REGISTERED COMPANY NUMBER: 06799376 (England and Wales} REGISTERED CHARITY NUMBER.. 1128443 FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 FOR CARDIFF crry FC COMMUNrrY FOUNDATION Bevan Buckland LLP (Slatutory Auditors) Ground Fbor Cardigan House Casue Court Swansèa Enterprise Park Swansea SA7 9LA
CARDIFF crry FC COMMUNITY FOUKIATION CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 Pa98 Rèport of thè Trustees 1 to 7 Report of the Independent Auditors 8 to 10 Statement tsf Flnanclal Acbvitles 11 Balance Sheet 12 Cash Flow Ststement 13 Notes to the Cash Flow Siatemerrt 14 Notes to thè Flnancial SLitements 15 to 27
CARDIFF crry FC COMMUNtfY FOUNDATION (REGISTERED MUMBER- 067993761 REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2025 The trustees who are also direciors of the charity for ihe purposes ol the Companies Act 21106, present their report with the financi81 statements ol the charity for the year elKJ1 31 August 2025. The trustees have adopted the provisions of Accounting and Reporting by Chariknes.. Statement of Reix)mmended Practice aptyic8Ne to charities preparing theii a¢wunts in acran(C with the Flnandal Repming stsndard appllcable In ihe UK and Republ of Ireland {FRS 1021 leffectlve 1 January 20191. OBJECTIVES AND ACTWMES The Trustees present the Annual Rep(t and Audrtl Financol Slatements forthe year ended 31 August 2025. About Cardifl Ci ar FC Cownmu ommunity Foundation e official charity of Cardiff Cty FC. oun Mission 7rui mission is to use the inspiratK)n of CardtN City FC to change lives arKI transform Commune5. Vision ur vislon is for people in our communities to ach*ve their full potentia. Goals mproving health and wellbeing. Supporting learning and skills. Building stronger communthes. Ob-ectives o Incr88se our r8ach wthin our comwnuniThes. To deepen our impact wthin our communihes. To build a resilient and 5U51aInae organisatwjn. Values assion - we are pzs510nate abLWt inspinng others. Respect- we show respect and compas&on. Inclusion - we prDmole inclusion, celebrale dIVety and tha1nge di5crwnination. collaborab.on - we work together to make change. Innovation- w8 Irnagine Ihe possble slrive for contirMJous iwnprovewnent. Our Pro rammes I Services rimary uca ion ping children leam. slay aclive. and de¥dop essenlial life skills. S8condary Education - Supporting young people to thrive in sthotA. irnpioie wellbeing. and prep8re th fulure_ Further & Higher Educatiw IFE & HEI- cwb.ng pathways lo educati. training. and employment for young adults. Youth Outrea¢h- Eroaging young ppIe aged 11-18 through prevents. support. and belonging within their Communit$. Communty & Health - Prornoting health. well1lg. and (x)nnection auos5 the wder Cardiff City community. Bluebirds Experiences - Soccer Schools Ob-ectives for the Public Benefrt ation s o iectives are for the benefit of the public generally and. in parbcular, the inhabitants of Cardiff and its surrounding areas.. To promote community participats'on in healthy reueath)n by providing facilrties for playing of assOc'0n football and other sports capable of irryjroving heath (falitieS. in this case means larKI. buildings. equipment and organising sporting activities); To provide and 8SSiSt in promdiro fac11t5 for swrt. recrealKJn or other leisure time c¢cupalion of such persons who have need lor such facilities by reason of their youth. age. infirmity or d sablement. povety or social and economic cirMstanceS or lor Ihe public al Large in interests of social welfare and with the obiect of improving their conditions of life", To advan the education of ¢hildh¢xKI and young pew)le through such means as the trustees think fit in accordance with chanty law.. and For the general purposes of such charitable bodies or for such other exclusively chariiable purposes in each case as irustees may from time to time deode. Pw1
CARDIFF crry FC COMMUNtfY FOUNDATION (REGISTERED MUMBER- 067993761 REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2025 Back At the heart of our Missi is the bdief that f(x)Iball dub5 can inspire hope, passw. and a sense ol belonging. During the year, the charity continued to [VIde services wtich conlribuled to our three lotyj-term (xjtcomes.. improving heallh and wellbeing. supporting leaming and skills. and buildiig strongèr communities. We adopted a mre place-based approach to seNice delivery, fo¢ussing our efft)rts within specthc comrtKJnities. This apwoach contnbuted to a succe&sive Ctsrd year lor engagement and social impact as we strengthened CneCtionS with l(Kal partners and resnded diTedy to local need. In Primary Education, we harnessed the power of ftM)tball to help chilthen leam. stay active, and develop essential life skills. Within Secondary Education, our programmes supported young people to thrive acaéemically, enhance their wellbeing. and prepare lor fijtuie 5ucce5s. Oui Further and Higher Educaknon IFE & HEI inrtiatives created pathway5 to education. training, and employtnent, providing young adults with opp(Yiuntbes to grow in a supptKtNe enrment. Our Youth Outreach programmes helped ale sa-er. more indusive o)mmunitiÈs by engaging young pecple aged 11-18 through free football sessions, personal development opportunities. and pathways to education and employment. Through our Community inilialives. we extended support acioss the wider Cardrff City commurwty. promoting heamh and wellbeing. and fostering a Sense of belonging through projects such as Fit Bluebirds. th2 1927 Club. and Arrned Forces Veterans Hub. Like many other third sector organisations. the charity experienced rising demand for services during a period of increased costs and reducing income. Pw2
CARDIFF crry FC COMMUNtfY FOUNDATION (REGISTERED MUMBER- 067993761 REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2025 ACHIEVEMENTS AND PERFORMANCE K• Achleveménts and Pèrfomiane• servi Engagement Durlng Ihe year, 14,549 servlce users engaged wnh our programmes. up from 13.861 In 2023124. There were 156,926 recorded attendaneès, compared with 147.657 the prevK)us year. Of those we supwled.. 13.10 were from ethn minority ba(*gr¢yJnds {2023124-. 15°k) 44% were remale12024. 36 /ol 10Yo weie living with a di5ablity12023,e4". 10%1 These figures refied our ongoing commitrnent to indusion arKI our efforts to engage the diverse communities w8 serve. Service Delivery Overvi In 2024125. the Cotlltnunity FourKlation delivered 11.080 s&55ions across 138 schools and community venu8s. an increase from 9,619 sessions at 131 venues in 2023124. In total. programmes account1 9.962.6 delNery hours. with additional activity through the House of Sport bringi the overall total to 1 S.639 hours. Geographlcal Dellvery Our programmes reached communities across s•v•n local authorltlos, denM)nstrating both ihe breadth and depth ol our engagement.. ardiff h05te(I Ihe largest proporbon of vwues153%1 aj delivwy hours135.3%1, reflecting our strong bcal presence and concentration of actwity around the cty. Rhondda Cynon Taf IRCTI accrKJnted for 21¥4 ol ¥•nuès 8nd of dèli¥•ry hours. high1hting thÈ impact and inlensily ol our edUcatn and communily programmes In the region. Vale of Glamorgan repsented 10% of venues and 18.5% of IMXJIS. showing effectwe ub"lisation offllibe$ lo reach corntnunities Outside Cardrfr. Caerphilly accounted for 7% of venues111 venues) of total hour5, reinforcing our )mMitrent to wider county participalim. Merthyr Tydfil, Blaenau Gwent. and BridgeTrd ctAlectivety accounted for the reMaining venue$14°k. 3,. and 2% respectively) anLI 16.10 oldelivery hours. refknting our growing reach into neighbouring valY and coaslal Communit$.and Inlo Gwenl. These figu$ demnstrale nol wly the scale of our delivery bul also Ihe effi¢>w¢y and intensity of our programmes across Cardiff and the surrounding areas. ensuring we rf4qke a meaningfvl iThpacl across Ihe S¢)uth Wales regi¢)n. Strengthenlng Communities Through Targeted Delfvery 78. of all delivery hours took place within communities ranked in the t4)p half of the WIMD ind& demonstrating ¥ strong coFnmiiment to supp(¥bng areas where OUT work can make the greatest drft&r&ncg. Over half152°Al of our delivery venue$ were k)cated in the top 30% most deprived communities. ensuring programmes remain accessible to those who benefft mosl from earfy supFx)rt, FX)sikn"ve engagement, arK1 meaningful opportunities. 1 in 10 delivery hwrs were based in the top 10% most deprived areas. refle19 a Gonsis1ent effort to reach communitS facing the grÈatesl challenges. 21O/ts of all vènuès used wèrè situatÈd within thè top 10% most dèpriv eommlthitiès. ènabling Sustsined presence 3nd deeper local engagemeTht. Social Impacl During the year we announced our eSthMat social impad value of É33 4 million a substanbal rise from f17 9 million irn th previous year. The data. Independently assessed using the UEFA Scxial Rethm on Investmenl model and supported by r2search from social vaue speoalists Substance. highlwJhts the Foundation's far-reathing influence In areas such as health and wellbeing, leanNng and ski115 and building stronger communrties. Health & Wellbeing 91¥u of seNice user5 reported improved physical heallh 90Vo of Servi users reported improved mental and enx)ts"onal wellbeiryj Learning & Sknlls 8990 015ervicE user5 reported an imptDved attitude lo leaming 88 1u of service users reported personal development and wogre55wJn Buil(thng stronger communities 93VD of service users ported an in¢ased serse of belonging wilhin their community 89% 01 Servi usets rewied improved relationships with pS Pw3
