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2023-06-30-accounts

F I N A N C I A L R E P O R T 2 0 2 2 / 2 3 Report and Financial Statements for the Year Ended 30th June 2023

STATEMENTS

RYAN RAMSEY TRUST CHAIRMAN

As I reflect on the 2022/23 season I can say wholeheartedly how proud I am of the incredible evolution of our charity.

Our diverse and ever growing output would not be possible without our dedicated staff. We have increased our team considerably with high quality people who are focused on delivering great service. That we attract so many is in itself testament to the impact we have on our communities

The statistics of our impact across 2,700 square miles of Devon and Cornwall are astounding. It continues to amaze me the breadth of our team’s work and the impact it is having, making lives better in so many ways, from sports programmes to helping young people who have a family member in prison.

The most significant strategic event is the exciting redevelopment of the Brickfields Hub. Major projects are always a challenge, but we are managing it effectively to deliver a facility and set of programmes, some brand new, that the people of Devonport and beyond will be proud of for generations.

I would like to thank Mark and the Executive team, who continue to provide steadfast leadership through growth and challenge, and the Trustees for their valuable time, energy, and commitment.

We look forward to our journey to continue fulfilling our aims and objectives and to continuously improve how we improve the lives and life chances for people in the region that we proudly serve.

MARK LOVELL CHIEF EXECUTIVE OFFICER

Season 2022/23 can be looked back upon with pride following some great successes, none of which would have been possible without the hard work and commitment shown by Argyle Community Trust staff, trustees, volunteers, and key partners, including our parent football club. The Trust has gone above and beyond to ensure we inspire and make a real difference to the lives of the people of Devon and Cornwall, no matter the challenge.

The season has also provided some unique challenges. We have had to safely manage the various obstacles imposed by the cost-of-living crisis, and ensure we utilise exiting, and find new ways to raise vital funds for the charity during these challenging times.

During this financial period the Trust has supported more participants than ever, and our reach continues to expand in Devon and Cornwall. We are extremely proud to have launched more partnerships with schools, third-sector organisations, statutory bodies, and other partners to ensure we can have a real impact within our community. We are extremely proud of the health programmes rolled out in Cornwall which is having an incredible impact on the health and wellbeing of adults, and supporting young people who are struggling with their mental health within school.

We have been blown away by the support received for Project 35, in partnership with Ginsters, the logo for which was proudly displayed on the front of Plymouth Argyle’s shirts throughout the season. Project 35 not only saw the Trust support its local communities, but it also drew on others to collaborate and help those in need with food poverty, warm spaces and providing opportunities for families struggling during the cost-of-living crisis.

The support we have received for the work we deliver is incredible, and something we are most grateful for.

On behalf of everyone at Argyle Community Trust – thank you.

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4 CONTENTS

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The trustees, who are also the directors for the purposes of company law, present their report and the financial statements of the charity for the year ended 30 June 2023.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered charity name: Plymouth Argyle Football in the Community Trust Charity registration number: 1128906 Company registration number: 06797988

VAT Number: 406591203 Principal office and registered office: Home Park, Plymouth, Devon, PL2 3DQ

THE TRUSTEES Mr R T Ramsey Mr P Berne Mr S Brownlow Ms C A Dennerly Mr J Morgan Mr A Parkinson Mrs J R Cubbon (Resigned 9 November 2022) Mr P G Steer Mrs I C Vosper (Appointed 20 April 2022) Mr J Evans (Appointed 20 April 2022) Mrs V H Howell (Appointed 29 April 2022) Mrs C L Beney (Appointed 6 November 2022)

Company secretary: Mrs Jo Yorke

Auditor:

Elliott Bunker Limited Chartered accountants & statutory auditor 61 Macrae Road Ham Green Bristol BS20 0DD

Structure, governance and management

Plymouth Argyle Football in the Community Trust was incorporated as a company limited by guarantee

registration number 06797988 on 21 January 2009 and is registered with the Charity Commission under Charity Number 1128906. It is governed by its Articles of Association and operates under the name “Argyle Community Trust”.

Organisational Structure

The Trustees are responsible for the general control and management of the Trust. The Trustees give their time freely and receive no remuneration or other financial benefits, apart from expenses related to attendance at Trust Board meetings.

The Trustees meet together as a body usually no less than bimonthly and are responsible for all decisions taken in relation to running the Trust and the community facilities and activities provided by the Trust.

Recruitment and appointment of trustees

The existing Trustees are responsible for the recruitment of new Trustees and invite new Trustees to the Board. Potential Trustees are invited to attend Trustees’ meetings as observers and are given more details of the Trust’s aims and activities and, if all agree, they are then proposed as new Trustees at the subsequent Trustees’ meeting. This process allows due consideration of the person’s eligibility, personal competence, specialist knowledge and skills.

The day-to-day management of the Community Trust facilities, activities and projects are delegated to staff, under the leadership of Chief Executive Officer Mark Lovell.

Risk Management

The Trustees confirm that exposure to risks is regularly reviewed, and appropriate and effective systems have been established to minimise them.

The Trust have identified risks that might prevent the Charity from achieving strategic priorities, with the objective of bringing each

risk down to an acceptable level at which it can be managed and controlled. A regularly maintained, comprehensive risk register sets out responsibility within the organisation for risk management, assigning risk managers and identifying measures that have been taken, or are yet to be taken, to mitigate each risk.

The principal risks identified during 2022/23 related to lack of diversification of funding streams, staff recruitment and retention and succession planning to reduce single points of failure. Creation of a new funding department, introduction of a restructure and new salary policy have been key drivers in reducing the risks identified.

Financial review

Net incoming funds from unrestricted sources for the year were £220,673 (2022: £674,002) which after a transfer of £42,660 to restricted funds resulted in accumulated unrestricted funds of £2,380,397 (2022: £2,202,384) to be carried forward. When restricted funds are included, total funds at the year-end (excluding those of linked charity The Plymouth Argyle Training & Development Trust for Young People) were £2,710,670 (2022: £2,392,004).

Free reserves at the year end represented by unrestricted funds less fixed assets and the £1,000,000 designated Facility Fund, have been calculated at £996,253 (2022: £967,894) and the trustees are satisfied that the current level of reserves held is in accordance with the reserves policy based on annual staff costs of £2,673,817 (2022: £2,077,084) per note 15 to the accounts.

Reserves Policy

The Trustees acknowledge that how the level of reserves changes during the year can be a good indicator of the underlying financial health of the Trust and can be an indicator of potential problems.

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The level of reserves will be committed expenditure, based reasonable accuracy at any time em — monitored throughout the year as a ee i la Sain - = . ie an upon latest forecasts and budgets =a : 7 ie the financial position of the charity = monte = eta? 7 ie part of the normal monitoring and (or the most recent 6 months and enable them to ensure that the budgetary reporting processes. In of financial reports, where not financial statements comply with addition, financial reporting and available) equating to an annual the Companies Act 2006. They are analysis provides a financial control figure of £1.15 million. Free reserves also responsible for safeguarding - Se environment which assists the ee Oe at financial year end were slightly Oe Sein, the assets of the charity and hence a a. management of such reserves. 1s ree - wht = rs lower than the targeted reserves wu for taking reasonable steps for the a jo ae teas iat pa ro ane and work is in hand to consolidate prevention and detection of fraud Nat vantgeg In particular, Trustees will: and ensure efficiencies are and other irregularities. ees fk Gat • ity’es identify when reserves =3Ta i tha i ar iee ee1 ae an determined to increase the shortfall figES ke ee ee ie ee ade are drawn on so that they over a gradual period. Auditor a i aE understand the reasons and can oo eal Fee sf ae es+) a ey?aq " ~ ?; *cefe Each of the persons who is a trustee ——J ig eh, ;‘sla7 reeees consider the corrective action, The Trustees monitor reserves at the date of approval of this report if any, that needs to be taken; at each Trust Board meeting and confirms that: have created a capital reserve fund as at • ‘i identify when reserve levels ‘ ams zs "a! ee * a1 of £1,000,000 for future use and + oe Helin er TE " GF, • ~ = so far as they are aware, there <= a fae Fie ; . ; a rise significantly above target facilities as detailed above. is no relevant audit information eee et ee so that they understand the of which the charity’s auditor is va. ee Soe re, Ve reasons and can consider the Trustees’ responsibilities statement unaware; and =ioF er aa— —fa / corrective action, if any, that needs to be taken; be of 7 d wf =,’ © cl ho se,i, isOP. :=. WT= The trustees, who are also directors for the purposes of company law, are responsible for preparing the ‘ X L ae z: >| ‘ bia=v . - se“, iDs ; “i- i: • calae ee they have taken all steps that they ought to have taken as saase a ; Belas a a .-) a ; “ihea aoehe • identify where the reserves trustees’ report and the financial a trustee to make themselves level is below target, consider statements in accordance with aware of any relevant audit whether this is due to shortapplicable law and United Kingdom information and to establish term circumstance or longer Accounting Standards (United that the charity’s auditor is term reasons which might Kingdom Generally Accepted aware of that information. trigger a broader review of Accounting Practice).

