A K E D P I Z Z A ARGYLE COMMUNITY I TRUST 'OAKLABLE t"oThTIY. IOR Y ÈVENT OR occ,4sioN F l N A N C l A L R E PO R T 2 0 2 3 / 2 4 STATEMENTS MARK LOVELL CHIEF LXECUllvE OFPICER Overthe pjst 12 months there has been a reèl drive in ensuring our provi510n5 are $u$tslned across D￿an and Cornwall. I'm delrghted that we have not only mJna9eil to sustain our activities and pro9r•mrne5 but In Some areas Incr¢a5ed our offer which has met the needs of our local communlty. measuring our impact.. alll ol become a beacon within the local which Is detailed within our end ol community. year report. An example of some of this work Includes our healih provision which has seen us increase our weight management programmes across Cornwall working with multiple partners to tackle an identilied health issue and provide lon9-term changes lor people's lives. We are excited lor the future and. whilst we acknowledge there will be challenges. we have an exciting new Community Hub opening which will support the communities ol West Plymouth whilst a150 providing high quality pitches for multiple sports. The Hub at Foulston Park will enable the charity to target th05e most in need. increase physical activity and well-being whilst Improving young people's lives. Our workforce has been key to ur success. and I would Like lo Our Manadon Sports Hub has thank our Staff who work tirelessly been in operation lor six year5 to help supporl people within our nd Is truly embedded in the communities, to our staff that local comrnvnity, offerin9 local c*vocate the work we do and community activities. multi also those who support trom an sports Ihrou9h the whole year administrative perspective. (Ind helping to piovide a central hub loi community and sports ctivilie.s. The site is used by schoo15. colleges. commLJnity gioups. local football and crickeL clubs IhroLJgh the private Sector and our own Trust delivery programmes and the site has The support we receive from our partners. lunders and parent club enables us to deliver our work. On behalf ol everyone associated with Argyle Community Trust we WOL41d Ilke to S¢>y thank you tor 5upportlng the charity. We continued to work within our key Impact ¢ireas of empowering people. promoting physic¢>l and mental wellbeing, Inspiring supporters whi15t also iryiproving oijr systems and struclurv% and RYAN RAMSEY TRUST CHAIRMAN In the 5 years I've been on the Board of the trust. the way In which il has evolved has always amazed me. The effect we have in our communitie5 both in Devon and Cornwall Is lor many people life changingly positive. We've expanded considerably in service provision and Foulston hub is the next slep in providin9 even more. It's genuinely exciting phase of our Strategy. Success comes down to all the people 5nvolved, those at the front line providing the services, the support staff, managers and the Executive team the focu5 underpinned by lived values has been incredible ènd success is always measured by ihose who receive our services. for free to support this amazing organisètion. It all make5 me proud to be a part ol ihis venture. I'd also like to thank my fellow Trustees. who give up their time jlk CONTINTS 4 TRUSTEES AND STRUCTURE 25 EDUCATION AND EMPLOYABILITY ACHIEVEMENTS AND PERFORMANCE 29 FACILITIES KEY ACTIVITIES 30 EVENTS AND CAMPAIGNS 11 COMMUNITY PROGRAMMES 35 COLLEAGUES AND ENGAGEMENT 13 TACKLING POVERTY WITH PROJECT 35 34 FUTURE DIRECTION 16 HEALTH AND WELLBEING 37 FINANCIAL TABLES 20 SPORTS AND SCHOOL PROVISIONS JJ LUICNOMEIEI 100,0 90.ODO 80.00 10.0 6Q.O so.00 40.90 Jo.00 ARGYLE COMMUNITY REFERENCE AND ADMINISTRATIVE DETAILS Or9anlsational Structure The Tru51ee5 are responsible for the gèneral control and managemeni of the Trust. The Trustees give their time freely and receive no remuneration or other Nnancial beneh'ts. apart from expenses related 10 attendonce al Trust Board meetings. comprphe.nsive risk reoisier seis L>ut respon5ibilily wilhin Ihe organi5alic>n for r15k rranagement. 4S519ning iisk managers and IdenLilying measures ihat have been taken. or are yet io be taken. to mitl9ate each rlsk. THE TRUSTEES Mrs I C V05per Mr A Parkinson Mrsv H Howell Mf J P Morgan Mr5C L 8eney Mr P G Sieer. ¢r￿19n￿d ?D Janwry20251 Mr S Brownlow Mr J Evans M$ C A Dennerly Mr P M Berne Mr R T Ramsey The principal r15ks Identified during 2023124 related to lack of diversilicatitsn ot funding streaFn5. sialf Fetrui¢ment and retention and Succession planning to reduce slngle points ol failure. Creation of a new lunding department. iniroduciion ol a Teslruclule nd fjew salary policy have been key driver5 in reducing the risks The Tru5tee5 meet together as body usually no less Ihèn bi- monihly and are responslble for 10 running Ihe Trust and Ihe tornmunity facilili2s and activities provided by the TFu5t. S•cret•ry Mrs J Yorke R•crultrn•nt •nd oppolntment of trust••S The emlsiino Trustee5 are Flnantlal revlew responsiblÈ lor the iecruilrnenl Nei Incoming funds from of new Trusiees and invlte new nrestrlcied sources lor the year Trustee5 to the Boaid. Polenllal were E549.718 12023. £220.6731 Trustee5 are invited lo atiend which alter a transfer of E36,470 Trustees. meetings as observers and 12023. £42,66011o re5tricied are given mL>re detèlls of the Trust-s funds resulted in accumul'ared aims an(1 Hr.tIVllles and If all agree, unrestrlcted funds 01 £2.893,64S they aTe ihen proposed as new 12023 £2.380.397110 be earried forw)Fd. When restricted lunds Trusiee$ at the subsequent Trusiees, are included, tolal lund5 at the meetlng This process allows due tons1deraiion of Ihe pe150ri'5 year-end (excluding those of eligibility. personal cornpetence. linked charity The Plymouth Atgyle speciali51 knowledge and skill5. Training & Developmenl Trus1 for Young People) were £5.237.708 The day-to-day management of the 12023 £2.710.6701. Communiiy Trust facilities. aciivlties nd PToJecis are delegaied Its $laff. unElei Ihe leadeiship of Chief Execulivc Oftlccr Mark Lovell, Ch•rlty R*9lsir•tlon Numb•r 1128906 Comp•ny R•9lstr•tltsn Numb•r 06797988 The charity is incorporated In Englamd and Wales. R•glst•r•d Ofll¢• Home Park Plymouth Devon PL2 300 Audltor Westcolts ISWI LLP Plym House 3 Longbridge Roèd Plymouth Marsh Mllls Dtvon Unresirlcted general funds ai the year-end (excluding the Facility funds tsl £l,000.000 and Ihp MJnadDn Sink Fund ol £L25,0001 were £1.768.645 12023.. £996.2531 and the Irustees are satisfied thol the current level of reserve5 held is In accordance with the reserve5 policy outlined below. PL6 8Lr Rlsk M*n*9•ment The Tru51ees confirFn that exposure to risks 15 regularly reviewed. and appropriate and etfeclive 5y5terns have been established to minlmlse them. Slructur•, gov•mance and management Plymouth Ar9yle Fooiball In the Colnmunity Trusi wag incorporaied s a company limited by guarantee registration number 06797988 on 21 January 2009 and Is registered with the Charity Commission under Charity Number 1128906. 11 15 governed by its Articles of Association and operates under the name"ATgyle Commun)ty Trust-. Reserves Policy The Trustees acknowledge how changes In ihe level of reserves Is good Indicator ol the underlying financial health of the Trust and can be an Indicator of poilential problems. The Trusi have Identified rlsks ihat mi¢3ht prevent the Charlty Irom achievin9 Strategic priolilie5, with the obieciive of bringing each risk down to an acceptable level at which il cèn be managed and controlled. A regularly maintained. The level of ie5eNes will be monitored Ihrou9houl the year as part of the norm31 rnonitoring and budgetary reportlng processes. In ddition. financial reporting and analysis provide5 a financial control environment which a5515t5 the management of Such reSe￿e5. The target minimum level of rese￿e$ has been set as 6 rnonths. worth ol stalling costs and future comrnilted expenditure. based upon lale5t forecasts and budgets lor Ihe most recent 6 months of firiancial report5. where not available). where this expenditure 15 not to be mel by restricted income sources. This equate5 to a figure of £1.4m. Unrestricted general funds are in exces5 of this level. The Trustees h3ve a150 prudently sel aside a further £l.000.000 capital reserve tund for future use. reasonable accuracy at any time the financial position of the charity and en3ble them to ensure that the financ1al statements comply wilh Ihe Companies Act 2006. They ore also responsible for safeguarding the a55et5 of the charity and hence lor taking reasoinable step5 lor the prevention and detection of fraud and other irregularilie5. In p*rticul•r, Trustee5 will.. Identify when reserves ate drawn on so that they unders13nd the reasons and can consider the corrective aclion, if any. thai needs 10 be taken.. Audltor Each ol the persons who Is a trustee at the date ol approval of this report confirms that.. Trustees. rosponslbilities 5tatem•nt The trustees. who arè also directors lor the purposes of company law. re resp¢n51ble for preparing Ihe trusteÈs' report and the financlal siaiements in accordance wilh pplicable law and United Kln9dom Accounling Stand&r¢Js Iuniied Kingdom Generally Accepted Accountlng Pracllcel. so la¢ as they are aware. there Is no relevant audit Informalicsn ol which Ihe charity s auditor Is naware. and identily when reserve levels rlse slgnificantly above target SO Ihat they undeistand the reasons and can consider the orrective action. If any, rhai netds 10 be lèken, they have iaken all slep5 thai they ought to have lakÈn as trustee to make ihemselves aware of any relevant audit information and lo establish that the chèrity's audltor is aware of that Inlormatlon. Identlfy where rhe reserve5 level Is below largel. consider whether Ihls Is due to short- term circumstance or longer term reasons which might trigger a broader review ¢1 finances and reserves.. Company law requlres the charity trustees lo prepare flnancial statements lor each year which give Small compiny provlJlonJ true an<1 fail view of the slate ol aflairs ol Ihe chariiable company This report hès been prepared in accordance with the provisions and the Incoming iesources and appllcallon of resources, includin9 applicable to companles entltled to the Income and expendityre, lol Ihe small companies exemplion. that period. The Irustees. annual repori lin¢ory)oraiing the dlrectors. Fepurtl wos approved by Ihe Irusiees ol the charity on 24¢h February 2025 and $ignecl on Its behall by., regard the ongolng review ol the reserves level, largel and policy as part ol managing the charity.. In pr•parln9 th￿• tlnanclal stitements, the truitees are requlred to.. ensure that the reserves policy continues lo be relevant a5 the charlty develops or changes its strategy and activities.. Mr R r R•ms•y Trust•• select suitable accounting policles and Ihen apply them consislenlly., revlew the 5talerneni on reserves In the trusiees, annual report where ihere have been slgnificani changes In ihe reserves pollcy or level of reserves held. observe the rnethod5 and principles in the applicable Charltle5 SORP.. It Is the polley of th• Truit to hold unre5trlcted funds lo a level to prvvlde sulll¢l•nt lunds to ¢ov•r: make judgnients and accounling e5tirnales that are reasonable and prudent.. eypectalions of lulufe commilled expenditure, prepare Ihe financial staternents on the going concern basls nless it is Inappropriate to presume that the charity wlll continue In business. the r15k ol unforeseen emergency or unexpecied need for funds. and The irustees ale responsible for keeping adequate accounting records Ihat are sullicient to show