CARDIFF crry FC COMMUNtfY FOUNDATION (REGISTERED MUMBER- 067993761 REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2025 Sèrvleè Dèvèlo mènt & Futur• Plan$ Our plans for servlce development Indude.. Place based approach- continuous improvement and roll out of place-based apwoath. Learning and skills - introduction ol a new Junior Apprenticeship and growth of FEIHE. Health- irtteasing availability of progtammes (k&gned to improve health a1 wellb&ng. Risks anil UnGertainties Risk managèm•nt stat•m•nt The Iiustees have exatnined the major strategic tJne$S and operab.onal risks whth the Foundation faces and confirm that systetns have been established lo enable regular ietxjrts to be pt(Kluced so that the neSSary slep5 can be taken to lessen their risk The trustees are aware of the strict safeguarding policies aid pr(edureS when workiTh3 wilh dildren and adults at risk and are Involed In reviewing these policies and procedures on a regulai basis. Tye trustees a a150 aware ol the Importan of compliance with said regulations relating to Health and Safety. Data Protection arHI Fundiaising by staff and volunteers. Financial Review and Financial Position Total incotning reSoUS amounted lo £1.767,244 12Q123124 - £1.646.5051 with £1.495 $52 12023124 £1.405,4741 compiising charitable Incotne. The balance of £271.69212023124- 41.031) represenb.ngl gerTreral donab.ons and investrnent income. Total resources expended amunted to £1.758,03512023124 - £1,752,118 wrth £1.558.75712023124 £1,540.9751 of this being dirECtly on charitable activities, £189.37812023124 - £209.569110 5UPFXJrt the delivery of seNces and £9,90O12023124- £1,574) on fundraising costs. The net movement in funds was a Surplus of £9.20912023124 - defi[ of £105,613). The balance sheet at 31 August 2025 shows total reserves carried fcyward 01 £994.60412024 - £385,395). Princi le FurKlin Sources e piincip un Ing provi ers were the Premier League Charitable Fund 135%). Caidiff and V8 Cdlege 115VAI, Cardiff City FC 112Q/ol and thè English Footb811 LÈ8gue Trust {10%1. Reserves Polic The board ol trustées réviews thè Charity's rèserves rK)licy a)nually in regard to the changing financial. rÈgulaltsry and compètitivè ènvironmènt. In considering the level of fvee reserves thè chanty skould hold. several factors are ¢onsidered induding but not limited lo, Cur nl and anlicipaled levels CTrf income and expenditu. liquNJity and non4nonetary assets. risks. opporlunib'es and contingencies. Th6 ovèrall aim is to usè funds earsfully to furlher d)ariia)16 objècivès whilst maintaining a prudènt18vel ol IrÈa rèsèrvès. Frèè reserves arts dtrfined a> unrestwl&d funds, exdu¢ing any committed designaied fund$, that a not Invgsted in fun¢lional fixed assets The trustees consider that given ihe natu of the charity's r)rk. ihe charity should hd(J fe reserves equiwalent to between three to six months total expeThJiture. The tnJst*s are ol the opinion that Ihi8 prowdes suffifient flexibility to cover temporary shortfalls in inGoming resour¢es due to timing dIffereGe5 in Ircome fl(ws, adequate working caprtal to Cover CO (x)sts, and will allow Ihtt charity to cope and respond to unforeseen events whilst acknon plans are implemented. The lolal level ol unrestricted reserve funds at year end was £952.781. Thk8 is more Ihan approximately 6 months of the projected expenditure for 24125. This in line with the above pdicy. The Iruslees are aware that this level of reserves is ightlY greater than the gUe detailed above, due to the outcome lor the year being better than projecled and have taken this into consideration in selbng the budget 2025126. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The chanty is controlled by its VernIng dcKum•tt. a Oeed of Irvst, and consty"tutes a I"mitecl ccmpany. Imiled by guarantee, as defined by the Companies Act 2006. Pw4
CARDIFF crry FC COMMUNtfY FOUNDATION (REGISTERED MUMBER- 067993761 REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2025 STRUCTURE, GOVERNANCE AND MANAGEMENT Govèmlng Doeum•nt Cardiff City FC Community Foundation a Gharrtable company lirnited by guarantee. incorporated on January 22, 2009 and reglslered as a charlty on March 6, 2009. The company was esiabllshed under a Memorandvm of Assoc131n which establlshe the objectives and powers ol the company aThJ is governed under its Arlicles of Assoaalion. In the event of the company being wound up members are required to contribute an amount not exceethrKJ £10. Recruitmgnt of Tru$t8e$ Tlie chafily trustees for Ihe purpose ol charity law are also the diredor5 lor the putpw)5e of company law. Under the Articles of Association. the board of trustees shall rnot be kss than seven and not more than 12 and shall consist ol up to the tiustees norninated by Cardiff City FC and four or rrKwe trustees appointed b> the Irustees. Apart from the nominated trustees. trustees are appointed for a term of three years and may see a maximum of three consecutive terms. In sdecting individuals for appThIMent as truslees. the trustees give regard to the skills. knowWg& and experience needed for the effedive govemance of the FTratiOn. Trustees wth speciaist skills ale appointed to ielevant sub-committees. The tru5tees' who served during Ihe year arKI up to the date of this rep( are Set out on page 6. Trustee Induction and Training Trustees receive an induction 2nd accompanying Tnjstee Gwd Govemance Handbook on trEir appointment to the board of tiustees. The Induction InEludes a welcome to trustees and staff an overview ot the structurE. finance. govEinance and adrninistration of the Foundation. All trustees ale DBS checked and -.eceive formal safeguarding training. Trustees aTe Invited to visit projects and meet service us8rs. Trustees also receive regular updales regardiThJ changes in legislab.on aThJ regulatw guidance as well as ongoing training, which includes 5afeguaiding refie5her training. The trustee5 consider the skills, knowledge ar experience needed the effe(ve governance of the Foundation. WorkshoF6 are convened to improve skills and knowledge as required. Decision rnaking The Iru5tees are responsible for 58tb.ng the strategic direction of Foundalion and apprDving Ihe busines5 plan and 8nnual budt. The board ol Imstees typically meets six limes per year. Sub Committees with delegated responsibilily oversee ceriain aspects ol trustee's work and Incle,. Safeguarding Sub Committee, Finance Audil & Risk Sub Committee, Devthpment Sub Commiltee and Rémuneralion Sub Committee. The Foundation has a policy which seis oul the powers delegated lo the Foundalion Direclor. The FOUndatic D1Clor is responsible the execijtion ol the business plan and the day-ttrday management ol the Foundation. The Foundalion Diredor is supported by a Ssnior Lèadèrship Team. Thé Senior Lèadership Team arè consHlered lo be th8 kèy management pèrsonnel of the Foundatim. Remuneration of KMP The Foundation Is committed to ensuring a proper balance belween offering fair pay to attract ancl retain personnel and Caful management of the chariiy's funds. This approach enSUS ihe grealest effeCteneSS in deliveriro our charitable objecb"ves. The organisatn adopts a maximum ratio of4=1 betweèn Ihe highest salary and median sabry. The remuneratK)n of key management personnd is summarised in Note 10_ K•y Partn•Yshlps The Foundakn'on's success is built upon a lon*slding relationship with Cardiff City FC. Our strategic partnerships include the Premier League and Premier League Chartable Furmj. the English Foolball Lea9ue in the Communty and Cardrff & Vale College. Our partnerships with statutory bodies including Local Aulhorityes. schools and community organisalions, fan groups such as Cardiff City Supporters Club help us achieve amplfy our impact. Pw5
