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2025-06-30-accounts

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PLYMOUTH ARGYLE FOOTBALL IN THE COMMUNITY TRUST TRADING AS
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C O N S O L I D A T E D A C C O U N T S F I N A N C I A L R E P O R T 2 0 2 4 / 2 5

Annual Report and Financial Statements for the Year Ended 30 June 2025

STATEMENT

MARK LOVELL CHIEF EXECUTIVE OFFICER

Season 2024/2025 has been an incredible year for Argyle Community Trust, as we continue to serve those most in need, our commitment to Devon and Cornwall has never been stronger.

An exciting period of growth saw the new Hub at Foulston Park open its doors. This brandnew community space is already fulfilling its promise to be a beacon of sports, wellbeing, and community support, and is creating even more opportunities and inspiring even more people of all ages and abilities, in the heart of Devonport, and will for generations to come. We are

thankful to all our partners and we are meeting the real-world funders in making this opportunity needs of the people we proudly come to life. serve. Whether it’s supporting mental health, helping people into Our reach into communities work, supporting young people across Devon and Cornwall is a with autism, or walking alongside collective effort. It is driven by those facing cancer diagnosis, the support from dedicated partners Trust is, and always will be, there.

Our reach into communities across Devon and Cornwall is a collective effort. It is driven by support from dedicated partners and funders, our incredible staff who work tirelessly to support people regardless of age, gender, race, and socioeconomic status, the power of sport, and the brand of Plymouth Argyle.

We look to the future with excitement. We have built a structure and culture to ensure we are ready to tackle any of the challenges that lay ahead.

On behalf of everyone associated with Argyle Community Trust, thank you for being part of our journey and supporting our charity.

We don’t just aim to provide; we also aim to sustain. I am proud that we have grown our impact in crucial areas, using data to ensure

“WHETHER WE IT’S SUPPORTING MENTAL HEALTH, HELPING PEOPLE INTO WORK, SUPPORTING YOUNG PEOPLE WITH AUTISM, OR WALKING ALONGSIDE THOSE FACING CANCER DIAGNOSIS, THE TRUST IS, AND ALWAYS WILL BE, THERE”

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PLYMOUTH ARGYLE FOOTBALL IN THE COMMUNITY TRUST TRADING AS ARGYLE COMMUNITY TRUST

CONTENTS

4 TRUSTEES AND STRUCTURE

6 ACHIEVEMENTS AND PERFORMANCE

10 COMMUNITY PROGRAMMES

16 TACKLING POVERTY WITH PROJECT 35

18 HEALTH AND WELLBEING

22 SPORTS AND SCHOOL PROVISIONS 28 EDUCATION AND EMPLOYABILITY 36 FACILITIES

40 EVENTS AND CAMPAIGNS

42 COLLEAGUES AND ENGAGEMENT

44 FUTURE DIRECTION

46 FINANCIAL TABLES

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PLYMOUTH ARGYLE FOOTBALL IN THE COMMUNITY TRUST TRADING AS

REFERENCE AND ADMINISTRATIVE DETAILS

THE TRUSTEES

Mrs I C Vosper

Mr A Parkinson (resigned 19 September 2025) Mrs V H Howell Mr J P Morgan Mrs C L Beney Mr P G Steer (resigned 20 January 2025) Mr S Brownlow Mr J Evans Ms C A Dennerly Mr P M Berne Mr R T Ramsey (resigned 2 July 2025) Mr M A Lovegrove (appointed 18 September 2025)

Secretary

Mrs J Yorke

Charity Registration Number 1128906

Company Registration Number 06797988

The charity is incorporated in England and Wales.

Registered Office

Home Park Plymouth Devon PL2 3DQ

Auditor

Westcotts (SW) LLP Plym House 3 Longbridge Road Plymouth Marsh Mills Devon PL6 8LT

Structure, governance and management

Plymouth Argyle Football in the Community Trust was incorporated as a company limited by guarantee registration number 06797988 on 21 January 2009 and is registered with the Charity Commission under Charity Number 1128906. It is governed by its Articles of Association and operates

under the name “Argyle Community Trust”.

Organisational Structure

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

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

Recruitment and appointment of trustees

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

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

Risk Management

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

The Trust have identified risks that might prevent the Charity from achieving strategic priorities, with the objective of bringing each risk down to an acceptable level at which it can be managed and controlled. A regularly maintained, comprehensive risk register sets out responsibility within

the organisation for risk management, assigning risk managers and identifying measures that have been taken, or are yet to be taken, to mitigate each risk.

The principal risks identified during 2024/25 related to lack of diversification of funding streams, staff recruitment and retention and succession planning to reduce single points of failure. Creation of a new funding department, introduction of a restructure and new salary policy have been key drivers in reducing the risks identified.

Financial review

Net incoming funds from unrestricted sources for the year were £633,083 (2024: £549,718) which after a transfer of £44,218 (2024: £36,470) to restricted funds resulted in accumulated unrestricted funds of £3,482,510 (2024: £2,893,645) to be carried forward. When restricted funds are included, total funds at the year-end (excluding those of linked charity The Plymouth Argyle Training & Development Trust for Young People) were £8,003,100 (2024: £5,237,708).

Unrestricted general funds at the year-end (excluding the Facility Funds of £1,000,000 and the Manadon Sink Fund of £175,000) were £2,307,510 (2024: £1,768,645) and the trustees are satisfied that the current level of reserves held is in accordance with the reserves policy outlined below.

Reserves Policy

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

The level of reserves will be monitored throughout the year as part of the normal monitoring and budgetary reporting processes. In addition, financial reporting and analysis provides a financial control environment which assists the management of such reserves..

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PLYMOUTH ARGYLE FOOTBALL IN THE COMMUNITY TRUST TRADING AS ARGYLE COMMUNITY TRUST

In particular, Trustees will: by restricted income sources. prevention and detection of fraud ‘a re ~ ae CR This equates to a figure of £1.4m. “Ft ppm ee ae ze and other irregularities.. Pean ee ed ees ‘ wien —acntte : a ie a pe a — oe a = Se • identify when reserves — ' Unrestricted general funds are in ia r ja ee ath. ee Pai=— eelTY. a : ae ae | are drawn on so that they excess of this level. The Trustees Auditor understand the reasons and can have also prudently set aside a Each of the persons who is a trustee ia yale tebe Pe consider the corrective action, if any, that needs to be taken; ane ae ee fe. further £1,000,000 capital reserve fund for future use. | He ge a ool a sais at the date of approval of this report confirms that: re ee Sk i FP ye a SR a Niele pte ON ME eI Tea ake gn ye a Oe 4 icesee a i • eeeba Ss identify when reserve levels hu a ——TTe APetgae oa:a Trustees’ responsibilities statement afanece ci i’ ey?ooi * on F hongic:br i • Se so far as they are aware, there =ee ee olDg cedales aae | rise significantly above target The trustees, who are also directors is no relevant audit information a ts 5 Soe a ih a: ae a, 1 A ny Li) fees 4 ae ; —— - so that they understand the for the purposes of company law, of which the charity’s auditor is reasons and can consider the are responsible for preparing the unaware; and sot Seen a a — aie inne: ; +5: oe = rat i 4 te pail erat ih im,a me Pa posr| corrective action, if any, that trustees’ report and the financial needs to be taken; statements in accordance with • they have taken all steps that applicable law and United Kingdom they ought to have taken as je • identify where the reserves ‘ ae eam - aa Accounting Standards (United Eats oa nie ee mm ae oe a trustee to make themselves Bad i ps es. 5 level is below target, consider Kingdom Generally Accepted aware of any relevant audit whether this is due to shortAccounting Practice). information and to establish term circumstance or longer that the charity’s auditor is =) ee tee pe Ped, ne ee gay = f aoe oF iF term reasons which might | =a hie a ne es a Company law requires the charity =. pe Es L = Ee ee Ae i = aware of that information. 5 i, = és =e — id - trigger a broader review of trustees to prepare financial finances and reserves; statements for each year which give Small company provisions a true and fair view of the state of This report has been prepared in # • Caaf regard the ongoing review of i a oF Ce Seta affairs of the charitable company _— — So a accordance with the provisions i - roe = | the reserves level, target and and the incoming resources and applicable to companies entitled to policy as part of managing the application of resources, including the small companies exemption. charity; the income and expenditure, for The trustees’ annual report that period.

This report has been prepared in a i - roe accordance with the provisions applicable to companies entitled to the small companies exemption. The trustees’ annual report (incorporating the directors’ report) was approved by the trustees of the ea charity on 15th December 2025 and a Mt | ae . et ae signed on its behalf by: + a ee =P

a ee “ae ; Mr M A Lovegrove = —— / i, = | j • observe the methods and Trustee principles in the applicable Charities SORP;

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

— • +. any future capital works to F. -- i The trustees are responsible for ty Po a the requirements of the Trust keeping adequate accounting where grant funding may not records that are sufficient to : Mh = be available. ie 7 j 5 ji hy show and explain the charity’s i wt ’ — — transactions and disclose with The target minimum level of reasonable accuracy at any time reserves has been set as 6 months’ the financial position of the charity ne worth of staffing costs and future : i a SUM TT and enable them to ensure that the ihe, 1 UE “ofa committed expenditure, based upon ark « , > Fee financial statements comply with SS ‘= j - latest forecasts and budgets (or the the Companies Act 2006. They are most recent 6 months of financial 5 — eee =3] also responsible for safeguarding ae ae J reports, where not available), where the assets of the charity and hence this expenditure is not to be met for taking reasonable steps for the a al Geer 5 7 =< pyes

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% PLYMOUTH ARGYLE FOOTBALL IN THE COMMUNITY TRUST TRADING AS ARGYLE COMMUNITY TRUST ‘, je 1g ns = ce s . 5 .

ACHIEVEMENTS AND PERFORMANCE

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

Strategic update

During the reporting period, our work continued to align with our core charitable purpose: to remove barriers to participation in sport and physical activity, with particular focus on underserved and isolated communities, underrepresented groups, and individuals assessed as being at risk. Our ethos remains: “Our Club is committed to our community.”

Although our previous organisational strategy concluded in 2024, its priorities continued to guide delivery across 2025 while we undertook a strategic review and development process. Throughout this period, our mission remained to make a positive and sustainable difference to communities across Devon and Cornwall.

Our activities during the year were structured around five strategic aims:

Empower people to

overcome inequalities and raise aspirations by providing opportunities and accredited attainment.

Promote physical

participation and wellbeing by encouraging healthier lifestyles and removing barriers to participation.

Inspire supporters to engage with community outreach programmes.

Improve our systems and structures to provide quality, efficient services that are value for money by supplying staff and communities with comprehensive and ongoing innovative leadership and support.

Understanding and measuring impact of our programmes on the community.

Our charitable work leverages the profile and reach of Plymouth Argyle Football Club to inspire, engage, and support people of all ages, genders, backgrounds, and socioeconomic circumstances. Our vision remained to provide inclusive opportunities that inspire and empower individuals and communities through sport and related activities .

Recognition and impact

During the year, our

commitment to supporting those most in need received national recognition. Our Children Affected by Parental Imprisonment (CAPI) programme was shortlisted for Best Community Project of the Year at the Football Business Awards and went on to win Community Project of the Year at the EFL Awards. These honours highlight the significant and positive impact our work continues to have on young people across Devon and Cornwall.

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KEY ACTIVITIES OF THE TRUST

During the 2024/2025 season, we supported 101,218 local people, ranging in age from 4 months to 100 years. Across the year, we delivered 1,049,688 contact hours through more than 50 sessions each week, all designed to meet local need.

We remain committed to tackling inequality: 52% of our participants live in the region’s most deprived neighbourhoods, demonstrating our focus on providing impactful support to those who need it most.