and explèin the charity s transactions and disclose with any future capital works to the requirements of the Tr￿st where grant lunding may not be available. KINDNESS ACHIEVEMENTS AND PERFORMANCE The Trustees have had due regard to the guidarice PLJblished by the Charity Commission in fulfilling public benefit. Strategic update Promote physlcal participation and wellbelng Our work focuses on removing by encourag￿ng heaiihier barriers to participation in sporr with i*n emptiasis on lifestyles and removinq SLipporting underserved barrier5 to participation. and isolai¢d conimunities, underrepre5enred groups. and Inspire supporters lo enga9e ai-risk children. young people, with conimunity outreach and advlts. programmes. socioeconomic backgrounds. Our vision is to provide opportunities to all people within local communities by Inspiring and empowering Ihern through sport.. In recognition ol Quf dedication to those most In need, we were crowned charrpions ai the nalional Football Business Awards. wlnning Best Football Community Scheine. non-Premier League. Our r.omrnilmeni to improving the life chance5 ol local people was celebrated as we were named Community Champions at the Devon & Plymouth Chamber awards. Nomiiialions were also received tor two Sporls Busine55 Awards lor our work promoting equality. diverslty, We use the pre5tlge of football and inclusion. and Project 35, Empower people lo overcome nd the reacli ol Plymouth our groundbreakin9 social inequalilies an¢J iaise a5pirallons Argyle Ftsolball Club lo insplre. Inipacl project in partnershlp by providing opporlunifies and engage. and he5p people ol with Glnsters. aimed at accredited attainment. all ages. genders, races. and tackliftg poverty. In shoit 'Our Club is commilled to uur community. Improve our systems and structures lo provide qualSty. cmicieiit seTvices that are alue lor money by supplying siaft aiid communilles with comprehensive and ongoing innovative leadership and support. This year saw the close ol our 2021-24 slralegy which sel out our mission to make a posltive difterence lo Devon and Cornwall communilies durlng this p@iiod. In Ihis repoi'l we reflect on our achievernerils across Ihc five Understanding and measurin9 key strategic aim5 that we sel Impact ol our programmes on OLlt in this sirategy and are the communlty. detailed below. KEY ACTIVITIES OF THE TRUST This sea50n, we have Supported 109,902 local people aged between four months and 103 years old through 29.361 bespoke sessions, designed lo meet local need 63Y• of our delivery occurred In the most deprived area5 as we look to combat inequalities. As we look lo create opporlunilies for all, we are proud that 35°A of our participants this season identify as female. This 15 an Increase from 31 /0 In the previous season. reflecting our commitment lo equality. lifelong behaviour change. In lolal. 434 qualifications were achieved by our participants. Between July 2023 and June 2024, our income was £7,264.095, which allowed us to deliver a range of provisions in Devon and Cornwall, coverlng the following themes.. We designed our prov1510ns In line with our five strategic aims and. where p055ible. provided accredited qualifv'cations, health benefits, and opportunities for positive COMMUNITY PROGRAMMES HEALTH AND WELLBEING SPORTS AND SCHOOL PROVISIONS INCLUSIVE PROGRAMMES EDUCATION AND EMPLOYABILITY SPORTS AND SCHOOL PARTICIPATION FACILITIES EVENTS AND CAMPAIGNS Jth IY¥ COMMUNITY PROGRAMMES Empowering local oung peop 81/. fell more positive about their future and 80/ had an increase in conlidence difficulties. ADHD. and was well known lo the police. He experienced a lot ol racism and had reached a polnl where he accepted it as In partneiship with YMCA normal. even though It was Plymouth and Plymouth Youth emotionally distressing. Since Service. we a150 provided Kadus became his mentor. hi5 self-esteem Is higher. he wraparound support and has not been in any further physlcal activity sessions trouble with the police. and he lor al-risk young people in is beginning to be proud ol his Honicknowle through th identity and skin colour.. National Lottery Million Hours Fund. This included 180 Parent of fargeledyoulh work robust one-to-one mentoring participant sessions delivered to 11 vulnerable young people. To support the physical and social development ol local young people, our staff run free loolball session5 and educational workshops on riminality. employment. racism. sexism. health. and sexuality. Funded by the Premier League Kicks programme. StreelGames, and Safer Streets. our misslon is lo raise aspiration5 and reduce crime and anti-social behavlour in high- need areas. This year, in partnership with Torbay Council, we expanded our work into areas where one In hve children live in poverty, "SINCE KADUS BECAME HIS MENTOR, HIS SELF-ESTEEM IS HIGHER, HE HAS NOT BEEN IN ANY FURTHER TROUBLE WITH THE POLICE, AND Re-engage with education H E I S B E G l N N l N G and gain qualifi'cations Take up pos11ive hobbies Reduce reoffending rates Through our targeted youth work we supported 20 young people ai risk of becoming young offenders. some ol whom had lived through adverse childhood experiences. We have supported young people to. Across our youth provisions.. 977 local young people engaged in 1,500 hours ol community developrnenl work with 82A of Our youth programrne venue5 based in the top 30Yo most deprived areas 76Y felt they Improved their relationship with people from different backgrounds TO BE PROUD OF HIS IDENTITY AND SKIN COLOUR. 'Before his referral to the project, my son was 105t. He has complex learning Premier League Premier League Fan Referral Programme We were selected as one of only nine clubs to take part in the Premier League Fan Referral programme to relntegrate those who h•ve engaged wlth negatlve fan behaviour. Through thls programme. we supported five young people wlth one- to-one mentorlngt soclal actlon and, wlth the Adam Stansfleld Foundatlon. took part In restoratlve justlce meetings. Premier League Fans Fund Togethef With PAFC, we provided a variety of events, activities. and training opportunities to develop a welcoming matchday experience for fans ol all backgrounds. Designed to raise awareness and understanding of underrepresented group5, we also collaboTated with our network ol diverse and engaging charities across the city. including Plymouth and District Racial Equality Council and Violence Against Women nd Girls, groups. This allowed thern to share opportunities for the communities they Serve, whi15t celebrating and widening support for thelr work. This seasan we saw improvements in the nurnber ol fans who believed there were opportunities available on matchday5 for young people, fans With di5abililies, women and girls, and people ol different ethnicities. ACTing with Children In partnership with the Pall¢• Through this programme: and Crlme Commissioner, Chief Constable. and Saf•1 Cornwall, we supported vulnerable young people affected by parental Imprlsonment through our flagshlp programme ACTing with Chlldren. Our chlld- centred approach enabled u$ to combat the mental111- health. trauma, low academi attalnment. antl-soclal behavlour. and involvement In the crlminal lu$tice system that research has shown often result from parental Imprlsonment. .1 have been 5UPPOrted by Wayne for the lasl six months 458 hours ol one-to-one at my school and it has been support has been provided very helpful. Some days I don't to 67 youn9 people want to go lo school due to 89/. have improved their the worries and anxieties I have- sell-belief and 92A have about my dad being In pri50n improved their wellbeing and the reactions I might get 84Y. have decreased their from others. Wayne has helped school isolation cases rne understand that my aclions have consequences and that I YoLing penple have nttod to conJridcr thc4C bcforc engaged in 104 hours ol acting. He has taught me how engagement in wider Trust to manage most ol my anxiety provisions as we seek to and anger issues and now I Combat loneliness attend school regularly Young person supported by Acfing with Children 12 pl" FXT, ED&1 As part of our commltment to support them. Designed reating an equal and inclusive th¥ough youth voice. Culture soclety, we have dellvered Fest was a week.long 250 hours ol tralning and celebration that creates workshops to local schoots pride in different cultures and organisations In which we and educates students on explored culture and identity, race. diversily. ènd inclusion. racism, healthy relationshlp* Through workshops, and masculinity. food. Q&As. and refleciive sessions. students questioned Following intidents relating theii own behaviours and to Tace, Ivybridge Cornmunily learned the impoT'tan¢e of College approac.hed us (o muliiculturalism and respect. "TheTe have been rio further reports of concerning language or behavlour of a Taclst nature wlth these students which shows just how rich and valuable the experience has been Darby Ball. Teacher at lrybridge Communily College GINSTERS Project 35 Through Project 35. in partnership with Glnsters, we supported local people experiencing food insecurity, fuel poverty. or social i501ation and loneline55. We seek to relleve the short- term effects of poverty whilst educating people to exlt it sustainably. 2,255 vlsils to Manadon Food Club. with 27,060 food Items shared with those lacing food insecurity 790 IIoLirs of volunleering by Ginsler5 Statt and 6.839 hours completed by Pledge 35 volunteers 615 young people took parl In dedicated holiday roaijshows 400 Christmas hanipeY5 elivered to support families in need 350. kits donated to primary school chlldren in receipt ol free school meals 9.909 primary school children donated over E2.100 and 3.675 food Items ai Green Army days This year we celebrated two years of Proieci 35. during which we have made the following available to our community. 600 primary school pupils eri9ageO in healthy ealing workshops ènd social action 27.452 Ginsters products doriated to people Living in teinporary accomniodatiori and 21.018 food items donated to children on holiday hunger programmes 50 Alternatlve Provision students look part In Ginsters pasty making workshops and 32 local people were taughl sirriple. nutritlou5 cooking skills Ihrough Argyl@ In Aprons 15 HEALTH AND WELLBEING Encouraging healthy lifestyles Our health and wellbeing diet, physical activity, and team Supported 1.536 psychological wellbeing. Our local people in becoming programmes were tailored physlcally actlve and healthy to individual needs and through 1,303 sesslons included Walking Football. tailored to individual needs. Argyle FIT, and funded by the Rank Foundatlon. FIT Fans. Through work5hop5 and physical activity Sessions, our paiticipanls collectively lost over 1.800kg in weight. We delivered targeted healthy lifestyle programmes designed lo achieve long terrn improvements in weight management. Active Through Football We support th0￿ faclng the greatest barrSers to physlcal activlty to achleve long- lerm behavlour change wlth regards to 5moklng. alcohol consumptlon. and dlet. Wlth lunding from the Football Foundation and Sport England. ourActlve Through Football programme includes free and Snclusive recreatlonal football sesslons. fltness classes. mums stay-and- play Iltness mornlngs, and workshops. 303 local people engaged. 'As a first-time Parent with 54A of whom were young baby, it has provided from the lop 30°A most me with a much-needed deprived areas reason lo gel out of the house 93Y have improve and engage in some physical activity. It has been amazing their lifestyle habits. 