CARDIFF crry FC COMMUNtfY FOUNDATION (REGISTERED MUMBER- 067993761 REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2025 REFERENCE ANO ADMINISTRATIVE DETAILS R•glstwed Company numbèr 06799376 (England and Wales) Reglstered Charlty number 1128443 R•glstèr•d offie• House Of Sp(wl 3 C105 Parc Morganrwg Cardiff United Kingdcxn CF118AW Tru¥tewJ Trust&gs who s•rvod durin ama Leighton Andrpws Andr2w Diplock steve Borley Chris Hatcher Ali Abdi VK Choo Hywel Dafydd Katie Dalton Shikala Mansfield Kery5 Sheppard Catrin Stark Huw Warren ViclLYia Vvhiltingham Chair ol Tiustees unkn"11&0512025 {Rerd 11108Q0251 Chair of Trustecs from 15105r2025 Vice Chair ofTSteeS Treasurer (Resigned 10102120251 (Resigned 22110120241 (Resigned 31107120251 (Appointed 15105r20251 Tru5tee5 a euc James Ask8y' Paul Wilkins ointed flwi the end ol the ppoin 20241 (Appointed 15110120251 (Appoin1 15110f2()251 ear 'to notify dub appointment Foundation Dirèetor 8vin aw Zac Lynd0JoneS Inlerim Foundats"on Direclor from 1510712025 Kay Managèmènt P•rsonn•l Namè Gavin Hawkay Samir Mebarki Zac LyndorFJones Veronica Moreno Joanne BerKJon Catherine Angle Rol8 FoundatK)n Dire¢tor (Resgned 14A)712025) of Finance & ReSrCeS Head of Community Development ead ol Govemance and Assurance IReswJned 18108r20251 ead ol Services ead ol Fundrasing an¢J Extemal EngagennI (Appointed 111(W20241 Audltors Bevan Buckland LLP (Statutory Auditors) Grou)d Floor Cardtyan House Castle Court Swansea Enterprise Park Swansea SA7 9LA Bank Barclays Bank plc St Davids Cardiff 28 Working Street Cardny CF10 2DP Pw6
CARDIFF crry FC COMMUNtfY FOUNDATION (REGISTERED MUMBER- 067993761 REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2025 STATEMENT OF TRUSTEES. RESPONSIBIUTIES The tmstees Iwhts are also the directors of Cardiff City FC Community FoJndation for the purposes of company lawl are responsible lor preparing the Report of the Trustees and ihe financial statements in accordance wrth applicable law and United Kinorn AGGounting Standards (United Kin9dom G_e[alty Accepted Aw>unting practi). Company law requires the trustees to prepare finanual stalements for each financial year. Under that law. the trustees have elected to prepare the finanaal staternen in accordance witti United Kingdom Generally Accepted Accounting Practice (United Kinglom A¢counting Standards and applicable lawl. Uiider cornpaiiy law the tru5tee5 musl nol apwove Ihe finarrtal StateeniS unle55 Ihey sie satisfied that they give a true and fair view ol the state ol affairs of the charitable company and ol the incoming resoUS and application of resources. including the inciHne and expenditure. of the charitaNe company for Ihat period. In pparing those finanaal statements. the trustees are requed to Select suitable accounting poliues and then appty them ()S15tenvY. observe the methods and principles in the Charit*s SORP.. make judgements and estimates that a reasonable and prLKlenl". prepare thB financial statetnents on the going concern basis unle55 il is inappr(Ipriate to presume that the charitable cotnpany will continue in business. The trustees are responsible fcy keeping proper accountiThJ records which cisclose with reasonable accuracy al any time the financial poSitn of the charitable company and to enable them to ensure that the financial sktements comply with the Companies Act 2006. They are also re5pon51tAe for safeguaiding the as>ets of the tharrtable company and trEnce for taking reasonable steps for the prevention and detection of fraud arld other iTegulatiti2S_ In so lar as the trustees are aware.. there 15 no relevant audit infortnation of whh the charttable company's auditorE are unaware". at¥J the Irustees have taken all step5 that they ought to have laken to wnake themselve5 aware of any r818vanl audit Information and to establish that the auditor5 are aware of that in[DrmabL. AUDITORS The auditor5, Bevan Buand LLP Istatulory AlIOrs). wil be ptOPDsed lor rtrappoinitnent at the forthcoming Annual General Meeb"ng. Approved by order ol the board ol Injslees on 21 January 2026 aThJ sKJned on its behall by: A P Diplock- Trustee Pw7
REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF CARDIFF CITY FC COMMUNITY FOUNDATION Oplnlon We have audiie¢J the financial staiemenis of Carclff City FC Communrty Founeavon {Ihe 'chantable company'l the year ende 31 Awust 2025 which comprise the Statemenl of Financial Activitres. the Balance Sheet. thè C3sh Flow Statement and notes tcs the financial slatemenls, including a summary ol significAnt accounting wlicies. The financial reporting framework that has been applied in tthr preparation is applicable law and Llnrt&l lfjngdom A¢counkn"n9 Standards (Llnited Kingdom Generylly Accepted Aw(MJnts"ng PradiGel. In ow opinion the finanaal staiements.. give a true and fair view of the slate of the charitable company's affairs as al 31 August 2025 and of its incomiThJ resources and application of resources. including its intome and eXpendilU for ttre year thèn ended: have been properfy prepared in acwrdance with United KiwdtKn Generally Aryepted Accounting Pra. and h3ve beeii prepared In accordaiice wth the requyements of the Companies Aci 26. Basis for opinion We conducted our audit in accordance Intemalional Standards on Auditing IUKI IISAS (UKII and applicable law. OLJr responsibilities under those standaid5 ale furthei described n the Auditors. restxjnsibilitses for the audit of the financial slaternents secbon of our report. We are independent of the ctraritable company in accordance with the ethical iequirements that are relevBnt to our audit of the financial statements in the UK. induding the FRC'S EthicBI Standard, and have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audrt evidence we have obtained is sufficTrenl and apptopriate to pri)vide a basis for our opinK)n. Conclusions relating to going concern In auditing the financial statements, we have conduded thal ihe tr¢tstees' use of the going cA)nrn basis of accounting in the preparation of the finanaal statements is appropriate Based on the work we have plorMed. we have not idenbfied any material uncertaintie5 relats.ng to ev8nt5 or CDnditions that. individually or coll8ctivdy, rnay casl signtficant doubt on lh8 charitabl8 companws ability k) continug as a going conc£m for 8 prIOd of at least twefve mnths from when the finan(ial statements are atrised for ssue. Our iesponsibilities and the resw)n5ibilitie5 of Ihe trustees iespect to goit¥J concern are described In the relevant sectlLY15 of this r8POrt. Other Infom)adon The IIu5lee5 are reSponsie foi the other Inlortnalion. The other Infotmalion comprises the Inlotmalion included in the knnual Report, other than the financial statements and our Reporl of the IndepetNJenl Auditors Ihereon. Our opinion on the financial s131efflènt5 does not Ix>ver the (Aher information and, exopl to thè extent otherwisè explicitly staled in our report. we do nol exwess any lomi ol assuran conduson thereon. In Cnetion with our audit ol thè finanoal statèmen, our responsibility is io read the rther Inf110n and, In doiro so, eonsi(Jer whether thè other Informab()n is materially Inconsistent with Ihe fin81 statements or OLJr kntswlè(è obtained In thè audit or otherwise sp[8r$ to be matèrially misstated. If we idenbfy such matenal inconsistènaÈs or apparènt material misstatements, we are required to delemine whelher this gives rise lo a malenJ misslatement in the financrdl slalemenls thernselves. 11. based on the work we have perform&J, we conclLKle Ihal there ts a malerial mtsstalemenl of Ihis other infom)ats"on, we a required lo report thal lacl. W8 havè nothing lo rerth In this regard. Opini¢>ns on tsth¢r matttrs pr¢s¢ribed by the Companies A¢t 2006 In ow opinion, based on the work undertaken in the course of ihe audit= the information given in the Report of ihe Truslees for the finanoal year for which Ihe financial statements Bre Ppare(j is consistent with the financial slatements" and the Report ofthe Trustees has been pparj in accordan wth ap[Al¢ae kgal requirements. Matters on whlch we are requlred to report by excepvon In the light ol Ihe knowledge and understanding of -.he charitable company and its environment obtained in the course of the audit, we have not identffied material misstatements in the Rew>rt of the Tnjstees. We have nothing to report in respect of following matters where the Companies Acl 2006 requires us to Teport to you il. in our opinion.. adequate accounting records have not been kept or retums adequate for our audit have not been recewed Irom branches not visited by us., or financial statements are rK)t in agreement with the accounting rd$ and ietums,. or certain disclosures of trustees, remuneration spectfied by law are not Made; or we have nct re1ve*y all the information and expknaty.ons ole require for our audit.. or the trustees were not entitled lo take advantage of ihe srnall companies exgnption from the Tulrement to ppare a Strateg Report or in preparing the Report of the Trustees. Pw8
REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF CARDIFF CITY FC COMMUNITY FOUNDATION Responslbllltles of trustees As explained more fully in the Statement of Trustees. Responsibilities. the tntstees (who are also the directors of the charitable company for the purpL>ses of company lawl are sponsible for the ptparats"oTh of the financial slatements and for being satisfied that 1hey give a tme and fair view, and for such intemal control as the trustees detemine 1$ necessary to enable the preparation of fi"nanGial statements that are free from material Misstatement whetherdue to fraud or error. In prèparing the financial staterrEnts, the trustees are resrxjnsible lor asse&8ing the Charitab companvs ability to continue as a going concern, discl(>sing, as applicaNe, matters related to wing cOnM and using the going concern basis of accounting unless the tiustees either intend to liquidate the charitable company or to cease (4)e[at$, or have no realistic aYL¢inative but to do st). Our re5pon5ibilities for the audit of the finanGial statements Our objectives are to obtain reasonable assuran aboul whether the finanual statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report ol the Independent Auditors that includes our opinion. Reasonable assuiance is a high level of assurance. tmrt is rK>t a guarantee thal an audit conducted in accordance with ISAS IUKI will always detect a mateTial misstatement when it exists_ Mi5Statements can arise frorn fiaud or error and are considered material if, individu8lly or in the aggregats, they could reasonably be expected to influence the economic decision5 of users taken on the basis of these financial statements. The exient to which our pr(x%dures are (wable of deteLling Irregukrib"es. induding fraud is detailed below.. We identfy asse55 the risks of material misstatement of the FinanLyal Statements whelher due to fraud or etror, and then, design and perform audit procedures snSive to ttKJse risks, induding oblaining audit evidence that is sufficient and appropriate to provide a basis lor ijjr opinion. We discussed our audrt independence complying wtth the Revised Ethiral Slandard 2024 Mth the engagement team mernbeis whilst planning th8 au¢Jrt and continually rrKJnitorgd our ind8p8nd8nce Ihroughout the w¢x8ss. Identifying and asspssing potential risks related to irregularitses In identifying and a55essing risks of tnateiial misstatement in re4)ect of itregularib"es, induding fraud and non-cotnplrance with law5 and regUlatn5, our procedures Includ8d Ihe folloWg.. enquiring of managemenl, Includir oblaining and reviewng suppwbng djmen1811On, conceming the tharity's policies and procedures relab'ng lo- identifying, Evaluating and complwng wilh law5 and regulalj5 atvj whether they wete aware of any instances of non-compliance", detecting and respondi to Ih8 risks of fraud ar whelher Ihey hav8 knowledge of any actual. suspected or alleged fraud., Ihe intemal controls established lo milgale risks lated lo fraud or norkcomplhance with laws and regulabons," discussing among the engagemenl leam how aN1 where fvaud might occur In the Financial Slalemenls and any potentsal indicalors ol fraud. As part ol Ihis discussion, we idenb.fied wtents.al for fvaud in management overtide ol controls". and obtaining an understandirbg ol Ihè and règulatijry ftsmèworks that thè charity OpraS in. focusing on those laws and gula[lon$ that had a direct effecl on :he Finanaal Slalemenls or that had a fundamenlal effecl on the operations of the charily. The key laws and regulab.ons we consred in Ihis coniexl Induded Ihe UK Compani8s Act and rèlevant tax legislation. Audit re$pon$* to risks identifRd In addition lo the above, our prdureS lo sn0 lo nsks KJenlifEd induded the lolk)wirKJ". reviewing the financial statement disclosures arcl tesb.ng to SUppting documentation to assèss compliance wrth relevant laws and gUlatiOns, enquinng of management conceming èctual and potenb.al litvJab"on and daims., perfoming analyh.cal procedures lo identify any unusual or unexperted lOnS1p$ that rnay Indir3le risks d matenal mi55tatement due to fraud., reading minutes of meetings of those Charged wth governance and reviewing correspotklence with HMRC,. and in addressing the risk of fraud through manager)ent override ol CtrOlS, lesting the appropriateness Df i)umal entries and other adjustments., assessing whèther the judgements made in making accounting estimates a indThti¥e of a wtential bias,. and evaluzting the busines$ Tationale of any signthrant traCtionS that are unwal or outside the norrnal (x)urse ol business. We also communicated relevant identiff laws ard regulations and polential fraud risks to all engagement team members and remained alert to any indications ol fraud 01 non-complk8nce with Laws and reguL4tions throughout Ihe audit. A further descripbon of our responsibilities for the audrt of tre financial statements is located on the Finanual Reporting Council's website at www.frc.org.ukjauditorsresponsibilities. Thi8 description forn part of our Repcil of ihe Independent Auditors. Pw9
REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF CARDIFF CITY FC COMMUNITY FOUNDATION Use of our repon This report is m3de solely to the ch3rita)le company's members, 2s a t, in accordance wih Chapter 3 of Part 16 of the Companies Act 2006. Our aLJdit work has been undertaker so that we might state to the charilable company's members those matters we are required tr) state to them In an auditors, K*t and frjr no other purr%)se. To the fullest extent permitted by law, w& do not accepl or assume responsibility to anyone other than the thantable cornpany and Ihe Gharitable cixnpany's members as a body, for our audlt worK for thls repcwl. or for the onIOnS we have forme(l. Micliael Jones Isenior statut Auditor) for and on behalf of Bevan Buckland LLP (Statutory Auditorsl Grou)d Flwr Cardan House Castle Court Swansea Enterprise Park Swansea SA7 9LA 5 February 2026 Pa9e 10
CARDIFF crry FC COMMUNITY FOUKIATION STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2025 2025 Total funds 2024 Total funds Unrestricted lund$ RerICted fvnds Notes INCOME AND ENDOVIMENTS FROM Donations and legacies 243,181 243.181 232,052 Charilable a¢¢ivities Charitable activities 156.790 1.344.302 1.501.092 1,405,474 Invèstmènt incom6 Total 22,971 422.942 22,971 1.767,244 8,979 1,646,505 1.344.302 EXPENDITURE ON fi3159 fund5 9.900 1,574 Chayltablè aetlvttl•s Chantable activities Support costs Total 244,460 189.378 443.738 1.314.297 1,558,757 18q 378 1.756.035 1,540,975 209.569 1.314,297 NET INCOMEIIEXPENDITUREI TranslÈrs beeen funds Net movement in funds 120.7961 8.513 129,3091 30.005 8.513 38.518 9.209 1105,6131 16 9,209 1105,6131 RECONCILIATION OF FUNOS Total funds brought IDwward 976,868 8,527 $85,395 1,091,008 TOTAL FUNDS CARRIED FORWARD 17,559 47.045 $94,604 985,395 The notes fomi part of ihese financu?I stalements Pa9e11
CARDIFF crry FC COMMUNtfY FOUNDATION (REGISTERED MUMBER- 067993761 BALANCE SHEET 31 AUGUST2025 2025 Total funds 2024 Total funds Unrestricted lund$ RerICted fvnds Notes FIXED ASSETS Tangible assets 12 43,339 43,339 71,276 CURRENT ASSETS Debtois Cash at bank in hand 13 244.301 244,301 7fj3 551 1.1107.852 205,705 47.045 47.045 .807 1,058.289 CREDITORS Amounts falling due wthin one year 14 156,5871 156.5871 1144,1701 NET CURRENT ASSETS M,220 47,045 S51.265 914,119 TOTAL ASSETS LESS CURRENT LIABILMES 947,559 47.045 994,604 985,395 NET ASSETS FUNDS Unrestricted fvnds Restricted funds TOTAL FUNDS 917.559 47.045 994 604 16 947,559 47 045 91604 976,868 8.527 These financial statements have been prepared in aC(X)rdan ihe rmisions applicable to charitable companies subject to th small wmpanies 91M¢. The flnandal stalemenis were approved by the Bwij of Trusiees and alris for ISSLE on 21 January 2026 and were sSgned on its behalf by.. A P Dlplock- Trustee The notes fomi part of ihese financu?I stalements Pa9e 12
CARDIFF crry FC COMMUNITY FOUKIATION CASH FLOW STATEMENT FOR THE YEAR ENDED 31 AUGUST 2025 2025 24 Notes Cash fl¢)w$ from operating a¢tr¥itie Cash generated from operarions Net cash used in operating aclivilies 110.8901 110.8901 239.0631 239 0631 Cash flows from Investing activitles Purchase of tangible fixed assets Interest received Net cash provided byllused inl invesbng actiwknes 11.1141 22.971 19,7401 8.979 Change In 5h and cash equhTalents in the reporting period Cash and cash equlvalents at the beginning of the reporting period Cash and cash •qulval•nts at th• ènd c the reporting period {89.0331 1239,8241 852,584 1.092.408 763.551 852,584 The notes fomi part of ihese financu?I stalements Pa9e 13