Small company provisions

Company law requires the charity trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charitable company and the incoming resources and application of resources, including the income and expenditure, for that period. ae ; as

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption. The trustees’ annual report (incorporating the directors’ report) was approved on 25 March 2024 and signed on behalf of the board ; a —— i eT of trustees by:

In preparing these financial statements, the trustees are required to:

Mr R Ramsey Trustee

It is the policy of the Trust to hold unrestricted funds to a level to provide sufficient funds to cover: A

be available. The trustees are responsible for keeping adequate accounting The target minimum level of records that are sufficient to reserves has been set as 6 months show and explain the charity’s worth of staffing costs and future transactions and disclose with ja sire |p :

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ACHIEVEMENTS AND PERFORMANCE

The Trustees have had due regard to the guidance published by the Charity Commission in fulfilling public benefit.

Strategic update

Argyle Community Trust is proud of its position as the official charity of Plymouth Argyle Football Club (PAFC).

The work of Argyle Community Trust focuses on removing barriers to participation in sport with an emphasis on supporting disadvantaged and isolated communities, underrepresented groups, and at-risk children, young people, and adults. In short: ‘Our Club is committed to our community.’

The Trust has had another successful year in line with the strategic aims, reaching significant numbers of people in the communities of Devon and Cornwall.

There have been a number of key achievements in the Trust’s work throughout the season:

• Due to the extensive work of the Trust’s business and • In March 2023, Plymouth impact team measuring City Council Cabinet local statistics and data, 74% agreed to support of participants supported the launch of a new live in the top 50% of the Community Sports Hub, in most deprived areas in partnership with PAFC. The the country, with 60% of approval will see the Trust delivery sites also located in and PAFC develop and these areas. improve facilities within one of the most deprived • In recognition of the areas of the city. Additional profound impact the funding was secured from Trust’s output had on the the Youth Investment Fund, community in the 2022/23 Community Ownership season, as the official Fund, Trust facility reserves charity and community and other supporters to partner of Argyle, we enable the development were named EFL League to be open and positively One Community Club impacting the community of the Season and won by September 2024.

• In recognition of the profound impact the Trust’s output had on the community in the 2022/23 season, as the official charity and community partner of Argyle, we were named EFL League One Community Club of the Season and won Best Corporate Social Responsibility Scheme at the Plymouth Business Awards and National Football Business Awards.

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STRATEGIC AIMS

The Trust’s mission is to inspire and to make a positive difference in Devon and Cornwall communities through the power of sport and the brand of PAFC.

The key pillars of the strategy are set out below:

The Trust utilises the prestige of football and the reach of PAFC to inspire, engage, and help people of all ages, genders, races, and socioeconomic statuses. The vision is to ‘provide opportunities to all people within local communities by inspiring and empowering them through sport.’

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KEY ACTIVITIES OF THE TRUST

The Trust delivered 32,360 community sessions, totalling 51,366 hours of positive provision for 105,138 local people across the 2022/23 season. Provisions

were designed in line with strategic aims, and, where possible, provided accredited qualifications, lifelong learning, health benefits, and positive behaviour change.

From July 2022 until June 2023, the Trust’s income was £4,387,309, enabling the delivery of multiple projects across Devon and Cornwall:

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TACKLING COMMUNITY
HEALTH
POVERTY ENGAGEMENT
INCLUSIVE WOMEN AND EDUCATION AND
PROVISIONS GIRLS EMPLOYABILITY
SPORTS AND
EVENTS AND
FACILITIES
SCHOOL
CAMPAIGNS
PARTICIPATION
ENVIRONMENT
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THE POWER OF PARTNERSHIPS

The Trust constantly strive to increase local and national awareness of the charity, improve brand profile across Devon and Cornwall, and increase commercial Corporate Social Responsibility (CSR) partnerships and funding income to support services. In line with the strategic aims, the Trust have diversified funding partners and decreased dependency on local and national grant awards by achieving funding to run local CSR initiatives:

Babcock International Group PLC

Princess Yachts

Both suites of projects highlighted the Trust’s new work within a CSR space and highlight a growing appeal to commercial businesses to utilise and fund the Trust to deliver community impact.

Charity Partners of the Year

The Trust also became the Charity Partner of the Year for Francis Clark, Bright Solicitors, Bidfood, and Yelverton Golf Club. These partnerships highlight the growing understanding and appreciation our local businesses and stakeholders have of the Trust and validate the impact that the increased charity exposure is having on achieving strategic aims.

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TACKLING POVERTY WITH PROJECT 35

Project 35 is a social action initiative, in partnership with Ginsters, aimed at reducing poverty in Plymouth, Devon and Cornwall, through a comprehensive campaign of fundraising, awareness raising, social outreach, food donations, education, and charity support.

Key achievements from this programme:

• 5,922 spaces were made available for children, in receipt of free school meals, to take part in Holiday Activities and Food (HAF) programmes, with 13,219 Ginsters products provided for lunch, and food hampers to combat weekend hunger.

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HEALTH

Active Through Football

Sport England’s Active Through Football (ATF) programme is a free provision supporting the health and wellbeing of adults aged 30-50 facing the greatest barriers to physical activity. The programme aims to increase physical activity and create long-term behaviour changes in physical activity, smoking, alcohol consumption, and diet.

During the programme, there were 3,783 attendances:

A Mums Stay-and-Play fitness session participant said: “The free Mums Stay-and-Play fitness sessions have had a really positive impact on my life. Through the sessions, I

have improved my fitness, found motivation to move more and live a healthier lifestyle. As a result, I feel so much better mentally knowing that I am doing something for myself, and the bonus is that my daughter gets to have fun, play, and socialise with other children at the same time. I am so grateful for this opportunity. I want to say a huge thank you to Holly for being the best fitness instructor. Her dedication and passion shines through every session and I’ve learnt so much from her.”

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Extra Time Hub

The Trust provided vital support for 128 local people, aged 60-89, to reduce their social isolation and increase their physical activity levels. Dedicated sessions include: Walking Football, Dementia Football Café, Walk and Talk, and Compassionate Café. These provisions, supporting the elderly and vunerable, are made possible by funding from the Rank Foundation and support from Eldertree Befriending Service and St. Luke’s Hospice.

Fit Fans and Argyle FIT

The Trust delivered targeted weight management programmes designed to achieve long-term improvements in weight loss, increased physical activity, diet, and psychological wellbeing through workshops and physical activity sessions. An outstanding combined weight loss of over 1,200kg was achieved across 975 participants.

Armed Forces Covenant Fund Veterans Wellbeing Hub

The Veterans Wellbeing Hubs supported 38 veterans by improving their mental health, physical wellbeing and community connectivity. The project included a suite of sports sessions, walking groups, veterans café’s, and food-themed workshops.

Throughout the project, participants achieved over 150 kg of weight loss and a combined reduction of 180cm in waist circumference. 76% felt their mental health improved, 84% increased their physical activity levels, and 92% improved their eating habits.

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COMMUNITY ENGAGEMENT AND SOCIAL ACTION

Premier League Kicks

Premier League Kicks (PL Kicks), funded by the Premier League Charitable Fund, creates opportunities for young people who are at risk of anti-social behaviour, youth violence, and/or from highneed areas to regularly engage in football, sport, mentoring, and personal development opportunities.

The project is delivered in partnership with Devon and Cornwall Police, Plymouth Youth Services, and Youth Offending Team.

The project promotes physical participation to those who often find accessing mainstream opportunities problematic, and empowers people to become more

community, education, and employability-ready through an associated suite of learning workshops. These workshops cover topics strategically linked to hyper-local issues including low aspirations, multi-

generational unemployment, rising hate crime, and a feeling of being ‘left behind.’

StreetGames funding allowed us to add value to our core PL Kicks project by funding detached youth workers to attend our inclusive sports sessions to deliver targeted work focusing on criminality, unemployment, racism, sexism, health, and sexuality.

The Trust delivered 730 sessions to 824 young people, linking specifically to the strategic aims of Inspiring People. PL Kicks played a significant role in the outcomes being achieved:

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Breaking the Cycle

Police and Crime Commissioner Safer Streets 4 Funding allowed the Trust to sustain the one-to-one youth mentoring programme Breaking the Cycle.

The programme supported 20 participants at risk of becoming young offenders, and who suffered from adverse childhood experiences. This created opportunities for regular positive engagements between mentor and mentee, aimed at reducing the risk of involvement in Devon

and Cornwall Police priority behaviours (County Lines, Violence Against Women and Girls (VAWG), Child Exploitation).

Key referral partnerships with the Trauma-Informed Police Team, Child-Centred Policing, National Society for the Prevention of Cruelty to Children (NSPCC), and Youth Services were developed, by improving the systems and structures, to build pathways for young people who face additional challenges.

The programme empowers young people to co-design a

support project that harnesses physical activity, wellbeing education, and aspirational workshops relating to their future education and employment.

Breaking the Cycle has supported community boxing clubs, music recording studios, and local gyms that now act as sustainable diversionary activities. Throughout the season, 17 young people have been guided into employment or further training.

CASE STUDY: TRAVIS’S TRANSFORMATION THROUGH ‘BREAKING THE CYCLE’

When Travis was referred to the Trust, he was a reserved young man with low confidence, and underwent a remarkable transformation in the ‘Breaking the Cycle’ programme. Through tailored activities, he gained confidence and discovered new career paths.

The programme introduced Travis to a level 1 bricklaying course, uncovering a career option he hadn’t previously considered. This not only expanded his skills in a defined discipline, but provided a newfound sense of purpose. Travis also discovered a passion for boxing through programme activities,

newfound passions illustrates the programme’s efficacy in personal growth and empowerment and reflects its ability to open doors to a brighter future.

contributing to his physical wellbeing, and buliding resilience.