82Y have Improved stress for my physical and mental health, providing a perfect management. and 95Y have found friends and support release for an hour.. We celebrated the growth in our female Active Through Football sessions by hosting 42 women in our ftrst ever Active Through Football women s tournament Mums Stay and Play participant 16 I Supporting those facing loneliness and isolation With funding from the Rank Foundatlon and Sport England, we supported 98 people of retlrement age through Initiatives that are dedlcated to tackllng lonellness and soclal Isolatlon, whllst increasin9 actlvity levels. These included., Rose's story. You always feel Rose, a lifelong Argyle so welcome and know there is SLJpporler and regular al our somebody there lor you if you Walk and Talk 5esslons need help. I have needed them because I lost my son four- We launched Mindful and-a-half months before my Movement in partnership with husband died. then not long Devon Mind. People accessing after it was the pandemic, so Devon Mind services look it was a difficult time. I don't part in a six-week programme know what I would do wilhoul of gentle, inclusive physical them (Walk and Talk sessionsl activity alongside healthy now because I look forward lifestyle workshops lo improve to Tuesday5 and Wednesdays mental health and wellbeing. so much. I've made so many friends since I started coming", Extra Time Hub Dementia Football Café Walk and Talk Compassionate Café Armed Forces Covenant Fund Veterans Wellbeing Hub In a city with one of the COL4nlry's highest numbers of armed forces veterans. our Veterans Wellbeing Hub. funded by the Armed Forces Covenant Fund, included sports sessions, walking groups. and veterans, cafés. Collectively. these provisions contributed to improving the menlal health, physical wellbeing, and community connectivity of local veterans. 19 SPORTS AND SCHOOL PROVISIONS School provisions A$ we seek to Inspire engagement In physical activlty, we offer local primary schools the opportunity to take part In the Premier League Primary Stars programme and the EFL In the Communlty's Joy of Moving programme, lunded by Ferrero. We also provide a full syllabus of physical educatlon and teacher development sesslons, lunchtime clubs, and after school clubs. Our mission is to fight local childhood health inequallties. 124 Schools enhanced their sporting opportunities through our programmes We celebrated the Premier League Primary Stars Cup, where 100 girls from ten South West clubs came together lo compete for a place in the national finals 58,856 local primary schoo children were encouraged to get physically active through our School provisions We delivered 19,415 hours of fun and engaging physical activity 403 teachers were supported by our coaches Holiday programmes Through our Hollday Actlvltles and Food, Tlme2Move, and Flt and Fed programmes. we provlde children in recelpt of free school meals wlth nutrltious lunches and engaglng ctivities to increase physical activlty and prevent soclal lsolatlon. Our dally enrlchment 5esslons support local families in need of chlldcare and promote healthy Ilfestyle hablts. Cornwall Council, and Torbay Council, we supported 28,326 local children during the holidays. providing them with 6.816 hours of exciting physical and educalional activities and 9.491 healthy lunches to fight food poverty IOOY. thought the programme wa5 a good way to have fun and slay active, 94/¢ made friend5 and said it helped them interact with others, 3nd- 94Y. felt happier and more energetic 'The programme is a great way for tre kn'ds to be involved in activities during Ihe school holidays. It's something we wouldn I be able to afford to do ourselves. We really appreciate each day Parent of a holiday programme participant With funding from Plymouth City Council, Devon County Council, 20 >•4 ..??Jkn. *JJPEft ME Player development pathway 5.579 players took part In our As part of our dedication player pathway, where our to prOVid￿n9 equal qualified coaches support opportunities for all, we the technical, physical. also have a dedicated soclal, and psychologlcal lemale-specihc pathway. development of local We are proud that, of chlldren wlth these themed the current 2024125 reinforced during small- ft'rst-team Plymouth sided matches. 125 playèrs Argyle women's h'rsl team pro9ressed through our squad. 757. of players have male talent pathway, wlth 13 come through our thriving players successfullyjolnlng talent pathway. the Argyle Academy. 873 young footballers also took parl In the Babcock Community Cup. The event was supported by dedicated volunteers frorn Babcock and Plymouth Football Boot Bank, with Babcock staff contributing 188 hours of support and educational science, technology, engineering and mathematics ISTEMI activities. Inclusive provisions We are passlonate about people with di5abilitie$ accessing the same level of activity and sportlng provlslon as thelr peers and we encourage Incluslon 4cro$s our programmes. As such, Il°A of people acr055 our provisions this year have declared a disabS1ity and 15% had a medical condition. and mental wellbeing benèfits ol sport accessible lo 263 local people with disabilities. Our provision5 have lotalled 6.470 hours of physical activity, With funding from Children including our Para-Talenl Hub in Need. our Junior Ability in partnership with Devon FA. Counts prograrnme brought powerchair football. sessions local players with disabilities for people with hearing and healih condition5 together impairments. and specialist PE to train and compete in lesson5, supporled by funding competitive leagues. This from EFL in the Community. season. 109 players look parl We also delivered the All Move in 4,258 hour5 01 physical PTogiamme in partnership with activity on our junior and adult Mencap, where we supported programmes. young people to improve their physical and mental wellbeing through a marathon of 26 hours ol sport. In addition. we run tailored programmes IOT people with disabilities through which we have made the health, social. 23 ITIffl IY VERTU 11 i illl IY ERTU l. babcocl EDUCATION AND EMPLOYABILITY Post-16 BTEC Extended Diploma in Sport We have contlnued to grow our post-16 BTEC provislon •k)d supported 176 students from our educatlon hubs In Plym¢)uth, Cornwall and We were delighted lo make Newton Abbot In the 2023124 our partnership with City 4cademlc year. In partnershlp College Plymouth official with Clty College Plymouth by signing a one year and Cornwall College, we partnership agreement. dellvered 5.157 hours of theory football 5essk)ns. wlth students also competing In compétltlve matches. 95% of students achleved or surpassed their target grades. with 54% progr¢551n9 to unlverslty or further educatlon 'Just two years ago I had and 24% entering employment given up football and started after th¢ programme. 13bouring. I knew that wasn't what I wènted lo do so I joined the Argyle Community Trust programme. That gave me a chance to study and Still play football. and fortunately l impressed and gol a chance with the Academy. I've always had a hunger lo reach this position and I know this is a big moment bul the dream doesn'l stop here. I w3nl to irnpre55 and be involved in the first team squad.. This season. Trust Post-16 student and Centre ol Excellence graduate Josh Bernard signed a professional contract with Plymouth Argyle. 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 74 apprentices providing them with tiaining and support. with 100% passin9 the course. 25 Higher Education This year we celebrated a decade of collaboration with Plymouth Marjon Universlty. combining acaclemic expertise with practical experience. Our staff worked with the university recruitment team as we looked to empower local people to increase their academic attainment through higher education. We also delivered lecture5 and facilitated work placements. and casual employment contracts. Through this work, we supported 43 Students and provided 1,290 hour5 of enriching placements across our sport and comrnunity provlsions. Skills Across our pre-employabillty and tralneeshlp programmes Ilncludin9 YEPI and COMPASS, with fundlng from Careers South Westl, our team has supported 81 local people to develop the necessary skills to enter or return to ernployment. Our tralnlng and hands-on work experience opportunltles totalled 1,251 hours of personal development. esteem, and industry skills aligned to job opportunities within Devonport Dockyard. Participants were inspired by Iouf5 01 the dockyard, introductory caieeis talks. and health and safety training. 85/ secured full-time employment with Babcock and Kaefer -After a challenging period ol unemployrnenl that look a toll on my mental health. I IOOYO completed this work was fortunate lo be referred reèdine55 programme lo the Devonport Futures project. Thls opened the 64 hours of employment- door to volunteerir)g and a related training and work placement at Babcock SUPPOTt delivered and which transformed my life. BOO hours ol volunteering Six months later. l am proLJd ompleted to say I've secured a lull- 100% achieved nationally lime position as dn eleclriLal recogni5ed qualifications engineer, providin9 Stability for and 90°A cornpleted my young 50n'. work trials that gave Tom, Devonport Futures them hand5-on industry parficipant from Liskeard experience We also launched Devonport Future5, an employability and wellbeing programme funded by Babcock International and Kaefer. Together we supported 20 unemployed local people to develop confidence, 5elf- Secondary School Provisions Through our Premier League Inspires and Alternative Provision programmes, we have worked with 106 secondary school students who aTe either marginalised. suffer from low confidence. oi are al risk of exclusion. Students completed programmes of work designed to help re-engage them with School. whilst improving their mental health and leadership qualities. 