CARDIFF crry FC COMMUNITY FOUKIATION NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 31 AUGUST 2025 RECONCILIATION OF NET INCOMEIIEXPENDrruREI TO NET CASH FLOW FROM OPERATING ACTIVITIES 2025 2024 Net incomellexpend1tuI for the reportlng perlod (as per Ihe statement of Financial Activities) Adjustments for: Deprecialion charges Intèrèst rèceivèd Increase in cjeblors Decrease in creditors Net cash used in operations 9,209 1105,6131 29,D51 122,9711 138.5961 87.5831 110.8901 30,837 18,9191 1137,3411 17,9671 239.0631 ANALYSIS OF CHANGES IN NET FUNDS At 1.9.24 Cash flow At 31.8.25 Net cash Cash al bank and in harKI 852,584 852.584 852 584 89,0331 89.0331 89 0331 763,551 763,551 763 551 Total The notes fomi part of ihese financu?I stalements Pa9e 14
CARDIFF crry FC COMMUNITY FOUKIATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 ACCOUNTING POLICIES Basls of prèparlng th• financial stattrmts The financial statements ol the charrtable company. whith is a public benefit entity under FRS 102, have been propared in accordance wllh the Charlues SORP IFRS 1021 'hccouniing an¢J Reponing ty Chadlles.. Statement of Recommende Practice applicable to charities preparing their cOts in accordance wth the Financial Reporting Standard applicable in the UK and Republic ol Ireland IFRS 1021 {effective 1 January 20191,. Financial Reporhng Standard 102 'The Financial Reporting Standard applcable in the UK and Republic of IlarKI, and the Companies A¢t 2006. The financial statements have been preF[¢d under the hiS1cal c05t conventi. The pSentatIOnal currency is the Sterfing 1£) wth rounding to the nearest nd. The company is incorporated in the United Kingdom and regISted in Wales. The significant accounl'ng policie5 apPld in the prepaiation of these financial ststements aTe set out below. These policies have been consistently aFvlied to all years we5enled unless otherwise stated. There have been no material depzrtures frun Finarrial ReportiThJ Standard 102. Criiical accounting judgements and key sources of estimation uncertainty Estimates and judgements are continualty evaluate(J and are based on the histoiical experience and other relevant factors, including expectations of future events that are beIVed to be reasonable under the orCumStan5. The preparatlDn of the finanaal statements requires tnanagetnent to make estimates and assumptions corhcerning the future. The re5ulbng accounting esbtnates 11. by definition. be likety to differ frorn the re&ted actual results Income All income is iecogntsed in the Staternent d Finanaal Activth"es once d)anty has entitlement to the funds. it is probabl that ttrE IncDwnewill be [e1ved and the amtjunt ¢an be measured reliably. Income frorn govemrnent arKI other grants. v4helher'capilal' grarbts or'revenue, grants. Is recognised when th& charity has enlillemenl tts the funds. any performance condit*)ns atlached lo the granls have been ffEt. it is probable that Ihe income will be received and the amount can be tnea5ured rehably and 15 r1 deletred. Donations income indudes donab.ons and gifts that provide core lun(fing or are of a gefier81 nature and 8r8 iecognis8d whère there is entitlement. probability of receipt and the arrlt r3n be me85ured with sutficient reliability. Such incotné is only delerred when Ihe dorbor specifies il musl be used in (Utu accounling periods or Ihe donor has imposed condilic>ns Ythich must be mel before Ihe charily has uncondilw)nal ents.ljenl. Other trading activities are recognised as lie related sèmcès arè r>rovidèd and there is ènb"Ilèmèni, probability ol recèipt and the amount ¢an be measured wlh sUlfieI reliability. Inix)me is deferred when the am¢unlS received are in 3dvan¢ ol the delivery o( Ihe Serv or evenl lo which Il relates. In r&sp&ct ol long-tarm contracts a)d eontr%ts for orwng services, income reprèsents thè valuè of worf( done in thè year, including èstimatés of amounts not invoic8d. Income in tsspèct of k)ng-t8m contracis and contracis lor on-90ing servicès is recognistrd by r#lw&n¢e lo th& stage ol ¢ompleb"on. It is not th6 Oicy of the charity to show income net expenditu. Expèndrturè Liabilities 3re re¢ogniseiJ as expendiknre as sn as there Is a legal or constru¢li¥e oblvjalion ¢ommitting the Charity lo that expenditure, il is probable that a transfer of economic benefits 11 be required in sethement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. whe costs cannot be directly attributed to particular headings they have been alllxated to actwities tsn a basis consistent wth the use ol sourCes. Charitsble expenditure comprises those costs inCued by the charity in the delivery of ils activities, both costs directly attributable and indirect SUPPK)rl costs. Tanglbl• fix assèts Depreciation is provided at the foll(Ming annual lates in order to write off the cost of each a&set over its estimated useful ltie. Plant and math'nery Motor Vehicles Improvement5 tD pioperty - 25% ¢ing tsalae - 25°/o reducing bale - 20°h stravJht line Page 15 conb"nued...
CARDIFF crry FC COMMUNITY FOUKIATION NOTES TO THE FINANCIAL STATEMEKfs- eontinutd FOR THE YEAR ENDED 31 AUGUST 2025 ACCOUNTING POLICIES- coned Tanglbl• flxèd ass&ts comput equipment - 25% & 33% straight line Taxation The charity is exempt from corrM)ration tax on rts chaiitable aclivihes. Fund accounting Unfesliicted lunds can be used in accor¢JarKe with IIE drilable obiectNe5 at Ihe discTelH)n of the tru5tee5. Restricted funds can only be used lor parti%lar restitted purrx%es Mthin the obpcts of the charity. RestrictKJns arise when specified by the donor or when fund5 ale ra sed for partular restricted purposes. Further eXplanatn of the nature and puSe of each lund is Wlled in the notes lo the financial stalemerts. Pension costs and other pDst-retiremeTht ben8ffts The charitable company operate5 a defined conlribution pension stheme. Contributions payable to the charitable companys pension erne are charge¢J to the Statemert of F nancial Activities in the period lo which they relate. Flnanclal Instruments The charity only has financial a55ets and finanual lialx"Itb"es ol a kn.nd that qualfy a5 basic financial instruments. Financial instrum8nts are recognised in the comp8nWs balance sheet wh8n the company becomes party to th8 contractual provisions of the instrument. Financial a55ets and liabilities are offset: wtth the net atTK)unts presented in the firbancral 51atements, when thEre is a legally nfor(able right to Set off the r8(x>gni58d arnount5 and there is an inlEnb"on to settle on a net basis or to realise the 85set and settle the liabilty sirNltane0uY Basic financial assets Basic Iinancial asset5, which rndude debt0 and (zsh and bank baa5. are rnib.alty measured at transaction price including transacb.on costs and are subse(pJenMy wied al arK)rbsed c05t using the effective interest method unless the arrangement conslilutè5 a finanang transaction, ere the Ir8ns8ction Is measured al the present valuè of the future receipts discounted at a markel rale ol inleresl. Financial assets daSSif as weivable within one year are nol amortised. Impairment of financial assets Fin8nci31 assèts, othèr Ihan Ihosè hèld at fair valuè Ihrough profil and loss, are assèss*J lor indicators of impairment at ea¢h reporting end date. Financial assets a impaired Whe the ts 0"ectI5.e evidence that, a5 a resull of one or more events that occurred after the initial recognition of the linancol asset. Ihe esb"maled fulutè cash flows have bèen affected. 11 an asset is Impaired, the impaimi8nt loss Is th8 differèncè th8 cffjing amount and the presènt valua of th8 èstimatéd e2sh flows discounted al the asset's L)riginal effedive interest rale. The inpaimignl is rècogniseil in profit or loss If ther? is a decreas6 in the impaimient loss arising from an avant ctoJmng after the impaiment was ocognised, thè impairment Is revefsed. The reversal Is such that the Cunt carrying amount (k)es not exceed whal the carrying amount would have been, had the Impairment not DrevK)usly been rec(¥Jnised. The impairment ieversal is recognised in profit or loss. Oerecognltlon of flnanclal assets Financial assets are derecognised only when the contractual rghts to tre cash fflows from the asset expire or are settled, or when the company transfers the finanaal asset and substantially èll the risks and rewards of ownership to another entty, or if Some significant risks and rewards of ownership are retained tmrt rA>ntrol of the asset has transferred tt) another party that is able to sell the assel ir its entirely to an unrekted Ihird party. Cr•ditors Shtsrt term trade creditors are measured at the transaction price. Olher financial liabilities, induding bank loans, aro measured initially at fair value, net ol transaction costs. and ale rnea5ured subsequently at atnortised cost U51n9 the effective interest method. D•btors Page 16 conb"nued...