As we continue to create opportunities for all, we are proud that 39% of our participants identified as female, an increase from 35% the previous season. This reflects our ongoing commitment to equality, and we are proud to support people living in the most deprived communities throughout their journey.

Our provisions are built around our five strategic pillars and, where appropriate, offer accredited qualifications, health benefits, and

opportunities that promote positive, lifelong behaviour change. This includes ongoing facility development to enhance our delivery.

Between July 2024 and June 2025, our income totalled £8,029,941, enabling us to deliver a wide range of programmes across Devon and Cornwall, covering the following themes:

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SPORTS AND
COMMUNITY HEALTH AND
SCHOOL
PROGRAMMES WELLBEING
PROVISIONS
SPORTS AND
INCLUSIVE EDUCATION AND
SCHOOL
PROGRAMMES EMPLOYABILITY
PARTICIPATION
EVENTS AND
FACILITIES
CAMPAIGNS
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PLYMOUTH ARGYLE FOOTBALL IN THE COMMUNITY TRUST TRADING AS ARGYLE COMMUNITY TRUST

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COMMUNITY PROGRAMMES

Empowering local young people through community engagement

Through the power of football, we aim to support those most in need by delivering programmes such as Premier League Kicks, Premier League Inspires, and other initiatives including OPCC and the Million Hours Fund. Across these programmes, we offer free football and sport sessions alongside educational workshops covering criminality, careers, discrimination, mental health, and sexuality. These activities are designed to promote both physical and social development and provide

mentoring opportunities. Supported by Premier League Kicks funding, our work focuses on raising aspirations and reducing crime and antisocial behaviour within highpriority communities.

Complementing this, our Premier League Inspires programme supports

11-18-year-olds who may be struggling with confidence, motivation, wellbeing, or engagement in education. Delivered in schools and community settings, the programme offers mentoring, workshops, and social action projects that help young people build resilience, develop key life skills, set positive goals, and feel more motivated, confident, and capable of achieving their potential.

In partnership with YMCA Plymouth and Plymouth Youth Service, and with support from the National Lottery Million Hours Fund, we engaged at-risk young people in Honicknowle through sustained support and structured physical activities. Through regular sessions, targeted mentoring, and themed workshops, participants developed confidence, improved their life skills, and gained access to positive pathways. They also built strong, trusting relationships with adults and local partners, including the police and youth services.

Sports Leaders Programme

This year, we launched our Sports Leaders Programme to further support Year 11 students within our Premier League Inspires pathway and help prepare them for their future. The programme is a practical training course designed to develop leadership skills through sport. Aimed at young people aged 12–18, it teaches

participants how to plan and deliver safe, fun, and inclusive physical activity sessions.

The course focuses on key skills such as communication, teamwork, confidencebuilding, and the fundamentals of coaching. Learners take part in practical activities and are often required to complete volunteering or leadership

hours to reinforce their development.

Upon completion, participants receive a recognised leadership certificate, supporting future opportunities in coaching, teaching, and community sport.

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Safer Communities

We have supported young people to:

Youth Zone

We proudly launched our Youth Zone, providing vital open-access opportunities that empower local young people. Our staff deliver diversionary activities, particularly during periods of heightened anti-social behaviour and crime. Through Premier League Kicks, we offer free football sessions, mentoring, and educational workshops covering criminality, employment, racism, sexism, health, and sexuality. Our mission is to raise aspirations and build safer communities by reducing crime and anti-

social behaviour in areas of greatest need.

We also provide vital oneto-one mentoring for young people who have experienced childhood trauma. This focused support helps protect those vulnerable to exploitation or involvement in crime.

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Project Focus: ACTing with Children

Supporting young people in Cornwall with a parent in prison.

ACTing with Children

earned us the Championship Community Project of the Season at the EFL Awards — a national recognition of our commitment to transforming the lives of vulnerable young people. This vital programme supports children and young people in Cornwall who have a parent in prison, addressing the well-documented adverse effects such as mental illhealth, trauma, low academic achievement, anti-social behaviour, and increased risk of involvement with the criminal justice system.

Delivered in partnership with the Police and Crime

Commissioner, Chief

Constable, and Safer Cornwall, the programme takes a child-centred approach, providing targeted one-to-one interventions and wraparound support that meets each young person’s social, physical, mental, and emotional needs.

Impact

• Three-fold increase in visits to imprisoned parents (a key factor in reducing parental reoffending)

LM: A Journey of Transformation

When LM joined our programme, he was attending school only two days a week. His volatile behaviour and difficulties regulating his emotions were causing significant concern both at home and in school. With low self-esteem, poor attendance, and a deep distrust of authority, his academic future felt increasingly uncertain.

Over the past 14 months, LM has made exceptional progress. He has returned to full-time education, reengaged with learning, and completed his GCSEs — achievements that once felt

far beyond reach. Through consistent, supportive mentoring, he has grown in confidence, developed emotional stability, and found a renewed sense of direction. We are incredibly proud that his hard work has led to him being accepted onto a construction course.

LM’s mum shared:

“There has been a noticeable calming change at home with communication and attitude, with me and his siblings. We have seen a steady improvement since starting the programme, and his attendance

at school has increased. LM and I would like to thank Wayne for the hard work he has put in.”

LM reflected:

“I now understand how actions and consequences affect my day. I was confrontational before working with Wayne, but he’s helped me understand situations and how to manage the feelings I have during these situations. I didn’t think I would be stood here, having just sat my exams, before I started with him.”

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Project 35

Through Project 35 — our award-winning social impact initiative delivered in partnership with Ginsters — we support local people experiencing poverty, social isolation, and loneliness. The project aims to relieve the immediate pressures of poverty while empowering individuals with the knowledge and confidence to exit it sustainably.

Through Project 35 — our award-winning social impact initiative delivered in partnership with Ginsters — we support local people experiencing poverty, social isolation, and loneliness. The project aims to relieve the immediate pressures of poverty while empowering individuals with the knowledge and confidence to exit it sustainably.

This year, we celebrated three years of Project 35 and the incredible impact it continues to have:

A partner organisation shared the powerful impact of this work:

“Pasties are a lifeline to our guests. Even the street homeless will come in and ask if they can take some. A lot of guests would not be able to eat most days if not for Project 35. Some families save them for the children’s packed lunch as they would not be able to afford to give the child a substantial meal.

We are all extremely grateful for the food, and your kindness and generosity.” Jannice Carpenter, General Manager, Plymouth Central OYO Hotel

Project 35 continues to combat poverty across Plymouth, Devon, and Cornwall. Our Food Clubs provide vital support to those facing food insecurity, our Christmas hampers ensure families are cared for during the toughest months, and our volunteers remain essential to everything we do. Through this work, we help individuals build confidence, develop new skills, and strengthen community spirit.

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HEALTH AND WELLBEING

Encouraging healthy lifestyles

Our health and wellbeing team supported more than 1,500 local people to become more physically active and improve their overall health, delivering over 1,300 sessions throughout the year.

We provided targeted healthy lifestyle programmes designed to create longterm improvements in weight management, diet, physical activity, and mental wellbeing. Each programme was

tailored to individual needs and included initiatives such as Active Through Football, Argyle FIT, and our Extra Time provisions.

Active Through Football

This year marked three years of delivery for our Active Through Football project, which supports people facing the greatest barriers to physical activity and helps them achieve long-term behaviour change. Funded by the Football Foundation and Sport England, the programme offers free and inclusive recreational football sessions, fitness classes, mums’ stayand-play fitness mornings, and wellbeing workshops.

Key highlights from the 3-year funding period:

• 67% of participants identified as female, supported by expanded provision including a Women’s Walking Football team, female social football sessions, and Mums’ Stay & Play sessions where new mums can exercise alongside their child.

“This initiative is so needed in our communities. It’s helped me rebuild strength and fitness, and I love the option to stay for a drink and a chat after. Getting back into exercise post-baby can be really tough—between childcare issues and the cost of gym memberships, it often feels impossible. But at Mum’s Stay & Play, I know my children have a safe space to play while I focus on myself. It’s more than just a class—it’s a lifeline.”

Mums Stay and Play participant

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Supporting those facing loneliness and isolation

Through our Extra Time initiatives, we supported 268 people of retirement age, helping them to stay active, build friendships, and reduce loneliness and social isolation. Our weekly provisions include:

Walking Football has been a particular highlight. With support from Classic Builders, we launched a third weekly session specifically for individuals living with or recovering from cancer. We now have four men’s teams and two women’s teams proudly representing Argyle

in County, Regional, and National competitions.

One participant shared: “It’s my only social access outside of my home, where I was becoming very isolated and depressed with ill-health troubles. The group has become a family and I look forward to seeing everybody each week. It is not as easy to socialise and find friends in my circumstances, and this group has become a lifeline.”

Argyle FIT – Health improvement and weight loss programme

Argyle FIT is a weight-loss football league where goals are scored both on the pitch and through personal health achievements. Continued delivery of the Cornwall programme has been secured for the next five years thanks to funding from Cornwall Council.

proven to be the catalyst for re-energising my interest in sport, enabling me to engage further in other activities. The best part is that it’s been social, fun, and built a strong sense of community—led by outstanding individuals who show genuine care in supporting others.”

Outcomes achieved in 2024/25 across Bodmin, Brannel, Penzance, and Camborne:

A participant reflected:

“I would never have imagined that being part of a community like this would make such a difference to my health and wellbeing. It has

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SPORTS AND SCHOOL PROVISIONS

School provisions

As we seek to inspire engagement in physical activity, we offer local primary schools the opportunity to take part in the Premier League Primary Stars programme and the EFL in the Community’s Joy of Moving programme, funded by Ferrero. We also provide a full syllabus of physical education and teacher development sessions, lunchtime clubs, and after school clubs. Our mission is to fight local childhood health inequalities.

As we seek to inspire engagement in physical activity, we offer local primary schools the opportunity to take part in the Premier League Primary Stars programme and the EFL in the Community’s Joy of Moving programme, funded by Ferrero. We also provide a full syllabus of physical education and teacher development sessions, lunchtime clubs, and after school clubs. Our mission is to fight local childhood health inequalities.

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Holiday programmes

Through our Holiday Activities and Food, Time2Move, and Fit and Fed programmes, we provide children in receipt of free school meals with nutritious lunches and engaging activities to increase physical activity and prevent social isolation. Our daily enrichment sessions support local families in need of childcare and promote healthy lifestyle habits. With funding from Plymouth City Council, Devon County Council, Cornwall Council, and Torbay Council, we support people on free school meals.

Our qualified coaches support the technical, physical, social, and psychological development of local players aged 2-16 as we look to inspire the next generation of footballers.

The growth in our girls’ pathway has contributed to a 3% increase in female engagement across Trust provisions.

“We are so impressed with the coaches at the Player Development Centre. They have welcomed, encouraged,

and supported my daughter through her journey. We were really impressed with how you monitored and kept in touch with us about her development.” - Parent.

“The atmosphere and enjoyment our boys got from playing on the pitch was incredible! Scoring goals in front of the Babcock Devonport End was a dream come true. Recognition over the Tannoy for their magic moments was the perfect finishing touch” – Rich Vicary, local football coach

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PLYMOUTH ARGYLE FOOTBALL IN THE COMMUNITY TRUST TRADING AS ARGYLE COMMUNITY TRUST

Healthy lifestyle habits for a lifetime

4,414 local primary school students took part in our Premier League Primary Stars programme and the EFL in the Community Joy of Moving programme, funded by Ferrero.

54,597 students engaged in our Physical Education, Planning, Preparation, and Assessment lessons, lunchtime clubs, and after school clubs. Our mission is to fight local childhood health inequalities.