26 ' MARJON K E D P I Z Z A 4¥ 4LABLÉYOYnVToR EVENT OR OCCASION ND, QPILGBJMPIZZ ,Rank ?Oè si ARGYLE MERCH! FACILITIES This year. 219.000 visits were mède across ourthree facllltles to community provisions provided by ourselves and our valued local partner5. home with them as we strive to combat food poverty. Plymouth Albion RFC. and Devonport Community Leisure Limited, this year saw us commence our exciting redevelopment of Brickftelds Sports Centre into a communlly hub Through Plymouth City Council, we were fortunate to secure a Workplace Travel Scheme that allowed us lo install EV Charge points and electric bikes at OLJr Manadon In 2023124, we have secured Sport5 Hub site. In line with our over £2.5m in grant funding, Environmental Sustainability which together with our Plan. this supports our net zero facilities reserves fund, 15 ambitions whilst promoting enabling us to create a facility direct Iransporl links acros5 that meets the needs ol the city. local people living in an area ol deprivation and health With funding from Clarion inequality. Capital funding, Housing and National Grid. including grants from the we have begun work to Community Ownership Fund, develop a Comrnunity Bernard Sunley. The Garh"eld Allotment that wlll be Weston Foundation, and The completed in 2024125, Clothworkers, Foundation, Through this green space, 15 allowing us to create we will provide opportunities accessible facilities with lor those experiencing social sports, leisure. wellbeing isolation to come together and personal development through a shared passion lor oppoilunities lor people of growing food. We will also all age5, backgrounds, and create an environment where at)ililies. In addition. our people are empowered to successful appllcation to the become community/work Youth Investment Fund will ready and wlll provide access enable us lo work with over to nutritious food for people 2,000 local youn9 people who are lacing lood insecurity. through our open-access youth hub and positive provisions that support their personal development, encourage them to participate in training and qualifi'cations, and reduce crime and anti- social behaviour. The Football Foundation's Power Pitch Fund supported us to maintain our playing pitches at Manadon Sports and Communlty Wub. Their ommltment lo improving and maintaining high quality grassroots pitche5 allowed us lo provide all-weather facility access to gras5roo15 adult and youth teams as we support local people lo gel active. This year over 500 young players participated in organised affi'liated lootball from our venue. With funding from the Plymouth City Council'5 Household Support Fund and Clarion Housing, Manadon Sports Hub opened as a warm space lor 141 local people who were struggling with the cost-of-living crisis. We provided free hot food and drinks. access to charging polnls and Wi-Fi, and information from local We also launched Pilgrim services and organisations. We Pizza our rnobile catering also supplied 40 warm packs van, in partnership with The with electric blankets, slow Rank Foundation and Four cookers, and heating timers, Greens Community Trust. to support resident5 lacing The van uses food to connect fuel poverty lo stay warm al local communities and drive home. The National Lotteiy conversation and interaction. Food Club also allowed local In partnership with Plymouth people lo take nutritious food Argyle, Plymouth City Council, 29 EVENTS AND CAMPAIGNS Th• Charity does not carry out slgnlflcant fundraising activities in relation to ndlviduals. Ik Charity Goll Day, sponsored by SW Law, Ihal engaged 90 gollers Irom SDUth West businesse5 and raised £11,990 for Project 35, our social impact project in partnership with Gir)sters. businesses. which raised &1.650 lor our disability programmes. OLJr live-a-side corporate cup raised £2,2SO to fund a new men's mental wellbeing project in partnership wlth Devon Mind. We launched multiple campaign5 to en9age new corporate and commercial partners. In line with strategic aims, this helped us to raise the charitable profi'le of the Trust and inspire supporter5, whilst further diversifying funding streams. Our Green Army Fun Run saw 138 dedicated runners raise E7.500 for Pioject 35 nd our h.ghl against food poverty. A corporate six-a-slde Summer League in partnership with 12 local A festive lood hamper appeal. with support and donations from Babcock, Ginslers, and The Church of the Holy Spirit, supporting 200 families in need al Christmas. Notably, 2023124 delivered.. 30 028 094 COLLEAGUES AND ENGAGEMENT Our dedScated and hardworking staff are at the heart ol what we do. providing the servlces and outcomes our communltles need. retention, recruitment and advancement wlthin the current structure awarene55 took place during the year. Our annual staff conference in September 23 enabled a celebration of the great work undertaken by staff and volunteers. with a continuation of our annual staff award presentation, recognising the achievements of len members in seven award categories. Changes in emphasis upon some partnerships and charitable programmes Cost effectiveness and effi'ciency and staff overload We welcomed a tranche of new staff following a TUPE transfer in September 2023 with a lull integration into the organisation. Resulting in changes to slruclure, level and pay whilst providing clear lines of progression for all. A re-evaluation ol our stam structure took place during the year lo consider,. .1 fell really proud to receive my Cornwall Staff Award (Players. player). The validation from my peers in recognising my dedication and achievements was really appreciaied. Jamie. Cornwall statt award winner Diversifi"cation and re- alignment of streams of work We provided pathways and training lor our apprentices to enable thern to move into contracted employment with us. Investment lor staff training in safeguarding. first id, coaching, challenging behavioLJr, qualilied teacher 5tatLJ5 and mental healih Growth of the business including increased participants, projects and programmes Limitations for staff 33 FUTURE DIRECTION We are extremely proud of the At present we are shaping work that we have undertaken our new strategy, usin9 not only In 2023124 but consultation with staff. key throughout the pèst tive years stakeholders, and parlicipants of our strategy. During this to shape our future direction. period, we have adapted our Informed by local need. a large work to meet the needs of our focus of our work will include community. This has Included maintaining and developing our response to the COVID-19 our tacililies basert in ai¢ias pandemic and our support ot need. ir)cluding the new of local people facing food Brickhelds Community Hub Insecurity and the cost-of Central to this process will livin9 crisis. be using Ilie voices of ihe people we serve to co-design provisions that empowei and support them to live healthy lives and achleve theii lull potential. 34 INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF PLYMOUTH ARGYLE FOOTBALL IN THE COMMUNITY TRUST Oplnoon 8a5ed on the work we have perlormerj. we have not idenlihed any maierlal unc&rtalniies relating to even15 We have èudiled the financial statements ol Plymouth or cortditions that, Irtuividually or collectively. may cast Argyle Fooiball In ihe Communlty Tiust Iihe cttariiy I signilicant doubt on the charily's ability lo continue 8S for the year ènded 30 June 2024. which cornprise the a going concern for a period of 3t least Iwelve months Slèlement of Financial Activities. 8alènce Sheet, Statement from wheri the original financial statements were ol Cash Flows. and Notes to the Flnancial Statements. authorised for is5UP. including a summary ol signihcani accounling policies. The financial reporiing framework Ihèt has been applied in Iheir preparation Is Unlied Kingdom Accouniing Standards. omprising Charities SORP - FRS 102'The Financial Reporting Stèndard applicable in the and Republic of Irelènd. and applicable law (United Kingdorn Generally Accepted Accounting Practice). Our re5pon51billtie5 and the responslbilities ol ihe trustees with respect lo going concern are described in the relevant sections of Ihis report. Other InforM•tlon In our oplhlon the flnanclal statements.. The Irusiees are responsible lor the other Information. The other information cofflprises the inlormailon Included in the annual report. Other than the financial staternenis and our auditoi's report Ihereon. Our opinion on the financial statements does noi cover ihe other inlormalion and. except 10 the exieni Otherwise explicitly siaied In our repcirl. we do not express any lorm of assurance conclusion theleon. give a true and lalr view ol the slate ol the charity's affairs as at 30 June 2024 and ol ils Incorning resources and application of resources, including ils income and expenditure. lor the year Ihen ended.. have been properly prepared in accordance wllh United Kingdom Generally Accepled Accounting Practice.. and have been prepared in accordance with the requirements of the Companies Aci 2006. In connection wilh our audit of the financlal slatemenls. our rÈsponsibilily IS to read the other information and. in doing $0. consideT whether the other Informaiion Is rnaieriJlly inconsisient wlth the financial stalemenis trr our knowledge oblained In Ihe audil or otherwise appears to be materially misstated. 11 we identify Such Material Inconsisiencles or apparent material mi55tatemenis. we ère requlred lo determine whether Ihere is a material m155tatemeni In the flnancial 5taternen15 or a material missiatement ol the Other Information If. based on the work we have performed. we conclude Ihal there Is a material misstal&ment ol this Other inlormètion, we are required 10 report thai lacl. B•sls lor oplnlon We c¢nducled our audit in accordance with Internationol Standards on Auditing IUKI IISAS IUKII and applicable law. Our responslbiliiies under Ihose stèndard5 are lurlher described In the audlior responsibllities for the audii of the financial slèlements section ot our report. We are independent ol the chariiy In accordance with the eihical requirements that are relevant to our audit ol Ihe financial stalemenis In Ihe UK. Including the FRC'S Ethical Standard, We have nothing to report In thls regard. anrj we have fulhlled our Other ethical responsibilities in accordance wilh Ihe5e requirement5 We believe that the audit evidence we have obtalned is sufficieni and ppropriate to prowoje a ba515 for our opinion. Oplnion on oth•r matt•r pr45cfbbed by the Companles Act 2006 In our opinion. based on the wtsrk undertaken in the course of the audit.. Cgnclusion5 reljllng tv goin9 conrern In auditing the financial SlatÈmenlS. WÈ have concluded that the ITU5tee5 use ol the going concern ba515 of ccounting in the preparation of Ihe financial statements Is appropriate. the Information given in the TrLJStees' Repc>rl f(>r the linancial year for which the lillancial 5tatement5 ore prepared is con5isienl with the fin8nci41 slaternents. and the Trustees, Report has been prepared in accordance wilh applicable legal requirement5. 37 Matters on whl¢h we •re requlr¢d to report by exception the financial stsiements from our general commercial and sector experience and thrc>ugh discussion with the directors and other management. We communicated idenilThed LAWS and regulations throughoui our team, and remained alert to any Indications of non-compliance throughout the auflit. In the li9ht of our knciwledge and understsnding of the charlty and its environment obtalne(l in the course of the avdit. we have not identilied material misstatements in the Trustees. Reptslt. We have nothing to report in respect ol the following rnaiter5 where the Cornpanie5 Act 2006 requires us to report to you if. in our opinion.. The charity and group are subject io laws and regulaiions that wern ihe preparation of the financial statements. Inclurjing financial reporting legisiaiion. and other charity legislaiion. ThÈ thèrity and group are also subjeci to other law5 regulations where the consequences ol non- compliance could have a material impacl on the amount5 or di5c105ure5 Wlthin the financial statements. includin9 ernployrnen¢ anli-bribery, anli-money laundering and ceriain aspects of charities legislation. adequate accounting records have noi been kept. or returns adequate for our audit have not been receiYe¢J from branches not vlsiied by us. or the financial statemen15 are not in agreement with the accouniing records and reiurns". or Owing to the inherent lirnitations ol an audit. there Is an unavoidèble risk that we may not have detecred some mèterial misstatements in the financial slaiemenls. even though we have property planned and performed our audit in accordance wllh auditing standards. In any audit. there remains a higfver risk of non-delection ol irregulafllles. as ihese may involve colluslon. forgery, Intentional omissions, misrepresentations. or Ihe overrlde of Internal controls. We are ntsi responsible f¢1 preventlng non-compliance and cannot be expected to ijeiect noncompliance wilh all law5 ond regulatlon5. certain