Travis’s transition into a confident individual exploring diverse careers and pursuing

“IT’S PUT MY MIND TO SOMETHING AND BROUGHT OUT A LOT IN ME. KADUS, THE TRUST AND DARREN HAVE HELPED ME IN SO MANY WAYS, MOVING ME FORWARD, HELPING ME LEARN NEW THINGS, AND PUTTING TIME INTO ME. I CAN’T THANK THEM ENOUGH.” TRAVIS

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NATIONAL CITIZEN SERVICE

278 young people from Plymouth-based secondary schools took part in partresidential National Citizen Service (NCS) programmes. NCS supported young people to take part in a learning syllabus that blends outdoor activities, employability workshops, and youthled social action, aimed at creating more independent and connected young people.

Through an exciting suite of outdoor adventure activities, including raft-building, abseiling and climbing, high ropes and orienteering, participants developed transferable skills including trust, leadership, relationship building, and communication. The programme also teaches enterprise and work-readiness content through a range of workshops that cover entrepreneurship, money management, marketing, and campaigning.

4,170 hours of community action were undertaken across a range of projects that included fundraising events, an awareness campaign, and physical challenges.

All 278 young people achieved the nationally recognised NCS certificate that supports their UCAS application, and a First Aid at Work qualification.

16 young people transitioned onto the NCS Changemakers programme which acts as a post-NCS alumni project. This volunteering programme facilitated another 118 hours of social action for Project 35.

An additional 67 secondary school learners within two Cornwall schools engaged in NCS Skills Booster sessions, where Trust staff delivered in-school guidance on topics including careers and employability.

Skills Booster inspires students across Years 10, 11, and 12 on further education, university and future employment opportunities. The project delivered mock interviews, career advice sessions, and scenario-based learning, to aid with work-readiness and transition to adulthood.

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INCLUSIVE PROVISIONS

The Trust are passionate about adults and young people with disabilities having equal levels of access as their peers. 13% of participants disclosed a disability and the Trust are immensely proud to have supported them in the 2022/23 season.

The Trust delivered several inclusive programmes aimed at removing barriers to participation and have increased output by 35% compared to last season. Such programmes include physical education lessons, afterschool clubs, and one-to-one support in Special Educational Needs and Diabilities (SEND) schools, with a vision to provide a syllabus that is high quality and replicates a mainstream provision.

In partnership with Mencap, the Trust supports young people with learning disabilities and autism through the All Move programme, where participants are challenged to complete a marathon (26 hours) of physical activity.

Outside of the school setting, using funding from BBC Children in Need, the Trust delivered the Junior Ability Counts programme providing training sessions and competitive leagues to footballers with Pandisabilities. Pan-disability training and teams allow players with a broad spectrum of impairments and health conditions to play together.

A Para-Talent Hub is run in partnership with Devon FA in

order to further develop local football talent. The breadth of provision has expanded this season to include powerchair football, and sessions for participants with hearing impairments in partnership with Plymouth Deaf Society.

The Trust provided SEND holiday roadshows for children to create a fun, inclusive, and safe environment for participants. These roadshows not only offer enjoyable activities but also provide a supportive space where SEND children can thrive and build lasting memories. This year, the Trust inspired 212 participants within SENDspecific roadshows, furthering the commitment to create enriching experiences for every child.

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WOMEN AND GIRLS

The female-specific player progression pathway includes Long Term Player Development Centres through to the Plymouth Argyle Women (PAWFC) first team, who currently play in the FA Women’s National League Southern Premier Division. The Trust develop local footballing talent, giving females the same opportunities as their male counterparts.

Many female-specific community sessions have been delivered, including walking and social football, fitness classes, and Mums’ stay-and-play fitness mornings

through our ATF programme. Engagement with women grew during the season, with 31% of participants identifying as female.

During the season, the Trust supported 5,533 girls in schools and coaching projects, ranging from the U11s Wildcats programme to the PAWFC first team. 14 players were called up to play at national training camps through the pathway, with two making their international debuts for England and Ireland respectively. There are 40 female players spread across three age groups: Under 10s, 11s, and 12s, in the thriving

Emerging Talent Centre pathway (ETC).

86 female players across six different age groups, ranging from U9s to U16s, were coached through the female Advanced Development Centre (ADC). These centres have proven to be instrumental in developing players’ skills, resulting in national team opportunities. Ryan Perks, Argyle Community Trust Head of Women and Girls Football, said: “I am delighted for the girls. This further demonstrates the strength of our thriving female player pathway here in Plymouth.”

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EDUCATION AND EMPLOYABILITY

Post 16 BTEC Extended Diploma in Sport

We have continued to grow our post-16 BTEC provision and now support 152 students from our education hubs in Plymouth, Cornwall and Newton Abbot. In partnership with City College Plymouth, Falmouth School and Cornwall College we teach theoretical sport and exercise concepts alongside a full-time football training and games programme whilst supporting

their future progression to employment or higher education.

This season, 94% of pupils equalled or surpassed their target grades, with 95% agreeing that they would recommend the course to a friend (an increase from last year’s figure). In line with our strategic aim of empowering people, we have further

developed our employability support which has included key-note talks from major employers and education establishments, including universities and the British Army. This year, we supported 11 pupils in transitioning from our education project into sport-related courses at our partner HE provider, Marjon University.

Apprenticeships

As an independent apprentice provider, we also aspire to support every school across Devon and Cornwall in having an apprentice and engage our apprentices in a range of community settings. This year we worked with 60 apprentices providing them with training and support. The programme achieved a 74.4% achievement rate against the national benchmark of 53%, with 59% of learners achieving distinction. This year our programme had its first full Ofsted inspection and we were proud to have been rated Good overall with

an Outstanding rating for behaviour and attitudes. A full copy of our Ofsted report can be accessed via the following link: https://reports.ofsted. gov.uk/provider/33/2654201

Post inspection and over the past 12 months, we have been able to consolidate and build, with a key positive being that of our improved retention levels, with zero learners leaving the programme from our September 2023 cohort (a first for our provision compared to all previous years).

“THE EDUCATION PROGRAMME HAS BEEN INFLUENTIAL IN GIVING ME THE KNOWLEDGE, EXPERIENCE, AND QUALIFICATIONS TO ENABLE ME TO ADVANCE IN MY CAREER.”

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X°MARJON - UNIVERSITY

Employability programmes

The Trust’s suite of employability programmes continues to develop, with 128 adults not in education, employment or training (NEET) learners supported last year. The South and East Local Action Group (SELAG) and Atlantic and Moor Local Action Group (AMLAG) projects, health and social carethemed traineeship courses COMPASS and Supports Career Opportunities, Recruitment and Employment (SCORE) programmes all see delivery staff combine employability skills, hands-on work placements, and optional functional skills qualifications. These courses are delivered to increase motivation and self-

esteem in participants, and assist with their entry into or return to employment.

In line with stretch targets, the Trust increased geographical outreach by launching SELAG, AMLAG, and COMPASS projects across Cornwall.

COMPASS, funded by the European Social Fund and delivered in partnership with the CSW Group, supported 57 young people, generating the following outcomes:

COMPASS further reinforces the Trust’s commitment to supporting Devon and Cornwall’s most in-need communities, at a time when local people need it most. Over 80% of all project participants lived in the counties’ 20% mostdeprived neighbourhoods, which have significantly higher unemployment rates than the

Marjon degree programme

The Trust works in partnership with Plymouth Marjon University to co-deliver a BA (Hons) Football Coaching and Development degree, and contribute to the BA (Hons) Sport Development, and BA (Hons) Sport Business Management programmes.

Students gain expertise from academics, professional Football Development Officers, and coaches from the Trust. This season, 64 students were supported, delivering 164 hours of academic lecture content, and facilitating 36 learners to undertake work placements across

various community settings. Furthermore, Trust staff deliver the BUCS football playing programme by coaching and managing two men’s student teams and one women’s, which equates to over 300 hours of practical support.

This season we were granted full Academic Partnership status with Plymouth Marjon University guaranteeing collaborative education for the benefit of young people for the next five-years. The significance of this Academic Partnership is that it creates opportunities for the Trust to co-design modules and

assessments specifically linked to jobs in the charitable sports sector, as well as collaborate through knowledge exchange events and joint academic research projects.

During the 2023 annual staff survey, it was identified that over 50% of the Trust’s workforce have graduated from Plymouth Marjon University highlighting the significance and success of this long-standing relationship. These roles range from coaching to management to senior leadership.

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SCHOOL PROVISIONS

Primary school provisions

Premier League Primary Stars delivers physical education and sports sessions to children, a development programme for teachers’ physical education delivery, and a wide range of pastoral and academic workshops covering numeracy, literacy, and personal development.

864 children and 369 teachers were involved in the programme across 40 primary schools in Devon and Cornwall. Alongside the core PE delivery and education and empowerment work, Primary Stars facilitated nine social action projects, 10 antidiscrimination workshops, 18 school football tournaments, and 25 targeted behaviour interventions across the counties.

The Kinder Joy of Moving programme was delivered which encourages movement through fun play and uses a series of exciting workshops to educate students on nutrition and exercise. Qualified Trust coaches delivered highquality PE lessons, teacher professional development sessions, and lunchtime and after-school clubs.