Our holiday daily enrichment sessions support local families in need of childcare and promote healthy lifestyle habits. Through our Holiday Activities and Food, Time2Move, and Fit and Fed programmes, we provided 1,890 children in receipt

of free school meals with 9,072 nutritious lunches and engaging activities to increase physical activity and prevent social isolation.

Inclusive sessions

We are passionate about inclusion and ensuring that people with disabilities can access the same level of activity and sporting opportunities as their peers.

We run tailored programmes that make the health, social, and mental wellbeing benefits of sport fully accessible.

This year, we delivered 232 hours of physical activity through initiatives including Hearing Impaired Football, the Manadon Para Hub, Plymouth University sessions, Pan Disability sessions, Junior Ability Counts, and Adult Ability Counts.

With funding from Children in Need, our Junior Ability Counts programme brought local players with disabilities and health conditions together to train and compete in structured leagues. Across our junior and adult programmes, 113 players took part in 115 hours of physical activity.

Project focus: Argyle4Autism

We launched Argyle4Autism, a new players-led pilot project supported by the Premier League and the Professional Footballers’ Association. Designed in collaboration with firstteam players Joe Edwards and Julio Pleguezuelo, the programme aims to break down barriers faced by children with autism spectrum disorder, including those awaiting diagnosis. Through tailored sport and e-sports sessions, Argyle4Autism helps young people improve physical health, self-esteem, and social skills, while also providing their families with practical advice and support.

“It’s a pleasure to have assisted with this project,” said Argyle Captain Joe Edwards. “Football is a great way for people, whatever their background or situation, to come together. We’ve done our best to create a programme which is educational, challenging, accessible and, most importantly, fun.’

A parent shared:

“Argyle4Autism is an inclusive programme where my child feels accepted, and physical activity is encouraged without shame when he gets it wrong. Staff have been encouraging, with lots of high fives and smiles.”

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PLYMOUTH ARGYLE FOOTBALL IN THE COMMUNITY TRUST TRADING AS ARGYLE COMMUNITY TRUST

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EDUCATION AND EMPLOYABILITY

Post-16 BTEC Extended Diploma in Sport

The 2024–25 academic year has been one of the most exciting and transformative yet for the Argyle Community Trust Post-16 Programme. With record student numbers, new curriculum pathways, and success both on and off the pitch, this year reflects our growing commitment to education, enrichment, and career pathways across Devon and Cornwall.

Academic Achievement and Student Progress

With over 220 students enrolled across our Plymouth, Camborne, and Newton Abbot hubs, our Post-16 programme

continues to provide inclusive and high-quality education rooted in sport, esports, and personal development.

We are proud to report a 96% retention rate and a 96% overall qualification achievement rate, surpassing national benchmarks. Our student satisfaction survey revealed that 93% of studentathletes rated their experience as good or outstanding, and 96% felt supported by tutors and pastoral staff and 95% said they would recommend the courses on offer to their friends. These outcomes are a testament to our dedicated education team and the

tailored support provided at every stage. 47% gained the highest grade possible for their course and 85% of student-athletes surpassed their target grades. We delivered 6,597 hours of theory and football sessions.

Our employability-focused curriculum offered students more than just their core qualifications. This year, students achieved over 120 additional certificates in areas such as first aid, safeguarding, fitness instruction, money matters, gambling awareness, mental health awareness, and digital skills – all helping to future-proof their progression.

Enrichment, Experiences, and Employability

This year saw a major expansion of our enrichment provision. Students participated in residentials to Barcelona, Spain and Tampa in the USA as well as more local residentials including NCS activities across Dartmoor, all of this coupled with travelling many miles around the UK for the regular Wednesday fixtures. All designed to broaden horizons and raise aspirations.

Our football and esports teams competed nationally through the National Youth Alliance League, The CEFA league and British College Esports Championships, with our Plymouth and Camborne squads earning top-three finishes and several players gaining trials with semiprofessional clubs.

In esports, students competed in Overwatch, Valorant and

Rocket League, all delivered from our brand-new esports hub at Foulston Park, supported by Babcock and in partnership with City College Plymouth. Several learners have since moved into esports coaching, streaming, or higher education.

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Community Engagement and Social Impact

As a charitable organisation, giving back remains a core part of our identity. Our students helped raise over £2,400 for local charities, delivered school workshops to over 400 primary pupils, and completed over 1,500 hours of volunteering in their local communities.

Expanding Horizons

This year also marked the introduction of two new curriculum pathways:

We continue to develop our Post-16 Girls’ Football Programme, with competitive fixtures, strength & conditioning sessions, and pathways into coaching and volunteering.

Post 16 students Sienna Gilbert and Shana Dolbel have both signed for the Argyle Women’s team this year. “ I am really happy that I made my debut this season for the first team, and for it to come so early, I feel I’ve put in a lot

of hard work and effort over the last few months to get me in this position and making my debut at Home Park made it much better than I would have thought ever. I can’t thank the coaches at Argyle Community Trust enough. Obviously I feel I’ve put a lot of personal work in to get here but they have continued to drive me forward and help with my development which has allowed me to grow immensely as a player, but also off the pitch with my education’. Sienna Gilbert.

“I moved over from Jersey around 3 months ago for more opportunities in my football as well as having the educational part, the Argyle Community Trust programme has given me amazing coaching as well as areas to improve both in football and studying, as well as getting me in contact with the under 18s Argyle team and

Argyle women’s first team. The course has amazing flexibility as you are able to balance both the football side of it and the coursework side and I have made some amazing friends on the course who have been so welcoming in helping me move over.” Shana Dolbel.

Our work experience placements grew significantly, with over 85 students undertaking placements in schools, leisure centres, gyms, and media organisations. These partnerships are vital in preparing our learners for life beyond education.

One statistic that we are particularly proud of is the conversion rate from apprentice in the department to full time employment in the depart, to date 4 of our current full time members of staff were apprentices less than 12 months ago.

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PLYMOUTH ARGYLE FOOTBALL IN THE COMMUNITY TRUST TRADING AS ARGYLE COMMUNITY TRUST

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Sporting Excellence

In football, the Trust ended the year with four titles:

Apprenticeships

As an independent

apprenticeship provider, we have continued to align our provision with regional workforce needs and national skills priorities. In 2024/25, our curriculum offer was broadened through the introduction of two new programmes: the Level 4 Corporate Responsibility & Sustainability Practitioner Apprenticeship, supporting organisational environmental compliance and ESG

capacity, and the Level 2 Leisure Team Member.

Apprenticeship, addressing operational workforce gaps across leisure and community facilities. Our strategic intent remains to ensure that every school across Devon and Cornwall can access an apprentice, with all learners deployed across diverse community settings to maximise employer engagement and applied

learning hours. During the reporting period, we enrolled and supported 77 apprentices across multiple standards, delivering structured off-the-job training, robust progress monitoring, and tailored employer liaison. We have achieved an 85% achievement rate this year, this ranks us as number 1 in the South West for apprenticeship achievements.

Higher Education

2024/25, was our 11th year of strategic collaboration with Plymouth Marjon University, integrating academic delivery with applied practice across sport, health, and community development. Our staff contributed to the university’s recruitment activity and supported progression pathways designed to increase local participation and attainment in higher education. As part of this partnership, we delivered targeted lectures, coordinated structured work-based learning opportunities, and provided access to casual employment across multiple operational areas. Across the reporting period, we supported 51 students and facilitated 1,350 hours of high-quality, employer-supervised placement activity within our sport and community programmes.

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PLYMOUTH ARGYLE FOOTBALL IN THE COMMUNITY TRUST TRADING AS ARGYLE COMMUNITY TRUST

Skills

Across our pre-employability programmes, our Skills team continued to expand and adapt provision in line with local needs. Through YEP!, funded by Cornwall Council, we supported 96 local people to develop foundational employability skills, alongside structured work-based learning opportunities totalling 1,413 hours of personal development.

During 2024/25 we

strengthened our offer in Plymouth through the Shared Prosperity Fund Skills Builder Programme, designed to engage residents who are furthest from the labour market. This programme has delivered positive outcomes, supporting individuals to build confidence, increase employability, and progress towards sustainable education, training, or employment pathways.

We also launched Skills Forward, a Cornwall-based project working intensively with six young people with Education, Health and Care Plans (EHCPs). The programme focuses on developing essential skills, improving personal confidence, enhancing readiness for further study or work, and supporting participants to transition into appropriate education or training destinations. Early outcomes have been highly successful, with participants demonstrating improved engagement, clearer progression pathways, and increased independence.

Through the YEP programme, Brooke was referred for 1:1 mentoring with Argyle Community Trust, where support focused on rebuilding her confidence and creating a personalised plan. Exploring her interests, especially her love of surfing, her mentor helped Brooke re-engage and build self-confidence, which was supported by a gym membership and active mentoring sessions. A few months later, Brooke’s progress has been remarkable. She is now training for her Lifeguard and Surf Instructor Qualification, has built strong friendships, and recently started her first job as a waitress. As Brooke says, “I am so proud of how far I have come… I am planning my future and so excited for all the opportunities I now have.” Her mentor added, “It has been amazing to see how far Brooke has come… her independence is growing as well.

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PLYMOUTH ARGYLE FOOTBALL IN THE COMMUNITY TRUST TRADING AS ARGYLE COMMUNITY TRUST

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FACILITIES

This year, 229,500 visits were made across our three facilities to access community provisions delivered by ourselves and our valued local partners. Eighty-seven local people received dedicated support to combat social isolation and loneliness. Our Warm Space initiative continued to provide free breakfasts, hot showers, internet access, and a warm, safe environment for those struggling with the cost-of-living crisis.

Manadon Sports Hub

Our Manadon Sports and Community Hub is home to grassroots adult and youth teams, supporting local people to get active and inspiring the next generation of sportspeople. During the 2024/25 season, the site hosted 392 matches, with 56 local men’s and women’s teams and 19 youth teams calling the facility their home.

The site continues to offer positive interventions and activities, including football

sessions and over-55s provisions. It is also home to Plymouth Civil Service and Roborough Cricket Club, providing a place to train, play, and socialise. Cricket activity has grown significantly, expanding from 2 to 4 adult teams, with more than 100 young people now registered as members of the cricket club.

Every Friday, we deliver our Community Food Larder and Warm Spaces Café, offering essential support for those

impacted by the cost-ofliving crisis. The site provides a welcoming community hub where people can socialise, access support, and connect with others. With the help of local partners and organisations, we ensure vulnerable residents receive year-round assistance. To date, over 320 people have accessed this provision, with around 40 individuals attending each week.

Pilgrim Pizza

Our mobile Pilgrim Pizza van continued to provide catering at events, with all income reinvested into our charitable work. Although the van has faced some operational challenges, it remains a valuable tool for connecting with local communities, sparking conversation, and fostering social interaction. We recognise there is further potential to maximise this opportunity to better meet community needs.

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PLYMOUTH ARGYLE FOOTBALL IN THE COMMUNITY TRUST TRADING AS ARGYLE COMMUNITY TRUST

The Hub @ Foulston Park

In March 2025, the Trust proudly opened its new community centre in Devonport - The Hub at Foulston Park. This newly refurbished site represents over £4 million of investment to support the social, wellbeing, and developmental needs of communities in the west of the city.

Funding was secured through a range of partners, including the Community Ownership Fund, Bernard Sunley, Youth Investment Fund, The Garfield Weston Foundation, The Clothworkers’ Foundation, and the Football Foundation. This collective investment has allowed us to create an accessible facility offering sports, leisure, wellbeing, and personal development opportunities for people of all ages, backgrounds, and abilities.