dlsclosures of trus￿e$ remuneration speclfied by law are not made.. Lir we have not receNed all the Inforrnation and e¥planation5 we require for our audit. Reiponsibilillei of trusteei As explained more lully In the Statement of trustees. prepararion ol the financial slaiements and for being sali5h.ed that they give a true and lair vlew. anEI lor such iniernal control as the irustees determine is necessary to enable the preparation of h-nancial statements Ihat are free from material mlsstatemenL whether due io fraud or error. As part ol an audll In accordance wlth Is￿ IUKI. we exercise professional Judgemeni and malntain professional 5cepiici5m throughoul (he aLJdit. We aLs¢'. Identify and asses5 the risks of material misslalement ol the Hnanclal staternent5, whether due to fraud or error, design and perlorrn audit procedures responsive to Ihose ri5k5. and obtain audit evldence tttat is sufrtcient and appioprlate to provide basis for our opinion. The risk ol not detecting maierial misstalement resulting from fraud is higher than for one resulting From error. as fraud mèy involve collusion. forgery, intentional omissions. misrepresentations, or the override of internal conirol. In preparing the financial statement5. the trustee5 are responsible for asse$$ing the charity's ability lo continue as going concern. disclosing. as applicable. matleis re13ted to gdng concern and using the going concern ba515 of accounting unless the truslee5 either intend to liquidate the charlly or tLI cease operallon5. or have no rea￿'StIC alternative but tts do $0. Audltor Msponslbiif(l•s forth• audlt of th• nanei•l &t#t¢m¢nti Obialn an understanding ol inlernèl conirol relevant to the audif in orijer to design audit procedures that are appropriate In the ¢ircumsian¢es, but not lor Ihe purpose of expressing an opinion on the effectivene5S of the charity's internal ctsnrrol. Our oblecllves are to ob13in reasonable assurance about whether the financial staiements as a whole are free from rnaleiial misstatemeni. whether due 10 fraud or error. and to Issue an auditor's report that Includes our opinion. Reasonable assurance is a high level of assu18nce. bul is nol a guarantee th31 an au411 conducted in accordance with ISAS IUKI wlll 8lway5 detect a material misstatement when il exists. Misstatements tam arise from fraucl or error and are considered material If. IndiviéLJèlly or in the aggregate. they could reasonably be empected to influence the economic deci510ns of u5er5 taken on the basis of these financial statement5. Evaluale the appropriateness of accounting pollcie5 used and Ihe reasonableness of 4ccountin9 e5timate5 and relaied disc105ures made by the trustee5. Conclude on the approprialenes5 01 the trustee5 use of the going concein basi5 01 accounting and. based on the audit evidence obl£ined. whether a material unceriainly exists relaied to events or ¢on(Jirions thal rnay cast signihcanl doubt on Ihe chariiy s èbilily to continue as a going concern. If we conclude thai a material uncertainty exist5. we are required to draw attention in our audiior's report to the related disclosures in the linancial slalements or. il such disclosures are Inadequate. to modity our opinion. Our conclusions are based on the audit evidence The extent to which our procedures are capable of detecting irregularilies. including fraud 15 detailed below,. We Identihed areas of laws and regul>tion5 that could reasonably be expected to have a ryaterial effect on 38 obtsined up to the dète of our audirorfs report. However. future events or condition5 may cause the chailly to cease lo conlinue as a going coricern. Evaluate the overall presentation. structure and conlent ofthe financial 5tatemerit5. including the (Jisclosures. and whether the finaneial 5tstements represent the underlying Iran54¢tions and events in rnanner that achieve5 fair presentation. We communkate wrth those charged ￿tIl governance regarding, èmong other mèlters. the planned scope and mlllg of the audlt and slgniNcani atsdit Hndings, includlng ny significant deficiencies In internal control thai we Identify durlng our audit. IrregulJritle5. includlng fraud. are Instances of non- eompliance with laws and regulations. We deslgn procedure5 In IIFie with our re5ponsibiiityes, outlined above. to detect rnaterial misstalernent5 in respect of IT￿gu￿rIties. Including fraud The extent 10 whlch our procedures are Capable of detecting Iriegularities. Ineludlry fraud Is detailed below,, lio move up In audlt report to correct posltionl Us• ofour r•port T*15 ￿pOrt is made solely to the charitable company5 trustees. as 8 body. In a¢coréan¢e with Chapter 3 of Part 16 of the Companles Act 2006. Our audlt work has been underiaken so that we mlgfvl slate to the chèrity. tFustee5 those matiers we are required to stale lo them In an audittsr's repor¢ and for no other purpose. To the IL411e51 extenl permitted by law. we do not accept or assume responsibllily to anyone other than the charl￿ble company and its trus¢ees as a body. for our audit work. for thls rtptsrc crf for the othnbns we have lormed. Adarn Cromy ACA (Senior Statutory Auditc*l Adam Croney ACA Isenior Stètutcry Audit¢yl For and on behalf of.. Westcott5 ISWI LLP. Slatutory Audll¢X Plym House 3 Longbridge Road Plymouth Marsh Mllls Devon PL6 8LT Date.. 24th February 2025 i9 STATEMENT OF FINANCIAL ACTIVITIES (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses) Year Ended 30 June 2024 Unrestricted Funds Note £ Restricted Funds Total 2024 Total 2023 Income and endowments Donations and legacies Charitable activities Other trading activities Investment income Other income 169,643 3,895,423 378,719 44.032 2,174.514 601.764 2,344,157 4.497,187 378,719 44,032 318,211 3,872,961 183,233 7,024 5.880 Total Incom¢ 4,487,817 2,776,278 7,264,095 4,387,309 Expenditure on Charitable activities 13.938,0991 1798,9581 14,737.0571 14,068,643> Total oxpendlture 13.938.099) 1798.9581 14,737,0571 14.068.643> Nel Income Transfers between funds 549,718 136,4701 1,977,320 36,470 2.527,038 318,666 Net movement in funds 513,248 2,013,790 2,527,038 318.666 Reconclllatlon ol funds Total funds brought forward 2.380,397 330,273 2.710,670 2,392,004 Total fijnds carrled forward 24 2,893,645 2.344,063 5,237,708 2.710,670 All ol the charity s activities derive from continuing operations during the above two periods. The funds breakdown for 2023 is shown in note 24. 40 BALANCE SHEET as at ZO June 2024 2024 2023 Not¢ Fixed a55ets Tangible assets 16 2,732.816 388.100 Current assets Debtor5 Cash at bank and in hond 17 18 545,128 2,440,251 419,193 2,280.246 2.985.579 2.699,439 Credltors.. amounts falllng due wlthln one year 19 1476,73n 1350.6191 Net currnnt assets 2.508,642 2,348,820 Total assets less ¢urr¢nt Il•bllltl•s 5,241,458 2,736,920 Credltors: amounts lalllng due after more than one year 20 13,7501 126,2501 Net 4s$ets 5,237,708 2,710,670 Funds of ihe charlty Restrlcted income funds Restricted funds 2,344,063 330,273 Unr•strlcted Incom• funds Unrestricted funds 2.893.645 2.380,397 Total eharlty fund$ 24 5,237,708 2.710,670 The financial statements on page5 20 10 47 were approved by the trustees, and authorised for issue on 24th February 2025 and signed on their behalf by.. Mi R Ramsey Trustee Company number 06797988 41 STATEMENT OF CASH FLOWS Ytsai. Li ALI 30 Jane 20 4 2024 2023 Note Cash flows from operating aclivities Net cash income 2.527.038 318,666 Adjustments for.. Depreciation of tangible fixed a55ets Other interest receivable and similar income Interest payable and similar charges 16 55,384 144,0321 2.621 66,001 17,0241 5.375 2,54LOII 383,018 Ch•n9•s In.. Trade and other debtors Trade and other creditors Increaselldecreasel in deferred income 17 19 20 1125,9351 89.406 14,212 152,4511 138,474 158,8451 Cash generated from operations 2,518,694 410,196 Intere51 paid Interest received 12.6211 44.032 15,3751 7,024 41.411 1,649 Cash flows Irom investing activities Purchase ol tangible lixed assets 16 12.400,1001 1213,1551 Net increase in cash and cash equivalents Cash and cash equivalents at l July 160,005 2,280,246 198,690 2,08LS56 Cash and cash equivalents at 30 June 2.440,251 2.280.246 All of the cash flows are derived from conllnuing operations during the above two periods. 42 NOTES TO THE FINANCIAL STATEMENTS ye.ar Ended 30 JLine 2024 l. ChoiityslatU5 Judgements and keys¢ur¢¢s oftstimatkjn uncertalnty The charlty Is Ilmiied by guarantee. incorporated in England The prepar81ion ol Ihe hnancial statements require5 nd Wale5. consequently does noi have share capital. managemeni ttr make judgements. estimates and Eich of the Iru51ee5 15 liable to contribute an amount not exceeding £1 towards the assets of the charity In the eveni ssumpiicins that afleci the amounts reported. These e5lirnate5 and judgements are continually reviewed and of14quidJtitsn, are based on experience and other factor5. including expectations of future events that are believed to be reasonable undei the circum5tance5. The adLlre55 of It5 reglstered offlce Is.. Home Park Plymouth Devon Fund Stwe￿Ie Ljnreslrictecj funds are waillible for use al the discretlon ol the trustees to tunher any ol Ihe charlty's pulposes. Designated funds are unrestricted fund5 earmarked by the trustees for particular future project or ¢ommitment. Restricted fund5 are subjected to restrictions on thelr expendlture declared by the donor or throu9h the terms c>f an appeal, and fall into one of two sub-classes restricied income ￿ndS or endowment funds. PL2 3DQ The Trust15 Ilmited by guarantee and doe5 not have Share capital. The liability ol the merNber5 15 limited t £10 each. In the evenl of the winding up ol the Trusi any surplus asset5 that exist must be either direetty applied to to Ihe objecr5 of the Tru51 or transferred lo another charlty which has similar objects to Ihose of theTrusl. 2. Accounllng pollcl•s IbKCffie •nd •ndowrn•nts All Incoming resources are Included in the staternent ol financial activities when entitlement ha5 Passed lo the charily.. Il is probable that the economic benefits sso¢iateil wllh the transaction wlll Ilow to the charlty 3nd the amouni can be reliably measured. The follow109 5pecihc pollcies are applled lo parllculai cate9ories of ncome,. Summary of slgnthcant •¢¢ountln9 poll¢lei •nd kty •ccountlng eitlm•tes The princlp81 accountln9 pc41¢ies appb'ed in the Pfyatbn these nnancial staiemenis are seioui below.The5e policies have been consistently appL￿d lo all the year5 presenled unless gtherwlse stated. st•t•ment of compllènce The hnancial stslement5 have beert prepared in a¢ccird8nce wlth Accounllng and Reporting by Charitie5." Statement of Recommended Praciice lapp11cable lo charitie5 preparing their accounts in accordance wlth the Financial Reptrrting Standard applicable In the UK and Republlc of IreL3nd IFRS 10211 lissued In October 20191- (Charities SORP IFRS 10211, the Financial Reporiing Standard applicable in the UK and Republlc trf Ireland IFRS 1021 and the Companie5 Act 2006. Dornt(￿ L•g•¢les•ndfr•nts ncome from donation5 or grants is recognlsed when there is evidence ol entitlement lo the gift. iecelpt Is probable and Its amount can be rllea5urèd relièbly. Le9acy income is iecogn15ed when receipt is probable and eniillement 15 established. DonatedseThleesandfacllltle5 Income from (lonated 9oods is measure¢J èt the fair value of the good5 unle55 thi5 15 ITnpraciical to measure rellably, in which case the value is derived from the cost to the donor or the estiwaied resale value. Donated facilities and seNices are reco9n15ed in Ihe accounts when recelved if the value can be reliably rneasured No amounts are included for the contribut￿N ol general volunteers. ailsof preparatknn The linancial slalernenls have been prepjred on the hlstorical cosi basis. as modifi'ed by the revaluation ¢)f¢ertain fi-nancial assets aDd113billlies and Inve51rneni protrrties measured at lairvalue through income or expendilure. The h'nancial statements are prepared in 5lerling. which15 the functional currency of the entity. Incowe from coniracts lor the supplyof Services is recogn15ed wilh the deliveryof the contracted Service. Thi5 15 cia55ifiecJ a5 unre51riclEd funds unless there Is contractual ￿quireMent lor il to be spent on a p3riicuiar purpose and relurned if unspent. in which case It mèy be regarded a5 restricted. Golng concern The trustees ctsn5ider that therÉ are no maierlal uncertaintie5 about the charity 5 ability to continue as going concern nor any si9nilicant areas ol uncertainty that ffect the carrying value of assets held by the charity. 