CARDIFF crry FC COMMUNITY FOUKIATION NOTES TO THE FINANCIAL STATEMEKfs- eontinutd FOR THE YEAR ENDED 31 AUGUST 2025 ACCOUNTING POLICIES- coned Short lem debtors are measured al t[ansalOn ee. le&% any impairment. Loans receivable arè measured initially at fair valve, nel of transaction costs, and are measured subsequently at amorti5ed cost using the effeGtive interest method. bess any Impalrment. Cash at bank and in hand Cash at bank and in hand ère bas finartial assets and indude cash in hand, depDsits hekl at call with banks. Dther short-term liquid investments with original malurities of three months or less. and bank overdrats. Bank oveidrafts aro shown witliin borrowings in currenl liabililEs. DONATIONS AND LEGACIES 2025 2024 Donatn3 243181 232.052 Included within donatiDns is £200.000 from Cardrff cty Fttall Club12024- £200.0001 INVESThIENT INCOME 2025 2024 Deposit account interest INCOME FROM CHARITABLE ACTIVITIES Unrestricted Fund Restricled Fund 2025 2024 Corè Education Comrnunity 103.766 103.766 899.192 498.134 1 501 IJ92 98,116 776,155 531,203 1 405 414 899.192 445.110 53.024 156.790 Included in charitable in are the follovAng grants- 2025 Football Leaguè (Community) Limited Premier Leagu& Chantable Fund Watedoo Foundation Masonic Charitable Fund Velerans Foundation NHS Cardiff Cty Counal Othergrant5 182,363 561,100 19.908 18.975 3,333 43,040 22,264 43,026 Page 17 conb"nued...
CARDIFF crry FC COMMUNITY FOUKIATION NOTES TO THE FINANCIAL STATEMEKfs- eontinutd FOR THE YEAR ENDED 31 AUGUST 2025 RAISIMG FUNDS Ral$lny donatlon$ and lèga¢l•s 2025 2024 Fundraising actNities 1.514 CHARITABLE ACTIVITIES COSTS Unresirfcied Fund Restrfcied Fund 2025 2024 Core EdUCatn Comrnunity 244.460 244.460 903,456 410.841 1558 757 287,081 799,052 454,842 1 540 915 3.456 41 ().841 1.314.297 244 460 SUPPORT COSTS 2025 2024 Core Educstion Community 39.769 102.264 47,345 189.378 39.043 1Q8.669 1,657 209 569 Support costs have been allocated to activtties baseil on us8. i.e. proportKJnate to the expenditu incurred on Gharitable activit$ by each actwity Induded wthin support costs a G¢)vemance costs of £30.564 12024 - £39,796). 01 these Governance costs, £12,084 12024- £12.8101 is in rekb.on to auditors. rernunetakn"on. NET INCOMEIIEXPENDITUREI Net inc0mel(expendituI is stated after chargingllcieditingl: 2025 2024 Auditors, remuneration Depieciation - owned assets 12,084 29 D51 12,810 TRUSTEES. REMUNERATION AND BENEFtTS There were no trustees, remuneration or other benefits for the year ended 31 August 2025 nor for the year ended 31 August 2024_ Trustees. expenses There were no Irustees. expenses paid the year ended 31 August 2(Y25 nor for the y8ar ended 31 August 2024. Page 18 conb"nued...
CARDIFF crry FC COMMUNITY FOUKIATION NOTES TO THE FINANCIAL STATEMEKfs- eontinutd FOR THE YEAR ENDED 31 AUGUST 2025 10. STAFF COSTS Th¢ number of employee's whose empk)yee tnefft$ [exdryj empk)yer pensifm costs) ¢x¢eeded £60,0 was.. 2025 2024 £60,000 - £60,999 £70,000 - £70,999 The total key management persomel remuneration iEnefits during the year were £355,985 {2024: £319.4871. 11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVrnES Unrestritted fvnds Restricted funds Totsl fun(ts INCOME AND ENDOVIMENTS FROM Oonations and legacies 232,052 232,C152 Charitable activities Charitable activities 225.752 1.179.722 1,405,474 Investment incoffle Total 8.979 466.783 8.979 1,646,505 1,179,722 EXPEMDITURE ON RaisirvJ funds 1.574 1.574 Charitable activities Charitabl8 activities Support costs Totol 287.081 209.569 498,224 1,250,894 1,SSO,975 209,569 1,752,118 1,253,894 NET INCOMEIIEXPENDITUREI Transfers between funds Net movèmènt in funds {31.4411 47.361 {78.8021 174.1721 47,361 128.8111 1105.6131 1105,6131 RECONCILIATION OF FUNL Total luThls brought forward 1.055.670 35,338 1,091,008 TOTAL FUNDS CARRIED FORVIARD 976.868 985 395 Page 19 conb"nued...
CARDIFF crry FC COMMUNITY FOUKIATION NOTES TO THE FINANCIAL STATEMEKfs- eontinutd FOR THE YEAR ENDED 31 AUGUST 2025 12. TANGIBLE FIXED ASSETS Improvements to propety Plant and machinery Molor vehicl¢s Computer eqtjipment Totals COST At 1 September 2024 Additions At 31 August 2025 DEPRECIATION At 1 Septetnbei 2024 Charge for year At 31 August 2025 NET BOOK VALUE At 31 August 2025 Al 31 August 2024 19,713 1.114 24.0 49,393 177,405 1,114 178 519 24.0 49 393 42,544 16.860 59,404 17.437 915 18.352 22.649 338 22.987 23,499 10.93e 34,437 106,129 29.051 135,180 2.475 13. DEBTORS: AMOUNTS FALUNG DUE WITHIN ONE YEAR 2025 2024 Trade debtors A¢¢rued In¢omt Prepaymerhts 97,475 111.T79 35.D47 244 301 10,119 92,972 102.554 205 705 14. CREDITORS: AMOUNTS FALLING DUE WtrHIN ONE YEAR 2025 2024 Trade ueditors Social security and other taxes Other creditors Accruals and dèferred In¢ome 7.449 26,215 5,T14 17,2J9 78.566 24,124 5.709 35,771 15. LEASING AGREEMENTS Minimum lease payments under nortance13b1e Orating leases fall due as fdlows." 2025 Within one yeai Belween one and five years In more than five years 45,586 142,342 249.D99 437 027 65.586 152,342 284,685 502.613 Page 20 conb"nued...