Below outline our vision for the hub:

and provides vital cost-ofliving support.

• A new hub launched offering all-weather pitches and tennis courts, as part of a vision for a vibrant, active community

• More than a fitness centre, it was designed in consultation with our community as a welcoming space for all, whether people are looking to get fitter and healthier, connect with others, or simply enjoy a safe and supportive environment.

This ambitious project has been delivered in partnership with Plymouth Argyle, Plymouth City Council, Plymouth Albion RFC, and Devonport Community Leisure Limited.

The Hub offers a range of health and wellbeing opportunities as part of Plymouth’s network of Wellbeing Hubs, with a gym, sports hall, soft play, e-sports, café, and multi-use rooms that are open to all. Located in Devonport, a community facing significant deprivation, these spaces host physical activity programmes, mental

health support, youth and veterans’ programmes, and life skills training.

Councillor Sue Dann said: “The Hub will be of such value to thousands of residents for years to come, and its opening marks a big moment for the promotion of active, healthy lives in Plymouth.”

“I’m so proud of what we have been able to achieve by working in partnership with the city’s varied and eclectic sports community and governing bodies. Projects like this, where everyone works together for the benefit of Plymouth and its residents, are key to ensuring a healthy and active city for generations to come.”

Sherford Sports Site

In 2024 we were delighted to officially open the Sherford Sports Hub. The need here was to ensure a new housing development on the outskirts of Plymouth had access to facilities which had been laid dormant to help improve community cohesion and develop community provisions for the new community. The site includes an all-weather sand-dressed astro turf pitch, full-size grass pitch, and tennis courts, the Hub is part of a broader vision to create a vibrant and active community, driven by the Sherford Consortium and supported by Plymouth City Council.

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PLYMOUTH ARGYLE FOOTBALL IN THE COMMUNITY TRUST TRADING AS ARGYLE COMMUNITY TRUST

EVENTS AND CAMPAIGNS

The Charity does not carry out significant fundraising activities targeted at individuals. However, building on the success of previous campaigns, we continued to engage both existing and new commercial partners and supporters. This helped raise the profile of the Trust, inspire wider community engagement, and further diversify our funding streams in line with our strategic aims.

In 2024/25, we delivered the following fundraising and partnership activities:

experiencing parental bereavement.

Sponsorship, generating £19,200 to support costs associated with our new facility development.

EDI

65 hours of training and workshops exploring culture and identity, racism, healthy relationships, and masculinity hours of training and workshops exploring culture and identity, racism, healthy relationships, and masculinity.

232 attendees across 21 sessions which were attended by local schools and organisations. We delivered workshops to West Country Schools Trust pastoral leads to educate staff on microaggressions and inclusive language.

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PLYMOUTH ARGYLE FOOTBALL IN THE COMMUNITY TRUST TRADING AS ARGYLE COMMUNITY TRUST

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COLLEAGUES AND ENGAGEMENT

At the heart of what we do, our staff are key to ensuring our work is delivered to support our local community and help us meet our strategic aims. This year has brought both challenge and opportunity and our staff have been more integral than ever, helping develop our new community site, sustaining it and delivering the operations that have been essential in ensuring stability and success across the Trust.

The leadership team has helped support the growth of the business and diversify funding to support the workforce.

During this period our average staff numbers have increased from 178 to 184, including 120 contracted staff, 18 of which are undertaking an apprenticeship, and 64 sessional staff. Our gender

employment ratio sits at 78:22 in favour of males but we have made a number of recent female appointments and encourage inclusivity in all areas of our work. Volunteering on key projects has continued with active engagement between the organisation and volunteers to help benefit local communities.

We have provided pathways and training for our apprentices to enable them to move into contracted employment with us. Investment for staff training in safeguarding, first aid, coaching, challenging behaviour, qualified teacher status and mental health awareness took place during the year. Additionally, we ensured that all staff had access to a healthcare scheme in direct response to

requests from the workforce to support their mental health and wellbeing.

Our annual staff conference in September 24 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 ten members of staff in seven award categories.

We’ve continued developing our People Plan and Staff Charter to clearly outline what the organisation expects from its team—and what our staff can expect in return. To strengthen communication and collaboration, we’re reintroducing the Staff Forum, giving employees a platform to share their voice—an essential element for building a cohesive and engaged workforce.

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PLYMOUTH ARGYLE FOOTBALL IN THE COMMUNITY TRUST TRADING AS ARGYLE COMMUNITY TRUST

FUTURE DIRECTION

We are truly pleased with the performance of the Trust during this period. This is a testament to the hard work of our staff, the guidance of our Board, and the continued support of our partners. Throughout the year we have remained focused on our strategy, while also responding to societal changes to ensure we continue supporting local people effectively.

Last year, we stated that we were shaping our new strategy. Although this process has taken longer than anticipated, the additional time has been beneficial. It has allowed us to pause, reflect, and ensure that the final strategy is informed by thorough insight and consultation. As a result, we look forward to launching our new strategy in early 2026, confident that it will

enhance our impact within the communities we serve.

We have successfully launched our second community hub, with further developments at the site planned for the near future. As we expand to two sites, careful financial management-both operationally and in terms of ongoing development-remains essential. Our focus will be on delivering our strategic aims across both locations, ensuring they provide meaningful opportunities for local people while also remaining financially sustainable and not a burden on the organisation.

In addition, several government reviews are underway across the education and youth policy sectors. We will continue to monitor these developments closely to ensure our services align with

emerging policy outcomes while also meeting our aims and objectives.

We continue to enjoy a strong and collaborative relationship with our parent football club. Over the next 12 months, we will work together to further strengthen this partnership, including exploring shared services that can improve efficiencies, enhance delivery, and support the systems, operations, and promotion of the charity.

Finally, a key priority for 2025/2026 will be enhancing our digital presence. This includes the development of a new website and improvements to our customer journey, ensuring we respond effectively and consistently to the needs of our communities.

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PLYMOUTH ARGYLE FOOTBALL IN THE COMMUNITY TRUST TRADING AS ARGYLE COMMUNITY TRUST

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

Opinion

We have audited the financial statements of Plymouth Argyle Football in the Community Trust (the ‘charitable parent company’) and its subsidiaries (the ‘group’) for the year ended 30 June 2025, which comprise the Consolidated Statement of Financial Activities, , Consolidated Statement of Cash Flows and Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is United Kingdom Accounting Standards, comprising Charities SORP - FRS 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ and applicable law (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

Conclusions relating to going concern

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

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group’s ability to continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the auditor responsibilities for the audit of the financial statements section of our report. We are independent of the group in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Other information

The trustees are responsible for the other information. The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

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PLYMOUTH ARGYLE FOOTBALL IN THE COMMUNITY TRUST TRADING AS ARGYLE COMMUNITY TRUST

Opinion on other matter prescribed by the Companies Act 2006

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

Matters on which we are required to report by exception

In the light of our knowledge and understanding of the group and the parent charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the Trustees Report.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:

Responsibilities of trustees

As explained more fully in the (set out on page ), the trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charity’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so.

Auditor responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is

not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

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

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PLYMOUTH ARGYLE FOOTBALL IN THE COMMUNITY TRUST TRADING AS ARGYLE COMMUNITY TRUST

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

A further description of our responsibilities is available on the Financial Reporting Council’s website at: www.frc.org. uk/auditorsresponsibilities. This description forms part of our auditor’s report.

Use of our report

This report is made solely to the charitable parent company’s trustees, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the group’s trustees those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable parent company and its trustees as a body, for our audit work, for this report, or for the opinions we have formed.

Adam Croney ACA (Senior Statutory Auditor) For and on behalf of Westcotts (SW) LLP, Statutory Auditor:

Plym House 3 Longbridge Road Plymouth Marsh Mills Devon PL6 8LT

Date: 24th February 2026

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PLYMOUTH ARGYLE FOOTBALL IN THE COMMUNITY TRUST TRADING AS ARGYLE COMMUNITY TRUST

CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES (Including Consolidated Income and Expenditure Account and Statement of Total Recognised Gains and Losses) Year Ended 30 June 2025

Note
Income and endowments
Donations and legacies
3
Charitable activities
4
Other trading activities
5
Investment income
6
Total income
Expenditure on
Charitable activities
8
Costs of trading activities
10
Total expenditure
Net income
Transfers between funds
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward 24		 Unrestricted
Funds
£
188,599
4,537,764
384,301
39,110
5,149,774
(4,160,183)
(356,508)
(4,516,691)
633,083
(44,218)
588,865
2,893,645
3,482,510		 Restricted
Funds
£
2,471,530
631,536
-
-
3,103,066
(970,757)
-
(970,757)
2,132,309
44,218
2,176,527
2,344,063
4,520,590		 Total
2025
£
2,660,129
5,169,300
384,301
39,110
8,252,840
(5,130,940)
(356,508)
(5,487,448)
2,765,392
-
2,765,392
5,237,708
8,003,100		 Total
2024
£
2,421,115
4,420,229
378,719
44,032
7,264,095
(4,737,057)
-
(4,737,057)
2,527,038
-
2,527,038
2,710,670
5,237,708

All of the group’s activities derive from continuing operations during the above two periods. The funds breakdown for 2024 is shown in note 24.

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PLYMOUTH ARGYLE FOOTBALL IN THE COMMUNITY TRUST TRADING AS ARGYLE COMMUNITY TRUST

CONSOLIDATED BALANCE SHEET

Consolidated Balance as at 30 June 2025

Note
Fixed assets
Tangible assets
16
Current assets
Stocks
17
Debtors
18
Cash at bank and in hand
19
Creditors: amounts falling due within one year
20
Net current assets
Total assets less current liabilities
Creditors: amounts falling due after more
21
than one year
Net assets
Funds of the charity
Restricted income funds
Restricted funds
Unrestricted income funds
Unrestricted funds
Total funds
24		 2025
£
5,413,028
2,304
851,031
2,377,970
3,231,305
(593,733)
2,637,572
8,050,600
(47,500)
8,003,100
4,520,590
3,482,510
8,003,100		 2024
£
2,732,816
-
545,128
2,440,251
2,985,379
(476,737)
2,508,642
5,241,458
(3,750)
5,237,708
2,344,063
2,893,645
5,237,708

The financial statements on pages 26 to 62 were approved by the trustees, and authorised for issue on 15th December 2025 and signed on their behalf by:

Mr M A Lovegrove Trustee Company number 06797988

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PLYMOUTH ARGYLE FOOTBALL IN THE COMMUNITY TRUST TRADING AS ARGYLE COMMUNITY TRUST

CONSOLIDATED BALANCE SHEET

Balance Sheet as at 30 June 2025

Note
Fixed assets
Tangible assets
16
Investments
Current assets
Debtors
18
Cash at bank and in hand
19
Creditors: amounts falling due within one year
20
Net current assets
Total assets less current liabilities
Creditors: amounts falling due after more
21
than one year
Net assets
Funds of the charity
Restricted income funds
Restricted funds
24
Unrestricted income funds
Unrestricted funds
Total funds
24		 2025
£
5,409,243
1
5,409,244
984,615
2,315,856
3,300,471
(525,506)
2,774,965
8,184,209
(47,500)
8,136,709
4,520,590
3,616,119
8,136,709		 2024
£
2,732,816
2,732,816
545,128
2,440,251
2,985,379
(476,737)
2,508,642
5,241,458
(3,750)
5,237,708
2,344,063
2,893,645
5,237,708

The financial statements on pages 26 to 62 were approved by the trustees, and authorised for issue on 15th December 2025 and signed on their behalf by:

Mr M A Lovegrove Trustee Company number 06797988

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PLYMOUTH ARGYLE FOOTBALL IN THE COMMUNITY TRUST TRADING AS ARGYLE COMMUNITY TRUST

CONSOLIDATED STATEMENT OF CASH FLOWS

Year Ended 30 June 2025

Note
Cash fows from operating activities
Net cash income
Adjustments for:
Depreciation of tangible fxed assets
10, 16
Other interest receivable and similar income
6
Interest payable and similar charges
Changes in:
Increase in stocks
17
Trade and other debtors
18
Trade and other creditors
20
Increase in deferred income
21
Cash generated from operations
Interest paid
Interest received
6
Cash fows from investing activities
Purchase of tangible fxed assets
16
Sale of tangible fxed assets
Net cash fows from investing activities
Net (decrease)/increase in cash and cash equivalents
Cash and cash equivalents at 1 July
Cash and cash equivalents at 30 June		 2025
£
2,765,392
53,285
(39,110)
6,549
2,786,116
(2,304)
(305,903)
136,941
23,805
2,638,655
(6,549)
39,110
32,561
(2,761,913)
28,416
(2,733,497)
(62,281)
2,440,251
2,377,970		 2024
£
2,527,038
55,384
(44,032)
2,621
2,541,011
-
(125,935)
89,406
14,212
2,518,694
(2,621)
44,032
41,411
(2,400,100)
-
(2,400,100)
160,005
2,280,246
2,440,251

The notes on pages 30 to 62 form an integral part of these financial statements.