The Trust aims to ensure highquality school sports exist across Devon and Cornwall. Through this work, healthy lifestyle habits were promoted to 2,016 local primary school children, including those who may not otherwise be able to access these provisions.

Secondary school provisions

Through Premier League Inspires and Alternative Provision programmes, the Trust have worked with secondary school students who are either marginalised, suffer from low confidence, or are at risk of exclusion. Students complete programmes of work designed to help re-engage them with school, whilst improving their mental health and leadership qualities.

The Alternative Provision programme supported 11 schools in Plymouth and has helped solidify a consistent offer to Key-Stage 3 and 4 learners, a demographic the Trust previously only offered a light-touch of support through NCS.

Students achieved the following outcomes:

A school impact statement read: “All the students returning from this provision appear to have improved motivation to learn, but more importantly, have gained the skills to understand the effect that their actions have on those around them and consequently themselves. These short interventions will have an incredible impact on the life chances of these young people.”

An Alternative Provision participant said, “I feel a lot better about my maths when Rebecca helps me with questions I don’t know.”

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PARTICIPATION

Holiday Programmes

During school holidays, HAF programmes and Soccer Roadshows promote child engagement in sport and enrichment provisions whilst supporting families in need of childcare and healthy food. Through these programmes, the Trust engaged 12,676 children across 982 hours of physical activity and provided 10,594 healthy lunches.

HAF continues to support local communities experiencing multiple barriers to engagement and high levels of deprivation, aligning with Project 35’s aims of supporting families facing food insecurity.

HAF programmes align to the Trust’s strategic aim of Empowering People by providing positive opportunities that promote a diverse range of skills,

improved confidence, and raising ambitions. A breadth of learning workshops and fun activities were delivered, alongside free sports and food, including cookery lessons, zoo visit, arts and crafts, team-building activities, and numeracy and literacy sessions. The programme aims to excite young people from Plymouth’s most deprived communities to have fun with learning.

Player Development Pathway

The player pathway includes Progression Centres, Long Term Development Centres, Advanced Development Centres (ADC), and Centres of Excellence (COfE). Qualified Trust coaches follow the FA Four Corner Model of football - Technical, Physical, Social

and Psychological - with sessions focusing on different themes each week, to improve technique and understanding of all positions in the game. These themes are reinforced in small-sided matches. Through this pathway, 120 male players progressed from the ADC to the COfE, and 16 COfE players trialled for the PAFC Academy, with eight signing.

“DURING SCHOOL HOLIDAYS, OUR FIT AND FED, HOLIDAY ACTIVITIES AND FOOD PROGRAMME, AND ROADSHOWS PROMOTE CHILD ENGAGEMENT IN SPORT WHILST SUPPORTING FAMILIES IN NEED OF CHILDCARE AND HEALTHY FOOD.”

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FACILITIES

The Workplace Travel Grant provided by Plymouth City Council enabled the introduction of an Electric Vehicle (EV) Charging Point at Manadon Sports and Community Hub. This infrastructure offers a multitude of benefits:

Western Power Community Grid and Plymouth City Council (PCC) Household

Support Funds allowed the Trust to turn Manadon Sports and Community Hub into a Warm Space during winter, supporting 30 vulnerable people each week who were experiencing food insecurity, fuel poverty and/or social isolation and loneliness. The project created opportunities for residents to get access to hot water and showers, free breakfast and lunch, WIFI, a warm room, and a chance to forge new friendships with like-minded people during the cost-of-living crisis. This space now thrives as a lively and cherished Community Café where locals gather and enjoy each other’s company, regularly attracting 40 people a week.

Further Household Support Funding allowed the Trust to create an emergency food larder at Manadon Sports and Community Hub to support local families who were unable to get a formal referral to access a registered food bank.

The Project 35 Food Larder ensured we could distribute ambient foods, hygiene products, and slow cookers to those in need.

Last season, 8,200 people utilised Trust facility function rooms through 50 private and commercial events being hosted. All profits were reinvested back into improving the community offer and reducing fees for local people to access provisions.

Facilities continue to be offered to local people, many of which face multiple social barriers to mainstream offerings, to give them a chance of experiencing highquality provision at low or no cost. Over 1,400 local residents enjoyed our seasonal events creating cherished memories and strengthening the community ties for those most in need of support.

32

ENVIRONMENT

The Trust was delighted to announce the launch of its inaugural Energy and Environmental Sustainability Plan in April 2023, serving as the blueprint for the journey to net zero greenhouse gas emissions by 2050.

In March 2023, a 30.6kw solar panel system was installed at Manadon Sports and Community Hub. As of June 2023, the system has yielded a total of approximately 8,000kwh. As a result the daily energy consumption reduced by 40-50% across a typical 48-hour period. Financially, the Trust was fortunate in securing £6,000 from Plymouth Energy Community and £8,000 from the English Cricket Board to put towards the cost of installation.

The Trust continue to educate and train staff on sustainable practices, energy conservation, waste reduction, and the importance of minimising our ecological footprint, and organising and delivering green initiatives such as repurposing and upcycling materials, local litter picks, reducing paper and printing, and reducing our single waste plastics and general waste.

In 2023, as part of the PCC Transforming Cities initiative, Manadon Sports and Community Hub was chosen to become a Mobility Hub, which saw a fleet of e-bikes be installed, offering a multitude of benefits:

The Trust continue to recognise the importance of, and are committed to minimising, the environmental impact of activities, in support of the five principles set out in the ‘UN Sports for Climate Action Framework & Sustainable Development Goals’ and work towards the environmental standards set out in the ISO14001 policy with strong support from parent club PAFC.

33

EVENTS AND CAMPAIGNS

The Charity does not carry out significant fundraising activities in relation to individuals.

The Trust launched multiple campaigns and delivered large-scale events to engage new corporate and commercial partners. In line with strategic aims, these were facilitated to help us raise the charitable profile of the Trust, whilst further diversifying funding streams.

Notably, 2022/23 delivered:

access utility bill support, emergency food aid, hygiene products, slow cookers, and moneymanagement advice.

experience playing at Home Park.

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COLLEAGUES AND ENGAGEMENT

Over the past ten years the Trust has seen a significant increase in the growth of staff levels, in line with the increase of programmes and provisions offered to the community.

2022/23 staff levels increased by 23% on the previous season and retention of key staff remained strong. However, in line with organisations across

the country, times are still challenging with the costof-living crisis and inflation, meaning the Trust are constantly monitoring finances to ensure they can retain their charitable aims and support staff through a review of salaries and benefits. The cost-of-living crisis remains a constant challenge to the organisation.

“OUR DIVERSE AND EVER GROWING OUTPUT WOULD NOT BE POSSIBLE WITHOUT OUR INCREDIBLE, DEDICATED AND SKILLED STAFF ACROSS DEVON AND CORNWALL.”

35

FUTURE DIRECTION

Entering into the final year of the strategic plan, following huge successes in Devon and Cornwall, the Trust remain committed to ensuring aims and objectives are met and exceeded. Work will continue with targeted groups including disadvantaged and isolated communities, underrepresented groups, and at-risk children, young people, and adults. The focus for the new season must now be to expand on the work undertaken.

A key driver in 2023/24 is to implement fully embedded, improved systems and structures that will help the organisation and ensure compliancy and excellence in all areas of work.

With the exciting announcement of a new community hub within the west of the city at Brickfields, a key focus will be to ensure delivery of the hub to provide local communities with the best opportunity to access Trust provisions by the beginning of the 2024/25 season.

Plans are well underway to develop Brickfields into a thriving new community hub, accessible for local people and providing access, support, and equipment to reduce health inequalities, promote wellbeing, and become a beacon for local community activity provision.

The site will be an adaptable space which will be a hive of activity, learning, youth and community engagement, and fitness activities all within walking distance of its users for generations to come. This will see a significant increase in Trust provision and outreach to one of the highest need areas in the city.

Project 35, in partnership with Ginsters, has been integral within Plymouth, Devon, and Cornwall to help those most in need. Ginsters, PAFC, and the Trust have committed to the project, ensuring it will continue to support those most vulnerable in society until, at least, the end of the 2024/25 season and in line with community need caused by the cost-of-living crisis.

This will include an exciting new community allotment, further fan appeals, and more volunteering and education.

The Trust will continue to strive to diversify funding streams, ensuring that the needs of local people can be met when they need support the most. This will be done by further engaging commercial businesses and continuing to try to increase output in the CSR and Environmental, Social and Governance (ESG) space, aligned with the aim of growing the charitable profile.

This will be supported by ambitions to raise additional monies through a suite of local fundraising events that ensure fluidity to deliver projects that overcome hyper-local issues more dynamically.

The Trust will continue to grow and diversify its strands to meet local need, and ensure ‘One Argyle’ continues to be a force for good, and an organisation to be proud of in the South West and beyond, both on and off the pitch.

36

INDEPENDANT AUDITOR’S REPORT TO THE MEMBERS OF PLYMOUTH ARGYLE FOOTBALL IN THE COMMUNITY

Year ended 30 June 2023

Opinion

We have audited the financial statements of Plymouth Argyle Football in the Community Trust (the ‘charity’) for the year ended 30 June 2023 which comprise the statement of financial activities (including income and expenditure account), statement of financial position, statement of cash flows and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements 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 going concern

In auditing the financial statements, we have concluded that the trustees’ use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified 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 going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities 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 financial statements and our auditor’s report thereon. The trustees are responsible for the other information. Our opinion on the financial statements does 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.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements 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 financial statements 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 nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

37

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 trustees’ report.