43 depreckltion and impairment b5ses. Any tangible assets c8rried at revalued amounts are recorded at the fair value at the date of revaluation le55 any subsequent accumulated depreciation and subsequent accumulated impairmeThi losses. Deferred income represents arrounts received for future riods and 15 released lo incoming resources in the period for Whic￿ it has been received. Such income is only deferred when.. The donor5pecifie5 that the 9rant or dcnation must only An increase in the carrying amounl of an asset as a result be used in future accountin9 period5'. or ol a revaluallon, is recognised In other recognlsed galns and losses. unless It reverses a charge for impairment that has previously been recogn15ed as expenditure withiri the s￿LeMent ol fi'nancial activities. A decrease ITI the carrying amount of an asset a5 3 result of revaluation. 15 recogriised in olher recognised gains and 105ses. except lo which Il off5et5 any previous revaluation gain. in which case the 1055 is shown Within other recognised gains and losses on the statement of financlal actlvltles. The don￿ has Imposed conditions which must be met before the charfty has unC¢)ndrtm)n￿ enfjtlement. Exp•ndlture Expenditure 15 ￿C￿n￿￿ on an accruals basis as a Iwbility is iKurred. Expenditure include5 any VATwhich cannot be fulty recovered. and Is cLassihed under headlngs ol the ststelnent of financial actI￿veS to whlch it relaie5'. Depreciation Is provlded on tangible h-xed assets so as to write ON the cost or valuation. less any estlmated residual value, owev thelr expectetl useful economlc Ilfe as follows. Expenditure on raising fund5 include5 Ihe costs of all lundraising actwlties. event5. non-charitabie trading acuvitles. and the sale csf 4Jonated go¢ds, Asi¢t¢L455 Oepred)tlDh meikM)d •nd p•te Charltsbl•KtMtles Long iea5ehold property 4% 51raight line Fixtures ané liltings Expenditure on charitable activltie5 Inclu¢Je5 all c05t5 Incurred Motor vehlcles 30% reducing balance by a charity in undertakln9 aciivbties that further bts charitsbLe 25% siraight Ilne airns for the benefil of ils beneh'ciaries. Including th¢se Computer equ4)menl 40% reducing balance SUPPOrt costs and costs relaiiw to the govemance ofthe sets constructlon noldepreciated chariiy apportioned to ththtèbie activ￿.e$. Impalrwntolflxe4•s•ets A review for Indicators of impairment 15 carried trul ai each reportlng date. wllh the recoverable amount belng estimated where such indicators exist. Where the carrying walue exceeds the recoverable amounl. Ihe asset is Impaired accordlngly. Prlor impairments are also revlewed f¢)r p05sitsle reversal at each reporting ¢Jate. For Ihe purpc>ses ol impairment iesiln9. when il is not posslble 10 estimate the recoverable amount tsf an individual a5sel. an eslimaie Is made of the ￿Coverable arnouDI of the cash-9eneraiing unit lo which the a55el belongs. Ttte cash-generating unil 15 ihe Smallest identifiable group ol as5els that includes the asset and generates cash inllows that largely independent of the cèsh inflows Irom other as5eis or groups of assets. For impairment testing of goodwill. the goodwill acquired in 8 buslness combination Is, from the acquisition date. allocated tts each of the cash-gener3tirtg unils that are expected tts benent frtsm the synergies of the combination. Irrespective of whether other a55ets or liabilities of the charity are assigned to Ih05e unil5. CXlw*xp•ndltur• Other expenditure i￿ludeS ail expenditure thai 15 ￿lther related lo ra15ing fund5 for the charity nor part of its expenditu￿ on charitable activltse5. All costs are allocated to expen(Jllure categories ￿lleCting the use ol Ihe resource. Diiect ¢OSls atlribulable lo a slngle a¢￿￿1￿ are allocated directly 10 that activity. Shared c0515 are apportioned between Ihe activities they contribute to on a reasonable. justifi'able and con51s1ent basis. pportcosts Support cosis Include central fun¢tltsns and have been allocated to activity c051 categories on a basi5 con5151enl with the use of resource& for example. allocating property costs by floor areas or per capita. staff costs by the tlme spent and other c051s by usa9e. fjov•minE•cos11 These Include the costs atlributabie lo (he charitys Thxo￿on compli4nce with con51itulional and ststulory requirements. including audit. straiegic management and trustees meetings The charily 15 con51dered lo pa55 the te515 Sel out in and rwmbursed expenses. Paragraph I Schedule 6 of the Flnance Act 2010 and Iherelore Il meets the dehriition of a charitable cornpany for UK corporalion lax purposes. Accoidlngly, the charity s potentially exempt from taxation In respect of income or capital gains received within categories covered by Chapter 3 Part li of the Corporation Tax Aci 20LO or Section 256 (>f the Taxation of Chargeable Gain5 Act 1992. to the extent thai such Income or gains are applied exclusively to chariiable purposes. Opera￿Th9 lea5e5 Lease payment5 4re reEogni5ed J5 an expense over the lease teTm on a 5traight-line ba515. The a99re9ate benefit ol lease incÈntwes 15 reco9nised as a reduction to expense over the lease ter￿ on a straight-line basis. Tanglbleflxed •Asets Tangible as5e15 are initially recorded ai cosi. and subsequently staled ai cost less any accumulated 44 C•5h •nd ￿$h e4uNalents sh and cash equwalents comprise cash on fvand and call deposits. £nd other sh>rt-term highly liquid iDve5tments that are readilyconvertible to a krwn amount of cash and are subject to an insvJnificant risk of change in value. lal The contractual return to the holder Is lil a fixed amount., lill 3 wsibve fixed rale or a po&twe varoble rate.. or liiil a combination ofa positive QT3 negatwe fixed rate and positive variable rate. Ibl The cOntr￿t may provide for repayments of ihe principal or the return to the holder Ibul not bothl to be ￿llked to single relamni obseNabie Index of general price inflation of the currency in wh￿h the debt instrumenl is denorninaled prowded S￿h links are noi leveraged. It) The Contract may prowde for a deierminable variatK>n of the return to the holder during the life ol the instrurneni provided that lil the new rate satislies condition lal and the varlation Is not eonbngenton future events otherthan111 thange of a coniTaClual variable raie.'12J to proiect the holder3gain5t credit detenoration of the Issuer.'131 change5 in levie5 applied by 8 ¢entral bank orarising from change5 in relevant taxation o)r law. or Iiil the new rate Is a market rate of Interest and satisfies ¢onéltion lal, Idl There is no contractual provision thèi could. by its teims. result In the holder105ing Ihe prlnclp31 amount or any interest artribut3ble to the period or prior penods. lel Contractual No￿510n5 thai permll the issuer 10 prepay debt instrument or permil the holder to put it back to the issuer before maturity are not contingent on lutu event5, Other than to prolect thp holder against the credit deterioration ol ihe issuer ora change In control of the issuer. or 10 prolecl the holder or i$5ueragainst changes in levies applied by a central bank or arislng from changes in rel￿ant taxalion or law. 8orrowln9S IntereSt-b￿ring borrowing5 are initwlly recorded at fair value, ner of transaction costs. Inlerest-beanry bor￿wIngS are subsequently carrled al amortised cost. with the diNerence between the proceeds, net 0ftransact￿n costs. ar￿ the mount due on redemption being recognised as a charge to Ihe Ststement of FinanC￿lAC11¥1tle5 over the p#iod ol the relevant borrowing. Inieresl expense is recognisens mty peTmlt the extension ol the lerrn ol Ihe debt insirumenL provlLled that the reiurn to the holder and any other contraclual provisk)ns applrable during Ihe extended term sali5ty the conditions of paragraphs lal to Icl. Debl in511uments that are cla5sifled as ptyèble or recefvable within one year on initial recogniiion and which meet the 8bove condliions are measured at the und15cwnted amouni of the cash or other consideraiion expected lo be paid or received, nei ol impalrment. With the exceptlon of some hedglng in5tTument& olher debt instruments not Fneeting these conditions are rneJswed at lair value Ihrough proh't or1055. Commllmenis to make and receNe loans which meet the condrtlons mentKwed 8bove are measured at C05t (which may bE nill less Impairment. Ail Nnanciala55ets and liaknUiie5 are Iniiially measured at transaction price Ilncludlng transactlon c051sl, except lor those financi81 èssels clas51hed as ai lair value through prolil or loss. which are Inillally measured ai lair value Iwhich is norynally Ihe transaction price Excluding Iransactitrn cosisl. unless the arrangernent con5Ututes a linanclng tr8nsactlon. If an arrangernenl constitutes a flnancing transaction. the fi-nancial asset or financlal Ilabiuty is measured al the present value ol the Iuiure payments discounted at a market rale ol Interest for a 51mikr debt Instrument. Financrol agseis and liabilitles are only offsei In Ihe statement ol hnancial p051tion when, and only when there ex15tS le9ally enforceable rlght to sei off the recognised arnount5 and the cha￿ty intends ellher to selfie on a net basis. ￿ lo reaknse the a5setand setue the Lia￿Lity slmuiianeously. Financi31 a5se15 are derpcryjnised when and only when 31 the contractual rights to the cash fl￿ from the Nnèncl81 asset expre or are settled. bl the charity transfers lo another party substantially all of the rlsks and rewards ol ownership of ¢he hnancial a55eL or cl the charity. despite having retained me. but not aiL 5ignificani ri5k5 and rewards of ownership. has Iranslerred control of the asset toanother party. Invertments Investment5 In non-converlible prelerence 5hare5 and non- puttable ordlnary or preference 5hare5 (where 5harÈs are publKly traded c>r their fair value is reliably measurable) are mÈasured ai fair value ihrough profil or loss. Where lair value cannot be m@3sured reliably. investments are measured at Cost less Impairment. Investments in 5ub5idiarie5 and a￿¢xiatE5 afE measured atcost less impairment. For invesimenis In subsidraries acquired for consideration Iniluding the issue of share5 qualifying for Tnerger relief. cost is MeasU￿d by reference to the nCKninal value of rhe shares Issued plus falrvalue of other consideralion. Any premium 15 ignored Financial Liabl￿'tIeS are derecognised onlywhen the obligation speclfied in the contract is discharged. cancelled or expires Debt instruments which meei the following condit￿nS are subsequently measured ai amortbsed cost using the effective Interest method. 