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PLYMOUTH ARGYLE FOOTBALL IN THE COMMUNITY TRUST TRADING AS ARGYLE COMMUNITY TRUST

NOTES TO THE FINANCIAL STATEMENTS

Year Ended 30 June 2025

1. Charity status

benefits from its activities.

The charity is limited by guarantee, incorporated in England and Wales, and consequently does not have share capital. Each of the trustees is liable to contribute an amount not exceeding £Nil towards the assets of the charity in the event of liquidation.

The address of its registered office is: Home Park Plymouth Devon PL2 3DQ

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

2. Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)) (issued in October 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Basis of preparation

The consolidated financial statements consolidate the financial statements of the ‘charity’ (Plymouth Argyle Football in the Community Trust) and its ‘subsidiary’ (ACT Trading Limited) undertakings drawn up to 30 June 2025.

No statement of financial activities is presented for the charity as permitted by section 408 of the Companies Act 2006. The charity produced a surplus after tax for the financial year of £2,899,001 (2024 - surplus of £2,527,038).

A subsidiary is an entity controlled by the charity. Control is achieved where the charity has the power to govern the financial and operating policies of an entity so as to obtain

The results of subsidiaries acquired or disposed of during the year are included in the statement of financial activities from the effective date of acquisition or up to the effective date of disposal, as appropriate. Where necessary, adjustments are made to the financial statements of subsidiaries to bring their accounting policies into line with those used by the group.

The purchase method of accounting is used to account for business combinations that result in the acquisition of subsidiaries by the group. The cost of a business combination is measured as the fair value of the assets given, equity instruments issued and liabilities incurred or assumed at the date of exchange, plus costs directly attributable to the business combination. Identifiable assets acquired and liabilities and contingent liabilities assumed in a business combination are measured initially at their fair values at the acquisition date. Any excess of the cost of the business combination over the acquirer’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities recognised is recorded as goodwill.

Inter-company transactions, balances and unrealised gains on transactions between the charity and its subsidiaries, which are related parties, are eliminated in full.

Intra-group losses are also eliminated but may indicate an impairment that requires recognition in the consolidated financial statements.

Accounting policies of subsidiaries have been changed where necessary to ensure consistency with the policies adopted by the group. Non-controlling interests in the net assets of consolidated subsidiaries are identified separately from the group’s equity therein. Non-controlling interests consist of the amount of those interests at the date of the original business combination and the non-controlling shareholder’s share of changes in equity since the date of the combination. Total comprehensive income is attributed to non-controlling interests even if this results in the noncontrolling interests having a deficit balance.

Going concern

The trustees consider that there are no material uncertainties about the group’s ability to continue as a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by the group.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and

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PLYMOUTH ARGYLE FOOTBALL IN THE COMMUNITY TRUST TRADING AS ARGYLE COMMUNITY TRUST

are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. The carrying amount is £- (2024 -£-).

Fund structure

Unrestricted income funds are general funds that are available for use at the trustees discretion in furtherance of the objectives of the group.

Donated services and facilities

Income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.

Contracts

Designated funds are unrestricted funds set aside for specific purposes at the discretion of the trustees.

Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.

Income and endowments

All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:

Donations and legacies

Income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably. Legacy income is recognised when receipt is probable and entitlement is established.

Grants receivable

Grants are recognised when the group has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released.

Deferred income

Deferred income represents amounts received for future periods and is released to incoming resources in the period for which, it has been received. Such income is only deferred when:

Income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.

Deferred income

Deferred income represents amounts received for future periods and is released to incoming resources in the period for which, it has been received. Such income is only deferred when:

Investment income

Dividends are recognised once the dividend has been declared and notification has been received of the dividend due.

Expenditure

Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:

Raising funds

Expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading activities, and the sale of donated goods.

Charitable activities

Expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.

Gifts in kind

Deferred income represents amounts received for future periods and is released to incoming resources in the period for which, it has been received. Such income is only deferred when:

Other expenditure

Other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.

Support costs

Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, for example, allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage.

55

PLYMOUTH ARGYLE FOOTBALL IN THE COMMUNITY TRUST TRADING AS ARGYLE COMMUNITY TRUST

Direct costs

All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.

Governance costs

These include the costs attributable to the charity’s compliance with constitutional and statutory requirements, including audit, strategic management and trustees meetings and reimbursed expenses.

Operating leases

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

Tangible fixed assets

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

An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses, unless it reverses a charge for impairment that has previously been recognised as expenditure within the statement of financial activities. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other recognised gains and losses, except to which it offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activities.

Depreciation and amortisation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class Depreciation method and rate
Long leasehold property 4% straight line
Fixtures and fttings
Motor vehicles
Computer equipment
Assets under construction		 30% reducing balance
25% straight line
40% reducing balance
not depreciated

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.

For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the charity are assigned to those units.

Taxation

The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.

Business combinations

Business combinations are accounted for under the purchase method. Where necessary, adjustments are made to the financial statements of subsidiaries to bring the accounting policies used into line with those used by the group. All intra-group transactions, balances, income and expenses are eliminated on consolidation. In accordance with Section 35 of FRS 102, Section 19 of FRS 102 has not been applied in these financial statements in respect of business combinations effected prior to the date of transition.

Fixed asset investments

Fixed asset investments, other than programme related investments, are included at market value at the balance sheet date. Realised gains and losses on investments are calculated as the difference between sales proceeds and their market value at the start of the year, or their subsequent cost, and are charged or credited to the Statement of Financial Activities in the period of disposal.

Unrealised gains and losses represent the movement in market values during the year and are credited or charged to the Statement of Financial Activities based on the market value at the year end.

Stock

Stock is valued at the lower of cost and estimated selling price less costs to complete and sell, after due regard for obsolete and slow moving stocks. Cost is determined using the first-in, first-out (FIFO).

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Statement of Financial Activities over the period of the relevant borrowing.

56

PLYMOUTH ARGYLE FOOTBALL IN THE COMMUNITY TRUST TRADING AS ARGYLE COMMUNITY TRUST

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the charity has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Financial instruments

Classification

Financial assets and financial liabilities are recognised when the group becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the group after deducting all of its liabilities.

Recognition and measurement

All financial assets and liabilities are initially measured at transaction price (including transaction costs), except for those financial assets classified as at fair value through profit or loss, which are initially measured at fair value (which is normally the transaction price excluding transaction costs), unless the arrangement constitutes a financing transaction. If an arrangement constitutes a financing transaction, the financial asset or financial liability is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Financial assets and liabilities are only offset in the statement of financial position when, and only when there exists a legally enforceable right to set off the recognised amounts and the group intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Financial assets are derecognised when and only when a) the contractual rights to the cash flows from the financial asset expire or are settled, b) the group transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or c) the group, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Financial liabilities are derecognised only when the obligation specified in the contract is discharged, cancelled or expires.

Debt instruments

Debt instruments which meet the following conditions are subsequently measured at amortised cost using the effective interest method:

(a) The contractual return to the holder is (i) a fixed amount; (ii) a positive fixed rate or a positive variable rate; or (iii) a combination of a positive or a negative fixed rate and a positive variable rate.

(c) The contract may provide for a determinable variation of the return to the holder during the life of the instrument, provided that (i) the new rate satisfies condition (a) and the variation is not contingent on future events other than (1) a change of a contractual variable rate; (2) to protect the holder against credit deterioration of the issuer; (3) changes in levies applied by a central bank or arising from changes in relevant taxation or law; or (ii) the new rate is a market rate of interest and satisfies condition (a).

(d) There is no contractual provision that could, by its terms, result in the holder losing the principal amount or any interest attributable to the current period or prior periods.

(e) Contractual provisions that permit the issuer to prepay a debt instrument or permit the holder to put it back to the issuer before maturity are not contingent on future events, other than to protect the holder against the credit deterioration of the issuer or a change in control of the issuer, or to protect the holder or issuer against changes in levies applied by a central bank or arising from changes in relevant taxation or law.

(f) Contractual provisions may permit the extension of the term of the debt instrument, provided that the return to the holder and any other contractual provisions applicable during the extended term satisfy the conditions of paragraphs (a) to (c).

Debt instruments that are classified as payable or receivable within one year on initial recognition and which meet the above conditions are measured at the undiscounted amount of the cash or other consideration expected to be paid or received, net of impairment.

With the exception of some hedging instruments, other debt instruments not meeting these conditions are measured at fair value through profit or loss.

Commitments to make and receive loans which meet the conditions mentioned above are measured at cost (which may be nil) less impairment.

Investments

Investments in non-convertible preference shares and nonputtable ordinary or preference shares (where shares are publicly traded or their fair value is reliably measurable) are measured at fair value through profit or loss. Where fair value cannot be measured reliably, investments are measured at cost less impairment.

Investments in subsidiaries and associates are measured at cost less impairment. For investments in subsidiaries acquired for consideration including the issue of shares qualifying for merger relief, cost is measured by reference to the nominal value of the shares issued plus fair value of other consideration. Any premium is ignored.

(b) The contract may provide for repayments of the principal or the return to the holder (but not both) to be linked to a single relevant observable index of general price inflation of the currency in which the debt instrument is denominated, provided such links are not leveraged.