We have nothing 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:

Responsibilities of trustees

As explained more fully in the trustees’ responsibilities statement, the trustees (who are also the directors for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charity’s ability to continue as a going 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 charity or to cease operations, or have no realistic alternative but to do so.

Auditor’s responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements 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 (UK) 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 expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-

compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect

material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Key audit matters: our assessment of risks of material misstatement

Key audit matters are those matters that in our professional judgement were of most significance in the audit of the financial statements and include the most significant assessed risks of material misstatement (whether or not due to fraud) identified by us, including those which had the greatest effect on the allocation of resources in the audit, and directing the efforts of the engagement team. There are no key areas identified as the audit is very low risk with normal audit procedures adequate in all audit areas. We agreed to report to the board of trustees any corrected or uncorrected identified misstatements.

Identifying and reporting of risks of material misstatement due to fraud

To identify risks of material misstatement due to fraud we assessed events or conditions that could indicate an incentive or pressure to commit fraud or provide an opportunity to commit fraud. Our risk assessment procedures included:

We communicated identified fraud risks throughout the audit team and remained alert to any indications of fraud throughout the audit.

As required by auditing standards, and taking into account possible pressures to meet targets and our overall knowledge of the control environment, we performed procedures to assess the risks of management override of controls. To address the pervasive risk as it related to management override of controls, we reviewed material journal entries and agreed these to supporting documentation where appropriate.

Identifying and responding to risks of material misstatement due to non-compliance with laws and regulations

We identified areas of laws and regulations that could reasonably be expected to have a material effect on the financial statements from our general commercial and sector experience and through discussion with the general manager and trustees. As the charity is regulated, our assessment of risks

involved gaining an understanding of the control environment including the entity’s procedures for complying with regulatory requirements.

We communicated identified laws and regulations throughout our team and remained alert to any indications of non-compliance throughout the audit. The potential effect of these laws and regulations on the financial statements varies considerably:

38

Health and safety laws. Food and hygiene regulations.

Laws relating to working with, and the safeguarding of, young people and vulnerable adults.

Auditing standards limit the required audit procedures to identify non-compliance with these laws and regulations to enquiry of management and trustees and inspection of regulatory and legal correspondence, if any. Therefore, if any breach of operational regulations is not disclosed to us or evident from relevant correspondence, an audit will not detect that breach.

Limitations to the ability of the audit to detect fraud or breaches of laws and regulation

Owing to the inherent limitation of an audit, there is an unavoidable risk that we may not have detected some material misstatements in the financial statements, even though we have properly planned and performed our audit in accordance with auditing standards. For example, the further removed non-compliance with laws and regulations is from the events and transactions reflected in the financial statements, the less likely the inherently limited procedures required by auditing standards would identify it.

In addition, as with any audit, there remained a higher risk of non-detection of fraud, as this may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal controls. Our audit procedures are designed to detect material misstatement, and therefore we are not responsible for preventing non-compliance or fraud and cannot be expected to detect non-compliance with all laws and regulations. A further description of our responsibilities for the audit of the financial statements is located on the FRC’s website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor’s report

As part of an audit in accordance with ISAs (UK), we exercise professional judgment and maintain professional scepticism throughout the audit. We also:

We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.

Use of our report

This report is made solely to the charity’s members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charity’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 charity and the charity’s members as a body, for our audit work, for this report, or for the opinions we have formed.

Paul Cridland (Senior Statutory Auditor)

For and on behalf of Elliott Bunker Limited Chartered accountants & statutory auditor 61 Macrae Road Ham Green Bristol BS20 0DD

Date: 25th March 2024

39

STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITURE ACCOUNT)

Year ended 30 June 2023

Note
Income and endowments
Donations and legacies
5
Charitable activities
6
Other trading activities
7
Investment income
8
Other income
9
Total income
Expenditure
Expenditure on charitable10,11
activities
Total expenditure
Net income
Transfers between funds
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward		 Unrestricted
Funds
£
143,482
3,156,601
183,233
7,024
5,880
3,496,220
3,275,547
3,275,547
220,673
-42,660
178,013
2,202,384
2,380,397		 Restricted
Funds
£
174,729
716,360
–
–
–
891,089
793,096
793,096
97,993
42,660
140,653
189,620
330,273		 2023
Total
Funds
£
318,211
3,872,961
183,233
7,024
5,880
4,387,309
4,068,643
4,068,643
318,666
–
318,666
2,392,004
2,710,670		 2022
Total
Funds
£
361,214
2,977,354
133,459
215
44,212
3,516,454
3,109,301
3,109,301
407,153
–
407,153
1,984,851
2,392,004

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

40

STATEMENT OF FINANCIAL POSITION

Year ended 30 June 2023

2023 2022
Note £ £
Fixed assets
Tangible fixed assets 17 388,100 240,946
Current assets
Debtors 18 419,193 366,741
Cash at bank and in hand 2,280,246 2,081,556
2,699,439 2,448,297
Creditors: amounts falling due within one year 19 350,619 297,239
Net current assets 2,348,820 2,151,058
Total assets less current liabilities 2,736,920 2,392,004
Creditors: amounts falling due after more 20 26,250 –
than one year
Net assets 2,710,670 2,392,004
Funds of the charity
Restricted funds 330,273 189,620
Unrestricted funds 2,380,397 2,202,384
Total charity funds 23 2,710,670 2,392,004

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime.

These financial statements were approved by the board of trustees and authorised for issue on 25 March 2024, and are signed on behalf of the board by:

“

Mr R Ramsey Trustee

Company number 06797988

41

STATEMENT OF CASH FLOWS

Year ended 30 June 2023

Cash fows from operating activities
Net income
Adjustments for:
Depreciation of tangible fxed assets
Other interest receivable and similar income
Interest payable and similar charges
Gains on disposal of tangible fxed assets
Accrued expenses/(income)
Changes in:
Trade and other debtors
Trade and other creditors
Cash generated from operations
Interest paid
Interest received
Net cash from operating activities
Cash fows from investing activities
Purchase of tangible assets
Proceeds from sale of tangible assets
Net cash used in investing activities
Net increase in cash and cash equivalents
Cash and cash equivalents at beginning of year
Cash and cash equivalents at end of year		 2023
£
318,666
66,001
(7,024)
5,375
–
70,028
(111,252)
68,402
410,196
(5,375)
7,024
411,845
(213,155)
–
(213,155)
198,690
2,081,556
2,280,246		 2022
£
407,153
45,919
(215)
9,573
(10,755)
(125,282)
(2,364)
122,154
446,183
(9,573)
215
436,825
(68,678)
10,754
(57,924)
378,901
1,702,655
2,081,556

42

NOTES TO THE FINANCIAL STATEMENTS

Year ended 30 June 2023

1. General information

The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is Home Park, Plymouth, Devon, PL2 3DQ.

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

2. Statement of compliance

These financial statements have been prepared in compliance with 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 (FRS 102) (Charities SORP (FRS 102)) and the Companies Act 2006.

All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits 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:

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

The Trustees have prepared projections to March 2024 which indicate that the Trust continues to operate in surplus, and it also has adequate reserves to cover any fluctuations in income in the foreseeable future. Therefore in the opinion of the Trustees there are no material uncertainties about the Trust’s ability to operate for a period of at least 12 months from the date at which these financial statements have been approved.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Fund accounting

Unrestricted funds are available for use at the discretion of the trustees to further any of the charity’s purposes.

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:

Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.

43

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.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

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 carrying amount of an asset as a result of revaluation, is recognised in other recognised gains and losses, except to which 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.

combination, irrespective of whether other assets or liabilities of the charity are assigned to those units.

Financial instruments

A financial asset or a financial liability is recognised only when the charity becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs.

Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted.

Debt instruments are subsequently measured at amortised cost.

Where investments in shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in income and expenditure. All other such investments are subsequently measured at cost less impairment.

Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

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:

Long leasehold property - 4% straight line
Fixtures and fttings - 30% reducing balance
Motor vehicles - 25% straight line
Computer equipment - 40% reducing balance

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 exceeds 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-generating unit to which the asset belongs. The cash-generating 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 assets or groups of assets.

For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the

Other financial instruments are subsequently measured at fair value, with any changes recognised in the statement of financial activities, with the exception of hedging instruments in a designated hedging relationship.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised under the appropriate heading in the statement of financial activities in which the initial gain was recognised.

For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.

Any reversals of impairment are recognised immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

44

When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as an expense in the period in which it arises.

4. Limited by guarantee

The Trust is limited by guarantee and does not have share capital. The liability of the members is limited to £10 each. In the event of the winding up of the Trust any surplus assets that exist must be either directly applied to to the objects of the Trust or transferred to another charity which has similar objects to those of the Trust.