CARDIFF crry FC COMMUNITY FOUKIATION NOTES TO THE FINANCIAL STATEMEKfs- eontinutd FOR THE YEAR ENDED 31 AUGUST 2025 16. MOVEMENT IN FUNDS Transfers between funds movement in ftrts Al A11.924 Unr•strict•d funds Geneial fund Designated Fund 926.868 120 796) 18,5131 897,559 50.ODO 947,559 97S.868 120.796) {8,5131 Restricted fund¥ BPL Primary Stars Primary Stars sc01 Contribution BPL Inspires EFL FoundatK)n Degree Fitzalan High BTEC Level 2 CAVC BTEC Level 3 Joy of Moving Sport and BM Degree CAVC Junior Apprenticeship Schools + Adult Le8ming Pilot Design a Sponsored Football Kié Duke of Edinbwgh EOTAS 112 684) 10745 4663 10815 11 9861 116 3831 2317 16 7061 12313 12 4931 12.684 {10,7451 14,6S31 {10,8151 11.986 16.383 12.3171 6.7 {12,3131 2.493 10 12.1751 2175 3985 5251 16 2661 649 12 8721 2512 15304 1441 17751 13 2271 3285 14 7721 3.985 15,2511 6.266 16491 2.872 Waterfoo Foundation - Evèryonts's Gamè BPL Kicks Veteran5 Foundation Fil Fans Fil Fans extenson Fit Fans new Kellog9s Camp5 NHS Wales- CAV-I NHS Suicide and self-hami prevention BPL Fan Fund CCC Wellbeing and SiJPFK)rl TyTKlall Sltpet Residents CCC Cofflmunily Cohesiw fund CCC Keeping & Slaying Safe CCC Youth Justice CCC Mill Park PL Fund Mlindow 3 Masonic Charilable Fund- Cardiff City Inclusive Football PL Police Partnership 6.780 15.304 1,441 775 3.227 3.2B5 4.259 513 11 3691 1859 2395 3552 1.937 11 261 1,369 11.8591 12,3951 13,5521 1.937 11.261 37 3052 30.5 9209 1371 3,052 47.045 994.604 8.527 8,513 TOTAL FUNDS Page 21 conb"nued...
CARDIFF crry FC COMMUNITY FOUKIATION NOTES TO THE FINANCIAL STATEMEKfs- eontinutd FOR THE YEAR ENDED 31 AUGUST 2025 16. MOVEMENT IN FUNDS- Cobrtlnued Net movement in funds, induded in the above are as fo11tr.. Incomlng sources Resources expended overnent in funds Unr•strlet•d funds General fund 422.942 1443,7381 120,7961 Rostrict•d funds BPL Primary Slars Pritnary Stars Sch(x)I CMtribukn"on BPL Inspires EFL Foundation Degree Fitzalan High BfEC Level 2 CAVC BTEC Level 3 Joy of Moving Sport and BM Dree CAVC Junior Apprenticeship Schools + Adult Learning Pilot Design a Sponsored FLYJtball Krt Duke of Edinburgh EOTAS Watedoo Foundats'on- Everyone's Game BPL Kicks Veteran5 Fndation Fit Fans Fit Fan5 extension Fit Fans new Kelloggs Camps NHS Wales- CAV-ITF NHS Suicide and seW-hartTh prevenb.on BPL Fan Fund CCC Wellbeing and supwrt Tyndall Streel Residents CCC Community Cohesion fund CCC Kèeping 8 Stawng Safè CCC Youth Jusb¢e CCC Mill Park PL Fan Fund Wirn1ow 3 Masonic Charitable Fund- Cardiff Cty Inclusivè Football PL poli partrshIp 150.CK)O 29.7(K) 159.11K) 78.283 46.963 289.210 15.132 31.350 1162,6841 118,9551 1154.4371 167,4681 158,9391 1305,5931 112.8151 138,0561 147,6871 {6,5581 {3,3101 11251 14691 {1,1191 125,2411 1201,3511 16,2051 19,7381 110,9461 115,1841 121,6151 142,8271 11551 117,2721 112,6841 10,745 4.663 1 Ql.815 111.9861 116,3831 2,317 16.7D61 12.313 12,4931 4.5 2,175 3.985 5.251 16,2661 649 12,8121 2,512 15,304 1,441 17751 13,2271 3,285 14,7721 4.454 6.370 18,975 202,C%)O 3.333 12,250 26.250 16,625 20,840 39,600 3.440 12,500 {7,3691 11411 12,3691 15,9481 11631 113,7391 11,3691 1,859 2,395 3.552 1,937 11,261 4,764 9,500 2,100 25.1 19,8 39.0 1.344 302 1767 244 119,8711 35,9481 1.314 2971 1 758 0351 37 3,052 30,005 TOTAL FUNDS Page 22 conb"nued...
CARDIFF crry FC COMMUNITY FOUKIATION NOTES TO THE FINANCIAL STATEMEKfs- eontinutd FOR THE YEAR ENDED 31 AUGUST 2025 16. MOVEMENT IN FUNDS- Cobrtlnued ¢omparatlv•$ lor movwnont In lunds Transfers befyveen fijnds nmwement in fUS At 31.8.24 Al 1.9.23 Unrgstricted funds Geiieial fuiid Designated Fund J5.870 150.IKX) 1.055.670 131 441) 52,639 100,OCK) 147,3611 928,888 {31.441} 976,8S8 Rostricted funds BPL Primary Stars Primary Stars School Contribution BPL Inspires EFL Foundath)n Oegree Fitzalan High BTEC Level 2 CAVC BTEC Level 3 134 7631 19304 12441 6616 117 e701 98 6811 609 161 116 0241 4263 1667 11 55DI 4259 34,763 119.JQ41 244 16.6161 17.870 18981 16.8111 16t191 Jc>y of Moving Sport and BM Degree BPL Kicks Veteran5 Foundation Fit Fans Kelloggs Camps NHS Wales- CAV-ITT BPL Fan Fund WCVA Traineeship WCVA- Bluebirds Experien Mental Health FoundabDn WVCA- Volunteering The Waterloo Foundath)n Twinring Project CCC Legacy CCC Pievenl CCC Ely & C8erau SchoLIs Cardiff Community Safety Community Mallers- Nau'onal Grid Ely & Caerau Community Natsonal Lotl6¥y- Footbal Welcomes 16,024 4,268 11.S671 1.550 4.259 6.557 16,S571 15,4601 2,267 673 12991 24,057 14,5911 17361 4,058 67 12591 1221 689 47,361 15,203 125 117 4701 17981 2.163 126 2201 19131 714 14 0581 167) 259 22 689 74.1721 105.613 35.338 8,527 985 395 TOTAL FUNDS Page 23 conb"nued...
CARDIFF crry FC COMMUNITY FOUKIATION NOTES TO THE FINANCIAL STATEMEKfs- eontinutd FOR THE YEAR ENDED 31 AUGUST 2025 16. MOVEMENT IN FUNDS- Cobrtlnued Comparative net movement in funds, included in 1he atK)ve a as follows.. Incomlng sources Resources expended overnent in funds Unr•strlet•d funds General fund 466.783 1498,2241 131,4411 Rostrict•d funds BPL Primary Slars Pritnary Stars Sch(x)I CMtribukn"on BPL Inspires EFL Foundation Degree Fitzalan High BfEC Level 2 CAVC BTEC Level 3 Joy of Moving Sport and BM Degree BPL Kicks Veterans Foundats'on Fit Fans KellogJs Catnps NHS Wales- CAV-I BPL Fan Fund Mental Health Foundatic WVCA- Volunteering Twinning Project CCC L8gacy CCC Prevent CCC Ely & Caerau Schools Cardiff Cotnrnunity Safety Cofnmunity Matters- National Grid Ely & Caerau Cornrnunity Nation81 LDttery- Football Wel¢x)mes 150.110 37.520 160.110 77.783 39.060 272.404 13.450 10.4(YJ 205.750 20.(KX) 37.292 20.239 13.200 12.5(XJ 1184,8731 118,2161 1160,3541 171,1671 156,9201 1271,7061 16 6391 19,7911 1205,7561 136,0241 133,0291 118 6121 114,7501 18,2411 117,4701 17981 166,7661 118,4131 110,5361 119,3861 {3,0671 19,7311 12,2781 9,3111 1.253.894) 1 7521181 134,7B31 19,3D4 12441 6,616 117.8701 698 6,811 6D9 11 6,0241 4,2S3 1,567 11.5501 4.259 117,4701 17981 126,2201 19131 714 14,0581 1671 259 22 689 74,1721 1056131 40,$46 17,51X) 11.250 15,328 3,WO 9.990 2.300 lo.0 1.179.722 TOTAL FUNDS Page 24 conb"nued...