57

3. Income from donations, legacies and grants

3. Income from donations, legacies and grants
Donations
50/50 Lottery
Care Support SW Ltd
Charities Trust
Persimmon Homes
Other donations
Grants
EFL Trust: Core Funding
ELS - Joy of Moving
Youth Investment Fund - Brickfelds
Other grants
Household Support Grant
ERF Delivery Company Ltd - PV
FL Community Shield
Morrisons Foundation
Arcadis
PLCF Core
The Football Foundation
Donations
PAFC Ladies donations
Appeals and donations
Yelverton Golf Club
St Austell Brewery
Other donations
Grants
EFL Trust: Core Funding
Youth Investment Fund - Brickfelds
Community Ownership Fund
Household Support Grant
Garfeld Weston Grant
The Football Foundation		 Unrestricted
Funds
General
£
10,000
3,000
1,000
3,000
41,815
38,766
23,153
-
-
-
-
15,000
8,000
24,865
20,000
-
188,599
Unrestricted
Funds
General
£
80,520
-
6,500
3,500
44,486
34,637
-
-
-
-
-
169,643		 Restricted
Funds
£
-
-
-
-
-
-
-
994,669
2,662
3,400
40,000
-
-
-
-
1,430,799
2,471,530
Restricted
Funds
£
-
50,000
-
-
-
-
1,071,794
1,000,000
2,720
50,000
76,958
2,251,472		 Total
2025
£
10,000
3,000
1,000
3,000
41,815
38,766
23,153
994,669
2,662
3,400
40,000
15,000
8,000
24,865
20,000
1,430,799
2,660,129
Total
2024
£
80,520
50,000
6,500
3,500
44,486
34,637
1,071,794
1,000,000
2,720
50,000
76,958
2,421,115

58

PLYMOUTH ARGYLE FOOTBALL IN THE COMMUNITY TRUST TRADING AS ARGYLE COMMUNITY TRUST

4. Income from charitable activities

4. Income from charitable activities
Premier League Primary Stars
Premier League Kicks
Premier League Police Pilot Fund
Rank Foundation
The FA Emerging Talent
Premier League Inspires
Football and health related courses and activities
Marjon foundation degree
Education services
Apprenticeship programme
Fit & Fed
Ancillary trading
Premier League Fans Fund
Sport England
Premier League Fans Referral Pilot Fund
National Lottery
Active Through Football
PCC - Community Recovery Fund
Miscellaneous income
National Citizen Service
Premier League Primary Stars
Premier League Kicks
Premier League Core
Rank Foundation
The FA Emerging Talent
Children in Need
Premier League Inspires
Football and health related courses and activities
Armed Forces Covenant Fund Trust
Street Games UK		 Unrestricted
Funds
General
£
-
-
-
-
-
-
2,319,001
65,000
1,176,473
497,373
358,649
121,268
-
-
-
-
-
-
-
4,537,764
Unrestricted
Funds
General
£
43,755
-
-
20,000
-
-
-
-
1,937,986
-
-		 Restricted
Funds
£
100,000
115,000
39,000
30,992
27,200
35,000
-
-
-
-
-
-
25,000
34,800
12,500
45,942
109,534
42,000
14,568
631,536
Restricted
Funds
£
-
100,000
115,000
-
59,180
24,500
1,000
35,000
-
500
7,200		 Total
2025
£
100,000
115,000
39,000
30,992
27,200
35,000
2,319,001
65,000
1,176,473
497,373
358,649
121,268
25,000
34,800
12,500
45,942
109,534
42,000
14,568
5,169,300
Total
2024
£
43,755
100,000
115,000
20,000
59,180
24,500
1,000
35,000
1,937,986
500
7,200

59

PLYMOUTH ARGYLE FOOTBALL IN THE COMMUNITY TRUST TRADING AS ARGYLE COMMUNITY TRUST

4. Income from charitable activities (continued)

4. Income from charitable activities (continued)
Sponsorships
Other trading income
Gym memberships
Softplay
Food and beverage
Facilities
Other revenue
Facilities management fee
Sponsorships
Hire of function rooms
Other trading income
5. Income from other trading activities
Marjon foundation degree
Safer Streets
Education services
Apprenticeship programme
Fit & Fed
Ancillary trading
Premier League Fans Fund
Sport England
Clothworker’s Foundation
Premier League Fans Referral Pilot Fund
National Lottery
Community Allotment - National Grid
Miscellaneous income		 Unrestricted
Funds
General
£
65,000
-
1,045,937
385,067
293,289
92,299
-
-
-
-
-
-
12,090
3,895,423		 Unrestricted
Funds
General
£
40,863
163,531
43,161
18,270
49,894
55,767
12,815
384,301
Unrestricted
Funds
General
£
10,000
204,671
14,987
149,061
378,719
Restricted
Funds
£
-
25,000
-
-
-
-
25,000
9,500
50,000
15,000
47,427
4,500
5,999
524,806		 Total
2024
£
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
4,420,229
Total
2025
£
40,863
163,531
43,161
18,270
49,894
55,767
12,815
384,301
Total
2024
£
10,000
204,671
14,987
149,061
378,719

60

PLYMOUTH ARGYLE FOOTBALL IN THE COMMUNITY TRUST TRADING AS ARGYLE COMMUNITY TRUST

6. Investment income

6. Investment income
Note
Charitable activities
8
Support costs
9
Costs of trading activities
10
7. Expenditure on charitable activities by fund type
Bank interest receivable
Bank interest receivable
Note
Charitable activities
Support costs
9		 Unrestricted
Funds
General
£
3,646,818
513,365
356,508
4,516,691
Unrestricted
Funds
General
£
3,415,540
522,559
3,938,099		 Restricted
Funds
£
846,877
123,880
-
970,757
Unrestricted
Funds
General
£
39,110
39,110
Unrestricted
Funds
General
£
44,032
44,032
Restricted
Funds
£
476,140
322,818
798,958		 Total
2025
£
39,110
39,110
Total
2024
£
44,032
44,032
Total
2025
£
4,493,695
637,245
356,508
5,487,448
Total
2024
£
3,891,680
845,377
4,737,057

61

PLYMOUTH ARGYLE FOOTBALL IN THE COMMUNITY TRUST TRADING AS ARGYLE COMMUNITY TRUST

8. Expenditure on charitable activities

8. Expenditure on charitable activities
Wages and coaching fees
Social security costs
Pension costs
Hire of halls and pitches
Footballs, sports wear, gifts and prizes
Football tours, games and trips
Training and qualifcations
Motor and travel expenses
Lunches and refreshments
Tickets
Wages and coaching fees
Social security costs
Pension costs
Hire of halls and pitches
Footballs, sports wear, gifts and prizes
Football tours, games and trips
Training and qualifcations
Motor and travel expenses
Lunches and refreshments
Tickets		 Unrestricted
Funds
General
£
2,304,719
204,029
59,330
304,094
334,994
21,233
80,249
108,450
181,572
48,148
3,646,818
Unrestricted
Funds
General
£
2,374,132
172,207
54,615
297,598
138,506
26,248
68,276
135,255
110,714
37,989
3,415,540		 Restricted
Funds
£
669,449
43,026
9,897
49,075
30,873
4,529
1,032
14,490
24,506
-
846,877
Restricted
Funds
£
272,875
36,315
9,111
46,669
54,289
5,329
6,439
26,876
18,237
-
476,140		 Total
2025
£
2,974,168
247,055
69,227
353,169
365,867
25,762
81,281
122,940
206,078
48,148
4,493,695
Total
2024
£
2,647,007
208,522
63,726
344,267
192,795
31,577
74,715
162,131
128,951
37,989
3,891,680

62

PLYMOUTH ARGYLE FOOTBALL IN THE COMMUNITY TRUST TRADING AS ARGYLE COMMUNITY TRUST

9. Analysis of governance and support costs

Analysis of support costs
Administration wages
Telephone
Postage and stationery
Advertising and marketing
Computer expenses and support
Repairs, renewals and
refurbishments
Registration and afliation fees
Sundries
Depreciation
Rent and rates
Legal and professional fees
Bank and credit card charges
DBS and safeguarding
Bad debts
Light and heat
Insurance
Irrecoverable VAT
Staf Training
Travelling
Staf Welfare
(Proft)/loss on disposal
Recharges
Loan interest
Governance costs
Auditors remuneration
Admin and safeguarding
Total expenditure		 Unrestricted
Funds
£
-
6,788
26,356
-
30,766
21,612
66,489
11,479
52,982
(11,504)
85,275
22,542
6,549
2,733
25,490
25,901
100,766
-
-
-
28,416
-
975
503,615
9,750
-
513,365		 Restricted
Funds
£
56,873
-
-
4,116
-
-
-
1,424
-
-
-
-
-
-
18,510
7,113
-
4,852
-
-
-
30,992
-
123,880
-
-
123,880		 Total
2025
£
56,873
6,788
26,356
4,116
30,766
21,612
66,489
12,903
52,982
(11,504)
85,275
22,542
6,549
2,733
44,000
33,014
100,766
4,852
-
-
28,416
30,992
975
627,495
9,750
-
637,245		 Total
2024
£
231,707
8,387
25,025
35,302
18,984
27,305
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
-
-
-
831,026
8,200
6,151
845,377

63

PLYMOUTH ARGYLE FOOTBALL IN THE COMMUNITY TRUST TRADING AS ARGYLE COMMUNITY TRUST

10. ACT Tradiing Activities

ACT Trading Activities Limited is a trading subsidiary of the charity, audited accounts are filed with the Registrar of Companies. A summary of the trading results is shown below:

2025 2024
£ £
Turnover 179,907 -
Cost of sales (93,089) -
Gross proft 86,818 -
Administrative expenses (263,418) -
Other operating income 42,992 -
Proft / (loss) before tax (133,608) -
Assets 152,110 1
Liabilities (289,502) -
Capital 1 1
Reserves (133,608) -
11. Net incoming/outgoing resources
Net incoming resources for the year include:
2025 2024
£ £
Depreciation of fxed assets 53,285 55,384

64

12. Trustees remuneration and expenses

During the year the group made the following transactions with trustees:

Mr R T Ramsey

£Nil (2024: £996) of expenses were reimbursed to Mr R T Ramsey during the year.

13. Staff costs

The aggregate payroll costs were as follows:

Staf costs during the year were:
Wages and salaries
Social security costs
Pension costs		 2025
£
3,299,493
257,749
74,419
3,631,661		 2024
£
2,878,714
208,522
63,726
3,150,962

The average head count of employees during the year was 190 (2024: 178).

The number of employees whose emoluments fell within the following bands was:

£80,001 - £90,000
Audit of the fnancial statements
14. Auditors’ remuneration		 2025
No.
1
2025
£
9,750		 2024
No.
1
2024
£
8,200

15. Taxation

The charity is a registered charity and is therefore exempt from taxation.

65

PLYMOUTH ARGYLE FOOTBALL IN THE COMMUNITY TRUST TRADING AS ARGYLE COMMUNITY TRUST

16. Tangible fixed assets

Group
Cost
At 1 July 2024
Additions
Disposals
Transfers
At 30 Jun 2025
Depreciation
At 1 July 2024
Charge for the year
Eliminated on
disposals
At 30 Jun 2025
Net book value
At 30 June 2025
At 30 June 2024
Charity
Cost
At 1 July 2024
Additions
Disposals
Transfers
At 30 June 2025
Depreciation
At 1 July 2024
Charge for the year
Eliminated on
disposals
At 30 June 2025
Net book value
At 30 June 2025
At 30 June 2024		 Long
leasehold
property
£
191,840
5,904
(14,708)
4,424,658
4,607,694
48,069
7,322
(1,177)
54,214
4,553,480
143,771
Long
leasehold
property
£
191,840
5,904
(14,708)
4,424,658
4,607,694
48,069
7,322
(1,177)
54,214
4,553,480
143,771		 Fixtures
and
fttings
£
211,918
7,283
(78,059)
704,463
845,605
153,305
14,704
(64,258)
103,751
741,854
58,613
Fixtures
and
fttings
£
211,918
3,196
(78,059)
704,463
841,518
153,305
14,402
(64,258)
103,449
738,069
58,613		 Motor
vehicles
£
40,387
-
-
-
40,387
23,107
5,760
-
28,867
11,520
17,280
Motor
vehicles
£
40,387
-
-
-
40,387
23,107
5,760
-
28,867
11,520
17,280		 Computer
equipment
£
192,170
26,818
(66,265)
-
152,723
154,159
25,499
(65,181)
114,477
38,246
38,011
Computer
equipment
£
192,170
26,818
(66,265)
-
152,723
154,159
25,499
(65,181)
114,477
38,246
38,011		 Assets
under
construction
£
2,475,141
2,721,908
-
(5,129,121)
67,928
-
-
-
-
67,928
2,475,141
Assets
under
construction
£
2,475,141
2,721,908
-
(5,129,121)
67,928
-
-
-
-
67,928
2,475,141		 Total
£
3,111,456
2,761,913
(159,032)
-
5,714,337
378,640
53,285
(130,616)
301,309
5,413,028
2,732,816
Total
£
3,111,456
2,757,826
(159,032)
-
5,710,250
378,640
52,983
(130,616)
301,007
5,409,243
2,732,816

