2020, sums of £292,286 were received from funders to offset the cost of fixed assets purchased. This sum comprised £264,036towards the costof thefacility, £20,250 towards the cost of a minibus and £8,000 towards equipment. These sums being written off over the period of use of the related a55ets. Artive Through Football - £29,005 The project target5 working-age adults who live or work in the Park Ward and Central West corridor, to become more active through football, with its primary focus being improved physical and mental health and wellbeing. Heads up - £26,001 This project improves well-being across Blackpool through a multifaceted offer of activities using peer support, l.'I mentoring. and group physical activities. The target group is adults aged 18+ with moderate to severe mental health needs. Walk Your Goals- £19,700 This project will deliver a programme of social and physical activities for adults experiencing,. or at risk of,. isolation and health conditions,. includinE older adults aged S0+,. individuals with learning disabilities,. mobility iS5ues,' and stroke victims. The sessions will comprise 60 minutes of walking football- followed by 60 minutes of socialisin8 over warm drinks and snacks. Duke Of Edinburgh Award Scheme Grant- £1,446 This grant is to provide financial support for the students from the BFC School achieve the Duke of Edinburgh Award. Summer Hubs- £2,897 This project provides a warm and welcoming space open to all within our community Veterans Foundation- £5,833 This funding was received during the year to recruit and employ an armed forces lead to offer peer support groups and physical and social activities. 45 BLACKPOOL F.C. COMMUNITY TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31st AUGUST 2024 14. Analysls of tharltable funds {continued} Restrlcted funds Atl September 2022 At31 August 2023 Income Expenditure Transfer Restricted fixed assets Active Through Football Tower Above Armed Forces Covenant Fund Blackpool Engaged Disability Sport Every Player Counts Veterans Foundation Divert Youth Warm Up Hub Kicks Fit2Go Primary Stars Unstoppable Inspires Head Start Apprenticeships Christmas 2020 appeal FA Girls EFL Headstart Engage 4 Change Foodbank Pre Traineeship Department of Education 248.436 13,656 114.7951 1114,4101 161.2591 130.6221 233.641 21,978 122,732 61,259 17,433 28,000 30,475 27.246 12,500 13.189 28,000 25.650 14.8251 127,2461 15,0001 14.7441 {13,316) 1125,000} {34,1751 1100,000} {25,000) 150,000) 125,592) 122,962) 125,000} 14,906} 16,250} iio,000} 133,8221 {1,2621 7,500 4.744 13,316 125,000 34,175 loo,000 25,000 50,0(N) 25.592 22,962 25,000 4,906 6,250 io,ocY) 33,822 1,262 328.579 728,376 1740,1861 316,769 46 BLACKPOOL F.C. COMMUNITY TRUST NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31st AUGUST 2024 14. Analysis of charltable funds Icontinued) Included in restricted funds carried forward are the following balances. Further detail is provided regarding both restricted and unrestricted income within the Trustees, Report. Restricted Flxed Assets - £233,641 During the year ended 31 August 2020. sums of £292,286 were received from funders to offset the cost of fixed assets purchased. This sum comprised £264,036 towards the cost of the facility, £20,250 towards the cost of a minibus and £8,000 towards equipment. These sums being written off over the period of use of the related assets. Active Throu8h Football - £21,978 The project targets working-age adults who live or work in the Park Ward and Central West corridor. to become more active through football, with its primary focus being improved physical and mental health and wellbeing. 8lackpool Engaged - £28,000 During the year, the charity received funding to deliver a programme of social and physical activity that improves mental health and social inclusion for adults aged 50+. Dlsability Sport- £25,650 Funds were received from the following: Sport England- £9.650- These funds were provided to help target adults aged 18 and over with physical learning and mental disabilities to participate in sport and physical activities. Hargreaves Foundation- £16.000- Funding provided to help give residents the opportunity to combine sport and physical activitywith long term support to combat diverse issue. Funds provided for staff costs and equipment. Veterans Foundatlon - £7,500 Thi5 funding was received during the year to recruit and employ an armed forces lead to offer peer support groups and physical and social activities. 47 BLACKPOOL F.C. COMMUNITY TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31st AUGUST 2024 15. Analysls of net assets between funds Unrestrirted funds Restrlcted Total funds funds 2024 Tangible fixed assets Current assets Creditors less than l year 230,568 1,491,364 1367,8821 218,846 84.882 449,414 1,576.246 1367,882} Net assets 1,354,050 303,728 1,657,778 Unrestricted Funds Restrirted Total funds fund5 2023 Tangible fixed assets Current assets Creditors less than l year 239,009 1,384.647 1355,5211 233,641 83,128 472,650 1,467,775 1355,5211 Net assets 1,268,135 316,769 1,584,904 16. Agent Costs During the year, the charity has acted as an agent for the Kickstart scheme. This involved receiving money from the DWP and distributing It out to employers who were eligible for the scheme. The amount of incorne and expenditure is as follows: 2024 2023 Brou8ht forward Received Paid out 44,730 47,986 3,663 16.9191 Held by the agent 44,730 44,730 48 8LACKPOOL F.C. COMMUNITY TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31st AUGUST 2024 17. Operating leases At the reporting end date, the charity had outstanding commitments for future minimum lease payments under non-cancellable operating leases, whi¢h fall due as follows: 2024 2023 Withln one year Between two and five years In over five year5 19,200 76,800 270,141 19,200 76,800 289,368 366,141 385,368 18. Flnanclal guarantees The Football Foundation hold a legal charge over restricted tangible fixed assets owned by the charity. At the year end, the lixed assets had a carrying value of £218,846 {2023'. £233,641). The legal charge 15 for a period of 21 years from 16 Ottober 2019 and relates to grant funding recelved of £286,390. 49