5. Donations and legacies

Donations
PAFC Ladies donations
Other donations
Grants
EFL Trust: Core funding
EFL Trust: FIT Fans & Joy of Moving
(previously Kinder & Sport Move and Learn)
EFL Trust: Extra Time
EFL Trust: Kickstart
EFL Trust: Business Development
Youth Investment Fund - Brickfelds
Thriving Communities Fund (Social Prescribing)
Wembley National Stadium Trust - disability
Mental Health initiatives
Employment related grants
Other grants
Donations
PAFC Ladies donations
Other donations		 Unrestricted
Funds
£
32,227
29,025
35,000
–
–
34,570
–
–
–
–
–
–
12,660
143,482
Unrestricted
Funds
£
–
7,129		 Restricted
Funds
£
–
–
–
55,482
–
–
–
94,500
–
–
–
24,247
500
174,729
Restricted
Funds
£
–
–		 Total Funds
2023
£
32,227
29,025
35,000
55,482
–
34,570
–
94,500
–
–
–
24,247
13,160
318,211
Total Funds
Funds
£
–
7,129

45

5. Donations and legacies (continued)

5. Donations and legacies (continued)
Grants
EFL Trust: Core funding
EFL Trust: FIT Fans & Joy of Moving
(previously Kinder & Sport Move and Learn)
EFL Trust: Extra Time
EFL Trust: Kickstart
EFL Trust: Business Development
Youth Investment Fund - Brickfelds
Thriving Communities Fund (Social Prescribing)
Wembley National Stadium Trust - disability
Mental Health initiatives
Employment related grants
Other grants

National Citizen Service
Premier League Primary Stars
Premier League Kicks
Premier League Kicks Targeted
Premier League Core
Rank Foundation
The Football Foundation
The FA Emerging Talent
Children in Need
Premier League Inspires
Football and health related courses and activities
Armed Forces Covenant Fund Trust
Street Games UK
Marjon foundation degree
Safer Streets
Education services
Apprenticeship programme
Fit & Fed
PAFC Ladies earned income
Ancilliary trading
Mayfower 400
Disability programmes
Miscellaneous income
6. Charitable activities		 Unrestricted
Funds
£
35,000
22,824
–
134,483
–
–
–
–
–
36,842
11,625
247,903
Unrestricted
Funds
£
119,793
–
–
–
29,916
–
–
–
–
–
1,128,990
–
–
65,000
–
1,090,101
282,976
238,909
25,634
130,844
–
3,500
40,938
3,156,601		 Restricted
Funds
£
–
3,485
14,994
–
3,333
–
22,100
8,000
23,000
–
38,399
113,311
Restricted
Funds
£
–
116,666
134,089
13,620
–
86,379
158,910
20,000
11,171
35,000
–
11,250
39,650
–
75,000
–
–
–
–
–
–
–
14,625
716,360		 Total Funds
2022
£
35,000
26,309
14,994
134,483
3,333
–
22,100
8,000
23,000
36,842
50,024
361,214
Total Funds
2023
£
119,793
116,666
134,089
13,620
29,916
86,379
158,910
20,000
11,171
35,000
1,128,990
11,250
39,650
65,000
75,000
1,090,101
282,976
238,909
25,634
130,844
–
3,500
55,563
3,872,961

46

6. Charitable activities (continued)

6. Charitable activities (continued)
National Citizen Service
Premier League Primary Stars
Premier League Kicks
Premier League Kicks Targeted
Premier League Core
Rank Foundation
The Football Foundation
The FA Emerging Talent
Children in Need
Premier League Inspires
Football and health related courses and activities
Armed Forces Covenant Fund Trust
Street Games UK
Marjon foundation degree
Safer Streets
Education services
Apprenticeship programme
Fit & Fed
PAFC Ladies earned income
Ancilliary trading
Mayfower 400
Disability programmes
Miscellaneous income

Unrestricted
Funds
£
Facilities management fee
10,000
Sponsorships
56,629
Hire of function rooms
92,404
Other trading income
24,200
183,233
7. Other trading activities		 Unrestricted
Funds
£
397,391
–
–
–
–
–
–
–
–
–
775,341
–
–
44,250
–
798,530
208,408
203,013
–
77,581
20,713
10,295
59,138
2,594,660
Total Funds
2023
£
10,000
56,629
92,404
24,200
183,233		 Restricted
Funds
£
–
83,333
121,354
–
27,083
9,876
138,548
–
–
–
–
–
–
–
–
–
–
–
–
–
–
2,500
–
382,694
Unrestricted
Funds
£
–
29,332
82,027
22,100
133,459		 Total Funds
2022
£
397,391
83,333
121,354
–
27,083
9,876
138,548
–
–
–
775,341
–
–
44,250
–
798,530
208,408
203,013
–
77,581
20,713
12,795
59,138
2,977,354
Total Funds
2022
£
–
29,332
82,027
22,100
133,459

47

Unrestricted
Funds
£
Gain on disposal of tangible fxed –
assets held for charity’s own use
Government and Local Authority
–
grant income - Covid-19
Insurance claim on loss of assets
5,880
5,880
9. Other income
Charitable activities
Support costs
Charitable activities
Support costs
10. Expenditure on charitable activities by fund type
Unrestricted
Funds
£
Bank interest receivable
7,024
8. Investment income		 Total Funds
2023
£
–
–
5,880
5,880
Unrestricted
Funds
£
2,638,836
636,711
3,275,547
Unrestricted
Funds
£
1,723,122
623,325
2,346,447
Total Funds
2023
£
7,024		 Unrestricted
Funds
£
10,755
33,457
–
44,212
Restricted
Funds
£
605,813
187,283
793,096
Restricted
Funds
£
737,119
25,735
762,854
Unrestricted
Funds
£
215		 Total Funds
2022
£
215
Total Funds
2022
£
10,755
33,457
–
44,212
Total Funds
2023
£
3,244,649
823,994
4,068,643
Total Funds
2022
£
2,460,241
649,060
3,109,301

48

11. Expenditure on charitable activities by fund type

11. Expenditure on charitable activities by fund type
Wages and coaching fees
Social security costs
Pension costs
Hire of halls and pitches
Footballs, sports wear, gifts and prizes
Football tours, games and trips
Training and qualifcations
Motor and travel expenses
Lunches and refreshments
Tickets
Wages and coaching fees
Social security costs
Pension costs
Hire of halls and pitches
Footballs, sports wear, gifts and prizes
Football tours, games and trips
Training and qualifcations
Motor and travel expenses
Lunches and refreshments
Tickets		 Unrestricted
Funds
£
1,684,171
154,398
47,879
254,385
106,574
33,693
61,969
137,728
144,309
13,730
2,638,836
Unrestricted
Funds
£
1,061,282
56,259
44,661
174,818
123,159
20,640
49,480
97,394
81,122
14,307
1,723,122		 Restricted
Funds
£
430,679
32,560
7,988
39,893
43,598
6,840
5,843
27,642
10,770
–
605,813
Restricted
Funds
£
562,550
77,632
155
34,425
26,379
8,506
4,723
12,129
9,620
1,000
737,119		 Total Funds
2023
£
2,114,850
186,958
55,867
294,278
150,172
40,533
67,812
165,370
155,079
13,730
3,244,649
Total Funds
2022
£
1,623,832
133,891
44,816
209,243
149,538
29,146
54,203
109,523
90,742
15,307
2,460,241

49

Unrestricted
Restricted
Funds
Funds
£
£
Administration wages
245,101
71,041
Telephone
6,730
1,382
Postage and stationery
8,203
525
Advertising and marketing
30,284
5,082
Computer expenses and support 19,856
–
Repairs, renewals
28,516
7,757
and refurbishments
Registration and afliation fees
54,894
–
Sundries
3,514
3,696
Depreciation
66,001
–
Rent and rates
2,004
–
Legal and professional fees
35,632
94,737
Bank and credit card charges
33,925
6
DBS and safeguarding
3,283
2,092
Bad debts
–
–
Light and heat
13,693
–
Insurance
869
965
Irrecoverable VAT
76,400
–
628,905
187,283
Governance costs
Trustees’ insurance
1,391
–
Auditor’s remuneration
6,414
–
Total expenditure
636,710
187,283
12. Analysis of support costs
Net income is stated after charging/(crediting):
Depreciation of tangible fxed assets
Gains on disposal of tangible fxed assets
13. Net income
Net income is stated after charging/(crediting):
Fees payable for the audit of the fnancial statements
14. Auditors remuneration		 2023
£
316,142
8,112
8,728
35,366
19,856
36,273
54,893
7,211
66,001
2,004
130,369
33,931
5,375
–
13,693
1,834
76,400
816,188
1,391
6,415
823,994
2023
£
66,001
–
2023
£
6,850		 2022
£
274,545
7,416
5,217
18,215
31,025
35,677
26,871
17,530
45,919
1,397
120,318
6,254
7,112
2,461
12,065
1,834
25,742
639,598
1,364
8,098
649,060
2022
£
45,919
(10,755)
2022
£
6,400

Fees payable for the audit of the financial statements

50

15. Staff costs

The total staff costs and employee benefits for the reporting period are analysed as follows:

Wages and salaries
Social security costs
Employer contributions to pension plans		 2023
£
2,430,992
186,958
55,867
2,673,817		 2022
£
1,898,377
133,891
44,816
2,077,084

The average head count of employees during the year was 167 (2022: 131).