66

PLYMOUTH ARGYLE FOOTBALL IN THE COMMUNITY TRUST TRADING AS ARGYLE COMMUNITY TRUST

  1. Stock

Finished goods

Group Charity
2025 2025
£ £
2,304 -

18. Debtors

18. Debtors
Trade debtors
Due from group undertakings
Prepayments
Accrued income
VAT recoverable		 Group
2025
393,832
-
96,339
197,617
163,243
851,031		 2024
334,531
-
47,726
110,990
51,881
545,128		 Charity
2025
£
337,345
221,276
83,729
179,022
163,243
984,615		 2024
£
334,531
-
47,726
110,990
51,881
545,128

19. Cash and cash equivalents

Group
2025
Trade creditors
279,216
Other taxation and social security 67,154
Other creditors
32,086
Accruals
77,045
Deferred income
138,232
593,733
20. Creditors: amounts falling due within one year
Group
2025
Cash at bank
2,377,970		 2024
243,214
50,923
24,214
43,959
114,427
476,737
2024
2,440,251		 Charity
2025
£
241,755
60,639
32,085
62,179
128,848
525,506
Charity
2025
£
2,315,856		 2024
£
2,440,251
2024
£
243,214
50,923
24,214
43,959
114,427
476,737

21. Creditors: amounts falling due after one year

Group Charity
2025 2024 2025 2024
£ £
Other creditors 47,500 3,750 47,500 3,750

67

Deffered income

Defered income
Deferred income at 1 July 2024
Resources deferred in the period
Amounts released from previous periods
Deferred income at year end		 2025
£
114,427
128,848
(114,427)
128,848		 2024
£
100,215
114,427
(100,215)
114,427

22. Obligations under leases and hire purchase contracts

Operating lease commitments

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

Other
Within one year
Between one and fve years
After fve years		 Group
2025
68,704
274,815
4,212,351
4,555,870		 2024
11,933
13,336
-
25,269		 Charity
2025
£
68,704
274,815
4,212,351
4,555,870		 2024
£
11,933
13,336
-
25,269

23. Pension and other schemes

Defined contribution pension scheme

The group operates a defined contribution pension scheme. The pension cost charge for the year represents contributions payable by the group to the scheme and amounted to 71,822 (2024 - £63,726).

24. Funds

Group
Unrestricted funds
General
General Funds
Facility Funds
Designated
Manadon Sink Fund
Total unrestricted funds		 At 1 July
2024
£
1,768,645
1,000,000
2,768,645
125,000
2,893,645		 Incoming
resources
£
5,149,774
-
5,149,774
-
5,149,774		 Resources
expended
£
(4,516,691)
-
(4,516,691)
-
(4,516,691)		 Transfers
£
(94,218)
-
(94,218)
50,000
(44,218)		 At 30 June
2025
£
2,307,510
1,000,000
3,307,510
175,000
3,482,510

68

PLYMOUTH ARGYLE FOOTBALL IN THE COMMUNITY TRUST TRADING AS ARGYLE COMMUNITY TRUST

24. Funds (continued)

24. Funds (continued)
Restricted funds
Premier League 4 Sport
4,888
Premier League Kicks
22,022
Premier League Primary Stars
-
Table tennis
4,071
Big Lottery - Family Health
4,361
EFL Trust Innovation Fund
4,167
Street Games
-
Active Through Football
-
Migrant Fund
934
Football Foundation Playzone
-
Household Support Grant
-
Brickfelds (pre-construction)
2,072,207
PL Inspires
12,235
Rank: FIT
21,838
Premier League Fan Referral Pilot 2,307
Sports England
5,731
National Lottery - Million Hours
18,649
Fund (Positive Youth Plymouth)
National Lottery - Food Club
12
Community Allotment -
3,779
National Grid
FA Para Football Talent Hub
-
Premier League Fans Fund
-
Clothworkers’ Foundation
50,000
Rank Foundation -
16,862
Time 2 Shine Marketing
The FA Emerging Talent
-
Bernard Sunley
50,000
Garfeld Weston
50,000
ports England- Multi-Sports
-
Activity Fund
Multiply
-
PCC - Community Recovery Fund -
Sports England -
-
Active Youth Plymstock
Rank Foundation -
-
Time 2 Shine Facilities
Premier League PFA
-
Players Project Pilot
The Football Association-
-
Innovation Project
Sports England- Ability Counts
-
Football Foundation - Plymouth -
PlayZone Programme Project
Development Grant -Grant G-207858
ERF Delivery Company Ltd -
-
PV Gran
Premier League Police Pilot Fund -
Total restricted funds
2,344,063
Total funds
5,237,708		 -
115,000
100,000
-
-
-
800
109,534
-
1,430,800
3,400
994,668
35,000
-
-
-
45,942
-
-
4,500
25,000
-
-
27,200
-
-
9,800
3,449
42,000
10,000
30,992
12,500
5,820
15,000
2,661
40,000
39,000
3,103,066
8,252,840		 (4,888)
(126,431)
(122,870)
(4,071)
(4,361)
(4,167)
(1,000)
(119,257)
(934)
-
(3,470)
(265,338)
(45,979)
(21,898)
(3,707)
(11,798)
(62,183)
(12)
-
(4,585)
(23,073)
-
(19,610)
(27,558)
-
-
(9,907)
(3,882)
(10,780)
(10,097)
(30,992)
(9,904)
(4,864)
(1,487)
(2,661)
-
(8,993)
(970,757)
(5,487,448)		 -
-
22,870
-
-
-
200
9,723
-
-
70
-
-
60
1,400
6,067
-
-
-
85
-
-
2,748
358
-
-
107
433
-
97
-
-
-
-
-
-
-
44,218
-		 -
10,591
-
-
-
-
-
-
-
1,430,800
-
2,801,537
1,256
-
-
-
2,408
-
3,779
-
1,927
50,000
-
-
50,000
50,000
-
-
31,220
-
-
2,596
956
13,513
-
40,000
30,007
4,520,590
8,003,100

69

PLYMOUTH ARGYLE FOOTBALL IN THE COMMUNITY TRUST TRADING AS ARGYLE COMMUNITY TRUST

24. Funds (continued)

Unrestricted funds
General
General Funds
Facility Funds
Designated
Manadon Sink Fund
Total unrestricted funds
Restricted 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 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
Brickfelds (pre-construction)
PL Inspires
Rank: FIT
Safer Streets
Premier League Fan Referral Pilot
Sports England
National Lottery - Million Hours
Fund (Positive Youth Plymouth)
National Lottery - Food Club
Community Allotment -
National Grid
FA Para Football Talent Hub
Premier League Fans Fund
Clothworkers’ Foundation
Rank Foundation - Time 2
Shine Marketing		 At 1 July
2023
£
1,380,397
1,000,000
2,380,397
-
2,380,397
4,888
57,471
2,574
-
2,085
4,071
4,361
21,747
9,625
4,167
7,362
-
8,216
15,438
77,840
9,160
-
9,470
189
4,935
1,431
413
9,154
25,126
50,550
-
-
-
-
-
-
-
-
-		 Incoming
resources
£
4,487,817
-
4,487,817
-
4,487,817
-
115,000
-
100,000
-
-
-
-
-
-
500
1,000
7,200
6,000
58,744
-
18,214
2,720
-
-
-
2,071,794
35,000
29,805
25,000
15,000
9,500
22,971
24,455
4,500
4,500
25,000
50,000
29,375		 Resources
expended
£
(3,938,099)
-
(3,938,099)
-
(3,938,099)
-
(150,449)
(2,574)
(116,384)
(2,085)
-
-
(22,137)
(9,625)
-
(8,240)
(1,000)
(15,509)
(21,455)
(143,923)
(8,226)
(21,779)
(12,247)
(189)
(6,841)
(1,431)
-
(31,919)
(33,093)
(75,639)
(12,693)
(3,769)
(4,322)
(24,443)
(721)
(4,505)
(27,608)
-
(12,513)		 Transfers
£
(161,470)
-
(161,470)
125,000
(36,470)
-
-
-
16,384
-
-
-
390
-
-
378
-
93
17
7,339
-
3,565
57
-
1,906
-
-
-
-
89
-
-
-
-
-
5
2,608
-
-		 At 30 June
2024
£
1,768,645
1,000,000
2,768,645
125,000
2,893,645
4,888
22,022
-
-
-
4,071
4,361
-
-
4,167
-
-
-
-
-
934
-
-
-
-
-
2,072,207
12,235
21,838
-
2,307
5,731
18,649
12
3,779
-
-
50,000
16,862

70

PLYMOUTH ARGYLE FOOTBALL IN THE COMMUNITY TRUST TRADING AS ARGYLE COMMUNITY TRUST

Charity
Unrestricted funds
General
General Funds
Facility Funds
Designated
Manadon Sink Fund
Total unrestricted funds
Restricted funds
Premier League 4 Sport
Premier League Kicks
Premier League Primary Stars
Table tennis
Big Lottery - Family Health
EFL Trust Innovation Fund
Street Games
Active Through Football
Migrant Fund
Football Foundation Playzone
Household Support Grant
Brickfelds (pre-construction)
PL Inspires
Rank: FIT
Premier League Fan Referral Pilot
Sports England
National Lottery - Million Hours)
Fund (Positive Youth Plymouth
National Lottery - Food Club
Community Allotment -
National Grid
FA Para Football Talent Hub
Premier League Fans Fund
Clothworkers’ Foundation
Rank Foundation - Time 2
Shine Marketing
The FA Emerging Talent
Bernard Sunley
24. Funds (continued)
The FA Emerging Talent
Bernard Sunley
Garfeld Weston
Total restricted funds
Total funds		 At 1 July
2024
£
1,768,645
1,000,000
2,768,645
125,000
2,893,645
4,888
22,022
-
4,071
4,361
4,167
-
-
934
-
-
2,072,207
12,235
21,838
2,307
5,731
18,649
12
3,779
-
-
50,000
16,862
-
50,000
-
-
-
330,273
2,710,670		 Incoming
resources
£
4,926,875
-
4,926,875
-
4,926,875
-
115,000
100,000
-
-
-
800
109,534
-
1,430,800
3,400
994,668
35,000
-
-
-
45,942
-
-
4,500
25,000
-
-
27,200
-
20,000
50,000
50,000
2,776,278
7,264,095		 Resources
expended
£
(4,160,183)
-
(4,160,183)
-
(4,160,183)
(4,888)
(126,431)
(122,870)
(4,071)
(4,361)
(4,167)
(1,000)
(119,257)
(934)
-
(3,470)
(265,338)
(45,979)
(21,898)
(3,707)
(11,798)
(62,183)
(12)
-
(4,585)
(23,073)
-
(19,610)
(27,558)
-
(23,639)
-
-
(798,958)
(4,737,057)		 Transfers
£
(94,218)
-
(94,218)
50,000
(44,218)
-
-
22,870
-
-
-
200
9,723
-
-
70
-
-
60
1,400
6,067
-
-
-
85
-
-
2,748
358
-
3,639
-
-
36,470
-		 At 30 June
2025
£
2,441,119
1,000,000
3,441,119
175,000
3,616,119
-
10,591
-
-
-
-
-
-
-
1,430,800
-
2,801,537
1,256
-
-
-
2,408
-
3,779
-
1,927
50,000
-
-
50,000
-
50,000
50,000
2,344,063
5,237,708