45 3. In¢•mt from dpnotlohi and iegaci•i Unrestrlcted Funds General Restricted Funds Total 2024 Donations PAFC Ladies donations Appea15 and donations Yelverton Golf Club St Austell Brewery Other donations 80.520 80.520 50.000 6,500 3,500 44,486 50,000 6,500 3,500 44.486 Grant5 EFL Trust.. Core funding Youth Investment Fund - Brickfields Community Ownership Fund Household Suppori Grant Garfield Weston Grant 34.637 34.637 1.071,794 LOOO,000 2,720 50,000 1,07L794 1,000,000 2,720 so,000 169.643 2,174.514 2.344.157 Unr•strl¢t•d Funds General Restrlct¢d Funds Totsl 2023 Don•tlons PAFC Ladies donations Other donation5 32,227 29,025 32,227 29,025 Grants EFI. Trust.. Core funding EFL Trust., FIT Fans & Joy of Moving (previously Kinder & Sport Move and Learn) EFL Trust,. Kickstart Youth Investment Fund Brickft'elds Employment related grants Other gran15 35.000 35.000 55,482 55.482 34,570 34,570 94,500 24,247 13.160 94,500 24,247 500 12,660 143.482 174,729 318,211 46 4. Income from Charitable xtnhtles Unreslricted Funds General Restrict¢d Funds Total 2024 National Citizen Service Premier League Primary Stsrs Premier League Kicks 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 1,937,986 Armed Forces Covenant Fund Trust Street Games UK Marjon foundation degree Safer Streets Education services Apprenticeship programme Fit & Fed Ancilliary trading Premier League Fans Fund Sport England Clolhworker's Foundation Premier League Fan5 Referral Pilot Fund National Lollery Community Allotment - National Grid Miscellaneous income 43.755 43.755 loo.000 115.000 20,000 59,180 76,958 24,500 1.000 35,000 1,937,986 500 7,200 65,000 25.000 1.045.937 385,067 293.289 92,299 25,000 9,500 50,000 15.000 47.427 4,500 18,089 loo.000 115,000 20,000 59,180 76,958 24,500 1,000 35.000 500 7.200 65.000 25.000 1,045.937 385,067 293.289 92,299 25,000 9,500 50.000 15,000 47,427 4.500 5,999 12,090 3,895.423 60L764 4,497.187 Unrestrlcted Fund5 General Restrlcted Funds Total 2025 National Citizen Service Premier League Primary Stars Premier League Kicks Premier League Kicks Targeted Premier League Core Rank Foundation 119.793 119,793 116,666 134.089 13.620 29.916 86.379 116,666 134,089 13.620 29.916 86,379 47 4. Income from charitsbl•4ctivblles Icontlnu•dl Unrestricted Funds General Restrlcled Fund$ Total 2023 The Football Foundation The FA Emerging Talent Children in Need Premier League Inspires Football and health related course5 and aclivities 1,128,990 Armed Forces Covenant Fund Trust Street Games UK Marjon foundation degree Safer Streets Education Se￿iceS Apprenticeship programme Fit & Fed PAFC Ladies earned income Ancilliary trading Disability programmes Miscellaneous income 158.910 20,000 11,171 35,000 158.910 20,000 11,171 35,000 L128,990 IL250 39,650 65.000 75,000 1,090,101 282,976 238,909 25,634 130.844 3.500 55,563 11,250 39,650 65.000 75,000 1.090.101 282,976 238,909 25,634 130,844 3.500 40,938 14,625 3,156,601 716,360 3,872,961 5. In¢om• fiom othertr•dln9 •ctIv￿ Unrestrlct•d Funds General Total 2024 Facilities management fee Sponsorships Hire of function rooms Other trading income 10,000 204,671 14.987 149.061 10.000 204.671 14,987 149.061 378.719 378,719 Unrestrlcted Funds Genernl Total 2023 Facilities management fee Sponsorships Hire of function rooms Other trading income 10,000 56,629 92,404 24,200 10.000 56.629 92,404 24,200 183.233 183.233 48 & Inve#m¢nt In¢ome Unrestricted Funds General Total 2024 Bank interest recelvable 44,032 44.032 44,032 44.032 Unrestrlcted Fund5 General Total 2023 Bank interest receivable 7,024 7.024 7,024 7,024 7. Other In¢om• Unrestrlcted Funds 2024 2023 Insurance claim on loss of a55ets 5,880 5.880 8. Exp•ndltur• on ¢h41￿ble actfvltl•s by lund typ• Unrestrlctèd Funds General Restrlcted funds Total 2024 Note Charitable activities Support costs 3,415.540 522,559 476.140 322.818 3,891,680 845,377 io 3.938.099 798.958 4.737.057 Unrestrlcted Funds General Restrlcted funds Total 2023 Note Charitable activities Support costs 2.638.836 636.711 605,813 187,283 3,244.649 823,994 io 3.275.547 793,096 4.068,643 49 9. ExPendItu￿ on ¢h•rft4lA* xtivities tyfund ty Unrestricted Funds Restrlcted Funds Total 2024 Wages and coaching fees Social security costs Pension costs Hire of halls and pitche5 Footballs. sports wear. gifts and prlzes Football tours. games and trips Training and qualifi'cations Motor and travel expenses Lunches and refieshmenls Tickets 2,374.132 172.207 54,615 297,597 138,506 26.248 68.276 135,255 110.715 37.989 272,875 36,315 9.111 46.670 54,289 5.329 6,439 26,876 18,236 2,647.007 208.522 63,726 344.267 192,795 31.577 74,715 162,131 128.951 37.989 3,415,540 476.140 3,891,680 Unrestrlcted Funds Restrlcted Funds Total 2023 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 Tralning and qualifications Motor and travel expenses Lunches and refreshments Tickets 1.684.171 154,398 47.879 254,385 106,574 33,693 61.969 137.728 144,309 13,730 430.679 32,560 7,988 39,893 43,598 6,840 5,843 27,642 10,770 2.114.850 186.958 55.867 294,278 150,172 40,533 67.812 165.370 IS5,079 13,730 2,638,836 605,813 3,244,649 50 10. Analysls ofgovemance and support costs Analysi5 of support cost5 Unrestricted Funds Restricted Funds Total 2024 Total 2023 Administration wages Telephone Postage and stationery Advert15ing and marketing Computer expense5 and support 18,984 Repairs, renewals 21.805 and refurbishments Registration and affiliation fees Sundries Depreciation Rent and rates Legal and professional lees Bank and credit card charges DBS and safeguarding Bad debts Light and heat Insurance Irrecoverable VAT Staff Trainlng Travelling Staff Welfare 179.640 6.958 23,520 52.067 1.429 1,505 35.302 231.707 8,587 25,025 35,302 18,984 27,305 316,142 8,112 8,728 35,366 19.856 36.273 5.500 5L864 51,864 13,205 55.382 32,747 109,696 28,960 2,621 7,034 82,371 19,176 70,609 3.274 6,677 700 54,894 7.210 66.001 2,004 130,369 33.931 5.375 13,205 3.105 32.747 29,968 28,960 L601 52.277 79,728 1,020 7,034 82,371 9,086 70,609 13,693 1,834 76.400 10,090 3.274 6,677 700 522,559 308.467 831.026 816.188 Governance costs Trustees insurance Audltors remunerallon Admin and safeguarding 1.391 6,415 8.200 6,151 8,200 6,151 Total expenditure 522,559 322.818 845,377 823,994 11. N•t Incomlngloutgolng resources Net incomlng resources for the year include,. 2024 2023 Depreciation of fixed assets 55.384 66,001 51 12. Th151ew remuneratlon and expen5e5 During the year the charity made ihe following transactions Wlth trustees-. Mr R T Ramsey £99612023.. £NiO of expenses were reimbursed to Mr R T Ramsey during the year. IS. Stsfl ¢¢sts The aggregate payroll costs were as follows.. 2024 2023 Staff costs durlng the year were: Wages and salaries Social security costs Pension costs 2,878,714 208,522 63,726 2.430,992 186,958 55,867 3,150.962 2.673.817 The average head count of employees during the year was 17812023.. 167). The number of employee5 whose emoluments fell within the following bands was.. 2024 No. 2023 £70,001- E80.000 £80,001- £90,000 14. Audltorn, r•mun•r•tlon 2024 2023 Audit of the financial staternenls 8,200 6,850 IS. T•¥•tlon The charity is a reglstered charlty and is therefore exempt from taxation. 52 l& Tingibietixed i55ets Lon9 leasehold prop¢rty Flxtur•s nd ttlng$ Assèts under construction Total Motor v•hlcies Computer equ5pmenl Cost At l July 2023 Additions Oisposals 191.840 186,283 25.635 29,887 23.040 112.5401 16D.020 32.150 155.866 723,896 2,319,275 2,400,100 112,5401 AI 30 Jun 2024 191,840 211,918 40,387 192,170 2,475,141 3,111,456 Depreclatlon At l July 2023 40.395 Charge for the year 7.674 Eliminated on disposa15 131.847 21.458 29,337 6,310 112,5401 134,217 19,942 335,796 55.384 112,S401 At 30 Jun 2024 48.069 153.305 23,107 154,159 378.640 Net book value At 30 June 2024 143.771 58,613 17,280 38,011 2,475.141 2.732.816 At 30 June 2023 151,445 54,436 550 25,803 155,866 388,100 17. Debtors 2024 2023 Trade debtors Prepayments Accrued income VAT recoverable 334,531 47,726 110,990 51,881 253.016 47.765 116,045 2,367 545,128 419.193 18. Cash and ￿$h •qulval•nts 2024 2023 Cash at bank 2,440,251 2,280,246 19. Credltoys.. amountstaulng due wllhln on• year 2024 2023 Trade creditors Other taxation and social security Other creditors Accruals Deferred Income 243.214 50.923 24.214 43.959 114,427 152,724 48,203 22,500 26,977 100.215 476,737 350,619 53 20. Cr¢dltQT& amounts falllng duq after one yoar 2024 2025 Other C￿dItorS 3,750 26,250 21. Deffered Income 2024 2023 Deferred income al l July 2023 Amounts released from previous periods Resources deferred in the period 100,215 1100.2151 114,427 159,060 1159,0601 100,215 Deferred income at year end 114,427 100,215 Deferred income relates princlpally to amounts received in respect of summer holiday activity programmes for children deliverable after the end of the fi'nancial year. 22, ObUg4tlons und•r I•1*￿ •nd hlr• purch•M ¢ontracti Operatlng lease commltments Total future mlnSmum lease payments undei non-cancellable operating leases are as follows.. 2024 2023 Other Within one year Between one and five years 11,933 13.336 11,232 3.042 25,269 14,274 23. P4nslon and oth•r ￿h•M•S Deflned contrlbutlon plans The charity operates a defined contribution pension scheme, The pension cost charge for the year repre5en15 contributions payable by the charity to the scheme and amounted to £63,72712023 - £55,867.) 24. Funds At l July 2023 Incoming Resources resources expended Transfers At 30 June 2024 Unrestricted lunds General General Funds Facility funds 1,380.397 4.487,817 13,938,0991 1161,4701 1.000.000 1,768,645 1.000.000 2.380.397 4.487,817 13.938.099) 1161.4701 2.768,645 Designated Manadon Sink Fund 125,000 125,000 Total unrestricted fund5 2,380,397 4,487.817 13,938,099) 136,4701 2,893,64S 54 24. Funds l¢ontlnuedl Restrlcted lunds Premier League 4 Sport Premier League Kicks Prernier League Continuous Improvement Premier League Primary Stars EFL Trust infrastructure grant Table tennis Big Lottery - Family Health FIT Fans EFL Trust Extra Time EFL Trust Innovation Fund Armed Forces Covenant Fund Children in Need Street Games Loneliness Fund Active Through Football Migrant Fund Football Foundation Playzone Household Support Grant Community Led Local Development EFL - Every player counts Workplace travel grant Brickfields Ipre-constructionl PL In5pire5 Rank.. FIT Safer Streels Premier League Fan Referral Pilot Sports England National Lottery - Million Hours Fund (Positive Youth Plymoulhl National Lollery - Food Club Community Allotment - National Grid FA Para Football Talent Hub Premier League Fans Fund Clothworkers, Foundation Rank Foundation E Shepherd The FA Emerging Talent Bernard Sunley Garfi"eld Weston 4,888 57.471 2,574 4,888 22.022 115.000 1150.4491 12,5741 loo,000 1116,3841 12.0851 16.384 2,085 4,071 4,361 21,747 9.625 4,167 7,362 4,071 4,361 122.1371 19,6251 390 4,167 500 1.000 7.200 6,000 58,744 18.2401 11,0001 115.5091 93 121.4551 17 1143.9231 7.339 18,2261 121,7791 112,2471 11891 378 8,216 15,438 77,840 9,160 934 18.214 2.720 3.565 57 9.470 189 4,935 1.431 413 9.154 25,126 50,550 16,8411 11,4311 1,906 2,071,794 35,000 29,805 25.000 15,000 9,500 22,971 2,072,207 12.235 21,838 131,9191 133,0931 175.6391 112,6931 13,7691 14,3221 89 2,307 5,731 18,649 24,455 4,500 124,4431 17211 12 3,779 4,500 25,000 50.000 29,375 20,000 50.000 50,000 14,5051 127,6081 2.608 50.000 16,862 112,5131 123.6391 3,639 50,000 50,000 330.273 2,776,278 1798.9581 36.470 2.344.063 Total fund5 2.710.670 7,264.095 14.737,0571 5.237.708 55 24. Funds Icorttlnuedl At l July 2022 Incomlng Resource5 resources expended Transfers At 30 June 2023 Unrestricted funds General General Funds Facility funds 