CARDIFF crry FC COMMUNITY FOUKIATION NOTES TO THE FINANCIAL STATEMEKfs- eontinutd FOR THE YEAR ENDED 31 AUGUST 2025 16. MOVEMENT IN FUNDS- Cobrtlnued A Curnt year 12 months and prior year 12 monlhs (x)mbIrd r>ositK>n is as follows.. Transfers befyveen fijnds nmwement in fUS At 31.8.25 Al 1.9.23 Unrgstricted funds Geiieial fuiid Designated Fund J5.870 150.IKX) 1.055.670 152 237) 44,126 897,559 {52.237} 155,8741 947,559 Rostricted funds BPL Primary Stars Primary Stars School Contribution BPL Inspires EFL Foundath)n Oegree Fitzalan High BTEC Level 2 CAVC BTEC Level 3 147 4471 30 049 4419 17431 129 8561 115 66SI 9128 16 0971 12313 12 4931 47,447 130.0491 14.4191 {17.4311 29.856 15,685 19.1281 6.097 {12.3131 2.493 10 12.1751 Jc>y of Moving Sport and BM Degree CAVC Junior ApprentIhIp Schools + Adult Leaming Pilot Design a Sponsored Football Kit Duke of Edinb(rgh EOTAS Waterfoo Foundation - Everyone's Game BPL Kicks Veter3ns Foundation Il Fans Fit Fans extenson Fil Fans new Kelloggs Camps NHS Wales - CAV-ITT NHS Suicide and self-harm prevention BPL Fan Fund CCC Wellbeing and support Tyndall Street Residents CCC Community cohesi hjnd CCC Keeping & Stsying Safe CCC Youth Juslice CCC Mill Park PL Fund Window 3 Masonic Charilable Fund- Cardiff City Inclusive Football PL Police Partnership WCVA Traineeship WCVA- Bluebirds Experience Mental Health Foundali WVCA- Volunteering Th¢ Watertoo FoundatKJn Twinring Project CCC Legacy CCC Prevent CCC Ety & Caerau Scho&s Cardiff Community Safcty Community Matters- National Grid Ely & Caerau Commvnity National Lottery- Footbal Welcomes 2175 3985 5251 16 2661 643 118 8961 6775 15304 1441 792 14 7771 3285 1513) 3.985 15.2511 6,266 16431 18,896 6,780 15.304 1,441 17921 4.777 3.285 513 11 369) 1.859 2395 3552 1937 11.261 1,369 11.8591 12,3951 13,5521 1,937 11,261 37 3052 1371 3,052 6.557 5.460 15,203 125 16.5571 15.4601 2,267 673 12991 24.057 14.5911 17361 4.D58 67 12591 1221 117 470) 17981 2.163 126 220) 19131 714 14 0581 167) 259 22 689 44.167) 96 404 35.338 1.091.(x)8 47,045 994 604 TOTAL FUNDS Page 25 conb"nued...
CARDIFF crry FC COMMUNITY FOUKIATION NOTES TO THE FINANCIAL STATEMEKfs- eontinutd FOR THE YEAR ENDED 31 AUGUST 2025 16. MOVEMENT IN FUNDS- Cobrtlnued A Curnt year 12 months and prior year 12 monlhs (x)mbIrd net movement in funds. Induded in thp above a as follows.. Incomlng sources Resources expended overnent in funds Unr•strlet•d funds General fund 889.725 1941,9621 152,2371 Rostrict•d funds BPL Primary Slars Pritnary Stars Sch(x)I CMtribukn"on BPL Inspires EFL Foundation Degree Fitzalan High BfEC Level 2 CAVC BTEC Level 3 Joy of Moving Sport and BM Dree CAVC Junior Apprenticeship Schools + Adult Learning Pilot Design a Sponsored FLYJtball Krt Duke of Edinburgh EOTAS Watedoo Foundats'on- Everyone's Game BPL Kicks Veteran5 Fndation Fit Fans Fit Fan5 extension Fit Fans new Kelloggs Camps NHS Wales- CAV-ITF NHS Suicide and seW-hartTh prevenb.on BPL Fan Fund CCC Wellbeing and supwrt Tyndall Streel Residents CCC Community Cohesion fund CCC Kèeping 8 Stawng Safè CCC Youth Jusb¢e CCC Mill Park PL Fan Fund Wirn1ow 3 Masonic Charitable Fund- Cardiff Cty Inclusivè Football PL poli partrshIp Mental Health Foundati WVCA- Voluntèering Twinning Project CCC Legacy CCC Prevent CCC Ely & Caerau Schools Cardiff Community Safety Community Matters- National Grid Ely & Caerau Ctsmmunty National Lottery- Football Wel¢omes 3).]10 67.220 319.210 156.066 86.3 561.614 28.582 41.750 1347,5571 137,1711 1314,7911 1138,6351 1115,8591 1577,2991 119 4541 147,8471 147,6871 {6,5581 {3,3101 11251 14691 {1,1191 125,2411 1407,1071 142,2291 142,7671 110,9461 115,1841 140,2871 157,5171 11551 125,5131 147,4471 30,049 4.419 17.431 129.8561 115,6851 9,128 16.0971 12.313 12,4931 4.5 2,175 3.985 5.251 16,2661 643 118,8961 6,715 15,304 1,441 792 14,7T71 3,285 15131 4.454 6.370 18,975 407,750 23,333 49,542 26.250 16,625 41,079 52,8(YJ 3.440 25,(Xhl {7,3691 11411 12,3691 15,9481 11631 113,7391 11,3691 1,859 2,395 3.552 1,937 11,261 4,764 9,500 2,100 25.1 I9,8 39.(XK) 119,8711 135,9481 117,4701 17981 166,7661 118,4131 110,5361 119,3861 13,0671 (9,7311 (2,2781 9,3111 2.568.191) 3,510,153) 37 3.052 117,4701 17981 126,2201 19131 714 14,0581 1671 259 22 689 40,546 17.5(K) 11,250 15,328 lo.0 2.524.024 3.413.749 TOTAL FUNDS 96,4D41 DesIgrted FurM15 The Trustees camed forward a designated fund of £50.IKX) to supp(Mt the deVdop[TnI arKI 5UStainability of setvices. Education Page 26 conb"nued...
CARDIFF crry FC COMMUNITY FOUKIATION NOTES TO THE FINANCIAL STATEMEKfs- eontinutd FOR THE YEAR ENDED 31 AUGUST 2025 16. MOVEMENT IN FUNDS- Cobrtlnued Projects and programm& to supwrt children and yotjng pecwe leam, be active Ikvelop important life skills and pro9ress to futwe educ3t.on and ernployment opportuniti"os. Community Projects and pro9rammes to supwrt people in our commuThties to imFTh wellbeing and contribute to stronger, more c()hesive comrYKJnities. Tiansfet3 between funds An amount of £65,284 was transfer from Unbie fvnds to cover the overspend on several restricted funds. An arnount of £56.771 w&8 transferred fvi)m re5trthd lunds to unrestricted due ID the underspend on a number of projECts in the year. Included in the above transfers are Ihe folknwrThJ'. Primary Star5 Sch1 Cantributions fund wotks in ptheip wth the BPL Primary Stais fund. There W45 an underspend ID the year of £10.745 which offset most of the prmary stats deficit of £12.684. The fundet does not wuire to report retum a surplus. The Foundation are pawj frjr the 5tLKJents enrolled arKI completing a qualffication fund8r does not r8quire to report or r8turn a surplu5. The Ftyjndation are paJ br the siJen rold and completing a qLwlrficztion EFL Foundation Degree CAVC Junior Apprenticeship 17. RELATED PARTY DISCLOSURES The followng Iransactiorts have taken place wth t*Jsiness linked io trusiees and key manaJement of the charily'.- Cardiff City Ftx>tball Club of whth V K Chtx) is Chi8f Executive & S Borley is 8 Director purchases of £6,974 and sales of £549. At the year end there was an oulslarbding rxeditor balance of £1. Therè were total donatn$ or £200,000 during ihe year, £20,000 of which was still due at the year end." House of Swi of which V K C0 & S Borfey are D1ctorS- purchases of £89.169. At the year end there was an outstanding credrtor balance of £1,391. Lu(¥ Mebarlo who is the wfe ol Samir Mebarki IHead of Finance and Resources) purchasès ol £5,825.Therè Is no outstandirKJ balance at the yearerKJ. There were no other relaled party transactw)ns for Ihe year ended 31 August 2025. Pa9e 27
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