71

24. Funds (continued)

Garfeld Weston
50,000
Sports England- Multi-Sports
-
Activity Fund
Multiply
-
PCC - Community Recovery Fund -
Sports England -
-
Active Youth Plymstock
Rank Foundation - Time 2
-
Shine Facilities
Premier League PFA
-
Players Project Pilot
The Football Association-
-
Innovation Project
Sports England- Ability Counts
-
Football Foundation - Plymouth
-
PlayZone Programme Project
Development Grant -Grant G-207858
ERF Delivery Company Ltd
-
PV Grant
Premier League Police Pilot Fund -
Total restricted funds
2,344,063
Total funds
5,237,708		 Garfeld Weston
50,000
Sports England- Multi-Sports
-
Activity Fund
Multiply
-
PCC - Community Recovery Fund -
Sports England -
-
Active Youth Plymstock
Rank Foundation - Time 2
-
Shine Facilities
Premier League PFA
-
Players Project Pilot
The Football Association-
-
Innovation Project
Sports England- Ability Counts
-
Football Foundation - Plymouth
-
PlayZone Programme Project
Development Grant -Grant G-207858
ERF Delivery Company Ltd
-
PV Grant
Premier League Police Pilot Fund -
Total restricted funds
2,344,063
Total funds
5,237,708		 -
9,800
3,449
42,000
10,000
30,992
12,500
5,820
15,000
2,661
40,000
39,000
3,103,066
8,029,941		 -
(9,907)
(3,882)
(10,780)
(10,097)
(30,992)
(9,904)
(4,864)
(1,487)
(2,661)
-
(8,993)
(970,757)
(5,130,940)		 -
107
433
-
97
-
-
-
-
-
-
-
44,218
-		 50,000
-
-
31,220
-
-
2,596
956
13,513
-
40,000
30,007
4,520,590
8,136,709
Unrestricted funds
General
General Funds
Facility Funds
Designated
Manadon Sink Fund
Total unrestricted funds
Restricted 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		 At 1 July
2023
£
1,380,397
1,000,000
2,380,397
-
2,380,397
4,888
57,471
2,574
-
2,085
4,071
4,361
21,747		 Incoming
resources
£
4,487,817
-
4,487,817
-
4,487,817
-
115,000
-
100,000
-
-
-
-		 Resources
expended
£
(3,938,099)
-
(3,938,099)
-
(3,938,099)
-
(150,449)
(2,574)
(116,384)
(2,085)
-
-
(22,137)		 Transfers
£
(161,470)
-
(161,470)
125,000
(36,470)
-
-
-
16,384
-
-
-
390		 At 30 June
2024
£
1,768,645
1,000,000
2,768,645
125,000
2,893,645
4,888
22,022
-
-
-
4,071
4,361
-

72

24. Funds (continued)

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
Brickfelds (pre-construction)
PL Inspires
Rank: FIT
Safer Streets
Premier League Fan Referral Pilot
Sports England
National Lottery - Million Hours
Fund (Positive Youth Plymouth)
National Lottery - Food Club
Community Allotment -
National Grid
FA Para Football Talent Hub
Premier League Fans Fund
Clothworkers’ Foundation
Rank Foundation - Time 2
Shine Marketing
The FA Emerging Talent
Bernard Sunley
Garfeld Weston
Total restricted funds
Total funds		 9,625
4,167
7,362
-
8,216
15,438
77,840
9,160
-
9,470
189
4,935
1,431
413
9,154
25,126
50,550
-
-
-
-
-
-
-
-
-
-
-
-
330,273
2,710,670		 -
-
500
1,000
7,200
6,000
58,744
-
18,214
2,720
-
-
-
2,071,794
35,000
29,805
25,000
15,000
9,500
22,971
24,455
4,500
4,500
25,000
50,000
29,375
20,000
50,000
50,000
2,776,278
7,264,095		 (9,625)
-
(8,240)
(1,000)
(15,509)
(21,455)
(143,923)
(8,226)
(21,779)
(12,247)
(189)
(6,841)
(1,431)
-
(31,919)
(33,093)
(75,639)
(12,693)
(3,769)
(4,322)
(24,443)
(721)
(4,505)
(27,608)
-
(12,513)
(23,639)
-
-
(798,958)
94,737,057)		 -
-
378
-
93
17
7,339
-
3,565
57
-
1,906
-
-
-
-
89
-
-
-
-
-
5
2,608
-
-
3,639
-
-
36,470
-		 -
4,167
-
-
-
-
-
934
-
-
-
-
-
2,072,207
12,235
21,838
-
2,307
5,731
18,649
12
3,779
-
-
50,000
16,862
-
50,000
50,000
2,344,063
5,237,708

73

Purpose of restricted funds

Premier League 4 Sport:

Funding to encourage more young people into sport.

Premier League Kicks:

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

PL Inspires:

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

Rank - FIT:

Premier League Primary Stars:

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

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

FA Emerging Talent:

Table Tennis:

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

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

Community Ownership Fund (COF):

Big Lottery - Family Health:

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

Government funding to take ownership of assets that are at risk of loss in the community.

Youth Investment Fund (YIF):

Sports England - Extra Time:

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

Government funding to improve the health and wellbeing of young people. It will equip young people with skills for work and life, empowering them to be active members of their community and society as a whole.

EFL Trust - Innovation Fund:

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

Street Games:

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

Active Through Football:

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

Bernard Sunley:

Support with Brickfields Capital development and ensuring the site provides health and well-being for participants, reducing social isolation, helping raise education standards and also ensuring the site is accessible for all.

Garfield Weston:

Support with Brickfields Capital development and ensuring the site provides health and well-being for participants, reducing social isolation, helping raise education standards and also ensuring the site is accessible for all.

Premier League Fans Fund:

Migrant Fund:

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

Football Foundation - Playzone

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

Household Support Grant:

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

Rank: Time 2 Shine:

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

Strengthen of fan engagement, inclusion, and community connections in football, working in partnership with the Football Club.

Premier League Fan Referral Pilot:

Encourages fans to invite new supporters, growing communities, enhancing experiences, and rewarding loyalty.

FA Para Football Talent Hub:

Identifies and develops talented para footballers, providing pathways to progress within England’s national disability teams.

National Grid’s Community Grant:

To fund a community allotment-that boost sustainability, education, and community wellbeing.

National Lottery - Million Hours Fund:

A youth-work funding opportunity aimed at reducing youth ASB in targeted areas of UK. ACT, in partnership with 4GCT and YMCA Plymouth, aim to deliver a youth hub

74

PLYMOUTH ARGYLE FOOTBALL IN THE COMMUNITY TRUST TRADING AS ARGYLE COMMUNITY TRUST

programme (Kicks style) across multiple sites and evenings mirroring our previous Pathfinder project.

National Lottery - funded Food Club:

Provides affordable food and community support to tackle food insecurity and strengthen local connections.

PCC - Community Recovery Fund:

This project aims to create community cohesion and celebrate diversity among young people aged 11-18 in Plymouth as we look to create a welcoming and inclusive future for the city of Plymouth.

Devon Multiply - Winning with Numbers:

This project will provide support to parents who want to improve their numeracy skills and confidence so that they can help their children and also their own progress.

Premier League PFA Players Project Pilot:

Adults (18-64). Whilst the project will facilitate fun and engaging football sessions for children with Autism. Sessions will also empower parents with knowledge and confidence around Autism, and the wider services and support available.

ERF Delivery Company Ltd - PV Grant:

Clothworkers Foundation:

Redevelopment of sports centre into a community hub for a charity which works with the local community affected by economic disadvantage in Devon.

Sports England - Active Youth Plymstock:

A multi-sport community programme will support young people ages 11-18 who are in Plymstock and surrounding areas. The programme will encompass a multi-sport offer as well as youth work provision.

Premier League Police Partnerships Pilot:

This project will support young people aged 8 to 18 in Plymouth and Torbay who are at risk of engaging in antisocial behaviour (ASB), drug misuse and violence. Our targeted approach will enhance police insight, strengthen community relationships and expand our one-to-one targeted mentoring.

Sports England - Multi Sports Activity Fund:

The programme will encompass a multi-sport offer as well as youth work provision.

Blended grant, 60% grant, 40% loan for energy efficiency PV at Brickfields Changing Room Block.

Sports England - Ability Counts:

Sport England Movement Fund to support Ability Counts launch from Foulston Park. Funding will support children with disabilities to access multi-sport from FPP, including purchasing a powerchair.

The Football Association - Innovation Project:

Fund closely associated with the FA’s Girls Emerging Talent Centres, aimed at fostering innovation and boosting girls’ football participation across England.

Fund Transfers

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

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PLYMOUTH ARGYLE FOOTBALL IN THE COMMUNITY TRUST TRADING AS ARGYLE COMMUNITY TRUST

25. Analysis of net assets between funds

Group
Group
Tangible fxed assets
Current assets
Current liabilities
Total net assets
Tangible fxed assets
Current assets
Current liabilities
Total net assets
Charity
Tangible fxed assets
Fixed asset investments
Current assets
Current liabilities
Total net assets
Tangible fxed assets
Current assets
Current liabilities
Total net assets		 Unrestricted
Funds
General
£
1,030,691
2,846,528
(364,702)
3,512,517
Unrestricted
Funds
General
£
658,178
2,689,360
(417,422)
2,930,116
Unrestricted
Funds
General
£
1,026,906
1
2,706,117
(86,898)
3,646,126
Unrestricted
Funds
General
£
658,178
2,689,360
(417,422)
2,930,116		 Restricted
Funds
£
4,382,337
384,777
(276,531)
4,490,583
Restricted
Funds
£
2,074,638
296,019
(63,064)
2,307,593
Restricted
Funds
£
4,382,337
-
594,354
(486,108)
4,490,583
Restricted
Funds
£
2,074,638
296,019
(63,064)
2,307,593		 At 30 June
2025
£
5,413,028
3,231,305
(641,233)
8,003,100
At 30 June
2024
£
2,732,816
2,985,379
(480,486)
5,237,709
At 30 June
2025
£
5,409,243
1
3,300,471
(573,006)
8,136,709
At 30 June
2024
£
2,732,816
2,985,379
(480,486)
5,237,709

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PLYMOUTH ARGYLE FOOTBALL IN THE COMMUNITY TRUST TRADING AS ARGYLE COMMUNITY TRUST

26. Related party transactions

Group

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

During the year sales invoices totalling £294,215 (2024: £132,320) were raised by the Trust to PAFC, principally in respect of facilities hire, salary recharges and recharged project delivery costs. Purchases of kit, equipment, tickets and other recharged amounts from PAFC totalled £318,267 (2024: £243,635). A net balance of £11,825 (2024: £26,481) was due from the Trust to PAFC at the year end in respect of trading account balances.

Charity

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

During the year sales invoices totalling £294,215 (2024: £132,320) were raised by the Trust to PAFC, principally in respect of facilities hire, salary recharges and recharged project delivery costs. Purchases of kit, equipment, tickets and other recharged amounts from PAFC totalled £318,267 (2024: £243,635). A net balance of £11,825 (2024: £26,481) was due from the Trust to PAFC at the year end in respect of trading account balances.

27. Commitments

Group

Capital commitments

The total amount contracted for but not provided in the financial statements was £2,450,000 (2024 - £Nil).

Charity

Capital commitments

The total amount contracted for but not provided in the financial statements was £2,450,000 (2024 - £Nil).

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PLYMOUTH ARGYLE FOOTBALL IN THE COMMUNITY TRUST TRADING AS

ARGYLECOMMUNITYTRUST.CO.UK

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

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