The number of employees whose remuneration for the year fell within the following bands, were:

£60,000 to £69,999
£70,000 to £79,999		 2023
No.
-
1
1		 2022
No.
1
-
1

Key Management Personnel

Key management personnel include all persons that have authority and responsibility for planning, directing and controlling the activities of the charity and in the prior year these were considered to comprise of the Chief Executive, the Compliance and Safeguarding Officer and the two Deputy Community Managers. In the current year this group was expanded due to the increase in activities. The senior management team in 2023 also includes the Head of Human Resources & Finance, the Head of Education and the Head of Facilities. The total compensation paid in respect of these personnel for services provided to the charity was £293,759 (2022: £216,868).

16. Trustee remuneration and expenses

No trustees received remuneration or reimbursed expenses during the year.

51

17. Tangible fixed assets

Long
Fixtures
leasehold
and
Motor
property
fttings
vehicles
£
£
£
Cost
At 1 Jul 2022
138,108
166,297
29,887
Additions
53,732
19,986
–
At 30 Jun 2023
191,840
186,283
29,887
Depreciation
At 1 Jul 2022
16,573
108,517
27,689
Charge for the year 23,822
23,330
1,648
At 30 Jun 2023
40,395
131,847
29,337
Carrying amount
At 30 Jun 2023
151,445
54,436
550
At 30 Jun 2022
121,535
57,780
2,198
Trade debtors
Prepayments and accrued income
Other debtors
18. Debtors
Trade creditors
Accruals and deferred income
Social security and other taxes
Other creditors
19. Creditors: amounts falling due within one year
Other creditors
20. Creditors: amounts falling due after more than one year		 Assets
Computer
under
equipment
constructionTotal
£
£
£
136,709
39,740
510,741
23,311
116,126
213,155
160,020
155,866
723,896
117,016
–
269,795
17,201
–
66,001
134,217
–
335,796
25,803
155,866
388,100
19,693
39,740
240,946
2023
2022
£
£
253,016
161,340
163,810
205,290
2,367
111
419,193
366,741
2023
2022
£
£
152,724
70,965
127,192
174,809
48,203
51,465
22,500
–
350,619
297,239
2023
2022
£
£
26,250
–		 Assets
Computer
under
equipment
constructionTotal
£
£
£
136,709
39,740
510,741
23,311
116,126
213,155
160,020
155,866
723,896
117,016
–
269,795
17,201
–
66,001
134,217
–
335,796
25,803
155,866
388,100
19,693
39,740
240,946
2023
2022
£
£
253,016
161,340
163,810
205,290
2,367
111
419,193
366,741
2023
2022
£
£
152,724
70,965
127,192
174,809
48,203
51,465
22,500
–
350,619
297,239
2023
2022
£
£
26,250
–
25,803
19,693
366,741
2022
£
70,965
174,809
51,465
–
297,239
2022
£
–

52

21. Deffered income

At 1 July 2022
Amount released to income
Amount deferred in year
At 30 June 2023		 2023
£
159,060
(159,060)
100,215
100,215		 2022
£
115,495
(115,495)
159,060
159,060

Deferred income relates principally to amounts received in respect of summer holiday activity programmes for children deliverable after the end of the financial year.

22. Pensions and other post retirement benefits

Defined contribution plans

The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £55,867 (2022: £44,816).

23. Analysis of charitable funds

Unrestricted funds

General funds
Facility Fund
General funds
Facility Fund		 At 1 July
2022
£
1,202,384
1,000,000
2,202,384
At 1 July
2022
£
1,569,567
–
1,569,567		 Income
£
3,496,220
–
3,496,220
Income
£
3,020,449
–
3,020,449		 Expenditure
£
(3,275,547)
–
(3,275,547)
Expenditure
£
(2,346,447)
–
(2,346,447)		 Transfers
£
(42,660)
–
-42,660
Transfers
£
(1,041,185)
1,000,000
(41,185)		 At 30 June
2023
£
1,380,397
1,000,000
2,380,397
At 30 June
2022
£
1,202,384
1,000,000
2,202,384

A key focus for the Trust is to engage in inspirational facility development to provide safe and inclusive community spaces. A designated Facility Fund has been established to further this aim and the Trustees are hopeful that the latest plan for development, currently in construction, will come to fruition by the autumn of 2024.

53

23. Analysis of charitable funds (continued)

Premier League 4 Sport
Premier League Kicks
Premier League Continuous
Improvement
Premier League Primary Stars
EFL Trust infrastructure grant
Wembley National Stadium Trust
Table tennis
Big Lottery - Family Health
FIT Fans
EFL Trust Extra Time
EFL Trust Innovation Fund
Premier League Core Fund
Green Social Prescribing Fund
Rank Foundation
Covid-19 Response
Armed Forces Covenant Fund
Children in Need
Back to Bowls
Street Games
National Lottery
Covid-19 Response
The Plymouth Argyle Training &
Development Trust for Young People
Loneliness Fund
Active Through Football
Migrant Fund
Football Foundation Playzone
Household Support Grant
Rank: Time 2 Shine
Rank: Loneliness
Arnold Clark
Community Led Local Development
EFL Trust - Business Development
Fans Fund for Matchday
COMF - Cornwall Council
Other funds
Football Foundation playing pitch
SWMAS
EFL - Every player counts
Workplace travel grant
Youth Investment Fund
(pre-construction)
Sported - Project 34
PL Inspires
Rank: FIT
Safer Streets
FA Emerging Talent
Restricted funds		 At 1 July
2022
£
4,888
43,424
2,574
–
2,085
–
4,071
4,361
3,291
9,625
4,167
–
–
2,229
–
276
–
4,877
120
–
1,678
80,214
14,238
–
–
–
5,475
571
1,124
–
–
332
–
–
–
–
–
–
–
–
–
–
–
189,620		 Income
£
–
147,710
–
116,666
–
–
–
–
51,482
–
–
–
–
–
11,250
11,171
–
39,650
–
–
47,038
128,614
–
28,446
18,970
9,536
–
–
7,370
–
–
–
–
1,850
2,455
8,800
5,276
94,500
500
35,000
29,805
75,000
20,000
891,089		 Expenditure
£
–
(133,663)
–
(132,743)
–
–
–
–
(33,026)
–
–
–
–
–
(3,888)
(14,807)
–
(36,311)
–
–
(33,278)
(130,988)
(5,078)
(28,446)
(9,500)
(9,627)
(5,475)
(1,650)
(8,305)
–
–
–
–
(3,757)
(2,455)
(3,865)
(3,845)
(94,087)
(500)
(25,846)
(4,679)
(24,450)
(42,827)
(793,096)		 Transfers
£
–
–
–
16,077
–
–
–
–
–
–
–
–
–
-2,229
–
3,360
–
–
-120
–
–
–
–
–
–
91
–
1,079
–
–
–
-332
–
1,907
–
–
–
–
–
–
–
–
22,827
42,660		 At 30 June
2023
£
4,888
57,471
2,574
–
2,085
–
4,071
4,361
21,747
9,625
4,167
–
–
–
7,362
–
–
8,216
–
–
15,438
77,840
9,160
–
9,470
–
–
–
189
–
–
–
–
–
–
4,935
1,431
413
–
9,154
25,126
50,550
–
330,273

54

23. Analysis of charitable funds (continued)

Premier League 4 Sport
Premier League Kicks 63,284
Premier League Continuous
Improvement
Premier League Primary Stars
EFL Trust infrastructure grant
Wembley National Stadium Trust
Table tennis
Big Lottery - Family Health
FIT Fans
EFL Trust Extra Time
EFL Trust Innovation Fund
Premier League Core Fund
Green Social Prescribing Fund
Rank Foundation
Covid-19 Response
Armed Forces Covenant Fund
Children in Need
Back to Bowls
Street Games
National Lottery
Covid-19 Response
The Plymouth Argyle Training &
Development Trust for Young People
Loneliness Fund
Active Through Football
Migrant Fund
Football Foundation Playzone
Household Support Grant
Rank: Time 2 Shine
Rank: Loneliness
Arnold Clark
Community Led Local Development
EFL Trust - Business Development
Fans Fund for Matchday
COMF - Cornwall Council
Other funds
Football Foundation playing pitch
SWMAS
EFL - Every player counts
Workplace travel grant
Youth Investment Fund
(pre-construction)
Sported - Project 34
PL Inspires
Rank: FIT
Safer Streets
FA Emerging Talent
Restricted funds		 At 1 July
2021
£
4,888
121,353
3,318
–
2,939
–
4,071
4,361
6,065
11,832
4,167
5,405
14,934
4,000
28,918
9,850
1,976
4,680
120
206,570
1,678
4,375
27,853
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
415,284		 Income
£
–
(141,213)
–
83,333
–
8,000
–
–
3,485
14,994
–
27,083
22,100
–
–
–
–
4,543
–
–
–
138,548
–
2,460
10,000
6,260
9,876
1,000
8,136
3,333
6,000
23,000
2,501
–
–
–
–
–
–
–
–
–
–
496,005		 Expenditure
£
–
–
(744)
(118,909)
(854)
(8,000)
–
–
(6,259)
(17,201)
–
(33,431)
(37,943)
(1,771)
(29,048)
(9,574)
(1,976)
(4,346)
–
(206,570)
–
(62,709)
(13,615)
(2,798)
(10,095)
(9,454)
(4,401)
(429)
(7,012)
(3,333)
(6,000)
(22,668)
(2,501)
–
–
–
–
–
–
–
–
–
–
-762,854		 Transfers
£
–
43,424
–
35,576
–
–
–
–
–
–
–
943
909
–
130
–
–
–
–
–
–
–
–
338
95
3,194
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
41,185		 At 30 June
2022
£
4,888
2,574
–
2,085
–
4,071
4,361
3,291
9,625
4,167
–
–
2,229
–
276
–
4,877
120
–
1,678
80,214
14,238
–
–
–
5,475
571
1,124
–
–
332
–
–
–
–
–
–
–
–
–
–
–
189,620

55

23. Analysis of charitable funds (continued)

Purpose of restricted funds

Premier League 4 Sport:

Funding to encourage more young people into sport.