1,202,384 3,496,220 13,275,547) 142.6601 1.000,000 1.380.397 LOOO.000 2,202.384 3,496,220 13,275,547) 142.6601 2.380,397 Restrlcted funds Premier League 4 Sport Premier League Kicks Premier League Continuous Improvement Premier League Primary Stars EFL Trust infrastructure grant Table tennis Big Lottery - Family Health FIT Fans EFL Trust Extra Time EFL TTUSt Innovation Fund Rank Foundation Armed Forces Covenant Fund Children in Need Street Games National Lottery Loneliness Fund Active Through Football Migrant Fund Football Foundation Playzone Household Support Grant Rank.. Time 2 Shine Rank., Loneliness 5,475 Arnold Clark 571 CommLJnity Led Local Development 1,124 COMF - Cornwall Council 332 Football Foundation playing pitch SWMAS EFL - Every player counts Workplace travel grant Bricklields Ipre-constructionl Sported - Project 34 PL Inspires Rank.. FIT Safer Streets FA Emerging Talent 4.888 43,424 2,574 4.888 57,471 2,574 147,710 1133,6631 116,666 1132.7431 16,077 2,085 4.071 4,361 3,291 9,625 4,167 2,229 2,085 4.071 4.361 21,747 9.625 4,167 51.482 133,0261 12,2291 IL250 IL171 39.650 13,8881 114.8071 136.3111 7.362 276 4,877 120 1,678 80,214 14.238 3.360 8,216 11201 47,038 128,614 133,2781 1130,9881 15,0781 128.4461 19,5001 19,6271 15.4751 11,6501 18,3051 15,438 77.840 9,160 28,446 18,970 9,536 9,470 91 1,079 7,370 189 13321 1,907 1.850 2,455 8.800 5,276 94.500 500 35,000 29,80S 75,000 20,000 13,7571 12,4551 13.8651 13,8451 194.0871 15001 125,8461 14,6791 124.4501 142,8271 4,935 1.431 413 9,154 25,126 50,550 22,827 189,620 891.089 1793,0961 42.660 330.273 Total funds 2,392,004 4,387,309 14,068.6431 2.710.670 A key focus for the Trust Is lo engage in insplrational lacillty developrneni to provlde safe and Incluslve communliy spaces. A designated Facility Fund has been e5tabli5hed to further th15 airn and the Trustees are hopeful that the latest pian for development. currenlly in consliuction. 56 Purpose ol rtMiIE¢ed funds Pr•mior Leayue4 Sport.. Funding to encourage more young people into swrt. Rank Foundation C¢)vid-19 Response.. A bespoke fLJnd designed 10 SUPPOrt families who had been sevèrely affected by the pandemic and were left in food r>r network poverty. Premltr Ltsgut Klcks.. A project with the airn of using footbau to bring OTnmUnities together and engage with young people. It Involves fotstball and other sports sessions and the encouragement of volunteering. Armed Forct5 Covenart Fund.. The Veterans Wellbeing Hub5 5UPPOrted 38 veleran5 improving their mental health. physical wellbeing and community connectivity. The projecl Included a 5Ulte of sporis sessions. walking groups. veterans cale'5 allLI food Ihemed workshops. Premler League ContinuouB Improvement: This rep￿sentS lunding Irom the Premier League Charitable Fund to Support areas or aspect5 of the Tiust which have been identihed as noedlng additlonal 5UPPOrt and Inveslment. Chlidren In N•ed.. A fund tc> provide children with disabilities access lo free provision Wlih adapted equipmeni Iheieby reLtucing barrlers to particlpation. Premler Leigw Pdm4ry sta￿.. Funding for a programrne which u5e$ the appeal of the Premier League and professlonal football clubs to Insplre prirnary 5chotsl children to learn. be a¢tlve an(J develop Imporlanl life 5klll$. Back to Bowls.. Provislc>n of turn up and play bowls sessions to encourage people to play the game after the lockdowns. EFL Truit Infr•stN¢lur* gr•nt'. Granl funding for equipfflent to •$SlSl Ihe Trust in delivering Its aiws It IS Used principally in conneetion wilh the Manadon Sport5 Hub development, Stieel G•mes'. Eslale-base¢ mullS-swit piovislons lor young people whts hove been relerrÈd by an exrernal organisation 10 the policè. and then 9uided into our delivery as a mechanism of Ilte Improvement. Wembley Natlonil Stidlum Trust.. Funding to enable the dellvery ol a wSde range ol d15ablllty provlsion. Njllonal Lott•ry Covld-19 Respon￿.. Used 10 tackle ihe Impact ol ihe coronavlrus. T•ble Tennls.. Th• Plymouth Argyl•Tralnlng & D•v•iopM•lIt Trust lor A Sporl England funded Inltiat￿e. usin9 table lennls as a Young People.. means of Intrtsduclng a sporting habli for Ilfe. whllst raislng These lunds are Ihose of a separate linked charitywhich, a5pirallons IhroL4gh 5pori. unL#er the provisions of Ihe Charilies Act 201L are abk io be treate¢ as formlng part of the funds of the Trust lor reporting purposes only. They are requI￿d 10 be u11115ed in accordance with the linked charitys own Irusts and these corfespond closely with those of the Trust relating to young persons. Blg Lott•ry- F•rnlly H•ilth.. Big Lottery funding to support the runnlng of dementia café. FIT Fans: Lon¢lln¢ss Fund: Funding for a free health programrne lor men anLI wornen A project lo reduce sociol i501ation durlng the pandemic aged 35 - 65 who are looklng l0105e welght. gel Ntier and throu9h phone calls. garden gate vlslts, online 9rc>ups and lead a more actNe life. Mental health project5.. food and rnedicalion dellveries. EFT Trust- Extra Tlme: A project designed to engage retired and semi-retired people and ultimately aSmed at combatting loneline55 and inactiwty. Actlv• Through Foothu.. A project which airn5 lo increase aclivily levels amongst inactive adults aged between 30 and SD years of age. Mlgrant Fund.. The central migrant fund is a project funded by MHCLG and its sole purpose 15 to support a Network of organisallons trying to use evenls and prograrnme5 lo Improve levels of social harrnony In four key highlighted wards of Plymoulh. ÉFL Trust- Innovatlon Fund: Funding used for the delivery of the Prison Programme- Alternative Llves prolect. Premler Le*gue Cote Fund.. Funding 10 assist Ihe Trust's general costs. and speclNcally applied against 51aff costs. Football Foundation- Playzone Community engagement grani to undertake local research across Cornwall and Plymoulh In respect of new ¢apital Inve5ttnent opportunities. Green SpElal Pr•¥ulblng Fund.. Workin9 with a variety ol partners its deliver physit81 activity. arts and naiure base¢ activities in Central Park with the aim ol getting those most impacted by the pandemic back into the comrnuriity. Household Support Grant.. A fund to prDvide sUPPOrt for famllies living with low in¢omesllong-ierrn unemployment struggling with wlth increased bllls and caring for family members. 57 Rank: Tlme 2 Shlne: A programme designed lo address organisational development needs within a social enterprise or charity and to enable a leacjer with the right 5ki115 lalent and work ethic to experience a 12 month full-time paid position within a supportive work environment. PL Inspires.. Premier League Inspire5 empowers participant5 to develop per50na.' Social, employabiliiy and life skills. through a sertes of regular face-to-lace group sessions. rnentoring. workshops and social action projects, PToviding pupils wilh ihe help they need now and supporting thern to pian for their future. Rank.. Lon￿In•S5.. A project aiming to reduce Social isolation by engaging those identifi'ed as being most irnpacled by this issue and being furthest away from 8ccessing a healthy and active Rank- FIT.. A weight management programme designed lo achieve long ierm improvernenls in weight Ios5. incre3sed physical activity, dlet, and psychological wellbeing through workshop5 and physKal activity sessions. ComThwnlty Led Local De¥•lopment'. A'sport Works. project to engage and support 26 unemployed adults or adults whose employment has been threatened by the impact of COVID-L9 from identiffed Core and lun¢110nal largel area5. fer Sireets: Support for coniinued one to one mentonng of youn9 people wl)ts are at risk of exploitation and development tsf exploilalion woth through the Kick5 Town model. EFL Trust Bwin•ss D•v•lopm•nl GTin¢'. FA Emerylnq TaL•nt'. Fundlng for developmenl ol the charity and used to Funding provlded to allow 9reater acces5ibiliiy to Ihe provide professional advice on VAT regi5tratloN and for the player pathway and more inclusivity tor female player5 to provision of additlonal premise5 space. enhance player development. Flns Fund for Matchthy.. Football Foundation fundlng to supput the return of supporters on matchday5 tollowing the relaxation of Covid-19 reslricllons. Communlty Owner5hlp Fund ICOFI.. Government lundln9 to take owner5hlp of assets that are ai risk ol loss In the community. Youth Inv•stment Fund IYIFI.. Government funding 10 Improve the health and wellbelng of young people. li will equip young people wlth skills lor tl¢ and life. empowering them to be active rnembers of theit communliy and society as a whole. Cornwall Council. COMF.. The aim ol this projeci Is to support youn9 people and children aged 10 - 16 years wilh their menial wellbeing by enabling an Argyle Community Trusi Mental Wellbeing practitioner to work wlth schools In Cornwall. Bernard Sunl￿. Support wllh Brlckflelds Capiial development and en$U￿rn9 the slte provldes health and well-being tor partlclpani5, redu¢ing social is0￿11¢￿. helpin9 raise eElycatbn standards and a150 ensuring the site is iccessible lor all. Football Foundèllon- Playlng pltch: A grant to support the maintenance and Improvemeni of grass playlng pitches at Manadon. SWMAS: Flnancial support for the delivery of an EV charge polnt at Manadon. G•tfl•ld W•iton: Supporl wlth brlckfields C)pi¢81 developrnent ènd ensu￿￿9 the 51te provides health and well-being lor participanl5. reojucing 50cial i501aiion. hÈlplng raisè Èdu¢aiun 51anLlards and a150 ensuring the site Is ac£es5ible lor all. EFL- Every pi*ytrtount5'. EFLT grant to help rernove fi'nancial bairier5 lor attendance Fund Transfer5 Transfers to the general fund were made where the fund5 Sn question had been fully ulilised in prevbu5 years and Ihe appropriate support cos15 had noi been charged to Ihe fund. Transfers from the general fund were rnade lo variou5 ltsnds either where their had been an Dverspend on the actwity or an element was match funded from reserves. Workplac• tr•vel 9r•nt'. Flnanclal support lor the delivery off an EV charge polnt at Manadon. Brlcklleldi Ipre-¢onrtnJctlpnl: A grant to accelerate the proposed capital prograrnme to rneet RIBA siage 3. Sported- Project 34.. A IL4nd 10 provide free footb)11 sesslons for girts to Increase temale participation. 58 25. knatysls of nel asf•ts between lunds Unrestrictqd Fund5 General Restricted Funds At 30 Jun• 2024 Tangible fixed assets Current assets Current liabilities 658,178 2.689,359 1417,4221 2.074.638 296,019 163,0641 2.732.816 2,985,378 1480,4861 TotY41 net •u¢ts 2,930,115 2.307.593 5.237.708 Unrestrlcted Funds General Restrlcted Funds At 30 June 2023 Tangible fi'xed assets Current assets Current liabilities Creditors over l year 384.144 2.373.122 1350.6191 126,2501 3,956 326,317 388,100 2,699,439 1350,6191 126,2501 Totsl net assets 2,380,397 330,273 2,710,670 26. R•l•tqd p•rty Ir•hMctloM Mr J Morgan, Mr P Berne and Mr A Parkin50n were directors of Plymouth Argyle Football Club Limited I'PAFC'I throughout the year. During the year sales invoices totalling E132,32012023.. E126,2701 were raised by the Trust to PAFC, principally in respect of facilities hire, salary recharges and recharged project dellvery costs. Purchases of kil, equipment. tickets and other recharged amoun15 from PAFC totalled £243,635 12023.. E235,5651. A net balance of £26,48112023'. £23,926) was due frorn the Trust to PAFC at the year end in respect ol trading account balance5. 59 AA ARGYLE COMMUNITY £a TRUST fX@ ARGYLECOMMUNITYTRUST.CO.UK PI IMOUTH APGII F FOOTBAI I CI UR. HOMF PLYMOUTH. DEVON. PL2 300. REGISTERED CHARITY NUMBER 1128906.