Premier League Kicks:

A project with the aim of using football to bring communities together and engage with young people. It involves football and other sports sessions and the encouragement of volunteering.

Rank Foundation Covid-19 Response:

A bespoke fund designed to support families who had been severely affected by the pandemic and were left in food or network poverty.

Armed Forces Covenant Fund:

The Veterans Wellbeing Hubs supported 38 veterans improving their mental health, physical wellbeing and community connectivity. The project included a suite of sports sessions, walking groups, veterans cafe’s and food themed workshops.

Premier League Continuous Improvement:

This represents funding from the Premier League Charitable Fund to support areas or aspects of the Trust which have been identified as needing additional support and investment.

Premier League Primary Stars:

Funding for a programme which uses the appeal of the Premier League and professional football clubs to inspire primary school children to learn, be active and develop important life skills.

EFL Trust infrastructure grant:

Grant funding for equipment to assist the Trust in delivering its aims. It is used principally in connection with the Manadon Sports Hub development.

Wembley National Stadium Trust:

Funding to enable the delivery of a wide range of disability provision.

Table Tennis:

A Sport England funded initiative, using table tennis as a means of introducing a sporting habit for life, whilst raising aspirations through sport.

Big Lottery - Family Health:

Big Lottery funding to support the running of a dementia café.

FIT Fans:

Funding for a free health programme for men and women aged 35 - 65 who are looking to lose weight, get fitter and lead a more active life. Mental health projects:

EFT Trust - Extra Time:

A project designed to engage retired and semi-retired people and ultimately aimed at combatting loneliness and inactivity.

EFL Trust - Innovation Fund:

Funding used for the delivery of the Prison Programme - Alternative Lives project.

Premier League Core Fund:

Funding to assist the Trust’s general costs, and specifically applied against staff costs.

Children in Need:

A fund to provide children with disabilities access to free provision with adapted equipment, thereby reducing barriers to participation.

Back to Bowls:

Provision of turn up and play bowls sessions to encourage people to play the game after the lockdowns.

Street Games:

Estate-based multi-sport provisions for young people who have been referred by an external organisation to the police, and then guided into our delivery as a mechanism of life improvement.

National Lottery Covid-19 Response: Used to tackle the impact of the coronavirus.

The Plymouth Argyle Training & Development Trust for Young People: These funds are those of a separate linked charity which, under the provisions of the Charities Act 2011, are able to be treated as forming part of the funds of the Trust for reporting purposes only. They are required to be utilised in accordance with the linked charity’s own trusts and these correspond closely with those of the Trust relating to young persons.

Loneliness Fund:

A project to reduce social isolation during the pandemic through phone calls, garden gate visits, online groups and food and medication deliveries.

Active Through Football:

A project which aims to increase activity levels amongst inactive adults aged between 30 and 50 years of age.

Migrant Fund:

The central migrant fund is a project funded by MHCLG and its sole purpose is to support a network of organisations trying to use events and programmes to improve levels of social harmony in four key highlighted wards of Plymouth.

Football Foundation - Playzone

Community engagement grant to undertake local research across Cornwall and Plymouth in respect of new capital investment opportunities.

Green Social Prescribing Fund:

Working with a variety of partners to deliver physical activity, arts and nature based activities in Central Park with the aim of getting those most impacted by the pandemic back into the community.

Household Support Grant:

A fund to provide support for families living with low incomes/long-term unemployment struggling with with increased bills and caring for family members.

56

Rank: Time 2 Shine:

A programme designed to address organisational development needs within a social enterprise or charity and to enable a leader with the right skills mix, talent and work ethic to experience a 12 month full-time paid position within a supportive work environment.

Rank: Loneliness:

A project aiming to reduce social isolation by engaging those identified as being most impacted by this issue and being furthest away from accessing a healthy and active lifestyle.

Community Led Local Development:

A ‘Sport Works’ project to engage and support 26 unemployed adults or adults whose employment has been threatened by the impact of COVID-19 from identified core and functional target areas.

Rank - FIT:

A weight management programme designed to achieve long term improvements in weight loss, increased physical activity, diet, and psychological wellbeing through workshops and physical activity sessions.

Safer Streets:

Support for continued one to one mentoring of young people who are at risk of exploitation and development of exploitation work through the Kicks Town model.

FA Emerging Talent:

Funding provided to allow greater accessibility to the player pathway and more inclusivity for female players to enhance player development.

Fund Transfers

EFL Trust Business Development Grant:

Funding for development of the charity and used to provide professional advice on VAT registration and for the provision of additional premises space.

Fans Fund for Matchday:

Football Foundation funding to support the return of supporters on matchdays following the relaxation of Covid-19 restrictions.

Transfers to the general fund were made where the funds in question had been fully utilised in previous years and the appropriate support costs had not been charged to the fund. Transfers from the general fund were made to various funds either where their had been an overspend on the activity or an element was match funded from reserves.

Cornwall Council - COMF:

The aim of this project is to support young people and children aged 10 - 16 years with their mental wellbeing by enabling an Argyle Community Trust Mental Wellbeing practitioner to work with schools in Cornwall.

Football Foundation - Playing pitch:

A grant to support the maintenance and improvement of grass playing pitches at Manadon.

SWMAS:

Financial support for the delivery of an EV charge point at Manadon.

EFL - Every player counts:

EFLT grant to help remove financial barriers for attendance at disability sessions.

Workplace travel grant:

Financial support for the delivery of an EV charge point at Manadon.

Youth Investment Fund (pre-construction):

A grant to accelerate the proposed capital programme to meet RIBA stage 3.

Sported - Project 34:

A fund to provide free football sessions for girls to increase female participation.

PL Inspires:

Premier League Inspires empowers participants to develop persona;, social, employability and life skills, through a series of regular face-to-face group sessions, mentoring, workshops and social action projects, providing pupils with the help they need now and supporting them to plan for their future.

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24. Analysis of net assets between funds

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||||| |---|---|---|---| |Unrestricted|Restricted|Total Funds| |Funds|Funds|2023| |£|£|£| |Tangible fixed assets|384,144|3,956|388,100| |Current assets|2,373,122|326,317|2,699,439| |Creditors less than 1 year|(350,619)|–|(350,619)| |Creditors greater than 1 year|(26,250)|–|(26,250)| |Net assets|2,380,397|330,273|2,710,670| |Unrestricted|Restricted|Total Funds| |Funds|Funds|2022| |£|£|£| |Tangible fixed assets|234,490|6,456|240,946| |Current assets|2,179,450|268,847|2,448,297| |Creditors less than 1 year|(211,556)|(85,683)|(297,239)| |Creditors greater than 1 year|–|–|–| |Net assets|2,202,384|189,620|2,392,004| |25. Analysis of changes in net debt| |At 1 July|Cash|At 30 June| |2022|flows|2023| |£|£|£| |Cash at bank and in hand|2,081,556|198,690|2,280,246|

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26. Operating lease commitments

The total future minimum lease payments under non-cancellable operating leases are as follows:

Not later than 1 year Later than 1 year and not later than 5 years

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||| |---|---| |2023|2022| |£|£| |9,358|9,536| |4,916|10,526| |14,274|20,062|

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27. Post balance sheet events

28. Related parties

On 28th February 2024 ACT signed a 99 year lease agreement with Plymouth City Council to refurbish and run the Brickfields Community Hub to support rejuvenation in the Devonport area of the City. Funding of £2.7million has been secured from COF and YIF to support the project with the balance of £1.1million coming from ACT reserves. An agreement, through a letter of intent, has been established to undertake circa £654K of refurbishment work which will be followed by a Design and Build contract with Classic builders for a total value of £3.33 million. It is anticipated the refurbishment will be completed by September 2024. A wholly owned trading subsidiary has been incorporated and the operation of the Brickfields Community Hub and the existing trading activities at Manadon and Central Park will be operated through this entity from 1st July 2024.

Mr J Morgan, Mr P Berne and Mr A Parkinson were directors of Plymouth Argyle Football Club Limited (“PAFC”) throughout the year.

During the year sales invoices totalling £126,270 (2022: £87,171) were raised by the Trust to PAFC, principally in respect of facilities hire, salary recharges and recharged project delivery costs. Purchases of kit, equipment, tickets and other recharged amounts from PAFC totalled £235,565 (2022: £193,152). A net balance of £23,926 (2022: £17,258) was due from the Trust to PAFC at the year end in respect of trading account balances.

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“OUR MISSION IS F i. = ‘o = 4 Pw a TO INSPIRE AND MAKE A POSITIVE DIFFERENCE TO DEVON AND CORNWALL COMMUNITIES.” 7A =

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ARGYLECOMMUNITYTRUST.CO.UK

PLYMOUTH ARGYLE FOOTBALL CLUB, HOME PARK, PLYMOUTH, DEVON, PL2 3DQ. REGISTERED CHARITY NUMBER 1128906.

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